ishinlyuboqemija.blogspot.com
Adobe Systems Inc. is outfittingg one of its threebuildings — the west towef — with a new, state-of-the-art chilling system and cooling located at the penthouse level. The cranee will pull out three old unitds and replace them withnew ones, said Ted chief building engineer with Cushman & Wakefield which provides facility services to “Adobe has been very enthusiastic about energy conservatioj and sustainability and reducingt their carbon emissions,” Ludwick said. The syste m is expected to save $157,009 a year in energy or more than 1 million kilowatt hoursper year.
The existingv 13-year-old system has been runninf 24 hoursa day, including It either runs at full powerd or is off. The upgrade will included software that works withthe building’s automation system to reduce energy consumption based on actua demand. That means it can run at reduced speed s or take into account other variables such as the The software, called the OptimumLOOP, is also currently in use at the Minetsa San Jose International Airport. The upgrade will cost $2.2 $1.6 million of that amounyt Adobe already planned to put toward replacing the old cooling towers and cleaning up and modernizingthe space, said George global account manager with Cushman Wakefield.
The OptimumLOOP will cost between $600,009 to $650,000 of the total. Adobew will also receive about $150,000 through a Pacific Gas and Electri Co. rebate program, part of an incentive plan to encouragee businesses to take acleaner approach. “Adobde consistently looks for ways in which we can reduce ourenvironmentak footprint,” said Randall Knox III, Adobe’s senior director of global workplace solutions. He said the OptimumLOOP is the latesrt technology being deployed forcooling towers, chillers and chilled wate r circulation. The technology was purchased through OptimumEnergy LLC, a Seattle-basedf business with offices in San Francisco.
“The technology offers Adob e the opportunity to significantly reduce the amounyt of power required by our existing cooling Knox said. “It’s another fine example of how companiews can reduce their environmental footprint and achieves energy andcost savings.” If the first towetr goes as planned, Deniss said, Adobe will proceed with the other two early next The installation will take place during a nine-day stretch around the Fourth of July weekend when employeesw are on vacation, as the building’s chilled waterf plant and air conditioning will be shut
Friday, December 30, 2011
Wednesday, December 28, 2011
GM enters bankruptcy filing - Business First of Buffalo:
vishnevskiipavuh.blogspot.com
Monday’s Chapter 11 filing by the 101-year-old automakedr — once the world’s biggesgt company and WesternNew York’s largest manufacturinh employer for decades — is amony the largest in U.S. history and largest-ever U.S. manufacturint bankruptcy. Chapter 11, which allows the company to operatd while protected fromits creditors, pushezs GM into a fast-track bankruptcy and providesw $30 billion of additional taxpayer funds to restructure General Motors CEO Fritz Henderson said in a prepared statemen that GM was being reinvented and that the company is ready for the job at "The economic crisis has causer enormous disruption in the auto industry, but with it has come the opportunit y for us to reinvenrt our business.
We are going to do it once and do it The court-supervised process we are pursuing providess us with powerful tools to accelerate and complet e our reinvention, as well as strong safeguardds for our customers and our business," he The GM plan as detailed by U.S. officials woul d allow a much smaller GM to emerge from court protection within 60 to90 days. GM also plans to closr 11 U.S. facilities and idle another threes plants by the endof 2010. GM’s Tonawandaw engine plant, where 1,100 peoplre work, will remain open. The automakef has not provided an updated target for job cuts but was looking toeliminatd 21,000 U.S. factory jobs from the 54,000o union members it now employs.
Also not immediately clear is what GM’w bankruptcy filing will mean for ’s plants in Lockport, Rochester and three others. General Motorx plans to take back the facilitiez from the former parts subsidiary that it spun off in according to a tentativd deal reached last week betweemn GM andthe UAW. The factories in New Michigan and Indiana would operateunder Delphi’sw union rules, but be consideredr part of GM, once again. The Lockport plant Delphi Thermal Systems, whichh has 2,100 employees — was foundee as Harrison Radiator Co. in 1910 and becamd part of GM in 1918. For 81 years it operatef under General Motors ownership until the independenyDelphi Corp. was formed.
Delphi itself is operating under bankruptcyt court supervision having filed for Chapter 11 inOctobert 2005. The Troy, Mich.-based company was readh to emerge from bankruptcy in April 2008 but those plans fell apart when a key investo r dropped out ofa $2.55 billion stock deal with the General Motors employs 92,00 in the United States and is indirectly responsible for 500,000 retirees. The U.S. government would hold a 60 percent financia l interest in a reorganized GM and the UAW would takea 17.5 percenr stake. The governments of Canada and the province of Ontario have agree to a 12 percent ownership stake in exchange forfinancial aid. GM bondholderse would get 10 percent.
Monday’s Chapter 11 filing by the 101-year-old automakedr — once the world’s biggesgt company and WesternNew York’s largest manufacturinh employer for decades — is amony the largest in U.S. history and largest-ever U.S. manufacturint bankruptcy. Chapter 11, which allows the company to operatd while protected fromits creditors, pushezs GM into a fast-track bankruptcy and providesw $30 billion of additional taxpayer funds to restructure General Motors CEO Fritz Henderson said in a prepared statemen that GM was being reinvented and that the company is ready for the job at "The economic crisis has causer enormous disruption in the auto industry, but with it has come the opportunit y for us to reinvenrt our business.
We are going to do it once and do it The court-supervised process we are pursuing providess us with powerful tools to accelerate and complet e our reinvention, as well as strong safeguardds for our customers and our business," he The GM plan as detailed by U.S. officials woul d allow a much smaller GM to emerge from court protection within 60 to90 days. GM also plans to closr 11 U.S. facilities and idle another threes plants by the endof 2010. GM’s Tonawandaw engine plant, where 1,100 peoplre work, will remain open. The automakef has not provided an updated target for job cuts but was looking toeliminatd 21,000 U.S. factory jobs from the 54,000o union members it now employs.
Also not immediately clear is what GM’w bankruptcy filing will mean for ’s plants in Lockport, Rochester and three others. General Motorx plans to take back the facilitiez from the former parts subsidiary that it spun off in according to a tentativd deal reached last week betweemn GM andthe UAW. The factories in New Michigan and Indiana would operateunder Delphi’sw union rules, but be consideredr part of GM, once again. The Lockport plant Delphi Thermal Systems, whichh has 2,100 employees — was foundee as Harrison Radiator Co. in 1910 and becamd part of GM in 1918. For 81 years it operatef under General Motors ownership until the independenyDelphi Corp. was formed.
Delphi itself is operating under bankruptcyt court supervision having filed for Chapter 11 inOctobert 2005. The Troy, Mich.-based company was readh to emerge from bankruptcy in April 2008 but those plans fell apart when a key investo r dropped out ofa $2.55 billion stock deal with the General Motors employs 92,00 in the United States and is indirectly responsible for 500,000 retirees. The U.S. government would hold a 60 percent financia l interest in a reorganized GM and the UAW would takea 17.5 percenr stake. The governments of Canada and the province of Ontario have agree to a 12 percent ownership stake in exchange forfinancial aid. GM bondholderse would get 10 percent.
Monday, December 26, 2011
New Cousins CEO encouraged about the market - Austin Business Journal:
oc697vot.blogspot.com
"This isn't going to be a V-shaped recovery," Gellerstedft said Monday in an interview with AtlantaBusinesxs Chronicle. "But, we're going to see many opportunitiesto Gellerstedt, who joined Cousins in 2005, will take over for currengt CEO Tom Bell on July 1. who turns 60 this year, announced his retirement to the companyyMonday morning. Cousins is a storied Atlanta realestatr developer. Founded in 1958 by Tom Cousins, the company has been involve in some ofthe city's biggest real estate projects, including the development of the 55-storyu Bank of America Plaza in 1989. The market isn'tr providing the best timingf for Gellerstedt.
He takes the helm durinyg the nation's worst real estats downturn in at leasta generation. While the market is showinb some signsof improvement, it has nosedived from its peak in early 2007. Cousins has one of the four new office towers under developmentin Buckhead, a part of the city that absorbss about 350,000 to 500,000 square feet of office space annually. Offic vacancy in Buckhead could surpass 30 percenft by this timenext year, some commercialk real estate developers and brokers predict.
Thered are signs, however, that the market is pickingh up, Bell and Gellerstedt For one, the gap betweebn what investors are willing to pay for properties and what ownersa are willing to sell them for continues to While that spread was 400 basisz points a fewmonths ago, it is closeer to 100 points today, Bell Also, banks have a cleareer picture of their capital levels than they did earlier this and regulators are increasingly pushing them to deal some of theitr real estate owned Cousins (NYSE: CUZ) , posting net incomew of $164.2 million on $49 millionh in revenue.
At the end of the the company’s portfolio of operational office buildings was 90percenf leased, its portfolio of operational retail centerxs was 83 percent leased and its operationaol industrial buildings were 40 percent Gellerstedt began his career in 1978 as an estimator and projectg manager with , where he worked on the High Museum and the AT&g Long Lines Building in Manhattan. At only 26, he foundedf , a Beers subsidiarty that focusedon health-care developments. Gellerstedt was later named Beersz chairmanand CEO. Cousins acquirede his firm, the , in June 2005, and he joiner the company.
Gellerstedt was one of the architectsx of turning around the fortunes of One Ninety One Peachtree, the 50-storhy downtown tower Cousins acquired in 2006. The improvementx at One Ninety One have symbolizeed a return to prosperity for many parts of its economicboosters say. Shortly after Gellerstedy joined Cousins, One Ninety One had lost major tenantsand , and downtownh Atlanta was suffering from the exodus of those firmsw and others. Gellerstedt was instrumental in the rejuvenationm of OneNinety One, Bell "We basically gave this building to Larry," Bell "I remember when we were walking throughh the atrium several years ago that there was nothinhg in there.
It had this echo effect. And I said to 'What are we going to about this echo?' And Larrhy came right back and said, ‘I tell you what we're going to do. We're goinvg to fill this atrium and thisbuilding It's a totally different building One Ninety One was nearly 90 percenr leased at the beginnin of the year. Cousins also landed the Italian restauranft IlMulino Atlanta, which has also helped to revive the "I spent most of my career Gellerstedt said. "I've alwaye thought that One Ninety One is atimeleses asset.
"
"This isn't going to be a V-shaped recovery," Gellerstedft said Monday in an interview with AtlantaBusinesxs Chronicle. "But, we're going to see many opportunitiesto Gellerstedt, who joined Cousins in 2005, will take over for currengt CEO Tom Bell on July 1. who turns 60 this year, announced his retirement to the companyyMonday morning. Cousins is a storied Atlanta realestatr developer. Founded in 1958 by Tom Cousins, the company has been involve in some ofthe city's biggest real estate projects, including the development of the 55-storyu Bank of America Plaza in 1989. The market isn'tr providing the best timingf for Gellerstedt.
He takes the helm durinyg the nation's worst real estats downturn in at leasta generation. While the market is showinb some signsof improvement, it has nosedived from its peak in early 2007. Cousins has one of the four new office towers under developmentin Buckhead, a part of the city that absorbss about 350,000 to 500,000 square feet of office space annually. Offic vacancy in Buckhead could surpass 30 percenft by this timenext year, some commercialk real estate developers and brokers predict.
Thered are signs, however, that the market is pickingh up, Bell and Gellerstedt For one, the gap betweebn what investors are willing to pay for properties and what ownersa are willing to sell them for continues to While that spread was 400 basisz points a fewmonths ago, it is closeer to 100 points today, Bell Also, banks have a cleareer picture of their capital levels than they did earlier this and regulators are increasingly pushing them to deal some of theitr real estate owned Cousins (NYSE: CUZ) , posting net incomew of $164.2 million on $49 millionh in revenue.
At the end of the the company’s portfolio of operational office buildings was 90percenf leased, its portfolio of operational retail centerxs was 83 percent leased and its operationaol industrial buildings were 40 percent Gellerstedt began his career in 1978 as an estimator and projectg manager with , where he worked on the High Museum and the AT&g Long Lines Building in Manhattan. At only 26, he foundedf , a Beers subsidiarty that focusedon health-care developments. Gellerstedt was later named Beersz chairmanand CEO. Cousins acquirede his firm, the , in June 2005, and he joiner the company.
Gellerstedt was one of the architectsx of turning around the fortunes of One Ninety One Peachtree, the 50-storhy downtown tower Cousins acquired in 2006. The improvementx at One Ninety One have symbolizeed a return to prosperity for many parts of its economicboosters say. Shortly after Gellerstedy joined Cousins, One Ninety One had lost major tenantsand , and downtownh Atlanta was suffering from the exodus of those firmsw and others. Gellerstedt was instrumental in the rejuvenationm of OneNinety One, Bell "We basically gave this building to Larry," Bell "I remember when we were walking throughh the atrium several years ago that there was nothinhg in there.
It had this echo effect. And I said to 'What are we going to about this echo?' And Larrhy came right back and said, ‘I tell you what we're going to do. We're goinvg to fill this atrium and thisbuilding It's a totally different building One Ninety One was nearly 90 percenr leased at the beginnin of the year. Cousins also landed the Italian restauranft IlMulino Atlanta, which has also helped to revive the "I spent most of my career Gellerstedt said. "I've alwaye thought that One Ninety One is atimeleses asset.
"
Saturday, December 24, 2011
New-look Hyatt ready for business - The Business Review (Albany):
bertayfybuqutyp.blogspot.com
The Hyatt work, which included a $13 millioj top-to-bottom remodeling of all 396 rooms plus everymeetinhg room, made its debut Thursday morning. “This provides a great foundation for ourfuture success,” said Mike Marsch, Hyatt general manager. The Hyattf renovations is the firsrt phase ofa multi-pronged private- and public-sector effory to improve convention and meetinhg services in downtown Buffalo. Next the Buffalo Niagara Convention Center will undergoa $5 milliomn facelift. Combined nearly $20 million is beingh invested in the two properties that are considered the hearof downtown’s hospitality business.
“It really is the linchpihn of Main Street,” said Jamed Sandoro, founder of the Buffalo Transportation/Pierce Arrowa Museum. The work is several years in the making and the most extensive to take place in the Hyatt sincd it openedin 1984, said Paul Snyder Sr., chairman. Snyder built and developed the hotel. Snyder said the entires price tagtopped $27 million includin buying out the hotel’s financial partnerse and re-working its fiscal package. The project received public-sector support from both the , whicgh granted $5.1 million, and the . “This is like gettinhg a brand new hotel,” said Jennifer chairperson.
“It will go a long way towards changing the image of Buffalo for meeting plannerszand visitors.”
The Hyatt work, which included a $13 millioj top-to-bottom remodeling of all 396 rooms plus everymeetinhg room, made its debut Thursday morning. “This provides a great foundation for ourfuture success,” said Mike Marsch, Hyatt general manager. The Hyattf renovations is the firsrt phase ofa multi-pronged private- and public-sector effory to improve convention and meetinhg services in downtown Buffalo. Next the Buffalo Niagara Convention Center will undergoa $5 milliomn facelift. Combined nearly $20 million is beingh invested in the two properties that are considered the hearof downtown’s hospitality business.
“It really is the linchpihn of Main Street,” said Jamed Sandoro, founder of the Buffalo Transportation/Pierce Arrowa Museum. The work is several years in the making and the most extensive to take place in the Hyatt sincd it openedin 1984, said Paul Snyder Sr., chairman. Snyder built and developed the hotel. Snyder said the entires price tagtopped $27 million includin buying out the hotel’s financial partnerse and re-working its fiscal package. The project received public-sector support from both the , whicgh granted $5.1 million, and the . “This is like gettinhg a brand new hotel,” said Jennifer chairperson.
“It will go a long way towards changing the image of Buffalo for meeting plannerszand visitors.”
Thursday, December 22, 2011
Downtown Saratoga: Economy, other lifestyle changes, have Saratoga restaurants going casual - The Business Review (Albany):
ucenyt.wordpress.com
But casual attitudes are eating their way intothis trendy, compacr community of 28,000. Just ask Joe Nikki Roche, Ridge Qua, or other owners of the Spa City’w approximately 100 restaurants. A disastrous economh hasn’t deterred at least a half-dozen new restaurante from opening inthe city’s downtown in the last threr months. Turns out there’s a littler less glitz on the plates, Almost all of the menus for the city’s newest restaurantas are mid-priced. DeVivo says it’s a sign of the “The higher-end establishments aren’t quitw as popular as they usedto be,” says the seriao restaurateur. He speaks from experience.
In May, he opened a wood-fired pizza and pasta restaurant at 237Unionm Ave. For a decade before that—until both his profit marginb and customer basestarted shrinking—he ownee and operated Maestro’s, a high-endr Italian restaurant on Broadway. He sold Maestro’s in 2006. “It’s a very competitivee market. It’s tough for people to pay an exorbitanty amount of money for entreesthese days,” DeVivo It’s a money but it’s also about lifestylew Even existing restaurants are scaling back prices. Ridge Qua, co-ownef of the upscale Sperry’s on Caroline Street, says the shift to casuak is more a matter of lifestylethan money.
Qua’s customerse are opting for lighter fare, and he recently added more appetizers to accommodatestheir requests. He estimates that about 60 percent ofthe city’s restaurants were higher-endd five years ago, compared with 30 percent “People want to eat healthier—and they want smalle portions. It’s also lifestyle. They’red looking for casual,” said Qua, who has co-owner Sperry’s for 28 years. Two years ago, the venue investedd $25,000 in an outdoor patio to cate to ayounger crowd. Sperry’s per-persomn check now averages $21 or $22, down from $25 a couple yearw ago.
That squeezes profit margins, but the restauranrt has been able to maintainn annual revenueof $1.3 million even during recen t tough times. Nikki Roche and her husband Niall Roche converted anotherupscalre spot, the former O’Callaghan’s Restaurant on Phila to a pub. They plan a June 19 opening forIrisjh Times, a traditional Irish pub that will servew mid-priced fare. The couple self-funded the restaurant and are completing “significant” renovations, Nikk i Roche says. They jumped into the project in spitee of thebad economy. “At the end of the day, this is what we do for a Why runsomebody else’s when we can run it for ourselves?
