jabire2389.blogspot.com
Putting a business’ name on the hoods or door of Sprint Cup Series cars is becoming an increasingl ypopular investment, said Ron Schneider, president of Englewood-basecd , which links companies to racing associations. The cost can run anywhere from $25 million to be the primary sponsor ofa top-tier driver to $250,000 a year to slap a sticker elsewhere on a car and get acceszs to the car’s professional drivet for use in endorsements and personal Sport Dimensions, which opened in 1995, said business rose nearlyy 30 percent from 2006 to 2008 before hittingy the bump that’s affected most marketing companies this Schneider said.
Like many other racing marketing businesses around the Sport Dimensions is seeing both an increasr in companies wanting to get into NASCAR and theitr willingness tospend more, he said. And if eithefr of two potential track projectsin Colorado, which were announced in late May, are developex and can attract a majod NASCAR race, that’s likely to create even more interesf in the sport from Colorado he predicted. “I think the opportunityu for these companies here in Coloradiois great,” said Schneider, who represents mostly out-of-statr clients. “There’s a lot of opportunities and ways to push theidr message outthrough NASCAR.
” Once considered a spory that appealed only to blue-collar Southern and Midwestern men, NASCAR has greatlyh expanded its appeal and marketing potentiao in recent years. Studies show it’s the top spectatod sport in the countryand No. 2 in television ratings behinf the NationalFootball League, and $2.9 billio in licensed NASCAR products are sold each Schneider noted. And, more than any other sport, sponsors of a NASCARR team benefit from the popularity oftheid driver, said Todd Stonis, general managerr for Sport Dimensions. As many as 75 percentr of surveyed fans have said they buy the productsw or services of theirfavorite driver’s When popular driver Dale Earnhardt Jr.
switchef from Budweiser to Amp Energ drink as a primary sponsodrlast year, Amp jumpes from sixth to third for national salesw among energy drinks, Stonis said. But marketingv through NASCAR goes deeper than just puttinga company’ss name on a car and hoping people notic e it, said Schneider and Stonis, whosd company is the only one in Coloradi to specialize in race-car marketing. It also means leveraginvg the driver to do ads for your make public appearances and give you accesse to him before andafter races, a level of connection that sponsorws don’t get with players in any team Johns Manville, the Denver-based roofingf and insulation manufacturer, got involved with the Sprint Cup Seriese four years ago when a drived it had been sponsoring, Paul moved up to the top racing circuit.
The company shared sponsorshipof Menard’s car with nine and gets great exposurs when its logo is displayed on the vehicles hood during about a dozeb races a year, said Chrisa Gerd, retail marketing and motorsports marketing manager. But Johns Manville also takee executives from major customers to the racesd and introduces them to Menard andhis crew, a tremendou s move in building customerr appreciation, Gerd said. And it has Menard attene community functions the company holds with groupzs such as Habitat for Humanity orSpecial Olympics.
“Itr builds excitement, it builds a strong fan base and it reall y portrays Johns Manville in apositive light,” Gerd said of interactionj with the driver. “Iff a track were to come it’s a great opportunity for us to actuallyg build uponJohns Manville’ds reputation in the community.” A handfupl of other Colorado companies also are involvecd in the sport, including Furniture Row, whicbh sponsors the only team based west of the Mississippik River. If potentially competing groups associated with the InternationalSpeedway Corp. or developef Bill Schuck were to build a track and attract a majorerace here, that could Schneider said.
“It’s not a heavy focuws right now,” he said. “I mean, we’re a stick-and-ballo town here, and people know it. But I thin k people are interested and curiousabout
Saturday, August 27, 2011
Thursday, August 25, 2011
GE workers approve pay freeze - Business Courier of Cincinnati:
uzirukynurylew.blogspot.com
Fairfield, Conn.-based GE (NYSE: GE) is tryingv to trim expenses at Appliance whichlost $72 million in 2008. Jerry president of , said nearlu 70 percent of the 1,638 union workere voted in favor ofthe proposal. Undert the terms of the agreement, GE will freeze pay for unio workers untilJune 2011. And newly hiresd skilled-trades professionals would startat $23 per hour and advancd to $25 per hour over a two-year period. A competitivs wage agreement for hourly production workers calls for new hires to startat $13 per hour and receive annual wage increases after their current contract expires in 2011.
The ratews for skilled and production workers are lower than they woulrd have been withoutthe agreement, Carney said. Also under the agreement, GE will not force production workers to work lessthan five-day work weeks, with the exceptionh of holiday periods or othef special days, Carney said. “That is important because GE already has goneto four-day, eight-hour work weeks at some of its lightingg plants, and that coulc have been the case here if we didn’t vote ” Carney said. In exchange, GE will add 100 positions and brin g anew low-cost dishwasher line to Appliancr Park by Dec. 31.
All new jobs at Appliance except forwarehouse positions, would be bid on by according to a bulletin issued last week by the GE will continue to make 18 cubic-fooy top-mount refrigerators, home dishwashers and 27-inch top-load washing machines at Appliance Park through at leasty June 17, 2011, unless the company decides to exit the product “This is important because now we have a futurw at Appliance Park,” Carneyy said Thursday evening. Kim Freeman, director of publi c relationsfor GE’s Consumer and Industrial division, called the union’d vote “gratifying.
” “When given the our employees have demonstrated time and again that they understandx our business realities and want to be part of a team that will make the necessarh changes to win in this global marketplace,” Freemaj said in an e-mail. “We are grateful to all of our employeews and the union leadership for their willingnesz to work together to make this asuccessfupl business.” More jobs coming?
One stipulation of the agreementr is that the companyh and the union will work together to explorr opportunities for making energy-efficient appliances at the The first step could come when the and the Louisville Metrpo Council are expected to vote on approvingf incentives to GE to facilitatwe the development of a new producyt platform at Appliance Park. GE officials have not disclosexd what product might be destinedx forAppliance Park. Business Firs reported Friday that the city is prepared to offerd to create a tax increment financinh district and the state is prepared to offe r GE as muchas $2.
5 milliom over 10 years to launch a product line that woulsd create as many as 400 jobs at Appliances Park. “Now there is the opportunityu to replace outdated equipment witha new, high-tech product Carney said. “This means a lot to us.”
Fairfield, Conn.-based GE (NYSE: GE) is tryingv to trim expenses at Appliance whichlost $72 million in 2008. Jerry president of , said nearlu 70 percent of the 1,638 union workere voted in favor ofthe proposal. Undert the terms of the agreement, GE will freeze pay for unio workers untilJune 2011. And newly hiresd skilled-trades professionals would startat $23 per hour and advancd to $25 per hour over a two-year period. A competitivs wage agreement for hourly production workers calls for new hires to startat $13 per hour and receive annual wage increases after their current contract expires in 2011.
The ratews for skilled and production workers are lower than they woulrd have been withoutthe agreement, Carney said. Also under the agreement, GE will not force production workers to work lessthan five-day work weeks, with the exceptionh of holiday periods or othef special days, Carney said. “That is important because GE already has goneto four-day, eight-hour work weeks at some of its lightingg plants, and that coulc have been the case here if we didn’t vote ” Carney said. In exchange, GE will add 100 positions and brin g anew low-cost dishwasher line to Appliancr Park by Dec. 31.
All new jobs at Appliance except forwarehouse positions, would be bid on by according to a bulletin issued last week by the GE will continue to make 18 cubic-fooy top-mount refrigerators, home dishwashers and 27-inch top-load washing machines at Appliance Park through at leasty June 17, 2011, unless the company decides to exit the product “This is important because now we have a futurw at Appliance Park,” Carneyy said Thursday evening. Kim Freeman, director of publi c relationsfor GE’s Consumer and Industrial division, called the union’d vote “gratifying.
” “When given the our employees have demonstrated time and again that they understandx our business realities and want to be part of a team that will make the necessarh changes to win in this global marketplace,” Freemaj said in an e-mail. “We are grateful to all of our employeews and the union leadership for their willingnesz to work together to make this asuccessfupl business.” More jobs coming?
One stipulation of the agreementr is that the companyh and the union will work together to explorr opportunities for making energy-efficient appliances at the The first step could come when the and the Louisville Metrpo Council are expected to vote on approvingf incentives to GE to facilitatwe the development of a new producyt platform at Appliance Park. GE officials have not disclosexd what product might be destinedx forAppliance Park. Business Firs reported Friday that the city is prepared to offerd to create a tax increment financinh district and the state is prepared to offe r GE as muchas $2.
5 milliom over 10 years to launch a product line that woulsd create as many as 400 jobs at Appliances Park. “Now there is the opportunityu to replace outdated equipment witha new, high-tech product Carney said. “This means a lot to us.”
Monday, August 22, 2011
McMullen to replace McGeorge as Kroger COO - Business Courier of Cincinnati:
http://adamswatersheds.org/chemicalindicators.html
W. Rodney McMullen, currentlyy vice chairman, will replacde McGeorge as president and COOon Aug. 1. 55, will remain until late 2009 as a speciaol adviser to CEODavid Dillon. He began his career with Krogert in 1977 as astore co-manager in and rose to executive vice president in charge of salees and merchandising before being electex president and COO in 2003. 48, joined Kroger in 1978 as a part-time stored clerk. He has held senior executive positions that includewcorporate controller, chief financial officeer and executive vice presidenr of strategy, planning and finance.
At the company’as annual meeting at Music Hall, shareholders by a 53-to-47 percenyt margin adopted a shareholder proposalothat “requests” the board of directors to adopt a majority-vote requiremen for uncontested elections for Kroger’s boar of directors. The proposal was opposes by Kroger’s board. Shareholders rejected by a wide margi n a proposal by the Humane Society of the Unite d States that encouraged the company to establish a schedulw for increasing the percentagde it carries of eggsfrom cage-free hens. The board had also opposesd that measure, although Dillon note d that its salesof cage-free eggs had increased 20 percentr in 2008.
Kroger was sympathetic to the group’ mission, he said, but it does not operatwe any farms and is constrained by a limited supplyuof cage-free eggs. It can only set guidelinesa forits suppliers, he said. Shareholders re-electeds Kroger’s board with more than 91 percenty of thevotes cast. Cincinnati-based Kroged ( : KR) operates more than 2,400 supermarketw and multi-department stores in 31 states.
W. Rodney McMullen, currentlyy vice chairman, will replacde McGeorge as president and COOon Aug. 1. 55, will remain until late 2009 as a speciaol adviser to CEODavid Dillon. He began his career with Krogert in 1977 as astore co-manager in and rose to executive vice president in charge of salees and merchandising before being electex president and COO in 2003. 48, joined Kroger in 1978 as a part-time stored clerk. He has held senior executive positions that includewcorporate controller, chief financial officeer and executive vice presidenr of strategy, planning and finance.
At the company’as annual meeting at Music Hall, shareholders by a 53-to-47 percenyt margin adopted a shareholder proposalothat “requests” the board of directors to adopt a majority-vote requiremen for uncontested elections for Kroger’s boar of directors. The proposal was opposes by Kroger’s board. Shareholders rejected by a wide margi n a proposal by the Humane Society of the Unite d States that encouraged the company to establish a schedulw for increasing the percentagde it carries of eggsfrom cage-free hens. The board had also opposesd that measure, although Dillon note d that its salesof cage-free eggs had increased 20 percentr in 2008.
Kroger was sympathetic to the group’ mission, he said, but it does not operatwe any farms and is constrained by a limited supplyuof cage-free eggs. It can only set guidelinesa forits suppliers, he said. Shareholders re-electeds Kroger’s board with more than 91 percenty of thevotes cast. Cincinnati-based Kroged ( : KR) operates more than 2,400 supermarketw and multi-department stores in 31 states.
Saturday, August 20, 2011
Girl Talk and Diplo To Join Jane's Addiction, The Shins, Toubab Krewe and ... - jambands.com
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jambands.com | Girl Talk and Diplo To Join Jane's Addiction, The Shins, Toubab Krewe and ... jambands.com Girl Talk and Diplo are among the latest additions to a lineup that already includes such groups as: Jane's Addiction, Weezer, The Shins, JJ Grey & Mofro, Cold War Kids, Dirty Dozen Brass Band, Ghostland Observatory, Toubab Krewe, Linkin Park, ... |
Thursday, August 18, 2011
Coloring Outside the Lines - New York Times
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New York Times | Coloring Outside the Lines New York Times The interior designer Ronald Bricke was behind the bright and bold colors, disproving the idea that “you can't hang art on mango.†Tawney the cat naps in the middle of the bed, unimpressed. By CONSTANCE ROSENBLUM FOR many of her 73 years, ... |
Tuesday, August 16, 2011
Survey: Firms slashing salaries, holding off on layoffs - Jacksonville Business Journal:
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More than half (52.4 percent) of humanm resources executives surveyed in May reported their firms had instituted salary cutsor freezes. That’sd up from the 27.2 percent of respondents who reportesd similar cutbacksin January, according to the survet by employment consultancy Challenger, Gray & Christmas. At the same the percentage of employers making permanent cuts fell to 43 percentr in May from 56 percentin January, the surveh found. Overall, 86 percentg of respondents said their companieds hadinstituted cost-cutting measures – a slight improvemen t from January, when 92 percent of firmes were slashing costs.
Companies reported using various methods to improvse theirbottom lines, including salary cuts, cuttingy workers’ hours, reducing or eliminatintg tuition reimbursements, furloughs or forced vacations, and temporarg layoffs.
More than half (52.4 percent) of humanm resources executives surveyed in May reported their firms had instituted salary cutsor freezes. That’sd up from the 27.2 percent of respondents who reportesd similar cutbacksin January, according to the survet by employment consultancy Challenger, Gray & Christmas. At the same the percentage of employers making permanent cuts fell to 43 percentr in May from 56 percentin January, the surveh found. Overall, 86 percentg of respondents said their companieds hadinstituted cost-cutting measures – a slight improvemen t from January, when 92 percent of firmes were slashing costs.
Companies reported using various methods to improvse theirbottom lines, including salary cuts, cuttingy workers’ hours, reducing or eliminatintg tuition reimbursements, furloughs or forced vacations, and temporarg layoffs.
Saturday, August 13, 2011
Teach For America gets another Medtronic Foundation gift - Memphis Business Journal:
ramoledef.blogspot.com
million over the next three yearsto . Portionas of the funding will be used to increasee the number of Teach For America teachere with math andscience backgrounds. It will also be used to providre resources for TeachFor America’s programs in Memphisx and Jacksonville, Fla. Medtronic operates its spinal and biologics unitzs from Memphis and also has operations in The funding will also support the possible expansion of Teach For Americawinto Minnesota. The Medtronic Foundation has supporteds Teach For Americasince 1994, including providing $1 million in 2007 and 2008 for the developmentg of the national math and sciencr initiative.
Teach For America launched in Memphis in 2006 and the city is alreadyt considered one ofthe organization’s top It has more than 100 teachers in Memphias at local schools. Teach For Americas recruits successful college graduates to commit to teach for two yearws in innercity schools. The organization’s goal is to attract more graduates to the teaching profession and also create a pool of potentiaschool administrators. Wendy Kopp, foundetr and CEO of Teach For America, says the expansionm of the partnership between her organization and Medtronix will allow Teach For America to provide enhancec training tothe 2,000 teachersx it currently employs.
“Bt placing committed, well-prepared math and science teachersd in areas of greatest we will increase student performance and spark student interestf inthese fields, which is so critical to our nation’x future,” Kopp said in a statement.
million over the next three yearsto . Portionas of the funding will be used to increasee the number of Teach For America teachere with math andscience backgrounds. It will also be used to providre resources for TeachFor America’s programs in Memphisx and Jacksonville, Fla. Medtronic operates its spinal and biologics unitzs from Memphis and also has operations in The funding will also support the possible expansion of Teach For Americawinto Minnesota. The Medtronic Foundation has supporteds Teach For Americasince 1994, including providing $1 million in 2007 and 2008 for the developmentg of the national math and sciencr initiative.
Teach For America launched in Memphis in 2006 and the city is alreadyt considered one ofthe organization’s top It has more than 100 teachers in Memphias at local schools. Teach For Americas recruits successful college graduates to commit to teach for two yearws in innercity schools. The organization’s goal is to attract more graduates to the teaching profession and also create a pool of potentiaschool administrators. Wendy Kopp, foundetr and CEO of Teach For America, says the expansionm of the partnership between her organization and Medtronix will allow Teach For America to provide enhancec training tothe 2,000 teachersx it currently employs.
“Bt placing committed, well-prepared math and science teachersd in areas of greatest we will increase student performance and spark student interestf inthese fields, which is so critical to our nation’x future,” Kopp said in a statement.
Thursday, August 11, 2011
CSI Leasing restructures executive committee, forms office of the chairman - St. Louis Business Journal:
http://afterdeath.ru/index.php?option=com_content&task=blogcategory&id=19&Itemid=71
The new three-person office of the chairman will reporgt to the board of directors and iscomprised of: Chairmanm Kenneth Steinback; Vice Chairman and CEO E. William Gillula; and Kim a director of CSI Leasinhg and managing partnerof . Steinback and Gillula are givingb uptheir day-to-day responsibilities but neither plan to Steinback said in a statement he and Gillula "feel confidenty that these organizational changes are in the best interes for the long term growth and continuedx success of CSI.
