Hollywood Reporter | 50 Cent Enters the Ring to Promote Expansion Into Boxing Business Hollywood Reporter Standing a few feet from the undefeated former World Featherweight Champion Yuriorkis Gamboa whom he now promotes, Jackson was dressed in a black SMS Audio hat and "SK" diamond necklace -- repping his headphone company and Street King ... |
Friday, November 30, 2012
50 Cent Enters the Ring to Promote Expansion Into Boxing Business - Hollywood Reporter
ernstiryastrov.blogspot.com
Tuesday, November 27, 2012
Vietnam refuses to stamp new Chinese passport - AFP
hydiuco.blogspot.com
AFP | Vietnam refuses to stamp new Chinese passport AFP HANOI รข€" Vietnamese immigration officers said Tuesday they were refusing to stamp entry visas into controversial new Chinese passports which feature a map of Beijing's claim to almost » |
Monday, November 26, 2012
Viridis Earth Technologies: Cool plans - Silicon Valley / San Jose Business Journal:
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The second way, being pioneered by a pair of San Jose could cost a fractionof that. has inventefd a retrofit that creates a shroud of cool air around anexistingt system, tricking the air conditioner into believingy the outside temperature is lower than it really is. The air conditionee then doesn’t have to work as hard to producr air that feels as In a testing program this summeein Redding, the company said its producgt demonstrated 30 percent The company officially launched earlier this year, but the technologt is something founder and CTO Tuyen Vo has been working on sincee 2002. A trip to Arizonwa set his wheels spinning.
Driving past a gas station in swelteringv heat, Vo recalls he saw the statiojn shroudedin mist, a result of an evaporation system being used to lower temperatures for people at the Vo, who has managed technical teams and jointy ventures at and and worked for NASA Ames Research Center and , said he sees the product as something everyone can use. “What I see is therer are people worried about their energy billd and thinking about the but people with money in their pocketw should be thinking about thisas well. There will come a time when blackoutsdare acceptable, so everyone has a motivation to install this,” Vo said.
“Because at that time, everyone will be sweatinv underthe heat, not just the rich or the Fast set-up, fast savings For a 3-ton residentiall or small commercial system, the increasew in efficiency translates to a savings of $350 in one based on the average electricity price and a summef bill of approximately $1,200, according to Viridis. The retrofit can also reduc e a system’s carbon footprint by more than 2 metric tons per The system takes about an hour to install and requiresd nopower source. The technology includes installation of a solard water heater to power thecooling system.
President Greg who has founded three companies and workes in senior management roles atand , said the Viridid system uses the well-proven concept of evaporativre precooling. “When water evaporates, it takes heat with it and float intothe air. You take heat away and you can create a much more efficient air Nugent said. “The trick is making it able to evaporate a larged percentage of thewater droplet.” Nugenrt and Vo said they haven’t settlecd on a price point for the syste m yet, but they are generally shooting for a two-yea payback for consumers, which could potentially range from $350 to “The hotter the area, the more quickly you get Nugent said.
Jay principal of in Redding, where Viridis Earth testerd its system on a single commercial unit last said the unit was relatively easyto “similar to putting in a satellite dish and wirin a house for cable.” Next year, the companty plans to do an expandede test encompassing several hundred home s in Redding, where air conditioning accountas for 80 percent of peak load usage in the Gibson will help with the “One of the things that really hit with me, when we do thes energy things and rebate things, it seemds to only work for people who can afford the productr and afford the higher bills,” Gibson said.
“We get people coming up with ideasa allthe time, but for me, this fits a model that makexs sense and sounds like it will be economica for the consumer.” Viridis in Novembedr was named the Energy Efficiency Winner at the , a businessa plan competition that seeks out early-stagee clean tech companies. The prize includese $50,000 in cash and $50,000 in in-kinc services, such as legal and marketinhg advice, as well as free rent for a year atSan Jose’sz Environmental Business Cluster. Viridis will market its producg under thename .
The company’s goal for Nugent said, is to stay small and and prove outthe system’s field hardiness and Viridis anticipates going broar and taking the system to utilities in then taking on as much of the markef as possible in 2011. “Our goal is to be at $100 millionb in five years,” Nugent said. The total market is abouf $7 billion, he said. The which has been self-funded to date, beganj seeking funding from the venture capital community about 10weeks ago. It is looking for $3 million to brea k even, with $1 million of that to get througgh trials.
In addition, Viridisw may seek to work with the original equipmentf manufacturer market to get the technologyt installed on newair conditioners. “Wr could take advantage of the matureand well-established channels,” Vo “We’re hitting a very good time for the market despited the economy because people are all looking for ways to and there is such a quick payback and a value in this James Robbins, executive director of San Jose’s where Viridis Earty is incubating, said Viridis’ product is similar to other in that it reduces costs and increasews energy efficiency, but is less expensive and simple to install.
“They have the ability to impact the retrofir market and the new building industrty in a moresignificant way,” Robbins “Energy efficiency is the easiest way to solve some of our problem and impact people and still be less expensive.” “If you can save even 20 it’s a huge value,” Nugent adding that Viridis aims for the ubiquity of the compacy fluorescent light bulb. “It wasn’t untill they reached a price point wher for a few bucks you couldr outfit a whole home that they reallytook off,” Nugent said. “We aim to hit those same economics.
”
The second way, being pioneered by a pair of San Jose could cost a fractionof that. has inventefd a retrofit that creates a shroud of cool air around anexistingt system, tricking the air conditioner into believingy the outside temperature is lower than it really is. The air conditionee then doesn’t have to work as hard to producr air that feels as In a testing program this summeein Redding, the company said its producgt demonstrated 30 percent The company officially launched earlier this year, but the technologt is something founder and CTO Tuyen Vo has been working on sincee 2002. A trip to Arizonwa set his wheels spinning.
Driving past a gas station in swelteringv heat, Vo recalls he saw the statiojn shroudedin mist, a result of an evaporation system being used to lower temperatures for people at the Vo, who has managed technical teams and jointy ventures at and and worked for NASA Ames Research Center and , said he sees the product as something everyone can use. “What I see is therer are people worried about their energy billd and thinking about the but people with money in their pocketw should be thinking about thisas well. There will come a time when blackoutsdare acceptable, so everyone has a motivation to install this,” Vo said.
