WV DOT Implements New 511 System WTRF By Kelsey Ribblett, Producer - email AES Drilling based in Houston, Texas has opened a new plant in Benwood. The $2 million facility makes synthetic oil-based drilling fluid. The fluid often called "drilling mud" is used in drilling wells. |
Saturday, June 9, 2012
WV DOT Implements New 511 System - WTRF
valvookimakaj1362.blogspot.com
Friday, June 8, 2012
Workers at two MillerCoors plants ratify new deals - Silicon Valley / San Jose Business Journal:
ekaterinaiuvo.blogspot.com
and Fort Worth, Texas, have ratifier new, three-year contracts. The agreements coverr more than 900 employees at the two brewerieds and provide wage and pensiohn increases over the course ofthe contracts. “Out members overwhelmingly ratified these contracts at MillerCoors becausre they provide stability for their saidJack Cipriani, director of the Teamsters Brewery and Soft Drinok Workers Conference, which represents workers at the “For the next three years, our members at MillerCoores know that their wages and pensiojn benefits will increase, which is saying a lot in today’ss economy.
” The contracts call for no health care cost increases for workers in the firs year of the contract and only minor increases for the seconr and third years, accordinh to the union. The new deal also guaranteese that employees who have retired or who will retire duringf the course ofthe three-year contracts won’f be required to pay health care “We value all generations of our so we made sure that there were improvementsx for both active members at MillerCoors and the retirees who had pavedd the way before with their long years of service,” Cipriani said. The Teamsters union representsd 1,200 MillerCoors workers nationwide.
The unio n also represents workers at the MillerCoords breweryin Irwindale, Calif. Negotiationss for a new contract covering employees at the plant areunder way. MillerCoors is a joint venture betweeb MillerBrewing Co., Milwaukee, and Coorxs Brewing Co., Golden, Colo., that launched in July 2008. MillerCoorx operates a major brewery and regional officeon Milwaukee’w west side. Workers at the Milwaukees brewery are represented by Brewery Workers Local 9 of the Unitex AutoWorkers union.
and Fort Worth, Texas, have ratifier new, three-year contracts. The agreements coverr more than 900 employees at the two brewerieds and provide wage and pensiohn increases over the course ofthe contracts. “Out members overwhelmingly ratified these contracts at MillerCoors becausre they provide stability for their saidJack Cipriani, director of the Teamsters Brewery and Soft Drinok Workers Conference, which represents workers at the “For the next three years, our members at MillerCoores know that their wages and pensiojn benefits will increase, which is saying a lot in today’ss economy.
” The contracts call for no health care cost increases for workers in the firs year of the contract and only minor increases for the seconr and third years, accordinh to the union. The new deal also guaranteese that employees who have retired or who will retire duringf the course ofthe three-year contracts won’f be required to pay health care “We value all generations of our so we made sure that there were improvementsx for both active members at MillerCoors and the retirees who had pavedd the way before with their long years of service,” Cipriani said. The Teamsters union representsd 1,200 MillerCoors workers nationwide.
The unio n also represents workers at the MillerCoords breweryin Irwindale, Calif. Negotiationss for a new contract covering employees at the plant areunder way. MillerCoors is a joint venture betweeb MillerBrewing Co., Milwaukee, and Coorxs Brewing Co., Golden, Colo., that launched in July 2008. MillerCoorx operates a major brewery and regional officeon Milwaukee’w west side. Workers at the Milwaukees brewery are represented by Brewery Workers Local 9 of the Unitex AutoWorkers union.
Wednesday, June 6, 2012
Norwich set for Hughton talks - ESPN
hydiuco.blogspot.com
Goal.com | Norwich set for Hughton talks ESPN By ESPN staff Norwich City have been given permission to talk to the Birmingham City manager, Chris Hughton, as they step up the search for a successor to Paul Lambert. Norwich asked Birmingham for the go-ahead to talk to the former Newcastle boss, ... Hughton set for Norwich talks Birmingham manager Chris Hughton is given permission to speak to Norwich. Lambert free to rebuild Villa by raiding Norwich |
Tuesday, June 5, 2012
Stray dog with its head stuck in container is saved thanks to flashmob rescue ... - Daily Mail
xoqylyjibo.wordpress.com
Examiner.com | Stray dog with its head stuck in container is saved thanks to flashmob rescue ... Daily Mail By Daily Mail Reporter A stray dog which got its head stuck in a plastic container has been saved thanks to a flashmob-style rescue party organised through Facebook. Kind-hearted Tracee Burton spotted the hapless hound in obvious distress as it ... < p size="-1">Facebook animal lovers rescue Memphis dog with jar stuck over her head Dog with head stuck in container saved after its photo was posted to Facebook |
Sunday, June 3, 2012
National Science Foundation solicits grant proposals - Cordova Times
moffaiqohegesa1490.blogspot.com
National Science Foundation solicits grant proposals Cordova Times Two ArcSEES webinars will be held June 6 at 2 pm (Eastern Time) by the Alaska Center for Climate Assessment & Policy (http://ine.uaf.edu/accap/teleconference.htm [http://ine.uaf.edu/accap/teleconference.htm]) and June 20 at 1 pm (Eastern Time). by EPA ... |
Saturday, June 2, 2012
Tree of Life moving to L.A. - Los Angeles Business from bizjournals:
iwibacibem.wordpress.com
The company, which markets and distributesw natural andspecialty foods, opened its Oakland- area distributiojn center in 1991. Greg Leonard, vice president of communications andtradee relations, said Tree of Life wanted a single distribution center and chose to move to its newer, "state-of-the-art" location to Los It will lay off about 80 Tree of Life has been operating out of a 130,000-square-foot building and has a leaswe on a second 19,000-square-fooyt building in East Bay. The leasew expires in 2006, and Tree of Life is looking to subleasd the space or have another tenan t take overits lease, Leonard said.
In consolidating its distributioj facilities, Leonard said the compangy will be able to streamlinre more ofits operations. For instance, he the Los Angeles site will allow increased inventoru levels in a single location tominimize out-of-stoco risks, provide consolidated receiving and shipping operations and consolidate regionalp procurement management in a single, larger center.
The company, which markets and distributesw natural andspecialty foods, opened its Oakland- area distributiojn center in 1991. Greg Leonard, vice president of communications andtradee relations, said Tree of Life wanted a single distribution center and chose to move to its newer, "state-of-the-art" location to Los It will lay off about 80 Tree of Life has been operating out of a 130,000-square-foot building and has a leaswe on a second 19,000-square-fooyt building in East Bay. The leasew expires in 2006, and Tree of Life is looking to subleasd the space or have another tenan t take overits lease, Leonard said.
In consolidating its distributioj facilities, Leonard said the compangy will be able to streamlinre more ofits operations. For instance, he the Los Angeles site will allow increased inventoru levels in a single location tominimize out-of-stoco risks, provide consolidated receiving and shipping operations and consolidate regionalp procurement management in a single, larger center.
Thursday, May 31, 2012
Are you embracing this brave new world? - bizjournals:
tiqosi.wordpress.com
According to the National Associationof Realtors, nearly 90 percent of home buyers use the That means companies need to reacuh these people, and firms such as Coldwelpl Banker are shifting their resources in that “If we aren’t spending the lion’s share of our marketing dollars ther (online), then we aren’t paying says Jodi Tate, the general manager of Coldwell Banker Triad Realtors, who is base d in the company’s Winston-Salem office.
Applicatione for smart phones such as the iPhonwe and Blackberry are gaining By the endof June, Coldwell Banked expects to launch a Web site specificallt targeted to these kinds of Because of the smalled screen size, complex graphics can be hard to read and the amounyt of information on a site needsa to be limited for easy accessibility. The modifiedc Web site will allow people to get information about homed that pique their interest even as they are drivingb downthe street.
“So if someone is sitting in front of a they will be able to go directly to our Web and access all of the informationand photos,” Tate “We feel this is reall y a requirement in this day and
According to the National Associationof Realtors, nearly 90 percent of home buyers use the That means companies need to reacuh these people, and firms such as Coldwelpl Banker are shifting their resources in that “If we aren’t spending the lion’s share of our marketing dollars ther (online), then we aren’t paying says Jodi Tate, the general manager of Coldwell Banker Triad Realtors, who is base d in the company’s Winston-Salem office.
Applicatione for smart phones such as the iPhonwe and Blackberry are gaining By the endof June, Coldwell Banked expects to launch a Web site specificallt targeted to these kinds of Because of the smalled screen size, complex graphics can be hard to read and the amounyt of information on a site needsa to be limited for easy accessibility. The modifiedc Web site will allow people to get information about homed that pique their interest even as they are drivingb downthe street.
“So if someone is sitting in front of a they will be able to go directly to our Web and access all of the informationand photos,” Tate “We feel this is reall y a requirement in this day and
Wednesday, May 30, 2012
Academic Team honoree: Neha Bakhai - Business First of Buffalo:
humojo.wordpress.com
Accomplishments: ACT score of 34 (equal to 1,5200 on SAT). Scores of 98-100 on four Regentsx exams. National Merit Scholarship letterof commendation. AP Scholaf Award (with Distinction). RPI Rensselaer Medal for Math and Captain of basketball andsoccer teams. Full name: Neha Born: August 26, 1991, Williamsville. Smita Bakhai, Yogesh Bakhai. Williamsville. Favorite class: Calculus (taught by Paul Sondel) and governmeny (taught by Timothy Redmond). “Both thosse teachers are very passionatw about whatthey teach. They make me want to plus they arevery funny.” College and likely , pre-medicine. Hope to be doing 10 year from now: “I have no idea.
” If coulx meet anyone from “My grandpa, whom I have never If could have dinner with anyone now Barack Obama. “I could learm a lot from to proceed to the next FirsyTeam honoree: David Ban.
Accomplishments: ACT score of 34 (equal to 1,5200 on SAT). Scores of 98-100 on four Regentsx exams. National Merit Scholarship letterof commendation. AP Scholaf Award (with Distinction). RPI Rensselaer Medal for Math and Captain of basketball andsoccer teams. Full name: Neha Born: August 26, 1991, Williamsville. Smita Bakhai, Yogesh Bakhai. Williamsville. Favorite class: Calculus (taught by Paul Sondel) and governmeny (taught by Timothy Redmond). “Both thosse teachers are very passionatw about whatthey teach. They make me want to plus they arevery funny.” College and likely , pre-medicine. Hope to be doing 10 year from now: “I have no idea.
” If coulx meet anyone from “My grandpa, whom I have never If could have dinner with anyone now Barack Obama. “I could learm a lot from to proceed to the next FirsyTeam honoree: David Ban.
Monday, May 28, 2012
Future looks good for Matthews - Charlotte Observer
jaqezuweg.blogspot.com
Future looks good for Matthews Charlotte Observer By Melinda Johnston The town of Matthews is growing in its population and tax base, so it's offering residents more amenities and its future looks bright, according to Frank Warren of Kimley-Horne and Associates. Warren's remarks were part of a recent ... |
Sunday, May 27, 2012
XM forges partnership with Southeastern Conference - Baltimore Business Journal:
disqualify-sida.blogspot.com
D.C.-based XM will broadcast basketball and other sports fromthe SEC, starting with the conference'sz men's basketball tournament being playerd in Atlanta from March XM (NASDAQ: XMSR) will feature coast-to-coasy live broadcasts of the Universitt of Arkansas, University of Georgia, Universituy of Kentucky, Mississippi State University, University of Mississippi and University of Tennessee starting this year. The Universitty of South Carolina will join XM in the fall followed by the University of Floridaw in thefall 2009.
"XM will have a groul of channels dedicated tothe SEC, makinhg it easy for fans to find games and speciakl SEC programs," says Eric Logan, XM's executive vice president of in a statement. For now, though, the deal doesn' t include the University of Alabama or Auburnj University because the colleges already have agreementzwith , XM spokesman David Butler "We would love to have them on XM, but theird rights are currently not available," Butled says. XM and New York-based Siriuzs (NASDAQ: SIRI) said last month that they wouldc combine to forma $13 billion business.
D.C.-based XM will broadcast basketball and other sports fromthe SEC, starting with the conference'sz men's basketball tournament being playerd in Atlanta from March XM (NASDAQ: XMSR) will feature coast-to-coasy live broadcasts of the Universitt of Arkansas, University of Georgia, Universituy of Kentucky, Mississippi State University, University of Mississippi and University of Tennessee starting this year. The Universitty of South Carolina will join XM in the fall followed by the University of Floridaw in thefall 2009.
"XM will have a groul of channels dedicated tothe SEC, makinhg it easy for fans to find games and speciakl SEC programs," says Eric Logan, XM's executive vice president of in a statement. For now, though, the deal doesn' t include the University of Alabama or Auburnj University because the colleges already have agreementzwith , XM spokesman David Butler "We would love to have them on XM, but theird rights are currently not available," Butled says. XM and New York-based Siriuzs (NASDAQ: SIRI) said last month that they wouldc combine to forma $13 billion business.
Friday, May 25, 2012
City National
bengeyqafiba1640.blogspot.com
“Our long-term goal is to cover the saidSteve Green, City National’s regional manager for Centrak Florida. “There really isn’t a Florida-dominany bank today that does City National likely will add locations througbh both acquisitions andnew construction, Green said. If City Nationapl succeeds, it will occupy a niche largely left emptyh since Barnett Bank became part of Nationsbank in the Florida banking today is a mix of communituy banks withlimited operations, regional lenders such as SunTrust Banka and giant banks, which include Bank of JP Morgan Chase and Wells Fargo.
A well-financed lender that focusesz on the state could offert customers the personal attention of community bankd combined with the financial clout to make big said Green. The bank’s new localp branch — its stafvf of eight occupying the space formerly usedby Sergio’s Restaurantt — faces the towering Bank of Americaz building on North Orange Avenue, a physicao reminder of the giant competitors City Nationall will face as it pursues its growth strategy. City Nationapl is one of Soutyh Florida’s oldest financial institutions.
Until it openex a small loan office on the second floor of an Altamonte Springs office building twoyears ago, the 63-year-old bank operatef exclusively in Miami-Dade, Browards and Palm Beach counties. The opportunity to reach beyond its historixc turf came last fall whenCaja Madrid, a Spanish lender with more than $300 billiob in assets, bought an 83 percent stake in City Nationa for $927 million. Green said Caja Madrid’s ownershil and City National’s strong balance sheet givesa it the resources to undertake expansion when othetr lenders arecutting staff. “We aren’t focusefd on the issues troubling the rest of thebankintg industry,” Green said.
“Wew have a partner in Caja that’s capable of helpingf us grow inthe Florida marketplace.” City National’s most recent quarterly reportt depicts a bank with strong capitapl reserves and a $903,00 profit. J. Clay Singleton, a financee professor at , said a strong Florida bank with the capital to expane could do well even asthe so-calleds megabanks expand their reach. “The megabanks have huge but they’re also suffering huge financial problems.
If you’red a lender with money, this is a time to Marshall Vermillion, senior vice president of communitlender , said City Nationakl has strong leadership and solid “Positioning yourself to take advantagew of the unrest in the banking business is wise. Things are going to come and this is a good time to As a professor of mine in business school once the best time to get on a train iswhen it’s stopped.
”
“Our long-term goal is to cover the saidSteve Green, City National’s regional manager for Centrak Florida. “There really isn’t a Florida-dominany bank today that does City National likely will add locations througbh both acquisitions andnew construction, Green said. If City Nationapl succeeds, it will occupy a niche largely left emptyh since Barnett Bank became part of Nationsbank in the Florida banking today is a mix of communituy banks withlimited operations, regional lenders such as SunTrust Banka and giant banks, which include Bank of JP Morgan Chase and Wells Fargo.
A well-financed lender that focusesz on the state could offert customers the personal attention of community bankd combined with the financial clout to make big said Green. The bank’s new localp branch — its stafvf of eight occupying the space formerly usedby Sergio’s Restaurantt — faces the towering Bank of Americaz building on North Orange Avenue, a physicao reminder of the giant competitors City Nationall will face as it pursues its growth strategy. City Nationapl is one of Soutyh Florida’s oldest financial institutions.
Until it openex a small loan office on the second floor of an Altamonte Springs office building twoyears ago, the 63-year-old bank operatef exclusively in Miami-Dade, Browards and Palm Beach counties. The opportunity to reach beyond its historixc turf came last fall whenCaja Madrid, a Spanish lender with more than $300 billiob in assets, bought an 83 percent stake in City Nationa for $927 million. Green said Caja Madrid’s ownershil and City National’s strong balance sheet givesa it the resources to undertake expansion when othetr lenders arecutting staff. “We aren’t focusefd on the issues troubling the rest of thebankintg industry,” Green said.
“Wew have a partner in Caja that’s capable of helpingf us grow inthe Florida marketplace.” City National’s most recent quarterly reportt depicts a bank with strong capitapl reserves and a $903,00 profit. J. Clay Singleton, a financee professor at , said a strong Florida bank with the capital to expane could do well even asthe so-calleds megabanks expand their reach. “The megabanks have huge but they’re also suffering huge financial problems.
If you’red a lender with money, this is a time to Marshall Vermillion, senior vice president of communitlender , said City Nationakl has strong leadership and solid “Positioning yourself to take advantagew of the unrest in the banking business is wise. Things are going to come and this is a good time to As a professor of mine in business school once the best time to get on a train iswhen it’s stopped.
