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All we ask ... Now that you are reading this month's issue of Supply House Times magazine, you must have noticed the card on the front of the magazine. You ignored it? Allow me to tell you the significance of this card. (From The Publisher).
May 1, 2002... SUPPLY HOUSE TIMES is free to you, the qualified professional. Just fill out the card and mail it back. Whether you are a plumbing/HVAC wholesaler, supply house, manufacturers rep or other industry professional, SUPPLY HOUSE TIMES is free. All...
Happy days soon to be here again, SWA told. (News: companies ... associations ... people ... government ... trends).
May 1, 2002... That was the upbeat message delivered by ASA President Jack Hester and keynote speaker David Kohler to the 400+ attendees at the 74th annual convention of the Southern Wholesalers Association, held March 14-16 in Orlando.
"I'm very excited...
Robinson Supply. (Kudos to ...).
May 1, 2002... Robinson Supply (Fall River, Mass.) awarded Michael J. Fernandes its 2001 Salesman of the Year Award. He has been with the wholesaler 11 years, starting as a driver warehouse person.
Control Supply Corp. (Event ...).
May 1, 2002... Control Supply Corp., based in Copiague, N.Y., is hosting its first Manufacturers Day on June 6 from 11 a.m. to 7 p.m., featuring more than 20 manufacturers on site, product displays, a golf driving range and food. The master distributor of...
M. Cooper Supply Co. (People On The Move ...).
May 1, 2002... M. Cooper Supply Co. (Orland Park, III.) named Raul Munoz general manager. He has 22 years of experience in the wholesale plumbing supply business. The company is a division of Goode Industries.
Wolesley PLC. (People On The Move ...).
May 1, 2002... Wolesley PLC (Reading, UK): Richard Ireland, non-executive chairman, will retire from the company's board after its annual meeting on Dec. 13, 2002. The board proposes to elect John Whybrow as non-executive chairman. He was appointed deputy...
Affiliated distributors. (People On The Move ...).(names Craig Geers president of Pipe, Valves and Fittings Division)
May 1, 2002... Affiliated Distributors named Craig Geers vice president/Pipe, Valves and Fittings Division. Prior to joining A-D, he was vice president/purchasing at USFlow. Before that, he was vice president/purchasing for Bertsch Co.
ISH North America to offer 48 seminars. (News: companies ... associations ... people ... government ... trends).
May 1, 2002... Organizers of ISH North America, scheduled to debut Oct. 31-Nov. 2 in Toronto, have developed a conference program featuring 29 speakers, 48 seminars, and two morning kick-off events. Topics covered include plumbing/PVF, HVAC/hydronics, kitchen...
Wolseley PLC acquires Clayton, a large waterworks wholesaler. (News: companies...associations...people...government...trends).
May 1, 2002... Wolseley plc (Reading, UK) has acquired, for cash, all of the issued and outstanding stock of Clayton Acquisition Co., based in Tampa, Fla., for $110 million. Clayton, the fourth largest wholesale distributor of waterworks, wastewater and storm...
WDA exploring options for annual convention. (News: companies...associations...people...government...trends).
May 1, 2002... The Wholesale Distributors Association, which will celebrate its 74th anniversary in 2003, is planning to make some changes to its annual convention and is having discussions with the Southern Wholesalers Association on a possible joint...
Home Depot expands outlets targeted to Pros. (News: companies ... associations ... people ... government ... trends).
May 1, 2002... The Home Depot opened The Home Depot Supply in Mesquite, Texas, in late February and plans to open additional units in Milpitas, Calif., in May and Highlands Ranch, Col., in June.
The Supply stores are set up to serve the needs of the...
Stock-to-sales ratio. (Wholesaler Inventory ...).(February 2002 stock to sales ratio)(Statistical Data Included)
May 1, 2002... Stock-to-Sales Ratio: The Commerce Dept. said that wholesalers' February stock-to-sales ratio was the lowest in almost five years, as reported by Reuters. Stocks of unsold goods at wholesalers fell 0.7%, the ninth straight month of decline and...
A.O. Smith Water Products Co. (Sponsorship ...).(Wisport women's bicycle racing team)
May 1, 2002... A.O. Smith Water Products Co, is the primary sponsor for Team Pedal Power, an all-women Wisport bicycle racing team that also participates in charities, community festivals and projects. The women's jerseys will bear the company's logo as the...
