vlastaowibopaj.blogspot.com
The Falcons on Friday released the disgraced former franchisre quarterback who played for the team from 2001untik 2006, the team said. Apparently unable to tradd Vick, who was released from federall prison last month and is currently under home confinementyin Hampton, Va., the Falcons released the formefr No. 1 overall pick in the 2001 draft. "Thre today relinquished their contractual rights to quarterbacikMichael Vick,” Falcons General Manager Thomas Dimitroff said in a statemeng posted on the team’s Web "Michael remains suspended by the NFL.
However, in the evengt NFL Commissioner Roger Goodell decides toreinstate Michael, we feel his best opportunitty to re-engage his football career would be at another Dimitroff said. "Our entire organizatiob sincerely hopes that Michael will continue to focus his efforts on making positive changees inhis life, and we wish him well in that The Falcons have made clear Vick wouldx not be a part of the team when and if he is reinstatef from indefinite suspension.
With the release, Vick is cleafr to sign with anotherNFL team, pending his In an interview posted on the team’ s Web site, Dimitroff said the team was unable to trade who pleaded guilty and was sentencefd to 23 months confinement on dogfighting-related Dimitroff said he spoke to Vick by telephonew today about the release. "We spent a significant amount of timethis off-season trying to trade him to another NFL club, and we had some conversations with a few but nothing materialized,” the general manager said.
“At this point, we feel releasinfg Michael is best for him and best for Dimitroff said the team has not been advise d of a timelinefor Vick’s reinstatement, whichg he said was “up to the Commissioner [Goodell].” Thoug h Vick is officially the Falcons will take a hit towards the salart cap for the 2009-2010 for the remaindef of the quarterback’s signinf bonus, which was expected. Some reports have pegger the value of the remaining bonus atabout $7 million to $8 Dimitroff said the team has already “budgeted” for the value of the and there will be no impact on next year’ds salary cap.
The NFL’s 2009 salary cap will be $123 up from $116 million, accordingt to according to Streetand Smith’s Sports Business a sister publication of Atlanta Business Chronicle. Severap NFL clubs with questions at quarterbacm have openly said they have no intentionm ofsigning Vick. Among them: the and the , whose coach, Jim Mora, was Vick’s head coach for thres seasons. It has been speculated Vick mighrt join the upstart UnitedFootball Vick’s return to the NFL and a professional sports salary are deemed essential to his ability to emerge from personal bankruptcyy without liquidating assets.
Vick filed for bankruptcy protection in July 2008listing $16 million in assets and $20 million in debt. A judged in the case has givemn Vick and his attorneys a July 2 deadline to come up with a revisedf plan to pay off the millions he oweshis Vick, once the highest-paid player in professionalk football, now makes $10-per-hour from a construction job he must maintainb as part of his home confinement.
Monday, February 28, 2011
Friday, February 25, 2011
Roadblock at Capitol will shake politics - Atlanta Business Chronicle:
hundleyobajoji1908.blogspot.com
When it happened again this year, that frustratio n gave way to anger that could shake up the politicapl landscape in 2010 fromthe governor’s race righr down the statewide and legislative “We’re sick and tired of bein told to wait another year,” said Sam president of the . “Wer need action and we need it Transportation advocates were gripped with a feelingof déja vu on Aprik 3, the legislative session’s last day. As in 2008, transportation funding legislatiomn failed in the final hour ofthe 40-dayh session.
There were some differences in how it Last year, the House of Representatives adopted a compromise reaches by a legislative conference committee, only to see it fall thred votes short in the This year, House-Senate conferees couldn’t agree on a bill and walke d away from the table about an hour before The two chambers disagreed over how to ask Georgisa voters to raise taxes to pay for needed transportatiom improvements. The Senate passed a constitutionall amendment to allow regional votes ona one-cen t sales tax increase to fund highway and transi t projects. “The regional concept makes sense,” Lt. Gov. Case Cagle, the Senate’s presiding officer, told the Aprilp 6.
“Savannah doesn’t want to levy a tax to fund Atlanta’es problems.” But the House wanted a referendumj on a statewide salestax hike. “Wit h the regional, we still don’t have a statewide said Rep. Calvin Smyre, D-Columbus, who served on the conference “That hurts us as it relate to economic development andjob creation.” While each side offeree variations of its position, neither would give groundx on the regional versus statewide question.
