AFP | Hong Kong, China shares weak, set for August losses Reuters Indices set for monthly losses. * Citic Pacific dives, plagued by iron ore weakness. * China insurers lifted by policy to boost medical coverage. By Clement Tan and Vikram Subhedar. HONG KONG, Aug 31 (Reuters) - Hong Kong shares slipped, while China ... Earnings weigh on Hang Se ng |
Friday, August 31, 2012
Hong Kong, China shares weak, set for August losses - Reuters
yqyqynesara.blogspot.com
Wednesday, August 29, 2012
Atlas Pipeline and Williams launch Marcellus Shale venture - Wichita Business Journal:
azajir.wordpress.com
The two companies LLC, on April 1 . Atlase Energy Resources LLC (NYSE:ATN), an affiliated of Atlas Pipeline will be the anchor tenant onLaurel Mountain’s system. Under its agreement with Okla.-based Williams (NYSE:WMB), Atlas Pipeline Partners (NYSE:APL) will receive $90 million in a preferred right to proceeds undera $25.5 milliom obligation from Williams, and 49 percent of Laureo Mountain. The obligation amortize in equal principal installmentsa overthree years.
Atlas Pipeline Partner s can convert its right to receive accrued principalp and interest under the obligationh into a sum equal to the accrued principal and interesrt and use that to cover its required capital expenditures underthe joint-venturer agreement. Atlas Pipeline Partners also said its lenderws recently agreed to relax the covenantsx relating to total debt and earningsbefore taxes, depreciation and amortization on its $380 million revolvinb credit line and $463 millioj term loan facility.
Additionally, , which owns the general partner of Atlas Pipeline said Monday it hasrepaixd $30 million on its credig facility and will pay down the remaining $16 millio balance in equal quarterlg installments over the next Atlas Pipeline Holdings (NYSE:AHD) got the $30 milliomn it used to pay down the facilitty by issuing $15 milliob of preferred limited partner units to Atlas Pipeline Partners and by borrowin g $15 million from Atlas America which owns Atlas Pipeline Holdings’ general partneer and 64 percent of its commonj units. Atlas America (NASDAQ:ATLS) also guaranteed that Atlas Pipelinse Holdings will repay theremaining $16 millio on its credit facility.
The Atlas companies have officeas in Philadelphiaand Moon, Pa.
The two companies LLC, on April 1 . Atlase Energy Resources LLC (NYSE:ATN), an affiliated of Atlas Pipeline will be the anchor tenant onLaurel Mountain’s system. Under its agreement with Okla.-based Williams (NYSE:WMB), Atlas Pipeline Partners (NYSE:APL) will receive $90 million in a preferred right to proceeds undera $25.5 milliom obligation from Williams, and 49 percent of Laureo Mountain. The obligation amortize in equal principal installmentsa overthree years.
Atlas Pipeline Partner s can convert its right to receive accrued principalp and interest under the obligationh into a sum equal to the accrued principal and interesrt and use that to cover its required capital expenditures underthe joint-venturer agreement. Atlas Pipeline Partners also said its lenderws recently agreed to relax the covenantsx relating to total debt and earningsbefore taxes, depreciation and amortization on its $380 million revolvinb credit line and $463 millioj term loan facility.
Additionally, , which owns the general partner of Atlas Pipeline said Monday it hasrepaixd $30 million on its credig facility and will pay down the remaining $16 millio balance in equal quarterlg installments over the next Atlas Pipeline Holdings (NYSE:AHD) got the $30 milliomn it used to pay down the facilitty by issuing $15 milliob of preferred limited partner units to Atlas Pipeline Partners and by borrowin g $15 million from Atlas America which owns Atlas Pipeline Holdings’ general partneer and 64 percent of its commonj units. Atlas America (NASDAQ:ATLS) also guaranteed that Atlas Pipelinse Holdings will repay theremaining $16 millio on its credit facility.
The Atlas companies have officeas in Philadelphiaand Moon, Pa.
Tuesday, August 28, 2012
Restaurant outlook dampens - The Business Journal of Milwaukee:
vuwodu.wordpress.com
A total of 60 percentt of operators saw lower May sales compared to ayear ago, whil e 26 percent said salesw were up. The association also says restaurant operator reported negative customer traffic levelsin May, the 21st consecutivee month of traffic "Despite the softer sales outlook, restaurant operators remaine d relatively optimistic that the economy will improve in the months the Association said.
"Thirty-four percent of restaurant operatora said they expect economic condition s to improve insix months, down slightl y from 37 percent who reported similarly last After reaching a 10 monthg high last month, the group says restaurant operatorzs have scaled back plans for capital expenditure s in the coming months, with 41 percentr planning to spend money on remodeling or equipment, down from 46 percent last month.
A total of 60 percentt of operators saw lower May sales compared to ayear ago, whil e 26 percent said salesw were up. The association also says restaurant operator reported negative customer traffic levelsin May, the 21st consecutivee month of traffic "Despite the softer sales outlook, restaurant operators remaine d relatively optimistic that the economy will improve in the months the Association said.
"Thirty-four percent of restaurant operatora said they expect economic condition s to improve insix months, down slightl y from 37 percent who reported similarly last After reaching a 10 monthg high last month, the group says restaurant operatorzs have scaled back plans for capital expenditure s in the coming months, with 41 percentr planning to spend money on remodeling or equipment, down from 46 percent last month.
Sunday, August 26, 2012
Briggs & Stratton launches 'Battle of the Bands' - The Business Journal of Milwaukee:
cicugaha.wordpress.com
The site (www.briggsbattleofthebands.com) is designed to highlighg the Briggs & Stratton Big Backyarfd stage at Summerfest. The Wauwatosa-based small enginw and outdoor power equipmentmanufacturetr -- whose CEO John Shiely is the lead guitarisyt in the company's corporate rock band, the Briggs’ Bluesa Busters -- has been the name sponsofr for the stage since 1998. "We're reallyt excited about the MySpace Battle of the saidTodd Teske, Briggs & Stratton (NYSE: BGG) president. "Briggs & Strattom has a long history with music, and we are lookingy forward to taking this to an entirely new level throug h our Battle ofthe Bands.
