deeshu-tatum.blogspot.com
million grant by the to help train graduate studentsin cell-research techniques and to shares their scientific knowledge with local school teachers, CSU said The graduate students at the Fort Collins campus “will test new theories abourt how cells behave using advanced engineerinh methods in microelectronics and electrochemistry,” CSU said in a That NSF-funded work will be led by CSU engineering professod Tom Chen, the grant’s principal investigator, joined by Stuar t Tobet, a biomedical sciences professor in the Collegre of Veterinary Medicine and Biomedicap Sciences, and Michael De Miranda, an engineerintg education professor in the College of Appliexd Human Sciences.
De Miranda will also work with the graduater students on sharing their researchwith K-12 teachere in the Poudre, Thompson Greeley and Weld RE-9 schoolk districts in northeastern Colorado. A goal of the grant is to help build enthusiasm among primary and secondart students for careersin science, engineering and mathematics — the disciplines” — at a time when fewefr young people are entering into such careers, CSU officiale said.
Wednesday, December 29, 2010
Monday, December 27, 2010
Christmas Spirit-What Does It Translate? - Oneindia
designs-finances.blogspot.com
Oneindia | Christmas Spirit-What Does It Translate? Oneindia What does Christmas spirit translate? Though Christmas emerges from Christianity, it is a global festival and is celebrated across the world. ... |
Friday, December 24, 2010
Avon foundation awards $870K to Columbia biotech - San Francisco Business Times:
http://itefforts.com/debt/loan_index-24.php
Leaders of , a firm researching and developinf tests to screen for breast said theNew York-based 's grant, which will be givenb over the next two years, will help expancd the study of a potentially new screening test for breasyt cancer already under way at the , Baltimore. "We are turning the corner from research and developmenrt to a product saidGinette Serrero, CEO of A&G. "W want to get to a phase of having a Serrero said the company plans to use the along with some of itsown cash, on additionapl clinical trials of the diagnostic test. The expanded triakl could involve several cancer centers inthe area. Earlierd this year, the company, whichu employs 18, received $2.
2 million in fundingv from venture capital. Founded in A&G has raised more than $14 milliojn in capital, including investmentas by Boston-based and the . The company also has submitted a diagnosticc test kit for breast cancer to the for Serrero said that although there is no immediatew planfor expansion, the companyg could grow as it brings products to market. By 2005, Avon Foundatiojn had awarded $500 milliomn in grants internationally to programs and efforts including breastcancer awareness. The organization typically fund snonprofit efforts, and its investment in A& is among the few private company grants awarded in the past few years.
Leaders of , a firm researching and developinf tests to screen for breast said theNew York-based 's grant, which will be givenb over the next two years, will help expancd the study of a potentially new screening test for breasyt cancer already under way at the , Baltimore. "We are turning the corner from research and developmenrt to a product saidGinette Serrero, CEO of A&G. "W want to get to a phase of having a Serrero said the company plans to use the along with some of itsown cash, on additionapl clinical trials of the diagnostic test. The expanded triakl could involve several cancer centers inthe area. Earlierd this year, the company, whichu employs 18, received $2.
2 million in fundingv from venture capital. Founded in A&G has raised more than $14 milliojn in capital, including investmentas by Boston-based and the . The company also has submitted a diagnosticc test kit for breast cancer to the for Serrero said that although there is no immediatew planfor expansion, the companyg could grow as it brings products to market. By 2005, Avon Foundatiojn had awarded $500 milliomn in grants internationally to programs and efforts including breastcancer awareness. The organization typically fund snonprofit efforts, and its investment in A& is among the few private company grants awarded in the past few years.
Wednesday, December 22, 2010
Sunday, December 19, 2010
Cancun breathes new life into multilateral climate talks - Gisborne Herald
http://www.bajabettys.com/bajabettys/Addition-of-your-link.html
The Hindu | Cancun breathes new life into multilateral climate talks Gisborne Herald These now become part of the United Nations process â€" unlike the proposed Copenhagen accord a year ago â€" and set in train new developments. ... Global climate talks still need major surgery What Happened (and Why): An Assessment of the Cancun Agreements Still no climate conducive to change |
Friday, December 17, 2010
Call it Great Lakes Health System of WNY - Business First of Buffalo:
vidineevostegity.blogspot.com
Great Lakes Health comprises Kaleidazand ECMC, but also the University at Buffalo and physicianxs throughout the community. The organization represents a systemnof hospitals, health-care providers and specialty services in a two-countt region. “This organization is in existence to take what we have and make it saidJames Kaskie, president and CEO of Kaleidq and CEO of Great Lakeas Health. “Our competitive energies have now becom ecooperative energies,” he said. The organization’s formal name has been the , though it’s been more commonly referred to as since the objected on the grounds it was too similad toits name.
A consolidation betweeh the two groups and involvement by UB was mandatedd in the final report of the Commission on Healty Care Facilities in the21st Century, commonly known as the Berger Commission, as part of a statewidre restructuring of health care. Kaskie says for the foreseeablde future, Kaleida and ECMC will retainm their structuresand governance, with oversight by the Grear Lakes Health board of directors.
The ultimatwe goal will be to combine the two But first, three steps Before the merger can move however, three steps must be reached, chief amongf them the creation of legislation to modify ECMC’ public benefit corporation statuxs to allow it to become subordinate to Grea t Lakes Health, a process that must include approval at the stat level, and likely at the countty level, as well. When the consolidation is complete, Greart Lakes Health will provide care for 40 percent of the locall market through six hospitalsand 1,100 long-term care It will also provide training for 80 percenyt or more than 600 medical residents affiliatedr with the UB School of Medicine and Biomedical Sciences.
ECMC needs to be disconnected from Erie so the county is no longefr exposedto ECMC’s financial outcomezs and an agreement must be reached with organizexd labor at ECMC. Whild efforts toward those threesteps continue, a physicianb committee is meeting to determine clinical strategy and whers best to locate the differen specialties within the Great Lakes Health network.
Great Lakes Health comprises Kaleidazand ECMC, but also the University at Buffalo and physicianxs throughout the community. The organization represents a systemnof hospitals, health-care providers and specialty services in a two-countt region. “This organization is in existence to take what we have and make it saidJames Kaskie, president and CEO of Kaleidq and CEO of Great Lakeas Health. “Our competitive energies have now becom ecooperative energies,” he said. The organization’s formal name has been the , though it’s been more commonly referred to as since the objected on the grounds it was too similad toits name.
A consolidation betweeh the two groups and involvement by UB was mandatedd in the final report of the Commission on Healty Care Facilities in the21st Century, commonly known as the Berger Commission, as part of a statewidre restructuring of health care. Kaskie says for the foreseeablde future, Kaleida and ECMC will retainm their structuresand governance, with oversight by the Grear Lakes Health board of directors.
The ultimatwe goal will be to combine the two But first, three steps Before the merger can move however, three steps must be reached, chief amongf them the creation of legislation to modify ECMC’ public benefit corporation statuxs to allow it to become subordinate to Grea t Lakes Health, a process that must include approval at the stat level, and likely at the countty level, as well. When the consolidation is complete, Greart Lakes Health will provide care for 40 percent of the locall market through six hospitalsand 1,100 long-term care It will also provide training for 80 percenyt or more than 600 medical residents affiliatedr with the UB School of Medicine and Biomedical Sciences.
ECMC needs to be disconnected from Erie so the county is no longefr exposedto ECMC’s financial outcomezs and an agreement must be reached with organizexd labor at ECMC. Whild efforts toward those threesteps continue, a physicianb committee is meeting to determine clinical strategy and whers best to locate the differen specialties within the Great Lakes Health network.
Tuesday, December 14, 2010
Employers drop 401(k) match in tough economic times - Denver Business Journal:
thiswake-citizenship.blogspot.com
, , and Westword are among the locap companies whose employees have learned thatthey won’t be getting matching contributions to theit 401(k) retirement plans for a while. They’red not alone. Nationwide, companies including , , , , , and also have suspendef matching contributions. Many less well-knowmn companies are quietly doingthe same, according to locall employee benefits lawyers. “I thinkj everybody in the employee benefits field is doingf a fair numberof matching-contribution suspensions because of the current business climate,” said Jane a partner at LLP in Denver. Interest pickede up sharply in mid-November, Francis said.
“People are ‘2009 is going to be grim, so let’s plan she said. “It’s one way of savingh what can be a considerable amount of money withourt imposing thingslike layoffs.” Fewer than 1 percent of companies nationwide have suspende their 401(k) matches over the past few said Pamela Hess, director of retirement research at , a humahn resources consulting firm in Lincolnshire, Ill. That’s well below the estimatedd 5 percent that reduced or suspended matchesa duringthe 2001-2003 downturn, Hess said. But she expectws the number to rise to between 3 percentf and 5 percentin 2009.
“It’s an emerging trend,” Hess “A lot of companies are talkingabouy it. … This is not expecter to be a shorteconomic downturn, and cuttint the employee match could be more palatabld and easier for employeezs than losing their jobs or taking a pay About 4 percent of U.S. workerw have stopped contributing totheir 401(k) plans over the past few largely in reaction to stock markegt losses, Hess said. During the 2001-200e3 period, most U.S. companies suspended theire match for an averagw of 12 to18 months. But it could be longeer this time, Hess said. “Back in 2002, it was she said.
“It was only a year, year and a that companies suspendedtheir match, and then the economg picked up and they turned it back on. But this is The markets are downmuch more, and nobodty is expecting the economyg to do better in the next six months. Some companies may end up suspendinhg for two tothree years.” Nearly 80 percent of U.S. employers provide some sort of employee-contribution according to a fall 2008 survey by theProfit Sharing/401k in Chicago. Company contributions average about 3 percen tof pay, the organization said. Depending on what type of plan a companhis using, suspending the match can be relatively Francis said.
“It depends on how the matchin g contribution is set up inthe plan,” she “There are two basiv types. You can either have a discretionaryh matchingcontribution — in which the plan documentf says, essentially, ‘we’ll match what we feel like when we feel — or something called a safe-harbor matchingv contribution plan. “With a safe harbor plan, it’sw tougher to get a suspensioh going, because there are advance noticse requirements and amendment requirements before you can implementthe suspension.
” Safe harbor 401(k) plans, which were createde in the late 1990s and have become increasingly popular over the past five have advantages for employers. A company that uses one can avoid the hassle and expense of annualIRS non-discrimination testing aime at ensuring that highly paid managerxs and executives aren’t contributing significantly more than lesser-paif employees. “If you go off the safe which you do if you suspend thematchinyg contributions, then you’re back into that wholw testing regime,” Francis said. “It may mean that your [higher-paid] peoplew can’t put away as much money as they though t they were going to beable to.
” She adviseas employers who suspend matching contributions to emphasize that the situatio is temporary. “You don’t want to ever say that you’ree permanently doing something, because you potentially get into some statutor y issues on discontinuing a portion of the she said. “Don’t say it unless you really mean • Westword: Owned by , suspender in January 2009
, , and Westword are among the locap companies whose employees have learned thatthey won’t be getting matching contributions to theit 401(k) retirement plans for a while. They’red not alone. Nationwide, companies including , , , , , and also have suspendef matching contributions. Many less well-knowmn companies are quietly doingthe same, according to locall employee benefits lawyers. “I thinkj everybody in the employee benefits field is doingf a fair numberof matching-contribution suspensions because of the current business climate,” said Jane a partner at LLP in Denver. Interest pickede up sharply in mid-November, Francis said.
“People are ‘2009 is going to be grim, so let’s plan she said. “It’s one way of savingh what can be a considerable amount of money withourt imposing thingslike layoffs.” Fewer than 1 percent of companies nationwide have suspende their 401(k) matches over the past few said Pamela Hess, director of retirement research at , a humahn resources consulting firm in Lincolnshire, Ill. That’s well below the estimatedd 5 percent that reduced or suspended matchesa duringthe 2001-2003 downturn, Hess said. But she expectws the number to rise to between 3 percentf and 5 percentin 2009.
“It’s an emerging trend,” Hess “A lot of companies are talkingabouy it. … This is not expecter to be a shorteconomic downturn, and cuttint the employee match could be more palatabld and easier for employeezs than losing their jobs or taking a pay About 4 percent of U.S. workerw have stopped contributing totheir 401(k) plans over the past few largely in reaction to stock markegt losses, Hess said. During the 2001-200e3 period, most U.S. companies suspended theire match for an averagw of 12 to18 months. But it could be longeer this time, Hess said. “Back in 2002, it was she said.
“It was only a year, year and a that companies suspendedtheir match, and then the economg picked up and they turned it back on. But this is The markets are downmuch more, and nobodty is expecting the economyg to do better in the next six months. Some companies may end up suspendinhg for two tothree years.” Nearly 80 percent of U.S. employers provide some sort of employee-contribution according to a fall 2008 survey by theProfit Sharing/401k in Chicago. Company contributions average about 3 percen tof pay, the organization said. Depending on what type of plan a companhis using, suspending the match can be relatively Francis said.
“It depends on how the matchin g contribution is set up inthe plan,” she “There are two basiv types. You can either have a discretionaryh matchingcontribution — in which the plan documentf says, essentially, ‘we’ll match what we feel like when we feel — or something called a safe-harbor matchingv contribution plan. “With a safe harbor plan, it’sw tougher to get a suspensioh going, because there are advance noticse requirements and amendment requirements before you can implementthe suspension.
” Safe harbor 401(k) plans, which were createde in the late 1990s and have become increasingly popular over the past five have advantages for employers. A company that uses one can avoid the hassle and expense of annualIRS non-discrimination testing aime at ensuring that highly paid managerxs and executives aren’t contributing significantly more than lesser-paif employees. “If you go off the safe which you do if you suspend thematchinyg contributions, then you’re back into that wholw testing regime,” Francis said. “It may mean that your [higher-paid] peoplew can’t put away as much money as they though t they were going to beable to.
” She adviseas employers who suspend matching contributions to emphasize that the situatio is temporary. “You don’t want to ever say that you’ree permanently doing something, because you potentially get into some statutor y issues on discontinuing a portion of the she said. “Don’t say it unless you really mean • Westword: Owned by , suspender in January 2009
Sunday, December 12, 2010
Faulty loan documents prompt MGIC to reject millions in claims - Washington Business Journal:
raisavydyexuwowi.blogspot.com
The rejections provide some reliefto , against multimillion-dollar losses that startes in 2007 as the residential real estat e market skidded. However, the insurer is not engaged in a new strategyg tostem losses, said spokesman Mike Zimmerman. “It’s part of what an insurancr company does, is revieew claims,” Zimmerman said. “It’s somethiny we’ve always done.” The claim rejectiond are hitting the financial firmsx that hold the mortgagesafter foreclosures, including and .
MGIC denied 20 percent of claims in the first quarter of compared with the historical average of 5 percengtor less, MGIC executives MGIC and other mortgage insurersz are reviewing more claims as mortgage delinquencies continue placing pressure on insurers’ profits and theirf capital to cover the MGIC reported a net loss for the quarteer ended March 31 of $184.6 millionj after losing $519 million in 2008 and $1.678 billion in 2007. The companty already has declined topay $163 million in claimsa during the first quarted of 2009, nearly equaling the total of $171 million for all of 2008. The companyh denied $28 million in claims for 2007.
Most of the claimsx rejections are for mortgages issued in 2006and 2007, Zimmerman said. Most of the rejections are for sub-prims or no-documentation mortgages, he said. The increase in rescissions or denial reflects the significant amoung of fraud and misrepresentation in loan documents fromthose years, MGIC executives said. “Wed have found, frankly, a very high level of fraud in many of the MGIC chairman and CEO Curt Culverr told shareholders atthe company’s annual meeting earlier this month.
The companyy has added “a couple dozen” staffersz to its internal team at its downtown Milwaukee headquarteras to handle the increased volume of reviewes and investigations on Zimmerman said. The jump in the amounts of coveragew MGIC is rescinding has surprised some lenders who have not previouslu experienced this level of scrutiny for Bari Gambacorta, a Lawrenceville, attorney who represents lenders, said in an intervieqw that lenders typically cooperate with investigations in hopes their claims will still be paid.
“Rathee than brave the tempest and honortheit policies, they (insurers) have electede to get in front of the wave through this novepl rescission approach,“ Gambacorta wrote on a blog wher e he noted the trend. MGIC is working througbh several years of losses from loans insured for poolszof sub-prime and other low-standard mortgages. In the casea where MGIC determines the claimis legitimate, the companyt pays up to 25 percent of the mortgagd principal and other costs related to the Zimmerman said.
The rejections provide some reliefto , against multimillion-dollar losses that startes in 2007 as the residential real estat e market skidded. However, the insurer is not engaged in a new strategyg tostem losses, said spokesman Mike Zimmerman. “It’s part of what an insurancr company does, is revieew claims,” Zimmerman said. “It’s somethiny we’ve always done.” The claim rejectiond are hitting the financial firmsx that hold the mortgagesafter foreclosures, including and .
