Business News Archive - March 24, 2010

LONDON, March 24 /PRNewswire/ -- The Injury Lawyers (http://www.theinjurylawyers.co.uk/), the UK's leading car accident claim and whiplash claims lawyers, is warning motorists to take care to ensure they are properly covered for any injuries sustained through driving.

LOS ANGELES, March 24 /PRNewswire/ -- Abs. Cans. Place settings. Sets of six get a mini twist with the launch of the FIJI® Water Mini & Mobile Six Pack. Less may be more, but more of a must-have-mini less makes convenience six times better.

LONDON, March 24, 2010 /PRNewswire-FirstCall/ -- Low-cost airline easyJet today announced the appointment of Carolyn McCall as CEO.

MANCHESTER, England, March 24 /PRNewswire/ -- The rise of Internet based gold exchanges such as Gold Made Simple continues to make investing in gold bullion accessible for people from all demographics. Traditionally seen as somewhat elitist, gold investment has received more media attention over the past 18 months as investment rocketed in the face of weakened global currencies.

HAIFA, Israel, March 24, 2010 /PRNewswire-FirstCall/ -- Elbit Systems Ltd. (NASDAQ: ESLT) announced today that its subsidiary, Elisra Electronic Systems Ltd.

TEL-AVIV, Israel, March 24, 2010 /PRNewswire-FirstCall/ -- - Best Q4 in ICL's History: Operating Profit Doubled YOY to $254M; Gross Profit Up 35% YOY to $511M; Revenues Up 10% YOY To $1.2B; Net Profit Up 15% YOY to $203M - - Continued Recovery in Most Target Markets & Especially Fertilizers: 94% & 143% YOY Rise, Respectively, In Quantities of Potash & Phosphate Fertilizers Sold - - 1.43M Ton Potash Agreements Signed With Indian Customers After Report Date, Representing the Largest Quantity Ever Sold By ICL - ICL (TASE:ICL), a multinational fertilizer and specialty chemicals company, today reported results for the fourth quarter and full year ended December 31, 2009. Financial Results 2009 was the second best year in ICL's history (second only to 2008, an exceptional "spike" year for the fertilizer and chemical industries).

CORONA, Calif., March 24 /PRNewswire-FirstCall/ -- Harbor Guard Boats, Inc., wholly owned subsidiary of Medina International Holdings, Inc. (Pink Sheets: MIHI), received an order for a Firehawk 26' boat to be delivered to The Colony Fire Department, Texas.

NEW YORK, March 24 /PRNewswire-FirstCall/ -- Pink OTC Markets Inc. (OTCQX: PINK), the financial information and technology services company that operates the leading electronic quotation and trading system in the U.S.

TSX-V: PCY OTC: PCYRF Frankfurt: 3P1 VANCOUVER, March 24 /PRNewswire-FirstCall/ - Prophecy Resource Corp.

MIAMI, March 24 /PRNewswire-FirstCall/ -- Revenues of $574.4 million - down 3%Loss per share of $0.04 - compared to loss per share of $0.98Gross margin on home sales of 19.2%: Improved 1,270 basis points from Q1 2009Improved 810 basis points from Q4 2009Operating margin on home sales of 3.4%:Improved 1,620 basis points from Q1 2009Improved 850 basis points from Q4 2009S,G&A expenses as a % of revenues from home sales of 15.8%:Improved 360 basis points from Q1 2009Improved 40 basis points from Q4 2009Valuation adjustments were $10.1 million - down from $88.5 millionDeliveries of 2,004 homes - down 6%New orders of 2,577 homes - up 18%; cancellation rate of 13%Backlog of 2,204 homes - up 34%Rialto Investments, a new reportable segment, invested in opportunities which included: $265 million to acquire portfolios of distressed real estate loans in partnership with the FDIC (of which $22 million was a working capital reserve) and $41 million in a fund formed under the Federal government

Word of the Day
  • Stoppage; cessation (of labor).
  • A standing still or idling (of mills, factories, etc.).
The word chomage comes into English from French.]