The time is right to pass the torcb to those who have helpedx us build this great company and who have trulyg been running the day to day operations for many Steve Hamilton will assume the day to day responsibilities from Gillulaq and Larry Schinsky will assume the direct supervisionb of the Canadian anddomestix U.S. sales force previously handlesby Steinback. The executive committee, which will report to the office of the is comprisedof long-time CSI Leasing employees: Stevd Hamilton, promoted to president and chief operating officer; Arnaldo Rodriguez, promoted to president of ; Larry Schinsky, promoted to executive vice president, national saleas manager for U.S.
and and Dan Fuller, president of EPC, a wholly owne d subsidiary ofCSI Leasing. Manual Ortiz was promotes to head CSI's Central and South America companies. St. Louis-based CSI is an internationapl computer equipment leasing company with morethan $1.2 billion in assets and 600 employeee in 20 countries. The employee-owned companhy is one of the largest privateluy held companies inthe St. Louis area with $266 milliojn in 2007 revenue.
The new three-person office of the chairman will reporgt to the board of directors and iscomprised of: Chairmanm Kenneth Steinback; Vice Chairman and CEO E. William Gillula; and Kim a director of CSI Leasinhg and managing partnerof . Steinback and Gillula are givingb uptheir day-to-day responsibilities but neither plan to Steinback said in a statement he and Gillula "feel confidenty that these organizational changes are in the best interes for the long term growth and continuedx success of CSI.
The time is right to pass the torcb to those who have helpedx us build this great company and who have trulyg been running the day to day operations for many Steve Hamilton will assume the day to day responsibilities from Gillulaq and Larry Schinsky will assume the direct supervisionb of the Canadian anddomestix U.S. sales force previously handlesby Steinback. The executive committee, which will report to the office of the is comprisedof long-time CSI Leasing employees: Stevd Hamilton, promoted to president and chief operating officer; Arnaldo Rodriguez, promoted to president of ; Larry Schinsky, promoted to executive vice president, national saleas manager for U.S.
and and Dan Fuller, president of EPC, a wholly owne d subsidiary ofCSI Leasing. Manual Ortiz was promotes to head CSI's Central and South America companies. St. Louis-based CSI is an internationapl computer equipment leasing company with morethan $1.2 billion in assets and 600 employeee in 20 countries. The employee-owned companhy is one of the largest privateluy held companies inthe St. Louis area with $266 milliojn in 2007 revenue.
Tuesday, August 9, 2011
World Telecom Exchange opens HQ in Tysons - Dallas Business Journal:
http://shssc.org/running-shoes.html
World Telecom opened a 2,000-square-foot office recently at 8201 Greensboro Drive, a 361,000-square-fooy commercial building in McLean ownedby D.C.-based B.F. Saul and Co. The a wholly-owned subsidiary of Worldwide Telecoj Xchange CarrierFZ LLC, a Dubai-based telecommunications investmenyt company focused on aggregating wholesale telephony and data traffix in emerging markets, is a network services compan that provides engineering, sale s and marketing, billing and outsourced technicalo support services. To start, about six employees will be basefd at the new headquarterse with room forfurther expansion.
Worldf Telecom’s services include call satellite services, Voice over Internet Protocol TDM network, code division multiple accessw (CDMA), WiMax and network management “WTXC’s success illustrates that our regionm remains a great place to start and grow a said Mike Norris, a vice president at Rockville-basede Scheer Partners Inc., who brokere d the lease. “And the commercial real estate marker is yielding opportunities for business ownersthat haven’t existeed since the early part of the decade.” Scheer Partners brokere Ben Heller, who also worked on the added that the company “evaluated a handful of locations in McLean and Vienna...
decidiny on 8201 Greensboro Drive for several that includedits location, “a very fair market deal” and othe r appealing terms such as a “gooed cure period on defaults.”
World Telecom opened a 2,000-square-foot office recently at 8201 Greensboro Drive, a 361,000-square-fooy commercial building in McLean ownedby D.C.-based B.F. Saul and Co. The a wholly-owned subsidiary of Worldwide Telecoj Xchange CarrierFZ LLC, a Dubai-based telecommunications investmenyt company focused on aggregating wholesale telephony and data traffix in emerging markets, is a network services compan that provides engineering, sale s and marketing, billing and outsourced technicalo support services. To start, about six employees will be basefd at the new headquarterse with room forfurther expansion.
Worldf Telecom’s services include call satellite services, Voice over Internet Protocol TDM network, code division multiple accessw (CDMA), WiMax and network management “WTXC’s success illustrates that our regionm remains a great place to start and grow a said Mike Norris, a vice president at Rockville-basede Scheer Partners Inc., who brokere d the lease. “And the commercial real estate marker is yielding opportunities for business ownersthat haven’t existeed since the early part of the decade.” Scheer Partners brokere Ben Heller, who also worked on the added that the company “evaluated a handful of locations in McLean and Vienna...
decidiny on 8201 Greensboro Drive for several that includedits location, “a very fair market deal” and othe r appealing terms such as a “gooed cure period on defaults.”
Sunday, August 7, 2011
Texas is gaining first
http://wafijotex.wordpress.com/
million grant to the Texas Youthy Commission on a new initiative that will provide support services to 450 youtu returning home fromcorrectional facilities. The new prograkm will create what organizers are callinga “one-stop shop” for juvenile who will receive job education support, life-skills classes, mentorsw and community service opportunities. The Texas Youth Commissiojn is joining the Bexar County Juvenile Probation the Texas Juvenile Probation Commission andSan Antonio-based on this The grant will establish the program for 18 montha with an opportunity to renew. BCFS will hire 31 new staff to work closely with the youtbh and overseethe curriculum.
These services will be offeree at a downtown Youth Transition Center operated by The center will house all transitional services employment strategies, case management, classea to help students earn their high schoopl diploma or GED as well as trainingf courses on non-violent methods for conflictt resolution. BCFS Executive Director of Teen and Youth Servicesw Terri Hipps says BCFS has more than 10 years of experiencs and a proven track record in helping turn juvenile offendersto law-abiding adults.
“Combinerd with our longtime work with youths transitioninbg into life ontheir own, we are confident that this prograj will make a positive impact both in the San Antonio communith and in the lives of many youthz trying to move on toward a brighte r future,” Hipps says. BCFS, formerly Baptist Chilc & Family Services, is a health and humajn services organization with locations and programswthroughout Texas, Eastern Europe, Latin America, Southeast Asia and Africa.
million grant to the Texas Youthy Commission on a new initiative that will provide support services to 450 youtu returning home fromcorrectional facilities. The new prograkm will create what organizers are callinga “one-stop shop” for juvenile who will receive job education support, life-skills classes, mentorsw and community service opportunities. The Texas Youth Commissiojn is joining the Bexar County Juvenile Probation the Texas Juvenile Probation Commission andSan Antonio-based on this The grant will establish the program for 18 montha with an opportunity to renew. BCFS will hire 31 new staff to work closely with the youtbh and overseethe curriculum.
These services will be offeree at a downtown Youth Transition Center operated by The center will house all transitional services employment strategies, case management, classea to help students earn their high schoopl diploma or GED as well as trainingf courses on non-violent methods for conflictt resolution. BCFS Executive Director of Teen and Youth Servicesw Terri Hipps says BCFS has more than 10 years of experiencs and a proven track record in helping turn juvenile offendersto law-abiding adults.
“Combinerd with our longtime work with youths transitioninbg into life ontheir own, we are confident that this prograj will make a positive impact both in the San Antonio communith and in the lives of many youthz trying to move on toward a brighte r future,” Hipps says. BCFS, formerly Baptist Chilc & Family Services, is a health and humajn services organization with locations and programswthroughout Texas, Eastern Europe, Latin America, Southeast Asia and Africa.
Wednesday, July 27, 2011
Ritter confronted at bill signing by union grocery workers - Denver Business Journal:
http://konsnevihe.wordpress.com/
Ritter addressed the workers publicly after , repeating to them as he had written in his May 19 veto of Housre Bill 1170 that he felt that the bill woul have interrupted ongoing union negotiationsd with grocery-store chains , and But after several minutesa of explanation, workers began yelling, "Thaty is a lie!" and "Sir, why did you and the governor left the podium. "j have made my statement. Thank you very much," Ritted said as he exiteed the packed west foyer ofthe Capitol. .
Tensions betweeh union workers and the Democratic governo r that they helped to elect in 2006 have been simmering since his veto of the bill that woulx haveallowed locked-out workers to collect unemploymentr insurance benefits. United Food and Commercial Workerxs UnionLocal No. 7 Presideng Ernest Duran said that Ritterhad "betrayed" them and "reneged on his promises," and some activists have begujn looking for a candidate to oppose Ritter in a Ritter signed 29 bills Tuesday, culminatin g with an evening "Help for Working Families at the Capitol in which he inkedr six laws to help unemployed residents receivs more benefits and keep workers' homes from being foreclosed upon, among othee things.
Leaders from several construction union s stood behind him as he signed one of the HouseBill 1310, which allows for the easiert filing of complaints if an employer misqualifies a workee as an independent contractor. But, even before then, whiles Ritter was signing a measure that will allowq local governments tosell low- to no-interestr bonds for public construction under the American Recovery and Reinvestmenrt Act, the harangues began. Crowd members clad in blacl UFCW shirts yelled can you explain why you vetoed HousewBill 1170?" and "We support you, governor; you turnexd your back on as Ritter largely ignored them.
Then, as he late signed Senate Bill 247, which increases the number of Coloradanzs who qualify for unemployment insurancs and will bring insome $200 million in federal someone yelled: "Where was your supporyt for the grocery workersd when you vetoed House Bill governor?" Ritter replied: "I'm going to sign these and then we'll talk." After he the governor rose to the microphone and first told the crowd how many of the new laws will help workerx affected by the He then explained that signing HB 1170 woul d have been akin to the governmeng implementing new playing rules for negotiations betweenh the UFCW and the thres grocery chains that have been underway since April 9.
He also said that he woule be open to reconsidering similat legislation at afuture date. He notefd that a bill he signed Tuesday regarding electricians education standards was similar to one he vetoedf in 2008 while telling competinyg sides on the measure that they neededs to work out acompromisee -- which they did this year. "kI also think that public policy should not be used tointerrupty negotiations," Ritter told the crowd, which included about 25 UFCW workers along with proponents of the bills bein signed. "It is my great hope that you're able to work this Then question-shouting began from the back. And Ritter'zs speech to the group ended.
Ritter addressed the workers publicly after , repeating to them as he had written in his May 19 veto of Housre Bill 1170 that he felt that the bill woul have interrupted ongoing union negotiationsd with grocery-store chains , and But after several minutesa of explanation, workers began yelling, "Thaty is a lie!" and "Sir, why did you and the governor left the podium. "j have made my statement. Thank you very much," Ritted said as he exiteed the packed west foyer ofthe Capitol. .
Tensions betweeh union workers and the Democratic governo r that they helped to elect in 2006 have been simmering since his veto of the bill that woulx haveallowed locked-out workers to collect unemploymentr insurance benefits. United Food and Commercial Workerxs UnionLocal No. 7 Presideng Ernest Duran said that Ritterhad "betrayed" them and "reneged on his promises," and some activists have begujn looking for a candidate to oppose Ritter in a Ritter signed 29 bills Tuesday, culminatin g with an evening "Help for Working Families at the Capitol in which he inkedr six laws to help unemployed residents receivs more benefits and keep workers' homes from being foreclosed upon, among othee things.
Leaders from several construction union s stood behind him as he signed one of the HouseBill 1310, which allows for the easiert filing of complaints if an employer misqualifies a workee as an independent contractor. But, even before then, whiles Ritter was signing a measure that will allowq local governments tosell low- to no-interestr bonds for public construction under the American Recovery and Reinvestmenrt Act, the harangues began. Crowd members clad in blacl UFCW shirts yelled can you explain why you vetoed HousewBill 1170?" and "We support you, governor; you turnexd your back on as Ritter largely ignored them.
Then, as he late signed Senate Bill 247, which increases the number of Coloradanzs who qualify for unemployment insurancs and will bring insome $200 million in federal someone yelled: "Where was your supporyt for the grocery workersd when you vetoed House Bill governor?" Ritter replied: "I'm going to sign these and then we'll talk." After he the governor rose to the microphone and first told the crowd how many of the new laws will help workerx affected by the He then explained that signing HB 1170 woul d have been akin to the governmeng implementing new playing rules for negotiations betweenh the UFCW and the thres grocery chains that have been underway since April 9.
He also said that he woule be open to reconsidering similat legislation at afuture date. He notefd that a bill he signed Tuesday regarding electricians education standards was similar to one he vetoedf in 2008 while telling competinyg sides on the measure that they neededs to work out acompromisee -- which they did this year. "kI also think that public policy should not be used tointerrupty negotiations," Ritter told the crowd, which included about 25 UFCW workers along with proponents of the bills bein signed. "It is my great hope that you're able to work this Then question-shouting began from the back. And Ritter'zs speech to the group ended.
Sunday, July 24, 2011
Bauer takes stars from 17 banks - Portland Business Journal:
xotavaloso.blogspot.com
The company uses federal regulatory data to rate banks based oncapital ratio, profit/loss trend, delinquent loansz and other factors. Bauer'as rating ranks from a high of 5 starse to a low of0 stars. in Coralo Gables lost a star going to four fromfive (superior) stars. Four otherws maintained their five-star ranking: American National Bank, Oakland Park City Nationap Bankof Florida, Miamii First National Bank, South Miami Intercontinental Bank, West Miamij in Miami rose to threre stars from two. First United Bank in Boca Raton and Biscayne Bank in Coconuyt Grove roseto 3.5 stars from in Fort Lauderdale made four up from 3.5. Several bankds went to 3.
5 from four They are: , Homestead Doral-based slipped this time to three starsfrom three-and-a-half starws in the first quarter. That’s down from four stars in the thirdr quarter oflast year. Other banks that slipped to threstars (good) from 3.5 are: Executivw National, Miami , Miami , Miami U.S. Century Miami Valley Bank, Fort Lauderdale Lydian Privatre Bank in Palm Grand Eastern Bank of Floridain Miami, Metro Bank of Dade County, and in Miami fell to two starss (problematic) from three. , Miami, in North Lauderdale and in Boca Rato fell a notch toone star, down from two in the fourthg quarter.
Four banks retained zero Bauer’s lowest rating: , Miamio Republic Federal Bank, Miami , Miami Integritgy Bank, Jupiter
The company uses federal regulatory data to rate banks based oncapital ratio, profit/loss trend, delinquent loansz and other factors. Bauer'as rating ranks from a high of 5 starse to a low of0 stars. in Coralo Gables lost a star going to four fromfive (superior) stars. Four otherws maintained their five-star ranking: American National Bank, Oakland Park City Nationap Bankof Florida, Miamii First National Bank, South Miami Intercontinental Bank, West Miamij in Miami rose to threre stars from two. First United Bank in Boca Raton and Biscayne Bank in Coconuyt Grove roseto 3.5 stars from in Fort Lauderdale made four up from 3.5. Several bankds went to 3.
5 from four They are: , Homestead Doral-based slipped this time to three starsfrom three-and-a-half starws in the first quarter. That’s down from four stars in the thirdr quarter oflast year. Other banks that slipped to threstars (good) from 3.5 are: Executivw National, Miami , Miami , Miami U.S. Century Miami Valley Bank, Fort Lauderdale Lydian Privatre Bank in Palm Grand Eastern Bank of Floridain Miami, Metro Bank of Dade County, and in Miami fell to two starss (problematic) from three. , Miami, in North Lauderdale and in Boca Rato fell a notch toone star, down from two in the fourthg quarter.
Four banks retained zero Bauer’s lowest rating: , Miamio Republic Federal Bank, Miami , Miami Integritgy Bank, Jupiter
Friday, July 22, 2011
Beige Book: Region
framptongeqeaqu1461.blogspot.com
Consumer spending in the region was weak and is expected toremaibn soft, the closely watched survey said, but “anh uptick in manufacturing orders helped stabilize expectations for future production.” The Beige Book also said that “commerciakl real estate market conditions deteriorated, and energu activity declined further.” Bankers, it said, “reported a rise in depositsa and stable loan demand with no erosiojn in loan quality.” It said consumer pricer and wage pressures remained low.
Meanwhile, producer prices “declined at a slowe r pace, with some firms noting that higher commodit y prices boosted material andfuel Overall, the latest regional Beigew Book — covering a six-week period was somewhat more optimistic than the last survey, releasefd April 15. The report covers the Fed’s Kansax City-based 10th District. It is based on interview s with a sample of businesse representing key industries in each The reports are anecdotal and do notcontai statistics, but they are widely followef and help the Fed to set national economicv policy.
The Fed’s 10th District includes Kansas, Nebraska, Oklahoma and Wyoming as well as westerj Missouri and northernNew Mexico. Formally known as the “Summaruy of Commentary on Current Economicf Conditions by Federal Reserve the Beige Book is publisherd eight timesa year. The latesr report covers late Aprilthrougnh May. The Federal Reserve’s 10th District is also knowhn as the Kansas City districyt becausethe reserve’s regionaol bank is based there. .
Consumer spending in the region was weak and is expected toremaibn soft, the closely watched survey said, but “anh uptick in manufacturing orders helped stabilize expectations for future production.” The Beige Book also said that “commerciakl real estate market conditions deteriorated, and energu activity declined further.” Bankers, it said, “reported a rise in depositsa and stable loan demand with no erosiojn in loan quality.” It said consumer pricer and wage pressures remained low.
Meanwhile, producer prices “declined at a slowe r pace, with some firms noting that higher commodit y prices boosted material andfuel Overall, the latest regional Beigew Book — covering a six-week period was somewhat more optimistic than the last survey, releasefd April 15. The report covers the Fed’s Kansax City-based 10th District. It is based on interview s with a sample of businesse representing key industries in each The reports are anecdotal and do notcontai statistics, but they are widely followef and help the Fed to set national economicv policy.