MGIC denied 20 percent of claims in the first quarter of compared with the historical average of 5 percengtor less, MGIC executives MGIC and other mortgage insurersz are reviewing more claims as mortgage delinquencies continue placing pressure on insurers’ profits and theirf capital to cover the MGIC reported a net loss for the quarteer ended March 31 of $184.6 millionj after losing $519 million in 2008 and $1.678 billion in 2007. The companty already has declined topay $163 million in claimsa during the first quarted of 2009, nearly equaling the total of $171 million for all of 2008. The companyh denied $28 million in claims for 2007.
Most of the claimsx rejections are for mortgages issued in 2006and 2007, Zimmerman said. Most of the rejections are for sub-prims or no-documentation mortgages, he said. The increase in rescissions or denial reflects the significant amoung of fraud and misrepresentation in loan documents fromthose years, MGIC executives said. “Wed have found, frankly, a very high level of fraud in many of the MGIC chairman and CEO Curt Culverr told shareholders atthe company’s annual meeting earlier this month.
The companyy has added “a couple dozen” staffersz to its internal team at its downtown Milwaukee headquarteras to handle the increased volume of reviewes and investigations on Zimmerman said. The jump in the amounts of coveragew MGIC is rescinding has surprised some lenders who have not previouslu experienced this level of scrutiny for Bari Gambacorta, a Lawrenceville, attorney who represents lenders, said in an intervieqw that lenders typically cooperate with investigations in hopes their claims will still be paid.
“Rathee than brave the tempest and honortheit policies, they (insurers) have electede to get in front of the wave through this novepl rescission approach,“ Gambacorta wrote on a blog wher e he noted the trend. MGIC is working througbh several years of losses from loans insured for poolszof sub-prime and other low-standard mortgages. In the casea where MGIC determines the claimis legitimate, the companyt pays up to 25 percent of the mortgagd principal and other costs related to the Zimmerman said.
Thursday, December 9, 2010
Texas Cord Blood Bank adds Midland hospital to network - San Antonio Business Journal:
http://hotelsancarloscancun.com/downtown-hotel-cancun-abouthotel.html
Midland Memorial Hospital has become the 12th hospitap to join the Texas CordBlood Bank, a divisionn of the in San Antonio. The Texas Legislature created the Texaa Cord Blood Bank in 2001 to collect blooc from the discarded umbilica l cords of healthynewborn babies. This bloo is rich in blood-making stem cells that can be used as an alternative to bone marrow transplants to treat cancers such as leukemiand lymphoma, sickle-cell anemia and immune-systenm disorders. Methodist Hospital in San Antonio became the firsty official collection site in the statrein 2005.
Doctors at Midlaned Memorial will now begin collecting the umbilicalcord “The benefit potential of cord blood on people’sw lives was very important in our decision to partned with Texas Cord Blood says Robert Dent, vice president of nursing at Midlandf Memorial Hospital. “This will make a differencre in people’s lives.” Dr. Norman D. Kalmin, president, CEO and medica l director for the South TexasBloodx & Tissue Center, says this partnership also has the potential of creatinf a diversity of cord blood unitse in the state.
Midland Memorial Hospital has become the 12th hospitap to join the Texas CordBlood Bank, a divisionn of the in San Antonio. The Texas Legislature created the Texaa Cord Blood Bank in 2001 to collect blooc from the discarded umbilica l cords of healthynewborn babies. This bloo is rich in blood-making stem cells that can be used as an alternative to bone marrow transplants to treat cancers such as leukemiand lymphoma, sickle-cell anemia and immune-systenm disorders. Methodist Hospital in San Antonio became the firsty official collection site in the statrein 2005.
Doctors at Midlaned Memorial will now begin collecting the umbilicalcord “The benefit potential of cord blood on people’sw lives was very important in our decision to partned with Texas Cord Blood says Robert Dent, vice president of nursing at Midlandf Memorial Hospital. “This will make a differencre in people’s lives.” Dr. Norman D. Kalmin, president, CEO and medica l director for the South TexasBloodx & Tissue Center, says this partnership also has the potential of creatinf a diversity of cord blood unitse in the state.
Tuesday, December 7, 2010
Family businesses may be best equipped to ride out recession, Barclays Wealth report says - bizjournals:
http://www.chipkin.com/design-specification-commissioning-and-troubleshooting
With difficult economic times Doyle would be willing to give up her salar again to keep thecompany afloat. “We would do withoutt the pay, as opposedc to laying people off,” said Doyle, who founderd Compassionate Care HomeHelpers Inc., a non-medicak in-home service provider, with the help of her sister and Other U.S. family businesses may make the sametoughg decisions. According to a Barclaysx Wealth report earlierthis year, this factoer and others may mean family businesseds are particularly well-positioned to ride out the Specifically, the report points to several key characteristics that many familh businesses share, such as a long-tern outlook, tendency toward risk aversion, low debt load and management agility.
“Ifg you look at the sacrifices that can be made in the shory term in regard towagexs … they may be able to take a little bit less in said Ray Vargo, director of the Small Business Developmentg Center at the University of Pittsburgh’s Institute for Entrepreneurial Excellence. Diane Sandstrom, consulting managed with Duquesne University’s Smalkl Business Development Center, said abougt 25 percent to 30 percent of small businesses in the region fall intothe family-owned category. “Sometimes, the family owne businesses are not in such adire position,” Sandstrom said.
“Theyu will fund an expansion using swear equity instead of going into Sweat equity could simply mean agreeing to work longet hours for a certaihn period of time to see the family businesw through arough spot, she The decision-making process in a family owned business also may be more efficien t than other types of companies, Sandstrom said. “Theu can make a change much quicker,” she said. Family-owned businessea also will sometimes not take on a big burden of debt becaused they want to pass thebusiness down, Sandstrom said. Doyle’ws experience with Compassionate Careis instructive.
The company, whicnh is only now close to could not afford to pay its officestaftf — Doyle, her sister and their mother for the first two years of its so the three went without a salary. “If we didn’tf do that, we wouldn’t still be here today,” Doyld said. “None of us got paid to do any of Doyle said communication is extremely easy betweemn motherand daughters, and they can reachu each other after business hours to make a decision. “Wew don’t have to wait until Monday at9 a.m. to make a Doyle said.
The trio is willing to agaimn gowithout salary, although Doyled doesn’t expect the downturn to so thoroughly impacrt the company to make that necessary. “We still will do that if need be,” she said. One danger for family-ownexd firms, however, is because much of their debt may bepersonally guaranteed, when a business it could be financially devastating for the Vargo said. “I’ve seen some situations where familh members have gone out to borrow everything theycoulx — they think it is going to turn around,” he said. “Whej a person is signing their name onthe line, it’s personal debt.
”
With difficult economic times Doyle would be willing to give up her salar again to keep thecompany afloat. “We would do withoutt the pay, as opposedc to laying people off,” said Doyle, who founderd Compassionate Care HomeHelpers Inc., a non-medicak in-home service provider, with the help of her sister and Other U.S. family businesses may make the sametoughg decisions. According to a Barclaysx Wealth report earlierthis year, this factoer and others may mean family businesseds are particularly well-positioned to ride out the Specifically, the report points to several key characteristics that many familh businesses share, such as a long-tern outlook, tendency toward risk aversion, low debt load and management agility.
“Ifg you look at the sacrifices that can be made in the shory term in regard towagexs … they may be able to take a little bit less in said Ray Vargo, director of the Small Business Developmentg Center at the University of Pittsburgh’s Institute for Entrepreneurial Excellence. Diane Sandstrom, consulting managed with Duquesne University’s Smalkl Business Development Center, said abougt 25 percent to 30 percent of small businesses in the region fall intothe family-owned category. “Sometimes, the family owne businesses are not in such adire position,” Sandstrom said.
“Theyu will fund an expansion using swear equity instead of going into Sweat equity could simply mean agreeing to work longet hours for a certaihn period of time to see the family businesw through arough spot, she The decision-making process in a family owned business also may be more efficien t than other types of companies, Sandstrom said. “Theu can make a change much quicker,” she said. Family-owned businessea also will sometimes not take on a big burden of debt becaused they want to pass thebusiness down, Sandstrom said. Doyle’ws experience with Compassionate Careis instructive.
The company, whicnh is only now close to could not afford to pay its officestaftf — Doyle, her sister and their mother for the first two years of its so the three went without a salary. “If we didn’tf do that, we wouldn’t still be here today,” Doyld said. “None of us got paid to do any of Doyle said communication is extremely easy betweemn motherand daughters, and they can reachu each other after business hours to make a decision. “Wew don’t have to wait until Monday at9 a.m. to make a Doyle said.
The trio is willing to agaimn gowithout salary, although Doyled doesn’t expect the downturn to so thoroughly impacrt the company to make that necessary. “We still will do that if need be,” she said. One danger for family-ownexd firms, however, is because much of their debt may bepersonally guaranteed, when a business it could be financially devastating for the Vargo said. “I’ve seen some situations where familh members have gone out to borrow everything theycoulx — they think it is going to turn around,” he said. “Whej a person is signing their name onthe line, it’s personal debt.
”
Saturday, December 4, 2010
Vanity Fair: The myth of celebrity invades Miami art exhibitions - CultureMap
dudorovanaapyh.blogspot.com
Washington Post | Vanity Fair: The myth of celebrity invades Miami art exhibitions CultureMap It's no secret that Art Basel Miami Beach is very much a star-studded event; we've already bumped into such notables as James Franco, Patricia Arquette and ... Art Basel: Vanity Fair, Nespresso, and Others Host Parties, Garden Café Pops ... VF's Guide to Art Basel: Ingrid Sischy Art Basel Miami Beach | The Art of Parties |
Thursday, December 2, 2010
HUD sends $32M to jump start AZ affordable housing - Phoenix Business Journal:
http://www.theflowerseeds.com/Trees/Christmas-Tree-Artificial/
million to jump start affordablee housing projects that have been in limbo during the The announcement was made Wednesday by SecretaryShaun Donovan. The $32.2 million comes from the Americam Recovery and Reinvestment Act and is earmarkedfor HUD’s new Tax Creditg Assistance Program. The creditr will help fund affordabld housing projects that were in development but unable to attrac funding as a result of tighrtcredit markets. HUD estimates that 1,000 affordable housing projectse acrossthe country, totaling about 150,000 could not move forward and are waitinv for funding.
“The funding being announced today is an important step in achieviny the goal of putting the American peoplr back to work whileproviding quality, affordable housint options for low-income families at a time when thos e options are needed more than ever,” Donovan said in a press release. Specifics of what projects in Arizonwa will benefit fromthe $32.3 milliojn state allocation were not announced. HUD’s Tax Credit Assistanc Program will allocate morethan $1 billion in all 50 Wednesday’s announcement applies to 24 states and Puertl Rico. Other state allocations will be announced in the nextseveralk weeks.
million to jump start affordablee housing projects that have been in limbo during the The announcement was made Wednesday by SecretaryShaun Donovan. The $32.2 million comes from the Americam Recovery and Reinvestment Act and is earmarkedfor HUD’s new Tax Creditg Assistance Program. The creditr will help fund affordabld housing projects that were in development but unable to attrac funding as a result of tighrtcredit markets. HUD estimates that 1,000 affordable housing projectse acrossthe country, totaling about 150,000 could not move forward and are waitinv for funding.
“The funding being announced today is an important step in achieviny the goal of putting the American peoplr back to work whileproviding quality, affordable housint options for low-income families at a time when thos e options are needed more than ever,” Donovan said in a press release. Specifics of what projects in Arizonwa will benefit fromthe $32.3 milliojn state allocation were not announced. HUD’s Tax Credit Assistanc Program will allocate morethan $1 billion in all 50 Wednesday’s announcement applies to 24 states and Puertl Rico. Other state allocations will be announced in the nextseveralk weeks.
Monday, November 29, 2010
AmMed
http://www.4x4autoclub.com/2009/10/page/2
Milam had been running , a small direct-to-consumet medical supplier, on a part-time basis for about a year when his loss inspirec him to fully commit to the company and aspire to make a difference in people’s lives. “I made a decisiomn that this could realltmean something,” says Milam, whose late friend also had which Milam admittedly had taken for “What we’re trying to do could help people and maybw have them avoid or prevent the early and prematurer death that my frienxd experienced.” AmMed Direct adopted the Better Care Programn early in Milam’s tenure as chief operating officer.
It is an educationaol and lifestyle improvement service that originated from compant founderJim Thaden’s “12-touch” concept that was patterned afterf Alcoholic Anonymous’ 12-step recovery “We started taking ownership of the producty and then identifying opportunities for how (we can) deliver better care, not just througbh actions of our service to our customer but through education,” Milaj says. Three certified diabetes educators also are on staff to assisy with customer referrals and teachAmMed employees.
AmMed customers are entitled to free a meal-planning guide, a subscription to the Diabetes Directionas newsletter and literature geared toward theie specific needs. Milam says Better Care is “mostt unique” among companies in the diabetes “I certainly see some efforts in the marketplace to do more of Milam says. “We’ve got a head start and, fortunately, we’ve grown so we can put more resourcexs tothat now.” AmMed has more than 170,00p0 customers and expects about $180 million in revenue this year — up from $123 millionm in 2008 — despite a nearly 10 percent reductioj in Medicare reimbursements.
The company’w annual growth rate has been in the 40 percent to 50 percenr range since 2005 to becomesthe third-largest company in the diabetes products There are nearly 18 million diagnosed diabetes patients in the United States. AmMed draws about two-thirds of its customeres from TV advertising. Mila expects 30 percent to 40 percengt growth in the coming years by targeting managedscare patients. The company employ about 470 and could expand to a second facility in Nashville at the end ofnext year. The AmMede pharmacy dispenses 3,000 to 5,0009 units of medicine a day fromits 125,000-square-footg Antioch headquarters.
Milam had been running , a small direct-to-consumet medical supplier, on a part-time basis for about a year when his loss inspirec him to fully commit to the company and aspire to make a difference in people’s lives. “I made a decisiomn that this could realltmean something,” says Milam, whose late friend also had which Milam admittedly had taken for “What we’re trying to do could help people and maybw have them avoid or prevent the early and prematurer death that my frienxd experienced.” AmMed Direct adopted the Better Care Programn early in Milam’s tenure as chief operating officer.
It is an educationaol and lifestyle improvement service that originated from compant founderJim Thaden’s “12-touch” concept that was patterned afterf Alcoholic Anonymous’ 12-step recovery “We started taking ownership of the producty and then identifying opportunities for how (we can) deliver better care, not just througbh actions of our service to our customer but through education,” Milaj says. Three certified diabetes educators also are on staff to assisy with customer referrals and teachAmMed employees.
AmMed customers are entitled to free a meal-planning guide, a subscription to the Diabetes Directionas newsletter and literature geared toward theie specific needs. Milam says Better Care is “mostt unique” among companies in the diabetes “I certainly see some efforts in the marketplace to do more of Milam says. “We’ve got a head start and, fortunately, we’ve grown so we can put more resourcexs tothat now.” AmMed has more than 170,00p0 customers and expects about $180 million in revenue this year — up from $123 millionm in 2008 — despite a nearly 10 percent reductioj in Medicare reimbursements.
The company’w annual growth rate has been in the 40 percent to 50 percenr range since 2005 to becomesthe third-largest company in the diabetes products There are nearly 18 million diagnosed diabetes patients in the United States. AmMed draws about two-thirds of its customeres from TV advertising. Mila expects 30 percent to 40 percengt growth in the coming years by targeting managedscare patients. The company employ about 470 and could expand to a second facility in Nashville at the end ofnext year. The AmMede pharmacy dispenses 3,000 to 5,0009 units of medicine a day fromits 125,000-square-footg Antioch headquarters.
Saturday, November 27, 2010
Humane Society opens $10.2M facility in NE Wichita - Dayton Business Journal:
http://www.vienna-discounted-hotels.com/parkhotel-schonbrunn-main-hotel.html
million at K-96 and Hillside. It’s part of a larger partnershipwith Wichita’sx Animal Services Division. Together, the two entitiee make up the . The two entitiex will function independently ofone another, but do offer collaborative Many of the key players in the projecft gathered on the campus Monday morninf to celebrate the “We really have something to be proud of here in our says Wichita Mayor Carl Brewer. it’s obvious how far we’ve come.
” The public-private partnership is the first of its kind in the Those involved say it eliminates duplication of will reunite more lost pets with their increase convenience for the public and ensure every animal is spayef or neutered prior toadoptionn — all of which lead to the Kansas Humanr Society’s ultimate goal of ending the unnecessaryg euthanasia of adoptable animals. “This public-privatr partnership is truly an example of how far a communityhcan go,” says George Fahnestock, CEO of . Fahnestock and Barrty Schwan, president of wholesaler , co-chairec the capital campaign.
“We are thrilled to open an innovative campus that will improve the lives of the pets and peopl e in our community for generations to saysKim Janzen, president and CEO of the Kansaes Humane Society. “It is so incredibly exciting.” The Humand Society occupies 40,000 square feet in the Murfinm complex andthe city’s portiobn covers 26,060 square feet. To date, the Humane Society has raisede $9.7 million in private donationws toward its goal and is seekin g funding for theremaining $500,000. The city’s portionh is funded by tax dollars. Dave Murfin, presidenft of Inc.
and members of his family, who donatee $2 million toward the project, were givenn naming rights to the complex. is the general contractor and is the Both facilities onthe 22-acrer campus will be open from 11 a.m. to 6:30 p.m. Mondau through Saturday and 1 to5 p.m. on
million at K-96 and Hillside. It’s part of a larger partnershipwith Wichita’sx Animal Services Division. Together, the two entitiee make up the . The two entitiex will function independently ofone another, but do offer collaborative Many of the key players in the projecft gathered on the campus Monday morninf to celebrate the “We really have something to be proud of here in our says Wichita Mayor Carl Brewer. it’s obvious how far we’ve come.
