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Paxil at the right dosage a miracle drug. At the wrong dosage you are confused, and manic which makes your head sort of want to explode. The dangers of antidepressants are greatly underestimated.
Bedtime. nighty night lol.
Congress if capable should be able to reign in information about methodology and content of any sort of "intelligence" action for database collections of phone records. However if the program truly only measures strange contact links ( international ) that may be terrorist related than it should be harmless enough to our US domestic privacy.
Dans report from Merryl Asia Pacific came out great.
RHCP.
The REDSOX beat the Yankees, well there is some news. ( sorry I am a sucker for a good rivalry ).
Hello Paul, Mike, Susan, and Haslinda.
Yes I am still listening but havent found a topic to comment on just yet.
Anyyyyways... Somebody is wiretapping and defrauding law abiding and innocent civilians, investors, inventors ( like myself say ) and many many others.
So I want to believe Bush, but who else is capable of that ?
I think it is good that the Senators of the US are looking into it by issuing subpoenas for court hearings on the subjects to top executives of our communication system. ( it probably is some sort of employee mismanagement deal ). Again this has been going on since as long as I can remember but I definately can remember back to 1976 to 1979 becoming aware of mass produced commercial goods and services based SOLELY upon ideas generated by my phone conversations. Verbatim word for word exactly, no kidding.
Sorry folks buy I and many others I am sure cannot afford that ( in terms of both time and money ) and it is a betrayal of trust.
And actually talent isn't that rare ( distributed argument ).
Of course with fewer owners, if the owners are truly "good" in terms of doing whats best for all consumers, investors, and suppliers then the multitude of distributed owners would pale in comparison. And judging by how rare talent is in the world this centralized way "may" also be the better choice.
LOL how non-committal is that ?
Wow from what I can tell alot of scotch is still made in Scotland.... Imagine that.
What is the best world strategy for liquor manuf. and distribution, localized single manuf. plants that have their own distribution and marketing or large scale ( like what pernot ricard seems to be ) centralized manuf, dist. and marketing.
Remember my comments about centralized vs distributed management ? I am thinking that distributed is best for the owner and centralized best for the consumer based upon economies of scale. ( these are very brief summaries and a whole book can be written on each topic obviously, And with each example there are exceptions that prove the assumption wrong I am sure.)
However centralized produces fewer jobs with more income per employee I would imagine. Distributed would offer more opportunities for sole propriety ownership, however with centralized all you need to do is own the stock ( you just have little say in the matter, often times anyways ). With distributed you probably cannot own stock in the companies however more owners exist for each product would have its own plant/owner.
I think that there is almost an equal weight argument for either design. So is that flipflopping or just seeing both sides of the coin ? The only way to know which is best is to talk to all people effected by the 2 different ( lots of other variants I am sure ) management styles. And then when you actually ask all folks involved make sure they are speaking without an "injected by others" sort of bias. Most people probably dont care about which method for ultimately the product reaches the shelves and they purchasse it, right ?
Soooooo I can see why lots of babbling would occur on this subject for in my mind there is no easy answer. I would give the slight edge to distributed management more owners, private land and building ownership, BUT somehow allowing for some public investment through the markets I would imagine. ( markets tend to be brutal though ).
Does anyone else understand this confusion or is it only me ???
High Double Digit growth due primarily to success in the Asias and Americas. I guess someone benefits from stressors in life. ( I missed the name of the major competitor, for I would like to see revenue differences and product comparisons ).
http://www.pernod-ricard.com/
11-05-2006 - Sales for first nine months (at 31 March 2006): +67.4%
• Continued dynamic growth of Group’s premium brands
• Good results for ex-Allied Domecq major brands during the 3rd quarter
• Confirmation of guidance of net current profit per share for the 2005/06 financial year at the higher end of the € 7.25 - € 7.60 range
Paris, France -- May 2006, 11
For the first nine months of the 2005/06 financial year, Pernod Ricard recorded consolidated sales (excl. duties and taxes) of € 4,571 million, a +67.4% increase compared to the previous period. This strong growth resulted from:
• a significant increase in the scope of consolidation (+61.0%), which included both an 8 months contribution by Allied Domecq and the disposal of the following brands: Bushmills, Seagram’s Vodka, Larios and Glen Grant,
• a +4.0% organic growth rate, excluding spirit bulk sales,
• a +3.9% favourable foreign exchange impact.
Continued good performance by Group original premium brands
Pernod Ricard’s premium brands have recorded strong growth from the beginning of the financial year, as follows: Chivas Regal (+10%), Jameson (+14%), Martell (+8%), The Glenlivet (+14%). Sales value of Pernod Ricard 12 key brands thus increased by +7%, which represents an organic growth significantly higher than the +1% volume growth, reflecting the premiumisation of the portfolio.
Allied Domecq is an international spirits and wine
group and a global foodservice business. The Company's
spirit brands include Kahlua and Beefeater. It also operates
Dunkin' Donuts and Baskin-Robbins. For the six months ended
02/28/05, turnover fell 1% to 1.7B. Net income from cont.
ops. before U.S. GAAP rose 19% to 199M. Results reflect
decreased revenues from the Spirits Wine business segment,
offset by the inclusion of profit on sale of businesses.
Pernod Ricard, and Who was the main competitor to the combination story of Ricard and Domecq ?
I cant find the US ticker for Ricard. Hmmm well check the websites.
Stocks, Oil, and Bonds all up that has to be good.
Same 17 Mile ride with a new hill ( huff, huff ). rainy week.
American Reprographics Company Announces First Quarter 2006 Financial Results
- Revenue of $140.8 Million; Growth of 21%
GLENDALE, Calif., May 4 /PRNewswire-FirstCall/ -- American Reprographics
Company (NYSE: ARP), the nation's leading provider of reprographic services
and technology today reported revenue for the first quarter of 2006 of $140.8
million compared to $116.5 million in the first quarter of 2005, an increase
of 20.9%.
