ovaluleq.wordpress.com
According to federal data compiled by the Bureai ofTransportation Statistics, 17.6 percentr of flights taking off at RDU from April 1, 2008 to March 31, 2009 departed late. That may sound like a lot, but it’ss an improvement over the 19.5 percent that took off late durint the same period theyear “Across the board, it’s definitely better now than it has been in the says Ray Styons, a Triangle resident who sells biotech, pharma and hospital equipment for Beckman Coulter.
Styons, who travels out of RDU severalp timesa year, says on-timd performance is important to businesa travelers because they try to see as many clients as possible on Delays that cause missed appointments or force a businessperson to stay overnighft unexpectedly don’t just cost they cost money.
Sunday, September 30, 2012
Saturday, September 29, 2012
Continental out of the woods in N.Y.-area slot auctions for now - Houston Business Journal:
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The government said that it would move aheaxd with plans to auction nearly 10 percent of the takeoffv and landing slots atJohn F. LaGuardia and Newark Liberty International airports in an effort to relievde congestion in the skies and help reducrticket prices. Plans would have includedx withdrawing a number of slot from airlines currently operating at the airports and then auctioninvg them off to the highest according tothe DoT. If the auction had gone it could have meanyt some lost flightsfor Houston-basee airline (NYSE: CAL), which has almost half of its 5,000 pilots based in Newark, one of the airline’s hubs.
“We’re still serious about tackling aviation congestion in the New York DoT Secretary Ray LaHood toldthe . “I’ll be talkingf with airline, airport and consumer stakeholders, as well as electecd officials, over the summer about the best ways to move In its proposal to rescind the auctions, the DoT said the rules were “highly that comments received were in opposition to the plan and that such as the economy, had changed since the rulee were first issued. The DoT plans to revie comments and make a final decision followinga 30-dag review period.
The government said that it would move aheaxd with plans to auction nearly 10 percent of the takeoffv and landing slots atJohn F. LaGuardia and Newark Liberty International airports in an effort to relievde congestion in the skies and help reducrticket prices. Plans would have includedx withdrawing a number of slot from airlines currently operating at the airports and then auctioninvg them off to the highest according tothe DoT. If the auction had gone it could have meanyt some lost flightsfor Houston-basee airline (NYSE: CAL), which has almost half of its 5,000 pilots based in Newark, one of the airline’s hubs.
“We’re still serious about tackling aviation congestion in the New York DoT Secretary Ray LaHood toldthe . “I’ll be talkingf with airline, airport and consumer stakeholders, as well as electecd officials, over the summer about the best ways to move In its proposal to rescind the auctions, the DoT said the rules were “highly that comments received were in opposition to the plan and that such as the economy, had changed since the rulee were first issued. The DoT plans to revie comments and make a final decision followinga 30-dag review period.
Thursday, September 27, 2012
Believe it or not? Supiati's body full of nails - Jakarta Post
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Jakarta Post | Believe it or not? Supiati's body full of nails Jakarta Post Bantul: Supiati, a 25-year-old resident of Harjomulyo, Ogan Komering Ulu, South Sumatra, is suffering a very unusual affliction â€" she has thousands of nails in her body, which has caused her pain and hindered her mobility. “I have visited many doctors ... |
Wednesday, September 26, 2012
Karaoke Warehouse not singing the blues - Washington Business Journal:
mastering-input.blogspot.com
“Three things – American Idol, American American Idol,” said who along with his brothert Doug, have been in the business for 18 years withtheidr companies, Hilliard-based and AudioStream Karaoke. The uber-popular TV singinhg competition and advances in technology have combined to take karaokw out of bars and into The shift has drivenKaraokw Warehouse’s annual sales to more than $10 million with consistent annua l growth topping 20 percent, Vogt said – even in this economy. “Io think America has more timefor entertainment,” he “People are singing their troublezs away.
” The Vogts started rentinyg equipment and discs in 1991 in a storefront at Carriaged Place on Bethel Road that included six private Japanese-style karaoke where customers could rent and perform on Rick Vogt said the boxesz were popular, but didn’t make the transitio with the companies to Hilliard in 1998, wheres the business focused just on rentals. The brothers decidede in 2002 to start producing theid own discs and createdthe All-Star label. Disc and equipmengt sales – with placement in retail giants suchas , and Toys Us Inc. – now account for 75 percentr of sales.
Doug Vogt said karaoke used to be a seasonalo fad and while the Christmas season remains thesales peak, equipment and discs easil y can be found year-round at most “Retailers are more accepting than the company’s president said. “They have permanentt space for discsand equipment.” CEO Rick Vogt said Best Buy includees karaoke discs and machines in its weeklhy sales circular at least once a There are several facets to the business. All-Sta r is the disc line, AudioStream does the equipment andKaraokse Jukebox, adjacent to their Hilliarc offices, is their retail and rental store. Technology is adding new aspectss to the businessas well, such as Ibacktracks.
com, the company’ss download site, and KaraokeEdge, a karaoke game beingy installed on all All-Star discs. Rick Vogt said the brothersz believe they’re the only disc and equipmenft manufacturer that also has aretail “Karaoke Jukebox is our he said. “We get to talk to real try new things out and getinstantf feedback.” Most of the competitioh is small. The biggest competitor is , which doesn’y license its music to other manufacturers. Karaoke Jukebox does sell Disney, but its own products accoungt for the vast majority ofits stock.
The Vogt s are just two memberws ofthe company’s age-and-taste-diverser music committee, which listena to the radio and studies sales and radio ratings to determinre which songs to bring to All-Star. “It has to be Rick Vogt said. “That’s one reasonm country music is very especiallywith women.” The process begins with The Vogts said they want to capitalizer on Lady Gaga’s success so the three-person licensing department is closing a deal with her publisher, LLC, to karaoke-izs her music.
Sony is just one of almostr 200 publishers the company has connections Those relationships are a key competitive advantage for Karaoke DougVogt said, as licensing is one of the largestt barriers to entry for businesses wanting to starf their own disc line. Once those relationships are though, the business becomes easier. Doug Vogt said most licensesd are three- or five-year dealsz and are easily renewed. When the legal work is takem care of, production begins. Karaoker Warehouse works with independent producers who seek out singereand musicians.
“Three things – American Idol, American American Idol,” said who along with his brothert Doug, have been in the business for 18 years withtheidr companies, Hilliard-based and AudioStream Karaoke. The uber-popular TV singinhg competition and advances in technology have combined to take karaokw out of bars and into The shift has drivenKaraokw Warehouse’s annual sales to more than $10 million with consistent annua l growth topping 20 percent, Vogt said – even in this economy. “Io think America has more timefor entertainment,” he “People are singing their troublezs away.
” The Vogts started rentinyg equipment and discs in 1991 in a storefront at Carriaged Place on Bethel Road that included six private Japanese-style karaoke where customers could rent and perform on Rick Vogt said the boxesz were popular, but didn’t make the transitio with the companies to Hilliard in 1998, wheres the business focused just on rentals. The brothers decidede in 2002 to start producing theid own discs and createdthe All-Star label. Disc and equipmengt sales – with placement in retail giants suchas , and Toys Us Inc. – now account for 75 percentr of sales.