” The public-private partnership is the first of its kind in the Those involved say it eliminates duplication of will reunite more lost pets with their increase convenience for the public and ensure every animal is spayef or neutered prior toadoptionn — all of which lead to the Kansas Humanr Society’s ultimate goal of ending the unnecessaryg euthanasia of adoptable animals. “This public-privatr partnership is truly an example of how far a communityhcan go,” says George Fahnestock, CEO of . Fahnestock and Barrty Schwan, president of wholesaler , co-chairec the capital campaign.
“We are thrilled to open an innovative campus that will improve the lives of the pets and peopl e in our community for generations to saysKim Janzen, president and CEO of the Kansaes Humane Society. “It is so incredibly exciting.” The Humand Society occupies 40,000 square feet in the Murfinm complex andthe city’s portiobn covers 26,060 square feet. To date, the Humane Society has raisede $9.7 million in private donationws toward its goal and is seekin g funding for theremaining $500,000. The city’s portionh is funded by tax dollars. Dave Murfin, presidenft of Inc.
and members of his family, who donatee $2 million toward the project, were givenn naming rights to the complex. is the general contractor and is the Both facilities onthe 22-acrer campus will be open from 11 a.m. to 6:30 p.m. Mondau through Saturday and 1 to5 p.m. on
Wednesday, November 24, 2010
Medtronic
paramonaxogilozi.blogspot.com
million to competitor for damages relateds to a patent infringement verdict from a federapCircuit Court. The court reviewed a December 2007 which claimed thatMedtronic (NYSE: MDT) had infringeds on DePuy’s patent of a line of multiaxial screwws used in spinal surgery. The court affirmed a $149.1q million award for lost profits. But the courtf reversed previous sanctions, which droppedx $77.2 million in outright damages and $10.5 million in fees and other costs. The Vertex line of screwx is no longer onthe market.
Memphis-based Medtronivc Spinal and Biologics business president Stevre La Neve said theruling “has no bearing on our curren Vertex Select and OC which are other spinalo systems. The case will now be remanded to a trial court for calculation of the reduced which will include amounts bothfor post-judgmenyt and pre-judgment interest on the Based outside of Minneapolis, Medtronic is the world’zs largest medical device company. Its spinal and biologicxs business units are based in Memphise where itemploys 1,550.
million to competitor for damages relateds to a patent infringement verdict from a federapCircuit Court. The court reviewed a December 2007 which claimed thatMedtronic (NYSE: MDT) had infringeds on DePuy’s patent of a line of multiaxial screwws used in spinal surgery. The court affirmed a $149.1q million award for lost profits. But the courtf reversed previous sanctions, which droppedx $77.2 million in outright damages and $10.5 million in fees and other costs. The Vertex line of screwx is no longer onthe market.
Memphis-based Medtronivc Spinal and Biologics business president Stevre La Neve said theruling “has no bearing on our curren Vertex Select and OC which are other spinalo systems. The case will now be remanded to a trial court for calculation of the reduced which will include amounts bothfor post-judgmenyt and pre-judgment interest on the Based outside of Minneapolis, Medtronic is the world’zs largest medical device company. Its spinal and biologicxs business units are based in Memphise where itemploys 1,550.
Tuesday, November 23, 2010
Controversy with the installation of Gran Turismo 5 (PS3) - My Hot News
http://jenheath.com/photogallery/jensbodybuilding.html
Controversy with the installation of Gran Turismo 5 (PS3) My Hot News The developer knows the importance of his title and once installed on the hard disk it will run much faster than on Blu-Ray discs. ... |
Sunday, November 21, 2010
Second recession deemed possible - Business First of Buffalo:
http://youthusa.org/organization/Overview/Broughton.htm
Those odds may seem low, but they’re actually high sincew double-dip recessions are rare and the U.S. economy grows 95 percen of the time, says the chamber’sa Marty Regalia. He predicts the current economic downturn will endarounrd September. However, the unemployment rate will remain high throughj the first half of next year andinvestmentr won’t snap back as quicklyg as it usually does after a Regalia says. Inflation, however, looms as a potentiapl problem because of thefederal government’s huge budgetf deficits and the massivre amount of dollars pumped into the economy by the Federap Reserve, he says.
“The economy has got to be running on its own by the middlse ofnext year,” Regalia says. Almosf every major inflationary periodin U.S. history was precederd by heavydebt levels, he notes. The chancese of a double-dip recession will be lowe if Ben Bernanke is reappointed chairman of theFederal Reserve, Regalias says. If President Barack Obama appoints his economic adviser Larry Summers to chairthe Fed, that woulcd signal the monetary spigot would remain open for a longer he predicts. A coalescing of the Fed and the Obamza administrationis “not something the markets want to see,” Regalia says.
Obama has declined to say whethet he will reappoint whose term endsin February.
Those odds may seem low, but they’re actually high sincew double-dip recessions are rare and the U.S. economy grows 95 percen of the time, says the chamber’sa Marty Regalia. He predicts the current economic downturn will endarounrd September. However, the unemployment rate will remain high throughj the first half of next year andinvestmentr won’t snap back as quicklyg as it usually does after a Regalia says. Inflation, however, looms as a potentiapl problem because of thefederal government’s huge budgetf deficits and the massivre amount of dollars pumped into the economy by the Federap Reserve, he says.
“The economy has got to be running on its own by the middlse ofnext year,” Regalia says. Almosf every major inflationary periodin U.S. history was precederd by heavydebt levels, he notes. The chancese of a double-dip recession will be lowe if Ben Bernanke is reappointed chairman of theFederal Reserve, Regalias says. If President Barack Obama appoints his economic adviser Larry Summers to chairthe Fed, that woulcd signal the monetary spigot would remain open for a longer he predicts. A coalescing of the Fed and the Obamza administrationis “not something the markets want to see,” Regalia says.
Obama has declined to say whethet he will reappoint whose term endsin February.
Saturday, November 20, 2010
Lockheed receives $3.5B F-35 fighters contract - Bloomberg
http://eaglgymnastics.net/page/Ipad-Testers---How-To-Get-A-Free-Ipad-By-Apple-Tod.html
Washington Post | Lockheed receives $3.5B F-35 fighters contract Bloomberg By AP FORT WORTH, Texas (AP) â€" Lockheed Martin Corp., the nation's largest defense contractor, said Friday that it was awarded a $3.5 billion contract ... Lockheed in $3.49 billion US F-35 fighter deal |
Thursday, November 18, 2010
Insider report: Bruker cashes out Laukiens - Business Courier of Cincinnati:
http://salonenotur.com/index.php?option=com_content&view=article&id=48:primer-salon-de-enoturismo-de-espana&catid=5:enotur&Itemid=4
million by selling 2.1 million sharews of stock. It was the month’s biggest payday among Massachusett sinsiders — executives, directors and major shareholders at locally based publicly traded according to trading data provided by . But for Laukienh and some of his family memberds with close ties to the cash-out was just a small fractio of the hundreds of millions they have pocketeds over the past 18 In fact, five members of the Laukie family, including Bruker CEO Frank H. received $624.
6 million in cash and other compensatiob linkedto Bruker’s operations last year, according to Bostonm Business Journal research and company regulatory Put differently, the group’s take was equak to just over 60 percent of Bruker’s $1.1 billionh in 2008 revenue. Nearly all of that payout — some $620 million — stemmed from Bruker’s Februaryt 2008 acquisition of BrukerBiospin Group, a developer of researcuh tools and biotechnology equipment usingy magnetic resonance.
The cash and stock deal was essentiall y a cash out for five Laukien familgmembers — Frank Marc Laukien, Isolde Laukien-Kleiner and Bruke r directors Dirk Laukien and Joergy Laukien — who owned 100 percenty of Bruker Biospin’s sharezs before the deal. Frank, Joerg, Dirk and Marc Laukienn are brothers orhalf brothers, while Isolde Laukien-Kleiner is the mother of Marc and Dirk Laukien, according to Bruker’s regulatory filings. Bruker (Nasdaq: completed a similar deal in June 2006 for life sciencess technology developer Bruker Opticsfor $135 million.
As was the case for Bruketr Biospin, Bruker Optics was owned by the same five Laukienw prior tothe deal, according to regulatory filings. insider sales topped $95 million While Marc Laukie nwas Massachusetts’ biggest insider seller in May, his brother Frank Laukien recorded the month's biggest acquisition of insidee shares. The elder Laukien bought 100,00 Bruker shares for $728,000 representing roughly half ofthe state’xs $1.46 million in insider purchases recorded for all of May. By insiders sold $95.9 million in shares in Massachusetts-baseds companies during the same span. That totakl was nearly double the $49.
2 millioj in local sales recorded in The following is a breakdownof May’s insider activityh among Massachusetts-based companies. INSIDER SELLIN IN MAY Name — Value — Compant — Ticker Laukien, Marc M $14,508,100 — BRUKER — BRKR Ryan, Vincent J — $11,076,073 Silverstein, Barry — $9,767,471 — Zarkin, Herberr J — $9,000,975 — Abele, John E $8,868,600 — Healey, Sean M — $5,938,800 Dalton, Nathaniel — $4,141,821 — AFFILIATED MANAGERS GROUP INC. AMG Ayasli, Yalcin — $2,925,343 — HITTITEs MICROWAVE CORP.
— HITT Robert J — $2,574,191 — Boger, Joshua S $2,563,664 — Talwar, Anju — $2,008,095r — Logie, Andrew R $1,547,420 — Brooks, Rodney A — $1,326,01q — Clark, Stuart J — $1,293,834 — Rossi, Jerome R — $1,235,438 — Wiley, Fletcher H $1,048,320 — TJX COMPANIES INC. — TJX Smith, Ian F $965,557 — VERTEX PHARMACEUTICALS INC — VRTX Aldrich, Davidx J — 944,852 — Grace, Davisd R — $929,702 BEACON ROOFING SUPPLY INC. — BECN Richard E — $887,250 AFFILIATED MANAGERS GROUP INC. — AMG Gregory L — $576,533 — SKYWORKS SOLUTIONSw INC.
— SWKS William J — $571,611 — Termeer, Henrj A — $544,849 — GENZYME CORP. — GENZ Alexis P — $486,527 — Coviello, Arthur W Jr — $480,000 Berthiaume, Douglas A — $474,705 — WATERS — WAT Pyle, Michael R — $456,866 Lopardo, Nicholas A — $451,727 — Robert W — $444,652 — Peter — $438,860 — VERTEX PHARMACEUTICALS INC VRTX Meyerman, Harold J — $438,525 — AFFILIATED MANAGERS GROUo INC. — AMG Vohra, Tajinder — $420,174 GENPACT LIMITED — G Michael E — $417,400 — Griffin, Liam K — $388,000 — SKYWORKS SOLUTIONS INC.
— SWKS Von, Staatss Aaron C — $382,800 — Bellus, Daniel $336,430 — Maekawa, Mitsuru $335,237 — GENPACT LIMITEc — G Lawrence, Taylor W — $334,992 Martin, Katharine A — $310,180 Sanders, Charles Addison — $296,434 — VERTEX PHARMACEUTICALS INC — VRTX Halliday, Roberrt J — $270,059 — Chapman, Richard P Jr — $257,500 Sgarzi, Richard H — $257,179 — INDEPENDENrT BANK CORP. — INDB Mayer, Max Alan — $245,968 — PEGASYSTEMS INC. — PEGA Piyush — $206,238 — GENPACT LIMITEx — G Mcconnell, William F Jr $204,611 — BOSTON SCIENTIFIC CORP.
BSX Welles, Michael H — $192,850 — Povich, Lon F $186,150 — BJ’S WHOLESALE CLUB INC. — BJ Charles L — $180,570 — GENZYME — GENZ Coppersmith, S James $175,015 — BJ’S WHOLESALE CLUB INC. — BJ Howard D — $168,588 EMC CORP. — EMC George M — $146,250 — SKYWORKd SOLUTIONS INC. — SWKS Kra, Douglas I $102,684 — PEGASYSTEMS INC. — PEGA Caruso, Joseph P $100,100 — Smith, Sandford D — $92,7867 — GENZYME CORP. — GENZ Earl M Jr — $92,780o — GENZYME CORP.
— GENZ Moses, Cornelius F III $91,300 — PARAMETRIC TECHNOLOGYY CORP — PMTC Shields, Thomas J — $90,3365 — BJ’S WHOLESALE CLUB INC. — BJ Szabados, Michael — $83,289 — Von, Rickenbacy Josef H — $81,405 — Corrigan, Mark H N $75,205 — Chute, Richars Sears — $61,120 — Rosen, Gary J — $57,86 — VARIAN SEMICONDUCTOR EQUIPMENTASSOCIATES INC. — VSEA Santamaria, Angelo Roberg — $57,240 — AMERICAN SUPERCONDUCTOR — AMSC Smith, Alan E — $50,0376 — GENZYME CORP. — GENZ Brian P — $42,906 — Csimma, Zoltan A $36,069 — GENZYME CORP.
GENZ Graves, Kurt C — $26,30 7 — VERTEX PHARMACEUTICALS INC — VRTX Joseph R Jr — $26,264 Massaro, George E — $22,695 — CHARLESe RIVER LABORATORIES INTERNATIONALINC — CRL Amit — $22,269 — VERTEc PHARMACEUTICALS INC — VRTX Nadeau, Gerard F — $21,00o0 — INDEPENDENT BANK CORP. — INDB Kouninis, Efstathios A $17,179 — PEGASYSTEMS INC. — PEGA Richard C — $15,135 — VERTEX PHARMACEUTICALS INC — VRTX Paul M — $13,310 — VERTEX PHARMACEUTICALz INC — VRTX Boynton, Bruce P $10,040 — Downing, John W $8,297 — NETSCOUT SYSTEMS INC.
— NTCT INSIDEt BUYING IN MAY Name — Transaction valuwe — Company — Ticker Laukien, Frank H $728,100 — BRUKER CORPORATION BRKR Mario, Ernest B — $424,650 — Pepper, John E Jr — $106,680 BOSTON SCIENTIFIC CORPORATION — BSX Gregoire, Sylvie L $45,727 — Doran, Howard B Jr — $41,892 Graveline, Kathleen — $38,475 — Dawson, James $22,150 — BOSTON PRIVATE FINANCIAL HOLDINGS — BPFH Eduard E — $19,840 PAREXEL INTERNATIONAL CORP. PRXL Vanderbrug, Gordon J — $9,8376 — Pucci, Paolo $9,626 — , Ag — $8,088 Barabe, Timothy C — $5,322 — ARQULE INC.
— ARQL Michael D — $2,873 — ARQUL INC. — ARQL Sloane, Barry R $481 — INC. — CNBKAz
million by selling 2.1 million sharews of stock. It was the month’s biggest payday among Massachusett sinsiders — executives, directors and major shareholders at locally based publicly traded according to trading data provided by . But for Laukienh and some of his family memberds with close ties to the cash-out was just a small fractio of the hundreds of millions they have pocketeds over the past 18 In fact, five members of the Laukie family, including Bruker CEO Frank H. received $624.
6 million in cash and other compensatiob linkedto Bruker’s operations last year, according to Bostonm Business Journal research and company regulatory Put differently, the group’s take was equak to just over 60 percent of Bruker’s $1.1 billionh in 2008 revenue. Nearly all of that payout — some $620 million — stemmed from Bruker’s Februaryt 2008 acquisition of BrukerBiospin Group, a developer of researcuh tools and biotechnology equipment usingy magnetic resonance.
The cash and stock deal was essentiall y a cash out for five Laukien familgmembers — Frank Marc Laukien, Isolde Laukien-Kleiner and Bruke r directors Dirk Laukien and Joergy Laukien — who owned 100 percenty of Bruker Biospin’s sharezs before the deal. Frank, Joerg, Dirk and Marc Laukienn are brothers orhalf brothers, while Isolde Laukien-Kleiner is the mother of Marc and Dirk Laukien, according to Bruker’s regulatory filings. Bruker (Nasdaq: completed a similar deal in June 2006 for life sciencess technology developer Bruker Opticsfor $135 million.
As was the case for Bruketr Biospin, Bruker Optics was owned by the same five Laukienw prior tothe deal, according to regulatory filings. insider sales topped $95 million While Marc Laukie nwas Massachusetts’ biggest insider seller in May, his brother Frank Laukien recorded the month's biggest acquisition of insidee shares. The elder Laukien bought 100,00 Bruker shares for $728,000 representing roughly half ofthe state’xs $1.46 million in insider purchases recorded for all of May. By insiders sold $95.9 million in shares in Massachusetts-baseds companies during the same span. That totakl was nearly double the $49.
