BNET Industries
Fortune Industries Inc. (FFI) is in the Business Services Industry
- Revenue
- Aug 31 2007
- $158.3M
- Profit
- Aug 31 2007
- ($7.2M)
- Market Cap
- Aug 26 2008
- $12.1M
Latest News and Analysis
People on the move
-- Karen Smith has been appointed as the new president of Eagle Gate College's Layton campus. Smith has nearly 20 years of experience in higher education. She previously was director of Columbia College's Salt Lake City campus, and her career also includes time at the University...
FFI Completes $32 Million Credit Facility
INDIANAPOLIS, June 2 /PRNewswire-FirstCall/ -- Fortune Industries, Inc. announced today that is has closed a $32 million credit facility with the Company's majority shareholder. The credit facility will replace the credit facilities with Fifth Third Bank (formerly known as Fifth Third Bank Central Indiana). The...
Fortune Industries Announces Appointment of P. Andy Rayl as COO
INDIANAPOLIS, May 8 /PRNewswire-FirstCall/ -- Fortune Industries, Inc. announced today the appointment of P. Andy Rayl as Chief Operating Officer of the Company. Mr. Rayl assumed the COO responsibilities on May 5, 2008. Mr. Rayl has been a member of Fortune's Board of Directors since May...
Recession hits: What it means for ad biz; Ten industry leaders offer their takes on the approaching downturn.(Recession Impact)
Byline: JEREMY MULLMAN Merrill lynch last week became the first major U.S. investment bank to declare the U.S. economy in recession. Two days later, Goldman Sachs jumped in, predicting that the economy would enter recession during 2008, if it wasn't...
The UK Hotel Market Was Valued at GBP 14bn in 2006, Having Increased by 28.9% since 2002
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c77073) has announced the addition of "Hotels Market Report Plus 2007" to their offering. The UK hotel market was valued at 14bn in 2006, having increased by 28.9% since 2002. This growth was ahead of improvements in gross domestic...
Fitch Releases U.S. Title Industry 2007 Review & 2008 Outlook
NEW YORK -- Fitch Ratings today has released its annual analysis of the U.S. Title Insurance Industry in a special report entitled 'Review and Outlook 2007-2008: U.S. Title Insurance Industry.' Year-to-date Sept. 30, 2007 pretax earnings for all 6 publicly traded title underwriters fell by...
The business of dying: as baby boomers age, for-profit entities are increasingly entering the hospice industry.(Industry overview)
When death slowly made its entrance for 66-year-old Roger Deal, it looked nothing like his family had expected it would. "I guess somehow we thought he would just fall asleep, and that would be it," said Carol Deal, Roger's wife of...
Deteriorating Asset Quality Drives First-Quarter Bank Earnings Lower
TheStreet.com Ratings Upgrades 772 Institutions and Downgrades 956 Others NEW YORK -- Net income of the nation's banks and thrifts declined 10 percent in the first quarter of 2007 from the fourth quarter of 2006, according to TheStreet.com Ratings, a wholly owned subsidiary of TheStreet.com,...
Channel Resources Ltd.: Change of Directors/Stock Options.
KELOWNA, BRITISH COLUMBIA, Jun 13, 2007 CCNMatthews via COMTEX -- Channel Resources Ltd. (the "Company") (TSX VENTURE:CHU) is pleased to announce that effective June 13, 2007 Mr. Louis W. MacEachern has been appointed a Director of the Company and Mr. Cyrus Ameli has been appointed a...
Europe fuels industry optimism.(CRUISESHIPPING)
When Royal Caribbean Chairman Richard Fain recently stated that most of his company's growth is occurring in markets outside North America, he captured the essence of what is happening in the global cruise industry. [ILLUSTRATION OMITTED] ...
Valuation of the Wholesale Distribution Industry
The wholesale distribution industry provides merchandise to retailers, commercial and institutional users, and others in the wholesale industry. The principal types of wholesale operations include merchant wholesalers who take title to goods and then resell them, sales branches maintained by manufacturing operations, and agents or brokers engaged in buying and...
Tackling 'rogue' designations: is the proliferation of financial services designations a potential legal minefield for the industry?
More than 54,000 people in the United States hold the Certified Financial Planner CFP designation. Certification followed years of formal study for most candidates. Each candidate had to pass multiple exams, including a 10-hour multiple-choice final, meet a three-year experience requirement, adhere to...
Fortune Industries finishes acquiring ESG of Salt Lake
Indiana-based Fortune Industries Inc. said Monday it has completed its acquisition of Employer Solutions Group of Salt Lake City. The transaction value of $11.2 million will be paid in stock and cash. Cash of $9.1 million will be financed out of Fortune's existing line of credit. A...
Valuation of the Electronics Manufacturing Industry
The electrical equipment manufacturing industry, covered by SIC Group 36, covers all companies engaged in manufacturing equipment, machinery, and supplies for generating, storing, transmitting, and utilizing electrical energy, with the exception of computer equipment. The industry includes power distribution equipment, communications equipment, semiconductors, radio and television receivers, lighting and wiring,...
The slings and arrows of outrageous fortune.(Industry overview)(Brief article)
The last few days have been a time of mixed fortunes in terms of pensions and investments and sub-prime lending. Although it looked as if the turmoil in the US sub-prime markets have barely touched the UK - HSBC and Barclays...
Meet generation IFA.(independent financial advisers)(Brocha Simon the youngest person in the UK studying for the Certificate for Financial Advisers qualification)
Byline: A North London student is bucking the trend for ageing advisers and starting her studies at the age of 16 Hopes for the financial capability of the UK's teenagers have suffered a bitter blow with many young people believed ...
Life in the Diesel Death Zone
One of the routines of this job is scanning the Internet to keep up on the latest news, activity and sometimes silliness about these markets. Recently the following headlines caught our attention. Natchez Garden Club Learns About Advantages Of Biofuel Texas Children Breathing...
Stow the happy talk
Upbeat! That best describes the overall mood at SHOT Show 2007 in Orlando, Fla. There was a lot of enthusiasm for the state of the industry and optimism for 2007 business. Quality is up, the industry is more professional than ever and there is growth in virtually...
TI Logistics Briefing & News: Special Briefing: Logistics industry faces uncertain outlook in 2007.
M2 PRESSWIRE-2 January 2007-Transport Intelligence Ltd: TI Logistics Briefing & News: Special Briefing: Logistics industry faces uncertain outlook in 2007C1994-2007 M2 COMMUNICATIONS LTD RDATE:02012007 As 2007 gets underway the global logistics industry faces an uncertain year ahead. The fortunes of the...
It is hip to be square: to make insurance and risk management appealing to college graduates, the industry needs to spruce up its p.r. and infuse its recruiting efforts with a heavy dose of drama
One of the most serious problems facing the insurance industry today is the acute shortage of bright, college-educated young people entering the profession. Walk around any college campus, and you'll find that the brightest and best of our graduates are not thinking insurance. Talk to them about...
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- Incorporated: 1988
- CEO: Mr. John F. Fisbeck
Fortune Industries is a holding company. Through its subsidiaries, Co. is engaged in a variety of services and products for selected market segments, which are classified under five operating segments, Wireless Infrastructure, Business Solutions, Transportation Infrastructure, Ultraviolet Technologies and Electronics Integration.
Key Competitors
Fortune Industries Inc. Company Info
Board of Directors
Mr. Carter M. Fortune
Chairman
Mr. Paul A. Rayl
Mr. Nolan R. Lackey
Mr. David A. Berry
Mr. John F. Fisbeck
Contact Information
6402 Corporate Drive
Indianapolis, IN
317 532-1374