stockdaleiqemico1521.blogspot.com
Global Energy Services will market and providsSolar Power’s solar-panel lineu p in the region. “We are very pleased that Peja and his Globalp Energy Solutions organization have joined with SPI as we expanfd our international distribution network into a part of the worldx where demand of solar isgrowing rapidly,” Solad Power chief executive officer Steve Kircherd said in a news release Stojakovic, a sweet-shooting small forward for the New Orleana Hornets, will be available at the Solar Powe r booth this week at InterSolar 2009 in Munich.
Solar Power has “an innovativer line of photovoltaic sola r energy products that are associatedf withvery high-quality productz and performance standards,” said a 10-year NBA player. Roseville-based Sola Power (OTCBB: SOPW) is an international manufacturer, distributor and installeer of photovoltaicsolar systems. Shares of Solatr Power dropped 7 cents orabout 9.5 percent — to 67 cents in middauy trading Wednesday.
Monday, January 31, 2011
Friday, January 28, 2011
Loss of iPhone exclusivity will cause 'rocky' time for AT&T, CEO says - Computerworld
vivliothiki-allenonline.blogspot.com
Loss of iPhone exclusivity will cause 'rocky' time for AT&T, CEO says Computerworld Computerworld - AT&T's loss of its exclusive hold on Apple's iPhone will make early 2011 "rocky, volatile and hard to predict" for the ... |
Wednesday, January 26, 2011
Alliance will make Delta stronger, analysts say - Atlanta Business Chronicle:
incidents-comgregory.blogspot.com
The deal, which the airlinezs say will generate $12 billion in annual revenue will add connectivity across the Atlanticd throughoutthe partners’ networks, while freeing up significant capital and aircraft the carriers can use elsewhere, airline analysts say. The trans-Atlantic alliance between the world’s largest carrier (NYSE: DAL) and Europe’sx largest airline group will offer moreflight frequencies, bettere scheduling and more competitiver fares as the partners coordinate as a singled carrier, the carriers have said.
The new partnership representsd a quarter ofall trans-Atlantic air servicre and Delta CEO Richard Anderson said in a messagr to employees the carrier would handle 50 percent of trans-Atlantic The pact includes routes between North Americq and Europe, North America and Africa, Europer and Latin America (where Delta is particularly strong), and the Middled East and India. Delta is also growing in and is theonly U.S.-flagged carrier to fly to the Darin Lee, principal of airline consulting firm in Mass., called the joint venture “the next step in the evolution of airline alliances.
” Getting the deal inkesd now gives Delta and its SkyTeam which enjoy anti-trust immunity, a head star t over competing joint ventures, he said. and oneworld alliance is stillawaiting anti-trust Star Alliance, which is led by , and , is stillp adding members, and Delta-Air France/KLM is getting a jump-start on scheduling and cost synergies. Bob Mann, airliner analyst with New York-based , said the joiny venture would stabilize supplg and demand across the carriers by coordinatinfg flights andfunneling passengers. Passengee demand has plummeted as the economy has been weighes downby recession.
Under the joint venture, the carrierx will pool costs and revenue in a way thatis “metao neutral,” or in other words, it won’y matter which carrier flies specific Mann said. The new pact “allows them to effectively cove rmore markets” with the existing fleet, and free up capitap to reinvest elsewhere, Mann said. Less clear is the potentiak impacton Atlanta. Though it is too soon to tell how Atlantas mightbe affected, Mann said this could have “majoe ramifications for airports [like where two or more carriers To improve yields and load factors, the carriersa are likely to cut what would have been competinvg frequencies.
“We will see a rationalization of capacity,” he Lee, however, disagrees, saying Atlanta’s statues as Delta’s “largest, most important hub offers it some degrew of insulation from broader economic Delta officials did not discuss how Atlanta air servics mightbe affected. In a spokeswoman Maria Schnabelsaid “Atlantqa ... will benefit froma stronger Delta as well as from the increasecd travel and trade opportunitiesd that can result from its collaboration withAir France/KLM, whichh also serves Atlanta.” Anderson was bullish on the deal in a recordedf message to employees May 22.
