Cantor Fitzgerald initiates coverage on Martek Biosciences (Nasdaq: MATK) with a Buy rating. Price target $33.
Cantor analyst says, "We think Martek has entered a dynamic growth phase with a five-year revenue CAGR of 18%, increasing gross margins and EPS up 63% yoy. We expect this financial trend to continue as new packaged food/beverage products fortified with Martek's omega-3 DHA oil launch into a market that increasingly understands/looks for functionally/nutritionally enhanced foods — a business we think is recession-proof. Martek is uniquely positioned in the DHA market, in our view, as the global provider of DHA derived from its proprietary algal technology production process that yields nearly odorless/colorless DHA — a significant advantage for packaged food/beverage companies — and importantly, a fully controlled production process under cGMP, a long-term advantage, we think, as the "Obama effect" impacts food regulation and safety...We expect 25% yoy earnings growth underpinned by increasing revenue with accelerating gross margins as production increases in combination with ongoing biomanufacturing process optimization — a key advantage of biotechnology platform technologies — that we anticipate will translate into solid appreciation of MATK."
Saturday, March 28, 2009
Dubose, Wright take new positions at WTC
Williamsburg Technical College employees Cheryl Dubose and Alexis Wright recently accepted new positions with the College.
Dubose, a Florence resident, moved from a position in accounts receivable in the college’s business office to the admissions office, where she serves as student development counselor. She received an associate’s from Williamsburg Technical College, a bachelor’s from Limestone College and a master’s from Walden University.
Wright, a Trio resident, was admissions director and is now director of enrollment and records services. She received an associate’s from Williamsburg Technical College, a bachelor’s from Limestone College and a master’s from the University of Maryland.
Dubose, a Florence resident, moved from a position in accounts receivable in the college’s business office to the admissions office, where she serves as student development counselor. She received an associate’s from Williamsburg Technical College, a bachelor’s from Limestone College and a master’s from Walden University.
Wright, a Trio resident, was admissions director and is now director of enrollment and records services. She received an associate’s from Williamsburg Technical College, a bachelor’s from Limestone College and a master’s from the University of Maryland.
Scott's Bar-B-Q to hold annual picnic
In spite of the nation’s tough economic times, a local tradition carries on. On Saturday, April 11, 2009, The Scott family, of Scott’s Bar-B-Que in Hemingway , SC , is showing appreciation to customers and the community in a big way. The family owned business is serving free home-cooked food with lemonade, music and more.
The Scott’s Bar-B-Que Easter Picnic is an annual appreciation event in Hemingway and has been for nearly a decade. It has grown so large that The Scotts now schedule their own family reunion to coincide with the event. They do this ensure that there are enough hands on deck to serve the community and to make certain that the legacy of giving back passes down to younger generations. This event is fun for all ages!
Scott’s Bar-B-Que is on Hwy 261 at Brunson Crossing just west of Hemingway. Food will be served from 3 p.m. until the food is gone.For more information contact Rodney Scott, pitmaster, at 843-558-0134 or rodneyscottbbq@yahoo.com
The Scott’s Bar-B-Que Easter Picnic is an annual appreciation event in Hemingway and has been for nearly a decade. It has grown so large that The Scotts now schedule their own family reunion to coincide with the event. They do this ensure that there are enough hands on deck to serve the community and to make certain that the legacy of giving back passes down to younger generations. This event is fun for all ages!
Scott’s Bar-B-Que is on Hwy 261 at Brunson Crossing just west of Hemingway. Food will be served from 3 p.m. until the food is gone.For more information contact Rodney Scott, pitmaster, at 843-558-0134 or rodneyscottbbq@yahoo.com
'07 Tupperware Fire: A case study
The NFPA Journal in their March/April issue uses the December 2007 warehouse fire at Tupperware in Hemingway as a case study for the problems in fire control in large storage facilities. The article is very insightful on the actions taken to save the building. It also gives strategies to prevent future fires like that one.
