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Home Prices in 20 Major U.S. Cities Rose in October by The Most in 20 Years
Jan 2, 2014Home prices in 20 major U.S. cities rose in October by the most in 20 years, according to Standard & Poor's. S&P's Case-Shiller index said property prices rose 13.6% from October 2012 in the 20 cities, the most since February 2006, after ...
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Tolls on The Pennsylvania Turnpike Will Increase Jan. 5 by 2%
Jan 2, 2014Tom Biery/Trans Pixs Tolls on the Pennsylvania Turnpike will increase Jan. 5 by 2% for those paying with E-ZPass and by 12% for those paying cash. The annual increase means that the toll to run the 356 miles of highway that stretches ...
Tags: Pennsylvania Turnpike, E-ZPass, Tolls
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Carlyle Group Has Invested $55.2 Million in Connection with YRC Worldwide Inc.'s Recently
Jan 2, 2014Carlyle Group Inc. said it has invested $55.2 million in connection with YRC Worldwide Inc.'s recently announced agreement to reduce its debt load. The investment company, one of the carrier's five largest investors, disclosed that it has ...
Tags: Carlyle Group, YRC Worldwide, investment, debt agreement
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The Average U.S. Retail Diesel Price Rose 3 Cents to End The Year at $3.903 a Gallon
Jan 2, 2014Tom Biery/Trans Pixs The average U.S. retail diesel price rose 3 cents to end the year at $3.903 a gallon, the Department of Energy reported Dec. 30. The increase followed a 0.2-cent uptick in the previous week and left diesel 1.5 cents ...
Tags: US, retail diesel price, gasoline price
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Vitran Corp. Has Terminated Its Agreement with Manitoulin Transport
Jan 2, 2014Vitran Corp. has terminated its agreement with Manitoulin Transport and will instead be acquired by TransForce. TransForce offered $6.50 per share on Dec. 20, which Vitran said constituted a “superior offer” to the deal it ...
Tags: Vitran, Manitoulin Transport, TransForce, acquisition
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Kamloops Will Be Home to a New Parts and Distribution Centre for Fleet Brake
Jan 2, 2014Kamloops, British Columbia will be home to a new parts and distribution centre for Fleet Brake. The new Fleet Brake facility is scheduled to open in February 2014. "We are excited to expand product and service to our legacy mining, ...
Tags: Kamloops, British Columbia, Fleet Brake, distribution centre
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The Territory Could Be The Next to See Major Growth in The Toy Space, Says NPD
Jan 2, 2014Tastes, spend and buying habits in the region, suggest that toy firms should be looking to it as a source of potential revenue growth. New research by NPD on Russia suggests that the territory could be the next to see major growth in the ...
Tags: NPD, Russia, toy, Frédérique Tutt, toys global industry analyst
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Sofa Giant CSL Has Completed a Wholesale Rebrand
Jan 2, 2014Sofa giant CSL has completed a wholesale rebrand as it revealed it is on target to reach sales of £100m for the first time. By Christmas all 26 of the firm's stores will be operating as Sofaworks as part of the family-owned retailer's ...
Tags: Sofa, Furniture, Furnishing
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Max Petroleum Reports Successful Drilling Results of an Appraisal Well in Sagiz West Field
Jan 2, 2014Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce successful drilling results of an appraisal well in Sagiz West Field. The SAGW-8 appraisal well in the Sagiz West field has ...
Tags: Max Petroleum Plc, Kazakhstan, appraisal well, Sagiz West Field
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KBR Was Awarded a Contract by BP Exploration
Jan 2, 2014KBR (NYSE: KBR) today announced that it was awarded a contract by BP Exploration (Shah Deniz) Limited to provide detailed engineering and procurement support services for the Shah Deniz Stage 2 Project located in the Azerbaijan sector of ...
Tags: KBR, BP Exploration, Shah Deniz Stage 2 Project, Shah Deniz
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Fluor Corporation Was Selected by Kuwait Oil Company
Jan 2, 2014Fluor Corporation today announced that it was selected by Kuwait Oil Company (KOC), a subsidiary of Kuwait Petroleum Corporation (KPC), to provide comprehensive consulting services, specializing in front-end design and project and ...
Tags: Fluor Corporation, Kuwait Oil Company, Middle East projects
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Accusoft Will Bring a Host of Advanced Imaging Products Including a ThinPic Shrinker
Jan 2, 2014Accusoft (LVH booth 46006) will bring a host of advanced imaging products including a ThinPic file shrinking mobile app to PMA@CES 2014 Jan. 7-10. The company is also showing its PICTools Photo, rapid photo compression SDK; and a broad ...
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Lehmann Is Leaving JVC Kenwood and Will Not Represent The Company at International CES
Jan 2, 2014Keith Lehmann, who oversees the Kenwood and JVC car audio brands, is leaving JVC Kenwood and will not represent the company at International CES, company sources confirmed. Kenwood sales VP David Hoag will take over Lehmann's position as ...
Tags: Keith Lehmann, JVC Kenwood, senior VP of JVC Mobile Entertainment
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Vitran Corp Has Agreed to Be Acquired by TransForce Inc.
Jan 2, 2014Russ MacNeil Less-than-truckload carrier Vitran Corp. said it has agreed to be acquired by TransForce Inc., which outbid Manitoulin Transport Inc. for Vitran's Canadian assets. Vitran's which sold its U.S. LTL business in October, had ...
Tags: Vitran, TransForce, acquisition
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Aerovox Corp. Is Encouraging The Usage of Dual-Level HID Lighting in Parking
Jan 2, 2014Aerovox Corp. is encouraging use of dual-level (bi-level) HID lighting in parking and other exterior applications as well as indoor warehousing to enhance performance and reduce energy consumption. HID lighting systems are a significant ...
Tags: Electrical, Electronics, HID Lighting, Capacitors
