Digital Realty Trust purchases two data centers - San Francisco Business Journal
Digital Realty Trust Inc. bought a data center in Sunnyvale and purchased out a joint venture partner in another center in Santa Clara. The total price for both deals was $44.3 million. The San Francisco business (NYSE: DLR) owns, develops and operates

High-end storage facility to open in downtown St. Petersburg despite - St. Petersburg Times
Despite a market swimming in unsold luxury condos, downtown St. Petersburg is getting a new high-end storage facility for prospective buyers to stash what won’t fit in their downsized lifestyle. The self-styled Nordstrom of the self-storage industry

Jackson real estate market halved - Idaho8.com
JACKSON, Wyo. (AP) - Real estate sales in the Jackson Hole area are off by half in terms of volume and value sold over the last year. According to an accounting by Courtney Campbell of Art Hazen Real Estate the number of sales in the last 12 months

Bipartisan Senate effort afoot to curb mortgage scams - Newsday
WASHINGTON - A bipartisan push is under way in the Senate to spend more money to stop mortgage scams. Sens. Charles Schumer (D-N.Y.) and Jon Kyl (R-Ariz.) proposed legislation Tuesday that would award up to $200 million to state and local prosecutors

Extra Space Storage Inc. Amends Joint Venture Agreement With Harrison - PR Inside
or the “Company”) (NYSE: EXR) announced today that it has amended the terms of its previously announced joint venture (the “JV”) with an affiliate of Harrison Street Real Estate Capital, LLC (”HSRE”). Under the amended terms, HSRE will contribute

First Industrial to eliminate 46 positions - CNBC
CHICAGO - First Industrial Realty Trust Inc. stated Tuesday that it will cut 46 positions while closing its offices in Toronto, Calgary, Salt Lake City and Irvine, Calif. The Chicago-based industrial real estate investment trust firm said the actions

Equity Residential Announces Creation of ATM Share Offering Program - Forbes
BusinessWire - Equity Residential (NYSE: EQR), this day announced that the company has created an At-The-Market (ATM) share offering program through which it could sell up to 17 million common shares. The shares would be offered through BofA Merrill

Neuberger Berman Real Estate Securities Income Fund Announces Monthly - MSN Money
The Board of Directors of Neuberger Berman Real Estate Securities Income Fund Inc. (the “Fund”), which trades on the American Stock Exchange under ticker symbol NRO, has declared a monthly distribution of $0.02 per share. The distribution

Can RT Brokerage Services’ Consumer-Choice Real Estate Model Beat the - Market Wire
SEATTLE, WA–(Marketwire - September 30, 2009) - For years everyone has read or heard someone complain about the high costs of real estate agent commissions, but are consumers really prepared to pay the actual cost of an agent’s services? That’s

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Filed under: Deals, Rumors, Competitive strategy, Marketing and advertising

Shares of Sina Corporation (NASDAQ: SINA) soared to a new 52-week high Monday following news that the Chinese media giant’s deal to purchase assets of Focus Media Holding Limited (NASDAQ: FMCN) likely had fallen through. Rumors had swirled for weeks suggesting that the deal might not be completed.

Sina was set to acquire a portion of Focus Media’s business that places advertising in malls, airports, office buildings and other places for $1.66 billion. The agreement is set to expire Wednesday, Sept. 30, without approval from the Chinese Ministry of Commerce. The government reportedly didn’t respond to repeated requests for approval. Both companies stated Monday in a joint statement that they wouldn’t extend a deadline for closing the transaction.

Continue reading Sina soars as deal with Focus Media falls apart

Sina soars as deal with Focus Media falls apart originally appeared on BloggingStocks on Mon, 28 Sep 2009 18:30:00 EST. Please see our terms for use of feeds.

