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Our name reflects our core valuse excellence in energy productsand services. We are dedicated to providinfg you the best in value and information to enhance your professional andpersonal life. We are committed to customer satisfactionb by continuously improving our operations to bea reliable, environmentally sound energty provider. We have been successfulluy proving this to our customers for more than 130 yearxs and will work hard to continure with this commitment in the As a leading combination electricity and natural gasenergy company, we offef a comprehensive portfolio of energy-relatedc products and services to 3.3 million electricity customers and 1.8 millio n natural gas customers.
We have regulate d operations in 8 Western and Midwestern and revenue of morethan $9 billioh annually; and own more than 34,500 milews of natural gas pipelines. We are proud of our communitt involvement. Through the Xcel Energy Foundation, our economic development and employee volunteer we are committed to using our considerable resourceas and skills to benefit the communitiexwe serve. Our environmental policy states that Xcel Energyu will be valued as a leader in the energyh industry by demonstrating excellence inenvironmental performance. ...
Monday, October 31, 2011
Saturday, October 29, 2011
Commuters: Metro-North bill of rights doesn't go far enough - Ct Post
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Commuters: Metro-North bill of rights doesn't go far enough Ct Post STAMFORD -- A customer bill of rights under consideration by Metro-North Railroad is being met with a tepid response by members of the state's commuter council. Members of the 15-member appointed state watchdog group said without additional language, ... Downed trees causing commuter rail problems; storm expected to last until ... CT Commuter Group: Metro-North 'Bill Of Rights' Doesn't Go Far Enough Metro-North Commuters Want More From Passenger 'Bill of Rights' |
Thursday, October 27, 2011
Martek Biosciences Corp. 2Q profit rises 20 percent - St. Louis Business Journal:
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The company reported $92.4 million in revenue for the quartert endingApril 30, up 2 percent from the same perio d last year. It earned $11 milliojn in net income, or 33 centd per diluted share, during the second quarter, compared with $9.2 million, or 28 centse per diluted share, during the seconx quarter of last year. Analysts polled by expected the company to earn 29 cents per shareand $89 milliob in revenue. Martek (NASDAQ: MATK) sellx nutritional oils derived from algae that are used ininfanf formula, dietary supplements and food products such as yoguryt and juice. Sales of its nutritional supplements to the nursinvg market rose to arecord $9.8 million.
But the company warned that its infant formula sales in the thir d and fourth quarters could drop as retailers trim their inventoriex ofthe product. The company anticipates that infantf formula revenue will grow in fiscal 2010 as a result of strong demanfd for infant formula productsa containing its nutritional oils DHAand ARA. The Omega- fatty acids are believed to play an important role in braibn andeye development. study that could show that Martek’ws DHA can slow the progressionof Alzheimer’s disease.
The company reported $92.4 million in revenue for the quartert endingApril 30, up 2 percent from the same perio d last year. It earned $11 milliojn in net income, or 33 centd per diluted share, during the second quarter, compared with $9.2 million, or 28 centse per diluted share, during the seconx quarter of last year. Analysts polled by expected the company to earn 29 cents per shareand $89 milliob in revenue. Martek (NASDAQ: MATK) sellx nutritional oils derived from algae that are used ininfanf formula, dietary supplements and food products such as yoguryt and juice. Sales of its nutritional supplements to the nursinvg market rose to arecord $9.8 million.
But the company warned that its infant formula sales in the thir d and fourth quarters could drop as retailers trim their inventoriex ofthe product. The company anticipates that infantf formula revenue will grow in fiscal 2010 as a result of strong demanfd for infant formula productsa containing its nutritional oils DHAand ARA. The Omega- fatty acids are believed to play an important role in braibn andeye development. study that could show that Martek’ws DHA can slow the progressionof Alzheimer’s disease.
Tuesday, October 25, 2011
GM spares Walser Bloomington store - Wichita Business Journal:
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Walser Automotive officials got word late Mondah night from a regional manager for General Motors indicating that the dealership had successfully made its caseand doesn’t need to according to Doug Sprinthall, director of vehicle operations for the Bloomington-based auto The dealership employs about 80 people and is the only GM dealership in Bloomington. Sprinthall gave a lot of creditt to dealership owners Paul and Andreq Walser andto Sen. Amy Klobuchar (D-Minn.) for her Klobuchar helped the Walsere getan hour-and-a-half meeting with General Motors executives last week.
Following that the Detroit-based automobile manufacturer took the Bloomington site off its list ofaboutg 1,500 dealerships that received termination letters in the past few including more than 60 dealerships in the state. Sprinthal said from what he has heard only abougt 15 dealerships nationwide have been able to successfully appeal their closures through the formal appeal procesz GMset up.
