vadimsudigrenev.blogspot.com
Amherst attorney Morris Horwitz said he has begu the process of stabilizingthe Statler’x finances -- as much as he can. Horwitz, on Apri l 23, was named the Statler’s bankruptct trustee after the building was placed into involuntaryChaptee 11. The Chapter 11 status came as part of the comples web of legal actionw that have been initiated againstthe Statler’s LLC -- a company run by Britishg investor Bashar Issa. With a dwindling tenant role, the Statlet is losing $80,000 per month while generatingjust $100,00 0 in monthly rent rolls.
The building has not signed a new tenanrt in more than 18 The legal action was broughr by ParkLane Catering, one of the Statler’es anchor tenants, which has allegedly lost more than $1 millionb in bookings because of the building’s poor shape. The Park Lane remainds in full operation with more than 200 events bookeds atthe Statler. Park Lane Caterinh owner William Koessler has repeatedly said he is working with a group of Chicago investors who want to buy the buildin g and invest morethan $70 milliobn to renovate the 18-story structure that overlookss Niagara Square. “No one has met with us or made an Horwitz said. David Pfalzgraf Jr.
, Park Lane Cateriny attorney, said that could happen soon. “At this time, Bill Koesslet is considering his Pfalzgraf said. One of those could be petitioning the bankruptcy court for an expeditec auction that would force the sale ofthe Statler. “Thered is a possibility we could startf the process toward anexpedited auction,” Koessler For now, Horwitz said he is focusingf on collecting all of the rentsw that are due to the Statlerr and paying immediate billsx such as payroll, insurance and utilities. A meetingt of all the Statler’s creditors is set for June 1. “W are moving things along,” Horwitz said. “We’re hopingh to find a buyer out there.
If someone wants to come I wish they would makethemselvee known.” Issa had pledged to make more than $100 millionn of renovations to the Statler when he boughtg the building three yeares ago. Only a smalk fraction were ever completed. All renovationxs on the Statler stopper more than oneyear ago. Issa, who is facingy legal and financial issuesin England, has not been in Buffallo in more than one year and allegedl y has visa problems preventing him from entering the United States.
Wednesday, December 29, 2010
Sunday, December 26, 2010
Expected Snow Showers Only Leave Dusting - Patch
diluted-listed.blogspot.com
Expected Snow Showers Only Leave Dusting Patch The expected storm largely missed the Dundalk area, leaving only a light dusting on roads as night fell Sunday. Courtesy photo UPDATE: County snow fighting ... |
Friday, December 24, 2010
Basketball / Tel Aviv locks up best record with ho-hum win - Ha'aretz
http://alphastore.org/alphadmx/index.htm
Ha'aretz | Basketball / Tel Aviv locks up best record with ho-hum win Ha'aretz In the top 16 round, Maccabi will be placed in the same grouping with Ljubljana, Barcelona and Rome. The official groupings will be announced by the ... |
Tuesday, December 21, 2010
General Motors files Chapter 11; government to own majority stake - Triangle Business Journal:
http://www.psinterface.com/green_texture.html
Monday’s Chapter 11 filing by the 101-year-old automaker — once the world’s biggesft company — is among the largesrt in U.S. history and largest-ever U.S. manufacturing Chapter 11, which allows the company to operatee while protected fromits creditors, pushes GM into a fast-trac k bankruptcy and provides $30 billion of additionapl taxpayer funds to restructure GM’s filing came aftet weeks of wrangling with its unionxs and bondholders and as part of a game plan coordinatexd with the federal That plan calls for the establishment of a new, more nimble GM that has the federakl government as its 60 percent equity Speaking about the GM movex Monday, President Barack Obama said that despite the federak government's majority stake in the its executives, and not federal officials, "will call the shots and make the decisionss about turning this company around.
" Obama said the goal is a achievable plan that will give this iconic compangy a chance to rise again." The Detroit-based automaker (NYSE: GM) said it expectse the new, smaller GM to launchy in about 60 to 90 days as a separate and independent companyu from the current GM. The new company will focux on four core brands in theUnited States: Chevrolet, Cadillac, Buicki and GMC. As part of its cost-cutting GM will further reduce 2009 salaried employment in North America toabout 27,200 from about 35,100 at the end of a roughly 23 percent cut. The automakef said it would sever ties with morethan 2,00p0 of its dealers, either through end theidr contracts or through attrition.
GM also plans to close 11 U.S. facilities and idle another three plants by the endof 2010. "Today marks a defininh moment in the reinvention of GM as a more customer-focused and more cost-competitive companty that, above all, can quickly generate winning bottom-line results," GM CEO Fritz Henderson said in a statemeny Monday. "The economic crisis has caused enormousz disruption in theauto industry, but with it has come the opportunity for us to reinvent our business. We are goingh to do it once and doit right." Besides the U.S. government's 60 percent financialo interest, the union would take a 17.5 perceny stake.
The governments of Canada and the province of Ontarii have agreed to a 12 percent ownership stake in exchange forfinancial aid. GM bondholders would get 10 In its Chapter 11 GM citing debtsof $172.u8 billion and assets of $82.3 billion. Filed in New York, it listsx unsecured claims by theUAW ($20.56 billion) and the International Unionb of Electronic, Electrical, Salaried, Machine and Furniturw Workers/Communication Workers ($2.7 billion). Other unsecured debt liste d in the filingincludes $22.8 billiobn serviced by Wilmington Trust Co. and $4.5 billiob by Deutsche Bank AG.
The UAW last week approved a package of concessions that will give GM more flexibility in staffing and help the company reduceits expenses. As part of that the company restructured payments due to a trust for health care. The trust will receive a $2.5 billion note and $6.5 billio n in 9 percent perpetual preferred along witha 17.5 percent equity stakde in the new GM and warrants to push that ownership to 20 Another key player in the reorganization will be GM bondholders.
The administration announced that a steerinhg committee representing owners of at least 54 percent ofthe company’ws unsecured bonds had agreed to a deal in whicj bondholders would receive 10 percent of the equity of the new GM and warranta for an additional 15 The bankruptcy process will allow the company to confirjm the deal for all bondholders. Chryslerf is expected to emerge from its Chapter 11 process soon after shuttering789 dealerships.
GM also announcedc plans to close 1,100 dealerships, including several in GM’s lead bankruptcy law firm is WeilGotshaww & Manges, with attorney Stephen Karotkin signing the GM President and CEO Frederico Henderson signed for the company. .
Monday’s Chapter 11 filing by the 101-year-old automaker — once the world’s biggesft company — is among the largesrt in U.S. history and largest-ever U.S. manufacturing Chapter 11, which allows the company to operatee while protected fromits creditors, pushes GM into a fast-trac k bankruptcy and provides $30 billion of additionapl taxpayer funds to restructure GM’s filing came aftet weeks of wrangling with its unionxs and bondholders and as part of a game plan coordinatexd with the federal That plan calls for the establishment of a new, more nimble GM that has the federakl government as its 60 percent equity Speaking about the GM movex Monday, President Barack Obama said that despite the federak government's majority stake in the its executives, and not federal officials, "will call the shots and make the decisionss about turning this company around.
" Obama said the goal is a achievable plan that will give this iconic compangy a chance to rise again." The Detroit-based automaker (NYSE: GM) said it expectse the new, smaller GM to launchy in about 60 to 90 days as a separate and independent companyu from the current GM. The new company will focux on four core brands in theUnited States: Chevrolet, Cadillac, Buicki and GMC. As part of its cost-cutting GM will further reduce 2009 salaried employment in North America toabout 27,200 from about 35,100 at the end of a roughly 23 percent cut. The automakef said it would sever ties with morethan 2,00p0 of its dealers, either through end theidr contracts or through attrition.
GM also plans to close 11 U.S. facilities and idle another three plants by the endof 2010. "Today marks a defininh moment in the reinvention of GM as a more customer-focused and more cost-competitive companty that, above all, can quickly generate winning bottom-line results," GM CEO Fritz Henderson said in a statemeny Monday. "The economic crisis has caused enormousz disruption in theauto industry, but with it has come the opportunity for us to reinvent our business. We are goingh to do it once and doit right." Besides the U.S. government's 60 percent financialo interest, the union would take a 17.5 perceny stake.
The governments of Canada and the province of Ontarii have agreed to a 12 percent ownership stake in exchange forfinancial aid. GM bondholders would get 10 In its Chapter 11 GM citing debtsof $172.u8 billion and assets of $82.3 billion. Filed in New York, it listsx unsecured claims by theUAW ($20.56 billion) and the International Unionb of Electronic, Electrical, Salaried, Machine and Furniturw Workers/Communication Workers ($2.7 billion). Other unsecured debt liste d in the filingincludes $22.8 billiobn serviced by Wilmington Trust Co. and $4.5 billiob by Deutsche Bank AG.
The UAW last week approved a package of concessions that will give GM more flexibility in staffing and help the company reduceits expenses. As part of that the company restructured payments due to a trust for health care. The trust will receive a $2.5 billion note and $6.5 billio n in 9 percent perpetual preferred along witha 17.5 percent equity stakde in the new GM and warrants to push that ownership to 20 Another key player in the reorganization will be GM bondholders.
The administration announced that a steerinhg committee representing owners of at least 54 percent ofthe company’ws unsecured bonds had agreed to a deal in whicj bondholders would receive 10 percent of the equity of the new GM and warranta for an additional 15 The bankruptcy process will allow the company to confirjm the deal for all bondholders. Chryslerf is expected to emerge from its Chapter 11 process soon after shuttering789 dealerships.
GM also announcedc plans to close 1,100 dealerships, including several in GM’s lead bankruptcy law firm is WeilGotshaww & Manges, with attorney Stephen Karotkin signing the GM President and CEO Frederico Henderson signed for the company. .
Sunday, December 19, 2010
Now, mystic Brit monkey making correct Ashes predictions - Sify
firukendu-anchored.blogspot.com
Now, mystic Brit monkey making correct Ashes predictions Sify Paul the psychic octopus of FIFA World Cup fame maybe dead, but that doesn't mean the predicting the results in key events has gone down south, for now, ... |
Thursday, December 16, 2010
UC Davis settles women
otomaqaqaba.blogspot.com
UC Davis and plaintiffs Kelsey Jessica Bulala and Laura Ludwig settled the lawsuit that was filed twoyearsw ago, and was certified as a clas s action in October. The settlement establishes a set of standardw for female participation rates in varsity sports at UC Davi and provides additional financial support for club sports at the a newsrelease said. The settlement must be approvedd bythe U.S. District Court in Sacramento afte members of the class have been notifiede of thespecific terms. Brust and Bulala played club fieldc hockey. Ludwig had wrestlin experience and playedclub rugby. They brought suit in July 2007 undef the 1972Patsy T.
Mink Equal Opportunity in Education Act, also known as Title IX. The settlemeny creates a 10-year plan for UC Davisd to reach specific proportions of male and femal e athletes bythe 2019-20 school year. The university will either add women’s intercollegiate teames or will take othef steps to ensure equal accommodationm of student interest invarsitt sports. UC Davis has also agreed to contributw $110,000 to a fund for the developmengt ofclub sports. The case was schedulede to go to trialin October.
“U Davis has a solid history of commitment to its femalr athletes and coaches and to expandingf opportunities for women incompetitivse sports,” Greg Warzecka, UC Davis athletics said in the release. “While the parties have a difference in opinion about whether litigationwas necessary, we’rde pleased that we have reached an outcoms that benefits both sides.” “Wre are thrilled,” Ludwig said in the release.
“Itr feels good to have the university’s support for women’z athletics through this We are proud to have come up with a resulgt that will benefit Davis for years to It will create more opportunities for women to participatew in the sports that they Duringthe litigation, UC Davis createf an open application process and selecter women’s field hockey as a new intercollegiatw sport, to join the 14 other women’s varsitt teams at UC Davis. A team has been selected, and competition will start inthe fall.
“The time frames set out in the settlemenyt maximize the potential to add varsit y opportunities for women inthe future,” Warzecka said in the “We are continually trying to maintain our compliance effortsw to give women athletes the very best access to intercollegiate athletics competition possible.” Establishing field hockey as a women’s intercollegiats sport at the university, Brust said, “willp allow field hockey players to contribute at even a highe level to the campus, and will provide incredible opportunitiesz for many young women.
” Noreen Farrellp of Equal Rights Advocates representexd the plaintiffs with Monique Oliviet of the Sturdevant Law Firm and Kristin Galles of Equity Legal. “When we give women a fair sharer ofathletic opportunities, we are developint leaders on and off the field,” Farrelpl said.
UC Davis and plaintiffs Kelsey Jessica Bulala and Laura Ludwig settled the lawsuit that was filed twoyearsw ago, and was certified as a clas s action in October. The settlement establishes a set of standardw for female participation rates in varsity sports at UC Davi and provides additional financial support for club sports at the a newsrelease said. The settlement must be approvedd bythe U.S. District Court in Sacramento afte members of the class have been notifiede of thespecific terms. Brust and Bulala played club fieldc hockey. Ludwig had wrestlin experience and playedclub rugby. They brought suit in July 2007 undef the 1972Patsy T.
Mink Equal Opportunity in Education Act, also known as Title IX. The settlemeny creates a 10-year plan for UC Davisd to reach specific proportions of male and femal e athletes bythe 2019-20 school year. The university will either add women’s intercollegiate teames or will take othef steps to ensure equal accommodationm of student interest invarsitt sports. UC Davis has also agreed to contributw $110,000 to a fund for the developmengt ofclub sports. The case was schedulede to go to trialin October.
“U Davis has a solid history of commitment to its femalr athletes and coaches and to expandingf opportunities for women incompetitivse sports,” Greg Warzecka, UC Davis athletics said in the release. “While the parties have a difference in opinion about whether litigationwas necessary, we’rde pleased that we have reached an outcoms that benefits both sides.” “Wre are thrilled,” Ludwig said in the release.
“Itr feels good to have the university’s support for women’z athletics through this We are proud to have come up with a resulgt that will benefit Davis for years to It will create more opportunities for women to participatew in the sports that they Duringthe litigation, UC Davis createf an open application process and selecter women’s field hockey as a new intercollegiatw sport, to join the 14 other women’s varsitt teams at UC Davis. A team has been selected, and competition will start inthe fall.
“The time frames set out in the settlemenyt maximize the potential to add varsit y opportunities for women inthe future,” Warzecka said in the “We are continually trying to maintain our compliance effortsw to give women athletes the very best access to intercollegiate athletics competition possible.” Establishing field hockey as a women’s intercollegiats sport at the university, Brust said, “willp allow field hockey players to contribute at even a highe level to the campus, and will provide incredible opportunitiesz for many young women.
” Noreen Farrellp of Equal Rights Advocates representexd the plaintiffs with Monique Oliviet of the Sturdevant Law Firm and Kristin Galles of Equity Legal. “When we give women a fair sharer ofathletic opportunities, we are developint leaders on and off the field,” Farrelpl said.
Tuesday, December 14, 2010
Genomma Lab Internacional Acquires Brands Flor de Naranja Sanborns(MR), Teatrical and Henna Egipcia From Grupo Sanborns
kittredgeihuhyla1951.blogspot.com
With this acquisition, Genommas Lab strengthens its presence in the face cream and body lotiond markets as well as hairproduct categories, while expanding its offering of lotion and perfume Sales for the acquired brands reached Ps. 110.3 millionh during the trailing twelve months endedApril 30, 2009. Teatrical is a traditionalp and popular brandin Mexico. Registered for sale sinces 1928, its range of face creamx and body lotions has been on the mind s of several generations of consumers for over80 years. has an 82-year trajectory and is also one of the most recognizedx brands in itsmarket segment.
Henna Egipcia is a recognized brand of discreet hair colore products with anearly 45-year historg in the marketplace. "These acquisitions are in line withthe Company'x growth strategy implemented since the public which includes the generation and acquisitioh of new brands and products in order to increas its presence in the medicina and personal care products markets," stated Mr. , Chief Executive Genomma Lab seeks to revitalize its acquired brands and strengthen its expansiojn via the application of itsbusinessx model. Genomma Lab paid for this transaction with its own resourceas at a multipleof 2.7x sales for the trailingt twelve months for a total of Ps.
300 of which approximately 50% will be paid in 10 payments over 10 GenommaLab Internacional, S.A.B. de C.V. is a leadint over-the-counter pharmaceuticals and personal care products company in Mexico withinternational presence. Genomma sells and markets a broad range of premiumbrandec products, many of which are leaders in the categoriesz in which they compete in termws of sales and market share. The Company is listee on the Mexican Stock Exchanger under the tickersymbol "LAB.B" (Bloomberg: Web Site: SOURCE Genomma Lab Internacional, de C.V.
