Wheeling News Register | Cops on Patrol For New Year's Wheeling News Register By TYLER REYNARD - Staff Writer , The Intelligencer / Wheeling News-Register WHEELING - Law enforcement agencies in West Virginia and Ohio are ready to start their New Year's Eve patrol today, but local department heads said the holiday has been ... Highway Patr ols Increase Over Holiday Weekend Drunken driving commonplace in Ohio |
Saturday, December 31, 2011
Cops on Patrol For New Year's - Wheeling News Register
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Wednesday, December 28, 2011
Monday, December 26, 2011
Boston Properties selling stock - Houston Business Journal:
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The real estate investment trust announced Thursda y that it isoffering 10.5 million sharew of common stock for sale and expects to grant underwriterw an over-allotment option to purchase up to 1.56 millioh additional shares. Boston Properties said it plansx to use the net proceeds for generalbusinesss purposes, which may include investment opportunities and debt Boston Properties (NYSE: BXP) had 121.3 millionj shares outstanding as of May 5,, according to Bloomberg The stock closed Thursday at $53.01 a share down 2 perceng for 2009 and 44 percent in the last twelve Based on Thursday’s closing the sale could raise more than $630 million before fees.
Boston Propertiesd is the eighth largest commercial real estate developer in theWashington area, as ranked by the Washington Businessd Journal’s 2009 Book of Lists, with 1.64 millio n square feet of space unde r development last year and a total development portfolii of nearly 10 million square feet.
The real estate investment trust announced Thursda y that it isoffering 10.5 million sharew of common stock for sale and expects to grant underwriterw an over-allotment option to purchase up to 1.56 millioh additional shares. Boston Properties said it plansx to use the net proceeds for generalbusinesss purposes, which may include investment opportunities and debt Boston Properties (NYSE: BXP) had 121.3 millionj shares outstanding as of May 5,, according to Bloomberg The stock closed Thursday at $53.01 a share down 2 perceng for 2009 and 44 percent in the last twelve Based on Thursday’s closing the sale could raise more than $630 million before fees.
Boston Propertiesd is the eighth largest commercial real estate developer in theWashington area, as ranked by the Washington Businessd Journal’s 2009 Book of Lists, with 1.64 millio n square feet of space unde r development last year and a total development portfolii of nearly 10 million square feet.
Saturday, December 24, 2011
Mission Bay residential boom makes itself at home - San Francisco Business Times:
zutkomi.blogspot.com
About 2,175 units are ready for move-in, with 543 of 25 percent, classified as "affordable housing." At the highefr end is Radiance atMission Bay, from , the largestf housing developer in Mission Bay. Locatexd south of Mission Creek, Radiance is the firsty of seven condo projects Bosa plans at Mission Bay andthe neighborhood'sw first upscale residential development. Some 317 units are undet construction. The first 99 units will be ready next Bosa touts Radianceas family-friendly, with units having one-third more squarw footage -- up to 1,990 squaree feet -- than comparable buildings, and balconies roomy enougj to entertain on.
Pricing starts from the high $600,000s for one-bedrooms to $1.9 millionm for townhomes. Others are targeting more budget-minded North of Mission Creek is developedby Seattle-based and ready for move-in next The 269-unit building at 333 Berryy St. is the San Francisco' s first officially green-certified high-rise because of its use of eco-friendlyh bamboo and cork floors, tile made from old glasa bottlesand energy-efficient windows and lighting.
According to Intracorop PresidentDean Givas, Arterra is targetefd to the cost-conscious looking for a place in the "We don't have any official affordables housing but we made the units smaller to help keep the price points down," he "For example, we offer a two-bedroom, one-bathu instead of a two/two so peopl e can still get a two-bedroom but pay Compared with Mission Bay's overall average of 1,200 square feet per unit, Arterra'sz average is 840 square feet. One-bedrooms, starting in the low range from 594 to 857square Two-bedrooms start in the high $700,000s and average 940 square feet.
To accommodate guests, Arterra built guesf suites forthe buildings' homeowneras associations that tenants can reservee for guests. Givas sees the most demanc coming from people in the South Bay andEast Bay, mostlty first-time homebuyers. "A lot of the couples have at least one persobn workingdown south, so the 280 and Caltrain access was important to he said. Arterra is 40 percent pre-sold and expectw to sell 75 percent by theofficial opening. Cost-consciousa tenants are also interesting developers buildinbrental units. San Mateo's , whicgh opened the Edgewater at 355 Berry Stin August, is targetingt the same market as Arterra with its 193 one- and two-bedrooms rentals.
"Interest ranges from the entry-leve l worker right out of college workinhgat UCSF's campus to retired couples paring down their said vice-president Daniel Deibel. "But the young professionals are definitelu going for the smaller The studiosand one-bedrooms, comprising 70 percentr of Edgewater's mix, range from 550 to 1,000 square feet. "We opened on Aug. 15 and now a monthj later, we have 121 leases out of 193 said Deibel. "We had 88 move-inss in a 35-day period, so we are meetin a pent-up demand for housing here.
" Edgewaterd rents between $1,975 to over $3,000 a Urban Housing Group is now working on 555Missioh Rock, a higher-end, mixed-used building next door to the UCSF campus in Missioh Bay. What is affordable? Jennifer Pratt, directoe of operations for biotechfirm , which is headquartere d on Owens Street in Missiomn Bay, said developers' efforts have done littlw to help her employees find "We're the first private biotech company in Missiob Bay, working closely with UCSF, but it'e hard to recruit research assistants and research associates," she "Their salaries don't go aboves $75,000, so they're having a hard time findinvg housing around here.
" Pratt said that when Five Prime movedd from South San Franciscoo to Mission Bay in late 2005, it lost four employees due to the "It's only an eight-mile difference, but driving here, much less livingh here, is difficult. Recruiting is definitely a given the other biotech companies in SouthSan Francisco."
About 2,175 units are ready for move-in, with 543 of 25 percent, classified as "affordable housing." At the highefr end is Radiance atMission Bay, from , the largestf housing developer in Mission Bay. Locatexd south of Mission Creek, Radiance is the firsty of seven condo projects Bosa plans at Mission Bay andthe neighborhood'sw first upscale residential development. Some 317 units are undet construction. The first 99 units will be ready next Bosa touts Radianceas family-friendly, with units having one-third more squarw footage -- up to 1,990 squaree feet -- than comparable buildings, and balconies roomy enougj to entertain on.
Pricing starts from the high $600,000s for one-bedrooms to $1.9 millionm for townhomes. Others are targeting more budget-minded North of Mission Creek is developedby Seattle-based and ready for move-in next The 269-unit building at 333 Berryy St. is the San Francisco' s first officially green-certified high-rise because of its use of eco-friendlyh bamboo and cork floors, tile made from old glasa bottlesand energy-efficient windows and lighting.
According to Intracorop PresidentDean Givas, Arterra is targetefd to the cost-conscious looking for a place in the "We don't have any official affordables housing but we made the units smaller to help keep the price points down," he "For example, we offer a two-bedroom, one-bathu instead of a two/two so peopl e can still get a two-bedroom but pay Compared with Mission Bay's overall average of 1,200 square feet per unit, Arterra'sz average is 840 square feet. One-bedrooms, starting in the low range from 594 to 857square Two-bedrooms start in the high $700,000s and average 940 square feet.
To accommodate guests, Arterra built guesf suites forthe buildings' homeowneras associations that tenants can reservee for guests. Givas sees the most demanc coming from people in the South Bay andEast Bay, mostlty first-time homebuyers. "A lot of the couples have at least one persobn workingdown south, so the 280 and Caltrain access was important to he said. Arterra is 40 percent pre-sold and expectw to sell 75 percent by theofficial opening. Cost-consciousa tenants are also interesting developers buildinbrental units. San Mateo's , whicgh opened the Edgewater at 355 Berry Stin August, is targetingt the same market as Arterra with its 193 one- and two-bedrooms rentals.
"Interest ranges from the entry-leve l worker right out of college workinhgat UCSF's campus to retired couples paring down their said vice-president Daniel Deibel. "But the young professionals are definitelu going for the smaller The studiosand one-bedrooms, comprising 70 percentr of Edgewater's mix, range from 550 to 1,000 square feet. "We opened on Aug. 15 and now a monthj later, we have 121 leases out of 193 said Deibel. "We had 88 move-inss in a 35-day period, so we are meetin a pent-up demand for housing here.
" Edgewaterd rents between $1,975 to over $3,000 a Urban Housing Group is now working on 555Missioh Rock, a higher-end, mixed-used building next door to the UCSF campus in Missioh Bay. What is affordable? Jennifer Pratt, directoe of operations for biotechfirm , which is headquartere d on Owens Street in Missiomn Bay, said developers' efforts have done littlw to help her employees find "We're the first private biotech company in Missiob Bay, working closely with UCSF, but it'e hard to recruit research assistants and research associates," she "Their salaries don't go aboves $75,000, so they're having a hard time findinvg housing around here.
" Pratt said that when Five Prime movedd from South San Franciscoo to Mission Bay in late 2005, it lost four employees due to the "It's only an eight-mile difference, but driving here, much less livingh here, is difficult. Recruiting is definitely a given the other biotech companies in SouthSan Francisco."
Thursday, December 22, 2011
White Pages will no longer be delivered automatically - Tampa Bay Business Journal:
shemwellmygalej1291.blogspot.com
The PSC’s decision is a compromise to AT&T’s requesrt that it no longer deliverr the phone booksto customers. AT&T Florida told the PSC that eliminatin g the automatic distribution of the residential whit pagesis “an environmentally green endeavor and a cost savingg measure” and that providinb a paper copy of the directory is “a inefficient use of resources in these toucyh economic times.” But commissioners also were worried about how it mightt impact customers’ ability to access said PSC Spokeswoman Kirstej Olsen.
Instead of doing away with therule altogether, commissionersd agreed to give it a trial run, during which time it will gathef customer feedback. “Today’s decision allows the PSC to asseses the practicality of discontinuing printed residential directory delivery, while continuinb to provide directories to customersx who want a copy,” PSC Chairmamn Matthew M. Carter II said in a news As part ofthe agreement, AT&T must put a toll-freee number on the cover of the Yellow Page that directs people to call if they want a Whiter Pages. The directory will stilp be provided for free to thosd whorequest it.
AT&T Florida woulrd not disclose just how much money the waiveewill save, citing confidentiality, accordinyg to its request to the PSC. AT&T Floridaz already has begun a program to provide its Yello Pages and residential listingson CD-ROk in certain areas of Florida.
The PSC’s decision is a compromise to AT&T’s requesrt that it no longer deliverr the phone booksto customers. AT&T Florida told the PSC that eliminatin g the automatic distribution of the residential whit pagesis “an environmentally green endeavor and a cost savingg measure” and that providinb a paper copy of the directory is “a inefficient use of resources in these toucyh economic times.” But commissioners also were worried about how it mightt impact customers’ ability to access said PSC Spokeswoman Kirstej Olsen.
Instead of doing away with therule altogether, commissionersd agreed to give it a trial run, during which time it will gathef customer feedback. “Today’s decision allows the PSC to asseses the practicality of discontinuing printed residential directory delivery, while continuinb to provide directories to customersx who want a copy,” PSC Chairmamn Matthew M. Carter II said in a news As part ofthe agreement, AT&T must put a toll-freee number on the cover of the Yellow Page that directs people to call if they want a Whiter Pages. The directory will stilp be provided for free to thosd whorequest it.
AT&T Florida woulrd not disclose just how much money the waiveewill save, citing confidentiality, accordinyg to its request to the PSC. AT&T Floridaz already has begun a program to provide its Yello Pages and residential listingson CD-ROk in certain areas of Florida.
Tuesday, December 20, 2011
Road brings out the worst in the Ducks - Sacramento Bee
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Globe and Mail | Road brings out the worst in the Ducks Sacramento Bee By ERIC STEPHENS D » |
Sunday, December 18, 2011
Study: Higher job levels get better severance - Pacific Business News (Honolulu):
adamovaichive.blogspot.com
Mercer said severance packages are oftenb based onjob Seventy-four percent of employers provide continuation of benefits to but only 61 percent do so for hourly workers. Outplacement servicew are offered to 69 percengof executives, but only 49 percent of clerical or technical staffers. More than half the Mercer survey respondents saythey don’tt have a minimum length of service requirement for payin g severance, and 70 percent of the firms said they have no plansx to change severance despite the economic downturn.
“Severance pay helps preserve the futur e goodwillof employees, which can be a difficult investment to measurde over the short term,” said Steve global leader for Mercer’s performanc and rewards consulting business.
Mercer said severance packages are oftenb based onjob Seventy-four percent of employers provide continuation of benefits to but only 61 percent do so for hourly workers. Outplacement servicew are offered to 69 percengof executives, but only 49 percent of clerical or technical staffers. More than half the Mercer survey respondents saythey don’tt have a minimum length of service requirement for payin g severance, and 70 percent of the firms said they have no plansx to change severance despite the economic downturn.
“Severance pay helps preserve the futur e goodwillof employees, which can be a difficult investment to measurde over the short term,” said Steve global leader for Mercer’s performanc and rewards consulting business.
Thursday, December 15, 2011
Towers of Channelside buyers lured by wrong listing prices, Realtors say - South Florida Business Journal:
ramsburgsyuheo1544.blogspot.com
“If it’s not illegal, then it’s definitely said Lee Pitney, a real estate broker with NL Pitneyg Realty. “To advertise a price for something, get all the contracts have sales people put in a lotof work, and then say, we were wrong,’ is not supposefd to be legal.” Pitney had lined up a cash buyefr for Unit 505 in Towert 2 at the Channel District project. Dr. Brian Rau was movintg from Fargo, N.D.
, to do his residency at and was readyg to buy the unit sight unseen for bargaim basementprice $165,240, signing a contract
“If it’s not illegal, then it’s definitely said Lee Pitney, a real estate broker with NL Pitneyg Realty. “To advertise a price for something, get all the contracts have sales people put in a lotof work, and then say, we were wrong,’ is not supposefd to be legal.” Pitney had lined up a cash buyefr for Unit 505 in Towert 2 at the Channel District project. Dr. Brian Rau was movintg from Fargo, N.D.
, to do his residency at and was readyg to buy the unit sight unseen for bargaim basementprice $165,240, signing a contract
Tuesday, December 13, 2011
Robby Kelley Wins Giant Slalom in Panorama - SkiRacing.com
ofycagvezi.blogspot.com
Robby Kelley Wins Giant Slalom in Panorama SkiRacing.com Two of the three podium spots in the giant slalom were taken by Americans with Robby Kelley winning (1:51.79) and Brennan Rubie in third (1:52. 96). Rubie was in the lead after the first run but fell back to third after his nineteenth finish in the ... |
Sunday, December 11, 2011
Euro's Preservation Worth Costs, Nobel Laureate Sims Says - BusinessWeek
sucujovide.wordpress.com
Bloomberg | Euro's Preservation Worth Costs, Nobel Laureate Sims Says BusinessWeek 9 (Bloomberg) -- Nobel Economics Laureate Christopher A. Sims said Europe needs to preserve the euro and that the only obstacle to a functioning currency union is better fiscal coordination. “It's worth paying a price to preserve the euro,†Sims, ... Euro Preservation Worth Cost of Rescue, Nobel Laureate Sims Says |
Friday, December 9, 2011
Ion Media files for Chapter 11 bankruptcy protection - Boston Business Journal:
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The network, which is based in West Palm Beach, filed for reorganizatio n withthe ’s Southernm District of New York Tuesdayu claiming assets and liabilities of more than $1 The filing was made on behalf of 117 including Ion Media of Tampa Inc. The filing comesa as Ion agreed to a financial restructurinh that would wipe out morethan $2.7 billiohn in legacy debt and preferred stock whilwe providing Ion with $150 million in new according to a release. That’w part of an overall $300 million commitment that will convertf to equity once the restructuring is complete and be made availabler to allof Ion’s first lien senior secureds debt holders.
“We are pleased with the supporrt from our first lien senior debt holder to resolvethe company’s legacy debt issue s and fund our television growth plans,” said Brandom Burgess, Ion’s chairman and chief executive in a statement. “We are positioning the business for growtbh and will emerge form the restructuringv in a strong position to serve clientsand stakeholders.” Lowell W. Paxson founded Ion Media in 1984, basingf it in the Tampa Bay area and callingit . Originallyu owning WWQT in Clearwater, Paxson lateer worked with Roy Speer to found the , which would be sold to Barry Diller in 1996.
Followiny the sale of HSN, Paxson relocatee to West Palm Beach, divested his radioi interests and concentrated more on hisown network, called , whichg launched in August 1998. Paxson left the company in November 2005aftet , a minority owner in the started to gain a majority interest in the renaming it Ion Media Networkas in 2006.
The network, which is based in West Palm Beach, filed for reorganizatio n withthe ’s Southernm District of New York Tuesdayu claiming assets and liabilities of more than $1 The filing was made on behalf of 117 including Ion Media of Tampa Inc. The filing comesa as Ion agreed to a financial restructurinh that would wipe out morethan $2.7 billiohn in legacy debt and preferred stock whilwe providing Ion with $150 million in new according to a release. That’w part of an overall $300 million commitment that will convertf to equity once the restructuring is complete and be made availabler to allof Ion’s first lien senior secureds debt holders.
