Latest News
Deep Value in USG's Slump
MSNBC | 3 hours 27 minutes ago
Sometimes, it pays to look where the value gurus are in the red.... (more)
They'd like to be under the sea
Globe and Mail (Toronto), The | 13 hours 33 minutes ago
Brazil's potentially massive Santos oil field discoveries in the deep waters off the South American country's coast could be a multibillion-dollar bonanza for the world's subsea companies with expertise to get at vast reserves of hidden oil under the ocean.... (more)
PORT CALENDAR
Oregonian (Portland), The | 15 hours 19 minutes ago
VESSELS IN PORT... (more)
Profit jumps 46% at Jacobs Engineering
Los Angeles Times | 22 hours 45 minutes ago
Pasadena-based Jacobs Engineering Group Inc., the second-largest publicly traded U.S. engineering company, said Monday that fiscal third-quarter earnings rose 46% on oil and natural gas projects and that it might earn more this year than previously forecast.... (more)
Realty Capital Planning $31M Redevelopment
GlobeSt.com | 23 hours 1 minute ago
Realty Capital Partners of Colleyville, TX and its development affiliate have formed RCP Medical District Urban Living Ltd. for the project at 5919 Maple Ave., just north of Inwood Road. A 300-unit, class A multifamily complex will be built and a 30,000-sf office building, built in the early 20th century and now leased to Harold's Stores Inc., will be converted into loft units. A second office building on the site will be demolished.... (more)
Industrial Tenants Sign New Leases for 430,000 SF
GlobeSt.com | 23 hours 1 minute ago
In the Corona transaction, Assa Abloy Door Group Inc., a commercial door specialist, signed a 61-month lease on a property at 255 Airport Circle in a deal valued at $3.1 million. Assa plans to use the building for the assembly and distribution of its door products throughout Southern California, according to Luke McDaniel, a senior vice president with Voit Commercial’s Anaheim Metro office.... (more)
KBS Buys Great Oaks Center
GlobeSt.com | 23 hours 1 minute ago
Great Oaks consists of four single-story office buildings completed in 1999 that are fully leased to tenants: including SunGard Recovery Services, InterContinental Hotels Group, Toyota Motor Sales and the Shaw Group. The center is part of Alpharetta’s 336-acre Royal 400 master-planned office park, just off the Georgia 400 thoroughfare in north Fulton County, and is adjacent to Royal Ridge, which KBS bought last year.... (more)
Minority firms told no deal on expected Brightwater work
Seattle Times, The | 1 day 14 hours 11 minutes ago
A group of small, minority-owned Seattle-area trucking companies that had expected to start working on the Brightwater sewage-treatment plant Monday got some bad news at the last minute: Their services won't be needed.... (more)
Premium KBS Tour steel shafts victorious at U.S. Bank Open
WorldGolf | 1 day 14 hours 18 minutes ago
BOULDER, Colo. -- Premium KBS Tour steel shafts continue to play in the black, recording their eighth victory on the year at the U.S. Bank Open in Milwaukee. The all-new line of KBS steel shafts features innovative Moment of Inertia Technology and have been cashing in on success ever since debuting on the pro tour earlier this year. Just within the past four weeks, KBS steel shafts have won the Buick Open, John Deere Classic and U.S. Bank Open on the PGA Tour. ... (more)
Wolseley cuts two directors in bid to trim costs
Forbes | 1 day 15 hours 41 minutes ago
LONDON (Thomson Financial) - Wolseley Plc, the plumbing and building materials distributor, has followed up last week's profits warning with management cuts as it struggles to stay within its banking covenants, reports the FT quoting the company.... (more)
Bouygues unit wins 92 million euro street lighting contract in two Paris suburbs
Forbes | 2 days 2 hours 54 minutes ago
PARIS (Thomson Financial) - ETDE, a unit of Bouygues Construction, said it has won a 20-year contract worth 92 million euros to provide street lighting in the districts of Boulogne-Billancourt and Sevres, just outside Paris.... (more)
ESDC To Further Columbia's 7M-SF Expansion Plan
GlobeSt.com | 2 days 9 hours 31 minutes ago
In adopting the plan, the ESDC board accepted the findings of a neighborhood conditions study conducted by the consulting firm AKRF Inc. and an audit of that study by Earth Tech Inc. "Both reports found that the area surrounding the project’s 17 buildings was mainly characterized by aging, poorly maintained and functionally obsolete industrial buildings, with little indication of recent reinvestment to revive their generally deteriorated conditions," according to a prepared statement.... (more)
Asphalt costs, tied to climbing oil prices, put the squeeze on paving contractors
American City Business Journals | 2 days 18 hours 16 minutes ago
The cost of hot liquid asphalt is rising faster than the steam from a freshly poured road on a summer day. Price escalation--one of the many consequences of oil topping $140 per barrel, since asphalt is a petroleum product--is hurting paving companies big and small.... (more)
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Companies in the news
- Assa Abloy Door Group Inc.
- Bouygues
- Callanan Industries Inc.
- Earth Tech Inc.
- Jacobs Engineering Group Inc
- KBS
- Parsons
- Realty Capital