martaemimbzini.blogspot.com
Kelly told guests attending the 2009 Globak Transportation Conference that base d ontrends he’s seeing in June, he does not expect things to improvwe this month. However, Kelly added that Southwesyt is in a strong financial position with a solidcbalance sheet, very modest debt maturities and acceszs to the credit markets. “Clearly the realitty is it’s a very difficulft time,” Kelly said, “Earning are going to be very stresser until theeconomy changes.” Kelly said the airline remainds committed to maintaining strong levels of liquiditgy and preserving cash.
The company has been pursuing revenudeboosting initiatives, including fees for children that fly alones requiring crew care and a new program that lets pets that fit underr the seats fly for an additional charge. Kellt said thus far the company has remained committee to allowing customers access withoutr having to paybaggage fees. Southwest serves customers in central New Mexicp from the AlbuquerqueInternational Sunport.
Wednesday, November 24, 2010
Monday, November 22, 2010
Have Fondant, Will Travel: Ace of Cakes Canceled - LA Weekly (blog)
http://www.youtube-armenian.com/software-engineers-professionals-on-your-side/
Straits Times | Have Fondant, Will Travel: Ace of Cakes Canceled LA Weekly (blog) 22 2010 @ 11:30AM The Food Network announced that Ace of Cakes, the reality show that followed Duff Goldman and the staff of his Baltimore bakery, ... Canceled cake 'Ace of Cakes' Canceled After 10 Seasons Party City Announces Partnership With Charm City Cakes Founder, Duff Goldman |
Sunday, November 21, 2010
Baptist Hospital East set to open $130 million tower - Business First of Louisville:
http://adm-fenetres.com/menuiseries2.php
The structure features 144 private, inpatient rooms and eightt newsurgery suites. The project cost an estimates $130 million, including equipmen and furnishings. It was funded throughn government-sponsored bonds, private donationse and a $1 million pledge from the Baptist HospitaEast Auxiliary. The first floor includes Park Towert Cafe, which will sell gourmet coffee drinks andother sandwiches, wraps, salads and sushi. Lab spacse also will be located on the first An outpatient-surgery center will be locatee on the second floor and a cancer-care center will be locateds on the third floor of the The fourth floor will offer palliative care and overflow space for the cancer care center.
Neurosciencse and women's health services will be offerex on floors fiveand six, respectively, and the top two floors will be occupiee by orthopedics. Waiting rooms on each floor includ a small kitchen area with a refrigeratodrand microwave. Two rooms on each flootr are specially equipped for bariatric There also isa ground-floor healing garden and an outdoor garden area on the seconed floor. The surgery center will open in mid-August and patient rooms on upper floors will be opened in phases, beginning in late August.
The structure features 144 private, inpatient rooms and eightt newsurgery suites. The project cost an estimates $130 million, including equipmen and furnishings. It was funded throughn government-sponsored bonds, private donationse and a $1 million pledge from the Baptist HospitaEast Auxiliary. The first floor includes Park Towert Cafe, which will sell gourmet coffee drinks andother sandwiches, wraps, salads and sushi. Lab spacse also will be located on the first An outpatient-surgery center will be locatee on the second floor and a cancer-care center will be locateds on the third floor of the The fourth floor will offer palliative care and overflow space for the cancer care center.
Neurosciencse and women's health services will be offerex on floors fiveand six, respectively, and the top two floors will be occupiee by orthopedics. Waiting rooms on each floor includ a small kitchen area with a refrigeratodrand microwave. Two rooms on each flootr are specially equipped for bariatric There also isa ground-floor healing garden and an outdoor garden area on the seconed floor. The surgery center will open in mid-August and patient rooms on upper floors will be opened in phases, beginning in late August.
Friday, November 19, 2010
Capitol Square takes stake in Grandview Yard - Business First of Columbus:
http://blog4realestate.com/bonsai-gardening-for-beginners/
said Capitol Square Ltd., the real estate investment arm ofthe , will take a 20 percenr stake in Grandview Yard, the $600 million-plus commercial and residential comple x slated for more than 80 acres between Goodale Boulevard and West Third Avenue. Capitol Squarer also plans to increase its stake in the Arenq District from 10 percent to20 percent. About $750 millionm has been invested in the area surroundin g Nationwide Arena during the last 10 Financial terms of the deal werenot “We are thrilled to be expandingt this highly successful partnership,” Nationwide Realty Presidenyt Brian Ellis said in a news “Capitol Square has been a greaft partner in the Arena Districtr and we look forward to carrying that strongt relationship to Grandview Yard.
” Capitol Squar President Olin Jones cited the strengt of Nationwide Realty’s “vision and track record” in real estatwe development for its growing financial partnershipl with the subsidiary. “To us, this is more than just an Jones said in thenews release. “It’ an expanded partnership with our community.” Developetr first brought the Grandview Yard project to Nationwidr Realty more than threeyears ago, but Equityu sold off its minority stake in the projecty back to Nationwide Realty this year. In Grandview the new investment partnership plans up to 2 millioh square feet of retail and office and more than 600 condos and apartments.
But the project has slowesd in the last six monthwor so. Grandview Heights officials have expected plans for an initiakoffice building, hotel and fitness cente to come for several months even as the developetr promises to file a comprehensive developmen plan. A major stickinyg point has been fruitless efforts by the city of Grandvieaw Heights to come to termson cost-sharing for severalo street and railroad bridge projectss located in Columbus to improve access to the Grandview Yard
said Capitol Square Ltd., the real estate investment arm ofthe , will take a 20 percenr stake in Grandview Yard, the $600 million-plus commercial and residential comple x slated for more than 80 acres between Goodale Boulevard and West Third Avenue. Capitol Squarer also plans to increase its stake in the Arenq District from 10 percent to20 percent. About $750 millionm has been invested in the area surroundin g Nationwide Arena during the last 10 Financial terms of the deal werenot “We are thrilled to be expandingt this highly successful partnership,” Nationwide Realty Presidenyt Brian Ellis said in a news “Capitol Square has been a greaft partner in the Arena Districtr and we look forward to carrying that strongt relationship to Grandview Yard.
” Capitol Squar President Olin Jones cited the strengt of Nationwide Realty’s “vision and track record” in real estatwe development for its growing financial partnershipl with the subsidiary. “To us, this is more than just an Jones said in thenews release. “It’ an expanded partnership with our community.” Developetr first brought the Grandview Yard project to Nationwidr Realty more than threeyears ago, but Equityu sold off its minority stake in the projecty back to Nationwide Realty this year. In Grandview the new investment partnership plans up to 2 millioh square feet of retail and office and more than 600 condos and apartments.
But the project has slowesd in the last six monthwor so. Grandview Heights officials have expected plans for an initiakoffice building, hotel and fitness cente to come for several months even as the developetr promises to file a comprehensive developmen plan. A major stickinyg point has been fruitless efforts by the city of Grandvieaw Heights to come to termson cost-sharing for severalo street and railroad bridge projectss located in Columbus to improve access to the Grandview Yard
Wednesday, November 17, 2010
Landlords file objections in Eddie Bauer bankruptcy - Washington Business Journal:
http://www.directgenomics.com/article/Prometheans-Global-Distribution-Doubled-In-Three-Years.html
Eddie Bauer Holdings Inc. EBHI) wants a judge in U.S. bankruptcy court in Delawarre to set a bid deadline of July 14 and a July 16 date to auctionb offthe retailer’s assets. But , headquartereed in Santa Monica, and three other landlords want more time to evaluate anyproposeds deal. “The landlords did not create financial maladies, and should not bear the consequences of this bankruptcy through loss of theircontractual rights,” Macerich and the other landlords said in a cour t filing Thursday. Eddie Bauer filed for Chaptedr 11 bankruptcy protectionJune 17.
The New York privatw equity firm has made an offer to buyEddiw Bauer’s assets for $202 million, subjecr to an auction and bankruptcy court approval. CCMP has said it has agreedx to keep most ofEddie Bauer’s 371 stores if it were the winninvg bidder. But the company said it woulsd close an undisclosed number ofunderperforming stores. The Macerich Co. leases space to Eddie Bauer at Redmond Town Centerin Wash., and Portland’s Washington Square. Also objecting in the bankruptcy case are Eddie Bauer landlords SouthgateMall Associates, The Forbe s Co.
and Collectively the four companiez lease space to 20 Eddie Bauer stores in14
Eddie Bauer Holdings Inc. EBHI) wants a judge in U.S. bankruptcy court in Delawarre to set a bid deadline of July 14 and a July 16 date to auctionb offthe retailer’s assets. But , headquartereed in Santa Monica, and three other landlords want more time to evaluate anyproposeds deal. “The landlords did not create financial maladies, and should not bear the consequences of this bankruptcy through loss of theircontractual rights,” Macerich and the other landlords said in a cour t filing Thursday. Eddie Bauer filed for Chaptedr 11 bankruptcy protectionJune 17.
The New York privatw equity firm has made an offer to buyEddiw Bauer’s assets for $202 million, subjecr to an auction and bankruptcy court approval. CCMP has said it has agreedx to keep most ofEddie Bauer’s 371 stores if it were the winninvg bidder. But the company said it woulsd close an undisclosed number ofunderperforming stores. The Macerich Co. leases space to Eddie Bauer at Redmond Town Centerin Wash., and Portland’s Washington Square. Also objecting in the bankruptcy case are Eddie Bauer landlords SouthgateMall Associates, The Forbe s Co.
and Collectively the four companiez lease space to 20 Eddie Bauer stores in14
Tuesday, November 16, 2010
The everyday person's guide to Windows Phone 7 - NEWS.com.au
houghtalingbaemo1268.blogspot.com
ZDNet UK | The everyday person's guide to Windows Phone 7 NEWS.com.au It's the sort of thing nerds will turn their noses up at, but everyday people will enjoy. There are problems with that as well, though. ... Experience Life at Your Fingertips with the New Windows Phone 7 from LG Mobile ... |
Wednesday, November 10, 2010
Carolinas HealthCare reduces 1Q loss - Charlotte Business Journal:
http://swansboro-hotels.com/fr/6288-Hotel-Best-Western-Silver-Creek-Inn/
Investment losses for the lates t quarter totalednearly $101 Chief Financial Officer Greg Gombar anticipates gainds in the financial market in April and May will eraser those losses. Carolinas HealthCare uses investment earnings for capital That money is not used fordaily operations. The health-carw system hopes negotiations with several lenderw will cut its interest expenses tied to variablr debt andhigher bank-liquidity fees. Those fees are about $1 million per Interest expenses in the first quartedwere $21.8 million. From an operational standpoint, Carolinas HealthCare had a strontgfirst quarter, says Russ Guerin, executive vice president for businesds development and planning.
Net operating revenue climbefd 8.6 percent to $1.2 billion systemwide. Operatingy income exceeded $24.5 million. The health-care syste m saw adjusted discharges — a calculation that gaugex patientactivity — climb 5.2 percent from a year Growth within the health-care systen and expense management “is the primar y driver why we’re above budgeg significantly,” Guerin says.
Carolinas HealthCarr spent morethan $106 millioh on capital projects in the first Projects include new operating rooms at CMC-NorthEast and Carolinas Medical Center, an expansion of CMC-Pineville, a new hospital at CMC-Lincoln and construction of health-care pavilions in Steels Creek and Waxhaw, which will include free-standingy emergency departments. Challenges in the coming months include managingthe system’s growing bad-debt and charity-care reducing interest expenses and preparing for a possible statd cut in Medicaid funding, Gombar says. Bad-debt costs were 12 percentg over budget during the first topping $48 million in the first quarter.
During the same periodd last year, bad debt was about $43 The health-care system speny more than $770 million in community care in 2008, includinyg bad debt, charity care and subsidizing Medicareand Medicaid. That equalsz 18.8 percent of the health-cars system’s net operating revenue. ”It’sd a trend everybody’s seeingh across the country,” Gombar says. “Wed can’t control how many people are uninsured, how many peoplr show up at our doorwithouyt insurance.” North Carolina’s budget woes coulr results in a cut of up to 15 percen t for Medicaid. That could equate to $36 million in annuao losses forCarolinas HealthCare.
“Medicaid cuts are the wors economic benefit cut the statecan make,” Gombard says. “It’s painful.” Says Guerin: “It raises prices for thos e whodo pay. It makes no good businesz sense todo that.” Gombard says every dollar cut from Medicaid eliminatee $4 from the economy. Carolinas HealthCare is the largest health-care system in the Carolinas and the third-larges public system in the nation. The system owns, leasea or manages 25 hospitals. It has more than 40,000 full and part-time employees.
Investment losses for the lates t quarter totalednearly $101 Chief Financial Officer Greg Gombar anticipates gainds in the financial market in April and May will eraser those losses. Carolinas HealthCare uses investment earnings for capital That money is not used fordaily operations. The health-carw system hopes negotiations with several lenderw will cut its interest expenses tied to variablr debt andhigher bank-liquidity fees. Those fees are about $1 million per Interest expenses in the first quartedwere $21.8 million. From an operational standpoint, Carolinas HealthCare had a strontgfirst quarter, says Russ Guerin, executive vice president for businesds development and planning.
Net operating revenue climbefd 8.6 percent to $1.2 billion systemwide. Operatingy income exceeded $24.5 million. The health-care syste m saw adjusted discharges — a calculation that gaugex patientactivity — climb 5.2 percent from a year Growth within the health-care systen and expense management “is the primar y driver why we’re above budgeg significantly,” Guerin says.
Carolinas HealthCarr spent morethan $106 millioh on capital projects in the first Projects include new operating rooms at CMC-NorthEast and Carolinas Medical Center, an expansion of CMC-Pineville, a new hospital at CMC-Lincoln and construction of health-care pavilions in Steels Creek and Waxhaw, which will include free-standingy emergency departments. Challenges in the coming months include managingthe system’s growing bad-debt and charity-care reducing interest expenses and preparing for a possible statd cut in Medicaid funding, Gombar says. Bad-debt costs were 12 percentg over budget during the first topping $48 million in the first quarter.
During the same periodd last year, bad debt was about $43 The health-care system speny more than $770 million in community care in 2008, includinyg bad debt, charity care and subsidizing Medicareand Medicaid. That equalsz 18.8 percent of the health-cars system’s net operating revenue. ”It’sd a trend everybody’s seeingh across the country,” Gombar says. “Wed can’t control how many people are uninsured, how many peoplr show up at our doorwithouyt insurance.” North Carolina’s budget woes coulr results in a cut of up to 15 percen t for Medicaid. That could equate to $36 million in annuao losses forCarolinas HealthCare.
“Medicaid cuts are the wors economic benefit cut the statecan make,” Gombard says. “It’s painful.” Says Guerin: “It raises prices for thos e whodo pay. It makes no good businesz sense todo that.” Gombard says every dollar cut from Medicaid eliminatee $4 from the economy. Carolinas HealthCare is the largest health-care system in the Carolinas and the third-larges public system in the nation. The system owns, leasea or manages 25 hospitals. It has more than 40,000 full and part-time employees.
Tuesday, November 9, 2010
Fontainebleau's Soffer caught by Lehman Bros. bankruptcy - Business Courier of Cincinnati:
inupujyfab1211.blogspot.com
“When the retail division of the project lost access to fundinbthrough Lehman, it was unable to repaty the resort for its sharde of costs,” said Scott Baena, of Bilzin Sumberg Baen Price Axelrod, who represents Fontainebleau Las Vegas LLC in the “That put enormous stresx on the resort and that was the beginning of the Fontainebleau Las Vegas LLC and two of its affiliatese filed bankruptcy petitions in Miami late Tuesday.
The Fontainebleau Miamk Beach is not included inthe Soffer, also principal with Turnberry constructiomn and development companies, has partial, personapl guarantees on portions of the retailo component of the Las Vegas but those portions are not in bankruptcyt yet, Baena said. The complex is 70 percenf completed. Since December 2008, Lehman refusesd to make any advances underthe project’s $315 millioh construction loan, according to a motion to maintaihn cash management filed in the bankruptcy. After Lehman’s refusals, money stopped flowing through the retaio entity to theresort entity.
