Question-and-Answer SessionOperator Thank you. Operator instructions Our first question will come from Robert Dodd from Morgan, Keegan. Robert Dodd -- Morgan, Keegan & Company Hi guys. A couple of housekeeping ones first and then inaudible one. On Gas Solutions, can you give us what was the dividend...
Question-and-Answer SessionOperator Thank you. Operator Instructions The first question is from Brian Ruttenbur of Morgan Keegan. Please go ahead. Brian Ruttenbur - Morgan Keegan Thank you. I had a question about the Asian joint venture, what’s the timing of that and can you give us an update on that?...
Question-and-Answer SessionOperator Thank you. Operator instructions We will go first with Brian Ruttenberg with Morgan Keegan. Brian Ruttenberg – Morgan Keegan Thank you very much. First of all, the cash drop in the period, was that due to higher receivables or what was going on in the...
Question-and-Answer Session Operator Operator instructions We’ll take our first question with John Gwynn with Morgan Keegan, please go ahead. John Gwynn – Morgan Keegan Joe, Gary mentioned that his intuitive response to the large losses in the first quarter is that this is one the fluctuations you...
Question-and-Answer SessionOperator Operator Instructions Our first question comes from the line of Harsh Kumar with Morgan Keegan. Please go ahead. Harsh Kumar - Morgan Keegan Hi, guys. It's Harsh Kumar. A couple of quick questions, Bob, for you. I think your revenues were a little shy of street. Can...
Question-and-Answer SessionOperator Operator Instructions. Your first question comes from the line of Bob Derrington with Morgan Keegan. Bob Derrington - Morgan Keegan Yeah. Thank you. Sandy, could you clarify a couple of points for us for a second? The remodel program that you talked about for...
Executives of Omni Energy Services presented at the annual Morgan Keegan Energy Conference on Monday. A provider of seismic drilling, permitting, and survey services to geophysical companies operating onshore along the Gulf of Mexico, the company is expanding its land-based drilling offerings via acquisition. But is management up to the...
COLUMBIA, Md. -- Corporate Office Properties Trust COPT (NYSE:OFC) announced today that it plans to sell 2,000,000 shares of newly issued common shares in an underwritten public offering pursuant to its effective shelf registration statement previously filed with the Securities and Exchange Commission. The underwriters will be granted...
Byline: MILES MORGAN Son Of Samurai, Customs House, South Shields, until tomorrow. WHILE teaching English in Japan, the wife of writer Trevor Wood dreamed up the idea of a play revolving around a Byker shoe salesman discovering he was the descendent of a samurai warrior. ...
CHICAGO -- Aviv REIT, Inc. announced today that it has filed a registration statement relating to the proposed initial public offering of its common stock with the U.S. Securities and Exchange Commission. The number of shares to be offered and the price range for the offering have...
JUNO BEACH, Fla. -- FPL Group Capital, Inc. today announced the sale of $250 million principal amount of five-year debentures bearing interest at 5.35 percent per year and maturing June 15, 2013, and the sale of $250 million principal amount of three-year floating rate debentures bearing interest...
HOUSTON -- Boardwalk Pipeline Partners, LP (NYSE:BWP) today announced that it has priced a public offering of 10,000,000 common units representing limited partner interests at a price of $25.30 per unit. Boardwalk expects the offering to close on June 16, 2008. Boardwalk will receive net proceeds after...
NEWTON, Mass. -- Senior Housing Properties Trust (NYSE: SNH) today announced that the underwriters of its recent equity offering have exercised their over-allotment option in full to purchase 2,550,000 additional common shares of beneficial interest. The sale price of these shares will be $21.09 per share, less...
WILMINGTON, Del. -- General Motors Corp. officially blew up its old business model Tuesday, closing four pickup truck and sport utility vehicle factories, announcing a new small car that could get 45 miles per gallon and shedding 8,350 jobs in the process. Now...
Any hope that financial services companies had hit their lowest levels and were poised to start growing again was scuttled Monday when a credit-rating agency downgraded three large investment banks, and two big commercial banks stripped their CEOs of duties. In a move that raised concerns...
NEWTON, Mass. -- Senior Housing Properties Trust (NYSE: SNH) today announced that it has commenced a proposed public offering of 10,000,000 common shares. SNH expects to use the net proceeds to repay debt and for general business purposes, including funding acquisitions. It is contemplated that the underwriters will also be...
Kay Wade has been promoted to vice president of Morgan Keegan & Co. Inc. in Little Rock. Also, Don Brewington, Myra Rollans and Janiece Saunders have been promoted to associate vice presidents of the company...
GMAC Taps De Molina as CEO GMAC LLC, the auto and home lender formerly owned by General Motors Corp., named Alvaro De Molina chief executive officer to replace Eric Feldstein. Feldstein, who had led GMAC since 2002, will join Cerberus Capital Management LP, the private equity group...
MONTGOMERY, Ala. -- The Colonial BancGroup, Inc. (NYSE: CNB)announced today it has completed the previously announced public offering of 43.7 million shares of its common stock at $8.00 per share for total gross proceeds of $350 million. All of the shares were sold directly by Colonial. The number of shares...
MONTGOMERY, Ala. -- The Colonial BancGroup, Inc. (NYSE: CNB) today announced that it will issue 25 million shares of its common stock in an underwritten registered offering. Colonial has granted the underwriters a 30-day option to purchase up to an additional 3,750,000 shares of common stock to cover over-allotments. Net...
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