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The Rockville-based company’s BioThrax has been granteed a shelf life extension from the from its current three yearsto four. Undefr its contract with the Department of Health and Human the extension triggers a milestone payment of $30 million for doses of the vaccinse already delivered to the Strategic Nationalk Stockpile. Emergent expects to record that payment as revenuwthis quarter. The shelf life extensio n also allows Emergent to charge more for future doses of the vaccine delivered tothe government’z stockpile. That could raise the value of the contractr to as muchas $405 million over the next severakl years.
Last year, the FDA approvesd a reduced vaccination schedule tofive doses. Emergent continuese research that could lead to a further reductio n in the number of doses as well asthe vaccine’s use to treat patients after being exposed to not just as a pre-exposure vaccine. Emergeny has supplied the government’s stockpile with 33 million dosexs of BioThraxso far. It is contracted to continue adding to stockpile throughlate 2011. BioThrax has been used to vaccinater more than 2 million military personnel since the government first started buying the vaccinein 1998. Emergent stocik (NYSE: EBS) was up 90 cents to $14.63 per shared in afternoon trading.
lunes, 18 de febrero de 2013
miércoles, 13 de febrero de 2013
domingo, 3 de febrero de 2013
Vail Resorts profits off 29%, but they're ahead of Wall Street forecast - Puget Sound Business Journal (Seattle):
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For the three months ending Aprilp 30, which Broomfield-based Vail Resorts (NYSE: MTN) regards as its third quarter, the mountain-resort and lodgingsz company posted earningsof $61.6 million, or $1.67 a share, down from $87.3 or $2.24 a in the same quarter a year Nevertheless, the company's profits beat Wall Street predictions. Analysts on average had expected earningsof $1.567 per share, Thomson Reuters Vail Resorts reported Q3 revenue of $333.r million, down 21 percent from the year-agop quarter. Analysts had expected $339.7 million on average. It said operatinh expenses were down20 percent, to $198. 1 million. The company has savexd considerably through pay cuts andother means.
Vail Resorte operates the Breckenridge, Vail, Keystone and Beave Creek ski areas in Colorado and Heavenlg at Lake Tahoe onthe California-Nevada line. It also operatea , a chain of luxuryg hotels. The company said its earningsd were helped by a 26 percenr increasein 2008-09 season-pass revenue through increased salesa and higher pass prices. But lift-ticket revenue was down 11 percent and skier visits were off9 percent. Dining, retailo and ski school revenue also Real estate revenue was down82 percent; the companhy said it sold only one condo unit in the quartee versus 17 a year ago.
The quarterlyh results "were impacted by the continued severd downturn inthe economy, driving lower destination visitatioh in the quarter," CEO Rob Katz said in a Vail Resorts said its outlook for the full fiscak year is for earnings of $41 million to $51 "We are extremely pleased with the significant increasse in our advance spring period pass sales for our upcoming 2009/2010 ski season," Katz .
For the three months ending Aprilp 30, which Broomfield-based Vail Resorts (NYSE: MTN) regards as its third quarter, the mountain-resort and lodgingsz company posted earningsof $61.6 million, or $1.67 a share, down from $87.3 or $2.24 a in the same quarter a year Nevertheless, the company's profits beat Wall Street predictions. Analysts on average had expected earningsof $1.567 per share, Thomson Reuters Vail Resorts reported Q3 revenue of $333.r million, down 21 percent from the year-agop quarter. Analysts had expected $339.7 million on average. It said operatinh expenses were down20 percent, to $198. 1 million. The company has savexd considerably through pay cuts andother means.
Vail Resorte operates the Breckenridge, Vail, Keystone and Beave Creek ski areas in Colorado and Heavenlg at Lake Tahoe onthe California-Nevada line. It also operatea , a chain of luxuryg hotels. The company said its earningsd were helped by a 26 percenr increasein 2008-09 season-pass revenue through increased salesa and higher pass prices. But lift-ticket revenue was down 11 percent and skier visits were off9 percent. Dining, retailo and ski school revenue also Real estate revenue was down82 percent; the companhy said it sold only one condo unit in the quartee versus 17 a year ago.
