Thomson StreetEvents

...Marcello Zanardo KBW - Analyst Matteo Ghilotti Equita - Analyst Alberto Villa Intermonte - Analyst Matteo Ramenghi UBS - Analyst Luca Orsini. One Investments - Analyst Francesca Tondi JPMorgan - Analyst P R E S E N T A T I O N...

...Operator Thank you for joining the Point.### results for fourth quarter and year ended June ##, ####, conference call. For opening remarks and introductions, I would now like to turn the conference over to Mr. Haig Bagerdjian. Please go ahead, sir. Haig Bagerdjian - Point.### - Chairman, President, CEO Good morning. Rather. Good afternoon, and thank you for joining us today. With me is Alan Steel, our Chief Financial Officer. Before we answer any questions you may have, regarding the press release, I will ask Alan to discuss forward-looking statements, and briefly review the numbers that were released this morning, then I will make a few comments, and we will open the line for questions. Alan. Alan Steel - Point.### - EVP-Fin., Admin. Thanks, Haig. Certain statements in this conference may contain forward-looking forward-looking statements concerning the Company's projected revenues, earnings and cash flow, the plan focused on internal and external growth, new markets, sales initiatives,...

...Viki Lazaris Bank of Montreal - Senior Vice President of Investor Relations Frank Techar P&C Canada - President, CEO Bill Downe Bank of Montreal - CEO Maurice Hudon P&C Canada - Senior Executive Vice President Lynne Kilpatrick P&C Canada - Senior Vice President Personal Banking Gail Cocker P&C Canada - Senior Vice President Commercial Banking Mike Kitchen P&C Canada - Senior Vice President P&C Product Management Francois Hudon P&C Canada - Senior Vice President Quebec Division Wendy Miller P&C Canada - EDP and Chief Risk Officer C O N F E R E N C E C A L L P A R T I C I P A N T S...

...Paul Froud London Stock Exchange Group - IR Doug Webb London Stock Exchange Group - CFO, Executive Director C O N F E R E N C E C A L L P A R T I C I P A N T S...

...Operator Good afternoon ladies and gentlemen, thank you for standing by. Welcome to the Harry & David Holdings, Inc., fourth quarter and fiscal year end #### results conference call. During today's presentation all parties will be in a listen-only mode. Following the presentation the conference will be open for questions. (Operator Instructions). This conference is being recorded today, Thursday, September ##, ####. At this time I would like to turn the conference over to Mr. Ben Smith, Vice President of Finance. Please go ahead sir. Ben Smith - Harry & David Holdings, Inc. - VP, Finance and Planning Good afternoon, and welcome to Harry & David Holdings fiscal year #### and fourth quarter conference call. On the call today are Bill Williams, President and Chief Executive Officer; and Ed Dunlap, Chief Financial Officer. Everyone should have access to the earnings release for the fiscal year and fourth quarter #### results which went out earlier today. If you have not received a copy of the...

...David Lewis - Morgan Stanley - Analyst Well, let's go ahead and get started. My name is David Lewis. I direct the medical technology group here for Morgan Stanley. It's my pleasure to have this here at our last morning session, I believe, NuVasive, which many of you do know. It'smypleasuretohavewithus,twomembersofmanagement,bothMr.Lukianov,theCEOofNuVasive,aswellasKevinO'Boyle, the Chief Financial Officer. What I'm going to do is to maybe talk briefly about the debates as I see it on NuVasive. Then we'll have Alex give us a brief introduction about NuVasive, some of the drivers there. And then we'll jump into Q&A, which I hope is interactive session as possible. I think in my mind in the last couple of quarters the debate was heavily focused on the economic sensitivity or lack thereof with NuVasive's business, particularly in spine. We saw significant economic sensitivity on orthopedics; we have not seen that sensitivity on the spine. And my impression in the last couple quarters, people...

...Walter Schenker Titan Capital - Analyst Michael Potter Monarch Capital - Analyst Simon Barrows - Private Investor Dan Rambert Camden Partners - Analyst P R E S E N T A T I O N...

...Gary Liebowitz Wells Fargo Securities - Analyst Mike Linenberg BAS-ML - Analyst Gary Chase Barclays Capital - Analyst OVERVIEW...

...Trevor Schauenberg GE Corporate Investor Communications - VP Mark Little GE Global Research - SVP, Director Steve Bolze General Electric Co. - SVP, President, CEO - Power & Water, GE Energy Rick Stanley General Electric Co. - VP, Engineering - GE Energy Jeanne Rosario GE Aviation - VP, General Manager - Engineering Mike Harsh GE Healthcare - VP, Chief Technology Officer Michael Idelchik GE Global Research - VP - Advanced Technologies P R E S E N T A T I O N...

... Thank you for joining us today. Our next company presenting is Exelixis and we are very happy to have Chief Financial Officer Frank Karbe and CEO George Scangos here joining us today. Before we start I just want to make sure everyone knows that my personal holding disclosures and general disclosures are on the Morgan Stanley website at www.morganstanley.com/researchdisclosures. I also want to remind everyone, for those of you that have not sat in a session today, that this is an open Q&A session. We encourage audience participation, so please feel free to jump in. So with that I will turn it over to Exelixis. I think the best way to start, you guys have a very broad pipeline and you have had some major deals over the past six months in an economic environment where most companies would probably not be able to accomplish those kinds of deals. So maybe start with just an overview of the Company and maybe some of the partnerships. Unidentified...

...James Bellessa - D.A. Davidson - Analyst Okay, we will get going with the next presentation by MDU Resources. Here to present will be Terry Hildestad, President and CEO. Terry Hildestad - MDU Resources Group, Inc. - President and CEO Thank you. Good morning, everyone. Thank you for being here and listening to the MDU Resource story. Along with me today, before I get started, I would like to introduce Vern Raile. Vern is our Executive Vice President, Treasurer, and Chief Financial Officer. And Phyllis Rittenbach, is our Director of Investor Relations. I will begin today with an operational overview of our Company and then following that, Vern will come to the podium and go through the financial numbers for the organization. And then we will address questions together at the end of the formal presentation. Before I begin, I would like to draw your attention to the forward-looking statement included in the presentation booklet and for those of you who are listening through webcast on the slides....

...John Rogers - D.A. Davidson - Analyst Well, let's get started this morning. Our first presentation of the morning is McDermott International, we're very fortunate to have with us John Fees, CEO, who's going to give the presentation this morning. Also, for those of you that haven't met him, Jay Roueche is here as well. And they'll be doing a breakout session afterwards. All right, John. John Fees - McDermott International, Inc. - CEO Good morning, everyone. I'm going to do some overviews of McDermott and then talk about some specifics and some details about the Company and its operations and give you some views about the end markets and how we see things these days. The way we characterize ourselves is an energy focused E&C company. We have exposure in the energy industry across a variety of fuel types including coal, nuclear, oil and natural gas. We say we have a diversified customer mix and that the customer mix starts with our largest customer, the US government, and extends to the national...

...Sean Hennessy The Sherwin-Williams Company - SVP Finance, CFO Bob Wells The Sherwin-Williams Company - SVP Corporate Communications & Public Affairs P R E S E N T A T I O N...

...Robert Hoffman Arena Pharmaceuticals, Inc. - CFO Jack Lief Arena Pharmaceuticals, Inc. - President, CEO Bill Shanahan Arena Pharmaceuticals, Inc. - CMO Christy Anderson Arena Pharmaceuticals, Inc. - VP Clinical Development Dominic Behan Arena Pharmaceuticals, Inc. - CSO CONFERENCE CALL PARTICIPANTS...

...Robert Hoffman Arena Pharmaceuticals, Inc. - CFO Jack Lief Arena Pharmaceuticals, Inc. - President, CEO Bill Shanahan Arena Pharmaceuticals, Inc. - CMO Christy Anderson Arena Pharmaceuticals, Inc. - VP Clinical Development Dominic Behan Arena Pharmaceuticals, Inc. - CSO C O N F E R E N C E C A L L P A R T I C I P A N T S...