Grundfos Pumps Corp. (Extended Warranty ...).
May 1, 2002... Grundfos Pumps Corp., now offers a 24-month warranty on all of its pump products dating from the time of installation, but not more than 30 months from the date of manufacture. The only exception to the company's new global standard for...
Advance Tabco. (Manufacturers Reps ...).
May 1, 2002... Advance Tabco. a manufacturer of stainless steel industrial sinks, is being represented by the following companies: Signature Sales in southern California; Johnson Industries in the states of Washington, Oregon and northern Idaho; A.H. Deveney...
American Water Heater Co. (Acquisitions ...).(acquired by GSW Inc.)
May 1, 2002... American Water Heater Co. (Johnson City, Tenn.) has been purchased by GSW of Oakville, Ontario from Southcorp, an Australian company. GSW manufactures water heaters, pumps and building products. The residential and commercial water heater...
Emco Ltd. (Acquisitions ...).(to acquire wholesale waterworks supply business bcgSERVICES Inc.)
May 1, 2002... Emco Ltd. (London, Ontario) signed an agreement to acquire the wholesale waterworks supply business of bcgSERVICES Inc. A wholly-owned subsidiary of BC Gas, bcgServices has two divisions: the wholesale waterworks supply business, which Emco is...
REHAU. (Training ...).(classes for pipe and fitting systems offered in Virginia, 2002)
May 1, 2002... REHAU is offering classes covering the use of RAUPEX pipe and the EVERLOC fitting system in radiant floor heating, snow and ice melting and RAUPEX plumbing systems. The classes will be held in Leesburg, Va., June 19-21; Oct. 23-25; and Nov....
Weil-McLain. (Training ...).(gas boilers, oil burner, hydronic systems training)
May 1, 2002... Weil-McLain is running a series of Hydronics Education and Training technical training courses designed for wholesaler and contractor professionals. The courses focus on servicing gas boilers and hydronic systems and oil burner setup. Seminar...
National Association of Wholesaler-Distributors. (Association News ...).(National Association of Wholesaler-Distributors selected Flexible Benefit Service Corp. as its exclusive InsureLink health plan provider)(Brief Article)
May 1, 2002... National Association of Wholesaler-Distributors selected Flexible Benefit Service Corp. as its exclusive InsureLink health plan provider. Industry members can find the InsureLink program on the Business Services page of the www.naw.org Web...
Water Quality Association. (Association News ...).
May 1, 2002... Water Quality Association is taking steps to ensure that its 2003 convention and exhibition in Las Vegas, scheduled for March 18-22, will have significantly higher attendance than its 2002 event. Its New Orleans convention and exhibition had...
The National Fire Protection Association. (Association News ...).(promoted Robert Solomon, P.E., to assistant vice president/building and life safety codes)(Brief Article)
May 1, 2002... The National Fire Protection Association promoted Robert Solomon, P.E., to assistant vice president/building and life safety codes. He had been NFPA's chief building fire protection engineer. Solomon will continue to manage NFPA's building fire...
Halsey Taylor celebrates 90th year.(Brief Article)
May 1, 2002... We tend to take for granted what a bleak and dangerous world surrounded us within the life spans of people still alive today. In 1896, Halsey W. Taylor lost his father to an outbreak of typhoid fever caused by contaminated water. A few years...
Briggs Plumbing Products. (People on the Move ...).(Brief Article)
May 1, 2002... Briggs Plumbing Products named Greg Carlson president/CEO effective April 1. He joined Briggs in January as executive vice president/ business development. Prior to that, Carlson spent 14 years in executive management at the ACCO Brands...
Symmons Industries. (People on the Move ...).(Brief Article)
May 1, 2002... Symmons Industries appointed Michael Davidson regional manager for its southeastern region, covering the states of Georgia, Alabama, North and South Carolina, and central and eastern Tennessee. He will work with Bradford Sales of Georgia,...
In-Sink-Erator. (People on the Move ...).(Brief Article)
May 1, 2002... In-Sink-Erator named Eric J. Schultz senior brand manager/ household disposer division. His previous marketing experience includes brands such as Monroe Shock Absorbers, Rancho Performance Trucks and Dynomax Performance Exhausts.