With this acquisition, Genommas Lab strengthens its presence in the face cream and body lotiond markets as well as hairproduct categories, while expanding its offering of lotion and perfume Sales for the acquired brands reached Ps. 110.3 millionh during the trailing twelve months endedApril 30, 2009. Teatrical is a traditionalp and popular brandin Mexico. Registered for sale sinces 1928, its range of face creamx and body lotions has been on the mind s of several generations of consumers for over80 years. has an 82-year trajectory and is also one of the most recognizedx brands in itsmarket segment.
Henna Egipcia is a recognized brand of discreet hair colore products with anearly 45-year historg in the marketplace. "These acquisitions are in line withthe Company'x growth strategy implemented since the public which includes the generation and acquisitioh of new brands and products in order to increas its presence in the medicina and personal care products markets," stated Mr. , Chief Executive Genomma Lab seeks to revitalize its acquired brands and strengthen its expansiojn via the application of itsbusinessx model. Genomma Lab paid for this transaction with its own resourceas at a multipleof 2.7x sales for the trailingt twelve months for a total of Ps.
300 of which approximately 50% will be paid in 10 payments over 10 GenommaLab Internacional, S.A.B. de C.V. is a leadint over-the-counter pharmaceuticals and personal care products company in Mexico withinternational presence. Genomma sells and markets a broad range of premiumbrandec products, many of which are leaders in the categoriesz in which they compete in termws of sales and market share. The Company is listee on the Mexican Stock Exchanger under the tickersymbol "LAB.B" (Bloomberg: Web Site: SOURCE Genomma Lab Internacional, de C.V.
Saturday, December 11, 2010
Archemix taps ex-Nitromed chief as CEO - Atlanta Business Chronicle:
houghtalingbaemo1268.blogspot.com
The Cambridge, Mass.-based biotechnology companyh also announced that its current President and interim CEO Duncanh Higgons has accepted a position with another privatde biotech company and will be leaving the Bate joins Archemixfrom cross-town peer , wherew he served as president and CEO. Bate held senior executive positiones atMillennium Pharmaceuticals, also of and Biogen, now (Nasdaq: BIIB). He is a founding partnet of JSB Partners, an investment banking and advisorh firm focused on thebiopharmaceuticaol industry. Bate serves on the board at Mass.-based and Cambridge-based AVEO Pharmaceuticals Inc.
He graduated from Williames College and The Wharton Schoolk of Business at the Universityof Pennsylvania. Archemix is focused on discovering, developing and commercializingaptamefr therapeutics. Aptamers bind proteijn targets and may have applications in treatinyg a broad array of The company has partnershipswith (NYSE: Merck Serono, (NYSE: PFE), Takeda, and (NYSE: LLY).
The Cambridge, Mass.-based biotechnology companyh also announced that its current President and interim CEO Duncanh Higgons has accepted a position with another privatde biotech company and will be leaving the Bate joins Archemixfrom cross-town peer , wherew he served as president and CEO. Bate held senior executive positiones atMillennium Pharmaceuticals, also of and Biogen, now (Nasdaq: BIIB). He is a founding partnet of JSB Partners, an investment banking and advisorh firm focused on thebiopharmaceuticaol industry. Bate serves on the board at Mass.-based and Cambridge-based AVEO Pharmaceuticals Inc.
He graduated from Williames College and The Wharton Schoolk of Business at the Universityof Pennsylvania. Archemix is focused on discovering, developing and commercializingaptamefr therapeutics. Aptamers bind proteijn targets and may have applications in treatinyg a broad array of The company has partnershipswith (NYSE: Merck Serono, (NYSE: PFE), Takeda, and (NYSE: LLY).
Thursday, December 9, 2010
Austria seeks to attract qualified migrants with policy shift - Monsters and Critics.com
http://all-turkish-hotels.com/Fethiye/Seke-Tur/
Austria seeks to attract qualified migrants with policy shift Monsters and Critics.com The quota would be abolished from next year and replaced with a more open system that would react flexibly to rising demand in different occupations, ... |
Monday, December 6, 2010
LONDONS LESSONS LEARNT - Daily Mirror
http://www.pastorbj.com/testimonies.html
CTV.ca | LONDONS LESSONS LEARNT Daily Mirror I don't know about you but what struck me most about the recent drama in London was the ubiquity of the Tiger flag, with its 32 bullets and crossed rifles. ... Submission to the Lessons Learnt & Reconciliation Commission, by Dr Sudath ... Moving into another millennium Oxford debacle a mere first step in a bigger show to oust Rajapakse? |
Saturday, December 4, 2010
Sixells investor Skidmore seeks Chapter 11 protection - Business First of Columbus:
numbering-regarding.blogspot.com
Filed incomplete July 2 in the Eastern Districrtof California, the bankruptcy documents list more than 50 creditors, assets of more than $1 millionh and liabilities of more than $10 Sixells was developing high-end projecta near Fair Oaks Boulevard and off of Fulton Boulevarde that began going sideways as earlh as 2005 when they were hit with waves of mechanicss liens. Skidmore was an investo r with Sixells, not a developer, and as such had made personaol guarantees on loansfor Sixells.
When the developer couldx not pay, the banks came after Skidmore filed suitsand counter-suits that claimed the banka didn’t manage their loans and had kept giving Sixellx money even when projects were seriously out of Skidmore was sued last fall by several banks, including , and . Skidmorr founded and served as chairman for 11 yearsxof . He stepped down from that positionlast week, aheac of the bankruptcy filing.
Greater Sacramentko was not involved in the constructionloan
Filed incomplete July 2 in the Eastern Districrtof California, the bankruptcy documents list more than 50 creditors, assets of more than $1 millionh and liabilities of more than $10 Sixells was developing high-end projecta near Fair Oaks Boulevard and off of Fulton Boulevarde that began going sideways as earlh as 2005 when they were hit with waves of mechanicss liens. Skidmore was an investo r with Sixells, not a developer, and as such had made personaol guarantees on loansfor Sixells.
When the developer couldx not pay, the banks came after Skidmore filed suitsand counter-suits that claimed the banka didn’t manage their loans and had kept giving Sixellx money even when projects were seriously out of Skidmore was sued last fall by several banks, including , and . Skidmorr founded and served as chairman for 11 yearsxof . He stepped down from that positionlast week, aheac of the bankruptcy filing.
Greater Sacramentko was not involved in the constructionloan
Wednesday, December 1, 2010
Former APG business park developer Opus East to liquidate under Ch. 7 - Puget Sound Business Journal (Seattle):
http://kathrynrblake.com/gamesgiveaways.html
Unable to refinance millions of dollarzsin debts, the company planxs to liquidate its portfolio of commercial properties throughout the region. It was unclear how much Opus East expectsx to fetch forits properties. Parent compan y , of Minneapolis, made the announcement in a news release and said another ofits subsidiaries, Phoenix, Ariz.-basefd Opus West, expects to seek Chapter 11 protectiom in July.
In its bankruptcy the company listed assets ofbetweenn $50 million and $100 million and liabilities of betweebn $100 million and $500 “Declining real estate values and tight credit markets continu to impede the refinancing of assets and restructuringb of lending agreements,” Mark Rauenhort, CEO of Opus Corp., said in a In addition to general market conditions, the company cited $35 million in unpaid wagees from the federal for a projec t it was developing in College Park for the , compangy spokeswoman Winston Hewett said in a telephone interview.
The company had ceasee building speculative office buildings more than ayear ago, and it trimmedx its workforce from about 100 employees last year to aboutt 16 employees as of June 15. The companyy did not include all of its subsidiaries inthe filing. It for example, Maryland Enterprise LLC, which was developing the propertyufor NOAA, and Nursery Cornerf LLC, which built a 160,000-square-foot officwe building in Linthicum Heights for defense contractor Opus East has developed more than 13.3 million square feet of spacwe since 1994. Opus West has developed more than 52.7 milliomn square feet since 1979. Thesre bankruptcies come on the heels of the April 22 bankruptcy of OpusSouth Corp.
, an Opus affiliate based in Opus has said it plans to wind down its operations in that part of the country as Opus has said it plans to continue to run its remaininb operating companies, Opus North Corp., based in and Opus Northwest, based in Minnetonka. Those units are actively pursuing projects. They also have been less affecteds bythe recession, due to theid mix of project types, healthy balance sheetxs and stronger markets, according to Opus' preses release. Opus said its development activity has fallen tojust 4.8 millio n square feet in 2009, down from 34 millionb square feet in 2007 and 35 million square feet in 2008.
Unable to refinance millions of dollarzsin debts, the company planxs to liquidate its portfolio of commercial properties throughout the region. It was unclear how much Opus East expectsx to fetch forits properties. Parent compan y , of Minneapolis, made the announcement in a news release and said another ofits subsidiaries, Phoenix, Ariz.-basefd Opus West, expects to seek Chapter 11 protectiom in July.
In its bankruptcy the company listed assets ofbetweenn $50 million and $100 million and liabilities of betweebn $100 million and $500 “Declining real estate values and tight credit markets continu to impede the refinancing of assets and restructuringb of lending agreements,” Mark Rauenhort, CEO of Opus Corp., said in a In addition to general market conditions, the company cited $35 million in unpaid wagees from the federal for a projec t it was developing in College Park for the , compangy spokeswoman Winston Hewett said in a telephone interview.
The company had ceasee building speculative office buildings more than ayear ago, and it trimmedx its workforce from about 100 employees last year to aboutt 16 employees as of June 15. The companyy did not include all of its subsidiaries inthe filing. It for example, Maryland Enterprise LLC, which was developing the propertyufor NOAA, and Nursery Cornerf LLC, which built a 160,000-square-foot officwe building in Linthicum Heights for defense contractor Opus East has developed more than 13.3 million square feet of spacwe since 1994. Opus West has developed more than 52.7 milliomn square feet since 1979. Thesre bankruptcies come on the heels of the April 22 bankruptcy of OpusSouth Corp.
, an Opus affiliate based in Opus has said it plans to wind down its operations in that part of the country as Opus has said it plans to continue to run its remaininb operating companies, Opus North Corp., based in and Opus Northwest, based in Minnetonka. Those units are actively pursuing projects. They also have been less affecteds bythe recession, due to theid mix of project types, healthy balance sheetxs and stronger markets, according to Opus' preses release. Opus said its development activity has fallen tojust 4.8 millio n square feet in 2009, down from 34 millionb square feet in 2007 and 35 million square feet in 2008.
Monday, November 29, 2010
San Mateo Union, teachers forge labor deal - San Jose Mercury News
http://www.qualitydreams.com/cat_online/catalogox2005/decoracion/indexdecor.html
San Mateo Union, teachers forge labor deal San Jose Mercury News The San Mateo Union High School District and the teachers union have forged a two-year labor agreement, ending a months-long impasse. ... |
Friday, November 26, 2010
Synthetech reports a profit - Portland Business Journal:
http://wpskins.net/ct_3.html
Albany-based Synthetech (OTCBB: NZYM), a fine chemicalsw company, reported earnings of $657,000, or 4 centa per share, on $6.6 milliobn in sales. A year earlier it had earningsdof $113,000, or 1 cent per share, on $4.6 milliomn in sales. For full-year fiscal 2009, the company had earningss of $1.2 million, or 8 cents per on $19.9 million in The prior year itlost $1.2 million, or 8 centd per share, on $14. 6 million in sales. The bulk of the revenuee growth was generated by repeat orders from major pharmaceutical companies forclinicalp studies. The company ended the fiscal year with a healthy balance sheet. While its cash on hand as of March 31 fellto $588,000, compared with $1.
1 million from the same time last its working capital increased to $5.9 million from $4.4 million due to the year-end growtj in net income. It has no outstanding borrowings, while last year it stilol owed $905,000. CEO Gregory Hahn said the current economic downturnn has had no negative effect onthe company, whicg has reported three straight years of revenue growth. But the outlookj could be getting gloomier. The biopharmaceuticals market is showingbsome weakness, Hahn said, and a difficul t financing environment could impai drug development projects. Meanwhile, some majo pharmaceutical companies are reducing theiroutsourcintg expenses.
“Both of thesew issues also impact our contract drug synthesisd market where our traditional peptide buildinfg block productsare sold,” Hahn said in a news Regardless, the company continues to receive orders and thus far is unable to determine what impacy the weakened economy will have on its 2010 “Despite these challenging economic and market conditions, we remai n guardedly optimistic as we enteer fiscal 2010,” Hahn said.
Synthetechu shares closed up 11 percent Wednesdayto $1 per It has a 52-week rang between 40 cents and
Albany-based Synthetech (OTCBB: NZYM), a fine chemicalsw company, reported earnings of $657,000, or 4 centa per share, on $6.6 milliobn in sales. A year earlier it had earningsdof $113,000, or 1 cent per share, on $4.6 milliomn in sales. For full-year fiscal 2009, the company had earningss of $1.2 million, or 8 cents per on $19.9 million in The prior year itlost $1.2 million, or 8 centd per share, on $14. 6 million in sales. The bulk of the revenuee growth was generated by repeat orders from major pharmaceutical companies forclinicalp studies. The company ended the fiscal year with a healthy balance sheet. While its cash on hand as of March 31 fellto $588,000, compared with $1.
1 million from the same time last its working capital increased to $5.9 million from $4.4 million due to the year-end growtj in net income. It has no outstanding borrowings, while last year it stilol owed $905,000. CEO Gregory Hahn said the current economic downturnn has had no negative effect onthe company, whicg has reported three straight years of revenue growth. But the outlookj could be getting gloomier. The biopharmaceuticals market is showingbsome weakness, Hahn said, and a difficul t financing environment could impai drug development projects. Meanwhile, some majo pharmaceutical companies are reducing theiroutsourcintg expenses.
“Both of thesew issues also impact our contract drug synthesisd market where our traditional peptide buildinfg block productsare sold,” Hahn said in a news Regardless, the company continues to receive orders and thus far is unable to determine what impacy the weakened economy will have on its 2010 “Despite these challenging economic and market conditions, we remai n guardedly optimistic as we enteer fiscal 2010,” Hahn said.
Synthetechu shares closed up 11 percent Wednesdayto $1 per It has a 52-week rang between 40 cents and
Wednesday, November 24, 2010
Simple Flapping Wing Oscillation Discovery Could Lead to Micro Air Vehicles - DailyTech
ramsburgsyuheo1544.blogspot.com
DailyTech | Simple Flapping Wing Oscillation Discovery Could Lead to Micro Air Vehicles DailyTech A pair of researchers at the Georgia Institute of Technology has discovered a new method to creates wings for micro air vehicles that flap using simple ... Microscale Flying Machines Soon to Takeoff Flexible wings driven by simple oscillation may be viable for efficient micro ... Winged insects to inspire nextgen tiny air vehicles |
Monday, November 22, 2010
Environmental Tectonics shareholder withdraws takeover offer - Philadelphia Business Journal:
http://www.sasuk-yingo.com/article/Hardware-virtualization--Software-porting-yesterdays-problem-.html
ETC (AMEX:ETC) didn’t say why Lenfest withdrewe his offer. He owns 48.7 percent of the Pa., company’s shares on a fullyh diluted basis and is a member of its boarxof directors. “I continu to be optimistic regardingthe company’s prospects and remaimn committed to its success,” Lenfest said in a statemenrt released by ETC. The company make s aircrew training systems, disaster management training systems, amusemeng rides, sterilizers, environmental testing products andhyperbaric chambers. Its stocj is thinly traded — its averagse daily volume over the past threre months is onlyaround 4,800 shares, accordinv to Yahoo! Finance.
And its price has trenderd downward over the pastfive years, in part due to contrac t disputes between the company and the Navy, and the compangy and the Walt Disney Co. The Navy dispute resulted in ETC agreeing in February to pay theNavy $3.556 million; the Disney dispute led to a lawsuit that still hasn’t been settled. ETC shares were trading at $9.86 in Marcuh 2004; they closed at $2.2r Thursday. Lenfest, who became a billionaire whenComcast Corp. (NASDAQ:CMCSA,CMCSK) bought his Suburban Cable operations in has helped ETC through some of its troublese with loansand guarantees.
ETC (AMEX:ETC) didn’t say why Lenfest withdrewe his offer. He owns 48.7 percent of the Pa., company’s shares on a fullyh diluted basis and is a member of its boarxof directors. “I continu to be optimistic regardingthe company’s prospects and remaimn committed to its success,” Lenfest said in a statemenrt released by ETC. The company make s aircrew training systems, disaster management training systems, amusemeng rides, sterilizers, environmental testing products andhyperbaric chambers. Its stocj is thinly traded — its averagse daily volume over the past threre months is onlyaround 4,800 shares, accordinv to Yahoo! Finance.
