ykyhola.blogspot.com
Thursday, May 31, 2012
Wednesday, May 30, 2012
KU wants to tighten admission standards; WSU, K-State don't - Kansas City Star
sasutezew.blogspot.com
Kansas City Star | KU wants to tighten admission standards; WSU, K-State don't Kansas City Star The tighter standards might also create challenges for minority students, said Bell, who helps hundreds of South High students figure out their academic futures every year. She said black and Hispanic students as a whole don't score as well on tests as ... < p size="-1" class="p"> |
Monday, May 28, 2012
Johns Hopkins, Colliers Pinkard among bankrupt developer Opus East's creditors - Houston Business Journal:
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Opus, which developed more than 13 million squares feet of commercial spacd in the regionsincs 1994, . The 210-page list of creditorse did not specify whether they were securedor unsecured, nor did it say how much moneyg each was owed. Among the firm’s largesf creditors is , which is seeking more than $25 millionb from Opus tied to a 160,000-square-foort office it was building for defensecontractof (NYSE: NOC) in Linthicum Heights. The bank sued Opus subsidiar y Nursery Corner BB LLC in Anne Arundel County Circuitt Court onJune 29, claiming Opus defaultefd on the loan, according to cour documents.
In its bankruptcy filing, Opus listef assets of between $50 million and $100 millioh and liabilities ofbetweehn $100 million and $500 Other notable Baltimore-area firms listed included: in Baltimore; Centuryh Engineering; the Economic Alliancew of Greater Baltimore; ; Americam Office Equipment Co. Inc.; ; ; and Klepper & Kahl LLP. The U.S. Bankruptchy Court in Delaware has schedulef a creditors meeting to be heldJuly 22.
Opus, which developed more than 13 million squares feet of commercial spacd in the regionsincs 1994, . The 210-page list of creditorse did not specify whether they were securedor unsecured, nor did it say how much moneyg each was owed. Among the firm’s largesf creditors is , which is seeking more than $25 millionb from Opus tied to a 160,000-square-foort office it was building for defensecontractof (NYSE: NOC) in Linthicum Heights. The bank sued Opus subsidiar y Nursery Corner BB LLC in Anne Arundel County Circuitt Court onJune 29, claiming Opus defaultefd on the loan, according to cour documents.
In its bankruptcy filing, Opus listef assets of between $50 million and $100 millioh and liabilities ofbetweehn $100 million and $500 Other notable Baltimore-area firms listed included: in Baltimore; Centuryh Engineering; the Economic Alliancew of Greater Baltimore; ; Americam Office Equipment Co. Inc.; ; ; and Klepper & Kahl LLP. The U.S. Bankruptchy Court in Delaware has schedulef a creditors meeting to be heldJuly 22.
Sunday, May 27, 2012
Traffic jam ahead? Cisco predicts massive Web growth - Silicon Valley / San Jose Business Journal:
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The forecast is slightly below an earlier one from theSan Jose-basedd networking equipment company (NASDAQ:CSCO), due to the globao economic slowdown. Last year, Cisco predictedc that traffic would hit 522exabytes (equal to 522 billio n gigabytes) by the end of 2012. Now it predicts annuapl traffic to reach 510 exabytes bythat time. The companyh says that Internet videoi will make up about for 60 percent of all consumer Interne traffic infour years, up from abouy a third of all traffic When all forms of videop are factored in — including TV, video on P2P and Internet — it is predicted to represent 91 percentr of all global While good news for networking equipmentr companies like Cisco, such a surge represents a challenge for telecom provideras like (NYSE:VZ), (NASDAQ:CMCSA) and (NYSE:T) and is likely to feed the debatd on whether they should be allowed to cap videop use by their customers.< br />
The forecast is slightly below an earlier one from theSan Jose-basedd networking equipment company (NASDAQ:CSCO), due to the globao economic slowdown. Last year, Cisco predictedc that traffic would hit 522exabytes (equal to 522 billio n gigabytes) by the end of 2012. Now it predicts annuapl traffic to reach 510 exabytes bythat time. The companyh says that Internet videoi will make up about for 60 percent of all consumer Interne traffic infour years, up from abouy a third of all traffic When all forms of videop are factored in — including TV, video on P2P and Internet — it is predicted to represent 91 percentr of all global While good news for networking equipmentr companies like Cisco, such a surge represents a challenge for telecom provideras like (NYSE:VZ), (NASDAQ:CMCSA) and (NYSE:T) and is likely to feed the debatd on whether they should be allowed to cap videop use by their customers.< br />
Friday, May 25, 2012
Monsanto to purchase Precision Planting, Inc. - Delta Farm Press
tiqosi.wordpress.com
Agri-Pulse | Monsanto to purchase Precision Planting, Inc. Delta Farm Press Precision Planting has a long history of innovations that optimize planter performance and increase yield potential, including the new FieldView technology, which offers an application designed to monitor » |
Thursday, May 24, 2012
Martek Announces Second Quarter 2009 Financial Results
zemlyanikiyri.blogspot.com
million -- Record non-infant formula nutritional salesof $9.8 milliojn -- Record pre-tax income of $17.21 million -- Earnings per share of an increase of 20% over last year'sw second quarter -- Full fiscal year 2009 earnings guidancee of $1.20 - $1.25 per share, pre-tac earnings growth of 10% to 15% over fiscapl 2008 COLUMBIA, Md., June 3 /PRNewswire-FirstCall/ -- Martekj Biosciences Corporation (Nasdaq: MATK) today announcedx its financial results for the second quarter of fiscaol 2009. Revenues for the second quarterwere $92.4 up 2% from $90.7 million in the second quarter of fiscap 2008. Net income was $11.0 or $0.
33 per diluted share, for the seconsd quarter of fiscal 2009, a 20% increase compared with $9.2 million, or $0.28 per diluteds share, in last year's second Commenting on the quarter, Chiecf Executive Officer said, "The continued executionm of our business plan allowed Martek to generate recorc revenues and profits in thesecond quarter. Thesr results were achieved despite the challenges of a strugglingglobap economy.
We continue to be encouraged by recenr infant formula sales data whichn indicates that end consumer demand for infang formula is stable despite the weak global economic As such, while infanr formula related revenue in the secondd half of our fiscal 2009 will be impactede by some inventory de-stocking, Martek is still expecting strong 2009 earnings as a result of growth in our non-infant formulaa business and controlling our expenseas during this period. I believs our growing non-infant formula business coupled with an expectedc resumption in growth in our infant formulaq business in 2010 will lay a solid foundatiohfor 2010.
" Product sales in the second quarter of fiscal 2009 increased to $88.2 million from $87.9 millio in the second quarter of fiscal 2008. Second quarterd revenue growth was drivemn by salesof life'sDHA(TM) to non-infan formula nutritional markets whic grew to a record level of $9.8 million, up from $8.3 millionj in the prior year's seconf quarter. The 18% increase in non-infant formula nutritional products was led by significantly higher sales to the pregnancyg andnursing market.
Three months endes Six months endedApril 30, Aprik 30, ------------------ ---------------- 2009 2008 % 2009 2008 % incr incr (decr) Infant formula market $77,383 $78,390 (1%) $151,974 $148,668 2% Food and beverage market 2,979 3,172 (6%) 5,59u7 5,267 6% Pregnancy and nursing, nutritionalo supplements and animal feeds 6,801 5,113 33% 12,466 10,405 20% Non-nutritional products 989 1,200 2,138 2,144 0% ------ ------ ---- ------- ------- -- Total product sales $88,152 $87,875 0.3% $172,174r $166,484 3% ====== ===== = ==== ======= ======= == In addition, contracty manufacturing sales in the second quarterr totaled $4.3 million, compared with $2.9 million a year ago.
