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Athletic Footwear Sells Off Amid Signs Of Weakening Fundamentals

2014-12-21 17:46:02| Footwear - Topix.net

A slew of footwear retailers were falling Friday after an analyst said athletic shoe sales promotions are running riot in the nation's shopping malls. Following four years that were relatively free from sales promotions, athletic footwear has seen "rising discounts at retail" among certain key styles, according to Bank of America's Robert F. Ohmes .

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Ferro sells most of its polymer additives business

2014-12-21 00:34:33| Canadian Plastics Headlines

Material supplier Ferro Corporation has sold the majority of the assets of its polymer additives business to a U.S.-based private equity firm for US$154 million in cash. Polymer Additives Inc., a portfolio company of H.I.G. Capital LLC, bought the assets…

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U.S. Sells Off Last Major TARP Investment, 6 Years On

2014-12-20 12:26:22| Automakers - Topix.net

The U.S. has finally sold off its remaining major investment in the Troubled Asset Relief Program, six years after beginning to bail out auto companies, banks and financial institutions in the depths of the Great Recession. The Treasury Department announced Friday that it will sell its remaining stake in Ally, the former financing division of General Motors, capping the end of its last major TARP investment and the auto rescue program.

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Grey Mountain Partners Sells HVS Acquisition, Inc. To ANDRITZ GROUP (ANDR:Vienna)

2014-12-19 07:25:46| pulpandpaperonline News Articles

Grey Mountain Partners (“Grey Mountain”) announced the sale of HVS Acquisition, Inc., including its subsidiaries Genesis Worldwide II, Inc., Herr-Voss Stamco, Inc., and RCI HV, Inc. (collectively, the “Company” or “Herr-Voss”), to Andritz (USA) Inc., an affiliate and member of ANDRITZ GROUP

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Goldgroup sells Mexican gold project to Timmins Gold for up to US$30 million

2014-12-18 15:29:01| Railroads - Topix.net

Timmins Gold Corp. will exchange US$10 million cash and shares currently worth about US$15 million to acquire the Caballo Blanco open pit gold mine project in Mexico from Goldgroup Mining Inc. . There's also a contingency for Timmins to pay an additional US$5 million once a permit is granted, making the deal potentially worth US$30 million.

Tags: project gold million mexican

 

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