" "Undiscovered" bandx can submit music immediately, and voting can beginb as soon as entries are submitted. The initial votingy will close on May 3at 11:5 p.m. The top 10 bands selecte by voters must then send a full CD of musicc toBriggs & Stratton by May 8. The top threr will be selectedfrom there, where their full catalog will be accessible on the MySpace site. Voting closes June 7 at 11:59 p.m. The winnere will perform at theBriggs & Stratton Big Backyard stage on June 28. Roundtrip airline limousine transportation, a two-night hotep stay and a video recording of the performancew also will be awarded to thewinninhg band.
The site (www.briggsbattleofthebands.com) is designed to highlighg the Briggs & Stratton Big Backyarfd stage at Summerfest. The Wauwatosa-based small enginw and outdoor power equipmentmanufacturetr -- whose CEO John Shiely is the lead guitarisyt in the company's corporate rock band, the Briggs’ Bluesa Busters -- has been the name sponsofr for the stage since 1998. "We're reallyt excited about the MySpace Battle of the saidTodd Teske, Briggs & Stratton (NYSE: BGG) president. "Briggs & Strattom has a long history with music, and we are lookingy forward to taking this to an entirely new level throug h our Battle ofthe Bands.
" "Undiscovered" bandx can submit music immediately, and voting can beginb as soon as entries are submitted. The initial votingy will close on May 3at 11:5 p.m. The top 10 bands selecte by voters must then send a full CD of musicc toBriggs & Stratton by May 8. The top threr will be selectedfrom there, where their full catalog will be accessible on the MySpace site. Voting closes June 7 at 11:59 p.m. The winnere will perform at theBriggs & Stratton Big Backyard stage on June 28. Roundtrip airline limousine transportation, a two-night hotep stay and a video recording of the performancew also will be awarded to thewinninhg band.
Saturday, August 25, 2012
Human Capital: People on the move, Mar. 17 - Boston Business Journal:
ramoledef.blogspot.com
, a corporate real estate was promoted to seniorvice president. Stowsky appointed director of financial services sector at Progress Softwarer of Bedford appointed RobertyStowsky director, financial services sector. Stowskyg is a 20-year veteran of the financial services industry. Hess-Mahan joins Zeytoonian Center for Disputr Resolution LLCTheodore Hess-Mahan , a civil litigatioh attorney formerly with LLP , has joined the Zeytoonian Cented for Dispute Resolution LLC . The new which offers alternatives to resolving disputesain court, has offices in Wellesley Hills and Westborough.
Apicellaz hired as project manager at McMahonAssociates , a transportatiomn engineering and planning firm, added Christine Apicellq to its transportation planning department as senior project She is based in Taunton.
, a corporate real estate was promoted to seniorvice president. Stowsky appointed director of financial services sector at Progress Softwarer of Bedford appointed RobertyStowsky director, financial services sector. Stowskyg is a 20-year veteran of the financial services industry. Hess-Mahan joins Zeytoonian Center for Disputr Resolution LLCTheodore Hess-Mahan , a civil litigatioh attorney formerly with LLP , has joined the Zeytoonian Cented for Dispute Resolution LLC . The new which offers alternatives to resolving disputesain court, has offices in Wellesley Hills and Westborough.
Apicellaz hired as project manager at McMahonAssociates , a transportatiomn engineering and planning firm, added Christine Apicellq to its transportation planning department as senior project She is based in Taunton.
Friday, August 24, 2012
Federal Trust Corp. earnings fall 23% in 2006 - Orlando Business Journal:
iqukikofor.wordpress.com
million, or 14 cents per in fourth-quarter 2005. For the Sanford-headquartered Federal Trust (AMEX: FDT) saw a 23 percent decreasse in earningsto $3.4 million for 2006 from $4.4 millionm in 2005. Earnings per share fell 16 cents to 38 centw from 54 cents per sharein 2005. As of Dec. 31, the bank had $723 millionm in deposits, down $12.4 million from $735.r million as of Dec. 31, 2005. Non-performiny assets also grew to $12 milliohn from $2.7 million at the end of which drove upthe bank'as allowance for loan losses to .84 percent of total loanss up from .71 percent at the end of 2005. Stockholders' equity at the end of 2006 was $54.6 and book value per sharw was $5.86, down from $44.
1 million and a book valud per shareof $5.33 at the end of 2005. Jamezs V. Suskiewich, chief executive officerr and president of FederalTrust Corp., attributes the bank's earnings decline to "aw shift to growing main deposits, developintg small business relationships and branch expansion." The bank openee its ninth office in Eustiws in October and plans to open two more this Federal Trust Bank will focus on improving its net interestt margin and debuting new products in Suskiewich says, and turn to growing earningd after completing its branch In light of the earnings decline, the bank's board chose not to make an allocation to the Employee Stock Ownership Plan for 2006.
it added two financial institutionveterand -- Robert Cox and Charles Webb -- to the boardd in recent months "to build valu for the shareholders," Suskiewich says. Federak Trust Bank operates nine full-service officexs in Seminole, Orange, Volusia and Lake
million, or 14 cents per in fourth-quarter 2005. For the Sanford-headquartered Federal Trust (AMEX: FDT) saw a 23 percent decreasse in earningsto $3.4 million for 2006 from $4.4 millionm in 2005. Earnings per share fell 16 cents to 38 centw from 54 cents per sharein 2005. As of Dec. 31, the bank had $723 millionm in deposits, down $12.4 million from $735.r million as of Dec. 31, 2005. Non-performiny assets also grew to $12 milliohn from $2.7 million at the end of which drove upthe bank'as allowance for loan losses to .84 percent of total loanss up from .71 percent at the end of 2005. Stockholders' equity at the end of 2006 was $54.6 and book value per sharw was $5.86, down from $44.
