In Conversation With Lee Myung-bak Wall Street Journal (blog) Following are some of the highlights of the conversation. Q: Ahead of the G-20 summit in Cannes, the dominant issue is the crisis in the euro zone. What's your assessment of the plan that has been put in place to tackle the crisis? ... |
Tuesday, November 1, 2011
In Conversation With Lee Myung-bak - Wall Street Journal (blog)
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Saturday, October 29, 2011
With more dining out less, chains eyeing kitchens - Portland Business Journal:
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Grocery stores now rival the typical shopping centert formerchandising restaurant-brand foods Starbucks, Dunkin’ Donuts, Quaker Steaok & Lube, Bob Evans and California Pizza Kitche n are among a growing number of dinin g chains with products on supermarket shelves and in freezer cases. “There is a conveniencs factor for consumers,” said spokeswoman Amy “Consumers keep telling us theywant it.” And what consumers they typically get.
Columbus-based is the latest to widej itsgrocery approach, putting its take-and-bakre pizzas into Kroger supermarkets in the Atlanta That adds 215 storees in the South to the 130 Krogerd stores that sell the pizza s in the Midwest. “We’ve performed at the high end,” said Donatoz spokesman Tom Santor, who declined to detaiol supermarket sales for thepizzeria chain. “Obviously, Kroger is This is a validationof that.” take-and-bake business began in 2005, when six Centra l Ohio Kroger markets started carrying the pizzas. Of restaurant-brand consumer products aren’t novel – Columbus-basedf has sold its breakfasft sausages at supermarketsfor decades.
But restauranyt companies are taking an greater interestt in the approach at a time when consumerws are paring their restaurant spending amida U.S. grocery store sales rose 6.7 percent last compared with a 5.5 percent increase in while restaurants have experienced a slowed paceof growth, according to Raleigh, N.C.-baseed financial researcher Donatos has its eye on the with a franchisee planning more than 60 shopsw in the Carolinas, but the take-and-bakw pizza entry into Atlanta is a return of sorts. At one the Ohio company had 23 restaurants opened and closedr in that area during the four years that Donatos was ownedcby McDonald’s Corp.
“We think we stillo have a lot of fansdown there,” said Bob Donatos’ vice president of food service, who said the pizzass appeal to consumers in searchn of a restaurant-prepared meal at a lower pricr and that can be consume d at home. The Atlanta region for Cincinnati-based Kroger covers Georgis but stretches intoother states, includint the Chattanooga, Tenn., and Hiltob Head, S.C., markets. Kroger stockd the pizzas in several varieties and price them below what Donatos charges atits restaurants. Baueer said Donatos is talking with other supermarketsas well, such as in where the 180-unit pizzeria chain operates but Krogerd doesn’t.
The company will look for other opportunitieswith Kroger, in cities where both companiews operate and communities such as Atlantaq where Donatos doesn’t exist. McCormicm said another possible target is rural Ohio wher the Donatos name maybe known, but its products aren’ty available. “We’re able to give our customers a productthey can’y necessarily get,” she said. Unlike chainw such as , whose branded ice creamm is madeby , and , whos e microwave flatbreads are produced by , Donatoz prepares its foods ratherf than outsourcing the work to a contractor. Its businessd expansion is linkedto $4.
5 million in research-and-development and manufacturing upgrades the company undertook in 2006 with the help of a $2.9 millioh loan from the state. “We have the manufacturingg nailed down,” Bauer said. “We’rr looking for significant growth soon.” Donatos’ Taylo r Station Road complex can servicew upto 1,500 supermarkets with 13-inchj take-and-bake pies, as well as 7-inch pizzas for the company’s entertainmenf venue business, which includes Central Ohio’sd major sports facilities, such as Nationwide Arena, and others in Ohio, Indiana and North
Grocery stores now rival the typical shopping centert formerchandising restaurant-brand foods Starbucks, Dunkin’ Donuts, Quaker Steaok & Lube, Bob Evans and California Pizza Kitche n are among a growing number of dinin g chains with products on supermarket shelves and in freezer cases. “There is a conveniencs factor for consumers,” said spokeswoman Amy “Consumers keep telling us theywant it.” And what consumers they typically get.
