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