...Tim Vaill Boston Private Financial Holdings, Inc. - Chairman & CEO Catherine Sheehan Boston Private Financial Holdings, Inc. - SVP, Corporate Communication Dave Kaye Boston Private Financial Holdings, Inc. - EVP & CFO C O N F E R E N C E C A L L P A R T I C I P A N T S...

...Gary Liebowitz Wells Fargo Securities - Analyst Mike Linenberg BAS-ML - Analyst Gary Chase Barclays Capital - Analyst P R E S E N T A T I O N...

...John Colson - Quanta Services - Chairman, President, & CEO Well,thankyouverymuch.Iappreciatebeingheretoday.Tostartoff,we'llgothroughsomeoftheseforward-lookingstatement disclaimers that our attorneys love so well, so these statements are also on all of our public filings and on our website as well. So take a look at those. Moving forward, this first slide shows our breakout of our revenues, that Quanta is a leading provider, especially contracting services, to the electric power, natural gas, telecommunications, and cable TV industries. The largest portion of our revenue is the electric power grid business; that is, working on the nation's electric grid system that transmits and distributes electricity across the country. We have a diversified group of customers, led, of course, by the investor-owned utilities, but also includes REAs and municipal-owned power utilities, RBOCs, long-distance carriers, and cable TV companies. As reported, revenues for #### were $#.## billion. As you may know,...

...Glenn Rice Pharmacyclics - COO, President Robert Duggan Pharmacyclics - CEO, Chairman Ramses Erdtmann Pharmacyclics - VP Finance Joe Buggy Pharmacyclics - VP Research David Laury Pharmacyclics - VP Development Ahmed Hamdy Pharmacyclics - CMO C O N F E R E N C E C A L L P A R T I C I P A N T S...

...Vincent Lin Goldman Sachs - Analyst Brian Shipman Jefferies & Co - Analyst John Neff William Blair - Analyst Peter Appert Piper Jaffray - Analyst Bill Sutherland Boenning & Scattergood - Analyst OVERVIEW...

...Lars Topholm Carnegie - Analyst Henrik Simonsen SEB Enskilda - Analyst Soren Samsoe Danske Bank - Analyst Martin Sikorski Cheuvreux - Analyst Dan Togo Handelsbanken - Analyst Hans Gregersen ABG Sundal Collier - Analyst Jacob Thrane Standard & Poor's - Analyst P R E S E N T A T I O N...

...Brent Rakers - Morgan Keegan - Analyst Good afternoon. Again, I'm Brent Rakers for, I think, the fifth or sixth time today. We're going to go ahead and get started with the POOLCORP presentation. Let me go ahead and skip to my mandatory disclosure. Morgan Keegan expects to receive or intends to seek compensation for investment banking services from this Company in the next three months. With that rousing introduction, I'm going to introduce Mark Joslin. He's the Company's CFO. We also have-- I think many of you guys know Craig Hubbard with Investor Relations. He's here as well. Mark Joslin - Pool Corporation - CFO Thank you, Brent. Good afternoon, everyone. And did you say you expect to receive or do not expect to receive compensation? Let's make that clear. I think the answer was not. Again, good afternoon. I'm going to give you, I guess, a ##-minute overview of Pool Corporation and the investment opportunity at this point in time for our Company. And I have a few minutes for questions...

...Arthur Hatfield - Morgan Keegan - Analyst We're going to go ahead and get started. It's the last one of the day and thanks for everybody who's hung around. We've had a good lineup today. This final one is, I think, an interesting story. We had just had Wabtec and what's going on. It's fascinating times, really around the world. But, for me, as an analyst, following what's going on in the rail industry and what has occurred with equipment over the last three years has been interesting to watch, and how the different players have approached investing in new equipment in this most recent environment. We've got one of the main leasing company competitors within that industry here today to speak to us. And this is a good company, I think very well-run. And we're glad today to have Chairman, President, and CEO Brian Kenney with us, as well as Rhonda Johnson, who's Director of Investor Relations. And without any further ado, I'm just going to turn the time over to Brian. Brian Kenney - GATX -...

...Dirk Hoffmann-Becking - Sanford C. Bernstein - Analyst Good morning, and thanks a lot for coming. My name is Dirk Hoffmann-Becking. I cover the European investment banks and the European stock exchanges here at Bernstein. We are very grateful that we have NYSE Euronext here today, and Michael will take you through the views of what's happening at the New York Stock Exchange. We find this is a very interesting company, it's the only transatlantic exchange, it is a very broad portfolio of businesses in various markets, sometimes with dominant positions. And it's an interesting stock in the sense that it sits between the US and Europe. And yes. So I'll leave it over to Mike to take us through his presentation. Michael Geltzeiler - NYSE Euronext - Group Executive Vice President & Chief Financial Officer Thank you Dirk. Good morning. So as Dirk mentioned, I'm here to talk about NYSE Euronext. What we like to say is we feel like we are a somewhat new and dynamic business. Our CEO tends to describe...

...Tavis McCourt Morgan Keegan - Analyst Richard Kramer Arete Research - Analyst Mike Walkley Piper Jaffray - Analyst Jim Suva Citi - Analyst Edward Snyder Charter Equity Research - Analyst James Faucette Pacific Crest - Analyst Amir Rozwadowski Barclays Capital - Analyst Phil Cusick Macquarie - Analyst Jonathan Goldberg Deutsche Bank - Analyst Paul Coster JPMorgan - Analyst Maynard Um UBS - Analyst Simona Jankowski Goldman Sachs - Analyst Chip Chowdhry Global Equities Research - Analyst Matt Thornton Avian Securities - Analyst Tim Long BMO Capital Markets - Analyst #...

...Jeff Silber - BMO Capital Markets - Analyst Okay we're going to continue with our next presentation. Public Company is DeVry, DV is the ticker another Company that focuses somewhat on the post secondary area, but they focus a lot more beyond that and I think they will talk about that in their presentation. We've got two representatives from the Company. We've got Daniel Hamburger, the President and CEO, and he is joined by Rick Gunst, who is the Senior Vice President, CFO and Treasurer. And I'll turn the mic over to Dan. Daniel Hamburger - DeVry Inc. - President, CEO Thank you, Jeff, and thanks, everyone. This is an incredible conference and I appreciate everyone's interest. I'll go ahead and do the presentation and try to save as much time as possible for questions together with Rick Gunst, our CFO. Joan Bates, our Director of Investor Relations, is here as well. Joan, please show your smiling face so everybody knows who you are. And let's just jump right in. What I would like to do is...

...Unidentified Participant Good morning, again, everyone. We're going to go ahead and get started. We have the management of W.W. Grainger here. Obviously, Grainger is the leading industrial distributor in North America. They have done some very exciting things, I think, in the Asia-Pacific market here recently, as well. It's been a very good story over the last nine to ## months, in particular. They've had some great success, continued success, with the product expansion initiative, and they have, I think, what is by far and away the leading government franchise in the United States. With that, I will turn it over to Mike Pulick, who is President of Grainger Industrial Supply and a Senior VP at the Company. We also, of course, have Ernest and Bill up here to participate in the Q&A portion, as well. Mike Pulick - W.W. Grainger - President Grainger US, SVP Good morning. I would like to begin by just reminding everybody that the presentation has some forward-looking statements and you can take...

...Vincent Lin Goldman Sachs - Analyst Brian Shipman Jefferies & Co - Analyst John Neff William Blair - Analyst Peter Appert Piper Jaffray - Analyst Bill Sutherland Boenning & Scattergood - Analyst P R E S E N T A T I O N...

