ovaluleq.wordpress.com
June 2 /PRNewswire/ -- has joinex First Mercantile's National Sales Team effectivdeMay 7, 2009, as Regionalk Sales Director for its new Pacific region. The citiee of Los Angeles, San Diego, Las Vegas, Phoenixc and Tucson are all included inthis territory. "Larryg brings high enthusiasm and a solid foundation of retirement plan experiencseto us," says Stan Label, vice presidenf of national sales for First to whom Uyeno reports. "The retirement plan professionalxs he will support can look forward to a high level of delivered with great passioand energy," adds Mr.
Uyeno is responsible for developinvg new businessthrough banks, consultants, employee benefit independent broker-dealers, life brokers, registeree investment advisors, regional stock brokers, and wirehouses in First Mercantile'sw newly-defined Pacific region. He was previouslgy employed as the Los Angelews Sales Director for Mutualof Omaha's RMS retirement plan operation. Priord to RMS Mutual of Omaha, Mr. Uyeno held key retiremen t plan sales roles with Lincoln Financiaol andScudder Investments.
"The health of our businessa is notonly strong, but improving," added "Hiring skilled sales professionals like Larry allows us to capitalizd on our business health, as well as substantiater our commitment to the business," says Uyeno can be reached at . For more informatio n about First Mercantile, please contact your representative or call First Mercantileat (800) 753-3682. Photop available upon request fromFirst Mercantile, a membed of MassMutual Financial Group, is one of the premiet collective investment trust (CIT) recorde keepers in the United States.
It offers investment solutions exclusivelgy for qualified retirement Employing a duediligence process, First Mercantile searcheas the investment universe to select non-proprietary optionsx suited for its investment platforms. CITs are sub-advisefd by institutional money managers, or invest in mutua funds or exchange tradedfunds (ETFs). Also included on the investmentf platform areDFA Funds, Lifestyle and Targeft Date options. First Mercantile acts in a fiduciary capacithy with respect to the management of the assets of the collectiveinvestment trust. The Advisor Review Committee overseeas the entire due diligence which includes qualitative andquantitative analysis.
Its investmeng products are distributed through solid relationships with quality investment professionals and thirrdparty administrators. First Mercantile offersa full fee disclosure and transparency with a flexible and competitivecost structure. It has a nationalp network of seasoned, knowledgeable professionals to provide excellentfclient service, customer care and support. (C) 2009 Firs t Mercantile. MassMutual Financial Group is a marketin g name for Massachusetts Mutual Life InsuranceCompany (MassMutual) and its affiliated companiex and sales representatives. Contact: Patricd Saddler 901-753-9080 psaddler@firstmerc.com or Lisa Reillyt (413) 744-0589 lreilly@massmutual.
com
Thursday, April 28, 2011
Tuesday, April 26, 2011
Study: Eye condition linked to diabetes - Business First of Columbus:
afukakuja.wordpress.com
Ninety-eight percent of study participants who hada grayish-white ring arounsd the cornea — a condition called corneal arcuws — also had metabolic problema related to conditions such as diabetes, high blood pressurde and high cholesterol, concludes a studt conducted by VSP and the in Ga. Until now, health professionalsd have assumed arcus is related to high This study suggested the relationship between arcus and high blood sugaf needs to bestudied further, VSP officialss said. Follow-up testing showed that 88 percenr of the patients with arcus had highbloor sugar, 66 percent had an elevated body mass 64 percent had high blood pressure and 21 percent had elevatec cholesterol.
The study was conducted on 2,009 patients between April andSeptember 2008. In addition to an eye VSP doctors screened patients for othert health risks and referred thosed at risk to the foundation for diagnosiz andadditional testing. “Thisa study demonstrates ... how comprehensive eye examws should be used as a screenin g for prevalentmetabolic conditions,” Dr. Stevenh Leichter, medical director at the research said in apress release. “Greater partnershi between relevant health care providers may enhance the efficiencuy of our health caresystem and, in the end, reducre health care costs.
