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million, or 72 cents per share, in the secondr quarter, as the weak economy continuex to exact a toll on the officialssaid Monday. The loss compareas with a profitof $4.2 million, or 18 cent per share, in the same quarter a year earlier. Denver-basedc CoBiz (NASDAQ: COBZ) owns and Arizonaw Business Bank. The latest quarter’s results includd a $35.1 million pre-tax provisiomn for loan and credit losses, or 150 percent of net charge-offsa — which were $23.4 million — for the “We continue to take a conservativde posture in our provisioning forloan losses,” Chairmanb and CEO Steve Bangert said in a statement.
“Ourr second quarter provision brings our allowance to loan ratio tonearly 3.9 percent, one of the strongest in the industry. While I remain confidenft in oursenior management’s ability to effectively respond to the currentt credit obstacles, we felt it was prudent to continur building the allowance given the uncertainty in the Nonperforming assets ended the quarter at $93.9i million, or 3.7 percent of total up from $52.5 million or 2 percent of total asset s on March 31. Separately on Monday, CoBizx said it had begun a sale ofabou $45 million of its common stock.
It will use the proceedsa for generalcorporate purposes, including supportingb the capital needs of its bank subsidiary, expanding possible acquisitions and working capitalp needs. Last week, CoBis announced it had hired Colorado and Arizonamarket presidents, , to oversese banking operations in each “We remain focused on building our franchiswe during these challenging times and want to ensurre we are positioned to take advantage of uniquew market opportunities that we expect will present Bangert said.
“To that end, we recently announced the hiring of Colorado and Arizona market presidentsz who will oversee all banking operationse in theirrespective markets, provide direction for futur e growth and free up some of our existing resources to focus on high quality business development We will also continue to dedicate appropriatr resources through our Special Assets Grou to address resolution of problem
Monday, December 31, 2012
Saturday, December 29, 2012
Letton-Hall awarded deepwater research contract - Houston Business Journal:
viningocouqyl1601.blogspot.com
“This project is significant becauseif successful, it will clearr the way to more affordable, more realistic deepwater production,” said Jim a spokesman for RPSEA. “The current situatiom in deepwater exploration is that often companies drilkl several deepwater wells andcommingle production. Measuring the flow from each well and allocating the oil and gas production is a big issue atthose depths,” Chitwood said. Both the Department of Interiofr and have called for advances in technology to address issues in measuringv and monitoring deepwater production and this project is expected to addresxs thosetechnology gaps.
Funding for the projec t comes from the federal government plus a coalition of oil and gas companieseincluding , , , , , and . The Letton-Hall research team plans to also draw on the deepwatef expertiseof Houston-based , a global leader in remotely operatexd subsea vehicles. RPSEA projects are authorized and funded by the Energyh Policy Act of 2005 through lease bonuses and royalties paid by industryh to produce oil and gas onfederakl lands.
“This project is significant becauseif successful, it will clearr the way to more affordable, more realistic deepwater production,” said Jim a spokesman for RPSEA. “The current situatiom in deepwater exploration is that often companies drilkl several deepwater wells andcommingle production. Measuring the flow from each well and allocating the oil and gas production is a big issue atthose depths,” Chitwood said. Both the Department of Interiofr and have called for advances in technology to address issues in measuringv and monitoring deepwater production and this project is expected to addresxs thosetechnology gaps.
Funding for the projec t comes from the federal government plus a coalition of oil and gas companieseincluding , , , , , and . The Letton-Hall research team plans to also draw on the deepwatef expertiseof Houston-based , a global leader in remotely operatexd subsea vehicles. RPSEA projects are authorized and funded by the Energyh Policy Act of 2005 through lease bonuses and royalties paid by industryh to produce oil and gas onfederakl lands.
Thursday, December 27, 2012
Brotherly collaboration one key to success for Mark and Lee Askew's separate firms - Memphis Business Journal:
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Brothers Lee Askew and Mark Askew have collaborated on several projectsincludintg , the International Paper data center and various FedEx freight canopies and sort buildings. Lee Askew, presiden t at Askew Nixon Ferguson Architects, Inc., opened his officew in 1976. Mark Askew, president of Askew Hargravea Harcourt & Associates, Inc., established his engineering firmin 1985. Each company has been able to make a name for itselcf in theMemphis area. Askew Nixon has experience in projectw acrossthe board, ranging from churchee and schools to hospitals and hotels.
Askew Hargraves, which is being rebranded as A2H, has projecy teams that specializein surveying, land development, civil structural engineering, mechanical engineering and landscape architecture. The two openex separate firms in an effort to not subjugateeach other'sw work. "Some families can't have Thanksgiving dinner peacefullyonce they've let busineszs get between them," Lee Askew says. "That has never happened with us -- hopefullt it never will." Lee Askew is the oldesr of six children. Mark Askewe is the third child with a sister between Leeand him. They attribut e much of their success totheir father'e encouragement and support.
"Our father alwaye helped us as much as he LeeAskew says. "He sent me $50 during collegs each month -- as much as he coul d afford with six hungry mouths at Lee Askew graduatedfrom ; Mark Askeqw graduated from the . Their family-oriented beginningsd have helped them continue with wives and children oftheir own. Lee Askew has been married for 34 years to Annettde Hockey withfour children, one of whom work for his firm. Mark Askew married Becky Berlimn 32 years ago and hasthrese children, one of whom is a risin g local singer. David Dando, president of the general contractinyfirm MCDR, Inc., has worked with the two on severa projects over the years.
Being brotherzs has not had a negative effectr on how they conduct business together, Dando says. "They are very practical, cooperativ e and client oriented," Dando says. "Theyh make a good team because there is good communicatiomnbetween them." The two are good at says Ron Harrison, director of properties for St. George's Independen t School. "They helped St. George's presengt the image we wanted, and that has encouraged us to continus our relationshipwith them," Harrison says. Lee and Mark Askee worked on St. George's Colliervillde campus and each have worked separatelyg on several additions to each ofthe school'as three campuses.
They work together so successfully becaus of the honesty they share as LeeAskew says. They only use each other in a projecty if the opportunity presentzitself -- one brother never forces a client to use the other's services, Mark Askew says. "Engineerw and architects work so differently on the same project that it has allowed us to work together and separatelgypretty successfully," Mark Askew says, smiling. "But, of course, he is my oldere brother, so half the time, I hate him." Askew Nixo n Ferguson Architects, Inc. Web site: Askew Hargraves Harcourft & Associates, Inc.
Web site:
Brothers Lee Askew and Mark Askew have collaborated on several projectsincludintg , the International Paper data center and various FedEx freight canopies and sort buildings. Lee Askew, presiden t at Askew Nixon Ferguson Architects, Inc., opened his officew in 1976. Mark Askew, president of Askew Hargravea Harcourt & Associates, Inc., established his engineering firmin 1985. Each company has been able to make a name for itselcf in theMemphis area. Askew Nixon has experience in projectw acrossthe board, ranging from churchee and schools to hospitals and hotels.
Askew Hargraves, which is being rebranded as A2H, has projecy teams that specializein surveying, land development, civil structural engineering, mechanical engineering and landscape architecture. The two openex separate firms in an effort to not subjugateeach other'sw work. "Some families can't have Thanksgiving dinner peacefullyonce they've let busineszs get between them," Lee Askew says. "That has never happened with us -- hopefullt it never will." Lee Askew is the oldesr of six children. Mark Askewe is the third child with a sister between Leeand him. They attribut e much of their success totheir father'e encouragement and support.
"Our father alwaye helped us as much as he LeeAskew says. "He sent me $50 during collegs each month -- as much as he coul d afford with six hungry mouths at Lee Askew graduatedfrom ; Mark Askeqw graduated from the . Their family-oriented beginningsd have helped them continue with wives and children oftheir own. Lee Askew has been married for 34 years to Annettde Hockey withfour children, one of whom work for his firm. Mark Askew married Becky Berlimn 32 years ago and hasthrese children, one of whom is a risin g local singer. David Dando, president of the general contractinyfirm MCDR, Inc., has worked with the two on severa projects over the years.
Being brotherzs has not had a negative effectr on how they conduct business together, Dando says. "They are very practical, cooperativ e and client oriented," Dando says. "Theyh make a good team because there is good communicatiomnbetween them." The two are good at says Ron Harrison, director of properties for St. George's Independen t School. "They helped St. George's presengt the image we wanted, and that has encouraged us to continus our relationshipwith them," Harrison says. Lee and Mark Askee worked on St. George's Colliervillde campus and each have worked separatelyg on several additions to each ofthe school'as three campuses.
They work together so successfully becaus of the honesty they share as LeeAskew says. They only use each other in a projecty if the opportunity presentzitself -- one brother never forces a client to use the other's services, Mark Askew says. "Engineerw and architects work so differently on the same project that it has allowed us to work together and separatelgypretty successfully," Mark Askew says, smiling. "But, of course, he is my oldere brother, so half the time, I hate him." Askew Nixo n Ferguson Architects, Inc. Web site: Askew Hargraves Harcourft & Associates, Inc.
Web site:
Tuesday, December 25, 2012
Tuskegee Airmen ask for help to build statue in Petersburg - The Virginian-Pilot
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Tuskegee Airmen ask for help to build statue in Petersburg The Virginian-Pilot Members of the Tuskegee Airmen are asking for help to honor one of their own with a statue of the legendary pilot from Virginia. Petersburg native Lt. Col. Howard Baugh began training with the Tuskegee Airmen at the age of 21 as part of the country's ... Tuskegee Airmen ask for holiday help to build statue |
Monday, December 24, 2012
Cordray rejects 1st try at casino petition language - Dayton Business Journal:
afyfojahejus.blogspot.com
Cordray, in a letter to the committee backing thecasino initiative, said the wording in the petitiojn doesn’t constitute a fair and truthfulk summary of the proposed constitutional Paperwork arrived at Cordray’s office March 12 for the initiative, whicu would ask voters to approve building casinoas in Cleveland, Cincinnati, Toledo and on the western edge of the Arensa District in Columbus. Wyomissing, Pa.-based and owner Dan Gilbert would be the investors inthe $1 billiojn proposal. Cordray told the casino committee thatthe petition’zs summary of locations included in the proposal references citiesx but should be improved to include exacf locations.
That would assure thosd signing thepetition aren’t misled that the citiee have the option of where to placed the casinos, Cordray wrote. The state’s top government lawyetr also pointed to wording in the petition detailingb parameters ontaxing gamblers’ Cordray wrote that the petition’s wording contains a “substantial change” in Ohio law. That law currentlhy dictates that gambling winnings are taxable by the state asordinary income, but the petition’s language impliezs winnings wouldn’t be Bob Tenenbaum, a spokesman for the , whic h is backing the initiative, said the wordingy was unintentional and will be corrected.
“What he’s implying was not our intention,” Tenenbaumm said. The committee, which collected 1,000 signaturew before bringing the petition languager tothe state, must collect another 1,000o before delivering the revisions, which Tenenbaumk said could take place in as littlew as a day to complete.
Cordray, in a letter to the committee backing thecasino initiative, said the wording in the petitiojn doesn’t constitute a fair and truthfulk summary of the proposed constitutional Paperwork arrived at Cordray’s office March 12 for the initiative, whicu would ask voters to approve building casinoas in Cleveland, Cincinnati, Toledo and on the western edge of the Arensa District in Columbus. Wyomissing, Pa.-based and owner Dan Gilbert would be the investors inthe $1 billiojn proposal. Cordray told the casino committee thatthe petition’zs summary of locations included in the proposal references citiesx but should be improved to include exacf locations.
That would assure thosd signing thepetition aren’t misled that the citiee have the option of where to placed the casinos, Cordray wrote. The state’s top government lawyetr also pointed to wording in the petition detailingb parameters ontaxing gamblers’ Cordray wrote that the petition’s wording contains a “substantial change” in Ohio law. That law currentlhy dictates that gambling winnings are taxable by the state asordinary income, but the petition’s language impliezs winnings wouldn’t be Bob Tenenbaum, a spokesman for the , whic h is backing the initiative, said the wordingy was unintentional and will be corrected.
“What he’s implying was not our intention,” Tenenbaumm said. The committee, which collected 1,000 signaturew before bringing the petition languager tothe state, must collect another 1,000o before delivering the revisions, which Tenenbaumk said could take place in as littlew as a day to complete.
Sunday, December 23, 2012
Avigen revenue falls in Q3 - San Francisco Business Times:
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The biotechnology company reported a net lossof $6.5 or 32 cents a on revenue of $8,000 for the quarter ended Sept. 30. Last year over the same the company reported a net lossof $6.9 or 34 cents a on revenue of $140,000. Analysts surveyed by Thomsonn First Call estimated a net loss of 33 Total operating expenses for the most recent quarterwas $6.9 compared to $7.7 million for the same period in 2003.
In the company announced a restructuring andlayoffd plan, cutting its work force by 40 In a statement, Kenneth Chahine, the company'd chief executive officer, said that the quarter's financialo results are in line with managementy expectations and consistent with the company's realigned producf development strategy. As of Sept. 30, the companty had approximately $81 million in cash equivalents, available-for-sale securities and restricter investments. Shares of the company (NASDAQ: AVGN) were up 6.7 percen to $3.37 at midday.
The biotechnology company reported a net lossof $6.5 or 32 cents a on revenue of $8,000 for the quarter ended Sept. 30. Last year over the same the company reported a net lossof $6.9 or 34 cents a on revenue of $140,000. Analysts surveyed by Thomsonn First Call estimated a net loss of 33 Total operating expenses for the most recent quarterwas $6.9 compared to $7.7 million for the same period in 2003.
In the company announced a restructuring andlayoffd plan, cutting its work force by 40 In a statement, Kenneth Chahine, the company'd chief executive officer, said that the quarter's financialo results are in line with managementy expectations and consistent with the company's realigned producf development strategy. As of Sept. 30, the companty had approximately $81 million in cash equivalents, available-for-sale securities and restricter investments. Shares of the company (NASDAQ: AVGN) were up 6.7 percen to $3.37 at midday.
Friday, December 21, 2012
CONSIDER THIS: Aaron Sorkin gives a frack about 'Promised Land' - Entertainment Weekly
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mediabistro.com | CONSIDER THIS: Aaron Sorkin gives a frack about 'Promised Land' Entertainment Weekly Academy Awards voting is in full swing, and EW's Prize Fighter has spent the week asking folks with Oscar histories of their own to share their personal favorites of the year. Aaron Sorkin, who had an adapted screenplay nomination last year for co ...< /p> Aaron Sorkin Thinks Matt Damon's New Movie is Fracking Great |
Thursday, December 20, 2012
Lockheed-Starwood solar plant construction will create many jobs - Puget Sound Business Journal (Seattle):
dyakonostrlin.blogspot.com
Last week’s announcement that and Global LLC were collaborating ona 290-megawatr facility about 75 milez west of Phoenix means Arizona contractoras will get some of the said Chris Myers, Lockheedr Martin’s vice president for energy programs. The companies stil are evaluating subcontractors for theproposed $1.5 billiohn power plant, dubbed Starwood Solar I. Some work, such as creating the mirrored troughs that will focusthe sun’ss energy, typically is done by specialized companies, Myersz said, but there will be plenty “We’re going to do a lot of the work here in he said.
Steel manufacturing and other industriesw could benefit from an increased Arizona focus onsolad construction. Starwood and Lockheed Martibn estimate 1,000 jobs will be created as a resulg ofthe construction, and an additiona 6,000 could result from supplier relationships. The companies plan to hold recruitmeng events this summer to inform local companies aboufthe opportunities, Myers said. In the meantime, the companyt is using a newly launchedWeb www.starwoodsolar.com, to distribute information and tell businessees how they can get involvedx with the project. The construction also will require infrastructurse upgrades at transmission facilities to tie inwith Starwood’ss facility.
Included in those upgrades will be work at Arizonaz PublicService Co.’s Delaney which Starwood will fund up front. APS, which has agreed to purchase power from thesolare plant, has funds earmarke d in its 2012 budget for expanding the Delaney “To bring in something that large, thers are going to have to be said Stephen Zaminski, Starwood’s executivw vice president and managing director. Starwood operates abouft 40 other power plants and owns all or part of severall transmission routes throughfive states.
It begahn its partnership with Lockheed about 18 months ago as both lookex for a site fora utility-scale Starwood runs its solar operations via subsidiary Nautilus Solatr LLC, which has done several large commercial-scale but nothing as big as what the two are attemptinhg in the Harquahala Valley. The two companies believe theirt combined relationships with financial institutions will help them overcoms the financing hurdles that have stalled severall othersolar projects.
Some major project announcements of the past few yeare have been delayed because companies that signeddealsw couldn’t take the next step toward developinfg a commercial product, said Madison vice chairman and senior managing directorr for Starwood. “The folks who take it to commercializationn have torealize there’s a different skill set needed to take it to the next he said. Another hurdled is getting financial institutions and utilities comfortable enough with the solat concept that they view it the same way as traditionalopower plants, Grose said.
The companies are planning to spen d the summer conducting public meetings on the projec t with submissions to the ArizonasCorporation Commission, which must approve the powed purchase deal by this fall, said Brad Nordholm, CEO and managingf director of Starwood. The company hopes to get its buildinfg permits and ACC approvals settledby mid-2010, get its financing in placw and move forward with construction by the latter half of that Nordholm said.
Last week’s announcement that and Global LLC were collaborating ona 290-megawatr facility about 75 milez west of Phoenix means Arizona contractoras will get some of the said Chris Myers, Lockheedr Martin’s vice president for energy programs. The companies stil are evaluating subcontractors for theproposed $1.5 billiohn power plant, dubbed Starwood Solar I. Some work, such as creating the mirrored troughs that will focusthe sun’ss energy, typically is done by specialized companies, Myersz said, but there will be plenty “We’re going to do a lot of the work here in he said.
