Monthly Archives: April 2013

Good news expected from Scripps Networks earnings

Scripps Networks Interactive

Scripps Networks Interactive headquarters in Knoxville.

Analysts are expecting solid revenue growth and improved earnings when Scripps Networks Interactive reports first quarter results on Thursday.

Increased advertising and strong ratings are driving growth at the Knoxville-based lifestyle media company, according to Investors.com.

“Based on positive undertones from advertisers as well as recent ratings
strength, we expect ad revenue to accelerate throughout the year,”
Macquarie Capital analyst Amy Yong said in a report quoted by Investors.com.

 

Continue reading

Sea Ray parent reports strong 1Q

022509searay1_jpg.JPG

Boat sales declined, but Brunswick Corp. still had a strong first quarter.

The parent company of Knoxville-based Sea Ray Boats and Brunswick Boat Group reported earnings from continuing operations of $54.9 million, or 59 cents per diluted share. That was up from $47 million, or 51 cents per diluted share in the first quarter of 2012.

Excluding discontinued operations, the company said it earned 76 cents per diluted share,  an increase of 24 cents from the prior year.

Continue reading

Frontier’s Knoxville-Denver flights back early

060711frontier5_MC15087.JPGFrontier Airlines is bringing back flights between Knoxville and Denver soon than expected.

Seasonal service returns Tuesday, the airline said in a news release issued Monday. The airline previously said Knoxville-Denver flights would resume May 17.

Three weekly nonstop flights will be offered on Tuesday, Thursday and Sunday.

Continue reading

Teen summer job market should be better this year

Job Openings

Teenagers should have an easier time finding a job this
summer, according to a recent report by outplacement consultancy Challenger,
Gray & Christmas.

Summer will bring more job opportunities for 16- to
19-year-olds, but there will be competition from recent college grads and older
workers,  John A. Challenger, CEO of
Challenger, Gray & Christmas, said in a news release.

“Employment gains for teens in May, June and July should
surpass last year’s levels,” the news release says.

Normal
0

false
false
false

EN-US
X-NONE
X-NONE

/* Style Definitions */
table.MsoNormalTable
{mso-style-name:”Table Normal”;
mso-tstyle-rowband-size:0;
mso-tstyle-colband-size:0;
mso-style-noshow:yes;
mso-style-priority:99;
mso-style-parent:””;
mso-padding-alt:0in 5.4pt 0in 5.4pt;
mso-para-margin-top:0in;
mso-para-margin-right:0in;
mso-para-margin-bottom:10.0pt;
mso-para-margin-left:0in;
line-height:115%;
mso-pagination:widow-orphan;
font-size:11.0pt;
font-family:”Calibri”,”sans-serif”;
mso-ascii-font-family:Calibri;
mso-ascii-theme-font:minor-latin;
mso-hansi-font-family:Calibri;
mso-hansi-theme-font:minor-latin;
mso-bidi-font-family:”Times New Roman”;
mso-bidi-theme-font:minor-bidi;}

Continue reading

Scripps Networks shares hits new 52-week high

Scripps Networks Interactive

Scripps Networks Interactive headerquarters in Knoxville.

UPDATE: SNI ends Monday trading at $66.89, a new closing high.

Shares of Scripps Networks Interactive hit a new 52 -week high
on Monday, trading at $67.19 by mid afternoon.

It’s previous high was $66.41.

Also Monday, RBC Capital Markets raised its price target for
the Knoxville-based lifestyle media company to $68, up from $66.

Normal
0

false
false
false

EN-US
X-NONE
X-NONE

/* Style Definitions */
table.MsoNormalTable
{mso-style-name:”Table Normal”;
mso-tstyle-rowband-size:0;
mso-tstyle-colband-size:0;
mso-style-noshow:yes;
mso-style-priority:99;
mso-style-parent:””;
mso-padding-alt:0in 5.4pt 0in 5.4pt;
mso-para-margin-top:0in;
mso-para-margin-right:0in;
mso-para-margin-bottom:10.0pt;
mso-para-margin-left:0in;
line-height:115%;
mso-pagination:widow-orphan;
font-size:11.0pt;
font-family:”Calibri”,”sans-serif”;
mso-ascii-font-family:Calibri;
mso-ascii-theme-font:minor-latin;
mso-hansi-font-family:Calibri;
mso-hansi-theme-font:minor-latin;
mso-bidi-font-family:”Times New Roman”;
mso-bidi-theme-font:minor-bidi;}

Continue reading

Tax Freedom comes early in Tennessee

From April 7, News Sentinel column:

Tax Freedom Day

Tax Freedom Day

Breathe easy, Tennessee workers. It’s a good day to celebrate.

The federal income tax deadline is looming, but you’re already ahead of the tax game.

As of April 2 you had earned enough this year to pay all of your federal, state and local tax obligations for 2013.

That’s right, Tax Freedom Day in Tennessee has come and gone.

 

Continue reading

Xinergy hires former Miller Energy exec

National Coal Corp.

National Coal Corp.

It’s always¬† nice when you can find talent close to home.

Knoxville coal company Xinergy Ltd. announced that a former Knoxville oil company executive will join Xinergy’s leadership team.
Robert Gaylor has been named Xinergy’s new senior vice president of investor relations, the coal producer said in a news release.

Gaylor previously was senior vice president of investor relations and senior vice president of acquisitions and development with Miller Energy Resources, an oil and natural gas exploration and production company.

Continue reading

Hot dogs vs. healthy eating at Regal

twilight_atb_12.jpgNot wanting to leave anything untried in the pursuit of limited consumer dollars, Regal Entertainment Group is offering an interesting contrast in promotions.

On the one hand, the operator of the largest movie theater network in the country recently announced a new “healthy” addition to its concessions menu — four ready-to-eat meals from GoPicnic Brands. Each one nutritionally balanced, only 400 calories and sure to appeal to health conscious movie goers.

In sharp contrast, the Knoxville-based company will send one lucky customer to New York City this summer to be an honorary judge at the annual celebration of gluttony known as Nathan’s Famous Hot Dog Eating Contest.

Continue reading