Moving and Storage Business News

The News Review:

- Riding the REIT Buyout Wave
- The Week: February 19 – 25.(The Insider)
- Oracle Ships Free Information Life-Cycle Management Tool
- HP Introduces Low-Cost Backup System For SMBs

Riding the REIT Buyout Wave
Forbes – Feb 26, 2007
It has shown the highest steady earnings growth of any REIT on our Gold List with five-year annualized growth in adjusted FFO of 11. AFFO is expected to grow another 26% this year. Because the company is trading at a 47% premium to NAV it’s unlikely to attract the attention of any private equity firms.

The Week: February 19 – 25.(The Insider)
Free with registration – Crain's Cleveland Business – AccessMyLibrary.com – Feb 26, 2007
(The Insider) –> COPYRIGHT 2007 Crain Communications, Inc. The big story: Farm equipment maker Deere & Co. has agreed to buy Cleveland-based turf care products company Lesco Inc. 50 per share, or $135 million. Upon completion of the deal, Lesco would become part of John Deere Landscapes, a wholesale distributor of irrigation, nursery, lighting and landscape materials.

Oracle Ships Free Information Life-Cycle Management Tool
InformationWeek – Feb 26, 2007
The practice requires that all data entered into the system has been assigned a type or category based on access rules, retention requirements, and business practices. To avoid storing all data on a high-priced storage device, Oracle said its ILM Assistant helps companies in moving information accessed infrequently to lower-priced hardware for long-term storage. Such information is often kept for regulatory or legal reasons. The new tool includes a graphical user.

HP Introduces Low-Cost Backup System For SMBs
InformationWeek – Feb 26, 2007
Pricing starts at $2,000. HP unveiled the beefier StorageWorks All-in-One Storage System last September, marking the company’s first $5,000 NAS-iSCSI appliance for the small and medium-sized business market. In releasing the product, the company went head-to-head against other top storage vendors, such as EMC and Network Appliance, which are trying to reshape the.