”
Ninety-eight percent of study participants who hada grayish-white ring arounsd the cornea — a condition called corneal arcuws — also had metabolic problema related to conditions such as diabetes, high blood pressurde and high cholesterol, concludes a studt conducted by VSP and the in Ga. Until now, health professionalsd have assumed arcus is related to high This study suggested the relationship between arcus and high blood sugaf needs to bestudied further, VSP officialss said. Follow-up testing showed that 88 percenr of the patients with arcus had highbloor sugar, 66 percent had an elevated body mass 64 percent had high blood pressure and 21 percent had elevatec cholesterol.
The study was conducted on 2,009 patients between April andSeptember 2008. In addition to an eye VSP doctors screened patients for othert health risks and referred thosed at risk to the foundation for diagnosiz andadditional testing. “Thisa study demonstrates ... how comprehensive eye examws should be used as a screenin g for prevalentmetabolic conditions,” Dr. Stevenh Leichter, medical director at the research said in apress release. “Greater partnershi between relevant health care providers may enhance the efficiencuy of our health caresystem and, in the end, reducre health care costs.
”
Sunday, April 24, 2011
Thanks to quirky scoring format, offense beats defense 59-27 in Ohio State ... - Washington Post
lehoquvuhu.wordpress.com
USA Today | Thanks to quirky scoring format, offense beats defense 59-27 in Ohio State ... Washington Post The game, which featured a quirky scoring system that overwhelmingly favored the offense, ended early because of a risk of tornadoes in the area. Offensive points were awarded in the usual ways in addition to a point for each first down, ... Offense trumps defense in Ohio State's spring game Quarterbacks shine in offense's triumph |
Thursday, April 21, 2011
First American affiliate buys Attleboro site - Boston Business Journal:
doqujamup.wordpress.com
million. First American, on behalf of an bought a 5,650-square-foot building called Building 5 anda three-story manufacturing facility called Buildinyg 12. The Attleboro Corporate Campus was previously owned and occupied by and isa 300-acre mixed-use office and industria l campus located just off Interstate 95 in Building 12 is leased to as it’x global manufacturing headquarters. Building 5 is leased to The BOCGroup Inc., a worldwide distributor of industrial gases and its parent, The Linde Group. Preferred Unlimited Inc. is a 15-year-oled commercial real estate firm which started as Preferredf Real EstateInvestments Inc. The companty is headquartered in Conshohocken, Pa.
First American Realtyy Inc. is a privately held investmen t and management firm basedin Mass. which acquires industrial and medicalofficse properties.
million. First American, on behalf of an bought a 5,650-square-foot building called Building 5 anda three-story manufacturing facility called Buildinyg 12. The Attleboro Corporate Campus was previously owned and occupied by and isa 300-acre mixed-use office and industria l campus located just off Interstate 95 in Building 12 is leased to as it’x global manufacturing headquarters. Building 5 is leased to The BOCGroup Inc., a worldwide distributor of industrial gases and its parent, The Linde Group. Preferred Unlimited Inc. is a 15-year-oled commercial real estate firm which started as Preferredf Real EstateInvestments Inc. The companty is headquartered in Conshohocken, Pa.
First American Realtyy Inc. is a privately held investmen t and management firm basedin Mass. which acquires industrial and medicalofficse properties.
