Industry News

Loews Miami Beach. The $50 million renovation of the 790- room hotel? He signed off on it."/>
Miami is special, says Loews chairman Jonathan Tisch [The Miami Herald]
The big short [Financial Mail on Sunday, London]
Berkeley Energia and its shares, at 47 p, should rise substantially as the project moves towards production."/>
Financial Mail on Sunday, London, Midas column [Financial Mail on Sunday, London]
M and A Navigator: Deal pipeline –3 October
Eagan becoming a retail powerhouse [Star Tribune (Minneapolis)]
Henderson Group plc and Denver, Colorado-based global investment firm Janus Capital Group Inc. have agreed to an all-stock merger, the companies said. The combined company will be named Janus Henderson Global Investors plc, and will have a market cap of around USD 6 bn. The merger will be effected via a share exchange with each share of Janus common stock exchanged for 4.7190 newly issued shares in Henderson."/>
Janus Capital to Merge with UK Asset Manager Henderson Group
In business [St. Cloud Times, Minn.]
Philadelphia Energy Solutions, the joint venture that rescued the South Philadelphia refining complex from threatened closure just four years ago. Philip L. Rinaldi, the chief executive of PES, told employees last month that the refinery's finances were "significantly stressed" and it must shrink staff, trim pensions, reduce health-care benefits, and delay capital investments. Low fuel prices are a culprit, but Rinaldi also blamed the soaring..."/>
Complex biofuel credits complicate costs for local refinery [The Philadelphia Inquirer]
Daily Mail, London, Alex Brummer column [Daily Mail, London]
Treatt surged after investors were treated to a strong trading update. The manufacturer and supplier of flavour and fragrance ingredients said it expects pre-tax profit for the year to September 30 to be comfortably above expectations. Treatt said there had been encouraging signs of success in China and North America and in key beverage sectors."/>
Daily Mail, London, market report column [Daily Mail, London]
MetLife Insurance in Columbus, to starting his own business as an independent insurance broker. He's learned a lot through the years about how to interact with clients and to ultimately close a sale."/>
Carl Brown served his nation, now serves those in need of insurance [Columbus Ledger-Enquirer, Ga.]
United Fire Group employees will return Monday to the company's headquarters complex in downtown Cedar Rapids, a far cry from the 12 weeks needed to make building repairs after the June 2008 flood. Franklin Rainbolt, UFG maintenance supervisor, said the company took steps to minimize potential damage from the 2016 flood. "We got everything out of the five basements by last Saturday and then we waited for the river to crest," Rainbolt said."/>
Quick return to downtown Cedar Rapids for United Fire Group [The Gazette, Cedar Rapids, Iowa]
Bombardier's leadership position as rail services provider. BERLIN, GERMANY--- Rail technology leader Bombardier Transportation announced today that it has signed a new contract with the Southern California Regional Rail Authority of Los Angeles, California to provide eight years of maintenance services for SCRRA's Metrolink commuter rail..."/>
Bombardier Wins Fleet Maintenance Contract in California
Royal Bank of Canada have announced that more than 2,000 people are participating in the eighth annual RBC Race for the Kids in Manhattan. The event- held downtown at Brookfield Place Waterfront for the second consecutive year- is a family day of athletic challenge that includes a 4 K run, a physical fitness challenge, children's races, and a cycling tour. Led by RBC, this year's Race raised more than $2 million for Youth INC and seven other*..."/>
RBC And Youth INC Partner To Bring RBC Race For The Kids To Lower Manhattan

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