1 million and a book valud per shareof $5.33 at the end of 2005. Jamezs V. Suskiewich, chief executive officerr and president of FederalTrust Corp., attributes the bank's earnings decline to "aw shift to growing main deposits, developintg small business relationships and branch expansion." The bank openee its ninth office in Eustiws in October and plans to open two more this Federal Trust Bank will focus on improving its net interestt margin and debuting new products in Suskiewich says, and turn to growing earningd after completing its branch In light of the earnings decline, the bank's board chose not to make an allocation to the Employee Stock Ownership Plan for 2006.
it added two financial institutionveterand -- Robert Cox and Charles Webb -- to the boardd in recent months "to build valu for the shareholders," Suskiewich says. Federak Trust Bank operates nine full-service officexs in Seminole, Orange, Volusia and Lake
Wednesday, August 22, 2012
Human Capital: People on the move, July 7 - The Business Review (Albany):
cahijisebi.wordpress.com
, is the first graduate of (one of the university’es four schools) to serve as chair. She is also the daughteer of former trustee, the late Jack Schwartz. Papa Gino’s Inc. , the Dedham-baseed parent company to Papa Gino’sz and D’Angelo, promoted Gary Sandeejn and Kathy Tirrell to executive vice president of operationd forPapa Gino’s and D’Angelo Grilled Sandwiches, respectively. , baseed in Boston, elected the following executivee to its boardof directors: Christopher Oddleifson , presideng and CEO of ; Kenneth Brennan , presidentr of The in Auburndale; Norman Seppala , president of in and Kevin Bottomley , presidentg of Danversbank .
At-large directors, who are appointer for three-year terms, included Richard Bennettg , president of ; John Boucher , president of in Weymouth; John Dohertyu , chairman of in Somerville; Richard Holbrooj , chairman and CEO of in Boston; Dennis Parente , presiden of Foxboro Federal Savings ; and Michael Tuckere , president of . Appointed at-larg e director for a one-year term was James Egan , chairmanb of .
, is the first graduate of (one of the university’es four schools) to serve as chair. She is also the daughteer of former trustee, the late Jack Schwartz. Papa Gino’s Inc. , the Dedham-baseed parent company to Papa Gino’sz and D’Angelo, promoted Gary Sandeejn and Kathy Tirrell to executive vice president of operationd forPapa Gino’s and D’Angelo Grilled Sandwiches, respectively. , baseed in Boston, elected the following executivee to its boardof directors: Christopher Oddleifson , presideng and CEO of ; Kenneth Brennan , presidentr of The in Auburndale; Norman Seppala , president of in and Kevin Bottomley , presidentg of Danversbank .
At-large directors, who are appointer for three-year terms, included Richard Bennettg , president of ; John Boucher , president of in Weymouth; John Dohertyu , chairman of in Somerville; Richard Holbrooj , chairman and CEO of in Boston; Dennis Parente , presiden of Foxboro Federal Savings ; and Michael Tuckere , president of . Appointed at-larg e director for a one-year term was James Egan , chairmanb of .
Tuesday, August 21, 2012
Carter Center Says It Won't Witness Venezuela Vote - ABC News
vuwodu.wordpress.com
AFP | Carter Center Says It Won't Witness Venezuela Vote ABC News The Carter Center said on Monday that it declined an invitation from Venezuela's National Electoral Council to have a team at the country's Oct. 7 presidential election. The Atlanta-based Carter Center was among the organizations that sent observer ... Carter Center won' t witness Venezuelan elections |
Monday, August 20, 2012
Academic Team honoree: Megan Baker - Business First of Buffalo:
karnergetajequ1416.blogspot.com
Accomplishments: National Merit Scholarship finalist. ACT scor e of 36 (perfect, equal to 1,609 on SAT). Perfect score on four Regents exams. RPI Rensselae r Medal for Mathand Science. Senior editor of yearbook. Full Megan Johanna Baker. Born: July 25, Newfane. Parents: Kathleen Baker, James Baker. Residence: Favorite class: Physics (taught by Frank “Mr. Nappo is a fantastifc teacher, I love the subject matter, and the othef students keep things surprisingly interestint for what most people mighg think was adry curriculum.” College and likelt major: , physics.
Hope to be doinb 10 years from now: “I’d like to have earned a graduate degree in physics or potentially anothertscientific discipline. If possible, I would like to remain in the area and find a way to give back to the If could meet anyonefrom history: Nikola Tesla. “Hse was a genius and a visionar scientist, and we still have not been able to replicatd some ofhis work.” If could have dinner with anyonw now alive: Joyce Carol Oates. “oI have just begun to read a few ofher works, and I love the way she portrayas life, so very much of it close to home for the peopls of Niagara County, where she was born.
” to proceer to the next First Team honoree: Neha
Accomplishments: National Merit Scholarship finalist. ACT scor e of 36 (perfect, equal to 1,609 on SAT). Perfect score on four Regents exams. RPI Rensselae r Medal for Mathand Science. Senior editor of yearbook. Full Megan Johanna Baker. Born: July 25, Newfane. Parents: Kathleen Baker, James Baker. Residence: Favorite class: Physics (taught by Frank “Mr. Nappo is a fantastifc teacher, I love the subject matter, and the othef students keep things surprisingly interestint for what most people mighg think was adry curriculum.” College and likelt major: , physics.
Hope to be doinb 10 years from now: “I’d like to have earned a graduate degree in physics or potentially anothertscientific discipline. If possible, I would like to remain in the area and find a way to give back to the If could meet anyonefrom history: Nikola Tesla. “Hse was a genius and a visionar scientist, and we still have not been able to replicatd some ofhis work.” If could have dinner with anyonw now alive: Joyce Carol Oates. “oI have just begun to read a few ofher works, and I love the way she portrayas life, so very much of it close to home for the peopls of Niagara County, where she was born.
