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Buffett's Berkshire avoids S&P rating downgrade
2016-02-20 01:22:41| Industrial Machines - Topix.net
Berkshire had been put on review on Aug. 11 for a possible downgrade on concern about Buffett's decision to deploy a large amount of cash toward the $32 billion acquisition of industrial parts maker Precision Castparts Corp. But S&P analyst Laline Carvalho said Berkshire's ratings were supported by the Omaha, Nebraska-based company's "excellent" profitability, "exceptional" liquidity and ability to generate significant cash flow from its roughly 90 operating businesses. S&P's "AA" rating is its third-highest, and its outlook for Berkshire is "stable."
Tags: rating
berkshire
avoids
downgrade
Buffett's Berkshire avoids S&P rating downgrade
2016-02-19 21:49:18| Food - Topix.net
Berkshire had been put on review on Aug. 11 for a possible downgrade on concern about Buffett's decision to deploy a large amount of cash toward the $32 billion acquisition of industrial parts maker Precision Castparts Corp. But S&P analyst Laline Carvalho said Berkshire's ratings were supported by the Omaha, Nebraska-based company's "excellent" profitability, "exceptional" liquidity and ability to generate significant cash flow from its roughly 90 operating businesses. S&P's "AA" rating is its third-highest, and its outlook for Berkshire is "stable."
Tags: rating
berkshire
avoids
downgrade
Startup's purchase Queensland coalmine avoids environmental scrutiny
2016-02-12 01:30:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: A loophole in Queensland mining laws could allow a startup company to avoid government scrutiny of its suitability to operate a coalmine with a $120m-plus environmental liability after raising less than $750,000 from investors. Batchfire Resources has inked a deal to buy Callide mine that may also not require it to seek a new environmental permit, sparing it from a possible hike in the amount of money it must guarantee for site rehabilitation should it go under. Batchfire, whose key shareholder,...
Tags: purchase
environmental
queensland
scrutiny
Real estate agent Patrick Ryan McCann avoids jail over drugs
2015-12-18 03:40:32| Real Estate - Topix.net
A former high-flying real estate agent has avoided being sent to jail for supplying the drug ice to his friends. Patrick Ryan McCann, 37, was given an 18-month suspended sentence in the Brisbane District Court on Friday, after pleading guilty to 24 charges of supplying methylamphetamine.
Tags: real
estate
agent
real estate
Westinghouse Avoids Billions Of Metric Tons Of CO2 As Fuel Facility Completes Record 100,000 Assemblies
2015-12-14 01:29:15| pollutiononline News Articles
Westinghouse Electric Company recentlyannounced that the company’s Columbia Fuel Fabrication Facility completed its 100,000th nuclear fuel assembly, representing enormous savings in carbon emissions and setting a world record for pressurized water reactor (PWR) fuel assembly fabrication and performance
Tags: record
facility
fuel
tons
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