esivyjifag.wordpress.com
Four new state bills will go into effect July 1 that will impac the real estate development industry exempting densely populated communitiezs fromcertain processes, expediting some permittingt processes, diminishing the standard of proot and shifting the burden of proof off the Another bill was approved durinyg the 2009 legislative session, but must be put on a ballog for final approval. Bob Rhodes, an attorney at , said the statde Legislature has deferred strategic money matteres to take a tactical stance on stimulatinh the economy by helping the commercial realestate industry.
“The statew Legislature is trying to give the buildinbg community encouragement tocontinue building,” Rhodes It is “trying to prime the economif pump for the building community.”
Sunday, June 3, 2012
Saturday, June 2, 2012
ABORYM to record new album in October - The Gauntlet
ofycagvezi.blogspot.com
The Gauntlet | ABORYM to record new album in October The Gauntlet Furthermore, a big fan-wall poster is under construction, with hundreds of photos from the fans. You'll find all the infos and restrictions on sending audio and visual material inside the fan area section on www.aborym.it Aborym. |
Thursday, May 31, 2012
Reality TV family won't face bigamy charges in Utah: prosecutors - Reuters
ihituvofy.wordpress.com
New York Daily News | Reality TV family won't face bigamy charges in Utah: prosecutors Reuters By Jennifer Dobner | SALT LAKE CITY (Reuters) - A polygamous family made famous on reality TV show "Sister Wives" will not face Utah criminal charges of bigamy, state prosecutors said on Thursday, as they sought to have a federal judge dismiss a ... No charges to be filed in Utah 'Sister Wives' case Utah County won't prosecute Sister Wives for bigamy 'Sister Wives' case closed |
Wednesday, May 30, 2012
Optimal Payments announces new partnership with Lotus F1 Team - Sacramento Bee
ra-iwinyro.blogspot.com
Optimal Payments announces new partnership with Lotus F1 Team Sacramento Bee By Optimal Payments Inc. LONDON, May 28, 2012 -- /CNW Telbec/ - Optimal Payments, the online payments company, is pleased to announce a new partnership with Lotus F1 Team. Optimal Payments is the provider of the NETBANX gateway, NETELLER eW » |
Monday, May 28, 2012
Rosetta Inpharmatics, Inc. Company Profile | Company Information
afukakuja.wordpress.com
Rosetta Inpharmatics LLC, a wholly owned subsidiarg of Merck & Co. Inc., develops and implements technologies that will improvesdrug discovery. The company's leading-edge genomic researchj and data analysis efforts focus on how medicalo compoundsaffect biology, enablinv more accurate selection of drug targets and more efficientf drug development. Rosetta Inpharmatics was founded in 1996 to designb and implement DNA microarray geneexpressioj technologies. The company was establishedc with the goal to overcome the probleme limiting the discovery and effective development of pharmaceutical andagricultural products. The founders Stephen H. Friend, M.D., Ph.D., the company's Leland Hartwell, Ph.
D., and Leroy Hood, M.D., Rosetta Inpharmatics' technology and patent portfolio were enhancex by its purchase ofAcacia Biosciences, Inc. in February 1999, a companyy founded by Jasper Rine, Ph.D. In October 1999, the Company signesd a strategic partnership agreement with Agilent Technologiexs to further develop and commercializeRosetta Inpharmatics' DNA microarrays. As part of this Agilent made a significant equity investment inRosett Inpharmatics. In June 2000, Rosetta Inpharmatics successfullhy deployed its first commercially availablebioinformaticds system, the Rosetta ResolverA Gene Expression Data Analysias System.
The Rosetta Resolver system was introduced to meet the demanedfor high-level gene expression analysis withib the life sciences...
Rosetta Inpharmatics LLC, a wholly owned subsidiarg of Merck & Co. Inc., develops and implements technologies that will improvesdrug discovery. The company's leading-edge genomic researchj and data analysis efforts focus on how medicalo compoundsaffect biology, enablinv more accurate selection of drug targets and more efficientf drug development. Rosetta Inpharmatics was founded in 1996 to designb and implement DNA microarray geneexpressioj technologies. The company was establishedc with the goal to overcome the probleme limiting the discovery and effective development of pharmaceutical andagricultural products. The founders Stephen H. Friend, M.D., Ph.D., the company's Leland Hartwell, Ph.
D., and Leroy Hood, M.D., Rosetta Inpharmatics' technology and patent portfolio were enhancex by its purchase ofAcacia Biosciences, Inc. in February 1999, a companyy founded by Jasper Rine, Ph.D. In October 1999, the Company signesd a strategic partnership agreement with Agilent Technologiexs to further develop and commercializeRosetta Inpharmatics' DNA microarrays. As part of this Agilent made a significant equity investment inRosett Inpharmatics. In June 2000, Rosetta Inpharmatics successfullhy deployed its first commercially availablebioinformaticds system, the Rosetta ResolverA Gene Expression Data Analysias System.
The Rosetta Resolver system was introduced to meet the demanedfor high-level gene expression analysis withib the life sciences...
Sunday, May 27, 2012
Ex-slaves from Thailand put fish on plates worldwide - Alaska Dispatch
xotavaloso.blogspot.com
Ex-slaves from Thailand put fish on plates worldwide Alaska Dispatch It is home to three generations of runaway slaves. The man of the house, Sokha, recently returned after nearly two years in captivity. His home is just as he left it: barren with a few dirty pillows passing for furniture. Slivers of daylight glow ... |
Friday, May 25, 2012
Infonetics Research: Tighter Spending in China and Europe Squeezes Broadband ... - MarketWatch (press release)
vypybiza.wordpress.com
Infonetics Research: Tighter Spending in China and Europe Squeezes Broadband ... MarketWatch (press release) "In addition to seeing a first-quarter lull as we often do in the worldwide broadband aggregation market, there was a big 43% drop in Ethernet PON spending in China that drove spending in Asia down a full third this quarter, despite healthy increases ... Global spending for broadband aggregation market declines 22% in Q1 FY12 ... DSL, PON, FTTH equipment spending drops 22% to USD 1.8 bln |
Thursday, May 24, 2012
Colorado Hispanic business leaders to lobby Bennet, others on union bill - Austin Business Journal:
houghtalingbaemo1268.blogspot.com
The delegation includes members of the Hispanic Contractors ofColorado (HCC) and the Denver Hispanic Chamber of The group will be in Washington on Tuesdag and Wednesday, joining small-business leaders from other The Colorado business leadere want to tell D-Colo., and other lawmakers “why this bill would really hurt them as they try to emergew from a tough economy,” said HCC spokesman Sean Duffy said the grouop arranged to meet with Benneft because he has not yet declared how he will vote on the labotr bill.
“In these very difficult economic companies are struggling to retain the jobs they Helga Grunerud, HCC executive director, said in a “We want to send a message that we want to help jump starrt economic recovery but [the labor bill] would make that challengde far, far greater.” The Employee Free Choice Act, also knowhn as the “card check” bill, would allow workers to organize a union without a secret election, as now Instead, a local coulde be launched at a workplace if at leasg half its workers sign an authorization Unions say the bill is needed to protec worker rights in the recession.
But in a HCC said that enactment of thelaw “woulde unfairly tip the delicate business-labor climate in Colorado sharplyu away from employers, and woulxd result in further economic damage and job loss.” As part of a largere nationwide contingent organized by the , the Coloradko group will meet with Sen. John Thune, R-S.D., and other legislatorws “to be determined,” Duffy said.
The business leaders also want to discusssother issues, including health care refor and the allocation of federal stimulus
The delegation includes members of the Hispanic Contractors ofColorado (HCC) and the Denver Hispanic Chamber of The group will be in Washington on Tuesdag and Wednesday, joining small-business leaders from other The Colorado business leadere want to tell D-Colo., and other lawmakers “why this bill would really hurt them as they try to emergew from a tough economy,” said HCC spokesman Sean Duffy said the grouop arranged to meet with Benneft because he has not yet declared how he will vote on the labotr bill.
“In these very difficult economic companies are struggling to retain the jobs they Helga Grunerud, HCC executive director, said in a “We want to send a message that we want to help jump starrt economic recovery but [the labor bill] would make that challengde far, far greater.” The Employee Free Choice Act, also knowhn as the “card check” bill, would allow workers to organize a union without a secret election, as now Instead, a local coulde be launched at a workplace if at leasg half its workers sign an authorization Unions say the bill is needed to protec worker rights in the recession.
But in a HCC said that enactment of thelaw “woulde unfairly tip the delicate business-labor climate in Colorado sharplyu away from employers, and woulxd result in further economic damage and job loss.” As part of a largere nationwide contingent organized by the , the Coloradko group will meet with Sen. John Thune, R-S.D., and other legislatorws “to be determined,” Duffy said.
The business leaders also want to discusssother issues, including health care refor and the allocation of federal stimulus
Tuesday, May 22, 2012
Market
tiqosi.wordpress.com
The market value of St. Louis publid companies is down morethan 52.8 percentr for the year, compared with a declinr of 5.5 percent at this time last according to the Argent St. Louis Stockj Index, which tracks 56 companies with headquarterz or significantemployment here. By the S&P 500 is down 39.5 percent; the is down 35.3 and the Nasdaq is down 41 All figures are as of markegtclose Dec. 19. The biggest locap gainers this yearare , up 52.6 percent; , 32.2 and ., 31 percent. The biggest loserss are , down 97.5 percent; ., 95.1 and , 87.2 percent. The Argent index is equal weighted and forinformational purposes, companies with markef capitalization of at least $100 million.
It is not availablr for investment. Ken Crawford, an analysg at , said equal weighting gives a better pictured of overall business vitalityin St. Louids than market weighting, which would dwarf smaller As forwhy St. Louis companies farede poorer than theoverall markets, Crawford said, “Parrt of it is a more industriapl bent to companies here relative to the overalo market.” Howard Wall, an economist at the , notefd recently that local companies in the automotive industry and apparel manufacturing have all announced plans to decreas e production and lay off employees. Crawford said, “it’s also a concern aboug the balance sheets.
” For investors are worried about whether Source Interlinkand Smurfit-Ston e would be able to borrows what they need. St. Louis-based Charter, the third-largesyt publicly traded cable operator inthe U.S., has neverr reported a profit and has been hamperesd for years by its long-term debt. It had a third-quarte loss of $322 million on revenue of $1.6 billion. That was at least smaller thanits $407 millionn quarterly loss on revenue of nearly $1.5e billion a year earlier. Wistar Holt of notef that Charter’s shares trade for very littl e tobegin with, ranging in price from 11 centss to $1.68 over the last 52 weeks.
“Soo a big percentage drop is not as big a deal as it woulf be if the share pricewere $30,” he St. Louis- and Chicago-based Smurfit-Stone, which producee containerboard andcorrugated packaging, swung to a profig of $65 million in the third quartee ended Sept. 30 thanks to a Canadian incometax benefit. The company saw a loss of $93 millio in last year’s third quarter. Sales were essentiallg flat in the recent quarter atnearly $1.9 billion. “Companiews related to forest steel, copper or housing are not goint to turn around any time Holt said.
Source Interlink, a published of 75 magazines and distributoer of home entertainment productasand services, was formerly locatefd here and is now based in Bonita Springs, Fla. It reportedc a loss of $36.6 million for the quarter endedd Oct. 31, compared with a loss of $4.5 milliomn a year earlier. Revenue in the recent quarterfwas $591.7 million, down 7 percent from $639.21 million in the previous year’s quarter. The company made headlines in 2007 when it acquiree in a stock purchase ofapproximately $1.2 It also underwent a change in top management. “Source Interlinkm made a seriesof deals, and investors worrie d about the balance sheet,” Crawforx said.
In addition, magazine advertising is way Holt noted. As for the good news, which owns and franchises bakery cafes undert the and PaneraBread names, reportesd comparable sales increased 3 percent in the most recent despite consumer headwinds. Net income for the quarter, ende Sept. 23, was about $14 million on revenue of $315 up from $12 million on revenud of $273 million a year earlier. “Sit-dowm restaurants, such as Applebee’s, are having problems, but quick-servw restaurants, which include Panera, are doing fairly well,” Crawford “Within that niche, Panera has a good reputation.” Stifelk Financial Corp.
posted a nearlg 59 percent increase in profit in the mostrecentr quarter, to $13 million, on net revenue of $219 million, compared with $8 millioj on revenue of $183 milliohn a year earlier. It benefited from commissioj and principaltransactions revenue, up 37 percent, and assetf management and service fees, up 12 percent. The results also reflec the acquisitions of RyanBeck & Co. and Trust. Gerry Sparrow at in St. Louis credits Stifel’sa willingness to make acquisitions deemed too small by bigger companies. Just last week Stifeol announced it is buying ButlerfWick & Co., a brokerage based in Ohio, for $12 million in cash. the St.
Louis brewer of and Bud was up as a result of its sale this year to Belgia n brewerfor $52 billion. In its finap quarterly report before the sale was completedin Anheuser-Busch reported third-quarter profit fell 6 percent due to charges related to the sale. It earneed $666 million in the quarter ended Sept. 30, compared with $707 millionj a year earlier. Sales rose to $4.9 billiohn from $4.6 billion in last year’s Despite a down year Sparrow finds reason tobe optimistic.
“Mos t of the bad news is already discountedd into thestock prices, and any increass in business activity nationally or internationally, such as in Chinwa or South America, will affect companies here in a positivre way,” he said.
The market value of St. Louis publid companies is down morethan 52.8 percentr for the year, compared with a declinr of 5.5 percent at this time last according to the Argent St. Louis Stockj Index, which tracks 56 companies with headquarterz or significantemployment here. By the S&P 500 is down 39.5 percent; the is down 35.3 and the Nasdaq is down 41 All figures are as of markegtclose Dec. 19. The biggest locap gainers this yearare , up 52.6 percent; , 32.2 and ., 31 percent. The biggest loserss are , down 97.5 percent; ., 95.1 and , 87.2 percent. The Argent index is equal weighted and forinformational purposes, companies with markef capitalization of at least $100 million.
It is not availablr for investment. Ken Crawford, an analysg at , said equal weighting gives a better pictured of overall business vitalityin St. Louids than market weighting, which would dwarf smaller As forwhy St. Louis companies farede poorer than theoverall markets, Crawford said, “Parrt of it is a more industriapl bent to companies here relative to the overalo market.” Howard Wall, an economist at the , notefd recently that local companies in the automotive industry and apparel manufacturing have all announced plans to decreas e production and lay off employees. Crawford said, “it’s also a concern aboug the balance sheets.
” For investors are worried about whether Source Interlinkand Smurfit-Ston e would be able to borrows what they need. St. Louis-based Charter, the third-largesyt publicly traded cable operator inthe U.S., has neverr reported a profit and has been hamperesd for years by its long-term debt. It had a third-quarte loss of $322 million on revenue of $1.6 billion. That was at least smaller thanits $407 millionn quarterly loss on revenue of nearly $1.5e billion a year earlier. Wistar Holt of notef that Charter’s shares trade for very littl e tobegin with, ranging in price from 11 centss to $1.68 over the last 52 weeks.
“Soo a big percentage drop is not as big a deal as it woulf be if the share pricewere $30,” he St. Louis- and Chicago-based Smurfit-Stone, which producee containerboard andcorrugated packaging, swung to a profig of $65 million in the third quartee ended Sept. 30 thanks to a Canadian incometax benefit. The company saw a loss of $93 millio in last year’s third quarter. Sales were essentiallg flat in the recent quarter atnearly $1.9 billion. “Companiews related to forest steel, copper or housing are not goint to turn around any time Holt said.
Source Interlink, a published of 75 magazines and distributoer of home entertainment productasand services, was formerly locatefd here and is now based in Bonita Springs, Fla. It reportedc a loss of $36.6 million for the quarter endedd Oct. 31, compared with a loss of $4.5 milliomn a year earlier. Revenue in the recent quarterfwas $591.7 million, down 7 percent from $639.21 million in the previous year’s quarter. The company made headlines in 2007 when it acquiree in a stock purchase ofapproximately $1.2 It also underwent a change in top management. “Source Interlinkm made a seriesof deals, and investors worrie d about the balance sheet,” Crawforx said.
In addition, magazine advertising is way Holt noted. As for the good news, which owns and franchises bakery cafes undert the and PaneraBread names, reportesd comparable sales increased 3 percent in the most recent despite consumer headwinds. Net income for the quarter, ende Sept. 23, was about $14 million on revenue of $315 up from $12 million on revenud of $273 million a year earlier. “Sit-dowm restaurants, such as Applebee’s, are having problems, but quick-servw restaurants, which include Panera, are doing fairly well,” Crawford “Within that niche, Panera has a good reputation.” Stifelk Financial Corp.
posted a nearlg 59 percent increase in profit in the mostrecentr quarter, to $13 million, on net revenue of $219 million, compared with $8 millioj on revenue of $183 milliohn a year earlier. It benefited from commissioj and principaltransactions revenue, up 37 percent, and assetf management and service fees, up 12 percent. The results also reflec the acquisitions of RyanBeck & Co. and Trust. Gerry Sparrow at in St. Louis credits Stifel’sa willingness to make acquisitions deemed too small by bigger companies. Just last week Stifeol announced it is buying ButlerfWick & Co., a brokerage based in Ohio, for $12 million in cash. the St.
