On March 1, 2010, SP issued a press release to say that SP has hired a new “Group Managing Director.” (see below). The name of the new guy is “Tony” Foley. When I checked Service Point’s corporate (Spain) web-site and hit the tab for the “management team” and the tab for the “board of directors”,…

I just noticed, this morning, that Service Point, I guess very recently, issued a press release covering its 2009 full-year sales and earnings….. You can find that press release at this web address: http://www.servicepoint.net/es/press/docs/PR-SPS%20Results2009.pdf The lack of transparency in Spain-based, public-company-reporting continues to be very interesting. SP’s press release does not mention anything specifically about…

Hmmmm, Economists estimated that sales of new single family homes would rise 3.8% in January. But, sales did not rise, they declined. And, at -11.2%, the decline was significant. So much for our so-called expert economists. (Where is my crystal ball?; I think I should loan it out.) As reported in the Wall Street Journal…

Regarding the previous post ….. I just went to http://www.pleaseactaccordingly.com and saw that they, in a post on their site in late January, hit both nails right on the head. Amazing. They estimated that ARC’s Q42009 sales would come in at $111.7 million. And, that’s what ARC’s sales came in at. They estimated that ARC’s…

Okay, ARC released its Q4 2009 and Full Year 2009 results this afternoon (Feb 23, 2010.) Let’s see how my estimates compared to “reality” (even though reality is something I never claim to be aware of). In the post I did in late January, I estimated that ARC’s Q4 2009 Sales would come in at…

From Reed Construction DataJanuary’s Construction Starts Rise Led by Commercial ProjectsFebruary 22, 2010 – Jim Haughey The value of construction starts increased 4% in January after a weak December in spite of continuing unseasonably poor construction weather. Starts were 25% higher than in the previous January. Job-site construction spending fell 10% since last January. Interpret…

Here’s the internet address of the most recent article (Jan 29, 2010) authored by Kermit Baker about (depressing) conditions in the U.S. Architecture industry: http://www.aia.org/practicing/AIAB082184

Okay, it’s “SWAEG” time –for ARC’s Q4 2009 results!(“SWAEG” stands for “silly-wild-ass-EDUCATED-guess.”) In November, when I posted my “guess” at ARC’s Q3 2009 Sales and EPS; – I guessed that ARC’s Q3 2009 Sales would be $118.0 million.And, ARC’s actual reported Q3 2009 Sales ended up being $119.4 million. – and, in spite of the…

Another (different) blog visitor posted a comment under a post I did on January 27th, and, in addition to making comments, he asked a few questions. Since his questions were thought provoking, I’m going to respond to the questions he asked. Since I don’t work for ARC, the responses I’m going to give, below, are,…

There are few sources for meaningful or up-to-date information about the reprographics industry; two that come readily to mind are http://www.irga.com and http://www.wide-formatimaging.com As to IRGA publications, if you are involved in the reprographics industry – especially the A/E/C services part of the industry, you should be an IRGA member, as that would give you…