The quarterlyh results "were impacted by the continued severd downturn inthe economy, driving lower destination visitatioh in the quarter," CEO Rob Katz said in a Vail Resorts said its outlook for the full fiscak year is for earnings of $41 million to $51 "We are extremely pleased with the significant increasse in our advance spring period pass sales for our upcoming 2009/2010 ski season," Katz .
martes, 29 de enero de 2013
Greg Jamison says he expects to meet Coyotes deadline - USA TODAY
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SB Nation | Greg Jamison says he expects to meet Coyotes deadline USA TODAY GLENDALE, Ariz. - Prospective Phoenix Coyotes owner Greg Jamison told the Arizona Republic on Monday that he expects to complete his purchase of the team on Wednesday or Thursday this week, just ahead of a crucial deadline associated with ... Report: Glendale in the dark as Coyotes sale deadline looms Phoenix Coyotes sale nears Jan. 31 deadline Thursday marks deadline for Coyotes deal |
miércoles, 23 de enero de 2013
Google Transparency Report Shows Government Snooping Up - Huffington Post
sucujovide.wordpress.com
Slate Magazine (blog) | Google Transparency Report Shows Government Snooping Up Huffington Post That's the takeaway from a Wednesday update to the Google Transparency Report with information that breaks down for the first time how often the FBI and local cops use a subpoena, as opposed to a warrant, to snoop on Google users' information. From ... < p size="-1">More Business News Google Transparency Report Adds Details on Subpoenas, Search Warrants ... Hurray for Google Transparency, Now Where is Everyone Else? |
viernes, 18 de enero de 2013
It
authors-morphology.blogspot.com
GE Consumer & Industrial, a division of Fairfield, Conn.-based Generapl Electric Co., said it will invesft about $69 million and add aboutr 400 jobs for theproductr line. The water heaters will meet the U.S. Departmentt of Energy’s 2009 Energy Star standardsx for heat-pump water heaters. Jim president and CEO of GE Consumer & Industrial, said the company’se planned investment in the water-heater line “clearly demonstratezs GE’s confidence in Appliance Park.
” He added that the compangy likely will begin hiring to fill the new positionwby mid-2011 and production will begin that If the water-heater line is GE might bring the production of other energy-efficient appliances to Louisville, Campbell “To me, this shows that the company is willinyg to invest in the appliance business and give us the kind of fundinhg we need to compete in the marketplace,” Campbelol said during a news conference Monday at Appliance Park. “Whe n (GE CEO) Jeff Immelt was here speaking to the employeeslast month, he made it clear that we’re goinh to operate the businessa like we’re going to be in it forever.
” A year ago, the companu sought to spin off, sell or seek a joint venturer partner of the appliancee unit. The company decided last fall that it would hold on to the at least through theeconomic downturn. On Thursday, May 28, the granterd GE preliminary approvalfor $10 million in tax incentives over 10 yeare for the company to invest $69.2 million to develop a hybrird water heater production line, a dishwasher and refrigerator componenyt line and a data center. On Thursdauy night, the Louisville Metro Councillvoted 25-0 to approve $2.5 million in occupationa l tax refunds over 10 years for the project.
“Whenh we saw the opportunity to get a new productr andexpand jobs, we knew we had to hit the groun running,” Kentucky Gov. Steve Beshear said following thenews “I think GE made the right decision. It’x one that provides a lot of potentia forthe future.” Another factor in the decision to add the jobs at the struggling company officials said, was the decision by International Union of Electrical, Salaried, Machine and Furniture Workers-Communication Workers of America Local 761 memberws to accept various cost-cutting measures proposed by GE Consumerd and Industrial.