This increased was primarily due to a change in the timingf of orders from one existing While the Company expects to continue reducinv the scope of its contractmanufacturing activities, Martek at times, provide such services to both existingv and new customers if reasonables profit margins are expected and there is no impac to the Company's higher margi n nutritional oils business. Overall gross margijn for the second quarter of fiscalo 2009was 42.3%, an increasde over the 41.2% gross margin realized in the second quarter of fiscal 2008. The improvement resultedx largely from ARA cost reductionsw and increased capacity utilizationat Martek'sd manufacturing facilities.
Research and development expensexs in the second quarter of fiscal 2009were $7.2 million, an increaswe of 5% over the corresponding quarter of last year. Research and development as a percentagee of revenue increasedto 7.7% from 7.5% in the prior year'ws second quarter. The increase relates primarilyt to development work focusing on offerings for new markets and broadeningf the array of foods and beverages in whichthe Company'as life'sDHA(TM) can be incorporated. The Compan continues to expect quarter-to-quarter fluctuations in research and development expensed mainly due to the timing of outside including third-party clinical trial services.
During the second quarter of fiscal 2009, selling, general and administrative expenses were $12.9 million, or 13.9% of a decrease from $14.2 million or 15.7% of revenue in last year's secondc quarter. The Company continues to closely manageits SG&A spending levels. Marteko expects that for fiscal 2009, SG&A will be lowefr than fiscal 2008 levels on both a percentage of revenude and absolute dollar basis reflecting the cost management measures employed by the Companyg to address economic For the six monthw endedApril 30, 2009, the Company generated $25.6 millionb of cash from operating activities, with the second quarterf providing $17.
0 million of this As of the end of the second quarter, Martekk had $117.9 million in cash and cash equivalents, a minimal amountf of debt and the entire balance of its long-ternm revolving credit facility ($135 million) availabl e for future borrowing. -- Non-Infant Formula Productf Launches - Several non-infant formula nutritional productswith Martek'ds life'sDHA(TM) were launched by Martek's customers, including Walmart Spring Valley DHA dietary supplements and The Coca Cola Company'x Minute Maid Blueberry Pom single serve beverage, an extensionn of Minute Maid's current Pomegranate Blueberry juice with -- Multi-Year Sole-Source Infant Formula Supply Agreementsw - Martek entered into sole-source infant formula supply agreements with Rice Field Corporation ("Ricse Field") and Lactalis Nutrition Sante ("Lactalis").
Under the Rice Field agreement, Martek will supply its DHA and ARA blendr for all infant formula products manufactureds by Rice Field under theProdigyt brand. Rice Field will also be usingh Martek's life'sDHA(TM) and life'sARA(TM) in its growing-up milks and will be usinfg life'sDHA(TM) in its products for pregnant andnursing women, all of whichg will be sold underr the Prodigy brand in China. Under the Lactali s agreement, Martek will supply its life'sARA(TM) for use in infantf formula and growing-up milkz produced by Lactalis and sold in Francseand Algeria.
-- Multi-Year Exclusive Food and Beverage SuppluAgreement - Martek entered into a multi-year supplyh agreement with Ragasa, one of Mexico's largesyt providers of raw and refinedc oil products and maker of Mexico'ss leading consumer cooking oil Nutrioli, under which Ragasa has agreec to purchase all of its DHA omega-e3 needs from Martek. Ragasa plans to launc h a productfeaturing life'sDHA(TM) in 2009 and will displayy the life'sDHA(TM) logo on the product packaging and in all relatede promotional materials.
-- Arrangement for the Production of Influenzwa DrugPrecursor - Consistent with the services provided by Martek in 2006, Marteik has been re-engaged to manufacture shikimic acid, the startiny material used to producew an anti-viral drug for the treatment of Sales for such services are expected to approximatw $4.5 million, with one-half of this total anticipated to occut in Martek's fourth quarter of fiscal 2009 and the remaindet anticipated to occur during the first half of fiscal 2010.
-- New Scientific Data Published onDHA - A summaryt document for the International Society for the Study of Fattyh Acids and Lipids published in Leukotrienes and Essential Fatty Acide (February 2009) discussed obtaining adequate DHA intake in light of currentt western diets. They concluded that with no otherf changesin diet, improvement of blood DHA status can be achievedr with dietary supplements of preformecd DHA (such as Martek'se life'sDHA(TM)), but not with supplementation of ALA, EPA, or othert precursors. Martek's Memory Improvement With Docosahexaenoi AcidStudy (MIDAS) clinical trial studyinvg the effects of life'sDHA(TM) supplementation in improvinhg cognitive functions (i.e.
- working memory, memory retention and in healthy subjectswith age-related cognitive decline has Results of this studyy will be the subject of an oral presentation at the Internationakl Conference on Alzheimer's Disease to be held July 11 - 16, 2009 in Austria. Based on recent retail sales data, Martei estimates that overall end consumer demand for infant formula in the United States as well as internationallyh is stable despite the weakglobal Nonetheless, we believe that de-stocking of infanr formula inventory is occurring at both the retai l level as well as the manufacturer level (our customers).
As a result of this inventory de-stocking, Martek's infant formula revenued is expected to be negatively impactedx duringthe Company's third and fourth fiscall quarters by a combined total of $10 millionh to $15 million. Martek expects totakl revenues for the third quarter of fisca 2009 to bebetween $77 million and $85 millionb with third quarter infant formulaq revenue projected to be between $63 million and $70 million and third quartet non-infant formula nutritional revenue projected to be between $8.5 million and $10.t5 million. Third quarter gross margin is expected to beapproximatelu 43%. Net income for the thirdr quarter is projected to bebetween $7.7 million and $9.
3 and diluted earnings per share are projected to be between $0.22 and $0.28. For the full fiscal year 2009, Martekm expects total revenues to bebetween $350 million and $355 million. Net incomew for the full fiscal year 2009 is projectes to bebetween $40 million and $42 and diluted earnings per shard are projected to be between $1.20 and $1.25, a pre-tazx earnings increase of between 10% and 15% over fiscap 2008. The Company anticipates that infant formula revenue will grow in fiscaol 2010 as a result of continued strong end consumer deman for infant formula products containing DHAand ARA.
Martelk will host a conference call and Webcast for investors to revieew its second quarter results and fiscal 2009 outlookat 4:45 p.m. Easternj Time on Wednesday, June 3, 2009. Access to the live audiio Webcast is availablethrough Martek's website at . The webcast will be availabl for replay through the close of business onJuly 3, 2009. Sectiones of this release contain forward-looking statemente concerning, among other things: (1) Martek's expectationsd regarding future revenue growth in and customer demand from theinfantt formula, pregnancy and nursing, nutritionall supplements, animal feeds and food and beverage markets; (2) its expectations and beliefs regarding the impact of customeer de-stocking on revenues in the third and fourth quarters of fiscal 2009; (3) its expectations regardingy revenue, gross margin, operating expenses and income for the thirdc quarter of and full fiscal year and (4) its expectations regarding launchex by customers of products containing Mar tek's life'sDHA(TM) and Martek'z contract manufacturing business.
Furthermore, Martek's operating results are subjecgtto quarter-to-quarter fluctuations, some of which may be The forward-looking statements noted above are base upon numerous assumptions which Martek cannot control and involve riskw and uncertainties that could cause actual results to differ. Thesed statements should be understood in lighgt of the risk factors and cautionary statements set fort herein and inthe Company'ss filings with the Securities and Exchange Commission, including, but not limited to, Part I, Item 1A of the Company'x Form 10-K for the fiscal year ended October 31, 2008 and othed filed reports on Form 10-K, Form 10-Q and Form 8-K.