”
Thursday, May 24, 2012
Monsignor takes stand to counter sex abuse charges - Pittsburgh Post Gazette
azajir.wordpress.com
6abc.com | Monsignor takes stand to counter sex abuse charges Pittsburgh Post Gazette By John P. Martin and Joseph A. Slobodzian / Philadelphia Inquirer PHILADELPHIA -- Msgr. William J. Lynn took the witness stand at his landmark trial Wednesday, asserting that he "did my best" to weed out sexu » |
Tuesday, May 22, 2012
Clearspring, Facebook ink deal with GSA - Washington Business Journal:
iqukikofor.wordpress.com
AddThis is a Web-based software application that lets userzs bookmark and shareWeb sites. ClearSpring, which help s content publishers create small onlineapplicationxs — or widgets — to spread their content and connect with advertisers, boughft AddThis LLC last September for an undisclosed sum. AddThisw reaches about a half billion users With thenew agreements, GSA and other federal agencies will be able to create Web page that allow users to better access and use information to educate users abour government services and allow greater interactio n between government and the public-- a major objective of President Barack Obama.
Negotiations began in 2008 between the socia l media companies and a groupo of agencies ledby GSA. Prior to GSA’e agreements, concerns existed over the legaol implications of standard terms and conditions that users must agree to when usingonlinw services. The GSA agreements resolvess those issues, such as liability, endorsements, freedom of information and governing law. Now, other federal agencies can sign the same agreement and begin using the sociaplmedia tools.
“We are working at a fevereed pace to improvethe public’s experience when engaging with the said Martha Dorris, acting associate administrator for the Office of Citizenj Services and Communications, in a “USA.gov is breaking new ground by migratingv to new media sites to provide a presencwe and to open up a dialog with the she said. “We know that many othef agencies want to dothe same, and having thes e agreements is an important first step.” GSA’s also signed servicr agreements with Flickr, Blist, blip.tv, and is discussing similafr arrangements with other providers of free, new medi services.
AddThis is a Web-based software application that lets userzs bookmark and shareWeb sites. ClearSpring, which help s content publishers create small onlineapplicationxs — or widgets — to spread their content and connect with advertisers, boughft AddThis LLC last September for an undisclosed sum. AddThisw reaches about a half billion users With thenew agreements, GSA and other federal agencies will be able to create Web page that allow users to better access and use information to educate users abour government services and allow greater interactio n between government and the public-- a major objective of President Barack Obama.
Negotiations began in 2008 between the socia l media companies and a groupo of agencies ledby GSA. Prior to GSA’e agreements, concerns existed over the legaol implications of standard terms and conditions that users must agree to when usingonlinw services. The GSA agreements resolvess those issues, such as liability, endorsements, freedom of information and governing law. Now, other federal agencies can sign the same agreement and begin using the sociaplmedia tools.
“We are working at a fevereed pace to improvethe public’s experience when engaging with the said Martha Dorris, acting associate administrator for the Office of Citizenj Services and Communications, in a “USA.gov is breaking new ground by migratingv to new media sites to provide a presencwe and to open up a dialog with the she said. “We know that many othef agencies want to dothe same, and having thes e agreements is an important first step.” GSA’s also signed servicr agreements with Flickr, Blist, blip.tv, and is discussing similafr arrangements with other providers of free, new medi services.
Monday, May 21, 2012
Steak Or Fake? How To Spot 'Glued' Meat - KMGH Denver
viningocouqyl1601.blogspot.com
Steak Or Fake? How To Spot 'Glued' Meat KMGH Denver DENVER -- It's white, powdery and can turn chucks of beef into a single piece of steak. Transglutaminase is used to bind proteins together. The substance is also known as TG, Activa, or meat glue. Meat glue has been part of the food industry for ... |
Saturday, May 19, 2012
bizjournals: Search Results
grihanovveimavox.blogspot.com
by on June 1, 2009 ...Aside from good intentions, Emanuelsom suspects the bottom line remains the real behinde the growing popularityof "wellness" and "choice" "Our customers are...... by on November 16, 2007 ...intko the state creates 30 "We think medical research is a for good healtuh and the health ofthe economy," he Gershen...... by on May 1, 2009 ...testifying about losing her 9-year-ole daughter because of a distracted . "Driverx need to know that when they talkand drive, theirr ability...... by on February 3, 2009 ...companyg pays the medical bills, rehabilitation costsz and other expenses forthat . A studu commissioned by Gov.
Bill Rittert in 2007 showed that by onFebruary 2, 2009 Kevin Lofton says his religiouz upbringing guided his journey from the Bron to the head of the country'sz second-largest Catholic-based hospital "I was...... by on January 2, 2009 In the midstt of the largest financial crisis since theGreat Depression, Colorado lawmakers took what they hope will be a smalo step Monday...... by on November 24, 2008 Because Dennyu O'Malley was only 25 when he was namedCraig Hospital'es top executive in 1974, it would've been reasonablw to assume that he'd...... by on September 29, 2008 ...
getting expensive treatment at an emergency thought to be a key of risinv medical costs associated withthe uninsured. Underf Levy's plan...... by on January 25, 2008 ...he believed that United'sz acquisition of PacifiCare "put United in the 's seat as the state'se largest health plan." But Hertelo said...... by on December 21, 2007 ...conference. "Thids is going to make Colorado a much more significangeconomic ," Blake said. In particular, Blakde lauded the changing the exemptionthreshold for...... by on Septembert 25, 2007 ...Mountain News on March 28 published an intervie w with an anonymous limo who said that Nacchikmistreated subordinates, used foul language and congratulated himself......
by on Marcn 30, 2007 ...s holograms can be found on government passportz in 50 countriesand 's licensez in 20 states (not including although the company does...... by on February 2, 2007 ...hesitaterd to call the launch of Vist and Office 2007 a technology akinto Y2K. But former CEO of Denver-based Interlink Group...... by on November 17, 2006 ...frequency identification (RFID) becoming more prominent in everythingy from credit cardsto 's Wright also anticipates the Legislature will addresse privacy issues related......
by on Decembert 30, 2005 As incumbent phons companies and cable TV operations fighr for a greater market share ofthe high-speesd Internet market, lower higher speeds and...... by on July 29, 2005 ...manne d vehicles delivering food and supplies to be led by asinglr , Lowrie said. Jeff Jaczkowski, team leadetr of the U.S. Army's...... by on Marcbh 18, 2005 ...off points if they get He cites one case when a remaineds stationary for 30 A dispatcher phoned the driverand verified...... by on Marchj 14, 2005 ...purchase, storage, use and consumptionj of computer software. "Technology is the economic for us," said Vic past chair of CSIA. "Taxation will certainly...... by on Decembere 31, 2004 ...
Owens withdrew a proposal to usea photo-imaginvg process for Colorado 's licenses, amid heavy protesyt from citizens. Photo imagingf combines a composite...... by on September 14, 2001
by on June 1, 2009 ...Aside from good intentions, Emanuelsom suspects the bottom line remains the real behinde the growing popularityof "wellness" and "choice" "Our customers are...... by on November 16, 2007 ...intko the state creates 30 "We think medical research is a for good healtuh and the health ofthe economy," he Gershen...... by on May 1, 2009 ...testifying about losing her 9-year-ole daughter because of a distracted . "Driverx need to know that when they talkand drive, theirr ability...... by on February 3, 2009 ...companyg pays the medical bills, rehabilitation costsz and other expenses forthat . A studu commissioned by Gov.
Bill Rittert in 2007 showed that by onFebruary 2, 2009 Kevin Lofton says his religiouz upbringing guided his journey from the Bron to the head of the country'sz second-largest Catholic-based hospital "I was...... by on January 2, 2009 In the midstt of the largest financial crisis since theGreat Depression, Colorado lawmakers took what they hope will be a smalo step Monday...... by on November 24, 2008 Because Dennyu O'Malley was only 25 when he was namedCraig Hospital'es top executive in 1974, it would've been reasonablw to assume that he'd...... by on September 29, 2008 ...
getting expensive treatment at an emergency thought to be a key of risinv medical costs associated withthe uninsured. Underf Levy's plan...... by on January 25, 2008 ...he believed that United'sz acquisition of PacifiCare "put United in the 's seat as the state'se largest health plan." But Hertelo said...... by on December 21, 2007 ...conference. "Thids is going to make Colorado a much more significangeconomic ," Blake said. In particular, Blakde lauded the changing the exemptionthreshold for...... by on Septembert 25, 2007 ...Mountain News on March 28 published an intervie w with an anonymous limo who said that Nacchikmistreated subordinates, used foul language and congratulated himself......
by on Marcn 30, 2007 ...s holograms can be found on government passportz in 50 countriesand 's licensez in 20 states (not including although the company does...... by on February 2, 2007 ...hesitaterd to call the launch of Vist and Office 2007 a technology akinto Y2K. But former CEO of Denver-based Interlink Group...... by on November 17, 2006 ...frequency identification (RFID) becoming more prominent in everythingy from credit cardsto 's Wright also anticipates the Legislature will addresse privacy issues related......
by on Decembert 30, 2005 As incumbent phons companies and cable TV operations fighr for a greater market share ofthe high-speesd Internet market, lower higher speeds and...... by on July 29, 2005 ...manne d vehicles delivering food and supplies to be led by asinglr , Lowrie said. Jeff Jaczkowski, team leadetr of the U.S. Army's...... by on Marcbh 18, 2005 ...off points if they get He cites one case when a remaineds stationary for 30 A dispatcher phoned the driverand verified...... by on Marchj 14, 2005 ...purchase, storage, use and consumptionj of computer software. "Technology is the economic for us," said Vic past chair of CSIA. "Taxation will certainly...... by on Decembere 31, 2004 ...
Owens withdrew a proposal to usea photo-imaginvg process for Colorado 's licenses, amid heavy protesyt from citizens. Photo imagingf combines a composite...... by on September 14, 2001
Friday, May 18, 2012
Tarun Mohanbhai: Comedy Festival review - TVNZ
kleopatraxnibe.blogspot.com
Tarun Mohanbhai: Comedy Festival review TVNZ Tarun Mohanbhai's new show Joke in the Box is more performance piece and play rather than stand up set - until the very end. Mohanbhai plays Ziggy, a frankly terrible stand up who's trying to reinvent himself. He's the very essence of a failed comedian ... |
Wednesday, May 16, 2012
CircuitCity.com comes back to life - Baltimore Business Journal:
xeconatyxex.blogspot.com
Systemax (NYSE: SYX) said in a statement that it planes to compete with other online retailers by offerinhdiscounted prices, fast shipping and a wide selectionm of products, as well as offering photo galleries and videosx of thousands of consumer electronics and computer The company already has the TigerDirect.com business and acquire last year. "This acquisition and quic launch of the allnew CircuitCity.com further solidifieas Systemax's position as a leadert in online retailing of value-priced, brandefd computers and consumer said Richard Leeds, chairman and chiegf executive officer of Systemax. "Circuit City is one of the iconic brandsin U.S.
electronics retailing with a 60-yeafr legacy." A check of the Web site Mondayshowed CircuitCity.com offering everything from GPS system to BlackBerry phones and flat-screen TVs.
Systemax (NYSE: SYX) said in a statement that it planes to compete with other online retailers by offerinhdiscounted prices, fast shipping and a wide selectionm of products, as well as offering photo galleries and videosx of thousands of consumer electronics and computer The company already has the TigerDirect.com business and acquire last year. "This acquisition and quic launch of the allnew CircuitCity.com further solidifieas Systemax's position as a leadert in online retailing of value-priced, brandefd computers and consumer said Richard Leeds, chairman and chiegf executive officer of Systemax. "Circuit City is one of the iconic brandsin U.S.
electronics retailing with a 60-yeafr legacy." A check of the Web site Mondayshowed CircuitCity.com offering everything from GPS system to BlackBerry phones and flat-screen TVs.
Tuesday, May 15, 2012
Hospitals hope reforms bring more money for teaching - Kansas City Business Journal:
yzirapogyg.wordpress.com
The area’s teaching facilities include both hospitals, whicy are affiliated with the , and The , whicnh trains residents from the . Medicare and Medicaidc reimburse teaching hospitals for direct and indirect costss associatedwith instruction. Several changes during the pastseverakl years, legislative and have limited payments to teaching For instance, a 1997 budget bill capped the numberf of residents Medicare would help finance. KU Hospitaol expanded its residencyprogram anyway, officialas said. Its Medicare cap is 259, but it had 291 residentsw in 2007, costing about $1.
4 Meanwhile, advocates such as the in Washington are hopinf to kill a proposed Bush administration rule that wouldr eliminate federal Medicaid help for the direct costs of training Proposals like this and the reductions already in place put “immense financial pressurew on these institutions to continue to do the missiones they are set out to do,” said Karem Fisher, senior director of healthj care affairs for the association. “Clearly, medical education is going to have to be a key componeng of any healthcare reform,” KU Hospital CFO Scotft Glasrud said.
“Because if you want to change the way healtn care operateslong term, you’re going to have to do it on the front end when physiciane are being trained. And so, to me, it’sa shortsighted not to be fully fundinmedical education.” According to Truman, cuts in Medicarer education funds have cost it a total of abou $700,000 in the past five years. Truman CEO John Bluforxd said increased medical education financing would provide a quick infusion of moneyt tothe cash-strapped operation. “It’s not contingent or dependent on patients coming throughyour door,” he said.
“Those are just enhanceed payments that will come with the existinfg volume wealready have.”
The area’s teaching facilities include both hospitals, whicy are affiliated with the , and The , whicnh trains residents from the . Medicare and Medicaidc reimburse teaching hospitals for direct and indirect costss associatedwith instruction. Several changes during the pastseverakl years, legislative and have limited payments to teaching For instance, a 1997 budget bill capped the numberf of residents Medicare would help finance. KU Hospitaol expanded its residencyprogram anyway, officialas said. Its Medicare cap is 259, but it had 291 residentsw in 2007, costing about $1.
4 Meanwhile, advocates such as the in Washington are hopinf to kill a proposed Bush administration rule that wouldr eliminate federal Medicaid help for the direct costs of training Proposals like this and the reductions already in place put “immense financial pressurew on these institutions to continue to do the missiones they are set out to do,” said Karem Fisher, senior director of healthj care affairs for the association. “Clearly, medical education is going to have to be a key componeng of any healthcare reform,” KU Hospital CFO Scotft Glasrud said.
“Because if you want to change the way healtn care operateslong term, you’re going to have to do it on the front end when physiciane are being trained. And so, to me, it’sa shortsighted not to be fully fundinmedical education.” According to Truman, cuts in Medicarer education funds have cost it a total of abou $700,000 in the past five years. Truman CEO John Bluforxd said increased medical education financing would provide a quick infusion of moneyt tothe cash-strapped operation. “It’s not contingent or dependent on patients coming throughyour door,” he said.
“Those are just enhanceed payments that will come with the existinfg volume wealready have.”
Sunday, May 13, 2012
Forget small talk
fusajacuxejilyp.blogspot.com
It will be an easy read, fewee than 100 pages, and will get right to the pointgat hand. The working title that is bouncing around in my brai n right nowis “How to Sell Like a Pro in Less Than Two Now, understand that the book will take abouy an hour and a half to read, but it will teacu the salesperson who is a average or even a top performer how to reallt sell with a common-sense and no BS Too many salespeople dance around the tables too much. In other they don’t get righgt to the main pointat hand.
They talk about nonsensd like the weather or sportsx or whatever they wantto discuss, which basicallyg just wastes time and really does not build any true businesx relationships at all. What made me thin k of this idea was something I used abou t 30years ago, and it worked really well It has to work even betterd now because our attention spans have becom e the same as a cocker spaniel which means we do not have any attentiohn for anything lasting any longer.
I had a small glass-and-wood egg timer that was about an inch or two When I wasin someone’s office, whether it was a cold call or even an I told them that by the time the sand ran out (whichh is six minutes) I would be done with my saleas call. Sometimes, I even said that on the phonew so I could provs it to them when I was in thei office onthe appointment. Really, think aboug it, who does not have six minutes in the day tohear something?? My approach was simple, straight to the point and very honest.
For example, on the phonre I might have said three which wereas follows: my name is Hal Becker, and I work for (filo in company here), and I would like to meet you for no more than six “When the six minutes is up (and you can time me), eithert you will be interested, or worst case, you learned something new! “I will not take more than the time I am askingg for.” When I sat down in theird office, I pulled out my little egg timer and said, “Now, I wouls like to ask you three simplre questions, and when the sand runs I will leave as I mentioned to you on the • Are you familia with our company? If yes, what are you familiarf with, and if no, why not?
Tell me what you like and maybw even dislike about your present supplietr or vendor (obviously, my competitor). • If you were to realizwe that doing business with us would be more beneficialto you, and you “Geez, why didn’t I switchh to this company in the past?” would you at leasg consider looking at us?
It will be an easy read, fewee than 100 pages, and will get right to the pointgat hand. The working title that is bouncing around in my brai n right nowis “How to Sell Like a Pro in Less Than Two Now, understand that the book will take abouy an hour and a half to read, but it will teacu the salesperson who is a average or even a top performer how to reallt sell with a common-sense and no BS Too many salespeople dance around the tables too much. In other they don’t get righgt to the main pointat hand.
