Dex One Posts Strong Second Quarter EBITDA and Free Cash Flow MarketWatch (press release) CARY, NC, Jul 28, 2011 (BUSINESS WIRE) -- Dex One Corporation /quotes/zigman/1538502/quotes/nls/dexo DEXO -5.58% today announced its second quarter 2011 results, highlighted by strong EBITDA and free cash flow, the introduction of new digital solutions ... Dex One Posts Strong Second Quarter EBITDA and Free Cash Flow |
Thursday, July 28, 2011
Dex One Posts Strong Second Quarter EBITDA and Free Cash Flow - MarketWatch (press release)
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Tuesday, July 26, 2011
Nine die, thousands flee Philippines storm - Herald Sun
http://breakershotel.com/banquets-menu-holiday.html
Nine die, thousands flee Philippines storm Herald Sun NINE people were killed and 25 went missing as a tropical storm struck the Philippines, causing floods and landslides that forced tens of thousands to flee their homes. Tropical storm Nock-ten brought unusually heavy rains to the Pacific coast as the ... |
Saturday, July 23, 2011
Chiswell Green dance school spans the generations - Herts Advertiser
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Herts Advertiser | Chiswell Green dance school spans the generations Herts Advertiser Dance Unlimited students with principal Andie Baron-Tait and her niece Anne-Lise Froy who now teaches for her. Jan Gilmore photography A NEW generation of pupils have followed in the footsteps of their mums and joined the same dance school. ... |
Thursday, July 21, 2011
Study highlights state
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For starters, Oregon became just the seventh state to host morethan 1,00 0 megawatts of electric The state, as of the end of 2008, has 1,067y megawatts of installed A single megawatt of wind can powet up to 1,000 homes. Portland-area companiesa also rank high. Iberdrola Renewables, the Portland-baser North American arm of Spanisyh energygiant , has the second most wind energy capacityy under management in the U.S. Its 2,063 megawatts fell far behins Florida-based NextEra Energy Resource’s 6,290 Meanwhile, Houston-based Horizon Wind Energy which maintains significant operations inPortland — is fourth with 1,872 megawatts of electric capacity.
Of the electricx utilities, , the parent companuy of Portland-based , ranked second with 2,282 megawattws across all its utilities. Electric Co.’x 225 total megawatts placer it 13thamong investor-owned utilities. On the manufacturinhg side of the Dutch-based turbine-maker Vestas A/S, which has a North American headquartersin Portland, has the second-highes t U.S. market share, with 569 turbines and 1,120 megawatts of capacity. A newcomer into the U.S. marketg was Germany-based , which also has a U.S. headquarters in It ranked ninth with 102 megawatts from 501 will house a new regionao center created to combat infectious diseases that threatenhuma health.
OHSU, together with the University of Washington, is launchingy the and Emerging Infectious a five-year, $40.7 million undertaking in partnershi with the . It is one of 11 federallh funded centers acrossthe nation. Jay Ph.D., of OHSU’s vaccine and gene therapy institute, will direct the new together withMichael Katze, a professor of microbiology at UW. The centeer will tackle any infectious disease that poses a threat tohumah health, including influenza, West Nile Virus and SARS. The city of Portlancd is launching its first Carbon Footprin Workshop series to help businesses learn how to offsetheir emissions.
The three-part series is offered to participants inthe city’s BEST Businesxs Center, which works with businesses to help them becomd more environmentally sustainable. The city and its sustainability partneres invitedCarbon Smart, an environmental firm from B.C., to lead the series after it realized locall businesses are interested in their carbonm footprints, but need more information abourt the issue. Participants will learn what information they need to calculate their carbomn impact and will developp strategies forreducing it. Carbon Smart reports it has workerd with more than 100 firms in Canada and has helper them shave tens of thousandes of dollars from theirpower bills.
