1. The company also expects to increase its sales in the aviation fuel nozzle servicing business. 2. Close attention to quality has helped Gas Turbine Fuel Systems to increase its flight fuel nozzle servicing business. 3. And many of the small retail, food and service businesses in Lower Manhattan that rely on local walk-in trade or telephone orders are struggling. 4. BankBoston sold its mortgage servicing business to HomeSide Inc., a joint venture with Barnett Banks Inc. and investment firm Thomas H. Lee. 5. KeyCorp of Cleveland sold its loan servicing business to NationsBank Corp. last week and Wachovia Corp. and Bank of New York both plan to get out of the business. 6. National Australia Bank is also considering a venture in the U.S. mortgage servicing business where costs are much lower than in Australia. 7. Since then, the start-up scene has accelerated, causing investor interest to shift from businesses selling to consumers to those servicing other businesses. 8. The Boston-based bank also sold its mortgage servicing business to HomeSide Inc., a joint venture with Barnett Banks Inc. and investment firm Thomas H. Lee. 9. The company was renamed and purchased by Continental Emsco, once a part of the former LTV Corp. and a leader in the oilfield services equipment business. |