Ruby Tuesday Reports Positive Same-Restaurant Sales And Buying Back of Franchise Restaurants

June 4th, 2011 by Bank Loan | No Comments | Filed in News

Ruby Tuesday Reports Positive Same-Restaurant Sales And Buying Back of Franchise Restaurants

Ruby Tuesday, Inc (NYSE:RT)rose 6.61% in the last two trading sessions on the Company’s reporting of strongest quarterly sales percentage in almost five years for the second quarter fiscal 2011 on January 5, 2011.

Shares of the Company gained .83 to trade close at .84 after second quarter reporting and had market capitalization of 2.42 million on 64.85 million outstanding shares. The Company has grown 93.99% in the last one year trading and its shares are currently trading above its 50-Day Moving Average and 200-Day Moving Average of .48 and .41.

The owner of the Ruby Tuesday casual dining restaurants posted positive same-restaurant sales of 4.2% for the second consecutive quarter. Net income generated in the second quarter was .07 per diluted share as compared to net earnings of .01 per share posted in the corresponding quarter last year which ca be directly correlated to RT’s  repositioning efforts and strategic investments in its menu offerings.

Operating margin for the quarter improved by 140 basis points to 15.1% with a 6.2% increase in the revenues earned of 0.451 million from previous year’s revenues of 3.464 million. A 1.6% increase was observed in the Company’s same-restaurant sales for domestic franchised restaurants with the total sales at domestic and international franchise Ruby Tuesday restaurants being .9 million.

Ruby Tuesday projects FY 2011 earnings per share in the range of .76-.86 along with a relatively flat same-restaurant sale of 2% and a flat operating margin. The company estimates to expend – million in capital expenditure for the buy back of additional franchise restaurants over the remainder of the fiscal year apart from the 20 franchise restaurants acquired during the first fiscal quarter and three restaurants acquired in the second quarter. During the quarter RT had negotiated a new five-year, 0 million revolving credit facility which closed on December 1, 2010.

Ruby Tuesday, Inc., including its wholly owned subsidiaries (RTI) owns and operates Ruby Tuesday casual dining restaurants. The Company-owned and operated restaurants are concentrated in the Northeast, Southeast, Mid-Atlantic and Midwest regions of the United States. Continue @ http://collegestock.com/blog/661-ruby-tuesday-reports-positive-same-restaurant-sales-and-buying-back-of-franchise-restaurants/

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Expatriate Pay – Dubai Most Expensive Place in World for Restaurants Meals Out and Hotels

September 5th, 2010 by Bank Loan | No Comments | Filed in Forex
USD
by Jay valerie

Expatriate Pay – Dubai Most Expensive Place in World for Restaurants Meals Out and Hotels

According to the March 2008, Xpatulator international cost of living comparison, Dubai, United Arab Emirates is the 32nd most expensive city in the world for expatriates to live in.

The findings of the international cost of living comparison of 228 international locations, conducted by the international relocation calculator, shows that Dubai is most expensive for Restaurants, Meals Out and Hotels and least expensive for Communication.

The international cost of living comparison uses the prices of goods and services that expatriates spend their salaries on in each location, and calculates cost of living indexes (COLI) for 13 different basket groups using New York as the base (i.e. New York is equal to 100).

The most expensive city in the world for expatriates is London. At the other end of the rankings, the least expensive city (again – for expatriates to live in) is Harare. On average, goods and services that cost an expatriate US0 in New York would cost US6.6 in London, compared to just US.4 in Harare, and US98.84 in Dubai.

Dubai Cost of Living Basket

For each aspect of cost of living Dubai is ranked by Xpatulator as follows (Out of 228 international locations, ranked from highest cost of living to lowest cost of living):

•Alcohol & Tobacco (Alcoholic Beverages and Tobacco Products): 104th

•Clothing (Clothing and Footwear Products): 4th

•Communication (Telephone, Internet, and Mobile Communication): 221st

•Education (Creche, Primary, Secondary and Tertiary Fees): 127th

•Furniture and Appliances (Furniture, Household Equipment and Household Appliances): 159th

•Groceries (Food, Non-Alcoholic Beverages and Cleaning Material): 91st

•Healthcare (General Healthcare, Medical and Medical Insurance): 28th

•Household (Rent, Mortgage, Water, Electricity, Household Gas, Household Fuels, Local Rates and Residential Taxes): 5th

