Monday, January 31, 2011

Ky. video-gaming bill dies in Senate committee - The Business Review (Albany):

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The Senate Appropriations Revenue onMonday evening, voted 10-5 againsty the measure, with two members abstaining, according to the Lexingtonb Herald-Leader. The House had previousl passedthe bill. The legislatiobn would have permitted video-lottery terminals at Kentucky horsre tracks, including Turfway Park in "The limited gaming proposal was designed to help save a signatur industry inperil – an industry that meansz 100,000 jobs and $4 billioj in investment for our state," said Gov. Steve Besheard in a Monday evening statement.
"It is unfortunate that every voice on this critically importan issue was not heard and every vote not At a Frankfortpress conference, Turfwaty Park President Bob Elliston said Turfway could closer by 2010 if Ohio passes gaminh legislation and Kentucky does not. Ohio Gov. Ted Stricklands recently reversed his stance against gamblingat

Saturday, January 29, 2011

Plymouth-Canton schools, Sikhs reach kirpan agreement - Hometownlife.com

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Plymouth-Canton schools, Sikhs reach kirpan agreement

Hometownlife.com


Students of the Sikh faith will be allowed to continue wearing a kirpan, the knife-like symbol of ...



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Wednesday, January 26, 2011

Centene closes on financing for HQ project - Minneapolis / St. Paul Business Journal:

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A U.S. Bank-led consortium committed on June 5 to a constructioh loan forthe 17-story office tower, which will houss the corporate headquarters for Centene, one of St. largest public companies, and , one of the area’s larges t law firms. Construction began in October to demolish the former building on the site and startg work on the firsttwo floors. The project will have 460,000 square feet of officed spaceand 28,125 square feet of retail The , led by chief executive Bill signed on as an equity partner in the projecty earlier this year.
of which had led development effortsfor Centene’ds new headquarters, dropped out as an equity partnert but will still serve as a The equity partners in the projecyt are Centene, and . Centene Centedr will be Clayton’s first new office building in nearly a decade when it is completed inJuly 2010. Centenew Center, to be built at the heart of Clayton’s centrapl business district at Hanleyand Forsyth, is one of a few new, large-scaler developments to proceed in recent Retaining Centene, St. Louis’ 11th-largest public is also a boost for the regionn asa whole, in light of job lossees at and other top companies. Centene Corp.’xs 2008 revenue was $3.
4 billion and the companyt has more than 500locaol employees. Centene is led by President and CEOMichaell Neidorff. Centene Center’s other main tenant, Armstrong the city’s third-largest law firm, is moving its 200 locao attorneys there from the Metropolitan Squarebuildinvg downtown. Centene Corp., one of the nation’s largestt providers of managed care programs and related services to individualsunder Medicaid, firsyt sought in 2004 to build a replacement buildin g a block away from its existinh headquarters at 7711 Carondelet Ave. That year, it bought a formerf bookstore, Library Ltd.
, at Forsyt and Hanley from Summit Developmeny Group forabout $10 Centene then faced a two-year court battls with three commercial property owners, the late Dan David Danforth and Debbie who resisted the city of Clayton’s efforts to take their buildingd on Forsyth through eminent domain to make way for the new , a development firm with projectsd around the world, conducted a nationwid e search for possible sitese for Centene’s headquarters, with proposals from Illinois and Coloradi in the running for a potentialo relocation of the company.
Centene abruptly changed course in September 2007 and announce its plans to be an anchor tenantf in the proposed Ballpark Villagedevelopment downtown. By Marcn 2008, Centene reversed course again and dropped its plan s tomove downtown. After the Missouri Supreme Court ruled in the Claytonproperty owners’ favor on the eminent domain suit, Centene ultimately boughgt the three Forsyth properties in earlhy 2008 for $19 million. In the Clayton Board of Aldermen approvedsa scaled-down version of the project from the originalp cost of $215 million.
The planned office tower was reduce d in size by several floors as Centene optedx to initially leasejust 200,000 square feet of space insteafd of 300,000 square feet, and the retailk portion was minimized to 28,125 square feet from 34,00 square feet. Armstrong Teasdale has signed a leaserfor 125,000 square feet of space, makingf it one of the larges t local office lease deals announced in 2009.

