Cemex completes $1.7B sale of Australian operations to Holcim in effort to build liquidityOctober 1st, 2009 Cemex completes $1.7B sale of Australian assetsNEW YORK — Building materials giant Cemex SAB de CV said Thursday it completed the sale of its Australian operations to Holcim Group for proceeds of about $1.7 billion. The company said it plans to use the proceeds to pay off debt and strengthen its liquidity position.
Genworth Financial completes $45M sales of Genworth Seguros Mexico to HDI-GerlingOctober 1st, 2009 Genworth Financial closes sale of Genworth SegurosNEW YORK — Genworth Financial Inc. said Thursday that it completed the $45 million sale of Genworth Seguros Mexico S.A.
Natural gas stocks increase in line with analyst expectationsSeptember 24th, 2009 Natural gas stocks grow as expectedNEW YORK — Natural gas stockpile levels rose last week, the government said Thursday. The Energy Department's Energy Information Administration said in its weekly report that natural gas inventories held in underground storage in the lower 48 states grew by 67 billion cubic feet to about 3.53 trillion cubic feet for the week ended Sept.
Eastman Kodak completes purchase of Bowe Bell + Howell scanner business, price not disclosedSeptember 1st, 2009 Eastman Kodak completes buy of scanner businessROCHESTER, N.Y. — Eastman Kodak Co.
Delek US Holdings names Mark Cox as its chief financial officerAugust 27th, 2009 Delek US Holdings names Mark Cox as CFOBRENTWOOD, Tenn. — Energy company Delek US Holdings Inc.
With natural gas prices at 7-year lows, producers are sparse during government lease auctionAugust 19th, 2009 Energy companies sparse during for offshore bidsNEW ORLEANS — Energy companies are not showing a lot of interest in offshore leases for natural gas being offered by the government. With prices down two-thirds, it's no surprise.
Morgan Stanley to buy Shanghai complex from Chinese developer for $358.5MAugust 18th, 2009 Morgan Stanley to buy Shanghai complex for $358.5MNEW YORK — Chinese developer SOHO China Ltd. has agreed to buy a multistory office and retail complex in Shanghai, The Exchange, from Morgan Stanley's real estate fund for about $358.5 million.
Drilling tracts off Texas coast draw lukewarm interest, with low gas prices and strong supplyAugust 18th, 2009 Interest lukewarm in sale of offshore gas leasesNEW ORLEANS — With natural gas prices down two-thirds or more from a year ago and supplies backlogged, interest in Texas offshore leases has dropped. The Minerals Management Service said Tuesday that 26 companies submitted 189 bids on 162 federal tracts — down sharply from last year's western Gulf of Mexico sale that attracted 423 bids from 53 companies on 319 tracts.
Weyerhaeuser completes sale of commercial business to Atlas HoldingsAugust 17th, 2009 Weyerhaeuser completes sale of 4 plants to AtlasFEDERAL WAY, Wash. — Timber and wood products company Weyerhaeuser Co.
PS Business Parks completes offering of common stockAugust 14th, 2009 PS Business Parks completes offeringGLENDALE, Calif. — PS Business Parks Inc.
Reliant Energy helps NRG second-quarter profit more than tripleJuly 30th, 2009 NRG 2Q profit more than triplesPRINCETON, N.J. — NRG Energy Inc.
Parts maker Delphi receives no new bidders on assets, paving way for sale to buyout firm, GMJuly 11th, 2009 Delphi receives no new bidders on assetsNEW YORK — Auto parts maker Delphi Corp. says a deadline has passed with no further bidders on its business, paving the way for a sale to a California private-equity firm and General Motors Corp.
Circuit City completes sale of Canadian assets to Bell CanadaJuly 2nd, 2009 Circuit City completes sale of Canadian assetsRICHMOND, Va. — Electronics retailer Circuit City, which closed all its U.S.
Angelina Jolie wants to have more babiesMarch 30th, 2009 LONDON - Actress Angelina Jolie confessed to her close friends that she wants to have two more babies, one natural and one adopted. She already has three natural babies and three adopted.
Mukesh Ambani's Reliance denies gas pact with brother's firmJanuary 13th, 2009 MUMBAI - Mukesh Ambani's Reliance Industries Wednesday denied any pact with Anil Ambani Group's Reliance Natural Resources Ltd (RNRL) for the sale of natural gas from the Krishna-Godavari basin off the Andhra Pradesh coast. Representing Reliance Industries, senior counsel Harish Salve told the Bombay High Court that a memorandum of understanding was entered into with Reliance Energy, another company in the Anil Ambani group, for the Dadri power project in Uttar Pradesh.
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