•Miscellaneous (Stationary, Linen, General Goods and Services): 32nd

•Personal Care (Personal Care Products and Services): 97th

•Recreation & Culture (Books, Cinema, DVD, Sports Goods etc): 50th

•Restaurants, Meals Out and Hotels: 1st

•Transport (Public Transport, Vehicle Costs, Vehicle Fuel, Vehicle Insurance and Vehicle Maintenance): 159th

The large differences in the ranking of each aspect of cost of living has important implications for people negotiating an expatriate salary in Dubai. Dubai has 3 basket categories that are ranked in the top 5 most expensive places in the world. It would save an expatriate a great deal of money to try and include these items as benefits that are provided by the employer, over and above the salary. Firstly, Dubai is the most expensive place in the world for restaurants, meals out and hotels. Unless these costs are covered to some extent as, for example a paid business expense, eating out will be almost unaffordable to most expatriates. Secondly it would be worth bringing clothing with you from where ever you are based prior to moving to Dubai, as the cost of clothing and footwear is ranked the 4th most expensive place in the world for expatriates. Thirdly and probably most importantly, it is vital that accommodation be negotiated as a provided benefit. The cost of accommodation (rent or mortgage and utilities) in Dubai is ranked 5th most expensive in the world for expatriates. If you were to negotiate an expatriate package that does not include accommodation, you will find a large portion of your salary having to be spent on a house or flat, which will make it very difficult to save money while living in Dubai.

Expatriate Salary Approaches

Cost of living information is used by organisations to establish salary levels for expatriates undertaking international assignments. How the cost of living information is used depends on the pay methodology adopted by the organisation. There are 3 mainstream approaches to establishing salary levels for international assignments, the build-up approach, the salary purchasing power approach, and the cost of living allowance approach.

Salary Build-Up Approach

The build-up approach uses the expatriate’s home salary as the starting point and then builds up the salary package for an international assignment. Typical elements added to the salary are for cost of living differences, hardship differences and exchange rate. Hardship is the relative difference in the quality of living a person and their family are likely to experience.

For example a person earning AUD0 000 in Sydney taking up an assignment in Dubai would have the following build-up:

Base Salary AUD0 000 X COLI X Hardship Premium X Exchange Rate = Assignment Package in US Dollars.

Using Xpatulator a person earning AUD0 000 in Sydney, would earn an assignment package of USD 710 in Dubai.

Salary Purchasing Power Parity (SPPP) Approach

The salary purchasing power parity approach seeks to achieve parity between international locations. What would be the equivalent of a salary in Dubai in other places in the world in terms of purchasing power? We compared purchasing power by comparing salary levels adjusted for cost of living differences, and relative hardship using Xpatulator.

A salary of USD 000 in Dubai is equivalent to:

•USD 980 in Beijing

•USD 812 in Johannesburg

•USD 089 in London

•USD 239 in New Delhi

•USD 533 in Paris France

This means that an organisation with a head office in Dubai, and an international office in New Delhi would pay a position that is paid USD 000 in Dubai, USD 239 in New Delhi in order to achieve the same salary purchasing power in each location.

Cost of Living Allowance (COLA) Approach

Organisations that make use of Cost of Living Allowances (COLA) use cost of living information to determine how much COLA to pay for international assignments. A COLA is an allowance paid to an expatriate to ensure that they are compensated where the cost of living is higher than their home country. Where the cost of living is lower, most organisations do not adjust the salary downwards, they would simply not pay a COLA in such cases. For example of a person earning US 812 in Johannesburg sent on an international assignment to Dubai, they would be paid a COLA as follows:

USD 000 in Dubai less USD 812 in Johannesburg = USD 188 COLA in Dubai

The COLA is paid in addition to the individual’s current salary, for the duration of the international assignment, and is typically reviewed on an annual basis, or when the COLI changes by more than 10%.

Steven McManus has been an Information and Reward Consultant to over 100 organisations for over a decade. Steven runs the most comprehensive global relocation calculator available, an internet service that is used primarily to calculate expatriate salary levels for global assignments, which can be found at http://www.xpatulator.com. This site includes free location overviews, cost of living, and hardship rankings for 228 global cities.