The class meetds April 30, June 3 and June 16. Workshopp fees range from $200 to $500, depending on the size of the BEST’s Marlowe Kulley notes the fee is a lot cheapeer than hiringa consultant. Participating businesses will recoupo theirmoney quickly, she
For starters, Oregon became just the seventh state to host morethan 1,00 0 megawatts of electric The state, as of the end of 2008, has 1,067y megawatts of installed A single megawatt of wind can powet up to 1,000 homes. Portland-area companiesa also rank high. Iberdrola Renewables, the Portland-baser North American arm of Spanisyh energygiant , has the second most wind energy capacityy under management in the U.S. Its 2,063 megawatts fell far behins Florida-based NextEra Energy Resource’s 6,290 Meanwhile, Houston-based Horizon Wind Energy which maintains significant operations inPortland — is fourth with 1,872 megawatts of electric capacity.
Of the electricx utilities, , the parent companuy of Portland-based , ranked second with 2,282 megawattws across all its utilities. Electric Co.’x 225 total megawatts placer it 13thamong investor-owned utilities. On the manufacturinhg side of the Dutch-based turbine-maker Vestas A/S, which has a North American headquartersin Portland, has the second-highes t U.S. market share, with 569 turbines and 1,120 megawatts of capacity. A newcomer into the U.S. marketg was Germany-based , which also has a U.S. headquarters in It ranked ninth with 102 megawatts from 501 will house a new regionao center created to combat infectious diseases that threatenhuma health.
OHSU, together with the University of Washington, is launchingy the and Emerging Infectious a five-year, $40.7 million undertaking in partnershi with the . It is one of 11 federallh funded centers acrossthe nation. Jay Ph.D., of OHSU’s vaccine and gene therapy institute, will direct the new together withMichael Katze, a professor of microbiology at UW. The centeer will tackle any infectious disease that poses a threat tohumah health, including influenza, West Nile Virus and SARS. The city of Portlancd is launching its first Carbon Footprin Workshop series to help businesses learn how to offsetheir emissions.
The three-part series is offered to participants inthe city’s BEST Businesxs Center, which works with businesses to help them becomd more environmentally sustainable. The city and its sustainability partneres invitedCarbon Smart, an environmental firm from B.C., to lead the series after it realized locall businesses are interested in their carbonm footprints, but need more information abourt the issue. Participants will learn what information they need to calculate their carbomn impact and will developp strategies forreducing it. Carbon Smart reports it has workerd with more than 100 firms in Canada and has helper them shave tens of thousandes of dollars from theirpower bills.
The class meetds April 30, June 3 and June 16. Workshopp fees range from $200 to $500, depending on the size of the BEST’s Marlowe Kulley notes the fee is a lot cheapeer than hiringa consultant. Participating businesses will recoupo theirmoney quickly, she
Tuesday, July 19, 2011
Stifel profit falls - St. Louis Business Journal:
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million from $14.3 million in last year’s quarter. For the quarter ended March 31, 2009, the financial services compangy said its revenue grew about 4 percent tonearly $220 million from $211.5 million in the prior year’s quarter. "Our quarterd over quarter results were diminisherd particularly for our Private Client Group and Equity CapitalMarkets segments, as a resultg of the continued industry-wide difficult market conditionss for corporate investment banking and reduced valuationzs of customers’ assets offset by excellenft performances by our Fixed Income Capitak Markets and Stifel Bank segments,” Ronald Stifel Financial’s chairman and CEO, said in a statement.
Overheaf costs increased as the compang took advantage of hiring opportunitieas that resulted frommarket displacements, he said, hirin 363 financial advisers and opening 55 branches sincw the beginning of 2008. The company also added 134 investmentr bankers, traders, institutional sales staff and mortgage bankerzsin revenue-producing posts, along with 300 branch and home office supporrt staff. In the firstt quarter, Stifel Financial’s noninterest expenses, which include employee compensation and benefitd andoffice expenses, rose 5 percent from last year’s quarter to $197.8 million.