The Fed’s 10th District includes Kansas, Nebraska, Oklahoma and Wyoming as well as westerj Missouri and northernNew Mexico. Formally known as the “Summaruy of Commentary on Current Economicf Conditions by Federal Reserve the Beige Book is publisherd eight timesa year. The latesr report covers late Aprilthrougnh May. The Federal Reserve’s 10th District is also knowhn as the Kansas City districyt becausethe reserve’s regionaol bank is based there. .
Wednesday, July 20, 2011
Pair the Finest Elements With the Most Stunning Wedding Venue at The Ritz ... - MarketWatch (press release)
http://cufurac.comyr.com/
Al-Bawaba | Pair the Finest Elements With the Most Stunning Wedding Venue at The Ritz ... MarketWatch (press release) Dedicated to pairing the finest elements with the most stunning Denver wedding venues, our specialists are available to assist with every step in planning » |
Monday, July 18, 2011
Cracker Barrel sales flat, earnings up - Dayton Business Journal:
inofiquxi.wordpress.com
Lebanon-based (NASDAQ: CBRL) reported income of $11. million, or 52 cents per diluted share, in the quarte r ending May 1, compared to $10.4 million, or 46 cents per diluteds share, in the year-ago period. Revenue was flat at $567.5 compared to $567.1 million in the year-agop quarter. Cracker Barrel’s earnings beat analysts’ On average, analysts estimated earnings of 44 cents per shar on revenueof $568 according to Thomson Financial “We are pleased to report a 13 percenty increase in earnings per share for the quarted and a 20-basis-point improvement in operating margin on flat salezs despite higher health care costs,” Cracked Barrel CEO Michael Woodhouse said in a statement.
“Thi s shows that we are making measurabler progress in cost controls and improved profitabilitgy at thestore level.” Woodhouse says the company’ss latest surveys show it is achieving highed levels of customer satisfaction. The company says the shift of Easter from Marc to April hurt salez in March but helped in For thefull quarter, a latet Easter helped comparable store sales by abougt 1 percent, the companyy says. At noon on Wednesday, shareas of Cracker Barrel were tradingat $30.96, down 1.6 percen t from the previous day’s closing price of The 52-week range is $10.67 to $35.18.
Lebanon-based (NASDAQ: CBRL) reported income of $11. million, or 52 cents per diluted share, in the quarte r ending May 1, compared to $10.4 million, or 46 cents per diluteds share, in the year-ago period. Revenue was flat at $567.5 compared to $567.1 million in the year-agop quarter. Cracker Barrel’s earnings beat analysts’ On average, analysts estimated earnings of 44 cents per shar on revenueof $568 according to Thomson Financial “We are pleased to report a 13 percenty increase in earnings per share for the quarted and a 20-basis-point improvement in operating margin on flat salezs despite higher health care costs,” Cracked Barrel CEO Michael Woodhouse said in a statement.
“Thi s shows that we are making measurabler progress in cost controls and improved profitabilitgy at thestore level.” Woodhouse says the company’ss latest surveys show it is achieving highed levels of customer satisfaction. The company says the shift of Easter from Marc to April hurt salez in March but helped in For thefull quarter, a latet Easter helped comparable store sales by abougt 1 percent, the companyy says. At noon on Wednesday, shareas of Cracker Barrel were tradingat $30.96, down 1.6 percen t from the previous day’s closing price of The 52-week range is $10.67 to $35.18.
Friday, July 15, 2011
Niagara fruit crops holding up - Business First of Buffalo:
olimstgon.blogspot.com
But many more orchards and other areas, including residential areas in the Lake OntarioFruit Belt, remain to be testex for plum pox viru s before September. Teams working for the and the statr Department of Agriculture and Markets began taking leaf samplesein May. Subsequent laboratory tests did not disclose any new outbreaks of the viruas inNiagara County, Jackie Klahn, director of the USDA’es Lockport field office, said. In early May, as orchardsa blossomed, optimism was growing that the spread of the which made its Niagara County debugt 2006 might be Between 2006and 2008, plum pox was discovered in severao Niagara County orchards, in Orleans County and Wayne east of Rochester.
Though harmless to humane and animals, the virus poses an economidc risk for commercial fruit growers because they must destroy all susceptiblde treeswithin 1.5 milez to 2 miles of an identified hot spot. Plum pox destroyse the commercial value of the fruitg that it attacks because it discolorws anddisfigures peaches, prunes and nectarines. In New York state counties lying alongLake Ontario’s south shore, fruit growing is a multi-million-dollar industry.
But many more orchards and other areas, including residential areas in the Lake OntarioFruit Belt, remain to be testex for plum pox viru s before September. Teams working for the and the statr Department of Agriculture and Markets began taking leaf samplesein May. Subsequent laboratory tests did not disclose any new outbreaks of the viruas inNiagara County, Jackie Klahn, director of the USDA’es Lockport field office, said. In early May, as orchardsa blossomed, optimism was growing that the spread of the which made its Niagara County debugt 2006 might be Between 2006and 2008, plum pox was discovered in severao Niagara County orchards, in Orleans County and Wayne east of Rochester.
Though harmless to humane and animals, the virus poses an economidc risk for commercial fruit growers because they must destroy all susceptiblde treeswithin 1.5 milez to 2 miles of an identified hot spot. Plum pox destroyse the commercial value of the fruitg that it attacks because it discolorws anddisfigures peaches, prunes and nectarines. In New York state counties lying alongLake Ontario’s south shore, fruit growing is a multi-million-dollar industry.
Wednesday, July 13, 2011
Marketing at festivals can be way to draw customers - Phoenix Business Journal:
srikanth-topic.blogspot.com
Festival organizers say they are working hard this year to tailoe marketing opportunities to meet the needs of theirflocal sponsors. One new marketing opportunity at Summerfest isgate giveaways, said John ’s vice president of sales and marketing. Four businesses — , U.S. Cellular, and Chipotle — will give a promotional item to patron at select times on four separatw days duringthe 11-day music festival. Boled said the program is probably one of the most economicall sponsorship opportunitiesat Summerfest, although he declined to say what fee companie pay.
“If they have a particular productf they want to put inour patrons’ hande or if they want to put a special offerd that will bounce that patron back to the retail establishment after an event, that’s how theswe programs can provide benefit to a locapl marketer,” he said. Marcus Hotels & Resorts will have two new promotionxs at Summerfest and also for the first time has createxd room packagesaround Milwaukee’sz ethnic festivals. The first 5,0009 patrons through the Summerfest gatews on June 27 beginning at noon will receivwe a gift card booklert with discountsfor Marcus-owned such as the Well Spa and Mason Street Grilk at The Pfister Hotel.
On Family Day, Marcus also will distributs cups withthe company’s water park logos and a card inside that will be good for 50 game tokenw at either of its Paradise Landing or Timber Ridge Lodgs water parks. In addition, Marcus will have a bootn at Irish Fest in August promoting an opportunityh for guests to book their stay fornext year’ festival. Marcus has created an Irishy Fest package for an extended stay vacation that comesa with authentic Irish Fest The company also has createda “Seizse the 3-Day Weekend” package that offers visitorsz to all of the city’d festivals a free third night if they book two said Chris Anderson, a Marcus Marketing at the festivals is Anderson said.
“It’s old-fashioned direct Anderson said. “Face-to-face sales are still some of the best form of You have a great chance of convertin that customer intoa vacationer.” Othe local companies said the festivals provide an opportunitgy to reach their target markets and be seen as a communitg supporter. sponsors the Liturgy on Sundahand children’s activities at Irish Fest. The companyy will sponsor the Family Passport progra at theethnic festival, for whicy families pick up a passport and travel with thei r children to 10 festival destinations highlighting educationb and Irish culture.
“It’s a great opportunity for Catholif Knights to be seen supportingcommunitu organizations,” said Bill O’Toole, the Milwaukee company’a president and chief executive officer. “It shows that we’rse supportive of community organizations that sharweour values.” By supporting activities such as the Liturgyg and Passport program, the compangy also reaches its target O’Toole said. Figuring out ways to help businessez reach their audience is an important part of keepinhg sponsors coming back to Irish saidJane Anderson, Irish Fest executive Companies are “always looking to get the visibility and the she said.
Sponsorship dollars are down for Festas Italianathis year, said Henry Piano, Festaq Italiana chairman. But the festival has attractec some new local includingPiggly Wiggly.
Festival organizers say they are working hard this year to tailoe marketing opportunities to meet the needs of theirflocal sponsors. One new marketing opportunity at Summerfest isgate giveaways, said John ’s vice president of sales and marketing. Four businesses — , U.S. Cellular, and Chipotle — will give a promotional item to patron at select times on four separatw days duringthe 11-day music festival. Boled said the program is probably one of the most economicall sponsorship opportunitiesat Summerfest, although he declined to say what fee companie pay.
“If they have a particular productf they want to put inour patrons’ hande or if they want to put a special offerd that will bounce that patron back to the retail establishment after an event, that’s how theswe programs can provide benefit to a locapl marketer,” he said. Marcus Hotels & Resorts will have two new promotionxs at Summerfest and also for the first time has createxd room packagesaround Milwaukee’sz ethnic festivals. The first 5,0009 patrons through the Summerfest gatews on June 27 beginning at noon will receivwe a gift card booklert with discountsfor Marcus-owned such as the Well Spa and Mason Street Grilk at The Pfister Hotel.
On Family Day, Marcus also will distributs cups withthe company’s water park logos and a card inside that will be good for 50 game tokenw at either of its Paradise Landing or Timber Ridge Lodgs water parks. In addition, Marcus will have a bootn at Irish Fest in August promoting an opportunityh for guests to book their stay fornext year’ festival. Marcus has created an Irishy Fest package for an extended stay vacation that comesa with authentic Irish Fest The company also has createda “Seizse the 3-Day Weekend” package that offers visitorsz to all of the city’d festivals a free third night if they book two said Chris Anderson, a Marcus Marketing at the festivals is Anderson said.
“It’s old-fashioned direct Anderson said. “Face-to-face sales are still some of the best form of You have a great chance of convertin that customer intoa vacationer.” Othe local companies said the festivals provide an opportunitgy to reach their target markets and be seen as a communitg supporter. sponsors the Liturgy on Sundahand children’s activities at Irish Fest. The companyy will sponsor the Family Passport progra at theethnic festival, for whicy families pick up a passport and travel with thei r children to 10 festival destinations highlighting educationb and Irish culture.
“It’s a great opportunity for Catholif Knights to be seen supportingcommunitu organizations,” said Bill O’Toole, the Milwaukee company’a president and chief executive officer. “It shows that we’rse supportive of community organizations that sharweour values.” By supporting activities such as the Liturgyg and Passport program, the compangy also reaches its target O’Toole said. Figuring out ways to help businessez reach their audience is an important part of keepinhg sponsors coming back to Irish saidJane Anderson, Irish Fest executive Companies are “always looking to get the visibility and the she said.
Sponsorship dollars are down for Festas Italianathis year, said Henry Piano, Festaq Italiana chairman. But the festival has attractec some new local includingPiggly Wiggly.
Monday, July 11, 2011
Job losses put squeeze on students in Silicon Valley - Silicon Valley / San Jose Business Journal:
http://ourladyofhealth.com/index.php?option=com_content&view=article&id=18&Itemid=23
Mathur, a senior technical program managetat , aims to leverage the undergraduatw technology background he garnered at Rohilkhand University in his nativ e India as well as his graduatwe studies in information systems and business at . But the economyt has derailed his effort. On April 2, Sun told Mathure that his positionwas redundant. That means at the end of May he will losehis job, as well as the tuitionj reimbursement package the company was putting toward his MBA at Santaw Clara University’s Leavey School of Business. “Noq my primary job is findingg anew job,” said Mathur, addinvg that he knows at least a half dozen classmate s in a similar position.
“Thde studies take a beating because you’re obviouslhy not as focused as you’d like to be. Suddenly I have to pay all this and who knows howlong I’ll be in this positionn of making no money.” It’s a growinv problem at Leavey’s graduate program, a part-timw model where a majority of students are full-tim professionals by day and their tuitio is supplemented by employer reimbursements. As a private institutionj that sits high innational rankings, the prograkm is anything but cheap. A three-unit evening MBA clase for the 2008-09 school year costs $2,352. The accelerateed MBA tuition for the classof 2010, whichn began last summer, topped $72,000.
Studentds in the Executive MBA programm from the class of 2009paid $92,000. “I think anecdotally there’s a lot of uneasiness (among at the business school right now,” said Elizabetgh Ford, senior assistant dean of graduates programsat Leavey. “Without havintg statistics on morale, we can sensee it. It’s very unpredictable for us righyt now.” Enrollments in full-time graduate programs typicallh spike when there are large numbersof layoffs, with undergraduatexs electing to go directly to graduate school rathedr than test the job market.
Applicationz for the class of 2010 atStanfored University’s Graduate School of Business rose 43 percent over the class of 2007, from 4,5821 to 6,575 for about 745 slots. But theree are no guarantees there will be a job waiting aftef completinggraduate school. “When peopl e come to a graduatebusinesse school, especially a full-time program, there’s a high desire to either take a step up in managementg in the same field or look at dointg something very different from what you were doing beforde you came to school,” said Andy Chan, assistanyt dean and director of the MBA career management centeer at Stanford’s Graduate School of Business.
“In a down econom employers are less willing and have less of a need for hirin people withoutdirect experience.” The biggesg challenge today for businessd school graduate students, Chan is the sheer number of candidates in the job There are students coming out of people already let go by theif company and those at unhealthy companieds perhaps anticipating work force cuts. Stanfordd students are drawing on thebusiness school’xs staff of career advisers as well as alumni employed to give Each year, whether face-to-face or via telephone, the graduate schoolp facilitates more than 2,00o career counseling appointments with students and alumni, Chan That doesn’t include informal such as e-mail and phone correspondence.
If there is any good news to be it’s that there’s still “az decent flow of job opportunities coming through the Chan said, though 30 percent less than last year or the year “The good news is that we have employersa who are looking at Chan said. “I’m not so discouraged from the standpointr ofno jobs.” Ford said part-time business programss are trying to “gauge and what’s going to happen for fall enrollment. Initiapl indicators show that interestremainx high. Information sessions are attracting good Applications to the graduate prograjm are even with last year about 400 competing for 225 to250 slots.
The questiob is whether those applications translatreto matriculation. “We just don’t Ford said. There’s no way to know how many studentz are affected by the same scenariooas Mathur, she said, but the business school has begun taking steps to address it.
Mathur, a senior technical program managetat , aims to leverage the undergraduatw technology background he garnered at Rohilkhand University in his nativ e India as well as his graduatwe studies in information systems and business at . But the economyt has derailed his effort. On April 2, Sun told Mathure that his positionwas redundant. That means at the end of May he will losehis job, as well as the tuitionj reimbursement package the company was putting toward his MBA at Santaw Clara University’s Leavey School of Business. “Noq my primary job is findingg anew job,” said Mathur, addinvg that he knows at least a half dozen classmate s in a similar position.
“Thde studies take a beating because you’re obviouslhy not as focused as you’d like to be. Suddenly I have to pay all this and who knows howlong I’ll be in this positionn of making no money.” It’s a growinv problem at Leavey’s graduate program, a part-timw model where a majority of students are full-tim professionals by day and their tuitio is supplemented by employer reimbursements. As a private institutionj that sits high innational rankings, the prograkm is anything but cheap. A three-unit evening MBA clase for the 2008-09 school year costs $2,352. The accelerateed MBA tuition for the classof 2010, whichn began last summer, topped $72,000.
Studentds in the Executive MBA programm from the class of 2009paid $92,000. “I think anecdotally there’s a lot of uneasiness (among at the business school right now,” said Elizabetgh Ford, senior assistant dean of graduates programsat Leavey. “Without havintg statistics on morale, we can sensee it. It’s very unpredictable for us righyt now.” Enrollments in full-time graduate programs typicallh spike when there are large numbersof layoffs, with undergraduatexs electing to go directly to graduate school rathedr than test the job market.
Applicationz for the class of 2010 atStanfored University’s Graduate School of Business rose 43 percent over the class of 2007, from 4,5821 to 6,575 for about 745 slots. But theree are no guarantees there will be a job waiting aftef completinggraduate school. “When peopl e come to a graduatebusinesse school, especially a full-time program, there’s a high desire to either take a step up in managementg in the same field or look at dointg something very different from what you were doing beforde you came to school,” said Andy Chan, assistanyt dean and director of the MBA career management centeer at Stanford’s Graduate School of Business.
“In a down econom employers are less willing and have less of a need for hirin people withoutdirect experience.” The biggesg challenge today for businessd school graduate students, Chan is the sheer number of candidates in the job There are students coming out of people already let go by theif company and those at unhealthy companieds perhaps anticipating work force cuts. Stanfordd students are drawing on thebusiness school’xs staff of career advisers as well as alumni employed to give Each year, whether face-to-face or via telephone, the graduate schoolp facilitates more than 2,00o career counseling appointments with students and alumni, Chan That doesn’t include informal such as e-mail and phone correspondence.
If there is any good news to be it’s that there’s still “az decent flow of job opportunities coming through the Chan said, though 30 percent less than last year or the year “The good news is that we have employersa who are looking at Chan said. “I’m not so discouraged from the standpointr ofno jobs.” Ford said part-time business programss are trying to “gauge and what’s going to happen for fall enrollment. Initiapl indicators show that interestremainx high. Information sessions are attracting good Applications to the graduate prograjm are even with last year about 400 competing for 225 to250 slots.
The questiob is whether those applications translatreto matriculation. “We just don’t Ford said. There’s no way to know how many studentz are affected by the same scenariooas Mathur, she said, but the business school has begun taking steps to address it.
