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.

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)

Market Intellisearch



 »

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

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

MLB.com


Rangers reach the playoffs for first time since 1999

Victoria Advocate



 »

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."

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

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.

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.

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

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

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?

One News Page


Breaking: Professional athletes behave inappropriately toward attractive woman ...

Daily C »

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 ...



and more »

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

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

The State


Questions raised about Detroit's response to fires

The Detroit News


Investigation Into Detroit Fires Continues

WDIV Detroit


The Detroit News -The Associated Press


 »

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

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.

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 .

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:

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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.