...Operator Good afternoon and welcome to the Pro-Dex fourth quarter earnings conference call. Statements herein concerning the Company's plans, growth and strategies may include forward-looking statements within the context of the federal securities laws. Statements regarding the Company's future events, developments, and future performance, as well as management's expectations, beliefs, plans, estimates or projections related to the future, are forward-looking statements within the meaning of these laws. The Company's actual results may differ materially from those suggested as a result of various factors. Interested parties should refer to the disclosure concerning the operational and business concerns of the Company set forth in the Company's filings with the Securities and Exchange Commission. Thank you. I will now turn the conference over to Mark Murphy, CEO. Please go ahead. Mark Murphy - Pro-Dex, Inc. - CEO Thank you, Molly, and thank you, all, for joining us to review Pro-Dex's fourth...

...Tavis McCourt Morgan Keegan - Analyst Richard Kramer Arete Research - Analyst Mike Walkley Piper Jaffray - Analyst Jim Suva Citi - Analyst Edward Snyder Charter Equity Research - Analyst James Faucette Pacific Crest - Analyst Amir Rozwadowski Barclays Capital - Analyst Phil Cusick Macquarie - Analyst Jonathan Goldberg Deutsche Bank - Analyst Paul Coster JPMorgan - Analyst Maynard Um UBS - Analyst Simona Jankowski Goldman Sachs - Analyst Chip Chowdhry Global Equities Research - Analyst Matt Thornton Avian Securities - Analyst Tim Long BMO Capital Markets - Analyst Mike Abramsky RBC Capital Markets - Analyst Kevin Mannie BMO Capital Markets - Analyst #...

...Jim Barrett - CL King & Associates - Analyst I am Jim Barrett. I am the analyst at CL King on Armstrong. So we are happy to have the Company with us today. Mike Lockhart, who is Chairman and CEO, and Beth Riley, who runs Investor Relations. Thank you, Mike. Mike Lockhart - Armstrong World Industries, Inc. - Chairman and CEO Thanks, Jim. I'm going to try to stand close to this, because I have a very soft voice, and you won't be able to hear me if I don't. First thing we have is the normal -- the Safe Harbor statement, which basically says what you're used to hearing about forward-looking statements and how we have no duty to correct them if they happen to be wrong. A quick overview of Armstrong is we make floors, ceilings, and we have a small cabinets business. Sales last year were $#.# billion. When we get to the end of the presentation, we will tell you that sales this year are going to be around $#.# billion, $#.# billion. We are number one in about ##% of our sales. So if you look at...

...John Rogers - D.A. Davidson - Analyst We are going to keep moving here. Our next presentation -- Foster Wheeler. Ray Milchovich is here to give the presentation. I think as most people that watch this industry know, certainly Foster Wheeler has been one of the most successful growth stories over the past # or # years. We are very happy to have them back this year. And with that -- oh, and Scott Lamb is here too. Forget to mention, so if you have any additional questions, please grab Scott. Right. Ray Milchovich - Foster Wheeler AG - Chairman and CEO Good morning, everyone. Thank you for joining us. And thank you, John. I will assume my prepared remarks here and then be happy to answer any questions anyone may have. Let me start with, for those of you who don't know us, Foster Wheeler is a pure play in energy infrastructure. We operate through two business groups, our Global Engineering and Construction Group, which is the largest of the two groups. And that group is organized with an upstream...

...Chaz Jones - Morgan Keegan - Analyst We will go ahead and get started with our final Jones Act name this afternoon. We have Kirby Corporation here. Representing the Company is Norman Nolen. He is an EVP and also the Chief Financial Officer at the Company. So Norman, I appreciate you coming, and I will turn it over to you. Norman Nolen - Kirby - CFO, EVP & Treasurer Thank you, Chaz. Kirby is in two principal businesses. ##% of our business is in the Marine Transportation business, which represents about $# billion in revenues in ####, and a little less than ##% of our business is Diesel Engine Repair business, which I will talk about in a few moments. We are a New York Stock Exchange company. Market cap is a little over $# billion at the moment, and we have about #### employees. Just a few facts about who Kirby is. We are the largest inland tank barge operator. Tank barge refers to barges that carry liquids not dry cargo. We are essentially a liquid operator. We have ### barges at the moment,...

...Scott Malat - Goldman Sachs - Analyst All right, it's time to get started with the next presenters. I am Scott Malat with the Telecom Services Team and Cable Team at Goldman. We are pleased to have Leap Wireless International with us, Doug Hutcheson and Walter Berger. So Doug is President, Chief Executive Officer, and Director. Prior to his role as President and CEO, Doug served as Executive Vice President and CFO, where he led the financial restructuring of Leap. Doug has also held the position of Chief Strategy Officer for Leap, and he's been with the Company since ####. Walter joined the Company in June of #### as Executive VP and CFO. Prior to this, Walter served as CFO of CBS Radio since ####. And before that, Walter served as CFO of Emmis Communications from #### to ####. Thank you both for coming. I want to mention it again; we have index cards at the table. Please feel free to pass any questions, pass them on to the front, and we'll be sure to ask those questions. Then we can just...

...Vijay Rakesh - ThinkEquity - Analyst We have Mike Hara here from NVIDIA here. Mike, thanks for coming down. The format of this will be a fireside chat, so informal Q&A. So any of you guys who want to pitch in, have a question, feel free to raise your hand and ask a question. With that, Mike, I'll hand it over to you and start with a brief overview of what's going on with NVIDIA and the industry; and then we'll go into Q&A. Okay? Mike Hara - NVIDIA Corporation - SVP IR & Communications Thanks, Vijay. So let me just start off and spend about a couple minutes just to I think describe where we think we're at and what we're focused on. We're at the very beginning of a big change that we're trying to create in our business with the areas of using GPUs now not only for doing great graphics but really using the GPU in a much more utilitarian way. So we've made some key investments over the past couple years with regards to how to use GPUs for compute functions. We invented a technology a couple...

...Ian Tyler Balfour Beatty plc - CEO Duncan Magrath Balfour Beatty plc - Finance Director Stuart Glenn Parsons Brinckerhoff Inc. - President, COO, PB International Peter Zinkin Balfour Beatty plc - Planning and Development Director C O N F E R E N C E C A L L P A R T I C I P A N T S...

...Unidentified Speaker Thank you for joining us on day three here of the Deutsche Bank Tech Conference. Here to kick off the last day and first session in this room, it will be LoopNet. Here from the company we have Rich Boyle, Chairman and CEO, to just give us a quick update on the business, and then there'll be about ## minutes of Q&A. So, Rich? Rich Boyle - LoopNet - Chairman and CEO Thank you, [Gido], and good morning, everyone. As Gido said, I'm Rich Boyle, Chairman and CEO of LoopNet. I think what we're going to do today is try to give a very high-speed tour of the business in about ## minutes or less and then save most of the time for Q&A, both from Gido and yourselves. So very quickly, a couple of key things about our business. Those of you that may know us already know this, but some highlights. We're a marketplace serving the commercial real estate industry, providing both marketing services and information and technology services. We've achieved the large critical mass in the marketplace,...

...John Rogers - D.A. Davidson - Analyst Okay, we're going to keep moving here. The next presentation is one of the hometown favorites here, URS; we're very pleased this morning to have Tom Hicks with us, CFO. Also Sam Ramraj, who I think a lot of people in the industry know, is also here as well. So, Tom. Tom Hicks - URS Corporation - VP, CFO Thank you, John; it's always a pleasure to speak at your conference and thank you for inviting us again this year. I had a long commute, it was two and a half blocks and I've got to rest up from that. But other than that I'm doing great. Please take a look at this and heed all of its warnings, if you would. I think there are a few things I want to hit today that those of you who have heard me speak before I've talked about, but I'll kind of emphasize them a bit. As we work our way through some of the recessionary issues that all of us have faced in the industry and different companies have had different issues, one of the things that's emerged for us...

