2008 January 24 | money news blog

Archive for January 24th, 2008

24 01 2008

SAVVIS Announces Fourth-quarter Investor Webcast on Monday, February 4

Posted by: admin in Today

SAVVIS Announces Fourth-quarter Investor Webcast on Monday, February 4
Forbes - SAVVIS, Inc. (NASDAQ:SVVS), a global leader in IT infrastructure services for business applications, this day announced it will host its fourth-quarter investor webcast and conference call on Monday, February 4, 2008, at 5:30 PM EST. Senior executives

Sun 2Q profit beats estimates
CNBC - The Santa Clara-based company’s results, released after the market closed, followed a rally fueled by investor optimism about the results. Sun’s stock rose $1.30, or almost 9 percent, to $16.12. And in after-hours trading, it gained another 23 cents

Movie Gallery wins Ch 11 extension
Boston Globe - In documents filed Dec. 11, Boards said its owner, Mark Wattles, was “a potential investor in connection with a possible competing reorganization plan.” But Wattles, who also founded Hollywood Video, stated in mid-December that he had no plans to file

China North East Petroleum Holdings Retains ICR to Provide Investor
MSN MoneyCentral - SONGYUAN, China, Jan. 24 /Xinhua-PRNewswire/ — China North East Petroleum Holdings, Limited (OTC Bulletin Board: CNEH)(”China North East”), a leading oil producing company in Northern China, this day announced that it has retained Integrated Corporate

Omnicell Schedules Fourth Quarter Earnings Call
Forbes - The webcast can be accessed at: http://www.omnicell.com/investor_relations/webcasts.asp How: Link to the Omnicell website 15 minutes prior to the call to download necessary audio software. Replay

US STOCKS-Wall St jumps with tax-rebate deal, Qualcomm
Forbes - After the closing bell, shares of Ambac Financial surged 15.1 percent to $13.05 after the UK’s Evening Standard newspaper reported that billionaire investor Wilbur Ross is in speaks to take over the bond insurer. The stock of another bond insurer,

Clearwire Investor Day: Access Info
Forbes - Clearwire Corporation (NASDAQ:CLWR) will host its 2008 Investor Day with financial analysts on Wednesday, January 30, in Portland, Ore. The event will begin at 1 p.m. Eastern Time (10 a.m. Pacific Time) and conclude at approximately 4 p.m. Eastern

MBIA, Ambac Fall as New York States Rescue Needs Time (Update2)
Bloomberg - A higher price reflects more investor doubt about a company’s capability to pay debts. Contracts on Ambac rose to 14.5 percent upfront and 5 percent a year, from 13 percent upfront and 5 percent a year yesterday, according to CMA Datavision

Quintiles Completes Previously Announced New Investor Partnership, Co
Forbes - RESEARCH TRIANGLE PARK, N.C., Jan. 24 /PRNewswire/ — Quintiles Transnational Corp. this day announced the completion of its previously announced new investor partnership to support the company’s continued growth under the leadership of founder and

Wilbur Ross in takeover talks with Ambac -report
Reuters - More Company News NEW YORK, Jan 24 (Reuters) - Billionaire investor Wilbur Ross is in takeover speaks with Ambac Financial Group Inc, (ABK.N: Quote , Profile , Research ) the UK’s Evening Standard reported on Thursday. The speaks are “serious and

Bond insurers fall after SCA downgrade
BusinessWeek - Investor worries about Security Capital were so strong in the wake of the Fitch downgrade that it was not possible Thursday for dealers to sell insurance on Security Capital’s debt, stated Mirko Mikelic, senior fixed-income portfolio manager with Fifth

SUPERVALU Outlines Building Blocks for the Future at Investor
MSN MoneyCentral - SUPERVALU INC. SVU today outlined its building blocks for the future at an investor conference. The building blocks include “raising the bar” on in-store execution, investing in the retail store network with the Premium Fresh & Healthy remodel

Treasurys fall as stocks rebound further
Houston Chronicle - The rallies were the result of investor bets on the likelihood of a significant economic slowdown and further rate cuts by the Federal Reserve. Investors often seek government-backed assets and stay away from risky investments when the economy

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24 01 2008

ATF: Alcohol, Tobacco and Franchising?

Posted by: in Networking

(FranchisePick.com) Looks like the explosive growth of franchising has even reached the ATF, who will be lunching with Heidi and Sisters at their new HQ.

Source: Washington Business Journal

ATF secures 2 new restaurants for HQ

Two more restaurants have signed leases in the new headquarters of the U.S. Agency of Alcohol, Tobacco, Firearms and Explosives at Florida Avenue and Second Street NE.

Heidi’s Brooklyn Deli and Sister’s Pizza & Mussels are scheduled to open in April. Both are franchises. This will the first Sister’s location in D.C. and the second Heidi’s - the other is at 1710 H St. NW.

The restaurants were founded in Colorado by Steve Naples, a New Jersey native who enjoyed Brooklyn’s deli and pizza fares, as well as mussels dishes served at a Sicilian pizzeria in his neighborhood.

The Heidi’s franchise at the new federal building is owned by Shelter Asset Management-ATF LLC.

“Our group is planning on putting several Heidi’s restaurants in and around the D.C. metro area over the next couple of years,” stated Ian Swain, a partner.

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