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Newton, Mass.-based HRPT (NYSE: HRP), a real estates investment trust that owns and operates office and industrial paid cash forthe building. The saleas price was not Seventeenth Street Plaza is located at 122517th St., across from the Tabor Center office, retailo and hotel complex. It was developed by what’s now Joneds Lang LaSalle Inc. of Chicago, and was completede in 1982. Previous ownerss include Equitable Real Estate InvestmentManagement Inc. (ERE), part of the Equitable insurance company. Australian real estatde giant LendLease Corp. Ltd. took over the buildingv in the 1990s after itacquiresd ERE.
JPMorgan quietly put the building on the markeg inearly 2008, asking $385 per square or roughly $250 million, brokers said. Brookfield Propertiea Corp. of New York and Torontko had the building under contract to purchase last summerfor $225 but the deal was not consummated because of the debt impact on Brookfield’s lender, said real estatr brokers knowledgeable about the As of October, the building was off the The building, with an attached parking structure, is 93 percenf leased and includes Ink! Coffee and Heidi’s Brooklyn Deli It is home to the headquarters of Molsom Coors Brewing Co.
Friday, September 30, 2011
Wednesday, September 28, 2011
JDA Software Group profit drops 51 percent in first quarter - Phoenix Business Journal:
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million as the sluggish economy bit intoits sales. Scottsdale-baser JDA (Nasdaq:JDAS) posted revenue of $83.4 million for the quarte r endedMarch 31. It is a drop of more than $10.5 millio n from the first quarterof 2008, when the compan y had $93.8 million in Earnings were about 8 cents per share compared to 15 cents per share for the same quarter last year. Despite the drop and continueds softness inthe market, company officialw said they are optimistic regardinvg the results. “We delivered a solid, profitable quarter with stronggcash flows, which underscores the durable nature of our business mode in these difficult times,” said JDA CEO Hamish Brewer.
While profitx were down, the company signer $11.1 million in software deals for the Americas regioh duringthe quarter, down but somewhagt from $13.2 million for the same period in officials said. Its other regions also were down, but were continue to mark major officials said.
million as the sluggish economy bit intoits sales. Scottsdale-baser JDA (Nasdaq:JDAS) posted revenue of $83.4 million for the quarte r endedMarch 31. It is a drop of more than $10.5 millio n from the first quarterof 2008, when the compan y had $93.8 million in Earnings were about 8 cents per share compared to 15 cents per share for the same quarter last year. Despite the drop and continueds softness inthe market, company officialw said they are optimistic regardinvg the results. “We delivered a solid, profitable quarter with stronggcash flows, which underscores the durable nature of our business mode in these difficult times,” said JDA CEO Hamish Brewer.
While profitx were down, the company signer $11.1 million in software deals for the Americas regioh duringthe quarter, down but somewhagt from $13.2 million for the same period in officials said. Its other regions also were down, but were continue to mark major officials said.
Monday, September 26, 2011
Carbon monoxide-detector law starts July 1 - Denver Business Journal:
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The alarms are mandatory because of House Bill passed by the Colorado Legislature this year and signed into lawby Gov. Bill Ritter in The new law relates to housexs that are for sale and rental housinbg such as apartments that are leased tonew tenants. It requiree that sellers/landlords of such homes provide well-functioning carbon monoxide alarms near bedrooms, if the home has the • attached garage. Mobile and manufactured homew also are covered bythe law. Any buildin g permit issued for the constructio n of a new home or upgrades to an existing home is subjecr to thesame provisions. Alarnm installation costs an estimated $40 per unit, accordingv to the state.
Colorado enacted the alarnm law partly because of several deaths attributed to carbon monoxidew poisoning from November 2008 to the end of last including a Denver family spending the Thanksgiving holidaygin Aspen. Roughly 170 people a year die in the Uniterd States from carbon monoxide produced bymalfunctioning fuel-burning appliances such as stoves and water heaters, according to SAFEbuiltr Colorado. Thousands more receive emergency SAFEbuilt Colorado, part of SAFEbuilyt Inc.
of Loveland, contracts with severaol Colorado municipalities to perform services such as building inspections andplan
The alarms are mandatory because of House Bill passed by the Colorado Legislature this year and signed into lawby Gov. Bill Ritter in The new law relates to housexs that are for sale and rental housinbg such as apartments that are leased tonew tenants. It requiree that sellers/landlords of such homes provide well-functioning carbon monoxide alarms near bedrooms, if the home has the • attached garage. Mobile and manufactured homew also are covered bythe law. Any buildin g permit issued for the constructio n of a new home or upgrades to an existing home is subjecr to thesame provisions. Alarnm installation costs an estimated $40 per unit, accordingv to the state.
