Friedman, Billings, Ramsey Group Receives Listing Standards Notice from the NYSE

Friedman, Billings, Ramsey Group, Inc. announced that on November 4, 2008, it was notified by the New York Stock Exchange (NYSE) that it was not in compliance with an NYSE continued listing standard in that the average price of its stock had fallen below $1.00 per share for a consecutive 30 trading-day period. FBR Group intends to cure the deficiency and is exploring alternatives for curing the deficiency and restoring compliance with this continued... 

Viper Networks Announces Enhanced Business Strategy

Viper Networks, Inc. announced that its management and Board of Directors are implementing a new corporate strategy to take effect immediately that commits the Company to expanding operations and investments in key areas, including: technology, real estate and construction and energy. The Company also announced today that it has filed and had accepted an extensive application to gain legal charter for operating in Saudi Arabia, commencing with large-scale... 

Peab Expands Biologicentrum in Lund

Peab has been commissioned to carry out the rebuilding and extension of Biologicentrum in Lund. The customer is Akademiska Hus and the contract is worth SEK 83 million. Biologicentrum is a research unit at the University of Lund. Work has already begun and it is expected to be completed in May 2010. This information is such that Peab AB is obliged to publish in accordance with Swedish law regarding the securities market and/or the Financial Instruments... 

Glancy Binkow & Goldberg LLP, Representing Preferred Shareholders of Thornburg Mortgage, Inc., Announces Class Action Lawsuit and Seeks to Recover Losses

Notice is hereby given that Glancy Binkow & Goldberg LLP has filed a Class Action lawsuit in the United States District Court for the District of New Mexico on behalf of a class (the “Class”) consisting of all those persons who tendered shares of Thornburg Series C, D, E or F Preferred Stock of Thornburg Mortgage, Inc. pursuant to the Tender Offer originally launched on July 23, 2008, and the definitive proxy statement filed with... 

Kite Realty Group Trust Prices Offering of 4,750,000 Common Shares

Kite Realty Group Trust announced the pricing of its public offering of 4,750,000 newly issued common shares at $10.55 per share. The offering was increased in size from the originally contemplated 3,000,000 shares. The Company has granted the underwriters an option to purchase up to an additional 712,500 shares during the next 30 days to cover over-allotments, if any. The Company estimates that the net proceeds from this offering, before offering... 

Skanska to Expand Refinery in Brazil For USD 50 M, about SEK 310 M

Skanska (STO:SKAB) has secured a contract to build a Sulfur Recovery Unit (SRU) and a Tail Gas Treatment Unit (TGTU) at Capuava refinery (RECAP) in São Paulo, Brazil. The total contract value is USD 125 M. Skanska’s share is 40 percent, USD 50 M, about SEK 310 M, which is included in order bookings for the third quarter. The customer is RECAP, an oil refinery owned by the Brazilian oil company Petrobras, that is one of Skanska’s repeat customers... 

Omega Healthcare Announces Public Offering of 6,000,000 Shares of Common Stock

Omega Healthcare Investors, Inc. announced an underwritten public offering of 6,000,000 shares of its common stock. The last reported sale of Omega’s common stock on the New York Stock Exchange on September 15, 2008 was $17.23. Omega expects to use the proceeds to repay indebtedness outstanding under its senior credit facility, for working capital and general corporate purposes. Completion of the offering is subject to customary closing conditions....