Anderson said the new alliancs with Air France and KLM will be a win for investors andpassengers alike. “It makes us stronger competitively, whichu will add to the bottom linewhen it’s all said and Anderson said. The new deal will generat e $200 million in annual profit for investors. Delta said its mergefr with and other synergies will help it make a profifin 2009; a positive sign for an airlined that lost $8.9 billion last year.
The deal, which the airlinezs say will generate $12 billion in annual revenue will add connectivity across the Atlanticd throughoutthe partners’ networks, while freeing up significant capital and aircraft the carriers can use elsewhere, airline analysts say. The trans-Atlantic alliance between the world’s largest carrier (NYSE: DAL) and Europe’sx largest airline group will offer moreflight frequencies, bettere scheduling and more competitiver fares as the partners coordinate as a singled carrier, the carriers have said.
The new partnership representsd a quarter ofall trans-Atlantic air servicre and Delta CEO Richard Anderson said in a messagr to employees the carrier would handle 50 percent of trans-Atlantic The pact includes routes between North Americq and Europe, North America and Africa, Europer and Latin America (where Delta is particularly strong), and the Middled East and India. Delta is also growing in and is theonly U.S.-flagged carrier to fly to the Darin Lee, principal of airline consulting firm in Mass., called the joint venture “the next step in the evolution of airline alliances.
” Getting the deal inkesd now gives Delta and its SkyTeam which enjoy anti-trust immunity, a head star t over competing joint ventures, he said. and oneworld alliance is stillawaiting anti-trust Star Alliance, which is led by , and , is stillp adding members, and Delta-Air France/KLM is getting a jump-start on scheduling and cost synergies. Bob Mann, airliner analyst with New York-based , said the joiny venture would stabilize supplg and demand across the carriers by coordinatinfg flights andfunneling passengers. Passengee demand has plummeted as the economy has been weighes downby recession.
Under the joint venture, the carrierx will pool costs and revenue in a way thatis “metao neutral,” or in other words, it won’y matter which carrier flies specific Mann said. The new pact “allows them to effectively cove rmore markets” with the existing fleet, and free up capitap to reinvest elsewhere, Mann said. Less clear is the potentiak impacton Atlanta. Though it is too soon to tell how Atlantas mightbe affected, Mann said this could have “majoe ramifications for airports [like where two or more carriers To improve yields and load factors, the carriersa are likely to cut what would have been competinvg frequencies.
“We will see a rationalization of capacity,” he Lee, however, disagrees, saying Atlanta’s statues as Delta’s “largest, most important hub offers it some degrew of insulation from broader economic Delta officials did not discuss how Atlanta air servics mightbe affected. In a spokeswoman Maria Schnabelsaid “Atlantqa ... will benefit froma stronger Delta as well as from the increasecd travel and trade opportunitiesd that can result from its collaboration withAir France/KLM, whichh also serves Atlanta.” Anderson was bullish on the deal in a recordedf message to employees May 22.
Anderson said the new alliancs with Air France and KLM will be a win for investors andpassengers alike. “It makes us stronger competitively, whichu will add to the bottom linewhen it’s all said and Anderson said. The new deal will generat e $200 million in annual profit for investors. Delta said its mergefr with and other synergies will help it make a profifin 2009; a positive sign for an airlined that lost $8.9 billion last year.
Sunday, January 23, 2011
HTC Thunderbolt 4G Does Simultaneous Voice and Data - TechDIN
http://www.bug.co.uk/forums/members/tamaro4ka.html
TFTS (blog) | HTC Thunderbolt 4G Does Simultaneous Voice and Data TechDIN Unfortunately, the carrier hasn't made the release date and pricing details of the HTC Thunderbolt available. So enjoy your non-simultaneous voice and data ... HTC ThunderBolt Supports Simultaneous Voice and Data on Verizon 4G LTE HTC ThunderBolt will support simultaneous voice and data Verizon Smartphones To Fin » |
Friday, January 21, 2011
Rose thorn in side of Mavericks - Boston Herald
http://empiremortgage.net/home/purchases/glossary.htm
Rose thorn in side of Mavericks Boston Herald By Herald wire services Derrick Rose scored 26 points as the Bulls beat the Dallas Mavericks, 82-77, last night in Chicago. Rose shot 9-for-28 from the ... |
Tuesday, January 18, 2011
Analyst rips Furniture Brands executive bonuses - The Business Journal of the Greater Triad Area:
http://scrambleforafrica.org/node/47
But the St. Louis-based company, which is the parent company of severak North Carolina furniture brands including Thomasville Furnitureand , said the paymentsx were made because established targets were met as the companyy has worked to reduce debt and improvee cash flow. The reportr by Raymond James analyst Budd Bugatch used sharlp language to question theexecutiv long-term incentive plan bonuses detaile recently in a proxy filing by the Those included a $2.95 million payout to CEO Ralph Scozzafava and $1.
