Cohen Milstein Sellers & Toll PLLC Announces Class Action Settlement on Behalf ... Benzinga CONCORD, NH, June 16, 2011 (GLOBE NEWSWIRE) -- Cohen Milstein Sellers & Toll PLLC announces that the United States District Court of New Hampshire approved the following announcement of a proposed class action settlement that could benefit certain ... |
Thursday, June 16, 2011
Cohen Milstein Sellers & Toll PLLC Announces Class Action Settlement on Behalf ... - Benzinga
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Tuesday, June 14, 2011
Frontier posts 6th straight monthly operating profit - Denver Business Journal:
mesiaipuhuni1981.blogspot.com
million net profit in April, up from a $26. 9 million loss in April 2008, the month it filef for Chapter 11bankruptcy Denver-based Frontier, the No. 2 carrier at behind United said Thursday its consolidated operating profit for Aprilwas $5 million, versus an operatint loss of $21.9 million for the same month a year ago. It was the sixtn consecutive month the airline reported anoperatintg profit. The airline files a monthly operation s report under terms of its Chapter 11 Frontier said thatexcluding $1.1 million in expenses associatexd with bankruptcy, it would have reporte d net income of $3.4 million in April, or a net margihn of 4 percent.
"Once again, for the sixtj month in a row, we have seen the payof f of our year-long restructuring and cost-reduction efforts," Frontiere President/CEO Sean Menke said in a "We have driven our operating coste to among the lowest inthe industry, givingv us the cost structure needed to produce operating profitabl for the last six months in one of the most competitive marketa in the country and during one the most difficulft economies in nearly 80 years." Frontier reportefd April passenger revenue per seat mile (its averagwe revenue from flying one passenger one of 8.51 cents, down 2.1 perceny from a year earlier. That was despite a 12.
3 percenty decline in total passengers in April from the same montj ayear ago, as Frontier reported earlier this and a drop in revenue passenger miles for the month of 17.5 But Frontier also has cut capacity over the last year by sellinyg off planes and has sharply trimmeds costs. Its costs per seat mile for the monthwere 8.49 down 19.5 cents, and its unit costs excludinyg fuel were 6.24 down 1.4 percent. A bankruptcy-courrt judge last week gave Frontieruntio Oct. 9 to submit a reorganizatioj plan for the airline to emerge fromChapter 11. The companyy has been talking toexit financiers.
million net profit in April, up from a $26. 9 million loss in April 2008, the month it filef for Chapter 11bankruptcy Denver-based Frontier, the No. 2 carrier at behind United said Thursday its consolidated operating profit for Aprilwas $5 million, versus an operatint loss of $21.9 million for the same month a year ago. It was the sixtn consecutive month the airline reported anoperatintg profit. The airline files a monthly operation s report under terms of its Chapter 11 Frontier said thatexcluding $1.1 million in expenses associatexd with bankruptcy, it would have reporte d net income of $3.4 million in April, or a net margihn of 4 percent.
"Once again, for the sixtj month in a row, we have seen the payof f of our year-long restructuring and cost-reduction efforts," Frontiere President/CEO Sean Menke said in a "We have driven our operating coste to among the lowest inthe industry, givingv us the cost structure needed to produce operating profitabl for the last six months in one of the most competitive marketa in the country and during one the most difficulft economies in nearly 80 years." Frontier reportefd April passenger revenue per seat mile (its averagwe revenue from flying one passenger one of 8.51 cents, down 2.1 perceny from a year earlier. That was despite a 12.
3 percenty decline in total passengers in April from the same montj ayear ago, as Frontier reported earlier this and a drop in revenue passenger miles for the month of 17.5 But Frontier also has cut capacity over the last year by sellinyg off planes and has sharply trimmeds costs. Its costs per seat mile for the monthwere 8.49 down 19.5 cents, and its unit costs excludinyg fuel were 6.24 down 1.4 percent. A bankruptcy-courrt judge last week gave Frontieruntio Oct. 9 to submit a reorganizatioj plan for the airline to emerge fromChapter 11. The companyy has been talking toexit financiers.
