Wednesday, May 30, 2012

Un hacker révèle comment compromettre 300 000 Neufbox - Journal du Net

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Un hacker révèle comment compromettre 300 000 Neufbox

Journal du Net


Le blog spécialisé en sécurité de Bluetouff a publié la façon de compromettre, en 2006, des box du FAI Neuf Cegetel, pas encore racheté par SFR. L'exploit, réalisé par Samuel Bellabes, un ancien développeur chez Mandriva, "mettait à nu toute ...


Nouveau nom : la box de SFR fait peau neuve

DSL V »


Deccan Chronicle


'Minority Report' technology steps closer to reality with Leap launch

Digital Spy


The futuristic technology seen in sci-fi movie Minority Report has stepped closer to reality, after tech startup Leap Motion launched its potential revolutionary 3D motion control system. Taking on Microsoft's Kinect system, Leap says that its ...


the Web's great Leap forward

Washington Post (blog)


Leap Peripheral May be the Future for Gesture Controls

Tom's Guide


Leap Fine Tunes Motion Control

Engineering on the Edge


Deccan Chronicle -DrJays.com Live -Paste Magazine (blog)


 »

Sunday, May 27, 2012

5-year-old boy struck in Dorchester a week ago has died, according to police - Boston.com

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5-year-old boy struck in Dorchester a week ago has died, according to police

Boston.com


Suffering from life-threatening injuries, he was taken to Boston Medical Center where he was pronounced dead on Monday, May 21st, according to Boston Police spokeswoman Officer Nicole Grant. The accident remains under investigation, according to Grant ...



and more »

Saturday, May 26, 2012

Quebec protests spreading beyond Montreal and being just about tuition - National Post

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National Post


Quebec protests spreading beyond Montreal and being just about tuition

National Post


MONTREAL â€" The unpredictable nightly protests that helped spur a government crackdown have largely been a Montreal-only affair â€" until now. Since Premier Jean Charest passed a law last week limiting protests in the province, defiant demonstrations ...


Over Quebec protests, the shadow of Quiet Revolution's unfulfilled promise of ...

Washington Post



 »

Thursday, May 24, 2012

Lehman halts sale of Capital Crossing shares - Boston Business Journal:

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The announcement sent the preferred stock issuedby (Nasdaq: into a tailspin Tuesday morning. The sharesw fell 65 percent to They closed Wednesdayat $8.50. The preferres stock recently more than doubled in pric e after the industrial bank of bankrupt Lehmamn Brothers said it would liquidate the sharedat $25 each. The preferred stock had tradedd as lowas $3 amid concerns over dividendc payments and fallout from Lehman’s September bankruptcy filing. Lehman Brotherz Bank, which is not going through thebankruptcy process, said it needs to keep the Capitalo Crossing preferred stock because it countsd as Tier 1 capital — a regulatory measurwe of a bank’s core financial strength.
“As a result, the will not be made and the Series D preferredf stock will continue to tradseon ,” Capital Crossing Preferres Corp. said in a recent regulatory filing. In Capital Crossing Preferred Corp. issued the preferred stock withan 8.5 percent annual dividend rate. The value of that preferred stock traded as lowas $3.0 on Sept. 16, the day after Lehman Brotherd filed forbankruptcy protection. In early Lehman bought Capital Crossing, whose business included buyingother banks’ troubled commercial for $210 million in cash. Capitapl Crossing executives citedLehman Brother’zs deep pockets and market clouy when heralding the deal.
But in September, Lehman’es stunning collapse and bankruptcy filintg reverberated aroundthe globe. Capital Crossing is owner by Lehman BrothersBank FSB, an industrial bank that continuess to operate. In May an entity called Capital CrossingPreferred Corp., whicb was set up like a completed a public offering of 1.5 milliojn preferred shares. The offering raised net proceedsof $35. 3 million, after offering costs of $2.2 million, U.S. regulatory filingzs show. The unit had about $118 million in assetsa at the endof June. Those assets included commercial mortgages with a heavy emphasies inCalifornia markets.
The loansw had a net balance ofabout $60 million at the end of

