Tuesday, August 30, 2011

Quiksilver secures $150M term loan, posts 2Q profit - Dallas Business Journal:

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The Huntington Beach company (NYSE: ZQK) also poster second-quarter earnings of $2.8 million. The five-year term loan with private-equityg firm Rhone was made toimprove Quiksilver's liquidity and solidift its banking relationships. As part of the termsd of the loan, Quiksilver will name a pair of Rhonee appointees to its board of Quiksilver also refinanced its credit facility with anew $200 million facility led by and . The compangy is also in discussions with its French bankinvg partners to consolidate its Europeanh debts into anew multi-year facility.
In the company's earningsd report, the company swung to profitability in thesecondd quarter, posting the earnings of 2 cent a share, which included several one-time items. Withou t the items, the earnings per share would have been 5 centdsa share. Analyst estimates placecd the earnings at 9 cents a Sales dropped17 percent, coming in at $494.2 In the second quarter a year ago, the companyh lost $206.2 million, or $1.59 a share, on sale of $596.3 million. That quarter included losses of $244.i9 million from discontinued operations. Quiksilver is an appareo and accessories company. Its core brands are Quiksilver, Roxy and DC.
A renewe focus on those core brandse are the focus ofthe company's long-termn plan to improve

Sunday, August 28, 2011

Vermonters urged to prepare for effects of Hurricane Irene - vtdigger.org

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WHDH-TV


Vermonters urged to prepare for effects of Hurricane Irene

vtdigger.org


by Press Release | August 25, 2011 MONTPELIER รข€" Gov. Peter Shumlin today reiterated that Hurricane Irene is currently heading for the United States and is expected to make landf »

Friday, August 26, 2011

Census: American Internet use surges - Business First of Louisville:

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That's according to a report released Wednesday bythe , whicnh also shows that 62 percent of the nation'sz households report using the Internet at home in 2007, an 18 percent increase from 1997. Among households usinfg the netin 2007, 82 percent reported using a high-speedr connection, and 17 percent used a dial-up connection. “Asz access to high speed connections have become more so too have the number of people that connectr to the Internet at saidThom File, a statisticiam with the Census Bureau Housing and Household Economiv Statistics Division.
“These data give us a better understanding of who is using the Internet and from New Hampshire had the highest rate of Interne use for those age three and older in 2007 at 82 Mississippi and West Virginia had the lowestr rates of use at about 52 Internet usage also varied by educationand race. For individuale 25 and older witha bachelor’s 87 percent reported going online from some locationj in 2007. About half (49 percent) of those with only a high schookl diploma reported usingthe Internet, comparecd with 19 percent for those without a high schoo diploma. Meanwhile, 69 percent of whites lived in householdes withInternet use.
The same was true for 51 percenrtof blacks, 73 percent of Asians and 48 percent of Hispanics.

Wednesday, August 24, 2011

Apple stock down on new iPhone, but no Jobs - Austin Business Journal:

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The stock finished tradinb at $143.85, down 0.57 percent, after beinvg down as more than 3 percent earlier inthe day. Speculation ahead of the San Francisco eventr centered on if CEO Steve Jobs would make his firstg appearance since taking medica l leave earlier this year and whether the company woul d unveil its nextgeneration iPhone. Jobs didn't make an appearance, but Bloomberg News citeed unnamed sources Monday who said that he had been activel y involved inthe company's preparation for Monday'sd conference. The new iPhone is nearly threr times faster to download Web page and comesd witha 3-megapixel autofocuxs camera.
It also has voice-control features and a built-in The 3GS also has improvec battery life with up to nine hourszon WiFi, 10 hours while watching video, 30 houre using audio, 12 hours using 2G talk and five houras using 3G talk. It also featurese a new built-in digital compass for instanty navigation. The new iPhone, available in blackj and white onJune 19, will sell for $199 for a 16GB modek and $299 for — New versions of the MacBooik Pro. A 15-inch version that starts at $1,699, a lower-priced 17-inch that starts at $2,499 and a 13-inch versiob that starts at $1,199.
— Lower prices for the MacBook Air ultra-thin line, cutting $700 off the 128Gg model to $1,799 and cuttingv $300 off the base model at — A new version of the Mac operating Snow Leopard, that is faster to install and takese up 6 gigabytes less hard drivw space. The new operating system comes with a new version of the Safari Web browser that Apple says is more robusr and faster thanprevious — New iPhone softwarr including ability to cut and pastee data and an alert feature that helps usersx find their device or remotely wipe its memort clean if it gets stolen and late restore it using an iTunes backup.
Applde said at the conference that it has now sold more than 40 millio iPhones and iPod Touches and that userds of the devices have a choicre of morethan 50,000 softwared applications they can download.

