latest news releases from the newsroom
Primoris Services Corporation
Primoris Services Corporation Names John P. Schauerman Executive Vice President, Corporate Development and Appoints Peter J. Moerbeek Executive Vice President, Chief Financial Officer
LAKE FOREST, Calif., Feb. 10, 2009 (GLOBE NEWSWIRE) -- Primoris Services Corporation (Nasdaq:PRIM) (Nasdaq:PRIMU) (Nasdaq:PRIMW) ("Primoris" or "Company"), one of the largest specialty contractors and engineering companies in the United States, today announced that John P. Schauerman has been named to the newly created position of Executive Vice President, Corporate Development and that Peter J. Moerbeek has been named Executive Vice President, Chief Financial Officer. Both appointments were effective February 6, 2009.
Meritage Homes Corporation
Meritage Homes Announces Exchange and Retirement of Debt for Equity
SCOTTSDALE, Ariz., Feb. 10, 2009 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE:MTH) today announced that it has retired $4,298,000 principal amount of its 7.731% senior subordinated notes due 2017, by issuing in exchange for these notes 149,994 shares of its common stock in a privately negotiated transaction. At yesterday's closing price of $15.76 per share, the implied discount on the face value of the notes retired was 45%.
Beacon Enterprise Solutions Group, Inc.
Beacon Solutions Announces Three Phase VoIP Deployment for a Leading Hotel and Casino Operator
LOUISVILLE, Ky., CINCINNATI and COLUMBUS, Ohio, Feb. 10, 2009 (GLOBE NEWSWIRE) -- Beacon Enterprise Solutions Group, Inc. (OTCBB:BEAC) today announced that the company has been chosen by a leading operator of casinos and related hotel and entertainment facilities to install and maintain an extensive Voice over Internet Protocol (VoIP) telecommunications system for their newly consolidated Operations Center in Las Vegas.
Hill International, Inc.
Hill International Selected as Program Manager for Metro Gold Line Foothill Extension in Southern California
MARLTON, N.J. and IRVINE, Calif., Feb. 10, 2009 (GLOBE NEWSWIRE) -- Hill International (NYSE:HIL), the global leader in managing construction risk, announced today that it has been selected by the Metro Gold Line Foothill Extension Construction Authority, an affiliate of the Los Angeles County Metropolitan Transportation Authority (Metro), to provide program management services in connection with design and construction of the $458 million Phase 2A of the Foothill Extension, an 11.4-mile extension of Metro's Gold Line from Pasadena to Azusa in Southern California.