Army officer told he cannot enter his daughter's school while wearing a uniformArmy officer told he cannot enter his daughter's school while wearing a uniformUpdated: Thursday, September 11 2014 9:21 AM EDT2014 09 11 13:21:53 GMT "Friendly protest" Thursday at Rochester Adams High School"Friendly protest" Thursday at Rochester Adams High SchoolUpdated: Thursday, September 11 2014 9:19 AM EDT2014 09 11 13:19:09 GMT On Patriots Day, 2014, a group of people have organized what they call a "friendly protest" at Rochester Adams High School in an effort to show support for the Army soldier turned away from his daughter's school, because he was in uniform. On Patriots Day, 2014, a group of people have organized what they call a "friendly protest" at Rochester Adams High School in an effort to show support for the Army soldier turned away from his daughter's school, because he was in uniform. Unclaimed remains set to get full military burialsUnclaimed remains set to get full military burialsUpdated: Thursday, September 11 2014 7:12 AM EDT2014 09 11 11:12:57 GMT Fox 2 News Morning Logo The remains of 13 veterans that went unclaimed in a Detroit morgue are to be buried with full military honors in a Veterans Administration national cemetery. The remains of 13 veterans that went unclaimed in a Detroit morgue are to be buried with full military honors in a Veterans Administration national cemetery. Two dead after apparent murder suicide on Detroit's east sideTwo dead after apparent murder suicide on Detroit's east sideUpdated: Wednesday, September 10 2014 11:12 PM EDT2014 09 11 03:12:49 GMT Women Nike Free Run 3 Hot Punch Pink Grey ,Men Nike Free Run 3.0 V4 Dark Grey Electric Green Wolf Grey Men Nike Free Run 3.0 V4 Black Gym Red Wolf Grey Nike Free 3.0 Light Bone Reflective Silver Iguana Green Men Men Nike Free Run 3.0 V4 Black Gym Red Wolf Grey Men Nike Free Run 3.0 V4 Gym Red Reflective Silver Pro Platinum Men Nike Free Run 3.0 V4 Dark Grey Electric Green Wolf Grey Men Nike Free Run 3.0 Chrome Yellow Reflect Silver Platinum White Golden Goose 2014 White Yellow Men Nike Free Run 3.0 V4 Black Gym Red Wolf Grey Rep. Sam Farr (D Calif.); retains his position as Senate majority leader Sen. Daniel Inouye (D Hawaii)Travel Connection: Senator from one of the most tourism dependent states; chair of Appropriations Committee and member of the Committee on Commerce, Science and Transportation Rep. Roy Blunt (R Mo.) Election Outcome: Ran for and won a Missouri Senate seat Travel Connection: Co chair of the Congressional Travel and Tourism Caucus, but will resign his seat in the House in January. WASHINGTON The travel industry will lose several friends in Congress as a result of the midterm elections, but most of the industry's major champions held on to their seats. The notable exception was Rep. James Oberstar (D Minn.), chairman of the House Transportation Committee. Oberstar, who has amassed an encyclopedic knowledge of transportation and travel issues during his 35 years in the House, narrowly lost his seat to Chip Cravaack, a political newcomer and retired Northwest pilot who ran on a platform of traditional conservative issues. Cravaack's campaign ads portrayed Oberstar as a "Washington insider." That description is apt. In the House, seniority usually means a member becomes the chair of a powerful committee, and Oberstar has wielded influence over transportation policy and spending priorities for decades. and abroad as a master of the full range of transportation issues, from airports and aviation safety to highways, railroads, transit and tourism. When President Obama was putting together his Cabinet, Oberstar was frequently mentioned in Washington as a possible transportation secretary. Like any committee chairman, he made sure that his district, in northeastern Minnesota, got its share of federal transportation spending, and he won his 18th election by a landslide in 2008. However, it was his support for the administration on health care, taxes, the bailouts and the stimulus package that made him vulnerable to a GOP challenge. Ironically, he was at odds with the administration on some transportation issues and was openly critical of the Justice Department's approach to airline mergers and the Transportation Department's grants of antitrust immunity to international airline alliances. Air Transport Association President James May issued a statement last week praising Oberstar for his "lifetime of public service to his constituents and to the transportation and aviation industries. His vast knowledge of industry issues, strong leadership and outspokenness have sparked many spirited debates, which ultimately have helped shape what is by all measures the safest air transportation system in the world. We thank him for his dedicated service." When the new Congress convenes in January, the ranking member of the House Transportation and Infrastructure Committee, Rep. John Mica (R Fla.), will be in line to take over as chairman. Mica, whose district includes Daytona Beach and St. Augustine, has been an outspoken advocate of more effective aviation security. In terms of his spending priorities, Mica has supported high speed rail development in general but he has also been critical of Amtrak's inefficiencies. Women Nike Free Run 3 Hot Punch Pink Grey,That's where Al Capone kept them when smuggling rum from Cuba to the Florida Keys on its way to his Chicago speakeasies.Capone also used the bedrooms while hosting elaborate parties aboard his 96 metre long Isla Morada with its luxury features and finishes. You too can lounge amidst that same luxury, sipping rum as you cruise through the Panama Canal.Isla Morada is one of three vessels used by Canal and Bay