Economic Data

July 05: A Week of Macro Indicators – Economic Highlights

Fresh from an extended 4th of July weekend, traders and investors must re-engage the market and its myriad questions — debt ceiling getting raised? Greek bailout? etc. — to hopefully better navigate the turbulence that has claimed the trading market all season thus far. Earnings season kicks off next week with Alcoa (AA) posting its 2nd quarter results. […]

Mergers & Acquisitions

Luxury Retreats acquires Buenos Aires-based Apartments BA to offer luxury rentals in Argentina

Luxury Retreats acquires Buenos Aires-based Apartments BA to offer luxury rentals in Argentina PR Newswire MONTREAL, July 5, 2011 MONTREAL , July 5, 2011 /PRNewswire/ – Luxury Retreats, one of the world’s leading elite villa vacation rental companies ( http://www.luxuryretreats.com ), has acquired the Buenos Aires -based outfit Apartments BA to begin offering high-end apartments for rent and for sale in the South American capital. With an established clientele and brand name in the industry, Apartments BA will continue to serve discerning travelers seeking an urban headquarters in the cosmopolitan city. The strength of Apartments BA ( http://www.apartmentsba.com ) lies in its dual “citizenship,” said Ben Tuff , General Manager of Apartments BA […]

Stock Analysts

Zacks report highlights South Rangely discovery (DEJ)

Steven Ralston, CFA Zacks report highlights South Rangely discovery In June 2011, Dejour ( DEJ ) announced that its vertical 3,863 foot exploratory well encountered approximately 90 feet of hydrocarbon bearing siltstone in the Lower Mancos “C" sands. The company is reviewing the well data before releasing specific information. […]

Stock Analysts

Starwood Boosts China Portfolio (HOT) (MAR)

White Plains, New York-based Starwood Hotels & Resorts Worldwide Inc ( HOT ) recently announced its intention of opening seven new Sheraton hotels by the end of September this year, which is in line with the company’s goal of operating100 hotels in China by end of next year. Sheraton currently operates more than 400 hotels in 70 countries. Recently, Sheraton completed a $6 billion brand-wide revitalization program, including $400 million in signature brand initiatives […]

Mergers & Acquisitions

Barra Energia Acquires Interest in BM-S-8 Block

Barra Energia Acquires Interest in BM-S-8 Block PR Newswire RIO DE JANEIRO, July 5, 2011 RIO DE JANEIRO , July 5, 2011 /PRNewswire/ — Barra Energia do Brasil Petroleo e Gas Ltd (Barra Energia) announced today that it has entered into an agreement to acquire 10% of Block BMS-8 from Shell Brasil Petroleo Ltda, which currently owns a 20% participation in the area. Financial terms of the transaction were not disclosed. The block is located offshore in the Santos Basin in water depth of approximately 2,100m […]

Stock Analysts

McGraw-Hill Acquires SSB Group (MHP) (PSO)

Platts, a business division of The McGraw-Hill Companies Inc . ( MHP ), recently announced the completion of the buyout of Steel Business Briefing Group (SBB Group), a U.K.based leading information provider of pricing and analytics to the global steel market. However, the financial aspects of the deal were not disclosed […]

Mergers & Acquisitions

Brightstar Announces Acquisition of Majority Interest in Flipswap Services, LLC

Brightstar Announces Acquisition of Majority Interest in Flipswap Services, LLC New Company to Optimize Phone Trade-In Program for Operators and Wireless Retailers PR Newswire MIAMI and Torrance, Calif., July 5, 2011 MIAMI and Torrance, Calif. , July 5, 2011 /PRNewswire/ — Brightstar Corp., a global leader in services and solutions for the wireless industry, announced today it has acquired a majority interest in Flipswap Services, LLC (“Flipswap Services”). The remaining interest of Flipswap Services will be owned by Flipswap Inc […]

MARC Green Workforce Study and Green Jobs Portal Marry Research With Real-Time Technology to Support Green Economy

MARC Green Workforce Study and Green Jobs Portal Marry Research With Real-Time Technology to Support Green Economy PR Newswire MILLERSVILLE, Md., July 5, 2011 Portal is the First Multi-State Labor Exchange with Geographic Interface in US History MILLERSVILLE, Md. , July 5 , 2011/PRNewswire-USNewswire/ — The Mid-Atlantic Regional Collaborative’s (MARC) Green Consortium is pleased to announce that its groundbreaking Green Data for a Growing Green Economy research reports and state-of-the-art green jobs portal are now available at www.marcgreenworks.com . […]

Mergers & Acquisitions

EL CONDOR ACQUIRING ADVANCED EXPLORATION STAGE COPPER, NICKEL & PGE PROJECT IN QUEBEC

EL CONDOR ACQUIRING ADVANCED EXPLORATION STAGE COPPER, NICKEL & PGE PROJECT IN QUEBEC PR Newswire VANCOUVER, July 5, 2011 TSXV: LCO VANCOUVER , July 5, 2011 /PRNewswire/ – El Condor Minerals Inc. (“El Condor” or the “Company”) is pleased to provide the following information concerning its acquisition (the ” Acquisition “) of the Horden Lake Property, previously announced on June 20, 2011 . Pursuant to the terms of a property purchase agreement made effective June 15, 2011 between the Company and Quetzal Energy Ltd., the Company will acquire 100% of the interest held by Quetzal in the Horden Lake Property, an advanced exploration stage copper, nickel and platinum group elements project located approximately 140 kilometers north of Mattagami, in east central Quebec […]

Mergers & Acquisitions

Avison Young acquires Millennium Realty Advisors, LLC

Avison Young acquires Millennium Realty Advisors, LLC PR Newswire TORONTO, July 5, 2011 Purchase expands Avison Young’s Washington, DC area presence; five new Principals added TORONTO , July 5, 2011 /PRNewswire/ – Mark E. Rose , Chair and CEO of Avison Young , Canada’s largest independently-owned commercial real estate services company, announced today that it has acquired Millennium Realty Advisors, LLC , a Virginia -based brokerage firm that provides agency leasing and tenant representation services. The acquisition further expands Avison Young’s market coverage in Northern Virginia , the largest market in the Washington, DC region. […]