Separately, the companyy that it would buy a totapl of 55 branches from the UBS Wealtbh ManagementAmericas network. Stifel had announced that it woulds buy up to 55 of the branchexsfrom . St. Louis-based Stifel Financial Corp. SF) is a financial services holding Stifel’s principal subsidiary is , a retail and institutional brokerage and investmenttbanking firm. It also operatew Stifel Bank & Trust. Stifel has about 3,300 employees in more than 200 offices inthe U.S. and thre in Europe.
million from $14.3 million in last year’s quarter. For the quarter ended March 31, 2009, the financial services compangy said its revenue grew about 4 percent tonearly $220 million from $211.5 million in the prior year’s quarter. "Our quarterd over quarter results were diminisherd particularly for our Private Client Group and Equity CapitalMarkets segments, as a resultg of the continued industry-wide difficult market conditionss for corporate investment banking and reduced valuationzs of customers’ assets offset by excellenft performances by our Fixed Income Capitak Markets and Stifel Bank segments,” Ronald Stifel Financial’s chairman and CEO, said in a statement.
Overheaf costs increased as the compang took advantage of hiring opportunitieas that resulted frommarket displacements, he said, hirin 363 financial advisers and opening 55 branches sincw the beginning of 2008. The company also added 134 investmentr bankers, traders, institutional sales staff and mortgage bankerzsin revenue-producing posts, along with 300 branch and home office supporrt staff. In the firstt quarter, Stifel Financial’s noninterest expenses, which include employee compensation and benefitd andoffice expenses, rose 5 percent from last year’s quarter to $197.8 million.
Separately, the companyy that it would buy a totapl of 55 branches from the UBS Wealtbh ManagementAmericas network. Stifel had announced that it woulds buy up to 55 of the branchexsfrom . St. Louis-based Stifel Financial Corp. SF) is a financial services holding Stifel’s principal subsidiary is , a retail and institutional brokerage and investmenttbanking firm. It also operatew Stifel Bank & Trust. Stifel has about 3,300 employees in more than 200 offices inthe U.S. and thre in Europe.
Sunday, July 17, 2011
Lewis: Feds pressured BofA on Merrill - The Business Journal of the Greater Triad Area:
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But some lawmakers questioned how much of the pressure was actually made by Lewie in an attempt to secure more taxpayert aid forhis bank. “Thde Treasury Department provided $20 billion for a shotgujn wedding. But the question is, who was holdinhg the shotgun?” Rep. Edolphus Towns (D-Newa York) said during the The hearing, conducted by the Housed Committee on Oversight and Government was focused onfederal officials’ role in BofA’s purchas of Merrill Lynch. Charlotte-based BofA bought Merrill on Jan. 1 for $29.1 billion. The deal resultecd in BofA’s receiving an additional $20 billion in federak funds under the Troubled AssetRelief Program.
BofA has received a totalp of $45 billion in TARP funds. Lewis has been undere intense pressure from BofA shareholders for not disclosing the depthhof Merrill’s financial difficulties before the Merrill lost $15.3 billio n in the fourth quarter. Lawmakers questioned Lewis on reportsw that he felt pressured byfederal authorities, including Federal Reserve Chairmahn Ben Bernanke and former Treasury Secretary Henruy Paulson, to go ahead with the deal in December as Merrill’s losses Lewis testified that BofA contacted officials at the U.S. Treasury and Federalo Reserve in mid-December to infor them that thebank “haxd serious concerns about closing the transaction.
” he said, was considerinhg declaring a “material adverses change,” which can allow an acquirer to back out of a proposexd deal. Lewis testified that Paulson toldhim BofA’sa management “would or could” be removed if the bank backed out of the When lawmakers pressed him Thursday on the alleged threatss by regulators, Lewis said both parties were concernedx about making the best decisions for the healtb of the U.S. economy and He explained that a decision that would harm the economy would also harm BofA becaus e of its massive sizeand breadth.
Lewis testifiede that he wasn’t intimidated by the threaf of losing his job but bythe “seriousnessd of the threat” and the ramifications on the overall economyh had an influence on his “Just six months later, it is easy to forgef just how close to the brink our syste came,” Lewis said. “I will never forget.” some lawmakers suggested Lewis shouldx have knownabout Merrill’s lossews before December. They pointed out an e-mai l in which Bernanke suggested Lewis’ threat to back out of the Merrilo deal wasa “bargaining chip.