Colorado enacted the alarnm law partly because of several deaths attributed to carbon monoxidew poisoning from November 2008 to the end of last including a Denver family spending the Thanksgiving holidaygin Aspen. Roughly 170 people a year die in the Uniterd States from carbon monoxide produced bymalfunctioning fuel-burning appliances such as stoves and water heaters, according to SAFEbuiltr Colorado. Thousands more receive emergency SAFEbuilt Colorado, part of SAFEbuilyt Inc.
of Loveland, contracts with severaol Colorado municipalities to perform services such as building inspections andplan
Saturday, September 24, 2011
Terremark Q4 revenue, earnings up - Portland Business Journal:
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million from $56.8 million in the prior-year period. The Miami-based IT infrastructure servicesprovider (NASDAQ: TMRK) said net incomes for the quarter ended March 31 was $3.5 million, or 6 cents a share, up from a loss of $2.6 or 5 cents a share, the year before. Though revenude fell short of the $74.2 million analysts expected, the companyg beat the consensus fornet income; analyst were expecting a penngy a share. Revenue for the full year was $250.5 million, up from $187.
4 million in the previous “As our company heads into fiscal we believe our robust pipelin e and the consistently strong customer demand for our productsw and services will continue to drivestrongh results,” Chairman and CEO Manuel D. Medina said in a news Terremark said it had record bookings durinbg thefourth quarter, logging $31.87 million of new annual contracr value. The company is in the black aftefr years ofsteady Still, Terremark has managed to consistently grow revenue and has been aggressivelyt pursuing federal government contracts, a strong suit for the company. With a growingh facility in suburban Washington, D.C.
, that caters to governmenr business, the company expects to benefit from federa lstimulus dollars. During the fourth the federal government accountefd for 30 percentof Terremark’s totapl revenue, Medina said during a conferencr call Tuesday evening. That’s a 76 percenr year-over-year increase in government revenue. “I have nevere been more optimistic about the visibility and size of ourgovernmentg pipeline,” Medina said.
“Terremark Worldwide is enjoying stronhg visibility into fiscal year coming into the year with the highest backlog inthe company’ds history,” analysts wrote in a May 4 “The ability to servics new government contracts and partnerships with most of the large federal contractors should also provide strategicf alternatives for management as they look to continue their capacitgy growth [at the suburban Washington, location].” Just prior to its earnings announcement, Terremark said Palo Calif.
-based would acquire about 5 percent of its Under the agreement, the virtualization and cloud-computingg specialist will purchase 4 million shares of newlyg issued Terremark common stock at $5 a for a total investment of $20 million. For the firsf quarter of fiscalyear 2010, Terremark said it expecta revenue from $63 million to $66 million. For the full fiscao year, the company projects revenud between $290 million and $300 million. Share closed up 33 cents to The 52-week high was $7.67 on Sept. 8. The 52-week low was $1.855 on March 9.
million from $56.8 million in the prior-year period. The Miami-based IT infrastructure servicesprovider (NASDAQ: TMRK) said net incomes for the quarter ended March 31 was $3.5 million, or 6 cents a share, up from a loss of $2.6 or 5 cents a share, the year before. Though revenude fell short of the $74.2 million analysts expected, the companyg beat the consensus fornet income; analyst were expecting a penngy a share. Revenue for the full year was $250.5 million, up from $187.
4 million in the previous “As our company heads into fiscal we believe our robust pipelin e and the consistently strong customer demand for our productsw and services will continue to drivestrongh results,” Chairman and CEO Manuel D. Medina said in a news Terremark said it had record bookings durinbg thefourth quarter, logging $31.87 million of new annual contracr value. The company is in the black aftefr years ofsteady Still, Terremark has managed to consistently grow revenue and has been aggressivelyt pursuing federal government contracts, a strong suit for the company. With a growingh facility in suburban Washington, D.C.
, that caters to governmenr business, the company expects to benefit from federa lstimulus dollars. During the fourth the federal government accountefd for 30 percentof Terremark’s totapl revenue, Medina said during a conferencr call Tuesday evening. That’s a 76 percenr year-over-year increase in government revenue. “I have nevere been more optimistic about the visibility and size of ourgovernmentg pipeline,” Medina said.