Wednesday, May 23, 2012

Efficiency drives funding for Dayforce - Pittsburgh Business Times:

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a software developer that helps businesse s measure and manageworkforcs productivity, has raised $15 million. The compangy is a reincarnationof Atlanta-based Workbitas — created after Canadian seria l entrepreneur David Ossip bought Workbits’ assets in May. Workbitd founder John Orr approachec Ossip after being unable toraisd follow-on financing for his startup. Dayforce, whicg employs about 30 and is headquartered in Atlanta and targetsthe retail, manufacturing, health-care and financiapl services industries. Those sectors have a high volumes of hourlyworkers — the variables part of a business’ operating expenses, said Orr, now Dayforce’ chief strategy officer.
“Typically, 60 percent of thei r [operating expense] is labo r spend,” Orr said. Dayforce’s software suite, whicjh includes budgeting, scheduling, task management and time and attendances modules, helps do more with theirr workforce. “The software helps define performance measureds for the workforce andautomates planning, scheduling and tracking of employees,” Ossip “The end goal is to increase workforce output, whild keeping percentage wage costs in Dayforce’s software, Orr said, can boost customer revenue by 0.5 percent to 3 percentf and can decrease average annual labor cost by 3 percenft to 8 percent.
The cost of the subscription depends on the size of thebusinesz — from $2 to $9 per per month. Ossip led Dayforce’s $15 million round and was joineds by investors in hisprevious companies, includingh , which was acquired by Alpharetta-basesd for $227 million in 2007. The Canadiann businessman, however, brought more than dollars to the “Ossip knows the industry,” Orr and “has a proven track record of buildinb successful companiesand value.” Ossip has ambitiouds plans for Dayforce — including launchin a domestic and global Dayforce is chasing a $14 billion market in the Unitedf States, Ossip said, adding he plansz to sell into Europee and Asia.
“Our types of solutions extend beyondrNorth America,” Ossip said. “It’s a globapl problem.” Michael Price, general partnerf at CEO Ventures, was impressedx with Workbits. “The product was beautiful,” Price said. “The graphix design, the thought and attention to themenus ... it was some of the best I’ved ever seen.” Companies in the performancwe management space are doing well and revenue isholding up, Pric said. That success has drawn an influx ofnew competitors. “Withihn the next year, a lot of the softwar e programs being built will be coming online with a lot of sales peopled swingingfor revenue,” Price said.
“Certainly competition within that space is goingt toincrease dramatically,” whicn could hurt profits.

Monday, May 21, 2012

J.G. Wentworth bankruptcy plan OK

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As part of the deal, J.G. Wentworth’sd parent, private equity firm of New York, will invesr $100 million of new equity to supportgongoing operations. It will also provide as much as $35 million for the company to buy loans from lenderxs in exchange for new preferred interests inthe company. The Bryn Pa.-based company sought acceptance of its plan from its lenderes before what is called aprepackaged filing. More than 90 percen t of the termlenders approved, the company J.G.
Wentworth said its decision to file for Chapte r 11 came after an extensive review of alternatives to addrese pressuresfrom “extremely challenging capital markets and high borrowing and was unanimously approved by the company’s board of In December, J.G. Wentworth laid off 120 of its 200 employeesw and closed its LasVegas office. Foundede in 1991, it moved from Philadelphia to Bryn Mawrin 2003.

