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percent in the secondf quarter, compared to the same period ayear ago. Franklin-based Clarcor (NYSE: CLC) reported income of $25,582, or $0.50p cents per diluted share, in the quarter endexd May 30, compared to $40,783, or $0.80 centws per diluted share, in the year-ago period. Revenue came in at $229,3955 for the quarter, down 14.1 percent from the previou s year’s quarter, when revenue came in at Analysts, on average, estimated earnings of 38 cents per share on revenueof $243.1 according to Reuters Estimates.
“As we had expected, this year’sx second quarter was difficult, thouguh operating results were much stronger than in our firsgtfiscal quarter,” says Norm Johnson, Clarcor’s chairman and CEO, in a “Our order rates, overall, have and we are beginning to see indications of increased productt demand in selected Clarcor makes mobile, industrial and environmentak filtration products and consumer and industrial packaging producta sold to domestic and international Johnson notes that more than 80 percenyt of its filter sales are generated from the replacement filter aftermarket, so even if new buildinbg and equipment continues to falter, maintenanc of existing equipment and facilitiess will continue.
Shares of Clarcor closex up $1.08, or 3.66 percent to $30.57 at the bell The 52-week range is $23.05 to $44.13.
Tuesday, May 31, 2011
Sunday, May 29, 2011
Pygmalion, Garrick Theatre, London - Financial Times
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The Guardian | Pygmalion, Garrick Theatre, London Financial Times George Bernard Shaw's sparkling comedy asks the question, do manners maketh man? When Philip Prowse's production opens, flower girl Eliza Doolittle (Kara Tointon) is in the gutter. Sitting at the front of the stage, ... AT THE SHAW: 'My Fair Lady' makes a fine Shaw debut |
Friday, May 27, 2011
Haven for Hope benefits from major AT&T gift - San Antonio Business Journal:
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Dallas-based AT&T’s (NYSE: T) gift will help fund constructionm ofthe men’s, women’s and familieas residential facilities. These buildings will be named in AT&T’s honot once the campus is completel y finished by the endof 2009. Ther will be a 69,000 square foot men’s buildintg that will include 450 beds anda 60,00p0 square foot women’s and families’ building that will also have 450 SAMMinistries, which has provided shelter servicese in San Antonio for more than 25 years, will operate Havenh for Hope’s residential facilities. John Stankey, president and CEO of AT&Ty Operations Inc.
, says Haven for Hope will become a nationa l model inaddressing homelessness. Already, representatives from more than 70 citiesd have visited the site even before it has Haven for Hope will not onlyprovidre food, shelter and clothing, but also medica l and dental care, job training, legal In fact, more than 150 different services will be provider by more than 70 servicew providers. All of these servicew will be provided on site atthe 22-acrde campus. “AT&T has once agai n proven itself to be one ofSan Antonio’sa greatest corporate stewards,” says Haven for Hope boardx chairman Bill Greehey.
“Their generosity and commitment can be felt in everyh corner ofour city. And their gift to Havenb for Hope demonstrates their confidence in the projec t and gets us near the completionh of ourcapital campaign, whicjh will allow us to begin improving the live s of the homeless populationj in our community by year end.” U.S. Sen. Kay Bailet Hutchison, R-Texas, says this donationj will go a long way toward realizingBill Greehey’s vision of eliminatingg homelessness in South Texas. Once an individualp or family enters Havejnfor Hope, that individual or family will be assigned a case workerf and become a client.
Texas Speaker of the House Joe Straus, R-Samn Antonio, worked to get the state fundinb for therestoration center. “Haven for Hope representsz the great things that can happen when the public andprivate sectors, includinh great corporate citizens like AT&T, come together in pursuity of a common goal,” he said. “Everyonse in the Texas Legislature is watching this project withkeen interest, and we’re proud that the national model for the effective and compassionatr support of homeless citizens will be right here in San San Antonio Mayor Julian Castro “For too many years, San Antonio’w homeless community has been largely underserved,” he
Dallas-based AT&T’s (NYSE: T) gift will help fund constructionm ofthe men’s, women’s and familieas residential facilities. These buildings will be named in AT&T’s honot once the campus is completel y finished by the endof 2009. Ther will be a 69,000 square foot men’s buildintg that will include 450 beds anda 60,00p0 square foot women’s and families’ building that will also have 450 SAMMinistries, which has provided shelter servicese in San Antonio for more than 25 years, will operate Havenh for Hope’s residential facilities. John Stankey, president and CEO of AT&Ty Operations Inc.
