(Found on Bloomberg and, while reading, I thought to myself…….IS IT TIME TO BUY A VACATION HOME IN SPAIN …… or should you wait until next year?) The number of foreclosed homes for sale in Spain may triple next year as new accounting rules prompt lenders to dump their depreciating assets, according to the co-founder…

Found on Reuters.com this morning……… American Reprographics Company Closes Bond Offering9:00am EST, Dec 2, 2010 American Reprographics Company announced that on December 1, 2010, it completed a private offering of senior unsecured notes due December 15, 2016, in the aggregate principal amount of $200 million (the Notes). The Notes are senior unsecured obligations of the…

In the previous post, I mentioned that American Reprographics (ARC) is in the process of selling notes; this, to raise funds that will be used to retire its line of credit. The existing line of credit has all sorts of covenants and restrictions. In addition, the existing line of credit requires substantial “pay-downs” of principal…

BofA, JPMorgan, Wells Fargo handle American Reprographics debt sale(This short news article was found on SmartTrading.com, Posted on: Wed, 24 Nov 2010 10:27:10 EST) 24 November 2010 – Bank of America Merrill Lynch, JPMorgan (NYSE: JPM) and Wells Fargo (NYSE: WFC) acted as book-runners for American Reprographics Company’s (NYSE: ARP) private placement of $200,000,000 senior…

Service Point SolutionsQ3 2010 Results(www.servicepoint.net), (per report found on SP’s web-site, dated November 15, 2010.) I was unable to find an English version of SP’s report, so I used Google translate to translate the report from Spanish to English. While Google translate is pretty good, it is not perfect! Through the first 9 months of…

It looks like it’s going to be “flip-flop-flip-flop” for a few more months. Architecture Billings Index Reverts Back into Negative TerritoryInquiries for new projects remain extremely high Contact: Scott Frank202-626-7467sfrank@aia.org http://twitter.com/AIA_Media For immediate release:Washington, D.C. – November 17, 2010 – Following the first positive reading since January 2008 (which happened last month, September), the Architecture…

(This post was originally written the day ARC announced its Q2 2010 results, but I forgot to activate the post.) After the market closed today, ARC reported its Q3 2010 results Considering the fact that ARC released the bad news (the downward EPS and cash-flow revisions ARC previously announced) on October 11th, there were no…

A few days ago, one of my industry friends told me that ARC’s CEO, Suri, was interviewed by the San Francisco Business Times and that the article about that interview appeared in the SFBT on October 18, 2010 Title of the article:Kumarakulasingam ‘Suri’ Suriyakumar, chairman, president and CEO of American Reprographics Co. And, you can…

ARC will announce its Q3 2010 revenues and earnings on November 2nd, just a few days from now. The “big question” is, “will that announcement have much of an affect, if any, on ARC’s stock price?” I think not. And, I say that because of this:a) on October 8, 2010, ARC’s stock price closed at…

Recent Press Release from ABC Imaging….. ABC Imaging hires Scott Butikis to lead development of document solutions strategyWashington, DC—September 17, 2010—ABC Imaging recently announced it has hired Scott Butikis, Assoc. AIA, as Director of Document Solutions. In the new position, Mr. Butikis will lead ABC Imaging’s product development and marketing strategy effort for BlueprintOnline.com, the…