...Keith Johnson - Morgan Keegan - Analyst We'll go ahead and get started. Good afternoon. My name is Keith Johnson, the analyst following Vulcan Materials. Pleased today to have Don James, CEO, Dan Sansone, CFO, and Mark Warren from Investor Relations here with us today to go over the Vulcan story. Just as a matter of housekeeping, I have a few quick disclosures to run through, so I'll do them quickly. Morgan Keegan has managed or co-managed a public offering of equity securities for this Company in the past ## months. Morgan Keegan has received compensation for investment banking from this Company in the past ## months. In addition, an affiliate of Morgan Keegan has received compensation for products or services other than investment banking in the past ## months. And finally, Morgan Keegan has received fixed income securities related compensation in the past ## months. With that, I'll go ahead and we'll get started and turn it over to Don. Don James - Vulcan Materials Co. - Chairman, CEO...

...Jim Barrett - CL King & Associates - Analyst I'm Jim Barrett, I'm the analyst at CL King who follows Scotts Miracle-Gro. So we are happy to have back Dave Evans, the Chief Financial Officer, and Jim King, who runs Investor Relations and Corporate Communications. So, welcome. Dave Evans - The Scotts Miracle-Gro Company - CFO, PAO and EVP Well, thank you, Jim. Good afternoon, everyone. So I'm going to spend a few minutes here and walk you through Scotts model here. A little bit about our Company. First of all, for those less familiar with us, Scotts Miracle-Gro's two-minute primer. It's a fairly unique Company, lawn and garden. It's holding a somewhat unique position in this category with market positions in excess of ##% share in virtually every category we participate in and the number-one brand within the US with friends like Scotts and Ortho and Miracle-Gro. We have some incredibly strong relationships built on decades of strong advertising, media support. We have historically been about...

...Unidentified Participant Joining us this morning from National Bank is Louis Vachon, President and CEO. Mr. Vachon was appointed President and CEO in June ####, and has been Chief Operator Officer since July ####. Louis has held numerous positions in the bank including CEO of National Bank Financial and Senior Vice President, Treasurer in Financial Markets. He joined Levesque Beaubien in ####, moved to Bankers Trust from #### to #### and rejoined the bank. National Bank is the best performing bank stock in Canada, thus far in #### increasing an impressive ##% year to date. Louis Vachon - National Bank of Canada - President, CEO, Non Independent Director Hello, everyone, thank you for taking this time to listen to my presentation. We will save some time, a bit, and move on to the next slide. Let's start with the credit cycle. I have been asked the same question a lot this morning. Where do you think we are in terms of the credit cycle? In particular, in regards to Quebec. As you know we...

...Greg Dunham - Deutsche Bank - Analyst Thanks for joining us again. Now we have Kristian Talvitie from PTC, Vice President of IR, who has been with the Company a couple years now and will give you kind of a general overview of what they do and then we'll just dive into Q&A and take it from there. Kristian Talvitie - Parametric Technology Corp. - VP, IR Great, thanks, Greg, and I will try to keep the overview pretty brief. I think there's a bunch of familiar faces here. So in general PTC is about a $# billion -- a little bit less this year, a little bit more last year -- software company focusing on the PLM market space, which really we break out into two primary areas, the CAD market or desktop market, CAD and CAD-related market with our primary product of Pro/ENGINEER. And on the PLM or the data management and collaboration side our primary product there is Windchill. We have about #,### employees worldwide and serve about ##,### customers worldwide in really six major verticals. Our four...

...John Rogers - D.A. Davidson - Analyst We have the CEO, Dan Batrack, and we also have Jorge Casado, the Investor Relations representative. Dan Batrack - Tetra Tech, Inc. - Chairman, CEO, President Great. Thank you very much. Very glad to be invited here, and I will provide an overview of Tetra Tech, starting off with an overview our firm. This is an E&C conference and meeting, the engineering and constructing industry -- or engineering and construction. It's one of the sectors that Tetra Tech is followed probably most closely in, is in the E&C sector. But we see ourselves a bit earlier in the process than E&C or engineering and construction. Generally our work starts with consulting and engineering. That's the primary focus of our firm. And so we start earlier in the project than most engineering and the construction programs. We are a services firm. We are primarily engineers, scientists, chemists, technical professionals, focusing on identification of the projects and alternatives for...

...Sharon Lui - Wells Fargo - Analyst Good morning. I am Sharon Lui, an analyst with Wells Fargo. Our next presentation is Crosstex Energy. I am pleased to introduce Bill Davis, Chief Financial Officer. Bill Davis - Crosstex Energy, Inc. - CFO Thanks, Sharon. Thanks to you all for attending our presentation this morning. As Sharon said, I am Bill Davis, the CFO of Crosstex. With me here today from the company is [Mike Garberdine], our VP of Finance. Many of you have met Mike over the years. There has been a lot of conversation here at the conference over the tumult that we have all seen over the last ### days, or however long it has been. It has been quite a ride. I think it was about a year ago that we had a hurricane, Ike, come ashore in Texas after damaging much of the infrastructure in the Gulf of Mexico that produces gas and get it onshore. And then at the same time that same weekend Lehman filed for bankruptcy. And so it was a bit of a scramble for several months thereafter as we all...

...John McNulty - Credit Suisse - Analyst We're really extremely happy to have Praxair, and equally important, the Chairman, President and CEO, Steve Angel. Hopefully, a lot of you know Praxair is the premier industrial gas company in the world, not quite the largest yet but certainly the most profitable, and the way we look at things that's probably a lot more important, and certainly more important to you. They've continually seen extremely robust growth, and more importantly and maybe even a little bit more surprisingly to us, is the Company has always been run very efficiently, the returns have been high, the margins have been high, and coming into the economic downturn we didn't expect anything less. But what we found was there was even more room, and the Company has done an extremely good job of really getting even more efficient and really driving the margins to levels that we didn't actually truly believe were actually possible. So, with that, let me turn it over to Steve Angel and...

...Jeff Silber - BMO Capital Markets - Analyst I'm very pleased to introduce the Chairman and CEO of ITT Educational Services -- ESI is the ticker -- Kevin Modany. Kevin, the mic is all yours. Kevin Modany - ITT Educational Services, Inc. - Chairman and CEO Going to dive right into the presentation. For those of you that are familiar with the organization, it's our standard presentation, so it will be old hat to you, started like I said with a forward-looking warning, and then we will dive into the corporate overview. The organization, ITT Educational Services, incorporated in ####. We had our IPO in ####. We've got right now ### colleges in ## states, that does include our Daniel Webster College, which is our ##th state and ###th location. Degreegrantinginstitution,degreegrantingonly,sowehaveassociatedegreesandbachelordegrees,aswellasanMBAonline. About ## -- or ##% -- excuse me -- of the population is pursuing an associate degree. Six schools of study, information technology, electronics,...

...Mike Gallo - CL King and Associates - Analyst Okay, next presenting we have NBTY, the largest vitamin company. From the Company we have Harvey Kamil, the President, and he will be presenting today. Harvey? Harvey Kamil - NBTY Inc. - President and CFO Thank you, Mike. It's a pleasure to be here. And to all the people who are listening in on our webcast, welcome to the NBTY presentation. First, in terms of forward-looking statements, please read the full listing of forward-looking statements on our website or ##-K, so we will move on from there. So, NBTY, who are we? Again, we are the largest vitamin company in the United States. We are a listing of brands. And if you are on the website, you could start clicking. We will see brands now. You see our Puritan's Pride, Nature's Bounty is our premium brand. But we have a listing of entire brands that we sell throughout the market. The next slide shows who we sell to, so we sell to just about all the various retailers. We will get into that in...

...Chaz Jones - Morgan Keegan & Co., Inc. - Analyst We're going to go ahead and get started on the next presentation. Landstar here today. From the Company, Henry Gerkens, the CEO; Jim Gattoni, the CFO. I have got to give a shameless disclosure here that Morgan Keegan intends to seek investment banking compensation from Landstar in the next three months. You would think they would make the investment bankers do that and not be the analysts. Henry Gerkens - Landstar System - President and CEO Thanks and good morning. Before I start, I will refer to my Safe Harbor Statement here and leave that up for a second or two. Let me start with our model definition. And those of you who have heard me talk in the past, you saw about a year and half ago, I rolled out this model definition. It was some slight changes and we are going to talk about some of those changes at the very beginning of my presentation because they really relate to the integrated supply chain solutions which is new to Landstar, newwordsaswarehousing,worldwide;acoupleofwordsthatalwaysremainthesamethoughwithLandstar(technicaldifficulty)...

