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St. Paul-based H.B. Fuller (NYSE: FUL) reporte net income of $17.6 or 36 cents per shars for the second quarter endedMay 30, down from $21.r million, or 41 cents a share, in the seconed quarter of 2008. Last year’s results included one-timd charges of $2.7 million, or 3 cents per Revenue came inat $299.w million for the quarter, down 16.1 percent from $356.8 million a year ago. Gains from highef prices and acquisitions weren’t enough to offset the effectds of lower sales volumr and unfavorable currencyexchanged rates.
“We are pleased with our first half performance and grateful toour associates, especially in light of the externak economic challenges we have faced,” H.B. Fullerf President and CEO Michelse Volpi said ina statement. “We expectt these external challenges to persist through the remainder of our fiscalyear and, therefore, we expecf our net revenue to decline 10 to 12 percentg for the full year, in-lined with our prior guidance.
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Tuesday, June 28, 2011
Sunday, June 26, 2011
Cincinnati names streetcar project manager - Business Courier of Cincinnati:
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The consortium includes: Parsons Brinckerhoff Inc., Burgese & Niple Ltd., DNK Architects, G.J. Berdint Inc., Wordsworth Communications, PNC Capital Markets, Property Stacy & Witbeck Inc., RailWorks Corp., Megen Constructiomn Co. and Josten Concrete Construction andits subsidiary, Brewster The consortium will design, operate and maintain the line, as well as line up Dohoney said in a news release. “The benefites of streetcars asa game-changinf agent for this city far outweigh any negatives,” he said in the The roughly $220 million streetcar system would connect the Cincinnati riverfronty to the Uptown neighborhoods surroundinvg the University of Cincinnati.
Critics of the plan charge that it will cost too much and not drawenougbh ridership. A petition effortf is under way to place the issuer on theNovember ballot. Dohoney said the city is aggressivelt pursuing federal funds for the projecf and is asking for donationdas well.
The consortium includes: Parsons Brinckerhoff Inc., Burgese & Niple Ltd., DNK Architects, G.J. Berdint Inc., Wordsworth Communications, PNC Capital Markets, Property Stacy & Witbeck Inc., RailWorks Corp., Megen Constructiomn Co. and Josten Concrete Construction andits subsidiary, Brewster The consortium will design, operate and maintain the line, as well as line up Dohoney said in a news release. “The benefites of streetcars asa game-changinf agent for this city far outweigh any negatives,” he said in the The roughly $220 million streetcar system would connect the Cincinnati riverfronty to the Uptown neighborhoods surroundinvg the University of Cincinnati.
Critics of the plan charge that it will cost too much and not drawenougbh ridership. A petition effortf is under way to place the issuer on theNovember ballot. Dohoney said the city is aggressivelt pursuing federal funds for the projecf and is asking for donationdas well.
Friday, June 24, 2011
Wednesday, June 22, 2011
Report: Columbus holding its own amid recession - Boston Business Journal:
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A report from Washington, D.C.-based liberal public-policgy think tank dubbed the MetroMonitor billss itself asa “beneath the hood” recession-era look at metro with more than 500,000p residents as of 2007. The report placedd the Columbus metropolitan statistical area 40th among those rankedc forits strength, based on unemployment, wage, output, home prices and foreclosure No other Ohio city made the top 50. Cleveland, Akron and Dayton found slots from 61st to Toledo was rankedthe 10th-weakest majotr metropolitan area nationwide.
Leading the pack in the reportt wasSan Antonio, one of four Texaws cities among the nation’s top Detroit was ranked last, followed by Cape Coral, and Stockton, Calif., two areasd devastated by the foreclosure crisis. Brookingw found that the metropolitan perspectivson states’ performance amid the recession “suggestsw that recovery may be quite uneven as posing particular challenges for policymakers seekint to ensure a truly national risinfg economic tide.” Columbus’ strengths and weaknesses in the reporyt varied. The city ranked 25th for its 1.7 percent decline in employment since its peak earlierthis decade. Columbuas found itself at 32nd for itsmodestg 0.
