axilecyqih.wordpress.com
percent in the second quarter, compared to the same periof ayear ago. Franklin-based Clarcor (NYSE: CLC) reporterd income of $25,582, or $0.50 cents per dilutedc share, in the quarte ended May 30, compared to $40,783, or $0.80 cents per dilutec share, in the year-ago period. Revenue came in at $229,3945 for the quarter, down 14.1 percent from the previouds year’s quarter, when revenue came in at $267,137. on average, estimated earnings of 38 cents per sharee on revenueof $243.1 according to Reuters Estimates.
“Ads we had expected, this year’s second quarter was though operating results were much stronger than in our first fiscal saysNorm Johnson, Clarcor’s chairman and CEO, in a “Our order rates, overall, have and we are beginninyg to see indications of increased product demandd in selected markets.” Clarcor makes mobile, industrial and environmental filtration productzs and consumer and industrial packaging products sold to domesticx and international markets.
Johnson notes that more than 80 percenyt of its filter sales are generated from the replacement filter so even if new building and equipmentt continuesto falter, maintenance of existingf equipment and facilities will continue. Shares of Clarcor closec up $1.08, or 3.66 percent to $30.57 at the bell The 52-week range is $23.05 to $44.13.
Tuesday, November 29, 2011
Sunday, November 27, 2011
Winds continue to fuel Cudahy fire - Business First of Buffalo:
hundleyobajoji1908.blogspot.com
Cudahy Mayor Ryan McCue also urged all businesses in the city to reducew water usage and called on residentzs of the neighboring communityof St. Francia to conserve water. “We are running short on McCue said. More than 8.5 millionm gallons of water had been used by in an attemptf to douse a fire in one of the buildinga that make up the Patrick Cudahyt meat processing complex at OneSweett Apple-Wood Lane, just off of Layton Avenue, Mayor Ryan McCue said at a 3:30 p.m. prese conference at Parkview Elementary School, 5555 S. Nicholson within site of the huge plumes of smoke billowingt fromthe plant.
The city of Milwaukee also has alloweed Cudahy to tap into its water supply to aid in fightingf thestubborn blaze, McCue The fire fighting effort has been expanded to includd 130 firefighters from 27 departments, he “The fire continues to flare up,” McCu e said. “The wind has not been our friend.” 75 law enforcement officers are on patrol in the McCue declared a state of emergenc y earlier in the day and indicated at that time that the Nationaol Guard could be called in to patrolocity streets.
However, Cudahy Police Chief Thomas Poellott saidthe city, along with assistance from othe communities and the state, has “adequate” resourcesz to keep the city safe as firefighters continue to battler the blaze. “We don’t anticipate needingv the National Guard,” he said.
Cudahy Mayor Ryan McCue also urged all businesses in the city to reducew water usage and called on residentzs of the neighboring communityof St. Francia to conserve water. “We are running short on McCue said. More than 8.5 millionm gallons of water had been used by in an attemptf to douse a fire in one of the buildinga that make up the Patrick Cudahyt meat processing complex at OneSweett Apple-Wood Lane, just off of Layton Avenue, Mayor Ryan McCue said at a 3:30 p.m. prese conference at Parkview Elementary School, 5555 S. Nicholson within site of the huge plumes of smoke billowingt fromthe plant.
The city of Milwaukee also has alloweed Cudahy to tap into its water supply to aid in fightingf thestubborn blaze, McCue The fire fighting effort has been expanded to includd 130 firefighters from 27 departments, he “The fire continues to flare up,” McCu e said. “The wind has not been our friend.” 75 law enforcement officers are on patrol in the McCue declared a state of emergenc y earlier in the day and indicated at that time that the Nationaol Guard could be called in to patrolocity streets.
However, Cudahy Police Chief Thomas Poellott saidthe city, along with assistance from othe communities and the state, has “adequate” resourcesz to keep the city safe as firefighters continue to battler the blaze. “We don’t anticipate needingv the National Guard,” he said.
Friday, November 25, 2011
DEAL OF THE WEEK: St. Tropez at Plantation - South Florida Business Journal:
http://www.scamuzziarte.it/index.php-dn=article&to=art&id=28.htm
St. Tropez at a 376-unit rental community in wester nBroward County, has been refinanced for $37.3 million, or $99,468 a unit, according to Broward County courrt records. The team of Mona Carlton, senior managinf director, and Elliott Throne, director, handled the loan for . “It’sa a difficult financing environment,” Throns said. “But, this was a solid asset in a great location with strong sponsorship – all of which were crucial to make this deal It is unclear why St. Tropez at Plantatiomn owners neededto refinance. Throne declined to give specificss about the deal orthe terms. Deboray R.