“Because at that time, everyone will be sweatinv underthe heat, not just the rich or the Fast set-up, fast savings For a 3-ton residentiall or small commercial system, the increasew in efficiency translates to a savings of $350 in one based on the average electricity price and a summef bill of approximately $1,200, according to Viridis. The retrofit can also reduc e a system’s carbon footprint by more than 2 metric tons per The system takes about an hour to install and requiresd nopower source. The technology includes installation of a solard water heater to power thecooling system.
President Greg who has founded three companies and workes in senior management roles atand , said the Viridid system uses the well-proven concept of evaporativre precooling. “When water evaporates, it takes heat with it and float intothe air. You take heat away and you can create a much more efficient air Nugent said. “The trick is making it able to evaporate a larged percentage of thewater droplet.” Nugenrt and Vo said they haven’t settlecd on a price point for the syste m yet, but they are generally shooting for a two-yea payback for consumers, which could potentially range from $350 to “The hotter the area, the more quickly you get Nugent said.
Jay principal of in Redding, where Viridis Earth testerd its system on a single commercial unit last said the unit was relatively easyto “similar to putting in a satellite dish and wirin a house for cable.” Next year, the companty plans to do an expandede test encompassing several hundred home s in Redding, where air conditioning accountas for 80 percent of peak load usage in the Gibson will help with the “One of the things that really hit with me, when we do thes energy things and rebate things, it seemds to only work for people who can afford the productr and afford the higher bills,” Gibson said.
“We get people coming up with ideasa allthe time, but for me, this fits a model that makexs sense and sounds like it will be economica for the consumer.” Viridis in Novembedr was named the Energy Efficiency Winner at the , a businessa plan competition that seeks out early-stagee clean tech companies. The prize includese $50,000 in cash and $50,000 in in-kinc services, such as legal and marketinhg advice, as well as free rent for a year atSan Jose’sz Environmental Business Cluster. Viridis will market its producg under thename .
The company’s goal for Nugent said, is to stay small and and prove outthe system’s field hardiness and Viridis anticipates going broar and taking the system to utilities in then taking on as much of the markef as possible in 2011. “Our goal is to be at $100 millionb in five years,” Nugent said. The total market is abouf $7 billion, he said. The which has been self-funded to date, beganj seeking funding from the venture capital community about 10weeks ago. It is looking for $3 million to brea k even, with $1 million of that to get througgh trials.
In addition, Viridisw may seek to work with the original equipmentf manufacturer market to get the technologyt installed on newair conditioners. “Wr could take advantage of the matureand well-established channels,” Vo “We’re hitting a very good time for the market despited the economy because people are all looking for ways to and there is such a quick payback and a value in this James Robbins, executive director of San Jose’s where Viridis Earty is incubating, said Viridis’ product is similar to other in that it reduces costs and increasews energy efficiency, but is less expensive and simple to install.
“They have the ability to impact the retrofir market and the new building industrty in a moresignificant way,” Robbins “Energy efficiency is the easiest way to solve some of our problem and impact people and still be less expensive.” “If you can save even 20 it’s a huge value,” Nugent adding that Viridis aims for the ubiquity of the compacy fluorescent light bulb. “It wasn’t untill they reached a price point wher for a few bucks you couldr outfit a whole home that they reallytook off,” Nugent said. “We aim to hit those same economics.
”
Saturday, November 24, 2012
Millennium Bank sells Warrenton branch - Washington Business Journal:
afyfojahejus.blogspot.com
Sonabank (NASDAQ: SONA) has also agreed to retain allbrancbh employees. The sale includes $26 millionj in deposits, and $26 million in Under terms of the sale, half of the loanes will be transferred to Sonabanmk inlate July. The remaining loan and deposits will be transferred to Sonaban onSeptember 28, subject to regulatory approval, Millennium said in a John Novak, who was named Millennium’w chief executive earlier this says the sale is “a continuing part of our efforts to focus on our core Northerj Virginia market and to stabilize our capital position.” Millennium lost $16 milliobn in 2008 and has not posted an annuall profit since 2005.
It is also undetr regulatory enforcement agreements with the Office of the Comptrollerr of the Currency and the Federal Reserve Bankof McLean-based Southern National Bankcorp (NASDAQL SONA) has brancheas in McLean, Herndon, Reston, Leesburg and Warrenton, as well as locationz in Charlottesville and Cliftomn Forge, Va. Millennium (OTCBB: MBVA) has brancyh locations in Reston, Herndon and Sterling.
Sonabank (NASDAQ: SONA) has also agreed to retain allbrancbh employees. The sale includes $26 millionj in deposits, and $26 million in Under terms of the sale, half of the loanes will be transferred to Sonabanmk inlate July. The remaining loan and deposits will be transferred to Sonaban onSeptember 28, subject to regulatory approval, Millennium said in a John Novak, who was named Millennium’w chief executive earlier this says the sale is “a continuing part of our efforts to focus on our core Northerj Virginia market and to stabilize our capital position.” Millennium lost $16 milliobn in 2008 and has not posted an annuall profit since 2005.
It is also undetr regulatory enforcement agreements with the Office of the Comptrollerr of the Currency and the Federal Reserve Bankof McLean-based Southern National Bankcorp (NASDAQL SONA) has brancheas in McLean, Herndon, Reston, Leesburg and Warrenton, as well as locationz in Charlottesville and Cliftomn Forge, Va. Millennium (OTCBB: MBVA) has brancyh locations in Reston, Herndon and Sterling.
Friday, November 23, 2012
Wiring circuit boards for success - St. Louis Business Journal:
sucujovide.wordpress.com
Nick Barbin, co-founder, president and CEO, said that the which designs and makes the boards on asmalp scale, is always searching for new customera to replace those who fold or get acquired. “ would have to say we’ve had completwe turnover on our customer list maybe two or threetimezs over,” he said. But that’s a game that Pleasanton-based Optimukm Design has been winning. From 2006 to 2008, the company’s revenue grew 138 perceny — to $13.14 million. And it is on pace to grow 20 perceny to 40 percentin 2009. The companyu has been profitable every year since its foundingin 1991.
The company’x secret has been its willingness to look fornew opportunities. Barbin and his partners at first kept the firm small with about 8 to15 employees. And they only did layou and design ofthe boards, partnerinyg with manufacturers to produce But at the urging of some of the company’ws customers, Optimum Design added the manufacturinf side in 2001 and that’s been a catalysr for growth. Today, the company has abouf 50 employees, and it’s hiring this year, probably four to five people for the manufacturing side of the Another successful strategy has been choosing therighgt customers.
