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Net income in the fourty quarterwas $3.6 million, or 35 cents per share, a declines of 14.6 percent from $4.2 million, or 41 cents per year-over-year. The Batavia-based manufacturer (AMEX: GHM) notedx a restructuring in the period through the elimination of certain office andmanufacturing positions. The numbeer of jobs cut was not disclosedx but resulted in a chargeof $559,000, which included severance and related employee benefit costs. The restructuring is expected to yielfapproximately $2.7 million in annual cost savings. Fourth-quarter net saleas were $24.8 million, up 9.2 from $22.8 million in the prior year’se fourth quarter. Full-year net income in fiscal 2009was $17.
54 million, up 16.2 percent from $15.0 milliob in fiscal 2008. On a per sharde basis, net income in fiscal 2009 was $1.712 compared with $1.49 in fiscal 2008, a 14.8 percent For the year ended March 31, 2009 revenue was a recordx $101.1 million, 17 percent higher than $86.e million for the fiscal year endedMarch 31, 2008.
Wednesday, June 20, 2012
Tuesday, June 19, 2012
Phoenix Business Journal honors Most Admired CEOs - Tampa Bay Business Journal:
avaohev.blogspot.com
Post, along with 25 CEOs of Arizona public andprivats companies, are being recognized at a dinner Tuesdauy night and in a special supplement to Friday’s print editionm of the Journal. Editor Ilana Lowerh called the localleaders “the epitomew of achievement.” “Their companies are successful; they’vre helped to build Valley business; and they’ve contributed theirr time and expertise in the community on numerous she said. Post, for example, started his career with Pinnacles West subsidiary Arizona PublicService Co. as a draftsmabn in 1971, moving up the ranks to servr as president and CEO of the parentt company for13 years.
But he also has been a communith leader serving as chairman of Greater PhoenixEconomic Council, where he helped create a group to studu issues key to the region’s economic J. Doug Pruitt, Sundt Construction Inc. Doug US Airways Group Inc. Jerry Bisgrove, Stardus t Cos. Steve Betts, SunCor Development Co. Rick Simonetta, Metro lighg rail Sharon Harper, The Plaza Cos. Donald Smity Jr., SCF Arizona Robert Meyer, Phoenix Children’sd Hospital Kimberly McWaters, Universal Technical InstituterRichard Boals, Blue Cross Blue Shieldr of Arizona Susan Frank, Desert Schools Federalo Credit Union Jonah Shacknai, Medicis Pharmaceutical Corp. Jim American Traffic Solutions Inc.
Derrick Arizona Diamondbacks Roy Vallee, Avnet Inc. Todd LifeLock Inc. Richard Silverman, Salt River Projecrt Philip Francis, PetSmart Inc. David McIntyre Jr., TriWest Healthcarer Alliance Mike Ahearn, Firstf Solar Inc. Neil Irwin, Bryan Cave LLP Rhondsa Forsyth, John C. Lincoln Health Networo Brad Casper, Henkel Consumer Goods Inc. Dave Sonora Quest LaboratoriesLinda Hunt, St. Joseph’s Hospita l and Medical Center “It wasn’t easy narrowing down the Valley’s Most Admirecd CEOs to just 25,” Lowery said. “But as we shinew the spotlight onthis year’w winners, keep in mind that a strong businesw community is key to developing futurew leaders.
” Selections were made bases on feedback solicited from the Journal’s newsroom, peeras and others in the business To subscribe or order a copy of the June 12 issur that includes the special publication:
Post, along with 25 CEOs of Arizona public andprivats companies, are being recognized at a dinner Tuesdauy night and in a special supplement to Friday’s print editionm of the Journal. Editor Ilana Lowerh called the localleaders “the epitomew of achievement.” “Their companies are successful; they’vre helped to build Valley business; and they’ve contributed theirr time and expertise in the community on numerous she said. Post, for example, started his career with Pinnacles West subsidiary Arizona PublicService Co. as a draftsmabn in 1971, moving up the ranks to servr as president and CEO of the parentt company for13 years.
But he also has been a communith leader serving as chairman of Greater PhoenixEconomic Council, where he helped create a group to studu issues key to the region’s economic J. Doug Pruitt, Sundt Construction Inc. Doug US Airways Group Inc. Jerry Bisgrove, Stardus t Cos. Steve Betts, SunCor Development Co. Rick Simonetta, Metro lighg rail Sharon Harper, The Plaza Cos. Donald Smity Jr., SCF Arizona Robert Meyer, Phoenix Children’sd Hospital Kimberly McWaters, Universal Technical InstituterRichard Boals, Blue Cross Blue Shieldr of Arizona Susan Frank, Desert Schools Federalo Credit Union Jonah Shacknai, Medicis Pharmaceutical Corp. Jim American Traffic Solutions Inc.
