Monro Muffler Brake completes purchase of New England tire store chain for $34 millionOctober 13th, 2009 Monro Muffler Brake completes $34 million purchaseROCHESTER, N.Y. — Auto repair business Monro Muffler Brake Inc.
MV Agusta, pockets deeper after Harley-Davidson purchase, unveils 1st new models in 10 yearsSeptember 30th, 2009 MV Agusta unveils first new models in 10 yearsNEW YORK — The Italian sport bike company bought by Harley-Davidson Inc. last year is unveiling its first new models in 10 years, saying that its purchase by Harley is starting to pay off.
Analyst downgrades Moog, Curtiss-Wright stock rating on limited visibility, valuationSeptember 21st, 2009 Analyst downgrades Moog, Curtiss-Wright ratingWASHINGTON — An analyst on Monday downgraded Moog Inc.'s and Curtiss-Wright Corp.'s stock rating based on valuation and limited visibility, despite an improved economic outlook. Boenning & Scattergood analyst Michael Ciarmoli lowered ratings for Moog, a supplier of precision control systems, and Curtiss-Wright, an industrial supplier to military and commercial customers, to "Neutral" from "Outperform" after the stocks fell below his targets of $33 and $36, respectively.
Brazil, France sign multi-billion dollar arms pactSeptember 7th, 2009 BRASILIA - Brazil and France have signed a major arms pact worth billions of dollars that includes transfer of key military technologies, building of submarines and purchase of helicopters. The agreement was sealed after a meeting between French President Nicolas Sarkozy and his Brazilian counterpart Luiz Inacio Lula da Silva here Monday.
Brandywine Realty announces purchase of $100 million of notesSeptember 3rd, 2009 Brandywine Realty announces purchase of notesRADNOR, Pa. — Brandywine Realty Trust, a real estate investment trust, said Thursday it completed the purchase of $100 million of its 5.75 percent notes.
Apax Partners completes tender offer for consumer finance Web site operator BankrateAugust 25th, 2009 Apax Partners completes Bankrate tender offerNEW YORK — Private equity firm Apax Partners said Tuesday that it completed a tender offer for the common shares of Bankrate Inc. as part of its plan to acquire the consumer finance Web site operator and take it private in a deal valued at about $570.8 million.
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.
Eclipse Aerospace says no other bidders appeared for closed EclipseAugust 14th, 2009 Company wants to take over Eclipse Aviation assetsALBUQUERQUE, N.M. — A company that wants to buy the assets of now-closed Eclipse Aviation hopes to close on the sale by the end of the month.
Good looks don't sell if customer is a womanAugust 13th, 2009 SYDNEY - Female customers are less likely to buy an item from a shop if they feel the sales girls are more attractive than they are, according to a study. The latest research from the University of South Australia (USA) says the power of gorgeous girls at the counter has some very clear limits.
India, global aviation body sign pact on skill developmentJuly 28th, 2009 NEW DELHI - The government Tuesday signed a pact with International Air Transport Association (IATA), which represents some 230 airlines comprising over 90 percent of scheduled air traffic globally, on skill development in the aviation sector. Under the pact signed in Geneva, IATA will help Indian aviation industry personnel enhance skills to help them match global standards, the government said Tuesday.
ECB says euro system covered bond purchases around euro100 million in first weekJuly 14th, 2009 ECB says covered bond purchase around euro100 millionFRANKFURT — The European Central Bank said Tuesday euro system central banks spent less than euro100 million ($140 million) in the first week of a program to purchase covered bonds from private banks. The previously announced program will spend euro60 billion on the purchase of covered bonds, a relatively safe type of asset-backed security.
TD Ameritrade completes $606 million acquisition of thinkorswim GroupJune 12th, 2009 TD Ameritrade completes thinkorswim acquisitionOMAHA, Neb. — Online brokerage TD Ameritrade Holding Corp.
Platinum Equity completes purchase of San Diego newspaper, names chief restructuring officerMay 5th, 2009 Platinum completes purchase of San Diego newspaperSAN DIEGO — Platinum Equity said Monday it completed its purchase of The San Diego Union-Tribune from Copley Press Inc., the private equity firm's first venture in newspaper publishing. Copley agreed to sell the Union-Tribune in March for an undisclosed sum eight months after putting it up for sale.
Product Recalls: Crouton productMay 2nd, 2009 Product Recalls: Crouton productThe following recall has been announced:
—Sugar Foods Corp. is recalling 531 cases of The Farmers Market Butter & Garlic crouton product because the croutons could contain undeclared milk allergens.