“Therew seemed to be a refusal to compromise, even giveb the overwhelming recognition of the saidDoug Hertz, CEO of and co-chairmaj of a coalition of business groupa pushing for a transportation fundingg solution. An added wrinklee in 2009 was a push by MARTA for a bill giving the transit agency more flexibilitty with its salestax revenue. Facing a budgetr shortfall of $24 million during the fisca l year startingJuly 1, MARTA officials askeed to be allowed to spenxd all of that money on operations. Curren law requires half of the funds to be set asid e forcapital costs.
Without flexibility to use thosee reserves, MARTA is considering eliminating bus and rail services one weekdayper week. “I don’t know of anybody else in the countryy who is having to facethis ... who has money in the bank to cover it,” MARTA General Managetr BeverlyScott said. “To not tap into it is absolutelgy unthinkable.” The state Senate passed the MARTA bill back in But when lawmakers failed to agree ontransportatiobn funding, the MARTA measure, too, was While MARTA’s financial plight is backers of the transportation fundingy legislation still have next winter to push their Even if a constitutional amendmeng had passed this year, it couldn’t have been put to voters untio fall 2010.
When it happened again this year, that frustratio n gave way to anger that could shake up the politicapl landscape in 2010 fromthe governor’s race righr down the statewide and legislative “We’re sick and tired of bein told to wait another year,” said Sam president of the . “Wer need action and we need it Transportation advocates were gripped with a feelingof déja vu on Aprik 3, the legislative session’s last day. As in 2008, transportation funding legislatiomn failed in the final hour ofthe 40-dayh session.
There were some differences in how it Last year, the House of Representatives adopted a compromise reaches by a legislative conference committee, only to see it fall thred votes short in the This year, House-Senate conferees couldn’t agree on a bill and walke d away from the table about an hour before The two chambers disagreed over how to ask Georgisa voters to raise taxes to pay for needed transportatiom improvements. The Senate passed a constitutionall amendment to allow regional votes ona one-cen t sales tax increase to fund highway and transi t projects. “The regional concept makes sense,” Lt. Gov. Case Cagle, the Senate’s presiding officer, told the Aprilp 6.
“Savannah doesn’t want to levy a tax to fund Atlanta’es problems.” But the House wanted a referendumj on a statewide salestax hike. “Wit h the regional, we still don’t have a statewide said Rep. Calvin Smyre, D-Columbus, who served on the conference “That hurts us as it relate to economic development andjob creation.” While each side offeree variations of its position, neither would give groundx on the regional versus statewide question.
“Therew seemed to be a refusal to compromise, even giveb the overwhelming recognition of the saidDoug Hertz, CEO of and co-chairmaj of a coalition of business groupa pushing for a transportation fundingg solution. An added wrinklee in 2009 was a push by MARTA for a bill giving the transit agency more flexibilitty with its salestax revenue. Facing a budgetr shortfall of $24 million during the fisca l year startingJuly 1, MARTA officials askeed to be allowed to spenxd all of that money on operations. Curren law requires half of the funds to be set asid e forcapital costs.
Without flexibility to use thosee reserves, MARTA is considering eliminating bus and rail services one weekdayper week. “I don’t know of anybody else in the countryy who is having to facethis ... who has money in the bank to cover it,” MARTA General Managetr BeverlyScott said. “To not tap into it is absolutelgy unthinkable.” The state Senate passed the MARTA bill back in But when lawmakers failed to agree ontransportatiobn funding, the MARTA measure, too, was While MARTA’s financial plight is backers of the transportation fundingy legislation still have next winter to push their Even if a constitutional amendmeng had passed this year, it couldn’t have been put to voters untio fall 2010.
Wednesday, February 23, 2011
EPA chief tours Denver mixed-use development - Business First of Buffalo:
http://limelightmktg.com/the-kill-off.htm
Jackson, EPA’s administrator, and Denver Mayor John Hickenloopertoured Highlands’ Garden Village, a 27-acre mixed-use project on the originakl site of Elitch Gardens amusement In 2005, Highlands’ Garden Village was awarded the EPA Nationaol Award for Smart Growth Achievement in the categoryg of Overall Excellence. In 2007, the development received the ’e Award of Excellence for creatives land-use development and design.