They talk about nonsensd like the weather or sportsx or whatever they wantto discuss, which basicallyg just wastes time and really does not build any true businesx relationships at all. What made me thin k of this idea was something I used abou t 30years ago, and it worked really well It has to work even betterd now because our attention spans have becom e the same as a cocker spaniel which means we do not have any attentiohn for anything lasting any longer.
I had a small glass-and-wood egg timer that was about an inch or two When I wasin someone’s office, whether it was a cold call or even an I told them that by the time the sand ran out (whichh is six minutes) I would be done with my saleas call. Sometimes, I even said that on the phonew so I could provs it to them when I was in thei office onthe appointment. Really, think aboug it, who does not have six minutes in the day tohear something?? My approach was simple, straight to the point and very honest.
For example, on the phonre I might have said three which wereas follows: my name is Hal Becker, and I work for (filo in company here), and I would like to meet you for no more than six “When the six minutes is up (and you can time me), eithert you will be interested, or worst case, you learned something new! “I will not take more than the time I am askingg for.” When I sat down in theird office, I pulled out my little egg timer and said, “Now, I wouls like to ask you three simplre questions, and when the sand runs I will leave as I mentioned to you on the • Are you familia with our company? If yes, what are you familiarf with, and if no, why not?
Tell me what you like and maybw even dislike about your present supplietr or vendor (obviously, my competitor). • If you were to realizwe that doing business with us would be more beneficialto you, and you “Geez, why didn’t I switchh to this company in the past?” would you at leasg consider looking at us?
Friday, May 11, 2012
BioMarin: Genzyme virus problem won
iwyqaxewun.wordpress.com
Genzyme (NASDAQ: GENZ) found a virus strain and stoppedd production of two drugs atthe Mass., facility. The strain, Vesivirus 2117, apparentlgy does not cause human infection but interruptsx the growth of cells that are used to make Aldurazyme — a treatment for MPS I, a rare and fata l disease caused by an enzyme deficiency — was last fillesd at the Genzyme facility in September 2008, accordinyg to BioMarin (NASDAQ: BMRN). The companyg has about 10 months of vialedr inventoryon hand, it said, and uses a seconsd fill finish supplier. A third supplier is expectedd to be qualified laterthis year, BioMarin said.
BioMarijn makes the bulk material used in Aldurazyme at itsNovatlo facility. The Food and Drug Administration hadinspected Genzyme’s plant in Septembedr and October and reportedly was concerned about controls to protect against
Genzyme (NASDAQ: GENZ) found a virus strain and stoppedd production of two drugs atthe Mass., facility. The strain, Vesivirus 2117, apparentlgy does not cause human infection but interruptsx the growth of cells that are used to make Aldurazyme — a treatment for MPS I, a rare and fata l disease caused by an enzyme deficiency — was last fillesd at the Genzyme facility in September 2008, accordinyg to BioMarin (NASDAQ: BMRN). The companyg has about 10 months of vialedr inventoryon hand, it said, and uses a seconsd fill finish supplier. A third supplier is expectedd to be qualified laterthis year, BioMarin said.
BioMarijn makes the bulk material used in Aldurazyme at itsNovatlo facility. The Food and Drug Administration hadinspected Genzyme’s plant in Septembedr and October and reportedly was concerned about controls to protect against
Thursday, May 10, 2012
Boeremag harboured: man fights conviction - Independent Online
ivyhofy.wordpress.com
Independent Online | Boeremag harboured: man fights conviction Independent Online By SAPA A man convicted of harbouring two escaped Boeremag tri » |
Tuesday, May 8, 2012
Biden touts stimulus successes - The Business Review (Albany):
lebexab.wordpress.com
Biden was at Shenendehowa High School in Cliftonn Park yesterday toutingthe $787 billion program. He was joinef by Gov. David Paterson and Rep. Scotg Murphy. “I see it everywhers we go: communities being rebuilt, factoriesz being reopened, workers rehired — teacherxs in their classrooms, cops on the streets, familiexs better able to live aquality life,” said Vice President Biden. “With the Recovery Act, Saratoga County and Americz are reclaiming ourprourd past—and, while we’re at it, creating a better future.
” Biden said so far $16 billionj in Recovery Act funds have been obligatedd to New York state, including $2 billion for $700 million for transportation and many project in other categories. Biden also announced that the U.S. Departmengt of Labor has certified forreleaswe $275 million in unemployment insurances modernization incentive funds to the state of New The state qualified for the funds under the stimuluss by making it easier for unemployeed workers seeking part-time work and thosde unemployed for family reasons to be eligible for Nationally, $174 billion of the stimulus funds have been committed in the first 130
Biden was at Shenendehowa High School in Cliftonn Park yesterday toutingthe $787 billion program. He was joinef by Gov. David Paterson and Rep. Scotg Murphy. “I see it everywhers we go: communities being rebuilt, factoriesz being reopened, workers rehired — teacherxs in their classrooms, cops on the streets, familiexs better able to live aquality life,” said Vice President Biden. “With the Recovery Act, Saratoga County and Americz are reclaiming ourprourd past—and, while we’re at it, creating a better future.
” Biden said so far $16 billionj in Recovery Act funds have been obligatedd to New York state, including $2 billion for $700 million for transportation and many project in other categories. Biden also announced that the U.S. Departmengt of Labor has certified forreleaswe $275 million in unemployment insurances modernization incentive funds to the state of New The state qualified for the funds under the stimuluss by making it easier for unemployeed workers seeking part-time work and thosde unemployed for family reasons to be eligible for Nationally, $174 billion of the stimulus funds have been committed in the first 130
Sunday, May 6, 2012
Growth, downturn lead to Axcess Medical Imaging filing bankruptcy - Triangle Business Journal:
mytyhona.wordpress.com
Axcess Medical, which owns and operates, or manages, imagingf centers on Florida’s west coast, said in a release that the filing would strengthebn its financial position and ensure continued operations andfuture growth. The company said it is working to complete debtor in possessiobn financing to support its operations and to help in completinv its strategicrestructuring process. Douglas Badertscher was named chief restructuring officee to lead the company through thetransition locations, including seven locations acquired in April, will continue to operate and conducy business as usual without interruption, the company said.
Documentz filed in for the Middls District of Florida outline a story of rapicd growth amid decliningreimbursement rates. Axcess founded by Dr. Stephen Miley and Dr. John began operations in 2001 with a singlew facility in Venice and then expanded into Bradentoh in 2004 and Sarasotqain 2006. In May 2008, Axcess Medical completee a reverse merger into apubliv over-the-counter bulletin board shell company and obtained a $1 millionj convertible note to fund some of its operationws and going-public costs. In April, Axceses Medical closed on the acquisition of seven moreMRI centers, after agreeing to pay $200,000 in cash and to assume $3.
8 millionn in debt, a filing with the The centers are in Clearwater, Bradenton, Pinellas Park, Port Charlotte, Jacksonville and Titusville. However, Axceszs Medical was not sufficiently capitalizecd to withstand the combination of rapid expansion at the same time revenurwas declining, the bankruptcy filing said. Revenuwe dropped for a combination of thefiling said. The federal Deficitt Reduction Act of 2005 negativelyu impacted Medicare rates with commercial insurance contracts tied to Medicare ratesfollowing suit. The downturhn in the economy caused the volume of scans to drop at Axcesw Medical and otherimaging firms.
Additionally, Axcess Medicao has experienced longer collection as it has not yet receivee receivables generated after the purchase of the MRI centers in Axcess Medical owes creditorsabout $16 .1 million and has assetxs of $4.4 million. The compan y had $11 million in revenue last but expects its annual revenue to increase byabouty $9.7 million with the acquisition of the MRI the bankruptcy filing said.
Axcess Medical, which owns and operates, or manages, imagingf centers on Florida’s west coast, said in a release that the filing would strengthebn its financial position and ensure continued operations andfuture growth. The company said it is working to complete debtor in possessiobn financing to support its operations and to help in completinv its strategicrestructuring process. Douglas Badertscher was named chief restructuring officee to lead the company through thetransition locations, including seven locations acquired in April, will continue to operate and conducy business as usual without interruption, the company said.
Documentz filed in for the Middls District of Florida outline a story of rapicd growth amid decliningreimbursement rates. Axcess founded by Dr. Stephen Miley and Dr. John began operations in 2001 with a singlew facility in Venice and then expanded into Bradentoh in 2004 and Sarasotqain 2006. In May 2008, Axcess Medical completee a reverse merger into apubliv over-the-counter bulletin board shell company and obtained a $1 millionj convertible note to fund some of its operationws and going-public costs. In April, Axceses Medical closed on the acquisition of seven moreMRI centers, after agreeing to pay $200,000 in cash and to assume $3.
8 millionn in debt, a filing with the The centers are in Clearwater, Bradenton, Pinellas Park, Port Charlotte, Jacksonville and Titusville. However, Axceszs Medical was not sufficiently capitalizecd to withstand the combination of rapid expansion at the same time revenurwas declining, the bankruptcy filing said. Revenuwe dropped for a combination of thefiling said. The federal Deficitt Reduction Act of 2005 negativelyu impacted Medicare rates with commercial insurance contracts tied to Medicare ratesfollowing suit. The downturhn in the economy caused the volume of scans to drop at Axcesw Medical and otherimaging firms.
Additionally, Axcess Medicao has experienced longer collection as it has not yet receivee receivables generated after the purchase of the MRI centers in Axcess Medical owes creditorsabout $16 .1 million and has assetxs of $4.4 million. The compan y had $11 million in revenue last but expects its annual revenue to increase byabouty $9.7 million with the acquisition of the MRI the bankruptcy filing said.
Saturday, May 5, 2012
Bauer Financial issues Q1 credit union ratings - St. Louis Business Journal:
grigoriynirim.blogspot.com
The company uses federal regulatory data to rate credit unions based oncapital profit/loss trend, delinquent loans and other factors. Bauer's rating ranks from a high of 5 stars to a low of 0 Of the 10 largest Soutjh Florida credit unionsby assets, six maintained a five-stard (superior) rating: IBM Southeastt Employees Credit Union and Brightstar Creditg Union held on to their four stars (excellent) in the firsgt quarter. They had been downgraded from five starx in the third Priority One Credit Union in Sunrise fell from to thre e stars from four stars in the firstg quarterwith 69.9 million in 1.6 percent of which were nonperforming.
, Soutbh Florida’s second-largest credit union with $738 million in held on to its three stars in thefirsyt quarter. It was downgraded to threde stars (adequate) from four stars in the fourthu quarter. The Pembroke Pines-basede credit union counted 1.74 percent of its assets as nonperforming. Firsy Choice in West Palm Beach also hadthree stars. , the largesr in South Florida with $1.62 billiojn in assets, remained the only credir union in the state rated zero stars by Bauer. The Miramar-based credit union counted 8.6 percenrt of its assets as nonperforming.
It was placed into conservatorshipl by Florida regulators on Aprill 24 after heavy losses and the ousted its Space Coast Credit Union has shown an in acquirintgEastern Financial.
The company uses federal regulatory data to rate credit unions based oncapital profit/loss trend, delinquent loans and other factors. Bauer's rating ranks from a high of 5 stars to a low of 0 Of the 10 largest Soutjh Florida credit unionsby assets, six maintained a five-stard (superior) rating: IBM Southeastt Employees Credit Union and Brightstar Creditg Union held on to their four stars (excellent) in the firsgt quarter. They had been downgraded from five starx in the third Priority One Credit Union in Sunrise fell from to thre e stars from four stars in the firstg quarterwith 69.9 million in 1.6 percent of which were nonperforming.
, Soutbh Florida’s second-largest credit union with $738 million in held on to its three stars in thefirsyt quarter. It was downgraded to threde stars (adequate) from four stars in the fourthu quarter. The Pembroke Pines-basede credit union counted 1.74 percent of its assets as nonperforming. Firsy Choice in West Palm Beach also hadthree stars. , the largesr in South Florida with $1.62 billiojn in assets, remained the only credir union in the state rated zero stars by Bauer. The Miramar-based credit union counted 8.6 percenrt of its assets as nonperforming.
It was placed into conservatorshipl by Florida regulators on Aprill 24 after heavy losses and the ousted its Space Coast Credit Union has shown an in acquirintgEastern Financial.
Thursday, May 3, 2012
Mintz Levin names Susan Berson chair of Israel business practice group - Boston Business Journal:
bojony.wordpress.com
The group was previously chaired byKennetnh Novack. According to the firm, Novack will remain active in the practice Berson is also a member inthe firm's healtj law practice and managing member of the firm’s D.C. office. Mintsz Levin has 304 attorney in Massachusetts. “Susan has the energy and talent to build upon the strong foundation ofthe firm’s Israeo business practice,” said Andrew Urban, managing member of Mintzs Levin.
“With Ken’s continued guidance and the strong relationshipsz the firm has established in Israekl with the assistance ofYael Biran, the managingh director of the [Israel businesxs practice group], we believd that this will be an area of continued growtjh for the firm.” Mintz Levi launched its dedicated Israel business practice in 2006. The firm currentlhy advises more than 100 client who have tiesto Israel, includinyg Israeli companies operating in the U.S. and domestic companiea with Israel-related transactions.
The group was previously chaired byKennetnh Novack. According to the firm, Novack will remain active in the practice Berson is also a member inthe firm's healtj law practice and managing member of the firm’s D.C. office. Mintsz Levin has 304 attorney in Massachusetts. “Susan has the energy and talent to build upon the strong foundation ofthe firm’s Israeo business practice,” said Andrew Urban, managing member of Mintzs Levin.
“With Ken’s continued guidance and the strong relationshipsz the firm has established in Israekl with the assistance ofYael Biran, the managingh director of the [Israel businesxs practice group], we believd that this will be an area of continued growtjh for the firm.” Mintz Levi launched its dedicated Israel business practice in 2006. The firm currentlhy advises more than 100 client who have tiesto Israel, includinyg Israeli companies operating in the U.S. and domestic companiea with Israel-related transactions.
Tuesday, May 1, 2012
Budget raid could shut down nursing homes - bizjournals:
ishinlyuboqemija.blogspot.com
Tom Lescault, president of the and presidentof , an AHCCC contractor, said one fix might be for the statee to take a loan from healt plans. He said healtuh plans that have long-term contracts with AHCCCSw are offeringa $300 million loan to the state by deferring payment to the plans for one The state would pay the health planzs back at a later date, with The governor’s budget proposal includes the repaymeng plan, but does not specify when the state woulrd pay back the health nor does it specify at what interest “We’re seeking clarification,” Lescault said.
Arizona Health Care
Tom Lescault, president of the and presidentof , an AHCCC contractor, said one fix might be for the statee to take a loan from healt plans. He said healtuh plans that have long-term contracts with AHCCCSw are offeringa $300 million loan to the state by deferring payment to the plans for one The state would pay the health planzs back at a later date, with The governor’s budget proposal includes the repaymeng plan, but does not specify when the state woulrd pay back the health nor does it specify at what interest “We’re seeking clarification,” Lescault said.
Arizona Health Care
Sunday, April 29, 2012
Finding God in 20th-Century Composition - Harvard Crimson
dusinenezoqoc.blogspot.com
Finding God in 20th-Century Composition Harvard Crimson A number of composersâ€"Ross mentioned Schoenberg, Igor Stravinsky, and Arvo Pärt, among many othersâ€"had a more complex relationship with religious faith, in their compositions and their lives, than did composers like Britten, who employed religious ... |
Friday, April 27, 2012
Mobius
ovaluleq.wordpress.com
That in itself was good news for theSan Antonio-based which provides technology services and consulting to largse enterprise customers. But what made it more remarkable was that the sale was completede in the midst ofHurricane Ike, which slammed the Bayou City and knockef the roof off of the buildiny where Mobius’ Houston employees are based. The homes of the employeese suffered onlyminimal damage, says Melinda Hart, who does public relationa for Mobius Partners, but their officd building at the intersection of Briarclifc and Westheimer on the west side of Houston was 90 percent destroyed.
The six employees basedd in Houston had to work from theire homes and most had no power for severaldays afterward. “In light of all that was goiny on, it is remarkabled that we got a big sale in the midsfof it,” says Junab Ali, co-president and co-foundetr of Mobius Partners. “But our Houston office has been doingy reallywell lately.” The new customer pickee up during the hurricane was , a Houston-based compan that designs and manufactures products for the energ y industry. Jay Uribe, the other co-president and co-founder of Mobius Partners, says his first concern during the hurricane was to make surethe company’ss employees were safe.
“We told them to get their familiessituated first,” he “We were not worrierd about losing data. We are a technologyy company. All of our data is very safe and securs all over the Fortunately forMobius Partners, their lease on the Houstob office building is up in February of next year and the companty was already on the hunt for another “We had already outgrown that locatiob and were planning to move anyway,” Uribed says. “Now we will just be doing it soonerthan planned.” The companyh is hoping to get its employeesa situated in a new office in Houstonm north of Interstate 10 off of Highwayy 290 by December.
But right now, they are still tryinf to determine the losses at theold location. “Ther e was a lot of water damags in the building and the insurancw process is stillgoingg on,” Ali says. “Bur our employees are prepared for All of our systems are set up to work Mobius Partners was founded in San Antonio eightt years ago and opened its Houston branchu office just threeyears ago. The majorityg of the company’s clients have more than 150 employees and have theifr owndata centers. What Mobiuw Partners specializes in is helping clients manage their computerr and technology resources in a manner that is cost effectiv e andenergy efficient.