...Dan Mahoney Penn Traffic - General Counsel Greg Young Penn Traffic - CEO Tod Nestor Penn Traffic - CFO Eric Sattler Penn Traffic - VP - Finance, Interim CFO C O N F E R E N C E C A L L P A R T I C I P A N T S...

...Ian Cheshire Kingfisher plc - Group Chief Executive Kevin O'Byrne Kingfisher plc - Group Finance Director CONFERENCE CALL PARTICIPANTS...

...a. Net loss, $##m or $#.## per share vs. net loss of $##m or $#.## per share in #Q##. #. YTD: a. Net income, $##m or $#.## per share vs. net loss of $##m or $#.## a share last year. #. #Q##: a. Total sales declined to $###m from $###m in #Q##. b. Comparable store sales declined #.#%, which can be attributed to reduction in traffic. i. Without Canadian currency conversion rate effects, comparable store sales declined #.#%. #. #H##: a. Total sales declined to $###m from $###m in #H##. b. Comparable store sales declined #.#%. i. Without Canadian currency conversion rate effects, comparable store sales declined #.#%. B. Merchandise Margins: #. #Q##: a. Up ### BP to ##% of sales vs. ##.#% of sales last year, direct result of: i. Reduced markdown activity. ii. Strong input margins. b. Continued to benefit from supply chain efficiencies vs. #Q##, like: i. Lower fuel. ii. Transportation. iii. Labor costs. #. #H##: a. Increased ### BP to ##.#% of sales from ##.#% of sales last year. #. Will continue...

...Jeffrey Frelick - Think Equity - Analyst Diagnostic device analyst here at ThinkEquity. Joining us today in presenting from Beckman Coulter is Chief Financial Officer Charlie Slacik. Immediately following the presentation we will move to a breakout up on the Muse on the third level. Charlie. Charlie Slacik - Beckman Coulter - CFO Good morning, everybody. First of all I think I should make the standard comments that I will be making some forward-looking statements today in forecast. Results could vary materially and so I refer everybody to our documents on file with the SEC, particularly ##K, ##-Q and #K reports. For those of you who may not be familiar with Beckman and Coulter, we are a West Coast-based company in Fullerton, California. We were founded in the ####s by Doctor Beckman and have been known for most of our history as a life science tools business. But for the last ## years, we have been evolving gradually to essentially a diagnostic healthcare company. And today we've almost...

...Rajesh Ghai - ThinkEquity - Analyst Good morning, everyone. Thanks for coming. It is my pleasure to introduce Charles Read, Vice President and Controller at Brocade Communications. And we are going to have a slight departure from the usual format. We're going to have a fireside chat instead of the presentation. So without much further ado, Charles, before we go any deeper into the business, could you give us a brief introduction on Brocade, what it does, and what markets it targets and what its recent history has been, if you can? Charles Read - Brocade Communications - VP and Controller Sure, I actually might go back a little bit further than recent history, but --. So Brocade is about ## years old now, much older actually than people tend to think. The Company was founded around producing Fibre Channel switching products that are used in storage area networking. The Company has always been sort of a market leader and technology leader in that space and really over the course of time,...

...Unidentified Participant Okay. If you'll all will take your seats, we'll get on with the next presentation. For our next presenter, we have Huntsman Corporation. As many of you know, Huntsman's a significant player and in a lot of cases the leader in polyurethanes, advanced materials, textile effects, performance products and in pigments. And speaking for Huntsman today, we're really happy to have Peter Huntsman. He's the President, CEO and Director of the -- or one of the directors of the Company. He's been in that role basically since #### or July of ####. Prior to that, he's worked as the Chief Operating Officer and been in a bunch of roles throughout the Company. So, with that, let me turn it over to Peter and you can hear more about Huntsman. Peter Huntsman - Huntsman Corporation - CEO Thank you very much. My name is Peter Huntsman. I'd like to thank Credit Suisse for the opportunity we have to present here today. I'd like to briefly go through a few slides and talk about our company,...

...Rachel McMinn - BAS-ML - Analyst (audio begins in progress) We have Rolf Hoffman, who is Senior Vice President of International Commercial Operations. He has been at Amgen for five years, and before that, Eli Lilly ## years. And we also have Will Dere, who is Vice President of International Research and Development, who has been at Amgen for six years, and before that, Eli Lilly for ## years. So I'm going to leave it there. Arvind, also, Director of Investor Relations, is going to be joining me for Q&A. Rolf Hoffman - Amgen Inc. - SVP, International Commercial Operations Good morning and thank you very much for joining us this morning. We're going to talk a bit about the financial performance, obviously the products, [kitubin] in particular. Then you might know that we had an unprecedented dataflow, particularly the last few months. And then we'll talk a little about D-mab, our potential next blockbuster, how we are getting ready for commercialization, and how things are going in terms...

...Tim Boddy - Goldman Sachs - Analyst Okay, I think we will get started. So my name is Tim Boddy. I am the telecom analyst at Goldman in Europe and it is a pleasure to have with us today at Communacopia Neil Berkett, the Chief Executive of Virgin Media since mid-#### and Chief Operating Officer for a couple years before that. Basically, I think just to start off, Neil, it would be great if you could outline for us the key issues on your mind. Neil Berkett - Virgin Media Inc. - CEO I think we are now in a privileged position where we can really start to think about optionality. If you think about the journey that we have been on, which started back into ####, #### with the consolidation of NTL and Telewest, the acquisition and consequential consolidation of Virgin Mobile, took the decision there that let's integrate before we fix, so the second stage was fix the business. The third stage, which I guess we are in the second half of now, is differentiate your product. We have done that with...

...Unidentified Participant And I would like to welcome Brian Jellison, from Roper Industries. Brian Jellison - Roper Industries - Chairman, President and CEO Well, thank you. Good afternoon, everyone. We move forward here [fast.] The sort of background on Roper Industries, we've had some conversations with Barclays when they asked me to present here about renewables, that I think of as a wind power company, but we'll talk to you a little bit about the various things. The most renewable thing we have, and it's a wonderful thing for investors, is cash. We're not looking for cash -- we generate cash, and we tend to distribute it. So, in that context, that's a wonderful renewable. Roper became public again in #### -- it used to be a large, publicly traded company. It got bought out by GE in ####, and then it sort of started over in #### as a small, public company around two pump businesses and a valve business. And made some acquisitions, and decided that if they just adopted a very simple mindset,...

...Unidentified Speaker Okay, we're going to go ahead and get started with our final presentation. I just want to thank everyone for coming to our reconstituted conference here at Barclays. Hope it's been an enlightening couple of days. With that, we'll move into ICE. We're happy to have CEO Jeff Sprecher here to give his take on the current environment and any opportunities set for the company following along the discussion we just had with CME. And since I know how much you like to testify in front of committee, I was going to have you sit down there and give you leading questions, but we didn't have time to reorganize. Jeff Sprecher - IntercontinentalExchange, Inc. - CEO Thank you, Roger, and thank you all for staying late here. I understand I may be the last speaker, so that's always a tough position to put a person in since I'm asking you to stay, so thank you so much. Let me start my talk by looking at our safe harbor language and reminding you as I move forward. And I want to begin...

...Jackie Cossmon XenoPort Inc. - IR Ron Barrett XenoPort Inc. - CEO David Stamler XenoPort Inc. - Chief Medical Officer C O N F E R E N C E C A L L P A R T I C I P A N T S...

...Kevin McConnell Bloxham Stockbrokers - Analyst Aaron Ibbotson Goldman Sachs - Analyst Ciaran Callaghan NCB Stockbrokers Ltd. - Analyst Sebastian Orsi Merrion Stockbrokers - Analyst Scott Rankin Davy Stockbrokers - Analyst John-Paul Crutchley UBS - Analyst Raul Sinha Nomura International - Analyst P R E S E N T A T I O N...

