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American Apparel Is Selling Its Lower East Side Mannequins on Craigslist
2015-10-29 03:44:13| Apparel - Topix.net
Yesterday, one of the first American Apparel stores to arrive in New York City shut its doors. The company, in the midst of Chapter 11 bankruptcy proceedings, seems to be hinting that its memorable store at 183 East Houston Street didn't make the cut because of its performance, but a statement we received from American Apparel yesterday says otherwise: "This store closure is a next step in implementing our previously announced turnaround plan , which includes underperforming locations and investing in new stores in promising areas."
How telcos plan to make billions by selling and combining customer data
2015-10-28 13:42:20| Extremetech
A new report tracks how telcos in the US are raking in cash by selling and marketing their own user's information -- with revenues expected to triple by 2020.
Cargill selling stake in North Star BlueScope Steel for $720 million
2015-10-27 16:52:31| Food - Topix.net
Cargill Inc. has agreed to sell its interest in North Star BlueScope Steel for $720 million, exiting the steel production business. The Minnetonka-based agribusiness giant announced Sunday it is unloading its 50 percent stake to its joint venture partner, BlueScope Steel, which will also assume $40 million in debt.
Tags: north
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selling
Diebold selling its North American electronic security business to Securitas for $350 million
2015-10-27 08:09:04| Appliances - Topix.net
Diebold Inc. , the technology and software company known for its ATMs and bank security systems, has agreed to sell its North America-based electronic security business to Securitas AB , an $8 billion global security services company based in Stockholm, for $350 million. "Given the transformation that is occurring in the self-service industry, this strategic decision will enable us to accelerate our own transformation and focus on the exciting opportunities we're seeing for growth and innovation in that market," said Andy W. Mattes, Diebold's president and chief executive, in a written statement released Sunday.
Tags: business
north
american
security
Chevron: Selling $1 Billion In Indonesian Assets
2015-10-26 16:51:19| Energy - Topix.net
Bloomberg is reporting that Chevron is now marketing its ownership stake in its South Natuna Sea Block B Indonesian assets for $1 billion. According to sources of Bloomberg, Chevron is marketing its 25% stake in its South Natuna Sea Block B Indonesian assets alongside majority operator and majority owner ConocoPhillips .
Tags: selling
assets
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