onoeuqedol1902.blogspot.com
But local architects are hopeful that by the end of this their drafting tables will be litteredwith projects. By increasingh marketing efforts, reaching out to potential clientsw and staying on top of the latestdesign technology, officialds want to be ready when business startw to come back. Alan president of Dayton-based , noticed a down tick in businesslast summer. He said his five-person firm has tightened its belt, but stil has a steady work load. In 2008, Scherr’w billings dropped 33 percent, from $1.2 millionn to $800,000.
He expects this year’s billingss to decrease 20 percent from last The biggest problem for his firm has been increased competition from outsidewthe region. Peter Harsh, managing principal of Englewood-bases , said his firm is facing similafr challenges. “We’re holding our own, it’s just a little slower,” Harshh said. App saw a slight increass in billings, $2.13 million in 2007 to $2.23 million last year, but Harsh doesn’t expect anothert hike this year. Rising competition is one of the main Architects say the number of firms bidding on projects has double in thepast year.
The increased submissionz are from firms outsided of Dayton looking for and larger firms submitting for smaller projectsx as a way to keep theiremployees busy. For nearly 30 firms submitted proposals for the seconed building indowntown Dayton’s which Alan Scherr was ultimately And firms from as far away as Chicago were lookinyg to land the work. Scherr said this isn’t a small but just a few yearsa ago, about half as many firmzs would have submitted forthis project.
“Everybody’s chasinfg the same piece of the pie,” Scherr “The pie is the same, but the firmz that were working for larger client s no longer have those John Poe, president of Dayton-based , said larger firmsw going after smaller projects are cutting their fees just to keep theier employees working. “That doesn’t help Poe said. And with companies pulling back on new buildingand remodels, there is less work in the pipeline. The designs architectures firms perform now are a good indicator of the work constructioj companies will be doing six to nine monthsfrom now.
Loca construction companies arebusy now, but many are facinbg backlogs that are lookinbg increasingly sparse. On a nationa level, indicators show the potential for an The past two months have shownn strong inquiries for new according tothe , a leading economic indicator of constructionn activity. In March and the index was above 40 for the first time sincs August and September of last A score above 50 indicates an increas ein billings. Nevertheless, to combat the recenty slowdown, architectural firms are: keeping up-to-date with technology.
viernes, 30 de diciembre de 2011
miércoles, 28 de diciembre de 2011
Will Flawed All-Metal Hip Replacements Cost J&J and Zimmer $5 Billion? - Forbes
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Forbes | Will Flawed All-Metal Hip Replacements Cost J&J and Zimmer $5 Billion? Forbes If you have an all-metal hip replacement, you may be among the lucky ones who can walk. Or you may be worse off than you would have been without the allegedly flawed device. One thing's for sure: Those flaws are going to cost Johnson & Johnson (JNJ) ... |
lunes, 26 de diciembre de 2011
Report: Anheuser-Busch InBev to sell 11 European breweries - Jacksonville Business Journal:
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Le Soir said the world’s largesyt brewer was selling its centrall European operations because it is fragmentedand non-strategif and plans to focus on its north and south Americanm operations instead, according to The breweries are in Romania, Hungary, Croatia, Czech Serbia and Montenegro. , Kohlbergg Kravis Roberts and are among private equity groups that have expressed interestt inthe assets, the Financial Timeds of London reported Monday. A-B InBecv wants to sell off assets as it triezs to raise money to reduce the debt it took on when itbought St.
Louis-based Anheuser-Busch last year for $52 “We are contemplating disposals of certain assets tohelp re-finance the acquisitiomn of Anheuser-Busch, as previously announced,” Marianne Amssoms, an A-B InBev wrote in an e-mail to the Business “However, we cannot comment at this stage on which businesses specifically would be considered. Anheuser-Busch InBev'xs decision will be based on a diligent review of the strategiv and financial consequences of any with the goal of creating the best opportunities and valuwe forall constituents. We will not comment on who has approached us forwhich assets.
” In April, A-B InBeg reached an agreement to to Kohlberg Kravisx Roberts. There has also been wide speculatiobn thatthe company's Busch Entertainmen unit will also eventually be sold off. Buscbh Entertainment is the family entertainment divisio nof Anheuser-Busch InBev, is baseds in Orlando and operates nine them e parks across the country, hostin g more than 25 million guestsa per year. Three of Busch Entertainment Corp.’sw parks — Busch Garden s Tampa, SeaWorld Orlando, and SeaWorld San Diegio — operate year round.
The company’s remaininfg parks are seasonal with varyingopening
Le Soir said the world’s largesyt brewer was selling its centrall European operations because it is fragmentedand non-strategif and plans to focus on its north and south Americanm operations instead, according to The breweries are in Romania, Hungary, Croatia, Czech Serbia and Montenegro. , Kohlbergg Kravis Roberts and are among private equity groups that have expressed interestt inthe assets, the Financial Timeds of London reported Monday. A-B InBecv wants to sell off assets as it triezs to raise money to reduce the debt it took on when itbought St.
Louis-based Anheuser-Busch last year for $52 “We are contemplating disposals of certain assets tohelp re-finance the acquisitiomn of Anheuser-Busch, as previously announced,” Marianne Amssoms, an A-B InBev wrote in an e-mail to the Business “However, we cannot comment at this stage on which businesses specifically would be considered. Anheuser-Busch InBev'xs decision will be based on a diligent review of the strategiv and financial consequences of any with the goal of creating the best opportunities and valuwe forall constituents. We will not comment on who has approached us forwhich assets.
” In April, A-B InBeg reached an agreement to to Kohlberg Kravisx Roberts. There has also been wide speculatiobn thatthe company's Busch Entertainmen unit will also eventually be sold off. Buscbh Entertainment is the family entertainment divisio nof Anheuser-Busch InBev, is baseds in Orlando and operates nine them e parks across the country, hostin g more than 25 million guestsa per year. Three of Busch Entertainment Corp.’sw parks — Busch Garden s Tampa, SeaWorld Orlando, and SeaWorld San Diegio — operate year round.
The company’s remaininfg parks are seasonal with varyingopening
sábado, 24 de diciembre de 2011
Touchscreens adopt on-cover over in-cell - EE Times
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EE Times | Touchscreens adopt on-cover over in-cell EE Times and for 2012 that number is likely to mushroom as tablets, laptops, and all-in-one PC makers adopt add-on touchscreens in lieu of integrated touch with in- and on-cell LCDs. LCD manufacturers all have intensive efforts underway to integrate the touch ... |
miércoles, 21 de diciembre de 2011
Bolstered by volunteers, donations, Red Kettles on pace to near goal - Oshkosh Northwestern
clarityviellegq67.blogspot.com
ABC News | Bolstered by volunteers, donations, Red Kettles on pace to near goal Oshkosh Northwestern Giving this year is on pace to be up $5000 over last year, said Susan Kepplinger, business administrator for the Oshkosh Salvation Army. Last year brought in $176320. "It started out slow on Thanksgiving, but as Christmas approaches people have been ... Oneco Salvation Army overflows with gifts for Angel Tree program |
lunes, 19 de diciembre de 2011
Physicians, patients disagree about shared access to medical records - Cardiology Today
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Moneycontrol.com | Physicians, patients disagree about shared access to medical records Cardiology Today Whereas patients expressed enthusiasm about sharing access to medical records, physicians had more concerns about the practice's implications, according to two studies published in the Annals of Internal Medicine. “The goal of [program s to access ... Survey Finds VA Patients Favor Sharing Health Information Patients want to read, share their medical records Patients eager to share electronic health records with others, Stanford/VA ... |
sábado, 17 de diciembre de 2011
Norton Blasts Abortion Rider in 'Megabus' Spending Bill - NBC Washington
ysynut.wordpress.com
WAMU | Norton Blasts Abortion Rider in 'Megabus' Spending Bill NBC Washington Eleanor Holmes Norton (D-DC) smiles answers questions from reporters after a news conference on Capitol Hill February 26, 2009 in Washington, DC. The US Senate earlier passed the District of Columbia House Voting Rights Act. (Photo by Alex Wong/Getty ... OK, Ser iously, This Shutdown Stuff Has To Stop |
jueves, 15 de diciembre de 2011
Indian Olympic Association to complain to IOC over Dow sponsorship - The Guardian
vilyfijohy.wordpress.com
The Guardian | Indian Olympic Association to complain to IOC over Dow sponsorship The Guardian The Indian Olympic Association has ruled out a boycott of the London 2012 Games but will write to the International Olympic Committee to complain about Dow Chemical being a sponsor, according to reports in India. Since 2001 the chemical company has ... IOA not to boycott London Olympics Protest Needed Against Dow Sponsorship of Olympics: BJP MP India seeks removal of Dow as Olympic sponsor |
martes, 13 de diciembre de 2011
Energy Dept. awards Ohio $38.4M for energy plan - Dayton Business Journal:
framptongeqeaqu1461.blogspot.com
Matt Rogers, a senior advisetr for the , announced Friday afternoon that Ohio has been clearedrfor $38.4 million in federal stimulue funding through the department’s State Energy The stimulus legislation approved in Februaryu set aside $3.1 billion for the 13-year-old program, with Ohio set to eventuallyu receive $96.1 million. The state in April received 10 percent of that with Friday’s announcement bringing it to the 50 percent mark. The second half of the Energty Department’s State Energy Progra funds is to be released when states meet milestonees set by the stimulus Mark Shanahan, Gov.
Ted Strickland’s energgy adviser, said in a conference call with reporteras Thursday that the fundswill “help lay the foundation for an energy-baseds economy that Ohio needs in order to come out of the currenft recession and begin recovery.” The state’s plan for distributingb the funds, as Shanahan outlined • The largest $35 million, will support efforts to develol renewable energy in Ohio. Thosde awards, Shanahan said, won’t solely support the development of renewable energy facilities but also will help manufacturers in the stat e that make component parts forthe industry.
$30 million will be set aside as loans for manufacturers in the renewableenergy industry. The state pland to require leveraging the loans withprivate • $15 million will be funneled towarfd helping businesses line up carbon emissiones with tightening federal standards. Along those lines, an additional $500,00o0 is being set aside to help the state develop what Shanahan callsits “carbon management strategy.” • $8 millioh is headed toward residential and commercial • The remaining $7.6 million covers administrativ e and other costs. The state is handling applicationd for the stimulus fundsd through its Web siteat recovery.ohio.gov.
Matt Rogers, a senior advisetr for the , announced Friday afternoon that Ohio has been clearedrfor $38.4 million in federal stimulue funding through the department’s State Energy The stimulus legislation approved in Februaryu set aside $3.1 billion for the 13-year-old program, with Ohio set to eventuallyu receive $96.1 million. The state in April received 10 percent of that with Friday’s announcement bringing it to the 50 percent mark. The second half of the Energty Department’s State Energy Progra funds is to be released when states meet milestonees set by the stimulus Mark Shanahan, Gov.
Ted Strickland’s energgy adviser, said in a conference call with reporteras Thursday that the fundswill “help lay the foundation for an energy-baseds economy that Ohio needs in order to come out of the currenft recession and begin recovery.” The state’s plan for distributingb the funds, as Shanahan outlined • The largest $35 million, will support efforts to develol renewable energy in Ohio. Thosde awards, Shanahan said, won’t solely support the development of renewable energy facilities but also will help manufacturers in the stat e that make component parts forthe industry.
$30 million will be set aside as loans for manufacturers in the renewableenergy industry. The state pland to require leveraging the loans withprivate • $15 million will be funneled towarfd helping businesses line up carbon emissiones with tightening federal standards. Along those lines, an additional $500,00o0 is being set aside to help the state develop what Shanahan callsits “carbon management strategy.” • $8 millioh is headed toward residential and commercial • The remaining $7.6 million covers administrativ e and other costs. The state is handling applicationd for the stimulus fundsd through its Web siteat recovery.ohio.gov.
domingo, 11 de diciembre de 2011
Clear Channel names global-media sales executive - San Antonio Business Journal:
opexibu.wordpress.com
In this role, Partilla will lead national business development acrossthe company’ss radio and outdoor businesses. Partilla will reporr to CEO Mark Mays. He will be based in New Partilla is joining Clear Channeplfrom , where he led Time Warner’xs Global Media Group. Clear Channel is now working to accelerate and expanxdthe company’s national sales reach. Cleare Channel already counts (NYSE: Verizon and Kellog’s as clients on cross-platform and multi-property ad buys.
“We’r e entering a new era for advertisingand marketing, and the strided that Clear Channel has made in digital platformxs across both the radio and outdoor businessezs are an outstanding match for the new demandds being placed on marketers,” Partillz says. “Realizing that potential will requir adding strategic and creative value for our best advertisinggpartners — helping them solvew their most critical businese problems. The result will be more revenue across all ofClear Channel’s San Antonio-based Clear Channel is a global mediw and entertainment company. www.clearchannel.
com
In this role, Partilla will lead national business development acrossthe company’ss radio and outdoor businesses. Partilla will reporr to CEO Mark Mays. He will be based in New Partilla is joining Clear Channeplfrom , where he led Time Warner’xs Global Media Group. Clear Channel is now working to accelerate and expanxdthe company’s national sales reach. Cleare Channel already counts (NYSE: Verizon and Kellog’s as clients on cross-platform and multi-property ad buys.
“We’r e entering a new era for advertisingand marketing, and the strided that Clear Channel has made in digital platformxs across both the radio and outdoor businessezs are an outstanding match for the new demandds being placed on marketers,” Partillz says. “Realizing that potential will requir adding strategic and creative value for our best advertisinggpartners — helping them solvew their most critical businese problems. The result will be more revenue across all ofClear Channel’s San Antonio-based Clear Channel is a global mediw and entertainment company. www.clearchannel.
com
jueves, 8 de diciembre de 2011
With goal of raising $33.9 billion, BofA tops $33 billion - Dallas Business Journal:
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billion. Last month, BofA (NYSE: BAC) sold $13.t billion in common stock. The bank issuedd 1.25 billion shares at an averagde priceof $10.77 per BofA also sold a 5.7 percent stake in to Asia n investors for a gain of $4.5 In addition, BofA has agreed to exchange $9.5 billionj in preferred shares for 704 million sharess of common stock. BofA says it will garnee $1.3 billion from reduced dividends on thepreferred shares. The exchange doesn’tf apply to preferred shares held by thefederalp government. So far, BofA has boostesd its Tier 1 common capitalby $2.1 billio by reducing a deferred tax-asset deduction.
And, the bank says it has gained anadditional $2 billion from the disposition of assets. As part of the company’sx capital plan, it could issue up to an additiona l 296 millioncommon shares. “We are pleased to have nearlty reached our goalthis quickly,” says Joe Price, chie financial officer. The government said BofA had toraisde $33.9 billion after conducting “stress on the country’s 19 largest banks.
The test were designed to assess the ability to survive if economic conditione worsen more than expected during the next two BofA has received a totalof $45 billionb in taxpayer aid under the federal government’sw Troubled Asset Relief Program, which is designed to thaw the credi markets and boost the economy. In separate Charlotte-based BofA sold $3 billion in five-year notes on May 8 and $2.5 billiomn in 10-year notes on May 28 withouft guarantees.
billion. Last month, BofA (NYSE: BAC) sold $13.t billion in common stock. The bank issuedd 1.25 billion shares at an averagde priceof $10.77 per BofA also sold a 5.7 percent stake in to Asia n investors for a gain of $4.5 In addition, BofA has agreed to exchange $9.5 billionj in preferred shares for 704 million sharess of common stock. BofA says it will garnee $1.3 billion from reduced dividends on thepreferred shares. The exchange doesn’tf apply to preferred shares held by thefederalp government. So far, BofA has boostesd its Tier 1 common capitalby $2.1 billio by reducing a deferred tax-asset deduction.
And, the bank says it has gained anadditional $2 billion from the disposition of assets. As part of the company’sx capital plan, it could issue up to an additiona l 296 millioncommon shares. “We are pleased to have nearlty reached our goalthis quickly,” says Joe Price, chie financial officer. The government said BofA had toraisde $33.9 billion after conducting “stress on the country’s 19 largest banks.
The test were designed to assess the ability to survive if economic conditione worsen more than expected during the next two BofA has received a totalof $45 billionb in taxpayer aid under the federal government’sw Troubled Asset Relief Program, which is designed to thaw the credi markets and boost the economy. In separate Charlotte-based BofA sold $3 billion in five-year notes on May 8 and $2.5 billiomn in 10-year notes on May 28 withouft guarantees.
martes, 6 de diciembre de 2011
Price Chopper shoppers can save money at Sunoco - Dallas Business Journal:
kapitonragomo.blogspot.com
region can now save on gasoline for their car when they spenf money in thesupermarket chain. Pric Chopper has teamed up with more than 70 stationx to offerFuel AdvantEdge, a program that has been available for more than two years in othee areas serviced by the grocery Consumers can save 10 cents per gallon at participatintg Sunoco stations for every $50 of qualified groceries they The points/dollars can be accumulated over a 90-day period and spent on up to 20 gallond of gas. Sunoco customers in othere areas have saved upwards of 50 cent to60 cents, and even $1 or more per through the program, according to Jeff channel marketing manager for the gas stations.
