industry / Top Stories
BofA narrows internal CEO candidates down to twoBank of America has narrowed the short list of internal candidates to succeed CEO Ken Lewis down to two, the Wall Street Journal reported Tuesday, citing people familiar with the situation. (BAC)
Biz Journal Wednesday, October 07, 2009State to pay $34M to save energyThe state has awarded a Massachusetts company a $33.9 million contract to make 10 state office buildings in Honolulu more energy-efficient.
Biz Journal Wednesday, October 07, 2009Starwood Capital takes over failed CorusA consortium led by Starwood Capital Group is buying 40 percent of the loan portfolio of the failed Mainland lender that is financing the construction of a high-rise condominium in Waikiki. (CORS)
Biz Journal Wednesday, October 07, 2009TPG in group that wins bid for Corus assetsTPG Capital, a private equity firm with an investment arm in San Francisco, is among investors in a group that successfully bid for assets from the failed Corus Bank.
Biz Journal Wednesday, October 07, 2009New real estate advisory group formedCB Richard Ellis/New England has joined with a real estate veteran to create a retail advisory group to grow its retail group beyond investment sales and leverage its national platform.
Biz Journal Wednesday, October 07, 2009Denver's Koelbel buys Grand County's largest real-estate brokerageDenver real estate developer Koelbel and Co. has expanded its mountain presence by purchasing controlling interest in Coldwell Banker Mountain Properties of Winter Park, Grand County's largest real estate brokerage firm.
Biz Journal Wednesday, October 07, 2009Office vacancies tie 17-year highThe office vacancy rate has increased for the ninth consecutive quarter in Phoenix to 24.2 percent.
Biz Journal Wednesday, October 07, 2009Clenergen Corp. (CRGE.OB) Announces Memorandum of Agreement with Leading Scientific Research and Development CompanyClenergen Corp. announced that it has entered into a Memorandum of Agreement (MOA) with Enhanced Biofuels & Technologies India Ltd (EBTI) to form a new research and development company. Called Biomass2Biopower Private Limited (B2B), the new company will be focused on bio energy research and development, evaluating a variety of tree species for future potential [...]
IB Times Wednesday, October 07, 2009Axial Vector Energy Corp. (AXVC.PK) to Develop Strategic Plan for Penetration into ChinaAxial Vector Energy Corp. announced earlier this morning that it is planning to expand aggressively into China. The company has engaged Evotech Management Corporation (”EMC”), a global strategic management consulting and merchant banking firm, to develop a comprehensive plan and assist with the expansion. AVEC believes its next generation energy technologies have unlimited potential in industrial [...]
IB Times Wednesday, October 07, 2009First Advantage Corp. (FADV) Makes Investment in EnticelabsFirst Advantage Corporation made an equity investment in EnticeLabs, Inc., a company that provides HR recruitment advertising services for both active and passive job seekers. The company did not disclose the amount of the investment. The investment in Enticelabs, Inc. was part of a $2 million round of financing purposed to help the company [...]
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