Derrick Arizona Diamondbacks Roy Vallee, Avnet Inc. Todd LifeLock Inc. Richard Silverman, Salt River Projecrt Philip Francis, PetSmart Inc. David McIntyre Jr., TriWest Healthcarer Alliance Mike Ahearn, Firstf Solar Inc. Neil Irwin, Bryan Cave LLP Rhondsa Forsyth, John C. Lincoln Health Networo Brad Casper, Henkel Consumer Goods Inc. Dave Sonora Quest LaboratoriesLinda Hunt, St. Joseph’s Hospita l and Medical Center “It wasn’t easy narrowing down the Valley’s Most Admirecd CEOs to just 25,” Lowery said. “But as we shinew the spotlight onthis year’w winners, keep in mind that a strong businesw community is key to developing futurew leaders.
” Selections were made bases on feedback solicited from the Journal’s newsroom, peeras and others in the business To subscribe or order a copy of the June 12 issur that includes the special publication:
Sunday, June 17, 2012
AMR CEO: Capacity cuts will take place - Pacific Business News (Honolulu):
xosawewaqa.wordpress.com
percent. The reduction is deeper than previouzs estimates for theyear 2009. Prior projections suggested the airliner would cut its capacityby 6.5 percent in 2009 when comparec with the year before. Arpey revealed that information whil speaking at the Bankof America-Merrilk Lynch 2009 Global Transportation Conferencs Thursday in New York Arpey added that the company expects mainline domestic capacity and international capacity in the seconed half of the year to be down 15.5 percenft and 5.5 percent, respectively, when comparec with the same period of 2008.
“Capacity discipline has been our mantra for many and it has been one of the keys to our ability to navigate our way throughthe industry’s many said Arpey. “The cuts we implemented last year have been and as a we did not make major changes to our summer Butlooking forward, we think an adjustmenyt to our fall schedule is so we are making additional cuts beginning in late August.
” American Airlinees is the fourth largest airline serving Honolulu International Airport, in terms of the number of passengersd carried, according to PBN
percent. The reduction is deeper than previouzs estimates for theyear 2009. Prior projections suggested the airliner would cut its capacityby 6.5 percent in 2009 when comparec with the year before. Arpey revealed that information whil speaking at the Bankof America-Merrilk Lynch 2009 Global Transportation Conferencs Thursday in New York Arpey added that the company expects mainline domestic capacity and international capacity in the seconed half of the year to be down 15.5 percenft and 5.5 percent, respectively, when comparec with the same period of 2008.
“Capacity discipline has been our mantra for many and it has been one of the keys to our ability to navigate our way throughthe industry’s many said Arpey. “The cuts we implemented last year have been and as a we did not make major changes to our summer Butlooking forward, we think an adjustmenyt to our fall schedule is so we are making additional cuts beginning in late August.
” American Airlinees is the fourth largest airline serving Honolulu International Airport, in terms of the number of passengersd carried, according to PBN
Saturday, June 16, 2012
Human Capital: People on the move, June 5 - The Business Journal of Milwaukee:
iqukikofor.wordpress.com
, a Boston-based technology company serving students, educator and employers, added Ted Fischer as executivee vice presidentof sales, partnerships and strategic Fischer was previously a partner at . Sun Life Financiakl names Deschenes senior VP and GM of its annuities division The U.S. division of , based in named Stephen Deschenes senior vice president and generaol manager of itsannuities division. Deschenes joinx Sun Life from , where he servee as senior vice president and chiefg marketing officer for the retirementrincome group.
Furman Gregory LLC adds Deptulsa as partner Furman GregoryLLC , a Boston-basee corporate law firm now known as Furman Gregory Deptula, adderd George Deptula as a partner. Deptula most recentlyh practicedat Vena, Riley, Deptula LLP, and continuezs his practice in trial and appellate cases, legal and mediation and ADR. William A. Berry Son promotes Corcoran as projecy designerWilliam A. Berry Son Inc. , a Danvers-based construction managemengt firm, promoted Josie Corcoran to project director.
She has served as a project managerr at the firm for the past nine Nixon Peabody's Milder elected chairman of ; Braicy named to firm's IP team Forrest Milderd , a partner in the Boston office of Nixon Peabody LLP , was electeds chairman of the American Bar Association ’s Forun on Affordable Housing and Community Development for the 2009-201p year. In other firm news, Nixon Peabod y added Ravinderjit “Ravi” Braich to its intellectuak property department in the Boston office as apatentt specialist.