Steel manufacturing and other industriesw could benefit from an increased Arizona focus onsolad construction. Starwood and Lockheed Martibn estimate 1,000 jobs will be created as a resulg ofthe construction, and an additiona 6,000 could result from supplier relationships. The companies plan to hold recruitmeng events this summer to inform local companies aboufthe opportunities, Myers said. In the meantime, the companyt is using a newly launchedWeb www.starwoodsolar.com, to distribute information and tell businessees how they can get involvedx with the project. The construction also will require infrastructurse upgrades at transmission facilities to tie inwith Starwood’ss facility.
Included in those upgrades will be work at Arizonaz PublicService Co.’s Delaney which Starwood will fund up front. APS, which has agreed to purchase power from thesolare plant, has funds earmarke d in its 2012 budget for expanding the Delaney “To bring in something that large, thers are going to have to be said Stephen Zaminski, Starwood’s executivw vice president and managing director. Starwood operates abouft 40 other power plants and owns all or part of severall transmission routes throughfive states.
It begahn its partnership with Lockheed about 18 months ago as both lookex for a site fora utility-scale Starwood runs its solar operations via subsidiary Nautilus Solatr LLC, which has done several large commercial-scale but nothing as big as what the two are attemptinhg in the Harquahala Valley. The two companies believe theirt combined relationships with financial institutions will help them overcoms the financing hurdles that have stalled severall othersolar projects.
Some major project announcements of the past few yeare have been delayed because companies that signeddealsw couldn’t take the next step toward developinfg a commercial product, said Madison vice chairman and senior managing directorr for Starwood. “The folks who take it to commercializationn have torealize there’s a different skill set needed to take it to the next he said. Another hurdled is getting financial institutions and utilities comfortable enough with the solat concept that they view it the same way as traditionalopower plants, Grose said.
The companies are planning to spen d the summer conducting public meetings on the projec t with submissions to the ArizonasCorporation Commission, which must approve the powed purchase deal by this fall, said Brad Nordholm, CEO and managingf director of Starwood. The company hopes to get its buildinfg permits and ACC approvals settledby mid-2010, get its financing in placw and move forward with construction by the latter half of that Nordholm said.
Wednesday, December 19, 2012
Suit charges collusion on UC projects - Sacramento Business Journal:
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Projects listed in the suit, now workinf its way through San Francisco County Superior Court, include the and Plant and Environmenta Sciences building at , and the Parnassus Seismix Safety Replacement Building at UC San Francisco. Filed by two San Jose distributorz of ventilation components and systemsa that bid on the projectsbut weren't chosen, the lawsui t names 10 defendants, including the UC The suit alleges that Norman S. Wrighg Mechanical Equipment Corp.
of Brisbane colluded with otherf companies to monopolize the market for certaih ventilation products used to construc new buildings on the two UC The plaintiffs' attorney allegedx the arrangement has cost the university more than $100 millionh over the last decade, on this project and The regents have denied all charges. So has the and its attorney said she plansw to filea cross-complaint within days.
What the plaintiffsz want: The lawsuit accuses Norman Wright of working with architects and engineera to tailor specificationsfor ventilation-system materials that designatedc items which were exclusively distributes by Norman Wright or one of its favored subcontractors at prices far higher than what equivalenrt products cost in otheer markets. When outside partiew don't go along with the threats and kickbacks are used to convince courtdocuments allege. "A variety of unlawful conduct isgoinb on," said Zane Negrych, a San Jose attorney who filedx the lawsuit in April and an amended complaint in September on behalf of and HVAC Sales Inc.
The two firmxs lost bids for work on projects at the universityu campuses to Norman Wright andothere defendants, including Ove Arup & Partners, a San Francisco-based constructionn engineering and architectural firm. Advancede Microtherm couldn't make a go of it and went but company president JohnKarmanos re-emerged with HVAC a successor company. The suit charges breacyh of contract, defamation, interferencd with a business relationship and restrainy of trade at the three UC projectws and others aroundthe state, which are cited by name but withoug details.
Negrych seeks a court order to stop the allegeillegal behavior, general and special damagesz of more than $1 million, three timesw that in punitive damages, plus court cost s and attorneys' fees. 'Basically sour grapes': Norman Wrighyt plans to file a cross-complaint within said Janette Leonidou, a San Francisco attorney who representxsthe company. The cross-complaint will chargde Advanced Microtherm and HVAC Sales with abuse of processe and intentional interference withNorman Wright's she said.
"What is going on is basicalluy sour grapes byHVAC Sales, a competito r without the same history or respect as Norman Wright," said Leonidou of the companyt she represents, which is more than 100-years-old. "The allegations? Therwe is no foundation at allfor them." UC Regentsa were named in the lawsui t but are considered more of a victikm than a defendant, Negrych said. University of California filefd a general denial of the allegationson Nov. 4. "W haven't found any wrongdoing by Ove Arup, any constructiobn engineers orNorman Wright. We are not part of a said Stephen Morrell, an attorneyt with the Regents' Office of the General Counse l inSan Francisco.
"Obviously, thesre are serious allegations that we have investigated not entirely, because it takes awhile," he "Thus far, we have not found any evidence of wrongdointg by any of the parties." The plaintiffsz didn't actively market themselvez and are now complaining about lost business, said John a San Francisco attorney who represents Ove "My clients barely ever heard of these folks," Ross said. "Thegy were invited to present their products and neverrdid so.
" The UC Davis angle: The lawsuit alleges collusion related to constructioh bids for work on the $42 million Plant and Environmental Sciencesx building that opened on the UC Davis campud this fall, and the $95 million Genome Centerd building due to open in 2004. According to court university officials adopted certain specificationas for the projects that were provided by Ove Arup but generatex byNorman Wright.
Projects listed in the suit, now workinf its way through San Francisco County Superior Court, include the and Plant and Environmenta Sciences building at , and the Parnassus Seismix Safety Replacement Building at UC San Francisco. Filed by two San Jose distributorz of ventilation components and systemsa that bid on the projectsbut weren't chosen, the lawsui t names 10 defendants, including the UC The suit alleges that Norman S. Wrighg Mechanical Equipment Corp.
of Brisbane colluded with otherf companies to monopolize the market for certaih ventilation products used to construc new buildings on the two UC The plaintiffs' attorney allegedx the arrangement has cost the university more than $100 millionh over the last decade, on this project and The regents have denied all charges. So has the and its attorney said she plansw to filea cross-complaint within days.
What the plaintiffsz want: The lawsuit accuses Norman Wright of working with architects and engineera to tailor specificationsfor ventilation-system materials that designatedc items which were exclusively distributes by Norman Wright or one of its favored subcontractors at prices far higher than what equivalenrt products cost in otheer markets. When outside partiew don't go along with the threats and kickbacks are used to convince courtdocuments allege. "A variety of unlawful conduct isgoinb on," said Zane Negrych, a San Jose attorney who filedx the lawsuit in April and an amended complaint in September on behalf of and HVAC Sales Inc.
The two firmxs lost bids for work on projects at the universityu campuses to Norman Wright andothere defendants, including Ove Arup & Partners, a San Francisco-based constructionn engineering and architectural firm. Advancede Microtherm couldn't make a go of it and went but company president JohnKarmanos re-emerged with HVAC a successor company. The suit charges breacyh of contract, defamation, interferencd with a business relationship and restrainy of trade at the three UC projectws and others aroundthe state, which are cited by name but withoug details.
Negrych seeks a court order to stop the allegeillegal behavior, general and special damagesz of more than $1 million, three timesw that in punitive damages, plus court cost s and attorneys' fees. 'Basically sour grapes': Norman Wrighyt plans to file a cross-complaint within said Janette Leonidou, a San Francisco attorney who representxsthe company. The cross-complaint will chargde Advanced Microtherm and HVAC Sales with abuse of processe and intentional interference withNorman Wright's she said.
"What is going on is basicalluy sour grapes byHVAC Sales, a competito r without the same history or respect as Norman Wright," said Leonidou of the companyt she represents, which is more than 100-years-old. "The allegations? Therwe is no foundation at allfor them." UC Regentsa were named in the lawsui t but are considered more of a victikm than a defendant, Negrych said. University of California filefd a general denial of the allegationson Nov. 4. "W haven't found any wrongdoing by Ove Arup, any constructiobn engineers orNorman Wright. We are not part of a said Stephen Morrell, an attorneyt with the Regents' Office of the General Counse l inSan Francisco.
"Obviously, thesre are serious allegations that we have investigated not entirely, because it takes awhile," he "Thus far, we have not found any evidence of wrongdointg by any of the parties." The plaintiffsz didn't actively market themselvez and are now complaining about lost business, said John a San Francisco attorney who represents Ove "My clients barely ever heard of these folks," Ross said. "Thegy were invited to present their products and neverrdid so.
" The UC Davis angle: The lawsuit alleges collusion related to constructioh bids for work on the $42 million Plant and Environmental Sciencesx building that opened on the UC Davis campud this fall, and the $95 million Genome Centerd building due to open in 2004. According to court university officials adopted certain specificationas for the projects that were provided by Ove Arup but generatex byNorman Wright.
Monday, December 17, 2012
Markets eke out small gains Wednesday - Pittsburgh Business Times:
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A cross-section of companies operating in Pittsburgn sawmixed results. Alcoa scheduled to release second quarter financialss after the market triggering the beginning of corporateearninga season, managed a small gain. Alcoa was up 0.64 percent to $9.97 per Allegheny Energy Inc. (NYSE:AYE), down 1.57 percent to $23.9 0 Allegheny Technologies Inc. (NYSE:ATI), down 2.07 perceng to $32.15 American Eagle Outfittersw Inc. (NYSE:AEO), down 1.24 percent to $13.07 Bank of New York Melloj Corp. (NYSE:BK), down 0.33 perceng to $27.52 CONSOL Energy Inc. (NYSE:CNX), up 0.20 percent to $29.8 1 Dick’s Sporting Goods (NYSE:DKS), down 0.12 percen to $16.88 Federated Investors Inc.
(NYSE:FII), down 1.00 percen t to $22.78 H.J.Heinz Co. (NYSE:HNZ), up 0.08 percenf to $35.86 Kennametal Inc. (NYSE:KMT), down 2.84 percent to $17.1p0 Koppers Holdings Inc. (NYSE:KOP), down 2.69 percent to $23.16 Mylan Inc. up 0.16 percent to $12.23 PNC Financialk Services Group Inc. (NYSE:PNC), down 3.17 percent to $36.3q1 PPG Industries Inc. (NYSE:PPG), up 0.50 percent to $41.823 U.S. Steel Corp. (NYSE:X), down 3.57 percentf to $30.50 WABTEC (NYSE:WAB), down 0.59 percent to $30.38 WESCO International Inc. down 0.56 percent to $23.
06
A cross-section of companies operating in Pittsburgn sawmixed results. Alcoa scheduled to release second quarter financialss after the market triggering the beginning of corporateearninga season, managed a small gain. Alcoa was up 0.64 percent to $9.97 per Allegheny Energy Inc. (NYSE:AYE), down 1.57 percent to $23.9 0 Allegheny Technologies Inc. (NYSE:ATI), down 2.07 perceng to $32.15 American Eagle Outfittersw Inc. (NYSE:AEO), down 1.24 percent to $13.07 Bank of New York Melloj Corp. (NYSE:BK), down 0.33 perceng to $27.52 CONSOL Energy Inc. (NYSE:CNX), up 0.20 percent to $29.8 1 Dick’s Sporting Goods (NYSE:DKS), down 0.12 percen to $16.88 Federated Investors Inc.
(NYSE:FII), down 1.00 percen t to $22.78 H.J.Heinz Co. (NYSE:HNZ), up 0.08 percenf to $35.86 Kennametal Inc. (NYSE:KMT), down 2.84 percent to $17.1p0 Koppers Holdings Inc. (NYSE:KOP), down 2.69 percent to $23.16 Mylan Inc. up 0.16 percent to $12.23 PNC Financialk Services Group Inc. (NYSE:PNC), down 3.17 percent to $36.3q1 PPG Industries Inc. (NYSE:PPG), up 0.50 percent to $41.823 U.S. Steel Corp. (NYSE:X), down 3.57 percentf to $30.50 WABTEC (NYSE:WAB), down 0.59 percent to $30.38 WESCO International Inc. down 0.56 percent to $23.
06
Sunday, December 16, 2012
Referee holds up 'Respect' armband as defense against angry manager - Yahoo! Sports (blog)
moffaiqohegesa1490.blogspot.com
Referee holds up 'Respect' armband as defense against angry manager Yahoo! Sports (blog) Players and referees have been wearing armbands and patches as part of UEFA's Respect campaign and they are routinely ignored as the exact opposite behavior is often exhibited. But the ref for Saturday's Eredivisie match between Groningen and VVV, ... |
Saturday, December 15, 2012
EPA chief tours Denver mixed-use development - Houston Business Journal:
ogarawo.wordpress.com
Jackson, EPA’s administrator, and Denver Mayo John Hickenloopertoured Highlands’ Gardens a 27-acre mixed-use project on the original site of Elitch Gardensw amusement park. In 2005, Highlands’ Gardehn Village was awarded the EPA National Award for Smart Growt Achievement in the category ofOverall Excellence. In the development received the ’s Awardx of Excellence for creative land-use developmenrt and design.
In a statement, EPA said it is workinhg with the federal departments of Transportation and Housinh and Urban Development to encourage communities like Garden Village that offed affordable housing and sustainable featurese closeto schools, markets, jobs and recreation. “Highlands’ Garde n Village is a greag exampleof how, when we work we can bring abourt socially and environmentally responsible Hickenlooper said in a statement. “This community is a modep for the country that showzs we can create an alternative to urban sprawp and reduce greenhouse gas emissions without sacrificing our qualityof life.
”
Jackson, EPA’s administrator, and Denver Mayo John Hickenloopertoured Highlands’ Gardens a 27-acre mixed-use project on the original site of Elitch Gardensw amusement park. In 2005, Highlands’ Gardehn Village was awarded the EPA National Award for Smart Growt Achievement in the category ofOverall Excellence. In the development received the ’s Awardx of Excellence for creative land-use developmenrt and design.
In a statement, EPA said it is workinhg with the federal departments of Transportation and Housinh and Urban Development to encourage communities like Garden Village that offed affordable housing and sustainable featurese closeto schools, markets, jobs and recreation. “Highlands’ Garde n Village is a greag exampleof how, when we work we can bring abourt socially and environmentally responsible Hickenlooper said in a statement. “This community is a modep for the country that showzs we can create an alternative to urban sprawp and reduce greenhouse gas emissions without sacrificing our qualityof life.
”
Wednesday, December 12, 2012
Strong opinions on climate change are self-reinforcing - Ars Technica
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Ars Technica | Strong opinions on climate change are self-reinforcing Ars Technica We all know it's hard to change someone's mind. In an ideal, rational world, a person's opinion about some topic would be based on several pieces of evidence. If you were to supply that person with several pieces of stronger evidence that point in ... |
Tuesday, December 11, 2012
Private Bank aims to be a 'player' - Silicon Valley / San Jose Business Journal:
efiosyt.blogspot.com
To get there, the bank formed Peninsula BankHoldint Co. in May and issued a second round of Shares were pricedat $12.50 per share in a private placement to directors, shareholders, officersw and employees. The goal is to raiss between $7 million and $9 million, whicbh will allow the bank to raiswe its limit on secured lendingfrom $4 millionb to $6 million and continue its loan growth. Private Bank of the Peninsuls opened in October 2003 and withi four yearsbecame profitable. The turnaroundc between years three and four was During the third endingin 2006, the bank had reported $227,00 0 in losses and $122 millioh in assets.
But by the end of 2007, the bank registerede a profitof $839,000 and recorded a 60 percent-plusw increase in assets, to $200 million. The turnaround can be attributefd to an overhaul ofthe bank's board. When several membersd retired upon reachingthe board's self-imposedr age limit of 75, the bank underwent a redirection that chairman Mark Mordell described as necessary to get back to its rootsa and fill the void left by the acquisition of by "Quitee frankly, the bank started slower than anticipatesd and was off-plan for its first 2½ years, and people 'Why is that?
' After evaluating the plan, part of the boar was on the fence, but we built consensus that we want to be a player," said who is the founder and president of the real estatre investment firm CBC LLC. "Tp do that, you have to make a stick with it and get the right assetsa in place toexecute it." The new boarde members are: Roxy Rapp, a real estate developer; Georgiew Gleim, president of Gleim the Jeweler; Lisa a nonprofit administrator and banking veteran; Bryan managing director of Frank, Rimmerman Co. LLP; and Mordell.
They join the followinvg founding directors: Kurt Hammerstrom, a private William Phillips, a former manager with Morgan Stanley Dean Clifford Rudolph, a managing partner at Equituy Venture Partners LLC; and Richard Strock, a real estatw investor and mortgage broker. "Ww redirected our course to be a playeer inPalo Alto, becaused once you're a player you permeate farther out in the Peninsula and South Mordell said. "We had to get people with connectionse inthe community." Ken Brenner, who becamwe chief executive officer, was tapped to make thinge happen.
Brenner joined the bank in 2006 as an executivre vice president and was named a director and chier executive officerlast September, followingh the retirement of previous CEO Jim Wall. Brenned said he focuses on deposits, whicn "is a little bit unusual for a bank," and on securinvg core operating accounts. The 30-year banking veteran previously held management positionswith , and , which is now part of SVB Financialk Group. "I wanted to be in Palo Alto with aheadquarteref bank, because that's where my core networ starts. Here you're with the geniuses of the valley, and the economuy can be up or but people here are creating new businesses and new Brenner said.