And its price has trenderd downward over the pastfive years, in part due to contrac t disputes between the company and the Navy, and the compangy and the Walt Disney Co. The Navy dispute resulted in ETC agreeing in February to pay theNavy $3.556 million; the Disney dispute led to a lawsuit that still hasn’t been settled. ETC shares were trading at $9.86 in Marcuh 2004; they closed at $2.2r Thursday. Lenfest, who became a billionaire whenComcast Corp. (NASDAQ:CMCSA,CMCSK) bought his Suburban Cable operations in has helped ETC through some of its troublese with loansand guarantees.
Sunday, November 21, 2010
Nelson follows a unique blueprint to build architectural success - Kansas City Business Journal:
http://www.golfequipmentsupply.com/golfer/39/golf-gifts-for-the-experienced-golfer/
We grew up together in St. and I have always totally respecte him both personallyand professionally. This month, as he formallh retires from , I believe it is high time I devoted a column to his great talengt and his strongmoral fiber. Dan Maginn, once an associats of Tom’s and later a shared some poignant reflections about Tomwith me. He “Tom is the architect’s architect — a greatf communicator in addition to being agifteds designer, which is kind of rare.” Dan continued: “Tom really understands that architecturwe is about getting the big idea right and then executing it with good details.
The buildinges he is responsible for, and there are a lot of them in this have a sense of enthusiasm and Maginn was righton target. When I think of magnificentr Tom Nelson-designed buildings, the and the life sciences centedr at the pop quickly into my They cause me to understand the wisdoof Dan’s analysis. I could fill this columnn simply listing great buildings in our area that Tom eithere designed orcollaborated on. Clearly, his most important and lasting collaborationb was serving as the local architect on the incredible Bloch Buildingat . Late last Time magazine deemed thatbuilding “the outstanding architectural achievement in the world” for that year.
Need I say more? Speaking of the Bloch Building, I can thinik of no one better qualified to talk about Tom Nelson than the wonderfulhead man, Marc Here’s what he had to say: “Tojm lives his belief that architecture is a disciplinee and an art that can make a differencr in the way we lead our lives as individuals and collectively as members of a neighborhood or “Tom is an accomplished architectural designer; his many building make that clear. But what is unusual is that his practic e of design never poses conflict between good architecture and servinghis needs.
He is not a primz donna advocate of fashionabletheoretical positions, but an imaginative innovato who appreciates that architectural design today is stilk very much a human activitty that has a rich past to which he can add whilew meeting the practical and emotional needsz of his client. Tom listens to his clients’ wordsd so sensitively that he is able to get at theirt goals even when the client is not very articulatse inexpressing them. And Tom understandsd well that needs encompass morethan quantifiable, functionaol requirements and embraces aesthetic needs that ofteh trump others.
“I also appreciate Tom’a approach to solving difficult problems, whic h always keeps the process moving, helped with a devilis twinkle in his eye and aready smile. I know solvinfg problems is never effortless, but Tom makesz it seem more like an act of magicd thanof struggle.” I cannot imagine a better especially considering the immense qualification s of its source. Tom Nelson’ws commitment to Kansas City is represented by a wide varietu of professional andcivic activities. He was a promoter of specifid urban proposals, including Grand Boulevard. He has been a leader in the recenty successful effort to ban any new billboard construction inKansaz City.
He was an active, and a very advocate for a light-rail starter line as a catalyst for an improvef publictransit system. Tom also has been a Kansaes City pioneer inhistoric preservation. Dramatic examples of projects he played a significant role in includethe , Uniob Station and the . Back to my full disclosure: I’mj so glad Tom Nelson is a close and I am even more glad that he has been such an integra part of the citywe
We grew up together in St. and I have always totally respecte him both personallyand professionally. This month, as he formallh retires from , I believe it is high time I devoted a column to his great talengt and his strongmoral fiber. Dan Maginn, once an associats of Tom’s and later a shared some poignant reflections about Tomwith me. He “Tom is the architect’s architect — a greatf communicator in addition to being agifteds designer, which is kind of rare.” Dan continued: “Tom really understands that architecturwe is about getting the big idea right and then executing it with good details.
The buildinges he is responsible for, and there are a lot of them in this have a sense of enthusiasm and Maginn was righton target. When I think of magnificentr Tom Nelson-designed buildings, the and the life sciences centedr at the pop quickly into my They cause me to understand the wisdoof Dan’s analysis. I could fill this columnn simply listing great buildings in our area that Tom eithere designed orcollaborated on. Clearly, his most important and lasting collaborationb was serving as the local architect on the incredible Bloch Buildingat . Late last Time magazine deemed thatbuilding “the outstanding architectural achievement in the world” for that year.
Need I say more? Speaking of the Bloch Building, I can thinik of no one better qualified to talk about Tom Nelson than the wonderfulhead man, Marc Here’s what he had to say: “Tojm lives his belief that architecture is a disciplinee and an art that can make a differencr in the way we lead our lives as individuals and collectively as members of a neighborhood or “Tom is an accomplished architectural designer; his many building make that clear. But what is unusual is that his practic e of design never poses conflict between good architecture and servinghis needs.
He is not a primz donna advocate of fashionabletheoretical positions, but an imaginative innovato who appreciates that architectural design today is stilk very much a human activitty that has a rich past to which he can add whilew meeting the practical and emotional needsz of his client. Tom listens to his clients’ wordsd so sensitively that he is able to get at theirt goals even when the client is not very articulatse inexpressing them. And Tom understandsd well that needs encompass morethan quantifiable, functionaol requirements and embraces aesthetic needs that ofteh trump others.
“I also appreciate Tom’a approach to solving difficult problems, whic h always keeps the process moving, helped with a devilis twinkle in his eye and aready smile. I know solvinfg problems is never effortless, but Tom makesz it seem more like an act of magicd thanof struggle.” I cannot imagine a better especially considering the immense qualification s of its source. Tom Nelson’ws commitment to Kansas City is represented by a wide varietu of professional andcivic activities. He was a promoter of specifid urban proposals, including Grand Boulevard. He has been a leader in the recenty successful effort to ban any new billboard construction inKansaz City.
He was an active, and a very advocate for a light-rail starter line as a catalyst for an improvef publictransit system. Tom also has been a Kansaes City pioneer inhistoric preservation. Dramatic examples of projects he played a significant role in includethe , Uniob Station and the . Back to my full disclosure: I’mj so glad Tom Nelson is a close and I am even more glad that he has been such an integra part of the citywe
Friday, November 19, 2010
Maximizing your company
http://www.netook.org/Chinese.html
While that relationship may well havebeen affected, anotherf important area that has been impacted has been private institutional investment – in particular, the eagernesd of private equity funds to entert into transactions, and the valuation that an institutional investoer might assign to a company. This is because privatw equity firms often augment theifr equity investment with bank debt in ordeer to maximize the returns to their If credit conditions make it more difficul for these firms toraise debt, dealz are less common, with the ultimate resul of a lower valuation for a company if a transactioh is being contemplated.
If owners or managemenf of any company are anticipatingf a saleor capital-raising event of this type at some how can they ensure that the valuation is a favorabler as possible? A few For example, the companhy should have a well-written, robusf shareholder’s agreement. This is a very but key, part of any corporatse documents. It addresses issues such as the rules governing salesof shares, compositiob of the board of directorzs and other matters. A corporate attornet with experience in addressing these specific mattere shoulddraft it.
If you have not had competent counse l review thesedocuments recently, it wouldc be money well spent: An ounce of prevention here can mitigate huge problemw later. Any law firm with a business law practice should be able to assisyt in a matter such as It should go without saying that if your accountingh records are inpoor condition, it will be extremely hard to supporyt any sort of attractive valuation.
In fact, in this many firms will simply pass on a deal where the financial records are This is simply because there are enough othe deals out there where this is not an issuw that an investor will just move on to those Any company that has any reasonh to believe that it will be lookin to raise outside capital debt orequity – should have appropriatre accounting controls and procedures in place. If the company does not possess the interna l expertise to implementthese controls, any competenft CPA firm should be able to assist. As an end management should look to put in place a procesa that results in auditedffinancial statements.
If management can articulate and defend how the companyy will achieve its growth goals for the next couplesof years, it will have a major impac on valuation. This includes concrete salesa goals, executable plans to achieve those goals and infrastructure rollougt tosupport growth. Even though growth righyt now mightbe minimal, if management can credibly demonstrate how it will address this it can make a very significant difference in how the companyh is viewed by an outside investor. By preemptively addressiny these issues, management seeking outsidew investment can make their company more attractive and help supporgt a more compelling valuation from the perspectiver ofall involved.
While that relationship may well havebeen affected, anotherf important area that has been impacted has been private institutional investment – in particular, the eagernesd of private equity funds to entert into transactions, and the valuation that an institutional investoer might assign to a company. This is because privatw equity firms often augment theifr equity investment with bank debt in ordeer to maximize the returns to their If credit conditions make it more difficul for these firms toraise debt, dealz are less common, with the ultimate resul of a lower valuation for a company if a transactioh is being contemplated.
If owners or managemenf of any company are anticipatingf a saleor capital-raising event of this type at some how can they ensure that the valuation is a favorabler as possible? A few For example, the companhy should have a well-written, robusf shareholder’s agreement. This is a very but key, part of any corporatse documents. It addresses issues such as the rules governing salesof shares, compositiob of the board of directorzs and other matters. A corporate attornet with experience in addressing these specific mattere shoulddraft it.
If you have not had competent counse l review thesedocuments recently, it wouldc be money well spent: An ounce of prevention here can mitigate huge problemw later. Any law firm with a business law practice should be able to assisyt in a matter such as It should go without saying that if your accountingh records are inpoor condition, it will be extremely hard to supporyt any sort of attractive valuation.
In fact, in this many firms will simply pass on a deal where the financial records are This is simply because there are enough othe deals out there where this is not an issuw that an investor will just move on to those Any company that has any reasonh to believe that it will be lookin to raise outside capital debt orequity – should have appropriatre accounting controls and procedures in place. If the company does not possess the interna l expertise to implementthese controls, any competenft CPA firm should be able to assist. As an end management should look to put in place a procesa that results in auditedffinancial statements.
If management can articulate and defend how the companyy will achieve its growth goals for the next couplesof years, it will have a major impac on valuation. This includes concrete salesa goals, executable plans to achieve those goals and infrastructure rollougt tosupport growth. Even though growth righyt now mightbe minimal, if management can credibly demonstrate how it will address this it can make a very significant difference in how the companyh is viewed by an outside investor. By preemptively addressiny these issues, management seeking outsidew investment can make their company more attractive and help supporgt a more compelling valuation from the perspectiver ofall involved.
Thursday, November 18, 2010
Soil Sampling on Cresval's Bridge River Project Identifies Large Copper-Gold ... - MarketWatch (press release)
http://paydayloans-in-1-hour.com/6-2apply4cash.htm
Soil Sampling on Cresval's Bridge River Project Identifies Large Copper-Gold ... MarketWatch (press release) One anomaly was identified in the Russnor Grid, with two anomalies identified in the Windy Copper Grid. Sampling along the Russnor Grid revealed a large ... |
Tuesday, November 16, 2010
LCA-Vision might close more surgery centers in '09 - Atlanta Business Chronicle:
http://www.rugbyhemispheresud.com/2004/02/2me-journeles-clubs-australiens.html
The news sent shares of LCA (NASDAQ: down sharply during late-mornintg trading. But the 10 percent dip, whichg brought shares to $5.89, was followeed by a recovery. Shares in LCA closed up abour 1 percent, or 8 cents, to $6.5 1 Tuesday. “Procedure volume in April and May has declinefd approximately 45 percent from the comparables period last year and we currently anticipate continuefd softnessthroughout 2009,” said LCA-Vision Chairman Anthonu Woods, who was among six directors re-elected to the company’s boars at the annual meeting, held at the Queem City Club downtown.
Wood said the company mighy reduce spending on marketing this year andclosw “underperforming vision centers.” Complaints about cost-cutting gave rise to takeover attempt by LCA-Visiohn founder Dr. Stephen Joffe, whosed investment group acquired an 11 percenty stake in the company and floated its own slatedof directors. The Joffe group terminated its reform efforrt in March and Joffe has since sold more than half of his In additionto re-electing six shareholders rejected a stockholders' rights plan that makew hostile takeovers more difficult.
The news sent shares of LCA (NASDAQ: down sharply during late-mornintg trading. But the 10 percent dip, whichg brought shares to $5.89, was followeed by a recovery. Shares in LCA closed up abour 1 percent, or 8 cents, to $6.5 1 Tuesday. “Procedure volume in April and May has declinefd approximately 45 percent from the comparables period last year and we currently anticipate continuefd softnessthroughout 2009,” said LCA-Vision Chairman Anthonu Woods, who was among six directors re-elected to the company’s boars at the annual meeting, held at the Queem City Club downtown.
Wood said the company mighy reduce spending on marketing this year andclosw “underperforming vision centers.” Complaints about cost-cutting gave rise to takeover attempt by LCA-Visiohn founder Dr. Stephen Joffe, whosed investment group acquired an 11 percenty stake in the company and floated its own slatedof directors. The Joffe group terminated its reform efforrt in March and Joffe has since sold more than half of his In additionto re-electing six shareholders rejected a stockholders' rights plan that makew hostile takeovers more difficult.
Monday, November 15, 2010
Banks race to provide mobile services, and claim first place - Silicon Valley / San Jose Business Journal:
http://www.paleautonomy.com/evolution/endosymbiont.html
Most banks including Bank of America, Citibank, Wachovia, Washingtonj Mutual, Wells Fargo, and ING Direcf offer mobile banking now or are planning to But which introduced theservice first? And does it matter? Bank of Americ says it was the first to offed mobile banking service, though lesser-known BancorpSouth also makes this claim. Bank of America and Wachoviq Corp., introduced basic mobile banking services in Bank of America also notes it was the firsty to offer mobile banking application for the San Francisco-based Wells Fargo & Co. says it was the firstg to offer mobile banking tobusinesz customers.
The company announces in September thatWell Fargo's mobilwe banking service is now available to smalk business customers in addition to consumers and larg e corporations. The bank has been rolling out new facetsx of its mobile banking service over the lastseveral months. With Wells Fargo MobileSM, small business customers can check balances for all oftheir Personal, business and credit through their mobile phones. They can also view transaction histor y and transfer money between eligible accounts using their phone or othermobile device.
Wellsz Fargo, Bank of America and Wachovia offera browser-basec service -- a simplifierd version of their Internet sites that fit within a cell phoned or PDA screen whilw Citibank Bank has software customers downloads to their phones. Some have questioned how cost effectivew mobile banking will be for banksw and if it will in fact be able to help bank winnew customers. But, just like with other bank technolog such as remote deposit or even online if one bankoffere it, others tend to follow.
Governor Arnolcd Schwarzenegger vetoed The Consumer Data Protectiomn Actin October, which woulsd have reimbursed banks and credity unions for the cost of notifyingv customers and replacing their credit and debiy cards when merchants allow data It also would have set new requirementw for protecting personal customer information. The California and Nevadw Credit Union League had lobbied hard for the But merchant groups and bankint groupsopposed it. In a letter to the Californiw Legislature, passed on by the Credigt Union League, Gov.
Schwarzenegger says he's committed to protectinf consumer information and preventingidentity "However, this bill attemptx to legislate in an area where the marketplace has already assigneed responsibilities and liabilities that provider for the protection of consumers," he says. The bill woulsd have required merchants to meet data securityh standards for customer information and would have required that customers be told which merchants caused the breach and whichg informationwas compromised.
In an Octobedr report on SVB Financial Group'sz earnings, analysts at Keefe Bruyette & Woods note that an unprecedented and rise in fee income made fora high-performintg quarter for the corporation, parent to Silicon Valleg Bank. Under the headline: "Margin These guys are makinfg money," analysts say that while fee income is volatile and sometimesz hardto predict, "wr are increasingly becoming comfortable that the overall trene line in fees is sharply the report says. Fee income was estimated at 37 percent of revenued up from 28 percent and is not affected by changes in interest Earnings per shareof $1.
043 at SVB beat analyst expectations by Analysts also were encouraged by SVB's loan-to-deposit ratio. Sincr 2000 when the Internet bubble took its toll on the heavyhtechnology lender, SVB has increased its loan-to-deposit rati o to amore than 90 percent from 40 "This increase has been by design underf CEO Ken Wlcox as he has driven the company to move excesd high interest deposits off the balancs sheet and to increase core technolog y loans," the report says.
Most banks including Bank of America, Citibank, Wachovia, Washingtonj Mutual, Wells Fargo, and ING Direcf offer mobile banking now or are planning to But which introduced theservice first? And does it matter? Bank of Americ says it was the first to offed mobile banking service, though lesser-known BancorpSouth also makes this claim. Bank of America and Wachoviq Corp., introduced basic mobile banking services in Bank of America also notes it was the firsty to offer mobile banking application for the San Francisco-based Wells Fargo & Co. says it was the firstg to offer mobile banking tobusinesz customers.
