| Zimbabwe: The Revolution Will Live on
Politics is for the most part a matter of words expressed in certain ways, formats or locations to achieve certain effects. It is about some people trying to persuade the rest of us of their virtues or the virtues of their political position. Politicians employ rhetoric intended to illustrate the ways in which their political programme will be good for us by associating it with positive ends and characteristics. .
Watch List (March 6-22): Justice for the Defrauded?
In this week's issue: the other shoe falls for Edward H. Okun, as indictments finally come down following the nearly $160 million collapse of 16 qualified tax exchange intermediaries last spring; commercial real estate prices dropped 0.6% in January, their third consecutive monthly decline; U.S. News & World Report tags real estate as a career to avoid; and now there is a way for everybody to bet on layoffs. Plus, we give you the latest notices of mass layoffs and facility closures and properties on the Watch List. Indictment Filed Against Owner of 1031 Exchange Facilitators Last spring, when hundreds of individual property investors preparing to go to settlement on their half of 1031 tax exchange deals tried to contact any of their 16 qualified intermediaries, they found that their QIs had suddenly closed shop and sought protection in the U.S.
Ashworth, Inc. Reports First Quarter Fiscal 2008 Financial Results
Ashworth, Inc. Reports First Quarter Fiscal 2008 Financial Results Ashworth, Inc. (NASDAQ: ASHW), a leading designer of on-course golf apparel and golf-inspired lifestyle sportswear, today announced unaudited financial results for its first quarter ended January 31, 2008. Summary of First Quarter Results: Consolidated net revenue for the first quarter ended January 31, 2008 decreased 9.8% to $34.5 million as compared to $38.3 million for the first quarter of 2007. The Company reported a consolidated first quarter net loss of $7.4 million, or $0.50 per diluted share, compared to a net loss of $2.4 million, or $0.17 per diluted share, for the same quarter of the prior year. Net revenue for the domestic segment (including Gekko Brands, LLC) decreased 5.8% to $30.1 million from $32.0 million for the same period of the prior year.
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