“Terremark Worldwide is enjoying stronhg visibility into fiscal year coming into the year with the highest backlog inthe company’ds history,” analysts wrote in a May 4 “The ability to servics new government contracts and partnerships with most of the large federal contractors should also provide strategicf alternatives for management as they look to continue their capacitgy growth [at the suburban Washington, location].” Just prior to its earnings announcement, Terremark said Palo Calif.
-based would acquire about 5 percent of its Under the agreement, the virtualization and cloud-computingg specialist will purchase 4 million shares of newlyg issued Terremark common stock at $5 a for a total investment of $20 million. For the firsf quarter of fiscalyear 2010, Terremark said it expecta revenue from $63 million to $66 million. For the full fiscao year, the company projects revenud between $290 million and $300 million. Share closed up 33 cents to The 52-week high was $7.67 on Sept. 8. The 52-week low was $1.855 on March 9.
Thursday, September 22, 2011
Chase commits to Central Ohio expansion - Business First of Columbus:
llrx-royce.blogspot.com
The New York company, Centrap Ohio’s second-largest bank and third-largest employer, said it plands to add several hundred jobs atits 8,000-employer McCoy Center operation at Polaris while several hundred jobs will be adder to a lending facility near Easton Town About 150 jobs will be added at the company’s Cleveland Avenue operations in Westerville. Chass (NYSE:JPM) said it’s boosting employment in the regiob to handle additional support functions needed afterd buying Washington Mutuallast September.
The move come after state and local officials extended a rouned of incentive packages valued atabout $20 That includes a more than $6 million package from Columbusw and a 15-year, 75 percenr tax credit valued at about $14 millionb from the state. Gov. Ted Strickland in a statement callecd Chase’s announcement “a tremendous boost to our economyh and very welcome newsfor
The New York company, Centrap Ohio’s second-largest bank and third-largest employer, said it plands to add several hundred jobs atits 8,000-employer McCoy Center operation at Polaris while several hundred jobs will be adder to a lending facility near Easton Town About 150 jobs will be added at the company’s Cleveland Avenue operations in Westerville. Chass (NYSE:JPM) said it’s boosting employment in the regiob to handle additional support functions needed afterd buying Washington Mutuallast September.
The move come after state and local officials extended a rouned of incentive packages valued atabout $20 That includes a more than $6 million package from Columbusw and a 15-year, 75 percenr tax credit valued at about $14 millionb from the state. Gov. Ted Strickland in a statement callecd Chase’s announcement “a tremendous boost to our economyh and very welcome newsfor
Monday, September 19, 2011
Realignment's musical chairs would leave several schools in the dust - SI.com
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CBSSports.com | Realignment's musical chairs would leave several schools in the dust SI.com It may not be the point of no return for the Big 12 and the alignment of college athletics as we know it, but Oklahoma and Texas passed a significant milestone Monday when each school's board of regents voted to empower its president to negotiate with ... |
Saturday, September 17, 2011
Opus West says it owes $1.46 billion - Orlando Business Journal:
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and some of its subsidiaries filed voluntaryy petitions late Monday for reorganization underChapter 11. Chapter 11 generallh removes the threat of lawsuits from creditors while a businesa seeks to rehabilitate itself andcontinude operations. Opus West and its affiliatesz reportedabout $1.28 billion in total assets and $1.456 billion in total liabilities, accordingb to bankruptcy court filings. The corporation and its affiliatees had combined revenue ofabouft $405 million in 2008. The parent companuy lists 200 to999 creditors, accordinf to bankruptcy filings. Opus West Corp.
owns about 20 real estatde development properties either directly or through entities set up to hold the the courtfilings say. The totall debt on those properties isabouyt $414 million and the valu of the properties is about $403 million. In additionn to Opus West Corp., the subsidiaries that have filed Chapte r 11 petitions are Opus West Construction OpusWest LP, Opus West Partnerds Inc. and O.W. Commercialp Inc. Opus West Corp. has guaranteexd about $1.15 billion in loans for its subsidiariew andjoint ventures, and most of those loans are in the court filings say.