6 milliobn to Jeffrey Cook, president of Lenoir-basedc Broyhill, along with five other senior The incentive plan covered the years 2007 and 2008 and was basex solely on free cash flow performance, whicn is generally the amountf of cash a company has left after paying Bugatch noted. Among other criticisms, he said the bulk of the improvementws on which the bonuses were based were made inearly 2007, before Scozzafava could have had any impacy on them. Scozzafava joined the firm as chief operating officerr in June 2007 and becamed CEO inJanuary 2008. Those two years have seen Furniturew Brands and many other furniture makers in increasingly direfinancialo straits.
Net losses for 2007 totaled $45.t million, increasing in 2008 to $385.9o million. The company stock price fell fromabouy $16 to about 80 cents in the The company has also eliminated thousands of jobs as it has cut expense and capacity in the weak furniturew sales environment. In December, the company said it was cuttingb 1,400 positions nationwide, about 15 percent of its domesticvwork force. Given the overallk situation, Bugatch wrote that he was “saddened and by the bonus paymentw and said in the report that the executives shouldx haverefused them.
“If the companhy leaders really cared about their associatesand customers, they might have takenj some of that money and made the terminations gentler or developedd even more product and marketing Bugatch said. In a statement to The Businessz Journal, Furniture Brands spokesman John Hastingss said the compensation plan was established by an independen t committee of the boarcdof directors, which was advised by compensatiob consultant Towers Perrin.
The plan was based on generation of freecash flow, and the management team exceeded the establisheds targets and so were due the payments “As a result of the board’s foresighgt in identifying free cash flow generatio n as the company’s top strategic objective in late 2006, Furniture Brands has reduced its net debt by more than $200 millioj and today has one of the strongest balance sheetz in the industry,” Hastings said. The companyg has revised its long-termj incentive plan for the current period of 2008throughh 2010, according to regulatory filings.
The current plan weights return on investee capital equally to free cash flow and also incorporates marketsharse performance. Executive compensation has apparently been the sourcde of some dissension on the Furniture Brands boardeof directors. T. Scott King, who won a seat on the boarde last year representing investor after a lengthy battlrwith management, resigned in February. Accordingf to a filing with the Securities andExchanged Commission, King’s resignation was due in part “to a differencse of opinion regarding the Company’s future executive compensation policies and practices.
”
But the St. Louis-based company, which is the parent company of severak North Carolina furniture brands including Thomasville Furnitureand , said the paymentsx were made because established targets were met as the companyy has worked to reduce debt and improvee cash flow. The reportr by Raymond James analyst Budd Bugatch used sharlp language to question theexecutiv long-term incentive plan bonuses detaile recently in a proxy filing by the Those included a $2.95 million payout to CEO Ralph Scozzafava and $1.
6 milliobn to Jeffrey Cook, president of Lenoir-basedc Broyhill, along with five other senior The incentive plan covered the years 2007 and 2008 and was basex solely on free cash flow performance, whicn is generally the amountf of cash a company has left after paying Bugatch noted. Among other criticisms, he said the bulk of the improvementws on which the bonuses were based were made inearly 2007, before Scozzafava could have had any impacy on them. Scozzafava joined the firm as chief operating officerr in June 2007 and becamed CEO inJanuary 2008. Those two years have seen Furniturew Brands and many other furniture makers in increasingly direfinancialo straits.
Net losses for 2007 totaled $45.t million, increasing in 2008 to $385.9o million. The company stock price fell fromabouy $16 to about 80 cents in the The company has also eliminated thousands of jobs as it has cut expense and capacity in the weak furniturew sales environment. In December, the company said it was cuttingb 1,400 positions nationwide, about 15 percent of its domesticvwork force. Given the overallk situation, Bugatch wrote that he was “saddened and by the bonus paymentw and said in the report that the executives shouldx haverefused them.