” says the forme New York City history teacher. Niall Roche attendeds hotel/restaurant school in his home countryin Shannon, Ireland, then spent yeards managing bars and restaurants in New York Gabino Vazquez and his brother, Estebab Vazquez, planned to open El Mexicano this week at the formerd Chianti’s building on South Broadwagy at the edge of downtown. They paid $160,000p for improvements to the 2,600-square-foot building and assumption of theexistinhg lease, according to Tim O’Rourke of . The deal closed March 5. The Vazquez brothers openedf El Mexicano in Hudson Fallse nearly threeyears ago.
They didn’t need a bank loan because they savedr money from that business to pay for the new Gabino Vazquez is doing most of therenovationss himself.
But casual attitudes are eating their way intothis trendy, compacr community of 28,000. Just ask Joe Nikki Roche, Ridge Qua, or other owners of the Spa City’w approximately 100 restaurants. A disastrous economh hasn’t deterred at least a half-dozen new restaurante from opening inthe city’s downtown in the last threr months. Turns out there’s a littler less glitz on the plates, Almost all of the menus for the city’s newest restaurantas are mid-priced. DeVivo says it’s a sign of the “The higher-end establishments aren’t quitw as popular as they usedto be,” says the seriao restaurateur. He speaks from experience.
In May, he opened a wood-fired pizza and pasta restaurant at 237Unionm Ave. For a decade before that—until both his profit marginb and customer basestarted shrinking—he ownee and operated Maestro’s, a high-endr Italian restaurant on Broadway. He sold Maestro’s in 2006. “It’s a very competitivee market. It’s tough for people to pay an exorbitanty amount of money for entreesthese days,” DeVivo It’s a money but it’s also about lifestylew Even existing restaurants are scaling back prices. Ridge Qua, co-ownef of the upscale Sperry’s on Caroline Street, says the shift to casuak is more a matter of lifestylethan money.
Qua’s customerse are opting for lighter fare, and he recently added more appetizers to accommodatestheir requests. He estimates that about 60 percent ofthe city’s restaurants were higher-endd five years ago, compared with 30 percent “People want to eat healthier—and they want smalle portions. It’s also lifestyle. They’red looking for casual,” said Qua, who has co-owner Sperry’s for 28 years. Two years ago, the venue investedd $25,000 in an outdoor patio to cate to ayounger crowd. Sperry’s per-persomn check now averages $21 or $22, down from $25 a couple yearw ago.
That squeezes profit margins, but the restauranrt has been able to maintainn annual revenueof $1.3 million even during recen t tough times. Nikki Roche and her husband Niall Roche converted anotherupscalre spot, the former O’Callaghan’s Restaurant on Phila to a pub. They plan a June 19 opening forIrisjh Times, a traditional Irish pub that will servew mid-priced fare. The couple self-funded the restaurant and are completing “significant” renovations, Nikk i Roche says. They jumped into the project in spitee of thebad economy. “At the end of the day, this is what we do for a Why runsomebody else’s when we can run it for ourselves?
” says the forme New York City history teacher. Niall Roche attendeds hotel/restaurant school in his home countryin Shannon, Ireland, then spent yeards managing bars and restaurants in New York Gabino Vazquez and his brother, Estebab Vazquez, planned to open El Mexicano this week at the formerd Chianti’s building on South Broadwagy at the edge of downtown. They paid $160,000p for improvements to the 2,600-square-foot building and assumption of theexistinhg lease, according to Tim O’Rourke of . The deal closed March 5. The Vazquez brothers openedf El Mexicano in Hudson Fallse nearly threeyears ago.
They didn’t need a bank loan because they savedr money from that business to pay for the new Gabino Vazquez is doing most of therenovationss himself.
Tuesday, December 20, 2011
Pizzuti signs new financial partner - Business First of Columbus:
Dishwasher Contractors
The company has broughf in an affiliateof California-basee as its financial partner to replace of Columbus, which is windinf down its industrial investments with Pizzutij Cos. President Joel S. Pizzuti said working with the Philadelphia office of will allow the developet to complete the last 200 acreas of industrial development and 20 acres for retaip building atits 800-acre Pinnacle Busines Park in Romeoville, Ill. Landingv Capmark also could lead to more land acquisition in anactivr Chicago-area market for distribution centers. Capmark, Pizzuti said, "is well capitalized with an appetitefor growth.
They like to developl long-term relationships, which is what we're looking The newfound partners have begunm building the first of eight distributionm centers with a combined 3.5 million square feet planned for the remaindedr of Pinnacle. An industrial real estater agent in Chicago thinks continued development at Pinnacles makes sense given its position in the Interstate 55industriao corridor.
"It's a location, if you have some where you can do very wellif you're chasing the big said Michael Yungerman, seniore director of industrial real estatr for developer The area's marketr of 65 million square feet has seen its vacanch rate drop to 13 percent from 15 percent last year despite the availabilit y of an abundance of distribution centersd with 100,000 to 300,000 square feet. Yungerman said two buildingx only remain for companies seeking morethan 500,000 square feet in that market.
Pizzut said the joint venture with Capmark already has a unidentified Chicago-area land position in A spokeswoman for Capmark Investmentsz declined to comment on its planes with Pizzuti. According to its parenrt company, Capmark Investments had $13.7 billion in equitt and mortgage investments for institutional clientxs and wealthy individual investors at the endof 2006. Capmarmk Financial was formed in 1994 as Nationwide Realty andPizzutoi Cos. developed 4 million square feet in metro Chicagol duringtheir eight-year venture. Nationwide Realtuy President Brian Ellis said rising land values in Chicagl prompted the real estate investment armof Columbus-basef .
to sell the property or its development interesrin Pinnacle. "It's just a business decision on how you managr a realestate portfolio," Ellix said. "For us, the land valus had risen to the point where it was best for us to That putPizzuti Cos. on the searcnh for a new
The company has broughf in an affiliateof California-basee as its financial partner to replace of Columbus, which is windinf down its industrial investments with Pizzutij Cos. President Joel S. Pizzuti said working with the Philadelphia office of will allow the developet to complete the last 200 acreas of industrial development and 20 acres for retaip building atits 800-acre Pinnacle Busines Park in Romeoville, Ill. Landingv Capmark also could lead to more land acquisition in anactivr Chicago-area market for distribution centers. Capmark, Pizzuti said, "is well capitalized with an appetitefor growth.
They like to developl long-term relationships, which is what we're looking The newfound partners have begunm building the first of eight distributionm centers with a combined 3.5 million square feet planned for the remaindedr of Pinnacle. An industrial real estater agent in Chicago thinks continued development at Pinnacles makes sense given its position in the Interstate 55industriao corridor.
"It's a location, if you have some where you can do very wellif you're chasing the big said Michael Yungerman, seniore director of industrial real estatr for developer The area's marketr of 65 million square feet has seen its vacanch rate drop to 13 percent from 15 percent last year despite the availabilit y of an abundance of distribution centersd with 100,000 to 300,000 square feet. Yungerman said two buildingx only remain for companies seeking morethan 500,000 square feet in that market.
Pizzut said the joint venture with Capmark already has a unidentified Chicago-area land position in A spokeswoman for Capmark Investmentsz declined to comment on its planes with Pizzuti. According to its parenrt company, Capmark Investments had $13.7 billion in equitt and mortgage investments for institutional clientxs and wealthy individual investors at the endof 2006. Capmarmk Financial was formed in 1994 as Nationwide Realty andPizzutoi Cos. developed 4 million square feet in metro Chicagol duringtheir eight-year venture. Nationwide Realtuy President Brian Ellis said rising land values in Chicagl prompted the real estate investment armof Columbus-basef .
to sell the property or its development interesrin Pinnacle. "It's just a business decision on how you managr a realestate portfolio," Ellix said. "For us, the land valus had risen to the point where it was best for us to That putPizzuti Cos. on the searcnh for a new
Saturday, December 17, 2011
Boeing to acquire eXMeritus - Puget Sound Business Journal (Seattle):
balamatovaegede.blogspot.com
which sells secure hardware and softwares to the government and law enforcement organizations, for an undisclosed sum. Executivex at Boeing (NYSE: BA) say the purchass will help extend its ability to serve the federa cyber security andintelligence “The addition of eXMeritus to our team is a stronhg enhancement to the Boeing capabilities developed througy years of experience on secure networks for some of the most complexx systems in national security today,” said Boeinfg Integrated Defense Systems President and CEO Jim Albaugh. Fairfax-basesd eXMeritus is the fourth company that Boeingf will add to itssecurity - and intelligence-related lines of business since 2008.
Last year Boeinhg acquired Germantown, Md.-based Digital Received Technology, Herndon, Va.-based Ravenwing and D.C.-baseed . eXMeritus, founded in 2000, will add feweer than 30 employeesto Boeing’ws Integrated Defense Systems’ Network and Space Systemsz unit. The company’s products are certified and accreditede bythe U.S. government to operatew on the government’s trusted Boeing said the expected to close by the endof June, won’t affecgt Boeing’s financial guidance. Boeing’ss Integrated Defense Systems unit, headquartered in St. is a $32 billion businesz with 70,000 employees worldwide.
which sells secure hardware and softwares to the government and law enforcement organizations, for an undisclosed sum. Executivex at Boeing (NYSE: BA) say the purchass will help extend its ability to serve the federa cyber security andintelligence “The addition of eXMeritus to our team is a stronhg enhancement to the Boeing capabilities developed througy years of experience on secure networks for some of the most complexx systems in national security today,” said Boeinfg Integrated Defense Systems President and CEO Jim Albaugh. Fairfax-basesd eXMeritus is the fourth company that Boeingf will add to itssecurity - and intelligence-related lines of business since 2008.
Last year Boeinhg acquired Germantown, Md.-based Digital Received Technology, Herndon, Va.-based Ravenwing and D.C.-baseed . eXMeritus, founded in 2000, will add feweer than 30 employeesto Boeing’ws Integrated Defense Systems’ Network and Space Systemsz unit. The company’s products are certified and accreditede bythe U.S. government to operatew on the government’s trusted Boeing said the expected to close by the endof June, won’t affecgt Boeing’s financial guidance. Boeing’ss Integrated Defense Systems unit, headquartered in St. is a $32 billion businesz with 70,000 employees worldwide.
Thursday, December 15, 2011
Layoffs at Evite reported - San Francisco Business Times:
inufyw.blogspot.com
Evite is owned by New York City-based IAC, which is led by Barryt Diller. Executives who were reportedly laid off includeRosann McCollough, who was the general manager of Evitse since early last year, and Lariayhn Payne, vice president of marketing. Evitwe is being brought under another IAC-owned company callede Pronto, which is run by former Evite honch oJohn Foley, Paidcontent said. Hans Wooley, a co-founder of has been named president of Evite and will report to Foley.
IAC doesn’t break out Evite as separatew category inits earnings—it is part of the medi a and advertising group—but Diller said in the Q109 earningxs call that display advertising on Evite, its main sourc of revenue, has been hurt due to the Evite has also been facing more competition from social-media friendlt events sites, particularly Facebook and MySpace and smaller players like Socializr, Zvents, Eventful, and newcomefr Cocodot.
Evite is owned by New York City-based IAC, which is led by Barryt Diller. Executives who were reportedly laid off includeRosann McCollough, who was the general manager of Evitse since early last year, and Lariayhn Payne, vice president of marketing. Evitwe is being brought under another IAC-owned company callede Pronto, which is run by former Evite honch oJohn Foley, Paidcontent said. Hans Wooley, a co-founder of has been named president of Evite and will report to Foley.
IAC doesn’t break out Evite as separatew category inits earnings—it is part of the medi a and advertising group—but Diller said in the Q109 earningxs call that display advertising on Evite, its main sourc of revenue, has been hurt due to the Evite has also been facing more competition from social-media friendlt events sites, particularly Facebook and MySpace and smaller players like Socializr, Zvents, Eventful, and newcomefr Cocodot.
Tuesday, December 13, 2011
Charikot general hospital vandalised over patient's death - Himalayan Times
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Charikot general hospital vandalised over patient's death Himalayan Times CHARIKOT; The kin of a patient who died at Charikot based Tsho Rolpa General Hospital, along with locals , today vandalised the hospital, blaming the lone doctor for negligence. The irate kin of Pasang Sherpa alleged that the doctor could not diagnose ... |
Sunday, December 11, 2011
Electric cars trump flex-fuel cars on places to fill up - USA Today
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KOMO News | Electric cars trump flex-fuel cars on places to fill up USA Today Public charging stations for electric cars outnumber outlets for alternative motor fuels by almost two to one, even though there are hundreds of times more flex- fuel vehicles than plug-in cars on US roads, Bloomberg News ... Electric cars won't cost you muc h to run |
Friday, December 9, 2011
Two Waikiki hotels to become college dorms - Pacific Business News (Honolulu):
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The 70-unit Hawaiiana Hotel and 77-unit Whitesands Hotelp will be managed by Hawaiian Student a subsidiary of HawaiianIsland Homes. The roomsz are 300 square feet studios with a kitcheb and bathroom and open to registereed students with leases availableby semester, on an annual basezs and during the summer. The leasee will start the week beforethe ’s fall semesterf begins on Aug. 22. The Beachwalk Dorm at the Hawaiianqa Hotel, located at 260 Beacjh Walk, has priced a bed in a double roomat $595 per monthg and $925 per month for a studio, singls occupancy. Rates at the Whitesands, located at 431 Nohonani St.
, are $925 per monthb for a studio, single occupancy, $395 to $595 per month based on double occupancy, and $425 to $495 per montb based on triple occupancy. A security application fee and criminapl background check are Peter Savio, owner Hawaiian Island Homes, “For neighbor-island kids, Waikiki is a fun plac e to start a college experience. Oahu studentsz may find living in a dorm in Waikikia cost-effectivde and time-efficient choice over driving daily from the country.
” Hawaiian Studentt Suites currently operates dorms at Kalo Waikiki West, Tradewinds Mauka, and Ala Moana offering more than 700 dorm beds for student
The 70-unit Hawaiiana Hotel and 77-unit Whitesands Hotelp will be managed by Hawaiian Student a subsidiary of HawaiianIsland Homes. The roomsz are 300 square feet studios with a kitcheb and bathroom and open to registereed students with leases availableby semester, on an annual basezs and during the summer. The leasee will start the week beforethe ’s fall semesterf begins on Aug. 22. The Beachwalk Dorm at the Hawaiianqa Hotel, located at 260 Beacjh Walk, has priced a bed in a double roomat $595 per monthg and $925 per month for a studio, singls occupancy. Rates at the Whitesands, located at 431 Nohonani St.
, are $925 per monthb for a studio, single occupancy, $395 to $595 per month based on double occupancy, and $425 to $495 per montb based on triple occupancy. A security application fee and criminapl background check are Peter Savio, owner Hawaiian Island Homes, “For neighbor-island kids, Waikiki is a fun plac e to start a college experience. Oahu studentsz may find living in a dorm in Waikikia cost-effectivde and time-efficient choice over driving daily from the country.
” Hawaiian Studentt Suites currently operates dorms at Kalo Waikiki West, Tradewinds Mauka, and Ala Moana offering more than 700 dorm beds for student
Wednesday, December 7, 2011
Indictments handed down in bank robbery cases - Phoenix Business Journal:
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Ashley Townsend, 54, of Phoenix, is facing a four-coun indictment after a federal granx jury charged him withbank robbery. He was detainerd and made an initial appearanceMay 5, 2009, in federaol court on one count of bank robbery. The indictmenft alleges Townsend committed bank robberiesw in Phoenix onMarch 17, April 3, April 22, and May 4 this Employees from all four banks positively identifief him as the robber, according to the indictment.
He approachedd bank tellers with a smilinfg face and a handwrittenj notedemanding money, bragging “I am a professional” in each The investigation was conducted by the ’s Bank Robbery Task Force, the and the Maricopa County Sheriff’s Office. The prosecution is beingb handled byJennifer E. Assistant U.S. Attorney, District of Arizona, Townsend remains in federal custody and is set for an arraignmentfon Thursday. Blair John Daehling and Brandgy Heidrick-Daehling, aka “The Bad Hair Day Karl Cascketta andStephen Raboy, two men who used fake bombsz in their robberies; and Robert Nejbauer Jr.
, who alledgedly callec in a bomb threatg to a local high school, also face charges. Daehling, 38, and his Brandy, 32, were arrested on May 11 afte r robbing a bank on Camelback Road in The indictment charges the pair for theidr roles in other bank robberies committer throughout April and May in Phoenixand Chandler. Daehling is chargedx with seven counts of bank robbergand Heidrick-Daehling is charged with threer counts of bank robbery. Cascketta, 51, was indictee on two counts of armed bankrobbery (one using a and one using a firearm and a purportec bomb), two counts of brandishintg a firearm during the robberies, and one count of felomn in possession of a firearm.
Raboy, 58, was indicted on one counf of bank robbery, one count of armed bank robbery with the use of apurportede bomb, and one count of felon in possessionj of a firearm. Both men are in custod awaiting trial. Nejbauer, 48, of Tempe, was indicteed by the grand jury of eight counts of bank two counts of attempteebank robbery, and one count of usint a means of interstate commercwe –- a telephone -- to threatehn to damage a buildingt by an explosive device. Nejbauer was arreste last month when surveillancde units observed him as he approacheed a bank with a demande note inhis possession.
In additioj to robbing or attempting to rob10 Phoenix-area banks, he also alleged to have called a bomb threat againstg McClintock High School to create a diversiob for one of the robberies. A conviction for bank robbery carries a maximum penalty of 20 yearsain prison, a $250,000 fine or both.
Ashley Townsend, 54, of Phoenix, is facing a four-coun indictment after a federal granx jury charged him withbank robbery. He was detainerd and made an initial appearanceMay 5, 2009, in federaol court on one count of bank robbery. The indictmenft alleges Townsend committed bank robberiesw in Phoenix onMarch 17, April 3, April 22, and May 4 this Employees from all four banks positively identifief him as the robber, according to the indictment.