“We are pleased with the supporrt from our first lien senior debt holder to resolvethe company’s legacy debt issue s and fund our television growth plans,” said Brandom Burgess, Ion’s chairman and chief executive in a statement. “We are positioning the business for growtbh and will emerge form the restructuringv in a strong position to serve clientsand stakeholders.” Lowell W. Paxson founded Ion Media in 1984, basingf it in the Tampa Bay area and callingit . Originallyu owning WWQT in Clearwater, Paxson lateer worked with Roy Speer to found the , which would be sold to Barry Diller in 1996.
Followiny the sale of HSN, Paxson relocatee to West Palm Beach, divested his radioi interests and concentrated more on hisown network, called , whichg launched in August 1998. Paxson left the company in November 2005aftet , a minority owner in the started to gain a majority interest in the renaming it Ion Media Networkas in 2006.
Wednesday, December 7, 2011
Politicians want answers as rumors swirl NCR to leave Dayton - Triangle Business Journal:
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Government officials said word began swirling in the communit y Thursday thatNCR NCR) is planning to move its headquarteres and 1,300 employees to the Atlanta area and make an announcementt about the move this week. NCR Global Spokesperson Richard Maton, speaking by phoner Saturday from London, confirme that an effort was made forOhio Gov. Ted Strickland and NCR Chietf Executive Officer Bill Nuti to however they were not ableto Strickland’s spokesperson said Saturday that he is “continuing to reacjh out to the company to have a direct conversation.
” When askeds about NCR possibly moving its headquarters out of Maton said the company does not respond to rumors and NCR Corporate Spokesperson Alan Ulman responded to questions about NCR’ s plans with an e-maikl message Saturday that read: “We have no announcemenr today.” In the past, NCR has been quicik to deny rumors of its relocation and affirm its commitment to remaining in Dayton. The has repeatedl y sought information from the companysince Thursday, but NCR had not responde to their requests as of Friday evening, a developmenft department spokesperson said. Montgomery County Commissioner Dan Foley said he is frustrateds by the lackof communication.
Foley said he has askefd multiplecompany officials, via e-mail, to responrd to the rumors, but has yet to receivd any information. Foley said he, along with othee county, state and city of Dayton officials, have met with NCR representatives in the past in an effort tosafeguared NCR’s local jobs. “All that nobody has confirmed to me that theier statushas changed,” Foley said “I have to assume that -- I hope, I very much hope -- they are stayingy in Dayton, because our citizens have helped build that company up to be world-classw and will continue to do so.
” Rumors have long circulate d that the company would however multiple government and economic developmentr officials said they reachex a new level in the past few NCR is said to be seeking about 100,00p square feet of offics space in Georgia, . NCR is believed to have lookedf at sitesin Savannah, and Columbus, Ga. Based on the squar footage estimates, the operation coul d house about 300 to400 people, according to real estate Georgia government and economic development officialse remained tight-lipped on any potential In October, NCR said it would move its Worldwid Customer Services headquarters to an Atlanta suburb, investing $15 millionb and creating more than 900 jobs in the suburbsw of Peachtree City and Deluth.
The state of Georgi provided morethan $8 million in incentives, according to officials. NCR, founder locally in 1884, is the Daytonn region’s second largest company, with 20,000 global employees and $5.3 billioh in revenue in 2008. The which sells ATMs and retailautomatiojn systems, is Dayton’s lone remaining Fortunew 500 company. At one time, the company had more than 18,000 employeew in the Dayton area, but that numberr has dwindled during the past several As recently as twoyeard ago, NCR had about 2,000 Dayton employees. That number has declined by about 700 workers in the pastseveraol years.
In 2007, NCR announced it was relocatinyg its executive offices to New York City and leasing an entire floor of the 7 World TradewCenter building. But, on paper, its headquarters remainedf in Dayton. In March, the company also told employeex it is undergoing a structural reorganization and woulxd cut an unknown amount of itsglobao workforce. That same month, the companyt removed the language “world from the sign at its Dayton campus, though it said at the time it wasjust
Government officials said word began swirling in the communit y Thursday thatNCR NCR) is planning to move its headquarteres and 1,300 employees to the Atlanta area and make an announcementt about the move this week. NCR Global Spokesperson Richard Maton, speaking by phoner Saturday from London, confirme that an effort was made forOhio Gov. Ted Strickland and NCR Chietf Executive Officer Bill Nuti to however they were not ableto Strickland’s spokesperson said Saturday that he is “continuing to reacjh out to the company to have a direct conversation.
” When askeds about NCR possibly moving its headquarters out of Maton said the company does not respond to rumors and NCR Corporate Spokesperson Alan Ulman responded to questions about NCR’ s plans with an e-maikl message Saturday that read: “We have no announcemenr today.” In the past, NCR has been quicik to deny rumors of its relocation and affirm its commitment to remaining in Dayton. The has repeatedl y sought information from the companysince Thursday, but NCR had not responde to their requests as of Friday evening, a developmenft department spokesperson said. Montgomery County Commissioner Dan Foley said he is frustrateds by the lackof communication.
Foley said he has askefd multiplecompany officials, via e-mail, to responrd to the rumors, but has yet to receivd any information. Foley said he, along with othee county, state and city of Dayton officials, have met with NCR representatives in the past in an effort tosafeguared NCR’s local jobs. “All that nobody has confirmed to me that theier statushas changed,” Foley said “I have to assume that -- I hope, I very much hope -- they are stayingy in Dayton, because our citizens have helped build that company up to be world-classw and will continue to do so.
” Rumors have long circulate d that the company would however multiple government and economic developmentr officials said they reachex a new level in the past few NCR is said to be seeking about 100,00p square feet of offics space in Georgia, . NCR is believed to have lookedf at sitesin Savannah, and Columbus, Ga. Based on the squar footage estimates, the operation coul d house about 300 to400 people, according to real estate Georgia government and economic development officialse remained tight-lipped on any potential In October, NCR said it would move its Worldwid Customer Services headquarters to an Atlanta suburb, investing $15 millionb and creating more than 900 jobs in the suburbsw of Peachtree City and Deluth.
The state of Georgi provided morethan $8 million in incentives, according to officials. NCR, founder locally in 1884, is the Daytonn region’s second largest company, with 20,000 global employees and $5.3 billioh in revenue in 2008. The which sells ATMs and retailautomatiojn systems, is Dayton’s lone remaining Fortunew 500 company. At one time, the company had more than 18,000 employeew in the Dayton area, but that numberr has dwindled during the past several As recently as twoyeard ago, NCR had about 2,000 Dayton employees. That number has declined by about 700 workers in the pastseveraol years.
In 2007, NCR announced it was relocatinyg its executive offices to New York City and leasing an entire floor of the 7 World TradewCenter building. But, on paper, its headquarters remainedf in Dayton. In March, the company also told employeex it is undergoing a structural reorganization and woulxd cut an unknown amount of itsglobao workforce. That same month, the companyt removed the language “world from the sign at its Dayton campus, though it said at the time it wasjust
Monday, December 5, 2011
SportsCenter anchor stresses importance of education at event - Daily Athenaeum
grigoriynirim.blogspot.com
SportsCenter anchor stresses importance of education at event Daily Athenaeum Harris, who has been with ESPN since 2003, spoke on the importance of maintaining an education in achieving career success. "If you don't have an education, you're way behind. It's like starting a 100-yard dash from the 120-yard line â€" it's ridiculous ... |
Friday, December 2, 2011
Grand View, Penn Foundation closing their behavioral health unit - Nashville Business Journal:
dawojetos.blogspot.com
Both organizations are shifting theirt behavioral health focus away from inpatient care and more towardzoutpatient services. Penn Foundation of Sellersville, Pa., will continu e to operate its crisis service program through the emergencuy department ofGrand View, also in Sellersville, and its crisie telephone hotline will continue. Penn Foundation psychiatristd will remain on staff atGrand View, where they will be on call to providw consultative psychiatric services to hospital An estimated 14 full-time equivalent support staff employeea of Grand View and three Penn Foundatioj full-time equivalent employees will lose their jobs as result of the They will be encouraged to pursue othert existing opportunities with the two organizations.
“zA key factor that has led to this decision is the very reducef level of utilization that is being experienced on the behavioral health saidStuart Fine, president and CEO of Gransd View. “New medication regimens and restructured outpatient approaches to care have had a remarkablde impact uponbehavioral health. Our inpatient service that had long attended to 12 to 16 patients per day is now attendin to only six to eightsuch patients.
” Penn Foundation has piloted several programs in recengt years that are specifically designed to prevent hospitalizationm and to promote independent living and community The organization is planning an expansion of its facilities to support the community’w growing demand for several levels of outpatient services. “Penn Foundatiohn and Grand View have had a closse working relationship that extends back for over 50 saidJohn Goshow, Penn Foundation CEO. “Our organizationsw have coordinated in the development and operation of a variety of programand services.
This decision has been made jointly, and we will continure to cooperate in working to address as best we can the behavioralk health needs ofarea residents.”
Both organizations are shifting theirt behavioral health focus away from inpatient care and more towardzoutpatient services. Penn Foundation of Sellersville, Pa., will continu e to operate its crisis service program through the emergencuy department ofGrand View, also in Sellersville, and its crisie telephone hotline will continue. Penn Foundation psychiatristd will remain on staff atGrand View, where they will be on call to providw consultative psychiatric services to hospital An estimated 14 full-time equivalent support staff employeea of Grand View and three Penn Foundatioj full-time equivalent employees will lose their jobs as result of the They will be encouraged to pursue othert existing opportunities with the two organizations.
“zA key factor that has led to this decision is the very reducef level of utilization that is being experienced on the behavioral health saidStuart Fine, president and CEO of Gransd View. “New medication regimens and restructured outpatient approaches to care have had a remarkablde impact uponbehavioral health. Our inpatient service that had long attended to 12 to 16 patients per day is now attendin to only six to eightsuch patients.
” Penn Foundation has piloted several programs in recengt years that are specifically designed to prevent hospitalizationm and to promote independent living and community The organization is planning an expansion of its facilities to support the community’w growing demand for several levels of outpatient services. “Penn Foundatiohn and Grand View have had a closse working relationship that extends back for over 50 saidJohn Goshow, Penn Foundation CEO. “Our organizationsw have coordinated in the development and operation of a variety of programand services.
This decision has been made jointly, and we will continure to cooperate in working to address as best we can the behavioralk health needs ofarea residents.”
Wednesday, November 30, 2011
Sometimes a Disclaimer Isn't Enough - Down East
stony-coating.blogspot.com
Sometimes a Disclaimer Isn't Enough Down East In the Lewiston Sun Journal and the Morning Sentinel and possibly others, it was published without the disclaimer. I'm not sure who's to blame for that omission, but it's inexcusable. Big name: The Maine Public Broadcasting Network announced on Nov. ... |
Monday, November 28, 2011
Activating opportunities: ContentActive LLC - bizjournals:
iwegasely.wordpress.com
million in 2009, Gaubertt says the recession has led to the partner progran not generating as much businessas “We got too comfortable in 2008 with peoplwe sending us business,” he says. “Noaw people are trying to find other ways to do the work at alowert cost.” Now, when pitching for business, Content-Actives sometimes brings a design firm along as a partnert instead of the other way around. Previously ContentActive usually went afterbusiness alone. “Inn many cases, a design partner got work andcalled us,” says Holland-Nelson. “Now, we’re gettingh closer to even.
” Another mistakde the company haslearned from, Holland-Nelson says, is being more strategicx in terms of seeking and accepting — customers. Earlh on, ContentActive was “not as focused as we couldd have been,” says Gaubert. “Wde went after anything.” Holland-Nelson “If you could pay us, you’dr be our customer,” she Today, things have changed. Now, Gaubert says, the firm is paying more attentioto “how to get and market our products and services out there in a bunch of differenf ways.
” In the fall of luxury retailer Stanley Korsha k tapped ContentActive to help it expand into In providing Dallas-based Stanley Korshak with its online launch, ContentActivse is helping the now e-tailer manage its product offeringz and content on a daily basis with according to Elaine Raffel, Stanley Korshak’ s executive director of marketing services. Anothef new initiative was to launc h a mobile CMS program calledMobileActive 1.0 in March. MobileActivew 1.0 lets CMS users change and manages their Websites andall mobile-enabled devices at the same time.
The ContentActivs CMS is now automatically formatter for mobile devices and is a feature of every new Existing customers were upgradex at anominal rate. Accordiny to Gaubert, no otherf local companies can automatically format contenft management programs formobile devices. Internally, ContentActive has worked to make its staftfeel appreciated. The small business has provided 401(k)z and a profit-sharing plan since its first year. And, it recentlhy launched an “Employee of the Month” campaign, which includesw honoring the firm’s top employeed on the company’s Web site. “We’ve receivesd the most wonderful response about says Holland-Nelson.
million in 2009, Gaubertt says the recession has led to the partner progran not generating as much businessas “We got too comfortable in 2008 with peoplwe sending us business,” he says. “Noaw people are trying to find other ways to do the work at alowert cost.” Now, when pitching for business, Content-Actives sometimes brings a design firm along as a partnert instead of the other way around. Previously ContentActive usually went afterbusiness alone. “Inn many cases, a design partner got work andcalled us,” says Holland-Nelson. “Now, we’re gettingh closer to even.
” Another mistakde the company haslearned from, Holland-Nelson says, is being more strategicx in terms of seeking and accepting — customers. Earlh on, ContentActive was “not as focused as we couldd have been,” says Gaubert. “Wde went after anything.” Holland-Nelson “If you could pay us, you’dr be our customer,” she Today, things have changed. Now, Gaubert says, the firm is paying more attentioto “how to get and market our products and services out there in a bunch of differenf ways.
” In the fall of luxury retailer Stanley Korsha k tapped ContentActive to help it expand into In providing Dallas-based Stanley Korshak with its online launch, ContentActivse is helping the now e-tailer manage its product offeringz and content on a daily basis with according to Elaine Raffel, Stanley Korshak’ s executive director of marketing services. Anothef new initiative was to launc h a mobile CMS program calledMobileActive 1.0 in March. MobileActivew 1.0 lets CMS users change and manages their Websites andall mobile-enabled devices at the same time.
The ContentActivs CMS is now automatically formatter for mobile devices and is a feature of every new Existing customers were upgradex at anominal rate. Accordiny to Gaubert, no otherf local companies can automatically format contenft management programs formobile devices. Internally, ContentActive has worked to make its staftfeel appreciated. The small business has provided 401(k)z and a profit-sharing plan since its first year. And, it recentlhy launched an “Employee of the Month” campaign, which includesw honoring the firm’s top employeed on the company’s Web site. “We’ve receivesd the most wonderful response about says Holland-Nelson.
Saturday, November 26, 2011
George Michael treated for pneumonia, cancels tour - BusinessWeek
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Hindustan Times | George Michael treated for pneumonia, cancels tour BusinessWeek A statement from publicist Connie Filippello said the 48-year-old former Wham! singer "is responding to treatment and slowly improving." Michael "is ill with pneumonia and any other speculation regarding his illness is unfounded and untrue," the ... George Michael is responding to treatment George Michael responding to pneumonia treatment, » |
Thursday, November 24, 2011
Spectrum Brands to exit Ch. 11 in August - Triangle Business Journal:
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The Atlanta-based consumer products company said it will exit bankruptcuy protection as soon as all closing conditions to the including the closing ofthe company’s exit financing, have been met. That will likel be in August, the company said. “When we we will have reduced our subordinated debtby $840 millionn and eliminated approximately $60 million of annual cash interesy expenses for at least each of the next two said Kent Hussey, CEO of Spectrum Brands, in a prepared statement. “Wwe will emerge with a stronger balance sheetf that will better position us to maintai and strengthen our current platform and to pursue opportunitiez to growour company.
” Spectrum Brands and its U.S. subsidiariexs filed for Chapter 11 inthe U.S. Bankruptcy Courrt for the Western District of San Antonio Divisionon Feb. 3. It had $4.4 billion in Spectrum makes Rayovac batteries, Tetr a pet supplies, Remington shavingy and grooming and personal care household insecticides and lawn and gardehcare products.
The Atlanta-based consumer products company said it will exit bankruptcuy protection as soon as all closing conditions to the including the closing ofthe company’s exit financing, have been met. That will likel be in August, the company said. “When we we will have reduced our subordinated debtby $840 millionn and eliminated approximately $60 million of annual cash interesy expenses for at least each of the next two said Kent Hussey, CEO of Spectrum Brands, in a prepared statement. “Wwe will emerge with a stronger balance sheetf that will better position us to maintai and strengthen our current platform and to pursue opportunitiez to growour company.
” Spectrum Brands and its U.S. subsidiariexs filed for Chapter 11 inthe U.S. Bankruptcy Courrt for the Western District of San Antonio Divisionon Feb. 3. It had $4.4 billion in Spectrum makes Rayovac batteries, Tetr a pet supplies, Remington shavingy and grooming and personal care household insecticides and lawn and gardehcare products.
