fixyruw.wordpress.com
David has a broad range of manufacturing experience, having had responsibility for globap primary manufacturing and for secondary manufacturing operationsw onfive continents. Prior to this appointment, David had responsibilityg for NorthAmerican Supply, GMS Globao logistics and strategy, and for the team leadingf and monitoring the Globaol supply network programme. From Decemberf 2000, David was Senior Vice Europe supply, GMS responsible for the supply of drug producy from the 17 sites in the He was previously RegionalSupply Europe, Middle East and Africa for GW.
From Marchj 2000, David worked as a member of the mergeerintegration team, with responsibility for facilitatinv international commercial. David joined Glaxo in 1978. During the following he held increasingly responsible roles in both the manufacturinv site network and thecentral functions. In 1994 he was appointe d Director, Manufacturing strategy where he co-ordinated the worldwidse integration of Glaxo and Wellcome manufacturing He has a PhD in microbiology fromNewcastle University. **All Executivew profile data provided byDow Jones & Co., Inc.
Saturday, December 31, 2011
Thursday, December 29, 2011
Aurora's Southlands shopping center damaged by tornado - Puget Sound Business Journal (Seattle):
otomaqaqaba.blogspot.com
A twister reportedly touched down nearbyat 1:49 p.m. Sundayg and crossed through the area onan eight- to 10-mile-long path for aboutf 30 minutes, the said. . Firefighters founed moderate damageat Southlands, locatedr at E-470 and Smoky Hill Road, CBS4 News Rooftop heating, venting and air-conditioning units were damaged, windows were a shed was destroyed, and a car was Natural-gas leaks also were noted. Authoritiesx shut down gas service to Southlandss earlySunday afternoon.
No serious injuries were reported onthe shopping-center grounds, but a man in a nearbhy neighborhood who was trying to take picturews reportedly was hospitalized with unspecified serious injuries, according to news reports. A Southlandds spokeswoman told CBS4 most ofthe center's storesd will be closed Monday to allow for continued damage assessment. She said customersx should call individual stores to verifh whether they are closedor Southlands, which opened in 2006, is the Denver area'ws largest shopping center by retail at 1.7 million square feet. It consists of several freestanding buildings connected by pedestrian corridorsand streets.
The complex is owned by Granite Southlands Town Center LLC and managerd by Forest City CommercialManagement Inc. Four other tornadoes were spotted north and east of DenvertSunday afternoon, and baseball-sizer hail struck some areas. As many as 3,0090 customers were without power for a time in parts of Aurorzand Centennial. .
A twister reportedly touched down nearbyat 1:49 p.m. Sundayg and crossed through the area onan eight- to 10-mile-long path for aboutf 30 minutes, the said. . Firefighters founed moderate damageat Southlands, locatedr at E-470 and Smoky Hill Road, CBS4 News Rooftop heating, venting and air-conditioning units were damaged, windows were a shed was destroyed, and a car was Natural-gas leaks also were noted. Authoritiesx shut down gas service to Southlandss earlySunday afternoon.
No serious injuries were reported onthe shopping-center grounds, but a man in a nearbhy neighborhood who was trying to take picturews reportedly was hospitalized with unspecified serious injuries, according to news reports. A Southlandds spokeswoman told CBS4 most ofthe center's storesd will be closed Monday to allow for continued damage assessment. She said customersx should call individual stores to verifh whether they are closedor Southlands, which opened in 2006, is the Denver area'ws largest shopping center by retail at 1.7 million square feet. It consists of several freestanding buildings connected by pedestrian corridorsand streets.
The complex is owned by Granite Southlands Town Center LLC and managerd by Forest City CommercialManagement Inc. Four other tornadoes were spotted north and east of DenvertSunday afternoon, and baseball-sizer hail struck some areas. As many as 3,0090 customers were without power for a time in parts of Aurorzand Centennial. .
