L L Bean profits rebound to pre recession levels
L L Bean reports profits back to pre recession levels and grants a 7.5 percent annual bonus for workers based on a March 15 payout. Revenue edges up slightly to 1.52 billion as productivity drives gains while online orders rise, aided by mobile traffic. The board also funds a 35 million increase into the defined benefit pension plan. CEO Chris McCormick urges Congress to resolve budget battles to boost the economy.
MENTIONED IN THIS ARTICLE
Freeport, Maine
L.L. Bean
Congress
Chris McCormick
McCormick
Freeport
Maine
Lovelace Welcomes New Gastroenterologist to Roswell
Lovelace Regional Hospital Roswell announces Daniel J. Freese CO as new board certified gastroenterologist. He brings GI outpatient clinic experience from the U.S. Air Force Academy and prior roles at Gould Medical Group and Colorado Center for Digestive Disorders. Freese earned a DO from New York College of Osteopathic Medicine and a BS from Hartford College. He is a fellow of multiple gastroenterology and medical associations.
MENTIONED IN THIS ARTICLE
Lovelace Regional Hospital
Roswell
Daniel J. Freese
Freese
Lovelace
10Th Medical Group
U.S. Air Force Academy
Colorado Springs
Colo
Gould Medical Group
Modesto
Calif
Colorado Center For
Longmont
Dr. Freese
Hareford College
New York College of Osteopathic Medicine
The
American College of Gastroenterology
American Society For Gastrointestinal Endoscopy
American College of Physicians
Southern Medical Association
Damages awarded in DePuy hip implant case in Los Angeles
A jury awarded 8.3 million to Loren Kransky in a suit against Johnson & Johnson DePuy Orthopaedics over an ASA XL metal hip implant. The trial found defectively designed design caused metal poisoning and injuries but rejected punitive damages and warnings claims.
MENTIONED IN THIS ARTICLE
Los Angeles
Johnson & Johnson
DePuy Orthopaedics Subsidiary
Loren Kransky
DePuy
Kransky
United States
Saeltzer
Lorre Gawreluk
Warsaw
Ind
ASA XL
Brian Panish
J C Penney to Cut 2200 More Jobs in Cost Drive
J C Penney confirms an added 2,200 layoffs across back office stores and district offices as sales slump and losses mount. CEO Ron Johnson's price based strategy under fire, with annual revenue down 25 percent to 12.98 billion and full year loss near 985 million.
MENTIONED IN THIS ARTICLE
New York
J.C. Penney Co
Joey Thomas
Penney
Ron Johnson
Johnson
Buying stocks now may be less risky than you think
New York reports that stocks look reasonably priced amid earnings strength and a strengthening economy. With unemployment easing and job growth solid, analysts note potential for further gains, though opinions vary on whether valuations are truly cheap.
MENTIONED IN THIS ARTICLE
Labor Department
Robert Shiller
Yale University
U.S
Investment Company Institute
Howard Silverblatt
S&p
Dow Jones
Treasury
Dow
Federal Reserve
Fed
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LL Bean
Doug Saeltzer
New Brunswick
N.J
JC Penney
Vornado Realty Trust
Steve Roth
John Butters
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