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Monthly Archives: February 2012
URS To Buy Flint Energy Services, Provides FY12 Outlook
URS To Buy Flint Energy Services, Provides FY12 Outlook (RTTNews.com) – URS Corp. (URS) has agreed to buy Flint Energy Services Ltd. (FES.TO) for C$25.00 per share in cash or C$1.25 billion. URS will also assume about C$225 million in Flint debt, the company said in a statement. URS also detailed its full-year 2012 financial outlook, with earnings expected to beat current estimates while revenues are forecast to miss expectations. URS said the transaction will be accretive to its 2012 earnings and will increase its revenues from oil and gas sector to about 22 percent of total revenues. Flint Energy provides an expanding range of integrated products and services for the oil and gas industry including production services, infrastructure construction, oilfield transportation, and maintenance services. Chief Financial Thomas Hicks said, We expect the transaction to be accretive to URS 2012 EPS between US$0.20 and US$0.30 per share, which reflects expected … Continue reading
Larimer County rates as one of the safest for children in cars, with programs …
The Child Passenger Safety Law, enacted Aug. 1, 2010, requires all drivers to ensure young children are properly restrained when riding in a car or truck. Failure to do so could land a driver an $82 fine for the first offense, and possibly more for subsequent offenses. Having a car seat correctly installed helps reduce the potential for a serious injury, or even death, for a child in the event of an auto accident, because when an accident occurs, the childs protective seat acts like a cocoon to minimize damage and protect them. The National Highway Traffic Safety Administration estimates that in 2008 alone, 244 lives of children 5 years old and younger were saved nationally by the proper use of child restraints. Crashes are the leading cause of death for children from 3 to 14 years old, the NHTSA said in an emailed statement. Statistics show that children are … Continue reading
Habitat director sees lives changed
MURFREESBORO — Beth Smith was burned out on the corporate world a little more than a decade ago when she started looking for something more fulfilling than hitting the bottom line. She found it as the first executive director of Rutherford County Habitat for Humanity, and since then has overseen construction of nearly 70 homes through the Christian-based housing ministry. Founded by a group of self-proclaimed grumpy, old men, she said, Rutherford Habitat is building its 108th and 109th homes in the midst of a four-year capital campaign called Building Rutherford, with a goal of raising $3.8 million to construct 45 houses. Smith sat down with The DNJ on her 10-year anniversary as the local Habitat for Humanity leader to talk about the ministry. Q: Was there something that pushed you into Habitat for Humanity? Smith: There was something pushing me into something besides what I was doing, because I … Continue reading
Genomic Health Announces Year-End 2011 Financial Results, Provides 2012 …
REDWOOD CITY, Calif., Feb. 6, 2012 /PRNewswire via COMTEX/ – Genomic Health, Inc. /quotes/zigman/97631/quotes/nls/ghdx GHDX -5.37% today reported financial results and business progress for the year ended December 31, 2011. Total revenue for the year ended December 31, 2011 increased to $206.1 million, compared with $178.1 million in 2010, an increase of 16 percent. Product revenue was $204.8 million, compared with $174.9 million in 2010, an increase of 17 percent. Contract revenue comprised the balance of total revenue for each of these periods. Net income was $7.8 million for the year ended December 31, 2011, compared with $4.3 million in 2010. Basic and diluted net income per share applicable to common stockholders was $0.27 and $0.26, respectively in 2011, compared with $0.15 and $0.14 per share, respectively, in 2010. Total revenue for the fourth quarter of 2011 increased to $53.4 million, compared with $47.1 million in the fourth quarter of … Continue reading
j2 Global Underperforms – Analyst Blog
j2 Global Inc. ( JCOM ) reported weaker-than expected fourth-quarter 2011 financial results yesterday, after market close. However, the board of directors of j2 Global has raised its quarterly dividend by 2.4% from 20.5 cents per share to 21 cents per share and authorized a share buy back program to repurchase 5 million of common shares of j2 Globalthe company within February 20, 2013. Quarterly GAAP net income came in at $29.8 million or 62 cents per share compared with $26.9 million or 58 cents per share in the year-ago quarter. However, fourth-quarter adjusted (excluding special items) EPS of 51 cents was far below the Zacks Consensus Estimate of 59 cents. Total revenue was $865.1 million, up 19.8% year over year, missing the Zacks Consensus Estimate of $86 million. Subscriber Usage revenue stood at $84.2 million, up 19.7% year over year. Quarterly gross margin was 82.8% compared with 82.1% in … Continue reading
