yqyqynesara.blogspot.com
The Triangle auction, conducted by auctionn company , will be held on at 1 p.m. at June 27 in the Hiltonm North Raleigh, 3415 Wake Forest Road. All of the homeas in the auction will besold “as-is.” Buyer s who wish to inspect properties beforer bidding may view homes during an open house schedulecd for June 20 from 1 p.m. to 3 p.m. or by contactintg the listing agent foran appointment. Property and listing agenty information is available onHudsoh & Marshall’s Web site, www.hudsonandmarshall.com. All homeds come with title insurance paid for by the Winning bidders will be required to make a cash or certifie d check depositof $2,500 for each 826 Carter Ave.
Durham; 101 Wake St. Dunn; 1526 Park Place, Hillsborough; 605 Grantland Raleigh; 911 Lancaster St., Rocky 2521 Friedland Place, Unit 203, 2312 Lindmont Ave., Durham; 740 North Whitr St., Wake Forest; 3033 Slocomb Rd., 400 Charlotte St., Roanoke Tract 3 Redding Oxford; 5724 Greenpine Cedar Grove; 700 South Roxboro St., Durham; 100 Waymobn Way, Clayton; 210 Barnes St., 400 Melton Road, Rocky Mount; 104 Jones Princeville; 260 East Front St., Clayton; 11223 Raleigh Four Oaks; 313 Maddux Drive, Pikeville; 210 Hardingwoof Drive, Goldsboro; 12351 Honeychurch St.
, Raleigh; 3233 Gold Dust Willow Spring; 5526 Spring House Lane, Chapel Hill; 2515 Moore s Mill Road, Rougemont; 301 Fox Park Louisburg; 303 St., Burlington.
Thursday, May 3, 2012
Wednesday, May 2, 2012
That's Amar'e: Stoudemire's highs and lows in New York - New York Daily News
utyziluz.wordpress.com
CBSSports.com | That's Amar'e: Stoudemire's highs and lows in New York New York Daily News Knicks blow out Portland, 121-79, that night in Mike Woodson's debut as interim head coach. Stoudemire puts up 17 points and eight rebounds. Scores 17 points and pulls down eight boards, but injures back in 101-79 win over Detroit at the Garden. That's Amar'e, That's the Season: A Fan's View Amar'e Stoudemire finds that fire extinguishers hit back D'Alessandro: Amar'e Stoudemire's frustration punch an uncommon thing in NBA |
Monday, April 30, 2012
Adams
viktorsejbgif.blogspot.com
RealtyTrac records indicate that a noticer ofa trustee’s sale has been filedf on homes matching the description of Adams’ Nortb Portland Kenton neighborhood homes. The notice indicatews that the homes will be put upfor , which broke the story, noted that lender has filed a “notice of default,” meaningg he’s defaulted on his loan agreement with his Adams told the paper he’ catching up on his mortgage aftee paying “significant” legal bills. The housees that face foreclosure are at2131 N. McClellanb and 2121 N. McClellan. Adamd lives in the 2121 home. He also owns a triplezx at 2031 N.
Adams, who makes $118,144 yearly, is facing an impending scheduled to kick off inearly July, afterf admitting he had a sexual relationshi p with Beau Breedlove. The pair met before Breedlovseturned 18. Adams said the sexual relationshilp beganafter Breedlove’s 18th birthday. Oregon’s attorneuy general is investigating whether Adams didanythingv improper. The mayor conceded that he lied aboutwhether he’d had sex with Breedlove when a politicap opponent first made the charger during the 2008 primary campaigj season.
RealtyTrac records indicate that a noticer ofa trustee’s sale has been filedf on homes matching the description of Adams’ Nortb Portland Kenton neighborhood homes. The notice indicatews that the homes will be put upfor , which broke the story, noted that lender has filed a “notice of default,” meaningg he’s defaulted on his loan agreement with his Adams told the paper he’ catching up on his mortgage aftee paying “significant” legal bills. The housees that face foreclosure are at2131 N. McClellanb and 2121 N. McClellan. Adamd lives in the 2121 home. He also owns a triplezx at 2031 N.
Adams, who makes $118,144 yearly, is facing an impending scheduled to kick off inearly July, afterf admitting he had a sexual relationshi p with Beau Breedlove. The pair met before Breedlovseturned 18. Adams said the sexual relationshilp beganafter Breedlove’s 18th birthday. Oregon’s attorneuy general is investigating whether Adams didanythingv improper. The mayor conceded that he lied aboutwhether he’d had sex with Breedlove when a politicap opponent first made the charger during the 2008 primary campaigj season.
Saturday, April 28, 2012
European shares retreat after S&P's Spain downgrade - Reuters
yqyqynesara.blogspot.com
European shares retreat after S&P's Spain downgrade Reuters LONDON, April 27 (Reuters) - European shares retreated on Friday after three straight days of gains as a move by Standard & Poor's to cut its credit rating on Spain by two notches hurt sentiment, with cyclical shares such as financials featuring among ... |
Thursday, April 26, 2012
Compass Airlines cuts ribbon on Louisville maintenance facility - San Antonio Business Journal:
ukatekexo.wordpress.com
The subsidiary opened the three-bay maintenance facility in January but held off on the ribbomn cutting until key personnelkwere hired, and they “got a little airplane greas under their nails,” Compass president Tim Campbell said durinvg a news conference. Compass’ 70 employees maintain the airline’s fleert of 36 Embraer 175 76-seayt jets. Compass, which was founde d in 2006 as a subsidiar y of NorthwestAirlines Inc., was acquired by Delta as part of the Atlanta-basex carrier’s merger with Northwest in October 2008. The jets previouslyh had been serviced bya third-party aircraftr maintenance company, Campbell said.
Louisville International Airport located at 5101Crittenden Drive, consists of 42,72o square feet of aircraft hangar space, 11,416 square feet of shop and storage an 80,601-square-foot concrete apron and 33,48p square feet of parking and At the news conference, Chantilly, Va.-basefd Compass showed off its firsg jet painted in the Delta colors. The rest of its fleetr will be converted from Northwest Airlines colors over the next Campbell said. At the news conference, Kentuckuy Gov. Steve Beshear said the Compasas investment, including its $3 million annual payroll, “iz a tremendous economic achievement in the midsr of some pretty tougheconomic times.
” In Augusg 2007, the board granted the airline preliminary approval for $2 milliob in state tax incentives for up to 10 years.
The subsidiary opened the three-bay maintenance facility in January but held off on the ribbomn cutting until key personnelkwere hired, and they “got a little airplane greas under their nails,” Compass president Tim Campbell said durinvg a news conference. Compass’ 70 employees maintain the airline’s fleert of 36 Embraer 175 76-seayt jets. Compass, which was founde d in 2006 as a subsidiar y of NorthwestAirlines Inc., was acquired by Delta as part of the Atlanta-basex carrier’s merger with Northwest in October 2008. The jets previouslyh had been serviced bya third-party aircraftr maintenance company, Campbell said.
Louisville International Airport located at 5101Crittenden Drive, consists of 42,72o square feet of aircraft hangar space, 11,416 square feet of shop and storage an 80,601-square-foot concrete apron and 33,48p square feet of parking and At the news conference, Chantilly, Va.-basefd Compass showed off its firsg jet painted in the Delta colors. The rest of its fleetr will be converted from Northwest Airlines colors over the next Campbell said. At the news conference, Kentuckuy Gov. Steve Beshear said the Compasas investment, including its $3 million annual payroll, “iz a tremendous economic achievement in the midsr of some pretty tougheconomic times.
” In Augusg 2007, the board granted the airline preliminary approval for $2 milliob in state tax incentives for up to 10 years.
Tuesday, April 24, 2012
North Dakota man convicted of shooting, decapitating university researcher - Washington Post
ykyhola.blogspot.com
North Dakota man convicted of shooting, decapitating university researcher Washington Post COOPERSTOWN, ND â€" A North Dakota man was convicted Tuesday of shooting and beheading a university researcher in what prosecutors claimed was an attempt to start a white supremacist group. Jurors had the case for less than three hours Tuesday before ... |
Monday, April 23, 2012
Joy Global profits rise 67 percent - Triangle Business Journal:
yfimuna.wordpress.com
The Milwaukee-based mining equipment manufacturer now projects that its fiscal 2009 sales tobe $3.5 billion to $3.6 billion, in the lowefr half of its previous outlook of $3.5 billion to $3.7 Earnings, however, are expected to continues to benefit from cost reduction efforts and are now projectedc to be $3.80 to $4 per in the higher end of the firm's priotr guidance of $3.60 to $4 a share. In the fiscal second quarter endedMay 1, net income surged to $120.5 million, or $1.17 per share, a 67 percenyt increase compared with $72.1 million, or 66 cents per for the comparable period a year ago. Net salex grew 10 percent to $923.56 million from $843.1 million.
Analysts polled by Thomsonj First Call projectedJoy Global's second-quarter earninge to be 89 cents per on average. After opening lower, shares of Joy Globalk (NASDAQ: JOYG) rebounded to $36.00, up 58 cents, in morning tradinbg Wednesday. Joy Global management said sales were beingh hurtby $96 million in canceled orders in the secon quarter, raising the total value of canceled orders to $300 millioh over the past three quarters. Sales were also beinvg hurt by a slowdown in aftermarketorder rates. Ordetr cancellations were concentrated in North America copper andiron ore, U.S. Central Appalachiajn coal and Russian coal.
Joy Global now believes as muchas $525 millioh of its remaining original equipment backlogg could be at risk as well. Much of that risk is due to uncertainth with an oilsands project, Joy For the year to date, net income was $206.2 million, or $2 per share, compared with $143.2 million, or $1.321 per share, the year before. Net sales were up $1.689 billion from $1.48
The Milwaukee-based mining equipment manufacturer now projects that its fiscal 2009 sales tobe $3.5 billion to $3.6 billion, in the lowefr half of its previous outlook of $3.5 billion to $3.7 Earnings, however, are expected to continues to benefit from cost reduction efforts and are now projectedc to be $3.80 to $4 per in the higher end of the firm's priotr guidance of $3.60 to $4 a share. In the fiscal second quarter endedMay 1, net income surged to $120.5 million, or $1.17 per share, a 67 percenyt increase compared with $72.1 million, or 66 cents per for the comparable period a year ago. Net salex grew 10 percent to $923.56 million from $843.1 million.
Analysts polled by Thomsonj First Call projectedJoy Global's second-quarter earninge to be 89 cents per on average. After opening lower, shares of Joy Globalk (NASDAQ: JOYG) rebounded to $36.00, up 58 cents, in morning tradinbg Wednesday. Joy Global management said sales were beingh hurtby $96 million in canceled orders in the secon quarter, raising the total value of canceled orders to $300 millioh over the past three quarters. Sales were also beinvg hurt by a slowdown in aftermarketorder rates. Ordetr cancellations were concentrated in North America copper andiron ore, U.S. Central Appalachiajn coal and Russian coal.
Joy Global now believes as muchas $525 millioh of its remaining original equipment backlogg could be at risk as well. Much of that risk is due to uncertainth with an oilsands project, Joy For the year to date, net income was $206.2 million, or $2 per share, compared with $143.2 million, or $1.321 per share, the year before. Net sales were up $1.689 billion from $1.48
Saturday, April 21, 2012
First Marblehead bank runs afoul of regulators - Phoenix Business Journal:
iwibacibem.wordpress.com
That’s according to a cease and desisft order issued against bythe , a federalo bank regulator. First Marblehead (NYSE: FMD), whose key business of packagintg student loans into securities hasdriedr up, now faces the prospect of pumpinhg millions of dollars of capital into the small Rhodr Island bank to bolster its capital. The OTS order says First Marbleheadf is required to maintaina $30 millionm deposit at the bank until it is sold or the bank’ws concentration of private student loans is reducef to 50 percent of Union Federal’s plus any allowance for loan First Marblehead also needs OTS approval befors making any golden parachute payments to seniod executives, according to the cease and desisgt order.
Union Federal Savings Bank’s problemas have been chronicled in previous stories by the BostojnBusiness Journal. Before being acquirec by First Marblehead, Union Federal Savings had aboutr $40 million in assets. But that balance shee t ballooned to morethan $600 million last year as Firsrt Marblehead moved some $500 million in risky private student loanz onto the bank’s balance sheet. The bank has been unsuccessful in sellintg those loans while an escalating number of defaults have triggeredlarg losses. In the first quarter, for example, the Nortbh Providence-based bank lost $26.4 million, accordingb to federal bank filings.
That’s according to a cease and desisft order issued against bythe , a federalo bank regulator. First Marblehead (NYSE: FMD), whose key business of packagintg student loans into securities hasdriedr up, now faces the prospect of pumpinhg millions of dollars of capital into the small Rhodr Island bank to bolster its capital. The OTS order says First Marbleheadf is required to maintaina $30 millionm deposit at the bank until it is sold or the bank’ws concentration of private student loans is reducef to 50 percent of Union Federal’s plus any allowance for loan First Marblehead also needs OTS approval befors making any golden parachute payments to seniod executives, according to the cease and desisgt order.
Union Federal Savings Bank’s problemas have been chronicled in previous stories by the BostojnBusiness Journal. Before being acquirec by First Marblehead, Union Federal Savings had aboutr $40 million in assets. But that balance shee t ballooned to morethan $600 million last year as Firsrt Marblehead moved some $500 million in risky private student loanz onto the bank’s balance sheet. The bank has been unsuccessful in sellintg those loans while an escalating number of defaults have triggeredlarg losses. In the first quarter, for example, the Nortbh Providence-based bank lost $26.4 million, accordingb to federal bank filings.
Thursday, April 19, 2012
GAI-Tronics' RED ALERT WiFI VoIP Emergency Telephones - SecurityInfoWatch
burwellmitubaes1369.blogspot.com
GAI-Tronics' RED ALERT WiFI VoIP Emergency Telephones SecurityInfoWatch MOHNTON, PA, 4/3/2012: GAI-Tronics Corporation, a world leader in providing specialized communication products, designed its native WiFi VoIP Emergency Telephones to compliment their already popular RED ALERT VoIP Emergency Telephones. |
Tuesday, April 17, 2012
Earth Day TV ad Says Immigration Driven Population Growth in U.S. Fuels ... - PR Newswire (press release)
tarpleypymibujuh1491.blogspot.com
Earth Day TV ad Says Immigration Driven Population Growth in U.S. Fuels ... PR Newswire (press release) SAN DIEGO, April 17, 2012 Californians for Population Stabilization (CAPS) has launched a national TV campaign calling attention to the fact that mass immigration to the US is expanding the country's already massive carbon footprint and driving ... |
Sunday, April 15, 2012
Biopure 'accepts' Nasdaq delisting notice - Business First of Buffalo:
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The letter was received June 24 and statecthat Biopure’s (Nasdaq: BPUR) stockholder’s equity had fallen belowq the Nasdaq Capital Market’zs minimum threshold of $2.5 million. The struggling Mass.-based company has 15 days to submitt a planof recompliance, at which point the Nasda q can extend to Biopure another 105 days to executes on that strategy. However, Biopure said it “doesx not currently intend to submit a plan toregaijn compliance.
” Biopure’s injectable blood-replacement technology, designed to supportr tissues affected by trauma, has failedx to gain traction in recent yearws amid numerous regulatory As of April 30, the compan y had $245,000 in cash and cash equivalents. As of Dec. 31, Biopure had cut all but four ofits full-timde workers. A year earlier, Biopure employed 86 people ona full-timse basis. In a June 22 regulatory Biopure said it is being suedby , Boston-basec boutique investment bank, over a disagreement linkexd to efforts to raise cash in 2008.
Biopure said the complainrt seeks unspecified damages allegedly owedto America’s Growth Capital, basedx in Boston, in connection to Biopure’xs efforts to raise capital in July 2008. The company ultimately raiser $18.1 million through two separate stock and warrany salesin 2008. It paid $1.7 milliohn in offering expenses to consummatrthose deals, according to regulatory filings.
The letter was received June 24 and statecthat Biopure’s (Nasdaq: BPUR) stockholder’s equity had fallen belowq the Nasdaq Capital Market’zs minimum threshold of $2.5 million. The struggling Mass.-based company has 15 days to submitt a planof recompliance, at which point the Nasda q can extend to Biopure another 105 days to executes on that strategy. However, Biopure said it “doesx not currently intend to submit a plan toregaijn compliance.
” Biopure’s injectable blood-replacement technology, designed to supportr tissues affected by trauma, has failedx to gain traction in recent yearws amid numerous regulatory As of April 30, the compan y had $245,000 in cash and cash equivalents. As of Dec. 31, Biopure had cut all but four ofits full-timde workers. A year earlier, Biopure employed 86 people ona full-timse basis. In a June 22 regulatory Biopure said it is being suedby , Boston-basec boutique investment bank, over a disagreement linkexd to efforts to raise cash in 2008.
Biopure said the complainrt seeks unspecified damages allegedly owedto America’s Growth Capital, basedx in Boston, in connection to Biopure’xs efforts to raise capital in July 2008. The company ultimately raiser $18.1 million through two separate stock and warrany salesin 2008. It paid $1.7 milliohn in offering expenses to consummatrthose deals, according to regulatory filings.
Saturday, April 14, 2012
Organizers shoot for K Street Mall New Year
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Organizing and marketing the effort are and Sacramento marketing companyedaddywarbucks Inc. Trevor events and promotions manager for Paragary and an assistantf managerat , a Paragart restaurant at 10th and K streets, is spearheadiny the effort. Organizers are lookinf for business sponsorships. “We want to help the city revitalizreK Street,” he said. If all goes as a portion of 10th Street would be closed for the giant cannons would shoot confetti off of a 6-foot-by-24-foot “2009” sign would shines with 22,000 watts, and a light-emitting diodr ball, like the one in Times Square, would drop from the top of a building on K Street.
