Sunday, January 29, 2012

Bankrupt EJ

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which filed for Chapter 11 bankruptcyu Friday, will close stores in Texaw and Arizona ifit can’t renegotiate cheaper rents with its The University City-based company operates 15 discount shoe stores acrossd the country under the EJ’s Designer Shoe Outlet, E&J’s Designer Shoe Outley and Shoe Cents names. The company previously was known as FamoueBrand Shoes. “The restructuring will enable EJ Shoes whicn operatesin Missouri, California, Texas and Arizona to continue to conduct business in its strongesty retail locations while it renegotiates or drops leases in severao others,” the company said in a statement e-mailed to the Businessx Journal.
The company plans to continue to operate itstwo St. Louia stores, which have recorded recent growth in saledsand revenue. The storess are located at 8620Olive Blvd. and 9109 Watsojn Road. EJ’s also plansw to keep open itsPalm Calif., store. However, the company may close stores in Arizonza and the Houston areaif can’t renegotiate cheapert rents. “In Houston, business at several stores never fully rebounded after the hurricanez hit shutting down all stores for 10 days and in particularly the Phoenix location has been hurt by diminishing numbersa of snowbird shoppers who did not returbthis winter,” the company said.
EJ’s already closed a store in Costa Mesa, Calif. Accordinb to the bankruptcy filing, the company has assets of between $500,00p and $1 million and liabilities of between $10 million and $50 million. EJ’s, formerly known as Famous Brand Shoes, to the name in 2007 to St. Louis-based Inc., which then renamed its 23 Supermarket of Shoess retail stores toFamous Footwear. EJ’ s was founded in St. Louis in 1972 by Edwarxd “E.J.” Nusrala and his family. Nusralwa and his family still are the majorityu shareholders inthe company.

Friday, January 27, 2012

'EU sanctions pursues to affect IRI polls' - IRIBNews Agency

uqudenlid.blogspot.com


Press TV


'EU sanctions pursues to affect IRI polls'

IRIBNews Agency


Tehran's provisional Friday prayers leader, Ayatollah Sayyed Ahmad Khatami, said that the main objective of the European Union to impose economic sanctions and oil embargo on Iran is to adversely influence the upcoming elections in Iran.


Oil industry sees China winni ng, West losing from Iran sanctions

Reuters


'EU sanctions on Iran lead nowhere'

Press TV


Shell sees EU Iran sanctions pushing up oil prices

Reuters UK



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Wednesday, January 25, 2012

MPs are banking on meeting with Cable - This is Staffordshire

http://mymobif5.com/style-beauty/5-fabulous-lessons-we-learned-from-heidi-klum/


MPs are banking on meeting with Cable

This is Staffordshire


STATING OUR CASE: MPs Rob Flello, Tristram Hunt and Joan Walley, above from left, are hoping to talk to Business Secretary Vince Cable, main picture. Stoke-on-Trent North MP Joan Walley, a vocal campaigner in the bid to bring the GIB to Stoke-on-Trent, ...



Sunday, January 22, 2012

Reach Healthcare Foundation Company Profile | Company Information

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successor organization, the Community Health Group HCF, incorporated in received 80 percent of the assets based ona court-approvexd settlement agreement. The REACH Foundation was approvee by the IRS as a charitable organization inMay 2004, and the followiny month received nearly $100 million in initial assets. The Foundationb later received anadditional $10 million in asset s from CHG. These assets have since growmnto $142.5 million. Over the past four years, the Foundatiomn has awarded morethan $8.3 million in grants. Grant and program support has increasedfrom $1.7 millioj in 2005 to $4.8 million in 2007.
Since its establishment, the Foundationm has focused its investments in threeareas ? safety-net health services, oral healt h and mental health. ...

Friday, January 20, 2012

TiVo wins $103M round in EchoStar fight - Los Angeles Business from bizjournals:

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EchoStar lost an appeal in districtr courtin Texas. The court awarded Alviso-based TiVo TIVO) $103, 068,836 plus interest, whichb covers the period from Sept. 8, 2006 to Apripl 18, 2008. But EchoStar (NASDAQ: of Englewood, Colo., will appeal the matte r to the U.S Court of Appeals for the Federal Even ifTiVo triumphs, which observerx think likely, the awarf won’t wipe away its large accumulated deficit. In the fisca years 2008 and 2007, before it won TiVo lost $31.6 million and $49.1 million, respectively. TiVo has alreadh been awarded $105 million in this patent fightwith EchoStar. Thoughg that earlier EchoStar payment contributec to a profitof $103.
6 million for TiVo in the quarter endefd January, the company’s accumulated deficitr (how much it has lost or written off sinc it started) at that time was $672.1 million. “We will need to generatre significant additional revenues to achieve sustained the company said in its most recentquarterly filing. TiVo’s president and CEO, Tom 54, was paid a salaru of $800,000 in the latesg fiscal year. His total compensation for the yearwas $5.9 including $54,824 for housing related and living expenses, $42,796 in insurance related expenses, and $20,099 in familt travel related expenses, accordinv to TiVo’s proxy card.
Roger also sits on the board at , a Texas telephone book publisher that filed Chapter 11in March. He’s been a directodr there sinceNovember 2006. Idearc, baserd at the Dallas-Fort Worth paid a cash retainerof $60,000 to directoras in 2007, the latest year it’ws reported in a proxg statement. Former TiVo boardd member Charles Fruit, a marketing executivd who saton TiVo’s audit committee, died May 27. TiVo had 463 workersx as of March 23, more than half of them in researc h anddevelopment jobs.

Wednesday, January 18, 2012

Gas prices close to $3 mark - Phoenix Business Journal:

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According to the ’s Weekend Gas Watch, the average pricd of self-serve regular gasolinew in theLos Angeles-Long Beach area is $2.938 per gallon, whic is 11.3 cents more than last week, 52 centas higher than last month, and $1.55 less than last On the Central Coast, the average price is $2.98, up 10.3 centw from last week, 47 cents abover last month, and $1.40 beloe last year. In the Inland Empire, the average per gallob price is $2.929, which is 11.9 cents more than last 52 cents more than last and $1.55 less than last According to Auto Club Spokespersobn Jeffrey Spring, all of the major metropolitanj areas are within 5 cents of each other.
"Thizs is a rare instance that is probablyh causedby retailers’ reluctance to raise prices over $3. This phenomenonn also sometimes happens when prices are nearinga peak," Spring said in a statement.

Monday, January 16, 2012

Posted by Clint Henderson | January 16, 2012 - Fox News (blog)

tatyanagepoji.blogspot.com


Politico


Posted by Clint Henderson | January 16, 2012

Fox News (blog)


At 11am Jon Huntsman is expected to hold a news conference to announce he is dropping out of the race for the GOP nomination. He is also expected to throw his support to Mitt Romney. We'll take it live. 1100EST -- Holds press conference at the Myrtle ...


Paul retur ns to SC, picks up key endorsement

STLtoday.com



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