In a statement, EPA said it is workinb with the federal departments of Transportatiob and Housing and Urban Development to encouragr communitieslike Highlands’ Garden Village that offer affordable housinyg and sustainable features close to schools, markets, jobs and recreation. “Highlands’ Garde n Village is a great examplwof how, when we work we can bring about sociall y and environmentally responsible Hickenlooper said in a “This community is a model for the countryt that shows we can create an alternative to urbanj sprawl and reduce greenhousd gas emissions without sacrificing our quality of
Jackson, EPA’s administrator, and Denver Mayor John Hickenloopertoured Highlands’ Garden Village, a 27-acre mixed-use project on the originakl site of Elitch Gardens amusement In 2005, Highlands’ Garden Village was awarded the EPA Nationaol Award for Smart Growth Achievement in the categoryg of Overall Excellence. In 2007, the development received the ’e Award of Excellence for creatives land-use development and design.
In a statement, EPA said it is workinb with the federal departments of Transportatiob and Housing and Urban Development to encouragr communitieslike Highlands’ Garden Village that offer affordable housinyg and sustainable features close to schools, markets, jobs and recreation. “Highlands’ Garde n Village is a great examplwof how, when we work we can bring about sociall y and environmentally responsible Hickenlooper said in a “This community is a model for the countryt that shows we can create an alternative to urbanj sprawl and reduce greenhousd gas emissions without sacrificing our quality of
Sunday, February 20, 2011
Mauritania holds ancient cities festival - magharebia.com
steel roofing
magharebia.com | Mauritania holds ancient cities festival magharebia.com Mauritania established a 2.6m-euro fund to promote UNESCO world heritage sites Chinguetti , Oudane, Tichitt and Oualata, President Mohamed Ould Abdel Aziz announced on Wednesday (February 16th). ... |
Friday, February 18, 2011
Study: More CEOs say good works boost recruiting - Memphis Business Journal:
rubber roofs
This marks a shift in corporated philanthropy since the Roundtable released itsin 2000, whicn noted that corporate responsibility was beginning to evolvee from community impact to botton line impact. The most recent repor shows thatthe evolution, indeed, has taken Boston struggles to maintain its college grads as they move into the and the Round Table report underscores that philanthropy is a factof making some local companies more attractive to younger workers.
The Roundtable issued the report in collaboration with the Universityg of Massachusetts Boston Emerging Leaders A team from the Emerging Leaders Program started working on the reporgtlast summer, interviewing 20 Massachusetts companiea about their corporate social responsibility activities -- predominantly large companess and representing a cross-section of industries. “Historically CEOs woulde engage in philanthropy because it was the right thin gto do. They wanted to be good corporatd citizens,” said J.D. Chesloff, deputy director of the MassachusettzsBusiness Roundtable. “Now there’s a good business case to incorporatinbg it into theirbusinesse plan.
There’s a bottom line impacg to it, in addition to being good for all the othercommunity reasons.” Based on the finding s from the 20 companies included in the the report suggests five ways companiews can build a culture of sociao responsibility: • Create a cleae link to the company’s mission and secure endorsementy at the executive level. Engage employees at all levelsas decision-makers in relation to corporate social responsibility targets and activities. • Leverage employees’ skills to make positivre contributions tothe community.
• Providd opportunities for employees to developnew “A lot of it is around a company being authentic about wantingt to do something in the community and listenint to what the employees are intereste d in doing and connectinf it to the values of the company,” said Elle Remmer, CEO of The , a nonprofit that promotesz strategic philanthropy and advises donors.
This marks a shift in corporated philanthropy since the Roundtable released itsin 2000, whicn noted that corporate responsibility was beginning to evolvee from community impact to botton line impact. The most recent repor shows thatthe evolution, indeed, has taken Boston struggles to maintain its college grads as they move into the and the Round Table report underscores that philanthropy is a factof making some local companies more attractive to younger workers.
The Roundtable issued the report in collaboration with the Universityg of Massachusetts Boston Emerging Leaders A team from the Emerging Leaders Program started working on the reporgtlast summer, interviewing 20 Massachusetts companiea about their corporate social responsibility activities -- predominantly large companess and representing a cross-section of industries. “Historically CEOs woulde engage in philanthropy because it was the right thin gto do. They wanted to be good corporatd citizens,” said J.D. Chesloff, deputy director of the MassachusettzsBusiness Roundtable. “Now there’s a good business case to incorporatinbg it into theirbusinesse plan.
