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Ford Motor Recalls Vehicles After Detecting Air Bag Issues
2014-09-29 03:53:56| Automakers - Topix.net
Ford Motor declared the recall of 850,000 vehicles in North America, Canada, and Mexico. Recalling is becoming a grave problem for the Detroit automakers.
Harley issues recalls to fix clutches, fuel tanks
2014-09-28 01:00:49| Automakers - Topix.net
Harley-Davidson is recalling more than 105,000 motorcycles from the 2014 model year because their clutches may fail, causing stopped bikes to creep forward and potentially crash. The Milwaukee company also is recalling 1,384 motorcycles made earlier this year to test for possible fuel tank leaks.
Air-bag issues cause Ford recall
2014-09-27 11:04:38| Food - Topix.net
NEW YORK Ford is recalling about 850,000 cars and SUVs because of a problem that could stop the air bags from working in a crash. The recalled models include the 2013-14 Ford C-Max compact, Fusion midsize, Escape SUV and the Lincoln MKZ luxury car, all sold in North America.
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Orange issues EUR 3 bln hybrid bonds for Jazztel acquisition
2014-09-25 08:56:00| Telecompaper Headlines
(Telecompaper) Orange has announced that it has raised EUR 3 billion towards its proposed acquisition of Spanish broadband operator Jazztel via the hybrid capital market. The company issued the equivalent of EUR 3 billion in hybrid subordinated perpetual bonds on the Euro and Sterling markets. The bonds were issued in three tranches of EUR 1 billion, 1.25 billion and 600 million, offering first call dates of 7, 12 and 8.5 years respectively. Orange said total orders exceeded EUR 11 billion and that the issue allowed it to strengthen its balance sheet at a cost of 4.5 percent, below the average cost of its existing bonds. On 16 September Orange launched an offer to acquire 100 percent of Jazztel shares at EUR 13 per share, valuing the Spanish operator at around EUR 3.4 billion. The deal is subject to regulatory approval as well as to Jazztel shareholders tendering at least half of the stock on top of an almost 15 percent stake held by top executives who have agreed to sell.
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acquisition
Realtors are alerted on hot issues ahead for real estate
2014-09-25 04:00:12| Real Estate - Topix.net
As leading advocates for homeownership in Silicon Valley, members of the Silicon Valley Association of Realtors make it a point to regularly keep track of local, state and national issues that affect housing and private property rights. This month National Association of Realtors senior political representative Chris Gosselin greeted Realtors with good news and gave them the heads-up on what could lie ahead for real estate in the State Capitol.
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