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Entertainment, Restaurants and Bars in Birmingham

August 31st, 2010 by Bank Loan | No Comments | Filed in Forex
GBP
by MarkyBon

Entertainment, Restaurants and Bars in Birmingham

With the exception of two of the city’s theatres, most of the night-life in Birmingham is centred on the Broad Street area, which includes the International Convention Centre, the National Indoor Arena, the Symphony Hall, the Repertory Theatre and the re-furbished Town Hall, not to mention numerous bars and clubs. Not that Birmingham is a ‘one street city’ when it comes to having a night out. The area between Sparkhill, Moseley and Balsall Heath has a national reputation for a particular style of cuisine along with notable Irish and Chinese quarters too.


Bars and Pubs:

In the city centre if you want an evening out in one of the so called ‘drinking palaces’, then head for Broad Street, where as well as the national chains of such pubs and bars you’ll find places like Stoodi Baker’s, which has several rooms ranging from a small and trendy bar to more cavernous rooms complete with dance-floor and professional Go-Go dancers. However, if you step off Broad Street into Brindley Place you enter an area where the pubs and bars have a quieter and more relaxed ambience.


Between Colmore Row and New Street several old banks and commercial premises have been tastefully converted into bars. For example the Old Joint Stock on Temple Row; with balustrades, balconies, chandeliers and the most fantastic front door in the city, gives you the feeling of entering a country club rather than a city bar. Bennetts, on nearby Bennetts Hill, is another former bank turned into a bar. Its plush Regency finish could fool you into thinking you’ve entered a library instead. Both of these bars serve a good selection of beers, lagers and wine as well as some excellent food. With a history dating back to 1821, the Tap and Spile on Gas Street is an old and original pub by the side of the canal. It’s a Free House and serves a good selection of nationally renowned beers and international lagers.


Restaurants:

The so called ‘Balti triangle’ between Sparkhill, Moseley and Balsall Heath is where you’ll find the best of Birmingham’ famed Balti restaurants. The award winning Al Frash, on Ladypool Road in Sparkbrook, is probably the best known of the Balti Houses. Located on Broad street is Birmingham’s favourite Indian restaurant, Shimla Pinks. It claims to be “…the UKs most stylish place to experience Indian cuisine” if you visit it you’ll probably end up agreeing with them. This is no ordinary Indian restaurant to go for a cheap curry, main course prices rise from 15 GBP to 45 GBP a head. The Mailbox has several stylish bars and restaurants, such as Zizzi which serves mainly Italian food. Prices are very reasonable at around 20 GBP a head for a three course meal, Zizzi also has a good selection of reasonably priced wines.


Near the Arcadian Centre in the Chinese Quarter is the Chung Yin on Wrottesley Street. This is the best Chinese restaurant in the city. It specialises in Cantonese cuisine and produces 70 different varieties of dim sum. Chung Yin is popular and always busy, a main course is priced around the 10 GBP mark. Whilst the above restaurants reflect how multi-cultural Birmingham is there are plenty of restaurants offering British and French cuisine. In the city centre two of the places to go are the Berlioz Restaurant in Burlington Arcade and Apres on Summer Row. Brindley Place, behind the ICC and NIA, is very popular with diners going to places such as; Cafe Rouge, Le Petit Blanc, Bank and The Locks. If you’re near the Art Gallery, on Chamberlain Square, during the day time a visit to its Edwardian Tea Room is highly recommended. A large and fancily decorated room with cast iron pillars sets the scene for morning coffee, lunch or afternoon tea in the city.


Entertainment:

Birmingham has three major theatres. The Hippodrome is home to the Royal Ballet and hosts touring drama, musical, ballet and opera productions. Almost half a million people a year visit the Hippodrome making it one of the most popular theatres in the country. The Hippodrome is in the Chinese quarter of the city on Hurst Street. The Alexandra is another theatre that hosts touring productions in Birmingham. On Station Street, just up from New Street, it is smaller than the Hippodrome but still manages to attract the ‘big name’ productions. The theatre is also used by ‘one night stand’ touring music and comedy acts. Originally founded in 1913 the Birmingham Repertory Theatre is one of the best in the country. Right by the Symphony Hall in Centenary Square, it has its own company of players as well as having being used for touring drama productions.