Bemis brings art to toilet seats. (News: bath & kitchen).(Brief Article)
May 1, 2002... Bemis Manufacturing Co. introduced a line of nine hand-painted toilet seats at the Kitchen/Bath Industry Show held in Chicago April 5-7. Designed exclusively for Bemis, the first offerings are works from two artists, Leslie Trewyn and Kathleen...
BLANCO expands production for stainless steel sinks. (News: bath & kitchen).(Brief Article)
May 1, 2002... BLANCO has added two dedicated production lines to its stainless steel sink factory in Sulzfeld, Germany to serve the exclusive U.S. needs of BLANCO AMERICA. The new production lines are supported with dedicated machinery for drawing, welding,...
Patent pending on Goodrich's chrome coating technology. (News: bath & kitchen).(Brief Article)
May 1, 2002... Goodrich Technology Corp. received a Notice of Allowance from the U.S. Patent and Trademark Office for a patent application covering its chrome coating process. A patent may be issued soon.
"The PermaStar process uses a combination of...
Moen. (Kudos to ...).(Moen VP/Marketing Services Maureen T. Wenmoth honored by Sales & Marketing Executives)(Brief Article)
May 1, 2002... Maureen T. Wenmoth, vice president/marketing services at Moen, was honored with a Distinguished Sales & Marketing Award by the Sales & Marketing Executives Cleveland Chapter.
Masco Corp. (Kudos to ...).(receives award for its efforts to improve housing for low-income families)(Brief Article)
May 1, 2002... Masco Corp. received the "Crystal Vision" award from The Storehouse of World Vision in recognition of its leadership, community spirit and supportive efforts to improve housing for low-income families and their communities. The award was...
Water-Right. (Appointment ...).(named Frank Stevens sales representative for the Southeastern region )(Brief Article)
May 1, 2002... Water-Right named Frank Stevens sales representative for the Southeastern region which includes Kentucky, Tennessee, Alabama, Mississippi, and parts of Arkansas and Louisiana.
TEK Supply. (Mergers & Acquisitions ...).(USFlow Corp. has acquired Flow Technologies )(Brief Article)
May 1, 2002... TEK Supply (Canton, MA), Stainless Pipe & Fittings (Randolph, MA) and Stainless Pipe, Fittings & Metals (Bridgeview, IL) will merge to form TEK, a Division of Spectrum Metals as a new company for the distribution of piping components and other...
McJunkin. (Alliances ...).(signs with SupplyPro for Web-enabled inventory management systems)
May 1, 2002... McJunkin has signed up with SupplyPro, a provider of Web-enabled inventory management systems.
Wheatland Tube Co. (Alliances ...).(Brief Article)
May 1, 2002... Wheatland Tube Co. has selected Ryder System, Inc. to plan and manage Wheatland's shipments from manufacturing facilities in Pennsylvania, Arkansas and Illinois. Ryder's transportation management system is being implemented in phases.
Ecoflex. (Standards ...).(Advertising)(Brief Article)
May 1, 2002... Ecoflex has realized its quest for official recognition with ASTM approval of new Standard Specification F 2165 for Flexible Pre-Insulated Piping, which describes how the carrier pipe, insulation and outer jacket function as a system.
ASTM. (Standards ...).(Advertising)(Brief Article)
May 1, 2002... ASTM also announced the development of ASTM F 2138, Standard Specification for Excess-Flow Valves for Natural Gas Service.
Integrated supply heats up. (News: pipe-valves-fittings).(Brief Article)(Statistical Data Included)
May 1, 2002... Integrated supply got knocked out of the news by "hype over e-commerce," but it is one of the hottest things going in the industrial MRO market, according to Frank Lynn of the Chicago-based Frank Lynn & Associates supply chain consulting firm....
ITC continues case against Chinese fittings. (News: pipe-valves-fittings).(U.S. International Trade Commission)(Brief Article)
May 1, 2002... The U.S. International Trade Commission (ITC) voted on April 8 that there is a reasonable indication a U.S. industry is materially injured by imports of non-malleable cast iron pipe fittings from China, allegedly sold in the U.S. at less than...
Industrial Snapshot. (News: pipe-valves-fittings).(Brief Article)(Statistical Data Included)
May 1, 2002...
Industrial Snapshot
Number of industrial plants by category operating in North America,
according to Industrial Information Resources.
Power 2,852
Terminals 1,454
Transmission ...
