Welcome to the Business Journal Archives
Search for articles below, or continue to the all new BusinessJournalDaily.com now.
Search
Parker Hannifin Acquires Bayside Controls
Tuesday, February 15, 2005CLEVELAND -- Parker Hannifin Corp. has acquired Bayside Controls Inc., a manufacturer of integrated solutions for industrial and precision automation applications, Parker officials announced recently. Terms of the deal were not disclosed.Bayside will be integrated with Parker Automation Group's Electromechanical Automation Division. The acquisition is expected to be accretive to earnings in calendar year 2005.Headquartered in Port Washington, N.Y., Bayside has annual revenues of approximately $25 million.
Indian Gaming Generated 2003 Revenues of $18.5 Billion
Tuesday, February 15, 2005WASHINGTON -- As American Indian tribes are pursuing development of Las Vegas-style casinos across the country that includes a possible site in Lordstown, Ohio, the National Indian Gaming Association today unveiled its 2004 tribal government gaming economic impact report at the National Press Club here.
Wheeling-Pittsburgh Steel Updates Fourth Quarter Earnings
Tuesday, February 15, 2005WHEELING, W.Va. -- Fourth quarter operating income at Wheeling-Pittsburgh Corp. is expected to be approximately $8 million to $9 million on shipments of approximately 503,000 tons, officials announced yesterday. The update was made in light of recently quantified effects of the previously announced Basic Oxygen Furnace ductwork collapse in December 2004.The company intends to issue full fourth quarter and annual 2004 results on March 14 as previously scheduled.Approximately 10,000 tons of shipments were lost as a result of the BOF ductwork collapse, which interrupted operations for 12 days.
Nine No-Fail Tips for Becoming A Value Leader
Tuesday, February 15, 2005Looking to become the superior value provider in your industry? You are if you want to keep your customers from going elsewhere, says R. Eric Reidenbach, Ph.D., principal and founding partner of VALTec Group Inc. and co-author of Dominating Markets with Value: Advances in Customer Value Management (Rhumb Line Publishing). Furthermore, he says, it's the only way to keep your company profitable in the long run."You must do everything in your power to create loyal customers," says Reidenbach.
Circuit City Considers Purchase Proposal
Tuesday, February 15, 2005RICHMOND, Va. -- Circuit City Stores Inc. has received an unsolicited letter from Highfields Capital Management LP indicating Highfields' interest in pursuing an acquisition of all of Circuit City's outstanding shares at a price of $17 in cash per share, officials announced earlier today. The Highfields proposal, contained in a letter dated Feb.
Local TV News Largely Ignores Local Political Races
Tuesday, February 15, 2005LOS ANGELES -- In the month leading up to Election Day 2004, viewers of local news in 11 media markets saw more than four times more stories about the presidential campaign than they did stories about all other political races combined, a new study finds, and only one third of all campaign stories focused on issues.
Home Savings Unveils New Branch Design
Monday, February 14, 2005"By George NelsonAUSTINTOWN, Ohio -- George Banks likely would have been aghast had he taken his offspring to a bank branch the likes of Home Savings and Loan Co.'s newest office, though Jane and Michael probably would have approved. But then, the cavernous, foreboding institution where Banks worked -- a London bank circa 1910, as portrayed in Disney's 'Mary Poppins' -- lacked a built-in play area with a television showing kids' movies.
Nine No-Fail Tips for Becoming A Value Leader
Monday, February 14, 2005"Looking to become the superior value provider in your industry? You are if you want to keep your customers from going elsewhere, says R. Eric Reidenbach, Ph.D., principal and founding partner of VALTec Group Inc. and co-author of Dominating Markets with Value: Advances in Customer Value Management (Rhumb Line Publishing). Furthermore, he says, it's the only way to keep your company profitable in the long run."You must do everything in your power to create loyal customers," says Reidenbach.
Circuit City Considers Purchase Proposal
Monday, February 14, 2005"RICHMOND, Va. -- Circuit City Stores Inc. has received an unsolicited letter from Highfields Capital Management LP indicating Highfields' interest in pursuing an acquisition of all of Circuit City's outstanding shares at a price of $17 in cash per share, officials announced earlier today. The Highfields proposal, contained in a letter dated Feb.
Wheeling-Pittsburgh Steel Updates Fourth Quarter Earnings
Monday, February 14, 2005"WHEELING, W.Va. -- Fourth quarter operating income at Wheeling-Pittsburgh Corp. is expected to be approximately $8 million to $9 million on shipments of approximately 503,000 tons, officials announced yesterday. The update was made in light of recently quantified effects of the previously announced Basic Oxygen Furnace ductwork collapse in December 2004.The company intends to issue full fourth quarter and annual 2004 results on March 14 as previously scheduled.Approximately 10,000 tons of shipments were lost as a result of the BOF ductwork collapse, which interrupted operations for 12 days.