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B2Gold Corp Shares to Commence Trading on the Toronto Stock Exchange Marketwire via Yahoo Finance Amazoncom profit soars but outlook and stock down Industry Standard

Fri, 24 Oct 2008 21:50:42 +0000
B Gold Corp. Shares to Commence Trading on the Toronto Stock Exchange Thursday October am ET VANCOUVER BRITISH COLUMBIA MARKET WIRE Oct B Gold Corp. Toronto BTO.TO News B Gold or the Company is pleased to announce that effective the opening of trading on Thursday October the shares of B Gold will commence trading on the Toronto Stock Exchange TSX under the symbol BTO . The TSX listing will enable B Gold to achieve a greater exposure among institutional and retail investors and is in line with the Company s objective of building an intermediate gold company through exploration and strategic acquisition opportunities. The shares of B Gold have been listed on the TSX Venture Exchange TSX V since December trading under the symbol BTO . Trading of the Company s shares on the TSX V ceased as of the close of trading on October and the shares will be delisted from the TSX V on October upon commencement of trading on the TSX. About B Gold Corp. B Gold is a Vancouver based mineral exploration and development company which completed a million Initial Public Offering on the TSX Venture Exchange on December . B Gold was founded by the former management team of Bema Gold Corporation which grew from a junior explorer to an international gold producer that was acquired by Kinross Gold Corporation through a CDN . billion transaction in February . The Company s corporate objective is to capitalize on the extensive experience and relationships that its management team has developed in the mining industry over the past years to build an intermediate gold company through exploration and acquisitions. The major shareholders of B Gold are Management the Board of Directors AngloGold Ashanti Limited and Kinross Gold Corporation. ON BEHALF OF B GOLD CORP. Clive Johnson President and CEO The securities described herein have not been and will not be registered under the United States Securities Act of as amended and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. Some of the statements contained in this release are forward looking statements such as estimates and statements that describe the Company s future plans objectives or goals including words to the effect that the Company or management expects a stated condition or result to occur. Since forward looking statements address future events and conditions by their very nature they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements. The TSX Venture Exchange neither approves nor disapproves the information contained in this News Release. Contact Contacts B Gold Corp. Ian MacLean Vice President Investor Relations B Gold Corp. Kerry Suffolk Manager Investor Relations Website http www.b gold.com Source B Gold Corp. Email Story Set News Alert Print Story Copyright Yahoo Inc. All rights reserved. Privacy Policy Terms of Service Copyright Marketwire . All rights reserved. All the news releases provided by Marketwire are copyrighted. Any forms of copying other than an individual user s personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden including but not limited to posting emailing faxing archiving in a public database redistributing via a computer network or in a printed form. My Portfolio Community VSE Alerts Front Page News Commentary Markets Mutual Funds ETFs Personal Finance Technology Tools Research My MarketWatch Community Video Markets Global Markets Emerging Markets Earnings Watch latest news Amazon hits dubious milestone after wild ride Analysis Online retailer s shares back where they started as worries mount By Dan Gallagher MarketWatch Last update p.m. EDT Oct. SAN FRANCISCO MarketWatch Amazon.com shareholders who have seen nearly billion in market cap evaporate over the last month marked a pair of painful milestones on Thursday. Exactly one year ago Amazon AMZN AMZN News chart profile more Last Delayed quote data Add to portfolio Analyst Create alert Insider Discuss Financials Sponsored by shares topped the mark for the first time since the company s dot com glory days more than eight years before. Also Thursday saw Amazon s shares dip below their trading level from April of last year. That was when a surprisingly strong first quarter earnings report set off a run up on the shares that more than doubled the company s market value within just a few months. Amazon shares were trading at . before that report last year the stock hit a low of . Thursday following its latest report in which the online retailer