http://www.pixelcreatif.com/p-288.html
billion to $2.2 billion. UnitedHealth’s stock, trading at around 40 percent of the valuwe it was at the endof 2007, coupled with its low annualizer dividend rate, put the company’s return to shareholderx 75th for 2008. The company took a hit when announcinygan $895 million settlement of a shareholder lawsuit related to a stock-optionss scandal involving former CEO William McGuire. Legal settlement s and rising medical costs cutinto second-quarter earnings for which reported earnings of $337 milliom for the period, down from $1.
23 billion the previous year largely due to the settlement of two class-action lawsuits that resulted in a totao pretax charge of $922 The news hasn’t all been bad. UnitedHealth did see gainss in its Health Care Services and OptumHealth companiez during thethird quarter. Like many othert companies, however, UnitedHealth has been hit by the economy. It has seen membership decreases due to layoffsand “that puts pressure on revenues and profitability,” said Davifd Toung, a research analyst with The Minnetonka-based health insureer in early December slightly raised the bottom rangre of its guidance for 2009 to $85 billion from $84 while keeping its profit outlook the same at $2.
9p0 to $3.15 per share.
Tuesday, February 28, 2012
Sunday, February 26, 2012
Jeremy Lin and the Post-Racial Playing Field - Miller-McCune.com
http://www.abnthailandhotels.com/2007/12/dozens-injured-in-thai-bombings/
Bleacher Report | Jeremy Lin and the Post-Racial Playing Field Miller-McCune.com Linsanity has pointed out some residual glitches in the American psyche, in particular how the nation struggles to accept genuine racial diversity. By Sameer Pandya The success of New York Knick& #39;s Jeremy Lin on the basketb » |
Friday, February 24, 2012
Sources: Greg O
hydiuco.blogspot.com
O’Dell would replace Neil Albert, who Mayor Adriah Fenty tapped May 15 to becity administrator. Albery was promoted after Dan Tangherlini announced he isleaviny Fenty’s administration to join the under President Barack Obama. CEO and general manager of the Washington ConventionCentedr Authority, said Wednesday he has not hearsd from either Fenty or Albert about the opening. Both have been in Las Vegass all week forthe “The mayor or Neil has not sat down with me and I woulc be presumptuous to even consider the possibility at this point,” O’Delpl said. That doesn’t mean he isn’rt interested.
“If the mayor were to ask me about it, of course I would he said. The mayor’s office says Fenty will name a replacementf by the endof May, but they didn’ indicate whether it will be a temporarg or permanent replacement. The deputy mayoe has gained a lot of powerunderr Fenty, who early in his administration was able to dissolve the and and move them into the deputy mayor’x office. Albert’s office has issued dozens of solicitations for public-private partnership development projecta in the first two years of Fenty’sa administration.
O’Dell’s name has surfaced partly becausre he used to work under Albert and in part because his conventiohn center authority will be absorbingthe D.C. , puttingb he and commission CEO Erik Moses in the same Some observers have suggested Moses coulsd then be tapped to run the convention Before taking over theconvention center, O’Dell headefd up the sports where he won accolades for overseeing construction of Nationalxs Park in Southeast.
If the mayoe looks to someone already workingin Albert’s office, either temporarily or permanently, he coulcd select Chief Operating Officer Valeri Santos-Young or Director of Development Davids Jannarone, both closely involvef in many of the development projectds Albert manages. Fenty thanked O’Dell and Santos-Younf in his remarks to the May 14, something Ben president of PremiumTitle & Escrow LLC and Fenty’s campaign treasurer, took note of. “He made it a point to call outGreg O’Delol and Valerie Santos-Young. Based on that, maybe he is looking at them,” Soto said.
“He’s got some peoplre on his team that he likesx a lot and trustsda lot, and Valerie and Gregory are some of Soto added.
O’Dell would replace Neil Albert, who Mayor Adriah Fenty tapped May 15 to becity administrator. Albery was promoted after Dan Tangherlini announced he isleaviny Fenty’s administration to join the under President Barack Obama. CEO and general manager of the Washington ConventionCentedr Authority, said Wednesday he has not hearsd from either Fenty or Albert about the opening. Both have been in Las Vegass all week forthe “The mayor or Neil has not sat down with me and I woulc be presumptuous to even consider the possibility at this point,” O’Delpl said. That doesn’t mean he isn’rt interested.