Sunday, May 20, 2012

Clothier JoS. A. Bank will wait for more company in the P&L District - Baltimore Business Journal:

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The store, which fronts Main Street between 13th and 14th streetdin Downtown, probably will open early in the firsg quarter of 2009, officials with said. They plan to coordinatr the opening with those of their which they anticipate will come in the The situation resembleslast year, when city officiales were surprised to discover that the $850 eight-block district would not open in October 2007 with . Two a restaurant and sports bar, opened in November 2007; others that were prepared to open in the fall chosde to wait for more tojoin them.
The backed by about $400 million in public began a rolling grand opening in gradually unveiling a couple dozen barsand restaurants, alony with the flagship store. Rick Kansas City’s downtown projects had expected JoS. A. Bank to be ready to open any day. “Ofc course we would like to see more retail open for theholidaty season, but we’re happ y to see more bars and restaurants open for the holida season,” he said.
“That’e more than was open for the holiday seasonlast P&L District President Jon Stephens said in an e-mail response that plans always have called for the district’x retail component to open on a rolling basis as Downtownm attracted more people. “This strategy has been successful beyondany measure,” he said. “Through the winter and we are excited to be opening a fantasti newgrocery store, and a variety of additionapl retailers, amenities and eateries.” Although only partially the district attracted 4.51 million visitors from January througgh October. JoS. A.
Bank officialx said they get a better paybacmk when they open withnearby tenants, though a store rarely sits for more than a week beforr being stocked, staffed and opened. As it the JoS. A. Bank sign hangs alone on the block, in whicyh the men’s clothing retailet is the only announced The store typically is paired with other upscale A few minor inspectionissuew remain, but nothing significant is holding up the a JoS. A. Bank officiall said. The clothier is waitingv for Baltimore-based landlord to get final approvapl for the space so it can dothe same. Usher said there are plans for an unnameed retailer to the southbof JoS. A.
Bank and a restaurant on the northwesy side ofthe block. Tenants that offer basi necessities — a grocery store, dry cleaner, nail salon and others — could open in the blocm northeastof JoS. A. Bank in the spring, he

Friday, May 18, 2012

Phillies get taste of reality after Series win on MLB show

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The Pen will be narratexd by former Phillies reliegf pitcher and MLB Network analystMitch Williams. The programn takes a look at the lives followingthe team’s 2008 World Seriesz win and the pressures of keeping theifr roster spot for the 2009 The series features relief pitchers Brad Lidge, Ryan J.C. Romero, Scott Eyre, Clay Condrey, Chad Durbin, Gary Jack Taschner, J.A. Happ, Chan Ho Park and bullpehn coachMick Billmeyer, and follows them to everythingg from fishing trips and youth baseball games to the Whitde House for a post-World Series visit. The program also speaksw with players following the suddeb death of longtime Phillies broadcaster Harry Kalas onApril 13.
“As a reality-basef series The Pen is the ultimate look into the lives ofthesw players, both on and off the field,” said Tony president and CEO of MLB Network. “So much of what we know abour relief pitchers is basede on statisticsand saves, and a series like The Pen givew a level of familiarity to each player.” The program marks the first programm ever produced using a camerw and microphones installed in a Majot League bullpen to film in-game and practicwe footage. Two other cameras were installedc in CitizensBank Park, one behind home plate and one at low firsty base, and were controlled by MLB Network’s headquarters in Secaucus, N.J.
Producer Danny Fiels suited up as a catcher with a camerza attached to his mask to capture footage during sprin trainingin Clearwater, Fla. The majority ownere of the MLB Network is MajorLeague Baseball. Philadelphia-basec (NASDAQ:CMCSA, CMCSK), Cox Communications, DirecTV and Time Warner also own interestxs inthe network.

Thursday, May 17, 2012

Study shows San Antonio is nation's best-performing city in recession - Denver Business Journal:

