Archive for July, 2011
Jul 31st, 2011
SEATTLE--Thursday July 28, 2011, (CRWENEWSWIRE)-- Starbucks Corporation (NASDAQ:SBUX) reported financial results for its fiscal third quarter ended July 3, 2011 and introduced FY12 targets.
Fiscal Third Quarter 2011 Highlights:
Total net revenues increased 12% to $2.9 billion
Global comparable store sales increased 8%, driven by a 6% increase in traffic and a 2% increase in average ticket
Consolidated operating margin was 13.7%, up 120 basis points over prior-year period’s GAAP results and 40 basis points over prior-year period’s non-GAAP results
U.S. operating margin improved 300 basis points to 18.8% on a GAAP basis and 210 basi
Jul 31st, 2011
Highest-ever quarterly revenue of $1.888 billion, up 26% year-over-year
Record-high net income of $50 million, up from $40 million a year ago
Record-high EBIT of $113 million
LAKE FOREST, Ill--Friday July 29, 2011, (CRWENEWSWIRE)-- Tenneco Inc. (NYSE:TEN) reported second quarter net income of $50 million, or 81-cents per diluted share, versus net income of $40 million, or 66-cents per diluted share in second quarter 2010. Adjusted for the items below, net income was $50 million, or 81-cents per diluted share, compared with $38 million, or 62-cents per diluted share a year ago. The tables in this pr
Jul 31st, 2011
Some car enthusiasts prefer red - some black, some blue. A buyer at a Michigan auction on Saturday got a truly one-of-a-kind color -- transparent.
The "Ghost Car," a 1939 Pontiac Deluxe Six was first displayed at the New York World's Fair and later on at the Smithsonian Institution, sold on Saturday for $308,000.
The original build cost was $25,000, the Pontiac with a Plexiglas body was the first transparent car ever built in America. Another was built the next year, but its whereabouts are unknown.
Alain Squindo, a car specialist for RM Auctions, "This car is the only one known to exist," he said, which held the auction for th
Jul 31st, 2011
Manchester United let FC Barcelona have the ball most of the time. But this time, Man U made Barca pay for losing it.
No Messi, not a problem. Two months after Champions League final heartbreak, United fans were finally able to celebrate against Barcelona, as the Reds beat the European Champions 2-1 at FedEx Field in Washington DC.
In the 76th minute Michael Owen scored on a counterattack to give Manchester United a 2-1 victory over FC Barcelona on Saturday night.
Nani also scored early for United, which levied a measure of revenge in a preseason exhibition that doubled as a rematch of last May’s Champions League final, where
Jul 30th, 2011
Record results in the second quarter 2011, for Tenneco Incorporated
Welcome to CRWENewswire, Stocks to watch for Friday July 29th, 2011. I am Yohemy Auerbach
Tenneco Incorporated - symbol TEN - reported Highest-ever quarterly revenue of nearly $1.9 billion, up 26% year-over-year, Record-high net income of $50 million, up from $40 million a year ago and Record-high earnings before interest, taxes and noncontrolling interests of $113 million, a 22% increase compared to the same period the prior year
Tenneco is one of the world’s largest designers, manufacturers and marketers of emission control and ride control products and systems f
Jul 30th, 2011
According to a new report from a U.S. watchdog, a U.S. government contractor in Iraq overcharged the Pentagon a whopping amount of money for inexpensive items. The recent findings reflect a control switch that normally cost $7, mysteriously became a $900 expense.
Stuart W. Bowen JR, U.S. Special Inspector General for Iraq Reconstruction, said review found that Anham, LLC, based in suburban Washington, allowed its subcontractors in Iraq to charge also $3,000 for a $100 circuit breaker, and $80 for a piece of plumbing equipment worth $1.41.
As a result, Bowen's inspectors are looking to review all Anham contracts with the U.S. government
Jul 30th, 2011
The lawyer for the two Americans jailed in Iran on charges of espionage could be released after a court hearing slated for Sunday.
Iranian Attorney Masoud Shafiei, said because the session in the trial of Shane Bauer and Josh Fattal would coincide with the second anniversary of their arrest may indicate that they will be freed.
The Muslim world's tradition of pardoning prisoners for the holy month of Ramadan, which starts early in the week coming.
The two men and Bauer's fiancee. Sarah Shourd, were detained in 2009 on July 31, as Iran accused them of illegally crossing the border to spy. Shourd was released last year on $500,000 bail
Jul 30th, 2011
Pakistani Prime Minister Syed Yousaf Raza Gilani said that Pakistan was ready to sort out its fractured relationship with the US, adding that the move had the backing of the armed forces. He said after inaugurating a photo exhibition held at the Pakistan National Council of Arts to commemorate 50 years of the country’s participation in UN peacekeeping operations, that there are some misunderstandings with the US and they are ready to resolve them. The latest denouncement in bilateral ties that began with the US raid on Osama bin Laden’s compound continues despite several initiatives from both sides to halt the downside.
After t
Jul 30th, 2011
US authorities have said that an American army soldier was arrested after police found him in a motel room near Fort Hood, Texas, with possible bomb-making materials. Eric Vasys, FBI Special Agent, said that the soldier, who was absent without leave from Fort Campbell, Kentucky was being held in a jail in the city of Killeen, Texas near Fort Hood, on an unrelated child pornography charge.
The culprit was identified as Naser Jason Abdo, 21, originally from Dallas area. He had disappeared from Fort Campbell over the July 4 weekend, Fort Campbell base spokesman Bob Jenkins said. The spelling of his name was initially released by the FBI as
Jul 30th, 2011
The forces in Syria have turned the screw in their clampdown on a democracy movement, arresting more than 100 people including two prominent activists, rights groups said, on the eve of more mass rallies. Syrian security forces armed with machine guns and other weapons arrived in the town of Qatana, 25 kilometers south of Damascus, on pickup trucks and carried out the arrests before searching for more protesters. This sweep came as people took to the streets of Damascus and Qatana to protest after security forces killed 11 people on Wednesday in Kanaker, 50 kilometers southwest of the capital, said the human rights activists.
The Sy
