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Peak Resorts Inc., which owns Hidden Valley ski area in Wildwood, filed Monday for a $40.3 million initial public offering of its common stock.
Peak Resorts’ filing documents must still be approved by the Securities and Exchange Commission. If completed, it will be the first IPO by a St. Louis area company since American Railcar Industries […]
European governments were divided over how to boost the rescue fund for debt-strapped countries, taking the gloss off a three-day-old pledge to step up the fight against the fiscal crisis.
Finance ministers from the 17 euro countries failed late yesterday to decide how to bring the emergency aid fund up to its full 440 billion […]
Chinese President Hu Jintao said greater cooperation with the U.S. on economic and security issues must include recognition of each nation’s sovereign rights as he rejected American arguments for yuan appreciation.
Hu, who will arrive in Washington tomorrow for his first state visit to the U.S. since 2006, said the two nations should abandon the […]
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More Canadians shopped online than crossed the border during the week kicked off by the U.S. Thanksgiving shopping bonanza known as Black Friday, a survey shows.
While 9.3 per cent of Canadians physically crossed the border to shop, 21 per cent said they shopped online, the survey by global research firm Synovate found.
Two-thirds of those who […]
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ActivIdentity Corp. has agreed to be bought by the Swedish lock maker Assa Abloy AB in a deal valued at $162 million.
Assa Abloy will pay $3.25 per share in cash for Fremont-based ActivIdentity (NASDAQ: ACTI), a maker of digital identification products.
The price represents a premium of approximately 43 percent over ActivIdentity’s closing price on Oct. […]
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Spirit AeroSystems Inc. reported Tuesday that net income in the second quarter rose to $55 million, compared to the $8 million loss in net income the company reported in the second quarter of 2009.
Revenues at the Wichita-based aircraft supplier dipped slightly year over year, down to $1.056 billion from $1.06 billion
Earnings per share rose to […]
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Should the wealthiest Washington residents pay an income tax to fund education and health care improvements in the state?
There are two opposing sides to the idea, and both sides submitted recent opinion pieces to the Puget Sound Business Journal.
Last week, Bill Gates Sr. co-authored a pro-income tax opinion, in which he proposes the state should […]
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NAGOYA, Japan — The airy new Sony store in this central Japanese city has floor-to-ceiling windows, sleek white counters and friendly employees, called stylists, who offer advice and tailored counseling on Sony gadgets.
“It’s just like the Apple store,” laughed Yuka Hara, 23, a publishing company employee who was one of thousands of […]
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United Insurance Holding Corp. said state mandates and reinsurance rate hikes pulled down earnings in the fourth quarter and full year of 2009.
For the fourth quarter, United Insurance reported a net loss of $1.2 million, or 11 cents a share, compared with net income of $6.8 million, or 65 cents a share, during the fourth […]
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