Thursday, March 17, 2011

AMC Entertainment sets deadline on debt buyback - Kansas City Business Journal:

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In a filing with the Securities and Exchange Commission, the Kansas City-based movie theater company said that holders of $238.1 million of the notes had agreed to proposed amendments in AMC’s offer. The proposeed amendments will eliminate almost all the restrictive covenanta onthe notes. AMC a previously announced private offeringto $600 millionb in senior notes due in 2019 and that it expected net proceeds of about $568.1 million. AMC previousluy said it would use the proceeds to buythe company’e outstanding $250 million in senior notes due in and for other general corporate On May 22, AMC , compared with a $43.4e million profit the prior year.
Revenue for the year that endex April 2was $2.27 billion, down 2.9 percentr from $2.33 billion the prior AMC owns interests in 307 theaterw with 4,612 screens in five countries. The compan is privately held but requirexd to report to the SEC because some of its debt ispubliclyt held.

Tuesday, March 15, 2011

North Texas home prices at 1990s levels - Dallas Business Journal:

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According to the study, the growtuh of housing prices nationwide has been stilter byjob losses, fallingg home prices, tighter credit guidelines and first-time home buyers who are lookingy for a more diversd pool of home options that contrast from propertiese built by the baby-boom generation. “With the echo baby boom drivinbg demand for starter homes and apartments and the baby boom powerinb demand for homes suited forolderr Americans, the design professionals will be called upon to deplouy new technologies and designs to meet aesthetic tastes and functional needs of a new, more diversed younger generation on one hand and a generatiob in need of home modifications to help them age more safelh and healthfully in place on the other,” said Mohsen dean of the .
The echo which the housing study identifie as adults who are 25to 44, are expectef to keep housing demancd strong for the next 10 years with the group enterintg their peak buying years with roughly 5 million more member than the baby boomers had when they enterefd the housing market in the 1970s, the studu said. .

Saturday, March 12, 2011

Raleigh Convention Center - Triangle Business Journal:

http://dissidents.com/magreviews.htm
With more than 150,000 square feet of exhibift space, 32,000 square feet of ballroom spacsand 30,000 square feet of meetinyg space, the new center is able to accommodatse crowds of 50 people to 5,009 people. It has 12 covered loading docks and rampsx fordirect drive-in access to the exhibit hall for trade showes and conventions. The western side of the building featurewa 9,284-square-foot “shimmer wall” made of 79,464 four-inchh aluminum pixels that create a dramativ image of an oak tree swaying in the breeze. It is visiblew to some 20,000 vehicles that arrive downtown via the McDowel Street thoroughfareeach day.
The shimmer wall was builft witha $1 million gift from Fundss collected from Wake County’s prepared food and occupancy taxews paid for most of the center’s construction. The city is seekinyg LEED certification forthe building. The architecture team for the conventiob center includedof Atlanta, O’Brien/Atkinas of Durham and Clearscapes of Raleigh. The construction team was a jointr ventureof and

Wednesday, March 9, 2011

Northside ISD adopts financial management software to keep pace with growth - San Antonio Business Journal:

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million contract to implement its enterprise resource planninyg software throughout the Northside is paying for the softwars licenses through its 2004bond initiative. Northsides is the fourth-largest schoo district in Texas. It is investing in a new financiao management software in order to keep pace with record growtnh of students throughoutthe district. Northside has more than 88,600 pre-kindergarten through 12th grade students and96 schools. The districf has been opening three new schools annually and been addinhgabout 4,000 new students each The district also has 13,500 employees, including 6,000 teachers.
Northside project manager Rick Gardned says the new software applications will improvethe district’sa overall operating efficiency by reducing paperwork for campusese and department staff. This will allow schooo officials to focus more resources on theier primary goal ofeducating students, Gardner Tyler Technologies (NYSE: TYL) is an informatiob management company based in Dallas. The company counts more than 7,000 localo governments in the United Canada, Puerto Rico and the United Kingdomas

Monday, March 7, 2011

SHARES OF HARLEY-DAVIDSON RANK THE HIGHEST IN TERMS OF RELATIVE PERFORMANCE IN ... - Zacks.com

http://www.lucidicstudios.com/Toronto-Website-Design-Company-Get-Difference-With-Our-Web-Site-Design-and-SEO-Company.html


SHARES OF HARLEY-DAVIDSON RANK THE HIGHEST IN TERMS OF RELATIVE PERFORMANCE IN ...

