KeyCorp (NYSE:KEY) announced that Vice Chair of KeyCorp Beth E. Mooney will present at the BancAnalysts Association of Boston Conference on Friday, November 5, 2010, at 9:00 a.m. ET. The presentation may include forward looking information on financial trends, asset quality and earnings outlook.
Cleveland-based KeyCorp is one of the nation's largest bank-based financial services companies, with assets of approximately $94 billion. Key companies provide investment management, retail and commercial banking, consumer finance, and investment banking products and services to individuals and companies throughout the United States and, for certain businesses, internationally.
GreenHouse Holdings, Inc. (OTCQB:GRHU)
GRHU announced recently 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 GRHU’s brand of Rapidly Assembled Portable Structures, (RAPS). In addition, to the governmental contracts, GRHU 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.
“These contract awards with new and existing clients is a reflection of the trust our customers have in GreenHouse’s commitment to delivering top-quality products and services,” said Russ Earnshaw, President of GRHU. “We are extremely proud of LPI’s ability to immediately secure highly desirable contracts within an industry with high barriers to entry. Management remains dedicated to strengthening our associations with the Directors of government agencies and expanding our geographic footprint as we continue to increase revenue, grow earnings and improve overall shareholder value.”
Billy Jones, founder of LPI, and Vice President of Government Services for GRHU, commented, “Our Rapidly Assembled Portable Structures are vital for numerous governmental sectors that require the ability to provide immediate, safe, and effective shelter in a variety of terrains and climates. We are confident that our advanced portfolio of product offerings and long-held industry associations provide a competitive advantage within both the governmental and commercial market. We look forward to servicing our clients and gaining new customers as we continue to establish ourselves as a leader in the environmental energy solutions sector.”
To learn more about GRHU visit: http://www.greenhouseintl.com
Quanta Services, Inc. (NYSE:PWR) announced recently results for the three and nine months ended Sept. 30, 2010. As previously announced, Quanta completed the acquisition of Price Gregory Services, Incorporated on Oct. 1, 2009. Therefore, these reported results of operations include the results of Price Gregory in the three and nine months ended Sept. 30, 2010 and are compared to the pre-acquisition historical results of Quanta for the three and nine months ended Sept. 30, 2009.
Revenues in the third quarter of 2010 were $1.21 billion compared to revenues of $780.8 million in the third quarter of 2009. For the third quarter of 2010, net income attributable to common stock was $62.8 million or $0.30 per diluted share. Included in net income attributable to common stock for the third quarter of 2010 is $9.4 million of income, or a benefit of $0.04 per diluted share, from the release of income tax contingencies.
Quanta Services, Inc. provides specialty contracting services primarily in North America. Its Electric Power Infrastructure Services segment offers network solutions to customers in the electric power industry.
Time Warner Inc. (NYSE:TWX) reported strong growth in third-quarter earnings, excluding a $295 million charge for debt redemptions, as the media giant continued to benefit from strength in its cable networks.
The media conglomerate raised alarms, however, by disclosing that it expects to lose 1.5 million HBO pay-TV subscribers this year.
It doesn't expect those losses to result in revenue declines, but the forecast fed recent investor concerns about cord-cutting--the prospect that consumers could drop their pay-TV subscriptions in favor of new online video alternatives, known as over-the-top services.
Time Warner Inc. operates as a media and entertainment company in the United States and internationally. It operates in three segments: Networks, Filmed Entertainment, and Publishing.
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