Early Briefing: Before Allied's Earnings
It's Monday, which means the Business section goes all local. This week, Michael Rosenwald takes a look at Allied Capital, the District-based buyout firm that's scheduled to report earnings today.
"This is life-or-death time for Allied," said Troy Ward, an analyst at Stifel Nicolaus. The company said almost two weeks ago that it had defaulted on debt agreements, and analysts and investors are watching how the company plans to deal with its debt.
Tom Heath's Value Added this week looks at Big Wheel Bikes and how it's doing in the downturn.
"I always make money," said owner Mike Sendar, who is 62 and started selling bikes in 1971. "I wouldn't be in business if I didn't make money."
Kim Hart in the Download talks with Frank Gruber and Eric Olson, who put on Tech Cocktail events in various cities and held a meeting in Adams Morgan last week, as well as the new class of MindShare participants and a group of venture capitalists.
Also, a Maryland State Department of Education analysis points to a 3 percent decline in private school enrollment in its eight-county suburban region from fall 2007 to fall 2008. Bigger, bolder open-house signs popped up outside the front gates of nonpublic schools. Some have extended application deadlines. Many are seeking to limit tuition increases.
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