Cheesecake stock in The Cheesecake Factory poised for doubling
Malcolm Berko’s Taking Stock review highlights The Cheesecake Factory as an upscale chain with rapid expansion, strong margins, and high sales per seat. It notes 1992 to 1995 growth, extensive menus, debt-free status, and a potential share price doubling by 1998 if growth remains slow and costs stay controlled. Readers urged to research further before investing.
MENTIONED IN THIS ARTICLE
Cheese Factory
Porsche
Price/ Costco
Ralph’s Markets
Sam’s Clubs
Malcolm Berko
Copley News Service
The
Herald-Journal
Berke
Syracuse Herald-Journal
Boca
Fla
Buyers spend 711.4 million for Park Communications
Park Communications shareholders approve sale to Donald Tomlin and Gary Knapp for 711.4 million. Park will keep nine TV stations, 22 radio outlets and 107 newspapers across 21 states. Tomlin, of Columbia, South Carolina, and Knapp, Lexington, Kentucky, acquire immediate ownership following Roy H. Park's 1998 death.
MENTIONED IN THIS ARTICLE
Park Communications, Inc
Donald Tomlin
Gary Knapp
Park
Tomlin
Columbia, S.C
Knapp
Lexington
University of Houston
Roy H. Park
Super natural Food and Hot Sauces in Armory Square Syracuse
Dale Rossino owns Super natural Food and Hot Sauces at 142-144 Walton St in Armory Square Syracuse. The five person operation focuses on hot sauce trade and a lunch coffee drinks venue serving Central New York downtown workers. Rossino cites credit access as a major hurdle for women entrepreneurs and plans to specialize in Southwestern and ethnic cuisines while expanding the lunch and git down area to meet demand.
MENTIONED IN THIS ARTICLE
Supernatural
Walton SL
Armory Square
Syracuse
Dale Rossino
Rossino
New York
Stickley Inc named Chamber's Business of the Year
Manlius furniture maker Stickley Inc. was selected as Business of the Year by the Greater Syracuse Chamber of Commerce. Alfred Audi noted that building a skilled workforce drove the turnaround from near bankruptcy in 1974 to 65 million dollars in annual sales and 620 employees. Finalists included O'Brien & Gere Environmental Engineering, Mackenzie-Childs Ltd., and G.C. Hanford Pharmaceutical Manufacturing.
MENTIONED IN THIS ARTICLE
Alfred Audi
O'Brien & Gere
Mackenzie- Childs Ltd
G.C. Hanford Pharmaceutical Manufacturing Co
James T. Mulder
Inflation Blip Fails to Worry Markets as Slower Economy Persists
Wholesale prices rose in April by the largest amount in five months driven by energy costs while retail sales fell 0.4 percent led by auto sales. Economists call the price spike an aberration amid a broader slowdown and expect the Fed to hold rates steady. Cynthia Latta of DRI-McGraw Hill says the economy is slowing, not sick, signaling a soft landing.
MENTIONED IN THIS ARTICLE
Commerce Department
Cynthia Latta
Mortgage rates dip below 8 percent this week
The Federal Home Loan Mortgage Corp reports the 30 year fixed rate averaged 7.87 percent, down from 8.27 percent last week and the lowest since March 24, 1994. One year ARM averages 6.12 percent, and 15 year mortgages average 7.45 percent, both lower than the prior week.
MENTIONED IN THIS ARTICLE
Federal Home Loan Mortgage Corp
Proposed cut in workers' camp draws little zeal
For the second year in a row, New York employers may see a slight decrease in workers' compensation rates. Insurers seek an average 2.8 percent cut with a July 15 decision and Oct 1 effective date. Industry leaders say the change is welcome but insufficient to curb high costs. discusses impact on business, reform calls, and state comparisons.