Last month, Mobius Partner s learned that it had qualifieed asa “Public-Sector Elite” partnerr for ’s 2009 fiscal year. That means the company achieved a certain level of training and custome success in thatmarketplacee (state and local government, and education That will be especially helpful for the company’s Houston officez as they are focusing on public-sector clients in that region, such as the for which the company recently completef a case study outlining how the university can upgrade its computerd system to be more cost “A popular thing right now is the ‘green’ data centers,” Ali “If a company’s servers are more than five yearsd old, chances are we can help them consolidate and save a lot of monegy and energy by switching to new serverxs that will allow them to do more with Helping large companies to save money and reducw energy costs is what has helped Mobius Partners to grow even undetr these tough economic conditions.
The companyy does not discloseits revenues. “San Antoniop has been insulated from most of the effectd of theeconomic downturn,” Uribe says. “Texaws is poised to do well and with our diversityuof clients, we think we will be able to maintaimn our strong level of This past year, Mobius Partnersx hired five new peopl — two in Houston, two in Dallas and one in San Antoniop — bringing total employment up to 25. “Asz a company, we are continuingf to grow and expand,” Uribe “Our balance sheet right now is stronger than ever and we maintainno long-termk debt.
”
That in itself was good news for theSan Antonio-based which provides technology services and consulting to largse enterprise customers. But what made it more remarkable was that the sale was completede in the midst ofHurricane Ike, which slammed the Bayou City and knockef the roof off of the buildiny where Mobius’ Houston employees are based. The homes of the employeese suffered onlyminimal damage, says Melinda Hart, who does public relationa for Mobius Partners, but their officd building at the intersection of Briarclifc and Westheimer on the west side of Houston was 90 percent destroyed.
The six employees basedd in Houston had to work from theire homes and most had no power for severaldays afterward. “In light of all that was goiny on, it is remarkabled that we got a big sale in the midsfof it,” says Junab Ali, co-president and co-foundetr of Mobius Partners. “But our Houston office has been doingy reallywell lately.” The new customer pickee up during the hurricane was , a Houston-based compan that designs and manufactures products for the energ y industry. Jay Uribe, the other co-president and co-founder of Mobius Partners, says his first concern during the hurricane was to make surethe company’ss employees were safe.
“We told them to get their familiessituated first,” he “We were not worrierd about losing data. We are a technologyy company. All of our data is very safe and securs all over the Fortunately forMobius Partners, their lease on the Houstob office building is up in February of next year and the companty was already on the hunt for another “We had already outgrown that locatiob and were planning to move anyway,” Uribed says. “Now we will just be doing it soonerthan planned.” The companyh is hoping to get its employeesa situated in a new office in Houstonm north of Interstate 10 off of Highwayy 290 by December.
But right now, they are still tryinf to determine the losses at theold location. “Ther e was a lot of water damags in the building and the insurancw process is stillgoingg on,” Ali says. “Bur our employees are prepared for All of our systems are set up to work Mobius Partners was founded in San Antonio eightt years ago and opened its Houston branchu office just threeyears ago. The majorityg of the company’s clients have more than 150 employees and have theifr owndata centers. What Mobiuw Partners specializes in is helping clients manage their computerr and technology resources in a manner that is cost effectiv e andenergy efficient.
Last month, Mobius Partner s learned that it had qualifieed asa “Public-Sector Elite” partnerr for ’s 2009 fiscal year. That means the company achieved a certain level of training and custome success in thatmarketplacee (state and local government, and education That will be especially helpful for the company’s Houston officez as they are focusing on public-sector clients in that region, such as the for which the company recently completef a case study outlining how the university can upgrade its computerd system to be more cost “A popular thing right now is the ‘green’ data centers,” Ali “If a company’s servers are more than five yearsd old, chances are we can help them consolidate and save a lot of monegy and energy by switching to new serverxs that will allow them to do more with Helping large companies to save money and reducw energy costs is what has helped Mobius Partners to grow even undetr these tough economic conditions.
The companyy does not discloseits revenues. “San Antoniop has been insulated from most of the effectd of theeconomic downturn,” Uribe says. “Texaws is poised to do well and with our diversityuof clients, we think we will be able to maintaimn our strong level of This past year, Mobius Partnersx hired five new peopl — two in Houston, two in Dallas and one in San Antoniop — bringing total employment up to 25. “Asz a company, we are continuingf to grow and expand,” Uribe “Our balance sheet right now is stronger than ever and we maintainno long-termk debt.
”
Thursday, April 26, 2012
SunTrust to raise $1.4 billion in stock offer - Birmingham Business Journal:
grihanovveimavox.blogspot.com
billion through a stock offering to boost its capitap to meet federal government the Atlanta-based bank said The Atlanta-based bank wantw to sell 108 million shares at $13 a share. In relatiob to the offering, SunTrust (NYSE: STI) suspended its previouslg announced $1.25 billion “at the market” which raised $260 million. SunTrust began an offer to buy upto $1 billionm liquidation preference or amount of certain of its currently outstandin g preferred and hybrid securities for cash using proceeds from the $1.4 billiohn equity offering. The moves come afterd the federal government’s “stress found SunTrust needed toraise $2.2 billioh in capital.
And while SunTrust had sufficient tier 1 capital to absorbn projectedloan losses, its capitapl “tilted too strongly” to sources other than commom equity, the stress test revealed. After completing the offeringsa announced Mondayand prior, SunTrus t expects to have fully satisfied its "Today's announcement underscores that we are on a clear path to achievw our previously announced capital objectivesa as we intensify our focus on the future," said James M. Welles III, SunTrust chairman and CEO, in a statement.
Wells also noted completion ofthe company'ws capital-related initiatives will boost its ability to upon regulatory approval and at the appropriate time, preferred stock gottenm through participation in the U.S. Treasury'z Capital Purchase Plan.
billion through a stock offering to boost its capitap to meet federal government the Atlanta-based bank said The Atlanta-based bank wantw to sell 108 million shares at $13 a share. In relatiob to the offering, SunTrust (NYSE: STI) suspended its previouslg announced $1.25 billion “at the market” which raised $260 million. SunTrust began an offer to buy upto $1 billionm liquidation preference or amount of certain of its currently outstandin g preferred and hybrid securities for cash using proceeds from the $1.4 billiohn equity offering. The moves come afterd the federal government’s “stress found SunTrust needed toraise $2.2 billioh in capital.
And while SunTrust had sufficient tier 1 capital to absorbn projectedloan losses, its capitapl “tilted too strongly” to sources other than commom equity, the stress test revealed. After completing the offeringsa announced Mondayand prior, SunTrus t expects to have fully satisfied its "Today's announcement underscores that we are on a clear path to achievw our previously announced capital objectivesa as we intensify our focus on the future," said James M. Welles III, SunTrust chairman and CEO, in a statement.
Wells also noted completion ofthe company'ws capital-related initiatives will boost its ability to upon regulatory approval and at the appropriate time, preferred stock gottenm through participation in the U.S. Treasury'z Capital Purchase Plan.
Tuesday, April 24, 2012
'You MUST accept toll terms' - iAfrica.com
zemlyanikiyri.blogspot.com
Independent Online | 'You MUST accept toll terms' iAfrica.com The terms and conditions now stated only applied as » |
Sunday, April 22, 2012
Kemp Management plans to buy downtown
opexibu.wordpress.com
GLO Press Secretary Jim Suydam saidhe can’gt talk about the terms of the deal sinces it’s technically not yet complete. But he did say that Kemp planxto renovate, not tear down the building, using it for specialtuy office space. Once the building is advertising and marketing agency McGarrab Jessee will become thelead tenant, taking approximatelg 25,000 square feet. Mark McGarrah said the company plansz to move in July and will shift completely from itscurrent 15,000-square-foot offices on Brazos St. to the Starr The building’s historic piece of art, the giantg Seymour Fogel Mural, will also be preserved.
“Commissioner Patterson has worked withthe buyer, the Texaes Historical Commission and the Texas Commission on the Arts to includew a permanent conservation easement that would preservse the Seymour Fogel Mural in place, in perpetuity,” Suydamn said. According to the Texas Commissiom onthe Arts, the muraol was painted in 1954 for then American National Bank as commissio n to highlight the modernist featuresw of the new building. CB Richard Ellis Inc. has been working with the GLO to sell the which sits on the corner of Sixt and Colorado Streets and encompassesz half of acity block.
The property was expectexd to garner significant interestt because of its location in the hearf of downtown and because the site is unimpededx by height restrictions should a buyer have optede toredevelop it. The GLO acquired the four-story building in 2005 on behalf ofthe state’s Permanentf School Fund for just over $4 million. That same year the building’as last tenant, the Texas Comptroller’s moved out and the property has beenunoccupiee since.
GLO Press Secretary Jim Suydam saidhe can’gt talk about the terms of the deal sinces it’s technically not yet complete. But he did say that Kemp planxto renovate, not tear down the building, using it for specialtuy office space. Once the building is advertising and marketing agency McGarrab Jessee will become thelead tenant, taking approximatelg 25,000 square feet. Mark McGarrah said the company plansz to move in July and will shift completely from itscurrent 15,000-square-foot offices on Brazos St. to the Starr The building’s historic piece of art, the giantg Seymour Fogel Mural, will also be preserved.
“Commissioner Patterson has worked withthe buyer, the Texaes Historical Commission and the Texas Commission on the Arts to includew a permanent conservation easement that would preservse the Seymour Fogel Mural in place, in perpetuity,” Suydamn said. According to the Texas Commissiom onthe Arts, the muraol was painted in 1954 for then American National Bank as commissio n to highlight the modernist featuresw of the new building. CB Richard Ellis Inc. has been working with the GLO to sell the which sits on the corner of Sixt and Colorado Streets and encompassesz half of acity block.
The property was expectexd to garner significant interestt because of its location in the hearf of downtown and because the site is unimpededx by height restrictions should a buyer have optede toredevelop it. The GLO acquired the four-story building in 2005 on behalf ofthe state’s Permanentf School Fund for just over $4 million. That same year the building’as last tenant, the Texas Comptroller’s moved out and the property has beenunoccupiee since.
Friday, April 20, 2012
Coast Guard Implements New Communications System - WBAY
karnergetajequ1416.blogspot.com
Coast Guard Implements New Communications System WBAY By Sara Kronenberg - bio | email The Coast Guard is ready to respond when someone on Lake Michigan needs rescue. Now, with a new communication system called Rescue 21, the Coast Guard may be getting there even faster. "It's going to be really nice," ... |
Thursday, April 19, 2012
Prosper resumes lending after getting SEC approval - Silicon Valley / San Jose Business Journal:
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With the completion of the Securities and Exchang e Commissionregistration process, Prosper immediatelg begins offering a secondary market for lenders who wish to sell their Propser loans to other investors. The move significantlyu enhances the liquidityfor Prosper’s who can auction their loans at any time on the new auction-basesd trading platform. Prosper CEO Chrias Larsen saidthe SEC’s approval to offer its servics is a “big deal” for so-called P2P “Completion of the SEC registration process for our auction-basex model – a model that we believde is an extraordinarily powerful tool for fair price discovery for everyone involved in the transaction is a major watershed for the Larsen said.
“With the financial system in crisis, P2P lendiny – Americans investing in felloew Americans and smallbusinesses – is needed now more than The company went into a quiet periodx nine months ago, suspending the ability to seek loanxs through Prosper. Initially, the marketplace will be accessible to residentsz of California and 13other states. Several other states are expected to alloaw the service over the nextfew weeks. Prosper returns with some enhancefd features that include a bid floofr to help guide lenders and minimum bidsof $25, cuttiny in half the former minimujm bid to allow lendersw to better diversify their loan portfolios.
The company also boostec the minimum credit scorde to get a loan through the servicwe to 640from 520. Prosper, which debutexd its service inearly 2006, had become the largestf P2P lending marketplace when it enteresd the SEC registration quiet period in Octobere 2008. At that time, the company 800,000 member and had facilitaterabout $180 million in personal
With the completion of the Securities and Exchang e Commissionregistration process, Prosper immediatelg begins offering a secondary market for lenders who wish to sell their Propser loans to other investors. The move significantlyu enhances the liquidityfor Prosper’s who can auction their loans at any time on the new auction-basesd trading platform. Prosper CEO Chrias Larsen saidthe SEC’s approval to offer its servics is a “big deal” for so-called P2P “Completion of the SEC registration process for our auction-basex model – a model that we believde is an extraordinarily powerful tool for fair price discovery for everyone involved in the transaction is a major watershed for the Larsen said.
“With the financial system in crisis, P2P lendiny – Americans investing in felloew Americans and smallbusinesses – is needed now more than The company went into a quiet periodx nine months ago, suspending the ability to seek loanxs through Prosper. Initially, the marketplace will be accessible to residentsz of California and 13other states. Several other states are expected to alloaw the service over the nextfew weeks. Prosper returns with some enhancefd features that include a bid floofr to help guide lenders and minimum bidsof $25, cuttiny in half the former minimujm bid to allow lendersw to better diversify their loan portfolios.
The company also boostec the minimum credit scorde to get a loan through the servicwe to 640from 520. Prosper, which debutexd its service inearly 2006, had become the largestf P2P lending marketplace when it enteresd the SEC registration quiet period in Octobere 2008. At that time, the company 800,000 member and had facilitaterabout $180 million in personal
Tuesday, April 17, 2012
Cassidy & Pinkard Colliers merges with 3 firms - Washington Business Journal:
utyziluz.wordpress.com
The merger deepens an existing relationshiplbetween District-based Cassidy & Pinkardr and Colliers Pinkard of Baltimore and Colliers Turley Martin Tuckerr of St. Louis. Those firms have held a 40 percenft interest inCassidy & Pinkard since Octobert 2006. The fourth company is of New They are all part ofCollierz International, a group of loosely affiliated real estat e services firms. When the transaction closesz at the end of this the four privately held companies will have poolexd their collective stock into aholdin company, tentatively called , but each will continud to operate as an independent subsidiart under its existing name, said Joseph Stettinius Jr.
, CEO of Cassidy & Pinkard Colliers. Terms were not disclosed. The combined company will have nearly 210 principals who are employee shareholdersand 2,000 total employees, Stettinius said. The firm’s combined annual revenues are expected totop $250 Cassidy & Pinkard ranks No. 8 on the Washingtonn Business Journal’s list of largesft commercial leasing brokers, with $13.01 million in revenue from metro-are leasing operations in 2007. The company has 45 brokers. “We have been successfulo partners sinceOctober 2006, so it is a natural step for us to leverages our relationship,” Stettinius said.
“Together, we will be able to providre additional services to our expanded career opportunities to our employeess and accelerated growth forour shareholders.” Some of those additional services include an increasex emphasis on corporate solutions and incentives practices, which two of the merginvg affiliates — Colliers Turley Martin Tucker and Colliersz Pinkard — already Stettinius said.
Corporate solutions are “soup-to-nuts” real estate servicesw for franchise-type tenants who need the same sort of spacw and amenities in every The incentives practices help corporate clients snarr financial incentives from local governments hoping to lure major employers intotheidr market. Cassidy & Pinkard currently offere those services by referring clients tothe St. Louis and Baltimorwe affiliates, with little to no benefit to Cassidy & Stettinius said. With shared ownership, Cassidgy & Pinkard will share in the profirt fromthose deals, Stettinius said.
Cassidy & Pinkarxd itself brings sizable brokerage and capital marketz practices tothe table, whichh it hopes to expand through the merger. Cassidhy & Pinkard sees the fourth Colliers ABR, as key to increasinyg its slice of the globalcapital “What this does in the capital markets arens is it gives us a bigger stage and also gives us a huge opportunith in New York,” said Robert Pinkard, chairman of Cassidyh & Pinkard. “New York is obviously a gatewayh market forinternational investors, and there is a lot of synergyh between these two cities.
” Stettiniusd and Pinkard firmly denied that the move was intendedr to raise capital in a tougbh — and rapidly consolidating — market. “We’re not doing this as a defensivemove — we’re doing it as an offensivse move,” Stettinius said. “It gives us the abilit y to expand, in a geographic what we already do, and it allowz us to become a leader quickly in things in whic hwe aren’t currently the market leader.
”
The merger deepens an existing relationshiplbetween District-based Cassidy & Pinkardr and Colliers Pinkard of Baltimore and Colliers Turley Martin Tuckerr of St. Louis. Those firms have held a 40 percenft interest inCassidy & Pinkard since Octobert 2006. The fourth company is of New They are all part ofCollierz International, a group of loosely affiliated real estat e services firms. When the transaction closesz at the end of this the four privately held companies will have poolexd their collective stock into aholdin company, tentatively called , but each will continud to operate as an independent subsidiart under its existing name, said Joseph Stettinius Jr.
, CEO of Cassidy & Pinkard Colliers. Terms were not disclosed. The combined company will have nearly 210 principals who are employee shareholdersand 2,000 total employees, Stettinius said. The firm’s combined annual revenues are expected totop $250 Cassidy & Pinkard ranks No. 8 on the Washingtonn Business Journal’s list of largesft commercial leasing brokers, with $13.01 million in revenue from metro-are leasing operations in 2007. The company has 45 brokers. “We have been successfulo partners sinceOctober 2006, so it is a natural step for us to leverages our relationship,” Stettinius said.
“Together, we will be able to providre additional services to our expanded career opportunities to our employeess and accelerated growth forour shareholders.” Some of those additional services include an increasex emphasis on corporate solutions and incentives practices, which two of the merginvg affiliates — Colliers Turley Martin Tucker and Colliersz Pinkard — already Stettinius said.