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Oil & Gas Industry Deals Analysis August 2009 - new market analysis - PR Inside
www.companiesandmarkets.com/Summary-Market-Report/oil-gas-indust .. The “”Oil & Gas Industry Deals Analysis August 2009″” report is an essential source of data and trend analysis on the mergers and acquisitions and financings in the oil and gas

Indonesia’s pharmaceuticals and healthcare industry report from - News-Medical.Net
Research and Markets ( http://www.researchandmarkets.com/research/446d65/indonesia_pharmace ) has announced the addition of the “Indonesia Pharmaceuticals and Healthcare Report Q4 2009″ report to their offering. This Indonesia Pharmaceuticals and

Nigeria s New Petroleum Industry Bill: A Move to Revive the Domestic - PR Inside
www.companiesandmarkets.com/Summary-Market-Report/nigeria-s-new- .. Nigeria s proposed Petroleum Industry Bill is expected to revive the entire oil and gas industry in the country. Considering the importance of Nigeria in the global oil and gas

Reportlinker Adds Global Shipbuilding and Repair Industry - Earthtimes
The global outlook series on Shipbuilding and Repair Industry provides a collection of statistical anecdotes, market briefs, and concise summaries of research findings. The report offers a bird’s eye view of the industry, highlights latest market

Reportlinker Adds Global Desktop Publishing Industry - PR Inside
The global outlook series on Desktop Publishing provides a collection of statistical findings, market briefs, and concise summaries of research findings. The report provides a bird’s eye view of the industry’s landscape, and helps trace the

LA Harbor Plan Mixes Leisure With Industry - WSB-TV Atlanta
LOS ANGELES — The hulking container ships that ply the Port of Los Angeles already provide Southern California with a major source of revenue. Soon they could also provide the scenery for what port officials hope will be the region’s newest tourist

Group predicts slight rise in holiday sales - Biloxi Sun Herald
CHICAGO — A retail-industry report released Monday predicts holiday sales will gain by about 1 percent or slightly higher, marking one of the first positive holiday forecasts so far this year. The International Council of Shopping Centers, a New

Ex-Moody’s employee warned SEC about muni issues - Yahoo News
WASHINGTON – As Congress steps up scrutiny of the credit rating industry, allegations by another former employee of Moody’s Investors Service have come to light and the big rating agency is being called to account before a Home panel. A former

Students to learn about construction industry - Sun and Press
About 700 students from around the Broome-Tioga region and northern Pennsylvania will attend a daylong event Oct. 7 to learn firsthand what awaits them in the construction career field. The Southern Tier Construction Career Day will be held from 8:30

InfoMentis Joins the Dealmaker Partner Network - Consumer Electronics Net
InfoMentis, Inc ., the global leader in revenue through collaboration announced this day their role as a founding Solution Partner in the Dealmaker Partner Network (DPN). The DPN is an industry initiative to dramatically improve the benefit customers

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CIT Group Reportedly Readies To Hand Over Control To Bondholders - RTT News
(RTTNews) - Troubled commercial lender CIT Group, Inc. (CIT: News ), which is trying to avert bankruptcy, on Tuesday is reportedly closing in on a plan to hand over control of the company to bondholders through a sweeping exchange offer. The company

Supports campaign finance reform - Bellingham Herald
I believe American people are being robbed. We are entitled to health care as good as the other industrialized countries. We’re paying for it, but health dollars are being used as profits for insurance companies, medical device makers and others who

Public plan goes down in Senate Finance Committee - Charleston Daily Mail
Although Sen. Jay Rockefeller’s plan to create a new government-run insurance bureau failed in the Senate on Tuesday, he said he is now more optimistic about Congress’ efforts to reform the nation’s health care system. The senator said there’s now

Democratic Fundraiser Hsu Sentenced to 24 Years in Prison - FOX News
NEW YORK — Former Democratic fundraiser Norman Hsu was sentenced to more than 24 years in prison Tuesday by a judge who accused him of funding his fraud with a “conniving use of the political process.” U.S. District Judge Victor Marrero sentenced

Senate Finance panel rejects government insurance option - Statesman Journal
WASHINGTON — Liberal Democrats failed Tuesday to inject a government-run insurance option into sweeping health care legislation taking shape in the Senate Finance Committee, despite widespread accusations that private insurers routinely deny

Campaign finance lawyer helps Pawlenty - Minneapolis Star Tribune
Gov. Tim Pawlenty hasn’t declared himself a candidate for president, but he’s already getting the kind of help a candidate needs. Michael Toner, a former chairman of the Federal Election Commission (FEC) and legal advisor to former President George W