Net income for the first quarter of 2006 was $14.4 million, or $0.32 per
diluted share. This compares to adjusted net income for the first quarter
2005 of $7.5 million, or $0.18 per diluted share. Including both a $1.5
million write-off of deferred financing costs, and a $27.7 million one-time
income tax benefit related to the Company's IPO in February 2005, net income
for American Reprographic Company was $35.6 million in the first quarter of
2005.
"We are pleased with our strong start in 2006," said S. "Mohan"
Chandramohan, Chairman and CEO of American Reprographics Company. "We believe
that our performance in the first quarter reflects the Company's focus on top
line growth and the overall strength of our operations.
"Also during the first quarter, we continued to grow our footprint with
the acquisitions of Scott Blue in the Phoenix, AZ area, and Western Blue in
Kansas City, MO. These two transactions are consistent with our goal of
growing market share in the top 50 metro markets," concluded Mohan.
K. "Suri" Suriyakumar, President and COO said, "ARC continued to execute
against the goals we set for ourselves at the beginning of 2006. In addition
to strong financial results for the quarter, we ended the quarter with 2,573
on-site service, or 'facilities management' contracts in place and we
continued to show growth in our digital services business. Both services are
important to our success in the future as our customers continue to produce
and consume information in their offices."
Outlook
Based on current trends, American Reprographics Company reiterates its
2006 forecast for revenues between $560-$565 million, and that fully diluted
EPS for 2006 will be in the range of $1.21-$1.24.
SOURCE American Reprographics Company
David Stickney, VP of Corporate Communications of American Reprographics
Company, +1-925-949-5100, or dstickney@e-arc.com; or Jason Golz of Financial
Dynamics, +1-415-439-4532, or jgolz@fd-us.com, for American Reprographics
Company
04May06 20:05 GMT
Symbols:
de;BZCF us;ARP
Source PRN PR Newswire
DaVita 1st Quarter 2006 Results
EL SEGUNDO, Calif., May 3 /PRNewswire-FirstCall/ -- DaVita Inc.
(NYSE: DVA), today announced results for the quarter ended March 31, 2006. Net
income for the three months ended March 31, 2006, was $57.5 million or $0.55
per share.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020729/DAVITALOGO )
Net income for the three months ended March 31, 2006 included after-tax
stock-based compensation expense of $2.8 million or $0.025 per share as a
result of implementing SFAS No. 123(R).
Financial and operating highlights include:
-- Cash Flow: For the rolling 12-months ended March 31, 2006 operating
cash flow was $412 million and free cash flow was $336 million, in
each case excluding the tax benefit from stock option exercises and
an $85 million income tax payment associated with the divestiture of
centers in conjunction with the Gambro Healthcare acquisition.
Operating cash flow for the three months ended March 31, 2006 was
$61 million and free cash flow was $41 million, in each case
excluding the tax benefit from stock option exercises and the $85
million income tax payment.
-- Operating Income: Operating income for the three months ended
March 31, 2006, was $162 million, as compared to $159 million for the
fourth quarter of 2005.
-- Volume: Total treatments for the three months ended March 31, 2006
were 3,501,032 or 45,468 treatments per day, as compared to 3,498,231
or 44,281 treatments per day for the fourth quarter of 2005.
Non-acquired treatment growth in the quarter was 4.6%.
-- Center Activity: As of March 31, 2006, we operated or provided
administrative services at 1,241 outpatient centers serving
approximately 98,000 patients. During the first quarter of 2006 we
acquired 6 centers, opened 6 new centers, and provided administrative
services to 2 additional centers. We also completed the divestiture
of 3 centers related to the Gambro Healthcare acquisition and closed
3 centers.
Outlook
Our operating income guidance for 2006 is projected to be in the
$600-680 million range after the impact of FASB No. 123R related to stock
option expensing. These projections and the underlying assumptions involve
significant risks and uncertainties, including those described below and
actual results may vary significantly from these current projections.
DaVita will be holding a conference call to discuss its results for the
first quarter ended March 31, 2006 on May 3, 2006 at 10:00 AM Eastern Time.
The dial in number is 800-399-4406. A replay of the conference call will be
available on DaVita's official web page, www.davita.com, for the following 30
days.
SOURCE DaVita Inc.
LeAnne Zumwalt, Investor Relations of DaVita Inc., +1-650-696-8910
03May06 04:05 GMT
Symbols:
us;DVA
Source PRN PR Newswire
REUTERS Redcats bids $31/share for Sportman's Guide
PARIS, May 5 (Reuters) - Redcats USA Inc., a unit of French
retailer PPR <PRTP.PA>, said on Friday it would acquire U.S.
catalogue retailer The Sportsman's Guide Inc. <SGDE.O> in a
friendly $31 a share offer.
The deal values Sportsman's at approximately $265 million,
Redcats said in a statement.
05May06 05:07 GMT
Symbols:
de;PPX de;PPXF de;PPXX de;SG6 fr;PP gb;PPP nl;PP us;GUC us;SGDE
Source RTRS Reuters News
REUTERS TABLE-Dawson <DWSN.O> Q2 earnings rise sharply [FZLPNHM]
May 1 (Reuters) -
........................DAWSON GEOPHYSICAL CO. <DWSN.O>
..................................Latest..............#........05 Q
EPS (diluted, $/shr).......0.58....0.41....2 .....0.37
Net ($ million).................4.4.......-- ......--..........2.3
Revenue ($ million)........40.0....37.1...1 .....26.5
*Source: Reuters Estimates
--The company said it had about 7.6 million diluted
weighted average shares outstanding in the latest second
quarter, compared with about 6.4 million in the year-ago
quarter.