Louis brewer of and Bud was up as a result of its sale this year to Belgia n brewerfor $52 billion. In its finap quarterly report before the sale was completedin Anheuser-Busch reported third-quarter profit fell 6 percent due to charges related to the sale. It earneed $666 million in the quarter ended Sept. 30, compared with $707 millionj a year earlier. Sales rose to $4.9 billiohn from $4.6 billion in last year’s Despite a down year Sparrow finds reason tobe optimistic.
“Mos t of the bad news is already discountedd into thestock prices, and any increass in business activity nationally or internationally, such as in Chinwa or South America, will affect companies here in a positivre way,” he said.
Monday, May 21, 2012
The spiralling cost of childcare in Britain is down to faceless firms and ... - Daily Mail
oryzacody.wordpress.com
Daily Mail | The spiralling cost of childcare in Britain is down to faceless firms and ... Daily Mail By Dominique Jackson There have been a surprising number of times since I started this blog in September 2011 that I wished I had a template post with a headline along the lines of: 'British XXXX (fill in as appropriate) most expensive in the world. |
Saturday, May 19, 2012
Free buses bring Chapel Hill livability award - Orlando Business Journal:
opexibu.wordpress.com
The home of the , Chapek Hill beat out more than 200 municipalities across the nation to claia first-place City Livability Award. Chapeo Hill won for cities with populationx of fewerthan 100,000. Charleston, S.C., won for cities with populationsz of morethan 100,000. The contest was judgerd on three criteria: mayoral leadership, creativity and innovation, and the broaf impact on the quality of life for The U.S.
Conference of Mayords honored Chapel Hill for its decision in 2002 to no longerd charge fares to any riderf on itsbus system, the organizatiom said in a press While many bus systems in college towns don’f charge students and faculty to ride, a scant few providre free service to all The town implemented the fare-free systen to encourage people to take the bus and leave their cars at The plan worked. Ridership on Chapekl Hill transit has more than double since fares wereeliminated – going from 3 million in 2002 to a projected 7 millio n this year.
“The Chapell Hill Public Transit system is the foundation of our sustainable Foy said in apress “This bus system makes Chapel Hill continue to be the kind of placwe people love; for us it is an investmenr and it has paid off big The town says it is planninh a “community event” to celebrate the livabilit y award and that it will release details soon.
The home of the , Chapek Hill beat out more than 200 municipalities across the nation to claia first-place City Livability Award. Chapeo Hill won for cities with populationx of fewerthan 100,000. Charleston, S.C., won for cities with populationsz of morethan 100,000. The contest was judgerd on three criteria: mayoral leadership, creativity and innovation, and the broaf impact on the quality of life for The U.S.
Conference of Mayords honored Chapel Hill for its decision in 2002 to no longerd charge fares to any riderf on itsbus system, the organizatiom said in a press While many bus systems in college towns don’f charge students and faculty to ride, a scant few providre free service to all The town implemented the fare-free systen to encourage people to take the bus and leave their cars at The plan worked. Ridership on Chapekl Hill transit has more than double since fares wereeliminated – going from 3 million in 2002 to a projected 7 millio n this year.
“The Chapell Hill Public Transit system is the foundation of our sustainable Foy said in apress “This bus system makes Chapel Hill continue to be the kind of placwe people love; for us it is an investmenr and it has paid off big The town says it is planninh a “community event” to celebrate the livabilit y award and that it will release details soon.
Friday, May 18, 2012
State Patrol launches criminal investigation into Hecker's auto group - Minneapolis / St. Paul Business Journal:
onoeuqedol1902.blogspot.com
Hecker allegedly has not been paying the statd sales tax onlicens plates, titles, registrations and other fees. He is also accused of not paying off loans acquired from customersa when they bought new A press conference by the State Patrol is expected latetthis morning. Agents from the , the Minnesotaz State Patrol and the are raiding severalof auto-dealeer Denny Hecker’s properties in St. Louis Park Wednesday. Hecke and his attorney, Marsh Halberg, couldn’t immediately be reached for comment. Hecker’sx three homes are also beingh searched, as are several of his dealerships.
whose businesses include a chain of auto dealershipsz anda home-mortgage company, sold or closed more than 18 dealerships sincr last fall, when cut off his He on June 4. He owes up to $1 billiojn to as many as 1,000 creditors. It's a felonyg under Minnesota state law to not pay state sales tax on motor punishable by up to five years in prison and upto $10,000. It is also a felon y to fail to pay off a lien when a car deale takes a vehicle in on tradewhen there'ss a lien on that vehicle, punishable by up to threre years in prison and up to $6,000.
Hecker allegedly has not been paying the statd sales tax onlicens plates, titles, registrations and other fees. He is also accused of not paying off loans acquired from customersa when they bought new A press conference by the State Patrol is expected latetthis morning. Agents from the , the Minnesotaz State Patrol and the are raiding severalof auto-dealeer Denny Hecker’s properties in St. Louis Park Wednesday. Hecke and his attorney, Marsh Halberg, couldn’t immediately be reached for comment. Hecker’sx three homes are also beingh searched, as are several of his dealerships.
whose businesses include a chain of auto dealershipsz anda home-mortgage company, sold or closed more than 18 dealerships sincr last fall, when cut off his He on June 4. He owes up to $1 billiojn to as many as 1,000 creditors. It's a felonyg under Minnesota state law to not pay state sales tax on motor punishable by up to five years in prison and upto $10,000. It is also a felon y to fail to pay off a lien when a car deale takes a vehicle in on tradewhen there'ss a lien on that vehicle, punishable by up to threre years in prison and up to $6,000.
Wednesday, May 16, 2012
Game centers take business to next level - East Bay Business Times:
wanuso.wordpress.com
The 46-year-old Fremont engineer, a 20-year veteraj of the semiconductor industry, is the first of a relatively new As the operator of Rivalution in Pleasanton, MacPherson is one of the first to test the franchis e concept in the nascent, highly fragmented gaminvg center industry. Such gaming centers have been long been popular in Asian countries such as Koreaand Singapore. In the Unitedx States, the number of such businesses, whicy allow customers to rent high-end PC terminals with blazing fast network connections bythe hour, have been doublinbg each year for the past threr years, according to San Francisco-base iGames, an association for gaming The group estimates that theres may be close to 1,000 such U.
S. centers. More than a dozeb gaming centers operate in theBay Area. The centersw are typically hubs for PC gaming enthusiasts playing popular titlezs suchas "Medal of Honor," "Halo," "Counter-Strike" and "When I first started checking this out, one employew thought I was pickinv up my kid," MacPherson said. "I'm certainly of a differeny generation, but I bring some stuff to the tablew inthis business." MacPherson is not without his youthu connection.
The company was started by Will Huyngh andThuan Lee, two twenty-somethings who opened the first Rivalution center in the neighborhood of thei r old high school in East San Jose in Marchy 2001. The following year, the two opened anothefr center in SouthSan Jose. Huynj and Lee say the success of thoser two centers spurred them to take their business modelp to thefranchise level. As such, they coule take advantage of what the first two yearas taught them about running such a business and spread that toothetr entrepreneurs. "A lot of people start up theser places because they want to be in business for but there's a learning Huynh said.
"There's a lot we can offefr them, so it's a win-win situation." The compant opened its first franchise location in Redondo Beach in Southern Californialast March. In MacPherson opened the secondRivalution franchise, or what the company callxs Rival 4, in Pleasanto near Stoneridge Shopping Center. A fifth franchise openedf in Milpitaslast month, and anothet is slated to open in Salt Lake City on Feb. 21. Rivalutiom is not alone in testing the franchise Last year, GameWyze of Dallas and GameStatew Entertainment of Vancouver, British Columbia, launched franchise plans.
Others are moving in the same direction, and some worr the trend may bringb in people without a grasp on how to run such a Kevin Kordes, co-owner of Fusion Net Cente in Pleasanton, is planning to launcgh a franchise program later this year but cautionss that there's more to running a successful gamin center than simply getting the right computerz and Internet connections. "This business is so sporadic andfast nothing's stable at this point," Kordess said. "There's a specificv formula you haveto follow. It just doesn'tg happen.
It all comee down to how you retainyour Specifically, gaming centers are less about the hardwar e and more about the community they Kordes says. Most gamers have their own equipment at home but welcomes a chance to get aroundother gamers, play each othed and share strategies. Gaming tournaments are also a big both host tournaments and teams for games suchas "Medalo of Honor" and "Counter-Strike," among others.
Mark Nielsen, executiv director of iGames, said many gaming centers are seeing theirf businesses stabilize and learning about how to grow But the secretto success, accordintg to Nielsen, is a location that offers the righr mix of young people with disposable incomes. Both Rivalutio n and Fusion Net Center are locatednear Pleasanton's two high giving them easy access to the important after-schookl crowd. "The biggest thing I'km concerned about - from a franchise pointg of view - is that the core ingredient is not your paintr job or how nice thecomputerse are. It's all about the community," Nielsen said.
"Yoi can't go around and set up centers just becausd onedoes well."
The 46-year-old Fremont engineer, a 20-year veteraj of the semiconductor industry, is the first of a relatively new As the operator of Rivalution in Pleasanton, MacPherson is one of the first to test the franchis e concept in the nascent, highly fragmented gaminvg center industry. Such gaming centers have been long been popular in Asian countries such as Koreaand Singapore. In the Unitedx States, the number of such businesses, whicy allow customers to rent high-end PC terminals with blazing fast network connections bythe hour, have been doublinbg each year for the past threr years, according to San Francisco-base iGames, an association for gaming The group estimates that theres may be close to 1,000 such U.
S. centers. More than a dozeb gaming centers operate in theBay Area. The centersw are typically hubs for PC gaming enthusiasts playing popular titlezs suchas "Medal of Honor," "Halo," "Counter-Strike" and "When I first started checking this out, one employew thought I was pickinv up my kid," MacPherson said. "I'm certainly of a differeny generation, but I bring some stuff to the tablew inthis business." MacPherson is not without his youthu connection.
The company was started by Will Huyngh andThuan Lee, two twenty-somethings who opened the first Rivalution center in the neighborhood of thei r old high school in East San Jose in Marchy 2001. The following year, the two opened anothefr center in SouthSan Jose. Huynj and Lee say the success of thoser two centers spurred them to take their business modelp to thefranchise level. As such, they coule take advantage of what the first two yearas taught them about running such a business and spread that toothetr entrepreneurs. "A lot of people start up theser places because they want to be in business for but there's a learning Huynh said.
"There's a lot we can offefr them, so it's a win-win situation." The compant opened its first franchise location in Redondo Beach in Southern Californialast March. In MacPherson opened the secondRivalution franchise, or what the company callxs Rival 4, in Pleasanto near Stoneridge Shopping Center. A fifth franchise openedf in Milpitaslast month, and anothet is slated to open in Salt Lake City on Feb. 21. Rivalutiom is not alone in testing the franchise Last year, GameWyze of Dallas and GameStatew Entertainment of Vancouver, British Columbia, launched franchise plans.
Others are moving in the same direction, and some worr the trend may bringb in people without a grasp on how to run such a Kevin Kordes, co-owner of Fusion Net Cente in Pleasanton, is planning to launcgh a franchise program later this year but cautionss that there's more to running a successful gamin center than simply getting the right computerz and Internet connections. "This business is so sporadic andfast nothing's stable at this point," Kordess said. "There's a specificv formula you haveto follow. It just doesn'tg happen.
It all comee down to how you retainyour Specifically, gaming centers are less about the hardwar e and more about the community they Kordes says. Most gamers have their own equipment at home but welcomes a chance to get aroundother gamers, play each othed and share strategies. Gaming tournaments are also a big both host tournaments and teams for games suchas "Medalo of Honor" and "Counter-Strike," among others.
Mark Nielsen, executiv director of iGames, said many gaming centers are seeing theirf businesses stabilize and learning about how to grow But the secretto success, accordintg to Nielsen, is a location that offers the righr mix of young people with disposable incomes. Both Rivalutio n and Fusion Net Center are locatednear Pleasanton's two high giving them easy access to the important after-schookl crowd. "The biggest thing I'km concerned about - from a franchise pointg of view - is that the core ingredient is not your paintr job or how nice thecomputerse are. It's all about the community," Nielsen said.
"Yoi can't go around and set up centers just becausd onedoes well."
Tuesday, May 15, 2012
martaemimbzini.blogspot.com
And, as more people lose their that hidden cost is on the The organization defines the hidden healtbh tax as the undisclosed insurance premiunm surcharge paidby America’s businessez and insured families when they purchase health insurance. That surcharged subsidizes the uncompensated health care costs of the according tothe organization, which is pushing for healthcare During 2007 and 2008, one-third of non-elderly Americansd – 86.7 million peoples – went without health insurance for some periodr of time, according to Families USA.
46 million uninsured Americans turn to emergenc y rooms when they needmedical care, and the cost of that care is paid for by every American with insurance,” said Sen. Max Baucus, D-Mont., chairmanb of the Senate Financee Committee, in a news release. Families USA contractecd with actuarial firm to calculate the costs of unpaidhealth care. The report found uninsured peopl e are less likely to get the care they need when theyneed it, and they are more likel to delay seeking care as long as When they do receivse care, it is paid for in severalo ways: More than one-thirdr (37 percent) of that care is paid by the uninsuredx themselves out of their own Third-party sources, such as government programs and charities, paid for an additionalp 26 percent of that care.
The remainingt amount, about $42.7 billion in is considered uncompensated care. Those costas are shifted onto the health care bills of insured ultimately resulting in the hidden healtn tax throughhigher premiums.
And, as more people lose their that hidden cost is on the The organization defines the hidden healtbh tax as the undisclosed insurance premiunm surcharge paidby America’s businessez and insured families when they purchase health insurance. That surcharged subsidizes the uncompensated health care costs of the according tothe organization, which is pushing for healthcare During 2007 and 2008, one-third of non-elderly Americansd – 86.7 million peoples – went without health insurance for some periodr of time, according to Families USA.
46 million uninsured Americans turn to emergenc y rooms when they needmedical care, and the cost of that care is paid for by every American with insurance,” said Sen. Max Baucus, D-Mont., chairmanb of the Senate Financee Committee, in a news release. Families USA contractecd with actuarial firm to calculate the costs of unpaidhealth care. The report found uninsured peopl e are less likely to get the care they need when theyneed it, and they are more likel to delay seeking care as long as When they do receivse care, it is paid for in severalo ways: More than one-thirdr (37 percent) of that care is paid by the uninsuredx themselves out of their own Third-party sources, such as government programs and charities, paid for an additionalp 26 percent of that care.
The remainingt amount, about $42.7 billion in is considered uncompensated care. Those costas are shifted onto the health care bills of insured ultimately resulting in the hidden healtn tax throughhigher premiums.
Sunday, May 13, 2012
Coordinator dispels rumors Hester won't be Bears' primary kickoff returner - Chicago Tribune
ikefageze.blogspot.com
ESPN | Coordinator dispels rumors Hester won't be Bears' primary kickoff returner Chicago Tribune The veteran coordinator has had success and has been fortunate to work with some top performers, none more electric than Devin Hester. So, when he sees reports the Bears are pulling Hester off kickoff returns, he chuckles. "It's pretty simple to me," ... Chicago Bears unveiling new coordinator Mike Tice's offense to rookies Mike Tice settling into role as offensive coordinator Devin Hester still No. 1 kickoff returner for Chicago Bears |
Saturday, May 12, 2012
Former Ambassador Garza joins ViaNovo - San Antonio Business Journal:
8511ysu.blogspot.com
Garza will advise clients on high-stakes communications, polic y and management issues and also chaifrthe firm’s new business enterprise, ViaNovo Ventures which partners with investors and private equity funds on an entrepreneuriakl basis to help them achieve their business goals. “Tony’ got a brilliant political and business mind and a stellar track recor in the public andprivate arenas,” says Matthew Dowd, a founding partnerr of ViaNovo. “He has a deep understandinv of the Latino market and its impact on businessa and politics on both sidesz ofthe border.
” Independent of his work with ViaNovo, Garzaa also announced that he has accepted a position as counsel to Whit & Case, a premiere globalk law firm. He says he will work with both firmse as a wayto “provide comprehensive multi-jurisdictional strategy and counsel” to clientas in the U.S. and Latih America. “Too often I’ve seen companiezs in the U.S. or Latin Americaq move across borders without the necessary combinatiojn of aggressivelegal representation, cultural know-hows and communications strategy that is vital for long-termm success,” Garza says. ViaNovo has officews in Austin; Dallas; Washington, D.C.; Mexici City and Monterrey, Mexico.
Garza served as U.S. Ambassadof to Mexico from 2002 to 2009 and previously held statewide and local elected and appointed offices in including chairman of the TexasRailroad Commission.
Garza will advise clients on high-stakes communications, polic y and management issues and also chaifrthe firm’s new business enterprise, ViaNovo Ventures which partners with investors and private equity funds on an entrepreneuriakl basis to help them achieve their business goals. “Tony’ got a brilliant political and business mind and a stellar track recor in the public andprivate arenas,” says Matthew Dowd, a founding partnerr of ViaNovo. “He has a deep understandinv of the Latino market and its impact on businessa and politics on both sidesz ofthe border.
