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GreenHouse Holdings, Inc. (OTCQB:GRHU), a San Diego, California based integrated energy solutions provider and developer of eco-friendly infrastructure, announced the signing of multiple contract awards for its Life Protection (NYSE:LPI) Governmental Services Division, totaling $6 million. The recently acquired LPI subsidiary provides innovative training, support, design and construction of facilities and services to meet the needs of the U. S. Government, military, and law enforcement agencies.
The governmental contracting entities include the U.S. Marine Corps School of Dynamic Entry in Quantico, VA and the U.S. Army Schofield Barracks Range Support in Honolulu, HI. The combined value of these contracts totals $1.5 million and includes GreenHouse’s brand of Rapidly Assembled Portable Structures, (RAPS). In addition, to the governmental contracts, GreenHouse has signed contracts totaling $4.5 million for commercial projects, including a design-build contract for services ranging from project management and land planning to eco-friendly building products and services. GreenHouse expects the majority of the contracted work to be completed by year end 2010.
Melco Crown Entertainment Ltd. (Nasdaq:MPEL) developer and owner of casino gaming and entertainment resort facilities focused on the Macau market, today reported its unaudited financial results for the third quarter ended September 30, 2010. Net revenue for the third quarter of 2010 was US$727.0 million, representing an increase of approximately 45% from US$500.3 million reported in the quarter ended September 30, 2009. Adjusted EBITDA(1) was US$136.3 million for the third quarter of 2010, as compared to Adjusted EBITDA of US$55.6 million in the third quarter of 2009. The year-over-year improvement in net revenue and Adjusted EBITDA resulted primarily from a broad-based improvement in operating performance at City of Dreams.
Melco Crown Entertainment Limited, through its subsidiaries, engages in the development, ownership, and operation of casino gaming and entertainment resort facilities primarily in the Macau special administrative region of the People’s Republic of China.
Harmonic Inc. (Nasdaq:HLIT) announced on November 2, 2010 that German public broadcasting station Südwestrundfunk (SWR), or Southwestern Broadcasting, has expanded its Omneon infrastructure with a new HD Spectrum™ media server system that supports studio production at its facilities in Baden-Baden. Supplied by BFE Studio und Medien Systeme -- Mainz, the new Omneon system has allowed the broadcaster to gain the speed and efficiencies of a file-based workflow within the studio environment.
Harmonic Inc. designs, manufactures, and sells video products and system solutions that enable service providers to deliver broadcast and on-demand services. Its broadcast and on-demand services include high-definition television, video-on-demand, network personal video recording, and time-shifted TV.
Tellabs Inc. (Nasdaq:TLAB) Global telecommunications company, has announced it will open its first Innovation Solutions Research Lab in the State of Victoria, Australia's capital city, Melbourne, creating 25 jobs in the city during the next three years. Victorian Minister for Information and Communication Technology, John Lenders, said Tellabs' growth and expansion in Victoria is a testament to the state's ability to attract major global companies. The Information and Communication Technology (ICT) industry injects more than $27.4 billion a year into the State of Victoria's economy and employs more than 131,500 Victorians in ICT professions.
Tellabs, Inc. designs, develops, and supports telecommunications networking products for communications service providers worldwide. Its products and services enable customers to deliver wireline and wireless voice, data, and video services to business and residential customers.
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