Tours to conduct public tours of the awe inspiring Panama Canal. For a mere $1,800 you can transit the canal in a cruise ship with 2,200 other passengers; or you could run off to sea and view the Panama Canal from a freighter's deck, but that's a lonely life. lets you lounge on Capone's yacht for an eight hour cruise through the canal where you will hear the story of how this engineering marvel was created.After completing the Suez Canal in 1869, France was inspired to tackle the narrow isthmus connecting North and South America to build a canal that had been talked about since 1815.The French effort was a disaster, mostly because because of mosquitoes. More than 22,000 workers died of yellow fever and malaria. The French didn't know how to fight those diseases, plus they believed they could dig a sea level canal, similar to the Suez, despite the 110 metre high land bridge between the two oceans. President Teddy Roosevelt persuaded Congress in 1903 to buy out the bankrupt French effort for $40 million and then, backed by gunboat diplomacy, he persuaded Panama rebels to revolt from Columbia's jurisdiction and create their own new country. to build and own a canal through their country. engineers used the massive excavations the French left behind, but knew that the canal also required traditional lift locks to carry vessels up and over Panama's high, rocky spine.Guides on the The Isla Morada tour point out the many engineering challenges along the canal, including the steep Gaillard Cut through a mountain where avalanches killed many men.The Isla Morada is actually older than the canal. Its wooden hull was crafted in a New England ship yard in 1912 when the vessel was christened Santana. The first ship passed through the canal in August 1914.Capone bought the Santana in the 1920s during the prohibition era and changed its name to one of his favourite islands in the Florida keys. Government wouldn't permit Capone to sail Isla Morada to another island where he took up residence Alcatraz in San Francisco Bay. He involuntarily moved there in 1931 after being convicted of income tax evasion. Navy where it served as an officer training vessel during World War ll.In the 1960s, it arrived in Panama City as a floating boutique hotel, thanks to the five luxury bedrooms Capone had crafted.Since then, the Isla Morada has transited the Panama Canal more than any other vessel afloat. The cruise is an eight hour tutorial about one of the world's most challenging engineering feats.Today, 270 ship pass through the 48 kilometre long canal each week and dozens sit at anchor at both ends waiting their turn. A fully loaded freighter carrying 4,400 shipping containers pays about $320,000 for a one way transit. Big cruise ships pay close to $350,000 one way.To eliminate the Panama bottleneck and to accommodate larger ships, a massive $5.8 billion construction project is underway to double its capacity and a Toronto native Bill O'Neill heads up the construction consortium responsible for that expansion.You can see the expansion construction during the The Isla Morada tour. You'll also hear what a significant increase in ship traffic the canal's expansion will mean to Montreal, Halifax and other east coast ports.
Buy Authentic Mens Women Nike Free Run 3 Hot Punch Pink Grey,Men Nike Free Run 3.0 V4 Gym Red Reflective Silver Pro Platinum Good day, ladies and gentlemen, and welcome to the Second Quarter 2009 Kenneth Cole Earnings Call. My name is Gerry and I will be your coordinator today. At this time, all participants are in a listen only mode. (Operator Instructions) I would now like to turn the presentation over to Mr. James Palczynski with ICR. Sir, you may proceed. Thank you, operator. Good afternoon, everybody. Before we get started, I'd just like to remind you of the company's Safe Harbor language. The statements contained in today's conference call, which are not historical facts, may be deemed to constitute forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual future results might differ materially from those projected in such statements, due to a number of risks and uncertainties, including but not limited to, demand and competition for the company's products; the ability to enter into new product license agreements or to renew or replace existing product license agreements; changes in consumer preferences or fashion trends; delays in anticipated store openings; and changes in the company's relationship with retailers, licensees, vendors, and other resources. The forward looking statements contained in today's call are also subject to other risks and uncertainties that are described in the company's reports and registration statements filed with the Securities and Exchange Commission. With that out of the way, I'd like to now turn the call over to Jill Granoff, Chief Executive Officer of Kenneth Cole Productions. Thank you, James. Good afternoon and thank you for joining us to review our second quarter results. With me today is David Edelman, our Chief Financial Officer. We continue to make progress against our operational and strategic plan during the second quarter. I'm encouraged to note that our financial results, while still unacceptable, were better than expected. For the second quarter, we reported revenues of $94 million and a loss per share of $0.18. This compares favorably to our guidance of revenue in the range of 90 to $95 million, and a loss per share of 25 to $0.30. As everyone knows, we are experiencing the worst economic environment in decades. We have seen dramatic changes in shopping patterns, increased price sensitivity, and significant retailer de stockings. Nevertheless, we remain focused on returning to profitability and