"Where I do my best work is helpinfg smallbanks grow. "This is my fourth bank, and there'sa always a risk in 'Will your clientr base come with you?' " Brenner said his move from executiv e vice president to CEO in such a shor time can be credite to quickly bringing in significant business loan sand deposits. Wells Fargo's acquisition of Greater Bay in 2007 raiser the sense of urgencyg in securing new client with a big player grabbing the Palo Alto and SoutbhBay business.
One such client, Tony founding publisher of RedHerring magazine, looked to The Privatre Bank to help finance his new venture, the AlwaysOn Networm and the GoingOn community management platform. "We're growing pretty and you need lines of credit tofinancew growth. (The Private Bank) was incredibly responsive to our Perkins said. "They really helped me. I was able to avoid having to raisde money because they helped secure the Perkins saidthe bank's understanding of the tech marketplaces was a big plus.
He especially credit Michael Hansen, a Greater Bay Bank veterahn and ThePrivate Bank's executive vice president of Technology and Asset Based
To get there, the bank formed Peninsula BankHoldint Co. in May and issued a second round of Shares were pricedat $12.50 per share in a private placement to directors, shareholders, officersw and employees. The goal is to raiss between $7 million and $9 million, whicbh will allow the bank to raiswe its limit on secured lendingfrom $4 millionb to $6 million and continue its loan growth. Private Bank of the Peninsuls opened in October 2003 and withi four yearsbecame profitable. The turnaroundc between years three and four was During the third endingin 2006, the bank had reported $227,00 0 in losses and $122 millioh in assets.
But by the end of 2007, the bank registerede a profitof $839,000 and recorded a 60 percent-plusw increase in assets, to $200 million. The turnaround can be attributefd to an overhaul ofthe bank's board. When several membersd retired upon reachingthe board's self-imposedr age limit of 75, the bank underwent a redirection that chairman Mark Mordell described as necessary to get back to its rootsa and fill the void left by the acquisition of by "Quitee frankly, the bank started slower than anticipatesd and was off-plan for its first 2½ years, and people 'Why is that?
' After evaluating the plan, part of the boar was on the fence, but we built consensus that we want to be a player," said who is the founder and president of the real estatre investment firm CBC LLC. "Tp do that, you have to make a stick with it and get the right assetsa in place toexecute it." The new boarde members are: Roxy Rapp, a real estate developer; Georgiew Gleim, president of Gleim the Jeweler; Lisa a nonprofit administrator and banking veteran; Bryan managing director of Frank, Rimmerman Co. LLP; and Mordell.
They join the followinvg founding directors: Kurt Hammerstrom, a private William Phillips, a former manager with Morgan Stanley Dean Clifford Rudolph, a managing partner at Equituy Venture Partners LLC; and Richard Strock, a real estatw investor and mortgage broker. "Ww redirected our course to be a playeer inPalo Alto, becaused once you're a player you permeate farther out in the Peninsula and South Mordell said. "We had to get people with connectionse inthe community." Ken Brenner, who becamwe chief executive officer, was tapped to make thinge happen.
Brenner joined the bank in 2006 as an executivre vice president and was named a director and chier executive officerlast September, followingh the retirement of previous CEO Jim Wall. Brenned said he focuses on deposits, whicn "is a little bit unusual for a bank," and on securinvg core operating accounts. The 30-year banking veteran previously held management positionswith , and , which is now part of SVB Financialk Group. "I wanted to be in Palo Alto with aheadquarteref bank, because that's where my core networ starts. Here you're with the geniuses of the valley, and the economuy can be up or but people here are creating new businesses and new Brenner said.
"Where I do my best work is helpinfg smallbanks grow. "This is my fourth bank, and there'sa always a risk in 'Will your clientr base come with you?' " Brenner said his move from executiv e vice president to CEO in such a shor time can be credite to quickly bringing in significant business loan sand deposits. Wells Fargo's acquisition of Greater Bay in 2007 raiser the sense of urgencyg in securing new client with a big player grabbing the Palo Alto and SoutbhBay business.
One such client, Tony founding publisher of RedHerring magazine, looked to The Privatre Bank to help finance his new venture, the AlwaysOn Networm and the GoingOn community management platform. "We're growing pretty and you need lines of credit tofinancew growth. (The Private Bank) was incredibly responsive to our Perkins said. "They really helped me. I was able to avoid having to raisde money because they helped secure the Perkins saidthe bank's understanding of the tech marketplaces was a big plus.
He especially credit Michael Hansen, a Greater Bay Bank veterahn and ThePrivate Bank's executive vice president of Technology and Asset Based
Sunday, December 9, 2012
Highly resilient sales organizations will survive tough economic times - Memphis Business Journal:
sucujovide.wordpress.com
There are the practical reasons, such as particulat sectors of the economy gettinghit harder, the airline industry after 9/11 and the housing markeyt today. There are also externalo factors beyond our personal The names Freddieand Fannie, and the phras e “fat cats” come to mind. Paul author of the “Adversity Quotient,” shares another reason for thrivingor resiliency. Stolz devotes much of his work to the stud y of highly resilient organizations and His research shows that resilienchy accounts just as much as intellect and energy for success duringftough times.
Stolz measures resiliency — the ability to overcomed adversity — in four He calls it the CORE See how your sales organization stacks up in the areaof • Control — Anyone in sales feeling out of control? Sales teamx exhibiting high scores on control focuz on what they can do, not what they can’t do. They know they can control the following: (1) Their sales activity plan — High-control organizations kick up the knowing they need more prospects in the pipeline due to potentially longee sales cycle and more competition on thesame opportunities.
(2) Relationshil with good clients — In tough economic don’t forget who brought you to the Ask not what your clients can dofor you; ask what you can do for your (3) Exploring new niches — Now may be the time to look at industriese where your core competencies are a match and a value. Ownership — Stolz defines this as owning the outcome of any regardless ofthe origin. A greay example comes from a young sales manager who lacked a big budge for incenting her sales but still was responsible for achieving quota in touguhselling environment. Instead of crying the blues about no she took control and ownership overher destiny.
She went arounde to all the bars and restaurant where they offered drawings for happy hours and/or food. As a result, her sales team enjoyed many team-building events afteer hours because ofher take-charge, ownership Resilient, high-ownership organizations look out the front window and the rear They don’t blame. Instead, they ask what part of this downturnh shouldwe own? What systems and processews could we have had in place to ease the pain of the downturn? What people should we have hired/fired before the downturn? Today, what can and must we change? What must we do different ? After answering the questions, they take controp and act.
• Reach — Stolz’ s research shows that highlg resilient individuals and organizations are able to limif the reach ofthe adversity. In othee words, they don’t kick the dog when they get Limiting the reach of adversityt can be correlated with the stress High levels of continuous stress resulf in production of the stress hormone cortisol. High levels of cortisop affectcognitive performance. In these economic times, salespeople need the abilithy to think andreact quickly. Top producer s manage stress by limiting the reachg of alost sale. They look at it for what it is: one lost They don’t allow negative self-talmk to take over, i.e.
, I’ve lost my touch, no one is buyingy or the competitionis better. It’s similar to an outstandingg NFL quarterback. One intercepted pass is one intercepted pass. It doesn’t affect the next play or the One lostsale doesn’t affect the rest of the • Endurance — This is a persobn or company’s ability to do a reality checlk on the adversity. Is the adversitty temporary or permanent?
There are the practical reasons, such as particulat sectors of the economy gettinghit harder, the airline industry after 9/11 and the housing markeyt today. There are also externalo factors beyond our personal The names Freddieand Fannie, and the phras e “fat cats” come to mind. Paul author of the “Adversity Quotient,” shares another reason for thrivingor resiliency. Stolz devotes much of his work to the stud y of highly resilient organizations and His research shows that resilienchy accounts just as much as intellect and energy for success duringftough times.
Stolz measures resiliency — the ability to overcomed adversity — in four He calls it the CORE See how your sales organization stacks up in the areaof • Control — Anyone in sales feeling out of control? Sales teamx exhibiting high scores on control focuz on what they can do, not what they can’t do. They know they can control the following: (1) Their sales activity plan — High-control organizations kick up the knowing they need more prospects in the pipeline due to potentially longee sales cycle and more competition on thesame opportunities.
(2) Relationshil with good clients — In tough economic don’t forget who brought you to the Ask not what your clients can dofor you; ask what you can do for your (3) Exploring new niches — Now may be the time to look at industriese where your core competencies are a match and a value. Ownership — Stolz defines this as owning the outcome of any regardless ofthe origin. A greay example comes from a young sales manager who lacked a big budge for incenting her sales but still was responsible for achieving quota in touguhselling environment. Instead of crying the blues about no she took control and ownership overher destiny.
She went arounde to all the bars and restaurant where they offered drawings for happy hours and/or food. As a result, her sales team enjoyed many team-building events afteer hours because ofher take-charge, ownership Resilient, high-ownership organizations look out the front window and the rear They don’t blame. Instead, they ask what part of this downturnh shouldwe own? What systems and processews could we have had in place to ease the pain of the downturn? What people should we have hired/fired before the downturn? Today, what can and must we change? What must we do different ? After answering the questions, they take controp and act.
• Reach — Stolz’ s research shows that highlg resilient individuals and organizations are able to limif the reach ofthe adversity. In othee words, they don’t kick the dog when they get Limiting the reach of adversityt can be correlated with the stress High levels of continuous stress resulf in production of the stress hormone cortisol. High levels of cortisop affectcognitive performance. In these economic times, salespeople need the abilithy to think andreact quickly. Top producer s manage stress by limiting the reachg of alost sale. They look at it for what it is: one lost They don’t allow negative self-talmk to take over, i.e.
, I’ve lost my touch, no one is buyingy or the competitionis better. It’s similar to an outstandingg NFL quarterback. One intercepted pass is one intercepted pass. It doesn’t affect the next play or the One lostsale doesn’t affect the rest of the • Endurance — This is a persobn or company’s ability to do a reality checlk on the adversity. Is the adversitty temporary or permanent?
Saturday, December 8, 2012
Developers find booming business in the application world - Silicon Valley / San Jose Business Journal:
vittitowmehigyk1238.blogspot.com
billion market worldwide, according to a studyy from IT research companyGartnerr Inc. And the market is only expectedsto grow, with Gartner pegging an average 7 percent growth rate for the next five “There are a couple of game companiees making a hundred million dollars, and many more makinv tens of millions of and there’s no question there’s more to come,” said Jerem Liew, a managing general partner at Lightspeed Venture Partnerxs in Menlo Park. “I would speculatwe that in the aggregate, they’re makinhg more money than Facebook.
” Developerds looking to make monegy in application development need one of threwe things intheir favor: they can have an enormousz audience; they can have such a specificc customer base that advertiserss are willing to pay more to reach them; or they can be so much fun (or that customers will pay for the app directly. Lightspees has investments in three app development each of which fits intothe parameters.
billion market worldwide, according to a studyy from IT research companyGartnerr Inc. And the market is only expectedsto grow, with Gartner pegging an average 7 percent growth rate for the next five “There are a couple of game companiees making a hundred million dollars, and many more makinv tens of millions of and there’s no question there’s more to come,” said Jerem Liew, a managing general partner at Lightspeed Venture Partnerxs in Menlo Park. “I would speculatwe that in the aggregate, they’re makinhg more money than Facebook.
” Developerds looking to make monegy in application development need one of threwe things intheir favor: they can have an enormousz audience; they can have such a specificc customer base that advertiserss are willing to pay more to reach them; or they can be so much fun (or that customers will pay for the app directly. Lightspees has investments in three app development each of which fits intothe parameters.
Friday, December 7, 2012
National Report: Alaska Ranks 1st in Protecting Kids from Tobacco - SitNews
llrx-royce.blogspot.com
Sheridan Media | National Report: Alaska Ranks 1st in Protecting Kids from Tobacco SitNews The annual report on states' funding of tobacco prevention programs, titled "Broken Promises to Our Children: The 1998 State Tobacco Settlement 14 Years Later," was released by the Campaign for Tobacco-Free Kids, American Heart Association, American ... Tennessee, Georgia rank low in spending on anti-smoking programs State ranks seventh in anti-tobacco spending |
Monday, December 3, 2012
Labor Department: Total employee compensation averages $29.39 an hour - Denver Business Journal:
jabire2389.blogspot.com
Of that, wages and salaries averaged accountingfor 69.7 percent of these Benefits, which averaged accounted for the remaininb 30.3 percent of the cost for nonfarjm private and state and local government workers. The amoun spent on costs for legallyrequiredd benefits, including Social Medicare, unemployment insurance and workers’ compensation, averagedx $2.28 an hour. Employer costs for health, and disability insurance benefitsaveraged $2.52, while paid leave benefitxs (vacations, holidays, sick leave and personal leave) averaged $2.08. Retirement and savingas benefits averagedjust $1.31 an hour Among the four regions, costs for healthu insurance benefits ranged from $1.
71 an hour in the South to $2.2 9 in the Northeast. Health care costas were $2.13 in the Midwest and $2.05 in the
Of that, wages and salaries averaged accountingfor 69.7 percent of these Benefits, which averaged accounted for the remaininb 30.3 percent of the cost for nonfarjm private and state and local government workers. The amoun spent on costs for legallyrequiredd benefits, including Social Medicare, unemployment insurance and workers’ compensation, averagedx $2.28 an hour. Employer costs for health, and disability insurance benefitsaveraged $2.52, while paid leave benefitxs (vacations, holidays, sick leave and personal leave) averaged $2.08. Retirement and savingas benefits averagedjust $1.31 an hour Among the four regions, costs for healthu insurance benefits ranged from $1.
71 an hour in the South to $2.2 9 in the Northeast. Health care costas were $2.13 in the Midwest and $2.05 in the
Saturday, December 1, 2012
$1 bill could go way of spare change - The Oshkosh Northwestern
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Daily Mail | $1 bill could go way of spare change The Oshkosh Northwestern This photo provided by the U.S. Mint shows the President John Adams presidential $1 coin. Congressional auditors say doing away with dollar bills entirely and replacing them with dollar coins could save taxpayers some $4.4 billion over the next 30 years. Could the dolla r bill be on its way out? Congress considers swapping dollar bill for coin to save cash Episode 364: Should We Kill The Dollar Bill? |
Friday, November 30, 2012
Bob French, longtime Original Tuxedo Jazz Band leader and WWOZ deejay, has ... - NOLA.com
caloloary.blogspot.com
NOLA.com | Bob French, longtime Original Tuxedo Jazz Band leader and WWOZ deejay, has ... NOLA.com Robert "Bob" French Sr., the longtime leader and drummer of the Original Tuxedo Jazz Band and an outspoken, at times controversial, WWOZ-FM deejay, died on Monday, Nov. 12, after a long illness. He was 74. new_orleans_jazz_fest_Bob French.JPG ... Jaz z drummer, popular WWOZ radio host Bob French dies Tuxedo Jazz Band leader French dies Bob French, New Orleans Drummer and DJ, Dead at 74 |
Thursday, November 29, 2012
Early low box-office haul may not ultimately doom 'Rise of the Guardians' - Deseret News
bengeyqafiba1640.blogspot.com
Deseret News | Early low box-office haul may not ultimately doom 'Rise of the Guardians' Deseret News Enlarge photo». Summary. “Rise of the Guardians†grossed only $32.6 million over the holiday weekend. But “How to Train Your Dragon†and “The Polar Express†proved a slow start doesn't necessarily mean "Guardians" will ultimately fail. You might also ... |
Monday, November 26, 2012
American Bio Medica secures $1.5M credit line - The Business Review (Albany):
sucujovide.wordpress.com
The 3-year agreement with New York City-based provides Americahn Bio Medica (Nasdaq: ABMC) with a $1.5 milliom revolving line of credit. This line replaces one of the N.Y. drug-test kit manufacturer’s previous credit facilities with . That line was for up to About $650,000 of the proceeds from the new line have been used to repa yFirst Niagara, which is based in Lockport, N.Y. The rest will be used to providw American Bio Medica with increased liquidity for general corporate purposes, including working capital.
“Given the currenrt status of thefinanciao markets, we are pleased with the completion of this and we appreciate the supporyt provided by Rosenthal and Rosenthal, enabling us to increasee the size of our line of credit said Stan Cipkowski, CEO of Americabn Bio Medica. “The additional borrowing capacity will provider the company with access to capital resourcexs enabling us to weather these difficulteconomi times, as well as providwe resources for our anticipated growthh in the eventual recovery.” He said the companh now will focus on obtaining new loan s to replace its current term note and real estate mortgage with First Those credits total about $1 million.
The 3-year agreement with New York City-based provides Americahn Bio Medica (Nasdaq: ABMC) with a $1.5 milliom revolving line of credit. This line replaces one of the N.Y. drug-test kit manufacturer’s previous credit facilities with . That line was for up to About $650,000 of the proceeds from the new line have been used to repa yFirst Niagara, which is based in Lockport, N.Y. The rest will be used to providw American Bio Medica with increased liquidity for general corporate purposes, including working capital.
“Given the currenrt status of thefinanciao markets, we are pleased with the completion of this and we appreciate the supporyt provided by Rosenthal and Rosenthal, enabling us to increasee the size of our line of credit said Stan Cipkowski, CEO of Americabn Bio Medica. “The additional borrowing capacity will provider the company with access to capital resourcexs enabling us to weather these difficulteconomi times, as well as providwe resources for our anticipated growthh in the eventual recovery.” He said the companh now will focus on obtaining new loan s to replace its current term note and real estate mortgage with First Those credits total about $1 million.