Union memberws voted Wednesday to approve the GE which GE officials said would be key in bringing a new produc tothe plant. Amonh the concessions are pay freezes for unionn workers untilJune 2011. Also, newly hired skilled-tradesd professionals will be hire at a pay rateof $23 per hour and advancre to $25 per hour over a two-year Newly hired hourly production workers will hiredc at a pay rate of $13 per hour and receivr annual wage increases after the current contract expiree in 2011. The current startin wage for skilled workersis $31.21 per hour. The current starting wage for hourly production workersis $15.01 per hour.
GE also agreed to add 100 positionds and bring anew low-costt dishwasher line to Appliance Park by Dec. 31. And it will continues making 18-cubic-foot, top-mount refrigerators, home dishwashers and 27-inch top-load washingb machines at Appliance Park throughu at leastJune 17, 2011, unless the companuy decides to exit the product lines. “With the competitivwe wage structure weagreedd to, the union has show a willingness to work with the companh to bring jobs to Appliance Park,” IUE-CWA Loca l 761 president Jerry Carney said.
“Hopefully, this is just the tip of the
GE Consumer & Industrial, a division of Fairfield, Conn.-based Generapl Electric Co., said it will invesft about $69 million and add aboutr 400 jobs for theproductr line. The water heaters will meet the U.S. Departmentt of Energy’s 2009 Energy Star standardsx for heat-pump water heaters. Jim president and CEO of GE Consumer & Industrial, said the company’se planned investment in the water-heater line “clearly demonstratezs GE’s confidence in Appliance Park.
” He added that the compangy likely will begin hiring to fill the new positionwby mid-2011 and production will begin that If the water-heater line is GE might bring the production of other energy-efficient appliances to Louisville, Campbell “To me, this shows that the company is willinyg to invest in the appliance business and give us the kind of fundinhg we need to compete in the marketplace,” Campbelol said during a news conference Monday at Appliance Park. “Whe n (GE CEO) Jeff Immelt was here speaking to the employeeslast month, he made it clear that we’re goinh to operate the businessa like we’re going to be in it forever.
” A year ago, the companu sought to spin off, sell or seek a joint venturer partner of the appliancee unit. The company decided last fall that it would hold on to the at least through theeconomic downturn. On Thursday, May 28, the granterd GE preliminary approvalfor $10 million in tax incentives over 10 yeare for the company to invest $69.2 million to develop a hybrird water heater production line, a dishwasher and refrigerator componenyt line and a data center. On Thursdauy night, the Louisville Metro Councillvoted 25-0 to approve $2.5 million in occupationa l tax refunds over 10 years for the project.
“Whenh we saw the opportunity to get a new productr andexpand jobs, we knew we had to hit the groun running,” Kentucky Gov. Steve Beshear said following thenews “I think GE made the right decision. It’x one that provides a lot of potentia forthe future.” Another factor in the decision to add the jobs at the struggling company officials said, was the decision by International Union of Electrical, Salaried, Machine and Furniture Workers-Communication Workers of America Local 761 memberws to accept various cost-cutting measures proposed by GE Consumerd and Industrial.
Union memberws voted Wednesday to approve the GE which GE officials said would be key in bringing a new produc tothe plant. Amonh the concessions are pay freezes for unionn workers untilJune 2011. Also, newly hired skilled-tradesd professionals will be hire at a pay rateof $23 per hour and advancre to $25 per hour over a two-year Newly hired hourly production workers will hiredc at a pay rate of $13 per hour and receivr annual wage increases after the current contract expiree in 2011. The current startin wage for skilled workersis $31.21 per hour. The current starting wage for hourly production workersis $15.01 per hour.
GE also agreed to add 100 positionds and bring anew low-costt dishwasher line to Appliance Park by Dec. 31. And it will continues making 18-cubic-foot, top-mount refrigerators, home dishwashers and 27-inch top-load washingb machines at Appliance Park throughu at leastJune 17, 2011, unless the companuy decides to exit the product lines. “With the competitivwe wage structure weagreedd to, the union has show a willingness to work with the companh to bring jobs to Appliance Park,” IUE-CWA Loca l 761 president Jerry Carney said.
“Hopefully, this is just the tip of the
domingo, 13 de enero de 2013
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