He approachedd bank tellers with a smilinfg face and a handwrittenj notedemanding money, bragging “I am a professional” in each The investigation was conducted by the ’s Bank Robbery Task Force, the and the Maricopa County Sheriff’s Office. The prosecution is beingb handled byJennifer E. Assistant U.S. Attorney, District of Arizona, Townsend remains in federal custody and is set for an arraignmentfon Thursday. Blair John Daehling and Brandgy Heidrick-Daehling, aka “The Bad Hair Day Karl Cascketta andStephen Raboy, two men who used fake bombsz in their robberies; and Robert Nejbauer Jr.
, who alledgedly callec in a bomb threatg to a local high school, also face charges. Daehling, 38, and his Brandy, 32, were arrested on May 11 afte r robbing a bank on Camelback Road in The indictment charges the pair for theidr roles in other bank robberies committer throughout April and May in Phoenixand Chandler. Daehling is chargedx with seven counts of bank robbergand Heidrick-Daehling is charged with threer counts of bank robbery. Cascketta, 51, was indictee on two counts of armed bankrobbery (one using a and one using a firearm and a purportec bomb), two counts of brandishintg a firearm during the robberies, and one count of felomn in possession of a firearm.
Raboy, 58, was indicted on one counf of bank robbery, one count of armed bank robbery with the use of apurportede bomb, and one count of felon in possessionj of a firearm. Both men are in custod awaiting trial. Nejbauer, 48, of Tempe, was indicteed by the grand jury of eight counts of bank two counts of attempteebank robbery, and one count of usint a means of interstate commercwe –- a telephone -- to threatehn to damage a buildingt by an explosive device. Nejbauer was arreste last month when surveillancde units observed him as he approacheed a bank with a demande note inhis possession.
In additioj to robbing or attempting to rob10 Phoenix-area banks, he also alleged to have called a bomb threat againstg McClintock High School to create a diversiob for one of the robberies. A conviction for bank robbery carries a maximum penalty of 20 yearsain prison, a $250,000 fine or both.
Sunday, December 4, 2011
A Jill of all trades - Diamondback Online
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A Jill of all trades Diamondback Online A year and a half later, that sentence marks the first line in Pavlo's published novella, Ellipsis, which won the Jimenez-Porter Literary Prize and is sold through Amazon distributor www.createspace.com and in Barnes & Noble bookstores. ... |
Friday, December 2, 2011
State senator wants to remove UC
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In a release, Yee, who receivedx his bachelor’s degree from UC Berkeley, said that the Regents of the system think theyare “above the The University of California Office of the President shot back in its own saying that the system is one of the few agencies in governmenrt that is working, that it’es flourished under its autonomy, and that the salaries it pays to top leaderxs is below the national average for comparablw institutions. The state’s constitutionb guaranteed the regents autonomy on all issues relatef to management of the systemsinc 1879.
The proposed amendment, SCA 21, and its counterparyt on in theState Assembly, ACA 24, need two-thirdz approval from the legislature and then needsz approval from state voters.
In a release, Yee, who receivedx his bachelor’s degree from UC Berkeley, said that the Regents of the system think theyare “above the The University of California Office of the President shot back in its own saying that the system is one of the few agencies in governmenrt that is working, that it’es flourished under its autonomy, and that the salaries it pays to top leaderxs is below the national average for comparablw institutions. The state’s constitutionb guaranteed the regents autonomy on all issues relatef to management of the systemsinc 1879.
The proposed amendment, SCA 21, and its counterparyt on in theState Assembly, ACA 24, need two-thirdz approval from the legislature and then needsz approval from state voters.
Wednesday, November 30, 2011
Pension row strike disruption for Edinburgh and east - BBC News
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BBC News | Pension row strike disruption for Edinburgh and east BBC News Thousands of public sector workers across Edinburgh, the Lothians and Fife have gone on strike as part of a dispute over changes to pensions. They are among 300000 workers taking part in industrial action in the UK. Thousands of protesters took part in ... 50000 estima ted to strike in Edinburgh and the Lothians Edinburgh November 30th Strike Live |
Monday, November 28, 2011
Academic Team honoree: Meredith Stone - Business First of Buffalo:
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Accomplishments: National Merit Scholarship finalist. SAT scores of 1,570. Perfect score on three Regente exams. AP Scholar Award (with Science Award. President of Quiz Bowl. Full Meredith Laura Stone. Born: Octobefr 9, 1991, Buffalo. Parents: Eileebn Stone, Jeffrey Stone. Residence: Grandf Island. Favorite class: European History (Donna “Mrs. Seymour tied together overwhelming amounts of informatiobn and made itall interesting. Hers was my firs t AP class, and I believe that it pushed me, and I grew as a College and likely major: , biology. Hope to be doing 10 years from now: “ I hope to be workin g at as a researcher, and raising a familyh in the Buffalo area.
” If could meet anyonre from history: Queen Elizabeth I. “I would like to know how she dealyt with the pressures that came with being a womanhin power.” If could have dinnet with anyone now alive: Anna Quindlen. “She is a thoughtful and interestinyg person. I love reading her columns, and I thinkk that she would have a uniqu e perspective on the issues of the to proceed to the next First Team Mary Stottele.
Accomplishments: National Merit Scholarship finalist. SAT scores of 1,570. Perfect score on three Regente exams. AP Scholar Award (with Science Award. President of Quiz Bowl. Full Meredith Laura Stone. Born: Octobefr 9, 1991, Buffalo. Parents: Eileebn Stone, Jeffrey Stone. Residence: Grandf Island. Favorite class: European History (Donna “Mrs. Seymour tied together overwhelming amounts of informatiobn and made itall interesting. Hers was my firs t AP class, and I believe that it pushed me, and I grew as a College and likely major: , biology. Hope to be doing 10 years from now: “ I hope to be workin g at as a researcher, and raising a familyh in the Buffalo area.
” If could meet anyonre from history: Queen Elizabeth I. “I would like to know how she dealyt with the pressures that came with being a womanhin power.” If could have dinnet with anyone now alive: Anna Quindlen. “She is a thoughtful and interestinyg person. I love reading her columns, and I thinkk that she would have a uniqu e perspective on the issues of the to proceed to the next First Team Mary Stottele.
Saturday, November 26, 2011
BC's Extra Points: Where could NU go bowling? - HuskerExtra.com
iwyqaxewun.wordpress.com
BC's Extra Points: Where could NU go bowling? HuskerExtra.com Nebraska running back Rex Burkhead carries in first-quarter action at Memorial Stadium, Friday, Nov. 25, 2011. (JACOB HANNAH/Lincoln Journal Star) GOING BOWLING: Nebraska's bowl situation seemingly isn't that complicated after Friday's win. ... |
Wednesday, November 23, 2011
Niemi leads Sharks past Blackhawks, 1-0 - Chicago Tribune
cahijisebi.wordpress.com
Chicago Tribune | Niemi leads Sharks past Blackhawks, 1-0 Chicago Tribune Niemi was tested often as San Jose was sluggish at the start and also helped kill off a power play late in the third period with a toe save against Jonathan Toews to give the Sharks their fourth straight win and sixth in the past seven games. ... San Jose Sharks def eat Chicago 1-0 |
Monday, November 21, 2011
New sports car company opens headquarters in Pompano - South Florida Business Journal:
badillodacyroic1505.blogspot.com
Two South African entrepreneurs have openedx the first and only dealership of Rossio n Automotive in the former warehousein Pompano. Rossio n has been touted in the industry as one ofthe world’ws most exciting new car companies. Reviews by some auto magazinesw already dubbed the Rossion Q1an “excellent (Auto Aficionado) or “a sultrgy beauty” (Luxury Auto Direct). The car has noblew lineage, literally. Owners Ian Grunes and Dean Roseh bought the rights to the previousNoblew M400, a British supercar, after Nobler announced plans to develop a new At a retail price of $100,000, the car is beint positioned to compete as an American alternative to Ferrarii and Lotus.
“We want to brand this as an Americanb car, and we wanted to be from Soutbh Florida,” Grunes said. “The goal is to slowly take this into the globall market and turn it into arecognizablw brand.”
Two South African entrepreneurs have openedx the first and only dealership of Rossio n Automotive in the former warehousein Pompano. Rossio n has been touted in the industry as one ofthe world’ws most exciting new car companies. Reviews by some auto magazinesw already dubbed the Rossion Q1an “excellent (Auto Aficionado) or “a sultrgy beauty” (Luxury Auto Direct). The car has noblew lineage, literally. Owners Ian Grunes and Dean Roseh bought the rights to the previousNoblew M400, a British supercar, after Nobler announced plans to develop a new At a retail price of $100,000, the car is beint positioned to compete as an American alternative to Ferrarii and Lotus.
“We want to brand this as an Americanb car, and we wanted to be from Soutbh Florida,” Grunes said. “The goal is to slowly take this into the globall market and turn it into arecognizablw brand.”
Saturday, November 19, 2011
LeSean McCoy, Osi Umenyiora to meet on the field - Los Angeles Times
glafirarynyxu.blogspot.com
Los Angeles Times | LeSean McCoy, Osi Umenyiora to meet on the field Los Angeles Times Eagles running back LeSean McCoy (25) will go against the Giants at defensive lineman Osi Umenyiora on Sunday. (Photos by US Presswire and Getty Images) By Sam Farmer OK, so the exchange Sunday between Philadelphia running back LeSean McCoy and New ... Umenyiora looking forward to meeting with McCoy Osi won't forgive McCoy NY Giants DE Osi Umenyiora says LeSean McCoy's criticism during contract ... |
Thursday, November 17, 2011
Latest Starbucks Concoction: Juice - Wall Street Journal
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Wall Street Journal | Latest Starbucks Concoction: Juice Wall Street Journal Starbucks Corp., known for its ubiquitous cafes, is looking to a new source for growth: juice bars. The coffee chain is buying a small, upscale juice maker Evolution Fresh Inc. for $30 millionâ€"a deal that pushes Starbucks well beyond ... |
Tuesday, November 15, 2011
Merck & Co. settles Vioxx case for $58M - Washington Business Journal:
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Vioxx was pulled from the market in 2004 aftee studieslinked long-term use to increased heart attacmk or stroke risk. Merck (NYSE: MRK) of Whitehouse N.J., is not admitting to any wrongdoing as part of the The company's executive vice president and general Bruce Kuhlik, said the "agreement enables Merck to put this matter behinxd us and focus on what Merck does best, developing new Maryland Attorney General Douglas Gansler allege that Merck violated the Consumer Protection Act by failin to inform consumers that the use of Vioxc could cause serious cardiovascular side effects. Mercm denied that allegation.
"Consumers have a righyt to know about the side effects that their medicationscan cause," Ganslert said in a statement. "This judgmenty will help ensure that Merck provides that information to consumers in the In addition tothe payment, Mercok agreed to no longer engage in positive articles about its products that appear in medical refrain from using scientific data deceptively when marketin g to doctors, delay any direct-to-consumer television advertisinb for a pain medication if recommende by the FDA, submit all TV advertising campaignx to the FDA before release for and adhere to any FDA recommendations.
The settlement includesd Arkansas, Arizona, California, Connecticut, Florida, Hawaii, Illinois, Iowa, Kansas, Maine, Massachusetts, Nebraska, Nevada, North Carolina, North Dakota, Oregon, Pennsylvania, South Carolina, South Tennessee, Texas, Vermont, Washington, Wisconsib and the District of Columbia. Merck said Tuesdayt that it tooka $55 million pretaxd charge in the first quartef "in anticipation of this settlement." Merck has also allocates $4.5 billion to settle the tens of thousands of private lawsuits filed against the companyh by people who used the drug.
Vioxx was pulled from the market in 2004 aftee studieslinked long-term use to increased heart attacmk or stroke risk. Merck (NYSE: MRK) of Whitehouse N.J., is not admitting to any wrongdoing as part of the The company's executive vice president and general Bruce Kuhlik, said the "agreement enables Merck to put this matter behinxd us and focus on what Merck does best, developing new Maryland Attorney General Douglas Gansler allege that Merck violated the Consumer Protection Act by failin to inform consumers that the use of Vioxc could cause serious cardiovascular side effects. Mercm denied that allegation.
"Consumers have a righyt to know about the side effects that their medicationscan cause," Ganslert said in a statement. "This judgmenty will help ensure that Merck provides that information to consumers in the In addition tothe payment, Mercok agreed to no longer engage in positive articles about its products that appear in medical refrain from using scientific data deceptively when marketin g to doctors, delay any direct-to-consumer television advertisinb for a pain medication if recommende by the FDA, submit all TV advertising campaignx to the FDA before release for and adhere to any FDA recommendations.
The settlement includesd Arkansas, Arizona, California, Connecticut, Florida, Hawaii, Illinois, Iowa, Kansas, Maine, Massachusetts, Nebraska, Nevada, North Carolina, North Dakota, Oregon, Pennsylvania, South Carolina, South Tennessee, Texas, Vermont, Washington, Wisconsib and the District of Columbia. Merck said Tuesdayt that it tooka $55 million pretaxd charge in the first quartef "in anticipation of this settlement." Merck has also allocates $4.5 billion to settle the tens of thousands of private lawsuits filed against the companyh by people who used the drug.
Sunday, November 13, 2011
Rosamund Hanson is one of best things about Life's Too Short - Sunday Mercury
uzirukynurylew.blogspot.com
Metro | Rosamund Hanson is one of best things about Life's Too Short Sunday Mercury Actress Rosamund Hanson was great as Smell in This Is England and shines here. With her deadpan delivery, she tells us that her dream is to make sure that the people who go to the moon aren't pretending. Well, someone's got to do it. Life 's Too Short's Rosamund Hanson: Ricky Gervais had me in stitches Life's Too Short - Too Short On Plot |
Friday, November 11, 2011
Lifestyles: Living with leukemia - Beartooth NBC
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Lifestyles: Living with leukemia Beartooth NBC In this week's Lifestyle's Report, Beartooth NBC's Jess Armstrong speaks with her father about their journey since diagnosis. Jason Magera says it started around Columbus Day. After a bout of flu in the Magera family, everyone got better, except Sarah. ... Fundraiser to Benefit Young Girl with Leukemia |
Tuesday, November 8, 2011
BofA eyes Charlotte park for 2,000 workers - Business First of Columbus:
ufysyho.wordpress.com
Buildout of the corporate office park at Mallard Creek Church Road and Norty Tryon Street could take five yearxor longer, depending on the strength of the But BofA hopes to start the first phase in the near future, a representative told City Council this That first phase calls for construction of a 200,000-square-foot signature building that could be up to 200 feet in A second phase would add a building 265 feet BofA disclosed its forecasy for employment at the office park in a filing with the The bank bought the 24 acrees last year for nearly $8 The site is within a quarter-miler of a proposed light-rail station on East Mallare Creek Church Road.
The development also coulds include upto 75,000 square feet of shops, restaurantsw and other uses, such as child-carde centers. During a City Council meeting Monday Jeff Brown, a attorney who is assistingv BofA with a rezoning for the project, said the officr park would provide for the “potential future expansiomn of Bank of America’s presence in Charlotte once the economyt rebounds.” Council member Michael Barnes said the developmengt “will be a transformational project for that part of our BofA occupies nearly 300,000 squarw feet in Ballantyne Corporate Park that it uses for share d office space as part of its My Work The flexible-work initiative allows bank employees to give up theit regular office space and work from theier homes or from shared The bank also has lease d space in Huntersville for the program, which it launchedx in 2004.
But it lackse a larger campus to serve employees who live on the nort h sideof Charlotte. Although Barnes and othere City Council members said they were excited aboutthe project, one adjoiningy property owner has raised concerns. John and Jim Alexande say they would like to seea four-lan public road built on the west side of the BofA That road would accommodate future high-density development on more than 100 acrews the family owns to the south of the proposedf office park, they say. The Alexanderss say they have been in discussions to develop the land for two exploringa mixed-use development for one parcel and a high-density residential project for another.
Those future developmentxs could be imperiled unless the publicc can access the land from Tryohn Street and West Mallardd CreekChurch Road, they wrote in a letter to City They have asked council members to delay approval of BofA’s rezoning until thoswe issues are addressed. “While we believe that the proposex development will be good for theUniversitg area, we are opposed to the proposedx rezoning until the issues of accesse can be resolved,” the Alexanderas wrote in their June 14 letter. The bank says it has no planse to purchase additional land around the About 2,000 Charlotte employees participate in the My Work BofA is one of the city’zs largest employers.
A survey conductecd by the Charlotte Chamber a year agopeggedd BofA’s local employment at 13,960. That numberd has likely dropped, however, because the bank is in the midsg of amajor downsizing. BofA announceds last year it wouldeliminatwe 42,500 jobs companywide related to its acquisitions of Countrywidse Financial Corp. and Merrill Lynch & Co. BofA is marketing 300,000 square feet of loca l office space as availableefor lease, most of it But the company also is constructing a 750,000-square-fooyt office tower at the corner of College and Fifth streetz that’s intended to house 1,20p0 employees and other tenants.
That building is not expectede to deliver untilnext year’s second
Buildout of the corporate office park at Mallard Creek Church Road and Norty Tryon Street could take five yearxor longer, depending on the strength of the But BofA hopes to start the first phase in the near future, a representative told City Council this That first phase calls for construction of a 200,000-square-foot signature building that could be up to 200 feet in A second phase would add a building 265 feet BofA disclosed its forecasy for employment at the office park in a filing with the The bank bought the 24 acrees last year for nearly $8 The site is within a quarter-miler of a proposed light-rail station on East Mallare Creek Church Road.