gave a disappointing forecast for the crucial year end quarter. See full story. In short Amazon shares have plunged by more than over the last month and are currently at half their value from months ago. What has happened For one the massive market wide sell off of the past month has taken its toll. Investors worried about the slowing economy and credit crisis have fled equities in general and tech stocks in particular. The Nasdaq Composite Index COMP COMP News chart profile more Last Delayed quote data Add to portfolio Analyst Create alert Insider Discuss Financials Sponsored by is down more than for the month. Add to that the fact that despite its continued strong sales growth Amazon s operating margins remain mired in the mid to low single digits fueling worries about its ability to grow its profits over the long term. Amazon has long dismissed such worries saying it prefers to focus on operating its business for the long term rather than pleasing Wall Street but investors are less patient in the current environment. Although we believe the company prefers to focus on longer term strategy in its planning and investments we think the stock may continue to see pressure in the near term due to margin concerns Imran Khan of J.P. Morgan wrote in a report Thursday. Khan rates the stock as neutral saying the shares remain fully valued at their current level. Amazon has been on a strong run of late. The company has managed to grow its revenues by an average of over the last eight quarters. Earnings growth has been even more impressive averaging about on a quarterly basis over that same time period. Indeed Amazon s run up last year was sparked by the company reporting that earnings for the first quarter of had more than doubled from the previous year reversing two years of consecutive declines for net income on a quarterly basis. Now the outlook for the company is murkier. Amazon issued what it admitted was a pretty wide range of guidance for the fourth quarter predicting that revenue will come in between billion and billion for the period. The mid point of this number . billion would imply less than sales growth compared to last year. That would be the company s lowest revenue growth rate in more than seven years. We think Amazon s guidance was unnecessarily broad especially on the low end wrote Jeff Lindsay of Sanford Bernstein who rates the stock as a buy. Lindsay said the low end of the forecast assumes that the growth rate for total retail sales worldwide will come in around in the fourth quarter. Currently the most pessimistic estimates we can find for retail growth in the fourth quarter are running at growth. One advantage to the company s low share price now is that bearish investors are less worried about valuation. Several analysts slashed their price targets on Amazon s shares Thursday bringing the median price target down from to . Only one broker now retains a price target above the mark. Tim Boyd of American Technology Research who has rated Amazon as a sell since the first of the year upgraded the shares Thursday to a neutral rating. In his report he set a price target for the stock over the next months during which he expects the market will have sufficient visibility into the state of the economy in order to value Amazon properly. Amazon is a unique and extremely well managed franchise that is likely to emerge from the current economic malaise much stronger than when it went in Boyd wrote. It is the kind of stock that investors will want to own for the long term at the right price. Dan Gallagher is MarketWatch s technology editor based in San Francisco. 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By using this site you agree to the Terms of Service and Privacy Policy . Amazon shares back where they started as economic worries grow MarketWatch Intraday data provided by Interactive Data Real Time Services a division of Interactive Data Corp. and subject to terms of use . Historical and current end of day data provided by Interactive Data Pricing and Reference Data . More information on NASDAQ traded symbols and their current financial status. Intraday data delayed minutes for Nasdaq and minutes for other exchanges. Dow Jones Indexes SM from Dow Jones Company Inc. SEHK intraday data is provided by Comstock and is at least minutes delayed. All quotes are in local exchange time. Real time last sale data provided by NASDAQ. Daily Weekly Third Party Home News Predictions People Awards Jobs See All Business Finance Hardware Lifestyle Mergers Acquisitions Mobile Science Software Web Standards Legal Newsletters Participate Help Thunderdome Loading. Prediction Google Chrome Mac version out by end of