(Reporting by Sowjanya Kashyap in Bangalore)
01May06 10:16 GMT
Symbols:
us;DWSN
Source RTRS Reuters News
That would be a significant success for BOOM. OTC to Nasdaq.
Dynamic Materials Corporation Transfers Listing to the Nasdaq National Market
BOULDER, Colo., May 10 /PRNewswire-FirstCall/ -- Dynamic Materials
Corporation ("DMC") (Nasdaq: BOOM), a leading provider of explosion-welded
clad metal plates and associated services, today announced that the Company
has transferred its listing to The Nasdaq National Market from The Nasdaq
Capital Market (formerly known as The Nasdaq SmallCap Market). so that is OTCBB to NASDAQ.
DMC's common
stock will begin trading on The Nasdaq National Market effective at the
opening of business on May 10, 2006. DMC's common stock will continue trading
under its current symbol: BOOM.
About Dynamic Materials Corporation
Based in Boulder, Colorado, Dynamic Materials Corporation is a leading
international metalworking company. Its products include explosion-welded
clad metal plates and other metal fabrications for use in a variety of
industries, including upstream oil and gas, oil refinery, petrochemicals,
hydrometallurgy, aluminum production, shipbuilding, power generation,
industrial refrigeration and similar industries. The company operates two
business segments: Explosive Metalworking, which uses proprietary explosive
processes to fuse different metals and alloys, and AMK Welding, which utilizes
various technologies to weld components for use in power-generation turbines,
as well as commercial and military jet engines. For more information, visit
the company's website at www.dynamicmaterials.com.
Except for the historical information contained herein, this news release
contains forward-looking statements that involve risks and uncertainties
including, but not limited to, the following: our ability to obtain new
contracts at attractive prices; the size and timing of customer orders and
shipment; fluctuations in customer demand; changes to customer orders;
competitive factors; the timely completion of contracts; the timing and size
of expenditures; the timely receipt of government approvals and permits; the
adequacy of local labor supplies at our facilities; current or future limits
on manufacturing capacity at our various operations; the availability and cost
of funds; and general economic conditions, both domestic and foreign,
impacting our business and the business of the end-market users we serve; as
well as the other risks detailed from time to time in the company's SEC
reports, including the report on Form 10-K for the year ended December 31,
2005.
SOURCE Dynamic Materials Corporation
Geoff High of Pfeiffer High Investor Relations, Inc., +1-303-393-7044, for
Dynamic Materials Corporation
10May06 11:01 GMT
Symbols:
de;DM5 de;DM5F de;DM5X us;BOOM
Source PRN PR Newswire
REUTERS UPDATE 2-Deals of the day -- mergers and acquisitions [FZHPBNF]
(Adds Dynamic Materials, others)
April 27 (Reuters) - The following bids, mergers,
acquisitions and disposals involving European and U.S.
companies were reported by 2140 GMT on Thursday.
** Dynamic Materials Corp. <BOOM.O> said its majority
stockholder, French-government controlled entity Groupe SNPE,
will sell its stake in the company through an offering of at
least 5.15 million shares currently valued at more than $220
million. [nN27436734]
----------------------------------------------------------------
** Privately held publishers MediaNews Group Inc. and
Hearst Corp. agreed to buy four newspapers from McClatchy Co.
<MNI.N> for $1 billion once McClatchy wraps up its takeover of
Knight Ridder Inc. [nN26322276]
** Texas Instruments Inc. <TXN.N> said it completed the
sale of its sensors & controls business to affiliates of
private equity firm Bain Capital LLC, for $3 billion in cash.
[nWEN5985]
** Germany's Siemens <SIEGn.DE> has agreed to buy U.S.
in-vitro diagnostics specialist Diagnostic Products Corp.
<DP.N> for $1.86 billion in cash to strengthen its thriving
healthcare unit, Medical. [nL27615526]
** MeadWestvaco Corp. <MWV.N> said it will acquire
Saint-Gobain Calmar, which makes plastic dispensing and
spraying systems, from Compagnie de Saint-Gobain <SGOB.PA> for
$710 million cash. [nWEN5830]
** Carlson Wagonlit Travel (CWT) said it would buy U.S.
travel group Navigant International for $510 million, including
debt, to boost its presence in the North American market.
[nPAC006252]
**French hotels operator Accor <ACCP.PA> has agreed to sell
its 50 percent stake in Carlson Wagonlit Travel (CWT) for $465
million as part of a strategic move to focus on its main
businesses. [nL27424383]
** Avocent Corp.<AVCT.O>, which provides network equipment
technology, said it had signed an agreement to purchase
technology infrastructure management company LANDesk for about
$416 million. [nWEN5849]
** Cambrian Mining Plc <CBM.L> said it was buying the 30
percent of AGD Mining Ltd <AGZ.AX> it does not already own in
an agreed deal that values the Australian miner at A$63.5
million ($47 million). [nL27317150]
** Iconix Brand Group Inc. <ICON.O>, which owns apparel
brands such as Joe Boxer, said it has a definitive agreement
with Cherokee Inc. <CHKE.O> to buy out the Mossimo finders
agreement for $33 million in cash. [nN27443476]
** Brunswick Corp. <BC.N>, the world's largest pleasure
boat maker, said it plans to sell almost all of its new
technologies business unit as it was not one of its core
business segments. [nWEN5956]
** German drugs and chemicals group Bayer <BAYG.DE> will
keep its MaterialScience plastics and chemicals unit, Chief
Executive Werner Wenning told an analyst conference call.
[nWLB8020]
** Rocker Partners LP, the hedge fund headed by well-known
short-seller David Rocker, has sold its entire stake in Lexar
Media Inc. <LEXR.O>, the flash memory maker which agreed to be
sold to Micron Technology Inc. <MU.N>, according to a
regulatory filing late Wednesday. [nN27290064]
** Valero Energy Corp. <VLO.N> has expressed interest in
the 268,000-barrel-per-day Houston refinery that operators
Lyondell Chemical Co. <LYO.N> and Citgo Petroleum Corp. have
offered for sale, Valero Chief Executive Bill Klesse said.
