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http://news.prnewswire.com/ViewContent.aspx?ACCT=109&STORY=/www/story/08-11-2009/0005075932&EDATE=
Wednesday, August 12, 2009
BOB EVANS ANNOUNCES FIRST-QUARTER RESULTS
Chairman and Chief Executive Officer Steve Davis said effective cost management enabled the Company to meet its first-quarter operating income goals, despite significant top-line challenges. “The restaurant segment continues to improve its profitability due to lower cost of sales and well-controlled labor costs, even with negative sales relative to the prior year,” Davis said. “This improvement more than offset the food products segment’s operating income decline, which was due primarily to a 51 percent year-over-year increase in sow costs.
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http://www.bobevans.com/investors/default.aspx
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http://www.bobevans.com/investors/default.aspx
Blackstone denies Hilton split rumours
Hilton's private equity owner, the Blackstone Group, has denied rumours that the hotel giant is to be broken up in a bid to realise its value.
A spokesman for Blackstone said the plans, reported last week in the Independent, were "categorically untrue". However, speculation remains rife as to how the private equity firm can claw back its lost value ahead of its repayment deadlines in three or four years.
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http://www.caterersearch.com/Articles/2009/08/12/329180/blackstone-denies-hilton-split-rumours.html
A spokesman for Blackstone said the plans, reported last week in the Independent, were "categorically untrue". However, speculation remains rife as to how the private equity firm can claw back its lost value ahead of its repayment deadlines in three or four years.
Read more:
http://www.caterersearch.com/Articles/2009/08/12/329180/blackstone-denies-hilton-split-rumours.html