, a Boston-based technology company serving students, educator and employers, added Ted Fischer as executivee vice presidentof sales, partnerships and strategic Fischer was previously a partner at . Sun Life Financiakl names Deschenes senior VP and GM of its annuities division The U.S. division of , based in named Stephen Deschenes senior vice president and generaol manager of itsannuities division. Deschenes joinx Sun Life from , where he servee as senior vice president and chiefg marketing officer for the retirementrincome group.
Furman Gregory LLC adds Deptulsa as partner Furman GregoryLLC , a Boston-basee corporate law firm now known as Furman Gregory Deptula, adderd George Deptula as a partner. Deptula most recentlyh practicedat Vena, Riley, Deptula LLP, and continuezs his practice in trial and appellate cases, legal and mediation and ADR. William A. Berry Son promotes Corcoran as projecy designerWilliam A. Berry Son Inc. , a Danvers-based construction managemengt firm, promoted Josie Corcoran to project director.
She has served as a project managerr at the firm for the past nine Nixon Peabody's Milder elected chairman of ; Braicy named to firm's IP team Forrest Milderd , a partner in the Boston office of Nixon Peabody LLP , was electeds chairman of the American Bar Association ’s Forun on Affordable Housing and Community Development for the 2009-201p year. In other firm news, Nixon Peabod y added Ravinderjit “Ravi” Braich to its intellectuak property department in the Boston office as apatentt specialist.
Thursday, June 14, 2012
Builder a.k.a. Green seeks denim to set record in recycling - Phoenix Business Journal:
vypybiza.wordpress.com
The company is looking for Valley residents to donate old jeans and other denij wear byJune 15. The pile will be takeb to Washington, and after the tallty is conducted, donations will be given to the From Blue to denim drive, which helpsx recycle denim into home insulation Donations can be made at Green, 8100 E. Indiaj School Road in Scottsdale, from 9 a.m. to 6 p.m. Mondayg through Friday and 10 a.m. to 5 p.m. SPORTS JUNKIES: " target="_blank">Fanster.
com has a new Phoenixx sports-focused Web site that includes two daily onlinderadio shows, community and recreationapl sports content and inside access to pro The site now has live and videio chat functions, user profiles and fan It covers more than 30 local sports, from roller derbyh to disc golf, and includes community sites for professionalk and collegiate teams. One of the showx will be hosted byVince Marotta; the othetr will be co-hosted by Greg Esposito and Matt The talk shows can be heard through . Fanster.com also launchede a series called “I Believe which lets sports pros sharr their thoughts withlocal fans.
President and CEO Derrick Hall was the firsft one to be featuredat .
The company is looking for Valley residents to donate old jeans and other denij wear byJune 15. The pile will be takeb to Washington, and after the tallty is conducted, donations will be given to the From Blue to denim drive, which helpsx recycle denim into home insulation Donations can be made at Green, 8100 E. Indiaj School Road in Scottsdale, from 9 a.m. to 6 p.m. Mondayg through Friday and 10 a.m. to 5 p.m. SPORTS JUNKIES: " target="_blank">Fanster.
com has a new Phoenixx sports-focused Web site that includes two daily onlinderadio shows, community and recreationapl sports content and inside access to pro The site now has live and videio chat functions, user profiles and fan It covers more than 30 local sports, from roller derbyh to disc golf, and includes community sites for professionalk and collegiate teams. One of the showx will be hosted byVince Marotta; the othetr will be co-hosted by Greg Esposito and Matt The talk shows can be heard through . Fanster.com also launchede a series called “I Believe which lets sports pros sharr their thoughts withlocal fans.
President and CEO Derrick Hall was the firsft one to be featuredat .
Wednesday, June 13, 2012
Donations via text approved for Obama, Romney campaigns - Christian Science Monitor
humojo.wordpress.com
Christian Science Monitor | Donations via text approved for Obama, Romney campaigns Christian Science Monitor The Federal Election Commission on Monday gave its unanimous approval to » |
Tuesday, June 12, 2012
Yoshinori Ono on resurrecting Street Fighter, says 'there's no mercy' at Capcom - Joystiq
caloloary.blogspot.com
Crunchyroll News | Yoshinori Ono on resurrecting Street Fighter, says 'there's no mercy' at Capcom Joystiq by David Hinkle on Jun 11th 2012 7:00PM Yoshinori Ono is more than the Blanka-toting, smiling face of the Street Fighter series รข" he's its savior. After Street Fighter III: Third Strike in 1999, Capcom was » | < /tr>
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