| Sovran Self Storage "buy," price objective raised
NEW YORK, July 10 (newratings.com) - Analyst John L Sheehan of AG Edwards reiterates his "buy" rating on San Antonio Storage (SAS.NYS). The price objective has been raised from $51 to $54.
In a research note dated July 6 and published this morning, the analyst mentions that the companys stock is trading at a premium to the net asset value (NAV). The analyst considers the expected 7.25% capitalization rate of Sovran Self Storage's recently acquired 20 property portfolio as conservative. .
Council delays action on two water related projects
City lawmakers delayed making decisions on two water related projects Monday that involve adding capacity to the city's water system.The council deferred action for two weeks on awarding a contract to Olsson Associates to complete the Water Master Plan that would include improvements needed to develop the proposed Southbridge industrial area south of Sioux Gateway Airport.The council delayed authorizing the construction of the Southeast Morningside Reservoir because of concerns voiced once again by property owners living east of Sioux City who don't want the reservoir on their land. The council will take up that issue in two weeks.Councilman Jim Rixner questioned spending $91,607 on the Olsson contract. Councilman Jason Geary said he thought it sounded like "too much money." Councilman Brent Hoffman wanted to know why city staff couldn't do the study.Rick Mach, water plant superintendent, explained that Olsson would look at supply, storage and where the water could be obtained in the new industrial area, as well as making recommendations on whether a new wastewater treatment plant should be built to handle the industries' waste water.
TIG Opens International Office; New Location in Germany Will ...
SAN DIEGO--(BUSINESS WIRE)--July 13, 2006--Technology Integration Group (TIG), a leading systems integrator and technology reseller, announced today that the company has established its first international location in Heidelberg, Germany. A well-established technology integrator with over 24 years of experience and 19 offices in the United States, TIG opened the new office to support the technology needs of Department of Defense organizations throughout Europe, the Middle East and Africa (EMEA), and to develop new opportunities in the region. The TIG EMEA operation will fulfill customer requirements for a wide range of IT products and services. Solutions provided will range from the desktop to the datacenter, with emphasis on network infrastructure (passive and active), as well as on military specific solutions.
Readers take trip down memory lane
From long drives with Fido to cross country excursions in a classic car, cruising the open road not only is the ultimate summer vacation, but also a time-honored tradition for many Express-News readers. We invited you to share your holiday road trip memories via stories and photos and, boy, did you ever. Dozens of letters — including one written by a child and a few accompanied by nostalgic black and white pictures — flooded our inbox. Here are our favorites. JoAnna Wilson Every year from the time I was 2 in 1960 to the time I was 10 in 1968, my family would load up the family car (in 1960 it was a four-door Plymouth) and head to Padre Island along with my aunt and uncle and their three sons for a whole week of roughing it on the beach. The anticipation and excitement grew closer as school ended and summer began.
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