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CEM Capital Announces Jonathan Croxton as Director (Business Wire via Yahoo! Finance)
Mon, 07 Jul 2008 15:00:00 GMT SAN JUAN CAPISTRANO, Calif.----The president of CEM Capital, Charles E. Mills, formally announced today that Mr. Jonathan Croxton has joined the firm as Director. Mr. Croxton will utilize his extensive experience in commercial real estate finance and analysis to build and manage client relationships and underwrite new loan portfolios.

Kenya: We Sold Grand Regency Hotel At Its Highest Price, Says CBK (AllAfrica.com)
Mon, 07 Jul 2008 08:12:10 GMT Central Bank has come out strongly to defend itself against charges of wrong doing over the sale of Grand Regency Hotel.

Positive Independent Feasibility Study for Platinum Group Metals' Project 1 Platinum Mine (Marketwire via Yahoo! Finance)
Mon, 07 Jul 2008 13:15:00 GMT Platinum Group Metals Ltd.(AMEX: PLG) announces a positive Feasibility Study for the Project 1 Platinum mine of the Western Bushveld Joint Venture in South Africa.

Fox Petroleum Completes Kansas Lease Purchases and Secures New Drilling Rig for 10 Wells on the Properties (Business Wire via Yahoo! Finance)
Mon, 07 Jul 2008 13:00:00 GMT LONDON----Fox Petroleum Inc is pleased to announce that it has now completed the purchase of the 3 Kansas leases and has secured the services of AA Drilling of Wichita, Kansas. AA Drilling will drill Fox’s proposed development project in the Geneseo-Edwards Field located in Ellsworth County.

Banro's pre-feasibility study of its Twangiza gold project indicates gold production of 2.3 million ounces at average ... (PR Newswire via Yahoo! Finance)
Mon, 07 Jul 2008 12:00:00 GMT Banro Corporation is pleased to announce completion of the Pre-Feasibility Study of its wholly-owned Twangiza project, located on the Twangiza-Namoya gold belt in the Democratic Republic of the Congo .

Financial Stocks: CIT rallies on exit from mortgage business (Market Watch)
Tue, 01 Jul 2008 15:25:28 GMT CIT Group stands out among financial-sector stocks, rallying as the commercial-finance company announces the sale of its manufactured-housing portfolio and home-lending unit for a total of $1.8 billion.

CIT sells home lending operations for $1.8 billion (Market Watch)
Tue, 01 Jul 2008 11:54:48 GMT Shares of CIT Group rallying, eclipsing Monday's losses, asthe commercial finance company agrees to sell its home lending business and manufactured housing portfolio for a total of $1.8 billion.

UPDATE: CIT Sells Home Lending Operations For $1.8 Billion (Nasdaq)
Tue, 01 Jul 2008 18:28:31 GMT LONDON (Dow Jones) -- Shares of CIT Group Inc. jumped about 15% Tuesday, rallying after the commercial finance company said that it's agreed deals to sell its home lending business and manufactured housing portfolio for a total of $1.8 billion, marking its exit from all home lending operations.

Europe Pipeline At Cyclical High | Lodging Econometrics Reports (Hospitality Net)
Fri, 04 Jul 2008 07:56:27 GMT Lodging Econometrics (LE), the Global Authority for Hotel Real Estate, has released its Construction Pipeline Report for Europe, announcing the Total Construction Pipeline at a new cyclical high of 1,031 projects/172,815 guestrooms at the end of Q1 2008. LE President Patrick Ford commented, “The Pipeline in Europe continued to grow, propelled by peak occupancy rates, ADR and RevPAR in many ...

Giving Corporations A Blank Check (Forbes)
Wed, 02 Jul 2008 19:01:03 GMT SPACs are hot investment vehicles, but if you don't understand them, they're just another acronym for trouble.

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