Saturday, April 30, 2011
Quiksilver secures $150M term loan, posts 2Q profit - Austin Business Journal:
The Huntington Beach company ZQK) also posted second-quartetr earnings of $2.8 million. The five-yea r term loan with private-equity firm Rhoned was made toimprove Quiksilver's liquidity and solidify its bankingh relationships. As part of the terms of the loan, Quiksilver will name a pair of Rhonwe appointees to its boardof directors. Quiksilver also refinancer its credit facility with anew $200 million facility led by and . The companty is also in discussions with its French bankintg partners to consolidate its Europeabn debts into anew multi-year facility.
In the company'ds earnings report, the company swung to profitabilityy in thesecond quarter, posting the earninga of 2 cents a share, which includefd several one-time items. Without the items, the earnings per share wouls have been 5 centsa share. Analysgt estimates placed the earningsd at 9 centsa share. Sales dropped 17 coming in at $494.2 million. In the seconsd quarter a year ago, the company lost $206.2 or $1.59 a share, on sales of $596.3 million. That quarte included losses of $244.9 million from discontinuedr operations. Quiksilver is an apparel and accessories Its core brands are Roxyand DC.
A renewed focus on those core brands are the focud ofthe company's long-term plan to improve
Thursday, April 28, 2011
Dallas Movers All My Sons Moving Launches Social Networking Sites for Marketing on Facebook, Twitter and YouTube
These initiatives were developed by the ConsumerResources Department, whichu is tasked with developing and disseminating the information necessary to help consumers understandc the issues related with movinyg and support them in offerinhg resources to help them with their moving needs. The is strivinhg to make this the most effectivs consumer information knowledgebase provided by themovinbg industry. will use Twitter to keep peopl updatedon up-to-the-minute news and trends in the moving industry and other newsworthy postings. The Twitter functionz like a "mini blog" that offers movingh tips, packing tips and other informationj pertainingto moving.
will use Blogs to offet information on each All My Sons Corporate locations and to provide direct contact with thelocak . The Moving Company's YouTube Page is a greagt site for anyone looking to understand the fundamentals ofmovinhg services. The site offers a host of greatf video content featuring noted moving company experts acrossthe country. Last but not the moving company's Facebook Page will leverage all the interactivity Facebook and the Facebook wall have to Headquarteredin Dallas, TX, services 23 statesx nationwide. Founded in 1995 and beginning withone location, All My Sons Movin and Storage pioneered the concepy of providing a friend in the moving business.
All My Sons Movintg and Storage recently opened their first locationn inMexico City, taking their commitment to quality service for an affordable pricwe international. All My Sons Moving is also launching the site this year to show supporrt for theirlocal communities. More informatiom about All My Sons and its services can be obtained througbthe company's Web site at . Visit All My Sons Moving on Wikipedia at For career information go to the Caree site at Book with All My Sons Moving online today at Forgo to
Tuesday, April 26, 2011
High fuel prices underpin Uganda protests, test Museveni government - Christian Science Monitor
Christian Science Monitor | High fuel prices underpin Uganda protests, test Museveni government Christian Science Monitor Two months after Ugandan President Yoweri Museveni's decisive election victory, high fuel costs are prompting Ugandans to take to the streets, writes Ugandan journalist Rosebell Kagumire. Supporters of Uganda's opposition leader Kizza Besigye walk ... |
Saturday, April 23, 2011
Carl Edwards wins Nationwide race at Nashville - The Huntsville Times - al.com
The Huntsville Times - al.com | Carl Edwards wins Nationwide race at Nashville The Huntsville Times - al.com (AP) Carl Edwards and Kyle Busch are making the NASCAR Nationwide Series their own personal playground this season. The last five Nationwide races have been won by either Edwards or Busch. It was Edwards' turn on Saturday at Nashville Superspeedway as ... Edwards grabs fourth Nashville Nationwide win Edwards outruns Busch for Nashville Nationwide win Edwards outruns Busch for Nashville Nationwide win |
Thursday, April 21, 2011
Survey: Recession clips angel investments - Puget Sound Business Journal (Seattle):
Angel investment groups surveyed bythe Lenexa, Kan.-based association in Marc and April reported that averagd investment activity per group decreased by 9 percent in 2008 from though several angel groupx increased investments because they saw new opportunitiez during the recession, the association said in a Mondat release. According to surveu responses, the average number of investmentsa per groupwas 6.3, down aboutg 16 percent from 2007. Average group investment per deal in 2008 was up about 4 percent from the2007 average. Totakl funding per group in 2008averaged $1.77 million, down about 9 percent from $1.94 million in 2007.
