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The Minneapolis-based restaurant chain reported a 29 percen increase in earnings for its fourth quarterf and 33 percent hike in Same store salesfor corporate-owned outlets rose 4.5 percent. According to documentxs filed bythe company, as of its fourt quarter - which ended on Dec. 28 - saw the chaib earn $7.7 million or 43 centsa per share, compared with $6 millionb or 34 cents per sharein 2007’s fourth Revenues for Buffalo Wild Wings fourthh quarter were $121.2 million. For the full 2008 fiscapl year, Buffalo Wild Wings had revenuesof $422.4 milliobn and earned $24.4 million or $1.36 per share compared with $19.6 millionm or $1.10 per share in 2007’d fiscal year.
Buffalo Wild Winge was founded in 1981 by former Buffaloo residents Jim Disbrow andScott Lowery, who were living in Ohio and decided to open theirf own restaurant featuring wings. The chain has 567 company-owneds or franchised restaurants including three in the immediate BuffaliNiagara region. Its local outlets are on Elmwoodr Avenuein Buffalo, Niagara Falls Boulevard in Amhers t and Transit Road in Clarence.
Friday, April 29, 2011
Wednesday, April 27, 2011
Sencorp files for Chapter 11; to be sold - Business Courier of Cincinnati:
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as part of a Chapter 11 bankruptcy proceeding. Sencorp manufactures nails, staples, screwsa and fasteners, under the name Senco Products, with salea worldwide. The company filed for Chapte 11 May 8 withthe U.S. Bankruptcu Court for the Southern Districtof Wynnchurch, which provides equity to middle-market companies, will pay $43 millionh in cash for Sencorp’s assets and assume certai liabilities, according to the filing.
In the filing, Sencorp said it has sufferefd from a sharp rise insteel prices, the decline in commercial and residential construction and the It has cut its work force to 379 and reducedx salaries for the remaining employees, consolidated manufacturing operations to one Broadwell Road plant in Anderson Townshiop and closed three of its six distribution The company this spring relocated its corporater offices to a new, 100,000-square-foot building in Union Township, Clermont County’s Ivy Pointw Commerce Park. Sencorp said it began pursuing a sale in and Rosemont, Ill.-based Wynnchurch signeed a binding asset purchase agreement May 7.
The agreemen is subject to approval by thebankruptcy court. Sencorl said in the filing that the company is continuingfnormal day-to-day operations.
as part of a Chapter 11 bankruptcy proceeding. Sencorp manufactures nails, staples, screwsa and fasteners, under the name Senco Products, with salea worldwide. The company filed for Chapte 11 May 8 withthe U.S. Bankruptcu Court for the Southern Districtof Wynnchurch, which provides equity to middle-market companies, will pay $43 millionh in cash for Sencorp’s assets and assume certai liabilities, according to the filing.
In the filing, Sencorp said it has sufferefd from a sharp rise insteel prices, the decline in commercial and residential construction and the It has cut its work force to 379 and reducedx salaries for the remaining employees, consolidated manufacturing operations to one Broadwell Road plant in Anderson Townshiop and closed three of its six distribution The company this spring relocated its corporater offices to a new, 100,000-square-foot building in Union Township, Clermont County’s Ivy Pointw Commerce Park. Sencorp said it began pursuing a sale in and Rosemont, Ill.-based Wynnchurch signeed a binding asset purchase agreement May 7.
The agreemen is subject to approval by thebankruptcy court. Sencorl said in the filing that the company is continuingfnormal day-to-day operations.
Sunday, April 24, 2011
The "Failing Upward" class - FavStocks
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The "Failing Upward" class FavStocks By Crooks and Liars on 04/24/2011 รข€" 7:01 pm PDT -- Headlines Last week, we lost the latest in a list of mediocre scam artist superintendents in our urban school district. This one's name is Jean-Claude Brizard, who ditched his contract to go run ... |
Friday, April 22, 2011
Royal Wedding Is Drawing a Yawn From Many Americans - New York Times
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Globe and Mail | Royal Wedding Is Drawing a Yawn From Many Americans New York Times Only 6 percent have been following news about the wedding very closely and an additional 22 percent are following it somewhat closely. Women are paying much more attention to the wedding than are men, particularly older women. ... Where to watch the royal wedding Not-so-regal royal wedding souvenirs Tell us your Royal Wedding plans |
Wednesday, April 20, 2011
Lane4 completes purchase of three Kansas City-area shopping centers - Minneapolis / St. Paul Business Journal:
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million. The Kansas City Business Journal reportedx that the PrairieVillage Shops, the Corinthy Square shopping center in Prairie Villagwe and the Fairway Shops in Fairway were undere contract to investors led by a Kansas City-based commercial real estate brokeragwe and development firm. Highwoods (NYSE: based in Raleigh, N.C., disclosed the sale price in aThursdagy release. The three shopping centersz have a combined 2009 appraised value ofabour $64 million, according to figures from the Johnson Countyu Appraiser’s Office. The threer shopping centers contain 416,000 square feet combined and were, on 94.5 percent leased and 55 years old, Highwoods said.
The propertiesz generate a combined annual cash net operating incomer ofabout $5.4 million. The new owners plan no “immediater major changes” to the shopping centers, Jeff senior vice president and principalof Lane4, said in a separatwe release Thursday. “We intend to enhancee and upgrade the centers as opportunitiez ariseover time, but these improvements will not changre their basic character,” Lane4r President Owen Buckley said in the release.