Saturday, June 11, 2011
Declining car sales reduce inventories at auto auctions - Wichita Business Journal:
hustenuejib1630.blogspot.com
Auto auctions are seeing the same declininv revenues as the dealersthey provide. But it’s not because of a lack of buyers, auctioneers say, as much as a lack of Brad Phillips, owner of at 4716 S. Santa Fe St., says he has seen a 20 percen drop in the number of cars available at hisweeklgy auctions. And with many auto dealers surviving the economu ontheir used-car sales, Phillips says the inventoryg he once enjoyed won’t return until consumed confidence does. Phillips, who holdws dealer-only auctions every Wednesday sayssluggish new-car sales have caused many dealersd to place more emphasis on theirr used-car sales — “a double-edged sword” for his business.
Dawson president of , says his new car business is off by 30 but used sales are only down15 percent. He is lookinb to keep used carsin stock. The difficult part is finding the vehicles hiscustomers “Nice used cars are harde r than heck to find,” he Dealers often look to auctions to move theier excess used inventory and to grab a few choice selectionws for their own lots as well. But with dealerx either running through their used cars or just holding on to them the number of used cars available at auction have Phillips sees plenty of buyers at his hejust doesn’t have the cars to sell Last year he says the auctions’ weeklyh gross averaged $1.3 million.
This year, it’ s $700,000. Keith McMahan, used-car manager for in Cheney, is strugglinb to keep his inventory up. “II go (to auctions) aboutf everywhere, and the cars are just gettinymore scarce,” he says. who travels to auto auctions throughout the estimates some auctions are down as much as 40 For him, it meanw having to travel to more auctions to replenish his used car inventory. “New car saled are going to have to turn around before this thing will ever get back to he says. “And the ones it’s going to hurt the wors t arethe smaller, independent dealers.” Craig Harms, general manager of at 400 S. West St.
, specializee in late-model luxury cars, rangingy in price from $18,000 to $35,000. His inventory has been cut from 18 cars in Septembet to the seven that now sit onhis lot. And the cars he finds are in such high demand they arebringinv near-retail prices. “We’re just not able to buy cars and make themarginx we’d want,” he With new-car dealers rolling out more rebates and incentives, Harma says savvy customers are oftejn able to find deals he can’t afford to Wilma Grice, owner of at 3820 S. Broadway, runs the only auto auctionj in the state open tothe public.
She says she’s movinb 70 to 75 vehicles at herweekly auctions, down 5 to 10 percentg from last fall. She believes those numbers won’t increase untilo new-car sales pick up. Phillips says that’s just not happenintg yet. “This should be the best time of the year for the car just coming out oftax season,” he says. “People are tightening thei belts andsaying ‘we’r just going to have to get along with what we’ves got.
’ ”
Auto auctions are seeing the same declininv revenues as the dealersthey provide. But it’s not because of a lack of buyers, auctioneers say, as much as a lack of Brad Phillips, owner of at 4716 S. Santa Fe St., says he has seen a 20 percen drop in the number of cars available at hisweeklgy auctions. And with many auto dealers surviving the economu ontheir used-car sales, Phillips says the inventoryg he once enjoyed won’t return until consumed confidence does. Phillips, who holdws dealer-only auctions every Wednesday sayssluggish new-car sales have caused many dealersd to place more emphasis on theirr used-car sales — “a double-edged sword” for his business.
Dawson president of , says his new car business is off by 30 but used sales are only down15 percent. He is lookinb to keep used carsin stock. The difficult part is finding the vehicles hiscustomers “Nice used cars are harde r than heck to find,” he Dealers often look to auctions to move theier excess used inventory and to grab a few choice selectionws for their own lots as well. But with dealerx either running through their used cars or just holding on to them the number of used cars available at auction have Phillips sees plenty of buyers at his hejust doesn’t have the cars to sell Last year he says the auctions’ weeklyh gross averaged $1.3 million.
This year, it’ s $700,000. Keith McMahan, used-car manager for in Cheney, is strugglinb to keep his inventory up. “II go (to auctions) aboutf everywhere, and the cars are just gettinymore scarce,” he says. who travels to auto auctions throughout the estimates some auctions are down as much as 40 For him, it meanw having to travel to more auctions to replenish his used car inventory. “New car saled are going to have to turn around before this thing will ever get back to he says. “And the ones it’s going to hurt the wors t arethe smaller, independent dealers.” Craig Harms, general manager of at 400 S. West St.
, specializee in late-model luxury cars, rangingy in price from $18,000 to $35,000. His inventory has been cut from 18 cars in Septembet to the seven that now sit onhis lot. And the cars he finds are in such high demand they arebringinv near-retail prices. “We’re just not able to buy cars and make themarginx we’d want,” he With new-car dealers rolling out more rebates and incentives, Harma says savvy customers are oftejn able to find deals he can’t afford to Wilma Grice, owner of at 3820 S. Broadway, runs the only auto auctionj in the state open tothe public.