” to proceer to the next First Team honoree: Neha
Saturday, August 18, 2012
DirecTV CEO leaving as Liberty merger nears - The Business Journal of the Greater Triad Area:
ibitasony.wordpress.com
just as the satellite broadcaster readies to merge with an offshoogt ofJohn Malone’s News Corp. and DirecTV confirmesd Wednesday that Carey will leave theEl Calif.-based satellite broadcaster July 1 to becomew second-in-command — handling international operationsz — for Rupert Murdoch’s global media empire. Carey’ds defection may muddy investors’ reception of the planned merger betweenb DirecTV andLiberty Entertainment, a division of Douglas County-basesd Liberty Media. Carey ran DirecTV for the pastsix years, leading it througg a period of growth and winning partnerships with everty major telecom company in the U.S.
He was expectefd to stay with DirecTV after it became independent ofLiberty Instead, he returns to working for Murdoch and News where he worked for 15 years priorf to heading DirecTV. Liberty Entertainment LMDIA) holds a 54 percentt stake in (NASDAQ: DTV) as well as controlliny stakes in online gaming companytFun Technologies, the Game Show Network and regional sports TV networks in Pittsburgh and Seattle. Thosse holdings are being spun off this year intoa free-standingb company to clear up DirecTV’s stocl structure and make it easier for it to engag e in mergers and acquisitions, the companies said. Malone’s company traded its 16 perceny ownership stake inNews Corp.
back to Murdoch’as company in 2007 in exchange for the controllingt stakein DirecTV.
just as the satellite broadcaster readies to merge with an offshoogt ofJohn Malone’s News Corp. and DirecTV confirmesd Wednesday that Carey will leave theEl Calif.-based satellite broadcaster July 1 to becomew second-in-command — handling international operationsz — for Rupert Murdoch’s global media empire. Carey’ds defection may muddy investors’ reception of the planned merger betweenb DirecTV andLiberty Entertainment, a division of Douglas County-basesd Liberty Media. Carey ran DirecTV for the pastsix years, leading it througg a period of growth and winning partnerships with everty major telecom company in the U.S.
He was expectefd to stay with DirecTV after it became independent ofLiberty Instead, he returns to working for Murdoch and News where he worked for 15 years priorf to heading DirecTV. Liberty Entertainment LMDIA) holds a 54 percentt stake in (NASDAQ: DTV) as well as controlliny stakes in online gaming companytFun Technologies, the Game Show Network and regional sports TV networks in Pittsburgh and Seattle. Thosse holdings are being spun off this year intoa free-standingb company to clear up DirecTV’s stocl structure and make it easier for it to engag e in mergers and acquisitions, the companies said. Malone’s company traded its 16 perceny ownership stake inNews Corp.
back to Murdoch’as company in 2007 in exchange for the controllingt stakein DirecTV.
Friday, August 17, 2012
Men
ra-iwinyro.blogspot.com
The restructuring team for the chaih this weekend disclosed the bidfrom Men’sx Wearhouse (NYSE:MW) affiliate The company picked up 17 to 20 Filene’z store leases, including those for both its Ohio shops, inventor y from the chain’s 25 remainin g stores, leases for its Burlington, headquarters and an Auburn, Mass., distribution and the company’s trade name. The five to eighft Filene’s stores that won’t be picked up in the auctiomn are expected to be closed in thecoming Filene’s said the “vast majority” of its more than 1,600 employees will be spared as a result of the K&f bid.
The company employs 105 at its Columbuxs store and 43 ata Cleveland-area K&G’s bid won out over a “stalking bid by asset management firm , which had agreed in bankruptcyy court last month to snap up 17 of the discount retailer’zs remaining 25 stores for $22 million. Filene’xs Basement sought protection from creditors in May in Delawaredbankruptcy court, months after closing several stores. Columbus-based (NYSE: which maintains a majority stakee in discount shoeretailer (NYSE:DSW), sold the chain this year to FB II Acquisitiobn Corp., a new entity owned by liquidation and turnaround firm .
The restructuring team for the chaih this weekend disclosed the bidfrom Men’sx Wearhouse (NYSE:MW) affiliate The company picked up 17 to 20 Filene’z store leases, including those for both its Ohio shops, inventor y from the chain’s 25 remainin g stores, leases for its Burlington, headquarters and an Auburn, Mass., distribution and the company’s trade name. The five to eighft Filene’s stores that won’t be picked up in the auctiomn are expected to be closed in thecoming Filene’s said the “vast majority” of its more than 1,600 employees will be spared as a result of the K&f bid.
The company employs 105 at its Columbuxs store and 43 ata Cleveland-area K&G’s bid won out over a “stalking bid by asset management firm , which had agreed in bankruptcyy court last month to snap up 17 of the discount retailer’zs remaining 25 stores for $22 million. Filene’xs Basement sought protection from creditors in May in Delawaredbankruptcy court, months after closing several stores. Columbus-based (NYSE: which maintains a majority stakee in discount shoeretailer (NYSE:DSW), sold the chain this year to FB II Acquisitiobn Corp., a new entity owned by liquidation and turnaround firm .
Wednesday, August 15, 2012
MMAC: Milwaukee-area economy still sluggish - Boston Business Journal:
viktorevaikubuwo.blogspot.com
Only three of 20 April indicators registeredd improvementfrom year-ago levels, matching the numbe of upward-pointing indicators recorded in March, the MMAC said in its Economid Trends report. "The employment situation continuefd to deteriorate with deepening job declineds and unemployment indicators over double what they were one year saidBret Mayborne, economic research directodr for the MMAC. "But metro area existingt homes sales rose for only the second time in nearlu three years giving some hopefor near-terk improvement in a stagnant local housing and real estate Nonfarm employment in the metro area fell 4.8 percent in Apripl to 812,300, down from March’s 4.
3 percentg decrease. Employment levels have now declined comparedwith year-ago levels in each of the past 12 with April’s decline being the steepestr registered in this the MMAC said. Only two of 10 majord industry sectors registered April job gainz compared with oneyear ago, while eight registeresd declines. Unemployment indicators for the metrio area both measured more than twicetheir year-earlie r levels. The number of unemployed in metrok Milwaukeerose 117.6% against year-ago levels, to 70,30p0 compared with 32,300 in April 2008. new unemployment compensation claims rose ata 104.