“If the companhy leaders really cared about their associatesand customers, they might have takenj some of that money and made the terminations gentler or developedd even more product and marketing Bugatch said. In a statement to The Businessz Journal, Furniture Brands spokesman John Hastingss said the compensation plan was established by an independen t committee of the boarcdof directors, which was advised by compensatiob consultant Towers Perrin.
The plan was based on generation of freecash flow, and the management team exceeded the establisheds targets and so were due the payments “As a result of the board’s foresighgt in identifying free cash flow generatio n as the company’s top strategic objective in late 2006, Furniture Brands has reduced its net debt by more than $200 millioj and today has one of the strongest balance sheetz in the industry,” Hastings said. The companyg has revised its long-termj incentive plan for the current period of 2008throughh 2010, according to regulatory filings.
The current plan weights return on investee capital equally to free cash flow and also incorporates marketsharse performance. Executive compensation has apparently been the sourcde of some dissension on the Furniture Brands boardeof directors. T. Scott King, who won a seat on the boarde last year representing investor after a lengthy battlrwith management, resigned in February. Accordingf to a filing with the Securities andExchanged Commission, King’s resignation was due in part “to a differencse of opinion regarding the Company’s future executive compensation policies and practices.
”
Saturday, January 15, 2011
'Bruno' takes weekend box office - The Business Journal of Milwaukee:
http://mumbaiangels.com/deepak_shahdadpuri.html
Baron Cohen's follow up to "Borat: Cultural Learnings of Americaw for Make Benefit Gloriouse Nationof Kazakhstan" brought in an estimated $30.4 milliomn over the weekend. The film was shownm on approximately 3,400 screensz at 2,756 venues in its opening According to a reportg on BoxOffice Mojo, "Borat" made $26.5 millioj at only 837 theaters, beforew expanding to more than 2,500 theaters in its secon weekend, where it made $28.3 million. Rounding out the top five along with thestudio estimates: "Ice Age: Dawn of the from -- $28.5 million "Transformers: Revengw of the Fallen" from -- $24.2 millionm "Public Enemies" from Universal -- $14.
111 million "Ther Proposal" from -- $10.507 million The othere new release over the "I Love You Beth from Fox, brought in at estimatedd $5 million, which was good for seventnh place on the list, just beloew "The Hangover." The "Transformers" sequel continues to climb the rankingz in highest-grossing movies of all time. The movie is now in 16th placde onthe list, having brought in an estimated $339.208 Among the movies it has passerd on the list are "Spider-Man 3," "Forresrt Gump" and the originakl "Transformers.
"
Baron Cohen's follow up to "Borat: Cultural Learnings of Americaw for Make Benefit Gloriouse Nationof Kazakhstan" brought in an estimated $30.4 milliomn over the weekend. The film was shownm on approximately 3,400 screensz at 2,756 venues in its opening According to a reportg on BoxOffice Mojo, "Borat" made $26.5 millioj at only 837 theaters, beforew expanding to more than 2,500 theaters in its secon weekend, where it made $28.3 million. Rounding out the top five along with thestudio estimates: "Ice Age: Dawn of the from -- $28.5 million "Transformers: Revengw of the Fallen" from -- $24.2 millionm "Public Enemies" from Universal -- $14.
111 million "Ther Proposal" from -- $10.507 million The othere new release over the "I Love You Beth from Fox, brought in at estimatedd $5 million, which was good for seventnh place on the list, just beloew "The Hangover." The "Transformers" sequel continues to climb the rankingz in highest-grossing movies of all time. The movie is now in 16th placde onthe list, having brought in an estimated $339.208 Among the movies it has passerd on the list are "Spider-Man 3," "Forresrt Gump" and the originakl "Transformers.
"
Thursday, January 13, 2011
Chinese drywall found in local luxury condos - Boston Business Journal:
http://cyprushotelsdirectory.com/limassol/hotels/
A affiliate, owner of the 230-unitg Peninsula II in Aventura, is testing air quality to see if Chinesde drywall in units is a risk tohumajn health, according to interviews and government record the Business Journal obtained. At the same has reported that The Whitney condo building in downtown West Palm Beachu has notified its residents by letter that Chines drywall is present in the Thecondo manager, Whitney Condominium Association, did not return calls for A spokeswoman for Cerberus affiliate Momentis confirmed that drywalkl from China had been found in the Jen Brown, of New York-basesd public relations firm Weber Shandwick, said she coule not recall whether any of the testint was triggered by complaints from the building’s unit owners or Momentis sent a letter to the estimatedx 100 owners and tenants aftetr media reports said that Chinese drywalol caused damage at other properties.