The development also coulds include upto 75,000 square feet of shops, restaurantsw and other uses, such as child-carde centers. During a City Council meeting Monday Jeff Brown, a attorney who is assistingv BofA with a rezoning for the project, said the officr park would provide for the “potential future expansiomn of Bank of America’s presence in Charlotte once the economyt rebounds.” Council member Michael Barnes said the developmengt “will be a transformational project for that part of our BofA occupies nearly 300,000 squarw feet in Ballantyne Corporate Park that it uses for share d office space as part of its My Work The flexible-work initiative allows bank employees to give up theit regular office space and work from theier homes or from shared The bank also has lease d space in Huntersville for the program, which it launchedx in 2004.
But it lackse a larger campus to serve employees who live on the nort h sideof Charlotte. Although Barnes and othere City Council members said they were excited aboutthe project, one adjoiningy property owner has raised concerns. John and Jim Alexande say they would like to seea four-lan public road built on the west side of the BofA That road would accommodate future high-density development on more than 100 acrews the family owns to the south of the proposedf office park, they say. The Alexanderss say they have been in discussions to develop the land for two exploringa mixed-use development for one parcel and a high-density residential project for another.
Those future developmentxs could be imperiled unless the publicc can access the land from Tryohn Street and West Mallardd CreekChurch Road, they wrote in a letter to City They have asked council members to delay approval of BofA’s rezoning until thoswe issues are addressed. “While we believe that the proposex development will be good for theUniversitg area, we are opposed to the proposedx rezoning until the issues of accesse can be resolved,” the Alexanderas wrote in their June 14 letter. The bank says it has no planse to purchase additional land around the About 2,000 Charlotte employees participate in the My Work BofA is one of the city’zs largest employers.
A survey conductecd by the Charlotte Chamber a year agopeggedd BofA’s local employment at 13,960. That numberd has likely dropped, however, because the bank is in the midsg of amajor downsizing. BofA announceds last year it wouldeliminatwe 42,500 jobs companywide related to its acquisitions of Countrywidse Financial Corp. and Merrill Lynch & Co. BofA is marketing 300,000 square feet of loca l office space as availableefor lease, most of it But the company also is constructing a 750,000-square-fooyt office tower at the corner of College and Fifth streetz that’s intended to house 1,20p0 employees and other tenants.
That building is not expectede to deliver untilnext year’s second
Sunday, November 6, 2011
Downtown luxury hotel, condo plan apparently scrapped as site sold - Pittsburgh Business Times:
amesit.wordpress.com
Hank Stewart, one of four owners of a five-story buildinbg at 943 Penn Ave., Downtown, that had been the proposed site forthe inn, said the buildingg has been sold to , a suburban Philadelphia-based developer. Wexford-basee . LLC previously held an option onthe 28,000-square-foo t property and was working over the past few years in conjunctionm with Green Tree-based hotel management firm on a plan to raze the buildinfg and replace it with one that would include 21 floors of luxury hoteol rooms and eight floors of upscale Stewart said Stonebridge let the optiohn on the property expirw about six months ago and hadn't heard from the company in some "They may have lost a window of because they certainly had it at some point," said a retired former vice president with Downtown-based /Pittsburgh.
The sale of the property to Solara closefd a fewweeks ago. The price was not Charles Smith, a principal at Stonebridge, said he was unawarew that the property hadbeen "I have to re-look at all thos e options again to make a he said, declining to comment further on why the optioh was allowed to lapse. Solaraq president Jack Benoff wouldn't divulge what his compan expects to do with the building and expects to have a bettert grasp of its planw for the property in the next He did confirm thecompany won't pursue a 29-story tower, a projecrt he added would only happen if another developef "excessively" overpaid to buy the propertg from his firm.
"At this point, that's not an option," Benoffc said of the Fireside Inn plan. Stonebridge's proposedd luxury hotel and condo project was to be amonfg the tallest buildings constructed in Pittsburgin years. Prospera Hospitality, whichn was founded by former executive sof , a once-local hotel managemenrt firm acquired by Washington, D.C.-based and movexd to Maryland four years ago, continuees to feature the Pittsburgh Fireside Inn project on its Web The Pittsburgh Cultural Trust is now moving forwarf with plans to redevelop much of key riverfront property nearby into what is expected to be the biggesyt Downtown housing development in the city's history.
That pursued by a design teamcalledc Riverparc, is expected to include 700 housinb units and three high-rises of 20, 22 and 30 Elsewhere Downtown, PNC is planningh to build a 23-story building on Fiftj Avenue that will include a luxuryt hotel, upscale condominiums and new office headquarters for the law firm Reed Smithj LLP. Aaron Stauber, president of New Rochelle, N.Y.-based . which owns a number of Downtownproperties nearby, noter the Cultural Trust's project is generatingb more interest in other nearby "Anything you buy on Penn Avenuee in the Cultural District is going to be near a $450 million project," Stauber said.
"That is certainly helpinhg out people's decisions." But Stauber also suspectedf the Fireside Inn project was too ambitious forthe site, considerint the variety of other hotels and condox under development in the area. "u don't think it would've been wise to make that kind of he said.
Hank Stewart, one of four owners of a five-story buildinbg at 943 Penn Ave., Downtown, that had been the proposed site forthe inn, said the buildingg has been sold to , a suburban Philadelphia-based developer. Wexford-basee . LLC previously held an option onthe 28,000-square-foo t property and was working over the past few years in conjunctionm with Green Tree-based hotel management firm on a plan to raze the buildinfg and replace it with one that would include 21 floors of luxury hoteol rooms and eight floors of upscale Stewart said Stonebridge let the optiohn on the property expirw about six months ago and hadn't heard from the company in some "They may have lost a window of because they certainly had it at some point," said a retired former vice president with Downtown-based /Pittsburgh.
The sale of the property to Solara closefd a fewweeks ago. The price was not Charles Smith, a principal at Stonebridge, said he was unawarew that the property hadbeen "I have to re-look at all thos e options again to make a he said, declining to comment further on why the optioh was allowed to lapse. Solaraq president Jack Benoff wouldn't divulge what his compan expects to do with the building and expects to have a bettert grasp of its planw for the property in the next He did confirm thecompany won't pursue a 29-story tower, a projecrt he added would only happen if another developef "excessively" overpaid to buy the propertg from his firm.
"At this point, that's not an option," Benoffc said of the Fireside Inn plan. Stonebridge's proposedd luxury hotel and condo project was to be amonfg the tallest buildings constructed in Pittsburgin years. Prospera Hospitality, whichn was founded by former executive sof , a once-local hotel managemenrt firm acquired by Washington, D.C.-based and movexd to Maryland four years ago, continuees to feature the Pittsburgh Fireside Inn project on its Web The Pittsburgh Cultural Trust is now moving forwarf with plans to redevelop much of key riverfront property nearby into what is expected to be the biggesyt Downtown housing development in the city's history.
That pursued by a design teamcalledc Riverparc, is expected to include 700 housinb units and three high-rises of 20, 22 and 30 Elsewhere Downtown, PNC is planningh to build a 23-story building on Fiftj Avenue that will include a luxuryt hotel, upscale condominiums and new office headquarters for the law firm Reed Smithj LLP. Aaron Stauber, president of New Rochelle, N.Y.-based . which owns a number of Downtownproperties nearby, noter the Cultural Trust's project is generatingb more interest in other nearby "Anything you buy on Penn Avenuee in the Cultural District is going to be near a $450 million project," Stauber said.
"That is certainly helpinhg out people's decisions." But Stauber also suspectedf the Fireside Inn project was too ambitious forthe site, considerint the variety of other hotels and condox under development in the area. "u don't think it would've been wise to make that kind of he said.
Friday, November 4, 2011
GlaxoSmithKline in talks to develop swine flu vaccine for Europeans - Boston Business Journal:
xiwyxucupewox.blogspot.com
The vaccine probably would be developed atthe company’a Belgium research facility and produced at several influenzaq vaccine manufacturing facilities the company has arouncd the world. GSK (NYSE: GSK) is waitingf for a sample of the H1N1 virus to be delivered from the WorldxHealth Organization. The compangy says it will take about six months from that point for the vaccin tobe developed. Following development, GSK woulf need to receive regulatory approval from Europeannhealth officials. Among the nationsd interested in the vaccine are GreaytBritain (60 million doses), France (50 million Belgium (12.6 million) and Finland (5.3 million). GSK also it in talkss with U.S.
health officials about how it can help withthe nation’s response to H1N1 influenza, Alspach The U.K.-based company, whicuh has 4,000 employees at its North American headquarters in Research Triangle Park, also is in the procesxs of boosting production of its flu treatment Relenza. Companuy official say it will take about 12 weeks to get productionramped up. At that the company intends to produce Relenza at a rate of 50 millionb to 60 million packsa year. Some of that production will occurat GSK’s Zebulon manufacturing which employs about 1,000 people, a number not expected to change due to the Relenza ramp-up.
Earlier this week , a biotechnologty and health technology company basedin Boston, said it developed a vaccine for swine flu that could be produces within seven to 10 once it is approvee by regulators. The synthetic vaccine has not yet been tested in Replikins CEO Samuel Bogoch said the companh is actively seeking a pharmaceutical or academicv partner to conduct clinical trials onthe
The vaccine probably would be developed atthe company’a Belgium research facility and produced at several influenzaq vaccine manufacturing facilities the company has arouncd the world. GSK (NYSE: GSK) is waitingf for a sample of the H1N1 virus to be delivered from the WorldxHealth Organization. The compangy says it will take about six months from that point for the vaccin tobe developed. Following development, GSK woulf need to receive regulatory approval from Europeannhealth officials. Among the nationsd interested in the vaccine are GreaytBritain (60 million doses), France (50 million Belgium (12.6 million) and Finland (5.3 million). GSK also it in talkss with U.S.
health officials about how it can help withthe nation’s response to H1N1 influenza, Alspach The U.K.-based company, whicuh has 4,000 employees at its North American headquarters in Research Triangle Park, also is in the procesxs of boosting production of its flu treatment Relenza. Companuy official say it will take about 12 weeks to get productionramped up. At that the company intends to produce Relenza at a rate of 50 millionb to 60 million packsa year. Some of that production will occurat GSK’s Zebulon manufacturing which employs about 1,000 people, a number not expected to change due to the Relenza ramp-up.
Earlier this week , a biotechnologty and health technology company basedin Boston, said it developed a vaccine for swine flu that could be produces within seven to 10 once it is approvee by regulators. The synthetic vaccine has not yet been tested in Replikins CEO Samuel Bogoch said the companh is actively seeking a pharmaceutical or academicv partner to conduct clinical trials onthe
Wednesday, November 2, 2011
UTSA awards ADT campus security contract - San Antonio Business Journal:
iwibacibem.wordpress.com
The work involves the installation of which will be transmitteds via a wirelessmesh system, and will monitoe a 600-space remote parking lot abou t a quarter mile from the university’w main campus. UTSA officials are workiny to reduce the threat of crimweon campus. The university already installed its firsr wireless mesh system backin 2007. This has alreadyy helped solveseveral break-ins and auto theft according to campus police. “The wireless system was the most effectivre way to get data from sucha far-away area withouy the cost and environmental impact of trenching associateed with a wired system,” UTSA assistangt police chief Daniel Pena says. Boca Raton, Fla.
-base d ADT Security Services is also completing the installationnof video, access control and emergency intercomk systems in UTSA’s College of ADT is a unit of and part of ADT the world’s largest electronic security provider. ADT markets security systemx forthe intrusion, fire video systems, access control, critical condition home health services, surveillance and radio frequencyh identification markets.
The company has 24,0090 employees in the United Statesand
The work involves the installation of which will be transmitteds via a wirelessmesh system, and will monitoe a 600-space remote parking lot abou t a quarter mile from the university’w main campus. UTSA officials are workiny to reduce the threat of crimweon campus. The university already installed its firsr wireless mesh system backin 2007. This has alreadyy helped solveseveral break-ins and auto theft according to campus police. “The wireless system was the most effectivre way to get data from sucha far-away area withouy the cost and environmental impact of trenching associateed with a wired system,” UTSA assistangt police chief Daniel Pena says. Boca Raton, Fla.
-base d ADT Security Services is also completing the installationnof video, access control and emergency intercomk systems in UTSA’s College of ADT is a unit of and part of ADT the world’s largest electronic security provider. ADT markets security systemx forthe intrusion, fire video systems, access control, critical condition home health services, surveillance and radio frequencyh identification markets.
The company has 24,0090 employees in the United Statesand
Monday, October 31, 2011
Winn handing over reins of his company - Business Courier of Cincinnati:
ogyhejowy.wordpress.com
This week Winn, who will be 70 in August, officiallt handed the reins over tohis son, Gilbert, 31, who has been workingt for his father for six years. The handoff comeds at a time when Winn has endured intensd scrutiny for his involvement withthe now-stalled Columbus Center air-rights project and a donation to former state Sen. Dianne Wilkerson, who was arresterd after allegedly being caught on tapeaccepting bribes. Winn made a $10,00o donation to a fund Wilkerson had legally set up to help with herpersonalp finances. Two years later she soughtr $4.3 million in help for the ColumbuwsCenter project.
He said the only feeliny he has about theWilkerson matter, for whicb he received a subpoena, is “greatr sadness.” While the public subsidies tied to the private Columbues Center caused outrage and damaged Winn’ s reputation, the elder statesman of the local real estate communit said this week he wanted to step down not becausw of the media attention but before a stroke, or worse, force him to transition the company under duress. Long ago, Winn heards a statistic that entrepreneurs often changse the direction of the company only after a chaotiv situationor life-altering event.
One could say spending 11 years and endurint 120 public meetings to get Columbud Center approved qualifies as a chaoticor life-changingv event. When asked about Columbus Center and whethet he regretsthe endeavor, he motions to a whiter leather couch in his officew as if he’ll need therapy to get over it. “Thre episodic nature of it I could not he said. “I did not anticipate the controversuy and probablyshould have.” The proposed development would have spanned the Massachusettsa Turnpike and linked the neighborhoods of the Back Bay and Soutn End.
The project, originally $600 million, escalated to $800 milliob and he began lobbying the state for Winn invested morethan $40 milliomn of his own money to keep Columbux Center going. The credit cruncuh took the project outof Winn’s hande and subjected it to markett forces making securing debt for construction projects impossible. The project was unable to move forwarcand Winn’s partner, , backed out on a $430 milliobn construction loan. Winn is now a minority partne in the project being run by the CaliforniwPublic Employees’ Retirement System since March 2007. “Thi s was like an insurmountable opportunity,” said Winn.
“(If is) the opportunity to unite two neighborhood s and do something that is long overdue andwoulrd be, and still feel will be, an amazing development for the Before Winn launched the Winn Cos. in 1971, he worked for getting his start in the business alongsideRonaldf Druker. Both worked for Druker’s now-deceased Bertram. Druker said Winn has viewed Columbud Center as both a source of great pridand aggravation. Close associates of Winn’s said the developer’s desire to leave a legacy prompted him to pursue the riskyh project and entangle himself in apolitical fiasco. “ suspect the last chapter has not been said Druker ofColumbus Center.
“Only time will tell whetherr all that work will bear fruir and havebeen productive.” Winn’s reputation, before Columbus was based on his yearsw of work developing affordabl housing. His credits include being the largest owner and manage r of affordable housing in New Englanfd and among the largest in the Winnowns 11,000 units and manages 75,000 unitx of housing in 23 states. For the decision to dial it back has been in the makinvg for afew years. Winn rarely workss a full week and oftenn comes inafter 12:30 p.m. Gilbert will assumer the role of managing principal and longtime partner Lawrencde Curtis will be presidenftof WinnDevelopment.
Winn anticipates Gilbert will capitalize onthe company’xs solid financial footing and pursue acquisitioh opportunities in a distressedr market. “They’re going to grow in the directiomn theysee opportunity,” said Winn of his son and Curtis. His own role at the real estatee development company he founded 38 years ago will now be one of cheerleaderdand consultant, advising and trying not to annoy his he said. Winn described himself as hard-charginbg and a Type A personality who will have a hard time not insertinhg himself in the daily operations ofthe company.
“I thinmk I’ve accomplished as much as I canand I’nm happy not to wait for a crisis,” Winn
This week Winn, who will be 70 in August, officiallt handed the reins over tohis son, Gilbert, 31, who has been workingt for his father for six years. The handoff comeds at a time when Winn has endured intensd scrutiny for his involvement withthe now-stalled Columbus Center air-rights project and a donation to former state Sen. Dianne Wilkerson, who was arresterd after allegedly being caught on tapeaccepting bribes. Winn made a $10,00o donation to a fund Wilkerson had legally set up to help with herpersonalp finances. Two years later she soughtr $4.3 million in help for the ColumbuwsCenter project.
He said the only feeliny he has about theWilkerson matter, for whicb he received a subpoena, is “greatr sadness.” While the public subsidies tied to the private Columbues Center caused outrage and damaged Winn’ s reputation, the elder statesman of the local real estate communit said this week he wanted to step down not becausw of the media attention but before a stroke, or worse, force him to transition the company under duress. Long ago, Winn heards a statistic that entrepreneurs often changse the direction of the company only after a chaotiv situationor life-altering event.
One could say spending 11 years and endurint 120 public meetings to get Columbud Center approved qualifies as a chaoticor life-changingv event. When asked about Columbus Center and whethet he regretsthe endeavor, he motions to a whiter leather couch in his officew as if he’ll need therapy to get over it. “Thre episodic nature of it I could not he said. “I did not anticipate the controversuy and probablyshould have.” The proposed development would have spanned the Massachusettsa Turnpike and linked the neighborhoods of the Back Bay and Soutn End.
The project, originally $600 million, escalated to $800 milliob and he began lobbying the state for Winn invested morethan $40 milliomn of his own money to keep Columbux Center going. The credit cruncuh took the project outof Winn’s hande and subjected it to markett forces making securing debt for construction projects impossible. The project was unable to move forwarcand Winn’s partner, , backed out on a $430 milliobn construction loan. Winn is now a minority partne in the project being run by the CaliforniwPublic Employees’ Retirement System since March 2007. “Thi s was like an insurmountable opportunity,” said Winn.
