kittredgeihuhyla1951.blogspot.com
The Memphis-based discount retailer reported salesof $134.7 millioh for May, down 6 percentt compared to sales of $143.4 milliomn in May 2008. These numbers include Fred’ (NASDAQ: FRED) closing 74 underperforming stores and 23 Excludingthose stores, Fred’se sales increased 1 percent comparefd to last May. Comparabled store sales in Mayrose 0.2 down compared to 3.4 percent in the same period last year. For the first four fiscal monthsof 2009, the company reported total salesx of $593.1 million, down 2.4 percenrt compared to $607.7 million for the same year-ago period.
excluding stores closed in sales from ongoing storeas increased 4 percent compared to thesame four-month period last On a comparable store year-to-date sales increased 2.1 percent compared to 2.4 percenft last year. Fred’s opened one new pharmacy in May. Fred’a operates 666 discount merchandiswe stores, including 24 franchised stores nationwide. Shares closedc down 12 cents to $14.22 per share Wednesday.
понедельник, 31 декабря 2012 г.
воскресенье, 30 декабря 2012 г.
SyriaAir cancels flight from Cairo to Aleppo - Yahoo! News (blog)
haygoodfoafyga1359.blogspot.com
euronews | SyriaAir cancels flight from Cairo to Aleppo Yahoo! News (blog) CAIRO (Reuters) - Syria's national airline cancelled a flight from Cairo to Aleppo on Saturday due to poor security conditions around the airport, Cairo airport officials said. Rebels fighting to overthrow Syrian President Bashar al-Assad said last ... Egypt's Mursi says Assad "regime" has no future in Syria |
суббота, 29 декабря 2012 г.
Highwoods Properties grows profit, raises guidance - Tampa Bay Business Journal:
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The Raleigh, N.C.-based real estate investmeng trust, which has holdings in Tampa, postesd FFO of $42.3 million, or 69 cents per dilutex share, up from $35.6 million, or 58 centz per diluted share, in the same period last year. Analysts pollecd by had projected, on average, FFO of 66 centsd per diluted share for Highwoods in the quarter endedJune 30. FFO is the preferredc measure of profitabilityfor REITs. net income of $12.1 million, or 21 cents per diluted share, increased more than threefoldxfrom $4 million, or 7 centzs per diluted share, in the year-ago quarter. The company’sw office buildings were 91.
1 percen t occupied on June 30, and 66 percent of its $336 millioj development pipelinewas pre-leased as of that date. “Our companty is stronger today than it was fouryears ago,” CEO Ed Fritschu said in a media “We have transformed our portfolio and strengthene d our balance sheet. We have no remaining debt maturitiew this yearand $155 million of high coupon debt maturingg in 2009.” Because of its strong performance, Highwoodd (NYSE: HIW) raised its FFO 2008 guidance to a range of $2.70 to $2.78 per dilutedr share from $2.60 to In Tampa, the REIT owns Highwoods Bay Centefr I and Harbour Place.
The Raleigh, N.C.-based real estate investmeng trust, which has holdings in Tampa, postesd FFO of $42.3 million, or 69 cents per dilutex share, up from $35.6 million, or 58 centz per diluted share, in the same period last year. Analysts pollecd by had projected, on average, FFO of 66 centsd per diluted share for Highwoods in the quarter endedJune 30. FFO is the preferredc measure of profitabilityfor REITs. net income of $12.1 million, or 21 cents per diluted share, increased more than threefoldxfrom $4 million, or 7 centzs per diluted share, in the year-ago quarter. The company’sw office buildings were 91.
1 percen t occupied on June 30, and 66 percent of its $336 millioj development pipelinewas pre-leased as of that date. “Our companty is stronger today than it was fouryears ago,” CEO Ed Fritschu said in a media “We have transformed our portfolio and strengthene d our balance sheet. We have no remaining debt maturitiew this yearand $155 million of high coupon debt maturingg in 2009.” Because of its strong performance, Highwoodd (NYSE: HIW) raised its FFO 2008 guidance to a range of $2.70 to $2.78 per dilutedr share from $2.60 to In Tampa, the REIT owns Highwoods Bay Centefr I and Harbour Place.
четверг, 27 декабря 2012 г.
North Shore theater likely to liquidate - Puget Sound Business Journal (Seattle):
ra-iwinyro.blogspot.com
Theater executives announced Tuesday that the financiallyt distressed theater has failed to raisdethe $2 million it needed to put on 2009 productions, althougbh more than $500,000 in pledges have been made sincee the theater announced a turn-around strategy in mid April. “The thingy we know is that we’re not puttinv on a 2009 season. I think the very likely consequencee of that is that we will very quickly go out of saidDavid Fellows, chairman of the Northj Shore Music Theatre board.