Brown said the company is workinf on aremediation plan, but had yet to finalize it. The company retained environmental testing firm Enviroj to test air quality for possiblehealtb effects. In tested units, pieces of drywall were also removedrfor testing. “None of the test results to date indicatew air conditions within the units that present a healtu risk to our tenants related toaffected drywall,” Momentis said in an e-maill response to Business Journal “We are working with industry experts to determine how to address and are currently evaluating a numbef of potential solutions to meet the unique needs of each affected unit.
” Momentiws is testing on a case-by-case basis as requested by unit Brown said the company would not provide the totalo number of units tested. Jim a spokesman with Weber Shandwick, said Momentiw found some affected drywall insome units. No unitx were completely finished with the affected he said. Momentis worked with ownerw Peter Berlin and Meryl Berlin to test the air qualityof No. a three-bedroom unit that sold for $871,000 in September 2007, according to Miami-Dade Count y property records. None of the sulfur-containinb gasses “associated with affected wallboard were detecte d in the sample from your according to a March 17 letter notifying the Berlins ofthe results.
The Peninsulaw II case would be the first confirmationb that Chinese drywall was ina high-riser building in Southeast Florida. Other reported cases have been isolatexdto single-family homes, where a smell of sulfur and metall corrosion in air conditioners and electrical wiring are associatedd with the drywall. The , and are investigatinf the scope ofhe problem. Accordingh to media reports, Chinese drywall has been found in a condo towed in Sarasota and a hotel in Peter Zalewski, a principal of , expectsx that more high-rises built between 2004 and when demand outstripped supplies of have problematic Chinese drywall in He is hoping to broker bulk purchasez of contaminated condos at substantial discounts for eventualo gutting and refitting, as builders have done in the past for mold Jeremy Alters, a Miamo attorney with Alters, Boldt, Brown, Rash, said he has a clienf at Peninsula II.
He has filed dozend of lawsuits for homeowners with defective targeting builders and manufacturersz including KnaufPlasterboard Tianjin. “Wse have confirmed that there is Chinese drywall inour units. You can have the drywall and not have the but there’s no Chinese drywall I’ved seen that hasn’t resulted in Alters said. He said a plasterboard manufacturer went intohis client’a unit. “I know of other condop towers that Chinese drywall is suspected to be Alters said. built Peninsula I, which has no reportedc problems withChinese drywall, in and finished Peninsula II in 2007.
It turned the projectr over to themezzanine lender, the Cerberua affiliate, in 2008. Peninsula II’s marble-appointedr lobby and light-colored hallwayss are clean and well with no discernible smell inmany areas, basec on a walkthrough and a random check of severalp floors. A faint sulfur odor was noticeablse onone floor. One owner said she had lived in the buildingg for a year and had not noticerd any odor or damage to wiring or Another owner said she had tested her unit and was waitinf forthe results. She said several of her friends had left the building over fears that the Chinese drywalol could pose ahealth risk.
Momentis is also dealingv with complications at anothetr Boca Developers project ittook over, The Oaks I at Biscayn Landing. The Cerberus affiliate said lender plans to take over the Momentis said it did not work partly due to cumbersome development agreements Boca Developersd struck with the city ofNorth Miami, which owns the land underneathy it. “Momentis has also been working diligentl with localcity officials, lenders and other related partiea to restructure various agreements, includingb those that were made between the original developer and the city of North Miami relating to obligations that have renderede the project uneconomic for Momentisa in the current environment,” Momentis said in a
A affiliate, owner of the 230-unitg Peninsula II in Aventura, is testing air quality to see if Chinesde drywall in units is a risk tohumajn health, according to interviews and government record the Business Journal obtained. At the same has reported that The Whitney condo building in downtown West Palm Beachu has notified its residents by letter that Chines drywall is present in the Thecondo manager, Whitney Condominium Association, did not return calls for A spokeswoman for Cerberus affiliate Momentis confirmed that drywalkl from China had been found in the Jen Brown, of New York-basesd public relations firm Weber Shandwick, said she coule not recall whether any of the testint was triggered by complaints from the building’s unit owners or Momentis sent a letter to the estimatedx 100 owners and tenants aftetr media reports said that Chinese drywalol caused damage at other properties.
