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Non-Tech : Krispy Kreme Doughnuts, Inc. (KKD) -- Ignore unavailable to you. Want to Upgrade?

To: Jon Koplik who wrote (978)	5/9/2006 8:37:50 PM
From: Jon Koplik	Respond to of 1001

Dow Jones News -- Krispy Kreme In Deal To Bring Stores To Middle East ........................... May 9, 2006 5:43 p.m. Krispy Kreme In Deal To Bring Stores To Middle East DOW JONES NEWSWIRES Krispy Kreme Doughnuts Inc. (KKD) has inked a deal with a Kuwait-based company that will bring approximately 100 of the doughnut chain's stores to the Middle East over the next five years. The agreement, which gives Americana Group 100% ownership of the franchise in the region, calls for the first Krispy Kreme outlet to open in Kuwait by early fall. Shares of Krispy Kreme ended the regular session up 2.4% at $10.34. -William Spain; 415-439-6456; AskNewswires@dowjones.com Copyright © 2006 Dow Jones & Company, Inc. All Rights Reserved.

To: Jon Koplik who wrote (978)	6/6/2006 10:53:40 PM
From: Jon Koplik	Respond to of 1001

UPDATE: Krispy Kreme Awards Franchise To Hong Kong Group ..................... DOW JONES NEWSWIRES June 6, 2006 3:08 p.m. RALEIGH, N.C. (AP)--Krispy Kreme Doughnuts Inc. (KKD), recovering from internal accounting problems that led to investigations and the ouster of its chief executive, said Tuesday it was again looking abroad to reach new markets. The Winston-Salem, N.C., snack maker said it has awarded rights to Krispy Kreme Hong Kong Ltd. to establish sales outlets on the prosperous islands of Hong Kong and Macau. The owners of the franchise already operate other restaurants in Hong Kong and Vietnam. "This development agreement represents another step forward in the company's turnaround," Krispy Kreme President and Chief Executive Daryl Brewster said in a prepared statement. The first store is expected to open in Hong Kong this fall, according to Krispy Kreme. Last month, Krispy Kreme said it awarded Middle East development rights to a group that would open 100 locations in the next five years in Egypt, Kuwait, Saudi Arabia and the United Arab Emirates. In both China and the Middle East, Krispy Kreme will have no ownership position in the franchisee. Krispy Kreme also has stores in Australia, United Kingdom, Canada, Mexico and South Korea. While Krispy Kreme said it sees international markets as a growth opportunity, the company has been selling off its ownership stake in its ventures with foreign partners. In November, Krispy Kreme sold its 35% equity in the partner developing markets in Australia and New Zealand. A month later, the company agreed to sell its 35% stake to its partner in the United Kingdom. But in April 2005, Krispy Kreme was forced to take over its Canadian developer's approximately 60% share when KremeKo Inc. filed for bankruptcy protection. As of January, 68 Krispy Kreme stores operated internationally, up from 37 the previous January. Krispy Kreme continues to be under investigation by the Securities and Exchange Commission and federal prosecutors. A special committee of independent directors blamed much of Krispy Kreme's financial problems on former chief executive officer Scott Livengood and another executive. Krispy Kreme shares recently fell 4 cents, or 0.5% to $8.75. Copyright © 2006 Dow Jones & Company, Inc. All Rights Reserved.

To: Jon Koplik who wrote (978)	7/12/2006 12:13:54 AM
From: Jon Koplik	Read Replies (1) \| Respond to of 1001

WSJ -- SEC Weighs Tougher Stance On Naked Short-Selling ...................................... July 12, 2006 SEC Weighs Tougher Stance On Naked Short-Selling By KARA SCANNELL The Securities and Exchange Commission, responding to criticism that it hasn't done enough to curb naked short-selling, is expected to propose changes to a current rule that would reduce the number of open short positions in stocks. The proposed amendments to Regulation SHO, a collection of rules on short-selling, come amid heightened attention to the legitimate trading practice of making bearish bets on firms. Short-selling is when a trader borrows shares then sells them with the hope the stock drops, so he can buy it back later at a lower price, locking in a profit. More controversial is naked short-selling, which is when a trader never intends to borrow shares to cover his position. Naked short-selling is illegal in most instances, except when done by a market-maker to maintain liquidity in a stock. The SEC adopted Reg SHO, in part, to reduce naked short-selling. Since it took effect in January 2005, the number of companies that have open short positions has dropped by some estimates as much as 20%, although critics have said that is insufficient. Recently, allegations of naked short-selling and manipulative trading have caught the attention of Capitol Hill, where two senators called for stepped-up scrutiny by the Justice Department. Some corporate chiefs have engaged in a public-relations war, railing against short-sellers that have targeted their stock, and the SEC has launched at least one investigation into potential market manipulation involving short-sellers. Reg SHO requires brokers to locate a security to later borrow to cover the short position. It also established threshold lists of stocks that meet certain conditions, such as more than half of 1% of its shares outstanding haven't been delivered to the counterparty on the date they were due for five consecutive business days. Once a security is on a threshold list, a broker with new short positions needs to close out any failed trades within 13 business days. The idea is to reduce outstanding shorts on those stocks. The SEC included a grandfather provision that exempted delivery failures that existed before a company became a threshold security, meaning open failed positions that existed before a company made the list remain. At the time, the SEC said it did so out of concern it might create volatility through a short squeeze. Today at an open meeting, the SEC is expected to vote to amend Reg SHO and eliminate the grandfather clause, which could benefit heavily shorted companies. Eliminating the grandfather clause would force brokers to buy in some positions on threshold-listed securities that were made before the companies made the list. The SEC is also weighing whether to change a provision that allows market makers to have naked short positions. If the changes to the rule are voted, as expected, they will go out for public comment for at least 30 days. Write to Kara Scannell at kara.scannell@wsj.com Copyright © 2006 Dow Jones & Company, Inc. All Rights Reserved.