Delivery Technology Solutions, Inc. (PINK SHEETS:DTSL) and its subsidiary Universal Delivery Solutions, Inc. have been chosen by one of the world’s largest technology and hardware companies to feed legions of personnel at the nation’s largest electronics chain in a dramatic catering event on “Black Friday,” November 26, 2010.
“On the day after Thanksgiving, in the retail world, it is Black Friday,” said UDS CEO Ryan Coblin, “and you have to feed the troops to maintain their high energy level. At 888-SUB-TO-GO we are delighted to provide the technology and skilled personnel to manage such a giant catering event smoothly and seamlessly.”
888-SUB-TO-GO is the Corporate Catering trade name for a service that manages large and complex orders on a national basis. Corporate customers place their orders through 888-SUB-TO-GO. The in-house UDS Call Center communicates all of the catering order details with the individual franchisees through its proprietary technology platform. The franchisee restaurant that fulfills the catering order is contacted repeatedly to assure the order is delivered properly and on time.
The big “Black Friday” event will take place in four time zones at each location where sandwich platters and cookie platters will be served to technology department staff members on their busiest retail day of the year. Each platter has a mix of various sandwiches to satisfy a wide range of tastes and regional preferences.
Delivery Technology Solutions, Inc. is the leader in providing comprehensive custom-developed catering/delivery solutions to industries throughout North America, including restaurants, retail and others. The company’s solutions offer a seamless system that integrates Customer Relationship Management (CRM) and Call Center IT services through a proprietary technology backbone to offer convenience, consistent quality, flexibility, accountability and value for consumers and companies.
East West Bancorp (Nasdaq: EWBC) will announce third quarter 2010 earnings to the public on Tuesday, October 26, 2010 at 8:30 A.M. PT/ 11:30 A.M. ET via the Company�s live quarterly earnings conference call. The public and investment community are invited to listen as management discusses third quarter results and operating developments.
East West Bancorp is a publicly owned company with $20.0 billion in assets and is traded on the Nasdaq Global Select Market under the symbol �EWBC�. The Company�s wholly owned subsidiary, East West Bank, is one of the largest independent commercial banks headquartered in California with over 130 locations worldwide, including the U.S. markets of California, New York, Georgia, Massachusetts, Texas and Washington. In Greater China, East West�s presence includes a full service branch in Hong Kong and representative offices in Beijing, Shanghai, Shenzhen and Taipei. Through a wholly-owned subsidiary bank, East West�s presence in Greater China also includes full service branches in Shanghai and Shantou and representative offices in Beijing and Guangzhou.
Eastern Light Capital, Incorporated (NYSE Amex: ELC), a specialty lender organized as a real estate investment trust (“REIT”), confirmed that a Special Shareholder meeting will be scheduled in the fourth quarter of 2010. The Special Shareholder meeting will seek both common and preferred share approval to amend the Company’s charter to modify the terms of the Series A Preferred Stock and to exchange the Series A Preferred Shares into common shares. The proposal will require sixty six and two thirds percent approval of the outstanding preferred shares and a majority of the outstanding common shares to become effective. The proposed exchange will convert each Series A Preferred Share into 1.25 common shares. Partial shares will not be issued, but will settle for cash. Additional information will be forthcoming, filed with the Securities and Exchange Commission and distributed to shareholders. Shareholders of record as of October 14, 2010 will be entitled to vote on the proposal. The meeting will be held at the Company’s San Francisco, California headquarters.
ELC is a specialty lender, organized as a REIT. Prior to 2007, the Company originated and invested in non-conforming, high yielding residential loans. In 2007 new management was installed, the Company eliminated the origination and investment in mortgage loans and focused on repaying debt and monetizing its existing loans and foreclosed properties. The Company’s future investment plans include retaining its REIT status and investing in existing, leased, commercial properties utilizing limited leverage. The conversion of preferred shares into common shares will simplify the capital structure and may allow the Company to raise additional equity to implement the new business model, restore profitability, utilize its net operating loss carry forward and reinstate a sustainable dividend in 2011.
Eastern Virginia Bankshares (NASDAQ:EVBS), parent company to banking subsidiary EVB, announces the consolidation of two retail banking offices in King William County.
Eastern Virginia Bankshares, based in Tappahannock, is the parent company of EVB. It has $1.0936 billion in assets and operates branches in the counties of Caroline, Essex, Gloucester, Hanover, Henrico, King William, Lancaster, Middlesex, New Kent, Northumberland, Southampton, Surry and Sussex and the City of Colonial Heights. Other subsidiaries include EVB Investments, EVB Mortgage, EVB Insurance, and EVB Title.
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