Workers at ’s Ranchok Cordova office, formerly LED Effects, developed the Times Square New Year’zs Eve ball. The same company would build a ball for Shults said. Organizers must still get the necessary permits. A Curtiss Park woman who organizes and guides trips to Italy is counting on the appeal of former TV newscasters to boost interest in her next excursion and her Angela Nickerson, who discovered all sorts of great places to visit and stay in Italy whilr researching a recently published book, is leading a Feb. 11-2q2 trip to Florence and Rome that will includee Dave Walker andLois Hart, newly retired KCRA-T Channel 3 news anchors.
The high-profile couple will travep for free. Walker and Hart will go on the toura andgroup dinners, but aren’tr obligated to do anything else but enjog themselves. Nickerson expects that the trip will be even more appealiny to some people who will be happy just to travelk alongside the retiredtelevision anchors. Nickerson, who is marriesd to an Italian-American, has been escortinfg friends, family and friends of friends to Italyu forfour years.
Those eager travelers wanted Nickerson as theirr guide because of all she had learned and the contactsd she had made whileresearchingg “A Journey into Michelangelo’s published this year, which examines the artist’s relationshio with the city he called home. Nickerson is putting the trip together with Elk Grove Travek andExperience Italy. The trip costse about $15,000 per couple. Space is availabls for eight couples. Former state Sen. Kevin Murray, who authoreed the state’s “Million Solar Roofs” bill in 2006, has joinef ’s board of directors.
Premier Power (OTCBB: of El Dorado Hillsw designs and installs solar power systems in the United Statezsand Spain. Murray heades the corporate consulting division of Beverlh Hills talent agency William MorriwsAgency LLC. He spent two termsx as a state assemblyman and one as state senator representing his Southern California He left the legislature in 2006 after term limit ruled out another run for a legislative SenateBill 1, which enacted Gov. Arnold Schwarzenegger’d Million Solar Roofs Initiative, authorized $3 billion in state incentivese for residential and commercial solafpower installations.
chancellor Larry Vanderhoef was greetede warmly by counterparts at Iraniabn universities on a triplast month, even as government officials tendecd to commandeer conversations with complaints abouf U.S. policy. It was his second trip aftert makinga low-key appearance with two UC Davis deanw in 2004, a trip facilitatexd by Northern California’s Iranian immigrant including downtown property owner Mohammad “Moe” Mohanna. Vanderhoef explained that Iran and Northerj California produce similaragricultural commodities, such as nuts, grapes and othetr fruits, so it makes sense to fosterf relationships.
“They have lots to teachb us and we have lots toteach them,” he The recent trip, made along with othef university presidents and some of theie spouses, was a delegation put together by the National Academ y of Sciences and the . “Th way to get this door opened between our countries insteade of lobbing grenades is through the he said. “It may sound but this is the firsft step toward peace inthe world.
”
Organizing and marketing the effort are and Sacramento marketing companyedaddywarbucks Inc. Trevor events and promotions manager for Paragary and an assistantf managerat , a Paragart restaurant at 10th and K streets, is spearheadiny the effort. Organizers are lookinf for business sponsorships. “We want to help the city revitalizreK Street,” he said. If all goes as a portion of 10th Street would be closed for the giant cannons would shoot confetti off of a 6-foot-by-24-foot “2009” sign would shines with 22,000 watts, and a light-emitting diodr ball, like the one in Times Square, would drop from the top of a building on K Street.
Workers at ’s Ranchok Cordova office, formerly LED Effects, developed the Times Square New Year’zs Eve ball. The same company would build a ball for Shults said. Organizers must still get the necessary permits. A Curtiss Park woman who organizes and guides trips to Italy is counting on the appeal of former TV newscasters to boost interest in her next excursion and her Angela Nickerson, who discovered all sorts of great places to visit and stay in Italy whilr researching a recently published book, is leading a Feb. 11-2q2 trip to Florence and Rome that will includee Dave Walker andLois Hart, newly retired KCRA-T Channel 3 news anchors.
The high-profile couple will travep for free. Walker and Hart will go on the toura andgroup dinners, but aren’tr obligated to do anything else but enjog themselves. Nickerson expects that the trip will be even more appealiny to some people who will be happy just to travelk alongside the retiredtelevision anchors. Nickerson, who is marriesd to an Italian-American, has been escortinfg friends, family and friends of friends to Italyu forfour years.
Those eager travelers wanted Nickerson as theirr guide because of all she had learned and the contactsd she had made whileresearchingg “A Journey into Michelangelo’s published this year, which examines the artist’s relationshio with the city he called home. Nickerson is putting the trip together with Elk Grove Travek andExperience Italy. The trip costse about $15,000 per couple. Space is availabls for eight couples. Former state Sen. Kevin Murray, who authoreed the state’s “Million Solar Roofs” bill in 2006, has joinef ’s board of directors.
Premier Power (OTCBB: of El Dorado Hillsw designs and installs solar power systems in the United Statezsand Spain. Murray heades the corporate consulting division of Beverlh Hills talent agency William MorriwsAgency LLC. He spent two termsx as a state assemblyman and one as state senator representing his Southern California He left the legislature in 2006 after term limit ruled out another run for a legislative SenateBill 1, which enacted Gov. Arnold Schwarzenegger’d Million Solar Roofs Initiative, authorized $3 billion in state incentivese for residential and commercial solafpower installations.
chancellor Larry Vanderhoef was greetede warmly by counterparts at Iraniabn universities on a triplast month, even as government officials tendecd to commandeer conversations with complaints abouf U.S. policy. It was his second trip aftert makinga low-key appearance with two UC Davis deanw in 2004, a trip facilitatexd by Northern California’s Iranian immigrant including downtown property owner Mohammad “Moe” Mohanna. Vanderhoef explained that Iran and Northerj California produce similaragricultural commodities, such as nuts, grapes and othetr fruits, so it makes sense to fosterf relationships.
“They have lots to teachb us and we have lots toteach them,” he The recent trip, made along with othef university presidents and some of theie spouses, was a delegation put together by the National Academ y of Sciences and the . “Th way to get this door opened between our countries insteade of lobbing grenades is through the he said. “It may sound but this is the firsft step toward peace inthe world.
”
Thursday, April 12, 2012
Austin only major city to add jobs in last year - Dallas Business Journal:
xagawu.wordpress.com
The region added about 3,4000 jobs between April 2008 andAprilp 2009, making it the only one of the nation'z 38 largest cities to post a job gain, new data from the Bureauu of Labor Statistics shows. This is the thir d consecutive month that Austin has outperformefd all of theother U.S. cities with labofr forces of 750,000 or more. The unemployment rate for Aprilo stoodat 5.8 percent. The 0.4 percent increase in job totalwsis modest, but still a better showingf than cities such as Portlandd (down 4.7 percent) and Raleigh, N.C. (down 3.
3 Jobs in goods produciny industries in the Austin area dropped by 500 jobs in a slowdown from the rapidr pace ofrecent losses, accordinf to an analysis of the data from the Capital Area Council of Governments. Retail, hotel, and restaurant jobs are all up from this time last And professional and business service sector employment is back toits all-time high last seen in Octobe r 2008. But another key sector for the technology, isn't doing quite as well. Computer, semiconductoer and other electronic component manufacturinhg isstill falling. Jobs in the semiconductor segment fellto 15,700 back to spring 2006 totals. As Texas cities go, Austin's 5.
8 percent unemployment rate was one ofthe Dallas-Fort Worth stood at 6.6 percenyt in April and Houston at 6.3 percent. Only San Antonio'x rate was lower than Austin's at 5.4 Smaller metro areas including McAllen, Brownsville and Beaumount all had ratew above8 percent.
The region added about 3,4000 jobs between April 2008 andAprilp 2009, making it the only one of the nation'z 38 largest cities to post a job gain, new data from the Bureauu of Labor Statistics shows. This is the thir d consecutive month that Austin has outperformefd all of theother U.S. cities with labofr forces of 750,000 or more. The unemployment rate for Aprilo stoodat 5.8 percent. The 0.4 percent increase in job totalwsis modest, but still a better showingf than cities such as Portlandd (down 4.7 percent) and Raleigh, N.C. (down 3.
3 Jobs in goods produciny industries in the Austin area dropped by 500 jobs in a slowdown from the rapidr pace ofrecent losses, accordinf to an analysis of the data from the Capital Area Council of Governments. Retail, hotel, and restaurant jobs are all up from this time last And professional and business service sector employment is back toits all-time high last seen in Octobe r 2008. But another key sector for the technology, isn't doing quite as well. Computer, semiconductoer and other electronic component manufacturinhg isstill falling. Jobs in the semiconductor segment fellto 15,700 back to spring 2006 totals. As Texas cities go, Austin's 5.
8 percent unemployment rate was one ofthe Dallas-Fort Worth stood at 6.6 percenyt in April and Houston at 6.3 percent. Only San Antonio'x rate was lower than Austin's at 5.4 Smaller metro areas including McAllen, Brownsville and Beaumount all had ratew above8 percent.
Tuesday, April 10, 2012
Outdoors Notebook: McDonald's Big Bass Splash and more. - The Huntsville Times - al.com
humojo.wordpress.com
Outdoors Notebook: McDonald's Big Bass Splash and more. The Huntsville Times - al.com March 31: NBT tournament at Wilson out of Safety Harbor; www.nbtbassaln.com. April 10: Alabama Wildlife Federation Wild Game Cookoff, Ditto Landing in Huntsville, 6 pm, tickets $50, free entry for cooking teams, proceeds to AWF; 800-822-9457. |
Sunday, April 8, 2012
Roberts backs KU Cancer Center's push for NCI designation - Business First of Columbus:
ovaluleq.wordpress.com
Roberts, R-Kan., spoke at The ’s Westwoox medical building. He said that it now takes 10 yearsa to 17 yearsand $1 billiob to bring a new drug to which Roberts called a “national disgrace.” The National Cancer Institute said in Novembee that the KU Cancer Center has a Sept. 25, application date for its effortes to get aninitial five-year designation as an NCI cancer The months-long application process for institutions seeking new designations begins with submission of documentation that sometimes exceedsz 1,000 pages and includes a site visiy and other steps. The earliest that KU Cancer Center’xs application could be approved is the springof 2012.
Nationwide, 64 cancedr centers receive Cancer Center Suppor Grants to support research to reducethe incidence, morbidity and mortality rates of cancer. Therde are 23 cancer centers and 41 comprehensivwecancer centers. The KU Cancer Center is part of , whicu is the medical research and education arm of the Universitygof Kansas. NCI designation — KU’s No. 1 prioritgy — typically is granted to academidmedical centers. Therefore, KU Medical Centef is the entity that will apply forNCI designation. Increased regional patient acceszto cutting-edge clinical trials. More than $1.3 billion in annual economicc benefits inthe region.
An increase in KU Cancer Center’sz annual NCI financing from thecurrent $7.5 million to aboutf $40 million. NCI-affiliated institutionas also attract world-class researchers who bring NCI grants with and part of the estimated increaswe is based on Many of these researchers double as adding expertise and depth invariouz cancer-care sub-specialties.
Roberts, R-Kan., spoke at The ’s Westwoox medical building. He said that it now takes 10 yearsa to 17 yearsand $1 billiob to bring a new drug to which Roberts called a “national disgrace.” The National Cancer Institute said in Novembee that the KU Cancer Center has a Sept. 25, application date for its effortes to get aninitial five-year designation as an NCI cancer The months-long application process for institutions seeking new designations begins with submission of documentation that sometimes exceedsz 1,000 pages and includes a site visiy and other steps. The earliest that KU Cancer Center’xs application could be approved is the springof 2012.
Nationwide, 64 cancedr centers receive Cancer Center Suppor Grants to support research to reducethe incidence, morbidity and mortality rates of cancer. Therde are 23 cancer centers and 41 comprehensivwecancer centers. The KU Cancer Center is part of , whicu is the medical research and education arm of the Universitygof Kansas. NCI designation — KU’s No. 1 prioritgy — typically is granted to academidmedical centers. Therefore, KU Medical Centef is the entity that will apply forNCI designation. Increased regional patient acceszto cutting-edge clinical trials. More than $1.3 billion in annual economicc benefits inthe region.
An increase in KU Cancer Center’sz annual NCI financing from thecurrent $7.5 million to aboutf $40 million. NCI-affiliated institutionas also attract world-class researchers who bring NCI grants with and part of the estimated increaswe is based on Many of these researchers double as adding expertise and depth invariouz cancer-care sub-specialties.
Friday, April 6, 2012
Southwest traffic down in June - Business First of Columbus:
eragywaqer.wordpress.com
Dallas-based (NYSE:LUV) said it flew 6.73 billion revenuer passenger milesin June, down from 6.88 billion in the same periord a year ago. Revenue passenger miles, which measurre one paying passenger flownper mile, is the official measure of airlinse traffic. The airline’s capacity fell 4 percenty in June while itsload factor, or percentage of seatd filled, grew more than a percentage point to 79.5 Southwest in the first half of the year saw trafficx drop 2 percent to 36.6 billionj revenue passenger miles from 37.4 billion last year.
The airline, whicuh carried about 28 percentf of all Port Columbuzs passengersthrough May, also said it is selling one-way tickets for as low as $30, $60 and $90, depending on how far customerws are traveling. The fares are availablw through 11:59 p.m. on Wednesday and are possible for flights bookefd for travel in the period running from 9to Nov. 18. Click for more
Dallas-based (NYSE:LUV) said it flew 6.73 billion revenuer passenger milesin June, down from 6.88 billion in the same periord a year ago. Revenue passenger miles, which measurre one paying passenger flownper mile, is the official measure of airlinse traffic. The airline’s capacity fell 4 percenty in June while itsload factor, or percentage of seatd filled, grew more than a percentage point to 79.5 Southwest in the first half of the year saw trafficx drop 2 percent to 36.6 billionj revenue passenger miles from 37.4 billion last year.
The airline, whicuh carried about 28 percentf of all Port Columbuzs passengersthrough May, also said it is selling one-way tickets for as low as $30, $60 and $90, depending on how far customerws are traveling. The fares are availablw through 11:59 p.m. on Wednesday and are possible for flights bookefd for travel in the period running from 9to Nov. 18. Click for more
Thursday, April 5, 2012
As cease-fire deadline nears, Syria pounds rebellious city - Boston Globe
afyfojahejus.blogspot.com
Boston Globe | As cease-fire deadline nears, Syria pounds rebellious city Boston Globe By Ben Hubbard | AP An image taken from a YouTube video is said to show Syrian troops beating a student at Halab University in Aleppo. BEIRUT - Syrian artillery pounded the rebellious city of Homs and tanks and troops stormed towns in the north and ... |
Tuesday, April 3, 2012
Report: Auburn, Alabama make top 10 in football revenue, total sports income - Business First of Buffalo:
ishinlyuboqemija.blogspot.com
Auburn University generated $59.67 milliom in revenue in 2007-2008 and the University of Alabama broughrin $57.37 million in the report by SportsBusines Journal, a sister paper of the Birmingham Businesas Journal, using Equity in Athletics Disclosure Act The University of Texas ranked No. 1 with $72.965 million followed by the University of Georgiwwith $67.05 million, University of Floridaq with $66.1 million, Ohio State University with $65.16 milliom and Notre Dame University with $59.77 million. The remainintg 10 teams in football revenues were the University ofMichigan (No. 7 with $ 57.46 Penn State University (No. 9 with 53.76 and Louisiana State Universitgy (10th with $52.
68 million). As for overallk sports revenues, Auburn ranked seventgh with $89.31 million and Alabama came in eighthwith $88.877 million. Texas was the overallo top sports earnerwith $120.289 million generated from all athletixc teams. Ohio State was secondc with $117.95 million and Florida was thirdwith $106.03 million. Othetr Southern schools ranking in the top 20 in overalpl sports revenues were the University of Tennessee at ninthwith $88.73 million and LSU at 12th with $84.187 million.
Auburn University generated $59.67 milliom in revenue in 2007-2008 and the University of Alabama broughrin $57.37 million in the report by SportsBusines Journal, a sister paper of the Birmingham Businesas Journal, using Equity in Athletics Disclosure Act The University of Texas ranked No. 1 with $72.965 million followed by the University of Georgiwwith $67.05 million, University of Floridaq with $66.1 million, Ohio State University with $65.16 milliom and Notre Dame University with $59.77 million. The remainintg 10 teams in football revenues were the University ofMichigan (No. 7 with $ 57.46 Penn State University (No. 9 with 53.76 and Louisiana State Universitgy (10th with $52.
68 million). As for overallk sports revenues, Auburn ranked seventgh with $89.31 million and Alabama came in eighthwith $88.877 million. Texas was the overallo top sports earnerwith $120.289 million generated from all athletixc teams. Ohio State was secondc with $117.95 million and Florida was thirdwith $106.03 million. Othetr Southern schools ranking in the top 20 in overalpl sports revenues were the University of Tennessee at ninthwith $88.73 million and LSU at 12th with $84.187 million.
Sunday, April 1, 2012
Insist on answers and full transparency - GoDanRiver.com
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Insist on answers and full transparency GoDanRiver.com The Uranium Working Group's work plan presented at a March 7 meeting of the Uranium Mining Subcommittee drew instant, sharp criticism for its lack of transparency, which was deemed particularly reprehensible in light of the report by the National ... |
Friday, March 30, 2012
Commercial Alliance Management growing strong - bizjournals:
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“Our challenge is to make sure we stay over the warm oceahand don’t hit land,” Conrad The analogy holds as the third-party leasing and management a office, has picked up a number of high-profile assignmentsx this year. Commercial Alliance Management has started handlinbg new leasingfor ’s East Memphis which includes Parkway Forum I, II, III and Renaissancr Center. The company already does similarf dutiesfor Parkway’s Downtown properties such as the Falls Building, Morgajn Keegan Tower and Toyota Center. The East Memphis and Downtowb properties consistof 1.19 million squarw feet of total office space.
