News

Grupo Graña y Montero reduced its debt by 21%

LIMA, Peru--(BUSINESS WIRE)--Grupo Graña y Montero reported financial statements for the Fourth Quarter of 2018 in which it was possible to reduce the total debt of the company by US$ 174 million (-21%) to US$ D 654.67 million, thanks to the successful execution of the debt reduction plan. Regarding revenues, the Company reached a total...

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Eagle-eyed resident spots $20M error in analysis of controversial U City project

City says the proposed $190 million mixed-use development will still generate enough tax revenue to be economically viable.

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The Types of Homes Texans Purchased in 2018

Twenty-nine percent of homebuyers in Texas purchased newly built homes last year, according to the Texas overlay of the 2018 Profile of Homebuyers and Sellers. Of those buyers, 41% wanted to avoid renovations or problems with plumbing or electricity. Among Texas homebuyers who purchased previously owned homes, 35% were looking for a better overall value. Detached,...

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Chevron, Exxon Mobil Sink Billions into Texas Refineries

Two of the nation’s largest oil companies are doubling down on Texas, pouring billions of dollars into refineries. Chevron USA Inc. has inked an agreement with Petrobras America Inc. to acquire Pasadena Refining Systems Inc. for $350 million. The deal includes all outstanding shares and equity interests, as well as the 192-acre refinery in Pasadena,...

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State Legislature May Lift Ban on Sunday Liquor Sales

Buying liquor in the Lone Star State on Sundays has been illegal since 1935, when the Texas Liquor Control Act was passed in response to the repeal of Prohibition. But, that could all change in just a few months if House Bill 1100 passes. The bill, introduced in the House by State Rep. Richard Pena...

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The flex space craze: Is it right for you, and how does Boston stack up?

Flexibility is increasingly one of the operative words when companies evaluate their real estate strategies, particularly when it comes to high- growth companies. So, it should come as no surprise to anyone that the flexible space sector has grown by an average of more than 20 percent a year over the last eight years. In...

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CEO Appointment

SYDNEY--(BUSINESS WIRE)--James Hardie Industries plc (ASX:JHX): 1 February 2019 AEST31 January 2019 GMT James Hardie Industries plc (ASX:JHX) announced today that Dr Jack Truong, previously announced as the CEO successor on 7 September 2018, has been officially appointed as the CEO, and to the Board of Directors, effective 31 January 2019. Commenting on the announcement...

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Improvements to Your Legal Hotline

Now when you call the Texas REALTORS® Legal Hotline, you don’t have to wait for a call back. Enter your TREC license number and you’ll be connected with an available attorney. If all the attorneys are on calls, you have the option to wait on hold or enter your number for a call back. This...

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Pipeline Health Expands Texas Footprint By Acquiring 22 Freestanding ERs

Pipeline Health LLC has acquired Texas Health Resources’ majority stake in 22 freestanding emergency rooms. The Los Angeles-based company will co-own the facilities with Lewisville, TX-based Adeptus Health, which previously had joint ownership with Texas Health Resources. Adeptus Health is the nation’s largest operator of standalone emergency facilities, while Pipeline Health owns four hospitals in...

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