It mostly works with companies doinvg work for the military or makingvmedical instruments. Both of those have fairlg inelastic demand, and both industries have traditionallyg contractedwith on-shore companies, rathetr than looking to India and Chin a for cheaper deals. But Barbin says that the company’ds ability to identify strong markets to chase has helpedit “In this industry you go as your customers go,” he “There are a lot of companie s that are some of our competitorsx where their focus is a particular If they’re really focused on telecom, they’re suffering right now, but 10 years ago they were doingg great.
” The third factor that sets Optimum Desig apart is that it stays small. The companyy only builds high-end boards that are extremely and they only fill orders that range from 100to 10,000 It’s that last factor that keepxs it relatively safe from much bigger and cheaperd competition, said Jim Walker, who coveres the industry for . Walker said that almost all of the biggestt printed circuit board companies are in Theonly U.S. companies that survive are ones that aremaking high-endx or prototype boards that eventually get shipped off to overseaws foundries to get mass-produced.
Walker also said that the industry is ripe for consolidatio n but that companies like Optimum Design are fairl insulated from the first wave of those because they’re too small to make an impacg on larger companies’ bottom lines. One of Optimun Design’s customers, an aerospace company that asked not to be identifie for thisarticle (Optimum signs non-disclosurer agreements with many of its customers), makes equipmentg for the military and uses Optimum Design for its printed circui t boards. One of the engineers at the company, said that the firm used to make itsown boards, but in it contracted out the work due to budget cuts.
Randy said he rarelty finds problems with the product and that the companu is now starting to work more closely with Optimuk Design since it has run thre boards through theentire process. “They admittesd ... that they actually cost a little bit more than the guy next but we have experienced the high quality fromthem that’w kept us coming back,” he said. And Barbimn says that Randy’s attitude is what makees the company successful. There are a coupler of hundred printed-circuit-board companies in the Bay he said. But by offering the full process, and keepinf quality high, they’ve been able to find success. “The designers we have here are he said.
“There’s really no one out ther that can compete withour designers.”
Nick Barbin, co-founder, president and CEO, said that the which designs and makes the boards on asmalp scale, is always searching for new customera to replace those who fold or get acquired. “ would have to say we’ve had completwe turnover on our customer list maybe two or threetimezs over,” he said. But that’s a game that Pleasanton-based Optimukm Design has been winning. From 2006 to 2008, the company’s revenue grew 138 perceny — to $13.14 million. And it is on pace to grow 20 perceny to 40 percentin 2009. The companyu has been profitable every year since its foundingin 1991.
The company’x secret has been its willingness to look fornew opportunities. Barbin and his partners at first kept the firm small with about 8 to15 employees. And they only did layou and design ofthe boards, partnerinyg with manufacturers to produce But at the urging of some of the company’ws customers, Optimum Design added the manufacturinf side in 2001 and that’s been a catalysr for growth. Today, the company has abouf 50 employees, and it’s hiring this year, probably four to five people for the manufacturing side of the Another successful strategy has been choosing therighgt customers.
It mostly works with companies doinvg work for the military or makingvmedical instruments. Both of those have fairlg inelastic demand, and both industries have traditionallyg contractedwith on-shore companies, rathetr than looking to India and Chin a for cheaper deals. But Barbin says that the company’ds ability to identify strong markets to chase has helpedit “In this industry you go as your customers go,” he “There are a lot of companie s that are some of our competitorsx where their focus is a particular If they’re really focused on telecom, they’re suffering right now, but 10 years ago they were doingg great.
” The third factor that sets Optimum Desig apart is that it stays small. The companyy only builds high-end boards that are extremely and they only fill orders that range from 100to 10,000 It’s that last factor that keepxs it relatively safe from much bigger and cheaperd competition, said Jim Walker, who coveres the industry for . Walker said that almost all of the biggestt printed circuit board companies are in Theonly U.S. companies that survive are ones that aremaking high-endx or prototype boards that eventually get shipped off to overseaws foundries to get mass-produced.
Walker also said that the industry is ripe for consolidatio n but that companies like Optimum Design are fairl insulated from the first wave of those because they’re too small to make an impacg on larger companies’ bottom lines. One of Optimun Design’s customers, an aerospace company that asked not to be identifie for thisarticle (Optimum signs non-disclosurer agreements with many of its customers), makes equipmentg for the military and uses Optimum Design for its printed circui t boards. One of the engineers at the company, said that the firm used to make itsown boards, but in it contracted out the work due to budget cuts.
Randy said he rarelty finds problems with the product and that the companu is now starting to work more closely with Optimuk Design since it has run thre boards through theentire process. “They admittesd ... that they actually cost a little bit more than the guy next but we have experienced the high quality fromthem that’w kept us coming back,” he said. And Barbimn says that Randy’s attitude is what makees the company successful. There are a coupler of hundred printed-circuit-board companies in the Bay he said. But by offering the full process, and keepinf quality high, they’ve been able to find success. “The designers we have here are he said.
“There’s really no one out ther that can compete withour designers.”
Wednesday, November 21, 2012
Auto supplier Visteon files Chapter 11 - Puget Sound Business Journal (Seattle):
ogarawo.wordpress.com
Van Buren Township, Mich.-based Visteon (OTC which runs eight plants in Ohio, said the bankruptcgy applies only toits U.S. operation s and is intended to “maximize the long-term value of the company.” The filingt comes nine years after Visteon was spun offfrom (NYSE:F), which has lined up to support debtor-in-possession financingb for its restructuring. “During the reorganizatiob period, we will seek to address our capital structure and legacy costs that are not sustainablw given the currenteconomic environment,” CEO Donald Stebbins said in a release. The compan last year lost $681 million on $9.
54 billion in It has lost money every year sinced it was separated from Fordin 2000. In additiohn to the assistancefrom Ford, Visteon said it has backinyg from other customers and plans to fund operationss with cash and the debtor-in-possession facility. The compan said it has filed a number of motions in Delaware bankruptcy court to allow it to continuse serving customers and keepingemployee obligations. Visteon employsx about 31,000 workers in 27 countries andhas U.S. operationas in nine states. In Ohio, its operations include a 65,000-square-foof plant in Springfield that makes and assemblesd fuel delivery modulesand tanks.
The company also has state operationsin Toledo, Bowlinvg Green, Delphos and Tiffin.
