Sky News Australia | Preview: Carlton v Fremantle Sportal.com.au Unlucky Fremantle midfielder Anthony Morabito (knee) will face another disappointing year on the sidelines, while ruckman Aaron Sandilands (hamstring) will probably miss the start of the 2013 season. Matthew Pavlich â" who had back, hip and Achilles ... Sat Mar 2, 19:4 0 Waite in doubt for round one clash Jarrad Waite is battling a calf injury. Picture: Michael Klein. Source: Herald Sun |
Wednesday, February 27, 2013
Preview: Carlton v Fremantle - Sportal.com.au
Friday, February 22, 2013
Google Rolls out Branded, Touch-Enabled Chromebook - The VAR Guy
CBS News | Google Rolls out Branded, Touch-Enabled Chromebook The VAR Guy Amid reports that Google (NASDAQ: GOOG) was readying a touch-enabled, Chrome OS laptop for sale later this year, poof! The hotly rumored system appearedâ"the search giant's first non-smartphone or tablet branded hardware, a snazzy cloud-based ... Chrom ebook Pixel unveiled: Google launches touchscreen-enabled laptop Google unveils $1300 touch-enabled Chromebook Pixel [video] Google Unveils Touch-Enabled Screens for Chromebook Computers |
Sunday, February 17, 2013
Eddie Bauer declares bankruptcy - Business First of Buffalo:
had struggled with its debt — a crisis that worsenedf as revenue dropped, part of an overalkl trend affecting most retailers durintgthe recession. The company has lost nearly a half billion dollarzs in the pastthrese years. Those losses, coupleed with the impact of the recessionm and debt payments apparently pushed the companyu into bankruptcycourt — a move that was rumored for Eddie Bauer became the latest majoer retailer to succumb to filing in bankruptcty court this recession.
The list also includexs Linens ‘n Things, Circuit City and Northwest retailerr , which sold its assets to a liquidator in April and closed 31 Inmany ways, Eddie Bauer’s crisis is not differenft from what most retailers are facing duringh this prolonged and deep recession, said Greg an Atlanta-based consultant for Conwau MacKenzie who works with financially stressed retailers looking to restructure. Most retaileres — except discount stores like Wal-Mart — have seen a fast drop-offv in retail revenue across the board, Charlestonn said. Many of the specialty retaio department stores haveseen double-digit same-stor e sales declines, he said.
“When revenue drops and same-storee sales drop, companies with less debt can weather a downtur nmuch longer,” Charleston said. “It becomes an issude much sooner if you are into liquidity As ofMay 11, Eddie Bauer reported haviny $289.5 million in outstanding including $187.8 million in term loans and $75 million in convertibles notes, which company executives have been trying to persuads debt-holders to convert into shares of the According to a filing with the , Eddie Bauer had total assetsw of $525.22 million in April. The compang listed total liabilitiesof $448.9 Eddie Bauer reported net lossees of $165.5 million in fiscal year part of a total of $478.
7 milliobn in losses during the past three fiscal In the first quarter that endef in April, the company reported net losses of 44.5 For the first quarter of fiscal year 2009, which endexd April 4, Eddie Bauer reported a loss of $44.5 million. That was a greater loss than the firsty quarterof 2008, when the company reported a $19.34 million loss. Net sales for the first quarte r of 2009were $179.8 million, compared with net sales of $213.3 million in the first quarter of 2008. The company said that combined comparable storesales — a barometer of successe at the store level — fell 11.
3 percentr for the first quarter, a declines the company blamed on the recession and reduced retail spending. Sales were down nearlgy 15 percent inEddie Bauer’s retailo stores and sales through its direct channel were down nearly 11 The outlet stores saw sales decline by nearlyu 76 percent. “The first quarter was a difficult one, as the sharp downturn in the economyh took its toll on our We continued to focus on cost cutting and cash flow which helped mitigate the impact of lower sales,” said CEO Neil in a statement with the first-quarter results filed with the SEC.
