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Wednesday, 25-Dec-2013 01:16 Email | Share | Bookmark
Suspect In 1986 New Mexico Death Arrested In Texas

Union Pacific spokesman Aaron Hunt said Tuesday that construction near Santa Teresa is ahead of schedule and the facility could be operational in 2014. It had been slated to open in 2015. "The second phase of construction (which began in July 2012) will finish the yard to include all the mechanical, electrical, architectural, utilities, track and civil engineering portions of the project," Hunt said in a statement. More than 50 contractors are involved in the project and there is an average of 250 workers on site daily, Hunt said. The Santa Teresa-San Jeronimo region is still young and development there only started after the Santa Teresa Port of Entry opened in 1993. The New Mexico Border Authority said last year that the port of entry processed more than 81,000 commercial trucks 13 percent higher than any year on record. <br>More:

$400M New Mexico railroad project may open in 2014

December 24, 2013 (AP) Authorities in Texas have arrested a man accused more information of using aliases for 27 years to avoid apprehension in a New Mexico killing. Albuquerque police say 47-year-old Ramone Astorga Ramirez was taken into custody Monday in the Midland, Texas, area and will be extradited to New Mexico. Ramirez was identified as a suspect after 27-year-old Paul Dubose was shot to death in 1986 during an altercation outside an continue Albuquerque apartment complex. He was indicted in 1987 on a first-degree murder charge. Ramirez is from Mexico, and authorities say he used various aliases over the years to avoid apprehension. The Albuquerque Police Department's Cold Case Unit took the case 11 months ago and followed up on leads with assistance from the FBI, the Texas Rangers, the Texas Department of Public Safety and Midland police. Authorities didn't immediately say how they found Ramirez, and it was unclear if he had an attorney. <br>More:

Mexico's Stocks Open Higher, Peso Slips Against Dollar

In recent times, the company has aggressively pruned its Latin American portfolio and redeployed the proceeds to acquire high quality U.S. shopping center assets in its key markets, with demographics and household income levels higher than the national average. During third-quarter 2013, Kimco and its JV partner American Industries divested their stake in 84 Mexican industrial assets for $603.5 million. The properties were sold to Terrafina a Mexican REIT. Moreover, Kimco offloaded a 4-property Mexican shopping center portfolio to its local operating partner, Planigrupo, for $84 million. Additionally, Kimco sold its 43% stake in a Guadalajara, Mexico-based asset Centro Sur shopping center for $41 million. Notably, as of Sep 30, 2013, Kimcos Mexican investments had a book value of around $445.2 million and the company is making further efforts to narrow this exposure. On the other hand, Kimco is redeploying its capital in its core markets and accordingly, since 2010, the company has acquired 70 properties in highly affluent areas of the U.S. <br>More:

Kimco Narrows Mexico Assets Exposure

Invalid entry: Please type the verification code again. December 24, 2013, 10:40 a.m. ET Mexico's Stocks Open Higher, Peso Slips Against Dollar Text By Anthony Harrup MEXICO CITY--Mexico's stocks opened higher Tuesday in a shortened pre-Christmas session, with the market's benchmark IPC index briefly reaching its highest intraday level in more than seven months. The index recently was up 0.4% at 42677 points on volume of 25.1 million shares worth 897.8 million pesos ($69 million). Bellwether America Movil (AMX, AMX.MX) shares were up 0.8% at MXN15.14, and click cement maker Cemex (CX, CEMEX.MX) CPO shares were 1.1% higher at MXN15.32. Early gains lifted the IPC to its highest intraday level since May, but the index is still well below its this site all-time high of 46,075 reached in January. <br>More:

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