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... 

Eurocastle Investment Limited and Subsidiaries

Monday, November 24th 2008

Eurocastle Investment Limited (“the Company”) primarily owns and invests in German commercial property. The Company and its subsidiaries (“the Group”) has Euro denominated shares which are currently listed on Euronext Amsterdam, under the symbol “ECT” and on the Frankfurt Stock Exchange, under the symbol “EUI1″. Eurocastle is managed by an affiliate of Fortress Investment Group LLC. For more information... 

USG Corporation Announces Agreement to Sell $400 Million of Contingent Convertible Senior Notes

Saturday, November 22nd 2008

USG Corporation, a leading building products company, reported that it has entered into an agreement to sell a total of $400 million of 10 percent contingent convertible senior notes due 2018, $300 million to Berkshire Hathaway Inc. and $100 million to Fairfax Financial Holdings Limited. The notes will initially bear interest at a rate of 10 percent per annum. In accordance with New York Stock Exchange rules, USG will seek shareholder approval to... 

Thornburg Mortgage Announces Successful Completion of Exchange Offer and Consent Solicitation for All Series of Preferred Stock

Saturday, November 22nd 2008

Thornburg Mortgage, Inc. announced today that it has successfully completed the Exchange Offer and Consent Solicitation for all series of its outstanding preferred stock that expired on November 19, 2008. Shareholders who participated in the Exchange Offer and Consent Solicitation received 3 shares of the company’s common stock for each share of preferred stock validly tendered and accepted. The company issued 126,260,109 shares of common stock... 

Ski-in, Ski-out Crystal Peak Lodge Becomes Luxurious Cornerstone of Breckenridge Resort’s New Peak 7 Base Village

Saturday, November 22nd 2008

One of the most popular ski and snowboard resorts in North America, Breckenridge Resort, Colo., is unveiling a new base village area this winter that features luxurious ski-in, ski-out accommodations and skier services. The Crystal Peak Lodge, opening today, is the centerpiece of Breckenridge Ski Resort’s new Peak 7 base village, which features a Mediterranean-themed dining experience at Sevens restaurant, a ski and ride school, a rental and... 

Freddie Mac Receives NYSE Notification on Continued Listing

Friday, November 21st 2008

Freddie Mac reported in a filing with the Securities and Exchange Commission (SEC) that the company has been notified by the New York Stock Exchange (NYSE) that it has failed to satisfy one of the NYSE’s standards for continued listing of its common stock. The NYSE advised the company that it was below the exchange’s price criterion for common stock because the average closing price of Freddie Mac’s common stock over a consecutive... 

Beazer Homes USA, Inc. to Webcast Fourth Quarter Financial Results Conference Call on December 2, 2008

Friday, November 21st 2008

Beazer Homes USA, Inc. (NYSE: BZH ) (www.beazer.com) has scheduled the release of its financial results for the quarter and year ended September 30, 2008 on December 2, 2008, before the open of the market. The Company will hold a conference call on the same day at 11:00 AM ET to discuss the results. You may listen to the conference call and view the Company’s slide presentation over the internet by going to the “Investor Relations”... 

General Growth Announces Extension of Rights Agreement

Friday, November 21st 2008

General Growth Properties, Inc. (NYSE: GGP ) announced it has extended the expiration date of its Rights Agreement to November 18, 2010. The Rights Agreement was originally adopted with an expiration date of November 18, 2008. In connection with this extension, the purchase price of each right issued under the Rights Agreement was changed from $148 to $105. As a result, the holder of each right is entitled to purchase one-third of one one-thousandth...