generating long term growth. David will go through the numbers in detail in a few moments, but first I'd like to review some key highlights since our last call. Number one, very importantly we reduced our inventories by 28% versus the year ago level and ended the quarter with healthier and more balanced inventories as we committed. Number two; our gross margin was 100 basis points better than the same quarter last year and 850 basis points better than the first quarter. This resulted from both reduced promotional activity and a better merchandise mix versus the prior periods. Number three; the impact of our ongoing cost control initiatives is reflected in the quarter's results. You'll see that our SG was down $4.1 million versus the year ago period. This is especially noteworthy considering that our numbers include expenses associated with operating 10 net new stores versus the prior year. Number four; we have continued to see promising results in our test of a new full priced retail concept. We know now that we can achieve a better economic model in a smaller footprint. In the test stores, comps are running approximately 20 points above the control group and margin is running six full percentage points higher. Number five; we have also strengthened our capital position generating almost $12 million of cash in the second quarter. We continue to have no debt and ended the quarter with approximately 58 million of cash. Additionally, I'm pleased to report that since the close of the quarter, we converted our existing credit line to an asset based facility providing us with increased availability and strategic flexibility if needed. Number six, and perhaps most importantly, we believe that our product is improving steadily driven by Kenneth's creative and strategic leadership. We are increasing our focus on product innovation, and as a first step we have reinvented our Kenneth Cole New York Women's Footwear business with a revolutionary comfort technology. I will tell you more about this exciting re launch in a few minutes. While this progress is encouraging, we are still disappointed in our overall financial results. To drive improved performance and return to profitability, we are continuing to reduce costs, increase margin and create sales growth. As I highlighted, we have reduced our inventory by 28% versus last year. Our assortments are much tighter. We have implemented a good; better, best merchandise mix with a healthier balance between fashion and core across all classifications. Our forward receipt plan now mirrors our expectations for the business and market conditions. We are also doing a more effective job of designing into key out the door price points. The combination of these activities should lead to further reductions in promotion and markdowns resulting in better gross margins. In addition to enhanced gross margins, we believe that there are incremental opportunities to cut costs, particularly through process efficiencies including test and react initiatives, enhanced fulfillment capabilities and improved speed to market. I'd now like to update you on the progress we've made on our six core strategic initiatives. Number one, create compelling product. Number two, energize the brand. Number three, accelerate retail. Number four, revitalize wholesale. Number five, go global. Number six, create a winning consumer driven culture. Now, in terms of creating compelling product, great product is essential to our success. This means having high quality trend right products and proper assortments with compelling price value. Kenneth is focused on re inventing our business classification by classification. Our first major initiative is the re launch of Kenneth Cole New York ladies footwear, with our patented comfort technology. As you may remember, we acquired Gentle Souls four years ago, and we have now been able to engineer that patented comfort technology into attractive high heeled shoes, a classification of women's footwear that until now has never been able to be made truly comfortable. This re launch is already generating excitement across our entire business. Kenneth describes this product as "The most comfortable shoe a woman ever looked good in. Guaranteed". If you watch Good Morning America tomorrow, you'll see Kenneth talking about the shoes and the re launch. This new footwear line is currently exclusive to our own full priced retail stores to enable us to build momentum and drive traffic before we expand into wholesale distribution next year. We have already pre sold several thousand pairs of five limited edition styles at full price, which we believe is unprecedented in this market environment. The shoes will be available for pickup beginning tomorrow. We expect to sell through the entire initial delivery at full price. In terms of our broader product assortment strategy, core product is now 40 to 50% of the mix versus only 20% at this time last year. We are very focused on product that consumers can wear now, is appropriate for more than one season, is versatile for a variety of wearing occasions and thus delivers greater value. We're excited about the new fall lines and we are seeing success in modern wear to work apparel including suits separates for men and dresses for women as well as casual fashion such as Denim, Ts and ath leisure footwear. In addition, we are working very closely with our licensing partners to develop Kenneth Cole into a global lifestyle brand. In particular, we continue to be very pleased with the performance of our women's sportswear, men's tailored clothing, outwear, dress shirts, ties and belts. In terms of our brand initiatives, our fall marketing campaign has received great feedback. Our