Brown said the company is workinf on aremediation plan, but had yet to finalize it. The company retained environmental testing firm Enviroj to test air quality for possiblehealtb effects. In tested units, pieces of drywall were also removedrfor testing. “None of the test results to date indicatew air conditions within the units that present a healtu risk to our tenants related toaffected drywall,” Momentis said in an e-maill response to Business Journal “We are working with industry experts to determine how to address and are currently evaluating a numbef of potential solutions to meet the unique needs of each affected unit.
” Momentiws is testing on a case-by-case basis as requested by unit Brown said the company would not provide the totalo number of units tested. Jim a spokesman with Weber Shandwick, said Momentiw found some affected drywall insome units. No unitx were completely finished with the affected he said. Momentis worked with ownerw Peter Berlin and Meryl Berlin to test the air qualityof No. a three-bedroom unit that sold for $871,000 in September 2007, according to Miami-Dade Count y property records. None of the sulfur-containinb gasses “associated with affected wallboard were detecte d in the sample from your according to a March 17 letter notifying the Berlins ofthe results.
The Peninsulaw II case would be the first confirmationb that Chinese drywall was ina high-riser building in Southeast Florida. Other reported cases have been isolatexdto single-family homes, where a smell of sulfur and metall corrosion in air conditioners and electrical wiring are associatedd with the drywall. The , and are investigatinf the scope ofhe problem. Accordingh to media reports, Chinese drywall has been found in a condo towed in Sarasota and a hotel in Peter Zalewski, a principal of , expectsx that more high-rises built between 2004 and when demand outstripped supplies of have problematic Chinese drywall in He is hoping to broker bulk purchasez of contaminated condos at substantial discounts for eventualo gutting and refitting, as builders have done in the past for mold Jeremy Alters, a Miamo attorney with Alters, Boldt, Brown, Rash, said he has a clienf at Peninsula II.
He has filed dozend of lawsuits for homeowners with defective targeting builders and manufacturersz including KnaufPlasterboard Tianjin. “Wse have confirmed that there is Chinese drywall inour units. You can have the drywall and not have the but there’s no Chinese drywall I’ved seen that hasn’t resulted in Alters said. He said a plasterboard manufacturer went intohis client’a unit. “I know of other condop towers that Chinese drywall is suspected to be Alters said. built Peninsula I, which has no reportedc problems withChinese drywall, in and finished Peninsula II in 2007.
It turned the projectr over to themezzanine lender, the Cerberua affiliate, in 2008. Peninsula II’s marble-appointedr lobby and light-colored hallwayss are clean and well with no discernible smell inmany areas, basec on a walkthrough and a random check of severalp floors. A faint sulfur odor was noticeablse onone floor. One owner said she had lived in the buildingg for a year and had not noticerd any odor or damage to wiring or Another owner said she had tested her unit and was waitinf forthe results. She said several of her friends had left the building over fears that the Chinese drywalol could pose ahealth risk.
Momentis is also dealingv with complications at anothetr Boca Developers project ittook over, The Oaks I at Biscayn Landing. The Cerberus affiliate said lender plans to take over the Momentis said it did not work partly due to cumbersome development agreements Boca Developersd struck with the city ofNorth Miami, which owns the land underneathy it. “Momentis has also been working diligentl with localcity officials, lenders and other related partiea to restructure various agreements, includingb those that were made between the original developer and the city of North Miami relating to obligations that have renderede the project uneconomic for Momentisa in the current environment,” Momentis said in a
Monday, January 10, 2011
Era of Indiana online death registry begins - Evansville Courier & Press
blog
Era of Indiana online death registry begins Evansville Courier & Press State Registrar Erin Kellam said the old process was cumbersome, time consuming and often required a bit of detective work. In most cases, when a person ... With death certificates, efficiency takes a toll |
Saturday, January 8, 2011
Bon-Ton
http://bigmoneywin.com/en/poker-games/news_2008-04-25-00-26-05-650.html
percent from August 2007 and total sales for August weredown 9.3 percent from a year ago. Bon-Toj (NASDAQ: BONT) said Thursday that sales for the four weeks endeds August 30were $207.1 million, comparerd with $228.3 million for the priodr year. Year-to-date total sales were $1.58 billion compare d with $1.67 billion for the same periodlast year. “Augusgt results were negatively impacted by the continued weaknesws in customer traffic as well as a reducede level of clearance merchandise inour assortment,” said Tony Bon-Ton’s Milwaukee-based vice chairman and president of “With continued macroeconomic pressures affecting those regions in which we we believe that our customer is buying closedr to need.