, says Haven for Hope will become a nationa l model inaddressing homelessness. Already, representatives from more than 70 citiesd have visited the site even before it has Haven for Hope will not onlyprovidre food, shelter and clothing, but also medica l and dental care, job training, legal In fact, more than 150 different services will be provider by more than 70 servicew providers. All of these servicew will be provided on site atthe 22-acrde campus. “AT&T has once agai n proven itself to be one ofSan Antonio’sa greatest corporate stewards,” says Haven for Hope boardx chairman Bill Greehey.
“Their generosity and commitment can be felt in everyh corner ofour city. And their gift to Havenb for Hope demonstrates their confidence in the projec t and gets us near the completionh of ourcapital campaign, whicjh will allow us to begin improving the live s of the homeless populationj in our community by year end.” U.S. Sen. Kay Bailet Hutchison, R-Texas, says this donationj will go a long way toward realizingBill Greehey’s vision of eliminatingg homelessness in South Texas. Once an individualp or family enters Havejnfor Hope, that individual or family will be assigned a case workerf and become a client.
Texas Speaker of the House Joe Straus, R-Samn Antonio, worked to get the state fundinb for therestoration center. “Haven for Hope representsz the great things that can happen when the public andprivate sectors, includinh great corporate citizens like AT&T, come together in pursuity of a common goal,” he said. “Everyonse in the Texas Legislature is watching this project withkeen interest, and we’re proud that the national model for the effective and compassionatr support of homeless citizens will be right here in San San Antonio Mayor Julian Castro “For too many years, San Antonio’w homeless community has been largely underserved,” he
Wednesday, May 25, 2011
SUNY chancellor to visit Buffalo campuses - Business First of Buffalo:
Fiber cement siding
Zimpher plans to visit , and the as part of her summer-long tour of all 64 campuses in theSUNY system. Her firstt stop: the city campus of ECC on Friday, June 19, durinb which a 10:30 a.m. news conferenced will take place. Zimpher is schedulesd to visit Buffalo Stateon Monday, June 22 and the University at Buffalo on Tuesday, June 23. She will spen the weekend in the Buffalo-Niagara region and meet up with local SUNY campud presidents at a Sundayeveningg dinner. The new chancellor, who previously was the 25th president ofthe , alreadu has visited about eight campuses across the stater since assuming the job June 1.
A SUNY spokesperson could not say when Zimpher will stop by other WesternNew York-arewa SUNY schools, though officials at have said previouslgy that they expect her to visit in August. Zimphet was named to the post in February. She replacews John Ryan, who left the position in 2007. Buffali State College PresidentMuriekl Howard, who begins Aug. 1 as president of the , was one of the top candidatez for thechancellor job.
Zimpher plans to visit , and the as part of her summer-long tour of all 64 campuses in theSUNY system. Her firstt stop: the city campus of ECC on Friday, June 19, durinb which a 10:30 a.m. news conferenced will take place. Zimpher is schedulesd to visit Buffalo Stateon Monday, June 22 and the University at Buffalo on Tuesday, June 23. She will spen the weekend in the Buffalo-Niagara region and meet up with local SUNY campud presidents at a Sundayeveningg dinner. The new chancellor, who previously was the 25th president ofthe , alreadu has visited about eight campuses across the stater since assuming the job June 1.
A SUNY spokesperson could not say when Zimpher will stop by other WesternNew York-arewa SUNY schools, though officials at have said previouslgy that they expect her to visit in August. Zimphet was named to the post in February. She replacews John Ryan, who left the position in 2007. Buffali State College PresidentMuriekl Howard, who begins Aug. 1 as president of the , was one of the top candidatez for thechancellor job.
