BRIEFCASE BALLOTS TO GO OUT ON SAG DUES HIKE.Byline: - Staff and Wire Services Ballots requesting a dues increase will be mailed today to Screen Actors Guild members, the group announced. If approved by the membership, SAG dues would increase to $130 a year from the current $100, and the initiation fee would rise to $2,085 from $1,356. In addition to the 30 percent increase in annual dues, the proposal would increase dues on earnings up to $200,000 to 1.95 percent from 1.85 percent. Actors earning more than $200,000 a year would face a doubling in work dues to 1 percent from .5 percent, with a cap at $500,000. The last time SAG increased dues was in 1999. The previous increase occurred in 1987. The board voted 80 percent to 20 percent to seek the increases. Votes are due back by May 28. Edison earnings up from last year ROSEMEAD - Edison International Edison International (NYSE: EIX) is a public utility holding company based in Rosemead, California. Its subsidiaries include Southern California Edison, and un-regulated non-utility assets Edison Mission Energy, a power producer, and Edison Capital. recorded consolidated earnings per share of 30 cents in the first quarter, compared with 17 cents in the year-ago period on a reported basis. The increased earnings primarily reflect higher operating results at Edison Mission Energy and a gain on the sale of its interest in Four Star Oil & Gas, according to the company. Reported earnings in the 2003 first quarter included a three-cents-per- share charge at EME n. 1. An uncle. from the implementation of a new accounting principle and one cent per share in earnings from discontinued operations Discontinued operations Divisions of a business that have been sold or written off and that no longer are maintained by the business. at Southern California Edison Southern California Edison (or SCE Corp), the largest subsidiary of Edison International (NYSE: EIX), is the primary electricity supply company for much of Southern California. It provides 11 million people with electricity. . Intel shifts focus to new processors SAN JOSE - Switching gears for its next-generation microprocessors, Intel Corp. said it has canceled an existing project so that development efforts can be focused on a more advanced technology that's making faster progress than expected. The new processors, expected by 2005, will sport dual computing engines instead of the single core of today's Pentium 4 processors. The move will boost performance over existing hardware, Intel spokeswoman Laura Anderson said Friday. Today's single-core Pentium 4s are enabled with a technology, called Hyper-Threading, that enhances performance by essentially tricking the operating system into behaving as though there are two processors instead of one. Martha Stewart firm sees big loss NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of - Martha Stewart Living Omnimedia Martha Stewart Living Omnimedia Inc. (MSLO, NYSE: MSO) is publishing and content provider founded by Martha Stewart. The Company's business activities center around the domestic arts. In 2005 MSLO reported revenues of US$209.5 million compared to US$187. Inc. reported a wider-than-expected loss for the first quarter as advertising revenue declined and it struggles with the fallout from a felony conviction of its namesake founder who once ran the company. The company on Friday also offered a downbeat down·beat n. 1. Music a. The downward stroke made by a conductor to indicate the first beat of a measure. b. The first beat of a measure. 2. Informal A period of stagnation or inactivity. outlook, warning that losses for the second quarter would be greater than Wall Street expected. The New York-based company said it will begin to make some editorial changes of its flagship magazine Martha Stewart Living Martha Stewart Living is a magazine and a television show featuring entertaining and home decorating guru Martha Stewart. Both the magazine and the television program focus on the domestic arts. starting with the June issue. For the three months ended March 31, Martha Stewart Living Omnimedia reported a loss of $20.26 million, or 41 cents per share Cents per share The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. , in contrast to a loss of $4.51 million, or 9 cents per share, a year ago. |
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