[nN27301470]
** Lyondell Chemical Co.'s <LYO.N> chief financial officer
said the company aims to sell its jointly owned Houston
refinery by midsummer. [nN27358336]
** Investment bank Morgan Stanley <MS.N>, which is active
in energy markets, increased its buyout offer for oil-products
marketer TransMontaigne Inc. <TMG.N> to $10.50 a share in cash,
topping a rival bid. [nN2770470]
** Shares of Fidelity National Financial Inc. <FNF.N>,
majority owner of the largest U.S. title insurer, soared 24
percent after it said it would simplify its corporate structure
by converting three publicly traded entities into two
independent companies. [nN27432508]
** Mergers and acquisition services firm Lincoln
International said that it had formed a strategic alliance with
Hong Kong banking company China Everbright Ltd. <0165.HK>.
[nN27448285]
** Chicken grower and processing company Gold Kist Inc.
<GKIS.OQ> said it would form a joint venture with Archer
Daniels Midland Co. <ADM.N> that would own three grain
elevators in the Midwest. [nWEN6059]
** Carlo Tassara International SA, the holding company of
businessman Romain Zaleski, has raised its stake in steel group
and bid target Arcelor <CELR.PA> to 3.6 percent. [nL27728688]
** Morley Fund Management, the unlisted arm of Aviva
<AV.L>, has taken a majority stake in ORN Capital, more than
doubling its alternative funds under management to some $1.1
billion, the insurer said. No details of the price paid were
given. [nWLB7995]
** Finnish fertiliser maker Kemira GrowHow <KGH1V.HE> has
bought a minority stake in Finnish agricultural dealer
Hankkija-Maatalous Oy from Finnish grocery retailer S Group.
[nL27374483]
** French builder Bouygues and power engineer Alstom
clinched a pact that allows the French state to sell a 21
percent stake it acquired in Alstom in a controversial
financial rescue operation. [nL27192572]
** McDonald's Corp. <MCD.N> said it would part with its
remaining stake in Chipotle Mexican Grill <CMG.N> restaurants,
selling 5 million more shares in the next two months and
completely exiting by the end of the year. [nN26326192]
** Private equity firm Legal & General Ventures has
acquired a significant shareholding in Integrated Dental
Holdings, the UK's largest private owner of dental practices,
for an undisclosed amount. IDH operates more than 130 practices
in the UK with 550 dentists and around 1 million patients.
** AstraZeneca Plc <AZN.L> increased its focus on cancer by
acquiring rights to a new breast cancer drug and selling its
anaesthetics and painkillers to U.S.-based Abraxis BioScience
<ABBI.O>. [nL27299563]
** Spanish utility Iberdrola <IBE.MC> has raised its stake
in Energias de Portugal <EDP.LS> to 9.5 percent from 5.7
percent by buying shares in the market, it said. [nL27352101]
** Italian insurer Generali <GASI.MI> has raised its stake
in German unit AMB Generali <AMBG.DE> to 85.05 percent, failing
to buy the entire 30 percent it did not already own, it said.
[nL27674781]
** Icelandic bank Landsbanki <LAIS.ST> said on Wednesday it
intends to sell its 19.8 percent stake in Swedish brokerage
Carnegie <CAR.ST>. [nL26725466]
** British pubs company Regent Inns Plc <REG.L> said it had
received an approach which may lead to an offer for the
company, sending its shares to a 3- year high. [nWLB7947]
(Compiled by Jennifer Robin Raj in Bangalore and Lisa Mahon
and Peter Nielsen in London)
Raven Industries, Inc. Sets Date and Time for Announcement of First Quarter 2007 Results
SIOUX FALLS, S.D., May 4 /PRNewswire-FirstCall/ -- Raven Industries, Inc.
(Nasdaq: RAVN) announced it will release first quarter 2007 financial results
pre-market on Thursday, May 18, 2006.
The company will broadcast a conference call for investors over the
Internet at http://www.ravenind.com or http://www.vcall.com on Thursday, May
18, 2006, at 3:00 p.m. Eastern Time. To listen to the live call, please go to
the website at least 15 minutes early to register, download and install any
necessary audio software. A replay of the call will remain available at the
site for 90 days.
About Raven Industries, Inc.
Celebrating its 50th anniversary, Raven Industries, Inc. is an industrial
manufacturer that provides electronics manufacturing services, reinforced
plastic sheeting and flow control devices to various markets.
On the Internet, information is available at the company's website,
http://www.ravenind.com .
SOURCE Raven Industries, Inc.
Tom Iacarella, Chief Financial Officer, +1-605-336-2750, or, Leslie Loyet,
Analyst Inquiries, +1-312-640-6672, Tim Grace, Media Inquiries,
+1-312-640-6667, both of Financial Relations Board
04May06 14:00 GMT
Symbols:
de;RV1 de;RV1F de;RV1X us;RAVN
Source PRN PR Newswire
REUTERS Poland blocks CEDC purchase of local vodka maker [FZYDVNN]
WARSAW, May 10 (Reuters) - Poland's anti-monopoly office on
Wednesday blocked Central European Distribution Corp's <CEDC.O>
(CEDC) plan to take over a local vodka maker and strengthen its
position in the Polish market, the office said in a statement.
CEDC, based in the U.S. and listed on Nasdaq, owns two local
vodka makers Polmos Bialystok <PLMB.WA> and Bols, and planned to
take control of peer Polmos Lublin <PLMS.WA> through a purchase
of Polish firm Jablonna, which holds a controlling stake.
"As a leading spirits distributor and producer in Poland,
CEDC could gain too strong a position in the local market on the
back of this acquisition," the statement said.
