January 30, 1998 |
Earle M. Jorgensen Holding Co. said it sold its United Kingdom unit, Earle M. Jorgensen Ltd., to Van Leeuwen Pipe & Tube Group in the Netherlands. Terms weren't disclosed. Van Leeuwen distributes steel pipes, fittings, flanges and valves. Earle M. Jorgensen distributes metal.
July 15, 2012
About the fund Co-manager: David Nadel The fund: Royce Global Value Fund (RIVFX) Headquarters: New York Assets: About $300 million Top five holdings : Semperit AG Holding (Austria), Jupiter Fund Management (United Kingdom), Santen Pharmaceutical (Japan), Mayr-Melnhof Karton (Austria), Value Partners Group (Hong Kong) Morningstar rating : Three stars Performance: Annualized three-year return of 13%
March 19, 2014 |
The British government took another step to lure filmmakers across the Atlantic. Chancellor of the Exchequer George Osborne announced Wednesday that the government had approved enhancements to the United Kingdom's film-tax-relief program, which will take effect April 1. Among the key changes, the government said it would offer a 25% credit on the first $33 million of qualifying production expenditure, and 20% thereafter. Currently, such projects could only claim a 20% rebate.
May 10, 1989
RJR Nabisco to Sell 5 Units: RJR Nabisco Inc. said it will sell five European snack food businesses to reduce debt accumulated after its recent $24.9-billion leveraged buyout by Kohlberg Kravis Roberts & Co. The food and tobacco giant said the businesses--three in the United Kingdom, one in France and one in Italy--had pretax income last year of about $137 million on annual revenue of about $1.2 billion. RJR Nabisco said it will sell the companies separately or as a group.
April 26, 2013 |
The office rental market in downtown Los Angeles has been stagnant for decades, but New York real estate firm Brookfield Office Properties Inc. is betting millions of dollars that it will improve in the years ahead. Chief Executive Dennis Friedrich talked up downtown Los Angeles in a conference call with analysts Friday, a day after Brookfield announced plans to pay about $430 million for four large, prominent office buildings there. “We are being realistic about the downtown market,” he said.
May 7, 2010 |
Famed physicist Stephen Hawking set off chatter in the scientific community in late April when he posited the existence of intelligent aliens on his new TV series, "Into the Universe with Stephen Hawking" —adding that it would be best for human beings to avoid contact with them. Hawking speculated that such aliens would likely be nomads, living in ships after sucking their own planet dry of resources, and hopping from one interstellar refueling station to the next. Earth, he said, shouldn't do anything to encourage their visit.