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Parts of Wade Avenue shopping center to be torn down, replaced with apartments, retail
2015-03-31 01:00:38| Grocery - Topix.net
The longtime owners of the Whole Foods Market-anchored Ridgewood Shopping Center on Wade Avenue in Raleigh have proposed one of the biggest changes to the center since Whole Foods bought the Wellspring Grocery store there in 1991. Andrew Techet , the third-generation owner of the Ridgewood shopping center at 3514 Wade Ave., has submitted site plans with the city to redevelop part of the site that will enable him to add more retail and commercial space, as well as a six-story tall apartment building and parking deck.
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AT&T To Be Replaced By Apple On Dow Jones From 19th March
2015-03-17 21:15:10| Footwear - Topix.net
Apple is all set to step up and replace AT&T Inc. at the New York stock exchange. The technology giant will officially be replacing the telecom giant after the close of trading on March 18. This revelation has been confirmed by S&P Dow Jones Indices' statement - a unit of MacGraw Hill Financial , which currently owns the blue chip index.
AT&T to be replaced by Apple on Dow Jones Industrial Average
2015-03-06 17:19:59| IT Services - Topix.net
AT&T will get nixed from the Dow Jones Industrial Average, which is replacing the Dallas tech giant with Apple. The change is expected to come after market close March 18 and be effective at the opening of the following trading day, according to a Dow Jones press release.
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Honda CEO Ito to step down, replaced by low-profile engineer
2015-02-23 10:02:35| Automakers - Topix.net
Honda Motor Co Chief Executive Takanobu Ito will step down in late June after six years in the top post and be succeeded by Managing Officer Takahiro Hachigo, a low-profile engineer with global experience, the company said in a surprise announcement on Monday. Japan's No.3 automaker has hit a rough patch over the past year with quality problems that have led to multiple recalls of its popular Fit hybrid subcompact, which Ito conceded earlier this month could have been caused at least in part by an aggressive sales target.
Ariad's 2nd largest shareholder says it wants Berger replaced as CEO
2015-02-21 20:12:18| Biotech - Topix.net
The second-largest shareholder in Ariad Pharmaceuticals made it clear in a filing today it wants to see CEO Harvey Berger gone, and according to one investor, several other of the company's largest shareholders agree. In a filing with the Securities and Exchange Commission this morning, Sarissa Capital, which owns a 7 percent stake in the Cambridge drugmaker said that "it is in the best interests of the issuer and its shareholders that the board undertake measures to effect and facilitate the imminent retirement of Harvey Berger as CEO."
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