Friday, July 8, 2011
Assisting Asian homeowners - Atlanta Business Chronicle:
http://stonegables.net/aboutthehouse.html
In San Francisco, Asian immigrantzs once clustered intospecific areas, but “after a the second and thirf generations began moving out to the suburbs,” Chu said. Soon it wasn’yt just agents located near the immigrant areas working with potentialkAsian homeowners, she said. AREAA can help agente learn more about the differences in Asiajncommunities themselves, Chu said. “Serving the Asian populationj takes complexity,” said Chu, who herself was born in British-controlled Hong Kong to mainlansdChinese parents. Chu’s Chinese background is differenyt fromher parents, and differenft from her Chinese-American children, she said.
“You have many different multiple cultures, multiple habits and beliefs.” AREAA’s focus this year is to grow thelocakl chapters, Fu said. “We have about 17,000 members [nationally], but it is hard to serve loca l communities withoutlocal chapters.”
In San Francisco, Asian immigrantzs once clustered intospecific areas, but “after a the second and thirf generations began moving out to the suburbs,” Chu said. Soon it wasn’yt just agents located near the immigrant areas working with potentialkAsian homeowners, she said. AREAA can help agente learn more about the differences in Asiajncommunities themselves, Chu said. “Serving the Asian populationj takes complexity,” said Chu, who herself was born in British-controlled Hong Kong to mainlansdChinese parents. Chu’s Chinese background is differenyt fromher parents, and differenft from her Chinese-American children, she said.
“You have many different multiple cultures, multiple habits and beliefs.” AREAA’s focus this year is to grow thelocakl chapters, Fu said. “We have about 17,000 members [nationally], but it is hard to serve loca l communities withoutlocal chapters.”
Wednesday, July 6, 2011
Discover Retained at Outperform - Zacks.com
ycoguqi.wordpress.com
Forbes (blog) | Discover Retained at Outperform Zacks.com Discover has grown to become one of the largest card issuers in the US and a leading innovator and driver of change in the credit card industry. The company continues to explore healthy opportunities for inorganic growth and also implements several ... Discover Financial Services Reaches New 52-Week High (DFS) Discover Index: US Consumer Confidence Down Sharply In June |
Monday, July 4, 2011
Study: 50% borrow money for college - Washington Business Journal:
elzeyfirekuut1795.blogspot.com
“Drowning in Debt: The Emerging Student Loan Crisis,” released by an independenft education policy think tank called theEducatiohn Sector, analyzed 15 years of data through the 2007-0i8 academic year. The cost of attendingv a public university has doubled over the past two causing previously unseen costs of higher Family income and student financialaid haven’ t kept up with the increasing costs, forcing students to borros money for their education than ever before. More studentws are finding those funds in the formof unregulated, private student where they pay the highesft interest rates. Minority college students appear to be borrowing adisproportionate share.
“If this excessive borrowinvg continues, the consequences for students could be report authors Erin Dillon and Kevin Carey said in anews “President Obama’s proposed reforms to the federa student loan program are a good starrt to solving the but reforming state and institutional aid as well as creating incentivee for colleges to restrain tuitiojn costs are essential, particularlyy in our current economic crisis.
” Some of the reasonas for the student loan crisis, the report said, are “out-of-control tuition increases, lack of commitment to need-baseed financial aid, and states and universities increasingly spending scarce financiakl aid dollars on wealthy students.” If thesde trends continue, people will have less accessx to higher education, they’ll have increasinhg rates of catastrophic loan defaults and they will have diminished life choices, the think tank said.
Borrowing has gone from beingb the exception for undergraduatesin 1993, at only 32 percent, to the As of 2008, more than 50 percent of student at public four-year universities borrowed for their In for-profit education, the percentage of borrowerw went to 92 percent in 2008 from 53 percenft in 1993. The average annual debt for borrowerwat four-year private universities increased by 70 percent over the studt period, while the average debt for studentsw at for-profit colleges increased by 57 to $9,600 a year. Only 5 percent of undergraduatesa borrowed private loansin 2003-04. In four the percentage grew to14 percent.
Betweejn 2004 and 2008, the percentage of Africah American students who took out privateloanws tripled, giving that group higher participation levels than whites or Hispanic students. At private, four-year institutions in the wealthiest students received institutional grants of nearl y equal size to those earned by thepoorest
“Drowning in Debt: The Emerging Student Loan Crisis,” released by an independenft education policy think tank called theEducatiohn Sector, analyzed 15 years of data through the 2007-0i8 academic year. The cost of attendingv a public university has doubled over the past two causing previously unseen costs of higher Family income and student financialaid haven’ t kept up with the increasing costs, forcing students to borros money for their education than ever before. More studentws are finding those funds in the formof unregulated, private student where they pay the highesft interest rates. Minority college students appear to be borrowing adisproportionate share.
“If this excessive borrowinvg continues, the consequences for students could be report authors Erin Dillon and Kevin Carey said in anews “President Obama’s proposed reforms to the federa student loan program are a good starrt to solving the but reforming state and institutional aid as well as creating incentivee for colleges to restrain tuitiojn costs are essential, particularlyy in our current economic crisis.
” Some of the reasonas for the student loan crisis, the report said, are “out-of-control tuition increases, lack of commitment to need-baseed financial aid, and states and universities increasingly spending scarce financiakl aid dollars on wealthy students.” If thesde trends continue, people will have less accessx to higher education, they’ll have increasinhg rates of catastrophic loan defaults and they will have diminished life choices, the think tank said.
Borrowing has gone from beingb the exception for undergraduatesin 1993, at only 32 percent, to the As of 2008, more than 50 percent of student at public four-year universities borrowed for their In for-profit education, the percentage of borrowerw went to 92 percent in 2008 from 53 percenft in 1993. The average annual debt for borrowerwat four-year private universities increased by 70 percent over the studt period, while the average debt for studentsw at for-profit colleges increased by 57 to $9,600 a year. Only 5 percent of undergraduatesa borrowed private loansin 2003-04. In four the percentage grew to14 percent.
Betweejn 2004 and 2008, the percentage of Africah American students who took out privateloanws tripled, giving that group higher participation levels than whites or Hispanic students. At private, four-year institutions in the wealthiest students received institutional grants of nearl y equal size to those earned by thepoorest
Saturday, July 2, 2011
Two MERC commissioners resign - Phoenix Business Journal:
http://linkstomagazines.com/automagazines/automotive5.html
The resignations of Gary Reynolds and Janice Marqui come about two weeks beforw councilorsfor Metro, of which MERC is a plan to vote on a measure that would give the councill more control over MERC’sx general manager. The move could ostensibly lead to the firiny of MERC General ManagerDavid Woolson, who’a under fire from President David Bragdon. Reynoldse and Marquis both opposethe Reynolds, president of the Portland accounting firm Perkins Co., mentioned the building problems between Metroo and MERC in his resignation “During the economic times, my attention needws to be focused on our clients at Perkinxs & Co.,” Reynolds wroter in his letter to Bragdon.
“That I am disappointed in the recentr breakdown in the working relationship between the Metroo Council andthe , and believe it could have been handledr differently.” Marquis, a commercial real estate broker and the commission’sx vice chair, didn’t mention the upcoming proposa l in her letter to Bragdon, but resignecd two years before her term was set to end. In a lettefr to Portland city commissioners earlierethis month, Marquis and commission member Ray Leary urgerd the council to help delay Metro’s vote on the MERC oversighft matter. Leary, Marquis, Reynolds and three of the other four remaininb MERC commissions also sent Bragdo a letterbacking Woolson.
The letter came afted Bragdon questioned the leadership of MERC General ManagerDavid Woolson. The othe r commission member, Don Trotter, resigned last month and will leave the boarfJune 30. Reynolds’ resignation takes effec June 30. Marquis’ takes effect July 15. The termd of Trotter and Reynolds would have expired at the end of 2009whilr Marquis' term was to expire at the end of 2010. The Metro Council plans to vote on the MERCmeasurr — which would give Metro the authority to hire and fire the MERC generalk manager — at its July 9 It was introduced by councilors Rod Park and Rex Burkholder, who also have concernw about Woolson’s performance.
MERC oversees the Oregon Convention the Portland Center for the Performing Arts and the Portlandd MetropolitanExposition Center. Metro’s councilora are mulling a $457 million budger for fiscal year 2009-2010. The regional government servesa 1.4 million people in the metropolitan area’s 25 cities.
The resignations of Gary Reynolds and Janice Marqui come about two weeks beforw councilorsfor Metro, of which MERC is a plan to vote on a measure that would give the councill more control over MERC’sx general manager. The move could ostensibly lead to the firiny of MERC General ManagerDavid Woolson, who’a under fire from President David Bragdon. Reynoldse and Marquis both opposethe Reynolds, president of the Portland accounting firm Perkins Co., mentioned the building problems between Metroo and MERC in his resignation “During the economic times, my attention needws to be focused on our clients at Perkinxs & Co.,” Reynolds wroter in his letter to Bragdon.
“That I am disappointed in the recentr breakdown in the working relationship between the Metroo Council andthe , and believe it could have been handledr differently.” Marquis, a commercial real estate broker and the commission’sx vice chair, didn’t mention the upcoming proposa l in her letter to Bragdon, but resignecd two years before her term was set to end. In a lettefr to Portland city commissioners earlierethis month, Marquis and commission member Ray Leary urgerd the council to help delay Metro’s vote on the MERC oversighft matter. Leary, Marquis, Reynolds and three of the other four remaininb MERC commissions also sent Bragdo a letterbacking Woolson.
The letter came afted Bragdon questioned the leadership of MERC General ManagerDavid Woolson. The othe r commission member, Don Trotter, resigned last month and will leave the boarfJune 30. Reynolds’ resignation takes effec June 30. Marquis’ takes effect July 15. The termd of Trotter and Reynolds would have expired at the end of 2009whilr Marquis' term was to expire at the end of 2010. The Metro Council plans to vote on the MERCmeasurr — which would give Metro the authority to hire and fire the MERC generalk manager — at its July 9 It was introduced by councilors Rod Park and Rex Burkholder, who also have concernw about Woolson’s performance.
MERC oversees the Oregon Convention the Portland Center for the Performing Arts and the Portlandd MetropolitanExposition Center. Metro’s councilora are mulling a $457 million budger for fiscal year 2009-2010. The regional government servesa 1.4 million people in the metropolitan area’s 25 cities.
Wednesday, June 29, 2011
Continental AG's Implementation of Driver Assistance Systems Propels it to Top ... - MarketWatch (press release)
modestofyeyko.blogspot.com
Continental AG's Implementation of Driver Assistance Systems Propels it to Top ... MarketWatch (press release) LONDON, Jun 29, 2011 (BUSINESS WIRE) -- Continental AG has been ranked at the top of the latest Vendor Matrix released by ABI Research. Autoliv Inc. and Delphi Corporation claimed the second and third spots in the company's new evaluation of worldwide ... |
Monday, June 27, 2011
Maderis stepping down from Five Prime - The Business Review (Albany):
qalymeled.wordpress.com
The company has hired Julia the former executive vice president and chief financial officetat , as Maderis’ replacement. Maderis’ health condition was not disclosed, but she will continuee to serve onFive Prime’w board of directors and as a consultant. Her finapl day on the job is June 18. “Gail’s leadershil has been pivotal in the progress Five Primew has made in developing our pipeline and our new discovery said company founder and executivechairman Dr. Lewizs “Rusty” Williams in a presx release.
Maderis said the compangy had been looking for a replacement since late last year afterr doctorssaid "the 24/7 pace of a small-company CEO" could worsen her condition. Besides her dutiesx at Five Prime, Maderis has been a cheerleader for the MissionnBay enclave, serving on the Mayor’s . Five a privately held, 7-year-old company developing antibodgy and protein drugs for cancet andother diseases, was the firsgt to locate in Mission Bay, takinyg about 30,000 feet in the buildinhg on Owens Street.
Earlier this year, it took an additiona 5,000 square feet next door at 1700 Owens as it makesx batches for its Phase I oncology drug The timing of the executive change as Five Primes moves forward with its lead cancetr programmakes Gregory’s appointment a crucial one. At Gregory was responsible forfinancing strategies, mergers and business operations and all financial management and She raised about $1 billionn in public and privatde equity, product development financing and other Gregory, who will join Five Prime’e board, was an investment banker for more than 20 years. At and Read & Co. Inc.
she was head of healthcar e andinvestment banking, leading several private and publicv equity deals as well as mergers and acquisitions. Gregory also is a membetr of the board of The andthe ’sz .
The company has hired Julia the former executive vice president and chief financial officetat , as Maderis’ replacement. Maderis’ health condition was not disclosed, but she will continuee to serve onFive Prime’w board of directors and as a consultant. Her finapl day on the job is June 18. “Gail’s leadershil has been pivotal in the progress Five Primew has made in developing our pipeline and our new discovery said company founder and executivechairman Dr. Lewizs “Rusty” Williams in a presx release.
Maderis said the compangy had been looking for a replacement since late last year afterr doctorssaid "the 24/7 pace of a small-company CEO" could worsen her condition. Besides her dutiesx at Five Prime, Maderis has been a cheerleader for the MissionnBay enclave, serving on the Mayor’s . Five a privately held, 7-year-old company developing antibodgy and protein drugs for cancet andother diseases, was the firsgt to locate in Mission Bay, takinyg about 30,000 feet in the buildinhg on Owens Street.
Earlier this year, it took an additiona 5,000 square feet next door at 1700 Owens as it makesx batches for its Phase I oncology drug The timing of the executive change as Five Primes moves forward with its lead cancetr programmakes Gregory’s appointment a crucial one. At Gregory was responsible forfinancing strategies, mergers and business operations and all financial management and She raised about $1 billionn in public and privatde equity, product development financing and other Gregory, who will join Five Prime’e board, was an investment banker for more than 20 years. At and Read & Co. Inc.
she was head of healthcar e andinvestment banking, leading several private and publicv equity deals as well as mergers and acquisitions. Gregory also is a membetr of the board of The andthe ’sz .
Saturday, June 25, 2011
Woodland Corporate Center building gets LEED gold certification - Business First of Columbus:
husolumiz.wordpress.com
The building, which opened early last year, was designed and built to meet the seconr highest ranking ofthe Council’sd Leadership in Energy and Environmental Design. was the generap contractor. Liberty Property Trust Vice Presidentf Jody Johnston estimates the cost of building to green standardsw added an additional 5 percent to the overallldevelopment costs, but that will be more than offset by lowedr energy costs. Special features include showers and lockerxs for workers who need to wash or changwe clothes after they bike or jogto work. A deck made of recycled plastic borders the back ofthe building, overlookin g a wetlands area that provides shade.
Landscapingv incorporates drought-resistant plants native to A white reflective roof deflectssthe sun. Bins for recycling are placed near trash binsfor accessibility. Restroom urinals conserve water by relyiny on gravity and a filter instead of That feature is expected tosave 360,000 gallon s annually since each urinal uses an estimated 40,000 gallons Johnston said. Grass surrounding the parkin lot soaksup rainwater. And a recycled rubber, was used instead of asphaltt around the large oak trees that linethe lots. The porouz rubber allows water to soak intothe ground. The located at 4631 Woodland Blvd.
, received the “Office Buildingy of the Year” Award from the Tampw Bay Chapter of the andthe “Greenh Building Design Award” from the Hillsborougbh City-County Planning Commission in Tampa. Liberty (NYSE: LRY) has developefd and leased 19 buildings with nearly 1 million squared feet of space in the parksince 1996. Key park tenants include , Travelers, Travel and .
The building, which opened early last year, was designed and built to meet the seconr highest ranking ofthe Council’sd Leadership in Energy and Environmental Design. was the generap contractor. Liberty Property Trust Vice Presidentf Jody Johnston estimates the cost of building to green standardsw added an additional 5 percent to the overallldevelopment costs, but that will be more than offset by lowedr energy costs. Special features include showers and lockerxs for workers who need to wash or changwe clothes after they bike or jogto work. A deck made of recycled plastic borders the back ofthe building, overlookin g a wetlands area that provides shade.
Landscapingv incorporates drought-resistant plants native to A white reflective roof deflectssthe sun. Bins for recycling are placed near trash binsfor accessibility. Restroom urinals conserve water by relyiny on gravity and a filter instead of That feature is expected tosave 360,000 gallon s annually since each urinal uses an estimated 40,000 gallons Johnston said. Grass surrounding the parkin lot soaksup rainwater. And a recycled rubber, was used instead of asphaltt around the large oak trees that linethe lots. The porouz rubber allows water to soak intothe ground. The located at 4631 Woodland Blvd.
, received the “Office Buildingy of the Year” Award from the Tampw Bay Chapter of the andthe “Greenh Building Design Award” from the Hillsborougbh City-County Planning Commission in Tampa. Liberty (NYSE: LRY) has developefd and leased 19 buildings with nearly 1 million squared feet of space in the parksince 1996. Key park tenants include , Travelers, Travel and .
Wednesday, June 22, 2011
McKesson Specialty Care Solutions | US Oncology Honors Five Exceptional ... - PR Newswire (press release)
stony-coating.blogspot.com
McKesson Specialty Care Solutions | US Oncology Honors Five Exceptional ... PR Newswire (press release) THE WOODLANDS, Texas, June 22, 2011 /PRNewswire/ -- Five exceptional oncology nurses out of nearly 2400 nationwide were recognized by McKesson Specialty Care Solutions | US Oncology for their dedication to their profession and their passion for their ... |
Monday, June 20, 2011
Region's unemployment rate falls to 10.8% - Sacramento Business Journal:
uhetemejih.wordpress.com
The four-county region’s jobless rate dropped to 10.8 percenrt last month, compared to a modern-dah record 11.4 in March — but much highert than the 5.9 percent in April according to the state Employment Development Department reporgtreleased Friday. The economy eked out a 200-joh increase last month, bringinyg the jobless rate back down to the January Agriculture addedabout 1,200 jobs common for the labor-intensive, mid-springh work — and government createcd 500 jobs, only with an increases in federal employment as the state and many local governments battling budge t deficits trimmed their work forces.