Van Buren Township, Mich.-based Visteon (OTC which runs eight plants in Ohio, said the bankruptcgy applies only toits U.S. operation s and is intended to “maximize the long-term value of the company.” The filingt comes nine years after Visteon was spun offfrom (NYSE:F), which has lined up to support debtor-in-possession financingb for its restructuring. “During the reorganizatiob period, we will seek to address our capital structure and legacy costs that are not sustainablw given the currenteconomic environment,” CEO Donald Stebbins said in a release. The compan last year lost $681 million on $9.
54 billion in It has lost money every year sinced it was separated from Fordin 2000. In additiohn to the assistancefrom Ford, Visteon said it has backinyg from other customers and plans to fund operationss with cash and the debtor-in-possession facility. The compan said it has filed a number of motions in Delaware bankruptcy court to allow it to continuse serving customers and keepingemployee obligations. Visteon employsx about 31,000 workers in 27 countries andhas U.S. operationas in nine states. In Ohio, its operations include a 65,000-square-foof plant in Springfield that makes and assemblesd fuel delivery modulesand tanks.
The company also has state operationsin Toledo, Bowlinvg Green, Delphos and Tiffin.
Tuesday, November 20, 2012
Ratliff, Murray among nine Cowboys players not participating in Tuesday practice - Dallas Morning News (blog)
viktorevaikubuwo.blogspot.com
NBCSports.com | Ratliff, Murray among nine Cowboys players not participating in Tuesday practice D » |
Monday, November 19, 2012
KV Pharmaceutical, Purdue Pharma settle painkiller patent dispute - South Florida Business Journal:
ogarawo.wordpress.com
Under the settlement, KV agreed to no longer dispute the enforceabilityor infringement” of the Purdue generi oxycodone patents. In return, Purdue granted KV a limited, non-exclusives license to manufactureand sell, in the United a certain amount of varioua dosage strengths of the drugsz as long as KV pays royalties to Purdue. KV also reache a deal to be an authorized, non-exclusiv e distributor in the United States of certain generic versionasof OxyContin. These agreements settle threre patent infringementlawsuits Stamford, Conn.-based Purdue filex against KV in 2007. KV still faces more lawsuits from other companies, consumers and shareholders. Three individuals in St.
Clair Countuy Circuit Court against KV, alleging that certain drugas contained a potentially lethal amount of morphinse due to oversized tablets that were eventually recallecd by thepharmaceutical company. Last month, , a Florida-based dermatologyu company, sued KV, of a patenty for Duac topical gel, an acne KV also faces lawsuits from shareholders about manufacturing compliances andthe company’s financial prospects. Brentwood, Mo.-basecd KV has and recalled painkillers. In March, KV said it with the FDA that outlineas a series of measures that will permit KV and its subsidiaries to resume manufacturingand distribution.
Under the settlement, KV agreed to no longer dispute the enforceabilityor infringement” of the Purdue generi oxycodone patents. In return, Purdue granted KV a limited, non-exclusives license to manufactureand sell, in the United a certain amount of varioua dosage strengths of the drugsz as long as KV pays royalties to Purdue. KV also reache a deal to be an authorized, non-exclusiv e distributor in the United States of certain generic versionasof OxyContin. These agreements settle threre patent infringementlawsuits Stamford, Conn.-based Purdue filex against KV in 2007. KV still faces more lawsuits from other companies, consumers and shareholders. Three individuals in St.
Clair Countuy Circuit Court against KV, alleging that certain drugas contained a potentially lethal amount of morphinse due to oversized tablets that were eventually recallecd by thepharmaceutical company. Last month, , a Florida-based dermatologyu company, sued KV, of a patenty for Duac topical gel, an acne KV also faces lawsuits from shareholders about manufacturing compliances andthe company’s financial prospects. Brentwood, Mo.-basecd KV has and recalled painkillers. In March, KV said it with the FDA that outlineas a series of measures that will permit KV and its subsidiaries to resume manufacturingand distribution.
Saturday, November 17, 2012
lehoquvuhu.wordpress.com
The celebrity captains, who head up Time one of the fishing boats featured onshow "Deadliest attended the printing of the first 35,00o labels July 6 at Sarasota Labels and Packaging. in Lakeland will handlew productionand packaging. The Capt. John’s Bloody Mary Mix labels featurr a rendering ofthe captains, the Time Bandit at sea and the catchphrase “Slippery when wet.” Trinity is also designing corrugated packagesz for the Hillstrands, said Chief Executive Officer Roberty Smithson in a release. “This and many othee food and beverage products they are producing will keep us Smithson said. Financial terms of the contracts werenot disclosed.
“Wse have made many friends in the area and consider it ourseconde home, and wouldn't consider anywhere else in the country to startr our new venture,” said Johnathan Hillstrand in a release.
The celebrity captains, who head up Time one of the fishing boats featured onshow "Deadliest attended the printing of the first 35,00o labels July 6 at Sarasota Labels and Packaging. in Lakeland will handlew productionand packaging. The Capt. John’s Bloody Mary Mix labels featurr a rendering ofthe captains, the Time Bandit at sea and the catchphrase “Slippery when wet.” Trinity is also designing corrugated packagesz for the Hillstrands, said Chief Executive Officer Roberty Smithson in a release. “This and many othee food and beverage products they are producing will keep us Smithson said. Financial terms of the contracts werenot disclosed.
“Wse have made many friends in the area and consider it ourseconde home, and wouldn't consider anywhere else in the country to startr our new venture,” said Johnathan Hillstrand in a release.
Friday, November 16, 2012
FDIC approves one-time fee for banks - Sacramento Business Journal:
stockdaleiqemico1521.blogspot.com
Originally, the assessment was 20 cente perevery $100 of domestic which triggered bitter opposition by organizationsz representing smaller banks, including the . “This is a majod policy shift advocated by ICBA that loweras the special assessment forour nation’s more than 8,00o0 community banks that didn’t participate in the practicesd that led to this economic yet were originally asked to pay for the sins of thosw who did," ICBA chairman R.
Michaeol Menzies said in a Earlierthis week, Congress passed legislatio n to increase the FDIC’sd borrowing authority with the Treasury Department from $30 billion to $100 billiomn with a proviso for emerging funding up to $500 billion. The FDIC said this step was necessargy to reduce the assessmenton
Originally, the assessment was 20 cente perevery $100 of domestic which triggered bitter opposition by organizationsz representing smaller banks, including the . “This is a majod policy shift advocated by ICBA that loweras the special assessment forour nation’s more than 8,00o0 community banks that didn’t participate in the practicesd that led to this economic yet were originally asked to pay for the sins of thosw who did," ICBA chairman R.
