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Is the billionaire who bought Pep Boys moving them from Philly?

2016-01-22 19:25:18| Auto Parts - Topix.net

PHILADELPHIA - With billionaire investor Carl Icahn about to acquire Pep Boys, which has its corporate headquarters in North Philadelphia, the city is asking a favor from the new owner: Keep the operation in the city. According to philly.com , the 79-year-old Icahn recently won a $1 billion bidding war for the 95-year-old car parts company, beating out Japan's Bridgetone Corp. in the process.

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Is the billionaire who bought Pep Boys moving them from Philly?

2016-01-19 19:15:27| Auto Parts - Topix.net

PHILADELPHIA - Now that billionaire investor Carl Icahn has acquired Pep Boys, which has its corporate headquarters in North Philadelphia, the city is asking a favor from the new owner: Keep the operation in the city. According to philly.com , the 79-year-old Icahn recently won a $1 billion bidding war for the 95-year-old car parts company, beating out Japan's Bridgetone Corp. in the process.

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17 miners stuck in NY salt mine, crews trying to reach them

2016-01-07 13:23:50| Food - Topix.net

Seventeen miners are stuck in an elevator 900 feet underground at a central New York salt mine and emergency crews are working on a rescue. Cargill Inc. spokesman Mark Klein says the miners got stuck around 10 p.m. Wednesday while descending to the floor of the company's 2,300-foot-deep mine in Lansing, about 40 miles outside Syracuse.

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Chinese consumers may not be the gravy train that some U.S. multinationals portray them to be.

2016-01-06 08:16:46| Footwear - Topix.net

The CSI 300, an index of China's biggest stocks, fell by 7%, marking the worst start to a year for Chinese equities. Small-cap stocks didn't fare any better, many plunging by the daily maximum of 10%.

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Rovi Corp. Continues To Renew And The Market Doesn't Believe Them

2015-12-31 22:01:23| Telecom - Topix.net

Every market day, we select up to 20 of our authors' top long and short ideas, exclusively for PRO subscribers. Shares are down significantly over the last year due to the risk overhangs to the company including the big four renewal, competition threats, and lack of visibility to ARPU.

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