The anti-monopoly office said that by taking over Polmos
Lublin, the owner of Zoladkowa Gorzka flavoured vodka brand,
CEDC would see its Polish market share to rise to far above 40
percent, potentially threatening competition in the industry.
Last year CEDC bought a majority stake in Polmos Bialystok
-- the owner of the Zubrowka (Bison Grass) vodka brand and the
country's second-largest vodka maker.
Bialystok controls about a fifth of the local market -- the
world's fourth largest after Russia, the United States and
Ukraine -- while Bols has around 11 percent of the market.
(10May06 09:33 GMT
Symbols:
de;CEM de;CEMF de;CEMX gb;CTL pl;PLB us;CEDC xa;NFND
Source RTRS Reuters News
Autodesk Announces Palisades High School as Inventor of the Month for May 2006
Autodesk Engineering Awards Program Honors FIRST Robotics Competition Team
from Kintnersville, Pennsylvania for Development of "Archimedes" Robot
SAN RAFAEL, Calif., May 2 /PRNewswire-FirstCall/ -- Autodesk, Inc.
(Nasdaq: ADSK) today announced that the Palisades High School Cybersonics
Technology Team, a FIRST Robotics Competition team, is the Autodesk "Inventor
of the Month" for May 2006. The Inventor of the Month program recognizes the
most innovative design and engineering advancements made by the extensive
community of users of Autodesk Inventor software, the world's best-selling 3D
mechanical design software and best choice for AutoCAD software users moving
to 3D.
(Logo: http://www.newscom.com/cgi-bin/prnh/20050415/SFF034LOGO)
The Inventor of the Month is traditionally an honor reserved for
established inventors, but this month, Autodesk recognizes the Cybersonics as
well as the nearly 30,000 participants of the FIRST (For Inspiration and
Recognition of Science and Technology) Robotics Competition who push the
boundaries of innovation in engineering and 3D design visualization. Since
1992, Autodesk has contributed approximately $72 million in software, and has
worked with the FIRST Robotics Competition to provide students the opportunity
to learn about the worlds of engineering and visualization.
According to Robert "Buzz" Kross, vice president of Autodesk's
Manufacturing Solutions Division, "We're proud to name the Cybersonics
Technology FIRST Robotics Competition Team the Autodesk Inventor of the Month.
Autodesk is involved with FIRST to help build passion for and interest in
science, technology and engineering in all student participants. While we
spotlight this team, we want to recognize all of the teams for their
dedication and hard work in demonstrating how to harness the power of 3D to
realize every imaginable idea."
This year's FIRST Robotics Competition tested the students' and their
robots' ability to fire foam balls through basketball hoops, plow balls into
floor goals and program a robotic vision system to navigate the robot.
The Cybersonics Technology Team hails from Palisades High School in
Kintnersville, Penn., and is comprised of 29 high school students. "The
students on the Inventor team have really taken to 3D model-based design using
Autodesk Inventor software," says David Beck, the Cybersonics team mentor.
"Designing in 3D enabled us to take our robot to the next level, as we were
able to virtually build several prototypes and test them using Autodesk
Inventor, improving the robot without causing any lost time. With only six
weeks to complete the robot, we needed every moment to count."
The team placed design emphasis on ball targeting and shooting mechanisms
after deciding to focus on scoring points in the 10.5-foot-high center goal
and being able to drive onto the platform. Before prototyping ball shooters,
the three person Inventor group researched pitching machines and recommended a
shooting mechanism that put back-spin on the ball -- creating lift and
extending range. The team was able to concurrently design the ball shooter,
the chassis, ball feeder and controls using Autodesk Inventor software to
create "Archimedes," their 2006 robot.
At the FIRST Robotic Championship in Atlanta, Ga., on April 28, the
Cybersonics Technology Team earned the Autodesk Inventor Award. This award is
presented to the FIRST team that best understands, documents and communicates
the distinct phases of the design process, from concept to production, using
Autodesk Inventor software offered to each team. Second place Autodesk
Inventor Award honors went to the Burning Magnetos from Charleston, S.C.
Students from Summerville High School, Fort Dorchester High School and Trident
Technical College made up this team. The Rookie Award Winner went to the
Fresta Valley Christian School in Marshall, Va. For more details on the 2006
award winners please visit www.autodesk.com.
Each month, Autodesk selects an Inventor of the Month from the more than
500,000 worldwide Autodesk Inventor customers. Winners are chosen for
engineering excellence and groundbreaking innovation that changes the way we
live, work or play. For more information on the Autodesk Inventor of the Month
program, contact us at IOM@autodesk.com.
(C) 2006 Autodesk, Inc. All rights reserved.
Contact: Jeannie Hornung, 415-318-4118
E-mail: hornungj@fleishman.com
SOURCE Autodesk, Inc.
Jeannie Hornung, +1-415-318-4118 or hornungj@fleishman.com, for Autodesk,
Inc.
02May06 20:30 GMT
Symbols:
de;AUD de;AUDF de;AUDS de;AUDX us;ADSK
Source PRN PR Newswire
Goldcorp Declares Fifth Monthly Dividend Payment for 2006
NEWS RELEASE TRANSMITTED BY CCNMATTHEWS
Goldcorp Inc.
May 8, 2006 - 13:36:21 ET
Goldcorp Declares Fifth Monthly Dividend Payment for 2006
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - May 8, 2006) - (All dollar amounts
in United States dollars (US$))
GOLDCORP INC. (TSX:G)(NYSE:GG) is pleased to declare its fifth monthly
dividend payment for 2006 of $0.015 per share. Shareholders of record at the
close of business on Friday, May 19, 2006 will be entitled to receive payment
of this dividend on Friday, May 26, 2006.
Goldcorp is the world's lowest cost multi-million ounce gold producer.