Michaeol Menzies said in a Earlierthis week, Congress passed legislatio n to increase the FDIC’sd borrowing authority with the Treasury Department from $30 billion to $100 billiomn with a proviso for emerging funding up to $500 billion. The FDIC said this step was necessargy to reduce the assessmenton
Thursday, November 15, 2012
Colorado apartment vacancies, rents up in Q1 outside Denver - Denver Business Journal:
8511ysu.blogspot.com
The statewide vacancy rate roseto 8.5 perceny from 6.1 percent in the year-prior “Strong vacancy rates correlate pretty strongl y to unemployment rates,” said Gordonh Von Stroh, business professor at the and authorr of the housing division The average monthly rental rate for Colorado apartments went up to $844.3 9 in the first quarter from $823.01 in the year-priore period. Median average rent increased to $796.13 from $784.22 year over Median rent is the midpoint betwee highest and lowestrental rates, and is considered by many real expertz a truer measure than average because it’sx not skewed by highest and lowest rents.
Thered also continues to be little new apartmentconstruction statewide, and that trend is expectedr to continue largely because of the lack of construction lendinfg for apartments, according to the report. The housingt division’s statewide apartment market data doesn’t include metrpo Denver, which had its own report in late One surprise in the first quarted was the relatively strong performances of the Fort Collins apartment with its drop in vacancy and increase in Driven by the growth of as well as increasesz in hospital and renewableenergy jobs, Fort Collins/Loveland area apartment vacancies dropped to 4.4 percent from 5.2 percent in 2008’s first period.
Average apartment rents in theFort Collins/Lovelanxd area jumped by roughly $100 a monthg to $860.81 from $760.21. Median rent in the Fort Collines area increasedto $797.49 from $737.26 year over “Fort Collins has been in the doldrums so said Von Stroh, explaining the extreme shiftr in the city’s apartment market in the first quarter. “They’rde playing catch-up.” “When you’ve got job growtuh in the Fort Loveland andGreeley area, Fort Collin is usually where people go to said Terrance Hunt, principal at of Denver. ARA, which is affiliatedf with the FrederickRoss Co.
commercial real estater brokerage firm, is one of the apartment market report’s sponsors. Apartment marketg research providerof Scottsdale, also sponsors the report. Most metropolita n areas along the Front Range reported increased apartment with Colorado Springs leading the wayat 11.7 Pueblo vacancies rose to 7.4 and Greeley vacancies increasedc to 8.4 percent. Mountain markets saw vacancuy extremes. Buena Vista reported a 16.7 percenrt apartment vacancy rate, and Alamosa had a 12.9 percentt vacancy rate. Other mountain communities had vacancies of less than 3 including GlenwoodSprings (1.5 Eagle County (2.1 percent) and Summit Counth (2.7 percent).
Average rents were mostly flat or down in citieds suchas Alamosa, Aspen, Cañon City, Colorad Springs, Loveland, Montrose, Pueblo and Sterling. Grand Junction reportedd a significant increase in average rentto $680.35 from $648.57 year over year.
The statewide vacancy rate roseto 8.5 perceny from 6.1 percent in the year-prior “Strong vacancy rates correlate pretty strongl y to unemployment rates,” said Gordonh Von Stroh, business professor at the and authorr of the housing division The average monthly rental rate for Colorado apartments went up to $844.3 9 in the first quarter from $823.01 in the year-priore period. Median average rent increased to $796.13 from $784.22 year over Median rent is the midpoint betwee highest and lowestrental rates, and is considered by many real expertz a truer measure than average because it’sx not skewed by highest and lowest rents.
Thered also continues to be little new apartmentconstruction statewide, and that trend is expectedr to continue largely because of the lack of construction lendinfg for apartments, according to the report. The housingt division’s statewide apartment market data doesn’t include metrpo Denver, which had its own report in late One surprise in the first quarted was the relatively strong performances of the Fort Collins apartment with its drop in vacancy and increase in Driven by the growth of as well as increasesz in hospital and renewableenergy jobs, Fort Collins/Loveland area apartment vacancies dropped to 4.4 percent from 5.2 percent in 2008’s first period.
Average apartment rents in theFort Collins/Lovelanxd area jumped by roughly $100 a monthg to $860.81 from $760.21. Median rent in the Fort Collines area increasedto $797.49 from $737.26 year over “Fort Collins has been in the doldrums so said Von Stroh, explaining the extreme shiftr in the city’s apartment market in the first quarter. “They’rde playing catch-up.” “When you’ve got job growtuh in the Fort Loveland andGreeley area, Fort Collin is usually where people go to said Terrance Hunt, principal at of Denver. ARA, which is affiliatedf with the FrederickRoss Co.
commercial real estater brokerage firm, is one of the apartment market report’s sponsors. Apartment marketg research providerof Scottsdale, also sponsors the report. Most metropolita n areas along the Front Range reported increased apartment with Colorado Springs leading the wayat 11.7 Pueblo vacancies rose to 7.4 and Greeley vacancies increasedc to 8.4 percent. Mountain markets saw vacancuy extremes. Buena Vista reported a 16.7 percenrt apartment vacancy rate, and Alamosa had a 12.9 percentt vacancy rate. Other mountain communities had vacancies of less than 3 including GlenwoodSprings (1.5 Eagle County (2.1 percent) and Summit Counth (2.7 percent).
Average rents were mostly flat or down in citieds suchas Alamosa, Aspen, Cañon City, Colorad Springs, Loveland, Montrose, Pueblo and Sterling. Grand Junction reportedd a significant increase in average rentto $680.35 from $648.57 year over year.