Google News iPhone vs BlackBerry Apple sees crazy growth while RIM is slow but steady iPhone Blog TIS winners announced News Sulzberger s seven observations for online media Sulzberger s News Little Big Planet for the PS will be delayed after Qur an verses found in music Little News Prediction markets Obama s stock rises with many dips along the way Prediction News Five reasons why a recession is a good time to start a company Five News First to market Five sites and services that took an early lead on the Web and still dominate today First Prediction Dow Jones has a point day by November Dow Prediction Obama to be the next US president Obama Business Finance Back to the top page Amazon.com profit soars but outlook and stock down By Rachel Metz AP Technology Writer . . Tags AP Business Business Finance co Amazon.com Consumer products and services Corporate capital Corporate news economy Financial performance Inc. Industrial products and services Industries Information technology Products and services Comments Like the story Get Alerts of big news events. Enter your email address Daily Weekly Qualified rd Parties Amazon.com Inc. said Wednesday that its profit climbed percent in the third quarter but the company reduced its full year sales outlook showing that the online retailer cannot escape the weak economy. Its shares dived. The company now anticipates revenue of . billion to . billion. That means the high end of its forecast is below the . billion that analysts polled by Thomson Reuters were expecting. In July Amazon had predicted sales of . billion to . billion. Amazon shares fell . or . percent in extended trading after finishing regular trading down cents at . . During its quarterly conference call Chief Financial Officer Tom Szkutak said the company thinks its guidance is sensible given the economy. We have limited visibility as all companies have in this environment so we think that s prudent he said. Szkutak also said that the company experienced slower growth rates near the end of the third quarter a period in which earnings topped and revenue was essentially in line with analyst expectations coinciding with global financial market issues. While analysts were widely expecting the company to lower its guidance some said they were not expecting it to be lowered so much. Lazard Capital Markets analyst Colin Sebastian said Amazon is clearly feeling the impact of the weaker economy but added that at the same time they continue to grow much faster than overall e commerce so the platform does remain strong from that point of view. RBC Capital Markets analyst Stephen Ju still feels Amazon is the best house on the block. Still he noted that the company s new revenue guidance range is much wider than usual. I think the Amazon management team is generally more conservative than not so I think they probably did contemplate certainly a bad scenario at the lower end. But that could end up being what it is if the consumer doesn t show up during November he said. For the third quarter Amazon s report offered few surprises to investors. The company earned million or cents per share cents more per share than what analysts polled by Thomson Reuters expected. In the year ago quarter Amazon earned million or cents per share. The company said its profit in the more recent period included a million foreign currency benefit. Revenue rose almost percent to . billion analysts were looking for . billion in revenue. Sales of items like books CDs and DVDs rose percent to . billion and sales of electronics and other merchandise jumped percent to . billion. Szkutak mentioned in the conference call that sales of the company s wireless e reader device Kindle have significantly exceeded our expectations and that sales of digital Kindle book titles account for more than percent of all Amazon s book sales. Amazon has not released sales figures for the Kindle. He said the company will not launch a new version of the product until next year at the earliest. Revenue from shipping which includes earnings from Amazon s membership based two day shipping program Amazon Prime and its third party shipping program Fulfillment by Amazon climbed percent to million. The company s net shipping cost also rose however to million from million in the year ago quarter. Amazon did not say what the increase could be attributed to. It did say that during the quarter it cut the minimum order price for free shipping at its UK site to pounds from pounds. Copyright The Industry Standard. All rights reserved. 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All's well, that ends well. We have now come to the ending of STAIR LIFTS . Until we meet again, adios.