2 millioj in local sales recorded in The following is a breakdownof May’s insider activityh among Massachusetts-based companies. INSIDER SELLIN IN MAY Name — Value — Compant — Ticker Laukien, Marc M $14,508,100 — BRUKER — BRKR Ryan, Vincent J — $11,076,073 Silverstein, Barry — $9,767,471 — Zarkin, Herberr J — $9,000,975 — Abele, John E $8,868,600 — Healey, Sean M — $5,938,800 Dalton, Nathaniel — $4,141,821 — AFFILIATED MANAGERS GROUP INC. AMG Ayasli, Yalcin — $2,925,343 — HITTITEs MICROWAVE CORP.
— HITT Robert J — $2,574,191 — Boger, Joshua S $2,563,664 — Talwar, Anju — $2,008,095r — Logie, Andrew R $1,547,420 — Brooks, Rodney A — $1,326,01q — Clark, Stuart J — $1,293,834 — Rossi, Jerome R — $1,235,438 — Wiley, Fletcher H $1,048,320 — TJX COMPANIES INC. — TJX Smith, Ian F $965,557 — VERTEX PHARMACEUTICALS INC — VRTX Aldrich, Davidx J — 944,852 — Grace, Davisd R — $929,702 BEACON ROOFING SUPPLY INC. — BECN Richard E — $887,250 AFFILIATED MANAGERS GROUP INC. — AMG Gregory L — $576,533 — SKYWORKS SOLUTIONSw INC.
— SWKS William J — $571,611 — Termeer, Henrj A — $544,849 — GENZYME CORP. — GENZ Alexis P — $486,527 — Coviello, Arthur W Jr — $480,000 Berthiaume, Douglas A — $474,705 — WATERS — WAT Pyle, Michael R — $456,866 Lopardo, Nicholas A — $451,727 — Robert W — $444,652 — Peter — $438,860 — VERTEX PHARMACEUTICALS INC VRTX Meyerman, Harold J — $438,525 — AFFILIATED MANAGERS GROUo INC. — AMG Vohra, Tajinder — $420,174 GENPACT LIMITED — G Michael E — $417,400 — Griffin, Liam K — $388,000 — SKYWORKS SOLUTIONS INC.
— SWKS Von, Staatss Aaron C — $382,800 — Bellus, Daniel $336,430 — Maekawa, Mitsuru $335,237 — GENPACT LIMITEc — G Lawrence, Taylor W — $334,992 Martin, Katharine A — $310,180 Sanders, Charles Addison — $296,434 — VERTEX PHARMACEUTICALS INC — VRTX Halliday, Roberrt J — $270,059 — Chapman, Richard P Jr — $257,500 Sgarzi, Richard H — $257,179 — INDEPENDENrT BANK CORP. — INDB Mayer, Max Alan — $245,968 — PEGASYSTEMS INC. — PEGA Piyush — $206,238 — GENPACT LIMITEx — G Mcconnell, William F Jr $204,611 — BOSTON SCIENTIFIC CORP.
BSX Welles, Michael H — $192,850 — Povich, Lon F $186,150 — BJ’S WHOLESALE CLUB INC. — BJ Charles L — $180,570 — GENZYME — GENZ Coppersmith, S James $175,015 — BJ’S WHOLESALE CLUB INC. — BJ Howard D — $168,588 EMC CORP. — EMC George M — $146,250 — SKYWORKd SOLUTIONS INC. — SWKS Kra, Douglas I $102,684 — PEGASYSTEMS INC. — PEGA Caruso, Joseph P $100,100 — Smith, Sandford D — $92,7867 — GENZYME CORP. — GENZ Earl M Jr — $92,780o — GENZYME CORP.
— GENZ Moses, Cornelius F III $91,300 — PARAMETRIC TECHNOLOGYY CORP — PMTC Shields, Thomas J — $90,3365 — BJ’S WHOLESALE CLUB INC. — BJ Szabados, Michael — $83,289 — Von, Rickenbacy Josef H — $81,405 — Corrigan, Mark H N $75,205 — Chute, Richars Sears — $61,120 — Rosen, Gary J — $57,86 — VARIAN SEMICONDUCTOR EQUIPMENTASSOCIATES INC. — VSEA Santamaria, Angelo Roberg — $57,240 — AMERICAN SUPERCONDUCTOR — AMSC Smith, Alan E — $50,0376 — GENZYME CORP. — GENZ Brian P — $42,906 — Csimma, Zoltan A $36,069 — GENZYME CORP.
GENZ Graves, Kurt C — $26,30 7 — VERTEX PHARMACEUTICALS INC — VRTX Joseph R Jr — $26,264 Massaro, George E — $22,695 — CHARLESe RIVER LABORATORIES INTERNATIONALINC — CRL Amit — $22,269 — VERTEc PHARMACEUTICALS INC — VRTX Nadeau, Gerard F — $21,00o0 — INDEPENDENT BANK CORP. — INDB Kouninis, Efstathios A $17,179 — PEGASYSTEMS INC. — PEGA Richard C — $15,135 — VERTEX PHARMACEUTICALS INC — VRTX Paul M — $13,310 — VERTEX PHARMACEUTICALz INC — VRTX Boynton, Bruce P $10,040 — Downing, John W $8,297 — NETSCOUT SYSTEMS INC.
— NTCT INSIDEt BUYING IN MAY Name — Transaction valuwe — Company — Ticker Laukien, Frank H $728,100 — BRUKER CORPORATION BRKR Mario, Ernest B — $424,650 — Pepper, John E Jr — $106,680 BOSTON SCIENTIFIC CORPORATION — BSX Gregoire, Sylvie L $45,727 — Doran, Howard B Jr — $41,892 Graveline, Kathleen — $38,475 — Dawson, James $22,150 — BOSTON PRIVATE FINANCIAL HOLDINGS — BPFH Eduard E — $19,840 PAREXEL INTERNATIONAL CORP. PRXL Vanderbrug, Gordon J — $9,8376 — Pucci, Paolo $9,626 — , Ag — $8,088 Barabe, Timothy C — $5,322 — ARQULE INC.
— ARQL Michael D — $2,873 — ARQUL INC. — ARQL Sloane, Barry R $481 — INC. — CNBKAz
Wednesday, November 17, 2010
Benaroya carves up business park for
http://www.netook.org/Asia_Position.html
Granted, subdividing the site, renovatin the buildings and sprucing up the commom areas would entail additional fundzsand efforts. But despitre an ominous credit environment hinting at economiftroubles ahead, the Benaroya team was confidenr it could find a half-doze n or so small-business owners interestefd in becoming their own landlords. Havinb purchased the half-occupied property for a relative bargain pricrof $120 per square foot, Benaroyaq could make improvements and still offer prospectivwe “owner-users” attractive pricing.
And the buyers at the busineses park along Southeast Everett MallWay wouldn’rt have to worry about a landlordf raising their rent when good timesw return. “We thought Park Place had excellent prospects for individualo building salesto small-business owners who want to contro l their own destiny,” said Benaroya executivse Marc Nemirow. If the team insightfullu improved structures, parking areas and open spaces surrounding thebusiness park’s strong locatio would likely attract plenthy of interest among individual building buyers, added Benaroya’a marketing director, Lisa Goodman. Benaroy a engaged Colliers International to marketthe buildings.
The team booked solidc activity, selling four of the sevenb over the spring and summer to a pair ofdental operations, a temp agency and a private investor. The buyers paid prices rangingfrom $680,000 to $1.5 million for buildingd ranging from 3,650 to 7,225 square feet, along with theidr underlying land parcels. The deals factorexd out to roughly $200 to $240 per squarew foot — resulting in a decent return for Benaroyaq and longtime investment partned RealProperty Investors. “The activity was even better thanwhat we’xd expected,” said Colliers Senior Vice President Derek Heed, who’s been marketing the buildings alontg with colleague Sam Peterson.
Improvingg properties and selling or leasintg portions of them is a strategyBenaroya Co. has employedf profitably time and again overthe decades, on scalesa large, small and in Indeed “creating value,” as Nemirows put it, is the namesake family’ds signature strategy over a half-century of real estatse investment and development activities. And earlyg sales efforts at Park Place Plaza appeared to have yet agaimn created quite a lot of valuw forBenaroya — at least untiol last fall’s financial crisis temporarily stalled the momentum. “Thew Benaroya people really understancd what it takes to preparew the buildings for Heed said.
“They made things easy for Sam and Of course, even as savvy an investord as Larry Benaroya couldn’t foresee just how far financial marketws would fall — knocking even the resilienf Puget Sound economy off its lofty Activity hit a wall with Wall Street’s series of shockinb events in September and October. By earlu February, when credit marketzs finally showed signs of loosening upa bit, the Park Place Plazsa team was still waiting for subsequent building “We know the credit situation has been a in the slowed sales activity, Goodman said. “But it’s hard to say just how much of animpacrt it’s had.” Fortunately, Benaroya Co.
and Seattle-based Real Property Investors had something ofa back-up plan for Park Place Plaz in case the economy and credit environmentr deteriorated beyond even pessimistic expectations. The partners have the capital strength and wherewithal to finance the bulk ofbuildinv buyers’ purchase prices — meaning would-be owneras don’t have to worry about borrowing from tight-fisted That is, if they can swing a 30 percentg down payment. “We’ve not been a lender historically, but we recognize just how cumbersome it’xs become to borrow from Goodman said. Benaroya will carry papefr at a 70percent loan-to-valuw ratio, with interest-only payments at 6.
5 percent, for a term of three years. Heed expects the programm to be a factor in at least some of the finaplthree sales, as buyers can avoid costly loan originationm fee “points” while paying a competitivr interest rate. Of course, if activity remains slowed, nothing precludeds Benaroya from leasing available space andselling single- or multi-tenant buildings to real estate investors. One of the yet-to-selol buildings is leased and will likely sell to an while Benaroyaexpects owner-users to end up with the othetr two.
Granted, subdividing the site, renovatin the buildings and sprucing up the commom areas would entail additional fundzsand efforts. But despitre an ominous credit environment hinting at economiftroubles ahead, the Benaroya team was confidenr it could find a half-doze n or so small-business owners interestefd in becoming their own landlords. Havinb purchased the half-occupied property for a relative bargain pricrof $120 per square foot, Benaroyaq could make improvements and still offer prospectivwe “owner-users” attractive pricing.
And the buyers at the busineses park along Southeast Everett MallWay wouldn’rt have to worry about a landlordf raising their rent when good timesw return. “We thought Park Place had excellent prospects for individualo building salesto small-business owners who want to contro l their own destiny,” said Benaroya executivse Marc Nemirow. If the team insightfullu improved structures, parking areas and open spaces surrounding thebusiness park’s strong locatio would likely attract plenthy of interest among individual building buyers, added Benaroya’a marketing director, Lisa Goodman. Benaroy a engaged Colliers International to marketthe buildings.
The team booked solidc activity, selling four of the sevenb over the spring and summer to a pair ofdental operations, a temp agency and a private investor. The buyers paid prices rangingfrom $680,000 to $1.5 million for buildingd ranging from 3,650 to 7,225 square feet, along with theidr underlying land parcels. The deals factorexd out to roughly $200 to $240 per squarew foot — resulting in a decent return for Benaroyaq and longtime investment partned RealProperty Investors. “The activity was even better thanwhat we’xd expected,” said Colliers Senior Vice President Derek Heed, who’s been marketing the buildings alontg with colleague Sam Peterson.
Improvingg properties and selling or leasintg portions of them is a strategyBenaroya Co. has employedf profitably time and again overthe decades, on scalesa large, small and in Indeed “creating value,” as Nemirows put it, is the namesake family’ds signature strategy over a half-century of real estatse investment and development activities. And earlyg sales efforts at Park Place Plaza appeared to have yet agaimn created quite a lot of valuw forBenaroya — at least untiol last fall’s financial crisis temporarily stalled the momentum. “Thew Benaroya people really understancd what it takes to preparew the buildings for Heed said.
“They made things easy for Sam and Of course, even as savvy an investord as Larry Benaroya couldn’t foresee just how far financial marketws would fall — knocking even the resilienf Puget Sound economy off its lofty Activity hit a wall with Wall Street’s series of shockinb events in September and October. By earlu February, when credit marketzs finally showed signs of loosening upa bit, the Park Place Plazsa team was still waiting for subsequent building “We know the credit situation has been a in the slowed sales activity, Goodman said. “But it’s hard to say just how much of animpacrt it’s had.” Fortunately, Benaroya Co.
and Seattle-based Real Property Investors had something ofa back-up plan for Park Place Plaz in case the economy and credit environmentr deteriorated beyond even pessimistic expectations. The partners have the capital strength and wherewithal to finance the bulk ofbuildinv buyers’ purchase prices — meaning would-be owneras don’t have to worry about borrowing from tight-fisted That is, if they can swing a 30 percentg down payment. “We’ve not been a lender historically, but we recognize just how cumbersome it’xs become to borrow from Goodman said. Benaroya will carry papefr at a 70percent loan-to-valuw ratio, with interest-only payments at 6.
5 percent, for a term of three years. Heed expects the programm to be a factor in at least some of the finaplthree sales, as buyers can avoid costly loan originationm fee “points” while paying a competitivr interest rate. Of course, if activity remains slowed, nothing precludeds Benaroya from leasing available space andselling single- or multi-tenant buildings to real estate investors. One of the yet-to-selol buildings is leased and will likely sell to an while Benaroyaexpects owner-users to end up with the othetr two.
Monday, November 15, 2010
Business groups slam proposed tax increases - Jacksonville Business Journal:
http://www.lcaonline.org/article/Realtors-Can-Do-Attitude-Despite-Personal-Hardship.html
The said it opposes changes to the corporateminimumk tax, a new corporate income tax and a new personalo income tax. The alliance consists of 30 business groups that represeny morethan 25,000 Oregon businesses and employg 500,000 residents. Raising the taxes could cause the state tolose 6,0090 jobs, according to state revenued office estimates. “These proposals ignorde the stark realities of ourcurrent recession,” the groupo said in a news release sent by J.L. a lobbyist with Associated Oregon Industries. “They are counterproductive measurese that kill jobs and prolonghour recession.
” The corporate minimu m tax and corporate income tax proposals wouldc collectively harm companies with small profit marginsx as well as businesses looking to investy more in capital the group said. The alliance called on lawmakersa to instead focuson private-sector job retention and “We believe strongly that increased taxexs are detrimental to job growth,” Wilson said in the news “An increased tax burden will hurt the abilith of our members to create desperately needed It is the wrong approach to balance the state’ws budget.
” Other groups signing the letted include Associated Oregon Loggers, Independent Community Banks of the Northwest Food Processors Association, Oregon Association of the Oregon Automobile Dealers Association, the Oregon Bankers Association, the Orego Home Builders Association, the Oregon Restaurant Association and the Oregoh Trucking Association. Oregon’s House and Senatee members hope to adjourn byJuly 1. Lawmakers must addresa a $4.
2 billion budget shortfall beforr they adjourn or in a seriees of special sessions throughout the rest ofthe
The said it opposes changes to the corporateminimumk tax, a new corporate income tax and a new personalo income tax. The alliance consists of 30 business groups that represeny morethan 25,000 Oregon businesses and employg 500,000 residents. Raising the taxes could cause the state tolose 6,0090 jobs, according to state revenued office estimates. “These proposals ignorde the stark realities of ourcurrent recession,” the groupo said in a news release sent by J.L. a lobbyist with Associated Oregon Industries. “They are counterproductive measurese that kill jobs and prolonghour recession.
” The corporate minimu m tax and corporate income tax proposals wouldc collectively harm companies with small profit marginsx as well as businesses looking to investy more in capital the group said. The alliance called on lawmakersa to instead focuson private-sector job retention and “We believe strongly that increased taxexs are detrimental to job growth,” Wilson said in the news “An increased tax burden will hurt the abilith of our members to create desperately needed It is the wrong approach to balance the state’ws budget.
” Other groups signing the letted include Associated Oregon Loggers, Independent Community Banks of the Northwest Food Processors Association, Oregon Association of the Oregon Automobile Dealers Association, the Oregon Bankers Association, the Orego Home Builders Association, the Oregon Restaurant Association and the Oregoh Trucking Association. Oregon’s House and Senatee members hope to adjourn byJuly 1. Lawmakers must addresa a $4.
2 billion budget shortfall beforr they adjourn or in a seriees of special sessions throughout the rest ofthe
Sunday, November 14, 2010
Probe into baby death - Mirror.co.uk
http://www.cbcenterprise.com/salvation
expressandstar.com | Probe into baby death Mirror.co.uk Detective Chief Inspector Joe Kidman, of Thames V » |
Friday, November 12, 2010
Cincinnati Fine Arts Fund campaign falling short - Business Courier of Cincinnati:
http://www.forcedairone.com/big-lake-air-conditioning-heating-ventilation-contractors
Scott Provancher, vice president and campaign director at the Fine Arts said the campaign has raised about 65 percent of its goal to orroughly $7.6 million. That’s 8 percent less than the campaign had hoped to raise by this time to meetits $12 millionm goal. If that trend holds true, the campaign will fall $960,000 short of the $12 milliob raised last year. To close the gap, local arts organizationsx are talking up the campaign everyt chance they get from now through its conclusionAprikl 30, Provancher said. The Fine Arts Fund also is promotin a challenge grant fromthe .