Flowserve to buy Invensys Flow Control Division. (News: pipe-valves-fittings).(Brief Article)
May 1, 2002... Flowserve Corp. said it agreed to acquire the Chicago-based Flow Control Division of Invensys plc for $535 million. Invensys Flow Control has annual sales of around $520 million.
According to Flowserve Chairman, President and CEO C. Scott...
Georg Fischer. (Kudos To ...).(Brief Article)
May 1, 2002... Ultra-high purity piping producer Georg Fischer for receiving Intel's best quality supplier award in 2001 for the second year running. The company, based in Switzerland, is parent to George Fischer in Tustin, Calif.
Anvil International. (Kudos To ...).(Brief Article)
May 1, 2002... Anvil International for increasing its cash pledge to the Mechanical Contracting Foundation of MCAA by $50,000. This raises Anvil's total cash and in-kind commitment to $1.15 million.
Watts Regulator. (Appointments ...).(Brief Article)
May 1, 2002... Watts Regulator has promoted Kevin Stumm to vice president of customer service. He has been with Watts six years.
USFlow. (Appointments ...).(reorganizes its sales and marketing team)
May 1, 2002... USFlow has reorganized its sales and marketing team into a North Region managed by Rick Waters. and a South Region managed by Rick Mousa. Chuck Chenevert concentrates on the Instrumentation and Controls Group, while former sales & marketing...
Flomatic Valves. (Appointments ...).(Brief Article)
May 1, 2002... Flomatic Valves of Glens Falls, NY, has promoted Nick Farrara to national sales manager from field sales manager.
Clampco Products. (Appointments ...).(Brief Article)
May 1, 2002... Clampco Products announced the hiring of Kevin Collins as sales manager, replacing the retiring Carol Barno.
CFC chillers "phase-out" slowed by downturn. (News: hydronics/HVACR).(chlorofluorocarbons)(Brief Article)
May 1, 2002... The national economic downturn has slowed replacement in buildings of comfort cooling chillers that use chlorofluorocarbons (CFCs). Manufacturers predict that by year-end, 48% of the original 80,000 CFC chillers will still rely on the...
Watsco. (Appointments ...).(Brief Article)
May 1, 2002... Watsco (Miami) appointed Alan Potamkin to the company's board of directors. Potamkin is the co-chairman of Potamkin Cos., a privately held organization with $1.7 billion in sales that operates 75 automotive dealerships in eight states...
Johnstone Supply. (Appointments ...).(Brief Article)
May 1, 2002... Johnstone Supply (Portland, Ore.) named Sam Krumholz division director of technical marketing services. The number of corporate division directors has been consolidated to two, with Stephen Brown expanding his duties as director of the entire...
Moisture Control Services. (Appointments ...).(names Alan Halleck regional sales manager)
May 1, 2002... Moisture Control Services named Alan Halleck regional sales manager. He will oversee sales support for the Midwest region.
Mupro North America. (Appointments ...).(Brief Article)
May 1, 2002... Mupro North America, a German manufacturer, appointed Boyd Ritchie as its new sales manager. Ritchie is responsible for developing an independent representative organization and distribution in the eastern United States.
McKeough Supply. (Purchases And Financials ...).(Brief Article)
May 1, 2002... McKeough Supply (Chatham-Kent, Ontario) purchased the assets of the HVAC wholesale distribution business of ECR International LTD of Wallaceburg, Ontario, Canada. The acquisition includes the branches in Chatham, Sarnia and Woodstock, Ontario....
The Canadian Hydronic Council. (Purchases And Financials ...).(Brief Article)(Statistical Data Included)
May 1, 2002... The Canadian Hydronic Council reported a 20% increase in sales for the 2001 year compared to 2000. It is also predicting record sales for 2002.
Stromquist & Company. (Partnerships and Alliances ...).(Brief Article)
May 1, 2002... Stromquist & Company was appointed local stocking distributor for Laars Heating Systems in Atlanta. The Atlanta-based Stromquist & Company is an HVAC controls distributor.
Nordyne. (Partnerships and Alliances ...).(Brief Article)
May 1, 2002... Nordyne added Tennessee-based Dale Supply Co. to its roster of distributors. Dale Supply will distribute Nordyne's Gibson brand of heating and cooling products throughout central Tennessee. Dale Supply serves the light commercial, residential...