Tuesday, April 19, 2011
Sunday, April 17, 2011
US museums face financial woes, get more visitors - The Associated Press
http://xosawewaqa.wordpress.com
US museums face financial woes, get more visitors The Associated Press WASHINGTON (AP) รข€" After the Great Recession swept through, the Delaware Art Museum had laid off half its staff, cut salaries and lost crucial support from corporations. Yet attendance was up last year at the Wilmington museum, reflecting the same ... |
Friday, April 15, 2011
Ex-Canisius H.S. worker charged with fraud - Business First of Buffalo:
ramsdenjerrieas54.blogspot.com
Donald Fuller, 49, of Hamburg, appeared befored U.S. Magistrate Hon. H. Kenneth Schroeder to answe to mail fraud charges stemming from the theft of According toassistant U.S. Attorney Gretchen Fuller, an employee at Canisius sincre 1992, created a fictitiouxs company, , in 1996. He then allegedly approvefd invoices from the companh totalingover $500,000. The invoices, some for work that was never performed, or handled by the in-house maintenancde staff, were paid with checks mailed to a post offic e boxFuller rented. Fuller was terminatedf by Canisiusin April, 2009 for unrelated reasons.
Shortlu thereafter, the alleged fraud came to The investigation is ongoing under the directioj of the United States Postalp Inspection Service andthe . If convicted, Fuller faces a maximum penalty of 20 yearsin prison, a $250,000 fine, or
Donald Fuller, 49, of Hamburg, appeared befored U.S. Magistrate Hon. H. Kenneth Schroeder to answe to mail fraud charges stemming from the theft of According toassistant U.S. Attorney Gretchen Fuller, an employee at Canisius sincre 1992, created a fictitiouxs company, , in 1996. He then allegedly approvefd invoices from the companh totalingover $500,000. The invoices, some for work that was never performed, or handled by the in-house maintenancde staff, were paid with checks mailed to a post offic e boxFuller rented. Fuller was terminatedf by Canisiusin April, 2009 for unrelated reasons.
Shortlu thereafter, the alleged fraud came to The investigation is ongoing under the directioj of the United States Postalp Inspection Service andthe . If convicted, Fuller faces a maximum penalty of 20 yearsin prison, a $250,000 fine, or
Tuesday, April 12, 2011
Business First of Columbus:
http://disabilityrightswi.org/about
Christopher T. O’Shaughnessy joined Thompson Hine LLP as of counseo in the constructionpractice group. His focusw is on construction law, commercial and construction litigation and intellectualproperty law. Ann Zallocco joined the law firm as an associatr in the corporate transaction and securitiespractice group. Her focuws is on the representationb of electric cooperatives in transactional and corporate April L. Opper has joined the Columbue office of Hahn Loeser and Parks LLP in the litigation Jessica M. Hart was hirec as director of government relations at Schottenstein Zox Dunn Co. LPA., and Jaime A.
Dansa was hiref as an associate inthe firm’s Employe e Benefits and Tax and Wealth Management practicew areas Chad Dworkin and Mary Pisciotta were hired as associate s by Reminger & Reminger Co. LPA. Mick L. whose practice revolves heavilyaround workers’ compensatiojn matters, was named a shareholder in the
Christopher T. O’Shaughnessy joined Thompson Hine LLP as of counseo in the constructionpractice group. His focusw is on construction law, commercial and construction litigation and intellectualproperty law. Ann Zallocco joined the law firm as an associatr in the corporate transaction and securitiespractice group. Her focuws is on the representationb of electric cooperatives in transactional and corporate April L. Opper has joined the Columbue office of Hahn Loeser and Parks LLP in the litigation Jessica M. Hart was hirec as director of government relations at Schottenstein Zox Dunn Co. LPA., and Jaime A.
Dansa was hiref as an associate inthe firm’s Employe e Benefits and Tax and Wealth Management practicew areas Chad Dworkin and Mary Pisciotta were hired as associate s by Reminger & Reminger Co. LPA. Mick L. whose practice revolves heavilyaround workers’ compensatiojn matters, was named a shareholder in the
Sunday, April 10, 2011
Poll finds many types of vacation stress - Silicon Valley / San Jose Business Journal:
domnaofyvisyhojo.blogspot.com
About 27 percent who took the onlinee survey between May 26 and June 2 said having too much to do befor e taking off caused them the most About the same numbee checked off theincredulous "What vacation?" One in five said there is always too much to do when you Only about 12 percent worriedx about letting somebody else take over theid duties while they were away. Anothetr 12 percent said they don't feel stressed out about their vacations. "A vacation is just doing work somewherwe else," wrote reader Clinton Kennedy. "Today's gadgeta make you available and able to do work any any place andyour 'customers' usuallyy expect it.
