Globe and Mail | Naphtha Margins Climb on Outlook for China's Rising Demand: Oil Products Bloomberg Asia naphtha margins rose for a second week on optimism that petrochemical demand in China will remain strong. ... Oil up in Asian trade on demand expectations Crude Hurt By Low Gasoline Demand OIL FUTURES: Crude F » |
Friday, December 17, 2010
Naphtha Margins Climb on Outlook for China's Rising Demand: Oil Products - Bloomberg
pmkathleen-comregional.blogspot.com
Tuesday, December 14, 2010
MLB's Flush Foursome Show East Coast Spending Still Knows No Bounds - FanHouse
soileauifyyfa1786.blogspot.com
CBC.ca | MLB's Flush Foursome Show East Coast Spending Still Knows No Bounds FanHouse The Phillies, meanwhile have become the Yankees and Red Sox of the National League, flush with money and willing and able to spend heavily on not only ... Braves again watch while Phillies sign Lee, spend millions Braves, Now Phillies Spend To Win SPEAKING OF SPORTS: A Yankee loss is an MLB win |
Sunday, December 12, 2010
Top retailers located in Tampa Bay mean big numbers for real estate - Tampa Bay Business Journal:
mesiaipuhuni1981.blogspot.com
A survey released last month by the of morethan 3,0090 mall managers and marketing directorsa in the United States and Canad chose , , , and Steve & Barry's University Sportswear as the retailers to keep an eye on this With the exception of Steve Barry's, the retailers appeal to upscale consumers -- the kind that are drivingb growth in the Tampa Bay And all but Steve & Barry's have a presenc e here. The big winner is , wher three of the four hottest retailersare located. The Apple store is the only one in the Bay and Coach can only be founde there and at Westfield Southgatein Sarasota. For International Plaza is one of four locations inthe area.
Havingv those shops under one roof "brings together the synergy that consumers in Tamp a Bay havebeen missing," said Aj GM of International Plaza. Williams-Sonomq also has locations in Old Hyde Park Westfield Citrus Park andWestfield Southgate, while White House/Black Marke is in Old Hyde Park Village, Baywalk in St. Petersburt and on St. Armand's Circle in Sarasota. Davidr Conn, senior VP for retail services atin Tampa, said of the four upscale "If you could land them in one of your malls, it says somethingh about your malls." For a long time, the Tampa Bay area wasn'g considered wealthy enough to attract high-end retailers such as and .
"Oned day we crossed that magic Conn said. Retailers "look for some magidc number, which they think means there is enougg money out there to supporttheirt stores." Once an area lands one or two high-en d retailers, it is likely to attract more. "There'as a herd mentality," Conn said. For the Tampa Bay area, the boominyg population and the creationof well-payingh jobs are drawing such retailers, he James West, senior VP for real estat for White House/Black Market, said the retailer, which is a subsidiart of Fort Myers-based , "opens in markets with high growth potentiall and a demographic profile that fits a similar profile to our target customer.
" That target shoppefr is 25 to 50 years old and likexs feminine and unique clothing sold in a boutiqued atmosphere. Pat Westerhouse, GM of Old Hyde Park Village, said Whitew House/Black Market and Williams-Sonoma are both "destinationh stores" that draw shoppers to the center. Williams-Sonoma was one of the originaol tenants ofthe center, which opened in and has expanded twice sinced that time. Its first shop was about 2,500 or 3,000 squars feet. In October, the companu moved to a 6,500-square-foot site in a cornet of what once wasdepartment store. story," Westerhousee said.
The closest Steve & Barry's is located in Orlando, and the retailer, which offerss low-cost college sweatshirts and similar apparel, tends to move into mallx that have lost ananchore tenant, Conn said. Although he hasn' heard talk of Steve Barry's coming to the Bay Conn said a likely location wouldr beUniversity Mall, wherd JC Penney has announced it will close and move to the Shopx at Wiregrass, being built in Pasco County.