Linn State Technical College. (On an Interesting Note ...).(accredited by Partnership for Heating, Ventilation, Air-Conditioning and Refrigeration Accreditation program)(Brief Article)
May 1, 2002... Linn State Technical College's HVACR department and Delaware Technical and Community College's HVACR department are the first schools in the country to receive national accreditation through the Partnership for Heating, Ventilation,...
Selkirk. (Promotions ...(names William Sendelback national sales manager for hearth products)(Brief Article)
May 1, 2002... Selkirk named William Sendelback national sales manager for hearth products and promoted Ginger Hutto to manager of marketing administration.
In-Sink-Erator. (Appointments ...).(appointed Mike Wulf as Web marketing manager)(Brief Article)
May 1, 2002... In-Sink-Erator appointed Mike Wulf as Web marketing manager. Wulf will lead the effort to integrate e-commerce initiatives into the company's overall business strategies and oversee ongoing upgrades to its Web site, www.insinkerator.com.
Eclipse. (Partnerships ...).(forms strategic alliance with Riello)(Brief Article)
May 1, 2002... Eclipse and Riello formed a strategic alliance that includes plans for co-marketing their technologies, including mutual distribution, co-branding and new product development. Until now, both have operated in substantially distinct market...
PlumbingHVAC.com. (Partnerships ...).(entered into a three-year agreement with T&S Brass)(Brief Article)
May 1, 2002... PlumbingHVAC.com entered into a three-year agreement with T&S Brass, in which T&S Brass will participate in the PlumbingHVAC marketing and communications program. The program enables manufacturers to communicate with a national audience of...
Tradepower. (Partnerships ...).(expands its Accounting Systems Integration Program)(Brief Article)
May 1, 2002... Tradepower expanded its Accounting Systems Integration Program, which enables accounting software systems to link with its Powerstation e-business solutions suite. Its partners include Geac AEC Business Solutions, Dexter + Chaney and C/F...
The Air-Conditioning and Refrigeration Institute. (Available Online ...).(Brief Article)
May 1, 2002... The Air-Conditioning and Refrigeration Institute released two updated ARI standards and they are available for free download at www.ari.org.
Crane Valves'. (Available Online ...).(Brief Article)
May 1, 2002... Crane Valves' classic technical paper TP-410, Flow of Fluids Through Valves, Fittings and Pipe, originally developed in 1942, is now available online, along with Flow of Fluids software, via www.vervante.com/crane/.
PVF-Shop.com. (Available Online ...).(Brief Article)
May 1, 2002... PVF-Shop. com has a new test web site for specifying piping equipment. The piping equipment database is at www.pvf-shop.com.
Charlotte Pipe & Foundry. (Web Sites To Watch ...).(Brief Article)
May 1, 2002... Charlotte Pipe & Foundry's newly designed Web site, www.charlottepipe.com, features a password-protected Extranet that allows distributors instant access to their account information. Charlotte also has a new Fax-On-Demand system for easy...
Sioux Chief. (Web Sites To Watch ...).(Brief Article)
May 1, 2002... Sioux Chief's Web site, www.siouxchief.com, features information about all Sioux Chief products, including downloadable spec sheets and other literature in PDF format.
Prophet 21 develops web-based and CD-ROM training. (News: technology).(Brief Article)
May 1, 2002... In an effort to shrink implementation fees and create more flexible tools for distributors to adapt to their own schedules, Prophet 21 is replacing on-site and travel-intensive training with University Web-based and computer-based training.
...
Airtuit partners with TCS on new messaging solution. (News: technology).(TeleCommunication Systems )(Brief Article)
May 1, 2002... Airtuit, a provider of wireless data software, announced a strategic partnership with TeleCommunication Systems (TCS) that will integrate both companies' technologies to create a new messaging solution.
Airtuit's BlueMoon, a middleware...
Updated software introduced to design kitchens and baths. (News: technology).(20-20 Technologies )(Brief Article)
May 1, 2002... The latest version of its software for designing kitchens and baths, 20-20 Design Version 6.1, was unveiled by 20-20 Technologies at the 2002 Kitchen and Bath Industry Show in Chicago.
Version 6.1 allows designers to drop-and-drag items...
Staying the course: PHCP wholesale distributors reported fairly flat sales in 2001, but are optimistic about 2002. (The Premier 150)(Cover Story).(Industry Overview)
May 1, 2002... Considering the economic slowdown in 2001 and the tragic events of 9/11, the status quo sounds pretty good. Respondents to this year's Premier 150 survey reported combined 2001 sales of $30.9 billion, a 5.8% decline from the $32.8 billion in...
