(Corrects last bullet point to say DB raised, not cut PT) ** US listed shares of Alcatel Lucent surge 5 pct on reports strategic partnership finalized with Thales .** Street.com reports midday telecom equipment maker completes cybersecurity services business sale to Thales for "undisclosed amount."** Stock closed $3.15 on 2x average 30-day volume.** Alcatel disclosed in May exclusive talks to sell network security unit to defense electronics group Thales** U.S listed shares, down 32 pct this Read more [...]

Expensive Listings Highest-priced historical listings for Southeast Tennessee and Northwest Georgia: * $10 million: A three-story home, built in 2008, with about 22,000 square feet on 3 acres at 8843 Forest Creek Lane, Ooltewah, listed for sale in October. The home was also for sale in 2010 for $9.8 million. * $6.5 million: Castle in the Clouds, with 53,000 square feet and on 220 acres was listed for sale three times in 2006 and 2007. The listings for the Cloudland, Read more [...]

Expensive Listings Highest-priced historical listings for Southeast Tennessee and Northwest Georgia: * $10 million: A three-story home, built in 2008, with about 22,000 square feet on 3 acres at 8843 Forest Creek Lane, Ooltewah, listed for sale in October. The home was also for sale in 2010 for $9.8 million. * $6.5 million: Castle in the Clouds, Read more [...]

The Spire company is presently headquartered at 65 Bay Street in Savin Hill. The property is listed for sale this week on a commercial real estate website. Yet another development could be on the horizon in Savin Hill. The Spire building at 65 Bay Street, adjacent to Savin Hill MBTA station, is on the market for $13.9 million. The parcel was listed online this week as an “ideal redevelopment Read more [...]

The Prince of Wales Hotel in St Kilda has become the latest landmark live music venue to be put up for sale in Melbourne, raising further questions about the protection of the city’s cultural heritage. The four-storey St Kilda venue has been listed as having “immediate development potential with approved plans and permits for four additional levels of premium residential accommodation”. The property, which is expected to fetch upwards of $25m, comprises a restaurant, a Read more [...]

DANBURY -- For less than $10 million, local investors could pick up a rare find, an industrial property along Danbury Municipal Airport with deeded runway rights. The property is dominated by a 36,000-square-foot building constructed about 10 years ago as the home for Highcroft Racing. With the racing business no longer in operation, the building's owners have put the property up for sale. No expense, it appears, was spared when constructing the building, which, for automotive Read more [...]

The village was originally a twine mill, and comes complete with a general
store, a restaurant and a wedding chapel.

A portfolio of 19 Wendy's restaurants in North Carolina and Virginia — the bulk of which are located in the Triad — is on the market with an asking price of $48 million. 15 photos Catherine Read more [...]

South Africa would consider selling stakes in publicly traded companies, including those held indirectly through Industrial Development Corp., to bolster the finances of power utility Eskom Holdings SOC Ltd. The government said last week in its mid-term budget it would provide Eskom with 20 billion rand ($1.8 billion) through the sale of non-strategic assets. Many of those, including a stake in Sasol Ltd. (SOL), the world’s biggest maker of motor fuel from coal, are held via state-owned IDC. Read more [...]

By Elizabeth Dinan
edinan@seacoastonline.com


Posted Oct. 25, 2014 @ 2:00 am