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...
Fluor Corporation announced that it recently acquired two private engineering companies in Europe. The acquisitions include UNEC Engineering N.V. of Antwerp, Belgium, and Europea de Ingenieria y Asesoramiento (E.I.A.) of Tarragona, Spain. Both companies will become part of the European operations of Fluor’s Global Services business group. Financial details for these transactions were not disclosed. The E.I.A. and UNEC purchases are part of Fluor’s...
Mission West Properties, Inc. announces that its board of directors has authorized the Company to purchase up to $5 million of its common stock over the next 12 months. Repurchases will be conducted from time to time in the open market, subject to market conditions and other factors such as a determination that the Company believes the repurchase will be beneficial to stockholders. These repurchases may be commenced or suspended at any time or from...
To help home theater installers and contractors tame central wiring systems, Linear LLC, a market leader in home technology solutions for security, communications, and entertainment for over four decades, has developed the H275 Universal Mounting and Wire Management Bracket. The H275 provides 26 grid spaces for mounting Linear’s structured wiring modules. It can be mounted in any standard structured wiring enclosure that measures 14 inches or...
JRK Property Holdings, Inc. (“JRK”) announced a major multifamily property acquisition from Apartment Investment and Management Company (“AIMCO”) valued in excess of $285 Million. The acquisition was capitalized through a joint venture with JRK Birchmont Advisors, the private equity division of JRK. The portfolio, which represents the third joint venture with JRK Birchmont Advisors and the fourth transaction consummated with...
North American design firm Stantec announced it has offered to acquire Jacques Whitford, an environmental consulting services firm with more than 1,700 employees and 40 offices principally in Canada. The company’s trailing twelve month gross revenue is approximately C$230.0 million and net revenue is about C$170.0 million. The transaction, expected to be completed in January 2009, is subject to satisfactory due diligence, regulatory approvals,...
MeadWestvaco Corp. announced Mark Lewis has joined the MWV Community Development and Land Management Group as the new chief financial officer, effective November 10. In this role, Mr. Lewis will focus on enhanced strategic planning, as well as overseeing financial analysis, reporting, and operations and information systems support. “The Community Development and Land Management group is growing a sustainable real estate business and providing sustainable...
Anything Brands Online, Inc. announced that its Tradesman Tool division has greatly expanded its revenue projections for 2009 through the launch of a national dealer network. Tradesman Tool, an Online Retailer of Automotive & Industrial Tools & Equipment, sets its plan in motion to establish a group of 100 independent dealers throughout the U.S. Targeted sales for each dealer will be based upon market size and economic conditions of each...
Nexia Holdings, Inc. announced that its subsidiary Wasatch Capital Corporation closed upon the sale of the Wallace/Bennett Buildings located at 59 West 100 South, Salt Lake City, Utah. The total sales price was $2,150,000. Wasatch owed approximately $1,145,000. CEO Richard Surber stated, “The sale of the historic property will provide much needed liquidity to propel Nexia forward with its future plans. The cash proceeds may be spent to accomplish...
The Contour Lounge Chair by Murillo
Murillo, the Philippines based manufacturer has been involved in manufacturing furniture and...
Contemporary Office Designs from Triple Five Design
Looking for modern interior inspiration for your office, here we got some preview of the contemporary...
The Gallery House designed by architect Richard Librach
Today’s modern house inspiration is coming from Richard Librach Architect, Toronto-based...
The Riedel Amadeo Decanter from Williams-Sonoma
Williams-Sonoma, the company that serves cookware, cooks stool, cutlery, electrics, bakeware,...
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