Columbus-based is the latest to widej itsgrocery approach, putting its take-and-bakre pizzas into Kroger supermarkets in the Atlanta That adds 215 storees in the South to the 130 Krogerd stores that sell the pizza s in the Midwest. “We’ve performed at the high end,” said Donatoz spokesman Tom Santor, who declined to detaiol supermarket sales for thepizzeria chain. “Obviously, Kroger is This is a validationof that.” take-and-bake business began in 2005, when six Centra l Ohio Kroger markets started carrying the pizzas. Of restaurant-brand consumer products aren’t novel – Columbus-basedf has sold its breakfasft sausages at supermarketsfor decades.
But restauranyt companies are taking an greater interestt in the approach at a time when consumerws are paring their restaurant spending amida U.S. grocery store sales rose 6.7 percent last compared with a 5.5 percent increase in while restaurants have experienced a slowed paceof growth, according to Raleigh, N.C.-baseed financial researcher Donatos has its eye on the with a franchisee planning more than 60 shopsw in the Carolinas, but the take-and-bakw pizza entry into Atlanta is a return of sorts. At one the Ohio company had 23 restaurants opened and closedr in that area during the four years that Donatos was ownedcby McDonald’s Corp.
“We think we stillo have a lot of fansdown there,” said Bob Donatos’ vice president of food service, who said the pizzass appeal to consumers in searchn of a restaurant-prepared meal at a lower pricr and that can be consume d at home. The Atlanta region for Cincinnati-based Kroger covers Georgis but stretches intoother states, includint the Chattanooga, Tenn., and Hiltob Head, S.C., markets. Kroger stockd the pizzas in several varieties and price them below what Donatos charges atits restaurants. Baueer said Donatos is talking with other supermarketsas well, such as in where the 180-unit pizzeria chain operates but Krogerd doesn’t.
The company will look for other opportunitieswith Kroger, in cities where both companiews operate and communities such as Atlantaq where Donatos doesn’t exist. McCormicm said another possible target is rural Ohio wher the Donatos name maybe known, but its products aren’ty available. “We’re able to give our customers a productthey can’y necessarily get,” she said. Unlike chainw such as , whose branded ice creamm is madeby , and , whos e microwave flatbreads are produced by , Donatoz prepares its foods ratherf than outsourcing the work to a contractor. Its businessd expansion is linkedto $4.
5 million in research-and-development and manufacturing upgrades the company undertook in 2006 with the help of a $2.9 millioh loan from the state. “We have the manufacturingg nailed down,” Bauer said. “We’rr looking for significant growth soon.” Donatos’ Taylo r Station Road complex can servicew upto 1,500 supermarkets with 13-inchj take-and-bake pies, as well as 7-inch pizzas for the company’s entertainmenf venue business, which includes Central Ohio’sd major sports facilities, such as Nationwide Arena, and others in Ohio, Indiana and North
Thursday, October 27, 2011
Zep posts $5.4M quarterly profit - Atlanta Business Chronicle:
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The Atlanta-based cleaning and maintenance chemicalscompany ZEP) had net income of $5.4 millionb and earnings of 25 cents a share, comparedx with net income of $168,000 and earnings of 1 cent a sharw in the third quarter of 2008. sales in the third quarteer dropped 15.3 percent to $123 million. Raw materiao costs in the thirr quarter of 2009 wentup $4.4 But the company has consolidatef facilities to reduce its overalo size by about 15 The results for the third quarter of 2008 includedr $9.3 million in restructuring charges.
“Weak customer demans across a number ofour end-markets couplefd with high raw material costs continued to placee downward pressure on our operating margins,” said John K. chairman, president and CEO of Zep, in an earnings “However, our restructuring and cost reductioj measures have gainedadditional traction, and our third-quarter gross profif margin exceeded that of the second quarterf by 2.7 percentage points.
I believe our abilituy to generate robust cash flow and strengthe our balance sheet during these challenging economic times is a testamenytto Zep’s associates, our business modep and our ability to continue to execute despite the recessionary Looking ahead, Morgan said the company will be profitablr in all four quarters next barring further deterioration in current economic conditions.
The Atlanta-based cleaning and maintenance chemicalscompany ZEP) had net income of $5.4 millionb and earnings of 25 cents a share, comparedx with net income of $168,000 and earnings of 1 cent a sharw in the third quarter of 2008. sales in the third quarteer dropped 15.3 percent to $123 million. Raw materiao costs in the thirr quarter of 2009 wentup $4.4 But the company has consolidatef facilities to reduce its overalo size by about 15 The results for the third quarter of 2008 includedr $9.3 million in restructuring charges.
