Catholic High School has contracted with Piccadilly Restaurants to provide food services, including breakfast, lunch and after-school snacks for students and faculty, according to a news release from Catholic High School.
“Our agreement with Piccadilly will continue to improve our food services at Catholic High School by providing a variety of foods and nutritional meals at a lower cost to students,” said Catholic High President Gene Tullier.
Piccadilly, founded and based in Baton Rouge but purchased by a Los Angeles equity firm in 2004, has about 100 restaurants and 50 food service operations located in the Southeast.
It created a new division at Piccadilly in 2006 to begin providing meals to schools and businesses.
Catholic High was founded in 1894 and has an enrollment of 1,035 boys in grades 8-12 and 117 faculty and staff.
PHI reports drop in income
Lafayette air transportation company PHI Inc. reported its net income for the three months ended June 30 was $700,000, compared to $7.1 million for the same period last year.
PHI provides helicopter transportation and related services to a range of customers, including the oil and gas industry, air medical industry and third-party maintenance services to select customers.
Operating revenue for the quarter totaled $136.0 million, compared to $139.6 million for the same period last year.
Flight hours for the quarter totaled 38,734, compared to 40,258 a year earlier.
Cleco profits from generating unit sale
PINEVILLE — Power provider Cleco Corp. said Wednesday that it nearly doubled its second-quarter profit after selling a power generating unit to Entergy Corp.
The company also raised its 2011 earnings forecast.
For the three months ending June 30, Cleco earned $70.2 million, or $1.15 per share, compared with a second-quarter profit in 2010 of $35.2 million, or 58 cents per share. Revenue fell to $272.9 million from $275.9 million.
Cleco posted a one-time 63-cent-per-share gain from the sale of one of the two generating units at the Acadia Power Station.
The company raised its 2011 profit guidance from a range of $2.25 to $2.35 per share to a range of $2.30 to $2.40 per share.
EPL increases profit in second quarter
NEW ORLEANS — Independent petroleum producer Energy Partners Ltd. rode high oil prices and a one-time gain to a second-quarter profit of $25 million, or 62 cents per share, on revenue of $92.8 million.
In the year-ago second quarter, the company lost $4.6 million, or 12 cents per share, on revenue of $58.2 million.
EPL had a non-cash gain of $11.7 million, primarily because of unrealized gains.