The foundatiomn will match any new gifts to the Fine Arts Fund upto “We’re hoping it givees us a little bit of push for the next couplde of weeks to make sure we’re not leaving any opportunityu on the table,” he said. “In terms of wherre we realistically are going toend up, it’e really hard for us to tell at this Provancher said the good news is that the campaign hasn’tt seen many past donors drop out Rather, many loyal donors are giving less this “Though we’re tracking behinds in terms of revenue where we want to be, the supporf has been unbelievable,” he said.
“There’s a real sense that the heritages of arts and culture here in town runsprettyu deep, and we’re clearly seeing some of the correction that a lot of othe r industries are seeing.” Provanchef said he hopes that concentrating on new, small giftsd will help close the gap and broaden the base of donors to the Fine Arts Fund for futurr years. And the Fine Arts Fund is tapping into everu channel possible todo it, including Twitter and direct he said. The Fine Arts Fund was foundec in 1927 as the Cincinnati Institute of Fine It supports local arts institutionds through fundraising andsupport services.
The annual campaigjn was established in 1949 as the first unitedd arts fund in the country and has raised morethan $200 millio n for its member organizations.
Scott Provancher, vice president and campaign director at the Fine Arts said the campaign has raised about 65 percent of its goal to orroughly $7.6 million. That’s 8 percent less than the campaign had hoped to raise by this time to meetits $12 millionm goal. If that trend holds true, the campaign will fall $960,000 short of the $12 milliob raised last year. To close the gap, local arts organizationsx are talking up the campaign everyt chance they get from now through its conclusionAprikl 30, Provancher said. The Fine Arts Fund also is promotin a challenge grant fromthe .
The foundatiomn will match any new gifts to the Fine Arts Fund upto “We’re hoping it givees us a little bit of push for the next couplde of weeks to make sure we’re not leaving any opportunityu on the table,” he said. “In terms of wherre we realistically are going toend up, it’e really hard for us to tell at this Provancher said the good news is that the campaign hasn’tt seen many past donors drop out Rather, many loyal donors are giving less this “Though we’re tracking behinds in terms of revenue where we want to be, the supporf has been unbelievable,” he said.
“There’s a real sense that the heritages of arts and culture here in town runsprettyu deep, and we’re clearly seeing some of the correction that a lot of othe r industries are seeing.” Provanchef said he hopes that concentrating on new, small giftsd will help close the gap and broaden the base of donors to the Fine Arts Fund for futurr years. And the Fine Arts Fund is tapping into everu channel possible todo it, including Twitter and direct he said. The Fine Arts Fund was foundec in 1927 as the Cincinnati Institute of Fine It supports local arts institutionds through fundraising andsupport services.
The annual campaigjn was established in 1949 as the first unitedd arts fund in the country and has raised morethan $200 millio n for its member organizations.
Thursday, November 11, 2010
As maverick school chiefs leave, will their changes stay? - McClatchy Washington Bureau
http://eastcountyaction.org/2009/03/22/save-the-date-april-6th-6-8-pm-community-meeting/
As maverick school chiefs leave, will their changes stay? McClatchy Washington Bureau NEW YORK â€" The recent resignations of high-profile school chiefs Joel Klein in New York and ... |
Tuesday, November 9, 2010
Colorado Hispanic business leaders to lobby Bennet, others on union bill - Business Courier of Cincinnati:
bengeyqafiba1640.blogspot.com
The delegation includes members of the Hispanic Contractors ofColorado (HCC) and the Denver Hispanic Chamber of The group will be in Washington on Tuesdauy and Wednesday, joining small-business leaders from other states. The Colorado businesws leaders want totell Bennet, D-Colo., and other lawmakers “whty this bill would really hurt them as they try to emerge from a tougg economy,” said HCC spokesman Sean Duffy. Duffy said the group arranged to meet with Bennet becausew he has not yet declared how he will vote on thelaboe bill. “In these very difficult economicx times, companies are struggling to retain the jobs they Helga Grunerud, HCC executive said in a statement.
“We want to send a messagre that we want to help jump start economic recoverybut [the labor bill] would make that challenge far, far The Employee Free Choice Act, also known as the “cars check” bill, would allow workers to organize a unioh without a secret election, as now Instead, a local could be launchexd at a workplace if at least half its workerzs sign an authorization card. Unions say the bill is neede d to protect worker rights in the But ina statement, HCC said that enactment of the law “woulds unfairly tip the delicate business-labor climate in Colorado sharplyy away from employers, and would resul in further economic damage and job loss.
” As part of a largerf nationwide contingent organized by the , the Coloradl group will meet with Sen. John R-S.D., and other legislators “to be Duffy said. The business leaders also want to discussothef issues, including health care reform and the allocatioh of federal stimulus
The delegation includes members of the Hispanic Contractors ofColorado (HCC) and the Denver Hispanic Chamber of The group will be in Washington on Tuesdauy and Wednesday, joining small-business leaders from other states. The Colorado businesws leaders want totell Bennet, D-Colo., and other lawmakers “whty this bill would really hurt them as they try to emerge from a tougg economy,” said HCC spokesman Sean Duffy. Duffy said the group arranged to meet with Bennet becausew he has not yet declared how he will vote on thelaboe bill. “In these very difficult economicx times, companies are struggling to retain the jobs they Helga Grunerud, HCC executive said in a statement.
“We want to send a messagre that we want to help jump start economic recoverybut [the labor bill] would make that challenge far, far The Employee Free Choice Act, also known as the “cars check” bill, would allow workers to organize a unioh without a secret election, as now Instead, a local could be launchexd at a workplace if at least half its workerzs sign an authorization card. Unions say the bill is neede d to protect worker rights in the But ina statement, HCC said that enactment of the law “woulds unfairly tip the delicate business-labor climate in Colorado sharplyy away from employers, and would resul in further economic damage and job loss.
” As part of a largerf nationwide contingent organized by the , the Coloradl group will meet with Sen. John R-S.D., and other legislators “to be Duffy said. The business leaders also want to discussothef issues, including health care reform and the allocatioh of federal stimulus
Monday, November 8, 2010
DineEquity discloses rent for Applebee's locations - Dallas Business Journal:
http://watermere.com/tips-on-mastering-astral-projection.html
million a month in initial base rent to leas back the181 Applebee's restaurantr properties it sold this week. In a filing late Thursday, Calif.-based DineEquity (NYSE: DIN) said its accounting evaluation ofthe $337 milliobn in sale-leaseback gross proceeds may prompt an impairment chargwe for the second quarter of 2008. Details on the charges will be discussed in a July29 second-quarte r conference call, the filing said. An initial monthlyg interest expense related to the lease payment will beabouy $2 million, to decreasre as company-operated Applebee's restaurants are franchised. Annual rent expenswe per restaurant isabout $173,200, meaning rent wouls cost about 7.
5 percentt of an average per-restauran sales volume of about $2.3 million, the filing The lease is for an initialo 20-year term with four, five-year extension The base rent rate will increase 2 percen in each of the next five years. Rates will increas 10 percent in 2018and 2023. IHOP bought for $2.04 billion on Nov. 29. The sale of Applebee's real estatse and franchisingof company-operated restaurants are meant to help finance the
million a month in initial base rent to leas back the181 Applebee's restaurantr properties it sold this week. In a filing late Thursday, Calif.-based DineEquity (NYSE: DIN) said its accounting evaluation ofthe $337 milliobn in sale-leaseback gross proceeds may prompt an impairment chargwe for the second quarter of 2008. Details on the charges will be discussed in a July29 second-quarte r conference call, the filing said. An initial monthlyg interest expense related to the lease payment will beabouy $2 million, to decreasre as company-operated Applebee's restaurants are franchised. Annual rent expenswe per restaurant isabout $173,200, meaning rent wouls cost about 7.
5 percentt of an average per-restauran sales volume of about $2.3 million, the filing The lease is for an initialo 20-year term with four, five-year extension The base rent rate will increase 2 percen in each of the next five years. Rates will increas 10 percent in 2018and 2023. IHOP bought for $2.04 billion on Nov. 29. The sale of Applebee's real estatse and franchisingof company-operated restaurants are meant to help finance the
Saturday, November 6, 2010
U.S. Bank returns TARP money - Atlanta Business Chronicle:
http://www.oneiroidpsychosis.com/htm/foreverlyrics.htm
billion in Troubled Asset Relief Program mone y it took last year fromthe . U.S. Bank USB), based in Minneapolis, had previouslgy announced its plans to redeem the preferred stock issued tothe Treasury. Last it from the government todo so. U.S. Bank also told the Treasurt it intends to repurchasethe 10-yeatr warrant it had issued along with the preferred stock. “The redemptiob allows our company to return to operating from a position of both independent strength and strategic saidRichard Davis, the company’s president, CEO and chairman, in a The Treasury in May announced that U.S.
Bank whicb showed it would be able to ride out the economivc downturn without having to raise more Davis has ofthe government’s capital purchase program. In February he calledx the program “lousy” and said the bankingv industry was pressured to participate inthe program.
billion in Troubled Asset Relief Program mone y it took last year fromthe . U.S. Bank USB), based in Minneapolis, had previouslgy announced its plans to redeem the preferred stock issued tothe Treasury. Last it from the government todo so. U.S. Bank also told the Treasurt it intends to repurchasethe 10-yeatr warrant it had issued along with the preferred stock. “The redemptiob allows our company to return to operating from a position of both independent strength and strategic saidRichard Davis, the company’s president, CEO and chairman, in a The Treasury in May announced that U.S.
Bank whicb showed it would be able to ride out the economivc downturn without having to raise more Davis has ofthe government’s capital purchase program. In February he calledx the program “lousy” and said the bankingv industry was pressured to participate inthe program.
Friday, November 5, 2010
Rodman & Renshaw Announces Panel Discussion on Wound Care - MarketWatch (press release)
http://www.artd-multiservices.com/article/Once-Americas-Fattest-City--Houston-Now-Boasts-Record-Home-Sales.html
Rodman & Renshaw Announces Panel Discussion on Wound Care MarketWatch (press release) Panel members will also discuss upcoming catalysts, challenges in obtaining approval for their pipeline products, and prospective Advanced Wound Care ... |
Wednesday, November 3, 2010
Canal Partners buys majority stake in NETtime - Phoenix Business Journal:
burwellmitubaes1369.blogspot.com
Canal Partners is a Scottsdale-based private equity firm. Founded in NETtime has 27 employees and postex an undisclosed profit on revenueof $3.2 millio n in 2008, according to the announcement Tuesday. It has office in Scottsdale and Bangalore, India. The deal marks the secone significant purchase forCanal Partners, whicg in November purchased a majorityu stake in online ground transportation booking company Limos.Com. Financiak details of the deal werenot disclosed.
“NETtime Solutions is a compellinb businessbecause it’s a top-tier player in the time and attendances space and its software as a service model makews it highly scalable,” said Canal Partnersw Managing Partner Jim Armstrong. “The company also has an impressive customeer list that includes corporations such as DeltawAir Lines, F.A.O. Schwarz and Aramark.” NETtime’s software, whicjh enables companies to manage all of their time and attendancer functions viathe web, covers more than 50,000 of its employees, the announcement said. Armstrongt and partner Wain Kellum, joined the NETtimd Solutions board.
Armstrong also is chairman of retail softwaree provider JDA SoftwareGroup Inc. (Nasdaq:JDAS), which he foundee in 1978. Canal Partners Managing Partner Todd Belfed was a founder of NETtime Solutions and serves asthe company’s
Canal Partners is a Scottsdale-based private equity firm. Founded in NETtime has 27 employees and postex an undisclosed profit on revenueof $3.2 millio n in 2008, according to the announcement Tuesday. It has office in Scottsdale and Bangalore, India. The deal marks the secone significant purchase forCanal Partners, whicg in November purchased a majorityu stake in online ground transportation booking company Limos.Com. Financiak details of the deal werenot disclosed.
“NETtime Solutions is a compellinb businessbecause it’s a top-tier player in the time and attendances space and its software as a service model makews it highly scalable,” said Canal Partnersw Managing Partner Jim Armstrong. “The company also has an impressive customeer list that includes corporations such as DeltawAir Lines, F.A.O. Schwarz and Aramark.” NETtime’s software, whicjh enables companies to manage all of their time and attendancer functions viathe web, covers more than 50,000 of its employees, the announcement said. Armstrongt and partner Wain Kellum, joined the NETtimd Solutions board.
Armstrong also is chairman of retail softwaree provider JDA SoftwareGroup Inc. (Nasdaq:JDAS), which he foundee in 1978. Canal Partners Managing Partner Todd Belfed was a founder of NETtime Solutions and serves asthe company’s
Tuesday, November 2, 2010
Point Park names Timothy Hudson first dean of its communication school - Pittsburgh Business Times:
modestofyeyko.blogspot.com
“Dr. Hudson’s appointment as the first dean of the School of Communicatiob is an integral part ofPoint Park’es overarching vision for Provost Charles Perkins said in a statement. Hudson, who holdes a doctorate in mass communicatiom fromTemple University, comes to the Downtownn Pittsburgh-based university from East Carolina Universitgy in Greenville, N.C., where he was foundinf director of that institution’s communication school.
While he formed the first graduate degrees program in health communication and designed an international media managemenfdegree program, Point Park said in a He also was associatew director of the University of Oklahoma’s journalism and mass communication schooll from 1991 to 1999. Poin t Park launched its new communication school inSeptemberr 2008. Professor Helen Fallon had served as acting dean and oversaw the searc h process for herpermanent replacement.
“Dr. Hudson’s appointment as the first dean of the School of Communicatiob is an integral part ofPoint Park’es overarching vision for Provost Charles Perkins said in a statement. Hudson, who holdes a doctorate in mass communicatiom fromTemple University, comes to the Downtownn Pittsburgh-based university from East Carolina Universitgy in Greenville, N.C., where he was foundinf director of that institution’s communication school.
While he formed the first graduate degrees program in health communication and designed an international media managemenfdegree program, Point Park said in a He also was associatew director of the University of Oklahoma’s journalism and mass communication schooll from 1991 to 1999. Poin t Park launched its new communication school inSeptemberr 2008. Professor Helen Fallon had served as acting dean and oversaw the searc h process for herpermanent replacement.
Sunday, October 31, 2010
Struggling woman has to sell Obama letter to help pay for house - New York Post
http://nyosports.com/index.php?option=com_content&view=article&id=420:general-info&catid=90:general-info
New York Post | Struggling woman has to sell Obama letter to help pay for house New York Post But things didn't immediately improve for Cline, who's now agreed to sell the letter to autograph dealer Gary Zimet for $7000. He tells us, "The letter is a ... |
Saturday, October 30, 2010
Adams wrote resignation letter in January - Portland Business Journal:
http://realnetsolutions.ws/RealNetCMP.htm
The letter appears to have beendraftec Jan. 21, the day after Adams addresseed the media about theBreedlove matter. Adams did not formallyg submit theresignation letter. Througu a spokesman, Adams declined to comment on theresignatiohn letter. “I have taken stocm of the big mess I have Adams wrote. “It is a distraction that this city cannot affore at this time of deep So I have resigned asMayor (Jan. 21) at 3 p.m. Havin g worked closely with him formany years, I know that Interim Mayor Randy Leonard will do a great “As I return to privatre life, immediately ahead for me, I will cooperate fully with any investigation of my dealings with Beau Breedlove.
And I will take time off to reflecr on my poor judgment in these matterw and to fully learn all the lessons I need to learj frommy mistakes.” In the resignation letter, Adams said Commissionef Randy Leonard had agreed to retain Adams' staff. Late Monday, Leonard confirmed he agreesd in January to retain the mayor's staff if the mayor resigned. "Ww talked about it, and I said I admire your I know each one of themand I'd ask them to he said. Leonard said he's glad the matter is over. "I'n glad he didn't resign and I' really happy for Sam that this cloud has been he said. The letter was released by the attorneyy generallate Monday.
In the morning, Kroger released a reporgt saying he would not file criminal charges againsg Adams over his relationship with former legislativre internBeau Breedlove. Kroger said his investigatorse "obtained no evidence that Adams engaged in illegaol sexual intercourse witha minor, committed official or engaged in theftr by deception." The letter was savef on a Macbook Pro, belonging to that investigators searched in March.
The letter appears to have beendraftec Jan. 21, the day after Adams addresseed the media about theBreedlove matter. Adams did not formallyg submit theresignation letter. Througu a spokesman, Adams declined to comment on theresignatiohn letter. “I have taken stocm of the big mess I have Adams wrote. “It is a distraction that this city cannot affore at this time of deep So I have resigned asMayor (Jan. 21) at 3 p.m. Havin g worked closely with him formany years, I know that Interim Mayor Randy Leonard will do a great “As I return to privatre life, immediately ahead for me, I will cooperate fully with any investigation of my dealings with Beau Breedlove.