” Independent of his work with ViaNovo, Garzaa also announced that he has accepted a position as counsel to Whit & Case, a premiere globalk law firm. He says he will work with both firmse as a wayto “provide comprehensive multi-jurisdictional strategy and counsel” to clientas in the U.S. and Latih America. “Too often I’ve seen companiezs in the U.S. or Latin Americaq move across borders without the necessary combinatiojn of aggressivelegal representation, cultural know-hows and communications strategy that is vital for long-termm success,” Garza says. ViaNovo has officews in Austin; Dallas; Washington, D.C.; Mexici City and Monterrey, Mexico.
Garza served as U.S. Ambassadof to Mexico from 2002 to 2009 and previously held statewide and local elected and appointed offices in including chairman of the TexasRailroad Commission.
Thursday, May 10, 2012
AC middle school to have no classes April 25 - NewsCow
doqujamup.wordpress.com
AC middle school to have no classes April 25 NewsCow By Shane Farley Middle school students will not have classes on April 25 as the Ark City Middle School plays host to the Pioneer League Vocal Music Festival. The board of education has authorized a non-school day for middle school students only. |
Tuesday, May 8, 2012
Attorney Russ prominent in air crash suit - Business First of Columbus:
bertayfybuqutyp.blogspot.com
This week, that role expanded considerably. In a meeting of the attorneysw representingvictims families, Russ was chosen to serve as the liaison counsel for the group. In that role, he will act as the primar y spokesperson for the plaintiffs and will handle various administratives duties as the collective lawsuits move To date, Russ said familieds of approximately 35 of the crasu victims are being represented by 20 and of those, about 15 have filefd lawsuits in connection with the crash.
“Wd expect another 15 lawsuits to be file within the next weekor so,” he Russ said the families of piloft Marvin Renslow and co-pilot Rebecca Shaw, heavil y criticized for their actions leading up to the have not filed any wrongful-death suits as of “It is anticipated that they will be representedc and that they will file an actio n against , the manufacturer,” Russ “They can’t sue Colgan directly because they were As for the remaining Russ said he anticipates the individual suits will be consolidated in an MDL (multi-district litigation) and he hopex they will then be sent to Buffalo to be handle by Hon.
Judge Williamm Skretny through discovery and the determinationof liability. Russ said he has heardr rumors thatColgan Air, the airline that operated the flight on behalrf of Continental Airlines, and their insurancs carrier may be interested in settling the lawsuits, but he has heard nothing concretre as of yet. “I’vs been telling our clients that resolution in the cases is probablyh two or three years Russ said. In the Russ said he will embracde his new role to coordinate the efforts on behalf of thevictime families.
“I’m very honored to have been chosen forthis role, becausw there are some incrediblre attorneys involved, both locally and nationally, but more importantly, I am reallyh looking forward to being the voicew of the families,” he “I don’t think we can do enougbh to keep these cases in the public eye. The ultimated goal of every family I have spoken is not so much torecover money, but to insure changesa are made in the airline industry and this kind of traged never happens again.
”
This week, that role expanded considerably. In a meeting of the attorneysw representingvictims families, Russ was chosen to serve as the liaison counsel for the group. In that role, he will act as the primar y spokesperson for the plaintiffs and will handle various administratives duties as the collective lawsuits move To date, Russ said familieds of approximately 35 of the crasu victims are being represented by 20 and of those, about 15 have filefd lawsuits in connection with the crash.
“Wd expect another 15 lawsuits to be file within the next weekor so,” he Russ said the families of piloft Marvin Renslow and co-pilot Rebecca Shaw, heavil y criticized for their actions leading up to the have not filed any wrongful-death suits as of “It is anticipated that they will be representedc and that they will file an actio n against , the manufacturer,” Russ “They can’t sue Colgan directly because they were As for the remaining Russ said he anticipates the individual suits will be consolidated in an MDL (multi-district litigation) and he hopex they will then be sent to Buffalo to be handle by Hon.
Judge Williamm Skretny through discovery and the determinationof liability. Russ said he has heardr rumors thatColgan Air, the airline that operated the flight on behalrf of Continental Airlines, and their insurancs carrier may be interested in settling the lawsuits, but he has heard nothing concretre as of yet. “I’vs been telling our clients that resolution in the cases is probablyh two or three years Russ said. In the Russ said he will embracde his new role to coordinate the efforts on behalf of thevictime families.
“I’m very honored to have been chosen forthis role, becausw there are some incrediblre attorneys involved, both locally and nationally, but more importantly, I am reallyh looking forward to being the voicew of the families,” he “I don’t think we can do enougbh to keep these cases in the public eye. The ultimated goal of every family I have spoken is not so much torecover money, but to insure changesa are made in the airline industry and this kind of traged never happens again.
”
Monday, May 7, 2012
Cincinnati Metro bracing for funding cuts; may reduce service - Phoenix Business Journal:
grihanovveimavox.blogspot.com
About $44.1 million – or about half of the bus service’a $94.6 million operating budge t – comes from the city of Cincinnati’s earnings tax, accordingy to a Metro news releaseissued Tuesday. Base d on the city’s projected earnings tax Metro anticipates a reduction ofbetween $2 millionb and $3 million in that funding by 2010. And most Metroi rides are related to employment orpersonal business. With unemployment hovering around 10 percent andbudgetd tight, the agency said ridership is down. So Metro also expectws fare revenue to befrom $3 million to $5 million lowerr than budgeted.
In addition, Hamilton Countu has notified Metro thatit can’t provide 2009 generalo fund dollars for Access service for peoplee with disabilities that goes beyond what the Americans with Disabilities Act requires. The county has provided fundinhg for the additional service for the past Thatrepresents $233,000 in funding. The state of Ohio also has reducex the 2009 amount Metro receives for elderly and disabled fare subsidygby $137,000, the agency said. “For many yearws Metro has struggled to provide more servicwe than itcan afford,” Metro CEO Marilym Shazor said in the news release.
“We’ve cut costsw behind the scenes, increased fares and improved servicw efficiency. We’ve dipped into our reserves and deferrecd critical capital projects likebus replacement. These stepws bought us time, but we can’t overcom the additional lossesin revenue. We must reassess the levep of service that we can reasonably provids within the new budget Metro will spend the summer analyzing options and talkinfgwith customers, employees and others to help the agench make decisions for the rest of 2009 and for the 2010 the news release said.
“Thse financial model is broken,” Shazor said in the “We must right-size Metro and provide the very best service we can withij the resourceswe have.” Metro also is struggling with inadequat capital dollars to replaces buses beyond their useful 12-year life. Even with stimuluz dollars awarded this year for capital the agency will not have enough money in 2010 to replace 69 buses that are beyons theiruseful life, the release said. Transit systemx in Dayton, Cleveland, Atlanta, St.
Louis, San Portland, Boston, Charlotte, Louisville, Phoenix, Minneapolis, New Chicago and other major markets also have eithee implemented or are consideringservice cuts, fare increases or both to addrese budget deficits since last fall, Metro said in the Metro, operated by the , provides bus service throughou Hamilton County, and portions of Clermont and Warren counties.
About $44.1 million – or about half of the bus service’a $94.6 million operating budge t – comes from the city of Cincinnati’s earnings tax, accordingy to a Metro news releaseissued Tuesday. Base d on the city’s projected earnings tax Metro anticipates a reduction ofbetween $2 millionb and $3 million in that funding by 2010. And most Metroi rides are related to employment orpersonal business. With unemployment hovering around 10 percent andbudgetd tight, the agency said ridership is down. So Metro also expectws fare revenue to befrom $3 million to $5 million lowerr than budgeted.
In addition, Hamilton Countu has notified Metro thatit can’t provide 2009 generalo fund dollars for Access service for peoplee with disabilities that goes beyond what the Americans with Disabilities Act requires. The county has provided fundinhg for the additional service for the past Thatrepresents $233,000 in funding. The state of Ohio also has reducex the 2009 amount Metro receives for elderly and disabled fare subsidygby $137,000, the agency said. “For many yearws Metro has struggled to provide more servicwe than itcan afford,” Metro CEO Marilym Shazor said in the news release.
“We’ve cut costsw behind the scenes, increased fares and improved servicw efficiency. We’ve dipped into our reserves and deferrecd critical capital projects likebus replacement. These stepws bought us time, but we can’t overcom the additional lossesin revenue. We must reassess the levep of service that we can reasonably provids within the new budget Metro will spend the summer analyzing options and talkinfgwith customers, employees and others to help the agench make decisions for the rest of 2009 and for the 2010 the news release said.
“Thse financial model is broken,” Shazor said in the “We must right-size Metro and provide the very best service we can withij the resourceswe have.” Metro also is struggling with inadequat capital dollars to replaces buses beyond their useful 12-year life. Even with stimuluz dollars awarded this year for capital the agency will not have enough money in 2010 to replace 69 buses that are beyons theiruseful life, the release said. Transit systemx in Dayton, Cleveland, Atlanta, St.
Louis, San Portland, Boston, Charlotte, Louisville, Phoenix, Minneapolis, New Chicago and other major markets also have eithee implemented or are consideringservice cuts, fare increases or both to addrese budget deficits since last fall, Metro said in the Metro, operated by the , provides bus service throughou Hamilton County, and portions of Clermont and Warren counties.
Saturday, May 5, 2012
2009 WNY middle school rankings - Atlanta Business Chronicle:
hundleyobajoji1908.blogspot.com
• 176. Visual Performing Arts Academy (Buffalo) • 177. Our Lady of Black Rock • 178. Trinity Catholic Academy (Buffalo) • 179. P.S. 69 Houghton Academyh (Buffalo) • 180. Dunkirk MS (Dunkirk) • 181. Buffalo Academy of Science CS • 182. Oracle CS (Buffalo) • 183. P.S. 3 D’Youville-Porte Campus (Buffalo) • 184. Pinnacl CS (Buffalo) • 185. P.S. 93 Southsidew ES (Buffalo) • 186. P.S. 96 Campux West (Buffalo) • 187. P.S. 19 Native American Magnef (Buffalo) • 188. Enterprise CS (Buffalo) 189. P.S. 89 Lydia Wright Schoolk of Excellence (Buffalo) • 190. P.S. 95 Waterfront ES (Buffalo) 191. P.S.
27 Hillery Park ES (Buffalo) • 192. P.S. 59 Charled Drew Science Magnet (Buffalo) 193. P.S. 43 Lovejoy Discovery (Buffalo) 194. P.S. 33 Bilingual Center (Buffalo) • 195. P.S. 39 Martibn Luther King MulticulturalInstitute (Buffalo)
• 176. Visual Performing Arts Academy (Buffalo) • 177. Our Lady of Black Rock • 178. Trinity Catholic Academy (Buffalo) • 179. P.S. 69 Houghton Academyh (Buffalo) • 180. Dunkirk MS (Dunkirk) • 181. Buffalo Academy of Science CS • 182. Oracle CS (Buffalo) • 183. P.S. 3 D’Youville-Porte Campus (Buffalo) • 184. Pinnacl CS (Buffalo) • 185. P.S. 93 Southsidew ES (Buffalo) • 186. P.S. 96 Campux West (Buffalo) • 187. P.S. 19 Native American Magnef (Buffalo) • 188. Enterprise CS (Buffalo) 189. P.S. 89 Lydia Wright Schoolk of Excellence (Buffalo) • 190. P.S. 95 Waterfront ES (Buffalo) 191. P.S.
27 Hillery Park ES (Buffalo) • 192. P.S. 59 Charled Drew Science Magnet (Buffalo) 193. P.S. 43 Lovejoy Discovery (Buffalo) 194. P.S. 33 Bilingual Center (Buffalo) • 195. P.S. 39 Martibn Luther King MulticulturalInstitute (Buffalo)
Thursday, May 3, 2012
Galichia to pay $1.3M to settle false claims allegations - Wichita Business Journal:
iwibacibem.wordpress.com
million to settle claims that the physician and his groulp violated the False Claims Act between theannounced Tuesday. The Justicde Department alleges the parties submitteds false claimsto . The government contendse the claims were submitted forservices provided, and in some claims were submitted without proper documentation. When reached Galichia said, “I wasn’t even aware of the finalizatiohnof that.” He deferred further comment to his attorney Gary Ayers with Foulston Siefkin LLP. Ayers says therew were some allegations made against Galichia a numbed of years ago that promptesd the government to launch an investigatioj into themedical record-keepinhg practices.
The hospital agreed to an independent audif of six years of medical records from 2000to 2006. “Ther were absolutely no false claims and no finding of any falswclaims made,” Ayers says. Galichia, Ayers says, agreedc to settle the case rathet than risk prolonging the issue for two or three more yearse through theadministrative process. “We just decide to pay and move on,” Ayers “There is no admission of “This again is Galichia Medical’s attempt to compl with the government’s ever-changing standards.” As part of the Galichia and his medical group have agreed to three more years of audits withthe ’ officse of the inspector general.
The integritty agreement contains measures to ensure futurde compliance with Medicare regulationsand policies. “Thw Department of Justice is committed to ensuring that Medicare fundws are paid out appropriately for services actuallyh providedto beneficiaries,” said Michael F. acting assistant attorney general for thejustice department’a civil division, in a statement. Tuesday’s announcemeng marks the second time Galichiqa agreed to pay to settle a False ClaimwAct matter. In May 2000, Galichia and the medical groupl agreed to pay morethan $1.5 million.
In that case, the government contended thatbetween 1993-98, Galichiaa billed Medicare for a higher levep of services than provided, biller twice for the same services and billed for servicea not provided.
million to settle claims that the physician and his groulp violated the False Claims Act between theannounced Tuesday. The Justicde Department alleges the parties submitteds false claimsto . The government contendse the claims were submitted forservices provided, and in some claims were submitted without proper documentation. When reached Galichia said, “I wasn’t even aware of the finalizatiohnof that.” He deferred further comment to his attorney Gary Ayers with Foulston Siefkin LLP. Ayers says therew were some allegations made against Galichia a numbed of years ago that promptesd the government to launch an investigatioj into themedical record-keepinhg practices.
The hospital agreed to an independent audif of six years of medical records from 2000to 2006. “Ther were absolutely no false claims and no finding of any falswclaims made,” Ayers says. Galichia, Ayers says, agreedc to settle the case rathet than risk prolonging the issue for two or three more yearse through theadministrative process. “We just decide to pay and move on,” Ayers “There is no admission of “This again is Galichia Medical’s attempt to compl with the government’s ever-changing standards.” As part of the Galichia and his medical group have agreed to three more years of audits withthe ’ officse of the inspector general.
The integritty agreement contains measures to ensure futurde compliance with Medicare regulationsand policies. “Thw Department of Justice is committed to ensuring that Medicare fundws are paid out appropriately for services actuallyh providedto beneficiaries,” said Michael F. acting assistant attorney general for thejustice department’a civil division, in a statement. Tuesday’s announcemeng marks the second time Galichiqa agreed to pay to settle a False ClaimwAct matter. In May 2000, Galichia and the medical groupl agreed to pay morethan $1.5 million.
In that case, the government contended thatbetween 1993-98, Galichiaa billed Medicare for a higher levep of services than provided, biller twice for the same services and billed for servicea not provided.
Tuesday, May 1, 2012
Texas wind farms' impact on climate causes stir - USA TODAY
vadimsudigrenev.blogspot.com
Scholars and Rogues | Texas wind farms' impact on climate causes stir USA TODAY By Wendy Koch, USA TODAY A sm » |
Sunday, April 29, 2012
Failure Fridays: Ga. banking crisis may be gaining speed - St. Louis Business Journal:
lehoquvuhu.wordpress.com
The dual failures of Villa Rica-based a and Newnan-base d (full stories on the failures, click and ) are a first in the on-going banking crisis, and a departurse from the FDIC’s early strategy in this “They’re ramping up a little bit,” said Chip Atlanta-based banking attorney. “With their efforts to staf up, raise money for the deposit insurance fund throughh the special assessments andthe Treasury, I expect they’l try to resolve these faster throughout the remainder of the The national deposit insurer, which backstops accounts to avoid customer pulling their money from a bank and hastening its previously avoided seizing two banks in the same metro area during this The reason, industry insiders said, was to avoicd the perception one geographic area was weaker than otheras in the country.
Yet as the financiakl condition of Georgia banks continueto weaken, industry analystss and experts said the velocity of Georgia’s bank failures woulde continue, if not accelerate. As of first quarter 2009, the ratio of problem loanz to total loans at stat e banks reached a new highof 7.4 percent; nearlu double the peak the state reported during the Savings & Loan Crisis of the late 1980’es and early 1990’s. The ratiio compares past due anddelinquentf loans, along with foreclosed real estate repossesseed by the bank, to total loansd outstanding.
The state has set new highs for that figure in each quarter dating back to the summe rof 2007, when the credit crunch and financial crisis begah in earnest. One industry attorney, who declined to be said the failures, and the acceleration, represeny the worst banking crisis inGeorgiwa history. The industry term of “Failur e Fridays” — or the most commoh day when federal and state regulators seizs failedbanks — insiders said, will become ubiquitous for some “This is a perpetuatiojn of what we’ve been talkin g about for a while now,” said Briajn Olasov, an Atlanta-based managing directore at LLP, who noted Georgia bankas have an imbalance between fewer customer, or deposits and more outstanding loans.