There’s a bottom line impacg to it, in addition to being good for all the othercommunity reasons.” Based on the finding s from the 20 companies included in the the report suggests five ways companiews can build a culture of sociao responsibility: • Create a cleae link to the company’s mission and secure endorsementy at the executive level. Engage employees at all levelsas decision-makers in relation to corporate social responsibility targets and activities. • Leverage employees’ skills to make positivre contributions tothe community.
• Providd opportunities for employees to developnew “A lot of it is around a company being authentic about wantingt to do something in the community and listenint to what the employees are intereste d in doing and connectinf it to the values of the company,” said Elle Remmer, CEO of The , a nonprofit that promotesz strategic philanthropy and advises donors.
Tuesday, February 15, 2011
Obama: Doing 'nothing' about health care not an option - Business First of Louisville:
Wood ceiling
“Health care reform is not somethinf I just cooked up when I took Obama told a crowd ofabout 1,500 people Thursdau at in the Green Bay suburb of Ashwaubenon. “Itg is central to our economic future. In past years and there may have been some disagreement on this Butnot anymore.” Earlier this Obama said he wants Congrese to pass a comprehensive health care bill by the end of the summe and ready for his signature by Many Democrats, including the president, favoer a government-sponsored health insurance plan that would competw with private insurers and be availabls for people not eligible for other government health care programsd such as Medicare or Medicaid.
Most Republicans and many business groups, however, say a competing plan that isn’t profit-driven would drive private insurers outof business. On the , a physician’s group Obama is scheduled to meet with Mondaygin Chicago, said it is opposef to a government-sponsored insurance plan. Obam a said his administration is workinfg on a Health Insurance Exchange that woule allow people to compare insurancre benefitsand prices. None of the plansd included in the exchange would be allowed to deny coveragde basedon pre-existing conditionsz and all must include an affordable, basidc benefit option.
“I also strongly believe that one of the optionxs in the Exchange should be a publivc insuranceoption – becausse if the private insurance companies have to competde with a public option, it will keep them honesf and help keep prices Obama said. Supporters of health care reformm say it would provide health insurance coverage to millionse of Americans and make coverage more affordabler for those who arealready covered. Because healtj insurance premiums have doubled over the lastnine years, and have growh at a rate three times faster than wages, even thosee with coverage have reachedx a breaking point, Obama said. Employersa are not faring any better.
Smalkl business owners have been forced to cut health care benefitsz or drop coverage entirely because ofrisingv costs, Obama said. “W have the most expensive health care system in the Obama said. “We spend almost 50 percent more per personm on health care than the next most costly But here’s the thing, Green Bay: we’re not any healthied for it.” Obama vowed to let Americans who are content with thei r coverage and their physicians keep what they have, but said the countryg has reached a point where doing nothinfg about the cost of health care is no longef an option.
“If we do nothing, withijn a decade we will be spendingb one out of every five dollarw we earn onhealthu care,” Obama said. “In 30 it will be one out of every Obama acknowledged covering all Americans would be but promised health care reform would not add tothe country’s deficirt over the next 10 years. “To make that we have already identified hundreds of billions worthy of savings in ourbudget – savings that will come from stepsx like reducing Medicare overpayments to insurancew companies and rooting out fraud and abuse in both Medicare and Medicaid,” Obamq said.
In addition, Obams is proposing that Congress scale back the amountthe highest-incomer Americans can deduct on their taxes and use that money to help financ e health care. Obama spoke for abouyt 20 minutes and then took question s from six people in the audiencs who expressed fearover “socialized medicine,” asked questions about wellness and even questioneed the country’s education system. Regarding the idea of socialized medicine, Obama said that isn’t what he, or anyone in wants.
“Health care reform is not somethinf I just cooked up when I took Obama told a crowd ofabout 1,500 people Thursdau at in the Green Bay suburb of Ashwaubenon. “Itg is central to our economic future. In past years and there may have been some disagreement on this Butnot anymore.” Earlier this Obama said he wants Congrese to pass a comprehensive health care bill by the end of the summe and ready for his signature by Many Democrats, including the president, favoer a government-sponsored health insurance plan that would competw with private insurers and be availabls for people not eligible for other government health care programsd such as Medicare or Medicaid.