Tuesday, November 22, 2011
Local stocks gain after two-day plunge - Business Courier of Cincinnati:
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The Bloomberg-Courier Greater Cincinnati Index gained 1 percentto 94.9 That followed a 6.8 percent decline over the prioe two days. But it still leaves the index down 42 percent for the year and 24 percen tsince Sept. 30. The overall market turned in a majofr rebound after falling 10 percent over the previousetwo days. The Dow Jones Industria l Averagejumped 2.9 percent, or 248 points, to 8,94w while the S&P 500 climbed by the same amounty and other broad indexes rose almostg as much. New economic data Fridahy showing the jobless rate has hit its worst leveo in 14 years followed poor retail salesfigures Thursday. The unemploymenty rate for October leaptto 6.
5 percent as total jobs fell by 240,000 during the month. But the market’as worst two-day loss since 1987 already accountef for much of thebad news. “The markert generally does a pretty good job of leading the economic saidCern Basher, chief investment officer at O’Bryonville-basef Madison Wealth Management. “I thinko (the job numbers) were what peoplr were expecting.” Day-to-day marker moves don’t mean much, Basher said. Long he’s putting money into international stocks. Those marketsd should benefit from greater economic growth thanthe U.S. can generatse and downward pressure again onthe U.S.
dollar, he Locally, financial stocks led the way with some ofthe day’sx biggest gains Friday. (Nasdaq: jumped 6 percent to $10.69, while insurers Corp. (Nasdaq: and (NYSE: AFG) each leapt 4 percent. Wilmingtob bank NB&T Financial Group Inc. (Nasdaq: NBTF) soared 6 Cyclical stocks (NYSE: ASH) and AKS) also turned in sizable gains, while uniformk maker (Nasdaq: CTAS) climbed 3 percent. Departmenyt store operator Macy’s Inc. M) rebounded 5 percent, a day aftefr reporting weak Octobersales results. KR) and (NYSE: PG) each rose abouyt 2 percent. But (NYSE: SSP) tumblee 8 percent, a day after it tanked 13 percent.
It said Friday it suffered a third-quarter loss and will cut jobs and suspendsits dividend. (NASDAQ: PMRY) gave back some of its 40 percenr gain over the prior two falling18 percent. It posted strong third-quarte earnings after the marketclosexd Wednesday. (NYSE: CQB) and (Nasdaq: each fell more than 6
The Bloomberg-Courier Greater Cincinnati Index gained 1 percentto 94.9 That followed a 6.8 percent decline over the prioe two days. But it still leaves the index down 42 percent for the year and 24 percen tsince Sept. 30. The overall market turned in a majofr rebound after falling 10 percent over the previousetwo days. The Dow Jones Industria l Averagejumped 2.9 percent, or 248 points, to 8,94w while the S&P 500 climbed by the same amounty and other broad indexes rose almostg as much. New economic data Fridahy showing the jobless rate has hit its worst leveo in 14 years followed poor retail salesfigures Thursday. The unemploymenty rate for October leaptto 6.
5 percent as total jobs fell by 240,000 during the month. But the market’as worst two-day loss since 1987 already accountef for much of thebad news. “The markert generally does a pretty good job of leading the economic saidCern Basher, chief investment officer at O’Bryonville-basef Madison Wealth Management. “I thinko (the job numbers) were what peoplr were expecting.” Day-to-day marker moves don’t mean much, Basher said. Long he’s putting money into international stocks. Those marketsd should benefit from greater economic growth thanthe U.S. can generatse and downward pressure again onthe U.S.
dollar, he Locally, financial stocks led the way with some ofthe day’sx biggest gains Friday. (Nasdaq: jumped 6 percent to $10.69, while insurers Corp. (Nasdaq: and (NYSE: AFG) each leapt 4 percent. Wilmingtob bank NB&T Financial Group Inc. (Nasdaq: NBTF) soared 6 Cyclical stocks (NYSE: ASH) and AKS) also turned in sizable gains, while uniformk maker (Nasdaq: CTAS) climbed 3 percent. Departmenyt store operator Macy’s Inc. M) rebounded 5 percent, a day aftefr reporting weak Octobersales results. KR) and (NYSE: PG) each rose abouyt 2 percent. But (NYSE: SSP) tumblee 8 percent, a day after it tanked 13 percent.
It said Friday it suffered a third-quarter loss and will cut jobs and suspendsits dividend. (NASDAQ: PMRY) gave back some of its 40 percenr gain over the prior two falling18 percent. It posted strong third-quarte earnings after the marketclosexd Wednesday. (NYSE: CQB) and (Nasdaq: each fell more than 6
Saturday, November 19, 2011
Former Glendale cop banned from Ariz. law enforcement - AZFamily
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Former Glendale cop banned from Ariz. law enforcement AZFamily A former Glendale police officer has been banned from ever again being a law-enforcement officer anywhere in Arizona. Earlier this year, Chris Balmaceda, 25, was accused to sending sexu » |
Thursday, November 17, 2011
Feds ready to ramp up stimulus projects - Memphis Business Journal:
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Vice President Joseph Biden in a conference call with reporterx Monday claimed the stimulus helpedcreater 150,000 jobs in the first 100 days after the Americaj Recovery and Reinvestment Act was passee in February. However, from 8.9 percentg in April to 9.4 percent in May, accordin g to the U.S. Department of Labor. Biden said stimulues contracts and funding could resultin 600,000 jobs beingf created this summer. ARRA also will fund 135,000 state and locall education jobsand 125,000 summer youthg jobs.
To that end, Biden said the governmenft is fast trackingstimulus projects, Construction and energy conservation contracts at 107 national Improvements at 90 veterans medical Construction funding for 200 water and wastewater treatmentg plants in rural areas. Construction at 98 airports nationwidrand 1,500 highways and at just undert 400 military bases. The priority projectsa have not yet been broken down by statewor locality. The move comes as some city governments say it is takingy months for ARRA moneyh to hit the local level so contract biddin gcan begin.
Other critica have complained that construction and government contractors alreadgy working in the publid sector are getting most ofthe benefits.
Vice President Joseph Biden in a conference call with reporterx Monday claimed the stimulus helpedcreater 150,000 jobs in the first 100 days after the Americaj Recovery and Reinvestment Act was passee in February. However, from 8.9 percentg in April to 9.4 percent in May, accordin g to the U.S. Department of Labor. Biden said stimulues contracts and funding could resultin 600,000 jobs beingf created this summer. ARRA also will fund 135,000 state and locall education jobsand 125,000 summer youthg jobs.
To that end, Biden said the governmenft is fast trackingstimulus projects, Construction and energy conservation contracts at 107 national Improvements at 90 veterans medical Construction funding for 200 water and wastewater treatmentg plants in rural areas. Construction at 98 airports nationwidrand 1,500 highways and at just undert 400 military bases. The priority projectsa have not yet been broken down by statewor locality. The move comes as some city governments say it is takingy months for ARRA moneyh to hit the local level so contract biddin gcan begin.
Other critica have complained that construction and government contractors alreadgy working in the publid sector are getting most ofthe benefits.
Tuesday, November 15, 2011
Sunday, November 13, 2011
Young hunters more likely to cause accidents, analysis shows - Wisconsin Rapids Tribune
lkinibim.blogspot.com
Young hunters more likely to cause accidents, analysis shows Wisconsin Rapids Tribune Trevor Rueden sits in a wooded area Thursday in Seymour, where he slipped on some wet leaves, causing his shotgun to go off while hunting at age 16 in 2009. The slug went straight through his foot, breaking several bones. / Dan Powers/Gannett Wisconsin ... Hunters 21 and younger responsible for more than a quarter of hunting accidents |
Friday, November 11, 2011
Clifton Gunderson selects Wauwatosa as new headquarters - Minneapolis / St. Paul Business Journal:
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McMasters is a partner in the Wauwatosza office at 10001 Innovation Drive in the Milwaukee CountyResearcbh Park. She took over the management reins of thecompangy Monday. Very few employees from Clifton Gunderson’s former headquarteras in Peoria, Ill., will be transferred to the Wauwatosa saidJen Dirks, a spokeswomam for firm who is locally based. Clifton Gunderson currentl occupies 27,500 square feet of office space at theResearchu Park, and may be in the markey to expand its offices eventually, said Dirks. The company employs 130 professionals in Wauwatosa and 230 at thePeoriaz office, its largest in the nation.
The accountinhg firm’s professional staff totals morethan 2,000 in 45 U.S.-base d offices. Clifton Gunderson has 10 officeswin Wisconsin.
McMasters is a partner in the Wauwatosza office at 10001 Innovation Drive in the Milwaukee CountyResearcbh Park. She took over the management reins of thecompangy Monday. Very few employees from Clifton Gunderson’s former headquarteras in Peoria, Ill., will be transferred to the Wauwatosa saidJen Dirks, a spokeswomam for firm who is locally based. Clifton Gunderson currentl occupies 27,500 square feet of office space at theResearchu Park, and may be in the markey to expand its offices eventually, said Dirks. The company employs 130 professionals in Wauwatosa and 230 at thePeoriaz office, its largest in the nation.
The accountinhg firm’s professional staff totals morethan 2,000 in 45 U.S.-base d offices. Clifton Gunderson has 10 officeswin Wisconsin.
Wednesday, November 9, 2011
Judgements: 49ers QB Smith silencing bust talk - CBSSports.com
grachevakautawil.blogspot.com
Judgements: 49ers QB Smith silencing bust talk CBSSports.com 1. Jim Harbaugh's biggest achievement is finding something in Alex Smith nobody else could. Don't tell me the49ers knew what was coming. They traded up in the second round to draft Colin Kaepernick. But this just in: Smith is 8-1 in his ... |
Sunday, November 6, 2011
FOCUS: Factories take stock as flood recedes in Thailand's Ayutthaya - TMC Net
caloloary.blogspot.com
FOCUS: Factories take stock as flood recedes in Thailand's Ayutthaya TMC Net 7 -- (Kyodo) _ A month after massive flooding submerged Thailand's industrial zone, inundated manufacturers have from this week been able to reach and retrieve core machinery and tools from their factories as water significantly receded from Ayutthaya ... |
Friday, November 4, 2011
Haemonetics director, Covidien CEO Meelia, resigns; CEO pay set - Boston Business Journal:
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Meelia had been a Haemonetics director since 2005 and his term was set to expirsin 2011. The company said Meeli a stepped down to spend more time and energ in his executive role atCovidien (NYSE: COV), a Bermuda-based developerf of medical devices and imaging solutions, among other healtjh care products, according to a filing with the . In a separatre regulatory filing Wednesday, the companh outlined the compensation parameters for newly hire d CEO Brian Concannon and executiv e chairmanBrad Nutter. Concannon will receive $550,000 in salary and stands to earnanothedr $412,500 in bonuses if certain operating and managementr milestones are met.
Concannon also received options tobuy 32,853 shares of Haemonetics common stock and was grantedx 2,053 shares of its restricted stock. Haemonetics HAE), based in Braintree, Mass., also outlined several change-in-control provisionw that could pay Concannon up to three times his annual pay if a companu or person acquires 35 percent of Haemoneticxscommon stock. Nutter, the company’s former CEO, will receive $300,00 0 in annual pay as both Haemonetics board’sa executive chairman. He also remains an employee ofthe company, although his role was not detailedr in Wednesday’s filing.
Meelia had been a Haemonetics director since 2005 and his term was set to expirsin 2011. The company said Meeli a stepped down to spend more time and energ in his executive role atCovidien (NYSE: COV), a Bermuda-based developerf of medical devices and imaging solutions, among other healtjh care products, according to a filing with the . In a separatre regulatory filing Wednesday, the companh outlined the compensation parameters for newly hire d CEO Brian Concannon and executiv e chairmanBrad Nutter. Concannon will receive $550,000 in salary and stands to earnanothedr $412,500 in bonuses if certain operating and managementr milestones are met.
Concannon also received options tobuy 32,853 shares of Haemonetics common stock and was grantedx 2,053 shares of its restricted stock. Haemonetics HAE), based in Braintree, Mass., also outlined several change-in-control provisionw that could pay Concannon up to three times his annual pay if a companu or person acquires 35 percent of Haemoneticxscommon stock. Nutter, the company’s former CEO, will receive $300,00 0 in annual pay as both Haemonetics board’sa executive chairman. He also remains an employee ofthe company, although his role was not detailedr in Wednesday’s filing.
Wednesday, November 2, 2011
Lykes, Pepin Heart, Air Flow Designs, J2 save energy - Tampa Bay Business Journal:
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EcoAsset Solutions, a new subsidiar of the venerableTampa company, recently won a $93,425 state contracft to create a carbo n inventory of lands acquired through two conservation The subsidiary will provide a database of the carbon valud of state-owned land. Lykes also agreesd to grow energy caneon 20,000 acres in Highland s County to provide fuel for a new $250 millio n ethanol facility planned by , an alternative fuel development companh in Cambridge, Mass. A longtime agricultur e force in Florida, Lykes has planted thousands of acres of eucalyptusa and pine treesfor harvesting. Sustainabld eucalyptus mulch now is aLykesw product. 7L Brands LLC, a division of produces it. Lykes Bros.
Inc. is no longe r in the steamship, natural gas or meat businesxs and instead has shifted its focus to emerginfgreen businesses. EcoAsset Solutions, a new subsidiary of the venerable Tampa company, recently won a $93,4265 state contract to create a carbon inventory of lands acquiredf through two conservation programs. The subsidiary will provides a database of the carbon valueof state-owned Lykes also agreed to grow energyg cane on 20,000 acres in Highlands Counthy to provide fuel for a new $250 millionn ethanol facility planned by Vereniuk Corp., an alternative fuel development compant in Cambridge, Mass.
A longtimre agriculture force in Florida, Lykes has planted thousande of acres of eucalyptus and pine treesfor harvesting. Sustainablr eucalyptus mulch now is a Lykes 7LBrands LLC, a division of Lykes, produces it. — Jane Meinhardt took a page from thehospitalitgy industry, when it kicked off its “Car e to Be Green” program on May 4. The hospital now changes bed pillowcases and linenson request, instead of daily, to save waterr and energy. Infections aren’t a concern because the same patient is usinythe linen, said Denise Foto, clinical managet of the cath lab at Pepin.
Foto and Karenh House, a nurse in the cath lab, also lead a “Greemn Team” of 50 volunteers at the hospital who arecollectingy bottles, cans and newspapers for recycling. On April 20, in advancee of Earth Day, Pepin spent abouft $200 — the equivalent of one day’s worth of electricitt usage — to buy blocks of electricity generated from renewabls sources such as solar and wood wastrfrom “Our sponsorship allowas them to make more of this renewable energy,” House said. “This is somethingh the hospital and other businessese can do to be moreearth , the St.
Pete Times Forukm and the also have participated in the but no other health care facility hasdone so, said Rick a spokesman for Tampa Electric. — Margir Manning Tax credits, incentives advertisedf Almost the minute President Obama signed the stimulux billinto law, , an air conditionin and heating company in Tampa, Orlando and was advertising energy efficiency tax credits that could generatee up to $1,500 for customers who buy new heat And Air Flow isn’t the only company doingb it. “Anyone paying taxes can benefi tfrom this, so it makes sense to have businesses broadcastt that to their customers,” said Bill Becker, a CPA and tax partnerr at ’s Tampa office.
Past incentives were more for providinhgtax deductions, palpable to those who take the time to itemiz e expenses to the , Becker said. But moves to increas tax credits from 10 percent to 30 while increasing capsfrom $300 to $1,500, have becomer attractive to homeowners looking to save money with newerr heat pumps. While it might not exactlh prompt consumers to getnew energy-efficient devices, it could encouragde those who do need to replace older systemas to possibly upgrade to more expensive units they may not have consideredd otherwise, Becker said. — Michael Hinmajn Jose Morales hears about otherdcompanies struggling, but his Tampa firm, , isn’t feelinh the pain.
As a government contractor, first-quartere revenue at J2 Engineering jumped 55 percenftto $17 million, up from $11 million. And the which operates more as a generalo contractor than an engineering firmthese days, expects 2009 revenuer of $100 million, up from $60 million last year, Morales said. Morales suspects that much of the work his firm is pursuinv is part of the federal stimulus monet earmarked to improve the energu efficiency ofgovernment buildings. “sA lot of these projects will meet LEED Morales said.
J2 Engineering, a federally approved minority is going after jobs that range from the renovatiobn of hospitals to the construction of child developmentr centers atmilitary bases. Some contracts are for five years and valueds at millionsof dollars. The firm is also pursuing a contracr for a combat support facility atin — Janet Leiser
EcoAsset Solutions, a new subsidiar of the venerableTampa company, recently won a $93,425 state contracft to create a carbo n inventory of lands acquired through two conservation The subsidiary will provide a database of the carbon valud of state-owned land. Lykes also agreesd to grow energy caneon 20,000 acres in Highland s County to provide fuel for a new $250 millio n ethanol facility planned by , an alternative fuel development companh in Cambridge, Mass. A longtime agricultur e force in Florida, Lykes has planted thousands of acres of eucalyptusa and pine treesfor harvesting. Sustainabld eucalyptus mulch now is aLykesw product. 7L Brands LLC, a division of produces it. Lykes Bros.
Inc. is no longe r in the steamship, natural gas or meat businesxs and instead has shifted its focus to emerginfgreen businesses. EcoAsset Solutions, a new subsidiary of the venerable Tampa company, recently won a $93,4265 state contract to create a carbon inventory of lands acquiredf through two conservation programs. The subsidiary will provides a database of the carbon valueof state-owned Lykes also agreed to grow energyg cane on 20,000 acres in Highlands Counthy to provide fuel for a new $250 millionn ethanol facility planned by Vereniuk Corp., an alternative fuel development compant in Cambridge, Mass.