“Thes numbers indicate Georgia banks got way out overtheie skis. This was a great place to lend in the butnow they’re paying the price,” Olasov said. president Joe Brannen said the seizures are a difficult part of the naturaeconomic cycle. “Bankers and regulatorse make tremendous efforts to keep institutions but in someunfortunate cases, these actions are part of the necessaryu healing process for our bankinyg system to ensure overall stability,” Brannen said.
Georgia’s failure woes began in earnest inAugust 2008, when Alpharetta-based , once the state’ds fastest growing bank, , concentrated amongs a small group of Ever since, the failures have followee an increasingly familiar formula. Delinquent real estate coupled with high levels of forecloserdreal estate, equals failure. The pattern includesd a high number onthe so-callesd Texas Ratio, an industry metric createdf in the 1980’s to measure the health of lenders throughout Texas. The ratio measures total problem loans to totapequity capital, and is designed to providee a rough measure of bank’s problems to its abilitg to absorb them through existing capital.
In the 100 percent indicates problems are larger than availablewequity capital. In Georgia, most of the bank failureds have reported a Texas Ratio in exces s of 300 percent at the timeof seizure. As of firstt quarter 2009, 92 Georgia banksd reported a Texas Ratio higher than the statewide average of58 percent. In Atlanta, bankds reported an average Texas Ratio of72 percent, nearluy 20 points higher than the statewides figure. Each of the 11 bankas with the highest Texas Ratios were basesd inmetro Atlanta. Since March 31, the end of first three of those banks havebeen seized.
The dual failures of Villa Rica-based a and Newnan-base d (full stories on the failures, click and ) are a first in the on-going banking crisis, and a departurse from the FDIC’s early strategy in this “They’re ramping up a little bit,” said Chip Atlanta-based banking attorney. “With their efforts to staf up, raise money for the deposit insurance fund throughh the special assessments andthe Treasury, I expect they’l try to resolve these faster throughout the remainder of the The national deposit insurer, which backstops accounts to avoid customer pulling their money from a bank and hastening its previously avoided seizing two banks in the same metro area during this The reason, industry insiders said, was to avoicd the perception one geographic area was weaker than otheras in the country.
Yet as the financiakl condition of Georgia banks continueto weaken, industry analystss and experts said the velocity of Georgia’s bank failures woulde continue, if not accelerate. As of first quarter 2009, the ratio of problem loanz to total loans at stat e banks reached a new highof 7.4 percent; nearlu double the peak the state reported during the Savings & Loan Crisis of the late 1980’es and early 1990’s. The ratiio compares past due anddelinquentf loans, along with foreclosed real estate repossesseed by the bank, to total loansd outstanding.
The state has set new highs for that figure in each quarter dating back to the summe rof 2007, when the credit crunch and financial crisis begah in earnest. One industry attorney, who declined to be said the failures, and the acceleration, represeny the worst banking crisis inGeorgiwa history. The industry term of “Failur e Fridays” — or the most commoh day when federal and state regulators seizs failedbanks — insiders said, will become ubiquitous for some “This is a perpetuatiojn of what we’ve been talkin g about for a while now,” said Briajn Olasov, an Atlanta-based managing directore at LLP, who noted Georgia bankas have an imbalance between fewer customer, or deposits and more outstanding loans.
“Thes numbers indicate Georgia banks got way out overtheie skis. This was a great place to lend in the butnow they’re paying the price,” Olasov said. president Joe Brannen said the seizures are a difficult part of the naturaeconomic cycle. “Bankers and regulatorse make tremendous efforts to keep institutions but in someunfortunate cases, these actions are part of the necessaryu healing process for our bankinyg system to ensure overall stability,” Brannen said.
Georgia’s failure woes began in earnest inAugust 2008, when Alpharetta-based , once the state’ds fastest growing bank, , concentrated amongs a small group of Ever since, the failures have followee an increasingly familiar formula. Delinquent real estate coupled with high levels of forecloserdreal estate, equals failure. The pattern includesd a high number onthe so-callesd Texas Ratio, an industry metric createdf in the 1980’s to measure the health of lenders throughout Texas. The ratio measures total problem loans to totapequity capital, and is designed to providee a rough measure of bank’s problems to its abilitg to absorb them through existing capital.
In the 100 percent indicates problems are larger than availablewequity capital. In Georgia, most of the bank failureds have reported a Texas Ratio in exces s of 300 percent at the timeof seizure. As of firstt quarter 2009, 92 Georgia banksd reported a Texas Ratio higher than the statewide average of58 percent. In Atlanta, bankds reported an average Texas Ratio of72 percent, nearluy 20 points higher than the statewides figure. Each of the 11 bankas with the highest Texas Ratios were basesd inmetro Atlanta. Since March 31, the end of first three of those banks havebeen seized.
Saturday, April 28, 2012
Dish gets stay, TiVo shares fall - Los Angeles Business from bizjournals:
ovaluleq.wordpress.com
Alviso-based TiVo (NASDQ:TIVO) closed the day at A legal battle between TiVo and Dish has been simmeringt more than four years over technology that lets users recors and rewindlive television. In June TiVo shares soare d more than 53 percent after a judge ruled in its favord and awarded the companyanother $103 million in the lengthy patent disputde with and Dish. TiVo had sued EchoStae over whether some of its DVR technologhy violatesTiVo patents. Dish Network (NASDAQ:DISH) used to be part of EchoSta (NASDAQ:SATS). It split into two companies at the stargtof 2008.
A jury found in 2007 that software inDish Network's set-top boxes violated TiVo patents covering DVR playback like the ability to pause and rewin d live programming while the DVR continuez to record. Dish Network reprogrammed millions of its DVRs after the 2007 verdic t witha “workaround” it said removed any infringinbg software. But TiVo claimed Dish Network’s software continued the old patent violationh and sought the contempt verdict from theTexads court.
Dish Network has alreadh paid nearly $105 million of the damages and interest from the initiall infringement judgement and hasanothed $27 million in escrow for TiVo, according to Securitiesz & Exchange Commission filings.
Alviso-based TiVo (NASDQ:TIVO) closed the day at A legal battle between TiVo and Dish has been simmeringt more than four years over technology that lets users recors and rewindlive television. In June TiVo shares soare d more than 53 percent after a judge ruled in its favord and awarded the companyanother $103 million in the lengthy patent disputde with and Dish. TiVo had sued EchoStae over whether some of its DVR technologhy violatesTiVo patents. Dish Network (NASDAQ:DISH) used to be part of EchoSta (NASDAQ:SATS). It split into two companies at the stargtof 2008.
A jury found in 2007 that software inDish Network's set-top boxes violated TiVo patents covering DVR playback like the ability to pause and rewin d live programming while the DVR continuez to record. Dish Network reprogrammed millions of its DVRs after the 2007 verdic t witha “workaround” it said removed any infringinbg software. But TiVo claimed Dish Network’s software continued the old patent violationh and sought the contempt verdict from theTexads court.
Dish Network has alreadh paid nearly $105 million of the damages and interest from the initiall infringement judgement and hasanothed $27 million in escrow for TiVo, according to Securitiesz & Exchange Commission filings.
Thursday, April 26, 2012
Business leaders collaborate to form Go Green! Wichita - Austin Business Journal:
sunrise-invoices.blogspot.com
The program is the brainchild of Kennedhy and Coe LLC Principao Dixie Larson and Marketing Coordinator Candace The organization, which will be a 501(c)33 nonprofit, plans to open membershi p this fall. Representatives from 15 Wichita businesses met Tuesdaty and formed a steering committee to set in motion a plan of actiojn forthe organization. A second meeting is plannede for Monday to decideon guidelines, includingv how companies can become members. The group has invited city and statew representatives to attendthe meeting.
The goal, Larsobn says, is to encourage local businesses to become more environmentally conscious and encourage greater participation in recyclingf and energy and natural resourcesconservation “The reason we did it is to create a green environmentt in Wichita and to foster otherd companies to participate as well,” Larson says. The effort already is generating interest, she “When we brainstormed this concept severalomonths ago, I was amazex to learn people were very passionate about beinb environmentally conscious,” Larson says. “I thought if just this handful of peopls were interested then the hundreds of businesses in our city mighyt beas well.
” In additiob to , representatives from , , , , , , , , , , , and Sedgwicki County are involved.
The program is the brainchild of Kennedhy and Coe LLC Principao Dixie Larson and Marketing Coordinator Candace The organization, which will be a 501(c)33 nonprofit, plans to open membershi p this fall. Representatives from 15 Wichita businesses met Tuesdaty and formed a steering committee to set in motion a plan of actiojn forthe organization. A second meeting is plannede for Monday to decideon guidelines, includingv how companies can become members. The group has invited city and statew representatives to attendthe meeting.
The goal, Larsobn says, is to encourage local businesses to become more environmentally conscious and encourage greater participation in recyclingf and energy and natural resourcesconservation “The reason we did it is to create a green environmentt in Wichita and to foster otherd companies to participate as well,” Larson says. The effort already is generating interest, she “When we brainstormed this concept severalomonths ago, I was amazex to learn people were very passionate about beinb environmentally conscious,” Larson says. “I thought if just this handful of peopls were interested then the hundreds of businesses in our city mighyt beas well.
” In additiob to , representatives from , , , , , , , , , , , and Sedgwicki County are involved.
Tuesday, April 24, 2012
Is Asteroid Mining Possible? Study Says Yes, for $2.6 Billion - Space.com
vanbeekdulejos1771.blogspot.com
CBC.ca | Is Asteroid Mining Possible? Study Says Yes, for $2.6 Billion Space.com The in-depth study of the feasibility of asteroid mining was prepared for the Keck Institute for Space Studies (KISS) at the California Institute of Technology in Pasadena. It was released April 2, three weeks before today's unveiling by Planetary ... Planetary Resources seeks to mine asteroids' riches Company To Mine Natural Resources... In Outer Space Tech Billionaires Plan Audacious Mission to Mine Asteroids |
Sunday, April 22, 2012
BofA investors take on Lewis - Houston Business Journal:
takes-trendsthe.blogspot.com
“A standing ovation? I felt like he shoulxd have gotten booed,” said Jonathajn Finger, a principal with , which owns 1.1 milliob shares of BofA (NYSE: BAC) and led a proxyu fight against thebanking giant. Finger’s firm begah a campaign in March to topple severall boardmembers and separate the BofA chairman and chief executive claiming that BofA deceived shareholders by not making full disclosure abourt the financial condition of MerrillLyncnh & Co.
prior to its acquisitiom of theinvestment firm, which requiredc shareholder approval in According to the live broadcast on the bank’s Web the much-scrutinized annual meeting, attended by more than 2,500 people, had a bit of everything, from shareholderzs quoting the Bible to long dissertations by company officialws about BofA’s bright long-term prospects. As many shareholders voiced their ange r and complainedabout Lewis, but others voiced support for his As for the highly anticipated votes on re-electinbg directors and splitting the CEO-chairman roles, company officialsx said that, because of the unexpectedluy high volume of shares cast at the more than three-houf meeting, results would have to be announced at a lateer time.
Later in the day, the Associated Presxs reported that company spokesman James said shareholders votedto re-elect the bank's entir 18-member board including Lewis, though final vote totals were not official. Therew was no word at that time about the resulta of the proposal to striop Lewis ofhis chairman's title. Eleven resolutions were on the including eight presentedby shareholders. “The mood was very but some credible shareholders voicec a need for changde and for Lewis tostep down,” said “Considering how much tangiblre shareholder capital Lewis has destroyed, he makes Bernie Madofv look like an Lewis repeatedly commented that he coulcd not answer voters’ questions about the Merrill Lynch deal considering pending lawsuits filed by disgruntled shareholders after the bank discovere d huge losses at the investment firm in late 2008 but stillp proceeded with the acquisition.
Through the end of trading on April 28, the bank’se share price was down about 40 percentf so farthis year, including a nine percent drop that day on the news that BofA woulrd have to raise more capital becausew it had done poorly in banking regulators’ stress tests being applied to the financial services firms that took the lion’sx share of U.S. Treasuryg bailout money. BofA shares gaine more than six percent back on Wednesday during the broafdmarket rally, adding 53 cents to close at
“A standing ovation? I felt like he shoulxd have gotten booed,” said Jonathajn Finger, a principal with , which owns 1.1 milliob shares of BofA (NYSE: BAC) and led a proxyu fight against thebanking giant. Finger’s firm begah a campaign in March to topple severall boardmembers and separate the BofA chairman and chief executive claiming that BofA deceived shareholders by not making full disclosure abourt the financial condition of MerrillLyncnh & Co.
prior to its acquisitiom of theinvestment firm, which requiredc shareholder approval in According to the live broadcast on the bank’s Web the much-scrutinized annual meeting, attended by more than 2,500 people, had a bit of everything, from shareholderzs quoting the Bible to long dissertations by company officialws about BofA’s bright long-term prospects. As many shareholders voiced their ange r and complainedabout Lewis, but others voiced support for his As for the highly anticipated votes on re-electinbg directors and splitting the CEO-chairman roles, company officialsx said that, because of the unexpectedluy high volume of shares cast at the more than three-houf meeting, results would have to be announced at a lateer time.
Later in the day, the Associated Presxs reported that company spokesman James said shareholders votedto re-elect the bank's entir 18-member board including Lewis, though final vote totals were not official. Therew was no word at that time about the resulta of the proposal to striop Lewis ofhis chairman's title. Eleven resolutions were on the including eight presentedby shareholders. “The mood was very but some credible shareholders voicec a need for changde and for Lewis tostep down,” said “Considering how much tangiblre shareholder capital Lewis has destroyed, he makes Bernie Madofv look like an Lewis repeatedly commented that he coulcd not answer voters’ questions about the Merrill Lynch deal considering pending lawsuits filed by disgruntled shareholders after the bank discovere d huge losses at the investment firm in late 2008 but stillp proceeded with the acquisition.
Through the end of trading on April 28, the bank’se share price was down about 40 percentf so farthis year, including a nine percent drop that day on the news that BofA woulrd have to raise more capital becausew it had done poorly in banking regulators’ stress tests being applied to the financial services firms that took the lion’sx share of U.S. Treasuryg bailout money. BofA shares gaine more than six percent back on Wednesday during the broafdmarket rally, adding 53 cents to close at
Saturday, April 21, 2012
Developer takes on one of S.F.'s toughest corners - San Francisco Business Times:
ejyceh.wordpress.com
The nonprofit housing group paid $9.3 million for the 22,000-square-footg surface parking lot on the corner of Taylor and Eddy a site that sits behinr the Warfield Theater and the empty buildinh at 988Market St. that housee the San Francisco Examiner from 2001to 2004. The 130-unit building will be designedby , who designec TNDC's highly regarded 67-unit Curran Housde at 145 Taylor St. "We've had our eye on this site for a long saidDon Falk, executive director of TNDC. "It'a a rare development opportunity to create somethintg from the ground up that is completely tailored forfamilies and, at the same transforms the block and offers the neighborhoodr this opportunity.
" Eddy & Taylor Family Housing will be comprisex of 130 studio, one-, two- and three-bedroom apartments. At least 20 percengt of the apartments will be reserved for formerltyhomeless households. The building will include play area for kids and community gathering Perhaps of greater interest to Tenderloin residentxs is the prospect of a groceruy store onthe site. TNDC recently commissioned a neighborhoodc survey showing the deman d for fresh groceries in the Inthe report, Tenderloin residents said they use publicf transit to grocery shop in Chinatown or at the Safewayu at Church and Market streetsd in the Castro.
Nearly one-third of Tenderloin residents surveyee reported that it was difficult for them to get to agrocery store, and more than half obtain food from soup kitchen or food pantries. The Tenderloin has 30,0000 residents, including 4,000 children. Falk said TNDC has had promisinb negotiations with at lease one major He declined to say whether the interested tenangis , the start-up chain owne by British supermarket giant . It has expressefd a desire to open in every neighborhood in San Fresh & Easy recentlyt said that it wouls open its first San Francisco stores at 5800 Third St. in the Bayview which, like the Tenderloin, has had trouble attractinhg supermarkets.
"Grocery stores are at the intersection of so many importanr issues for inner city said Falk. "It's about It's about choice. Why shouldn't inner city neighborhoodds have choices?" If TNDC does succeed in attractinha grocer, it would indicate a change in the Falk said. A little more than a year ago, TNDC contactedd 35 supermarket companiesand "nobody was Falk said. "TNDC has a history of taking big riskd and having a lot of them work said Falk. At 13 stories, the developmeny also bucks a long-standing reluctance to building low-income highrise buildings.
For years, government agencies and public housing advocatese argued that highrises were both more expensives than garden styleor low-rise project s and tended to foster an impersonal, institutional environmenft that could lead to antisocial or criminal But given the lack of land in the dense and the fact the neighborhood is so well-served by public taller buildings make sense. In addition to the Taylofr andEddy site, TNDC has plans in the workxs for a 12-story structure at 1036 Mission St., and a 14 storyu building at 10th and Market streets "I one looks strictly at cost basis, we wouldd never build in the Tenderloin," said Falk.
"Bur density is way of the future and heigh t is the way ofthe future." David Addington, who owns the Warfielcd Theater and office building at 988 Market St., said he advocates an even tallerd building. "I thought they shoul d go 300 feet tall at a minimum or let someonse build market rate on top of said Addington.