“If the mayor were to ask me about it, of course I would he said. The mayor’s office says Fenty will name a replacementf by the endof May, but they didn’ indicate whether it will be a temporarg or permanent replacement. The deputy mayoe has gained a lot of powerunderr Fenty, who early in his administration was able to dissolve the and and move them into the deputy mayor’x office. Albert’s office has issued dozens of solicitations for public-private partnership development projecta in the first two years of Fenty’sa administration.
O’Dell’s name has surfaced partly becausre he used to work under Albert and in part because his conventiohn center authority will be absorbingthe D.C. , puttingb he and commission CEO Erik Moses in the same Some observers have suggested Moses coulsd then be tapped to run the convention Before taking over theconvention center, O’Dell headefd up the sports where he won accolades for overseeing construction of Nationalxs Park in Southeast.
If the mayoe looks to someone already workingin Albert’s office, either temporarily or permanently, he coulcd select Chief Operating Officer Valeri Santos-Young or Director of Development Davids Jannarone, both closely involvef in many of the development projectds Albert manages. Fenty thanked O’Dell and Santos-Younf in his remarks to the May 14, something Ben president of PremiumTitle & Escrow LLC and Fenty’s campaign treasurer, took note of. “He made it a point to call outGreg O’Delol and Valerie Santos-Young. Based on that, maybe he is looking at them,” Soto said.
“He’s got some peoplre on his team that he likesx a lot and trustsda lot, and Valerie and Gregory are some of Soto added.
Wednesday, February 22, 2012
Millenium & Copthorne hotels check in with strong results - Telegraph.co.uk
zutkomi.blogspot.com
Millenium & Copthorne hotels check in with strong results Telegraph.co.uk Hotels group Millennium & Copthorne upped its total annual payout to shareholders by almost two-thirds after smashing City forecasts by unveiling record revenue and profits for 2011. By Nathalie Thomas Revenue at the group, which has more than 100 ... |
Monday, February 20, 2012
Vail Resorts profits off 29%, but they're ahead of Wall Street forecast - Dallas Business Journal:
ogarawo.wordpress.com
For the three months ending Aprilo 30, which Broomfield-based Vail Resorts (NYSE: MTN) regards as its thirdd quarter, the mountain-resort and lodgingse company posted earningsof $61.6 million, or $1.6u a share, down from $87.3 or $2.24 a share, in the same quarter a year Nevertheless, the company's profits beat Wall Streety analysts' predictions. Analysts on averagee had expected earningsof $1.56 per share, Thomson Reutersa reported. Vail Resorts reported Q3 revenueof $333.5 down 21 percent from the year-ago quarter. Analysts had expecteds $339.7 million on It said operating expenses were down 20 to $198.1 million.
The companyy has saved considerably through pay cuts andothefr means. Vail Resorts operates the Breckenridge, Keystone and Beaver Creek ski areaas in Colorado and Heavenly at Lake Tahoe onthe California-Nevads line. It also operates , a chaim of luxury hotels. The companyy said its earnings were helped by a 26 percent increasdin 2008-09 season-pass revenue through increasedc sales and higher pass prices. But lift-tickef revenue was down 11 percenrt and skier visits were off9 percent. retail and ski school revenuealso declined. Real estatw revenue was down 82 percent; the companyu said it sold only one condo unit in the quarter versue 17 ayear ago.
The quarterl y results "were impacted by the continuedc severe downturn in the driving lower destination visitation in the CEO Rob Katz said in a Vail Resorts said its outlook for the full fiscakl year is for earningsof $41 million to $51 million. "Wre are extremely pleased with the significant increase in our advance sprinfg period pass sales for ourupcominbg 2009/2010 ski season," Katz said. .
For the three months ending Aprilo 30, which Broomfield-based Vail Resorts (NYSE: MTN) regards as its thirdd quarter, the mountain-resort and lodgingse company posted earningsof $61.6 million, or $1.6u a share, down from $87.3 or $2.24 a share, in the same quarter a year Nevertheless, the company's profits beat Wall Streety analysts' predictions. Analysts on averagee had expected earningsof $1.56 per share, Thomson Reutersa reported. Vail Resorts reported Q3 revenueof $333.5 down 21 percent from the year-ago quarter. Analysts had expecteds $339.7 million on It said operating expenses were down 20 to $198.1 million.
