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PacWest CEO: Integration with Square 1 Bank will happen 'quickly'
2015-07-15 23:48:39| IT Services - Topix.net
With some of its newly reported numbers referred to as a "disappointment" by Matt Wagner , president and CEO of Los Angeles-based bank PacWest , the bank is looking ahead toward better days - particularly toward the closure of its buy of Durham-based Square 1 Bank , a deal worth an estimated $849 million. Wagner, releasing statements alongside an earnings announcement that disclosed negative net loan and lease growth for the quarter, said the merger with Square 1 was on track to close in the fourth quarter.
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Micron: If a Deal Were to Happen, Look Out For Oversupply, Says Morgan Stanley
2015-07-14 19:01:24| Semiconductors - Topix.net
As I mentioned earlier , Micron Technology has gotten one upgrade this morning based on speculation of a $21-per-share bid by Chinese government-backed chip maker Tsinghua Unigroup. Morgan Stanley 's Joseph Moore raised his rating on the stock to Equal Weight from Underweight, writing that the re-valuation of Micron's potential as a take-out target "puts a floor" under the stock price even though there are still worries about the DRAM market.
Will the Gateway tunnel ever happen? Amtrak has bet $300 million that it will
2015-07-09 07:51:17| Railroads - Topix.net
A new train tunnel linking New York and New Jersey, seen by experts as crucial to relieving the bottleneck under the Hudson River, is on the verge of getting underway. Mr. Coscia said Amtrak could begin the environmental review process this fall, and has already spent about $300 million on preparatory work and land acquisition, even though the estimated $15 billion needed for the larger Gateway project, which includes the tunnel, has not been lined up.
VIDEO: Third runway 'not going to happen'
2015-07-01 09:29:04| BBC News | Business | UK Edition
Mayor of London Boris Johnson says a proposal supported by the independent Airport Commission for a third runway at Heathrow "not going to happen".
Safety First: 1,300 Days Without a Lost Time Accident Does Not Happen By Accident!
2015-06-22 12:31:11| Industrial Newsroom - All News for Today
Vulcan GMS has surpassed the 1,300 day mark without a lost time accident and this has not happened by accident. Many companies will say they focus on safety or that they put safety first but yet they unfortunately still have lost time accidents. It is one thing to put a sign up that says safety is important and it...
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