Westfield Sells 7 U.S. Malls to Starwood for $1.6 Billion

Westfield Sells 7 U.S. Malls to Starwood for $1.6 Billion
By Nichola Saminather - Sep 16, 2013

Westfield Group (WDC), the world’s biggest shopping-center operator by assets, will sell seven malls in the U.S. for $1.6 billion to an affiliate of Starwood Capital Group LLC, as the company consolidates its U.S. portfolio to fund higher-return activities.

http://www.bloomberg.com/news/2013-09-16/westfield-sells-seven-u-s-malls-to-starwood-for-1-6-billion.html

Texas Oil Production May Hit Record by 2020, Regulator Says

Texas Oil Production May Hit Record by 2020, Regulator Says
By Edward Klump

Texas is poised to more than double daily oil production by 2020, surpassing a 1972 record with surging output from the Eagle Ford shale and Permian Basin, the state’s petroleum regulator said.

http://www.bloomberg.com/news/2013-03-06/texas-oil-production-may-hit-record-by-2020-regulator-says.html