bahama breeze resturant
Bahama Islands News, Articles and Information
Darden Is Delicious
Darden Restaurants (NYSE: DRI) just can't seem to do anything wrong at the moment. Earnings-per-share growth came in at 21% for the fiscal year ended May 28, above 20% for the second year in a row. Revenue and EPS for the fourth quarter came in right at expectations, while EPS for the year beat estimates. Same-store sales growth was positive for the seventh quarter in a row overall and reached the 47th quarter in a row for Olive Garden. That's almost 12 years of quarterly comps growth, folks! Gross, operating, and net margins all improved for both the fourth quarter and the year. This follows the trend I noted in my earnings forecast article. Looking at another metric, average inventory for fiscal 2006 fell as a percentage of revenue, compared with fiscal 2005, despite a rising cost of seafood -- the stock in trade at Red Lobster.
Mirant to Buy Back $1.25 Billion in Stock
Power company Mirant, which emerged from bankruptcy last January, will repurchase $1.25 billion of its shares and sell its Caribbean and Philippines businesses.Mirant will conduct a modified "Dutch auction" tender offer in which stockholders can sell all or part of their shares to Mirant for between $25.75 and $29 per share. The buyback of up to 43 million common shares will total up to $1.25 billion. Currently, there are approximately 300.2 million outstanding shares. Officials at Mirant expect to use cash and funds from a term loan forged by its Philippines business to finance the tender offer, which expires August 21.
.National stadium in '07
The Bahamas and Chinese governments were pleased to show Bahamians that they mean what they say when they met their deadline for the ground-breaking of the capital's new national stadium yesterday.The ground-breaking comes on the heels of the Independence Celebrations, which were postponed after an unexpected shower on Sunday evening between 7:30 and 8:30 p.m. prompting thousands of excited Bahamians to find shelter or return home. However, with the proposed new stadium, such events may be held indoor in the near future, where the weather cannot impact them.
At the ceremony last evening Minister of Youth, Sports and Housing Neville Wisdom said that the stadium will "serve as a national gathering place for sports and culture and in times of challenge."
Mr.
Sonia Brown & the Brown Entertainment Arts programme
Sonia Brown's company, "Brown Entertainment Group," exists to help others discover, develop and maximise their God given talents, abilities and purpose, so says the company's Mission Statement. The company was unofficially started three years ago and officially started this year by Ms Brown, a twenty-six-year-old entrepreneur, whose involvement in numerous talent events which entailed modelling, singing and participation in various competitions, from the time she was five, has fully equipped her to counsel others on the entertainment industry and modelling in general. "At the age of seventeen I began modeling for Shane Rollea's House of Infinity. I modeled in numerous shows, traveled and participated in an international competition (Ford Supermodel Search) and at the age of twenty one, quit," says Sonia who became a Christian after 911.