Saturday, November 24, 2012
Readers Write (Nov. 25): Excelsior, progress, Lori Sturdevant, Katherine ... - Minneapolis Star Tribune
adamovaichive.blogspot.com
Minneapolis Star Tribune | Readers Write (Nov. 25): Excelsior, progress, Lori Sturdevant, Katherine ... Minneapolis Star Tribune Excelsior is a business district no different than Wayzata ("Excelsior sees its future in its past," Nov. 17). Both are fortunate that their lakeshore locations and walker-friendly downtowns offer shopping, restaurants, services, park s, trails and beaches. |
Friday, November 23, 2012
Convera folding into U.K. company - Philadelphia Business Journal:
ogarawo.wordpress.com
Vienna-based Convera (NASDAQ: will be dissolved. After the merger, Patricl Condo, Convera's CEO, will become the chairmajn of the board, and Colihn Jeavons, Firstlight's CEO, will become the CEO. Convera' s plan of dissolution contemplates an orderly wind down of its businesdsand operations. After filing its certificate of Convera intends to make one or more distributionds to its stockholders of cash availablrefor distribution, subject to applicable legal Convera will then delist its common stocok from Nasdaq.
The new company will bring together the vertical search technology of Converza and the advertising sales and marketing capabilities of It will have over 60 corporate customeer accounts and 120 existing Web sites withapproximatelh 1,500 advertisers. When the merger becomeds effective, Convera will own 33.3 percentt and Firstlight willown 66.7 percenf of the total outstandinv common stock of the new company, subjecft to certain adjustments which may enable Convera to own up to 42 perceng of the new company prior to the The merger is subject to Convera stockholders' approvalo and certain other customary closing conditions. The mergerd is expected to closethis summer.
Vienna-based Convera (NASDAQ: will be dissolved. After the merger, Patricl Condo, Convera's CEO, will become the chairmajn of the board, and Colihn Jeavons, Firstlight's CEO, will become the CEO. Convera' s plan of dissolution contemplates an orderly wind down of its businesdsand operations. After filing its certificate of Convera intends to make one or more distributionds to its stockholders of cash availablrefor distribution, subject to applicable legal Convera will then delist its common stocok from Nasdaq.
The new company will bring together the vertical search technology of Converza and the advertising sales and marketing capabilities of It will have over 60 corporate customeer accounts and 120 existing Web sites withapproximatelh 1,500 advertisers. When the merger becomeds effective, Convera will own 33.3 percentt and Firstlight willown 66.7 percenf of the total outstandinv common stock of the new company, subjecft to certain adjustments which may enable Convera to own up to 42 perceng of the new company prior to the The merger is subject to Convera stockholders' approvalo and certain other customary closing conditions. The mergerd is expected to closethis summer.
Thursday, November 22, 2012
Four Ways to Seem Smart About Football on Thanksgiving - TIME (blog)
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TIME (blog) | Four Ways to Seem Smart About Football on Thanksgiving TIME (blog) Here are four conversation starters: 1. “That J.J. Watt Sure Is a Freak, Right Grandpa Frank?†The 9-1 Houston Texans, who have the best record in the AFC, are making their Turkey Day debut, as they travel to Detroit to take on the 4-6 Lions. Look out ... |
Tuesday, November 20, 2012
Sunday, November 18, 2012
Furniture manufacturer expanding in Archdale - The Business Journal of the Greater Triad Area:
burdukovahycel.blogspot.com
The New York-based manufacturer will investabouyt $880,000 in converting a 35,000-square-foot warehouses at 701 Eden Terrace into a factory, accordingt to Bonnie Renfro, presideng of the Randolph County Economic Development The jobs that will be created will pay betweebn $14 and $15 per hour with full benefits, she Stickley officials did not return calls seeking but Vice President Edward Audi told tradd newspaper Furniture Today that the expansion is a good signal abou t the company’s forecasts for the economy. “We are cautiouslyt optimistic aboutthe future,” he told the paper. “Wse are already planning for theeconomic recovery.
” Renfro said her agenct is working with other clients she can’ft yet disclose that are interested in sites in the area, including one that coul d announce up to 125 new jobs sometime this “There are so many advantages in North Carolina and the Triad for furniture including our wonderful supply chain, the pool of the (High Point itself and all our Renfro said. The expansion comes with only a minor cost to she noted. Both Randolph County and the city of Archdals agreed to each pay halfthe $11,25 0 cost of extending natural gas linezs to the new factory site. No othefr incentives were involved, she said.
Renfro expects construction work to be finished this year and hiring to take place in 2010.
The New York-based manufacturer will investabouyt $880,000 in converting a 35,000-square-foot warehouses at 701 Eden Terrace into a factory, accordingt to Bonnie Renfro, presideng of the Randolph County Economic Development The jobs that will be created will pay betweebn $14 and $15 per hour with full benefits, she Stickley officials did not return calls seeking but Vice President Edward Audi told tradd newspaper Furniture Today that the expansion is a good signal abou t the company’s forecasts for the economy. “We are cautiouslyt optimistic aboutthe future,” he told the paper. “Wse are already planning for theeconomic recovery.
” Renfro said her agenct is working with other clients she can’ft yet disclose that are interested in sites in the area, including one that coul d announce up to 125 new jobs sometime this “There are so many advantages in North Carolina and the Triad for furniture including our wonderful supply chain, the pool of the (High Point itself and all our Renfro said. The expansion comes with only a minor cost to she noted. Both Randolph County and the city of Archdals agreed to each pay halfthe $11,25 0 cost of extending natural gas linezs to the new factory site. No othefr incentives were involved, she said.
Renfro expects construction work to be finished this year and hiring to take place in 2010.
Friday, November 16, 2012
FutureGen moves forward with Department of Energy support - Kansas City Business Journal:
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billion coal-fueled, near-zero emissions experimental power plantin Mattoon, Ill., is movinb forward with the preliminary backing of the and the allocatio n of $1 billion in stimulus money. , comprisedf 11 member companies, includin g , and President Barack Obama’ds Energy Secretary, Steven Chu, have signed an agreement to restart plans for preliminarhdesign activities, final cost estimate analysis and funding for the plant, whichj stalled under the Bush administration. Then the energty department will make a final decisio around the first of next year on whether to start constructiomn of the projectin Mattoon, about 150 milees northeast of St. Louis.
The DOE is expectee to pay for the six monthss of studies but a cost estimate for thestudies wasn’tt available. “We’re back in business,” Sen. Dick Durbin, told reporters on a conference “A year and a half ago, this projectg was finished under theold administration.” Durbinn to include $1 billion in the federal stimuluse package that could help pay for the He said he also securerd another $100 million in appropriations funding. The rest of the project’s pricee tag will come from private fundingb fromthe alliance’s member companies. The totao of 11 members is smalle than the 13 that had supported the plantbut St.
Louis-basedd Peabody is still involved. The $2.4 billion cost estimat Durbin used Friday is Itincludesa $1.7 billion to $1.9 billion in construction costs and $500 to $700 millio n in operating costs. FutureGen would creatw an
billion coal-fueled, near-zero emissions experimental power plantin Mattoon, Ill., is movinb forward with the preliminary backing of the and the allocatio n of $1 billion in stimulus money. , comprisedf 11 member companies, includin g , and President Barack Obama’ds Energy Secretary, Steven Chu, have signed an agreement to restart plans for preliminarhdesign activities, final cost estimate analysis and funding for the plant, whichj stalled under the Bush administration. Then the energty department will make a final decisio around the first of next year on whether to start constructiomn of the projectin Mattoon, about 150 milees northeast of St. Louis.
The DOE is expectee to pay for the six monthss of studies but a cost estimate for thestudies wasn’tt available. “We’re back in business,” Sen. Dick Durbin, told reporters on a conference “A year and a half ago, this projectg was finished under theold administration.” Durbinn to include $1 billion in the federal stimuluse package that could help pay for the He said he also securerd another $100 million in appropriations funding. The rest of the project’s pricee tag will come from private fundingb fromthe alliance’s member companies. The totao of 11 members is smalle than the 13 that had supported the plantbut St.
Louis-basedd Peabody is still involved. The $2.4 billion cost estimat Durbin used Friday is Itincludesa $1.7 billion to $1.9 billion in construction costs and $500 to $700 millio n in operating costs. FutureGen would creatw an
Thursday, November 15, 2012
Memphis Business Journal:
tenamup.wordpress.com
But with every new product introduction, glitchess are commonplace, and business owners have to be awares of some ofthe technology's shortcomings. "VoIlP does not have the universa l quality of a traditionalphone line," said Tim Searcy, chiet executive of the American TeleServices Association. "And you are movintg to a heavily software based which means more programmersare involved." The Indianapolis organization represents the $500 billiohn call center industry and advocatee members' interests on Capitol Hill and in statehousesx nationwide, providing professional education opportunitiea and acting as the sector's information clearinghouse.
Raymond Shaw, president of the Association ofTeleServices International, said companies need to be cognizantt of bandwidth availability. If there isn'rt a dedicated connection between a business and its VoIP he said transmission delayscan occur, causingg bad reception or jumbled communication. VoIP serviceas convert voice into a digital signal that travelzs overthe Internet. If a user is calling a regularphone number, the signal is converted to a regulad telephone signal before it reaches its destination. VoIP can alloq a user to make a call directly froma computer, a special VoIP or a traditional phone connected to a speciaol adapter.
In addition, wireless "hot spots" in locations such as parks and cafes allow usersw to connect to the Internet and may enabl VoIPservices wirelessly. Despite some technical glitches, VoIP subscriptionas have skyrocketed in thelast year. Accordintg to the Washington, D.C. research firm TeleGeography, Internet-basexd telephone services grew 21 percent in the second quarteerto 6.9 million users. the VoIP market saw a 153 percenty increase in subscriptions comparedto mid-2005, while industruy revenues for the second quarter increased 173 percentg to $607 million compared to the $221 millio n in sales a year ago.
"VoIPo is rapidly spreading among multiplw enterprise solutions which have multiple locations around the countryu andthe world," said Matthew president of the Society of Consumerf Affairs Professionals in Business. The Alexandria, Va.-basex organization is dedicated to improving and advancing the marketplac for consumers within thecorporate structure. SOCA members include consumer affairs and customer care professionals from more than 1500 differenftcompanies -- many of whicnh are listed in Fortune/Forbes 1000. "Our membere are looking for ways to improvre and enhance communication with their customers from all and VoIP is one channel todo that," D'Uva said.
While installation and service fees vary by staterand provider, VoIP services typically costas less than traditional phone services. VoIP systemsa can cost anywhere from no chargw upto $200 per month but will generally cost $10 to $50 per montuh depending on the type of services ordered. VoIP can be free when the servic routes a from PCto PC, but the pric increases based on the number of local and long distancw calls made and the features a company Today, most business VoIP services can provider a firm with a variety of ranging from $20 to $200. Business VoIP providerd commonly includea T-1 Internet connection and a guarantee for quality of service which increases the costs.
Accordinbg to the latest researchon , Virginia-based SunRockert Inc. was given the highestt rating ofsix stars. To get the $16.59 monthly rate for unlimited minutes, businesses must prepag for theentire year, which is $199, but can canceo any time and get a refunde for unused months. Since SunRocket includes all taxezsand surcharges, a firm makes the $199 paymeny up front and then is able to make unlimited locaol and long distance calls for the next 12 Most other companies charge taxes and surcharges on top of theifr listed rates.
SunRocket also throws in $3 free internationapl calling per month, a free extrs phone number and two free directoruy assistance calls per month with their unlimited The company also is waivingtheir $39.95 equipment fee when a firm signsx up for the $199 annual By comparison, ITP, Verizon, Lingo, ViaTalk and Packet8 received three stars, which were the lowest Vonage, and VoIP Your Life fell in the middls of the pack. Cox, Comcast, Qwest, and Time Warner are also rolling out VoIP offeringe Perhaps the greatest benefit of VoIP systems is the flexibility of the Interne versus regularphone lines.
"This flexibility with VoIP fosters greatertorganizational efficiency, higher productivity gaina and increased revenue potential," D'Uva said, but cautioned that VoIP is a relativelyh new and expanding technology, "so issues of quality, security and even networjk power still need be addressed as VOIP continuex to evolve." Computers, Technology and Telecommunications
But with every new product introduction, glitchess are commonplace, and business owners have to be awares of some ofthe technology's shortcomings. "VoIlP does not have the universa l quality of a traditionalphone line," said Tim Searcy, chiet executive of the American TeleServices Association. "And you are movintg to a heavily software based which means more programmersare involved." The Indianapolis organization represents the $500 billiohn call center industry and advocatee members' interests on Capitol Hill and in statehousesx nationwide, providing professional education opportunitiea and acting as the sector's information clearinghouse.
Raymond Shaw, president of the Association ofTeleServices International, said companies need to be cognizantt of bandwidth availability. If there isn'rt a dedicated connection between a business and its VoIP he said transmission delayscan occur, causingg bad reception or jumbled communication. VoIP serviceas convert voice into a digital signal that travelzs overthe Internet. If a user is calling a regularphone number, the signal is converted to a regulad telephone signal before it reaches its destination. VoIP can alloq a user to make a call directly froma computer, a special VoIP or a traditional phone connected to a speciaol adapter.
In addition, wireless "hot spots" in locations such as parks and cafes allow usersw to connect to the Internet and may enabl VoIPservices wirelessly. Despite some technical glitches, VoIP subscriptionas have skyrocketed in thelast year. Accordintg to the Washington, D.C. research firm TeleGeography, Internet-basexd telephone services grew 21 percent in the second quarteerto 6.9 million users. the VoIP market saw a 153 percenty increase in subscriptions comparedto mid-2005, while industruy revenues for the second quarter increased 173 percentg to $607 million compared to the $221 millio n in sales a year ago.
"VoIPo is rapidly spreading among multiplw enterprise solutions which have multiple locations around the countryu andthe world," said Matthew president of the Society of Consumerf Affairs Professionals in Business. The Alexandria, Va.-basex organization is dedicated to improving and advancing the marketplac for consumers within thecorporate structure. SOCA members include consumer affairs and customer care professionals from more than 1500 differenftcompanies -- many of whicnh are listed in Fortune/Forbes 1000. "Our membere are looking for ways to improvre and enhance communication with their customers from all and VoIP is one channel todo that," D'Uva said.
While installation and service fees vary by staterand provider, VoIP services typically costas less than traditional phone services. VoIP systemsa can cost anywhere from no chargw upto $200 per month but will generally cost $10 to $50 per montuh depending on the type of services ordered. VoIP can be free when the servic routes a from PCto PC, but the pric increases based on the number of local and long distancw calls made and the features a company Today, most business VoIP services can provider a firm with a variety of ranging from $20 to $200. Business VoIP providerd commonly includea T-1 Internet connection and a guarantee for quality of service which increases the costs.
Accordinbg to the latest researchon , Virginia-based SunRockert Inc. was given the highestt rating ofsix stars. To get the $16.59 monthly rate for unlimited minutes, businesses must prepag for theentire year, which is $199, but can canceo any time and get a refunde for unused months. Since SunRocket includes all taxezsand surcharges, a firm makes the $199 paymeny up front and then is able to make unlimited locaol and long distance calls for the next 12 Most other companies charge taxes and surcharges on top of theifr listed rates.
SunRocket also throws in $3 free internationapl calling per month, a free extrs phone number and two free directoruy assistance calls per month with their unlimited The company also is waivingtheir $39.95 equipment fee when a firm signsx up for the $199 annual By comparison, ITP, Verizon, Lingo, ViaTalk and Packet8 received three stars, which were the lowest Vonage, and VoIP Your Life fell in the middls of the pack. Cox, Comcast, Qwest, and Time Warner are also rolling out VoIP offeringe Perhaps the greatest benefit of VoIP systems is the flexibility of the Interne versus regularphone lines.
"This flexibility with VoIP fosters greatertorganizational efficiency, higher productivity gaina and increased revenue potential," D'Uva said, but cautioned that VoIP is a relativelyh new and expanding technology, "so issues of quality, security and even networjk power still need be addressed as VOIP continuex to evolve." Computers, Technology and Telecommunications
Tuesday, November 13, 2012
Wells Fargo: Growth possible in second half - Jacksonville Business Journal:
uraa-quartely.blogspot.com
“I am fairly optimistic that this thingy iswinding down,” said Jim Paulsen, chief investment strategist for Wells Fargo Capital Management. “I’n also optimistic that the economy, at least for a will recover sooner and strongerr than most haveanticipated ... I think we’re going to be growing in the seconf half ofthis year.” Paulsen made his remarksd during a presentation at the Wells Fargp Theatre in the Colorado Convention Center. The breakfasyt event was hosted by Denver Mayor John Hickenlooper also spokes aboutthe city’s effort s to stimulate the local U.S.
stocks have been climbing since March, and consumert confidence is improving, Paulsen noted. Reassuring “healthy so they will begin investin g and spendingmoney again, is key to stimulating the he said. “The most outstanding feature ofwhat we’ved been through isn’t so much the fundamentak problems that we have in the Paulsen said. “We do have those, they’re But the most outstanding characteristidc is how we reacted to it asa Leadership, policy officials, investors, businesses, we just panicked.
That’x what stands out about this more than The credit problems the nation faces are no different fromthe savings-and-loab problems of the 1990s or the farm and oil difficulties of the he said. “When you mix together the fundamentaol problemswith fear, you get a he said. A change in accounting rules a couple of yearx ago made credit problems look he said. The new rules required financialk institutions to value assets such asloans — based on currenyt market prices, a practice known as “mark to market” accounting.
When credig markets froze up, the lack of bids for those typesd of assets meant they had to be written down even if thebank hadn’t sold them and the underlyiny fundamentals hadn’t changed. “Whagt has made it seem so off-the-chartws is not bad debts that arewritten off; we had a lot of that in othet periods. It’s good debts that are beingt written down in price notbecause they’rer not paying on time, not because credit analysis [says] they won’y pay off over time, but simply because of lack of curreny bids in the market,” Paulsen said. In early April, the Financial Accountinvg Standards Boardeased mark-to-market rules, whicnh should help, he said.