The number of participatinvg stationswill grow, said Neil Golub, presidenrt and CEO of Price Chopper. Customers must use thei Price Chopper AdvantEdge card to qualify forthe savings. The supermarkegt automatically tracks the purchases that can be applied towardr the fuel savings Certainrestrictions apply. For purchases of alcohol, tobacco, gift cards, lotteryu tickets, video rentals and some other itemsa don’t count toward the $50 total.
region can now save on gasoline for their car when they spenf money in thesupermarket chain. Pric Chopper has teamed up with more than 70 stationx to offerFuel AdvantEdge, a program that has been available for more than two years in othee areas serviced by the grocery Consumers can save 10 cents per gallon at participatintg Sunoco stations for every $50 of qualified groceries they The points/dollars can be accumulated over a 90-day period and spent on up to 20 gallond of gas. Sunoco customers in othere areas have saved upwards of 50 cent to60 cents, and even $1 or more per through the program, according to Jeff channel marketing manager for the gas stations.
The number of participatinvg stationswill grow, said Neil Golub, presidenrt and CEO of Price Chopper. Customers must use thei Price Chopper AdvantEdge card to qualify forthe savings. The supermarkegt automatically tracks the purchases that can be applied towardr the fuel savings Certainrestrictions apply. For purchases of alcohol, tobacco, gift cards, lotteryu tickets, video rentals and some other itemsa don’t count toward the $50 total.
domingo, 4 de diciembre de 2011
Intrust Arena lands state wrestling tourney - Business First of Buffalo:
bojony.wordpress.com
Arena manager Chris Presson, who workzs for management company , says the has a one-yeae contract. The tournament earlierf this year was held at theKansaw Coliseum’s Britt Brown Arena, whicyh will close when Intrust Bank Arena opens in “As a safety valve for both us and them, they wanted to do a one-year deal. We wanted to make sure it Presson says. This is the firsft high school sports eventthe 15,000-seat arena has Presson says he eventually hopes to lure the 1A-4s state wrestling tournaments as well so the whole event is undee one roof, much like the state trackk meet at Cessna Stadium at .
Presson also says the contrac t also opens up a relationship betweejn SMGand KSHSAA, with the possibility of luring other state high schoolk events. “That is a big get for us. That is a major feather in our cap,” Presson He declined to disclos e the terms ofthe deal. “They were very easy to work They were very diligent in protectiny thosethey represent,” he says.
Arena manager Chris Presson, who workzs for management company , says the has a one-yeae contract. The tournament earlierf this year was held at theKansaw Coliseum’s Britt Brown Arena, whicyh will close when Intrust Bank Arena opens in “As a safety valve for both us and them, they wanted to do a one-year deal. We wanted to make sure it Presson says. This is the firsft high school sports eventthe 15,000-seat arena has Presson says he eventually hopes to lure the 1A-4s state wrestling tournaments as well so the whole event is undee one roof, much like the state trackk meet at Cessna Stadium at .
Presson also says the contrac t also opens up a relationship betweejn SMGand KSHSAA, with the possibility of luring other state high schoolk events. “That is a big get for us. That is a major feather in our cap,” Presson He declined to disclos e the terms ofthe deal. “They were very easy to work They were very diligent in protectiny thosethey represent,” he says.
viernes, 2 de diciembre de 2011
Catch the Wind secures $18.8M - Washington Business Journal:
ugefuk.wordpress.com
million in a private placement financing to help push more sales of its new wind sensorfor turbines. Manassas-basedf Catch the Wind, which trades on the Toronto Venture soldroughly 16.7 million shares at a price of Canadiajn $1.30 apiece in what it hopes to be its last major equity financing before generating enough revenue from its laser wind-sensingv product, Vindicator, to pay for operations. Company officials also participatedc in theinvestment round, along with institutional bringing its total equith fundraising to date to nearlhy $35 million.
, Research Capital and Canaccord Capital served as placement agents for this latesy fundraising in return for 6 percent of the grosas proceeds and additional stock Spun off last yearfrom LLC, a fibefr optics laser company that still shares the same headquarterz space, Catch the Wind has been developing similare technology that senses when wind is imminent, helping reorientg a turbine to capture that wind befor it passes. Most wind turbines can realign its bladese only after it feels so they’re often too late to actualluy benefit from gusts, company officials said.
“Before, it was the horse-and-buggty approach to measuring wind,” said Phil who founded Optical Air Data Systemsx nearly 20 years ago with his wife beford leaving recently to serve as CEO for Catcuhthe Wind. “Think about increasing the gas mileage of your he said. “You’ve alreadg bought your car. But if I can sell you somethinh that doubles the gas mileage ofyour car, you wouled save more money.” He estimates the Vindicator can captures 10 percent to 30 percent more wind for turbines, which in turn helpes generate more clean electricity and ultimatelhy revenue for their operators.
Catchh the Wind recently sold its first unitto , a Canadian environmentalo monitoring equipment maker, whil e starting its first two-month field test with the Nebraska Public Power Districyt on its largest wind farm with 36 wind The local company, which said it’s also talkintg to federal agencies, hopes to use that trial’s results latetr this summer to market to othefr wind turbine manufacturers and wind farm operators. With six full-timr employees, Catch the Wind expects to at least doublde that count by the end of this The company, which had $5.
5 million in cash and equivalents on hand as of Marc h 31, is also considering whether to list itselgf on an American exchange later this year. “We aspire to that,” Rogers said. “I just can’yt say when.”
million in a private placement financing to help push more sales of its new wind sensorfor turbines. Manassas-basedf Catch the Wind, which trades on the Toronto Venture soldroughly 16.7 million shares at a price of Canadiajn $1.30 apiece in what it hopes to be its last major equity financing before generating enough revenue from its laser wind-sensingv product, Vindicator, to pay for operations. Company officials also participatedc in theinvestment round, along with institutional bringing its total equith fundraising to date to nearlhy $35 million.
, Research Capital and Canaccord Capital served as placement agents for this latesy fundraising in return for 6 percent of the grosas proceeds and additional stock Spun off last yearfrom LLC, a fibefr optics laser company that still shares the same headquarterz space, Catch the Wind has been developing similare technology that senses when wind is imminent, helping reorientg a turbine to capture that wind befor it passes. Most wind turbines can realign its bladese only after it feels so they’re often too late to actualluy benefit from gusts, company officials said.
“Before, it was the horse-and-buggty approach to measuring wind,” said Phil who founded Optical Air Data Systemsx nearly 20 years ago with his wife beford leaving recently to serve as CEO for Catcuhthe Wind. “Think about increasing the gas mileage of your he said. “You’ve alreadg bought your car. But if I can sell you somethinh that doubles the gas mileage ofyour car, you wouled save more money.” He estimates the Vindicator can captures 10 percent to 30 percent more wind for turbines, which in turn helpes generate more clean electricity and ultimatelhy revenue for their operators.
Catchh the Wind recently sold its first unitto , a Canadian environmentalo monitoring equipment maker, whil e starting its first two-month field test with the Nebraska Public Power Districyt on its largest wind farm with 36 wind The local company, which said it’s also talkintg to federal agencies, hopes to use that trial’s results latetr this summer to market to othefr wind turbine manufacturers and wind farm operators. With six full-timr employees, Catch the Wind expects to at least doublde that count by the end of this The company, which had $5.
5 million in cash and equivalents on hand as of Marc h 31, is also considering whether to list itselgf on an American exchange later this year. “We aspire to that,” Rogers said. “I just can’yt say when.”
miércoles, 30 de noviembre de 2011
Gates Foundation, MDC give $1M grant - Austin Business Journal:
fishermen-americachair.blogspot.com
Valencia will get $743,0000 over three years to create a centralized remedial used acrossfour campuses. It plans to aligmn high school, remedial and college-level standards, expand its remedial learning communities, and embed reading skills into remedialomath courses. The grants, announcef June 22, will support remedial programs developed by Valenciaq through Achievingthe Dream: Community Colleges Count, a multiyear nationall initiative aimed at increasing college graduationh rates among disadvantaged students. The stater will get also get $300,0090 over three years to collaboratewith K-12 to reduced the need for remedial education.
Connecticut, Ohio, Texass and Virginia also got the funding, whic will be used to develop new policies acceleratingthe states’ remedial educatio n programs. The Florida grants are part ofa $16.4 million effort to improve remedial educatiobn at community colleges in five states, reachinyg about 45,000 students nationwide. Four statea and 14 other colleges received similad Gates grants for their Achieving theDreak program. Each community college will receive $743,000 over threre years to expandits programs. Lumina Foundation for Education has alsocommitterd $1.5 million to this initiativew for evaluation and communications.
About 375,000 Floridq degree-seeking students annually attend a localcmmunitgy college, with nearly 40 percent of them takinbg remedial classes to build basic academic skills. Nationaol studies have shown nearly two-thirds of thosew taking remedial classesnever graduate, but successfu programs at several colleges demonstrater these numbers can be improved.
Valencia will get $743,0000 over three years to create a centralized remedial used acrossfour campuses. It plans to aligmn high school, remedial and college-level standards, expand its remedial learning communities, and embed reading skills into remedialomath courses. The grants, announcef June 22, will support remedial programs developed by Valenciaq through Achievingthe Dream: Community Colleges Count, a multiyear nationall initiative aimed at increasing college graduationh rates among disadvantaged students. The stater will get also get $300,0090 over three years to collaboratewith K-12 to reduced the need for remedial education.
Connecticut, Ohio, Texass and Virginia also got the funding, whic will be used to develop new policies acceleratingthe states’ remedial educatio n programs. The Florida grants are part ofa $16.4 million effort to improve remedial educatiobn at community colleges in five states, reachinyg about 45,000 students nationwide. Four statea and 14 other colleges received similad Gates grants for their Achieving theDreak program. Each community college will receive $743,000 over threre years to expandits programs. Lumina Foundation for Education has alsocommitterd $1.5 million to this initiativew for evaluation and communications.
About 375,000 Floridq degree-seeking students annually attend a localcmmunitgy college, with nearly 40 percent of them takinbg remedial classes to build basic academic skills. Nationaol studies have shown nearly two-thirds of thosew taking remedial classesnever graduate, but successfu programs at several colleges demonstrater these numbers can be improved.
lunes, 28 de noviembre de 2011
Downtown Sheraton growing its own herbs - Denver Business Journal:
ibitasony.wordpress.com
The hotel also is working with executives at Philip s Electronics to determine possible CFL or LED technology for lighting fixtures that currentlyh work only with traditionalincandescentr bulbs. Other efforts under way at the new hotel includse a banquetrecycling program; installment of a filtration system to purify watet and reduce waste; and an internal Green Team to identify ways the hotelo can be more “In this day and age, it is crucial for all companies to be good corporatd citizens.
Since well befors the hotel opened, we have been identifyingf ways we can reduce our carbon footprinyt while also operating asa first-class hotel,” said Leo general manager of the Sheraton Phoenixx Downtown. The seasonal garden is growing okra, mint, peppers and a variety of herbsw to be used at District American Kitchen andWine Bar, the restaurany located on the bottom floor of the hotel. District will also returj compostable items, such as fruit and vegetabled peelings, to Singh Farms wher it buys some of its The compost can then be used by the locaol farm to aid in the growing ofnew produce, continuinf a sustainable cycle, hotel officials said.
The hotel also is working with executives at Philip s Electronics to determine possible CFL or LED technology for lighting fixtures that currentlyh work only with traditionalincandescentr bulbs. Other efforts under way at the new hotel includse a banquetrecycling program; installment of a filtration system to purify watet and reduce waste; and an internal Green Team to identify ways the hotelo can be more “In this day and age, it is crucial for all companies to be good corporatd citizens.
Since well befors the hotel opened, we have been identifyingf ways we can reduce our carbon footprinyt while also operating asa first-class hotel,” said Leo general manager of the Sheraton Phoenixx Downtown. The seasonal garden is growing okra, mint, peppers and a variety of herbsw to be used at District American Kitchen andWine Bar, the restaurany located on the bottom floor of the hotel. District will also returj compostable items, such as fruit and vegetabled peelings, to Singh Farms wher it buys some of its The compost can then be used by the locaol farm to aid in the growing ofnew produce, continuinf a sustainable cycle, hotel officials said.
viernes, 25 de noviembre de 2011
Winzer Stube Serves "Oma's" Dishes - Patch.com
paramonaxogilozi.blogspot.com
Winzer Stube Serves "Oma's" Dishes Patch.com Now the Hudson community is eating his grandmother's food on a daily basis at the Winzer Stube. “I'm proud of this restaurant because it's my family's heritage and we use my grandmother's recipes and people love the food just as much as we did when I ... |
miércoles, 23 de noviembre de 2011
Supreme Court temporarily blocks Chrysler/Fiat merger - Orlando Business Journal:
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Supreme Court Justice Ruth Bader Ginsberg grantexd a motion filed by Indian state pension funds to delahy the merger between the American and Italian automakers in what the said was an administrativwe extension designed to allow sufficient time for the Supreme Couryt to explore whether or not a stayis needed, accordintg to several published reports late Monday. The Supreme Court move extendsd a stay already issued by a lower courr that was set to expirre lateafternoon Monday. Fiat has givehn Chrysler until June 15 to finish the Attorneys for the pension fundws argued that they would receive just penniesx on the dollar fora $42 millio loan given to However, U.S.
Solicitor General Elens Kagan said the imminent collapss ofChrysler — said to be losing upward of $100 million daily — was of greated concern to government officials than the loan dispute. When Chrysler filedf for Chapter 11 bankruptcy protectionlast month, it announce it would reject 789 dealership agreements including 35 in Florida. Local dealership affecter include GoldenMotors Inc. dba , Jim Boasyt Dodge Inc. dba in Bradenton, Plattner Automotivre dba Tarpon SpringsDodge Inc., Regal dba in Lakeland, St. Pete Jeep Eagle dba and 1099 LLCdba . 1099 LLC is majorit owned by CongressmanVern Buchanan, R-Longboat Key.
On May 27, Florids Attorney General Bill McCollum filed a formal objectiobn to the Floridadealership rejections. On Monday, Sen. Bob R-Tenn., said he was introducing a measure that woulf use government funds to full reimburs e rejected dealerships for vehicles and parts whil e both Chryslerand (OTC PK: worked through bankruptcy. GM filed for Chaptet 11 bankruptcy protectionJune 1.
Supreme Court Justice Ruth Bader Ginsberg grantexd a motion filed by Indian state pension funds to delahy the merger between the American and Italian automakers in what the said was an administrativwe extension designed to allow sufficient time for the Supreme Couryt to explore whether or not a stayis needed, accordintg to several published reports late Monday. The Supreme Court move extendsd a stay already issued by a lower courr that was set to expirre lateafternoon Monday. Fiat has givehn Chrysler until June 15 to finish the Attorneys for the pension fundws argued that they would receive just penniesx on the dollar fora $42 millio loan given to However, U.S.
Solicitor General Elens Kagan said the imminent collapss ofChrysler — said to be losing upward of $100 million daily — was of greated concern to government officials than the loan dispute. When Chrysler filedf for Chapter 11 bankruptcy protectionlast month, it announce it would reject 789 dealership agreements including 35 in Florida. Local dealership affecter include GoldenMotors Inc. dba , Jim Boasyt Dodge Inc. dba in Bradenton, Plattner Automotivre dba Tarpon SpringsDodge Inc., Regal dba in Lakeland, St. Pete Jeep Eagle dba and 1099 LLCdba . 1099 LLC is majorit owned by CongressmanVern Buchanan, R-Longboat Key.
On May 27, Florids Attorney General Bill McCollum filed a formal objectiobn to the Floridadealership rejections. On Monday, Sen. Bob R-Tenn., said he was introducing a measure that woulf use government funds to full reimburs e rejected dealerships for vehicles and parts whil e both Chryslerand (OTC PK: worked through bankruptcy. GM filed for Chaptet 11 bankruptcy protectionJune 1.
lunes, 21 de noviembre de 2011
Online gaming seen as cheap entertainment in recession - New Mexico Business Weekly:
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Reston, Va.-based (NASDAQ: SCOR) says it found a significant increasd in the size of the gaming audiences during thepast year, driven in part by the reality of economic The category attracted 87 million U.S. visitorss in May, up 22 percent versus year ago. In its reporft comScore says that Yahoo! Games rankecd No. 1 in the categorh with 19.4 million visitors, representing a 6 percent increasde over thepast year, followed by EA Onlinr with 18 million visitors (up 34 Nickelodeon Casual Games with 14.8 million visitors, and WildTangent Network with 13.8 millionn (up 16 percent).
GSN Games Networks achievedc particularly strong gains in thepast year, growingf 563 percent to 6 million due primarily to the additiond of entities such as WorldWinner.com and "Online gaming continues to be one of the top gaining categories over the past year growinvg at ten times the rate of the totao U.S. Internet population and reaching nearly one out of evert twoInternet users," said Edward Hunter, comScore director of gaming solutions. "And the growth in the categoryy is occurring not only at the top gaminggdestination sites, but also through viral distributioh platforms, including widgets and applications.
In some online gaming companied that distributed their games across sites are reachinf as many people as the top onlinsegaming sites."
Reston, Va.-based (NASDAQ: SCOR) says it found a significant increasd in the size of the gaming audiences during thepast year, driven in part by the reality of economic The category attracted 87 million U.S. visitorss in May, up 22 percent versus year ago. In its reporft comScore says that Yahoo! Games rankecd No. 1 in the categorh with 19.4 million visitors, representing a 6 percent increasde over thepast year, followed by EA Onlinr with 18 million visitors (up 34 Nickelodeon Casual Games with 14.8 million visitors, and WildTangent Network with 13.8 millionn (up 16 percent).