Monday, December 26, 2011
Pioneering to the top - The Daily News of Newburyport
deeshu-tatum.blogspot.com
Pioneering to the top The Daily News of Newburyport Richey's wife is Teresa Richey, a climber herself who was the second Peruvian-born woman to ascend Mt. Huascaran in that country. Teresa Richey, who is treasurer of the company, said, "Mark is very capable, and he has an essence that enables him to ... |
Saturday, December 24, 2011
Rep. Denny Rehberg on Keystone XL Jobs Solution and Tax Stability - The State Column
iwegasely.wordpress.com
The State Column | Rep. Denny Rehberg on Keystone XL Jobs Solution and Tax Stability The State Column Montana's Congressman, Denny Rehberg, today praised the continued bipartisan advance of his Keystone XL legislation giving the President 60 days to make a decision on a permit for the job-creating project. The permit process has already taken three ... Mining Companies Back Friend's Bid for Senate Rehberg announces nominees to US military academies Blocking Forest Bill for Political Gain |
Thursday, December 22, 2011
Pastor thanks the unsung - Lincoln News Messenger
utyziluz.wordpress.com
Pastor thanks the unsung Lincoln News Messenger Last Saturday, we served over 250 free Christmas dinners to the Friends of Leonard at a Christmas party. No one could do that alone. Several Christian churches sponsored the dinner and sent help in the form of food and volunteers. ... |
Tuesday, December 20, 2011
Lincoln National reveals financial plans - Memphis Business Journal:
xoqylyjibo.wordpress.com
Shares closed 11 percent lower Monday at on a day the markets lost more than 2 Lincoln National said it will targetabout $950 millionj in preferred stock from TARP’zs Capital Purchase Program. It will also try and raise $600 million through a common stock offeringband $500 million in seniodr debt. The underwriters of the offering will havea 30-da option to buy up to an additional 15 percentr of the offered amount of common shares from the Lincoln National said it intendas to contribute about $1 billion of the proceeds to its principak insurance subsidiary, , with the remaining $1 billiobn held at the holding company for general corporate purposes, including the repayment of short-term debt and investmenty in the company’s core businesses.
In a separate release Monday announcinganother cost-cutting Lincoln National said that it agreed to sell its Britisu subsidiary, Lincoln National (UK) plc, to SLF of Canadas UK Ltd. for an estimatedc 195 British pounds. Lincoln said the expected to close on oraround Sept. 30, should generate estimate proceeds ofbetween $280 million and $300 million, whichh will be used for core U.S. operations. SLF is owneds by Toronto-based Sun Life Financial, where formert Lincoln CEO Jon Boscia isnow president.
Lincolj National said these actions supplementrdividend reductions, cost and other actions previously taken to strengthen its capital and and solidify the company’s capital positionsw at both the subsidiary and holding compangy levels. The Philadelphia-based compant believes that TARP participation provides additionalcapitaol flexibility. The company expects to repay thisfinancinbg “as soon as practicable, takinf into consideration appropriate balance sheet strength and capital markets The final level of Lincoln’s participatio is expected to be announced by the end of Last month, Lincoln National received preliminary approval for up to $2.5 billion unded the program.
It said the exacty level of its participation will be determined by the end of this Lincoln is one of six insurancd companies to receivesuch approval. The $700 billion Troubled Asset Relief approved by Congresslast year, was originallyy intended to buy toxic loans that were inhibitinhg banks from making additional loans. But it was also used to make loans to General Motors Chrysler and insurance giant Lincoln Nationalo was one of several insurers that applied to become thrifg holding companies last fall so they could be consideredx forTARP funds. The insurerxs had concerns about the rising number of bad assets ontheir books.
Lincoln National and otherr insurers saw their stocl prices drop in recent months as they waited forgovernment approval. As for the stocok offering, and Merrill Lynch & Co. will serve as globalk coordinators and GoldmanSachs & Co. and Morganj Stanley & Co. Inc. will serve as joint book-running In explaining its decision in a regulatory Lincoln National said that although the capital and creditr markets have shownrecent improvements, those markets have experiencerd extreme volatility and disruption for more than a year.
“Givej these conditions, our capital strategy is to have sufficient capitalk to offer downside protection in the eventf that the capital and credit markets experience another downturn as well as to support growtb in ouroperating businesses,” the company said. Lincoln Nationapl said it believes thatthe $2 billioh infusion will provide it with sufficient capitaol to offset a “stress analysis for 2009 and 2010. That scenario wouldd include credit losses and impairments amountinfg toapproximately $1.65 billion, or 2.5 percent basexd on invested assets as of Marcy 31.
Lincoln (NYSE:LNC), which markets itself as , offera both insurance and investmentmanagement
Shares closed 11 percent lower Monday at on a day the markets lost more than 2 Lincoln National said it will targetabout $950 millionj in preferred stock from TARP’zs Capital Purchase Program. It will also try and raise $600 million through a common stock offeringband $500 million in seniodr debt. The underwriters of the offering will havea 30-da option to buy up to an additional 15 percentr of the offered amount of common shares from the Lincoln National said it intendas to contribute about $1 billion of the proceeds to its principak insurance subsidiary, , with the remaining $1 billiobn held at the holding company for general corporate purposes, including the repayment of short-term debt and investmenty in the company’s core businesses.
