Gene Urban, The Urban Team at Realty Executives, weighs in on 3 listings in the Phoenix, Arizona area where the average sales price is about $215,000 in the city.» Read More
PHOENIX-- Shares of Insys Therapeutics Inc. slid in after-hours trading Thursday after the pharmaceutical company said its sales and marketing practices are under investigation. The Phoenix company said it has received a subpoena from the Office of Inspector General of the Department of Health and Human Services.
In Phoenix, where house prices have risen more than 40 percent in less than two years, pending sales fell 32 percent in October, while the number of months of supply is up 111 percent from May. In Sacramento, the October figures are equally grim, with year-on-year supply up 93 percent and sales down 20 percent.
WASHINGTON, Dec 11- Senior defense officials from Singapore got to see U.S. Marine Corps F-35 fighter jets in action on Tuesday at the Luke Air Force Base in Arizona as the Asian country mulls buying the Lockheed Martin Corp planes, a base spokeswoman said.
OKLAHOMA CITY-- Oklahoma City- based First Fidelity Bank says it has completed the purchase of the former Sunrise Bank of Arizona. First Fidelity Bank says it will expand its presence to seven branch locations in the Phoenix metro area with the acquisition of three additional branch locations in Mesa, Glendale and Nogales.
DALLAS, Dec 9- American Airlines Group, the world's biggest airline after AMR Corp's merger with US Airways Group, intends to take advantage of its broad global network to win more corporate customers, the company's president said. American Airlines parent AMR Corp and US Airways sealed their $18 billion merger on Monday.
PHOENIX-- Authorities are trying to determine whether a man who flew into Phoenix has tuberculosis, but any risk to passengers on his flight is extremely low even if it turns out he does have the infectious respiratory illness, public health officials said Monday.
NEW YORK, Nov 24- A U.S. housing regulator has been investigating the activities of a small California not-for-profit that bought hundreds of foreclosed homes through a federally backed program intended to help local communities hurt by the housing bust, according to government documents reviewed by Reuters.
LETTERKENNY ARMY DEPOT, Chambersburg, Pennsylvania, Nov 18 (Reuters)- Linda Woodford spent the last 15 years of her career inserting phony numbers in the U.S. Department of Defense's accounts.
Nov 14- Arizona on Thursday dealt a blow to the state's largest utility by approving a monthly fee on customers with solar panels that Arizona Public Service said was not enough to offset the costs that those rooftop systems have heaped on its remaining ratepayers.
LOS ANGELES, Nov 13- Arizona utility regulators on Wednesday began considering the fate of a little-known solar subsidy that, if altered, would be a major blow to the burgeoning U.S. rooftop solar industry in one of its biggest markets.
NEW YORK, Nov 11- U.S. retailers have little room for error in the fast-approaching and shortened holiday shopping season, a period that typically generates 30 percent of annual sales.
NEW YORK, Nov 1- Kroll, Moody's, and Morningstar held phone conversations with cautious bond investors Friday following a three-city roadshow by structuring lead Deutsche Bank for the first-ever home-rental bond from Blackstone, described as a hybrid RMBS/CMBS.
Oct 30- Newmont Mining Corp said on Wednesday its Akyem project in Ghana and its Phoenix Copper Leach project in Nevada have achieved commercial production on schedule and on budget.
Oct 22- Freeport-McMoRan Copper& Gold Inc reported better-than-expected third-quarter results on Tuesday, lifting its shares 4 percent, and the company said it was still looking at asset sales but was not under any pressure to do them quickly.
Oct 22- Freeport-McMoRan Copper& Gold Inc reported better-than-expected third-quarter results on Tuesday, boosted by recently acquired oil and gas operations, and the company's shares jumped more than 4.5 percent. "A very big quarter for them," said Garrett Nelson, an analyst with BB&T Capital Markets.
Oct 22- Freeport McMoRan Copper& Gold Inc reported a decline in third-quarter profit on Tuesday as lower metal prices weighed on results, but earnings topped expectations and the company's shares rose in premarket trading. Total debt as of Sept. 30 was $21.1 billion, down only slightly from $21.2 billion as of June 30.
MILAN, Oct 11- Alitalia, the Italian national airline that has made a profit only a few times in its 67- year history, once again risks collapsing as the government scrambles to find investors willing to rescue its problem child.
WASHINGTON, Oct 8- Tourism sagged near U.S. national parks, Washington- area workers filed more unemployment claims and futures markets grappled with a lack of data as the government shutdown, now in its second week, stretched across the nation and upset many aspects of American life.
*Republic shares up 5 percent. Oct 1- Airline pioneer William Franke is looking to bring more low airfares to U.S. air travelers, with his firm agreeing to purchase Frontier Airlines from Republic Airways Holdings. The list of low-cost carriers Franke has ran or invested in also includes Volaris of Mexico, Wizz Air in Hungary and Tiger Airways in Asia.
Oct 1- Republic Airways Holdings Inc said on Tuesday it would sell Frontier Airlines to private equity firm Indigo Partners LLC in a deal valued at about $145 million. The agreement ends a two-year-long search by Indianapolis- based Republic to unload Frontier, which it bought out of bankruptcy in 2009..