BRIEFCASE PRINCESS CRUISES GETS ITS NEW SHIP.Byline: - Staff and Wire Services SANTA CLARITA Santa Clarita, city (1990 pop. 110,642), Los Angeles co., S Calif., suburb 30 mi (48 km) NW of downtown Los Angeles, on the Santa Clara River; inc. 1987. Situated in the Santa Clara valley and nearby canyons, Santa Clarita includes the former towns of Canyon Country, - Santa Clarita-based Princess Cruises formally took delivery of its newest vessel, Island Princess, on Wednesday. The 92,000-ton ship was delivered to the company at the Chantiers de l'Atlantique Chantiers de l'Atlantique is one of the world's largest shipyards, based in Saint-Nazaire, France. It was created in 1861 by Compagnie Générale Transatlantique, but since 1984 has been owned by Alstom then Aker Yards since 2006. shipyards in St. Nazaire, France, and is now on its way to Vancouver. It will be the first cruise ship ever christened in the Canadian port city, with a ceremony slated for July 11 at the ship's berth in Canada Place. The 1,970-passenger Island Princess, sister ship to the Coral Princess, which debuted earlier this year, will begin its premiere Gulf of Alaska Noun 1. Gulf of Alaska - a gulf of the Pacific Ocean between the Alaska Peninsula and the Alexander Archipelago Pacific, Pacific Ocean - the largest ocean in the world season July 12. The ship will be based at home ports in Vancouver and Seward for seven- day northbound or southbound Gulf of Alaska cruises, redeploying to the Panama Canal in the fall. New Mercury Air stock being traded Los Angeles-based Mercury Air Group Inc. announced that Wednesday was the effective date of its one-for-two reverse stock split, which was approved by stockholders last November. The company's new common stock is trading under the split adjustment and will continue to trade on the American Stock Exchange American Stock Exchange (AMEX) Stock exchange in the U.S. Originally known as “the Curb,” it began as an outdoor marketplace in New York City c. 1850. It moved indoors to its present location in the Wall Street area in 1921. under the symbol MAX. Mercury Air Group provides aviation petroleum products, air cargo services and transportation, and support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services for international and domestic commercial airlines, general and government aircraft and specialized contract services for the U.S. government. The company operates four business segments worldwide: Mercury Air Centers Inc., MercFuel Inc., Maytag Aircraft Corp. and Mercury Air Cargo Inc Aircargo Communities Inc known as Air Cargo Inc, is the largest network of Air Freight Cartage agents and trucking companies providing services to the airline and freight forwarding community in North America. . Gemstar division set to 'scale back' Gemstar-TV Guide International Gemstar-TV Guide International, Inc. is a media company that licenses interactive program guide technology to multichannel operators, such as cable and satellite television providers, and consumer electronics manufacturers, video recorder scheduling code under brands such as VCR Inc. announced Wednesday that its eBook subsidiary, Gemstar eBook Group Ltd., would ``significantly scale back'' operations. Los Angeles-based Gemstar eBook has stopped selling eBook reading devices, and, effective July 16, will halt eBook content sales. ``For the next three years, Gemstar eBook intends to give current eBook users access to previously purchased content through eBook Online Bookshelves, and provide the Personal Content feature available through the Web bookstore,'' a company statement says. Users who have prepaid for periodical subscriptions or monthly content plans will receive refunds for the unused portions of their pre-payments. During the transition, Gemstar eBook ``will determine whether it will continue to operate the eBook servers that support these services, or to shut the servers down entirely,'' the statement says. Oracle kicks up bid for PeopleSoft SAN FRANCISCO - Oracle Corp. increased its offer Wednesday for rival PeopleSoft Inc. by nearly 22 percent to about $6.3 billion, an aggressive effort to push investors to approve a deal PeopleSoft executives have tried to thwart. Oracle's sweetened sweet·en v. sweet·ened, sweet·en·ing, sweet·ens v.tr. 1. To make sweet or sweeter by adding sugar, honey, saccharin, or another sweet substance. 2. To make more pleasant or agreeable. offer is the latest salvo in an increasingly bitter competition in the business software niche, which builds computer programs to run giant databases so corporate clients can store customers' credit card and other personal information, process transactions online or compile personnel data on internal Web sites. Germany's SAP AG dominates the market, followed by Oracle, PeopleSoft and about 3,000 smaller vendors. Oracle chief financial officer Jeff Henley said management decided to increase its cash offer to $19.50 a share from $16 a share after meetings with PeopleSoft's largest shareholders. Kodak projecting half the profits ROCHESTER, N.Y. - Eastman Kodak Co., already dragged down by a nearly three-year slide in film sales, warned Wednesday that the SARS outbreak in Asia will more than halve its operating profits in the second quarter. Its shares slumped more than 10 percent. The world's biggest photography company said it is now projecting earnings from continuing operations continuing operations Parts of a business that are expected to be maintained as an ongoing segment of an overall business operation. Income and losses from continuing operations are reported separately if any segments have been discontinued during the of 25 cents to 35 cents a share. In April, it had forecast operating earnings Operating Earnings Profits after subtracting expenses such as marketing, cost of goods sold, administration and general operating costs from revenue. Notes: Tax and interest expenses are not subtracted - operating earnings are synonymous with EBIT (earnings before in the range of 60 cents to 80 cents a share. Analysts surveyed by Thomson First Call had expected Kodak to earn 68 cents a share for the second quarter. Kodak earned 85 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. , excluding one-time items in the quarter a year earlier. |
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