USEC sheds 1,000 jobs at American Centrifuge Plant - Washington Business Journal
USEC withdraws forecast after reporting higher sales, profits American Centrifuge Plant on hold in Piketon USEC project in Piketon hits financing wall USEC loan guarantee application rejected; shares plunge USEC gets $1.2B order for uranium plant

Public Health Option Goes Down in Senate Finance Committee - KOLO Television Reno
WASHINGTON (AP) - The Senate Finance Committee has voted against creating a new government health insurance plan to compete with the private market. The 15-to-8 vote could forecast the fate of the public option in the Senate as a whole. The outcome

Losers Upbeat After Finance Markup - Roll Call On the web
Shrugging off twin defeats Tuesday in the Senate Finance Committee, key Democrats stated they were exactly where they wanted to be in pressing for a public insurance option in the final version of a health care reform bill

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Filed under: Good news, Housing, Recession

A little more good news for the struggling housing market Tuesday, as a closely watched home price index showed increases in prices for the third straight month in July.

The news comes from the Standard & Poor’s/Case-Shiller home price index, which shows that home prices rose by 1.2% from June to July.

Continue reading Home prices move a bit higher

Home prices move a bit higher originally appeared on BloggingStocks on Tue, 29 Sep 2009 11:40:00 EST. Please see our terms for use of feeds.

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Filed under: Venture capital industry, Investments, Private equity

California start-up Fisker Automotive has received a $529 million loan from the U.S. to try to build a hybrid sports car in Finland.

$529 million of your money. To build a sports car. In Finland.

News of the Fisker loan comes amid questions about the controversial $465 million taxpayer loan to Tesla at a time when the Silicon Valley-based electric car start-up has already raised over $200 million in private venture capital from prestigious VC’s like Draper Fisher Jurvetson, cash-rich companies like Google (NASDAQ: GOOG), and the likes of JPMorgan Chase (NYSE: JPM).

“This isn’t for average Americans,” Leslie Paige, a spokeswoman for Citizens Against Government Waste, told The Wall Street Journal (subscription required) last week. “This is for people to put something in their driveway that is a conversation piece. It’s status-symbol thing.”

Of course, there’s no evidence of corruption or self-dealing in this matter. By all accounts, the money was doled out fairly. And in Fisker’s defense, it says that most of the money will be used to finance the production of a $40,000 sedan that hasn’t been designed yet.

But still — huh? Why did we just give a start-up $529 million to build something that they haven’t designed yet? Can I’ve $529 million for the AIDS cure I haven’t discovered yet?

It’s all very confusing. Still, Fisker did announce last week that it expects to report a profit in 2011, when it estimates it will sell 15,000 units of its Karma vehicle — a luxury sedan that will cost $87,900.

Of course, to butcher a line from the Roman poet Catullus, the forward-looking predictions of profitability from CEOs of starts-ups should be written in the wind and running water.

$529 million of our money to build a hybrid sports automobile in Finland? originally appeared on BloggingBuyouts on Tue, 29 Sep 2009 12:10:00 EST . Please see our terms for use of feeds.

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Filed under: Microsoft (MSFT), Sony Corp ADR (SNE), Activision Inc (ATVI), Nintendo (NTDOY)

September is drawing to a close. What does this signify? Well, one of my favorite times of the year, Halloween, will soon be upon us. Even more than that, holiday shopping is about to begin in earnest. Is your portfolio ready?

I’ve been checking around for investments in the retail sector. Problem is, so many of them have already had significant run-ups. However, even with these higher stock prices, the sector still might be an interesting one to look at since it’s possible that Christmas could turn out okay. A post on DailyFinance discusses a report from the International Council of Shopping Centers, which basically states that numbers from this holiday season should see an improvement over last year’s data.

Continue reading GameStop: Trade idea?

GameStop: Trade idea? originally appeared on BloggingStocks on Tue, 29 Sep 2009 08:30:00 EST. Please see our terms for use of feeds.

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Filed under: Products and services, Google (GOOG), AT and T (T)

The infighting between AT&T Inc. (NYSE: T) and Google Inc. (NASDAQ: GOOG) just continues to get nastier as the line that constitutes a telecommunications provider continues to break down. Back when Google’e “Google Voice” application was not approved for use on the Apple, Inc. (NASDAQ: AAPL) iPhone this summer, the game began.