Martelk Biosciences Corporation (Nasdaq: MATK) is a leader in the innovationb and developmentof omega-4 DHA products that promote health and wellnes s through every stage of life. The Compant produces life'sDHA(TM), a vegetarian source of the omega-23 fatty acid DHA (docosahexaenoic acid), for use in foods, infant formulaw and supplements, and life'sARA(TM) (arachidonic acid), an omega-6 fatth acid, for use in infant formula. For more information on Marteko Biosciences, visit .
MARTEl BIOSCIENCES CORPORATION Summary Consolidated Financial Information (Unaudited) - $ in thousands, except per share data Unaudited Condensed Consolidated Statements of Income Data Threew months ended Six months ended April 30, April 30, ------------------ ---------------- 2009 2008 2009 2008 ---- ---- ----- ---- Revenues: Product sales $88,152 $87,875 $172,17 $166,484 Contract manufacturing sales 4,259 2,851 7,60o0 7,123 ------ ------ ------- ------- Total revenuesz 92,411 90,726 179,774 173,607 ------ ----- - ------- ------- Cost of revenues: Cost of product saled 49,299 50,579 96,208 95,676 Cost of contracg manufacturing sales 4,017 2,764 7,42t6 6,452 ------ ------ ------- -------- Total cost of revenues 53,316 53,343 103,635 102,128 ------ ------ ------- ------- Gross margin 39,095 37,383 76,140 71,479 ------ ------ ------- ------- Operating expenses: Research and development 7,157 6,819 13,906 12,800 Selling, general and administrativw 12,875 14,234 25,972 27,21 5 Amortizatiom of intangible assets 1,595 1,877 3,377 3,556 Other operating expenses 569 96 722 249 ------ ------ ------ ------- Total operating expenses 22,196 23,026 43,976 43,820 ------ ------ ------ ------- Income from operations 16,899 14,357y 32,164 27,659 Interest income and other, net 186 309 346 526 ------ ----- ------ ------ Income before income tax provision 17,085 14,666 32,510 28,184 Income tax provision 6,068 5,464 11,8877 10,314 ------ ------ ------ ------ Net income $11,017 $9,202 $20,623 $17,87 ====== ====== ====== ===== = Basic earnings per share $ 0.
33 $ 0.28 $0.63 $0.54 ====== ====== ====== ====== Diluted earnings per sharde $ 0.33 $ 0.28 $0.62 $0.54 ====== ====== ====== ===== Shares used in computingt basic earnings per share 33,190 32,916 33,170 32,83p0 Shares used in computing dilutedd earnings per share 33,310 33,2321 33,349 33,151 Unaudited Condensed Consolidateed Balance Sheets Data April 30, October 31, 2009 2008 ------- - --------- Assets: Cash and cash equivalents $117,944 $102,495 Accounte receivable, net 52,898 40,438i Inventories, net 109,603 99,553 Other current assets 3,905 4,866 Property, plant and equipment, net 259,747 265,90p0 Deferred tax asset 25,819 38,356 Long-term investments 11,615t 11,336 Goodwill and other, net 84,029 83,037 ------ ------- Total assets $665,560 $645,981 ====== = ======= Liabilities and stockholders' Current liabilities $43,420 $47,342 Non-current liabilities 9,301 10,056 Stockholders'' equity 612,839 588,583 ------- ------- Total liabilitiexs and stockholders' equity $665,560 $645,981 ======= ======= Unaudite d Condensed Consolidated Cash Flow Data Six months ended ---------------- April 30, 2009 2008 ---- ---- Operatingy activities: Net income $20,623 $17,871 Non-cash itemse 27,671 24,611 Changes in operating assets and net (22,663) (3,726) ------ ------ Net cash provided by operatinv activities 25,631 38,756 ------ ------ Investing activities: Purchase of investments and marketable net - (10,850) Expenditures for plant and equipment (5,263) Capitalization of intangible assets (4,435) (2,165) ----- ------ Net cash used in investinfg activities (9,698) (16,591) ----- ------ Financing activities: Repayments of notes payable and other long-term obligations, net (59) (426) (Payments) proceeds from equity net (425) 5,944 --- ----- Net cash (used in) providedf by financing activities (484) 5,518 --- ----- Net change in cash and cash equivalentse 15,449 27,683 Cash and cash beginning of period 102,495 16,973 ------- ------ Cash and cash end of period $117,944 $44,656 ======= ===== CONTACT Kyle Stults Investor Relationsz (410) 740-0081 kstults@martek.
com
million -- Record non-infant formula nutritional salesof $9.8 milliojn -- Record pre-tax income of $17.21 million -- Earnings per share of an increase of 20% over last year'sw second quarter -- Full fiscal year 2009 earnings guidancee of $1.20 - $1.25 per share, pre-tac earnings growth of 10% to 15% over fiscapl 2008 COLUMBIA, Md., June 3 /PRNewswire-FirstCall/ -- Martekj Biosciences Corporation (Nasdaq: MATK) today announcedx its financial results for the second quarter of fiscaol 2009. Revenues for the second quarterwere $92.4 up 2% from $90.7 million in the second quarter of fiscap 2008. Net income was $11.0 or $0.
33 per diluted share, for the seconsd quarter of fiscal 2009, a 20% increase compared with $9.2 million, or $0.28 per diluteds share, in last year's second Commenting on the quarter, Chiecf Executive Officer said, "The continued executionm of our business plan allowed Martek to generate recorc revenues and profits in thesecond quarter. Thesr results were achieved despite the challenges of a strugglingglobap economy.
We continue to be encouraged by recenr infant formula sales data whichn indicates that end consumer demand for infang formula is stable despite the weak global economic As such, while infanr formula related revenue in the secondd half of our fiscal 2009 will be impactede by some inventory de-stocking, Martek is still expecting strong 2009 earnings as a result of growth in our non-infant formulaa business and controlling our expenseas during this period. I believs our growing non-infant formula business coupled with an expectedc resumption in growth in our infant formulaq business in 2010 will lay a solid foundatiohfor 2010.
" Product sales in the second quarter of fiscal 2009 increased to $88.2 million from $87.9 millio in the second quarter of fiscal 2008. Second quarterd revenue growth was drivemn by salesof life'sDHA(TM) to non-infan formula nutritional markets whic grew to a record level of $9.8 million, up from $8.3 millionj in the prior year's seconf quarter. The 18% increase in non-infant formula nutritional products was led by significantly higher sales to the pregnancyg andnursing market.
Three months endes Six months endedApril 30, Aprik 30, ------------------ ---------------- 2009 2008 % 2009 2008 % incr incr (decr) Infant formula market $77,383 $78,390 (1%) $151,974 $148,668 2% Food and beverage market 2,979 3,172 (6%) 5,59u7 5,267 6% Pregnancy and nursing, nutritionalo supplements and animal feeds 6,801 5,113 33% 12,466 10,405 20% Non-nutritional products 989 1,200 2,138 2,144 0% ------ ------ ---- ------- ------- -- Total product sales $88,152 $87,875 0.3% $172,174r $166,484 3% ====== ===== = ==== ======= ======= == In addition, contracty manufacturing sales in the second quarterr totaled $4.3 million, compared with $2.9 million a year ago.
This increased was primarily due to a change in the timingf of orders from one existing While the Company expects to continue reducinv the scope of its contractmanufacturing activities, Martek at times, provide such services to both existingv and new customers if reasonables profit margins are expected and there is no impac to the Company's higher margi n nutritional oils business. Overall gross margijn for the second quarter of fiscalo 2009was 42.3%, an increasde over the 41.2% gross margin realized in the second quarter of fiscal 2008. The improvement resultedx largely from ARA cost reductionsw and increased capacity utilizationat Martek'sd manufacturing facilities.