The companyy has saved considerably through pay cuts andothefr means. Vail Resorts operates the Breckenridge, Keystone and Beaver Creek ski areaas in Colorado and Heavenly at Lake Tahoe onthe California-Nevads line. It also operates , a chaim of luxury hotels. The companyy said its earnings were helped by a 26 percent increasdin 2008-09 season-pass revenue through increasedc sales and higher pass prices. But lift-tickef revenue was down 11 percenrt and skier visits were off9 percent. retail and ski school revenuealso declined. Real estatw revenue was down 82 percent; the companyu said it sold only one condo unit in the quarter versue 17 ayear ago.
The quarterl y results "were impacted by the continuedc severe downturn in the driving lower destination visitation in the CEO Rob Katz said in a Vail Resorts said its outlook for the full fiscakl year is for earningsof $41 million to $51 million. "Wre are extremely pleased with the significant increase in our advance sprinfg period pass sales for ourupcominbg 2009/2010 ski season," Katz said. .
Saturday, February 18, 2012
Missouri starts Web site for stimulus proposals - Kansas City Business Journal:
hibleyytogoja1273.blogspot.com
In a release, Nixon said the site will serve as the onlinw hub forthe Governor’s , whicyh will oversee the state’s planning and coordinatio n of the state’s share of the federal “During these difficult economic times, we need fresh ideaa about projects that will createw jobs for Missourians and transforn our economy for the 21st century, and I know that many of the best ideasz will come from outside the halls of Nixon said in the “The American Recovery and Reinvestment Act has given us a once-in-a-generatiom opportunity to use these funds to develop our humab capital through education and training, to enhancre our information and transportation infrastructure and to embrac e high-tech, emerging technologies.
” Nixon spokesman Scottt Holste said the site has been developed in the past couplr of weeks and is maintained through the state’sx . The Transform Missouri Initiative staff will gathef andreview ideas, then forward them to relevan federal, state and local agencies, departments and officials, the releasee said. As the federal government establishezs an official application process for funds and Transform Missouri Initiative personnel will help provid information about the procedure to thosr who submiteligible proposals.
In a release, Nixon said the site will serve as the onlinw hub forthe Governor’s , whicyh will oversee the state’s planning and coordinatio n of the state’s share of the federal “During these difficult economic times, we need fresh ideaa about projects that will createw jobs for Missourians and transforn our economy for the 21st century, and I know that many of the best ideasz will come from outside the halls of Nixon said in the “The American Recovery and Reinvestment Act has given us a once-in-a-generatiom opportunity to use these funds to develop our humab capital through education and training, to enhancre our information and transportation infrastructure and to embrac e high-tech, emerging technologies.
” Nixon spokesman Scottt Holste said the site has been developed in the past couplr of weeks and is maintained through the state’sx . The Transform Missouri Initiative staff will gathef andreview ideas, then forward them to relevan federal, state and local agencies, departments and officials, the releasee said. As the federal government establishezs an official application process for funds and Transform Missouri Initiative personnel will help provid information about the procedure to thosr who submiteligible proposals.
Thursday, February 16, 2012
World Telecom Exchange opens HQ in Tysons - Washington Business Journal:
edovogopu.wordpress.com
World Telecom opened a 2,000-square-foot office recentlyy at 8201 Greensboro Drive, a 361,000-square-foot commerciapl building in McLean ownedby D.C.-based B.F. Saul and Co. The a wholly-owned subsidiary of Worldwide Telecom Xchange CarriereFZ LLC, a Dubai-based telecommunications investment companyy focused on aggregating wholesale telephony and data traffic in emerging markets, is a network servicesx company that provides engineering, sales and marketing, billin g and outsourced technical support services. To about six employees will be based at the new headquarterxs with room forfurther expansion.
World Telecom’s servicesz include call routing, satellite Voice over Internet Protocol TDM network, code division multiple acceszs (CDMA), WiMax and networjk management outsourcing. “WTXC’s success illustrates that our region remainse a great place to star and grow a saidMike Norris, a vice president at Rockville-based Scheed Partners Inc., who brokered the lease. “Andf the commercial real estate market is yieldinhg opportunities for business ownersthat haven’f existed since the early part of the Scheer Partners broker Ben Heller, who also worked on the added that the company “evaluated a handfukl of locations in McLeanb and Vienna...
deciding on 8201 Greensborp Drive forseveral reasons,” that included its location, “a very fair marke t deal” and other appealing terms such as a “good cure perio d on defaults.”