In March, other lenders pulled their financing, and construction on the resor t stoppedin May, Baena said. The company said in a news releaswe that the decision to file Chaptert 11 was the result of litigatiojn with the other lenders on projecf aboutnearly $800 milliom in construction funding for the project. Other lenders include , JPMorgajn Chase Bank and Deutsche BankTrust Co. Americas. In the shorg term, the company is seeking to stabilize and protecg the finished portion of the Baena said. “It’s no longer possiblw to downsizethe building,” he said. “The 30 percent remaininv construction is principallythe interior.
We’ve got a lovelyg building waiting tobe finished.”
“When the retail division of the project lost access to fundinbthrough Lehman, it was unable to repaty the resort for its sharde of costs,” said Scott Baena, of Bilzin Sumberg Baen Price Axelrod, who represents Fontainebleau Las Vegas LLC in the “That put enormous stresx on the resort and that was the beginning of the Fontainebleau Las Vegas LLC and two of its affiliatese filed bankruptcy petitions in Miami late Tuesday.
The Fontainebleau Miamk Beach is not included inthe Soffer, also principal with Turnberry constructiomn and development companies, has partial, personapl guarantees on portions of the retailo component of the Las Vegas but those portions are not in bankruptcyt yet, Baena said. The complex is 70 percenf completed. Since December 2008, Lehman refusesd to make any advances underthe project’s $315 millioh construction loan, according to a motion to maintaihn cash management filed in the bankruptcy. After Lehman’s refusals, money stopped flowing through the retaio entity to theresort entity.
In March, other lenders pulled their financing, and construction on the resor t stoppedin May, Baena said. The company said in a news releaswe that the decision to file Chaptert 11 was the result of litigatiojn with the other lenders on projecf aboutnearly $800 milliom in construction funding for the project. Other lenders include , JPMorgajn Chase Bank and Deutsche BankTrust Co. Americas. In the shorg term, the company is seeking to stabilize and protecg the finished portion of the Baena said. “It’s no longer possiblw to downsizethe building,” he said. “The 30 percent remaininv construction is principallythe interior.
We’ve got a lovelyg building waiting tobe finished.”
Sunday, November 7, 2010
Cantor says Pelosi isn't listening to voters - Politico (blog)
http://www.gsoares.org/article/Choosing-Good-Wines-To-Drink.html
Fox News | Cantor says Pelosi isn't listening to voters Politico (blog) says Democrats are aren't listening to voters if they keep Speaker Nancy Pelosi in the House Democratic leadership. "It is almost as if they didn't get the ... Cantor: Democrats 'Didn't Get the Message' From Voters if Pelosi Stays Rep. Eric Cantor: Nancy Pelosi should not be Democratic leader Cantor: If Pelosi Wins, Dems Don't Get It |
Saturday, November 6, 2010
House panel eyes Bernanke
http://www.tropicalrainstormscreensaver.com/Ru/support.htm
The Associated Press reports. The news comes less than a week before Bernanke is set to testify before the Houswe Committee on Oversight andGovernment Reform. Last BofA CEO Kenneth Lewis testified before the same committer that government officials pressured him to acquire the troubled brokerage late last year in an effort to savethe U.S. The hearing focused on federal officials’ role in BofA’s purchasde of Merrill Lynch. Charlotte, N.C.-based BofA (NYSE: BAC) boughft Merrill on Jan. 1 for $29.1 The deal resulted in BofA’s receiving an additional $20 billion in federalk funds under the Troubled AssetRelied Program.
BofA has received a total of $45 billion in TARP Lewis has been under intensre pressure from BofA shareholders for not disclosing the depthof Merrill’sz financial difficulties before the Merrill lost $15.3 billioj in the fourth quarter. Lawmakers questionefd Lewis on reports he felt pressuref byfederal authorities, including Bernanke and then-Treasury Secretaryt Henry Paulson, to go aheasd with the deal as Merrill’sz losses mounted. Lewis testified that BofA contacter officials atthe U.S. Treasury and Federal Reserv e in mid-December to infor m them that thebank “haf serious concerns about closing the transaction.
” he said, was consideringf declaring a “material adversre change,” which can allow an acquirer to back out of a propose deal. Lewis testified that Paulson toldhim BofA’s managemen “would or could” be removed if the bank backefd out of the deal. When lawmakers pressec him on the alleged threatsby regulators, Lewia said both parties were concerned about makinyg the best decisions for the health of the U.S. economy and BofA. He explainer that a decision that woulr harm the economy would also harm BofA because of its massivre sizeand breadth.
Lewis testified that he wasn’t intimidateed by the threat of losintg his job but bythe “seriousness of the threat” and the ramificationa on the overall economy had an influence on his “Just six months later, it is easy to forget just how closee to the brink our system he said. “I will never forget.”
The Associated Press reports. The news comes less than a week before Bernanke is set to testify before the Houswe Committee on Oversight andGovernment Reform. Last BofA CEO Kenneth Lewis testified before the same committer that government officials pressured him to acquire the troubled brokerage late last year in an effort to savethe U.S. The hearing focused on federal officials’ role in BofA’s purchasde of Merrill Lynch. Charlotte, N.C.-based BofA (NYSE: BAC) boughft Merrill on Jan. 1 for $29.1 The deal resulted in BofA’s receiving an additional $20 billion in federalk funds under the Troubled AssetRelied Program.
BofA has received a total of $45 billion in TARP Lewis has been under intensre pressure from BofA shareholders for not disclosing the depthof Merrill’sz financial difficulties before the Merrill lost $15.3 billioj in the fourth quarter. Lawmakers questionefd Lewis on reports he felt pressuref byfederal authorities, including Bernanke and then-Treasury Secretaryt Henry Paulson, to go aheasd with the deal as Merrill’sz losses mounted. Lewis testified that BofA contacter officials atthe U.S. Treasury and Federal Reserv e in mid-December to infor m them that thebank “haf serious concerns about closing the transaction.
” he said, was consideringf declaring a “material adversre change,” which can allow an acquirer to back out of a propose deal. Lewis testified that Paulson toldhim BofA’s managemen “would or could” be removed if the bank backefd out of the deal. When lawmakers pressec him on the alleged threatsby regulators, Lewia said both parties were concerned about makinyg the best decisions for the health of the U.S. economy and BofA. He explainer that a decision that woulr harm the economy would also harm BofA because of its massivre sizeand breadth.
Lewis testified that he wasn’t intimidateed by the threat of losintg his job but bythe “seriousness of the threat” and the ramificationa on the overall economy had an influence on his “Just six months later, it is easy to forget just how closee to the brink our system he said. “I will never forget.”
Thursday, November 4, 2010
BofA under fire from SEIU, consumer groups - Sacramento Business Journal:
http://www.talshavit.com/WordPress/?p=202
The criticism comes from the , whicjh is trying to organize the bank’s work along with the and the . They said that the largest bank in Californiwa pressured workers to meet sales quotas thatburdenerd customers, especially among the workinfg class, with costly and unnecessargy products. “The SEIU’s claims misrepresent Bank of America’s relationship with its customerw andits associates,” responded Anne Pace, a spokeswoman for N.C.-based BofA (NYSE: BAC).
Some of the practicezs being criticized, such as courtinv those at embassies to sign up for checking accounts andother products, has long been seen as savvuy move by major banks to reach out to Another area of criticism by the groups Tuesdayy involved debt collection. One former BofA employee said the bank falselyu threatenedlegal action, in violation of federa law. The former employee also said the bank called neighbors oftroublexd borrowers, asking them to deliver a message to the BofA custometr and hoping to embarrass “We will not comment on specific allegationsa made by former associates, but will say that our practicea are fair,” BofA’s Pace said.
“Thde bank is committed to providing products and services to all of our customeres to help them meet theirfinancial needs.”
The criticism comes from the , whicjh is trying to organize the bank’s work along with the and the . They said that the largest bank in Californiwa pressured workers to meet sales quotas thatburdenerd customers, especially among the workinfg class, with costly and unnecessargy products. “The SEIU’s claims misrepresent Bank of America’s relationship with its customerw andits associates,” responded Anne Pace, a spokeswoman for N.C.-based BofA (NYSE: BAC).
Some of the practicezs being criticized, such as courtinv those at embassies to sign up for checking accounts andother products, has long been seen as savvuy move by major banks to reach out to Another area of criticism by the groups Tuesdayy involved debt collection. One former BofA employee said the bank falselyu threatenedlegal action, in violation of federa law. The former employee also said the bank called neighbors oftroublexd borrowers, asking them to deliver a message to the BofA custometr and hoping to embarrass “We will not comment on specific allegationsa made by former associates, but will say that our practicea are fair,” BofA’s Pace said.
“Thde bank is committed to providing products and services to all of our customeres to help them meet theirfinancial needs.”
Wednesday, November 3, 2010
Gov. Parkinson Names Transition Team - KAKE
vorotintseyqah.blogspot.com
Gov. Parkinson Names Transition Team KAKE Governor Mark Parkinson has tapped three key advisors to spearhead the transition with Governor-elect Sam Brownback. Parkinson has asked Lt. Governor Troy ... Outgoing Kan. gov. appoints transition leaders Brownback begins transition to Kan. governor GOP victories push Kan. state government to right |
Monday, November 1, 2010
Sunday, October 31, 2010
Saturday, October 30, 2010
Thursday, October 28, 2010
For Annieglass,
ramsdenjerrieas54.blogspot.com
CUSTOMERS: 500 luxury retailers and resorts worldwides includingand EMPLOYEES: The company’s 25 employees producw between 72,000 and 96,000 plates, bowls, serving dishezs and decorative accessories LOCATIONS: Two — a 15,000-square-foot manufacturing studio and company headquarters in Watsonville and a retail store in Santwa Cruz. SHORT-TERM GOAL: To broaden the market and appeal to a youngercustomer LONG-TERM GOAL: CEO Annie Morhauser would like to elevate the appreciation of American-made handcrafted pieces worldwide. BEST BUSINESS To remain in Watsonville, allowing productiom and the company itself to stay underone roof.
SOMETHING ABOUg BUSINESS THAT WOULDSURPRISE PEOPLE: Morhauser’s work is shown in the permanent collection at the . The two sculpturall pieces are on display inthe museum’s Renwick Gallery. HOW BUSINESd WILL CHANGE IN NEXTFIVE YEARS: Morhausert anticipates increasing research and designj — looking to create some innovativ new pieces. She created a new collection every six TOUGHESTBUSINESS DECISION: Maintaining the glassware businesx in California after the 1989 Loma Priets earthquake. In the quake, fortunately no Annieglass staff memberzwere injured, Morehauser said, but the businesws suffered breakage of four tons of glass and lost raw equipment, product and workspace.
BIGGEST MISSED Morhauser, an adviser for an MBA program for designers atthe , said she wishes she had started advising sooner. LIKE BEST ABOUT THE Morhauser said she likes beinf able to see real changes within a short periodof time. LIKE LEASr ABOUT THE BUSINESS: “Distractions, particularly Morhauser said. ONE THING THAT WOULD SURPRISsE PEOPLEABOUT FOUNDER: “I flunkedx ceramics in high school,” Morhauser admitted.
CUSTOMERS: 500 luxury retailers and resorts worldwides includingand EMPLOYEES: The company’s 25 employees producw between 72,000 and 96,000 plates, bowls, serving dishezs and decorative accessories LOCATIONS: Two — a 15,000-square-foot manufacturing studio and company headquarters in Watsonville and a retail store in Santwa Cruz. SHORT-TERM GOAL: To broaden the market and appeal to a youngercustomer LONG-TERM GOAL: CEO Annie Morhauser would like to elevate the appreciation of American-made handcrafted pieces worldwide. BEST BUSINESS To remain in Watsonville, allowing productiom and the company itself to stay underone roof.
SOMETHING ABOUg BUSINESS THAT WOULDSURPRISE PEOPLE: Morhauser’s work is shown in the permanent collection at the . The two sculpturall pieces are on display inthe museum’s Renwick Gallery. HOW BUSINESd WILL CHANGE IN NEXTFIVE YEARS: Morhausert anticipates increasing research and designj — looking to create some innovativ new pieces. She created a new collection every six TOUGHESTBUSINESS DECISION: Maintaining the glassware businesx in California after the 1989 Loma Priets earthquake. In the quake, fortunately no Annieglass staff memberzwere injured, Morehauser said, but the businesws suffered breakage of four tons of glass and lost raw equipment, product and workspace.
BIGGEST MISSED Morhauser, an adviser for an MBA program for designers atthe , said she wishes she had started advising sooner. LIKE BEST ABOUT THE Morhauser said she likes beinf able to see real changes within a short periodof time. LIKE LEASr ABOUT THE BUSINESS: “Distractions, particularly Morhauser said. ONE THING THAT WOULD SURPRISsE PEOPLEABOUT FOUNDER: “I flunkedx ceramics in high school,” Morhauser admitted.
Wednesday, October 27, 2010
P&G muscles into car wash biz - Atlanta Business Chronicle:
evittiebodum1296.blogspot.com
The consumer products behemoth is rollingt out anational franchise-basecd car wash chain, dubbed Mr. Clean Car with Atlanta as the headquarters. Cincinnati-basee P&G (NYSE: PG) entered the car wash business afte acquiring the franchise rightsof Atlanta-based Carnett’s Car Washes, a chaijn run by Bruce Arnett Sr. and Bruce Arnett Jr. The car wash businessa is a $35 billion market in the U.S. and has beingv growing at a 10 percentannualo clip, said Mike Foster, a directod in FutureWorks, the new business development arm of P&G. The marker also lacks a national player. “From a cleaning standpoint,” Foster said, “[the] Mr.
Cleanm brand name and equity extends very well into the car wash Foster declined to disclose revenue projections forthe Mr. Clean Car Wash but let on that P&G has a soft-spot for “billion-dollat brands.” “We have 24 billion-dollar Foster said. “We wouldn’t be focusing on areas that don’t have the opportunity to grow to be interesting tothe company.” The Carnett’sz deal is likely a “bolt-on kind of which extends the Mr. Clean brand, rather than a broade r shift by P&G into the services said ErinAshley Smith, equitie analyst with P&G does a “lort of consumer research behind a lot of their Smith said.
“I would imagine that in this case they agood return.” While P&G’s well-lubricatecd marketing machine makes Tide and Pampers fly off the supermarket shelves, the services business might be anotherr matter. P&G’s previous attempts at entering the serviceindustry fizzled. In P&G operated a laundry service callefd , which it sold in according toThe . Other effort s at company-owned stores, including one called Culinary Sol, also fell Selling franchises in the middle ofa recession, where liquidity is a scarce commodity, also makews P&G’s timing suspect. Mr.
Clean Car Wash franchisees would need toinvesty $3 million to $4 million per car for land acquisition, construction and operating capital. They’d also pay an initiakl franchise feeof $35,0000 and 6 percent of net revenue in monthly royalty fees. “Marke t conditions [today] are interesting to be selling franchises,” Foster said. While Carnett gives P&G entry into the car wash the consumer goods company gives the locak chaina deep-pocketed partner and a nationally recognizef brand to take to market. “The wholee time we were buildingour we’d kind of had visions of taking it to the next leve and growing it beyond Atlanta,” said Arnett Jr.
, now chieg operating officer of the Mr. Cleanh Car Wash franchise. Partnering with a highly visible Arnett said, also drove interest from investor s and potential franchisees. Shortly after the acquisition became public in he said, “we were just inundated with inquiriez from investors across the country.” P&GG hopes to initially focus on six markets Georgia, Ohio, Illinois, Kentucky, North Carolina and Texas — but has aspirationsw for a broader “We want to be a national brand across everty state,” Foster said. “We want to have a presence in evert majormetropolitan area.” The Mr. Clean Car Wash however, will be measured.
Initial plansa call for the construction of three new car washes in metro Each car wash will employ up to50
The consumer products behemoth is rollingt out anational franchise-basecd car wash chain, dubbed Mr. Clean Car with Atlanta as the headquarters. Cincinnati-basee P&G (NYSE: PG) entered the car wash business afte acquiring the franchise rightsof Atlanta-based Carnett’s Car Washes, a chaijn run by Bruce Arnett Sr. and Bruce Arnett Jr. The car wash businessa is a $35 billion market in the U.S. and has beingv growing at a 10 percentannualo clip, said Mike Foster, a directod in FutureWorks, the new business development arm of P&G. The marker also lacks a national player. “From a cleaning standpoint,” Foster said, “[the] Mr.
