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.
)
Saturday, March 31, 2012
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 ... |
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