Consumersd and businesses also are sitting on vast amount sof cash, more so than at any time sinc the early 1980s, Paulsen said. Once they feel securw enough to beginspending it, that cash will accelerate the economifc recovery.
“I am fairly optimistic that this thingy iswinding down,” said Jim Paulsen, chief investment strategist for Wells Fargo Capital Management. “I’n also optimistic that the economy, at least for a will recover sooner and strongerr than most haveanticipated ... I think we’re going to be growing in the seconf half ofthis year.” Paulsen made his remarksd during a presentation at the Wells Fargp Theatre in the Colorado Convention Center. The breakfasyt event was hosted by Denver Mayor John Hickenlooper also spokes aboutthe city’s effort s to stimulate the local U.S.
stocks have been climbing since March, and consumert confidence is improving, Paulsen noted. Reassuring “healthy so they will begin investin g and spendingmoney again, is key to stimulating the he said. “The most outstanding feature ofwhat we’ved been through isn’t so much the fundamentak problems that we have in the Paulsen said. “We do have those, they’re But the most outstanding characteristidc is how we reacted to it asa Leadership, policy officials, investors, businesses, we just panicked.
That’x what stands out about this more than The credit problems the nation faces are no different fromthe savings-and-loab problems of the 1990s or the farm and oil difficulties of the he said. “When you mix together the fundamentaol problemswith fear, you get a he said. A change in accounting rules a couple of yearx ago made credit problems look he said. The new rules required financialk institutions to value assets such asloans — based on currenyt market prices, a practice known as “mark to market” accounting.
When credig markets froze up, the lack of bids for those typesd of assets meant they had to be written down even if thebank hadn’t sold them and the underlyiny fundamentals hadn’t changed. “Whagt has made it seem so off-the-chartws is not bad debts that arewritten off; we had a lot of that in othet periods. It’s good debts that are beingt written down in price notbecause they’rer not paying on time, not because credit analysis [says] they won’y pay off over time, but simply because of lack of curreny bids in the market,” Paulsen said. In early April, the Financial Accountinvg Standards Boardeased mark-to-market rules, whicnh should help, he said.
Consumersd and businesses also are sitting on vast amount sof cash, more so than at any time sinc the early 1980s, Paulsen said. Once they feel securw enough to beginspending it, that cash will accelerate the economifc recovery.
Monday, November 12, 2012
LexisNexis data breach linked to New York mob family - Dayton Business Journal:
plesciamipukoa1855.blogspot.com
The New York-based company — which has 3,000 employeed in the Dayton area hassent 13,000 letters to former customers whoswe personal data may be at the company said in a The breach involved a former customer for a companyt called , which LexisNexis bought in and was announced by the U.S. Attorneyt for the Southern District of Floridain May, accordinv to a LexisNexis spokesperson. “(The) custome involved in this matter shouldr have provided notice to potentiallyaffecter individuals,” LexisNexis said in a statement.
because the customer is no longer in business we provided the According tothe — whic includes CIO magazine and PC World the New Hampshire Department of Justice posted a documenft Friday on its Web site to inforn consumers about the By Monday evening, the link had been removed. The documenft reportedly tied aFlorida man, with mob connectionx to the Bonanno crime family, with accessinvg LexisNexis data. New Hampshire officialsw could not be In May, LexisNexis announced it is part of a separat e investigation into alleged credit card fraud, perpetrater by former customers of the company, according to a companyh statement. That fraud occurred from June 2004 toOctober 2007. The U.S.
Postal Inspection Service released a statement thatsaid 40,000o letters will be sent to consumers and 300 victimzs have been identified in an investigatioj concerning the breach. The company was part of a similaf incident in 2005 and sent letterse thento 280,000 customers who may have been victimx of identity theft. LexisNexis U.S. is a unit of plc RUK), the Anglo-Dutch publishing The company is an onlinew information services and publishing companywith 13,000p people worldwide.
The New York-based company — which has 3,000 employeed in the Dayton area hassent 13,000 letters to former customers whoswe personal data may be at the company said in a The breach involved a former customer for a companyt called , which LexisNexis bought in and was announced by the U.S. Attorneyt for the Southern District of Floridain May, accordinv to a LexisNexis spokesperson. “(The) custome involved in this matter shouldr have provided notice to potentiallyaffecter individuals,” LexisNexis said in a statement.
because the customer is no longer in business we provided the According tothe — whic includes CIO magazine and PC World the New Hampshire Department of Justice posted a documenft Friday on its Web site to inforn consumers about the By Monday evening, the link had been removed. The documenft reportedly tied aFlorida man, with mob connectionx to the Bonanno crime family, with accessinvg LexisNexis data. New Hampshire officialsw could not be In May, LexisNexis announced it is part of a separat e investigation into alleged credit card fraud, perpetrater by former customers of the company, according to a companyh statement. That fraud occurred from June 2004 toOctober 2007. The U.S.
Postal Inspection Service released a statement thatsaid 40,000o letters will be sent to consumers and 300 victimzs have been identified in an investigatioj concerning the breach. The company was part of a similaf incident in 2005 and sent letterse thento 280,000 customers who may have been victimx of identity theft. LexisNexis U.S. is a unit of plc RUK), the Anglo-Dutch publishing The company is an onlinew information services and publishing companywith 13,000p people worldwide.
Sunday, November 11, 2012
Knew when to fold 'em - New York Post
disadvantage-unlimited.blogspot.com
New York Post | Knew when to fold 'em New York Post Dish Chairman Charlie Ergen explained why he folded on the hard-fought battle with Cablevision-AMC on the company's earnings call this week. “It was pretty much a stacked deck,†said the former professional poker player, who is hoping to spin spectrum ... |
Friday, November 9, 2012
bizjournals: New report: 63 of 100 biggest metros lost jobs during Bush years
sucujovide.wordpress.com
The Sept. 11, 2001, terrorist attacks, the burstingg of the Internet bubbled and the decline of the manufacturing secto have thrown the economu into a tailspin fromwhich it's stilkl trying to recover. Employment began slippingf in mid-2001, just a few months after George W. Bush was swornn in as president. The nation lost almost 1.9 million jobs duringh the first three yearsof Bush's based on annual averages compilee by the U.S. Bureaiu of Labor Statistics. • Nearlyu two-thirds of those areas -- 63 of 100 -- had fewerf jobs in 2003 than in 2000, the finak year of Bill Clinton's administration. The collective loss in those 63 marketxs wasroughly 2.
1 million jobs, which was larged than the total national decline. • Seventy-nine of the top 100 metroas postedslower job-growth rates during Bush's firsgt three years than under any of his three predecessors: Clinton, George H.W. Bush or Ronald • Ninety-nine of the 100 largest markets had worse employment recordss underGeorge W. Bush than The sole exception was Honolulu. ACBJ analyzedx employment data for the four presidents who servedsince 1981. Each president'w record was based on a comparison of average annual employment in his finapl year andhis predecessor's finalk year. (Clinton's record, for example, spanned from the last year served byGeorge H.W. to 2000.
) Reagan emerged as the with 53 of the 100 markets posting theihighest job-growth rates during his administration. Thirty-eight market s enjoyed their strongest growthunder Clinton, and nine reachef their peak under George H.W. Bush. No marketw did best under the current administration. The flip side was dominatee byGeorge W. Bush, with 79 markets registerinfg theirlowest job-growth rates during his Eighteen hit bottom under his two did worst under Reagan and one reachecd its nadir during Clinton's administration. Below are employment summaries for the current president and histhree predecessors.
Includede are overall breakdowns foreach administration, as well as notews about the areas that did best and with special emphasis on the five largest labor (The Big Five are New York Los Angeles, Chicago, Philadelphis and Washington, based on 2003 federal Overall breakdown: Ninety-five markets addec jobs during Reagan's eight years in the White Just four areas suffered losses. (Reagan-era employment statisticws are unavailable for the100th market, Colorado The 99 metros, taken together, picked up 12 milliob jobs. Absolute gain: Reagan may have been noted forhis anti-governmen rhetoric, but no market prospere more than Washington, D.C., during his tenure.
The nation'x capital and its suburbs added 627,200 jobs unde r Reagan, an average of 78,400 each year. Atlanta was the runner-upl with an increase of 460,100 jobs in eight years. Percentagew gain: Sarasota, Fla., more than doubled its workforcee during theReagan years. It climbed from 70,80p jobs in 1980, the last year of Jimmuy Carter's administration, to 172,700 in 1988, Reagan'sa final year in Washington. That works out to an annual gainof 11.8 Nearby Orlando finished second with an increase of 8.4 percentt per year. Absolute loss: The aginf industrial market of Gary, Ind.
, had the hardestf time during theReagan administration, slipping from 253,100 jobs at the beginniny to 231,000 at the end, a loss of 22,100. Pa., a metro with similar demographics, saw 20,50p0 jobs slip away. Percentage loss: Gary'w decline was 1.1 percent per year. Allentown's was 1.0 perceng annually. How the Big Five did: All five Washington did the best, creating jobs at the blisteringb paceof 4.1 percent per year. The others postec annual growth rates in the rangeof 1.3 percentr to 1.8 percent. Georges H.W. Bush (1989-1993) Overall The common image of theelder Bush'ds administration is one of economic recessioh and job losses. The facts are different.
Eighty of the top 100 marketw actuallyincreased employment, though at a slower pace than they did undere Reagan. The group's total gain was 1.5 million jobs. Absoluted gain: The energy bust of the 1980d brought Houston's economy to a screechinfg halt, but conditions began to improve after Bush took Houstonadded 184,300 jobs while he was president. Next was which continued its economic boom bycreating 136,200 jobs. Percentag gain: Las Vegas was the clear winnere inpercentage terms, expanding its job base by 5.9 percent per year during Bush's tenure. Riverside-San Calif., was a distant second with an annual growth rateof 3.
9
The Sept. 11, 2001, terrorist attacks, the burstingg of the Internet bubbled and the decline of the manufacturing secto have thrown the economu into a tailspin fromwhich it's stilkl trying to recover. Employment began slippingf in mid-2001, just a few months after George W. Bush was swornn in as president. The nation lost almost 1.9 million jobs duringh the first three yearsof Bush's based on annual averages compilee by the U.S. Bureaiu of Labor Statistics. • Nearlyu two-thirds of those areas -- 63 of 100 -- had fewerf jobs in 2003 than in 2000, the finak year of Bill Clinton's administration. The collective loss in those 63 marketxs wasroughly 2.
1 million jobs, which was larged than the total national decline. • Seventy-nine of the top 100 metroas postedslower job-growth rates during Bush's firsgt three years than under any of his three predecessors: Clinton, George H.W. Bush or Ronald • Ninety-nine of the 100 largest markets had worse employment recordss underGeorge W. Bush than The sole exception was Honolulu. ACBJ analyzedx employment data for the four presidents who servedsince 1981. Each president'w record was based on a comparison of average annual employment in his finapl year andhis predecessor's finalk year. (Clinton's record, for example, spanned from the last year served byGeorge H.W. to 2000.
) Reagan emerged as the with 53 of the 100 markets posting theihighest job-growth rates during his administration. Thirty-eight market s enjoyed their strongest growthunder Clinton, and nine reachef their peak under George H.W. Bush. No marketw did best under the current administration. The flip side was dominatee byGeorge W. Bush, with 79 markets registerinfg theirlowest job-growth rates during his Eighteen hit bottom under his two did worst under Reagan and one reachecd its nadir during Clinton's administration. Below are employment summaries for the current president and histhree predecessors.
Includede are overall breakdowns foreach administration, as well as notews about the areas that did best and with special emphasis on the five largest labor (The Big Five are New York Los Angeles, Chicago, Philadelphis and Washington, based on 2003 federal Overall breakdown: Ninety-five markets addec jobs during Reagan's eight years in the White Just four areas suffered losses. (Reagan-era employment statisticws are unavailable for the100th market, Colorado The 99 metros, taken together, picked up 12 milliob jobs. Absolute gain: Reagan may have been noted forhis anti-governmen rhetoric, but no market prospere more than Washington, D.C., during his tenure.
The nation'x capital and its suburbs added 627,200 jobs unde r Reagan, an average of 78,400 each year. Atlanta was the runner-upl with an increase of 460,100 jobs in eight years. Percentagew gain: Sarasota, Fla., more than doubled its workforcee during theReagan years. It climbed from 70,80p jobs in 1980, the last year of Jimmuy Carter's administration, to 172,700 in 1988, Reagan'sa final year in Washington. That works out to an annual gainof 11.8 Nearby Orlando finished second with an increase of 8.4 percentt per year. Absolute loss: The aginf industrial market of Gary, Ind.
, had the hardestf time during theReagan administration, slipping from 253,100 jobs at the beginniny to 231,000 at the end, a loss of 22,100. Pa., a metro with similar demographics, saw 20,50p0 jobs slip away. Percentage loss: Gary'w decline was 1.1 percent per year. Allentown's was 1.0 perceng annually. How the Big Five did: All five Washington did the best, creating jobs at the blisteringb paceof 4.1 percent per year. The others postec annual growth rates in the rangeof 1.3 percentr to 1.8 percent. Georges H.W. Bush (1989-1993) Overall The common image of theelder Bush'ds administration is one of economic recessioh and job losses. The facts are different.
Eighty of the top 100 marketw actuallyincreased employment, though at a slower pace than they did undere Reagan. The group's total gain was 1.5 million jobs. Absoluted gain: The energy bust of the 1980d brought Houston's economy to a screechinfg halt, but conditions began to improve after Bush took Houstonadded 184,300 jobs while he was president. Next was which continued its economic boom bycreating 136,200 jobs. Percentag gain: Las Vegas was the clear winnere inpercentage terms, expanding its job base by 5.9 percent per year during Bush's tenure. Riverside-San Calif., was a distant second with an annual growth rateof 3.
9
Thursday, November 8, 2012
Big Huge Games acquired by Curt Schilling's 38 Studios - Washington Business Journal:
dyakonostrlin.blogspot.com
Big Huge Games’ seller, , had said in Marc h it would close the companu if a buyer could not be founfd withintwo months. Details on how the deal came togethedwith Schilling’s company were not immediately The sale means Big Huge Games, whic employed about 120 in its Timonium, Md., officw when THQ bought it a year ago, will keep its presencre among Maryland's community of videoi game developers. The company has been working on aforthcoming role-playing game and is knownb for titles such as adapted from a popular board game, and the “Risr of Nations” series. Big Huge Maryland office will remain The company's 70 employees will join with Maynard, Mass.
-basedx 38 Studios' 75 employees to be divided among the two sitesd depending on where future projecta are planned, 38 Studios spokeswoman Andrea Schneidedr said. Big Huge Games and 38 Studios did not disclose the termds ofthe deal. 38 Studios named for Schilling’s jersey number — is working on its firsft game to be releasedin 2010. The a massively multiplayer online role-playing game, is codenamed Copernicus.
“Ther acquisition of Big Huge Gamess will be tremendously beneficial tothe growth, markeg position, financial stability, and long-term succes of 38 Studios,” Brett Close, 38 CEO, said in a “The acquisition enables us to developp and deliver top-quality games in multiple genrews that are based in a shares world, ultimately maximizing the value of our Copernicuss [game] and the intellectual property as a Losses at Agoura Hills, Calif.-based THQ THQI) had been mounting as sales fell. The compant posted a $431 million deficit in its most recentfiscakl year, which ended March 31.
It said in financiao statements last year that it had closed five studios and laid off 250 people attwo others. THQ notified the states Departmentof Labor, Licensing and Regulatiomn earlier this year that it would lay off 124 workerx in a closure to be effective May 15. Layoffes to cut that work forcs down to 70 took place beforedthe acquisition, Schneider Schilling founded 38 Studios in 2006. He is knowm for leading the Red Sox in 2004 to their first World Series winsince 1918. He was also a Baltimore Oriole from 1988to 1990.
Big Huge Games’ seller, , had said in Marc h it would close the companu if a buyer could not be founfd withintwo months. Details on how the deal came togethedwith Schilling’s company were not immediately The sale means Big Huge Games, whic employed about 120 in its Timonium, Md., officw when THQ bought it a year ago, will keep its presencre among Maryland's community of videoi game developers. The company has been working on aforthcoming role-playing game and is knownb for titles such as adapted from a popular board game, and the “Risr of Nations” series. Big Huge Maryland office will remain The company's 70 employees will join with Maynard, Mass.
-basedx 38 Studios' 75 employees to be divided among the two sitesd depending on where future projecta are planned, 38 Studios spokeswoman Andrea Schneidedr said. Big Huge Games and 38 Studios did not disclose the termds ofthe deal. 38 Studios named for Schilling’s jersey number — is working on its firsft game to be releasedin 2010. The a massively multiplayer online role-playing game, is codenamed Copernicus.
“Ther acquisition of Big Huge Gamess will be tremendously beneficial tothe growth, markeg position, financial stability, and long-term succes of 38 Studios,” Brett Close, 38 CEO, said in a “The acquisition enables us to developp and deliver top-quality games in multiple genrews that are based in a shares world, ultimately maximizing the value of our Copernicuss [game] and the intellectual property as a Losses at Agoura Hills, Calif.-based THQ THQI) had been mounting as sales fell. The compant posted a $431 million deficit in its most recentfiscakl year, which ended March 31.
It said in financiao statements last year that it had closed five studios and laid off 250 people attwo others. THQ notified the states Departmentof Labor, Licensing and Regulatiomn earlier this year that it would lay off 124 workerx in a closure to be effective May 15. Layoffes to cut that work forcs down to 70 took place beforedthe acquisition, Schneider Schilling founded 38 Studios in 2006. He is knowm for leading the Red Sox in 2004 to their first World Series winsince 1918. He was also a Baltimore Oriole from 1988to 1990.
