MSDG buys land in Metro Center

MSDG Nashville LLC has purchased 5.5 acres on Great Circle Road at Athens Way in the Metro Center area for $1.575 million.
MSDG is a general contractor, specializing in non-industrial commercial construction.
Charley Hankla with Colliers Turley Martin Tucker represented the seller, United Methodist Publishing House, and David Baker of Baker Storey McDonald Properties represented the buyer […]

Buffalo competitive in sports ranking

Buffalo has beaten Baltimore, San Francisco and even, Norman, Okla.
No, not in a Buffalo Sabres or Buffalo Bills game.
But in a ranking for the top 400 sports cities in North America.
In the ranking, released this week by Sporting News – a sister publication of Business First – the Buffalo Niagara region finished as the 42nd […]

Tri-Valley Bank CEO Terry quitting

Glen Terry is quitting as president and CEO of Tri-Valley Bank in San Ramon.
“I regret the brevity of my tenure,” Terry said in a statement from the bank — he took the top job there in May, following interim CEO John Rockwell, who took over when Bill Nethercott left for SF Commerce Bank in San […]

Consumer Prices in U.S. Probably Climbed at Slower Pace in July

Prices paid by U.S. consumers probably rose at a slower pace in July as fuel expenses peaked, economists said before a government report today.
The cost of living increased 0.4 percent, according to the median forecast of 78 economists in a Bloomberg News survey, after jumping 1.1 percent in June. Excluding food and energy, […]

Bridge Bank parent

Stock in Bridge Capital Holdings fell about 7 percent Friday after the parent company of Bridge Bank reported a 46 percent drop in net earnings and a large increase in non-performing loans.
The San Jose bank holding company (NASDAQ:BBNK) said on Thursday net income dropped 46 percent to $1.6 million, or 23 cents […]

Pump Pros acquires Jenkins Equipment

Pump Pros. Inc. said Monday it has acquired Jenkins Equipment Co. in Cherry Grove. Terms of the deal weren’t disclosed.
Pump Pros, headquartered in Mason, distributes pumps, mechanical seals and mixers, and re-manufactures pumps, mechanical seals, mixers and gear boxes. The company, which purchased Wagner-Smith Pumps and Systems in 2003, has locations in Reynoldsburg […]

Regents to name 3 community college heads

The University of Hawaii Board of Regents is expected to name three community college chancellors this week.
Helen Cox, a Utah educator, is expected to be named chancellor of Kauai Community College.
Cox is the associate vice president of instruction at Salt Lake Community College in Utah. Her recommended term is for […]

Slovak Central Bank to Keep Key Rate Unchanged, Survey Shows

The Slovak central bank will leave its key interest rate unchanged for a 13th consecutive month as it tries to stifle inflation by delaying a rate cut, a survey of economists showed.
The Bratislava, Slovakia-based Narodna Banka Slovenska will keep the two-week repurchase rate at 4.25 percent at a board meeting on May 27, […]

Honda

When CEO Takeo Fukui says he would spend $10 billion to rack up a Formula One victory for Honda, you get the sense that he really means it.
Under Fukui’s five-year leadership, Honda Motor’s (7267.T: Quote, Profile, Research) car sales have jumped by a third and profits by an even bigger margin to a record […]

Stem cell IPO faces long odds

The odds would seem to be against an initial public offering for a biotech company with no profits and no products on the market, but stem-cell company Aldagen evidently feels lucky.
The company registered with U.S. regulators on May 9 to publicly offer up to $80.5 million worth of common stock, even as the […]