At Millennium Point, Curzon Street, to the south of the city is the Birmingham Imax cinema, which has a five-storey screen. Incorporated into the International Convention Centre (ICC), which amongst other things has hosted the annual Labour party conference, is the Birmingham Symphony Hall. With its world class acoustics and auditorium it is home to the city’s equally famous symphony orchestra, it is also used by touring musicians, bands, singers and orchestras. Not far from the ICC and Symphony Hall is the National Indoor Arena. Built to be the indoor venue for sporting events in the country it is also used by touring bands, musical and comedy productions. Whilst many of the city’s nightclubs are along Broad Street the area around Digbeth to the south of the city also has a tradition of contributing to the city’s nightlife. One such place is the Factory Club on Gibb Street in what is known collectively as the Custard Factory, as once it was. There is also The Sanctuary, which is on Digbeth High Street and has for many years been seen as Birmingham’s premier ‘clubbing’ venue. The top comedy spot in Birmingham is The Glee Club which is in the Arcadian entertainment area not far from the Hippodrome theatre.

Susan Ashby of Birmingham Singles has travelled extensively around the United Kingdom writing articles on each of the major cities. To read more articles on Birmingham or for dating in Birmingham visit http://www.birmingham-singles.co.uk

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What Are the Key Requirements For Becoming a Private Investigator?

August 31st, 2010 by Bank Loan | No Comments | Filed in News
Private financial
by World Economic Forum

What Are the Key Requirements For Becoming a Private Investigator?

If you aim to succeed as a private investigator, there are certain key requirements you will need to meet. In this article I will aim to set out what these are.

1. A businesslike approach

As a private investigator, you will be a freelance business person like any other. That means you will have to keep financial records, advertise and sell your services, and generally fulfill all the duties and responsibilities of anyone setting out in business on their own. This is so important it is worth repeating: however good you are as an investigator, you must be businesslike in all your dealings to succeed.

2. People skills

In the nature of the work, you will frequently be dealing with clients who are in emotional turmoil. They may be upset at the behavior of a deceiving spouse, or angry at an employee who has betrayed their trust. You will need to deal with them tactfully and sympathetically (while always bearing in mind that there are two sides to every sob story).

Equally, the people you are asked to trace or investigate are unlikely to welcome your involvement. You will need to be the kind of person who can stay cool under pressure, ‘think on your feet’, and to be sensitive to the changing dynamics of a tense situation. You will need to be confident, assertive, and able to communicate well — over the phone, in writing, and in person.

3. Patience and persistence

Contrary to the impression sometimes given by movies and TV shows, the life of a PI is not always exciting and glamorous. The best investigators actually have a calm, patient and methodical approach.

Many real-life investigators spend much of their working life doing surveillance in bars and restaurants or from the back of a car. The rest of their time is spent in the office interviewing clients and writing reports, or simply driving around from one appointment to another. The job can have its exciting moments, certainly, but overall being a PI is not an occupation for adrenalin junkies.

Investigators also need to be persistent. Sometimes an eight-hour overnight surveillance will produce no results. At this point the amateur simply gives up. The professional PI shrugs his shoulders and tries again the following night, or comes up with a different approach. The ability to ‘think outside the box’ can come in very handy here.

4. A willingness to learn the skills required

In many respects, private investigation is not something you can learn from a manual. It is not — I imagine — like learning to be a tax inspector, where everything you do is set down in some big book of procedures. In private investigation every case is different, and you will constantly need to apply your initiative and imagination. That, of course, is what makes this profession so endlessly fascinating and challenging.

Nevertheless, there are — of course — procedures to learn and guidelines to follow. If you hope to become a private investigator, it is therefore important to undertake training to prepare yourself. This applies even if you have previously worked in a related field, e.g. the police or private security industry. A good training course should prepare you for any of the huge range of tasks you may be called upon to perform as a professional private investigator. It will also give you the legal knowledge necessary for anyone working in this field.

Mark Gustaffson is the author of the Professional Private Investigator Course from Maple Academy (UK), a leading correspondence course in this field. For more information, see the Maple Academy website at http://www.mapleacademy.com.

Congressman Don Manzullo (R-IL) questions Treasury Secretary Timothy Geithner on the Administration’s dramatic new plan to regulate financial services companies. Manzullo is concerned the plan goes too far and will give the government the power to seize private companies and set executive compensation limits, interfering with our free market system.
Video Rating: 5 / 5

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How do I make Mandarin Chicken, not the one using oranges, but the one in American Chinese restaurants?

