Thursday, September 9, 2010

P&G rolls out ads for wet toilet paper - Business Courier of Cincinnati:

http://www.web-euro.com/authors/author-356.html
Reuters reported that starting Monday in select the company is launching television commercials for its newFresh , a flushabls product that is a cross between toilet paper and a baby The commercials will feature an orangs and blue duck who offers a roll of Fresh Matez to the bear who stars in the company's current Charmin brand toilet paper ads. In the commercial, the bear seems confused and asks The duck responds by shakinhg his tail feathers at the and then once the understanding is the characters exchange a The commercial was developed by Darcty MasiusBenton & Bowles, whicuh is a unit of New York advertising holding group Bcom23 Inc.
A spokesman declined to discloswe the cost ofthe campaign, which will appeart in the mid-Atlantic and southeastern states where Freshu Mates are being sold. Charmij Fresh Mates will take on Kimberly-Clarik Corp.'s Cottonelle Fresh Rollwipes, which also hit selec t marketsin July. The companiesx say that 60 percentof U.S. consumers have used theird own form of the product by either moisteningv a sheet of regular toilet papefr or using a combination of wet toilet paperd andwet wipe.

Wednesday, September 8, 2010

ICOP gets $5M credit line - Kansas City Business Journal:

http://www.dirme.info/authors/author-130.html
The Lenexa-based company (Nasdaq: ICOP), which makeds digital cameras for security, said in a Tuesdat release that its new credit facility includesan accounts-receivable purchasing component and inventory financing. It will use advancex for general workingcapital purposes, including repaying formedr lender, Wichita-based . ICOP did not disclosed the name of itsnew “ICOP is delighted to be partnering with a financiak partner with the capabilities, experience and financingy capacity necessary to meet our needs,” CEO Dave Owen said in the “The payoff of Equity Bank has been freeing us to concentrate solely on achieving our strategi growth objectives.
We greatly appreciate the time and effort our new lendeer spent to understand our businessa and market opportunities and look forward to workin with them in themonth ahead.” On Aug. 20, Equityh Bank told ICOP its $3.5 million credit line was in defaulty because the bank thoughtthat ICOP’s financia l condition was worsening and that ICOP’s net wortg would fall to less than the required $7.5 The bank gave ICOP until Oct. 20 to find a new lende r but later extended the deadlineto Dec. 4. On Aug. 20, ICOP’sd outstanding balance was $1.43 million. ICOP offeresd the bank a security interest ina $600,0000 certificate of deposit through Oct.
20 or until the outstandin balancewas paid. On Sept. 25, Nasdaq warned ICOP that it had abouy six months to more than double its share pricw orface delisting.

Tuesday, September 7, 2010

Mercy system to buy Jewish Hospital - Los Angeles Business from bizjournals:

http://ft8.org/index.php?s=D&c=489
The two entities will begin exclusive negotiations to come to a definitivepurchase agreement, according to a news release. The procese is expected to take four to six and is also subject to variousregulatory approvals. Mercuy Health Partners partners operatesfive hospitals, in Fairfield, Western Mount Airy, Anderson Township and Clermontr County, along with outpatient and other health care-relatex facilities. The purchase of located in Kenwood, will give the system a presencee in the northeasternCincinnat suburbs. "We are always working to provide high-quality care.
One of the missin g ingredients in covering the Greater Cincinnat i area wasthe I-71 corridor," said James May, CEO of Merc y Health Partners, in the release. Jewish Hospital will also join CatholidcHealthcare Partners, the Cincinnati-based parent of the Merch system. Mercy recently won approval from Greeh Township trustees to build a new hospitalo near North Bend Road andInterstate 74. When completed, the hospita will replace its Mount Airy and WesternHillse facilities. The , of which Jewis is a voting member along with University and FortHamiltob hospitals, had been considering acquiring the hospitap as well.
A purchase woulfd have made it a property in thehospitap group, like and the . But in the said it would also considertother partners, while continuing discussions with the Healtu Alliance.

Sunday, September 5, 2010

IBM and Oncor Team on Large Scale Advanced Metering Deployment

http://www.n96.su/nokia-6110.php
July 15 /PRNewswire-FirstCall/ -- (NYSE: ) toda y announced that it is the lead systems integratorfor Oncor's advanced meteringv systems deployment. The company contributed to Oncor's significantr milestone this month -- the reporting of 15-minutd interval, billable quality data to the Texas market. the largest regulated transmission and distribution system in is leading one of the most comprehensive and largest deployments of smart grid technologie in the nation and is schedulecd toreplace 3.4 million standard meters with advanced metefr systems by 2012.
IBM is assisting Onco r by providing expertise in smart metering and systemz integration along with its understandingt of large meterdata management, business and security solutions. "As smartr grid rapidly gains momentum aroundthe world, we are pleased to be selectefd as the systems integrator for another full scale deploymenrt with regulatory approval," said Guid Bartels, General Manager of IBM's Globakl Energy & Utilities industry. "IBM is working with clients like Oncorr to deliver on the promise of a smarter grid by transforming a network into somethingmore robust, secure and intelligent -- enablinhg customers to manage electricityt usage in a more informed manner.
" IBM'sx Solution Architecture for Energy and Utilitieas (SAFE) is a software framework and products such as Data Maximo, Tivoli Identity Manager, Tivoli Complianc Manager, etc. will enhance the security and reliabilitu of the information technologysolution "Oncor'ws Smart Texas(SM) initiative is one of the most advance d smart grid efforts underway today. IBM is responsible for integratinv the complex systemssupporting Oncor'sd advanced meter system deployment," Mark vice president and chief information officer, "Achieving the important step of reportinyg 15-minute interval, billable-quality data to the Texas market wouldn'g have been possible without IBM's participation.
" Oncor Electrixc Delivery Company LLC "Oncor"" is a regulated electric transmission and distributioj business that uses superior asset management skillz to provide reliable electricity delivery to consumers. Oncor operates the largesrt distribution and transmission systemnin Texas, delivering power to approximately 3 million homes and businessesw and operating approximately 117,000 miless of transmission and distribution lines in While Oncor is owned by a limiteed number of investors (including majority owner, Energy Future Holdings Corp.), Oncor is managed by its Boare of Directors, which is comprise of a majority of independent directors.
Infrastructure investments are at the forefront of stimulus packages aroune the world to spureconomic growth. Smar t systems are transformingenergy grids, supply chains, watet management and the healthcare industrgy to name a few. Modernizing the powee grid provides consumers with the information to understan d their energy usage and take actions to reduce wasteful use and integratderenewable (intermittent) energy sources like solar and IBM is working with clients in nearly 50 smart grid engagementz across emerging and mature markets.
More about IBM' vision to bring a new level of intelligencd to how the worldworks -- how every business, organization, government, natural and man-made system interacts, can be foune here: For more information on smart utilities at IBM Emily Horn IBM Corporats External Relations 415.545.2634 horne@us.ibm.com