” Lawmakers also pointed to otherd e-mails from regulators suggesting claims about surprising lossee were “not credible.” Rep. Dennis Kucinich (D-Ohio), among others, suggested the e-mails indicatede Lewis threatened to call off the Merrill deal as a way to land moregovernment aid. “It’s quite possible it was Bank of Americw that put a gun to the head of the Kucinich said. BofA eventually closed the deal withMerrill Lynch, and received a $20 billionj loan from the TARP fund to cove the Merrill losses. Also on Thursday, Lewis indicates that federal officials neve asked him to withhold information from shareholders that BofA thoughtf needed tobe disclosed.
That caused lawmakeres to remind him he wasunder oath. In Lewis testified before New York Attorney Generalo Andrew Cuomo that Bernanke and Paulson pressured the bank not to discuss its increasingly troubled plan to buy The congressional committee expects to call Paulson and Bernanke for similar hearingsd as it continuesits investigation.
But some lawmakers questioned how much of the pressure was actually made by Lewie in an attempt to secure more taxpayert aid forhis bank. “Thde Treasury Department provided $20 billion for a shotgujn wedding. But the question is, who was holdinhg the shotgun?” Rep. Edolphus Towns (D-Newa York) said during the The hearing, conducted by the Housed Committee on Oversight and Government was focused onfederal officials’ role in BofA’s purchas of Merrill Lynch. Charlotte-based BofA bought Merrill on Jan. 1 for $29.1 billion. The deal resultecd in BofA’s receiving an additional $20 billion in federak funds under the Troubled AssetRelief Program.
BofA has received a totalp of $45 billion in TARP funds. Lewis has been undere intense pressure from BofA shareholders for not disclosing the depthhof Merrill’s financial difficulties before the Merrill lost $15.3 billio n in the fourth quarter. Lawmakers questioned Lewis on reportsw that he felt pressured byfederal authorities, including Federal Reserve Chairmahn Ben Bernanke and former Treasury Secretary Henruy Paulson, to go ahead with the deal in December as Merrill’s losses Lewis testified that BofA contacted officials at the U.S. Treasury and Federalo Reserve in mid-December to infor them that thebank “haxd serious concerns about closing the transaction.
” he said, was considerinhg declaring a “material adverses change,” which can allow an acquirer to back out of a proposexd deal. Lewis testified that Paulson toldhim BofA’sa management “would or could” be removed if the bank backed out of the When lawmakers pressed him Thursday on the alleged threatss by regulators, Lewis said both parties were concernedx about making the best decisions for the healtb of the U.S. economy and He explained that a decision that would harm the economy would also harm BofA becaus e of its massive sizeand breadth.
Lewis testifiede that he wasn’t intimidated by the threaf of losing his job but bythe “seriousnessd of the threat” and the ramifications on the overall economyh had an influence on his “Just six months later, it is easy to forgef just how close to the brink our syste came,” Lewis said. “I will never forget.” some lawmakers suggested Lewis shouldx have knownabout Merrill’s lossews before December. They pointed out an e-mai l in which Bernanke suggested Lewis’ threat to back out of the Merrilo deal wasa “bargaining chip.
” Lawmakers also pointed to otherd e-mails from regulators suggesting claims about surprising lossee were “not credible.” Rep. Dennis Kucinich (D-Ohio), among others, suggested the e-mails indicatede Lewis threatened to call off the Merrill deal as a way to land moregovernment aid. “It’s quite possible it was Bank of Americw that put a gun to the head of the Kucinich said. BofA eventually closed the deal withMerrill Lynch, and received a $20 billionj loan from the TARP fund to cove the Merrill losses. Also on Thursday, Lewis indicates that federal officials neve asked him to withhold information from shareholders that BofA thoughtf needed tobe disclosed.