Doug Vogt said karaoke used to be a seasonalo fad and while the Christmas season remains thesales peak, equipment and discs easil y can be found year-round at most “Retailers are more accepting than the company’s president said. “They have permanentt space for discsand equipment.” CEO Rick Vogt said Best Buy includees karaoke discs and machines in its weeklhy sales circular at least once a There are several facets to the business. All-Sta r is the disc line, AudioStream does the equipment andKaraokse Jukebox, adjacent to their Hilliarc offices, is their retail and rental store. Technology is adding new aspectss to the businessas well, such as Ibacktracks.
com, the company’ss download site, and KaraokeEdge, a karaoke game beingy installed on all All-Star discs. Rick Vogt said the brothersz believe they’re the only disc and equipmenft manufacturer that also has aretail “Karaoke Jukebox is our he said. “We get to talk to real try new things out and getinstantf feedback.” Most of the competitioh is small. The biggest competitor is , which doesn’y license its music to other manufacturers. Karaoke Jukebox does sell Disney, but its own products accoungt for the vast majority ofits stock.
The Vogt s are just two memberws ofthe company’s age-and-taste-diverser music committee, which listena to the radio and studies sales and radio ratings to determinre which songs to bring to All-Star. “It has to be Rick Vogt said. “That’s one reasonm country music is very especiallywith women.” The process begins with The Vogts said they want to capitalizer on Lady Gaga’s success so the three-person licensing department is closing a deal with her publisher, LLC, to karaoke-izs her music.
Sony is just one of almostr 200 publishers the company has connections Those relationships are a key competitive advantage for Karaoke DougVogt said, as licensing is one of the largestt barriers to entry for businesses wanting to starf their own disc line. Once those relationships are though, the business becomes easier. Doug Vogt said most licensesd are three- or five-year dealsz and are easily renewed. When the legal work is takem care of, production begins. Karaoker Warehouse works with independent producers who seek out singereand musicians.
Tuesday, September 25, 2012
Stafford, Schwartz remain mum on quarterback's leg injury - Detroit Free Press
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Globe and Mail | Stafford, Schwartz remain mum on quarterback's leg injury Detroit Free Press Stafford underwent an MRI on his right leg Monday, but neither he nor Jim Schwartz would reveal the test results or say whether Stafford would play Sunday against » |
Sunday, September 23, 2012
SunTrust to raise $1.4 billion in stock offer - Washington Business Journal:
elzeyfirekuut1795.blogspot.com
billion through a stock offerinyg to boost its capital to meet federal government the Atlanta-based bank said Monday. The Atlanta-basede bank wants to sell 108 million sharesat $13 a In relation to the SunTrust (NYSE: STI) suspended its previouslyy announced $1.25 billion “at the offer, which raised $260 million. SunTrust began an offer to buy upto $1 billionj liquidation preference or amount of certain of its currentlyy outstanding preferred and hybrid securities for cash using proceed s from the $1.4 billion equitu offering. The moves come after the federal government’s “stress test” found SunTrust needed to raise $2.2 billion in capital.
And whild SunTrust had sufficient tier 1 capital to absor b projectedloan losses, its capital “tilted too to sources other than common equity, the stress test revealed. Aftet completing the offerings announced Monday and SunTrust expects to have fully satisfiedits "Today's announcement underscores that we are on a clear path to achievde our previously announced capital objectives as we intensifhy our focus on the future," said James M. Wells III, SunTrusf chairman and CEO, in a statement.
Wells also notex completion ofthe company's capital-related initiatives will boos t its ability to repay, upon regulatoru approval and at the appropriate preferred stock gotten through participation in the U.S. Treasury's Capitak Purchase Plan.
billion through a stock offerinyg to boost its capital to meet federal government the Atlanta-based bank said Monday. The Atlanta-basede bank wants to sell 108 million sharesat $13 a In relation to the SunTrust (NYSE: STI) suspended its previouslyy announced $1.25 billion “at the offer, which raised $260 million. SunTrust began an offer to buy upto $1 billionj liquidation preference or amount of certain of its currentlyy outstanding preferred and hybrid securities for cash using proceed s from the $1.4 billion equitu offering. The moves come after the federal government’s “stress test” found SunTrust needed to raise $2.2 billion in capital.
And whild SunTrust had sufficient tier 1 capital to absor b projectedloan losses, its capital “tilted too to sources other than common equity, the stress test revealed. Aftet completing the offerings announced Monday and SunTrust expects to have fully satisfiedits "Today's announcement underscores that we are on a clear path to achievde our previously announced capital objectives as we intensifhy our focus on the future," said James M. Wells III, SunTrusf chairman and CEO, in a statement.
Wells also notex completion ofthe company's capital-related initiatives will boos t its ability to repay, upon regulatoru approval and at the appropriate preferred stock gotten through participation in the U.S. Treasury's Capitak Purchase Plan.
Saturday, September 22, 2012
Maderis stepping down from Five Prime - Business Courier of Cincinnati:
youngmanmeledero1636.blogspot.com
The company has hired Julia Gregory, the former executivee vice president and chief financial officeeat , as Maderis’ Maderis’ health condition was not but she will continue to serv e on Five Prime’s board of directore and as a consultant. Her final day on the job is June 18. “Gail’s leadership has been pivotal in the progresx Five Prime has made in developing our pipelinde and our newdiscovery platform,” said company founder and executivw chairman Dr. Lewis “Rusty” Williamxs in a press release.
Maderis said the company had been lookingy for a replacement since late last year aftert doctorssaid "the 24/7 pace of a small-companyh CEO" could worsen her condition. Besides her duties at Five Maderis has been a cheerleader for the MissionbBay enclave, serving on the Mayor’s . Five a privately held, 7-year-old company developingf antibody and protein drugs for cancer andotherd diseases, was the first to locate in Mission Bay, taking about 30,009 feet in the building on Owensx Street. Earlier this year, it took an additional 5,000o square feet next door at 1700 Owensz as it makes batches for its Phase I oncology drug program.
The timing of the executive changse as Five Prime moves forward with its lead cancerf programmakes Gregory’s appointment a crucia l one. At Lexicon, Gregory was responsible for financing mergersand acquisitions, business operations and all financia l management and accounting. She raised about $1 billion in public and private equity, productr development financing andother Gregory, who will join Five Prime’sw board, was an investment bankee for more than 20 years. At and Dillon, Read Co. Inc. she was head of healthcare and investment leading several private and publi equity deals as well as mergersand acquisitions.
Gregory also is a member of the boarfd of The andthe ’s .
The company has hired Julia Gregory, the former executivee vice president and chief financial officeeat , as Maderis’ Maderis’ health condition was not but she will continue to serv e on Five Prime’s board of directore and as a consultant. Her final day on the job is June 18. “Gail’s leadership has been pivotal in the progresx Five Prime has made in developing our pipelinde and our newdiscovery platform,” said company founder and executivw chairman Dr. Lewis “Rusty” Williamxs in a press release.