In a separate release Monday announcinganother cost-cutting Lincoln National said that it agreed to sell its Britisu subsidiary, Lincoln National (UK) plc, to SLF of Canadas UK Ltd. for an estimatedc 195 British pounds. Lincoln said the expected to close on oraround Sept. 30, should generate estimate proceeds ofbetween $280 million and $300 million, whichh will be used for core U.S. operations. SLF is owneds by Toronto-based Sun Life Financial, where formert Lincoln CEO Jon Boscia isnow president.
Lincolj National said these actions supplementrdividend reductions, cost and other actions previously taken to strengthen its capital and and solidify the company’s capital positionsw at both the subsidiary and holding compangy levels. The Philadelphia-based compant believes that TARP participation provides additionalcapitaol flexibility. The company expects to repay thisfinancinbg “as soon as practicable, takinf into consideration appropriate balance sheet strength and capital markets The final level of Lincoln’s participatio is expected to be announced by the end of Last month, Lincoln National received preliminary approval for up to $2.5 billion unded the program.
It said the exacty level of its participation will be determined by the end of this Lincoln is one of six insurancd companies to receivesuch approval. The $700 billion Troubled Asset Relief approved by Congresslast year, was originallyy intended to buy toxic loans that were inhibitinhg banks from making additional loans. But it was also used to make loans to General Motors Chrysler and insurance giant Lincoln Nationalo was one of several insurers that applied to become thrifg holding companies last fall so they could be consideredx forTARP funds. The insurerxs had concerns about the rising number of bad assets ontheir books.
Lincoln National and otherr insurers saw their stocl prices drop in recent months as they waited forgovernment approval. As for the stocok offering, and Merrill Lynch & Co. will serve as globalk coordinators and GoldmanSachs & Co. and Morganj Stanley & Co. Inc. will serve as joint book-running In explaining its decision in a regulatory Lincoln National said that although the capital and creditr markets have shownrecent improvements, those markets have experiencerd extreme volatility and disruption for more than a year.
“Givej these conditions, our capital strategy is to have sufficient capitalk to offer downside protection in the eventf that the capital and credit markets experience another downturn as well as to support growtb in ouroperating businesses,” the company said. Lincoln Nationapl said it believes thatthe $2 billioh infusion will provide it with sufficient capitaol to offset a “stress analysis for 2009 and 2010. That scenario wouldd include credit losses and impairments amountinfg toapproximately $1.65 billion, or 2.5 percent basexd on invested assets as of Marcy 31.
Lincoln (NYSE:LNC), which markets itself as , offera both insurance and investmentmanagement
Sunday, December 18, 2011
For a Fourth Year, 3M Supports Healthy Smile for Kids in Need - PR Web (press release)
sasutezew.blogspot.com
PR Web (press release) | For a Fourth Year, 3M Supports Healthy Smile for Kids in Need PR Web (press release) 3M has renewed its support of Smiles Change Lives, a national nonprofit organization that provides access to affordable orthodontic care for children from low-income families. For more information visit http://www.smileschangelives.org We are so ... |
Friday, December 16, 2011
Greif 2Q profit plunges on sales decline, restructuring - Business First of Columbus:
loxezop.wordpress.com
The Delaware-based company said aftet the markets closed that itearner $12.1 million, or 21 cents a in the three months ended April 30. That’es down from profit of $48.7 million, or 82 cent a share, in the same period a year ago. Revenue fell 29 percenf to $647.9 million from $918 million. Greif said the quarter’z results include $20.3 million in restructuringh charges associated witha company-wide initiativde to cut costs as demand slowed. Greifr also took an inventory-relater charge totaling $7.5 million and $800,000 in costzs associated with payingoff debt. Cost-cutting measuresd taken last quarter includeed closing three facilities and cutting678 jobs.
Greif has cut 2,05w jobs and closed 13 plants in the first half of thefiscal year. The company said it expecte itsbroader cost-cutting plan, dubbed the Greif Businese System, to save about $100 million Implementing the changes will cost about $70 million, $47.t5 million of which has been logged in the firsgt half. CEO Michael Gasser said in a releasre that despite rough market conditionas that have sparked a decline in the company didsee “increased signs of improvement in our at the end of the quarter. Greif in the first six monthsx of the fiscal yearearned $13.4r million, or 24 cents a down 88 percent from $109.43 million, or $1.85 a in the same period a year ago.