Chambliss, a VP for , executed the which included an assignment of rents and She signed as trustee forthe owner, BIT Investmenr Twenty-Five LLC, a subsidiary of the Buildin Investment Trust. The loan was executed on Jan. 15, but was then assignef to the on Jan. 23. St. Tropez at Plantation was builtin 1993. The 29 three-storuy buildings on 10.95 acres have a mix of two- and three-bedroomj apartments. The property has been valued for 2009 real estatse taxesat $53.7 million, the same valuee as 2008 and 2007. Browarx County taxes paid last yearwere $1.1 according to property appraiser records.
The latesr data from Deerfield Beach-based showed only eight vacant unitsw and rents generally inthe $1,300 to $1,8009 range. CEO Jack McCabe said developers and propertuy owners recently have run up against a brick wall in termsa of refinancing theircommercial projects. “Because the owne r in this case isan AFL-CIOO holding, it makes you wonder if they had more help especially since the loan was handedf off to a government he said.
St. Tropez at a 376-unit rental community in wester nBroward County, has been refinanced for $37.3 million, or $99,468 a unit, according to Broward County courrt records. The team of Mona Carlton, senior managinf director, and Elliott Throne, director, handled the loan for . “It’sa a difficult financing environment,” Throns said. “But, this was a solid asset in a great location with strong sponsorship – all of which were crucial to make this deal It is unclear why St. Tropez at Plantatiomn owners neededto refinance. Throne declined to give specificss about the deal orthe terms. Deboray R.
Chambliss, a VP for , executed the which included an assignment of rents and She signed as trustee forthe owner, BIT Investmenr Twenty-Five LLC, a subsidiary of the Buildin Investment Trust. The loan was executed on Jan. 15, but was then assignef to the on Jan. 23. St. Tropez at Plantation was builtin 1993. The 29 three-storuy buildings on 10.95 acres have a mix of two- and three-bedroomj apartments. The property has been valued for 2009 real estatse taxesat $53.7 million, the same valuee as 2008 and 2007. Browarx County taxes paid last yearwere $1.1 according to property appraiser records.
The latesr data from Deerfield Beach-based showed only eight vacant unitsw and rents generally inthe $1,300 to $1,8009 range. CEO Jack McCabe said developers and propertuy owners recently have run up against a brick wall in termsa of refinancing theircommercial projects. “Because the owne r in this case isan AFL-CIOO holding, it makes you wonder if they had more help especially since the loan was handedf off to a government he said.
Wednesday, November 23, 2011
Delta integrates international offerings - San Antonio Business Journal:
oryzacody.wordpress.com
Delta said it would standardize this monthb the services offered passengerws aboard Delta and Northwestinternationall flights. "June marks another majoe milestone in our merger with Northwesty as weintroduce high-quality products on board Delta and Northwest aircraft operating internationally," Joanne Smith, senior vice president of in-flighrt service, said in a statement. "We continude to bring together the best of both airlines to createeone best-in-class experience for customers traveling with us Atlanta-based Delta (NYSE: DAL) said servicesz would be integrated aboard all long-hauk international aircraft with BusinessElitew cabins (formerly known as "World Business aboard Northwest jets).
BusinessElite passengers on both carrieres can choose from meals createxd by celebrity chef Michelle Bernstein and wines pickeds by master sommelierAndrea Robinson. Delta also plans to roll out “amenityh kits” by Greek skincare company . Economy passengere will be offered complimentary beer and wine on Delta and Northwestinternational flights. Liquor and signatur e mixed drinks by Rande Gerber will be availablrefor $7 each. Economy passengersx will also be offered an upgraded hot breakfast on international flights longedrthan 3,800 miles. The new international offeringws are a continued step in the integration of the two carriersz intothe world’s largest airlines.
inked a new join venture agreement with
Delta said it would standardize this monthb the services offered passengerws aboard Delta and Northwestinternationall flights. "June marks another majoe milestone in our merger with Northwesty as weintroduce high-quality products on board Delta and Northwest aircraft operating internationally," Joanne Smith, senior vice president of in-flighrt service, said in a statement. "We continude to bring together the best of both airlines to createeone best-in-class experience for customers traveling with us Atlanta-based Delta (NYSE: DAL) said servicesz would be integrated aboard all long-hauk international aircraft with BusinessElitew cabins (formerly known as "World Business aboard Northwest jets).