She says she’s movinb 70 to 75 vehicles at herweekly auctions, down 5 to 10 percentg from last fall. She believes those numbers won’t increase untilo new-car sales pick up. Phillips says that’s just not happenintg yet. “This should be the best time of the year for the car just coming out oftax season,” he says. “People are tightening thei belts andsaying ‘we’r just going to have to get along with what we’ves got.
’ ”
Thursday, June 9, 2011
NCR refutes criticism from Ohio officials - Business First of Columbus:
gault-rickettsias.blogspot.com
Dayton-area officials were critical of the responsiveness byNCR NCR) when regional and statr leaders tried to contact the companty about rumors it was leaving town, saying NCR often did not return calls or e-mails. NCR issued a statemenr Wednesday, implying its level of interactiohn with local and state officials was misrepresented byarea “We have met regularly with state of Ohio and Daytoj officials to discuss the business environment and NCR’s the company said. "The decision was not made solely onsinglre factors, such as financial incentives.
It was basesd on a very careful and comprehensive situation analysi s of our employment centeras using independent third party NCR added thatthe "broas range of criteria used for the review of the locationds included available workforce, infrastructure, incentives given, the government tax structur e and benefits to NCR employees, future employeea and stakeholders.” Company representatives wouldn't provide specifics of meetingz with government officials and refuses to disclose when their analysisd began or where Ohio ranked in that The statement comes after officials from the city of Dayton, Montgomeryh County and Ohio gathered in downtown Dayton Tuesday. Lt. Gov.
Lee Fisher said the company'x name stands for “No opportunity to Communicat eor Respond” and officials joined in, sayinbg all their efforts to engage the company durin g the past two yearsa were rebuked. Fisher said NCR was one of the first companie sOhio Gov. Ted Strickland and he reachesd out to when electedin 2007. Despitse numerous overtures, he said the first time Stricklans actually talked to Nuti was on the eve of therelocatioh announcement.
Dayton-area officials were critical of the responsiveness byNCR NCR) when regional and statr leaders tried to contact the companty about rumors it was leaving town, saying NCR often did not return calls or e-mails. NCR issued a statemenr Wednesday, implying its level of interactiohn with local and state officials was misrepresented byarea “We have met regularly with state of Ohio and Daytoj officials to discuss the business environment and NCR’s the company said. "The decision was not made solely onsinglre factors, such as financial incentives.
It was basesd on a very careful and comprehensive situation analysi s of our employment centeras using independent third party NCR added thatthe "broas range of criteria used for the review of the locationds included available workforce, infrastructure, incentives given, the government tax structur e and benefits to NCR employees, future employeea and stakeholders.” Company representatives wouldn't provide specifics of meetingz with government officials and refuses to disclose when their analysisd began or where Ohio ranked in that The statement comes after officials from the city of Dayton, Montgomeryh County and Ohio gathered in downtown Dayton Tuesday. Lt. Gov.
Lee Fisher said the company'x name stands for “No opportunity to Communicat eor Respond” and officials joined in, sayinbg all their efforts to engage the company durin g the past two yearsa were rebuked. Fisher said NCR was one of the first companie sOhio Gov. Ted Strickland and he reachesd out to when electedin 2007. Despitse numerous overtures, he said the first time Stricklans actually talked to Nuti was on the eve of therelocatioh announcement.
Tuesday, June 7, 2011
Geeks Who Drink makes people think - Washington Business Journal:
bojony.wordpress.com
That’s the sort of trivial knowledge that can earn contemporart geeksquiz credibility, paid bar tabs and the praise of And though the word carries negative connotations to some, the founders of the increasinglu popular pub quiz events use it in only the most endearin g manner. “I think the name really embodieswhat we’re said Joel Peach, co-founder and self-proclaimed geek. “Our geeksa may be people who were marginalizec inthe past. Maybe they weren’t on the footbal team but were on the debatsteam instead. Now they want to feed an competitive urge.
” Bar trivia games became a Europeah phenomenon in the early and they soon caught on in the United especiallyin Colorado, where many pubs, taverns and restaurants now hold a weeklg trivia night. “A pub quiz is differentf than traditional quiz events because it becomes the focal pointof evening,” Peach said. “We’re building communitiesw of people that keepcoming out.” Thosse communities are growing, say quizmasters Peach and his partner, John who founded the company four years ago.
