On Tuesday March 18, 2008 ELM Technologies (OTC: ETGS | news | PowerRating | PR Charts ) has tested and approved the latest version of GENERATOR(TM) Workforce Modeling/Scheduling solution. The 4.6 version of the robust online workforce modeling, scheduling and staffing system includes the addition of product features and enhancements to address employee shift swapping, posting/filling of open shifts by employees and daily staffing management. The ability for employees to swap shifts through the Employee Portal, pending the approval of their supervisor, increases employee satisfaction levels, and reduces both supervisor time coordinating swaps and employee no-shows.
Cintas Corporation (NASDAQ: CTAS | news | PowerRating | PR Charts ) reported on Wednesday March 19, 2008 revenue for the third quarter of fiscal 2008 of $976.0 million, a 7.8% increase from the previous year's third quarter revenue of $905.4 million. Net income increased 6.6% to $81.8 million as compared to $76.7 million in last year's third quarter. Earnings per diluted share were $0.53, a 10.4% increase over the $0.48 per diluted share achieved in last year's third quarter. Higher energy costs, particularly in delivery fuel, caused gross margins to be pressured.
The managing director of global auctions at Sotheby's (NYSE: BID) sold 4,183 shares of common stock, according to a Securities and Exchange Commission filing on Tuesday March 18,2008. In a Form 4 filed with the SEC, Daryl Wickstrom reported he sold the shares Monday for $25.56 to $25.57 apiece. Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.
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