Annualized gold production in 2006 is expected to be approximately 2 million
ounces at a cash cost of US$125 per ounce and the Company does not hedge its
gold production.
FOR FURTHER INFORMATION PLEASE CONTACT:
Goldcorp Inc. Julia Hasiwar Director, Investor Relations (604) 696-3011 (604)
696-3001 info@goldcorp.com www.goldcorp.com
08May06 17:36 GMT
Symbols:
ca;G de;GO5 us;GG
Source CCN CCNMatthews
REUTERS China to loan Mozambique $2.3 bln for power plant [FZYDQJL]
By Manoah Esipisu
JOHANNESBURG, May 10 (Reuters) - China's Export-Import Bank
(Eximbank) will invest $2.3 billion in the construction of a new
hydroelectric power plant in Mozambique, crucial to the southern
African country's plans to exploit its mineral resources,
officials said on Wednesday.
"The Mepanda Nkua dam and hydroelectric plant, on the
Zambezi river, will be built at a cost of $2.3 billion. The
government has signed a memorandum of understanding with
Eximbank on the financing arrangements," an official in Energy
Minister Salvador Namburete's office told Reuters.
"A decision on the commencement of the project is dependent
on agreeing all terms after a technical audit by the bank, and
talks with potential consumers of the electricity such as mining
companies and South Africa's power utility Eskom," the official
said by telephone from the Mozambique capital Maputo.
Mepanda Nkua power plant is expected to produce 1,300 MW and
would come on stream in 2010 or 2011, according to Energy
Ministry estimates. The facility is 70 km south of Mozambique's
main Cahorra Bassa power plant, in which Portugal is preparing
to hand over its 85 percent stake to the Mozambique government.
Mozambique was pressing for a late 2006 project start, the
official said.
He said the memorandum of understanding with Eximbank also
provided for the bank to fund the construction of the $300
million Moamba-Major dam in Maputo province, which will provide
clean drinking water for residents.
Specific funding details, such as interest rate and period
for repayment, were yet to be worked out, the official said.
BILLIONS OF DOLLARS POURED INTO AFRICA
China is pouring billions of dollars into Africa for
investment in infrastructure and commodities.
This year the Eximbank extended to $3 billion from $2
billion loans to Angola for the rehabilitation of infrastructure
ruined by three decades of civil war that ended with the
battlefield death of veteran rebel leader Jonas Savimbi in 2002.
Companies with or eyeing projects in Mozambique, such as
diversified miners BHP Billiton <BLT.L> and Brazil's Companhia
Vale Do Rio Doce <VALE5.SA><RIO.N>, say a shortage of
electricity could hamper investment.
Mozambique itself does not have enough electricity to supply
its manufacturing sector, seen as a major player in fuelling
economic growth.
President Armando Guebuza has made infrastructure
rehabilitation the key cog of his economic agenda as he strives
to convert 10 years of sustained growth in Mozambique into
better lives for a majority of his 18 million people.
Mozambique neighbour Zimbabwe already purchases some of its
power from Cahora Bassa, while growing demand from South Africa
means even with additional supply, demand will not be fully met.
"There is a genuine looming shortage of electricity in
southern Africa and Mozambique is well-placed to plug some of
the gap," said an official from Guebuza's office.
Cahora Bassa has a capacity of around 2,075 MW but produces
far below that. The government plans repairs and infrastructure
improvement to bring the plant to full capacity. It also plans
an additional plant adjacent to Cahora Bassa to generate another
850 mw of power and is in talks with various banks on the
financing model, the energy ministry official said.
Mozambique's power supply is expected to dramatically rise
in the next 5 years. Brazil's CVRD plans a 1,500 MW plant at
Moatize as part of its coal mining project there.
((Reporting by Manoah Esipisu; editing by James Jukwey;
Reuters messaging: manoah.esipisu.reuters.com@reuters.net, +2711
775 3155))
Keywords: ENERGY MOZAMBIQUE CHINA
(C) Reuters 2006. All rights reserved. Republication or redistribution of
Reuters content, including by caching, framing or similar means, is expressly
prohibited without the prior written consent of Reuters. Reuters and the Reuters
sphere logo are registered trademarks and trademarks of the Reuters group of
companies around the world.
nL1048552
10May06 09:19 GMT
Symbols:
de;BIL de;BILF de;BILS de;BILX de;CVL de;CVLF de;CVLX de;SAO fr;BIL gb;BLT
gb;SAS us;RIO za;SOL
Source RTRS Reuters News
Chico's FAS, Inc. Reports Record April Sales [FZQXYQJ]
* April Sales Up 18.6% Over April Last Year
FORT MYERS, Fla., May 4 /PRNewswire-FirstCall/ -- Chico's FAS, Inc.
(NYSE: CHS) today reported April sales results for the four-week period ended
April 29, 2006, increased 18.6% to $136.0 million from $114.7 million reported
for the prior year's four-week period ended April 30, 2005. Comparable store
sales for the Company-owned stores increased 5.4% for the four-week period
ended April 29, 2006, compared to the same four-week period last year.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030428/CHICOLOGO )
Total sales for the first quarter ended April 29, 2006, increased 19.8% to
$392 million from $327 million for the same period a year ago. Comparable
store sales for the Company-owned stores increased 6.6% for the thirteen-week
period compared to the same thirteen-week period last year.
Scott A. Edmonds, President and CEO, commented, "Although on an overall
chain-wide basis same store sales continued to be in the mid single digit
range in April and in the first quarter of fiscal 2006, largely as a result of
the performance of our WH|BM brand, we are somewhat disappointed with our
performance at the Chico's brand for these periods. While our low single
digit positive same store sales for Chico's may seem acceptable after nine
consecutive years of double digit increases, we certainly think we can do
better. We've taken a hard look at the quarter and we believe we have
identified several merchandise misses within the Chico's brand that
contributed to a performance that was below our expectations. During the
month and quarter, we probably needed more color, certain additional novelty
products, and some specially targeted offerings for our Chico's brand cold
weather stores which experienced significantly lower same store sales results
than did the warm weather stores. We think we have addressed most of these
issues going forward and thus continue to believe that the core Chico's brand
should be able to deliver a mid single digit same store sales increase for the
balance of the year."