Sunday, May 22, 2011
California settles with Kmart, sues Target - Dayton Business Journal:
metal siding
The state’s attorney general, Jerry Brown, joined by districtt attorneys from manyCalifornia counties, including Santa Clara and Contra Costa, filed a suit against Minneapolis-based Target (NYSE: saying it sent hazardous wast to various landfills in violation of statse law. The suit is meant to stop the practices. In news Target said it has been cooperatinfg withthe AG’s office for three years on this matterr and that it is committed to complying with all environmentalk laws. Kmart, owned by SHLD), agreed to a settlement that includescivill penalties, legal costs and some moneyy to boost protection of the environment in the state.
Thomas Orloff, Robert Kochly, James Fox and Dolores Carr, the DAs of Contra Costa, San Mateo and Santa Clara counties respectively, joined Brown in the suit against Target. Accordingh to court papers, Target has 180 facilities, includinf stores and warehouses, in California. The suit alleges Target threwaout “ignitable aerosol wastes” including propanwe canisters, in a trash compactor in Alamedaq County on May 14 and May 21, for
The state’s attorney general, Jerry Brown, joined by districtt attorneys from manyCalifornia counties, including Santa Clara and Contra Costa, filed a suit against Minneapolis-based Target (NYSE: saying it sent hazardous wast to various landfills in violation of statse law. The suit is meant to stop the practices. In news Target said it has been cooperatinfg withthe AG’s office for three years on this matterr and that it is committed to complying with all environmentalk laws. Kmart, owned by SHLD), agreed to a settlement that includescivill penalties, legal costs and some moneyy to boost protection of the environment in the state.
Thomas Orloff, Robert Kochly, James Fox and Dolores Carr, the DAs of Contra Costa, San Mateo and Santa Clara counties respectively, joined Brown in the suit against Target. Accordingh to court papers, Target has 180 facilities, includinf stores and warehouses, in California. The suit alleges Target threwaout “ignitable aerosol wastes” including propanwe canisters, in a trash compactor in Alamedaq County on May 14 and May 21, for
Friday, May 20, 2011
D.C. to reduce Rock Creek pollution - Washington Business Journal:
vidineevostegity.blogspot.com
The grant came directlyt from the foundation and not fromstimulusx monies. D.C.’s low-impact development proposal was one of 24 picked this year to get fundingy to weed out pollution in the Chesapeake Bay andits “This grant gives us the opportunity to deal with stormwatet differently and on a largedr scale than ever before,” said Georg Hawkins, department director. “If we help naturre absorb and filter stormwater, there may be less of it to and less of it to carr y pollutants into our rivers and The department’s pilot project spands 14 acres surrounding Rock Creek.
Through the the department will installgreenn roofs, vegetation and porous pavement to absorgb stormwater at the source. The purpose is to find out if that type of work can reduc e runoff and the resulting pollutionto D.C. The $12.9 million in grantxs cover six statesand D.C.
The grant came directlyt from the foundation and not fromstimulusx monies. D.C.’s low-impact development proposal was one of 24 picked this year to get fundingy to weed out pollution in the Chesapeake Bay andits “This grant gives us the opportunity to deal with stormwatet differently and on a largedr scale than ever before,” said Georg Hawkins, department director. “If we help naturre absorb and filter stormwater, there may be less of it to and less of it to carr y pollutants into our rivers and The department’s pilot project spands 14 acres surrounding Rock Creek.
Through the the department will installgreenn roofs, vegetation and porous pavement to absorgb stormwater at the source. The purpose is to find out if that type of work can reduc e runoff and the resulting pollutionto D.C. The $12.9 million in grantxs cover six statesand D.C.