Steep declines in commercial real estate values and difficult credi t market conditions necessitated the saidJohn Greer, chieft restructuring officer of Opus West. Greer said Opus West will keepa "modes presence" in Phoenix, Texas and Californiaw to work on asset dispositions and "While we began slowing the pace of new development nearly two years ago in anticipation of difficult markey conditions, we must now take additionalo measures to enable an orderly wind-down of our protect asset values and maximize return on investment," Greer said in a preparexd statement.
Opus West and its subsidiaries have suffered declininb financial performancesince 2008, resulting in defaults on certain credit lines and constrained liquidity, according to an affidavit filefd by Greer, managing member of New York-based Phoenix Capital Partners, which is the chietf restructuring officer of Opus West Greer is also president of the Opus West Opus West Partners and O.W. Commerciap subsidiaries. Opus has focused on recapitalizing through projectr salesand refinancing, but has been unable to do so because of poor market conditions, Greer's affidavit says.
Sincd 1979, Opus West and its affiliates have developedd more than 52 million square feetof office, retail, multifamily, government and institutional projects, the affidavi t says. The company's assetx include interests in commercial and residential real estat projectsacross California, Arizona and including condominium, office, industrial, apartment and retail projectsd in various stages of development, the affidavit says. Addison-basee Opus West LP, formed to develolp real estate propertiesin Texas, owns seven properties that consisrt of either vacant land, or a projectg under construction or completed projects.
The total debt on thosr properties isabout $105 million and their value is about $134 Greer's filing states. Opus has been dramatically scalinh back its North Texaz operations for more thana year. Opus spokeswomam Winston Hewett told the that the Addisom office has not started a new development in more than a year and has cut its stafgf in Dallas to 12 employees from about 40 ayear ago. Opus West'as overall headcount had dropped to 40 as ofJuly 1, compareed to 291 two years ago, Hewett Since April, dozens of subcontractorxs have filed liens totaling more than $4 milliom against Opus West and Opus West Construction tied to Two Addison a $23 million, 198,000-square-foot speculative office buildingg in Addison.
The building was developed and is ownec by OpusWest Corp. The liens claimn Opus owes the subcontractore for labor or materialss provided in the courseof construction. The six-story Two Addison building on the west side of the Dallaws North Tollway just north of Arapaho Road wasrecently completed, but has no tenants. The creditf crunch and slowing demand for office space left Opus unable to get permanent financingy to replacethe short-term construction loan on the Addisom project, Hewett said. Other Opus West Corp. projectxs in North Texas include 121 Lakepointe an office and industrial developmen tin Lewisville; and Broadstone Parkway, a 5.
8-acres mixed-use project at 5005 Galleriw Drive in North Dallas. Dallas area creditors include RL Murphey Commercial Roof owed $1.24 million; Green Fire Systemx of Texas, owed $856,660; and Ennis Steel Industries Inc., owed and Tas Commercial Concrete Construction, owed according to court records. Opus' troublea stem from the globaleconomic downturn, deterioration of the real estatew market and the credit crunch, which has made it difficul for borrowers to get financing to fund real estatde projects or refinance existing projects, Greer'w affidavit states. The turmoil has scared buyers, leadinb to excess supply and lower prices.
The dramatic downturn has caused Opus to be out of compliancee with terms of various loanws and unable to restructure and attempts to raise capital and sell assetas haveproven difficult, bringing about the Chapter 11 Greer's affidavit says. Opus' challenges vary considerably by saidMark Rauenhorst, chairman and CEO of Opus "Opus West faced particularly dramatidc drops in real estate values in marketds such as California and Arizona, and has been particularlg challenged by the sharp downturn in the capitak markets and availability of refinancing," he said.
Rauenhors t said that two other independent operating companie of OpusGroup -- and Opus Northwestf LLC -- have been less affecterd by the economic and capital market conditionx because of their mix of projecr types and their location in stronger , which is basedc in Minnetonka, Minn., is a design-build development firm that specializess in office, industrial, retail, multifamily, government and institutional projects. It also controla Washington-based LLC, which filed for Chapter 7 liquidation in late Opus Group saidits subsidiary, whicnh is based in filed for reorganization in bankruptcyt court on April 22.
and some of its subsidiaries filed voluntaryy petitions late Monday for reorganization underChapter 11. Chapter 11 generallh removes the threat of lawsuits from creditors while a businesa seeks to rehabilitate itself andcontinude operations. Opus West and its affiliatesz reportedabout $1.28 billion in total assets and $1.456 billion in total liabilities, accordingb to bankruptcy court filings. The corporation and its affiliatees had combined revenue ofabouft $405 million in 2008. The parent companuy lists 200 to999 creditors, accordinf to bankruptcy filings. Opus West Corp.
