DCT Industrial Trust Inc. (NYSE:DCT) a leading industrial real estate company, announced two acquisitions totaling 519,990 square feet for $26.0 million located in Ridgefield, NJ and Chino, CA. In New Jersey, DCT Industrial acquired a 330,000 square foot light manufacturing and distribution facility for $17.5 million. The building is located in the Meadowlands submarket which is a central location for servicing New Jersey, New York and New England. The building was acquired in a sale-leaseback for $53.00 per square foot or approximately 30% to 35% below replacement cost. The building is fully leased to a single tenant and is expected to generate a year-one cash yield of 9.7%. During the staged expiration of the existing lease, DCT plans to reposition the building for multi-tenant, bulk distribution use. This acquisition brings DCT Industrial's portfolio in the New Jersey market to 1.7 million square feet and 87.6% occupied.
DCT Industrial Trust Inc. operates as a publicly owned real estate investment trust. The firm provides its services to companies. Through its fund, it engages in the ownership, operation, and development of real estate properties.
The McClatchy Company (NYSE:MNI) announced that its fourth quarter earnings conference call will be accessible live to the media and general public via Internet webcast and through listen-only, dial-in conference lines. The conference call will be held on Tuesday, February 8, 2011 at 12 noon Eastern, 9:00 a.m. Pacific time. McClatchy's earnings announcement will be released to newswire services before the market opens on February 8. The full text of the announcement and the financial tables also will be available on McClatchy's website. The live webcast and press release will be accessible through http://www.mcclatchy.com and an archive of the webcast will be available for future reference.
The McClatchy Company operates as a newspaper publisher in the United States. The companys newspapers include The Miami Herald, The Sacramento Bee, the Fort Worth Star-Telegram, The Kansas City Star, The Charlotte Observer, and The (Raleigh) News & Observer.
Crown Equity Holdings Inc. (OTCPK:CRWE)
Crown Tele Services Inc. (http://www.crownteleservices.com) is still moving forward after dissolving its joint venture with Communication Expert Corporation and will gradually start rolling out its internet based voice and video service IP-PBX solutions this year.
According to ABI Research, the latest global business VoIP services forecasts show that the value of the overall market, which includes VoIP integrated access, SIP trunking, hosted IP-PBX/IP Centrex and managed IP-PBX services, is set to double over the next five years, to exceed $20 billion by 2015.
About Crown TeleServices
Crown TeleServices is the provider of simple Unified Communications (UC) solutions based for the IP business phone system.
Crown TeleServices delivers a system designed to be as easily managed as it is to deploy and use.
Along with its low total cost of ownership, a Crown TeleServices UC system helps organizations leverage their most valuable assets: people and information.
Whether they are using our brilliantly simple solution to replace old phone systems, to upgrade to unified communications, or to modernize their contact centers, organizations worldwide consistently give Crown TeleServices the opportunity to increase its customer satisfaction. Crown TeleServices is based in Las Vegas, Nevada.
Crown TeleServices is a relationship-driven company, approaching each challenge and opportunity with the highest levels of commitment and consideration for our customers’ long-term benefit.
To learn more about CRWE visit: http://www.crownequityholdings.com
American Video Teleconferencing Corp. (OTCPK:AVOT)
Rare-earth metals include terbium, which finds use in flat-panel TVs and high-efficiency fluorescent lamps, and neodymium, key to the permanent magnets in high-efficiency electric motors. Rare-earth metals are not indeed rare. The series of nonferrous metals is common in the environment. According to Design Chain Associates, most rare-earth metals are as common as copper, and even the rarest is more common than gold. Part of the market pressure on rare-earth metals comes from new demands that green technologies has prompted. The market, including electric- and hybrid-vehicle motors and wind turbines, requires magnets.
The 17 elements that are classified as "rare earth" are becoming an increasingly important part of our daily lives. Rare earth metals are the life blood of modern computers, batteries and alternative energies. For example, there are nearly ten pounds of the rare earth element, lanthanum, in every Toyota Prius engine. In addition, rare earth elements are vital to military technology. Contrary to the name, rare earth metals aren't particularly rare and can be found in most any continent. In recent weeks the US government has made important steps to increase production of these metals, as they will play an important part in President Obama's overhaul of U.S. energy.
American Video Teleconferencing Corp. recently annouced that Wayne Lockhart, BSc. Geology, has joined the company as special geological advisor to AVOT for advancing the company's exploration programs on its newly acquired rare earth property in Quebec.
AVOT is looking forward to this new relationship with Mr. Lockhart as he will be able to provide the guidance, expertise and leadership that will be needed moving forward, as he has had many years experience working in the province of Quebec.
Rite Aid Corp. (NYSE:RAD) the nation’s third largest drugstore chain, is launching a national education and prevention campaign against heart disease in observation of American Heart Month in February. Stores nationwide are now selling $1 red paper dresses to benefit the American Heart Association’s Go Red For Women movement, reminding customers that they can get free advice and blood pressure readings, and distributing free "Roadmap to Healthy Heart" guides. From Jan. 23 to March 26, Rite Aid customers can display their support for the Heart Association’s Go Red For Women movement by buying – and signing – a paper dress icon to hang on store walls. Every dollar raised goes directly to the Go Red For Women movement and comes with more than $10 in product coupons.
Rite Aid Corporation, through its subsidiaries, operates retail drugstores in the United States. The company's drugstores primarily offer pharmacy services. The company was founded in 1927 and is headquartered in Camp Hill, Pennsylvania.
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