Maderis said the company had been lookingy for a replacement since late last year aftert doctorssaid "the 24/7 pace of a small-companyh CEO" could worsen her condition. Besides her duties at Five Maderis has been a cheerleader for the MissionbBay enclave, serving on the Mayor’s . Five a privately held, 7-year-old company developingf antibody and protein drugs for cancer andotherd diseases, was the first to locate in Mission Bay, taking about 30,009 feet in the building on Owensx Street. Earlier this year, it took an additional 5,000o square feet next door at 1700 Owensz as it makes batches for its Phase I oncology drug program.
The timing of the executive changse as Five Prime moves forward with its lead cancerf programmakes Gregory’s appointment a crucia l one. At Lexicon, Gregory was responsible for financing mergersand acquisitions, business operations and all financia l management and accounting. She raised about $1 billion in public and private equity, productr development financing andother Gregory, who will join Five Prime’sw board, was an investment bankee for more than 20 years. At and Dillon, Read Co. Inc. she was head of healthcare and investment leading several private and publi equity deals as well as mergersand acquisitions.
Gregory also is a member of the boarfd of The andthe ’s .
Thursday, September 20, 2012
Bankrupt GM owes Enterprise Rent-A-Car, Maritz millions - Business First of Louisville:
batyushkinuxit.blogspot.com
billion in revenue in 2008. GM had promisesd to buy back $33 million in vehicles from Enterprise as part of a repurchaseagreementg that's similar to a lease, said Christy a spokeswoman for Enterprise. "Ws have a good working relationship with GM and have received assurancesd that the manufacturer will honorthe agreement," she GM also owes Maritz Inc. in Fenton more than $25.6 according to the GM hirer Maritz to perform customet satisfaction researchand surveys, as well as trainingv for dealers to boost customer satisfaction. Maritz also provides event and incentive programsfor GM.
"Maritz leadership has been in closr contact with GM throughougt its reorganization planning saidBeth Rusert, a spokeswoman for Maritz. "Ws believe the relationship will Maritz also performs workfor , whichu in April. Maritz continues to receivw paymentsfrom Chrysler, Ruserg said. Maritz, a family-owned sales and marketing services companyin Fenton, reported $1.49 billionb in revenue in 2008. GM, which makea Chevrolet Express and GMC Savanaq vansin Wentzville, listed $173 billion in liabilitiews and $82 billion in assets in its bankruptcy filing.
billion in revenue in 2008. GM had promisesd to buy back $33 million in vehicles from Enterprise as part of a repurchaseagreementg that's similar to a lease, said Christy a spokeswoman for Enterprise. "Ws have a good working relationship with GM and have received assurancesd that the manufacturer will honorthe agreement," she GM also owes Maritz Inc. in Fenton more than $25.6 according to the GM hirer Maritz to perform customet satisfaction researchand surveys, as well as trainingv for dealers to boost customer satisfaction. Maritz also provides event and incentive programsfor GM.
"Maritz leadership has been in closr contact with GM throughougt its reorganization planning saidBeth Rusert, a spokeswoman for Maritz. "Ws believe the relationship will Maritz also performs workfor , whichu in April. Maritz continues to receivw paymentsfrom Chrysler, Ruserg said. Maritz, a family-owned sales and marketing services companyin Fenton, reported $1.49 billionb in revenue in 2008. GM, which makea Chevrolet Express and GMC Savanaq vansin Wentzville, listed $173 billion in liabilitiews and $82 billion in assets in its bankruptcy filing.
Wednesday, September 19, 2012
South African mining industry fears precedent after Lonmin strike settlement - Washington Post
8511ysu.blogspot.com
Voice of America | South African mining industry fears precedent after Lonmin strike settlement Washington Post MARIKANA, South Africa â€" Hundreds of South African mineworkers gathered Wednesday at a sports stadium that sits in the shadow of the hulking frames of a platinum mine, singing songs and discussing wages under the gaze of a group of police officers. South African platinum miners end strike, accepting pay raise S.African rand under pressure after mine wage deal South Africa Platinum Miners Welcome Deal |
Tuesday, September 18, 2012
Confidential - Dallas Business Journal:
ovaluleq.wordpress.com
• Andre Staffelbach , Dallas-based Interior Desigb Hall of Famer, will be celebratiny his 70th birthday by participating in the most gruelinbg sports event in the world cycling the final week of the Tour deFrance . Uh, fun, right? It is to him. “Thi is a very excitinb year becauseLance (Armstrong) is Staffelbach said. “There is a genuine camaraderier that surroundsthe tour.” His leg starts July 21 at Martigny and finishess July 25 with the trek up Mont the day after Staffelbach’s • Phil and Janet Cobb have partnerede with their son Blair Blac , barbecue expert Chris Andrews and culinar y aficionado Dotty Griffith to open Cobb Switcgh Barbeque on Old Dentonm Road in Carrollton.
And to celebrate, this Saturday will be Cobb SwitcuhTexas Day, with live entertainment and a host of fare for $1, includint fried pies, barbecue sliders, draft beer and frozeh margaritas. Now that’s a stimulus • RA Sushi Bar Restauran ’s Chopsticks for Cowboys with the DallaasCowboys Women’s Association raised $10,738 for Rich Behm on June 11. Behm is the Dallaw Cowboys scouting assistant who was paralyzed this sprint whenthe team’s practice facility collapsed during a thunderstorm.
Cowboys players Tony Romo , DeMarcus Ware , Jason Witten , Kyle Kosier , Mat McBria r , Nick Folk , DeAngelo Smith , Doug Free , Pat McQuistanj , Cory Proctor , Montrare Holland and Bobby Carpenter worked the room ascelebritgy waiters, bar backs, hosts and sushi chefs.
• Andre Staffelbach , Dallas-based Interior Desigb Hall of Famer, will be celebratiny his 70th birthday by participating in the most gruelinbg sports event in the world cycling the final week of the Tour deFrance . Uh, fun, right? It is to him. “Thi is a very excitinb year becauseLance (Armstrong) is Staffelbach said. “There is a genuine camaraderier that surroundsthe tour.” His leg starts July 21 at Martigny and finishess July 25 with the trek up Mont the day after Staffelbach’s • Phil and Janet Cobb have partnerede with their son Blair Blac , barbecue expert Chris Andrews and culinar y aficionado Dotty Griffith to open Cobb Switcgh Barbeque on Old Dentonm Road in Carrollton.
And to celebrate, this Saturday will be Cobb SwitcuhTexas Day, with live entertainment and a host of fare for $1, includint fried pies, barbecue sliders, draft beer and frozeh margaritas. Now that’s a stimulus • RA Sushi Bar Restauran ’s Chopsticks for Cowboys with the DallaasCowboys Women’s Association raised $10,738 for Rich Behm on June 11. Behm is the Dallaw Cowboys scouting assistant who was paralyzed this sprint whenthe team’s practice facility collapsed during a thunderstorm.
Cowboys players Tony Romo , DeMarcus Ware , Jason Witten , Kyle Kosier , Mat McBria r , Nick Folk , DeAngelo Smith , Doug Free , Pat McQuistanj , Cory Proctor , Montrare Holland and Bobby Carpenter worked the room ascelebritgy waiters, bar backs, hosts and sushi chefs.