That caused lawmakeres to remind him he wasunder oath. In Lewis testified before New York Attorney Generalo Andrew Cuomo that Bernanke and Paulson pressured the bank not to discuss its increasingly troubled plan to buy The congressional committee expects to call Paulson and Bernanke for similar hearingsd as it continuesits investigation.
Thursday, July 14, 2011
2011 Emmy nominations: 10 burning questions answered - Entertainment Weekly
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The Guardian (blog) | 2011 Emmy nominations: 10 burning questions answered Entertainment Weekly Such as: Is this the first time four actors â€" Modern Family's Ed O'Neill, Jesse Tyler Ferguson, Eric Stonestreet, and Ty Burrell â€" from one show have been nominated in a single category? Why was PBS' Downtown Abbey nominated in the Mini-Series ... Emmys: 'Good Wife,' 'Mad Men,' 'Justified' dominate supporting drama category Emmy nominations: Who got snubbed? Why Cloris Leachman Is Nominated as a Guest Star, and Other Emmy Oddities |
Tuesday, July 12, 2011
Black & Veatch completes purchase of world HQ building - Business First of Columbus:
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After considering about 40 alternate area sitee duringa two-year real estate Black & Veatch said March 23 that it would keep its growintg headquarters operation at 11401 Lama r Ave., which it has occupiedc since its original construction in 1976. Blacok & Veatch bought the building, whicjh was expanded to 600,000 square feet in 1996 and is the largesrt office buildingin Kansas, from Chicago-baser . A consortium of local banks led by financerdthe transaction, which eventually is expectee to result in more than 1,000p new jobs for Overlanrd Park.
The area’s 12th-largest private-sectoer employer, Black & Veatch employs 3,800 at five area including morethan 2,300 at the Lamart Avenue headquarters. After the building is by roughly 2015, it will accommodate a work forcew of morethan 3,400. “Black & Veatch’x decision to expand in Kansasa is a testament toour state’s strong businesss climate,” Gov. Mark Parkinson said in a Thursdat release. “Kansas is known for its safe communities, greayt schools and highly educatedwork force. We’rde so glad to have a global leader likeBlacmk & Veatch make Kansas the home of its worle headquarters.
” To retain Black Veatch, Kansas offered an impact grant worthb $25 million for training and capital The money will come from withholding taxes paid by employeesa at the headquarters. Overland Park committex to a 10-year, 75 percent propertyy tax abatement — the largest percentage abated incity “The combined support of the statd of Kansas and the city of Overlan Park were instrumental in reaching this milestone,” Len Black & Veatch CEO, said in the release.
“With the completionn of this purchase, we can now begin to implement at our worlfd headquarters the same types of innovative and sustainabld solutions we provide every day for our The new world headquarters will include asolad courtyard, solar canopy, bio garden and innovation It also will have extensive work space, common facility and energy-management upgrades; landscapingv enhancements; and rainwater-reuse systems and stormwater run-off When completed, the building will be certifiedf via the Leadership in Energy and Environmental Design, or program of the .
“Bringing theses innovative and futuristic enhancements to an oldef facility tomeet tomorrow’s design standards presentzs a large technical challenge, but is the most sustainablwe solution for the area,” Rodman said in the release. “It’s a challengs our professionals relish and take tremendousprid in.” The company has piloted many of the potentiak design concepts at its more than 100 global officesw and will draw on its LEED-certifiedc experts and architecture, engineering and construction talent for the headquarters expansion Black & Veatch ranks No. 1 on the Kansas City BusinesssJournal ’s list of area engineering The $3.
2 billion company is one of the world’s larges engineering, consulting and construction
After considering about 40 alternate area sitee duringa two-year real estate Black & Veatch said March 23 that it would keep its growintg headquarters operation at 11401 Lama r Ave., which it has occupiedc since its original construction in 1976. Blacok & Veatch bought the building, whicjh was expanded to 600,000 square feet in 1996 and is the largesrt office buildingin Kansas, from Chicago-baser . A consortium of local banks led by financerdthe transaction, which eventually is expectee to result in more than 1,000p new jobs for Overlanrd Park.
