| Outlook roundup: NeuStar, Diebold
STERLING, Va. (AP) -- NeuStar Inc., a provider of clearinghouse services for communications companies, said Wednesday it expects to earn at least $1.29 per share during 2008, short of analyst expectations. NORTH CANTON, Ohio (AP) -- Diebold Inc. will cut 5 percent of its work force as part of a plan to save $100 million, the maker of ATMs and voting machines said Wednesday. NEW YORK (AP) -- Apparel maker Polo Ralph Lauren Corp. on Wednesday raised fiscal 2008 earnings predictions due to a lower tax rate. DALLAS (AP) -- Lennox International Inc., a supplier of heating, ventilation and air conditioning products, maintained its 2008 adjusted earnings outlook Wednesday. HARTSVILLE, S.C. (AP) -- packaging products maker Sonoco Products Co. on Wednesday forecast first-quarter earnings below Wall Street expectations.
Copper drawing sinners to local churches
ANDERSON COUNTY Copper thieves have left no doubt that security is needed at institutions that open their doors open to sinners. In about two months, thieves have targeted three Anderson County churches, causing about $20,000 in damage from the theft of copper. Between 8 p.m. Sunday and 7 p.m. Thursday, thieves stripped copper from two central air conditioning and heating units behind the Seventh Day Adventist Church on Osborne Avenue in Anderson. The loss is estimated at $12,000, according to the Anderson City Police incident report. About Jan. 19, thieves coordinated their arrival with that of a wintry mix to steal copper from a heating and cooling system at Thompson United Methodist Church on West Market Street, according to the Anderson police. The Lennox system is valued at $3,600, according to the incident report.
Montana files suit against former state accountant
The state of Montana filed a civil lawsuit against a former state accountant and her husband's maintenance business Wednesday, seeking to recover more than $739,000 the state alleged was paid to the company for work that was not performed.We are finally beginning the process of recovering every single dollar that's been stolen from Montana taxpayers,'' said Sheryl Olson, deputy director of the Department of Administration. We filed this case to help us turn over every stone to help us recover all that money, plus interest.''The state alleges Susan Campbell, a former accountant in the Facilities Management Bureau, occasionally issued or caused others to issue duplicate payments to Jack's Technical Assistance Inc., owned by Jack Campbell.JTA had yearly contracts to maintain heating, ventilation and air conditioning at the Capitol complex beginning in 2000 and ending in October 2006.
Lennox International Renews and Amends Existing Credit Facility
DALLAS, Oct. 15 /PRNewswire-FirstCall/ -- Lennox International Inc. (NYSE: LII) announced it has renewed and amended its revolving credit facility. The $650 million facility, an increase of $250 million from the existing credit facility, has a maturity date of October 12, 2012. LII will use the credit facility for the previously announced share repurchase program and for general corporate purposes. "We are very pleased to extend our revolving credit facility," said Sue Carter, executive vice president and chief financial officer for Lennox International. "The confidence this group of lenders has in our company is affirmation of our business objectives and stability, and we believe the use of additional capacity will enhance the capital structure of LII while improving shareholder returns." The joint lead arrangers for the new facility are Bank of America Securities LLC and JPMorgan Securities, Inc.
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