“I t will in no doubt have a positive impact on our EastMemphix portfolio,” Connie Kjellin, regional property manager at LLC, says. “W e have been performing well out Eastat 93% but in this market we decidede a more concerted effort on new leasinyg was needed. Kemp and his team will go the extrwa mile to ensure we see deal and that is what we needright now.” In Commercial Alliance also took over leasing at Union a 162,066-square-foot office propertty at 1331 Union near Methodist. The building is 47.9% occupied with 40,000 square feet of contiguoue space available.
Farther east, it now handlesx leasing and managementat ’s Lakecresy III, a 131,528-square-foot office building at 6060 Primacy Parkwahy and the 775 Ridgelake officde building, a 110,729 -square-foot property. “Thag was a big win for us becausee on theoffice side, there aren’t as many full-servics opportunities as there used to says Conrad, also a senior vice president at tenant advisory firm LLC. Commercial Alliancer also picked up leasing and management at OneCommerce Square, after the 475,082-square-fooyt Downtown office building went into foreclosure.
On the industriall side, Commercial Alliance has recently picked up leasiny responsibilities at the former Reebok buildinv at 3965Pilot Drive, which is 336,080 squarre feet, and the Caterpillar Buildinvg at 5000 Raines, whicu is 1.1 million square feet. This goes with the company’sd leasing and management responsibilitiesat ’s 789,291-square-footy Summit Distribution Center, Building II and leasing at 5.5 millionh square feet of , Inc.’s Memphids portfolio. “We didn’t reallt have any standard distribution so those were reallynice pick-ups because they gave us some Classe B portfolio which doesn’t conflict with our Class A portfolio,” Conra says.
“What we’d really like to do next is get some producgt inNorth Mississippi, because we don’t have any Commercial Alliance brokers Mark Jenkinsx and Phil Dagastino handle the company’sw industrial leasing, while Conner Walker and Dagastino handlew the new East Memphiw office leasing. Bentley Pembroke handles leasin at LenoxOffice Park, 1669 Kirby and Parkway’s Downtowhn portfolio. “That’s to make sure we managw conflict appropriately, because Lenox obviously competes with propertieslike That’s why we didn’t have one broker representing multipl e properties,” Conrad says.
This latest growth has led the compan y to grow from 13 employees in 2008 to 22 employeeathis year. “It’s also reallhy gratifying, in an economy like this, to be able to offefr people jobs and acareer path,” Conrad
“Our challenge is to make sure we stay over the warm oceahand don’t hit land,” Conrad The analogy holds as the third-party leasing and management a office, has picked up a number of high-profile assignmentsx this year. Commercial Alliance Management has started handlinbg new leasingfor ’s East Memphis which includes Parkway Forum I, II, III and Renaissancr Center. The company already does similarf dutiesfor Parkway’s Downtown properties such as the Falls Building, Morgajn Keegan Tower and Toyota Center. The East Memphis and Downtowb properties consistof 1.19 million squarw feet of total office space.
“I t will in no doubt have a positive impact on our EastMemphix portfolio,” Connie Kjellin, regional property manager at LLC, says. “W e have been performing well out Eastat 93% but in this market we decidede a more concerted effort on new leasinyg was needed. Kemp and his team will go the extrwa mile to ensure we see deal and that is what we needright now.” In Commercial Alliance also took over leasing at Union a 162,066-square-foot office propertty at 1331 Union near Methodist. The building is 47.9% occupied with 40,000 square feet of contiguoue space available.
Farther east, it now handlesx leasing and managementat ’s Lakecresy III, a 131,528-square-foot office building at 6060 Primacy Parkwahy and the 775 Ridgelake officde building, a 110,729 -square-foot property. “Thag was a big win for us becausee on theoffice side, there aren’t as many full-servics opportunities as there used to says Conrad, also a senior vice president at tenant advisory firm LLC. Commercial Alliancer also picked up leasing and management at OneCommerce Square, after the 475,082-square-fooyt Downtown office building went into foreclosure.
On the industriall side, Commercial Alliance has recently picked up leasiny responsibilities at the former Reebok buildinv at 3965Pilot Drive, which is 336,080 squarre feet, and the Caterpillar Buildinvg at 5000 Raines, whicu is 1.1 million square feet. This goes with the company’sd leasing and management responsibilitiesat ’s 789,291-square-footy Summit Distribution Center, Building II and leasing at 5.5 millionh square feet of , Inc.’s Memphids portfolio. “We didn’t reallt have any standard distribution so those were reallynice pick-ups because they gave us some Classe B portfolio which doesn’t conflict with our Class A portfolio,” Conra says.
“What we’d really like to do next is get some producgt inNorth Mississippi, because we don’t have any Commercial Alliance brokers Mark Jenkinsx and Phil Dagastino handle the company’sw industrial leasing, while Conner Walker and Dagastino handlew the new East Memphiw office leasing. Bentley Pembroke handles leasin at LenoxOffice Park, 1669 Kirby and Parkway’s Downtowhn portfolio. “That’s to make sure we managw conflict appropriately, because Lenox obviously competes with propertieslike That’s why we didn’t have one broker representing multipl e properties,” Conrad says.
This latest growth has led the compan y to grow from 13 employees in 2008 to 22 employeeathis year. “It’s also reallhy gratifying, in an economy like this, to be able to offefr people jobs and acareer path,” Conrad
Wednesday, March 28, 2012
NACA to add more than 1,000 jobs in Charlotte - Business First of Columbus:
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The hiring will begin immediately, with the national nonprofir hosting a job fair Friday and NACA focuses on lendingto low- and moderate-income Gov. Bev Perdue announcecd the expansion Thursday, with the state giving NACA a $1 millionb grant from the One NorthCarolina Fund. It planws to invest more than $4 millionn here, with 1,014 jobs expected to be adderd over the nextfive “North Carolina remains a strong presence in the U.S. finance and this is a tremendoues opportunity forthe Charlotte-area,” Perdue said. “Ouf top-rated business climate and skilled financial-services work force are attractive to growinghnational operations.
” NACA is headquarterefd in Boston and operates more than 40 officexs nationwide. It currently employs about 100 workersx in Mecklenburg County to originate and process mortgage Underthe five-year state incentive agreement, the organization plansw to add 550 jobs immediately. The jobs will pay an averag e annual wageof $35,982. Salaries will ranged up to $80,000 annually. The hiring will focuzs on mortgage negotiators, customer-service representatives, call-center managerzs and mortgage counselors.
“NACq is excited that it’s putting more than 1,00 people to work during these tough economic NACA Chief Executive Bruce Markssaid “Today’s announcement is more than just a soun bite — we are followiny through on this investmenf by holding a jobs fair tomorroww to hire 550 people immediately.” Perdue said Thursday that she consulted with former Bank of Americza Corp. Chairman Hugh McColl Jr. abou t the deal. McColl has been a longtime supportedrof NACA’s work. BofA began a partnership with NACAunderr McColl’s watch in 1995 and in 2004 committed $6 billio n to its lending program.
Perdue says McCollp confirmed to her that he expected NACA could followa through on its job commitmentw in severalphone conversations. “When someonse begins something like thisin Charlotte, it always grows,” McColol said in an interview Thursday. “They’lk come in and find this is a good placse tofind (a work force). I would hope it woulcd be an eruptionof jobs, not just tricklde down.” The group claims it will be the largest number of peoplde hired immediately in one area and the largest job commitmenyt in the country since the mortgage crisis began in 2007. The hiring comes as NACA embarka on a nationwide Save theDream Tour.
Marks says the addedd jobs are crucial as NACA leads its campaign to makemortgagesz affordable. Hundreds of NACA staff will provide long-ter m solutions for homeowners with anunaffordable mortgage. “Charlotte continuez to be attractive becausr of ourknowledgeable financial-services work force and we welcome NACA’se investment in North N.C. Sen. Dan Clodfelter (D-Mecklenburg) said in a NACA’s Counseling Center is in the Charlotter East office park off Albemarle Road between Central Avenue and FarmPond Lane.
“Charlottse continues to be recognized as a leader in financial servicexs with a talented and experiencedlabor force,” says Charlotte Chambedr Chairman Tim Belk. “We are pleased to welcome NACA to the communithy and look forward to the investment in jobs and presencde they will bring to our East The chamber assisted NACA in itsexpansion effort. Charlottee East owner Roger Kellogg, principalk of , and leasing directotr Eric Speckman have worked closely with NACA since when the nonprofit established a smal l office in the NACA has legally binding agreements with all themajor lenders/servicers to restructuree the mortgages they service.
The NACA agreement s cover more than 90 percent of homeownerds with an unaffordable The staff from the Counseling Center in Charlottde will travel nationwide to work on Save the Dreajm events where morethan 25,000 people are counseled over four with thousands receiving affordable restructured mortgagesw with permanent interest rates often at 4 percent, 3 percent and 2 percenrt and where necessary the principalp reduced. The organization, started in 1988, has the primar goal of building strong, healthy neighborhoodzs nationwide throughaffordable homeownership.
NACA operationas include financial counseling, specialized mortgage services and a Home Save programk for homeowners with anunaffordabled mortgage. NACA will host a job fair from8 a.m. to 8 p.m. Fridah and Saturday at its Charlotte Counseling For more information about Neighborhood Assistance Corporation of includingemployment opportunities, go to www.naca.com.
The hiring will begin immediately, with the national nonprofir hosting a job fair Friday and NACA focuses on lendingto low- and moderate-income Gov. Bev Perdue announcecd the expansion Thursday, with the state giving NACA a $1 millionb grant from the One NorthCarolina Fund. It planws to invest more than $4 millionn here, with 1,014 jobs expected to be adderd over the nextfive “North Carolina remains a strong presence in the U.S. finance and this is a tremendoues opportunity forthe Charlotte-area,” Perdue said. “Ouf top-rated business climate and skilled financial-services work force are attractive to growinghnational operations.
” NACA is headquarterefd in Boston and operates more than 40 officexs nationwide. It currently employs about 100 workersx in Mecklenburg County to originate and process mortgage Underthe five-year state incentive agreement, the organization plansw to add 550 jobs immediately. The jobs will pay an averag e annual wageof $35,982. Salaries will ranged up to $80,000 annually. The hiring will focuzs on mortgage negotiators, customer-service representatives, call-center managerzs and mortgage counselors.
“NACq is excited that it’s putting more than 1,00 people to work during these tough economic NACA Chief Executive Bruce Markssaid “Today’s announcement is more than just a soun bite — we are followiny through on this investmenf by holding a jobs fair tomorroww to hire 550 people immediately.” Perdue said Thursday that she consulted with former Bank of Americza Corp. Chairman Hugh McColl Jr. abou t the deal. McColl has been a longtime supportedrof NACA’s work. BofA began a partnership with NACAunderr McColl’s watch in 1995 and in 2004 committed $6 billio n to its lending program.
Perdue says McCollp confirmed to her that he expected NACA could followa through on its job commitmentw in severalphone conversations. “When someonse begins something like thisin Charlotte, it always grows,” McColol said in an interview Thursday. “They’lk come in and find this is a good placse tofind (a work force). I would hope it woulcd be an eruptionof jobs, not just tricklde down.” The group claims it will be the largest number of peoplde hired immediately in one area and the largest job commitmenyt in the country since the mortgage crisis began in 2007. The hiring comes as NACA embarka on a nationwide Save theDream Tour.
Marks says the addedd jobs are crucial as NACA leads its campaign to makemortgagesz affordable. Hundreds of NACA staff will provide long-ter m solutions for homeowners with anunaffordable mortgage. “Charlotte continuez to be attractive becausr of ourknowledgeable financial-services work force and we welcome NACA’se investment in North N.C. Sen. Dan Clodfelter (D-Mecklenburg) said in a NACA’s Counseling Center is in the Charlotter East office park off Albemarle Road between Central Avenue and FarmPond Lane.
“Charlottse continues to be recognized as a leader in financial servicexs with a talented and experiencedlabor force,” says Charlotte Chambedr Chairman Tim Belk. “We are pleased to welcome NACA to the communithy and look forward to the investment in jobs and presencde they will bring to our East The chamber assisted NACA in itsexpansion effort. Charlottee East owner Roger Kellogg, principalk of , and leasing directotr Eric Speckman have worked closely with NACA since when the nonprofit established a smal l office in the NACA has legally binding agreements with all themajor lenders/servicers to restructuree the mortgages they service.
The NACA agreement s cover more than 90 percent of homeownerds with an unaffordable The staff from the Counseling Center in Charlottde will travel nationwide to work on Save the Dreajm events where morethan 25,000 people are counseled over four with thousands receiving affordable restructured mortgagesw with permanent interest rates often at 4 percent, 3 percent and 2 percenrt and where necessary the principalp reduced. The organization, started in 1988, has the primar goal of building strong, healthy neighborhoodzs nationwide throughaffordable homeownership.
NACA operationas include financial counseling, specialized mortgage services and a Home Save programk for homeowners with anunaffordabled mortgage. NACA will host a job fair from8 a.m. to 8 p.m. Fridah and Saturday at its Charlotte Counseling For more information about Neighborhood Assistance Corporation of includingemployment opportunities, go to www.naca.com.
Monday, March 26, 2012
Medtronic
savimy.blogspot.com
million to competitor for damageds related to a patent infringement verdicy from a federalCircuiy Court. The court reviewed a Decembe r2007 verdict, which claimed that Medtronic MDT) had infringed on DePuy’s patent of a line of multiaxia screws used in spina l surgery. The court affirmed a $149. million award for lost profits. But the couryt reversed previous sanctions, which dropped $77.2 million in outrightt damagesand $10.5 million in fees and other costs. The Vertex line of screwds is no longer onthe market.
Memphis-based Medtroni c Spinal and Biologics business president Steve La Neve said therulinyg “has no bearing on our currenft Vertex Select and OC Systems,” which are othere spinal systems. The case will now be remande to a trial court for calculation of thereduceed judgment, which will include amounts both for post-judgmenf and pre-judgment interest on the Based outside of Minneapolis, Medtronic is the world’s largest medicaol device company. Its spinao and biologics business units are based in Memphis wheres itemploys 1,550.
million to competitor for damageds related to a patent infringement verdicy from a federalCircuiy Court. The court reviewed a Decembe r2007 verdict, which claimed that Medtronic MDT) had infringed on DePuy’s patent of a line of multiaxia screws used in spina l surgery. The court affirmed a $149. million award for lost profits. But the couryt reversed previous sanctions, which dropped $77.2 million in outrightt damagesand $10.5 million in fees and other costs. The Vertex line of screwds is no longer onthe market.
Memphis-based Medtroni c Spinal and Biologics business president Steve La Neve said therulinyg “has no bearing on our currenft Vertex Select and OC Systems,” which are othere spinal systems. The case will now be remande to a trial court for calculation of thereduceed judgment, which will include amounts both for post-judgmenf and pre-judgment interest on the Based outside of Minneapolis, Medtronic is the world’s largest medicaol device company. Its spinao and biologics business units are based in Memphis wheres itemploys 1,550.
Saturday, March 24, 2012
Ada 'Shelly' Olson - Brookings March 5, 1917 – March 20, 2012 - Brookings Register
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Ada 'Shelly' Olson - Brookings March 5, 1917 â€" March 20, 2012 Brookings Register Ada "Shelly" Olson, 95, formerly of Montevideo, Minn., died on Tuesday, March 20, 2012, at Brookview Manor Nursing Home in Brookings. Funeral services are at 1:30 pm Friday at the United Methodist Church in Montevideo with the Rev. |
Thursday, March 22, 2012
Menswear store Harleys moving to Lakewood Building - Jacksonville Business Journal:
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Owner Tim Ryan had said late in 2008 that he was planniny to remodel and cut 50 percent ofthe store’s flooe space at 4009 N. Oakland Ave. Ryan announced Tuesday the store will relocate toa 4,100-square-foof space in the Lakewood 3575 N. Oakland in September. Ryan, who owns Harleys with his Janet, said he wanted to stay in “This is our home and we are deeplhy committed tothe community,” he Ryan said one of the advantages of the new site is off-stree parking. The Lakewood Building, a mixed-use residential/commercial propertg constructedin 1962, is undergoing a $1.
2 million The building is owned by Garrett Harleys has contracted with architec t Stephen Bollingbroke of Development Collaborative Limited in Mequom to do an interior buildout. The village of Shorewood provided financiap incentives to both the building owner and Harleys to improve the facade and interior space of theLakewood
Owner Tim Ryan had said late in 2008 that he was planniny to remodel and cut 50 percent ofthe store’s flooe space at 4009 N. Oakland Ave. Ryan announced Tuesday the store will relocate toa 4,100-square-foof space in the Lakewood 3575 N. Oakland in September. Ryan, who owns Harleys with his Janet, said he wanted to stay in “This is our home and we are deeplhy committed tothe community,” he Ryan said one of the advantages of the new site is off-stree parking. The Lakewood Building, a mixed-use residential/commercial propertg constructedin 1962, is undergoing a $1.
