ECWA mergers to pay debt caused WNY water bills increase. Mergers with Erie County Water Authority (ECWA) were mostly done to pay off debt. These debts were mostly caused by the localities' mismanagement.
Archives
SMC raises US$400 miilion from IPO
San Miguel Corporation announced that they were able to raise US$400 million from the Meralco stake sale
RetailMeNot prices IPO at US$21 per share
RetailMeNot priced its IPO at US$21 per share. The largest digital coupon marketplace in the world, RetailMeNot, announced the price of its shares that were up for grabs in its initial public offering.
Prepa set to establish pricing for bond deal
Puerto Rico's PREPA announced that they are set to announce the pricing for their mid-August bond deal.
Manchester-based consortium buys Woodall Nicholson
Woodall Nicholson stated that a group of three investors have acquired the coach-building company. Woodall Nicholson Group has been acquired by a partnership of three Manchester-based investors.
Latest News
Charter Communications is set to work with Goldham Sachs Group for the Time Warner bid. Charter Communications Inc. announced that they will be working with Goldman Sachs Group Inc for the Time Warner Cable Inc bid.
A new patent filing to the US patent office showed that Apple developed technology for wireless dashboards.
Rural/Metro Corp. stated that it was in a position that made them miss a critical bond payment, hinting at the company's financial troubles.
LG Display Co., Apple's screen display provider, announced today that it will expand its client base.
Balaji Wafers confirmed that they were open to selling a majority stake in the company. India's Balaji Wafers revealed that the 37 year old wafer maker was approached by international and local companies for a stake in their business.
Sales of the iPhone 5 are not doing well in India, losing to closest rival Samsung and local brands.
Petronas confirmed that they are in discussions with interested parties who could buy shares of Engen.
MedProperties Holdings and Equity Inc in a joint venture announced that they have acquired another health care real estate property in Cincinnati.
Verizon announced its activation figures on its iPhone 5 sales. Verizon, the largest mobile phone carrier in the United States, released activation figures which gave a rough estimate on how many iPhone 5 units were sold by Apple.
