BRIEFCASE.Byline: - Staff and Wire Services Bernanke pledges his best at the Fed WASHINGTON - New Federal Reserve Chairman Ben Bernanke vowed Monday to do his best to carry out the central bank's mission of fighting inflation, fostering economic growth and nurturing a healthy jobs climate. ``Our mission as set forth by the Congress is a critical one,'' Bernanke said Monday at his ceremonial swearing-in at the Fed's headquarters. Bernanke's first day on the job was last Wednesday. Shoe Pavilion Shoe Pavilion is an off-price footwear retailer based in Sherman Oaks, CA. It operates 108 stores throughout the Western and Southwestern areas of the United States. History The company was founded in 1979 and is based in Sherman Oaks, California. firm switches markets SHERMAN OAKS - Shoe Pavilion Inc. said Monday that Nasdaq has approved its application to move its exchange listing from the Nasdaq Capital Market Originally called the NASDAQ Small Cap Market, NASDAQ announced a name change to the NASDAQ Capital Market on September 27, 2005. [1] The NASDAQ Capital Market exists for securities of smaller, less-capitalized companies (small caps) that do not qualify for to the Nasdaq National Market. The company's shares will begin trading on the Nasdaq National Market at the open of trading Wednesday. Sherman Oaks-based Shoe Pavilion's securities will continue to be listed under the trading symbol Trading symbol See: Ticker symbol SHOE. Shoe Pavilion sells discounted footwear. The company has about 90 stores in the western United States Noun 1. western United States - the region of the United States lying to the west of the Mississippi River West Santa Fe Trail - a trail that extends from Missouri to New Mexico; an important route for settlers moving west in the 19th century . Commercial bank open for business WOODLAND HILLS - Western Commercial Bank is now open for business, the commercial real estate lender announced Monday. The independent bank, which raised $13.8 million in its initial stock offering, will focus on small and mid-sized business throughout the San Fernando Valley San Fernando Valley Valley, southern California, U.S. Northwest of central Los Angeles, the valley is bounded by the San Gabriel, Santa Susana, and Santa Monica mountains and the Simi Hills. . Carl W. Raggio III will serve as president and chief executive officer, with a staff of 13 employees. The bank will operate from 21550 Oxnard Street, Suite 100, with more information available at (818) 449-7700. Flu fears in China hurt KFC KFC Kentucky Fried Chicken (restaurant chain) KFC Kenya Flower Council KFC Kitchen Fresh Chicken (Kentucky Fried Chicken motto) KFC Kung Fu Cult (Cinema) KFC Kitchen Fixed Charge profits LOUISVILLE, Ky. - Fast-food giant Yum Brands Inc. said Monday that its fourth-quarter profit fell 4 percent, stemming from an accounting expense for employee stock options even as the company posted double-digit gains in its U.S. and some of its overseas operations. Operating profits were off sharply in Yum's fast-growing China division, which the company blamed on worries about avian flu avian flu: see influenza. . The parent of KFC, Taco Bell Taco Bell Corp., a subsidiary of Yum! Brands, Inc., is a Mexican-style quick service restaurant chain based in Irvine, California, United States. The restaurant has locations primarily in the United States and Canada, but also operates outlets in several other markets. and Pizza Hut posted net income of $226 million for the three months ended Dec. 31, compared with $235 million a year ago, though earnings per share in the latest period were flat at 77 cents because of a change in the number of shares outstanding. Wendy's targets youth to up sales COLUMBUS, Ohio - Wendy's International Inc. said Monday that it will focus more attention on younger consumers as it tries to turn around the sales trend at its hamburger restaurants where sales at stores open at least a year declined in 2005 for the first time in 18 years. The company will start selling breakfast food in 2007 after tests this year, plans to introduce new salads and deli sandwiches and test double-melt cheeseburgers, 99-cent chicken sandwiches and a vanilla Frosty, instead of the traditional chocolate, executives told analysts at a meeting in 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 . The company also plans to cut labor and supply costs at restaurants. |
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