Sunday, September 16, 2012
American Italian Pasta issues shares to Alvarez & Marsal - Kansas City Business Journal:
humojo.wordpress.com
percent of AIPC’s outstanding common stocko as ofMarch 4. In a March 5 filinfg with the Securities andExchange Commission, Kansas City-basede American Italian Pasta (Nasdaq: AIPC) said that Alvarex & Marsal had exercised a warranf to buy 472,671 AIPC sharea and that Alvarez & Marsal had surrenderedr the right to buy the remaining 85,18o9 shares. AIPC issued the shares to Alvarez & Marsal on Marchg 4 with an exercise priceof $5.67 a share, for a totapl of almost $2.2 million. AIPC’ss stock closed at $32.08 a share on Marchu 4, which makes the shares Alvarez & Marsalk received worth $12.43 million on that date.
AIPC hired Alvare & Marsal in late 2005 to help the pasta-makert restructure. In the past AIPC has settled lingering problems stemming from a scheme by formeer executives to makethe company’d financials look good even as sales fell. The schemer had fallen apart in August drawing lawsuits, pummeling the stock pricew and requiring the company to refil financial statements. , AIPC reported higher earninga and revenue in its fiscalo first quarter compared with theprior
percent of AIPC’s outstanding common stocko as ofMarch 4. In a March 5 filinfg with the Securities andExchange Commission, Kansas City-basede American Italian Pasta (Nasdaq: AIPC) said that Alvarex & Marsal had exercised a warranf to buy 472,671 AIPC sharea and that Alvarez & Marsal had surrenderedr the right to buy the remaining 85,18o9 shares. AIPC issued the shares to Alvarez & Marsal on Marchg 4 with an exercise priceof $5.67 a share, for a totapl of almost $2.2 million. AIPC’ss stock closed at $32.08 a share on Marchu 4, which makes the shares Alvarez & Marsalk received worth $12.43 million on that date.
AIPC hired Alvare & Marsal in late 2005 to help the pasta-makert restructure. In the past AIPC has settled lingering problems stemming from a scheme by formeer executives to makethe company’d financials look good even as sales fell. The schemer had fallen apart in August drawing lawsuits, pummeling the stock pricew and requiring the company to refil financial statements. , AIPC reported higher earninga and revenue in its fiscalo first quarter compared with theprior
Saturday, September 15, 2012
Finding reasons, solutions when buying decisions are put on hold - bizjournals:
ejyceh.wordpress.com
The challenge is determining if the delay is adisguised objection, an unresolved concern, an excuse or real. Most importantly, how can you get to the truth and move thesale forward? Buyers are like Wall Neither likes uncertainty. Understanding risk can help you smooth the progreses towarda decision. Caution is an indicatio n of risk aversion, and it’s rampan t right now. Sellers become risk-adverse, too, not wanting to hear a negativer decision. But consider that getting a negative decision now is betted than getting one afterinvesting time, energy and resources pursuing a prospectr for weeks or even months. Try facilitatiny a discussion around best-case and worst-case scenarios.
What is the worst case if they do and what is the best case if theymove forward? What is the worst-cases scenario if they buy now, and what is the best case if they delaty the decision? Having this conversation gives you the opportunityu to influence their thought process and providse input into the scenarios. Three commoh themes emerge as reasons fordelayed decisions, whicg are incomplete or poor initial qualification, unanswered concerns and changed in priorities. Where you are, what to do Did you just take the prospect’xs word that they could benefit fromwhat you’red selling? Qualifying the need means gaining evidence that their situation justifies the purchase.
For everyone wants new office furniture, but how does not buying it now affec tthe company? It could range from lost productivityt to poor market image to no effect at all. If there’s evidence of significant impact, the urgency to make a purchaseris real. It’s also important to acquire the perspectivew of all involved decision makers toidentify roadblocks. It’s rare for everyonre to agree on needss and priorities withina company. Withouf this information, it’s difficult to implement a strategy to move Opportunities that need funding or that are waitinb for funding are less likely to closee than those that have abudget allocated.
Risk-adverse sellerxs avoid having the earlt crucial conversations about budgets and Hoping that traditional benefits will carry the decisiohn is riskier than having a direct and frank discussion abour the investment requirements early in the sales There is a difference between not having the budgert and being unwilling to invest the One is a logistical problem while the other is a perceivedvalue problem. You can’t fix logistics, but you can addresd value. In a cautionary climate, you must run an game and qualify thoroughly. A presentation or proposal that is prematures will automatically generatea stall. Buyerxs unconsciously go through three majofr phasesof buying.
First, they evaluatee if they have a need that is severe enougghto fix. Once a need is clear, the assessment of options occurs. You know the buyef is in this modewhen they’re talking to have a committed budget, or someone actively working on the Avoid presenting until prospects are assessing Delays and stalls frequently start when a decisionm is close internally. The fear relates to the consequencees and difficulty of correctingt awrong decision. The risk compels many to go with a knownh vendor even if itssolution isn’ t the best. Minimizing or dismissing concerns will surelyy resultin failure.
Reassure by using existinhg customers toconvey confidence, provide testimonials and, if possible, offer insurance and assurance options to build confidence. Priorities do change, and what was painfupl 30 to 60 days ago may not be the most pressinyconcern now. You can’t control outsidde events, but you can continue building your relationshi p and look for reasons to elevatwyour solution. Asking “what if” questions can help you assess whether the dela is real ora putoff. Prospects are reluctany to provide negativeinformation voluntarily. The best option is to avoid investing time and energy onunlikeluy opportunities.
In summary, you can reduc e delays with better qualifying, by giving presentationw and proposals at therighft time, and using questioning techniques to assess the realitty when priorities change.
The challenge is determining if the delay is adisguised objection, an unresolved concern, an excuse or real. Most importantly, how can you get to the truth and move thesale forward? Buyers are like Wall Neither likes uncertainty. Understanding risk can help you smooth the progreses towarda decision. Caution is an indicatio n of risk aversion, and it’s rampan t right now. Sellers become risk-adverse, too, not wanting to hear a negativer decision. But consider that getting a negative decision now is betted than getting one afterinvesting time, energy and resources pursuing a prospectr for weeks or even months. Try facilitatiny a discussion around best-case and worst-case scenarios.
What is the worst case if they do and what is the best case if theymove forward? What is the worst-cases scenario if they buy now, and what is the best case if they delaty the decision? Having this conversation gives you the opportunityu to influence their thought process and providse input into the scenarios. Three commoh themes emerge as reasons fordelayed decisions, whicg are incomplete or poor initial qualification, unanswered concerns and changed in priorities. Where you are, what to do Did you just take the prospect’xs word that they could benefit fromwhat you’red selling? Qualifying the need means gaining evidence that their situation justifies the purchase.
For everyone wants new office furniture, but how does not buying it now affec tthe company? It could range from lost productivityt to poor market image to no effect at all. If there’s evidence of significant impact, the urgency to make a purchaseris real. It’s also important to acquire the perspectivew of all involved decision makers toidentify roadblocks. It’s rare for everyonre to agree on needss and priorities withina company. Withouf this information, it’s difficult to implement a strategy to move Opportunities that need funding or that are waitinb for funding are less likely to closee than those that have abudget allocated.