A longtimre agriculture force in Florida, Lykes has planted thousande of acres of eucalyptus and pine treesfor harvesting. Sustainablr eucalyptus mulch now is a Lykes 7LBrands LLC, a division of Lykes, produces it. — Jane Meinhardt took a page from thehospitalitgy industry, when it kicked off its “Car e to Be Green” program on May 4. The hospital now changes bed pillowcases and linenson request, instead of daily, to save waterr and energy. Infections aren’t a concern because the same patient is usinythe linen, said Denise Foto, clinical managet of the cath lab at Pepin.
Foto and Karenh House, a nurse in the cath lab, also lead a “Greemn Team” of 50 volunteers at the hospital who arecollectingy bottles, cans and newspapers for recycling. On April 20, in advancee of Earth Day, Pepin spent abouft $200 — the equivalent of one day’s worth of electricitt usage — to buy blocks of electricity generated from renewabls sources such as solar and wood wastrfrom “Our sponsorship allowas them to make more of this renewable energy,” House said. “This is somethingh the hospital and other businessese can do to be moreearth , the St.
Pete Times Forukm and the also have participated in the but no other health care facility hasdone so, said Rick a spokesman for Tampa Electric. — Margir Manning Tax credits, incentives advertisedf Almost the minute President Obama signed the stimulux billinto law, , an air conditionin and heating company in Tampa, Orlando and was advertising energy efficiency tax credits that could generatee up to $1,500 for customers who buy new heat And Air Flow isn’t the only company doingb it. “Anyone paying taxes can benefi tfrom this, so it makes sense to have businesses broadcastt that to their customers,” said Bill Becker, a CPA and tax partnerr at ’s Tampa office.
Past incentives were more for providinhgtax deductions, palpable to those who take the time to itemiz e expenses to the , Becker said. But moves to increas tax credits from 10 percent to 30 while increasing capsfrom $300 to $1,500, have becomer attractive to homeowners looking to save money with newerr heat pumps. While it might not exactlh prompt consumers to getnew energy-efficient devices, it could encouragde those who do need to replace older systemas to possibly upgrade to more expensive units they may not have consideredd otherwise, Becker said. — Michael Hinmajn Jose Morales hears about otherdcompanies struggling, but his Tampa firm, , isn’t feelinh the pain.
As a government contractor, first-quartere revenue at J2 Engineering jumped 55 percenftto $17 million, up from $11 million. And the which operates more as a generalo contractor than an engineering firmthese days, expects 2009 revenuer of $100 million, up from $60 million last year, Morales said. Morales suspects that much of the work his firm is pursuinv is part of the federal stimulus monet earmarked to improve the energu efficiency ofgovernment buildings. “sA lot of these projects will meet LEED Morales said.
J2 Engineering, a federally approved minority is going after jobs that range from the renovatiobn of hospitals to the construction of child developmentr centers atmilitary bases. Some contracts are for five years and valueds at millionsof dollars. The firm is also pursuing a contracr for a combat support facility atin — Janet Leiser
Monday, October 31, 2011
Paterson makes workers
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Kermitt Brooks is now the actingb superintendent of the stateInsurance Department. He replaces formetr full-time superintendent Eric Dinallo, whose resignatiomn became effectiveJuly 3. Brooks was the No. 2 persom in the department. As acting commissioner, he will earn $165,125 a Dinallo is now a visiting professorat . He had servec as commissioner sinceJanuargy 2007, the start of former Gov. Eliort Spitzer’s time in office. In the same announcement, Paterson also said he had namee Robert Beloten as chairman ofthe Workers’ Compensatiomn board. Beloten replaces Zachary Weiss, who announced his resignation in June. Beloten will becomwe chairman onJuly 15.
He will earn $120,80 a year. Beloten became one of the board’s 12 commissionerw in May. He spent most of his previous careefr downstate as a judge inthe workers’ compensatio system. He also workedf for four yearsat , a Long Islanf law firm specializing in health care law. Neitherr appointment requires confirmation by thestate Senate.
Kermitt Brooks is now the actingb superintendent of the stateInsurance Department. He replaces formetr full-time superintendent Eric Dinallo, whose resignatiomn became effectiveJuly 3. Brooks was the No. 2 persom in the department. As acting commissioner, he will earn $165,125 a Dinallo is now a visiting professorat . He had servec as commissioner sinceJanuargy 2007, the start of former Gov. Eliort Spitzer’s time in office. In the same announcement, Paterson also said he had namee Robert Beloten as chairman ofthe Workers’ Compensatiomn board. Beloten replaces Zachary Weiss, who announced his resignation in June. Beloten will becomwe chairman onJuly 15.
He will earn $120,80 a year. Beloten became one of the board’s 12 commissionerw in May. He spent most of his previous careefr downstate as a judge inthe workers’ compensatio system. He also workedf for four yearsat , a Long Islanf law firm specializing in health care law. Neitherr appointment requires confirmation by thestate Senate.
Saturday, October 29, 2011
Local law firm honored for trademark work - Charlotte Business Journal:
http://www.botiguesdeleixample.com/why-agents-should-consider-purchasing-final-expense-insurance-leads/
The Charlotte-based corporate and commercialk law firm came inat No. 59 for the seconx quarter of 2008. The firms are rankecd on the number of federal trademarmk applications submitted duringthe quarter. In Robert Cameron, an attorneh with the local firm, earned a ranking of No. 8 on the list of the Top 50 trademarki attorneys. “Our clients are interested in protectinbg their brands and this rankingg helps establish us as a nationalk leader in trademark prosecution with the knowledge and experience to meet our growing needs,” says Cameron, who joined the firm in Februaryu 2008 to head up the trademark prosecution practice. Bradshaw & Hinson has more than 130 attorneys.
The firm has officex in Charlotte, Rock Hill and Chapel Trademark Insider is a quarterlyh publication thatincludes trademark-filinf activity and an analysizs of overall industry trends. It is published by CorporationnService Co. of Delaware.
The Charlotte-based corporate and commercialk law firm came inat No. 59 for the seconx quarter of 2008. The firms are rankecd on the number of federal trademarmk applications submitted duringthe quarter. In Robert Cameron, an attorneh with the local firm, earned a ranking of No. 8 on the list of the Top 50 trademarki attorneys. “Our clients are interested in protectinbg their brands and this rankingg helps establish us as a nationalk leader in trademark prosecution with the knowledge and experience to meet our growing needs,” says Cameron, who joined the firm in Februaryu 2008 to head up the trademark prosecution practice. Bradshaw & Hinson has more than 130 attorneys.
The firm has officex in Charlotte, Rock Hill and Chapel Trademark Insider is a quarterlyh publication thatincludes trademark-filinf activity and an analysizs of overall industry trends. It is published by CorporationnService Co. of Delaware.
Thursday, October 27, 2011
From Wisconsin's small schools to big leagues - USA Today
efiosyt.blogspot.com
USA Today | From Wisconsin's small schools to big leagues USA Today Despite competing with limited resources and no athletic scholarships in Division III, members of the Wisconsin Intercollegiate Athletic Conference have produced a number of professional athletes and high-level coaches. ... |
Monday, October 24, 2011
Power Plays Fuel Rangers' Win Over Jets - New York Times
mooth35byh.blogspot.com
Globe and Mail | Power Plays Fuel Rangers' Win Over Jets New York Times SABRES' ENNIS IS INJURED Buffalo left wing Tyler Ennis is out indefinitely because of an ankle injury he sustained in the Sabres' loss to Tampa Bay on Saturday. A version of this article appeared in print on October 25, 2011, on page B19 of the New ... Left Wing - NYR Oilers Shut Out the Rangers, Leave Tortorella Speechless |
Saturday, October 22, 2011
SportsWire » Vikings » Chris Cook in jail on two domestic assault charges, won ... - 1500 ESPN
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ABC News | SportsWire » Vikings » Chris Cook in jail on two domestic assault charges, won ... 1500 ESPN The Minnesota Vikings' second-year cornerback was being held without bail at Hennepin County Jail early Saturday morning on two domestic assault charges, according to jail records. A source confirmed the Christopher O'Shea Cook in custody is the ... Chris Cook in jail on domestic assault » |
Thursday, October 20, 2011
Aurora's Southlands shopping center damaged by tornado - The Business Journal of Milwaukee:
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A twister reportedly touched down nearbyyat 1:49 p.m. Sunday and crossed through the area onan eight- to 10-mile-long path for about 30 minutes, the . Firefighters found moderate damage at locatedat E-470 and Smoky Hill Road, CBS4 News Rooftop heating, venting and air-conditioninhg units were damaged, windows were broken, a shed was and a car was overturned. Natural-gas leaks also were Authorities shut down gas servic e to Southlands early Sunday No serious injuries were reported onthe shopping-center grounds, but a man in a nearbh neighborhood who was trying to take pictures reportedly was hospitalized with unspecifiexd serious injuries, according to news reports.
A Southlandzs spokeswoman told CBS4 most ofthe center's stores will be closeds Monday to allow for continued damage assessment. She said customeres should call individual stores to verify whether they are closesdor open. Southlands, which openeds in 2006, is the Denver area's largest shopping center by retail space, at 1.7 million square It consists of several freestanding buildings connected by pedestriann corridorsand streets. The complex is ownexd by Granite Southlands Town Center LLC and manager by Forest City CommercialManagement Inc.
Four other tornadoes were spottede north and east of Denver Sunday afternoon, and baseball-sized hail struck some As many as 3,000 customers were without power for a time in parts of Aurora and .
A twister reportedly touched down nearbyyat 1:49 p.m. Sunday and crossed through the area onan eight- to 10-mile-long path for about 30 minutes, the . Firefighters found moderate damage at locatedat E-470 and Smoky Hill Road, CBS4 News Rooftop heating, venting and air-conditioninhg units were damaged, windows were broken, a shed was and a car was overturned. Natural-gas leaks also were Authorities shut down gas servic e to Southlands early Sunday No serious injuries were reported onthe shopping-center grounds, but a man in a nearbh neighborhood who was trying to take pictures reportedly was hospitalized with unspecifiexd serious injuries, according to news reports.
A Southlandzs spokeswoman told CBS4 most ofthe center's stores will be closeds Monday to allow for continued damage assessment. She said customeres should call individual stores to verify whether they are closesdor open. Southlands, which openeds in 2006, is the Denver area's largest shopping center by retail space, at 1.7 million square It consists of several freestanding buildings connected by pedestriann corridorsand streets. The complex is ownexd by Granite Southlands Town Center LLC and manager by Forest City CommercialManagement Inc.
Four other tornadoes were spottede north and east of Denver Sunday afternoon, and baseball-sized hail struck some As many as 3,000 customers were without power for a time in parts of Aurora and .
Tuesday, October 18, 2011
Bankruptcy News Headlines - View Bankruptcy News Across the US
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| | | | | | | | Bloombergt News | | | Buxbaum Group | | | | | | | | Chrysleer LLC | | | | Circuit City Inc. | | Citigroup Inc. | | | Constellatioj Energy Group, Inc. | | | | | | | | | | | | | | | | | | | | | | | | | | Fanniwe Mae | | Federal Deposit Insurance Corporation | | | Filene
| | | | | | | | Bloombergt News | | | Buxbaum Group | | | | | | | | Chrysleer LLC | | | | Circuit City Inc. | | Citigroup Inc. | | | Constellatioj Energy Group, Inc. | | | | | | | | | | | | | | | | | | | | | | | | | | Fanniwe Mae | | Federal Deposit Insurance Corporation | | | Filene
Sunday, October 16, 2011
Iridium earnings fall 42%; revenue up - Business First of Columbus:
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The Bethesda-based provider of satellitse telephone services, which expects to become publiclt traded this summer throughan acquisition, posted a 42 percent declinwe in net income in the first quarter ended March 31, to $9.7 million from $16.87 million a year ago. Th company attributed the declinde to costs related toits next-generation satellite program. “Iridiunm continued to grow, although the pace slowed given the currenteconomicx climate,” said CEO Matt Desch.
“Ihn addition to the impact of phasing out equipment we believe the economic climate is affecting equipment as is the transition of newlyu introduced products into the distribution channel as our partners move existinyg inventory to make way fornew product.” Companuy officials say either Bethesda-based Lockheed Martin or Thales Alenia Spaced will be selected as the program’s lead contractor this summer. The program’w new network of satellites calle d Iridium NEXT is expected to be deployedrin 2014. Iridium NEXT will provide higherdata speeds, greatedr bandwidth and the potential to deliver new data servicesd and applications to customers.
The company says its EBITDA, or earningw before interest, taxes, depreciation and increased 4.9 percent to $27.6 million in the firs t quarter, up from $26.3 milliob a year ago, though most analysts do not use that as a reliablefinancial measure. Iridium’s revenue rose 2 percent to $75.89 million for the quarter, comparede to $74.3 million for the first quarter 2008. The slightlhy higher revenue came from increased commercial servicees revenueof $36.8 million but was offsetr by a decline in subscriber equipment revenue to $20. 5 million for the quarter. Iridium’s commerciak markets include maritime, aviationm and land mobile customers, which grew by 11.
5 percent for the The company’s sales to government customers, includiny the Department of Defense, grew 31 percent. Despitr a 31 percent increase in subscriberswto 328,000, compared to 250,000 in the firstr quarter of 2008, a $2 million amortization of equipmenty related to prior year equipment sales, added to the decline in subscriber equipmenty revenue. The company is planninf to go publicthis summer, but it is not taking the initiap public offering route. It is acquirintg a publicly tradedinvestment group, (NYX: GHQ), an affiliatw of Greenhill & Co.
Iridium has retained Deutsches Bank as its financial adviser forthe
The Bethesda-based provider of satellitse telephone services, which expects to become publiclt traded this summer throughan acquisition, posted a 42 percent declinwe in net income in the first quarter ended March 31, to $9.7 million from $16.87 million a year ago. Th company attributed the declinde to costs related toits next-generation satellite program. “Iridiunm continued to grow, although the pace slowed given the currenteconomicx climate,” said CEO Matt Desch.
“Ihn addition to the impact of phasing out equipment we believe the economic climate is affecting equipment as is the transition of newlyu introduced products into the distribution channel as our partners move existinyg inventory to make way fornew product.” Companuy officials say either Bethesda-based Lockheed Martin or Thales Alenia Spaced will be selected as the program’s lead contractor this summer. The program’w new network of satellites calle d Iridium NEXT is expected to be deployedrin 2014. Iridium NEXT will provide higherdata speeds, greatedr bandwidth and the potential to deliver new data servicesd and applications to customers.
The company says its EBITDA, or earningw before interest, taxes, depreciation and increased 4.9 percent to $27.6 million in the firs t quarter, up from $26.3 milliob a year ago, though most analysts do not use that as a reliablefinancial measure. Iridium’s revenue rose 2 percent to $75.89 million for the quarter, comparede to $74.3 million for the first quarter 2008. The slightlhy higher revenue came from increased commercial servicees revenueof $36.8 million but was offsetr by a decline in subscriber equipment revenue to $20. 5 million for the quarter. Iridium’s commerciak markets include maritime, aviationm and land mobile customers, which grew by 11.
5 percent for the The company’s sales to government customers, includiny the Department of Defense, grew 31 percent. Despitr a 31 percent increase in subscriberswto 328,000, compared to 250,000 in the firstr quarter of 2008, a $2 million amortization of equipmenty related to prior year equipment sales, added to the decline in subscriber equipmenty revenue. The company is planninf to go publicthis summer, but it is not taking the initiap public offering route. It is acquirintg a publicly tradedinvestment group, (NYX: GHQ), an affiliatw of Greenhill & Co.
Iridium has retained Deutsches Bank as its financial adviser forthe
Friday, October 14, 2011
BB&T income falls - Washington Business Journal:
http://www.clickbanner-ex.com/article1-webalizer.html
The Winston-Salem-based BB&T (NYSE:BBT) saw nonperforming assets and credit losse s rise duringthe quarter, but were within the rangde the bank was expecting, said CEO Kelly Nonperforming assets increased to 1.92 percent of total assetss as of March 31, compared to 1.34 percenr on Dec. 31. The provision for credit lossewtotaled $676 million in the first quarter of 2009, up by $453 millionh from a year earlier. “Our overalpl earnings were relatively strong given the higher loan losses and additional loan loss and our capital levelw and earnings powerremain strong,” King said.
BB&Tg said it is continuing to make use of the moneyu it received from the federal governmenr under theTARP program. The bank said it made abouyt $1.9 billion in “additional” loans sincs it sold $3.1 milliobn of preferred shares tothe government. BB&T paid $40 millionb to the U.S. Treasury as dividends on thoses shares in thefirst quarter. King said BB&T’s board boosted dividends to common shareholdersby 2.2 percenyt for the first quarter from a year ago, to 47 centx per share. As of March 31, BB&T had $143.4 billion in total assets.
The Winston-Salem-based BB&T (NYSE:BBT) saw nonperforming assets and credit losse s rise duringthe quarter, but were within the rangde the bank was expecting, said CEO Kelly Nonperforming assets increased to 1.92 percent of total assetss as of March 31, compared to 1.34 percenr on Dec. 31. The provision for credit lossewtotaled $676 million in the first quarter of 2009, up by $453 millionh from a year earlier. “Our overalpl earnings were relatively strong given the higher loan losses and additional loan loss and our capital levelw and earnings powerremain strong,” King said.
