Andersons Earnings Hindsight: Down 9.9% in Last 12 Days (ANDE) - Financial News Network Online Andersons Earnings Hindsight: Down 9.9% in Last 12 Days (ANDE) - Financial News Network Online
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Saturday, May 19, 2012

Andersons Earnings Hindsight: Down 9.9% in Last 12 Days (ANDE) - Financial News Network Online

Andersons Earnings Hindsight: Down 9.9% in Last 12 Days (ANDE) - Financial News Network Online

When Andersons (NASDAQ:ANDE) reported earnings 12 days ago on May 7th, 2012, analysts, on average, expected the company to report earnings of $0.91 on sales of $1.1 billion. The company actually reported EPS of $0.98 on sales of $1.1 billion, beating EPS estimates by $0.07 and beating revenue estimates by $41.1 million. Shares of Andersons have slipped from $49.72 to $44.82, representing a loss of 9.9%, since the company reported earnings 12 days ago.

The Andersons, Inc. merchandises grain, operates grain elevator facilities, distributes wholesale agricultural fertilizer, and distributes agricultural inputs to dealers and farmers. The Company also manufactures lawn fertilizer and corncob-based products, and purchases, sells, repairs, and leases railcars. In addition, The Andersons operates retail stores and a distribution center.

Over the past year, Andersons has traded in a range of $30.04 to $51.50 and closed Thursday at $44.82, 49% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.6% while the 200-day MA has risen 0.4%.

There is potential upside of 11.3% for shares of Andersons based on a current price of $44.82 and an average consensus analyst price target of $49.89. The stock should find resistance at its 50-day moving average (MA) of $48.36, as well as support at its 200-day MA of $42.04.



Chance to learn more about Town Team plan for Buxton - buxtonadvertiser.co.uk

THE group behind Buxton’s bid for a share of Portas funding are holding a Town Team Workshop later this month.

The Buxton Portas Group are hoping to become one of 12 “Portas Pilots” – towns which will test out recommendations made by shopping tsar Mary Portas in a government- commissioned report aimed at reviving the country’s high streets and town centres.

A Town Team is a key element of the effort to revive Buxton and this aspect of the project will go ahead whether or not the bid is successful.

The workshop will explain more about the team and give people the chance to have their say.

Voluntary groups and private businesses have been invited but the event is open to anyone who can make a contribution.

The workshop is on May 28 from 7pm to 9.30pm. The venue is not yet confirmed but space is limited so anyone wanting to attend should email their name, organisation (if any) and a contact phone number to pilotgroup@buxtontownteam.org.uk.


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Shopping campaign is a beacon of excellence - North West Evening Mail

THE Lanes Shopping Centre in Carlisle has won a marketing award for using local people in an advertising campaign.

Commercial director David Jackson and marketing manager Janet Murray collected the award at a dinner in London.

Marketing experts from across the retail property industry were celebrated at the annual shopping centre marketing awards, organised by British Council for Shopping Centres.

Janet said: “We initiated a campaign using local faces to reflect our retail brands and create a clear identity for The Lanes, producing a set of commercials that were eye-catching, retail focused and unique to Carlisle.”

The feedback from the BCSC marketing awards said the campaing showed; “strong involvement with retailers and encouraging performance in both sales and footfall”.

It added: “Using store managers in the TV adverts to promote brands is truly collaborative. The inclusion of external observations from other business shows the impact and a noticeable difference locally.

“And rarely do you see this level of participation or collaboration with retailers when putting together a marketing campaign.”

The award was presented by rugby player Austin Healey.

Joe Hendry, leader-elect for Carlisle City Council, said: “I’d like to pass on my congratulations to The Lanes in achieving this nationally recognised marketing award.

“Collaboration with their retailers and local businesses has proven to be a success for all concerned. Their innovative approach should be commended, well done to The Lanes.”

Last week, The Lanes retailer Debenhams announced it was planning a multi million upgrade to its store, due to begin on May 28.

PMcClounie@cngroup.co.uk



Book review: Tales from the Mall, by Ewan Morrison - scotsman.com

Welcome to a new kind of 21st-century storytelling. This remarkable collection of writing is hard to categorise in any orthodox sense, but it is a brilliant and often profound form of literature that says more about the modern human condition than a hundred more conventional novels might.

Tales from the Mall

by Ewan Morrison

Cargo, 340pp, £9.99

Tales from the Mall contains short stories, various kinds of non-fiction including essays, journalism, etymology, history and social comment – and most impressively – modern folk tales culled from interviews with people working in or regularly interacting with shopping malls.

Morrison’s fiction to date has dabbled with themes of consumerism, capitalism and commercialisation, and this collection can be seen as a culmination of that obsession. In the erudite introduction he explains his fascination with shopping malls, these colossal, unreal spaces that have taken over our lives yet that seem curiously under-examined in modern culture.

The genius of Tales from the Mall is that Morrison plays everything with a straight bat. General consensus amongst well-educated types is that malls are evil, soulless places, a malaise of modern life to be scorned. But Morrison here reveals a much more complex ecosystem, a subtle and strange interaction between humans and the spaces we inhabit, and it is a genuinely revelatory read in that respect.

So we encounter the separated couple who use the mall as a neutral space for the handover of the kids, the woman using it for the scene of an illicit affair, the Muslim woman who uses the mall to power-walk in a space without fear of abuse from local teenage boys.

There are pieces of writing here that will make you cry, others that will give you a warm glow about humanity, and still others that will make you despair at the state of the world.

The interplay between straight fiction, collected true stories and Morrison’s impeccably researched non-fiction is often mesmerising, and the cumulative emotional power comes as a shock, and truly makes you look at the world in a different light.


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