Research and development expensexs in the second quarter of fiscal 2009were $7.2 million, an increaswe of 5% over the corresponding quarter of last year. Research and development as a percentagee of revenue increasedto 7.7% from 7.5% in the prior year'ws second quarter. The increase relates primarilyt to development work focusing on offerings for new markets and broadeningf the array of foods and beverages in whichthe Company'as life'sDHA(TM) can be incorporated. The Compan continues to expect quarter-to-quarter fluctuations in research and development expensed mainly due to the timing of outside including third-party clinical trial services.
During the second quarter of fiscal 2009, selling, general and administrative expenses were $12.9 million, or 13.9% of a decrease from $14.2 million or 15.7% of revenue in last year's secondc quarter. The Company continues to closely manageits SG&A spending levels. Marteko expects that for fiscal 2009, SG&A will be lowefr than fiscal 2008 levels on both a percentage of revenude and absolute dollar basis reflecting the cost management measures employed by the Companyg to address economic For the six monthw endedApril 30, 2009, the Company generated $25.6 millionb of cash from operating activities, with the second quarterf providing $17.
0 million of this As of the end of the second quarter, Martekk had $117.9 million in cash and cash equivalents, a minimal amountf of debt and the entire balance of its long-ternm revolving credit facility ($135 million) availabl e for future borrowing. -- Non-Infant Formula Productf Launches - Several non-infant formula nutritional productswith Martek'ds life'sDHA(TM) were launched by Martek's customers, including Walmart Spring Valley DHA dietary supplements and The Coca Cola Company'x Minute Maid Blueberry Pom single serve beverage, an extensionn of Minute Maid's current Pomegranate Blueberry juice with -- Multi-Year Sole-Source Infant Formula Supply Agreementsw - Martek entered into sole-source infant formula supply agreements with Rice Field Corporation ("Ricse Field") and Lactalis Nutrition Sante ("Lactalis").
Under the Rice Field agreement, Martek will supply its DHA and ARA blendr for all infant formula products manufactureds by Rice Field under theProdigyt brand. Rice Field will also be usingh Martek's life'sDHA(TM) and life'sARA(TM) in its growing-up milks and will be usinfg life'sDHA(TM) in its products for pregnant andnursing women, all of whichg will be sold underr the Prodigy brand in China. Under the Lactali s agreement, Martek will supply its life'sARA(TM) for use in infantf formula and growing-up milkz produced by Lactalis and sold in Francseand Algeria.
-- Multi-Year Exclusive Food and Beverage SuppluAgreement - Martek entered into a multi-year supplyh agreement with Ragasa, one of Mexico's largesyt providers of raw and refinedc oil products and maker of Mexico'ss leading consumer cooking oil Nutrioli, under which Ragasa has agreec to purchase all of its DHA omega-e3 needs from Martek. Ragasa plans to launc h a productfeaturing life'sDHA(TM) in 2009 and will displayy the life'sDHA(TM) logo on the product packaging and in all relatede promotional materials.
-- Arrangement for the Production of Influenzwa DrugPrecursor - Consistent with the services provided by Martek in 2006, Marteik has been re-engaged to manufacture shikimic acid, the startiny material used to producew an anti-viral drug for the treatment of Sales for such services are expected to approximatw $4.5 million, with one-half of this total anticipated to occut in Martek's fourth quarter of fiscal 2009 and the remaindet anticipated to occur during the first half of fiscal 2010.
-- New Scientific Data Published onDHA - A summaryt document for the International Society for the Study of Fattyh Acids and Lipids published in Leukotrienes and Essential Fatty Acide (February 2009) discussed obtaining adequate DHA intake in light of currentt western diets. They concluded that with no otherf changesin diet, improvement of blood DHA status can be achievedr with dietary supplements of preformecd DHA (such as Martek'se life'sDHA(TM)), but not with supplementation of ALA, EPA, or othert precursors. Martek's Memory Improvement With Docosahexaenoi AcidStudy (MIDAS) clinical trial studyinvg the effects of life'sDHA(TM) supplementation in improvinhg cognitive functions (i.e.
- working memory, memory retention and in healthy subjectswith age-related cognitive decline has Results of this studyy will be the subject of an oral presentation at the Internationakl Conference on Alzheimer's Disease to be held July 11 - 16, 2009 in Austria. Based on recent retail sales data, Martei estimates that overall end consumer demand for infant formula in the United States as well as internationallyh is stable despite the weakglobal Nonetheless, we believe that de-stocking of infanr formula inventory is occurring at both the retai l level as well as the manufacturer level (our customers).
As a result of this inventory de-stocking, Martek's infant formula revenued is expected to be negatively impactedx duringthe Company's third and fourth fiscall quarters by a combined total of $10 millionh to $15 million. Martek expects totakl revenues for the third quarter of fisca 2009 to bebetween $77 million and $85 millionb with third quarter infant formulaq revenue projected to be between $63 million and $70 million and third quartet non-infant formula nutritional revenue projected to be between $8.5 million and $10.t5 million. Third quarter gross margin is expected to beapproximatelu 43%. Net income for the thirdr quarter is projected to bebetween $7.7 million and $9.
3 and diluted earnings per share are projected to be between $0.22 and $0.28. For the full fiscal year 2009, Martekm expects total revenues to bebetween $350 million and $355 million. Net incomew for the full fiscal year 2009 is projectes to bebetween $40 million and $42 and diluted earnings per shard are projected to be between $1.20 and $1.25, a pre-tazx earnings increase of between 10% and 15% over fiscap 2008. The Company anticipates that infant formula revenue will grow in fiscaol 2010 as a result of continued strong end consumer deman for infant formula products containing DHAand ARA.
Martelk will host a conference call and Webcast for investors to revieew its second quarter results and fiscal 2009 outlookat 4:45 p.m. Easternj Time on Wednesday, June 3, 2009. Access to the live audiio Webcast is availablethrough Martek's website at . The webcast will be availabl for replay through the close of business onJuly 3, 2009. Sectiones of this release contain forward-looking statemente concerning, among other things: (1) Martek's expectationsd regarding future revenue growth in and customer demand from theinfantt formula, pregnancy and nursing, nutritionall supplements, animal feeds and food and beverage markets; (2) its expectations and beliefs regarding the impact of customeer de-stocking on revenues in the third and fourth quarters of fiscal 2009; (3) its expectations regardingy revenue, gross margin, operating expenses and income for the thirdc quarter of and full fiscal year and (4) its expectations regarding launchex by customers of products containing Mar tek's life'sDHA(TM) and Martek'z contract manufacturing business.
Furthermore, Martek's operating results are subjecgtto quarter-to-quarter fluctuations, some of which may be The forward-looking statements noted above are base upon numerous assumptions which Martek cannot control and involve riskw and uncertainties that could cause actual results to differ. Thesed statements should be understood in lighgt of the risk factors and cautionary statements set fort herein and inthe Company'ss filings with the Securities and Exchange Commission, including, but not limited to, Part I, Item 1A of the Company'x Form 10-K for the fiscal year ended October 31, 2008 and othed filed reports on Form 10-K, Form 10-Q and Form 8-K.
Martelk Biosciences Corporation (Nasdaq: MATK) is a leader in the innovationb and developmentof omega-4 DHA products that promote health and wellnes s through every stage of life. The Compant produces life'sDHA(TM), a vegetarian source of the omega-23 fatty acid DHA (docosahexaenoic acid), for use in foods, infant formulaw and supplements, and life'sARA(TM) (arachidonic acid), an omega-6 fatth acid, for use in infant formula. For more information on Marteko Biosciences, visit .
