Robert Stanford is with the federalappeals court in New Orleans case
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Robert Stanford, is with the federalappeals court in New Orleans, case no 09-20444. NBC's 'America's Got Talent' Magician Nathan Burton Signs Multi-Million DollarContract at Flamingo Las VegasLAS VEGAS, July 21 /PRNewswire/ -- Comedy Magician Nathan Burton recentlyappeared on Season 4 of "America's Got Talent," performing a whirlwind spot ofmind-blowing magic, receiving a standing ovation from the crowd and thrillingthe judges, with "America's Got Talent" judge David Hasselhoff raving, "Wow,wow, wow! That was terrific!"Following Burton's exhilarating performance on one of this summer's hottesttelevision shows, the acclaimed entertainer just extended his contract withthe Flamingo Las Vegas as a result of the success of his crowd-pleasing comedymagic act. The multi-million dollar deal will keep "Nathan Burton ComedyMagic" as a headlining show for three additional years. As a testament to theshow's appeal, Burton's likeness can also be seen 20 stories high on the frontbuilding wrap of the Flamingo, in the heart of the famous Las Vegas Strip. * 2Q revenues decline 11%; 8% in constant dollars* EPS declines to $.68, with $.14 per share impact from higher pension expenseand currency* Continuing to gain share across largest brands* The North Face® and Vans® brand revenues up 4% and 14%, in constant dollars* Asia revenues increase 13%* Maintaining full year revenue and earnings guidance* Cash flow from operations should exceed $750 millionInformation regarding VF`s second quarter conference call webcast today at 4:30p.m.
can be found at the end of this release.GREENSBORO, N.C.--(Business Wire)--VF Corporation (NYSE:VFC), a global leader in branded lifestyle apparel, todayannounced results for the second quarter of 2009 All per share amounts arepresented on a diluted basis. Second quarter revenues were $1,485.6 million, a decline of 11% compared with$1,677.5 million in the second quarter of 2008, with foreign currencytranslation accounting for 3 percentage points of the decline. Net income in thecurrent quarter was $75.5 million compared with $104.0 million in the prioryear`s quarter. Earnings per share declined to $.68 from $.94, with over half or$.14 per share of the decline due to higher pension expense and foreign currencytranslation impacts of $.11 and $.03 per share, respectively. For the first half of 2009, revenues were $3,211.1 million, down 9% from the$3,523.8 million in the first half of 2008.
Foreign currency translationaccounted for 4 percentage points of the decline. Net income and earnings pershare each declined 30%, to $176.5 million and $1.59 respectively. Over half or$.36 per share of the earnings per share decline was due to higher pensionexpense and foreign currency translation impacts of $.23 and $.13 per share,respectively. "Business remains undeniably tough across most categories, channels andgeographies, but I am pleased that our largest brands - Wrangler®, Lee®, TheNorth Face® and Vans® - continue to gain share in most markets. I am alsopleased by how our brands and businesses have risen to these challenging timesby controlling costs, reducing inventories and remaining focused on thelong-term drivers of growth," said Eric C Wiseman, Chairman, President andChief Executive Officer. "While we see some signs of stabilization occurring, weremain very cautious about the outlook for consumer spending for the balance ofthe year. We will continue to plan our business conservatively while investingin our brands and maximizing every effort to gain market share." He continued, "Both revenues and earnings in the second half of the year shouldshow a marked improvement from those reported in the first half, reflectingeasier comparisons, initiatives to control our expenses and steps taken tocapture new revenue opportunities.

