Leasing News

“AIG guarantees AIGFP's obligations, so the potential strain of the losses to the parent contributed to the downgrade.”

American International Group's whopping $7.81 billion first quarter loss brought an immediate reaction from Standard & Poor's Ratings Services. via Insurance Journal West

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H&E Equipment Services Inc., which sells and rents heavy construction and industrial equipment, saw its first-quarter earnings fall and miss analysts' forecasts after expenses increased, the company reported ... via Times-Picayune

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“The primary argument that was presented for Proposition 71 -- particularly in the area of large facilities -- is becoming less and less important”

California's voter-created stem cell institute is expected to award $227 million in grants today to seed a laboratory building spree at a dozen universities and research centers, including USC, UCLA and UC ... via Los Angeles Times

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MAXIM CRANE WORKS HOLDING, INC. today announced that it has entered into a Merger Agreement with affiliates of Platinum Equity Capital Partners II, L.P. by which Platinum Equity will acquire for cash all of the ... via Earth Times

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A conference call to review the Company's first quarter 2008 results will be held at 10:00 a.m. CDT, on Monday, May 12, 2008. via Automotive

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“It's a feel-good nuisance that does nothing, and worse yet, it's a violation of federal law”

Last Updated 12:02 pm PDT Thursday, May 1, 2008 Airlines must provide passengers on severely delayed flights with food, water and other necessities under legislation approved Thursday by the Assembly. via Sacramento Bee Newspaper

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Northgate Minerals Corporation today reported adjusted net earnings of $29,393,000 or $0.12 per diluted common share and cash flow from operations of $15,450,000 or $0.06 per diluted common share for the first ... via Earth Times

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Adopting green designs and processes can help manufacturing companies reduce supply chain risk, while adding value for their customers, with the end result of becoming more efficient, agile and profitable, ... via IndustryWeek

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A research firm says the number of U.S. homes heading toward foreclosure more than doubled in the first quarter from a year ago. via KOKI

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“While we are mindful of the challenging macro-economic environment, we will continue to stay the course and focus on those areas within our control including the customer's in-store experience, collections, and managing our resources wisely.”

Rent-A-Center Inc. said its first-quarter profits more than doubled from a year ago when it took a significant litigation-related charge, while sales at existing stores helped boost overall revenue. via Dallas Business Journal

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