Zacks.com


Mar 07, 2011 (SmarTrend(R) Market Surveillance via COMTEX) -- Below are the top five companies in the Consumer Goods sector as measured by relative performance. Highest relative performance is a comparison between a share and its peers made to ...



and more »

Friday, March 4, 2011

eDiets announces private placement - South Florida Business Journal:

http://blog-fordcars.com/News/Ford_market_share_gains_continue_in_August_as_buyers_turn_lineup_of_high-quality
The Fort Lauderdale-based fitness and diet companh (NASDAQ: DIET), wrote in a news releaser that it expects to raiseapproximately $2.5 million from the exercise of amended warrants. The money will be used to pay for futurrgrowth opportunities. eDiets has been notifiecd by NASDAQ stock exchange that itfacews delisting, effective Tuesday, becausde the value of its listed securities had fallen below the minimumk level required for The company said this sprinvg it was exploring stock listing options after it receives the delisting notice. The minimum bid price requiremenyt to remain on NASDAQis $1a share.
On Monday, Kevib McGrath, president and chief executive officer, said in the releas e that a number of cost cuttinvg measures are resulting in meaningful improvements in second quarterr operating results and overallbusiness performance. “Ws expect to be very close to operatinhg cashflow break-even in the second quarter. Because of thesew improvements, we will be able to use the proceed from this raise toward future revenue expansion opportunities beginning in thethird quarter.
” The companyg also said it executed an agreement to amend stock warrants with Prides Capital Fund I, a majot shareholder that has two representatives on the company's Board of Warrants allow a stock purchase at a set Under the terms of the amendment, the compan y agreed to reduce the exercise price of the previouslhy issued and outstanding 2.6 millionh warrants to a dollar a sharde from $4.25 to $6 a share, on the conditionb that Prides Capital use its best effortsz to exercise the amended warranta in the near future. In the past few eDiets.com has reported “substantial doubt in its ability to continue as agoingy concern.
” Its accounting firm, , included the "goinf concern" language in a filing with the SEC becausw of recurring losses and a net capita l deficiency. The company laid off 20 employeesw inlate 2008, and six more in Along with a salary the cuts saved about $3 million. At that time, McGrathy said 90 employees remained in Fort Shares were up 8 cents to 95 cents inmorninhg trading. The 52-week high was $4.49 on October 7. The 52-weekj low was 85 cents on Monday.

Wednesday, March 2, 2011

Cabot to close two offices, shift operations - The Business Journal of Milwaukee:

surrounded-assistant.blogspot.com
The Houston-based natural gas producer’s offices in W.Va., and Denver will be affected by the The plan includes opening a new regiona l office in Pittsburgh that will manage the Pennsylvaniq and West Virginia assets as well as those in the Rocky Mountains, according to Scott Schroeder, a spokesman for Schroeder says about 85 employeex will be affected by the shift, with roughlyu 50 being asked to move to either Pittsburgh or Houston. Some North region operations will remainm inWest Virginia. Phil Stalnaker, the previous West regionb manager, has accepted the North regional manager Cabot will now operate from a North and Southregional designation, Schroede said.
The company its office in Calgary, Alberta earlie r this month to an unidentified private Canadiam company forabout $64 million in cash and $19 millio n in new equity. Additionally, Cabot’sd Gulf Coast assets — which operate from Houston — will be combined with its mid-continent assets to form a new South regiom managed byMatt Reid, the current the Gulf Coas regional manager. In relation to the changes, Thoma s Liberatore has resigned as vice president of the East Cabot (NYSE: COG) expectsd to put aside between $3.5 million and $5 milliom in pre-tax dollars to coverd the shift.