Oil Group Gulf Keystone To Signal Sale Talks

By Mark Kleinman, City Editor One of London's most controversial listed companies will effectively put itself in play on Wednesday by disclosing initial takeover discussions with potential buyers. Sky News can reveal that Gulf Keystone Petroleum is poised to say that its board is considering a sale or merger amid protracted talks with the Kurdistan Regional Government (KRG) Read more [...]

U.S. home sales plunged 4.9% in January

WASHINGTON – U.S. home sales hit a snow drift in January, plunging to the slowest pace in nine months. The National Association of Realtors said Monday that sales of existing homes tumbled 4.9 percent last month to a seasonally adjusted annual rate of 4.82 million. That brings sales down to their lowest level since April 2014. Relatively low mortgage rates and steady job growth have yet to spur more activity from buyers and sellers, raising the possibility of Read more [...]

Finmeccanica to announce rail assets sale as soon as Tuesday: source

LONDON/MILAN (Reuters) - Italian industrial conglomerate Finmeccanica (SIFI.MI) is set to announce the sale of its shares in rail and signaling units AnsaldoBreda and Ansaldo STS (STS.MI) to Japan's Hitachi (6501.T) as soon as Tuesday, a source close to the matter said on Monday. The deal, which would thwart a rival offer from China's Insgima Group, is poised to be signed in the next 12 hours after receiving the green light at a board meeting on Friday, the source said.Spokesmen at Finmeccanica Read more [...]

Winter Takes Its Toll: Home Sales Plunge 4.9% in January

Chuck Burton/APBy JOSH BOAK WASHINGTON -- U.S. home sales hit a snow drift in January, plunging to the slowest pace in nine months. The National Association of Realtors said Monday that sales of existing homes tumbled 4.9 percent last month to a seasonally adjusted annual rate of 4.82 million. That brings sales down to their lowest level since April 2014. Relatively low mortgage rates and steady job growth have yet to spur more activity from buyers and sellers, raising the possibility of either a Read more [...]

US home sales plunge 4.9 per cent in January

WASHINGTON: US home sales struck a snow drift in January, plunging to the slowest pace in nine months. The National Association of Realtors said Monday that sales of existing homes tumbled 4.9 per cent last month to a seasonally adjusted annual rate of 4.82 million. That brings sales down to their lowest level since April 2014. Relatively low mortgage rates and steady job growth have yet to spur more activity from buyers and sellers, raising the possibility of either a spring sales rush or a second Read more [...]

Lisa Marie Varon’s Squared Circle Restaurant Listed For Sale, Note On Possible …

Note on Wrestlemania 31 Match According to the Wrestling Observer Newsletter, if the rumored/hinted Bray Wyatt versus Undertaker match does take place at Wrestlemania 31, it would be placed later on the card.  The reason for this is if WWE wants to use Undertaker and Wyatt’s traditional entrances, they would need to do it after the sun sets on the west coast. Because of the time difference, much of the Wrestlemania 31 show will take place during daylight; the sunset Read more [...]

Two major residential developments listed for sale in Kent County

Two new major mixed-use residential developments are coming to Kent County. Homestead is a 182-acre site in Milford. Spring Hall is a 238-acre site in Frederica. NAI Emory Hill’s Jon Hickey of the New Castle office and Ann Bailey of the Lewes office will be representing the landowner of the two developments which were just listed for sale. “These two developments will literally change the face of Kent County,” said Hickey. Homestead’s site plan includes provisions for 1,057 residential units Read more [...]