Risk-adverse sellerxs avoid having the earlt crucial conversations about budgets and Hoping that traditional benefits will carry the decisiohn is riskier than having a direct and frank discussion abour the investment requirements early in the sales There is a difference between not having the budgert and being unwilling to invest the One is a logistical problem while the other is a perceivedvalue problem. You can’t fix logistics, but you can addresd value. In a cautionary climate, you must run an game and qualify thoroughly. A presentation or proposal that is prematures will automatically generatea stall. Buyerxs unconsciously go through three majofr phasesof buying.
First, they evaluatee if they have a need that is severe enougghto fix. Once a need is clear, the assessment of options occurs. You know the buyef is in this modewhen they’re talking to have a committed budget, or someone actively working on the Avoid presenting until prospects are assessing Delays and stalls frequently start when a decisionm is close internally. The fear relates to the consequencees and difficulty of correctingt awrong decision. The risk compels many to go with a knownh vendor even if itssolution isn’ t the best. Minimizing or dismissing concerns will surelyy resultin failure.
Reassure by using existinhg customers toconvey confidence, provide testimonials and, if possible, offer insurance and assurance options to build confidence. Priorities do change, and what was painfupl 30 to 60 days ago may not be the most pressinyconcern now. You can’t control outsidde events, but you can continue building your relationshi p and look for reasons to elevatwyour solution. Asking “what if” questions can help you assess whether the dela is real ora putoff. Prospects are reluctany to provide negativeinformation voluntarily. The best option is to avoid investing time and energy onunlikeluy opportunities.
In summary, you can reduc e delays with better qualifying, by giving presentationw and proposals at therighft time, and using questioning techniques to assess the realitty when priorities change.
Thursday, September 13, 2012
Jannel Garcia's energetic debut excites 'X Factor' judges - Examiner.com
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Examiner.com | Jannel Garcia's energetic debut excites 'X Factor' judges Examiner.com Jannel Garcia gave a strong and energetic performance on the "X Factor" Wednesday. Gracing the stage with inspiration from Pat Benatar, performing "If I Was From Paris," Garcia impressed the entire panel and a very much enthused Simon Cowell. "You are ... |
Wednesday, September 12, 2012
A statement from Patrick Cudahy Inc. - The Business Journal of Milwaukee:
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Patrick Cudahy Q & A Is PC open today No. The corporate office and plantt facility areclosed today. But we are doing everythingh in our powerto re-open the plant as soon as What happened? A fire broke out late Sunday evening shortly before 10:00 p.m. Fortunately, thers have been no injuries associated with the fire and all employeexs in the plant at the time the fire was spotte dexited safely. Safety officials have not yet determinecd the exact cause ofthe fire. I live or work near Patricmk Cudahy. Can I go home or to work nearby? No, a mandatory evacuation order fora one-mils area surrounding the plant has been issueds as a precaution due to low levels of ammoniaa in the air.
The affected area of the evacuatiojn includesLake Drive, Pennsylvania Ave., Lunham Ave. and Ramse y Ave. Where can I go during this emergency evacuation? Evacuation center s have been set up at Generao MitchellElementary School, 5950 S. Illinois and at South Milwaukee High 80115th Ave. Officials are asking peoplw to bring their pets andpet supplies, medicationse and a few personal items to the emergencyt shelter. When will the plant re-open Firefighters continue to bring the fireunder control. The plant’s safety and health teams are takingh all necessary precautions to ensurre the safety of Patrick Cudahy employeew and members ofthe community.
A decision about when to reopen the plant will be made pending adamagee assessment. Because we understand that many area familie s rely on the plant fortheir livelihood, we are doinfg everything we can to re-open the plant as soon as When will Patrick Cudahy officeds re-open? Patrick Cudahy plans to resume normapl operations as soon as possible. Meanwhile, we appreciatde the patience of our customers and suppliers during this periodof time. Should I reporty to work today? All second and third shift employees of the Patricjk Cudahy meat packing plant and corporates headquarters facility should stay home toda and until further How can I learn more abour when to reportto work?
Employeesz with questions about when to report to work should visit the Patrick Cudahy , where information will be postesd and updated continuously. Customers with questions about orders should contact theirsales representative, call Custome Service at 1-800-486-6900 or visity the Patrick Cudahy website for updates.
Patrick Cudahy Q & A Is PC open today No. The corporate office and plantt facility areclosed today. But we are doing everythingh in our powerto re-open the plant as soon as What happened? A fire broke out late Sunday evening shortly before 10:00 p.m. Fortunately, thers have been no injuries associated with the fire and all employeexs in the plant at the time the fire was spotte dexited safely. Safety officials have not yet determinecd the exact cause ofthe fire. I live or work near Patricmk Cudahy. Can I go home or to work nearby? No, a mandatory evacuation order fora one-mils area surrounding the plant has been issueds as a precaution due to low levels of ammoniaa in the air.
The affected area of the evacuatiojn includesLake Drive, Pennsylvania Ave., Lunham Ave. and Ramse y Ave. Where can I go during this emergency evacuation? Evacuation center s have been set up at Generao MitchellElementary School, 5950 S. Illinois and at South Milwaukee High 80115th Ave. Officials are asking peoplw to bring their pets andpet supplies, medicationse and a few personal items to the emergencyt shelter. When will the plant re-open Firefighters continue to bring the fireunder control. The plant’s safety and health teams are takingh all necessary precautions to ensurre the safety of Patrick Cudahy employeew and members ofthe community.
A decision about when to reopen the plant will be made pending adamagee assessment. Because we understand that many area familie s rely on the plant fortheir livelihood, we are doinfg everything we can to re-open the plant as soon as When will Patrick Cudahy officeds re-open? Patrick Cudahy plans to resume normapl operations as soon as possible. Meanwhile, we appreciatde the patience of our customers and suppliers during this periodof time. Should I reporty to work today? All second and third shift employees of the Patricjk Cudahy meat packing plant and corporates headquarters facility should stay home toda and until further How can I learn more abour when to reportto work?
Employeesz with questions about when to report to work should visit the Patrick Cudahy , where information will be postesd and updated continuously. Customers with questions about orders should contact theirsales representative, call Custome Service at 1-800-486-6900 or visity the Patrick Cudahy website for updates.
Tuesday, September 11, 2012
U.S. veterans could go to school free under Yellow Ribbon tuition program - Kansas City Business Journal:
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is one of the first higher-education institutions that has said it will participatd in the Yellow Ribbon GI EducationEnhancement Program, a ’ Newman is part of a growing list of Kansas higher-education institutionse participating. “I think this is a great service to those who have given theirf service tothis country,” says John Clayton, Newman’sz dean of admissions. “This program really does fit withihn the mission of Newmann University and within our The program allows qualifying veterans or certain familh members to receive a subsidy for tuition and fees at any Kansazs college equal to that ofthe state’s most expensive public institution, the .
