ABM Industries Inc. (NYSE:ABM) announced on December 1, 2010 the successful refinancing of its credit agreement. The new credit facility provides ABM with enhanced flexibility to deploy capital in pursuit of its strategic initiatives.
As part of the refinancing, ABM:
• Increased total borrowing capacity to $650 million, with an additional $200 million accordion option
• Extended the term of the agreement to November 2015
• Added a $50M sublimit for certain foreign currency borrowings
• Updated the permitted acquisition restriction to provide for additional flexibility and agreed to customary affirmative and negative covenants
ABM Industries Incorporated (NYSE:ABM), which operates through its subsidiaries (collectively “ABM”), is a leading provider of facility services in the United States. With fiscal 2009 revenues of approximately $3.5 billion and more than 90,000 employees, ABM provides janitorial, facility, engineering, parking and security services for thousands of commercial, industrial, institutional and retail facilities across the United States, Puerto Rico and British Columbia, Canada.
ABM's business services include ABM Janitorial Services, ABM Facility Services, ABM Engineering Services, Ampco System Parking and ABM Security Services.
MusclePharm's GNC Athlete Tour Hits Pennsylvania and Hawaii GNC Locations in December
- Pittsburgh Steelers Hines Ward and Larry Foote to Visit Pittsburgh GNC Locations
- UFC Star Rashad Evans to Visit Hawaii GNC Locations
MusclePharm(R) Corporation (OTC:MSLP), one of the fastest growing nutritional supplement companies in the United States, announced friday that MusclePharm Athletes including UFC Star Rashad Evans, NFL Pittsburgh Steelers Hines Ward and Larry Foote will make appearances at Pennsylvania and Hawaii GNC locations in December.
UFC Star Rashad Evans will visit GNC locations in Hawaii on December 8th to 11th, 2010. Rashad Evans is a former UFC Light Heavyweight Champion. Evans won the heavyweight division of The Ultimate Fighter 2.
NFL Pittsburgh Steelers Hines Ward and Larry Foote will visit GNC locations in Pittsburgh, PA on December 13th to 14th, 2010. Hines Ward is a pro bowl wide receiver and MVP of Super Bowl XL. Larry Foote is a linebacker for the Pittsburgh Steelers where he has earned two Super Bowl rings with the Steelers in Super Bowl XL and Super Bowl XLIII.
"This Athlete Tour will help increase brand awareness for MusclePharm, resulting in better store placement and more GNC locations in near future," MusclePharm CEO Brad Pyatt said. "This is another way that MusclePharm is setting itself apart from the competition and will continue to make MusclePharm the athlete's choice for supplementation."
MusclePharm has also recently expanded their market to include therapeutic medical modalities beginning with the utilization of Recon, a multi-component therapeutic nutritional supplement in the treatment of people living with HIV and AIDS.
Headquartered in Denver, Colorado, MusclePharm is a rapidly expanding healthy life-style company that develops and manufactures a full line of NSF and scientifically approved nutritional supplements that are 100% free of any banned substances. Based on years of research, MusclePharm products are created through an advanced six-stage research protocol involving the expertise of top nutritional scientists and field tested by more than 100 elite professional athletes from various sports including the NFL, MMA, and MLB.
The Company's propriety and award winning products address all categories of an active lifestyle including muscle building, weight loss, and maintaining general fitness through a daily nutritional supplement regimen.
MusclePharm is sold in over 120 countries and available in over 5,000 U.S. retail outlets that include GNC, and Vitamin Shoppe, as well as over 100 online stores, including bodybuilding.com, Amazon and Vitacost.com.
Senior Housing Properties Trust (NYSE:SNH) announced that it has agreed to purchase 27 medical office properties for $470 million. The properties to be purchased include approximately 2.8 million sq.ft. and are located in 12 states.
The properties being purchased have a current average occupancy (weighted by leasable area) of approximately 95% and are leased, primarily to medical services providers and other tenants in medical related businesses.
The largest properties are two office towers totaling 331,000 sq.ft., plus garages for 1,705 cars, which are attached by an enclosed walkway to Cedars Sinai Hospital in Los Angeles and are primarily leased to medical practice groups affiliated with that hospital.
Senior Housing Properties Trust is a real estate investment trust, or REIT, which owns independent and assisted living communities, nursing homes, rehabilitation hospitals, wellness centers and medical office buildings. SNH is headquartered in Newton, MA.
GRHU, GreenHouse Holdings, Inc., OTCQB:GRHU
GRHU is an integrator of some of the world’s most innovative environmental, public safety, infrastructure technologies.
GRHU provides systems that are financially sound and sustainable to residential, commercial, industrial and government markets around the globe.
GRHU reported that it is scheduled to present at the upcoming 3rd annual LD MICRO conference on Thursday, December 9, 2010, at 2:30 PM (NYSEARCA:PST) on Track 4 at the Luxe Sunset Bel Air, in Los Angeles, California.
LD MICRO is a by-invitation only newsletter firm that focuses on finding undervalued companies in the micro-cap space. Since 2002, the firm has published an annual list of recommended stocks as well as comprehensive reports on select companies throughout the year. LD MICRO concentrates on finding, researching, and investing in companies that are overlooked by institutional investors. It is a non-registered investment advisor.
GRHU recently has retained Rubenstein Public Relations to generate media exposure for the company’s efficient and environmentally sustainable innovations.
According to John Galt, Executive Chairman of GRHU, “As a sustainable solutions integrator, we deliver world-class products and systems to a diverse clientele, ranging from single households to industries, communities and entire countries.”
More about GRHU at www.greenhouseintl.com
Broadridge Financial Solutions Inc. (NYSE:BR) Proxy voting moves to the next generation of advanced technology with the announcement by Broadridge Financial Solutions, Inc. (NYSE:BR) that its ProxyVote®.com platform will be available on mobile data devices such as smartphones and tablets in early 2011.
The announcement and demonstration was made at Broadridge’s annual Investor Communications Conference, held on December 2, 2010 in New York City, which attracts hundreds of top executives from the nation’s leading financial services firms, institutional investors and corporate issuers.
Broadridge is a technology services company focused on global capital markets. Broadridge is the market leader enabling secure and accurate processing of information for communications and securities transactions among issuers, investors and financial intermediaries.
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Crown Equity Holdings Inc. (OTCPK:CRWE) has received five thousand dollars and anticipates receiving another forty five thousand dollars in cash from a third party for 30 (thirty) days of advertising for MusclePharm Corporation (OTCQB:MSLP).
Crown Equity Holdings Inc. (OTCPK:CRWE) has received ten thousand dollars in cash and anticipates another ten thousand dollars in cash from the company for 60 days of advertisement services for Green House Holdings, Inc. (GRHU). In addition to the cash, Crown Equity Holdings Inc. (OTCPK:CRWE) also anticipates receiving 20,000 shares of 144 restricted stocks from a third party.