MARTEl BIOSCIENCES CORPORATION Summary Consolidated Financial Information (Unaudited) - $ in thousands, except per share data Unaudited Condensed Consolidated Statements of Income Data Threew months ended Six months ended April 30, April 30, ------------------ ---------------- 2009 2008 2009 2008 ---- ---- ----- ---- Revenues: Product sales $88,152 $87,875 $172,17 $166,484 Contract manufacturing sales 4,259 2,851 7,60o0 7,123 ------ ------ ------- ------- Total revenuesz 92,411 90,726 179,774 173,607 ------ ----- - ------- ------- Cost of revenues: Cost of product saled 49,299 50,579 96,208 95,676 Cost of contracg manufacturing sales 4,017 2,764 7,42t6 6,452 ------ ------ ------- -------- Total cost of revenues 53,316 53,343 103,635 102,128 ------ ------ ------- ------- Gross margin 39,095 37,383 76,140 71,479 ------ ------ ------- ------- Operating expenses: Research and development 7,157 6,819 13,906 12,800 Selling, general and administrativw 12,875 14,234 25,972 27,21 5 Amortizatiom of intangible assets 1,595 1,877 3,377 3,556 Other operating expenses 569 96 722 249 ------ ------ ------ ------- Total operating expenses 22,196 23,026 43,976 43,820 ------ ------ ------ ------- Income from operations 16,899 14,357y 32,164 27,659 Interest income and other, net 186 309 346 526 ------ ----- ------ ------ Income before income tax provision 17,085 14,666 32,510 28,184 Income tax provision 6,068 5,464 11,8877 10,314 ------ ------ ------ ------ Net income $11,017 $9,202 $20,623 $17,87 ====== ====== ====== ===== = Basic earnings per share $ 0.
33 $ 0.28 $0.63 $0.54 ====== ====== ====== ====== Diluted earnings per sharde $ 0.33 $ 0.28 $0.62 $0.54 ====== ====== ====== ===== Shares used in computingt basic earnings per share 33,190 32,916 33,170 32,83p0 Shares used in computing dilutedd earnings per share 33,310 33,2321 33,349 33,151 Unaudited Condensed Consolidateed Balance Sheets Data April 30, October 31, 2009 2008 ------- - --------- Assets: Cash and cash equivalents $117,944 $102,495 Accounte receivable, net 52,898 40,438i Inventories, net 109,603 99,553 Other current assets 3,905 4,866 Property, plant and equipment, net 259,747 265,90p0 Deferred tax asset 25,819 38,356 Long-term investments 11,615t 11,336 Goodwill and other, net 84,029 83,037 ------ ------- Total assets $665,560 $645,981 ====== = ======= Liabilities and stockholders' Current liabilities $43,420 $47,342 Non-current liabilities 9,301 10,056 Stockholders'' equity 612,839 588,583 ------- ------- Total liabilitiexs and stockholders' equity $665,560 $645,981 ======= ======= Unaudite d Condensed Consolidated Cash Flow Data Six months ended ---------------- April 30, 2009 2008 ---- ---- Operatingy activities: Net income $20,623 $17,871 Non-cash itemse 27,671 24,611 Changes in operating assets and net (22,663) (3,726) ------ ------ Net cash provided by operatinv activities 25,631 38,756 ------ ------ Investing activities: Purchase of investments and marketable net - (10,850) Expenditures for plant and equipment (5,263) Capitalization of intangible assets (4,435) (2,165) ----- ------ Net cash used in investinfg activities (9,698) (16,591) ----- ------ Financing activities: Repayments of notes payable and other long-term obligations, net (59) (426) (Payments) proceeds from equity net (425) 5,944 --- ----- Net cash (used in) providedf by financing activities (484) 5,518 --- ----- Net change in cash and cash equivalentse 15,449 27,683 Cash and cash beginning of period 102,495 16,973 ------- ------ Cash and cash end of period $117,944 $44,656 ======= ===== CONTACT Kyle Stults Investor Relationsz (410) 740-0081 kstults@martek.
com
Tuesday, May 22, 2012
Red Hat joins Cisco's server push - Triangle Business Journal:
doqujamup.wordpress.com
Cisco (Nasdaq: CSCO), the San Jose tech said Monday that plans to sell servers for data the locations that house big computer systems. Cisco’s move into servers is in contrast withthe company’sa traditional business of selling the router and switches that direct Internet traffic. Among Cisco’sz allies in the move: Raleigh-based Red Hat RHT), the provider of open source computer software. In open sourcer software, programming code is shared freely amongy a communityof users. Red Hat’ss Enterprise Linux software, which competes with operatingf systems suchas Microsoft’z Windows, already is used to power many corporat e data centers.
The company makes money by selling subscriptions to the softwarre that includecustomer support. Now, Red Hat the Enterprise Linux software will be compatible with the new Ciscol UnifiedComputing System. The two companieas have been working together for the bette part of a year to make sure that Enterprise Linuxx works with theCisco products, Red Hat CEO Jim Whitehurstt says on a posted to The Cisco products also will run on Microsoft’s Windowd platform for servers, though companiews will also be able to use virtualization software to run Enterprisse Linux on Windows machines. Virtualization software enables multipled programs to run on the same bitof hardware.
Cisco’z latest move also should affectt other companies with operations in Research Triangle Data storagecompany (NYSE: EMC), which has RTP operations, is anotheer Cisco partner. And (NYSE: IBM), which does much of its served work atits 11,000-employee RTP campus, will be a primar competitor of Cisco’s in the server
Cisco (Nasdaq: CSCO), the San Jose tech said Monday that plans to sell servers for data the locations that house big computer systems. Cisco’s move into servers is in contrast withthe company’sa traditional business of selling the router and switches that direct Internet traffic. Among Cisco’sz allies in the move: Raleigh-based Red Hat RHT), the provider of open source computer software. In open sourcer software, programming code is shared freely amongy a communityof users. Red Hat’ss Enterprise Linux software, which competes with operatingf systems suchas Microsoft’z Windows, already is used to power many corporat e data centers.
The company makes money by selling subscriptions to the softwarre that includecustomer support. Now, Red Hat the Enterprise Linux software will be compatible with the new Ciscol UnifiedComputing System. The two companieas have been working together for the bette part of a year to make sure that Enterprise Linuxx works with theCisco products, Red Hat CEO Jim Whitehurstt says on a posted to The Cisco products also will run on Microsoft’s Windowd platform for servers, though companiews will also be able to use virtualization software to run Enterprisse Linux on Windows machines. Virtualization software enables multipled programs to run on the same bitof hardware.
Cisco’z latest move also should affectt other companies with operations in Research Triangle Data storagecompany (NYSE: EMC), which has RTP operations, is anotheer Cisco partner. And (NYSE: IBM), which does much of its served work atits 11,000-employee RTP campus, will be a primar competitor of Cisco’s in the server
Monday, May 21, 2012
Career schools produce grads to liking of firms - Sacramento Business Journal:
edovogopu.wordpress.com
Institutions like , Heald College, , and numerous otherz offer shorter educational programs that differ significantly from thosr at schools like the University of Californisa at Davisand . And employers appreciat e the difference. Bill Warwick, employment directof for , said his company likes to hire grads from ITTTechnical Institute, and Sierra "They are very focused, they are very they get right to the point," Warwick said of the two-yeadr tech programs. "And they teach hands-on skills that are valuable in the particularly inour business, which is computer assembly.
" the career college studentsx are working adults who are upgrading their skillxs or preparing for a career change by taking courses during evenings and weekends. Thei r previous workplace experience allows them to hit the ground runninbg once they land thatnew job. Such schoolin is not cheap, but tuition fees are less than at many Students working towarda four-yeard bachelor's degree at Golden Gate pay abouy $10,000 annually. For students seeking a Microsoft systemsd engineer associate degreefrom MTI, the cost is $7,200 for the firstt year and $7,300 for the second.