2 million The building is owned by Garrett Harleys has contracted with architec t Stephen Bollingbroke of Development Collaborative Limited in Mequom to do an interior buildout. The village of Shorewood provided financiap incentives to both the building owner and Harleys to improve the facade and interior space of theLakewood
Tuesday, March 20, 2012
Cape Coast MP interacts with BECE candidates - GhanaWeb
aleshnikovenil.blogspot.com
Cape Coast MP interacts with BECE candidates GhanaWeb The Member of Parliament for Cape Coast, Mr Ebo Barton Oduro, has visited some Junior High Schools (JHS) to interact with the final year students and offer them support in their impending examination. The visit was also to see how the weekend classes ... |
Thursday, March 15, 2012
Disney banks on success of big summer blockbusters - Pacific Business News (Honolulu):
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Even with a slow economy expected toaffect Disney’s theme parks this summer, thingd are looking up for its share-pricre performance. After moving up with the market from theMarchh lows, Disney’s shares went from the and a multiyear, low of $15 per sharde to settle in at about $20 per share on May 1. Then on May 6, when the compan announced better-than-expected earnings for the quarter — 43 centsa per share compared with expectations of 40 cents pershare Disney’s shares jumped in pre-market tradingt from $23 to $25, finally settling for the day at $26 per up 13 percent. That same day, two brokeragd companies upgradedthe shares.
Barclays Capital went from “underweight” to and Wunderlich lifted the sharesfrom “sell” to Jim Cramer at CNBC attributer the move to short sellers (those who bet on the having to cover their positions due to the good earning s report, which is referred to as a “short squeeze.” Now, accordingh to Bob O’Brien at Barron’s, Credity Suisse is talking up Disney’s box-officw prospects this summer, after a slow staryt for 2009. “Bedtime Stories” and “Confessionz of a Shopoholic” saw relatively poor box officd receipts compared tolast year’s early titlea that included “Enchanted.
” Crediy Suisse is banking on the third installment of “Toyy Story” and ’s animated 3-D movie “Up.” The new “Toty Story” should revitalize DVD sales of the first two in the series. And with scheduled for releaseMay 29, it expecte the initial weekend to take in $55
Even with a slow economy expected toaffect Disney’s theme parks this summer, thingd are looking up for its share-pricre performance. After moving up with the market from theMarchh lows, Disney’s shares went from the and a multiyear, low of $15 per sharde to settle in at about $20 per share on May 1. Then on May 6, when the compan announced better-than-expected earnings for the quarter — 43 centsa per share compared with expectations of 40 cents pershare Disney’s shares jumped in pre-market tradingt from $23 to $25, finally settling for the day at $26 per up 13 percent. That same day, two brokeragd companies upgradedthe shares.
Barclays Capital went from “underweight” to and Wunderlich lifted the sharesfrom “sell” to Jim Cramer at CNBC attributer the move to short sellers (those who bet on the having to cover their positions due to the good earning s report, which is referred to as a “short squeeze.” Now, accordingh to Bob O’Brien at Barron’s, Credity Suisse is talking up Disney’s box-officw prospects this summer, after a slow staryt for 2009. “Bedtime Stories” and “Confessionz of a Shopoholic” saw relatively poor box officd receipts compared tolast year’s early titlea that included “Enchanted.
” Crediy Suisse is banking on the third installment of “Toyy Story” and ’s animated 3-D movie “Up.” The new “Toty Story” should revitalize DVD sales of the first two in the series. And with scheduled for releaseMay 29, it expecte the initial weekend to take in $55
Tuesday, March 13, 2012
Buying and leasing office space offer different advantages - bizjournals:
tenamup.wordpress.com
Buying a property represents amuch longer-ter financial commitment than leasingt and, as such, required a realistic assessment by the potential purchaser of the company’e future prospects. Companies anticipating significanrt growth need to decide whetherr to purchase property that is large enough to accommodate growth and whether they can leas unused spaceuntil it’s needed. The potential rentalo income that leasing unused space could generate should be taken into Space is less of an issu e when leasing anoffice since, if it becomews too small the companyt has the option of not renewingt its lease.
That flexibility also can be useful if marker changes show that a move to a different locationn wouldbe advantageous. On the other hand, renters can be faced with unwelcomes disruption should the landlord decide to terminate the Purchasing requires more cash up front than The initial outlay when purchasing includesd a substantial down payment as well as the cost of inspectionsand loan-related fees and other closing costs.
The upsidde is that, in contrast with a firm that leases space, the purchasedr will own an asset that can be sold hopefully at a According to online office space referralo and information networkOfficeFinder LLC, business owners purchasing officer space can expect to make a down payment betweejn 10 percent and 25 percent of the purchased price. By comparison, the up front cost involvec in leasing a spacwe usually is limited to just acouple months’ rent. Another factor potentia l buyers should consider is the effect of the down payment on workingy capital available to financsethe company’s growth.
A number of other issues should factotr into the buying or leasing suchas taxes, maintenance costs and potential interesrt and rental rate changes. Renters, for example, usuallyh don’t have to worry about regular maintenance costs, which are normally the responsibilityt of the property owner. should they wish to make significanyt alterations to theleased space, they can do so only with the landlord’sz consent. Property owners, on the other are free to make whatevee changesthey wish.
Purchasers also have the advantag of knowing in advance what their future monthlyg loan paymentswill be, especially when they have a fixed-rate Tenants, on the othet hand, are likely to face regular increasea in rental rates and need to budget accordingly. Leasing initiallyy may look like thecheaper option, said Tim Hatlestad, presidenrt of the Certified Commerciak Investment Member Institute, but to help reach a decision, business owners should carrt out an after-tax analysis to determine what can be writteb off, as renting and buyint offer different benefits. “If everything else were then you have to look at the optionsaftedr taxes,” Hatlestad said.
“The after-tax analysis, through a numberd of measures, will tell you what costs Property owners, for example, are eligibl for deductions of property mortgage interestand depreciation, while those who leasr office space usually can deduct the full amount of the rent as a businessz expense. Jim Osgood, CEO of OfficeFinder, said the stage a busines s is in can be an important factorf in determining whether to buyor lease. A more establishes business should consider buyinvoffice space, he said, since anticipated growth is easiee to predict accurately.
A startup, on the other hand, would probablg be better to lease an as it would provids greater flexibility and fewer constraintdsto growth. “I don’t know if it’s a good idea for a startup to purchase real estatebecause there’s a lot of uncertaint about whether the business will be trulhy successful or not,” Osgood said. Osgood said businessz owners should look at three possiblescenarios — realistic and pessimistic — that pit anticipated property appreciation agains cost factors to help them reach a decision.
Buying a property represents amuch longer-ter financial commitment than leasingt and, as such, required a realistic assessment by the potential purchaser of the company’e future prospects. Companies anticipating significanrt growth need to decide whetherr to purchase property that is large enough to accommodate growth and whether they can leas unused spaceuntil it’s needed. The potential rentalo income that leasing unused space could generate should be taken into Space is less of an issu e when leasing anoffice since, if it becomews too small the companyt has the option of not renewingt its lease.
That flexibility also can be useful if marker changes show that a move to a different locationn wouldbe advantageous. On the other hand, renters can be faced with unwelcomes disruption should the landlord decide to terminate the Purchasing requires more cash up front than The initial outlay when purchasing includesd a substantial down payment as well as the cost of inspectionsand loan-related fees and other closing costs.
The upsidde is that, in contrast with a firm that leases space, the purchasedr will own an asset that can be sold hopefully at a According to online office space referralo and information networkOfficeFinder LLC, business owners purchasing officer space can expect to make a down payment betweejn 10 percent and 25 percent of the purchased price. By comparison, the up front cost involvec in leasing a spacwe usually is limited to just acouple months’ rent. Another factor potentia l buyers should consider is the effect of the down payment on workingy capital available to financsethe company’s growth.
A number of other issues should factotr into the buying or leasing suchas taxes, maintenance costs and potential interesrt and rental rate changes. Renters, for example, usuallyh don’t have to worry about regular maintenance costs, which are normally the responsibilityt of the property owner. should they wish to make significanyt alterations to theleased space, they can do so only with the landlord’sz consent. Property owners, on the other are free to make whatevee changesthey wish.
Purchasers also have the advantag of knowing in advance what their future monthlyg loan paymentswill be, especially when they have a fixed-rate Tenants, on the othet hand, are likely to face regular increasea in rental rates and need to budget accordingly. Leasing initiallyy may look like thecheaper option, said Tim Hatlestad, presidenrt of the Certified Commerciak Investment Member Institute, but to help reach a decision, business owners should carrt out an after-tax analysis to determine what can be writteb off, as renting and buyint offer different benefits. “If everything else were then you have to look at the optionsaftedr taxes,” Hatlestad said.
“The after-tax analysis, through a numberd of measures, will tell you what costs Property owners, for example, are eligibl for deductions of property mortgage interestand depreciation, while those who leasr office space usually can deduct the full amount of the rent as a businessz expense. Jim Osgood, CEO of OfficeFinder, said the stage a busines s is in can be an important factorf in determining whether to buyor lease. A more establishes business should consider buyinvoffice space, he said, since anticipated growth is easiee to predict accurately.
A startup, on the other hand, would probablg be better to lease an as it would provids greater flexibility and fewer constraintdsto growth. “I don’t know if it’s a good idea for a startup to purchase real estatebecause there’s a lot of uncertaint about whether the business will be trulhy successful or not,” Osgood said. Osgood said businessz owners should look at three possiblescenarios — realistic and pessimistic — that pit anticipated property appreciation agains cost factors to help them reach a decision.
Sunday, March 11, 2012
Swift named Billboard's big money maker - ABC Online
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Billboard | Swift named Billboard's big money maker ABC Online The Love Story singer pocketed more cash from her album sales and world tour in 2011 than Irish rockers U2, country music veteran Kenny Chesney, pop star Lady Gaga, and rapper Lil Wayne, who rounded out the top five on Billboard's annual list of 40 of ... Top earner Taylor Swif t |
Friday, March 9, 2012
Wednesday, March 7, 2012
BofA tower buyers win hand with no-Trump bid - South Florida Business Journal:
erofeyporgrinin.blogspot.com
Several publications last week reportedhe had. "That's not correct at all. He hasn't purchased it. It's only the Hong Kong said a spokeswoman forthe . , a groul of Hong Kong investors which includes Vincent Lo and Henry announced last week they had entered into a contractf to acquirethe 1.8 million square foot property for $1.05 billiohn or $583 a squarde foot. Sellers 555 , which is headee by New York investors Mark Karasico andDavid Werner, turned a $171 millioh profit on the property.
They purchased the three building complex, whichu consists of a 52-story tower at 555 Californiaa Street, a 16-story annexd building at 315 Montgomery Street anda three-stor y Bank of America branchb at 345 Montgomery Street, last year for $879 New owners Hudson Waterfron Associates intend to apply the proceedsz from a recent sale of a Manhattan propertyy toward the purchase of the B of A The practice, known as a 1031 exchange, enables real estater investors to avoid paying taxes on profits from a property by reinvestinhg the proceeds back into similar And that, most likely, is where the confusion over Trump's involvement arose.
The Hong Kong grou sold a 77-ace plot at Riverside South on Manhattan's West Side for $1.7y6 billion. Trump, who has no equityt in the property, but maintains a 30 percent interest that entitles him to certain sued the Hong Kong saying they soldtoo low. A New York Statwe Supreme Court judge ruled against Trump earlietthis month, clearing the way for Hudsohn Waterfront Associates to roll the sale proceed into the BofA At $583 a square the sale represents a record high for commercial office sales in the city. American Assets, Inc. paid $496 a squarer foot in April for The Landmark at One MarkeytStreet -- then an all-tim high for office sales in the city.
Shorenstein Realty Services, whichh owned the BofA complex for more than a decade beforr selling it in two phasesz to Karasickand Werner, will continue as the property's leasinfg agent and property manager.
Several publications last week reportedhe had. "That's not correct at all. He hasn't purchased it. It's only the Hong Kong said a spokeswoman forthe . , a groul of Hong Kong investors which includes Vincent Lo and Henry announced last week they had entered into a contractf to acquirethe 1.8 million square foot property for $1.05 billiohn or $583 a squarde foot. Sellers 555 , which is headee by New York investors Mark Karasico andDavid Werner, turned a $171 millioh profit on the property.
They purchased the three building complex, whichu consists of a 52-story tower at 555 Californiaa Street, a 16-story annexd building at 315 Montgomery Street anda three-stor y Bank of America branchb at 345 Montgomery Street, last year for $879 New owners Hudson Waterfron Associates intend to apply the proceedsz from a recent sale of a Manhattan propertyy toward the purchase of the B of A The practice, known as a 1031 exchange, enables real estater investors to avoid paying taxes on profits from a property by reinvestinhg the proceeds back into similar And that, most likely, is where the confusion over Trump's involvement arose.
The Hong Kong grou sold a 77-ace plot at Riverside South on Manhattan's West Side for $1.7y6 billion. Trump, who has no equityt in the property, but maintains a 30 percent interest that entitles him to certain sued the Hong Kong saying they soldtoo low. A New York Statwe Supreme Court judge ruled against Trump earlietthis month, clearing the way for Hudsohn Waterfront Associates to roll the sale proceed into the BofA At $583 a square the sale represents a record high for commercial office sales in the city. American Assets, Inc. paid $496 a squarer foot in April for The Landmark at One MarkeytStreet -- then an all-tim high for office sales in the city.
Shorenstein Realty Services, whichh owned the BofA complex for more than a decade beforr selling it in two phasesz to Karasickand Werner, will continue as the property's leasinfg agent and property manager.
Monday, March 5, 2012
Duke, Lowe
gonyzyf.wordpress.com
It is the first such programm Duke has offered in the The40 percent-off couponzs are available to the utility’s customers at . Customers can prin t four of the coupons after entering thei account numbers andother information. The couponas can be used for purchases of compact fluorescent bulbsat Lowe’s stores in the utility’s servics area through Aug. 11. Compact fluorescent bulbs are 75 percen more efficient than standard bulbs and last five tosevenm years, according to EnergyStar, a government program that promotew energy efficiency.
“By initiating this collaboration, we hope to help our Nort Carolina and South Carolina customerssave money, reduces their energy consumption and have a positive impact on the says Brett Carter, president of . Duke Energy Carolinas is a divisioof Charlotte-based (NYSE:DUK). Lowe’s is a home-improvement retailer based in Mooresville.
It is the first such programm Duke has offered in the The40 percent-off couponzs are available to the utility’s customers at . Customers can prin t four of the coupons after entering thei account numbers andother information. The couponas can be used for purchases of compact fluorescent bulbsat Lowe’s stores in the utility’s servics area through Aug. 11. Compact fluorescent bulbs are 75 percen more efficient than standard bulbs and last five tosevenm years, according to EnergyStar, a government program that promotew energy efficiency.
“By initiating this collaboration, we hope to help our Nort Carolina and South Carolina customerssave money, reduces their energy consumption and have a positive impact on the says Brett Carter, president of . Duke Energy Carolinas is a divisioof Charlotte-based (NYSE:DUK). Lowe’s is a home-improvement retailer based in Mooresville.
Saturday, March 3, 2012
Cincinnati revamps retirement benefits - Business Courier of Cincinnati:
xysecurakihir.blogspot.com
billion within five years. The vote came as a councilo majority suddenly coalesced aroun a series of reforms first introducesd last fall bythe city’e Task Force for Retirement Security. Reformd related to health care changee were subsequently modified to provide additionapl protectionfor low-income retirees. The reformzs are projected to reducethe system’s unfundeed liability by $137 million and reduce by $22 million the amount the city would be requirecd to contribute annually to erase the retirement system’a long-term liability.
Most of the reform measures passed witheight votes, with Councilmen Cecikl Thomas and Chris Monze voting against the motion reducing health benefits. That motion’sz passage means former city employees who retired before September 2007 will be shifted out ofthe city’s traditionall indemnity plan and into a modifief PPO plan that covers 90 percent of all costs. Council member Roxanns Qualls said a recent projection that the city facesa $40 millionj budget deficit next year, combineds with a Retirement System request that the city contribute $125 million to the plan in 2010 servef as a “wake up call” for members of council.
“Peoplwe realized that the time for delaywas over,” she Councilwoman Leslie Ghiz criticized council’ s Democratic majority for voting on the reforms withou letting retirees know in advance. “I feel they have a righty to be heardon this,” Ghiz said before voting in favorf of the reforms. “I just don’t think it’s a fair way to do Thomas said he voted againsyt the health care changes because it violates a promise the city made to itsformef employees.
Monzel said the changes didn’t go far He’d like the city to transfer its pension liabilitied to the Ohio Publicv Employees Retirement System or give city employees the option of fundinfg their own IndividualRetirement Accounts. “What we’re doinhg today is only cutting arounthe edges,” Monzel said. “It’s not going to solve the Councilman Jeff Berding submitted a motioj to reconvenethe city’s retirement task force to seek additionapl solutions to the Retirement System’ shortfalls.
Qualls said the list of reformz should include changing the composition of the pension boarxd to include more financial Qualls and Councilman Chris Bortz both opined that the currenft board has been more concerned with preservinh benefits than protecting the financial integrity ofthe
billion within five years. The vote came as a councilo majority suddenly coalesced aroun a series of reforms first introducesd last fall bythe city’e Task Force for Retirement Security. Reformd related to health care changee were subsequently modified to provide additionapl protectionfor low-income retirees. The reformzs are projected to reducethe system’s unfundeed liability by $137 million and reduce by $22 million the amount the city would be requirecd to contribute annually to erase the retirement system’a long-term liability.
Most of the reform measures passed witheight votes, with Councilmen Cecikl Thomas and Chris Monze voting against the motion reducing health benefits. That motion’sz passage means former city employees who retired before September 2007 will be shifted out ofthe city’s traditionall indemnity plan and into a modifief PPO plan that covers 90 percent of all costs. Council member Roxanns Qualls said a recent projection that the city facesa $40 millionj budget deficit next year, combineds with a Retirement System request that the city contribute $125 million to the plan in 2010 servef as a “wake up call” for members of council.
“Peoplwe realized that the time for delaywas over,” she Councilwoman Leslie Ghiz criticized council’ s Democratic majority for voting on the reforms withou letting retirees know in advance. “I feel they have a righty to be heardon this,” Ghiz said before voting in favorf of the reforms. “I just don’t think it’s a fair way to do Thomas said he voted againsyt the health care changes because it violates a promise the city made to itsformef employees.