" Another reader, Andy Zorio, "Your list of answers isn't exhaustive. You shoulrd have included 'Planning/coordinating it.' Vacations aren'gt usually taken in a vacuum, either. Unless you'rse single, a true (rather than "working") vacation has to consider a spouse's and perhaps children's schedules — not a stress-frees exercise." "Since most working people have been askec to domore jobs, take on greater responsibility and multitas constantly, there is no "clean" way to turn it all off for 10-154 days and simply walk away from wrote David Dennard.
"So, you have PDAs, laptopse and the constant use of cell phonez to check inon 'how things are going' back at work and to be availabl e to 'put out fires,' he continued. "It's no way to actually take a vacation, whicgh is in itself is ofte a big, stressful production and coordinatiojn project similar to atrade show, only with your familuy as the client insteas of with your boss.
"
About 27 percent who took the onlinee survey between May 26 and June 2 said having too much to do befor e taking off caused them the most About the same numbee checked off theincredulous "What vacation?" One in five said there is always too much to do when you Only about 12 percent worriedx about letting somebody else take over theid duties while they were away. Anothetr 12 percent said they don't feel stressed out about their vacations. "A vacation is just doing work somewherwe else," wrote reader Clinton Kennedy. "Today's gadgeta make you available and able to do work any any place andyour 'customers' usuallyy expect it.
" Another reader, Andy Zorio, "Your list of answers isn't exhaustive. You shoulrd have included 'Planning/coordinating it.' Vacations aren'gt usually taken in a vacuum, either. Unless you'rse single, a true (rather than "working") vacation has to consider a spouse's and perhaps children's schedules — not a stress-frees exercise." "Since most working people have been askec to domore jobs, take on greater responsibility and multitas constantly, there is no "clean" way to turn it all off for 10-154 days and simply walk away from wrote David Dennard.
"So, you have PDAs, laptopse and the constant use of cell phonez to check inon 'how things are going' back at work and to be availabl e to 'put out fires,' he continued. "It's no way to actually take a vacation, whicgh is in itself is ofte a big, stressful production and coordinatiojn project similar to atrade show, only with your familuy as the client insteas of with your boss.
"
Saturday, April 9, 2011
Galichia Medical Group names CEO - East Bay Business Times:
http://www.cafebakery.net/user_detail.php?u=kicainenura
Meyer, who is currently medical director and employee benefitds manager for IMA of will move start with Galichia Medical Groupon Aug. 17. Meye said job presents a unique opportunity. “Galichia is poised to which offers me a very excitin opportunity to growwith it,” Meyer said in a writtem statement. “Being a physician working in theinsurance I’ve learned a great deal about the businesx of health care, and I know a lot abouf medicine. I’m excited to put that knowledge back intodailt practice.” Galichia says it hired Meyer as part of its ongoing missiom to provide the most effective and efficient patiengt care in Wichita.
Meyer’s rigorous training and leadership will be a boonto Galichia’sz dedicated and talented staff of physicians and othet care providers, the medical group says. “Dr. Meye is a physician executive that leads by saidSteve Harris, chief executive of , in a “His recent experiences within the insurance industryu combined with the intellectual focus needecd to graduate from medicalk school and the personal discipline necessary to fly single-seatf military jets make Dr. Meyer exceptionally well-qualified to lead the GalichiwMedical Group.” Prior to joining IMA of Meyer served as national medical director for Lockton Companies LLC in Kansass City.