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The Washington, D.C.-based think tank has begun analyzing the impact of the recessionthroughout America’s metropolitan In the first of a series of quarterly MetroMonitorf reports, Brookings ranked San Antonio, Oklahomwa City, Austin, Houston and Dallas as the top five metrop areas in the country in economif performance in the wake of the recession. Brookings ranked the top 100 metropolitabn areas based on six keyindicators employment, unemployment rates, wages, gross metropolitan housing prices and foreclosurw rates. This initial MetroMonitor report covers the firstg quarterof 2009.
The five worst metropolitam areas in the countrty impacted bythe recession, in descendinb order, are Jacksonville, Fla.; Lakeland, Fla.; Tampa, Bradenton, Fla.; and Detroit. “All metropolitan areas are feeling the effectsz ofthis recession, but the distressz is not shared says Alan Berube, research directord of the Metropolitan Policy Program at Brookings and co-author of the “While some areas of the countrhy have experienced only a shallow and may be emerging from the recession already, peoplr living in metro areas that are now performingt weakest economically should preparde themselves for a long recover period.
” Howard Wial, director of the Metropolita Economy Initiative at Brookingsa and another co-author of the report, arguee that the report shows that a national fiscal and monetary policy will not be enougy for stimulating the economy. “Many (metro) areasz will need targeted assistance, and since statexs have no funds available, the federal government will have to step up to fill the Concentrations of industry activityy have both helped and hurts some regiona l economies duringthe recession.
For example, metropolitan area in states with specializations in energy and governmentemploymenr — such as Texas, New Mexico, Oklahoma, Arkansas and Louisiana — have largely been insulated by the However, metropolitan areas in states like Michigan and Ohio that depend heavily on the automotives industry have been impacted by the downtur n in the economy, the report San Antonio is home to Randolph Air Force Fort Sam Houston, Lackland Air Force Base and Brookas City-Base.
The 2005 Base Realignment and Closure decision alonew is providing a significant economic puncuh to theAlamo City’s economy through the consolidation of high-paying military health care jobs and more than $2 billion worth of new construction activity. A separate report released by LLC outlininhg the impact of BRAC showed that Fort Sam Housto alone would experiencea 11,500 increase of personnel. The Army post will also gain 7.9 millionn square feet of space. Construction activity due to BRAC alon shouldcreate 46,000 construction jobs duringt the course of the building the DiLuzio report showed.

Tuesday, May 15, 2012

State attorney general recognized by national leadership program - Business First of Louisville:

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Class members were selected for their reputationfor “intellect, thoughtfulnesds and a bipartisan approach to governing,” accordingv to a news The Aspen Institute’s fellowship programj was established in 2005. Its purposew is to enhance American democrachy by conveningthe nation’s most promising young political leaders in a bipartisan setting to explore values and the relationship between individuals and their community and the responsibilities of public leadership. The Class of 2008 will begib its dialoguein January. The clasw will meet twice after that over the coursse ofits 24-month The Washington, D.C.
-based Aspen Institute, foundecd in 1950, is an international nonprofit organization dedicated to fostering leadership and dialogue.

Monday, May 14, 2012

Dimension Data pays $64m for Integral, doubles sales - National Business Review

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Dimension Data pays $64m for Integral, doubles sales

National Business Review


BUSINESSDESK: The New Zealand unit of British IT services company Dimension Data spent $64 million acquiring Integral Technology Group,  »

Saturday, May 12, 2012

Fed issues corrective action against BankFirst - The Business Review (Albany):

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BankFirst, which is chartered in Sioux Falls., S.D. but is ownesd by Minneapolis-based holding company and maintain its executive team in theTwin Cities, has been issued a “Prompt Corrective Action Directive” by the Fed, which made the announcemeng Wednesday. The bank has until July 15 to increase equity through the sale of shares or contribution to or sell itself to another bank or groupoof individuals. The bank did not immediatel respond to requests for BankFirst the Federal DepositInsurancre Corp. list of Twin Cities banksd suffering firstquarter losses. The bank lost $14.4 million in the first quarter — and had $18.
3 million in loans that were between 30 and 90 days past due on its balance BankFirst entered into a written agreement with the Federal Reserve Bank in 2007 to clea n up itsloan underwriting. The Federal latest order also includesw additional restrictions onthe bank’s including the compensation of seniorr executive officers.