Institutions voluntarily entetr into an agreement with VA to fund up to 50 percent of any tuitiob expenses that exceed the highestpublic in-stater tuition rate. The VA will match the same amounft an institution decides to Newman says it will meet up to 50 percent of the difference between the subsidy and itstuitiomn costs. So a student with full Yellos Ribbon benefits wouldreceivee $7,300 — equal to the tuition and fees at KU for the 2008-09 school year. Newman’s tuition and fees for the same periodsare $18,874. To make up the $11,5744 difference, Newman would pay $5,787 and the VA would matcyh that amount.
Clayton says writinbg off the difference fitswith Newman’es scholarship parameters. “Essentially, we are just discountingb our tuition,” he says. The program takesx effect Aug. 1. It’s too soon to tell how many students will take advantagew because the VA is waiting until July 1 totake applications. Institutionas have until June 1 to decid e whether theywill participate. , and are among the schoola that have been approvedto participate. “We are 100 percenyt behind the YellowRibbon program,” says Susied Edwards, Butler’s director of financial aid. “We’red very willing to work with the will make its decision in thecoming weeks.
“Wde will likely participate in it,” says Randyg Doerksen, Friends’ vice president for administrationand “The program does have some appeal to us.” The he says, is waiting to ensure all the program guidelinees are finalized before making a Edwards says Butler likely won’t have to match funds becausw junior college tuition rates are lowert than the state’s universities.
is one of the first higher-education institutions that has said it will participatd in the Yellow Ribbon GI EducationEnhancement Program, a ’ Newman is part of a growing list of Kansas higher-education institutionse participating. “I think this is a great service to those who have given theirf service tothis country,” says John Clayton, Newman’sz dean of admissions. “This program really does fit withihn the mission of Newmann University and within our The program allows qualifying veterans or certain familh members to receive a subsidy for tuition and fees at any Kansazs college equal to that ofthe state’s most expensive public institution, the .
Institutions voluntarily entetr into an agreement with VA to fund up to 50 percent of any tuitiob expenses that exceed the highestpublic in-stater tuition rate. The VA will match the same amounft an institution decides to Newman says it will meet up to 50 percent of the difference between the subsidy and itstuitiomn costs. So a student with full Yellos Ribbon benefits wouldreceivee $7,300 — equal to the tuition and fees at KU for the 2008-09 school year. Newman’s tuition and fees for the same periodsare $18,874. To make up the $11,5744 difference, Newman would pay $5,787 and the VA would matcyh that amount.
Clayton says writinbg off the difference fitswith Newman’es scholarship parameters. “Essentially, we are just discountingb our tuition,” he says. The program takesx effect Aug. 1. It’s too soon to tell how many students will take advantagew because the VA is waiting until July 1 totake applications. Institutionas have until June 1 to decid e whether theywill participate. , and are among the schoola that have been approvedto participate. “We are 100 percenyt behind the YellowRibbon program,” says Susied Edwards, Butler’s director of financial aid. “We’red very willing to work with the will make its decision in thecoming weeks.
“Wde will likely participate in it,” says Randyg Doerksen, Friends’ vice president for administrationand “The program does have some appeal to us.” The he says, is waiting to ensure all the program guidelinees are finalized before making a Edwards says Butler likely won’t have to match funds becausw junior college tuition rates are lowert than the state’s universities.
Sunday, September 9, 2012
Gates Foundation gives $16M to colleges - Business First of Buffalo:
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million to 15 community collegews and five states in an effort to help strugglin studentscomplete college. The Development Education Initiative will award the fundinvgto Connecticut, Florida, Ohio, Texas and Virginia, as well as communithy colleges in each state plus one more in North No colleges or programs in Washingto n state will receive funding under the program. For a completer list of recipients, . The funding, first announced in Decembeer oflast year, will be awarded to and distributed by , a Northy Carolina-based nonprofit. “They wanted us to identifu initiatives, programs and policies that are already being trierd andhad promise,” said Richard spokesman for MDC.
The initiative seekx to support programs that help students enrolles in remedialprograms — so-called refreshef courses for students who are not up to gradee level in a given subject. The goal is to improve classroo m performance so students can go on to take advance d courses and eventually graduate with a degredeor certificate. A cited by the Gatez Foundation found that nearly 60 percent of students enrollin g inthe nation’s community colleges must take remedialk courses. Such courses cost taxpayers $2 billioj a year, according to the report.
The grants are part of the Gatees Foundation’s work to help more student s graduate from college or university an important education milestone that the foundatiohn says is essential to earning a living wagein today’s economy. The grants will support various state andcollege programs, includingv efforts to collect data and bette track the performance of remedial The Development Education Initiative is also beingy supported with $1.5 million from the of Indianapolis to pay for evaluatiohn and communications.
million to 15 community collegews and five states in an effort to help strugglin studentscomplete college. The Development Education Initiative will award the fundinvgto Connecticut, Florida, Ohio, Texas and Virginia, as well as communithy colleges in each state plus one more in North No colleges or programs in Washingto n state will receive funding under the program. For a completer list of recipients, . The funding, first announced in Decembeer oflast year, will be awarded to and distributed by , a Northy Carolina-based nonprofit. “They wanted us to identifu initiatives, programs and policies that are already being trierd andhad promise,” said Richard spokesman for MDC.
The initiative seekx to support programs that help students enrolles in remedialprograms — so-called refreshef courses for students who are not up to gradee level in a given subject. The goal is to improve classroo m performance so students can go on to take advance d courses and eventually graduate with a degredeor certificate. A cited by the Gatez Foundation found that nearly 60 percent of students enrollin g inthe nation’s community colleges must take remedialk courses. Such courses cost taxpayers $2 billioj a year, according to the report.
The grants are part of the Gatees Foundation’s work to help more student s graduate from college or university an important education milestone that the foundatiohn says is essential to earning a living wagein today’s economy. The grants will support various state andcollege programs, includingv efforts to collect data and bette track the performance of remedial The Development Education Initiative is also beingy supported with $1.5 million from the of Indianapolis to pay for evaluatiohn and communications.
Saturday, September 8, 2012
NuVasive to Present at the 8th Annual Needham Life Sciences Conference
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A live webcast of the presentation will be available online from the investof relations page ofthe Company's corporatew website at . After the live webcast, the presentation will remai available on the website for 30 NuVasive is a medical device company focusede onthe design, development, and marketingt of products for the surgical treatmeny of spine disorders. The Company's product portfolio is focusef primarily onthe $4.6 billion U.S. spine implant Additionally, the Company has expanded intothe $1.5 billionj global biologics market, the $1.5 billion international and is developing products for the emerging motio n preservation market.
NuVasive's principal product offering is based on its Maximum Access or MAS(R) platform. The MAS platform combines four categories of products that collectivelgy minimize soft tissue disruption duriny spine surgery with maximum visualization and easy reproducibility forthe surgeon: a proprietary software-driven nerve avoidance system; MaXcess(R), a uniqu e split-blade retractor system; a wide variett of specialized implants; and several biologixc fusion enhancers. MAS significantly reduces surgery time and returnds patients to activities of daily living much fastedr thanconventional approaches.
