Roberts Realty Investors, Inc. Increases Stock Repurchase Program To 300,000 Shares

Wednesday, December 3rd 2008

Roberts Realty Investors, Inc. announces that its Board of Directors has amended its stock repurchase program to authorize the company to repurchase up to 300,000 shares of its outstanding common stock. The company may repurchase shares from time to time by means of open market purchases and in solicited and unsolicited privately negotiated transactions, depending on availability, the company’s cash position and price. Charles S. Roberts, President... 

AmREIT Announces Plan to Privatize the Company by Discontinuing Trading of Shares on the NYX

Tuesday, December 2nd 2008

AmREIT a Houston-based real estate company that has elected to be taxed as a real estate investment trust, today announced that its Board of Trust Managers has approved the privatization of the Company through withdrawal of its Class A common shares from listing on the NYSE Euronext Exchange (“NYX”, formerly the American Stock Exchange). The company has filed with the NYX its notice of withdrawal of listing of its shares and intends to file with... 

India Globalization Capital, Inc. Announces Program for Early Exercise of Warrants to Purchase Common Stock

Tuesday, November 25th 2008

India Globalization Capital, Inc. a company developing infrastructure in India, announced today that the Company is offering the holders of all 22,609,000 outstanding, publicly traded warrants (“Public Warrants”) and of 1,190,000 warrants issued by the Company in private placements (the “Private Warrants” and collectively with the Public Warrants, the “Warrants”) the opportunity, for a limited time, to acquire shares... 

Dril-Quip, Inc. Adopts Stockholder Rights Plan

Tuesday, November 25th 2008

Dril-Quip, Inc. announced today that its Board of Directors has adopted a Stockholder Rights Plan (the “Rights Plan”) designed to protect the Company’s stockholders from coercive or unfair takeover techniques. Terms of the Rights Plan provide for a dividend distribution of one right (a “Right”) for each outstanding share of common stock to holders of record at the close of business on December 5, 2008. The Rights Plan... 

Providential Holdings Resets Date for Annual General Meeting

Tuesday, November 25th 2008

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... 

Lexington Realty Trust Announces Quarterly Dividend of $0.18 per Common Share and Targeted Common Share Dividend for 2009

Tuesday, November 25th 2008

Lexington Realty Trust announced that it declared a regular common share dividend/distribution for the quarter ended December 31, 2008 of $0.18 per common share/unit payable on January 15, 2009 to shareholders/unitholders of record on December 31, 2008. Lexington also declared dividends of $0.503125 per Series B Cumulative Redeemable Preferred Share, $0.8125 per Series C Cumulative Convertible Preferred Share, and $0.471875 per Series D Cumulative... 

Apartment Investment and Management Company Announces Results of Third Quarter 2008 Special Dividend Elections

Tuesday, November 25th 2008

Apartment Investment and Management Company announced today the results of the stockholders’ elections relating to Aimco’s third quarter 2008 special dividend declared by its Board of Directors on October 18, 2008. The special dividend of $1.80 per share of Class A Common Stock is payable on December 1, 2008, to stockholders of record on October 27, 2008. Aimco’s Class A Common Stock began trading “ex-dividend” for the... 

PRIMEDIA Notified by NYSE of Non-Compliance with a Continued Listing Standard

Tuesday, November 25th 2008

PRIMEDIA Inc. announced that it has received written notice from the New York Stock Exchange (the “NYSE”) that the Company does not satisfy one of the NYSE’s standards for continued listing applicable to the Company’s common stock. The NYSE noted specifically that the Company was “below criteria” for the NYSE’s continued listing standards because its average total market capitalization was less than $75 million over a 30 trading-day... 

Cavalier Names Tesney President and CEO

Tuesday, November 25th 2008

Cavalier Homes, Inc. announced that its Board of Directors has appointed Bobby Tesney President and Chief Executive Officer of the Company. In August, Tesney assumed these positions on an interim basis pending the retention of a permanent President and Chief Executive Officer. With this action, the Board has concluded its executive search. Commenting on the announcement, Barry B. Donnell, Chairman of the Board, said, “We are pleased with the... 

Proposal for Merger and Cash Distribution to MathStar Shareholders

Tuesday, November 25th 2008

PureChoice, Inc., a leading international developer and supplier of building performance software to the commercial building industry, announced that it has made a revised merger proposal to MathStar, Inc., which includes a $.75 per share cash distribution to the current MathStar shareholders. The merger offer was outlined Friday in a letter to the MathStar Board of Directors from Bryan Reichel, President and Chief Executive Officer of PureChoice....