| Watsco, Incorporated Earnings Conference Call (Q4 2007)
Watsco, Inc., along with its subsidiaries, distributes air conditioning, heating, refrigeration equipment, and related parts and supplies in the United States. Its products primarily comprise residential central air conditioners; light commercial air conditioners; gas, electric, and oil furnaces; commercial air conditioning and heating equipment and systems; and other specialized equipment. The company also offers various parts, including replacement compressors, evaporator coils, motors, and other component parts; and supplies consisting of thermostats, insulation material, refrigerants, ductwork, grills, registers, sheet metal, tools, copper tubing, concrete pads, tape, adhesives, and other ancillary supplies. Watsco operates through approximately 380 locations in 32 states. It distributes its products to contractors and dealers who service the replacement and new construction markets.
Outlook roundup: NeuStar, Diebold
STERLING, Va. (AP) -- NeuStar Inc., a provider of clearinghouse services for communications companies, said Wednesday it expects to earn at least $1.29 per share during 2008, short of analyst expectations. NORTH CANTON, Ohio (AP) -- Diebold Inc. will cut 5 percent of its work force as part of a plan to save $100 million, the maker of ATMs and voting machines said Wednesday. NEW YORK (AP) -- Apparel maker Polo Ralph Lauren Corp. on Wednesday raised fiscal 2008 earnings predictions due to a lower tax rate. DALLAS (AP) -- Lennox International Inc., a supplier of heating, ventilation and air conditioning products, maintained its 2008 adjusted earnings outlook Wednesday. HARTSVILLE, S.C. (AP) -- packaging products maker Sonoco Products Co. on Wednesday forecast first-quarter earnings below Wall Street expectations.
Deep Throat revealed
They're intended to provide readers with a quick glance at the facts of the story, but they also repeat information from the headlines. Is there a better way to use these elements? Rob McDonald's story about North Central science teacher Randy James would have been a perfect opportunity for video. We've recently equipped photographer Colin Mulvany with a video camera, and we're still learning how to take advantage of this resource. Here's a sample of his work on another story (requires high-speed connection). Speaking of Colin, what a great shot he got of Mt. Spokane High School's Angel Urann sliding into third base. The Web doesn't do justice - pick up the print edition and take a look. Coming up today: -Mayor West attended the annual leadership prayer breakfast this morning.
Councilor objects to DIA contractor
A Denver councilman raised objections Monday about a contractor scheduled to get $13.4 million in work at Denver International Airport, saying the company has violated the city's prevailing wage laws and does shoddy work. Councilman Chris Nevitt ended up voting to grant initial approval of the contract for RK Mechanical Inc. of Denver, but he blasted the contractor as having a bad record on the wage rules for city projects. The contract is to repair cooling towers used in the air-conditioning system at the airport. Nevitt said he would vote to grant initial approval to the contract because the work is crucial for the airport. There isn't enough time to seek another round of bids, he said. "It just sticks in my craw," said Nevitt, stressing that in the future, he wants the city to get more contractors interested in projects.
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