“Movers roundup: Youbet.com, PerkinElmer - WTOP Radio” plus 4 more

Movers roundup: Youbet.com, PerkinElmer - WTOP Radio
Jobs Now” coming to community colleges - WNCT
Sears' Heroes at Home Spring Campaign Raises $2.1 Million for ... - PR Newswire
AutoZone shares slip as analyst downgrades - WTOP Radio
Movers roundup: Youbet.com shares fall on 2Q results, PerkinElmer ... - Orlando Sentinel

Movers roundup: Youbet.com, PerkinElmer - WTOP Radio

Posted: 13 Aug 2009 11:29 AM PDT

(AP) - Among the stock activity stories for Thursday, Aug. 13, from AP Financial News:

SAN FRANCISCO (AP) _ Shares of Youbet.com Inc. fell after the online horse racing and betting company reported its second-quarter earnings sank 28 percent _ missing analyst expectations and providing another indication the gambling industry is still hurting from lower consumer spending during the recession.

NEW YORK (AP) _ Shares of PerkinElmer Inc. traded higher after an analyst upgraded the stock, saying its price, and Wall Street expectations, have fallen to more reasonable levels in the last two weeks.

NEW YORK (AP) _ Shares of AutoZone Inc. declined after an analyst downgraded the auto parts retailer, saying the do-it-yourself car repair business is showing signs of slowing.

NEW YORK (AP) _ Military radio maker Harris Corp. shares surged after an analyst upgraded the stock on growing evidence that sales to the Pentagon will increase.

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Jobs Now” coming to community colleges - WNCT

Posted: 13 Aug 2009 01:45 PM PDT

By Amy Kibler
Six & Special Projects Producer
Published: August 13, 2009

Community colleges in our state are launching a new quick job initiative.

Nearly all of the state's 58 community colleges are planning to implement "Jobs Now" programs where people can get job training courses to complete in six months or less.

The schools are using federal recovery funds to train people in a dozen high-demand fields like plumbing, carpentry and auto body repair.

Some colleges have already started the program. The rest hope to begin by the end of the year.

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Sears' Heroes at Home Spring Campaign Raises $2.1 Million for ... - PR Newswire

Posted: 13 Aug 2009 11:58 AM PDT

Three-Year Fundraising Campaign By One of the Nation's Leading Retailers reaches nearly $9 Million To Provide Substantial Home Renovations for America's Military Families and Veterans

WASHINGTON, Aug. 13 /PRNewswire-USNewswire/ -- Celebrating its 3rd Spring campaign, the Sears Heroes at Home program raised more than two million dollars in support of Rebuilding Together, to improve the lives of American military families in need by making necessary repairs, improvements or modifications to their homes. The total for the three-year effort by Sears has exceeded $8.9 million for Rebuilding Together's Veterans Housing program.

(Logo: http://www.newscom.com/cgi-bin/prnh/20090421/REBUILDINGLOGO )

"Rebuilding Together has been our core nonprofit partner with the Heroes at Home program," said Don Hamblen, VP and Chief Marketing Office, Sears Holdings. Continued Hamblen, "Heroes at Home embodies the Sears culture of giving back, we salute the millions of loyal Sears customers who have contributed to the success of this campaign, they have made a significant difference in the lives of hundreds of our troops."

Sears' Heroes at Home program provides support to service members, veterans and their families through joint efforts with various nonprofit organizations, including Rebuilding Together. Heroes at Home and Rebuilding Together have helped hundreds of military families - more than 460 homes have been rebuilt across America and the commitment continues in 2009 and beyond.

"Sears has shown enormous commitment to our troops with Heroes at Home which continues year after year to serve our nation's men and women in uniform upon their return to domestic soil," said Gary. A. Officer, President & CEO, Rebuilding Together. "Heroes at Home has met with unprecedented success as Sears once again stands out as a model of corporate leadership committed to the needs and values of their customers and the communities in which we live."

To find out more about Heroes at Home, or to nominate a military family or veteran to the home renovation program through Rebuilding Together, visit http://www.sears.com/heroesthome. Sears Holdings' ongoing commitment to assisting troops and their families includes several recruiting and employment programs. The company offers a military pay differential to Sears associates employed (full time) who are reservists serving on active duty. Additionally, reservists who are employed full-time are allowed to continue participating in life insurance, medical and dental programs.

About Sears Holdings Corporation:

Sears Holdings Corporation is the nation's fifth largest broadline retailer with approximately 3,900 full-line and specialty retail stores in the United States and Canada. Sears Holdings is the leading home appliance retailer as well as a leader in tools, lawn and garden, home electronics and automotive repair and maintenance. Key proprietary brands include Kenmore, Craftsman and DieHard, and a broad apparel offering, including such well-known labels as Lands' End, Jaclyn Smith and Joe Boxer, as well as the Apostrophe and Covington brands. It also has Martha Stewart Everyday products, which are offered exclusively in the U.S. by Kmart. We are the nation's largest provider of home services, with more than 12 million service calls made annually. Sears Holdings Corporation operates through its subsidiaries, including Sears, Roebuck and Co. and Kmart Corporation. For more information, visit Sears Holdings' website at www.searsholdings.com.

About Rebuilding Together:

Rebuilding Together is the nation's largest nonprofit organization working to preserve affordable homeownership and revitalize neighborhoods by providing home repair and renovation services free of charge to those in need. Through the support of corporate sponsors, local businesses and the hands-on work of over 200,000 volunteers led by more than 200 affiliates, Rebuilding Together renovates and repairs nearly 10,000 homes and nonprofit facilities annually.

In addition to its core home repair work, Rebuilding Together renovates community centers and conducts home modification and repair programs that focus on elder home safety, energy efficiency, veterans housing, and gulf coast recovery. For more information, visit www.RebuildingTogether.org.

SOURCE Rebuilding Together

Website: http://www.rebuildingtogether.org

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AutoZone shares slip as analyst downgrades - WTOP Radio

Posted: 13 Aug 2009 07:47 AM PDT

NEW YORK (AP) - Shares of AutoZone Inc. declined Thursday after an analyst downgraded the auto parts retailer, saying the do-it-yourself car repair business is showing signs of slowing.

The stock fell $7.16, or 4.8 percent, to $141.33 in morning trading.

Wedbush Morgan analyst Camilo Lyon cut AutoZone to "Underperform" from "Neutral" in a note to investors on Thursday. Lyon said 84 percent of AutoZone's business comes from customers looking to repair their own vehicles, a business segment that is starting to slow down.

The analyst also cut AutoZone's price target to $142 from $170, implying a decline of 4.4 percent from the stock's Wednesday close of $148.49.

Lyon said Wednesday's second-quarter results at rival Advance Auto Parts Inc. could prove "a harbinger of what AutoZone could produce." Advance Auto Parts posted just a 0.7 percent year-over-year increase in its do-it-yourself business. That signals AutoZone is likely to report "flattish" year-over-year results among do-it-yourselfers, the analyst said.

"We continue to view AutoZone's management team as solid operators and formidable competitors ... however we believe the shares have limited upside potential given their exposure to the DIY segment," Lyon wrote.

The Memphis, Tenn.-based company is scheduled to report fiscal fourth-quarter results on Sept. 21.

Shares of AutoZone have traded between $84.66 and $169.98 in the last 52 weeks. The stock is up 6.5 percent so far this year.