Sydney Morning Herald | Egypt's Rural Voters Get Their Turn in Elections The Ledger Emboldened by the unexpectedly smooth and gener » |
Wednesday, December 14, 2011
Egypt's Rural Voters Get Their Turn in Elections - The Ledger
Monday, December 12, 2011
Private equity funds holding $400B in cash - The Business Journal of Milwaukee:
The said the uninvested total climbexdby $141 billion in 2008 amid a 60 percentr drop in investments to the economifc crisis in the second half of 2008. The buildup came amid a record twoyears fund-raising in 2007 and 2008. "This historicx high of capital yet to be deployed by privatre equity creates a new deal paradigm and a Dealmakers have to put down their pencil and dispense with historicalspreadsheet analysis," said David an AM&AA advisory board membed and managing director at Mosaic Capital.
"The fact that privates equity deal flow has dropped to a multiyeat low is not due to a lack of capita l availablefor investment, whicjh remains at an all-time high," said John Gabbert, foundeer of PitchBook. "Private equity firms continue to raisde additional capitalas well, with 18 new fundsw raising $25 billion in the last 60 days alone. As economic conditionse continue to stabilize and the credit markets startto reopen, the privatr equity industry is poised to get back to deal
Saturday, December 10, 2011
Embarq, CenturyTel will become CenturyLink after merger - The Business Journal of the Greater Triad Area:
billion sale to closes, expected this The rural phone companies on Tuesdayu announced the planned name and logo for thecombined company. CenturyLink will retainm the CenturyTel (NYSE: CTL) trading “Our new brand name was selected because our customera and employees told us it reflected a compant thatis forward-looking and committedr to linking the country together,” CenturyTel CEO Glen Post III, who also will be chiefd executive of CenturyLink, said in the release. The compang will begin operating unde the new brand immediately upon closingthe deal.
In the followinfg months, markets will be converted to thenew brand, with customerws being notified in advance and the name being added to companyg signs, vehicles and marketing The logo is intended to represent the power of connecting people and businesses to one another and to new locally and nationally, the release said. Overland Park-based Embarqa (NYSE: EQ) and based in Monroe, La., are — from the before the deal can close. The headquarters will be in A Denver brandconsulting , helped develop the new brand name and logo, the released said. Together, the two companiews will have about 7.
5 million access lines, more than 2 millionn broadband customers and morethan 400,000 video subscribers. will . Embar q ranks No. 3 on the Kansaes City BusinessJournal ’s list of area public companies.
Thursday, December 8, 2011
Terminology bogs down hockey fighting debate - Regina Leader-Post
Terminology bogs down hockey fighting debate Regina Leader-Post That being said, I think that the whole fighting in hockey debate gets bogged down by the terminology used on both sides of the argument. It seems that every pundit, player, coach, commentator, etc., is using terms such as "ban" or "eliminate" when ... |
Tuesday, December 6, 2011
Pending home sales jump 6.7 percent - Houston Business Journal:
Pending sales of existing or contracts signed butnot closed, rose 6.7 percengt in April, according to the . April's pending sales were up 3.2 percenr from a year ago, the NAR said. The biggest increasre in April was inthe Northeast, wherwe pending sales jumped 32.6 percent from the previous The NAR's pending home sales index is a forwardr looking gauge, and the groulp cautions that it is more volatilde than actual closed "The relationship between contracts on pending home sales and closings on existiny home sales is taking longer than in the past for severakl reasons," said NAR chier economist Lawrence Yun.
"Mortgage processing time has increased, it is takinhg many months to close on thosre homes requiring short sales withlendere approval, and some sales are falling throug h at the last moment." Still, Yun said he believez the housing market has alreaduy bottomed out in some areas. The group last week reported closed salesx of existing homesrose 2.9 percent in The NAR's housing affordability index was also at its second-highes t level on record in April.
Sunday, December 4, 2011
T. Boone Pickens scraps huge wind farm project - San Antonio Business Journal:
Pickens, who made much of his fortune buying up oil and gas companiews inthe 1980s, put off the wind powee project because of the difficulty of getting credi t for it in the sour economy. He’d planned a 4,000-megawatt complex that might cost as muchas $10 and , his company, has already orderedc 667 wind turbines for it, though they won’t be delivered for several years. One problem facin the huge projectin Pampa, on U.S. Highwayy 60 northeast of Amarillo, was a lack of heavy transmissiohn lines needed to link any wind generators to thepowed grid. “The capital markets have dealt us all a Pickens said in a statemenrt through hisPR firm.
“I am committed to 667 wind turbines and I am going to find projectsfor them.” “Ij expect to continue development of the Pampa but not at the pace that I originally expected,” Pickens
Thursday, December 1, 2011
Obama to not offer formal condolence to Pak: White House - South Asian News Agency
New York Times | Obama to not offer formal condolence to Pak: White House South Asian News Agency WASHINGTON, (SANA): An American newspaper has claimed that the White House rejecting the request of US Ambassador to Pakistan Cameron Munter has said that the President Barrack Hussain Obama will not offer a formal condolence to Pakistan over the ... Obama Refrains From a Formal 'I'm Sorry' to Pakistan Obama will not issue a formal apology to Pakistan: NYT Obama not to issue formal apology to Pakistan: NYT |