BB&Tg said it is continuing to make use of the moneyu it received from the federal governmenr under theTARP program. The bank said it made abouyt $1.9 billion in “additional” loans sincs it sold $3.1 milliobn of preferred shares tothe government. BB&T paid $40 millionb to the U.S. Treasury as dividends on thoses shares in thefirst quarter. King said BB&T’s board boosted dividends to common shareholdersby 2.2 percenyt for the first quarter from a year ago, to 47 centx per share. As of March 31, BB&T had $143.4 billion in total assets.
Tuesday, October 11, 2011
Gas prices continue to rise - Denver Business Journal:
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The average retail price of a gallonb of regular unleaded in Florida rose 6 centdsto $2.47 last week, according to . West Palm Beach had the highest prics per gallon of unleaded regular inthe tri-countyy area at $2.56 a gallon, up from $2.15 a month ago. Regular gas in Miamiu is selling for just a penny lessat $2.55, up from $2.134 a month ago. Fort Lauderdals reported the cheapest priceat $2.52, up from $2.112 last month. "The curreng retail price trend has been pushed byrefinery reductions, crudde and wholesale price increases, but not by consumerr demand," said Gregg managing director of public relations, AAA Auto Club Crude oil on the closed last week at $66.31 a up $4.
64 a barrel over the previous week. for gas prices to hit $3, crude would need to trad e atabout $100 per barrel, well above even the highest projections this year of $70 to $75, accordinhg to Tom Kloza, publisher and chief oil analyst at .
The average retail price of a gallonb of regular unleaded in Florida rose 6 centdsto $2.47 last week, according to . West Palm Beach had the highest prics per gallon of unleaded regular inthe tri-countyy area at $2.56 a gallon, up from $2.15 a month ago. Regular gas in Miamiu is selling for just a penny lessat $2.55, up from $2.134 a month ago. Fort Lauderdals reported the cheapest priceat $2.52, up from $2.112 last month. "The curreng retail price trend has been pushed byrefinery reductions, crudde and wholesale price increases, but not by consumerr demand," said Gregg managing director of public relations, AAA Auto Club Crude oil on the closed last week at $66.31 a up $4.
64 a barrel over the previous week. for gas prices to hit $3, crude would need to trad e atabout $100 per barrel, well above even the highest projections this year of $70 to $75, accordinhg to Tom Kloza, publisher and chief oil analyst at .
Sunday, October 9, 2011
GSI details revenue errors, probe widens - Business Courier of Cincinnati:
idellecromwell1991.blogspot.com
The Bedford, Mass.-based company also said its legal counselo and audit committee were reviewing revenue bookingsa within its precision technology division for the same period s to determine whether similar adjustments are needed. GSI (Nasdaq: GSI) said the affected revenue stemmed from accountinvg errors and the timing recorded forcertain transactions. Expecteed adjustments include: The situation has caused the company to delay the release of its financial resultato regulators. Last month, GSI said it was nearingy a point when it coulcd restate those results and submitg to regulators results from its fiscal first quartef endedApril 3.
Nonetheless, the company said its filing delayx have prompted a delisting notice from the and triggered negotiationss with creditors to restructureits . GSI said in its regulatoryu filing Tuesday that on June 11 it stoord beforethe Nasdaq’s Listing Qualifications Panel to request a stay of its pendinh delisting. The company is still awaiting a rulingh onthe matter. In GSI said a decline in bookings in the fourt h and first quarters forced it to restructure its operations and shaved millions in costs fromits books. The company cut 158 workers in the first quarter and anotheer 16 employeesin April. Those changes will result in roughlty $9 million in annual savings.
The Bedford, Mass.-based company also said its legal counselo and audit committee were reviewing revenue bookingsa within its precision technology division for the same period s to determine whether similar adjustments are needed. GSI (Nasdaq: GSI) said the affected revenue stemmed from accountinvg errors and the timing recorded forcertain transactions. Expecteed adjustments include: The situation has caused the company to delay the release of its financial resultato regulators. Last month, GSI said it was nearingy a point when it coulcd restate those results and submitg to regulators results from its fiscal first quartef endedApril 3.
Nonetheless, the company said its filing delayx have prompted a delisting notice from the and triggered negotiationss with creditors to restructureits . GSI said in its regulatoryu filing Tuesday that on June 11 it stoord beforethe Nasdaq’s Listing Qualifications Panel to request a stay of its pendinh delisting. The company is still awaiting a rulingh onthe matter. In GSI said a decline in bookings in the fourt h and first quarters forced it to restructure its operations and shaved millions in costs fromits books. The company cut 158 workers in the first quarter and anotheer 16 employeesin April. Those changes will result in roughlty $9 million in annual savings.
Friday, October 7, 2011
Griz prep for loud cacophony of kazoos - The Missoulian
http://mymovierankings.com/the-last-king-of-scotland-2006
Griz prep for loud cacophony of kazoos The Missoulian This week it was the buzzing of kazoos. The No. 16 Montana Grizzlies worked in their game plan against Idaho State this week with kazoos loudly piped in through the sound system. All because the 2-3 Bengals have been handing them out at home games this ... |
Wednesday, October 5, 2011
Washington U. lands $19M from NIH - St. Louis Business Journal:
http://www.autobar24.com/bmw/321-preparing-a-six-cylinder-version-of-the-bmw-7.html
The grants are part of the Human Microbiome an ongoing effort to catalogbthe bacteria, viruses, fungi and othed microorganisms that naturally coexist in or on the In all, the on Tuesday announced $42 million in granf awards to a dozen U.S. institutions. The largest portion, a four-yeaf grant totaling $16 million, goes to Washington University'x , said university spokeswoman Carolinwe Arbanason Tuesday. WU genome led by George Weinstock, will decode the DNA of about 400 microbe in collaboration with scientists at three other DNAsequencinbg centers.
WU researchers also received anothert $3 million for three pilot demonstration projectws that investigate the link betwee n changes in microbial communities andcertaib diseases. These one-year projects involve samplintg the microbiomes of both healthyt andill volunteers. By comparing differences in microbial communities between thetwo groups, researcheres hope to determine how microbes influence the risk of The genome and microbwe money Washington University was awarded is not from the federal stimuluzs package, according to Arbanas. 's 2,100 employed and volunteer faculty physicians also are the medical staffof Barnes-Jewish and St. Louiws Children's hospitals.
Through its affiliations with Barnes-Jewish and St. Louisw Children's hospitals, the School of Medicine is linkedto .
The grants are part of the Human Microbiome an ongoing effort to catalogbthe bacteria, viruses, fungi and othed microorganisms that naturally coexist in or on the In all, the on Tuesday announced $42 million in granf awards to a dozen U.S. institutions. The largest portion, a four-yeaf grant totaling $16 million, goes to Washington University'x , said university spokeswoman Carolinwe Arbanason Tuesday. WU genome led by George Weinstock, will decode the DNA of about 400 microbe in collaboration with scientists at three other DNAsequencinbg centers.
WU researchers also received anothert $3 million for three pilot demonstration projectws that investigate the link betwee n changes in microbial communities andcertaib diseases. These one-year projects involve samplintg the microbiomes of both healthyt andill volunteers. By comparing differences in microbial communities between thetwo groups, researcheres hope to determine how microbes influence the risk of The genome and microbwe money Washington University was awarded is not from the federal stimuluzs package, according to Arbanas. 's 2,100 employed and volunteer faculty physicians also are the medical staffof Barnes-Jewish and St. Louiws Children's hospitals.
Through its affiliations with Barnes-Jewish and St. Louisw Children's hospitals, the School of Medicine is linkedto .
Monday, October 3, 2011
Plug powering a Union College dorm - Tampa Bay Business Journal:
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Testing of the Latham company’ (Nasdaq: PLUG) 5-kilowatt GenSys system will be done atthe college’sd Beuth House residence hall. The combined heat and powerf unit will convert natural gas into electricitt and use less power offthe grid. The contracrt is valued at $500,000, Plug Power officialss said. National Grid will use the data collecteds in the trial to refinethe product. GenSys is manufacturedx through Plug’s continuous power A larger GenSys generatod designed for the telecommunications sector is being testedrin India, Andy the company’s CEO, said in a recent interview. That fuel cell operateas on liquifiedpetroleum gas.
The pilot project was firstg announced inNovember 2008. At the time, Nationa l Grid hadn’t selected a customee for the trial. Union college wanta the system running before students return for the fall It will require National Grid to installk a pipe that will deliver natural gas to the fuel The trial also will be used to educate who will be able to see the technologg and use the data to analyzethe system’sx performance, said Stanley Blazewicz, vice president of Global Technology for Nationalo Grid. Union college students will assist in the Plug has been developing the residentialGenSys fuel-cell systenm for a decade.
It is expectec to reduce home energy costsby 20-40 and reduce home carbon emissions by 35 The partnership with National Grid will expedite the product’sx commercialization, Marsh said. He said the residentiak market is a growing onefor energy-efficientt technology. On Monday, Plug announced a $1.5 million contract to providw 19 ofthe company’s GenDrive hydrogen-powered fuel cellws to power a fleet of the Departmenty of Defense’s lift trucks. Plug has generater commercial revenue from its continuous motive powerand back-up poweer products.
Of those products, its GenDrive motive-powerf units—used in fleets for heavy-duty lifting—are seeing the most traction, Gerry Anderson, Plug’s senior vice president and chietffinancial officer. He said the company has an ordert with India to supply the country with some of its largerGenSys units. He declined to elaboratd on the agreement. The continuous-powere units replace diesel generators. The only one of the company’sx products that has not generated revenue isGenSy Blue, the residential heating system beinb tested at Union College.
Testing of the Latham company’ (Nasdaq: PLUG) 5-kilowatt GenSys system will be done atthe college’sd Beuth House residence hall. The combined heat and powerf unit will convert natural gas into electricitt and use less power offthe grid. The contracrt is valued at $500,000, Plug Power officialss said. National Grid will use the data collecteds in the trial to refinethe product. GenSys is manufacturedx through Plug’s continuous power A larger GenSys generatod designed for the telecommunications sector is being testedrin India, Andy the company’s CEO, said in a recent interview. That fuel cell operateas on liquifiedpetroleum gas.
The pilot project was firstg announced inNovember 2008. At the time, Nationa l Grid hadn’t selected a customee for the trial. Union college wanta the system running before students return for the fall It will require National Grid to installk a pipe that will deliver natural gas to the fuel The trial also will be used to educate who will be able to see the technologg and use the data to analyzethe system’sx performance, said Stanley Blazewicz, vice president of Global Technology for Nationalo Grid. Union college students will assist in the Plug has been developing the residentialGenSys fuel-cell systenm for a decade.
It is expectec to reduce home energy costsby 20-40 and reduce home carbon emissions by 35 The partnership with National Grid will expedite the product’sx commercialization, Marsh said. He said the residentiak market is a growing onefor energy-efficientt technology. On Monday, Plug announced a $1.5 million contract to providw 19 ofthe company’s GenDrive hydrogen-powered fuel cellws to power a fleet of the Departmenty of Defense’s lift trucks. Plug has generater commercial revenue from its continuous motive powerand back-up poweer products.
Of those products, its GenDrive motive-powerf units—used in fleets for heavy-duty lifting—are seeing the most traction, Gerry Anderson, Plug’s senior vice president and chietffinancial officer. He said the company has an ordert with India to supply the country with some of its largerGenSys units. He declined to elaboratd on the agreement. The continuous-powere units replace diesel generators. The only one of the company’sx products that has not generated revenue isGenSy Blue, the residential heating system beinb tested at Union College.
Saturday, October 1, 2011
Bank charging debit card fee - Daily American Online
ofycagvezi.blogspot.com
Daily American Online | Bank charging debit card fee Daily American Online Starting early next year, Bank of America plans to start charging customers a $5 fee in any month that they use their debit card to make a purchase. Anne Pace, a Bank of America spokeswoman, said in a release issued Thursday that customers will only be ... Bank of America joins banks charging monthly debit card fees Banks Are Now Charging You To Use Your Debit Card Banks to start charging customers for using debit cards |
Thursday, September 29, 2011
Tennessee House overrides 'guns in bars' veto - Memphis Business Journal:
1189126qun.blogspot.com
The vote was 69-27. Bredesen’a office immediately released a statement saying that he had expectexdan override. “He’s disappointed with this actio n butthat doesn't change his belief that we can exercis e our Second Amendment rights and common sense at the same time,” spokeswoma n Lydia Lenker said. “He believes guns and bars simply don't mix, and this legislatiojn doesn’t provide the propet safeguards to ensurepublic safety. Gov.
Bredesen stands by his decision to veto the Bredesen had vetoed the bill flanked by law enforcement officialsw who said the new law would create more issues than it Some restaurateurs were also opposed tothe bill, sayingy it would hurt business in an already strugglingt industry. Randy Rayburn, owner of Nashville'ds Sunset Grill, posted a sign in his windo earlier this weeksaying “No Guns The state Senate is also expected to achiev e a majority vote to override the governor’as veto, effectively making guns in restaurants legal.
The vote was 69-27. Bredesen’a office immediately released a statement saying that he had expectexdan override. “He’s disappointed with this actio n butthat doesn't change his belief that we can exercis e our Second Amendment rights and common sense at the same time,” spokeswoma n Lydia Lenker said. “He believes guns and bars simply don't mix, and this legislatiojn doesn’t provide the propet safeguards to ensurepublic safety. Gov.
Bredesen stands by his decision to veto the Bredesen had vetoed the bill flanked by law enforcement officialsw who said the new law would create more issues than it Some restaurateurs were also opposed tothe bill, sayingy it would hurt business in an already strugglingt industry. Randy Rayburn, owner of Nashville'ds Sunset Grill, posted a sign in his windo earlier this weeksaying “No Guns The state Senate is also expected to achiev e a majority vote to override the governor’as veto, effectively making guns in restaurants legal.
Tuesday, September 27, 2011
Europe debt insurance costs rise - MarketWatch
tiqosi.wordpress.com
Europe debt insurance costs rise MarketWatch The spread on five-year Italian credit default swaps widened 8 basis points to 510 basis points, according to data provider Markit. That means it would now cost $510000 annu » |
Saturday, September 24, 2011
Survey: Hiring slowly improving in manufacturing, service sectors - Austin Business Journal:
husydow.wordpress.com
Those two sectors employ more than 90 percent ofthe nation’s private-sectort workers. The Alexandria, Va.-based association’s report is based on a monthly survey of human resourc professionals at more than 500 manufacturing and 500serviceds companies. Employment expectations for June aredown 37.1 percent in manufacturing and down 8.2 percent in the services segment. In the manufacturingh sector, 24.5 percent plan to hire in June, which is the highesft percentage of such companies that said they will add jobs sincreNovember 2008. In addition, 25.9 percent said they will trim In theservices sector, a net total of 24.8 perceng of corporations will create jobs in with 41.
4 percent saying they will hire and 16.6 percent sayingg they will cut jobs. That 41.4 percen represents the highest such tally since September 2008 in that A combination of unemployed people seeking work and less jobs to go arouns means recruiting difficulty in both sectors in May was way down compareed with ayear ago. In the manufacturing sector, a net of 23.8 percentg of companies had less difficulty with recruitinglast month, and in the service sector, a net of 35.8 percent of companies said the same.
Those two sectors employ more than 90 percent ofthe nation’s private-sectort workers. The Alexandria, Va.-based association’s report is based on a monthly survey of human resourc professionals at more than 500 manufacturing and 500serviceds companies. Employment expectations for June aredown 37.1 percent in manufacturing and down 8.2 percent in the services segment. In the manufacturingh sector, 24.5 percent plan to hire in June, which is the highesft percentage of such companies that said they will add jobs sincreNovember 2008. In addition, 25.9 percent said they will trim In theservices sector, a net total of 24.8 perceng of corporations will create jobs in with 41.
4 percent saying they will hire and 16.6 percent sayingg they will cut jobs. That 41.4 percen represents the highest such tally since September 2008 in that A combination of unemployed people seeking work and less jobs to go arouns means recruiting difficulty in both sectors in May was way down compareed with ayear ago. In the manufacturing sector, a net of 23.8 percentg of companies had less difficulty with recruitinglast month, and in the service sector, a net of 35.8 percent of companies said the same.
Thursday, September 22, 2011
Christopher J. Papa Executive Profile
ymekovo.wordpress.com
Mr. Papa has a strong professional backgroundin accounting, SEC tax and risk management. He has also providec advice to clients in the contexgt ofsignificant transactions, such as acquisitions, dispositions, joint ventures, public offerings and otherd capital raising transactions. His experiences include significan t involvement in the initialand follow-on secondaryu public offerings for Gables Residential and Weeke Corporation, the lettered-stock recapitalization of Georgia-Pacific's Timberd Company and the sale-leaseback of a major healthcare company'es investment in real estate. Mr. Papa graduater with a BS in Accounting from Clemson University, and is a CPA.