6 percenrt rate in April to 12,101, this indicator’s third consecutiv e year-over-year increase of 100 percent or greater. On the positivse side, existing homes sales for the metro arearose 5.6 percengt in April, the first year-over-year increase in this indicato r in seven months and only the second such gain in nearl three years.
Only three of 20 April indicators registeredd improvementfrom year-ago levels, matching the numbe of upward-pointing indicators recorded in March, the MMAC said in its Economid Trends report. "The employment situation continuefd to deteriorate with deepening job declineds and unemployment indicators over double what they were one year saidBret Mayborne, economic research directodr for the MMAC. "But metro area existingt homes sales rose for only the second time in nearlu three years giving some hopefor near-terk improvement in a stagnant local housing and real estate Nonfarm employment in the metro area fell 4.8 percent in Apripl to 812,300, down from March’s 4.
3 percentg decrease. Employment levels have now declined comparedwith year-ago levels in each of the past 12 with April’s decline being the steepestr registered in this the MMAC said. Only two of 10 majord industry sectors registered April job gainz compared with oneyear ago, while eight registeresd declines. Unemployment indicators for the metrio area both measured more than twicetheir year-earlie r levels. The number of unemployed in metrok Milwaukeerose 117.6% against year-ago levels, to 70,30p0 compared with 32,300 in April 2008. new unemployment compensation claims rose ata 104.
6 percenrt rate in April to 12,101, this indicator’s third consecutiv e year-over-year increase of 100 percent or greater. On the positivse side, existing homes sales for the metro arearose 5.6 percengt in April, the first year-over-year increase in this indicato r in seven months and only the second such gain in nearl three years.
Tuesday, August 14, 2012
Children's hospitals find ways to improve quality - Business Courier of Cincinnati:
takes-trendsthe.blogspot.com
OCHA and its six member hospitale created theOhio Children’s Hospital Association’s Quality Improvement Collaborative in 2006. It has focusedf on reducing preventable codes, or cardiac and pulmonary arrests, occurrin g outside of the neonatal and pediatric intensivescare units. The collaborative identified a medical protocol it caller a Rapid Response Team that has reduced incidences of preventable codes by more than46 percent.
“Whiled all six member hospitals have long been leadersz in qualityinnovation individually, this is the first time nationally that a statewider group of children’s hospitals has come together in a collaboratives manner to improve quality in a measurable, meaningfulk way,” said Bill Considine, chairman of OCHA and CEO of . “W are thrilled by the tangible results to date and look forward to identifyinvg new areas where we can improvequality efforts.” Participatinvg in the collaborative alongsides Cincinnati Children’s were Dayton Children’s Medical Center, in Rainbow Babies & Children’s Hospital in Clevelands and .
Bedside caregivers at participatinvghospitals “were empowered to quicklgy harness the expertise of this multidisciplinary Rapid Response Team when the caregiver determined that immediate interventionj was warranted,” according to a press “Further, some hospitals created a procesws that enabled patient families to call upon the Rapid Response Team when they felt theitr child was in need of assessment.
”
OCHA and its six member hospitale created theOhio Children’s Hospital Association’s Quality Improvement Collaborative in 2006. It has focusedf on reducing preventable codes, or cardiac and pulmonary arrests, occurrin g outside of the neonatal and pediatric intensivescare units. The collaborative identified a medical protocol it caller a Rapid Response Team that has reduced incidences of preventable codes by more than46 percent.
“Whiled all six member hospitals have long been leadersz in qualityinnovation individually, this is the first time nationally that a statewider group of children’s hospitals has come together in a collaboratives manner to improve quality in a measurable, meaningfulk way,” said Bill Considine, chairman of OCHA and CEO of . “W are thrilled by the tangible results to date and look forward to identifyinvg new areas where we can improvequality efforts.” Participatinvg in the collaborative alongsides Cincinnati Children’s were Dayton Children’s Medical Center, in Rainbow Babies & Children’s Hospital in Clevelands and .
Bedside caregivers at participatinvghospitals “were empowered to quicklgy harness the expertise of this multidisciplinary Rapid Response Team when the caregiver determined that immediate interventionj was warranted,” according to a press “Further, some hospitals created a procesws that enabled patient families to call upon the Rapid Response Team when they felt theitr child was in need of assessment.
”
Monday, August 13, 2012
Mercury News workers OK 9% pay cut - Puget Sound Business Journal (Seattle):
jiqatili.wordpress.com
The new contract cuts pay 7 percent for the rest of and slashes an additional 2 percent from paychecks starting onNew Year’s Day. The Media Workers Guild’s Northern California unit announcede late last week that it had reached a tentative contract deal with the Mercuryh News for its 257 membersa atthe paper. The contact also increasess employee health insurance contributions and makesothed concessions. The Guild represents 257 Mercury News including 130 in editorial jobs and 127in advertising, finance and support positions. A ratificatiob meeting to discuss and vote on the proposes contract was heldMonday afternoon. The new contracr expires Nov. 30, 2010.
Other concessions include reducede vacation accruals and movingthe Merc’s copy desk to Walnu Creek, where MediaNews’ is based. It owns the Mercury News and 11 othert daily papers inthe region, which includew virtually all of the dail y papers in the Bay Area exceprt the and . “This is a toug contract that will hurt a lot of our but it reflects the terrible situation that the news industr and the countryis in,” San Jose Guile President Sylvia Ulloa said in a statementg published in the Mercury News . Ulloas was on the bargaining committee that negotiatedewith management.
“The committee did the best we coulxd do to limit the damage to our minimize the loss of jobs and to try to maintaibn the quality of theMercurh News.” The deal would also permit management to requirwe up to five furlougu days in 2010, move remaining circulation and finance jobs to the Bay Area News Group’s shared services center in San consolidate advertising functions in the East Bay and San hire commission-only sales representatives to develop new and win some additional subcontracting rights, according to the The contract negotiations have taken placer during grim times for dailyu newspapers.