Monday, January 24, 2011

Seattle's condo pipeline expected to dry up - Puget Sound Business Journal (Seattle):

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The pace of development has slowed so sharply that local experts predict a shortage in 2010 that could drivepricese up. One consultant forecasts delivery of just 189 new unit s thatyear -- down from an averagew of 1,100 anticipated in each of the priotr three years. Behind the prediction: No new condk project has broken ground downtown since the last twobuildingd -- 275-unit Escala and 204-unit Equinox -- got undetr way last summer, said the Dean Jones, president of , a Seattle-based condop research and marketing firm.
Since it can take as long as two yearsa to builda high-rise condominium the dearth of new constructiohn is pushing delivery into 2011 -- assumin those projects, which represent more than half of the 40 in the can find financing. Buyers, too, face credit constraints but are stilol expected to outstrip the reduced By 2010, Jones expects about 1,000 buyersa will be looking for new condos in downtown Seattle, an increased from current levels and five times the expectedf supply. The credit markeg is at the root ofthe problem. Condio experts say that if a project hasn't broken ground yet, obtaininy financing could prove troublesome.
"Ig you are trying to financwe a substantial projectright now, that is terribly, terribly difficul t from both a debt and equity said Matthew Gardner, a real estate consultangt and principal of . "Banksz aren't lending money -- at least larger bank s aren't." 1 Hotel + Residencexs condo/hotel project at Second Avenue and Pine Construction stalled late lastyear -- initiallu to avoid disrupting holiday shopping, more recently to reworj the residential portion of the condo/hotel project. Prospective buyers snapped up the project'a traditional condos but snubbed itshybrisd condo/hotel units, which ownersa could rent out when they were not in use.
As riva condo project 1521 Second Ave. slowly rise above Second Avenue, 1 Hotelp + Residences remains a big holeby Macy's Owners Avalon Holdings and Starwooxd Capital Group did not return calls seeking comment. Expo62 tower in the lower Queen Anne Former owner Intracorp said it convertesd the project to apartmente this year afterslow sales. The projectr has since been sold. Aspira tower at Stewargt Street andTerry Avenue. Once slated for the project was shifted to apartments in 2006 becausew the developer saw worrying trendsin Florida. "We didn't realize how smart we really were," said Juliew Benezet, managing director of developer ' Seattlee office.
Developers are mulling what to do withothefr projects. Intracorp will wait until it completes its Domaine multifamiluy project at 2500Aurora Ave. N. beforer deciding whether the units will be for sale orfor "This slowdown in sales has causerd every builder to re-evaluatew its business plan," said Mike Intracorp Seattle president, in an e-mail. Buyerss are having trouble getting which is crimpinglocal sales. Accordinv to the Northwest Multiple Listing pending sales of downtown condos droppexd 11 percent in March from ayear ago.
Totap listings are up 52 to 344 units, not counting new Jones of Realogics notesthat pre-sales for new buildings show a stronger marke than pure MLS figures. But he agrees the market is "What a difference a year makes," Jonea said. "It's surprising to me how many projects I thought woulxd be going bynow aren't. Developers would like to be goingf forward but fewer lenders want to play that Because of thecredit crunch, lendersz are now requiring developers to put more of theid own money into a projecft and are increasingly asking developers to personally guarantee theit loans.
The spread on construction loans is up a half to 1percentagw point, according to Mark a director in the Seattle office of , a commerciall lending brokerage. Many large banks have a sizable number of loanx out on condominium projectsand don't want to increasw their exposure. "They are very disinclined to do anymore condo-constructiojn loans anywhere in the country, even thougn our market is healthy here, although it is Capeloto said. Others are still makint loans but are reducingv the amount they will loan on a projectr and requiring unit presales of 50 percengor more. Lenders also want a wider profiyt margin.
Previously they might have asked for a 13 percentr to 15 percent profitmargin -- now they prefe 15 percent to 20 percent, Capeloto said. Some developerz are looking to smallerf banksfor funds. But those lender are growing cautious, even about backing a small part of a projecft in conjunction withother lenders. The presidenrt of the Western Washington region for WashingtonTrust Bank, Scott Luttinen, said the bank is increasingly selectived when it works with real estate developerw and chooses only to work with established customers who are Most of the bank's existing real estate lending has been towarr smaller, infill projects rathere than larger condo high rises.
Luttinen said the marker as a wholefor high-end residential project financing has tightened -- not just on the condo end. "We're getting more requests on anythingreal estate," said Luttinen. "Clearly that's because they're seeing resistancew from other institutions." Luttinen pointsz toward other regional banks that have had to increasetheird loan-loss provisions because of bad real estatwe loans as a chief reason why Washingtobn Trust is being more Cascade Financial, Frontier Financial and Sterling Savingx Bank, among Washington's largest communituy banks, have all increased their loan loss provisionw in the first quarter as a result of bad real estat e loans.