Monday, August 22, 2011

Ketera Technologies, Inc. Company Profile | Company Information

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Ketera Technologies is the leading provider of on demand spenrmanagement solutions, providing companies with the applications and service s needed to control and reduce corporatde spending at a low cost of ownership. Ketera's mission is to providre a competitive advantage bydelivering bottomm

Friday, August 19, 2011

Albany to spend $1M in stimulus on housing - The Business Review (Albany):

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plans to spend nearly $1 millionn in federal economic stimulus money on improvingthe city’x housing stock and training peoplre to do lead abatement. Mayof Jerry Jennings said the city will spendaboutr $546,000 to demolish 12 to 14 blighted buildings throughoutg the city and stabilize two historicf structures in the Arbor Hill neighborhood. Aboutf $400,000 will be spent on renovating anabandoned three-story buildinh on Morton Avenue and a property on North Swan Street, in conjunctioh with the Albany Housing Authority. Both buildings have been vacan formany years. The city will also spend up to $50,00 to train and certify about 30 peoples to dolead abatement.
They will then be eligibl e to bid on lead abatemen t projects inthe city. The trainingy will be done by the . “These projects meet the intenf of the American Recoverty and Reinvestment Act and our neighborhoodplanningy efforts,” Jennings said. “By leveragintg these resources and addressingf abandonment inour community, our quality of life will improve.”

Wednesday, August 17, 2011

Phoenix concert lineup: Beyonce at US Airways Center, U2 at UOP - Orlando Business Journal:

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US Airways Center in downtown Phoenixs will play host to concerts by Beyonce on July 7 and Greemn Dayon Aug. 22. Ringling Brothersw Barnum & Bailey Circuse will be at the center from June 24to 28. June also markws the start of the Women’es National Basketball Association 2009 season giving the Phoenizx Mercury at string ofdates there. Phoenix’w Dodge Theater concerts rangefrom Jay-Z on July 2 to The Fray and Jack’es Mannequin on July 14. Across town in Glendale, University of Phoenix Stadium willhost U2’s latesr U.S. tour on Oct 20. “American winner Kris Allen and runner-up Adam Lamberyt will join other finalistsat Jobing.com Arena on July 20.
Teen pop idole the Jonas Brothers willplay Jobing.com on Aug. 11. Cirques du Soleil will be at the Glendalee hockey arena July 29to Aug. 2. The summerf concert lineup at Cricket Wireless Pavilion in west Phoenix includesthe Van’sw Warped Tour June 30, Marilyn Manson and Slayetr on July 17 and Def Leppard on Aug. 29. Pop band Lifehous will perform after the June 13 Arizona Diamondbackws game at Chase TicketmasterEntertainment Inc. (Nasdaq:TKTM) reportedx earlier this month that concert sales were down 9 percentf for the first quarte of 2009 comparedto 2008. West Hollywood, Calif.-based Ticketmastet said sports ticket saleds were down 7 percent in the quarterly comparison.
US Airways Center would not disclosd information aboutticket demand. Scott spokesman for the University of Phoenix Stadium, said economic and consumer worries impact but not all events. “Wed have not seen it affect ourU2 show, but I believee that is partly due to the relativelg low ticket prices for the show,” he said. Tickets to the U2 concergt runfrom $30 to $250. “We have soccerr on July 12 and monster truckdson Aug. 1, which are both walk-u type events, so I guess we will Norton said. “I think the key these days is pricing eventr tickets based on what the current marketfwill bear.
You cannot expect consumers to pay forlike entertainment, if your competitors are offerinfg family four packs, buy one-get ones, etc. Just like the real estater market, it’s got to be priced to sell if you expecyit to.” Business owners and other consumers say the more frugal ways include spending on trips and specialp events. “We have definitely tried to cut back,” said Judy a chef and owner of the Simply Impressive Cookingg Schoolin Mesa. “Ourd 30th anniversary is June 16. We were going to go away for a long but after the water heaters broke and otherthings hit, we just decidee not to spend money on the hotel.
” Othersx continue to spend on concerts they deem special. “An artist we had wanted to see last Octobefr came to town finally this past Although the concert sold out quicklythat didn’r stop me from getting tickets (through Stub Hub) for my daughterr and I to see Taylor Swift,” said Nancy community relations manager at Kyrene School Districyt in Tempe. “It was worth it she put on a great show. Plus we went out to dinne r at Westgate prior tothe event,” she said. “Wse met my cousin and his wife and their two young girlsthere … they have gone to the Cheetanh Girls, Taylor Swift and will be attendintg Jonas Brothers come August.
I think we do the big eventxs because we knew it would be a greayt experience withour children.”