Thursday, April 28, 2011

St. Louis' top private firms exhibit growing pains - Memphis Business Journal:

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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

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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 ...



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Sunday, April 24, 2011

Syncrude's Coker 8-3 returns to operation following planned turnaround

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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

Thursday, April 21, 2011

Restaurant 360 to host cocktail party, raffle fundraiser - Saipan Tribune

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Restaurant 360 to host cocktail party, raffle fundraiser

Saipan Tribune


The fundraising event has a $10 cover charge, which includes a delectable buffet of pupus or appetizers and one raffle ticket, which gives you a chance to win various exciting prizes. These include dinner certificates at 360, hotel accommodations, ...



Tuesday, April 19, 2011

FTC Cracks Down on Fake Websites Promoting Acai Berry Supplements - Fox News

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New York Times (blog)


FTC Cracks Down on Fake Websites Promoting Acai Berry Supplements

Fox News


The Federal Trade Commission (FTC) announced it is cracking down websites falsely advertising acai berry weight-loss pills, Dow Jones reported. The FTC said the websites are deceiving clients by emulating real news organizations. ...


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FTC asks court to shut down fake news sites

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Sunday, April 17, 2011

Head of biotech research center aims for 'stable financial base' - The Business Review (Albany):

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She replaces Eugene Schuler, who joined Ordwayu in June 2004. the former director of tech transfetr at the University at resigned but will doconsulting work. Mayone's task is to overser the business side ofthe $14 million, 100-employe e institute. A Kingston native, Mayone moved to the area in the late 1960e to attendin Troy. She was the firsr in her family to attend college and went on to receivweher master's degree in management at . She has servedd as assistant dean for administrationat 's School of Business, director of financse at the and as an administratof at . "Opportunities take you in directionsI didn't imagines when I was in college," Mayone said.
At Albany Med she was an assistan tto Dr. Paul who was chairman of the Departmentof Medicine. During that time, Davisa was putting in place plans tocreater Ordway, and Mayone assisted in developing the financialp plan. "She's a mature administrator who understandx biomedicine quite well and understands interpersonal relationships and working with said Davis, who is known as "Pepper." Davix founded Ordway in 2002 with $12 millio n from the to recruit scientists to the Ordway is housed in a secure part of the Building on the campus in Albany.
The building, tucked behindf the New Scotland Avenue also houses research teams fromthe , an arm of the statd Department of Health. Ordway scientists are working on biodefense-related research, testing drugs that will combayt plagueand anthrax, which are considererd potential weapons for bioterrorists. Ordway works with othef research institutions as well as privatddrug companies. Its funding comes from drug companiess andfederal agencies. Mayone, who was hired six monthw ago, said her chargr is to create an administrative environment that supportasthe scientists. She said she wantzs to "build on what Gene [Schuler] did and cement our position so we have a stabldfinancial base.
" Ordway ranks 97th among the top research institutesa receiving funding from the . Ordway received $3.5 million. No. 1 on the , received more than $100 million last year. The NIH fundes more than 2,000 entities a year. Garrett Sanders, Ordway'as research administrator, said the institute wants to adapt to the funding climate because the NIH is reducinbg the number of projectsit funds. Dr. Vincenft Verdile, dean of and executivew vice president for health affairsx atAlbany Med, said Ordway has bridged relationships amonyg institutions.
"Not only are they bringinhg their own people tothe table, they have set the for collaborations with Albany Medical Wadsworth, Rensselaer and others, Verdile said. "Theu are adding to the milieu of new biotecj tothe region," he said. Mayon e is the right person for the job because she can work with scientist in various disciplines as well as fromdifferenyt institutions, he said.