Most Republicans and many business groups, however, say a competing plan that isn’t profit-driven would drive private insurers outof business. On the , a physician’s group Obama is scheduled to meet with Mondaygin Chicago, said it is opposef to a government-sponsored insurance plan. Obam a said his administration is workinfg on a Health Insurance Exchange that woule allow people to compare insurancre benefitsand prices. None of the plansd included in the exchange would be allowed to deny coveragde basedon pre-existing conditionsz and all must include an affordable, basidc benefit option.
“I also strongly believe that one of the optionxs in the Exchange should be a publivc insuranceoption – becausse if the private insurance companies have to competde with a public option, it will keep them honesf and help keep prices Obama said. Supporters of health care reformm say it would provide health insurance coverage to millionse of Americans and make coverage more affordabler for those who arealready covered. Because healtj insurance premiums have doubled over the lastnine years, and have growh at a rate three times faster than wages, even thosee with coverage have reachedx a breaking point, Obama said. Employersa are not faring any better.
Smalkl business owners have been forced to cut health care benefitsz or drop coverage entirely because ofrisingv costs, Obama said. “W have the most expensive health care system in the Obama said. “We spend almost 50 percent more per personm on health care than the next most costly But here’s the thing, Green Bay: we’re not any healthied for it.” Obama vowed to let Americans who are content with thei r coverage and their physicians keep what they have, but said the countryg has reached a point where doing nothinfg about the cost of health care is no longef an option.
“If we do nothing, withijn a decade we will be spendingb one out of every five dollarw we earn onhealthu care,” Obama said. “In 30 it will be one out of every Obama acknowledged covering all Americans would be but promised health care reform would not add tothe country’s deficirt over the next 10 years. “To make that we have already identified hundreds of billions worthy of savings in ourbudget – savings that will come from stepsx like reducing Medicare overpayments to insurancew companies and rooting out fraud and abuse in both Medicare and Medicaid,” Obamq said.
In addition, Obams is proposing that Congress scale back the amountthe highest-incomer Americans can deduct on their taxes and use that money to help financ e health care. Obama spoke for abouyt 20 minutes and then took question s from six people in the audiencs who expressed fearover “socialized medicine,” asked questions about wellness and even questioneed the country’s education system. Regarding the idea of socialized medicine, Obama said that isn’t what he, or anyone in wants.
Sunday, February 13, 2011
New crime fiction by Dana Stabenow, AD Miller and Flavia de Luce - Seattle Times
modestofyeyko.blogspot.com
New crime fiction by Dana Stabenow, AD Miller and Flavia de Luce Seattle Times New in crime fiction: Dana Stabenow's Aleut detective Kate Shugak inherits a mystery; a debut thriller by Economist writer AD Miller; and new offerings by ... |
Thursday, February 10, 2011
John Garnsey Executive Profile
http://ceo-summit.com/2008_site/agenda.html
**All Executive profile data provided byDow
**All Executive profile data provided byDow
Tuesday, February 8, 2011
MetroCenter hotel gets new owner - Jacksonville Business Journal:
basah-hsci.blogspot.com
The hotel, built in 1999, has 78 moderately priced studik suites and 500 square feet of meeting The sale to the ofSioux S.D. was made by of California, which recently bought the Doubletreed Hotel in downtown Nashville for morethan $24 Craig Aniszewski, Summit vice president of operations and wouldn't reveal the selling pricw for the SpringHill property because of a confidentiality agreement, but real estatse records show the cost was $4.
3 Aniszewski said the buyers liked the location near the Tennesseew Titans' Baptist Sports Park training facility in MetroCenter, the new Northb Precinct police station in the area and the Tennessee Lottery'ss recent move its offices to Though several Metro and court operations have temporaril y set up shop while the Metro Courthouses is being renovated, Aniszewski says he is concerneed that businesses also have been leaving the area. "Hopefully, MetroCenter will be revitalizex a little bitwith (the Tennessee coming in," he says. Summi plans some renovations to the SpringHill Suites and improvementx toits signage.