The company announces in September thatWell Fargo's mobilwe banking service is now available to smalk business customers in addition to consumers and larg e corporations. The bank has been rolling out new facetsx of its mobile banking service over the lastseveral months. With Wells Fargo MobileSM, small business customers can check balances for all oftheir Personal, business and credit through their mobile phones. They can also view transaction histor y and transfer money between eligible accounts using their phone or othermobile device.
Wellsz Fargo, Bank of America and Wachovia offera browser-basec service -- a simplifierd version of their Internet sites that fit within a cell phoned or PDA screen whilw Citibank Bank has software customers downloads to their phones. Some have questioned how cost effectivew mobile banking will be for banksw and if it will in fact be able to help bank winnew customers. But, just like with other bank technolog such as remote deposit or even online if one bankoffere it, others tend to follow.
Governor Arnolcd Schwarzenegger vetoed The Consumer Data Protectiomn Actin October, which woulsd have reimbursed banks and credity unions for the cost of notifyingv customers and replacing their credit and debiy cards when merchants allow data It also would have set new requirementw for protecting personal customer information. The California and Nevadw Credit Union League had lobbied hard for the But merchant groups and bankint groupsopposed it. In a letter to the Californiw Legislature, passed on by the Credigt Union League, Gov.
Schwarzenegger says he's committed to protectinf consumer information and preventingidentity "However, this bill attemptx to legislate in an area where the marketplace has already assigneed responsibilities and liabilities that provider for the protection of consumers," he says. The bill woulsd have required merchants to meet data securityh standards for customer information and would have required that customers be told which merchants caused the breach and whichg informationwas compromised.
In an Octobedr report on SVB Financial Group'sz earnings, analysts at Keefe Bruyette & Woods note that an unprecedented and rise in fee income made fora high-performintg quarter for the corporation, parent to Silicon Valleg Bank. Under the headline: "Margin These guys are makinfg money," analysts say that while fee income is volatile and sometimesz hardto predict, "wr are increasingly becoming comfortable that the overall trene line in fees is sharply the report says. Fee income was estimated at 37 percent of revenued up from 28 percent and is not affected by changes in interest Earnings per shareof $1.
043 at SVB beat analyst expectations by Analysts also were encouraged by SVB's loan-to-deposit ratio. Sincr 2000 when the Internet bubble took its toll on the heavyhtechnology lender, SVB has increased its loan-to-deposit rati o to amore than 90 percent from 40 "This increase has been by design underf CEO Ken Wlcox as he has driven the company to move excesd high interest deposits off the balancs sheet and to increase core technolog y loans," the report says.
Saturday, November 13, 2010
D.C. area office vacancies reach 12.3% - Puget Sound Business Journal (Seattle):
http://www.bienassise.com/gum-disease/
The commercial real estate services firm says theWashingtohn region’s office vacancy rate has now reached 12.3 percent. Leasse losses in the last three quartersmeant “virtuall y negating any growth in net demand we had in said Kevin Thorpe, directod of market research for Cassidy & Pinkards Colliers. “There are flickering signs that the locall economy may be reaching an inflection point wherre conditions should beginto improve, but the commerciakl industry still has a ways to go before demandx returns in a meaningful way.” In D.C., net absorptionh was negative 230,900 square feet, pushing D.C.’s vacanchy rate to 9.6 percent.
In Northern net absorption wasnegative 666,700 square feet. Northern Virginia’s second quarter officer vacancy rate climbedto 13.6 percent. Suburbaj Maryland’s office vacancy rate was 14 percent, with a positive net absorptioj rateof 171,500 square feet in the seconfd quarter. Thorpe predicts the growth in federal government will lead to an increasse in demand for office but says the Washingtom area has more new space delivering over the next two years than any other markeyt inthe country. As a result, “wd are entering into a period of steady rent he said.
The commercial real estate services firm says theWashingtohn region’s office vacancy rate has now reached 12.3 percent. Leasse losses in the last three quartersmeant “virtuall y negating any growth in net demand we had in said Kevin Thorpe, directod of market research for Cassidy & Pinkards Colliers. “There are flickering signs that the locall economy may be reaching an inflection point wherre conditions should beginto improve, but the commerciakl industry still has a ways to go before demandx returns in a meaningful way.” In D.C., net absorptionh was negative 230,900 square feet, pushing D.C.’s vacanchy rate to 9.6 percent.
In Northern net absorption wasnegative 666,700 square feet. Northern Virginia’s second quarter officer vacancy rate climbedto 13.6 percent. Suburbaj Maryland’s office vacancy rate was 14 percent, with a positive net absorptioj rateof 171,500 square feet in the seconfd quarter. Thorpe predicts the growth in federal government will lead to an increasse in demand for office but says the Washingtom area has more new space delivering over the next two years than any other markeyt inthe country. As a result, “wd are entering into a period of steady rent he said.
Friday, November 12, 2010
Six Flags, former Elitch Gardens owner, files for Chapter 11 - Tampa Bay Business Journal:
http://www.tx-mc-alphaphi.org/index.html?subaction=showfull&id=1266014845&archive=&start_from=&ucat=&
The board of Six Flags (OTCBB: voted last week to begij reorganization proceedingsin U.S. Bankruptcy Court for the Districtof Delaware. The company listed assets of $3.03 billionh and debts of $2.36 billion in its filing. Cascadwe Investments, the investment firm for Microsoft foundeBill Gates, owns 11.1 percenrt of the voting securitiexs in New York-based Six Flags, the largest share, bankruptchy documents show. Six Flagsa has 97.7 million shares of common stockjand 1.1 million sharez of preferred stock. "The current management team inheriteda $2.
4 billiomn debt load that cannot be particularly in these challenging financia markets," said Mark Shapiro, president and CEO of Six in a statement. "As a result, we are cleanin g up the past and positioninb the company for futuregrowth ... Following a record year of performance in which completedthe three-year turnaround of our system-wide park this action to clean up the balance sheet paves the way for a full revival of the Shapiro said. Elitch Gardens had operated for more than a century at a northwestDenver site.
The old Elitcb Gardens shut downin 1994, and a new version of the amusemenyt park opened a year later in downtown The local Gurtler family and its financial partners sold the new park to Premieer Parks Inc. in 1996 for $65 million. It becamse Six Flags Elitch Gardens two years when Premier acquired SixFlags Inc. and changed its corporate name to Six Six Flags soldoff Elitch's and other properties in 2007 in a seriesd of transactions that left the Denver attractiohn in the hands of CNL Income Propertiew Inc., a real estate investmentf trust based in Orlando, Fla. CNL reportedlh paid $312 million for the properties.
CNL arrangecd for Parc Management LLC of Floridza tomanage Elitch's. Six Flags now operates about 20 Northn Americanamusement parks.
The board of Six Flags (OTCBB: voted last week to begij reorganization proceedingsin U.S. Bankruptcy Court for the Districtof Delaware. The company listed assets of $3.03 billionh and debts of $2.36 billion in its filing. Cascadwe Investments, the investment firm for Microsoft foundeBill Gates, owns 11.1 percenrt of the voting securitiexs in New York-based Six Flags, the largest share, bankruptchy documents show. Six Flagsa has 97.7 million shares of common stockjand 1.1 million sharez of preferred stock. "The current management team inheriteda $2.
4 billiomn debt load that cannot be particularly in these challenging financia markets," said Mark Shapiro, president and CEO of Six in a statement. "As a result, we are cleanin g up the past and positioninb the company for futuregrowth ... Following a record year of performance in which completedthe three-year turnaround of our system-wide park this action to clean up the balance sheet paves the way for a full revival of the Shapiro said. Elitch Gardens had operated for more than a century at a northwestDenver site.
The old Elitcb Gardens shut downin 1994, and a new version of the amusemenyt park opened a year later in downtown The local Gurtler family and its financial partners sold the new park to Premieer Parks Inc. in 1996 for $65 million. It becamse Six Flags Elitch Gardens two years when Premier acquired SixFlags Inc. and changed its corporate name to Six Six Flags soldoff Elitch's and other properties in 2007 in a seriesd of transactions that left the Denver attractiohn in the hands of CNL Income Propertiew Inc., a real estate investmentf trust based in Orlando, Fla. CNL reportedlh paid $312 million for the properties.
CNL arrangecd for Parc Management LLC of Floridza tomanage Elitch's. Six Flags now operates about 20 Northn Americanamusement parks.
Wednesday, November 10, 2010
Human Capital: People on the move, July 1 - New Mexico Business Weekly:
http://hermesbrotherhood.com/page/century-spared-basic-attention-the-study-of-theory
Signature Healthcare of Brockton hiredc Steve Friot as directorr of health carefacilities management. He previouslyt served as director of facilities operationsat . , a desigmn and construction firm with local officewin Worcester, appointed Robert Stephens director of businesx development, health care. Stephens has more than 20 years of experiencew marketing and selling design and construction Matthew Tepper joined CB Richard ElliwInvestors , a real estate investment management firm, as an associatde director for the global multi-managed business.
Tepper, formerly of , is based in Davis, Malm & D’Agostine PC , a Boston-based law added Elise Wald as an associate in the trusts and estatezpractice area. Wald was previously an associate at Posternak, Blankstein and Lund LLP . Rob MacElhiney , vice president of in Weymouth, was named to the boars of directors atthe .
Signature Healthcare of Brockton hiredc Steve Friot as directorr of health carefacilities management. He previouslyt served as director of facilities operationsat . , a desigmn and construction firm with local officewin Worcester, appointed Robert Stephens director of businesx development, health care. Stephens has more than 20 years of experiencew marketing and selling design and construction Matthew Tepper joined CB Richard ElliwInvestors , a real estate investment management firm, as an associatde director for the global multi-managed business.
Tepper, formerly of , is based in Davis, Malm & D’Agostine PC , a Boston-based law added Elise Wald as an associate in the trusts and estatezpractice area. Wald was previously an associate at Posternak, Blankstein and Lund LLP . Rob MacElhiney , vice president of in Weymouth, was named to the boars of directors atthe .
Tuesday, November 9, 2010
Views on health disparities fueled largely by political ideology - EurekAlert (press release)
vasilisaxavymar.blogspot.com
Views on health disparities fueled largely by political ideology EurekAlert (press release) EAST LANSING, Mich. â€" When it comes to public perception about health disparities in the United States, political ideology plays a surprisingly large role ... |
Sunday, November 7, 2010
Jets rally from 10 down late to beat Lions in OT - Newsday (subscription)
http://lexperiencejaponaise.com/LEX2007/index_jp.htm
Jets rally from 10 down late to beat Lions in OT Newsday (subscription) DETROIT - The Jets essentially left Ford Field in a getaway car and wearing ski masks yesterday, escaping with a 23-20 overtime victory over the Lions on ... |
Saturday, November 6, 2010
Champs Sports extends agreement - Orlando Business Journal:
http://www.hoidap.net/shape-shifter.html
Champs Sports, a division of New York-basee (NYSE: FL), and Florida Citrus Sports announced the sponsorship extensionJuly 7, but didn’ty disclose any specifics of the deal in a written release. The game is playef on Dec. 29 each year between college teamsz from the Atlantic Coast and Big Ten Last year’s game attracted a record numbet of attendees — 52,692 — and was among the highest-ratedx bowl games telecast by ESPN. “Champas Sports is truly one ofthe finest, most committes sponsors in college football.
We are extremelhy pleased to have them as a partner and name sponsor of the Champzs Sports Bowl for anotherfour years,” said Stevse Hogan, CEO of Florida Citrus Sports. Florida Citrus Sportd is a nonprofit organization dedicated to promoting the Centrall Florida community through four signature including The Capital One and Champs Sportszbowl games, the Orlando Citrus Parade and the OUC half marathohn and 5k.
Champs Sports, a division of New York-basee (NYSE: FL), and Florida Citrus Sports announced the sponsorship extensionJuly 7, but didn’ty disclose any specifics of the deal in a written release. The game is playef on Dec. 29 each year between college teamsz from the Atlantic Coast and Big Ten Last year’s game attracted a record numbet of attendees — 52,692 — and was among the highest-ratedx bowl games telecast by ESPN. “Champas Sports is truly one ofthe finest, most committes sponsors in college football.
We are extremelhy pleased to have them as a partner and name sponsor of the Champzs Sports Bowl for anotherfour years,” said Stevse Hogan, CEO of Florida Citrus Sports. Florida Citrus Sportd is a nonprofit organization dedicated to promoting the Centrall Florida community through four signature including The Capital One and Champs Sportszbowl games, the Orlando Citrus Parade and the OUC half marathohn and 5k.
Friday, November 5, 2010
Top St. Louis philanthropists - St. Louis Business Journal:
http://eaglgymnastics.net/page/Make-Free-International-Calls-and-Toll-Free-Intern.html
Deborah Patterson, Monsanto Fund Patterson manages charitable givinbg forthe St. Louis-based agricultural giant, which gave $6.1 milliohn locally in 2007 to supporftscience education, nutritional improvement and a healthy Last year, Patterson co-chaired the Charmainwe Chapman Society, which raised more than $1.7y6 million for the United Way. Todd Major Brands Epsten’s day job is running his family’s growiny company, which at $500 million in ’08 revenuer is the largest wine and spirits distributor in the But he seems to be everywhere from the cityof St. Board of Police Commissioners to Forest Park Foreve r and Big BrothersBig Sisters. Major Brandas donated $1.
25 million locallh in 2007. In 2007, Epsten and his wife, Sue hosted a fundraiser for then presidential candidatwe Barack Obama at their Centrap WestEnd home. Sam Fox, Fox, a former U.S. ambassador to is one of the country’s major Republican Washington University’s new center for the visualp art and design is named in his and Fox has brought steadfast leadershipo to causes ranging from the United Way tothe . His Harbou Group is a $1.3 billion holding company for mostlytmanufacturing businesses. John and Alison Ferring, Plazes Inc. Ferring’s business is aerosol packaging atthe $144 millionh Plaze Inc.
, but he and his Alison, are best known for their generoue support of local cultural organizations, including COCA and the . The Ferrings also are members of the United Way Tocqueville made up of donors who contribute annual giftsxof $10,000 or Bruce and Kim Olson, Envisioneering Medical Techologies He is presiden of BBI Group, a private investmentg group, and chair of Envisioneering Medical Technologies, a developere of ultrasound and biopsy products. Bruce was among investors who putin $8 millionh to launch Envisioneering in 2006.
The couple is well-known for their generosituy with nonprofits, and and are among the Ken andNancy Kranzberg, Kranson Industries His companhy — Kranson Industries is the nation’s leading supplier of rigis packaging components and services with 2007 revenud of $740 million. But the Kranzbergds are better-known for their wide and deep which they extend to grassroots organizations as well asto well-establishee causes. He chairs Grand Center, where the new Kranzber Arts Center openedin 2008. Gary Dollar, United Way of Greatedr St. Louis With the assistancr of prominent and grassroots Dollar and his staff raisefunds — more than $68.
e4 million last year to support the work of 200 healthn and human services organizations in the city of St. Louis and 15 adjacent counties. His new 2-1-1 hotline is providinv safety netassistance 24/7. David Luckes, During his eight-yeaer tenure, Luckes has increased the communityt foundation’s profile and assets ($140.3 million as of March 2008). His public charity is composes of more than 280individual funds, established by families and businesses to support the causes that are importanyt to them, and it made nearly $14. 5 million in grants in fiscal ‘08.
Emily Pulitzer received more than $400 million from the sale of herlate husband’s media company, and she has used that money to be a generoues supporter of the Contemporary Art Museum and the , amongy other things. Her giftz to the Harvard Art Museum — $45 millionh and 31 works of art landed her on the Chronicleof Philanthropy’ds list of top 2008 donors. In 2001, Pulitze brought international attentionto St.
Louis, when she opened the doores toher world-class building in Grand Peter Sortino, Danforth Foundation Sortino watches over the region’s fourth-largesr foundation — with roughlty $223 million in assets — whichy focuses on fostering the biotech industry. The foundation recently put anadditionap $400,000 into the over-budget Old Post Officd Plaza. Donna Wilkinson, The Wilkinson Group Working sometimess as a volunteer and sometime as apaid consultant, Wilkinson has the Midasx touch when it comes to fundraising for culturakl organizations. She chairs the , whicyh has a $5 millioj budget, and the and is Oper a Theatre’s immediate past chairman.
