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Venture capital bill stalls; dispute surfaces on whether biotech firms should be included
Milwaukee Journal SentinelA long-sought venture capital bill stalled Friday, with the head of the GOP-controlled Assembly putting off a planned Tuesday vote after two Republicans joined Democrats in committee to make unexpected changes to the proposal. Meanwhile, a new front...Tags: Research, Corporate Officers, Crime, Law and Justice, Companies and Corporations, Parties and Movements
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Domtar making capital investments
Messenger-Inquirer, Owensboro, Ky.Domtar Paper Co. will make a $20 million capital investment at its Hancock County paper mill that will secure 452 jobs and increase its market competitiveness, officials said Thursday. The company plans to spend $10 million on a barge unloading...Tags: Paper and Product Packaging Industry, Steve Beshear, Domtar Incorporated, Investment Service, Kinder Morgan Incorporated
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QC Supply coming to city
The Sedalia Democrat, Sedalia, Mo.Company officials predicted a bright future for Schuyler, Neb.-based QC Supply during Thursday's announcement that the company plans to open a distribution center in Sedalia. The announcement ceremony, held in the offices of Economic Development...Tags: Agriculture
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COLUMN-Tennessee Valley Authority to remain publicly owned: Kemp
ReutersBy John Kemp LONDON, May 10 (Reuters) - For free-market purists, the Tennessee Valley Authority (TVA) is a monstrous hybrid - part giant electric producer, part government agency. The Obama administration has announced a strategic review that could...Tags: Floods, Crime, Law and Justice, Tennessee Valley Authority, Lamar Alexander, Investment Service
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Rocla teams with investment firm
The Pueblo Chieftain, Colo.Rocla Concrete Tie on Thursday announced its sale to Altus Capital Partners, an investment firm that focuses on small and medium-sized manufacturing companies. Rocla, which last year built and opened a 100worker plant in Pueblo to replace one in Denver,...Tags: Lincolnshire, Companies and Corporations, Transportation, Travel, Economy, Business and Finance
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Philip Falcone, firm agree to pay $18 million in fraud case
Star TribunePhilip Falcone, the onetime Chisholm rink rat who became a billionaire hedge fund manager, has agreed along with his firm to pay $18 million to settle a year-old fraud lawsuit accusing Falcone of using other people's money to pay his personal taxes and...Tags: Trials, Analysts' Comments, Newspaper and Magazine, Finance, Companies and Corporations
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KiOR continues Natchez investment
The Natchez Democrat, Miss.KiOR had $4.8 million in capital investments in the first quarter of 2013, most of which company officials said was related to engineering and design of the company's Adams County project. Company officials spoke about progress at their Columbus...Tags: Technology, Corporate Officers, Engineering, Science and Technology, Companies and Corporations
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Tighter cross-border relationship seen as key to business growth
The Brownsville Herald, Texas"Strength in numbers" is the basic concept behind the push for a Bi-National Economic Development zone encompassing Brownsville and Matamoros, one of the strategic initiatives of United Brownsville and the subject of a May 3 workshop at the University...Tags: Agriculture, Federal Reserve, Woodrow Wilson, Economic Policy, Brownsville
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Advisory firm Sontag stops taking fees from Schwab and Fidelity
ReutersBy Jed Horowitz NEW YORK, May 9 (Reuters) - Sontag Advisory, which oversees $3.6 billion of investments for wealthy families and individuals, has reversed its policy of accepting payments from Charles Schwab Corp and Fidelity Investments for recommending...Tags: TD Ameritrade Holdings Corp., Analysts' Comments, Finance, Charles Schwab, Economy, Business and Finance
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Stifel's first-quarter profit hit by merger-related charges
ReutersMay 9 (Reuters) - Stifel Financial Corp said on Thursday its profit during the first quarter was hit by merger-related charges from its acquisition of smaller rival KBW Inc, but pointed to the strong performance of its wealth management division. The St....Tags: Stifel Financial Corporation, Earnings Forecasts, Business Enterprises, Investment Service, Finance
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Developers buy Rhythm & Hues' ex-headquarters in El Segundo
The former El Segundo headquarters of the visual effects studio Rhythm & Hues has been sold for $25 million to real estate developers who plan to upgrade it and turn it into an office campus for creative firms. Rhythm & Hues was acquired in March in a...
Tags: Real Estate, Financially Distressed Companies, Defense Equipment, Services and Shopping, Real Estate Buyers
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Ares Management to buy real estate investor AREA Property -WSJ
ReutersMay 9 (Reuters) - Investment firm Ares Management will acquire AREA Property Partners, gaining the New York-based real estate investor's $6 billion in assets, the Wall Street Journal reported, citing people briefed on the matter. Terms of the transaction...Tags: Real Estate, Realty, National Australia Bank Limited, Newspaper and Magazine, Services and Shopping
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May 10, 2013
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May 9, 2013
|Story| Reuters
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May 9, 2013
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