Payless Footwear posts higher Q2 profit but misses estimates
Payless ShoeSource reports Q2 earnings of 32.5 million dollars, 48 cents per share, up from 19.9 million a year ago, with 1.8 percent revenue growth to 706.4 million. Wall Street had expected 53 cents per share on 703.8 million in revenue. shares fell about 11 percent to 23.10. Corporate forecast includes 90 to 95 million in depreciation and amortization and 120 million in capital spending for 2006. Payless operates 4,584 stores across North and Central America, including one in Lawrence.
MENTIONED IN THIS ARTICLE
Payless ShoeSource Inc
Wall Street
Thomson Financial
New York Stock Exchange
Payless
North
Central America
Lawrence
Open house set for Lawrence Therapy Services relocation
Lawrence Therapy Services relocates to 2200 Harvard Road with a mixer and open house sponsored by the Lawrence Chamber of Commerce. The free event runs 5 p.m. to 7 p.m. on Wednesday, featuring Laura Bennets and Kim Hoffman, founders since 2000, and offerings across physical, occupational, speech, massage, marriage and family therapy, plus community classes.
MENTIONED IN THIS ARTICLE
Lawrence Therapy Services
Harvard Road
Lawrence Chamber of Commerce
Laura Bennetts
Kim Hoffman
Contact details for Mark Fagan business editor
The business editor Mark Fagan can be reached at phone 832-7188 or email mfagan@ljworld.com for assignment coordination and sourcing.
MENTIONED IN THIS ARTICLE
Mark Fagan
Mfagan
Ljworld
Ljworld.com
PPE Projected Price Earnings Ratio Explained
The PPE ratio equals the closing price divided by projected earnings per share for the next 12 months. Earnings estimates come from Institutional Brokers' Estimate System. A PPE below PE signals expected higher next year earnings, while a PPE above PE suggests lower earnings ahead.
Bioenergy center project eyed by Sunflower Electric
Sunflower Electric Power Corp in southwest Kansas plans an integrated bioenergy center on a 10,000 acre site near Holcomb. The venture links meat processing, dairy, ethanol and biodiesel plants to a coal powered energy center. Partners include Kansas Bio Science Authority and Kansas State University. The plan envisions manure methane for ethanol, algae reactors using coal plant flue gas, and algae water reused for steam. The project aims to produce renewable energy and conserve resources, with a $3.6 billion investment and an uncertain timeline.
MENTIONED IN THIS ARTICLE
Steve Miller
Journal-World
Sunflower Electric Power Corps
Holcomb
Trevor McKeeman
Earl Watkins
Clay Blair
U.S
Jerry Moran
R-Kan
Sunflower
Kansas Bioscience Authority
Kansas State University
Kansas
Sunflower Electric’Power Corp
Co-Op
Bioscience Authority
Blair
Authority
Miller
Northwest Airlines Riles Staff With 165 Page Ground Ops Handbook
The bankrupt Northwest Airlines circulated a 165 page handbook titled Ground Operations Restructuring Q&A and Employee Support. It covers pension and retirement topics as part of preparing employees for possible job losses or transitions amid the reorganization.
MENTIONED IN THIS ARTICLE
Northwest Airlines
Eagan
Northwest Riles Employees With Frivolous Money Saving Tips
Under bankruptcy protection Northwest faced employee backlash over a section in the handbook Coping with Job Loss featuring 101 Money Saving Tips. Items urged thrift like dumpster diving and yard-sale refinishing drew objections. Airline officials apologized and CEO Doug Steenland pledged tighter review of materials.
MENTIONED IN THIS ARTICLE
Northwest
Doug Steenland
Grain and Livestock Futures Rise At Chicago Board of Trade
Grain futures advanced with wheat at 3.66 a bushel and corn at 2.23 1/2, oats 1.75 1/4, soybeans 5.52 1/4. Pork and cattle futures mixed, lean hogs down, and bellies lower. Local elevator prices show soybeans at 5.07 and wheat around 4.34, with corn near 1.99. Nonferrous metals and precious metals quotes listed for the day.
MENTIONED IN THIS ARTICLE
Chicago Board of Trade
Chicago Mercantile Exchange
Ottawa Cooperative Assn
Ottawa
Milo
Edgerton
Overbrook
Midland
Lawrence North
Tor
Lawrence South
Pauline
Also Mentioned on This Page
Payless ShoeSource
Ljworld Com
TKR
At&t Inc
AmSouth
ASO
Bb&t Cp
Berkh
Boeing
Brooke Co
Bukinsf
BNI
Caseys
Cisco
CSCO
Citigro
Cocacl
DelMate
Donneyrr
Edwards
GPS
Garmins
Genentch
DNA
GenElec
Goodyear
Gt PlainEn
HCA Inc
HCA
Heinz Harleyd
HNZ
Hercules
Intel
JNJ
Johnnn
Kroger Star
Macerich
Merck
Microsoft
MSFT
Oreillya
ORLY
Parkers
PaulShoe
PSS
Penney
PeopEn
PGL
PepsiCo
PEP
Pfizer
SprintNex
Target
Verizonem
WalMart
Walgr
WEC
WestarEn
WmsCos
Dilbert
Wally
Electric Cooperative
By Mark Fagan
Jwortd.com
Scott Miller
The
Electric Co-Op
Roman Blahoski
Michelle Singletary Singletarym
Washpost.com
Mobile
Iowa
W. 6Th
Deutsche Telekom AG
T-Mobile USA
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!