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JBT's 2008 Revenues Up 5%

Wed, 04 Mar 2009 02:25:40 GMT

JBT Corporation, an Illinois-based technology solutions provider to the food processing and air transportation industries, has reported revenue of $234.5 million for the fourth quarter of 2008, compared to $290.6 million in the same period of 2007.[More...]

BRIEF: John Bean Gets Ground Support Order From China Southern Airlines

Wed, 18 Feb 2009 21:19:00 GMT

Feb. 18--Chicago-based John Bean Technologies Corp. said Wednesday that it was awarded a "major" $6.4 million ground-support equipment order from China Southern Airlines.
The maker of equipment used in food-processing and air transportation industries said the Chinese airline's order calls for JBT to provide cargo loaders as well as pushback and maintenance tow tractors.
JBT, spun off last July from former parent FMC Technologies Inc., said it is "pleased to expand upon our long-term relationship with China Southern."

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Seattle Times Retail Report Column: Everything Party Opens Second Store in Renton

Fri, 24 Oct 2008 17:09:00 GMT

Oct. 24--Twelve years after opening a party-supply store in Redmond, Linda and Mark Potter opened a second Everything Party location last month in Renton.
The married couple ended their search a year and a half ago, when they signed a lease for 9,000 square feet at The Landing, a mixed-use development off Interstate 405 near Boeing's 737 plant.
Linda and Mark Potter opened their first store, then called Confetti Junction, in 1996 after spending a couple years researching the party-supply business, including traveling throughout the country to see how others did it.

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JBT Corporation to Present at Morgan Stanley Conference

Mon, 24 Aug 2009 18:13:00 GMT

JBT Corporation today announced that it will present at the Morgan Stanley Global Industrials Unplugged Conference on September 1st in New York. Representing the Company will be Charlie Cannon, Chairman and Chief Executive Officer, and Ron Mambu, Vice President and Chief Financial Officer.[More...]

JBT Corporation to Present at CJS Securities Conference

Mon, 10 Aug 2009 20:25:00 GMT

JBT Corporation today announced that it will present at the ninth annual CJS Securities 'New Ideas' Small-Cap Investor Conference on August 18th in White Plains, New York. Representing the Company will be Ron Mambu, vice president and chief financial officer.[More...]

JBT Corporation Announces Second Quarter 2009 Earnings Release and Conference Call Schedule

Mon, 20 Jul 2009 20:10:00 GMT

JBT Corporation will report second quarter 2009 financial results after the market closes on Monday, August 3, 2009. A conference call is scheduled for 9:00 a.m. EDT on Tuesday, August 4, 2009. Participants may access the conference call using the following numbers: U.S. and Canada 394-6382[More...]

JBT Corporation Awarded Halvorsen Loader Support Order by the U.S. Air Force

Wed, 08 Jul 2009 20:10:00 GMT

JBT Corporation today announced that the United States Air Force awarded JBT AeroTech a $5.1 million engineering and logistics services order for the Halvorsen 25K Loader. This latest order is for continued worldwide support of the over 400 Halvorsen loaders that JBT AeroTech has delivered to the USAF.[More...]

JBT Corporation Awarded New Airport Services Contract Renewal by Continental Airlines

Mon, 29 Jun 2009 12:56:00 GMT

JBT Corporation announced today that Continental Airlines awarded JBT AeroTech a new seven-year contract to continue providing airport facilities maintenance services, primarily at George Bush Intercontinental Airport , Continental's busiest hub.[More...]

CDC Corporation Generates Adjusted EBITDA Increase of 41 Percent in 2008 and Cash Flow From Operations of (U.S.)$27.1 Million

Mon, 20 Apr 2009 20:48:00 GMT

CDC Corporation (NASDAQ: CHINA), a leading global enterprise software and new media company, today announced financial results for the fourth quarter and full year ended December 31,2008.
In addition, according to Thomson Financial First Call, Wall Street consensus estimates for CDC Corporation's Adjusted EBITDA for the fourth quarter of 2008 were expected to be $4.3 million.
Three Months Ended Three Months Ended Three Months Ended Three Months Ended Year Ended March 31, 2008 June 30, 2008 September 30, 2008 December 31, 2008 December 31, 2008 (a) Reconciliation from GAAP results to Adjusted EBITDA from continuing operations Operating income (loss) from continuing operations $ (7,809 ) $ (5,496 ) $ (238 ) $ (57,881 ) $ (71,424 ) Add back restructuring and other charges 266 2,980 626 50,184 54,056 Add back depreciation expense 1,987 2,421 1,835 2,068 8,311 Add back amortization expense 3,263 3,128 2,859 2,413 11,663 Add back amortization expense included in cost of revenue 4,484 4,554 6,187 7,054 22,279 Add back stock compensation expenses 1,590 1,831 1,937 2,424 7,782 Add back unrealized exchange rate gains (losses) on deferred tax assets - 431 353 2,487 3,271 Subtract capitalized software credit (2,899 ) (2,410 ) (1,204 ) (756 ) (7,269 ) Adjusted EBITDA from continuing operations $ 882 $ 7,439 $ 12,355 $ 7,993 $ 28,669

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JBT Corporation Announces Major AeroTech Order

Fri, 27 Mar 2009 17:42:00 GMT

JBT Corporation today announced that Dublin Airport Authority has awarded a contract for the supply of 19 passenger boarding bridges and associated equipment for its new Terminal 2, Pier E development to JBT AeroTech.[More...]

Zacks Analyst Blog Highlights: Costco, BJ's Wholesale Club, General Motors Corp, JBT Corp and FMC Technologies

Thu, 05 Mar 2009 11:06:00 GMT

Zacks.com announces the list of stocks featured in the Analyst Blog.
Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets.
Stocks recently featured in the blog include: Costco (NASDAQ: COST), BJ's Wholesale Club (NYSE: BJ), General Motors Corp (NYSE: GM), JBT Corp (NYSE: JBT) and FMC Technologies (NYSE: FTI).

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JBT Corporation Announces Award of New Tomato Processing Project in China

Thu, 26 Feb 2009 12:26:00 GMT

JBT Corporation announced today that its JBT FoodTech business was awarded a euro 10.35 million contract to supply tomato processing equipment for a new plant in Ningxia, China. The contract is with COFCO Xinjiang Tunhe Co. Ltd. , Asia's largest and the world's second largest tomato processing enterprise. Tunhe is a subsidiary of COFCO, China's major agricultural trading and food processing enterprise.[More...]

JBT Corporation Declares Quarterly Dividend - Feb 24 2009 6:30PM

Tue, 24 Feb 2009 22:15:00 GMT

JBT Corporation today announced that its Board of Directors has declared its first quarter 2009 cash dividend of $0.07 per share of outstanding common stock. The dividend will be payable on March 27, 2009 to stockholders of record at the close of business on March 6, 2009.[More...]