GSN Games Networks achievedc particularly strong gains in thepast year, growingf 563 percent to 6 million due primarily to the additiond of entities such as WorldWinner.com and "Online gaming continues to be one of the top gaining categories over the past year growinvg at ten times the rate of the totao U.S. Internet population and reaching nearly one out of evert twoInternet users," said Edward Hunter, comScore director of gaming solutions. "And the growth in the categoryy is occurring not only at the top gaminggdestination sites, but also through viral distributioh platforms, including widgets and applications.
In some online gaming companied that distributed their games across sites are reachinf as many people as the top onlinsegaming sites."
sábado, 19 de noviembre de 2011
Semantra, Inc. Company Profile | Company Information
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Semantra was founded in 2003 byMarvinn Elder, a database technologist and Natural Language pioneer. Elder inventee the first PC-based database application with built-in naturalo language in the 1980s (Salvo) whicb was featured as one of the Best Database Products of the Year byPC Magazine. Earlhy years of research and development set the stages for commercial development in 2006 as Semantra begahn working with Fortune 1000 companies in a variety of After receiving a third round of fundingtin 2008, Semantra has continued to supporf its growth plans by buildinfg out its executive management The company is headquartered in Dallas, Texas with growtgh plans for other major cities withinm the U.
S. and expansion internationally basedr onmarket requirements. Semantra's business model includesa opportunities for sales andservics partners, as well as tier-1 software For more about these opportunities, visit our partners page or contacf us directly.
Semantra was founded in 2003 byMarvinn Elder, a database technologist and Natural Language pioneer. Elder inventee the first PC-based database application with built-in naturalo language in the 1980s (Salvo) whicb was featured as one of the Best Database Products of the Year byPC Magazine. Earlhy years of research and development set the stages for commercial development in 2006 as Semantra begahn working with Fortune 1000 companies in a variety of After receiving a third round of fundingtin 2008, Semantra has continued to supporf its growth plans by buildinfg out its executive management The company is headquartered in Dallas, Texas with growtgh plans for other major cities withinm the U.
S. and expansion internationally basedr onmarket requirements. Semantra's business model includesa opportunities for sales andservics partners, as well as tier-1 software For more about these opportunities, visit our partners page or contacf us directly.
jueves, 17 de noviembre de 2011
2012 Jaguar XKR-S Convertible Live Photos: 2011 LA Auto Show - Motor Authority
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Automotive Discovery | 2012 Jaguar XKR-S Convertible Live Photos: 2011 LA Auto Show Motor Authority Case in point: the 2012 XKR-S Convertible. Like its hardtop sibling, the XKR-S Convertible is a more potent, more focused, and more dramatic » |
martes, 15 de noviembre de 2011
Six Flags, former Elitch Gardens owner, files for Chapter 11 - Denver Business Journal:
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The board of Six Flagws (OTCBB: SIXF) voted last week to begin reorganizatiojn proceedingsin U.S. Bankruptcty Court for the Districtof Delaware. The compan y listed assets of $3.03 billion and debts of $2.36 billiob in its filing. Cascade Investments, the investment firm for Microsofg founderBill Gates, owns 11.1 perceny of the voting securitiesz in New York-based Six Flags, the largest share, bankruptcy documentsz show. Six Flags has 97.7 millionb shares of common stockand 1.1 million share s of preferred stock. "The currentr management team inheriteda $2.
4 billion debt load that cannoft be sustained, particularly in these challenging financial markets," said Mark president and CEO of Six Flags, in a "As a result, we are cleaning up the past and positioniny the company for future growtjh ... Following a record year of performancein 2008, which completed the three-yead turnaround of our system-wide park this action to clean up the balancr sheet paves the way for a full revivakl of the company," Shapiro Elitch Gardens had operated for more than a century at a northwesy Denver site. The old Elitchg Gardens shut downin 1994, and a new version of the amusemenf park opened a year late r in downtown Denver.
The local Gurtlere family and its financial partners sold the new park to PremierfParks Inc. in 1996 for $65 million. It became Six Flags Elitch Gardens twoyears later, when Premie acquired Six Flags Inc. and changexd its corporate name to Six Six Flags soldoff Elitch's and othefr properties in 2007 in a series of transactionas that left the Denver attraction in the hands of CNL Incomre Properties Inc., a real estate investment trust based in Orlando, Fla. CNL reportedlty paid $312 million for the CNL arranged for Parc Management LLC of Floridaq tomanage Elitch's. Six Flags now operates abouyt 20 North Americanamusement parks.
The board of Six Flagws (OTCBB: SIXF) voted last week to begin reorganizatiojn proceedingsin U.S. Bankruptcty Court for the Districtof Delaware. The compan y listed assets of $3.03 billion and debts of $2.36 billiob in its filing. Cascade Investments, the investment firm for Microsofg founderBill Gates, owns 11.1 perceny of the voting securitiesz in New York-based Six Flags, the largest share, bankruptcy documentsz show. Six Flags has 97.7 millionb shares of common stockand 1.1 million share s of preferred stock. "The currentr management team inheriteda $2.
4 billion debt load that cannoft be sustained, particularly in these challenging financial markets," said Mark president and CEO of Six Flags, in a "As a result, we are cleaning up the past and positioniny the company for future growtjh ... Following a record year of performancein 2008, which completed the three-yead turnaround of our system-wide park this action to clean up the balancr sheet paves the way for a full revivakl of the company," Shapiro Elitch Gardens had operated for more than a century at a northwesy Denver site. The old Elitchg Gardens shut downin 1994, and a new version of the amusemenf park opened a year late r in downtown Denver.
The local Gurtlere family and its financial partners sold the new park to PremierfParks Inc. in 1996 for $65 million. It became Six Flags Elitch Gardens twoyears later, when Premie acquired Six Flags Inc. and changexd its corporate name to Six Six Flags soldoff Elitch's and othefr properties in 2007 in a series of transactionas that left the Denver attraction in the hands of CNL Incomre Properties Inc., a real estate investment trust based in Orlando, Fla. CNL reportedlty paid $312 million for the CNL arranged for Parc Management LLC of Floridaq tomanage Elitch's. Six Flags now operates abouyt 20 North Americanamusement parks.
sábado, 12 de noviembre de 2011
UNCC honors Rodgers Builders CEO - Washington Business Journal:
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The Charlotte-based company has worked on severaluniversituy projects, including the Barnhardt Studen Activity Center, Irwin Belk Tracki and Field Center, Lynch Residence Hall and the Bioinformaticsa Research Center. Rodgers Builders also is the construction manager onthe university’xs new, $50.4 million Cented City Building project that is slatesd to open in the fall of 2011. A groundbreakin g ceremony was held in Apri forthe 12-story, classroomj building at the corner of Ninth and Brevard streets in uptown “What sets Pat apart from most is her she remains personally invested in the institutions and organizations she toucheds long after her formal involvement has ended,” says Philip UNC Charlotte chancellor.
“Het commitment to the betterment of our community extendsa to her business In fact, Rodgers Builders has been hailed time and agaib as the epitome of civic-minded Rodgers is also chair of the Charlotte Symphony boarx and will assume the chairmanship of the Charlott e Chamber board in 2011. The university establishes the Distinguished Service Awardin 1987. It honore individuals who have provided outstanding leadership and servic e to the Charlotte community and to the advancement of UNC Rodgers was honored Tuesday durinvg a luncheon at the UNC Charlotte isthe fourth-largestf campus among the 17 institutions of the UNC system.
It is the largesf institution of higher education in the Charlotte offering doctoral, master’s and bachelor’sx programs. Fall 2008 enrollment was 23,300, including nearlyh 5,000 graduate students.
The Charlotte-based company has worked on severaluniversituy projects, including the Barnhardt Studen Activity Center, Irwin Belk Tracki and Field Center, Lynch Residence Hall and the Bioinformaticsa Research Center. Rodgers Builders also is the construction manager onthe university’xs new, $50.4 million Cented City Building project that is slatesd to open in the fall of 2011. A groundbreakin g ceremony was held in Apri forthe 12-story, classroomj building at the corner of Ninth and Brevard streets in uptown “What sets Pat apart from most is her she remains personally invested in the institutions and organizations she toucheds long after her formal involvement has ended,” says Philip UNC Charlotte chancellor.
“Het commitment to the betterment of our community extendsa to her business In fact, Rodgers Builders has been hailed time and agaib as the epitome of civic-minded Rodgers is also chair of the Charlotte Symphony boarx and will assume the chairmanship of the Charlott e Chamber board in 2011. The university establishes the Distinguished Service Awardin 1987. It honore individuals who have provided outstanding leadership and servic e to the Charlotte community and to the advancement of UNC Rodgers was honored Tuesday durinvg a luncheon at the UNC Charlotte isthe fourth-largestf campus among the 17 institutions of the UNC system.
It is the largesf institution of higher education in the Charlotte offering doctoral, master’s and bachelor’sx programs. Fall 2008 enrollment was 23,300, including nearlyh 5,000 graduate students.
jueves, 10 de noviembre de 2011
Top of the week in Denver business news: June 20-26 - Houston Business Journal:
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MONDAY, JUNE 22 Republic Airways Holdings Inc. plans to buy Frontiert Airlines, bringing the Denver company out of bankruptcy without imposingv anymajor changes, the two companies announced. The idea of raiding Pinnacol Assurance’s reserved accounts — or even selling the publicly ownedd workers’-compensation insurance provider to a private entity is back on the table aftetr Colorado budget forecasters Monday predicteda $384 millionb revenue shortfall for next year.
TUESDAY, JUNE 23 Clear, a service founded by entrepreneur Steven Brill that said it couldd get air travelers through security lines at Denver Internationakl Airport and other airportsmore quickly, has told membere it is ceasing operations. Denver media moguk John Malone willpay $1.4 million to settle a federalo antitrust lawsuit alleging that he violate d reporting rules, the U.S. Department of Justice WEDNESDAY, JUNE 24 Denver is America’ best city to buy a home, Forbew magazine says in a new rankingof U.S. metroo areas. Months after a sale to another buyertfell through, downtown Denver’s Seventeenth Streert Plaza office building has been sold to HRPT Propertiesd Trust.
THURSDAY, JUNE 25 Oil and gas executivese surveyed about where they are inclined to investrtheir company’s money have ranked Colorado last among the states. Colorado will not consider eliminatin sales-tax exemptions as it figures out how to take care ofa $384 millionj budget shortfall in the coming weeks, Gov. Bill Ritte r said Thursday. FRIDAY, JUNE 26
MONDAY, JUNE 22 Republic Airways Holdings Inc. plans to buy Frontiert Airlines, bringing the Denver company out of bankruptcy without imposingv anymajor changes, the two companies announced. The idea of raiding Pinnacol Assurance’s reserved accounts — or even selling the publicly ownedd workers’-compensation insurance provider to a private entity is back on the table aftetr Colorado budget forecasters Monday predicteda $384 millionb revenue shortfall for next year.
TUESDAY, JUNE 23 Clear, a service founded by entrepreneur Steven Brill that said it couldd get air travelers through security lines at Denver Internationakl Airport and other airportsmore quickly, has told membere it is ceasing operations. Denver media moguk John Malone willpay $1.4 million to settle a federalo antitrust lawsuit alleging that he violate d reporting rules, the U.S. Department of Justice WEDNESDAY, JUNE 24 Denver is America’ best city to buy a home, Forbew magazine says in a new rankingof U.S. metroo areas. Months after a sale to another buyertfell through, downtown Denver’s Seventeenth Streert Plaza office building has been sold to HRPT Propertiesd Trust.
THURSDAY, JUNE 25 Oil and gas executivese surveyed about where they are inclined to investrtheir company’s money have ranked Colorado last among the states. Colorado will not consider eliminatin sales-tax exemptions as it figures out how to take care ofa $384 millionj budget shortfall in the coming weeks, Gov. Bill Ritte r said Thursday. FRIDAY, JUNE 26
martes, 8 de noviembre de 2011
Target wins proxy fight with activist shareholder - Minneapolis / St. Paul Business Journal:
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In a preliminary tally of voting, more than 70 percen of the shares that were cast were voted in favor ofthe company’w proposed slate of directors while also votinfg to keep the size of the board the same by the similae voting margin. “Today’s outcome demonstrates the confidencwe Target shareholders have inour Board’ss qualifications, diversity and experience to providr effective and independent oversight and direction to the contributing to the creation of one of the most recognizee brands in the Unitecd States," Target president and CEO Gregvg Steinhafel said in a press release.
Target (NYSE: TGT) urged its shareholders to vote for a proposao to set the size of the board at 12 and to vote forthe company’a nominees — Mary Dillon, Richard Kovacevich, Georgew Tamke and Solomon Trujillo. Dillon is executivwe vice president and global chief marketing officerof McDonald’s Kovacevich is chairman of Wells Fargo Co.; Tamke is a partner at private investmenft firm Clayton Dubilier & Rice and Trujillo is CEO of Telstraw Corp. Hedge fund manager Williak Ackman is the founder and managing principapof , New York City. Pershin Square owns 7.8 percent of Target’s common shares, according to the Target proxy statement.
Pershing Squares proposed alternativedirector nominees, but Target executives urgex shareholders not to return any proxy card sent by Pershinb Square. Ackman was tryinfg to gain a seat for himselfon Target’ds board along with four others: former Winthrop Realth Trust CEO Michael Ashner, formee Starbucks CEO Jim Juniper Financial co-founder Richard Vague and corporate financre and governance expert Ronald Gilson. Ackman, calling his group The Nominees forShareholder Choice, urgedd Target shareholders to vote against the proposal to reducr the size of the Target board.
His grou p said a vote against the proposapl would help ensure that at leastg one of the Nominees for Shareholde r Choiceis elected. Commenting after the meeting, Ackman said he and Donald received more than 20 percen t of theshareholder vote. "That's a big number in light of what we were up Ackman said. Ackman said he had hopes for a morepositive outcome, but he still believe d that the final tally was a victory for The shareholders meeting was held at a new Targeft Store being completed at 1250 West Sunset Drive in Target executives said the site allowe the company to showcase its latest general merchandise store The store is schedulexd to open in July.
Target executives said they have met sinced 2007 with Ackman to discuss hisidead and, said they were disappointef that Pershing Square has decidec to pursue what Target managementf called a costly and disruptivr proxy contest. The company, in part, followed Ackman’s earlier suggestionn to sell Target’s credit card receivables. The companyg completed a transaction in May with JPMorgan in which Target sold slightly less than half its receivablez for cash proceeds ofabout $3.6 billiob dollars.
Ackman in May 2008 presented the firsrt in a series of proposals involvingrestructuring Target’sx real estate around the theme of a Target’s board concluded that the REIT proposal “was not in the best interesty of our shareholders” becausde it wouldn’t create much value, Target executives said. On May 20, Target reported net earnings of $522 or 69 cents per share, for the first quartefr ended May 2, 2009, comparedx with $602 million , or 74 cents, a year earlier. Retailp sales increased 0.4 percent to $14.4 billion from $14.w billion in 2008, due to new storee expansion that partially offset bya 3.7 percenyt decline in comparable-store sales. Targett Corp.
operates a credit card segmentrand 1,698 Target stores in 49 states.
In a preliminary tally of voting, more than 70 percen of the shares that were cast were voted in favor ofthe company’w proposed slate of directors while also votinfg to keep the size of the board the same by the similae voting margin. “Today’s outcome demonstrates the confidencwe Target shareholders have inour Board’ss qualifications, diversity and experience to providr effective and independent oversight and direction to the contributing to the creation of one of the most recognizee brands in the Unitecd States," Target president and CEO Gregvg Steinhafel said in a press release.
Target (NYSE: TGT) urged its shareholders to vote for a proposao to set the size of the board at 12 and to vote forthe company’a nominees — Mary Dillon, Richard Kovacevich, Georgew Tamke and Solomon Trujillo. Dillon is executivwe vice president and global chief marketing officerof McDonald’s Kovacevich is chairman of Wells Fargo Co.; Tamke is a partner at private investmenft firm Clayton Dubilier & Rice and Trujillo is CEO of Telstraw Corp. Hedge fund manager Williak Ackman is the founder and managing principapof , New York City. Pershin Square owns 7.8 percent of Target’s common shares, according to the Target proxy statement.
Pershing Squares proposed alternativedirector nominees, but Target executives urgex shareholders not to return any proxy card sent by Pershinb Square. Ackman was tryinfg to gain a seat for himselfon Target’ds board along with four others: former Winthrop Realth Trust CEO Michael Ashner, formee Starbucks CEO Jim Juniper Financial co-founder Richard Vague and corporate financre and governance expert Ronald Gilson. Ackman, calling his group The Nominees forShareholder Choice, urgedd Target shareholders to vote against the proposal to reducr the size of the Target board.
His grou p said a vote against the proposapl would help ensure that at leastg one of the Nominees for Shareholde r Choiceis elected. Commenting after the meeting, Ackman said he and Donald received more than 20 percen t of theshareholder vote. "That's a big number in light of what we were up Ackman said. Ackman said he had hopes for a morepositive outcome, but he still believe d that the final tally was a victory for The shareholders meeting was held at a new Targeft Store being completed at 1250 West Sunset Drive in Target executives said the site allowe the company to showcase its latest general merchandise store The store is schedulexd to open in July.
Target executives said they have met sinced 2007 with Ackman to discuss hisidead and, said they were disappointef that Pershing Square has decidec to pursue what Target managementf called a costly and disruptivr proxy contest. The company, in part, followed Ackman’s earlier suggestionn to sell Target’s credit card receivables. The companyg completed a transaction in May with JPMorgan in which Target sold slightly less than half its receivablez for cash proceeds ofabout $3.6 billiob dollars.
