| B.R. firm sues over Iraq work payment
WASHINGTON -- A Baton Rouge company is suing a California contractor, contending it is owed nearly $750,000 for work building health care clinics in Iraq. Arkel International says in the suit that it was hired by Parsons Global Services Inc., a U.S. government contractor, in 2004 after Saddam Hussein's government was toppled. In May 2005, Arkel says, it received a complaint from Parsons that work on seven of the clinic sites was behind schedule. Arkel contends that delays on about four of the clinics were caused by circumstances outside its control, including lack of security and unanticipated additional work requirements. Arkel says it is still owed $746,670.07 for work done on the clinics and that it is also entitled to recovery of its overhead and general administrative costs.
Hammonds Industries, Inc., a Subsidiary of American International Industries, Inc., files Form 10-QSB and Reports 2nd ...
Ms. Sherry Couturier, Chief Financial Officer of HMDI, which owns Hammonds Technical Services, Hammonds Fuel Additives and Hammonds Water Treatment Systems, announced that revenues were $2,417,776 for the three months ended June 30, 2007, compared to $1,835,659 for the three months ended June 30, 2006, representing an increase of $582,117, or 32%. Revenues for the six months ended June 30, 2007 were $4,037,175, compared to $3,160,828 for the same period in 2006, representing an increase of $876,347, or 28%. The increase was due to higher demand for Hammonds Water Treatment products and sales of Hammonds Technical Services' transport mounted injection systems. Hammonds Technical Services' revenues increased by $270,828 and $224,516 for the three and six months ended June 30, 2007, respectively.
Rosetta Resources Inc. Announces Record Second Quarter 2007 Production and Revenues and Provides Operational Update
HOUSTON, Aug. 13, 2007 (PRIME NEWSWIRE) -- Rosetta Resources Inc. (NasdaqGS:ROSE - News) (``Rosetta'' or the ``Company'') announced today that production and revenues for the second quarter of 2007 were 120 Mmcfe/d and $87 million, respectively, both representing quarterly records for the Company. Diluted earnings per share for the second quarter of 2007 were $0.26 versus 2006 earnings per share of $0.20, an increase of 30%. Diluted earnings per share for the first half of 2007 were $0.54 versus 2006 earnings per share of $0.39, an increase of 38%. In the second quarter of 2007, production and revenues were at their highest levels for the eight quarters that Rosetta has been an independent company. .
People discuss complaints about water company being sued by state (Watch VIDEO)
Destin resident Delores Wood got a card in the mail from Avian Environmental Services warning her about poor water quality and offering a free test. Concerned abut her health, she responded and a salesman showed up at her door. He spread out a test kit over her kitchen counter and drew some water from the faucet. He then dropped chemicals into tubes, which formulated a range of different colors he said meant the water was unhealthy. "He said it was very bad, polluted," she said. "He had a whole laundry list of what was wrong with it." The 74-year-old Wood suffers from high blood pressure, diabetes and cancer, and was told filtered water would help her ailments. "Their tactics were fear, mostly," she said.
SIRVA Reports Results for the Second Quarter and Six Months Ended June 30, 2007
CHICAGO, Aug. 9 /PRNewswire-FirstCall/ -- SIRVA, (Nachrichten) Inc. , a global relocation services provider, today reported second-quarter and six- month results for the period ended June 30, 2007.
Highlights -- Improvement in quarterly operating income from continuing operations -- Robert W. Tieken appointed Chief Executive Officer -- Resolved legacy financial and legal issues, achieving current filer status -- Amended credit agreement to provide greater covenant flexibility Second Quarter Results
Operating income from continuing operations was $7.7 million for the quarter ended June 30, 2007, up $1.5 million, or 24.4%, compared to $6.2 million for the corresponding period in 2006. Excluding the effect of the disposition of continental Europe, which was sold in the first quarter of 2007 operating income increased $0.4 million, or 6.4%.
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CAPE MAY — With a lawsuit presenting a possible roadblock to begin reconstruction of the Washington Street Mall's infrastructure this fall, the city filed a motion Monday asking the court to dismiss a lawsuit from a group of Cape May innkeepers. A group calling itself Concerned Taxpayers of the City of Cape May filed a complaint in Superior Court June 13 challenging the legality of a $3.5 million bond ordinance passed by city council in May. The group wants the court to declare the bond ordinance null and void. The complaint cites a city ordinance that specifies that the expense of maintaining curbs and sidewalks is the responsibility of adjoining property owners. It wants mall merchants to pay for new paving in front of their businesses. At a June city council meeting, residents complained if they must pay for installation of sidewalks in front of their homes, then mall merchant should pay for repaving in front of their shops.
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