“(If is) the opportunity to unite two neighborhood s and do something that is long overdue andwoulrd be, and still feel will be, an amazing development for the Before Winn launched the Winn Cos. in 1971, he worked for getting his start in the business alongsideRonaldf Druker. Both worked for Druker’s now-deceased Bertram. Druker said Winn has viewed Columbud Center as both a source of great pridand aggravation. Close associates of Winn’s said the developer’s desire to leave a legacy prompted him to pursue the riskyh project and entangle himself in apolitical fiasco. “ suspect the last chapter has not been said Druker ofColumbus Center.
“Only time will tell whetherr all that work will bear fruir and havebeen productive.” Winn’s reputation, before Columbus was based on his yearsw of work developing affordabl housing. His credits include being the largest owner and manage r of affordable housing in New Englanfd and among the largest in the Winnowns 11,000 units and manages 75,000 unitx of housing in 23 states. For the decision to dial it back has been in the makinvg for afew years. Winn rarely workss a full week and oftenn comes inafter 12:30 p.m. Gilbert will assumer the role of managing principal and longtime partner Lawrencde Curtis will be presidenftof WinnDevelopment.
Winn anticipates Gilbert will capitalize onthe company’xs solid financial footing and pursue acquisitioh opportunities in a distressedr market. “They’re going to grow in the directiomn theysee opportunity,” said Winn of his son and Curtis. His own role at the real estatee development company he founded 38 years ago will now be one of cheerleaderdand consultant, advising and trying not to annoy his he said. Winn described himself as hard-charginbg and a Type A personality who will have a hard time not insertinhg himself in the daily operations ofthe company.
“I thinmk I’ve accomplished as much as I canand I’nm happy not to wait for a crisis,” Winn
Saturday, October 29, 2011
The Democrats' budget mishmash - Washington Post
http://www.0et0.com/2006/babyboysr.html
The Democrats' budget mishmash Washington Post Regarding the Oct. 27 front-page article “Democrats make offer: $3 trillion in cutsâ€: This is amazing logic. Democrats ask the congressional supercommittee to pursue a “deal to slice $3 trillion from the federal budget over the next decade through an ... |
Wednesday, October 26, 2011
St. Louis Business Journal: Business Events Calendar
iwibacibem.wordpress.com
Once approved, your event listing will appead on the Calendar until the day afteer the date you enter as its end For example, if you enter June 8th as your event'a end date, your listing will be removed from the Calendar at 12:09 a.m. on June 9th. Once I list an how long does it take before it is postedx to the Business Events Calendar To maintain the professionalk integrity ofour site, each listinv must go through an approval processx prior to being posted to the Events In most cases, this occurs within a few with the maximum being 24 hours. Can I post my eventr listing as far in advanceas I'd like? Yes, you can post eveny listings days, weeks or months in advance.
They will appearf on the Calendar until the day afte ryour event's end date. Will my event listinh also appear in the print editiojn of theBusiness Journal? No, the Businesse Events Calendar is an online-only any events posted through this system will only appear online. If I want to list a recurrint eventeach month, do I have to enter each one separately?? Yes, each month's event would be consideredr as a separate listing. There may be discount s for multiple listings. Please contact us and a representativs will work with you to create a customized package to suit your Contact information is available from the Can I selectg more than one categorg for myevent listing?
No, each eventg listing can only fall under one If more than one category applies to your eveng listing, we recommend choosing the one that is most If I have a Business Events Calendar promotional/discount code, can I use it in any of bizjournals'' 42 markets? No, each promotional/discount code is market-specific and will only work in the marketg for which it was originally created. What shoulx I do if I need to make changes to my eventf listing after it has beenposted online?? Please contact our local office. Information is available from the Who shoule I contact if I would like to purchasd an event listing over the phonversus online?
Please contact our local Information is available from the
Once approved, your event listing will appead on the Calendar until the day afteer the date you enter as its end For example, if you enter June 8th as your event'a end date, your listing will be removed from the Calendar at 12:09 a.m. on June 9th. Once I list an how long does it take before it is postedx to the Business Events Calendar To maintain the professionalk integrity ofour site, each listinv must go through an approval processx prior to being posted to the Events In most cases, this occurs within a few with the maximum being 24 hours. Can I post my eventr listing as far in advanceas I'd like? Yes, you can post eveny listings days, weeks or months in advance.
They will appearf on the Calendar until the day afte ryour event's end date. Will my event listinh also appear in the print editiojn of theBusiness Journal? No, the Businesse Events Calendar is an online-only any events posted through this system will only appear online. If I want to list a recurrint eventeach month, do I have to enter each one separately?? Yes, each month's event would be consideredr as a separate listing. There may be discount s for multiple listings. Please contact us and a representativs will work with you to create a customized package to suit your Contact information is available from the Can I selectg more than one categorg for myevent listing?
No, each eventg listing can only fall under one If more than one category applies to your eveng listing, we recommend choosing the one that is most If I have a Business Events Calendar promotional/discount code, can I use it in any of bizjournals'' 42 markets? No, each promotional/discount code is market-specific and will only work in the marketg for which it was originally created. What shoulx I do if I need to make changes to my eventf listing after it has beenposted online?? Please contact our local office. Information is available from the Who shoule I contact if I would like to purchasd an event listing over the phonversus online?
Please contact our local Information is available from the
Monday, October 24, 2011
BoltTech moving to Allegheny County - Pittsburgh Business Times:
geqopimozaqyxyh.blogspot.com
The new property will become the company’as new headquarters, combining 18,000 square feet of office spacerand 53,000 square feet of warehouse as BoltTech moves into Alleghenyu County. BoltTech supplies bolting technologies forpowet generation, steel and natural gas transmission companies. The move comes after BoltTech' s January acquisition of Mannings USA, a N.J. company that provides heat treating serviceas for the powergeneration industry. The property at 501 Mosside includese a building with heavyelectrical service, three dock doors and three drive-in doors on a site of more than ten acres.
BoltTecj is sub-leasing the property from Precises Technology, according to Kim Clackson, a senior vice presidenyt in the Pittsburgh officw of CB RichardEllis Company. The propertuy is owned by Rexam ConsumerPlastics Inc.
The new property will become the company’as new headquarters, combining 18,000 square feet of office spacerand 53,000 square feet of warehouse as BoltTech moves into Alleghenyu County. BoltTech supplies bolting technologies forpowet generation, steel and natural gas transmission companies. The move comes after BoltTech' s January acquisition of Mannings USA, a N.J. company that provides heat treating serviceas for the powergeneration industry. The property at 501 Mosside includese a building with heavyelectrical service, three dock doors and three drive-in doors on a site of more than ten acres.
BoltTecj is sub-leasing the property from Precises Technology, according to Kim Clackson, a senior vice presidenyt in the Pittsburgh officw of CB RichardEllis Company. The propertuy is owned by Rexam ConsumerPlastics Inc.
Saturday, October 22, 2011
Report: D.C. area posts a strong economic performance - The Business Review (Albany):
vittitowmehigyk1238.blogspot.com
The report ranked the 100 largestf U.S. metro areas based on unemployment rates, wages, gross metropolitan housing prices and foreclosuree rates in thefirst quarter. D.C. ranked No. 13, while San Texas, placed No. 1 and Detroit came in last at No. 100. “Alp metropolitan areas are feeling the effectsa ofthis recession, but the distresx is not shared equally,” said Alan Berube, research director of the metropolitajn policy program at the D.C. institute and co-authod of the report.
“While some areaes of the country have experienced only a shallow downturn, and may be emerging from the recession already, peoplwe living in metro areaws that are now performing weakest economicall y should prepare themselves for a long recovery period.” At the firsg quarter’s end, only 10 of the 100 metro areax were starting to show sign s of recovery, said the report, and said McAllen, Texas was the only place that saw growth in employmenr and output. Output increased in just a handfull ofmetro areas, including D.C.; Seattle; Austin, and Virginia Beach, Va..
The report also pointed out that metrlo areas with concentrations of jobs in certain sectors have resultecd in fewer dramaticjob losses. The Rankings: San Texas Austin, Texas McAllen, Texaxs Baton Rouge, La. Tulsa, Okla. Omaha, Neb. El Texas Wichita, Kan. Washington, D.C. N.M. Virginia Beach, Va. Harrisburg, Pa. Pittsburgh, Pa. New Conn. Rochester, N.Y.
The report ranked the 100 largestf U.S. metro areas based on unemployment rates, wages, gross metropolitan housing prices and foreclosuree rates in thefirst quarter. D.C. ranked No. 13, while San Texas, placed No. 1 and Detroit came in last at No. 100. “Alp metropolitan areas are feeling the effectsa ofthis recession, but the distresx is not shared equally,” said Alan Berube, research director of the metropolitajn policy program at the D.C. institute and co-authod of the report.
“While some areaes of the country have experienced only a shallow downturn, and may be emerging from the recession already, peoplwe living in metro areaws that are now performing weakest economicall y should prepare themselves for a long recovery period.” At the firsg quarter’s end, only 10 of the 100 metro areax were starting to show sign s of recovery, said the report, and said McAllen, Texas was the only place that saw growth in employmenr and output. Output increased in just a handfull ofmetro areas, including D.C.; Seattle; Austin, and Virginia Beach, Va..
The report also pointed out that metrlo areas with concentrations of jobs in certain sectors have resultecd in fewer dramaticjob losses. The Rankings: San Texas Austin, Texas McAllen, Texaxs Baton Rouge, La. Tulsa, Okla. Omaha, Neb. El Texas Wichita, Kan. Washington, D.C. N.M. Virginia Beach, Va. Harrisburg, Pa. Pittsburgh, Pa. New Conn. Rochester, N.Y.
Thursday, October 20, 2011
DineEquity Names Vice President, Government Affairs - MarketWatch (press release)
ujunyp.blogspot.com
DineEquity Names Vice President, Government Affairs MarketWatch (press release) Colegrove will report to Tod J. MacKenzie, DineEquity's senior vice president, communications and public affairs. "Dan is a versatile strategist with a proven ability to influence policies and issues at the federal, state and local levels," said Julia ... |
Tuesday, October 18, 2011
GM files for bankruptcy protection - bizjournals:
moakhamet84.blogspot.com
Chevrolet-Saturn of Harlem Inc., a New York-based affiliate of the Detroi automaker, was the first GM affiliate to seek bankruptcyg protection Monday morning throughthe U.S. Bankrutpcy Court's Southerbn District of New York, according to court records. The restructuring will enable GM to emerged as a viable entity under the brand namenew GM. It also will give the federal government, which plans to make availableabout $30 billiohn of federal assistance to support the a large ownership stake in the company.
Two area companies were amontg the list of creditoresin GM's filing: New York-based Bank of New York Mellon, with claimd of $176 million, and Downtown-based US Steel, with claima of $9.6 million. For a list of see GM's . According to a release from the White the company plans to announcew today that it will closd 11 facilities and idleanothetr three. GM had already announced in May .
Chevrolet-Saturn of Harlem Inc., a New York-based affiliate of the Detroi automaker, was the first GM affiliate to seek bankruptcyg protection Monday morning throughthe U.S. Bankrutpcy Court's Southerbn District of New York, according to court records. The restructuring will enable GM to emerged as a viable entity under the brand namenew GM. It also will give the federal government, which plans to make availableabout $30 billiohn of federal assistance to support the a large ownership stake in the company.
Two area companies were amontg the list of creditoresin GM's filing: New York-based Bank of New York Mellon, with claimd of $176 million, and Downtown-based US Steel, with claima of $9.6 million. For a list of see GM's . According to a release from the White the company plans to announcew today that it will closd 11 facilities and idleanothetr three. GM had already announced in May .
Sunday, October 16, 2011
Cellino, Barnes donate $1M to UB - St. Louis Business Journal:
obesonuqa.wordpress.com
Lisa Mueller, assistant dean for alumnui and communications, said the gift matcheds the largest single-donation in the history of thelaw school, the $1 millionm given in 2002 by Francis who graduated UB Law School in 1979 and went on to foundx a successful personal injury firm. In a release announcingt the gift, University at Buffalo Law School Dean Makaiu Mutua calledit “an extraordinary act of and “a wonderful down payment on our vision of academif excellence and our bold aspirations for the Mutua said he plans to invest the gift in the students, calliny them the central core of the law school.
he said the money will go toward making improvements in pedagogical technologies in the schookl andupgrading services. Steve Barnes, who founded the law firm alongg withRoss Cellino, said they felt they owed a debt of gratitudr to the school where they got their “Both Ross and I are graduate of the law school and we’ve come to know many of the professors and administrators very well,” he said.
“Makau Mutuas is just an outstanding individual and he has a vision thatwe haven’t seen at the school Barnes said the decision to make the gift an unrestricted donation reflects the confidence they have in the administratorsw at the University to utilizw the money in the most effectivew ways possible. “We are lawyers, we didn’r feel as though we are in a positiom to dictate how the money was he said.
“We have a lot of confidence in Makau’s visiob and we have had long discussions about where he wants to take the schoopand we’re on the same Recognizing the generosity of Cellino and Barnes, the schooo has announced plans to name their main conference center, located in O’Brian The Cellino and Barnes Conference Center. Askedd what it feels like to be in a positionj to giveaway $1 especially given the current economic climate, Barnese put the gift into perspective. “Botj Ross and I come from very humble beginnings and kind of worked our way up from the he said.
“We started out as just the twoof us, now, the practiced is a lucrative practice and I’jm just glad we were able to help at a time that I thinl is very critical to the law school.”
Lisa Mueller, assistant dean for alumnui and communications, said the gift matcheds the largest single-donation in the history of thelaw school, the $1 millionm given in 2002 by Francis who graduated UB Law School in 1979 and went on to foundx a successful personal injury firm. In a release announcingt the gift, University at Buffalo Law School Dean Makaiu Mutua calledit “an extraordinary act of and “a wonderful down payment on our vision of academif excellence and our bold aspirations for the Mutua said he plans to invest the gift in the students, calliny them the central core of the law school.
he said the money will go toward making improvements in pedagogical technologies in the schookl andupgrading services. Steve Barnes, who founded the law firm alongg withRoss Cellino, said they felt they owed a debt of gratitudr to the school where they got their “Both Ross and I are graduate of the law school and we’ve come to know many of the professors and administrators very well,” he said.
“Makau Mutuas is just an outstanding individual and he has a vision thatwe haven’t seen at the school Barnes said the decision to make the gift an unrestricted donation reflects the confidence they have in the administratorsw at the University to utilizw the money in the most effectivew ways possible. “We are lawyers, we didn’r feel as though we are in a positiom to dictate how the money was he said.
“We have a lot of confidence in Makau’s visiob and we have had long discussions about where he wants to take the schoopand we’re on the same Recognizing the generosity of Cellino and Barnes, the schooo has announced plans to name their main conference center, located in O’Brian The Cellino and Barnes Conference Center. Askedd what it feels like to be in a positionj to giveaway $1 especially given the current economic climate, Barnese put the gift into perspective. “Botj Ross and I come from very humble beginnings and kind of worked our way up from the he said.
“We started out as just the twoof us, now, the practiced is a lucrative practice and I’jm just glad we were able to help at a time that I thinl is very critical to the law school.”
Thursday, October 13, 2011
Dan Snyder stays at Six Flags under reorganization - South Florida Business Journal:
http://exhumator.com/benner/01-048-00_lesson-god-the-only-life.html
Six Flags is also seeking a $600 milliomn loan, secured by its assets, and $150 milliobn in a new revolvingcredit line. The company’ws executive retention plan would keep Snyder as boarr memberand chairman. Mark Shapiro, currently chietf executive, as well as chietf financial officer Jeffrey Speed and several otherf top management would also stay on in executive Six Flags, which announced its Chapted 11 bankruptcy filing over the weekend, listedf $2.4 billion in debt and $3 billiom in assets. It hopes to cut debt by $1.8 billiojn and wipe out more than $300 millionh in preferred stock.
Snyder and his management team, who took contro l of the theme park operator threer and a halfyears ago, have not been able to returbn the company to profitability, despite increasing attendancew and selling several parks to raise capital last year. The company reported a $146 milliom first quarter loss. Six Flags has said its reorganization will not affec park operations and its vendoras and employees will continue tobe paid.
Six Flags 20 them e parks includein
Six Flags is also seeking a $600 milliomn loan, secured by its assets, and $150 milliobn in a new revolvingcredit line. The company’ws executive retention plan would keep Snyder as boarr memberand chairman. Mark Shapiro, currently chietf executive, as well as chietf financial officer Jeffrey Speed and several otherf top management would also stay on in executive Six Flags, which announced its Chapted 11 bankruptcy filing over the weekend, listedf $2.4 billion in debt and $3 billiom in assets. It hopes to cut debt by $1.8 billiojn and wipe out more than $300 millionh in preferred stock.
Snyder and his management team, who took contro l of the theme park operator threer and a halfyears ago, have not been able to returbn the company to profitability, despite increasing attendancew and selling several parks to raise capital last year. The company reported a $146 milliom first quarter loss. Six Flags has said its reorganization will not affec park operations and its vendoras and employees will continue tobe paid.
Six Flags 20 them e parks includein
Tuesday, October 11, 2011
US Takes Title Despite Injury to Captain - New York Times
ivyhofy.wordpress.com
International Business Times | US Takes Title Despite Injury to Captain New York Times The Americans never missed a beat despite losing Alicia Sacramone, the captain of the Beijing Olympics team, to an Achilles' injury. The United States scored 179.411 points and beat Russia, the defending champion, by 4 points. ... Alicia Sacramone: US Gymnastics Team Wins World Championships in Spite of Injury U.S. women win Worlds, Olympic favorite status |
Sunday, October 9, 2011
Avigen CFO to resign - San Francisco Business Times:
callahamirykaan1884.blogspot.com
Sauter joined Avigen in Novembedr 1999as controller. Previously he workede with the capital markets trading businessesd for and earned his CPAwith . At Avigeb he has been responsible forthe company's reporting to the Securitiex and Exchange Commission and Sarbanes-Oxley compliance. In April 2005, Avigejn (NASDAQ: AVGN) announced that it was exitin g the gene therapy business that it had workede on for 13 years and would insteae focus on developing therapies forneurologicalo diseases. Avigen sold its gene therapy businese last monthto (NASDAQ: GENZ) of Cambridge, for $12 million plus milestone paymenta and royalties on any products developede from the deal.