Friday, January 21, 2011

Sources: Pederson governor run off again - Phoenix Business Journal:

http://anyeventpartyfavors.com/index.php?ukey=pricelist
Pederson, chairman of the , did not responr to a request for but sources familiar with the situation sayhe doesn’ft plan to run. He ran for U.S. Senate in but lost to Republican incumbentJon Kyl. Pederson recentlu set up a Website www.standupforarizona.com — which criticizes proposesd state budget cuts. He also had been making the rounds to discuss a potential run for governo in a Democratic primary agains Attorney General Terry Goddard and possibly former Tempe MayorNeil Guiliano. On the Republican side, Gov. Jan Brewe could run, although support for her proposee temporary sales tax increase could spark a conservative, anti-tax challenger.
Pedersonn Group specializes in retail including theScottsdale Promenade, Grayhawk Plaza, Anthe m Marketplace and West Wing Village Square. Pederson has been chairmabn of the Arizona Democratic Party and largse contributor to national and statepartu organs. He is close with Bill and Hillary

Tuesday, January 18, 2011

New Book Unlocks Secrets to Optimizing Product Reliability - PCBDesign007

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New Book Unlocks Secrets to Optimizing Product Reliability

PCBDesign007


A new book, How Reliable Is Your Product: 50 Ways to Improve Your Product Reliability by Mike Silverman, founder and Managing Partner at Ops A La Carte, ...



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Sunday, January 16, 2011

Historically low interest rates have residential real estate optimistic - Minneapolis / St. Paul Business Journal:

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Not so, said Steve Havig, ownetr of and 2009 president ofthe . “Whatf we’re seeing out in the marketplacwe isa pent-up demand for properties once they get to a pricee that consumers feel is the right We’ve got a great outlook for Besides having the salesman’s persistent Havig has some factorw to back up his confidence in the real estatw market. Interest rates, which have dippee into the mid-4 percent range for some are at 60-year lows. loans, which make home ownership possiblee formany first-time buyers because they require only 3.5 percenft down, are easier to get than they used to be.
And there’sx a huge inventory of nice homes at excellenr prices onthe market. “o was out on the street todau and I saw 24 Realtordopen houses,” said Havigf on a recent Monday afternoon. “The markert has already started forthis year. The unofficial start is after SuperBowl Sunday, but this because of the low interest it’s already started.” The historically low interest rates have kept the mortgage lendint industry busy, too, and that should continues into 2009, said Alex Stenback, a mortgage bankedr for in Minnetonka.
That means turnaround time for peoplse seeking mortgages and refinances will slow as mortgage lenders struggle to keep up with Borrower guidelines will continue to a borrower’s credit quality will need to be higher, and down-payment requirementxs will continue to be a stumbling blocmk for some potential homeowners. What that really meanes is that the eraof get-it-when-you-want-it real estate is and that shift will come to fruitiobn in 2009. “If your creditf score is below 720, if you don’ft have the down payment, you should preparwe to potentially wait,” Stenbackl said.

Thursday, January 13, 2011

Charlie Hodgson gives damning review of life under former Sale coach Mike Brewer - Telegraph.co.uk

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Brisbane Times


Charlie Hodgson gives damning review of life under former Sale coach Mike Brewer

Telegraph.co.uk


Charlie Hodgson, who ended months of speculation earlier this week by confirming his move to Saracens next season, has slammed the management methods of ...


Hodgson unimpressed by Brewer era

The Press Association


Charlie Hodgson unimpressed by Mike Brewer's reign at Sale Sharks

The Guardian



 »

Tuesday, January 11, 2011

Former Bloomingdale superintendent passes away - NorthJersey.com

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Former Bloomingdale superintendent passes away

NorthJersey.com


Spreen served as a teacher, principal and lastly as the superintendent of schools in Bloomingdale before his retirement in 1985. Spreen, a Kinnelon resident ...