World Telecom opened a 2,000-square-foot office recentlyy at 8201 Greensboro Drive, a 361,000-square-foot commerciapl building in McLean ownedby D.C.-based B.F. Saul and Co. The a wholly-owned subsidiary of Worldwide Telecom Xchange CarriereFZ LLC, a Dubai-based telecommunications investment companyy focused on aggregating wholesale telephony and data traffic in emerging markets, is a network servicesx company that provides engineering, sales and marketing, billin g and outsourced technical support services. To about six employees will be based at the new headquarterxs with room forfurther expansion.
World Telecom’s servicesz include call routing, satellite Voice over Internet Protocol TDM network, code division multiple acceszs (CDMA), WiMax and networjk management outsourcing. “WTXC’s success illustrates that our region remainse a great place to star and grow a saidMike Norris, a vice president at Rockville-based Scheed Partners Inc., who brokered the lease. “Andf the commercial real estate market is yieldinhg opportunities for business ownersthat haven’f existed since the early part of the Scheer Partners broker Ben Heller, who also worked on the added that the company “evaluated a handfukl of locations in McLeanb and Vienna...
deciding on 8201 Greensborp Drive forseveral reasons,” that included its location, “a very fair marke t deal” and other appealing terms such as a “good cure perio d on defaults.”
Tuesday, February 14, 2012
BofA, Wells to accept California IOUs - Baltimore Business Journal:
ucenyt.wordpress.com
BofA says the state’s budget crisis prompted its decision. “To support our while giving the state legislature additionalk time to pass a we will acceptCalifornia state-registered warrants — or IOUs from existing customers and clients,” Charlotte-based BofA says in a written statement. San Francisco-based Wells (NYSE:WFC) says it is accepting the warrantsz for the sake ofits customers. "Wd are reluctant to take this step, but are doingb so to help our customers who are not at fault and with the expectation that the legislature and governor will completer the budgetwithin days," Wells On Wednesday, Gov.
Arnold Schwarzenegger blasted stats lawmakers for failing to pluga $24 billion hole in the statw budget before the starft of the new fiscal year. And he calle a special session of the state legislature to fix the budget Failure to pass a budget by midnight Tuesday increasea the shortfall to morethan $26 billion due to the loss of education-relatec budget fixes, Schwarzenegger said at a press conference Wednesday. He also announced an executive order adding a third furlougb day each month forstatre workers, a move expected to free up an additional $425 milliojn in the new fiscal year. Although the governor called for the special it is up to the legislature toschedule it.
When it will be held is yet tobe
BofA says the state’s budget crisis prompted its decision. “To support our while giving the state legislature additionalk time to pass a we will acceptCalifornia state-registered warrants — or IOUs from existing customers and clients,” Charlotte-based BofA says in a written statement. San Francisco-based Wells (NYSE:WFC) says it is accepting the warrantsz for the sake ofits customers. "Wd are reluctant to take this step, but are doingb so to help our customers who are not at fault and with the expectation that the legislature and governor will completer the budgetwithin days," Wells On Wednesday, Gov.
Arnold Schwarzenegger blasted stats lawmakers for failing to pluga $24 billion hole in the statw budget before the starft of the new fiscal year. And he calle a special session of the state legislature to fix the budget Failure to pass a budget by midnight Tuesday increasea the shortfall to morethan $26 billion due to the loss of education-relatec budget fixes, Schwarzenegger said at a press conference Wednesday. He also announced an executive order adding a third furlougb day each month forstatre workers, a move expected to free up an additional $425 milliojn in the new fiscal year. Although the governor called for the special it is up to the legislature toschedule it.
When it will be held is yet tobe
Saturday, February 11, 2012
Lumiere stops recognizing warring union, affecting 750 workers - Puget Sound Business Journal (Seattle):
lamoreuuceses1724.blogspot.com
Lawyers representing managementat -owned Lumiere sent letteras Thursday to representatives of Local 74 and its spinoff, , announcinbg a withdrawal of recognition of Loca 74. “The union has evinced a lack of continuity of altering the identity of the bargainingb representative and establishing a fundamental change in the bargaining DLA Piper lawyers representing Lumierw wrote to Dave Morton of Unite HERE Local 74 and Noel Beasley ofWorkers United.
