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Reno Gazette-Journal from Reno, Nevada • Page 31

Location:
Reno, Nevada
Issue Date:
Page:
31
Extracted Article Text (OCR)

BUSINESS WEDNESDAY, NOVEMBER 29, 2006 RENO 5D Anheuser-Busch says earnings outlook remains sunny BVJIM SALTER ASSOCIATED PRESS ST. LOUIS Anheuser Busch Cos. earnings outlook remains positive as improving revenue per barrel is offsetting a slowdown in volume growth, executives of the St. Louis-based maker of Budweiser and Bud Light told investors and analysts on Tuesday. Speaking at a gathering in New York, Anheuser-Busch vice president and chief financial officer W.

Randolph Baker noted that sales and earnings were up in the first nine months of 2006 over the same period in 2005. "While volume growth for Anheuser-Busch and the industry has slowed in the second half of the year, improving revenue per barrel and cost of goods sold results have contributed to an acceleration in domestic beer profit growth," Baker said. Anheuser-Busch shares rose 75 cents, or 1.63 percent, to close at $46.89 on the New York Stock Exchange. The company said price increases are expected to take place in early 2007. It projects revenue per barrel growth to rise next year and cost of goods sold per barrel to be less than in 2006, because of lower energy costs.

"Enhancing volume growth will continue to be a major focus next year and we have a number of marketing initiatives, supported by increased marketing spending, to grow our trademark brands and increase our participation in the high-end segment," Baker said. The company expects long-term earnings per share growth between 7 percent and 10. percent. WATCH Michael HohlRV has opened a showroom in Reno, located at 10450 S. Virginia.

Hohl currently represents over 20 brands of Class and motorhomes. Offsite Data Depot LLC has moved their operations from the Bay Area to Carson City to provide information management services to businesses, non-profits, schools and government agencies in Carson City and Reno, as well as Lyon and Douglas counties. The office is located at 1175 Fairview Drive, Suite I. The Nevada State Psychological Association honored High Sierra Industries with the 2006 Psychologically Healthy Workplace Award in the small, nonprofit category. By receiving the statewide honor, HSI will be considered by the American Psychological Association for the 2007 National Psychologically Healthy Workplace awards.

The award program was created to recognize organizations that understand and demonstrate the link between employee health and well-being and organizational performance. Real Estate Menlo Oaks Corporation, a California-based developer, has selected the teal estate sales team of Anita Herrera-Perez, Erin Ruiz and Tressy Sweeney with Edge Realty to represent the Belvedere, a condominium conversion project located in downtown Reno. Slated for initial occupancy in early 2007, the three-phase community will house 3 70 units. Prices for the condominiums start at $160,000. Ellis announced the following retail transactions: Sales associate for the retail on the corner of Longley Lane and McCarran Boulevard.

Waizmann represented the tenant in the following transaction at the Carson Valley Plaza, located at Topsy Lane and US Hwy 395 in Carson City, Round Table Pizza 3,800 square feet. Send Northern Nevada business items, at least two weeks in advance via email to businessrgj.com; fax us at 788-6458; snail mail us at Business, Reno Gazette Journal, PO Box 22000, Reno, NV, 89520-2000; or drop off your news item at 955 Kuenzli St. Reno. division, Troy Miller, negotiated the sale of Kindercare, a full-service day care center located at 655 Alvaro Street, to the owner of It's All About Kids for $1,100,000. Miller represented the seller and the buyer.

Miller also negotiated leases for the following tenants in the Reno-Sparks area: Paradigm Investments, a capital management firm, located at 20 1 West Liberty, approximately 2,041 square feet. The principles in this transaction are Glenn and Kimberly Dawson. Check City, located at 10590 North McCarran Boulevard in the Canyon Center, approximately 2,700 square feet, and at 2945 El Rancho Suite 107 at Wildcreek Plaza, approximately 2,639 square feet. Neptune Society, a crematory service located at 290 East Moana Lane, Suite Dl, leased toNeptune Management Corporation. Chris Waizmann, senior vice president with Trammell Crow Company, closed the following commercial lease agreements: Waizmann represented the landlord and the tenant in the following transactions: Shear Bliss 4,800 square feet, and La Posada Real Mexican Restaurant Bar 2,931 square feet, at Longley Town Centre PEOPLE seekers find employment in the region.

