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Controversy over Chicago pipeline project won't stall Wisconsin Energy-Integrys deal: Klappa

2015-05-07 12:00:17| Energy - Topix.net

Controversy over a multi-billion-dollar gas main replacement program in Chicago will not delay Wisconsin Energy Corp.'s planned acquisition of the gas mains' owner Integrys Energy Group , Wisconsin Energy chairman and CEO Gale Klappa said Tuesday. Integrys owns Peoples Gas, which is embarking on a natural gas pipe replacement program that has seen its projected costs more than double to $4.6 billion from $2.2 billion in 2009, Crain's Chicago Business reported.

Tags: project deal chicago wisconsin

 

Obama's cars claim in trade deal running on empty?

2015-05-07 05:01:32| Auto Dealers - Topix.net

One of President Barack Obama's favorite sales pitches for his proposed trade deal with Pacific Rim nations -- known as the Trans-Pacific Partnership or TPP -- is that it will be a boon to the U.S. auto industry. If the TPP is passed, Obama argues, more Ford Mustangs and Chevy pick-ups will be cruising the streets of Japan.

Tags: cars running trade deal

 
 

Alcatel-Lucent CEO admits Nokia deal could hit revenue growth

2015-05-07 02:00:00| Total Telecom industry news

Franco-U.S. vendor turns in solid Q1 results, says 2015 will be backloaded.

Tags: hit deal growth nokia

 

Biotech Booms on Fat Synageva Deal, Bucks Yellen-Fueled Fears

2015-05-07 01:18:47| Biotech - Topix.net

Federal Reserve Chair Janet Yellen turned the bulls yellow today after she said that stocks valuations are high, and that long-term bond yields could jump when the Fed raises rates. The comment pushed the S&P 500 down 0.5%, while the ten-year US Treasury yield rose 5.6 bps to 2.21%.

Tags: deal fat fears biotech

 

Cablevision CEO wants New York cable deal

2015-05-06 21:38:46| Telecom - Topix.net

Cablevision Systems Corp. is focused in the greater New York City area and has 3.1 million customers. New York is also a big market for the country's second-biggest cable company, Time Warner Cable Inc. Cablevision CEO James Dolan was speaking on a stage Wednesday with CEOs of most of the country's biggest cable companies, excepting Comcast, at an event at an industry trade show in Chicago.

Tags: york deal cable ceo

 

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