...Paul Curlander Lexmark International, Inc. - Chairman & CEO Paul Rooke Lexmark International, Inc. - EVP & President, Imaging Solutions Division C O N F E R E N C E C A L L P A R T I C I P A N T S...

...Mary Ann Jackson Apogee Enterprises, Inc. - Director - IR Russ Huffer Apogee Enterprises, Inc. - Chairman & CEO Jim Porter Apogee Enterprises, Inc. - CFO CONFERENCE CALL PARTICIPANTS...

...Brian Walker Herman Miller - President, CEO Greg Bylsma Herman Miller - CFO Jeff Stutz Herman Miller - Treasurer, VP IR CONFERENCE CALL PARTICIPANTS...

...Unidentified Speaker Our next presenting Company is SuperGen. SuperGen is running more than a dozen clinical trials with kinase cell signaling inhibitors and DNA methyltransferase inhibitors in a cancer study. It also received royalties from Dacogen decitabine, a hypomethylating agent approved in the US in #### to treat myelodysplastic syndrome. Presenting for the Company is President and CEO, James Manuso. The breakout will be immediately following the presentation in room ###. James Manuso - SuperGen, Inc. - President and CEO Okay, thank you very much and thank you for joining us today. Happy to present the Company to you and, of course, in the context I'll be making some forward-looking statements and direct you, therefore, to our SEC filings. For those of you who don't know, our focus is on hematology and oncology drugs. We have a unique discovery process, and we take drugs all the way up through Phase III. We've even done some Phase IVs and in earlier iteration. Here's a business overview,...

...Andy Kaplowitz - Barclays Capital - Analyst For those of you who don't know me, my name is Andy Kaplowitz. I am the US engineering and construction analyst. Very happy to be here. We're very excited to have Fluor Corporation with us. Fluor is the largest public US E&C company. It is focused on engineering, procurement,construction,andmaintenanceservices.Fluorisdiversifiedacrossgeographiesandacrossindustries;butitsfocus is on energy and power and -- was it four months ago -- formed a bigger focus on renewables. I think it's a big focus for Fluor, alternative energy. With us today we have David Dunning. He is Group President of Power; he has been with Fluor for ## years. Ken Lockwood, who is the Vice President of Investor Relations, he has been with Fluor for ## years. And Jason Landkamer, who has been with Fluor for four years; he is a Director of Investor Relations. I'm going to turn it over to David. David Dunning - Fluor Corporation - Group President, Power Thank you, Andy, and good morning,...

...John McNulty - Credit Suisse - Analyst Okay, if you all take your seats, we will get on with the next presentation. We are extremely happy to have as our next company presenting, RPM International. A lot of you I'm sure know RPM. Those of you who don't probably know their products. If it was called the Rust-Oleum company or something like that, you would probably even know more about them. Speaking for RPM today, we are very happy to have Kelly Tompkins. Hopefully most of you probably already know him. He's their Chief Financial Officer. He has been with the Company since ####, I believe. So with that, let me turn it over to Kelly and you can hear more about RPM and the opportunities there. Kelly Tompkins - RPM International Inc. - EVP Administration & CFO Thank you, John. I think you took a line out of Jim Cramer's comment about Rust-Oleum, rename it Rust-Oleum. Our industrial guys don't particularly appreciate that, but nonetheless. Welcome, everyone. After the obligatory disclaimer,...

...Mike Sutherlin - Joy Global Inc. - President, CEO We are running a little behind schedule, so I'm going to go ahead and start. I am Mike Sutherlin, President and CEO of Joy Global. Today, I am going to cover the outlook that we have for the commodities markets, talk about how that commodity market outlook will begin to influence the demand for mining equipment and then give you some flavor for how we are preparing our business to deliver performance -- good financial performance over the cycle. But before I go any further, I just have to caution you about the forward-looking statements that may be included in this presentation or in my comments. Start with an overlook of the global outlook for commodities, and that outlook is improving. We are -- today, we are seeing that China has been pretty much the shining star against the global economic recession, and has been driving almost all of the global commodity demand. And there is no doubt that China's record level of commodity imports contains...

...Tony Brenner Roth Capital Partners - Analyst Keith Siegner Credit Suisse - Analyst Mark Smith Feltl and Company - Analyst Greg Ruedy Stephens Inc. - Analyst Michael Wolleben Sidoti & Company - Analyst Chris O'Cull SunTrust Robinson Humphrey - Analyst OVERVIEW...

...Steve Bruffett Con-way Inc. - EVP and CFO Herb Schmidt Con-way Inc. - EVP and President of Con-way Truckload C O N F E R E N C E C A L L P A R T I C I P A N T S...

...Unidentified Company Representative Our next Company here is Netflix. For a lot of folks that may not be familiar with -- I don't think -- I think everyone's pretty familiar with Netflix these days, but obviously very strong success with ## million subscribers. We're going to just do Q&A. There is not a presentation, so hopefully it's an interactive crowd out there. Here from the Company, Barry McCarthy, CFO, and I'm going to kick if off with some questions. But Barry, I think you've talked about a couple of million users on your streaming service up to this point I think is a comment I think you've made. What do you think is the real driver on consumer adoption on streaming? Is it actually content? Is it pricing? Is it impulse? How do you --? What do you think is kind of the driver among consumers to actually use this -- go to streaming from mail? Barry McCarthy - Netflix - CFO Good morning, everybody. Well, it's all those things and it's hardware platforms in the home that enable viewing...

...Jason Armstrong - Goldman Sachs - Analyst (audio in progress) -- Chairman and Chief Executive Officer of Verizon. First named co-CEO in ####, assumed sole responsibilities in ####. Was named Chairman of the Board in ####, previously was Chairman and CEO of both Bell Atlantic and NYNEX. So Ivan, welcome. Ivan Seidenberg - Verizon Communications Inc. - Chairman & CEO Good morning, Jason. How are you? Jason Armstrong - Goldman Sachs - Analyst Good, thank you. Maybe first question, just in terms of state of the business for Verizon and sort of the migration we have seen over time. You guys have had a very progressive evolution of the business I think relative to peers. Aggressive actions around acquiring the right wireless assets, spinning some underperforming access lines, a directory business. Can you talk about high-level positioning of the Company at this point relative to the evolution? So where are we? Ivan Seidenberg - Verizon Communications Inc. - Chairman & CEO Okay, so with respect...

...Craig Streem Discover Financial Services - VP, IR David Nelms Discover Financial Services - Chairman, CEO Roy Guthrie Discover Financial Services - EVP, CFO C O N F E R E N C E C A L L P A R T I C I P A N T S...

...Unidentified Participant (audio in progress) Mike Burke. Mike Burke - AECOM Technology Corporation - EVP and CFO Thank you, Tristan. At these conferences you never want to be the first or the last, and unfortunately it's # AM here, a little early for some people. So hopefully some people will straggle in as we move out through the discussion here. Why don't I first start off with the obligatory Safe Harbor statements. We will be making some statements today that are forward-looking. We will mention some specific risk factors that will be on our website as well as the Reg. G non-GAAP reconciliation. We will be using certain statements such as EBITDA that will be reconciled to GAAP on our website. Please feel free to refer to that. Moving on to the next slide here -- oh, that's the Safe Harbor provision that you need to read real quickly before I pass over. So for those of you that are not familiar with AECOM, I'd like to give you a quick overview here. AECOM is a global services company,...

...Scot Cicarelli - RBC Capital Markets - Analyst Good morning, everyone. For those of you that don't know me, I am Scot Cicarelli, senior analyst here with RBC Capital Markets. And following the hardlines retail sector, I know most of the faces in here. This morning we are very happy to present a couple members of Best Buy's senior management team. We have Ryan Robinson who is the Domestic CFO, and then we have Wade Bronson who is Director of Investor Relations. We are actually longtime advocates of Best Buy. It's been a controversial stock for a lot of people. But I think they're a very important barometer and indicator of what's going on with the health of the overall US consumer. And there are obviously a lot of dynamics within the consumer electronic industry. What I'd like to see happen is I'm probably going to start off with a question or two, and then hopefully it takes on an interactive format. We have about an hour and so I think just raise your hand, ask a question, and hopefully...