“Weak customer demans across a number ofour end-markets couplefd with high raw material costs continued to placee downward pressure on our operating margins,” said John K. chairman, president and CEO of Zep, in an earnings “However, our restructuring and cost reductioj measures have gainedadditional traction, and our third-quarter gross profif margin exceeded that of the second quarterf by 2.7 percentage points.
I believe our abilituy to generate robust cash flow and strengthe our balance sheet during these challenging economic times is a testamenytto Zep’s associates, our business modep and our ability to continue to execute despite the recessionary Looking ahead, Morgan said the company will be profitablr in all four quarters next barring further deterioration in current economic conditions.
Tuesday, October 25, 2011
HPV tied to heart disease in women, but what about men? - CBS News
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msnbc.com | HPV tied to heart disease in women, but what about men? CBS News (CBS) Human papillomavirus has been tied to deadly cancers, including cervical and throat cancer. Now a study has linked HPV to a disease that takes even more American lives - heart disease. It suggests that people who have HPV are more than twice as ... Study Shows Link Between Heart Problems, HPV |
Sunday, October 23, 2011
Diagram Lost for More Than 350 Years Documents 'Seven Suns' of Rome - Scientific American
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Diagram Lost for More Than 350 Years Documents 'Seven Suns' of Rome Scientific American Herzog August Bibliothek WolfenbĂ¼ttel: (Graph. C 707) Around midday on 24 January 1630, seven suns seemed to blaze over Rome. Many onlookers took the phenomenon as a celestial omen of good or ill fortune, but an adherent of the scientific revolution ... |
Friday, October 21, 2011
RI to lift workers' moratorium on Malaysia - Jakarta Post
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Malaysia Star | RI to lift workers' moratorium on Malaysia Jakarta Post Hundreds of thousands of Indonesians waiting to work in Malaysia, along with would-be Malaysian employers, can let out a sigh of relief as Indonesia has agreed to end the moratorium on its maids working in Malaysia. During a meeting in Lombok, ... Jakarta to lift maid ban Indonesia To Resume Sending Maids To Malaysia From Dec 1 Indonesia to Lift Maid Freeze to Malaysia |
Sunday, October 16, 2011
Report: House panel wants Fed documents on BofA-Merrill deal - The Business Journal of the Greater Triad Area:
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according to The Wall Street Journal. The committe e asked the Fed to turn over documents last including e-mails to and from Fed Chairman Ben Bernanke, the Journalp is reporting. BofA Chief Executive Kennethh Lewis is scheduled to appear at a committeshearing Thursday. Charlotte-based BofA (NYSE:BAC) completed its deal for New York-basef Merrill Lynch on Jan. 1. Lewiss has been under intense pressure from BofA shareholdera for not disclosing the deptuof Merrill’s financial difficulties before the In February, Lewis testified under oath before New York Attorneuy General Andrew Cuomo that Bernanke and then-Treasurty Secretary Henry Paulson pressured the bank not to discuss its increasinglu troubled plan to buy Merrill.
Lewis said he believedr Paulson and Bernanke were instructing him to keep silenfabout Merrill’s financial problems. Merrill lost $15.3 billionb in the fourth quarter.
according to The Wall Street Journal. The committe e asked the Fed to turn over documents last including e-mails to and from Fed Chairman Ben Bernanke, the Journalp is reporting. BofA Chief Executive Kennethh Lewis is scheduled to appear at a committeshearing Thursday. Charlotte-based BofA (NYSE:BAC) completed its deal for New York-basef Merrill Lynch on Jan. 1. Lewiss has been under intense pressure from BofA shareholdera for not disclosing the deptuof Merrill’s financial difficulties before the In February, Lewis testified under oath before New York Attorneuy General Andrew Cuomo that Bernanke and then-Treasurty Secretary Henry Paulson pressured the bank not to discuss its increasinglu troubled plan to buy Merrill.
Lewis said he believedr Paulson and Bernanke were instructing him to keep silenfabout Merrill’s financial problems. Merrill lost $15.3 billionb in the fourth quarter.
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