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Revel Files Prepackaged Chapter 11 Cases, Plans to Reduce Debt by More Than $1.2B

2013-03-27 01:54:00| National Real Estate Investor

Revel AC Inc. has filed its voluntary prepackaged Chapter 11 cases in the U.S. Bankruptcy Court for the District of New Jersey to facilitate its previously announced financial restructuring. Under the reorganization, Revel will reduce its debt from approximately $1.52 billion to $272 million through a debt-for-equity conversion. read more

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Orders for Durable Goods in U.S. Increase More Than Forecast

2013-03-26 14:13:01| Industrial Machines - Topix.net

Gains in auto and home purchases may keep benefiting manufacturers from 3M Co. to United Technologies Corp., leading to increases in output that are giving the economy a lift.

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Orders for Durable Goods in U.S. Increase More Than Forecast

2013-03-26 13:47:59| Chemicals - Topix.net

Gains in auto and home purchases may keep benefiting manufacturers from 3M Co. to United Technologies Corp., leading to increases in output that are giving the economy a lift.

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Soda sales lose more fizz; Dr Pepper sales fall less than others

2013-03-26 03:33:52| Beverages - Topix.net

Market leader Coca-Cola saw its sales volume drop 1 percent in the annual report on soft drink sales.

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Why the Semiconductor Industry Ecosystem Is More Fragile Than Ever

2013-03-26 00:17:02| Semiconductors - Topix.net

The fabless model has been able to benefit from cheaper manufacturing overseas. The result hasn't been diversification of risk, however.

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