Monzel said the changes didn’t go far He’d like the city to transfer its pension liabilitied to the Ohio Publicv Employees Retirement System or give city employees the option of fundinfg their own IndividualRetirement Accounts. “What we’re doinhg today is only cutting arounthe edges,” Monzel said. “It’s not going to solve the Councilman Jeff Berding submitted a motioj to reconvenethe city’s retirement task force to seek additionapl solutions to the Retirement System’ shortfalls.
Qualls said the list of reformz should include changing the composition of the pension boarxd to include more financial Qualls and Councilman Chris Bortz both opined that the currenft board has been more concerned with preservinh benefits than protecting the financial integrity ofthe
Thursday, March 1, 2012
City Auto ranked No. 1 online used auto dealer - Memphis Business Journal:
bengeyqafiba1640.blogspot.com
It is the fourthj consecutive year City Auto has been at the top of the AutoDealerd ranking. Its 2008 pre-owned volume was 3,018 almost twice that of its next competitor onthe Texascarsdirect.com Ltd., which sold 1,781 City Auto also ranked No. 4 on Auto Dealetr Monthly’s ranking of the 2009 Top 100 Interneg Retailers. Dave Smith Motors of Idaho, was again No. 1, selling 4,520 new vehiclesa and 1,377 used. City Auto was one of only six dealerxs of the 100 to only sell used No other dealers in Tennessee appeared oneither list.
City Auto had forecasy a 5 percent decrease in sales for said general mangerStan Norton, but througjh the first five months, sales are 12 percent ahead In 2008, City Auto renovaterd its location at 4932 Elmore Road off Covingtojn Pike, which included a 3,000-square-foogt expansion of the main showroomk building, giving it a total of 10,000 square feet of
It is the fourthj consecutive year City Auto has been at the top of the AutoDealerd ranking. Its 2008 pre-owned volume was 3,018 almost twice that of its next competitor onthe Texascarsdirect.com Ltd., which sold 1,781 City Auto also ranked No. 4 on Auto Dealetr Monthly’s ranking of the 2009 Top 100 Interneg Retailers. Dave Smith Motors of Idaho, was again No. 1, selling 4,520 new vehiclesa and 1,377 used. City Auto was one of only six dealerxs of the 100 to only sell used No other dealers in Tennessee appeared oneither list.
City Auto had forecasy a 5 percent decrease in sales for said general mangerStan Norton, but througjh the first five months, sales are 12 percent ahead In 2008, City Auto renovaterd its location at 4932 Elmore Road off Covingtojn Pike, which included a 3,000-square-foogt expansion of the main showroomk building, giving it a total of 10,000 square feet of
Monday, February 27, 2012
New development plan will drive Clayton growth - Business First of Columbus:
http://nolaer.net/education/michael-gove-ducks-question-over-deletion-of-private-emails/
Carter is working on retaining and expandinyg existing businesses in Clayton and overseeing economicdevelopmenf efforts. The Business Journal asked Cartedr about those efforts and the impact ofthe recession. What is your strategy to attract new companiesand development? Clayton is poisedx to implement a new strategicx economic development plan. While still beingb refined, the strategy’s focus is on attracting new business, on nurturinhg the nearly 2,000 businesses that currently callClaytonj home, on encouraging redevelopmen and conducting targeted marketing campaigns. Existing businesses are Clayton’ss catalyst for growth.
With companies like Enterprise, Graybar, Centene, and , Clayton’s economic base is solid and The efforts toretain these, and all Clayton will focus on helpinfg them grow in Clayton. To attracf or retain businesses and to creatwe new investmentand jobs, the city will considerf incentives on a case-by-case basis and work to obtainn state incentives. Currently, the city is in the processx of selecting a firm to updatewthe city’s central businesse district master plan. The hope is to leverage asset suchas , , , and existingv corporations and redevelopment into a deliberate plan for economicx growth.
With this growth will come opportunity to addmore world-clasw office space for organizations interested in capitalizing on Clayton’s premier business environment. Clayton will begi n to take its regional reputation as a leadingy business center to thenational market. The city will begijn increasing its economic development via a targetedmarketing campaign. Clayton will seek to attracgt new jobs and investment to the region by promotingt its amenities on anational level. What major projectds are moving ahead? Admittedlt the economy has slowedsome projects. the Centene project has closed onits financing, and constructioh activity is well under way.
In addition, and Resort and RJ York recently announced theird plans to begin constructionj in 2010 ofa 245-room Westin Hotel. Huscn Blackwell Sanders is proceeding witha 15,000-square-foot build-out of additional space in the Clayton Plaza. Once the economy has stabilized, we expec t many of the pending projectsto proceed. What does the city hope to achievde by conducting itsretaikl analysis? Clayton benefits from an already stronbg retail base provided in part by the 80 qualityh restaurants that call Clayton home. Many of the area’d best chefs run kitchens in our restaurants.
Clayton’sz four business districts combine a mix of charming retail shops and many of the finesr eating establishments inthe region. However, as part of the centraol business districtplanning process, the city will conductr a retail study. The ultimat e goal will be to enhance one ofthe city’s finestt amenities: its retail community. A vibranyt retail environment attracts residents and adds vitalityu to the central The analysis should help energizr retaildevelopment downtown, establish a plan for an appropriate retaikl mix and coordinate the different new developments. How is the city of Claytonb positioning itself to attractmore retailers?
We believ e the retail analysis will assist in answering this However, we also believe that getting Clayton’s storyy out to potential retailers will also attract more Clayton has a lot to offer. Clayto has over 50,000 daytime 80 restaurants and 50,000-plue households within a 3-mile radius. In addition, Clayton has always been the originalplifestyle center. Is Claytoh considering any new programs to attract andretain businesses? Included in the yet-to-be-adopted strategic economic development there exists an economic developmengt incentive application and policy.
This is not to say that Claytob is enteringthe zero-su game of local competition for existing but that as it moves forward with recruiting new businesse to the area, it will consider each projecty on a case-by-case Furthermore, the city will examinse assisting businesses in less than traditionaol manners such as leveraged marketing and other programs that may enhanc e economic activity.
Carter is working on retaining and expandinyg existing businesses in Clayton and overseeing economicdevelopmenf efforts. The Business Journal asked Cartedr about those efforts and the impact ofthe recession. What is your strategy to attract new companiesand development? Clayton is poisedx to implement a new strategicx economic development plan. While still beingb refined, the strategy’s focus is on attracting new business, on nurturinhg the nearly 2,000 businesses that currently callClaytonj home, on encouraging redevelopmen and conducting targeted marketing campaigns. Existing businesses are Clayton’ss catalyst for growth.
With companies like Enterprise, Graybar, Centene, and , Clayton’s economic base is solid and The efforts toretain these, and all Clayton will focus on helpinfg them grow in Clayton. To attracf or retain businesses and to creatwe new investmentand jobs, the city will considerf incentives on a case-by-case basis and work to obtainn state incentives. Currently, the city is in the processx of selecting a firm to updatewthe city’s central businesse district master plan. The hope is to leverage asset suchas , , , and existingv corporations and redevelopment into a deliberate plan for economicx growth.
With this growth will come opportunity to addmore world-clasw office space for organizations interested in capitalizing on Clayton’s premier business environment. Clayton will begi n to take its regional reputation as a leadingy business center to thenational market. The city will begijn increasing its economic development via a targetedmarketing campaign. Clayton will seek to attracgt new jobs and investment to the region by promotingt its amenities on anational level. What major projectds are moving ahead? Admittedlt the economy has slowedsome projects. the Centene project has closed onits financing, and constructioh activity is well under way.
In addition, and Resort and RJ York recently announced theird plans to begin constructionj in 2010 ofa 245-room Westin Hotel. Huscn Blackwell Sanders is proceeding witha 15,000-square-foot build-out of additional space in the Clayton Plaza. Once the economy has stabilized, we expec t many of the pending projectsto proceed. What does the city hope to achievde by conducting itsretaikl analysis? Clayton benefits from an already stronbg retail base provided in part by the 80 qualityh restaurants that call Clayton home. Many of the area’d best chefs run kitchens in our restaurants.
Clayton’sz four business districts combine a mix of charming retail shops and many of the finesr eating establishments inthe region. However, as part of the centraol business districtplanning process, the city will conductr a retail study. The ultimat e goal will be to enhance one ofthe city’s finestt amenities: its retail community. A vibranyt retail environment attracts residents and adds vitalityu to the central The analysis should help energizr retaildevelopment downtown, establish a plan for an appropriate retaikl mix and coordinate the different new developments. How is the city of Claytonb positioning itself to attractmore retailers?
We believ e the retail analysis will assist in answering this However, we also believe that getting Clayton’s storyy out to potential retailers will also attract more Clayton has a lot to offer. Clayto has over 50,000 daytime 80 restaurants and 50,000-plue households within a 3-mile radius. In addition, Clayton has always been the originalplifestyle center. Is Claytoh considering any new programs to attract andretain businesses? Included in the yet-to-be-adopted strategic economic development there exists an economic developmengt incentive application and policy.
This is not to say that Claytob is enteringthe zero-su game of local competition for existing but that as it moves forward with recruiting new businesse to the area, it will consider each projecty on a case-by-case Furthermore, the city will examinse assisting businesses in less than traditionaol manners such as leveraged marketing and other programs that may enhanc e economic activity.
Saturday, February 25, 2012
G-20 summit coming to Pittsburgh in September - Pittsburgh Business Times:
http://freefirebanners.com/analysis-of-advertisements/19.php
Press secretary Robert Gibbs made the announcement durinyg a press briefing at theWhite House. "Hosting a globapl economic summit will allow the worl to see that Pittsburgh is a progressive city with a distinguished histort and alimitless future. We've recognized the region's appealp for years and are thrillee that others will have thesame opportunity," said Chuck spokesman for Gov. Ed Allegheny County Executive Dan Onorato and Pittsburgh Mayor Luke Ravenstahlp are forming a host committee in preparation for the Local agencies, organization and businesses will be involvec in the process.
"During the past few years, we've transformedc southwestern Pennsylvania into a hubfor next-generatiomn jobs and 21st Century innovation,” Onorato said in a “We’ve also made great strides in cleaning our air, wate and land, as well as promoting smart growth, sustainable developmenrt and green jobs. I want to thank President Obama for givingf us this remarkable opportunity to showcase our accomplishmentse and transformation on a world Accordingto VisitPittsburgh, an estimated 3,000 to 4,0000 people will attend the event, which will be held at the Davicd L. Lawrence Convention Center.
The or the Group of 20, was established in 1999 to bring together countries to discuss key issuees in theglobal economy. Memberd countries include Argentina, Australia, Brazil, China, France, Germany, India, Indonesia, Italy, Japan, Russia, Saudi Arabia, Souty Africa, South Korea, Turkey, United Kingdom and the Unitedf Statesof America. It frequently draws largd protests inhost cities. Robert CEO of VisitPittsburgh, put the estimatedr value of a convention thatbrings 3,000 to 4,000 attendee to town at approximately $8 But he expects the value of the G-20 will be higher than given the high-level dignitaries attending.
Including advance teamw and other visitors, McGrath expects the event will generaterbetween 14,000 and 15,000 room nights over multiplew days. While he acknowledged it wasn't an event for which VisitPittsburghucould campaign, McGrath said the city did win out over othere cities in contention. "It kind of fell from the sky but at the same time we had to earn he said. "We had to convince them that wecouldc deliver." Local business leaders hailed the announcement as good news for the “It is great to see Pittsburgh recognized as the worldc class city that it is,” said Laura Ellsworth, partner in charge of Jones Day’s Pittsburgh office.
The international law firm has officesz in 11 of theG20 nations. “Ouf clients around the world are lookin at Pittsburgh as a leader because it has facer problems like pollution from anindustrial area, and its multiple times, through an evolvinh economy and now going into a greenj phase. To focus on the city now will only increase our abilithy to serve thatleadership role.” Kevihn Joyce, owner of The Carlton Restaurant, Downtown, and a board membert of VisitPittsburgh, saw the prospect of such global dignitaries comingf to Pittsburgh as a positive business opportunity and a chance to exposwe the city to the world.
"It’sd a great opportunity for the city toshowcase itself," he "It's a great opportunity to fill hotel rooms and to servde lots of important folks great meals at great Pittsburgh K&L Gates LLP, Pittsburgh's larges t law firm, has offices in five G20 nations China, France, Germany, the Unitee Kingdom and the United States. “Thee G20 Summit will demonstrate to a watchingy world the global strengths of Pittsburgh and the chairmanPeter Kalis, wrote in an e-mail. Pittsburgh leaders found out that the city was a candidatde threeweeks ago.
“Three weeks ago the Whited House contacted us and said that the Presidentg had agreed in London to host the next meeting of the G20 and that Pittsburghn was high on his listof places,” said Kevin a spokesman for the county’s Chiefv Executive Dan Onorato. “W e were told that the goal of the summigt is talk about the new economy and thegreeh economy, and Pittsburgh is a great poster chilc in becoming a leader in economid transformation.
” The following week, the administration dispatched an “advancr team” to Pittsburgh to tour the conventionm center and discuss the summit’s needx with representatives from the mayor’zs office, the county executive’s office, the Sports and Exhibition Authority, leaders of emergency servic agencies and the Visitor’s Bureau.
Press secretary Robert Gibbs made the announcement durinyg a press briefing at theWhite House. "Hosting a globapl economic summit will allow the worl to see that Pittsburgh is a progressive city with a distinguished histort and alimitless future. We've recognized the region's appealp for years and are thrillee that others will have thesame opportunity," said Chuck spokesman for Gov. Ed Allegheny County Executive Dan Onorato and Pittsburgh Mayor Luke Ravenstahlp are forming a host committee in preparation for the Local agencies, organization and businesses will be involvec in the process.
"During the past few years, we've transformedc southwestern Pennsylvania into a hubfor next-generatiomn jobs and 21st Century innovation,” Onorato said in a “We’ve also made great strides in cleaning our air, wate and land, as well as promoting smart growth, sustainable developmenrt and green jobs. I want to thank President Obama for givingf us this remarkable opportunity to showcase our accomplishmentse and transformation on a world Accordingto VisitPittsburgh, an estimated 3,000 to 4,0000 people will attend the event, which will be held at the Davicd L. Lawrence Convention Center.
The or the Group of 20, was established in 1999 to bring together countries to discuss key issuees in theglobal economy. Memberd countries include Argentina, Australia, Brazil, China, France, Germany, India, Indonesia, Italy, Japan, Russia, Saudi Arabia, Souty Africa, South Korea, Turkey, United Kingdom and the Unitedf Statesof America. It frequently draws largd protests inhost cities. Robert CEO of VisitPittsburgh, put the estimatedr value of a convention thatbrings 3,000 to 4,000 attendee to town at approximately $8 But he expects the value of the G-20 will be higher than given the high-level dignitaries attending.
Including advance teamw and other visitors, McGrath expects the event will generaterbetween 14,000 and 15,000 room nights over multiplew days. While he acknowledged it wasn't an event for which VisitPittsburghucould campaign, McGrath said the city did win out over othere cities in contention. "It kind of fell from the sky but at the same time we had to earn he said. "We had to convince them that wecouldc deliver." Local business leaders hailed the announcement as good news for the “It is great to see Pittsburgh recognized as the worldc class city that it is,” said Laura Ellsworth, partner in charge of Jones Day’s Pittsburgh office.
The international law firm has officesz in 11 of theG20 nations. “Ouf clients around the world are lookin at Pittsburgh as a leader because it has facer problems like pollution from anindustrial area, and its multiple times, through an evolvinh economy and now going into a greenj phase. To focus on the city now will only increase our abilithy to serve thatleadership role.” Kevihn Joyce, owner of The Carlton Restaurant, Downtown, and a board membert of VisitPittsburgh, saw the prospect of such global dignitaries comingf to Pittsburgh as a positive business opportunity and a chance to exposwe the city to the world.
"It’sd a great opportunity for the city toshowcase itself," he "It's a great opportunity to fill hotel rooms and to servde lots of important folks great meals at great Pittsburgh K&L Gates LLP, Pittsburgh's larges t law firm, has offices in five G20 nations China, France, Germany, the Unitee Kingdom and the United States. “Thee G20 Summit will demonstrate to a watchingy world the global strengths of Pittsburgh and the chairmanPeter Kalis, wrote in an e-mail. Pittsburgh leaders found out that the city was a candidatde threeweeks ago.
“Three weeks ago the Whited House contacted us and said that the Presidentg had agreed in London to host the next meeting of the G20 and that Pittsburghn was high on his listof places,” said Kevin a spokesman for the county’s Chiefv Executive Dan Onorato. “W e were told that the goal of the summigt is talk about the new economy and thegreeh economy, and Pittsburgh is a great poster chilc in becoming a leader in economid transformation.
” The following week, the administration dispatched an “advancr team” to Pittsburgh to tour the conventionm center and discuss the summit’s needx with representatives from the mayor’zs office, the county executive’s office, the Sports and Exhibition Authority, leaders of emergency servic agencies and the Visitor’s Bureau.
Thursday, February 23, 2012
Colts still trying to figure out what to do with injured Manning, top-rated Luck - Washington Post
kdrummondbs37.blogspot.com
Colts still trying to figure out what to do with injured Manning, top-rated Luck Washington Post INDIANAPOLIS â€" Even the Indianapolis Colts don't have all the answers on Peyton Manning. Or Andrew Luck, for that matter. New general manager Ryan Grigson said the Colts have not decided whether to release the four-time league MVP, ... |
Tuesday, February 21, 2012
Citrix Q1 revenue, net income fall - South Florida Business Journal:
ugefuk.wordpress.com
Net income fell to $7 million, or 4 cents a from $34 million, or 18 centsd a share, in the first quarter of 2008. The Fort Lauderdale-basedr software maker (NASDAQ: CTXS) took various including a $21 million charge for After these items, revenue was $59 million, or 32 centd a share, down from $66 million, or 35 cents a in the comparable periodlast year. Analysts had predicter the company would have revenue of 31 centsa "I’m pleased with our Q1 execution in the toughest macri environment we’ve seen in years," Presidenr and CEO Mark Templeton said.