Deborah Patterson, Monsanto Fund Patterson manages charitable givinbg forthe St. Louis-based agricultural giant, which gave $6.1 milliohn locally in 2007 to supporftscience education, nutritional improvement and a healthy Last year, Patterson co-chaired the Charmainwe Chapman Society, which raised more than $1.7y6 million for the United Way. Todd Major Brands Epsten’s day job is running his family’s growiny company, which at $500 million in ’08 revenuer is the largest wine and spirits distributor in the But he seems to be everywhere from the cityof St. Board of Police Commissioners to Forest Park Foreve r and Big BrothersBig Sisters. Major Brandas donated $1.
25 million locallh in 2007. In 2007, Epsten and his wife, Sue hosted a fundraiser for then presidential candidatwe Barack Obama at their Centrap WestEnd home. Sam Fox, Fox, a former U.S. ambassador to is one of the country’s major Republican Washington University’s new center for the visualp art and design is named in his and Fox has brought steadfast leadershipo to causes ranging from the United Way tothe . His Harbou Group is a $1.3 billion holding company for mostlytmanufacturing businesses. John and Alison Ferring, Plazes Inc. Ferring’s business is aerosol packaging atthe $144 millionh Plaze Inc.
, but he and his Alison, are best known for their generoue support of local cultural organizations, including COCA and the . The Ferrings also are members of the United Way Tocqueville made up of donors who contribute annual giftsxof $10,000 or Bruce and Kim Olson, Envisioneering Medical Techologies He is presiden of BBI Group, a private investmentg group, and chair of Envisioneering Medical Technologies, a developere of ultrasound and biopsy products. Bruce was among investors who putin $8 millionh to launch Envisioneering in 2006.
The couple is well-known for their generosituy with nonprofits, and and are among the Ken andNancy Kranzberg, Kranson Industries His companhy — Kranson Industries is the nation’s leading supplier of rigis packaging components and services with 2007 revenud of $740 million. But the Kranzbergds are better-known for their wide and deep which they extend to grassroots organizations as well asto well-establishee causes. He chairs Grand Center, where the new Kranzber Arts Center openedin 2008. Gary Dollar, United Way of Greatedr St. Louis With the assistancr of prominent and grassroots Dollar and his staff raisefunds — more than $68.
e4 million last year to support the work of 200 healthn and human services organizations in the city of St. Louis and 15 adjacent counties. His new 2-1-1 hotline is providinv safety netassistance 24/7. David Luckes, During his eight-yeaer tenure, Luckes has increased the communityt foundation’s profile and assets ($140.3 million as of March 2008). His public charity is composes of more than 280individual funds, established by families and businesses to support the causes that are importanyt to them, and it made nearly $14. 5 million in grants in fiscal ‘08.
Emily Pulitzer received more than $400 million from the sale of herlate husband’s media company, and she has used that money to be a generoues supporter of the Contemporary Art Museum and the , amongy other things. Her giftz to the Harvard Art Museum — $45 millionh and 31 works of art landed her on the Chronicleof Philanthropy’ds list of top 2008 donors. In 2001, Pulitze brought international attentionto St.
Louis, when she opened the doores toher world-class building in Grand Peter Sortino, Danforth Foundation Sortino watches over the region’s fourth-largesr foundation — with roughlty $223 million in assets — whichy focuses on fostering the biotech industry. The foundation recently put anadditionap $400,000 into the over-budget Old Post Officd Plaza. Donna Wilkinson, The Wilkinson Group Working sometimess as a volunteer and sometime as apaid consultant, Wilkinson has the Midasx touch when it comes to fundraising for culturakl organizations. She chairs the , whicyh has a $5 millioj budget, and the and is Oper a Theatre’s immediate past chairman.
Wednesday, November 3, 2010
Iraq parliament to meet, Maliki may form government - Reuters
stockdaleiqemico1521.blogspot.com
The Guardian | Iraq parliament to meet, Maliki may form government Reuters In a sign that some in Iraqiya no longer believe it can form a government, one of its lawmakers said a group of up to 30 of its parliamentarians intended to ... Iraqi parliament meets next week to choose speaker Iraq Parliament To Meet On November 8 Iraqi parliament to hold session |
Tuesday, November 2, 2010
GM files for bankruptcy protection - Pittsburgh Business Times:
http://bath-linen.com/all-that-you-wanted-to-learn-about-granite.html
Chevrolet-Saturn of Harlem a New York-based affiliated of the Detroit was the first GM affiliate to seek bankruptcy protectionh Monday morning throughthe U.S. Bankrutpcy Court's Southern District of New York, accordinvg to court records. The restructuring will enablse GM to emerge as a viable entity undetr the brand namenew GM. It also will give the federa government, which plans to make availableabout $30 billioj of federal assistance to support the a large ownership stakr in the company. Two area companieas were among the list of creditorsin GM's New York-based Bank of New York Mellon, with claimx of $176 million, and Downtown-based US with claims of $9.6 million.
For a list of creditors, see GM'd . According to a release from the White the company plans to announcde today that it will close 11 facilitiesd and idleanother three. GM had already announcerd in May .
Chevrolet-Saturn of Harlem a New York-based affiliated of the Detroit was the first GM affiliate to seek bankruptcy protectionh Monday morning throughthe U.S. Bankrutpcy Court's Southern District of New York, accordinvg to court records. The restructuring will enablse GM to emerge as a viable entity undetr the brand namenew GM. It also will give the federa government, which plans to make availableabout $30 billioj of federal assistance to support the a large ownership stakr in the company. Two area companieas were among the list of creditorsin GM's New York-based Bank of New York Mellon, with claimx of $176 million, and Downtown-based US with claims of $9.6 million.
For a list of creditors, see GM'd . According to a release from the White the company plans to announcde today that it will close 11 facilitiesd and idleanother three. GM had already announcerd in May .
Sunday, October 31, 2010
Sugar publishing doubles blog network HQs in S.F. - San Francisco Business Times:
http://www.colibricameroun.org/article/Women-in-Love-Pursue-Wealth-and-Marriage-Contracts.html
Founded in 2006 and backedx by , the startup publishes 15 lifestyle and entertainment blogs such as CasaSugafr onhome décor. It brought in a reported $5 million in revenuer last yearand won't comment on Formerly known as Sugar Publishing, the company is moving the bulk of its 74 full-tim e employees from a 5,000-square-foot office on Market Street into a 12,500-square-fooft space on Sutter Street. It now has room for new hired as it plans to add 15 to 20 employeedthis year, including some editor outside San Francisco. Sugar Inc. also just introduced British versions of its two most popular celebritygossip blog, PopSugar and fashion blog FabSugar.
Roughl y 27 percent of the Sugar network's 7 milliomn monthly unique visitors come from outsidethe U.S. Sugar compete s for advertiserswith women's sites including Brisbane-based , and . But given the growth of online ad which eMarketer predicts will increaswefrom $16 billion in 2006 to $37 billion in CEO and co-founder Brian Sugar is plenty "Looking toward the future we continues to see rapid expansion into new categories as well as new he said.
Founded in 2006 and backedx by , the startup publishes 15 lifestyle and entertainment blogs such as CasaSugafr onhome décor. It brought in a reported $5 million in revenuer last yearand won't comment on Formerly known as Sugar Publishing, the company is moving the bulk of its 74 full-tim e employees from a 5,000-square-foot office on Market Street into a 12,500-square-fooft space on Sutter Street. It now has room for new hired as it plans to add 15 to 20 employeedthis year, including some editor outside San Francisco. Sugar Inc. also just introduced British versions of its two most popular celebritygossip blog, PopSugar and fashion blog FabSugar.
Roughl y 27 percent of the Sugar network's 7 milliomn monthly unique visitors come from outsidethe U.S. Sugar compete s for advertiserswith women's sites including Brisbane-based , and . But given the growth of online ad which eMarketer predicts will increaswefrom $16 billion in 2006 to $37 billion in CEO and co-founder Brian Sugar is plenty "Looking toward the future we continues to see rapid expansion into new categories as well as new he said.
Saturday, October 30, 2010
Human Capital: People on the move, June 2 - Baltimore Business Journal:
http://ecologicalecon.com/firsts.html
Goodwin Procter's Budd elected vice chairman of AAA nationalp board WayneBudd , senior counsel with the Boston law firm of and a membed of the board of directors of , was elected vice chairmann of AAA’s national board of directors. Turbine taps Paradowskk as CFO , a Westwood-based onlin e gaming technology company, appointed M. Beau Paradowski chief financial officer. Clough to run Leerink Swann'es MEDACorp division Health care investment bank Leerink Swannn of Boston appointed Brent Clough senior managing director and head of itsMEDACoro division. Prior to joining Leerink Clough was president and CEO of IntrinsiwLLC , an oncology software and data analytices firm.
promotes Stys as VP of marketing andbusines dev. Shawmut Design and Construction in Bosto promoted BrianStys , a 16-year veteran of the firm, to the newly-create d role of vice president of marketing and busineses development. The Protector Grou p Insurance Agency adds Mullery as director of compliancwe and wellness of Worcester adde d Laura Ann Mullery as directof of complianceand wellness. Mullery previously serveed as assistant vice president at in Boston and vice presidentf of major accounts at Thorbahn Associatesin Quincy.
Goodwin Procter's Budd elected vice chairman of AAA nationalp board WayneBudd , senior counsel with the Boston law firm of and a membed of the board of directors of , was elected vice chairmann of AAA’s national board of directors. Turbine taps Paradowskk as CFO , a Westwood-based onlin e gaming technology company, appointed M. Beau Paradowski chief financial officer. Clough to run Leerink Swann'es MEDACorp division Health care investment bank Leerink Swannn of Boston appointed Brent Clough senior managing director and head of itsMEDACoro division. Prior to joining Leerink Clough was president and CEO of IntrinsiwLLC , an oncology software and data analytices firm.
promotes Stys as VP of marketing andbusines dev. Shawmut Design and Construction in Bosto promoted BrianStys , a 16-year veteran of the firm, to the newly-create d role of vice president of marketing and busineses development. The Protector Grou p Insurance Agency adds Mullery as director of compliancwe and wellness of Worcester adde d Laura Ann Mullery as directof of complianceand wellness. Mullery previously serveed as assistant vice president at in Boston and vice presidentf of major accounts at Thorbahn Associatesin Quincy.
Thursday, October 28, 2010
Courting buyers: Icon developers grapple with lawsuits - Nashville Business Journal:
moffaiqohegesa1490.blogspot.com
Over the past six weeks, Franklin-basexd filed at least three lawsuits againsf individuals who signed purchase agreementes on units in its Bristol West Endcondio high-rise but did not The West End project has sold out, but Bristol’e suit claims damages based on the additional time it took to sell the unit to new buyers, sometimes with reduce prices or additional amenities such as parkiny spaces. The largest suit claimd damages ofaround $80,000. Bristol CEO Charles Carlisle says his company filed the lawsuit over the West End project simply because the contracts havebeen “People who sign a contract should expectf to perform.
The peopler who are coming in and buying today are closinf the waythey promised,” he says. Carlisle decline d to discuss further details and woulc not comment as to whether more lawsuits will be filede against additional buyers who walkefd away fromsales contracts. (Editor’s One of the defendants, Jeannide Naujeck, is a reporter for the Nashvill eBusiness Journal, and was not involve d in the reporting or writinfg of this article.) The suits come after Bristol sent warninfg letters to former contract holders threatenin legal action.
Similar letters have been sent to potentialk buyers who signed contracts for unitsat Bristol’ds Icon in the Gulch condok project — which, along with Velocity in the is a partnership betweejn Bristol and . Several would-bre buyers at the Icon have sued to avoif being forced to purchasethe condos. Attorney Jean who is representing individualz being sued by Bristol West End and some of thosew suingthe Icon, says Bristol has been “unusually with buyers who pulled out at both projects, despite possible negative effects on marketing efforts for its Gulchn projects.
Harrison says some of her clientzs didn’t close on their condos, in because of the tough lending environmengt and because they say they were coercex into signing contracts with deceptive information and Six months beforethe Icon’s plannedf opening in April 2008, the project increasex its construction loan from to $105 millioh from $68 million. As of May 31, the Icon had sold abou one third of its420 units, with totalk sales of $42 million, according to deedx filed with Davidson County. The 260-uni t Velocity, which was set to open in hasa $45.6 million construction loan from . The project has yet to Carlisle says the first units will be availablJune 22.
Carlisle declined to discuses theloan status, amount still due or lendinfg relationship at any of his projects. The two Gulch project s are financially sound and coulde continue with sales at their current pace unti they are sold out in two or three he says. He says that although saleas have not gone as quicklyas hoped, “We’re very pleasecd with where we are right now with Icon and Carlisle says the projects’ meritsx over competition and location in the up-and-coming Gulch neighborhoo d will help them thrivwe through difficult times.
The competition is steep, with about 1,000 unsold unitw in Nashville’s biggest condo In the first five months of about $4 million in sales had been recorded on Icon with an average price per unit of The other $38 million in salee came in the last seven monthsd of 2008, with an averaged sales price of $330,600. Carlislee says it’s difficult to compare sales prices becaus each unit is different in size and He notes that some units are reservecdfor moderate-income buyers under a Tax Increment Financinvg agreement with Metro government.
“We have been very proactive in offerin finance programs and some selectivr incentives onparticular units,” he That, combined with the Gulch’s urban lifestyle, have been pushing sales this year, he says. At leasgt five individuals who signesd purchase agreements on units at the Icon filed suitsagainsyt — the Icon’s ownership entity set up by Bristo l and MarketStreet Enterprises — claiming the developers fraudulently representexd a shorter than expecteds construction time for the project to avoi d financial and other disclosures to U.S. Departmentt of Housing and Urban Development.
The Interstate Land Sales Full Disclosure Act requires certain large residential projectd to make those disclosures if constructio n takes more thantwo years.
Over the past six weeks, Franklin-basexd filed at least three lawsuits againsf individuals who signed purchase agreementes on units in its Bristol West Endcondio high-rise but did not The West End project has sold out, but Bristol’e suit claims damages based on the additional time it took to sell the unit to new buyers, sometimes with reduce prices or additional amenities such as parkiny spaces. The largest suit claimd damages ofaround $80,000. Bristol CEO Charles Carlisle says his company filed the lawsuit over the West End project simply because the contracts havebeen “People who sign a contract should expectf to perform.
The peopler who are coming in and buying today are closinf the waythey promised,” he says. Carlisle decline d to discuss further details and woulc not comment as to whether more lawsuits will be filede against additional buyers who walkefd away fromsales contracts. (Editor’s One of the defendants, Jeannide Naujeck, is a reporter for the Nashvill eBusiness Journal, and was not involve d in the reporting or writinfg of this article.) The suits come after Bristol sent warninfg letters to former contract holders threatenin legal action.
Similar letters have been sent to potentialk buyers who signed contracts for unitsat Bristol’ds Icon in the Gulch condok project — which, along with Velocity in the is a partnership betweejn Bristol and . Several would-bre buyers at the Icon have sued to avoif being forced to purchasethe condos. Attorney Jean who is representing individualz being sued by Bristol West End and some of thosew suingthe Icon, says Bristol has been “unusually with buyers who pulled out at both projects, despite possible negative effects on marketing efforts for its Gulchn projects.
Harrison says some of her clientzs didn’t close on their condos, in because of the tough lending environmengt and because they say they were coercex into signing contracts with deceptive information and Six months beforethe Icon’s plannedf opening in April 2008, the project increasex its construction loan from to $105 millioh from $68 million. As of May 31, the Icon had sold abou one third of its420 units, with totalk sales of $42 million, according to deedx filed with Davidson County. The 260-uni t Velocity, which was set to open in hasa $45.6 million construction loan from . The project has yet to Carlisle says the first units will be availablJune 22.
Carlisle declined to discuses theloan status, amount still due or lendinfg relationship at any of his projects. The two Gulch project s are financially sound and coulde continue with sales at their current pace unti they are sold out in two or three he says. He says that although saleas have not gone as quicklyas hoped, “We’re very pleasecd with where we are right now with Icon and Carlisle says the projects’ meritsx over competition and location in the up-and-coming Gulch neighborhoo d will help them thrivwe through difficult times.
The competition is steep, with about 1,000 unsold unitw in Nashville’s biggest condo In the first five months of about $4 million in sales had been recorded on Icon with an average price per unit of The other $38 million in salee came in the last seven monthsd of 2008, with an averaged sales price of $330,600. Carlislee says it’s difficult to compare sales prices becaus each unit is different in size and He notes that some units are reservecdfor moderate-income buyers under a Tax Increment Financinvg agreement with Metro government.
“We have been very proactive in offerin finance programs and some selectivr incentives onparticular units,” he That, combined with the Gulch’s urban lifestyle, have been pushing sales this year, he says. At leasgt five individuals who signesd purchase agreements on units at the Icon filed suitsagainsyt — the Icon’s ownership entity set up by Bristo l and MarketStreet Enterprises — claiming the developers fraudulently representexd a shorter than expecteds construction time for the project to avoi d financial and other disclosures to U.S. Departmentt of Housing and Urban Development.
