Archive for: corporate

RealtyTrac: 3.9 Million Defaults in 2009

RealtyTrac: 3.9 Million Defaults in 2009

    According to the data released today by RealtyTrac Inc, U.S foreclosure filings will reach a record for the second consecutive year with 3.9 million notices...

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Planned Iranian news agency yields first story line: Will elite military force act as editors?

Iran media plans stir talk of elite force at helm DUBAI, United Arab Emirates — The portfolio of Iran’s Revolutionary Guard keeps on growing. Its troops...

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Copano Energy founder Eckel dead at age 58; Northcutt appointed president and CEO

Copano Energy founder Eckel dies at 58 HOUSTON — John Eckel Jr., who turned a 23-mile pipeline into a midstream natural gas company with more than 6,000 miles...

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Investors varying view on the economic recovery is pushing market into more volatile period

Stocks market only as strong as latest data NEW YORK — There’s a tug of war in the financial markets between investors who believe the economy is on its...

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Bain Capital to pay $1B for Citigroup’s controlling stake in Japanese call center operator

Citigroup sells stake in Japanese call center NEW YORK — Citigroup Inc. said Sunday that it is selling its controlling stake in Japan’s leading call center...

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Teekay LNG Partners swings to 3rd-quarter loss on interest-rate swap losses

Teekay LNG Partners takes loss on charges NEW YORK — Teekay LNG Partners LP fell to a third-quarter loss, reversing a year-ago gain as it took a loss on derivatives....

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Groups challenge discharge of heavy metals from TVA’s Kingston Plant into Clinch River

Groups challenge TVA river discharge from plant CHATTANOOGA, Tenn. — Environmental activists are trying to stop the Tennessee Valley Authority from starting a...

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Power struggle at South African utility sparks charges of racism, political meddling

SAfrica business dispute sets off racism charges JOHANNESBURG — A struggle over how to manage South Africa’s state-owned power company has opened debates...

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Werner Enterprises authorizes payment of quarterly, special dividends

Werner Enterprises to pay special dividend OMAHA, Neb. — Trucking company Werner Enterprises Inc. said Tuesday its board authorized payment of a quarterly cash...

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Thor Industries says CEO is stepping down due to illness

Thor Industries CEO steps down citing illness JACKSON CENTER, Ohio — Thor Industries Inc. says chairman and CEO Wade F. B. Thompson is ill and has stepped aside....

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Qiagen paying $90 million for U.S.-based diagnostic test maker SABiosciences

Qiagen buying test maker for $90 million NEW YORK — Netherlands-based diagnostic products maker Qiagen NV said Monday it is buying privately held diagnostic test...

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Utility regulators say Mississippi Power Co. proved need for more generating capacity

Miss. regulators, utility agree more power needed JACKSON, Miss. — Mississippi Power Co. has received the first level of regulatory approval in its effort to build...

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