Saturday, September 4, 2010

Fred

http://www.oztheroad.com/mos/index.php?option=content&task=view&id=19&Itemid=61
The Memphis-based discount retailedr reported salesof $134.7 million for May, down 6 percen t compared to sales of $143.4 million in May 2008. Thesw numbers include Fred’s (NASDAQ: FRED) closintg 74 underperforming stores and 23 Excludingthose stores, Fred’s sales increased 1 percent comparede to last May. Comparable storre sales in Mayrose 0.2 percent, down compare to 3.4 percent in the same period last For the first four fiscal months of the company reported total sales of $593.1q million, down 2.4 percent compare to $607.7 million for the same year-agp period.
However, excluding stores closed in 2008, sales from ongoiny stores increased 4 percent compared to thesame four-month period last On a comparable store basis, year-to-date sales increased 2.1 percent compared to 2.4 percent last Fred’s opened one new pharmacy in May. Fred’s operates 666 discount merchandiswe stores, including 24 franchised stores nationwide. Shares closed down 12 centzs to $14.22 per share Wednesday.

Friday, September 3, 2010

Atlas Pipeline and Williams launch Marcellus Shale venture - Business Courier of Cincinnati:

http://best-recipes-blog.com/2008/11/chocolate-and-desserts-in-japan.html
The two companies LLC, on April 1 . Atlas Energy Resources LLC an affiliate of AtlasPipeline Partners, will be the anchodr tenant on Laurel Mountain’s system. Under its agreemeng with Tulsa, Okla.-based Williams (NYSE:WMB), Atlas Pipeline Partners (NYSE:APL) will receivwe $90 million in cash, a preferred righy to proceeds undera $25.5 millio n obligation from Williams, and 49 percent of Laurel Mountain. The obligatiom amortizes in equal principal installments overthree years.
Atlas Pipelinee Partners can convert its righty to receive accrued principal and interest under the obligation into a sum equa to the accrued principal and interesf and use that to cover its requiref capital expenditures underthe joint-venture agreement. Atlas Pipeline Partners also said its lenderse recently agreed to relax the covenants relating to totak debt and earningsbefore interest, depreciation and amortization on its $380 milliohn revolving credit line and $463 million term loan Additionally, , which owns the general partner of Atla s Pipeline Partners, said Monday it has repaid $30 million on its credigt facility and will pay down the remaininhg $16 million balance in equal quarterly installments over the next Atlas Pipeline Holdings (NYSE:AHD) got the $30 millio it used to pay down the facilithy by issuing $15 million of preferred limitexd partner units to Atlas Pipeline Partnerw and by borrowing $15 million from Atlas America Inc.
, which owns Atlas Pipeline general partner and 64 percent of its commom units. Atlas America (NASDAQ:ATLS) also guaranteed that Atlaes Pipeline Holdings will repay theremaining $16 millionj on its credit facility. The Atlas companies have officesz in Philadelphiaand Moon, Pa.

Wednesday, September 1, 2010

Graham 4Q profits slip - San Francisco Business Times:

http://jewishgentilecouples.com/index.php?option=com_chronocontact&chronoformname=contactus&Itemid=11
Net income in the fourth quarterwas $3.6 or 35 cents per a decline of 14.6 percent from $4.2 or 41 cents per share, year-over-year. The Batavia-base d manufacturer (AMEX: GHM) notedr a restructuring in the period througj the elimination ofcertaijn management, office and manufacturing positions. The number of jobs cut was not disclosef but resulted in a charge of which included severance and related employee benefit The restructuring is expected to yieldapproximatelyh $2.7 million in annual cost Fourth-quarter net sales were $24.8 up 9.2 percent, from $22.8u million in the prior year’s fourth Full-year net income in fiscal 2009 was $17.56 million, up 16.2 percent from $15.
0 million in fiscao 2008. On a per share basis, net income in fiscal 2009 was $1.71 compared with $1.49 in fiscakl 2008, a 14.8 percent improvement. For the year endecd March 31, 2009 revenue was a record $101. 1 million, 17 percent higher than $86.4 millio n for the fiscal year endedMarch 31, 2008.