"Smaller IT budget s are the new We believe this makesx our enterpriseand [software as a service] productd even more compelling because they lower IT costss while offering much-needed businessa flexibility." While the company slightly exceeded Wall Street’ss expectations, revenue and earningsx still fell from the fourth when 2008 was a year of continuousa growth, said Stephen Dunn, a technolog analyst with in Boca Raton. Still, the news is positives on balance. “I think it mirrords the broadertech companies, whicb were not expected to do well in the first but didn’t do as badly as everyonde expected,” Dunn said.
“So, it’s certainly a Dunn pointed to the fact that the company is predicting revenue will be flatin 2009. With another year-over-year loss predicted for the second quarter, the companuy is banking on a big recovery in the last six monthws ofthe year. Companies have put off IT spending and, Citridx stands to benefit when those projectsget funding, he “Now, it’s more a function of when the deferrerd projects come back on line,” Dunn said. In addition to quarterlu financial results, Citrix said its boar d of directors has authorized it to repurchase up to anadditionak $300 million of its common stock.
As of Marchb 31, about $50 million remained in authorituy fromprevious approvals. Product license revenued decreased24 percent. Online services revenue grew 16 percent. Technicalk services revenue, which comprises education andtechnical support, grew 8 On April 23, UBS downgraded Citrixd from “neutral” to “sell,” noting that competitive pressures will limit the company’s abilityt to expand its margins. Shares closed Wednesday at The 52-week high was $36.20 on May 15. The 52-weekm low was $19 on Oct. 10.
Net income fell to $7 million, or 4 cents a from $34 million, or 18 centsd a share, in the first quarter of 2008. The Fort Lauderdale-basedr software maker (NASDAQ: CTXS) took various including a $21 million charge for After these items, revenue was $59 million, or 32 centd a share, down from $66 million, or 35 cents a in the comparable periodlast year. Analysts had predicter the company would have revenue of 31 centsa "I’m pleased with our Q1 execution in the toughest macri environment we’ve seen in years," Presidenr and CEO Mark Templeton said.
"Smaller IT budget s are the new We believe this makesx our enterpriseand [software as a service] productd even more compelling because they lower IT costss while offering much-needed businessa flexibility." While the company slightly exceeded Wall Street’ss expectations, revenue and earningsx still fell from the fourth when 2008 was a year of continuousa growth, said Stephen Dunn, a technolog analyst with in Boca Raton. Still, the news is positives on balance. “I think it mirrords the broadertech companies, whicb were not expected to do well in the first but didn’t do as badly as everyonde expected,” Dunn said.
“So, it’s certainly a Dunn pointed to the fact that the company is predicting revenue will be flatin 2009. With another year-over-year loss predicted for the second quarter, the companuy is banking on a big recovery in the last six monthws ofthe year. Companies have put off IT spending and, Citridx stands to benefit when those projectsget funding, he “Now, it’s more a function of when the deferrerd projects come back on line,” Dunn said. In addition to quarterlu financial results, Citrix said its boar d of directors has authorized it to repurchase up to anadditionak $300 million of its common stock.
As of Marchb 31, about $50 million remained in authorituy fromprevious approvals. Product license revenued decreased24 percent. Online services revenue grew 16 percent. Technicalk services revenue, which comprises education andtechnical support, grew 8 On April 23, UBS downgraded Citrixd from “neutral” to “sell,” noting that competitive pressures will limit the company’s abilityt to expand its margins. Shares closed Wednesday at The 52-week high was $36.20 on May 15. The 52-weekm low was $19 on Oct. 10.
Sunday, February 19, 2012
Embarq, CenturyTel will become CenturyLink after merger - Nashville Business Journal:
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billion sale to closes, expecte this month. The rural phone companies on Tuesday announcef the planned name and logo for thecombined company. CenturyLinj will retain the CenturyTel (NYSE: CTL) trading “Our new brand name was selectedd because our customers and employees told us it reflecteed a company thatis forward-looking and committec to linking the country together,” CenturyTel CEO Glen Post III, who also will be chierf executive of CenturyLink, said in the release. The companu will begin operating under the new brand immediatelyu upon closingthe deal.
In the followingg months, markets will be converted to thenew brand, with customersd being notified in advance and the name being added to companyy signs, vehicles and marketiny materials. The logo is intended to represent the powefr of connecting people and businesses to one anothedr and tonew opportunities, locally and the release said. Overland Park-based Embarq (NYSE: EQ) and CenturyTel, based in Monroe, La., are from the — before the deal can close. The headquarterse will be in Monroe. A Denverr brand consulting agency, , helped develolp the new brand strategy, name and logo, the releasd said. Together, the two companiew will have about 7.
5 millionm access lines, more than 2 million broadband customers and morethan 400,000 video subscribers. will . Embarqa ranks No. 3 on the Kansas City BusinessJournal ’s list of area publicc companies.
billion sale to closes, expecte this month. The rural phone companies on Tuesday announcef the planned name and logo for thecombined company. CenturyLinj will retain the CenturyTel (NYSE: CTL) trading “Our new brand name was selectedd because our customers and employees told us it reflecteed a company thatis forward-looking and committec to linking the country together,” CenturyTel CEO Glen Post III, who also will be chierf executive of CenturyLink, said in the release. The companu will begin operating under the new brand immediatelyu upon closingthe deal.
In the followingg months, markets will be converted to thenew brand, with customersd being notified in advance and the name being added to companyy signs, vehicles and marketiny materials. The logo is intended to represent the powefr of connecting people and businesses to one anothedr and tonew opportunities, locally and the release said. Overland Park-based Embarq (NYSE: EQ) and CenturyTel, based in Monroe, La., are from the — before the deal can close. The headquarterse will be in Monroe. A Denverr brand consulting agency, , helped develolp the new brand strategy, name and logo, the releasd said. Together, the two companiew will have about 7.
5 millionm access lines, more than 2 million broadband customers and morethan 400,000 video subscribers. will . Embarqa ranks No. 3 on the Kansas City BusinessJournal ’s list of area publicc companies.
Friday, February 17, 2012
AutoZone board approves $500M stock repurchase - Nashville Business Journal:
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The company’s board of directors approved the repurchase June 17 as part ofthe company’s ongoing share repurchase program, the company announced afted the close of markets Wednesday. The last repurchas e authorization was in December and was asimilar $500 million. There were threw $500 million authorizations in 2008 and a totapof $7.9 billion since 1998. "We remain committed to utilizing share repurchasesz within the bounds of a disciplinede capital structure to enhance stockholdee returns while maintaining adequate liquidity to executeour plans,” said CFO Bill Memphis-based AutoZone (NYSE: AZO) is the leading retailerf and distributor of automotive replacementg parts and accessories in the U.
S. The company sellsz auto and light truck chemicals and accessoriesthrough 4,172 AutoZone storesx in 48 states, the District of Columbia and Puerto Rico in the U.S. and 168 storesz in Mexico. Shares of AutoZoner closed Wednesdayat $155.54, up 2.37 percent.
The company’s board of directors approved the repurchase June 17 as part ofthe company’s ongoing share repurchase program, the company announced afted the close of markets Wednesday. The last repurchas e authorization was in December and was asimilar $500 million. There were threw $500 million authorizations in 2008 and a totapof $7.9 billion since 1998. "We remain committed to utilizing share repurchasesz within the bounds of a disciplinede capital structure to enhance stockholdee returns while maintaining adequate liquidity to executeour plans,” said CFO Bill Memphis-based AutoZone (NYSE: AZO) is the leading retailerf and distributor of automotive replacementg parts and accessories in the U.
S. The company sellsz auto and light truck chemicals and accessoriesthrough 4,172 AutoZone storesx in 48 states, the District of Columbia and Puerto Rico in the U.S. and 168 storesz in Mexico. Shares of AutoZoner closed Wednesdayat $155.54, up 2.37 percent.
Wednesday, February 15, 2012
Apple Attraction Still Strong For Fund Managers - TheStreet.com
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TheStreet.com | Apple Attraction Still Strong For Fund Managers TheStreet.com By Olivia Oran 02/15/12 - 08:08 AM EST NEW YORK (TheStreet) -- Apple(AAPL), which recently hit $500 a share for the first time, is growing in popularity with hedge fund managers, reflecting the consumer tech giant's upward trajectory. |
Monday, February 13, 2012
GM files for bankruptcy, plans to transfer operations to Wentzville - Kansas City Business Journal:
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Some operations and equipment from a steel stampint plant inGrand Rapids, Mich., which is slated to close as part of the automaker's will be transferred to Wentzville, accordin to Bob Wheeler, a spokesmanh for the Wentzville plant. It'a not yet known how if any, Michigan employees will opt to transfedrto Wentzville, he said. GM officials called Wentzvillew Mayor Paul Lambi at9 a.m. Monday to assure him the local plant woulxdremain open. "It's good that they are shipping in work for this Lambi said.
"That's a positiv e that corporate thinks this plant willbe Still, Lambi said, rival automaked Chrysler plans to shutter its Fenton factors after investing $130 million in them, so it was importanyt for Wentzville to not rely on GM so much and diversif its revenue stream. When Lambi took office sevehn years ago, Wentzville counted on GM for aboug 55 to 60 percent of itstotal revenue. Today, that'd more like 15 percent of the city' s $24 million general fund, becauss GM pays the city about $3 million a year in real estate taxes, property taxes and other fees, he GM on Monday by the end of 2010, but the Wentzvilld plant was sparedbecause it’s the only plant where Chevrolet Express and GMC Savana vans are made, The Wentzvill e plant will still undergo a previously announce and other production cuts in June and July that will resulft in the layoffs of 300 Monday’s Chapter 11 filing by the 101-year-old automaker is among the larges t in U.
S. history and largest-evedr U.S. manufacturing bankruptcy. GM listed $173 billion in liabilitiexs and $82 billion in assets, according to the filed in New York. GM to St. largest privately held company, Enterprise Rent-a-Car, and to Chapter 11, whic allows the company to operatew while protected fromits creditors, pushes GM into a fast-trackk bankruptcy and provides $30 billion of additional taxpayer funds to restructure. The GM plan as detailexd by U.S. officials would allo a much smaller GM to emerge from courtf protection within 60 to 90 The automaker has not provided an updated targety for job cuts but was lookinbg toeliminate 21,000 U.S.
factoru jobs from the 54,000 union members it now General Motorsemploys 92,000 in the United Statez and is indirectly responsible for 500,000 The U.S. government woulcd hold a 60 percent financial interest in areorganized GM, and the UAW woule take a 17.5 percent stake. The governments of Canada and the province of Ontario have agreedf to a 12 percent ownership stake in exchangew forfinancial aid. GM bondholders would get 10 "It’s a bittersweet thing," Wheeler said.
"Yo hate to have to go through the processw of closing plants and eliminating butlook around, that’s what's going on with a lot of Hopefully we can hire people in the future and be the vibrant companyh we once were." Download a copy of the
Some operations and equipment from a steel stampint plant inGrand Rapids, Mich., which is slated to close as part of the automaker's will be transferred to Wentzville, accordin to Bob Wheeler, a spokesmanh for the Wentzville plant. It'a not yet known how if any, Michigan employees will opt to transfedrto Wentzville, he said. GM officials called Wentzvillew Mayor Paul Lambi at9 a.m. Monday to assure him the local plant woulxdremain open. "It's good that they are shipping in work for this Lambi said.
"That's a positiv e that corporate thinks this plant willbe Still, Lambi said, rival automaked Chrysler plans to shutter its Fenton factors after investing $130 million in them, so it was importanyt for Wentzville to not rely on GM so much and diversif its revenue stream. When Lambi took office sevehn years ago, Wentzville counted on GM for aboug 55 to 60 percent of itstotal revenue. Today, that'd more like 15 percent of the city' s $24 million general fund, becauss GM pays the city about $3 million a year in real estate taxes, property taxes and other fees, he GM on Monday by the end of 2010, but the Wentzvilld plant was sparedbecause it’s the only plant where Chevrolet Express and GMC Savana vans are made, The Wentzvill e plant will still undergo a previously announce and other production cuts in June and July that will resulft in the layoffs of 300 Monday’s Chapter 11 filing by the 101-year-old automaker is among the larges t in U.
S. history and largest-evedr U.S. manufacturing bankruptcy. GM listed $173 billion in liabilitiexs and $82 billion in assets, according to the filed in New York. GM to St. largest privately held company, Enterprise Rent-a-Car, and to Chapter 11, whic allows the company to operatew while protected fromits creditors, pushes GM into a fast-trackk bankruptcy and provides $30 billion of additional taxpayer funds to restructure. The GM plan as detailexd by U.S. officials would allo a much smaller GM to emerge from courtf protection within 60 to 90 The automaker has not provided an updated targety for job cuts but was lookinbg toeliminate 21,000 U.S.
factoru jobs from the 54,000 union members it now General Motorsemploys 92,000 in the United Statez and is indirectly responsible for 500,000 The U.S. government woulcd hold a 60 percent financial interest in areorganized GM, and the UAW woule take a 17.5 percent stake. The governments of Canada and the province of Ontario have agreedf to a 12 percent ownership stake in exchangew forfinancial aid. GM bondholders would get 10 "It’s a bittersweet thing," Wheeler said.
"Yo hate to have to go through the processw of closing plants and eliminating butlook around, that’s what's going on with a lot of Hopefully we can hire people in the future and be the vibrant companyh we once were." Download a copy of the
Friday, February 10, 2012
Lee decides against reverse stock split - Charlotte Business Journal:
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Mary Junck, chairman and chief executivs officer, said the board consideredx currentmarket conditions, business forecasts and other factors that coulf affect shareholder value, including the prospecrt of remaining in compliance with rulea for continued listing. The NYSE notifiefd Lee (NYSE: LEE) in Decembe 2008 that the company was not in compliance with its continued listing standards of atleast $1 a Since then, the NYSE announced that the standard has been temporariluy suspended through July 31. As a result, Lee has untill Dec. 3, 2009, to return to Lee was trading at 55 cents a shareWednesdayu morning.
In February, the Davenport, Iowa-basedx company it took on when it boughtthe Post-Dispatch and restructurexd future payments under its $1.1 billion bank financing arrangements. The remaining debt balancse of $186 million has been refinanced by the lenderduntil 2012. Newspaper publishers nationwide are strugglint with declining advertising revenue as readers flock tothe
Mary Junck, chairman and chief executivs officer, said the board consideredx currentmarket conditions, business forecasts and other factors that coulf affect shareholder value, including the prospecrt of remaining in compliance with rulea for continued listing. The NYSE notifiefd Lee (NYSE: LEE) in Decembe 2008 that the company was not in compliance with its continued listing standards of atleast $1 a Since then, the NYSE announced that the standard has been temporariluy suspended through July 31. As a result, Lee has untill Dec. 3, 2009, to return to Lee was trading at 55 cents a shareWednesdayu morning.
In February, the Davenport, Iowa-basedx company it took on when it boughtthe Post-Dispatch and restructurexd future payments under its $1.1 billion bank financing arrangements. The remaining debt balancse of $186 million has been refinanced by the lenderduntil 2012. Newspaper publishers nationwide are strugglint with declining advertising revenue as readers flock tothe
Wednesday, February 8, 2012
Buying brings stability while leases offer flexibility - bizjournals:
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Buying a property represents amuch longer-terj financial commitment than leasing and, as requires a realistic assessment by the potential purchaser of the company’xs future prospects. Companies anticipating significant growth must decide whethet to purchase property large enough to accommodate that growth over If the space is initiallytoo large, they might want to lease the excesws space to a tenant for now. The potential rentalk income that leasing surplu s space might generate for the purchaseer also should be part ofthe equation.
Spacd is much less of an issue when leasinvan office, since if it becomes too smalk — or too large — the company has the option of not renewinh its lease and moving elsewhere. That flexibility also can be usefu l if market changes over time indicatr that a move to a different location woulxbe advantageous. On the other hand, renters can be facedr with unwelcome disruption should the landlord decide to terminatwethe lease. Deciding to purchase also commits business owners to a much larget upfront cash outlay than theleasing option.
The initialp outlay when purchasing will include not only a substantia ldown payment, but also the cost of inspectionzs and appraisals, loan-related fees and other closing The upside is that, in contrast with a firm that leases the purchaser will, in time, own an asset that can be sold hopefully at a profit. According to online office spacre referral and information networkOfficeFinder LLC, businessx owners purchasing office space can expect to make a down payment of between 10 percent and 25 percent of the purchase price. By comparison, the upfronft cost involved in leasing a space usuallyh is limited to just a coupleof rent.
Potential buyers should also consider the effec t of the down payment on workinyg capital available to financethe company’w growth. Other issues include taxes, maintenance costa and potential interest and rentalrate Renters, for example, usually don’t have to worry about regular maintenance costs, as thes e normally are the responsibility of the property However, should they wish to make significant alterationsx to the leased space, they can do so only with the landlord’d consent. Property owners, on the other are free to make whatever changesthey wish.
Purchaserzs also have the advantage of knowing in advances what their future monthly loan paymentswill be, especially when they have negotiatee a fixed-rate loan. Tenants, on the other hand, are likeluy to face regular increases in rentall rates and need tobudget accordingly. Leasing initially may look like thecheapeer option, says Tim Hatlestad, president of the Certifiede Commercial Investment Member Institute, but to help reach a decision, busineszs owners should carry out an after-tax analysis to determinde what can be written off, as renting and buying offer different “If everything else were equal, then you have to look at the optionsz after taxes,” Hatlestad says.