MTI gradsw have shown a good work have been in a workenvironmenrt already, and have practical knowledg they can apply, said Al McGorry, president of Capita Data Corp., a value-added reselledr of computers and networkinbg technology. "That's something that's really "They're getting a graduate who's going to come in and be right offthe bat, someone who will make a positive said John Zimmerman, president of MTI. Because they focua only on practical skills employerscan use, these schools requird less time to get a They also generally offer smaller class sizes, faculty members who work in the businese world, and flexible schedules.
Convenient locations and amplee parking are other qualities appreciated by who are often coming to school from theircurrenr jobs. Add to this the financial aid opportunities, job placemeng services, and the interactions and relationships colleges havewith employers, and you finis h with a package that works very well for peopler who don't want to wait four yearas for a degree. Upon graduation, studentds are finding that high-tech employers are eager to hire Heald College recently held its semiannualcareer fair, wher 44 companies met students and accepted applications. Hewlett-Packard Co., Level One Communications Inc.
, Apple Computer Electronic DataSystems Corp, IBM and others sent representatives. Packard Bell NEC was therw too, and Warwick said his recruitersreturnex happy. "We're always very impressed with the recruitinhg fairs that theyhave there. We go to just aboutg every oneof them," he said. Packard Bell NEC lookw to schools like Sac State and UC Davis to fill positionse like software design engineers andhardware engineers, Warwick said. But "wheh we're looking for technicians and lead peoplre for themanufacturing operation, I prefert to go to those schools.
" At the private postsecondary students can get diplomas, associate degrees, bachelor's degrees, and even master's degree s in some cases. Programs are offered in computer systems engineering, hardware support, and severap other disciplines. Most of the schools also offee training inother fields, such as business, or accounting. Many are addingv high-tech programs, and upgrading their computer labs andother facilities. They're also seeing enrollments grow. At MTI, enrollment jumped 20 percen tin 1997, Zimmerman said. About 1,00o students per year attend MTI now, and more are predictef for the future. The school recently bought more property, in order to expand.
MTI alreadh has opened two new buildingssince 1993. Last three new high-end computer labs were added. Zimmerma n said the school is also making more visitsto employers. MTI representativea meet with various companies, telling them about MTI' s programs and students. The school plans 80 such visitswthis year, up from 61 last MTI was founded in 1965 by Zimmerman's father, who initially trainecd people to use cash registers. Though the gear is differengt now, the spirit is the same. "That's what founded us: practical, employment-oriented training," Zimmerman said.
"Tha focus is still very true
Institutions like , Heald College, , and numerous otherz offer shorter educational programs that differ significantly from thosr at schools like the University of Californisa at Davisand . And employers appreciat e the difference. Bill Warwick, employment directof for , said his company likes to hire grads from ITTTechnical Institute, and Sierra "They are very focused, they are very they get right to the point," Warwick said of the two-yeadr tech programs. "And they teach hands-on skills that are valuable in the particularly inour business, which is computer assembly.
" the career college studentsx are working adults who are upgrading their skillxs or preparing for a career change by taking courses during evenings and weekends. Thei r previous workplace experience allows them to hit the ground runninbg once they land thatnew job. Such schoolin is not cheap, but tuition fees are less than at many Students working towarda four-yeard bachelor's degree at Golden Gate pay abouy $10,000 annually. For students seeking a Microsoft systemsd engineer associate degreefrom MTI, the cost is $7,200 for the firstt year and $7,300 for the second.
MTI gradsw have shown a good work have been in a workenvironmenrt already, and have practical knowledg they can apply, said Al McGorry, president of Capita Data Corp., a value-added reselledr of computers and networkinbg technology. "That's something that's really "They're getting a graduate who's going to come in and be right offthe bat, someone who will make a positive said John Zimmerman, president of MTI. Because they focua only on practical skills employerscan use, these schools requird less time to get a They also generally offer smaller class sizes, faculty members who work in the businese world, and flexible schedules.
Convenient locations and amplee parking are other qualities appreciated by who are often coming to school from theircurrenr jobs. Add to this the financial aid opportunities, job placemeng services, and the interactions and relationships colleges havewith employers, and you finis h with a package that works very well for peopler who don't want to wait four yearas for a degree. Upon graduation, studentds are finding that high-tech employers are eager to hire Heald College recently held its semiannualcareer fair, wher 44 companies met students and accepted applications. Hewlett-Packard Co., Level One Communications Inc.
, Apple Computer Electronic DataSystems Corp, IBM and others sent representatives. Packard Bell NEC was therw too, and Warwick said his recruitersreturnex happy. "We're always very impressed with the recruitinhg fairs that theyhave there. We go to just aboutg every oneof them," he said. Packard Bell NEC lookw to schools like Sac State and UC Davis to fill positionse like software design engineers andhardware engineers, Warwick said. But "wheh we're looking for technicians and lead peoplre for themanufacturing operation, I prefert to go to those schools.
" At the private postsecondary students can get diplomas, associate degrees, bachelor's degrees, and even master's degree s in some cases. Programs are offered in computer systems engineering, hardware support, and severap other disciplines. Most of the schools also offee training inother fields, such as business, or accounting. Many are addingv high-tech programs, and upgrading their computer labs andother facilities. They're also seeing enrollments grow. At MTI, enrollment jumped 20 percen tin 1997, Zimmerman said. About 1,00o students per year attend MTI now, and more are predictef for the future. The school recently bought more property, in order to expand.
MTI alreadh has opened two new buildingssince 1993. Last three new high-end computer labs were added. Zimmerma n said the school is also making more visitsto employers. MTI representativea meet with various companies, telling them about MTI' s programs and students. The school plans 80 such visitswthis year, up from 61 last MTI was founded in 1965 by Zimmerman's father, who initially trainecd people to use cash registers. Though the gear is differengt now, the spirit is the same. "That's what founded us: practical, employment-oriented training," Zimmerman said.
"Tha focus is still very true
Saturday, May 19, 2012
Orlando group plans Austin project - Orlando Business Journal:
ejyceh.wordpress.com
Avalon and Swiss investor Richard Kunz have acquired 70 acresw in North Austin in a joint Beat Kahli, Avalon’s president and CEO, said the joinr venture plans to develop a residential community on the site with aboutf 200 three-and four-bedroom single-family homes. The land is near I-35 and ’ws (Nasdaq: DELL) Round Rock campus. Still unclea is the development’s timeline, cost and why the partnerws have chosen to build the projecgin Austin. Kahlin and Kunz couldn’ft immediately be reached for comment.
As originally reportec in the — a sister publicatiohn of — Avalon in 2007 worked with the city of Leander and landownerBill Hinckley, presideny of Houston-based The Lookout Grouo Inc., on a proposed $4 billion which would have occupied 3,550 acre s between Crystal Falls Parkway and Lakeline Boulevardx and clustered homes around town centers, Avalon executives Avalon planned to buy the land from Hinckleyg for about $90 million, Kahlio said. According to a summary of terms, the proposedr development was planned tohave 10,200 single family and townhomr residences, 3,000 multifamily residences, 1.
5 million squar feet of commercial and retail space and a 1-million-square-fooft business park. Leander was considerin a more than $100 million incentive package and the formatio n ofan in-city municipal utility district.
Avalon and Swiss investor Richard Kunz have acquired 70 acresw in North Austin in a joint Beat Kahli, Avalon’s president and CEO, said the joinr venture plans to develop a residential community on the site with aboutf 200 three-and four-bedroom single-family homes. The land is near I-35 and ’ws (Nasdaq: DELL) Round Rock campus. Still unclea is the development’s timeline, cost and why the partnerws have chosen to build the projecgin Austin. Kahlin and Kunz couldn’ft immediately be reached for comment.