Mr. Edmonds continued, "Although the Chico's brand same store sales were
not up to our expectations, the Chico's brand gross margin actually exceeded
our expectations and this, coupled with the strong mid 30% same store sales
performance of the WH|BM brand, means that the first quarter should be in the
range of a strong $.28 or low $.29 cents earnings per share. This range takes
into account the impact of the required expensing of our options which we
estimate will have had the effect of reducing our earnings by approximately
$.02 cents per share."
The Company is a specialty retailer of private label, sophisticated,
casual-to-dressy clothing, intimates, complementary accessories, and other
non-clothing gift items. The Company operates 796 women's specialty stores,
including stores in 47 states, the District of Columbia, the U.S. Virgin
Islands and Puerto Rico operating under the Chico's, White House | Black
Market, Soma by Chico's and Fitigues names. The Company owns 508 Chico's
front-line stores, 31 Chico's outlet stores, 205 White House | Black Market
front-line stores, 8 White House | Black Market outlet stores, 19 Soma by
Chico's stores, 11 Fitigues front-line stores and 1 Fitigues outlet store;
franchisees own and operate 13 Chico's stores.
Executive Contacts:
Charles J. Kleman
Chief Financial Officer
Chico's FAS, Inc.
(239) 274-4105
F. Michael Smith
Vice President
Investor and Community Relations
Chico's FAS, Inc.
(239) 274-4797
SOURCE Chico's FAS, Inc.
Charles J. Kleman, Chief Financial Officer, +1-239-274-4105, or F. Michael
Smith, Vice President, Investor and Community Relations, +1-239-274-4797, both
of Chico's FAS, Inc.
04May06 11:15 GMT
Symbols:
us;CHS
Source PRN PR Newswire
Denbury Resources Announces Strong First Quarter Results
DALLAS--(Business Wire)--May 2, 2006--
Denbury Resources Inc. (NYSE:DNR) ("Denbury" or the
"Company") today announced its first quarter 2006 financial and
operating results. The Company's production in the first quarter of
2006 increased 19% over first quarter 2005 production, averaging
35,454 barrels of oil equivalent per day ("BOE/d"). The combination of
high commodity prices and higher production levels resulted in
earnings for the quarter of $43.8 million, or $0.39 per common share,
as compared to earnings of $30.1 million or $0.27 per common share for
the first quarter of 2005. Included in first quarter 2006 net income
are approximately $10.9 million of pre-tax non-cash charges ($6.6
million after tax) related to mark-to-market adjustments of the value
of the Company's derivative contracts, as compared to $6.7 million
($4.6 million after tax) of similar mark-to-market charges in the
first quarter of 2005. Additionally, in the first quarter of 2006 the
Company expensed approximately $2.1 million (pre-tax) of non-cash
stock compensation charges relating to the adoption of SFAS No. 123(R)
effective January 1, 2006.
Adjusted cash flow from operations (cash flow from operations
before changes in assets and liabilities, a non-GAAP measure) for the
first quarter of 2006 was $107.8 million, a 55% increase over first
quarter 2005 adjusted cash flow from operations of $69.4 million. Net
cash flow provided by operations, the GAAP measure, totaled $102.5
million during the first quarter of 2006, as compared to $66.6 million
for the same measure during the first quarter of 2005. Adjusted cash
flow and cash flow from operations differ in that the latter measure
includes the changes in receivables, accounts payables and accrued
liabilities during the quarter. (Please see the accompanying schedules
for a reconciliation of net cash flow provided by operations, as
defined by generally accepted accounting principles (GAAP), which is
the GAAP measure, as opposed to adjusted cash flow from operations,
which is the non-GAAP measure).
Denbury Resources Inc.
Gareth Roberts, 972-673-2000
or
Phil Rykhoek, 972-673-2000
www.denbury.com
Copyright Business Wire 2006
02May06 12:30 GMT
Symbols:
de;HGJ de;HGJF de;HGJX us;DNR
Source BW Business Wire
The Middleby Corporation Reports Record First Quarter Results [FZVYPGH]
ELGIN, Ill.--(Business Wire)--May 8, 2006--
The Middleby Corporation (NASDAQ:MIDD), a leading worldwide manufacturer of restaurant and foodservice cooking
equipment, today reported record sales and earnings for the first quarter ended April 1, 2006. Net earnings for the first quarter were $8,051,000 or $0.97 per share on net sales of $96,749,000 as compared to the prior year first quarter net earnings of $6,348,000 or $0.79 per share on net sales of $74,889,000.
First Quarter Financial Highlights
-- Net sales rose 29.2% in the first quarter. The net sales
increase in the first quarter reflects the impact of the
acquisition of Alkar Holdings, Inc. ("Alkar") completed in
December 2005, which accounted for 18.3% of sales growth for
the quarter. Excluding the Alkar acquisition, sales rose 10.9%
in the first quarter, reflecting the impact of new product
sales and continued growth in restaurant chain business.
-- Gross margin increased to 36.7% for the first quarter as
compared to 36.1% in the prior year quarter. The improvement
in the gross margin rate from the prior year quarter reflects
production efficiencies associated with higher sales volumes,
higher margins on new product sales and improved margins at
Nu-Vu Foodservice Systems, reflecting the benefit of
integration efforts completed subsequent to its acquisition in
January 2005. The gross margin improvements were offset in
part by lower gross margins associated with the newly acquired
Alkar operations.
