Latest EDGE News

HP to merge printer, PC arms in revamp: sources

March 21, 2012

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SAN FRANCISCO (Reuters) – Hewlett Packard Co CEO Meg Whitman plans to combine the computing giant’s PC and printing divisions in a major internal overhaul intended to spur combined sales of hardware to customers, two sources familiar with the move told Reuters. That reorga

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Landlords Should Look at the Government’s Landlord Energy Saving Allowance (LESA) to Save Tax

March 20, 2012

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Landlords need to be aware of the governments LESA scheme. The Landlord Energy Saving Allowance enables landlords to take advantage of tax breaks when upgrading the insulation on their rental properties. Landlords will be well advised to look into the scheme as we move ever closer to

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Wall Street opens lower after run-up

March 20, 2012

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NEW YORK (Reuters) – Stocks fell at the open on Tuesday as equities paused after a 3-day winning streak for the S&P 500, which came within 10 percent of a historic closing high. The benchmark S&P had risen in eight of the past nine sessions, hit its highest point since

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Shell Taps Pittsburgh Area For Proposed $2B Chemical Plant

March 19, 2012

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Shell Oil Co. has picked a site in Beaver County, PA over locations in two other states for a proposed $ 2 billion petrochemical complex that could create more than 10,000 permanent jobs and another 10,000 construction jobs. Shell Chemical LP signed a land option agreement with Horseh

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G4S Government Solutions Renews 29,000 SF at Fairway Office Ctr

March 19, 2012

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G4S Government Solutions, formerly known as Wackenhut Services, renewed its lease of 28,692 square feet in the Fairway Office Center at 7121 Fairway Dr. in Palm Beach Gardens, FL. Fairway Office Center is a three-building complex totaling 224,000 square feet of office space constructe

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Stocks’ correction coming? Not that again

March 18, 2012

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NEW YORK (Reuters) – Investors are beginning to wonder if this Energizer Bunny of a rally can just keep going without taking a break or a fall. Every Friday for the past couple of months, the question has hung in the back of investors’ minds: Is the stock market’s ra

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Kite Joins Marcus & Millichap

March 18, 2012

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Marcus & Millichap named Keith Kite as its new hospitality investment specialist in the Orlando and Vero Beach markets. His responsibilities will include closing investment deals and selling hospitality properties. Prior to joining Marcus & Millichap, Kite served as managing

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Colony Club Luxury Apartments Trade for $26.7M

March 18, 2012

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Advenir acquired The Colony Club Luxury Apartments at 7132 Colony Club Dr. in Lake Worth, FL from The Holiday Organization, Inc. for $ 26.65 million, or about $ 125 per square foot. The three-story 237,340-square-foot, Class A apartment building was built in 2003 and is located in the

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CoStar’s People of Note (March 11-17)

March 17, 2012

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This week’s People of Note includes the following markets: Chicago, Los Angeles, New York City and South Florida. NEW YORK CITY Horowitz Promoted to EVP at Studley By CoStar Research Longtime Studley broker Daniel O. Horowitz was recently promoted to executive vice president. Co

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