China Architectural Engineering, Inc. (CAE) (NASDAQ:CAEI ), a leader in the design, engineering, fabrication and installation of high-end building envelope systems, today announced that Wang Xin, former CFO of the Company, has been appointed as the Company’s interim CFO, to replace Xin Yue Jasmine Geffner, who has decided to leave CAE for personal reasons, effective [...]

Alternative Construction Company, Inc. (OTC Bulletin Board: ACCY) released today its first quarter sales and profits for 2007. Pursuant to its recent restructuring, earnings results compared favorably with year ago results. Both profit and revenue numbers were the result of a year long effort to effectuate efficiency measures, productivity gains, cost of capital reductions, raw [...]

Executives from Caterpillar Inc., Mitsubishi Heavy Industries Ltd. and Shin Caterpillar Mitsubishi Ltd. have signed a nonbinding memorandum of understanding to conclude a plan that would result in a new ownership structure for SCM.
The companies are in discussions with the intention of reaching definitive agreements for the plan where Caterpillar would own the majority [...]