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Clearlake Capital-Backed FloWorks Acquires Genesis Systems

September 14, 2021 By bizadmin Leave a Comment

HOUSTON and SANTA MONICA, Calif., Sept. 13, 2021 – FloWorks, backed by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”), today announced it has acquired Genesis Systems, a distributor of control valve, regulator, and valve automation products and systems. FloWorks is a leading MRO focused specialty valve, rotating equipment, and flow control distribution platform differentiated by its specialty products and technical solutions for industrial markets. Financial terms of the transaction were not disclosed. [Read more…]

Filed Under: Featured, News, USA Tagged With: Genesis Systems

New Marriott Vacations Worldwide in Orlando

January 28, 2020 By bizadmin

ORLANDO, January, 2020 – Marriott Vacations Worldwide Corporation announced today it has signed a contract with an affiliate of Unicorp National Developments, Inc. to develop its new global corporate headquarters. [Read more…]

Filed Under: Featured, News, Travel, USA Tagged With: Florida, Marriott headquarters, Orlando

US economy growth revised

September 28, 2017 By bizadmin

WASHINGTON – The US second quarter economy, grew faster than expected, showing its fastest pace in over two years, however the momentum will probably slow in the third quarter as Hurricanes Harvey and Irma temporarily curbed activity. [Read more…]

Filed Under: Featured, Jobs, News, USA Tagged With: US economy

Why Global Economic Growth Is Sluggish

August 4, 2015 By bizadmin

There’s bullish talk about a coming pick-up in global economic growth, but for the moment, the signals are negative. Trends in the global economy look increasingly ominous. [Read more…]

Filed Under: Europe, Featured, News, Shares, USA, View Tagged With: Economic Growth

Bond Yields Fall to a 500-Year Low

September 1, 2014 By bizadmin

Jeffrey Gundlach, the American fund manager who correctly forecast the surge in bond prices this year, contrary to the overwhelming majority of the experts who got it wrong, remains fundamentally pessimistic about economic growth in the US. [Read more…]

Filed Under: Europe, Featured, News, USA, View Tagged With: Bond Prices, Fund Manager, Jeffrey Gundlach, USA

World Bank lowers projection

June 11, 2014 By bizadmin

Washington – The World Bank on Tuesday lowered its projection for the global economic outlook this year, as developing countries are heading for disappointing growth, while high-income countries are gaining momentum. [Read more…]

Filed Under: ASEAN, Asia, Europe, Featured, G20, News, USA Tagged With: Global Economic, Growth, World Bank

Leading Economic Index increases in US

February 25, 2014 By bizadmin

The Conference Board Leading Economic Index® (LEI) for the U.S. increased 0.3 percent in January to 99.5 (2004 = 100), following no change in December, and a 0.9 percent increase in November. [Read more…]

Filed Under: Featured, News, USA Tagged With: Economic Index

Carl Icahn invests in Apple

January 23, 2014 By bizadmin

Activist investor Carl Icahn picked up another $500 million of Apple Inc shares on Thursday to take his investment in the iPhone maker to $3.6 billion, while ratcheting up his months-long campaign to pry open the company’s cash hoard. [Read more…]

Filed Under: Featured, Investment, News, Technology, USA Tagged With: Apple, Carl Icahn

World Economic League Table 2013

December 27, 2013 By bizadmin

The leading economic consultancy Cebr released its annual report The World Economic League Table. The report gives an end of year report on GDP in the 30 largest economies in the world. It also forecasts which countries will be in the ‘Top Thirty’ for 5, 10 and 15 years ahead. [Read more…]

Filed Under: Europe, Featured, News, United Kingdom, USA