Registered Ink, a local ni by Sweden to provide an educational, trade and cultural exchange between Sweden and Nevada. Walthers' focus will be on sustainable products and designs. DP Partners announced the the Society of Industrial and Office Realtors accreditation of Greg Shutt, senior escrow personnel as well in the areas of file auditing and problem resolution. Northern Nevada estate planning law firm Anderson Dorn Ltd. announced that one of their paralegals, Ginny Casazza, is now a registered guardian with the National Guardianship Foundation after completing a comprehensive certification process and exam.

commercial printer located at 401 East Fourth Street, has hired Ken Morris as part of the sales staff. The Booth Creek Resort announced that Kevin Mitchell has joined its Lake Tahoe.Learn To Ride Center as the director for Sierra-at-Tahoe Resort. Mitchell will manage the Learn To Ride Center, which includes adult and children's ski school, the Sierra Resort Race programs and the licensed day-care operation. Responsibilities will focus on developing learning programs, overseeing operations and delivering superior guest The following 2006 Business Leadership Symon Award winners were announced at a gala luncheon in October: Kori McDuffy of Starbucks Coffee Company (employer of the year, above and beyond); Ben Queniahan of West Corporation (employer of the year, large business); Russ Dalmus of Peppermill Hotel Casino (employee of the.year); Sherri Dangberg of KNPB Channel 5 (media award); Bart Vandamme of Going Places (distinguished service). Greg Shutt if 4 Wells Fargo Private Client Services announced the addition of Kathryn Miles as a financial consultant with Wells leasing manager of their Reno office.

Shutt is a graduate of San Diego State University where he obtained his bachelor's degree in public administration. Kathryn Miles Kate Kolodziej now holds Ken Morris Send Northern Nevada businesspeople items and photos, at least tu'o weeks in advance, via email to busines.srjg.c8m; fax us at 788-6458; snail mail us at Business, Reno Gazette Journal, PO Box 22000, Reno, NV, 89520-2000; or drop off your news item at 955 fCuenli St. Reno. Companies provide photos. Keno attorney Jill I.

Greiner completed the Harvard Law School Mediation Seminar and the Civil Mediation course at the National Judicial College. Spherion announced that Monica Dana has been hired as staffing axmlinator for the Carson City office. Dana will help job the Nevada Commission on Economic Development announced Lena Walthers has been appointed Honorary Consul Fargo Investments, LLC. In this role, Miles will provide investment service and advice to her clients throughout Northern Nevada and the Lake Tahoe area. Miles has been in the financial services industry for seven years, and earned her bachelor's degree from Southern Utah University.

Jill I. Greiner a position as certified escrow officer with Western Title Company. Kolodziej has more than nine years of experience in Monica Dana Kate Kolodziej Lena Walthers I "'7 I 7 LRJJSLJJi PETER DONNA WATSON I SEUSS rF SPEAR Distinctive. Enterprising. 5 Service.

BOO 582 0722 i 775 I i 775 Of' B46 0S70 i I 691 7947 ipw CAROLINE 1 I V-V A FLOWERS DOOLEY 1 WEHBE j1 Focused, Genuine. fc Trust. 775 i 775 1 815 B575 7SO 09B1 7-75 527 0531 I 1 1 I It -i i 4,1 f. tit lj 1 I 1 1 1' t. 5 1 'Mr AfTOKNEYS is pleased to announce that Ryan J.

Mandell has become a shareholder in the firm and that Brian A. Gonsalves formerly General Counsel to Artisan Pacific Builders of Truckee, California has joined the firm as an associate in the practice of law C. James Georgeson Justin H. Pfrehm Jack G. Angaran Ryan J.

Mandell Whitney J. Selert Brian A. Gonsalves 5450 Longley Lane, Reno, Nevada 8951 1 775.827.6440 (fax) 775.827.9256 1 1.

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Pages Available:
2,579,613
Years Available:
1876-2024