Archive for July, 2007

TLCVision to Release Second Quarter 2007-Financial Results August 9

Monday, July 16th, 2007

North America’s premier eye care services company, will release its second quarter 2007 financial results before the market opens on Thursday, August 9, 2007.
TLCVision invites all interested parties to participate in a conference call during which time the Company will discuss the positive operating trends resulting from its strategic initiatives first announced in late 2006.
“The [...]

Canadian Shield Signs Option on Colpayoc Property Yanachocha District, Northern Peru

Friday, July 13th, 2007

Canadian Shield Resources Inc. (TSX VENTURE:CSP) (“Canadian Shield” or the “Company”) is pleased to announce that it has entered into an option agreement to purchase 100% participating interest in the Colpayoc gold-silver-copper-molybdenum prospect in northern Peru. Colpayoc is comprised of 3 properties held by two owners. Compania Minera Chetilla holds the El Ferrol 15 through [...]

Charter Real Estate Investment Trust (TSX-V:CRH.UN) Announces Agreement to Acquire a Portfolio of Western Canadian Properties

Wednesday, July 11th, 2007

Charter Real Estate Investment Trust (“Charter REIT”)(TSX VENTURE:CHR.UN) is pleased to announce that it has entered into an agreement to purchase a portfolio of triple net leased properties and development properties located primarily in Western Canada (the “Acquisition”). The purchase price for the portfolio is approximately $80 million before closing costs and is subject to [...]

Google to Acquire Postini

Monday, July 9th, 2007

Google Inc. (NASDAQ: GOOG) announced today that it has signed a definitive agreement to acquire Postini, a global leader in on-demand communications security and compliance solutions serving more than 35,000 businesses and 10 million users worldwide. Postini’s services — which include message security, archiving, encryption, and policy enforcement — can be used to protect a [...]

Lexmark revises financial outlook

Monday, July 9th, 2007

Lexmark International, Inc. (NYSE: LXK – News) today announced that financial results for its second quarter of 2007 will be lower than expected.
Although based on partial data for the quarter, the company expects its second-quarter revenue to decline about 2 percent year over year. It expects its GAAP earnings per share to be in the [...]

AMD Makes Strategic Investment in Transmeta

Sunday, July 8th, 2007

Transmeta Corporation (NASDAQ:TMTA) and AMD (NYSE:AMD) today announced that AMD has invested $7.5 million in Transmeta in exchange for Transmeta preferred stock.
“We are very pleased that AMD has made a strategic investment in the future of Transmeta,” said Les Crudele, president and chief executive officer of Transmeta. “AMD has long been a leader in the [...]

American Capital Commits $100 Million to Oceana Media Finance

Wednesday, July 4th, 2007

American Capital Strategies Ltd. announced today that it and an affiliate have committed $100 million in equity capital to Oceana Media Finance LLC, a newly-formed specialty finance company that provides asset-backed secured financing for the production and marketing of independently produced feature films. American Capital Equity Fund I LLC, a fund managed by American Capital, [...]

Hilton Hotels Corporation to Be Acquired by Blackstone Investment Funds

Wednesday, July 4th, 2007

Hilton Hotels Corporation (NYSE:HLT) announced today that it has entered into a definitive merger agreement with The Blackstone Group’s (NYSE:BX) real estate and corporate private equity funds in an all-cash transaction valued at approximately $26 billion. Under the terms of the agreement, Blackstone will acquire all the outstanding common stock of Hilton for $47.50 per [...]

Spirit Finance Corporation Stockholders Approve the Merger with Macquarie-Led Consortium

Wednesday, July 4th, 2007

Spirit Finance Corporation (NYSE: SFC) (the “Company” or “Spirit Finance”) today announced that at the Company’s 2007 Annual Meeting of Stockholders, the Company’s stockholders approved the acquisition of Spirit Finance by a consortium of investors including Macquarie Bank Limited, Kaupthing Bank hf. and other independent equity participants (collectively, the “Consortium”) through a merger of the [...]

Scottish Motor Auctions bought by consortium

Tuesday, July 3rd, 2007

A consortium of investors, led by Bob Anderson and Kevin Bann, has purchased Scottish Motor Auctions Limited in a multi million pound acquisition with funding from Alliance & Leicester Commercial Bank.
Founded in 1976, Scottish Motor Auctions is the largest motor auction group in Scotland and the third largest in the UK, boasting 5 auction [...]




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