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Founded and headed by Matt Pedal to Properties is a residentiakl real estate firm that gives clients the optionb of looking at homes by The company maintains a fleet of 50 ElectraaCruiser bikes. Kolb has sold a 50 percent stake in the companu for an undisclosed sum to attorneyTim Majors, who specializesx in taking regional retail businesses national. As a partnef in Pedal to Properties, Majors will work out of the company’ Boulder office. Majors, who’w originally from Perth, Australia, approached Kolb about investing in the real estatw firm after looking at Bouldere propertiesby bicycle.
“We certainly plan to incorporatre [Tim’s] national and international branding expertise to expand Pedal to Propertiew inother markets,” Kolb said in a statement. Peda l to Properties plans to look at openingg branch officesin other, unspecifief U.S. markets. In May, the companty launched a licensee designation for brokers intereste d in using the Boulder operational formula in their The Colorado company already is working to expan d quickly in its hometown by addinf more space and agents indowntownb Boulder.
“I believe Pedal to Properties is in a perfecty position to meet the evolvinh social and demographic changes goingy on in the Unitex Stateswith homebuyers,” Majors said in a statement.
Sunday, June 10, 2012
Friday, June 8, 2012
Archway doubles in size with acquisition of Resolve division - Minneapolis / St. Paul Business Journal:
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has completed its purchase of the supply chaimn management divisionof Toronto’s Resolvse Business Outsourcing Income Fund. Archway paid abou t $21 million for the division ofResolvs (TSX: RBO.UN). The deal included client contracts, eight Americam locations and five Canadian as well as approximately800 employees, accordinbg to a press release from As a result of the deal, Archway has nearly doubledd in size to annual revenues of about $200 millionh and close to 1,500 employeez and 3.5 million square feet of distributiomn space, Archway said in its press Archway is a marketint operations management company that assists firmsx with rebates and consume r promotions.
It is also one of the largest managers and inNorth America. Archwau has more than 40 clients, including Target, Ford, MasterCard, Subway, Taco Bell, and Microsoft. Resolve’s supply chainb management division has approximately 225 clientsincludinb Neutrogena, Honda, Miller Brewing, Pepsi, Staples, Philio Morris, Blockbuster, Procter & Gamble and Archway said this deal will help it gain more economied of scale and land more business in the turbulent fulfillmen and promotions industry.
“Major brandxs are streamlining their marketing resources and looking for partnersd they can count on to perform the work ofmultiplw vendors,” stated Mike Moroz, president of “More importantly, they need to be confident that their partners are goingv to be in business tomorrowe and next year.” Archway is privateluy held. In November 2008, Tailwind Capital Partners and Blackl Canyon Capital acquired the company along with the Archwaytmanagement team.
has completed its purchase of the supply chaimn management divisionof Toronto’s Resolvse Business Outsourcing Income Fund. Archway paid abou t $21 million for the division ofResolvs (TSX: RBO.UN). The deal included client contracts, eight Americam locations and five Canadian as well as approximately800 employees, accordinbg to a press release from As a result of the deal, Archway has nearly doubledd in size to annual revenues of about $200 millionh and close to 1,500 employeez and 3.5 million square feet of distributiomn space, Archway said in its press Archway is a marketint operations management company that assists firmsx with rebates and consume r promotions.
It is also one of the largest managers and inNorth America. Archwau has more than 40 clients, including Target, Ford, MasterCard, Subway, Taco Bell, and Microsoft. Resolve’s supply chainb management division has approximately 225 clientsincludinb Neutrogena, Honda, Miller Brewing, Pepsi, Staples, Philio Morris, Blockbuster, Procter & Gamble and Archway said this deal will help it gain more economied of scale and land more business in the turbulent fulfillmen and promotions industry.
“Major brandxs are streamlining their marketing resources and looking for partnersd they can count on to perform the work ofmultiplw vendors,” stated Mike Moroz, president of “More importantly, they need to be confident that their partners are goingv to be in business tomorrowe and next year.” Archway is privateluy held. In November 2008, Tailwind Capital Partners and Blackl Canyon Capital acquired the company along with the Archwaytmanagement team.
Thursday, June 7, 2012
Survey: Executives more upbeat on economy - Houston Business Journal:
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The survey was conducted by at an Audi Committee Institute roundtable discussion in While 44 percent of respondents expec the recession to hit bottomby year-end, 18 percen t are even more suggesting the worst is over. Survey respondentz are in a much more upbeat mood than six monthas earlier when 74 percent said the economic downturj could last into 2010 and Though most board members expressed confidence in senior executives’ ability to manage through the toughb economy, 54 percent said managementg does not have a formal processe to identify key changes in the busines that could be linked to the organization’s risk managemengt efforts.
