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$2 billion and counting: Chinese shake up Puget Sound region's real estate market in a big way

2014-12-15 23:32:12| Real Estate - Topix.net

Tom Chang, senior vice president and director of the Pacific Northwest region for East West Bank was among the speakers at the first Pacific Rim Real Estate Summit this fall in Kirkland, where Realtors heard how they can cash in on the increasing trend of Chinese and other international buyers purchasing property in the Seattle region. Other panelists were Tere Foster of Windermere of Bellevue, Kevin Brown of Sotheby's International Realty in New York City, Angela Bi of Visa Consulting Group of Shanghai and Vancouver, B.C., and Wendy Lister of Coldwell Banker Bain.

Tags: real way big estate

 

Investment in Synchrophasors, Situational Awareness Expected to Total $107 Billion by 2023

2014-12-15 21:32:00| Electrical Construction & Maintenance

A new report from Navigant Research analyzes the global market for the eight underlying technologies that are the primary components of synchrophasors/wide area situational awareness (SWASA) solutions, including global market forecasts for revenue and installations through 2023. Content Classification:  Curated read more

Tags: total expected investment billion

 
 

BT enters exclusive talks to buy EE for GBP 12.5 billion

2014-12-15 21:10:00| Telecompaper Headlines

(Telecompaper) BT has entered into exclusive talks to acquire UK mobile operator EE from Deutsche Telekom and Orange for GBP 12.5 billion in cash and new shares. Under the non-binding terms agreed, Deutsche Telekom would hold 12 percent of BT and would be entitled to appoint a member to the BT board. Orange would own 4 percent of BT. The period of exclusivity will last several weeks to allow BT to complete due diligence and for negotiations on a definitive agreement to be reached. While continuing discussions, BT will progress its own plans for providing enhanced fixed-mobile converged services for businesses and consumers, in line with previous announcements, and remains confident of delivering on these plans should a transaction not take place. BT expects significant synergies mainly through network and IT rationalisation, back-office consolidation and savings on procurement, marketing and sales costs. In addition, BT expects to generate revenue synergies through selling fixed-line services to EE customers who do not currently take a service from BT, and by accelerating the sale of converged fixed-mobile services to BT's existing consumer and business customers.

Tags: buy exclusive billion gbp

 

Emerson to sell power transmission unit for $1.4 billion

2014-12-15 14:02:27| Electronics - Topix.net

Emerson has agreed to sell its Power Transmission Solutions business unit to Wisconsin-based Regal Beloit Corp. in a deal valued at $1.44 billion. Proceeds from the deal, which is expected to close in the first quarter of 2015, will be used to repurchase shares.

Tags: power sell unit transmission

 

FuelCell Energy hits 3 billion kWh mark from its DFC plants since 2003

2014-12-14 20:08:54| Electronics - Topix.net

FuelCell Energy, Inc., a provider of direct fuel cell power plants, has generated a cumulative three billion kilowatt hours of electricity from its Direct FuelCell power plants since the first commercial installation in 2003. FuelCell Energy has customers in nine countries in North America, Asia and Europe; three billion kWh of electricity is adequate to power approximately 271,000 US homes for one year, or about 679,000 German homes or 837,000 South Korean homes.

Tags: since mark energy hits

 

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