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United Natural Updates Fiscal 2006 Outlook

United Natural Foods, Inc., (Nasdaq: UNFI) updated its financial outlook for the fiscal year ending July 31, 2006 to include the impact of share based compensation expense related to the implementation of FAS123R which was adopted on August 1, 2005. As previously announced on July 13, 2005, revenues for the fiscal year ending July 31, 2006 are expected to increase approximately 10% to 15% from fiscal 2005 levels to a range of $2.25 billion to $2.35 billion. Fiscal year 2006 earnings per diluted share, excluding special items and share based compensation, is expected to be in the range of $1.14 to $1.19 per share, an increase of 15% to 20% over fiscal 2005 levels, excluding special items. The Company announced that during the 2006 fiscal year, it expects to incur approximately $6 – $8.2 million of share based compensation expense on a pre-tax basis, or $0.08 to $0.11 per diluted share after tax, excluding special items. The Company expects to incur $1.4 million to $2.0 million of share based compensation expense on a pre-tax basis, or $0.02 to $0.03 per share after tax during the first quarter of the 2006 fiscal year, excluding special items. The actual expenses recorded during […]

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American Power Conversion's Symmetra Megawatt Uninterruptible Power Supply System to Support Disney's Global IT Operations

American Power Conversion (Nasdaq: APCC), today announced that Disney Worldwide Services Inc., the global service unit of The Walt Disney Company, has selected four APC Symmetra MW uninterruptible power supply (UPS) units to protect and maintain power availability for Disney’s worldwide IT operations in Lake Buena Vista, Fla. The four Symmetra MW units will initially provide Disney with 4800kW of capacity, and offer the combined ability to add an additional 800kW of capacity to meet future demand. Disney expects to bring the four Symmetra units online next year. The APC Symmetra MW is one of the largest, commercially available, static UPS products for facilities, data centers and other mission-critical applications. The Symmetra MW’s key advantages include its N+1 internal redundancy that provides high availability, as well as its scalable power capacity that eliminates UPS oversizing costs. Dwight Sperry, APC’s vice president of Enterprise Systems and Business Networks, stated, “We are delighted to provide our modular, scalable UPS technology for data centers and facilities to Disney to support their critical IT operations.” Website: [sorry this link is no longer available]     

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Capstone Turbine Opens Shanghai Office

Capstone Turbine Corporation (Nasdaq:CPST) CEO John R. Tucker announced today that the company has officially opened a Capstone representative office in China. In a related announcement, Tucker confirmed that Walter J. (Chuck) McBride, Capstone’s Executive Vice-President & CFO, will be joining Arnold Schwarzenegger on the California’s governor’s trade mission to China this month. “Working with our distributor in China, Shanghai Aerospace Energy, we expect China will become one of our leading customers in the years ahead,” said McBride. Capstone’s new representative office is located in Shanghai. At Shanghai’s Jiao Tong University, one of China’s top technical institutes, two Capstone MicroTurbines currently supplement power to the university. The near-zero-emission exhaust of the systems directly drives an absorption chiller that creates cold air conditioning from heat energy instead of electric energy. Schwarzenegger’s week-long, mid-November trade mission to promote the use of California-made products in the world’s most populous nation will make stops in Shanghai, Beijing and Hong Kong. Representatives from a number of California-based companies will join the governor, including those in the tourism, agricultural, technology, financial and other industries. “Capstone is the only energy equipment manufacturer involved in this trade mission,” McBride said. Website: [sorry this link is no longer available] […]

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