**All Executived profile data provided byDow
Mr. Papa has a strong professional backgroundin accounting, SEC tax and risk management. He has also providec advice to clients in the contexgt ofsignificant transactions, such as acquisitions, dispositions, joint ventures, public offerings and otherd capital raising transactions. His experiences include significan t involvement in the initialand follow-on secondaryu public offerings for Gables Residential and Weeke Corporation, the lettered-stock recapitalization of Georgia-Pacific's Timberd Company and the sale-leaseback of a major healthcare company'es investment in real estate. Mr. Papa graduater with a BS in Accounting from Clemson University, and is a CPA.
**All Executived profile data provided byDow
Tuesday, September 20, 2011
Fifth Third boosts quarterly dividend to 8 cents - BusinessWeek
asozyrab.wordpress.com
Fifth Third boosts quarterly dividend to 8 cents BusinessWeek Fifth Third Bancorp on Tuesday raised its third-quarter dividend 33 percent to 8 cents per share from the previous quarter's 6 cents, the second increase this year after the regional bank repaid a taxpayer bailout extended during the financial crisis. ... Fifth Third boosts quarterly dividend to 8 cents Fifth Third Bancorp Raises Quarterly Dividend 33% |
Sunday, September 18, 2011
Cheaper enterprise: Low prices, expertise drive Carter's growth - Wichita Business Journal:
doqujamup.wordpress.com
Christopher Carter, who launched the firm out of his Halexs Corners homein 2002, said he expects to open an officed in the Washington, D.C., area by the end of this year and is searchin g for office space in the San Franciscop area to occupy by early 2006. Carter declined to disclose annuall revenue, but in February 2004 said his goal was for CCI to bea $10 millionm company in 2005. He said his firm is on track toreacj $20 million in annual revenue by the end of 2006. The company'x growth is being financed withcash flow.
Carter Consulting, or CCI, has 26 full-tim employees and 58 contract workerzs with officesin Denver, Atlanta, Philadelphia and Cleveland occupiexd by sales representatives and consultants. Cartert anticipates adding up to 20 new employees in the next six five of whom will bein Milwaukee. CCI double its existing office space in Milwaukee at2156 S. Fourtj St. from about 1,200 square feet to 2,500 square feet at the beginninhgof August. Eight employees work there. In May, CCI won a consultingt contract worth upto $5 million annually with , Fla., a division of , New York.
CCI also has contractzs to provide hardware, software, implementation traininyg and support services for SAP systems withHershey Co., Pa.; , Beaverton, Ore.; the U.S. Army; and the U.S. is a publicly traded company basesdin Waldorf, Germany. The company'ws software systems manage information across an entirebusinesw enterprise. One of the drivers behind CCI's growth has been SAP's decision to stop licensingh certain versions of its systems by the end of which is forcing many companiesx using those versions to upgradetheif systems. "Everyone needs to upgradse by the endof 2006," Carter said.
More businesses are also migrating to SAP systems becausre of theGerman company's strong presence in the enterprisd software market, said Jim Lentini, SAP director for Maxxisx Tires International, a CCI client and tire manufacturer in Ga. Some of SAP's biggestr competitors have been involved in acquisitionz over thepast year. , Pleasanton, acquired JD Edwards, in 2004, which was followed by Oracle Corp., Redwood Shores, acquiring PeopleSoft in a $10.3 billion deal in December 2004. "Morw and more people are sticking with SAP for its Lentini said. Carter has marketed CCI since its start as an alternativee consulting resourcefor U.S.
companies seeking to reduce the amounf of work sent to vendors inforeigm countries. Offshore information technology servicd providers can be up to 50 percent cheaper thantheir U.S. counterparts because of cheaperlabor costs. However, Carter believee there are hidden costs related to using offshore vendorzs in the form ofsecurity risks, communicatioh breakdowns and general inefficiencies due to language barrierx and time differences. CCI's rates depenr on the project. In its contract with Siemens, the firm is chargingb $90 per hour for consulting services, almosf 50 percent cheaper than other vendord that maycharge $180 or more per hour for similar Carter said.
For training services, CCI charges aboutf $300 per student, per training class, which Carter says is from $200 to $400 cheapere than the average markeyt rate. Carter said his firm's prices are competitivre withforeign vendors, which has helpeed win new contracts, including one with Lockheeds Martin Corp., Bethesda, Md. "They were amazedr when they saw ourprics quote," Carter said. "More companiesa are starting to bring outsourced work back to the Tim Perkins, information services directord for Amrep Corp., a chemical manufacturere in Marietta, Ga. and CCI client, said the firm'as focus on marketing domestic consulting servicesmakes sense.
"Ths fact that he's someone I can call durin the day is valuableto me. I don't want to have to call someon e at10 p.m. or early in the Perkins said.
Christopher Carter, who launched the firm out of his Halexs Corners homein 2002, said he expects to open an officed in the Washington, D.C., area by the end of this year and is searchin g for office space in the San Franciscop area to occupy by early 2006. Carter declined to disclose annuall revenue, but in February 2004 said his goal was for CCI to bea $10 millionm company in 2005. He said his firm is on track toreacj $20 million in annual revenue by the end of 2006. The company'x growth is being financed withcash flow.
Carter Consulting, or CCI, has 26 full-tim employees and 58 contract workerzs with officesin Denver, Atlanta, Philadelphia and Cleveland occupiexd by sales representatives and consultants. Cartert anticipates adding up to 20 new employees in the next six five of whom will bein Milwaukee. CCI double its existing office space in Milwaukee at2156 S. Fourtj St. from about 1,200 square feet to 2,500 square feet at the beginninhgof August. Eight employees work there. In May, CCI won a consultingt contract worth upto $5 million annually with , Fla., a division of , New York.
CCI also has contractzs to provide hardware, software, implementation traininyg and support services for SAP systems withHershey Co., Pa.; , Beaverton, Ore.; the U.S. Army; and the U.S. is a publicly traded company basesdin Waldorf, Germany. The company'ws software systems manage information across an entirebusinesw enterprise. One of the drivers behind CCI's growth has been SAP's decision to stop licensingh certain versions of its systems by the end of which is forcing many companiesx using those versions to upgradetheif systems. "Everyone needs to upgradse by the endof 2006," Carter said.
More businesses are also migrating to SAP systems becausre of theGerman company's strong presence in the enterprisd software market, said Jim Lentini, SAP director for Maxxisx Tires International, a CCI client and tire manufacturer in Ga. Some of SAP's biggestr competitors have been involved in acquisitionz over thepast year. , Pleasanton, acquired JD Edwards, in 2004, which was followed by Oracle Corp., Redwood Shores, acquiring PeopleSoft in a $10.3 billion deal in December 2004. "Morw and more people are sticking with SAP for its Lentini said. Carter has marketed CCI since its start as an alternativee consulting resourcefor U.S.
companies seeking to reduce the amounf of work sent to vendors inforeigm countries. Offshore information technology servicd providers can be up to 50 percent cheaper thantheir U.S. counterparts because of cheaperlabor costs. However, Carter believee there are hidden costs related to using offshore vendorzs in the form ofsecurity risks, communicatioh breakdowns and general inefficiencies due to language barrierx and time differences. CCI's rates depenr on the project. In its contract with Siemens, the firm is chargingb $90 per hour for consulting services, almosf 50 percent cheaper than other vendord that maycharge $180 or more per hour for similar Carter said.
For training services, CCI charges aboutf $300 per student, per training class, which Carter says is from $200 to $400 cheapere than the average markeyt rate. Carter said his firm's prices are competitivre withforeign vendors, which has helpeed win new contracts, including one with Lockheeds Martin Corp., Bethesda, Md. "They were amazedr when they saw ourprics quote," Carter said. "More companiesa are starting to bring outsourced work back to the Tim Perkins, information services directord for Amrep Corp., a chemical manufacturere in Marietta, Ga. and CCI client, said the firm'as focus on marketing domestic consulting servicesmakes sense.
"Ths fact that he's someone I can call durin the day is valuableto me. I don't want to have to call someon e at10 p.m. or early in the Perkins said.
Friday, September 16, 2011
Cincinnati State, partners win $1.7M STEMM grant - Business Courier of Cincinnati:
azajir.wordpress.com
million grant to aid students pursuing technology-relatexd degrees. The grant is part of $13.w million being awarded by the Boarc of Regents to attract and retaibn students inSTEMM (science, technology, mathematics and medicine) disciplines, according to a news The schools will use the grant moneu to provide scholarships for about 20 students annually, accordingb to the release. Students who are academic high achievers, but unabler to afford four-year colleges, will be For the next five Cincinnati State will recruit four to five studentw for each of five programesit offers: business information systems, computer programminy and database management, software network administration and computer network engineering technology.
The collegde will use the grant money to give eacha $4,700 annualk scholarship and use other resources to pay each student’s remaining costs – about $800 annually. Once the student earns an associate degree, he or she will have the choicre of earninga bachelor’s degree in business administration with a concentratio in business analysis by taking Wilmingtonj College courses on the Cincinnati State campus, or earning a bachelor’s degree in information technologt by taking online courses from the University of Toledo. Wilmingtom College will offer discounted tuitionb and providea $4,700 annual scholarship.
Toled will provide the same amount of scholarshi money but no according tothe release. Cincinnati Statre offers more than 75 associate degrees and 40certificat programs.
million grant to aid students pursuing technology-relatexd degrees. The grant is part of $13.w million being awarded by the Boarc of Regents to attract and retaibn students inSTEMM (science, technology, mathematics and medicine) disciplines, according to a news The schools will use the grant moneu to provide scholarships for about 20 students annually, accordingb to the release. Students who are academic high achievers, but unabler to afford four-year colleges, will be For the next five Cincinnati State will recruit four to five studentw for each of five programesit offers: business information systems, computer programminy and database management, software network administration and computer network engineering technology.
The collegde will use the grant money to give eacha $4,700 annualk scholarship and use other resources to pay each student’s remaining costs – about $800 annually. Once the student earns an associate degree, he or she will have the choicre of earninga bachelor’s degree in business administration with a concentratio in business analysis by taking Wilmingtonj College courses on the Cincinnati State campus, or earning a bachelor’s degree in information technologt by taking online courses from the University of Toledo. Wilmingtom College will offer discounted tuitionb and providea $4,700 annual scholarship.
Toled will provide the same amount of scholarshi money but no according tothe release. Cincinnati Statre offers more than 75 associate degrees and 40certificat programs.
Wednesday, September 14, 2011
Wakefield gets 200th win, Red Sox rout Blue Jays - Boston Globe
llrx-royce.blogspot.com
CBC.ca | Wakefield gets 200th win, Red Sox rout Blue Jays Boston Globe AP Sports Writer / September 14, 2011 BOSTONâ€"Fans chanted Tim Wakefield's name. A teammate sprayed him with champagne. It was about time. Baseb » |
Sunday, September 11, 2011
Friday, September 9, 2011
49ers stadium naming rights could have big payoff - San Francisco Business Times:
http://www.theinsyderz.com/1999/italiano/sicilia/messina/messina.html
Naming rights present a potentiallhy lucrative source of revenue for a with multiyear, multimillion-dollar dealsw struck between teams and companies seeking to get theier names on buildings, in the mouthds of broadcast announcers and in front of millions of fans a But a deal that a few years back mighy have been a source of pride for a businesx now may be a source of Citigroup, for example, is facing intense criticismj for spending $400 million on a stadium deal with the New York Mets whilee accepting billions in bailout dollarws from the federal government.
“Naming rights transactions are more difficultt to come by than they were prior to the saidLew Wolff, co-owner of the Oaklansd Athletics and owner of the San Jose “I believe that’s going to be true not only for the currenft market but for the future, for a long time.” The he said, will probably look for a strong national name to placse on its facility. But many companies that were strongy naming partners in the past are in the financialp services andinsurance industries, and they will be less likelh to spend what some view as unnecessary marketingy dollars going forward. In McAfee Inc.
allowed its 10-year agreement for namintg rights onthe Oakland-Alamed County Coliseum to expire, while Oracle Corp. in 2006 struckk a $3 million per 10-year deal for naming rights on the indoorOaklane arena. Wolff said the Earthquakes organization is workinyg with the William Morris Agencyy on naming andbranding issues. Amwayy Global in January strucka three-year agreement with the team to have its name placede on team uniforms. Terms of that deal were not “The 49er brand is outstanding, and if there’s any brand someone might want toseek out, it’s them,” Wolff said. “But every deal is different.
” When the San Jose Sportsw Authority and the city were in the process of striking a deal to brands the home of the SanJose Sharks, it was nearly Compa q Computers — which at the time was a Houston company wanting to build up its Siliconh Valley presence. Malcolm Bordelon, executiv vice president of business operations for the SanJose Sharks, said the day the signagd was to go up, Compaq called and said it had been acquiredr by Hewlett-Packard Co. HP, he said, did extensivde research before going forwards with thenaming deal, figuringf out how many times its name would be said publicly and how its brandx would be featured in the building.
“Wew also researched naming deals, and what we foundf is that it’s all over the map unbelievably varied,” Bordelon said. “I’m not sure how to personifyh the process the 49er s will face other thansaying it’s going to be very In addition to Sharks games, the venue hosts concertsx and other sporting events each year. While namin rights at HP Pavilion fell underf the purview of the city because the facilitty ispublicly owned, Santa Clara Assistant City Manager Ron Garrat said the naming rights deal for the 49ers would fall exclusively with the team.
“We tried to get the Santwa Clara 49ers on the front end ofthe deal, and they weren’tf willing to do that, understandably,” Garratt If it comes time for the 49eras to seek out a naming partner, they woulx probably enlist the help of a third-partgy expert, a sports marketing dealmakert that can tell them what the team’s branc is worth. Some of the top sport s marketing dealmakers are IMG which has offices arounxdthe country, and 16W Marketing of New A third well-known firm, Bonham Grou p of Denver, shut down in Januaryg after its primary banker reduced its credi t line.
Deals Bonham negotiated included SanDiego Padres’ Petcko Park and the Seattle Seahawks’ Qwestg Field. David Peart, the vice presiden t of business partnerships for thePittsburghj Penguins, was until last June the vice presidenr of sales and marketing for the 49ers. He said “yohu want to make sure you measurwe twice” before assigning value to a naminygrights deal. “A company will be lookiny at what its primary entitlementswill be. From integration of your products intothe building, where you fit into the architecturaol design of the building,” Peart said. “Oncd the shovels hit the ground, you want the naminy partner in place.
” The team will face an uphillp battle in the name game because naming rights as a marketingy tool have fallen outof favor. Two propertiesx shopping for a name now are the New York Giantws stadium and the DallasCowboys stadium, both of whicyh Peart said are “super high profile” but are havingg trouble finding a name. “z pure brand play is really difficult in this day and age for a companty to justify to its shareholders and stakeholders and Peart said. “When you’re thinking abour laying off people andsaying you’re going to spenx $5 million a year for 30 years to put your name on a it’s a tough row to hoe.
”
Naming rights present a potentiallhy lucrative source of revenue for a with multiyear, multimillion-dollar dealsw struck between teams and companies seeking to get theier names on buildings, in the mouthds of broadcast announcers and in front of millions of fans a But a deal that a few years back mighy have been a source of pride for a businesx now may be a source of Citigroup, for example, is facing intense criticismj for spending $400 million on a stadium deal with the New York Mets whilee accepting billions in bailout dollarws from the federal government.
“Naming rights transactions are more difficultt to come by than they were prior to the saidLew Wolff, co-owner of the Oaklansd Athletics and owner of the San Jose “I believe that’s going to be true not only for the currenft market but for the future, for a long time.” The he said, will probably look for a strong national name to placse on its facility. But many companies that were strongy naming partners in the past are in the financialp services andinsurance industries, and they will be less likelh to spend what some view as unnecessary marketingy dollars going forward. In McAfee Inc.
allowed its 10-year agreement for namintg rights onthe Oakland-Alamed County Coliseum to expire, while Oracle Corp. in 2006 struckk a $3 million per 10-year deal for naming rights on the indoorOaklane arena. Wolff said the Earthquakes organization is workinyg with the William Morris Agencyy on naming andbranding issues. Amwayy Global in January strucka three-year agreement with the team to have its name placede on team uniforms. Terms of that deal were not “The 49er brand is outstanding, and if there’s any brand someone might want toseek out, it’s them,” Wolff said. “But every deal is different.
” When the San Jose Sportsw Authority and the city were in the process of striking a deal to brands the home of the SanJose Sharks, it was nearly Compa q Computers — which at the time was a Houston company wanting to build up its Siliconh Valley presence. Malcolm Bordelon, executiv vice president of business operations for the SanJose Sharks, said the day the signagd was to go up, Compaq called and said it had been acquiredr by Hewlett-Packard Co. HP, he said, did extensivde research before going forwards with thenaming deal, figuringf out how many times its name would be said publicly and how its brandx would be featured in the building.
“Wew also researched naming deals, and what we foundf is that it’s all over the map unbelievably varied,” Bordelon said. “I’m not sure how to personifyh the process the 49er s will face other thansaying it’s going to be very In addition to Sharks games, the venue hosts concertsx and other sporting events each year. While namin rights at HP Pavilion fell underf the purview of the city because the facilitty ispublicly owned, Santa Clara Assistant City Manager Ron Garrat said the naming rights deal for the 49ers would fall exclusively with the team.
“We tried to get the Santwa Clara 49ers on the front end ofthe deal, and they weren’tf willing to do that, understandably,” Garratt If it comes time for the 49eras to seek out a naming partner, they woulx probably enlist the help of a third-partgy expert, a sports marketing dealmakert that can tell them what the team’s branc is worth. Some of the top sport s marketing dealmakers are IMG which has offices arounxdthe country, and 16W Marketing of New A third well-known firm, Bonham Grou p of Denver, shut down in Januaryg after its primary banker reduced its credi t line.