marketing more clearly communicates our fashion identity while retaining our unique social voice. Our goal is to maintain our media presence while reducing our creative expense to generate a greater return on our overall marketing investments. We've also embraced social networking and the blogosphere to build a brand oriented community and strengthen the connection with our consumers. Perhaps, our most exciting current initiative is the re launch of our Kenneth Cole New York women's shoes. I hope some of you will join us tomorrow morning at 9:00 AM for a special event at our Rock Center store. Hundreds of people have told us, they are coming to pick up their shoes and meet Kenneth. Women Nike Free Run 3 Hot Punch Pink Grey If you're planning any hikes in the jungle in the near future, you might come across this cute little fella. Weighing about an ounce and reaching the impressive size of one inch, the Golden Dart Frog is indigenous to the rain forests in Colombia. Look at the little guy! It makes you want to take one home, doesn't it? If you missed your high school biology class on brightly colored animals, then chances are you did pick up the frog. Unfortunately for you, their skin is covered in enough poison to kill ten fully grown human beings. That's right, a frog that is potentially smaller than your wang (we can't stress potentially enough) will kill you and your nine best friends if you fuck with it. The Golden Dart Frog's poisonous skin is nothing new to the people of Colombia. Tribesmen have been wiping the tips of their darts on these amphibians for centuries, utilizing the toxins as a weapon and, thus, providing the modern name for these little bastards. Wouldn't this be more effective? Just saying. Scientists speculate that these frogs amass their toxins through the prey they eat, who spend time ingesting toxins from the various vegetation in their environment. This speculation came from the fact that frogs raised away from the rain forest aren't poisonous at all. How does that help you when you're dying thousands of miles away from the non poisonous frog? It doesn't. Probably not. Extensive research via wikipedia yielded this result: "Currently no effective antidote exists for the treatment of batrachotoxin poisoning." So unless you're leimadophis epinephelus, a breed of snake that can consume the frogs (if you're reading this, you're probably not), stay the fuck away. So you're on vacation in Australia, drinking a Fosters, chasing dingos away from your babies and arguing about what things are and are not knives. You sign up to go on a scuba tour of the Great Barrier Reef. After a quick tutorial on what you can and cannot touch that you didn't even understand (they are speaking Australian after all), you're down in the ocean exploring the reef. One small and particularly beautiful shell grabs your attention and you pick it up out of curiosity. That's when you feel a pinch on your palm. Congratulations, you've just been stung by one of Australia's deathly toxic residents. That funny feeling is cocktail of toxins that were just lanced into your hand by a harpoon. Cone snails can fire off those harpoons in any direction and they use them to paralyze fish (at which point they then eat them alive). Fortunately, you're too big for the cone snail to eat. Unfortunately, the toxins still affect you in a terrible way. Depending on which species of cone snail you picked up, you're either feeling the effects of your nervous system being fucked to hell or you're suffering this delightful symphony of shit, per Wikipedia: You'll need both of these. And a bucket. That depends on how competent the people around you are. There is no cure for the cone snail's venom, and treatment is simply based on how long your rescuers can keep you alive while your body pisses, shits and vomits the toxins out. If the people saving you haven't already fled the scene of your body exploding from every orifice, their CPR is simply meant to keep you breathing until you've shat the last little bit of venom out. After that pants shitting near death experience with the cone snail, you opt to explore the shallow tidal pools on shore. After scavenging through all the dully colored shells, you come upon a tiny octopus. As you approach, bright blue rings appear on the its skin. Curious, you pick the magical creature up. Luck is not on your side today. The appearance of those bright rings is the warning sign of the blue ringed octopus. Or no feeling, as it turns out. The beak of the golf ball sized bottom feeder is strong enough to pierce through wetsuit gloves and give the handler a fatal dose of venom. You probably won't feel the toxins, at first. That's only because you'll be completely paralyzed. But believe us when we tell you that you'll begin to feel pain when you realize you can't breathe. You don't need to point. We see it. The venom from these tiny sea creatures is created by the bacteria that live in their air sacs. The deadly cocktail contains ten toxins in all, designed to leave you paralyzed and yet completely aware of your surroundings. Like the cone snail attack, it all depends on how much the people around you know about what's happened. If they realize that you've been bitten by a blue ringed octopus (whose venom is powerful enough to kill 26 human beings within a couple of minutes), rescue breathing may keep you alive. But if no one is aware of what happened, you'll probably just appear dead to the world. Nobody will know that you're paralyzed and can't breathe. As they pack you into a body bag, your body reflexively shitting itself, your one final thought will be: "Man, fuck Australia."
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