Author: James Fishman

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What do Pete Sampras, and Wayne Gretzky Have in Common?

…and the answer is Charity.

Pete Sampras, and Wayne Gretzky have made the world a little bit better by giving their money to Charity.

Pete Sampras – Avon Breast Health Access Fund, Children’s Make a Wish Foundation, United Cerebral Palsy, and more

Pete Sampras was always a likable tennis great, but off the court he makes the difference in many charitable organizations. Here are just some of the many charities that Pete Sampras gives to:

  • The Kid’s Stuff Foundation
  • The Vitus Gerulaitis Youth Foundation
  • Revlon/UCLA Breast Center
  • Avon Breast Health Access Fund
  • American Cancer Society (member of the Public Awareness Board)
  • United Cerebral Palsy
  • The Silver Lining Ranch
  • Elton John’s Aids Foundation
  • Arthur Ashe Foundation for the Defeat of Aids
  • Children’s Make a Wish Foundation
  • Bill Johnson Tennis Foundation (Philadephia)

Wayne Gretzky – Wayne Gretzky Foundation

Besides starting his own his own charity foundation which has raised money for tzunami aid relief, Wayne Gretzky has donated time and money to the follow charities:

  • Casey Lee Ball Foundation
  • MedicAlert Foundation
  • Oxfam
  • Starkey Hearing Foundation
  • Watering Seeds Organization
  • Wayne Gretzky Foundation

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Lower profits for Domtar

Domtar announced its financial results for the second quarter of 2010. It reflects a net profit of $ 31 million compared to $ 58 million for the first quarter.

This decline in earnings for Domtar is primarily attributed to a loss on the sale of its timber worth $ 50 million . It also includes costs for the acquisition of part of the company’s long- term debt and a charge of $14 million related to the loss and write down of fixed assets and closure costs and reorganization of $5 million .

“We continue to effectively carry out our task to produce solid financial results , “said President and CEO at Domtar, John D. Williams in a release . I am pleased that these efforts, combined with our successful bid to repurchase a portion of the long-term debt have been recognized by rating agencies.”

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Indeed, with the exception of items listed above , the company recorded earnings of $ 116 million . The action is therefore amounted to $ 2.67 versus $ 1.59 for the first quarter of 2010 . The rating agencies have therefore recognized the efforts of Domtar to improve their situation.

According to the company’s forecasts , shipments of paper should remain stable during the third quarter. They are expected to decline late in the quarter because of seasonal factors.