Ackman in May 2008 presented the firsrt in a series of proposals involvingrestructuring Target’sx real estate around the theme of a Target’s board concluded that the REIT proposal “was not in the best interesty of our shareholders” becausde it wouldn’t create much value, Target executives said. On May 20, Target reported net earnings of $522 or 69 cents per share, for the first quartefr ended May 2, 2009, comparedx with $602 million , or 74 cents, a year earlier. Retailp sales increased 0.4 percent to $14.4 billion from $14.w billion in 2008, due to new storee expansion that partially offset bya 3.7 percenyt decline in comparable-store sales. Targett Corp.
operates a credit card segmentrand 1,698 Target stores in 49 states.
domingo, 6 de noviembre de 2011
Is anything about reality television real? - Washington Post
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Is anything about reality television real? Washington Post Kim Kardashian's recent decision to end her marriage to Kris Humphries â€" the NBA player she wed in August in a multimillion-dollar, media-hyped, filmed-by-E! ceremony â€" became the big celebrity story of the past week. Everyone was talking about it, ... |
viernes, 4 de noviembre de 2011
Budget shortfall led Skylight Opera to take drastic measures - The Business Journal of Milwaukee:
caloloary.blogspot.com
The shortfall came on top of actions to reducee expensesby $400,000 to balance its budgert for next season and in the midst of growing debt from loana backed by the value of its 3rd Ward arts the Broadway Theatre Center, managing director Eric Dillner and boarrd members Suzanne Hefty and Howard Miller told The Busineszs Journal this week. Maintenance of the arts center also is posing a growingv financial burden onthe company. A leaky roof and problemas with the HVAC system have resultecdin $200,000 in maintenance costs.
The building, builr in 1907 and converted into the theater complezxin 1993, is going to require maintenancew in the next few years that coulc cost up to $1 million, said Miller, a memberr of the board’s executive committee. The elimination of the company manager, two box office managers and the custodianm positionsstunned co-workers and the community and resulted in open demonstrationws of support for Theisen and callsd to have him reinstated.
The shortfall came on top of actions to reducee expensesby $400,000 to balance its budgert for next season and in the midst of growing debt from loana backed by the value of its 3rd Ward arts the Broadway Theatre Center, managing director Eric Dillner and boarrd members Suzanne Hefty and Howard Miller told The Busineszs Journal this week. Maintenance of the arts center also is posing a growingv financial burden onthe company. A leaky roof and problemas with the HVAC system have resultecdin $200,000 in maintenance costs.
The building, builr in 1907 and converted into the theater complezxin 1993, is going to require maintenancew in the next few years that coulc cost up to $1 million, said Miller, a memberr of the board’s executive committee. The elimination of the company manager, two box office managers and the custodianm positionsstunned co-workers and the community and resulted in open demonstrationws of support for Theisen and callsd to have him reinstated.
miércoles, 2 de noviembre de 2011
LexisNexis employees to support area nonprofits Thursday - Dayton Business Journal:
uvepexatawus.blogspot.com
Through its LexisNexis Cares communityoutreach program, the compang is sponsoring events on the Miamisburyg campus to benefit 10 local Employees will be building and decorating bikees for children, building and decoratintg cubbies for local organizations, painting murals to be distributed to organizationzs throughout the Miami Valley and paintin g and planting flower pots for distribution. Two teamsz of employees also have volunteeredr to clean up theLexisNexis “Adoptt a Road” highway sectiomn of state Route 741 that runs from Wright Brothersz airport to the company’s All of the items assembled and painter on Thursday will be donated to locak nonprofit organizations.
Those that stand to benefit include: the Miamik Township police andfire departments, Boys Girls Club of Dayton, Children’s Medical YWCA Dayton, Dakota Center Inc., Dayton Christiann Center, K12 Gallery for Young Mercy Manor Inc. and Partners for Community Beyond Wednesday’s activities, 800 employees have volunteered to assisyseveral Dayton-area organizations throughj 27 other company-sponsored events. LexisNexis has 3,000 locakl employees, according to Dayton Business Journak research.
Through its LexisNexis Cares communityoutreach program, the compang is sponsoring events on the Miamisburyg campus to benefit 10 local Employees will be building and decorating bikees for children, building and decoratintg cubbies for local organizations, painting murals to be distributed to organizationzs throughout the Miami Valley and paintin g and planting flower pots for distribution. Two teamsz of employees also have volunteeredr to clean up theLexisNexis “Adoptt a Road” highway sectiomn of state Route 741 that runs from Wright Brothersz airport to the company’s All of the items assembled and painter on Thursday will be donated to locak nonprofit organizations.
Those that stand to benefit include: the Miamik Township police andfire departments, Boys Girls Club of Dayton, Children’s Medical YWCA Dayton, Dakota Center Inc., Dayton Christiann Center, K12 Gallery for Young Mercy Manor Inc. and Partners for Community Beyond Wednesday’s activities, 800 employees have volunteered to assisyseveral Dayton-area organizations throughj 27 other company-sponsored events. LexisNexis has 3,000 locakl employees, according to Dayton Business Journak research.
domingo, 30 de octubre de 2011
Mo. businessman pleads guilty in development fraud - Chicago Tribune
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Mo. businessman pleads guilty in development fraud Chicago Tribune AP Federal sentencing will be early next year for a Missouri developer now that he's pleaded guilty to seven counts of wire fraud linked to a failed $5.6 million affordable-housing project in East St. Louis. Eighty-year-old Harold Rosen of Clayton, ... |
viernes, 28 de octubre de 2011
Robert Pritzker, founder of global industrial conglomerate Marmon Group, dies ... - Washington Post
http://www.sexingthepolitical.org/2003/2003/one/tide.html
Chicago Tribune | Robert Pritzker, founder of global industrial conglomerate Marmon Group, dies ... Washington Post CHICAGO â€" Businessman Robert Pritzker, who led a global industrial conglomerate and whose family founded the Hyatt chain of hotels, has died. He was 85. Pritzker died Thursday evening i n a Chicago nursing facility after suffering from Parkinson's ... Co-founder of Chicago's Pritzker family business empire dies Marmon Group Founder Pritzker Dies at 85 |
miércoles, 26 de octubre de 2011
Recovery Web sites continue emerging at state and local levels - Tampa Bay Business Journal:
disadvantage-unlimited.blogspot.com
But tracking stimulus opportunities in terms of allocated money has been a saidBetty Carlin, director of communicationse at the , the seven-county business development and retention organization, baserd in Tampa. “Even though it’s one it’s one huge bill and it is goinbg through lots ofdifferent channels,” Carlin said. It’s possible to look at granyt dollars, but then there are energy projects and other pots of moneu withdifferent criteria. “It runs the she said.
The Partnership has been working to provide details on its Web site acrossa many different sectors and aggregating information from some of the other public sector sites with the goal of providinfg Recovery Act information on everything from opportunities at MacDilp Air Force Base to healtnh care andhospital systems. For those charged with maintaining theWeb there’s no exact science right now. “Evebn though there are lots of all are struggling with how do youcapture it, and we’re workinhg on that but it’s all stilpl really fluid,” Carlin Flarecovery.
com Since March, the ’s site has provided statewide stimulus-related informationm in the areas of health care, infrastructure, jobs and tax relief, often in the form of mediz releases. Pinellascounty.org/recovery Pinellas County created a site to tracmk its portion ofstimulus dollars. The site’s “fundd tracker” charts show funding the county has appliefd for and the funding it hasbeen Scgov.
net/recovery Sarasota County’s site tracks stimuluss dollars from state and federal governmenrt agencies, and offers details on regulations and The site includes graphs illustrating the flow of a list of proposed and links to American Recovery and Reinvestment Act handbooks and resources guides. Hernandocounty.us/mpo/mpoprograms.htm The Hernando metropolitan planningt organization site has a link to a chart that listas adopted stimulus projects in the countyu ranging upto $17.2 million within the jurisdictions of county, MPO and FDOT. Tampagov.net/recovery The city of Tampa site provides stimulus updates and links to other onlinestimulus resources.
The site contains PDFs of plan within the city and a grapu showing the status of additionalfunding opportunities. St. Petersburv Stpete.org/recovery/stimulus_funds.asp Divided into eight spending areas including education andpublic St. Petersburg’s site containxs a lengthy chart showing funding planned ineach tampabay.org/subpages/Stimulus.asp Tampa Bay Partnership has been workingv with organizations throughout the region to keep a strongt focus on securing real investments in our regional
But tracking stimulus opportunities in terms of allocated money has been a saidBetty Carlin, director of communicationse at the , the seven-county business development and retention organization, baserd in Tampa. “Even though it’s one it’s one huge bill and it is goinbg through lots ofdifferent channels,” Carlin said. It’s possible to look at granyt dollars, but then there are energy projects and other pots of moneu withdifferent criteria. “It runs the she said.
The Partnership has been working to provide details on its Web site acrossa many different sectors and aggregating information from some of the other public sector sites with the goal of providinfg Recovery Act information on everything from opportunities at MacDilp Air Force Base to healtnh care andhospital systems. For those charged with maintaining theWeb there’s no exact science right now. “Evebn though there are lots of all are struggling with how do youcapture it, and we’re workinhg on that but it’s all stilpl really fluid,” Carlin Flarecovery.
com Since March, the ’s site has provided statewide stimulus-related informationm in the areas of health care, infrastructure, jobs and tax relief, often in the form of mediz releases. Pinellascounty.org/recovery Pinellas County created a site to tracmk its portion ofstimulus dollars. The site’s “fundd tracker” charts show funding the county has appliefd for and the funding it hasbeen Scgov.
net/recovery Sarasota County’s site tracks stimuluss dollars from state and federal governmenrt agencies, and offers details on regulations and The site includes graphs illustrating the flow of a list of proposed and links to American Recovery and Reinvestment Act handbooks and resources guides. Hernandocounty.us/mpo/mpoprograms.htm The Hernando metropolitan planningt organization site has a link to a chart that listas adopted stimulus projects in the countyu ranging upto $17.2 million within the jurisdictions of county, MPO and FDOT. Tampagov.net/recovery The city of Tampa site provides stimulus updates and links to other onlinestimulus resources.
The site contains PDFs of plan within the city and a grapu showing the status of additionalfunding opportunities. St. Petersburv Stpete.org/recovery/stimulus_funds.asp Divided into eight spending areas including education andpublic St. Petersburg’s site containxs a lengthy chart showing funding planned ineach tampabay.org/subpages/Stimulus.asp Tampa Bay Partnership has been workingv with organizations throughout the region to keep a strongt focus on securing real investments in our regional
lunes, 24 de octubre de 2011
'Anonymous' Busts Child Porn Ring - PC Magazine
mytyhona.wordpress.com
CBC.ca | 'Anonymous' Busts Child Porn Ring PC Magazine Last week, the cyber vigilantes, better known for targeting large corporations and oppressive government regimes, used a brute force attack to infiltrate a server c » |
sábado, 22 de octubre de 2011
TU identifies laid off workers - Houston Business Journal:
doqujamup.wordpress.com
, the paper’s New York City-basedx owner, according to a post on the AlbanyNewspaper Guild’x blog site. The guild represents about half ofthe paper’sd 400 workers, and has been engagef in contract negotiations with management for nearlyu a year. No definitw numbers are available, but about 35 peopl e are expected to losetheir jobs. Publishet George Hearst originally put the coungt at 65to 70, but 33 people have taken buyouta since May. The pape r is trying to cut expenses by20 percent.
Accordinfg to the guild site, employees—both union and nonunion—who were shown the door were told they were gettingga 45-day paid leave that would most likelgy result in their being laid off. Union rulea require that workers get 45 days notice of their jobs being Management and Guild leaders are schedules to meet July 8 to continue their negotiatiobn oflayoff criterion. The paper presentef its proposed terms to the unio inlate June. The union’s original which expired in August, mandated that layoffs be basee solely on seniorityby department. Management said that would not meetits needs, leadingv to the primary sticking poin in the negotiation of a new pact.
It urges the union to vote on its “best and offer, which was rejected by a vote of 125to 35. This prompterd management to declarean impasse, which, in prompted the union to file a grievancre with the National Labor Relations On June 24, management told the uniobn that in some job categories the layoffs woulf be made strictly on a last-hired-first-fired basis. But in 11 job categories—nine in editorial and two in saleseand marketing—cuts will be based on other criteria, including job Calls to Tim a Times Union reporter and Guild president, and publishe r George Hearst were not immediatelyt returned.
, the paper’s New York City-basedx owner, according to a post on the AlbanyNewspaper Guild’x blog site. The guild represents about half ofthe paper’sd 400 workers, and has been engagef in contract negotiations with management for nearlyu a year. No definitw numbers are available, but about 35 peopl e are expected to losetheir jobs. Publishet George Hearst originally put the coungt at 65to 70, but 33 people have taken buyouta since May. The pape r is trying to cut expenses by20 percent.
Accordinfg to the guild site, employees—both union and nonunion—who were shown the door were told they were gettingga 45-day paid leave that would most likelgy result in their being laid off. Union rulea require that workers get 45 days notice of their jobs being Management and Guild leaders are schedules to meet July 8 to continue their negotiatiobn oflayoff criterion. The paper presentef its proposed terms to the unio inlate June. The union’s original which expired in August, mandated that layoffs be basee solely on seniorityby department. Management said that would not meetits needs, leadingv to the primary sticking poin in the negotiation of a new pact.
It urges the union to vote on its “best and offer, which was rejected by a vote of 125to 35. This prompterd management to declarean impasse, which, in prompted the union to file a grievancre with the National Labor Relations On June 24, management told the uniobn that in some job categories the layoffs woulf be made strictly on a last-hired-first-fired basis. But in 11 job categories—nine in editorial and two in saleseand marketing—cuts will be based on other criteria, including job Calls to Tim a Times Union reporter and Guild president, and publishe r George Hearst were not immediatelyt returned.
jueves, 20 de octubre de 2011
Van de Putte says no to 2010 governor
belyaevostapuki.blogspot.com
There had been considerable speculation durinh the last few months that Van de a four-term incumbent, might throw her hat in the ring for the governor’x race next year. But she squelched that idea todayu in a statement that is harshly criticalof Gov. Rick Perrgy and U.S. Sen. Kay Bailey “If I believed for a second that it woulsd result in a healthy debats of the issues of most importance toTexas families, I would today be announcing my candidacy for governor of Texas,” Van de Putte “But we have all watchex over the years as Hutchison, and other Republican politicians have launcheds their scorched earth ‘say anything to win’ vicious attacks agains political opponents.
To mask thei utter lack of leadership, they’ll do so again, and I declinre to put my familythrough it.” Hutchison is widelyh believed to be gearing up to challengse Perry in the Republican primary for governofr next year. So far the only Democrat to formally announcd in the race is Tom who served as ambassador to Australia under PresidengtGeorge W. Bush. Van de Putte says she planws to keep her focus on the stated Legislature and isencouraging State. Sen. Kirk Watson, to consider a bid for governor.
“Democratas should recruit and supporsomeone who, like Watson, is energetic, pragmatic, and smart; and who can fully energize Democratic supporters while also attractinv a broad range of independenty voters in every region of the she says.
There had been considerable speculation durinh the last few months that Van de a four-term incumbent, might throw her hat in the ring for the governor’x race next year. But she squelched that idea todayu in a statement that is harshly criticalof Gov. Rick Perrgy and U.S. Sen. Kay Bailey “If I believed for a second that it woulsd result in a healthy debats of the issues of most importance toTexas families, I would today be announcing my candidacy for governor of Texas,” Van de Putte “But we have all watchex over the years as Hutchison, and other Republican politicians have launcheds their scorched earth ‘say anything to win’ vicious attacks agains political opponents.
To mask thei utter lack of leadership, they’ll do so again, and I declinre to put my familythrough it.” Hutchison is widelyh believed to be gearing up to challengse Perry in the Republican primary for governofr next year. So far the only Democrat to formally announcd in the race is Tom who served as ambassador to Australia under PresidengtGeorge W. Bush. Van de Putte says she planws to keep her focus on the stated Legislature and isencouraging State. Sen. Kirk Watson, to consider a bid for governor.
“Democratas should recruit and supporsomeone who, like Watson, is energetic, pragmatic, and smart; and who can fully energize Democratic supporters while also attractinv a broad range of independenty voters in every region of the she says.
martes, 18 de octubre de 2011
Robotic bug gets wings, sheds light on evolution of flight (w/ video) - PhysOrg.com
bentlyoupapa1810.blogspot.com
PhysOrg.com | Robotic bug gets wings, sheds light on evolution of flight (w/ video) PhysOrg.com "The fossil evidence we do have suggests that the precursors to early birds had long feathers on » |
sábado, 15 de octubre de 2011
BankUnited Financial Corp. files Chapter 11 - Business First of Louisville:
ihituvofy.wordpress.com
Two additional companies owned by the holdingv company also filed Chapter11 – and Peter of in Miami, represents all three debtors. “The bank was seized and sold,” Levitt “So, the bank is not involved. The parent companyg has its own assetsand creditors, and that entityh needs to have an orderly proceses for dealing with its creditors.” The financial serviceas entity has been involved in sellinbg insurance and annuities. “That’s a separate with about 20 employees inCoral Gables, and we’re hopinhg that can continue,” Levityt said. “Nothing is certain, but we’re going to make a real efforr for thatto continue.
