Outdoor clothing manufacturer Patagonia has set up shop in downtown Austin with the opening of its 25th retail store and its first location in Texas. The new 7,000-square-foot Patagonia store at 316 North Congress is located in a historic building that began life as the W.B. Smith dry goods store in 1884, four years before the state capitol down the street was completed. The store carries Patagonia-branded outdoor sports and lifestyle products tailored...
Hill International (NYSE:HIL – News), the global leader in managing construction risk, announced today that it has been awarded a contract by SEHA – Abu Dhabi Health Services Company PJSC to provide project management services during the construction of multiple healthcare facilities. The two-year contract has an estimated value to Hill of approximately $22.8 million. The projects, which have an estimated value of $290 million, include...
CEMEX, S.A.B. de C.V. announces that it has selected BBVA, Citi, HSBC, RBS and Banco Santander, S.A. to lead a global effort to i) negotiate joint bilateral facilities for CEMEX, S.A.B. de C.V. and CEMEX Espa?a S.A. that will replace existing bilateral facilities with a group of banks, and ii) amend certain existing syndicated loan facilities. Completion of these transactions, including the amendments, may, depending on the facility, require majority...
Updated and expanded, this Fourth Edition of the most trusted reference in architecture offers the most comprehensive coverage of architectural and construction terms available. This classic dictionary now features nearly 25,000 definitions (including 2,800 new terms), 2,500 illustrations (including 200 new illustrations), and maintains its extraordinary visual appeal and easy-to-read page design. Prepared Prepared
RE/MAX International is proud to have been selected as one of the country’s “50 Top Franchises for Minorities.” As the only real estate franchisor included in the prestigious ranking, RE/MAX is joined by such notable corporations as McDonalds, 7-11, and InterContinental Hotels Group. “From our early days 35 years ago, RE/MAX has always provided rewarding career opportunities for women and minorities,” said Margaret Kelly, Chief Executive...
Fitch Ratings has assigned a rating of ‘BB’ to MGM MIRAGE’s 13% $750 million senior secured notes due 2013. MGM’s ‘BB-’ issuer default rating (IDR), ‘BB-’ senior unsecured rating, and ‘B’ senior subordinated rating were affirmed. MGM’s Rating Outlook is Negative. The $750 million issue was priced at 93.132% on October 31, 2008; a discount that resulted in a 15% yield and net proceeds...
The Connors Group announced today the re-launch of financial blogging website The Money Blogs. Featuring the insight of financial experts from a variety of fields, The Money Blogs is set to update daily with news, how-to’s and information on all things money. The launch comes amid a looming global recession and at a time when people are looking to find the best financial information in one place. The Connors Group also announced the initial lineup...
CB Richard Ellis Group, Inc announced today the underwriters exercised their option to purchase 7,500,000 additional shares of the Company’s Class A common stock at an offering price of $3.77 per share. As a result, the estimated net proceeds of the offering have increased to approximately $207.1 million. CB Richard Ellis expects to use the proceeds from the sale for general corporate purposes. The offering is being conducted as a public offering...
CGI Real Estate Holdings, LLC, a Bloomington Indiana-based Cook Group company, purchased two buildings in downtown Canton, in June. The Randolph building, built in 1883, located at 3 & 5 East Side Square and 15 East Side Square are now being renovated. “These are great old and once-vibrant buildings. It will be a joy to bring life back to them,” said Jim Murphy, President, CFC. Inc., Cook Group’s real estate development and management company. CFC,...
DBO Holdings, the corporate parent of John Maneely Company announced that Novolipetsk Steel (NLMK), a Russian Steel producer, has terminated its agreement to buy DBO Holdings from The Carlyle Group. DBO Holdings and NLMK entered into a merger agreement providing for the sale of DBO Holdings to NLMK for $3.53 billion. DBO Holdings filed a lawsuit on October 15th against NLMK in New York federal court as a result of NLMK’s failure to close the transaction...