Thursday, May 10, 2012

Alameda seeks move into old City sports bar site - Business Courier of Cincinnati:

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According to the , a business called the Alamedq Brewhouse Annex has filed for a liquor licensw at424 S.W. Fourth Ave. An Alameda employese confirmed that brewery owner Matt Schumacher also owns the The site is the former home ofThe City, a sportz bar that closed last winter. The liquotr commission canceledthe bar’s license on Jan. 6 afterd several “serious and persistent problems.” The ordee came less than a week after a homicidd that apparently took place earlyNew Year’s Day. The City surrenderede its liquor license amontu later.
The Alameda Brewhouse Annex license request isstill pending, said Christiee Scott, a commission The owners filed the liquor license requesr in February. The company DBO LLC purchased the buildingt containing the proposed Annex in 1999for $606,120. It has a currenty market valueof $1.25 million. Alameda’s primaryu brewpub is at 4765 N.E. Fremont St.

Wednesday, May 9, 2012

Berenfeld Legacy Group handles financial affairs for sports, film stars - Pittsburgh Business Times:

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This is not the collection of a sports but memorabilia from a host of Emery Sheer, managing partner for the Corall Gables-based firm, said the office belongs to his son, Noah M. managing director of LLC, a compan within the 200-person CPA firm that handled the financial affairs of a small group of sportw andfilm stars. “More than 70 percent of professional sports figure s are broke five years after leavingthe game,” Emery Sheer said. “That’s aftetr going through millions on housesfor parents, and then blowinh millions of dollars on cars, partying, restaurants, clubs, friends and cribs.
” For thoswe not familiar with the sports lingo, a crib is an condo, house, townhouse or penthouse that is usually expansive and expensive. One of the very firstf celebrity clients wasDwaynes “The Rock” Johnson, a 15-year sportzs and film veteran. His success became the genesis for theLegacyu Group, which was incorporater last year. Legacy’s modus operandi is to financially coachu young athletes to wisely save and invesrt theirnewfound wealth. Lamar D. Williams is founderf and COO of the BerenfeldLegacy Group. He has a long historh in sportsfinancial services, workingv with and players.
He worked with Mass offering insurance, mutual funds and money management servicesz from offices in Atlanta and NewYork Williams’ long-standing relationship with sports agentxs makes them one of his best referralp sources for new clients. Now, the groupl is interviewing potential candidates that will be available for the variouxsport drafts, as well as their “It’s a very smart move for young athletes, who make largee sums of money, to have professional tax, savings and solid investment said Terry Bolar, an NFL players’ agenf with Atlanta-based . Merlwe Scott, an NBA players’ agen with Miami-based , and Jason Fletcher of St.
Louis-based , also have client with the firm. Other Legacgy clients include Antonio Cromartiew ofthe , Brandon Williams of the and Chad Dawson, current IBF/IBpO Lightweight boxing champion. Televisio personalities Bryan Norcross and Max Mayfield are localpcelebrity clients. “The younger we can get the athletes underour roof, the easier it is to protecgt and grow their wealth so they can put the same disciplind and focus they have on the filed or the court into theit finances,” Sheer said. He said it’s difficult workinfg with sports industry One potential client said he had grow n up on dirtfloors and, if he lost he’d just start out there again.
That’xs not the mindset Legacy is lookinb for, and it did not take the client on. For the many millionxs of dollars involved, the Legacy Groupp has a relativelysmall staff. It acts as a specializec financial management nucleus that can draw on all the divisionxs of the mainaccounting firm. “Af one time or another, Legacy’ds clients have generated work for virtuallyu all theBerenfeld divisions,” Sheer ticking off audit, tax and litigationh support among those that are used regularly. Haviny those core products or competenciew has allowed the firm to grow In 2007, sporting an annuak growth rate of 41.
5 percent, the firm was ranked as the fifthn fastest-growing CPA firm in the U.S. by Insid Public

Monday, May 7, 2012

Business Show highlights area's strength - Chicago Tribune

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Business Show highlights area's strength

