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Sunstone Hotel Investors sells Napa hotel, APFN

May 20, 2009 11:57 am | by The Associated Press | News | Comments

SAN CLEMENTE, Calif. (AP) — Sunstone Hotel Investors Inc., a hotel real estate investment trust, said Wednesday it sold a Marriott hotel in Napa, Calif., for $36 million to an undisclosed buyer.The sale is scheduled to close on Wednesday.Sunstone estimated that the 274-room property would require...

International Paper receives bond tender offers, APFN

May 20, 2009 11:52 am | by The Associated Press | News | Comments

NEW YORK (AP) — International Paper Co. said Wednesday it had received about $874 million valid tender offers for a bond offering.The company accepted the offers, which represent 82 percent of the $1 billion-plus principal amount of the bonds outstanding before the tender offer was made. The offer...

Company to sell division, close SC plant, SC

May 20, 2009 11:52 am | by The Associated Press | News | Comments

SPARTANBURG, S.C. (AP) — A South Carolina-based company says it will sell its automotive cloth division to a management group and close one of its plants where 140 are employed.Spartanburg-based Milliken & Co. announced the sale Wednesday, citing a desire to focus on other markets that already...

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NJ gov defends rebate check elimination, NJ

May 20, 2009 11:52 am | by BETH DeFALCO - Associated Press Writer - Associated Press | News | Comments

TRENTON, N.J. (AP) — New Jersey Gov. Jon S. Corzine on Wednesday defended his proposal to eliminate property tax rebates as part of a plan to close a looming budget gap, saying the public will understand and promising to restore the rebates as soon as the economy improves."The fact is, we don't...

Police question 2 men I-40 slayings, 1st Ld-Writethru, AR

May 20, 2009 11:52 am | by The Associated Press | News | Comments

NORTH LITTLE ROCK, Ark. (AP) — State police have questioned two of three people they have sought for information about two bodies that were found along Interstate 40 in North Little Rock.The remains of 24-year-old Ahki Hughes and 48-year-old Tammy Lawrence were found on May 9. Both suffered gunshot...

Miles City scientist invented vaccines, MT

May 20, 2009 11:52 am | by DIANE COCHRANAssociated Press | News | Comments

BILLINGS, Mont. (AP) — What would Dr. Maurice Hilleman do?That question has almost certainly crossed the minds lately of people who know of Hilleman, a skilled scientist who invented some 40 vaccines, including eight of the 14 childhood vaccines commonly used in the United States.How would...

NM to get $27.5 million for water projects, NM

May 20, 2009 11:52 am | by The Associated Press | News | Comments

SANTA FE, N.M. (AP) — Nearly two dozen New Mexico communities will share in more than $27 million in federal stimulus money for drinking water and wastewater infrastructure projects.Gov. Bill Richardson announced the funding Wednesday, saying the projects are critical to helping improve the...

Central Command Team Releases Interim Findings On Farah Battle

May 20, 2009 11:52 am | by The Associated Press | News | Comments

xfdad AD-CENTRAL-COMMAND skedREGULATORY INTELLIGENCE DATA BASEMay 20, 2009DEPARTMENT OF DEFENSEAGENCY GROUP 09703-695-0192INDSTRY GROUP 91REGION GROUP 12CENTRAL COMMAND TEAM RELEASES INTERIM FINDINGS ON FARAH BATTLECQ Transcriptions, LLC1255 22nd Street N.W.Washington, D.C....

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Domtar plans cash tender for $250 million in notes, APFN

May 20, 2009 11:52 am | by The Associated Press | News | Comments

Paper and wood products company Domtar Corp. said on Wednesday that it would commence a cash tender offer for up to $250 million worth of its 7.875 percent notes due in 2011.The offer expires at midnight EDT on June 16 unless it's extended.Domtar said it would pay $1,010 for each $1,000 in...

Ex-Duracell chair to be chairman of new Chrysler

May 20, 2009 11:51 am | by The Associated Press | News | Comments

DETROIT (AP) — Chrysler LLC says that former Borden Chemical and Duracell chairman C. Robert Kidder will become chairman of the new Chrysler once it acquires old Chrysler's assets and joins with Fiat.Kidder will succeed Robert Nardelli, who will step down when Chrysler emerges from Chapter 11...

HL:Denison names James Gill as chairman and Ron Hochstein as CEO@

May 20, 2009 11:51 am | by The Associated Press | News | Comments

TORONTO — Denison Mines Corp. (TSX:DML) said Wednesday that former Aur Resources chief executive James Gill has been named chairman of the company and that Ron Hochstein has been promoted to president and chief executive.The uranium minder said Gill will help management in optimizing the operating...

Gates Outlines Details Of 'Reform Budget' For House Subcommittee

May 20, 2009 11:51 am | by The Associated Press | News | Comments

xfdad AD-GATES-REFORM-BUDGET skedREGULATORY INTELLIGENCE DATA BASEMay 20, 2009DEPARTMENT OF DEFENSEAGENCY GROUP 09703-695-0192INDSTRY GROUP 91REGION GROUP 04GATES OUTLINES DETAILS OF 'REFORM BUDGET' FOR HOUSE SUBCOMMITTEECQ Transcriptions, LLC1255 22nd Street N.W.Washington, D.C....

Elbit shares jump after solid 1Q results, APFN

May 20, 2009 11:51 am | by The Associated Press | News | Comments

Shares of Elbit Systems Ltd. jumped Wednesday after the Israeli defense contractor posted higher first-quarter profit and sales, boosted by growing sales of communication equipment and unmanned air vehicle systems.The company's net income attributable to Elbit Systems was $43.3 million, or $1.02...

Cisco closes $105 million deal for Tidal Systems, US

May 20, 2009 11:45 am | by The Associated Press | News | Comments

SAN JOSE, Calif. (AP) — Cisco Systems Inc. says it has closed its $105 million acquisition of Tidal Software Inc.Cisco hopes the deal will help create more efficient data storage and networking products. The company said last month that it would pay for the acquisition with cash.Tidal, a privately...

Ill. Senate panel OKs taxes, fees for construction, 5th Ld-Writethru, IL

May 20, 2009 11:45 am | by CHRISTOPHER WILLS - Associated Press Writer - Associated Press | News | Comments

SPRINGFIELD, Ill. (AP) — The Illinois Senate voted Wednesday to raise liquor taxes, expand gambling and increase driver fees to help pay for a $26 billion public works program meant to create hundreds of thousands of jobs."This bill is long overdue. It has been a decade of decay for our roads and...

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