Better here
than Nebraska
More than a few residents who thought they were calling to
re-register their phone numbers with Pennsylvania's do-not-call
list yesterday were instead connected to a travel agency in
Nebraska. The agency said it was inundated with calls from
perplexed residents, who apparently dialed the correct number for
the registry, but somehow had their calls routed to Nebraska by the
phone company. A spokesman for the state Attorney General's office,
which runs the do-not-call program, said late yesterday afternoon
that officials were working to fix the glitch.
Ansys shares
soar on profit
Shares of Ansys Inc. soared to a 52-week high yesterday after the
Cecil engineering software firm posted quarterly earnings that
easily beat analysts' estimates. Ansys posted second-quarter net
income of $18.3 million, or 23 cents per share, vs. a loss of $19.4
million, or 27 cents, a year ago. Excluding stock-based
compensation and other fees, the company reported adjusted earnings
of $24.6 million, or 30 cents per share, vs. $16.5 million, or 21
cents per share. Analysts surveyed by Thomson Financial had
forecast earnings of 24 cents a share. Revenue rose 48 percent to
$92.2 million. Shares closed up $3.48, or 13 percent, to
$30.04.
Carbon sales
lift Calgon
Calgon Carbon Corp. reported second-quarter net income of $4.5
million, or 9 cents per diluted share, vs. $2.4 million, or 6
cents, a year ago. Analysts had forecast earnings of 5 cents a
share for the most recent quarter. Buoyed by an 11 percent increase
in revenue in the activated carbon and service segment, net sales
rose to $88.4 million from $80.5 million a year ago. Sales for the
most recent quarter included a gain of $1.8 million from a
favorable currency exchange.
Treehouse
best analysts
TreeHouse Foods Inc. reported second-quarter net income of $9.4
million, or 30 cents per diluted share, vs. $6.6 million, or 21
cents, a year ago. Profit was aided by a 12.4 percent increase in
operating earnings in its soup and infant feeding business.
Analysts had forecast earnings of 28 cents a share. In the year-ago
quarter, TreeHouse acquired the baby food and private label soup
businesses from Del Monte Foods for $275 million. The acquisition
included the North Side plant that H.J. Heinz had sold to Del Monte
in 2002. Net sales rose to $256 million from $232.1 million a year
ago.
Sony
recalling cameras
Sony said yesterday it was recalling 416,000 Cyber Shot DSC-T5
digital cameras because the case may warp, creating an edge that
can cut or scratch the user's hands. The company will replace the
bottom casing, where the problem occurs, at no cost. Most of the
recalled cameras were sold in the United States, Europe and China.
Customers can go to Sony's support Web site at esupport.sony.com for more
information or call Sony support at 1-877-573-7669.
Mortgage
rates slip
Mortgage rates around the country edged down this week, with rates
on 30-year home loans sinking to their lowest point in a month,
good news for prospective buyers. Freddie Mac yesterday said
30-year, fixed-rate mortgages averaged 6.68 percent, down slightly
from 6.69 percent last week. In mid-June, rates on 30-year
mortgages had climbed to 6.74 percent, an 11-month high. Rates on
15-year fixed-rate mortgages dropped to 6.32 percent from 6.37
percent last week.
Also in
business ...
Fiserv Inc., a provider of information management systems
and services, is buying online banking company CheckFree Corp. for
about $4.2 billion in cash, the companies said ... Ubics
Inc., the Canonsburg-based provider of information technology
services, said it sold its Boeing 727 aircraft to United Breweries
Holdings Ltd. for $4 million.