Tuesday, March 24, 2009
Kiwi reporter visits Williamsburg County
Last weekend, during Rep. Clyburn visit, our fair county was visited by Rosalea Barker, a reporter from New Zealand. It is interesting to see how someone from the outside views us. Read her piece at Scoop Independent News
Tuesday, March 17, 2009
Restaurant Review: Frances Calhoun
Kingstree has a new sandwich shop - Frances Calhoun owned by Wendy Morris. The restaurant is located in the old Dubin's Men Shop building at 109 N. Academy Street. Their menu consists of classics like chicken salad, the Dubin Reuben and mix and match meat, bread, & cheese combinations.
The lunch I had there was great from a sandwich lovers perspective. It was salami and ham on fresh rye bread served with a side of potato salad and a chocolate chip cookie for desert. Add a soda and the combination came out to $6.95 plus tip.
In February, Frances Calhoun was awarded the Williamsburg Hometown Chamber's Image Award for the work Ms. Morris did the building. By bringing back a local business landmark, an award is a small token of apprecitiation.
2009 South Carolina BBQ-Shag Festival
Hemingway will host their 21st Annual South Carolina BBQ-Shag Festival from April 23-25, 2009. The festivities include BBQ cookoff, beach music for shagging, kids rides, car show, and fireworks.
For more festival information call Dennis Miles at 843-344-2527 or Brooke Cockfield at 843-344-2884, or Brenda Sessions at 843-621-8023.
For more festival information call Dennis Miles at 843-344-2527 or Brooke Cockfield at 843-344-2884, or Brenda Sessions at 843-621-8023.
Saturday, March 14, 2009
Restaurant Review: Scott's BBQ
I love to try new things, especially food. One might say I am a foodie. In an effort to try something new, I stopped at Brunson's Crossroads outside of Hemingway recently to try a BBQ joint I had heard about - Scott's BBQ.
I went inside this country store and waited in line to get their wares, one pound of pulled pork BBQ and a barbecued chicken half. Unique for the area, the sauce was added after my order and to the quantity wanted.
My family loved the pulled pork with a heavy peppered and smokey taste. We were sampling another stores pork bbq, Scott's was gone and 3/4 of the other restaurants was left (we won't mention their name - Mother always said ,"if you can't say something nice....). It is definitely worth another pound or two in the future.
The half chicken looked and smelled great. The sauce was also applied at purchase. The chicken was well cooked but lack flavor withouth the skin. Not knowing if we were expecting great chicken like the pork or it just lacked flavor - we felt let down by the chicken half. Do not get me wrong, the chicken was good it just wasn't great like the pork.
Scott's BBQ is known outside of our area. A couple good Ol' Boys from Birmingham Southern College wrote about them (for college credit) in a 17 day BBQ Odysey. Their remarks will bring more people seeking their great pulled pork.
I went inside this country store and waited in line to get their wares, one pound of pulled pork BBQ and a barbecued chicken half. Unique for the area, the sauce was added after my order and to the quantity wanted.
My family loved the pulled pork with a heavy peppered and smokey taste. We were sampling another stores pork bbq, Scott's was gone and 3/4 of the other restaurants was left (we won't mention their name - Mother always said ,"if you can't say something nice....). It is definitely worth another pound or two in the future.
The half chicken looked and smelled great. The sauce was also applied at purchase. The chicken was well cooked but lack flavor withouth the skin. Not knowing if we were expecting great chicken like the pork or it just lacked flavor - we felt let down by the chicken half. Do not get me wrong, the chicken was good it just wasn't great like the pork.
Scott's BBQ is known outside of our area. A couple good Ol' Boys from Birmingham Southern College wrote about them (for college credit) in a 17 day BBQ Odysey. Their remarks will bring more people seeking their great pulled pork.
Cottingham's Endow Williamsburg Tech Scholarship
Williamsburg Technical College recently received a scholarship donation from Dr. Walter and Beth Cottingham of Kingstree.
The $10,000 donation will endow the Walter C. and Elizabeth D. Cottingham Scholarship at the College. Criteria will be defined and the scholarship will be awarded as soon as sufficient interest accrual is realized.
“Williamsburg Tech is doing a great service to our community,” Dr. Cottingham said in a press release issued by the college. “With all of the cutbacks in state funds, tuition is all but unaffordable, and many can’t afford to go away to the four-year institutions. If we don’t educate our young people, we’re in trouble. Education is the answer to success in our county.”