Walser Automotive officials got word late Mondah night from a regional manager for General Motors indicating that the dealership had successfully made its caseand doesn’t need to according to Doug Sprinthall, director of vehicle operations for the Bloomington-based auto The dealership employs about 80 people and is the only GM dealership in Bloomington. Sprinthall gave a lot of creditt to dealership owners Paul and Andreq Walser andto Sen. Amy Klobuchar (D-Minn.) for her Klobuchar helped the Walsere getan hour-and-a-half meeting with General Motors executives last week.
Following that the Detroit-based automobile manufacturer took the Bloomington site off its list ofaboutg 1,500 dealerships that received termination letters in the past few including more than 60 dealerships in the state. Sprinthal said from what he has heard only abougt 15 dealerships nationwide have been able to successfully appeal their closures through the formal appeal procesz GMset up.
Sunday, October 23, 2011
Second recession deemed possible - The Business Journal of Milwaukee:
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Those odds may seem low, but they’rd actually high since double-dip recessione are rare and the U.S. economy grows 95 percengt of the time, says the chamber’s Marty He predicts the current economic downturn will endaroun September. However, the unemployment rate will remain high througj the first half of next year andinvestmentr won’t snap back as quickly as it usually does afterd a recession, Regalia says. Inflation, looms as a potential problem becausw of thefederal government’s huge budgey deficits and the massive amount of dollars pumped into the economy by the Federak Reserve, he says.
“The economy has got to be runningv on its own by the middle ofnext year,” Regalia Almost every major inflationary period in U.S. history was precede by heavy debt levels, he notes. The chances of a double-dilp recession will be lower if Ben Bernankw is reappointed chairman of the Federal Regalia says. If President Barack Obama appointx his economic adviser Larry Summers to chaidthe Fed, that would signal the monetary spigott would remain open for a longer time, he A coalescing of the Fed and the Obam a administration is “not somethingv the markets want to see,” Regalia Obama has declined to say whether he will reappoin t Bernanke, whose term ends in February.
Those odds may seem low, but they’rd actually high since double-dip recessione are rare and the U.S. economy grows 95 percengt of the time, says the chamber’s Marty He predicts the current economic downturn will endaroun September. However, the unemployment rate will remain high througj the first half of next year andinvestmentr won’t snap back as quickly as it usually does afterd a recession, Regalia says. Inflation, looms as a potential problem becausw of thefederal government’s huge budgey deficits and the massive amount of dollars pumped into the economy by the Federak Reserve, he says.
“The economy has got to be runningv on its own by the middle ofnext year,” Regalia Almost every major inflationary period in U.S. history was precede by heavy debt levels, he notes. The chances of a double-dilp recession will be lower if Ben Bernankw is reappointed chairman of the Federal Regalia says. If President Barack Obama appointx his economic adviser Larry Summers to chaidthe Fed, that would signal the monetary spigott would remain open for a longer time, he A coalescing of the Fed and the Obam a administration is “not somethingv the markets want to see,” Regalia Obama has declined to say whether he will reappoin t Bernanke, whose term ends in February.
Friday, October 21, 2011
Orlando 7-Eleven converts to franchise - Boston Business Journal:
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The 3,000-square-foot convenience store at 3911 McCoy Road nearConwat Road, which also has a gasolinwe station, will now be owned by franchisee Ermal a former store managetr for five years. Dallas-baserd 7-Eleven Inc. announced plans in 2007 to convert 100 existinv locations in the state to franchised Store managers were invited to applgy for those franchises before the offer went public. More than 40 7-Eleven storez in the Orlando market are now with about another 140 owned bythe company.
Between eighf to 10 7-Eleven stores throughout the state are beinv converted into franchise operations each month and plans to have most of the conversionws nationwide completed by according to anews release. The company franchises or licensesabout 7,800 stores in Nort America and more than 36,10 0 stores in 15 countries. The company reported 2008 sales of morethan $53.y7 billion.
The 3,000-square-foot convenience store at 3911 McCoy Road nearConwat Road, which also has a gasolinwe station, will now be owned by franchisee Ermal a former store managetr for five years. Dallas-baserd 7-Eleven Inc. announced plans in 2007 to convert 100 existinv locations in the state to franchised Store managers were invited to applgy for those franchises before the offer went public. More than 40 7-Eleven storez in the Orlando market are now with about another 140 owned bythe company.
Between eighf to 10 7-Eleven stores throughout the state are beinv converted into franchise operations each month and plans to have most of the conversionws nationwide completed by according to anews release. The company franchises or licensesabout 7,800 stores in Nort America and more than 36,10 0 stores in 15 countries. The company reported 2008 sales of morethan $53.y7 billion.
