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Author Topic: Brooke Capital Announces Operating Initiatives and Schedules First Quarter Financial Results and Conference Call  (Read 765 times)

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Brooke Capital Announces Operating Initiatives and Schedules First Quarter Financial Results and Conference Call
           


<p>PHILLIPSBURG, KS--(Marketwire - May 5, 2008) -  Brooke Capital Corporation (<exchange name="AMEX">AMEX</exchange>: <ticker name="BCP">BCP</ticker>)
announced that it has reduced its staff by approximately 17% by reducing
its workforce at its Overland Park and agent service centers effective May
2, 2008.  This and other expense reduction initiatives have been
implemented as the result of: 1) a reduction in the rate of monthly
franchise royalties charged to franchisees, and 2) a reduction in the pace
of new franchise recruitment primarily as the result of the continuing
restricted credit market environment.

           

http://www.marketwire.com/mw/release.do?id=851905&sourceType=3
           
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