industry / Top Stories
Developer scraps Oakland hotel plan, sells property to CMUMuseum Park Hotel LP, a partnership led by developer Brinton Motheral which has been working to develop a new hotel on a former gas station in the Pittsburgh's Oakland neighborhood, has decided to drop the plan and sell its property to its biggest neighbor and opponent of its project, Carnegie Mellon University.
Biz Journal Tuesday, November 03, 2009Report: Blackstone to invest in WestShore PlazaPrivate equity firm Blackstone Group has agreed to pay $195 million to buy stakes in two of Glimcher Realty Trust's malls, including Tampa's WestShore Plaza Mall, published reports Monday afternoon said. (BX) (GRT)
Biz Journal Tuesday, November 03, 2009N.C. workers' comp premiums to drop 10%North Carolina businesses will pay less for workers' compensation insurance next year, the state Department of Insurance said Monday.
Biz Journal Tuesday, November 03, 2009Salaries add up for nonprofit CEOsWestern New York's nonprofit sector employs more than 171 leaders with salaries over $100,000, including 10 individuals who earned more than $250,000 apiece during the period.
Biz Journal Tuesday, November 03, 2009Aftersoft Group, Inc. (ASFG.OB) Appoints Gerry Czarnecki as Chairman of the BoardAftersoft Group, Inc. is a young company that has vastly made a name for itself as a provider of business and supply chain management solutions to automotive parts manufacturers and distributors in the automotive aftermarket. Aftersoft has been attracting investors and leaders in their industry with a strong global presence. While based in [...]
IB Times Tuesday, November 03, 2009API Technologies Corp. (ATNY.OB) Secures $1.4 Million in New OrdersAPI Technologies Corp., a leading provider of innovative design, engineering and manufacturing solutions for electronic components and subsystems to the global defense and aerospace industry,
recently announced that the company has secured two new orders totaling over $1.4 million for its industry-leading communications components and sensors. Received by API??s National Hybrid (??NHI?) division in Long Island, [...]
IB Times Tuesday, November 03, 2009Park-Ohio Holdings Corp. (PKOH) Reports Loss in Third QuarterPark-Ohio Holdings Corp. reported a net loss for the third quarter of 2009 totaling $3.2 million, or $0.29 per share, as the recession continued to impact the company??s operations. This was an improvement over the net loss of $9.1 million, or $0.82 per share, reported in the same quarter in 2008. Revenues were $186.1 million [...]
IB Times Tuesday, November 03, 2009PTTEP: Montara's Fire and Leak Incident Now Under ControlPTTEP reported that the fire and oil and gas leak at the company's Montara project are now under control. All personnel are safe with no injury.
rigzone.com Tuesday, November 03, 2009UTS Sells Oil Sands Assets to Imperial, ExxonMobilUTS Energy is selling its 50% stake in three oil sands leases in northeastern Alberta to
imperial oil and ExxonMobil in a deal valued at $231 million.
rigzone.com Tuesday, November 03, 2009Venezuela's Oil Minister Kicks Off Heavy Oil ConferenceVenezuela's oil minister kicked off the World Heavy Oil Congress Tuesday, where he made the point that Venezuela's oil resources are defined by heavy grade crude.
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