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OBS Reports on 2007 International Builders' Show and Foster Wheeler Awarded Design Contract

China Direct Trading Corporation (OTC BB:CHDT) subsidiary Overseas Building Supply (OBS) recently reported on results from exhibiting at the 2007 International Builders' Show in the Orlando, Florida Orange County Convention Center. (http://www.buildersshow.com) "The builders and roofing suppliers we met with at IBS appeared to be excited about our tile offerings and our ability to provide superior products at what we perceive as very competitive pricing," said Howard Ullman, Chairman and CEO of OBS parent company China Direct Trading.

Engineering and construction Services Company Foster Wheeler Ltd. (Nasdaq:FWLT) said Thursday it won a front-end engineering design and project management services contract for a new Saudi petrochemical plant. Foster Wheeler Energy Ltd., a unit of Foster Wheeler Ltd., will help determine the project's estimated costs for the engineering, procurement and construction of the complex and help issue and evaluate bids. McDermott International, Inc. (NYSE:MDR) recently announced it expects to release financial results for the fourth quarter of 2006 during the evening of Thursday, March 1, 2007. The Company will host its quarterly conference call with the financial community the following morning, Friday, March 2, at 11:00 a.m. (ET). The Company invites investors and other interested individuals to listen to the call live or to the replay, both available on McDermott's website, www.mcdermott.com, in the investor relations section. The homebuilder Beazer Homes USA Inc. (NYSE:BZH) has fired its general counsel for undisclosed violations of company policies, according to a regulatory filing. The Atlanta-based company said in a Securities and Exchange Commission filing on Wednesday that Kenneth J. Gary was terminated for cause effective two days earlier "for a pattern of personal conduct which includes violations of company policies."

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