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Icahn's bid for Pep Boys would boost aftermarket business, but not Federal-Mogul, experts say

2015-12-10 21:55:14| Auto Parts - Topix.net

If financier Carl Icahn acquires Pep Boys for $863 million, it will give a big boost to his aftermarket retail chain Auto Plus, but not so much for another Icahn asset, Federal-Mogul Holdings Corp. Together, Pep Boys and Auto Plus -- which have 800 stores and 278 locations respectively -- would comprise the fifth-largest retail auto parts chain in the United States, says Brian Sponheimer, a New York-based analyst for Gabelli Asset Management. Icahn launched his consolidation strategy in June, when he purchased Auto Plus from Canada's Uni-Select Inc. for $340 million.

Tags: business say boys bid

Sandoval's text messages to NV Energy should be made public, experts say

2015-12-10 20:28:57| Electronics - Topix.net

Gov. Brian Sandoval is shown in his office April 17, 2015, at the Capitol in Carson City. The Republican is refusing to release any text messages he's had with NV Energy representatives despite a public records request.

Tags: made text public messages

Precision Tube and Strip Experts Exhibit at MD&M Minneapolis

2015-12-10 10:35:00| Offshore Technology

Superior Tube and Fine Tubes presented their range of precision medical-grade alloy tubes at the recent MD&M Minneapolis exhibition.

Tags: experts tube exhibit strip

Dow, DuPont merger could help shareholders but Michigan impact a concern, experts say

2015-12-09 20:49:07| Chemicals - Topix.net

If chemical giants Dow Chemical Co. and DuPont Co. were to merge operations, it could help shareholders but its impact on the Saginaw Bay region is a serious concern to watch carefully, according to one area financial adviser.

Tags: say impact experts concern