Coming Soon (Again) To The Big Board: Sunoco

English: Sunoco Logo (Photo credit: Wikipedia)

Sunoco’s storied name, absent from the New York Stock Exchange since the Philadelphia company was acquired by a Dallas energy firm in 2012, will return to the Big Board this year.

Energy Transfer Partners L.P. (ETP), a Dallas pipeline company that became Sunoco Inc.’s parent company two years ago, announced Thursday night that it will give its recently acquired Texas convenience-store company, Susser Petroleum Partners, a new name that is kind of an old one – Sunoco L.P.

The new Sunoco L.P., which will trade under the ticker symbol SUN, will eventually become the corporate umbrella for ETP’s growing portfolio of fuel stations and convenience stores, including Sunoco Inc. ETP had said it intended to drop its retail assets into the Susser partnership when it announced the $1.8 billion acquisition in April.

Read more at http://www.philly.com/philly/business/20140927_Coming_soon__again__to_the_Big_Board__Sunoco.html#D5YWhWdiMwxH7yS5.99

Neiman Marcus Is Latest Victim Of Security Breach

NEW YORK—Luxury merchant Neiman Marcus confirmed Saturday that thieves may have stolen customers’ credit and debit card information and made unauthorized charges over the holiday season, becoming the second retailer in recent weeks to announce it had fallen victim to a cyber-security attack.

The hacking, coming weeks after Target Corp. revealed its own breach, underscores the increasing challenges that merchants have in thwarting security breaches.

Ginger Reeder, spokeswoman for Dallas-based Neiman Marcus Group Ltd., said in an email Saturday that the retailer had been notified in mid-December by its credit card processor about potentially unauthorized payment activity following customer purchases at stores. On Jan. 1, a forensics firm confirmed evidence that the upscale retailer was a victim of a criminal cyber-security intrusion and that some customers’ cards were possibly compromised as a result.

Read more: http://www.ydr.com/nation-world/ci_24891807/neiman-marcus-is-victim-cyber-security-attack

Official: 10 Hurt As Landing Gear Collapses At LaGuardia Airport

An aerial view of LaGuardia Airport (Photo credit: Wikipedia)

NEW YORK — The front landing gear of a flight arriving at New York’s LaGuardia Airport collapsed Monday right after the plane touched down on the runway, officials said, sending the aircraft skidding before it came to a halt.

Ten passengers were treated at the scene, with six being taken to a hospital with minor injuries, said Thomas Bosco, Acting Director of Aviation for the Port Authority of New York and New Jersey, which oversees the area airports.  The six crew members were taken to another hospital for observation.

Dallas-based Southwest said there were 150 people on Flight 345 coming from Nashville, Tenn., while the Port Authority said the total was 149.

Bosco said the nose gear of the plane collapsed when it landed at 5:40 p.m., and “the aircraft skidded down the runway on its nose and then veered off and came to rest in the grass area.”

Read more:  http://www.timesleader.com/news/news/696742/Official:-10-hurt-as-landing-gear-collapses-at-NYC

Of Big Cities, Philadelphia Worst For People In Deep Poverty

Philadelphia has the highest rate of deep poverty – people with incomes below half of the poverty line – of any of the nation’s 10 most populous cities.

The annual salary for a single person at half the poverty line is around $5,700; for a family of four, it’s around $11,700.

Philadelphia’s deep-poverty rate is 12.9 percent, or around 200,000 people.

Phoenix, Chicago, and Dallas are the nearest to Philadelphia, with deep-poverty rates of more than 10 percent.

Read more:  http://www.philly.com/philly/news/20130319_Of_big_cities__Phila__worst_for_people_in_deep_poverty.html

‘Dallas’ Star Larry Hagman Dies In Texas

English: Publicity photo of Larry Hagman and Barbara Eden from I Dream of Jeannie. (Photo credit: Wikipedia)

.R. Ewing was a business cheat, faithless husband and bottomless well of corruption.  Yet with his sparkling grin, Larry Hagman masterfully created the charmingly loathsome oil baron — and coaxed forth a Texas-size gusher of ratings — on television’s long-running and hugely successful nighttime soap, “Dallas.”

Although he first gained fame as nice guy Capt. Tony Nelson on the fluffy 1965-70 NBC comedy “I Dream of Jeannie,” Hagman earned his greatest stardom with J.R. The CBS serial drama about the Ewing family and those in their orbit aired from April 1978 to May 1991, and broke viewing records with its “Who shot J.R.?” 1980 cliffhanger that left unclear if Hagman’s character was dead.

The actor, who returned as J.R. in a new edition of “Dallas” this year, had a long history of health problems and died Friday due to complications from his battle with cancer, his family said.

“Larry was back in his beloved hometown of Dallas, re-enacting the iconic role he loved the most.  Larry’s family and closest friends had joined him in Dallas for the Thanksgiving holiday,” the family said in a statement that was provided to The Associated Press by Warner Bros., producer of the show.

Read more:  http://www.pottsmerc.com/article/20121124/ENTERTAINMENT01/121129678/-dallas-star-larry-hagman-dies-in-texas

7-Eleven Stores Pass 40,000 Locations – More Stores Than McDonald’s!

7-Eleven grows at the rate of a new store opening every three and a half hours.  Really…is that even necessary?  According to 7-Eleven brass, they will add another 2,000 to 2,500 more stores worldwide in 2011.  Five hundred of those will be in the U.S. and Canada.

7-Eleven said they have significant room to grow.  Amazingly, 7-Eleven only operates in 30 U.S. states.  7-Eleven is a subsidiary of Seven-Eleven Japan.  Yes, you read that correctly.  The chain started in Dallas, Texas in 1927.  7-Eleven is now looking to buy existing convenience stores and convert them to 7-Eleven’s.  They are the Borg of the convenience store world.  Resistance is futile.

Another head-scratching factoid is that with a gazillion stores, 7-Eleven stores make up only 5% of the total number of convenience stores in our great nation.  Again, you read that correctly.  Cigarettes are 7-Eleven’s biggest selling item; however, customers can expect to see more hot food and bakery items down the road. 

The chain also has a large private-label program thereby allowing them, sometimes, to only sell the 7-Eleven brand of a particular product.  Less than half of 7-Eleven’s stores sell gasoline, which helps the company open stores faster and in smaller spaces.  On the other hand, 80% of U.S. convenience stores sell fuel.

Oh thank heaven for 7-Eleven…evidently.