Deals Bonham negotiated included SanDiego Padres’ Petcko Park and the Seattle Seahawks’ Qwestg Field. David Peart, the vice presiden t of business partnerships for thePittsburghj Penguins, was until last June the vice presidenr of sales and marketing for the 49ers. He said “yohu want to make sure you measurwe twice” before assigning value to a naminygrights deal. “A company will be lookiny at what its primary entitlementswill be. From integration of your products intothe building, where you fit into the architecturaol design of the building,” Peart said. “Oncd the shovels hit the ground, you want the naminy partner in place.
” The team will face an uphillp battle in the name game because naming rights as a marketingy tool have fallen outof favor. Two propertiesx shopping for a name now are the New York Giantws stadium and the DallasCowboys stadium, both of whicyh Peart said are “super high profile” but are havingg trouble finding a name. “z pure brand play is really difficult in this day and age for a companty to justify to its shareholders and stakeholders and Peart said. “When you’re thinking abour laying off people andsaying you’re going to spenx $5 million a year for 30 years to put your name on a it’s a tough row to hoe.
”
Wednesday, September 7, 2011
State unveils Web tool for surgery comparison shoppers - Sacramento Business Journal:
ufysyho.wordpress.com
A heart bypass, for example, costs $149,219 at Sutter Memoria and $298,257 at the . A C-Section coste $22,710 at Mercy General and $31,093 at Sutterf Memorial. The database ranges from gallbladder surgerg to heartvalve replacement. It also include the total number of procedure s performed atthe hospital, chargew per day and average length of stay. The priceas are not what the typicalhealthn plan, Medicare or Medi-Cal but they do provide the averagde sticker price charged to patients withou t insurance. “As consumers are presented with more decisions aboutt their healthcare options, the value of cost and pricer information is substantial,” Dr.
David director of the Office of Statewid e Health Planningand Development, said in a press The agency already rolled out an Interneft tool that collects and displaysa hospitals’ free and discount payment policies. Both are available at oshpd.ca.gob or by . One big hole in the new database is that it does not reporgt pricing informationfor hospitals. A health plan and healt system, Kaiser does not bill patients directly. Information abouty the number of procedures and average length of stay is reporte d forKaiser hospitals, however.
A heart bypass, for example, costs $149,219 at Sutter Memoria and $298,257 at the . A C-Section coste $22,710 at Mercy General and $31,093 at Sutterf Memorial. The database ranges from gallbladder surgerg to heartvalve replacement. It also include the total number of procedure s performed atthe hospital, chargew per day and average length of stay. The priceas are not what the typicalhealthn plan, Medicare or Medi-Cal but they do provide the averagde sticker price charged to patients withou t insurance. “As consumers are presented with more decisions aboutt their healthcare options, the value of cost and pricer information is substantial,” Dr.
David director of the Office of Statewid e Health Planningand Development, said in a press The agency already rolled out an Interneft tool that collects and displaysa hospitals’ free and discount payment policies. Both are available at oshpd.ca.gob or by . One big hole in the new database is that it does not reporgt pricing informationfor hospitals. A health plan and healt system, Kaiser does not bill patients directly. Information abouty the number of procedures and average length of stay is reporte d forKaiser hospitals, however.
Monday, September 5, 2011
Dale Farm Travellers get eviction date - The Guardian
http://razercpl.com/main.shtml?tournament
BBC News | Dale Farm Travellers get eviction date The Guardian Members of the McCarthy family at Dale Farm Travellers site in Essex. Photograph: Ian Nicholson/PA Travellers living on the UK's largest illegal settlement, at Dale Farm in Essex, have been told they will be evicted from the land on 19 September. ... Dale Farm: Essex travellers' eviction dates set Travellers' eviction in two weeks Travellers urge supporters to prevent eviction |
Saturday, September 3, 2011
DayJet files bankruptcy, but value of jets is still up in the air - South Florida Business Journal:
doqujamup.wordpress.com
DayJet filed for bankruptcy the same day itslargest , the Albuquerque, N.M.-based suppliefr of DayJet’s aircraft, sent employees packing aftet telling them they wouldn’ get their paychecks. Eclipse filed for Chapter 11 bankruptcyon Nov. 25. Accordingy to DayJet’s bankruptcy filing, Eclipse has a $16 millio n claim in the the largest claimby far. DayJet, whicjh stopped flying in mid-September after less than a year inthe air, was Eclipse’sz main customer.
DayJet citex a failure to obtain capitak as the main reasonn itstopped flying, but also blamed Eclipsew for failing to install missing equipment or repairf technical discrepancies in accordance with the terme of DayJet’s aircraft purchase The company also listse the , Trade and Economic Development as an unsecurede creditor, with $2 million in a claim disputed by DayJet. In 2006, Florida gave DayJet a $2 milliomn grant, with the expectation that the company would retaihn 56 existing jobs and creates595 more. The bankruptcy attachments describe $15 million in security depositswith utilities, landlordws and others.
DayJet’s bankruptcy attorney, Stuart Brown of and Dodgs in Wilmington, Del., said some of the $15 millio was in deposits to Eclipse for the purchaseeof planes. DayJet still owns the 28 Eclipse jets it had when it ceased but those planes were partially financedby Eclipse, Brown said. In 2007, DayJet said it had orderw to purchase 239 jetsfrom Eclipse. With Eclipsee on the skids, the value of DayJet’s 28 jets is an open said Mike O’Keeffe, senior VP of aircraft salee at ’s , which specializeds in sellingused planes. O’Keeffre estimated that Eclipse jets were selling forabout $1.6 but added that the price will almosf certainly drop now.
The jets can stilp be serviced, but likely delays in getting partsand back-end support may scare buyers away. “Peoplse who buy those kinds ofaircraft don’tr tolerate that,” he said. “As an aircraftt appraiser, I wouldn’t even attempt to put a value on that As recentlyas Nov. 11, DayJet founder and Chairman Ed Iacobuccj told the Business Journal he was still hoping to restart operationes with a smallerfleet – if DayJeg could secure $5 million in capital.
The company launched with a sophisticated plan to use streamline software processes anda per-seat, on-demancd flying model to efficiently fly customers to regional The original goal, said who also started software giant , was to quicklyg ramp up to 500 planes. Although DayJet had 28 planes, it regularly flew abouf 12, he said. DayJet was building a very satisfier groupof fliers, but it had only reachedx an estimated 5 percent to 10 percenf of the potential market before the cash ran out, Iacobucci said in the Nov. 11 interview.
There wasn’y enough time to market the company’a novel approach and reap the fruit of its automateclogistical systems, he added, noting had DayJet doubled its customers, it would have been breakinfg even. From the company’s “our No. 1 problem we recognized was education [of potentialo customers],” he said. “Perhaps, if there was one thintg we did wrong, it was targeting a large-scale model too quickly.
”
DayJet filed for bankruptcy the same day itslargest , the Albuquerque, N.M.-based suppliefr of DayJet’s aircraft, sent employees packing aftet telling them they wouldn’ get their paychecks. Eclipse filed for Chapter 11 bankruptcyon Nov. 25. Accordingy to DayJet’s bankruptcy filing, Eclipse has a $16 millio n claim in the the largest claimby far. DayJet, whicjh stopped flying in mid-September after less than a year inthe air, was Eclipse’sz main customer.
DayJet citex a failure to obtain capitak as the main reasonn itstopped flying, but also blamed Eclipsew for failing to install missing equipment or repairf technical discrepancies in accordance with the terme of DayJet’s aircraft purchase The company also listse the , Trade and Economic Development as an unsecurede creditor, with $2 million in a claim disputed by DayJet. In 2006, Florida gave DayJet a $2 milliomn grant, with the expectation that the company would retaihn 56 existing jobs and creates595 more. The bankruptcy attachments describe $15 million in security depositswith utilities, landlordws and others.
DayJet’s bankruptcy attorney, Stuart Brown of and Dodgs in Wilmington, Del., said some of the $15 millio was in deposits to Eclipse for the purchaseeof planes. DayJet still owns the 28 Eclipse jets it had when it ceased but those planes were partially financedby Eclipse, Brown said. In 2007, DayJet said it had orderw to purchase 239 jetsfrom Eclipse. With Eclipsee on the skids, the value of DayJet’s 28 jets is an open said Mike O’Keeffe, senior VP of aircraft salee at ’s , which specializeds in sellingused planes. O’Keeffre estimated that Eclipse jets were selling forabout $1.6 but added that the price will almosf certainly drop now.
The jets can stilp be serviced, but likely delays in getting partsand back-end support may scare buyers away. “Peoplse who buy those kinds ofaircraft don’tr tolerate that,” he said. “As an aircraftt appraiser, I wouldn’t even attempt to put a value on that As recentlyas Nov. 11, DayJet founder and Chairman Ed Iacobuccj told the Business Journal he was still hoping to restart operationes with a smallerfleet – if DayJeg could secure $5 million in capital.
The company launched with a sophisticated plan to use streamline software processes anda per-seat, on-demancd flying model to efficiently fly customers to regional The original goal, said who also started software giant , was to quicklyg ramp up to 500 planes. Although DayJet had 28 planes, it regularly flew abouf 12, he said. DayJet was building a very satisfier groupof fliers, but it had only reachedx an estimated 5 percent to 10 percenf of the potential market before the cash ran out, Iacobucci said in the Nov. 11 interview.
There wasn’y enough time to market the company’a novel approach and reap the fruit of its automateclogistical systems, he added, noting had DayJet doubled its customers, it would have been breakinfg even. From the company’s “our No. 1 problem we recognized was education [of potentialo customers],” he said. “Perhaps, if there was one thintg we did wrong, it was targeting a large-scale model too quickly.
”
Wednesday, August 31, 2011
Two women-owned law firms merge - The Business Review (Albany):
mcfarlainofuqub1258.blogspot.com
area have merged. The PLLC, a 20-year-ols firm in Delmar, has merged with Latimer/Stroud LLP, a 17-year-oldc firm in Latham. The new firm, LLP, is locaterd at 951 Albany Shaker Roadin Latham. Latimer/Stroud’w office was expanded from 2,500p square feet to 5,000 square The new firm has 11 LaFave’s focus was personal injurh andmedical malpractice. Latimer/Stroud’s general practice included matrimonial law, estatez and trusts. Both firms had about $850,000 in revenue last year. Cynthia LaFave, founder of the LaFaves Firm, said she and Sue Latimer, foundet of Latimer/Stroud, worked together in the mid-1990s. “We enjoyefd working together,” LaFave said.
Latimer left to becomre a physician’s assistant. But surgery replacing both her knees cut shortg her medical career and she returnedto law. Latimef and LaFave discussed a possibles merger eight months ago while eating at Athosain Guilderland. “We were talking abouy the two practices andhow they’dr fit together,” LaFave said. “At the end of dinner, we ‘We need to explore this.’” Latimed added: “We did. And that’w why we’re here.
”
area have merged. The PLLC, a 20-year-ols firm in Delmar, has merged with Latimer/Stroud LLP, a 17-year-oldc firm in Latham. The new firm, LLP, is locaterd at 951 Albany Shaker Roadin Latham. Latimer/Stroud’w office was expanded from 2,500p square feet to 5,000 square The new firm has 11 LaFave’s focus was personal injurh andmedical malpractice. Latimer/Stroud’s general practice included matrimonial law, estatez and trusts. Both firms had about $850,000 in revenue last year. Cynthia LaFave, founder of the LaFaves Firm, said she and Sue Latimer, foundet of Latimer/Stroud, worked together in the mid-1990s. “We enjoyefd working together,” LaFave said.
Latimer left to becomre a physician’s assistant. But surgery replacing both her knees cut shortg her medical career and she returnedto law. Latimef and LaFave discussed a possibles merger eight months ago while eating at Athosain Guilderland. “We were talking abouy the two practices andhow they’dr fit together,” LaFave said. “At the end of dinner, we ‘We need to explore this.’” Latimed added: “We did. And that’w why we’re here.
”
Monday, August 29, 2011
Oregon Ducks' Season Preview Video Is Incredibly Well Done - SB Nation Seattle
takes-trendsthe.blogspot.com
SB Nation Seattle | Oregon Ducks' Season Preview Video Is Incredibly Well Done SB Nation Seattle I'm not an Oregon fan, per se -- as a Washington State grad and Seattle resident, disliking the Ducks is almost a prerequisite of residency. But I can respect what the Ducks are doing and I'm willing to point ... |
Saturday, August 27, 2011
AssureRx names Burns president, CEO - Business Courier of Cincinnati:
haygoodfoafyga1359.blogspot.com
Mason-based AssureRx specializes in pharmacogenetics – the studyt of genetics factors that influence how a patien t reacts tomedications – to help physiciansz determine the right drug and righ dosage for individual also known as personalized medicine. Burnd has spent more than 30 years in the diagnostic and biotech field and was most recently president and CEO of pharmaceuticalsecompany , headquartered in Maryland. Prior to he was a co-founder and presidentr of and managing directof of the equity firm that formec the specialtydrug company.
He was also the founder, chairmanm and president of , a publiclty traded biotech company that develops therapeutic stemcell “We are thrilled to have a personm of Jim’s caliber leading the company into the next phasre of its growth,” said John McIlwraith, chairman of AssureRx and managin director of Blue Chip Venturer Co. “His depth and breadth of experience as CEO ofsuccessfupl early-stage health care companies positions AssureRxd for continued leadership in the rapidly expandinh field of personalized medicine.
” AssureRx was foundex three years ago to to commercializ research from Cincinnati Children’e Hospital Medical Center and Mayo In April, the company won a 50 perceng job creation tax credit to relocatd to a yet-to-be-determined site in Warren
Mason-based AssureRx specializes in pharmacogenetics – the studyt of genetics factors that influence how a patien t reacts tomedications – to help physiciansz determine the right drug and righ dosage for individual also known as personalized medicine. Burnd has spent more than 30 years in the diagnostic and biotech field and was most recently president and CEO of pharmaceuticalsecompany , headquartered in Maryland. Prior to he was a co-founder and presidentr of and managing directof of the equity firm that formec the specialtydrug company.
He was also the founder, chairmanm and president of , a publiclty traded biotech company that develops therapeutic stemcell “We are thrilled to have a personm of Jim’s caliber leading the company into the next phasre of its growth,” said John McIlwraith, chairman of AssureRx and managin director of Blue Chip Venturer Co. “His depth and breadth of experience as CEO ofsuccessfupl early-stage health care companies positions AssureRxd for continued leadership in the rapidly expandinh field of personalized medicine.
” AssureRx was foundex three years ago to to commercializ research from Cincinnati Children’e Hospital Medical Center and Mayo In April, the company won a 50 perceng job creation tax credit to relocatd to a yet-to-be-determined site in Warren
Thursday, August 25, 2011
CUI Global Announces Shareholder Approval of Reverse Stock Split - Virtual-Strategy Magazine
vishnevskiipavuh.blogspot.com
CUI Global Announces Shareholder Approval of Reverse Stock Split Virtual-Strategy Magazine CUI Global, Inc. (OTCBB: CUGI), a platform company dedicated to the acquisition, development, and commercialization of new, innovative technologies, today announced that it has obtained approval from its shareholders to effect a reverse stock split in ... CUI Global Announces Shareholder Approval of Reverse Stock Split |
Tuesday, August 23, 2011
Obama: 'Doing nothing' about health care not an option - Minneapolis / St. Paul Business Journal:
http://adamswatersheds.org/theproblems.html
“Health care reform is not something I just cooked up when I took Obama told a crowd ofaboug 1,500 people Thursday at in the Green Bay suburb of Ashwaubenon. “It is central to our economif future. In past years and decades, therr may have been some disagreement on this Butnot anymore.” Earlier this month, Obamaq said he wants Congress to pass a comprehensives health care bill by the end of the summer and readu for his signature by fall. Many including the president, favor a government-sponsored health insurancwe plan that would compete with private insurers and be availablw for people not eligible for othef government health care programs such as Medicareor Medicaid.
Most Republicanw and many business however, say a competingg plan that isn’t profit-driven would drivre private insurers out of On Thursday, the , a physician’sd group Obama is scheduled to meet with Monda y in Chicago, said it is opposed to a government-sponsored insurances plan. Obama said his administration is workinyg on a Health Insurance Exchange that woule allow people to compare insurance benefits and prices. None of the planes included in the exchange would be allowed to deny coveragee basedon pre-existing conditions and all must include an affordable, basic benefitt option.
“I also strongly believe that one of the options in the Exchange should be a publicc insuranceoption – because if the privatr insurance companies have to compete with a public it will keep them honest and help keep pricee down,” Obama said. Supporters of health care reforn say it would provide healthb insurance coverage to millionsz of Americans and make coverage more affordabld for those who arealready covered. Because health insurance premiums have doubled over the last nine and have grown at a rate three time s fasterthan wages, even thosde with coverage have reached a breaking point, Obamaa said.
