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Monthly Archives: January 2012
Weekly Market Insight
Supply & Demand for Commercial RE Loans Banks are slowly ramping up their commercial real estate lending according to the Federal Reserve’s quarterly Senior Loan Officer Opinion Survey on Bank Lending Practices. In the newly released January survey, 1.8 percent … Continue reading
Equifax: U.S. consumer debt down 11% in 2011
Atlanta Business Chronicle American consumers got better at repaying debts on time and also reduced significantly the size of their debts in 2011, according to Equifax Inc. The Atlanta-based credit rating agency’s December National Credit Trends Report noted declines in … Continue reading
Coca-Cola grades itself B+ in sustainability annual
Atlanta Business Chronicle The Coca-Cola Co. gave itself a B+ in its annual sustainability report, noting gains in water efficiency, PlantBottle usage and a smaller carbon footprint. “Sustainability has been core to our business strategy for nearly 125 years,” said … Continue reading
Farr: Expect slowing economic growth in ‘12
Atlanta Business Chronicle The current fragile optimism about the nation’s economy will likely fade this year as the economic data disappoint and investors will need to embrace alternatives to traditional portfolio strategies. That’s what Dorsey D. Farr, co-founder and head … Continue reading
Posted in Atlanta, CSG / Corporate Services, Healthcare, Hospitality, Industrial, Medical, Office, Retail, Sustainability, Tenant Advisory / Representation
Tagged Atlanta, Brett Hunsaker, Commercial Real Estate, Dorsey D. Farr, Economic Data Disappointment, French Wolf & Farr, Grubb & Ellis, Rotary Club of Buckhead
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Air Liquide buys Georgia Gulf air separation unit
Atlanta Business Chronicle Air Liquide Large Industries U.S. LP said Monday it bought an air separation unit from Atlanta-based Georgia Gulf Corp. The air separation unit in Plaquemine, La., produces oxygen, nitrogen and argon, and it is already connected with … Continue reading
Saporta: Transit plan unfair to MARTA, Atlanta region
Atlanta Business Chronicle by Carla Caldwell After months and months of study, the Transit Governance Task Force has come up with recommendations that are unacceptable — especially for residents of Fulton and DeKalb counties that have invested in MARTA for … Continue reading
American Eagle bids farewell to Augusta
Atlanta Business Chronicle by Carla Caldwell American Eagle had its last flight out of Augusta Regional Airport on Monday due to financial restructuring of parent company AMR Corp., reports The Augusta Chronicle. AMR, (NYSE: AMR) the parent company of both … Continue reading
ThyssenKrupp selling stainless steel unit
The Associated Press BERLIN — German steelmaker ThyssenKrupp AG said Tuesday it is selling its stainless steel unit Inoxum to Finland’s Outokumpu Oyj in a euro2.7 billion ($3.54 billion) deal. The German company said an agreement in principle had been … Continue reading
Posted in Atlanta, Industrial
Tagged Atlanta, Brett Hunsaker, Commercial Real Estate, Grubb & Ellis, Inoxum, Outokumpu Oyj, ThyssenKrupp AG
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Higher oil prices boost Exxon 4Q profit 2 percent
By CHRIS KAHN The Associated Press NEW YORK — Exxon Mobil Corp.’s fourth-quarter profit rose 2 percent as higher oil prices made up for a drop in production. Benchmark crude prices rose 10.3 percent in the final three months of … Continue reading
Pfizer 4Q net falls by half after generic Lipitor
By LINDA A. JOHNSON The Associated Press Pfizer Inc.’s fourth-quarter results handily beat analysts’ expectations on Tuesday, even though the drugmaker’s profit fell by half because of one-time charges and a big drop in U.S. revenue lost to new generic … Continue reading