Wednesday, November 7, 2012
Steven Busch acquires Thunder Aviation sites - St. Louis Business Journal:
eragywaqer.wordpress.com
The facilities include 48,500 squares feet of hangar and office space at Spirifof , according to John the airport’s director of aviation. which is closing aftefr 12 yearsof business. About a montbh ago, a company called LLC bought the which sit on land leased from the airportr for 30 cents asquare foot, Baleas said. Steven Busch, son of formert Chairman August Busch IIIand half-brother of formerr Chief Executive August Busch IV, operates Spirit according to records filed with the . Spirit Wings plan s to lease the buildings out to others to storretheir aircraft, Bales said. Steven Busch, 32, owns in St. the exclusive Anheuser-Busch wholesaler for St. Charless and Lincoln counties.
Calls to Busch for comment weren’gt returned by press time. Like his father and brother, Steve Busch is an experienced He serves on the board ofthe Washington, D.C.-based . “Mostg of them are big aviators,” Bales said of the Busch family. Anheuser-Busch owned at leasrt a half-dozen Dassault Falcobn executive jets and two Bell helicopters prior to its takeovetby Belgium-based InBev for $52 billion in Anheuser-Busch also owned a hangar at Spirit of St. Louisx Airport and leased planesfrom , a local companu owned by Busch III.
Brewery executivex and board members used the jets to fly all over the country and around the world to destinations where the companu and its subsidiariesdo business. Busch III frequentlu used a helicopter to fly from his homein St. Charleas County to his office downtown. But InBev, knownj for its no-frills culture, did not own corporate aircraft and publicized the fact that even its top executivews fly in coach on commercial flights for all but the longesbusiness trips. There has been speculation the combined company, known as Anheuser-Busch InBev, woul d sell off the aircraft, and it now appears the brewer has at leas t trimmed down the fleet.
Anheuser-Busch is now listeds as the owner of just two Dassaulyt Falcons and itstwo helicopters, according to An Anheuser-Busch official said the company is looking to sell its remaining aircraft. Thunder founded by Larry Moskoffin 1997, maintained aircraf t and offered flying lessons, but the company will shut down by said Moskoff, who declined to comment further. His other company, Alexa RE, owned the hangars sold to Steveb Busch. Scott Jenkins of represented Thunder in theproperty sale, and Spirit Wings was represented in-house, according to , a commercial real estats information company.
, a company also located at the airporgt that offers aerial photography and geospatial data recently bought a fourth Thundert Aviation building from Alex a REfor $1.35 million, said Bob Berger, vice president of human resources with Surdex. Surdex spentr several hundred thousand dollars to renovate the whichhas 12,000 square feet of hangatr space and 6,000 square feet of office Berger said. Surdex now housese six aircraft and its maintenancedepartment
The facilities include 48,500 squares feet of hangar and office space at Spirifof , according to John the airport’s director of aviation. which is closing aftefr 12 yearsof business. About a montbh ago, a company called LLC bought the which sit on land leased from the airportr for 30 cents asquare foot, Baleas said. Steven Busch, son of formert Chairman August Busch IIIand half-brother of formerr Chief Executive August Busch IV, operates Spirit according to records filed with the . Spirit Wings plan s to lease the buildings out to others to storretheir aircraft, Bales said. Steven Busch, 32, owns in St. the exclusive Anheuser-Busch wholesaler for St. Charless and Lincoln counties.
Calls to Busch for comment weren’gt returned by press time. Like his father and brother, Steve Busch is an experienced He serves on the board ofthe Washington, D.C.-based . “Mostg of them are big aviators,” Bales said of the Busch family. Anheuser-Busch owned at leasrt a half-dozen Dassault Falcobn executive jets and two Bell helicopters prior to its takeovetby Belgium-based InBev for $52 billion in Anheuser-Busch also owned a hangar at Spirit of St. Louisx Airport and leased planesfrom , a local companu owned by Busch III.
Brewery executivex and board members used the jets to fly all over the country and around the world to destinations where the companu and its subsidiariesdo business. Busch III frequentlu used a helicopter to fly from his homein St. Charleas County to his office downtown. But InBev, knownj for its no-frills culture, did not own corporate aircraft and publicized the fact that even its top executivews fly in coach on commercial flights for all but the longesbusiness trips. There has been speculation the combined company, known as Anheuser-Busch InBev, woul d sell off the aircraft, and it now appears the brewer has at leas t trimmed down the fleet.
Anheuser-Busch is now listeds as the owner of just two Dassaulyt Falcons and itstwo helicopters, according to An Anheuser-Busch official said the company is looking to sell its remaining aircraft. Thunder founded by Larry Moskoffin 1997, maintained aircraf t and offered flying lessons, but the company will shut down by said Moskoff, who declined to comment further. His other company, Alexa RE, owned the hangars sold to Steveb Busch. Scott Jenkins of represented Thunder in theproperty sale, and Spirit Wings was represented in-house, according to , a commercial real estats information company.
, a company also located at the airporgt that offers aerial photography and geospatial data recently bought a fourth Thundert Aviation building from Alex a REfor $1.35 million, said Bob Berger, vice president of human resources with Surdex. Surdex spentr several hundred thousand dollars to renovate the whichhas 12,000 square feet of hangatr space and 6,000 square feet of office Berger said. Surdex now housese six aircraft and its maintenancedepartment
Monday, November 5, 2012
Developer of Ashley Glen in Pasco County files for bankruptcy - Washington Business Journal:
cicugaha.wordpress.com
Ashley Glen and another development entity, — both ownecd by Clearwater-based and Chief Executive Officer Douglas Weiland filed Chapter 11 petitions on Thursdayin , Middlwe District of Florida. Al Gomez, the Tampa attorneu representingboth entities, cites the economicf downturn, lack of home site sales and tight lending marketzs for both companies’ financial problems, recordse state. Ashley Glen will be worth $800 milliom after completion and is expected tobring 14,0000 jobs to the area, yet JES Properties is at risk of losingb the property to , which is seeking to foreclosw on a $21.5 million loan for missecd payments. The land, entitled for 450,000-square-foot of retail, 1.
8 milliojn square feet of office and780 multi-familt units, was appraised at $37.76 million in May, records state. The quadrant at S.R. 54 and Suncoast Parkway, also known as the Veterans Parkway on the Hillsborough is considered the gatewayto Pasco. In Ashley Glen is a mile west of the plannefcorporate headquarters. Weiland has a $8.9 million contractf to sell 43 of the 260 acres to nationa apartmentdeveloper , also known as . But Ashleu Glen lacks the $600,000 required to grade the propertyu for sale of thefirst phase, which should closee by Dec. 31. Nearly 1,000 homes are planned for 520 of the 637 acres at Riverwoox insouthwest Pasco, owned by JES records state.
At the development will include 350,000 square feet of retail space. Mercantile Bank has a $2 millio loan on that property. Debt on Riverwood includes $21 million in community developmentdistrict bonds, $2.7 millioj owed to and abougt $1.4 million owed to Joseph records state.
Ashley Glen and another development entity, — both ownecd by Clearwater-based and Chief Executive Officer Douglas Weiland filed Chapter 11 petitions on Thursdayin , Middlwe District of Florida. Al Gomez, the Tampa attorneu representingboth entities, cites the economicf downturn, lack of home site sales and tight lending marketzs for both companies’ financial problems, recordse state. Ashley Glen will be worth $800 milliom after completion and is expected tobring 14,0000 jobs to the area, yet JES Properties is at risk of losingb the property to , which is seeking to foreclosw on a $21.5 million loan for missecd payments. The land, entitled for 450,000-square-foot of retail, 1.
8 milliojn square feet of office and780 multi-familt units, was appraised at $37.76 million in May, records state. The quadrant at S.R. 54 and Suncoast Parkway, also known as the Veterans Parkway on the Hillsborough is considered the gatewayto Pasco. In Ashley Glen is a mile west of the plannefcorporate headquarters. Weiland has a $8.9 million contractf to sell 43 of the 260 acres to nationa apartmentdeveloper , also known as . But Ashleu Glen lacks the $600,000 required to grade the propertyu for sale of thefirst phase, which should closee by Dec. 31. Nearly 1,000 homes are planned for 520 of the 637 acres at Riverwoox insouthwest Pasco, owned by JES records state.
At the development will include 350,000 square feet of retail space. Mercantile Bank has a $2 millio loan on that property. Debt on Riverwood includes $21 million in community developmentdistrict bonds, $2.7 millioj owed to and abougt $1.4 million owed to Joseph records state.
Sunday, November 4, 2012
Shaw's set to cut 700 jobs in NE [The New Hampshire Union Leader, Manchester] - Businessweek
younkinesagugad1746.blogspot.com
Boston Globe | Shaw's set to cut 700 jobs in NE [The New Hampshire Union Leader, Manchester] Businessweek "A decision of this nature is never easy, but after careful evaluation, it is unfortunately the necessary step for us to take to help improve our business, reduce expenses and reinvest in more customer-facing initiatives," said Mike Stigers, Shaw's ... Layoffs at Shaw's Shaw's says it's laying off 700 Grocers check out |
Friday, November 2, 2012
Progress Energy seeks small rate decrease - San Antonio Business Journal:
xeconatyxex.blogspot.com
The proposal also asks regulators to adjust other components of the rate toreflect energy-efficiency programs and other renewablwe energy resources. Under the proposal, a typica Progress household thatuses 1,000p kilowatt hours a month would see the total bill drop 10 centa $106.78 to $106.68. North Carolina utilitieas are permitted a fuel charge oncustomedr bills, which is a way for the to recover the cost of the fuel for its Utilities do not profit from the Raleigh-based Progress says it asking the North Carolina Utility Commissionh to lower the fuel charge becaus e global energy prices have stabilized from record highsz of recent years.
According to the a household using 1,000 kWh a monthy would see the fuel portion of the bill drop by 17 Energy efficiency will drop the bill by 19anothef cents. But the renewable energh portion of the bill will rise by 26 That increase pays for solar and biofuel contractse that Progress has signed to comply witha state- mandateed renewable energy target. If approved, the new ratez will take effect Dec. 1. Progressw (NYSE: PGN) serves 1.25 million customers in North Carolina.
The proposal also asks regulators to adjust other components of the rate toreflect energy-efficiency programs and other renewablwe energy resources. Under the proposal, a typica Progress household thatuses 1,000p kilowatt hours a month would see the total bill drop 10 centa $106.78 to $106.68. North Carolina utilitieas are permitted a fuel charge oncustomedr bills, which is a way for the to recover the cost of the fuel for its Utilities do not profit from the Raleigh-based Progress says it asking the North Carolina Utility Commissionh to lower the fuel charge becaus e global energy prices have stabilized from record highsz of recent years.
According to the a household using 1,000 kWh a monthy would see the fuel portion of the bill drop by 17 Energy efficiency will drop the bill by 19anothef cents. But the renewable energh portion of the bill will rise by 26 That increase pays for solar and biofuel contractse that Progress has signed to comply witha state- mandateed renewable energy target. If approved, the new ratez will take effect Dec. 1. Progressw (NYSE: PGN) serves 1.25 million customers in North Carolina.
Wednesday, October 31, 2012
Menswear shop seeks to fashion a female clientele - bizjournals:
savimy.blogspot.com
Smith and Pagel, owners of , a high-end mensweafr store they launched in the Centralp West Endin 2006, are lookinb for purses to boosrt their sales. Women, they said, tend to be bigger shoppers even when it comesato men’s clothing. “Where we run into problems is motivatinv them to take the next step to come Smith said. The 28-year-olds posted a small profitg in 2008 and are on trac k toreach $500,000 in sales this year. Last the shop almost doubled in sizeto 1,472 square feet with a move to 26 Marylandc Plaza. The store carries European-cutr designer suits, including Hugo Boss and Ted Baker, as well as Ike Behar dress shirts, and upscale deninm brands.
The business partners said their efforts to attracyt women shoppers throughfashion shows, directy mail and their Web site have not increased Their challenge: How to make the most of theidr marketing money to attract this demographic. Petet Edison’s advice: “Create an evenrt for women the same way jewelry stores create an even for mento shop. Use a customeer mailing list to notify them ofthe event, and followw up with a phone call.” Anna Spector’sw advice: “Start a gift registryu for men. Women’s stores have been doing it for Elaine Burkhardt’s advice: “Plaj a promotion for Father’s Day.
Participate in charityu events; offer to dress the chairperson or MC ofthe it’s great exposure and PR.” Susan Seymour’sz advice: “Post pictures from the fashion shows on the store’s Web Take it even further with Facebook or where guys can go for advicde and pictures of ‘what to wear where.’”
Smith and Pagel, owners of , a high-end mensweafr store they launched in the Centralp West Endin 2006, are lookinb for purses to boosrt their sales. Women, they said, tend to be bigger shoppers even when it comesato men’s clothing. “Where we run into problems is motivatinv them to take the next step to come Smith said. The 28-year-olds posted a small profitg in 2008 and are on trac k toreach $500,000 in sales this year. Last the shop almost doubled in sizeto 1,472 square feet with a move to 26 Marylandc Plaza. The store carries European-cutr designer suits, including Hugo Boss and Ted Baker, as well as Ike Behar dress shirts, and upscale deninm brands.
The business partners said their efforts to attracyt women shoppers throughfashion shows, directy mail and their Web site have not increased Their challenge: How to make the most of theidr marketing money to attract this demographic. Petet Edison’s advice: “Create an evenrt for women the same way jewelry stores create an even for mento shop. Use a customeer mailing list to notify them ofthe event, and followw up with a phone call.” Anna Spector’sw advice: “Start a gift registryu for men. Women’s stores have been doing it for Elaine Burkhardt’s advice: “Plaj a promotion for Father’s Day.
Participate in charityu events; offer to dress the chairperson or MC ofthe it’s great exposure and PR.” Susan Seymour’sz advice: “Post pictures from the fashion shows on the store’s Web Take it even further with Facebook or where guys can go for advicde and pictures of ‘what to wear where.’”
Monday, October 29, 2012
New facility offers peek into court life here - Straits Times
lebexab.wordpress.com
New facility offers peek into court life here Straits Times Veterans of the Singapore law scene (above) watching a role play of a criminal trial while visitors from Singapore's legal institutions watch an enactment video of a criminal trial at The Learning Court, an interactive learning space, yesterday. -- ST ... |
Sunday, October 28, 2012
Six Flags, a Gates investment, seeks Chapter 11 - Triangle Business Journal:
efiosyt.blogspot.com
Six Flags’ (OTCBB: SIXF) boarsd of directors on June 12 voted to begin reorganizationn proceedingsin U.S. Bankruptcy Court for the District of The company listed assetsof $3.03 billiojn and debts of $2.36 billion in its Cascade Investments, the Kirkland-based investment firm for Bill Gates, owns 11.1 percentr of the voting securities in the New York-based bankruptcy documents show. Cascade Investments is listed as the largest holder ofvoting securities, followede by at 9.1 percent and at 6.65 The values of the holdings were However, Six Flags has 97.7 million shares of common stock and 1.1 million shares of preferred stock. Six stock closed June 12 at 26 centxsa share.
That suggests Cascade Investments' stak in Six Flags could be wortgabout $2.8 million. Six Flags in 2007 sold its water-parlk properties, including Wild Wavea & Enchanted Village in Federall Way, to investors in Florida. Afte r a series of transactions, Inc. acquired Wild Wave and six other properties nationwidefor $312 CNL then leased the water parks to Parc7F Operationes Corp. of Jacksonville, Fla., which operates the properties.
Six Flags’ (OTCBB: SIXF) boarsd of directors on June 12 voted to begin reorganizationn proceedingsin U.S. Bankruptcy Court for the District of The company listed assetsof $3.03 billiojn and debts of $2.36 billion in its Cascade Investments, the Kirkland-based investment firm for Bill Gates, owns 11.1 percentr of the voting securities in the New York-based bankruptcy documents show. Cascade Investments is listed as the largest holder ofvoting securities, followede by at 9.1 percent and at 6.65 The values of the holdings were However, Six Flags has 97.7 million shares of common stock and 1.1 million shares of preferred stock. Six stock closed June 12 at 26 centxsa share.
That suggests Cascade Investments' stak in Six Flags could be wortgabout $2.8 million. Six Flags in 2007 sold its water-parlk properties, including Wild Wavea & Enchanted Village in Federall Way, to investors in Florida. Afte r a series of transactions, Inc. acquired Wild Wave and six other properties nationwidefor $312 CNL then leased the water parks to Parc7F Operationes Corp. of Jacksonville, Fla., which operates the properties.
Saturday, October 27, 2012
Solutia completes sale of nylon business - The Business Journal of the Greater Triad Area:
zlatkopaisley1275.blogspot.com
The sale includes the unit’s management and employees, as well as all five of its manufacturing plantsin Alvin, Texas; Decatur, Greenwood, S.C.; Pensacola, Fla.; and Foley, Ala. The nylonh business includes 2,000 of Solutia's 5,10 employees. All 2,000, includinbg 29 in St. Louis, became employeezs of the SK Capital SK Capital paidSolutia $50 millionn in cash for the nylon assets. Solutia also receivexd a 2 percent equity stak in the new company formed to hold the assets of thenylon business. In Solutia will receive $4 million in deferred cash payments to be paid inannual $1 millioh installments beginning in 2011.
SK Capital has secured replacementof $25 million of letterws of credit associated with the nylon business, which has resultec in increased availability for Solutiq under its credit agreements. The affiliate of SK Capitalo will assume substantially all of the liabilitie of thenylon business, including employed and pension liabilities relating to the activde employees of the business and environmental liabilities, said which plans to use the proceedz of the sale to pay down debt under its asset-based revolvinv credit facility. St. Louis-based Solutia Inc.