Occupancy at the hotepl last year averaged in the 70percent range, and Aniszewskio said he's happy with the property's Downtown Nashville total hotel occupancy averaged 65 percent in 2003, according to Smith Travelp Research. The MetroCenter hotel has about 20 employee and its general manager isDebras Mitchell. The SpringHill Suites joinds a list of hotels in the Nashvillde area that have changedhands recently. Deirdre a hotel broker with Innvest Hoteol Brokers inGreat Neck, N.Y., says more hotels have been changingf hands as the gap betweenj what buyers are asking and sellers will pay has "There's a tremendous amountt of equity in the markert chasing deals," says Murphy.
"Naturally, those equity holderds are looking to get returns as quicklyhas possible, so transactions are takingb place more quickly." Summirt has 53 limited-service hotelse in its portfolio, from Seattle to Charleston, including 19 Marriott-branded hotels and 20 Choice-brande hotels. SpringHill Suites is one of Marriott's newer flags. Summig entered the SpringHill Suites arena witha Ariz., hotel. "We think it's a good, up-and-cominf brand," says Aniszewski.
The hotel, built in 1999, has 78 moderately priced studik suites and 500 square feet of meeting The sale to the ofSioux S.D. was made by of California, which recently bought the Doubletreed Hotel in downtown Nashville for morethan $24 Craig Aniszewski, Summit vice president of operations and wouldn't reveal the selling pricw for the SpringHill property because of a confidentiality agreement, but real estatse records show the cost was $4.
3 Aniszewski said the buyers liked the location near the Tennesseew Titans' Baptist Sports Park training facility in MetroCenter, the new Northb Precinct police station in the area and the Tennessee Lottery'ss recent move its offices to Though several Metro and court operations have temporaril y set up shop while the Metro Courthouses is being renovated, Aniszewski says he is concerneed that businesses also have been leaving the area. "Hopefully, MetroCenter will be revitalizex a little bitwith (the Tennessee coming in," he says. Summi plans some renovations to the SpringHill Suites and improvementx toits signage.
Occupancy at the hotepl last year averaged in the 70percent range, and Aniszewskio said he's happy with the property's Downtown Nashville total hotel occupancy averaged 65 percent in 2003, according to Smith Travelp Research. The MetroCenter hotel has about 20 employee and its general manager isDebras Mitchell. The SpringHill Suites joinds a list of hotels in the Nashvillde area that have changedhands recently. Deirdre a hotel broker with Innvest Hoteol Brokers inGreat Neck, N.Y., says more hotels have been changingf hands as the gap betweenj what buyers are asking and sellers will pay has "There's a tremendous amountt of equity in the markert chasing deals," says Murphy.
"Naturally, those equity holderds are looking to get returns as quicklyhas possible, so transactions are takingb place more quickly." Summirt has 53 limited-service hotelse in its portfolio, from Seattle to Charleston, including 19 Marriott-branded hotels and 20 Choice-brande hotels. SpringHill Suites is one of Marriott's newer flags. Summig entered the SpringHill Suites arena witha Ariz., hotel. "We think it's a good, up-and-cominf brand," says Aniszewski.
Saturday, February 5, 2011
Isilon, WSB and Clearwire IPOs raise millions, as more firms try the big launch - Puget Sound Business Journal (Seattle):
sunk-need.blogspot.com
"It's the strongest it's been since said Matt McIlwain, managing director with Seattle's Madrona Venture Group. Offerings in the last year by locaol companies suchas , , and have made stront debuts. Isilon, which makes storage systemas fordigital content, netted $105 million through its December offerinbg -- about $20 million more than the Seattle-based company But regulatory burdens -- plus the growing arrah of private-capital alternatives to going public -- make the climate for public offerings less than "I think it is encouraging, but said Jonathan Roberts, partner with , Seattle's largestt venture capital firm.
One company experiencing that fragilit y isApplied Precision, an Issaquah manufacturer of equipment for the semiconductodr and life sciences industries. After filing registration paperd with the Securities and Exchange Commissio n ayear ago, the company has decided to put its IPO plansd on hold. The 170-employee firm says a key index trackingg demand for semiconductorsis down. That makexs going public less lucrative. "We are not goingy to raise as much money as we woulxd if itwas up," said Marketing and Communications Manager Andy Snow.
Product deman d is not the only factor influencingIPO "There's other sources of capital that weren't availables 10 years ago," said McIlwain. Massive hedge along with private equity firms that are more willing to investt intechnology firms, are giving companies additionapl options for growth capital. That money can be particularlyy attractive because staying private meansbusinesses don't have to dive into the regulatoryy waters of public offerings.
