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General Electric Close to Selling Real Estate Holdings

2015-04-11 05:08:56| Appliances - Topix.net

Denver Post sources are reporting that General Electric Co. is close to selling all or part of its vast commercial real estate holdings, as the conglomerate takes more aggressive steps to shrink its finance business.

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The latest tool for selling real estate: FaceTime

2015-04-11 00:59:14| Real Estate - Topix.net

Real estate agent Julie Ray has come of age in the red-hot housing market. But this was a first: Zooming through a $1.7 million house with her iPhone, she used its FaceTime video application to send images of the property -- including bathroom tile and a backyard lemon tree -- to the prospective buyers in Switzerland.

Tags: real estate latest tool

 
 

Apache selling Australian subsidiary for $2.1 billion

2015-04-09 10:54:41| Oil & Gas - Topix.net

" Apache Corp. says it is selling its Australian oil exploration and production subsidiary for $2.1 billion in cash. The Houston-based company said Wednesday that a consortium of private equity funds managed by Macquarie Capital Group Ltd. and Brookfield Asset Management Inc. agreed to buy Apache Energy Ltd. The assets of Apache Energy Ltd. and its subsidiaries averaged production of roughly 49,000 barrels of oil equivalent per day in March.

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Insider Selling: Awm Investment Company, Inc. Sells 10,578 Shares of PFSweb Stock

2015-04-09 08:30:56| Logistics - Topix.net

PFSweb major shareholder Awm Investment Company, Inc. sold 10,578 shares of PFSweb stock on the open market in a transaction dated Tuesday, April 7th. The shares were sold at an average price of $11.00, for a total transaction of $116,358.00.

Tags: company stock selling investment

 

Drug maker pleads guilty to selling children's Tylenol laced with carcinogenic heavy metals

2015-04-08 09:47:21| Biotech - Topix.net

Johnson & Johnson, maker of Children's Tylenol and Motrin, has pleaded guilty to charges it sold contaminated products to consumers. As reported by the Philadelphia Inquirer , the company has agreed to pay a massive fine - $25 million - after pleading guilty to a single criminal count in federal court over poor manufacturing practices at its Fort Washington facility.

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