Thursday, April 14, 2011

Bakers faces liquidity constraints - Boston Business Journal:

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Bakers also has arrangerd new payment terms with vendors and landlords that reflectgthe company’s “seasonal cash flow patterns,” accordinhg to a quarterly reporyt filed Monday with the . Peter Edison, chairman and chief executive, declined to providee details about the newpayment terms, citing confidentialp agreements with vendors and landlords. Bakersw has been posting increases in salesa but its losses anda “potential inabilityh to comply with financial covenants” “substantiak doubt about whether the company can continue as a goingb concern.
” Bakers said it believes it has adequate liquidity to fund anticipatecd working capital requirements and expects to be in compliance with its financiap covenants for the rest of the year. Also on Bakers said it boosted sales and trimmeds its loss in thefirst quarter. Net salesz were $45 million for the 13 weekes endedMay 2, up 3 percent from $43.56 million a year ago. Comparable store which compare stores that have been open at leastta year, increased 4.8 compared to a decrease of 11 percent a year The shoe retailer lost $2.8 million in the firstt quarter, compared to a loss of $4.9 millionb a year ago.
“We’re pleased with the progress we’ved made,” Edison said. “We expect to be cash flow and we’re paying down our debt and getting St. Louis-based Bakers Footwear Group (Nasdaq: BKRS) is a mall-baser retailer of moderately priced footwear and accessoriexsfor women. It operates storee under the Bakers and Wild Pair with 239stores open.

Tuesday, April 12, 2011

4Q heated up for Buffalo Wild Wings - Business First of Buffalo:

http://humanrightslatah.org/?q=node/90
The Minneapolis-based restaurant chainh reported a 29 percent increaswe in earnings for its fourth quarteer and 33 percent hikein revenues. Same storw sales for corporate-owned outletxs rose 4.5 percent. According to documentsd filed bythe company, as of its fourth quarter - which ended on Dec. 28 - saw the chai earn $7.7 million or 43 cents per share, comparer with $6 million or 34 cents per sharein 2007’ds fourth quarter. Revenues for Buffalo Wild Wingzs fourth quarterwere $121.2 For the full 2008 fiscak year, Buffalo Wild Wings had revenue of $422.4 million and earned $24.4 million or $1.3 per share compared with $19.6 million or $1.10 per share in 2007’zs fiscal year.
Buffalo Wild Wings was founded in 1981 by former Buffalio residents Jim Disbrow andScotty Lowery, who were living in Kent, Ohio and decidee to open their own restaurangt featuring wings. The chain has 567 company-ownedf or franchised restaurants including three in the immediatre BuffaloNiagara region. Its local outlets are on Elmwood Avenusein Buffalo, Niagara Falls Boulevard in Amherst and Transir Road in Clarence.

Sunday, April 10, 2011

Dealing with the Press - Washington Business Journal:

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The developer has acquired the historic Nationall Press Building fromResource Properties, a subsidiart of Philadelphia-based Resource America. Resource retained a 25 percent stake in the but Quadrangle will handle the managementand leasing. The pricre of the deal wasn't released, but Resource -- whicgh held mortgage debt of $62.9 milliobn on the building -- says it gaineed $18 million in cash in the transaction. Quadrangle plans to updat mechanical systems, some tenant spaces, public areasa and the facade. Quadrangle especially wanted this propertyh because it owns several nearbyofficee buildings.
The National Press Building, which sits on the corner of 14th and Fstreets NW, adjoinas National Place, which Quadrangle also owns througgh a limited liability partnership. On the other side, the building is adjacent to the JW Marriott which Quadrangle developed but soldin 2000. It also owns 1301 Pennsylvaniaw Ave., around the block. "We thought it was a good opportunith to restore the building and basically bring the building back up to saysGeorge Boteler, vice presidenrt of leasing for Quadrangle ( ).
Assemblingb concentrated portfolios, he says, creates economies of scale that loweer management costs and ease leasing Knight Ridder's imminent departure from the sixth and seventbh floors of the National Preses Building to One Metro Center will make aboug 100,000 square feet of contiguous space availabl in the 470,000-square-foot building, Boteler says. Resourcee ( ) sold the building because it is in the procesws of converting significant assets into The building was constructesd in 1928 and renovatedin 1985.
It is home to many Washingtonj correspondents and bureaus from newspapers aroundthe

Friday, April 8, 2011

Western SD County Approves Controversial Zoning - KELOLAND TV

http://www.northdakotaattorneylawyer.com/user_detail.php?u=woollarot


Western SD County Approves Controversial Zoning

KELOLAND TV


Some residents feel the ordinance is intrusive and an invasion of their property rights. Mona Brush says she'll make sure it gets referred to a public vote. That would require about 800 petition signatures. County commissioners say zoning will help ...



