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AB Acquisition looking to take Safeway public this year-CNBC
2015-04-28 01:04:37| Grocery - Topix.net
AB Acquisition LLC, the holding company that owns Safeway Inc, has hired IPO bankers to plan an initial public offering for the grocery store chain later this year, CNBC reported, citing sources with knowledge of the matter. The IPO would raise more than $500 million, but the timing and size of the offering remains fluid, CNBC cited the sources as saying.
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Titan Eye Plus to open 60 new outlets this fiscal
2015-04-26 09:32:28| Steel - Topix.net
Tata Group firm Titan Company plans to open 60 new 'Titan Eye Plus' outlets during the current fiscal as part of an aggressive expansion strategy for the prescription eyewear products and sunglasses. Besides, it is also looking at increasing distribution of its in-house brands -- Fastrack and Glares -- this year.
Half of the US fracking industry could be gone after this year
2015-04-24 09:09:20| Energy - Topix.net
One oil executive thinks half of all fracking companies will be out of business or sold by the end of this year, according to Bloomberg. Rob Fulks, the pressure pumping marketing director at Weatherford International, told Bloomberg that a reduction in spending has put much of the US fracking industry at risk.
Half of the US fracking industry could be gone after this year
2015-04-24 08:21:08| Oil & Gas - Topix.net
One oil executive thinks half of all fracking companies will be out of business or sold by the end of this year, according to Bloomberg. Rob Fulks, the pressure pumping marketing director at Weatherford International, told Bloomberg that a reduction in spending has put much of the US fracking industry at risk.
Four things to watch for as Babcock & Wilcox splits this summer
2015-04-20 19:40:28| Industrial Machines - Topix.net
Babcock & Wilcox's board spent months last summer and fall considering whether to sell business units or look at other restructuring opportunities before settling on splitting into separate companies. New filings with the Securities and Exchange Commission provide some food for thought as The Babcock & Wilcox Co.
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