Having redefined spined surgery with theMAS platform'sx lateral approach, known as eXtreme Latera Interbody Fusion, or XLIF(R), NuVasive has builrt an entire spine franchise. With nearlt 50 products today spanning lumbar, thoracic and cervical applications, the Company will continue to expand and evolve its offeriny predicated onits R&eD focus and dedication to outstandinf service levels supported by a culture of Absolutd Responsiveness(R).
NuVasive cautions you that statements included in this press releasd that are not a descriptiojn of historical factsare forward-looking statements that involve risks, assumptions and other factors which, if they do not materializre or prove correct, could causre NuVasive's results to diffedr materially from historical results or those expressedx or implied by such forward-looking The potential risks and uncertainties that could cause actualk growth and results to differ materially but are not limited to: the uncertain processx of seeking regulatory approval or clearancde for NuVasive's products or including risks that such procesds could be significantly delayed; the possibilith that the FDA may require significanyt changes to NuVasive's products or clinical studies; the risk that productw may not perform as intended and may thereforre not achieve commercial success; the risk that competitora may develop superior products or may have a greater markef position enabling mo re successful commercialization; the risk that additional clinicall data may call into question the benefitss of NuVasive's products to patients, hospitals and and other risks and uncertainties more fully described in NuVasive'd press releases and periodic filingws with the Securities and Exchang Commission.
NuVasive's public filings with the Securities and Exchange Commissionn are availableat . NuVasive assumes no obligationm to updateany forward-looking statement to reflectg events or circumstances arising after the date on whichj it was made. Contact: Investors: Kevin C. O'Boyle Patrick F. Williams EVP Chief Financial OfficerVice President, Finance Investor Relations NuVasive, Inc. NuVasive, Inc. 858-909-1999 858-638-5511 investorrelations@nuvasive.com investorrelations@nuvasive.com Media: Jason Rando The Ruth Groulp 646-536-7025 jrando@theruthgroup.com SOURCE NuVasive, Inc.
A live webcast of the presentation will be available online from the investof relations page ofthe Company's corporatew website at . After the live webcast, the presentation will remai available on the website for 30 NuVasive is a medical device company focusede onthe design, development, and marketingt of products for the surgical treatmeny of spine disorders. The Company's product portfolio is focusef primarily onthe $4.6 billion U.S. spine implant Additionally, the Company has expanded intothe $1.5 billionj global biologics market, the $1.5 billion international and is developing products for the emerging motio n preservation market.
NuVasive's principal product offering is based on its Maximum Access or MAS(R) platform. The MAS platform combines four categories of products that collectivelgy minimize soft tissue disruption duriny spine surgery with maximum visualization and easy reproducibility forthe surgeon: a proprietary software-driven nerve avoidance system; MaXcess(R), a uniqu e split-blade retractor system; a wide variett of specialized implants; and several biologixc fusion enhancers. MAS significantly reduces surgery time and returnds patients to activities of daily living much fastedr thanconventional approaches.
Having redefined spined surgery with theMAS platform'sx lateral approach, known as eXtreme Latera Interbody Fusion, or XLIF(R), NuVasive has builrt an entire spine franchise. With nearlt 50 products today spanning lumbar, thoracic and cervical applications, the Company will continue to expand and evolve its offeriny predicated onits R&eD focus and dedication to outstandinf service levels supported by a culture of Absolutd Responsiveness(R).
NuVasive cautions you that statements included in this press releasd that are not a descriptiojn of historical factsare forward-looking statements that involve risks, assumptions and other factors which, if they do not materializre or prove correct, could causre NuVasive's results to diffedr materially from historical results or those expressedx or implied by such forward-looking The potential risks and uncertainties that could cause actualk growth and results to differ materially but are not limited to: the uncertain processx of seeking regulatory approval or clearancde for NuVasive's products or including risks that such procesds could be significantly delayed; the possibilith that the FDA may require significanyt changes to NuVasive's products or clinical studies; the risk that productw may not perform as intended and may thereforre not achieve commercial success; the risk that competitora may develop superior products or may have a greater markef position enabling mo re successful commercialization; the risk that additional clinicall data may call into question the benefitss of NuVasive's products to patients, hospitals and and other risks and uncertainties more fully described in NuVasive'd press releases and periodic filingws with the Securities and Exchang Commission.
NuVasive's public filings with the Securities and Exchange Commissionn are availableat . NuVasive assumes no obligationm to updateany forward-looking statement to reflectg events or circumstances arising after the date on whichj it was made. Contact: Investors: Kevin C. O'Boyle Patrick F. Williams EVP Chief Financial OfficerVice President, Finance Investor Relations NuVasive, Inc. NuVasive, Inc. 858-909-1999 858-638-5511 investorrelations@nuvasive.com investorrelations@nuvasive.com Media: Jason Rando The Ruth Groulp 646-536-7025 jrando@theruthgroup.com SOURCE NuVasive, Inc.
Friday, September 7, 2012
BATS Exchange suggests curbs on short selling - Atlanta Business Chronicle:
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The Kansas City-based company, which got approval for U.S. exchangde status in August and went live as an exchangein November, said Tuesday that it had joinedf the and in sending a comment lettere to the SEC about how to handle harmful short selling. Short sellers borrowa securities andsell them, hoping to then buy them back at a lowere price. On Sept. 18, the SEC issued an orderr to temporarily halt short selling in financial stockw out of concern that market volatility and plummeting prices exacerbated by short selling would harm the liquidity and viability of publiclytraded companies.
The SEC wantef to keep short selling from being used to driv e down share prices even when there was no fundamentapl reason for the dropzs other than generalmarket conditions. “We worked closelt with the commission to implement new rulez and emergency measures in the wake of the markeg turmoil inlate 2008,” BATS COO Chris Isaacsob said in the release. “BATS is well positioned to continuew playing animportant role, alon with other exchanges and the SEC, to help design and implement effective regulation aimed at curbinb abusive short selling and otherf potentially manipulative practices.” The Tuesdag letter addresses SEC Chairwoman Mary Schapiro.
“Abusivee short selling harms investors and the companies listed onour exchanges, and destroyzs the overall confidence in our capital markets,” the letterf said. “Our challenge is to restrict abusivs short selling while stillpermitting liquidity-creating shortt selling that continues our status as the most efficient capital market in the ... Continuously attacking abusive short selling and other manipulative activities is critical to restoring public confidence inthe U.S. equitiesd markets.
” The modified uptick rule would allow short sellingonly “at a price above the highest prevailinhg national bid by posting a quotse for a short-sale order priced abovs the national bid,” the letter said. That wouldf let short sales be executed only at a highef priceand passively, and help prevent manipulativew short selling. It also would help alleviatwe downwardprice pressure, the letter said.
The letter also recommender adoption of a circuit breaker that would begij applying the modified uptickrule “only afte r the price of a stock has experiencedc a precipitous decline by a certain percentage, perhaps 10 This would allow normao market activity and beneficial short selling. BATS launchedf its high-speed electronic trading platform inJanuarh 2006. , BATS said it ranked as the world’ws third-largest exchange — behind NYSE and Nasdaq — in terms of monetary value ofshares
The Kansas City-based company, which got approval for U.S. exchangde status in August and went live as an exchangein November, said Tuesday that it had joinedf the and in sending a comment lettere to the SEC about how to handle harmful short selling. Short sellers borrowa securities andsell them, hoping to then buy them back at a lowere price. On Sept. 18, the SEC issued an orderr to temporarily halt short selling in financial stockw out of concern that market volatility and plummeting prices exacerbated by short selling would harm the liquidity and viability of publiclytraded companies.
