Kungsleden: Two Properties Divested for SEK 34 m

Regulatory News: Listed Swedish property company Kungsleden AB (publ) (STO:KLED) is selling two properties in Lidingö, outside Stockholm, and in Sollentuna, also outside Stockholm, for a total purchase price of SEK 34 m. These properties have gross leasable area of 3,501 sq.m., consisting of office, manufacturing and school accommodation. Total rental value is SEK 4,184 m and total property yield is 6.1%. The sales prices of the commercial and public... 

Owens Corning Increases Recycled Content in PINK Fiberglas(TM) Insulation to 40 Percent

At the Greenbuild International Conference and Expo in Boston, Mass., Owens Corning announced it has increased the certified recycled content in its flagship PINK Fiberglas(TM) insulation to a minimum of 40 percent. At this level of recycled content, the amount of waste glass diverted from landfills could form a two-lane glass highway that extends 1.3 times around the world(1). The certification, supplied by leading, independent third-party certifier... 

Popular Science Names Hurricane-Resistant Curtain Containing Honeywell Spectra(R) Fiber ‘Best of What’s New’

Honeywell announced today that Popular Science magazine has awarded a 2008 Best of What’s New Grand Award to hurricane-resistant curtains containing Honeywell’s high-strength Spectra® fiber. The curtains were named the top innovation in home technology. Honeywell’s Spectra fiber, commonly used in bullet-resistant body armor, enables the Storm-A-Rest(TM) curtains to protect windows and doors during hurricanes. Because it uses Spectra... 

Deep Down Announces 140% Increase in Revenues for the Third Quarter

Deep Down, Inc. announced unaudited results for the three months and nine months ended September 30, 2008, on Form 10-Q filed with the U.S. Securities and Exchange Commission. Revenue for the three months ended September 30, 2008 increased $6.8 million to $11.7 million, a 140% increase over the same three-month period in 2007. The increase in revenue included $8.5 million from the acquisitions of Mako and Flotation, while our historical service lines... 

LP CEO to Present at Bank of America 2008 Credit Conference on November 20

Louisiana-Pacific Corporation (LP) announced today that Chief Executive Officer Rick Frost will make a presentation at the Bank of America 2008 Credit Conference on Thursday, November 20, at approximately 8:30 a.m. (EST) in Orlando, Fla. Frost will provide insight on LP. The presentation will be webcast live. Interested parties are invited to listen and watch by using the link provided in the investor relations section of LP’s Web site (www.lpcorp.com).... 

Pentair Divests Spa and Bath Business, Further Concentrates on Pool Equipment Business

Pentair, Inc. announced that it has agreed to sell its Spa and Bath business to Balboa Water Group in a cash transaction. “This sale enables us to concentrate more fully on growth in our core global pool equipment business,” said Pentair Chairman and Chief Executive Officer Randall J. Hogan. “Pool equipment continues to be an attractive platform for Pentair, and we are focused on continuing to deliver industry-changing innovation, such as our... 

John Wilson Named as President and CEO of Quantapoint

Quantapoint (http://www.quantapoint.com) announced that John Wilson has been named President and Chief Executive Officer of Quantapoint. The selection was made by Quantapoint’s board of directors and by Eric Hoffman, the previous CEO, and is part of Quantapoint’s strategic growth initiative. Wilson succeeds Hoffman, who will remain as Founder, and will focus full-time on the ongoing development of Quantapoint’s innovative and award-winning laser... 

Georgia Gulf to Address Bank of America Credit Conference November 20

Paul Carrico, President and Chief Executive Officer and Greg Thompson, Chief Financial Officer, both of Georgia Gulf Corporation (NYSE: GGC – News), will address investors and analysts at the Bank of America Credit Conference on November 20, 2008 at 9:50 a.m. EST. An audio webcast and slides will be available at the time of the presentation and afterward in the Investor Relations section of www.ggc.com. Georgia Gulf Georgia Gulf Corporation... 

TexCote Introduces New Recycled Content for COOLWALL(R) System at Greenbuild 2008

TexCote, one of the largest exterior coating manufacturers in the world, refined the composition of its COOLWALL® System to make it even more environmentally-friendly and provide architects with additional LEED credits. The company will showcase this new formulation at booth #1047 at Greenbuild 2008 in Boston from November 19 to 21, 2008. The recycled composition of the COOLWALL® System is made of recycled glass material that gives architects the... 

Zareba Systems Announces Sale of Assets of Professional Series Automatic Gate Opener Product Line

Zareba Systems, Inc. announced that it sold substantially all of the assets of the Company’s professional series automatic gate operator product line to Amazing Gates of America, LLC for $739,000, plus the assumption of certain outstanding inventory purchase obligations of the Company. The purchase price was payable in cash of $200,000 at the closing, with the balance to be paid through a series of payments through December 2010. “The Company...