Business looks up to WDA-ers: wholesalers and manufacturers attending the Wholesale Distributors Association convention in Dallas in March shared their views on the sales outlook for the remainder of the year and the biggest challenges they face in their business. (WDA Convention).(Wholesale Distributors Association annual convention )(Industry Overview)
May 1, 2002... The economic outlook described by attendees of the Wholesale Distributors Association annual convention in March was sunnier than the weather in Dallas that week. Wholesalers were generally positive, some more certain of increases than others....
15 tips to help sales reps sell more: a veteran wholesaler sales rep reveals some of the tricks he's picked up in a long and varied career.(Interview)
May 1, 2002... Ah, the things you can learn just by shooting the breeze! My fellow breezer was Ken Bottini, pictured at right, a sales rep with the Seattle branch of the Gensco HVAC wholesale supply chain--and so much more. A former schoolteacher with a...
Supply pipe--plastic--part I: This is an updated version of the product training course introduced by Supply House Times in 1979. (College of Product Knowledge).
May 1, 2002... The newest and fastest-growing category of supply piping materials today is plastics.
Advantages of these types include:
* Resistance to corrosion and chemical attack (the latter varies, depending on the specific material involved)
...
Some surprises in store. (American Supply Association).(ASA Convention in Toronto, October 29-31, 2002)(Brief Article)
May 1, 2002... This year's ASA Convention in Toronto, October 29-31, holds some surprises in store for all participants. We've combined your requests for more meaningful programming with our ability to provide an influential forum for industry issues,...
ISH NA seminars a big draw. (American Supply Association Convention).(Brief Article)
May 1, 2002... With the debut of ISH North America in Toronto on October 31st, attendees will experience a number of differences to the usual trade show experience. To begin with, there will be a greater variety of exhibitors on the show floor, representing...
Hotel reservations now available. (American Supply Association).(Brief Article)
May 1, 2002... ASA wholesaler and manufacturer members are encouraged to make their hotel reservations early for the Fairmont Royal York Hotel (ASA's Headquarters Hotel). ASA is holding a large block of rooms at our headquarters hotel (just for our members),...
Members talk about training. (American Supply Association).(Brief Article)(Statistical Data Included)
May 1, 2002... The ASA Education Foundation has just completed its research on training practices by ASA members. According to the research, only 36% of ASA member companies dedicate a specific dollar amount (budget) to training every year. For multiple...
AMD plays major role. (American Supply Association).(Associate Division of ASA)(Brief Article)
May 1, 2002... The members of the Associate Division of ASA (manufacturers, service suppliers, manufacturers representatives and other associations), are proud of their role in helping to support the programs and services of the association. In 2002, the dues...
Help us save some trees. (American Supply Association).(Brief Article)
May 1, 2002... Associations are generally not known for the lack of paper they shower upon their members. ASA is no exception. I'm a firm believer that some things are still best communicated on paper. That's why we'll continue to periodically send you...
Welcome to new members.(Brief Article)
May 1, 2002... Elkhorn Mfg. Co., Elkhorn, WI (AMD)
Gregg D. Ewert & Assoc., Austin, TX (AMD)
Excel Plumbing & Fire Protection Supply, San Francisco, CA (WSA)
Felker Bros. Corp., Marshfield, WI (AMD)
Jobsite Magazine, Lambertville, NJ (AMD)...
Know your competition: doing an in-depth study of your competition is an art that you need to learn and put to work for you. (Darlington on Showrooms).
May 1, 2002... How many of you have "shopped" your competition? Have you really taken an in-depth look at your competitors--all of them?
Knowing everything about your competition is a big part of your market research responsibility. The more you know...
Is there a future for open protocols? Our industry could be in the process of making another radical change, which may affect the way you market and sell your products for years to come. (Wheeler on HVACR).
May 1, 2002... I have avoided covering the subject of building controls in this magazine (although I have been deeply involved in that business for years), simply because I know that many of you don't sell controls, and so you may not be interested. However,...
Let the investor beware! New accounting rules may artificially inflate corporate earnings. (Basi on Finance).
May 1, 2002... Recently, several multi-billion dollar companies announced big increases in this year's earnings. On the surface, these announcements could cause an investor to perceive a turn in our economic recession is on the horizon. However, this is not...