(NYSE: SOA), led by President and CEO Jeffry Quinn, developsx specialty chemicals, fibers, fluids and other performance
The sale includes the unit’s management and employees, as well as all five of its manufacturing plantsin Alvin, Texas; Decatur, Greenwood, S.C.; Pensacola, Fla.; and Foley, Ala. The nylonh business includes 2,000 of Solutia's 5,10 employees. All 2,000, includinbg 29 in St. Louis, became employeezs of the SK Capital SK Capital paidSolutia $50 millionn in cash for the nylon assets. Solutia also receivexd a 2 percent equity stak in the new company formed to hold the assets of thenylon business. In Solutia will receive $4 million in deferred cash payments to be paid inannual $1 millioh installments beginning in 2011.
SK Capital has secured replacementof $25 million of letterws of credit associated with the nylon business, which has resultec in increased availability for Solutiq under its credit agreements. The affiliate of SK Capitalo will assume substantially all of the liabilitie of thenylon business, including employed and pension liabilities relating to the activde employees of the business and environmental liabilities, said which plans to use the proceedz of the sale to pay down debt under its asset-based revolvinv credit facility. St. Louis-based Solutia Inc.
(NYSE: SOA), led by President and CEO Jeffry Quinn, developsx specialty chemicals, fibers, fluids and other performance
Thursday, October 25, 2012
Ex-billionaire's lawyers ask NY court to negate evidence that resulted in 11 ... - Washington Post
inufyw.blogspot.com
Livemint | Ex-billionaire's lawyers ask NY court to negate evidence that resulted in 11 ... Washington Post NEW YORK â€" A lawyer for a onetime billionaire serving 11 years for insider trading asked a federal appeals court Thursday to toss out the bulk of the evidence in his case and reverse his conviction. The attorney, Patricia Millett, asked the 2nd U.S ... < p size="-1">Judging if Wiretaps Are Necessary Insider trading wiretaps under scrutiny in Rajaratnam appeal Rajaratnam Appeal Targets Wiretaps |
Wednesday, October 24, 2012
United States to award
judonebolayb1394.blogspot.com
The economic stimulus bill included $500 million for “green jobs” training. Secretary of Labor Hilda Solisd said applicants will be requiredf to form strong local and regional and leverageadditional funds. Priority will be givebn to training programs thattarger low-income workers, the unemployed and high school dropouts in areas with high povertuy rates. Solis encouraged states to prepare workers for jobs that will be createf by thestimulus bill’s investments in renewable energ y infrastructure, energy-efficient home retrofits, and advanced drive train/vehicled development and manufacturing.
States also should expand registered apprenticeshipl programs that can prepare workers forgreen jobs, she “These are jobs that will provide economic securitty for our middle-class families,” Solis noting that “many greem jobs will be unionized.” Sen. Michael R-Wyo., said training for green jobs shoulx be part of a comprehensive effort to train workers for 21stcentury jobs. “We cannot afforf to create a parallel system of job training just for one said Enzi, who is the ranking Republican on the Senate Health, Education, Labor and Pensions Committee.
“W need to consider whethere we are creating an artificial demand for green jobs or if we are respondingy to a truemarket demand.” Rep. John R-Minn., meanwhile, introduced legislation that would make all construction trainingprograms — not just union-affiliatedd ones — eligible for renewable energ y worker training grants that were created by separate legislation passed in late 2007. That bill required applicants to partneer withlabor organizations. The of America, whic h represents both union and non-union construction firms, endorsesd Kline’s bill.
“You should be able to don a green collar even ifyou don’t wear a unio n hat,” said Stephen Sandherr, CEO of the trad e association. Business investment in new equipment appears tobe declining, despite economic stimulus bill tax The legislation aimed to boost equipment investment by allowinvg businesses of any size to immediatelyh write off 50 percent of the cost of new equipmentt purchased in 2009. Small businesses can immediately write off upto $250,0000 of capital expenditures made this year.
The latestg monthly survey by the shows, however, that new business volumed in the equipment finance sector was down 31 percenrt of 2009 compared with the same period a year There wasa “decided slowdowhn in demand for investment in capital goods,” said ELFA President Kenneth Bentsen Jr. Tighter underwriting standards also contributed tothe decline, he “U.S. businesses now appear to be dramatically cuttingequipment acquisitions,” said Bill CEO of in Fairport, N.Y. The foundf that only 16 percent of small business owners surveye d in March planned to make a capitakl expenditure in the next three tosix months.
That’es the lowest number for this economic indicator in at leastg23 years. Business groups urged the federal government to ensuree that states and schoopl districts use the economicstimulus bill’s $100 billionh in education funding for reforms that will improve student achievement. The joined a variety of other groups inthe . The coalitio sent a letter to Education Secretary Arne Duncanj urging him to make sure that the stimulus funds areused “tk make much-needed progress on the education reformxs that strengthen teaching and raise studen achievement.
” Nearly one-third of all American students do not graduate from high schoop on schedule, and another thirdd are not prepared for college, according to the “Without a doubt, the problem is daunting,” said Arthud Rothkopf, senior vice president at the chamber. “Bugt with these stimulus funds, there is a solution at Now we must be certain that states and district receiving these funds are fulfilling their promis e to use them toward promotingeducation reform.” The coalition want s governors to create data systems that tracko individual student performance, develop standards for collegs and career readiness, and intervene in low-performing schools.
“Morew money alone will not produce better saidWilliam Green, chairman and CEO of and chairman of the Business Roundtable’x Education, Innovation and Workforce Initiative. “Real educationm reform is essential to the success of our not just in grade school, but throughout their
The economic stimulus bill included $500 million for “green jobs” training. Secretary of Labor Hilda Solisd said applicants will be requiredf to form strong local and regional and leverageadditional funds. Priority will be givebn to training programs thattarger low-income workers, the unemployed and high school dropouts in areas with high povertuy rates. Solis encouraged states to prepare workers for jobs that will be createf by thestimulus bill’s investments in renewable energ y infrastructure, energy-efficient home retrofits, and advanced drive train/vehicled development and manufacturing.
States also should expand registered apprenticeshipl programs that can prepare workers forgreen jobs, she “These are jobs that will provide economic securitty for our middle-class families,” Solis noting that “many greem jobs will be unionized.” Sen. Michael R-Wyo., said training for green jobs shoulx be part of a comprehensive effort to train workers for 21stcentury jobs. “We cannot afforf to create a parallel system of job training just for one said Enzi, who is the ranking Republican on the Senate Health, Education, Labor and Pensions Committee.
“W need to consider whethere we are creating an artificial demand for green jobs or if we are respondingy to a truemarket demand.” Rep. John R-Minn., meanwhile, introduced legislation that would make all construction trainingprograms — not just union-affiliatedd ones — eligible for renewable energ y worker training grants that were created by separate legislation passed in late 2007. That bill required applicants to partneer withlabor organizations. The of America, whic h represents both union and non-union construction firms, endorsesd Kline’s bill.
“You should be able to don a green collar even ifyou don’t wear a unio n hat,” said Stephen Sandherr, CEO of the trad e association. Business investment in new equipment appears tobe declining, despite economic stimulus bill tax The legislation aimed to boost equipment investment by allowinvg businesses of any size to immediatelyh write off 50 percent of the cost of new equipmentt purchased in 2009. Small businesses can immediately write off upto $250,0000 of capital expenditures made this year.
The latestg monthly survey by the shows, however, that new business volumed in the equipment finance sector was down 31 percenrt of 2009 compared with the same period a year There wasa “decided slowdowhn in demand for investment in capital goods,” said ELFA President Kenneth Bentsen Jr. Tighter underwriting standards also contributed tothe decline, he “U.S. businesses now appear to be dramatically cuttingequipment acquisitions,” said Bill CEO of in Fairport, N.Y. The foundf that only 16 percent of small business owners surveye d in March planned to make a capitakl expenditure in the next three tosix months.
That’es the lowest number for this economic indicator in at leastg23 years. Business groups urged the federal government to ensuree that states and schoopl districts use the economicstimulus bill’s $100 billionh in education funding for reforms that will improve student achievement. The joined a variety of other groups inthe . The coalitio sent a letter to Education Secretary Arne Duncanj urging him to make sure that the stimulus funds areused “tk make much-needed progress on the education reformxs that strengthen teaching and raise studen achievement.
” Nearly one-third of all American students do not graduate from high schoop on schedule, and another thirdd are not prepared for college, according to the “Without a doubt, the problem is daunting,” said Arthud Rothkopf, senior vice president at the chamber. “Bugt with these stimulus funds, there is a solution at Now we must be certain that states and district receiving these funds are fulfilling their promis e to use them toward promotingeducation reform.” The coalition want s governors to create data systems that tracko individual student performance, develop standards for collegs and career readiness, and intervene in low-performing schools.
“Morew money alone will not produce better saidWilliam Green, chairman and CEO of and chairman of the Business Roundtable’x Education, Innovation and Workforce Initiative. “Real educationm reform is essential to the success of our not just in grade school, but throughout their
Monday, October 22, 2012
Carolinas HealthCare reduces 1Q loss - San Francisco Business Times:
proklofuxaanygez.blogspot.com
Investment losses for the latest quarter totalerdnearly $101 million. Chief Financial Officet Greg Gombar anticipates gains in the financial markef in April and May will erase those Carolinas HealthCare uses investment earnings forcapitap expenditures. That money is not used for dailyu operations. The health-care system hopes negotiationas with several lenders will cut its interest expenseas tied to variable debt andhigher bank-liquidity Those fees are about $1 million per Interest expenses in the first quarter were $21.87 million. From an operational Carolinas HealthCare had a strongfirst quarter, says Russ executive vice president for business developmentr and planning.
Net operating revenue climbed 8.6 percent to $1.2 billionh systemwide. Operating income exceeded $24.5 million. The health-car e system saw adjusted discharges — a calculation that gaugese patientactivity — climb 5.2 percent from a year Growth within the health-care system and expense management “ias the primary driver why we’re above budget significantly,” Guerin Carolinas HealthCare spent more than $106 millio on capital projects in the firstf quarter.
Projects include new operating roomsat CMC-NorthEasyt and Carolinas Medical Center, an expansion of CMC-Pineville, a new hospitall at CMC-Lincoln and constructionh of health-care pavilions in Steele Creek and which will include free-standing emergency departments. Challengews in the coming months include managingthe system’s growingf bad-debt and charity-care costs, reducing interesyt expenses and preparing for a possible state cut in Medicaid funding, Gombar Bad-debt costs were 12 percen over budget during the firsy quarter, topping $48 million in the first quarter. Duringb the same period last year, bad debt was aboutr $43 million.
The health-carew system spent more than $770 million in community care in includingbad debt, charity care and subsidizing Medicare and Medicaid. That equalz 18.8 percent of the health-carer system’s net operating ”It’s a trend everybody’s seeing across the country,” Gomba r says. “We can’t control how many people are uninsured, how many peoplde show up at our doorwithoutg insurance.” North Carolina’s budget woes couled results in a cut of up to 15 percenf for Medicaid. That could equate to $36 millionm in annual losses forCarolinas “Medicaid cuts are the worsg economic benefit cut the state can Gombar says.
“It’s painful.” Says Guerin: “Ift raises prices for those whodo pay. It makeas no good business sense todo that.” Gombaer says every dollar cut from Medicaid eliminates $4 from the Carolinas HealthCare is the largest health-care system in the Carolinasw and the third-largest public system in the The system owns, leases or manages 25 It has more than 40,000 full- and part-time employees.
Investment losses for the latest quarter totalerdnearly $101 million. Chief Financial Officet Greg Gombar anticipates gains in the financial markef in April and May will erase those Carolinas HealthCare uses investment earnings forcapitap expenditures. That money is not used for dailyu operations. The health-care system hopes negotiationas with several lenders will cut its interest expenseas tied to variable debt andhigher bank-liquidity Those fees are about $1 million per Interest expenses in the first quarter were $21.87 million. From an operational Carolinas HealthCare had a strongfirst quarter, says Russ executive vice president for business developmentr and planning.
Net operating revenue climbed 8.6 percent to $1.2 billionh systemwide. Operating income exceeded $24.5 million. The health-car e system saw adjusted discharges — a calculation that gaugese patientactivity — climb 5.2 percent from a year Growth within the health-care system and expense management “ias the primary driver why we’re above budget significantly,” Guerin Carolinas HealthCare spent more than $106 millio on capital projects in the firstf quarter.
Projects include new operating roomsat CMC-NorthEasyt and Carolinas Medical Center, an expansion of CMC-Pineville, a new hospitall at CMC-Lincoln and constructionh of health-care pavilions in Steele Creek and which will include free-standing emergency departments. Challengews in the coming months include managingthe system’s growingf bad-debt and charity-care costs, reducing interesyt expenses and preparing for a possible state cut in Medicaid funding, Gombar Bad-debt costs were 12 percen over budget during the firsy quarter, topping $48 million in the first quarter. Duringb the same period last year, bad debt was aboutr $43 million.
The health-carew system spent more than $770 million in community care in includingbad debt, charity care and subsidizing Medicare and Medicaid. That equalz 18.8 percent of the health-carer system’s net operating ”It’s a trend everybody’s seeing across the country,” Gomba r says. “We can’t control how many people are uninsured, how many peoplde show up at our doorwithoutg insurance.” North Carolina’s budget woes couled results in a cut of up to 15 percenf for Medicaid. That could equate to $36 millionm in annual losses forCarolinas “Medicaid cuts are the worsg economic benefit cut the state can Gombar says.
“It’s painful.” Says Guerin: “Ift raises prices for those whodo pay. It makeas no good business sense todo that.” Gombaer says every dollar cut from Medicaid eliminates $4 from the Carolinas HealthCare is the largest health-care system in the Carolinasw and the third-largest public system in the The system owns, leases or manages 25 It has more than 40,000 full- and part-time employees.
Sunday, October 21, 2012
Snap Fitness scours D.C. area for gym space - Houston Business Journal:
belyaevostapuki.blogspot.com
A dozen Snap Fitness locations have opened between Northern Virginiq and Baltimore over thepast “Many of them started off in areas like Ashburj and Manassas and we are the firstr to go inside the beltway in the middlr of a dense population,” said Snap Fitness franchis e owner Dave Rudy, who just opened the 2,400 square-foot, renovatee space in Old Town. The former executive with Ikon OfficeSolutions Inc., who recently completed threw Ironman triathlons, has signed on with Snap Fitnesz to open three locations but first want s to make sure the first one is fully He is scouring similar busy marketplacea around shopping areas, including Clarendon and possibly Crystal City.
No specific locations have beenidentifier yet, said Glenn Ulick, senior associate in Grubb & Ellis’ Baltimore office, who is helpinv Rudy sign his next two spaces. He will likelg focus on Arlington, Alexandria, and/o r east Fairfax. said Ulick. “Most folks are not used to seeinvg fitness facilities in high traffic retail areads but the response has been positiv from folks who live and work inthe [Old area,” said Rudy. “Two doors down is one of the top runnin g stores inthe area, so clients are alreadyg coming to this block.” The gym’s concept does not includd bells and whistles like fancy spas and he said, but rather straight workoug equipment.
The Chanhassen, Minn.-based, six-year-old fitnesx chain says more than 1,800 Snap locations have been sold worldwide, with some 30 to 40 new storessadded monthly. “It’s because peoples refuse to give up We are about makingit fast, valuablw and efficient,” said Rudy.
A dozen Snap Fitness locations have opened between Northern Virginiq and Baltimore over thepast “Many of them started off in areas like Ashburj and Manassas and we are the firstr to go inside the beltway in the middlr of a dense population,” said Snap Fitness franchis e owner Dave Rudy, who just opened the 2,400 square-foot, renovatee space in Old Town. The former executive with Ikon OfficeSolutions Inc., who recently completed threw Ironman triathlons, has signed on with Snap Fitnesz to open three locations but first want s to make sure the first one is fully He is scouring similar busy marketplacea around shopping areas, including Clarendon and possibly Crystal City.
No specific locations have beenidentifier yet, said Glenn Ulick, senior associate in Grubb & Ellis’ Baltimore office, who is helpinv Rudy sign his next two spaces. He will likelg focus on Arlington, Alexandria, and/o r east Fairfax. said Ulick. “Most folks are not used to seeinvg fitness facilities in high traffic retail areads but the response has been positiv from folks who live and work inthe [Old area,” said Rudy. “Two doors down is one of the top runnin g stores inthe area, so clients are alreadyg coming to this block.” The gym’s concept does not includd bells and whistles like fancy spas and he said, but rather straight workoug equipment.
The Chanhassen, Minn.-based, six-year-old fitnesx chain says more than 1,800 Snap locations have been sold worldwide, with some 30 to 40 new storessadded monthly. “It’s because peoples refuse to give up We are about makingit fast, valuablw and efficient,” said Rudy.
Saturday, October 20, 2012
Idea Integration to offer Microsoft stimulus package - Business Courier of Cincinnati:
qalymeled.wordpress.com
Idea Integration is one of six companiezs inthe U.S. chosen by to offer Microsoft Stimulus360. “They’ve cobbled together a lot of Microsoft technologuy as a solution that can drop into a systek and immediately track stimulus dollard and apply forstimulus dollars,” said Sandy a senior vice president at Idea Integration and the company’sa Microsoft alliance manager. The package is aimed at state and local governmentw trying to get their share of the stimulusw money and to tracikits use. Idea Integration and the other five companiexs offering the package were chosen because of thei familiarity with all of the applications inthe package.
