Arbor Realty Trust Reports Third Quarter 2009 Results Nov 6, 2009 08:30AM

UNIONDALE, N.Y., Nov. 6 /PRNewswire-FirstCall/ -- Arbor Realty Trust, Inc. (NYSE: ABR), a real estate investment trust focused on the business of investing in real estate related bridge and mezzanine loans, preferred and direct equity investments, mortgage-related securities and other real estate related assets, today announced financial results for the third quarter ended September 30, 2009. Arbor reported a net loss attributable to Arbor Realty Trust, Inc. for the quarter of $44.1 million, or $1.74 per diluted common share, compared to net income attributable to Arbor Realty Trust, Inc. for the quarter ended September 30, 2008 of $2.6 million, or $0.10 per diluted common share. Funds from operations ("FFO") for the quarter was a loss of $44.0 million, or $1.73 per diluted common share, compared to FFO income for the quarter ended September 30, 2008 of $3.1 million, or $0.12 per diluted common share.(1) Net loss attributable to Arbor Realty Trust ...


JAY-Z BP3 Confirms 2010 North American Tour Dates Nov 5, 2009 05:25PM

LOS ANGELES, Nov. 5 /PRNewswire-FirstCall/ -- In the midst of his first college tour, promoting his latest #1 album The Blueprint 3 and his recently released video game sensation "DJ Hero: Renegade Edition," the unstoppable JAY-Z confirms North American tour dates for 2010's BP3 tour. The second leg of the Live Nation-produced tour will begin on February 22nd in Houston, Texas at the Toyota Center with more dates to be announced soon. JAY-Z will be joined by Grammy-nominated rapper Young Jeezy who will open all dates on the tour. Tickets go on sale beginning November 13th at LiveNation.com in select markets. JAY-Z's BP3 North American tour will make a cross-country trek in 2010 stopping at arenas in major markets including Houston, Dallas, New Orleans, Atlanta, Greensboro, Washington, Boston, Pittsburgh, St Louis, Indianapolis, Denver, San Jose, Los Angeles and more. Additional day of show and on ...


Orleans Homebuilders Announces Limited Waiver and Amendment Extension Nov 5, 2009 04:37PM

BENSALEM, Pa., Nov. 5 /PRNewswire-FirstCall/ -- Orleans Homebuilders, Inc. (the "Company") (Amex: OHB) announced today that on November 4, 2009, but effective as of October 30, 2009, the Company had received from the lenders under the Company's $375 million Credit Facility (the "lenders") a limited waiver and amendment extension letter (the "Limited Waiver and Amendment Extension Letter") related to the Company's Second Amended and Restated Revolving Credit Loan Agreement dated September 30, 2008 (as amended, the "Credit Facility"). The Limited Waiver and Amendment Extension Letter effectively extends for approximately one month the borrowing base relief, minimum liquidity covenant deferral, existing loan fee payment deferral (which has been earned by the Lenders, but the failure to pay the fee currently is being waived until the end of the amendment extension period) and other accommodations provided by the terms of the Third Amendment executed on September 30, 2009. In addition ...


GeoResources, Inc. Reports Third Quarter and Nine-Month Financial Results Nov 5, 2009 04:31PM

Reports nine-month earnings of $7.4 million and EBITDAX of $33.0 million. HOUSTON--(BUSINESS WIRE)-- GeoResources, Inc., (NASDAQ: GEOI), today announced its financial and operating results for the three and nine months ended September 30, 2009. The following tables summarize the results of operations as compared to similar periods in 2008. Three Months Ended September 30, ...


Density Dynamics Launches Upgrade Incentive Program for Legacy TiGiJet SSDs; Over 60 Prior Customers Qualify Including Lockheed Martin and Wachovia Nov 5, 2009 12:18PM

GERMANTOWN, Md., Nov. 5 /PRNewswire/ -- Density Dynamics, a majority-owned subsidiary of Speedus Corp. (Nasdaq: SPDE), announced today it has launched an incentive program for customers who purchased the company's legacy TiGiJet Solid State Drives to upgrade to its next generation Jet.io Solid State Drives. Under the program, customers may trade-in their existing TiGiJet SSDs and receive a 50% trade in credit from the original purchase price for each TiGiJet unit traded in towards a new Jet.io(TM) SSD. Without trade-in, prior customers will be ...


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