| Hertz Fourth-Quarter Profit Rises on Higher Rental Revenue
Net income in the quarter was $80.7 million, or 25 cents per share, compared with $39.8 million, or 14 cents per share, a year earlier. Revenue rose 7.4 percent to $2.14 billion. On an adjusted basis, Hertz earned 29 cents per share for the fourth quarter. Analysts on average had expected the Park Ridge, New Jersey, company to earn 26 cents per share, according to Reuters Estimates. Hertz operates 7,900 car rental locations and ranks as the largest airport-based car rental agency in the U.S. market. It also rents tools and equipment through a subsidiary. The company was spun off by Ford Motor .
Mail | What readers are saying
I enjoyed Danny O'Neil's article ("Hawks practice-squad players share house, car and common goal," Seattle Times, Dec. 26). I wish they had kept the term "taxi squad." The late Paul Brown named them that because they worked part time for the owner's taxi-cab business. We always root for the underdogs, so I hope they all make the team one day. — Bill Hemmenway, Issaquah Sonics There are other reasons for downfall Steve Kelley's column ("Allen has it all wrong — Sonics made right deal," Seattle Times, Dec. 28) about the Sonics trade of Ray Alen to the Celtics was right. But not for the reasons he cites. One playoff appearance in five years? That has a lot more to do with the previous ownership group shoving Nate McMillan out the door than with Ray Allen's abilities.
Myrtle Beach Resort Icon 'Sands Resorts' Gets New Owner
MYRTLE BEACH, S.C., Feb. 4 /PRNewswire/ -- Hotelier Lee Rawcliffe, who is the current owner of Sands Ocean Club and Sands Beach Club, in Myrtle Beach, S.C., has acquired the remainder of the Sands Resorts chain of oceanfront resorts, including Ocean Dunes Resort & Villas, Sand Dunes Resort Hotel, Ocean Forest Villas and Ocean Forest Plaza. During its 35-year history, Sands Resorts established itself as Myrtle Beach's largest brand accommodations provider. Sands pioneered the affordable golf package, is home to the popular oceanfront Ocean Annie's Beach Bar, and established many amenities including its Kid's Club and water park. However, during the past decade, Sands and other established resorts have received new competition from an aggressive building boom and city-funded convention facilities.
Kill the competition: UBS sued over subprime , $2bn games offer, Food ...
Vincent Tchenguiz, the property entrepreneur, is to sell his share in a £490 million Tesco supermarkets joint venture at a profit of up to £80 million. The Independent: Fairtrade sales surged 81 per cent in value last year to £500 million. BBC: Google, the internet company, has been rated the number one brand in the UK, according to research by Superbrands. Bad news The Times: BAA, the airport owner, is struggling to sell a portfolio of warehouses and offices around Heathrow and Gatwick and is under pressure to cut the £1 billion price tag by at least £100 million. The Daily Telegraph: House prices have fallen for a fifth month, with average property prices down 0.2 per cent and the annual rate of growth at 1.4 per cent.
The Tragedy of Britney Spears
Only a few kids are in the store, a young girl with her brother and two blondes checking out fake-gold charm bracelets. Britney rifles the racks as the Cure's "Pictures of You" blasts into the airless pink boutique, grabbing a pink lace dress, a few tight black numbers and a frilly red crop top, the kind of shirt that Britney used to wear all the time at seventeen but isn't really appropriate for anyone over that age. Then she ducks into the dressing room with Ghalib. He emerges with her black Am Ex. The card won't go through, but they keep trying it. "Please," begs Ghalib, "get this done quickly." One of the girls runs to Britney's dressing room, explaining the situation through a pink gauze curtain. A wail emerges from the cubby — guttural, vile, the kind of base animalistic shriek only heard at a family member's deathbed.
Clintons' InfoUSA Ties Scrutinized
Last year, New York Sen. Hillary Clinton took the unusual step of renting out some of her lists. The transaction once again highlights the Clintons' connections to a businessman who now faces questions from the Securities and Exchange Commission. Reports from Clinton's campaign show that on Dec. 3, it collected payment for renting out three mailing lists, the sale of which netted them $8,225. It was an unusual transaction, according to Roger Craver, a liberal guru of the political direct-mail industry. "As a general rule, a campaign will not let its donor list out into the markets until the campaign is over," he said. "This is the mother's milk of small-gift fundraising, and they use these lists frequently." There are no records that any other presidential candidates rented out mailing lists last year.
Specials for You and Your Valentine
Each of the five-day themed packages includes a visit to Olympic sites such as the Bird's Nest and the Water Cube -- nicknames for two of Beijing's more eye-catching athletic venues. From there, visitors may choose from among four themes: "Art and Sport," "History and Architecture," "Wine and Dine," and "Sight and Shop." "Art and Sport" includes a tour of the Peking Opera School, the Beijing Sport School and the 798 Art District, while "Wine and Dine" includes cooking lessons and a tour of the Lotus Market. Packages range from 18,500 yuan ($2,554) to 25,500 yuan, depending on the hotel. Downhill Deals Ski.com is offering $12 lift tickets at certain resorts during periods of heavy snowfall. When any of four resorts -- Beaver Creek, Breckenridge, Keystone and Vail -- receives at least 12 inches of snow, skiers and snowboarders have 12 hours (from 9 a.m.
Ski Town USA’s local bar
Tugboat owners Lamb and Hank Edwards have every intention of carrying on, but when developers come to tear down Ski Time Square next summer, it could be last call for the Tugboat as you know and love it. The truth is, they say, they don't know what to expect when the old commercial strip is redeveloped. Edwards says he and Lamb feel dated every time a former bartender, cook or cocktail server shows up in the saloon with a 21-year-old son or daughter in tow, ready to celebrate a rite of passage. “That helps Larry and I appreciate how old we are," Edwards said. “We're proud of the fact that we're constantly hearing from old employees like Spanish (Susan English) and Big Kid (Mike Soergel)." The Tugboat has become virtually synonymous with Ski Town USA.
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