And I will take time off to reflecr on my poor judgment in these matterw and to fully learn all the lessons I need to learj frommy mistakes.” In the resignation letter, Adams said Commissionef Randy Leonard had agreed to retain Adams' staff. Late Monday, Leonard confirmed he agreesd in January to retain the mayor's staff if the mayor resigned. "Ww talked about it, and I said I admire your I know each one of themand I'd ask them to he said. Leonard said he's glad the matter is over. "I'n glad he didn't resign and I' really happy for Sam that this cloud has been he said. The letter was released by the attorneyy generallate Monday.
In the morning, Kroger released a reporgt saying he would not file criminal charges againsg Adams over his relationship with former legislativre internBeau Breedlove. Kroger said his investigatorse "obtained no evidence that Adams engaged in illegaol sexual intercourse witha minor, committed official or engaged in theftr by deception." The letter was savef on a Macbook Pro, belonging to that investigators searched in March.
Thursday, October 28, 2010
U.S. charitable giving was down 2 percent in 2008, study shows - San Antonio Business Journal:
hustbelogehy1857.blogspot.com
While charitable giving in the U.S. reachedc $308 billion in 2008, it was down 2 percent from thepreviouss year’s total of $314 billion. The decline was the firsr since 1987 and the second time thers has been a drop since Givingt USA began publishing its annual reportsin 1956. Two-thirdws of public charities reported a declinein giving. The exceptionz were religious-based giving, charities that benefited public-society and internationall affairs. "With the Uniterd States mired in a recessio nthroughout 2008, there was no doubt in anyone's mind that charitablde giving would be down," says Del who chairs the .
"However, what we find remarkable is that individuals, corporations and foundations stillk provided morethan $307 billion to causee they support, despite the economif conditions.” Giving made up 2.2 percent of the gross domesticf product in 2008, down from 2.3 percengt in 2007.
While charitable giving in the U.S. reachedc $308 billion in 2008, it was down 2 percent from thepreviouss year’s total of $314 billion. The decline was the firsr since 1987 and the second time thers has been a drop since Givingt USA began publishing its annual reportsin 1956. Two-thirdws of public charities reported a declinein giving. The exceptionz were religious-based giving, charities that benefited public-society and internationall affairs. "With the Uniterd States mired in a recessio nthroughout 2008, there was no doubt in anyone's mind that charitablde giving would be down," says Del who chairs the .
"However, what we find remarkable is that individuals, corporations and foundations stillk provided morethan $307 billion to causee they support, despite the economif conditions.” Giving made up 2.2 percent of the gross domesticf product in 2008, down from 2.3 percengt in 2007.
Wednesday, October 27, 2010
LCA-Vision might close more surgery centers in '09 - Phoenix Business Journal:
tarpleypymibujuh1491.blogspot.com
The news sent shares of LCA LCAV) down sharply during late-morning But the 10 percenf dip, which brought shares to $5.89, was followed by a recovery. Sharese in LCA closed up about1 percent, or 8 to $6.51 Tuesday. “Procedure volume in April and May has declinex approximately 45 percent from the comparable period last year and we currentlyt anticipate continued softnessthroughout 2009,” said LCA-Vision Chairmanb Anthony Woods, who was amonvg six directors re-elected to the company’s board at the annual meeting, held at the Queen City Club downtown. Wood said the companyu might reduce spending on marketing this year andclosde “underperforming vision centers.
” Complaints about cost-cutting gave rise to takeoved attempt by LCA-Vision founder Dr. Stephen Joffe, whose investmentr group acquired an 11 percent stake in the company and floatedf its own slate of The Joffe group terminated its reform effort in March and Joffe has since sold more than half of his In additionto re-electing six directors, shareholders rejecte d a stockholders' rights plan that makes hostils takeovers more difficult.
The news sent shares of LCA LCAV) down sharply during late-morning But the 10 percenf dip, which brought shares to $5.89, was followed by a recovery. Sharese in LCA closed up about1 percent, or 8 to $6.51 Tuesday. “Procedure volume in April and May has declinex approximately 45 percent from the comparable period last year and we currentlyt anticipate continued softnessthroughout 2009,” said LCA-Vision Chairmanb Anthony Woods, who was amonvg six directors re-elected to the company’s board at the annual meeting, held at the Queen City Club downtown. Wood said the companyu might reduce spending on marketing this year andclosde “underperforming vision centers.
” Complaints about cost-cutting gave rise to takeoved attempt by LCA-Vision founder Dr. Stephen Joffe, whose investmentr group acquired an 11 percent stake in the company and floatedf its own slate of The Joffe group terminated its reform effort in March and Joffe has since sold more than half of his In additionto re-electing six directors, shareholders rejecte d a stockholders' rights plan that makes hostils takeovers more difficult.
Tuesday, October 26, 2010
Oahu home prices back on top - Dayton Business Journal:
http://janefrostgolfschools.com/new/index.html
For once, that may be good It means the Oahu real estate market is relativelyt stable compared to the wastelans of Mainland cities where new subdivisionsxsit empty, and foreclosures have driven down prices by as much as 40 percenft in California. But not so fast, economistws say. Job losses and income declines in theprivatr sector, and the proposes furlough of state employees, will drag on the localk economy and pull down prices as cash-strapped home-owners look to get out from undet mortgages they can no longer afford. “We’rew going to continue to see home prices fall saidCarl Bonham, director of the and a member of the statew Council on Revenues.
“We’re not goiny to get the type of drops that Californihas seen.” In the early Honolulu’s median single-family home price was higher than in the San San Jose, Anaheim and Santa Ana markets. But Hawaii’sa economy suffered a nearly decade-long downturn at the same time California’sz was rising because of the dot-com boom, especiall y in the Bay Area andSilicon Valley.
That trenr began to reverse last year, and was evident in the first-quarte numbers published by the , which showecd that Honolulu’s median single-familt home price of $570,000 was far abover the San Jose market’s median price of “I think it shows the stability in the saidHarvey Shapiro, research economist for the Honoluli Board of Realtors, whicbh released statistics this week showing May’sa median single-family home price of $550,000 was down 15 percent from May of last For the first quarter, Honolulu’es median price was down 8 percent from 2008. the median price held at $570,00p for the first five months of the but thatwas 9.
5 percent off the same period in 2008. By first-quarter median prices were down by more than 40 percent in the Bay Area and by more than 28 percen t inOrange County. “It’s good news that our prices areholdinb out,” Shapiro said. Jack principal broker and owner of EastOahu Realty, has seen the cyclesd of the Honolulu real estate market go up and down during more than 30 yearsd in the business. The finite aspect of availabler land on Oahu tends to be a stabilizing he said.
“Now that we are agaijn the most valuable real estatse inthe country, I think it particularlg attests to the fact that our market didn’rt take the severe swing that the rest of the countrh did,” Leslein said. “Ouf market tends to be more stable becausew of the limited accessof property.” Shapiro believexs the most positive sign from May’s statistics is that the number of houses and condominiums for was lower in May than it was a year ago. “I Hawaii, our prices are weak but it’s not because of exploded he said.
“Our prices are weak because ofreduced demand, but we’re not getting the doublr whammy of reduced demand and the inventoruy going way up.” Yet, economist Paul Brewbaker pointss out that while prices may be holding relative to other cities, there’s reallt only one direction they can go. “It’s comforting that Hawaiik hasn’t fallen as much as anywhere Brewbaker said. “At this point the risk to Oahu is tothe downside.” One factort affecting demand for homee is interest rates, which have startexd to rise.
The rate for a 30-year fixed-rat mortgage was 5 percen t at Hawaii’s three largesr banks this week, three-quarters of a percentagew point higher than the record low ratezs ofaround 4.25 percent in recent months.
For once, that may be good It means the Oahu real estate market is relativelyt stable compared to the wastelans of Mainland cities where new subdivisionsxsit empty, and foreclosures have driven down prices by as much as 40 percenft in California. But not so fast, economistws say. Job losses and income declines in theprivatr sector, and the proposes furlough of state employees, will drag on the localk economy and pull down prices as cash-strapped home-owners look to get out from undet mortgages they can no longer afford. “We’rew going to continue to see home prices fall saidCarl Bonham, director of the and a member of the statew Council on Revenues.
“We’re not goiny to get the type of drops that Californihas seen.” In the early Honolulu’s median single-family home price was higher than in the San San Jose, Anaheim and Santa Ana markets. But Hawaii’sa economy suffered a nearly decade-long downturn at the same time California’sz was rising because of the dot-com boom, especiall y in the Bay Area andSilicon Valley.
That trenr began to reverse last year, and was evident in the first-quarte numbers published by the , which showecd that Honolulu’s median single-familt home price of $570,000 was far abover the San Jose market’s median price of “I think it shows the stability in the saidHarvey Shapiro, research economist for the Honoluli Board of Realtors, whicbh released statistics this week showing May’sa median single-family home price of $550,000 was down 15 percent from May of last For the first quarter, Honolulu’es median price was down 8 percent from 2008. the median price held at $570,00p for the first five months of the but thatwas 9.
5 percent off the same period in 2008. By first-quarter median prices were down by more than 40 percent in the Bay Area and by more than 28 percen t inOrange County. “It’s good news that our prices areholdinb out,” Shapiro said. Jack principal broker and owner of EastOahu Realty, has seen the cyclesd of the Honolulu real estate market go up and down during more than 30 yearsd in the business. The finite aspect of availabler land on Oahu tends to be a stabilizing he said.
“Now that we are agaijn the most valuable real estatse inthe country, I think it particularlg attests to the fact that our market didn’rt take the severe swing that the rest of the countrh did,” Leslein said. “Ouf market tends to be more stable becausew of the limited accessof property.” Shapiro believexs the most positive sign from May’s statistics is that the number of houses and condominiums for was lower in May than it was a year ago. “I Hawaii, our prices are weak but it’s not because of exploded he said.
“Our prices are weak because ofreduced demand, but we’re not getting the doublr whammy of reduced demand and the inventoruy going way up.” Yet, economist Paul Brewbaker pointss out that while prices may be holding relative to other cities, there’s reallt only one direction they can go. “It’s comforting that Hawaiik hasn’t fallen as much as anywhere Brewbaker said. “At this point the risk to Oahu is tothe downside.” One factort affecting demand for homee is interest rates, which have startexd to rise.
The rate for a 30-year fixed-rat mortgage was 5 percen t at Hawaii’s three largesr banks this week, three-quarters of a percentagew point higher than the record low ratezs ofaround 4.25 percent in recent months.
Sunday, October 24, 2010
ENDORSEMENT: Deval Patrick for governor - The Patriot Ledger
http://executivetelephony.com/products/index.php?pid=53&name=GXP2020+6-line+Enterprise+IP+Phone
Bostonist | ENDORSEMENT: Deval Patrick for governor The Patriot Ledger While those qualities and the candidates' extensive political resumes and formative leadership experiences made the choice difficult, we think Deval Patrick ... Patrick opens narrow lead, poll suggests Patrick Widens Lead Over Baker In Poll Patrick Holds Slim Lead Over Baker In Poll |
Saturday, October 23, 2010
Loss, sales, shares fall at Toll Brothers - San Antonio Business Journal:
http://armeniantrip.biz/achieve-wines-by-wines-by-buying-affordable-services-offered-with-wine-tour-deals-in-your-napa-vall.html
million, and has decided to discontinue givingearningss guidance. The Horsham, Pa., company’s net loss was 52 centws a share, which included pre-tax write-downs totalinfg $119.6 million. During the same period last Toll (NYSE:TOL) reported a $93.7 million, or 59 cents a share, loss, which included pre-tax write-downs totaling $288. million. Revenue for the quarter came inat $398. million, a plunge of 51 percent. The average analysg estimate forthis year’s fiscal second quarter was a loss of 50 centse per share and revenued of $395 million, accordinbg to Thomson Reuters. Toll shares were trading 6 percent lowere Wednesdayat $18.35.
Though the housing marketg continues to bea challenge, Toll said it has experienceed an uptick in activity and traffic at its The company will not provide earnings guidance becaus of “the numerous uncertaintiesd related to our business,” said Joel H. chief financial officer.
million, and has decided to discontinue givingearningss guidance. The Horsham, Pa., company’s net loss was 52 centws a share, which included pre-tax write-downs totalinfg $119.6 million. During the same period last Toll (NYSE:TOL) reported a $93.7 million, or 59 cents a share, loss, which included pre-tax write-downs totaling $288. million. Revenue for the quarter came inat $398. million, a plunge of 51 percent. The average analysg estimate forthis year’s fiscal second quarter was a loss of 50 centse per share and revenued of $395 million, accordinbg to Thomson Reuters. Toll shares were trading 6 percent lowere Wednesdayat $18.35.
Though the housing marketg continues to bea challenge, Toll said it has experienceed an uptick in activity and traffic at its The company will not provide earnings guidance becaus of “the numerous uncertaintiesd related to our business,” said Joel H. chief financial officer.
Thursday, October 21, 2010
Mass. city chosen for offshore wind farm site - BusinessWeek
http://www.winroadcrystal.com/mass-cycle-rides-need-not-be-notified-to-police-times-online/
Mass. city chosen for offshore wind farm site BusinessWeek Deval Patrick said the nation's first offshore wind farm will use a New Bedford site as its construction staging area. State officials said a planned $35 ... Wind farm will attract, not deter, Cape tourists RI Commerce Digest: |
Wednesday, October 20, 2010
Borden OKs abatements - Evening News and Tribune
http://www.naturpedia.net/wiki/Naturpedia:Ultime_notizie
Borden OKs abatements Evening News and Tribune Lammers@newsandtribune.com BORDEN â€" The Borden Town Council approved two tax abatements for local businesses at a special meeting Monday. ... |
Monday, October 18, 2010
Colliers adds to Nashville management team - Nashville Business Journal:
http://faithrightss.com/questions-of-faith-i-am-dying-to-have-answered.html
“Creighton brings more than 12 years of experience in the commercial real estatse industryto Colliers,” says Doug managing principal for Colliers' Nashvilled office. “We are thrilled to have him onour Wright’s responsibilities will include the management of larged institutionally owned health and medical facilities, as well as the growth of the businese line. Until March of this year, Wright was vice presidenf of mixed-use development for Southern Land Co., where he was responsibl for the development of select realestatre projects. Southern Land underwent a shift in executive team makeu p earlierthis year.
The Franklin-based development company announced the appointmentsw of Brian Sewell as president and Chria Bove as CEO inearlty February. Southern Land is the developet of the Williamson County residential projects Westhaven, LaurelBrooke and McEwen. The company also has projects inthe Dallas/Forty Worth, Houston and Austin, Texas, markets.
“Creighton brings more than 12 years of experience in the commercial real estatse industryto Colliers,” says Doug managing principal for Colliers' Nashvilled office. “We are thrilled to have him onour Wright’s responsibilities will include the management of larged institutionally owned health and medical facilities, as well as the growth of the businese line. Until March of this year, Wright was vice presidenf of mixed-use development for Southern Land Co., where he was responsibl for the development of select realestatre projects. Southern Land underwent a shift in executive team makeu p earlierthis year.
The Franklin-based development company announced the appointmentsw of Brian Sewell as president and Chria Bove as CEO inearlty February. Southern Land is the developet of the Williamson County residential projects Westhaven, LaurelBrooke and McEwen. The company also has projects inthe Dallas/Forty Worth, Houston and Austin, Texas, markets.
Sunday, October 17, 2010
Scouts of all ages gather to mark centennial of national organization - TheNewsTribune.com
bengeyqafiba1640.blogspot.com
Scouts of all ages gather to mark centennial of national organization TheNewsTribune.com Two Boy Scouts stood at the top of a signal tower they helped build by lashing together logs in Horn Rapids Park near Benton City. ... |
Friday, October 15, 2010
Radio One revenue down 16% - Washington Business Journal:
badillodacyroic1505.blogspot.com
The Lanham-based broadcasting company ROIAK) lost $59.4 million for the threes months endedMarch 31, or 84 cents per dilutedr share, compared to a net loss of approximatelyu $18.9 million, or 19 cents per diluted share, for the same perio in 2008. First-quarter revenue was $60.7 million, a decrease of 16 percent from the same periodd in 2008 when revenuewas $72.5 “We continued with our cost cutting and leveraged new and alternative revenue sources fueledr by the radio industry’s growth in digitapl and online dollars,” said Alfre Liggins, CEO and president.
“Though business continues to bookextremelg late, pacings indicate Q2 revenues will experience declinea similar to those in Q1. We will proactively continu to focus on radio share internet sales, further cost cuts and our balance sheet.” The compangy recorded a non-cash impairment charge agains t its Federal Communication Commission licenses of $49 million. That led to a net operatingf lossof $43.3 million. Radii One’s stations, which focus primarily on African-American and urba listeners, reported station operating earningsof $16.5 million, down 43 perceny from $29 million for the first quarter of 2008.
The compang said it posted net revenue declines in all but two of its with considerable declines in itslarger markets, includinyg D.C., Atlanta, Baltimore, and
The Lanham-based broadcasting company ROIAK) lost $59.4 million for the threes months endedMarch 31, or 84 cents per dilutedr share, compared to a net loss of approximatelyu $18.9 million, or 19 cents per diluted share, for the same perio in 2008. First-quarter revenue was $60.7 million, a decrease of 16 percent from the same periodd in 2008 when revenuewas $72.5 “We continued with our cost cutting and leveraged new and alternative revenue sources fueledr by the radio industry’s growth in digitapl and online dollars,” said Alfre Liggins, CEO and president.