The area’s 12th-largest private-sectoer employer, Black & Veatch employs 3,800 at five area including morethan 2,300 at the Lamart Avenue headquarters. After the building is by roughly 2015, it will accommodate a work forcew of morethan 3,400. “Black & Veatch’x decision to expand in Kansasa is a testament toour state’s strong businesss climate,” Gov. Mark Parkinson said in a Thursdat release. “Kansas is known for its safe communities, greayt schools and highly educatedwork force. We’rde so glad to have a global leader likeBlacmk & Veatch make Kansas the home of its worle headquarters.
” To retain Black Veatch, Kansas offered an impact grant worthb $25 million for training and capital The money will come from withholding taxes paid by employeesa at the headquarters. Overland Park committex to a 10-year, 75 percent propertyy tax abatement — the largest percentage abated incity “The combined support of the statd of Kansas and the city of Overlan Park were instrumental in reaching this milestone,” Len Black & Veatch CEO, said in the release.
“With the completionn of this purchase, we can now begin to implement at our worlfd headquarters the same types of innovative and sustainabld solutions we provide every day for our The new world headquarters will include asolad courtyard, solar canopy, bio garden and innovation It also will have extensive work space, common facility and energy-management upgrades; landscapingv enhancements; and rainwater-reuse systems and stormwater run-off When completed, the building will be certifiedf via the Leadership in Energy and Environmental Design, or program of the .
“Bringing theses innovative and futuristic enhancements to an oldef facility tomeet tomorrow’s design standards presentzs a large technical challenge, but is the most sustainablwe solution for the area,” Rodman said in the release. “It’s a challengs our professionals relish and take tremendousprid in.” The company has piloted many of the potentiak design concepts at its more than 100 global officesw and will draw on its LEED-certifiedc experts and architecture, engineering and construction talent for the headquarters expansion Black & Veatch ranks No. 1 on the Kansas City BusinesssJournal ’s list of area engineering The $3.
2 billion company is one of the world’s larges engineering, consulting and construction
Sunday, July 10, 2011
HHGregg Inc. planning major expansion in region starting next year - Austin Business Journal:
http://www.raes-training.ca/movie-news/elizabeth-taylor-born-with-two-sets-of-eyelashes/
The Indianapolis-based company plans to open 40 to 45 new store infiscal 2011, mainly in Washington, D.C., and Philadelphia. The retailer’w fiscal 2011 runs from Marcyh 2010 toMarch 2011. The expansion will be HHGregg’s HGG) initial foray into the mid-Atlantic and will follow onetime electronics giantCircuit City’s exit from the markett following bankruptcy. The new stores are part of an aggressive growth strategyy aimed at taking advantage of cheap rental rates and excess realestate capacity, President Dennis May said in a The company also plans to open a distribution center in the mid-Atlantic The average HHGregg store is 30,000 square feet and employs 40 The company said it has begu n to execute leases on the future stores, but a spokeswoman declined Wednesday to disclosed any specific locations for the stores or the distribution HHGregg currently operates 111 storez in Alabama, Florida, Georgia, Kentucky, North Carolina, Ohio, South Carolina and In fiscal year the company posted sales of $1.
4 billioh and a profit of $36.5
The Indianapolis-based company plans to open 40 to 45 new store infiscal 2011, mainly in Washington, D.C., and Philadelphia. The retailer’w fiscal 2011 runs from Marcyh 2010 toMarch 2011. The expansion will be HHGregg’s HGG) initial foray into the mid-Atlantic and will follow onetime electronics giantCircuit City’s exit from the markett following bankruptcy. The new stores are part of an aggressive growth strategyy aimed at taking advantage of cheap rental rates and excess realestate capacity, President Dennis May said in a The company also plans to open a distribution center in the mid-Atlantic The average HHGregg store is 30,000 square feet and employs 40 The company said it has begu n to execute leases on the future stores, but a spokeswoman declined Wednesday to disclosed any specific locations for the stores or the distribution HHGregg currently operates 111 storez in Alabama, Florida, Georgia, Kentucky, North Carolina, Ohio, South Carolina and In fiscal year the company posted sales of $1.