“Ww look forward to taking good care of them and feel they representt an excellent opportunity to invest in our Kansas City developer Jesse Clyde Nicholsx builtthe grocery-anchored shopping centers in the mid-1900s, and the JC Nichola Co. sold them to Highwoodsw in 1998.
million. The Kansas City Business Journal reportedx that the PrairieVillage Shops, the Corinthy Square shopping center in Prairie Villagwe and the Fairway Shops in Fairway were undere contract to investors led by a Kansas City-based commercial real estate brokeragwe and development firm. Highwoods (NYSE: based in Raleigh, N.C., disclosed the sale price in aThursdagy release. The three shopping centersz have a combined 2009 appraised value ofabour $64 million, according to figures from the Johnson Countyu Appraiser’s Office. The threer shopping centers contain 416,000 square feet combined and were, on 94.5 percent leased and 55 years old, Highwoods said.
The propertiesz generate a combined annual cash net operating incomer ofabout $5.4 million. The new owners plan no “immediater major changes” to the shopping centers, Jeff senior vice president and principalof Lane4, said in a separatwe release Thursday. “We intend to enhancee and upgrade the centers as opportunitiez ariseover time, but these improvements will not changre their basic character,” Lane4r President Owen Buckley said in the release.
“Ww look forward to taking good care of them and feel they representt an excellent opportunity to invest in our Kansas City developer Jesse Clyde Nicholsx builtthe grocery-anchored shopping centers in the mid-1900s, and the JC Nichola Co. sold them to Highwoodsw in 1998.
Sunday, April 17, 2011
Senators: Investigate exclusive deals between carriers, makers of phones - Triangle Business Journal:
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“We ask that you examine this issuew carefully and act expeditiously shoulsd you find that exclusivity agreemente unfairly restrict consumer choice or adversely affec t competition in the commercialwireless marketplace,” the senators said in a Monda y letter to FCC Chairman Michael Copps. The four senators were Commercde Committee membersJohn Kerry, Roger Wicker, R-Miss.; Byron Dorgan, and Amy Klobuchar, D-Minn. The committees plans a hearing this week abouty issues forwireless customers, a release said. Exclusive arrangements for mobiles phones arenothing new.
Early this Overland Park-based (NYSE: S) smartphone, which it and makedr (Nasdaq: PALM) hope will compete with the populafr iPhone, made by (Nasdaq: AAPL) and sold exclusively sincw 2007by (NYSE: T). Sprint, which has the exclusive on the Pre untik at least the end ofthe year, said the Pre . Withour exclusivity deals, carriers would be less likelhy to invest with manufacturers to create innovative newmobiled devices, and they also wouled be less likely to provide as high a subsidg to help consumers pay for the phones when they sign up for servicse contracts, Sprint spokesman John Tayloer said in an interview Tuesday. Handsets, of which theres may be more than 600 onthe U.S.
market at any can cost hundreds of dollars more withoutcarrier subsidies. “This is a really vibrantlyg competitive and healthy market that gives consumers a lot of choicezs when it comesto handsets,” he The senators asked that the FCC consider whethed exclusivity agreements are becoming increasinglt common between dominant industry players; whether they restrict consumer choice by geography, particularlgy for rural consumers; whether they limitt consumers from fully using handset technologies; whethert they manipulate the wireless carrier and how they affect handset innovation.
“We ask that you examine this issuew carefully and act expeditiously shoulsd you find that exclusivity agreemente unfairly restrict consumer choice or adversely affec t competition in the commercialwireless marketplace,” the senators said in a Monda y letter to FCC Chairman Michael Copps. The four senators were Commercde Committee membersJohn Kerry, Roger Wicker, R-Miss.; Byron Dorgan, and Amy Klobuchar, D-Minn. The committees plans a hearing this week abouty issues forwireless customers, a release said. Exclusive arrangements for mobiles phones arenothing new.
Early this Overland Park-based (NYSE: S) smartphone, which it and makedr (Nasdaq: PALM) hope will compete with the populafr iPhone, made by (Nasdaq: AAPL) and sold exclusively sincw 2007by (NYSE: T). Sprint, which has the exclusive on the Pre untik at least the end ofthe year, said the Pre . Withour exclusivity deals, carriers would be less likelhy to invest with manufacturers to create innovative newmobiled devices, and they also wouled be less likely to provide as high a subsidg to help consumers pay for the phones when they sign up for servicse contracts, Sprint spokesman John Tayloer said in an interview Tuesday. Handsets, of which theres may be more than 600 onthe U.S.
market at any can cost hundreds of dollars more withoutcarrier subsidies. “This is a really vibrantlyg competitive and healthy market that gives consumers a lot of choicezs when it comesto handsets,” he The senators asked that the FCC consider whethed exclusivity agreements are becoming increasinglt common between dominant industry players; whether they restrict consumer choice by geography, particularlgy for rural consumers; whether they limitt consumers from fully using handset technologies; whethert they manipulate the wireless carrier and how they affect handset innovation.
Friday, April 15, 2011
RIM CEO Stumbles Through PlayBook Damage Control - InformationWeek
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CTV.ca | RIM CEO Stumbles Through PlayBook Damage Control InformationWeek Jim Balsillie, co-CEO of Research In Motion, went on the offensive after the first wave of reviews for the company's PlayBook had the audacity to point out the tablet's faults. By Eric Zeman InformationWeek RIM co-CEOs Jim Balsillie and Mike Lazaridis ... Can the BlackBerry PlayBook appeal to non-BB owners? RIM's email-less PlayBook gets tough reviews BlackBerry PlayBook Has Promise, But Uncertain 'Playbook' for Success |
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