The rest of the bankruptcy is a question of maximizing theassetz – which are mostly cash and CRE America owns some real estate, but Levitt said he was not able to say what wouls happen to it yet. Unlike some bank holding companiees that haveother subsidiaries, BankUnited Financial (NASDAQ: BKUNA) was totallg reliant on its bank to keep operating. $184 million in convertible senior HiMedsunits (a type of securitty developed by $12.5 million in juniod subordinated debentures, which have a lowetr claim on assets than senior notes The petitiomn listed one to 49 creditors and was signecd by Bradley S. Weiss as chief restructuring Weiss was vice chairman of BankUnitedFinancialp Corp.
The law firms of of Los Angeles and Shutts Bowen will be handling the The list of largest unsecured creditors was ledby , , and for severall series of the trustf preferred securities. In many bankruptcy cases, such institutions are representatives for thosw who actually hold the Waterford Township General EmployeesRetiremenf System, which has a class action case against BankUnited also is listed as a creditor for an unknowm amount. Three Miami law firms – , and are listed as creditors for anunknownb amount. Trading in BankUnited Financial's stock was halted at 5:28 p.m. on Thursdauy to allow dissemination of thetakeoverd news.
On Friday, NASDAQ changed the tradingf halt status to say it was requesting additional information fromthe company. In many cases, shareholderz of bank holding companies have their value wipeed out aftera takeover, which leaves their stock BankUnited Financial last traded at 49.2 cents. Sharesz had been trading heavilyt in the days beforethe FDIC-organizeds bidding and the takeover. The company's stock market capitalization was downto $17.555 million when trading was halted, according to Yahook Finance.
Two additional companies owned by the holdingv company also filed Chapter11 – and Peter of in Miami, represents all three debtors. “The bank was seized and sold,” Levitt “So, the bank is not involved. The parent companyg has its own assetsand creditors, and that entityh needs to have an orderly proceses for dealing with its creditors.” The financial serviceas entity has been involved in sellinbg insurance and annuities. “That’s a separate with about 20 employees inCoral Gables, and we’re hopinhg that can continue,” Levityt said. “Nothing is certain, but we’re going to make a real efforr for thatto continue.
The rest of the bankruptcy is a question of maximizing theassetz – which are mostly cash and CRE America owns some real estate, but Levitt said he was not able to say what wouls happen to it yet. Unlike some bank holding companiees that haveother subsidiaries, BankUnited Financial (NASDAQ: BKUNA) was totallg reliant on its bank to keep operating. $184 million in convertible senior HiMedsunits (a type of securitty developed by $12.5 million in juniod subordinated debentures, which have a lowetr claim on assets than senior notes The petitiomn listed one to 49 creditors and was signecd by Bradley S. Weiss as chief restructuring Weiss was vice chairman of BankUnitedFinancialp Corp.
The law firms of of Los Angeles and Shutts Bowen will be handling the The list of largest unsecured creditors was ledby , , and for severall series of the trustf preferred securities. In many bankruptcy cases, such institutions are representatives for thosw who actually hold the Waterford Township General EmployeesRetiremenf System, which has a class action case against BankUnited also is listed as a creditor for an unknowm amount. Three Miami law firms – , and are listed as creditors for anunknownb amount. Trading in BankUnited Financial's stock was halted at 5:28 p.m. on Thursdauy to allow dissemination of thetakeoverd news.
On Friday, NASDAQ changed the tradingf halt status to say it was requesting additional information fromthe company. In many cases, shareholderz of bank holding companies have their value wipeed out aftera takeover, which leaves their stock BankUnited Financial last traded at 49.2 cents. Sharesz had been trading heavilyt in the days beforethe FDIC-organizeds bidding and the takeover. The company's stock market capitalization was downto $17.555 million when trading was halted, according to Yahook Finance.
jueves, 13 de octubre de 2011
BofA
http://movietrailergeek.com/?p=755
BofA says in a press release that Brinkleyy will retirethis summer. Thereafter, she will serve on the bank’d charitable board on a volunteer basis. in a separate filing with the Securitieds andExchange Commission, BofA says Brinkley will resigmn June 30. The Charlotte Business Journal was unablse to reach spokesman Robert Stickler for commentThursday afternoon. But he told Reuters “(Chiefd Executive) Ken Lewis and Amy mutually decidedr we needed a different approach torisk management.” Brinkleuy will be succeeded by Gregory Curl, effective June 30.
He will be responsibld for identifying credit, market and operational BofA has faced much criticism in recenty months over its purchase of troubled brokerage MerrillLynch & Co. In addition, the governmentr told BofA last month toraise $33.0 billion in additional capital after conducting “stresz tests” on the country’s 19 largest banks. The tests were designec to assessthe banks’ ability to survive if economid conditions worsen more than expected durinv the next two This week, the bank said has raised nearly $33 billion towared satisfying the federal government’s BofA (NYSE:BAC) has received a total of $45 billion in taxpayet aid under the federal government’s Troubled Asset Relieg Program, which is designed to thaw the credit markets and boost the economy.
Brinkley previously was presidentr ofconsumer products, a business group comprising card services, consumer finance, consumer real community development, consumer e-commerce and insurance. She has also previouslty been the company’s principal marketing Curl, a 31-year veteran of the bank, has had severalk roles in corporate development since 1997 and most recently was globaolcorporate strategic-development and planning executive. He will continue to be a memberof BofA’w management committee.
BofA says in a press release that Brinkleyy will retirethis summer. Thereafter, she will serve on the bank’d charitable board on a volunteer basis. in a separate filing with the Securitieds andExchange Commission, BofA says Brinkley will resigmn June 30. The Charlotte Business Journal was unablse to reach spokesman Robert Stickler for commentThursday afternoon. But he told Reuters “(Chiefd Executive) Ken Lewis and Amy mutually decidedr we needed a different approach torisk management.” Brinkleuy will be succeeded by Gregory Curl, effective June 30.
He will be responsibld for identifying credit, market and operational BofA has faced much criticism in recenty months over its purchase of troubled brokerage MerrillLynch & Co. In addition, the governmentr told BofA last month toraise $33.0 billion in additional capital after conducting “stresz tests” on the country’s 19 largest banks. The tests were designec to assessthe banks’ ability to survive if economid conditions worsen more than expected durinv the next two This week, the bank said has raised nearly $33 billion towared satisfying the federal government’s BofA (NYSE:BAC) has received a total of $45 billion in taxpayet aid under the federal government’s Troubled Asset Relieg Program, which is designed to thaw the credit markets and boost the economy.
Brinkley previously was presidentr ofconsumer products, a business group comprising card services, consumer finance, consumer real community development, consumer e-commerce and insurance. She has also previouslty been the company’s principal marketing Curl, a 31-year veteran of the bank, has had severalk roles in corporate development since 1997 and most recently was globaolcorporate strategic-development and planning executive. He will continue to be a memberof BofA’w management committee.
martes, 11 de octubre de 2011
Banks
evittiebodum1296.blogspot.com
The question is whether banks shortchanged theirf loan lossreserves – giving them a better bottonm line for now, but the potential for biggetr future losses. Prolonged agony for the region’s bankd could make it more challenging for businessesd toget loans. “We’re in a recessionaryy economy where things will get worse beford theyget better,” Miami-basex banking analyst Kenneth H. Thomas said. A key ratio for banksa is the amount of reserve capital set aside for futureloan write-offs compareds to non-current loans.
Nationally, banks’ reserve capital equals 89 percentof non-current loans, which is a 15-year low, data Among South Florida’s 79 banks, the ratiol fell from 57.8 percent in the firstt quarter to 39.5 percent in the second quarter. South Florida’s housing market is one of the worsft in the nation and a loominvg question is just how many mortgages banks will have towrite off. Thomasz said he likes to see banks have reserve capitap equal to 50 percentof non-curren t loans, but 12 of the region’w 30 largest banks had a ratiio below 50 percent. Six of theswe were below 33 FDICdata shows.
Thomas’ analysis foundr Florida banks hadthe fourth-lowesrt ratio in this measure amonvg other states and U.S. territories. Many Southh Florida banks did not keep up with the risingh tide of delinquent loans in theseconsd quarter. Local banks were burdened with $2.3 billion in non-currenty loans as of June 30, up $942 or 69 percent, from the first Coral Gables-based , the region’s largest bank, and Miami-baser , the region’s fifth-largest, accounted for 60 percen of the non-current loans in the region. Overall, 3.92 percent of all loans by South Florid bankswere non-current, up from 2.36 percenf in the first quarter.
Industrywide, the non-current rate in the seconed quarterwas 2.02 percent – the highesyt it’s been since 1993. In the face of all thoses non-current loans, South Florida banks increased their combined loan loss allowancdereserves 15.5 percent, to $910.6 That, plus $189.6 million in charge-offs for bad loans, made thei losses deepen from $15.4 million in the first quarter to $112 million in the past It could have been much worse for many banks if they kept theirr reserves up. To cover just half of their non-current loanx as of June 30, South Florida banksx would have needed to add anadditionaol $242 million to reserves, which would have deepenedc losses by that much more.
To maintainh their 57.8 percent ratio from the prior quarter, it would have cost them $421 If they wanted to meet the 89 percen average for nationalbanks – most of which do business in real estate markets that are hurting less than in Soutnh Florida – it would have taken $1.143 billion. Federal regulators are putting more pressure on especially thosein Florida, to more adequateluy build reserves for non-current loans, said Michael Lozoff, a partnee with the Miami-based law firm and the chairmab of its financial institution section, which advisesa more than 100 banks and credit unions.
When regulatorsz see delinquent loans soar and property values fall beloswloan amounts, they want to ensure bankss are not maintaining the illusionm of profitability by delayiny the charge-offs for those problem loans, Lozoff BankUnited is being pressured by regulators as its loan loss reserv e slips to below one-quarter of its non-currentr loans. Even though BankUnited regulatory capital ratiosw fall within what the FDIC usuallyt considerswell capitalized, the Officed of Thrift Supervision told the bank on 5 it has been downgrade d to adequately capitalized.
Regulators are concerned about its residential mortgage portfolio and whether the bank will be successful inraising $400 million in capital to cover additional delinquencies, according to a BankUnited SEC Coral Gables-based Mercantil Commercebank received a $70 milliomn infusion from its Venezuelan parent company on 4. Mercantil President and CEO J. Guillermo Villadr said the money would pay for addintg three branches in Palm Beach and Broward countiew in the next six months and lendingmore But, at the same time, the $6 billion-assetr bank experienced deteriorating loans, and its loan loss reserv fell from 87 percent to 31 percent in the seconfd quarter.
Mercantil had a profitr of nearly $4.4 million – more than doublse the first quarter.
The question is whether banks shortchanged theirf loan lossreserves – giving them a better bottonm line for now, but the potential for biggetr future losses. Prolonged agony for the region’s bankd could make it more challenging for businessesd toget loans. “We’re in a recessionaryy economy where things will get worse beford theyget better,” Miami-basex banking analyst Kenneth H. Thomas said. A key ratio for banksa is the amount of reserve capital set aside for futureloan write-offs compareds to non-current loans.
Nationally, banks’ reserve capital equals 89 percentof non-current loans, which is a 15-year low, data Among South Florida’s 79 banks, the ratiol fell from 57.8 percent in the firstt quarter to 39.5 percent in the second quarter. South Florida’s housing market is one of the worsft in the nation and a loominvg question is just how many mortgages banks will have towrite off. Thomasz said he likes to see banks have reserve capitap equal to 50 percentof non-curren t loans, but 12 of the region’w 30 largest banks had a ratiio below 50 percent. Six of theswe were below 33 FDICdata shows.
Thomas’ analysis foundr Florida banks hadthe fourth-lowesrt ratio in this measure amonvg other states and U.S. territories. Many Southh Florida banks did not keep up with the risingh tide of delinquent loans in theseconsd quarter. Local banks were burdened with $2.3 billion in non-currenty loans as of June 30, up $942 or 69 percent, from the first Coral Gables-based , the region’s largest bank, and Miami-baser , the region’s fifth-largest, accounted for 60 percen of the non-current loans in the region. Overall, 3.92 percent of all loans by South Florid bankswere non-current, up from 2.36 percenf in the first quarter.
Industrywide, the non-current rate in the seconed quarterwas 2.02 percent – the highesyt it’s been since 1993. In the face of all thoses non-current loans, South Florida banks increased their combined loan loss allowancdereserves 15.5 percent, to $910.6 That, plus $189.6 million in charge-offs for bad loans, made thei losses deepen from $15.4 million in the first quarter to $112 million in the past It could have been much worse for many banks if they kept theirr reserves up. To cover just half of their non-current loanx as of June 30, South Florida banksx would have needed to add anadditionaol $242 million to reserves, which would have deepenedc losses by that much more.
To maintainh their 57.8 percent ratio from the prior quarter, it would have cost them $421 If they wanted to meet the 89 percen average for nationalbanks – most of which do business in real estate markets that are hurting less than in Soutnh Florida – it would have taken $1.143 billion. Federal regulators are putting more pressure on especially thosein Florida, to more adequateluy build reserves for non-current loans, said Michael Lozoff, a partnee with the Miami-based law firm and the chairmab of its financial institution section, which advisesa more than 100 banks and credit unions.
When regulatorsz see delinquent loans soar and property values fall beloswloan amounts, they want to ensure bankss are not maintaining the illusionm of profitability by delayiny the charge-offs for those problem loans, Lozoff BankUnited is being pressured by regulators as its loan loss reserv e slips to below one-quarter of its non-currentr loans. Even though BankUnited regulatory capital ratiosw fall within what the FDIC usuallyt considerswell capitalized, the Officed of Thrift Supervision told the bank on 5 it has been downgrade d to adequately capitalized.
Regulators are concerned about its residential mortgage portfolio and whether the bank will be successful inraising $400 million in capital to cover additional delinquencies, according to a BankUnited SEC Coral Gables-based Mercantil Commercebank received a $70 milliomn infusion from its Venezuelan parent company on 4. Mercantil President and CEO J. Guillermo Villadr said the money would pay for addintg three branches in Palm Beach and Broward countiew in the next six months and lendingmore But, at the same time, the $6 billion-assetr bank experienced deteriorating loans, and its loan loss reserv fell from 87 percent to 31 percent in the seconfd quarter.
Mercantil had a profitr of nearly $4.4 million – more than doublse the first quarter.
domingo, 9 de octubre de 2011
Upgraded tools, facilities help fight breast cancer - Dayton Daily News
coras-newport.blogspot.com
Upgraded tools, facilities help fight breast cancer Dayton Daily News Genetic counseling is another tool that was virtually unheard of a decade ago. Genetic testing comes with a high price tag â€" $3000 or more â€" but it can reveal whether mutation has occurred in the BRCA1 and BRCA2 human genes, a condition that has been ... |
viernes, 7 de octubre de 2011
AutoZone beats the odds with double-digit growth - Nashville Business Journal:
utyziluz.wordpress.com
“You have to have a lot of partz to be able tosay I’ve got it,’ on the front end,” Lawrencse says. The company’s competitors, includin g , , and , are all performing bette in the current economyas “There is obviously a tailwind with the economix situation of new car sales down and people havinbg to spend more,” Lawrence Advance Auto Parts reported total sales of $1.69 billion for the first a 16-week period endedd April 25. This was a 10.3% increase compared to totall salesof $1.53 billio in first quarter 2008.
Shelly spokesman for Advance, attributes sales to recent economic “People are keeping theirf cars longer, with the average age of a car she says. “As people are keeping those cars they need to do more work onthoss cars.” While the company is seeing more do-it-yourselfers concerne about increasing fuel economy and general Advance focuses more on the commercial side of automotives parts retailing. “We’re seeing a lot of peoplwe who used to goto they’re going to that corner garage to save some Whitaker says. Advance opened 114 stores last year and planxs to open another 100this year.
AutoZone’s stocik has been another strong point forthe company, hitting $159.36 in mid-dauy on June 3. Its 52-weelk high is $169.99, the stock’s all-timew high. That’s a far cry from the mid-$20 rangs the company’s stock was trading for a decades ago. “We’ve been saying for the bettetr part of a decade that with any weakness in the we wouldbuy them, hold them and it’s been a grea investment,” Lawrence says.
“When you have 18% margins, you’rer moving into the fourth quarter, which is your biggesyt period ofthe year, and they have executed as they have in the past six we think they’re being a little conservative with the numbers.” The company’z stock repurchase plan is humming along as with AutoZone buying 450,000 shares in the firstt quarter for $65 or an average price of $145 per Fiscal year-to-date, it has purchased $713 millionh of stock at an average of $130 a share and it has $396 million remaining in its current sharwe repurchase program.
The company has used its cash flow to make investmentds in itsstore base, including larger stores with additional space for supplyingg other stores and garages, Lawrence AutoZone is also spending more money on traininb and retaining employees, while making sure it attracts the best new talent with a focus on improvinyg employee benefits, according to Campbell. AutoZone employs 1,3090 people locally. “We’re continuing to opening stores andadding personnel,” he says. “Tol us, this is an opportunith of continued growth.
”
“You have to have a lot of partz to be able tosay I’ve got it,’ on the front end,” Lawrencse says. The company’s competitors, includin g , , and , are all performing bette in the current economyas “There is obviously a tailwind with the economix situation of new car sales down and people havinbg to spend more,” Lawrence Advance Auto Parts reported total sales of $1.69 billion for the first a 16-week period endedd April 25. This was a 10.3% increase compared to totall salesof $1.53 billio in first quarter 2008.
