WINSTON-SALEM, N.C., Feb. 10, 2012 /PRNewswire/ -- Triad Guaranty Inc. (OTCBB: TGIC) will release 2011 fourth quarter results before the market opens on Friday, February 17, 2012. Concurrent with the release, supplemental information on the 2011 fourth quarter results will be posted to our web site www.triadguaranty.com. The Company does not plan to hold a conference call.
For more information on Triad Guaranty Inc., please visit the Company's web site at http://www.triadguaranty.com.
SOURCE Triad Guaranty Inc.
GLENVIEW, Ill., Feb. 10, 2012 /PRNewswire/ -- The board of directors of Illinois Tool Works Inc. (NYSE: ITW) today declared a regular quarterly cash dividend of $0.36 per share or $1.44 per share on an annual basis. This dividend will be paid on Tuesday, April 10, 2012 to stockholders of record as of Friday, March 30, 2012.
Celebrating its 100-year anniversary in 2012, ITW (NYSE: ITW) is a Fortune 200 global diversified industrial manufacturer of value-added consumables and specialty equipment with related service businesses. The company focuses on profitable growth and strong returns across worldwide platforms and businesses. These businesses serve local customers and markets around the globe, with a significant presence in developed as well as emerging markets. ITW's revenues totaled $17.8 billion in 2011, with more than half of these revenues generated outside of the United States.
SOURCE Illinois Tool Works Inc.
DENVER, Feb. 10, 2012 (GLOBE NEWSWIRE) -- Sagebrush Gold, Ltd. (OTCBB: SAGE) announced today that Stephen D. Alfers has signed on to lead the company as Executive Chairman and CEO. Mr. Alfers will begin this role for Sagebrush Gold immediately. Prior to accepting this position with Sagebrush Gold, Mr. Alfers was with Franco-Nevada Corporation (NYSE: FNV) where he served as Chief of U.S. Operations until the end of 2011. He will remain available to Franco-Nevada as a consultant in a limited capacity. Before joining Franco-Nevada Corp, Mr. Alfers was President and CEO of NewWest Gold Corporation, where he developed a large portfolio of promising Nevada gold properties including Long Canyon, Sandman, and Northumberland. In 2007, Mr. Alfers orchestrated NewWest's sale to Fronteer Gold for CDN $186.9 million. Following the sale of the Company, he served as a senior advisor to Fronteer during the exploration and development drilling of the Long Canyon discovery, a new Carlin-style project in northeastern Elko County, NV that currently has a resource of over 2 million ounces of gold. Newmont Mining Corporation subsequently acquired Fronteer in April 2011 for aggregate cash consideration of approximately CDN $2.3 billion (with a net cash acquisition cost of CDN $2.2 billion). Newmont has a target production date of 2017 for the Long Canyon Project. Sagebrush Gold's current Chairman, Barry Honig, commented, "The addition of Mr. Alfers as Sagebrush's new leader is an enormous event for our shareholders. His track record of success will ensure that Sagebrush Gold will realize significant value from our asset at the Relief Canyon Gold Mine in Pershing County, Nevada and future assets that Sagebrush Gold will acquire. After working with Steve Alfers during his tenure as a consultant to the Company, I have learned a lot from him. SAGE shareholders will shortly recognize the breadth of his expertise in mining transactions, project acquisition and development, and the strength of his extensive mining industry contacts. I believe Steve's talent, experience, and leadership set us apart from other junior mining companies. We now have the foundation built to become a significant and successful gold exploration and development company which will allow us to move the Relief Canyon Project forward in an expedited fashion in the coming months. I am excited to stay on as a board member and help support this vision." Mr. Alfers commented on his appointment as Sagebrush Gold's new Executive Chairman and CEO: "I am delighted to be joining Sagebrush Gold and to be back in the gold exploration business. This is an exciting time to be looking for gold because today's gold price makes many previously explored projects and targets viable. I am planning to assemble a team of technical, financial, permitting, and government affairs experts who will advance the Relief Canyon Project. Nevada remains one of the best places in the world to look for gold. The area around the Relief Canyon Mine holds great discovery potential because it is in a significantly underexplored gold and silver district. I am looking forward to the coming months as my team of experts develops a strategy for exploring and developing the Relief Canyon District and identifying and pursuing new and promising exploration and development acquisition targets." Mr. Alfers is a Phi Beta Kappa graduate of the University of Denver where he received bachelor's and master's degrees in economics. After serving four years as an officer with the U.S. Navy, Mr. Alfers returned to school and earned his JD from the University of Virginia School of Law. A well recognized authority in the U.S. Mining Law, public land law, and mining transactions, Mr. Alfers' career includes twenty years of experience as a partner in several prestigious mining, oil and gas, and natural resource development law firms where he specialized in representing large, international mining and oil and gas clients. In his capacity as a mining law expert, Mr. Alfers has advised the United Nations, foreign governments, and Congressional committees. Mr. Alfers has extensive experience in developing and executing corporate financing arrangements, complex mining transactions, mergers and acquisitions, and in directing legal and government affairs. About Sagebrush Gold, Ltd.