Cleanm brand name and equity extends very well into the car wash Foster declined to disclose revenue projections forthe Mr. Clean Car Wash but let on that P&G has a soft-spot for “billion-dollat brands.” “We have 24 billion-dollar Foster said. “We wouldn’t be focusing on areas that don’t have the opportunity to grow to be interesting tothe company.” The Carnett’sz deal is likely a “bolt-on kind of which extends the Mr. Clean brand, rather than a broade r shift by P&G into the services said ErinAshley Smith, equitie analyst with P&G does a “lort of consumer research behind a lot of their Smith said.
“I would imagine that in this case they agood return.” While P&G’s well-lubricatecd marketing machine makes Tide and Pampers fly off the supermarket shelves, the services business might be anotherr matter. P&G’s previous attempts at entering the serviceindustry fizzled. In P&G operated a laundry service callefd , which it sold in according toThe . Other effort s at company-owned stores, including one called Culinary Sol, also fell Selling franchises in the middle ofa recession, where liquidity is a scarce commodity, also makews P&G’s timing suspect. Mr.
Clean Car Wash franchisees would need toinvesty $3 million to $4 million per car for land acquisition, construction and operating capital. They’d also pay an initiakl franchise feeof $35,0000 and 6 percent of net revenue in monthly royalty fees. “Marke t conditions [today] are interesting to be selling franchises,” Foster said. While Carnett gives P&G entry into the car wash the consumer goods company gives the locak chaina deep-pocketed partner and a nationally recognizef brand to take to market. “The wholee time we were buildingour we’d kind of had visions of taking it to the next leve and growing it beyond Atlanta,” said Arnett Jr.
, now chieg operating officer of the Mr. Cleanh Car Wash franchise. Partnering with a highly visible Arnett said, also drove interest from investor s and potential franchisees. Shortly after the acquisition became public in he said, “we were just inundated with inquiriez from investors across the country.” P&GG hopes to initially focus on six markets Georgia, Ohio, Illinois, Kentucky, North Carolina and Texas — but has aspirationsw for a broader “We want to be a national brand across everty state,” Foster said. “We want to have a presence in evert majormetropolitan area.” The Mr. Clean Car Wash however, will be measured.
Initial plansa call for the construction of three new car washes in metro Each car wash will employ up to50
Monday, October 25, 2010
Space City Credit Union branches out from roots - Houston Business Journal:
http://iancurtispsychiatrist.com/wellness/
will establish a branch in early July on the grounf floor of an office tower inside the 610 Loop nearPost Oak. Spacew City was chartered in 1965 to serve employees of oil and gas industryt equipmentmanufacturer LLC. The credit union shifted arounc several downtown locations with the company befores moving to its curreng headquarters on Harrisburg Boulevardin 1999. Craigt Rohden, Space City president and CEO, says the credit union had been lookingg to open another office forseverapl years, but waited to find the rightr location. Rohden notes that Spacee City alreadyserves Houston-area employees of General Electrid Co.
, and the new branch at 1233 West Loop South is also home to , making the move a logical fit. The credit union also has a small two-person office inside a GE Energyy plant on the Houston Ship Channek that serves morethan 1,000 employees on site. GE in fact, was once owned by Stewartf & Stevenson. Space City received regulatory approval for a charterin 2004, allowint the credit union to serve any customer within 10 milees of its headquarters. In addition, the credi t union is tied in to a network of about 70 othert rival credit union branches in the region so customers can access accounts atany location.
The communit y charter will apply to the new which was another factor in choosing the West Loop Rohden notesabout 1,200 people are employed in the two mirror-imagde officer towers owned by Dallas-based The new branch will included two drive-through lanes and an ATM, with an ATM to be installesd in the adjacent tower at 1333 West Loop Rohden says. “We’ll be marketintg to tenants in both buildings and the general public around the Galleriaq area within the perimeter ofthe branch,” he “Our community charter pretty much coverws everything inside Beltway 8 to downtown.
” A spatew of start-up banks and other regional players have opened for business in Houstonj this year looking to grab small business customerx away from the bigger banks. Rohden says Space City’s decision to expand had nothing to do with the shiftingy tide within the overall financiaoservices industries, considering the credit union markets to consumers, not businese customers. Unlike banks, credit unions are ownedd by theircustomers — rather than outside shareholders — and in essencs operate as not-for-profit entities. Any profits are folded back intoequituy capital.
Dan Bass, managinf director with investment bankers, agrees that credir unions like SpaceCity won’t have much impacft on small community banks, but are targeting retail customera that might be willinbg to switch from big national “Like the bigger banks, credit unionws are trying to get retail traffid through the door, and are focusing on finding the righ location. They have low costs so it make s a lot of sense for them todo that,” Bass Space City, which has 18 employees, now represent 5,326 members in 25 states aftetr widening its reach in the 1980s. The credig union has more than 70 customer companies in the with about 75 percent of its membership in theHoustohn area.
The credit union had two employees and assets ofabout $4 million when Rohdebn came on board in 1994. Filingx with the , which oversees the industry, show how Spacs City currently stacks up in thefinancial sector. The credit union had outstanding loansof $19 milliojn and deposits of just under $23 million in the firsgt quarter, with net income of $18,753 after postingt a loss of $335,376 in the fourtyh quarter of 2008.
will establish a branch in early July on the grounf floor of an office tower inside the 610 Loop nearPost Oak. Spacew City was chartered in 1965 to serve employees of oil and gas industryt equipmentmanufacturer LLC. The credit union shifted arounc several downtown locations with the company befores moving to its curreng headquarters on Harrisburg Boulevardin 1999. Craigt Rohden, Space City president and CEO, says the credit union had been lookingg to open another office forseverapl years, but waited to find the rightr location. Rohden notes that Spacee City alreadyserves Houston-area employees of General Electrid Co.
, and the new branch at 1233 West Loop South is also home to , making the move a logical fit. The credit union also has a small two-person office inside a GE Energyy plant on the Houston Ship Channek that serves morethan 1,000 employees on site. GE in fact, was once owned by Stewartf & Stevenson. Space City received regulatory approval for a charterin 2004, allowint the credit union to serve any customer within 10 milees of its headquarters. In addition, the credi t union is tied in to a network of about 70 othert rival credit union branches in the region so customers can access accounts atany location.
The communit y charter will apply to the new which was another factor in choosing the West Loop Rohden notesabout 1,200 people are employed in the two mirror-imagde officer towers owned by Dallas-based The new branch will included two drive-through lanes and an ATM, with an ATM to be installesd in the adjacent tower at 1333 West Loop Rohden says. “We’ll be marketintg to tenants in both buildings and the general public around the Galleriaq area within the perimeter ofthe branch,” he “Our community charter pretty much coverws everything inside Beltway 8 to downtown.
” A spatew of start-up banks and other regional players have opened for business in Houstonj this year looking to grab small business customerx away from the bigger banks. Rohden says Space City’s decision to expand had nothing to do with the shiftingy tide within the overall financiaoservices industries, considering the credit union markets to consumers, not businese customers. Unlike banks, credit unions are ownedd by theircustomers — rather than outside shareholders — and in essencs operate as not-for-profit entities. Any profits are folded back intoequituy capital.
Dan Bass, managinf director with investment bankers, agrees that credir unions like SpaceCity won’t have much impacft on small community banks, but are targeting retail customera that might be willinbg to switch from big national “Like the bigger banks, credit unionws are trying to get retail traffid through the door, and are focusing on finding the righ location. They have low costs so it make s a lot of sense for them todo that,” Bass Space City, which has 18 employees, now represent 5,326 members in 25 states aftetr widening its reach in the 1980s. The credig union has more than 70 customer companies in the with about 75 percent of its membership in theHoustohn area.
The credit union had two employees and assets ofabout $4 million when Rohdebn came on board in 1994. Filingx with the , which oversees the industry, show how Spacs City currently stacks up in thefinancial sector. The credit union had outstanding loansof $19 milliojn and deposits of just under $23 million in the firsgt quarter, with net income of $18,753 after postingt a loss of $335,376 in the fourtyh quarter of 2008.
Sunday, October 24, 2010
The age-old business question: Sell, fix or liquidate? - bizjournals:
http://nottedellataranta.net/?p=15
So before putting a businesse upfor sale, an owner needs to realistically assesd what makes the most sense: sell the liquidate the business or fix it. Here are four points to consider before makinyg the decisionto sell: Is this a sale or really a liquidation ? Businesses are typically valued based on a multiplee of the cash flow that they generate. But what about a business that’s operating at break even or losing money?
In theses situations, the business is probably not likeluy to be worth much more than the market valu e ofthe business’s underlying hard It’s difficult for a businesxs owner to accept the fact that the reputation, goodwil and intangible assets of the business that they’vse worked so hard to build are not reflectedx in the value of their business. However, the reality is that buyerd will generally value a business based on what itis now, not what it mightg be in the future. Is “what I need” creeping into the discussion ? The primary reason that small-business sales don’t close is because the business isunrealistically priced.
Too often sellers are drivenj by their personal financial rather than recognizing what the business is really worth toa buyer. It’sw totally understandable. The business owner may be nearing retirementg and may have to replenis a retirementplan that’s taken a hit due to the fallinh stock market. Perhaps they’ve amassed debt that needs to be paid off aftef the businessis However, as important as these factors may be for the they’re irrelevant to the The value of a business is driven by its abilit y to generate cash not by the personal needs of the • What comes the day after the sale ?
Everyone recognizes that buyers can get cold feet beforde the deal closes, but surprisingly, seller’s remorse is just as For many business owners, their identity is so wrapped up in theifr business, that an exit can be particularly So sellers need to thinm hard about what comes next for them. They need to reacy out to family as well as others close to and bring them into the Exit planning involves more than simply selling the It needs to include a plan for what a busineszs owner intends to do in that next chaptefr oftheir lives, as well as a comprehensive financial • If I don’yt sell, is it business as usual?
If selling is not a realistic option, the owne has a responsibility to look critically at their as a buyer would, and put in placwe an action plan to fix the problems. that’s easier said than done. However, too oftenh I will have a follow-on discussiob with the owner of a struggling businesd a year ortwo later. The realithy is that all that’s happenecd since our last discussion is that the businessx has gone deeper into debt and the ownet has funded theensuing losses. Can a strugglinh business be sold?
Absolutely, but the key is to find a companyu for which the upside is greatest and the problems The best approach is to help the buyert identify all of the areasof value, whether it’s increasing sales or reducinh expenses, and have them make a bid. Beauty is truluy in the eyes ofthe beholder, so the seller should not get caught in the trap of puttinh a price on theirt business. Also, they shouldn’t hold back on disclosingv the problems that their business may have struggleed with in the These issues are likely to come up latef in the due diligence process anyway, so it’s best to get “the the bad and the ugly” on the tabl e early.
Any business sale has its But if the right buyer has been if the seller is realistic in their pricw expectations and has really thought through what comes next for them the odds are very good that they can achievetheidr goals.
So before putting a businesse upfor sale, an owner needs to realistically assesd what makes the most sense: sell the liquidate the business or fix it. Here are four points to consider before makinyg the decisionto sell: Is this a sale or really a liquidation ? Businesses are typically valued based on a multiplee of the cash flow that they generate. But what about a business that’s operating at break even or losing money?
In theses situations, the business is probably not likeluy to be worth much more than the market valu e ofthe business’s underlying hard It’s difficult for a businesxs owner to accept the fact that the reputation, goodwil and intangible assets of the business that they’vse worked so hard to build are not reflectedx in the value of their business. However, the reality is that buyerd will generally value a business based on what itis now, not what it mightg be in the future. Is “what I need” creeping into the discussion ? The primary reason that small-business sales don’t close is because the business isunrealistically priced.
Too often sellers are drivenj by their personal financial rather than recognizing what the business is really worth toa buyer. It’sw totally understandable. The business owner may be nearing retirementg and may have to replenis a retirementplan that’s taken a hit due to the fallinh stock market. Perhaps they’ve amassed debt that needs to be paid off aftef the businessis However, as important as these factors may be for the they’re irrelevant to the The value of a business is driven by its abilit y to generate cash not by the personal needs of the • What comes the day after the sale ?
Everyone recognizes that buyers can get cold feet beforde the deal closes, but surprisingly, seller’s remorse is just as For many business owners, their identity is so wrapped up in theifr business, that an exit can be particularly So sellers need to thinm hard about what comes next for them. They need to reacy out to family as well as others close to and bring them into the Exit planning involves more than simply selling the It needs to include a plan for what a busineszs owner intends to do in that next chaptefr oftheir lives, as well as a comprehensive financial • If I don’yt sell, is it business as usual?
If selling is not a realistic option, the owne has a responsibility to look critically at their as a buyer would, and put in placwe an action plan to fix the problems. that’s easier said than done. However, too oftenh I will have a follow-on discussiob with the owner of a struggling businesd a year ortwo later. The realithy is that all that’s happenecd since our last discussion is that the businessx has gone deeper into debt and the ownet has funded theensuing losses. Can a strugglinh business be sold?
Absolutely, but the key is to find a companyu for which the upside is greatest and the problems The best approach is to help the buyert identify all of the areasof value, whether it’s increasing sales or reducinh expenses, and have them make a bid. Beauty is truluy in the eyes ofthe beholder, so the seller should not get caught in the trap of puttinh a price on theirt business. Also, they shouldn’t hold back on disclosingv the problems that their business may have struggleed with in the These issues are likely to come up latef in the due diligence process anyway, so it’s best to get “the the bad and the ugly” on the tabl e early.
Any business sale has its But if the right buyer has been if the seller is realistic in their pricw expectations and has really thought through what comes next for them the odds are very good that they can achievetheidr goals.
Friday, October 22, 2010
CPS staff recommending nuclear option - Houston Business Journal:
http://directextreme.com/en/marketing-direct/page_23.html
The cost of expanding STP to include twoadditional reactors, each capabld of generating 1,350 megawatts of electricity, would run somewhere between $10 billion and $13 billion, accordingh to CPS Energy interim General Manager Stev Bartley. “Any route we take will be expensiv and will requirebill increases,” Bartle says. “We believe all methodzs of producing electricity will cost more as timegoes on, so we are lookingh for the best way to slow cost escalationb as much as possible and retain Greater San Antonio’s position as havin g the lowest energy bills among the nation’s 20 largest cities.
” Bartley says it is bettet to pay some of that cost soonerd to avoid having to pay much more in the long term. The staf f recommendation followsa three-year, detailed study of various energy options. Now the CPS Board will conductga summer-long public education and inpuft process before making a finalk decision on pursuing the recommendation in September. If the proposal could go before the City Councilp for final considerationin October. CPS Energyy CEO Milton Lee says despite laudable effortsat conservation, San Antonio will experiencer a shortfall in electrical generatiom by 2020 unless new sourcesx of energy are tapped.
“We’ve carefully examined many scenariosd involvingnatural gas, coal, nuclear and even purchased power from the Texazs grid to provide our community with a large-scale, long-term, cost-competitive source of electricity,” Lee says. “We’ver concluded that expansion of STP has the highest probability of accomplishinb thatimportant goal.” CPS Energy is the nation’s larges municipally owned energy company providing both natural gas and electric Acquired by the City of San Antonio in 1942, the companyh serves approximately 700,000 electrivc customers and almost 320,000 natural gas customers in and arounde America’s seventh-largest city.
The cost of expanding STP to include twoadditional reactors, each capabld of generating 1,350 megawatts of electricity, would run somewhere between $10 billion and $13 billion, accordingh to CPS Energy interim General Manager Stev Bartley. “Any route we take will be expensiv and will requirebill increases,” Bartle says. “We believe all methodzs of producing electricity will cost more as timegoes on, so we are lookingh for the best way to slow cost escalationb as much as possible and retain Greater San Antonio’s position as havin g the lowest energy bills among the nation’s 20 largest cities.
” Bartley says it is bettet to pay some of that cost soonerd to avoid having to pay much more in the long term. The staf f recommendation followsa three-year, detailed study of various energy options. Now the CPS Board will conductga summer-long public education and inpuft process before making a finalk decision on pursuing the recommendation in September. If the proposal could go before the City Councilp for final considerationin October. CPS Energyy CEO Milton Lee says despite laudable effortsat conservation, San Antonio will experiencer a shortfall in electrical generatiom by 2020 unless new sourcesx of energy are tapped.
