Stanley Furniture Provides Earnings Guidance for 2014
February 04, 2014 at 09:00 am
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Stanley Furniture provided earnings guidance for 2014. The company has approximately $1.5 million of capital expense of plan for 2014. These expenses will occur mostly in the back half of the year.
The company expects depreciation and amortization to be about $2.5 million for the full year of 2014, $1.9 million for depreciation and about $600,000 for amortization. And the company expects the interest expense related to legacy deferred comp plan to be about $3 million this year.
HG Holdings, Inc. is engaged in the business of providing title insurance and tile agency services. The Company's segments include title insurance, real estate, reinsurance, and management services. The title insurance segment issues title insurance policies and provides title agency services for residential and commercial real estate transactions. This segment also provides closing and/or escrow services to facilitate real estate transactions. The real estate segment is engaged in rental real estate through its equity investment in HC Realty. The management services segment, through its subsidiary, HG Managing Agency, LLC, is engaged in providing various management advisory services such as legal entity formation, licensure, regulatory approval, assumption of policies, and other general operational services. Its subsidiaries include National Consumer Title Insurance Company; National Consumer Title Group, LLC; Title Agency Ventures, LLC, and HG Managing Agency, LLC.