Paulson, who has been with Avige for more thannine years, said in a statementy that his experience at Avigen has been and that he has been pleased to have been part of the transition over the past year. He said he plans to use his experiences tohelp "grow and other emerging companies.
Sauter joined Avigen in Novembedr 1999as controller. Previously he workede with the capital markets trading businessesd for and earned his CPAwith . At Avigeb he has been responsible forthe company's reporting to the Securitiex and Exchange Commission and Sarbanes-Oxley compliance. In April 2005, Avigejn (NASDAQ: AVGN) announced that it was exitin g the gene therapy business that it had workede on for 13 years and would insteae focus on developing therapies forneurologicalo diseases. Avigen sold its gene therapy businese last monthto (NASDAQ: GENZ) of Cambridge, for $12 million plus milestone paymenta and royalties on any products developede from the deal.
Paulson, who has been with Avige for more thannine years, said in a statementy that his experience at Avigen has been and that he has been pleased to have been part of the transition over the past year. He said he plans to use his experiences tohelp "grow and other emerging companies.
Friday, October 7, 2011
Mid-America income spikes in first quarter - Memphis Business Journal:
yzirapogyg.wordpress.com
million sale of Woodstream, a 304-uniy property in North Carolina. It recorded totao gains of $1.4 million from the Jan. 15 The self-managed real estate investment trust reportef net incomeof $7.9 million, or 28 centsd per diluted common share for the quarter ending Marcyh 31, a 79.5 percentg increase compared to net income of $4.4 million, or 17 centsa per diluted common share, for the firsg quarter of 2008. It also reported funds from operationsof $30.7 million, or $1.01 per dilutede share, for the first a 14.1 percent increase compared to FFO of $26.0 million, or 96 cents per dilutesd share, in the same year-ago period.
Mid-Americ completed the renovation of 516 apartments in the first quarted at an average costof $4,280 per with rent increases averaging 9 percent. Memphis-base d Mid-America (NYSE: MAA) owns or has ownership interesyin 42,252 apartment units throughouyt the Sunbelt region of the U.S.
million sale of Woodstream, a 304-uniy property in North Carolina. It recorded totao gains of $1.4 million from the Jan. 15 The self-managed real estate investment trust reportef net incomeof $7.9 million, or 28 centsd per diluted common share for the quarter ending Marcyh 31, a 79.5 percentg increase compared to net income of $4.4 million, or 17 centsa per diluted common share, for the firsg quarter of 2008. It also reported funds from operationsof $30.7 million, or $1.01 per dilutede share, for the first a 14.1 percent increase compared to FFO of $26.0 million, or 96 cents per dilutesd share, in the same year-ago period.
Mid-Americ completed the renovation of 516 apartments in the first quarted at an average costof $4,280 per with rent increases averaging 9 percent. Memphis-base d Mid-America (NYSE: MAA) owns or has ownership interesyin 42,252 apartment units throughouyt the Sunbelt region of the U.S.
Wednesday, October 5, 2011
Fed's Beige Book: Midwest contraction
xagawu.wordpress.com
Whereas some industries experienced substantial dropse in activity during the pastsix weeks, modest increasesz in other sectors led the Fed to characterizse the Ninth District’s contraction as moderating. The Nintbh Federal District includes Minnesota, North Dakota, South Dakota, the Upper Peninsulw of Michigan and northwestern Consumer spending and tourism were still buthad “improved somewhagt from the previous few months,” according to the Fed. The servicr sector continued to experiencedecreasecd revenue, employment and profits compared to a year ago, and furthef profit contraction is likely.
The Fed characterizexd the commercial real estate sectoras “anemic,” addiny that residential construction continued at steadilty low levels. The residential real estate market did see more activity than in the previouwsreporting period. Manufacturing continued its slide, as did energy and mining. some wind energy projects continue to move and gold mines areat “near capacitgy production.” Labor markets continued to struggle. Job cuts in many of them in the health careand medical-devicde fields, were cited by the Fed in its assessment of labore conditions. Wage increases were modest, and firms surveyefd by the Fed expect to increase wagesby 1.
8 percent over the next Price increases, however, were “subdued,” with the rising cost of gas a notable the Fed reported. The Fed’s next Beige Book report is dueJuly 29.
Whereas some industries experienced substantial dropse in activity during the pastsix weeks, modest increasesz in other sectors led the Fed to characterizse the Ninth District’s contraction as moderating. The Nintbh Federal District includes Minnesota, North Dakota, South Dakota, the Upper Peninsulw of Michigan and northwestern Consumer spending and tourism were still buthad “improved somewhagt from the previous few months,” according to the Fed. The servicr sector continued to experiencedecreasecd revenue, employment and profits compared to a year ago, and furthef profit contraction is likely.
The Fed characterizexd the commercial real estate sectoras “anemic,” addiny that residential construction continued at steadilty low levels. The residential real estate market did see more activity than in the previouwsreporting period. Manufacturing continued its slide, as did energy and mining. some wind energy projects continue to move and gold mines areat “near capacitgy production.” Labor markets continued to struggle. Job cuts in many of them in the health careand medical-devicde fields, were cited by the Fed in its assessment of labore conditions. Wage increases were modest, and firms surveyefd by the Fed expect to increase wagesby 1.
8 percent over the next Price increases, however, were “subdued,” with the rising cost of gas a notable the Fed reported. The Fed’s next Beige Book report is dueJuly 29.
Monday, October 3, 2011
Rangers win 4-1 in preseason game at Bratislava - CBS News
mytyhona.wordpress.com
Globe and Mail | Rangers win 4-1 in preseason game at Bratislava CBS News New York Rangers' goalkeeper Henrik Lundqvist, right, receives a goal as his teammate Steve Eminger, left, looks on during their NHL exhibition hockey match between New York Rangers and Slovan Bratislava, in Bratislava, Slovakia, Sunday Oct. 2, 2011. ... Rangers sc! ore 4 straight to win Rangers Extend European Streak |
Saturday, October 1, 2011
BofA raises $26B for fed buffer - Charlotte Business Journal:
edibin.wordpress.com
billion in new capital that federal regulators say the bank Last week, BofA sold $13.5 billion in commobn stock. The Charlotte-based bank issuefd 1.25 billion shares at an average pricwof $10.77 per share. Also this month, BofA sold a 5.7 percenrt stake in China Construction Bank toAsianb investors. BofA realized a gain of $4.5 billion from the Those initiatives benefited Tier 1 common capitaklby $1.8 billion by reducing a deferred tax asset In addition, BofA has agreedd to exchange $5.9 billion in preferred sharesz held by nongovernmental entities for 436 million shares of common stock.
The compang says it could issue up to an additional 564 millio common shares in a similar Thecompany (NYSE:BAC) reiteratex that it could raise more funds by sellin assets such as First Republic Bank, a San Francisco-based and entering into joint ventures. Early this the federal government told BofA it needed toraise $33.9 billion in additional capitakl after the Federal Reserve conducted its “stress on the 19 largest U.S. banks. The government’s tests, officially called the Supervisory Capital Assessment Program, were designed to assess the banks’ abilityt to survive if economic conditions worsen more than expectefd during the next two years.
“We are quit pleased with the capital-raising effort and the progress toward completin g the asset sales and establishment of the joint saysJoe Price, BofA chief financiaol officer. “The company hopes to use the majority of the proceeds from thes initiatives to reduce reliance on government supporgt forthe company.”
billion in new capital that federal regulators say the bank Last week, BofA sold $13.5 billion in commobn stock. The Charlotte-based bank issuefd 1.25 billion shares at an average pricwof $10.77 per share. Also this month, BofA sold a 5.7 percenrt stake in China Construction Bank toAsianb investors. BofA realized a gain of $4.5 billion from the Those initiatives benefited Tier 1 common capitaklby $1.8 billion by reducing a deferred tax asset In addition, BofA has agreedd to exchange $5.9 billion in preferred sharesz held by nongovernmental entities for 436 million shares of common stock.
The compang says it could issue up to an additional 564 millio common shares in a similar Thecompany (NYSE:BAC) reiteratex that it could raise more funds by sellin assets such as First Republic Bank, a San Francisco-based and entering into joint ventures. Early this the federal government told BofA it needed toraise $33.9 billion in additional capitakl after the Federal Reserve conducted its “stress on the 19 largest U.S. banks. The government’s tests, officially called the Supervisory Capital Assessment Program, were designed to assess the banks’ abilityt to survive if economic conditions worsen more than expectefd during the next two years.
“We are quit pleased with the capital-raising effort and the progress toward completin g the asset sales and establishment of the joint saysJoe Price, BofA chief financiaol officer. “The company hopes to use the majority of the proceeds from thes initiatives to reduce reliance on government supporgt forthe company.”
Thursday, September 29, 2011
Solar Array, Gen. Mills detail expansions - Silicon Valley / San Jose Business Journal:
zutkomi.blogspot.com
broke ground April 5 on the $100 176,000-square-foot expansion of its manufacturingfacility here, Keith general manager of the local facility, told members of . AED held its quarterlyh meeting Thursdayat . Joe Hudgins, presiden and CEO of Solar Array Ventures, outlined his company’s plan to build a massive solar manufacturing plant on the city’x Westside. General Mills’ expansiob should be completedby November, Bone said. The cereal manufacturer will hire 60additional employees, bringing additional payroll to the area of $3.
5 The expansion also brings $30 million in spending to New The Albuquerque City Council approved a $100 million industriak revenue bond deal for the company in BE&K Corp. from North Carolina landed the design/builc contract to build the expansion, but Bone said 80 percenty of the firm’s spending and employeexs willbe local. The precast panels being used in the constructio are manufacturedin Belen. General Mills has been in Albuquerqudsince 1991. Its current facility is located near Pasek del Norte and Edith and has190 employees, with an annualp payroll of $12 million, said Bone. The 275,000-square-foot plant produces aboutf 135 million pounds annually of 35different cereals.
The facilitu also has a lab on-site where the instructione for baking General Mills productw at high altitudesare created. The company has give n about $5 million to area nonprofits sincs 1998and $519,000 in scholarships, Bone Don Power, chairman of AED, said the cereal company’sd donations illustrate one of the things the organization lookz for in recruiting companies: community involvement. Hudgins said Solarr Array plans to breakj ground by the third quarter of this year ona 225,000-square-foott thin-film photovoltaic manufacturing plant in the Corderl Mesa business park, west of the mattress factory.
The company plans to add three more buildingss of that size as it he said, with each facility employing about 225. Its annualo payroll in the first phase wouldbe $14 million. About five percent of the jobs wouldrpay $100,000, 45 percent would pay $70,0000 and half of the jobs would pay The capital investment for the first phase will be $170 millionm and the company would spend $40 million annually for raw The first phase is expectexd to have a capacity of 75 megawatts, but that would grow to 300 mw with the full The plant also will have a space that will servd as a community and educational Solar Array is seeking $175 million in industrial revenus bonds from Bernalillo County.
The company is working to raisse $210 million in debt and equity, Hudgin s said. Hudgins said New Mexico beat out two othe states forthe plant, despite the fact that it did not offere the largest incentives. But the coordination among localp and state government officials and other parties made New Mexic far more efficient in establishing a planninyg framework that the company coulf then use to plan a budget for the hesaid “That was a major issue for Hudgins said. He also praised the labor force here and theeducational institutions. The facility is being designed byPageSoutherlandPage LLP, which has Texads offices in Austin, Dallas and Houston, as well as Washington, D.C.
and London, U.K. Hoffman based in Portland, Ore., is building the
broke ground April 5 on the $100 176,000-square-foot expansion of its manufacturingfacility here, Keith general manager of the local facility, told members of . AED held its quarterlyh meeting Thursdayat . Joe Hudgins, presiden and CEO of Solar Array Ventures, outlined his company’s plan to build a massive solar manufacturing plant on the city’x Westside. General Mills’ expansiob should be completedby November, Bone said. The cereal manufacturer will hire 60additional employees, bringing additional payroll to the area of $3.
5 The expansion also brings $30 million in spending to New The Albuquerque City Council approved a $100 million industriak revenue bond deal for the company in BE&K Corp. from North Carolina landed the design/builc contract to build the expansion, but Bone said 80 percenty of the firm’s spending and employeexs willbe local. The precast panels being used in the constructio are manufacturedin Belen. General Mills has been in Albuquerqudsince 1991. Its current facility is located near Pasek del Norte and Edith and has190 employees, with an annualp payroll of $12 million, said Bone. The 275,000-square-foot plant produces aboutf 135 million pounds annually of 35different cereals.
The facilitu also has a lab on-site where the instructione for baking General Mills productw at high altitudesare created. The company has give n about $5 million to area nonprofits sincs 1998and $519,000 in scholarships, Bone Don Power, chairman of AED, said the cereal company’sd donations illustrate one of the things the organization lookz for in recruiting companies: community involvement. Hudgins said Solarr Array plans to breakj ground by the third quarter of this year ona 225,000-square-foott thin-film photovoltaic manufacturing plant in the Corderl Mesa business park, west of the mattress factory.
The company plans to add three more buildingss of that size as it he said, with each facility employing about 225. Its annualo payroll in the first phase wouldbe $14 million. About five percent of the jobs wouldrpay $100,000, 45 percent would pay $70,0000 and half of the jobs would pay The capital investment for the first phase will be $170 millionm and the company would spend $40 million annually for raw The first phase is expectexd to have a capacity of 75 megawatts, but that would grow to 300 mw with the full The plant also will have a space that will servd as a community and educational Solar Array is seeking $175 million in industrial revenus bonds from Bernalillo County.
The company is working to raisse $210 million in debt and equity, Hudgin s said. Hudgins said New Mexico beat out two othe states forthe plant, despite the fact that it did not offere the largest incentives. But the coordination among localp and state government officials and other parties made New Mexic far more efficient in establishing a planninyg framework that the company coulf then use to plan a budget for the hesaid “That was a major issue for Hudgins said. He also praised the labor force here and theeducational institutions. The facility is being designed byPageSoutherlandPage LLP, which has Texads offices in Austin, Dallas and Houston, as well as Washington, D.C.
and London, U.K. Hoffman based in Portland, Ore., is building the
Monday, September 26, 2011
Joy Global profits rise 67 percent - The Business Journal of Milwaukee:
rmerujopi.blogspot.com
The Milwaukee-based mining equipment manufacturer now projectxs that its fiscal 2009 salexs tobe $3.5 billionj to $3.6 billion, in the lower half of its previouxs outlook of $3.5 billion to $3.7 billion. however, are expected to continue to benefit from cost reductionm efforts and are now projected tobe $3.80 to $4 per in the higher end of the firm's priot guidance of $3.60 to $4 a In the fiscal second quarter ended May 1, net incomed surged to $120.5 million, or $1.1y7 per share, a 67 percent increase comparecd with $72.1 million, or 66 centsa per share, for the comparable period a year ago. Net sales grew 10 percen t to $923.5 million from $843.
1 Analysts polled by Thomson First Call projecteddJoy Global's second-quarter earnings to be 89 cents per on average. After openinvg lower, shares of Joy Global JOYG) rebounded to up 58 cents, in morning trading Wednesday. Joy Globaol management said sales were being hurtby $96 milliohn in canceled orders in the seconc quarter, raising the total valuwe of canceled orders to $300 million over the past threwe quarters. Sales were also being hurt by a slowdowbn in aftermarketorder rates. Order cancellationd were concentrated in North American copper andiron ore, U.S. Centralk Appalachian coal and Russian coal.
Joy Globalk now believes as muchas $525 million of its remaining original equipmen t backlog could be at risk as well. Much of that risk is due to uncertaintu with an oilsands project, Joy For the year to date, net incomee was $206.3 million, or $2 per share, compare with $143.2 million, or $1.31 per the year before. Net saleds were up $1.68 billion from $1.48 billion.
The Milwaukee-based mining equipment manufacturer now projectxs that its fiscal 2009 salexs tobe $3.5 billionj to $3.6 billion, in the lower half of its previouxs outlook of $3.5 billion to $3.7 billion. however, are expected to continue to benefit from cost reductionm efforts and are now projected tobe $3.80 to $4 per in the higher end of the firm's priot guidance of $3.60 to $4 a In the fiscal second quarter ended May 1, net incomed surged to $120.5 million, or $1.1y7 per share, a 67 percent increase comparecd with $72.1 million, or 66 centsa per share, for the comparable period a year ago. Net sales grew 10 percen t to $923.5 million from $843.
1 Analysts polled by Thomson First Call projecteddJoy Global's second-quarter earnings to be 89 cents per on average. After openinvg lower, shares of Joy Global JOYG) rebounded to up 58 cents, in morning trading Wednesday. Joy Globaol management said sales were being hurtby $96 milliohn in canceled orders in the seconc quarter, raising the total valuwe of canceled orders to $300 million over the past threwe quarters. Sales were also being hurt by a slowdowbn in aftermarketorder rates. Order cancellationd were concentrated in North American copper andiron ore, U.S. Centralk Appalachian coal and Russian coal.
Joy Globalk now believes as muchas $525 million of its remaining original equipmen t backlog could be at risk as well. Much of that risk is due to uncertaintu with an oilsands project, Joy For the year to date, net incomee was $206.3 million, or $2 per share, compare with $143.2 million, or $1.31 per the year before. Net saleds were up $1.68 billion from $1.48 billion.
Saturday, September 24, 2011
UPS reaches deal with pilots to avoid furloughs - Atlanta Business Chronicle:
qozito.wordpress.com
UPS and officials with the said the deal wouldr save the companyapproximately $90 million over three years and avoix the immediate idling on 300 pilots. The pact includex voluntary early retirements, short- and long-term leaves of absences, job sharingh and cuts to flightpay guarantees. The deal comes as the global recessionn has sapped shipping and cut into profitswfor Atlanta-based UPS (NYSE: UPS). UPS reportex in April its first-quarter earningws fell about 56 percentto $401 UPS pilots had a deadline of June 2 to come up with a plan over the next threde years.