Sagebrush Gold, Ltd. is a junior gold exploration company focused on seeking out and developing significant gold exploration and development targets in Nevada. Legal Notice and Safe Harbor Statement
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, including, without limitation, those with respect to the objectives, plans and strategies of the Company set forth herein and those preceded by or that include the words "believes," "expects," "given," "targets," "intends," "anticipates," "plans," "projects," "forecasts" or similar expressions, are "forward-looking statements." Although the Company's management believes that such forward-looking statements are reasonable, it cannot guarantee that such expectations are, or will be, correct. These forward-looking statements involve a number of risks and uncertainties, which could cause the Company's future results to differ materially from those anticipated. Potential risks and uncertainties include, among others: general economic conditions and conditions affecting the industries in which the Company operates; the uncertainty of regulatory requirements and approvals; fluctuating mineral and commodity prices; risks of junior exploration and pre-production activities; maintenance of important business relationships. Additional information regarding the factors that may cause actual results to differ materially from these forward-looking statements is available in the Company's filings with the SEC including the Annual Report on Form 10-K for the year ended December 31, 2010 and Quarterly Report on Form 10-Q for the quarterly periods ended June 30, 2011 and September 30, 2011, and each subsequently filed Current Report on Form 8-K. The Company assumes no obligation to update any of the information contained or referenced in this press release.
CONTACT: David Rector, President
877-705-9357
Email: info@sagebrushgold.com
www.SagebrushGold.com
Source: Sagebrush Gold Ltd.
BOSTON, Feb. 10, 2012 /PRNewswire/ -- Eaton Vance Short Duration Diversified Income Fund (NYSE: EVG), a closed-end management investment company, today declared a monthly distribution of $0.09 per common share. As portfolio and market conditions change, the rate of future distributions may change. The distribution is expected to be paid on February 29, 2012, to shareholders of record on February 22, 2012. The ex-date is February 17, 2012.
At this time the Fund believes that a portion of the February distribution may be comprised of amounts from sources other than net investment income. If that is the case, you will be notified in writing. Further information will be available prior to the payment date at http://funds.eatonvance.com. The final determination of tax characteristics of the Fund's distributions will occur after the end of the year, at which time it will be reported to the shareholders.
The Fund is managed by Eaton Vance Management, a subsidiary of Eaton Vance Corp. (NYSE: EV), based in Boston, one of the oldest investment management firms in the United States, with a history dating back to 1924. Eaton Vance and its affiliates managed $184.5 billion in assets as of December 31, 2011, offering individuals and institutions a broad array of investment strategies and wealth management solutions. The Company's long record of providing exemplary service and attractive returns through a variety of market conditions has made Eaton Vance the investment manager of choice for many of today's most discerning investors. For more information about Eaton Vance, visit www.eatonvance.com.