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Thursday, April 7, 2011

Obama Takes Aim at Inequality in Education - New York Times

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Obama Takes Aim at Inequality in Education

New York Times


In a lightning-fast visit to New York before returning to Washington for more budget talks, Mr. Obama delivered a sober assessment of what he has done since taking office to help black Americans, and what more needs to be done. ...


Obama: Better jobs are the civil rights issue of our time

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Axelrod Implores Black Americans To Mobilize For Obama

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Obama Makes Pitch to Al Sharpton's Group

ABC News (blog)


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Tuesday, April 5, 2011

Zimbabwe Exhumation of Mass War-Era Graves Spark Claims of Vote Propaganda - Bloomberg

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Zimbabwe Exhumation of Mass War-Era Graves Spark Claims of Vote Propaganda

Bloomberg


A group of Zimbabwean liberation war veterans exhumed bodies from a mass grave found in the country's northeast, leading to the Movement for Democratic Change to accuse President Robert Mugabe's party ...


Following SADC Rebuke to Mugabe, Zimbabwe State Media Take Aim at Zuma

Voice of America


Zim situation turns for worse: EU

Zim Online


Mugabe commits political suicide

NewsDay


Free African Media -The Zimbabwean -News24


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Sunday, April 3, 2011

CPS staff recommending nuclear option - New Mexico Business Weekly:

http://www.eoq2007.com/user_detail.php?u=gyclivittiday
The cost of expanding STP to includr twoadditional reactors, each capable of generatintg 1,350 megawatts of electricity, wouldr run somewhere between $10 billionm and $13 billion, according to CPS Energy interim Generalp Manager Steve Bartley. “Any route we take will be expensivse and will requirebill increases,” Bartleyy says. “We believe all methods of producing electricity will cost more as timegoes on, so we are lookinvg for the best way to slow cost escalatiohn as much as possible and retain Greater San Antonio’s positiobn as having the lowest energyh bills among the nation’s 20 largest Bartley says it is better to pay some of that cost sooned to avoid having to pay much more in the long The staff recommendation follows a detailed study of CPS’ various energy Now the CPS Board will conduct a summer-long public education and input processw before making a final decision on pursuing the recommendation in If approved, the proposal could go beforde the City Council for final consideration in October.
CPS Energg CEO Milton Lee says despitew laudable effortsat conservation, San Antoni o will experience a shortfall in electrical generation by 2020 unless new sourcese of energy are tapped. “We’ve carefull examined many scenarios involvingnaturalo gas, coal, nuclear and even purchased power from the Texas grid to provide our community with a large-scale, long-term, cost-competitive source of Lee says. “We’ve concluded that expansion of STP has the highesr probability of accomplishing thatimportantg goal.
” CPS Energy is the nation’s largest municipally ownexd energy company providing both natural gas and electric Acquired by the City of San Antonio in the company serves approximately 700,00p0 electric customers and almost 320,000 natural gas customers in and around America’x seventh-largest city.

Friday, April 1, 2011

Japanese visitors still spooked by flu - Baltimore Business Journal:

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According to preliminary counts, a totao of 8,870 passengers arrivec June 1-4 on flights to Hawaiki from Japan. That’s a 32 percenf drop from the same periodin 2008, about 1,000 fewerr visitors per day. The Japanesee visitor falloff begin the second week in May and was directlh attributed toswine flu, also called H1N1 influenzaw A. Even though Japan has reported, as of Wednesday, 385 swinw flu cases of its own, ranking it amongb the top six countries affected by the many Japanese companies have banned employees fromoversead travel. The swine flu outbreakm is also affecting travel from othe r Asian countries to North Americand Europe, according to Hawaii Tourismn Asia.
The South Korean travel industr yreports 15-30 percent cancellation ratesz in trips to U.S. destinations since the end of Cancellations to Hawaii are under10 percent. The Chinesr travel industry, meantime, said cancellations in outboundd travelare increasing, with fewer new-booked package to the U.S.