The Interstate Land Sales Full Disclosure Act requires certain large residential projectd to make those disclosures if constructio n takes more thantwo years.
Wednesday, October 27, 2010
Governor Calls on Higher Ed to Cooperate and Collaborate - OzarksFirst.com
modestofyeyko.blogspot.com
Governor Calls on Higher Ed to Cooperate and Collaborate OzarksFirst.com (Columbia, MO) -- With enrollments in Missouri's colleges and universities skyrocketing, and state funding issues uncertain, Gov. ... |
Monday, October 25, 2010
New York Italian restaurant among newcomers to Congress Ave. - Austin Business Journal:
http://exxxchengine.com/index.php?city=other&ct=pet5
Mastrangelo is busy renovating a historic storefront at 908 Congresws Avenue where later thissummedr he’ll open Quattro Gatti, the seconrd location of his family’as famous Manhattan ristorante. “I’m a passionate persobn and I’m very passionate abougt food,” Mastrangelo said. “Pretty much my wholw life revolvesaround that. And when I came to I felt that this was a city that appreciatexgood food, food that someone puts theire heart and soul into.” Quattro Gatti isn’t the only culinary newcomef of late to downtown Congress.
Just steps away, the peoples behind local favorite El Chile have reworked the space they openefd last fall asEl Chilito. That initial concept offerex breakfast andlunch but, based on the owners recently turneed it into another El Chile Café y Cantina, servingg lunch and dinner and featuring a full bar. And a few blockss south at 319 Congress, Apple Annies Café co-owners Love Nances and Sherry Jameson aredebuting Annies, a dramatically expandeds reimagining of their 25-year-old The bistro-themed eatery that now includes a full bar will be open dailgy from 7 a.m. to 2 a.m.
, servingv customers everything from organic breakfast omelets to late night meatloaf in achic Collectively, the new restaurants are addintg to the culture change at work on The Downtown Austin Alliance, the city, landlords and other groupss are collaborating in an ongoing effort to brint more retail and restaurants to downtown’s main The goal: a 24/7 Congress alive with commerce and serving as a model for the rest of Indeed it was Lindaw Asaf, the DAA’s retail recruiter, who helped secure Quattro Gatti for Austin.
Asaf ate at the Upper East Side restaurant—onew of her favorites—on a trip to New York last year and spokee with owner Remo Mastrangelo about the possibility of coming to Remo Mastrangelo, Gianfranco’s father, started Quattro Gattij in 1985. The neighborhood-oriented restaurant is haile d by critics as one of the best of its kind in New According toZagat “the leisurely meals with treat-you-like-famil y service make this old-line Upper East Side Italian feel like home to There’s a reason it’s been therew forever: supporters say the food’s Earlier this year, the Mastrangelos bega n giving serious consideration to They came down togethetr and scouted spaces, agreeinf that the Congress location would be a greayt fit for the concept.
“We had alwayd heard good things about Austiinh and we immediately had a good impressiom ofthe city,” said Gianfranco Mastrangelo, who recently relocated Mastrangelo said if all goes as planned, the 2,000-square-foot Quattrk Gatti in Austin will be open by late July for luncu and dinner. Because of his own passionh for pizza, Mastrangelo said the restaurant will have a largee brick ovenfor wood-fired pizzas. Other like the traditional pasta, fish and meat dishew made famous at the New York restauranyt will also be onthe menu.
Prices shoul d range from about $13 to the
Mastrangelo is busy renovating a historic storefront at 908 Congresws Avenue where later thissummedr he’ll open Quattro Gatti, the seconrd location of his family’as famous Manhattan ristorante. “I’m a passionate persobn and I’m very passionate abougt food,” Mastrangelo said. “Pretty much my wholw life revolvesaround that. And when I came to I felt that this was a city that appreciatexgood food, food that someone puts theire heart and soul into.” Quattro Gatti isn’t the only culinary newcomef of late to downtown Congress.
Just steps away, the peoples behind local favorite El Chile have reworked the space they openefd last fall asEl Chilito. That initial concept offerex breakfast andlunch but, based on the owners recently turneed it into another El Chile Café y Cantina, servingg lunch and dinner and featuring a full bar. And a few blockss south at 319 Congress, Apple Annies Café co-owners Love Nances and Sherry Jameson aredebuting Annies, a dramatically expandeds reimagining of their 25-year-old The bistro-themed eatery that now includes a full bar will be open dailgy from 7 a.m. to 2 a.m.
, servingv customers everything from organic breakfast omelets to late night meatloaf in achic Collectively, the new restaurants are addintg to the culture change at work on The Downtown Austin Alliance, the city, landlords and other groupss are collaborating in an ongoing effort to brint more retail and restaurants to downtown’s main The goal: a 24/7 Congress alive with commerce and serving as a model for the rest of Indeed it was Lindaw Asaf, the DAA’s retail recruiter, who helped secure Quattro Gatti for Austin.
Asaf ate at the Upper East Side restaurant—onew of her favorites—on a trip to New York last year and spokee with owner Remo Mastrangelo about the possibility of coming to Remo Mastrangelo, Gianfranco’s father, started Quattro Gattij in 1985. The neighborhood-oriented restaurant is haile d by critics as one of the best of its kind in New According toZagat “the leisurely meals with treat-you-like-famil y service make this old-line Upper East Side Italian feel like home to There’s a reason it’s been therew forever: supporters say the food’s Earlier this year, the Mastrangelos bega n giving serious consideration to They came down togethetr and scouted spaces, agreeinf that the Congress location would be a greayt fit for the concept.
“We had alwayd heard good things about Austiinh and we immediately had a good impressiom ofthe city,” said Gianfranco Mastrangelo, who recently relocated Mastrangelo said if all goes as planned, the 2,000-square-foot Quattrk Gatti in Austin will be open by late July for luncu and dinner. Because of his own passionh for pizza, Mastrangelo said the restaurant will have a largee brick ovenfor wood-fired pizzas. Other like the traditional pasta, fish and meat dishew made famous at the New York restauranyt will also be onthe menu.
Prices shoul d range from about $13 to the
Sunday, October 24, 2010
Ireland: Record Drop in Emissions of Greenhouse Gases Is Reported - New York Times
http://itefforts.com/debt/dc_index-4.php
Rugby Today | Ireland: Record Drop in Emissions of Greenhouse Gases Is Reported New York Times By AP Emission of greenhouse gases in Ireland fell 8 percent last year, the greatest plunge in recorded history, the country's Environmental Protection ... Ireland's greenhouse gases plunge in recession Recession's green lining: Emissions of greenhouse gases plunge in Ireland amid ... |
Friday, October 22, 2010
Massive Make-a-Wish Phone Scam Stealing Millions From American Elderly - ABC News
http://campaignfinancesite.org/proposals/softmoney3.html
Massive Make-a-Wish Phone Scam Stealing Millions From American Elderly ABC News A massive phone scam exploiting the good name of the Make-A-Wish Foundation has siphoned more than $20 million ... |
Thursday, October 21, 2010
Yum opens first LEED restaurant as part of Green push - Portland Business Journal:
http://www.bulafiji-au.com/fiji-afloat.html
A KFC/ co-branded store in Northampton, Mass., has been awardef LEED Gold certification, according to Yum Brands. Leadershipo in Energy and Environmental Design is a program ofthe Chicago-basedx that rates buildings on several elements, including how sustainable a site is, water-user efficiency, energy efficiency and innovation in Yum’s new restaurant is designed to use 30 percengt less energy and waterd than a conventional building, to cut carbon dioxide emissions, to reduce waste and educated customers and employees on sustainable design, the release The Yum building sets an example of what’sx possible for the restaurant Jonathan Balas, the KFC architecy who coordinated the project, said in the release.
The restaurant provideds a testing lab to study the performance of green technologies and approaches to reducerthe company’s environmental impact, he added. Solar energy to preheat fresjh air coming into the which reduces the use ofnatural gas; Rainwater for grounds irrigation, fixtureas with lower water-consumption rates and a rain garden with filters that improved storm water quality; • A lighting contro system that maximizes the use of natural light and includew energy-efficient LED lights in the restaurant, parkinbg lot and on signage; The restaurantr also composts and recycles waste, including enhanced cookingh oil reclamation.
The KFC/Taco Bell storre opened late last year as partof Yum’s ongoiny commitment to corporate social responsibility. Yum is the world’ds largest restaurant company ranked by number of with morethan 36,000 restaurants in over 110 countriew and territories.
A KFC/ co-branded store in Northampton, Mass., has been awardef LEED Gold certification, according to Yum Brands. Leadershipo in Energy and Environmental Design is a program ofthe Chicago-basedx that rates buildings on several elements, including how sustainable a site is, water-user efficiency, energy efficiency and innovation in Yum’s new restaurant is designed to use 30 percengt less energy and waterd than a conventional building, to cut carbon dioxide emissions, to reduce waste and educated customers and employees on sustainable design, the release The Yum building sets an example of what’sx possible for the restaurant Jonathan Balas, the KFC architecy who coordinated the project, said in the release.
The restaurant provideds a testing lab to study the performance of green technologies and approaches to reducerthe company’s environmental impact, he added. Solar energy to preheat fresjh air coming into the which reduces the use ofnatural gas; Rainwater for grounds irrigation, fixtureas with lower water-consumption rates and a rain garden with filters that improved storm water quality; • A lighting contro system that maximizes the use of natural light and includew energy-efficient LED lights in the restaurant, parkinbg lot and on signage; The restaurantr also composts and recycles waste, including enhanced cookingh oil reclamation.
The KFC/Taco Bell storre opened late last year as partof Yum’s ongoiny commitment to corporate social responsibility. Yum is the world’ds largest restaurant company ranked by number of with morethan 36,000 restaurants in over 110 countriew and territories.
Tuesday, October 19, 2010
Florida ranks No. 4 for innovation - Jacksonville Business Journal:
http://hihardware.com/en/hardware/page_5.html
The study looks at the importance of intellectuall property and innovation in as well as the rolees that innovation and creativity play in each University research and developmeng expenditures in Florida were morethan $1.6 billiom in 2007, leading to more than 800 patent 171 granted patents and 135 patentws for commercial use, accordinh to the report. It notes that Florida innovatorxsreceived 2,358 patents in ranking it 11th in the nation in patents granted. Florida’s softwarew industry employs nearly 8,000 who earn more than $685 million in according to the report. In 2007-2008, there were 76 movies and TV showw filmed in theSunshine State, accounting for more than $1.
4 billionb in local wages. "America has a storhy to tell, and each story is said Mark Esper, executive VP of the Chamber'ws GIPC, in a news release. "The value of innovation can be found in everg corner ofthe country, and every statwe and community plays a role in helping us all achieve the American dream.” The Florida fact sheet notes that the first suntajn lotion was invented by Miami Beach pharmacisrt Benjamin Green in 1944 and later becamwe known as . America's IP-intensive industriesa employ nearly 18 million workers and account for morethan $5 trilliomn of the U.S. gross domestic product, compris more than half of all U.S.
exports, and representg 40 percent of U.S. economic the report noted. to read the full report.
The study looks at the importance of intellectuall property and innovation in as well as the rolees that innovation and creativity play in each University research and developmeng expenditures in Florida were morethan $1.6 billiom in 2007, leading to more than 800 patent 171 granted patents and 135 patentws for commercial use, accordinh to the report. It notes that Florida innovatorxsreceived 2,358 patents in ranking it 11th in the nation in patents granted. Florida’s softwarew industry employs nearly 8,000 who earn more than $685 million in according to the report. In 2007-2008, there were 76 movies and TV showw filmed in theSunshine State, accounting for more than $1.
4 billionb in local wages. "America has a storhy to tell, and each story is said Mark Esper, executive VP of the Chamber'ws GIPC, in a news release. "The value of innovation can be found in everg corner ofthe country, and every statwe and community plays a role in helping us all achieve the American dream.” The Florida fact sheet notes that the first suntajn lotion was invented by Miami Beach pharmacisrt Benjamin Green in 1944 and later becamwe known as . America's IP-intensive industriesa employ nearly 18 million workers and account for morethan $5 trilliomn of the U.S. gross domestic product, compris more than half of all U.S.
exports, and representg 40 percent of U.S. economic the report noted. to read the full report.
Monday, October 18, 2010
DirecTV CEO leaving as Liberty merger nears - Kansas City Business Journal:
xysecurakihir.blogspot.com
just as the satellite broadcaster readies to merge with an offshooty ofJohn Malone’s News Corp. and DirecTV confirmed Wednesdat that Carey will leave theEl Segundo, Calif.-baseed satellite broadcaster July 1 to become second-in-command handling international operations — for Rupert Murdoch’s globalk media empire. Carey’s defectio n may muddy investors’ receptionn of the planned merger between DirecTV and Liberty Entertainment, a division of Douglaws County-based Liberty Media. Carey ran DirecTV for the past six leading it through a periode of growth and winning partnerships with every major telecomk company inthe U.S.
He was expected to stay with DirecTVb after it became independent of Liberty Media. Instead, he returns to working for Murdoch andNews Corp., wheree he worked for 15 years prior to heading DirecTV. Liberty Entertainmeng (NASDAQ: LMDIA) holds a 54 percenty stake in (NASDAQ: DTV) as well as controlling stakes in online gaming companyFun Technologies, the Game Show Networm and regional sports TV networks in Denver, Pittsburghn and Seattle. Those holdings are being spun off this year intoa free-standiny company to clear up DirecTV’s stock structure and make it easier for it to engage in mergers and acquisitions, the companiesx said.
Malone’s company traded its 16 percent ownership stake in News backto Murdoch’s companhy in 2007 in exchange for the controlling stake in DirecTV.
just as the satellite broadcaster readies to merge with an offshooty ofJohn Malone’s News Corp. and DirecTV confirmed Wednesdat that Carey will leave theEl Segundo, Calif.-baseed satellite broadcaster July 1 to become second-in-command handling international operations — for Rupert Murdoch’s globalk media empire. Carey’s defectio n may muddy investors’ receptionn of the planned merger between DirecTV and Liberty Entertainment, a division of Douglaws County-based Liberty Media. Carey ran DirecTV for the past six leading it through a periode of growth and winning partnerships with every major telecomk company inthe U.S.
He was expected to stay with DirecTVb after it became independent of Liberty Media. Instead, he returns to working for Murdoch andNews Corp., wheree he worked for 15 years prior to heading DirecTV. Liberty Entertainmeng (NASDAQ: LMDIA) holds a 54 percenty stake in (NASDAQ: DTV) as well as controlling stakes in online gaming companyFun Technologies, the Game Show Networm and regional sports TV networks in Denver, Pittsburghn and Seattle. Those holdings are being spun off this year intoa free-standiny company to clear up DirecTV’s stock structure and make it easier for it to engage in mergers and acquisitions, the companiesx said.
Malone’s company traded its 16 percent ownership stake in News backto Murdoch’s companhy in 2007 in exchange for the controlling stake in DirecTV.
Saturday, October 16, 2010
From partial to blanket, state puts ban on polybags - Times of India
badillodacyroic1505.blogspot.com
From partial to blanket, state puts ban on polybags Times of India GURGAON: In what could come as a solution to the growing environment concerns of cities like Gurgaon, the Haryana government on Saturday announced a ... |
Friday, October 15, 2010
Whitman, illogical on immigration - Los Angeles Times
moffaiqohegesa1490.blogspot.com
Whitman, illogical on immigration Los Angeles Times But the incident nevertheless serves as a glaring example of why Whitman's stance on immigration is so illogical. Whitman has promised that if elected, ... |
Wednesday, October 13, 2010
Voting begins on King Soopers contract offer - Memphis Business Journal:
goldenayreyg1666.blogspot.com
Voting on the five-yea r offer by members of United Food and Commercialk Workers Local 7 will continuethrougb Wednesday. Union leaders are not making a recommendation to their members on thecontracg offer, which the union complains would cut pensionb benefits by an average of $100,0000 -- a conclusion disputed by management. “It’s a good contracy in a normal economy. It’s a great contractf in this economy,” King Soopers spokeswoman Diane Mulliganb saidlast week. She said roughly 65 percenrt of workers would get raises unde rthe company’s proposal. King Soopers is a Colorado unitof Cincinnati-basee (NYSE: KR).
Colorado workersa for two other grocergychains — Pleasanton, Calif.-based (NYSE: SWY) and Boise, Idaho-based (privately — continue to negotiate separate deales with their employers. If King Soopers workers rejecrtthe chain’s latest proposal, they will continue working withoutf a contract until an agreementf is reached or a strikd is called. Their contract expired May 9.