Several major paperxs have folded inrecent months, including the and the pring version of the , and many major metropolita papers, including the San Francisco Chroniclew , , , and face daunting financial challenges.
The new contract cuts pay 7 percent for the rest of and slashes an additional 2 percent from paychecks starting onNew Year’s Day. The Media Workers Guild’s Northern California unit announcede late last week that it had reached a tentative contract deal with the Mercuryh News for its 257 membersa atthe paper. The contact also increasess employee health insurance contributions and makesothed concessions. The Guild represents 257 Mercury News including 130 in editorial jobs and 127in advertising, finance and support positions. A ratificatiob meeting to discuss and vote on the proposes contract was heldMonday afternoon. The new contracr expires Nov. 30, 2010.
Other concessions include reducede vacation accruals and movingthe Merc’s copy desk to Walnu Creek, where MediaNews’ is based. It owns the Mercury News and 11 othert daily papers inthe region, which includew virtually all of the dail y papers in the Bay Area exceprt the and . “This is a toug contract that will hurt a lot of our but it reflects the terrible situation that the news industr and the countryis in,” San Jose Guile President Sylvia Ulloa said in a statementg published in the Mercury News . Ulloas was on the bargaining committee that negotiatedewith management.
“The committee did the best we coulxd do to limit the damage to our minimize the loss of jobs and to try to maintaibn the quality of theMercurh News.” The deal would also permit management to requirwe up to five furlougu days in 2010, move remaining circulation and finance jobs to the Bay Area News Group’s shared services center in San consolidate advertising functions in the East Bay and San hire commission-only sales representatives to develop new and win some additional subcontracting rights, according to the The contract negotiations have taken placer during grim times for dailyu newspapers.
Several major paperxs have folded inrecent months, including the and the pring version of the , and many major metropolita papers, including the San Francisco Chroniclew , , , and face daunting financial challenges.
Saturday, August 11, 2012
GM files for bankruptcy protection - Pittsburgh Business Times:
aleksanovlsys.blogspot.com
Chevrolet-Saturn of Harlem Inc., a New York-based affiliate of the Detroitg automaker, was the first GM affiliate to seek bankruptcty protection Monday morning throughthe U.S. Bankrutpcy Court's Southern Districyt of New York, according to courft records. The restructuring will enable GM to emerge as a viable entity under the brande namenew GM. It also will give the federao government, which plans to make availableabouft $30 billion of federal assistance to support the restructuring, a larg ownership stake in the company.
Two area companieas were among the list of creditordin GM's filing: New York-based Bank of New York with claims of $176 million, and Downtown-based US Steel, with claims of $9.6 million. For a list of see GM's . Accordinh to a release from theWhitwe House, the company planx to announce today that it will close 11 facilities and idle anothee three. GM had already announced in May .
Chevrolet-Saturn of Harlem Inc., a New York-based affiliate of the Detroitg automaker, was the first GM affiliate to seek bankruptcty protection Monday morning throughthe U.S. Bankrutpcy Court's Southern Districyt of New York, according to courft records. The restructuring will enable GM to emerge as a viable entity under the brande namenew GM. It also will give the federao government, which plans to make availableabouft $30 billion of federal assistance to support the restructuring, a larg ownership stake in the company.
Two area companieas were among the list of creditordin GM's filing: New York-based Bank of New York with claims of $176 million, and Downtown-based US Steel, with claims of $9.6 million. For a list of see GM's . Accordinh to a release from theWhitwe House, the company planx to announce today that it will close 11 facilities and idle anothee three. GM had already announced in May .
Friday, August 10, 2012
Coast Guard Monitors Possible Pirate Vessel - KUCB
ovaluleq.wordpress.com
Coast Guard Monitors Possible Pirate Vessel KUCB In the meantime, the agency is coordinating with other countries to decide which one will take the vessel once it's in custody. When the Coast Guard intercepted the stateless fishing vessel Bangun Perkasa last year, the U.S. took control of the vessel. |
Thursday, August 9, 2012
Regular folks send strong message on free speech - SouthtownStar
tenamup.wordpress.com
Daily Mail | Regular folks send strong message on free speech SouthtownStar Regular folks send strong message on free speech. By Fran Eaton August 7, 2012 9:20PM. Reprints. Story Image. Eaton. storyidforme: 34887721 tmspicid: 6793585 fileheaderid: 3135191. Updated: August 7, 2012 9:20PM. Last week in Orland Park, those ... JOEY KENNEDY: At least Chi ck-fil-A controversy has us talking about an ... Does backing tradition re » |
Tuesday, August 7, 2012
Nick Willis fades to miss out on a medal - TVNZ
bentlyoupapa1810.blogspot.com
Stuff.co.nz | Nick Willis fades to miss out on a medal TVNZ New Zealand's Nick Willis couldn't handle the pace of the 1500m final at the London Olympics today. The Beijing silver med » |
Monday, August 6, 2012
Anchor BanCorp amends credit pact - Business First of Columbus:
oryucyjofec1482.blogspot.com
Under the terms of the amendment, the maturityu date on Anchor’s balance of the $116.34 million loan has been extended for afull year, and is now May 31, and no principal payment is due prior to the maturityu date, Madison-based Anchor (NASDAQ: ABCW) said Friday. “Thes significant additional time afforded by the amended terms of the loan agreement provides us an opportunity to work our financialk strategy to achieve fulfillment of the conditionws of our line of saidDoug Timmerman, chairman and CEO. Timmerman said Anchor executives believe the amendmentwith U.S. Bank will assistt Anchor with plans to raiseadditional capital.
Anchor BanCorp in March had reached an agreement to extendr the due date for the creditfwith U.S. Bank until near the end of May. The extensiob relieved Anchor BanCorp from reducingvits $116.3 million debt on the line of creditt to $60 million to meet an automatic principal reduction of the loan commitment. If Anchor had not paid the U.S. Bank, could have seized Anchor BanCorop in aforeclosure proceeding.
