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Exclusive: Siemens to win unconditional EU approval for Dresser-Rand deal - sources

2015-05-09 11:34:20| Industrial Machines - Topix.net

A red traffic light is seen in front of an office building of Siemens AG in Munich Perlach May 30, 2014. ) is set to secure unconditional EU approval for its $7.6 billion bid for U.S. oilfield equipment maker Dresser-Rand ( The acquisition, Siemens' largest ever, will boost the trains-to-turbines group's presence in the United States and the shale exploration boom there, and also take it a step closer to rival General Electric ( The European Commission warned in February, when it opened a full-scale investigation, that the deal might reduce competition and drive up prices.

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EXCLUSIVE: Why Cincinnati Bell is watching Verizon's TV bundle...

2015-05-09 01:46:23| Telecom - Topix.net

EXCLUSIVE: Why Cincinnati Bell is watching Verizon's TV bundle lawsuit very closely and what it could mean for your cable bill Cincinnati Bell is closely watching a lawsuit between ESPN and Verizon over whether cable providers can offer so-called "skinny bundles" of fewer channels.

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Exclusive: Tiempo Development lands $2.2 million in funding for hiring, marketing efforts

2015-05-08 08:45:14| Semiconductors - Topix.net

Tiempo Development LLC, a Tempe-based software services company, has closed on a $2.2 million round of funding to hire new employees and market the company across the U.S. Tiempo received $1 million, with two $600,000 options, in its mezzanine round, which is between Series A and Series B. The new funding is from Dallas-based Cypress Growth Capital LLC, who offers royalty-based growth capital. The round is meant to get the company ready for its Series B funding, said Cliff Schertz , Tiempo CEO and president.

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Exclusive: Chevron lists more Marcellus acreage

2015-05-04 23:36:48| Oil & Gas - Topix.net

According to Chevron's most recent 10-K, its Marcellus and Utica leases are primarily in southwestern Pennsylvania, eastern Ohio, and the West Virginia panhandle. Those areas, along with another shale play in Michigan, yielded an average net daily production of 269 million cubic feet in 2014.

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Exclusive: Dayton luxury car dealer plans major renovation

2015-05-04 19:07:48| Auto Dealers - Topix.net

The luxury car dealership, part of the Evans Motorworks family of dealerships, is slated for $1.8 million worth of renovations that will start May 18, said owner Jim Evans . The project already has been approved by the city of Vandalia.

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