Hilton Hotel Owners Spend More Than $131 Million Upgrading 11 Hotels in Central U.S.

Hilton Hotels & Resorts, Hilton Hotels Corporation’s global brand of upscale, full-service hotels, today announced that eleven of its Hilton brand hotels in the central United States are in the process of completing renovations, which combined are valued at more than $131 million. These projects are part of an ongoing initiative by the Hilton brand to upgrade its facilities and guest accommodations in order to exceed guest expectations for... 

Tag: hilton hotel ownership awards, the owner of hilton hotels, hilton hotels owners lives, hilton otel million, focus of hilton hotels

American Woodmark Corporation Announces Second Quarter Conference Call on the Internet

American Woodmark Corporation will provide an on-line, real-time webcast of its conference call to discuss second quarter results on Tuesday, November 25, 2008. The live broadcast of American Woodmark Corporation’s conference call will be available on-line at: on November 25, 2008, beginning at 11:00 a.m. (Eastern Time). The on-line replay will follow immediately and continue for 30 days. A telephonic replay will be available from 2:00 p.m.... 

Omnicare Declares Quarterly Cash Dividend

The Board of Directors of Omnicare, Inc. (NYSE:OCR ), a leading provider of pharmaceutical care for the elderly, declared today a quarterly cash dividend of 2.25 cents ($0.0225) per share on its common stock. The dividend is payable December 19, 2008 to stockholders of record on December 5, 2008. Omnicare, Inc. (NYSE:OCR), a Fortune 500 company based in Covington, Kentucky, is a leading provider of pharmaceutical care for the elderly. Omnicare serves... 

Here Comes the Sun: GE Consumer & Industrial to Develop Innovative Line of Solar Water Heaters

GE Consumer & Industrial, the first U.S. company to meet newly established ENERGY STAR® standards for residential water heaters, announced today that they are developing a line of innovative solar water heaters that are designed to meet the 2009 Energy Star guidelines. These water heaters will be the first products to benefit from a new Solar Lab at GE Appliance Park in Louisville, Kentucky. The Innovation Team of GE Consumer & Industrial... 

Home Prices Rise in Some Metros, Buyers More Active in Other Areas

Four out of five metropolitan areas recorded lower home prices in the third quarter from a year earlier, while existing-home sales fell in 32 states from the second quarter, according to the latest quarterly survey by the National Association of Realtors®. In the third quarter, 28 out of 152 metropolitan statistical areas(1) showed increases in median existing single-family home prices from the same quarter in 2007; four were unchanged and 120 metros... 

Hovnanian Enterprises Presentation at the Bank of America 2008 Credit Conference to be Webcast Live

Hovnanian Enterprises, Inc. a leading national homebuilder, announced that senior management will be presenting at the Bank of America 2008 Credit Conference on Friday, November 21, 2008 at 10:30 a.m. ET. The presentation will be webcast live through the “Investor Relations” section of Hovnanian Enterprises’ Web site at http://www.khov.com. It is suggested that participants access the webcast event page at least five minutes before... 

Stonegate Mortgage Corporation Hires Cori Drudge as Loan Originator

Stonegate Mortgage Corporation is pleased to announce the hiring of Cori Drudge as a Loan Originator for their Fishers, Indiana office. Prior to joining Stonegate Mortgage, Mr. Drudge was the former President of The Mortgage Shop, specializing in new home purchases, new construction, and financial analysis for refinance transactions. Cori will be actively involved in mortgage loan production at Stonegate Mortgage Corporation. “Cori is a great... 

Tag: stone mortgage corporation fishers indiana, steve landes mortgage, cori drudge

Merger to Create Ohio’s Largest Affordable Housing Owner-Manager Firm

In a move that will create the state’s largest owner and manager of affordable housing, The Wallick Companies, Columbus, and Stern-Hendy Properties, Cincinnati, announced today the merger of the firms’ operations. It is expected to be complete by December 31. The merger results in growing the combined portfolio to more than 12,000 units. Currently Stern-Hendy manages 4,000 units in southwest Ohio and northern Kentucky, and Wallick manages... 

DJM Realty to Dispose of All Remaining Linens ‘n Things Retail Store Leases and Distribution Centers in the U.S.

DJM Realty, a Gordon Brothers Group Company, announced that it has been selected to manage the national disposition of the remaining Linens ‘n Things 371 retail store leases and 3 distribution centers. The home furnishings specialty retailer Linens ‘n Things operated 551 U.S. locations in the beginning of 2008. On May 2, 2008, Linens ‘n Things filed to reorganize under Chapter 11 and since then DJM Realty has been disposing of the... 

Tag: linens and things surplus real estate, linens and things disposition

Baker to Conduct Bridge Type Study for New Kentucky Bridge

Michael Baker Jr., Inc., an engineering unit of Michael Baker Corporation, has been awarded a $1.1 million contract to conduct a Bridge Type Study for a new bridge to replace the existing U.S. 421 bridge over the Ohio River between Milton, Kentucky, and Madison, Indiana. Additionally, Baker will analyze and provide a rehabilitation report for the existing truss bridge. Baker is performing this work as a subcontractor to Wilbur Smith Associates for...