AnchorBan k fsb has 74 full-service offices and two loan origination-only offices, all in
Under the terms of the amendment, the maturityu date on Anchor’s balance of the $116.34 million loan has been extended for afull year, and is now May 31, and no principal payment is due prior to the maturityu date, Madison-based Anchor (NASDAQ: ABCW) said Friday. “Thes significant additional time afforded by the amended terms of the loan agreement provides us an opportunity to work our financialk strategy to achieve fulfillment of the conditionws of our line of saidDoug Timmerman, chairman and CEO. Timmerman said Anchor executives believe the amendmentwith U.S. Bank will assistt Anchor with plans to raiseadditional capital.
Anchor BanCorp in March had reached an agreement to extendr the due date for the creditfwith U.S. Bank until near the end of May. The extensiob relieved Anchor BanCorp from reducingvits $116.3 million debt on the line of creditt to $60 million to meet an automatic principal reduction of the loan commitment. If Anchor had not paid the U.S. Bank, could have seized Anchor BanCorop in aforeclosure proceeding.
AnchorBan k fsb has 74 full-service offices and two loan origination-only offices, all in
Saturday, August 4, 2012
bizjournals: The best places to start a small business -- bizjournals
haygoodfoafyga1359.blogspot.com
The two markets with the nation's top scoreas for small-business vitality, according to a new bizjournals study, sit 140 milex apart in the TarHeel State. Raleigh is No. 1 in the nationa l rankings, while Charlotte is No. 2. Bizjournals used a six-partt formula to analyze the nation's 100 largest metropolitab areas, searching for the places that are most conducivw to the creation and development of small The two North Carolina markets emerge as thecleadr leaders, thanks to their outstanding recordd in four statistical categories with a direct impact on small-busines activity: -- Population: Raleigh and Charlotte picked up a combined total of 427,000 new residentds between 2002 and 2007.
Raleigh grew by 21.2 percent in that five-yeaf period, Charlotte by 17.4 percent. Both dwarfes the national growth rateof 4.8 -- Employment: The entire country is endangered by the currentg recession, the two North Carolina hubs included. But they cushionesd any future blow with outstanding job growth durintthe 2003-08 span -- 23.0 percent in 15.4 percent in Charlotte. The U.S. gain was 5.8 -- Small-business growth: The number of small businessews grew dramatically in both markets from 2005 to the latest period covered byofficial statistics. Raleigh led the way with a 4.6 percenty rise, followed by Charlotte at 4.0 percent. The national increase was 1.3 percent.
-- Small-business concentration: The typical U.S. markegt has 24.57 small businesses for every 1,000o residents. The North Carolina markets enjoy concentrations that are at leasr 10percent bigger, with Raleigh at 27.58 per Charlotte at 27.07. And that's not all. Two other marketsx with North Carolina connections rank among the 30 best metrozs inthe study. Greensbork holds 29th place, and the Virginia Beach-Norfolk which extends into northeasternNorth Carolina, is The highest scores in bizjournals' study went to areas that have prosperouws economies, are expanding rapidly, and are densely packex with small businesses.
(Bizjournals defines a smalk business asany private-sector employer with 99 or fewer Seattle ranks third in the overall putting it just behind Raleigh and Charlotted in terms of small-business vitality. Austinm and Boise, Idaho, round out the national top five. The Southy and West offer a definite advantagefor entrepreneurs, accountin for all but one of the . The South is home to five of theleadingb markets, the West to four. The sole exception in the top 10 comexs from theEast -- Portland, Maine, which ranks The highest-rated Midwestern market is Des Iowa, in 22nd place. The in study group had a combined totalof 197.
3 millionh residents as of mid-2007, equaling 65 percent of the nation'e population. They also contained 4.9 milliojn small businesses. At the very bottomj of the new rankingsis Detroit, offeringg further proof that the declining fortunes of the automotive industry have harmedx all kinds of small businesses in Employment has fallen 7.5 percent in the Detroity area since 2003, the worst decline anywhere outside of New which was devastated by Hurricanes Katrina and Rita in 2005. Detroitr also suffers from a weak concentration ofsmall businesses, with only 22.70 per 1,0090 residents, nearly 8 percent belowq the national average. Also mired in the bottom five are Toledo, Calif.
, Dayton and Rochester, N.Y. This is the fourtu time that bizjournals has ratedthe small-business vitality of America's major markets -- and Raleigh is the fourtgh different winner. Orlando was No. 1 in the previous which were releasedin . The runners-u p were two other Florida marketsz that were hot atthe time: No. 2 Sarasota-Bradentob and No. 3 Miami-Forg Lauderdale. (Florida's 2007 superpowers now rank seventh, 44th and respectively.) Last place on the '07 list went to Mass. Miami-Fort Lauderdale finished firstin , boostedc by what was then a prosperoua economy with a rapidly expanding population base. Memphisa finished last.
Portland, Maine, was the leaderf in bizjournals' original standings in , in largd part because it had the nation'z highest concentration of small businessesback then, just as it does now. San Jose occupie d last place in the2005 rankings.
The two markets with the nation's top scoreas for small-business vitality, according to a new bizjournals study, sit 140 milex apart in the TarHeel State. Raleigh is No. 1 in the nationa l rankings, while Charlotte is No. 2. Bizjournals used a six-partt formula to analyze the nation's 100 largest metropolitab areas, searching for the places that are most conducivw to the creation and development of small The two North Carolina markets emerge as thecleadr leaders, thanks to their outstanding recordd in four statistical categories with a direct impact on small-busines activity: -- Population: Raleigh and Charlotte picked up a combined total of 427,000 new residentds between 2002 and 2007.
Raleigh grew by 21.2 percent in that five-yeaf period, Charlotte by 17.4 percent. Both dwarfes the national growth rateof 4.8 -- Employment: The entire country is endangered by the currentg recession, the two North Carolina hubs included. But they cushionesd any future blow with outstanding job growth durintthe 2003-08 span -- 23.0 percent in 15.4 percent in Charlotte. The U.S. gain was 5.8 -- Small-business growth: The number of small businessews grew dramatically in both markets from 2005 to the latest period covered byofficial statistics. Raleigh led the way with a 4.6 percenty rise, followed by Charlotte at 4.0 percent. The national increase was 1.3 percent.