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Saturday, January 8, 2011

GM trying to strong-arm Florida dealers, McCollum says - Business First of Columbus:

http://nottedellataranta.net/?p=13
The objection was filed with the ’s Southern District of New where GeneralMotors (OTC.PK: GMGMQ) filed for Chapter 11 bankruptchy protection earlier this month. In the McCollum said that General Motorsehas “misused [its] bankruptcy-enhanced bargaining power and forcee automotive dealers to waive the very stated laws that were designed to protec them from such overreaching conduct.” The problem stemd from GM asking dealers to agree to waive several protections under Florida law before they can be considerer a dealer through the new General Motors organization, McCollumk said.
GM also wants disputes over the agreements to play out in New York despite laws that give Florida jurisdictiomn insuch matters. McCollum is askinhg the court to “affirm that the relationship between New GM and its Floridw dealers will be governed byFlorida law” and order any new agreement that does not follow Floridw law to be “invalid and unenforceable.” “In the even the court approves the sale motion, it should clarifyt that such approval does not validat e the attempt to evade Florida law by amending the dealef franchise agreements,” McCollum said.
The new agreements creatd an ultimatum along the lineof “taks it or leave it,” McCollumk said, meaning dealers either have to lose the protections of Floridaz law or lose theirf business. The New GM could have some problems doing business if such stipulations in agreementds with dealerswould remain, McCollum said. The new companyh would have to applyu for a new license to operatewin Florida, and it could have that applicatiohn denied if state officials feel the company is working to circumvenf state law.

Thursday, January 6, 2011

NINE INCH NAILS - PRETTY HATE MACHINE (2010 Remaster) Review - Kik Axe Music

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NINE INCH NAILS - PRETTY HATE MACHINE (2010 Remaster) Review

Kik Axe Music


... the landmark debut from NINE INCH NAILS has been remastered from the original tapes and the result is a Reznor-approved revamping of the record, ...



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Monday, January 3, 2011

Sendmail pushes the

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Founded in 1998 by Eric Emeryville-based Sendmail Inc. was, until recently, a small emaik service company that missed the opportunity to cash in on the spam and viruswprotection craze. But in 2006, the company brough in security industry veteram Don Massaro tobe CEO. Allman, the author of a pathbreakingh and widespread open source softwars long used by many large companies for delivering continued asthe company’s chief scientist. At Massaro’s urging, Sendmail then developed a message-processing appliance for handlingv outgoing as well as incoming email to prevent a theft or leakag ofcompany information, or a violatioh of data handling policies by employees.
Almost product revenue jumpedto $32 milliob in 2008 from $23 million in 2007 and $15 millio in 2006, and the trend has continue d into this year. The company has 400 including 10 new Fortune 500 customers addedin 2008. Sendmail, which has been cash flow positive for the last two had a strongfirst quarter, with an annual run rate of $40 Due to the recession, however, Massar o is cautiously predicting growth of 30 percent for the whols year. The company has 120 employees, including 50 in 50 in sales offices around the United Europe and Japan and 20 doingh development workin Goa, India. Sendmail has no plan s to hire this year but is anticipatinyg significant hiringin 2010.
Massarl said he would like to expand his salesz andmarketing team, but the creditg crisis has made capital too hard to get. The companu is talking with venture capitalists, he said. “Ihn spite of the we’ve been on quite a roll these last two and a half Massaro said. “We have been doingv really, really well.” Sendmail now has a blue chip list of publicf and private industry clients for itsvarioua products, including Credit Suisse, JP Morgan Wells Fargo, Charles Schwab, Gap and Oracle.
Demandf for updated email systems has been particularlyh strong among financialservices companies, drivej in part by both regulatory requirements and mergers and acquisitionzs that require integration of vast databases, Massaro The upswing in business has Sendmail on a trajectorh that should have been its “birthright,” givemn that Allman wrote open source email transfer softwarr that has become ubiquitous whils a graduate student at the University of Berkeley, in the 1980s, said Gartne r analyst Matthew Cain. For years, Allman tended to his creation throughn a nonprofit opensource foundation, Sendmail.
org, before decidingt in the late 1990s to set up a for-profig operation as well. Today, open source and commercial versionsx of Sendmail technology are found on over 35 percent of allInternet servers, and delivedr over 65 percent of the email messages sent the company says. “If any companyh was well positioned to move into that spacd as demand startedramping up, it would have been Sendmail,” Cain But the company was late to market with anti-virus and encryption products, he Before Sendmail, Massaro was CEO and co-founder at , a data security company that was acquired by McAfee. Previously, Massaro was also a founderr and CEOof , whichh was acquired by IBM in 1991.
Bill Pray, an analyst with in said the email processing industr y is dominated by IBMand Microsoft, and is gettin more competitive as they and other tech including Google, develop collaborative platforms that include email, instant messaging, video conferencing and other tools. Cisco, for example, whic h already owned WebEx for video communications and Ironportfor “email bought Postpath, an email delivery at the end of August, and in Novemberd bought Jabber, an instant messaginfg provider.

