Management anticipates that revenues willcontinue to be restricted so long as employment conditions remain unstable anduntil education-earmarked dollars from the 2009 stimulus package begin to flowmeaningfully into state and local coffers. Your Company has been vigilant incontrolling, where prudent, factors that influence earnings; for example, grossprofit margin for the first quarter of 2009 increased 110 basis points to 40.6%compared to the first quarter of 2008 principally as a result of procurementaction plans to control transportation costs. In addition, variable componentsof selling and administrative expenses, with particular focus on labor, werereduced in reaction to lower order volume. Management will continue toscrutinize operating costs in order to protect earnings potential during thisperiod of economic disruption without negatively impacting the Company`s longterm financial goals.” About AristotleThe Aristotle Corporation, founded in 1986, and headquartered in Stamford, CT,is a leading manufacturer and global distributor of educational, health, medicaltechnology and agricultural products. A selection of over 80,000 items isoffered, primarily through 50 separate catalogs carrying the brand of Nasco(founded in 1941), as well as those bearing the brands of Life/Form, Whirl-Pak,Simulaids, Triarco, Spectrum Educational Supplies, Hubbard Scientific, ScottResources, Haan Crafts, CPR Prompt, Ginsberg Scientific, and Summit Learning.Products include educational materials and supplies for substantially all K-12curricula, molded plastics, biological materials, medical simulators, healthcare products and items for the agricultural, senior care and food industries.Aristotle has approximately 850 full-time employees at its operations in FortAtkinson, WI, Modesto, CA, Fort Collins, CO, Plymouth, MN, Saugerties, NY,Chippewa Falls, WI, Otterbein, IN and Newmarket, Ontario, Canada.
There are 18.0 million shares outstanding of Aristotle common stock (NASDAQ:ARTL) and 1.1 million shares outstanding of Series I preferred stock (NASDAQ:ARTLP); there are also 11.0 million privately-held shares outstanding of SeriesJ preferred stock Aristotle has about 3,600 stockholders of record. As a result, Aristotle`s future development effortsinvolve a high degree of risk. NEW YORK (Reuters) – Chemical maker Huntsman Corp (HUN.N) posted a wider-than-expected quarterly loss, hurt by decreased demand in all of its businesses due to the worldwide economic slowdown, sending its shares down 17 percent. Hot StocksHuntsman and its peers have been hit hard by falling demand for chemicals from industries such as automotive, construction, electronics, medical, and packaging products.Net loss for the first quarter was $290 million, or $1.24 per share, compared with net income of $7 million, or 3 cents a share, a year earlier.Excluding one-time items, the loss from continuing operations was 55 cents a share.
On that basis, analysts had expected a loss of 21 cents a share, according to Reuters Estimates.Revenue fell 33 percent to $1.69 billion and missed analysts’ average forecast of $2.17 billion.Huntsman, which recently terminated a $6.5 billion pact to be acquired by Apollo Management’s Hexion Specialty Chemicals, said it intends to reduce its full-time workforce by about 1,250 positions, or nearly 10 percent. In January it said the job cuts would total 1,175.This is in addition to the elimination of 490 full-time contractor positions that was also announced in January.However, the company said it is ahead of its target and schedule to eliminate in excess of $150 million from its cost structure.Huntsman also said there were positive order patterns within the first quarter and it left the quarter with stronger demand than when it entered it.Shares of the company were trading down 17 percent at $4.84 in morning trade on the New York Stock Exchange. The stock has traded in a range of $2.03 to $23.95 in the last 52 weeks.(Reporting by Hezron Selvi, editing by John Wallace, Dave Zimmerman) Hot Stocks. SOUTH DEERFIELD, Mass., May 8 /PRNewswire/ — Yankee Holding Corp. and itswholly owned subsidiary The Yankee Candle Company, Inc.
(“Yankee Candle” orthe “Company”) announces the following webcast:(Logo: http:// )What:Q1 2009 Yankee Candle Earnings Conference Call WebcastWhen:May 14, 2009 at 11:00 a.m. (EDT)Where: The webcast can be accessed at The Yankee Candle Company’s web site at http:// on the “About Us” link, and then select the “Investor Information” link.How: Live over the Internet — Simply log on to the web at the address above.If you are unable to participate during the live webcast, the call will bearchived on for one week after the event.The Yankee Candle Company, Inc. Forward-looking statements include but are notlimited to the statements contained herein with respect to management’scurrent estimates of the Company’s financial and operating results for Fiscal2009, and any other statements concerning the Company’s or management’s plans,objectives, goals, strategies, expectations, estimates, beliefs orprojections, or any other statements concerning future performance or events. 333-141699-05), each on file with the Securities and Exchange Commission.
Any forward-looking statements represent our views only as of today and shouldnot be relied upon as representing our views as of any subsequent date.Whilewe may elect to update certain forward-looking statements at some point in thefuture, we specifically disclaim any obligation to do so even if experience orfuture events may cause the views contained in any forward-looking statementsto change.SOURCEThe Yankee Candle Company, Inc.Bruce L. Hartman of The Yankee Candle Company, Inc., +1-413-665-8306, Ext.4414. NEW YORK (Reuters) – The Statue of Liberty’s crown, closed to the public since the September 11, 2001 attacks on the World Trade Center, will reopen on July 4, U.S. Independence Day, Interior Secretary Ken Salazar said on Friday. U.S. | FranceAt a news conference at the site, Salazar said the statue was a symbol of American values and reopening it on Independence Day would be a “great birthday present for the American people.”"We will protect the people, we will protect the place,” Salazar vowed, announcing a $25 million grant from federal stimulus funds for the Statue of Liberty and the historic immigration center on the adjacent Ellis Island.He said a maximum of 10 people would be able to occupy the crown at any time, allowing for 30 visitors an hour, or 50,000 a year in the initial phase.