The economic damage caused as a result of the sub prime crisis is limited and should not cause major damage to the U.S. economy, according to a new study by Housing Predictor.

ewswire-FirstCall/ -- Owens Corning (NYSE: OC) announced today that it has reached a definitive agreement to sell its Siding Solutions business to Saint-Gobain for $371 million. The sale includes the company's Norandex/Reynolds distribution business with 153 U.S. distribution centers in

For the first time, residents are moving to the intersection of Hollywood Boulevard and Vine Street as Hollywood's first adaptive re-use project is now complete. Developed as residential urban living by Palisades Development Group, the building was constructed in 1929

Pulte Homes (NYSE: PHM ) today announced preliminary, unaudited financial and operating results for its second quarter 2007. The Company expects a loss in the range of $2.00 to $2.10 per share from continuing operations for the quarter, including impairments,

On July 17, 2007, J. Neal Ferry, Chief Operating Officer of Astec Industries, Inc. (the "Company"), Group Vice President, Aggregate and Mining, and a member of the Company's Board of Directors notified the Company that he was resigning his employment

MISSISSAUGA, ONTARIO (MARKET WIRE) Chartwell Seniors Housing Real Estate Investment Trust (TSX: CSH.UN) ("Chartwell REIT") announced today a cash distribution of $0.08875 per Trust Unit for the month of July, 2007. The cash distribution will be payable on August 15,

DEDHAM, MA (MARKET WIRE) Reflexis Systems Inc., the pioneer and leader in next-generation Retail Execution Management, today announced that Homebase, the second largest DIY retailer in the United Kingdom, has selected RetailAction(TM) solutions to improve productivity and ensure a consistently

CALGARY, AB (MARKET WIRE) Budget Waste Inc. (PINKSHEETS: BDGW) today announced that following a successful fiscal 2006 year, aggressive plans have been laid out for the 2007 year.

MONTREAL, QUEBEC (MARKET WIRE)

RESTON, VA (MARKET WIRE) Comstock Homebuilding Companies, Inc. (NASDAQ: CHCI) announced today that it will hold an investor conference call hosted by Christopher Clemente, chief executive officer, and Bruce Labovitz, chief financial officer, to discuss financial results for the second

TORONTO, ONTARIO (MARKET WIRE) Oxford Properties Group ("Oxford") today announced the acquisition of a 250-year ground lease from UBS South East Recovery Fund ("UBS") to develop Watermark Place. Watermark Place will be a landmark 11 storey, 530,000 square foot office

BEIJING (MARKET WIRE) Researched by Industrial Info Resources (Sugar Land, Texas). Since 2006, China has focused power construction on the nation's power grid. The nation's two grid giants, the State Grid Corporation of China (State Grid) and the China Southern

SUGAR LAND, TX (MARKET WIRE) Researched by Industrial Info Resources (Sugar Land, Texas). Investor owned biodiesel venture Iowa Renewable Energy LLC has completed plant construction and has begun biodiesel production at a new plant.

COOPER CITY, FL (MARKET WIRE) Effective today, the name and corporate identity of China Direct Trading Corporation (OTCBB: CHDT), a consumer products manufacturer focused on placement of consumer products into the U.S. mass retail, changed its name to "CHDT Corporation"

MISSISSAUGA, ONTARIO (MARKET WIRE) Chartwell Seniors Housing Real Estate Investment Trust (TSX: CSH.UN) will issue its financial results for the three and six months ended June 30, 2007 during the afternoon of Thursday, August 9, 2007.

VANCOUVER, BC (MARKET WIRE) Elgrande International (OTCBB: EGDI) announced today that the Company's wholly owned subsidiary, Intelligent Living Corp. (ILC) (www.intelligent-living.us), has completed the system design, equipment layouts and installation of structured wiring for a comprehensive digital-home project located in

TORONTO, ONTARIO (MARKET WIRE) Canadian Apartment Properties Real Estate Investment Trust ("CAP REIT") (TSX: CAR.UN) announced today its July 2007 monthly distribution in the amount of $0.09 per Unit. The July distribution will be payable on August 15, 2007 to

Desert Plastering, a Las Vegas plastering and masonry company, has agreed to pay $1,147,921 in back wages to 1,060 current and former employees following an investigation by the U.S. Department of Labor's Wage and Hour Division. Investigators found that the

Encore Energy Systems, Inc. (OTC: PKEH.PK), a rapidly growing diversified energy company, has been awarded additional new business on the Lake Travis development through its subsidiary American Geothermal. American Geothermal originally contracted to do the mechanical design and engineering on

Mueller Water Products, Inc. (NYSE: MWA.B, MWA) today announced that it will release financial results for its third quarter 2007 ended June 30, 2007 on Thursday, August 2, 2007 after market close. The Company will hold a conference call hosted