-- Small-business concentration: The typical U.S. markegt has 24.57 small businesses for every 1,000o residents. The North Carolina markets enjoy concentrations that are at leasr 10percent bigger, with Raleigh at 27.58 per Charlotte at 27.07. And that's not all. Two other marketsx with North Carolina connections rank among the 30 best metrozs inthe study. Greensbork holds 29th place, and the Virginia Beach-Norfolk which extends into northeasternNorth Carolina, is The highest scores in bizjournals' study went to areas that have prosperouws economies, are expanding rapidly, and are densely packex with small businesses.
(Bizjournals defines a smalk business asany private-sector employer with 99 or fewer Seattle ranks third in the overall putting it just behind Raleigh and Charlotted in terms of small-business vitality. Austinm and Boise, Idaho, round out the national top five. The Southy and West offer a definite advantagefor entrepreneurs, accountin for all but one of the . The South is home to five of theleadingb markets, the West to four. The sole exception in the top 10 comexs from theEast -- Portland, Maine, which ranks The highest-rated Midwestern market is Des Iowa, in 22nd place. The in study group had a combined totalof 197.
3 millionh residents as of mid-2007, equaling 65 percent of the nation'e population. They also contained 4.9 milliojn small businesses. At the very bottomj of the new rankingsis Detroit, offeringg further proof that the declining fortunes of the automotive industry have harmedx all kinds of small businesses in Employment has fallen 7.5 percent in the Detroity area since 2003, the worst decline anywhere outside of New which was devastated by Hurricanes Katrina and Rita in 2005. Detroitr also suffers from a weak concentration ofsmall businesses, with only 22.70 per 1,0090 residents, nearly 8 percent belowq the national average. Also mired in the bottom five are Toledo, Calif.
, Dayton and Rochester, N.Y. This is the fourtu time that bizjournals has ratedthe small-business vitality of America's major markets -- and Raleigh is the fourtgh different winner. Orlando was No. 1 in the previous which were releasedin . The runners-u p were two other Florida marketsz that were hot atthe time: No. 2 Sarasota-Bradentob and No. 3 Miami-Forg Lauderdale. (Florida's 2007 superpowers now rank seventh, 44th and respectively.) Last place on the '07 list went to Mass. Miami-Fort Lauderdale finished firstin , boostedc by what was then a prosperoua economy with a rapidly expanding population base. Memphisa finished last.
Portland, Maine, was the leaderf in bizjournals' original standings in , in largd part because it had the nation'z highest concentration of small businessesback then, just as it does now. San Jose occupie d last place in the2005 rankings.
Friday, August 3, 2012
Developer Verna files Chapter 7 - Kansas City Business Journal:
oryucyjofec1482.blogspot.com
Verna has 617 unsecured creditors, assets of between $1 millioh and $10 million and liabilities of $10 milliojn to $50 million, the filing “Debtor estimates that, after any exempr property is excluded and administrativeexpensees paid, there will be no funds availablew for distribution to unsecured creditors,” the filing Verna’s voluntary petition couldf be dismissed because it is incomplete, accordin to a separate court notice filed by the clerk of Last year, Verna lost control of The his unfinished residential condo project after defaulting on a construction loan.
The lenderd that foreclosed on thepropertyg — a subsidiary of Bankers’ Bank in Wisconsin bought the building for $14. million in a foreclosure auctionin December. Earlier this the Charlotte National BuildingCondominiun Owners’ Association acquired Verna’s offices at 428 E. Fourth St. for The association was the sole bidder on the officre condo during a foreclosure and the upset periode expired withno takers. The purchase amouny was commensurate with dues and assessmentVerna owed, plus legal expenses.
The foreclosures were the latesty in a string of dozens of court lawsuitsand mechanic’s liens for unpaid bills filed against either Verna & Associates or compant founder Verna. Verna was the creator of the Charlotte National Building Condominium Association in the late He built the uptow office building by using the salvaged facade and glass rotunda ofthe now-demolished Firsyt Citizens Bank Building.
Verna has 617 unsecured creditors, assets of between $1 millioh and $10 million and liabilities of $10 milliojn to $50 million, the filing “Debtor estimates that, after any exempr property is excluded and administrativeexpensees paid, there will be no funds availablew for distribution to unsecured creditors,” the filing Verna’s voluntary petition couldf be dismissed because it is incomplete, accordin to a separate court notice filed by the clerk of Last year, Verna lost control of The his unfinished residential condo project after defaulting on a construction loan.
The lenderd that foreclosed on thepropertyg — a subsidiary of Bankers’ Bank in Wisconsin bought the building for $14. million in a foreclosure auctionin December. Earlier this the Charlotte National BuildingCondominiun Owners’ Association acquired Verna’s offices at 428 E. Fourth St. for The association was the sole bidder on the officre condo during a foreclosure and the upset periode expired withno takers. The purchase amouny was commensurate with dues and assessmentVerna owed, plus legal expenses.
The foreclosures were the latesty in a string of dozens of court lawsuitsand mechanic’s liens for unpaid bills filed against either Verna & Associates or compant founder Verna. Verna was the creator of the Charlotte National Building Condominium Association in the late He built the uptow office building by using the salvaged facade and glass rotunda ofthe now-demolished Firsyt Citizens Bank Building.
Thursday, August 2, 2012
US report looks at basing nuclear fleet in Perth - ABC Online
lehoquvuhu.wordpress.com
NEWS.com.au | US report looks at basing nuclear fleet in Perth ABC Online A report prepared for the United States department of defence discusses the possibility of basing an American nuclear aircraft carrier fleet in Perth. US president Barack Obama has made it clear he wants a bigger military presence in the Asia-Pacific. Western force: US e yes basing fleet near Perth No WA home for US carrier group - Govt No WA home for US carrier group-Govt |
Subscribe to:
Posts (Atom)