...Mark Wienkes - Goldman Sachs - Analyst Good morning. I am Mark Wienkes, media analyst at Goldman Sachs, and next up we have here Meredith Corp. We have the CEO, Mr. Stephen Lacy, and CFO, -- sorry, VP and CFO, Joseph Ceryanec. Thank you both for being with us here today. I think you are going to start out with a presentation. Stephen Lacy - Meredith Corporation - President, CEO Thank you very much, and we are very, very pleased to be here and have the opportunity to visit with you this morning about our media and marketing assets and our performance improvement plan and what we are doing to grow the business as we look to the future. We have a little quick Safe Harbor slide, simply reminding you that we do have some forward-looking and non-GAAP financial measures that we will mention, and as a reminder of the factors that could impact our business over time. A quick look at the agenda today. First, I will provide an overview for some of you who are not as familiar with the Company, with...

...John McNulty - Credit Suisse - Analyst We're really happy to have DuPont with us today. As you know, DuPont is one of the dominant players in a whole host of areas, including the ag science and seed area. They are huge in the coatings arena, in electronic and safety. And they have been in that strength and strong position for quite a long time in all of those markets. And we think there is more to go going forward. Speaking for DuPont today, we are very happy to have Tom Connolly. Hopefully, a lot of you know him. He's DuPont's Chief Innovation Officer. He is also Executive Vice President. With Tom today, we also have Karen Fletcher and Franklin Silva, who head up their IR team. With that, let me turn it over to Tom, and you can hear more about DuPont. Tom Connelly - DuPont - EVP and Chief Innovation Officer Thanks, John, for those words of introduction. As we get started, let me draw your attention to the familiar language around forward-looking statements. And now I would like to focus...

...Ian Cheshire Kingfisher plc - Group Chief Executive Kevin O'Byrne Kingfisher plc - Group Finance Director C O N F E R E N C E C A L L P A R T I C I P A N T S...

...Jonathan Schildkraut - Jefferies & Co. - Analyst Great, well, it's my pleasure today to introduce Level # Communications. Now this is a name that Jefferies covers from both the debt and equity perspective. Romeo Reyes on the debt side, and myself on the equity side. Today we are lucky to have both CEO, Jim Crowe, as well as the CFO, Sunit Patel, presenting. I don't want to take up too much of their time, so I'm just going to hand it over to the management team here. Again, join me in welcoming Level # Communications. Jim Crowe - Level # Communications - CEO Thank you. Good morning, everyone. Sunit and I will take a bit of the next few minutes to run through rather quickly our prepared presentation.We'lltrytoleavesufficienttimeforquestionsandanswers.We'llstartwithasummaryintroductionofourCompany. We are a facilities-based provider of a broad range of IP optical services and the emphasis is on a facilities-based. We believe and have since the inception of the Company that owning your own...

...Brent Rakers - Morgan Keegan - Analyst Good morning, everyone. We're going to go ahead and get started. And people walk in as they get here, I guess. First of all, an introduction. I am Brent Rakers. I follow some of the industrial distributors, as well as Thomas & Betts for Morgan Keegan. Let me go ahead and just give my quick thought on Thomas & Betts. First of all, obviously, this company is a leader in the manufacturer of electrical products. They've been hugely successful over the last several years in integrating some wonderful acquisitions that have been highly accretive to results. They've also done a great job, and very progressive, I think, on the cost-cutting side over the last nine to ## months. With that, let me go ahead and introduce the speaker, Bill Weaver, who is currently Vice President and Controller. He will be the Chief Financial Officer in about two weeks, I think. With us at the podium, also, we have Tricia Bergeron from Investor Relations. Thanks. Bill Weaver - Thomas...

...William Sargent Auxilium Pharmaceuticals, Inc. - VP IR, Corporate Communications Armando Anido Auxilium Pharmaceuticals, Inc. - CEO, President Roger Graham Auxilium Pharmaceuticals, Inc. - EVP, Sales & Marketing C O N F E R E N C E C A L L P A R T I C I P A N T S...

...Ken Hoexter BAS-ML - Analyst Donald Broughton Avondale Partners - Analyst John Barnes RBC Capital Markets - Analyst Gary Chase Barclays Capital - Analyst Tom Wadewitz JPMorgan - Analyst Helane Becker Jesup & Lamont Securities Corporation - Analyst Edward Wolfe Wolfe Research - Analyst David Roth Stifel Nicolaus - Analyst William Greene Morgan Stanley - Analyst Jon Langenfeld Robert W Baird - Analyst #...

...Greg Nersessian Credit Suisse - Analyst Joshua Raskin Barclays Capital - Analyst John Rex JPMorgan - Analyst Scott Fidel Deutsche Bank - Analyst Carl McDonald Oppenheimer - Analyst Brian Wright Collins Stewart - Analyst Daryn Miller Goldman Sachs - Analyst Matt Perry Wells Fargo - Analyst OVERVIEW...

...Eric Briggle AMR Corporation - Managing Director of IR Gerard Arpey AMR Corporation - Chairman, President and CEO Tom Horton AMR Corporation - EVP and CFO CONFERENCE CALL PARTICIPANTS...

...Mary Ann Jackson Apogee Enterprises, Inc. - Director - IR Russ Huffer Apogee Enterprises, Inc. - Chairman & CEO Jim Porter Apogee Enterprises, Inc. - CFO C O N F E R E N C E C A L L P A R T I C I P A N T S...

...Chaz Jones - Morgan Keegan - Analyst Let's go ahead with our next presentation. C.H. Robinson -- we have John Wiehoff, Chairman and CEO, as well as Chad Lindbloom, CFO of the Company. It's a pleasure to have them today. Go ahead, John. John Wiehoff - C.H. Robinson Worldwide Inc. - President, CEO Thanks, Chaz, and thanks to everybody to take some time and listen to the C.H. Robinson story this morning. The presentation has four components to it. There's a brief overview portion which I'll go through fairly quickly, since most of you here, at least, are fairly conversant on the transportation industry. Then I'll talk primarily about the current environment and how we're reacting to the marketplace and then wrap up with our growth goals and financial results over the last ## years. So from an industry overview standpoint, C.H. Robinson sees itself as a third-party logistics provider. So we provide services in the transportation, logistics and supply chain arena. Some of the key metrics that...

...Mary Ann Victor Somanetics Corporation - VP and Chief Administrative Officer Bruce Barrett Somanetics Corporation - President and CEO Bill Iacona Somanetics Corporation - CFO C O N F E R E N C E C A L L P A R T I C I P A N T S...

...Kirsten Chapman Lippert Heilshorn & Associates - IR Bruce Wood Schiff Nutrition International, Inc. - President, CEO Joe Baty Schiff Nutrition International, Inc. - EVP, CFO C O N F E R E N C E C A L L P A R T I C I P A N T S...

...Kevin Maczka BB&T Capital Markets - Analyst Richard Eastman Robert W. Baird & Company, Inc. - Analyst Jeff Hammond KeyBanc Capital Markets - Analyst Adam Brooks Sidoti & Company, LLC - Analyst David Leibowitz Horizon Asset Management - Analyst Brian Drab William Blair & Company - Analyst P R E S E N T A T I O N...

...Jason Armstrong - Goldman Sachs - Analyst (Audio in Progress) -- Ed Mueller, the CEO of Qwest Communications. Ed joined Qwest as Chairman and Chief Executive Officer in August of ####. Prior to joining Qwest, he served as the Chief Executive Officer of Williams-Sonoma from January of '## to July of '##. And then before joining Williams-Sonoma, he was actually President and CEO of Ameritec Corporation, a subsidiary of SBC Communications from #### to ####. Before that also served as President of SBC International operations and President of Pacific Bell. So deep, deep experience within telecom. Ed, welcome this morning. Ed Mueller - Qwest Communications International, Inc. - Chairman and CEO Thank you, Jason. Good morning. Jason Armstrong - Goldman Sachs - Analyst Maybe I could just start out with sort of a very broad opening question and tie in a couple of things. First, just an update on what you are seeing in the business at this point? And second, if you could tie in recent leadership...

