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11/11/2008 News For:

Properties For Sale Rochester Minnesota

Hospitality Properties' 3Q FFO down 12 percent   Hospitality Properties Trust said Monday its third-quarter results declined about 12 percent from a year ago on lower rental revenue. The hotel real estate investment trust's results, however, beat Wall Street estimates.

Financial climate slowing sale of AIG's Japan assets: report  The weakened balance sheets of prospective buyers is hampering American International Group's planned sale of three Japanese life insurance companies, according to a published report.

Damac Properties cuts 200 jobs  Damac Properties has been forced to lay off 200 employees at its Dubai office due to falling sales, reported The National. The job cuts have been made across divisions including sales, marketing, recruitment and administration.

AIG Sale of Japan Units Finds Hesitant Buyers, Nikkei Says  Nov. 11 -- American International Group's planned sale of three Japanese life insurance subsidiaries hasn't attracted the interest of would-be buyers in Japan, Nikkei English News reported, citing no one.

Latest tally in Minnesota Senate race shows 206-vote spread  The margin in Minnesota's unresolved Senate race has gotten tighter again in the latest figures reported to the secretary of state.

Hospitality Properties' 3Q FFO down 12 percent  NEWTON, Mass. Hospitality Properties Trust said Monday its third-quarter results declined about 12 percent from a year ago on lower rental revenue. The hotel real estate investment trust's results, however, beat Wall Street estimates.

CEO at Mayo in Florida to return to Rochester  ? The Florida Times-Union has reported that Dr. George Bartley, chief executive officer of Mayo Clinic in Jacksonville, Fla., will return to surgical practice in Rochester.

Spratt's name floated for top Obama post   WASHINGTON ? U.S. Rep. John Spratt?s name is being floated for a post in the Obama administration that would take advantage of his economic expertise as chairman of the House Budget Committee. Spratt is at the top of a list of three possible directors of the White House Office of Management and Budget, The Associated Press reported last week. The New York Times and other publications also have ...

Minnesota Receives Waiver To Continue SCHIP Coverage For Some Parents  HHS has granted Minnesota a waiver to allow the state to continue providing SCHIP coverage for some parents through June 2011, according to Gov. Tim Pawlenty R, the AP/St. Paul Pioneer Press reports.

Al Franken-Norm Coleman race down to 204 votes in Minnesota  ST. PAUL, Minn. ? The margin in Minnesota?s unresolved Senate race between Republican Norm Coleman and Democrat Al Franken has gotten tighter. The latest figures reported to the secretary of state give incumbent Coleman a lead over Franken of only 204 votes Monday morning.