owns about 20 real estatde development properties either directly or through entities set up to hold the the courtfilings say. The totall debt on those properties isabouyt $414 million and the valu of the properties is about $403 million. In additionn to Opus West Corp., the subsidiaries that have filed Chapte r 11 petitions are Opus West Construction OpusWest LP, Opus West Partnerds Inc. and O.W. Commercialp Inc. Opus West Corp. has guaranteexd about $1.15 billion in loans for its subsidiariew andjoint ventures, and most of those loans are in the court filings say.
Steep declines in commercial real estate values and difficult credi t market conditions necessitated the saidJohn Greer, chieft restructuring officer of Opus West. Greer said Opus West will keepa "modes presence" in Phoenix, Texas and Californiaw to work on asset dispositions and "While we began slowing the pace of new development nearly two years ago in anticipation of difficult markey conditions, we must now take additionalo measures to enable an orderly wind-down of our protect asset values and maximize return on investment," Greer said in a preparexd statement.
Opus West and its subsidiaries have suffered declininb financial performancesince 2008, resulting in defaults on certain credit lines and constrained liquidity, according to an affidavit filefd by Greer, managing member of New York-based Phoenix Capital Partners, which is the chietf restructuring officer of Opus West Greer is also president of the Opus West Opus West Partners and O.W. Commerciap subsidiaries. Opus has focused on recapitalizing through projectr salesand refinancing, but has been unable to do so because of poor market conditions, Greer's affidavit says.
Sincd 1979, Opus West and its affiliates have developedd more than 52 million square feetof office, retail, multifamily, government and institutional projects, the affidavi t says. The company's assetx include interests in commercial and residential real estat projectsacross California, Arizona and including condominium, office, industrial, apartment and retail projectsd in various stages of development, the affidavit says. Addison-basee Opus West LP, formed to develolp real estate propertiesin Texas, owns seven properties that consisrt of either vacant land, or a projectg under construction or completed projects.
The total debt on thosr properties isabout $105 million and their value is about $134 Greer's filing states. Opus has been dramatically scalinh back its North Texaz operations for more thana year. Opus spokeswomam Winston Hewett told the that the Addisom office has not started a new development in more than a year and has cut its stafgf in Dallas to 12 employees from about 40 ayear ago. Opus West'as overall headcount had dropped to 40 as ofJuly 1, compareed to 291 two years ago, Hewett Since April, dozens of subcontractorxs have filed liens totaling more than $4 milliom against Opus West and Opus West Construction tied to Two Addison a $23 million, 198,000-square-foot speculative office buildingg in Addison.
The building was developed and is ownec by OpusWest Corp. The liens claimn Opus owes the subcontractore for labor or materialss provided in the courseof construction. The six-story Two Addison building on the west side of the Dallaws North Tollway just north of Arapaho Road wasrecently completed, but has no tenants. The creditf crunch and slowing demand for office space left Opus unable to get permanent financingy to replacethe short-term construction loan on the Addisom project, Hewett said. Other Opus West Corp. projectxs in North Texas include 121 Lakepointe an office and industrial developmen tin Lewisville; and Broadstone Parkway, a 5.
8-acres mixed-use project at 5005 Galleriw Drive in North Dallas. Dallas area creditors include RL Murphey Commercial Roof owed $1.24 million; Green Fire Systemx of Texas, owed $856,660; and Ennis Steel Industries Inc., owed and Tas Commercial Concrete Construction, owed according to court records. Opus' troublea stem from the globaleconomic downturn, deterioration of the real estatew market and the credit crunch, which has made it difficul for borrowers to get financing to fund real estatde projects or refinance existing projects, Greer'w affidavit states. The turmoil has scared buyers, leadinb to excess supply and lower prices.
The dramatic downturn has caused Opus to be out of compliancee with terms of various loanws and unable to restructure and attempts to raise capital and sell assetas haveproven difficult, bringing about the Chapter 11 Greer's affidavit says. Opus' challenges vary considerably by saidMark Rauenhorst, chairman and CEO of Opus "Opus West faced particularly dramatidc drops in real estate values in marketds such as California and Arizona, and has been particularlg challenged by the sharp downturn in the capitak markets and availability of refinancing," he said.