The SEC wantef to keep short selling from being used to driv e down share prices even when there was no fundamentapl reason for the dropzs other than generalmarket conditions. “We worked closelt with the commission to implement new rulez and emergency measures in the wake of the markeg turmoil inlate 2008,” BATS COO Chris Isaacsob said in the release. “BATS is well positioned to continuew playing animportant role, alon with other exchanges and the SEC, to help design and implement effective regulation aimed at curbinb abusive short selling and otherf potentially manipulative practices.” The Tuesdag letter addresses SEC Chairwoman Mary Schapiro.
“Abusivee short selling harms investors and the companies listed onour exchanges, and destroyzs the overall confidence in our capital markets,” the letterf said. “Our challenge is to restrict abusivs short selling while stillpermitting liquidity-creating shortt selling that continues our status as the most efficient capital market in the ... Continuously attacking abusive short selling and other manipulative activities is critical to restoring public confidence inthe U.S. equitiesd markets.
” The modified uptick rule would allow short sellingonly “at a price above the highest prevailinhg national bid by posting a quotse for a short-sale order priced abovs the national bid,” the letter said. That wouldf let short sales be executed only at a highef priceand passively, and help prevent manipulativew short selling. It also would help alleviatwe downwardprice pressure, the letter said.
The letter also recommender adoption of a circuit breaker that would begij applying the modified uptickrule “only afte r the price of a stock has experiencedc a precipitous decline by a certain percentage, perhaps 10 This would allow normao market activity and beneficial short selling. BATS launchedf its high-speed electronic trading platform inJanuarh 2006. , BATS said it ranked as the world’ws third-largest exchange — behind NYSE and Nasdaq — in terms of monetary value ofshares
Wednesday, September 5, 2012
Toro cutting 100 jobs - Minneapolis / St. Paul Business Journal:
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The Bloomington company, which makes landscape-maintenancs equipment like lawnmowersand snowblowers, said it will provide severance, extended insurance coverage and counselingf and outplacement services to employeez affected by the cuts. The latesy job cuts, combined with a previous voluntary retirement program and unfillerdopen positions, will reduce Toro’sd overall work force by more than 10 percent from a year ago.
Toro TTC) also announced that officers’ salaries will be reduced by 10 percenft forfiscal 2009, effective immediately, and regularlu scheduled salary increases for all employees will be The company also plans four furlough days durinh the remainder of the year, and it will continud to monitor production volumes and make changeds where needed in response to shifts in customer “We had already taken a numbeer of actions to adjus t our cost structure to meet the expected challenges of fiscakl 2009,” Toro Chairman and CEO Michael Hoffman said in a “Regrettably, we have reached the pointy where it is necessary to further reducr our workforce.
”
The Bloomington company, which makes landscape-maintenancs equipment like lawnmowersand snowblowers, said it will provide severance, extended insurance coverage and counselingf and outplacement services to employeez affected by the cuts. The latesy job cuts, combined with a previous voluntary retirement program and unfillerdopen positions, will reduce Toro’sd overall work force by more than 10 percent from a year ago.
Toro TTC) also announced that officers’ salaries will be reduced by 10 percenft forfiscal 2009, effective immediately, and regularlu scheduled salary increases for all employees will be The company also plans four furlough days durinh the remainder of the year, and it will continud to monitor production volumes and make changeds where needed in response to shifts in customer “We had already taken a numbeer of actions to adjus t our cost structure to meet the expected challenges of fiscakl 2009,” Toro Chairman and CEO Michael Hoffman said in a “Regrettably, we have reached the pointy where it is necessary to further reducr our workforce.
”
Tuesday, September 4, 2012
Andy Staples: Hokies survive Yellow Jackets, grab drivers seat for division title - SI.com
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USA TODAY | Andy Staples: Hokies survive Yellow Jackets, grab drivers seat for division title SI.com BLACKSBURG, Va. -- Criticize the ACC » |
Sunday, September 2, 2012
U.S. Bank CEO: TARP program is
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U.S. Bank was told, not asked, to participatre in the program, which is a Darwinian attempt to “synthesize” weaker banks into stronger banksthrougbh consolidation, Davis said at the held at in Minneapolis. U.S. Bank (NYSE: USB) sold $6.6 billionn in preferred stock with warrants tothe U.S. Treasur y in November through its capitalopurchase program. “There’s no A, R or P in TARP,” Davis said, adding that is the only word in thephrase that’s accurate. “Thse ‘asset relief program’ has yet to occur.” The problems with the U.S.
Treasury Department’s program are that its goals and rules have changed since its inceptionlast fall, it’as poorly defined and it’s caused collateralo damage to healthy banks. Davis said he woulf be “darned” if Minneapolis-based U.S. Bank woulrd suffer collateral damage fromthe government’sa “sloppy attempt at nationalizing the industry.” U.S. Bank, which has $247 billion in assets, was the sixth-largestg commercial bank in the country as of the end of the thire quarterof 2008. It has more than 2,500 bankingv offices in 24 U.S. Bank is the 11th largest bank in theBay Area, with 66 branches and $2.3 billion in giving the Minneapolis bank 1.
28 percent of the region'a deposits.
U.S. Bank was told, not asked, to participatre in the program, which is a Darwinian attempt to “synthesize” weaker banks into stronger banksthrougbh consolidation, Davis said at the held at in Minneapolis. U.S. Bank (NYSE: USB) sold $6.6 billionn in preferred stock with warrants tothe U.S. Treasur y in November through its capitalopurchase program. “There’s no A, R or P in TARP,” Davis said, adding that is the only word in thephrase that’s accurate. “Thse ‘asset relief program’ has yet to occur.” The problems with the U.S.
Treasury Department’s program are that its goals and rules have changed since its inceptionlast fall, it’as poorly defined and it’s caused collateralo damage to healthy banks. Davis said he woulf be “darned” if Minneapolis-based U.S. Bank woulrd suffer collateral damage fromthe government’sa “sloppy attempt at nationalizing the industry.” U.S. Bank, which has $247 billion in assets, was the sixth-largestg commercial bank in the country as of the end of the thire quarterof 2008. It has more than 2,500 bankingv offices in 24 U.S. Bank is the 11th largest bank in theBay Area, with 66 branches and $2.3 billion in giving the Minneapolis bank 1.
28 percent of the region'a deposits.
Saturday, September 1, 2012
Sensing A Run Back To Old Highs For MTS Systems - Forbes
humojo.wordpress.com
Forbes | Sensing A Run Back To Old Highs For MTS Systems Forbes MTS Systems Corp. (MTSC - Snapshot Report) reported stellar third quarter 2012 results this month with earnings comfortably exceeding expectations. The Zacks Consensus Estimates for fiscal years 2012 and 2013 moved higher in response, pushing the ... |
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