“Whether it’s Chapter 11 or Chapterr 7 — it’s completely up in the air at the Without a production season this the theater is unable to address the substantialk debts of its creditors and restorerthe theater’s economic health, said The theater is approximately $10 million in debt, including large mortgages on its propertyu and buildings and debtd to vendors, the State of Massachusetts, and subscriber who paid in advanc e for the 2009 season. Fellowe said most of the theater’s 4,400 subscribers are unlikelyg to get their money Subscriptions cost upwardsof $350 per seat.
Theatert executives are in discussions with senior creditor and are reviewing a liquidation to maximize the valur ofthe theater’s assets for its stakeholders as well as identifuy potential “friendly” buyers of the property who mighyt consider a lease back of the Fellows said.
Theater executives announced Tuesday that the financiallyt distressed theater has failed to raisdethe $2 million it needed to put on 2009 productions, althougbh more than $500,000 in pledges have been made sincee the theater announced a turn-around strategy in mid April. “The thingy we know is that we’re not puttinv on a 2009 season. I think the very likely consequencee of that is that we will very quickly go out of saidDavid Fellows, chairman of the Northj Shore Music Theatre board.
“Whether it’s Chapter 11 or Chapterr 7 — it’s completely up in the air at the Without a production season this the theater is unable to address the substantialk debts of its creditors and restorerthe theater’s economic health, said The theater is approximately $10 million in debt, including large mortgages on its propertyu and buildings and debtd to vendors, the State of Massachusetts, and subscriber who paid in advanc e for the 2009 season. Fellowe said most of the theater’s 4,400 subscribers are unlikelyg to get their money Subscriptions cost upwardsof $350 per seat.
Theatert executives are in discussions with senior creditor and are reviewing a liquidation to maximize the valur ofthe theater’s assets for its stakeholders as well as identifuy potential “friendly” buyers of the property who mighyt consider a lease back of the Fellows said.
среда, 26 декабря 2012 г.
General Motors creates lots to deal with - Dayton Business Journal:
sucujovide.wordpress.com
For Ledezma and the 200 employees at his twolocal dealerships, the news brought reliedf and certainty after months of He spent that afternoon and the next morningb visiting each department at the Independencd and Kansas City locations, letting employees know that the businessezs would continue as GM franchises. “It’s quite a bit of reliecf but, at the same time, a lot of said Ledezma, president of “Whatever we’re going to have additional responsibility as a With thegiant automaker’s plungwe into bankruptcy on June 1, lines have been Although roughly 3,600 dealers, like received individualized “participation agreements” offering the potential of higher profitss along with improvement directives — 1,350 were notifiedc that they needed to wind down as GM That’s in addition to the 1,100 that receivede similar messages last month as part of GM& rsquo;s which involves keeping only top dealers and The lists 24 GM dealerships in the area.
GM isn’t yet sharinf the names or locations of dealershipss whose franchise agreements willbe terminated, but at leasty one local dealer has begun to spread the in Belton was among the dealerships notified last month that its franchiswe agreement would end, said Ray Adams, CEO of Detailsx from GM remain hazy, he but his plan is to close the Chevyg dealership within about 18 months and focus on sales of Toyotas at in Lee’s His Toyota sales are down about 20 percent compareed with last year but are improving every month; Chevy sales are down roughly 50 percent.
Adamws Chevrolet, which has about 100 Chevyes to sell, employs about 50 It’s been there since 1936, and Adams has run it since 1990. in midtow n Kansas City also was notified that its franchise agreementwould end. The dealership, which employd 80 people, is appealing the decision. GM spokeswomann Susan Garontakos said dealerships thatreceivedx wind-down notices no longer will be able to orderd new vehicles. But GM is offeringb assistance, on a case-by-case basis, to help the dealership s maintain payrolls and cover other operating costs while they sell existing she said. “We want them to be able to wind down Garontakos said.
“Some dealers will actually probably wantto exit.” That’s been the trend. Last 401 GM dealers exited the business. Fewer dealershipsz will enable GM to make cuts to thesupportinb infrastructure, better aligning a network builty for 50 percent market share to the current share of less than 20 percent, Garontakos said. Even participation agreements aren’t a free pass some franchisees are being asked toconsolidater facilities, relocate or update, she Ledezma said it probably will cost close to $1 millionh to update Cable-Dahmer’s Kansas City facility.
The company already has investef hundreds of thousands of dollars on GM seems fine with the Independence alsorecently upgraded, he Chris Igoe, co-owner of in Liberty, said the area long has been oversaturated with GM dealers. Igoe, who received a participation agreement, estimated that comparable markets have a thirdd as manyGM franchises. “Here in Kansas we have, as dealers, screamed that we’re Igoe said. “With the dealers that are remaining, it will creat e a much better opportunity for us to be even in adown market.
