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11/11/2008 News For:

Properties For Sale Shreveport Louisiana


Hospitality Properties' 3Q FFO down 12 percent   Hospitality Properties Trust said Monday its third-quarter results declined about 12 percent from a year ago on lower rental revenue. The hotel real estate investment trust's results, however, beat Wall Street estimates.

Financial climate slowing sale of AIG's Japan assets: report  The weakened balance sheets of prospective buyers is hampering American International Group's planned sale of three Japanese life insurance companies, according to a published report.

Damac Properties cuts 200 jobs  Damac Properties has been forced to lay off 200 employees at its Dubai office due to falling sales, reported The National. The job cuts have been made across divisions including sales, marketing, recruitment and administration.

AIG Sale of Japan Units Finds Hesitant Buyers, Nikkei Says  Nov. 11 -- American International Group's planned sale of three Japanese life insurance subsidiaries hasn't attracted the interest of would-be buyers in Japan, Nikkei English News reported, citing no one.

Search continues for missing island woman  BRADENTON ? Authorities continue to search for an island business woman reported missing last week.

Land Trust board members clash over transfer of abandoned properties sold through Road Home  BATON ROUGE -- Members of the board of directors for the Louisiana Land Trust -- the repository for thousands of storm-damaged homes sold to the state through the Road Home program -- clashed Friday over how quickly abandoned properties can be transferred to New Orleans officials for redevelopment.

Hospitality Properties' 3Q FFO down 12 percent  NEWTON, Mass. Hospitality Properties Trust said Monday its third-quarter results declined about 12 percent from a year ago on lower rental revenue. The hotel real estate investment trust's results, however, beat Wall Street estimates.

BREAKING: Pfizer puts closed Terre Haute plant up for sale  Drug maker Pfizer Inc. is putting up for sale the Terre Haute manufacturing plant where about 800 people worked before the company decided to close it.Pfizer announced today it had hired a real estate services company to market the 1,000-acre site where the company has had operations since 1948.

Report card for schools released  The state Department of Education?s annual Report Card, released Monday, aims to hold all systems accountable for student learning, despite different stages of progress, and to allow parents to judge for themselves a school?s strengths and weaknesses.

Man jailed for assault on boy, 9  A 31-year-old Concord man is in jail on $60,000 cash bail for allegedly beating his girlfriend's 9-year-old son over two nights. The police arrested Christian Hajnal of Village Street on Friday, shortly after school officials reported the boy's injuries, the police said.

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