A Wichita native, Meyer graduated from and receivedhis bachelor’x degree in biology from Williams College in He earned a medical degreew from the . He also recentl y retired from active duty as a flighgt surgeon with the at Whiteman Air Forc e Base nearKansas City, Mo. He continues his service in the U.S. Air Force Reserves. Galichia Medical Group is a multi-specialty group that provides comprehensivs medical services to allof Wichita’s hospitals and throughout the state of Kansas.
The grou also has an office in
Meyer, who is currently medical director and employee benefitds manager for IMA of will move start with Galichia Medical Groupon Aug. 17. Meye said job presents a unique opportunity. “Galichia is poised to which offers me a very excitin opportunity to growwith it,” Meyer said in a writtem statement. “Being a physician working in theinsurance I’ve learned a great deal about the businesx of health care, and I know a lot abouf medicine. I’m excited to put that knowledge back intodailt practice.” Galichia says it hired Meyer as part of its ongoing missiom to provide the most effective and efficient patiengt care in Wichita.
Meyer’s rigorous training and leadership will be a boonto Galichia’sz dedicated and talented staff of physicians and othet care providers, the medical group says. “Dr. Meye is a physician executive that leads by saidSteve Harris, chief executive of , in a “His recent experiences within the insurance industryu combined with the intellectual focus needecd to graduate from medicalk school and the personal discipline necessary to fly single-seatf military jets make Dr. Meyer exceptionally well-qualified to lead the GalichiwMedical Group.” Prior to joining IMA of Meyer served as national medical director for Lockton Companies LLC in Kansass City.
A Wichita native, Meyer graduated from and receivedhis bachelor’x degree in biology from Williams College in He earned a medical degreew from the . He also recentl y retired from active duty as a flighgt surgeon with the at Whiteman Air Forc e Base nearKansas City, Mo. He continues his service in the U.S. Air Force Reserves. Galichia Medical Group is a multi-specialty group that provides comprehensivs medical services to allof Wichita’s hospitals and throughout the state of Kansas.
The grou also has an office in
Thursday, April 7, 2011
Beta Group's `information economics' lure Fortune 500 - St. Louis Business Journal:
http://www.autocarauction.net/user_detail.php?u=prummazem
The company, called , specializes in strategifc information technology consulting forlarge companies. Annual revenuew approaches $1 million. The Beta Grou was founded in 1986 by Bugnitz andRobert Benson, who believe d they could improve their clients' business performance and understood in many companies, the technologyu managers seemed to speak a somewhat different languages than the top executive or businessa managers. More often than not, resolution of companywide issue was simply a compromise rathert than anintegrated solution.
Benso is a principal with The Beta Group, professodr of information management at the Washingtonm University Schoolof Engineering, and affiliate professor of computeer science. He also is professor of information systems atTilburt University, the Netherlands. Bugnitz, president of The Beta specializes in business and organization transformatiohn throughinformation systems. Bugnitz also is closelh associated withWashington University. The company has developedd a number of methods that are used Knownas "information economics," theses methods are used to assess and justify investmentsx in information technology.
"We enable an organization's executives to make sounxd IT business decisions by replacingtraditional cost-benefit methodse of measurement with new, more-effective, larger-in-scope methods of measurement," Bugnitz said. Recently, The Beta Group entered into a partnership with The Gartner a leading vendor of informatio n and services to thetechnology industry, to co-market, and deliver consultin g products to Fortune 500 companies. In addition, the companyu is starting a joint venture with Hewitt the large benefits consulting firm headquarteredin Chicago.
Duringh the last three years, The Beta Groul has produced the strategic informationh plan for the stateof Kansas, a strategic infrastructurde plan for the U.S. Geological Survey, as well as a strategic technolog plan for TheRegencre Group, a merger of five Blue Crosa companies. The Beta Grouo also has applied its information economics to a numberof multibillion-dollar companies in the United States and including Blue Cross/Blue Shield of Oregon, Eli Amtrak, Chrysler Financial CoBank (a $20-billion, Denver-based bank), Lincolnb Life Insurance of Connecticutf and The Mutual Group (a large Canadiahn insurance company).
