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Fiat-Chrysler to Get $2.8 Billion in Cash from Ferrari in Spin-off Plan

2014-11-18 00:13:48| Automakers - Topix.net

Fiat-Chrysler is giving more details about its plans to spin off Ferrari as a separate company. Automotive News reports that the Italo-American auto conglomerate will seek a 2.24 billion, or roughly $2.8 billion in cash from the Italian supercar maker before the latter splits off into a separate company in 2015.

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Landlords Cash In as LED Billboards Go Big

2014-11-17 10:33:33| Real Estate - Topix.net

As Vornado Realty Trust prepares to throw the switch Tuesday on its mountainous electronic sign in the heart of Times Square, other landlords just outside the high-profile intersection of Seventh Avenue and Broadway are also betting on the digital-sign business. The sign along the front of the Marriott Marquis hotel will run the length of a football field and be six to eight stories high, according to a Vornado executive and company financial documents.

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'Cash transfers can save Rs 30,000 cr/year in food subsidies'

2014-11-17 01:24:16| Agriculture - Topix.net

Conditional cash transfer instead of providing grains at subsidized rates to the poor under the Food Security Act can save at least Rs 30,000 crore annually. NEW DELHI: Conditional cash transfer instead of providing grains at subsidized rates to the poor under the Food Security Act can save at least Rs 30,000 crore annually, said Shanta Kumar, chairman of a panel set up to revamp the state-run Food Corporation of India .

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Some Hope to Cash In on Casino Town Real Estate

2014-11-15 15:02:49| Real Estate - Topix.net

Gritty Everett and sleepy Plainville are fast becoming real estate hot spots as both communities prepare for the arrival of Vegas-style gambling. Steve Wynn's plans for a $1.6 billion gambling and entertainment palace on the site of an old chemical plant by the Mystic River in Everett, already has homeowners holding out for an expected casino gold rush, notes Maria Pena, a real estate agent in the city.

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Waste Management, Inc. Produces Annuity-Like Cash Flows, But Currently Expensive

2014-11-14 09:12:55| Waste Management - Topix.net

WM enjoys substantial scale compared to its competitors. Its core business generates annuity-like cash flows by providing services to residential, commercial, and industrial customers.

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