Headline of release should read Golf Trust of America, Inc. Announces Stock Repurchase Program (sted Golf Trust of America, Inc. Announces Stock Purchase Program). Golf Trust of America, Inc. announced today that its Board of Directors authorized the repurchase of up to $500,000 in shares of the Company’s common stock. “During this period of extreme market volatility, our strong balance sheet and surplus liquidity allow us to enhance shareholder...
Headline of release should read Golf Trust of America, Inc. Announces Stock Repurchase Program (sted Golf Trust of America, Inc. Announces Stock Purchase Program). GOLF TRUST OF AMERICA, INC. ANNOUNCES STOCK REPURCHASE PROGRAM Golf Trust of America, Inc. announced that its Board of Directors authorized the repurchase of up to $500,000 in shares of the Company’s common stock. “During this period of extreme market volatility, our strong...
AMB Property Corporation a leading global developer and owner of industrial real estate, announced steps taken to further strengthen the company’s financial position and to address the subject of liquidity and financial condition. “As we discussed during our third quarter call, AMB’s priorities are: first, our balance sheet; second, controlling expenses; and third, managing the business for the long term. We believe we are well-positioned...
Trikona Group, which contributes to the growth of India by creating new asset classes around real estate and infrastructure, today announced that Michael B. McCook, former senior investment officer of real estate for the California Public Employees Retirement System (CalPERS), has joined Trikona Group as one of three senior advisors. Mr. McCook will advise the fund management division of the Trikona Group, having spent over 20 years in senior executive...
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...
Eastern Light Capital, Incorporated. a specialty lender organized as a real estate investment trust (“REIT”), announced net income of $5,244 ($0.01 basic and diluted per share) for the three months ended September 30, 2008, as compared to net loss of $764,368 (($2.01) basic and diluted) for the like period in 2007. ELC also reported net income of $16,610 ($0.04 basic and diluted per share) for the nine months ended September 30, 2008 as...
Microfluidics International Corporation announced today that the Company has secured $5.0 million of financing via a convertible debenture from a strategic investor. “This financing provides significant working capital to support the Company’s strategic plan for growth, including research and development initiatives to bring new products and services to the market for our customers,” said Michael C. Ferrara, President and Chief Executive Officer...
Boardwalk REIT announced that Chairman and Chief Executive Officer Sam Kolias and President Rob Geremia will attend the 2008 NAREIT Annual Convention to be held November 19-21, 2008 at the Manchester Grand Hyatt, One Market Place in San Diego, CA. Corporate Profile Boardwalk REIT is Canada’s largest owner/operator of multi-family rental communities. Boardwalk REIT currently owns and operates in excess of 260 properties with 36,785 units totalling...
Corrections Corporation of America, the nation’s largest provider of corrections management services to government agencies, announced today that its board of directors has approved a stock repurchase program to repurchase up to $150 million of the Company’s common stock. This program is intended to be implemented though purchases made from time to time in the open market or in privately negotiated transactions, in accordance with Securities...
San Jose Mayor Chuck Reed at a press conference today announced that the inaugural San Jose Prize for Green Vision Innovation will be awarded to the 2008 California Clean Tech Open winners. Announced last night at the Clean Tech Open’s third annual awards gala, the winners and runners up include: Over the Moon Diapers, Viridis Earth, BottleStone, Focal Point Energy, Power Assure, ElectraDrive, Porifera, NexChem, GroundSource Geo, Solar Red,...