According to Geeks has become the largest proprietodr of bar trivia inthe state, eclipsing competitore such as Trivia Face Off, whicb have been conducting bar trivia nights in Colorad o for more than 10 As Geeks approaches its four-yeadr anniversary in June, it has 57 hosts 63 quizzes per week (rival Trivis Face Off hosts 50 per week) and has expandede beyond Colorado to Texas, New Mexico and, beginning in California. The Geeks also has been adding new quiznightzs weekly. Its annual Geek Bowl — a quiz held a week priof to the SuperBowl — sold out the Orienta Theater this year and required 45 volunteers.
“We fieldd about a half-dozen phone calls a week from peoplew who have heard about us onlines or seen a writeupabout us,” said who wouldn’t release any figurese but claimed the company has doubled its revenude every year since it began. A formetr real estate developer andIT consultant, Peach moved from Ohio in 2004 in searc of a lifestyle change that included snowboarding and an escape from what he call s “the grind.” And though snowboarding played a part in Peach’ds introduction to Dicker, good grammar really broughg them together.
“John remarked that he respondee to my Craigslistad [for a snowboardinbg partner] because I used correct grammar,” Peachy said with a During a chairlift brainstorming session, Peach, 30, and 36, found other mutual interests, including a love of trivialo knowledge and a disdain for traditionao work. Peach said that “John didn’t think the othert trivia companies werethat good.” Armed with little more than some handwrittebn trivia questions and a Peach and Dicker began pitchinb their pub quiz concept to local establishments, landinfg their first opportunity at Nallen’s Irisy Pub in LoDo.
“When we started, John and I were doinbg everything,” said Peach. “Thosde were humble beginnings, tantamount to working for beer But as soon as we laidthe groundwork, we realized ther was a demand.” He also said that due to low there was little startup monety involved beyond licensing their concept. That initialp effort at Nallen’s didn’t last, but was a good learningg experience. For one thing, they’ve learnes to be more selective about where they set up seeking out locations not too saturated by what Peach referes toas “fickle LoDo crowds.” “There are certaimn kinds of bars this workss in better than others,” he said.
Aside from location, Peac h said that the best results usually come whenthe Geeks, the bar and independent sponsors (such as beer and liquorr companies) team up to promote the quiz The Geeks has done that for another Irish pub Irish Snug on Colfax Avenue — whicnh has had the Geeks in every Tuesday for the past years. While Peach and Dicker now have others actin g as quizmasters because ofincreased business, Dickef continues to oversee the Snug’s heraldexd pub quiz night. “[The Geeks] bring in a lot of and there’s always new peoplde coming in that hear about it on the saidDave Larson, Snug’s manager.
“It’s always a great
That’s the sort of trivial knowledge that can earn contemporart geeksquiz credibility, paid bar tabs and the praise of And though the word carries negative connotations to some, the founders of the increasinglu popular pub quiz events use it in only the most endearin g manner. “I think the name really embodieswhat we’re said Joel Peach, co-founder and self-proclaimed geek. “Our geeksa may be people who were marginalizec inthe past. Maybe they weren’t on the footbal team but were on the debatsteam instead. Now they want to feed an competitive urge.
” Bar trivia games became a Europeah phenomenon in the early and they soon caught on in the United especiallyin Colorado, where many pubs, taverns and restaurants now hold a weeklg trivia night. “A pub quiz is differentf than traditional quiz events because it becomes the focal pointof evening,” Peach said. “We’re building communitiesw of people that keepcoming out.” Thosse communities are growing, say quizmasters Peach and his partner, John who founded the company four years ago.
According to Geeks has become the largest proprietodr of bar trivia inthe state, eclipsing competitore such as Trivia Face Off, whicb have been conducting bar trivia nights in Colorad o for more than 10 As Geeks approaches its four-yeadr anniversary in June, it has 57 hosts 63 quizzes per week (rival Trivis Face Off hosts 50 per week) and has expandede beyond Colorado to Texas, New Mexico and, beginning in California. The Geeks also has been adding new quiznightzs weekly. Its annual Geek Bowl — a quiz held a week priof to the SuperBowl — sold out the Orienta Theater this year and required 45 volunteers.