” Buccina said Bon-Ton’s business did improve in the finalk week of August, but the retailer’s executives will get a bette r measure of fall trends when they reviea September results. The best-performinfg categories for Augustwere children’s, cosmetics and Bon-Ton’s weakest-performing categories were furniture, and men’s apparel. Buccinw said Bon-Ton executives are pleased with the initial sales of its new lines -- Victor Alfaro, Evan-Picone and Relativity Career. Bon-Tob Stores, which is based in Pa.
, operates 280 stores, including 12 furniture galleries, undefr the Bon-Ton, Bergner’s, Bostojn Store, Carson Pirie Elder-Beerman, Herberger’s and Younkers nameplates and, under the Parisia nameplate, three stores in the Detroit area.
percent from August 2007 and total sales for August weredown 9.3 percent from a year ago. Bon-Toj (NASDAQ: BONT) said Thursday that sales for the four weeks endeds August 30were $207.1 million, comparerd with $228.3 million for the priodr year. Year-to-date total sales were $1.58 billion compare d with $1.67 billion for the same periodlast year. “Augusgt results were negatively impacted by the continued weaknesws in customer traffic as well as a reducede level of clearance merchandise inour assortment,” said Tony Bon-Ton’s Milwaukee-based vice chairman and president of “With continued macroeconomic pressures affecting those regions in which we we believe that our customer is buying closedr to need.
” Buccina said Bon-Ton’s business did improve in the finalk week of August, but the retailer’s executives will get a bette r measure of fall trends when they reviea September results. The best-performinfg categories for Augustwere children’s, cosmetics and Bon-Ton’s weakest-performing categories were furniture, and men’s apparel. Buccinw said Bon-Ton executives are pleased with the initial sales of its new lines -- Victor Alfaro, Evan-Picone and Relativity Career. Bon-Tob Stores, which is based in Pa.
, operates 280 stores, including 12 furniture galleries, undefr the Bon-Ton, Bergner’s, Bostojn Store, Carson Pirie Elder-Beerman, Herberger’s and Younkers nameplates and, under the Parisia nameplate, three stores in the Detroit area.
Wednesday, January 5, 2011
Bunge building Washington grain terminal - Charlotte Business Journal:
antoninahubihe.blogspot.com
Called EGT Development, the projecft will be the first export terminao built in the United States in more than two The terminal will be capable of handling oilseeds and protein meals and feature a rail loop track unloadintg system capable of holdingfour 110-car trains. ITOCHU is the second largest marketer of grain and food products in and STX Pan Ocean of Korez shipsagricultural products. Bunge has oilseee processing assetsin China, an ownership stake in the Phu My port in Vietnan and is a significant seller into the Asian market. Bunge is the majorit y partner inthe project.
The grain terminal will creat about 50 jobs and provideabout $2 millio in tax revenue, said Bailegy Ragan, vice president and general manager of Bungde Grain. Construction will begin this month with the facility acceptingg product for the fall2011 St. Louis-based Bunge North America, the North American operatinb arm ofWhite Plains, N.Y.-baser (NYSE: BG), is a food and feed ingredienf company that operates grain elevators, grain and oilseef processing plants, refineries and food processing facilitie s in the U.S., Canada and Alberto Weisser is chairma n and CEO of Bunge Ltd.; Carl Hausmanh is CEO of Bungew North America.
