Outback Steak House stock analysis stirs investor debate
Malcolm Berko analyzes Outback Steakhouse USSI 331 stock, noting large growth and recent revenue gains but warns on margins and competition. He tracks past splits from 1991 to present, discusses store expansion, potential 400-unit goal by 2002 03, and questions lasting profitability. He cautions readers to research further before investing.
MENTIONED IN THIS ARTICLE
QSSI
Matilda
California
mid-Atlantic
OSSI
Outback
Tokyo
Puerto Rico
Canada
Far East
United States
Malcolm Berko
P.O. Box
Silver pushes weeklong tax holiday to entice shoppers
Assembly Speaker Sheldon Silver urged making a temporary clothing and shoe tax holiday permanent. A week from January 18 to 24 waives state sales taxes to entice shoppers to stay in New York, offsetting roughly 20 million dollars in lost revenue with expected increased business.
MENTIONED IN THIS ARTICLE
Assembly
Sheldon Silver
Binghamton
Scranton
Silver
State Department of Taxation and Finance
Usherwood Copier Products in Syracuse Celebrates 20 Years
Rimes Name of business Usherwood Copier Products located at 1005 W Fayette St Syracuse is owned by Lou Ashewood. The 30 employee shop sells and services Sharpe copiers and facsimile machines and digital copying systems across Upstate New York from Rochester to Albany. The owner, with a lifelong copier background, attributes success to new technology training and customer care while facing competition from national distributors. Financing has been self-sourced from earnings over the last 20 years.
MENTIONED IN THIS ARTICLE
Usherwood Copier
Fayette St
Syracuse
Lou Ashewood
Sharpe
Upstate New York
Rochester
Albany
Company Snapshot details submission guidelines
The snapshot runs midweek on the herald Journal business page. Interested businesses must be locally owned for over six months and can contact Company Snapshot at P O Box 4915 Clinton Square Syracuse NY 13221 or by phone 470-3023 or fax 470-3019. No charge applies.
MENTIONED IN THIS ARTICLE
Herald- Journal
Clinton Square
Syracuse
N.Y
Susan Royat
Company Matters
Herald- Journal Business Desk
Copier links boost desk work by computer integration
The company will expand to connect copier machines with computers enabling employees to stay at their desks and send documents to the copier. This move aims to streamline workflow and reduce movement across the office.
Electronics firms vow new gadgets at Las Vegas show
The electronics industry aims to revive demand after a slow season as retailers seek the next hot product at the Consumer Electronics Show in Las Vegas. DVD players debut this spring from Sony and others, with price starting around 600 dollars and projected sales near 1 million this year. Concerns linger about easy use, real usefulness, and the need for crisper display on larger monitors.
MENTIONED IN THIS ARTICLE
U.S
Las Vegas
Chuck Cebuhar
Sears Roebuck & Co
Sony Corp
Gramming
Gateway
Princeton Graphic Systems
Mark Russell
Bang & Olufsen Electronics
Manhattan
Long Island
Judge OKs simplified claim form for Bennett creditors
U S Bankruptcy Court Judge Stephen D Gerling approved a two page simplified proof of claim form to ease filing for creditors who bought leases from the Bennett companies. The deadline is March 15.
MENTIONED IN THIS ARTICLE
Bennett Companies
Bankruptcy
Stephen D. Gerling
Daniel Stolz
Stolz
Bennett
College accepts new annual giving director Mariachiara Ciriello Nash
LB Moyne College names Mariachiara Ciriello Nash to lead annual giving overseeing daily operations of the program. She comes from Syracuse University and United Way of Central New York in prior roles. Gerald R. Scott joins Goldberg's Furniture as controller overseeing accounting data and credit for six locations. Gabriele Hotaling named advertising director handling scheduling budgeting and production for all print ads. MB Robert J. Schaefer joins Pasquale & Bowers as audit and accounting services professional in Syracuse.
