
Jan David Winitz, founder and president of Claremont Rug Company, today announced an exhibition of rare, 19th century art-level rugs created by tribal weaving groups in the Caucasus Mountain region of Asia. The collection of 150 rugs will be available for viewing at the Gallery, located at 6087 Claremont Avenue in Oakland, starting Thursday, February 11. A selection of 95 of the rugs can also be accessed in a special section on the Claremont website. Long-noted...

A joint venture comprised of affiliates of Glenmont Capital Management, LLC and Resolution Services LLC announced today its acquisition of the Sheraton Orlando Downtown from the property’s lender. With 341 rooms and 20,000 square feet of meeting space, the hotel is Orlando’s largest downtown hotel. Well situated in the heart of downtown, the property is also only a short drive from Universal Studios and conveniently located directly off Interstate...

Equity One, Inc., an owner, developer, and operator of shopping centers, announced today it has closed on the purchase of a 22-acre property on Long Island, New York. The site, the former world headquarters for Avis Rent A Car, is adjacent to Equity One’s Westbury Plaza, a 400,000 square foot shopping center located in one of the most productive retail regions in the country. Equity One acquired Westbury Plaza, which is anchored by Wal-Mart and...

Constellation Energy (NYSE:CEG) today announced that its subsidiary, Constellation Energy’s Projects & Services Group, will construct a photovoltaic power system that will generate approximately 525 kilowatts of clean, renewable solar power at Patriot Place, the 1.3-million-square-foot entertainment, retail and dining destination adjacent to Gillette Stadium in Foxborough, Mass. The system will supply approximately 30 percent of Patriot Place’s...

While many retailers are contracting or limiting expansion, 7-Eleven is aggressively growing and expects to add more than 200 new stores this year. Plans call for the company to accelerate store development over the next several years through organic growth, acquisitions and its Business Conversion Program. 7-Eleven has a multi-pronged approach to growth that includes in-line, end-cap space in shopping centers, freestanding stores, urban locations...

Franklin Electric, a global leader in the production and marketing of water and fuel pumping systems, takes bold steps into the competitive water gardening industry. The financially strong, US-based company is investing heavily to prove their commitment to growing the water gardening and outdoor living markets while providing energy efficient and environmentally safe products. In less than three years, Franklin Electric acquired two respected industry...
Stantec has filed the complete transcript of the November 24, 2008 conference call with analysts discussing Stantec’s offer to acquire Jacques Whitford on Sedar and Edgar. The archived webcast of the call and the transcript are also available in the Investors section of www.stantec.com in the Events Calendar. You may also contact Stantec for a copy of the transcript. Stantec provides professional consulting services in planning, engineering,...
Providential Holdings, Inc. a company engaged in mergers and acquisitions, real estate development, mining, and investing in special situations, today announced that the annual general meeting of the corporation for the year 2008 will be changed to January 30, 2009 at 02 o’clock P.M., Pacific Standard Time, at the Company’s principal offices located at 17011 Beach Blvd., Huntington Beach, CA 92647, U.S.A., instead of December 08, 2008...
D.R. Horton, Inc. America’s Builder, today reported results for its fourth quarter and fiscal year ended September 30, 2008. Home sales revenue for the fourth quarter of fiscal 2008 totaled $1.5 billion on 6,961 homes closed, compared to $3.0 billion on 11,733 homes closed in the same quarter of fiscal 2007. Land and lot sales revenue in the fourth quarter totaled $209.2 million, compared to $154.8 million in the same quarter of fiscal 2007. Approximately...
Most Home Corp. announced it has entered into a non-binding letter of intent with DataVision Inc., of Mishawaka, Indiana, to sell all or substantially all of the operating assets of its wholly owned subsidiary, Netupdate Inc., a developer of leading technologies for mortgage lenders. The parties to the letter of intent expect to enter into a definitive agreement, subject to customary due diligence, on or about January 1, 2009. The sale of Netupdate...