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Borgata parents could benefit if New Jersey legalizes Net bets
2013-01-22 16:18:33| Trucking - Topix.net
It hasn't been the best of times for Atlantic City. The question now is whether intrastate online gaming is the panacea that revives the Boardwalk.
Tags: net
benefit
jersey
parents
Spirit Realty Capital, Cole Credit Property Trust II to Merge to Create $7.1B Net Lease REIT
2013-01-22 14:08:00| National Real Estate Investor
Spirit Realty Capital Inc. and Cole Credit Property Trust II will merge to form a publicly-traded net lease REIT with a pro forma enterprise value of approximately $7.1 billion.
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create
property
credit
ZTE expects Q1 profit, warns for 2012 net loss
2013-01-21 02:05:00| Telecompaper Headlines
(Telecompaper) Chinese equipment maker ZTE expects to report a profit in Q1 and attributes this to its operational review and strategic realignment efforts. The strategic review began last year and sharpened focus on key products and markets and strengthened cash flow management. ZTE is generating net cash inflows from operations as the company recorded higher sales collection, achieved increased profitability on new contracts, applied stringent cost controls, and recognised investment gains. However, ZTE warned that it may post a full-year 2012 net loss of between CNY 2.5 and 2.9 billion, due to delays in the progress of some domestic and international network projects, the recognition of earlier lower-margin contracts, and a drop in revenue for terminal products.
ZTE warns of full-year net loss of up to $460m
2013-01-21 01:00:00| Total Telecom industry news
Chinese vendor insists turnaround efforts will bear fruit in Q1 2013, bringing a return to profit.
Sabic Q4 net profit up 11%
2013-01-20 05:59:12| Chemicals - Topix.net
Saudi Basic Industries Corp has posted an 11% increase in fourth-quarter profit, as sales grew and it raised prices on some products, Bloomberg has reported.
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