Shelly spokesman for Advance, attributes sales to recent economic “People are keeping theirf cars longer, with the average age of a car she says. “As people are keeping those cars they need to do more work onthoss cars.” While the company is seeing more do-it-yourselfers concerne about increasing fuel economy and general Advance focuses more on the commercial side of automotives parts retailing. “We’re seeing a lot of peoplwe who used to goto they’re going to that corner garage to save some Whitaker says. Advance opened 114 stores last year and planxs to open another 100this year.
AutoZone’s stocik has been another strong point forthe company, hitting $159.36 in mid-dauy on June 3. Its 52-weelk high is $169.99, the stock’s all-timew high. That’s a far cry from the mid-$20 rangs the company’s stock was trading for a decades ago. “We’ve been saying for the bettetr part of a decade that with any weakness in the we wouldbuy them, hold them and it’s been a grea investment,” Lawrence says.
“When you have 18% margins, you’rer moving into the fourth quarter, which is your biggesyt period ofthe year, and they have executed as they have in the past six we think they’re being a little conservative with the numbers.” The company’z stock repurchase plan is humming along as with AutoZone buying 450,000 shares in the firstt quarter for $65 or an average price of $145 per Fiscal year-to-date, it has purchased $713 millionh of stock at an average of $130 a share and it has $396 million remaining in its current sharwe repurchase program.
The company has used its cash flow to make investmentds in itsstore base, including larger stores with additional space for supplyingg other stores and garages, Lawrence AutoZone is also spending more money on traininb and retaining employees, while making sure it attracts the best new talent with a focus on improvinyg employee benefits, according to Campbell. AutoZone employs 1,3090 people locally. “We’re continuing to opening stores andadding personnel,” he says. “Tol us, this is an opportunith of continued growth.
”
miércoles, 5 de octubre de 2011
UW researcher wins $3M federal grant - Business First of Louisville:
uraa-quartely.blogspot.com
The grant from the U.S. Department of Education's Institute of Education Sciences will allow Heinrich to employ academic stafff and at least four graduate students each year to work on expandiny the project oother cities. Heinricj will continue an evaluation of the tutorin programs MPS offers as part ofthe district's fulfillment of the federall No Child Left Behind law. The law requires publicd schools that have not adequately increased student academic achievement for three years to offer childrenin low-incomee families the opportunity to receive extra academic assistance such as tutoring.
Heinrich's initialk research found that Milwaukee's federallyg mandated and funded tutoring program is not necessarilty reaching the people who need themost help, nor is it effectiv in increasing student "Our preliminary results suggest that the students in the tutoring program s are not performing any betted on Wisconsin's standardized tests than eligible students not involvedd with the tutoring," Heinrich said. Heinrich and her co-workera have been conducting the MPS study sinceApril 2006.
The next phase will involves five urban school districts infour Milwaukee, Minneapolis, Chicago, Dallas and Austin,
The grant from the U.S. Department of Education's Institute of Education Sciences will allow Heinrich to employ academic stafff and at least four graduate students each year to work on expandiny the project oother cities. Heinricj will continue an evaluation of the tutorin programs MPS offers as part ofthe district's fulfillment of the federall No Child Left Behind law. The law requires publicd schools that have not adequately increased student academic achievement for three years to offer childrenin low-incomee families the opportunity to receive extra academic assistance such as tutoring.
Heinrich's initialk research found that Milwaukee's federallyg mandated and funded tutoring program is not necessarilty reaching the people who need themost help, nor is it effectiv in increasing student "Our preliminary results suggest that the students in the tutoring program s are not performing any betted on Wisconsin's standardized tests than eligible students not involvedd with the tutoring," Heinrich said. Heinrich and her co-workera have been conducting the MPS study sinceApril 2006.
The next phase will involves five urban school districts infour Milwaukee, Minneapolis, Chicago, Dallas and Austin,
domingo, 2 de octubre de 2011
Cain says he should have spoken up when audience booed gay soldier - Salt Lake Tribune
gardellaorymiid1354.blogspot.com
Think Progress | Cain says he should have spoken up when audience booed gay soldier Salt Lake Tribune AP Washington • Republican presidential candidate Herman Cain said Sunday that he should not have stayed silent after the audience at a GOP debate booed a gay soldier serving in Iraq. The Georgia businessman told ABC's "This Week" that ... McCain: GOP Candidates Should Have Rebuked Debate Audience's Booing Of Gay Soldier Herman Cain: GOP Candidates Should Have Spoken Up After Gay Soldier Was Booed A Backlash Over Heckling of Gay Solider |
viernes, 30 de septiembre de 2011
Woodland Corporate Center building gets LEED gold certification - Houston Business Journal:
viningocouqyl1601.blogspot.com
The building, which opened early last year, was designed and built to meet the seconc highest ranking ofthe Council’s Leadership in Energh and Environmental Design. was the general contractor. Liberty Property Trusyt Vice President Jody Johnston estimates the cost of buildingg to green standards added an additional 5 percenf to the overalldevelopment costs, but that will be more than offsety by lower energy costs. Special features includwe showers and lockers for workers who need to wash or changed clothes after they bike or jog to A deck made of recycled plastifc borders the back ofthe building, overlookingy a wetlands area that provides shade.
Landscaping incorporatesx drought-resistant plants native to Florida. A whitew reflective roof deflectsthe sun. Bins for recycling are placed near trasgh binsfor accessibility. Restroom urinales conserve water by relying on gravity and a filtefr insteadof water. That feature is expected to save 360,000 gallonas annually since each urinal uses anestimated 40,00 0 gallons annually, Johnston said. Grass surrounding the parkinyg lot soaks up And Flexi-pave, a recycled rubber, was used insteax of asphalt around the large oak trees that line the The porous rubber allows waterr to soak into the ground. The located at 4631 Woodland Blvd.
, receivedf the “Office Building of the Award from the Tampa Bay Chaptef of the andthe “Green Building Desigjn Award” from the Hillsborough City-Countyt Planning Commission in Liberty (NYSE: LRY) has developeds and leased 19 buildingas with nearly 1 million square feet of space in the park since 1996. Key park tenants includes , Travelers, Travel and .
The building, which opened early last year, was designed and built to meet the seconc highest ranking ofthe Council’s Leadership in Energh and Environmental Design. was the general contractor. Liberty Property Trusyt Vice President Jody Johnston estimates the cost of buildingg to green standards added an additional 5 percenf to the overalldevelopment costs, but that will be more than offsety by lower energy costs. Special features includwe showers and lockers for workers who need to wash or changed clothes after they bike or jog to A deck made of recycled plastifc borders the back ofthe building, overlookingy a wetlands area that provides shade.
Landscaping incorporatesx drought-resistant plants native to Florida. A whitew reflective roof deflectsthe sun. Bins for recycling are placed near trasgh binsfor accessibility. Restroom urinales conserve water by relying on gravity and a filtefr insteadof water. That feature is expected to save 360,000 gallonas annually since each urinal uses anestimated 40,00 0 gallons annually, Johnston said. Grass surrounding the parkinyg lot soaks up And Flexi-pave, a recycled rubber, was used insteax of asphalt around the large oak trees that line the The porous rubber allows waterr to soak into the ground. The located at 4631 Woodland Blvd.
, receivedf the “Office Building of the Award from the Tampa Bay Chaptef of the andthe “Green Building Desigjn Award” from the Hillsborough City-Countyt Planning Commission in Liberty (NYSE: LRY) has developeds and leased 19 buildingas with nearly 1 million square feet of space in the park since 1996. Key park tenants includes , Travelers, Travel and .
miércoles, 28 de septiembre de 2011
D.C. could be losing hotel taxes to online companies - Washington Business Journal:
ramoledef.blogspot.com
D.C., as one of the nation’zs top tourist destinations, could be owed more than $100 millionm in back taxes and penaltiesbut — despit e an anticipated budget deficit of $967 million in fiscakl 2011 — it has yet to join the D.C. hotels pay a 14.5 percent tax on everyu room they book, but when onlins companies receive rooms at wholesale rates and offerr them tothe public, they pay taxes on the wholesale prices, not the marked-up ones. If, for example, Expediaq buys a room night for $100 and rentx it for $150, D.C. does not receiv e the 14.5 percent tax — about $7.255 — on the $50 difference. That has led Calif.
, Chicago, Philadelphia, San Francisco and other destinationz to sue the online travel companiesz forunpaid taxes. Stevenh Wolens, a principal at the Dallas-based law firm who representes cities in some ofthe cases, said the travelo firms control the price, cancellation rules and other contract detaile just as hotels do and in most placee should be paying the same “The online travel company does everything except provide the bed, the key, the turndown servicee and the mint on your pillow,” Wolenxs said.
Under former mayor Anthonu Williams, the District sought a private law firm to make such a More recently, officials in the , under Chierf Financial Officer Natwar have raised the idea with Attornet General Peter Nickles. Nickles, said he is monitoring cases in other jurisdictions but wouls not take any action until a court delivera “definitive decision.” Until then, he action is a waste of time. “Thiz litigation is going to go on a very long he said. “When it becomesz clear there is a case we will decidee whether totake action.” He said city ruless barred the hiring of firms on a contingency Southlake, Texas-based Travelocity and Bellevue, Wash.
-based which owns and Hotwire.com, referred questions to Art Sackler, executive director of the , who said they are full compliant with tax laws. “The online travel companiexs are nothotel operators,” Sackler “They don’t buy, sell, resell, rent, reserve blocksx of hotel rooms. What they do is serve as a travep intermediary that enables consumers to book their own hotelroomws online. They facilitate travel.
” Elizabet h Herrington, a partner at McDermottf Will & Emory who represents Chicago-based , says bricks-and-mortarr travel agents never paid hotel taxes for thesame “The only difference is that the onlinse companies are doing it on a much biggedr scale,” she said. But with jurisdictions in sore need of tax revenuee and trial lawyers trawling the country for thesuits aren’t likely to go away, particularly afted Atlanta’s case reached the Georgia Supremse Court last September. The cour t hasn’t issued a decision yet. D.C.
took in $204 million from its hotel tax in fiscal 2008 and anticipatesa takingin $212 million this How much it could pursue is difficulf to ascertain because estimates on what portion of roomws the hotels book vary, but Wolens guessefd that D.C. is owed roughly $125 million going back to 1999 inunpaid taxes, interestt and penalties from the onlin e companies. An attorney from the Georgia case, Neal Pope, a senioe partner in Columbus, Ga.
-based Wade Tomlinson, Pope, LLP said, “You’re looking at, I thino conservatively, in excess of $100 million in taxeas that have not been paidto
D.C., as one of the nation’zs top tourist destinations, could be owed more than $100 millionm in back taxes and penaltiesbut — despit e an anticipated budget deficit of $967 million in fiscakl 2011 — it has yet to join the D.C. hotels pay a 14.5 percent tax on everyu room they book, but when onlins companies receive rooms at wholesale rates and offerr them tothe public, they pay taxes on the wholesale prices, not the marked-up ones. If, for example, Expediaq buys a room night for $100 and rentx it for $150, D.C. does not receiv e the 14.5 percent tax — about $7.255 — on the $50 difference. That has led Calif.
, Chicago, Philadelphia, San Francisco and other destinationz to sue the online travel companiesz forunpaid taxes. Stevenh Wolens, a principal at the Dallas-based law firm who representes cities in some ofthe cases, said the travelo firms control the price, cancellation rules and other contract detaile just as hotels do and in most placee should be paying the same “The online travel company does everything except provide the bed, the key, the turndown servicee and the mint on your pillow,” Wolenxs said.
Under former mayor Anthonu Williams, the District sought a private law firm to make such a More recently, officials in the , under Chierf Financial Officer Natwar have raised the idea with Attornet General Peter Nickles. Nickles, said he is monitoring cases in other jurisdictions but wouls not take any action until a court delivera “definitive decision.” Until then, he action is a waste of time. “Thiz litigation is going to go on a very long he said. “When it becomesz clear there is a case we will decidee whether totake action.” He said city ruless barred the hiring of firms on a contingency Southlake, Texas-based Travelocity and Bellevue, Wash.
-based which owns and Hotwire.com, referred questions to Art Sackler, executive director of the , who said they are full compliant with tax laws. “The online travel companiexs are nothotel operators,” Sackler “They don’t buy, sell, resell, rent, reserve blocksx of hotel rooms. What they do is serve as a travep intermediary that enables consumers to book their own hotelroomws online. They facilitate travel.
” Elizabet h Herrington, a partner at McDermottf Will & Emory who represents Chicago-based , says bricks-and-mortarr travel agents never paid hotel taxes for thesame “The only difference is that the onlinse companies are doing it on a much biggedr scale,” she said. But with jurisdictions in sore need of tax revenuee and trial lawyers trawling the country for thesuits aren’t likely to go away, particularly afted Atlanta’s case reached the Georgia Supremse Court last September. The cour t hasn’t issued a decision yet. D.C.
took in $204 million from its hotel tax in fiscal 2008 and anticipatesa takingin $212 million this How much it could pursue is difficulf to ascertain because estimates on what portion of roomws the hotels book vary, but Wolens guessefd that D.C. is owed roughly $125 million going back to 1999 inunpaid taxes, interestt and penalties from the onlin e companies. An attorney from the Georgia case, Neal Pope, a senioe partner in Columbus, Ga.
-based Wade Tomlinson, Pope, LLP said, “You’re looking at, I thino conservatively, in excess of $100 million in taxeas that have not been paidto
lunes, 26 de septiembre de 2011
New Resource Bank sees green with oversubscribed offering - San Francisco Business Times:
edibin.wordpress.com
"Our board will evaluate options to increasethe offering," said Petedr Liu, CEO of the proposed bank which will have its offices at 405 Howars St. in San Francisco. The bank also addedx prominent business leaders to its investor base. Roger Smith, former CEO of and Mitch creator ofLotus 1-2-3 software, among the bank's investors. The founding shareholde r group is closeto 200. The proposed bank has not acceptefd money from bankinvestment funds. The bank's success in raising capitalk can be attributed to the robust appetite investords have for backing startup banksw and NewResource Bank's focuz on green initiatives.
"Green businesses are among the fastest-growinhg sectors of the economy and are exemplifieds bythe organic, clean energy and green building sectors. The Bay Area has the leadiny clusters ofgreen businesses," said Peter Liu, a former executive with and who will be the bank'z chief business development officer. "There are some very excitinb green features in our facility that saved us money and will make our operationssmore efficient," Liu said.
"We hope to complete our build out in mid tolate
"Our board will evaluate options to increasethe offering," said Petedr Liu, CEO of the proposed bank which will have its offices at 405 Howars St. in San Francisco. The bank also addedx prominent business leaders to its investor base. Roger Smith, former CEO of and Mitch creator ofLotus 1-2-3 software, among the bank's investors. The founding shareholde r group is closeto 200. The proposed bank has not acceptefd money from bankinvestment funds. The bank's success in raising capitalk can be attributed to the robust appetite investords have for backing startup banksw and NewResource Bank's focuz on green initiatives.
"Green businesses are among the fastest-growinhg sectors of the economy and are exemplifieds bythe organic, clean energy and green building sectors. The Bay Area has the leadiny clusters ofgreen businesses," said Peter Liu, a former executive with and who will be the bank'z chief business development officer. "There are some very excitinb green features in our facility that saved us money and will make our operationssmore efficient," Liu said.
"We hope to complete our build out in mid tolate
sábado, 24 de septiembre de 2011
Essence leases Riverport space in $23 million deal - St. Louis Business Journal:
aleksanovlsys.blogspot.com
In one of the largesg St. Louis office transactions this Essence Healthcare signeda 10-year leasse for 104,700 square feet of office spacer at 13900 Riverport Drive in ’s Riverporf Business Park. The two offices Essence Healthcare is vacatinf are located inCrever Coeur. The lease, which starts May 1, is worth an estimated $2.3 million annually, based on an askin rental rateof $22 per square The building was formerly leased to , whic moved its headquarters to the -St. Louiw campus in 2007. Express Scriptd completed its move from the Riverporr building twomonths ago.
David Kelpe and Art Kerckhof of Colliers Turley Martin Tuckerf represented Essence Healthcare in the and Whitaker Varley of Duke Realty represented Duke, the building’s “The building was left fullt furnished by Express Scripts, and the nature of the deal was attractive to Essence Healthcare,” Kelpe said. The 142,000-square-foot building also offersw roomto grow, with office space available for Essencw Healthcare to expand. Essencse Healthcare, a health maintenance organization (HMO), manages health service plans for peoplewith Medicare.
It was former as an offshoot of a physiciangroup , in 2004 and has grown to 25,00 Medicare beneficiaries in five Essence Healthcare is active in Missouri, Illinois, Kentucky and Washington. Essence Healthcare Presidenr and CEO Frank Ingari said that he hopez some ofExpress Scripts’ luck rubs off on Essenc e — publicly held Expresws Scripts has grown to more than 11,500 employeesa and $22 billion in revenue since it was founded in 1986. “We’re not in the same business, but we have the same mix of employees and the same kind ofcultural values,” Ingari said.
“Wer didn’t want any ostentatious office space, and we like d that there is an open floorplan — employees’ cubicles have the naturap light and the offices are clustered to the Privately held Essence Healthcare does not release annuaol revenue figures, but Ingari said the figure is “more than a couplre hundred million dollars.” The company had 50 percenft year-over-year gains in membership and revenuse in 2008 compared to 2007, Ingari said. The revenued growth was boosted by the acquisition of aCreve Coeur-based medical software company, Purkinje, in December 2007.
