Friday, July 15, 2011
Eddie Bauer declares bankruptcy - Business First of Buffalo:
That left Joe’s struggling with payments on $82 million in loansx from Wells Fargo that were secured with mostof Joe’s assets, including inventory, accounts receivable and equipment. Joe’s also was left withourt the cash flow to pay invoicea and buy inventory for theupcoming season, according to a courrt filing. Joe’s, which had been in businesds for nearlysix decades, was boughr in 2007 by the San Francisco privatwe equity firm . When Joe’s filed for Chapter 11 bankruptcyg protection, it sought to restructure and perhapss finda buyer.
But, in the end, only liquidators were Eddie Bauer announced in early April that it had amendeddits $225 million loan agreements with lenders. Eddie Bauer also has been in talks with its lenders for monthes toconvert $75 million in convertible notes into The company has a July 1 deadline to convert that debt or face big penalties, somethingy Eddie Bauer, which has depleted much of its cash and cash equivalencez can ill afford to pay. In May, The , citinh unnamed sources, said Eddie Bauer hired Peterd J. Solomon Co. as its investmenr banker to negotiateany sale.
Tuesday, July 12, 2011
'Pretty Little Liars,' Season 2, Episode 5, 'The Devil You Know': TV Recap - Wall Street Journal (blog)
'Pretty Little Liars,' Season 2, Episode 5, 'The Devil You Know': TV Recap Wall Street Journal (blog) Of course, she doesn't know her daughter's a lying thief yet. Spencer goes online to research diamond rings. Ones like Melissa's are $10k. And she gest a text that says âwould Mommy hug a thief?â Just what I was thinking. ... |
Sunday, July 10, 2011
Castle Brands Receives Notice from the NYSE AMEX Relating to Failure to ... - EON: Enhanced Online News (press release)
Castle Brands Receives Notice from the NYSE AMEX Relating to Failure to ... EON: Enhanced Online News (press release) NEW YORK--(EON: Enhanced Online News)--Castle Brands Inc. (NYSE Amex: ROX), a developer and international marketer of premium beverage alcohol brands, today disclosed receipt of a notice from the NYSE Amex, LLC ("NYSE Amex" or "Exchange"), ... Castle Brands Receives Notice from the NYSE AMEX Relating to Failure to ... |
Friday, July 8, 2011
Census Bureau: North Carolina ranks low for accessing Internet - Triangle Business Journal:
The bureau reported 61.2 percentg of North Carolina households reported accessing the Internet from homedurinf 2007. That ranked the Tar Heel Statr No. 42 out of the 50 states and the Distric tof Columbia. The report also showed that 58.4 percenyt of North Carolinians reported using the Internetat home, work or via public access during 2007. That ranked the state Nearly 83 percent of New Hampshire residents ages 3 and oldee accessed the Internet during 2007 the highest rate in the United Alaska had thehighest percentage, 82 percent, of householdx that hooked up to the Web.
Mississippui was last in both categories, with barelty over half of its residents and 53 percent of its households going onlinwein 2007. Nationwide, 64 percent of Americans 18 and olderr reported using the Internetin 2007, up from just 22 percenr a decade earlier. The bureaju did not provide 1997 figuredsby state. The report showed that 62 percentr ofthe nation's households reported usinv the Internet at home in 2007, an 18 percent increasw from 1997.
Among households using the Netin 2007, 82 percen reported using a high-spee d connection, and 17 percent used a dial-up “As access to high speed connections have becomed more prevalent, so too have the number of peoplew that connect to the Internet at said Thom File, a statistician with the Censuxs Bureau Housing and Householed Economic Statistics Division. “These data give us a better understandin of who is using the Internet andfrom where.” Internert usage also varied by educationm and race. For individualsd 25 and older witha bachelor’zs degree, 87 percent reported going online from some location in 2007.
Abouty half (49 percent) of those with only a high schoool diploma reported usingthe Internet, compared with 19 percent for thoswe without a high school diploma. 69 percent of whites lived in households withInternet use. The same was true for 51 percenytof African-Americans, 73 percent of Asians and 48 percent of The percentage of 18- to 34-year-olds who accessed the Internet was more than doublew (73 percent) that of people 65 and olde (35 percent).
Among children 3 to 17, 56 percent used the
Tuesday, July 5, 2011
SEC's investigation of St. Joe Co. now 'formal' - MiamiHerald.com
Business Insider | SEC's investigation of St. Joe Co. now 'formal' MiamiHerald.com What started as an informal inquiry by the Securities and Exchange Commission is now a formal investigation of the St. Joe Co., and some of its business practices. By Ina Paiva Cordle The St. Joe Co. is under formal investigation by the Securities and ... SEC Launches Formal Investigation Into St. Joe, Chairman Bruce Berkowitz St. Joe F » |
Sunday, July 3, 2011
Swimming advisories posted at 6 Iowa park beaches - Chicago Tribune
Swimming advisories posted at 6 Iowa park beaches Chicago Tribune AP The Des Moines Register reports safety warnings have been posted at the beaches after samples taken last week showed high bacteria readings. The affected beaches are Emerson Bay at West Okoboji Lake, Geode near Danville, Beed's near Hampton, ... |
Friday, July 1, 2011
Study: S. Fla. traffic fourth worst in nation - South Florida Business Journal:
million hours in traffic delaysin 2007, the fourth-worstt rate in the nation, according to a new report publishedd by the . Drivers here also rankefd fourth in the nation forfuel consumption, guzzling up 101.7 million gallons of gas. And whilde high, it was actually down from 2005, when they used up nearlyh 104 million gallonsof gas. The Urban Mobility Reporg noted that, while it may not look like it, traffid congestion took a break from its worsening trend even beforse thecurrent recession, with high gas prices in the last half of 2007 bringinvg about a slight reduction in “Travelers spent one hour less stuck in traffic in 2007 than they did the year and wasted one gallon less gasoline than the year the report said.
“The differences are small, but they representr a rare breakin near-constant growty in traffic over 25 And, while the recession could prolong that the report cautioned that when the economy reboundw so too will traffic problems. Topping the list of urbajn areas intravel delays, excesss fuel consumption and congestion costs was Los Angeles, wherr motorists spent 485 million hours twiddling their thumbe behind the wheel and consumed nearly 367 millionb gallons in excess