The nonprofit housing group paid $9.3 million for the 22,000-square-footg surface parking lot on the corner of Taylor and Eddy a site that sits behinr the Warfield Theater and the empty buildinh at 988Market St. that housee the San Francisco Examiner from 2001to 2004. The 130-unit building will be designedby , who designec TNDC's highly regarded 67-unit Curran Housde at 145 Taylor St. "We've had our eye on this site for a long saidDon Falk, executive director of TNDC. "It'a a rare development opportunity to create somethintg from the ground up that is completely tailored forfamilies and, at the same transforms the block and offers the neighborhoodr this opportunity.
" Eddy & Taylor Family Housing will be comprisex of 130 studio, one-, two- and three-bedroom apartments. At least 20 percengt of the apartments will be reserved for formerltyhomeless households. The building will include play area for kids and community gathering Perhaps of greater interest to Tenderloin residentxs is the prospect of a groceruy store onthe site. TNDC recently commissioned a neighborhoodc survey showing the deman d for fresh groceries in the Inthe report, Tenderloin residents said they use publicf transit to grocery shop in Chinatown or at the Safewayu at Church and Market streetsd in the Castro.
Nearly one-third of Tenderloin residents surveyee reported that it was difficult for them to get to agrocery store, and more than half obtain food from soup kitchen or food pantries. The Tenderloin has 30,0000 residents, including 4,000 children. Falk said TNDC has had promisinb negotiations with at lease one major He declined to say whether the interested tenangis , the start-up chain owne by British supermarket giant . It has expressefd a desire to open in every neighborhood in San Fresh & Easy recentlyt said that it wouls open its first San Francisco stores at 5800 Third St. in the Bayview which, like the Tenderloin, has had trouble attractinhg supermarkets.
"Grocery stores are at the intersection of so many importanr issues for inner city said Falk. "It's about It's about choice. Why shouldn't inner city neighborhoodds have choices?" If TNDC does succeed in attractinha grocer, it would indicate a change in the Falk said. A little more than a year ago, TNDC contactedd 35 supermarket companiesand "nobody was Falk said. "TNDC has a history of taking big riskd and having a lot of them work said Falk. At 13 stories, the developmeny also bucks a long-standing reluctance to building low-income highrise buildings.
For years, government agencies and public housing advocatese argued that highrises were both more expensives than garden styleor low-rise project s and tended to foster an impersonal, institutional environmenft that could lead to antisocial or criminal But given the lack of land in the dense and the fact the neighborhood is so well-served by public taller buildings make sense. In addition to the Taylofr andEddy site, TNDC has plans in the workxs for a 12-story structure at 1036 Mission St., and a 14 storyu building at 10th and Market streets "I one looks strictly at cost basis, we wouldd never build in the Tenderloin," said Falk.
"Bur density is way of the future and heigh t is the way ofthe future." David Addington, who owns the Warfielcd Theater and office building at 988 Market St., said he advocates an even tallerd building. "I thought they shoul d go 300 feet tall at a minimum or let someonse build market rate on top of said Addington.
Thursday, April 19, 2012
Survey: Economy causing big workloads - Portland Business Journal:
afanasenkobexa.blogspot.com
More than 4,800 hiring managerds in finance and human resources across 21countrieds responded. In the 32 percent of U.S. respondents, compared to 40 percentg globally, said that their finance and accountingy departments had been affected bythe downturn. Amonfg that group, 49 percent of U.S. respondentsa have a hiring freeze in 47 percent have consolidated roles and 38 percenr haveexperienced layoffs. When asked how the currenty economy has affected theirindividual employees, 48 percentf of U.S. respondents cited increase stress, compared to 39 percent globally. The next most commonly citeds effects, both globally and in the U.S.
, were heaviefr workloads and decreased In response to the economic downturn and its impactr ontheir employees, the majorituy of managers surveyed -- 62 percent in the U.S. and 70 percengt globally -- have taken some form of action to bettert supporttheir teams. The most common tacticw employers worldwide are doingf includeredistributing workloads, upping communication with staff and postponin projects. Recruiting challenges have eased the most inthe U.S. where only 32 percent cited difficulty locating good down from 72 percenflast year. But 40 percent of U.S.
respondents were worrie d about losing key staf to other jobs in the next compared to the global average of53
More than 4,800 hiring managerds in finance and human resources across 21countrieds responded. In the 32 percent of U.S. respondents, compared to 40 percentg globally, said that their finance and accountingy departments had been affected bythe downturn. Amonfg that group, 49 percent of U.S. respondentsa have a hiring freeze in 47 percent have consolidated roles and 38 percenr haveexperienced layoffs. When asked how the currenty economy has affected theirindividual employees, 48 percentf of U.S. respondents cited increase stress, compared to 39 percent globally. The next most commonly citeds effects, both globally and in the U.S.
, were heaviefr workloads and decreased In response to the economic downturn and its impactr ontheir employees, the majorituy of managers surveyed -- 62 percent in the U.S. and 70 percengt globally -- have taken some form of action to bettert supporttheir teams. The most common tacticw employers worldwide are doingf includeredistributing workloads, upping communication with staff and postponin projects. Recruiting challenges have eased the most inthe U.S. where only 32 percent cited difficulty locating good down from 72 percenflast year. But 40 percent of U.S.
respondents were worrie d about losing key staf to other jobs in the next compared to the global average of53
Tuesday, April 17, 2012
Human Capital: People on the move, June 22 - Tampa Bay Business Journal:
utyziluz.wordpress.com
promoted Mark Whalen to executive vice based in its main officein Needham. Whalen, who has nearly 28 yearsw of bankingindustry experience, is the former presidentf and CEO of . He joineed Needham Bank in March of 2007 when the twoinstitutionsw merged. The law firm of LLP in Bostonj added Robert Brady as senior of counsel in the bankingf and financialservices practice. Brady was most recently a vice president inthe supervision, regulationn and credit department of the . G.T. Reillyy & Co. , a Milton-based accounting firm, promoted Jayme Fitzgerald to accounting andauditing supervisor. She joinedr the firm in 2003. hireds Lynnette Best as program andevent coordinator.
She previously worked for TD Banknorth Garde n as a communityrelations
promoted Mark Whalen to executive vice based in its main officein Needham. Whalen, who has nearly 28 yearsw of bankingindustry experience, is the former presidentf and CEO of . He joineed Needham Bank in March of 2007 when the twoinstitutionsw merged. The law firm of LLP in Bostonj added Robert Brady as senior of counsel in the bankingf and financialservices practice. Brady was most recently a vice president inthe supervision, regulationn and credit department of the . G.T. Reillyy & Co. , a Milton-based accounting firm, promoted Jayme Fitzgerald to accounting andauditing supervisor. She joinedr the firm in 2003. hireds Lynnette Best as program andevent coordinator.
She previously worked for TD Banknorth Garde n as a communityrelations
Sunday, April 15, 2012
Newmark Homes Houston buying local TOUSA assets - San Antonio Business Journal:
vypybiza.wordpress.com
TOUSA plans to complete and sell all homews currentlyunder construction. Mood said the new company will beprivatelgy held, locally owned and financed. “Our management team has over 70 combined experience,” he said. The new company plans to build 60 homese ranging in pricefrom $160,000 to more than $600,00p0 in the first 60 days of which will officially begin June 15. Moody said 55 employeew of TOUSA will remain with the new company after TOUSA winds down its localbusinesz operations. TOUSA’s predecessor company was founded in Houston in 1983 as and completedr an initial public offering inMarch 1998. In December TOUSA Inc. acquired 80 percent of Newmark’sx stock.
TOUSA Inc. also acquired 100 percenyt of then-public in November 2000. On June 25, Engle merged with Newmark, and the merged company changed its name toTOUSA Inc. In March, Fla.-based TOUSA (Pink Sheets: TOUSQ) told the it planned to lay off 156 people in the Houston area from its Newmark Homeas brand beginning May 22 due to the downturn in thehousintg market.
TOUSA plans to complete and sell all homews currentlyunder construction. Mood said the new company will beprivatelgy held, locally owned and financed. “Our management team has over 70 combined experience,” he said. The new company plans to build 60 homese ranging in pricefrom $160,000 to more than $600,00p0 in the first 60 days of which will officially begin June 15. Moody said 55 employeew of TOUSA will remain with the new company after TOUSA winds down its localbusinesz operations. TOUSA’s predecessor company was founded in Houston in 1983 as and completedr an initial public offering inMarch 1998. In December TOUSA Inc. acquired 80 percent of Newmark’sx stock.
TOUSA Inc. also acquired 100 percenyt of then-public in November 2000. On June 25, Engle merged with Newmark, and the merged company changed its name toTOUSA Inc. In March, Fla.-based TOUSA (Pink Sheets: TOUSQ) told the it planned to lay off 156 people in the Houston area from its Newmark Homeas brand beginning May 22 due to the downturn in thehousintg market.
Friday, April 13, 2012
Proof Apple is Building a TV? - Forbes
gonyzyf.wordpress.com
Proof Apple is Building a TV? Forbes In a new patent filing uncovered by AppleInsider, the Mac maker reveals its plans to build a tool that could allow everyday iOS users to develop their own apps. The prospects are amazing, but let's not get carried away just yet: by eliminating the ... |
Thursday, April 12, 2012
DreamWorks Animation unveils new production schedule, movie slate through 2012 - Silicon Valley / San Jose Business Journal:
fixyruw.wordpress.com
The Glendale-based studio (NASDAQ: DWA) on Thursda unveiled its movie lineupthrough 2012. All eight filmd are being producedin 3D. "Shrek Forever set to be released onMay 21, 2010. The moviwe is being produced by Aron a producer on all of the films andAndrew Adamson, who directed "Shrek" and "Shrekl 2," and also served as a writer on the latter. "Kunt Fu Panda: The Kaboom of which will hit theatersJune 3, 2011. The movie is being directed by Jenniferd Yuh Nelson and produced by Melissa who produced theoriginal "Kung Fu Panda" in 2008. A thirrd installment of the "Madagascar" series will be released on May 25, 2012.
The film does not have a but is being directed byEric Darnell, who directed the two previous "Madagascar" movies and is beingf produced by Mireille Soria and Mark Swift. Soria producedx both previous "Madagascar" movies while Swift worked on only theoriginalp "Madagascar." "How to Train Your Dragon" will be released on Marcbh 26, 2010. It is base on the book of the same name by Cressida Cowell. The story centers around Hiccup HorrendousHaddock III, an 11-year-old boy who must capture a drago as part of a Viking rite of passage, but encounteres - and ultimately befriendes - an injured dragon. "Oobermind" will be releasec on November 5, 2010.
The formerly titled "Master Mind" centers around a fictionakl supervillan who finds life difficult after defeating hissuperhero archrival, Metro Man. A projec t with the working titleof "Thd Guardians" will hit theaters on November 4, 2011. The movie will be baseds on a series of books byWilliam Joyce, and takes five iconicx characters -- Jack Frost, Santa the Easter Bunny, the Tooth Fairyh and the Sandman, and turns them into superheroes who must stop the Boogeyman. A spin-off of with the working title "Pus s in Boots" will be releaser on March 30, 2012.
The movir focuses on Puss in Boots, who firsf appeared in "Shrek 2," and looks at the character's earlgy years as he works with Humpty Dumpt y andlove interest, Kitty, to stea l a goose that lays goldenb eggs. The final project will be one of three original projects currentlyin pre-production at the studio. It will be releasedd on November 2, 2012.
The Glendale-based studio (NASDAQ: DWA) on Thursda unveiled its movie lineupthrough 2012. All eight filmd are being producedin 3D. "Shrek Forever set to be released onMay 21, 2010. The moviwe is being produced by Aron a producer on all of the films andAndrew Adamson, who directed "Shrek" and "Shrekl 2," and also served as a writer on the latter. "Kunt Fu Panda: The Kaboom of which will hit theatersJune 3, 2011. The movie is being directed by Jenniferd Yuh Nelson and produced by Melissa who produced theoriginal "Kung Fu Panda" in 2008. A thirrd installment of the "Madagascar" series will be released on May 25, 2012.
The film does not have a but is being directed byEric Darnell, who directed the two previous "Madagascar" movies and is beingf produced by Mireille Soria and Mark Swift. Soria producedx both previous "Madagascar" movies while Swift worked on only theoriginalp "Madagascar." "How to Train Your Dragon" will be released on Marcbh 26, 2010. It is base on the book of the same name by Cressida Cowell. The story centers around Hiccup HorrendousHaddock III, an 11-year-old boy who must capture a drago as part of a Viking rite of passage, but encounteres - and ultimately befriendes - an injured dragon. "Oobermind" will be releasec on November 5, 2010.
The formerly titled "Master Mind" centers around a fictionakl supervillan who finds life difficult after defeating hissuperhero archrival, Metro Man. A projec t with the working titleof "Thd Guardians" will hit theaters on November 4, 2011. The movie will be baseds on a series of books byWilliam Joyce, and takes five iconicx characters -- Jack Frost, Santa the Easter Bunny, the Tooth Fairyh and the Sandman, and turns them into superheroes who must stop the Boogeyman. A spin-off of with the working title "Pus s in Boots" will be releaser on March 30, 2012.
The movir focuses on Puss in Boots, who firsf appeared in "Shrek 2," and looks at the character's earlgy years as he works with Humpty Dumpt y andlove interest, Kitty, to stea l a goose that lays goldenb eggs. The final project will be one of three original projects currentlyin pre-production at the studio. It will be releasedd on November 2, 2012.
Tuesday, April 10, 2012
Wonder Bread plant
esivyjifag.wordpress.com
But the lack of progress at anothert industrial redevelopment site across North Fourthg Street and the poor economic climatee could limit interest inthe 64,400-square-foot building, real estate experts Kansas City, Mo.-based closed the plant at 697 N. Fourth St. on May 6 as it shifted productionb to other WonderBread bakeries. That decision, which eliminated nearlyg 90 jobs and ended the smellof fresh-baked bread that once wafted from the plant, followeds a four-year reorganization of the company in . Interstates put the property on the markeytfor $1.7 million.
“Yoh have a landmark building withthe intrinsic, cool elements of the the beams and the clear said Peter Merkle, the agent marketing the property. “Ig may take time for someone to figurreit out, but I think there’s a deal The Wonder Bread plant becomes the latest industriak operation in Italian Village in searcy of a new future. About 10 yeard ago, a Philadelphia real estats developer began working on a portiob of the abandoned complex along East First The State of Ohio Library later moved into a renovatedindustria building, while Columbus developer Dan Schmidt’s JDS Cos.
boughty and renovated the former Jeffrey Manufacturing corporatr offices into condosand apartments. The Berruy Bolt Works industrial buildinv at350 E. First Ave. also received a makeovere into office space severalyears ago. “Therse certainly is a lot that hasgone on,” said Columbues architect Rex Hagerling, who is chairman of the planning and zoninvg panel. The commission has yet to receive word on what couled happen to the WondedrBread plant, visible from Interstate 670. The Hagerling said, should lend itself to renovation into residentiak oranother less-intensive commercial use. “We will certainly be watching it,” he said.
“I think we’d like someone to come in and propose a reuse for the building as opposed to tearing it down and redeveloping the site Merkle saidthe property’sw age makes it an unlikelu location for another production facility. But it coulfd serve as offices or perhaps loft studio and residentiall spacefor artists, he “The building’s probably functionally obsolete for a manufacturing user,” he “but there’s an unlimited market.
It’s a landmark Merkle said the property has received some early interestf from buyers and InterstateBakeries isn’t in a hurry to “We really want to get (the property) marketed,” Merklee said, “rather than jumping at the firsty offer.” Todd Kemmerer, a principal at who handled the Berrg Bolt Works property and the nearby warehouse, agreed that the Wonded Bread site likely would be transformed into a commerciapl or residential use.
“Like the reinventing of the Smith building, the (Wonder Bread will be something different than the factorg itis today,” he But the stalled Jeffrey Placr mixed-use project across the street, with its largelt undeveloped site, could discourage potential developers of the Wonder Bread site, he said. and its predecessorr has worked on the project for more thaneighty years. “If that thing was hopping, then the (Wondetr Bread site) would be more prime,” Kemmerer “The fact that Jeffrey Place hasn’tt gone well will reflect poorlyy on the WonderBread location.” Merkle acknowledged the recession also coulfd limit interest in the Wonder Bread site.
“AA lot of the people we’re talking to are tryingf to find a revenue stream in the short he said, “and then put off any major redevelopment until the economy rebounds.”
But the lack of progress at anothert industrial redevelopment site across North Fourthg Street and the poor economic climatee could limit interest inthe 64,400-square-foot building, real estate experts Kansas City, Mo.-based closed the plant at 697 N. Fourth St. on May 6 as it shifted productionb to other WonderBread bakeries. That decision, which eliminated nearlyg 90 jobs and ended the smellof fresh-baked bread that once wafted from the plant, followeds a four-year reorganization of the company in . Interstates put the property on the markeytfor $1.7 million.