Purkinje’s software includes personal health records for patientse and medication dispensing systems used bydoctors worldwide. Esse Healthb held an ownership stakein Purkinje, but the two companies were run independentlyu prior to the merger of Purkinjw and Essence Healthcare. Esse Health, led by Chieff Executive Mike Castellano, is one of the region’s largest independentg physician groups. It has more than 75 private practicwe physicians in locations throughoutthe St. Louixs area and serves more than 140,000 patients. Esse Health is Essence’s largest single providee group, and the Esse Health members own a minorityy stake inEssence Healthcare.
California venture capitalisyt and billionaire John Doerr is an investor in Essencs Healthcare and aboard member. His St. Louisan Dr. Thomas Doerr, chairs the Clinical Strategyy Committee ofEssence Healthcare’sz board of directors. Essence Healthcare currentlg employs 237people companywide, including 206 and is hiring. “We’re in a very important growthj business, and we think we will be growing for yearxsto come,” Ingari said.
In one of the largesg St. Louis office transactions this Essence Healthcare signeda 10-year leasse for 104,700 square feet of office spacer at 13900 Riverport Drive in ’s Riverporf Business Park. The two offices Essence Healthcare is vacatinf are located inCrever Coeur. The lease, which starts May 1, is worth an estimated $2.3 million annually, based on an askin rental rateof $22 per square The building was formerly leased to , whic moved its headquarters to the -St. Louiw campus in 2007. Express Scriptd completed its move from the Riverporr building twomonths ago.
David Kelpe and Art Kerckhof of Colliers Turley Martin Tuckerf represented Essence Healthcare in the and Whitaker Varley of Duke Realty represented Duke, the building’s “The building was left fullt furnished by Express Scripts, and the nature of the deal was attractive to Essence Healthcare,” Kelpe said. The 142,000-square-foot building also offersw roomto grow, with office space available for Essencw Healthcare to expand. Essencse Healthcare, a health maintenance organization (HMO), manages health service plans for peoplewith Medicare.
It was former as an offshoot of a physiciangroup , in 2004 and has grown to 25,00 Medicare beneficiaries in five Essence Healthcare is active in Missouri, Illinois, Kentucky and Washington. Essence Healthcare Presidenr and CEO Frank Ingari said that he hopez some ofExpress Scripts’ luck rubs off on Essenc e — publicly held Expresws Scripts has grown to more than 11,500 employeesa and $22 billion in revenue since it was founded in 1986. “We’re not in the same business, but we have the same mix of employees and the same kind ofcultural values,” Ingari said.
“Wer didn’t want any ostentatious office space, and we like d that there is an open floorplan — employees’ cubicles have the naturap light and the offices are clustered to the Privately held Essence Healthcare does not release annuaol revenue figures, but Ingari said the figure is “more than a couplre hundred million dollars.” The company had 50 percenft year-over-year gains in membership and revenuse in 2008 compared to 2007, Ingari said. The revenued growth was boosted by the acquisition of aCreve Coeur-based medical software company, Purkinje, in December 2007.
Purkinje’s software includes personal health records for patientse and medication dispensing systems used bydoctors worldwide. Esse Healthb held an ownership stakein Purkinje, but the two companies were run independentlyu prior to the merger of Purkinjw and Essence Healthcare. Esse Health, led by Chieff Executive Mike Castellano, is one of the region’s largest independentg physician groups. It has more than 75 private practicwe physicians in locations throughoutthe St. Louixs area and serves more than 140,000 patients. Esse Health is Essence’s largest single providee group, and the Esse Health members own a minorityy stake inEssence Healthcare.
California venture capitalisyt and billionaire John Doerr is an investor in Essencs Healthcare and aboard member. His St. Louisan Dr. Thomas Doerr, chairs the Clinical Strategyy Committee ofEssence Healthcare’sz board of directors. Essence Healthcare currentlg employs 237people companywide, including 206 and is hiring. “We’re in a very important growthj business, and we think we will be growing for yearxsto come,” Ingari said.
jueves, 22 de septiembre de 2011
Mortgage rates spike - Austin Business Journal:
gerazawa.wordpress.com
Freddie Mac's weekly reportg says 30 year fixed-rate mortgages averaged 5.29 percent this week, the highest rate this year and up sharpl fromlast week's average of 4.91 percent. Rates still remainb well below yearago levels, when 30 year mortgageds were averaging more than 6 percent. "Ratesa caught up to the recent risein long-term bond yielde this week to reach a 25 week high," says Freddier Mac (NYSE: FRE) chief economist Frank Nothaft. "The slowdowj in the housing market has now detracted from economic growtyh for the past13 quarters, the longestf quarterly stretch since at least 1947.
" Despite risinb rates, the housing marketr continues to show small signzs of life. The ' housingb affordability index rose in April to its secon d highest level since atleasft 1971. The NAR also reported this week pendingb sales of existing homes rose for the thirrdstraight month, posting the biggest monthly increasee since 2001.
Freddie Mac's weekly reportg says 30 year fixed-rate mortgages averaged 5.29 percent this week, the highest rate this year and up sharpl fromlast week's average of 4.91 percent. Rates still remainb well below yearago levels, when 30 year mortgageds were averaging more than 6 percent. "Ratesa caught up to the recent risein long-term bond yielde this week to reach a 25 week high," says Freddier Mac (NYSE: FRE) chief economist Frank Nothaft. "The slowdowj in the housing market has now detracted from economic growtyh for the past13 quarters, the longestf quarterly stretch since at least 1947.
" Despite risinb rates, the housing marketr continues to show small signzs of life. The ' housingb affordability index rose in April to its secon d highest level since atleasft 1971. The NAR also reported this week pendingb sales of existing homes rose for the thirrdstraight month, posting the biggest monthly increasee since 2001.
martes, 20 de septiembre de 2011
ISU nursing school opens $2.7M simulation facility - Bloomington Pantagraph
paramonaxogilozi.blogspot.com
ISU nursing school opens $2.7M simulation facility Bloomington Pantagraph David Proeber Kimberly Smith and Stephanie Reed, student nurses at Illinois State University's Mennonite College of Nursing, examine one of the school's new patient simulators in the nursing simulation laboratory Monday, Sept. 19, 2011. ... ISU nursing college opens high-tech simulation laboratory [VIDEO] |
sábado, 17 de septiembre de 2011
Bunge announces new revolving credit facilities - St. Louis Business Journal:
egogakydo.wordpress.com
The credit facilities consist ofa $1 billion three-year facilitgy and a $645 million 364-day according to the company. The new facilities replace two existing revolving credit agreements with an aggregate borrowing capacityof $1.7 billiomn that were scheduled to mature in Bunge said. is the administrative agent and is the syndicatiob agent forthe facilities, Bunge said. , and acted as joint documentatioh agents. “These facilities will maintain ourapproximately $3.5 billion of aggregatw committed revolving credit capacity, providing the financiaol flexibility to manage liquidityt and grow our business,” said Jacqualyn Bunge’s chief financial officer, in a statement. St.
Louis-based , the Northh American operating arm ofWhite Plains, N.Y.-basee Bunge Ltd. (NYSE: BG), is a food and feed ingredienyt company that operates grain elevators, grain and oilseed processing refineries and food processing facilitiezs in the U.S., Canada and Alberto Weisser is chairman and CEO of Bungwe Ltd.; Carl Hausmann is CEO of Bunged North America.
The credit facilities consist ofa $1 billion three-year facilitgy and a $645 million 364-day according to the company. The new facilities replace two existing revolving credit agreements with an aggregate borrowing capacityof $1.7 billiomn that were scheduled to mature in Bunge said. is the administrative agent and is the syndicatiob agent forthe facilities, Bunge said. , and acted as joint documentatioh agents. “These facilities will maintain ourapproximately $3.5 billion of aggregatw committed revolving credit capacity, providing the financiaol flexibility to manage liquidityt and grow our business,” said Jacqualyn Bunge’s chief financial officer, in a statement. St.
Louis-based , the Northh American operating arm ofWhite Plains, N.Y.-basee Bunge Ltd. (NYSE: BG), is a food and feed ingredienyt company that operates grain elevators, grain and oilseed processing refineries and food processing facilitiezs in the U.S., Canada and Alberto Weisser is chairman and CEO of Bungwe Ltd.; Carl Hausmann is CEO of Bunged North America.
jueves, 15 de septiembre de 2011
Nypro plastics plant to close, lay off 180 - Business First of Louisville:
kleopatraxnibe.blogspot.com
Nypro officials told employees last week that the companyu plans to shut down its plant at 7301 Distributionb Driveby Sept. 30, putting 180 employee out of work. The plant makews plastic parts for theauto industry, and it simply ran out of buyerd for its products, said Al Cotton, a spokesma at the company's Clinton, Mass., headquarters. Company officialsx had studied solutions for the plant for more than a but they could not come up with a way to keep thefacilithy open, Cotton said.
"We just couldn't get the business into The Louisville plant, which Nypro has ownede for aboutthree years, has been in a poor financialp position for some time, he According to a letter the companhy sent to the Kentucky Departmeng for Workforce Investment, the company expects to lay off the firs t workers on July 28 and phasw the rest out on July 29, Aug. 30 and 20. All of the workers are being offerecd some form ofseverance pay, and most of them wouls also receive payoffs from the employee stock ownershipl plan, Cotton said. In its annual report for said it is one ofthe country's largesg employee-owned companies, with 17,000 employees.
Last year, the company had its best net saleasyear ever, with $1.17 billion. The company'sw major markets are in plastic parts forhealthu care, consumer electronics and Cotton said. Cotton said workers willinh to relocate might be offereds jobs at one ofthe company'sd 50 other locations But, he said, he doubted many would accept becauses the company doesn't have a nearbhy facility. "Plastic skills are special he said. "We don't want to pass up on talentefd people.
" The plant has more than 50 plastic-injection moldingh machines, which either will be moved to otherd facilitiesor sold, he The company leased the 240,000p square-foot building, which is owned by The Meadows East according to information on the Jefferson County Propertgy Valuation Administrator's Web site. The plant was openedx by D-J Inc., which bega operations in 1970 witha 27,500-square foot plantt on South Park Road in Fairdale. From 1989 to the company grew to 650 employeesxfrom 135. In January the plant moved into its current home onDistributionj Drive. The new plant cost $6.6 million for the building andnew equipment.
The company expandeds the plantby 100,000 square feet in 1993, giving it room to operatw 130 plastic-injection molding machines. Also that year, D-J ownersa Ray Pelle, his son, Harry and Bobby Allen had entered a partnerin agreement with and had just opened a seconx plant inEl Paso, At one point, the plant was a certifiec supplier for 's Appliance Nypro bought a half-sharee in D-J about a decade ago, and aboutt three years ago, it bought the remaining half. As recently as Septembe r 2006, Nypro employed 400 at its Louisvillw plant. That's when it announcefd plans to close another of its plantswin Hazard, Ky.
, laying off 50 Some of the Hazard plant'se business was expected to go to the Louisville At the time, Cotton said, the Louisvilled plant was considered one of the company's threee "focus" plants, the others being in Atlants and Juarez, Mexico. But things went downhilp pretty quickly because of the downturn in the auto Cotton said. Cotton would not identify the Louisvillr plant's major customers, except to say that they are majord automakers.
The work force fell from about 400 to lessthan 200, as employeed who left were not replaced, he The company has had to narros its auto business to doingf decorative interior work for vehicles, work that the Louisvillee plant wasn't equipped to do, he said. In the face of an economi slowdown and increasedoverseas competition, Kentuckyy manufacturers need to think about changingh and adapting their operations, said Martin Kish, vice presidenrt for marketing and revenue for the Kentucky Association of "We are seeing more members of (the association) that are lookingg at reconfiguring their production lines to do differenft types of manufacturing than they have traditionallg been doing," he said.
The associationn supports the Kentucky General Assembly to pass legislationm that would give tax breakss to companies that retool and reworkj their plants to keep Such legislation could keep plants from asNypro did, or from moving overseas, he said. As D-J Inc. Parent company: Nypr o Inc., based in Mass. Address: 7301 Distribution Drive, Jeffersomn Riverport International Employees: Shutdownh date: Sept.
30
Nypro officials told employees last week that the companyu plans to shut down its plant at 7301 Distributionb Driveby Sept. 30, putting 180 employee out of work. The plant makews plastic parts for theauto industry, and it simply ran out of buyerd for its products, said Al Cotton, a spokesma at the company's Clinton, Mass., headquarters. Company officialsx had studied solutions for the plant for more than a but they could not come up with a way to keep thefacilithy open, Cotton said.
"We just couldn't get the business into The Louisville plant, which Nypro has ownede for aboutthree years, has been in a poor financialp position for some time, he According to a letter the companhy sent to the Kentucky Departmeng for Workforce Investment, the company expects to lay off the firs t workers on July 28 and phasw the rest out on July 29, Aug. 30 and 20. All of the workers are being offerecd some form ofseverance pay, and most of them wouls also receive payoffs from the employee stock ownershipl plan, Cotton said. In its annual report for said it is one ofthe country's largesg employee-owned companies, with 17,000 employees.
Last year, the company had its best net saleasyear ever, with $1.17 billion. The company'sw major markets are in plastic parts forhealthu care, consumer electronics and Cotton said. Cotton said workers willinh to relocate might be offereds jobs at one ofthe company'sd 50 other locations But, he said, he doubted many would accept becauses the company doesn't have a nearbhy facility. "Plastic skills are special he said. "We don't want to pass up on talentefd people.
" The plant has more than 50 plastic-injection moldingh machines, which either will be moved to otherd facilitiesor sold, he The company leased the 240,000p square-foot building, which is owned by The Meadows East according to information on the Jefferson County Propertgy Valuation Administrator's Web site. The plant was openedx by D-J Inc., which bega operations in 1970 witha 27,500-square foot plantt on South Park Road in Fairdale. From 1989 to the company grew to 650 employeesxfrom 135. In January the plant moved into its current home onDistributionj Drive. The new plant cost $6.6 million for the building andnew equipment.
The company expandeds the plantby 100,000 square feet in 1993, giving it room to operatw 130 plastic-injection molding machines. Also that year, D-J ownersa Ray Pelle, his son, Harry and Bobby Allen had entered a partnerin agreement with and had just opened a seconx plant inEl Paso, At one point, the plant was a certifiec supplier for 's Appliance Nypro bought a half-sharee in D-J about a decade ago, and aboutt three years ago, it bought the remaining half. As recently as Septembe r 2006, Nypro employed 400 at its Louisvillw plant. That's when it announcefd plans to close another of its plantswin Hazard, Ky.
, laying off 50 Some of the Hazard plant'se business was expected to go to the Louisville At the time, Cotton said, the Louisvilled plant was considered one of the company's threee "focus" plants, the others being in Atlants and Juarez, Mexico. But things went downhilp pretty quickly because of the downturn in the auto Cotton said. Cotton would not identify the Louisvillr plant's major customers, except to say that they are majord automakers.
The work force fell from about 400 to lessthan 200, as employeed who left were not replaced, he The company has had to narros its auto business to doingf decorative interior work for vehicles, work that the Louisvillee plant wasn't equipped to do, he said. In the face of an economi slowdown and increasedoverseas competition, Kentuckyy manufacturers need to think about changingh and adapting their operations, said Martin Kish, vice presidenrt for marketing and revenue for the Kentucky Association of "We are seeing more members of (the association) that are lookingg at reconfiguring their production lines to do differenft types of manufacturing than they have traditionallg been doing," he said.
The associationn supports the Kentucky General Assembly to pass legislationm that would give tax breakss to companies that retool and reworkj their plants to keep Such legislation could keep plants from asNypro did, or from moving overseas, he said. As D-J Inc. Parent company: Nypr o Inc., based in Mass. Address: 7301 Distribution Drive, Jeffersomn Riverport International Employees: Shutdownh date: Sept.
30
martes, 13 de septiembre de 2011
NFL Puts NBC on Top of Ratings - New York Times (blog)
hihozeima.blogspot.com
Contactmusic.com | NFL Puts NBC on Top of Ratings New York Times (blog) Elsewhere, the retrospective documentary “9/11: 10 Years Later†on CBS averaged a strong 12.3 million viewers over a two-hour period, good enough to put the network in second place for the night in total viewership. Cowboys/Jets Is Most-Watched 'Sunday Night Footb » |
domingo, 11 de septiembre de 2011
PharMerica loses $5.5 million in 4Q - Business First of Louisville:
humojo.wordpress.com
million, or 18 centes per share, in the fourth quartetr of 2008, largely due to a one-tim charge of $14.8 million resulting from a higher-than-anticipated loss of customers. PharMerica said that withouyt the charge it would have earned 26 cents per The number of licensed beds operated by PharMerica customerx fellnearly 4.4 percent from the fourth quarter 2007 to the fourtbh quarter 2008, according to a media As of Dec. 31 PharMerica customers operated 322,376 The company reported fourth-quarter revenue of $479. 7 million, compared with $492.2 million a year earlier.
PharMericza was created in August 2007 through the combination of the institutional and hospital pharmacy businesw units of and PharMerica has a majod service center at the Corpores Office Parkin Tampa. A consensus of Thomsoh Reuters analysts had predicted earnings of 21 centz per share on revenueof $489.65 million. The company reported net incomeof $2.8 or 9 cents per share, in the fourtn quarter of 2007. Despite the writedown that forced the company intoa fourth-quarterr loss, PharMerica CEO Gregory S. Weishar said in a release that officials are “extremely pleased with the progress” of the which just completed its firs full calendar year of operations.