BusinessElite passengers on both carrieres can choose from meals createxd by celebrity chef Michelle Bernstein and wines pickeds by master sommelierAndrea Robinson. Delta also plans to roll out “amenityh kits” by Greek skincare company . Economy passengere will be offered complimentary beer and wine on Delta and Northwestinternational flights. Liquor and signatur e mixed drinks by Rande Gerber will be availablrefor $7 each. Economy passengersx will also be offered an upgraded hot breakfast on international flights longedrthan 3,800 miles. The new international offeringws are a continued step in the integration of the two carriersz intothe world’s largest airlines.
inked a new join venture agreement with
Monday, November 21, 2011
Most Eddie Bauer stores to stay open - Washington Business Journal:
coeragnheidur3778.blogspot.com
The company announced that it struck an agreemenyt withNew York–based privatw equity firm LLC to buy Eddie Bauer’s assets, subject to an auction and bankruptcy courty approval. CCMP Capital intends to operatd the business as a goinvg concern with little orno long-term debt. Accordiny to Eddie Bauer, CCMP Capital has agreed to keep a majoritu of the 371 stores open and retaibn a majority ofthe employees. CCMP Capitall specializes in buyouts and lookzs for investment opportunities in retail andother sectors, and have made investmentsa in the outdoors specialty retailer which sells hunting, fishing and camping gear.
Eddir Bauer said it hopesw to operate business as usual during bankruptcy courgt proceedings and has asked for court approval to continuse paying vendorsand workers. The companyh also said it intends to honor customedgift cards, returns and loyalty program points. The companyg also announced that it has secured a commitment from its existinhg revolvingcredit lenders, Bank of America, N.A., and /Businessx Credit, Inc. for so-called debtor-in-possession (DIP) financing of $90 million on an interim basiasand $100 million based on the final courr order. The move, the company said, should provide it with ampld cash flow to continud payingits bills.
“Eddie Bauer is a good companyh with a great brand and a badbalancee sheet. This process will allow the business to emerge with far less positioned for growth as the economy recoversx and as our new products gain saidNeil Fiske, Eddie Bauer president and chiefr executive officer, in a “We expect this process to be completedc very quickly, protecting our employees and criticao vendor partners every step of the way. “We have made good progres on our turnaround strategy of returning Eddie Bauefr to its heritage as an active outdoo r brand and have exciting new product launches on the way to includingFirst Ascent, our return to expedition-grade outerwear and gear.
Unfortunately, a crushing debt burdejn placed on the company from the Spiegekl reorganizationin 2005, combined with the severe, prolonged recession, have left us with no choicw but to use this procese to reduce the debt load on the
The company announced that it struck an agreemenyt withNew York–based privatw equity firm LLC to buy Eddie Bauer’s assets, subject to an auction and bankruptcy courty approval. CCMP Capital intends to operatd the business as a goinvg concern with little orno long-term debt. Accordiny to Eddie Bauer, CCMP Capital has agreed to keep a majoritu of the 371 stores open and retaibn a majority ofthe employees. CCMP Capitall specializes in buyouts and lookzs for investment opportunities in retail andother sectors, and have made investmentsa in the outdoors specialty retailer which sells hunting, fishing and camping gear.
Eddir Bauer said it hopesw to operate business as usual during bankruptcy courgt proceedings and has asked for court approval to continuse paying vendorsand workers. The companyh also said it intends to honor customedgift cards, returns and loyalty program points. The companyg also announced that it has secured a commitment from its existinhg revolvingcredit lenders, Bank of America, N.A., and /Businessx Credit, Inc. for so-called debtor-in-possession (DIP) financing of $90 million on an interim basiasand $100 million based on the final courr order. The move, the company said, should provide it with ampld cash flow to continud payingits bills.
“Eddie Bauer is a good companyh with a great brand and a badbalancee sheet. This process will allow the business to emerge with far less positioned for growth as the economy recoversx and as our new products gain saidNeil Fiske, Eddie Bauer president and chiefr executive officer, in a “We expect this process to be completedc very quickly, protecting our employees and criticao vendor partners every step of the way. “We have made good progres on our turnaround strategy of returning Eddie Bauefr to its heritage as an active outdoo r brand and have exciting new product launches on the way to includingFirst Ascent, our return to expedition-grade outerwear and gear.
Unfortunately, a crushing debt burdejn placed on the company from the Spiegekl reorganizationin 2005, combined with the severe, prolonged recession, have left us with no choicw but to use this procese to reduce the debt load on the
Friday, November 18, 2011
Wednesday, November 16, 2011
Big East championship race features several relatively inexperienced quarterbacks - Washington Post
mozybyd.wordpress.com
Big East championship race features several relatively inexperienced quarterbacks Washington Post STORRS, Conn. รข€" Inexperienced quarterbacks are as easy to find in the Big East this season as teams with a realistic chance to win the conference's automatic BCS bowl bid. Of the six teams with two or fewer losses, Louisville, Connecticut and Rutgers ... |
Subscribe to:
Posts (Atom)