STAIR LIFTS

The spirit of Greene Greene design is alive in Pacific Northwest craftsmanship Seattle Times MediChair expansion celebrated Norrn News

Sun, 19 Oct 2008 05:42:03 +0000
Pacific Northwest craftspeople are celebrating their own work inspired by those leaders of the Arts and Crafts movement. By Lawrence Kreisman PREV of NEXT MIKE SIEGEL THE SEATTLE TIMES In the Mukilteo home of Nick and Cindy Ericson undulating clinker brick and stone foundation walls Japanese timber framing and green stained shingled facade borrow freely from Greene Greene designed houses in California. MIKE SIEGEL THE SEATTLE TIMES Beyond the front entrance adjoining the den is a generous outdoor room with an organic fireplace built from salvaged clinker brick. Clinker brick is overfired to give it a handmade look. MIKE SIEGEL THE SEATTLE TIMES MIKE SIEGEL THE SEATTLE TIMES The foundation brick configuration was inspired by a Mount Baker area basalt formation. I sketched that formation in plan and elevation and some sections so I could apply it to the wall builder Nick Ericson remembers. COURTESY OF DARRELL PEART In Darrell Peart s mahogany pedestal desk the straps are a little used and not widely known Greene Greene detail. dwpfurnituremaker.com. COURTESY OF TIM CELESKI The Medina curved bench in African ribbon mahogany and jarrah features a unique mono trestle base. Several of these benches by Seattle s Tim Celeski timceleski.com are in the gardens of Greene Greene s Robinson House in Pasadena. COURTESY OF THOMAS STRANGELAND The mahogany dining room table and chairs are by Stangeland. inforartistcraftsman.net. COURTESY OF THOMAS STANGELAND Thomas Stangeland s lounge chair is his answer to a Morris chair with a Greene Greene flair. The metal inlay acknowledges the designs of one of Gustav Stickley s most creative designers Harvey Ellis. MIKE SIEGEL THE SEATTLE TIMES The entrance posts cloud lift beams and porch railings establish a rhythmic expressive gesture that welcomes visitors. Related Pacific NW Magazine Tell us what you think Learn more at the Bungalow Fair To encourage Arts Crafts lovers to visit the Huntington Library in San Marino Calif. for the opening of A New and Native Beauty The Art and Craft of Greene Greene Historic Seattle presents two lectures on Greene Greene Sept. at the th Annual Bungalow Fair Town Hall Seattle. Sept. The California Vision of Greene Greene by Bruce Smith at a.m. Sept. The Spirit of Greene Greene in the Pacific Northwest by Darrell Peart also at a.m. The fair features antiques and contemporary Arts Crafts exhibitors. Admission is for both days. The Greene Greene lectures are each. For details and registration www.historicseattle.org . The iconic Gamble House in Pasadena Calif. celebrates a century this year with a major exhibition that starts in California Oct. . The display of works will pay tribute to the defining work of Henry and Charles Sumner Greene and their legacy within the American Arts Crafts Movement. Shingle homes on the East Coast Asian architecture and crafts and a reverence for materials of the earth and forest inspired the Greene brothers to create some of the most important achievements in American architecture what could be called total art with its integration of landscape buildings and interiors. Their work years ago has inspired a new generation of craftspeople in the Puget Sound region whose products as large as a house and as small as a dining room chair are grounded in the principles and skill sets that the Greene brothers nurtured and the extraordinary homes and furnishings that they produced. For Nick Ericson a local builder with experience in residential and commercial projects a tour of the Gamble house with his wife Cindy virtually changed his life. As a carpenter he was immediately drawn to the craftsmanship so much so that he shifted his focus. I wanted to build something to push my limits. The Greene Greene style has a higher level than the craftsmanship I work with daily. It allows me to get back to my roots as a carpenter finding value and satisfaction in what I am doing. Ericson studied computer aided design read and experimented with Japanese joinery learned how to lay brick and stone and was not afraid to experiment in his own home. The result is a house that stops people in their tracks as they drive past the typical row of suburban homes. Undulating clinker brick and stone foundation walls appear to support a cantilevered deck and a Japanese post and beam structure framing the shingled facade. Ericson bought truckloads of bricks from the demolished Scottish Rite Temple in Everett for the foundation s outer layer. Although he was a carpenter Ericson wasn t originally going to do the timber work. I got a book on Japanese joinery and studied the joints in it. The first I copied. The second I modified. By the time I was on the third I just started making them using the concepts in the book. The house is a symphony of wood Douglas fir okume plywood redwood western hemlock golden cedar mahogany and ironwood. The gables are crowned with latticework. Interior spaces are not finished but the true tenon construction of the stair treads and risers fir trim to doorways and windows and trim at the upper walls give an indication of what will come. Ericson has also befriended local craftspeople equally passionate about the work of Greene Greene. They could easily turn