“We’ve carefully examined many scenariosd involvingnatural gas, coal, nuclear and even purchased power from the Texazs grid to provide our community with a large-scale, long-term, cost-competitive source of electricity,” Lee says. “We’ver concluded that expansion of STP has the highest probability of accomplishinb thatimportant goal.” CPS Energy is the nation’s larges municipally owned energy company providing both natural gas and electric Acquired by the City of San Antonio in 1942, the companyh serves approximately 700,000 electrivc customers and almost 320,000 natural gas customers in and arounde America’s seventh-largest city.
Thursday, October 21, 2010
Colorado OKs medical-pot help for poor - Denver Post
http://journeytomorocco.com/2007/09/09/doing-the-tourist-thing/
Colorado OKs medical-pot help for poor Denver Post The Colorado State Board of Health on Wednesday approved a program through which poor medical-marijuana patients can apply to the state ... Medical marijuana cards in Colorado will get cheaper for the poor |
Tuesday, October 19, 2010
Education funding still falls short despite federal stimulus infusion - Philadelphia Business Journal:
http://buffalourbanleague.org/BuiltOnPride.html
That was the sentiment of an eight-memberr panel of education, training and government experts gathered by the Soutgh Florida Business Journal to examinwe howthe $787 billion federall stimulus package is impacting the region’s educationj and workforce training sectors. The panel marked the third in theBusiness Journal’e ongoing stimulus series, aimed at tracking and analyzinyg the flow of money from the Americanm Recovery and Reinvestment Act into South Florida.
Florida’s Legislature was the only one nationallh to request a federal waivee that allowed it to take moneh from education and replace it with stimulus dollard while other states used stimulus dollar s to augmentthe budget. The situation concernerd paneliststate Sen. Eleanor “We are not starting at the startiny line. The school district in Broward County and those throughouty the state are starting behind thestarting line,” Sobeo said. “They have had problems for years and they areall scrambling.
” Veterann educator Robert Parks, a member of the Broward Countyh School Board, said, “Many of the larges urban districts in the nation are afraifd of one thing, which is basicallyy a bait and switch with those dollars.” What’se even more worrisome to some experts is that the stimulues money will eventually run out. “I’ really concerned about in threew years; what’s going to happen?” said José Vicente, presidenft of ’s North Campus. “This is a He said the college’s operating budget was cut $22 millionm while the stimulus money wasonly $13 Parks said Broward County’ school system has cut $1.
4 billion from its construction budget in additionn to furloughing 700 teachers and 51 “We’ve closed all of our school offices for the summer. We don’gt have summer school anymore,” Parks said. would have been looking at cutting its budgert byabout $30 million without $12 milliob in stimulus funds, said Dorothg K. Russell, the university’s associate VP for financial affairw andbudget director. The university cut 30 positions and “had we not had the stimulus dollars it couldd have been much more severe.” Georges Hanbury, executive VP and COO of , said the $1.
3 billionh in stimulus funds given to the state relievede pressure on the Legislature to furthet reduce support for Florida Resident Access Grants (FRAG), a key source of money for but he pointed out that the grants used to be $3,00 0 a year for students and are now The amount is important to who find enrollment caps at statew universities and turn to NSU and other privatde institutions. He also said that universities are working together to apply for federalstimulua funding. NSU has a collaborative proposal with and FAU fora $50 millionh research building with wet labs, business incubator spacee and offices for the U.S.
Geological Survey, which is helpingv oversee Everglades restoration. “We have shovel-ready projects we have submittedd to the Governor and in the next 60 days we couldsput 1,000 people to work,” Hanbury said. The competition for these typedof projects, though, is fierce. FAU is gettinh about $12 million in direcr infusion from the federalstimulus package, but the university also is seekintg money from the for labs and instruments, Russell April was the month to submit applicationws and the results are expected by The strongest flow of money, so far, appeara to be for programs that help the joblessx as the state’s unemployment rate has hit 10.2 percent.
That was the sentiment of an eight-memberr panel of education, training and government experts gathered by the Soutgh Florida Business Journal to examinwe howthe $787 billion federall stimulus package is impacting the region’s educationj and workforce training sectors. The panel marked the third in theBusiness Journal’e ongoing stimulus series, aimed at tracking and analyzinyg the flow of money from the Americanm Recovery and Reinvestment Act into South Florida.
Florida’s Legislature was the only one nationallh to request a federal waivee that allowed it to take moneh from education and replace it with stimulus dollard while other states used stimulus dollar s to augmentthe budget. The situation concernerd paneliststate Sen. Eleanor “We are not starting at the startiny line. The school district in Broward County and those throughouty the state are starting behind thestarting line,” Sobeo said. “They have had problems for years and they areall scrambling.
” Veterann educator Robert Parks, a member of the Broward Countyh School Board, said, “Many of the larges urban districts in the nation are afraifd of one thing, which is basicallyy a bait and switch with those dollars.” What’se even more worrisome to some experts is that the stimulues money will eventually run out. “I’ really concerned about in threew years; what’s going to happen?” said José Vicente, presidenft of ’s North Campus. “This is a He said the college’s operating budget was cut $22 millionm while the stimulus money wasonly $13 Parks said Broward County’ school system has cut $1.
4 billion from its construction budget in additionn to furloughing 700 teachers and 51 “We’ve closed all of our school offices for the summer. We don’gt have summer school anymore,” Parks said. would have been looking at cutting its budgert byabout $30 million without $12 milliob in stimulus funds, said Dorothg K. Russell, the university’s associate VP for financial affairw andbudget director. The university cut 30 positions and “had we not had the stimulus dollars it couldd have been much more severe.” Georges Hanbury, executive VP and COO of , said the $1.
3 billionh in stimulus funds given to the state relievede pressure on the Legislature to furthet reduce support for Florida Resident Access Grants (FRAG), a key source of money for but he pointed out that the grants used to be $3,00 0 a year for students and are now The amount is important to who find enrollment caps at statew universities and turn to NSU and other privatde institutions. He also said that universities are working together to apply for federalstimulua funding. NSU has a collaborative proposal with and FAU fora $50 millionh research building with wet labs, business incubator spacee and offices for the U.S.
Geological Survey, which is helpingv oversee Everglades restoration. “We have shovel-ready projects we have submittedd to the Governor and in the next 60 days we couldsput 1,000 people to work,” Hanbury said. The competition for these typedof projects, though, is fierce. FAU is gettinh about $12 million in direcr infusion from the federalstimulus package, but the university also is seekintg money from the for labs and instruments, Russell April was the month to submit applicationws and the results are expected by The strongest flow of money, so far, appeara to be for programs that help the joblessx as the state’s unemployment rate has hit 10.2 percent.
Monday, October 18, 2010
Sirens wailing in 3 SC counties - Myrtle Beach Sun News
xiwyxucupewox.blogspot.com
Sirens wailing in 3 SC counties Myrtle Beach Sun News AP MONCKS CORNER, SC -- Sirens wail in three South Carolina counties, but it's not an emergency, it's simply a test. Santee Cooper on Monday tests its 15 ... Sirens wailing in 3 SC counties |
Saturday, October 16, 2010
Los Angeles Business from bizjournals: Business Events Calendar
erofeyporgrinin.blogspot.com
List event sponsor(s) here. (Example American Company Inc., USA Business Ltd.) Use this area to give a precised location ofyour event. (Example: Downtown Marriot 345 Main St., New NY 000001 Provide the start time for youreventr (Example: 9a.m. - 12p.m.) List any chargw for your event. Please note if theree is no charge. (Example: $9 for $35 for non-members.) Choose a category that describeszyour event. Fill out one or more of the fields to the left to provides readers with a way to contact your organization to registet foryour event. Please give us your phone and e-mail address where we can contacg you in the event of questions abouf yourevent listings.
This information will not appear on the This information will only be used to contac you foradministrative purposes. bizjournals.com reserve the right to remove listings if it is determined they are offensive or not relevant tothe bizjournals.com or of "communityy interest" to our
List event sponsor(s) here. (Example American Company Inc., USA Business Ltd.) Use this area to give a precised location ofyour event. (Example: Downtown Marriot 345 Main St., New NY 000001 Provide the start time for youreventr (Example: 9a.m. - 12p.m.) List any chargw for your event. Please note if theree is no charge. (Example: $9 for $35 for non-members.) Choose a category that describeszyour event. Fill out one or more of the fields to the left to provides readers with a way to contact your organization to registet foryour event. Please give us your phone and e-mail address where we can contacg you in the event of questions abouf yourevent listings.
This information will not appear on the This information will only be used to contac you foradministrative purposes. bizjournals.com reserve the right to remove listings if it is determined they are offensive or not relevant tothe bizjournals.com or of "communityy interest" to our
Friday, October 15, 2010
Alexander McQueen RTW Spring 2011 - Women's Wear Daily
burwellmitubaes1369.blogspot.com
Alexander McQueen RTW Spring 2011 Women's Wear Daily Brava, Sarah Burton! One cannot imagine the pressure this young woman must have felt while designing her first big runway collection following the death of ... |
Wednesday, October 13, 2010
GM files for bankruptcy, plans to transfer operations to Wentzville - Minneapolis / St. Paul Business Journal:
glafirarynyxu.blogspot.com
Some operations and equipment from a steel stamping plantf inGrand Rapids, Mich., which is slated to clos e as part of the automaker'w restructuring, will be transferred to Wentzville, according to Bob a spokesman for the Wentzville plant. It's not yet known how many, if any, Michigan employees will opt to transfer to he said. GM officials called Wentzville Mayofr Paul Lambi at9 a.m. Monday to assurw him the local plant wouldremain "It's good that they are shippinb in work for this plant," Lambij said. "That's a positive that corporate thinks this plany willbe around.
" Still, Lambi rival automaker Chrysler plans to shutter its Fenton factors after investing $130 million in so it was important for Wentzville to not rely on GM so much and diversifgy its revenue stream. When Lambi took office seven years ago, Wentzville counted on GM for about 55 to 60 percenrt of its total Today, that's more like 15 percentt of the city's $24 million generakl fund, because GM pays the city abouty $3 million a year in real estate taxes, property taxes and other fees, he GM on Monday by the end of but the Wentzville plant was sparedr because it’s the only plant where Chevroletf Express and GMC Savana vans are made, The Wentzvillw plant will still undergo a previously announced and other productio cuts in June and July that will result in the layoffes of 300 workers.
Monday’s Chapter 11 filin by the 101-year-old automaker is amonv the largestin U.S. history and largest-ever U.S. manufacturingy bankruptcy. GM listed $173 billion in liabilities and $82 billiom in assets, according to the filedd in New York. GM to St. largest privately held company, Enterprise Rent-a-Car, and to Chapterd 11, which allows the company to operated while protected fromits creditors, pushes GM into a fast-track bankruptcy and provides $30 billion of additionak taxpayer funds to restructure. The GM plan as detaile by U.S.
officials would allow a much smalledr GM to emerge from coury protection within 60 to 90 The automaker has not provided an updated target for job cuts but was lookiny toeliminate 21,000 U.S. factory jobs from the 54,000 union memberws it now employs. General Motors employds 92,000 in the United States and is indirectlgy responsiblefor 500,000 retirees. The U.S. government would hold a 60 percent financial interest in areorganized GM, and the UAW woulc take a 17.5 percenty stake. The governments of Canadq and the province of Ontario have agreedx to a 12 percent ownership stakd in exchange forfinancial aid. GM bondholders wouldd get 10 percent.
"It’s a bittersweet thing," Wheelet said. "You hate to have to go through the process of closing plants and eliminating butlook around, that’s what's goinhg on with a lot of industries. Hopefully we can hire people in the future and be the vibran t company we once Download a copyof the
Some operations and equipment from a steel stamping plantf inGrand Rapids, Mich., which is slated to clos e as part of the automaker'w restructuring, will be transferred to Wentzville, according to Bob a spokesman for the Wentzville plant. It's not yet known how many, if any, Michigan employees will opt to transfer to he said. GM officials called Wentzville Mayofr Paul Lambi at9 a.m. Monday to assurw him the local plant wouldremain "It's good that they are shippinb in work for this plant," Lambij said. "That's a positive that corporate thinks this plany willbe around.
" Still, Lambi rival automaker Chrysler plans to shutter its Fenton factors after investing $130 million in so it was important for Wentzville to not rely on GM so much and diversifgy its revenue stream. When Lambi took office seven years ago, Wentzville counted on GM for about 55 to 60 percenrt of its total Today, that's more like 15 percentt of the city's $24 million generakl fund, because GM pays the city abouty $3 million a year in real estate taxes, property taxes and other fees, he GM on Monday by the end of but the Wentzville plant was sparedr because it’s the only plant where Chevroletf Express and GMC Savana vans are made, The Wentzvillw plant will still undergo a previously announced and other productio cuts in June and July that will result in the layoffes of 300 workers.
Monday’s Chapter 11 filin by the 101-year-old automaker is amonv the largestin U.S. history and largest-ever U.S. manufacturingy bankruptcy. GM listed $173 billion in liabilities and $82 billiom in assets, according to the filedd in New York. GM to St. largest privately held company, Enterprise Rent-a-Car, and to Chapterd 11, which allows the company to operated while protected fromits creditors, pushes GM into a fast-track bankruptcy and provides $30 billion of additionak taxpayer funds to restructure. The GM plan as detaile by U.S.
officials would allow a much smalledr GM to emerge from coury protection within 60 to 90 The automaker has not provided an updated target for job cuts but was lookiny toeliminate 21,000 U.S. factory jobs from the 54,000 union memberws it now employs. General Motors employds 92,000 in the United States and is indirectlgy responsiblefor 500,000 retirees. The U.S. government would hold a 60 percent financial interest in areorganized GM, and the UAW woulc take a 17.5 percenty stake. The governments of Canadq and the province of Ontario have agreedx to a 12 percent ownership stakd in exchange forfinancial aid. GM bondholders wouldd get 10 percent.
"It’s a bittersweet thing," Wheelet said. "You hate to have to go through the process of closing plants and eliminating butlook around, that’s what's goinhg on with a lot of industries. Hopefully we can hire people in the future and be the vibran t company we once Download a copyof the
Tuesday, October 12, 2010
Wiring circuit boards for success - Philadelphia Business Journal:
http://www.eastraordinary-cinema.com/article/R-Infra-to-get-Mumbai-Metro-II-tomorrow.html
Nick Barbin, co-founder, president and CEO, said that the which designs and makes the boarde on asmall scale, is always searchinbg for new customers to replacew those who fold or get acquired. “Iu would have to say we’ve had completde turnover on our customer list mayb two or threetimes over,” he But that’s a game that Pleasanton-based Optimukm Design has been winning. From 2006 to the company’s revenue grew 138 percentr — to $13.14 million. And it is on pace to grow 20 perceny to 40 percentin 2009. The company has been profitable everh year since its foundingyin 1991.
The company’s secret has been its willingness to look for new Barbin and his partners at first kept the firmsmall — with aboutt 8 to 15 And they only did layout and designn of the boards, partnering with manufacturerxs to produce them. But at the urging of some of the company’d customers, Optimum Design added the manufacturing side in 2001 and that’s been a catalyst for Today, the company has about 50 employees, and it’ds hiring this year, probably four to five peoplde for the manufacturing side of the business. Another successful strategy has been choosinbg theright customers.
It mostly works with companieds doing work for the military or makingmedica instruments. Both of thosse have fairly inelastic demand, and both industriese have traditionally contractedwith on-shore rather than looking to India and China for cheaper deals. But Barbih says that the company’sa ability to identify strong markets to chasee has helpedit grow. “In this industry you go as yourcustomerxs go,” he said. “There are a lot of companieds that are some of our competitors where theire focus is aparticular industry. If they’re really focuse d on telecom, they’re suffering right now, but 10 yeara ago they were doing great.
” The thirdx factor that sets Optimum Design apart is that itstayz small. The company only builds high-end boardx that are extremely complicated, and they only fill orders that range from 100to 10,000p boards. It’s that last factor that keeps it relatively safe from much biggerf andcheaper competition, said Jim who covers the industry for . Walker said that almos all of the biggest printed circuit board companies are in Theonly U.S. companies that survivwe are ones that aremaking high-enr or prototype boards that eventually get shipper off to overseas foundries to get mass-produced.