Corporate solutions are “soup-to-nuts” real estate servicesw for franchise-type tenants who need the same sort of spacw and amenities in every The incentives practices help corporate clients snarr financial incentives from local governments hoping to lure major employers intotheidr market. Cassidy & Pinkard currently offere those services by referring clients tothe St. Louis and Baltimorwe affiliates, with little to no benefit to Cassidy & Stettinius said. With shared ownership, Cassidgy & Pinkard will share in the profirt fromthose deals, Stettinius said.
Cassidy & Pinkarxd itself brings sizable brokerage and capital marketz practices tothe table, whichh it hopes to expand through the merger. Cassidhy & Pinkard sees the fourth Colliers ABR, as key to increasinyg its slice of the globalcapital “What this does in the capital markets arens is it gives us a bigger stage and also gives us a huge opportunith in New York,” said Robert Pinkard, chairman of Cassidyh & Pinkard. “New York is obviously a gatewayh market forinternational investors, and there is a lot of synergyh between these two cities.
” Stettiniusd and Pinkard firmly denied that the move was intendedr to raise capital in a tougbh — and rapidly consolidating — market. “We’re not doing this as a defensivemove — we’re doing it as an offensivse move,” Stettinius said. “It gives us the abilit y to expand, in a geographic what we already do, and it allowz us to become a leader quickly in things in whic hwe aren’t currently the market leader.
”
Sunday, April 15, 2012
N.C. banks outperforming peers on real estate loans - Charlotte Business Journal:
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Those are among the findings of a new reportfrom Charlotte-bases . It shows that bankxs based in North Carolina lead the Southeasttwith $720 billion in real estate about 15.3% of the nation’s But only 2.18% of those loansx are 90 days or more past due. That place s North Carolina third-best among the seve n Southeastern states, behind Virginia and Tennessee, the reporft says. It’s also better than the national rate of North Carolina-based banks are more exposed to developmenty loans than their Southeastern peers. Thosee loans are considered riskier than other realestate lending, such as home loans.
But so far, developmentt loans by banks in North Carolina are performing despite experts’ concerns. Financial analysrt Matthew Jones, principal at Forum Capital, says his researcuh reflects recent realestate trends. Becausw North Carolina didn’t see property value skyrocket as fast as they did in statess such as Floridaand Georgia, the N.C. decline hasn’t been as “We just don’t have the highs and Jones says. “And banks here seem to have done a good job managing their portfolios and keepingbloans current.” There’s still causew for concern.
Because banks based in North Carolina hold so much real they remain exposed if another wave of real estats losses hitsthe market. Jones says one common denominatodr for banks that have failed duringf the recession is a heavy exposure to riskgreal estate. “That stuff just hangs around on thebalance sheet, and it can cause It’s not even that some of thes e guys did anything wrong. But the market materially changed.” The next dangee spot for bank portfolios is lending for constructiojn andland development, analysts and banker s say. Federal regulators’ recent stresxs test of the nation’s largest banks consideref C&D loans among the riskiest for lenders.
Regulatorsd estimated 18% losses on that group of loans if the recessionm wereto worsen. At Nortu Carolina’s institutions, about 20% of all loans fall into the C&Ds category, twice the national average and second-highest in the Georgia has the highest rate in the Southeasgat 21.37%. C&D loans are oftehn structured with balloon payments that can be paidor restructured, depending on sales. But the downturn has nearlu halted major realestate purchases. Tony Plath, financse professor at , says that will make it difficultg for some developers to stay curreny ontheir payments.
Tighter lending requirements also will make it hard for developere to refinance before big paymentscome due. Rightr now, 4.3% of all constructiob and development loans issued in North Carolina are severelypast due, accordingf to Forum Capital’s report. “I’m reallgy worried about developer performance,” Platy says. And local community bankers havesaid they’re concernes developers that have survived so far may be nearing the end of their reserves and will run into trouble if salesd don’t pick up.
Jones, the Forum Capitaol analyst, says North Carolina’s exposure to higher-risk loans doesn’r mean the properties are all located within the He says national banks inCharlotte — Bank of America Corp. and Wachovia, now owneed by Wells Fargo & Co. hold a large number of loans securede by property inother states. That includes dealxs in distressed markets such as Floridqand California. The high exposur e doesn’t necessarily mean banks here are headed forimmediated trouble. Of all the bank failures in the Southeastsincwe August, the average failed bank had more than 46% of its net loanx in the C&D category, Forum Capital’sd report shows.
And, on average, nearlyh 33% of those loans were past due orin default. But in Nortj Carolina, only four banks exceed 40% of net loans in the C&DD category — Blue Ridge Savings Bank, Cooperative Trust Atlantic Bank and Wake Forest Federal Savingsand Loan. And they all are well beloew theaverage past-due ratees of the failed banks.
Those are among the findings of a new reportfrom Charlotte-bases . It shows that bankxs based in North Carolina lead the Southeasttwith $720 billion in real estate about 15.3% of the nation’s But only 2.18% of those loansx are 90 days or more past due. That place s North Carolina third-best among the seve n Southeastern states, behind Virginia and Tennessee, the reporft says. It’s also better than the national rate of North Carolina-based banks are more exposed to developmenty loans than their Southeastern peers. Thosee loans are considered riskier than other realestate lending, such as home loans.
But so far, developmentt loans by banks in North Carolina are performing despite experts’ concerns. Financial analysrt Matthew Jones, principal at Forum Capital, says his researcuh reflects recent realestate trends. Becausw North Carolina didn’t see property value skyrocket as fast as they did in statess such as Floridaand Georgia, the N.C. decline hasn’t been as “We just don’t have the highs and Jones says. “And banks here seem to have done a good job managing their portfolios and keepingbloans current.” There’s still causew for concern.
Because banks based in North Carolina hold so much real they remain exposed if another wave of real estats losses hitsthe market. Jones says one common denominatodr for banks that have failed duringf the recession is a heavy exposure to riskgreal estate. “That stuff just hangs around on thebalance sheet, and it can cause It’s not even that some of thes e guys did anything wrong. But the market materially changed.” The next dangee spot for bank portfolios is lending for constructiojn andland development, analysts and banker s say. Federal regulators’ recent stresxs test of the nation’s largest banks consideref C&D loans among the riskiest for lenders.
Regulatorsd estimated 18% losses on that group of loans if the recessionm wereto worsen. At Nortu Carolina’s institutions, about 20% of all loans fall into the C&Ds category, twice the national average and second-highest in the Georgia has the highest rate in the Southeasgat 21.37%. C&D loans are oftehn structured with balloon payments that can be paidor restructured, depending on sales. But the downturn has nearlu halted major realestate purchases. Tony Plath, financse professor at , says that will make it difficultg for some developers to stay curreny ontheir payments.
Tighter lending requirements also will make it hard for developere to refinance before big paymentscome due. Rightr now, 4.3% of all constructiob and development loans issued in North Carolina are severelypast due, accordingf to Forum Capital’s report. “I’m reallgy worried about developer performance,” Platy says. And local community bankers havesaid they’re concernes developers that have survived so far may be nearing the end of their reserves and will run into trouble if salesd don’t pick up.
Jones, the Forum Capitaol analyst, says North Carolina’s exposure to higher-risk loans doesn’r mean the properties are all located within the He says national banks inCharlotte — Bank of America Corp. and Wachovia, now owneed by Wells Fargo & Co. hold a large number of loans securede by property inother states. That includes dealxs in distressed markets such as Floridqand California. The high exposur e doesn’t necessarily mean banks here are headed forimmediated trouble. Of all the bank failures in the Southeastsincwe August, the average failed bank had more than 46% of its net loanx in the C&D category, Forum Capital’sd report shows.
And, on average, nearlyh 33% of those loans were past due orin default. But in Nortj Carolina, only four banks exceed 40% of net loans in the C&DD category — Blue Ridge Savings Bank, Cooperative Trust Atlantic Bank and Wake Forest Federal Savingsand Loan. And they all are well beloew theaverage past-due ratees of the failed banks.
Friday, April 13, 2012
Midwest resumes nonstop service between Los Angeles, Milwaukee - Los Angeles Business from bizjournals:
stages-paddocks.blogspot.com
Daily nonstop service between Milwaukee and Los Angeles willbegibn Aug. 1, with service offered aboard an Embraert 190 configured with10 extra-wide leather Signature seats and 84 leathef Saver seats. Buy-onboard Best Care Cuisine mealsand baked-onboarfd chocolate chip cookies will also be Oak Creek, Wisc.-based Midwest recently entered into air servicde agreements with Indianapolis-based to operate the E190s and E135s for this Midwest dropped nonstop service to Los Angelews from Milwaukee last year after it eliminated its fleef of MD-80 aircraft, whicu had the capability of reachiny the West Coast without refueling.
“Ww continue to stay close to our customers to providse what they want in terms of enhanced service options to a varietyof markets,” Timothy Hoeksema, chairman, president and chie executive officer wrote in a messagde to employees marking the airline’s 25th “As we make progress on our restructurinyg plan, to be able to make this announcement in conjunction with our anniversary acknowledges the customers who have supported us for the past 25
Daily nonstop service between Milwaukee and Los Angeles willbegibn Aug. 1, with service offered aboard an Embraert 190 configured with10 extra-wide leather Signature seats and 84 leathef Saver seats. Buy-onboard Best Care Cuisine mealsand baked-onboarfd chocolate chip cookies will also be Oak Creek, Wisc.-based Midwest recently entered into air servicde agreements with Indianapolis-based to operate the E190s and E135s for this Midwest dropped nonstop service to Los Angelews from Milwaukee last year after it eliminated its fleef of MD-80 aircraft, whicu had the capability of reachiny the West Coast without refueling.
“Ww continue to stay close to our customers to providse what they want in terms of enhanced service options to a varietyof markets,” Timothy Hoeksema, chairman, president and chie executive officer wrote in a messagde to employees marking the airline’s 25th “As we make progress on our restructurinyg plan, to be able to make this announcement in conjunction with our anniversary acknowledges the customers who have supported us for the past 25
Wednesday, April 11, 2012
Kentucky unemployment rate hits 10.6 percent - Denver Business Journal:
polinaagyvtiwu.blogspot.com
percent, the highest rate since according to figures released Thursday bythe . It jumpeed from 9.9 percent in April and 6.2 percent a year “That sobering fact should dramatically underscore the need for all of us inthe Governor’s office and in the legislaturs — to find every way possibl e to save jobs and create new ones,” Kentuck y Gov. Steve Beshear said in a news release. The monthlyh estimate of unemployed Kentuckians for May 2009was 220,565, comparedx with 205,071 in April and 125,353e a year earlier. The U.S. seasonally adjusted unemployment rate in May increasedfto 9.4 percent from 8.9 percent in April, according to the .
Beshear called on Kentucky legislators to approve some key measuree they currently are deliberating on during an emergency sessionm of theGeneral Assembly. The Kentuckyg House of Representatives Wednesday passed two billsx aimedat jump-starting the state’s faltering economy. One would creatse a transportation infrastructure authority to oversee megatransportatioh projects. The other would increase economic incentives the statw could offer businesses to It also set asided incentives to lure a Sprint Cup Serieas race toKentucky Speedway, the Breeder’zs Cup World Championships to the state and attract filmmakers to shoot more films in Kentucky.
Lawmakersd also are considering bills that wouldx deal withthe state’e nearly $1 billion budgey deficit and bring video lottery terminalas to the state’s horse racingy tracks. “We need to lead and lead now — on thesed measures,” Beshear said in the
percent, the highest rate since according to figures released Thursday bythe . It jumpeed from 9.9 percent in April and 6.2 percent a year “That sobering fact should dramatically underscore the need for all of us inthe Governor’s office and in the legislaturs — to find every way possibl e to save jobs and create new ones,” Kentuck y Gov. Steve Beshear said in a news release. The monthlyh estimate of unemployed Kentuckians for May 2009was 220,565, comparedx with 205,071 in April and 125,353e a year earlier. The U.S. seasonally adjusted unemployment rate in May increasedfto 9.4 percent from 8.9 percent in April, according to the .
Beshear called on Kentucky legislators to approve some key measuree they currently are deliberating on during an emergency sessionm of theGeneral Assembly. The Kentuckyg House of Representatives Wednesday passed two billsx aimedat jump-starting the state’s faltering economy. One would creatse a transportation infrastructure authority to oversee megatransportatioh projects. The other would increase economic incentives the statw could offer businesses to It also set asided incentives to lure a Sprint Cup Serieas race toKentucky Speedway, the Breeder’zs Cup World Championships to the state and attract filmmakers to shoot more films in Kentucky.
Lawmakersd also are considering bills that wouldx deal withthe state’e nearly $1 billion budgey deficit and bring video lottery terminalas to the state’s horse racingy tracks. “We need to lead and lead now — on thesed measures,” Beshear said in the
Monday, April 9, 2012
Former Kraft CFO joins Schwans - Kansas City Business Journal:
vykyvimote.wordpress.com
Dollive, who will join Schwan officiallty onJune 15, spent 29 yearas at Northfield, Ill.-based Kraft Food s Inc., most recently serving as executive vice president and CFO from 2000 untilo he retired in 2007, then at age 56. “Jin has a proven track record of leading and supportinggrowthg businesses, enterprise-wide cost savings initiatives, and growinbg financial talent and organizational capabilities,” said Schwan Presidenty and CEO Greg Flack. Dollive’s backgroundc includes an MBA from The Whartonh School of Business at the Universitof Pennsylvania.
Former CFO Bernadette Kruk, who had held that positionj sinceearly 2008, is still with the company, and has the titlre senior vice president and corporate controller. Dollive’s appointmentr completes a top-level management turnover at the privately-helsd frozen food manufacturing company that began about 18 months ago when forme r CEO Lenny Pippin abruptly leftthe Also, this January, Alfred Schwan, who had been chairmanm since 2003, retired and was replaced by Allaj Schuman, former Chairman and CEO of Ecolab Inc., St. who became the first non-Schwan family member to head the boarrof directors.
Dollive, who will join Schwan officiallty onJune 15, spent 29 yearas at Northfield, Ill.-based Kraft Food s Inc., most recently serving as executive vice president and CFO from 2000 untilo he retired in 2007, then at age 56. “Jin has a proven track record of leading and supportinggrowthg businesses, enterprise-wide cost savings initiatives, and growinbg financial talent and organizational capabilities,” said Schwan Presidenty and CEO Greg Flack. Dollive’s backgroundc includes an MBA from The Whartonh School of Business at the Universitof Pennsylvania.
Former CFO Bernadette Kruk, who had held that positionj sinceearly 2008, is still with the company, and has the titlre senior vice president and corporate controller. Dollive’s appointmentr completes a top-level management turnover at the privately-helsd frozen food manufacturing company that began about 18 months ago when forme r CEO Lenny Pippin abruptly leftthe Also, this January, Alfred Schwan, who had been chairmanm since 2003, retired and was replaced by Allaj Schuman, former Chairman and CEO of Ecolab Inc., St. who became the first non-Schwan family member to head the boarrof directors.
Sunday, April 8, 2012
Miller-Valentine building $25M center in South Carolina - Sacramento Business Journal:
edovogopu.wordpress.com
The Dayton-based real estate company, which has offices in Cincinnat iand Columbia, is buildinvg a 465,000-square-foot distribution facility for Atlanta-baseds (NYSE: HD). The $25 million regional distribution centerd will serve 150 stores in South andNortgh Carolina, Tennessee and partsd of Georgia. It will allow Home Depot to offer a greater variety of products in each individual Kurt Eyring, vice president of construction with Miller-Valentine, said the buildint has an aggressive timetable for completion, only 28 He said the company’s experience allows it to buildf the massive structure so quickly.
“In a projecft like this, we will be pouriny footers, standing wall panels and putting on a roof all at thesame time,” Eyring said in a news The tilt-up concrete building will includr 171 dock doors and 18,000 squarse feet of office space. The building will covef 11 acres underits roof. The distribution center is expected to employ approximately 300 people onceit opens. The new centerf is a part of a 290-acre master-planneds development in Lexington County.
Southg Carolina has been a growth market for In January, the firm announcer it had begun constructionj on a 176,000-square-foot distribution centef in the state and already had landed its first anchor Last year, the company completed a 150,000-square-foot speculative industrial buildinhg in Orangeburg, S.C. Miller-Valentined has several divisions including commercial and residential property leasing andproperty management.
The Dayton-based real estate company, which has offices in Cincinnat iand Columbia, is buildinvg a 465,000-square-foot distribution facility for Atlanta-baseds (NYSE: HD). The $25 million regional distribution centerd will serve 150 stores in South andNortgh Carolina, Tennessee and partsd of Georgia. It will allow Home Depot to offer a greater variety of products in each individual Kurt Eyring, vice president of construction with Miller-Valentine, said the buildint has an aggressive timetable for completion, only 28 He said the company’s experience allows it to buildf the massive structure so quickly.
“In a projecft like this, we will be pouriny footers, standing wall panels and putting on a roof all at thesame time,” Eyring said in a news The tilt-up concrete building will includr 171 dock doors and 18,000 squarse feet of office space. The building will covef 11 acres underits roof. The distribution center is expected to employ approximately 300 people onceit opens. The new centerf is a part of a 290-acre master-planneds development in Lexington County.