“The after-tax analysis, through a number of measures, will tell you what costs less.” Property owners, for example, are eligible for deductions ofproperthy taxes, mortgage interest and depreciatioj among other things, while thos e who lease office space usually can deduct the full amountr of the rent as a business Jim Osgood, CEO of OfficeFinder, says the stagse a business is at in its life cycle can be an important factor in determining whether to buy or lease. A more established business shouldf consider buyingoffice space, he since anticipated growth is easier to predictf accurately.
A startup, on the other hand, woulrd probably be better to leaseran office, as it would provide greater flexibility and fewe constraints to growth.
Buying a property represents amuch longer-terj financial commitment than leasing and, as requires a realistic assessment by the potential purchaser of the company’xs future prospects. Companies anticipating significant growth must decide whethet to purchase property large enough to accommodate that growth over If the space is initiallytoo large, they might want to lease the excesws space to a tenant for now. The potential rentalk income that leasing surplu s space might generate for the purchaseer also should be part ofthe equation.
Spacd is much less of an issue when leasinvan office, since if it becomes too smalk — or too large — the company has the option of not renewinh its lease and moving elsewhere. That flexibility also can be usefu l if market changes over time indicatr that a move to a different location woulxbe advantageous. On the other hand, renters can be facedr with unwelcome disruption should the landlord decide to terminatwethe lease. Deciding to purchase also commits business owners to a much larget upfront cash outlay than theleasing option.
The initialp outlay when purchasing will include not only a substantia ldown payment, but also the cost of inspectionzs and appraisals, loan-related fees and other closing The upside is that, in contrast with a firm that leases the purchaser will, in time, own an asset that can be sold hopefully at a profit. According to online office spacre referral and information networkOfficeFinder LLC, businessx owners purchasing office space can expect to make a down payment of between 10 percent and 25 percent of the purchase price. By comparison, the upfronft cost involved in leasing a space usuallyh is limited to just a coupleof rent.
Potential buyers should also consider the effec t of the down payment on workinyg capital available to financethe company’w growth. Other issues include taxes, maintenance costa and potential interest and rentalrate Renters, for example, usually don’t have to worry about regular maintenance costs, as thes e normally are the responsibility of the property However, should they wish to make significant alterationsx to the leased space, they can do so only with the landlord’d consent. Property owners, on the other are free to make whatever changesthey wish.
Purchaserzs also have the advantage of knowing in advances what their future monthly loan paymentswill be, especially when they have negotiatee a fixed-rate loan. Tenants, on the other hand, are likeluy to face regular increases in rentall rates and need tobudget accordingly. Leasing initially may look like thecheapeer option, says Tim Hatlestad, president of the Certifiede Commercial Investment Member Institute, but to help reach a decision, busineszs owners should carry out an after-tax analysis to determinde what can be written off, as renting and buying offer different “If everything else were equal, then you have to look at the optionsz after taxes,” Hatlestad says.
“The after-tax analysis, through a number of measures, will tell you what costs less.” Property owners, for example, are eligible for deductions ofproperthy taxes, mortgage interest and depreciatioj among other things, while thos e who lease office space usually can deduct the full amountr of the rent as a business Jim Osgood, CEO of OfficeFinder, says the stagse a business is at in its life cycle can be an important factor in determining whether to buy or lease. A more established business shouldf consider buyingoffice space, he since anticipated growth is easier to predictf accurately.
A startup, on the other hand, woulrd probably be better to leaseran office, as it would provide greater flexibility and fewe constraints to growth.
Monday, February 6, 2012
Lenny's taking Denver by storm - Memphis Business Journal:
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"The West is a hot region for Lenny's righg now, with several restaurants having recently openedin Nevada, New Mexicpo and California," says George Alvord, CEO of Lenny's Franchisotr LLC, which franchises Lenny's Sub Lenny's Franchisor has inked a deal with a grou of 26 investors to develop storesd in the greater Denver area. LLC, led by Memphis investorsx Jerry Bell, Kerry Cleveland, Scott Davis, Joe Nathan Turner and Dodd Williams, has so far raisesd $2 million to start up development, says president of Mile High Sammies.
Completion of all storews is expected within six to seven Turnerbelieves Lenny's can succeed in headquarters of , for its product, servicw and cleanliness of "If people in Memphis love it, people everywherw will love it," he says. Investment in one store averages $250,000, says Lenny'sz president Brent Alvord, whicjh would bring Mile High Sammies' totalo investment in the Denver marketto $10 million. More often than not, it's a group of Memphis investors that ventures outwith Lenny'e franchises in new markets, he says. "They fell in love with Lenny's in Memphis," he That was the case in Dallas, Indianapolis, Charlotte, N.C.
, and Sacramento, Calif. Lenny's, which was founded by Sheila and Len Moorw in Bartlettin 1998, has triples its national presence to 170 stores since a partnershipp led by George Alvord acquire d the sandwich chain in 2004. Its national expansion is in full swinh despite theeconomic downturn, with the righta to develop more than 300 new storee already inked, Brent Alvord says. Lenny's system-widwe sales grew 75%, from $37 million in 2006 to $65 millioj in 2007, he says. With 100 stores unde development by Moorein Houston, the fourth-largest Americanj city threatens to take away Memphis' lead as Lenny's largesg market, Brent Alvord says.
there are 30 restaurants in the greaterMemphis Lenny's is currently developing 98 stores in 40 in St. Louis; 20 in and 15 in Albuquerque, among othert markets. One of the fastest-growingy franchises in the country, according to Entrepreneudr magazine, Lenny's sees much potential in BrentAlvord says. It already has two stores in with moreto come. In Lenny's is getting ready to open a 2,000-square-foot restaurant, which will also serve as a trainin facility, he says. The stord will open next month at Hack Crosand Winchester, around the corner form the company'z Southwind headquarters.
With the risingv cost of food and lacklusterconsumer spending, Lenny's offerd dining for about $7, Brent Alvorde says. "We try harder in an economic downturn," he says. "Wew distinguish ourselves with personality." 8295 Tournament Drive, Suite 200 Web
"The West is a hot region for Lenny's righg now, with several restaurants having recently openedin Nevada, New Mexicpo and California," says George Alvord, CEO of Lenny's Franchisotr LLC, which franchises Lenny's Sub Lenny's Franchisor has inked a deal with a grou of 26 investors to develop storesd in the greater Denver area. LLC, led by Memphis investorsx Jerry Bell, Kerry Cleveland, Scott Davis, Joe Nathan Turner and Dodd Williams, has so far raisesd $2 million to start up development, says president of Mile High Sammies.
Completion of all storews is expected within six to seven Turnerbelieves Lenny's can succeed in headquarters of , for its product, servicw and cleanliness of "If people in Memphis love it, people everywherw will love it," he says. Investment in one store averages $250,000, says Lenny'sz president Brent Alvord, whicjh would bring Mile High Sammies' totalo investment in the Denver marketto $10 million. More often than not, it's a group of Memphis investors that ventures outwith Lenny'e franchises in new markets, he says. "They fell in love with Lenny's in Memphis," he That was the case in Dallas, Indianapolis, Charlotte, N.C.
, and Sacramento, Calif. Lenny's, which was founded by Sheila and Len Moorw in Bartlettin 1998, has triples its national presence to 170 stores since a partnershipp led by George Alvord acquire d the sandwich chain in 2004. Its national expansion is in full swinh despite theeconomic downturn, with the righta to develop more than 300 new storee already inked, Brent Alvord says. Lenny's system-widwe sales grew 75%, from $37 million in 2006 to $65 millioj in 2007, he says. With 100 stores unde development by Moorein Houston, the fourth-largest Americanj city threatens to take away Memphis' lead as Lenny's largesg market, Brent Alvord says.
there are 30 restaurants in the greaterMemphis Lenny's is currently developing 98 stores in 40 in St. Louis; 20 in and 15 in Albuquerque, among othert markets. One of the fastest-growingy franchises in the country, according to Entrepreneudr magazine, Lenny's sees much potential in BrentAlvord says. It already has two stores in with moreto come. In Lenny's is getting ready to open a 2,000-square-foot restaurant, which will also serve as a trainin facility, he says. The stord will open next month at Hack Crosand Winchester, around the corner form the company'z Southwind headquarters.
With the risingv cost of food and lacklusterconsumer spending, Lenny's offerd dining for about $7, Brent Alvorde says. "We try harder in an economic downturn," he says. "Wew distinguish ourselves with personality." 8295 Tournament Drive, Suite 200 Web
Saturday, February 4, 2012
Charlotte Business Journal:
proklofuxaanygez.blogspot.com
Picking the right provider of thosed services is easier andmore problem-fres with careful research. Many companies turn to consultants for expergt adviceand guidance. A consultant is able to independentl evaluate the many addressing such issues as the effectes of rapidlychanging technology, installation of all productws and how to make sure the company can utilizwe the full capabilities of the technology it purchases. As a "people no longer look for hardwareand software; they look for Consultants are the glue that integrates technologg and give the computer user the benefitws of the technology they've purchased," according to the Independent Computere Consultants Association.
The failure or success of any particulart system is often more related to the human elemeny than to the actualequipment components, said Stevem Epner, founder and past president of the a St. Louis-based trade group that represent s the interests ofmember firms, maintains ethicalp conduct standards for the professionn and offers a consultant search feature on its Web site, There are also many partss to the process, so companiesd may need assistance with employee traininb and other needs beyond theinitialo purchase. "It helps to make sure that as largs a group as possible has input into theselection process," Epner said. If one individual makes the that person is on the hook if the outcomde is lessthan stellar. Independent computer consultxs haveone goal: to help a client companty narrow the possible choices to the poinyt that any of the top picks will help the company succeedx in its mission, Epner It's also important for the company to act on a decisionm in a timely manner.
"Any decision processs that is more than six monthds in length will probablybe wrong, because thinges are changing rapidly," Epner The change is occurring not just in hardware or networking products, but also in the distributiojn and manufacturing processes of that equipment. "It's important to comparwe major vendorsand distributors," he said. On the software other factors come into play when making a decisionh about which productsto use. Softwarwe piracy is a growing problem and tools are now available for trackinyg andcombating piracy, according to the Software Information Industry Association, a trade association based in D.C.
, that urges companies to make sure they have enougb software licenses to cover the number of softwarre programs installed on company The group handles issues related to code and content in the industryu and has conducted a successfuk corporate anti-piracy program for its software companyh members for nearly 20 years. Companies should always go with reputablde vendors with choosing computer software and Not doing so canprove costly. "If you go on the Internetr and look for agood deal, you might find one that appearsw to be too good to be true, said John Wolfe, director of Internet enforcemen for the Business Software a Washington, D.C.
-based organization that represents the interestsw of the commercial softwared industry and the hardware companies that partner with them. The group also promotex copyright protection, cyber security and other related Whenpurchasing software, companies should be mindful of severak points, Wolfe said. The companyh should know the sourc e of the software and who will stanrdbehind it. Software sold without the proped labeling and packaging also will lack the codes needed to activatre it or to access technical support afteerthe sale, he added. Choosing a reputable softward vendor will help the company assure that thesoftware doesn'gt come with potential problems such as virusess and spyware.
"It can be a real risk," Wolfer said, adding that a company chief executive officetr may not be fully aware of the riska that come with sucha decision, but often a quickm consultation with an internalp information technology department or a consultant will turn up some strong cautionary advice. A bad decisioh has several possible ramifications, Wolfe said. The software may not work correctlyy and the problem may not be Insome cases, the company's only long-termn solution may be costly as the company may be forcef to buy replacement software.
Picking the right provider of thosed services is easier andmore problem-fres with careful research. Many companies turn to consultants for expergt adviceand guidance. A consultant is able to independentl evaluate the many addressing such issues as the effectes of rapidlychanging technology, installation of all productws and how to make sure the company can utilizwe the full capabilities of the technology it purchases. As a "people no longer look for hardwareand software; they look for Consultants are the glue that integrates technologg and give the computer user the benefitws of the technology they've purchased," according to the Independent Computere Consultants Association.
The failure or success of any particulart system is often more related to the human elemeny than to the actualequipment components, said Stevem Epner, founder and past president of the a St. Louis-based trade group that represent s the interests ofmember firms, maintains ethicalp conduct standards for the professionn and offers a consultant search feature on its Web site, There are also many partss to the process, so companiesd may need assistance with employee traininb and other needs beyond theinitialo purchase. "It helps to make sure that as largs a group as possible has input into theselection process," Epner said. If one individual makes the that person is on the hook if the outcomde is lessthan stellar. Independent computer consultxs haveone goal: to help a client companty narrow the possible choices to the poinyt that any of the top picks will help the company succeedx in its mission, Epner It's also important for the company to act on a decisionm in a timely manner.
"Any decision processs that is more than six monthds in length will probablybe wrong, because thinges are changing rapidly," Epner The change is occurring not just in hardware or networking products, but also in the distributiojn and manufacturing processes of that equipment. "It's important to comparwe major vendorsand distributors," he said. On the software other factors come into play when making a decisionh about which productsto use. Softwarwe piracy is a growing problem and tools are now available for trackinyg andcombating piracy, according to the Software Information Industry Association, a trade association based in D.C.
, that urges companies to make sure they have enougb software licenses to cover the number of softwarre programs installed on company The group handles issues related to code and content in the industryu and has conducted a successfuk corporate anti-piracy program for its software companyh members for nearly 20 years. Companies should always go with reputablde vendors with choosing computer software and Not doing so canprove costly. "If you go on the Internetr and look for agood deal, you might find one that appearsw to be too good to be true, said John Wolfe, director of Internet enforcemen for the Business Software a Washington, D.C.
-based organization that represents the interestsw of the commercial softwared industry and the hardware companies that partner with them. The group also promotex copyright protection, cyber security and other related Whenpurchasing software, companies should be mindful of severak points, Wolfe said. The companyh should know the sourc e of the software and who will stanrdbehind it. Software sold without the proped labeling and packaging also will lack the codes needed to activatre it or to access technical support afteerthe sale, he added. Choosing a reputable softward vendor will help the company assure that thesoftware doesn'gt come with potential problems such as virusess and spyware.
"It can be a real risk," Wolfer said, adding that a company chief executive officetr may not be fully aware of the riska that come with sucha decision, but often a quickm consultation with an internalp information technology department or a consultant will turn up some strong cautionary advice. A bad decisioh has several possible ramifications, Wolfe said. The software may not work correctlyy and the problem may not be Insome cases, the company's only long-termn solution may be costly as the company may be forcef to buy replacement software.
Thursday, February 2, 2012
Readjusted UC stumps Shepherd - Charleston Gazette
yvejodo.wordpress.com
Readjusted UC stumps Shepherd Charleston Gazette By Mike Whiteford A sluggish loss at Wheeling Jesuit on Thursday night prompted University of Charleston coach Mark Downey to rethink his practice plans for Friday. Instead of the customary on-the-court stuff, Downey decided his Golden Eagles would be ... |
Tuesday, January 31, 2012
Group Attempts to Revive SD Park - NBC San Diego
manuscripts-shuwatu.blogspot.com
Group Attempts to Revive SD Park NBC San Diego By Sarah Grieco With the closure dates for a few California state parks looming, a San Diego group has stepped up to raise enough money to keep a nearby park open. A Rancho Santa Fe family, Robert S. Wilson and his wife, have offered to pay for half of ... |
Saturday, January 28, 2012
Anti-abortion advocates protest University of Scranton speaker - Scranton Times-Tribune
pabigy.wordpress.com
Scranton Times-Tribune | Anti-abortion advocates protest University of Scranton speaker Scranton Times-Tribune By David Falchek (Staff Writer) David Falchek / Staff Photo Protesters hit the University of Scranton for hosting a speaker who favors abortion rights. Staff Photo / David Falchek A band and bagpipers join protesters outside the Cathedral Prayer Garden ... |
Thursday, January 26, 2012
City extends kill date on stadium deal - East Bay Business Times:
ramsdenjerrieas54.blogspot.com
The date was changed to July 15, from July 1, afte , which is providing a $100 million lette r of credit towardthe project, asked to modifuy the terms of its County commissioners are to meet Friday to consider Wachovia's request to change the date of when the bank's fees are to be Wachovia is asking it be paid its fees instead of after debt and reservwe payments are made, as stipulated under the current In a 3-2 vote the city commissioners approved the Allow the termination date to be moved to July 15. Give the county until July 17 to terminate the deal if it has not closedf on thebond sale. Extend the date for the city’zs $13 million contribution to July 17.
Amend the provisiohn to allow the city to suspend deposi of its contribution to the project if therer is a delay dueto litigation. Amenr the warranty deed for the stadium site so that it woulsd revert back to city if the dealis terminated. In Miami-Dade County commissioners approved issuing bondss totaling a maximumof $536 million toward construction of the $640 37,000-seat ballpark. On Monday, opponents of the financing deal filed a motio to stop the bond prompting Miami-Dade to push back the sale of its bond by two On Thursday, Miami-Dade County Circuit Courr Judge Lawrence A. Schwartz heard argments from both sidex regarding theemergency motion.
He said he woulrd try to issue an order by no laterethan Monday. Grace Solares and Elvis Cruz, who filedc suit in February, are behin d that effort. The motion for injunction alleges the countyt is exceeding its constitutional tax and spending power by issuing bonds tied to the professionalsportx tax/tourist development tax. The plaintiffs contend that the countyy is inappropriately using the curreng bond to repay a prior bond issuedin 1992. As a resulrt of the motion, and to avoid a cloud that could affectr interest rates on the the county pushed back the bondsale Miami-Dade spokeswoman Vicki Mallette said Monday.
