BRIEFLY ITT GETS CONTRACT FROM AIR FORCE.Byline: - Staff and Wire Services VAN NUYS - ITT ITT Initial Teacher Training (UK) ITT I Think That ITT Invitation To Tender ITT Individual Time Trial (professional cycling) ITT Intention-To-Treat ITT In This Thread (forums) Gilfilan Defense & Electronics said Tuesday it won a $14.93 million contract modification from the U.S. Air Force. The contract calls for Van Nuy's-based ITT to provide three ground control approach radar-2000 systems, installation, flight check and three years of extended warranty options. UTG (UnixWare Technology Group) An organization formed in 1994 to establish UnixWare as an open standard. UnixWare was then owned by Novell who later sold it to SCO. UTG has since folded. gives Vien added functions UNIVERSAL CITY - Universal Television Group has given Patrick Vien additional responsibilities as president of Universal Studios Networks, it was announced Tuesday. Vien, currently president of UTG's Network Enterprises unit, the domestic arm that operates cable channels TRIO and NWI NWI Northwest Indiana NWI National Wetlands Inventory NWI New Work Item NWI Newsworld International (former channel 366 on DirecTV) NWI National Wraparound Initiative (Seattle, WA) , as well as overseeing UTG's interest in Sundance Channel, will now add the responsibilities of managing and operating the eight international channels that Universal owns. Those international channels include Sci-Fi UK, Studio Universal Italy, Studios Universal Germany, USA Network Brazil and USA Network Latin America. Storms hit sales at Pizza Kitchen Los Angeles-based California Pizza Kitchen California Pizza Kitchen (NASDAQ: CPKI, known within the food industry as CPK) is a casual dining restaurant chain that specializes in California-style pizza. The restaurant was started in 1985 by attorneys Rick Rosenfield and Larry Flax in Beverly Hills, California, Inc. announced Tuesday it is reducing first quarter earnings guidance to a range of 20 to 22 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. , citing weather-related sales losses. The company said ``severe weather in February made it extremely difficult to accurately staff the restaurants, and as a result, the company anticipates labor as a percent of sales to increase by approximately 110 to 130 basis points over prior year's first quarter.'' The company also reported that same-store sales through the first 12 weeks of the first quarter are in the mid 2 percent range, and that total revenues should increase approximately 17 percent to 18 percent for the quarter. ``In February, we lost approximately 40 days of restaurant sales or approximately $300,000 of sales,'' said President and 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. Fred Hipp. ``While the month of February was extremely difficult with the Presidents Day blizzard on the East Coast, the ice storms in Dallas and the heavy rains in California, I am overall pleased with our continued sales momentum,'' he said. BofA to relocate group downtown Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. announced plans Tuesday to relocate its National Consumer Banking and California headquarters to a new downtown Los Angeles Downtown Los Angeles is the central business district of Los Angeles, California, located close to the geographic center of the metropolitan area. The sprawling, multi-centered megacity is such that its downtown core is often considered just another district like Hollywood or location. BofA will be moving into space currently occupied by British Petroleum, a global energy company, in the 55-story building at 333 S. Hope St., which will be re-named Bank of America Plaza There are several buildings in the United States called Bank of America Plaza:
Signs at the roof line and plaza of the flagship building will bear the company's name. ``With our current lease expiring, we wanted to reinvest in a downtown site that visibly declares our commitment to Los Angeles and the state of California, and also represents our leadership as California's largest bank and the largest consumer bank in the nation,'' said Liam McGee, Bank of America National Consumer Banking president and president, Bank of America California. The building was home to Security Pacific National Bank before that company merged with Bank of America in 1992, McGee noted. Since 2001, Los Angeles has been the headquarters city for Bank of America National Consumer Banking, which includes more than 4,200 banking centers in 21 states and the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). . The city also has been headquarters for Bank of America California since 1999. Bank of America occupies 1.5 million square feet of office space in downtown Los Angeles. Write-off causes profits to decline BERLIN - German media company Bertelsmann AG's profits fell 25 percent last year as the music industry's troubles forced it to write off much of the value of its Zomba Music acquisition. But the company's 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 - which don't reflect one-time items - rose as new CEO Gunter Thielen trimmed unprofitable Internet-related activities and the company's books, music and television businesses improved. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion