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Prices up, supply down as real estate market improves

2013-04-14 18:35:26| Real Estate - Topix.net

It can be hard to be a homebuyer these days. With a shortage of houses, low interest rates and hungry investors driving up competition, it's not uncommon for new listings with "just right" qualities to get multiple offers at or above full price within days or hours of entering the market.

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J.B. Hunt's 1Q Income Improves

2013-04-12 00:10:08| Trucking - Topix.net

J.B. Hunt Transport Services said late Thursday its first-quarter net income rose from a year ago as operating income at two of its four business segments rose more than 20%. Net income increased to $73.3 million, or 61 cents per share, from $67.7 million, or 57 cents, a year earlier.

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Intergraph SmartPlant Cloud Speeds Up Project Execution, Reduces Costs and Improves Operating Plant Performance

2013-04-11 16:18:00| Offshore Technology

Intergraph announces the launch of SmartPlant Cloud, the company's software as a service (SaaS) solution, a dynamic cloud computing environment to support the entire SmartPlant Enterprise portfolio. SmartPlant Cloud removes the need for customer har

Tags: project performance costs operating

 

Deutsche Telekom improves terms of MetroPCS offer

2013-04-11 08:46:00| Telecompaper Headlines

(Telecompaper) Deutsche Telekom has improved the terms of its offer for US Mobile operator MetroPCS, in the hope of winning over shareholders before the upcoming vote on the deal. Under the terms of the existing agreement, T-Mobile USA would be contributed to the combined company with MetroPCS carrying shareholder loans of USD 15 billion. In its improved offer, Deutsche Telekom will reduce these loans by USD 3.8 billion to USD 11.2 billion, increasing the equity value of the combined company. Deutsche Telekom will also reduce the interest rate on the USD 11.2 billion of shareholder loans by 50 basis points. This lower rate reflects the new capital structure of the combined company, the improved capital markets environment in recent months, and the interest rate level of MetroPCS newly issued USD 3.5 billion of bonds priced in March, the company said. The lock-up period during which Deutsche Telekom is prohibited from publicly selling shares in the combined company has also been extended by 12 months to 18 months following close of the merger. The improved terms answer a concern among MetroPCS shareholders that the new company would be carrying too much debt. The cash element of the deal remains USD 1.5 billion to existing MetroPCS shareholders, who will hold 26 percent in the new company. As Deutsche Telekom will fully consolidate the merged company, the change in the capital structure has no impact on its leverage.

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Exclusive Formula Improves PVC's Workability

2013-04-09 06:00:00| Industrial Newsroom - All News for Today

Pittsburgh, PA - TMI, LLC has engineered a solution for the difficulties PVC film&rsquo;s natural tackiness can cause manufacturers. The need for easy PVC separation, folding and unfolding pushed TMI to develop their exclusive Low Cohesion (LC) PVC formula.<br /> <br /> PVC film has a natural tendency to stick to itself, which can be useful for providing a seal on a strip door, but can cause problems in applications that require constant folding, unrolling or separation. It was with these ...

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