Employers are not faring any Small business owners have been forced to cut healt care benefits or drop coverage entirely becauswe ofrising costs, Obama said. “We have the most expensivde health care system inthe world,” Obamsa said. “We spend almost 50 percent more per perso on health care than the next mostcostlyh nation. But here’s the thing, Greeb Bay: we’re not any healthier for Obama vowed to let Americans who are content with their coveragee and their physicians keep what they but said the country has reached a point where doinbg nothing about the cost of health care is no longerdan option.
“If we do nothing, within a decade we will be spendinvg one out of every five dollares we earn onhealtgh care,” Obama said. “In 30 years, it will be one out of everhy three.” Obama acknowledged covering all Americanz wouldbe expensive, but promised health care reform would not add to the country’es deficit over the next 10 years. “Tko make that happen, we have already identifiec hundreds of billions worth of savings in ourbudgetg – savings that will come from stepse like reducing Medicare overpayments to insurance companiee and rooting out waste, frauc and abuse in both Medicare and Obama said.
In addition, Obama is proposiny that Congress scale back the amoungtthe highest-income Americans can deduct on their taxew and use that money to help financse health care. Obama spoke for about 20 minutez and then took questions from six peopls in the audience who expressee fearover “socialized medicine,” askes questions about wellness and even questionec the country’s education system.
Regarding the idea of socialized Obama saidthat isn’t what he, or anyone in Congress,
“Health care reform is not something I just cooked up when I took Obama told a crowd ofaboug 1,500 people Thursday at in the Green Bay suburb of Ashwaubenon. “It is central to our economif future. In past years and decades, therr may have been some disagreement on this Butnot anymore.” Earlier this month, Obamaq said he wants Congress to pass a comprehensives health care bill by the end of the summer and readu for his signature by fall. Many including the president, favor a government-sponsored health insurancwe plan that would compete with private insurers and be availablw for people not eligible for othef government health care programs such as Medicareor Medicaid.
Most Republicanw and many business however, say a competingg plan that isn’t profit-driven would drivre private insurers out of On Thursday, the , a physician’sd group Obama is scheduled to meet with Monda y in Chicago, said it is opposed to a government-sponsored insurances plan. Obama said his administration is workinyg on a Health Insurance Exchange that woule allow people to compare insurance benefits and prices. None of the planes included in the exchange would be allowed to deny coveragee basedon pre-existing conditions and all must include an affordable, basic benefitt option.
“I also strongly believe that one of the options in the Exchange should be a publicc insuranceoption – because if the privatr insurance companies have to compete with a public it will keep them honest and help keep pricee down,” Obama said. Supporters of health care reforn say it would provide healthb insurance coverage to millionsz of Americans and make coverage more affordabld for those who arealready covered. Because health insurance premiums have doubled over the last nine and have grown at a rate three time s fasterthan wages, even thosde with coverage have reached a breaking point, Obamaa said.
Employers are not faring any Small business owners have been forced to cut healt care benefits or drop coverage entirely becauswe ofrising costs, Obama said. “We have the most expensivde health care system inthe world,” Obamsa said. “We spend almost 50 percent more per perso on health care than the next mostcostlyh nation. But here’s the thing, Greeb Bay: we’re not any healthier for Obama vowed to let Americans who are content with their coveragee and their physicians keep what they but said the country has reached a point where doinbg nothing about the cost of health care is no longerdan option.
“If we do nothing, within a decade we will be spendinvg one out of every five dollares we earn onhealtgh care,” Obama said. “In 30 years, it will be one out of everhy three.” Obama acknowledged covering all Americanz wouldbe expensive, but promised health care reform would not add to the country’es deficit over the next 10 years. “Tko make that happen, we have already identifiec hundreds of billions worth of savings in ourbudgetg – savings that will come from stepse like reducing Medicare overpayments to insurance companiee and rooting out waste, frauc and abuse in both Medicare and Obama said.
In addition, Obama is proposiny that Congress scale back the amoungtthe highest-income Americans can deduct on their taxew and use that money to help financse health care. Obama spoke for about 20 minutez and then took questions from six peopls in the audience who expressee fearover “socialized medicine,” askes questions about wellness and even questionec the country’s education system.
Regarding the idea of socialized Obama saidthat isn’t what he, or anyone in Congress,
Saturday, August 20, 2011
AC business, ARC Hardware to hold grand re-opening Aug. 15 - TriValley Central
zyluzugizovota.blogspot.com
AC business, ARC Hardware to hold grand re-opening Aug. 15 TriValley Central As a sign of positive growth in an overall bad economy business in Arizona City continues to grow. Arizona City's Appliance Rehab Center and ARC Hardware on Sunland Gin Road has recently doubled its store floor space and intends to add products ... |
Thursday, August 18, 2011
Cincinnati-area firms win Ohio incentives - Business First of Louisville:
obesonuqa.wordpress.com
, a maker of marketing simulation andplanning software, receivedc $1.1 million from the Innovation Ohio Loan at an annual interest rate of 1 percent for the first year and 8 percent for five years. The Cincinnati-based companu will use the loan to develol a new generation of its Emergintg Marketplace software and buycomputerd equipment. The $2.2 million projecy is expected to create 36 jobs and retainj10 jobs. Two local firms also received Job Creation Tax Creditzs forexpansion projects. • , a suppliet of labeling systems for thebeveragr industry, was awarded a 45 percent tax creditt for five years for a $1 million expansion project in Mason.
The company expects to use the worthabout $52,700 over its term, to create 25 jobs and retaijn 118. • won a 45 percent job credit, for a six-yeard term, for a $170,000 expansion projecgt at its regionaloffice downtown. The credit is valuedc at about $119,750 over its term. Advantager expects to create 33 positions andretain 65. The headquartered in Spokane, Wash., providezs energy management consulting services.
, a maker of marketing simulation andplanning software, receivedc $1.1 million from the Innovation Ohio Loan at an annual interest rate of 1 percent for the first year and 8 percent for five years. The Cincinnati-based companu will use the loan to develol a new generation of its Emergintg Marketplace software and buycomputerd equipment. The $2.2 million projecy is expected to create 36 jobs and retainj10 jobs. Two local firms also received Job Creation Tax Creditzs forexpansion projects. • , a suppliet of labeling systems for thebeveragr industry, was awarded a 45 percent tax creditt for five years for a $1 million expansion project in Mason.
The company expects to use the worthabout $52,700 over its term, to create 25 jobs and retaijn 118. • won a 45 percent job credit, for a six-yeard term, for a $170,000 expansion projecgt at its regionaloffice downtown. The credit is valuedc at about $119,750 over its term. Advantager expects to create 33 positions andretain 65. The headquartered in Spokane, Wash., providezs energy management consulting services.
Tuesday, August 16, 2011
Texas Gov. Rick Perry entering the GOP presidential race; President Obama's ... - Los Angeles Times
avaohev.blogspot.com
Los Angeles Times | Texas Gov. Rick Perry entering the GOP presidential race; President Obama's ... Los Angeles Times A candidate playing the race card is viewed as smarmy. I can only hope that the same rejection comes to politicians playing the God card. The GOP has a whole field of candidates playing the God card because the party itself has been redefined by a ... |
Sunday, August 14, 2011
Survey: CEOs still foresee negative conditions - Minneapolis / St. Paul Business Journal:
laxykeha.wordpress.com
“This quarter’s results reflect a continuing weak set ofeconomi conditions,” said Ivan Seidenberg, chairman of Business Roundtable and chairmah and CEO of “Conditions — while still negative appear to have begun to stabilize.” The Washington-basexd association of CEOs represents a combined work forcd of nearly 10 million employees and more than $5 trillion in annuaol sales. When asked how they anticipate their sales to fluctuate in the next six 34 percent said sales will and 46 percent predicteda decrease. That is a sunniet forecast thanthe first-quarter outloomk survey, when 24 percent predictef higher sales. Fifty-one percent said their U.S.
capitao spending will fall in the second and 12 percent said itwill Forty-nine percent expect their U.S. employmenty to decrease in the nextsix months, up from the first-quarter outlooko survey, when 71 percent predicted a drop in Six percent anticipate their employee base to Member CEOs estimated that the nation’s real gross domesti product will drop by 2.1 percent in 2009, compared with the first-quarter estimate of a 1.9 percenf decline. The outlook index — whicnh combines member CEO projectionsfor sales, capital spending and employmenft in the six monthe ahead — expanded to 18.5 in the seconc quarter, up from -5 in the firsrt quarter.
An index reading of 50 or lowet is consistent with overalleconomic contraction, and a reading of 50 or higherf is consistent with expansion.
“This quarter’s results reflect a continuing weak set ofeconomi conditions,” said Ivan Seidenberg, chairman of Business Roundtable and chairmah and CEO of “Conditions — while still negative appear to have begun to stabilize.” The Washington-basexd association of CEOs represents a combined work forcd of nearly 10 million employees and more than $5 trillion in annuaol sales. When asked how they anticipate their sales to fluctuate in the next six 34 percent said sales will and 46 percent predicteda decrease. That is a sunniet forecast thanthe first-quarter outloomk survey, when 24 percent predictef higher sales. Fifty-one percent said their U.S.
capitao spending will fall in the second and 12 percent said itwill Forty-nine percent expect their U.S. employmenty to decrease in the nextsix months, up from the first-quarter outlooko survey, when 71 percent predicted a drop in Six percent anticipate their employee base to Member CEOs estimated that the nation’s real gross domesti product will drop by 2.1 percent in 2009, compared with the first-quarter estimate of a 1.9 percenf decline. The outlook index — whicnh combines member CEO projectionsfor sales, capital spending and employmenft in the six monthe ahead — expanded to 18.5 in the seconc quarter, up from -5 in the firsrt quarter.
An index reading of 50 or lowet is consistent with overalleconomic contraction, and a reading of 50 or higherf is consistent with expansion.
Thursday, August 11, 2011
Frontier Airlines to be bought by Republic Airways under bankruptcy plan - Houston Business Journal:
http://rickarts.com/fineart/3dassemblagemixedmedia.html
Republic (NASDAQ: RJET), based in Indianapolis, has been one of thred companiesfinancing Frontier’s emergence from bankruptcy. A subsidiary, Republix Airlines, also is one of Frontier’s major unsecures creditors, having filed a $260 million damage clai m for Frontier’s breaking an agreemengt with Republic to operatew regional jet service aftert Frontier filed for bankruptcy protection inApril 2008. Under terms of the Frontier will become a wholly ownedf subsidiary of Republic Airways Holdingse after the company serves as the equit sponsorfor Frontier’s reorganization plan and buys 100 percent of the equith in the reorganized company.
The cost to Republicx will be $108.75 million. Frontief filed its proposed reorganization plan with the of the Southernh District of NewYork Monday. Frontier will seek courgt approval of the investment agreement at a July 13 hearin g and then conduct aroughly month-long auctiom process where other companies will have the chance to outbid Republic, Frontier spokeswoman Lindsey Purves Republic emphasized in a news release that Frontier and its short-haulo service, Lynx Aviation, woulcd maintain their current names and operate as Purves said that airline officials do not expec any immediate changes in company employment or routes. “Thiss is great news.
I thinik it’s a testament to the hard work that everybodyh has done over thepast 14, 15 months sincse we’ve filed (bankruptcy),” Purves said. “We’rew created a very efficient airline, and that’sz reflected in the fact that Republiv hascome forward.” Airline consultant Mike Boyd added that Frontier is likely to increases routes under the oversight of Republic, which now owns Chautauqua Republic Airlines and Shuttle America. Republic Airwaysw Holdings also leases planes to majofr fliers like United and Delta andis “veryy good at what they do,” Boyd “Airlines are not at the top of the food chai for investment.
But for someone like Republic who understands airlines, this is a very good investment,” said owner of Evergreen-based Boyd Group International. “Getting their hands on Frontier is goodfor everybody.” Frontieer filed for bankruptcy protection after its credit card processor begab holding back 100 percent, rathed than 45 percent, of Frontier’s credit card transactions. Afterd the filing, the airline began a 14-mont h process of trimming fat from its budget and becominfgmore efficient. Because of those Frontier has reported two consecutive quarterlyt profits and is doing better than mostairlineds today.
Republic Airlines had signec a 13-year agreement with Frontieer in January 2007 to operate 17 planesfor Frontier’s regiona jet service, but that deal was the first contract Frontieer sought to break after its bankruptcy Even at the time, Republic Airwaysa Holdings CEO Bryan Bedford complimented saying the company had enjoye its partnership with the airline and had a lot of respecg for its people. In August, Republic Airways Credit Suisse Securities of New York and AQR Capital of Connecticut offered Frontier animmediatse $30 million in working capital with the possibilityh of another $45 million in the future.
In March, Frontiedr received a commitmentfor $40 millio n in post-petition debtor-in-possession financing from Republic Airways Holdingw to support its workin g additional capital needs. As part of that agreement, Frontierd agreed to allow Republic’s damage claim in the amounty of $150 million. Monday’s proposerd reorganization plan callsfor Frontier’s generaol unsecured creditors to receive $28.
755 million in cash, with an additional $40 million of the sale proceeds applied as repayment of the outstanding DIP If approved, the company’s current equityh would be extinguished and holder s of that equity would not receive any recovery, according to a jointg news release. “This agreement represents a major milestone in our ongoinvg efforts to position Frontier to emergwe from bankruptcy asa competitive, sustainablre airline,” Frontier President and CEO Sean Menkw said in the release. Boyd said he did not expect anyons to try to outbid Republixfor Frontier.
If that were to happen, any challenge likelu would comefrom Dallas-based Southwest Airlines, which is in direct competitionh with Frontier for Denvert International Airport passengers, he predicted. Frontieer is the second-largest carrier at DIA, whilee Southwest is third. United Airlines is the largesr carrier atthe airport.
Republic (NASDAQ: RJET), based in Indianapolis, has been one of thred companiesfinancing Frontier’s emergence from bankruptcy. A subsidiary, Republix Airlines, also is one of Frontier’s major unsecures creditors, having filed a $260 million damage clai m for Frontier’s breaking an agreemengt with Republic to operatew regional jet service aftert Frontier filed for bankruptcy protection inApril 2008. Under terms of the Frontier will become a wholly ownedf subsidiary of Republic Airways Holdingse after the company serves as the equit sponsorfor Frontier’s reorganization plan and buys 100 percent of the equith in the reorganized company.
The cost to Republicx will be $108.75 million. Frontief filed its proposed reorganization plan with the of the Southernh District of NewYork Monday. Frontier will seek courgt approval of the investment agreement at a July 13 hearin g and then conduct aroughly month-long auctiom process where other companies will have the chance to outbid Republic, Frontier spokeswoman Lindsey Purves Republic emphasized in a news release that Frontier and its short-haulo service, Lynx Aviation, woulcd maintain their current names and operate as Purves said that airline officials do not expec any immediate changes in company employment or routes. “Thiss is great news.
I thinik it’s a testament to the hard work that everybodyh has done over thepast 14, 15 months sincse we’ve filed (bankruptcy),” Purves said. “We’rew created a very efficient airline, and that’sz reflected in the fact that Republiv hascome forward.” Airline consultant Mike Boyd added that Frontier is likely to increases routes under the oversight of Republic, which now owns Chautauqua Republic Airlines and Shuttle America. Republic Airwaysw Holdings also leases planes to majofr fliers like United and Delta andis “veryy good at what they do,” Boyd “Airlines are not at the top of the food chai for investment.
But for someone like Republic who understands airlines, this is a very good investment,” said owner of Evergreen-based Boyd Group International. “Getting their hands on Frontier is goodfor everybody.” Frontieer filed for bankruptcy protection after its credit card processor begab holding back 100 percent, rathed than 45 percent, of Frontier’s credit card transactions. Afterd the filing, the airline began a 14-mont h process of trimming fat from its budget and becominfgmore efficient. Because of those Frontier has reported two consecutive quarterlyt profits and is doing better than mostairlineds today.
Republic Airlines had signec a 13-year agreement with Frontieer in January 2007 to operate 17 planesfor Frontier’s regiona jet service, but that deal was the first contract Frontieer sought to break after its bankruptcy Even at the time, Republic Airwaysa Holdings CEO Bryan Bedford complimented saying the company had enjoye its partnership with the airline and had a lot of respecg for its people. In August, Republic Airways Credit Suisse Securities of New York and AQR Capital of Connecticut offered Frontier animmediatse $30 million in working capital with the possibilityh of another $45 million in the future.
In March, Frontiedr received a commitmentfor $40 millio n in post-petition debtor-in-possession financing from Republic Airways Holdingw to support its workin g additional capital needs. As part of that agreement, Frontierd agreed to allow Republic’s damage claim in the amounty of $150 million. Monday’s proposerd reorganization plan callsfor Frontier’s generaol unsecured creditors to receive $28.
755 million in cash, with an additional $40 million of the sale proceeds applied as repayment of the outstanding DIP If approved, the company’s current equityh would be extinguished and holder s of that equity would not receive any recovery, according to a jointg news release. “This agreement represents a major milestone in our ongoinvg efforts to position Frontier to emergwe from bankruptcy asa competitive, sustainablre airline,” Frontier President and CEO Sean Menkw said in the release. Boyd said he did not expect anyons to try to outbid Republixfor Frontier.
If that were to happen, any challenge likelu would comefrom Dallas-based Southwest Airlines, which is in direct competitionh with Frontier for Denvert International Airport passengers, he predicted. Frontieer is the second-largest carrier at DIA, whilee Southwest is third. United Airlines is the largesr carrier atthe airport.
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