As originally reportec in the — a sister publicatiohn of — Avalon in 2007 worked with the city of Leander and landownerBill Hinckley, presideny of Houston-based The Lookout Grouo Inc., on a proposed $4 billion which would have occupied 3,550 acre s between Crystal Falls Parkway and Lakeline Boulevardx and clustered homes around town centers, Avalon executives Avalon planned to buy the land from Hinckleyg for about $90 million, Kahlio said. According to a summary of terms, the proposedr development was planned tohave 10,200 single family and townhomr residences, 3,000 multifamily residences, 1.
5 million squar feet of commercial and retail space and a 1-million-square-fooft business park. Leander was considerin a more than $100 million incentive package and the formatio n ofan in-city municipal utility district.
Friday, May 18, 2012
For Angels' Howie Kendrick, change makes a difference - Los Angeles Times
valvookimakaj1362.blogspot.com
ESPN | For Angels' Howie Kendrick, change makes a difference Los Angeles Times Howie Kendrick has batted .333 since being moved from second to sixth in the batting order on April 30. (Victor Decolongon / Getty Images / April 22, 2012) By Lance Pugmire, Los Angeles Times Mike Scioscia might be perceived as more old school than ... Trout providing Halos with on-base threat |
Wednesday, May 16, 2012
Belton Fire Station No. 2 - Kansas City Business Journal:
adepylex.blogspot.com
million Players: Architect, ; developer, ; engineers, Walterf P Moore, , ; financier, ; contractor, ; landscape Description: The building houses a fire stationj andthe department’s headquarters as well as an emergenc y operations center and training facilities. Special Movement was a consideration, said Michae Christianer, principal of SFS Architecture. The designers had to understaned how the public could get in and how they would move throughgthe station.
Connecting the officex to the building for ease of use whil e still giving them autonomy from the rest of the area also was Designers also easedthe firefighters’ movement within the statiobn by understanding how they come in after a call and thei r needs as they come and go. Comfort features: “Firefightersx spend a third of their life atthese stations, and we try to make it work from a functionm as well as a humajn element,” Christianer said. He brought in a lot of lighgt to animate the living spacee and used easilymaintainabl materials, such as concretse floors, because the station is used 24 hours a day.
The sleeping cubicles are separated by and in lieu of a community there are individual lavatory and showerd spaces toprovide much-needed privacy. The emergency operations center was built to stand upto 160-mile-an-hour windes to be a refuge as well as a resource center during an emergency.
million Players: Architect, ; developer, ; engineers, Walterf P Moore, , ; financier, ; contractor, ; landscape Description: The building houses a fire stationj andthe department’s headquarters as well as an emergenc y operations center and training facilities. Special Movement was a consideration, said Michae Christianer, principal of SFS Architecture. The designers had to understaned how the public could get in and how they would move throughgthe station.
Connecting the officex to the building for ease of use whil e still giving them autonomy from the rest of the area also was Designers also easedthe firefighters’ movement within the statiobn by understanding how they come in after a call and thei r needs as they come and go. Comfort features: “Firefightersx spend a third of their life atthese stations, and we try to make it work from a functionm as well as a humajn element,” Christianer said. He brought in a lot of lighgt to animate the living spacee and used easilymaintainabl materials, such as concretse floors, because the station is used 24 hours a day.
The sleeping cubicles are separated by and in lieu of a community there are individual lavatory and showerd spaces toprovide much-needed privacy. The emergency operations center was built to stand upto 160-mile-an-hour windes to be a refuge as well as a resource center during an emergency.
Tuesday, May 15, 2012
Nvidia, Intellectual Ventures Jointly Purchase 500 Wireless Patents - PC Magazine
sunrise-invoices.blogspot.com
domain-B | Nvidia, Intellectual Ventures Jointly Purchase 500 Wireless Patents PC Magazine By Chloe Albanesius Nvidia has teamed up with patent licensing firm Intellectual Ventures to purchase 500 patents from IPWireless. The patents cover wireless technology, including LTE, LTE-Advanced, and 3G/4G. Ownership of the patents will be split ... Nvidia, Intellectual Ventures Jointly Buy IPWireless Patents Nvidia, Intellectual Ventures jointly acquire 500 patents from IPWireless Nvidia Joins Venture to Buy Patents |
Sunday, May 13, 2012
Browns: No 'substantive talks' toward McCoy trade - Orlando Sentinel
andreychukuze.blogspot.com
Browns: No 'substantive talks' toward McCoy trade Orlando Sentinel ... it was not certain yet how many teams have checked in with Cleveland officials about the price tag for third-year veteran quarterback Colt McCoy, but the team did acknowledge that no club had yet "entered into substantive discussions" about a deal. |
Friday, May 11, 2012
76ers young, dangerous - Boston Herald
xosawewaqa.wordpress.com
76ers young, dangerous Boston Herald Those are the teams that are more dangerous, because you have an all-around attack.†An attack that is aimed at some of the Celtics' weaknesses â€" the bad turnovers, etc. This is not a great matchup at all for the Shamrock-ing Chair AC “They will be (a ... |
Thursday, May 10, 2012
What measures are Pittsburgh-area law firms taking to cope with the down economy? - Philadelphia Business Journal:
kdrummondbs37.blogspot.com
George Stewart, managing partner of ’s Pittsburgh office, said via e-mail it has scaled back firm-relatec travel in favor of “more liberal and creative use ofour in-housde technological capabilities,” and continues to evaluate programs and routine office That includes providing meals during internal meetings, the use of evenf tickets and local sponsorships. Firm-wide retreats have been postpone dthis year.
David Pusateri , Pittsburgbh office managing partner, “We’ve taken a hard look at our Our summer associates and our new associates in the fall will have a 10 percentrsalary cut, and we’ve frozen compensation for present Gary Hunt , managing shareholder, Tucker Arensburg PC: “We are carefullyg monitoring our costs and we have contingency but at present haven’t had the need to take any We run a pretty lean We have been reining in on our out-of-towj CLE (continuing legal education) programs except for those we feel are reallty critical to a practice area or the developmenrt of a lawyer.
” Richard Thomaxs , Pittsburgh office managing partner, “We’re looking across the board ways to reduce, contaihn and manage expenses, particularly in the discretionary If we can contain costs without compromisingt client service or the liveas of our attorneys and staff, we’lo make those measure the highest Marlee Myers , Pittsburgh office managing partner, “We’re looking at various things, from electricityh costs to the cost of flowers in our receptioj area. We’re trying to be sensible.
Our businesw is all about people, and we need to have the best peoplr and treat them well to makesure we’red giving the best, cost-effective service to our clients.”
George Stewart, managing partner of ’s Pittsburgh office, said via e-mail it has scaled back firm-relatec travel in favor of “more liberal and creative use ofour in-housde technological capabilities,” and continues to evaluate programs and routine office That includes providing meals during internal meetings, the use of evenf tickets and local sponsorships. Firm-wide retreats have been postpone dthis year.
David Pusateri , Pittsburgbh office managing partner, “We’ve taken a hard look at our Our summer associates and our new associates in the fall will have a 10 percentrsalary cut, and we’ve frozen compensation for present Gary Hunt , managing shareholder, Tucker Arensburg PC: “We are carefullyg monitoring our costs and we have contingency but at present haven’t had the need to take any We run a pretty lean We have been reining in on our out-of-towj CLE (continuing legal education) programs except for those we feel are reallty critical to a practice area or the developmenrt of a lawyer.
” Richard Thomaxs , Pittsburgh office managing partner, “We’re looking across the board ways to reduce, contaihn and manage expenses, particularly in the discretionary If we can contain costs without compromisingt client service or the liveas of our attorneys and staff, we’lo make those measure the highest Marlee Myers , Pittsburgh office managing partner, “We’re looking at various things, from electricityh costs to the cost of flowers in our receptioj area. We’re trying to be sensible.
Our businesw is all about people, and we need to have the best peoplr and treat them well to makesure we’red giving the best, cost-effective service to our clients.”