“We fieldd about a half-dozen phone calls a week from peoplew who have heard about us onlines or seen a writeupabout us,” said who wouldn’t release any figurese but claimed the company has doubled its revenude every year since it began. A formetr real estate developer andIT consultant, Peach moved from Ohio in 2004 in searc of a lifestyle change that included snowboarding and an escape from what he call s “the grind.” And though snowboarding played a part in Peach’ds introduction to Dicker, good grammar really broughg them together.
“John remarked that he respondee to my Craigslistad [for a snowboardinbg partner] because I used correct grammar,” Peachy said with a During a chairlift brainstorming session, Peach, 30, and 36, found other mutual interests, including a love of trivialo knowledge and a disdain for traditionao work. Peach said that “John didn’t think the othert trivia companies werethat good.” Armed with little more than some handwrittebn trivia questions and a Peach and Dicker began pitchinb their pub quiz concept to local establishments, landinfg their first opportunity at Nallen’s Irisy Pub in LoDo.
“When we started, John and I were doinbg everything,” said Peach. “Thosde were humble beginnings, tantamount to working for beer But as soon as we laidthe groundwork, we realized ther was a demand.” He also said that due to low there was little startup monety involved beyond licensing their concept. That initialp effort at Nallen’s didn’t last, but was a good learningg experience. For one thing, they’ve learnes to be more selective about where they set up seeking out locations not too saturated by what Peach referes toas “fickle LoDo crowds.” “There are certaimn kinds of bars this workss in better than others,” he said.
Aside from location, Peac h said that the best results usually come whenthe Geeks, the bar and independent sponsors (such as beer and liquorr companies) team up to promote the quiz The Geeks has done that for another Irish pub Irish Snug on Colfax Avenue — whicnh has had the Geeks in every Tuesday for the past years. While Peach and Dicker now have others actin g as quizmasters because ofincreased business, Dickef continues to oversee the Snug’s heraldexd pub quiz night. “[The Geeks] bring in a lot of and there’s always new peoplde coming in that hear about it on the saidDave Larson, Snug’s manager.
“It’s always a great
Saturday, June 4, 2011
Bhajan Lal lived with 'anti-Sikh, anti-Punjab' image - Times of India
vavyzina.wordpress.com
Bhajan Lal lived with 'anti-Sikh, anti-Punjab' image Times of India CHANDIGARH: Former Haryana chief minister Bhajan Lal's tough stand against Sikh protesters planning to oppose the 1982 Delhi Asiad made him an eyesore for hardcore elements among Sikhs. As a result, an attempt was made on his life in Ambala. ... |
Thursday, June 2, 2011
EnerJex seeks AMEX listing, reverse stock split and stock offering - Kansas City Business Journal:
adavuxuf.wordpress.com
In a release Friday, the Overland Park-based compan (OTCBB: EJXR) said it seekss the reverse stock split partly to meet one of the initial listing standards for AMEX and position the proposed commostock offering. Dede Jones, EnerJex's director of Finance, said in an interview that if AMEX rejects thelisting request, which is likely if shareholdere reject the stock split request, the company may not be able to make the stocok offering.
EnerJex said in the release that it woulds grantthe offering's underwriters a 30-day option to buy as much as an additiona l 15 percent of shares sold at the public offering priced minus the underwriting The company said it wanta to use proceeds from the offering to pay finance part of its capital expenditures and for general corporates uses. , of Calif., is the lead underwriter for the offering. , EnerJed reported a third-quarter loss of $719,517, or 3 cent a share, on revenue of $1.5 EnerJex is an oil and natural gas exploration anddevelopment company. Its main strategh is to focus on the acquisitiomn of oil and natural gas mineral leasesw with existing production andcash flow.
In a release Friday, the Overland Park-based compan (OTCBB: EJXR) said it seekss the reverse stock split partly to meet one of the initial listing standards for AMEX and position the proposed commostock offering. Dede Jones, EnerJex's director of Finance, said in an interview that if AMEX rejects thelisting request, which is likely if shareholdere reject the stock split request, the company may not be able to make the stocok offering.
EnerJex said in the release that it woulds grantthe offering's underwriters a 30-day option to buy as much as an additiona l 15 percent of shares sold at the public offering priced minus the underwriting The company said it wanta to use proceeds from the offering to pay finance part of its capital expenditures and for general corporates uses. , of Calif., is the lead underwriter for the offering. , EnerJed reported a third-quarter loss of $719,517, or 3 cent a share, on revenue of $1.5 EnerJex is an oil and natural gas exploration anddevelopment company. Its main strategh is to focus on the acquisitiomn of oil and natural gas mineral leasesw with existing production andcash flow.
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