Tuesday, November 13, 2012
Harrow's absence significant for UK, but Cats not alone with point guard concerns - CBSSports.com (blog)
8511ysu.blogspot.com
Harrow's absence significant for UK, but Cats not alone with point guard concerns CBSSports.com (blog) Harrow's absence is noteworthy for this team. Not because the Cats could take a loss without him against Duke, but because Calipari needs Harrow to play, especially though his mistakes. A setback tonight in the Champions Classic wouldn't be a big deal; ... |
Monday, November 12, 2012
More weatherization dollars up for grabs - The Business Review (Albany):
esivyjifag.wordpress.com
U.S. Department of Energy Secretary Stevenj Chu said Thursday in Columbus that the departmentr approvedthe state’s plan to spend $106 or 40 percent, of the $266 million in weatherization fundinh that Washington will send to Ohio. The state in Aprilp got approval to release 10 percent of the fund s and expects to release the last half after the Energy Departmen treviews Ohio’s progress in allocating the money. Ohio Gov. Ted Strickland said the stimulusd money will allow the statd to improve the energy efficiency of morethan 32,000 houses ownexd by low-income families. The state typically receives $51 million from the federal government forsuch initiatives.
Some $5 billionn of Congress’ $787 billion stimulus packager will go toward homeweatherization efforts, and is seen as one of the firstr areas where the money will result in job Agencies such as the Mid-Ohioo Regional Planning Commission, Ground Level Solutionss Inc. and Impact Community Action Agency in Columbus havetold they’ved added employees and expect to hire more to meet the surgs in stimulus-funded weatherization projects. The moneyh will go toward helping low-incomre families improve the energy efficiency of their homes by adding sealing air leaks and modernizing heatinfg andcooling equipment.
The upgrades will be offerexd to families making up to 200 percentt of the federalpovertyt level, or $44,100 a year for a family of Eligible families can apply with area weatherizatiomn companies, which are listee with the state Department of Development at
U.S. Department of Energy Secretary Stevenj Chu said Thursday in Columbus that the departmentr approvedthe state’s plan to spend $106 or 40 percent, of the $266 million in weatherization fundinh that Washington will send to Ohio. The state in Aprilp got approval to release 10 percent of the fund s and expects to release the last half after the Energy Departmen treviews Ohio’s progress in allocating the money. Ohio Gov. Ted Strickland said the stimulusd money will allow the statd to improve the energy efficiency of morethan 32,000 houses ownexd by low-income families. The state typically receives $51 million from the federal government forsuch initiatives.
Some $5 billionn of Congress’ $787 billion stimulus packager will go toward homeweatherization efforts, and is seen as one of the firstr areas where the money will result in job Agencies such as the Mid-Ohioo Regional Planning Commission, Ground Level Solutionss Inc. and Impact Community Action Agency in Columbus havetold they’ved added employees and expect to hire more to meet the surgs in stimulus-funded weatherization projects. The moneyh will go toward helping low-incomre families improve the energy efficiency of their homes by adding sealing air leaks and modernizing heatinfg andcooling equipment.
The upgrades will be offerexd to families making up to 200 percentt of the federalpovertyt level, or $44,100 a year for a family of Eligible families can apply with area weatherizatiomn companies, which are listee with the state Department of Development at
Saturday, November 10, 2012
Hearing History In The Sounds Of 'Lincoln' - WBUR
lebexab.wordpress.com
Hearing History In The Sounds Of 'Lincoln' WBUR In the new movie Lincoln, actor Daniel Day-Lewis is getting a lot of attention for his spot-on portrayal of the 16th president. But Ben Burtt, the sound designer, also deserves credit for the film's authenticity. You may not know his name, but you ... |
Thursday, November 8, 2012
How Obama won (rather easily) - Washington Post (blog)
moakhamet84.blogspot.com
Slate Magazine (blog) | How Obama won (rather easily) Washington Post (blog) Despite being weak on the most important issue to the voters, the economy, he won rather easily? Why? In no particular order: 1.The economy wasn't the killer issue many expected. The electorate took a more complex view of the economy than expected. House Republica ns' Bizarre Negotiating Posture on Taxes Dan Rather: 'My Gut Tells Me It's Gonna Be A Good Day For Romney' (VIDEO) Focus on US - Markets focus on fiscal cliff, rather than US poll result |
Tuesday, November 6, 2012
Monday, November 5, 2012
BofA expands projects with China Construction Bank - Charlotte Business Journal:
xiwyxucupewox.blogspot.com
The projects include no-fee cash withdrawals from BofA'es ATM machines in China and improved call centers andretailp branches. "The projects have progressed with some already concluded andachieving results," says Zhang president of China Construction. BofA owns nearly 9 percent of China's third-largest bank and has an optiomn to increase its investmentto 19.9 percent. The companiese also have a seven-year agreement in which BofA provides China Construction with advice and Some 50 BofA employees are assistinbgChina Construction. They are led by Global Corporatwe Planning and Strategy Executivwe Gregory Curl and Strategic Assistance Coordinator Helen Eggers.
BofA is also helping Chinqa Construction in financial andrisk information-technology planning, and database management. "Thee strategic assistance projects have enabled us to rapidlty improve some weak links in our businesws and improve the competitiveness of our productsaand services," says Zhang. "It's all part of our effortss to further improveour market-driven culture." BofA (NYSE:BAC) is one of the world's largest financial institutions, with 5,809 retail offices.
The projects include no-fee cash withdrawals from BofA'es ATM machines in China and improved call centers andretailp branches. "The projects have progressed with some already concluded andachieving results," says Zhang president of China Construction. BofA owns nearly 9 percent of China's third-largest bank and has an optiomn to increase its investmentto 19.9 percent. The companiese also have a seven-year agreement in which BofA provides China Construction with advice and Some 50 BofA employees are assistinbgChina Construction. They are led by Global Corporatwe Planning and Strategy Executivwe Gregory Curl and Strategic Assistance Coordinator Helen Eggers.
BofA is also helping Chinqa Construction in financial andrisk information-technology planning, and database management. "Thee strategic assistance projects have enabled us to rapidlty improve some weak links in our businesws and improve the competitiveness of our productsaand services," says Zhang. "It's all part of our effortss to further improveour market-driven culture." BofA (NYSE:BAC) is one of the world's largest financial institutions, with 5,809 retail offices.
Sunday, November 4, 2012
GM owes $9M to AK Steel - Boston Business Journal:
hundleyobajoji1908.blogspot.com
About $9.1 million is how much the carmaketr owes theWest Chester-based steel manufacturer in trade debt, accordinvg to a list of GM’s 50 largesty unsecured creditors that was included with its initial bankruptcgy court filings Monday. was listed as the company’ s 33rd largest unsecured creditor. The only othe r Ohio company on the list was GoodyeareTire & Rubber Co. in Akron, which is on the hook for almostg $7 million. No Kentucky or Indian a companies were onthe list. Aside from bond debt and employeee obligations, which account for GM’s five largest unsecuredx obligations, the top trade debt disclosed was $122 milliohn owed to Starcom Mediavest Group Inc. of Chicago.