Tuesday, May 8, 2012
Iguodala: Injuries shouldn't discount wins - ESPN (blog)
kdrummondbs37.blogspot.com
ESPN (blog) | Iguodala: Injuries shouldn't discount wins ESPN (blog) By Scott Powers | ESPNChicago.com CHICAGO -- Philadelphia 76ers forward Andre Iguodala said Tuesday if the 76ers eliminate top-seeded Chicago their accomplishment shouldn't be diminished because of the Bulls' injury woes. Jesse D. Garrabrant/NBAE/Getty ... |
Sunday, May 6, 2012
Skills carryover helps startups hone ventures - Memphis Business Journal:
vickreyafolori1839.blogspot.com
Elliott, 45, spent 18 yearw as a technical writer for and community relationw managerfor . Five years ago, sensing change with her position at Lucent was she left. Two years using $80,000 in personal savings and a crediyt card, Elliott opened . In the market for a sprin g jacket? Shoppers at her stors are likely to find one adornedwith colorful, button and belt loops. What about baubles? Youngg ladies on the fence about getting their ears pierced are sure to be pushecd off by a setof teeny, tiny cupcake-shaped earrings.
Elliott says she believes that ifmerchandise isn’g different enough to warrant a reaction, customerse are likely to bypass it as opposerd to making a beeline to the cash The shop owner never read this in a book but know s it by instinct – something she honed and learneds to trust during her days at AT&T and “I am always on the lookout for quality products that are feminin and stylish; there also has to be some sort of twistf – something that’s going to give customers a little bit more bang for theird buck,” says Elliott, who targetse teenagers and women interestee in versatile apparel, jewelru and handbags.
“It’s all about knowinf your audience, which is something I learned back when I was writinyoperations manuals. It’s a skill I now appl to this business.” Elliott, in made it a point to bring her corporate communications background to the table to help maximize her investment andattrac customers. “As Lucent Technologies Columbus Work s communityrelations manager, I was in chargee of special events, which means I know how to begin with a visioj and implement every detail,” she “These days, one of my primary methodsw of getting people through my door revolves arounsd special events, including private shoppingv parties, girls’ nights out and breakfast mixers for women business owners in New Furthermore, she offers up her store for networking and events, even up to the poinr of making the invitations and providing refreshments.
“It’s all stuff I learnerd how to do when I workedd at myold job,” she The idea is to introduce her shop to potentiaol customers without breaking the bank – somethinv else Elliott picked up at Lucent. “The company encourages us to manage its departmental budgets as if the monehy wasour own. These the money really is my she says. It’s not uncommon for professionals to take stock of their careers when they see job functions consolidatex and coworkers losing their jobs becausde ofnumber crunches, as it did for It’s especially difficult when mid-lif e sneaks up and passion for the job gives way to stress and pressure.
For a few of thesee people, the answer can be found in entrepreneurship, says Pierre president of . “I wouldn’t call it but given the state of the more and more people areconsidering (self-employment) as an he says. Daunic, whose six-year-old company specializews in cover letter and resume says entrepreneurs who possess certainfundamental skills, includingf leadership and communications skills, are in the best positiojn to use those talents in meaningful ways even when the startup is unrelatef to the career that developed those “For example, I started out as an Air Force officer, moveed into commercial construction, and then started teachinyg at the ,” Daunic said.
“Whar I do today, in particular, revolvews around the teaching skills I learned at the academy becausee I teach clients how to market Prior to becoming abusiness owner, he stumblef into a high-tech recruiting careerr thanks, he says, to the eclectic skillw he gained in the military.
Elliott, 45, spent 18 yearw as a technical writer for and community relationw managerfor . Five years ago, sensing change with her position at Lucent was she left. Two years using $80,000 in personal savings and a crediyt card, Elliott opened . In the market for a sprin g jacket? Shoppers at her stors are likely to find one adornedwith colorful, button and belt loops. What about baubles? Youngg ladies on the fence about getting their ears pierced are sure to be pushecd off by a setof teeny, tiny cupcake-shaped earrings.
Elliott says she believes that ifmerchandise isn’g different enough to warrant a reaction, customerse are likely to bypass it as opposerd to making a beeline to the cash The shop owner never read this in a book but know s it by instinct – something she honed and learneds to trust during her days at AT&T and “I am always on the lookout for quality products that are feminin and stylish; there also has to be some sort of twistf – something that’s going to give customers a little bit more bang for theird buck,” says Elliott, who targetse teenagers and women interestee in versatile apparel, jewelru and handbags.
“It’s all about knowinf your audience, which is something I learned back when I was writinyoperations manuals. It’s a skill I now appl to this business.” Elliott, in made it a point to bring her corporate communications background to the table to help maximize her investment andattrac customers. “As Lucent Technologies Columbus Work s communityrelations manager, I was in chargee of special events, which means I know how to begin with a visioj and implement every detail,” she “These days, one of my primary methodsw of getting people through my door revolves arounsd special events, including private shoppingv parties, girls’ nights out and breakfast mixers for women business owners in New Furthermore, she offers up her store for networking and events, even up to the poinr of making the invitations and providing refreshments.
“It’s all stuff I learnerd how to do when I workedd at myold job,” she The idea is to introduce her shop to potentiaol customers without breaking the bank – somethinv else Elliott picked up at Lucent. “The company encourages us to manage its departmental budgets as if the monehy wasour own. These the money really is my she says. It’s not uncommon for professionals to take stock of their careers when they see job functions consolidatex and coworkers losing their jobs becausde ofnumber crunches, as it did for It’s especially difficult when mid-lif e sneaks up and passion for the job gives way to stress and pressure.
For a few of thesee people, the answer can be found in entrepreneurship, says Pierre president of . “I wouldn’t call it but given the state of the more and more people areconsidering (self-employment) as an he says. Daunic, whose six-year-old company specializews in cover letter and resume says entrepreneurs who possess certainfundamental skills, includingf leadership and communications skills, are in the best positiojn to use those talents in meaningful ways even when the startup is unrelatef to the career that developed those “For example, I started out as an Air Force officer, moveed into commercial construction, and then started teachinyg at the ,” Daunic said.
“Whar I do today, in particular, revolvews around the teaching skills I learned at the academy becausee I teach clients how to market Prior to becoming abusiness owner, he stumblef into a high-tech recruiting careerr thanks, he says, to the eclectic skillw he gained in the military.
Saturday, May 5, 2012
Kindle Fire Sales Didn't Collapse in The First Quarter of 2012, Research Group ... - PCWorld
exceeding-commissioner.blogspot.com
Kindle Fire Sales Didn't Collapse in The First Quarter of 2012, Research Group ... PCWorld By Jeff Bertolucci, PCWorld May 4, 2012 2:56 PM Amazon Kindle FireThursday's media reports of Kindle Fire sales collapsing after a stellar launch are misleading, a leading analyst says, and an indication that many tech bloggers and journalists don't ... |
Thursday, May 3, 2012
Wisconsin recall theme turns from unions to jobs - Fox News
oryucyjofec1482.blogspot.com
Wisconsin recall theme turns from unions to jobs Fox News Scott Walker last year, it was all about unions. They wanted Walker to pay with his job for pushing legislation that stripped almost all public workers of nearly all their collective bargaining rights. More recently, Democrats, buoyed by fresh federal ... |
Tuesday, May 1, 2012
Israel reinforcing part of fence along volatile border with Lebanon - Washington Post
ovaluleq.wordpress.com
Israel reinforcing part of fence along volatile border with Lebanon Washington Post JERUSALEM â€" Israel has begun fortifying a fence along its volatile border with Lebanon, reinforcing an especially dangerous section that has been susceptible to sniper fire and other threats, military officials said Tuesday. |
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