-- Operating income increased by 26.2% to $15,148,000 from
$12,003,000, reflecting the benefit of increased sales and
gross margins. Operating income for the quarter included
approximately $200,000 of costs associated with acquisition
integration initiatives pertaining to Alkar. Operating income
also included $302,000 of intangible amortization associated
with Alkar.
-- The company began expensing stock options during the first
quarter of 2006 as a result of the adoption of Statement of
Financial Accounting Standards ("SFAS") No. 123(r):
"Accounting for Stock Based Compensation", resulting in an
increase to general and administrative expenses of $240,000
and a reduction to net earnings of $169,000 or $0.02 per
share. No such expense was recorded in the first quarter of
2005.
"In the first quarter, we continued to realize sales growth,
reflecting an increase in business with restaurant chains, both
domestically and internationally, and continued market penetration of
recent product introductions," said Chairman and Chief Executive
Officer, Selim A. Bassoul. "We continue to focus heavily on the
development and introduction of new product innovations focused on
speed of cooking, energy savings, and automation. As previously
announced, we recently introduced the Middleby Marshall "WOW" conveyor
oven, which is more than 25% faster and 40% more energy efficient than
conveyor ovens we manufactured seven years ago. We are also proud to
have recently received the 2006 Kitchen Innovation Award from the
National Restaurant Association for the new Rhapsody combination
proofing and baking oven developed at Nu-Vu Foodservice Systems, which
is anticipated to be introduced in the second half of this year."
"We are delighted with the rapid integration of Nu-Vu Foodservice
Systems, which was acquired in January 2005. Mr. Bassoul continued,
"We are also very pleased with the progress made in the integration of
Alkar, a leading manufacturer of cooking equipment for the food
processing industry acquired in December 2005. During the first 90
days, we implemented restructuring initiatives which should result in
gradual improvements in profitability at this business unit during
2006. We remain excited about the prospects of this newly acquired
business."
The Middleby Corporation
Darcy Bretz, 847-429-7756
Timothy FitzGerald, 847-429-7744
Copyright Business Wire 2006
08May06 22:42 GMT
Symbols:
de;MBY de;MBYF de;MBYX us;MIDD
Source BW Business Wire
17 mile bike ride for a 42% increase from the last loop.
And I have only just crossed the mass pike.
Silicon Graphics:
This is the most confusing company story that I have seen on the markets bar none.
How is the location significant in this story ??? probably not but who knows. Is somebody partying with the revenues or making bad deals for not enough revenue ?
SGI has successes in many industries...
Case in point: http://www.sgi.com/pdfs/3253.pdf
They appear to be really busy ??? http://www.sgi.com/industries/media/production/successes.html
Your guess is as good as mine as to whats been happening here...
WWEN 17 times value in one week. Missing the good ones I am.
The political reports of roadside bombs, mousse head, etc. zarqawi, are not important in this venue and lower interest in this style of programming. I mean a slow transition away from this would be smart in my mind. The FOX channel covers it, ABC covers it , CBS covers it, NBC covers it, the Newspapers and Mags cover it so it is highly redundant for this channel to cover these reports in my mind. I can understand emergency cut ins if we absolutely have to know but the DOD, and Congressional influence is too strong a pill for this sensitive type investing and understanding markets, consumer sentiments, and what makes people feel comfortable buying. I have covered this topic with many and I am confident that I am right about this.
Oh yeah and sorry for not getting Mark Crumptons name, in the last message but the political/war/security reporting is heavy drum beating that isnt needed. I realize that that may go against the grain of traditional viewing of news but this isnt the same as the other networks. If someone is using this channel as a medium to promote US interests they could do it much better and in more subtle ways. But better to just avoid it and leave it to the other channels. I believe most people watch ( if they have time to ) for the DIFFERENCE in content from other channels.
That is not radical thinking but relevant in my honest opinion so as they say listen or avoid but if you listen it will work.
The inspiration became clear to me when I released some of the tension that builds from these reports during exercise and felt alot healthier from it and realized that power play reporting does not really belong on this channel ( or in VERY small doses ).
Just a recommend. for obviously I cannot command this.
12 mile bike ride with a new variable hills. huff huff.
that is a 71% increase from the last loop.
Thats what a leader really does.
OK guys sorry to sound like a football coach here but, the governmental reporting, the terrorist reporting, and the political reporting needs to EASE UP.
I would recommend thinning out the reporters and remove Michelle, Mike, Mr. Davis, and The other black political news reporter to lighten up the mood a bit. Way to heavy government and political...... ( The emotional and political aspects of this reporting is heavily weighting down sentiments and views towards investment ). Oh yeah and Rhondas reporting seems so far redundant. again no offense but not needed.
This will free up more time (early) for Brian Sullivan, Bob Bowden, Matt Nesto, Matt Miller. Matt Miller should be more viewed in terms of more of a leadership role, and dole out assignments perhaps, also Greg miles is a great field reporter for meeting with execs.
Carol Masser and the other gentleman that speaks with her are fine at the anchor desks but you may want to give them more bankers hours.
Everyone else is fine as is. But the segmenting and style of reporting really should be looked at. You guys have no problems getting great guests its just the content and topics should be looked at as well as the duration of each ( some more time is needed some less ). Its hard to get it right but it is clear to me that it needs work.
Its summer time so it is time to lighten up. Hey if I am wrong with this than leave it as is, but I find much of the heavy political discussion distasteful.
Every stock that I am getting into is getting bashed as soon as I get into it. I am glad I am not investing alot of money here for this is very weird behavior that I dont find to be "coincidental". People should not have access to our brokerage accounts, and for that reason I will not invest major amounts of money in any brokerage unless I am guaranteed privacy from people who can manipulate a stock.
Good call.
The UBS story, as it turns out being very driven around very rich people is not recommended, live and learn ah to be young, ( and dumb ).