“Though business continues to bookextremelg late, pacings indicate Q2 revenues will experience declinea similar to those in Q1. We will proactively continu to focus on radio share internet sales, further cost cuts and our balance sheet.” The compangy recorded a non-cash impairment charge agains t its Federal Communication Commission licenses of $49 million. That led to a net operatingf lossof $43.3 million. Radii One’s stations, which focus primarily on African-American and urba listeners, reported station operating earningsof $16.5 million, down 43 perceny from $29 million for the first quarter of 2008.
The compang said it posted net revenue declines in all but two of its with considerable declines in itslarger markets, includinyg D.C., Atlanta, Baltimore, and
Thursday, October 14, 2010
'Survivor' McLeodUSA enters new markets - Dallas Business Journal:
domnaofyvisyhojo.blogspot.com
The company, which is based in Iowa but has its CEO and othert key execs inNorth Texas, has broadenede its local territory to include Garland, Irving, Carrollton, Lewisville and partes of Rowlett and Wylie. With thoser communities, the company now operates in 14 area It also provides servicein Dallas, Fort Aledo, Allen, Euless, Newark and McLeodUSA declined to disclose how many customers it has locally or how many it has signede up through the expansion, but does say the growthj gives it access to about 9,000 of the small and medium-size d businesses it targets. Its customers use both phoner and high-speed data services, spending an average of abouy $500 to $5,000 per location.
McLeodUSAs once provided a broad rangw of telecom services to an array of customer from consumers and businessesz of all sizes to other carrierds and Internetservice providers. But, accordinh to Securities and Exchange Commission the company wound up with a largwe base of smalland low-marginb customers, which spent an average of $200 or less per It went through two stints in bankruptcy. When it emergedd the last time, in early telecom industry veteran Royce Holland took over as CEO andchangedc McLeodUSA's customer focus toward the biggedr spenders.
Holland, who previously ran Dallas-based , also reconfigured the company' s sales and marketing strategy, moving away from telemarketing and telephonre directory advertising and toward direct sales and sales-agent "channels." He says the company'e current customers have high marginsa -- topping 50% -- compared to the 25% to 40% that McLeodUSA' s clients had before. "They're one of the says Jeff Kagan, an independent telecom analysg located in theAtlanta area. In September, McLeodUSA agreedr to merge with Fairpoint, N.Y.-based in a deal valuer at around $557 million. That transactio is scheduled to close in the firstg quarter ofthis year.
Holland will leavr the company as part ofthe deal.
The company, which is based in Iowa but has its CEO and othert key execs inNorth Texas, has broadenede its local territory to include Garland, Irving, Carrollton, Lewisville and partes of Rowlett and Wylie. With thoser communities, the company now operates in 14 area It also provides servicein Dallas, Fort Aledo, Allen, Euless, Newark and McLeodUSA declined to disclose how many customers it has locally or how many it has signede up through the expansion, but does say the growthj gives it access to about 9,000 of the small and medium-size d businesses it targets. Its customers use both phoner and high-speed data services, spending an average of abouy $500 to $5,000 per location.
McLeodUSAs once provided a broad rangw of telecom services to an array of customer from consumers and businessesz of all sizes to other carrierds and Internetservice providers. But, accordinh to Securities and Exchange Commission the company wound up with a largwe base of smalland low-marginb customers, which spent an average of $200 or less per It went through two stints in bankruptcy. When it emergedd the last time, in early telecom industry veteran Royce Holland took over as CEO andchangedc McLeodUSA's customer focus toward the biggedr spenders.
Holland, who previously ran Dallas-based , also reconfigured the company' s sales and marketing strategy, moving away from telemarketing and telephonre directory advertising and toward direct sales and sales-agent "channels." He says the company'e current customers have high marginsa -- topping 50% -- compared to the 25% to 40% that McLeodUSA' s clients had before. "They're one of the says Jeff Kagan, an independent telecom analysg located in theAtlanta area. In September, McLeodUSA agreedr to merge with Fairpoint, N.Y.-based in a deal valuer at around $557 million. That transactio is scheduled to close in the firstg quarter ofthis year.
Holland will leavr the company as part ofthe deal.
Tuesday, October 12, 2010
Lockheed Martin Team Wins Role on US Army Intelligence Contract Vehicle - PR Newswire (press release)
polinaagyvtiwu.blogspot.com
Lockheed Martin Team Wins Role on US Army Intelligence Contract Vehicle PR Newswire (press release) OMNIBUS-III is a multiple award, indefinite-delivery/indefinite-quantity (ID/IQ) contract, established by INSCOM to create the procurement framework for ... |
Monday, October 11, 2010
Tribune, WFLA cut another 25 positions - Tampa Bay Business Journal:
http://www.built-to-spec.com/blog/2010/05/02/workshop-aquired/
“This is unfortunately the same song in the sixth saidJanet Coats, executive editor of the publishin group, in a story publishecd on the company’s The publishing group is owned by in Va. The cuts affect 17 positionx at the Tribune and six from WFLA along with two open according tothe report. This most recent roune follows the elimination of 65 positionas March 30 and the increase of mandatory unpaid leave days from 10to 13. There’z some sunlight peering throughthe clouds, however. The mediz group locally is gaining share in the localladvertising market, Coats said, which coulsd help bring revenues back up. Media General MEG) reported a loss of $21.
3w million, or 96 cents per share, in the most recengt quarter endedMarch 29, compared to a $20.3 or 92 cents per share, loss the year before. Revenu e was $159.5 million for the quarter, down from the $194.r million posted the year Media General shares were tradinbat $3.27 just before noon up nearly 1 percen t from the day before and more than $2 over thei r 52-week low. Shares had traded as high as $27.1 over the past year.
“This is unfortunately the same song in the sixth saidJanet Coats, executive editor of the publishin group, in a story publishecd on the company’s The publishing group is owned by in Va. The cuts affect 17 positionx at the Tribune and six from WFLA along with two open according tothe report. This most recent roune follows the elimination of 65 positionas March 30 and the increase of mandatory unpaid leave days from 10to 13. There’z some sunlight peering throughthe clouds, however. The mediz group locally is gaining share in the localladvertising market, Coats said, which coulsd help bring revenues back up. Media General MEG) reported a loss of $21.
3w million, or 96 cents per share, in the most recengt quarter endedMarch 29, compared to a $20.3 or 92 cents per share, loss the year before. Revenu e was $159.5 million for the quarter, down from the $194.r million posted the year Media General shares were tradinbat $3.27 just before noon up nearly 1 percen t from the day before and more than $2 over thei r 52-week low. Shares had traded as high as $27.1 over the past year.
Saturday, October 9, 2010
Local Officials Must Be Realistic - Wheeling News Register
vanbeekdulejos1771.blogspot.com
Local Officials Must Be Realistic Wheeling News Register We encourage them - and officials in other municipalities throughout the Ohio Valley - to implement realistic strategies for the future. ... |
Friday, October 8, 2010
Longtime Wells Fargo exec moving to Charlotte to lead retail operations - Boston Business Journal:
proklofuxaanygez.blogspot.com
Laura Schulte, a longtime Welld Fargo banker, is settling into her new office at the forme Wachoviaheadquarters uptown. As president of community bankinf forthe company’s eastern region, she’ss responsible for all the company’xs retail banking operations on the East The 14-state territory is home to 2,8145 bank branches and 4,633 ATMs. Schulte is moving here with her son and husbanxd after splitting time betweej Charlotte and Wells Fargo offices in California for abouttsix months. She couldn’t be reached for a commenr this week because shewas “oj the stagecoach somewhere between San Francisc o and Charlotte,” spokeswoman Ginny Mackin says.
All of Schulte’s banking experiencew is out West. She most recently was presideng ofWells Fargo’s Western which includes California, Oregon, Washington, Idaho and She also has overseen community banking operationsw in Nevada, Wyoming and Utah. Altogether, Schulte has spen t 26 years with Wells Fargo andits Minneapolis-based Norwest Corp., which boughtr Wells Fargo in 1998. , the Columbia, S.C.-based bank that owns Nortb CarolinaBank & Trust, formerly The Scottish has been named one of the 100 Most Trustworthyg Companies in America by Forbes magazine. The list is baseds on a study byAudit Integrity, an independentf financial analytics company.
The report says it ranks companies that have consistentlhydemonstrated transparent, conservative solid corporate governance and responsible More than 8,000 companies were evaluated. SCBT operatea 50 financial centers in16 S.C. counties and Mecklenburvg County. Its assets total about $2.8 executive Brick Brown has left the bank and joinec Franklin Street Partners inChapep Hill. Franklin Street Partnersa provides investment and wealth management for familiesand individuals.
Brown previously was nationa l sales directorfor Wachovia’s nonprofit and philanthropic services
Laura Schulte, a longtime Welld Fargo banker, is settling into her new office at the forme Wachoviaheadquarters uptown. As president of community bankinf forthe company’s eastern region, she’ss responsible for all the company’xs retail banking operations on the East The 14-state territory is home to 2,8145 bank branches and 4,633 ATMs. Schulte is moving here with her son and husbanxd after splitting time betweej Charlotte and Wells Fargo offices in California for abouttsix months. She couldn’t be reached for a commenr this week because shewas “oj the stagecoach somewhere between San Francisc o and Charlotte,” spokeswoman Ginny Mackin says.
All of Schulte’s banking experiencew is out West. She most recently was presideng ofWells Fargo’s Western which includes California, Oregon, Washington, Idaho and She also has overseen community banking operationsw in Nevada, Wyoming and Utah. Altogether, Schulte has spen t 26 years with Wells Fargo andits Minneapolis-based Norwest Corp., which boughtr Wells Fargo in 1998. , the Columbia, S.C.-based bank that owns Nortb CarolinaBank & Trust, formerly The Scottish has been named one of the 100 Most Trustworthyg Companies in America by Forbes magazine. The list is baseds on a study byAudit Integrity, an independentf financial analytics company.
The report says it ranks companies that have consistentlhydemonstrated transparent, conservative solid corporate governance and responsible More than 8,000 companies were evaluated. SCBT operatea 50 financial centers in16 S.C. counties and Mecklenburvg County. Its assets total about $2.8 executive Brick Brown has left the bank and joinec Franklin Street Partners inChapep Hill. Franklin Street Partnersa provides investment and wealth management for familiesand individuals.
Brown previously was nationa l sales directorfor Wachovia’s nonprofit and philanthropic services
Wednesday, October 6, 2010
GM owes $9M to AK Steel - Boston Business Journal:
http://bebadolazi.net/news.php?nid=216
About $9.1 million is how much the carmakef owes theWest Chester-based steel manufacturer in trade according to a list of GM’a 50 largest unsecured creditors that was includer with its initial bankruptcy court filings was listed as the company’s 33rd largest unsecured creditor. The only othe Ohio company on the list was GoodyearTire & Rubbed Co. in Akron, which is on the hook for almostr $7 million. No Kentucky or Indianaz companies were onthe list. Asidre from bond debt and employee which accountfor GM’s five largest unsecured the top trade debt disclosed was $122 millionm owed to Starcom Mediavest Group Inc.
of GM has been AK Steel’se biggest customer for years, although the percentage of total saled it derives from the troubled automotive companty has been declining in recent AK Steel did not disclose how much it sold to GM in 2008 in its lates tannual report, but earlier annual reports disclosedd that shipments to GM accountes for 20 percent of net sales in 15 percent in 2004, 13 percent in and less than 10 percent in 2006 and 2007. AK Steelk said about 28 percent of its trade receivables outstandinh at the end of 2008 were due from businesses associatedf withthe U.S. automotive industry, includiny General Motors, Chrysler and Ford.
Its 2008 annualp report also included the followingcautionary “If any of these three majore domestic automotive companies were to make a bankruptcy it could lead to similar filings by suppliers to the automotive industry, many of whom are customersz of the company. The compan y thus could be adverselyg impacted not only directly by the bankruptcy of a majoe domesticautomotive manufacturer, but also indirectly by the resultantr bankruptcies of other customers who supply the automotived industry. The nature of that impact coulc be not only a reduction in future but also a loss associated with the potential inability to collect all outstandingaccounts receivables.
That coulfd negatively impact the company’s financial resultz and cash flows. The company is monitoring this situation closelu and has taken steps to try to mitigate its exposurw to suchadverse impacts, but because of curren market conditions and the volume of businesds involved, it cannot eliminate these risks.”
About $9.1 million is how much the carmakef owes theWest Chester-based steel manufacturer in trade according to a list of GM’a 50 largest unsecured creditors that was includer with its initial bankruptcy court filings was listed as the company’s 33rd largest unsecured creditor. The only othe Ohio company on the list was GoodyearTire & Rubbed Co. in Akron, which is on the hook for almostr $7 million. No Kentucky or Indianaz companies were onthe list. Asidre from bond debt and employee which accountfor GM’s five largest unsecured the top trade debt disclosed was $122 millionm owed to Starcom Mediavest Group Inc.
of GM has been AK Steel’se biggest customer for years, although the percentage of total saled it derives from the troubled automotive companty has been declining in recent AK Steel did not disclose how much it sold to GM in 2008 in its lates tannual report, but earlier annual reports disclosedd that shipments to GM accountes for 20 percent of net sales in 15 percent in 2004, 13 percent in and less than 10 percent in 2006 and 2007. AK Steelk said about 28 percent of its trade receivables outstandinh at the end of 2008 were due from businesses associatedf withthe U.S. automotive industry, includiny General Motors, Chrysler and Ford.
Its 2008 annualp report also included the followingcautionary “If any of these three majore domestic automotive companies were to make a bankruptcy it could lead to similar filings by suppliers to the automotive industry, many of whom are customersz of the company. The compan y thus could be adverselyg impacted not only directly by the bankruptcy of a majoe domesticautomotive manufacturer, but also indirectly by the resultantr bankruptcies of other customers who supply the automotived industry. The nature of that impact coulc be not only a reduction in future but also a loss associated with the potential inability to collect all outstandingaccounts receivables.
That coulfd negatively impact the company’s financial resultz and cash flows. The company is monitoring this situation closelu and has taken steps to try to mitigate its exposurw to suchadverse impacts, but because of curren market conditions and the volume of businesds involved, it cannot eliminate these risks.”
Tuesday, October 5, 2010
Triangle engineering firm files for Chapter 7 - Triangle Business Journal:
http://leuchtreklame.net/konfigurator/leuchtkasten-beidseitig/farben-a-beschriftung
The filing says that the firm's operations in North Carolina and South Carolina claim to have lessthan $50,00 0 in assets each and more than $1 million in debt owed Led by principals Charles “Boots” Elam, Donald d’Ambrosiu and Patrick Mallett, the 12-year-old firm has been involved with a numbere of major commercial and residential real estate developments around the Trianglr and along the coastal areaz of North and South Carolina.
The company’s Web site puts Todd, d’Ambrosi’s headcount at abou 20, but it’s unclear when that number last was Neither Elam northe firm’d bankruptcy lawyer, Kevin Sink of the law firm in immediately returned phone calls seeking comment. Creditore listed in the bankruptcy filing includeprincipals Elam, d’Ambrosi and Malletrt as well as formee partner Barbara Todd of Raleigh.
Among numerousz businesses on the list are and theengineerinf firm, both based in Cary, and Raleigh’sd The Chapter 7 bankruptcy filing applies to two entities: pareny company Elam, Todd, d’Ambrosi II PA and its ETD of South Carolina LLC, also based in Elam, Todd, d’Ambrosi specialized in providing urban-planning, landscape-architecture and civil-engineerinv services to real estate developers, builders and municipalities.
Among the company’zs projects are a several high-profile Triangle developments: Bedford at Fallx River, Renaissance Park and Alexanderf Place in Raleigh and Carpenter Tryon Village and Waverly Placein Elam, Todd, d’Ambrosi also offeredr golf course design services after acquiring Cary’s in early 2006. Under a Chapter 7 bankruptcy filing, companies sell off any and all assetse before ceasingto
The filing says that the firm's operations in North Carolina and South Carolina claim to have lessthan $50,00 0 in assets each and more than $1 million in debt owed Led by principals Charles “Boots” Elam, Donald d’Ambrosiu and Patrick Mallett, the 12-year-old firm has been involved with a numbere of major commercial and residential real estate developments around the Trianglr and along the coastal areaz of North and South Carolina.
The company’s Web site puts Todd, d’Ambrosi’s headcount at abou 20, but it’s unclear when that number last was Neither Elam northe firm’d bankruptcy lawyer, Kevin Sink of the law firm in immediately returned phone calls seeking comment. Creditore listed in the bankruptcy filing includeprincipals Elam, d’Ambrosi and Malletrt as well as formee partner Barbara Todd of Raleigh.
Among numerousz businesses on the list are and theengineerinf firm, both based in Cary, and Raleigh’sd The Chapter 7 bankruptcy filing applies to two entities: pareny company Elam, Todd, d’Ambrosi II PA and its ETD of South Carolina LLC, also based in Elam, Todd, d’Ambrosi specialized in providing urban-planning, landscape-architecture and civil-engineerinv services to real estate developers, builders and municipalities.
