Archive for February 2007

Feb 28

Scripps Updates Financial Outlook

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CINCINNATI — /PRNewswire-FirstCall/ — The E. W. Scripps Company has updated its financial outlook for the first quarter and full-year 2007 to reflect changing business conditions for its newspaper publishing and interactive media businesses.

First quarter income from continuing operations is now expected to be 33 cents to 37 cents per share compared with the previously issued guidance of 39 cents to 43 cents per share. Income from continuing operations during the first quarter of 2006 was 49 cents per share. » Read more after the jump →

Feb 28

Imperial drives home good results

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Johannesburg - Imperial Holdings on Wednesday reported a 21 percent rise in headline earnings per share to 749 cents for the second-half of 2006 from 616.9 cents for the corresponding period a year ago. Diluted HEPS were up 19 percent to 686.9 cents from a previous 578.2 cents.

A distribution of 280 cents per share was declared, comprising a capital distribution out of share premium of 160 cents and a dividend of 120 cents.

The distribution was up 22 percent from 230 cents a year ago. » Read more after the jump →

Feb 28

Scripps Updates Financial Outlook

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CINCINNATI — /PRNewswire-FirstCall/ — The E. W. Scripps Company has updated its financial outlook for the first quarter and full-year 2007 to reflect changing business conditions for its newspaper publishing and interactive media businesses.

First quarter income from continuing operations is now expected to be 33 cents to 37 cents per share compared with the previously issued guidance of 39 cents to 43 cents per share. Income from continuing operations during the first quarter of 2006 was 49 cents per share. » Read more after the jump →

Feb 28

Home Equity Income Trust Announces Annual 2006 Financial Results

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TORONTO - Home Equity Income Trust (TSX: HEQ.UN (the Trust)), which pays cash distributions earned from a portfolio of reverse mortgages originated by Canadian Home Income Plan (CHIP), today announced its financial results for the year ended December 31, 2006.

In 2006 the Trust achieved record-breaking levels of mortgage originations, portfolio growth and net income. New mortgage originations of $104.6 million exceeded the prior year by 18%, and combined with the impact of compounding interest resulted in the portfolio increasing by a healthy 15% to $611.9 million. » Read more after the jump →

Feb 28

Martha Stewart 4Q profit beats estimates

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Martha Stewart Living Omnimedia Inc.’s profit shot up more than fivefold in the fourth quarter from a year ago amid a resurgence across its businesses which range from magazines and TV shows to home fashions.

Martha Stewart Living said Wednesday it earned $16.21 million, or 31 cents per share, for the three-month period ended Dec. 31, compared to $2.95 million, or 6 cents per share, in the year-ago period. » Read more after the jump →

Feb 28

Local church members help build home

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Members of the Truckee Lutheran Presbyterian Church recently saw their work come to fruition at a Habitat for Humanity home in Nevada City.

Working with Thrivent Financial for Lutherans, Habitat for Humanity, Peace Lutheran and Grace Lutheran churches of Grass Valley, Truckee church members helped fund and build a home for a low-income family. The home was dedicated on Feb. 18. » Read more after the jump →

Feb 28

Home Inns to Report Fourth Quarter and Full Year 2006 Financial Results on March 7th, 2007 US Time

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SHANGHAI, Feb. 28 /Xinhua-PRNewswire/ — Home Inns & Hotels Management Inc. , a leading economy hotel chain in China, today announced that it will report its financial results for the fourth quarter and full year 2006 results after the U.S. market closes on March 7th, 2007. Home Inns’ management will hold an earnings conference call at 8 PM on March 7th, 2007 U.S. Eastern Standard Time (9 AM on March 8th, 2007 Beijing/Hong Kong time). » Read more after the jump →

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