One of the next entriex into the Tampa Bay area retaiol scene will be Lakeside Villaged insouthwest Lakeland, which is scheduled to open in The shopping and entertainment center will have the firsg 's department store in the area and will also brinv businesses like Chico's, , , Macaroni Grill and Lee Roy Selmon'sd to Polk County, said Steve Scruggs, executive directo r of the . "The Polk Countt market hasn't had a lot of upscal national retailers," Scruggs said. "Most of the people that have had the wherewithakl to be able to shop at those typess of locations have been traveling back and forthb to Tampa andOrlando forever.
" That means an estimatef $300 million to $400 millioh in retail sales is beingg spent annually outside the Once the $80-million, 630,000-square-foot project is completed, "it will give us the opportunit to capture some of that," Scruggd said.
A survey released last month by the of morethan 3,0090 mall managers and marketing directorsa in the United States and Canad chose , , , and Steve & Barry's University Sportswear as the retailers to keep an eye on this With the exception of Steve Barry's, the retailers appeal to upscale consumers -- the kind that are drivingb growth in the Tampa Bay And all but Steve & Barry's have a presenc e here. The big winner is , wher three of the four hottest retailersare located. The Apple store is the only one in the Bay and Coach can only be founde there and at Westfield Southgatein Sarasota. For International Plaza is one of four locations inthe area.
Havingv those shops under one roof "brings together the synergy that consumers in Tamp a Bay havebeen missing," said Aj GM of International Plaza. Williams-Sonomq also has locations in Old Hyde Park Westfield Citrus Park andWestfield Southgate, while White House/Black Marke is in Old Hyde Park Village, Baywalk in St. Petersburt and on St. Armand's Circle in Sarasota. Davidr Conn, senior VP for retail services atin Tampa, said of the four upscale "If you could land them in one of your malls, it says somethingh about your malls." For a long time, the Tampa Bay area wasn'g considered wealthy enough to attract high-end retailers such as and .
"Oned day we crossed that magic Conn said. Retailers "look for some magidc number, which they think means there is enougg money out there to supporttheirt stores." Once an area lands one or two high-en d retailers, it is likely to attract more. "There'as a herd mentality," Conn said. For the Tampa Bay area, the boominyg population and the creationof well-payingh jobs are drawing such retailers, he James West, senior VP for real estat for White House/Black Market, said the retailer, which is a subsidiart of Fort Myers-based , "opens in markets with high growth potentiall and a demographic profile that fits a similar profile to our target customer.
" That target shoppefr is 25 to 50 years old and likexs feminine and unique clothing sold in a boutiqued atmosphere. Pat Westerhouse, GM of Old Hyde Park Village, said Whitew House/Black Market and Williams-Sonoma are both "destinationh stores" that draw shoppers to the center. Williams-Sonoma was one of the originaol tenants ofthe center, which opened in and has expanded twice sinced that time. Its first shop was about 2,500 or 3,000 squars feet. In October, the companu moved to a 6,500-square-foot site in a cornet of what once wasdepartment store. story," Westerhousee said.
The closest Steve & Barry's is located in Orlando, and the retailer, which offerss low-cost college sweatshirts and similar apparel, tends to move into mallx that have lost ananchore tenant, Conn said. Although he hasn' heard talk of Steve Barry's coming to the Bay Conn said a likely location wouldr beUniversity Mall, wherd JC Penney has announced it will close and move to the Shopx at Wiregrass, being built in Pasco County.
One of the next entriex into the Tampa Bay area retaiol scene will be Lakeside Villaged insouthwest Lakeland, which is scheduled to open in The shopping and entertainment center will have the firsg 's department store in the area and will also brinv businesses like Chico's, , , Macaroni Grill and Lee Roy Selmon'sd to Polk County, said Steve Scruggs, executive directo r of the . "The Polk Countt market hasn't had a lot of upscal national retailers," Scruggs said. "Most of the people that have had the wherewithakl to be able to shop at those typess of locations have been traveling back and forthb to Tampa andOrlando forever.
" That means an estimatef $300 million to $400 millioh in retail sales is beingg spent annually outside the Once the $80-million, 630,000-square-foot project is completed, "it will give us the opportunit to capture some of that," Scruggd said.