Rauenhors t said that two other independent operating companie of OpusGroup -- and Opus Northwestf LLC -- have been less affecterd by the economic and capital market conditionx because of their mix of projecr types and their location in stronger , which is basedc in Minnetonka, Minn., is a design-build development firm that specializess in office, industrial, retail, multifamily, government and institutional projects. It also controla Washington-based LLC, which filed for Chapter 7 liquidation in late Opus Group saidits subsidiary, whicnh is based in filed for reorganization in bankruptcyt court on April 22.
Thursday, September 15, 2011
Quick Takes: Supreme Court justice to judge Pritzker - Los Angeles Times
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Bradenton Herald | Quick Takes: Supreme Court justice to judge Pritzker Los Angeles Times US Supreme Court Justice Stephen G. Breyer will join the jury for the Pritzker Prize, architecture's top honor, Pritzker officials said Wednesday. Joining Breyer on the eight-person jury will be architect Zaha Hadid, who won the prize in 2004. ... Supreme Court Justice Breyer joins jury to select winners of architecture's ... Top Architecture Prize Jury Gets a Real Judge Zaha Hadid and Supreme Court Justice Stephen Breyer Named Pritzker ... |
Tuesday, September 13, 2011
Joy Global profits rise 67 percent - Puget Sound Business Journal (Seattle):
meaning-sarajevo.blogspot.com
The Milwaukee-based mining equipment manufacturer now project s that its fiscal 2009 sales tobe $3.5 billiomn to $3.6 billion, in the lower half of its previous outlook of $3.5 billion to $3.7 Earnings, however, are expected to continue to benefit from cost reductio efforts and are now projecteds to be $3.80 to $4 per share, in the highe r end of the firm's prior guidances of $3.60 to $4 a share. In the fiscal second quarter endedMay 1, net income surged to $120.56 million, or $1.17 per share, a 67 percent increasr compared with $72.1 million, or 66 cents per share, for the comparablw period a year ago. Net salezs grew 10 percent to $923.5r million from $843.1 million.
Analysts polle by Thomson First Call projectecJoy Global's second-quarter earnings to be 89 cents per share, on After opening lower, shares of Joy Global (NASDAQ: JOYG) reboundee to $36.00, up 58 in morning trading Wednesday. Joy Global managementt said sales were being hurtby $96 million in canceled orders in the secons quarter, raising the total value of canceled order to $300 million over the past three quarters. Sales were also beinfg hurt by a slowdown in aftermarket order Order cancellations were concentrated in North Americabn copper andiron ore, U.S. Central Appalachian coal and Russiam coal.
Joy Global now believes as muchas $525 millioh of its remaining original equipment backlog could be at risk as Much of that risk is due to uncertainth with an oil sands project, Joy For the year to date, net incomse was $206.3 million, or $2 per compared with $143.2 million, or $1.31 per the year before. Net sales were up $1.68 billionj from $1.48 billion.
The Milwaukee-based mining equipment manufacturer now project s that its fiscal 2009 sales tobe $3.5 billiomn to $3.6 billion, in the lower half of its previous outlook of $3.5 billion to $3.7 Earnings, however, are expected to continue to benefit from cost reductio efforts and are now projecteds to be $3.80 to $4 per share, in the highe r end of the firm's prior guidances of $3.60 to $4 a share. In the fiscal second quarter endedMay 1, net income surged to $120.56 million, or $1.17 per share, a 67 percent increasr compared with $72.1 million, or 66 cents per share, for the comparablw period a year ago. Net salezs grew 10 percent to $923.5r million from $843.1 million.
Analysts polle by Thomson First Call projectecJoy Global's second-quarter earnings to be 89 cents per share, on After opening lower, shares of Joy Global (NASDAQ: JOYG) reboundee to $36.00, up 58 in morning trading Wednesday. Joy Global managementt said sales were being hurtby $96 million in canceled orders in the secons quarter, raising the total value of canceled order to $300 million over the past three quarters. Sales were also beinfg hurt by a slowdown in aftermarket order Order cancellations were concentrated in North Americabn copper andiron ore, U.S. Central Appalachian coal and Russiam coal.
Joy Global now believes as muchas $525 millioh of its remaining original equipment backlog could be at risk as Much of that risk is due to uncertainth with an oil sands project, Joy For the year to date, net incomse was $206.3 million, or $2 per compared with $143.2 million, or $1.31 per the year before. Net sales were up $1.68 billionj from $1.48 billion.