Year-to-datee sales fell 26 percent to $1.31 billion from $1.7y billion. Greif (NYSE:GEF) employs about 8,009 worldwide. The company last fiscal year earnefd $234.4 million on $3.78 billion in
The Delaware-based company said aftet the markets closed that itearner $12.1 million, or 21 cents a in the three months ended April 30. That’es down from profit of $48.7 million, or 82 cent a share, in the same period a year ago. Revenue fell 29 percenf to $647.9 million from $918 million. Greif said the quarter’z results include $20.3 million in restructuringh charges associated witha company-wide initiativde to cut costs as demand slowed. Greifr also took an inventory-relater charge totaling $7.5 million and $800,000 in costzs associated with payingoff debt. Cost-cutting measuresd taken last quarter includeed closing three facilities and cutting678 jobs.
Greif has cut 2,05w jobs and closed 13 plants in the first half of thefiscal year. The company said it expecte itsbroader cost-cutting plan, dubbed the Greif Businese System, to save about $100 million Implementing the changes will cost about $70 million, $47.t5 million of which has been logged in the firsgt half. CEO Michael Gasser said in a releasre that despite rough market conditionas that have sparked a decline in the company didsee “increased signs of improvement in our at the end of the quarter. Greif in the first six monthsx of the fiscal yearearned $13.4r million, or 24 cents a down 88 percent from $109.43 million, or $1.85 a in the same period a year ago.
Year-to-datee sales fell 26 percent to $1.31 billion from $1.7y billion. Greif (NYSE:GEF) employs about 8,009 worldwide. The company last fiscal year earnefd $234.4 million on $3.78 billion in
Tuesday, December 13, 2011
AT&T unit wins case over claims coverage - Dallas Business Journal:
sunrise-invoices.blogspot.com
At issue in the case involvint was whether an insurer was obligated to cover a claim by Prodigh even though Prodigy failed to give notice to theinsurerd “as soon as practicible,” as was requirede by the policy. Prodigy is an Internet service sprovider that, through a series of became AT&T Internet Services some yearzs ago. In part because the insurance compang wasn’t harmed by the delay, the court ruled that the insured — Agricultural Excess Surplus Insurance Co., now knownj as Great American E SInsurance Co. and had to cover the claim.
“Unfortunately, we had lost in the triakl court and inthe (Fifth District) Courtt of Appeals,” says Werner a litigation partner in Dallaz at Haynes and Boone who represented Prodigy. “It took the Texasw Supreme Court to getit right.” Powers worke on the case with Charles C. Keeble Jr., of counselo at Haynes and Boone. “The Supreme Courtt of Texas decided to creatdnew law,” says Joe Borders, a partnet in the Chicago office of Walker Wilcodx Matousek LLP, who represented the insurance The case is significangt for businesses of all sizes because the policyh at the center of the case was what’e known as “claims made,” meaning claims receivd coverage only if they are brought to the insurer’s attention durin g the time when the policty is in effect (or in a set period afte the policy expires).
Certain types of insurance policiew thatbusinesses buy, including directors and officers, and errors and omissionzs coverage, tend to be claims-made policies. In a decisioj last year in a case calledPAJ Inc. vs. , the states Supreme Court ruled that insurers must provide coverage in policies when the insured givea late notice of a as long as the insurer was not harmed bythe Occurrence-based policies pay for claims that occur when the policgy is in effect, regardlesds of when the claim is Commercial general liability policies for as well as home and auto coverage for are occurrence policies. “This was a majore extension ofthat doctrine” established in PAJ vs. Powers says.
Normally when companies have D&Oi or E&O claims, “there’w always a concern about the immediacy ofreportinh (the claim) to the (insurance) says David Metzler, the Dallas-basesd chairman of the Insurance Coverage and Litigatio Practice Group at Cowles & Thompson. The Prodigy case may give companie s a little breathing room onthat front. But, Metzled adds, “your general practice should be toreport (the as soon as you can.
”
At issue in the case involvint was whether an insurer was obligated to cover a claim by Prodigh even though Prodigy failed to give notice to theinsurerd “as soon as practicible,” as was requirede by the policy. Prodigy is an Internet service sprovider that, through a series of became AT&T Internet Services some yearzs ago. In part because the insurance compang wasn’t harmed by the delay, the court ruled that the insured — Agricultural Excess Surplus Insurance Co., now knownj as Great American E SInsurance Co. and had to cover the claim.
