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Torotrak to acquire remaining 80% of Flybrid for up to 23M; targeting commercial launch of M-KERS in 2015

2013-12-13 17:37:35| Green Car Congress

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Blockbuster to shut remaining stores

2013-12-12 12:10:01| BBC News | Business | UK Edition

Blockbuster, the DVD and games rental chain that went into administration in January, is to close down completely after failing to attract a buyer.

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Government sells remaining stake in GM

2013-12-10 01:03:49| Automakers - Topix.net

The Treasury Department sold its final shares of the Detroit auto giant on Monday, recovering $39 billion of the $49.5 billion it spent to save the dying automaker at the height of the financial crisis five years ago.

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Emerson Agrees To Purchase Remaining Stake In EGS Electrical Group From SPX Corporation

2013-12-09 07:43:19| chemicalonline News Articles

Emerson (NYSE: EMR) today announced that it has signed an agreement to acquire SPX Corporation’s 44.5 percent minority interest in EGS Electrical Group, giving it 100 percent ownership of the business. Emerson and SPX have jointly held the business since 1997, with Emerson responsible for operational management and consolidation of results in its Industrial Automation segment. The business had annual revenues in 2013 of more than $500 million. “We are excited for EGS to

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West Marine Is Close To Tangible Book, And On The Move With 80% Upside Remaining

2013-12-06 09:32:38| Mobile Homes - Topix.net

Editor's notes: This best-of-breed company in an out-of-favour industry is positioned well for a recovery.

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