ARCADIS, the international consulting, design, engineering and management services company, announced today that it will modernize the safety system for the Rotterdam subway network. The company, commissioned by U.S. corporation General Electric (GE), will design and test the safety system and manage the migration from the old to the new system. GE will deliver the software and the installation. GE is working on behalf of Rotterdam Electric Tram company...
LandAmerica Financial Group, Inc. announces that the merger agreement previously executed on November 7, 2008 with Fidelity National Financial, Inc. (“Fidelity”) has been terminated. Under the agreement, Fidelity had sole discretion to terminate on or before November 21, 2008. LandAmerica Chairman and Chief Executive Officer Theodore L. Chandler, Jr. said, “We are disappointed with Fidelity’s decision; however, our attention...
Van der Moolen Holding N.V. (“Van der Moolen”) and Global Securities Finance Solutions Holding B.V. (“GSFS”) have the intention to integrate the activities of GSFS in Van der Moolen. Today at the end of business a letter of intent has been signed. Van der Moolen will participate in GSFS AM for 49.9% stake and for 33.3% stake in GSA. According to expectation all this will have a positive impact on the earnings per share of Van...
Pulte Homes, Inc. announced today that it has amended its existing unsecured revolving credit facility. This amendment decreases the facility size to $1.2 billion and makes modifications to certain financial covenants and definitions that provide Pulte Homes with greater flexibility. The maturity date of June 2012 remains unaffected. “The amended revolving credit facility is reflective of the current operating environment facing the housing...
The American Hardware Manufacturers Association (AHMA) announced it will present a one and one half day program on the Essentials of Supply Chain Management during the 2009 AHMA Hardlines Technology Forum at the Lowes Philadelphia Hotel in downtown Philadelphia, Pennsylvania. This event will be begin Tuesday morning, April 21, 2009, and will finish with attendees participating in the extremely popular HTF Buyer Panel on April 22nd. The program promises...
China Advanced Construction Materials Group, Inc. a leading provider of ready-mix concrete in China, today announced the hiring of Gene Hsiao, CPA, as Chief Financial Officer and Vice President of Finance. Mr. Hsiao has extensive experience in both finance and management positions. Prior to joining China ACM, Mr. Hsiao was the Director of Finance and Consulting Manager at Milligan & Company, LLC, where he was responsible for audit and compliance...
The Port of Los Angeles will award an estimated $383.7 million in construction contracts by year-end, fueling a surge of construction activity that will create thousands of jobs in the region. The more than $383 million in future spending related to these projects will support over 6,000 regional jobs. At present, 18 multi-year construction projects are underway at the port, totaling approximately $148 million and supporting an estimated 2,516 total...
ZipRealty, Inc. (Nasdaq: ZIPR ) announced that Lanny Baker has agreed to join the Company and will assume the role of Chief Financial Officer of the Company, effective December 1, 2008. David Rector, Senior Vice President, Chief Accounting Officer, and Chief Financial Officer, will remain with the Company as Senior Vice President and Chief Accounting Officer. Mr. Rector has been with ZipRealty since 2002 and has served in the role of Chief Accounting...
Ply Gem Industries, Inc. announced that it intends to close its Hammonton, New Jersey and Phoenix, Arizona window and door manufacturing facilities that combined employ approximately 306 employees. Ply Gem is one of the country’s leading manufacturers of residential exterior building products. Gary E. Robinette, President and Chief Executive Officer of Ply Gem, said, “This action was difficult in that it impacts a number of our employees,...
InnVest Real Estate Investment Trust (“InnVest” or the “Trust”)(TSX:INN.UN) announced today that it has declared a distribution of $0.0625 per unit payable on December 15, 2008 to Unitholders of record as at the close of business December 1, 2008. The November distribution represents a one third reduction from monthly distributions of $0.09375 per unit that have been paid since the Trust’s inception in 2002. “InnVest...
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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