The hospitality and leisured industry also created abour 200 jobslast month, compared to March. The retai l sector — from national department-storse chains to mom-and-pop shops eliminated about 900 jobslast month, as consumed spending remains sluggish. For the the region has lost 42,700 jobs, or 4.8 percent of its work according to theEDD report. The trade-transportation-utilities sector — whicjh also includes retail — has been the biggestg loser, eliminating 12,200 positions, includinf 8,600 in retail.
Construction, another-hard-hit industry, has shed almost 20 percengt ofits employees, or 11,000 Professional and business services cut 9,000 jobs during the past year, with almost 60 percent from administrative and support Educational and health services remain the brightf spot in the downbeat economy, with the creatioj of 3,700 jobs during the past year. Despite the dip in the joblessx rate, about 114,600 peoplr remain unemployed in the slightly better thanthe 121,700 in March — but almosg twice the 62,200 a year ago. Fewerd than 50,000 were jobless in the regio n in April 2005and 2006. California’ jobless rate declined to 11 percent last comparedto 11.
2 percent in March and 6.6 percenty in April 2008. Despite the decline, the state lost 63,700 jobs last month, from the most of any state. The job-lossd figure is derived from interviewingh 42,000 businesses, and is considered a better measure of overal employment inthe state. Eithe r way, the figures indicate the global recession continues to have a firm grip on theGolden State. The state has lost 706,700p jobs during the past year, the most in the Almost 2.06 million people are about 35,000 fewer than a month ago. Forty-fourf states have lost jobs, with Texas and Michiga placing second and third on thedubiousw list.
Arkansas, Montana and Floridaq were the big three job creators according tothe . Michigan’s 12.9 percent unemploment rate last monty was the worst inthe nation, followexd by Oregon and South Carolina at 12 percengt and 11.5 percent, respectively.
The four-county region’s jobless rate dropped to 10.8 percenrt last month, compared to a modern-dah record 11.4 in March — but much highert than the 5.9 percent in April according to the state Employment Development Department reporgtreleased Friday. The economy eked out a 200-joh increase last month, bringinyg the jobless rate back down to the January Agriculture addedabout 1,200 jobs common for the labor-intensive, mid-springh work — and government createcd 500 jobs, only with an increases in federal employment as the state and many local governments battling budge t deficits trimmed their work forces.
The hospitality and leisured industry also created abour 200 jobslast month, compared to March. The retai l sector — from national department-storse chains to mom-and-pop shops eliminated about 900 jobslast month, as consumed spending remains sluggish. For the the region has lost 42,700 jobs, or 4.8 percent of its work according to theEDD report. The trade-transportation-utilities sector — whicjh also includes retail — has been the biggestg loser, eliminating 12,200 positions, includinf 8,600 in retail.
Construction, another-hard-hit industry, has shed almost 20 percengt ofits employees, or 11,000 Professional and business services cut 9,000 jobs during the past year, with almost 60 percent from administrative and support Educational and health services remain the brightf spot in the downbeat economy, with the creatioj of 3,700 jobs during the past year. Despite the dip in the joblessx rate, about 114,600 peoplr remain unemployed in the slightly better thanthe 121,700 in March — but almosg twice the 62,200 a year ago. Fewerd than 50,000 were jobless in the regio n in April 2005and 2006. California’ jobless rate declined to 11 percent last comparedto 11.
2 percent in March and 6.6 percenty in April 2008. Despite the decline, the state lost 63,700 jobs last month, from the most of any state. The job-lossd figure is derived from interviewingh 42,000 businesses, and is considered a better measure of overal employment inthe state. Eithe r way, the figures indicate the global recession continues to have a firm grip on theGolden State. The state has lost 706,700p jobs during the past year, the most in the Almost 2.06 million people are about 35,000 fewer than a month ago. Forty-fourf states have lost jobs, with Texas and Michiga placing second and third on thedubiousw list.
Arkansas, Montana and Floridaq were the big three job creators according tothe . Michigan’s 12.9 percent unemploment rate last monty was the worst inthe nation, followexd by Oregon and South Carolina at 12 percengt and 11.5 percent, respectively.
Saturday, June 18, 2011
Homebuilder Renaissance files reorganization plan - Portland Business Journal:
http://exhumator.com/00-239-01_esoteric-religious-spiritual-theologian-adolescent-as.html
The reorganization will consolidate the three companies into a singlre entity called Renaissance Development that will be less than half the size ofthe $163.5t million company that built homes at dozens of sitesw in the region as recently as 2006. Accordinh to the plan, filed June 30, Renaissance Development Co. will return to profitability in 2010 with anticipated revenue of $42.64 million, growing to $68.4r4 million by 2014. Since its Renaissance developed more than 50 neighborhoods ranging from a few homesd to more than 200 at asingle location. It has sold more than 1,40o new homes, 75 percent of them for singlwe families.
The company ran into trouble as earlyas when, coming off a record year, it had nearlyh 100 buyers back out of contracts due to the subprimre mortgage meltdown. The canceled deals cost Renaissance $55 million in revenuw and left it with a large inventory of unsold properties just as themarkeft slowed. The reorganization document lays out a plan to repayu secured creditors in full and partiall repay eight banks and other creditorsw that provided funds to buy and develol land andpurchase vehicles. Randyh Sebastian, who held 100 percent of the equity in the companiesbefore bankrupty, will remain the majority shareholdedr of post-bankruptcy Renaissance.
He’ll also remain president and CEO. Sebastian will receive sharee in exchange fora $2.18 millionj loan he and his wife made the company in order to help it survive bankruptcy. The Sebastians could loan the companh anadditional $5.77 million by the time Renaissance exits bankruptcy. Unsecurerd creditors will alsoreceive stock. Sebastiah and his chief lieutenant, Tim Breedlove, will serv on the new company’s board, together with two memberd selected by the creditors A fifth member will be selected by the The reorganization plan is subject to approvaol by creditors andthe court. A hearingf is scheduled for 1:30 p.m. Aug. 18 in U.S. Bankruptct Court, Courtroom 4, 1001 S.W.
Fifth Ave.
The reorganization will consolidate the three companies into a singlre entity called Renaissance Development that will be less than half the size ofthe $163.5t million company that built homes at dozens of sitesw in the region as recently as 2006. Accordinh to the plan, filed June 30, Renaissance Development Co. will return to profitability in 2010 with anticipated revenue of $42.64 million, growing to $68.4r4 million by 2014. Since its Renaissance developed more than 50 neighborhoods ranging from a few homesd to more than 200 at asingle location. It has sold more than 1,40o new homes, 75 percent of them for singlwe families.
The company ran into trouble as earlyas when, coming off a record year, it had nearlyh 100 buyers back out of contracts due to the subprimre mortgage meltdown. The canceled deals cost Renaissance $55 million in revenuw and left it with a large inventory of unsold properties just as themarkeft slowed. The reorganization document lays out a plan to repayu secured creditors in full and partiall repay eight banks and other creditorsw that provided funds to buy and develol land andpurchase vehicles. Randyh Sebastian, who held 100 percent of the equity in the companiesbefore bankrupty, will remain the majority shareholdedr of post-bankruptcy Renaissance.
He’ll also remain president and CEO. Sebastian will receive sharee in exchange fora $2.18 millionj loan he and his wife made the company in order to help it survive bankruptcy. The Sebastians could loan the companh anadditional $5.77 million by the time Renaissance exits bankruptcy. Unsecurerd creditors will alsoreceive stock. Sebastiah and his chief lieutenant, Tim Breedlove, will serv on the new company’s board, together with two memberd selected by the creditors A fifth member will be selected by the The reorganization plan is subject to approvaol by creditors andthe court. A hearingf is scheduled for 1:30 p.m. Aug. 18 in U.S. Bankruptct Court, Courtroom 4, 1001 S.W.
Fifth Ave.
Thursday, June 16, 2011
Yes! Solar sells Colorado, Montana franchises - Atlanta Business Chronicle:
ogyhejowy.wordpress.com
and Bozeman, Mont., the company announced Wednesday. The two territories extend the company’s franchise network to about 95,000 more homeownerw and many small businesses. Founded in 2005, Solat Power (OTCBB: SOPW) works with clients to obtain permits and manag the installation of solar power systems in smallpand medium-sized businesses. The company also manufactures or procurees all the parts and pieces to make thesystemes work. In addition, Solar Power installw home solar systemsthrough Yes! Solar Yes! has a stor in Roseville, three franchises in the San Francisco Bay Area, and a handful of franchiseea in Cary, N.C., Helena, and Pueblo, Colo.
The latest franchisees in Puebllo and Bozeman are set to begin operationsin “We look forward to serving the home and business owners within our expanding reachu with our solar energy system solutionas and a growing number of solar product said Jeff Pontius, executive vice president for Yes! Solar in a news
and Bozeman, Mont., the company announced Wednesday. The two territories extend the company’s franchise network to about 95,000 more homeownerw and many small businesses. Founded in 2005, Solat Power (OTCBB: SOPW) works with clients to obtain permits and manag the installation of solar power systems in smallpand medium-sized businesses. The company also manufactures or procurees all the parts and pieces to make thesystemes work. In addition, Solar Power installw home solar systemsthrough Yes! Solar Yes! has a stor in Roseville, three franchises in the San Francisco Bay Area, and a handful of franchiseea in Cary, N.C., Helena, and Pueblo, Colo.
The latest franchisees in Puebllo and Bozeman are set to begin operationsin “We look forward to serving the home and business owners within our expanding reachu with our solar energy system solutionas and a growing number of solar product said Jeff Pontius, executive vice president for Yes! Solar in a news
Monday, June 13, 2011
Eddie Bauer creditors win a round in court - Boston Business Journal:
kleopatraxnibe.blogspot.com
In setting a July 16 date to auction offEddide Bauer’s assets, U.S. Bankruptcy Judge Mary Walrath ofthe U.S. Bankruptcyu Court in Delaware, agreed to not requiree any potential buyer to make a bulk bid forthe Instead, Walrath agreed with major creditors and debt holders that bids would be accepted for all or a portion of the Bellevue-base d retail chain’s assets. It’ s too soon to know if this couldhamper ’s attempts to sell nearl all of its assets to private equity firm LLC, of New York. But the rulinbg is seen as significantby creditors.
Opening up the bid process couldx encourage more bidders to participate and fetc h a better price forthe retailer’s assets, said Cathyh Hershcopf, a New York bankruptcy attorney working on behaltf of unsecured creditors. Eddie Bauer’s unsecurefd creditors includeThe , which it owes $75 The problem boils down to math for the company’s lenders and other major creditors. With $240 million in securexd loans and a bid from CCMPfor $202 million, attorneyas representing The Bank of New York and othe unsecured creditors worry there won’t be enoughj from the asset sale to trickle down to Delaware-based bank FSB is the agenr for the term loan lenders, who are owed $200 In legal papers filed with the bankruptcty court, the lenders also argued that a proposed sale pricee of $202 million for all of Eddie Baued Holdings Inc.
’s assets mighyt fall short of maximizing the overall valuwe of Eddie Bauer’s assets. Wilmington Trust’s attorney s argue that in Eddi Bauer’s case, “the sum of the parts may yield greaterf value than the They argued that a bulk biddingf process forEddie Bauer’s was and threatened to “chill robust A bulk asset deal with CCMP mighft make the best sense for keepintg Eddie Bauer in business, according to Wilmington Trust’w attorneys.
But they argued in coury papers that limiting potential buyers to only those interested in buying all ofEddid Bauer’s assets in one lot, woulrd make a bidding war less likely and hamperr attempts to get the best price for Eddid Bauer’s assets. Representatives for Eddie Bauer and CCMP did not immediatelg respond to requestsfor comment. In addition to Wilmington Trust, Eddie Bauet owes more than $40 million in revolving loans administeredr by Bankof . Private equity firm CCMP Capital Advisors has offered to buyEddise Bauer’s assets for $202 million, which is essentiallu the opening bid in a bankruptcyt court auction scheduled for July 16.
If CCMP is not the winningy bidder, the private equity firm is entitled to a fee ofnearl $6 million. That would mean any bid or bids trumpingh the CCMP offer would have to beaboutr $208 million. CCMP has said it wantd to continue to operate Eddie Bauer and wouls retainthe company’s executive team and keep most of the retailer’se stores open. Eddie Bauer’s lenders argue that the retailer’a assets can be easily broken down into including the Eddie Bauer brandr andintellectual property, real property, inventory and storde leases.
The lenders say that buyers, who would not have an interesy in bidding for all ofEddie Bauer’ assets in one lot, may have interest in some of the potentially fetching a greater total price that the $202 milliob offered by CCMP. Eddie Bauer operates 370 stores. The compan y has 7,100 employees, including 560 at the Bellevues headquarters.
In setting a July 16 date to auction offEddide Bauer’s assets, U.S. Bankruptcy Judge Mary Walrath ofthe U.S. Bankruptcyu Court in Delaware, agreed to not requiree any potential buyer to make a bulk bid forthe Instead, Walrath agreed with major creditors and debt holders that bids would be accepted for all or a portion of the Bellevue-base d retail chain’s assets. It’ s too soon to know if this couldhamper ’s attempts to sell nearl all of its assets to private equity firm LLC, of New York. But the rulinbg is seen as significantby creditors.
Opening up the bid process couldx encourage more bidders to participate and fetc h a better price forthe retailer’s assets, said Cathyh Hershcopf, a New York bankruptcy attorney working on behaltf of unsecured creditors. Eddie Bauer’s unsecurefd creditors includeThe , which it owes $75 The problem boils down to math for the company’s lenders and other major creditors. With $240 million in securexd loans and a bid from CCMPfor $202 million, attorneyas representing The Bank of New York and othe unsecured creditors worry there won’t be enoughj from the asset sale to trickle down to Delaware-based bank FSB is the agenr for the term loan lenders, who are owed $200 In legal papers filed with the bankruptcty court, the lenders also argued that a proposed sale pricee of $202 million for all of Eddie Baued Holdings Inc.
’s assets mighyt fall short of maximizing the overall valuwe of Eddie Bauer’s assets. Wilmington Trust’s attorney s argue that in Eddi Bauer’s case, “the sum of the parts may yield greaterf value than the They argued that a bulk biddingf process forEddie Bauer’s was and threatened to “chill robust A bulk asset deal with CCMP mighft make the best sense for keepintg Eddie Bauer in business, according to Wilmington Trust’w attorneys.
But they argued in coury papers that limiting potential buyers to only those interested in buying all ofEddid Bauer’s assets in one lot, woulrd make a bidding war less likely and hamperr attempts to get the best price for Eddid Bauer’s assets. Representatives for Eddie Bauer and CCMP did not immediatelg respond to requestsfor comment. In addition to Wilmington Trust, Eddie Bauet owes more than $40 million in revolving loans administeredr by Bankof . Private equity firm CCMP Capital Advisors has offered to buyEddise Bauer’s assets for $202 million, which is essentiallu the opening bid in a bankruptcyt court auction scheduled for July 16.
If CCMP is not the winningy bidder, the private equity firm is entitled to a fee ofnearl $6 million. That would mean any bid or bids trumpingh the CCMP offer would have to beaboutr $208 million. CCMP has said it wantd to continue to operate Eddie Bauer and wouls retainthe company’s executive team and keep most of the retailer’se stores open. Eddie Bauer’s lenders argue that the retailer’a assets can be easily broken down into including the Eddie Bauer brandr andintellectual property, real property, inventory and storde leases.
The lenders say that buyers, who would not have an interesy in bidding for all ofEddie Bauer’ assets in one lot, may have interest in some of the potentially fetching a greater total price that the $202 milliob offered by CCMP. Eddie Bauer operates 370 stores. The compan y has 7,100 employees, including 560 at the Bellevues headquarters.
Saturday, June 11, 2011
US Spy Chief Continues Pakistan Visit - Voice of America
cahijisebi.wordpress.com
The Hindu | US Spy Chief Continues Pakistan Visit Voice of America Photo: AP CIA Director Leon Panetta began the second day of his unannounced visit to Pakistan on Saturday. Panetta, nominated to take over as defense secretary next month, held talks Friday with Pakistani Army Chief General Ashfaq Parvez Kayani and ... Sources: Panetta Confronts Pakistan Over Collusion With Militants Pakistan tells CIA chief no US boots on the ground CIA director makes first visit to Pakistan since bin Laden raid |
Thursday, June 9, 2011
Allegheny Energy secures final $235 million for Hatfield's Ferry - Pittsburgh Business Times:
vishnevskiipavuh.blogspot.com
The first of three units hookex up to the scrubbers went online last according to company spokesmanDoug Colafella, with the other two scheduleed to follow suit by the end of this year. Exactlu two years ago, the company issuec a press release announcing the Hatfield project at a projectesd costof $550 million. The actual cost, according to has been revised to anestimated $725 million when completed. The retrofittedc coal-fired power plants at Hatfield “will reducr the plant’s sulfur dioxide emissions by approximately 95 or 145,000 tons per year, and significantly lowet mercury emissions at the facility,” accordinf to Allegheny Energy (NYSE:AYE).
The first of three units hookex up to the scrubbers went online last according to company spokesmanDoug Colafella, with the other two scheduleed to follow suit by the end of this year. Exactlu two years ago, the company issuec a press release announcing the Hatfield project at a projectesd costof $550 million. The actual cost, according to has been revised to anestimated $725 million when completed. The retrofittedc coal-fired power plants at Hatfield “will reducr the plant’s sulfur dioxide emissions by approximately 95 or 145,000 tons per year, and significantly lowet mercury emissions at the facility,” accordinf to Allegheny Energy (NYSE:AYE).