The survey found that 40 percen t of angel groups expect overall investment to decrease agaib in 2009 andthat 53.8 percent expecrt the number and value of 2009 investments to be the same or greateer than in 2008. Almost 25 percent of angel groupds surveyed said that decreased company valuations and the high qualit y of investment opportunities mean they will more aggressivelu seek new dealsin 2009.
Nearly 54 percent of respondents said they plan toincreased co-investment activities with other angek groups, and roughly 33 percent said they would increase syndicationj with venture capitalists and individual “Heightened selectivity by angels and venturer capitalists has clearly amplified the financing challenge young venturesx are facing today, even at collapsed valuations,” ACA Chairmamn John Huston said in the release. Huston also is manager of in Ohio. “However, highly capital efficient startups that can reach cashflow break-evem with just a few million dollars of investment are havinv no trouble attracting capital,” he said.
“Outr member angels have prospered throughother downturns, but mentoriny portfolio entrepreneurs has never been more essentiap to their success.” is a 162-member trade association of angepl investment groups in North America.
Tuesday, April 19, 2011
Happy Patriots Day! New England to be Most Interesting NFL Draft Team - ChicagoNow (blog)
USA Today | Happy Patriots Day! New England to be Most Interesting NFL Draft Team ChicagoNow (blog) Which is especi » |
Saturday, April 16, 2011
Universities chase stimulus cash for shovel-ready projects - Houston Business Journal:
The tens of millions of dollars in grant proposalsw are targeting funding streams flowing down through the American Recoverty andReinvestment Act’s shovel-ready Universities faced with consecutiver years of funding cuts are angling to use the shovel-ready cash to catcy up on much-needed facility upgrades, build classrooms to handle the influz of students in need of re-trainintg or tackle big capital projects aimed at bolsteringb academics and research. The approach is twofold at , whicuh has seen its student population surgre by 12 percent in the past two due in part torising unemployment.
The college is seeking $45 million to build additional classroojm capacity on its three main campuses as well as to enhancde vocational training facilitiesin high-demand occupations, according to Ellynb Drotzer, director of the officed of grants development. The college wantse the cash, among other projects, to build out its and the Maroonew Automotive Program in Miramar to emphasizs curriculum on maintaining and repairing emerging green energg and hybrid systems in boatwsand cars.
It also wants to expandc classrooms foraviation training, including a facility to train a new generatioj of air traffic controllers, which are expectex to be in high demand in a few years to replace a wave of retirinb controllers, Drotzer said. “These are all shovek ready,” she said. “We have a history of traininf in technical trades an now we are looking to be responsived to providing curriculum in this new emerginf industry of green The ’s 18-member stimulus working group meetzs regularly to discuss opportunities and set a coursew to capture as much of the federal cash as possible.
So far, the schoool has more than 400 proposals seeking in excesof $350 million in funding. “Wew saw this as a very significanrt opportunity for the university and to do something for the saidRichard Bookman, vice provost of researcj at UM. Among the projects on the school’s shovel-readg wish list is a new $45 seawater research cente r at UM’s Rosenstiel School of Marinre and Atmospheric Science onVirginia Key, he said. The universityh is seeking $15 million from the and $15 million from the to help buildethe center, which will study sea creatures as well as the physics of waves on structures.
UM is also is submittinb proposals fora $15 millionh to $20 million addition to a scienc e building at its Coral Gables campus and a multi-stor research building at its medical school. has green technology and culinary trainingy onits shovel-ready submission list. The school is requesting help fundinga $22.7 millioj hospitality management center to housd a culinary arts school as well as $40 million for an extensivw renovation and upgrade to decades-old facilities at its north campus and $1.2 millioh for an and Technology. But by most accountsx competition for stimulus funds willbe fierce.
And specifif funding priorities from federal and statd allocatorsbeyond short-term projects that would create jobs quicklyg remains unclear, said Camille assistant VP and interim director of sponsoree research at . “They are not telling us what they arelooking for,” she But FAU is seekingy $4.5 million to help build out water reusd infrastructure at its newly opened, gold level Leadership in Energuy and and platinum level engineering building, slated to open in 2010.
The universityu also is seeking federal stimulusx funds to create a road connectodr system at its main campus off Gladees Road in Boca Raton and additional It also wants funding to put a greenh roof on its administration While the application process is infull UM’s Bookman doesn’t expect the winning projects to be announced until the fall.