MENTIONED IN THIS ARTICLE
New York
State Insurance Department
Insurance Department
James Gray
Manufacturers Association of
Central New York
Alfred Audi
Stickey Furniture
Manlius
North Carolina
The
Herald-Journal
David Cordeau
Greater
Syracuse
Cordeau
Local business notes highlight promotions and appointments
William T Tolley named vice president of finance and chief financial officer for Carrier Corp North American operations. John J Boradnick joins Interface Services Inc East Syracuse as senior estimator mechanical engineer. Hordehik formerly of Galson Carp. Alexander Consulting Group Syracuse announces Timothy J Street and Susan M Williy named account executives, B Anthony J Arcuri hired as professional sales associate at Massachusetts Mutual Life Insurance Co. EMSI expands with paramedical exams and drug alcohol screening for firms. Charles A Geetane Construction Corp Utica praised by Butler Manufacturing for high performance across Oneida Madison Herkimer counties. Upside Federal Credit Union promotes Gary Lavera, Pam Wolcott, and David B Hepburn in local offices. For press submissions, send to Susan Royal, Company Matters, Herald-Journal, Syracuse. Photos sometimes used. not returned. Runs Tue Wed Thu Fri.
MENTIONED IN THIS ARTICLE
Wiliam T. Tolley
Carrier Corp
John J. Boradnick
Interface Services Inc
East Syracuse
Hordchik
Galson Carp
Alexander Consulting Group
Syracuse
Timothy J. Street
Susan M. Williy
Anthony J. Arcuri
Massachusetts Mutual Life Insurance Co
Charles A. Geetane Construction Corp
Utica
Butler Manufacturing Co
Oneida
Madi+ 50n
Herkimer
Stock Quote Hotline offers around-the-clock quotes
The Herald Journal provides a free stock quote hotline for NYSE AMEX and NASDAQ quotes. Call NewsLine at 472-2111 and enter 9988 category. For additional directions enter YRS.
MENTIONED IN THIS ARTICLE
Herald-Journal
Libbey Buys Syracuse China From Pfaltzgraff
Libbey Inc of Toledo buys Syracuse China from Pfaltzgraff Co in York, transferring 450 local employees. Deal closes July. Libbey reports 334 million in North American sales and continued focus on restaurant and institutional ware.
MENTIONED IN THIS ARTICLE
Syracuse China
Libbey Inc
Toledo
Ohio
Pfaltzgraff Co
Pfaltzgraff
York
Syracuse China Company
North America
Libbey
Finlayson
Syracuse
China
Beaver Falls
New Castle
Joliette
Quebec
Syracuse China Company History and Ownership Shifts
The Syracuse China saga traces the 1871 takeover by Onondaga Pottery Co, later renamed Syracuse China in 1966, withshutdowns and shifts to commercial china. It covers acquisitions by Canadian Pacific Ltd, Beaver Falls Mayor China, Shenango Division, and later sales to Pfaltzgraft and Libbay Inc, ending with a disputed undisclosed sum.
MENTIONED IN THIS ARTICLE
Empire Pottery Co
W.H. Farrar
Genesee Street
Onondaga Pottery Co
Empire
Onondaga Pottery
Syracuse China
Fayette Street
Syracuse
Court Street
Canadian Pacific Ltd
Mayor China
Beaver Falls
Shenango China
Anchor Hocking Corp
Faciliies
New Castle
Pfaltzgraft Co
York, Pa
the Pfaltzcraft Co
Susquehanna Pfaltzgrafi Co
Libbay Inc
Toledo
Ohio
Also Mentioned on This Page
Park Communications
Cazenovia
Good Foods
Syracuse University
Syracuse Real
Kenn Peters
En Were En Pilbiigs Opera
Chamber Names
Stickley
al Camparie
Statr Protographa
Steve Grasselli
Lyncourt
Cabinet Inc
L.& J.G. Stickley
Associated Press
Dri-Mcgraw Hill Inc
Mass
Federal Reserve
Brad
B Examination Management Services Inc
Widewaters
DeWitt
EMSI
Awaris
Upsiste Federal Credit Union
Gary Lavera
Pam Wolcott
David B. Hepburn
New Hartford
Susan Royal
Company Matters
c/o
Herald- Journal Business Desk
P.O
N.Y
Tolley
Minarmen
StockQuote Hotline
Ute Rone
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