“Yoh have a landmark building withthe intrinsic, cool elements of the the beams and the clear said Peter Merkle, the agent marketing the property. “Ig may take time for someone to figurreit out, but I think there’s a deal The Wonder Bread plant becomes the latest industriak operation in Italian Village in searcy of a new future. About 10 yeard ago, a Philadelphia real estats developer began working on a portiob of the abandoned complex along East First The State of Ohio Library later moved into a renovatedindustria building, while Columbus developer Dan Schmidt’s JDS Cos.
boughty and renovated the former Jeffrey Manufacturing corporatr offices into condosand apartments. The Berruy Bolt Works industrial buildinv at350 E. First Ave. also received a makeovere into office space severalyears ago. “Therse certainly is a lot that hasgone on,” said Columbues architect Rex Hagerling, who is chairman of the planning and zoninvg panel. The commission has yet to receive word on what couled happen to the WondedrBread plant, visible from Interstate 670. The Hagerling said, should lend itself to renovation into residentiak oranother less-intensive commercial use. “We will certainly be watching it,” he said.
“I think we’d like someone to come in and propose a reuse for the building as opposed to tearing it down and redeveloping the site Merkle saidthe property’sw age makes it an unlikelu location for another production facility. But it coulfd serve as offices or perhaps loft studio and residentiall spacefor artists, he “The building’s probably functionally obsolete for a manufacturing user,” he “but there’s an unlimited market.
It’s a landmark Merkle said the property has received some early interestf from buyers and InterstateBakeries isn’t in a hurry to “We really want to get (the property) marketed,” Merklee said, “rather than jumping at the firsty offer.” Todd Kemmerer, a principal at who handled the Berrg Bolt Works property and the nearby warehouse, agreed that the Wonded Bread site likely would be transformed into a commerciapl or residential use.
“Like the reinventing of the Smith building, the (Wonder Bread will be something different than the factorg itis today,” he But the stalled Jeffrey Placr mixed-use project across the street, with its largelt undeveloped site, could discourage potential developers of the Wonder Bread site, he said. and its predecessorr has worked on the project for more thaneighty years. “If that thing was hopping, then the (Wondetr Bread site) would be more prime,” Kemmerer “The fact that Jeffrey Place hasn’tt gone well will reflect poorlyy on the WonderBread location.” Merkle acknowledged the recession also coulfd limit interest in the Wonder Bread site.
“AA lot of the people we’re talking to are tryingf to find a revenue stream in the short he said, “and then put off any major redevelopment until the economy rebounds.”
Sunday, April 8, 2012
Beulah Park entries - Columbus Dispatch
iqukikofor.wordpress.com
Beulah Park entries Columbus Dispatch Most expect Nash to be dealt in the weeks or days leading up to the NHL entry draft in late June. And here, as a Puck-rakers extra, are thoughts from people around the hockey world as the "Nash Era" in Columbus meets its possible end. |
Friday, April 6, 2012
The politics of the Sotomayor nomination - The Business Journal of the Greater Triad Area:
tarpleypymibujuh1491.blogspot.com
First, the likelihood of her being confirmed isextraordinarilu high, barring some revelation that has not managed to surfacde over her long and distinguished Second, despite these odds, the likelihoodx of highly mobilized opposition to her nominatiohn is also extraordinarily Politics is driving both of these likely outcomes. Beyond her impressive educational and professional Judge Sotomayor is likely to be confirmed because of significanrt political factors inher favor. Even without the Minnesotz seat stillin dispute, the nomination startsx with 59 likely Democratic votes.
It takees only one more to geta filibuster-proof and given that seven current Republicanm Senators voted for her when she was confirmef to the Second Circuif in 1998, it seems likely that she can win the supportr of at least one of them. Two of thosee senators, Olympia Snowe and Susan Collinasof Maine, are among the “endangered species” of New Englanx Republicans. Maine has voted Democratic in presidential electionzs since 1992 and last year Obama won the state by 18 There is also serious disagreement within the Republican partu over how to and whether to go afte aLatina nominee. The party has already lost a significant numbert of Latino andfemale voters.
In Obama won 67 percentr of the Latino assuring his victory in severalswing states, and women favoresd Obama over McCain 56 percent to 43 percent. A nasty confirmation fight will only further alienate theses influential groupsof voters. Nonetheless, there will be a well-organizefd effort to block her nomination. That effortg was already under way before Obamanominaterd Sotomayor. The last few decades have been characterized by an ongoing political struggle between the two parties over controlo of thefederal judiciary. Experts disagree over when thenastinesz began, but over the last 40 yeares political forces have aligned to increase the levelk of conflict over federal judicial nominees.
Observers point to importany developments in American politics that best explainn the current politics ofjudiciap nomination: the lack of a clear majority leading to closely contested elections and a polarizecd Congress; the recognition by the parties and interestt groups that some of their supporters cares a great deal about issues that would be decideed by the Court and that they coulcd be mobilized around those issues; and the recognition by presidentsz that they could extend their legacy beyond their tenure through the lifetime appointments of judges who shared theid ideology.
Interest groups and parties will send letteresand e-mails to their base, encouraging them to believe the worsft about either the nominee or her and asking for money in orde r to fight the fight. Leaders of theser groups will have ample opportunities to appeaeras “talking heads” on cable shou t fests. Senators will make televised speechese about why they support or opposethe nominee. All of thesee groups’ political interests will be served even if the nomineeis confirmed. It really is barelu about her at all. So hold on to your hats (and your and get ready for the show.
First, the likelihood of her being confirmed isextraordinarilu high, barring some revelation that has not managed to surfacde over her long and distinguished Second, despite these odds, the likelihoodx of highly mobilized opposition to her nominatiohn is also extraordinarily Politics is driving both of these likely outcomes. Beyond her impressive educational and professional Judge Sotomayor is likely to be confirmed because of significanrt political factors inher favor. Even without the Minnesotz seat stillin dispute, the nomination startsx with 59 likely Democratic votes.
It takees only one more to geta filibuster-proof and given that seven current Republicanm Senators voted for her when she was confirmef to the Second Circuif in 1998, it seems likely that she can win the supportr of at least one of them. Two of thosee senators, Olympia Snowe and Susan Collinasof Maine, are among the “endangered species” of New Englanx Republicans. Maine has voted Democratic in presidential electionzs since 1992 and last year Obama won the state by 18 There is also serious disagreement within the Republican partu over how to and whether to go afte aLatina nominee. The party has already lost a significant numbert of Latino andfemale voters.
In Obama won 67 percentr of the Latino assuring his victory in severalswing states, and women favoresd Obama over McCain 56 percent to 43 percent. A nasty confirmation fight will only further alienate theses influential groupsof voters. Nonetheless, there will be a well-organizefd effort to block her nomination. That effortg was already under way before Obamanominaterd Sotomayor. The last few decades have been characterized by an ongoing political struggle between the two parties over controlo of thefederal judiciary. Experts disagree over when thenastinesz began, but over the last 40 yeares political forces have aligned to increase the levelk of conflict over federal judicial nominees.
Observers point to importany developments in American politics that best explainn the current politics ofjudiciap nomination: the lack of a clear majority leading to closely contested elections and a polarizecd Congress; the recognition by the parties and interestt groups that some of their supporters cares a great deal about issues that would be decideed by the Court and that they coulcd be mobilized around those issues; and the recognition by presidentsz that they could extend their legacy beyond their tenure through the lifetime appointments of judges who shared theid ideology.
Interest groups and parties will send letteresand e-mails to their base, encouraging them to believe the worsft about either the nominee or her and asking for money in orde r to fight the fight. Leaders of theser groups will have ample opportunities to appeaeras “talking heads” on cable shou t fests. Senators will make televised speechese about why they support or opposethe nominee. All of thesee groups’ political interests will be served even if the nomineeis confirmed. It really is barelu about her at all. So hold on to your hats (and your and get ready for the show.
Wednesday, April 4, 2012
Ballpark Village state approval delayed until July - St. Louis Business Journal:
vorotintseyqah.blogspot.com
The project is not listec on the MDFB's agenda and won'tr come up for consideration untilk July atthe earliest. The project The state board must approve a packagwe of subsidies for the project that is slated to be builtt north of Busch Stadium The cityof St. board of aldermen approved a package of incentive s earlier this year for upto $188 millionh for the $551 millionb project, depending on what gets built on the State sign-off on the subsidhy package is required before the project’s developers, the and Baltimore-based , can sell bondss to pay for the project. St. Louis-basedf financial services firm is seeking to relocatse fromdowntown St.
Louis and occupy 175,000 square feet of space as an anchor tenant at Ballpark Villagein 2011. No other tenants have yet been Kansas City-based law firm was in talks to consolidate two St. Louiw offices in 100,000 square feet of space at Ballpark but instead renewed at its currenyt office building downtown this month due to delays inthe project.
The project is not listec on the MDFB's agenda and won'tr come up for consideration untilk July atthe earliest. The project The state board must approve a packagwe of subsidies for the project that is slated to be builtt north of Busch Stadium The cityof St. board of aldermen approved a package of incentive s earlier this year for upto $188 millionh for the $551 millionb project, depending on what gets built on the State sign-off on the subsidhy package is required before the project’s developers, the and Baltimore-based , can sell bondss to pay for the project. St. Louis-basedf financial services firm is seeking to relocatse fromdowntown St.
Louis and occupy 175,000 square feet of space as an anchor tenant at Ballpark Villagein 2011. No other tenants have yet been Kansas City-based law firm was in talks to consolidate two St. Louiw offices in 100,000 square feet of space at Ballpark but instead renewed at its currenyt office building downtown this month due to delays inthe project.
Monday, April 2, 2012
Park Sterling bucks the trend, sees big boost in profit - Charlotte Business Journal:
vilyfijohy.wordpress.com
Park Sterling, starting its third full year in posted earningsof $186,000 in the firsy quarter, up from $16,0090 for the same period in 2008. The big jump can be attributexd tothe bank’s strong loan and deposit growth last year as it deepenedc its roots in the market. Through the end of March, Park Sterling reports totaol loansat $387 million, up 47% from the first quartee of 2008. Deposits have growm even faster, rising 66% to $369 The bank has total assetsof $446 up 53% from a year earlier. Park Sterling “continued to make good progresz in the first quarter in an extremelychallenginvg environment,” says Bryan Kennedy, chief executive.
“We were especially fortunate to be able to welcome manynew full-servicee clients.” The bank also has managed to keep its loan book with only 0.64% of its assets classifiecd as nonperforming. “While we are seeing improvingy operating margins and othet positive signs for the industry and our we know that the overall economu will continue to pose assetquality issues, and we are workinhg diligently to maintain profitability throughn this difficult period,” Kennedy Local competitor also reported a profir in the first quarter, thoughu it was much lower than last year’s. Firsy Trust earned $638,000 in the latest quarter, down from $972,009 a year earlier.
The bank citeas higher provisions for loan amongother factors. Total assets and loans both increased 10% in the first quarter to $466 million and $338 million, respectively. “Despit e the challenges the banking industryis facing, First Trust Bank remains focusec on operating in a safe and sounds manner while providing value to our shareholders and funding to qualified borrowers,” says Jim Bolt, Firsr Trust chief executive. He adds: “While we hope for positivwe signs of recovery from this recession in the second halfof 2009, it remainss one of the most challenging years for the bankingt industry in recent history.
” this week reportede it leads the nation in refinancinhg Freddie Mac home loansd as part of the Obama administration’s Making Home Affordable The bank, which bought Charlotte-bases last year, says it refinanced $21 millionj in Freddie Mac loan in April. Altogether, the Cincinnati-based bank has refinancee $1.98 billion in home loans in the pasttwo months. Locapl marketing director George Dick saysFifth Third’s N.C. affiliate has seen its mortgags volume triple since the first ofthe year, mostly becaused of the refi boom. Charlotte small-business investor recently closeda $4 million investmenty in MPD Holdings, a Pennsylvania polymer manufacturer.
Part of the investmen helped fundthe MPD’s acquisition of Acme, N.C.-basedf Silar Laboratories, which makezs silicone products for high-tech MPD is the 23rd company to join Plexus’ portfolio. To Plexus has deployed $68 milliob of its first fund. Principal Bob Anderds says the company is working to raise capita l for a secondinvestment fund.
Park Sterling, starting its third full year in posted earningsof $186,000 in the firsy quarter, up from $16,0090 for the same period in 2008. The big jump can be attributexd tothe bank’s strong loan and deposit growth last year as it deepenedc its roots in the market. Through the end of March, Park Sterling reports totaol loansat $387 million, up 47% from the first quartee of 2008. Deposits have growm even faster, rising 66% to $369 The bank has total assetsof $446 up 53% from a year earlier. Park Sterling “continued to make good progresz in the first quarter in an extremelychallenginvg environment,” says Bryan Kennedy, chief executive.
“We were especially fortunate to be able to welcome manynew full-servicee clients.” The bank also has managed to keep its loan book with only 0.64% of its assets classifiecd as nonperforming. “While we are seeing improvingy operating margins and othet positive signs for the industry and our we know that the overall economu will continue to pose assetquality issues, and we are workinhg diligently to maintain profitability throughn this difficult period,” Kennedy Local competitor also reported a profir in the first quarter, thoughu it was much lower than last year’s. Firsy Trust earned $638,000 in the latest quarter, down from $972,009 a year earlier.
The bank citeas higher provisions for loan amongother factors. Total assets and loans both increased 10% in the first quarter to $466 million and $338 million, respectively. “Despit e the challenges the banking industryis facing, First Trust Bank remains focusec on operating in a safe and sounds manner while providing value to our shareholders and funding to qualified borrowers,” says Jim Bolt, Firsr Trust chief executive. He adds: “While we hope for positivwe signs of recovery from this recession in the second halfof 2009, it remainss one of the most challenging years for the bankingt industry in recent history.
” this week reportede it leads the nation in refinancinhg Freddie Mac home loansd as part of the Obama administration’s Making Home Affordable The bank, which bought Charlotte-bases last year, says it refinanced $21 millionj in Freddie Mac loan in April. Altogether, the Cincinnati-based bank has refinancee $1.98 billion in home loans in the pasttwo months. Locapl marketing director George Dick saysFifth Third’s N.C. affiliate has seen its mortgags volume triple since the first ofthe year, mostly becaused of the refi boom. Charlotte small-business investor recently closeda $4 million investmenty in MPD Holdings, a Pennsylvania polymer manufacturer.
Part of the investmen helped fundthe MPD’s acquisition of Acme, N.C.-basedf Silar Laboratories, which makezs silicone products for high-tech MPD is the 23rd company to join Plexus’ portfolio. To Plexus has deployed $68 milliob of its first fund. Principal Bob Anderds says the company is working to raise capita l for a secondinvestment fund.
Saturday, March 31, 2012
A conversation with Brett Kaufman - Business First of Columbus:
lebexab.wordpress.com
investing and financing multifamily communitiew aroundthe country. The 34-year-old is a natives of Columbus. He holdss a bachelor’s degree in regional development fromthe . How has the recessiohn affected apartments? The rental marketf will be strong for the foreseeable future regardlesss ofthe recession. Residente consider apartment livinga smart, viable option equal to home Are Central Ohio renters paying more this year? Apartmenrt communities are largely driven by the same fundamentalw of good real location, quality construction, high-end service and management. Communities that are payingt attention to these critical components will always have an opportunityg toincrease rents.
National forecasts indicate apartmenr demand will be robust for the next 10 Can you forecast the apartment construction landscape for the rest of 2009 Construction starts will continue to be up as largerf demand for rentalhousing continues, land prices become reasonable and municipalitiez begin to welcome quality community development. This may be one of the strongestt for-rent markets we have seen in decades, becaused the tightened lending environmenrt is impactingdevelopers – and home How is the creditt market affecting developers? The markets have tightened and will probabl y limit the amount of developmentg that gets done.
However, lenders have to lend to stay in businesz and I think they understand the appealk of rental communitiesin today’s Why rent and not own? In the past, people were so quici to buy largely based on the myth that owning was a wiser decision. In fact, for many especially people who are not sure they want to own in one locationhlong term, renting was, is and will be the smarte option. Some big advantages to rentinf includea no-maintenance lifestyle, no real estate and no house to sell in the event of job Are landlords reluctant to accepr renters who have experienced a foreclosure?
They shoulxd look at the applicant’s total history and understandx that people, not just renters, purchasedr homes they eventually could not maybe because of loands with fluctuating rates, loss of jobs and other life Being lured into a home purchasr that turned out to be too good to be true doesn’ft automatically discount them as responsible You’ve announced a new apartment event for the public – what is the visiomn for this?
The first ever Apartments Aliver Rental Tour will be held June Our members and sponsors will display the quality and rang e of choices available across Central Ohio with the We hope this will give prospective residentd the opportunity to get a comprehensive look at what Columbus offer by showcasing a variety of apartment options. The tour will bringv the industry together to tour approximately 90 communities overa 10- day (More information about the tour can be founde at caahq.com.
)
investing and financing multifamily communitiew aroundthe country. The 34-year-old is a natives of Columbus. He holdss a bachelor’s degree in regional development fromthe . How has the recessiohn affected apartments? The rental marketf will be strong for the foreseeable future regardlesss ofthe recession. Residente consider apartment livinga smart, viable option equal to home Are Central Ohio renters paying more this year? Apartmenrt communities are largely driven by the same fundamentalw of good real location, quality construction, high-end service and management. Communities that are payingt attention to these critical components will always have an opportunityg toincrease rents.
National forecasts indicate apartmenr demand will be robust for the next 10 Can you forecast the apartment construction landscape for the rest of 2009 Construction starts will continue to be up as largerf demand for rentalhousing continues, land prices become reasonable and municipalitiez begin to welcome quality community development. This may be one of the strongestt for-rent markets we have seen in decades, becaused the tightened lending environmenrt is impactingdevelopers – and home How is the creditt market affecting developers? The markets have tightened and will probabl y limit the amount of developmentg that gets done.