Continue reading AT&T, Google still waging battle over Google Voice on the iPhone

AT&T, Google still waging battle over Google Voice on the iPhone originally appeared on BloggingStocks on Mon, 28 Sep 2009 15:20:00 EST. Please see our terms for use of feeds.

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IT Distribution Industry Organization Sees Sales Stabilization - MSN Money
GTDC SUMMIT — The IT distribution industry is preparing to capitalize on increasing sales opportunities in the U.S. and Europe, according to the Global Technology Distribution Council ( www.gtdc.org ), which completed its 8th annual Vendor Summit

Democrats State Older People Should Not Pay More for Health Insurance - CNS News
Washington (AP) - Old people get sick more than young people, and in most says that adds up to them paying a lot more for their health insurance premiums. President Barack Obama and congressional Democrats want to restrict that practice as part of

Rogue Pressure Services Unveils First ‘Pink Rig’ in the Gas and Oil - Market Wire
GRAND JUNCTION, CO–(Marketwire - September 29, 2009) - If you’re seeing pink where you wouldn’t normally expect in the Western states, you’re not color blind. A Colorado-based company has built the Pink Rig, a hydraulic workover unit with snubbing

Release Polanski, demands petition by film industry luminaries - The Guardian
Chorus of disapproval … a man wears a ‘Free Polanski’ sign on his shirt at the Zurich film festival. Photograph: Sebastien Bozon/AFP/Getty Images “Film-makers in France, in Europe, in the United Says and around the world are dismayed by this

Poor industry communication hobbles growth of behavioural targeting - New Media Age
A lack of education across the ad industry is the primary reason for the poor adoption of behavioural targeting, according to industry experts such as ad bureau Lean Mean Fighting Machine and mobile operator 3. Speaking at today’s Behavioural

Public plan debate to take center stage as Senate Finance goes back to - Minneapolis Star Tribune
WASHINGTON - Democrats sought to give government the right to sell insurance in competition with private industry Tuesday as the Senate Finance Committee opened a second week of debate over massive health care legislation. “We need this option

Gone fishin’: Local industry recruiters land some, lose some huge - Recommend Messenger
Editor’s Note: This is the third installment of a four-part series that looks at Danville’s gains and losses in industrial recruitment over the past decade. Recruiting industry often is compared to fishing. You convince an industry to come, and

Jim Willse, longtime editor of NJ’s Star-Ledger of Newark, retiring - Daily Press
NEWARK, N.J. (AP) — The longtime newsroom leader of The Star-Ledger of Newark is retiring after a 15-year run in which he led New Jersey ’s largest newspaper to two Pulitzer prizes before the industry’s financial woes forced him to cut staff. Jim

LA Harbor Plan Mixes Leisure With Industry - WSB-TV Atlanta
LOS ANGELES — The hulking container ships that ply the Port of Los Angeles already provide Southern California with a major source of revenue. Soon they could also provide the scenery for what port officials hope will be the region’s newest tourist

CARTES & IDentification: “Smart Security” Industry Withstands Crisis - CNBC
PARIS, Sep 29, 2009 (BUSINESS WIRE) — With nearly 7 billion smart cards in use, the industry’s activity remains linked mainly to profound global changes in fashion and lifestyle, which are almost impervious to the crisis. This will be the message

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Filed under: Yahoo! (YHOO), Marketing and advertising

Yahoo! Inc. (NASDAQ: YHOO) will be spending $100 million to market its new … nothing. The internet pioneer who wants out of the tech biz and solely into the media biz (sounds like the Terry Semel days) will spend that sum over the next 15 months to gain new customers to its plethora of web properties and keep them there as long as possible (and charger advertisers appropriately).

What is new about this? From initial review, nothing. Yahoo! has always wanted to gain customers to its extensive world wide web collection and keep them there. What’s so compelling a change that it’s worth $100 million? So far, nothing this writer can determine. Just using Microsoft Corp.’s (NASDAQ: MSFT) Bing search services across all its properties is surely not a compelling reason.

Continue reading Yahoo! to spend $100 million on new ad campaign — and crosses fingers

Yahoo! to spend $100 million on new ad campaign — and crosses fingers originally appeared on BloggingStocks on Fri, 25 Sep 2009 16:30:00 EST. Please see our terms for use of feeds.

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