That explains why CVS is getting out of the cigarette business. they are getting the room ready for marijuana sales.
Florida-only numbers with same-store sales growing 4.4% for the 47 restaurants in the Sunshine State.
We're talking explosive growth in Florida!! Good job!! How many units are on the board for the sunshine Stare???
Driving the stock price up based upon takeover or breakup valuations??? Any of the run up due to growth?? I am tired of the increased dividend story since it is due to the massive use of capital to buy back shares thus the increase in dividend. I would like to see a stock split based on a growth story if one can be successfully implemented resulting in explosive growth creating desire from the street for more shares due to institutional and retail customer demand. There hasn't been a split since 1991 not even a stinking 10% dividend. I guess you have to be a trader on this stock today especially since there are many better dividend opportunities out there.
Cracker Barrel Posts Profit, Despite Dip in Fiscal Second-Quarter Revenues
Cracker Barrel Old Country Store reported a slight drop in second-quarter fiscal 2014 revenues, citing severe winter weather as the culprit, but the company was still able to post a profit of $37.1 million, a 5.4 percent gain over a year ago.
The second quarter of fiscal 2014 ended January 31, 2014.
I expect the superior leadership team that has been around for over 6 years at Bob Evans should be more than capable of outperforming the management team at Cracker Barrel, like the Bob Evans management teams of old did on a regular basis. After all, Cracker Barrel is not nearly as forward thinking as the good old boys and girls at BOBE.
Hillshire Chief Executive Sean Connolly said both profit and sales exceeded the company’s expectations.
“During the quarter, we implemented pricing actions on the businesses most affected by inflation. Encouragingly, the volume impact we saw was more modest than expected, with most consumers remaining loyal to our brands,” Connolly said.
Hillshire Brands reported strong second-quarter earnings, propelled by price increases and double-digit growth in its Jimmy Dean line of breakfast sandwiches and other frozen convenience items.
Bob Evans Farms Inc. directors were sued by a pension fund over claims the board improperly stripped investors of their rights to use a majority vote to amend the restaurant chain’s bylaws.
The board of Columbus, Ohio-based Bob Evans unilaterally reinstated a requirement that investors get an 80 percent supermajority shareholder vote to amend the company’s bylaws as part of an effort to help directors keep their seats, the Oklahoma Firefighters Pension & Retirement System said in a complaint filed in Delaware Chancery Court in Wilmington. Another investor is seeking support to oust directors.
“When directors of a publicly traded company take such brazen action to render themselves immune from a consent solicitation, the only logical conclusion is that they are motivated by deceit and entrenchment,” the Oklahoma fund said in the Jan. 22 complaint.
The pension fund’s case is the second to be filed in Delaware over Bob Evans directors’ decision to back the bylaw-supermajority rule. Sandell Asset Management Corp., a New York-based hedge fund that owns 6.5 percent of the 561-restaurant chain’s shares, sued Jan. 14 over the board bylaw decision.
Why not compromise at three-fifths???
I don't think the share price is a tell all story on Vivione. I don't own any at this time BUT their relationships are not little league, their technology has evolved over a number of of years and they are still at it, their CEO has a record of being able to raise capital. What the hell, its not like I couldn't afford to throw a yard at it based on the ROI made on NEOG since 1999!
Vivione BiosciencesVivione Biosciences, Inc., a Calgary, Alberta-based company, announced a new collaboration on Tuesday with Kirkegaard & Perry Laboratories, Inc., to accelerate the commercialization of Vivione’s food-borne pathogen detection platform.
Vivione’s RAPID-B platform detection kit will include KPL’s BacTrace affinity-purified primary antibodies. The platform uses flow cytometry combined with specific, proprietary reagents to provide food pathogen detection down to a single cell in seven hours. Most culture-based methods take up to 48 hours for detection.
Vivione Biosciences has completed a 6 Year development effort with the United States Food & Drug Administration’s (FDA) National Center for Toxicological Research (NCTR).