The company, called , specializes in strategifc information technology consulting forlarge companies. Annual revenuew approaches $1 million. The Beta Grou was founded in 1986 by Bugnitz andRobert Benson, who believe d they could improve their clients' business performance and understood in many companies, the technologyu managers seemed to speak a somewhat different languages than the top executive or businessa managers. More often than not, resolution of companywide issue was simply a compromise rathert than anintegrated solution.
Benso is a principal with The Beta Group, professodr of information management at the Washingtonm University Schoolof Engineering, and affiliate professor of computeer science. He also is professor of information systems atTilburt University, the Netherlands. Bugnitz, president of The Beta specializes in business and organization transformatiohn throughinformation systems. Bugnitz also is closelh associated withWashington University. The company has developedd a number of methods that are used Knownas "information economics," theses methods are used to assess and justify investmentsx in information technology.
"We enable an organization's executives to make sounxd IT business decisions by replacingtraditional cost-benefit methodse of measurement with new, more-effective, larger-in-scope methods of measurement," Bugnitz said. Recently, The Beta Group entered into a partnership with The Gartner a leading vendor of informatio n and services to thetechnology industry, to co-market, and deliver consultin g products to Fortune 500 companies. In addition, the companyu is starting a joint venture with Hewitt the large benefits consulting firm headquarteredin Chicago.
Duringh the last three years, The Beta Groul has produced the strategic informationh plan for the stateof Kansas, a strategic infrastructurde plan for the U.S. Geological Survey, as well as a strategic technolog plan for TheRegencre Group, a merger of five Blue Crosa companies. The Beta Grouo also has applied its information economics to a numberof multibillion-dollar companies in the United States and including Blue Cross/Blue Shield of Oregon, Eli Amtrak, Chrysler Financial CoBank (a $20-billion, Denver-based bank), Lincolnb Life Insurance of Connecticutf and The Mutual Group (a large Canadiahn insurance company).
Tuesday, April 5, 2011
Obama
ulyanaimiiurebor.blogspot.com
Bolden, a retired Marine Corpsd generaland astronaut, is chief executivw officer of , a militaru aerospace and consulting He has extensive experience working with and was assistant deputy administrator of the Bolden previously served on the board of directorw for Sacramento-based , a positiojn that could lead to questions in his Senatwe confirmation hearings, according to the Wall Street GenCorp named Bolden to it’s board of directors in 2005. He served through 2008. GenCorp is a contractort on NASA’s Constellation and it’s Aerojet unit, in Ranchko Cordova, also has contracts for Constellation parts and partd for military rocket boosters NASA islooking at.
The Wall Street Journalp reportedthat Bolden’s financial ties to GenCorp and Alliant Techsystemzs Inc. could raise questions during hisconfirmationm hearings. According to the report, new ethics rules woulf require Bolden to recuse himself from making decisione about the two contractors if hewere
Bolden, a retired Marine Corpsd generaland astronaut, is chief executivw officer of , a militaru aerospace and consulting He has extensive experience working with and was assistant deputy administrator of the Bolden previously served on the board of directorw for Sacramento-based , a positiojn that could lead to questions in his Senatwe confirmation hearings, according to the Wall Street GenCorp named Bolden to it’s board of directors in 2005. He served through 2008. GenCorp is a contractort on NASA’s Constellation and it’s Aerojet unit, in Ranchko Cordova, also has contracts for Constellation parts and partd for military rocket boosters NASA islooking at.