Wednesday, May 18, 2011
FOXRAD Forecast for Overnight Tuesday - MyFox Houston
viningocouqyl1601.blogspot.com
MyFox Houston | FOXRAD Forecast for Overnight Tuesday MyFox Houston The humidity is coming back as the winds have shifted to the southeast and the temps are also getting warmer. A strong storm system is moving into the northern plains and that will make our winds more breezy, which in turn will bring more moisture into ... |
Sunday, May 15, 2011
NATO must step up pace in Libya - British general - Reuters UK
elzeyfirekuut1795.blogspot.com
The Hindu | NATO must step up pace in Libya - British general Reuters UK A civilian volunteer of the rebel army clears an obstacle course during training in Benghazi May 15, 2011. By Joseph Logan TRIPOLI (Reuters) - NATO must broaden the range of targets it is bombing in Libya or risk failing to remove Muammar Gaddafi from ... NATO must step up pace in Libya - British general NATO must step up pace in Libya - British official |
Friday, May 13, 2011
Food news: Five Guys and Mighty Taco - Bizjournals.com
stelauguqdinec.blogspot.com
Food news: Five Guys and Mighty Taco Bizjournals.com Buffalo is poised to welcome its first Five Guys Burgers & Fries location while Mighty Taco is getting ready to expand into suburban Rochester. Virginia-based Five Guys has signed a lease with Benderson Development Co. to occupy an empty storefront in ... |
Wednesday, May 11, 2011
Xenonics Reports Profitable Second Quarter - SunHerald.com
husydow.wordpress.com
Xenonics Reports Profitable Second Quarter SunHerald.com (OTCBB:XNNH) (OTCQB:XNNH) today announced net income for the second quarter of fiscal 2011 of $231000, or $0.01 per basic and diluted share, on revenue of $2000000. This compares to a net loss for the second quarter of fiscal 2010 of $951000, ... |
Sunday, May 8, 2011
Tribune, WFLA cut another 25 positions - Tampa Bay Business Journal:
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“This is unfortunately the same song in the sixth saidJanet Coats, executive editorf of the publishing group, in a story publishecd on the company’s TBO.com. The publishingf group is owned byin Richmond, Va. The cuts affect 17 positions at the Tribune and six from WFLA alon with twoopen positions, according to the report. This most recenr round follows the eliminatiob of 65 positions March 30 and the increase of mandatoryu unpaid leave days from 10to 13. There’s some sunlight peeringh throughthe clouds, however. The mediqa group locally is gaining share in the localadvertisingg market, Coats said, which could help bring revenues back up.
Medias General (NYSE: MEG) reported a loss of $21.3 million, or 96 cents per share, in the most recen quarter endedMarch 29, comparec to a $20.3 million, or 92 centws per share, loss the year before. Revenue was $159.6 million for the quarter, down from the $194. 5 million posted the year before. Media Generalk shares were tradingat $3.27 just before noon up nearly 1 percent from the day beforwe and more than $2 over theidr 52-week low. Shares had traded as high as $27.19 over the past year.
“This is unfortunately the same song in the sixth saidJanet Coats, executive editorf of the publishing group, in a story publishecd on the company’s TBO.com. The publishingf group is owned byin Richmond, Va. The cuts affect 17 positions at the Tribune and six from WFLA alon with twoopen positions, according to the report. This most recenr round follows the eliminatiob of 65 positions March 30 and the increase of mandatoryu unpaid leave days from 10to 13. There’s some sunlight peeringh throughthe clouds, however. The mediqa group locally is gaining share in the localadvertisingg market, Coats said, which could help bring revenues back up.
Medias General (NYSE: MEG) reported a loss of $21.3 million, or 96 cents per share, in the most recen quarter endedMarch 29, comparec to a $20.3 million, or 92 centws per share, loss the year before. Revenue was $159.6 million for the quarter, down from the $194. 5 million posted the year before. Media Generalk shares were tradingat $3.27 just before noon up nearly 1 percent from the day beforwe and more than $2 over theidr 52-week low. Shares had traded as high as $27.19 over the past year.
Friday, May 6, 2011
BFC Financial, Woodbridge to merge - Houston Business Journal:
balamatovaegede.blogspot.com
In a joint press releasre Monday, the Fort Lauderdale-based companies said they entered into a mergerr agreement whereinWoodbridge (Pink Sheets: WDGH) wouldx become a wholly owned subsidiary of BFC (Pin Sheets: BFCF). BFC currently controlws majority voting stakes in both Woodbridgeand BBX). BFC lost $58.9 million on revenude of $487.5 million in 2008. Woodbridge owns , which is building Traditiom Florida inPort St. Lucie, and has investmentsw in various companies includingand . Woodbridge lost $140.e million on revenue of $25. 5 million in 2008.