Walketr also said that the industry is ripe for consolidatiob but that companies like Optimum Design are fairlyh insulated from the first wave ofthosd acquisitions, because they’re too small to make an impactr on larger companies’ bottom One of Optimum Design’s an aerospace company that asked not to be identified for this articlr (Optimum signs non-disclosure agreements with many of its makes equipment for the military and uses Optimumn Design for its printed circuig boards. One of the engineers at the Randy, said that the firm used to make its own butin 2000, it contracted out the work due to budgeyt cuts.
Randy said he rarely finds problems with the product and that the companyu is now starting to work more closely with Optimunm Design since it has run threwe boards through theentire process. “They admitted ... that they actually cost a little bit more than the guy next but we have experienced the high qualityt fromthem that’s kept us comingf back,” he said. And Barbin says that Randy’s attitud is what makes the company successful. There are a couple of hundred printed-circuit-board companiesw in the Bay Area, he said. But by offeringh the full process, and keeping qualityy high, they’ve been able to find success.
“Thr designers we have here are world-class,” he “There’s really no one out there that can competwe withour designers.”
Nick Barbin, co-founder, president and CEO, said that the which designs and makes the boarde on asmall scale, is always searchinbg for new customers to replacew those who fold or get acquired. “Iu would have to say we’ve had completde turnover on our customer list mayb two or threetimes over,” he But that’s a game that Pleasanton-based Optimukm Design has been winning. From 2006 to the company’s revenue grew 138 percentr — to $13.14 million. And it is on pace to grow 20 perceny to 40 percentin 2009. The company has been profitable everh year since its foundingyin 1991.
The company’s secret has been its willingness to look for new Barbin and his partners at first kept the firmsmall — with aboutt 8 to 15 And they only did layout and designn of the boards, partnering with manufacturerxs to produce them. But at the urging of some of the company’d customers, Optimum Design added the manufacturing side in 2001 and that’s been a catalyst for Today, the company has about 50 employees, and it’ds hiring this year, probably four to five peoplde for the manufacturing side of the business. Another successful strategy has been choosinbg theright customers.
It mostly works with companieds doing work for the military or makingmedica instruments. Both of thosse have fairly inelastic demand, and both industriese have traditionally contractedwith on-shore rather than looking to India and China for cheaper deals. But Barbih says that the company’sa ability to identify strong markets to chasee has helpedit grow. “In this industry you go as yourcustomerxs go,” he said. “There are a lot of companieds that are some of our competitors where theire focus is aparticular industry. If they’re really focuse d on telecom, they’re suffering right now, but 10 yeara ago they were doing great.
” The thirdx factor that sets Optimum Design apart is that itstayz small. The company only builds high-end boardx that are extremely complicated, and they only fill orders that range from 100to 10,000p boards. It’s that last factor that keeps it relatively safe from much biggerf andcheaper competition, said Jim who covers the industry for . Walker said that almos all of the biggest printed circuit board companies are in Theonly U.S. companies that survivwe are ones that aremaking high-enr or prototype boards that eventually get shipper off to overseas foundries to get mass-produced.
Walketr also said that the industry is ripe for consolidatiob but that companies like Optimum Design are fairlyh insulated from the first wave ofthosd acquisitions, because they’re too small to make an impactr on larger companies’ bottom One of Optimum Design’s an aerospace company that asked not to be identified for this articlr (Optimum signs non-disclosure agreements with many of its makes equipment for the military and uses Optimumn Design for its printed circuig boards. One of the engineers at the Randy, said that the firm used to make its own butin 2000, it contracted out the work due to budgeyt cuts.
Randy said he rarely finds problems with the product and that the companyu is now starting to work more closely with Optimunm Design since it has run threwe boards through theentire process. “They admitted ... that they actually cost a little bit more than the guy next but we have experienced the high qualityt fromthem that’s kept us comingf back,” he said. And Barbin says that Randy’s attitud is what makes the company successful. There are a couple of hundred printed-circuit-board companiesw in the Bay Area, he said. But by offeringh the full process, and keeping qualityy high, they’ve been able to find success.
“Thr designers we have here are world-class,” he “There’s really no one out there that can competwe withour designers.”
Sunday, October 10, 2010
The Prudent Pantry: Halloween 2010 Quick Pumpkin Recipes - Savings.com (blog)
http://tamparelocationinfo.com/page/APO-Hiking-Society---Amazing-Achievements-Of-3-Fil.html
The Prudent Pantry: Halloween 2010 Quick Pumpkin Recipes Savings.com (blog) It's that time of year again--the time when I find myself wishing Halloween was a food holiday the way Thanksgiving and Christmas and Easter are. ... |
Saturday, October 9, 2010
Bing gives Microsoft bounce - Washington Business Journal:
ulyanaimiiurebor.blogspot.com
Internet traffic tracking firm says Microsoft sitexs increased daily penetrationamong U.S. searcherws from 13.8 percent durinh the week of May 26to 15.5 percent during the week of June 2, the week of Bing’ public launch. Microsoft’s share of searcg result pages inthe U.S. – what comScore callxs a proxy for overall search intensity rosefrom 9.1 percent to 11.1 percent during the same “These initial data suggest that Microsoff Bing has generated early interest, resulting in a spike in searcjh engagement and an immediate term improvement to Microsoft’s positionj in the search market, comScord senior vice president Mike Hurt said in a “So far it appears that the lifts in searcher penetratiojn and engagement have held relatively steady throughout the five day period.
” While Reston-basefd comScore (NASDAQ: SCOR) says it remains to be seen if Microsoft’xs search gains will continue to grow because of Bing, it also says the new searchg engine “is off to a good start.” Microsofty trails , the numbe r one ranked search engine, by a wide margin. Google accounteds for more than 64 percent ofall U.S. searches in three times second-ranked Yahoo and eight times Microsoft’e share, according to comScore.
Internet traffic tracking firm says Microsoft sitexs increased daily penetrationamong U.S. searcherws from 13.8 percent durinh the week of May 26to 15.5 percent during the week of June 2, the week of Bing’ public launch. Microsoft’s share of searcg result pages inthe U.S. – what comScore callxs a proxy for overall search intensity rosefrom 9.1 percent to 11.1 percent during the same “These initial data suggest that Microsoff Bing has generated early interest, resulting in a spike in searcjh engagement and an immediate term improvement to Microsoft’s positionj in the search market, comScord senior vice president Mike Hurt said in a “So far it appears that the lifts in searcher penetratiojn and engagement have held relatively steady throughout the five day period.
” While Reston-basefd comScore (NASDAQ: SCOR) says it remains to be seen if Microsoft’xs search gains will continue to grow because of Bing, it also says the new searchg engine “is off to a good start.” Microsofty trails , the numbe r one ranked search engine, by a wide margin. Google accounteds for more than 64 percent ofall U.S. searches in three times second-ranked Yahoo and eight times Microsoft’e share, according to comScore.
Thursday, October 7, 2010
Putting her money where her voice is - Ottawa Citizen
vasilisaxavymar.blogspot.com
Putting her money where her voice is Ottawa Citizen Like many a Canadian jazz musician wanting to present their music across the country, the Juno-nominated vocalist applied for Canada Council funding to ... |
Wednesday, October 6, 2010
City Told Not to take Legal Action Against Medical Marijuana Landlord - LAist
http://bakuzaman.com/pechnoe2.1.php
LAist | City Told Not to take Legal Action Against Medical Marijuana Landlord LAist It only applies to one landlord, but it could indicate what future cases hold. A judge yesterday barred Los Angeles city attorneys from taking action ... LA judge: marijuana dispensary landlord protected Judge bars city of LA from taking legal action against landlord of medical ... |
Monday, October 4, 2010
Sunday, October 3, 2010
2010 Petit Le Mans: Extreme Speed Motorsports ALMS Race Recap - PaddockTalk
evittiebodum1296.blogspot.com
AutoWeek | 2010 Petit Le Mans: Extreme Speed Motorsports ALMS Race Recap PaddockTalk The 02 Extreme Speed Motorsports Ferrari, piloted by Ed Brown, Guy Cosmo, and Joao Barbosa, finished in 11th position today in the GT2 class, ... 2010 Petit Le Mans: Extreme Speed Motorsports ALMS Qualifying Recap Ferraris Take First Four GT Spots at Petit Le Mans 2010 Petit Le Mans: Michelin ALMS Race Recap |
Friday, October 1, 2010
Generic copies of Astra's Nexium launch in Germany - Reuters
hustenuejib1630.blogspot.com
Generic copies of Astra's Nexium launch in Germany Reuters LONDON, Oct 1 (Reuters) - Several generic drugmakers have launched cheap copies of AstraZeneca's (AZN.L) top-selling heartburn and ulcer ... |
Thursday, September 30, 2010
Senators: Investigate exclusive deals between carriers, makers of phones - Dallas Business Journal:
http://www.audiautoclub.com/hbl-in-tysons-corner-va
“We ask that you examined this issue carefully and act expeditiously should you find that exclusivity agreements unfairly restrict consumer choice or adversely affect competitionb in the commercialwireless marketplace,” the senators said in a Monday letted to FCC Chairman Michael Copps. The four senators were Commerc e Committee membersJohn Kerry, D-Mass.; Roger Wicker, R-Miss.; Byronh Dorgan, D-N.D.; and Amy Klobuchar, D-Minn. The committee plans a hearing this week about issues forwirelesd customers, a release said. Exclusive arrangements for mobile phones are nothing new.
Early this month, Overlan d Park-based (NYSE: S) smartphone, which it and makerd (Nasdaq: PALM) hope will compete with the populadr iPhone, made by (Nasdaq: AAPL) and sold exclusivelyt since 2007by (NYSE: T). which has the exclusive on the Pre untip at least the end ofthe year, said the Pre . Withouty exclusivity deals, carriers would be less likely to investr with manufacturers to create innovative newmobils devices, and they also would be less likelty to provide as high a subsidy to help consumers pay for the phones when they sign up for servicer contracts, Sprint spokesman John Tayloe said in an interview Handsets, of which there may be more than 600 on the U.S.
marketr at any time, can cost hundreds of dollare more withoutcarrier subsidies. “This is a reallyt vibrantly competitive and healthy market that gives consumers a lot of choices when it comewsto handsets,” he said. The senators asked that the FCC consider whetherr exclusivity agreements are becoming increasinglyu common between dominant industry whether they restrict consumer choiceby geography, particularly for rura l consumers; whether they limit consumers from fully using handset technologies; whether they manipulate the wirelesds carrier market; and how they affect handset innovation.
“We ask that you examined this issue carefully and act expeditiously should you find that exclusivity agreements unfairly restrict consumer choice or adversely affect competitionb in the commercialwireless marketplace,” the senators said in a Monday letted to FCC Chairman Michael Copps. The four senators were Commerc e Committee membersJohn Kerry, D-Mass.; Roger Wicker, R-Miss.; Byronh Dorgan, D-N.D.; and Amy Klobuchar, D-Minn. The committee plans a hearing this week about issues forwirelesd customers, a release said. Exclusive arrangements for mobile phones are nothing new.
Early this month, Overlan d Park-based (NYSE: S) smartphone, which it and makerd (Nasdaq: PALM) hope will compete with the populadr iPhone, made by (Nasdaq: AAPL) and sold exclusivelyt since 2007by (NYSE: T). which has the exclusive on the Pre untip at least the end ofthe year, said the Pre . Withouty exclusivity deals, carriers would be less likely to investr with manufacturers to create innovative newmobils devices, and they also would be less likelty to provide as high a subsidy to help consumers pay for the phones when they sign up for servicer contracts, Sprint spokesman John Tayloe said in an interview Handsets, of which there may be more than 600 on the U.S.
marketr at any time, can cost hundreds of dollare more withoutcarrier subsidies. “This is a reallyt vibrantly competitive and healthy market that gives consumers a lot of choices when it comewsto handsets,” he said. The senators asked that the FCC consider whetherr exclusivity agreements are becoming increasinglyu common between dominant industry whether they restrict consumer choiceby geography, particularly for rura l consumers; whether they limit consumers from fully using handset technologies; whether they manipulate the wirelesds carrier market; and how they affect handset innovation.
Tuesday, September 28, 2010
Trading Alert for Baker Hughes Incorporated (BHI) - Market Intellisearch
http://thegraphicsstore.com/12-stock-photo-shopping-and-sale.html
Trading Alert for Baker Hughes Incorporated (BHI) Market Intellisearch Shares of Baker Hughes Incorporated edged up $0.25 (+0.62%) to $40.88. The stock closed at $40.63 in the previous trading session and opened today at $40.57 ... Trading Alert for ZAGG Incorporated (ZAGG) |
Monday, September 27, 2010
High-end home sales in Charlotte on hold - Business Courier of Cincinnati:
http://www.sasuk-yingo.com/article/Hardware-virtualization--Software-porting-yesterdays-problem-.html
million mansion in Myers With its marble floors andwine cellar, the 5,700-square-footr spec home on Queens Road West was built long before the financial crisis reshaped Charlotte’z economic landscape. It might get two showings a month, but so far no offeres close to theasking price. For Realtor s such as Mitchener and the sellers they this is the new realittyfor high-end homes. It’s a segment of the real estated market that has been painfulltyslow — and which experts say is holdingv back a broader housing recovery. The numbet of home sales above $750,000, or thosr considered high-end by the , has And for multimillion-dollar homes, things are even slower.
“Yoh barely even get a showinb onthose properties,” says Mitchener, a co-owner of real estated firm . While Realtors say they are startinf to see a thaw for homesx at the lower end of the luxury the numbers for the Charlottde area havebeen stark. According to data from the , only 75 homew priced above $750,000 sold in the first quartedr inthe 10-county service area for That’se down 54% from the 162 properties sold in the firsgt quarter of 2008. And it’s down 69% from the 245 sold in the firsyt quarterof 2007.
That’s a more dramatic slowdowm than the real estatemarket overall, whichg saw a 38% drop in closingds in the first quartere from a year earlier, according to the And the higher the price, the worse it gets. Charlottes real estate consultant Chuck Graham notes thatin 2008, a totaol of 490 homes priced above $875,000 sold in Mecklenbur g and seven surrounding counties. In this year’zs first quarter, that number was 39, puttinv the market on pace for just over 150 such closingsathis year. That’s a 70% plunge. The high-endx real estate market, Graham says, is “really in more difficulty shape than theoverall market.
And the higherr you go up in the more distressedthe market.” He believes the slowdownm stems in large part from the downturn in the financial-services industrg and the impact it has had on would-bed buyers of luxury homes. “All the highest-paying jobs in the market are the most distressedf atthe moment.” Marilyn whose firm specializes in neighborhoodsd such as Myers Park, Eastover and Foxcroft, says activity has started to pick up. the near collapse and sale ofWachoviza Corp. has had an outsized impact on high-en d sales, she says. “It reallyh crushed us,” Hartley says. “Wachovia going down really hurt Charlottew as far asthe high-end market goes.
They just let so many peoplr go, and there’s so many houses on the market. You woulrd think it would be a buyer’w market, but the sellers need that money, so they’re holding out for it. It’s Hartley says deals have closed recentlgy on some homes inthe $1.4 milliomn to $1.5 million range, “but none of the greay big ones have sold.” According to the National Associationb of Realtors, the nationwide supplu of homes priced above $750,000 has risen to 41.1 monthzs from 18.
7 months in 2007, and sale are only half of what they The trade association contends the rates on jumbo mortgages, or those above $417,000, are part of the problejm because they remain higherr than the rates on conforming loans, or thoser beneath that threshold. “Lenders are keeping credit standardxs overly stringent for borrowersx at the higher end of the market and are increasingluy reluctant to makejumbpo loans,” NAR chief economist Lawrence Yun said last
million mansion in Myers With its marble floors andwine cellar, the 5,700-square-footr spec home on Queens Road West was built long before the financial crisis reshaped Charlotte’z economic landscape. It might get two showings a month, but so far no offeres close to theasking price. For Realtor s such as Mitchener and the sellers they this is the new realittyfor high-end homes. It’s a segment of the real estated market that has been painfulltyslow — and which experts say is holdingv back a broader housing recovery. The numbet of home sales above $750,000, or thosr considered high-end by the , has And for multimillion-dollar homes, things are even slower.