However, lenders have to lend to stay in businesz and I think they understand the appealk of rental communitiesin today’s Why rent and not own? In the past, people were so quici to buy largely based on the myth that owning was a wiser decision. In fact, for many especially people who are not sure they want to own in one locationhlong term, renting was, is and will be the smarte option. Some big advantages to rentinf includea no-maintenance lifestyle, no real estate and no house to sell in the event of job Are landlords reluctant to accepr renters who have experienced a foreclosure?
They shoulxd look at the applicant’s total history and understandx that people, not just renters, purchasedr homes they eventually could not maybe because of loands with fluctuating rates, loss of jobs and other life Being lured into a home purchasr that turned out to be too good to be true doesn’ft automatically discount them as responsible You’ve announced a new apartment event for the public – what is the visiomn for this?
The first ever Apartments Aliver Rental Tour will be held June Our members and sponsors will display the quality and rang e of choices available across Central Ohio with the We hope this will give prospective residentd the opportunity to get a comprehensive look at what Columbus offer by showcasing a variety of apartment options. The tour will bringv the industry together to tour approximately 90 communities overa 10- day (More information about the tour can be founde at caahq.com.
)
Thursday, March 29, 2012
Merrill new to Nashville - Nashville Business Journal:
symowugebeda.blogspot.com
The people. Everyone here is so friendly and I am also enjoying the change in Orlando is already inthe 90’s. How does the business climate here compare? Orlando is primarily tourist Nashville seems to have a good mix ofvarious professions. What broughtt you to Nashville? The opportunity to work for the . My focuas is on The Icon and Velocitgy inthe Gulch. Where did you settle in town and why? My wife and I have narrowex it downto Brentwood, but we have not settledf down yet. Were schools a factot in where you decidecdto move? Yes. Schools are a majof factor formy family.
I have four sons and two are in We come from a greatf school in Celebration and are trying to recreate the same What did you know about the city beforre youmoved here, and does it hold true ? I always heard it was a great city and had a lot to offere everyone. So far, I am very impressed with the cultur e andthe people. Are there any amenities or option s you thinkNashville lacks? I can’t find seem to find a Nashville seems to have it all. Have you visitedf any Music Citytourist attractions? Not yet, but once I get the familty moved up here, I plan to visit them all. What has surprises you most about this area The numberof restaurants. Everywhere you turn, there are placesw to eat.
I love the diversity of choices. What recommendation wouldd you have for others who are newto town?? Get on a good exercise routine. The restaurants are all so and before youknow it, you are eating out every night. What’s the best restaurant you’vew eaten at so far and what did youorder ? Urban Flats. The reuben flatbread. Have you found a favorite localhangout yet? The Taprookm down on 12th South. Where’s the best local plac e to shop? Green Hills What hobbies do you have and have you donethem here? Mountain biking. I have not had a chancse to ride yet. And running. Have not run outsid e yet, only hit the treadmill.
The people. Everyone here is so friendly and I am also enjoying the change in Orlando is already inthe 90’s. How does the business climate here compare? Orlando is primarily tourist Nashville seems to have a good mix ofvarious professions. What broughtt you to Nashville? The opportunity to work for the . My focuas is on The Icon and Velocitgy inthe Gulch. Where did you settle in town and why? My wife and I have narrowex it downto Brentwood, but we have not settledf down yet. Were schools a factot in where you decidecdto move? Yes. Schools are a majof factor formy family.
I have four sons and two are in We come from a greatf school in Celebration and are trying to recreate the same What did you know about the city beforre youmoved here, and does it hold true ? I always heard it was a great city and had a lot to offere everyone. So far, I am very impressed with the cultur e andthe people. Are there any amenities or option s you thinkNashville lacks? I can’t find seem to find a Nashville seems to have it all. Have you visitedf any Music Citytourist attractions? Not yet, but once I get the familty moved up here, I plan to visit them all. What has surprises you most about this area The numberof restaurants. Everywhere you turn, there are placesw to eat.
I love the diversity of choices. What recommendation wouldd you have for others who are newto town?? Get on a good exercise routine. The restaurants are all so and before youknow it, you are eating out every night. What’s the best restaurant you’vew eaten at so far and what did youorder ? Urban Flats. The reuben flatbread. Have you found a favorite localhangout yet? The Taprookm down on 12th South. Where’s the best local plac e to shop? Green Hills What hobbies do you have and have you donethem here? Mountain biking. I have not had a chancse to ride yet. And running. Have not run outsid e yet, only hit the treadmill.
Tuesday, March 27, 2012
Ripping out Obamacare by the roots - Washington Times
oryzacody.wordpress.com
Washington Times | Ripping out Obamacare by the roots Washington Times That is why the court must kill Obamacare by cutting out its heart and killing its roots. If the individual mandate is found unconstitutional, the entire law is moot. What liberals have done through Obamacare is fan the flames of government tyranny and ... The Supreme Court a nd Health Care Reform Supreme Court justices moving to heart of health-care overhaul 'Obamacare' at the Supreme Court: Day One |
Sunday, March 25, 2012
Report: D.C. area posts a strong economic performance - San Francisco Business Times:
afanasenkobexa.blogspot.com
The report ranked the 100 largest U.S. metrio areas based on employment, unemployment rates, wages, gross metropolitanj product, housing prices and foreclosurw rates in thefirst quarter. D.C. rankedd No. 13, while San Antonio, Texas, placedd No. 1 and Detroit came in last at No. 100. “Al metropolitan areas are feelinb the effects ofthis recession, but the distresz is not shared equally,” said Alan research director of the metropolitan policy programm at the D.C. institute and co-authord of the report.
“While some areas of the country have experiencedf only ashallow downturn, and may be emerging from the recessiojn already, people living in metro areas that are now performinyg weakest economically should prepare themselves for a long recoverg period.” At the first quarter’s end, only 10 of the 100 metrol areas were starting to show signs of recovery, said the and said McAllen, Texas was the only placed that saw growth in employment and Output increased in just a handfukl of metro areas, including D.C.; Seattle; Austin, Texas; and Virginia Va..
The report also pointefd out that metro areas with concentrations of jobs in certain sectors have resulted in fewer dramatic job The Rankings: San Antonio, Texas Austin, Texas McAllen, Texasd Baton Rouge, La. Tulsa, Omaha, Neb. El Paso, Texas Wichita, Kan. Washington, D.C. N.M. Virginia Beach, Va. Pa. Pittsburgh, Pa. New Haven, Conn. N.Y.
The report ranked the 100 largest U.S. metrio areas based on employment, unemployment rates, wages, gross metropolitanj product, housing prices and foreclosurw rates in thefirst quarter. D.C. rankedd No. 13, while San Antonio, Texas, placedd No. 1 and Detroit came in last at No. 100. “Al metropolitan areas are feelinb the effects ofthis recession, but the distresz is not shared equally,” said Alan research director of the metropolitan policy programm at the D.C. institute and co-authord of the report.
“While some areas of the country have experiencedf only ashallow downturn, and may be emerging from the recessiojn already, people living in metro areas that are now performinyg weakest economically should prepare themselves for a long recoverg period.” At the first quarter’s end, only 10 of the 100 metrol areas were starting to show signs of recovery, said the and said McAllen, Texas was the only placed that saw growth in employment and Output increased in just a handfukl of metro areas, including D.C.; Seattle; Austin, Texas; and Virginia Va..
The report also pointefd out that metro areas with concentrations of jobs in certain sectors have resulted in fewer dramatic job The Rankings: San Antonio, Texas Austin, Texas McAllen, Texasd Baton Rouge, La. Tulsa, Omaha, Neb. El Paso, Texas Wichita, Kan. Washington, D.C. N.M. Virginia Beach, Va. Pa. Pittsburgh, Pa. New Haven, Conn. N.Y.
Friday, March 23, 2012
J. Jill to close one Jacksonville store - Dayton Business Journal:
zlatkopaisley1275.blogspot.com
Nine of the 75 stores to be closed are in including the one in The Avenues A secondJacksonville J. Jill location at the St. John s Town Center will remaihn open. In a statement announcing the Talbots President and CEO Trudy Sullivanj saidit “enables us to focus our resources and attention exclusively on rejuvenating our core Talbotws brand and return to profitable growth.” The transaction includes the transfer of certain assets and liabilitiee to the buyer, including a distributionm center in New Hampshire, the sublease of a portion of the Mass., headquarters and substantially all of the brand’zs intellectual property and inventories.
The remaininyg 204 stores will continue to operate underfthe J. Jill brand. The headquarters for the companhy will remainin Quincy. The J. Jill sale is expecte d to be completed in the secondf quarter and is subject to postclosing adjustments. San Franciscol based-Golden Gate Capital acquired Jacksonville-based Venus in 2006. The acquisitiomn was Golden Gate’s 11th in two years. Last montj Venus announced that all 290 employees were in jeopardy of losingv their jobs when the swimwear and ladies apparel compant lostits financing.
With its latestf catalog recentlybeing released, Venusd employees are still working, at least for now, and companyh executives are looking for a new buyer to acquire the
Nine of the 75 stores to be closed are in including the one in The Avenues A secondJacksonville J. Jill location at the St. John s Town Center will remaihn open. In a statement announcing the Talbots President and CEO Trudy Sullivanj saidit “enables us to focus our resources and attention exclusively on rejuvenating our core Talbotws brand and return to profitable growth.” The transaction includes the transfer of certain assets and liabilitiee to the buyer, including a distributionm center in New Hampshire, the sublease of a portion of the Mass., headquarters and substantially all of the brand’zs intellectual property and inventories.
The remaininyg 204 stores will continue to operate underfthe J. Jill brand. The headquarters for the companhy will remainin Quincy. The J. Jill sale is expecte d to be completed in the secondf quarter and is subject to postclosing adjustments. San Franciscol based-Golden Gate Capital acquired Jacksonville-based Venus in 2006. The acquisitiomn was Golden Gate’s 11th in two years. Last montj Venus announced that all 290 employees were in jeopardy of losingv their jobs when the swimwear and ladies apparel compant lostits financing.
With its latestf catalog recentlybeing released, Venusd employees are still working, at least for now, and companyh executives are looking for a new buyer to acquire the
Wednesday, March 21, 2012
BoB Spoils Lucky Lady In 'So Good' Video - MTV.com (blog)
grihanovveimavox.blogspot.com
BoB Spoils Lucky Lady In 'So Good' Video MTV.com (blog) Throughout the video BOB continuously spoils the lucky lady with exotic trips and luxurious gifts, escorting her to places like Buenos Aires amd Paris. In a recent interview BoB described the video saying, “It's basically me taking my significant other ... |
Monday, March 19, 2012
Segen appoints Jargon PR to manage press coverage - The Drum
gonyzyf.wordpress.com
The Drum | Segen appoints Jargon PR to manage press coverage The Drum Renewable energy distributor Segen has announced that it has appointed Jargon PR to manage its national reputation. The appointment will see jargon promote Segen's expertise in Solar Photovoltaic, Wind Turbines, Micro-Hydro and Solar Thermal renewable ... Jargon PR wins Segen brief |
Saturday, March 17, 2012
Second recession deemed possible - Business First of Columbus:
badillodacyroic1505.blogspot.com
Those odds may seem low, but they’re actuallt high since double-dip recessions are rare and the U.S. economt grows 95 percent of the time, says the chamber’s Martyy Regalia. He predicts the current economic downturn will endaroundr September. However, the unemployment rate will remainj high through the first half of next year andinvestment won’t snap back as quickly as it usually does after a recession, Regalia Inflation, however, looms as a potential problejm because of the federal government’s huge budget deficite and the massive amount of dollara pumped into the economy by the Federapl Reserve, he says.
“Thes economy has got to be runninb on its own by the middld ofnext year,” Regalia says. Almosr every major inflationary periodin U.S. history was precede d by heavydebt levels, he notes. The chancexs of a double-dip recession will be lower if Ben Bernanke is reappointe d chairman of theFederal Reserve, Regalia If President Barack Obama appoints his economic adviser Larr y Summers to chair the Fed, that would signa l the monetary spigot would remain open for a longet time, he predicts. A coalescing of the Fed and the Obamas administrationis “not something the markets want to see,” Regaliaa says.
Obama has declined to say whethe he willreappoint Bernanke, whose term ends in February.
Those odds may seem low, but they’re actuallt high since double-dip recessions are rare and the U.S. economt grows 95 percent of the time, says the chamber’s Martyy Regalia. He predicts the current economic downturn will endaroundr September. However, the unemployment rate will remainj high through the first half of next year andinvestment won’t snap back as quickly as it usually does after a recession, Regalia Inflation, however, looms as a potential problejm because of the federal government’s huge budget deficite and the massive amount of dollara pumped into the economy by the Federapl Reserve, he says.
“Thes economy has got to be runninb on its own by the middld ofnext year,” Regalia says. Almosr every major inflationary periodin U.S. history was precede d by heavydebt levels, he notes. The chancexs of a double-dip recession will be lower if Ben Bernanke is reappointe d chairman of theFederal Reserve, Regalia If President Barack Obama appoints his economic adviser Larr y Summers to chair the Fed, that would signa l the monetary spigot would remain open for a longet time, he predicts. A coalescing of the Fed and the Obamas administrationis “not something the markets want to see,” Regaliaa says.
Obama has declined to say whethe he willreappoint Bernanke, whose term ends in February.
Thursday, March 15, 2012
Tuesday, March 13, 2012
UK police arrest Rebekah Brooks, 5 others in newspaper phone hacking investigation - Washington Post
oryzacody.wordpress.com
International Business Times | UK police arrest Rebekah Brooks, 5 others in newspaper phone hacking investigation Washington Post LONDON â€" British police made six arrests early Tuesday in the British media's phone hacking scandal, including Rebekah Brooks, the former top executive of Rupert Murdoch's News International, The Associated Press has learned. UK Police Arrest Rebekah Brooks, Husband, Others In News Corp Probe |
Sunday, March 11, 2012
To boost sales, check your optimism level - The Business Journal of the Greater Triad Area:
ovaluleq.wordpress.com
Here’s a thought: Take a look at a soft emotiona l intelligence skill that yields hardsales results, optimism. There is evidencse that supports the theory that salee teams possessing high levels of optimism make companiesamore money. One of the best case studiexs comes from the work that psychologist Martin Seligman did with Metropolitan Life in New He convinced Met Life to give him access to thei r new employees and administer the usual as well as a new test he developef thatmeasured optimism. He followed the progress of new salespeopld for one year and found that salespeople who scoreds high in optimism sold 33 percent more insurance than thoswe whoscored low.
Aftee two years, the optimisti group of salespeople were thriving intheir positions, whicgh increased retention and decreasefd the costs associated with turnover and increased sales. How optimistic is your organization ? There is a lot of press on theswine flu, and peoplw are worried about catching it. There is another epidemic to watchg out forin today’s economy: pessimism. It can be deadlu when it hits an organization because emotionare contagious. The clinical term is emotional contagion and is definedas “the transmission of moods.” When people are in a certaij mood — happy or depressed — that mood is ofte communicated to others.
What is the mood at your company A sales manager shares the storu of a rep who started every conversationb in the lastdownturn with, “You probablh don’t have any money so you don’gt want to buy …” The self-fulfillingy prophecy was set by the salesperson, and the prospecrt followed the salesperson’s lead. No deal. So what can you do to stop the epidemivcof pessimism? Study and duplicate optimistic salespeople. When facede with adversity, optimistic salespeople ask themselves: • What’s good about this? They know that adversityy is where true character is formed and great lessonwsare taught.
Optimists take advantagee of this schooling because they know that lessones learned today make money inthe future. What can I do about this situation ? Optimists know that control equals action yields results and resultsincrease • What is funny about this ? Humor is a great way to relievse stress, which frees up the mind for creativity and Optimistic salespeople take control. They know sales is the greatest profession to be in during a They can meet with mentors who can help them look at anothef way of doing businesa intough times. They can outwork their competitors. They can investt in learning and outsmarttheier competitor.
Optimistic salespeople manage results, not
Here’s a thought: Take a look at a soft emotiona l intelligence skill that yields hardsales results, optimism. There is evidencse that supports the theory that salee teams possessing high levels of optimism make companiesamore money. One of the best case studiexs comes from the work that psychologist Martin Seligman did with Metropolitan Life in New He convinced Met Life to give him access to thei r new employees and administer the usual as well as a new test he developef thatmeasured optimism. He followed the progress of new salespeopld for one year and found that salespeople who scoreds high in optimism sold 33 percent more insurance than thoswe whoscored low.
Aftee two years, the optimisti group of salespeople were thriving intheir positions, whicgh increased retention and decreasefd the costs associated with turnover and increased sales. How optimistic is your organization ? There is a lot of press on theswine flu, and peoplw are worried about catching it. There is another epidemic to watchg out forin today’s economy: pessimism. It can be deadlu when it hits an organization because emotionare contagious. The clinical term is emotional contagion and is definedas “the transmission of moods.” When people are in a certaij mood — happy or depressed — that mood is ofte communicated to others.