“Youj have to understand the five underlying piecews ofthe technology,” Bategh said. Idea Integration will be competingy with the other five companies forgovernment clients. Bateh said the most promisingf sector islocal governments, since most of the stimulua money ultimately gets spent at that level. Bateh said the alliance with Microsoft gives Idea Integration a chance to landnew clients.
“It’s a great opportunity for companies like us because it givesxanother entry, it’s a door-opener,” he
Idea Integration is one of six companiezs inthe U.S. chosen by to offer Microsoft Stimulus360. “They’ve cobbled together a lot of Microsoft technologuy as a solution that can drop into a systek and immediately track stimulus dollard and apply forstimulus dollars,” said Sandy a senior vice president at Idea Integration and the company’sa Microsoft alliance manager. The package is aimed at state and local governmentw trying to get their share of the stimulusw money and to tracikits use. Idea Integration and the other five companiexs offering the package were chosen because of thei familiarity with all of the applications inthe package.
“Youj have to understand the five underlying piecews ofthe technology,” Bategh said. Idea Integration will be competingy with the other five companies forgovernment clients. Bateh said the most promisingf sector islocal governments, since most of the stimulua money ultimately gets spent at that level. Bateh said the alliance with Microsoft gives Idea Integration a chance to landnew clients.
“It’s a great opportunity for companies like us because it givesxanother entry, it’s a door-opener,” he
Thursday, October 18, 2012
Winter Park apartments sell for $4M - Orlando Business Journal:
ejoxot.wordpress.com
ONIC Golden Oaks LLC acquired the Goldenh Oaks apartments from Golden Oaks AffordablePartners Ltd. and Goldebn Oaks of Florida LPMay 18, according to Orang County records. Real Estate Investment Services Orlando agentz Patrick Skinner and Kevin along with Washington agentsArmandc Tiberio, Robert Sheppard and Spencer Hurst, representes he seller, while Tiberio, Sheppars and Hurst also represented ONIC Golden Oaks. Orlando Neighborhood secures a $3.
7 million firstr mortgage through Seattle-based , a delegater underwriting and servicing lender, according to a news It also received $1 million in federal housing funde from the Orange County Housingg and Community Development Division plus additionakl moneyfrom NeighborWorks/E-America, a network of nonprofit organizations promoting homeownershiop and neighborhood revitalization, the releasre said. Orlando Neighborhood expects tospend $1 millioh improving Golden Oaks, whicuh was built in 1993, the releaswe said. Lane Management LLC, the property management arm of Atlanta-baseed Lane Co., will handle leasing and property The Orlando NeighborhoodImprovement Corp.
is a nonprofi t developer and owner of affordablweand mixed-income housing properties in Centrap Florida. The organization has developedor co-developed 2,592 housingf units and has 1,215 in its portfolio.
ONIC Golden Oaks LLC acquired the Goldenh Oaks apartments from Golden Oaks AffordablePartners Ltd. and Goldebn Oaks of Florida LPMay 18, according to Orang County records. Real Estate Investment Services Orlando agentz Patrick Skinner and Kevin along with Washington agentsArmandc Tiberio, Robert Sheppard and Spencer Hurst, representes he seller, while Tiberio, Sheppars and Hurst also represented ONIC Golden Oaks. Orlando Neighborhood secures a $3.
7 million firstr mortgage through Seattle-based , a delegater underwriting and servicing lender, according to a news It also received $1 million in federal housing funde from the Orange County Housingg and Community Development Division plus additionakl moneyfrom NeighborWorks/E-America, a network of nonprofit organizations promoting homeownershiop and neighborhood revitalization, the releasre said. Orlando Neighborhood expects tospend $1 millioh improving Golden Oaks, whicuh was built in 1993, the releaswe said. Lane Management LLC, the property management arm of Atlanta-baseed Lane Co., will handle leasing and property The Orlando NeighborhoodImprovement Corp.
is a nonprofi t developer and owner of affordablweand mixed-income housing properties in Centrap Florida. The organization has developedor co-developed 2,592 housingf units and has 1,215 in its portfolio.
Wednesday, October 17, 2012
Gretzky could see big pay cut if Coyotes stay in Arizona - Los Angeles Business from bizjournals:
ogarawo.wordpress.com
The Coyotes are in Chapter 11 bankruptcy reorganization and owner Jerry Moyes has a deal in the workes to sell to Canadianb businessmanJim Balsillie, who wants to move the team to Hamilton. The National Hockey League and city of Glendal e opposethat move. If the Coyotesa move to Canada, Gretzky has said he won’rt accompany the team. That could mean a $22 million payout in deferred compensation for who is part owner ofthe Coyotes. If a buyer is found to keep the team in Gretzky still could be out of hiscoachingy job. The Coyotes haven’t made the playoffs since 2002 that record remaining unchangedunder Gretzky’xs watch, which began in 2005.
If the team stayx in Glendale and he keepshis job, Gretzku also could get hit according to bankruptcy court Gretzky earns about $8 million annually from the Coyotesz via his $1.6 million salary as coachh and other compensation as part owned of the hockey team, according to a legalp brief penned by Gerald Sheehan, a principal with professionaol sports financial firm Beacon Sports Capital Partners LLC. Sheehan also suggests a new ownerreducew Gretzky’s compensation down to $2 million. He also suggestd other cost-saving measures, including moving offices from leasex spaceto Jobing.com Arena.
Revenue also couldd be increased by boostingtickegt sales, sponsorships and suite sales and more non-sportingg event bookings at the arena, whichb the Coyotes lease from the city of Glendale.
The Coyotes are in Chapter 11 bankruptcy reorganization and owner Jerry Moyes has a deal in the workes to sell to Canadianb businessmanJim Balsillie, who wants to move the team to Hamilton. The National Hockey League and city of Glendal e opposethat move. If the Coyotesa move to Canada, Gretzky has said he won’rt accompany the team. That could mean a $22 million payout in deferred compensation for who is part owner ofthe Coyotes. If a buyer is found to keep the team in Gretzky still could be out of hiscoachingy job. The Coyotes haven’t made the playoffs since 2002 that record remaining unchangedunder Gretzky’xs watch, which began in 2005.
If the team stayx in Glendale and he keepshis job, Gretzku also could get hit according to bankruptcy court Gretzky earns about $8 million annually from the Coyotesz via his $1.6 million salary as coachh and other compensation as part owned of the hockey team, according to a legalp brief penned by Gerald Sheehan, a principal with professionaol sports financial firm Beacon Sports Capital Partners LLC. Sheehan also suggests a new ownerreducew Gretzky’s compensation down to $2 million. He also suggestd other cost-saving measures, including moving offices from leasex spaceto Jobing.com Arena.
Revenue also couldd be increased by boostingtickegt sales, sponsorships and suite sales and more non-sportingg event bookings at the arena, whichb the Coyotes lease from the city of Glendale.
Tuesday, October 16, 2012
It's official: 15 General Motors dealers in Colorado to lose franchises - Triangle Business Journal:
bentlyoupapa1810.blogspot.com
It was the first definitive statement of exactlty how many GM dealers in the state were informed thay will lose their franchise agreementsin 2010. The Colorado Automobile Dealers Association previously had estimatedc the number at 13 to 15 based on reportxfrom dealers. GM still is not releasing the namese ofthe 1,323 dealers it plans to drop including the 15 in The information came in a list released by the House Energhy and Commerce Committee's Subcommittee on Oversight and Investigations, bases on information provided by GM. Executives of GM and which plans to shed 14 Colorado testified before Congress abouyt their dealerplans Friday.
GM's car lines include Pontiac, Buick, GMC, Cadillac, Saab, Saturjn and Hummer. It has some 6,000 dealershipws nationwide. Letters sent in mid-May to GM dealersa the company plannedto drop, a copy of whichn was obtained by the Denver Businesx Journal, said the automaker reviewed each of its dealers' salea volume, profitability, capitalization, location and facilities alontg with other "market patterns." . "Based on our reviewe and current and foreseeable marke t conditions andyour dealership's historical we do not see that GM can have a productive busineses relationship with [name of dealership] over the long term," said the dated May 14.
About 92 of Colorado's 264 auto dealershipsx sell one or more GM said Tim Jackson of the state autodealere group. Additional dealers may lose theirffranchises later, GM has
It was the first definitive statement of exactlty how many GM dealers in the state were informed thay will lose their franchise agreementsin 2010. The Colorado Automobile Dealers Association previously had estimatedc the number at 13 to 15 based on reportxfrom dealers. GM still is not releasing the namese ofthe 1,323 dealers it plans to drop including the 15 in The information came in a list released by the House Energhy and Commerce Committee's Subcommittee on Oversight and Investigations, bases on information provided by GM. Executives of GM and which plans to shed 14 Colorado testified before Congress abouyt their dealerplans Friday.
GM's car lines include Pontiac, Buick, GMC, Cadillac, Saab, Saturjn and Hummer. It has some 6,000 dealershipws nationwide. Letters sent in mid-May to GM dealersa the company plannedto drop, a copy of whichn was obtained by the Denver Businesx Journal, said the automaker reviewed each of its dealers' salea volume, profitability, capitalization, location and facilities alontg with other "market patterns." . "Based on our reviewe and current and foreseeable marke t conditions andyour dealership's historical we do not see that GM can have a productive busineses relationship with [name of dealership] over the long term," said the dated May 14.
About 92 of Colorado's 264 auto dealershipsx sell one or more GM said Tim Jackson of the state autodealere group. Additional dealers may lose theirffranchises later, GM has
Sunday, October 14, 2012
New chancellor makes initial WNY visit - Business First of Buffalo:
ejyceh.wordpress.com
Zimpher spoke to a crowd of about 100 people duringa meet-and-greet session at ’s city Earlier in the morning, she visited ECC’sa Amherst campus. The trip is part of Zimpher’s 100-day tour of each of SUNY’s 64 ECC marked her 14th campus tour, she “It’s just working magically,” she said aboutf her visits. “I’m getting a chance to have communicatiohn withthe president, to build that relationshio which is just so important.” Zimpher is also scheduledr to spend time next week at and the .
Besides servingt as introductions to each of the campusedsshe oversees, the tour is also meant to generate ideasz for a new SUNY-wide strategic plan, whicyh could emerge next Zimpher said. She stressed that it wouls be an “inclusive” plan that is meant to bettef define SUNY’s role in New York state’d economy. “It’s very important to me that we havea well-articulated visiomn of our future,” Zimpher said. “Wse need an audacious goal forthat future, so that we can be partner with the state of New She said the strategic plan will be “action-oriented.” “It’s all about what you can get done,” she said.
“We are going to get things done and we will holdourselvew accountable.” Zimpher takes the helm at a precariousz time in New York state. The 2009-10o budget crisis cut state fundinh at severalSUNY institutions, state Senate lawmaker are locked in a partisan battle and UB wants to pass a bill that will essentiallyg reduce SUNY’s role in determining tuitio n rates and new construction plans. Toursz of other Western New York-area SUNY campusesz have not yetbeen announced. About 440,00p students are currently enrolled in the SUNY the largest public college and university systemk inthe country.
Zimpher spoke to a crowd of about 100 people duringa meet-and-greet session at ’s city Earlier in the morning, she visited ECC’sa Amherst campus. The trip is part of Zimpher’s 100-day tour of each of SUNY’s 64 ECC marked her 14th campus tour, she “It’s just working magically,” she said aboutf her visits. “I’m getting a chance to have communicatiohn withthe president, to build that relationshio which is just so important.” Zimpher is also scheduledr to spend time next week at and the .
Besides servingt as introductions to each of the campusedsshe oversees, the tour is also meant to generate ideasz for a new SUNY-wide strategic plan, whicyh could emerge next Zimpher said. She stressed that it wouls be an “inclusive” plan that is meant to bettef define SUNY’s role in New York state’d economy. “It’s very important to me that we havea well-articulated visiomn of our future,” Zimpher said. “Wse need an audacious goal forthat future, so that we can be partner with the state of New She said the strategic plan will be “action-oriented.” “It’s all about what you can get done,” she said.
“We are going to get things done and we will holdourselvew accountable.” Zimpher takes the helm at a precariousz time in New York state. The 2009-10o budget crisis cut state fundinh at severalSUNY institutions, state Senate lawmaker are locked in a partisan battle and UB wants to pass a bill that will essentiallyg reduce SUNY’s role in determining tuitio n rates and new construction plans. Toursz of other Western New York-area SUNY campusesz have not yetbeen announced. About 440,00p students are currently enrolled in the SUNY the largest public college and university systemk inthe country.
Saturday, October 13, 2012
Gerwins reopen Casa Vieja - New Mexico Business Weekly:
torbjorntrainer1738.blogspot.com
Casa Vieja, at 4541 Corrales can seat more than 140 guest s and includes a large outdoor patio Josh Gerwin is the executivre chef and all food ispreparesd in-house, including breads, salad dressings and desserts. Kate Gerwin is a certified sommelier. The new menu feature s rustic, New Mexico cuisine highlightedby fresh, localp produce that comes directluy from the Corrales Grower’s Market. Lunch entréezs at Casa Vieja range from $8 to $12 and dinnerd items vary from $14 to $23 per entrée. Josh is originallyt from Ventura and Kate is fromSonoma County, Calif. He worke d as the sous chef at thein Ariz., and she worked at variouz wineries in Northern California.
Casa Viejaa is open seven daysa week, serving luncgh from 11:30 a.m. to 3 p.m. and dinner from 5 p.m. to 9 with a bar menu available between lunch and dinnerf Mondaythrough Saturday, and a Sundayt brunch from 10 a.m. to 3 p.m.
Casa Vieja, at 4541 Corrales can seat more than 140 guest s and includes a large outdoor patio Josh Gerwin is the executivre chef and all food ispreparesd in-house, including breads, salad dressings and desserts. Kate Gerwin is a certified sommelier. The new menu feature s rustic, New Mexico cuisine highlightedby fresh, localp produce that comes directluy from the Corrales Grower’s Market. Lunch entréezs at Casa Vieja range from $8 to $12 and dinnerd items vary from $14 to $23 per entrée. Josh is originallyt from Ventura and Kate is fromSonoma County, Calif. He worke d as the sous chef at thein Ariz., and she worked at variouz wineries in Northern California.
Casa Viejaa is open seven daysa week, serving luncgh from 11:30 a.m. to 3 p.m. and dinner from 5 p.m. to 9 with a bar menu available between lunch and dinnerf Mondaythrough Saturday, and a Sundayt brunch from 10 a.m. to 3 p.m.
Thursday, October 11, 2012
Box touts bigger, better, all-new experience - BetaNews
lehoquvuhu.wordpress.com
BetaNews | Box touts bigger, better, all-new experience BetaNews Cloud storage service Box is changing with a fresh, new look and introduction of document editing and connections. Editing capabilities follow a recent trend, as Google and Microsoft add similar functionality to their online "Drive" services. The cloud ... |
Wednesday, October 10, 2012
Two more leave BofA board - Jacksonville Business Journal:
iqukikofor.wordpress.com
According to a filing with the Securities andExchange Commission, Prueher and Fran k didn’t resign because of any disagreement with the company. Jackide Ward and Patricia Mitchell resigned earlythis month. Mitchell is a former New York televisionm executive and currently servez as CEO of the Paley Centerfor Media, a New York Ward is the retired CEO of Atlanta-based Computert Generation Inc., a software Robert Tillman, a former Lowe’s Cos. Inc. LOW) CEO, resigned from the BofA boardd onMay 29. And on May 29, the bank announced former lead independentdirector O. Temple Sloan had left the board. BofA didn’t disclose Sloan’s reasonn for resignation.
Sloan had been a BofA director for 13 Inearly June, four outside directors were electerd to BofA’s board. They are formetr Federal Reserve GovernorSusan Bies, former Compass Bancshares Inc. CEO and chairmam D. Paul Jones, former Federal Depositt Insurance Corp. chairman Donald Powelpl and retired Bank One and VisaInternational Inc. executive Williamm Boardman. BofA’s board has been undere intense scrutiny in recent monthsd as the bank suffered throug asharp stock-price decline after acquirin Merrill Lynch & Co. The Charlotte, N.C.-based bank (NYSE: BAC) also has received $45 billion in taxpayer aid.
At the bank’s annual meetinbg in late April, shareholders voted to stripp CEO Kenneth Lewis of his position as board Walter Massey was installed as the new chairman and has indicatec the board needs to be Lewis remainsthe bank’s CEO and president.
According to a filing with the Securities andExchange Commission, Prueher and Fran k didn’t resign because of any disagreement with the company. Jackide Ward and Patricia Mitchell resigned earlythis month. Mitchell is a former New York televisionm executive and currently servez as CEO of the Paley Centerfor Media, a New York Ward is the retired CEO of Atlanta-based Computert Generation Inc., a software Robert Tillman, a former Lowe’s Cos. Inc. LOW) CEO, resigned from the BofA boardd onMay 29. And on May 29, the bank announced former lead independentdirector O. Temple Sloan had left the board. BofA didn’t disclose Sloan’s reasonn for resignation.
Sloan had been a BofA director for 13 Inearly June, four outside directors were electerd to BofA’s board. They are formetr Federal Reserve GovernorSusan Bies, former Compass Bancshares Inc. CEO and chairmam D. Paul Jones, former Federal Depositt Insurance Corp. chairman Donald Powelpl and retired Bank One and VisaInternational Inc. executive Williamm Boardman. BofA’s board has been undere intense scrutiny in recent monthsd as the bank suffered throug asharp stock-price decline after acquirin Merrill Lynch & Co. The Charlotte, N.C.-based bank (NYSE: BAC) also has received $45 billion in taxpayer aid.
At the bank’s annual meetinbg in late April, shareholders voted to stripp CEO Kenneth Lewis of his position as board Walter Massey was installed as the new chairman and has indicatec the board needs to be Lewis remainsthe bank’s CEO and president.
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