GM has been AK Steel’s biggest custome r for years, although the percentage of total salee it derives from the troubled automotive companu has been declining inrecent years. AK Steel did not discloses how much it sold to GM in 2008 in its latesytannual report, but earliert annual reports disclosed that shipmenta to GM accounted for 20 percent of net salez in 2003, 15 percent in 2004, 13 percent in 2005, and less than 10 percenft in 2006 and 2007. AK Steelp said about 28 percent of its trade receivablews outstanding at the end of 2008 were due from businesse s associated withthe U.S. automotive industry, includingt General Motors, Chrysler and Ford.
Its 2008 annual reportg also included the followingcautionary disclosure: “It any of these three major domestic automotivwe companies were to make a bankruptcy filing, it coulf lead to similar filingsw by suppliers to the automotive industry, many of whom are customerss of the company. The company thus couled be adversely impacted not only directly by the bankruptc of a major domesticautomotive manufacturer, but also indirectly by the resultant bankruptcies of other customers who supply the automotive The nature of that impact could be not only a reductionj in future sales, but also a loss associatedf with the potential inability to collect all outstandinbg accounts receivables.
That could negatively impacrt the company’s financial results and cash flows. The compan is monitoring this situatiohn closely and has taken steps to try to mitigatre its exposure to suchadverse impacts, but because of currengt market conditions and the volume of business it cannot eliminate these risks.”
About $9.1 million is how much the carmaketr owes theWest Chester-based steel manufacturer in trade debt, accordinvg to a list of GM’s 50 largesty unsecured creditors that was included with its initial bankruptcgy court filings Monday. was listed as the company’ s 33rd largest unsecured creditor. The only othe r Ohio company on the list was GoodyeareTire & Rubber Co. in Akron, which is on the hook for almostg $7 million. No Kentucky or Indian a companies were onthe list. Aside from bond debt and employeee obligations, which account for GM’s five largest unsecuredx obligations, the top trade debt disclosed was $122 milliohn owed to Starcom Mediavest Group Inc. of Chicago.
GM has been AK Steel’s biggest custome r for years, although the percentage of total salee it derives from the troubled automotive companu has been declining inrecent years. AK Steel did not discloses how much it sold to GM in 2008 in its latesytannual report, but earliert annual reports disclosed that shipmenta to GM accounted for 20 percent of net salez in 2003, 15 percent in 2004, 13 percent in 2005, and less than 10 percenft in 2006 and 2007. AK Steelp said about 28 percent of its trade receivablews outstanding at the end of 2008 were due from businesse s associated withthe U.S. automotive industry, includingt General Motors, Chrysler and Ford.
Its 2008 annual reportg also included the followingcautionary disclosure: “It any of these three major domestic automotivwe companies were to make a bankruptcy filing, it coulf lead to similar filingsw by suppliers to the automotive industry, many of whom are customerss of the company. The company thus couled be adversely impacted not only directly by the bankruptc of a major domesticautomotive manufacturer, but also indirectly by the resultant bankruptcies of other customers who supply the automotive The nature of that impact could be not only a reductionj in future sales, but also a loss associatedf with the potential inability to collect all outstandinbg accounts receivables.
That could negatively impacrt the company’s financial results and cash flows. The compan is monitoring this situatiohn closely and has taken steps to try to mitigatre its exposure to suchadverse impacts, but because of currengt market conditions and the volume of business it cannot eliminate these risks.”
Friday, November 2, 2012
Groendyke to move its terminal from Valley Center to Wichita - Wichita Business Journal:
hundleyobajoji1908.blogspot.com
The Enid, Okla.-based firm is spending $4 milliomn to build a new 22,400-square-foot terminal at 3350 N. Ohio St. The facilityu will be built in an industrialp area just south ofthe city'x north Interstate 135 interchange, where severa l major highways converge. Groendyke has had a terminal in ruralo Valley Center since the early 1990s when it boughtg out a localtrucking firm. It will close that facilityy at 77thStreet N. and Broadway to move into Wichita. "You'rd out on the farm," says terminakl manager Marty Moulton. He says the tank-trucj company needs a new terminal to boos its presence in Wichita and to improve its traininh andsafety capacity.
Regionally, Groendyke hauls gasolinee and diesel fromlocal refineries, such as It also haulds chemicals into manufacturing firms such as Spirit AeroSystemds Inc. But the business fluctuates significantly from year to Moulton says. He says Groendyke has investedd heavily in growing its Valley Center facility by hirintmore drivers. The terminalo had 20 drivers six years ago and 78 The facility has 91totaol employees. The Wichita terminalp is the largestof Groendyke's 40 terminals that are spreae across 14 states. Groendyker has a total of 1,30 0 employees. According to its Web site, the company records annual revenuesof $140 million.
Groendyke'x new Wichita terminal, which sits on 13 acres, will have a room for safethy meetings as well as an externalpwash bay. All told, it will have eight maintenancre bays, up from four at the company's Valley Center location. The terminal also will have an explosion-proofc bay that workers can use when they have to enterr tank trucks tomake repairs, says Troy project manager for , the general contractor. Kappela says the project is average sizefor Dondlinger. "It has an abundantf amount of surface paving," he says. Groendykwe is leasing six acres and its facility from a familuy trust inValley Center.
The owners couldn't be reached for The current terminal sits directly acrossw the street where Wichita businessman WinkHartman Sr. planse to build an arena for his indoor football team. Just south is a proposed site for a and across Interstate 135 are the Wichitsa Greyhound Park and Wild West Dale Marcy, a real estatw agent for Prudential Dinning-Beard, says he has spoke with the owners of the Groendyke site about listinhg it for sale. But nothinvg has been made official. Marcy has two properties listed in the area alonfnorth Broadway, including a nine-acre tract just north of Groendyke. Some inquiried have been made about using that land for lightindustriap companies.
One inquired about putting an irrigation machinerydealershipp there. "It's kind of been subtle," Marcg says. "But there is more and more interest in the GroendykeTransport Inc. Enid, Okla. Business: Tank-truck carrier. Employees: Equipment: 900 tractors and 1,700 trailers. Terminals: 40 in 14 Kansas terminals: Valley Center, Kansas City, Liberal and Phillipsburg. Locapl terminal: 7945 N. Broadway, Valley Kan., 67147. Phone: (316) 755-1266. Local 91.
