Consolidated-Tomoka Land Co. (Amex: CTO; NYSE Alternext US: CTO) (the “Company”) announced that its Board of Directors has authorized a program to repurchase shares of the Company’s common stock having an aggregate value of up to $8,000,000. The Company anticipates reducing its quarterly dividend to $0.025 per share, effective for the 2009 first quarter dividend to fund the program. William H. McMunn, President and Chief Executive...
Wealthy U.S. consumers report that owning a vacation home is the item they most desire, and taking exotic vacations is their most sought-after luxury experience, according to a Luxury Institute survey of U.S. consumers with average household income of $332,000 and average net-worth of $3.3 million. The study was developed with Resonance Consultancy Ltd. According to the survey, wealthy U.S. consumers place more importance on experiences such as owning...
Coulomb Technologies announced it will provide the first smart charging infrastructure installation base for new and existing alterative fueling stations within California for extended range electric vehicles (EREV), plug-in hybrid electric vehicles (PHEVs) and all battery electric vehicles (BEVs). Largely powered by solar electric panels, these new and existing alternative fueling stations are considered the wave of the future and will sell several...
Pall Corporation , a global leader in filtration, separation and purification systems and technologies today announced that its shareholders elected Ronald Hoffman, CEO of Dover Corporation , to its board of directors, effective immediately. The announcement came at the Company’s annual meeting of shareholders held today at the Long Island Marriott in Uniondale, New York. Dover Corporation, with over $7 billion in annual revenues, is a global...
Teles Properties, Los Angeles’ fastest-growing residential real estate agency, celebrates its one year anniversary with the addition of yet another top-producing agent. As the brokerage bucks the industry trend with an expansion into Brentwood, Teles Properties welcomes agent Carol Whitley to its burgeoning team of seasoned, local market realtors. “As we reflect on our first year in business, to say that we’re elated with our progress would...
Masonite International Inc. announced that Fred Lynch, President and Chief Executive Officer of Masonite, has been appointed to the Board of Directors of Masonite International Inc. and its principle U.S. and Canadian operating companies. Mr. Lynch replaces Scott Nuttall, who has resigned from the Board. Lynch joined Masonite in July 2006 as President and was appointed Chief Executive Officer in May 2007. He began his career with Allied Signal (now...
The Board of Directors of Parsons Corporation announced today that Charles L. (Chuck) Harrington has been unanimously elected Chairman, replacing the retiring James F. McNulty. This move is consistent with the Board’s succession plan. Both actions were effective November 11, 2008. McNulty will remain on the Board of Directors. Mr. Harrington, 49, joined Parsons in 1982 as an engineer and progressed through project management of large programs for...
Cousins Properties Incorporated announced that its Board of Directors has declared a regular quarterly cash dividend of $0.25 per share, or $1.00 per share on an annualized basis, payable December 22, 2008, to common stockholders of record on December 8, 2008. The fourth quarter 2008 common stock dividend is $0.12 per share lower than the third quarter 2008 common stock dividend. “Cousins is not under stress from debt commitments or loan maturities,...
Although real estate development has stagnated in most parts of the country, it’s moving ahead rapidly on Jekyll Island, Georgia. In October, the board of directors for the Jekyll Island Authority approved revitalization plans for the island paradise, and this week Jekyll Oceanfront Resort becomes the first redeveloped condominium hotel to open its doors to owners and guests on this state-owned barrier island. ADVERTISEMENT “During the...
In a move to build upon its achievements and further accelerate growth , Dolce Hotels and Resorts, a meetings-focused hospitality company based here that manages 23 hotels, resorts and meetings centers in the United States, Canada and Europe, has appointed industry veteran Steven A. Rudnitsky as president and chief executive officer, effective Dec. 8. Rudnitsky, who recently stepped down as president and chief executive officer of Wyndham Worldwide’s...
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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