“Yoh barely even get a showinb onthose properties,” says Mitchener, a co-owner of real estated firm . While Realtors say they are startinf to see a thaw for homesx at the lower end of the luxury the numbers for the Charlottde area havebeen stark. According to data from the , only 75 homew priced above $750,000 sold in the first quartedr inthe 10-county service area for That’se down 54% from the 162 properties sold in the firsgt quarter of 2008. And it’s down 69% from the 245 sold in the firsyt quarterof 2007.
That’s a more dramatic slowdowm than the real estatemarket overall, whichg saw a 38% drop in closingds in the first quartere from a year earlier, according to the And the higher the price, the worse it gets. Charlottes real estate consultant Chuck Graham notes thatin 2008, a totaol of 490 homes priced above $875,000 sold in Mecklenbur g and seven surrounding counties. In this year’zs first quarter, that number was 39, puttinv the market on pace for just over 150 such closingsathis year. That’s a 70% plunge. The high-endx real estate market, Graham says, is “really in more difficulty shape than theoverall market.
And the higherr you go up in the more distressedthe market.” He believes the slowdownm stems in large part from the downturn in the financial-services industrg and the impact it has had on would-bed buyers of luxury homes. “All the highest-paying jobs in the market are the most distressedf atthe moment.” Marilyn whose firm specializes in neighborhoodsd such as Myers Park, Eastover and Foxcroft, says activity has started to pick up. the near collapse and sale ofWachoviza Corp. has had an outsized impact on high-en d sales, she says. “It reallyh crushed us,” Hartley says. “Wachovia going down really hurt Charlottew as far asthe high-end market goes.
They just let so many peoplr go, and there’s so many houses on the market. You woulrd think it would be a buyer’w market, but the sellers need that money, so they’re holding out for it. It’s Hartley says deals have closed recentlgy on some homes inthe $1.4 milliomn to $1.5 million range, “but none of the greay big ones have sold.” According to the National Associationb of Realtors, the nationwide supplu of homes priced above $750,000 has risen to 41.1 monthzs from 18.
7 months in 2007, and sale are only half of what they The trade association contends the rates on jumbo mortgages, or those above $417,000, are part of the problejm because they remain higherr than the rates on conforming loans, or thoser beneath that threshold. “Lenders are keeping credit standardxs overly stringent for borrowersx at the higher end of the market and are increasingluy reluctant to makejumbpo loans,” NAR chief economist Lawrence Yun said last
Saturday, September 25, 2010
Rangers punch playoffs ticket - Deseret News
http://www.peacon.net/article/Personally-Made-Tasty-Chocolates-and-Flowers.html
CBS News | Rangers punch playoffs ticket Deseret News AP OAKLAND, Calif. â€" The Texas Rangers clinched the AL West title Saturday and their first playoff berth in 11 years, beating the Oakland Athletics 4-3 on ... Ride to playoffs sweet reward for Rangers Rangers reach the playoffs for first time since 1999 |
Friday, September 24, 2010
Tampa Bay Times' cyber name dispute enters a new domain - Kansas City Business Journal:
http://plazmasound.com/?p=357
"I didn't even know the Tribun e had that name," Clough said. "I likecd the ring of it, frankly, because you had two The online magazine nevertook off, and Clough would refocux his work instead on He maintained ownership of the domain name over the however, and it wasn't untipl he started working with Blaire Fanning, owne r of in Tampa, that he realized the full potential of the name and how it coulcd possibly promote products with his new company, . "Thi s is a small little company whicn has one little window of opportunitgy to tie in abigger name," Fanningt said.
"The domain name for isn't necessarilh a sales tool for him becausehis TelVac, is a global interesrt not a geographic target. But what is of interest is that he just happenxs to own thisdomain name, and that is I think." Fanning said she talked with Cloughj about what to do with the domain and she even contacted both the Tribune and the Timezs to see if they mighty be interested in bidding for it. At the same however, she said she worried about pullin Clough into thetwo conflict. "The big names have all the all the power to fight thelittled guy," Fanning said.
In the end, however, Cloug h decided to simply have the domain name redirectto gVista's Web And so far, there have been no challenges from the newspapers. Clougj and Fanning probably won't hear from them either, said Andy a shareholder at Carlton Fields who practicesw primarily in intellectual property lawand "I don't know who of the Tampaw Tribune or the St. Petersburg Times woulfd have a claimto it," Greenberg said.
"Whoever has a claim to Tampq Times might havea claim" througgh a dispute resolution service, but it's Since 2000, disputes arising from ownership of domain names have fallen under the jurisdictionj of the , or ICANN, a California-based nonprofir charged with the responsibility of assigning domainh names on the Internet. Instead of forcintg disputes into court, ICANN now mandates finall decisions to come from the NationaloArbitration Forum. In many cases, the NAF is asked simplt to transfer ownership of a domain name from one partuyto another.
In a quiclk perusal of cases relating to Florida entitiexsince 2000, transferring domain name ownership has occurred nearly 74 percenf of the time. But winninh that transfer takes more than simply sayinb thename doesn't belong to the registrant. According to ICANN'ws Rules for Uniform Domain Name Dispute a complaining party has to prov e that the domain name is identicak or confusingly similar to a trademarkthey own, that the current owner of the domaijn name has no rights or legitimate interest to the domainm name, and that the domain name was registerefd and is being used in bad faith.
Fanningb says she isn't an but Clough never intended to use the domainj name toconfuse anyone, and sinces he bought it long before the current disput between the area's two major dailies, he's not a cyber-piratr or a cyber-squatter. "We obviously don't want to be misleadinfg to anyone, but everyone in the whole Internet worled tries to figure out how to increase traffic to their site and pay big bucks to do Fanning said. While it's yet to be seen how many more eyes will see gVistq thanks to the domain name one thing that does seem clear is the unlikelihoox of a bidding war betweenh the two dailies for ownership ofthe name.
"We're not pursuiny that name," said Andrew Corty, VP of , whicn publishes the St. Petersburg Times. "We have no particular interesrtin it. It was surprising to us that it was even but we've just decided to pass on it."
"I didn't even know the Tribun e had that name," Clough said. "I likecd the ring of it, frankly, because you had two The online magazine nevertook off, and Clough would refocux his work instead on He maintained ownership of the domain name over the however, and it wasn't untipl he started working with Blaire Fanning, owne r of in Tampa, that he realized the full potential of the name and how it coulcd possibly promote products with his new company, . "Thi s is a small little company whicn has one little window of opportunitgy to tie in abigger name," Fanningt said.
"The domain name for isn't necessarilh a sales tool for him becausehis TelVac, is a global interesrt not a geographic target. But what is of interest is that he just happenxs to own thisdomain name, and that is I think." Fanning said she talked with Cloughj about what to do with the domain and she even contacted both the Tribune and the Timezs to see if they mighty be interested in bidding for it. At the same however, she said she worried about pullin Clough into thetwo conflict. "The big names have all the all the power to fight thelittled guy," Fanning said.
In the end, however, Cloug h decided to simply have the domain name redirectto gVista's Web And so far, there have been no challenges from the newspapers. Clougj and Fanning probably won't hear from them either, said Andy a shareholder at Carlton Fields who practicesw primarily in intellectual property lawand "I don't know who of the Tampaw Tribune or the St. Petersburg Times woulfd have a claimto it," Greenberg said.
"Whoever has a claim to Tampq Times might havea claim" througgh a dispute resolution service, but it's Since 2000, disputes arising from ownership of domain names have fallen under the jurisdictionj of the , or ICANN, a California-based nonprofir charged with the responsibility of assigning domainh names on the Internet. Instead of forcintg disputes into court, ICANN now mandates finall decisions to come from the NationaloArbitration Forum. In many cases, the NAF is asked simplt to transfer ownership of a domain name from one partuyto another.
In a quiclk perusal of cases relating to Florida entitiexsince 2000, transferring domain name ownership has occurred nearly 74 percenf of the time. But winninh that transfer takes more than simply sayinb thename doesn't belong to the registrant. According to ICANN'ws Rules for Uniform Domain Name Dispute a complaining party has to prov e that the domain name is identicak or confusingly similar to a trademarkthey own, that the current owner of the domaijn name has no rights or legitimate interest to the domainm name, and that the domain name was registerefd and is being used in bad faith.
Fanningb says she isn't an but Clough never intended to use the domainj name toconfuse anyone, and sinces he bought it long before the current disput between the area's two major dailies, he's not a cyber-piratr or a cyber-squatter. "We obviously don't want to be misleadinfg to anyone, but everyone in the whole Internet worled tries to figure out how to increase traffic to their site and pay big bucks to do Fanning said. While it's yet to be seen how many more eyes will see gVistq thanks to the domain name one thing that does seem clear is the unlikelihoox of a bidding war betweenh the two dailies for ownership ofthe name.
"We're not pursuiny that name," said Andrew Corty, VP of , whicn publishes the St. Petersburg Times. "We have no particular interesrtin it. It was surprising to us that it was even but we've just decided to pass on it."
Wednesday, September 22, 2010
LendingTree expands product offering - Business First of Columbus:
tenganmodooo1324.blogspot.com
According to the company, its customer-retentiohn technology identifies customers byloan amount, loan-to-valur ratio, loan purpose and FICO scores. “With refinancinfg activity from borrowers representing a significant portion of overallkorigination volume, our lender network has expressecd a desire to capture and retainh current mortgage customers,” says Bob president of the LendingTree Exchange. “Aes part of the LendingTree network, bankse and lenders that use ournew customer-retention initiative will be able to significantlt impact the ratio of overall mortgage portfolio just as effectively as they can attractr new borrowers.
” LendingTree is owned by Charlotte-basede (NASDAQ:TREE), an online lending and real estate Tree.com’s principle businesses are LendingTree, which matches potentialk mortgage borrowers to lenders, and RealEstate.com, which works with individuals seeking home s and real estate agents. LendingTree says it has facilitated more than 25 million requestx for loans onlineand $185 billion in closed loan
According to the company, its customer-retentiohn technology identifies customers byloan amount, loan-to-valur ratio, loan purpose and FICO scores. “With refinancinfg activity from borrowers representing a significant portion of overallkorigination volume, our lender network has expressecd a desire to capture and retainh current mortgage customers,” says Bob president of the LendingTree Exchange. “Aes part of the LendingTree network, bankse and lenders that use ournew customer-retention initiative will be able to significantlt impact the ratio of overall mortgage portfolio just as effectively as they can attractr new borrowers.
” LendingTree is owned by Charlotte-basede (NASDAQ:TREE), an online lending and real estate Tree.com’s principle businesses are LendingTree, which matches potentialk mortgage borrowers to lenders, and RealEstate.com, which works with individuals seeking home s and real estate agents. LendingTree says it has facilitated more than 25 million requestx for loans onlineand $185 billion in closed loan
Tuesday, September 21, 2010
C&D Technologies loses $10M in quarter - Philadelphia Business Journal:
http://smart-tricks.com/smart-depression/how-to-beat-depression.html
million, or 37 cents per fully dilutede share, in its fiscal 2010 firstf quarter, which ended April 30. The Blue Bell, Pa., maker of power storage and conversion systemslost $124,000, which amounted to breakingh even on a per-share in the same quarted a year earlier. C&D (NYSE:CHP) said its revenued was $73.7 million, down from $93.8 million. C&D pointex out that its performance improvexd on asequential basis, as it lost $14.4 or 55 cents per full y diluted share, in the fourth quarter of its 2009 fisca l year. Its revenue, declined sequentially. It was $85.t5 million in the fourth quarter.
First-quarter resulta included $798,000 of noncash interest expenseand $1 million in noncasjh tax charges. C&D said the resultes were consistent with its and its sales increased in each month ofthe , when the New York Stock Exchange lowerec the market capitalization a company must maintain in order to keep its stock listed to $50 million from $75 C&D appeared to be in danger of fallin g under the new threshold, as the exchanged uses a company’s average marketg capitalization over the past 30 days to determins compliance and C&D’s capitalizatiojn at recent prices was below $50 million. The company’s stockj rallied Thursday, however, to $1.
90 from and closed up 8 percentat $2.054 Friday. C&D has 26.3 million shares outstanding, according to Yahoo! Finance.
million, or 37 cents per fully dilutede share, in its fiscal 2010 firstf quarter, which ended April 30. The Blue Bell, Pa., maker of power storage and conversion systemslost $124,000, which amounted to breakingh even on a per-share in the same quarted a year earlier. C&D (NYSE:CHP) said its revenued was $73.7 million, down from $93.8 million. C&D pointex out that its performance improvexd on asequential basis, as it lost $14.4 or 55 cents per full y diluted share, in the fourth quarter of its 2009 fisca l year. Its revenue, declined sequentially. It was $85.t5 million in the fourth quarter.
First-quarter resulta included $798,000 of noncash interest expenseand $1 million in noncasjh tax charges. C&D said the resultes were consistent with its and its sales increased in each month ofthe , when the New York Stock Exchange lowerec the market capitalization a company must maintain in order to keep its stock listed to $50 million from $75 C&D appeared to be in danger of fallin g under the new threshold, as the exchanged uses a company’s average marketg capitalization over the past 30 days to determins compliance and C&D’s capitalizatiojn at recent prices was below $50 million. The company’s stockj rallied Thursday, however, to $1.
90 from and closed up 8 percentat $2.054 Friday. C&D has 26.3 million shares outstanding, according to Yahoo! Finance.
Sunday, September 19, 2010
Jacksonville banks backing away from bailout money - Jacksonville Business Journal:
http://www.oneiroidpsychosis.com/htm/livedates.htm
Recent changes to the Treasury’s bank capital program and intense regulation by the government of the larger bankss in the bailout have sent some of the smallerdbanks running, with many baffled abou t whether they want the money from the Troubled Assets Relief Program with all the strings attached. “TARPP is a double-edged sword in that all banke would like to add some new capital to strengthen theier balance sheets and provide a buffer for possible further deterioration in loan saidMac Holley, president and CEO of . “In I think there is greatf concern over having the government own part of a Asof Feb.
22, 466 banks have been approver to participate in the CapitalPurchase Program, but fewer than 90 are privatee banks or private holding companies, according to data from . The participatingh banks represent about only 5 percent ofthe nation’sx institutions. Among the list of participants onthe U.S. Department of the Treasury’s Web 10 are based in Florida and only one is inNortheasgt Florida, which is a holding company basefd in Fernandina Beach, Many bankers have long been concerned abou t the strings that would appear after the government became a shareholder in thosw banks that were approved.
Some of the private bankers who applied for the TARP fundinhg months ago said they have yet to hear back from the Inthe meantime, tighter requirements started to come out over the past two including executive compensation limits and monthlt updates to the Treasury about how the fundes are used. Most recently, the Treasury opene a new program calledd the Capital Assistance Progranm to draw up more private capitaland lending, but bankers have continued to step further back from the programsa and new loans.
“In that Holley said, “the government obviously begins to significantly influence how banks are being run and just seeinbg what they are doing to the big banksd is very scary to most bank management Not just thecompensation limits, but being able to influenc e or dictate how banks use the capital can be In a letter from TARP’w special inspector general dated Feb. 6, participatingv banks were required to submit within 30 days a detailed analysiw of how the TARP funds have been and will be used and how thosew plans tie intoexecutive compensation. The FDIC made similad demands in January. On Feb.
25, the Treasury and regulators rolled out the CapitalAssistance Program, which would allow an approved bank to convert its securedd shares owned by the government into commo equity only as needed and after it can’yt get it from the privat e market. Banks in the old capital prograkm under the TARP could exchange their senior preferred shares with the Treasury into thesee mandatory common equity shares under the FinancialStabilityh Plan. The new program was announcecd in addition to several othersa within the new plan that is meant to help bank capitapland lending.
“The concept is the same except therw are more requirements on banks withthe [Capital Assistance than the [Capital Purchase said Keith Perry, executive vice president of . CenterBank has not decidex whether itwill apply. “It’s inexpensive but it’s not like dealingv with a contract where both parties know what they canand can’ do, he said. With the government’s capital programs, “yoju don’t know what the deal is goingh to endup being.” Term s and conditions of the program were release d Feb. 25. The Treasury rules included that big banks with morethan $100 billiohn in assets have to participate and can access the capital immediately.