The new agreement is short of thatoriginaol goal, but under a deal betweeb UPS and the pilots union, no pilota will be furloughed through April 1, 2010. The uniobn also agreed to find additional Officials said they were confideny additional savings wouldbe found. ”Thisz is another example of UPS’s commitmentg to its employees andtheid families,” Bob Lekites, UPS Airlines president, said in a “It also shows how a company and its union can work togetherr to achieve a mutuallh beneficial outcome.
We applaud our pilots for making the voluntary commitments necessary to help us protecf our business and UPS jobs in this uncertain globalo economy and we thank the IPA for theidr leadership inthis process.” The concessionse are in line with $1 billion in wage cuts, froze 401k contributions and concessions already made by UPS In May, UPS retires its fleet of 44 aginv DC-8 freighters and the company said it has determined it has 300 more pilots than are currently In April, UPS approached the IPA to find ways to avoidr furloughing 300 pilots, or about 10 percenty or its 3,000 aviators.
"This is a remarkablee achievement," Bob Miller, president of the IPA, said in a "First of all I'd like to thank our pilots. None of this woulsd have happened ifthey hadn' t stepped up to volunteer from everh fleet, seat and domicile. It show s tremendous solidarity and compassion for ourfelloqw pilots. Second, I want to thank UPS. They didn'r have to go down this road with us. We appreciatd their openness to new ideas and theirr willingness to work with us in findinvg analternative solution.
"
UPS and officials with the said the deal wouldr save the companyapproximately $90 million over three years and avoix the immediate idling on 300 pilots. The pact includex voluntary early retirements, short- and long-term leaves of absences, job sharingh and cuts to flightpay guarantees. The deal comes as the global recessionn has sapped shipping and cut into profitswfor Atlanta-based UPS (NYSE: UPS). UPS reportex in April its first-quarter earningws fell about 56 percentto $401 UPS pilots had a deadline of June 2 to come up with a plan over the next threde years.
The new agreement is short of thatoriginaol goal, but under a deal betweeb UPS and the pilots union, no pilota will be furloughed through April 1, 2010. The uniobn also agreed to find additional Officials said they were confideny additional savings wouldbe found. ”Thisz is another example of UPS’s commitmentg to its employees andtheid families,” Bob Lekites, UPS Airlines president, said in a “It also shows how a company and its union can work togetherr to achieve a mutuallh beneficial outcome.
We applaud our pilots for making the voluntary commitments necessary to help us protecf our business and UPS jobs in this uncertain globalo economy and we thank the IPA for theidr leadership inthis process.” The concessionse are in line with $1 billion in wage cuts, froze 401k contributions and concessions already made by UPS In May, UPS retires its fleet of 44 aginv DC-8 freighters and the company said it has determined it has 300 more pilots than are currently In April, UPS approached the IPA to find ways to avoidr furloughing 300 pilots, or about 10 percenty or its 3,000 aviators.
"This is a remarkablee achievement," Bob Miller, president of the IPA, said in a "First of all I'd like to thank our pilots. None of this woulsd have happened ifthey hadn' t stepped up to volunteer from everh fleet, seat and domicile. It show s tremendous solidarity and compassion for ourfelloqw pilots. Second, I want to thank UPS. They didn'r have to go down this road with us. We appreciatd their openness to new ideas and theirr willingness to work with us in findinvg analternative solution.
"
Thursday, September 22, 2011
A Cheaper Mutual Fund Could Mean Better Performance - Forbes
sasutezew.blogspot.com
A Cheaper Mutual Fund Could Mean Better Performance Forbes Notes: Data reflect percentage of US equity mutual funds that outperformed their style benchmark for periods ended December 31, 2010. Data include only funds that survived the respective 5-, 10-, 15-, or 20-year periods. “US equity mutual funds†refers ... |
Tuesday, September 20, 2011
Bay Area names top stimulus priorities - San Francisco Business Times:
obofym.wordpress.com
Projects ranked among the highest in the plan cover a wide range of proposalsincluding high-speed rail extending the BART line to San Jose and boringg another roadway in the East Bay’x Caldecott Tunnel. Together, the highest-priority projects are seeking morethan $7 billionj in stimulus money. The priority list also includesw a new stem cell research facilitt at the in Marin energy efficiency and soladr retrofits of public and other buildings in San San Franciscoand Oakland; energhy conversions to LED streetlights; transit-oriented development projects and workforce trainingt and placement for laid-off employees.
“This plan is designefd to maximizeour region’s share of federalo stimulus funding and other state supportr that will benefit the Bay Area in both the near and said Sean Randolph, CEO of the , whicu was charged with compiling the The top 85 projectsx were classified as priorities for the Bay Area. Another 72 projects were consideref “significant” but given a slightly lower ranking becaus e they did not have the scale or regional impacyt of the most highlyranked suggestions.
Thosse projects include things like a desalination projecrt in the Montara Water andSanitary District, building a cleam technology demonstration manufacturing center in San Jose and outfittintg Burlingame city buildings with solard panels. The plan, which can be found onlinse at www.bayareaeconomy.org/recovery, was the culmination of a three-monthb vetting process. The report was sent to the . That state which requested that other metropolitan regions around the state submitsimilar plans, will now take all thos e plans and help coordinate with cities and countiex to lobby the federal government on behalfc of certain projects.
“This is to get people on the same page to minimizer the food fight where you have partes of the state compete againstone another,” said Dale head of the California Business Transportation and Housinf Agency. “What we’re doing is acting as a facilitatorr to help identifythe projects. The list’s authors said they hoped that ranking projects would help the region get morestimuluse money. “The Bay Area is the only region in California that actually attemptedto prioritize,” Randolph said. “We think that’s We think that will make us more successful in getting in getting those resources for thos very highvalue projects.
” Projects on the Economic Institute’s wish list coul d be in for a big payoff. Abougt $30 billion in federal stimulus money will be divvieds up in Sacramento before going to various regionxaround California. Another $20 billioj is expected to be distributed directly in the state by federap officials on a discretionary The chance to get dollars from the federal stimulus program led to a flurry of Bay Area authorities siftecd through almost570 suggestions.
To make the cut, projectzs were supposed to spurjob growth, have regiona l impact and align with state programs and priorities, among other The Economic Institute calleds upon local experts in specific fields to judge proposales that fit at least one of seven categories: transportation, energy/climate, workforce training and education, businesas development, science and innovation or The vast majority of projectds that made it to the Economic Institute’s short list were from government agencies. A range of companiez sought federal stimulus, too, sayingh that their service would help boost thebroader economy.
For example, a Berkeley-basedc firm called Picture it Sold soughf stimulus money to franchise its home-staging business. “We’re ready to move ahead with this plan the company wrote inits proposal, “and we’ll help thousandd of families and the whole economy to recover.” The company’a idea did not make the Economicc Institute’s highest priority cut. But an appendix to the Economic Institute’s wish list includes every proposa l it received.
Projects ranked among the highest in the plan cover a wide range of proposalsincluding high-speed rail extending the BART line to San Jose and boringg another roadway in the East Bay’x Caldecott Tunnel. Together, the highest-priority projects are seeking morethan $7 billionj in stimulus money. The priority list also includesw a new stem cell research facilitt at the in Marin energy efficiency and soladr retrofits of public and other buildings in San San Franciscoand Oakland; energhy conversions to LED streetlights; transit-oriented development projects and workforce trainingt and placement for laid-off employees.
“This plan is designefd to maximizeour region’s share of federalo stimulus funding and other state supportr that will benefit the Bay Area in both the near and said Sean Randolph, CEO of the , whicu was charged with compiling the The top 85 projectsx were classified as priorities for the Bay Area. Another 72 projects were consideref “significant” but given a slightly lower ranking becaus e they did not have the scale or regional impacyt of the most highlyranked suggestions.
Thosse projects include things like a desalination projecrt in the Montara Water andSanitary District, building a cleam technology demonstration manufacturing center in San Jose and outfittintg Burlingame city buildings with solard panels. The plan, which can be found onlinse at www.bayareaeconomy.org/recovery, was the culmination of a three-monthb vetting process. The report was sent to the . That state which requested that other metropolitan regions around the state submitsimilar plans, will now take all thos e plans and help coordinate with cities and countiex to lobby the federal government on behalfc of certain projects.
“This is to get people on the same page to minimizer the food fight where you have partes of the state compete againstone another,” said Dale head of the California Business Transportation and Housinf Agency. “What we’re doing is acting as a facilitatorr to help identifythe projects. The list’s authors said they hoped that ranking projects would help the region get morestimuluse money. “The Bay Area is the only region in California that actually attemptedto prioritize,” Randolph said. “We think that’s We think that will make us more successful in getting in getting those resources for thos very highvalue projects.
” Projects on the Economic Institute’s wish list coul d be in for a big payoff. Abougt $30 billion in federal stimulus money will be divvieds up in Sacramento before going to various regionxaround California. Another $20 billioj is expected to be distributed directly in the state by federap officials on a discretionary The chance to get dollars from the federal stimulus program led to a flurry of Bay Area authorities siftecd through almost570 suggestions.
To make the cut, projectzs were supposed to spurjob growth, have regiona l impact and align with state programs and priorities, among other The Economic Institute calleds upon local experts in specific fields to judge proposales that fit at least one of seven categories: transportation, energy/climate, workforce training and education, businesas development, science and innovation or The vast majority of projectds that made it to the Economic Institute’s short list were from government agencies. A range of companiez sought federal stimulus, too, sayingh that their service would help boost thebroader economy.
For example, a Berkeley-basedc firm called Picture it Sold soughf stimulus money to franchise its home-staging business. “We’re ready to move ahead with this plan the company wrote inits proposal, “and we’ll help thousandd of families and the whole economy to recover.” The company’a idea did not make the Economicc Institute’s highest priority cut. But an appendix to the Economic Institute’s wish list includes every proposa l it received.
Sunday, September 18, 2011
Two Years of 2B - Denver Business Travel Guide
ucenyt.wordpress.com
But be warned: There are no overarching trends As is so often the case on the these last two years have been almosttotallyu reactive: to insane swinges in the price of fuel to the apparentlgy endless cycle of boom-and-bust that dominatesa hotel development, and, of to the economic wave that has carried us from the relativelt giddy times of April 2007 to our current…uh, well…to whatevet it is we're living and working Southwest's Steady Course Even the nation's one financially sound U.S. carrier, Southwest Airlines, hasn't been able to escape the ravages ofthe nation's economic collapse.
Its trafficv is down about in linewith industry-wide trendz and it has taken the unprecedented step of trimming its overalk capacity by 4 percent this year. And the airline's vaunteds fuel-hedging strategy, which saved the carriet about $3.5 billion in the last cost it money in the second half of 2008 as oilpricexs collapsed. But some things neverf change: Southwest is using the downturn to positionb itself as an alternative tothe nation'a mainline carriers. After decades of shunning some of thelargesy U.S.
cities, it launched flight s to Minneapolislast month, is schedule d to begin its first-ever flights into New York (via LaGuardi a Airport) in June, and will serve Boston'sz Logan Airport in the fall. United's Inexorabld Decline It's gone from worst to even worse than that atUnitee Airlines, the most troubledd of the nation's so-called "legacy" carriers. Once the nation'z largest airline, United is hemorrhaging after abunglex mega-bankruptcy and years of management About 40 percent of what flieds as United Airlines is subcontracted to regional airlines and much of the remainingf service is actually code-share operations with its internationalk partners in the Star Every one of its union contracts becomes next year (airline contracts nevee technically expire).
Compared with the otherd legacy carriers, its cash reserves are small and there are few unencumbererd assetsto hock. And early next year, it will have to discussz cash-draining "holdbacks" with JP Morgan Chase, its credit-card processor. there's no good news, either, sincs its once-profitable service to the Pacific Rim is deterioratinf rapidly due to plunging yields to Asia and fresb competition on its Australia Fate of the Fourth Class The worldwide collapseof premium-classd traffic since last fall has had the expecteed effect: Airlines have stepped up their discounting in businessx class and more carriers are addintg a fourth class, which is rather generically known as "premium The discounting trend is both structurally strategic—thwe airlines now offer a range of discounts from threew to 60 days before departure—and tantalizinglh tactical, with sale fares slashing as much as 75 percent off the pricse of international business class.
As for premiu economy, Air France added the new cabimn on three premierroutes (from Parisd to New York, Tokyo, and But the fate of fourtj class is far from secure. Even as Air France was debuting, OpenSkies, British Airways'' boutique carrier, was renaming its fourth cabin asthe "bizx seat." The reason? Premium economy still exists in a computer-coded which makes selling it via the airline industry's omnipresent globapl reservation services difficult.
The Banking Blues and Londoj RediscoveredIf I've been at all prescient in the last two it was the Run on the Bankers columbn that posted shortly after Lehman Brothers tanked last Exactly in line with the meltdown of the bankers stopped flying, and that has caused the calamitous declin e in premium-class airline revenue. It's been especially tough on Britishb Airways, which is disproportionately dependent on premiumm flying on theNyLomn (New York-London) route. And there's no doubt that BA (and are still suffering a year on from the disastrousw opening weeks of Terminal 5 at Heathroaw Airport inMarch 2008. The good news for thosee of us wholove London?
The British capita l is cheap again for upscale American visitors, thank to massive airfare and hote discounts and the precipitous decline of the valu of the British pound. Counterintuitive Currency Just beforethe world's economies shuddered, the U.S. dollar was at an unaffordablelow ebb. But for reasons knownj only to the masters ofthe universe, the U.S. dolla has gained strength against almost all ofthe world'sx currencies as the American economy If you've got any discretionary income this will be a great summer to travel virtually anywhere in the The dollar is buying 20 to 50 percent more than last springg and summer.
The only exception: Japan, wherre the dollar continues to languish at or belowsthe 100-yen mark. A Fee By Any Othe r Name Still, it isn't all bread and dollar-denominated chocolates overseas. Banks and other financial institutionw continue to raise the fees they chargew when you use your ATM or credit card outsidwe of theUnited States. The latest trick: Currency-exchange fees of 3 percent or more even if you use yourown bank' s ATM card to make a withdrawal from your own accountg at an overseas ATM owned and operate by said bank.
Even financiapl institutions that continue toadvertiser fee-free ATM usage are adopting the currency One example: Charles Schwab whose print ads promise in big, bold type that ther are "No ATM fees—we rebate all ATM fees from any ATM. But as Schwab's fine print makes "ATM free rebates do not include currency exchange fees orothert fees." Some of the few truly fee-free porte in the storm are the credi cards and ATM cards issuer by Capital One.
The Fine Print… Allow me to end this columnm where I began inApril 2007: I stillo believe the single best investment you can make in your on-the-road comfort and productivity is Priority Pass, the worldwide airport-lounge accesss program. The fees haven't changed, but the lounge network has growh by20 percent, to more than 600 cluba in 300 cities. Portfolio.com © 2009 Cond Nast Inc. All
But be warned: There are no overarching trends As is so often the case on the these last two years have been almosttotallyu reactive: to insane swinges in the price of fuel to the apparentlgy endless cycle of boom-and-bust that dominatesa hotel development, and, of to the economic wave that has carried us from the relativelt giddy times of April 2007 to our current…uh, well…to whatevet it is we're living and working Southwest's Steady Course Even the nation's one financially sound U.S. carrier, Southwest Airlines, hasn't been able to escape the ravages ofthe nation's economic collapse.
Its trafficv is down about in linewith industry-wide trendz and it has taken the unprecedented step of trimming its overalk capacity by 4 percent this year. And the airline's vaunteds fuel-hedging strategy, which saved the carriet about $3.5 billion in the last cost it money in the second half of 2008 as oilpricexs collapsed. But some things neverf change: Southwest is using the downturn to positionb itself as an alternative tothe nation'a mainline carriers. After decades of shunning some of thelargesy U.S.
cities, it launched flight s to Minneapolislast month, is schedule d to begin its first-ever flights into New York (via LaGuardi a Airport) in June, and will serve Boston'sz Logan Airport in the fall. United's Inexorabld Decline It's gone from worst to even worse than that atUnitee Airlines, the most troubledd of the nation's so-called "legacy" carriers. Once the nation'z largest airline, United is hemorrhaging after abunglex mega-bankruptcy and years of management About 40 percent of what flieds as United Airlines is subcontracted to regional airlines and much of the remainingf service is actually code-share operations with its internationalk partners in the Star Every one of its union contracts becomes next year (airline contracts nevee technically expire).
Compared with the otherd legacy carriers, its cash reserves are small and there are few unencumbererd assetsto hock. And early next year, it will have to discussz cash-draining "holdbacks" with JP Morgan Chase, its credit-card processor. there's no good news, either, sincs its once-profitable service to the Pacific Rim is deterioratinf rapidly due to plunging yields to Asia and fresb competition on its Australia Fate of the Fourth Class The worldwide collapseof premium-classd traffic since last fall has had the expecteed effect: Airlines have stepped up their discounting in businessx class and more carriers are addintg a fourth class, which is rather generically known as "premium The discounting trend is both structurally strategic—thwe airlines now offer a range of discounts from threew to 60 days before departure—and tantalizinglh tactical, with sale fares slashing as much as 75 percent off the pricse of international business class.
As for premiu economy, Air France added the new cabimn on three premierroutes (from Parisd to New York, Tokyo, and But the fate of fourtj class is far from secure. Even as Air France was debuting, OpenSkies, British Airways'' boutique carrier, was renaming its fourth cabin asthe "bizx seat." The reason? Premium economy still exists in a computer-coded which makes selling it via the airline industry's omnipresent globapl reservation services difficult.
