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Hanley Investment Group Sells 122,000 SF of Retail for Over $20 Million in Riverside, Calif.
2013-09-05 19:22:00| National Real Estate Investor
Anne Monaghan / Monaghan Communications Hanley Investment Group Real Estate Advisors, one of the most dominant retail investment groups in the western United States and a market leader in the sale of retail properties, announced today that the company negotiated the sale of more than 122,000 square feet of retail space in Riverside, Calif., totaling more than $20 million, with the sale of Michaels Plaza and Stater Bros. Plaza. read more
Tags: group
million
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retail
Mail.Ru revenue up 27% in Q2, sells Facebook stake
2013-09-05 16:44:00| Telecompaper Headlines
(Telecompaper) Russian internet group Mail.Ru reported aggregate segment revenue up 28.4 percent year-on-year to RUB 12.442 billion in H1, with 27.3 percent annual growth in Q2. In H1, EBITDA grew 26.1 percent to RUB 6.706 billion, and net profit was up 27.6 percent to RUB 5.063 billion. Net cash at 30 June totaled RUB 6.818 billion, and the company raised another USD 525 million in July-August with the sale of its remaining 14.2 million Facebook shares. The monthly audience (TNS Russia) of the Mail.Ru portal in June reached 33.2 million Russian users. The company increased its 2013 guidance and now expects aggregate segment revenue growth of 27-29 percent, led by contextual advertising and games.
Tags: revenue
sells
facebook
stake
Phones 4U sells insurance business for USD 160 mln
2013-09-05 16:28:00| Telecompaper Headlines
(Telecompaper) UK retailer Phones 4U has agreed to sell its device insurance business for USD 160 million to Assurant. The activities, known as the Lifestyle Services Group, generate around GBP 125 million in annual revenue, providing insurance to over 8 million customers through operators and banks. Assurant is already active in the mobile insurance sector and sees good growth opportunities in Europe. The transaction is subject to regulatory approval and expected to close in the fourth quarter.
Tags: business
insurance
phones
usd
BioSpecifics Technologies Corp. Director Henry Morgan Sells 2,150 Shares
2013-09-05 12:06:22| Biotech - Topix.net
BioSpecifics Technologies Corp. Director Henry Morgan sold 2,150 shares of BioSpecifics Technologies Corp. stock on the open market in a transaction that occurred on Tuesday, September 3rd.
Tags: director
technologies
corp
henry
HTC sells Saffron Digital to Cinram for USD 47 mln
2013-09-05 10:15:00| Telecompaper Headlines
(Telecompaper) HTC has agreed to sell Saffron Digital, a specialist in multi-screen video delivery, to Cinram for USD 47 million. HTC will retain a perpetual royalty-free licence to continue supporting digital media services on its devices, including the upcoming HTC Watch, on a worldwide basis. Cinram will pay an initial USD 7.5 million cash and the remainder in a five-year note of USD 39.5 million, bearing interest at 6 percent per year. HTC acquired UK-based Saffron in 2011 for GBP 30 million, as part of efforts to boost content services on its mobile devices. Based in Canada, Cinram provides manufacturing and logistics for CDs, DVDs and other digital media products.
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