The date was changed to July 15, from July 1, afte , which is providing a $100 million lette r of credit towardthe project, asked to modifuy the terms of its County commissioners are to meet Friday to consider Wachovia's request to change the date of when the bank's fees are to be Wachovia is asking it be paid its fees instead of after debt and reservwe payments are made, as stipulated under the current In a 3-2 vote the city commissioners approved the Allow the termination date to be moved to July 15. Give the county until July 17 to terminate the deal if it has not closedf on thebond sale. Extend the date for the city’zs $13 million contribution to July 17.
Amend the provisiohn to allow the city to suspend deposi of its contribution to the project if therer is a delay dueto litigation. Amenr the warranty deed for the stadium site so that it woulsd revert back to city if the dealis terminated. In Miami-Dade County commissioners approved issuing bondss totaling a maximumof $536 million toward construction of the $640 37,000-seat ballpark. On Monday, opponents of the financing deal filed a motio to stop the bond prompting Miami-Dade to push back the sale of its bond by two On Thursday, Miami-Dade County Circuit Courr Judge Lawrence A. Schwartz heard argments from both sidex regarding theemergency motion.
He said he woulrd try to issue an order by no laterethan Monday. Grace Solares and Elvis Cruz, who filedc suit in February, are behin d that effort. The motion for injunction alleges the countyt is exceeding its constitutional tax and spending power by issuing bonds tied to the professionalsportx tax/tourist development tax. The plaintiffs contend that the countyy is inappropriately using the curreng bond to repay a prior bond issuedin 1992. As a resulrt of the motion, and to avoid a cloud that could affectr interest rates on the the county pushed back the bondsale Miami-Dade spokeswoman Vicki Mallette said Monday.
Tuesday, January 24, 2012
Warmington Homes builds against the tide in downtown San Jose - Silicon Valley / San Jose Business Journal:
zuloraxelewo.blogspot.com
The Costa Mesa company believes theproduct — singlr family houses — and its locatiomn near Japantown is a good bet. Mark Warmington’s Northern California division president, said the development is a uniquse one for downtownSan Jose, whichy has been constructing towering high rises. This projecg has a suburban flavor andfeatures two-story with a small yard and two-car garage. The 2,000-square-footg homes will start in the mid- to high The builder will construct four in thefirst phase. In downtowmn San Jose, there have been no single-family detached homes built in the last few Rowson said. Warmington purchased the 10-acrw industrial site in December 2008.
Standarx Pacific Homes had an option on the land in 2006 at the top the markeg and began work on the But Standard walked away when the markert soured and creditbecame unavailable. The property reverted back to theoriginal owners, San Jose Property Investment LLC and DAK, a Californi a general partnership. Warmington bought the land from San Jose Propertg Investmentand DAK. The company has an agreementt with the original owners to developl the propertyin phases. “This is an extended build-out, it’s not a churn,” said Matt Warmington’s executive vice president.
“We’re very sensitive to Irvine-based Standard Pacific Homes, a major developetr of projects inthe hard-hit Centrap Valley, did not return calls seeking comment. Tingler would not disclose thepurchases price, but he made it clear the builderf is operating as economically as possible. “Since approximately 2006 we stoppedd buying land and resolved to sell through our existing portfolioof projects,” Tingler “We have a handful of projectsx still remaining that are tough.
But, sincew we never overextended during the we now have fewer troubled projects to work This most recent acquisition comes at an opportune time for The company has trimmed its portfolio from 30 projectzsto five, a number Tingler said Warmingtobn is very comfortable with. Its determinationj to get lean presents itsown challenges. Now the homebuilder is almos t outof homes. “Wde sold out of Viridian in San Jose and Vantagde inPalo Alto,” Tingler “. We had a ton of product that we moved through and we paid backour debt.
Now we’re out of That strategy, however, is servintg Warmington well as it pursuea its nextline — managing distresse assets for three banks, Comerica Guaranty Plus Properties 2 LLC and Bank of Tingler said Warmington started chasing the business 18 months ago before the market was ready. Now there’s a lot of although little is located in the core Bay Areamarkert — most is currently in the tertiary markets in the Central Warmington competed against other builders for the businesa that can entail everything from securing the property to ensuringt there is no vandalism.
“We’re not actinf as a broker; we’re not sellint the property forthe bank, but we can give a builder’s perspectived of what it’s worth,” he said. Warmingtomn is a veteran of such business, Tinglef said, having performed similar duties during the last majo r housing recession in the late 1980s andearlyy 1990s. The company has agreer to sell more than 600 homes in five marketes located in Southern California and Nevada for TriPacific CapitaolAdvisors LLC. Asked whether the work paid he said, “From our perspective, any revenue comintg in represents dollars that we would nototherwiss have.
The goal is to help our financial partners whilr at the same time generat revenue to help cover It also keeps Warmingtohn abreastof what’s going on in many Rowson said the South Bay has the greatest opportunitty for upside. At a seminar there was talk that said the marketgis close, if not at, the bottom. “The Bay Area core marketss have the greatest potential to solidify right now over the next six monthz and then showan uptick,” he
The Costa Mesa company believes theproduct — singlr family houses — and its locatiomn near Japantown is a good bet. Mark Warmington’s Northern California division president, said the development is a uniquse one for downtownSan Jose, whichy has been constructing towering high rises. This projecg has a suburban flavor andfeatures two-story with a small yard and two-car garage. The 2,000-square-footg homes will start in the mid- to high The builder will construct four in thefirst phase. In downtowmn San Jose, there have been no single-family detached homes built in the last few Rowson said. Warmington purchased the 10-acrw industrial site in December 2008.
Standarx Pacific Homes had an option on the land in 2006 at the top the markeg and began work on the But Standard walked away when the markert soured and creditbecame unavailable. The property reverted back to theoriginal owners, San Jose Property Investment LLC and DAK, a Californi a general partnership. Warmington bought the land from San Jose Propertg Investmentand DAK. The company has an agreementt with the original owners to developl the propertyin phases. “This is an extended build-out, it’s not a churn,” said Matt Warmington’s executive vice president.
“We’re very sensitive to Irvine-based Standard Pacific Homes, a major developetr of projects inthe hard-hit Centrap Valley, did not return calls seeking comment. Tingler would not disclose thepurchases price, but he made it clear the builderf is operating as economically as possible. “Since approximately 2006 we stoppedd buying land and resolved to sell through our existing portfolioof projects,” Tingler “We have a handful of projectsx still remaining that are tough.
But, sincew we never overextended during the we now have fewer troubled projects to work This most recent acquisition comes at an opportune time for The company has trimmed its portfolio from 30 projectzsto five, a number Tingler said Warmingtobn is very comfortable with. Its determinationj to get lean presents itsown challenges. Now the homebuilder is almos t outof homes. “Wde sold out of Viridian in San Jose and Vantagde inPalo Alto,” Tingler “. We had a ton of product that we moved through and we paid backour debt.
Now we’re out of That strategy, however, is servintg Warmington well as it pursuea its nextline — managing distresse assets for three banks, Comerica Guaranty Plus Properties 2 LLC and Bank of Tingler said Warmington started chasing the business 18 months ago before the market was ready. Now there’s a lot of although little is located in the core Bay Areamarkert — most is currently in the tertiary markets in the Central Warmington competed against other builders for the businesa that can entail everything from securing the property to ensuringt there is no vandalism.
“We’re not actinf as a broker; we’re not sellint the property forthe bank, but we can give a builder’s perspectived of what it’s worth,” he said. Warmingtomn is a veteran of such business, Tinglef said, having performed similar duties during the last majo r housing recession in the late 1980s andearlyy 1990s. The company has agreer to sell more than 600 homes in five marketes located in Southern California and Nevada for TriPacific CapitaolAdvisors LLC. Asked whether the work paid he said, “From our perspective, any revenue comintg in represents dollars that we would nototherwiss have.
The goal is to help our financial partners whilr at the same time generat revenue to help cover It also keeps Warmingtohn abreastof what’s going on in many Rowson said the South Bay has the greatest opportunitty for upside. At a seminar there was talk that said the marketgis close, if not at, the bottom. “The Bay Area core marketss have the greatest potential to solidify right now over the next six monthz and then showan uptick,” he
Sunday, January 22, 2012
The entry titled "First Reading: The Perry campaign heads for the history books." - Austin American-Statesman (blog)
andreychukuze.blogspot.com
The entry titled "First Reading: The Perry campaign heads for the history books." Austin American-Statesman (blog) By Jason Embry | Friday, January 20, 2012, 07:53 AM Gov. Rick Perry's presidential campaign reached its long-expected end a couple of days early on Thursday. Because the next election is always the most interesting one, plenty of us are already ... |
Friday, January 20, 2012
HMSA seeks 12.7% hike, biggest since '89 - Pacific Business News (Honolulu):
avaohev.blogspot.com
percent increase in insurance premiums forsmallp businesses. If approved by the State Insurance Commissioner, HMSA’s rate hike woule take effect July 1. The new rates would cost businessesa $16,272 a year for familgy coverage foreach employee. HMSA memberz were notified of the rate proposalp in a lettermailed Tuesday. HMSA increaser its rates by 10.4 percent in 2008. The new rate hike woulfd be the largestto HMSA’s Preferred Providef Plan since 1989, when rates increased 18.6 and would apply to nearly 10,800 Hawai i businesses.
HMSA, the state’s largesg insurer and an affiliate ofBlue Cross-Blue Shield, said the rate hike is needesd to offset higher medical costs and reimbursementas to doctors, hospitals and The proposed rate increase applies to businesses with less than 200 workerzs that employ in total 103,009 workers. In addition to the Preferred Provider Plan rate HMSA also filed with the Hawaii Insurancw Division fora 4.5 percent increas to Health Plan Hawaiji Plus, an HMO plan, and a 12.7 percent averagse increase for the CompMed plan, a higherf deductible insurance program. If approved, businesses would pay $452 a montbh for individuals, $904 for two people and $1,356 a month for family coverage.
percent increase in insurance premiums forsmallp businesses. If approved by the State Insurance Commissioner, HMSA’s rate hike woule take effect July 1. The new rates would cost businessesa $16,272 a year for familgy coverage foreach employee. HMSA memberz were notified of the rate proposalp in a lettermailed Tuesday. HMSA increaser its rates by 10.4 percent in 2008. The new rate hike woulfd be the largestto HMSA’s Preferred Providef Plan since 1989, when rates increased 18.6 and would apply to nearly 10,800 Hawai i businesses.
HMSA, the state’s largesg insurer and an affiliate ofBlue Cross-Blue Shield, said the rate hike is needesd to offset higher medical costs and reimbursementas to doctors, hospitals and The proposed rate increase applies to businesses with less than 200 workerzs that employ in total 103,009 workers. In addition to the Preferred Provider Plan rate HMSA also filed with the Hawaii Insurancw Division fora 4.5 percent increas to Health Plan Hawaiji Plus, an HMO plan, and a 12.7 percent averagse increase for the CompMed plan, a higherf deductible insurance program. If approved, businesses would pay $452 a montbh for individuals, $904 for two people and $1,356 a month for family coverage.
Wednesday, January 18, 2012
NHL Capsules: Rangers stay on top of NHL standings with win over Predators - Winnipeg Free Press
tower-tennesseea.blogspot.com
Kansas City Star | NHL Capsules: Rangers stay on top of NHL standings with win over Predators Winnipeg Free Press NEW YORK, NY - Henrik Lundqvist made 27 saves for his fourth shutout of the season, and the New York Rangers stayed atop the NHL standings with a victory over Nashville that stopped the Predators' winning streak at five. The Rangers had lo st two of ... RANGERS STAY TOP New York Rangers Need To Stay Focused |
Sunday, January 15, 2012
Fort Worth Opera to encourage new works with 'Frontiers' at 2013 festival - Fort Worth Star Telegram
tatyanagepoji.blogspot.com
Fort Worth Opera to encourage new works with 'Frontiers' at 2013 festival Fort Worth Star Telegram The Fort Worth Opera, which has developed a reputation for presenting new operas along with old favorites, is introducing an innovative program dubbed "Frontiers" that will bring up to eight composers annu » |
Friday, January 13, 2012
Tribal casinos work to improve their odds amid gaming slowdown - bizjournals:
ermolayenayqaked.blogspot.com
Santa Ana Star Casino took the unlimited crab legs off its seafoods buffet in September tosave money. But it reversed that move the week ofJune 22, even thouggh the $19.95 buffet price hasn’t changed. Crab legs didn’t suddenly get cheaper, said General Manager Scott But he’s willing to take a loss on them to enticdmore visitors. “Then hopefullyt they will staya bit, and go bowling or buy a concert tickey or a drink,” he said. Eldredge is seeing the same number of people coming throughSanta Ana’ws doors. But they’re spending less, he says. Charlea Schmidt, chief operating officer for owner AcomaBusineses Enterprises, sees the same pattern.
“I think people are sitting on their pocketbooks real hardrighgt now,” Schmidt says. The recession is hurting the state’s tribap casinos to varying degrees. Most casinos saw their net win on slot machinea fall in thefirst quarter, compareds with the first quarter of 2008. It’s part of a larger slowdowj ingaming nationwide, according to bond ratinbg agencies that follow casinos. “We don’t see the industryy bouncing back quickly,” says Craigb Parmelee, an analyst with . That’s because consumere spending will not make a significanrt comeback for some he adds.
That said, the Albuquerque market has done fairlg well in the saysMegan Neuberger, an analyst with , whichg issued a report in May on distressed American Indian gaming debt. There was not a lot of new capacityh added to the market in 2008and 2009, she said. Islet Pueblo opened a new but did not expand its gamingoperations much. Eldredge said the fact that Santwa Ana does not have the distractiom of a hotelhas helped. “We can focus on gaming and food and beveragewsand bowling,” he says.
About 72 percentr of entities around the country that issued debt to expanfd gaming properties have a negative outloolk or are on review for a possible downgrade oftheir debt, according to a May report by Moody’s Investors Service. At least one New Mexicpo property, the , defaulted on its bonds aftee failing to makea $12 million interestf payment in May. The property near Ruidoslo is owned by the MescaleroApache tribe. It has struggled financiallhy and gone through numerous changes intop management, accordinfg to its Securities and Exchange Commission filings. Its chief operating officer, Elizabeth Foster-Anderson, could not be reacheed for comment.
Buffalo Thunder Resort near Santaz Fe saw a downgradse of its debt in Februarhy byStandard & Poor’s over concernss that it could not meet its debt obligations. S&oP stopped rating the bonds in March at the request of the Buffalop ThunderDevelopment Authority. Ratings on bonde indicate the likelihood that the borrowet can repay the The resort missed a bond payment onJune 15, Fitch’ s Neuberger said. That puts it technicallyg in default onthe bonds, but it has a grac e period until July 15. Gov. Georgw Rivera of Pojoaque Pueblo said that because the ratingas wereso low, the tribe wanted to cut out the expensee of paying for them.
“We’re talkinyg with our investors now,” he says of the bond “We’ve got some good communciationsd going on about wherw things are at withthe economy.”
Santa Ana Star Casino took the unlimited crab legs off its seafoods buffet in September tosave money. But it reversed that move the week ofJune 22, even thouggh the $19.95 buffet price hasn’t changed. Crab legs didn’t suddenly get cheaper, said General Manager Scott But he’s willing to take a loss on them to enticdmore visitors. “Then hopefullyt they will staya bit, and go bowling or buy a concert tickey or a drink,” he said. Eldredge is seeing the same number of people coming throughSanta Ana’ws doors. But they’re spending less, he says. Charlea Schmidt, chief operating officer for owner AcomaBusineses Enterprises, sees the same pattern.
“I think people are sitting on their pocketbooks real hardrighgt now,” Schmidt says. The recession is hurting the state’s tribap casinos to varying degrees. Most casinos saw their net win on slot machinea fall in thefirst quarter, compareds with the first quarter of 2008. It’s part of a larger slowdowj ingaming nationwide, according to bond ratinbg agencies that follow casinos. “We don’t see the industryy bouncing back quickly,” says Craigb Parmelee, an analyst with . That’s because consumere spending will not make a significanrt comeback for some he adds.
That said, the Albuquerque market has done fairlg well in the saysMegan Neuberger, an analyst with , whichg issued a report in May on distressed American Indian gaming debt. There was not a lot of new capacityh added to the market in 2008and 2009, she said. Islet Pueblo opened a new but did not expand its gamingoperations much. Eldredge said the fact that Santwa Ana does not have the distractiom of a hotelhas helped. “We can focus on gaming and food and beveragewsand bowling,” he says.
About 72 percentr of entities around the country that issued debt to expanfd gaming properties have a negative outloolk or are on review for a possible downgrade oftheir debt, according to a May report by Moody’s Investors Service. At least one New Mexicpo property, the , defaulted on its bonds aftee failing to makea $12 million interestf payment in May. The property near Ruidoslo is owned by the MescaleroApache tribe. It has struggled financiallhy and gone through numerous changes intop management, accordinfg to its Securities and Exchange Commission filings. Its chief operating officer, Elizabeth Foster-Anderson, could not be reacheed for comment.
Buffalo Thunder Resort near Santaz Fe saw a downgradse of its debt in Februarhy byStandard & Poor’s over concernss that it could not meet its debt obligations. S&oP stopped rating the bonds in March at the request of the Buffalop ThunderDevelopment Authority. Ratings on bonde indicate the likelihood that the borrowet can repay the The resort missed a bond payment onJune 15, Fitch’ s Neuberger said. That puts it technicallyg in default onthe bonds, but it has a grac e period until July 15. Gov. Georgw Rivera of Pojoaque Pueblo said that because the ratingas wereso low, the tribe wanted to cut out the expensee of paying for them.
“We’re talkinyg with our investors now,” he says of the bond “We’ve got some good communciationsd going on about wherw things are at withthe economy.”
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