Sempra Energy Q2 2009 Earnings Call Transcript

The News Review:

- Sempra Energy Q2 2009 Earnings Call Transcript
- Trip was short expensive
- A season to churn churn churn

Sempra Energy Q2 2009 Earnings Call Transcript
Seeking Alpha
As you know they involve risks uncertainties and assumptions so future results may differ materially from those expressed on our call. These risks uncertainties and assumptions are described at the bottom of today?s press release and are further discussed in the company?s reports filed with the Securities and Exchange Commission. It is also important to note that all the earnings per share amounts in our presentation this morning are shown on a diluted basis. With that I?d now like to turn it over to Don who will begin with slide three. Don FelsingerThank you for joining us. Earlier this morning we reported second quarter earnings of $198 million or $0. 80 per share compared with $244 million or $0.

Trip was short expensive
The Free Lance-Star
The fact that Metro Van Lines gave the Baileys an estimate over the phone should have been the Baileys’ first clue that something was amiss said John Bisney spokesman for the American Moving & Storage Association in Alexandria. There is no way a mover can accurately tell how much needs to be moved what it weighs and any obstacles including stairs and narrow hallways movers will face he said. Companies such as Stafford County-based Hilldrup Moving & Storage which has earned the AMSA’s new ProMover status sends a certified salesperson to a customer’s house to survey it and their belongings said Russ Watson Hilldrup’s senior vice president. They punch the information into a handheld device that calculates costs then give the customer a binding estimate. “They could pay less but they’re not going to pay more” he said. Jessi Rosen a Metro Van Lines supervisor said the Baileys were given a revised estimate prior to the move and the original was voided once Heather Bailey signed it. But Bailey said that while his wife was given a form to sign at the start of the move the charges were left blank.

A season to churn churn churn
Boston Globe
“We never wanted to be the biggest. But we want to be the best. ’’Although they use machines to pack the butter Patry and his sons still fold the large storage boxes by hand and deliver the butter themselves to supermarket warehouses across the region. It takes just days from the farm to the grocery store shelves. Kate’s fresh fulfilling taste helped win it first place at last fall’s World Dairy Expo in Wisconsin: Its unsalted butter earned a score of 98. 8 out of a possible 100 points beating out industry giants like Land ’Lakes. “It was like David and Goliath.
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