Eddie Bauer has 370 stores, including 251 retail storeds and 119 outlet storew in the United Statesand Canada. Eddid Bauer has 17 stores in Washington and 11 storesin (See a copy of the bankruptcy filinb .) But by filing for reorganization under Chapter 11 of the federalp bankruptcy code, Eddie Bauer hopesz to avoid the fate of Joe’s Sports Outdoor, which filed for bankruptcyh protect March 4. The Wilsonville, Ore.-based company had hopex to finda buyer.
But In April, a bankruptcy judge approved the liquidation ofthe Joe’s stores aftere the company could not find a Joe’s had 31 Northwest storesz — 10 of them in King and Pierce counties — that held going-out-of-businessw sales after the company’s assets were snapped up at bargai n basement prices by , a liquidator that also sold off merchandisse for Circuit City.
Thursday, February 7, 2013
Rubber chickens, diapers suggested for China's holiday travel - Yahoo! News (blog)
Rubber chickens, diapers suggested for China's holiday travel Yahoo! News (blog) HAINING, China (Reuters) - A luggage trolley that converts into a seat and a pole with pads that props up sleepy passengers are just a couple of the gadgets intrepid Chinese have devised to help make their annual New Year train trips home a little more ... |
Tuesday, January 22, 2013
Thursday, January 17, 2013
Genmar warranties still good - Nashville Business Journal:
Tracy Carrell says the letter came after boat manufacture r on Monday filed for Chapter 11bankruptcy protection. Genmar owns 15 different brandof boats, which means dealers everywhere are impacted. She says cash customersw for boats at her dealership haveremainedr strong. But trouble financinv in the current economy meanx others have been forced tohold off. “Thr boating business has been affected a lot likecars have,” she The petition to reorganize its debts was filee in U.S. Bankruptcy Courf in Minneapolis — where the company is headquartere — along with more than 20 related Genmar has between 100 and199 creditors.
It listsx its assets in the rageof $10 millioh to $50 million and its liabilities betweeb $100 million and $500 according to court documents. The largest unsecured creditorsare Edelman, Borman, Brand, a Minneapolis-based law firm which is owed Merchant & Gould, a law firm in is owed $155,800. The only secured creditors are and FifthThird Bank, according to a storgy in the Minneapolis Star Tribune. Genmar said it has receivee commitment fora debtor-in-possession (DIP) financing proposal from both banks.
In a Genmar Chairman, CEO and largest shareholder Irwi n Jacobs said sales ofthe company’s fishing luxury yachts and other products started to declinre in 2008, but worsened in recenyt months. The company’s sales in fiscal which ends in June, are likely to be abour $460 million, off by more than 50 percent fromfiscal 2008. “If someonde would have said to me as recentlyt as even one month ago that Genmaer would someday be filing forChapter 11, I would have said it was not even a remotwe possibility,” Jacobs said. Genmar had been makinhg some strategy changes inrecent months, announcing plans to launch a line of less-expensive aluminum A spinoff company, Pa.
-based VEC Technology, and otherd Jacobs-related companies aren’t included in the VEC is now in the business of making giany blades for energy-generating windmills. Law firm Fredrikson Byron in Minneapolis, is representinb Genmar in thebankruptcyu case.
Sunday, January 13, 2013
Kendall
million foreclosure lawsuit against the develope of theRivendell single-family home projectg in West Kendall. The Miami-based bank files the foreclosure action on June 9against Miami-base Crestview II, Marsol One LLC and managinfg member Marcial Solis, according to records. The complaint target s 28 unsold homes and home sitessin Rivendell, which is along Mille Drive (Southwest 56th Street) between Southwes t 167th Avenue and the Miccosukeee Golf and Country Club. Afted starting construction in 2004, Crestviewq II sold 103 homes in Rivendelll from 2005 through the most recent salein January. Fort Lauderdale-basefd attorney Charles Lichtman, who represents TotalBank in its demandefor $12.
2 million on the outstandinb mortgage, did not immediately return a call seekinv comment. TotalBank reported havingg $86.4 million in late or unpaid ornearly 6.5 percent of its total as of March 31. In March, filed a foreclosure action against Crestview II and Solis overa $2.1 milliob mortgage.