Monday, June 6, 2011
Saturday, June 4, 2011
Sandy Spring taps General Dynamics executive - Washington Business Journal:
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has been elected to the board of directors at Fogg will serve onthe bank’s audit committee. “With the receng retirement of several long-serviced it has been a goal to augment the skill and talent of our existing board with additionao financial expertiseand public-company said Sandy Spring chairman Hunter Hollar in a statement. who holds an MBA from , joinex General Dynamics in 1991 and was named treasurerrin 1998. Fogg’s initial term will expire in when the board expects to nominate him for election by shareholdersw to a threeyear term, Sandy Springv said in a statement. Sandy Spring set aside $10.
6 million in the first quarter to cover potentialbad loans, particularly residentia l real estate loans. It also nearl doubled residential mortgage lending from year ago levels last in what the bank calls evidencre ofits “dedication to provide needec banking services to the communities we Sandy Spring (NASDAQ: has $3.5 billion in assets and 42 branche s in Maryland and Northern Virginia.
has been elected to the board of directors at Fogg will serve onthe bank’s audit committee. “With the receng retirement of several long-serviced it has been a goal to augment the skill and talent of our existing board with additionao financial expertiseand public-company said Sandy Spring chairman Hunter Hollar in a statement. who holds an MBA from , joinex General Dynamics in 1991 and was named treasurerrin 1998. Fogg’s initial term will expire in when the board expects to nominate him for election by shareholdersw to a threeyear term, Sandy Springv said in a statement. Sandy Spring set aside $10.
6 million in the first quarter to cover potentialbad loans, particularly residentia l real estate loans. It also nearl doubled residential mortgage lending from year ago levels last in what the bank calls evidencre ofits “dedication to provide needec banking services to the communities we Sandy Spring (NASDAQ: has $3.5 billion in assets and 42 branche s in Maryland and Northern Virginia.
Thursday, June 2, 2011
Lawsuit against Regions moved back to JeffCo courts - Birmingham Business Journal:
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A federal court determined Thursday the case filed by the Louisianaq Municipal Police Retirement System belongs inlocao courts, one week after Regions pushed for it to be hearc in federal court. Still at stake is the previous Jefferson County rulingv that froze RegionsFinanciao Corp. executives’ compensation untip the lawsuitis finalized. In the pensionn fund lawsuit filedin May, the retirement system claime d Regions executives misled investors through “falsification of Regions financial about its acquisition of AmSouth Bancorp. On June 23, Jefferson County Circuit Court JudgeHouston L.
Brown frozd awards and compensation paid to Regionw executives forits $10 billion acquisition of AmSouth Bancorp, but that was overturnexd when the case was movex to federal court. U.S. District Judge Inge Prytza Johnson remanded the case back to Jeffersom County Circuit Court but retaine d a temporary restraining order on thecompensationb freeze. In an e-mailed statement, Regions notede the judge “found the temporary restraining ordere questionable at best and expressedf concern about an ordef granted against unnamed and unidentified parties.
” The original order woulrd have blocked “tens of millions of dollars” wortnh of incentive pay awarded the company’s top 25 for according to court The Louisiana Municipal Police Employees Retirement System has more than $1.6 billiomn in assets. Its lawsuit makes specific allegationssregarding Regions’ actions during its acquisition of AmSouthn including: • A Securities and Exchange Commissionm merger filing falsely reported the valuse of the combined entity’s assets, loans and shareholderd equity. • Regions falsely reported its goodwill balance in March 2007 SEC filin g for end ofyear $11.5 billiobn goodwill balance.
• In April 2008, Regions’ assets and equity was falsely stated. • Regions said its thirrd quarter 2008 goodwill was unimpairedr then in January 2009reported $5.6 billion loss “driveb largely by $6 billion, non-cash charge for impairment of goodwill.”
A federal court determined Thursday the case filed by the Louisianaq Municipal Police Retirement System belongs inlocao courts, one week after Regions pushed for it to be hearc in federal court. Still at stake is the previous Jefferson County rulingv that froze RegionsFinanciao Corp. executives’ compensation untip the lawsuitis finalized. In the pensionn fund lawsuit filedin May, the retirement system claime d Regions executives misled investors through “falsification of Regions financial about its acquisition of AmSouth Bancorp. On June 23, Jefferson County Circuit Court JudgeHouston L.
Brown frozd awards and compensation paid to Regionw executives forits $10 billion acquisition of AmSouth Bancorp, but that was overturnexd when the case was movex to federal court. U.S. District Judge Inge Prytza Johnson remanded the case back to Jeffersom County Circuit Court but retaine d a temporary restraining order on thecompensationb freeze. In an e-mailed statement, Regions notede the judge “found the temporary restraining ordere questionable at best and expressedf concern about an ordef granted against unnamed and unidentified parties.
” The original order woulrd have blocked “tens of millions of dollars” wortnh of incentive pay awarded the company’s top 25 for according to court The Louisiana Municipal Police Employees Retirement System has more than $1.6 billiomn in assets. Its lawsuit makes specific allegationssregarding Regions’ actions during its acquisition of AmSouthn including: • A Securities and Exchange Commissionm merger filing falsely reported the valuse of the combined entity’s assets, loans and shareholderd equity. • Regions falsely reported its goodwill balance in March 2007 SEC filin g for end ofyear $11.5 billiobn goodwill balance.
• In April 2008, Regions’ assets and equity was falsely stated. • Regions said its thirrd quarter 2008 goodwill was unimpairedr then in January 2009reported $5.6 billion loss “driveb largely by $6 billion, non-cash charge for impairment of goodwill.”
Tuesday, May 31, 2011
Previously unseen photographs of Marilyn Monroe released - Telegraph.co.uk
adamovaichive.blogspot.com
New York Daily News | Previously unseen photographs of Marilyn Monroe released Telegraph.co.uk A series of previously unseen photographs of Marilyn Monroe have been published after being bought for $2 (£1.20) at a garage sale. By Nick » |
Saturday, May 28, 2011
Huntington donates former Sky building to BGSU - Business First of Columbus:
burwellmitubaes1369.blogspot.com
million building to the school. Officialz from the northwest Ohio universityand Columbus-based Huntington (NASDAQ:HBAN) gathered Wednesday afternoon to announce the donation of a 35,000-square-foot building that formerl served as an operations centetr for Sky. When Huntington bought the Bowling Green-based bank for $3.6 billion in it closed the center at 1851 N. Researchg Drive and cut its 100 employees. The compangy then mitigated the job losses in Bowlingf Green by shifting about 100 Sky Insurance employeesto Sky’s headquarters buildinfg from Maumee, about 18 miles north.
Sharon Huntington’s northwest Ohio regiojn president, said the bank wasn’t “actively marketing” the buildin while it sat vacant, but acknowledged the bank was approachef by parties who indicated a suitor couldbe found. At the same time, Bowling Green had its eye on the which rests on a Research Enterprise Park just eastof “We believe very passionately that we need to inves in the communities in which we serve, and leavinfg a 35,000-square-foot building vacant was not in the community’zs best interest,” Speyer said. “Particularly in thesr difficulteconomic times, it was the right thingh to do.
” Details weren’t immediately available on Huntington’w tax benefit in donating the building. With the building now in the university’xs possession, it’s a piece of a 15- to 20-yeadr development plan. Bowling Green didn’t offedr immediate plans for the building, saying it plans to assess itsbest use. Building a facilit of that size from the ground up would have costabouyt $7 million, university officials said.
million building to the school. Officialz from the northwest Ohio universityand Columbus-based Huntington (NASDAQ:HBAN) gathered Wednesday afternoon to announce the donation of a 35,000-square-foot building that formerl served as an operations centetr for Sky. When Huntington bought the Bowling Green-based bank for $3.6 billion in it closed the center at 1851 N. Researchg Drive and cut its 100 employees. The compangy then mitigated the job losses in Bowlingf Green by shifting about 100 Sky Insurance employeesto Sky’s headquarters buildinfg from Maumee, about 18 miles north.
Sharon Huntington’s northwest Ohio regiojn president, said the bank wasn’t “actively marketing” the buildin while it sat vacant, but acknowledged the bank was approachef by parties who indicated a suitor couldbe found. At the same time, Bowling Green had its eye on the which rests on a Research Enterprise Park just eastof “We believe very passionately that we need to inves in the communities in which we serve, and leavinfg a 35,000-square-foot building vacant was not in the community’zs best interest,” Speyer said. “Particularly in thesr difficulteconomic times, it was the right thingh to do.
” Details weren’t immediately available on Huntington’w tax benefit in donating the building. With the building now in the university’xs possession, it’s a piece of a 15- to 20-yeadr development plan. Bowling Green didn’t offedr immediate plans for the building, saying it plans to assess itsbest use. Building a facilit of that size from the ground up would have costabouyt $7 million, university officials said.
Thursday, May 26, 2011
Justices Uphold Law Penalizing Hiring of Illegal Immigrants - New York Times
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Fox News | Justices Uphold Law Penalizing Hiring of Illegal Immigrants New York Times The majority opinion, written by Chief Justice John G. Roberts on behalf of the court's five more conservative members, noted that Colorado, Mississippi, Missouri, Pennsylvania, Tennessee, Virginia and West Virginia had recently enacted laws similar to ... Supreme Court Upholds Arizona Immigration Law SCOTUS upholds Ariz immigration law Supreme Court Immigration Ruling |
Tuesday, May 24, 2011
State alerts horse owners of EHV-1 outbreak in Western US - vtdigger.org
vertical wood siding
State alerts horse owners of EHV-1 outbreak in Western US vtdigger.org by Press Release | May 24, 2011 Vermont Agency of Agriculture today alerted horse owners of an outbreak of Equine Herpesvirus (EHV-1) that is traced to horses that attended the National Cutting Horse Association's (NCHA) Western National Championships ... |
Saturday, May 21, 2011
Battle lines drawn over redistricting - McMinnville News-Register
aluminum siding
Battle lines drawn over redistricting McMinnville News-Register "I was drawn out by six blocks," he said. However, his party's plan would draw eight members of the opposition out of their districts, making the Democratic plan almost benign by comparison. Both parties would push large parts of Yamhill County into ... Delaware politics: Democrats' proposal preserves Wilmington legislative districts |
Thursday, May 19, 2011
Anheuser-Busch's Bud sponsors tailgating league - The Business Journal of Milwaukee:
ntoifuisa.blogspot.com
The NTL, a pilot program conceived by Todd Hirschfeldof N.C., agency HMS has reserved a 100-by-100-foot area acrossa the street from the speedway where it will conduct games typicallgy played by tailgaters, such as cornhole. The gamingt area will be adjacentto Bud'sd porta-bar, essentially a bar on wheels surroundedc by flat-screen TVs that will keep the contestants and theifr guests in a party mood. Bud has branding all around the footprint.
The pilot progranm also counts Race Face sunscreen asa sponsor, whilre Swiss Trax laid the floorin g for the cornhole competition The tournament winner receives $500 plus ticketsd to future races, and other competitorsz will receive prizes that range from ticketg packages to Richard Petty Driving Experiencew packages and Sam Bass NASCAR Hirschfeld said he hopes the program will take off from this weekendr and believes it will be usefu for any sport where fans such as college and pro football and othefr motorsports events. St. Louis-based , a subsidiary of Belgium-based , makees Budweiser.
The NTL, a pilot program conceived by Todd Hirschfeldof N.C., agency HMS has reserved a 100-by-100-foot area acrossa the street from the speedway where it will conduct games typicallgy played by tailgaters, such as cornhole. The gamingt area will be adjacentto Bud'sd porta-bar, essentially a bar on wheels surroundedc by flat-screen TVs that will keep the contestants and theifr guests in a party mood. Bud has branding all around the footprint.
The pilot progranm also counts Race Face sunscreen asa sponsor, whilre Swiss Trax laid the floorin g for the cornhole competition The tournament winner receives $500 plus ticketsd to future races, and other competitorsz will receive prizes that range from ticketg packages to Richard Petty Driving Experiencew packages and Sam Bass NASCAR Hirschfeld said he hopes the program will take off from this weekendr and believes it will be usefu for any sport where fans such as college and pro football and othefr motorsports events. St. Louis-based , a subsidiary of Belgium-based , makees Budweiser.
Tuesday, May 17, 2011
Conference Board job index edges up - The Business Review (Albany):
ivyhofy.wordpress.com
The organization’s Employment Trendz Index was 89.9, up 0.2 percent from 89.7 in Apripl and down from 113 in May The Conference Boardsaid Monday. The indezx number is relative to 100for 1996. “Whilre it is too earlhy to say that the ETIhas bottomed, the moderatiomn of the last two months is certainlyh a sign that the decline in job losses is real and signals that the worst is Gad Levanon, The Conference Board’s senior said in a release.
as the economic recoveryt over the coming months is likely to bevery slow, we stil expect the unemployment rate to continue to increases to double digits by the end of this year and into • Percentage of respondents who say they find “jobsd hard to get,” gathered from The Conferencw Board Consumer Confidence Survey. Initial claims for unemploymentg insurance, from statistics. • Percentage of firmse with positions not able to fill right now becauss of inability to findsuitablee candidates, from the . Number of employees hired by the temporary-helop industry, from the . Part-time workers for economic reasons, from Bureau of Laboe Statistics.
• Job openings, from the Bureay of Labor Statistics. • Industrial from the . • Real manufacturingb and trade sales, from the . The Conference Board is an independent NewYork City-basecd nonprofit organization whose mission is to provide organizationz with the practical knowledge they need to improve theirf performance and better serve society.
The organization’s Employment Trendz Index was 89.9, up 0.2 percent from 89.7 in Apripl and down from 113 in May The Conference Boardsaid Monday. The indezx number is relative to 100for 1996. “Whilre it is too earlhy to say that the ETIhas bottomed, the moderatiomn of the last two months is certainlyh a sign that the decline in job losses is real and signals that the worst is Gad Levanon, The Conference Board’s senior said in a release.
as the economic recoveryt over the coming months is likely to bevery slow, we stil expect the unemployment rate to continue to increases to double digits by the end of this year and into • Percentage of respondents who say they find “jobsd hard to get,” gathered from The Conferencw Board Consumer Confidence Survey. Initial claims for unemploymentg insurance, from statistics. • Percentage of firmse with positions not able to fill right now becauss of inability to findsuitablee candidates, from the . Number of employees hired by the temporary-helop industry, from the . Part-time workers for economic reasons, from Bureau of Laboe Statistics.
• Job openings, from the Bureay of Labor Statistics. • Industrial from the . • Real manufacturingb and trade sales, from the . The Conference Board is an independent NewYork City-basecd nonprofit organization whose mission is to provide organizationz with the practical knowledge they need to improve theirf performance and better serve society.
Sunday, May 15, 2011
Home front - Birmingham Business Journal:
adamovaichive.blogspot.com
The flagship business, , takeas out long-term leases on apartments in communities in Birmingham and otherfmetro areas, then subleases them to corporations for use in housinv employees who are relocating to the or for other needs. Apartments come fully furnisher and stocked with everything from alarm clockes and dishware to vacuum cleaners and ironing Utilities and other services are billed directlyh to AHI anda single, all-inclusive bill is sent to the corporatr client. The company is part of a fast-growinhg industry. According to the , there are more than 600 corporated housing providers in North America managing morethan 71,900 corporate housing units on an average day.
The industry reported revenue of $2.5 billionm in 2004. Corporate housing can provide twice the square footage of hotel accommodations at about half the according tothe association. Average rent for a one-bedroom corporate apartment was $2,550, according to a 2004 industru report. A former actuary, Moored grew up in Vestavia Hillsdand Jemison. He started his career with and later worked in the booming insurance industryin Hartford, He returned to Alabama in 1985 with the idea of startinv a business selling executive benefit plans to corporation and launched A chartered financial consultant, Moore has gradually broadenecd the scope of the business to providw a range of financia services to individuals.
In Moore bought a stake in an apartment-huntinf business run by a John Hendrix. He became co-owner of the enterprisd and, together, the men began turning to corporat housing as an alternative lineof business. As a frequentg former business traveler, Moore said he knew the potentiall value ofcorporate housing, having stayed in temporary accommodations that were "nothinbg more than a glorified hotel room." When Moorr bought his stake in AHI, the company had 23 corporate apartments under lease and threde employees. Today, AHI Corporate Housing maintainsx more than 700 apartments in the Southeast and employs abouy45 people.
Though he declined to give specific Moore saidthe company's revenues have increased 60 percengt over the past two The company hit a turning point in the Moore recalls. He and Hendrix were looking to add a dedicateds salesperson to theirtiny team, but a search producedf two standout candidates whose skillds and experiences were complementary. The company didn'gt have the money then to pay two sales but the partners took a chanc e and hired themboth anyway. "We kind of did it on a wing and a Moore recalled. The risk paid off.
Withinb three months, Moore said, the two new hirews had generated enough new busines s to more than make upthe Today, Moore credits the move as one of his best businessa decisions. In 1997, AHI followed clientf businessto Atlanta, setting up a satellite office An additional office followed in Huntsville. In 2005, the companhy opened offices in Nashvilleand Tenn., and in Mobile under the name Today, the companiex maintain a stable of apartments in all those cities as well as in Suite Living Inc.
is a franchisse of Marriott ExecuStay, the temporary housing brand ofMoore said, when the company began planxs to enter the Tennessee he thought it would be simpler to go in with a recognizex brand rather than build the AHI name from the grounds up. "We thought going with the Marriot t name in Tennessee would bring usmore credibility," he At the same time, the companty was looking to move southward into Alabama, so Moore extendef the company's Tennessee franchise to include Mobile.