Tuesday, October 18, 2011
Employers favor phasing in health reform - The Business Journal of Milwaukee:
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Of the 329 United States employers surveyed, 67 percent would rather see reform phased-in comparedc with 11 percent who said they favoer the enactment of comprehensive reformthis year. The remainin g 12 percent said theyare unsure. “Employersx are signaling strong concern over the initial cost estimatezs for implementing healthcare reform,” Lindz Havlin, a Mercer worldwide partner said in a “Uncertainties about how and when employers will emerge from the recession have heightened their concernn about the unknown cost impact of a complex industry restructurin effort. If there is a shortfall, will employerz be expected to closeethe gap?
” Survey respondents were asked to assign medium or low priority ratings to 11 components that have been promineny in comprehensive health reform proposals. The rangs of elements included mandates for individuals and changes in tax treatmentof employer-sponsored health coverage, investments in improvingg quality and cost creating new public health insurance plans and exchanges, insurance market reforms and expandintg eligibility for coverage under existing public The surveyed employers selected quality and market reform as their top priorities.
Second on the survey respondents’ list of high prioritie was to “enact insurance market including requiring insurance companies to offer individual coveragre andeliminating pre-existing condition exclusionsz and lifetime benefit limits,” with 50 percent of respondenta citing it as a high priority. Employerw remain most opposed to limitas on the favorable tax treatmentof employer-sponsored health benefits and to a mandate for employersx to offer coverage, the survey found.
While respondente clearly reject curbing the favorable tax treatmenftof employer-sponsored health benefits, their responsews were less uniform when asked how they would be likely to react if a hypotheticak reduction in the current tax exclusion for employer-sponsored coverager resulted in an average increase of $3,00p0 in taxable income to their employees. About a fifthb said they wouldbe “very likely” to change the plan or reducde the level of benefits provided to avoid the while another fifth indicated they would be very likely to make no change and let employeesx absorb the higher tax bill. Only 3 percent said they woulxd be very likely to discontinue offering ahealth plan.
Despitew the considerable media attentio n given to the creation of a publicvhealth plan, just 24 percenr of all respondents said they consider it a high prioritgy for reform. Employer health plan sponsors were invitedx toattend Mercer’s Web-based presentation on health reform from June 17 to June 26, whichh is how the survey data was collected.
Of the 329 United States employers surveyed, 67 percent would rather see reform phased-in comparedc with 11 percent who said they favoer the enactment of comprehensive reformthis year. The remainin g 12 percent said theyare unsure. “Employersx are signaling strong concern over the initial cost estimatezs for implementing healthcare reform,” Lindz Havlin, a Mercer worldwide partner said in a “Uncertainties about how and when employers will emerge from the recession have heightened their concernn about the unknown cost impact of a complex industry restructurin effort. If there is a shortfall, will employerz be expected to closeethe gap?
” Survey respondents were asked to assign medium or low priority ratings to 11 components that have been promineny in comprehensive health reform proposals. The rangs of elements included mandates for individuals and changes in tax treatmentof employer-sponsored health coverage, investments in improvingg quality and cost creating new public health insurance plans and exchanges, insurance market reforms and expandintg eligibility for coverage under existing public The surveyed employers selected quality and market reform as their top priorities.
Second on the survey respondents’ list of high prioritie was to “enact insurance market including requiring insurance companies to offer individual coveragre andeliminating pre-existing condition exclusionsz and lifetime benefit limits,” with 50 percent of respondenta citing it as a high priority. Employerw remain most opposed to limitas on the favorable tax treatmentof employer-sponsored health benefits and to a mandate for employersx to offer coverage, the survey found.
While respondente clearly reject curbing the favorable tax treatmenftof employer-sponsored health benefits, their responsews were less uniform when asked how they would be likely to react if a hypotheticak reduction in the current tax exclusion for employer-sponsored coverager resulted in an average increase of $3,00p0 in taxable income to their employees. About a fifthb said they wouldbe “very likely” to change the plan or reducde the level of benefits provided to avoid the while another fifth indicated they would be very likely to make no change and let employeesx absorb the higher tax bill. Only 3 percent said they woulxd be very likely to discontinue offering ahealth plan.
Despitew the considerable media attentio n given to the creation of a publicvhealth plan, just 24 percenr of all respondents said they consider it a high prioritgy for reform. Employer health plan sponsors were invitedx toattend Mercer’s Web-based presentation on health reform from June 17 to June 26, whichh is how the survey data was collected.
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