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Five Star Quality Care, Inc.

(AMEX:FVE)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Five Star Quality Care, Inc.
400 Centre St.
Newton, MA 02458
MA Tel. 617-796-8387
Fax 617-796-8385

Type: Public
On the web: http://www.fivestarqualitycare.com
Employees: 17,018
Employee growth: 116.7%

Five Star Quality Care aims to become the long-term care industry's Five Star provider. Operating in 29 states, Five Star Quality Care runs more than 160 senior living facilities with around 18,000 living units. Five Star's facilities consist of nursing homes, senior apartments, independent living apartments, and assisted living suites. Services include skilled nursing, and hospice care, rehabilitation, occupational therapy, nutritional support, and social and recreational services. In addition, Five Star Quality Care operates a handful of pharmacies and two rehabilitation hospitals, as well as more than 20 affiliated rehabilitation clinics.

Key numbers for fiscal year ending December, 2007:
Sales: $972.9M
One year growth: 17.6%
Net income: $23.3M

Officers:
President and CEO: Bruce J. Mackey Jr.
SVP COO and Chief Clinical Officer: Rosemary Esposito
CFO and Treasurer: Francis R. Murphy III

Competitors:
Brookdale Senior Living
Sun Healthcare
Sunrise Senior Living

 
 
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Wikipedia: Five Star


Five Star on the cover of their "Treat Me Like A Lady" single from 1990
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Five Star on the cover of their "Treat Me Like A Lady" single from 1990

Five Star (aka 5 Star) is a British pop / R&B group, from Romford in Essex, England which was formed in 1983.

Band members

The group was comprised of three sisters, and their two brothers.

Biography

Known for their glamorous image, distinctive matching costumes and heavily choreographed dance routines, Five Star were one of the UK's biggest musical acts between 1985 and 1990. In the summer of 1986 they became the youngest act ever to top the album chart with their million seller, Silk and Steel, which later went on to yield a record total of seven single releases, a record number at the time (which was bettered by Michael Jackson's eighth single release from Bad in 1989). In June 1986, Five Star declined George Michael's offer of being support act at their Wham! "The Final" tour.

The group from the East London suburb of Romford was put together by their father, Buster Pearson (born in Jamaica and former session musician with Wilson Pickett), who also acted as their manager. Pearson also set up Tent Records Inc. to release the group's material. Considered by many to be a British version of The Jacksons, they went on to have many UK hits between 1985 and 1990, scoring their biggest success in 1986 with Top 10 singles "System Addict", "Can't Wait Another Minute", "Find The Time" (both produced by Richard James Burgess, "Rain Or Shine" and their multi-platinum selling album Silk And Steel. Further Top 10 hits "Stay Out Of My Life" (penned by Denise) and "The Slightest Touch" followed in 1987 as well as a BRIT Award for Best British Group. 1987 also saw the release of their successful third album, Between The Lines, which featured the Diane Warren-penned hit, "Strong As Steel".

Their squeaky clean image made the group as popular with the press as the record buying public, and many tabloids ran stories of the Pearsons' everyday and private affairs, most notably Lorraine's engagement to Eddie Murphy in 1988 and the group's move to a huge mansion, Stone Court, in Berkshire complete with CCTV and alarmed security gates. This overt attempt by their father at keeping Five Star's business away from public gaze only fuelled further interest and over-embellished stories of 'private nightclubs' and 'Neverland-style fairgrounds' for the siblings' private use. In some respects the fantasy element to these tales and many others inevitably began to overshadow the music being produced (which had always been the group's main interest over publicity).

In 1988, the group felt they had taken the unique musical sound that made their name as far as it could go and changed their direction to a more adult-oriented, leather-clad disco/rock/dance act (led by a 1988 Leon Sylvers III produced single "Another Weekend"). The harder edge and distinct Jackson feel to the sound shocked many fans who thought they had begun to lose direction by pandering to pop trends rather than staying ahead of the game. Despite the moderate success of the album Rock The World (a rather misguided title for a project featuring a wide range of musical styles), which included a rousing rock anthem "There's A Brand New World" (written by Denise), the record sold less well than earlier releases.

With the consistently high quality of material being released continuing into the following year, the group's popularity had dramatically declined, and by late 1989 their Greatest Hits collection peaked at a lowly No.53 on the album chart. Also in 1989, the group made an infamous appearance on British TV show Going Live, on which they were verbally abused by a teenage phone-in caller. Apparently at loggerheads with RCA, Buster signed the group to Epic Records the following year, and an entirely self penned, self produced album Five Star was produced within the walls of their family home. Despite heavy promotion, the two singles from it "Treat Me Like A Lady" and "Hot Love" failed and a planned third single "What About Me, Baby?" was shelved, with the UK release of the album also abandoned. The Pearson family realised they had, over the course of five short years, been adored 'British pop heroes', then later portrayed as a 'freak family' by the fickle British media which had, in turn, damaged their commercial success and credibility. Seeking fresh opportunities and a new audience they moved to America in late 1990 amid reports of bankruptcy.

1991 saw the release of the slick, American-sounding Shine album, and later the more laid back, mature Heart And Soul (1994) which had a distinct RnB direction. The following year, Five Star brought the album to the UK, with considerably less press coverage than previous years. Whilst the album didn't set the charts alight, it was nevetheless a return to form for fans and critics alike. It was around this time the group took their first big break from the music scene and became more involved enjoying their new-found anonymity in adulthood. Denise got married and had children and Delroy went into musical production, achieving big success in the U.S. charts.

In 2001, Five Star's 31st official single release "Funktafied" was a hit on the US R&B chart and a minor hit on the Billboard Hot 100 (the first time they had featured on it since 1988). Five Star returned to the UK in 2002 (albeit now a trio comprising Stedman, Denise and Lorraine) to perform on various tours (which have included the 2002 Here and Now nostalgia tour). Later on, and after long delays, "System Addict" was re-recorded and re-released in 2005 to a weak response from the record buying public. A planned re-release of "The Slightest Touch" was cancelled. Nevertheless, plans for all five members to regroup and record new material in a full scale come-back were discussed for 2006/7. Part of these plans included a multi-million pound record deal, national tour and fly-on-the-wall TV documentary. However, only three members expressed interest and negotiations ground to a halt. After a disastrous gig at UK holiday resort Butlins in October 2006 (whereby all 5 members were billed but, on the night, three impersonators turned up), Lorraine announced her departure from the lineup, whilst Stedman and long-lost member Doris forged ahead recording solo material. Despite no official statement from the group, it is widely assumed that Five Star have disbanded for good.

The future for the Pearson's seems to be rooted in solo careers for at least three members: Stedman's solo album, as yet untitled, is complete and ready for a release date in the UK in Spring 2007. It will be showcased in London in February to the public, journalists and music industry members. Updates of his activity can be obtained from his myspace page. Doris is yet to reveal when her completed solo songs will see commercial release. They can currently be heard on her Myspace page. Denise recently revealed she too is currently working on Solo material. A Myspace page will launch this year. Delroy continues to live in LA with his family producing for U.S. music acts. Lorraine has so far not revealed any ambitions to pursue a musically-related career. In March 2007, the group's record label, Sony BMG, released a brand new compilation DVD of all their hit music video's called "Five Star Performance" which reached No.4 on the DVD music charts.

Discography

Albums

Singles

DVD

External links


 
 

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