1031 Exchange
 

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News

Patriot Transportation Holding, Inc. Announces Agreement to Sell Land and Presentation at BB&T 25th Annual ... (PR Newswire via Yahoo! Finance)
Patriot Transportation Holding, Inc. announced today that a subsidiary of the Company, Florida Rock Properties, Inc., entered into an agreement to sell approximately 1,844 acres of land in Caroline County, Virginia, to the Commonwealth of Virginia, Board of Game and Inland Fisheries. Â The purchase price for the property is $5,200,000, subject to certain deductions. Â The Company is also ...

A&B Reports 2009 Net Income of $44.2 Million (Business Wire via Yahoo! Finance)
HONOLULU----Alexander & Baldwin, Inc. today reported that net income for the full year 2009 was $44.2 million, or $1.08 per diluted share. Net income for the full year 2008 was $132.4 million, or $3.19 per diluted share.

TowneBank Announces Cash Dividend on Preferred Stock (GlobeNewswire via Yahoo! Finance)
SUFFOLK, Va. -- Hampton Roads based TowneBank announced today that its Board of Directors on January 27, 2010 declared a quarterly cash dividend of $2.00 per preferred share on its 8% Non-Cumulative Convertible Preferred Stock, Series A. The dividend is payable on March 2, 2010 to shareholders of record on February 12, 2010.

TowneBank Reports Higher Earnings for 2009 (GlobeNewswire via Yahoo! Finance)
SUFFOLK, Va. -- Hampton Roads based TowneBank reported double digit growth in net income for the fourth quarter and the full year ended December 31, 2009.

Deutsche Bank Appointed Qualified Intermediary on Toyota Motor Credit Corporation Auto Lease Like-Kind Exchange Program (Business Wire via Yahoo! Finance)
NEW YORK----Deutsche Bank today announced it has been appointed as Qualified Intermediary on Toyota Motor Credit Corporation?s like-kind exchange program.