Consumer Confidence Up 4 Points in Greater Washington Nov 18, 2009 06:00AM

Job Market Insecurities Persist, Threaten Consumer Purchasing WASHINGTON, Nov. 18 /PRNewswire-USNewswire/ -- Consumers in the Greater Washington, DC region are more optimistic about the future of the local economy, according to a poll released today by the Greater Washington Board of Trade. The Consumer Confidence survey found that overall confidence in the region's economy has increased 4 points since April 2009 and 11 points since December 2008. Overall consumer confidence for November 2009 now stands at 60. "The upward direction of consumer optimism during the past twelve months is a piece of welcome information for the Greater Washington business community as we enter the critical end-of-year holiday buying period," said Jim Dinegar, president and CEO of the Greater Washington Board of Trade. "Consumers are clearly troubled by the job market, but sentiments about current conditions of the regional economy are considerably more positive than they were a year ago, up 19 ...


Pizza Pizza Royalty Income Fund Announces Third Quarter Financial Results Nov 11, 2009 04:00PM

TORONTO, ONTARIO--(Marketwire - Nov. 11, 2009) - Attention Business Editors: Pizza Pizza Royalty Income Fund (the "Fund") (TSX: PZA.UN) and Pizza Pizza Limited (the "Company") today announced results for the third quarter ended September 30, 2009. Third Quarter Summary: - 12 new locations opened - Royalty Pool system sales decreased 5.2% - Same store sales decreased 7.6% - The Fund's earnings decreased 11.1% SALES System sales of the 637 restaurants in the Royalty Pool decreased 5.2% to $114.1 million for the third quarter compared to $120.4 million generated by the 609 restaurants in the Royalty Pool during the 2008 comparable quarter. For the nine months ended September 30, 2009, Royalty Pool system sales from the 637 restaurants decreased 4.5% to $332.6 million from $348.2 million in the comparable period in 2008, which had 609 restaurants in the Royalty Pool. Same store sales (SSS) decreased 7.6% for the quarter and decreased 6.6% for the nine months ended September 30, 2009, compared ...


Pizza Pizza Royalty Income Fund Announces Third Quarter Financial Results Nov 11, 2009 04:00PM

TORONTO, ONTARIO -- (MARKET WIRE) -- 11/11/09 -- Attention Business Editors: Pizza Pizza Royalty Income Fund (the "Fund") (TSX: PZA.UN) and Pizza Pizza Limited (the "Company") today announced results for the third quarter ended September 30, 2009. Third Quarter Summary: - 12 new locations opened - Royalty Pool system sales decreased 5.2% - Same store sales decreased 7.6% - The Fund's earnings decreased 11.1% SALES System sales of the 637 restaurants in the Royalty Pool decreased 5.2% to $114.1 million for the third quarter compared to $120.4 million generated by the 609 restaurants in the Royalty Pool during the 2008 comparable quarter. For the nine months ended September 30, 2009, Royalty Pool system sales from the 637 restaurants decreased 4.5% to $332.6 million from $348.2 million in the comparable period in 2008, which had 609 restaurants in the Royalty Pool. Same store sales (SSS) decreased 7.6% for the quarter and decreased 6.6% for the nine months ended September ...


Consensus Forms That Despite Tremendous YTD Move, Ford (F) Is Still Undervalued Nov 9, 2009 12:28PM

With a 250 percent move higher year-to-date, investor sentiment in Ford Motor (NYSE: F) has clearly shifted to a positive bias, but are shares still undervalued?

Looking at recent Wall Street coverage on the automotive-standout shares could still have considerable room to run.

Today, Standpoint Research was the latest firm pounding the table on the ...


NADA Chief Economist Estimates Clunker Cost Per Incremental Vehicle Sold at Around $4,600 Nov 3, 2009 01:30PM

Describes Edmunds.com Clunker Estimate of $24,000 as "Overstated and Misleading" MCLEAN, Va., Nov. 3 /PRNewswire-USNewswire/ -- After a thorough review of the Cash for Clunkers program, the chief economist of the National Automobile Dealers Association (NADA), Dr. Paul Taylor, determined that the cost of each incremental vehicle sold was around $4,587. An incremental sale is a sale that would not otherwise have occurred without the Clunkers program. His findings bring into serious question the methodology behind the $24,000 estimate promoted last week by the car-buying web site Edmunds.com. "It's really not that hard to determine a credible cost estimate for the Clunkers program," says Taylor. "You subtract projected sales versus actual sales for July and August when the Clunkers program was ...


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