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AirNet operating but looking for a buyer

2014-10-04 09:37:14| Air Courier - Topix.net

Deeply in debt and now run by a court-appointed receiver, AirNet is looking for a buyer even as it continues to fly charter and cargo flights from its headquarters at Rickenbacker Airport. AirNet owes $14.5 million to a lender, according to a court filing, which notes it began " experiencing significant financial difficulties" in 2013 and soon after defaulted on the loan.

Tags: operating buyer airnet

 

Vodafone NZ sinks into the red as finance, operating costs mount

2014-10-03 04:54:28| Telecom - Topix.net

Vodafone New Zealand, the country's biggest mobile phone operator, reported its first annual loss since 2000 as related party finance costs from its TelstraClear acquisition and rising cost of sales weighed on the bottom line. The Auckland-based company posted a loss of $27.9 million in the 12 months ended March 31, from a profit of $55.9 million a year earlier, according to financial statements lodged with the Companies Office.

Tags: red finance costs operating

 
 

Cal-Maine Foods - Nice Business, But Buy On Dips As Current Operating Conditions Are Not Sustainable

2014-10-01 05:24:25| Livestock - Topix.net

I like the business, but am aware that current conditions will most likely not last, requiring a margin of safety before initiating a position. Investors in Cal-Maine Foods were not impressed with the company's first-quarter results, as shares were trading a percent lower following the earnings report, although the earnings release took place amidst a market sell-off.

Tags: not business conditions buy

 

Keep An Eye On Union Pacific's Operating Ratio

2014-09-29 13:22:09| Railroads - Topix.net

We think Union Pacific's operating ratio will be the best among peers by the end of this decade, aided in part by renewed pricing strength. The firm also boasts a strong Valuentum Dividend Cushion ratio and a decent annual yield.

Tags: operating eye union ratio

 

Eckert joins FFL as Operating Partner

2014-09-26 10:12:20| Toys - Topix.net

Robert Eckert, the former Chairman and CEO of Mattel, has joined FFL as an Operating Partner. Eckert served as CEO of Mattel from 2000 to 2011, and as Chairman from 2000 to 2012.

Tags: partner operating joins eckert

 

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