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Decline of 9.10 cents per gallon push company earnings down 10% to $88.2 million

LAVAL, Quebec -- For its second quarter, Alimentation Couche-Tard Inc. announced net earnings down almost 10% to $88.2 million, mainly a result of a 9.10-cent-per-gallon decrease in motor-fuel gross margins in the United States, an estimated impact of more than $65 million before income taxes.
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Visit the 24-7 Connect Virtual Tradeshow for the latest product information on the financial services category, including suppliers of financial kiosks, ATMs, check-cashing, phone cards and other financial services for resale.




Thirty industry-related chains among Forbes' Largest Private Companies list

NEW YORK -- Thirty convenience-store and grocery chains were named to Forbes 25th annual listing of America's Largest Private Companies.

Bucker buying unit of bankrupt truckstop operator

OGDEN, Utah -- Flying J. Inc., trying to raise cash to emerge from bankruptcy, has agreed to sell its insurance subsidiary for an undisclosed price, reported The Salt Lake Tribune. The Buckner Co., a Salt Lake City-based insurance brokerage firm, will buy Flying J Insurance Services on January 1, it said.
 
 
11/25/2009
Decline of 9.10 cents per gallon push company earnings down 10% to $88.2 million
11/24/2009
Retail-trade association says the Senate "should go back to the drawing board"
11/24/2009
Thirty industry-related chains among Forbes' Largest Private Companies list
11/23/2009
Leveraging real-estate opportunities, 7-Eleven planning 75 stores in North Texas
11/23/2009
Bucker buying unit of bankrupt truckstop operator
11/20/2009
Nine-store acquisition from PCIS, Ridgerunner follows Green Lantern deal
11/20/2009
Promotion follows sale of Quick Stuff c-stores, pending COO retirement
11/19/2009
Supermarket retailer to grow in U.S. through new formats, including c-stores
11/19/2009
Exec has led Simpsons campaign, private-label rollout, social media push, more
11/18/2009
Buffett's Berkshire Hathaway acquires ExxonMobil stake
11/17/2009
SIGMA committee briefed on unionizing, renewable fuels, gas taxes, credit-card fees
11/17/2009
Includes sale of 164 stations, 339 contracts, to LUKOIL North America
11/16/2009
Additional c-store, station openings, closings, sales from around the country
11/16/2009
Casey's to buy three units in Salina, Kansas, as firm refocuses on other ventures
11/13/2009
Couche-Tard CEO's greatest strength may have been his restraint
11/13/2009
Consumers must opt in to overdraft services
11/12/2009
Joint venture creates larger presence in market to facilitate targeted growth
11/12/2009
Conway Oil sues Couche-Tard for breach of contract over sale of c-stores in N.M.
11/11/2009
"Project See-Store" defines convenience retailing environment
11/10/2009
Iconic oil company puts remaining gas stations on block for 2010 exit

The Cap and Trade Challenge
Steve Cousins discusses the impact of cap-and-trade legislation on refiners.
(Running Time 05:17)

Redefining Refining
Tesoro’s Lynn Westfall addresses the harsh reality facing the refining industry.
(Running Time  05:37)








 




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