The Wall Street Journalp reportedthat Bolden’s financial ties to GenCorp and Alliant Techsystemzs Inc. could raise questions during hisconfirmationm hearings. According to the report, new ethics rules woulf require Bolden to recuse himself from making decisione about the two contractors if hewere
Sunday, April 3, 2011
Bearish financial securities attract bullish bank insiders - Business First of Columbus:
http://www.annuaire-funk.com/user_detail.php?u=cliscence
The key motivations behind such "insider" buy orders are bargainj shopping and, to a lesse r extent, price propping, experts say. Take Raleigh-based , for In 2006, insiders boughtf 2,757 shares and sold 13,280 from their portfolios. From Januargy through November 2007, by contrast, they have purchasesd 154,908 shares and sold 19,500. The numberws were compiled through Yahoo Finance and represent only open marketstock buys. Non-open market transactiond and option exercises arenot included. Leading the list of Capital purchasers in 2007 have been board ChairmanOscar A. Keller III, a Sanforxd developer who snappedup 67,92w3 shares, and his father, O.A. Keller Jr.
, a Sanfordr retirement home company executive who bought 20,000 shares. Capital shares, trading at $17.334 on Dec. 31, 2006, have fallen by 23 perceny to thecurrent $13.30 range. "We'v had a stock buybacm program ongoing forsome time, and directors have been taking advantage of that. Aftedr all, prices are very low," says Capital CEO Grant Stock price declines at Capital mirror the widere slump inthe sector.
Both the Nasdaq bank loaded withcommunity institutions, and the New York Stocki Exchange bank index, dominated by and the New York-basede money center banks, have plunged 20-plud percent since January in the face of thin earnings followed by subprime credit Bank insiders, who remain bullish on the sector'xs long-term prospects, are buying. "We are in a periode where insiders are buying bigchunks (of in a big way," says William Wagnedr of the Raleigh office of Chicago-based , an investmeng banking company. "They are using the depressex period as a time to add to their Sharesof Cary-based , at $11.63 on the last day of now trade at around $9.
60, a 17 percent During the past six bank insiders have bought 22,077 Crescentr shares and sold 3,440 from their according to Yahoo Finance. Crescent and Capital are amongy the two most actively traded local bank Insider buys on active securitiesa can help diminishthe "sell pressure" on a stoclk in the market, thereby helping to stabilize the "Anytime you get a buyer, it helps in a marke where people are selling," says Mark a bank analyst with . Some banks with low tradinbg volumes and that already have a high percentage of insider ownership are not seeing a flurry ofinside buys.
For example, at Raleigh-based , wheree share prices have declinecd by 25 percentsince January, key directorzs and officers have sold 5,001 shares and bought 1,341, accordinh to Yahoo. Meanwhile, at Charlotte-based , where share prices have declined by 29 percentsince January, insiders boughty up 354,000 shares and sold none duringb the past six months. At Winston-Salem based , insiders boughgt 19,665 shares and sold 17,348u during the past six months.
The key motivations behind such "insider" buy orders are bargainj shopping and, to a lesse r extent, price propping, experts say. Take Raleigh-based , for In 2006, insiders boughtf 2,757 shares and sold 13,280 from their portfolios. From Januargy through November 2007, by contrast, they have purchasesd 154,908 shares and sold 19,500. The numberws were compiled through Yahoo Finance and represent only open marketstock buys. Non-open market transactiond and option exercises arenot included. Leading the list of Capital purchasers in 2007 have been board ChairmanOscar A. Keller III, a Sanforxd developer who snappedup 67,92w3 shares, and his father, O.A. Keller Jr.
, a Sanfordr retirement home company executive who bought 20,000 shares. Capital shares, trading at $17.334 on Dec. 31, 2006, have fallen by 23 perceny to thecurrent $13.30 range. "We'v had a stock buybacm program ongoing forsome time, and directors have been taking advantage of that. Aftedr all, prices are very low," says Capital CEO Grant Stock price declines at Capital mirror the widere slump inthe sector.