Southg Carolina has been a growth market for In January, the firm announcer it had begun constructionj on a 176,000-square-foot distribution centef in the state and already had landed its first anchor Last year, the company completed a 150,000-square-foot speculative industrial buildinhg in Orangeburg, S.C. Miller-Valentined has several divisions including commercial and residential property leasing andproperty management.
Friday, April 6, 2012
Weather sponsored by: - Brainerd Daily Dispatch
omagyvoham.wordpress.com
Weather sponsored by: Brainerd Daily Dispatch AUGUSTA, Ga. (AP) â€" With his words and then his play, Lee Westwood shot down the notion Thursday that this Masters was a two-horse race. On a busy opening day at Augusta National that featured mud, a little rain and a snowman on the final hole for ... |
Wednesday, April 4, 2012
Labor Department official analyzes May unemployment numbers - Birmingham Business Journal:
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percent in May from 8.9 percent in ( .) Here is the statement on the latestf unemployment data byKeith Hall, commissioner of the federalo of the , which released the new as prepared for delivery Friday to the Joint Economic Committee of Congress. Madam Chaid and members of the committee: Thank you for the opportunity to discusss the employment and unemploymentf data that we releasexthis morning. Nonfarm payroll employment declinefby 345,000 in May. Job losses had average 643,000 per month during the priord6 months. In May, the unemployment rate rose from 8.9 to 9.4 Since the recession began in December payroll employment has fallenby 6.0 and the unemployment rate has increased by 4.
5 percentags points. Job losses continueed to be widespreadin May, but the rate of declin e moderated in construction and severaol service-providing industries. Large job losses continued in the manufacturinygsector (-156,000), with employment declines in nearlhy all component industries. Employment fell sharply in motor vehicles andpartsd (-30,000), machinery (-26,000), and fabricated metals Since the start of the recession, manufacturing employmengt has decreased by 1.8 million, accounting for 3 out of 10 jobs lost durintg this downturn. Construction employment declinedby 59,000 in May, half the averag of the previous 6 months.
Job lossea moderated in the private service-providing with employment fallingby 113,000 in May compared with an averag monthly decline of 356,000 in the priort 6 months. Employment was little changed intemporarhy help, retail trade, and leisure and following large declines in recenf months. Elsewhere in the service-providing the health care industrygadded 24,000 jobs in May. This was abouy in line with the trened thus farin 2009. In May, averagr hourly earnings for production and nonsupervisorh workers in the private sector were up by 2 cents to Over the past12 months, average hourlu earnings have risen by 3.1 percent.
From April 2008 to Aprip 2009, the Consumer Price Indedx for Urban Wage Earners and Clerical Workers declinedfby 1.2 percent. Turning to measures from the surveof households, the unemployment rate increased from 8.9 to 9.4 percenf over the month. The number of unemployee rose by 787,000 to 14.5 million. Sinc the recession began, the jobless rate has increasecdby 4.5 percentage points, and the numbet of unemployed persons has growbn by 7.0 million. Among the unemployed, the numbet who have been out of work 27 weekd or more increasedby 268,000 in May to 3.9 million. Theses long-term unemployed represented 2.5 percent of the labor force, the highest proportion since 1983.
Over the the employment-population ratio edged down to 59.7 percent, the lowesy level since October 1984. Since the recession began, the employment-population ratiok has fallen by 3.0 percentage points. Amonh the employed, the number of persons working part time who woulfdprefer full-time work was little changed for the second consecutivs month. At 9.1 million in May, involuntaryg part-time employment was 4.4 million higher than at the startg ofthe recession.
Among those outside the labor force--that is, persons neithee working nor lookingfor work--the number of discouraged workerw was 792,000 in May, up from 400,000 a year These individuals are not currently looking for work because they believe no jobs are availabld for them. In summary, nonfar m payroll employment fellby 345,000 in May, compared with the averagwe monthly decline of 643,00p for the previous 6 months. While job lossesa continued tobe widespread, declines moderated in construction and in a numberd of service-providing industries. The unemployment rate rose by half a percentaged pointto 9.4 percent.
percent in May from 8.9 percent in ( .) Here is the statement on the latestf unemployment data byKeith Hall, commissioner of the federalo of the , which released the new as prepared for delivery Friday to the Joint Economic Committee of Congress. Madam Chaid and members of the committee: Thank you for the opportunity to discusss the employment and unemploymentf data that we releasexthis morning. Nonfarm payroll employment declinefby 345,000 in May. Job losses had average 643,000 per month during the priord6 months. In May, the unemployment rate rose from 8.9 to 9.4 Since the recession began in December payroll employment has fallenby 6.0 and the unemployment rate has increased by 4.
5 percentags points. Job losses continueed to be widespreadin May, but the rate of declin e moderated in construction and severaol service-providing industries. Large job losses continued in the manufacturinygsector (-156,000), with employment declines in nearlhy all component industries. Employment fell sharply in motor vehicles andpartsd (-30,000), machinery (-26,000), and fabricated metals Since the start of the recession, manufacturing employmengt has decreased by 1.8 million, accounting for 3 out of 10 jobs lost durintg this downturn. Construction employment declinedby 59,000 in May, half the averag of the previous 6 months.
Job lossea moderated in the private service-providing with employment fallingby 113,000 in May compared with an averag monthly decline of 356,000 in the priort 6 months. Employment was little changed intemporarhy help, retail trade, and leisure and following large declines in recenf months. Elsewhere in the service-providing the health care industrygadded 24,000 jobs in May. This was abouy in line with the trened thus farin 2009. In May, averagr hourly earnings for production and nonsupervisorh workers in the private sector were up by 2 cents to Over the past12 months, average hourlu earnings have risen by 3.1 percent.
From April 2008 to Aprip 2009, the Consumer Price Indedx for Urban Wage Earners and Clerical Workers declinedfby 1.2 percent. Turning to measures from the surveof households, the unemployment rate increased from 8.9 to 9.4 percenf over the month. The number of unemployee rose by 787,000 to 14.5 million. Sinc the recession began, the jobless rate has increasecdby 4.5 percentage points, and the numbet of unemployed persons has growbn by 7.0 million. Among the unemployed, the numbet who have been out of work 27 weekd or more increasedby 268,000 in May to 3.9 million. Theses long-term unemployed represented 2.5 percent of the labor force, the highest proportion since 1983.
Over the the employment-population ratio edged down to 59.7 percent, the lowesy level since October 1984. Since the recession began, the employment-population ratiok has fallen by 3.0 percentage points. Amonh the employed, the number of persons working part time who woulfdprefer full-time work was little changed for the second consecutivs month. At 9.1 million in May, involuntaryg part-time employment was 4.4 million higher than at the startg ofthe recession.
Among those outside the labor force--that is, persons neithee working nor lookingfor work--the number of discouraged workerw was 792,000 in May, up from 400,000 a year These individuals are not currently looking for work because they believe no jobs are availabld for them. In summary, nonfar m payroll employment fellby 345,000 in May, compared with the averagwe monthly decline of 643,00p for the previous 6 months. While job lossesa continued tobe widespread, declines moderated in construction and in a numberd of service-providing industries. The unemployment rate rose by half a percentaged pointto 9.4 percent.
Monday, April 2, 2012
Equifax: Small biz bankruptcies double in March - St. Louis Business Journal:
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Sacramento, Calif. Chicago-Naperville-Joliet, Ill. Anaheim-Irvine, Calif. Calif. Portland-Vancouver-Beaverton, Ore.-Wash. Commercial bankruptcies nearlh doubled in March 2009 from March Equifax noted. "The March numbers provide a snapshotfof what's been happening to the small business sector during this period of economix turmoil," said Reza Barazesh, head of Equifax's Norty American Commercial Analytical Services Group, in a news "Not surprisingly, the highesg number of small-business bankruptcies are in those partw of the country where home pricesa have decreased dramatically, unemploymeng has increased significantly, and credit has become tighter.
" For the Equifax analyzed both Chapter 7 and Chapter 13 Chapter 7 is a liquidation proceeding in which a debtod receives a discharge of all debts, whiled Chapter 13 is a reorganization bankruptcy enabling filerxs to pay off debt over a set period of years. Equifax reviewed and analyzef small business data for the most recent month for whicbh complete datais available.
Sacramento, Calif. Chicago-Naperville-Joliet, Ill. Anaheim-Irvine, Calif. Calif. Portland-Vancouver-Beaverton, Ore.-Wash. Commercial bankruptcies nearlh doubled in March 2009 from March Equifax noted. "The March numbers provide a snapshotfof what's been happening to the small business sector during this period of economix turmoil," said Reza Barazesh, head of Equifax's Norty American Commercial Analytical Services Group, in a news "Not surprisingly, the highesg number of small-business bankruptcies are in those partw of the country where home pricesa have decreased dramatically, unemploymeng has increased significantly, and credit has become tighter.
" For the Equifax analyzed both Chapter 7 and Chapter 13 Chapter 7 is a liquidation proceeding in which a debtod receives a discharge of all debts, whiled Chapter 13 is a reorganization bankruptcy enabling filerxs to pay off debt over a set period of years. Equifax reviewed and analyzef small business data for the most recent month for whicbh complete datais available.
Saturday, March 31, 2012
UAB to medical alumni group: Let's consolidate - Birmingham Business Journal:
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Betty Ruth Speir, immediate past presidenyt of the , said the request was a sign of and was nothing more than a powet grab attempt to gain control over medicalpalumni fundraising, MAA’s property on 20th Street Soutuh and access to its national alumni database. “Theyt see us as a great threat and they just want Speir said. UAB spokeswoman Dale Turnbougjh said inan e-mail response that the university’ds proposal was not an attempt to take control over medica l alumni fundraising.
She said UAB “valuesx its relationship with all medicalk alumni and continues to work very hard to achievr a positive relationship with MAA The rift between UAB and MAA had been brewing for but escalated in 2008 when the universituy changed themedical school’s name to include UAB and beganh restricting access to medical students. The MAA openly questioned the university’s motives in the name change and then, on Jan. 23, the officially severed ties with MAA and started its own medicalalumni group. It stoppec paying some of MAA’w operating expenses, including personnel salaries.
Current MAA Presidenrt Theodis Buggs called the consolidation proposala “totao disappointment” in a letter to university representatives and in a May 19 letter said the associationh would continue to serve medical students and alumno as an independent entity. In an April 23 lette r to Buggs, the The MAA would have to agree to cooperatw with theuniversity “aft all times” and in “all to facilitate the university’s according to the affiliation letter whichy was posted on the MAA’s Web site. It would also have to acknowledge that the school will continure to use the trade name and thatthe school’d graduates since 1969 are UAB alumni.
The MAA would have to providw the universitywith “any and all data” relatinhg to alumni and donors. In a move Speir deemed a “deal breaker,” the university’e proposed agreement would have abolished anyMAA personnel, including its executive director. The agreement also would have mandated the transfer of allof MAA’sa assets to the university if they ever with the exception of the 20th Street building, whicnh the MAA has feared the university has been In August 2008, UAB asked the city of Birmingham to rezon e the alumni building as part of a healtbh and institutional district, but the request was turned down becaus it was discovered UAB didn’t own the the MAA did.
In a May 19 letter to the Universityu ofAlabama System, Buggs said MAA will continued to have its own employee and be responsible for its bankinv and accounting processes. Speir said UAB’zs proposal is a reflection of its inabilitty to lure medical school alumni and donors away fromthe MAA. She said medicalp school alumni are loyal to the MAA andit doesn’gt worry about competing for their “We’ll remain independent like we’ve been for 40 years,” Speirf said. Animosity between the and MAA graduall y grew after they agreed to work together inSeptembe 2005.
Speir said in February that MAA was coerced into that agreement by UAB, whom she said pledged to start a competing fundraisingh arm for medical students if they did not merge efforts.
Betty Ruth Speir, immediate past presidenyt of the , said the request was a sign of and was nothing more than a powet grab attempt to gain control over medicalpalumni fundraising, MAA’s property on 20th Street Soutuh and access to its national alumni database. “Theyt see us as a great threat and they just want Speir said. UAB spokeswoman Dale Turnbougjh said inan e-mail response that the university’ds proposal was not an attempt to take control over medica l alumni fundraising.
She said UAB “valuesx its relationship with all medicalk alumni and continues to work very hard to achievr a positive relationship with MAA The rift between UAB and MAA had been brewing for but escalated in 2008 when the universituy changed themedical school’s name to include UAB and beganh restricting access to medical students. The MAA openly questioned the university’s motives in the name change and then, on Jan. 23, the officially severed ties with MAA and started its own medicalalumni group. It stoppec paying some of MAA’w operating expenses, including personnel salaries.
Current MAA Presidenrt Theodis Buggs called the consolidation proposala “totao disappointment” in a letter to university representatives and in a May 19 letter said the associationh would continue to serve medical students and alumno as an independent entity. In an April 23 lette r to Buggs, the The MAA would have to agree to cooperatw with theuniversity “aft all times” and in “all to facilitate the university’s according to the affiliation letter whichy was posted on the MAA’s Web site. It would also have to acknowledge that the school will continure to use the trade name and thatthe school’d graduates since 1969 are UAB alumni.
The MAA would have to providw the universitywith “any and all data” relatinhg to alumni and donors. In a move Speir deemed a “deal breaker,” the university’e proposed agreement would have abolished anyMAA personnel, including its executive director. The agreement also would have mandated the transfer of allof MAA’sa assets to the university if they ever with the exception of the 20th Street building, whicnh the MAA has feared the university has been In August 2008, UAB asked the city of Birmingham to rezon e the alumni building as part of a healtbh and institutional district, but the request was turned down becaus it was discovered UAB didn’t own the the MAA did.
In a May 19 letter to the Universityu ofAlabama System, Buggs said MAA will continued to have its own employee and be responsible for its bankinv and accounting processes. Speir said UAB’zs proposal is a reflection of its inabilitty to lure medical school alumni and donors away fromthe MAA. She said medicalp school alumni are loyal to the MAA andit doesn’gt worry about competing for their “We’ll remain independent like we’ve been for 40 years,” Speirf said. Animosity between the and MAA graduall y grew after they agreed to work together inSeptembe 2005.
Speir said in February that MAA was coerced into that agreement by UAB, whom she said pledged to start a competing fundraisingh arm for medical students if they did not merge efforts.
Thursday, March 29, 2012
Paterson has plans for 'new economy' - Business First of Buffalo:
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New York state will commit up to $100 millionh over several years tothe so-called Innovation Economg Matching Grants program, one of several initiativees laid by Paterson under what he termed a new economy. Thos e matching funds are expected toleverage $1 billion in competitive grantg money, Paterson said. Clean energy is the industry likely to benefirt the most fromthe initiative, the governor said in announcingy the program at the in Manhattan. “We reallgy have to start with energy. I thin that can be the largest creator of jobs in the said Paterson.
He estimated that the clean-energy industry would create 50,000 new jobs in the state over the next few There are also opportunities for federapl stimulus grants in the areasof smart-grid, biosciences and stem-cell, information technology and nanotechnology F. Michael Tucker, CEO of the , said that grant applications supported by state dollarws stand a better chance of receiving federalstimulus money. He said the matchinhg grants program will link larger researchj institutions withsmaller companies. That connection will move inventions from the labto “Research is great, but you have to brinv the products to That’s what creates jobs,” Tucker said.
Paterson also announcedc severalother initiatives, including: urging the Public Service Commission to release $100 million from the state’s Renewablde Portfolio Standard (RPS) program by the end of the summer for project that are ready to go and eligible for stimuluzs money. A portion of a consumer’s electric bill pays for the state’s RPS, a program designed to support clean-energy and energy-reductionj programs. • capitalizing on federao stimulus funding for smartgrid technology. Smarg grid refers to a technology-basedx electric grid that adjusts for peakusage periods.
The federap government will provide up to 50 percent of the costof smart-grid Paterson wants the PSC to revieqw all of the smart-grid projects beint proposed around the state, then approve matching fundz before the applications are due on July 29. • creatinhg a life science innovation clustere that would bring together venturecapital companies, medical academic health centers and researcuh institution partners to develop health-care innovations. New York can no longer rely on Wall Streegt and other industries that once provided a large shar of itseconomic base, Paterson The state faces a budget deficit in 2009-10p of $3 billion, and a $2.
5 billion deficit in the 2010-11, the governodr said last month. “A new economty is emerging,” Paterson said. “It is it is tech-based and it is based on
New York state will commit up to $100 millionh over several years tothe so-called Innovation Economg Matching Grants program, one of several initiativees laid by Paterson under what he termed a new economy. Thos e matching funds are expected toleverage $1 billion in competitive grantg money, Paterson said. Clean energy is the industry likely to benefirt the most fromthe initiative, the governor said in announcingy the program at the in Manhattan. “We reallgy have to start with energy. I thin that can be the largest creator of jobs in the said Paterson.
He estimated that the clean-energy industry would create 50,000 new jobs in the state over the next few There are also opportunities for federapl stimulus grants in the areasof smart-grid, biosciences and stem-cell, information technology and nanotechnology F. Michael Tucker, CEO of the , said that grant applications supported by state dollarws stand a better chance of receiving federalstimulus money. He said the matchinhg grants program will link larger researchj institutions withsmaller companies. That connection will move inventions from the labto “Research is great, but you have to brinv the products to That’s what creates jobs,” Tucker said.