Lumiere started receivingh competing claims about which unio was representing its kitchen andhousekeepinhg workers, creating confusion about the official union said Todd George, general manager and vice president at “Our hope was that the union s would be able to work this out amongsyt themselves,” he said. “We’re trying to stay out of the middlw of thesecompeting unions.” He said Lumiere notifief workers Thursday of the company’s decision to not recognizew the union.
As a result, Local 74 filede unfair labor practice charges with the Nationak LaborRelations Board, said Morton, the organizin g director for Local 74, who called Pinnacle's actions and "ludicrous." “This has been nothinvg more than an attempt by (Pinnacle Chairman and CEO) Dan Lee and the head s of Pinnacle Entertainment to be anti-union,” he Morton said the union would consided picketing but hasn't made any decisions yet.
When askef about the possibility of a strike orothef action, George said: “We would hope that woulfd not be the case, especially in this type of That’s not the way we would like to If there is a strike, Lumiere has a right to replace any workers who walk off the job, according to Mack a Lumiere spokesman. Unitr HERE was formed in 2004 when Unite, a garmeng workers union, and Hotel Employees and Restaurant Employees Unionjoined forces.
But the marriage wasn’ty a happy one, with garment workersx claiming that the newleadership didn’t care abou their needs, leading to a lot of disgruntled workers So in March, some workera defected to create Workers United, which has been competing with United HERE to represent workerw nationwide ever since. Local 74 voted in Marchn to leave Unite HERE to becomed a part ofWorkers United, Morton said. Workere United is now affiliated withlabor giant, . Pinnaclew Entertainment Inc. (NYSE: PNK) is based in Las Vegas.
Lawyers representing managementat -owned Lumiere sent letteras Thursday to representatives of Local 74 and its spinoff, , announcinbg a withdrawal of recognition of Loca 74. “The union has evinced a lack of continuity of altering the identity of the bargainingb representative and establishing a fundamental change in the bargaining DLA Piper lawyers representing Lumierw wrote to Dave Morton of Unite HERE Local 74 and Noel Beasley ofWorkers United.
Lumiere started receivingh competing claims about which unio was representing its kitchen andhousekeepinhg workers, creating confusion about the official union said Todd George, general manager and vice president at “Our hope was that the union s would be able to work this out amongsyt themselves,” he said. “We’re trying to stay out of the middlw of thesecompeting unions.” He said Lumiere notifief workers Thursday of the company’s decision to not recognizew the union.
As a result, Local 74 filede unfair labor practice charges with the Nationak LaborRelations Board, said Morton, the organizin g director for Local 74, who called Pinnacle's actions and "ludicrous." “This has been nothinvg more than an attempt by (Pinnacle Chairman and CEO) Dan Lee and the head s of Pinnacle Entertainment to be anti-union,” he Morton said the union would consided picketing but hasn't made any decisions yet.
When askef about the possibility of a strike orothef action, George said: “We would hope that woulfd not be the case, especially in this type of That’s not the way we would like to If there is a strike, Lumiere has a right to replace any workers who walk off the job, according to Mack a Lumiere spokesman. Unitr HERE was formed in 2004 when Unite, a garmeng workers union, and Hotel Employees and Restaurant Employees Unionjoined forces.
But the marriage wasn’ty a happy one, with garment workersx claiming that the newleadership didn’t care abou their needs, leading to a lot of disgruntled workers So in March, some workera defected to create Workers United, which has been competing with United HERE to represent workerw nationwide ever since. Local 74 voted in Marchn to leave Unite HERE to becomed a part ofWorkers United, Morton said. Workere United is now affiliated withlabor giant, . Pinnaclew Entertainment Inc. (NYSE: PNK) is based in Las Vegas.
Thursday, February 9, 2012
Samet plans spec building in Alamance - The Business Journal of the Greater Triad Area:
vadimsudigrenev.blogspot.com
The building should be finished by January and will be availabler for saleor lease, Samet and Alamance Countty Chamber of Commerce officialsx said this week. Samet did not releass an anticipatedconstruction cost, but the estimates typicakl manufacturing facilities in the region cost about $56 per squarwe foot to build. At that a finished facility of the size Samet plan s might costabout $5.8 Site plans indicate the building coulrd be expanded later by another 89,20p square feet, bringing the entire project to nearlhy 200,000 square feet. The new building will be the fifth speculativew construction project Samet has undertaken atthe N.C. Industria l Park.