August 30th, 2010 by Bank Loan | 1 Comment | Filed in News

Question by moderateprofessor: How do I make Mandarin Chicken, not the one using oranges, but the one in American Chinese restaurants?
I want the one found in American Chinese restaurants, the one that is basically fried chicken with a brown gravy and topped with nuts. I have been living in Japan for 8 years and I want what I know is NOT authentic Chinese food; rather it is something that I ate for years and just enjoyed. Anyone worked in an American Chinese restaurant out there? Please tell me what I need to do to make it at home. I am pretty handy in the kitchen, and living in Japan there’s no end to Asian markets, so I am ready to try.

Best answer:

Answer by ?MÅR?ÞÕ?Å?
mmmmmm

Know better? Leave your own answer in the comments!

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Q&A: what are the crispy white chip like things they sometimes serve at chinese restaurants?

August 30th, 2010 by Bank Loan | 9 Comments | Filed in News

Question by what a drag: what are the crispy white chip like things they sometimes serve at chinese restaurants?
okay i remember sometimes going to chinese restaurants and while you are waiting for your food they give a bowl of white crispy things i think they are served with sweet and sour sauce…i just remember that they seem like they might be puffed rice or something like that…there are a few asian markets around my area and i want to see if i can buy some but i don’t even know what they are called…so if anyone has any idea i would really appreciate it! thanks!

Best answer:

Answer by Hermione
I think they are shrimp chips.

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Japan central bank eases policy as economy falters

August 30th, 2010 by Bank Loan | No Comments | Filed in Loans

Japan central bank eases policy as economy falters
Japan’s central bank further eased monetary policy Monday in response to a strong yen and growing political pressure to take action on a faltering economic recovery.
Read more on AP via Yahoo! Asia News

Loudoun restaurateur sentenced to 12 years in million loan scam on 8 banks
A Loudoun County man who rose from a teenage employee at a Sterling deli to own a string of area restaurants, and who by his own account fraudulently borrowed more than $ 71 million from eight banks, was sentenced Friday to 12 years in prison. Virginia – United States – Loudoun – Counties – Fraud
Read more on Washington Post

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Loudoun restaurateur sentenced to 12 years in $71 million loan scam on 8 banks

August 29th, 2010 by Bank Loan | No Comments | Filed in Bank

Loudoun restaurateur sentenced to 12 years in million loan scam on 8 banks
A Loudoun County man who rose from a teenage employee at a Sterling deli to own a string of area restaurants, and who by his own account fraudulently borrowed more than $ 71 million from eight banks, was sentenced Friday to 12 years in prison.
Read more on Washington Post

Trade With S. Korea Up 50%
29 August 2010 The trade exchange between Iran and South Korea increased above 50 percent during the first 7 months of 2010, South Korea’s Customs Administration reported.
Read more on Zawya

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Where can I find good, traditional Japanese cuisine in Orlando, FL?

August 29th, 2010 by Bank Loan | 1 Comment | Filed in News

Question by defenderMIDI: Where can I find good, traditional Japanese cuisine in Orlando, FL?
I’m looking for good eats in Orlando and know it’s a needle in a haystack situation as far as Japanese cuisine goes. I’ve found some great Asian markets and one excellent sushi restaurant. There are also a few good places to get dim sum but I would love to find a good restaurant serving more Japanese dishes aside from sushi (takoyaki, etc). I can provide the names of the places i’m fond of if you’re interested as well. Does anyone know of such places in Orlando?

Best answer:

Answer by Mike L
Open the yellow book
look for restaurants
The Sacramento SBC book has 25 pages of full color adds..

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Q&A: What is the chili sauce they serve at Thai restaurants called?

August 26th, 2010 by Bank Loan | 3 Comments | Filed in News

Question by Lenore: What is the chili sauce they serve at Thai restaurants called?
When I’m at a Thai restaurant and I want to make my food spicier, the waiter/waitress always brings some crushed red peppers and a little bowl of chili sauce or paste. Does anyone know what the chili sauce is called? It has a wonderfully fresh, sweet flavor. I bought a jar of something that looked similar at an Asian market, but the flavor wasn’t the same at all. Can someone please tell me what to look for? Thanks!
It’s not sriracha. It’s more of a chunky sauce with seeds in it.

Best answer:

Answer by Simone Sisk
It is called Thai Curry. You have to add your own chili peppers.

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