Celebrate Nova Scotias Forests

first_imgWoodland owners and Nova Scotians interested in the outdoors are invited to enjoy the province’s forests through a series of field days, beginning Saturday, Sept. 17, to help celebrate National Forest Week. “I invite families and individuals to take part in the field day activities and to learn, explore, and enjoy the forests,” said Natural Resources Minister Lloyd Hines National Forestry Week runs from Sept. 18 to 24. The field days, held Saturdays between 9 a.m. and 4 p.m., will be hosted by a different 2016 Woodland Owner of the Year each week. Visitors to the woodlots can enjoy family-friendly activities, experience trails and learn about forests and being a woodland owner. Lunch will be available for purchase. The award winners were recognized earlier this year as outstanding woodland stewards who encourage sustainable woodland management and increase public awareness of the importance of private woodlands. Award presentations will begin around 12:30 p.m. on the following dates: — Sept. 17, eastern region recipients Frank and Lelia Machnik will welcome visitors to their woodland in Bayfield, Antigonish Co. — Sept. 24, central region and provincial recipients Matthew and Bonnie Harrison and family will host a field day on their property in Lynn Mountain, Cumberland Co. — Oct. 1, western region recipients Larry and Greta Goodwin of Hillgrove, Digby Co., will share their woodland with visitors To be eligible, nominees must own 20 to 2,000 hectares of woodland in Nova Scotia. Nominations are evaluated by a committee of foresters, wildlife specialists, industry representatives, previous winners and environmental or forestry students. Evaluation criteria include integrated resource management with an emphasis on wood production, commitment to sustainable goals, wildlife habitat protection, enhancing recreation opportunities, forest knowledge, and their woodland’s health. For more information, visit http://novascotia.ca/woodlandaward.last_img read more

Tapestry offers downbeat outlook and its stock tumbles

NEW YORK — Tapestry Inc.’s shares lost nearly a quarter of their value Thursday after the upscale handbag and fashion company said that it would have an unexpected drop in profit and revenue in the current quarter.The New York-based company, which owns the Coach, Kate Spade and Stuart Weitzman labels, said it expects its revenue in its fiscal first quarter will be slightly below the same three-month span last year and its earnings will decline. Its business is most notably being dragged down by the Kate Spade brand, which it bought in 2017 and has yet to see a turnaround.Tapestry’s stock was down $6.05, or 24%, at $18.95 in afternoon trading.During a conference call, Tapestry’s CEO Victor Luis said the company needs more time to revive the Kate Spade brand.“We acknowledge that there are opportunities and are addressing those areas with a sense of urgency,” he said.Kate Spade had sales of $332 million in the fiscal fourth quarter, compared to $312 million in the prior year. Global sales at stores opened at least a year fell 6%.Tapestry reported fiscal fourth-quarter earnings of $148.9 million, down from $211.7 a year ago.On a per-share basis, the company said it had profit of 51 cents. Earnings, adjusted for costs related to mergers and acquisitions and non-recurring costs, were 61 cents per share. That matched expectations of Wall Street analysts polled by Zacks Investment Research.The company posted revenue of $1.51 billion in the period, which fell short Street forecasts. Nine analysts surveyed by Zacks expected $1.53 billion.For the year, the company reported profit of $643.4 million, or $2.21 per share. Revenue was reported as $6.03 billion._____Elements of this story were generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TPR at https://www.zacks.com/ap/TPRThe Associated Press read more