| 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.
United Airlines flight makes safe unscheduled landing at KCI
A United Airlines transcontinental flight made an emergency landing at Kansas City International Airport this morning after officials reported smoke in the cabin.</p><p>No one was injured.</p><p>Flight 871, a Boeing 767 jet traveling from Washington D.C. to San Francisco and then Taiwan, landed safely about 10:10 a.m., said KCI spokesman Joe McBride. There were 226 persons — 215 passengers and 11 crew members — aboard the plane, which was carrying 38,000 pounds of fuel.</p><p>Kansas City fire personnel and equipment gathered near the KCI runway area as the flight landed.</p><p>The plane will remain grounded at KCI as officials conduct a thorough inspection, said United Airlines spokeswoman Megan McCarthy. She said it was uncertain how long the plane would be at KCI.</p><p>After landing, the plane taxied to the United Airlines gate at Terminal A.
SAISD workers accused of stealing copper
Two former San Antonio Independent School District employees have been accused of stealing copper. "We have presented charges to the DA for prosecution of two former employees for stealing copper tubing from several of our schools," SAISD spokeswoman Carmen Vázquez-González said. Authorities have not charged the two men, so their names are not available. On Wednesday, copper was selling for about $3 per pound. Vázquez-González says the pair took up to $10,000 worth of copper from air conditioning units from portable buildings and other school district facilities. "We're looking at, right now, at least $10,000 in aggregate charges," she said. .
AUSTRALIA: Telstra's powerful result
And expected full-year growth in earnings before interest and tax has been upgraded from between 5% and 7% to between 6% and 8%. Trujillo says his big structural and technological re-make of the giant telco is on track, and Telstra's December half numbers indicate that Trujillo's hugely ambitious re-make of the former monopoly is producing an accelerating shift in the group's revenue and profit base, across from old fixed line services to new technologies. Retail services sales growth -- sales to external consumers, business and government customers -- was an impressive 7.6 per cent in the half, and Telstra's overall domestic revenue growth of 5.9% was world-class, beating groups including Spain's Telefonica (4.3 %) China Telecom (2.8%), AT&T (2.6%) and France Telecom (1.9%).
Victorian house as smart as it is spacious
HACKENSACK, N.J. — A traditional Victorian house in forested Vernon Township, N.J., holds a secret: It's really a technophile's dream. The 17-room dwelling is a SMART house. Computers control all the heating, cooling and electronics so all of it can be operated outside the home by a computer or through the telephone system. But before being so smart, the home was just a dream for homeowners Tom and Melissa Welch. With five kids, the Welches wanted something even bigger than their 3,800-square-foot house nearby, that would be kid-friendly with lots of bedrooms, bathrooms and cozy, inviting main rooms. They found the basic plans for the house 20 years ago in a magazine and kept them until they were able to buy a nearly two-acre lot eight years later and begin building.
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