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Ground Breaks on 208-Unit Multifamily Project in the East Village
2013-05-09 13:50:00| National Real Estate Investor
OliverMcMillan and Capri Capital Partners have begun construction on The Lofts. Located a 688 13th St. in San Diego, the five-story residential building is on a two-year construction schedule. read more
Tags: project
east
ground
village
Cargill breaks ground on new cocoa processing facility in Indonesia
2013-05-08 01:00:00| Food Processing Technology
American agribusiness firm Cargill has broken ground on a $100m cocoa processing facility in Gresik, in the East-Java region of Indonesia, a move which is expected to create approximately 200 new jobs.
Tags: ground
processing
facility
indonesia
Liberty Global breaks even in Q1, revenues up 9%
2013-05-07 09:05:00| Telecompaper Headlines
(Telecompaper) Liberty Global reported first-quarter revenues up 9 percent from a year earlier to USD 2.77 billion, led by double-digit growth in Germany and Belgium. Operating cash flow rose 6 percent to USD 1.27 billion, and operating profit was up 6 percent to USD 525 million. The net result was breakeven, after a loss of USD 25 million a year earlier. The cable operator finished the period with a total 35.2 million revenue-generating units, up by 373,00 from three months earlier. That includes gains of 70,000 in central and eastern Europe, 63,000 in Latin America and 240,000 in western Europe. Over 30 percent of the customer base subscribed to triple-play packages at the end of March. Liberty said it also had over 200,000 subscribers for its Horizon TV platform, launched last year in the Netherlands and in Switzerland in January. Horizon will launch in Ireland this summer and Germany later in the year. The company also expects to complete its takeover of the UK's Virgin Media in the second quarter, after a shareholder vote in early June. In addition, it has increased its stake in Dutch cable operator Ziggo to 18.2 percent. Liberty said it still expects to have sufficient cash after the takeover to complete its USD 3.5 billion share buyback in the coming two years. The company generated free cash flow of USD 28 million in Q1, after capex of USD 504 million. Total cash was USD 2.9 billion at the end of March.
Tags: up
global
breaks
revenues
Anheuser-Busch distributor breaks ground on Pasadena facility
2013-05-01 13:32:20| Beverages - Topix.net
Silver Eagle Distributors, the nation's largest Anheuser-Busch distributor, started construction on a $25 million, 400,000-square-foot distribution center in Pasadena, which will have the capacity to distribute 6 million to 8 million cases of product annually.
Tags: ground
facility
breaks
distributor
UMaine breaks ground for astronomy center
2013-04-30 23:30:14| Energy - Topix.net
The $5.2 million center was made possible with a $1 million naming gift from Emera Inc.
Tags: center
ground
breaks
astronomy
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