Businesses across America cash in on smoking bans
A year after Georgia forced restaurants to extinguish their smoking sections, the sign outside Chuck and Kay Fordhams diner defiantly invites customers to Bring Your Butts On In.
Inside, ceiling fans stir the smell of frying bacon and hashbrowns with clouds of blue cigarette smoke as patrons puff away over cups of coffee. Butts pile up in ashtrays scattered on the tables and lunch counter.
Folks who dont want a side order of secondhand smoke with their eggs and burgers should probably stay away from the Smokers Cafe.
More : courier-journal.com
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Fortress America seeks shareholder approval for acquisition
Fortress America,formed in 2004 to acquire one or more homeland security businesses, is seeking shareholder approval to buy VTC, a holding company for two businesses that help plan and develop facilities such as data centers.
Arlington-based Fortress America says it has filed a preliminary proxy statement with the Securities and Exchange Commission asking for approval from its stockholders to purchase VTC, which owns two Beltsville-based companies, Total Site Solutions and Vortech.
Total Site Solutions designs and builds data centers, call centers and network operations centers. Vortech provides power and data communications systems for facilities.
Corporate America goes global in relief efforts
The killer tsunamis, hurricanes and earthquakes of the past year have led to more aid from U.S. companies.
They are increasingly reaching out to donate money and supplies, as well as providing expertise, training and services.
Awash in cash as a result of the high-flying economy, corporations and execs' private foundations can now respond faster, helped by the overseas presence of many U.S. businesses that often see an opportunity to advance their strategic interests.
According to the U.S. Chamber of Commerce, the devastating Indian Ocean earthquake and tsunami of Dec. 26, 2004, triggered the largest corporate aid
Cash America Raises 1Q Expectations
International Inc., one of the largest providers of non-recourse loans, said Thursday it expects first-quarter earnings to be better than it previously forecast, aided by higher retail sales and stronger margins.
Cash America now expects to post first-quarter earnings of 49 cents to 50 cents per share, compared to its previous forecast of 43 cents to 45 cents per share.
In the 2005 first quarter, the company earned 39 cents per share.
Cash America said it saw higher levels of retail sales and stronger gross profit margins during the quarter, partly thanks to higher prevailing market prices of gold.
Cash America Issues $40 Million of Long-Term Fixed Rate Notes
Cash America International, Inc. (NYSE:CSH) announced today that the Company has issued senior unsecured long-term notes to a group of institutional investors in the amount of $40.0 million. The notes bear interest at an annual fixed rate of 6.12% and have a ten-year final maturity and a seven-and-one-half year average life.
The issuance of the notes is consistent with the Company's approach of periodically issuing long-term fixed rate securities as a means of ensuring that a portion of its capital structure is immune to fluctuations in short-term interest rates. Proceeds from
(PRN) D.R. Horton, Inc., America's Builder, Declares Quarterly Cash Dividend, a 48% Increase
D.R. Horton, Inc. (NYSE: DHI), America's Builder, Thursday (January 12, 2006) announced that it has declared a cash dividend of ten cents ($0.10) per share. The current dividend represents a 48% increase over the $0.0675 per share quarterly cash dividend declared in the same quarter of last year, as adjusted for the fourfor -three stock split of March 16, 2005. The dividend is payable on February 10, 2006 to stockholders of record on January 27, 2006.
D.R. Horton, Inc., America's Builder, is the largest homebuilder in the United
