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United Technologies (UTX) Stock Higher Today After Judge Reverses $657 Million Lawsuit Ruling

2015-04-07 19:12:18| Paper - Topix.net

The original judgement stipulated that the company was liable to pay the U.S. government restitution over what was initially ruled to be misleading statements by the company when it was competing with GE for a government contract to build the engines for the country's F-15 and F-16 fighter jets in 1983. The appellate court ruling reverses a district court's 2013 ruling in the case and sends the proceedings back to that court which originally found United Technologies liable for six years of overcharges.

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10 Must Reads for the CRE Industry Today (April 7, 2015)

2015-04-07 16:37:00| National Real Estate Investor

An increasing number of foreign investors are investigating Africa for real estate development, reports AFK Insider. Marcus & Millichap has doubled its office space in New York City with a 10-year deal for its new headquarters at the Sapir Organizations 260 Madison Avenue, according to The Real Deal. Cuba's next "revolution" will be in real estate development, notes World Property Channel. These are among today's must reads from around the commercial real estate industry. Content Classification:  Curated read more

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7 Stocks You Should Be Watching Today

2015-04-07 13:07:41| Railroads - Topix.net

Wall Street expects Greenbrier Companies, Inc. is estimated to report its Q2 earnings at $1.20 per share on revenue of $613.93 million. Greenbrier shares rose 0.08% to $60.65 in after-hours trading.

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2pm TODAY, Task Force briefs the news media on recommended rules for taxis and transportation network companies, including Uber and Lyft

2015-04-06 22:47:10| PortlandOnline

At 2 p.m. today, two members of the Private for-Hire Innovation Task Force will brief the news media on recommendations the group will present to the Portland City Council on Thursday. Mike Greenfield, chair of the Task Force, and Joan Plank, a retired Oregon Department of Transportation executive who serves on the Task Force, will provide an overview of the recommendations and will be available to answer questions from reporters.

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10 Must Reads for the CRE Industry Today (April 6, 2015)

2015-04-06 17:42:00| National Real Estate Investor

Ventas agreed to buy Arden Medical Services for $1.75 billion, with plans for a new REIT spin-off, reports Bloomberg. Private equity firm Harrison Street Real Estate Capital is beginning to develop on-campus mixed-use projects, notes the Wall Street Journal. Retailer Party City is planning an IPO, according to Reuters. These are among todays must reads from around the commercial real estate industry. Content Classification:  Curated read more

Tags: today april industry reads

 

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