Chicago Tribune


For more information regarding the businesses featured in this article, visit http://www.cityofbeckley.org, http://www.wvprepared.org, http://www.bodyworkshfr.com and http://www.wvminersbaseball.com. For more information about BRCCC, ...



and more »

Saturday, May 5, 2012

- Orlando Business Journal:

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U.S. District Judge Anne C. Conway granted a summaryy judgmentto E. & J. Winery, whichj argued the minimal and briegf useof Lamarr's image could not be considered an endorsemen t or sponsorship by Lamarr. Conwayt also awarded the winer y costs that couldexceed • Clean sweep. Insurance Commissioner Bill Nelson and Statewide Prosecutore Melanie Hines have brought charges against 22 peopled who allegedly staged more than two dozen automobiled accidents in the Tampa Bay area and bilked insurance companies of atleastt $200,000.
The suspects -- 19 from the Tamp a Bay area and threed from DadeCounty -- face chargea of grand theft and insurancd fraud for collecting on allegedluy fraudulent personal injury protection • Remedial detour. The only road some offendint Florida drivers will need to travel to their traffifc safety school is the information thanks to anOrlando company. Stater highway officials have approved allowing drivers to take theirremedial drivers' education programs via the using a computer course developed by Absolutw Traffic Academy of Orlando.
• Disney stand-off An armed man who held his 4-year-oldf son and a room service waiter hostage at a Walt Disney Worlfd hotel for 11 hourssurrendered peaceably. Bismarki Rodriguez, 39, released the hostages unharmedand • Vistana: Out with the old, in with the new. , the Orlando-basexd vacation ownership division of Starwood Hotels ResortsWorldwide Inc. has brought industry veteranh David Broderick on board as senior vice president of salesand marketing. in August 2000. Priort to joining Vistana, Broderick was with Marriott Vacation Club Inrelated news, Vistanza executives Don Dubin, Ron Sharp and David Bruc e will retire during the fourth quarter of this year.
They foundedr the time share company which later was acquirefdby Vistana. • AirTran, TWA call off AirTran Holdings Inc. ended its mergetr talks with Trans World Airlines confirms a spokesman forthe Orlando-based discount air carrier. A spokeswoma for St. Louis-based TWA declined immediater comment. • Flying high in Sanford. For the fiftjh straight month this year, Orlandl Sanford International Airport postedc record breaking monthly domestictraffic figures. During the month of May, domestic passengef counts increased 146 percent over the same perio dlast year. Year-to-date, the airpor has processed almost 77,009 domestic passengers. Extreme football. The XFL is coming.
The new professionalk footballleague co-owned by World Wrestling Federatioh and NBC announced that Orlandp is one of eight cities hosting one of the new league's teams. Play begins on Feb. 3 of next The team's general manager is Tom Veit, formerly with the soccer • New deal. The Orlando Magic offerefd Grant Hill of the Detroitt Pistonsa six-year, $67.5 million contract. According to published reports, Hill and his wife were house hunting in Orlandlo between meetings withMagic officials. • With honors. The Federa Emergency Management Agency and BellSouth honorec InternationalSpeedway Corp.
and the Daytona International Speedwayh at the 2000 Pepsij 400 for its role inCentral Florida'se wildfires in 1998. The wildfires promptede Daytona International president John Graham to postponde the Pepsi 400from it's traditional runninf on the 4th of July, and offer the speedwa as an operations center to assist with forfeiting effortse in Volusia and Flagler counties. Speedwa EMS and fire crews fought firez acrosscentral Florida, and the speedwahy operated a shelter to help feed and care for evacuated • Sun shines on golf.
Sunshine Network just startedd a new monthly series offeringa behind-the-scenes look at some of Florida's most challenging golf courses, as well as features and tips for Florida golfers. Mercedes-Benz Floridz Golf Scene now beamsinto 5.2 milliojn homes on Sunshine Network in Florida, with Andre Monaco as host. The series is beinvg produced by Summertime a division of Jamison Golf a golf marketing andmedia • Clay away. Disney's Wide Worldx of Sports complex has decidee to discontinue hostingthe U.S. Men's Clay Couryt Championships, which it has hostee for the pastfour years.
"While the event playerd a major role in increasint overall awareness of oursports complex, we have decidedd to focus our efforts on amateur and other exhibition-oriented says Reggie Williams, vice president of Disneu Sports Attractions. • One more anchor. FOX Sportsx Net Florida just added anew co-anchor for the 11 p.m. Regional Sportss Report, which debuts July 17. Keithu Lebowitz, an Emmy Award-winning sports journalist, will join anchord Ned Smith during week-night editionsd of the show. The 11 p.m.
Regional Sport s Report, which will offer a comprehensivd look at the world of sports from aFlorida perspective, will be broadcast live from the FOX Sportws Net's broadcast center in Dallas, where the anchors will be All the reporting and news gatheringf will be done locally in Floridwa by bureaus throughout the state. • Digital divide. The Tribune Co., corporatd parent to The Orlando Sentinel, sold its 20 percenyt stake in local entertainment guid e DigitalCity Inc. to America Online Inc. for an undisclosee amount. Digital City was founded by AOL and Tribunsin 1996. In Orlando, the joint venture's Web site now will be majority-ownec and completely managed by AOL.
The Orlando Sentinel still is expecter to providelocal content. • Wellnesw changes. Complete Wellness Centers Inc. filled a seat on its board of directorse and reshuffled somemanagement positions. Russell M. executive vice president of ExecutiveTransitions International, will fill a vacancy on the CEO Joseph J. Raymond, Jr. will assum the post of chief financialk officer previously held byRebecca Irish, who • Branching out. Olive Garden launched a new Web tuscany. olivegarden.com.
The Web site's debut coincides with new menu the result of a partnership with the Culinary Institute of Tuscan andthe Zingarelli's, an Italian family who owns and operatex the Rocca delle Macie one of Italy's leading producers of Tuscanm wines. The Web site offers descriptions of Tusca n wines availablefor sale.

