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A&W Revenue Royalties Income Fund ( AW.UN ) |
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Retail
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Written by Editor
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Friday, 22 January 2010 11:15 |
A&W opens 22 new restaurants in 2009
A&W Revenue Royalties Income Fund (TSX:AW.UN)
A&W Food Services of Canada Inc. is pleased to announce another strong year of new restaurants openings in 2009. The North Vancouver based chain opened 22 new outlets last year, all of which were franchised. Nine of the new restaurants were in Ontario, which continues to be the key focus of the company's strategic growth activities. A&W opened 20 new restaurants across Canada in 2008.
Graham Cooke, Vice President of New Restaurant Expansion, said that A&W achieved two important milestones last year. "We're proud to say that we have reached 150 restaurants in Ontario" said Cooke. "At the same time, we successfully launched our multi-site franchise development program, targeting Ontario first and then Quebec in 2010".
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China Advanced Construction Materials Group Inc ( CADC ) |
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Industrial
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Written by Editor
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Monday, 25 January 2010 11:20 |
China ACM Wins Xi'an High-Speed Railway Concrete Service Contract
China Advanced Construction Materials Group, Inc. (Nasdaq: CADC), ("China ACM" or the "Company") a leading provider of ready-mix concrete in China, today announced that the Company has signed a definitive contract to provide its ready-mix concrete service to the high-speed railway project between Xi'an and Ankang, the largest city in southern Shanxi Province.
China ACM will provide technical counseling for the production of 270,000 cubic meters of ready-mix concrete. Equipment for the portable mixers has arrived on site and production will commence in February 2010. Duration of the project is estimated to be 20 months. Revenues for this contract are an estimated $3 million with an estimated $800,000 net income.
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Maine & Maritimes Corporation ( MAM ) |
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Utilities
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Written by Editor
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Friday, 12 March 2010 11:47 |
Emera to Acquire Maine & Maritimes Corporation
Maine & Maritimes Corporation (NYSE Amex: MAM) and Emera Inc. announced today that MAM has entered into a merger agreement with BHE Holdings Inc. of Bangor, ME (BHE), a subsidiary of Emera Inc. (EMA: TSX). Under the terms of the agreement, all outstanding shares of MAM common stock will be purchased for US$45.00 per share in cash, representing over a 40 percent premium based on MAM's closing share price on Thursday, March 11, 2010, the last trading day prior to the announcement of the proposed merger and MAM will become a wholly owned subsidiary of Emera.
The transaction has been approved by the MAM Board of Directors, and is expected to close later this year, subject to approval by MAM's shareholders and certain regulatory approvals, including the Maine Public Utilities Commission and the Federal Energy Regulatory Commission, as well as other customary closing conditions. Regulatory approvals are estimated to take 6-8 months. MAM shareholders will receive proxy materials soliciting their approval for the transaction.
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Savvis Inc ( SVVS ) |
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Security
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Written by NStinchcombe
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Monday, 01 March 2010 14:05 |
Imperva and Qualys Partner To Help Enterprises Protect Against Malicious Attacks on Web Applications
Savvis Provides Integrated Offering To Customers REDWOOD SHORES, CALIF., –March 1, 2010 – Qualys, the leading provider of on demand IT security risk and compliance management solutions, and Imperva, the data security leader, today announced the integration of Qualys’ QualysGuard® Web Application Scanning with Imperva’s SecureSphere Web Application Firewall (WAF). This combination gives enterprises an ability to deploy a comprehensive security strategy that delivers powerful protection for business-critical Web applications. Savvis, Inc. (Nasdaq: SVVS), a global leader in outsourced internet infrastructure services for enterprises, will provide the Qualys-Imperva integrated solution as part of its hosting and Savvis Symphony cloud infrastructure solutions for enterprises.. |
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East Asia Minerals Corporation ( EAS ) |
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Mining
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Written by Editor
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Monday, 15 March 2010 10:30 |
East Asia Minerals Intercepts 2.15 g/t Gold Over 59.1 Metres Within 157 Metres Grading 1.36 g/t Gold at Miwah Main Zone
East Asia Minerals Corporation (TSX VENTURE: EAS) announces that drilling continues to demonstrate the robustness of the Miwah Main Zone in Aceh Province, Northern Sumatra, Indonesia. EMD021 encountered 1.36 g/t gold over 157 metres including 2.15 g/t gold over 59.1 metres, and ended in mineralization. East Asia has validated the 1.2 kilometre east-west width of the shallow, laterally extensive Main Miwah Gold Zone, and has encountered gold mineralization in all of its holes. The Main Miwah Gold Zone remains open in all directions with the Moon River area expanding the north-south potential from 400 metres to more than 600 metres, whilst remaining open further to the north towards Sipopok.
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