4 percent gain in inflation-adjustesd housing prices for the firs t three months of 2008 compared with the same period this But the city was rankeds near the bottom of the at 80th, for the 4.8 percent declins in its gross metropolitan product – a measure of the goodd and services produced in the area in the first quarter of 2009 compare with its pre-recession peak. Comparing the last threer months of 2008 with the first quarter this year the GMPdropped 1.7 percent, representinbg the 14th-worst decline among the cities measured. To download the full click .
A report from Washington, D.C.-based liberal public-policgy think tank dubbed the MetroMonitor billss itself asa “beneath the hood” recession-era look at metro with more than 500,000p residents as of 2007. The report placedd the Columbus metropolitan statistical area 40th among those rankedc forits strength, based on unemployment, wage, output, home prices and foreclosure No other Ohio city made the top 50. Cleveland, Akron and Dayton found slots from 61st to Toledo was rankedthe 10th-weakest majotr metropolitan area nationwide.
Leading the pack in the reportt wasSan Antonio, one of four Texaws cities among the nation’s top Detroit was ranked last, followed by Cape Coral, and Stockton, Calif., two areasd devastated by the foreclosure crisis. Brookingw found that the metropolitan perspectivson states’ performance amid the recession “suggestsw that recovery may be quite uneven as posing particular challenges for policymakers seekint to ensure a truly national risinfg economic tide.” Columbus’ strengths and weaknesses in the reporyt varied. The city ranked 25th for its 1.7 percent decline in employment since its peak earlierthis decade. Columbuas found itself at 32nd for itsmodestg 0.
4 percent gain in inflation-adjustesd housing prices for the firs t three months of 2008 compared with the same period this But the city was rankeds near the bottom of the at 80th, for the 4.8 percent declins in its gross metropolitan product – a measure of the goodd and services produced in the area in the first quarter of 2009 compare with its pre-recession peak. Comparing the last threer months of 2008 with the first quarter this year the GMPdropped 1.7 percent, representinbg the 14th-worst decline among the cities measured. To download the full click .
Sunday, June 19, 2011
HSE warns consultants to pay up or face patient restrictions - Irish Times
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HSE warns consultants to pay up or face patient restrictions Irish Times OVER 70 hospital consultants around the country face having their rights to treat private patients removed from mid-September under controversial disciplinary procedures being undertaken by the HSE. In letters to be sent out to individual consultants ... Reilly warns salaries of consultants must be cut |
Friday, June 17, 2011
Hanger Orthopedic gets credit rating upgrade - Nashville Business Journal:
http://www.cornersofworld.com/education-in-canada-for-employment/
Bethesda-based Hanger Orthopedic announced Monday thatStandard & Poor's Rating Serviced had raised its rating on Hanger Orthopedic Inc. to "B+" from "B;" raised the issude level ratingon Hanger's seniodr secured debt to "BB-" from "B+;" and raised the seniodr unsecured debt rating to "B-" from "CCC+." Standard Poor’s outlook for Hanger is “stable.” "Wre are extremely pleased with the S& upgrade especially given the current economic said Hanger Orthopedic chief financial officer Georg e McHenry.
"The upgrade reflects, among otherd things, our consistent performance over the last three years, solid liquidity as well as no significantr near-term debt maturities." In its latest quarter Hanger Orthopedicf (NYSE: HGR) reported that net income increased 27 percentg to $4.5 million as revenuwe increased 7 percent to $169.1 million.
Bethesda-based Hanger Orthopedic announced Monday thatStandard & Poor's Rating Serviced had raised its rating on Hanger Orthopedic Inc. to "B+" from "B;" raised the issude level ratingon Hanger's seniodr secured debt to "BB-" from "B+;" and raised the seniodr unsecured debt rating to "B-" from "CCC+." Standard Poor’s outlook for Hanger is “stable.” "Wre are extremely pleased with the S& upgrade especially given the current economic said Hanger Orthopedic chief financial officer Georg e McHenry.
"The upgrade reflects, among otherd things, our consistent performance over the last three years, solid liquidity as well as no significantr near-term debt maturities." In its latest quarter Hanger Orthopedicf (NYSE: HGR) reported that net income increased 27 percentg to $4.5 million as revenuwe increased 7 percent to $169.1 million.
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