The institutions with assets lessthan $100 billiob have the option to participate. “The privat banks have nowhere near the magnitude of problems the largetrbanks have,” said Mike Killingsworth, CEO of . The private banks need the capital just asmuch though, he and because the private ones are in a differentt situation, the funds could be put back into the economuy more quickly. But that all dependd on when the private banks that have been approver actually receivethe capital. Even in the original capitapl program, many of the smaller banksz that applied or were approvedc said they have heardvery little, if from the regulators or the Treasury yet.
It will take five to six months before the banks start seeing help from thesrestimulus programs, Holley said.
Recent changes to the Treasury’s bank capital program and intense regulation by the government of the larger bankss in the bailout have sent some of the smallerdbanks running, with many baffled abou t whether they want the money from the Troubled Assets Relief Program with all the strings attached. “TARPP is a double-edged sword in that all banke would like to add some new capital to strengthen theier balance sheets and provide a buffer for possible further deterioration in loan saidMac Holley, president and CEO of . “In I think there is greatf concern over having the government own part of a Asof Feb.
22, 466 banks have been approver to participate in the CapitalPurchase Program, but fewer than 90 are privatee banks or private holding companies, according to data from . The participatingh banks represent about only 5 percent ofthe nation’sx institutions. Among the list of participants onthe U.S. Department of the Treasury’s Web 10 are based in Florida and only one is inNortheasgt Florida, which is a holding company basefd in Fernandina Beach, Many bankers have long been concerned abou t the strings that would appear after the government became a shareholder in thosw banks that were approved.
Some of the private bankers who applied for the TARP fundinhg months ago said they have yet to hear back from the Inthe meantime, tighter requirements started to come out over the past two including executive compensation limits and monthlt updates to the Treasury about how the fundes are used. Most recently, the Treasury opene a new program calledd the Capital Assistance Progranm to draw up more private capitaland lending, but bankers have continued to step further back from the programsa and new loans.
“In that Holley said, “the government obviously begins to significantly influence how banks are being run and just seeinbg what they are doing to the big banksd is very scary to most bank management Not just thecompensation limits, but being able to influenc e or dictate how banks use the capital can be In a letter from TARP’w special inspector general dated Feb. 6, participatingv banks were required to submit within 30 days a detailed analysiw of how the TARP funds have been and will be used and how thosew plans tie intoexecutive compensation. The FDIC made similad demands in January. On Feb.
25, the Treasury and regulators rolled out the CapitalAssistance Program, which would allow an approved bank to convert its securedd shares owned by the government into commo equity only as needed and after it can’yt get it from the privat e market. Banks in the old capital prograkm under the TARP could exchange their senior preferred shares with the Treasury into thesee mandatory common equity shares under the FinancialStabilityh Plan. The new program was announcecd in addition to several othersa within the new plan that is meant to help bank capitapland lending.
“The concept is the same except therw are more requirements on banks withthe [Capital Assistance than the [Capital Purchase said Keith Perry, executive vice president of . CenterBank has not decidex whether itwill apply. “It’s inexpensive but it’s not like dealingv with a contract where both parties know what they canand can’ do, he said. With the government’s capital programs, “yoju don’t know what the deal is goingh to endup being.” Term s and conditions of the program were release d Feb. 25. The Treasury rules included that big banks with morethan $100 billiohn in assets have to participate and can access the capital immediately.
The institutions with assets lessthan $100 billiob have the option to participate. “The privat banks have nowhere near the magnitude of problems the largetrbanks have,” said Mike Killingsworth, CEO of . The private banks need the capital just asmuch though, he and because the private ones are in a differentt situation, the funds could be put back into the economuy more quickly. But that all dependd on when the private banks that have been approver actually receivethe capital. Even in the original capitapl program, many of the smaller banksz that applied or were approvedc said they have heardvery little, if from the regulators or the Treasury yet.
It will take five to six months before the banks start seeing help from thesrestimulus programs, Holley said.
Saturday, September 18, 2010
State Farm wants out of Florida - South Florida Business Journal:
otomaqaqaba.blogspot.com
It's a decision that doesn't come as much of a surprisre tostate regulators, who said Tuesday they have been hearing about the company's plan for several Florida’s largest private property insuretr blames its decision on its inability to obtainm state approval for rate increases. “Faced with steeply declining resourceds to cover future claimsand expenses, Statde Farm Florida has little choice,” said Jim Thompson, the insurer’sa president, in a press release. The request, which requires regulatory review, would eliminate coverage for homeowners, condo-unit owners, personal boats, personal articles, and business propertty and liability policies.
It will not affect residents’ ability to obtain car, life or health or other financial servicexs thecompany provides. The companyu said it has submitteda two-yearf plan to the state that will give customers time to find othedr coverage. State Farm Florida said it will not be able to take actionm until it receivesstate approval. "Wr will carefully review State Farm's intended pland to ensure that they are in compliance withFlorida law; and we will explorwe all legal options as well," Florida Insurance Commissioner Kevin McCarty said in a The state has 90 days to revie w the plan. If approved, State Farm wouldc need to give customers180 days' notice.
“This is not an actiohn we wantedto take, but one we must take, givenj the realities of the Florida property insurance market,” Thompsoh said. “We regret the impacty this will have onour customers, employees and agent in Florida.” State Farm Florida, which services about 1.2 milliohn residential and property insurance policies, acknowledged that, even withouyt a hurricane in several years, its operating costs have while state-mandated discounts have cut into its It said that, during the first three quarterd of last year, State Farm Florida saw its surpluws reduced by $201 The National Association of Insurance and Financial Advisorsx said State Farm's decision was predictable.
"The companies that largelgy rebuilt this state after thedevastatinh 2004-2005 hurricane seasons have largely been reduced to political punching bags,” the organization's spokesman said in a In July, State Farm Florid a filed for an overall statewide homeowners insurance rate increasre of 47.1 percent, which was rejected by the on Jan. 12. issuefd a statement calling StateFarm Florida's decision "extremely disappointing but understandable.
" "This should serve as a wake-up call that conditionas in Florida’s property insurance market are unsustainablee and we are financially unprepared for a major hurricane," Chamber Presidengt and CEO Mark Wilson said in a presd release. "It is critical that Floridza look at making improvements to restore the healtb of our property insurance markeyt and reduce our overrelianceon state-run insurancs companies to provide affordable hurricane insurance by charging less than actuariall y sound rates.
" Apartment Policy 2,631 Boatowners Policy 57,982 Businesd Policy 30,855 Church Policy 1,989 Commercial Inlandr Marine 2,661 Commercial Liability Umbrell Policy 3,749 Condominium Unit Owners 79,833 Contractors Policu 3,767 Homeowners 703,357 Manufactured Home 14,532 Personal Articles Policy (Personal Inlanr Marine) 97,719 Personal Liability Umbrellz Policy 93,874 Premises/Personal Liability Policy 5,890 Rentaol Condominium Unit Owners Policy 6,110 Rental Dwelling Policy 64,90 Renters 61,774
It's a decision that doesn't come as much of a surprisre tostate regulators, who said Tuesday they have been hearing about the company's plan for several Florida’s largest private property insuretr blames its decision on its inability to obtainm state approval for rate increases. “Faced with steeply declining resourceds to cover future claimsand expenses, Statde Farm Florida has little choice,” said Jim Thompson, the insurer’sa president, in a press release. The request, which requires regulatory review, would eliminate coverage for homeowners, condo-unit owners, personal boats, personal articles, and business propertty and liability policies.
It will not affect residents’ ability to obtain car, life or health or other financial servicexs thecompany provides. The companyu said it has submitteda two-yearf plan to the state that will give customers time to find othedr coverage. State Farm Florida said it will not be able to take actionm until it receivesstate approval. "Wr will carefully review State Farm's intended pland to ensure that they are in compliance withFlorida law; and we will explorwe all legal options as well," Florida Insurance Commissioner Kevin McCarty said in a The state has 90 days to revie w the plan. If approved, State Farm wouldc need to give customers180 days' notice.
“This is not an actiohn we wantedto take, but one we must take, givenj the realities of the Florida property insurance market,” Thompsoh said. “We regret the impacty this will have onour customers, employees and agent in Florida.” State Farm Florida, which services about 1.2 milliohn residential and property insurance policies, acknowledged that, even withouyt a hurricane in several years, its operating costs have while state-mandated discounts have cut into its It said that, during the first three quarterd of last year, State Farm Florida saw its surpluws reduced by $201 The National Association of Insurance and Financial Advisorsx said State Farm's decision was predictable.
"The companies that largelgy rebuilt this state after thedevastatinh 2004-2005 hurricane seasons have largely been reduced to political punching bags,” the organization's spokesman said in a In July, State Farm Florid a filed for an overall statewide homeowners insurance rate increasre of 47.1 percent, which was rejected by the on Jan. 12. issuefd a statement calling StateFarm Florida's decision "extremely disappointing but understandable.
" "This should serve as a wake-up call that conditionas in Florida’s property insurance market are unsustainablee and we are financially unprepared for a major hurricane," Chamber Presidengt and CEO Mark Wilson said in a presd release. "It is critical that Floridza look at making improvements to restore the healtb of our property insurance markeyt and reduce our overrelianceon state-run insurancs companies to provide affordable hurricane insurance by charging less than actuariall y sound rates.
" Apartment Policy 2,631 Boatowners Policy 57,982 Businesd Policy 30,855 Church Policy 1,989 Commercial Inlandr Marine 2,661 Commercial Liability Umbrell Policy 3,749 Condominium Unit Owners 79,833 Contractors Policu 3,767 Homeowners 703,357 Manufactured Home 14,532 Personal Articles Policy (Personal Inlanr Marine) 97,719 Personal Liability Umbrellz Policy 93,874 Premises/Personal Liability Policy 5,890 Rentaol Condominium Unit Owners Policy 6,110 Rental Dwelling Policy 64,90 Renters 61,774
Thursday, September 16, 2010
Moneta's Schick establishes University of Missouri-St. Louis professorship - Pittsburgh Business Times:
bentlyoupapa1810.blogspot.com
Alumnus Peter Schick, chairman of the , has pledge $1.7 million to establish an endowed professorship in financre in the College of Business The endowment will be known as thePetert G. Schick Professorship in Financdeat UMSL. The professorship, whicb will be the first endowed positio n forthe college's finance will be filled through a national Moneta Group is a financiaol advisory company based in Mo. Also on Wednesday, UMSL established a new partnershipp with the to create the Center for Excellencse in Financial Counselingat UMSL. The FCE is a nonprofit dedicatede to improving thefinancial well-beingv of consumers through the professional development of financiakl counselors.
Assorted assets of the foundation totalingaboutt $3.25 million will be donated to The Center for Excellence in Financial Counseling will be locaterd on UMSL's South Campus. It is expected to open in
Alumnus Peter Schick, chairman of the , has pledge $1.7 million to establish an endowed professorship in financre in the College of Business The endowment will be known as thePetert G. Schick Professorship in Financdeat UMSL. The professorship, whicb will be the first endowed positio n forthe college's finance will be filled through a national Moneta Group is a financiaol advisory company based in Mo. Also on Wednesday, UMSL established a new partnershipp with the to create the Center for Excellencse in Financial Counselingat UMSL. The FCE is a nonprofit dedicatede to improving thefinancial well-beingv of consumers through the professional development of financiakl counselors.
Assorted assets of the foundation totalingaboutt $3.25 million will be donated to The Center for Excellence in Financial Counseling will be locaterd on UMSL's South Campus. It is expected to open in
Wednesday, September 15, 2010
Ines Sainz Clothing to Blame for Jets' Conduct? - CBS News
Air Purifiers - Efficient Cleansing of Home Environments
CBS News | Ines Sainz Clothing to Blame for Jets' Conduct? CBS News Erica Hill spoke with sports columnist Tara Sullivan and Daily Beast reporter Lauren Streib about the debate over the conduct of the New York Jets towards a ... Ines Sainz Clothing to Blame for Jets' Conduct? Breaking: Professional athletes behave inappropriately toward attractive woman ... |
Tuesday, September 14, 2010
Afternoon Fix: Mitch McConnell says Republicans oppose Obama's tax plan; Harry ... - Washington Post (blog)
houghtalingbaemo1268.blogspot.com
Afternoon Fix: Mitch McConnell says Republicans oppose Obama's tax plan; Harry ... Washington Post (blog) Make sure to sign up to get "Afternoon Fix" in your e-mail inbox every day by 5 (ish) pm! * A spokesperson for Senate Minority Leader Mitch McConnell said ... |
Sunday, September 12, 2010
Seeing green from pesto: Anna Marie Mele takes dreams to next level - Kansas City Business Journal:
moakhamet84.blogspot.com
Anna Marie Mele thinks so, and she believea she is on the verge of taking her fledgling company to a muchwider marketplace. Here nine different flavors of pest o are available under the Pesto Diva label at the Winter Park Farmeras Market and Whole Foods locations inWinter Dr. Phillips and Soon, she hopes to gain shelv space for Pesto Diva productsin Chamberlin’a and Harmoni Markets. She has been in talkxs with both chains about stockingher products. Until more markets and gourmet food stores sellher products, the revenure from Pesto Diva isn’t enough to pay Mele’s and her company’x bills.
Last year, her company earned $202,000, and she believes she is on tracko to make that amount agaihthis year. To supplement her Pesto Diva income, Mele works nightes as a server at Wolfgang PuckGranf Café in Downtown Disney. “I don’t mind working in the restauranfat all, but it’w time to move forward,” said Mele. Mele is also in the processx of acquiring her own kitchen space and shipping her producte through a Whole Foodxsdistribution center. For now, she makes nine differentt flavors of pesto in rented kitchen spaceusing hand-selected, pesticide-free ingredienta and personally delivers them to the three Whole Foodw locations.
Her two most popular flavors are pistachio andartichoks cashew, she said, but her personal favorite is the portabellq hazelnut, which has “one of the most interestintg flavors.” In addition to stocking the shelvese at Whole Foods, she also stageds product demonstrations in the three stores. When not hawkint her goods there, she can be found Saturdays at the Wintee ParkFarmers Market, where she has sold her pestos for more than 12 The break to take her busines s beyond the farmers market came in January when a Whole Foodas representative who was interested in offerinh her products at area stores approachexd her.
After a specialty departmenft buyer sampledthe pesto, Mele had a deal with Wholre Foods. The eight-ounce containers sell for $9. Besides usin g fresh, high-quality ingredients, Mele said makinf her products in small batches is key to theitdelicious flavor. Each batch yieldse just four eight-ounce containers of Mele, who describes her cooking as eclectix and isa self-taught cook, enjoyzs working in the “It gives me a lot of joy to cook for peoplr — it’s very gratifying,” said
Anna Marie Mele thinks so, and she believea she is on the verge of taking her fledgling company to a muchwider marketplace. Here nine different flavors of pest o are available under the Pesto Diva label at the Winter Park Farmeras Market and Whole Foods locations inWinter Dr. Phillips and Soon, she hopes to gain shelv space for Pesto Diva productsin Chamberlin’a and Harmoni Markets. She has been in talkxs with both chains about stockingher products. Until more markets and gourmet food stores sellher products, the revenure from Pesto Diva isn’t enough to pay Mele’s and her company’x bills.
Last year, her company earned $202,000, and she believes she is on tracko to make that amount agaihthis year. To supplement her Pesto Diva income, Mele works nightes as a server at Wolfgang PuckGranf Café in Downtown Disney. “I don’t mind working in the restauranfat all, but it’w time to move forward,” said Mele. Mele is also in the processx of acquiring her own kitchen space and shipping her producte through a Whole Foodxsdistribution center. For now, she makes nine differentt flavors of pesto in rented kitchen spaceusing hand-selected, pesticide-free ingredienta and personally delivers them to the three Whole Foodw locations.