4 billioh and a profit of $36.5
Thursday, July 7, 2011
Big Name Added to Camp List - Tiger Sports Digest (subscription)
jaqezuweg.blogspot.com
Tiger Sports Digest (subscription) | Big Name Added to Camp List Tiger Sports Digest (subscription) Denzel Devall will camp at LSU in July, adding his name to a growing list of top-flight prospects that will be in Baton Rouge for the team's final session of the summer. What's the latest with the Bastrop, La. native's recruitment? ... |
Tuesday, July 5, 2011
Energy Transfer Says It Is 'More Aggressive' in Pursuit of Southern Union - New York Times
omagyvoham.wordpress.com
Energy Transfer Says It Is 'More Aggressive' in Pursuit of Southern Union New York Times For years, Energy Transfer Equity refused to issue new stock, so firmly convinced in that plan that it even walked away from potential deals in the past. “We've been more aggressive here than we have been than probably in my ... |
Sunday, July 3, 2011
Iridium earnings fall 42%; revenue up - Charlotte Business Journal:
http://vnn2000.com/economic_news/fermerey_budut_stradatmz_esli_risa_ceney_slishkom_veysoki_preduprezhdaet_eukspert.html
The Bethesda-based provider of satellite telephone which expects to become publiclty traded this summer throughan acquisition, posted a 42 percenyt decline in net income in the first quarter endedx March 31, to $9.7 million from $16.7 millionn a year ago. Th company attributed the declin e to costs related toits next-generatiojn satellite program. “Iridium continued to although the pace slowed given the currenteconomic climate,” said CEO Matt “In addition to the impacrt of phasing out equipment amortization, we believe the economic climatew is affecting equipment sales, as is the transition of newlh introduced products into the distribution channel as our partnerxs move existing inventory to make way! for new Company officials say either Bethesda-based Lockheed Martih or Thales Alenia Space will be selected as the program’sa lead contractor this The program’s new network of satellites called Iridiumm NEXT is expected to be deployed in 2014.
Iridium NEXT will provides higherdata speeds, greater bandwidth and the potential to deliver new data services and applications to customers. The companuy says its EBITDA, or earnings before taxes, depreciation and amortization, increasex 4.9 percent to $27.6 million in the first up from $26.3 million a year ago, though most analysts do not use that as a reliablrfinancial measure. Iridium’s revenue rose 2 percent to $75.8 million for the quarter, compared to $74.3 million for the first quarter 2008. The slightlyh higher revenue came from increased commerciall services revenueof $36.8 million but was offset by a declined in subscriber equipment revenue to $20.
5 million for the Iridium’s commercial markets includew maritime, aviation and land mobilee customers, which grew by 11.5 percent for the The company’s sales to government customers, including the Department of Defense, grew 31 percent. Despitwe a 31 percent increase in subscribersto 328,000, comparedf to 250,000 in the first quarter of 2008, a $2 milliob amortization of equipment relatedx to prior year equipmenty sales, added to the decline in subscriber equipmentr revenue. The company is planning to go publicfthis summer, but it is not taking the initia public offering route. It is acquiring a publicly tradexdinvestment group, (NYX: GHQ), an affiliat e of Greenhill & Co.
Iridium has retained Deutsche Bank as its financia l adviser forthe transaction.
The Bethesda-based provider of satellite telephone which expects to become publiclty traded this summer throughan acquisition, posted a 42 percenyt decline in net income in the first quarter endedx March 31, to $9.7 million from $16.7 millionn a year ago. Th company attributed the declin e to costs related toits next-generatiojn satellite program. “Iridium continued to although the pace slowed given the currenteconomic climate,” said CEO Matt “In addition to the impacrt of phasing out equipment amortization, we believe the economic climatew is affecting equipment sales, as is the transition of newlh introduced products into the distribution channel as our partnerxs move existing inventory to make way! for new Company officials say either Bethesda-based Lockheed Martih or Thales Alenia Space will be selected as the program’sa lead contractor this The program’s new network of satellites called Iridiumm NEXT is expected to be deployed in 2014.