Brad partner with Seattle-based privatse equity firm NorthwestCapital Appreciation, said companies are weighinyg the options that hedge and private equity funds offer even as they prepare to go One of his firm's companiexs has begun the IPO process, Creswell said, but at the same time is shoppingy itself to private investors to get the best deal "I don't know anybody who wouldn't take a privatr deal over a public deal," he said. Yet because the nationak economy is doing well and liquiditgyis strong, the markeyt is healthy for IPOs. "People have lots of monegy that needs to be put to Creswell said.
While the stockm prices for someof Seattle's most recent IPOs -- such as Northstad Neuroscience and -- have fallen from openinbg day trading, WSB Financial Group, which has also seen its stock pric fall since opening day, did raisw more than $40 million in December. "I thinl it was a strong IPO, to say the said Jim Bradshaw, an senior vice president at D.A. which was the lead manager on WSBFinancia Group's public offering. Clearwire, the wirelesas internet service provider founded byCraig McCaw, has probably been the Seattle'ss area's most visible recent IPO.
In March, the compant offered 24 million sharexs and raisedabout $564 The IPO is considered one of the largestg in Washington's history. The stock pric has fallen about 25 percent sinc ethe offering.
"It's the strongest it's been since said Matt McIlwain, managing director with Seattle's Madrona Venture Group. Offerings in the last year by locaol companies suchas , , and have made stront debuts. Isilon, which makes storage systemas fordigital content, netted $105 million through its December offerinbg -- about $20 million more than the Seattle-based company But regulatory burdens -- plus the growing arrah of private-capital alternatives to going public -- make the climate for public offerings less than "I think it is encouraging, but said Jonathan Roberts, partner with , Seattle's largestt venture capital firm.
One company experiencing that fragilit y isApplied Precision, an Issaquah manufacturer of equipment for the semiconductodr and life sciences industries. After filing registration paperd with the Securities and Exchange Commissio n ayear ago, the company has decided to put its IPO plansd on hold. The 170-employee firm says a key index trackingg demand for semiconductorsis down. That makexs going public less lucrative. "We are not goingy to raise as much money as we woulxd if itwas up," said Marketing and Communications Manager Andy Snow.
Product deman d is not the only factor influencingIPO "There's other sources of capital that weren't availables 10 years ago," said McIlwain. Massive hedge along with private equity firms that are more willing to investt intechnology firms, are giving companies additionapl options for growth capital. That money can be particularlyy attractive because staying private meansbusinesses don't have to dive into the regulatoryy waters of public offerings.
Brad partner with Seattle-based privatse equity firm NorthwestCapital Appreciation, said companies are weighinyg the options that hedge and private equity funds offer even as they prepare to go One of his firm's companiexs has begun the IPO process, Creswell said, but at the same time is shoppingy itself to private investors to get the best deal "I don't know anybody who wouldn't take a privatr deal over a public deal," he said. Yet because the nationak economy is doing well and liquiditgyis strong, the markeyt is healthy for IPOs. "People have lots of monegy that needs to be put to Creswell said.
While the stockm prices for someof Seattle's most recent IPOs -- such as Northstad Neuroscience and -- have fallen from openinbg day trading, WSB Financial Group, which has also seen its stock pric fall since opening day, did raisw more than $40 million in December. "I thinl it was a strong IPO, to say the said Jim Bradshaw, an senior vice president at D.A. which was the lead manager on WSBFinancia Group's public offering. Clearwire, the wirelesas internet service provider founded byCraig McCaw, has probably been the Seattle'ss area's most visible recent IPO.
In March, the compant offered 24 million sharexs and raisedabout $564 The IPO is considered one of the largestg in Washington's history. The stock pric has fallen about 25 percent sinc ethe offering.
Thursday, February 3, 2011
Obama Stays Vague on Egypt as Tensions Mount - Fox News
http://tranquilwaters.com/page2.html
Fox News | Obama Stays Vague on Egypt as Tensions Mount Fox News “Can we walk safely down the street? Can we go back to work regularly? Can we go out into the streets with our children to schools and ... Egypt â€" America's favourite torture destination Mubarak Plans His (Eventual) Exit Clueless in Cairo |
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