Dr. Cottingham said he realizes the importance of an education because of his own experience of working his way through college. He said he and his wife are pleased to be able to offer assistance to deserving students who may also be working their way through college.
Scholarship gifts at Williamsburg Technical College are categorized in three ways. Gifts up to $1,000 become part of the General Scholarship Fund and will be awarded to eligible students as determined by the College scholarship committee. Gifts of $1,000 or more will be given in the name, honor, or memory designated by the donor or in the name of the donating organization, business or other entity. These scholarships are given each year as funded by the donor. A gift of $10,000 or more will endow a scholarship to be given in perpetuity in the name, honor, or memory of the donor. The scholarship is derived from the interest accrued on the donated amount, which must be earned before the scholarship is awarded.
Gifts made payable to the Williamsburg Technical College Foundation, a not-for-profit organization, are tax-deductible.
For information on participating in the Williamsburg Technical College Foundation Campaign for Educational Enrichment, call (843) 355-4121 or visit the college’s Office of Public Relations and Development.
The $10,000 donation will endow the Walter C. and Elizabeth D. Cottingham Scholarship at the College. Criteria will be defined and the scholarship will be awarded as soon as sufficient interest accrual is realized.
“Williamsburg Tech is doing a great service to our community,” Dr. Cottingham said in a press release issued by the college. “With all of the cutbacks in state funds, tuition is all but unaffordable, and many can’t afford to go away to the four-year institutions. If we don’t educate our young people, we’re in trouble. Education is the answer to success in our county.”
Dr. Cottingham said he realizes the importance of an education because of his own experience of working his way through college. He said he and his wife are pleased to be able to offer assistance to deserving students who may also be working their way through college.
Scholarship gifts at Williamsburg Technical College are categorized in three ways. Gifts up to $1,000 become part of the General Scholarship Fund and will be awarded to eligible students as determined by the College scholarship committee. Gifts of $1,000 or more will be given in the name, honor, or memory designated by the donor or in the name of the donating organization, business or other entity. These scholarships are given each year as funded by the donor. A gift of $10,000 or more will endow a scholarship to be given in perpetuity in the name, honor, or memory of the donor. The scholarship is derived from the interest accrued on the donated amount, which must be earned before the scholarship is awarded.
Gifts made payable to the Williamsburg Technical College Foundation, a not-for-profit organization, are tax-deductible.
For information on participating in the Williamsburg Technical College Foundation Campaign for Educational Enrichment, call (843) 355-4121 or visit the college’s Office of Public Relations and Development.
Meth Lab Remnants found in Kingstree
The Florence Morning News reports a maintenance worker discovered meth lab paraphernalia at home and quickly called the police. No drugs were found . The location was not released because the home is part of an ongoing investigation.
Martek Announces First Quarter 2009 Financial Results
Martek recently released their unaudited results from the first quarter of 2009. Despite the economic conditions they made a profit, grew their shareholder equity, and increased their earnings per share. Read their results here.
Murder in Hemingway
Williamsburg County investigators say they are trying to figure out who killed a woman in her Hemingway home.
Deputies say Cora Brown's body was found Thursday night by her brother, who forced his way inside her house after his family had not heard from her for several days.
Authorities say Brown had been shot several times.
Investigators say they have several leads, but have not named a suspect.
Deputies say Cora Brown's body was found Thursday night by her brother, who forced his way inside her house after his family had not heard from her for several days.
Authorities say Brown had been shot several times.
Investigators say they have several leads, but have not named a suspect.
Tuesday, March 3, 2009
County High School Football Coach Pay
The State newspaper has a database listing the salaries for all of the high school football coaches across the state. The three from Williamsburg county were :
- Wilbert Lampkin - Kingstree High School - $69,799.00
- Ken Cribb - Hemingway High School - $63,441.00
- Darren Mazyck - CE Murray - $33,428
These are not bad compared to other areas in South Carolina.
One other salary of note:
- John McKissick - Summerville High School - $86,400
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