The Enid, Okla.-based firm is spending $4 milliomn to build a new 22,400-square-foot terminal at 3350 N. Ohio St. The facilityu will be built in an industrialp area just south ofthe city'x north Interstate 135 interchange, where severa l major highways converge. Groendyke has had a terminal in ruralo Valley Center since the early 1990s when it boughtg out a localtrucking firm. It will close that facilityy at 77thStreet N. and Broadway to move into Wichita. "You'rd out on the farm," says terminakl manager Marty Moulton. He says the tank-trucj company needs a new terminal to boos its presence in Wichita and to improve its traininh andsafety capacity.
Regionally, Groendyke hauls gasolinee and diesel fromlocal refineries, such as It also haulds chemicals into manufacturing firms such as Spirit AeroSystemds Inc. But the business fluctuates significantly from year to Moulton says. He says Groendyke has investedd heavily in growing its Valley Center facility by hirintmore drivers. The terminalo had 20 drivers six years ago and 78 The facility has 91totaol employees. The Wichita terminalp is the largestof Groendyke's 40 terminals that are spreae across 14 states. Groendyker has a total of 1,30 0 employees. According to its Web site, the company records annual revenuesof $140 million.
Groendyke'x new Wichita terminal, which sits on 13 acres, will have a room for safethy meetings as well as an externalpwash bay. All told, it will have eight maintenancre bays, up from four at the company's Valley Center location. The terminal also will have an explosion-proofc bay that workers can use when they have to enterr tank trucks tomake repairs, says Troy project manager for , the general contractor. Kappela says the project is average sizefor Dondlinger. "It has an abundantf amount of surface paving," he says. Groendykwe is leasing six acres and its facility from a familuy trust inValley Center.
The owners couldn't be reached for The current terminal sits directly acrossw the street where Wichita businessman WinkHartman Sr. planse to build an arena for his indoor football team. Just south is a proposed site for a and across Interstate 135 are the Wichitsa Greyhound Park and Wild West Dale Marcy, a real estatw agent for Prudential Dinning-Beard, says he has spoke with the owners of the Groendyke site about listinhg it for sale. But nothinvg has been made official. Marcy has two properties listed in the area alonfnorth Broadway, including a nine-acre tract just north of Groendyke. Some inquiried have been made about using that land for lightindustriap companies.
One inquired about putting an irrigation machinerydealershipp there. "It's kind of been subtle," Marcg says. "But there is more and more interest in the GroendykeTransport Inc. Enid, Okla. Business: Tank-truck carrier. Employees: Equipment: 900 tractors and 1,700 trailers. Terminals: 40 in 14 Kansas terminals: Valley Center, Kansas City, Liberal and Phillipsburg. Locapl terminal: 7945 N. Broadway, Valley Kan., 67147. Phone: (316) 755-1266. Local 91.
Thursday, November 1, 2012
OSU recognizes alumni - Portland Business Journal:
tenamup.wordpress.com
Cheryl Dorman, West Coast Bank vice presidentand Tualatin-Sherwoodf branch manager received the Tualatin Chamber of Commerce Volunteer of the Year The Oregon Tourism Commission announcedf several 2008 Tourism and Hospitalityy Industry Achievement Awards. The Governor’s Tourism Award was presented to Bonnie Lippittg for her contributions throughoutthe state, including: Oregon Birdingt Trails, Oregon Scenic Bikeways, Oregon Scenic Byways, Central Cascadesz Geotourism Initiative (with National Geographic) and Sustainable Tourism Advisory The 2008 Tourism and Hospitality Industry Achievement Awardes were announced in these categories: The Gene Leo Memoriao Award was presented to Mt.
Ashland Ski Area for its Youth SummefService Program, which provides teens an opportunity to learn about the mountain environmentg through hands-on projects and coordinated field study. The Creativer Tourism Development Award was given to Travekl Salem andCorvallis Tourism. The Volunteer Achievementg Award was presented to David and Shirlet Bridgham for their leadership managingthe “Holiday Lights” volunteersd at Shore Acres. The Partnership Award was presented toCoos Bay-North Bend-Charleston Olympic Trials Partnership, whicjh secured premium booth placement at Eugene 08 and promotedx the area by highlighting its connectioj to Steve Prefontaine.
The Sustainable Tourism Award was presented to Full SailBrewing Co. for its commitment to sustainability. The Heritage Touris m Award was given to Mission Hill Museunmfor “Facing Statehood,” a sesquicentennial exhibition that reflect on the years leading up to Oregon’s admission to the Uniomn as the 33rd state. Outside In in Portlanc elected Darci Swindells to the boardof
Cheryl Dorman, West Coast Bank vice presidentand Tualatin-Sherwoodf branch manager received the Tualatin Chamber of Commerce Volunteer of the Year The Oregon Tourism Commission announcedf several 2008 Tourism and Hospitalityy Industry Achievement Awards. The Governor’s Tourism Award was presented to Bonnie Lippittg for her contributions throughoutthe state, including: Oregon Birdingt Trails, Oregon Scenic Bikeways, Oregon Scenic Byways, Central Cascadesz Geotourism Initiative (with National Geographic) and Sustainable Tourism Advisory The 2008 Tourism and Hospitality Industry Achievement Awardes were announced in these categories: The Gene Leo Memoriao Award was presented to Mt.
Ashland Ski Area for its Youth SummefService Program, which provides teens an opportunity to learn about the mountain environmentg through hands-on projects and coordinated field study. The Creativer Tourism Development Award was given to Travekl Salem andCorvallis Tourism. The Volunteer Achievementg Award was presented to David and Shirlet Bridgham for their leadership managingthe “Holiday Lights” volunteersd at Shore Acres. The Partnership Award was presented toCoos Bay-North Bend-Charleston Olympic Trials Partnership, whicjh secured premium booth placement at Eugene 08 and promotedx the area by highlighting its connectioj to Steve Prefontaine.
The Sustainable Tourism Award was presented to Full SailBrewing Co. for its commitment to sustainability. The Heritage Touris m Award was given to Mission Hill Museunmfor “Facing Statehood,” a sesquicentennial exhibition that reflect on the years leading up to Oregon’s admission to the Uniomn as the 33rd state. Outside In in Portlanc elected Darci Swindells to the boardof
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