Laurel Cuts Takeout For Meet in August
93367
In an attempt to raise the profile of a 10-day mini meet at Laurel Park that begins Aug. 10, the Maryland Jockey Club announces it will cut the takeout on live races to 10 percent.
699438
The largest U.S. closeout retailer reports a drop in same-store sales for August.
761055
They offered ticket packages that were more family friendly. They cut prices at the concession stands for some games. Heck, they even had a "Disco Night."
120723
The lead semiconductor equipment trade group said August bookings declined 5% from the revised July level to $1.52 billion -- another sign that chip equipment demand is flagging.
381929
7:1 split's gotta be great, right? Yeah, not so much. Flamemaster's trying to avoid delisting, and people are excited!
419085
(InfoWorld) - Chip vendor LSIÂ has warned investors of a revenue shortfall and said it would eliminate 900 jobs andÂ sell off its consumer products businessÂ as part of a plan to cut costs following its AprilÂ merger with Agere. LSI did not disclose how much money it would get for selling the consumer products division. However, late Wednesday the company revealed the buyer as Magnum Semiconductor, of Milpitas, California, a vendor of chips and software for consumer entertainment devices like DVD recorders, digital camcorders, and portable video players. Magnum will fund the purchase through a private-equity investment and expects to close the deal in the third quarter. The deal will also lead LSI to shrink its work force further, since Magnum plans to offer jobs to a "significant number" of LSI's consumer workers. The changes are part of the first stage in a three-phase corporate reorganization designed to reduce operating expenses and improve LSI's profit margin in the chip business, according to a statement from LSI President and CEO Abhi Talwalkar. In May,Â LSI warned investorsÂ that it was seeking a buyer for its consumer division, which makes chips for DVD recorders, set-top boxes and personal media players. "We are accelerating our timetable for aligning the resources of the new LSI with market opportunities," Talwalkar said in a release. "Today's actions will position the company to improve our gross margins in the semiconductor business." The new layoffs will affect 13 percent of LSI workers across all global business departments, excluding the chip packaging and testing workers in former Agere plants in Bangkok and in Singapore, LSI spokesman Robert Guenther said Thursday. Despite the new savings, LSI warned investors that its revenue was lower than expected, and reduced its forecast for second-quarter revenue for the period ending June 30, 2007, to a range of $650 million to $670 million, compared to its original forecast of $715 million to $745 million. The new number would produce a quarterly net loss of between $0.43 and $0.52 per share, a greater loss than the original goal of $0.40 to $0.49 per share. LSI is scheduled to announce its quarterly earnings on July 25. LSI, of Milpitas, California, traded $4 billion of its stock to merge with Agere, of Allentown, Pennsylvania, in a deal that closed April 2. The merger combined LSI's strength in making chips for enterprise storage and telecommunications with Agere's experience in manufacturing chips for cell phone handsets and the hard drives in consumer PCs. Together, the combined companies had 9,100 employees and predicted annual revenue of $3.5 billion. Â
304143
North champion Andover is gone, having moved up to challenge the heavyweights of Division 1. That opens the door for other contenders, starting with Lynnfield , which lost to Andover, 7-1, in the sectional final.
209605
Wholesale prices dipped 0.1 percent in August as a retreat in food costs helped to blunt a rise in the price of some energy products, a fresh sign that inflation isn't currently a problem for the economy.
185021
In order to address the UK&#39;s growing obesity problem, king sized chocolate bars are soon going to be scrapped in most shops. This is one of seven voluntary guidelines for chocolate makers set out by the Food and Drink Federation.
504
Groups gathering near a Berkshire dairy, the scene of disturbances across three nights this week, can be removed from the area by police.
654371
TAUNTON -- Yesterday many ashtrays were temporarily put out of business for the day. The American Cancer Society hopes some, even, for good.
731983
States are considering scrapping side-by-side lineups in favor of a one-at-a-time variety.
505361
Trans fat will soon be gone from Big Apple restaurants. What's next?
689243
The company's development group has been hit with layoffs.
688934
The LU biscuits division of French food group Danone  is due to meet trade union representatives on Tuesday to discuss possible changes at LU, a trade union source said, amid rumors the unit might be sold.
89687
BOSTON (CBS.MW) - A Food and Drug Administration team plans to meet Thursday with the British regulators who abruptly shut down Chiron Corp.
440820
The company has decided to leave the public markets.