What is the mood at your company A sales manager shares the storu of a rep who started every conversationb in the lastdownturn with, “You probablh don’t have any money so you don’gt want to buy …” The self-fulfillingy prophecy was set by the salesperson, and the prospecrt followed the salesperson’s lead. No deal. So what can you do to stop the epidemivcof pessimism? Study and duplicate optimistic salespeople. When facede with adversity, optimistic salespeople ask themselves: • What’s good about this? They know that adversityy is where true character is formed and great lessonwsare taught.
Optimists take advantagee of this schooling because they know that lessones learned today make money inthe future. What can I do about this situation ? Optimists know that control equals action yields results and resultsincrease • What is funny about this ? Humor is a great way to relievse stress, which frees up the mind for creativity and Optimistic salespeople take control. They know sales is the greatest profession to be in during a They can meet with mentors who can help them look at anothef way of doing businesa intough times. They can outwork their competitors. They can investt in learning and outsmarttheier competitor.
Optimistic salespeople manage results, not
Friday, March 9, 2012
The downsizing of Midwest Air - The Business Journal of Milwaukee:
http://irecyclemybooks.com/christian-book/art_16.htm
On Jan. 1, , which operates Midwes t Airlines and regional carrier Midwest offered non-stop service to 47 employed nearly 3,400 workers and had 58 Blaming sky-high fuel costs, Midwest management has taken stepzs over the past several months to dramaticallyt reduce the size of the as jobs have been slashed, routes dropped and aircrafyt grounded or returned to the manufacturer. The cuts went even deeperf when Midwestannounced Sept. 3 that it reachedd an agreement with on renegotiated leasess for its fleet ofBoeingb 717s.
Under the terms of the agreement, Midwest will continue to fly nine of the originapl 25 Boeing 717s it had under lease for itsmainlin fleet, returning 16 to Boeing this fall. And, in October, will operatre 12 smaller Embraer 170 jets unde r the Midwest Connect brans to fill some of the Once all pieces of the deal with Republicf arein place, the numbere of Midwest employees will have been cut by more than half sincse January, with employment dropping to about 1,500.
Aftetr all schedule changes are theOak Creek-based airline operator will provide nonstoop service to 32 cities and its fleet will be reducedr to nine 717s, the 12 Embraere 170 jets operated by Republic and 12 Canadaier regional jets operated by . Jay Sorensen, a former Midwestr marketing manager who now operatez a Shorewood airlineconsulting firm, said the agreemenrt with Republic represents a “continued demisw of Midwest and its brand.” “j think that this reflects a failure of senior leadership and of Sorensen said. “The only news that has come outof Midwest’ corporate headquarters over the past year has been bad.
” The Republicc deal is “burdened” by the need for Midwesr and its vendor to make a profit and leaves Midwest with a “hodgepodge of a Sorensen said. “How can they talk abougt a superior product when they only have nine of their own Sorensen said. “The producr is all over the map. The only thiny that has been consistenty isthe (baked-on-board) cookies and the cookieas have become a sad joke.
” Midwesf spokesman Michael Brophy said managemeng has been forced to reshape the airliner due to difficult economic “Monday morning quarterbacking is easy, but managingt an airline in this environmenrt requires versatility and hard work,” Brophg said. “We will let our customers do the talkinvg for us in terms of our In conjunction with the airlineservices agreement, Midwest also announced that it had securerd $60 million in financing as it continuexs to work to avoid a Chapter 11 bankruptcy filing. “For the foreseeablwe future, we are out from under the cloud of unless oil shoots upto $200 a barrel, then the game changeas again,” Brophy said.
The new financinf commitment isfrom Midwest’s majoritu owner, , and , the Indianapolis-based airlinre holding company that operates Republic Airlines.
On Jan. 1, , which operates Midwes t Airlines and regional carrier Midwest offered non-stop service to 47 employed nearly 3,400 workers and had 58 Blaming sky-high fuel costs, Midwest management has taken stepzs over the past several months to dramaticallyt reduce the size of the as jobs have been slashed, routes dropped and aircrafyt grounded or returned to the manufacturer. The cuts went even deeperf when Midwestannounced Sept. 3 that it reachedd an agreement with on renegotiated leasess for its fleet ofBoeingb 717s.
Under the terms of the agreement, Midwest will continue to fly nine of the originapl 25 Boeing 717s it had under lease for itsmainlin fleet, returning 16 to Boeing this fall. And, in October, will operatre 12 smaller Embraer 170 jets unde r the Midwest Connect brans to fill some of the Once all pieces of the deal with Republicf arein place, the numbere of Midwest employees will have been cut by more than half sincse January, with employment dropping to about 1,500.
Aftetr all schedule changes are theOak Creek-based airline operator will provide nonstoop service to 32 cities and its fleet will be reducedr to nine 717s, the 12 Embraere 170 jets operated by Republic and 12 Canadaier regional jets operated by . Jay Sorensen, a former Midwestr marketing manager who now operatez a Shorewood airlineconsulting firm, said the agreemenrt with Republic represents a “continued demisw of Midwest and its brand.” “j think that this reflects a failure of senior leadership and of Sorensen said. “The only news that has come outof Midwest’ corporate headquarters over the past year has been bad.
” The Republicc deal is “burdened” by the need for Midwesr and its vendor to make a profit and leaves Midwest with a “hodgepodge of a Sorensen said. “How can they talk abougt a superior product when they only have nine of their own Sorensen said. “The producr is all over the map. The only thiny that has been consistenty isthe (baked-on-board) cookies and the cookieas have become a sad joke.
” Midwesf spokesman Michael Brophy said managemeng has been forced to reshape the airliner due to difficult economic “Monday morning quarterbacking is easy, but managingt an airline in this environmenrt requires versatility and hard work,” Brophg said. “We will let our customers do the talkinvg for us in terms of our In conjunction with the airlineservices agreement, Midwest also announced that it had securerd $60 million in financing as it continuexs to work to avoid a Chapter 11 bankruptcy filing. “For the foreseeablwe future, we are out from under the cloud of unless oil shoots upto $200 a barrel, then the game changeas again,” Brophy said.
The new financinf commitment isfrom Midwest’s majoritu owner, , and , the Indianapolis-based airlinre holding company that operates Republic Airlines.
Wednesday, March 7, 2012
Johnny Isakson: Ohio will make 'great' night for Mitt Romney, 'terrific' night ... - Atlanta Journal Constitution (blog)
caloloary.blogspot.com
Daily Mail | Johnny Isakson: Ohio will make 'great' night for Mitt Romney, 'terrific' night ... Atlanta Journal Constitution (blog) If Romney is able to pull Ohio out, and add it to Vermont, Virginia and Massachusetts, he will have had a great night. If Santorum pulls off Ohio, he will have had a terrific night. As for Newt Gingrich, Isakson had this as sessment, post-Georgia: “He ... Mitt's great escape on Super Tuesday: Romney ekes out narrow win in Ohio but ... In Ohio, second-place Santorum shows staying power Rick Santorum's Super Tuesday speech (full transcript, video) |
Sunday, March 4, 2012
Warren Buffett sells remaining Constellation shares - Baltimore Business Journal:
vlastaowibopaj.blogspot.com
Buffett, his company (NYSE: BRK.A, BRK.B), and that company’s subsidiary , are each no longert stockholders inConstellation (NYSE: CEG), according to a form with the Securitiez and Exchange Commission filed Monday. They have been slowlyt divesting the stock over the past weekzand months, owning 7.3 percent in February and 6.3 percentr last month. The sale ends the relationshi between the investorand Constellation, one of two Fortunw 500 companies in Baltimore City. Iowa-bases MidAmerican got a 10 percent stakew in Constellation whenits $4.7 billiob bid for the company made in Septembed was rejected three monthz late.
That offer came after a cash crunch led to a steepp declinein Constellation’s stocok price over several days and some investors feared bankruptcy. Constellation spurned the offer in favor of a deal tosell 49.99 percen of its nuclear business for $4.5 billioh to French firm , which had also been in the biddingg for the company in For the cancelation, Constellatiomn had to pay $175 million in breakul fees and $418 million for stocks. It also had to repau a $1 billion loan from Buffet with 14percent interest. A decision on whether the deal with EDF requirexs Maryland approval is expected ina week. The deal is expecte d to closethis fall.
Buffett, his company (NYSE: BRK.A, BRK.B), and that company’s subsidiary , are each no longert stockholders inConstellation (NYSE: CEG), according to a form with the Securitiez and Exchange Commission filed Monday. They have been slowlyt divesting the stock over the past weekzand months, owning 7.3 percent in February and 6.3 percentr last month. The sale ends the relationshi between the investorand Constellation, one of two Fortunw 500 companies in Baltimore City. Iowa-bases MidAmerican got a 10 percent stakew in Constellation whenits $4.7 billiob bid for the company made in Septembed was rejected three monthz late.
That offer came after a cash crunch led to a steepp declinein Constellation’s stocok price over several days and some investors feared bankruptcy. Constellation spurned the offer in favor of a deal tosell 49.99 percen of its nuclear business for $4.5 billioh to French firm , which had also been in the biddingg for the company in For the cancelation, Constellatiomn had to pay $175 million in breakul fees and $418 million for stocks. It also had to repau a $1 billion loan from Buffet with 14percent interest. A decision on whether the deal with EDF requirexs Maryland approval is expected ina week. The deal is expecte d to closethis fall.
Friday, March 2, 2012
Lance Hicks Selected For "2011 Orange County Wealth Managers" - MarketWatch (press release)
vykyvimote.wordpress.com
Lance Hicks Selected For "2011 Orange County Wealth Managers" MarketWatch (press release) IRVINE, Calif., March 2, 2012 /PRNewswire via COMTEX/ -- Lance Hicks of Irvine, CA has been honored with a recognition by Orange Coast Magazine in its selection of "2011 Orange County Wealth Managers." Announcing a special recognition appearing in the ... |
Wednesday, February 29, 2012
Cabot to close two offices, shift operations - Philadelphia Business Journal:
afanasenkobexa.blogspot.com
The Houston-based natural gas producer’s officese in Charleston, W.Va., and Denver will be affectef bythe closings. The plan includes opening a new regionalk office in Pittsburgh that will manage the Pennsylvaniza and West Virginia assetxs as well as those in theRockyu Mountains, according to Scott Schroeder, a spokesman for Cabot. Schroeder says about 85 employees will be affecte bythe shift, with roughly 50 beintg asked to move to eithefr Pittsburgh or Houston. Some North region operation will remain inWest Virginia. Phil the previous West region manager, has accepted the North regional manager position. Cabot will now operatse from a North and South regional Schroeder said.
The company its officd in Calgary, Alberta earlier this monthj to an unidentified private Canadiabn company forabout $64 million in cash and $19 milliob in new equity. Additionally, Cabot’s Gulf Coast assetse — which operate from Houston — will be combinee with its mid-continent assets to form a new South region managedf byMatt Reid, the current the Gulf Coastf regional manager. In relation to the changes, Thomas Liberatorew has resigned as vice president of theEast region. Cabogt (NYSE: COG) expects to put aside betweemn $3.
5 million and $5 million in pre-taxd dollars to cover the
The Houston-based natural gas producer’s officese in Charleston, W.Va., and Denver will be affectef bythe closings. The plan includes opening a new regionalk office in Pittsburgh that will manage the Pennsylvaniza and West Virginia assetxs as well as those in theRockyu Mountains, according to Scott Schroeder, a spokesman for Cabot. Schroeder says about 85 employees will be affecte bythe shift, with roughly 50 beintg asked to move to eithefr Pittsburgh or Houston. Some North region operation will remain inWest Virginia. Phil the previous West region manager, has accepted the North regional manager position. Cabot will now operatse from a North and South regional Schroeder said.
The company its officd in Calgary, Alberta earlier this monthj to an unidentified private Canadiabn company forabout $64 million in cash and $19 milliob in new equity. Additionally, Cabot’s Gulf Coast assetse — which operate from Houston — will be combinee with its mid-continent assets to form a new South region managedf byMatt Reid, the current the Gulf Coastf regional manager. In relation to the changes, Thomas Liberatorew has resigned as vice president of theEast region. Cabogt (NYSE: COG) expects to put aside betweemn $3.
5 million and $5 million in pre-taxd dollars to cover the
Monday, February 27, 2012
Menswear store Harleys moving to Lakewood Building - Silicon Valley / San Jose Business Journal:
http://live-problem.com/node/132
Owner Tim Ryan had said late in 2008 that he was plannin to remodel and cut 50 percent ofthe store’xs floor space at 4009 N. Oakland Ave. Ryan announced Tuesday the store will relocat e toa 4,100-square-foot space in the Lakewood Building, 3575 N. Oaklancd Ave., in September. Ryan, who owns Harleys with his Janet, said he wanted to stay in “This is our home and we are deeply committef tothe community,” he said. Ryan said one of the advantagee of the new siteis off-streeyt parking. The Lakewood Building, a mixed-use residential/commercial property constructed in is undergoinga $1.2 million The building is owned by Garrett McIntosh.
Harleys has contractecd with architect Stephen Bollingbroke of Development Collaborative Limited in Mequon to do aninteriotr buildout. The village of Shorewood provided financial incentivew to both the building owner and Harleys to improve the facaded and interior space of theLakewood
Owner Tim Ryan had said late in 2008 that he was plannin to remodel and cut 50 percent ofthe store’xs floor space at 4009 N. Oakland Ave. Ryan announced Tuesday the store will relocat e toa 4,100-square-foot space in the Lakewood Building, 3575 N. Oaklancd Ave., in September. Ryan, who owns Harleys with his Janet, said he wanted to stay in “This is our home and we are deeply committef tothe community,” he said. Ryan said one of the advantagee of the new siteis off-streeyt parking. The Lakewood Building, a mixed-use residential/commercial property constructed in is undergoinga $1.2 million The building is owned by Garrett McIntosh.
Harleys has contractecd with architect Stephen Bollingbroke of Development Collaborative Limited in Mequon to do aninteriotr buildout. The village of Shorewood provided financial incentivew to both the building owner and Harleys to improve the facaded and interior space of theLakewood
Saturday, February 25, 2012
Wadkins finds her dream job in Bayer Properties' finance dept. - Birmingham Business Journal:
edibin.wordpress.com
She manages all the finance and accounting functiond for the company and the more than 4 milliom square feet of commercial propertyit owns, leases, manages and is developinhg across the country. “This is absolutely the job I Wadkins said. “This is the job I’vee always strived for.” Her interest in accountiny and finance began inhigh school. She went to a smalol high school in northwest Alabama wherw they happened to offer an elective clasesin accounting, a rarity for a schoop that size. “I liked the clasd and the teacher and that led me to Wadkins said.
After graduatiny from the University of Alabama with an accounting degrewe and receiving her MBA fromthe , her firs t job out of college was in the accounting and finance departmente at She then moved to , where she worked as the directo of finance and did a little bit of everything from treasury analysis and auditing to human “Working for a retail company, you really get exposed to a lot of differentf areas,” she said. “That experience really openec up a lot of doorsa for meto learn.” In 2005, Wadkins joinedf Bayer Properties as controller.
She was promoted to her current positionj at the commercial real estate developer in 2008 and is also a membe r ofthe firm’s executive committee. Aside from leadiny the financial operations of themajod developer, Wadkins has taken on new volunteeringf responsibilities in the community. At the beginning of the year, she joinesd the board of the and quickly realized that the organizatioh does a lot more thananybody realizes. “Theyu help so many peoplde in so many communities in so many she said. St.
Jude Children’zs Research Hospital is another organization closer toher heart, but for a much more persona l reason – some of Wadkin’s family members have a rare diseasew and the hospital provides the medicine for all her affectedx family members for their lifetime. She also is a supportee of the and helped build an indoor golf courses for special needs studentsat . It’s a few more ways for Wadkinsz to do a little bitof
She manages all the finance and accounting functiond for the company and the more than 4 milliom square feet of commercial propertyit owns, leases, manages and is developinhg across the country. “This is absolutely the job I Wadkins said. “This is the job I’vee always strived for.” Her interest in accountiny and finance began inhigh school. She went to a smalol high school in northwest Alabama wherw they happened to offer an elective clasesin accounting, a rarity for a schoop that size. “I liked the clasd and the teacher and that led me to Wadkins said.
After graduatiny from the University of Alabama with an accounting degrewe and receiving her MBA fromthe , her firs t job out of college was in the accounting and finance departmente at She then moved to , where she worked as the directo of finance and did a little bit of everything from treasury analysis and auditing to human “Working for a retail company, you really get exposed to a lot of differentf areas,” she said. “That experience really openec up a lot of doorsa for meto learn.” In 2005, Wadkins joinedf Bayer Properties as controller.
She was promoted to her current positionj at the commercial real estate developer in 2008 and is also a membe r ofthe firm’s executive committee. Aside from leadiny the financial operations of themajod developer, Wadkins has taken on new volunteeringf responsibilities in the community. At the beginning of the year, she joinesd the board of the and quickly realized that the organizatioh does a lot more thananybody realizes. “Theyu help so many peoplde in so many communities in so many she said. St.
Jude Children’zs Research Hospital is another organization closer toher heart, but for a much more persona l reason – some of Wadkin’s family members have a rare diseasew and the hospital provides the medicine for all her affectedx family members for their lifetime. She also is a supportee of the and helped build an indoor golf courses for special needs studentsat . It’s a few more ways for Wadkinsz to do a little bitof
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