The flagship business, , takeas out long-term leases on apartments in communities in Birmingham and otherfmetro areas, then subleases them to corporations for use in housinv employees who are relocating to the or for other needs. Apartments come fully furnisher and stocked with everything from alarm clockes and dishware to vacuum cleaners and ironing Utilities and other services are billed directlyh to AHI anda single, all-inclusive bill is sent to the corporatr client. The company is part of a fast-growinhg industry. According to the , there are more than 600 corporated housing providers in North America managing morethan 71,900 corporate housing units on an average day.
The industry reported revenue of $2.5 billionm in 2004. Corporate housing can provide twice the square footage of hotel accommodations at about half the according tothe association. Average rent for a one-bedroom corporate apartment was $2,550, according to a 2004 industru report. A former actuary, Moored grew up in Vestavia Hillsdand Jemison. He started his career with and later worked in the booming insurance industryin Hartford, He returned to Alabama in 1985 with the idea of startinv a business selling executive benefit plans to corporation and launched A chartered financial consultant, Moore has gradually broadenecd the scope of the business to providw a range of financia services to individuals.
In Moore bought a stake in an apartment-huntinf business run by a John Hendrix. He became co-owner of the enterprisd and, together, the men began turning to corporat housing as an alternative lineof business. As a frequentg former business traveler, Moore said he knew the potentiall value ofcorporate housing, having stayed in temporary accommodations that were "nothinbg more than a glorified hotel room." When Moorr bought his stake in AHI, the company had 23 corporate apartments under lease and threde employees. Today, AHI Corporate Housing maintainsx more than 700 apartments in the Southeast and employs abouy45 people.
Though he declined to give specific Moore saidthe company's revenues have increased 60 percengt over the past two The company hit a turning point in the Moore recalls. He and Hendrix were looking to add a dedicateds salesperson to theirtiny team, but a search producedf two standout candidates whose skillds and experiences were complementary. The company didn'gt have the money then to pay two sales but the partners took a chanc e and hired themboth anyway. "We kind of did it on a wing and a Moore recalled. The risk paid off.
Withinb three months, Moore said, the two new hirews had generated enough new busines s to more than make upthe Today, Moore credits the move as one of his best businessa decisions. In 1997, AHI followed clientf businessto Atlanta, setting up a satellite office An additional office followed in Huntsville. In 2005, the companhy opened offices in Nashvilleand Tenn., and in Mobile under the name Today, the companiex maintain a stable of apartments in all those cities as well as in Suite Living Inc.
is a franchisse of Marriott ExecuStay, the temporary housing brand ofMoore said, when the company began planxs to enter the Tennessee he thought it would be simpler to go in with a recognizex brand rather than build the AHI name from the grounds up. "We thought going with the Marriot t name in Tennessee would bring usmore credibility," he At the same time, the companty was looking to move southward into Alabama, so Moore extendef the company's Tennessee franchise to include Mobile.
Thursday, May 12, 2011
CombinatoRx to merge with Canadian firm - Boston Business Journal:
mcfarlainofuqub1258.blogspot.com
Under the terms of the Cambridge, Mass.-based CombinatoRx will issue shares of commo stock to Neuromed stockholders so post merger, each companies’ shareholderse will have 50 percent of the votinf power in the combinee company. The deal is closely tied to a recentg transaction that saw Neuromed sell the commercia rights toits pain-managementr drug candidate Exalgo to , a subsidiary of That agreemenyt included an upfront payment of $15 milliomn and several potential milestone paymentsd and related compensation if certain commercial benchmarks are met. Thoser payouts also could alter the ownership composition of the newlymergee company.
For example, if Exalgo is approvec by the before CombinatoRx shareholders will see their ownership stake in the combined company slip to 30 If the drug does not win FDA approvalby 2011, CombinatoRzx shareholders will then assum a 70 percent ownership stake in the according to regulatory filings. Alexis Borisy will step down as president and CEO of CombinatoRx to pursueother activities. Borisy will support CombinatoRxz as a member of its scientififadvisory board, according to the company.
The boarda of directors of both CombinatoRx and Neuromed have approved the proposedmergetr transaction, which is subject to customar y closing conditions, including receipt of various requires approvals from the CombinatoRx and Neuromed In May, CombinatoRx CRXX) said it narrowed its net loss for the firstt quarter amid aggressive cost cutting that included layin g off almost half its staff and slashes to its research and development
Under the terms of the Cambridge, Mass.-based CombinatoRx will issue shares of commo stock to Neuromed stockholders so post merger, each companies’ shareholderse will have 50 percent of the votinf power in the combinee company. The deal is closely tied to a recentg transaction that saw Neuromed sell the commercia rights toits pain-managementr drug candidate Exalgo to , a subsidiary of That agreemenyt included an upfront payment of $15 milliomn and several potential milestone paymentsd and related compensation if certain commercial benchmarks are met. Thoser payouts also could alter the ownership composition of the newlymergee company.
For example, if Exalgo is approvec by the before CombinatoRx shareholders will see their ownership stake in the combined company slip to 30 If the drug does not win FDA approvalby 2011, CombinatoRzx shareholders will then assum a 70 percent ownership stake in the according to regulatory filings. Alexis Borisy will step down as president and CEO of CombinatoRx to pursueother activities. Borisy will support CombinatoRxz as a member of its scientififadvisory board, according to the company.
The boarda of directors of both CombinatoRx and Neuromed have approved the proposedmergetr transaction, which is subject to customar y closing conditions, including receipt of various requires approvals from the CombinatoRx and Neuromed In May, CombinatoRx CRXX) said it narrowed its net loss for the firstt quarter amid aggressive cost cutting that included layin g off almost half its staff and slashes to its research and development
Tuesday, May 10, 2011
SB 375 Approaches a Crucial Phase - PublicCEO.com
http://coopdevelopment.org/hof_sponsor.html
SB 375 Approaches a Crucial Phase PublicCEO.com As early as 2004, SACOG unveiled its "Preferred Blueprint Scenario," a single document that accounts for transportation and land use policies for the entire region. (I still remember when a Yolo County Supervisor showed me the plan that December, ... |
Sunday, May 8, 2011
BFC Financial, Woodbridge to merge - Houston Business Journal:
clarityviellegq67.blogspot.com
In a joint press releasde Monday, the Fort Lauderdale-based companies said they enteredc into a merger agreement whereinWoodbridge (Pink Sheets: WDGH) would become a wholly owned subsidiary of BFC (Pin Sheets: BFCF). BFC currently controlz majority voting stakes in both Woodbridgrand (NYSE: BBX). BFC lost $58.9 milliomn on revenue of $487.5 million in 2008. Woodbridgw owns , which is building Traditionj Florida inPort St. Lucie, and has investments in variou s companies includingand . Woodbridger lost $140.3 million on revenue of $25.5 million in 2008.
In its firs t quarter earnings report, Woodbridge warned that Core Communitiez could default on the loans for Tradition Florida if its lenderw demand that it put more equitycapitapl down. Under the merger deal, all shareholder of Woodbridge Class A common stocj except BFC wouldreceive 3.47 shares of BFC’d Class A common stock per With shares of BFC opening at 40 cents it equals nearly $1.39 a share for each share of Woodbridge, whicy opened at $1.10 Monday. Levan and Abdo are chairman andvice respectively, of both companies. The mergefr would save between $1 million and $2 million in professiona fees and SEC reporting costs forthe companies, Levaj said.
It would also reduce the taxes Woodbridge woulx pay on its earnings once it returnsto profitability, he Currently, Woodbridge pays taxes on its earnings, and then BFC pays taxeds on the portion of Woodbridge’s earnings that it counta on its balance sheet. The move will not cause any stafcf reductions, Levan noted. Woodbridge will continue operats independently. The agreement would include all current board member of Woodbridgeon BFC’s new board and add Woodbridgd President Seth Wise and BankAtlanti c Bancorp President Jarett Levan to BFC’s 12-member board, as well. Wise woulf also become executive vice presidentof BFC. The deal is expectexd to close before the endof 2009.
BFC shares closefd unchanged at40 cents. The 52-weeok high was 95 cents on Sept. 2. The 52-weekm low was 6 cents on Feb. 5. Woodbridge sharese closed down 2 centsto $1.08. The 52-weeok high was $6.60 on Aug. 21. The 52-weeok low was 2 cents on Oct. 24.
In a joint press releasde Monday, the Fort Lauderdale-based companies said they enteredc into a merger agreement whereinWoodbridge (Pink Sheets: WDGH) would become a wholly owned subsidiary of BFC (Pin Sheets: BFCF). BFC currently controlz majority voting stakes in both Woodbridgrand (NYSE: BBX). BFC lost $58.9 milliomn on revenue of $487.5 million in 2008. Woodbridgw owns , which is building Traditionj Florida inPort St. Lucie, and has investments in variou s companies includingand . Woodbridger lost $140.3 million on revenue of $25.5 million in 2008.
In its firs t quarter earnings report, Woodbridge warned that Core Communitiez could default on the loans for Tradition Florida if its lenderw demand that it put more equitycapitapl down. Under the merger deal, all shareholder of Woodbridge Class A common stocj except BFC wouldreceive 3.47 shares of BFC’d Class A common stock per With shares of BFC opening at 40 cents it equals nearly $1.39 a share for each share of Woodbridge, whicy opened at $1.10 Monday. Levan and Abdo are chairman andvice respectively, of both companies. The mergefr would save between $1 million and $2 million in professiona fees and SEC reporting costs forthe companies, Levaj said.
It would also reduce the taxes Woodbridge woulx pay on its earnings once it returnsto profitability, he Currently, Woodbridge pays taxes on its earnings, and then BFC pays taxeds on the portion of Woodbridge’s earnings that it counta on its balance sheet. The move will not cause any stafcf reductions, Levan noted. Woodbridge will continue operats independently. The agreement would include all current board member of Woodbridgeon BFC’s new board and add Woodbridgd President Seth Wise and BankAtlanti c Bancorp President Jarett Levan to BFC’s 12-member board, as well. Wise woulf also become executive vice presidentof BFC. The deal is expectexd to close before the endof 2009.
BFC shares closefd unchanged at40 cents. The 52-weeok high was 95 cents on Sept. 2. The 52-weekm low was 6 cents on Feb. 5. Woodbridge sharese closed down 2 centsto $1.08. The 52-weeok high was $6.60 on Aug. 21. The 52-weeok low was 2 cents on Oct. 24.
Thursday, May 5, 2011
Tech workers can look on bright side - Washington Business Journal:
http://repairmaster.bravejournal.com/entry/69176
He also wanted to tap into the deep poolof Austin-areaa microprocessor industry workers who have been laid off durinh the last couple of years. Such workers possess the skilla that translate well to the solarenergy industry, Van Dell And as the number of loca microprocessor industry workers reached a three-year low in the timing of solar companiew migrating to Central Texas couldn’g be better for area worker — nor the businesses that need them. “Az solar cell is a semiconductor that generates electricity when you shine lighton it,” Van Dell “Fortunately, I was quitd well aware of the strong mix of companie and the skill base in Austin.
That was definitely on my mind when I movedc thecompany here.” SolarBridge’xs move is a scenario that local officials want to repeart multiple times with the hope that solar panel manufacturingf fills the void left by the contraction in the microprocessor industry. But the lack of financiaol incentives from the state is creatingt a dampening effect on attractinbg solar companies to theAustinb area, observers say.
Proposed state legislation to creatda $1 billion so-called “Sunny Day Fund” for Texas to obtain federal grants under the Americanm Recovery and Reinvestment Act would have been used to attracgt such businesses, especially foreign solar companies that want to establish theird North American headquarters in the Austimn area, experts say. But the which received a public hearingin April, died in the stater House Appropriations Committee. To date, which was founded in 2004 as SmartSpark EnergySystems Inc., and HelioVolt Inc. are the two most promineny solar energy businesses operating in theAustin area.
which is backed with at least $118 million in venture capital, is wrapping up a plangt that will eventually crank out a thin film that acts as asolaer panel. “After June, I think ther e are going to be some projectds rollingin here,” said Raj Prabhu, managingg partner of the Mercom Capital Grou p LLC, an Austin-based technology research “It is more, ‘Who is going to give me the best incentivre package right now?’” The semiconductor industry is and jobs that are leaving Texas are not expected to return.
Centraol Texas has lost 500 microprocessor industry jobs just this Local chip companies nowemploy 15,700 workers the lowest level of such local jobs sincew April 2006, according to the U.S. Bureau of Labor Statistics. During the first quarter, worldwide sales of semiconductordsreached $44 billion versus $62.8 billion during the same periodd last year, a nearly 30 percent decline, the Semiconductof Industry Association reported. On the flipside, the demancd for solar technology isgrowing fast.
Randall Baker, the principal of Austin-based PuraVida Ventures LLC, said othe states are throwing big moneh at prospective solar companies to woo them into establishingt manufacturing plants intheirr states. Many state officials believe Texa doesn’t need to do so it isn’t. But it also has the formerf chip workers to offersuch companies, and thosde workers can be retrained for solar in eight weekd to 16 weeks, Baker said. But the clock is In March, Bret Raymis, who worked for 30 years in thesemiconductor industry, joineed Austin-based Apache-Solar Corp., wherw he is now the vice president of business development.
The compangy is developing a system with photovoltaicx cells combined with architecturalglass panels, and planas to begin production within 12 months. He said solar is stillo early in its development compared with the progress that semiconductors made inrecen decades. Investors and companies need to ramp up solaer technology in the United States before the technologyg gains a footholdin “They’re sitting on the fence with their Raymis said, “and they’re going to wake up and all that business will go to
He also wanted to tap into the deep poolof Austin-areaa microprocessor industry workers who have been laid off durinh the last couple of years. Such workers possess the skilla that translate well to the solarenergy industry, Van Dell And as the number of loca microprocessor industry workers reached a three-year low in the timing of solar companiew migrating to Central Texas couldn’g be better for area worker — nor the businesses that need them. “Az solar cell is a semiconductor that generates electricity when you shine lighton it,” Van Dell “Fortunately, I was quitd well aware of the strong mix of companie and the skill base in Austin.
That was definitely on my mind when I movedc thecompany here.” SolarBridge’xs move is a scenario that local officials want to repeart multiple times with the hope that solar panel manufacturingf fills the void left by the contraction in the microprocessor industry. But the lack of financiaol incentives from the state is creatingt a dampening effect on attractinbg solar companies to theAustinb area, observers say.
Proposed state legislation to creatda $1 billion so-called “Sunny Day Fund” for Texas to obtain federal grants under the Americanm Recovery and Reinvestment Act would have been used to attracgt such businesses, especially foreign solar companies that want to establish theird North American headquarters in the Austimn area, experts say. But the which received a public hearingin April, died in the stater House Appropriations Committee. To date, which was founded in 2004 as SmartSpark EnergySystems Inc., and HelioVolt Inc. are the two most promineny solar energy businesses operating in theAustin area.
which is backed with at least $118 million in venture capital, is wrapping up a plangt that will eventually crank out a thin film that acts as asolaer panel. “After June, I think ther e are going to be some projectds rollingin here,” said Raj Prabhu, managingg partner of the Mercom Capital Grou p LLC, an Austin-based technology research “It is more, ‘Who is going to give me the best incentivre package right now?’” The semiconductor industry is and jobs that are leaving Texas are not expected to return.
Centraol Texas has lost 500 microprocessor industry jobs just this Local chip companies nowemploy 15,700 workers the lowest level of such local jobs sincew April 2006, according to the U.S. Bureau of Labor Statistics. During the first quarter, worldwide sales of semiconductordsreached $44 billion versus $62.8 billion during the same periodd last year, a nearly 30 percent decline, the Semiconductof Industry Association reported. On the flipside, the demancd for solar technology isgrowing fast.
Randall Baker, the principal of Austin-based PuraVida Ventures LLC, said othe states are throwing big moneh at prospective solar companies to woo them into establishingt manufacturing plants intheirr states. Many state officials believe Texa doesn’t need to do so it isn’t. But it also has the formerf chip workers to offersuch companies, and thosde workers can be retrained for solar in eight weekd to 16 weeks, Baker said. But the clock is In March, Bret Raymis, who worked for 30 years in thesemiconductor industry, joineed Austin-based Apache-Solar Corp., wherw he is now the vice president of business development.
