BRIEFCASE.Byline: -- Staff and Wire Services Keystone's CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. off to Tennessee Auto parts Auto parts are components of automobiles. They mainly are, in alphabetic order (only car specific articles or articles with car section):
Richard L. Keister, Keystone's president and chief executive officer, said Tennessee provides better access to markets since more than half of the company's operations are east of the Mississippi. Keister and Chief Financial Officer Jeffrey T. Gray are among the executives making the move. Gray was named CFO See Chief Financial Officer. in March. Keystone operates 135 distribution facilities in 38 states and Canada, employing about 3,700. The company's product line for repairing damaged vehicles includes body parts and bumpers, remanufactured wheels and paint. About 125 employees, mostly in the company's accounting, information technology and marketing operations, will remain in Keystone's Pomona offices. Penney, Kohl's report big profits 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 -- Moderate price department store juggernauts J.C. Penney Co. and Kohl's Corp. reported double-digit gains in first-quarter profit that beat Wall Street expectations. They also offered upbeat outlooks. Penney said its profit rose 22 percent in the first quarter, as holding overhead costs overhead costs see fixed costs. below the rate of inflation helped the department store operator supplement a modest revenue increase. Penney raised its earnings outlook for the year, though not as high as analysts were expecting, and the company burned through some of its cash on hand. Rival Kohl's posted a 34 percent profit increase,boosted by strong sales across all segments of its business. The Menomonee Falls, Wis.-based retailer also raised its earnings outlook for the year. Still, analysts worry that higher energy costs and higher interest rates, which makes financing debt more expensive and could further cool the housing market, will crimp crimp a regular wave formation of small dimensions, e.g. the crimp of wool fibers epitomized in the Merino breed and its derivatives. crimp marks marks made by wrinkling the x-ray film while holding it between the fingers. consumer spending. Euro countries showing growth BRUSSELS, Belgium -- Economic growth in the 12 nations that use the euro currency accelerated to 0.6 percent in the first quarter, the EU statistics agency Eurostat said Thursday. The data is seen as boosting the case for an interest rate increase by the European Central Bank European Central Bank (ECB) Bank created to monitor the monetary policy of the countries that have converted to the Euro from their local currencies. The original 11 countries are: Austria, Belgium, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, Portugal, next month. The euro-zone economies bounced back from 0.3 percent growth in the last quarter of 2005 when the region's largest economy -- Germany -- did not expand at all. $2.1 billion more in Delta losses ATLANTA -- Delta Air Lines Inc., the nation's third-largest carrier, reported Thursday a first-quarter loss of $2.1 billion, plunging the beleaguered be·lea·guer tr.v. be·lea·guered, be·lea·guer·ing, be·lea·guers 1. To harass; beset: We are beleaguered by problems. 2. To surround with troops; besiege. airline into deeper financial straits. Excluding a flurry of bankruptcy restructuring costs, however, the Atlanta-based airline's losses are a tamer $356 million for the January to March period. Another example of the company's staggering restructuring costs: It said it will post a $1.6 billion loss during March alone, but all but $6 million of those losses are from restructuring fees and one-time charges. |
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