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  • Mack-Cali reports 3Q results Thursday, 23 Oct 2014 | 8:28 AM ET

    EDISON, N.J. _ Mack-Cali Realty Corp. on Thursday reported a key measure of profitability in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was for funds from operations of 47 cents per share. Analysts expected $152.7 million, according to Zacks.

  • Western New York yogurt plant laying off 32 Friday, 17 Oct 2014 | 10:54 AM ET

    BATAVIA, N.Y.— An upstate New York yogurt company says it's laying off more than 30 workers, an announcement made just as yogurt became the state's official snack. Local media report that Bogota, Colombia- based Alpina Foods said Wednesday it will lay off 32 employees at its plant in the town of Batavia, between Rochester and Buffalo. The company says it remains...

  • Grupo Aval SA expects to finance around $5.4 billion of the $17 billion the government must raise to pay for the upgrade of 8,000 km of roads in the next five years, Luis Carlos Sarmiento Gutierrez, its president told Reuters after an IPO worth $1.26 billion in New York.

  • Sept 23- Colombian banking group Grupo Aval SA raised $1.26 billion, more than expected, from its initial public offering in New York on Tuesday, and plans to use the funds to bolster its banks' capital. J.P. Morgan Securities LLC, Goldman Sachs& Co, Citigroup Global Markets Inc and Morgan Stanley& Co LLC are underwriting the offering.

  • Sept 23- Colombian banking group Grupo Aval SA raised $1.1 billion after its U.S. initial public offering was priced at $13.50 per American Depositary Share. J.P. Morgan Securities LLC, Goldman Sachs& Co, Citigroup Global Markets Inc and Morgan Stanley& Co LLC are underwriting the offering.

  • CARACAS, Sept 16- Buses across jungle borders, boats through Caribbean waters and private flights from small airfields have become a new norm for departing Venezuela as a multi-billion dollar pay dispute turns the country into something of a' no-fly' zone.

  • Sept 8- Grupo Aval, Colombia's largest banking group, said it expects to raise $1.1 billion in an initial public offering in the United States. Sarmiento Angulo, 82, also owns Colombia's largest newspaper, El Tiempo, which he acquired in April 2012.

  • BOGOTA, Sept 5- Colombia's coffee production will be between 11.5 million and 12 million 60- kg bags in 2014, up from a previous estimate of 11.4 million bags, the head of the farmer-funded growers' federation said on Friday, thanks to good weather and tree renovation.

  • MEDELLIN, Colombia, Aug 14- Colombian businesses should be prepared for the possibility of a "very strong" depreciation in the peso due to rising U.S. interest rates or some other external shock, central bank chief Jose Dario Uribe said on Thursday. The business sector, all Colombians, "Uribe told an industrial conference in Medellin.

  • MEDELLIN, Aug 14- Colombia should shift its economic engines toward construction, infrastructure and non-tradable sectors to maintain levels of growth, as the oil-driven boom deteriorates, central bank board member Adolfo Meisel said on Thursday.

  • UPDATE 1-Starbucks opens in Colombia, home of Juan Valdez Wednesday, 16 Jul 2014 | 12:53 PM ET

    July 16- Starbucks Corp opened its first shop in Colombia on Wednesday, 43 years after the world's biggest coffee chain first started buying beans from the country famous for its premium arabica coffee named after fictional coffee farmer Juan Valdez.

  • Starbucks opens in Colombia, home of Juan Valdez Wednesday, 16 Jul 2014 | 11:03 AM ET

    July 16- Starbucks Corp opened its first shop in Colombia on Wednesday, 43 years after the world's biggest coffee chain first starting buying beans from the country known for its premium arabica coffee. It and all other Starbucks stores in Colombia will be the company's first to serve only locally sourced coffee.

  • The Australian Bureau of Meteorology this week said Pacific Ocean surface temperatures are at levels associated with a weak El Nino, but the threshold for the weather event has not yet been breached. El Nino could bring dry weather to Australia, which is already struggling with a drought, and it could also curb its wheat, sugar and cotton production.

  • Who would win a World Cup for energy savings? Friday, 20 Jun 2014 | 1:20 PM ET
    Enoh Eyong of Cameroon challenges Jose Juan Vazquez of Mexico in the first half during the 2014 FIFA World Cup Brazil Group A match between Mexico and Cameroon at Estadio das Dunas on June 13, 2014 in Natal, Brazil.

    Using conservation as a baseline, Opower broke down a few World Cup contenders according to their energy policies.

  • 'Cash is still king' in Miami real estate Thursday, 12 Jun 2014 | 2:10 PM ET
    Aerial view of mansions in Coral Gables, Florida.

    The large number of Miami home buyers are from overseas, and a huge portion of them pay in cash, one realtor says.

  • BOGOTA, June 11- Colombia is keeping open the option of selling a 100- year bond this year to finance part of its 2015 budget, the finance minister said on Wednesday, after an investment bank proposed to issue sovereign debt with a century-long maturity last week.

  • BOGOTA, May 26- Colombian President Juan Manuel Santos' re-election bid took a hefty blow in voting on Sunday as his right-wing opponent won more support after attacking the government's peace talks with Marxist rebels. Oscar Ivan Zuluaga, a former finance minister, won 29.3 percent of the vote in the first round of voting with Santos trailing on 25.7 percent.

  • BOGOTA, May 25- Opposition candidate Oscar Ivan Zuluaga won most votes in Colombia's presidential election on Sunday but fell short of a first-round victory and will face President Juan Manuel Santos in a runoff that casts doubts over peace talks with Marxist rebels.

  • BOGOTA, May 25- Colombian President Juan Manuel Santos and right-wing challenger Oscar Ivan Zuluaga were locked in a tight election race on Sunday and will face each other in a runoff next month. "Security is important to us; we are 100 percent with Zuluaga," said Jose Gomez, 39, as he left a Bogota polling station with his wife and daughter.

  • BOGOTA, May 9- Colombia's central bank chief said on Friday the economy probably grew about 4.8 percent in the first quarter of 2014 and that inflation was on course to hit its 3 percent target for the year, even as internal demand picks up.