Edgar “Bud” Giesinger, managing partner of KPMG’s Houstonj office, pointed out that about 41 percengt of the executives said they were only somewhaf or not at all satisfied that their compant had identified the appropriate metrics to tracik and assess its performance in the currenteconomic environment. “Thias economy has caused boards to conducg a broad recalibration of their governancrand oversight. Directors are insisting on better informationj about the business in a format that is clear and he said.
• Fifty-six percent of the respondents said thattheirt organization’s culture encourages them to a great extent to question, challeng e and test management; 34 percent said they were encouraged to a limitedr extent; and 10 percent said they were not encourageed at all. • Generally, the respondentsa said, boards are “falling short” in their abilitg or willingness to challengemanagement (32 percent); willingness to addresas board performance (29 percent); and willingneszs to address board composition or skills sets (15
The survey was conducted by at an Audi Committee Institute roundtable discussion in While 44 percent of respondents expec the recession to hit bottomby year-end, 18 percen t are even more suggesting the worst is over. Survey respondentz are in a much more upbeat mood than six monthas earlier when 74 percent said the economic downturj could last into 2010 and Though most board members expressed confidence in senior executives’ ability to manage through the toughb economy, 54 percent said managementg does not have a formal processe to identify key changes in the busines that could be linked to the organization’s risk managemengt efforts.
Edgar “Bud” Giesinger, managing partner of KPMG’s Houstonj office, pointed out that about 41 percengt of the executives said they were only somewhaf or not at all satisfied that their compant had identified the appropriate metrics to tracik and assess its performance in the currenteconomic environment. “Thias economy has caused boards to conducg a broad recalibration of their governancrand oversight. Directors are insisting on better informationj about the business in a format that is clear and he said.
• Fifty-six percent of the respondents said thattheirt organization’s culture encourages them to a great extent to question, challeng e and test management; 34 percent said they were encouraged to a limitedr extent; and 10 percent said they were not encourageed at all. • Generally, the respondentsa said, boards are “falling short” in their abilitg or willingness to challengemanagement (32 percent); willingness to addresas board performance (29 percent); and willingneszs to address board composition or skills sets (15
Tuesday, June 5, 2012
UN, Syria sign aid agreement but access key - Reuters
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AFP | UN, Syria sign aid agreement but access key Reuters By Stephanie Nebehay | GENEVA (Reuters) - Syria has agreed to » |
Monday, June 4, 2012
Author Lord Whimsy is Mount Holly's swankiest, most articulate citizen - The Star-Ledger - NJ.com
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The Star-Ledger - NJ.com | Author Lord Whimsy is Mount Holly's swankiest, most articulate citizen The Star-Ledger - NJ.com By Peter Genovese/The Star-Ledger Jennifer Brown/The Star-LedgerVictor Allen Crawford also known as Lord Breaulove Swells Whimsy is a writer and illustrator. He poses at his Mount Holly home with his wife Susan. Lord Whimsy รข€" so rry, Lord Breaulove ... |
Saturday, June 2, 2012
Tennessee lenders so far steering clear of ARC loan program for small businesses - Business Courier of Cincinnati:
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As of July 6, 251 loana were funded with a valuewof $8.29 million, but none in Tennessee, says Davixd Tiller, public information officer for SBA’s Tennessee “At this point I don’t know of in Tennessee, he says. “Bankse are in a training they have alearning curve.” Loans have so far been done in 35 states by 121 lenders for 151 differenft industries, Tiller says. More than 3,000 individuals from 1,300 institutions participateds in the ARC information and training session, Tiller says. The program is scheduled to end Sept. 30 or when the allocater $350 million runs out, whichevert comes first.
But the fact that no businessesin Tennessee, much less have applied is worrisome to some businessx advocates. “I hate to see an area like the Mid-Southu that needs an economicf boost miss out on something because it got bungler in implementation or for whatever reasob banks decided not todo it,” says businesd and estate planning attorney John Windsot Jr. with Windsor Law Firm PLC. Windso contacted more than a half dozen banks for clientxs to see if lenders were underwritinfgARC loans. Conversations with two lenders revealed concerns about guaranteeing the loan s and confusion with some of the terms spelled out in the one being an understanding ofa “viablee business.
” The SBA defines a viable businesw as “one that has been profitable in the past but is just beginniny to struggle with making loan payments, and can reasonablh project that it can get back on track with the infusiob of ARC loan funds and the benefig of deferred payments.” Some bankers believe the legislation is too ambiguouxs and the risk too great. “The thrust was they just don’r know what they can and can’t Windsor says. Anthony Wilkinson, president and CEO of the Stillwater, Okla.-baser , says the program has received a very lukewarkm reception fromhis members.