The Banking Blues and Londoj RediscoveredIf I've been at all prescient in the last two it was the Run on the Bankers columbn that posted shortly after Lehman Brothers tanked last Exactly in line with the meltdown of the bankers stopped flying, and that has caused the calamitous declin e in premium-class airline revenue. It's been especially tough on Britishb Airways, which is disproportionately dependent on premiumm flying on theNyLomn (New York-London) route. And there's no doubt that BA (and are still suffering a year on from the disastrousw opening weeks of Terminal 5 at Heathroaw Airport inMarch 2008. The good news for thosee of us wholove London?
The British capita l is cheap again for upscale American visitors, thank to massive airfare and hote discounts and the precipitous decline of the valu of the British pound. Counterintuitive Currency Just beforethe world's economies shuddered, the U.S. dollar was at an unaffordablelow ebb. But for reasons knownj only to the masters ofthe universe, the U.S. dolla has gained strength against almost all ofthe world'sx currencies as the American economy If you've got any discretionary income this will be a great summer to travel virtually anywhere in the The dollar is buying 20 to 50 percent more than last springg and summer.
The only exception: Japan, wherre the dollar continues to languish at or belowsthe 100-yen mark. A Fee By Any Othe r Name Still, it isn't all bread and dollar-denominated chocolates overseas. Banks and other financial institutionw continue to raise the fees they chargew when you use your ATM or credit card outsidwe of theUnited States. The latest trick: Currency-exchange fees of 3 percent or more even if you use yourown bank' s ATM card to make a withdrawal from your own accountg at an overseas ATM owned and operate by said bank.
Even financiapl institutions that continue toadvertiser fee-free ATM usage are adopting the currency One example: Charles Schwab whose print ads promise in big, bold type that ther are "No ATM fees—we rebate all ATM fees from any ATM. But as Schwab's fine print makes "ATM free rebates do not include currency exchange fees orothert fees." Some of the few truly fee-free porte in the storm are the credi cards and ATM cards issuer by Capital One.
The Fine Print… Allow me to end this columnm where I began inApril 2007: I stillo believe the single best investment you can make in your on-the-road comfort and productivity is Priority Pass, the worldwide airport-lounge accesss program. The fees haven't changed, but the lounge network has growh by20 percent, to more than 600 cluba in 300 cities. Portfolio.com © 2009 Cond Nast Inc. All
Friday, September 16, 2011
Vectra Bank
adatynu.wordpress.com
in May, down from 79.4 in Apriol and 78.1 in March but up from February’s 74.4. Indexes from April and earliert are revisedfrom Vectra’s initial The index measures business conditions from the viewpoinrt of the small-business owner or The lower the indexx number, the less favorable conditions are deemed to be for smal l business. The index is based on a 100-poiny scale for 1997. “Despite continued weakness in the state’s employment more and more signs are emerginh that the worst of the currenf recession isbehind us,” Vectra corporate economist Jeff Thredgolf said.
“While we don’t anticipate a returmn to positive Colorado job growth until sometimenext year, continuex improvement in the U.S. and globap economies over the next few months shoulfd translate into somewhat stronger business opportunitiesfor Colorado’sw small businesses,” Thredgold said. He said that an expected reboun d in the global economy over the next six to 12 monthais “a favorable development for thousands of Colorado’e small businesses.” Nationwide, Vectra’s Small Business Index rose to 62.7 in May from a reviseds 60.1 in April and a revised 60.
9 in “More positive employment developments nationally, combined with higher consumer confidence, strengthenerd our view of the U.S. outlook,” Thredgoldx said. May numbers are likely to be revisedcin Vectra’s June report. Vectra Bank is a unit of Salt Lake City-baseds .
in May, down from 79.4 in Apriol and 78.1 in March but up from February’s 74.4. Indexes from April and earliert are revisedfrom Vectra’s initial The index measures business conditions from the viewpoinrt of the small-business owner or The lower the indexx number, the less favorable conditions are deemed to be for smal l business. The index is based on a 100-poiny scale for 1997. “Despite continued weakness in the state’s employment more and more signs are emerginh that the worst of the currenf recession isbehind us,” Vectra corporate economist Jeff Thredgolf said.
“While we don’t anticipate a returmn to positive Colorado job growth until sometimenext year, continuex improvement in the U.S. and globap economies over the next few months shoulfd translate into somewhat stronger business opportunitiesfor Colorado’sw small businesses,” Thredgold said. He said that an expected reboun d in the global economy over the next six to 12 monthais “a favorable development for thousands of Colorado’e small businesses.” Nationwide, Vectra’s Small Business Index rose to 62.7 in May from a reviseds 60.1 in April and a revised 60.
9 in “More positive employment developments nationally, combined with higher consumer confidence, strengthenerd our view of the U.S. outlook,” Thredgoldx said. May numbers are likely to be revisedcin Vectra’s June report. Vectra Bank is a unit of Salt Lake City-baseds .
Tuesday, September 13, 2011
Ritz-Carlton Denver names new GM - Business First of Columbus:
kapitonragomo.blogspot.com
Andrew Rogers comes to the 1881Curtis St. hotel from the Ritz-Carltoh Kapalua in Hawaii, where he oversa the resort’s $170 million re-launch. Before then, Rogers served as resort manager forthe Ritz-Carlton Club in St. U.S. Virgin Islands, and director of golf operationse forthe Ritz-Carlton in Rose Hall, Before beginning his employmengt for in 1999, Rogers worked in ’zs golf division at three separate resorts. He holdsx a bachelor of science in marketing from Ferrid State University and has a wife andtwo “My family and I are excited to be in a city as wonderfup as Denver and I look forward to becoming part of the Rogers said in a news release.
The Ritz-Carltonj Denver property includes 202 guest roomss spread over14 floors, a spa and Elway’se Downtown restaurant.
Andrew Rogers comes to the 1881Curtis St. hotel from the Ritz-Carltoh Kapalua in Hawaii, where he oversa the resort’s $170 million re-launch. Before then, Rogers served as resort manager forthe Ritz-Carlton Club in St. U.S. Virgin Islands, and director of golf operationse forthe Ritz-Carlton in Rose Hall, Before beginning his employmengt for in 1999, Rogers worked in ’zs golf division at three separate resorts. He holdsx a bachelor of science in marketing from Ferrid State University and has a wife andtwo “My family and I are excited to be in a city as wonderfup as Denver and I look forward to becoming part of the Rogers said in a news release.
The Ritz-Carltonj Denver property includes 202 guest roomss spread over14 floors, a spa and Elway’se Downtown restaurant.
Sunday, September 11, 2011
Ovechkin living the rookie life once more - Washington Times
zycibyp.wordpress.com
Globe and Mail | Ovechkin living the rookie life once more Washington Times Many of the top Caps prospects have skated with Ovechkin before, either during informal workouts or in past camps. But that doesn't get rid of the butterflies entirely. “I'm lucky enough to have seen him over a couple years,†center Cody Eakin said, ... Cody Eakin impressive in first Capitals practice Capitals Rookie Camp Begins |
Friday, September 9, 2011
Metro councilors postpone MERC decision - Phoenix Business Journal:
http://bede.net/p/pers/book3.html
Specifically, the council delayed deciding whethetr to assume control over the hirinfg ofthe commission’s general manager. The seven-membetr MERC board of directors currently hasthat responsibility. The councikl could decide on the measure atits Aug. 13 A last-minute resolution introducer by Metro Councilor Rod Parkat Thursday’ Metro meeting calls for Michaelk Jordan, Metro’s chief executive officer, to devise operational strategies for MERC once a new leade r takes the helm. Jordan will determines how MERC can beoperated “with the highest level of efficiency, accountability, transparency and minimal duplication of overhead expenses.
” The move comesx a week after MERC general managerr David Woolson resigned his position. Jordan will meet with businessa leaders and residents interested in the facilities that MERC MERC operates the OregonConvention Center, the Portlanr Center for Performing Arts and the Expo The move gives Metro more time to determine if MERC operatexs under the best structure. Volunteer boards members from the business world comprisethe commission’ board of directors. “I think the collaborativre natureof (Jordan’s) decisions will yield exactly what’s needed,” said Jeff CEO and president of , MERC’ key tourism partner.
“He’s pledged that the industru will workwith him, and as we represent the visitorsx industry, we’ll make sure we’ll be there for him and bounce ideae off him.” Miller wants businesses to retain a big voice within the commission. with the economic benefits thesebuildings deliver, the business communityg is very interested in how MERC runs,” he “It’s a very entrepreneurial business that relies on their enterprised revenue.” Jordan will make recommendationds on MERC’s operating future at the Aug. 13 The council voted 5-0 to approve Park’s resolution.
“I look forwardd to the challenge of making this region more competitived andmore distinct,” Park said. “We need to incorporatw more of that intoour thinking.”
Specifically, the council delayed deciding whethetr to assume control over the hirinfg ofthe commission’s general manager. The seven-membetr MERC board of directors currently hasthat responsibility. The councikl could decide on the measure atits Aug. 13 A last-minute resolution introducer by Metro Councilor Rod Parkat Thursday’ Metro meeting calls for Michaelk Jordan, Metro’s chief executive officer, to devise operational strategies for MERC once a new leade r takes the helm. Jordan will determines how MERC can beoperated “with the highest level of efficiency, accountability, transparency and minimal duplication of overhead expenses.
” The move comesx a week after MERC general managerr David Woolson resigned his position. Jordan will meet with businessa leaders and residents interested in the facilities that MERC MERC operates the OregonConvention Center, the Portlanr Center for Performing Arts and the Expo The move gives Metro more time to determine if MERC operatexs under the best structure. Volunteer boards members from the business world comprisethe commission’ board of directors. “I think the collaborativre natureof (Jordan’s) decisions will yield exactly what’s needed,” said Jeff CEO and president of , MERC’ key tourism partner.
“He’s pledged that the industru will workwith him, and as we represent the visitorsx industry, we’ll make sure we’ll be there for him and bounce ideae off him.” Miller wants businesses to retain a big voice within the commission. with the economic benefits thesebuildings deliver, the business communityg is very interested in how MERC runs,” he “It’s a very entrepreneurial business that relies on their enterprised revenue.” Jordan will make recommendationds on MERC’s operating future at the Aug. 13 The council voted 5-0 to approve Park’s resolution.
“I look forwardd to the challenge of making this region more competitived andmore distinct,” Park said. “We need to incorporatw more of that intoour thinking.”
Wednesday, September 7, 2011
Huckabee's 9/11 Story for Kids Falls Short - Patch.com
artemchuksykitas.blogspot.com
Huckabee's 9/11 Story for Kids Falls Short Patch.com Most people can remember the America that existed before September 11, 2001. It was a time before the color coded terror alerts, the Patriot Act and heightened airport security. It was a time when you were suspicious of the activities ... |
Monday, September 5, 2011
Northside ISD can now boast: over a million videos viewed - New Mexico Business Weekly:
http://outofsoundrecords.com/index/282.html
KLRN and Discovery Education presented NISD Superintendent John Folks with a certificate signed by Discoveru Education President Bill Goodwyn and KLRN General Manager Joanne recognizing hisschool district’e one millionth educational video viewed. A studentf of Thomas C. Clark High School was responsible for the one milliontg view by watching a piece entitled “Assignment Discovery: An Inside Look at the More than half the schoolxs in the nation have accesd to Discovery Education digital content in the Currenty 40 districts in the KLRN viewingf area are subscribers.
NISD is one of the first districts nationwidew to attainthe one-millionth-view All Northside ISD schools subscribe to KLRN which brings digital video from Discovery Education directly to district Subscribing schools enjoy access to more than 5,000 instructional videods and over 41,000 video clips correlates to Texas state educational standards. Discoverg Education is a divisionof , whosw networks include , Animal Planet and Science According to Superintendent Folks, “Using technology to increasde academic excellence is a top priority for Northside ISD.
Usin KLRN Connect helps us improve student achievementt and puts us on the leadingv edge of technological innovation in the SanAntoniol area.” NewTek Inc., a San Antonio-base d manufacturer of video and 3D animatiobn products, has just signed on for a new gig. Rock Roll Fantasy Camp (www.rockcamp.com) is usinb the NewTek TriCaster portablse live production and virtual set systemj to stream live performances from future Rock Rock ‘N’ Roll Fantasy Camp is the ultimatd music experience that givexs musicians and enthusiasts the once-in-a-lifetime opportunity to jam with legendary rock Camps are held each year in cities with famed recordingf studios and venues.
Hollywood was the locatiom of the2009 U.S. camp, held Aprilp 29 to May 3. A London camp is scheduled for Nov. 3-8. NewTe k had a booth at the Hollywood camp and gave away a signes guitar in arandom drawing. Attendee Peter Lebow was the winne r of anEpiphone SG-Special Guitar adornef with autographs of Mickey Dolenz (The Elliot Easton (The Cars), Chris Slade (AC/DC) and Kip Wingetr (Winger). The Workforce Development & Community Education department at AlampoColleges — Northeast Lakeview College is offering a slatr of summer classes to the community. Do you need a Microsoft Word class? Have you ever thought about learning toplay golf? Or designing your own bedroom makeover?
Maybd you would be interested in digital scrapbooking The college is offering somethintg for everyone, with classes availabl in business and career, health and computer skills, and personal enrichment. Adults over 50 can learnb more aboutthe college’s Encore 50 community educationn program that provides classes, lectures, and social To learn more about new and additional or to register online, visit the Web site or call 486-5313 for more information or to will bring its first ever “Life Festival” to San Antonilo on May 15-16 at Henry B. Gonzalez Convention Centeer downtown.
This cross-generational celebration will feature high-profile speakersd such as author Sandra fashion designer CarmenMarc Valvo, former mayor of San Antonik Henry G. Cisneros, sports commentator Jorge along with entertainment from Grammty Award winners David Lee Garzs andLos Lobos. Festival activities for attendees will includeda “marketplace;” forums addressing health, wellness and financial security free health screenings; a job fair; and a banner weekendd of musical entertainment. Festivities begin at noon on May 15, and at 9 a.m. on May 16. The job featuring leading San Antonio will take place both days of the The festival kicks off on Friday with a saluteto veterans.
Cisnerose will speak at noon on May 16 in an addresstitlex “Political Empowerment Through Neighborhood Revitalization.” The festival is free to all AARP memberes and $10 for non-members age 40 and up (includee a one-year AARP a $16 value). Evening concerts will be open to attendeezs for an additional fee and ticketdsare $10-$25. All concert ticketx must be purchased on site and will be availabled on afirst come, firsrt serve basis.
Additional information on the AARP Life transportation to the eventand pre-registration is available online at
KLRN and Discovery Education presented NISD Superintendent John Folks with a certificate signed by Discoveru Education President Bill Goodwyn and KLRN General Manager Joanne recognizing hisschool district’e one millionth educational video viewed. A studentf of Thomas C. Clark High School was responsible for the one milliontg view by watching a piece entitled “Assignment Discovery: An Inside Look at the More than half the schoolxs in the nation have accesd to Discovery Education digital content in the Currenty 40 districts in the KLRN viewingf area are subscribers.
NISD is one of the first districts nationwidew to attainthe one-millionth-view All Northside ISD schools subscribe to KLRN which brings digital video from Discovery Education directly to district Subscribing schools enjoy access to more than 5,000 instructional videods and over 41,000 video clips correlates to Texas state educational standards. Discoverg Education is a divisionof , whosw networks include , Animal Planet and Science According to Superintendent Folks, “Using technology to increasde academic excellence is a top priority for Northside ISD.
Usin KLRN Connect helps us improve student achievementt and puts us on the leadingv edge of technological innovation in the SanAntoniol area.” NewTek Inc., a San Antonio-base d manufacturer of video and 3D animatiobn products, has just signed on for a new gig. Rock Roll Fantasy Camp (www.rockcamp.com) is usinb the NewTek TriCaster portablse live production and virtual set systemj to stream live performances from future Rock Rock ‘N’ Roll Fantasy Camp is the ultimatd music experience that givexs musicians and enthusiasts the once-in-a-lifetime opportunity to jam with legendary rock Camps are held each year in cities with famed recordingf studios and venues.
Hollywood was the locatiom of the2009 U.S. camp, held Aprilp 29 to May 3. A London camp is scheduled for Nov. 3-8. NewTe k had a booth at the Hollywood camp and gave away a signes guitar in arandom drawing. Attendee Peter Lebow was the winne r of anEpiphone SG-Special Guitar adornef with autographs of Mickey Dolenz (The Elliot Easton (The Cars), Chris Slade (AC/DC) and Kip Wingetr (Winger). The Workforce Development & Community Education department at AlampoColleges — Northeast Lakeview College is offering a slatr of summer classes to the community. Do you need a Microsoft Word class? Have you ever thought about learning toplay golf? Or designing your own bedroom makeover?
Maybd you would be interested in digital scrapbooking The college is offering somethintg for everyone, with classes availabl in business and career, health and computer skills, and personal enrichment. Adults over 50 can learnb more aboutthe college’s Encore 50 community educationn program that provides classes, lectures, and social To learn more about new and additional or to register online, visit the Web site or call 486-5313 for more information or to will bring its first ever “Life Festival” to San Antonilo on May 15-16 at Henry B. Gonzalez Convention Centeer downtown.
This cross-generational celebration will feature high-profile speakersd such as author Sandra fashion designer CarmenMarc Valvo, former mayor of San Antonik Henry G. Cisneros, sports commentator Jorge along with entertainment from Grammty Award winners David Lee Garzs andLos Lobos. Festival activities for attendees will includeda “marketplace;” forums addressing health, wellness and financial security free health screenings; a job fair; and a banner weekendd of musical entertainment. Festivities begin at noon on May 15, and at 9 a.m. on May 16. The job featuring leading San Antonio will take place both days of the The festival kicks off on Friday with a saluteto veterans.
Cisnerose will speak at noon on May 16 in an addresstitlex “Political Empowerment Through Neighborhood Revitalization.” The festival is free to all AARP memberes and $10 for non-members age 40 and up (includee a one-year AARP a $16 value). Evening concerts will be open to attendeezs for an additional fee and ticketdsare $10-$25. All concert ticketx must be purchased on site and will be availabled on afirst come, firsrt serve basis.
Additional information on the AARP Life transportation to the eventand pre-registration is available online at
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