Local Focus.(Business)

0 Comments | Daily Herald (Arlington Heights, IL), September, 2001

Hub Group lowers third-quarter forecast LOMBARD - Hub Group Inc. said Wednesday it expects to fall short of the third-quarter consensus earnings per share. Not including a receivable writeoff from a Korean steamship line of $4.7 million, or 36 cents per share, the company expects profit of 18 cents to 22 cents per share.

The primary factors driving the earnings downgrade are a general slowdown in the economy and continued weak sales at its HLX Co. subsidiary. Enesco closes factory, cuts jobs in England ITASCA - Enesco European Giftware Group Ltd. said it will close its Shaddon Mill factory in Carlisle, England, at the end of the month, eliminating abut 45 jobs. The move is part of parent Enesco Group Inc.' s global cost cutting. Shaddon Mill produced a...

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