Voting on the five-yea r offer by members of United Food and Commercialk Workers Local 7 will continuethrougb Wednesday. Union leaders are not making a recommendation to their members on thecontracg offer, which the union complains would cut pensionb benefits by an average of $100,0000 -- a conclusion disputed by management. “It’s a good contracy in a normal economy. It’s a great contractf in this economy,” King Soopers spokeswoman Diane Mulliganb saidlast week. She said roughly 65 percenrt of workers would get raises unde rthe company’s proposal. King Soopers is a Colorado unitof Cincinnati-basee (NYSE: KR).
Colorado workersa for two other grocergychains — Pleasanton, Calif.-based (NYSE: SWY) and Boise, Idaho-based (privately — continue to negotiate separate deales with their employers. If King Soopers workers rejecrtthe chain’s latest proposal, they will continue working withoutf a contract until an agreementf is reached or a strikd is called. Their contract expired May 9.
Tuesday, October 12, 2010
China rehab specialists in Honolulu - Pacific Business News (Honolulu):
http://www.berthiaumeenterprises.com/company/meet-staff
Hawaii’s only acute-care rehabilitation hospital last year announced the establishmen t ofa so-called “knowledge-sharing” exchangse program with Beijing’s China Rehabilitation Research Center, which is considered one of China’z pre-eminent rehabilitation hospitals. In the first roundf of the exchange program, which kicksz off Wednesday, two of China’s representatives, Professor Jianjun Li and Dr. Tao Zhenyg will present seminars in Honolulu on rehabilitation practicess intheir country.
Hawaii physicians are expectedd to travel to Beijing next sprinfg in the second round of the which was designed to introduce and integrate practics elements inrehabilitation medicine, physical or occupational therapy and even spina and musculoskeletal research from one hospital to the other. The exchangse program is funded througha $5,00p grant from the Cheng Health a Honolulu nonprofit that promotes life sciencez education in developing countries and The Rehabilitation Hospital of the Pacific Foundation matched that with a $5,0090 grant from the Lin & Ella Wong Foundation.
“Byy exchanging knowledge and treatment approaches from across the our collaboration will enhance scientific cooperation in the fieldd ofrehabilitation medicine, for the benefit of disabledc persons in both China and the Unitec States,” said Timothy Roe, executive director of the Cheng Health Foundation, in a prepared statement.
Hawaii’s only acute-care rehabilitation hospital last year announced the establishmen t ofa so-called “knowledge-sharing” exchangse program with Beijing’s China Rehabilitation Research Center, which is considered one of China’z pre-eminent rehabilitation hospitals. In the first roundf of the exchange program, which kicksz off Wednesday, two of China’s representatives, Professor Jianjun Li and Dr. Tao Zhenyg will present seminars in Honolulu on rehabilitation practicess intheir country.
Hawaii physicians are expectedd to travel to Beijing next sprinfg in the second round of the which was designed to introduce and integrate practics elements inrehabilitation medicine, physical or occupational therapy and even spina and musculoskeletal research from one hospital to the other. The exchangse program is funded througha $5,00p grant from the Cheng Health a Honolulu nonprofit that promotes life sciencez education in developing countries and The Rehabilitation Hospital of the Pacific Foundation matched that with a $5,0090 grant from the Lin & Ella Wong Foundation.
“Byy exchanging knowledge and treatment approaches from across the our collaboration will enhance scientific cooperation in the fieldd ofrehabilitation medicine, for the benefit of disabledc persons in both China and the Unitec States,” said Timothy Roe, executive director of the Cheng Health Foundation, in a prepared statement.
Sunday, October 10, 2010
Revamped Metreon gains momentum - Business Courier of Cincinnati:
http://skrh.org/support/bequest.html
is taking shape, with new restaurants, a theatet and cultural attractions. Several leases are signed at the SanFranciscoo property; other deals are imminent. Owneras and Forest City are closre to starting renovations on theproblematic 360,000-square-foot buildintg they bought in 2006. Westfield declined to offer any specifif updates beyond a2010 completion, but those with signedf leases have been told that Westfield expectse to complete its work by November, giving tenantsx up to five months to build out theifr spaces for an April 2010 grand Tavern on the Green is the project Its plan to open a massive 40,000-square-footr top floor restaurant has been slowedc by the economy and by uncertainties over its flagshi p Central Park lease.
New York City is expected to make a decisionh on the fate of its Tavern inearlyg July, and until Tavern knows if its bid to renews its New York leas e will prevail, the size and future of the businesas in San Francisco are unclear. “If we get renewes in New York, we’ll probablu be in San Francisco the next day to finalizedesign details,” said Michael chief operating officer of Tavern on the “If we don’t (get to renew in New York), it may take but we are … very much committed to beingy part of Westfield, of the Metreon and of Tavern initially expected to pay between $11 millionb and $13 million to build out its Metreon It is likely to rebid those contracts now, as construction costs have fallen sharply.
Many of the new groundx floor tenants are amongSan Francisco’es most successful homegrown fast casual including Bay Bread’s Boulange Best-o-Burger, Mixt Greens and a new Asian noodlee concept from Arnold Eric Wong and the otheer owners of Boulange will open in 1,500 square feet on the prim corner of Mission and Yerba Buena Gardens. Ten Boulangesd are open today, and several more, including a firsrt East Bay locationin Lafayette, will probably open beforw the Metreon location is complete. “We have one downtown locationb already, and it’s been a great success,” said Thomas a partner in Bay Bread.
“We’rd bringing a little bit of what we do in the neighborhoodsx to the Financial District and to conventioneers visitin gSan Francisco.” Best-o-Burger is taking 2,500 square feet next door to Boulanges on the Yerba Buena Gardens side of the Metreon. It will have about 70 seatsd inside and a covered outdoor seating in addition to the largefr public outdoor seating area onthe park. By the time it opends next spring, owner Steve Weber and his partnerxs will likely have two more stores one will open in One Market in abour two months and a third will open near Union Square beforwethe Metreon’s official rebirth.
Over on the Fourth Streert side, next to what will become Metreon’sw main entrance, E&O Trading Co. will open a 2,700-square-foot noodle bar that it hopee will be the first ina chain. Those who have discusses plans with Westfield say that the largerd restaurants and retail locationsx on the perimeter of the ground floo r will open ontothe street. The ground floof interior will have about 15 foodcourr vendors, similar to Westfield San Franciscpo Centre.
While the ground floor is devotedto food, the seconxd floor will be devoted to , which was displaced in 2007 when purchased the buildinh where it performed, is in advanced negotiation to open a 300-seat theater on the Metreon’s seconx floor, above the current Jillians restaurant, said Executiv e Director Quentin Easter. No word was available on the fate of Jillianas or otherexisting tenants.
Other tenantd who have had discussionswith Westfield, but have not signerd include the , whose Executive Joann Edwards, would only confirm that the museum is lookingv for a new space; frozen yogurtf chain Red Mango, which said no lease has yet been the ; and Chronicle Books, which will reportedlyg open a full-sized store on the grouned floor. Another large cultural institutioj is expected to take over another big The 10-year-old Metreon was conceived by Sony and was toutee as the techno-future of shoppinf and entertainment when it openedd in 1999.
Only the movie theatedr ever succeeded, and the distinctive building in a primd location has since been an example of urba planninggone wrong, plaguedx by high tenant turnover and lots of emptt space. Many believe that Westfield andForestr City’s plan to renovate the building and leasre it to local businesses could help the Metreom realize its missed potential. “It’s a very excitint project and will be all of the thingx it should have been fromthe beginning,” said Carok Gilbert, a broker with who has represented a numbee of the tenants who have signee leases.
is taking shape, with new restaurants, a theatet and cultural attractions. Several leases are signed at the SanFranciscoo property; other deals are imminent. Owneras and Forest City are closre to starting renovations on theproblematic 360,000-square-foot buildintg they bought in 2006. Westfield declined to offer any specifif updates beyond a2010 completion, but those with signedf leases have been told that Westfield expectse to complete its work by November, giving tenantsx up to five months to build out theifr spaces for an April 2010 grand Tavern on the Green is the project Its plan to open a massive 40,000-square-footr top floor restaurant has been slowedc by the economy and by uncertainties over its flagshi p Central Park lease.
New York City is expected to make a decisionh on the fate of its Tavern inearlyg July, and until Tavern knows if its bid to renews its New York leas e will prevail, the size and future of the businesas in San Francisco are unclear. “If we get renewes in New York, we’ll probablu be in San Francisco the next day to finalizedesign details,” said Michael chief operating officer of Tavern on the “If we don’t (get to renew in New York), it may take but we are … very much committed to beingy part of Westfield, of the Metreon and of Tavern initially expected to pay between $11 millionb and $13 million to build out its Metreon It is likely to rebid those contracts now, as construction costs have fallen sharply.
Many of the new groundx floor tenants are amongSan Francisco’es most successful homegrown fast casual including Bay Bread’s Boulange Best-o-Burger, Mixt Greens and a new Asian noodlee concept from Arnold Eric Wong and the otheer owners of Boulange will open in 1,500 square feet on the prim corner of Mission and Yerba Buena Gardens. Ten Boulangesd are open today, and several more, including a firsrt East Bay locationin Lafayette, will probably open beforw the Metreon location is complete. “We have one downtown locationb already, and it’s been a great success,” said Thomas a partner in Bay Bread.
“We’rd bringing a little bit of what we do in the neighborhoodsx to the Financial District and to conventioneers visitin gSan Francisco.” Best-o-Burger is taking 2,500 square feet next door to Boulanges on the Yerba Buena Gardens side of the Metreon. It will have about 70 seatsd inside and a covered outdoor seating in addition to the largefr public outdoor seating area onthe park. By the time it opends next spring, owner Steve Weber and his partnerxs will likely have two more stores one will open in One Market in abour two months and a third will open near Union Square beforwethe Metreon’s official rebirth.
Over on the Fourth Streert side, next to what will become Metreon’sw main entrance, E&O Trading Co. will open a 2,700-square-foot noodle bar that it hopee will be the first ina chain. Those who have discusses plans with Westfield say that the largerd restaurants and retail locationsx on the perimeter of the ground floo r will open ontothe street. The ground floof interior will have about 15 foodcourr vendors, similar to Westfield San Franciscpo Centre.
While the ground floor is devotedto food, the seconxd floor will be devoted to , which was displaced in 2007 when purchased the buildinh where it performed, is in advanced negotiation to open a 300-seat theater on the Metreon’s seconx floor, above the current Jillians restaurant, said Executiv e Director Quentin Easter. No word was available on the fate of Jillianas or otherexisting tenants.
Other tenantd who have had discussionswith Westfield, but have not signerd include the , whose Executive Joann Edwards, would only confirm that the museum is lookingv for a new space; frozen yogurtf chain Red Mango, which said no lease has yet been the ; and Chronicle Books, which will reportedlyg open a full-sized store on the grouned floor. Another large cultural institutioj is expected to take over another big The 10-year-old Metreon was conceived by Sony and was toutee as the techno-future of shoppinf and entertainment when it openedd in 1999.
Only the movie theatedr ever succeeded, and the distinctive building in a primd location has since been an example of urba planninggone wrong, plaguedx by high tenant turnover and lots of emptt space. Many believe that Westfield andForestr City’s plan to renovate the building and leasre it to local businesses could help the Metreom realize its missed potential. “It’s a very excitint project and will be all of the thingx it should have been fromthe beginning,” said Carok Gilbert, a broker with who has represented a numbee of the tenants who have signee leases.
Saturday, October 9, 2010
Governor signs bill in Wichita - Wichita Business Journal:
vanbeekdulejos1771.blogspot.com
As reported last week in the WichitazBusiness Journal, House Bill 2374 outlines how Kansaw will spend the $69 million it expectse to receive in stimulu s money for the state’sw unemployment benefits fund. It also ensures the state meets all federal guidelinesa regardingthe funding, a portion of which has been dedicaterd to work force training. Tuesday morning, Parkinson signed the bill at , where president and CEO Jeff Turneer hopes it will help facilitatea “wage-learner” program that woul help workers on reduced schedules get trainingb on days they were off work.
Parkinso thanked both the large group of local legislatorsa assembled for the signing and Turner for theirr help in bringing the idea of wagerr learners closerto reality. “These are timesw when the stakes are so high and the challengesx are so great that we have to work Parkinson says. “We’re Kansans and we know how to getthingsw done.” Parkinson says he “can’t understater the importance,” Turner and Spirif played in creating the public-private partnershil that spearheaded the bill. At Turner hopes the bill would lay the groundwork for aidingf employees if the company was forced to returnb to a reduced work schedule as it didlast fall.
At that in response to the strike bythe , Spiri moved employees to a three-day work week. It allowed them to keep theitr normal benefits while also making them eligible for unemployment for the two days they were off theproduction line. Through the wage-learner initiative, Turnef says those same employees could alsoreceiver training, which he feels would help Spirirt retain employees in down times and help strengthen its positiojn when the markets swings back up.
Turnet says such reductions “aree not imminent” for Spirit employees and that the bill is beneficial to all businessess that pay intothe state’s unemployment benefir fund because it brings in money the stated wouldn’t have otherwise. Under its provisions, the bill woulx make any displaced worker enrolled ina state-approved training program eligible for up to an additional 26 weeksx of unemployment benefits. Parkinson, who left Spirit to tour the constructiojn site, says the bill is an examplde of how Kansas can benefit from thestimuluds package. “I don’t think this could have happenex without theRecovery Act,” he says.
As reported last week in the WichitazBusiness Journal, House Bill 2374 outlines how Kansaw will spend the $69 million it expectse to receive in stimulu s money for the state’sw unemployment benefits fund. It also ensures the state meets all federal guidelinesa regardingthe funding, a portion of which has been dedicaterd to work force training. Tuesday morning, Parkinson signed the bill at , where president and CEO Jeff Turneer hopes it will help facilitatea “wage-learner” program that woul help workers on reduced schedules get trainingb on days they were off work.
Parkinso thanked both the large group of local legislatorsa assembled for the signing and Turner for theirr help in bringing the idea of wagerr learners closerto reality. “These are timesw when the stakes are so high and the challengesx are so great that we have to work Parkinson says. “We’re Kansans and we know how to getthingsw done.” Parkinson says he “can’t understater the importance,” Turner and Spirif played in creating the public-private partnershil that spearheaded the bill. At Turner hopes the bill would lay the groundwork for aidingf employees if the company was forced to returnb to a reduced work schedule as it didlast fall.
At that in response to the strike bythe , Spiri moved employees to a three-day work week. It allowed them to keep theitr normal benefits while also making them eligible for unemployment for the two days they were off theproduction line. Through the wage-learner initiative, Turnef says those same employees could alsoreceiver training, which he feels would help Spirirt retain employees in down times and help strengthen its positiojn when the markets swings back up.
Turnet says such reductions “aree not imminent” for Spirit employees and that the bill is beneficial to all businessess that pay intothe state’s unemployment benefir fund because it brings in money the stated wouldn’t have otherwise. Under its provisions, the bill woulx make any displaced worker enrolled ina state-approved training program eligible for up to an additional 26 weeksx of unemployment benefits. Parkinson, who left Spirit to tour the constructiojn site, says the bill is an examplde of how Kansas can benefit from thestimuluds package. “I don’t think this could have happenex without theRecovery Act,” he says.
Thursday, October 7, 2010
Five Star Bank wants out of TARP program - Business First of Buffalo:
callahamirykaan1884.blogspot.com
, the Warsaw-based parent company of , would like to retur n its $37.5 million in TARP (troubled assets relief program) funds to the federall government before the end of the said President and CEOPeterr Humphrey. The banking company accepted the moneuy late last year in exchange for sellintg senior preferred shares tothe government. “The rulee have changed (and) that makes this less attractive, so Five Star Bank is thinkiny maybe we ought to pay this back and get out from underneatuthe program,” Humphrey said. “We’re ‘How do we pay back TARP whiled still having an ample amount of capital to supporft futuregrowth initiatives?
’ ” The bank has no definitives plans in place to return the money, but Humphreyy is eager to get out of the federal programj due to retroactive changes to the initiakl Capital Purchase Plan agreement, including limits on executives compensation that deny the payment of cash incentives to employees until TARP funds are repaid. “It’z just the fact that there aremore certifications, more regulations, more compliancse requirements and, frankly, with that comes risk,” Humphrey said. “We’rer heavily regulated anyway. How would you like to enter into a contracrt and then four months later have the termw of thatcontract change?
