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CORRECTED-NRG Energy to shut 352-MW oil-fired CT Norwalk plant by June 1
Reuters(Corrects that combustion turbine also runs on oil in second graph) HOUSTON, May 21 (Reuters) - NRG Energy said on Tuesday it will shut the 352-megawatt Norwalk Harbor power facility in Connecticut at the end of the month because of market conditions...Tags: NRG Energy Incorporated, Norwalk (Fairfield, Connecticut), Petroleum Industry
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PayPal to increase marketing this year for offline push
ReutersSAN FRANCISCO (Reuters) - PayPal, the online payment operation owned by eBay Inc, will increase marketing spending to support its push into physical stores, President David Marcus said on Tuesday. "You'll start seeing us amping marketing up later this...Tags: Electronics, PayPal, Inc., David Marcus, RadioShack Corporation, Consumers
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Greenwich Estate Has Highest Asking Price In The Country
The Hartford CourantGreenwich is known for its mammoth mansions, but now the tony Fairfield County enclave can claim another privilege of its affluence: the highest listing price of any home in the country. The owners of Copper Beech Farm are asking a whopping, $190 million...Tags: The Wall Street Journal, Fairfield County, Old Saybrook, Manhattan (New York City), Greenwich
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NBC Ad Sales Exec Marianne Gambelli Joins Horizon Media
VarietyMarianne Gambelli spent years trying to sell ads on NBC to sundry advertisers. Now she has moved to the other side of the haggling table. Independent ad-buying shop Horizon Media said it had hired Gambelli, who until recently was head of ad sales for the...Tags: Berkshire Hathaway Inc., Advertising, GEICO, NBCUniversal, NBC (tv network)
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BRIEF-Halliburton sees N.America rig count up 100-150 rigs over rest of 2013
ReutersMay 21 (Reuters) - Halliburton Co : * CFO says expects North America rig count to rise by 100-150 rigs over rest of 2013 * CFO says still sees pricing pressure in North America in Q2 * CFO says Mexico reducing rigs managed by oilfield service companies...Tags: Corporate Officers, Halliburton Company
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Activist investor wants Alere to explore $2.5 bln unit sale -sources
ReutersNEW YORK, May 21 (Reuters) - An activist investor in Alere Inc wants the health diagnostics and services company to explore a sale of its drug testing business, which it believes could fetch as much as $2.5 billion and help Alere pay down debt, two people...Tags: Medical Procedures and Tests, Substance Abuse
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Housing recovery boosts Home Depot results; outlook raised
Reuters(Reuters) - Home Depot Inc reported higher-than-expected quarterly results and raised its sales and profit outlook for the year on Tuesday as the world's largest home improvement chain benefited from a nascent recovery in the U.S. housing market. The...Tags: Home Improvement, Lowe's Companies Inc., The Home Depot, Thomson Corporation, Quarterly or Semiannual Financial Statements
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Yahoo's challenge to be building Tumblr's advertising business
SAN FRANCISCO — To punctuate his company's $1.1-billion purchase by Yahoo Inc., Tumblr co-founder and Chief Executive David Karp let loose in a blog post with a celebratory expletive. It was classic Karp, a 26-year-old high school dropout who...
Tags: Arts and Culture, Rentals, Advertising, Media Industry, Yahoo! Inc.
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Activist investor wants Alere to explore $2.5 billion unit sale: sources
ReutersNEW YORK (Reuters) - An activist investor in Alere Inc wants the health diagnostics and services company to explore a sale of its drug testing business, which it believes could fetch as much as $2.5 billion and help Alere pay down debt, two people...Tags: Laboratory Corporation of America Holdings, Health and Safety at Work, Mergers, Acquisitions and Takeovers, Medical Procedures and Tests, Companies and Corporations
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Payvia buys mobile marketing firm Mogreet
Mobile payments company Payvia Inc. has acquired Mogreet, a Venice mobile marketing start-up. The companies declined to disclose the financial terms of the deal. The Mogreet team will join Los Angeles company Payvia, and Mogreet founder and Chief...Tags: Online Media Industry, Consumers, Cox Media Group, Inc., Consumer Goods Industries, Business
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Ghana hopes to shield economy from African oil curse
Reuters* Economists cite risks of fiscal laxity, Dutch disease * Nigeria saw agricultural sector ravaged, corruption soar * Ghana wants to increase investment in cocoa sector * Ghana has strong democratic institutions, oil wealth funds By Matthew Mpoke...Tags: Religion and Belief, U.S. Congress, Africa, Ghana, Energy Resources
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FEATURE-In the Hamptons, catering to the rich (and their dogs) is good business
Reuters(Repeats with no changes to text) By Beth Pinsker EAST HAMPTON, New York, May 21 (Reuters) - Judging by early demand for everything from doggie daycare to Ferrari rentals and fine art, rich Americans are going to make this a strong summer in one of...Tags: Rentals, Condos and Houses, Guild Hall, Stock Market, Bellmore
May 21, 2013
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May 20, 2013
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May 21, 2013
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