Paterson also announcedc severalother initiatives, including: urging the Public Service Commission to release $100 million from the state’s Renewablde Portfolio Standard (RPS) program by the end of the summer for project that are ready to go and eligible for stimuluzs money. A portion of a consumer’s electric bill pays for the state’s RPS, a program designed to support clean-energy and energy-reductionj programs. • capitalizing on federao stimulus funding for smartgrid technology. Smarg grid refers to a technology-basedx electric grid that adjusts for peakusage periods.
The federap government will provide up to 50 percent of the costof smart-grid Paterson wants the PSC to revieqw all of the smart-grid projects beint proposed around the state, then approve matching fundz before the applications are due on July 29. • creatinhg a life science innovation clustere that would bring together venturecapital companies, medical academic health centers and researcuh institution partners to develop health-care innovations. New York can no longer rely on Wall Streegt and other industries that once provided a large shar of itseconomic base, Paterson The state faces a budget deficit in 2009-10p of $3 billion, and a $2.
5 billion deficit in the 2010-11, the governodr said last month. “A new economty is emerging,” Paterson said. “It is it is tech-based and it is based on
Tuesday, March 27, 2012
JetBlue Captain Shut Out of Cockpit by Co-Pilot on Behavior - San Francisco Chronicle
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JetBlue Captain Shut Out of Cockpit by Co-Pilot on Behavior San Francisco Chronicle (Updates with pilot group's comment in fifth paragraph.) March 27 (Bloomberg) -- A JetBlue Airways Corp. captain began acting erratically during a flight from New York today and was locked out of the cockpit by his co-pilot before the plane was ... |
Sunday, March 25, 2012
Stanford, Canary Foundation plan $20M cancer center - Atlanta Business Chronicle:
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Canary Foundation is pledging $15 million toward the doubling its earlier commitment to support early detectionh research atthe university. The medical school, togethe with the school's Department of Radiology, is committing $5 million througgh faculty recruitments, research facilities, and otherr infrastructure. The center will be led by Dr. Sanjivc Sam Gambhir and will include new faculty hireas in both ex vivo and in vivo The center is located in a newly renovated Schoool of Medicine building on California Avenue in Palo Alto and it will have stronbg ties to the NationalCancer Institute-designated Stanford Cancer Center with a view towardsx translating the early detection research into clinicao practice.
Canary Foundation is a non-profiy dedicated to the goal of identifying canced early through a simple blood test and then isolatint itwith imaging. Since Canary has raised over $30 milliobn to support early detection research.
Canary Foundation is pledging $15 million toward the doubling its earlier commitment to support early detectionh research atthe university. The medical school, togethe with the school's Department of Radiology, is committing $5 million througgh faculty recruitments, research facilities, and otherr infrastructure. The center will be led by Dr. Sanjivc Sam Gambhir and will include new faculty hireas in both ex vivo and in vivo The center is located in a newly renovated Schoool of Medicine building on California Avenue in Palo Alto and it will have stronbg ties to the NationalCancer Institute-designated Stanford Cancer Center with a view towardsx translating the early detection research into clinicao practice.
Canary Foundation is a non-profiy dedicated to the goal of identifying canced early through a simple blood test and then isolatint itwith imaging. Since Canary has raised over $30 milliobn to support early detection research.
Friday, March 23, 2012
General Motors exits bankruptcy - Birmingham Business Journal:
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The new company has $11 billion in U.S. excluding $9 billion in preferred The company expects to go publiccnext year, Chief Executive Fritz Henderson said during a news conferenc e Friday morning. GM will cut an additional 35 percent ofits U.S. managemeng employees and 20 percent of salarierd employees byyear end, Henderson said, adding he hasn’tr calculated the number of employees to be The company will cut its overall U.S. employment to abouyt 64,000 by year end, down 30 percen from the current 91,000. GM filed for Chapter 11 bankruptcy protectionJune 1. “Today starts a new era for Genera Motors and everyone associated with the Henderson said.
“Going forward, the new General Motorx is fully committed to listeningto customers, responding to consumerf and market trends, and empowering the peoplew closest to the customer to make the Our goal is to build more of the trucks and crossovers that customers want, and to get them to marker faster than ever before.” The new GM will have four core Chevrolet, Cadillac, Buick and GMC. It will have 34 nameplates next downfrom 48. •U.S. Treasury 60.8 percent. •UAW Retiree Medicaol Benefits Trust: 17.5 percent. •Canadian and Ontari governments: 11.7 percent.
•The old GM: 10 Henderson said GM intendxs to repay its governmentgloans “much sooner” than the 2015 due By the end of 2010, GM will operate 34 powertrain and stamping plants, down from 47 in 2008. And it expectse its plants to reach capacityduring 2011. Edwarf Whitacre Jr. is the new company’s chairman. The company eliminated its GM North Americanpresident position, and Henderson takese responsibility for GM’s North American GM is based in Detroit.
The new company has $11 billion in U.S. excluding $9 billion in preferred The company expects to go publiccnext year, Chief Executive Fritz Henderson said during a news conferenc e Friday morning. GM will cut an additional 35 percent ofits U.S. managemeng employees and 20 percent of salarierd employees byyear end, Henderson said, adding he hasn’tr calculated the number of employees to be The company will cut its overall U.S. employment to abouyt 64,000 by year end, down 30 percen from the current 91,000. GM filed for Chapter 11 bankruptcy protectionJune 1. “Today starts a new era for Genera Motors and everyone associated with the Henderson said.
“Going forward, the new General Motorx is fully committed to listeningto customers, responding to consumerf and market trends, and empowering the peoplew closest to the customer to make the Our goal is to build more of the trucks and crossovers that customers want, and to get them to marker faster than ever before.” The new GM will have four core Chevrolet, Cadillac, Buick and GMC. It will have 34 nameplates next downfrom 48. •U.S. Treasury 60.8 percent. •UAW Retiree Medicaol Benefits Trust: 17.5 percent. •Canadian and Ontari governments: 11.7 percent.
•The old GM: 10 Henderson said GM intendxs to repay its governmentgloans “much sooner” than the 2015 due By the end of 2010, GM will operate 34 powertrain and stamping plants, down from 47 in 2008. And it expectse its plants to reach capacityduring 2011. Edwarf Whitacre Jr. is the new company’s chairman. The company eliminated its GM North Americanpresident position, and Henderson takese responsibility for GM’s North American GM is based in Detroit.
Wednesday, March 21, 2012
Trayvon Martin and the Implications for Teacher Perceptions of Students - Huffington Post
uhalugupuzyma.blogspot.com
Globe and Mail | Trayvon Martin and the Implications for Teacher Perceptions of Students Huffington Post The bad news: Another young black boy gets shot down on the basis of perception of threat. Trayvon Martin is the latest in a list of victims of our racial politic, a young scholar with a budding future. George Zimmerman, the 28-year-old man who one day ... Emotion vs. law in the Trayvon Martin case |
Monday, March 19, 2012
Sporting star is attempting to break twelve world records for Sport Relief - Entertainmentwise
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Entertainmentwise | Sporting star is attempting to break twelve world records for Sport Relief Entertainmentwise Freddie attempted to break the quickest time to wrap someone in newspaper as he covered TV presenter Holly during an appearance on This Morning today, but unfortunately he failed to beat the current record - perhaps next time he'll pick someon e less ... Andrew 'Freddie' Flintoff attempts to set 12 world records for Sport Relief |
Saturday, March 17, 2012
Report: Ohio logs gain in clean energy jobs - Business First of Columbus:
igoeosysata1533.blogspot.com
percent while overall jobs declined 2.2 percent in the statse between 1998 and according to new researcuh bythe . Ohio was part of a national trend that saw job growtjh in the clean energy economt outperforming overall job growth in 38 state and the District of Columbia betweeb 1998and 2007. jobs in the clean energy economy grew at a rateof 9.1 percent while total jobs grew by only 3.7 percen t over the same period. In 2007, there were more than 35,25p jobs in Ohio’s cleahn energy economy – about the same as at , the state’sa largest employer. Pew’s report is titlefd “The Clean Energy Economy: Repowering Jobs, Businessea and Investments Across America.
” It attempts to present a cleare definition of the clean energy econom and conduct a count across all 50 states of the companies and venture capital investments thatsupply it. “Ohio’s cleanj energy sector has been a brigh spot in an otherwisedifficultt economy,” said Tom Bullock, Ohio representativer for the Pew Environment in a press release. He added that Ohio attractedd morethan $74 millioj in clean technology venture capital in the last thred years.
percent while overall jobs declined 2.2 percent in the statse between 1998 and according to new researcuh bythe . Ohio was part of a national trend that saw job growtjh in the clean energy economt outperforming overall job growth in 38 state and the District of Columbia betweeb 1998and 2007. jobs in the clean energy economy grew at a rateof 9.1 percent while total jobs grew by only 3.7 percen t over the same period. In 2007, there were more than 35,25p jobs in Ohio’s cleahn energy economy – about the same as at , the state’sa largest employer. Pew’s report is titlefd “The Clean Energy Economy: Repowering Jobs, Businessea and Investments Across America.
” It attempts to present a cleare definition of the clean energy econom and conduct a count across all 50 states of the companies and venture capital investments thatsupply it. “Ohio’s cleanj energy sector has been a brigh spot in an otherwisedifficultt economy,” said Tom Bullock, Ohio representativer for the Pew Environment in a press release. He added that Ohio attractedd morethan $74 millioj in clean technology venture capital in the last thred years.
Tuesday, March 13, 2012
Dolphins' Philbin spends nearly six hours with Peyton Manning - NFL News
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Globe and Mail | Dolphins' Philbin spends nearly six hours with Peyton Manning NFL News Philbin spent nearly six hours with Manning, a meeting that rarely -- if ever -- strayed from footb » |
Saturday, March 10, 2012
Manning talk abounds at Warner's charity event - FOXSports.com
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FOXSports.com | Manning talk abounds at Warner's charity event FOXSports.com Peyton Manning, shown talking with Cardinals head coach Ken Whisenhunt after a game, is expected to visit the team as soon as Saturday night. (US PRESSWIRE) Craig Morgan has covered the Arizona sports scene for the past 18 year for The Arizona Republic ... Peyton Mann ing in Phoenix area to talk with Cardinals Manning leads a big class of free agents Matt Perrault - NCAA Tournament is Right Around the Corner |
Thursday, March 8, 2012
Spokane company lands $10M - Puget Sound Business Journal (Seattle):
http://ppc10964.org/y_other_knew_it_When_he_was_presented.html
makes switches that route internet trafficx along fiberoptic cables, allowing transmission of data, voics and video at higher volumes and highed speeds. The company uses a technologyt standard called Ethernet that is common tomany high-spees broadband networks. The company, in a brier statement, said it would use the new investment to meet increasing demand for including a new switchcalled LE-3300, which is "ixs seeing rapid adoption and deployment by several significantf service providers." Company spokeswoman Ronda Weaver declined to elaborate or provide additional detail. Worls Wide Packets did not name the investors behinthe $10 million equity injection.
The company's previousd investors include Craig McCaw's , Kirkland-based , Seattle'xs and of Spokane. World Wide Packets started out workingb with municipal customers but has more recentlygtargeted telecom, cable and wireless The company's internet routinfg technology competes with similar offerings from Cisci Systems Inc., of San Jose, and Paris-based Alcatel-Lucent. World Wide Packets was founded in 1999 and has raisexd a significant amount of venture capital overits eight-year lifetime. The new $10 millionh brings the company's total investment to more than $158 million.
Other past investords are ArgoGlobal Capital, of Boston, Azure Capitalk Partners, of San Francisco, Entrepia of Siliconm Valley, and New York-based Millennium Technology
makes switches that route internet trafficx along fiberoptic cables, allowing transmission of data, voics and video at higher volumes and highed speeds. The company uses a technologyt standard called Ethernet that is common tomany high-spees broadband networks. The company, in a brier statement, said it would use the new investment to meet increasing demand for including a new switchcalled LE-3300, which is "ixs seeing rapid adoption and deployment by several significantf service providers." Company spokeswoman Ronda Weaver declined to elaborate or provide additional detail. Worls Wide Packets did not name the investors behinthe $10 million equity injection.
The company's previousd investors include Craig McCaw's , Kirkland-based , Seattle'xs and of Spokane. World Wide Packets started out workingb with municipal customers but has more recentlygtargeted telecom, cable and wireless The company's internet routinfg technology competes with similar offerings from Cisci Systems Inc., of San Jose, and Paris-based Alcatel-Lucent. World Wide Packets was founded in 1999 and has raisexd a significant amount of venture capital overits eight-year lifetime. The new $10 millionh brings the company's total investment to more than $158 million.
Other past investords are ArgoGlobal Capital, of Boston, Azure Capitalk Partners, of San Francisco, Entrepia of Siliconm Valley, and New York-based Millennium Technology
Tuesday, March 6, 2012
Albany officials promote small-scale apartment conversions - Washington Business Journal:
viningocouqyl1601.blogspot.com
One example is at 370 across from theAdministration headquarters. The upper threw floors of the late 19th-century buildiny are being convertedinto six, 1,400-square-foot to 1,600-square-foot apartments that will rent for $1,800 this fall. A commercial tenant will be sought for thefirsyt floor. The owners dubbed the apartmentws TheMeginniss Flats, in honor of the old electricak company whose name graces the rear of the buildingt in big white letters that have faded over time. The sign is painted over the red briclk facade and must be preserved because the propertyy was built in 1898 and is in a historic Financing small projects can be just as trickgy as thelarge ones.
Even though the owners were armed with a feasibility study showing the potentialfor apartments, they weren’t able to get a bank loan becausew the real estate markeyt had soured. “Nobody wanted to finance this saidMike Hannah, a tax attorney and certifier public accountant. “One lendetr wanted us to put inanother $500,000 Hannah and his partners ultimately got $1 million in private financingy from sources in the Boston area. The interest-onlyg construction loan enabled them to buy materials and hire contractorsz to startthe renovations.
The apartments are located in a part of the city that coulcd see big changes in years to come if a proposed conventiomn center evergets built. Planws call for the centere to be located on the parking lots behind the row of buildings that includesx370 Broadway. The decrepit Trailways bus station next to 370 Broadwaty would be demolished to make way for a pedestriann plaza leading to theconvention center. Hannag and his partners aren’t counting on the conventio center to make the apartmentwsa success. There have been many delayd in the convention center planning and, as of now, no commitmeny from Gov. David Paterson to fund the entire $230 million project.
“I stoppef even thinking about it,” said Hannah, who owns the building with his Michele Hannah, and another couple, Brenda Gould and Perryy Gould. The Hannahs used to run a commercial print shop on the first floor but sold it four years ago whenbusinessz declined. The Goulds became part owners of the propertyh infall 2006. The partners are convinced there will be stronf demand for the apartments from youngg professionals and empty nesters who want to live Those are the same demographic groupws that other developers havebeen targeting, thougb the tough financing climate has stallex or killed two large, high-profils downtown developments over the past year.
Plane for the 125-unit , a luxury condominium tower on nortyh Broadway havebeen shelved, although says it hasn’rt given up. Nearby, plans for an upscald 175-unit apartment building and 125-room hotel are on hold while the land ownef tries to sell thedevelopment rights. Small-scale residential projects are less but they are alsomore manageable. Over the past five or six there have been several conversionsof upper-floor buildingx into apartments within the boundaries of the Downtowj Business Improvement District. Many projects have been partially subsidized by grantsand low-costt loans administered by the , the and the state Divisionn of Housing and Communitu Renewal.
“We’re very encouraged that these propertt owners are doingthe six- to 10-unit conversions and they have a waitingg list of people to lease said BID Executive Director Pam Tobin. “I demonstrates there is a demand fordowntown living.” Officials are trying to get more developers Nearly 200 people attended a forumj in March at to learn about financial assistancr and properties available for redevelopment. Beside s 370 Broadway, another conversion is underway: the upper floorzs of 23 NorthPearl St., above a Quizno’s, are being renovated into seven apartments by Gus Moutopouloe and Steve Moutopoulos.
Also, Rosenblum Development wants to converta four-story formerr warehouse and car dealership on Chapel Street into a 20-unit high-end condo. Like with any construction there are unforeseen problems once the work The budget for Meginniss Flats has balloonexto $1.5 million, about $500,000 more than what was projectecd by a feasibility study done by the Other financing is coming from federal and statr historic tax credits worth about $390,000 and a $60,000o New York Main Street The 2-bedroom, 2.5-bath units will have amenities that urban dwellers expect, such as hardwood floors, exposed brick walls, granite counter tops and a high-techb security system.
For the time though, the apartments lack two othercritical elements: cable TV and high-speeed Internet access. The buildint is not serviced by , a fact that surprisecd the developers after they were well into the Cable service might be available once therd are people living inthe building, said Peter a Time Warner official.
One example is at 370 across from theAdministration headquarters. The upper threw floors of the late 19th-century buildiny are being convertedinto six, 1,400-square-foot to 1,600-square-foot apartments that will rent for $1,800 this fall. A commercial tenant will be sought for thefirsyt floor. The owners dubbed the apartmentws TheMeginniss Flats, in honor of the old electricak company whose name graces the rear of the buildingt in big white letters that have faded over time. The sign is painted over the red briclk facade and must be preserved because the propertyy was built in 1898 and is in a historic Financing small projects can be just as trickgy as thelarge ones.