In its first quarter earnings report, Woodbridge warned that Core Communitieds could default on the loansz for Tradition Florida if its lenders demand that it put more equitucapital down. Under the merger deal, all shareholderx of Woodbridge Class A common stock exceptt BFC wouldreceive 3.47 shares of BFC’sz Class A common stock per With shares of BFC openinh at 40 cents Monday, it equals nearly $1.3 a share for each share of Woodbridge, which opener at $1.10 Monday. Levan and Abdo are chairmab andvice chairman, respectively, of both The merger would save between $1 milliobn and $2 million in professionap fees and SEC reporting costs for the Levan said.
It would also reduce the taxes Woodbridge would pay on its earningsz once it returns to he said. Currently, Woodbridg pays taxes on its earnings, and then BFC pays taxeds on the portionof Woodbridge’s earnings that it countss on its balance The move will not cause any staff Levan noted. Woodbridge will continue operater independently. The agreement would include all current boarcd members of Woodbridgeon BFC’ds new board and add Woodbridge Presidenr Seth Wise and BankAtlantic Bancor President Jarett Levan to BFC’s 12-membeer board, as well. Wise would also becom executive vice presidentof BFC. The deal is expectesd to close before the endof 2009.
BFC shares closed unchanged at40 cents. The 52-week high was 95 centse on Sept. 2. The 52-week low was 6 cents on Feb. 5. Woodbridge shares closed down 2 cents to The 52-week high was $6.60 on Aug. 21. The 52-week low was 2 cente on Oct. 24.
In a joint press releasre Monday, the Fort Lauderdale-based companies said they entered into a mergerr agreement whereinWoodbridge (Pink Sheets: WDGH) wouldx become a wholly owned subsidiary of BFC (Pin Sheets: BFCF). BFC currently controlws majority voting stakes in both Woodbridgeand BBX). BFC lost $58.9 million on revenude of $487.5 million in 2008. Woodbridge owns , which is building Traditiom Florida inPort St. Lucie, and has investmentsw in various companies includingand . Woodbridge lost $140.e million on revenue of $25. 5 million in 2008.
In its first quarter earnings report, Woodbridge warned that Core Communitieds could default on the loansz for Tradition Florida if its lenders demand that it put more equitucapital down. Under the merger deal, all shareholderx of Woodbridge Class A common stock exceptt BFC wouldreceive 3.47 shares of BFC’sz Class A common stock per With shares of BFC openinh at 40 cents Monday, it equals nearly $1.3 a share for each share of Woodbridge, which opener at $1.10 Monday. Levan and Abdo are chairmab andvice chairman, respectively, of both The merger would save between $1 milliobn and $2 million in professionap fees and SEC reporting costs for the Levan said.
It would also reduce the taxes Woodbridge would pay on its earningsz once it returns to he said. Currently, Woodbridg pays taxes on its earnings, and then BFC pays taxeds on the portionof Woodbridge’s earnings that it countss on its balance The move will not cause any staff Levan noted. Woodbridge will continue operater independently. The agreement would include all current boarcd members of Woodbridgeon BFC’ds new board and add Woodbridge Presidenr Seth Wise and BankAtlantic Bancor President Jarett Levan to BFC’s 12-membeer board, as well. Wise would also becom executive vice presidentof BFC. The deal is expectesd to close before the endof 2009.
BFC shares closed unchanged at40 cents. The 52-week high was 95 centse on Sept. 2. The 52-week low was 6 cents on Feb. 5. Woodbridge shares closed down 2 cents to The 52-week high was $6.60 on Aug. 21. The 52-week low was 2 cente on Oct. 24.
Wednesday, May 4, 2011
Portland-area economy weakens Q1 - Sacramento Business Journal:
http://globality.org/Essays/th3jones.htm
percent, an accelerating decline compared tothe 13.5 percent drop in the fourth quarter of 2008. Of the nine indicators includeed inthe index, six decline significantly, said Tim Duy, director of the Oregon Economic Forum and a UO adjunct assistan professor, Labor market trends continue to deteriorate. Help-wanterd advertising in The Oregoniab fell during the consistent with a decreaswe inhiring demand. Similarly, initial unemployment claims continuerdto rise, reaching a month average of 16,819o claims. Non-farm payrolls continue to fall as under the dual forceds of increased layoffs and slac khiring demand; payrolls stand 3.9 percent lowet than year-ago levels.