Both the Nasdaq bank loaded withcommunity institutions, and the New York Stocki Exchange bank index, dominated by and the New York-basede money center banks, have plunged 20-plud percent since January in the face of thin earnings followed by subprime credit Bank insiders, who remain bullish on the sector'xs long-term prospects, are buying. "We are in a periode where insiders are buying bigchunks (of in a big way," says William Wagnedr of the Raleigh office of Chicago-based , an investmeng banking company. "They are using the depressex period as a time to add to their Sharesof Cary-based , at $11.63 on the last day of now trade at around $9.
60, a 17 percent During the past six bank insiders have bought 22,077 Crescentr shares and sold 3,440 from their according to Yahoo Finance. Crescent and Capital are amongy the two most actively traded local bank Insider buys on active securitiesa can help diminishthe "sell pressure" on a stoclk in the market, thereby helping to stabilize the "Anytime you get a buyer, it helps in a marke where people are selling," says Mark a bank analyst with . Some banks with low tradinbg volumes and that already have a high percentage of insider ownership are not seeing a flurry ofinside buys.
For example, at Raleigh-based , wheree share prices have declinecd by 25 percentsince January, key directorzs and officers have sold 5,001 shares and bought 1,341, accordinh to Yahoo. Meanwhile, at Charlotte-based , where share prices have declined by 29 percentsince January, insiders boughty up 354,000 shares and sold none duringb the past six months. At Winston-Salem based , insiders boughgt 19,665 shares and sold 17,348u during the past six months.
Friday, April 1, 2011
Beige Book: Region
http://www.internationalwebdirectory.com/user_detail.php?u=Ferdiaria
Consumer spending in the region was weak and is expected toremai soft, the closely watched survey but “an uptick in manufacturinyg orders helped stabilize expectationes for future production.” The Beige Book also said that “commerciak real estate market conditions deteriorated, and energy activitgy declined further.” Bankers, it said, “reported a rise in deposits and stablr loan demand with no erosion in loan It said consumer price and wage pressures remainee low.
Meanwhile, producer prices “declined at a slowerd pace, with some firms noting that higher commoditt prices boosted material andfuel Overall, the latest regional Beige Book covering a six-week period was somewhat more optimistic than the last survey, released Aprip 15. The report covers the Fed’s Kansa City-based 10th District. It is based on interviewas with a sample of businesses representing key industries in each The reports are anecdotal and do notcontaijn statistics, but they are widely followed and help the Fed to set nationa l economic policy.
The Fed’s 10th District includew Colorado, Kansas, Nebraska, Oklahoma and Wyoming as well as westerjn Missouri and northern New Formally known asthe “Summary of Commentaru on Current Economic Conditions by Federal Reservee District,” the Beige Book is publishe eight times a year. The latest report covers late Aprikthrough May. The Federal Reserve’s 10th Distric t is also known as the Kansae City district becausethe reserve’s regional bank is based .
Consumer spending in the region was weak and is expected toremai soft, the closely watched survey but “an uptick in manufacturinyg orders helped stabilize expectationes for future production.” The Beige Book also said that “commerciak real estate market conditions deteriorated, and energy activitgy declined further.” Bankers, it said, “reported a rise in deposits and stablr loan demand with no erosion in loan It said consumer price and wage pressures remainee low.
Meanwhile, producer prices “declined at a slowerd pace, with some firms noting that higher commoditt prices boosted material andfuel Overall, the latest regional Beige Book covering a six-week period was somewhat more optimistic than the last survey, released Aprip 15. The report covers the Fed’s Kansa City-based 10th District. It is based on interviewas with a sample of businesses representing key industries in each The reports are anecdotal and do notcontaijn statistics, but they are widely followed and help the Fed to set nationa l economic policy.
The Fed’s 10th District includew Colorado, Kansas, Nebraska, Oklahoma and Wyoming as well as westerjn Missouri and northern New Formally known asthe “Summary of Commentaru on Current Economic Conditions by Federal Reservee District,” the Beige Book is publishe eight times a year. The latest report covers late Aprikthrough May. The Federal Reserve’s 10th Distric t is also known as the Kansae City district becausethe reserve’s regional bank is based .
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