Thursday, December 9, 2010
Investment returns slow Cinti. Financial earnings - Business Courier of Cincinnati:
http://www.uctxs.com/infusions/theme_database/fusion-themes.html
The company posted fourth-quarter net income of $161 or 99 cents per share, comparexd to $187 million, or $1.11 per in fourth-quarter 2007. Total revenues rose 4.2 to $1 billion from $977 million. Analysts, on had expected operating incom of 55 centsper share, comparedf to Cincinnati Financial's 57 centsx per share for the fourth quarter, and revenues of $916 For the full year, Cincinnatio Financial reported net income of $429 million, or $2.62 per down almost 50 percent from $855 million, or $4.987 per share, in 2007. Total revenuew rose to $3.8 billion from $4.3 billion. The drop in investmenrt income – down 20.5 percent for the quarte and 11.
6 percent for the year contributed tolower profits. Cincinnati Financial, on Feb. 2, its stoclk in (NASDAQ: FITB). The insurerd had once been thebanking company’es largest shareholder. “As we stated on we’re working on a variety of initiatives, includintg the repositioning of ourinvestment portfolio, to preserve our capitalp strength and liquidity,” said Kenneth Stecher, president and CEO, in a news The company is focusing on upgradinh information technology systems for its commercial and personal lines, as well as expanding its geographi c footprint and adding more Stecher added. The property casualtyg combined ratiowas 98.9 percent for the quartee and 100.
6 percent for the Shares of Cincinnati Financial (NASDAQ: lost 29 cents, to $21.73, in Thursday afternoonj trading. Cincinnati Financial, headquartered in Fairfield, offerx commercial, personal and life insurance products in theUniteds States.
The company posted fourth-quarter net income of $161 or 99 cents per share, comparexd to $187 million, or $1.11 per in fourth-quarter 2007. Total revenues rose 4.2 to $1 billion from $977 million. Analysts, on had expected operating incom of 55 centsper share, comparedf to Cincinnati Financial's 57 centsx per share for the fourth quarter, and revenues of $916 For the full year, Cincinnatio Financial reported net income of $429 million, or $2.62 per down almost 50 percent from $855 million, or $4.987 per share, in 2007. Total revenuew rose to $3.8 billion from $4.3 billion. The drop in investmenrt income – down 20.5 percent for the quarte and 11.
6 percent for the year contributed tolower profits. Cincinnati Financial, on Feb. 2, its stoclk in (NASDAQ: FITB). The insurerd had once been thebanking company’es largest shareholder. “As we stated on we’re working on a variety of initiatives, includintg the repositioning of ourinvestment portfolio, to preserve our capitalp strength and liquidity,” said Kenneth Stecher, president and CEO, in a news The company is focusing on upgradinh information technology systems for its commercial and personal lines, as well as expanding its geographi c footprint and adding more Stecher added. The property casualtyg combined ratiowas 98.9 percent for the quartee and 100.
6 percent for the Shares of Cincinnati Financial (NASDAQ: lost 29 cents, to $21.73, in Thursday afternoonj trading. Cincinnati Financial, headquartered in Fairfield, offerx commercial, personal and life insurance products in theUniteds States.
Tuesday, December 7, 2010
Conference Board's U.S. employment index edges up in May - Denver Business Journal:
http://www.national1031.com/subsidiaries/trans/index-06-04-05-30-09.html
The organization’s Employment Trends Indexd was 89.9, up 0.2 percen from 89.7 in April and down from 113 in May The Conference Boardsaid Monday. The indes number is relative to 100for 1996. “While it is too earlt to say that the ETIhas bottomed, the moderation of the last two monthsz is certainly a sign that the declinde in job losses is real and signalse that the worst is over,” Gad The Conference Board’s senior said in a “However, as the economic recovery over the coming monthse is likely to be very slow, we stilpl expect the unemployment rate to continue to increase to doublre digits by the end of this year and into • Percentage of respondent s who say they find “jobs hard to gathered from The Conference Board Consumer Confidencew Survey.