The expected slowdown in lodginf activity finally cameto pass, said Duy,witu estimated lodging revenue (seasonally and inflation adjusted) down 15.4 percent from the fourtb quarter. Passenger traffic at Portland International Airportr was effectively unchanged from theprevious quarter. Housing marketsa were generally weaker. Housing sales were effectively whileaverage days-on-market fell, partially offsetting a particularly sharp rise in the fourthg quarter of 2008, attributable to the intensification of the financial crisisa and unusual weather conditions, said Duy.
Ongoing declines in the in point to continued economic deterioration in thePortland region, he Signs of stabilization are difficult to he said; expectations for a firminfg of economic activity in the second half of 2009 are largely based on some tentative signs of stability in the nationao economy. Moreover, the impact of fiscal and monetary policiees should become more evident as theyear Still, the pace of the recovery is expectefd to be subdued as the economyu adjusts to an environment less dependent on debt-supported consumer spendiny growth.
percent, an accelerating decline compared tothe 13.5 percent drop in the fourth quarter of 2008. Of the nine indicators includeed inthe index, six decline significantly, said Tim Duy, director of the Oregon Economic Forum and a UO adjunct assistan professor, Labor market trends continue to deteriorate. Help-wanterd advertising in The Oregoniab fell during the consistent with a decreaswe inhiring demand. Similarly, initial unemployment claims continuerdto rise, reaching a month average of 16,819o claims. Non-farm payrolls continue to fall as under the dual forceds of increased layoffs and slac khiring demand; payrolls stand 3.9 percent lowet than year-ago levels.
The expected slowdown in lodginf activity finally cameto pass, said Duy,witu estimated lodging revenue (seasonally and inflation adjusted) down 15.4 percent from the fourtb quarter. Passenger traffic at Portland International Airportr was effectively unchanged from theprevious quarter. Housing marketsa were generally weaker. Housing sales were effectively whileaverage days-on-market fell, partially offsetting a particularly sharp rise in the fourthg quarter of 2008, attributable to the intensification of the financial crisisa and unusual weather conditions, said Duy.
Ongoing declines in the in point to continued economic deterioration in thePortland region, he Signs of stabilization are difficult to he said; expectations for a firminfg of economic activity in the second half of 2009 are largely based on some tentative signs of stability in the nationao economy. Moreover, the impact of fiscal and monetary policiees should become more evident as theyear Still, the pace of the recovery is expectefd to be subdued as the economyu adjusts to an environment less dependent on debt-supported consumer spendiny growth.
Monday, May 2, 2011
Chase commits to Central Ohio expansion - Baltimore Business Journal:
qozito.wordpress.com
The New York company, Central Ohio’ds second-largest bank and third-largest employer, said it planas to add several hundred jobs atits 8,000-employees McCoy Center operation at Polaris whilr several hundred jobs will be added to a lending facility near Easton Town Center. About 150 jobs will be addec atthe company’s Cleveland Avenue operations in Westerville. Chase (NYSE:JPM) said it’s boosting employment in the regiomn to handle additional supporft functions needed after buying Washington Mutuallast September.
The move comes aftef state and local officials extended a round of incentive packagexs valued atabout $20 That includes a more than $6 milliom package from Columbus and a 15-year, 75 percent tax credit valued at about $14 million from the state. Gov. Ted Strickland in a statemenftcalled Chase’s announcement “a tremendous boost to our econom y and very welcome news for Ohio.”
The New York company, Central Ohio’ds second-largest bank and third-largest employer, said it planas to add several hundred jobs atits 8,000-employees McCoy Center operation at Polaris whilr several hundred jobs will be added to a lending facility near Easton Town Center. About 150 jobs will be addec atthe company’s Cleveland Avenue operations in Westerville. Chase (NYSE:JPM) said it’s boosting employment in the regiomn to handle additional supporft functions needed after buying Washington Mutuallast September.
The move comes aftef state and local officials extended a round of incentive packagexs valued atabout $20 That includes a more than $6 milliom package from Columbus and a 15-year, 75 percent tax credit valued at about $14 million from the state. Gov. Ted Strickland in a statemenftcalled Chase’s announcement “a tremendous boost to our econom y and very welcome news for Ohio.”
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