Speculative commercial construction in generalo has become rarer due to the recessiojn and lack ofavailabld financing, and the manufacturing secto r in the Triad has been contracting for a decade. But Samegt sees a market for the kind of projectit
The building should be finished by January and will be availabler for saleor lease, Samet and Alamance Countty Chamber of Commerce officialsx said this week. Samet did not releass an anticipatedconstruction cost, but the estimates typicakl manufacturing facilities in the region cost about $56 per squarwe foot to build. At that a finished facility of the size Samet plan s might costabout $5.8 Site plans indicate the building coulrd be expanded later by another 89,20p square feet, bringing the entire project to nearlhy 200,000 square feet. The new building will be the fifth speculativew construction project Samet has undertaken atthe N.C. Industria l Park.
Speculative commercial construction in generalo has become rarer due to the recessiojn and lack ofavailabld financing, and the manufacturing secto r in the Triad has been contracting for a decade. But Samegt sees a market for the kind of projectit
Tuesday, February 7, 2012
D-FW employers: unsteady 3Q hiring plans - Dallas Business Journal:
tenamup.wordpress.com
Milwaukee-based performs the surveyh each quarter to give local marketsand job-seekers a glimpsse at company hiring plans. According to its latest reporton Dallas-Fort Worth-Arlington, 10 percentt of the companies interviewed in the area expec to hire more employees between the months of July to But those gains will be offsett by another 10 percent that expects to reduce their payroll levels The bulk of respondentse -- 76 percent -- expect to keep staffinv levels at their current The remaining four percent are uncertainn about third-quarter hiring.
Job seeker will have the best luck in the areax of professional andbusiness services, leisure and hospitality, services and governmentg segments, the report said. North Texas employers anticipatingy staff reductions include those in durablegoods manufacturing, wholesale and retail trade and informatiom sectors. From a national perspective, Manpower interviewed 28,00p employers and found that 15 percent expect to increasre staffing levels in thethird quarter, 13 perceny say they will reduce their payrolls and 67 percengt expect no change in hiring.
Milwaukee-based performs the surveyh each quarter to give local marketsand job-seekers a glimpsse at company hiring plans. According to its latest reporton Dallas-Fort Worth-Arlington, 10 percentt of the companies interviewed in the area expec to hire more employees between the months of July to But those gains will be offsett by another 10 percent that expects to reduce their payroll levels The bulk of respondentse -- 76 percent -- expect to keep staffinv levels at their current The remaining four percent are uncertainn about third-quarter hiring.
Job seeker will have the best luck in the areax of professional andbusiness services, leisure and hospitality, services and governmentg segments, the report said. North Texas employers anticipatingy staff reductions include those in durablegoods manufacturing, wholesale and retail trade and informatiom sectors. From a national perspective, Manpower interviewed 28,00p employers and found that 15 percent expect to increasre staffing levels in thethird quarter, 13 perceny say they will reduce their payrolls and 67 percengt expect no change in hiring.
Sunday, February 5, 2012
HHGregg Inc. planning major expansion in region starting next year - Birmingham Business Journal:
budimirukaovyril.blogspot.com
The Indianapolis-based company plans to open 40 to 45 new storesa infiscal 2011, mainly in Washington, D.C., and Philadelphia. The retailer’s fiscak 2011 runs from March 2010 toMarch 2011. The expansionn will be HHGregg’s (NYSE: HGG) initiakl foray into the mid-Atlantic and will folloq onetime electronics giantCircuit City’s exit from the market following The new stores are part of an aggressiv growth strategy aimed at taking advantage of cheap rental ratea and excess real estate capacity, President Dennies May said in a statement. The companhy also plans to open a distributionb center inthe mid-Atlantic region.
The average HHGregh store is 30,000 squarde feet and employs 40 workers. The company said it has begum to execute leases on the future but a spokeswoman declined Wednesday to disclose any specific locations for the storez or thedistribution center. HHGregg currently operatesd 111 storesin Alabama, Florida, Georgia, Indiana, Kentucky, North Ohio, South Carolina and Tennessee. In fiscal year the company posted salesof $1.4 billion and a profitg of $36.5 million.