Updated "Financial Field Manual" for military families now available
HARRISBURG, Pa. (AP) – Copies of the second edition of the Financial Field Manual: The Personal Finance Guide for Military Families will be distributed on military bases and directly to military families in Pennsylvania by the Pennsylvania Securities Commission (PSC), under a partnership of the Investor Protection Trust (IPT), the Investor Protection Institute (IPI), the Council of Better Business Bureaus (CBBB) and Kiplingers Personal Finance Magazine. Written in Kiplingers accessible style by contributing editor Kimberly Lankford (a military spouse), the January 2012 guide from IPT, IPI, CBBB and Kiplingers focuses on the key issues that can help military families make informed investing decisions, protect their money and their families, and take charge of their financial lives. Pennsylvania Securities Chairman Bob Lam said:We are aware of the fact that military families in Pennsylvania face a lot of financial pressures during these difficult economic times. Thats why we are eager to help … Continue reading
Ten-hut! Updated "Financial Field Manual" for Military Families’ Personal …
HARRISBURG, Pa., Feb. 7, 2012 — HARRISBURG, Pa., Feb. 7, 2012 /PRNewswire/ –#xA0;Copies of the second edition of the Financial Field Manual: The Personal Finance Guide for Military Families will be distributed on military bases and directly to military families in Pennsylvania by the Pennsylvania Securities Commission (PSC), under a partnership of the Investor Protection Trust (IPT), the Investor Protection Institute (IPI), the Council of Better Business Bureaus (CBBB) and Kiplingers Personal Finance Magazine. Written in Kiplingers accessible style by contributing editor Kimberly Lankford (a military spouse), the January 2012 guide from IPT, IPI, CBBB and Kiplingers focuses on the key issues that can help military families make informed investing decisions, protect their money and their families, and take charge of their financial lives.#xA0;#xA0;#xA0; Pennsylvania Securities Chairman Bob Lam said:#xA0;We are aware of the fact that military families in Pennsylvania face a lot of financial pressures during these difficult economic … Continue reading
Consumer Spending Down, Bad Credit Borrowing Up
Atlanta, GA (PRWEB) February 02, 2012 The online consumer information website, BadCreditx.com, has released the results of its annual visitor survey revealing that consumer spending for necessities has declined sharply while borrowing, categorized as bad credit cards, loans or debt consolidation loan offers, has increased by over 28%. Participants in the survey were asked what they most urgently needed to spend money on, what they were buying and what percentage of their income that people felt was discretionary. Borrowing results were determined by the number of participants that were in a situation of immediate need for money that they felt could only be achieved in time by borrowing money from a lender. The results are troubling. We are in the business of helping people. We help people recover financially and find what help they need. Our survey revealed that a growing number of people are in need of financial relief, … Continue reading
Foresite SPA launches dynamic Sales Growth Management and Commercial …
Commercial intelligence software to help companies manage growth strategies and sales trajectories is launched today by UK-based Foresite SPA. Foresite SPA software provides business with dynamic management tools such as accurate, continuous forecasts and growth trajectories, by providing real-time information on all commercial areas of the business. It analyses the performance of the business and its individuals, and feeds live information to management teams on sales pipeline, growth potential, attrition and churn, and market response (including continuous customer feedback on issues such as competitiveness and pricing). This gives commercial managers a bigger picture of how business drivers and competition issues are impacting the overall performance of the business, and lets them assess the likely impact of remedial action. Foresite SPA exploits rich commercial intelligence gathered from lead attrition and sales churn – events which occur maybe 20 times more frequently than sales and account for probably 90-95 per cent of … Continue reading
Driver Fights for Car Purchasing Legislation
Driver Fights for Car-Buying Legislation Bobbi Taylor is hoping other consumers will support her plight to add a three-day waiting period when purchasing a new car. Get fast car loans and bad credit auto loans with DriversApproved.com. Bad credit automobile financing is also readily available for those who have poor credit.