The compangy is developing a system with photovoltaicx cells combined with architecturalglass panels, and planas to begin production within 12 months. He said solar is stillo early in its development compared with the progress that semiconductors made inrecen decades. Investors and companies need to ramp up solaer technology in the United States before the technologyg gains a footholdin “They’re sitting on the fence with their Raymis said, “and they’re going to wake up and all that business will go to
Tuesday, May 3, 2011
Congress approves funding for 8 Boeing C-17s - Puget Sound Business Journal (Seattle):
iwibacibem.wordpress.com
The bill appropriates $2.2 billion to buy eight additionaleight C-17 planes in the 2009 fisca year, which ends Sept. 30. Sen. Kit R-Missouri, and Sen. Dianne Feinstein, D-California, They had pushed for 15 more "This eight is good news," said Georgee Roman, Boeing's vice president of government relations andregionakl executive. "It validates the importance of this product and the role and missiomn it supplies our soldiersand airmen." Roman said Chicago-based Boein g Co. (NYSE: BA) will seek funding for an additionaol15 C-17s in the 2010 fiscal year supplementao appropriations bill. "We believe therr continues to be a need for this product forthe U.S.
military and as a humanitarianh role," he said. The C-17 progra when Defense Secretary Robert Gates proposeed to end production ofthe C-17 this year aftef a remaining handful already ordered are built. The C-17 prograjm employs 900 people atits Mo., facility, according to
The bill appropriates $2.2 billion to buy eight additionaleight C-17 planes in the 2009 fisca year, which ends Sept. 30. Sen. Kit R-Missouri, and Sen. Dianne Feinstein, D-California, They had pushed for 15 more "This eight is good news," said Georgee Roman, Boeing's vice president of government relations andregionakl executive. "It validates the importance of this product and the role and missiomn it supplies our soldiersand airmen." Roman said Chicago-based Boein g Co. (NYSE: BA) will seek funding for an additionaol15 C-17s in the 2010 fiscal year supplementao appropriations bill. "We believe therr continues to be a need for this product forthe U.S.
military and as a humanitarianh role," he said. The C-17 progra when Defense Secretary Robert Gates proposeed to end production ofthe C-17 this year aftef a remaining handful already ordered are built. The C-17 prograjm employs 900 people atits Mo., facility, according to
Sunday, May 1, 2011
Tourism group honors best of tourism promos - Puget Sound Business Journal (Seattle):
borislavamcoc.blogspot.com
The Tourism Industry AssociationRecognition Awards, or TIARAz Awards, highlight excellence and creatived accomplishment in travel marketing and The Farmington Convention and Visitors Bureau, which hosted the TANM took home the awarf for . The village of Chama won an honorable mention for itsvisitors guide. The best went to the Chocolatre TurtleBed & Breakfast in Corrales. Buffalo Thundee Resort & Casino received honorable Buffalo Thunder took top honors for best print advertisingv and for outstanding new event for its gransd openinglast year. The Rio Rancho Convention and Visitor’s Bureauh “Pork & Brew” was named top outstandinh recurring event.
Roswell’s UFO Festival earned an honorable mention inthat category. The most innovative promotion award went to the Albuquerque Convention and Visitors BureauHoliday “Life of a Brown Paper Bag.” The award for most successful publif relations effort was divided into three categories. Bishop’es Lodge Ranch Resort & Spa won the private sectorr category for its 90thanniversary celebration. The Albuquerque Convention and Visitorsz Bureau earned top kudos forits , with the town of Taos taking honorable mention for its annual publix relations campaign.
And the top award for press tours went tothe state’as North Central Tourism More information is available at TANM'a . Next year’s Governor’s Conference on co-sponsored by TANM and the New MexiciTourism Department, will be at Buffalo Thundee Resort & Casino in Santaq Fe, April 19-21.
The Tourism Industry AssociationRecognition Awards, or TIARAz Awards, highlight excellence and creatived accomplishment in travel marketing and The Farmington Convention and Visitors Bureau, which hosted the TANM took home the awarf for . The village of Chama won an honorable mention for itsvisitors guide. The best went to the Chocolatre TurtleBed & Breakfast in Corrales. Buffalo Thundee Resort & Casino received honorable Buffalo Thunder took top honors for best print advertisingv and for outstanding new event for its gransd openinglast year. The Rio Rancho Convention and Visitor’s Bureauh “Pork & Brew” was named top outstandinh recurring event.
Roswell’s UFO Festival earned an honorable mention inthat category. The most innovative promotion award went to the Albuquerque Convention and Visitors BureauHoliday “Life of a Brown Paper Bag.” The award for most successful publif relations effort was divided into three categories. Bishop’es Lodge Ranch Resort & Spa won the private sectorr category for its 90thanniversary celebration. The Albuquerque Convention and Visitorsz Bureau earned top kudos forits , with the town of Taos taking honorable mention for its annual publix relations campaign.
And the top award for press tours went tothe state’as North Central Tourism More information is available at TANM'a . Next year’s Governor’s Conference on co-sponsored by TANM and the New MexiciTourism Department, will be at Buffalo Thundee Resort & Casino in Santaq Fe, April 19-21.
Thursday, April 28, 2011
St. Louis' top private firms exhibit growing pains - Memphis Business Journal:
omagyvoham.wordpress.com
percent more revenue in 2008 than they did in2007 $92.3 billion, an increases of $7.3 billion from $85 billioj a year earlier. Granted, two companies — and Centert Oil Co. — accounted for $5.1 or 69 percent, of the Still, that leaves 31 percent and $2.2 billion from otheer companies. And in these economic times, all billion-dollar increasesa are welcome. “Any revenue increass in 2008 is good, and if 2009 is highed than 2008, that would be spectacular,” said Gerrt Sparrow of in St. Louis. “Business activity fell off a clifgf in the first quarterof 2009.
” Although many private companies saw revenue increase last the majority saw their profit margins shrink as a resulf of higher prices for commodities, especially tighter credit and an overal pullback in all sectors because of the troubled Enterprise Rent-A-Car boosted revenue by a whopping 38 percent, to $13.2 billion, though it wasn’t painless. In November, it shed 2,000o of its 75,000 employees. “As tougyh as these steps were, they have helpecd preserve the company’s overall strength,” said Pam Nicholson, presidenrt and chief operating officer. A big contributor to revenu e was the additionof , whicu Enterprise acquired in 2007.
Cented Oil also exceeded 30 percenrt growth, posting $6.4 billion in revenur in 2008. High gasolinew prices, especially last summer, were a huge Two companies, Barry-Wehmiller Cos. Inc. and , surpassed $1 billion in saleds for the first time. which owns capital equipment manufacturers aroundthe world, made its 41st and 42nd acquisitiond since 1987 and boosted revenue by 25 to $1.2 billion. CIC a holding company with a dozenn subsidiaries in the energy reported $1.
12 billion, an 18 percent Terry Jansing, CIC vice president and chiegf financial officer, said CIC has a big backlog for refineruy equipment and expects another strong year this “We’re not seeing any significant downturns,” he said. In additionm to Enterprise Rent-A-Car and Cente Oil, 12 other companies enjoyed revenue increases of 30 percentyor more. They are: , Bush Millstone Bangert, , CSI Leasing, Purcell Tire, The , , , KCI GS Robins and . Sales were up 138 percengt at Branding Iron, a newcomer to the list at No. 57, primarilty because of added companies. It was formed in Augus t 2007 as a holding company for in Sauget and threed othermeat companies.
Branding Iron’s chief Scott Hudspeth, expects a more modest increase this to $315 million. “When commodities price drop, so do ours, and beef pricea are coming down,” he Other newcomers are Millstone Bangert, Roesleihn & Associates, , HDA, , Angelica, The Co. and HDA, with a 14 percent revenue increaseto $211.5 million, was named Lowe’w exclusive category manager for magazines and maps. “The big box stores will seldom allow a single vendor to handle an entire saidBob Ketterer, HDA’s president, chier executive and majority owner.
Even a company that servesx banks and other financial institutions managed a decent year by diversifying itsproducy line. Revenue at NewGround, which designsa and builds bank did decline, but only 9 percent from a record $111 milliom in 2007. In recent years, it has been movinb into other services needec by financial institutions asthey consolidate, such as employee training and digital communications. “Wde diversified the company to capitalize on the turmoil in the saidKevin Blair, president and chief executive.
percent more revenue in 2008 than they did in2007 $92.3 billion, an increases of $7.3 billion from $85 billioj a year earlier. Granted, two companies — and Centert Oil Co. — accounted for $5.1 or 69 percent, of the Still, that leaves 31 percent and $2.2 billion from otheer companies. And in these economic times, all billion-dollar increasesa are welcome. “Any revenue increass in 2008 is good, and if 2009 is highed than 2008, that would be spectacular,” said Gerrt Sparrow of in St. Louis. “Business activity fell off a clifgf in the first quarterof 2009.
” Although many private companies saw revenue increase last the majority saw their profit margins shrink as a resulf of higher prices for commodities, especially tighter credit and an overal pullback in all sectors because of the troubled Enterprise Rent-A-Car boosted revenue by a whopping 38 percent, to $13.2 billion, though it wasn’t painless. In November, it shed 2,000o of its 75,000 employees. “As tougyh as these steps were, they have helpecd preserve the company’s overall strength,” said Pam Nicholson, presidenrt and chief operating officer. A big contributor to revenu e was the additionof , whicu Enterprise acquired in 2007.
Cented Oil also exceeded 30 percenrt growth, posting $6.4 billion in revenur in 2008. High gasolinew prices, especially last summer, were a huge Two companies, Barry-Wehmiller Cos. Inc. and , surpassed $1 billion in saleds for the first time. which owns capital equipment manufacturers aroundthe world, made its 41st and 42nd acquisitiond since 1987 and boosted revenue by 25 to $1.2 billion. CIC a holding company with a dozenn subsidiaries in the energy reported $1.
12 billion, an 18 percent Terry Jansing, CIC vice president and chiegf financial officer, said CIC has a big backlog for refineruy equipment and expects another strong year this “We’re not seeing any significant downturns,” he said. In additionm to Enterprise Rent-A-Car and Cente Oil, 12 other companies enjoyed revenue increases of 30 percentyor more. They are: , Bush Millstone Bangert, , CSI Leasing, Purcell Tire, The , , , KCI GS Robins and . Sales were up 138 percengt at Branding Iron, a newcomer to the list at No. 57, primarilty because of added companies. It was formed in Augus t 2007 as a holding company for in Sauget and threed othermeat companies.
Branding Iron’s chief Scott Hudspeth, expects a more modest increase this to $315 million. “When commodities price drop, so do ours, and beef pricea are coming down,” he Other newcomers are Millstone Bangert, Roesleihn & Associates, , HDA, , Angelica, The Co. and HDA, with a 14 percent revenue increaseto $211.5 million, was named Lowe’w exclusive category manager for magazines and maps. “The big box stores will seldom allow a single vendor to handle an entire saidBob Ketterer, HDA’s president, chier executive and majority owner.
Even a company that servesx banks and other financial institutions managed a decent year by diversifying itsproducy line. Revenue at NewGround, which designsa and builds bank did decline, but only 9 percent from a record $111 milliom in 2007. In recent years, it has been movinb into other services needec by financial institutions asthey consolidate, such as employee training and digital communications. “Wde diversified the company to capitalize on the turmoil in the saidKevin Blair, president and chief executive.
Tuesday, April 26, 2011
Victim in Helena shooting sustained self-inflicted gun shot wound - KTVQ Billings News
bojony.wordpress.com
Victim in Helena shooting sustained self-inflicted gun shot wound KTVQ Billings News Preliminary results from an autopsy conducted by Lewis and Clark County Coroner Mickey Nelson found that Jefferey Lefferdink sustained a self-inflicted gun shot wound to his head, among other gunshot wounds. Nelson says any one of those could've caused ... |
Sunday, April 24, 2011
Syncrude's Coker 8-3 returns to operation following planned turnaround
fabyqyku.blogspot.com
CALGARY, June 9 /PRNewswire-FirstCall/ - (TSX - - Canadian Oil Sands Trust ("Canadian Oil today reported that the planned turnaround ofCoker 8-3 has been completeed with Syncrude production ramping up. During the turnaround modificationa also were made to the cokere with the aim of improving yield and run TheCoker 8-3 turnaround began on March 17, 2009 and was expectesd to take approximately two months to complete; however, the work took longerf than anticipated and the associated costs are correspondingly highetr than budget.
As a result, Canadianj Oil Sands believes it will be more challenginhg to achieve the mid point of its productionj guidance of 109million barrels, grossa to Syncrude, in 2009. We will continue to monitor the Syncrude operatione and provide any updatesas necessary. "During the first half of this year our resultds will reflect the impactr of reduced volumes and higher per barrel operating costs associated with thisturnaround work," said , Presidenf and Chief Executive Officer.
"We are encouraged by the outlookfor Syncrude'zs operations going forward; a comprehensivre coker turnaround and modification is now behind us, bitumen tanks are full, and exposedc mineable ore inventories have increased. Thesre fundamentals point to a strongersecone half, which is required to meet our curreny production outlook." Canadian Oil Sands plans to released its second quarter results on July 27, 2009. Canadian Oil Sands providesx a pure investment opportunity in the Syncrude Projecg throughits 36.74 per cent working The Trust is an open-ende investment trust managed by Canadian Oil Sandx Limited and has approximately 484.
4 million units outstanding, tradint on the Toronto Stock Exchangwe under the symbol Located near Fort McMurray, Alberta, Syncrude Canadza operates large oil-sands mines and an upgrading facilityu that produces a light, sweet crude oil on behal of its joint venture owners, whicyh include Canadian Oil Sands Limited, ConocoPhillipxs Oilsands Partnership II, Imperial Oil Resources, Mocaol Energy Limited, Murphy Oil Companh Ltd., Nexen Oil Sands Partnership, and Petro-Canadza Oil and Gas.
Advisory: In the interest of providingb Canadian OilSands (the "Trust" or unitholders and potential investors with information regarding the including management's assessment of the Trust's future plans and certain statements throughout this press releaser contain "forward-looking statements". Forward-looking statements in this release but are notlimited to, statementsd with respect to: the expectations for improvemenr to yield and run length of Coke r 8-3, the ramp up in Syncrude production; the costs associated with the Cokefr 8-3 turnaround; and the outlookm provided by Canadian Oil Sande on April 29, 2009, as such relates to operating costs, timing of maintenance and turnarounds in and cash from operating activities.
You are cautioned not to placse undue relianceon forward-looking statements, as therwe can be no assurancse that the plans, intentions or expectations upon whicjh they are based will occur. By their forward-looking statements involve numerous assumptions, known and unknow n risks and uncertainties, both general and that contribute to the possibility thatthe predictions, projections and other forward-looking statements will not occur.
Althoughg the Trust believes that the expectation s represented bysuch forward-looking statements are there can be no assurance that such expectations will prove to be Some of the risks and othed factors which could causde results to differ materially from those expressed in the forward-looking statementss contained in this press release but are not limited to: the difficulties and riskse involved in any complex mining and upgradinv operation and such other risks and uncertainties described from time to time in the reportse and filings made with securitiees regulatory authorities by the Trust.
We would refetr you to the risks and assumptions further outlinedr inthe Trust's annual information form and annual and quarterly financial reportw Canadian Oil Sands Limited Marcel Coutu President & Chief Executivde Officer Units Listed - Symbol: COS.UN Toronto Stockj Exchange
CALGARY, June 9 /PRNewswire-FirstCall/ - (TSX - - Canadian Oil Sands Trust ("Canadian Oil today reported that the planned turnaround ofCoker 8-3 has been completeed with Syncrude production ramping up. During the turnaround modificationa also were made to the cokere with the aim of improving yield and run TheCoker 8-3 turnaround began on March 17, 2009 and was expectesd to take approximately two months to complete; however, the work took longerf than anticipated and the associated costs are correspondingly highetr than budget.
As a result, Canadianj Oil Sands believes it will be more challenginhg to achieve the mid point of its productionj guidance of 109million barrels, grossa to Syncrude, in 2009. We will continue to monitor the Syncrude operatione and provide any updatesas necessary. "During the first half of this year our resultds will reflect the impactr of reduced volumes and higher per barrel operating costs associated with thisturnaround work," said , Presidenf and Chief Executive Officer.
"We are encouraged by the outlookfor Syncrude'zs operations going forward; a comprehensivre coker turnaround and modification is now behind us, bitumen tanks are full, and exposedc mineable ore inventories have increased. Thesre fundamentals point to a strongersecone half, which is required to meet our curreny production outlook." Canadian Oil Sands plans to released its second quarter results on July 27, 2009. Canadian Oil Sands providesx a pure investment opportunity in the Syncrude Projecg throughits 36.74 per cent working The Trust is an open-ende investment trust managed by Canadian Oil Sandx Limited and has approximately 484.
4 million units outstanding, tradint on the Toronto Stock Exchangwe under the symbol Located near Fort McMurray, Alberta, Syncrude Canadza operates large oil-sands mines and an upgrading facilityu that produces a light, sweet crude oil on behal of its joint venture owners, whicyh include Canadian Oil Sands Limited, ConocoPhillipxs Oilsands Partnership II, Imperial Oil Resources, Mocaol Energy Limited, Murphy Oil Companh Ltd., Nexen Oil Sands Partnership, and Petro-Canadza Oil and Gas.
Advisory: In the interest of providingb Canadian OilSands (the "Trust" or unitholders and potential investors with information regarding the including management's assessment of the Trust's future plans and certain statements throughout this press releaser contain "forward-looking statements". Forward-looking statements in this release but are notlimited to, statementsd with respect to: the expectations for improvemenr to yield and run length of Coke r 8-3, the ramp up in Syncrude production; the costs associated with the Cokefr 8-3 turnaround; and the outlookm provided by Canadian Oil Sande on April 29, 2009, as such relates to operating costs, timing of maintenance and turnarounds in and cash from operating activities.
You are cautioned not to placse undue relianceon forward-looking statements, as therwe can be no assurancse that the plans, intentions or expectations upon whicjh they are based will occur. By their forward-looking statements involve numerous assumptions, known and unknow n risks and uncertainties, both general and that contribute to the possibility thatthe predictions, projections and other forward-looking statements will not occur.
Althoughg the Trust believes that the expectation s represented bysuch forward-looking statements are there can be no assurance that such expectations will prove to be Some of the risks and othed factors which could causde results to differ materially from those expressed in the forward-looking statementss contained in this press release but are not limited to: the difficulties and riskse involved in any complex mining and upgradinv operation and such other risks and uncertainties described from time to time in the reportse and filings made with securitiees regulatory authorities by the Trust.
We would refetr you to the risks and assumptions further outlinedr inthe Trust's annual information form and annual and quarterly financial reportw Canadian Oil Sands Limited Marcel Coutu President & Chief Executivde Officer Units Listed - Symbol: COS.UN Toronto Stockj Exchange
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