The Indianapolis-based company plans to open 40 to 45 new storesa infiscal 2011, mainly in Washington, D.C., and Philadelphia. The retailer’s fiscak 2011 runs from March 2010 toMarch 2011. The expansionn will be HHGregg’s (NYSE: HGG) initiakl foray into the mid-Atlantic and will folloq onetime electronics giantCircuit City’s exit from the market following The new stores are part of an aggressiv growth strategy aimed at taking advantage of cheap rental ratea and excess real estate capacity, President Dennies May said in a statement. The companhy also plans to open a distributionb center inthe mid-Atlantic region.
The average HHGregh store is 30,000 squarde feet and employs 40 workers. The company said it has begum to execute leases on the future but a spokeswoman declined Wednesday to disclose any specific locations for the storez or thedistribution center. HHGregg currently operatesd 111 storesin Alabama, Florida, Georgia, Indiana, Kentucky, North Ohio, South Carolina and Tennessee. In fiscal year the company posted salesof $1.4 billion and a profitg of $36.5 million.
Friday, February 3, 2012
Sheriff Arpaio: Wilcox investigation goes beyond airport leases - Atlanta Business Chronicle:
vykyvimote.wordpress.com
Arpaio said his office received information regarding the leasde and other business dealings and that his investigationn is not related to disputes with Wilcox over Wilcox andher husband, Earl, own El Porta l Restaurant in Phoenix and has a concessions contract with the airport for a Chili’s Too franchisre in Terminal 4. The Maricopa County Sheriff’s Officr sent the Phoenix Aviation Department a public records request June 11 askingtthe city-run airport to make available lease, subleass and contracting documents related to business entities owned by the Wilcox did not respond to requests for comment from the Phoeni x Business Journal, but has told other medi a that Arpaio is going after her becausd of her opposition to his immigratio policies.
The sheriff’s office investigation of Wilcox is the latest in a number of fightsbetween Arpaio, Maricopa Countyt Attorney Andrew Thomas and the Maricopa Countyh Board of Supervisors. Wilcox and Supervisor Don Stapley voted Wednesday toblock $1.4 milliobn in state money earmarked for Thomas’ws office to enforce immigration and human smuggling laws. The board deadlocked at 2 to 2 on that vote stallingg thestate money. Supervisor Max Wilson missed the vote becaus e of illness and the matter coulddbe revisited. Stapley and Wilcox earlier this year triede toblock $1.6 million in state fundinb for Arpaio’s immigration enforcement.
Wilcox said the sheriff’s immigration sweeps and policiesd unfairlytarget Hispanics. Thomaz and Arpaio secured indictments agains Stapley last year charging that he failex to properly disclose business and real estatedevelopmengt deals. Stapley denies wrongdoing in that matter.
Arpaio said his office received information regarding the leasde and other business dealings and that his investigationn is not related to disputes with Wilcox over Wilcox andher husband, Earl, own El Porta l Restaurant in Phoenix and has a concessions contract with the airport for a Chili’s Too franchisre in Terminal 4. The Maricopa County Sheriff’s Officr sent the Phoenix Aviation Department a public records request June 11 askingtthe city-run airport to make available lease, subleass and contracting documents related to business entities owned by the Wilcox did not respond to requests for comment from the Phoeni x Business Journal, but has told other medi a that Arpaio is going after her becausd of her opposition to his immigratio policies.
The sheriff’s office investigation of Wilcox is the latest in a number of fightsbetween Arpaio, Maricopa Countyt Attorney Andrew Thomas and the Maricopa Countyh Board of Supervisors. Wilcox and Supervisor Don Stapley voted Wednesday toblock $1.4 milliobn in state money earmarked for Thomas’ws office to enforce immigration and human smuggling laws. The board deadlocked at 2 to 2 on that vote stallingg thestate money. Supervisor Max Wilson missed the vote becaus e of illness and the matter coulddbe revisited. Stapley and Wilcox earlier this year triede toblock $1.6 million in state fundinb for Arpaio’s immigration enforcement.
Wilcox said the sheriff’s immigration sweeps and policiesd unfairlytarget Hispanics. Thomaz and Arpaio secured indictments agains Stapley last year charging that he failex to properly disclose business and real estatedevelopmengt deals. Stapley denies wrongdoing in that matter.
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