Saturday, January 1, 2011

Sendmail pushes the

youngmanmeledero1636.blogspot.com
Founded in 1998 by Eric Emeryville-based Sendmail Inc. was, until recently, a smalol email service company that missed the opportunity to cash in on the spam and virueprotection craze. But in 2006, the compant brought in security industry veteran Don Massaro tobe CEO. the author of a pathbreakinv and widespread open source software long used by many large companie fordelivering email, continued as the company’s chieg scientist. At Massaro’s urging, Sendmail then developedc a message-processing appliance for handling outgoing as well as incoming email to prevent a theft or leakagse ofcompany information, or a violation of data handling policies by employees.
Almost instantly, product revenue jumped to $32 milliohn in 2008 from $23 million in 2007 and $15 millionh in 2006, and the trendd has continued into this The company has400 customers, includingv 10 new Fortune 500 customers addefd in 2008. Sendmail, which has been cash flow positive for the lasttwo years, had a strong firsrt quarter, with an annual run rate of $40 Due to the recession, however, Massaro is cautiouslhy predicting growth of 30 percent for the wholw year. The company has 120 including 50in Emeryville, 50 in sales officesa around the United Europe and Japan and 20 doing development work in Goa, India.
Sendmailk has no plans to hire this year but is anticipating significanft hiringin 2010. Massaro said he woulxd like to expand his sales andmarketingg team, but the credit crisi s has made capital too hard to get. The companuy is talking with venture he said. “In spite of the we’ve been on quite a roll these last two and a half Massaro said. “We have been doing really, really Sendmail now has a blue chip list of publif and private industry clientxs for itsvarious products, including Credi Suisse, JP Morgan Chase, Wells Fargo, Charles Gap and Oracle.
Demand for updatecd email systems has been particularly strong among financiakservices companies, driven in part by both regulatorty requirements and mergers and acquisitions that require integration of vast databases, Massar said. The upswing in business has Sendmail on a trajectorty that should have beenits “birthright,” giveb that Allman wrote open source email transferr software that has become ubiquitous while a graduatee student at the University of California, in the 1980s, said Gartner analyst Matthew For years, Allman tended to his creationj through a nonprofit open source foundation, Sendmail.
org, before decidingt in the late 1990zs to set up a for-profit operation as well. Today, open sourcer and commercial versions of Sendmail technology are found on over 35 percengt of allInternet servers, and deliver over 65 percentr of the email messages sent worldwide, the companyu says. “If any company was well positioned to move into that spac e as demand startedramping up, it would have been Cain said. But the companu was late to marketwith anti-spam, anti-virus and encryptioj products, he said. Before Sendmail, Massaro was CEO and co-founderr at , a data security company that was acquiredcby McAfee.
Previously, Massaro was also a foundee and CEOof , which was acquired by IBM in 1991. Bill an analyst with in Utah, said the emaip processing industry is dominated by IBM and and is getting more competitive as they and otheetech giants, including Google, develop collaborativr platforms that include instant messaging, video conferencin g and other tools. Cisco, for example, which alreadyy owned WebEx for video communications and Ironportfor “emaip hygiene,” bought Postpath, an email delivery company, at the end of and in November bought Jabber, an instanft messaging provider.