Jones Lang LaSalle Incorporated (JLL), a leading full-service real estate firm that provides corporate, financial and investment management services, has been recently selected as the "Supplier of the Year" by Procter & Gamble Co. (PG) for the second consecutive year. The award is recognition of Procter & Gamble’s suppliers and external business partners and is based on broad-based quantitative and qualitative evaluations of its employees.   Jones Lang was selected as the facility manager of Procter & Gamble in 2003. The mutually beneficial relationship has expanded over time, and Jones Lang currently provides integrated facility management, project management, transaction management and energy and sustainable services to Procter & Gamble. Jones Lang has a broad range of real estate product and services, and an extensive knowledge of domestic and international real estate markets enabling it to operate as a single-source provider of real estate solutions. With a ...

Diamond Hill Investment Group, Inc. last week reported net income of $3.20 million, or $1.23 per diluted share, for the quarter ending 9/30/09. These results were up strongly from the $1.22 million, or $0.50 per diluted share, reported in the same quarter of 2008.

The management of Diamond Hill Investment Group, Inc. attributed the results to a positive investment return of $2.0 million during the quarter. Ric Dillon, the President, said, “Our primary business objective is to fulfill our fiduciary responsibility to our clients by achieving excellent long term investment returns. I am pleased that our strategies have generally outperformed their benchmarks over the past five years.”

Diamond Hill Investment Group, Inc. reported assets under management (AUM) of $5.489 billion, down 1% from the $5.548 billion one year earlier. Revenues were reported at $11.3 million in the quarter, down 15% from last year.

Diamond Hill Investment Group, Inc. offers

...

Jones Lang LaSalle Inc. (JLL) reported third quarter earnings of 61 cents per share, which were above the Zacks Consensus Estimate by a penny. The company earned 66 cents per share in the year-ago quarter. Revenues for the quarter came in at $595.3 million compared to $677.08 million recorded in the year-ago quarter. Jones Lang divides its business into two primary segments: Investor and Occupier Services (IOS) and Investment Management (IM). The IOS segment is sub-divided into three geographic regions – the Americas, EMEA (Europe, Middle East, Africa) and Asia Pacific.   Revenues from the EMEA segment declined 26% to $154 million, while in the Americas region revenues came in at $239 million thus reflecting a decline of 6%. However, in the Asia-Pacific region revenues increased 2.9% to $136 million. The IOS division contributed approximately 89% of total revenue in the quarter. Total operating expenses for ...

Jones Lang LaSalle Inc. (JLL), a leading real estate investment trust (REIT), has been selected by SunTrust Banks Inc. (STI), a premier banking organization in the U.S., to provide integrated facility management services across its entire portfolio spanning 16 million square feet.

With the deal, Jones Lang would be entrusted to effectively manage the day-to-day tasks related to the operations across SunTrust’s facilities. SunTrust operates an extensive branch and ATM network throughout Florida, Georgia, Maryland, North Carolina, South Carolina, Tennessee, Virginia and Washington, DC. Jones Lang’s leading position in property and corporate facility management services would enable it to improve the operational efficiency of SunTrust.

On the other hand, the deal strengthens Jones Lang’s position in the market and offers it an expanded role in the operations of one of the largest banking organizations of the country. Jones Lang is a leading full-service real estate firm that provides corporate, financial,

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Jones Lang LaSalle Inc. (JLL), a leading real estate investment trust (REIT), recently reasserted its strategic alliance with Cisco Systems, Inc. (CSCO), a premier global Internet networking services company, and further extended it for five years. The mutually beneficial partnership encompasses transaction management, lease administration, and surplus property management services of the 24 million square feet global portfolio of Cisco. The deal strengthens Jones Lang’s position in the market and offers it an expanded role in the operations of Cisco. Jones Lang had been delivering real estate services to Cisco since 2001. The company offered an established global platform, resources, and expertise that enabled Cisco’s Workplace Resources Group to attain operational excellence. The Real Estate and Workplace Resources Group of Cisco is responsible for construction and development worldwide as well as facility and security operations. Jones Lang is a leading full-service real estate firm that ...

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Friday September 25, 2009

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CSRH, GS, ETFC

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CSRH, Consorteum Holdings Inc, CSRH.OB

CSRH is a company in the financial services, payment and transaction processing industries.

CSRH provides electronic transaction processing and management services to financial institutions, healthcare, government, public and private sector companies. CSRH’s services provide customized, innovative technology solutions that create, augment and enhance customers’ existing financial, payment and transactional processing systems.

CSRH has established an agreement with a third party partner within the payment processing industry to offer Merchant Discount Rates. Consorteum will leverage this new partnership to offer competitive Merchant Discount Rates and Point of Sale hardware to

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According to a report published by Jones Lang LaSalle Incorporated (JLL), a leading real estate investment trust (REIT), the U.S. commercial real estate (CRE) market boom is likely to occur early in the next decade at the earliest. During the second quarter of 2009, CRE sales were $5.2 billion compared to $30.7 billion in the year-earlier quarter and drastically down from $114.7 billion in the second quarter of 2007. In the first half of 2009, CRE sales were $16 billion -- down 80% year over year, and down 93% compared to the first half of 2007. The decline is primarily due to the credit-constrained market, which has virtually shut down avenues like mortgage lending and other loans essential for real estate sales and refinancing. The credit crunch has widened the bid-ask spread between buyers and sellers of CRE, which has further caused deal volumes to fall ...

Goldman Sachs Group Inc. (GS) is hitting new 52-week highs but its stock remains cheap as earnings estimates rise. The company is trading at just 10.9x estimates. As trading revenues have soared, analysts expect year over year earnings growth of 261.78%.

Company Description

Goldman Sachs Group is a financial services firm offering investment banking, securities and investment management services to corporations, governments and high-net-worth individuals.

Zacks Consensus Estimates Spiking

There hasn't been much news out of Goldman Sachs since I last reviewed the company in July. But analysts continue to be extremely bullish on the company and estimates are jumping.

The third quarter Zacks Consensus Estimate rose 8 cents in just the last 7 days to $3.49 per share. That is up from $2.57 per share 90 days ago.

The outlook for the full year has also drastically changed in the last 3 months as the full year Zacks

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Jones Lang LaSalle Incorporated (JLL), a leading real estate investment trust (REIT), has recently tied up with Real Estate Disposition LLC, a global leader in real estate auction marketing, for online auctions of commercial properties.   The strategic move is intended to provide an impetus to the beleaguered commercial real estate market that was bogged down in the continued economic downturn and sub-prime crisis. The online auction program would increase the scope of traditional outreach and expose the property to a comparatively wider base of investors. The first property to be auctioned online is an office building spanning 100,000 square feet in Ohio. The building was earlier occupied by Procter & Gamble Co (PG) and later became a surplus facility for the company when it shifted its headquarters to Cincinnati. Jones Lang is a leading full-service real estate firm that provides corporate, financial and investment ...

According to a report published by Jones Lang LaSalle Incorporated (JLL), a leading real estate investment trust (REIT) in the U.S., the retail market is likely to recover in 2010, with discount retailers benefiting the most from the recovery.   The continued softness in the economy has led to a reduction in disposable income and a cut in consumer discretionary spending. Consequently, consumers are more attracted to national and local department stores and discount stores that offer products at fire-sale prices. The JLL report added that B- and C-level retail centers, which offer merchandise at discounted prices, are better positioned to lead the market recovery through increased consumer traffic in their stores. Furthermore, these retailers are also quite flexible and modify their business strategies to realign the inventory to sales trends. In order to support its claim, the report has cited the meteoric rise of Costco ...