Word: sales
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Even now, it's not all wine and roses. Vintage Wine Trust, a private REIT formed in San Rafael, Calif., in January 2005, is already looking at alternatives to taking the company public. Chief financial officer Tamara Fischer says finding buyout targets and persuading wineries to sell through sale-leasebacks have been tougher than expected. "We thought we'd have $300 million invested in 18 months," she says. "But at 28 months, we only have $165 million...
...industry that solved the problem. Just look at the press releases. Company A is going to cut greenhouse-gas emissions 10% by 2015. Company B will hit 15% by 2020. Company C will soon reach the Nirvana of carbon neutrality. It's like a post-Christmas-day sale, and all carbon dioxide must...
...little for the Rockies, who tried to compensate by loading up on sluggers and pitchers. One colossal mistake: signing two gimpy pitchers in 2000 for $172 million. Come 2002, the Monforts were in trouble. Rumors of bankruptcy or a fire sale abounded amid a multimillion-dollar cash call from the other partners...
...odds with the packaged cookies tempting visitors at the reception desk. More delicious cookies are waiting in the conference room. But, says Laurent Sacchi, Danone's senior vice president of communications, eyeing one of the cookie packets, these are the last of the stock. "Once the sale goes through, I don't think you'll see these anymore," he says...
...narrowed its activities to fresh dairy products, bottled water--and cookies. "In a long history of disposals, this we suspect was the final major divestment that leaves Danone fully focused on the growing health-oriented markets," says Charlie Mills, an analyst at Credit Suisse, of the July sale of the cookie business, which included household names like LU and Prince and made up 15.6% of the company's total sales...