MENTIONED IN THIS ARTICLE
Mariachiara Ciriello Nash
LB Moyne College
Syracuse University
United Way
Central New York
Gerald R. Scott
Syracuse
Goldberg
Gabriele Hotaling
Robert J. Schaefer
Pasquale & Bowers
Certfied Public Accountants
Board elects new directors and officers at Consortium for Children's Services
The Consortium for Children's Services Inc announces newly elected board members Maureen Drescher Lil Greene Mary Kipter Stewart Koenig Kristen Morey Matt Mulcahy Kevin Mulray and Marilyn Yespa. Elected officers are Deborah Borenstein president Sharon North Tup vice president Bernie Corbishtey treasurer Beverly Short secretary and Lucy Paris at large. Linda J. Trapiin is named to the College of American Pathologists Council on Public Affairs and as vice convener of the Medical Relations Working Group.
MENTIONED IN THIS ARTICLE
Consortium For Children’s Services Inc
Maureen Drescher
North Area Ymca
Lil Greene
The
Greene Group
Mary Kipter
American Cancer Society
Stewart Koenig
Koenig McS
Kristen Morey
Catholic Charities Family Division
Matt Mulcahy
Wstm-Tv3
Kevin Mulray
Onondaga County
Marilyn Yespa
Deborah Borenstein
Sharon North- Tup
Bernie Corbishtey
Beverly Short
Lucy Paris
Linda J. Trapiin
Solvay
Community General Hospital
Syracuse
College of American Pathologists’ Council On Public Affairs
Real estate firm launches home auction service in Syracuse
Gallinger Real Estate and Better Homes and Gardens begin an auction option for homes, with buyers pre qualified, fees at 10 percent of bid, 5 percent upfront and 4 percent due within three days. Sellers choose reserve or absolute sale, if reserve and no sale 2 percent of reserve owed.
MENTIONED IN THIS ARTICLE
Mave Art Alternative
Gallinger Real Estate
Better Homes and Gardens
Genny Oswald
Jim Forby
Gallinger
Kirby
Australia
Syracuse
Brozstek
Phoenix
Solvay Bank to open Fairmount branch in March
Solvay Bank plans a new Fairmount branch at 413 W Genesee St occupying the former Merchants National Bank office. It will hire six or seven staff. Solvay’s offices include Solvay Westvale Camillus and downtown Syracuse. The bank has about 110 employees and roughly 240 million in assets. Cayuga Savings converts to Cayuga Bank, a Troquois Bancorp subsidiary, to offer more products. The Fed approval took effect January 1.
MENTIONED IN THIS ARTICLE
Solvay Bank
Genesee St
Fairmount
Merchants National Bank & Trust Co
Merchants
Onbancorp
Alvin Falso
Solvay
Westvale
Camillus
Syracuse
James T. Mulder
Cayuga Savings
Commercial Bank
Cayuga Savings Bank
Cayuga Bank
Federal Reserve Board
Cayuga
Richard Callahan
Troquois Bancorp
Homestead Savings
Utica
Interstate Hotels to acquire stake in Syracuse Marriott
Interstate Hotels said it will acquire a 4 percent stake in the Syracuse Marriott in East Syracuse and invest about 19 million dollars including capital costs. The Pittsburgh company, which already manages the 250 room property near Corner Circle, expects closing in February and cites planned improvements to boost brand loyalty and citywide conventions.
MENTIONED IN THIS ARTICLE
Interstate Hotels Co
Syracuse Marriott
Syracuse
Interstate
Pittsburgh
Syracuse Marrott
Corner Circle
Thomas Parrington Jr
Marriott
Also Mentioned on This Page
Feast
Banas
Menelle
Grandma
Viatv
Charley Hannagan
Richard C. Breeden
Breeden
Salina
Buckley Road
Gerling
Mike Sigal
Days Inn
Seventh North St. Salina
U.S. Die Casting & Development Co
Sheffield
Ala
New York
Audit and Accounting Services Professional
NASK
Scott
Peter
Mulder
Interstate Hotels
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