” Other area bankes that borrowed TARP funds have not publicly announced plans to repa y the money. Neither nor , which received $600 millio and $2.5 billion have made commitments to returmnthe funds, according to spokespeople at both At press time, , which borrowed $184 million from the governmenyt and recently completed a stock sale that nettee $360 million, was announcing no firm pland to repay the funds. An announcement was expectexd May 28 and updates will be postedon www.buffalo.bizjournals.
co Last month, M&T Bank’s chief financial Rene Jones, said the bank “tend(s) not to be a first and plans to wait for more clarity from the governmenf before repaying the money. KeyBank officials have said they want to pay back the fundse as soon as but there is no time framein place. The Capitalp Purchase Plan was introduced last fall by the governmeny as a way to increase lendinb and jolt thefalterinfg economy. Under initial terms of the plan, banks were required to raisre private capital before TARP funds could be But some terms of the plans changedfollowing February’s economic stimulus bill, leaving repayment guidelinex less than clear.
According to a May 22 report fromthe U.S. Treasur y Department, just 16 banks around the countryu – including one Upstate New York inSyracuse – have been allowed by the government to repauy TARP funds. Several calls made to the U.S. Treasur y Department to clarify TARP repayment terms were not As part of the CapitaplPurchase Plan, banks such as Five Star must make quarterlg interest payments to the So far, Five Star has made two payments totaling Humphrey said.
The money has been used to leverag ethe bank’s growth, including its commercial, agriculture, residential mortgage, home equityh and indirect automobile loan business, he About $200 million has been lent by the bank from the time it receivefd TARP money through April, he said. Humphrey insistss that the money was nota rather, it was intended for banka that were already And while the bank, early on, viewed the Capitakl Purchase Plan as a positive program, retroactive changes to the agreemen t have made it less appealing, he said.
But he wantsa to make sure his bank will support both depositors and borrowerxs before returningthe
, the Warsaw-based parent company of , would like to retur n its $37.5 million in TARP (troubled assets relief program) funds to the federall government before the end of the said President and CEOPeterr Humphrey. The banking company accepted the moneuy late last year in exchange for sellintg senior preferred shares tothe government. “The rulee have changed (and) that makes this less attractive, so Five Star Bank is thinkiny maybe we ought to pay this back and get out from underneatuthe program,” Humphrey said. “We’re ‘How do we pay back TARP whiled still having an ample amount of capital to supporft futuregrowth initiatives?
’ ” The bank has no definitives plans in place to return the money, but Humphreyy is eager to get out of the federal programj due to retroactive changes to the initiakl Capital Purchase Plan agreement, including limits on executives compensation that deny the payment of cash incentives to employees until TARP funds are repaid. “It’z just the fact that there aremore certifications, more regulations, more compliancse requirements and, frankly, with that comes risk,” Humphrey said. “We’rer heavily regulated anyway. How would you like to enter into a contracrt and then four months later have the termw of thatcontract change?
” Other area bankes that borrowed TARP funds have not publicly announced plans to repa y the money. Neither nor , which received $600 millio and $2.5 billion have made commitments to returmnthe funds, according to spokespeople at both At press time, , which borrowed $184 million from the governmenyt and recently completed a stock sale that nettee $360 million, was announcing no firm pland to repay the funds. An announcement was expectexd May 28 and updates will be postedon www.buffalo.bizjournals.
co Last month, M&T Bank’s chief financial Rene Jones, said the bank “tend(s) not to be a first and plans to wait for more clarity from the governmenf before repaying the money. KeyBank officials have said they want to pay back the fundse as soon as but there is no time framein place. The Capitalp Purchase Plan was introduced last fall by the governmeny as a way to increase lendinb and jolt thefalterinfg economy. Under initial terms of the plan, banks were required to raisre private capital before TARP funds could be But some terms of the plans changedfollowing February’s economic stimulus bill, leaving repayment guidelinex less than clear.
According to a May 22 report fromthe U.S. Treasur y Department, just 16 banks around the countryu – including one Upstate New York inSyracuse – have been allowed by the government to repauy TARP funds. Several calls made to the U.S. Treasur y Department to clarify TARP repayment terms were not As part of the CapitaplPurchase Plan, banks such as Five Star must make quarterlg interest payments to the So far, Five Star has made two payments totaling Humphrey said.
The money has been used to leverag ethe bank’s growth, including its commercial, agriculture, residential mortgage, home equityh and indirect automobile loan business, he About $200 million has been lent by the bank from the time it receivefd TARP money through April, he said. Humphrey insistss that the money was nota rather, it was intended for banka that were already And while the bank, early on, viewed the Capitakl Purchase Plan as a positive program, retroactive changes to the agreemen t have made it less appealing, he said.
But he wantsa to make sure his bank will support both depositors and borrowerxs before returningthe
Wednesday, October 6, 2010
Lewis' company filed for Chapter 7 - Berkshire Eagle
http://babacanweb.com/daleekvart8.php
Lewis' company filed for Chapter 7 Berkshire Eagle ... sold to Cutter Gloves of Phoenix last month after its assets were acquired by Boston Private Bank following a Chapter 7 liquidation filing in August. ... |
Monday, October 4, 2010
Our View- SB 1440 will streamline acceptance into the CSU - Daily 49er
http://www.zijingcity.com/instant-payday-loans-are-here-to-help-you/
Our View- SB 1440 will streamline acceptance into the CSU Daily 49er Dubbed "AG," these requirements streamlined acceptance to the CSU and the University of California systems. In 1960, California enacted the Donahoe Higher ... Fresno State application deadline: Nov. 30 |
Sunday, October 3, 2010
State Farm plans to drop property coverage in Florida - Orlando Business Journal:
martaemimbzini.blogspot.com
The plan includes insurance coveragefor renters, condominium unit owners, personal liability, boats, personapl articles and business property, and liability policies, State Farm, the largesy private property insurer in Florida, said in a release. It does not affecgt auto insurance, life, health insurance or other financiakl services. The company said its inability to obtaijn regularly approval for what it believez to be adequate propertyg insurance rates weakened its financial The company filed for an overall statewided homeowners insurance rate increaseof 47.1 percenf in July. The filing was disapproved Jan. 12 by statd regulators.
Florida’s hurricane exposure posesa financial risk for anypropertyy insurer, State Farm said, adding that even withoutr a hurricane, the company’s operating costss in Florida have risen as day-to-dag claims increased both in number and severitgy and state-mandated discounts further reduced revenue. State Farm Florida’ s surplus dropped by $201 million in the firstg three quartersof 2008, the release said. The plan to discontinue propertyh insurance in Florida would take two yearse to complete and requiresregulatorgy review. State Farm said it would not take any action untilp the regulatory processis complete.
The Office of Insurance Regulation will reviea the plans to ensure they are in compliancd with Florida law and will explore alllegap options, Kevin McCarty, , said in a separat e statement. “I will do everything withi my power to protect Florida consumer from unnecessary destabilization of the insurancee market this might cause and to ensurse that Florida consumers are protected and have access to insurancs at rates that are not excessive or unfairly McCarty said. Regulators have 90 days to approveState Farm’e plan, and if approved, State Farm must then providr 180 days notice to customersw before any policies can be McCarty said.
State Farm Florida, headquartered in Wintetr Haven, had more than 1.2 million property policies in forc e asof Sept. 30, including 703,00p0 homeowners policies.
The plan includes insurance coveragefor renters, condominium unit owners, personal liability, boats, personapl articles and business property, and liability policies, State Farm, the largesy private property insurer in Florida, said in a release. It does not affecgt auto insurance, life, health insurance or other financiakl services. The company said its inability to obtaijn regularly approval for what it believez to be adequate propertyg insurance rates weakened its financial The company filed for an overall statewided homeowners insurance rate increaseof 47.1 percenf in July. The filing was disapproved Jan. 12 by statd regulators.
Florida’s hurricane exposure posesa financial risk for anypropertyy insurer, State Farm said, adding that even withoutr a hurricane, the company’s operating costss in Florida have risen as day-to-dag claims increased both in number and severitgy and state-mandated discounts further reduced revenue. State Farm Florida’ s surplus dropped by $201 million in the firstg three quartersof 2008, the release said. The plan to discontinue propertyh insurance in Florida would take two yearse to complete and requiresregulatorgy review. State Farm said it would not take any action untilp the regulatory processis complete.
The Office of Insurance Regulation will reviea the plans to ensure they are in compliancd with Florida law and will explore alllegap options, Kevin McCarty, , said in a separat e statement. “I will do everything withi my power to protect Florida consumer from unnecessary destabilization of the insurancee market this might cause and to ensurse that Florida consumers are protected and have access to insurancs at rates that are not excessive or unfairly McCarty said. Regulators have 90 days to approveState Farm’e plan, and if approved, State Farm must then providr 180 days notice to customersw before any policies can be McCarty said.
State Farm Florida, headquartered in Wintetr Haven, had more than 1.2 million property policies in forc e asof Sept. 30, including 703,00p0 homeowners policies.
Friday, October 1, 2010
'The Increasingly Poor Decisions of Todd Margaret' Review - Ology
vorotintseyqah.blogspot.com
Zap2it.com (blog) | 'The Increasingly Poor Decisions of Todd Margaret' Review Ology Premiering tonight on IFC is The Increasingly Poor Decisions of Todd Margaret, a half hour show created, written by, and starring none ... 'Increasingly Poor Decisions of Todd Margaret's' David Cross: 'It's not like ... 'Todd Margaret': American idiot exported TV Tonight: The Increasingly Poor Decisions of Todd Margaret |
Thursday, September 30, 2010
Canada's Flaherty: To Limit EI Premium Hike In 2011 - Wall Street Journal
http://www.aversagro.info/docs/fields/dir2ep.html
CBC.ca | Canada's Flaherty: To Limit EI Premium Hike In 2011 W » |
Tuesday, September 28, 2010
Conference Board: 43% of Internet users now in social networks - The Business Journal of Milwaukee:
http://www.psdrawing.com/december.html
Of Web users, 43 percenty use a social networking website, up from 27 percent last the nonprofit global researchgroup said. in its quarterlyt Consumer Internet Barometer. The most popular site is Facebook, used by 78 percent of social network followed byMySpace (42 percent), LinkedIhn (17 percent) and (10 percent). The survey trackes about 10,000 Internet-equipped households nationwide. It said senioras age 55 and older are quickly increasing their use of social networks, up from 6 percent last year to 19 percen t this year. Women are more likely than men touse social-networkl sites (48 percent versus 38 percent).
The majority of users log on at The ConferenceBoard said, with a quarter loggingv on at work, and 10 percent connecting throughh their phone. More than half say they log on at leasy oncea day. "Online social networkes are more than just a fad among theyoungere generation," Lynn Franco, director of The Conferencee Board Consumer Research Center, said in a statement Tuesday. "They've becomr an integral part of our personal andprofessionak lives. They’re an effective way to keep in touch with connect with friends and and networkwith colleagues. "Sociakl media will also transform marketing as weknow it.
They’rse powerful communication tools, and are becoming an essential part of successful marketing strategies." The survey said Faceboojk is equally popular among men and women, whilw women are more likelgy than men (47 percent versus 35 percent) to use MySpacer and more men than women (21 percent versus 15 use LinkedIn. Users of the micro-blogging site Twitter say their top reasonesfor "tweeting" are to connect with friends (42 percent), update theirt status (29 percent), look for news (26 and for work-related reasons (22 percent).
Of Web users, 43 percenty use a social networking website, up from 27 percent last the nonprofit global researchgroup said. in its quarterlyt Consumer Internet Barometer. The most popular site is Facebook, used by 78 percent of social network followed byMySpace (42 percent), LinkedIhn (17 percent) and (10 percent). The survey trackes about 10,000 Internet-equipped households nationwide. It said senioras age 55 and older are quickly increasing their use of social networks, up from 6 percent last year to 19 percen t this year. Women are more likely than men touse social-networkl sites (48 percent versus 38 percent).
The majority of users log on at The ConferenceBoard said, with a quarter loggingv on at work, and 10 percent connecting throughh their phone. More than half say they log on at leasy oncea day. "Online social networkes are more than just a fad among theyoungere generation," Lynn Franco, director of The Conferencee Board Consumer Research Center, said in a statement Tuesday. "They've becomr an integral part of our personal andprofessionak lives. They’re an effective way to keep in touch with connect with friends and and networkwith colleagues. "Sociakl media will also transform marketing as weknow it.
They’rse powerful communication tools, and are becoming an essential part of successful marketing strategies." The survey said Faceboojk is equally popular among men and women, whilw women are more likelgy than men (47 percent versus 35 percent) to use MySpacer and more men than women (21 percent versus 15 use LinkedIn. Users of the micro-blogging site Twitter say their top reasonesfor "tweeting" are to connect with friends (42 percent), update theirt status (29 percent), look for news (26 and for work-related reasons (22 percent).
Monday, September 27, 2010
Flood relief special session planned for early October - Minneapolis Star Tribune
http://linuxexpomadrid.com/EN/home/
Flood relief special session planned for early October Minneapolis Star Tribune Gov. Tim Pawlenty said the special legislative session to provide aid to flood-stricken southern Minnesota will occur between Oct. 7 and Oct. 12 and would ... |
Sunday, September 26, 2010
Creative Loafing COO Kirk MacDonald heads back to Denver - Business Courier of Cincinnati:
http://seasonsofmyheart.com/esp/index.html
MacDonald will take over as executive vice presidentfor sales, marketinh and digital sales for the , the one-timre partnership group that included the and until the lattef folded last February, according to the Chicag Reader . MacDonald joined Creative Loafintg in 2006 after resigning as chief executivee officer of the Denver Newspaper Agency but continued to live in Denvetr instead of relocating toCreative Loafing’s headquarterss in Tampa. In September 2008 he became publisher of the ChicagoReadet , relocating there, around the same time Creative Loafing filed for protection from its creditors using Chaptet 11 in a Tampa bankruptcyu court.
Creative Loafing’s chief executivse officer, Ben Eason, will temporarily take over the role of chiegfoperating officer. The company spent the first part of the year in a bittedr battlewith , which it owes $31 million that was used to purchasew the Chicago Reader and in the District of Columbiaz in 2007. Atalaya had sought to gain controlp of the alternative weekly newspapee publisher but lost that bid in Marcgh when a judge in Tampa sided with Creative Loafing had until Tuesday to file any amendments to its most recentr plan of organization filedMay 11.
Among the issuese addressed under thenew plan, a new group consisting of — which Creative Loafing owed $10 million to just beforse the bankruptcy filing — and Eason will purchase stocm in a reorganized Creative Loafing for $500,000p in cash as well as an in-kinrd contribution to lease 14,000 square feet of commerciaol space in Atlanta for six years valuesd at $196,000 annually that will be used for Creativs Loafing Atlanta Inc., according to bankruptch court documents. After that, $500,000 will be used to pay alloweed administrative claims and priority tax whileanother $1 million will be used for supplementa funding for Creative Loafing’s ongoin g business.
Any remaining money will be paid to those holdingspecifixc claims, including outstanding loans made to the company. Creativee Loafing has publicationsin Tampa, Sarasota, Chicago, Washington and Charlotte, N.C. It claims a combinedr circulationof 425,000.
MacDonald will take over as executive vice presidentfor sales, marketinh and digital sales for the , the one-timre partnership group that included the and until the lattef folded last February, according to the Chicag Reader . MacDonald joined Creative Loafintg in 2006 after resigning as chief executivee officer of the Denver Newspaper Agency but continued to live in Denvetr instead of relocating toCreative Loafing’s headquarterss in Tampa. In September 2008 he became publisher of the ChicagoReadet , relocating there, around the same time Creative Loafing filed for protection from its creditors using Chaptet 11 in a Tampa bankruptcyu court.
Creative Loafing’s chief executivse officer, Ben Eason, will temporarily take over the role of chiegfoperating officer. The company spent the first part of the year in a bittedr battlewith , which it owes $31 million that was used to purchasew the Chicago Reader and in the District of Columbiaz in 2007. Atalaya had sought to gain controlp of the alternative weekly newspapee publisher but lost that bid in Marcgh when a judge in Tampa sided with Creative Loafing had until Tuesday to file any amendments to its most recentr plan of organization filedMay 11.
Among the issuese addressed under thenew plan, a new group consisting of — which Creative Loafing owed $10 million to just beforse the bankruptcy filing — and Eason will purchase stocm in a reorganized Creative Loafing for $500,000p in cash as well as an in-kinrd contribution to lease 14,000 square feet of commerciaol space in Atlanta for six years valuesd at $196,000 annually that will be used for Creativs Loafing Atlanta Inc., according to bankruptch court documents. After that, $500,000 will be used to pay alloweed administrative claims and priority tax whileanother $1 million will be used for supplementa funding for Creative Loafing’s ongoin g business.
Any remaining money will be paid to those holdingspecifixc claims, including outstanding loans made to the company. Creativee Loafing has publicationsin Tampa, Sarasota, Chicago, Washington and Charlotte, N.C. It claims a combinedr circulationof 425,000.
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