Friday, May 4, 2012

Unranked Enid surprises with regional wins - Chicago Tribune

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Unranked Enid surprises with regional wins

Chicago Tribune


JENKS â€" The Enid Plainsmen have a losing record, but they're sitting one game from the state tournament, thanks to Lawson King and Trevor Miller. Both senior pitchers threw strong games Wednesday as the unranked Plainsmen upset seventh-ranked Bishop ...



and more »

Wednesday, May 2, 2012

Sales declines, some bright spots for area retailers in 1Q - Business First of Columbus:

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New Albany-based (NYSE:ANF) reported the largest declinre in sales at storex open at least a year duringf the quarter ended May 3 at30 Same-store sales declines were narrower for other area retailerz reporting Thursday, with Columbus-based (NYSE:LTD) posting a 7 percent drop and Columbus-basedx closeout retailer (NYSE:BIG) reporting a decline of only 0.5 Abercrombie’s same-store sales decline for the quarter came as total saled for the three months fell 23 percentf to $612.1 million from $800.2 million a year ago. The company respondes to another quarter of slumping sales by cuttintg 170 jobs at its home office last marking the second wave of cutsin 2009.
Limiteds told investors that its totapl quarterly sales fell 10 percenfto $1.73 billion from $1.93 billiob a year ago. The companyh said that its Bath and Body Works chain performed better than expected in the last month of the while Victoria's Secret slipped below expectations. Big Lots’ total saleas eased 0.8 percent last quarter to $1.13 billionh from $1.14 billion a year ago. But the company noted same-store sales increases for some merchandise, including furniture, consumable and hardlines – manufactured products such as hardwarseand housewares.
The company also said its lawn and gardenj department saw growth in the latter two months of the quartedr after unpredictable weatherconditions tempered. Quarterly sales resultxs weren’t available Thursday morninbg for (NYSE:RVI), which recently disposed of the Filene’es Basement chain, and (NYSE:DSW), whose majorit y owner is Retail Ventures.