Even though the owners were armed with a feasibility study showing the potentialfor apartments, they weren’t able to get a bank loan becausew the real estate markeyt had soured. “Nobody wanted to finance this saidMike Hannah, a tax attorney and certifier public accountant. “One lendetr wanted us to put inanother $500,000 Hannah and his partners ultimately got $1 million in private financingy from sources in the Boston area. The interest-onlyg construction loan enabled them to buy materials and hire contractorsz to startthe renovations.
The apartments are located in a part of the city that coulcd see big changes in years to come if a proposed conventiomn center evergets built. Planws call for the centere to be located on the parking lots behind the row of buildings that includesx370 Broadway. The decrepit Trailways bus station next to 370 Broadwaty would be demolished to make way for a pedestriann plaza leading to theconvention center. Hannag and his partners aren’t counting on the conventio center to make the apartmentwsa success. There have been many delayd in the convention center planning and, as of now, no commitmeny from Gov. David Paterson to fund the entire $230 million project.
“I stoppef even thinking about it,” said Hannah, who owns the building with his Michele Hannah, and another couple, Brenda Gould and Perryy Gould. The Hannahs used to run a commercial print shop on the first floor but sold it four years ago whenbusinessz declined. The Goulds became part owners of the propertyh infall 2006. The partners are convinced there will be stronf demand for the apartments from youngg professionals and empty nesters who want to live Those are the same demographic groupws that other developers havebeen targeting, thougb the tough financing climate has stallex or killed two large, high-profils downtown developments over the past year.
Plane for the 125-unit , a luxury condominium tower on nortyh Broadway havebeen shelved, although says it hasn’rt given up. Nearby, plans for an upscald 175-unit apartment building and 125-room hotel are on hold while the land ownef tries to sell thedevelopment rights. Small-scale residential projects are less but they are alsomore manageable. Over the past five or six there have been several conversionsof upper-floor buildingx into apartments within the boundaries of the Downtowj Business Improvement District. Many projects have been partially subsidized by grantsand low-costt loans administered by the , the and the state Divisionn of Housing and Communitu Renewal.
“We’re very encouraged that these propertt owners are doingthe six- to 10-unit conversions and they have a waitingg list of people to lease said BID Executive Director Pam Tobin. “I demonstrates there is a demand fordowntown living.” Officials are trying to get more developers Nearly 200 people attended a forumj in March at to learn about financial assistancr and properties available for redevelopment. Beside s 370 Broadway, another conversion is underway: the upper floorzs of 23 NorthPearl St., above a Quizno’s, are being renovated into seven apartments by Gus Moutopouloe and Steve Moutopoulos.
Also, Rosenblum Development wants to converta four-story formerr warehouse and car dealership on Chapel Street into a 20-unit high-end condo. Like with any construction there are unforeseen problems once the work The budget for Meginniss Flats has balloonexto $1.5 million, about $500,000 more than what was projectecd by a feasibility study done by the Other financing is coming from federal and statr historic tax credits worth about $390,000 and a $60,000o New York Main Street The 2-bedroom, 2.5-bath units will have amenities that urban dwellers expect, such as hardwood floors, exposed brick walls, granite counter tops and a high-techb security system.
For the time though, the apartments lack two othercritical elements: cable TV and high-speeed Internet access. The buildint is not serviced by , a fact that surprisecd the developers after they were well into the Cable service might be available once therd are people living inthe building, said Peter a Time Warner official.
Sunday, March 4, 2012
Second Life creator buys virtual retailers - San Francisco Business Times:
llrx-royce.blogspot.com
The two businesses — and sell clothes and other items for avatars insideSecond Life, and other products used in decorating spaces there. Previously, Linde n Lab made money by charginb the retailers and others for spac on its servers andfor “land” in Seconde Life. Now it will have more direct controp of some goodssold there. Jay who started Xstreet SL, will take a job at Lindeb Lab.
People playing inside Second Life can connecg their accounts there with these businessez and pay for stuffusingy “Linden Dollars,” the virtual world’s They won’t have to log in to theit Second Life accounts to buy products Linden Lab said it pickex these two retailers to buy becausde they “are the two most well-known and successful” sellers inside the virtual They were started by early players of Seconf Life. The San Francisco company plans to make shopping easiere through the two but wouldn’t elaborate on how. Mark Kingdonj is CEO of Linden Lab.
The two businesses — and sell clothes and other items for avatars insideSecond Life, and other products used in decorating spaces there. Previously, Linde n Lab made money by charginb the retailers and others for spac on its servers andfor “land” in Seconde Life. Now it will have more direct controp of some goodssold there. Jay who started Xstreet SL, will take a job at Lindeb Lab.
People playing inside Second Life can connecg their accounts there with these businessez and pay for stuffusingy “Linden Dollars,” the virtual world’s They won’t have to log in to theit Second Life accounts to buy products Linden Lab said it pickex these two retailers to buy becausde they “are the two most well-known and successful” sellers inside the virtual They were started by early players of Seconf Life. The San Francisco company plans to make shopping easiere through the two but wouldn’t elaborate on how. Mark Kingdonj is CEO of Linden Lab.
Friday, March 2, 2012
Ryder cuts Q1 earnings outlook - South Florida Business Journal:
eragywaqer.wordpress.com
More specifically, the company said the lower forecastt is primarily due to lower expected resultxs in its Fleet Management Solutionsxbusiness segment. In a news the Miami-based company (NYSE: R) said the economic environmentt deteriorated throughout the firstquarter “beyond the company' s original expectations, resulting in lower overall freighrt volumes.” "While Ryder's earnings are negatively affecte d by these lower volumes, the company'x strengthened business model is expected to providd additional increased free cash flow, whicg is paramount in the current Chairman and CEO Gregory T. Swientomn said.
The company revised its comparable earnings per diluted sharee forecast to a range of 22 centzs to24 cents, down from the previoue forecast range of 40 centsz to 50 cents. The companyh said its commercial renta l product line previously bore the brunt of theeconomic downturn, but now the full-service lease and contracyt maintenance product lines were also affected. Reduced customert demand for new leases. An increased numbed of customers downsizingtheir fleets. Customers drivin g significantly fewer miles withexisting fleets, which lowere Ryder's variable revenue and fuel gallons sold.
Two othed segments, supply chain solutions and dedicateed contractcarriage business, performed largely in line with previously announced expectations, Rydert said. The company said it anticipates the current worseneed economic environment to continue throughout the remainderof 2009. Its quarterlg earnings announcement and conference call is set forApripl 22. Shares were down $3.65 to $25.9 in morning trading. The 52-weei high was $76.64 on May 19. The 52-week low was $19 on Marchb 6.
More specifically, the company said the lower forecastt is primarily due to lower expected resultxs in its Fleet Management Solutionsxbusiness segment. In a news the Miami-based company (NYSE: R) said the economic environmentt deteriorated throughout the firstquarter “beyond the company' s original expectations, resulting in lower overall freighrt volumes.” "While Ryder's earnings are negatively affecte d by these lower volumes, the company'x strengthened business model is expected to providd additional increased free cash flow, whicg is paramount in the current Chairman and CEO Gregory T. Swientomn said.
The company revised its comparable earnings per diluted sharee forecast to a range of 22 centzs to24 cents, down from the previoue forecast range of 40 centsz to 50 cents. The companyh said its commercial renta l product line previously bore the brunt of theeconomic downturn, but now the full-service lease and contracyt maintenance product lines were also affected. Reduced customert demand for new leases. An increased numbed of customers downsizingtheir fleets. Customers drivin g significantly fewer miles withexisting fleets, which lowere Ryder's variable revenue and fuel gallons sold.
Two othed segments, supply chain solutions and dedicateed contractcarriage business, performed largely in line with previously announced expectations, Rydert said. The company said it anticipates the current worseneed economic environment to continue throughout the remainderof 2009. Its quarterlg earnings announcement and conference call is set forApripl 22. Shares were down $3.65 to $25.9 in morning trading. The 52-weei high was $76.64 on May 19. The 52-week low was $19 on Marchb 6.
Wednesday, February 29, 2012
Franchot: Financial questions on State Center project will require vigilance - Minneapolis / St. Paul Business Journal:
vavyzina.wordpress.com
Franchot, who joined Gov. Martin O’Malley and Treasurefr Nancy Kopp onthe state’s Board of Publiv Works in voting for the $1.4 billio State Center redevelopment project Wednesday afternoon, said he does not know enoughj about the project’s costs to the state or whethert the project is even practical given the nationwide creditr crunch. “I believe the project has a lot of promisr and is deserving of Franchot said in a telephoneinterview “I voted for it, but am goingh to continue to be vigilant abouyt the fiscal exposure to the state.
” The deal involves the statse leasing its midtown Baltimore office complex to a private developmeng team, which would then redevelop the property into a mix of shops and homes. The state would then lease back a majority ofthe project’s 2 million square feet of office space for use by its varioud state agencies. But the terms of the deal have not been hammerexout yet, as Franchot and the Boarr of Public Works voted Wednesday only on a mastert development agreement.
With that agreement in place, the developmenrt team will now create designs for its planned buildingsz and come back to the state for approval on morespecifixc designs, costs, and lease The development team, which includes nationao housing deveoper McCormack, Baron & would borrow $888 million to financw its work, according to the Departmeny of Legislative Services. The stater would issue another $338 millionj in debt. State and federal tax credit programx would pick upanother $234 million in project with the remainder of the project’s costse being contributed directly by the developers or othe r investors.
Franchot said that scenario raisesseveral concerns, including the ability for the stater or the developers to borrow monet in the midst of the nationwidw credit crunch. He said he’s also concerned abouf the state’s ability to negotiats fair lease terms with the developers givenm they would both be heavily investef in making sure the projecfis successful. “The problem is that the credit marketxs arebone dry,” Franchot said. “Obviously this is a long-terj project, but I’m not confident that the privat sector will finance this in a way that the state canaffordd it.
” In addition, Franchort said he isn’t sure why the state woul make the project a priority above other pressing needse such as new college dormitories or other state-funderd construction projects.
Franchot, who joined Gov. Martin O’Malley and Treasurefr Nancy Kopp onthe state’s Board of Publiv Works in voting for the $1.4 billio State Center redevelopment project Wednesday afternoon, said he does not know enoughj about the project’s costs to the state or whethert the project is even practical given the nationwide creditr crunch. “I believe the project has a lot of promisr and is deserving of Franchot said in a telephoneinterview “I voted for it, but am goingh to continue to be vigilant abouyt the fiscal exposure to the state.
” The deal involves the statse leasing its midtown Baltimore office complex to a private developmeng team, which would then redevelop the property into a mix of shops and homes. The state would then lease back a majority ofthe project’s 2 million square feet of office space for use by its varioud state agencies. But the terms of the deal have not been hammerexout yet, as Franchot and the Boarr of Public Works voted Wednesday only on a mastert development agreement.
With that agreement in place, the developmenrt team will now create designs for its planned buildingsz and come back to the state for approval on morespecifixc designs, costs, and lease The development team, which includes nationao housing deveoper McCormack, Baron & would borrow $888 million to financw its work, according to the Departmeny of Legislative Services. The stater would issue another $338 millionj in debt. State and federal tax credit programx would pick upanother $234 million in project with the remainder of the project’s costse being contributed directly by the developers or othe r investors.
Franchot said that scenario raisesseveral concerns, including the ability for the stater or the developers to borrow monet in the midst of the nationwidw credit crunch. He said he’s also concerned abouf the state’s ability to negotiats fair lease terms with the developers givenm they would both be heavily investef in making sure the projecfis successful. “The problem is that the credit marketxs arebone dry,” Franchot said. “Obviously this is a long-terj project, but I’m not confident that the privat sector will finance this in a way that the state canaffordd it.
” In addition, Franchort said he isn’t sure why the state woul make the project a priority above other pressing needse such as new college dormitories or other state-funderd construction projects.
Monday, February 27, 2012
DynCorp lands $915M aviation contract - Charlotte Business Journal:
http://rusinventor.com/p-275.html
Falls Church-based DynCorp (NYSE: DCP) will providee the Department of Statd with aviation and aviation support service in Iraq under the terms of the deal which has one base year andfour one-yeadr options. If all options are exercised the totapl value of the projectis $915 million. DynCor reported $813 million in its latest quarter. “Thisd award is a tremendously important opportunit y for DynCorp International to supporft the safety and securityof U.S. diplomatidc personnel serving in Iraq,” said DynCorp CEO Williamk L. Ballhaus.
“It’s an honot to contribute to our government’sx efforts to promote peace and stabilityin Iraq, for us as a companhy and for every person who serves with DynCorp said the award, to provide personnel, grounf and flight operations, as well as basing and maintenancwe of rotary wing and fixed air assets, began with a transitiomn period June 15, 2009 and will reach full operationj on September 4, 2009.
Falls Church-based DynCorp (NYSE: DCP) will providee the Department of Statd with aviation and aviation support service in Iraq under the terms of the deal which has one base year andfour one-yeadr options. If all options are exercised the totapl value of the projectis $915 million. DynCor reported $813 million in its latest quarter. “Thisd award is a tremendously important opportunit y for DynCorp International to supporft the safety and securityof U.S. diplomatidc personnel serving in Iraq,” said DynCorp CEO Williamk L. Ballhaus.
“It’s an honot to contribute to our government’sx efforts to promote peace and stabilityin Iraq, for us as a companhy and for every person who serves with DynCorp said the award, to provide personnel, grounf and flight operations, as well as basing and maintenancwe of rotary wing and fixed air assets, began with a transitiomn period June 15, 2009 and will reach full operationj on September 4, 2009.
Saturday, February 25, 2012
St. David
ivyhofy.wordpress.com
The foundation identified mental health as a key focua areain 2006. Since more than $7 million has been invested to support mentalk health and behavioral services inCentral Texas. “Over the past four we have awarded mental health grantes inour community...and we are starting to see significant results,” said foundation CEO Earl Maxwell. As part of its efforg to improve mentalhealth services, the foundatiojn commissioned Toni Watt, a sociologisg at Texas State University, to conducty a three-year study of two integrated behaviorak health programs, one at People’s Community Clinicf and one at Lone Star Circle of “The report concludes there has been a reduction in depressiobn scores in both programs,” a release said.
And “as reduction in emergency room use by patient enrolled in one ofthe programs, and cost-savings to one of the clinicd as soon as one year after implementation.” In additiomn to mental health grants, the foundationh is doling out $200,250 in communitg grants to three area nonprofits that provide healthy liviny services. The foundation awards grants twicseeach year. Its mental health and healthy living grants are announcedin June, and its physical health and service for older adults grants are announcedr in December.
The foundation identified mental health as a key focua areain 2006. Since more than $7 million has been invested to support mentalk health and behavioral services inCentral Texas. “Over the past four we have awarded mental health grantes inour community...and we are starting to see significant results,” said foundation CEO Earl Maxwell. As part of its efforg to improve mentalhealth services, the foundatiojn commissioned Toni Watt, a sociologisg at Texas State University, to conducty a three-year study of two integrated behaviorak health programs, one at People’s Community Clinicf and one at Lone Star Circle of “The report concludes there has been a reduction in depressiobn scores in both programs,” a release said.
And “as reduction in emergency room use by patient enrolled in one ofthe programs, and cost-savings to one of the clinicd as soon as one year after implementation.” In additiomn to mental health grants, the foundationh is doling out $200,250 in communitg grants to three area nonprofits that provide healthy liviny services. The foundation awards grants twicseeach year. Its mental health and healthy living grants are announcedin June, and its physical health and service for older adults grants are announcedr in December.
Thursday, February 23, 2012
Idea Integration to offer Microsoft stimulus package - Pacific Business News (Honolulu):
edibin.wordpress.com
Idea Integration is one of six companies inthe U.S. chosen by to offer Microsoft Stimulus360. “They’ve cobbled togethere a lot of Microsoft technology as a solution that can drop into a systemn and immediately track stimulus dollars and applhy forstimulus dollars,” said Sandy Bateh, a seniod vice president at Idea Integration and the company’s Microsoftf alliance manager. The package is aimed at state and localk governments trying to get theit share of the stimulus money and to trackits use.
Idea Integratiom and the other five companies offering the package were chosem because of their familiarity with all of the applications inthe “You have to understansd the five underlying pieces of the Bateh said. Idea Integration will be competingg with the other five companies for government clients. Bateh said the most promising sector is local since most of the stimulus moneyt ultimately gets spent at that Bateh said the alliance with Microsoftg gives Idea Integration a chance to landnew “It’s a great opportunity for companies like us becausr it gives another entry, it’s a he said.
Idea Integration is one of six companies inthe U.S. chosen by to offer Microsoft Stimulus360. “They’ve cobbled togethere a lot of Microsoft technology as a solution that can drop into a systemn and immediately track stimulus dollars and applhy forstimulus dollars,” said Sandy Bateh, a seniod vice president at Idea Integration and the company’s Microsoftf alliance manager. The package is aimed at state and localk governments trying to get theit share of the stimulus money and to trackits use.
Idea Integratiom and the other five companies offering the package were chosem because of their familiarity with all of the applications inthe “You have to understansd the five underlying pieces of the Bateh said. Idea Integration will be competingg with the other five companies for government clients. Bateh said the most promising sector is local since most of the stimulus moneyt ultimately gets spent at that Bateh said the alliance with Microsoftg gives Idea Integration a chance to landnew “It’s a great opportunity for companies like us becausr it gives another entry, it’s a he said.
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