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Len Boselovic's Heard off the Street: RTI demanded better deal...

2015-04-12 06:36:29| Industrial Machines - Topix.net

Alcoa's plan to invigorate its aerospace business by acquiring RTI International Metals, a Moon titanium producer, began with a Dec. 8 phone call from Alcoa Chairman and CEO Klaus Kleinfeld to Robert Hernandez, chairman of RTI's board. According to a lengthy document Alcoa filed last week with the U.S. Securities and Exchange Commission, what followed was a series of back-and-forth negotiations that culminated March 9, when the two metals producers announced a merger agreement that valued RTI at $1.5 billion.

Tags: street deal heard len

 

Thawing permafrost could be the worst climate threat you havent heard of

2015-04-03 22:28:00| Climate Ark Climate Change & Global Warming Newsfeed

Grist: Some things get better when you take them out of the freezer. Ice cream, for example, is unarguably more delicious when it gets a little melt-y. (Unarguably, I say! Come at me, trolls.) But other things get remarkably worse. Take bananas - the next time you whip up a smoothie, leave the frozen banana to defrost on your counter and watch in horror as it turns into a yellowish brown pile of watery mucus. And then theres permafrost: You dont even want to know what happens to that shit when it thaws...

Tags: of you heard worst

 
 

Upper Macungie trucking facility dispute to be heard in Lehigh County Court

2015-04-01 03:11:09| Trucking - Topix.net

Truck traffic in Upper Macungie Township. A judge will decide whether township zoners ruled properly in allowing Old Dominion Freight Line Inc. to proceed with a new building project.

Tags: county court heard upper

 

Len Boselovic's Heard Off the Street: Lawyers group says brokers can't be trusted

2015-03-29 11:30:49| Auto Dealers - Topix.net

While ads for Wall Street firms make it sound like investment professionals are just like doctors and lawyers when it comes to protecting clients interests, in private they act more like used car salesmen, according to the Public Investors Arbitration Bar Association. The group contends Wall Street firms' marketing efforts give the impression that they are bound by a fiduciary duty to put their client's interest first.

Tags: group street heard lawyers

 

IT workers' voices heard in the Senate, confidentially

2015-03-18 05:34:19| Energy - Topix.net

A Senate Judiciary Committee hearing today on the H-1B visa offered up a stew of policy arguments, positioning and frustration. Much of the frustration focused on the IT layoffs at Southern California Edison , which is cutting 500 IT workers after hiring two offshore outsourcing firms.

Tags: heard workers voices senate

 

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