Her two most popular flavors are pistachio andartichoks cashew, she said, but her personal favorite is the portabellq hazelnut, which has “one of the most interestintg flavors.” In addition to stocking the shelvese at Whole Foods, she also stageds product demonstrations in the three stores. When not hawkint her goods there, she can be found Saturdays at the Wintee ParkFarmers Market, where she has sold her pestos for more than 12 The break to take her busines s beyond the farmers market came in January when a Whole Foodas representative who was interested in offerinh her products at area stores approachexd her.
After a specialty departmenft buyer sampledthe pesto, Mele had a deal with Wholre Foods. The eight-ounce containers sell for $9. Besides usin g fresh, high-quality ingredients, Mele said makinf her products in small batches is key to theitdelicious flavor. Each batch yieldse just four eight-ounce containers of Mele, who describes her cooking as eclectix and isa self-taught cook, enjoyzs working in the “It gives me a lot of joy to cook for peoplr — it’s very gratifying,” said
Saturday, September 11, 2010
Royal Air Force jets collision just missed - Sunday Sun
http://www.wwdiary.com/index.php?s=D&c=224
Royal Air Force jets collision just missed Sunday Sun An official report complied by the UK Airprox Board (UKAB), set up to improve flight safety, said the near-miss was categorised as a B-Class incident â€" one ... |
Thursday, September 9, 2010
Fire officials assess damage from Detroit blazes - The Associated Press
http://www.scrhi.com/index.php?s=D&c=489
Boston Globe | Fire officials assess damage from Detroit blazes The Associated Press DETROIT â€" Fire officials in Detroit are trying to determine the extent of damage caused by a series of blazes that swept across the city. ... Detroit gets rare assist from suburbs for fires Questions raised about Detroit's response to fires Investigation Into Detroit Fires Continues |
Wednesday, September 8, 2010
It's official: 15 General Motors dealers in Colorado to lose franchises - Dallas Business Journal:
http://www.allcityhost.com/index.php?s=D&c=489
It was the first definitive statement of exactlhy how many GM dealers in the state were informefd thay will lose their franchise agreementsin 2010. The Coloradk Automobile Dealers Association previously had estimated the numberr at 13 to 15 based on reportesfrom dealers. GM still is not releasing the namews ofthe 1,323 dealers it plans to drop including the 15 in Colorado. The information came in a list releaseed by the House Energy andCommerce Committee'xs Subcommittee on Oversight and Investigations, basex on information provided by GM.
Executives of GM and Chrysler, whichy plans to shed 14 Colorado dealers, testifier before Congress about their dealerplans GM's car lines include Chevrolet, Pontiac, Buick, GMC, Saab, Saturn and Hummer. It has some 6,000 dealerships nationwide. Letters sent in mid-May to GM dealerss the company plannedto drop, a copy of whichy was obtained by the Denver Businesx Journal, said the automaker reviewed each of its sales volume, profitability, capitalization, location and facilitiexs along with other "market patterns." .
"Based on our reviewe and current and foreseeable market conditions andyour dealership's historical performance, we do not see that GM can have a productive business relationship with [name of dealership] over the long said the letter, dated May 14. Abougt 92 of Colorado's 264 auto dealershipz sell one or moreGM lines, said Tim Jacksonj of the state auto dealersz group. Additional dealers may lose theifranchises later, GM has
It was the first definitive statement of exactlhy how many GM dealers in the state were informefd thay will lose their franchise agreementsin 2010. The Coloradk Automobile Dealers Association previously had estimated the numberr at 13 to 15 based on reportesfrom dealers. GM still is not releasing the namews ofthe 1,323 dealers it plans to drop including the 15 in Colorado. The information came in a list releaseed by the House Energy andCommerce Committee'xs Subcommittee on Oversight and Investigations, basex on information provided by GM.
Executives of GM and Chrysler, whichy plans to shed 14 Colorado dealers, testifier before Congress about their dealerplans GM's car lines include Chevrolet, Pontiac, Buick, GMC, Saab, Saturn and Hummer. It has some 6,000 dealerships nationwide. Letters sent in mid-May to GM dealerss the company plannedto drop, a copy of whichy was obtained by the Denver Businesx Journal, said the automaker reviewed each of its sales volume, profitability, capitalization, location and facilitiexs along with other "market patterns." .
"Based on our reviewe and current and foreseeable market conditions andyour dealership's historical performance, we do not see that GM can have a productive business relationship with [name of dealership] over the long said the letter, dated May 14. Abougt 92 of Colorado's 264 auto dealershipz sell one or moreGM lines, said Tim Jacksonj of the state auto dealersz group. Additional dealers may lose theifranchises later, GM has
Monday, September 6, 2010
Zicam maker pulls products, but affirms safety - Boston Business Journal:
http://www.b-and-w.ru/authors.html
The FDA said it received more than 130 complaintes from consumers saying they have lost their sens of smell after usingthe products. Jennifed Warren, a former school teacher who livesin Ala., said she lost her sense of smellk after using Zicam to prevent the duratiomn of a cold a few years ago, but had never complainesd to the FDA or the companyt because she figured there was no way to prove Zicamn caused her anosmia. She said she doesn’t want to sue Scottsdale-basesd Matrixx (Nasdaq:MTXX) even after learning othersz have had thesame “I don’t think Zicam was created to hurt she said.
“We sit here and we rip and we rave abouf all these drugs not being allowed onthe market. The firsr time anything goes wrong, everybody wants to go sue, sue, sue. That drivese me nuts. I honestly believe the people were tryinyg to do something to help peopl e notget sick.” William Hemelt, acting president and chief operating officer of Matrixx, said the FDA actio was taken without reviewing research he would have been more than williny to provide. “We think the sciencew does not support this allegatiojat all,” he “Quite honestly, we would not be selling the producgt if we thought it was unsafe.
” Zicamn products use a homeopathic remedy calleed Zincum Gluconicum 2x, which means they requiree FDA approval. Dr. Sam Benjamin, a medical doctord with a homeopathic license, said he can’rt figure out why the FDA has taken so long to deal withthe issue. “I can think of no part of alternativd medicine that summons up more worry to conventionalo physiciansthan homeopathy,” said who has a medical talk show on KTAR 92.3 FM on Saturdaysw at 2 p.m. and 1,000 followerse on Twitter. “There are so many drugxs around thatcause problems, why would one event want to expos e people to any Brett Berty, a senior recallp strategist at Stericycle Inc. in Lake Ill.
, is coming to Phoenix this week to meet with Matrixxs officials to see if he can help the company withdamages control. Usually, he said, companies will voluntarily recallp a product before the FDAgets That’s not how it happened with The FDA stepped in and warned Matrixx that it had received more than 130 consumed complaints and that the companyu needed to stop marketinyg the product until it can put a warning label on its packaging that it could cause anosmia. Over the past 10 years, Berty has workedr with manufacturers to conductabouft 1,300 recalls, including Vioxx.
“Typically, hopefully, the manufacturef will work with me prior to approachin theregulatory agency,” he “The most important thing for Matrixx is you can turn a seemingly awful situation into an opportunitu if you’re judged by the public as beingf part of the solution. How swiftlyy do they execute that will demonstratee their concern forthe public’s safety.” When the FDA sent the warninf letter to Matrixx and advisec consumers not to use certain Zicam cold remedies, on June 16, Matrixx’ds stock plummeted 70 percent to $5.78 a It bounced up a bit to $6.
13 a day but nowhere near its 52-week high of near its trading point before the FDA sent the warning For the fiscal year endefd March 31, Matrixx reported $13.8 millionh in net income on $112 million in net up from $10.4 million in net incoms on $101 million in net sale a year ago. Hemelt said he will be meetingg with FDA regulators to discuss the He also scheduled a conference callwith investors.
The FDA said it received more than 130 complaintes from consumers saying they have lost their sens of smell after usingthe products. Jennifed Warren, a former school teacher who livesin Ala., said she lost her sense of smellk after using Zicam to prevent the duratiomn of a cold a few years ago, but had never complainesd to the FDA or the companyt because she figured there was no way to prove Zicamn caused her anosmia. She said she doesn’t want to sue Scottsdale-basesd Matrixx (Nasdaq:MTXX) even after learning othersz have had thesame “I don’t think Zicam was created to hurt she said.
“We sit here and we rip and we rave abouf all these drugs not being allowed onthe market. The firsr time anything goes wrong, everybody wants to go sue, sue, sue. That drivese me nuts. I honestly believe the people were tryinyg to do something to help peopl e notget sick.” William Hemelt, acting president and chief operating officer of Matrixx, said the FDA actio was taken without reviewing research he would have been more than williny to provide. “We think the sciencew does not support this allegatiojat all,” he “Quite honestly, we would not be selling the producgt if we thought it was unsafe.
” Zicamn products use a homeopathic remedy calleed Zincum Gluconicum 2x, which means they requiree FDA approval. Dr. Sam Benjamin, a medical doctord with a homeopathic license, said he can’rt figure out why the FDA has taken so long to deal withthe issue. “I can think of no part of alternativd medicine that summons up more worry to conventionalo physiciansthan homeopathy,” said who has a medical talk show on KTAR 92.3 FM on Saturdaysw at 2 p.m. and 1,000 followerse on Twitter. “There are so many drugxs around thatcause problems, why would one event want to expos e people to any Brett Berty, a senior recallp strategist at Stericycle Inc. in Lake Ill.
, is coming to Phoenix this week to meet with Matrixxs officials to see if he can help the company withdamages control. Usually, he said, companies will voluntarily recallp a product before the FDAgets That’s not how it happened with The FDA stepped in and warned Matrixx that it had received more than 130 consumed complaints and that the companyu needed to stop marketinyg the product until it can put a warning label on its packaging that it could cause anosmia. Over the past 10 years, Berty has workedr with manufacturers to conductabouft 1,300 recalls, including Vioxx.
“Typically, hopefully, the manufacturef will work with me prior to approachin theregulatory agency,” he “The most important thing for Matrixx is you can turn a seemingly awful situation into an opportunitu if you’re judged by the public as beingf part of the solution. How swiftlyy do they execute that will demonstratee their concern forthe public’s safety.” When the FDA sent the warninf letter to Matrixx and advisec consumers not to use certain Zicam cold remedies, on June 16, Matrixx’ds stock plummeted 70 percent to $5.78 a It bounced up a bit to $6.
13 a day but nowhere near its 52-week high of near its trading point before the FDA sent the warning For the fiscal year endefd March 31, Matrixx reported $13.8 millionh in net income on $112 million in net up from $10.4 million in net incoms on $101 million in net sale a year ago. Hemelt said he will be meetingg with FDA regulators to discuss the He also scheduled a conference callwith investors.
Sunday, September 5, 2010
Human Capital: People on the move, May 28 - San Francisco Business Times:
http://wild-zone.net/links.html
Achbar named executive director of The and Culturwe The New Center for Arts and Culturs in Boston appointed Francine Achbar executive Prior tothis appointment, Achbar served as the organization’s acting directod from June 2005 through January 2007, followinhg the resignation of founding director Shoshanz Pakciarz , and has been serving as the institution’s deputty director since June 2008. Charles appointed sr.
VP of PUMA Nortj America , based in Westford, appointed Curtis Charled senior vice president of NorthAmerican sales, overseeing all sales and sales operationsa activities for both the PUMA and Tretorn Prior to his appointment to Charles was CEO/CMO of Keimistre LLC , where he oversaw the apparel businesa of P.R.P.S and Akademiks. Cannon Design promotes Spelman toVP ; McDonald returns as associate principalk Cannon Design , an architectural, engineering and planning firm with local offices in Boston, promoted Elizabeth Spelmajn to vice president. Spelman is a projecg architect and designer with 14 years of experienced managing projects anddirecting teams.
In other architect Debi McDonald rejoined the firm as an associats principal inthe firm’s Boston office. RF Walsh Project Management adds Hickey as project executivs RF Walsh Project Management in Boston added Paul Hickehy as aproject executive. Hickey, who is a registerede structural engineer and LEED accredited will initially be supportinb the development and advancement ofthe UMass-Bostonb Master Plan .
Achbar named executive director of The and Culturwe The New Center for Arts and Culturs in Boston appointed Francine Achbar executive Prior tothis appointment, Achbar served as the organization’s acting directod from June 2005 through January 2007, followinhg the resignation of founding director Shoshanz Pakciarz , and has been serving as the institution’s deputty director since June 2008. Charles appointed sr.
VP of PUMA Nortj America , based in Westford, appointed Curtis Charled senior vice president of NorthAmerican sales, overseeing all sales and sales operationsa activities for both the PUMA and Tretorn Prior to his appointment to Charles was CEO/CMO of Keimistre LLC , where he oversaw the apparel businesa of P.R.P.S and Akademiks. Cannon Design promotes Spelman toVP ; McDonald returns as associate principalk Cannon Design , an architectural, engineering and planning firm with local offices in Boston, promoted Elizabeth Spelmajn to vice president. Spelman is a projecg architect and designer with 14 years of experienced managing projects anddirecting teams.
In other architect Debi McDonald rejoined the firm as an associats principal inthe firm’s Boston office. RF Walsh Project Management adds Hickey as project executivs RF Walsh Project Management in Boston added Paul Hickehy as aproject executive. Hickey, who is a registerede structural engineer and LEED accredited will initially be supportinb the development and advancement ofthe UMass-Bostonb Master Plan .
Friday, September 3, 2010
STATE v. PANG - Leagle.com
http://repairmaster.bravejournal.com/
STATE v. PANG Leagle.com John Tonaki, Public Defender, and Taryn R. Tomasa, Deputy Public Defender, on the application for petitioner/defendant-appellant. RECKTENWALD, J., for the ... |
Wednesday, September 1, 2010
Switch & Data settles lawsuit with former landlord 625 Milwaukee - Tampa Bay Business Journal:
http://scrapbox.org/specialwkshps/nonpaypalregistration.html
Switch & Data (NASDAQ: SDXC) agreed to pay $850,000 to afteer the Tampa Internet exchangeand co-location service provider was accused of failing to execute a lease in Octobe 2000 for a building in Milwaukee. The landlors filed a suit in the U.S. District Court’as Eastern District of Wisconsin in May 2006 claiminf damages of morethan $4.6 Of those damages, $3.7 million were from rent and associated leasde charges due for the entire 10-year term of the according to documents filed with the .
The landlorsd also sought $800,000 based on a loss it said occurred durinhg the sale ofthe building, plus an additional $200,000 in attorneys’ Through the end of Switch & Data had set aside $100,000, but warnef in its annual financial filing made last March that finap damages could be significantly more based on a settlemenf agreement or verdict. With the reduceds sum, both sides agree to pay theirf own costsand attorneys’ fees in battlin g the suit, and equally pay theire share of mediation, which was handled by Peterf J. Grilli of Tampa at the beginninvof May. Switch & Data lost $1.98 million, or 6 cent s per share, in the most recenrt quarter on revenueof $47.
143 million.
Switch & Data (NASDAQ: SDXC) agreed to pay $850,000 to afteer the Tampa Internet exchangeand co-location service provider was accused of failing to execute a lease in Octobe 2000 for a building in Milwaukee. The landlors filed a suit in the U.S. District Court’as Eastern District of Wisconsin in May 2006 claiminf damages of morethan $4.6 Of those damages, $3.7 million were from rent and associated leasde charges due for the entire 10-year term of the according to documents filed with the .
The landlorsd also sought $800,000 based on a loss it said occurred durinhg the sale ofthe building, plus an additional $200,000 in attorneys’ Through the end of Switch & Data had set aside $100,000, but warnef in its annual financial filing made last March that finap damages could be significantly more based on a settlemenf agreement or verdict. With the reduceds sum, both sides agree to pay theirf own costsand attorneys’ fees in battlin g the suit, and equally pay theire share of mediation, which was handled by Peterf J. Grilli of Tampa at the beginninvof May. Switch & Data lost $1.98 million, or 6 cent s per share, in the most recenrt quarter on revenueof $47.
143 million.
Monday, August 30, 2010
Two pedestrians injured after car jumps Outremont sidewalk - CTV.ca
http://www.log-expo.com/page/3/
Two pedestrians injured after car jumps Outremont sidewalk CTV.ca Catherine at 11:15 am when it collided with two people walking on the north side of the road near Outremont St. The two pedestrians, a 36-year-old man and a ... One victim still critical after Outremont crash Two pedestrians fighting for their lives Car slams into man, woman in Montreal |
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