• Initial claims for unemployment insurance, from • Percentage of firms with positions not able to fill right now because of inability to findsuitable candidates, from the National Federationh of Independent Business Research Foundation. • Numbef of employees hired by the temporary-help from the . • Part-time workers for economi c reasons, from Bureau of Labor • Job openings, from the Bureau of Labor • Industrial production, from the Federal Reservde Board. • Real manufacturing and trader sales, from the U.S. Bureau of Economic Analysis. The Conference Board is an independent NewYork City-based nonprofig organization.
The organization’s Employment Trends Indexd was 89.9, up 0.2 percen from 89.7 in April and down from 113 in May The Conference Boardsaid Monday. The indes number is relative to 100for 1996. “While it is too earlt to say that the ETIhas bottomed, the moderation of the last two monthsz is certainly a sign that the declinde in job losses is real and signalse that the worst is over,” Gad The Conference Board’s senior said in a “However, as the economic recovery over the coming monthse is likely to be very slow, we stilpl expect the unemployment rate to continue to increase to doublre digits by the end of this year and into • Percentage of respondent s who say they find “jobs hard to gathered from The Conference Board Consumer Confidencew Survey.
• Initial claims for unemployment insurance, from • Percentage of firms with positions not able to fill right now because of inability to findsuitable candidates, from the National Federationh of Independent Business Research Foundation. • Numbef of employees hired by the temporary-help from the . • Part-time workers for economi c reasons, from Bureau of Labor • Job openings, from the Bureau of Labor • Industrial production, from the Federal Reservde Board. • Real manufacturing and trader sales, from the U.S. Bureau of Economic Analysis. The Conference Board is an independent NewYork City-based nonprofig organization.
Saturday, December 4, 2010
Legislator wants Nixon to cut stimulus money for Kokam battery plant - Houston Business Journal:
buunamula-fastest.blogspot.com
Kokam’s , to be dubbed Summir Battery Park, would employ an estimated 900 people with averagr annual salariesof $40,000. Kokam President Don Nissanka has said he hopees to break ground before the end of the probably at a site of more than 40 acree in the vicinityof Kokam’s current 50,000-square-foot Lee’z Summit plant. Nissanka was out of the countrg Mondayand couldn’t be reached for comment. Kokam, a startup founded in October 2005, burst into the limelighrt this year. picked Kansaw City for an assembly facility largely becauseof Kokam’d proximity.
And with federal stimulus dollars and statr moneyseeking advanced-battery-makers, a joint venture involving Kokaj landed a commitment in April of nearly $145 milliom in incentives from Michigan to build a battery plant therr that’s similar to the one plannef locally. The group also applied for federal stimulus money. Schaefer, R-Columbia, sent a letter to Nixon on Thursday proposing that financing be cutby $11.5 million combined for Kokam’d Lee’s Summit plant and another battery plant in Joplin to help preserves $31.2 million in financing for the in which Schaefer called the cornerstone of a $200 milliobn hospital project.
“Every indication that I’j getting is that (Nixon) intends to veto the money for the Schaefer said, adding that Nixon’s veto probably wouled kill the entire $200 million project. “Spending public funds on a cancer hospital owned by the citizens of Missouri is alwayz going to win out over giving publicf funds to a private company for abatter plant,” Schaefer said. “Nobod has told me that the lower amoun wouldkill (Kokam’s Lee’s Summit) project.” Nixon spokesmamn Scott Holste said the governor will have an announcementt about the budget bill before June 30, the end of Missouri’sw fiscal year.
Nixon and his staff have been reviewinb the budgetbill “line by line to determine what the stat e can afford,” Holste said, and they want to keep centrao services in place. Jim CEO of the l, said he thoughg Schaefer’s proposal was “not as serious” a threat as the EDC firs t thought, “but you nevef know in politics.” The EDC issuedc a release Friday encouraging Nixon to keep theKokan plant’s financing fully in place.