In April, 2013 Vivione merged with PACEpartners Inc., a capital pool company and became listed on the Toronto Venture Exchange.
In July, 2013 PACEpartners Inc had its Shareholder Meeting and changed its name to Vivione Biosciences Inc. and changed the Stock Symbol to VBI.
Technology emanated from ‘core research’ by NCTR into various technologies capable of solving bacterial, viral and toxin identification quickly
Vivione was formed in late 2006 to advance technology
NCTR and Vivione formally collaborated under a Cooperative Research and Development Agreement (CRADA)
The primary goal was to demonstrate the technology in the most difficult environment, Food Safety; due to high background and low organism concentrations
After 6 years and 100,000 tests, Vivione determined Technology commercially ready
CALGARY , July 26, 2013 /CNW/ - Vivione Biosciences Inc. ("Vivione") (VBI.V) is pleased to announce that it has signed a collaboration agreement with the University of Arkansas Department of Food Science and the University of Arkansas System Division of Agriculture Center for Food Safety.
This collaboration is for a 12 month period with annual renewals during which Vivione and the university will work together on mutually agreed to projects. These projects will include literature searches and objective studies of RAPID-B's performance relative to other methods. These projects will include existing as well as future assays.
Vivione is commercializing its RAPID-B diagnostic platform into the food safety market. RAPID-B has the potential to provide food pathogen detection down to a single cell in as little as seven hours (including sample preparation) versus the days that it takes with competitive systems. The rapid time to results capability could allow food processors to more closely monitor their manufacturing plants, incoming raw materials as well as mitigate the risk of a food safety recall.
"The University of Arkansas is one the leading agricultural universities in the United States ," said Kevin Kuykendall , Vivione's CEO. "In addition to being on the leading edge of the technologies and research that are driving ongoing improvements in food science, they also have a unique perspective due to their strong relationships with some of the largest global food companies. We are very happy to be working with them to help refine our products as well as having the university being an objective judge of our analytical performance."
Steven C. Ricke, Director of the Center for Food Safety, said, "We have been informally involved with Vivione's RAPID-B platform for a number of years and have appreciated all of the work that has gone into the platform's development. We are very pleased to now formalize our relationship and are looking forward to actively contributing to RAPID-B's success. Vivione's RAPID-B platform could have a dramatic impact on a customer's food safety program. The ability to sample, analyze, and intervene all within a manufacturing shift is a significant improvement over existing pathogen detection technologies. RAPID-B's ability to detect a single cell of bacteria in seven hours or less, including sample preparation time will provide food producers with the ability to reduce inventory hold times and improve manufacturing efficiencies, and ultimately reduce their product costs."
Vivione partnered with the federal Food and Drug Administration National Center for Toxicological Research in Jefferson, Ark., for more than six years to develop RAPID-B. Vivione believes RAPID-B has the potential to provide for the rapid detection of bacterial pathogens, making RAPID-B applicable to the food safety, clinical diagnostics and other markets including agricultural, water testing, pharmaceutical and medical device applications.
The Department of Food Science consists of 14 nationally recognized faculty and 10 adjunct faculty with support personnel who are dedicated to teaching, research and service in areas of food chemistry and quality, microbial food safety, food processing, food packaging, sensory analysis, food engineering, functionality and health benefits of foods. The department's facilities including classrooms, laboratories and food processing pilot plant are modern and well equipped for effective education and research.
The mission of the Center for Food Safety is to conduct research on the safety and quality of food products with a focus on biological, chemical and physical hazards. The center is dedicated to the development and utilization of advanced research technologies and to the communication of research findings to assist in building public confidence in the protection, safety, quality and nutritional value of food products.
This man, referred to as the White Knight, is the leader of many good knights who live inside this partially ruined abandoned castle waiting and yearning to begin their journey spoken of a Quest for Truth, Justice,Safety and Transparency in the operation of its nemesis, the Evil Empire. Soon, this group of knights armed with the truth and justice for all, will ride with the White Knights on this mission.