Business News»

Facebook prices IPO at $38 per share

Facebook prices IPO at $38 per share

May 18, 2012 6:34 am
Facebook (NASDAQ: FB) announced that it has priced its initial public offering of 421,233,615 shares of its common stock at $38 per share. The shares are expected to...

Personal Finance»

Carlile Bancshares agrees to acquire Washington Investment, subsidiary

Carlile Bancshares agrees to acquire Washington Investment, subsidiary

May 18, 2012 4:57 pm
Carlile Bancshares Inc. has agreed to acquire Washington Investment Co. and its Colorado Community Bank subsidiary. Financial terms of the deal were not disclosed. Jerry Bryant,...

Investing»

Facebook prices IPO at $38 per share

Facebook prices IPO at $38 per share

May 18, 2012 6:34 am
Facebook (NASDAQ: FB) announced that it has priced its initial public offering of 421,233,615 shares of its common stock at $38 per share. The shares are expected to begin...

Real Estate»

Pure Industrial Real Estate Trust to acquire fully leased industrial property for $8.1M

Pure Industrial Real Estate Trust to acquire fully leased industrial property for $8.1M

May 18, 2012 4:53 pm
On May 17, 2012, Pure Industrial Real Estate Trust announced that it has entered into an agreement to acquire a fully leased multi-tenant, income producing industrial property...

Recent Articles

Carlile Bancshares agrees to acquire Washington Investment, subsidiary

Carlile Bancshares agrees to acquire Washington Investment, subsidiary

Carlile Bancshares Inc. has agreed to acquire Washington Investment Co. and its Colorado Community Bank subsidiary. Financial terms of the deal were not disclosed. Jerry Bryant, Washington Investment chairman and CEO, will be retiring to care for his wife; however, will remain involved during the transition period. Patrick Lynch will remain Colorado Community Bank president. [...]

Pure Industrial Real Estate Trust to acquire fully leased industrial property for $8.1M

Pure Industrial Real Estate Trust to acquire fully leased industrial property for $8.1M

On May 17, 2012, Pure Industrial Real Estate Trust announced that it has entered into an agreement to acquire a fully leased multi-tenant, income producing industrial property for a total purchase price of $8.1 million. The property, located in Winnipeg, Manitoba, has a total rentable area of 108,238 square feet. It is 100% leased to [...]

Facebook prices IPO at $38 per share

Facebook prices IPO at $38 per share

Facebook (NASDAQ: FB) announced that it has priced its initial public offering of 421,233,615 shares of its common stock at $38 per share. The shares are expected to begin trading on the NASDAQ Global Select Market on May 18, 2012, under the symbol FB. Facebook is offering 180,000,000 shares of class A common stock and [...]

BP Wind, Sempra U.S. Gas & Power to develop 21-MW Hawaii wind farm

BP Wind, Sempra U.S. Gas & Power to develop 21-MW Hawaii wind farm

Sempra U.S. Gas & Power and BP Wind Energy announced that they plan to jointly develop the Auwahi Wind farm in Hawaii. Located in southeastern Maui, the 21-MW wind farm will utilize eight Siemens wind turbines to generate enough renewable power for approximately 10,000 average Maui homes. Initial construction activities are underway and full mobilization [...]

Unitil completes common stock offering

Unitil completes common stock offering

Unitil Corp. said that it has closed its public offering of 2,760,000 shares of common stock at $25.25 per share. The offering includes 360,000 of the company’s common stock shares pursuant to the underwriters’ option to purchase additional shares of common stock. Total net proceeds of about $65.6 million will be used to make equity [...]

Northern Oil and Gas prices, upsizes senior notes offering

Northern Oil and Gas prices, upsizes senior notes offering

Northern Oil and Gas Inc. announced that it has upsized and priced its private offering to eligible purchasers of 8.0% senior notes due 2020 at an offering price equal to 100% of par. The offering of the notes has been upsized from $250 million to $300 million amount. The company intends to use the net [...]

Global Payout introduces international debit card

Global Payout introduces international debit card

On May 15, 2012, Global Payout Inc. announced that it has signed an agreement with Boundless Payment Solutions Inc., (BPS) to issue international debit cards to foreign residents. Through BPS’ direct bank relationships, Global Payout has launched a prepaid debit MasterCard with Cirrus/Maestro that can be issued to residents of most international countries. The prepaid [...]

MAA acquires Allure in Buckhead Village

MAA acquires Allure in Buckhead Village

On May 14, 2012, MAA (NYSE: MAA), a real estate investment trust, announced that it has completed the acquisition of Allure in Buckhead Village, a 230-unit mid-rise multi-family apartment community located in Atlanta, Georgia. Allure in Buckhead Village, which was developed in 2002 by Trammell Crow Residential, is located in the desirable Buckhead sub-market of [...]

Starwood Property Trust announces $238M of capital commitments

Starwood Property Trust announces $238M of capital commitments

On May 14, 2012, Starwood Property Trust (NYSE: STWD) announced that it is co-originating a $238 million financing package. The financing package includes a $125 million first mortgage loan, a $40 million senior mezzanine loan, and a $73 million junior mezzanine loan, which loan is the portion funded by Starwood Property Trust and is composed [...]

Western Digital completes divestiture Toshiba’s assets

Western Digital completes divestiture Toshiba’s assets

On May 15, 2012, Western Digital Corp. (NYSE: WDC) announced that it has completed its divestiture of certain 3.5-inch hard drive assets to Toshiba Corp. as required by regulatory agencies that conditionally approved the company’s completed acquisition of Viviti Technologies Ltd. The assets will enable Toshiba to manufacture and sell 3.5-inch hard drives for the [...]