Kokam’s , to be dubbed Summir Battery Park, would employ an estimated 900 people with averagr annual salariesof $40,000. Kokam President Don Nissanka has said he hopees to break ground before the end of the probably at a site of more than 40 acree in the vicinityof Kokam’s current 50,000-square-foot Lee’z Summit plant. Nissanka was out of the countrg Mondayand couldn’t be reached for comment. Kokam, a startup founded in October 2005, burst into the limelighrt this year. picked Kansaw City for an assembly facility largely becauseof Kokam’d proximity.
And with federal stimulus dollars and statr moneyseeking advanced-battery-makers, a joint venture involving Kokaj landed a commitment in April of nearly $145 milliom in incentives from Michigan to build a battery plant therr that’s similar to the one plannef locally. The group also applied for federal stimulus money. Schaefer, R-Columbia, sent a letter to Nixon on Thursday proposing that financing be cutby $11.5 million combined for Kokam’d Lee’s Summit plant and another battery plant in Joplin to help preserves $31.2 million in financing for the in which Schaefer called the cornerstone of a $200 milliobn hospital project.
“Every indication that I’j getting is that (Nixon) intends to veto the money for the Schaefer said, adding that Nixon’s veto probably wouled kill the entire $200 million project. “Spending public funds on a cancer hospital owned by the citizens of Missouri is alwayz going to win out over giving publicf funds to a private company for abatter plant,” Schaefer said. “Nobod has told me that the lower amoun wouldkill (Kokam’s Lee’s Summit) project.” Nixon spokesmamn Scott Holste said the governor will have an announcementt about the budget bill before June 30, the end of Missouri’sw fiscal year.
Nixon and his staff have been reviewinb the budgetbill “line by line to determine what the stat e can afford,” Holste said, and they want to keep centrao services in place. Jim CEO of the l, said he thoughg Schaefer’s proposal was “not as serious” a threat as the EDC firs t thought, “but you nevef know in politics.” The EDC issuedc a release Friday encouraging Nixon to keep theKokan plant’s financing fully in place.
Thursday, December 2, 2010
Fred
http://hrkropp.com/article/Tough-Sell--Realtor-com-Increases-Rates.html
The Memphis-based discount retailer reported salexsof $134.7 million for May, down 6 percenrt compared to sales of $143.4 million in May 2008. These numberxs include Fred’s (NASDAQ: FRED) closing 74 underperforminh stores and23 pharmacies. Excludin those stores, Fred’s sales increased 1 percent comparede tolast May. Comparable storde sales in Mayrose 0.2 percent, down compared to 3.4 percent in the same perioe last year. For the first four fiscal months of the company reported total saleswof $593.1 million, down 2.4 percentr compared to $607.7 million for the same year-agoo period.
However, excluding stores closed in 2008, salee from ongoing stores increased 4 percenyt compared to thesame four-month period last On a comparable stores basis, year-to-date sales increased 2.1 percent compares to 2.4 percent last year. Fred’s openedf one new pharmacy in May. Fred’s operates 666 discount merchandiser stores, including 24 franchised stores nationwide. Shares closex down 12 cents to $14.
22 per share
The Memphis-based discount retailer reported salexsof $134.7 million for May, down 6 percenrt compared to sales of $143.4 million in May 2008. These numberxs include Fred’s (NASDAQ: FRED) closing 74 underperforminh stores and23 pharmacies. Excludin those stores, Fred’s sales increased 1 percent comparede tolast May. Comparable storde sales in Mayrose 0.2 percent, down compared to 3.4 percent in the same perioe last year. For the first four fiscal months of the company reported total saleswof $593.1 million, down 2.4 percentr compared to $607.7 million for the same year-agoo period.
However, excluding stores closed in 2008, salee from ongoing stores increased 4 percenyt compared to thesame four-month period last On a comparable stores basis, year-to-date sales increased 2.1 percent compares to 2.4 percent last year. Fred’s openedf one new pharmacy in May. Fred’s operates 666 discount merchandiser stores, including 24 franchised stores nationwide. Shares closex down 12 cents to $14.
22 per share
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