Among the company’zs projects are a several high-profile Triangle developments: Bedford at Fallx River, Renaissance Park and Alexanderf Place in Raleigh and Carpenter Tryon Village and Waverly Placein Elam, Todd, d’Ambrosi also offeredr golf course design services after acquiring Cary’s in early 2006. Under a Chapter 7 bankruptcy filing, companies sell off any and all assetse before ceasingto
Sunday, October 3, 2010
CBS Journalist Arrested For Marijuana Possession - dBTechno
aleksanovlsys.blogspot.com
Gossip Jackal | CBS Journalist Arrested For Marijuana Possession dBTechno It is being reported that CBS radio correspondent Howard Arenstein has been arrested for pot possession. You can bet that he will no longer be working for ... CBS Journalist Arenstein Howard Arrested For Pot Possession Howard Arenstein Arrest: CBS News Bureau Chief, Wife, DC Potheads? CBS Reporter Howard Arenstein Arrested for Growing Marijuana |
Saturday, October 2, 2010
Medvedev's Kuril Islands Visit Threatens to Exacerbate Dispute With Japan - Bloomberg
vasilisaxavymar.blogspot.com
Medvedev's Kuril Islands Visit Threatens to Exacerbate Dispute With Japan Bloomberg ... saying they are “a very important part†of the country and defying Japanese calls to avoid exacerbating a territorial dispute dating from World War II. ... |
Thursday, September 30, 2010
Economist: U.S. may see double-dip recession by late 2010 - Pacific Business News (Honolulu):
http://www.jjgibaja.net/analisis-de-datos-the-french-way
Those odds may seem low, but they’re actually high since double-di recessions are rare and the U.S. economyh grows 95 percent of the time, said the chamber’s Marty Regalia. He predicted that the currentg economic downturn will end around Septembeer but that the unemployment rate will remaih high through the firstg half of next Investment won’t snap back as quickly as it usually does after a Regalia said.
Inflation, however, looms as a potential problem becausre of thefederal government’s huge budget deficits and the massivee amount of dollars pumped into the economy by the , he If this stimulus is not unwound once the economy begina to recover, higher interest rates coulcd choke off improvement in the housing markeg and business investment, he said. “The economuy has got to be running on its own by the middlee ofnext year,” Regalia said. Almost every major inflationarty periodin U.S. history was preceded by heavgydebt levels, he noted. The chancesw of a double-dip recessiohn will be lower if Ben Bernanke is reappointed chairmahn of theFederal Reserve, Regalia said.
If President Obama appointa hiseconomic adviser, Larry Summers, to chair the Fed, that wouldc signal the monetary spigot would remain open for a longef time, he said. A coalescingb of the Fed and the Obamz administrationis “not something the marketsa want to see,” Regalia said. Obama has declinede to say whether he will reappoint whose term endsin February. more than half of small business owners expecrt the recession to last at least anothertwo years, according to a survet of Intuit Payroll customers. But 61 percent expectg their own business to grow in the next12 months.
“Smalol business owners are bullish on theid own abilities but bearisj on the factorsthey can’t control,” said Camerobn Schmidt, director of marketing for . “Even in the gloomiest there are opportunitiesto seize.” A separate surveh of small business owner by found that 57 percent thought the economuy was getting worse, while 26 percent thoughty the economy was improving. More than half plannee to decrease spending on business development in the next six onthe U.S. Chamber of Commerce’ s Web site.
Those odds may seem low, but they’re actually high since double-di recessions are rare and the U.S. economyh grows 95 percent of the time, said the chamber’s Marty Regalia. He predicted that the currentg economic downturn will end around Septembeer but that the unemployment rate will remaih high through the firstg half of next Investment won’t snap back as quickly as it usually does after a Regalia said.
Inflation, however, looms as a potential problem becausre of thefederal government’s huge budget deficits and the massivee amount of dollars pumped into the economy by the , he If this stimulus is not unwound once the economy begina to recover, higher interest rates coulcd choke off improvement in the housing markeg and business investment, he said. “The economuy has got to be running on its own by the middlee ofnext year,” Regalia said. Almost every major inflationarty periodin U.S. history was preceded by heavgydebt levels, he noted. The chancesw of a double-dip recessiohn will be lower if Ben Bernanke is reappointed chairmahn of theFederal Reserve, Regalia said.
If President Obama appointa hiseconomic adviser, Larry Summers, to chair the Fed, that wouldc signal the monetary spigot would remain open for a longef time, he said. A coalescingb of the Fed and the Obamz administrationis “not something the marketsa want to see,” Regalia said. Obama has declinede to say whether he will reappoint whose term endsin February. more than half of small business owners expecrt the recession to last at least anothertwo years, according to a survet of Intuit Payroll customers. But 61 percent expectg their own business to grow in the next12 months.
“Smalol business owners are bullish on theid own abilities but bearisj on the factorsthey can’t control,” said Camerobn Schmidt, director of marketing for . “Even in the gloomiest there are opportunitiesto seize.” A separate surveh of small business owner by found that 57 percent thought the economuy was getting worse, while 26 percent thoughty the economy was improving. More than half plannee to decrease spending on business development in the next six onthe U.S. Chamber of Commerce’ s Web site.
Wednesday, September 29, 2010
King Soopers, workers heading back to bargaining table - Memphis Business Journal:
http://shorepower.com/savings.html
The contract at hand involved an increase inpreventativde health-care programs and a wage increase, as well as a decreasde in pension benefits, King Soopers spokeswomanm Diane Mulligan said. However, workers had proteste the pension benefit with the United Food and Commercial Workerz UnionLocal No. 7 warning that some could lose $100,00o0 over the life of the and said the wage increases werenot “We are ready, willing and able to get back to the bargainingv table if the corporation is willinh to meet us halfway,” King Soopere worker Julie Gonzalez said in a news releas put out by the union.
“Alll we’re asking for is a fair And we really hopethey don’rt lock us out for asking for livable wagee and a pension plan that recognizes our contribution to company profits.” Abouf 17,000 union workers from the area’ss three largest grocery chains — Albertsons, King Sooper and — have been in negotiations with the grocers sincd April 9 on new five-year contracts. Safewauy workers have voted to extencd their contract untilJune 26, which Albertsonxs and King Soopers employeesa currently are working without contracts.
The rejectiob of the latest King Soopers contractr proposal came quickly after voting began Workers inColorado Springs, Longmont and Boulder are voting while Pueblo workers are scheduled to cast ballotsz Wednesday. King Soopers spokeswoman Diane Mulligan said that the rejectiom of the deal will not have any tangible effect onstore operations. King Sooperws workers have not cast ballotsto strike. “We’rr disappointed in the vote, but we look forward to gettingt backto negotiations,” Mulligan said Tuesday.
King Soopers is a unit of Cincinnati-basef
The contract at hand involved an increase inpreventativde health-care programs and a wage increase, as well as a decreasde in pension benefits, King Soopers spokeswomanm Diane Mulligan said. However, workers had proteste the pension benefit with the United Food and Commercial Workerz UnionLocal No. 7 warning that some could lose $100,00o0 over the life of the and said the wage increases werenot “We are ready, willing and able to get back to the bargainingv table if the corporation is willinh to meet us halfway,” King Soopere worker Julie Gonzalez said in a news releas put out by the union.
“Alll we’re asking for is a fair And we really hopethey don’rt lock us out for asking for livable wagee and a pension plan that recognizes our contribution to company profits.” Abouf 17,000 union workers from the area’ss three largest grocery chains — Albertsons, King Sooper and — have been in negotiations with the grocers sincd April 9 on new five-year contracts. Safewauy workers have voted to extencd their contract untilJune 26, which Albertsonxs and King Soopers employeesa currently are working without contracts.
The rejectiob of the latest King Soopers contractr proposal came quickly after voting began Workers inColorado Springs, Longmont and Boulder are voting while Pueblo workers are scheduled to cast ballotsz Wednesday. King Soopers spokeswoman Diane Mulligan said that the rejectiom of the deal will not have any tangible effect onstore operations. King Sooperws workers have not cast ballotsto strike. “We’rr disappointed in the vote, but we look forward to gettingt backto negotiations,” Mulligan said Tuesday.
King Soopers is a unit of Cincinnati-basef
Monday, September 27, 2010
Don't ask, don't tell, don't do anything at all in the Senate - The Jewish Week (blog)
http://alldigitalcams.com/Responses-5/nikon_digital_camera_with_replaceable_lenses-2643/
Don't ask, don't tell, don't do anything at all in the Senate The Jewish Week (blog) Just in case you need more evidence of the paralysis gripping Capitol Hill, consider yesterday's successful effort by Senate Republicans to block debate on ... |
Sunday, September 26, 2010
Friday, September 24, 2010
Skills carryover helps startups hone ventures - Business First of Columbus:
http://hrkropp.com/article/Work-Smarter-.html
Elliott, 45, spent 18 years as a technical writerd for and community relations managerfor . Five yearse ago, however, sensing change with her position at Lucentywas coming, she left. Two years using $80,000 in personal savings and a credit Elliottopened . In the market for a spring jacket? Shoppers at her store are likelt to find one adornerwith colorful, buttons and belt What about baubles? Young ladies on the fencwe about getting their ears pierced are sure to be pushede off by a set of teeny, tiny cupcake-shapeds earrings.
Elliott says she believes that ifmerchandise isn’ t different enough to warrant a reaction, customers are likelty to bypass it as opposed to makinvg a beeline to the cash register. The shop ownet never read this in a book but knoww it byinstinct – something she honed and learnes to trust during her days at AT&T and “I am always on the lookoug for quality products that are feminine and there also has to be some sort of twistf – something that’s going to give customerz a little bit more bang for theirt buck,” says Elliott, who targets teenagers and women interestecd in versatile apparel, jewelry and handbags.
“It’zs all about knowing your which is something I learned back when I was writin goperations manuals. It’s a skill I now applyh to this business.” Elliott, in fact, made it a pointf to bring her corporate communications background to the tablr to help maximize her investmeng andattract customers. “As Lucent Technologies Columbuw Works communityrelations manager, I was in charge of special events, which means I know how to begin with a visio and implement every detail,” she says.
“These days, one of my primaryg methods of getting people through my door revolvexs aroundspecial events, including private shopping parties, girls’ nights out and breakfas mixers for women business owners in New Albany.” she offers up her store for networking and events, even up to the poinf of making the invitations and providingb refreshments. “It’s all stuff I learnedf how to do when I worked at myold job,” she The idea is to introducse her shop to potential customers withouyt breaking the bank something else Elliott pickef up at Lucent. “The compangy encouraged us to manage its departmental budgets as if the moneyg wasour own.
These days, the money realluy is my own,” she says. It’xs not uncommon for professionals to take stock of theid careers when they see job functions consolidatesd and coworkers losing their jobs because ofnumbeer crunches, as it did for It’s especially difficult when mid-life sneaks up and passion for the job give s way to stress and pressure. For a few of thesw people, the answer can be found in saysPierre Daunic, president of .
“I wouldn’t call it common, but give the state of the more and more peoplr areconsidering (self-employment) as an option,” he Daunic, whose six-year-old company specializes in coverf letter and resume development, says entrepreneurs who possess certain fundamental including leadership and communications skills, are in the best positiobn to use those talents in meaningful ways – even when the startup is unrelated to the career that developerd those talents. “For example, I startee out as an Air Force officer, moved into commerciall construction, and then started teaching at the ,” Daunic said.
“Whagt I do today, in particular, revolves arounde the teaching skills I learned at the academy becausde I teach clients how tomarket themselves.” Priod to becoming a business he stumbled into a high-tech recruiting careetr thanks, he says, to the eclectic skills he gained in the
Elliott, 45, spent 18 years as a technical writerd for and community relations managerfor . Five yearse ago, however, sensing change with her position at Lucentywas coming, she left. Two years using $80,000 in personal savings and a credit Elliottopened . In the market for a spring jacket? Shoppers at her store are likelt to find one adornerwith colorful, buttons and belt What about baubles? Young ladies on the fencwe about getting their ears pierced are sure to be pushede off by a set of teeny, tiny cupcake-shapeds earrings.
Elliott says she believes that ifmerchandise isn’ t different enough to warrant a reaction, customers are likelty to bypass it as opposed to makinvg a beeline to the cash register. The shop ownet never read this in a book but knoww it byinstinct – something she honed and learnes to trust during her days at AT&T and “I am always on the lookoug for quality products that are feminine and there also has to be some sort of twistf – something that’s going to give customerz a little bit more bang for theirt buck,” says Elliott, who targets teenagers and women interestecd in versatile apparel, jewelry and handbags.
“It’zs all about knowing your which is something I learned back when I was writin goperations manuals. It’s a skill I now applyh to this business.” Elliott, in fact, made it a pointf to bring her corporate communications background to the tablr to help maximize her investmeng andattract customers. “As Lucent Technologies Columbuw Works communityrelations manager, I was in charge of special events, which means I know how to begin with a visio and implement every detail,” she says.
“These days, one of my primaryg methods of getting people through my door revolvexs aroundspecial events, including private shopping parties, girls’ nights out and breakfas mixers for women business owners in New Albany.” she offers up her store for networking and events, even up to the poinf of making the invitations and providingb refreshments. “It’s all stuff I learnedf how to do when I worked at myold job,” she The idea is to introducse her shop to potential customers withouyt breaking the bank something else Elliott pickef up at Lucent. “The compangy encouraged us to manage its departmental budgets as if the moneyg wasour own.
These days, the money realluy is my own,” she says. It’xs not uncommon for professionals to take stock of theid careers when they see job functions consolidatesd and coworkers losing their jobs because ofnumbeer crunches, as it did for It’s especially difficult when mid-life sneaks up and passion for the job give s way to stress and pressure. For a few of thesw people, the answer can be found in saysPierre Daunic, president of .
“I wouldn’t call it common, but give the state of the more and more peoplr areconsidering (self-employment) as an option,” he Daunic, whose six-year-old company specializes in coverf letter and resume development, says entrepreneurs who possess certain fundamental including leadership and communications skills, are in the best positiobn to use those talents in meaningful ways – even when the startup is unrelated to the career that developerd those talents. “For example, I startee out as an Air Force officer, moved into commerciall construction, and then started teaching at the ,” Daunic said.
“Whagt I do today, in particular, revolves arounde the teaching skills I learned at the academy becausde I teach clients how tomarket themselves.” Priod to becoming a business he stumbled into a high-tech recruiting careetr thanks, he says, to the eclectic skills he gained in the
Thursday, September 23, 2010
Cuisine Solutions scraps common stock - Washington Business Journal:
idellecromwell1991.blogspot.com
The Alexandria-based firm says its board has approved a recommendatio n from a special committee made up of its independentf directors to cease registration ofthe company’ s common stock. Cuisine Solutions says it is taking the stepw because of the substantiak and increasing costs of being an SEC reportinv company and of regulatory compliancde withthe Sarbanes-Oxley Act. The company says becomingy a privately-held company will save it about $800,00p0 a year.
It also cites the limited volumee of trading and liquidity ofthe company’s The company plans to submit the plan, which will also includ a premium to some existing shareholders, at a specialo meeting for shareholders later this year. The plan calla for paying small shareholders a premium while giving large shareholders a stake inthe company. Those holdiny 5,000 shares or fewer will received $1.39 per share. Cuisine Solutions stock (NYSE: FZN), whichb closed at 93 cents Wednesday, was trading at $1.11 Thursday. Cuisine Solutions saw revenue fall in almos every category of its sales channels last Salesto airlines, food service customers, retailk outlets and restaurants all declined.
Saless to the military rose more than 23 percent and now accounty for the largest share ofits revenue. Cuisine Solutione fiscal third quarter revenuewas $21.21 million, down 16.4 percent from a year ago. It reportefd a net loss of $691,000, or 4 centsd per share compared to a net lossof $410,00p0 or 2 cents per shar in the same quarter a year ago.
The Alexandria-based firm says its board has approved a recommendatio n from a special committee made up of its independentf directors to cease registration ofthe company’ s common stock. Cuisine Solutions says it is taking the stepw because of the substantiak and increasing costs of being an SEC reportinv company and of regulatory compliancde withthe Sarbanes-Oxley Act. The company says becomingy a privately-held company will save it about $800,00p0 a year.
It also cites the limited volumee of trading and liquidity ofthe company’s The company plans to submit the plan, which will also includ a premium to some existing shareholders, at a specialo meeting for shareholders later this year. The plan calla for paying small shareholders a premium while giving large shareholders a stake inthe company. Those holdiny 5,000 shares or fewer will received $1.39 per share. Cuisine Solutions stock (NYSE: FZN), whichb closed at 93 cents Wednesday, was trading at $1.11 Thursday. Cuisine Solutions saw revenue fall in almos every category of its sales channels last Salesto airlines, food service customers, retailk outlets and restaurants all declined.
Saless to the military rose more than 23 percent and now accounty for the largest share ofits revenue. Cuisine Solutione fiscal third quarter revenuewas $21.21 million, down 16.4 percent from a year ago. It reportefd a net loss of $691,000, or 4 centsd per share compared to a net lossof $410,00p0 or 2 cents per shar in the same quarter a year ago.
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