Staff reports

Pomeroy expects healthy earnings

Hebron computer sales and service provider Pomeroy IT Solutions Inc. said earnings and revenues for the just-completed third quarter should exceed estimates.

The company said share earnings for the third quarter should be in the range of 19 to 21 cents versus estimates of flat to slightly above the second quarter's 16 cents a share. Revenues for the quarter should be about $158 million versus estimates of flat to slightly above the second quarter's $147 million.

Pomeroy will report third-quarter results Nov. 11.

P&G still on hook with Vidal Sassoon

A federal judge in Los Angeles has denied a motion by Procter & Gamble Co. to dismiss the lawsuit filed by legendary hair stylist Vidal Sassoon against P&G.

Sassoon filed the complaint in April, claiming that P&G had "systematically decimated my brand" by withdrawing marketing and other support. The ruling eliminates one barrier to the case proceeding to trial.

P&G responded that it was "confident that all charges will be found to be without basis once we have the opportunity to fully present our case to the court."

WOXY runs strong with Internet ratings

Tiny Oxford radio station WOXY-97.7 FM has a Webcast reach that ranks with some of the big dogs of American media.

According to the Sept. 29-Oct. 5 Arbitron National Internet Broadcaster Ratings, WOXY.com is ranked as the 14th most popular radio Webcast in the nation - a move from No. 21 in May.

The alternative rock radio station's Web site, which broadcasts alternative music, also has the top-ranked alternative radio station Web site in the U.S., according to the ratings. It had 22.6 million Web page views since January.

Arbitron is a national company that monitors radio listeners.

Managed accounts offered to wealthy

PNC Advisors has launched a managed account for wealthy and institutional clients, giving them access to independent money managers with expertise in various asset classes and investment styles.

Clients will have access to almost 20 account managers, allowing greater flexibility in portfolio management.

PNC Advisors, a unit of the parent of PNC Bank, has about $4 billion in assets under management for such clients in Greater Cincinnati.

Chiquita sells share of palm-oil venture

Chiquita Brands International Inc. has sold its 50 percent interest in Mundimar Ltd., a palm-oil joint venture in Honduras, the company said Tuesday. Chiquita sold the stake to its partner, Andalusia Investments Ltd., for about $21 million in cash. The banana giant will record a fourth-quarter gain of $7 million.

The sale is another step by Chiquita in selling its non-core assets and consolidating around its banana and fresh-fruit operations.