” , which owns threw GM dealerships in the metro area and 27 expects in Merriam, in Kansas City and in Merriam to remai n open for the foreseeablr future and thinks GM “wilpl emerge from this stronger and bette equipped to compete than ever before,” the company said in a GM said June 2 that it’s in advanced talkzs to sell the Hummer brand to Chineses company , which would assumse existing dealer agreements. Ledezma, who has been sellinfg Chevy vehiclessince 1983, remainzs firm in his faith that GM is a “phenomenalp company” that encourages franchisees to constantly perform at a higher “Have they had their downfalls? Absolutely,” he said.
“But tell me one company that didn’t.”
For Ledezma and the 200 employees at his twolocal dealerships, the news brought reliedf and certainty after months of He spent that afternoon and the next morningb visiting each department at the Independencd and Kansas City locations, letting employees know that the businessezs would continue as GM franchises. “It’s quite a bit of reliecf but, at the same time, a lot of said Ledezma, president of “Whatever we’re going to have additional responsibility as a With thegiant automaker’s plungwe into bankruptcy on June 1, lines have been Although roughly 3,600 dealers, like received individualized “participation agreements” offering the potential of higher profitss along with improvement directives — 1,350 were notifiedc that they needed to wind down as GM That’s in addition to the 1,100 that receivede similar messages last month as part of GM& rsquo;s which involves keeping only top dealers and The lists 24 GM dealerships in the area.
GM isn’t yet sharinf the names or locations of dealershipss whose franchise agreements willbe terminated, but at leasty one local dealer has begun to spread the in Belton was among the dealerships notified last month that its franchiswe agreement would end, said Ray Adams, CEO of Detailsx from GM remain hazy, he but his plan is to close the Chevyg dealership within about 18 months and focus on sales of Toyotas at in Lee’s His Toyota sales are down about 20 percent compareed with last year but are improving every month; Chevy sales are down roughly 50 percent.
Adamws Chevrolet, which has about 100 Chevyes to sell, employs about 50 It’s been there since 1936, and Adams has run it since 1990. in midtow n Kansas City also was notified that its franchise agreementwould end. The dealership, which employd 80 people, is appealing the decision. GM spokeswomann Susan Garontakos said dealerships thatreceivedx wind-down notices no longer will be able to orderd new vehicles. But GM is offeringb assistance, on a case-by-case basis, to help the dealership s maintain payrolls and cover other operating costs while they sell existing she said. “We want them to be able to wind down Garontakos said.
“Some dealers will actually probably wantto exit.” That’s been the trend. Last 401 GM dealers exited the business. Fewer dealershipsz will enable GM to make cuts to thesupportinb infrastructure, better aligning a network builty for 50 percent market share to the current share of less than 20 percent, Garontakos said. Even participation agreements aren’t a free pass some franchisees are being asked toconsolidater facilities, relocate or update, she Ledezma said it probably will cost close to $1 millionh to update Cable-Dahmer’s Kansas City facility.
The company already has investef hundreds of thousands of dollars on GM seems fine with the Independence alsorecently upgraded, he Chris Igoe, co-owner of in Liberty, said the area long has been oversaturated with GM dealers. Igoe, who received a participation agreement, estimated that comparable markets have a thirdd as manyGM franchises. “Here in Kansas we have, as dealers, screamed that we’re Igoe said. “With the dealers that are remaining, it will creat e a much better opportunity for us to be even in adown market.
” , which owns threw GM dealerships in the metro area and 27 expects in Merriam, in Kansas City and in Merriam to remai n open for the foreseeablr future and thinks GM “wilpl emerge from this stronger and bette equipped to compete than ever before,” the company said in a GM said June 2 that it’s in advanced talkzs to sell the Hummer brand to Chineses company , which would assumse existing dealer agreements. Ledezma, who has been sellinfg Chevy vehiclessince 1983, remainzs firm in his faith that GM is a “phenomenalp company” that encourages franchisees to constantly perform at a higher “Have they had their downfalls? Absolutely,” he said.
“But tell me one company that didn’t.”
вторник, 25 декабря 2012 г.
Humanitarian catastrophe brewing in Syria - Pravda
proklofuxaanygez.blogspot.com
Humanitarian catastrophe brewing in Syria Pravda The political situation in Syria remains tense and the number of refugees from the country is increasing every day. A few days ago The United Nation said that it needed to raise $1.5 billion to provide humanitarian assistance to the Syrian citizens ... |
воскресенье, 23 декабря 2012 г.
UN committee adds 20 new items to intangible cultural heritage list - UN News Centre
hyperwave-exhausted.blogspot.com
UN News Centre | UN committee adds 20 new items to intangible cultural heritage list UN News Centre 5 December 2012 â€" A United Nations committee tasked with protecting the world's oral traditions, performing arts, social practices, craftsmanship and knowledge of nature today added 20 new items to the List of the Intangible Cultural Heritage of Humanity. Azerbaijan to host 2013 meeting of Intergovernmental Intangible Cultural ... Venezuela's Dancing Devils Receive Country's First Intangible Heritage ... Colombia's San Pacho festival makes UNESCO's 'Intangible Cultural Heritage' list |
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