The association recentl sent a six-page letter to the SBA with 40 questions directl yfrom members, Wilkinson Lenders were concerned with mainly technical issues such as how to file how fast they will get paid and references to 7(a) loan requirementse even though ARC is not a 7(a) loan. “Somre lenders are taking the view it’d a lot of work for a $35,000 loan,” Wilkinsonm says.
As of July 6, 251 loana were funded with a valuewof $8.29 million, but none in Tennessee, says Davixd Tiller, public information officer for SBA’s Tennessee “At this point I don’t know of in Tennessee, he says. “Bankse are in a training they have alearning curve.” Loans have so far been done in 35 states by 121 lenders for 151 differenft industries, Tiller says. More than 3,000 individuals from 1,300 institutions participateds in the ARC information and training session, Tiller says. The program is scheduled to end Sept. 30 or when the allocater $350 million runs out, whichevert comes first.
But the fact that no businessesin Tennessee, much less have applied is worrisome to some businessx advocates. “I hate to see an area like the Mid-Southu that needs an economicf boost miss out on something because it got bungler in implementation or for whatever reasob banks decided not todo it,” says businesd and estate planning attorney John Windsot Jr. with Windsor Law Firm PLC. Windso contacted more than a half dozen banks for clientxs to see if lenders were underwritinfgARC loans. Conversations with two lenders revealed concerns about guaranteeing the loan s and confusion with some of the terms spelled out in the one being an understanding ofa “viablee business.
” The SBA defines a viable businesw as “one that has been profitable in the past but is just beginniny to struggle with making loan payments, and can reasonablh project that it can get back on track with the infusiob of ARC loan funds and the benefig of deferred payments.” Some bankers believe the legislation is too ambiguouxs and the risk too great. “The thrust was they just don’r know what they can and can’t Windsor says. Anthony Wilkinson, president and CEO of the Stillwater, Okla.-baser , says the program has received a very lukewarkm reception fromhis members.
The association recentl sent a six-page letter to the SBA with 40 questions directl yfrom members, Wilkinson Lenders were concerned with mainly technical issues such as how to file how fast they will get paid and references to 7(a) loan requirementse even though ARC is not a 7(a) loan. “Somre lenders are taking the view it’d a lot of work for a $35,000 loan,” Wilkinsonm says.
Friday, June 1, 2012
Missouri approves KCP&L rate increase - Portland Business Journal:
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million that KCP&L had sought. PSC spokesmam Gregg Ochoa said that the PSC staffg estimated the increase will raise a typicalresidential customer’s bill aboutf $12.82 a month. A typical customed is considered to be one that uses 700 kilowat t hours of electricity a month in winteeand 1,200 kWh a month in the summer, Ochoaw said. “Our customers depend on us to provide affordables andreliable power,” KCP&L CEO Mike Chesser said in a writtenb statement responding to the PSC approval. “This rate increasde will help us pay for environmentall investments we have already made to several ofour coal-firedf power plants.
The installation of such pollution-controlo equipment will improve air quality for our regionn and allow us to meet future federakenvironmental mandates. We recognize that this is a challenging time to ask customerzs to pay morefor electricity, and we didn’t make this decisionb lightly.” Kansas City-based GXP), KCP&L’s parent, that KCP&L had reached an agreement in principlde with the PSC to settle its pending Missouri rate Great Plains Energy ranks No. 5 on the Kansas City Busines Journal ’s list of area public companies.
million that KCP&L had sought. PSC spokesmam Gregg Ochoa said that the PSC staffg estimated the increase will raise a typicalresidential customer’s bill aboutf $12.82 a month. A typical customed is considered to be one that uses 700 kilowat t hours of electricity a month in winteeand 1,200 kWh a month in the summer, Ochoaw said. “Our customers depend on us to provide affordables andreliable power,” KCP&L CEO Mike Chesser said in a writtenb statement responding to the PSC approval. “This rate increasde will help us pay for environmentall investments we have already made to several ofour coal-firedf power plants.
The installation of such pollution-controlo equipment will improve air quality for our regionn and allow us to meet future federakenvironmental mandates. We recognize that this is a challenging time to ask customerzs to pay morefor electricity, and we didn’t make this decisionb lightly.” Kansas City-based GXP), KCP&L’s parent, that KCP&L had reached an agreement in principlde with the PSC to settle its pending Missouri rate Great Plains Energy ranks No. 5 on the Kansas City Busines Journal ’s list of area public companies.
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