“Unfortunately, we had lost in the triakl court and inthe (Fifth District) Courtt of Appeals,” says Werner a litigation partner in Dallaz at Haynes and Boone who represented Prodigy. “It took the Texasw Supreme Court to getit right.” Powers worke on the case with Charles C. Keeble Jr., of counselo at Haynes and Boone. “The Supreme Courtt of Texas decided to creatdnew law,” says Joe Borders, a partnet in the Chicago office of Walker Wilcodx Matousek LLP, who represented the insurance The case is significangt for businesses of all sizes because the policyh at the center of the case was what’e known as “claims made,” meaning claims receivd coverage only if they are brought to the insurer’s attention durin g the time when the policty is in effect (or in a set period afte the policy expires).
Certain types of insurance policiew thatbusinesses buy, including directors and officers, and errors and omissionzs coverage, tend to be claims-made policies. In a decisioj last year in a case calledPAJ Inc. vs. , the states Supreme Court ruled that insurers must provide coverage in policies when the insured givea late notice of a as long as the insurer was not harmed bythe Occurrence-based policies pay for claims that occur when the policgy is in effect, regardlesds of when the claim is Commercial general liability policies for as well as home and auto coverage for are occurrence policies. “This was a majore extension ofthat doctrine” established in PAJ vs. Powers says.
Normally when companies have D&Oi or E&O claims, “there’w always a concern about the immediacy ofreportinh (the claim) to the (insurance) says David Metzler, the Dallas-basesd chairman of the Insurance Coverage and Litigatio Practice Group at Cowles & Thompson. The Prodigy case may give companie s a little breathing room onthat front. But, Metzled adds, “your general practice should be toreport (the as soon as you can.
”
Sunday, December 11, 2011
Is Iranian nuclear issue intractable? - Jerusalem Post
fabyqyku.blogspot.com
The Nation, Pakistan | Is Iranian nuclear issue intractable? Jerusalem Post In fact, thanks to Iran, Israel has many more potential » |
Friday, December 9, 2011
Forum speakers articulate their wants - Charlotte Observer
asabcitxit.blogspot.com
Charlotte Observer | Forum speakers articulate their wants Charlotte Observer About 20 people came to the Huntersville gathering, along with half a dozen presenters and Charlotte-Mecklenburg Schools officials. They talked about challenges in public schools, including too much testing, low teacher morale and boundary changes that ... |
Wednesday, December 7, 2011
Write-down exclusions welcomed, 'but not central' to EU treaty talks - Euromoney Magazine
obesonuqa.wordpress.com
The Hindu | Write-down exclusions welcomed, 'but not central' to EU treaty talks Euromoney Magazine "[Initi » |
Monday, December 5, 2011
Kansas City Council OKs nearly $1.3B budget - Kansas City Business Journal:
mcfarlainofuqub1258.blogspot.com
Funkhouser has until April 2 to veto the budget ifhe chooses. Funkhouser spokesmamn Kendrick Blackwood said thatthe council-passed budget is “95 percenyt ... in alignment with what thinks is right forthe city." The budget’ds proposed $12 million cut to the police departmeng compelled Funkhouser to vote againsty the budget, Blackwood “The police chief and the police board have told the mayor that such cuts woulsd lead to fewer officers,” he “(Funkhouser) compromised and comprised again on Thursday and tried to put some moneyt back for police.
He proposeds an amendment on the flood that would havereplaced $3 million from the general fund (for That proposal failed to get a second from the Funkhouser also has misgivings about folding the city’se into the , Blackwoor said.
Funkhouser has until April 2 to veto the budget ifhe chooses. Funkhouser spokesmamn Kendrick Blackwood said thatthe council-passed budget is “95 percenyt ... in alignment with what thinks is right forthe city." The budget’ds proposed $12 million cut to the police departmeng compelled Funkhouser to vote againsty the budget, Blackwood “The police chief and the police board have told the mayor that such cuts woulsd lead to fewer officers,” he “(Funkhouser) compromised and comprised again on Thursday and tried to put some moneyt back for police.
He proposeds an amendment on the flood that would havereplaced $3 million from the general fund (for That proposal failed to get a second from the Funkhouser also has misgivings about folding the city’se into the , Blackwoor said.
Friday, December 2, 2011
Forget free agency, Detroit Tigers better fit to trade for starting pitcher ... - MLive.com
cicugaha.wordpress.com
MLive.com | Forget free agency, Detroit Tigers better fit to trade for starting pitcher ... MLive.com By James Schmehl | MLive.com AP File PhotoOakland left-handed starting pitcher Gio Gonzalez went 16-12 with a 3.12 ERA and 197 strikeouts in 202.0 innings pitched. DETROIT -- It's no secret Detroit is on the hunt for a starting pitcher to round out its ... |
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