SOURCE Eaton Vance Management
ORLANDO, Fla., Feb. 10, 2012 /PRNewswire/ -- Better Homes and Gardens, America's largest selling consumer magazine, today released proprietary research and insights into the ideas, inspirations, and strategies driving consumers as they consider the function, style and efficiency of their homes.
In a presentation given at the International Builders Show, Jill Waage, Editorial Director for Home Content for Better Homes and Gardens revealed survey results about consumer attitudes towards home ownership, upkeep and renovations, design and personalization, and more. A primary point revealed in the presentation shows that, despite continuing economic uncertainty, consumer thoughts toward home ownership remain strong with 8 in 10 saying home ownership is still a good investment and an important part of the American Dream. The BHG survey also found that consumers are more proactive in designing and curating their homes and, in fact, are spending more time planning design changes for the home (up to 38% from 33% the year prior).
"Our homes are the physical expression of ourselves and lives. In addition to spending more time planning and hunting for the right elements for living spaces, consumers are also turning to social media platforms like Pinterest to gather and share design inspirations, smart products, creative ideas and space-wise solutions," said Waage.
Better Homes and Gardens is one of the largest shelter brands followed on Pinterest, and its most popular Pinterest boards include Smart Storage Solutions, DIY Ideas for Your Home and Beautiful Bathrooms. To date, Better Homes and Gardens images have been re-pinned more than 27,000 times by followers. Waage continued: "If you want to see what a 'dream home' means to consumers, simply look online where consumers are taking command of their design dreams, one pin and share at a time. The future is full of design dreaming and planning!"
Living space and the way it's utilized also continues to be top of mind for consumers. In this latest survey, conducted in December 2011, consumers wished for a median square footage of 1,791 sq. feet, down from 1,846 sq. feet the year prior. Waage shared: "There's more attention given towards the aesthetic and function of a space, rather than the amount of space. They're not as willing to invest in the bigger, but instead investing in what's better. Affordability and efficiency – both in space and energy – ranks topmost."
Among the survey's key findings:
- Owning a home is still an important part of the American Dream (According to 8 in 10 surveyed)
- Consumers are taking more time to plan for home improvement projects (39% in 2011 compared to 33% in 2010) and are shopping around for more deals and bargains before committing to home improvement plans (42% in 2011 compared to 40% in 2010)
- Consumers find it more important than ever to get the most value out of every dollar (61% in 2011, up from 56% in 2010), and will spend more time looking for bargains and deals in order to get the most value for their money (Up to 54% in 2011, from 52% in 2010)
- Consumers are more willing to get rid of excess "stuff" and not willing to mortgage for more storage space. Multi-purpose rooms are a necessity in the home. Consumers aren't interested in "bonus rooms" or "media rooms" unless they have a multi-functional purpose
- Style upgrades claim even greater prominence as being the most important feature in consumers' upcoming home improvement plans, followed by storage. For future projects, style upgrades on countertops, flooring, faucets and fixtures is up to 55% in 2011 from 50% in 2010. Expanded/improved storage space stayed flat at 39% in 2011, same as in 2010
- In terms of remodeling priorities for consumers, baths are outpacing kitchens. Bathroom remodeling stayed constant in 2011 and 2010 (31%) and kitchen remodeling was stable at 25% in 2011, compared to 24% in 2010
About the survey: The Better Homes and Gardens Next Home Survey was fielded online from December 2-13, 2011 surveying over 4,000 Better Homes and Gardens readers who identified themselves as prospective home buyers or those planning major home improvements. The survey has a margin of error of +/- 2%.
About Better Homes and Gardens: Reaching nearly 40 million readers every month, the Better Homes and Gardens brand extends across the web, tablet, mobile, broadcast, broadband and numerous licensed products, serving and connecting women who are passionate about their homes and the lives they create there. Better Homes and Gardens inspires women to dream and gives them the confidence to move from dreaming to doing. For more information, visit www.bhg.com
SOURCE Better Homes and Gardens
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