...Andrew Whitman Robert W. Baird & Company, Inc. - Analyst Marla Backer Hudson Square Research - Analyst David Loeb Robert W. Baird & Company, Inc. - Analyst P R E S E N T A T I O N...

...Sergey Vasnetsov - Barclays Capital - Analyst Thanks very much for coming. I would like to introduce Mr. David Johnson from Nalco. David Johnson - Nalco Holding Company - EVP and Pres. - EMEA Good afternoon. First introduce myself. I have worked for Nalco for ## years. Executive Vice President for Nalco and the Presidents (inaudible) are Africa and Middle East operations. So what I like to do is give you a little bit of an overview of what Nalco does and is, how (technical difficulties) ####, a little bit of depth about operations here in this region and particular problems we face. And also an outlook or a look forward in in terms of what Nalco is targeting as a company for the second half of ####. It is not widely known Nalco is a company around this region in particular, although we are intimately involved with industry as a whole. And so for ## years Nalco has worked intimately with many industries to minimize the environmental, social, and economic impacts of using water, energy and...

...Jonathan Schildkraut - Jefferies & Company - Analyst Continuing along in the data center track, it is my pleasure to have Equinix CEO Steve Smith, Senior Director of IR Jason Starr, presenting today. Similar with the last presentation, there are a couple of prepared slides, which the management team will walk through, and then we will move into a townhall-style discussion. Again, I have prepared a number of questions, but I do also encourage the audience to engage in the conversation. So with that, I will pass it off to Steve Smith, CEO of Equinix. Thank you. Steve Smith - Equinix Inc. - President, CEO Good morning. We don't have any prepared slides this morning, but let me start out and just kind of set the tone, and then Jonathan can stir us into some questions. First of all, any comments we would make today would be covered by any of our SEC filings, as you are well aware. But generally, at a high level, the business at Equinix is on track for our #### objectives, and we feel very, very...

...Bill Utt - KBR, Inc. - Chairman, President, CEO So as we start off, we have our typical disclaimer. I think everybody can read that in our written notes, so I won't spend much time on that. For those of you who aren't as familiar with KRB as John suggested, we have been public since ####. We've had a very good run of growth, and you can see that even in a very difficult environment over the last nine months, a year, we have continued to increase our revenues and our job income margins from that time. Our backlog remains very strong. At the end of last quarter it was $##.# billion; and the makeup of that was ##% reimbursable and ##% firm fixed price. We are interested in doing lump-sum work where it's appropriate. We also are able to have dialogs now with our customers where we can articulate and show them what our risk premium is between reimbursable and fixed-price projects. But for the time being, we've seen a lot of the gravitation -- largely because of themarketvolatilitiesandrisksthatwe'veseenoverthelastcoupleyears--toseemostoftheworkcominginbeingreimbursable....

...Cary Turner - Pier # Imports, Inc. - CFO, EVP Thank you, Nancy. Earlier today, we reported a net loss of $## million, or $#.## per share for the second quarter, compared to a net loss of $## million, or $#.## per share for the year-ago period. Year-to-date net income was $## million, or $#.## per share, compared to a net loss of $## million, or $#.## a share last year. Total to sales for the second quarter declined to $### million from $### million in the year-ago quarter. Comparable store sales for the quarter declined #.#%, which can be attributed to a reduction in traffic. Without the effects of the Canadian currency conversion rate, comparable store sales for the quarter declined #.#%. Year-to-date, total sales declined to $### million from $### million in the year ago period. Comparable store sales for the first six months declined #.#%. Without the effects of the Canadian currency conversion rate, the decline in comparable store sales was #.#% for the first six months. Merchandise...

...KKPNY.PK announced that Carla Smits, Corporate Controller has been appointed as the new CFO to Co.'s Board effective ##/##/##. PRESENTATION SUMMARY...

...Art Hatfield - Morgan Keegan - Analyst It is time to get going. We are glad to have Ryder System here with us today. Presenting for us will be Robert Sanchez, who is Executive Vice President and CFO of the Company, and with him is Bob Brunn, who is the Vice President of Investor Relations. I believe Robert will be giving the presentation. I don't have any disclosures today. I think this is a good story to hear about. I think Ryder could be a good leading indicator on the economy getting better with so many different facets of their business engrained in the different parts of the economy. Additionally what they do on the used vehicle side in their fleet sales business of used vehicles could be a good leading indicator that things have stabilized at least in the trucking environment. Again, we have an outperform rating on the stock. Our estimate this year is $#.## and for #### is $#.##, and with that, I will turn the time over to Robert Sanchez. Robert Sanchez - Ryder System, Inc. - CFO...

...Ross Taylor - CL King & Associates - Analyst I think we will go ahead with our next presentation. We now have Tom Fuller, Chief Financial Officer of VCA Antech. I think most of you all know that VCA Antech has two primary businesses. They are the largest operator of veterinary retroplast in the US with about ##% market share, and they also have a chain of veterinary hospitals, about ### hospitals here in the US. So with that, I'll turn it over to Tom. Tom Fuller - VCA Antech, Inc. - CFO, VP & Secretary Thank you, Ross. I'll give you all a chance to speed read the Safe Harbor. Obviously, great to be here and Ross does a great job. It was also a treat today, actually. I don't know if -- those of you who were just at the last presentation with IDEXX. It was a treat for me actually, after many, many years of being on the road with them, actually getting to their presentation. And we are both, I think, great companies, terrific companies in a really great, great market. So I think the two companies...

...Brian Walker Herman Miller - President, CEO Greg Bylsma Herman Miller - CFO Jeff Stutz Herman Miller - Treasurer, VP IR C O N F E R E N C E C A L L P A R T I C I P A N T S...

...Jason Armstrong - Goldman Sachs - Analyst Okay,we'rereadytogetstartedwithournextsessionthismorning.I'mJasonArmstrong,thetelecomservicesanalystatGoldman Sachs. Welcome to everyone that's just shown up. We are really pleased to have Dan Hesse, the CEO of Sprint with us this morning. He was named Chief Executive Officer of Sprint Nextel on December ## of ####. It's been a busy time frame since then. Prior to his appointment, Dan was the Chairman and CEO of Embarq Corp. Many of you know him from that role. He also spent ## years at AT&T. From '## to ####, he served as President and CEO of AT&T Wireless, which, at the time was the largest wireless operator in the US. So Dan, welcome. Dan Hesse - Sprint Nextel Corporation - CEO Thanks, Jason. Good to be here. Jason Armstrong - Goldman Sachs - Analyst Lots of stuff to get through. And I'll turn it over to you for some opening comments, but I wonder if you could layer in on a lighter note, you're back in the ads, so if you can put some context...

...Jason Armstrong - Goldman Sachs - Analyst We'll go ahead and get started as everybody gets seated [with] the next presentation. I am Jason Armstrong, the telecom equity analyst at Goldman. Really pleased today to have Randall Stephenson back at Communacopia. Randall is the Chairman, Chief Executive Officer and President of AT&T. He's been in that role since ####. Previously served as the Chief Operating Officer for the Company from #### to ####. And prior to that, as many of you know because you've dealt with him, was Chief Financial Officer of the Company from '## to '##. Randall, Welcome. Randall Stephenson - AT&T - Chairman, CEO Thank you. Good to be here. Jason Armstrong - Goldman Sachs - Analyst I'll turn it over to you for some opening comments. Randall Stephenson - AT&T - Chairman, CEO Okay, I guess first I'll start out by telling you that comments today may contain forward-looking statements. And additional information is available in our SEC filings and on our website. I guess...