Financials

The week's business headlines

Green building owners eligible for tax deduction
The Building Energy Efficiency Standards Program included in the Energy Conservation and Policy Act of 2005 allows commercial building owners to receive tax deduction if their buildings achieve a reduction in energy use… read more

H.B. Fuller approves two-for-one common stock split
The board of directors for H.B. Fuller of St. Paul, Minn., approved a two-for-one stock split, payable Aug. 4 to shareholders of record as of July 28, according to a July 14 company release. The board also declared a regular quarterly cash dividend of $0.1250 per share, and adopted a new shareholder rights plan, according to the release… read more

Guardian plans $43 million furnace rebuild at Texas facility
Officials from Guardian Industries of Auburn Hills, Mich., announced plans to rebuild a 13-year old furnace at its Corsicana, Texas facility, according to a July 15 article in the Corsicana Daily Sun. Construction is set to begin Dec. 1… read more

2006 profits way up for Saudi Arabian glassmaker
Officials from Saudi Arabia’s Zamil Industrial Investment Co., a manufacturer and fabricator of glass, steel, air conditioners and insulation, expect to see 2006 profits hit $25.9 million, an 83 percent increase over last year, according to a July 17 article from the Trade Arabia new agency, based in Bahrain… read more

Serbian flat glass company up for public auction
The Privatization Agency of Serbia put flat-glass company Pancevo Glass Industry of Belgrade up for public auction July 13, according to an article the same day from Eastbusiness.org of Vienna… read more

 

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