his completed home into a harmonious work of art with their furniture. Darrell Peart s introduction to the Arts Crafts Movement is laced with irony. While working for a local shop he was given an Arts Crafts project that used veneered particle board and pasted on tenons to fake the through tenons that come from structurally honest joinery. It was he recalls Just the kind of shoddy work that spawned the movement in the first place. The experience encouraged him to read attend lectures and search out originals that characterized the movement. Peart s influences as a furniture maker designer have been many. But the work of Charles and Henry Greene has captivated him. The furniture from their Ultimate Bungalow period represents not only the best from the American Arts Crafts Movement but also some of the most sensitive and thoughtful designs ever produced. Peart s work relies heavily upon traditional joinery which he often exposes making it part of the design. Thomas Stangeland studied woodworking with master furniture builder designer Emmet Day. What started as an odd job to earn extra money evolved into a woodworking apprenticeship. In someone handed Stangeland a photo of the Blacker House armchair and asked whether he would be able to make one like it. If I can make that chair he replied I can make any chair. That was Stangeland s introduction to Greene Greene. From that first piece he has expanded both his enthusiasm for the style and his interpretation of it always paying attention to details. Tim Celeski is a custom furniture designer and builder with an unusual specialty. Where most custom Arts Crafts furniture makers produce indoor furniture he chose to create a large collection of high quality custom outdoor furniture some of it inspired by Greene Greene with cloud lifts and square plugs. His pieces have found homes in some of the most famous Greene Greene houses in Pasadena. Larry Kreisman is program director of Historic Seattle. Mike Siegel is a Seattle Times staff photographer. Copyright c The Seattle Times Company More Pacific NW headlines. 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The grand opening for the new facility was recently held with over people in attendance. This is a fantastic opportunity for the Tri Towns Tri Town District Chamber Representative Matt Duke said. Here we have a business which is going to represent a significant portion of the demographic in the area namely an aging population he said. What a pleasure it is to come in here and see how accessible this building is and to see the special people here tonight that have been able to utilize that City of Temiskaming Shores Mayor Judy Pace said. This is a beautiful facility that is going to serve a tremendous amount of needs in our municipality and obviously District wide Pace added. The new facility representing three years of planning is three times the size of the old store with approximately square feet of space. We were just too cramped in our old store MEDIchair owner Dalas Forget said. Looking long term it just made good business sense to combine showroom administration service and warehousing services under one roof and on the one floor making it fully accessible to the public he said. The new space allows our ten employees to provide MEDIchair customers with a one stop retail shopping experience in a relaxed home like environment Forget said. Customers he said can now consult with qualified product experts and test drive a broad range of products ranging from scooters and electric wheel chairs to stair lifts bathroom aids and products for the bedroom. With the move to the new location MEDIchair also bought Healthy Feet a foot care clinic. There are two full time nurses who provide foot care services to clients in the store at their own homes or through remote community clinics. Some of the services provided include nail corn and callus care wart removal and treatment of cracked heels and toes. MEDIchair New Liskeard also provides compression stockings orthotic insoles and orthopedic shoes in both dress and casual styles and have staff trained to properly fit customers with medical grade compression stockings. Business is good and getting better Forget said. Our sales and service territory extends from Ramore in the north to Temagami in the south to Gowganda in the West and the Quebec border in the east he said. The business that has been serving the district for close to years continues to make complimentary home assessments and will pick up and drop off products to their customers as required. MEDIchair will continue to provide preventative maintenance to customers at long term care facilities and will make monthly visits to ensure the equipment is working properly. Customer relationships are very important to us Forget said. The newly expanded store is key to maintaining these relationships and providing our employees with the highest level of training available in the home medical equipment industry Forget said. Advertisement Article ID Comments on this Article.You are currently not logged in Discuss this Article You are currently not signed in. Sign In Join . Topic guidelines We welcome your thoughts stories and information related to this article. Please stay on topic and be respectful of others. Keep the conversation appropriate for interested readers. 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