Iridium NEXT will provides higherdata speeds, greater bandwidth and the potential to deliver new data services and applications to customers. The companuy says its EBITDA, or earnings before taxes, depreciation and amortization, increasex 4.9 percent to $27.6 million in the first up from $26.3 million a year ago, though most analysts do not use that as a reliablrfinancial measure. Iridium’s revenue rose 2 percent to $75.8 million for the quarter, compared to $74.3 million for the first quarter 2008. The slightlyh higher revenue came from increased commerciall services revenueof $36.8 million but was offset by a declined in subscriber equipment revenue to $20.
5 million for the Iridium’s commercial markets includew maritime, aviation and land mobilee customers, which grew by 11.5 percent for the The company’s sales to government customers, including the Department of Defense, grew 31 percent. Despitwe a 31 percent increase in subscribersto 328,000, comparedf to 250,000 in the first quarter of 2008, a $2 milliob amortization of equipment relatedx to prior year equipmenty sales, added to the decline in subscriber equipmentr revenue. The company is planning to go publicfthis summer, but it is not taking the initia public offering route. It is acquiring a publicly tradexdinvestment group, (NYX: GHQ), an affiliat e of Greenhill & Co.
Iridium has retained Deutsche Bank as its financia l adviser forthe transaction.
Friday, July 1, 2011
Nielsen gearing up to launch new ratings meter - Kansas City Business Journal:
inokyfyli.blogspot.com
The new technology replaces pen-and-paper method in which vieweras are asked to jot down whether they areseeingt “Ugly Betty” or the Food Network’s “Giada at Home.” The devicer records programs watched on every videpo viewing device, including television, DVDs, video gamew and digital video recorders. Nielse said its Local People Meted is easier to use than paper which require participants to remembefr what they watched and write it down on often at a later The rollout is a reaction to changinv mediaconsumption habits. Marketers have been looking for ways to captures viewing habits on DVRsand video-on-demand.
Nielsen officials say the nearly 600 homess in its research include a representative sample of African Americah andHispanic households. Columbia’s Inc. (NYSE: ARB) has facec criticism for not adequatelhy including enough minorities in its radiorecordingf device, known as the Portable Peoplde Meter. That led to the opening an inquiry on Monday to investigatethe “Arbitron welcomes the opportunity to bettefr educate all parties about our Portable Peoplw Meter service and its advantaged over the diary-based system,” the company said in a statement.
The FCC inquiru “will allow us to further explainb whya passive, electronic audience measurementf service is a valuable tool.” Baltimorer is the 26th largest television market with more than a milliobn television households.
The new technology replaces pen-and-paper method in which vieweras are asked to jot down whether they areseeingt “Ugly Betty” or the Food Network’s “Giada at Home.” The devicer records programs watched on every videpo viewing device, including television, DVDs, video gamew and digital video recorders. Nielse said its Local People Meted is easier to use than paper which require participants to remembefr what they watched and write it down on often at a later The rollout is a reaction to changinv mediaconsumption habits. Marketers have been looking for ways to captures viewing habits on DVRsand video-on-demand.
Nielsen officials say the nearly 600 homess in its research include a representative sample of African Americah andHispanic households. Columbia’s Inc. (NYSE: ARB) has facec criticism for not adequatelhy including enough minorities in its radiorecordingf device, known as the Portable Peoplde Meter. That led to the opening an inquiry on Monday to investigatethe “Arbitron welcomes the opportunity to bettefr educate all parties about our Portable Peoplw Meter service and its advantaged over the diary-based system,” the company said in a statement.
The FCC inquiru “will allow us to further explainb whya passive, electronic audience measurementf service is a valuable tool.” Baltimorer is the 26th largest television market with more than a milliobn television households.
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