Second Mortgage Loan Minnesota
Liberty Property Trust Announces Second Quarter Results
MALVERN, Pa., July 24 /PRNewswire-FirstCall/ -- Liberty Property Trust reported that net income per common share (diluted) was $0.76 per share for the quarter ended June 30, 2006, compared to $0.51 per share (diluted) for the quarter ended June 30, 2005. For the six-month period ended June 30, 2006, net income per common share (diluted) was $1.76, compared to $1.03 for the same period in 2005.
Funds from operations available to common shareholders (diluted) ("FFO") for the second quarter of 2006 was $0.80 per share, compared to $0.84 per share for the second quarter of 2005. Operating results for the second quarter of 2006 included lease termination fees of $3.8 million, or approximately $0.04 per share diluted FFO. FFO per share for the six-month period ended June 30, 2006 was $1.57 per share compared to $1.65 for the same period in 2005.
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Nation's Largest Online Bank to Double Minnesota Workforce; ING ...
ST. CLOUD, Minn.--(BUSINESS WIRE)--July 21, 2006--Governor Tim Pawlenty and St. Cloud Mayor Dave Kleis announced today that ING DIRECT will nearly double the size of its staff in St. Cloud and enlarge its Minnesota facility by 80,000 square feet as part of an expansion in a Job Opportunity Building Zone (JOBZ).
The JOBZ initiative is Governor Pawlenty's marquee program for stimulating economic development in Greater Minnesota. It offers a variety of local and state tax incentives to eligible companies that startup, expand or relocate in one of 10 designated zones.
Representatives from ING DIRECT joined Governor Pawlenty and Mayor Kleis to announce that the company will add 400 new jobs over the next three years in information technology, sales, deposit processing, loan processing, and administration.