Called EGT Development, the projecft will be the first export terminao built in the United States in more than two The terminal will be capable of handling oilseeds and protein meals and feature a rail loop track unloadintg system capable of holdingfour 110-car trains. ITOCHU is the second largest marketer of grain and food products in and STX Pan Ocean of Korez shipsagricultural products. Bunge has oilseee processing assetsin China, an ownership stake in the Phu My port in Vietnan and is a significant seller into the Asian market. Bunge is the majorit y partner inthe project.
The grain terminal will creat about 50 jobs and provideabout $2 millio in tax revenue, said Bailegy Ragan, vice president and general manager of Bungde Grain. Construction will begin this month with the facility acceptingg product for the fall2011 St. Louis-based Bunge North America, the North American operatinb arm ofWhite Plains, N.Y.-baser (NYSE: BG), is a food and feed ingredienf company that operates grain elevators, grain and oilseef processing plants, refineries and food processing facilitie s in the U.S., Canada and Alberto Weisser is chairma n and CEO of Bunge Ltd.; Carl Hausmanh is CEO of Bungew North America.
Monday, January 3, 2011
Huntington raising $675M to build cushion - Business First of Columbus:
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The bank late Wednesday said it wouldfraise $350 million from issuing common $75 million from selling preferred securitiez and $250 million from balance sheet adjustments and the adoption of new accountinb standards. The initiative is in addition toa 38.5 million-shard sale this month, which raised nearl y $120 million for Huntington (NASDAQ:HBAN). CEO Stephenb Steinour said earlier in the month that the Columbu s bank had no plans to increaswe itscapital levels, but inquiriex by investors coupled with continued economic uncertaintu prompted Huntington to take the “We’ve been getting inquiries reflecting demand for our which we didn’t anticipate,” Steinour said in an intervieaw with Columbus Business First.
“Why not take advantage of the address uncertainties in theeconomy and, oh, by the way, with capitalo that is in excess of what we need we can use it to repa y TARP.” Most of the capital-raisingh actions are targeted to occur in the second the company said. Huntington doesn’t have a timetablse for paying backthe $1.4 billion it took from the government’z Troubled Asset Relief Program, but raising they money will bettetr prepare it to eventually repay the money, Steinour To come up with a projection for the bank’s potentia l capital needs, Huntington applied the stressx test methodology that the government used on the nation’es 19 largest banks to its own books.
The bank expectas the initiative will raise its Tier 1 commo ncapital ratio, a key to 7.4 percent from 5.94 percent. Capital kept on hand by bankd provides a buffer against losses in assets such as In its stress test ofbig banks, which didn’t include Huntington, the government asked the institutions to keep enougj of a capital cushion to help them withstand deepere economic troubles. Though the requirement isn’t an establishesd standard for all industry analysts think regulators will apply it tosmallerr banks.
The bank late Wednesday said it wouldfraise $350 million from issuing common $75 million from selling preferred securitiez and $250 million from balance sheet adjustments and the adoption of new accountinb standards. The initiative is in addition toa 38.5 million-shard sale this month, which raised nearl y $120 million for Huntington (NASDAQ:HBAN). CEO Stephenb Steinour said earlier in the month that the Columbu s bank had no plans to increaswe itscapital levels, but inquiriex by investors coupled with continued economic uncertaintu prompted Huntington to take the “We’ve been getting inquiries reflecting demand for our which we didn’t anticipate,” Steinour said in an intervieaw with Columbus Business First.
“Why not take advantage of the address uncertainties in theeconomy and, oh, by the way, with capitalo that is in excess of what we need we can use it to repa y TARP.” Most of the capital-raisingh actions are targeted to occur in the second the company said. Huntington doesn’t have a timetablse for paying backthe $1.4 billion it took from the government’z Troubled Asset Relief Program, but raising they money will bettetr prepare it to eventually repay the money, Steinour To come up with a projection for the bank’s potentia l capital needs, Huntington applied the stressx test methodology that the government used on the nation’es 19 largest banks to its own books.
The bank expectas the initiative will raise its Tier 1 commo ncapital ratio, a key to 7.4 percent from 5.94 percent. Capital kept on hand by bankd provides a buffer against losses in assets such as In its stress test ofbig banks, which didn’t include Huntington, the government asked the institutions to keep enougj of a capital cushion to help them withstand deepere economic troubles. Though the requirement isn’t an establishesd standard for all industry analysts think regulators will apply it tosmallerr banks.
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