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Judge says he'll sign off on Patriot Coal asset sale

2015-09-01 19:08:18| Energy - Topix.net

U.S. Bankruptcy Judge Keith Phillips said on Monday at a hearing in Richmond that he would sign off on Patriot holding an auction on Sept. 9. The bidding would be led off by the Virginia Conservation Legacy Fund, The Wall Street Journal reported.

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Historic Coke sign unveiling is Friday

2015-08-31 01:22:41| Beverages - Topix.net

Before the plaster came down on the side of a West Broad Street Building he owns in historic downtown Cookeville, Mayor Ricky Shelton was considering a mural for the space. "As the plaster came down, I could see the shadow of a sign that had once been painted on the side of the building, and as more and more of it was revealed, I stepped back and realized it had been a Coca-Cola advertisement," he said.

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Nokia, China Huaxin sign MoU to create new JV 

2015-08-28 14:43:00| Telecompaper Headlines

(Telecompaper) Nokia and China Huaxin entered into a MoU confirming their intention to combine Nokia's telecommunications infrastructure businesses in China (Nokia China) and Alcatel-Lucent Shanghai Bell (ASB) into a new joint venture. As agreed under the MoU, Nokia expects to hold 50 percent plus one share in the new joint venture, with China Huaxin holding the remaining shares. Fair value compensation would be received for the contribution of relevant assets to the joint venture. The new joint venture is conditional on and would be formed after the closing of Nokia's planned combination with Alcatel-Lucent, at which point Nokia would own 50 percent plus one share of ASB. The new joint venture is expected to be a strong national asset based in China capable of delivering value for both parties. The new joint venture is planned to operate under the English name of Nokia Shanghai Bell and would be registered in the China (Shanghai) Pilot Free Trade Zone. 

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Signed contracts to buy US homes rose 0.5 pct. in July, a possible sign of sales peaking

2015-08-27 16:51:59| Real Estate - Topix.net

The National Association of Realtors said Thursday that its seasonally adjusted pending home sales index rose 0.5 per cent to 110.9 last month. This marks a slight recovery from June, when the index fell to 110.4 after reaching 112.3 in May, a level last seen in 2006.

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McDonald's in Davenport, IA Seeks to Increase Customer Traffic with New LED Sign From Electro-Matic

2015-08-27 12:31:11| Industrial Newsroom - All News for Today

McDonald's is a world leading food service retailer in more than 100 countries, has more than 36,000 locations and combined they serve approximately 69 million people every day.  The McDonald's of Davenport, Iowa wants to make an even larger contribution to the people served everyday, so that's why they have decided...

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