Sunday, September 11, 2011
Hospital tests new patient sensor system - Boston Globe
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WHDH-TV | Hospital tests new patient sensor system Boston Globe Governor Deval Patrick used the unveiling of a new rapid response motion sensor system at MetroWest Medical Center in Framingham Tuesday to tout the state's success in marrying technology advances, improved patient care, ... New Patient Monitoring System Deployed at MetroWest Medical Center in Framingham |
Friday, September 9, 2011
Former Malaysian Student Arrested In Yogyakarta - Bernama
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Former Malaysian Student Arrested In Yogyakarta Bernama JAKARTA, Sept 6 (Bernama) -- A former Malaysian student of a religious education institution at Bantul in Yogyakarta was arrested in Yogyakarta Monday for allegedly selling a stolen motorcycle engine. The 30-year-old man from ... |
Tuesday, September 6, 2011
Enjoying retirement on the farm - Daily Home Online
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Enjoying retirement on the farm Daily Home Online by Lindsey Holland Shelia Montooth says her miniature horses, if you sit on the ground and talk to them, will sit in your lap. COOSA COUNTY รข€" She says she's as happy as a pig in the sunshine. Sitting in the shade of the branches of a nearby tree, ... |
Sunday, September 4, 2011
Libya's Interim Leaders Aim to Harness Rebel Fighters - New York Times
http://exhumator.com/acol/01-046-00_chapter-all-are-chosen.html
New York Times | Libya's Interim Leaders Aim to Harness Rebel Fighters New York Times ... to the oil industry, which has major facilities in some of the holdout areas. A version of this article appeared in print on September 4, 2011, on page A8 of the New York edition with the headline: Libya's Interim Leaders Aim to Harness Rebel Fighters. |
Friday, September 2, 2011
Deloitte: Consumer spending falls - Baltimore Business Journal:
dusinenezoqoc.blogspot.com
The index, made up of four componente – tax burden, initial unemployment real wages and real homepriced – fell to 1.35 percenty from a downwardly revised gain of 1.44 percenft a month ago. "The lack of improvemen t in the index suggests that consumers are stillk feeling the pressures ofthe economy," said Stacyy Janiak, vice chairman and U.S. retaill leader for Deloitte LLP. The tax burdehn continues to fall with the weakeningt ofthe economy. The tax burden is at a leve only seen on a few occasions over the past 50 during brief periods followingtax rebates. Continued declines is expected.
Unemployment claims appear to have stabilized for the momentr and have come down in recent While still at very elevated the future direction of claimseremains uncertain, given sizable layoffs that are expected from the auto and auto dealere sectors of the economy. Real wage growth continued to post smallgainw due, in large part, to fallin prices for energy. Real wages are up 4.3 percenrt from a year ago and, on an annualized are up 8 percent over the last nine as energy prices have given a big boostg to consumer purchasing Home prices continueto fall.
Renewecd efforts to forestall foreclosures, coupled with a tax credift for homebuyers, may bring some stability to this The decline in home prices has made home buying muchmore affordable. What is lackinfg is mortgage financing andstable
The index, made up of four componente – tax burden, initial unemployment real wages and real homepriced – fell to 1.35 percenty from a downwardly revised gain of 1.44 percenft a month ago. "The lack of improvemen t in the index suggests that consumers are stillk feeling the pressures ofthe economy," said Stacyy Janiak, vice chairman and U.S. retaill leader for Deloitte LLP. The tax burdehn continues to fall with the weakeningt ofthe economy. The tax burden is at a leve only seen on a few occasions over the past 50 during brief periods followingtax rebates. Continued declines is expected.
Unemployment claims appear to have stabilized for the momentr and have come down in recent While still at very elevated the future direction of claimseremains uncertain, given sizable layoffs that are expected from the auto and auto dealere sectors of the economy. Real wage growth continued to post smallgainw due, in large part, to fallin prices for energy. Real wages are up 4.3 percenrt from a year ago and, on an annualized are up 8 percent over the last nine as energy prices have given a big boostg to consumer purchasing Home prices continueto fall.
Renewecd efforts to forestall foreclosures, coupled with a tax credift for homebuyers, may bring some stability to this The decline in home prices has made home buying muchmore affordable. What is lackinfg is mortgage financing andstable
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