Bio Base Europe is granted €21 million to become the first open innovation and education center for the biobased economy in Europe

On December 12, Europe, Flanders and The Netherlands have joined forces within the framework of an Interreg IV project and allocated €21 million to Bio Base Europe. Bio Base Europe is the largest Interreg project ever granted to the Dutch-Flemish border region. Bio Base Europe will build research and training facilities for biobased activities, in order to speed up the development of a sustainable biobased economy in Europe. Bio Base Europe is... 

YRC Worldwide Announces Plans to Commence Tender Offer for Senior Notes

YRC Worldwide Inc. announced further plans to reduce debt and improve earnings by commencing a tender offer to purchase its 5% and 3.375% contingent convertible senior notes due 2023 and its 8.5% senior notes due 2010 for up to $100 million in cash. The company had previously drawn on its senior credit facility to fund the purchases. Based on the set offer prices and assuming sufficient participation, the company expects to purchase at least $230... 

Primoris Services Corporation to Present At FBR Capital Markets Fall Investor Conference

Primoris Services Corporation one of the largest specialty contractors and engineering companies in the United States, today announced that it is scheduled to present at the FBR Capital Markets Fall Investor Conference. This event will take place at The Grand Hyatt Hotel in New York City. Primoris is scheduled to present on Tuesday, December 2, 2008 at 10:00 AM Eastern Time. The presentation will also be broadcast live and replayed for 90 days over... 

Stantec Makes Offer to Acquire Environmental Consulting Firm Jacques Whitford

North American design firm Stantec announced it has offered to acquire Jacques Whitford, an environmental consulting services firm with more than 1,700 employees and 40 offices principally in Canada. The company’s trailing twelve month gross revenue is approximately C$230.0 million and net revenue is about C$170.0 million. The transaction, expected to be completed in January 2009, is subject to satisfactory due diligence, regulatory approvals,... 

Eurocastle Investment Limited and Subsidiaries

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... 

MSB, Enservio Link Speeds Contents Claim Processing

Property insurance information provider MSB and contents valuation provider Enservio deliver good news to the property insurance industry. Today the companies announce an alliance for delivering contents valuations for property claims through electronic integration between MSB’s IntegriClaim® property claim estimating solution and Enservio’s contents claims management process. Property insurers leveraging IntegriClaim’s Administrator... 

Pasal Development: Consolidated Earnings After Taxes of EUR 2.6 mn for the 9M 2008

PASAL Development S.A. announces that consolidated earnings after taxes and minority interest for the 9M 2008 amounted to 2.6 mn euro compared to 6.0 mn euro in 2007. Earnings before interest, taxes, depreciation and amortization (EBITDA) amounted to 3.5 mn euro compared to 10.1 mn euro in 2007, while consolidated earnings before taxes amounted to 1.3 mn euro compared to 8.6 mn euro the respective period of last year. The reduction is mainly due to... 

ZipRealty Appoints Lanny Baker as Chief Financial Officer

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... 

Bill Hood Appointed Office Principal in Bakers Cary Office

Michael Baker Engineering, Inc., an engineering unit of Michael Baker Corporation (NYSE Alternext US:BKR) announced that Bill Hood, P.E., RLA, LEED AP, has been appointed office principal for Baker’s Cary, North Carolina, office. He will be responsible for operations management, office administration, financial management, project oversight and business development for all of Baker’s activities in Cary. Hood’s extensive experience with... 

T. Rowe Price Introduces Two New Global Strategies

T. Rowe Price (Nasdaq: TROW ) has expanded its global investment opportunities by launching the Global Large-Cap and Global Real Estate strategies. Individual and institutional investors can invest in the strategies through a retail fund and institutional strategy. Additionally, Advisor Class shares are available through financial intermediaries. The Global Large-Cap and Global Real Estate strategies will employ the firm’s demonstrated expertise...