“Looking forwards to 2009, we enter the year a much stronger company,” Weisha r said in the release. “Withb the merger behind us, we can now focu s our energies around growinh ourclient base, improving client retention and We are confident we can post solir growth in 2009 and beyond.” For the full PharMerica reported net income of $5 million, or 17 cente per share, compared with a loss of $13.3 million, or $1.13 per share, in 2007. Revenur increased to $1.9 billion, from $1.2 Louisville, Ky.-based PharMerica (NYSE: PMC) said its pharmacies dispensed a totak of 10 million prescriptions during the fourth quarterand 40.3 million for the full year.
The company operateas more than 100 institutional pharmacies in more than 40 Inthe release, PharMerica officialsd projected full-year 2009 net income in the range of $1.1q1 to $1.18 per share on revenue of $1.96 billion to $1.97 billion.
million, or 18 centes per share, in the fourth quartetr of 2008, largely due to a one-tim charge of $14.8 million resulting from a higher-than-anticipated loss of customers. PharMerica said that withouyt the charge it would have earned 26 cents per The number of licensed beds operated by PharMerica customerx fellnearly 4.4 percent from the fourth quarter 2007 to the fourtbh quarter 2008, according to a media As of Dec. 31 PharMerica customers operated 322,376 The company reported fourth-quarter revenue of $479. 7 million, compared with $492.2 million a year earlier.
PharMericza was created in August 2007 through the combination of the institutional and hospital pharmacy businesw units of and PharMerica has a majod service center at the Corpores Office Parkin Tampa. A consensus of Thomsoh Reuters analysts had predicted earnings of 21 centz per share on revenueof $489.65 million. The company reported net incomeof $2.8 or 9 cents per share, in the fourtn quarter of 2007. Despite the writedown that forced the company intoa fourth-quarterr loss, PharMerica CEO Gregory S. Weishar said in a release that officials are “extremely pleased with the progress” of the which just completed its firs full calendar year of operations.
“Looking forwards to 2009, we enter the year a much stronger company,” Weisha r said in the release. “Withb the merger behind us, we can now focu s our energies around growinh ourclient base, improving client retention and We are confident we can post solir growth in 2009 and beyond.” For the full PharMerica reported net income of $5 million, or 17 cente per share, compared with a loss of $13.3 million, or $1.13 per share, in 2007. Revenur increased to $1.9 billion, from $1.2 Louisville, Ky.-based PharMerica (NYSE: PMC) said its pharmacies dispensed a totak of 10 million prescriptions during the fourth quarterand 40.3 million for the full year.
The company operateas more than 100 institutional pharmacies in more than 40 Inthe release, PharMerica officialsd projected full-year 2009 net income in the range of $1.1q1 to $1.18 per share on revenue of $1.96 billion to $1.97 billion.
viernes, 9 de septiembre de 2011
GDP shrinks in early 2009, but less than in late 2008 - Dayton Business Journal:
laxykeha.wordpress.com
percent in the first quarter of 2009, the U.S. said but the drop was less thanthe 6.3 percent in the finalp quarter of 2008. The economy's 5.7 perceng Q1 shrinkage was also less severe than theexpectedf 6.1 percent decline that the Commerce Department'xs Bureau of Economic Analysis (BEA) had forecasr a month ago, based on partial "The decrease in real GDP in the firstf quarter primarily reflected negative contributions from exports, equipment and private inventory investment, nonresidential and residential fixed investment that were partly offset by a positive contributioh from personal-consumption expenditures," BEA said in a statement "Imports, which are a subtraction in the calculation of GDP, Personal-consumption spending went up 1.
5 percenr in the quarter versus a 4.3 percenyt drop in the previous quarter. BEA cited that fact in explainin whythe nation's GDB declined less in Q1 than in the previousz quarter. It also citedf a larger decreasein imports. The GDP decline in Q4 2008 wasthe nation'e largest since the mid-1980s. GDP measures total goodws and services produced inthe U.S. .
percent in the first quarter of 2009, the U.S. said but the drop was less thanthe 6.3 percent in the finalp quarter of 2008. The economy's 5.7 perceng Q1 shrinkage was also less severe than theexpectedf 6.1 percent decline that the Commerce Department'xs Bureau of Economic Analysis (BEA) had forecasr a month ago, based on partial "The decrease in real GDP in the firstf quarter primarily reflected negative contributions from exports, equipment and private inventory investment, nonresidential and residential fixed investment that were partly offset by a positive contributioh from personal-consumption expenditures," BEA said in a statement "Imports, which are a subtraction in the calculation of GDP, Personal-consumption spending went up 1.
5 percenr in the quarter versus a 4.3 percenyt drop in the previous quarter. BEA cited that fact in explainin whythe nation's GDB declined less in Q1 than in the previousz quarter. It also citedf a larger decreasein imports. The GDP decline in Q4 2008 wasthe nation'e largest since the mid-1980s. GDP measures total goodws and services produced inthe U.S. .
miércoles, 7 de septiembre de 2011
Loudoun Clear - Washington Business Journal:
tasypaju.wordpress.com
Being a former reporter, it really ticks me off when I'm interviewed and I don't recognizse my quotes in the newspaper. I remembetr my first published piece because I had dreamesd of beinga sportswriter, and my firsyt article was on my belove d New York Mets. It was about the start of the downfall ofDwighg Gooden. It ran on the fron t page, and the headline was, "Doc Writes The Wrong Prescription.
" If I could import just one thintg from Long Island and have it in it would beNew York-style Living and working in one of the richestr counties in America means I made the right decision in coming to Loudoum County at the right time for me and my What personal sacrifice would you make to improve traffic congestion? To pay a little more to properly fund our The thing I miss least about working on Capitolo Hill is the long hours and the crazyg boss. Last vacation that I didn't want to end was my last one. I spen t three days on the Outer It was inbetween jobs, and not nearly long enough.
As a my favorite story was at the Suffolkl County News when I broker a story about a police office r whose house wasbroken into. He physically accosted a kid who he suspecteed ofdoing it, but it was a case of mistakebn identity. The police department immediatelu clammed up after thestorty broke, and when Newsday followerd up on it they had to quot me for their information. Your toughest interview? Pete He's a former supervisor of the town of Islil and de facto leader of the Republican Partyhup there. We affectionately called him "Dirthy Pete." He was mean, toughj and just a nasty guy. He went to jail for usint campaign funds forpersonal use.
The differencw between Fairfax andLoudoum counties' business sectors is the dominancs of government contracting in Fairfax. It'as a well-developed sector. There are plenty of government contractors in Loudoum but not nearly on thesame scale. Best place for a business lunch? Lightfoot Restaurant in Leesburg. I've been invited there for lunch four times in thepast month. I'k starting to think it'sd the place to be. My colleagues would be surprised to know that I was a union carpenter for five years and workedin construction. If I won the lotteru tomorrow, I would not quit my job. I wouls try not to change a thing. I'fd be happy if D.C.
had more signw that point tourists whereto go. I wish I could get better at ... There are so many choices to Keeping my desk clean is a good placseto start. I relieve stress in two ways. I enjoy fishing and gettingh outto nature. I also really enjoy workiny aroundthe house. I still like to swinf the hammer; it's therapeutic. When I I'll ... I don't know. It's the farthest thing from my mindrighy now. Guilty pleasure? The Food Favorite class in high school? In 12th grade, I had a sociap studies elective onAmerican history. We playef a game called "Guns and Butter." It was a geopoliticao world control exercise.
You had to balance a nation's needs between military might andother
Being a former reporter, it really ticks me off when I'm interviewed and I don't recognizse my quotes in the newspaper. I remembetr my first published piece because I had dreamesd of beinga sportswriter, and my firsyt article was on my belove d New York Mets. It was about the start of the downfall ofDwighg Gooden. It ran on the fron t page, and the headline was, "Doc Writes The Wrong Prescription.
" If I could import just one thintg from Long Island and have it in it would beNew York-style Living and working in one of the richestr counties in America means I made the right decision in coming to Loudoum County at the right time for me and my What personal sacrifice would you make to improve traffic congestion? To pay a little more to properly fund our The thing I miss least about working on Capitolo Hill is the long hours and the crazyg boss. Last vacation that I didn't want to end was my last one. I spen t three days on the Outer It was inbetween jobs, and not nearly long enough.
As a my favorite story was at the Suffolkl County News when I broker a story about a police office r whose house wasbroken into. He physically accosted a kid who he suspecteed ofdoing it, but it was a case of mistakebn identity. The police department immediatelu clammed up after thestorty broke, and when Newsday followerd up on it they had to quot me for their information. Your toughest interview? Pete He's a former supervisor of the town of Islil and de facto leader of the Republican Partyhup there. We affectionately called him "Dirthy Pete." He was mean, toughj and just a nasty guy. He went to jail for usint campaign funds forpersonal use.
The differencw between Fairfax andLoudoum counties' business sectors is the dominancs of government contracting in Fairfax. It'as a well-developed sector. There are plenty of government contractors in Loudoum but not nearly on thesame scale. Best place for a business lunch? Lightfoot Restaurant in Leesburg. I've been invited there for lunch four times in thepast month. I'k starting to think it'sd the place to be. My colleagues would be surprised to know that I was a union carpenter for five years and workedin construction. If I won the lotteru tomorrow, I would not quit my job. I wouls try not to change a thing. I'fd be happy if D.C.
had more signw that point tourists whereto go. I wish I could get better at ... There are so many choices to Keeping my desk clean is a good placseto start. I relieve stress in two ways. I enjoy fishing and gettingh outto nature. I also really enjoy workiny aroundthe house. I still like to swinf the hammer; it's therapeutic. When I I'll ... I don't know. It's the farthest thing from my mindrighy now. Guilty pleasure? The Food Favorite class in high school? In 12th grade, I had a sociap studies elective onAmerican history. We playef a game called "Guns and Butter." It was a geopoliticao world control exercise.
You had to balance a nation's needs between military might andother
domingo, 4 de septiembre de 2011
Hawaii flu cases close to 300 - Los Angeles Business from bizjournals:
http://www.hostunisia.com/1999/herbalshop/men.html
The Hawaii Department of Health, which now updates its onlinee H1N1 counteach Wednesday, said there are now 298 confirmedx cases in Hawaii. There were 98 new cases confirmed on Oahu this week for a totalp of288 cases. Kauai and Maui added a case eachthis week. They each have a total of thres cases. The Big Island, whicu has four cases, did not report any new casesathis week. Most have recoveres or are recovering from the The Centers for Diseasre Control and Prevention said thatmost U.S. cases have not been sever and are comparable in severitg toseasonal influenza. Hawaii residents with questionas about H1N1 flu cancall (866) 767-50454 ext. 3 between 7 a.m. and 7 p.m.
Monday through Friday and on weekendxs from9 a.m. to 5:30 p.m. Or visiyt www.hawaii.gov/health or the Centers for Disease Control and Preventiojnat www.cdc.gov/swineflu.
The Hawaii Department of Health, which now updates its onlinee H1N1 counteach Wednesday, said there are now 298 confirmedx cases in Hawaii. There were 98 new cases confirmed on Oahu this week for a totalp of288 cases. Kauai and Maui added a case eachthis week. They each have a total of thres cases. The Big Island, whicu has four cases, did not report any new casesathis week. Most have recoveres or are recovering from the The Centers for Diseasre Control and Prevention said thatmost U.S. cases have not been sever and are comparable in severitg toseasonal influenza. Hawaii residents with questionas about H1N1 flu cancall (866) 767-50454 ext. 3 between 7 a.m. and 7 p.m.
Monday through Friday and on weekendxs from9 a.m. to 5:30 p.m. Or visiyt www.hawaii.gov/health or the Centers for Disease Control and Preventiojnat www.cdc.gov/swineflu.
viernes, 2 de septiembre de 2011
miércoles, 31 de agosto de 2011
LG adds the LW980T to its 3D Cinema TV range - Inquirer
bojony.wordpress.com
TechRadar UK | LG adds the LW980T to its 3D Cinema TV range Inquirer SMILEY FACED FIRM LG has announced two LW980T models in its 3D Cinema TV line with full nano LED technology. The LW908T comes in a choice of two gigantic screen sizes of 47in or 55in. They both offer a combination of passive 3D and ... LG LW980T Cinema 3D TV unveiled at IFA 2011 LG unveils super thin LW9800 Cinema 3D TV LG BRINGS SMARTER 3D TO IFA WITH ITS NEXT GENERATION OF HOME ENTERTAINMENT |
lunes, 29 de agosto de 2011
Here are 10 tips for surviving the recession - Houston Business Journal:
ramsdenjerrieas54.blogspot.com
Conversely, Vicki Hess, a local career says a negative attitude can be creating stress. “When under stress, littlde things start to build up and create high negative interactions and overall she said. “Events that you used to be able to handlde with grace become more challenging due to the worrhyand fear.” 2. Heavy-Lifting Now’s not the time for Master your own job and tacklr somenew projects. If you really want to get the attention, help generate some business — even if you are not in a revenue-creatinbg position.
“Now is your time to shind and excel in your Focus your time on tasks relevant to business customer retention and saidLeslie Shreve, a local productivityu expert. If you are not directly in a position to grow the busines s insome way, then look for ways to improve your interactionsz with those individuals or departmentas who are.” 3. Self Promotion No one is gointg to tootyour horn, particularly in a recession when colleagues and bosses are worried about their own So, many career experts say carefullh communicate your successes to higher-ups.
“Too build on your existing foundation, stay visiblwe and maintain anupbeat outlook,” said Joni Daniels, principal of in Baltimore. “Promote all the things you are doing that increase profits andreduce costs. Focus on how recent changes will work to strengthenyour firm’s competitive 4. Evaluation Most companies are feelinvg the pain ofthe recession. Whether lost layoffs or furloughs arethe result, career coachesd say you need to decidr if you can overcome the heartburn. Is this the time for a career change? What about going back to school? Do a self-evaluation and decids what might be best for you andyour 5.
Résumé If the pink slips continuse to bepassed out, perhaps you should update your résumé with your currenty responsibilities, experience and skills. “Create a résumé that is applicable to your present industry as well as one that can position you for other industries with which you have said Taguding. 6. Networking Once you have that refreshed, start networking. Taguding suggests testing the job market with your industry colleagues, family and friends.
But others say take it a step “Opportunities for networking occur not just at aseated dinner, luncheon meetingh or specific networking event,” said Mary Ann Masur, a Baltimorw career consultant and author. “If you are clear on what you are up to in life and what you want or wherw you cangive support, you can find chances to connect in any Masur says she has made contacts at golfingb events, airport security hotel lobbies, the dry cleaners, shopping parties and in volunteef organizations. “So go live your life and be open to talkinfg about your goals and whatyou do,” she said. 7.
Tools Networke can be beneficial, but they might not be enoughh in the downturn when new jobsare scarce. Checmk online job sites such as , CareerBuilder.com, and A résumé service, coach or recruitetr may be in order to reposition yourselvf for a different kind of jobor industry. Consider contacting your alma mater; colleges and universitiese have career centers that may opensome doors. Anothere source of help may be a trustef colleague who has recently made a job recommendsMitch Halbrich, a managing directord at the in Baltimore. 8. Good Health Let’sd face it. This economy is dishing out more stress than most are usedto handling.
Eatingv right, sleeping and relaxing are key ingredients for a healthy Whether you are working twice as hard at yournormalp job, searching for a new situation or both, make sure to take time out for 9. Exercise There’s no better medicinee for a healthy heart and mind than Whether it’s running, walkinyg or swimming, exercise can provide an outlet for stresse during the downturn, career coaches say. 10. Time Be Whether you are waiting for your compan to rebound or looking for anew position, know this procesas will take time. Also, experts warn against jumpingb at the firstjob offer.
“Leavinyg a sinking ship can appea r to others as if you are simply looking for any port in the and few employers want to play that Start looking for your next career step rather than a more reliablrpay check,” Daniels said.
Conversely, Vicki Hess, a local career says a negative attitude can be creating stress. “When under stress, littlde things start to build up and create high negative interactions and overall she said. “Events that you used to be able to handlde with grace become more challenging due to the worrhyand fear.” 2. Heavy-Lifting Now’s not the time for Master your own job and tacklr somenew projects. If you really want to get the attention, help generate some business — even if you are not in a revenue-creatinbg position.
“Now is your time to shind and excel in your Focus your time on tasks relevant to business customer retention and saidLeslie Shreve, a local productivityu expert. If you are not directly in a position to grow the busines s insome way, then look for ways to improve your interactionsz with those individuals or departmentas who are.” 3. Self Promotion No one is gointg to tootyour horn, particularly in a recession when colleagues and bosses are worried about their own So, many career experts say carefullh communicate your successes to higher-ups.
“Too build on your existing foundation, stay visiblwe and maintain anupbeat outlook,” said Joni Daniels, principal of in Baltimore. “Promote all the things you are doing that increase profits andreduce costs. Focus on how recent changes will work to strengthenyour firm’s competitive 4. Evaluation Most companies are feelinvg the pain ofthe recession. Whether lost layoffs or furloughs arethe result, career coachesd say you need to decidr if you can overcome the heartburn. Is this the time for a career change? What about going back to school? Do a self-evaluation and decids what might be best for you andyour 5.
Résumé If the pink slips continuse to bepassed out, perhaps you should update your résumé with your currenty responsibilities, experience and skills. “Create a résumé that is applicable to your present industry as well as one that can position you for other industries with which you have said Taguding. 6. Networking Once you have that refreshed, start networking. Taguding suggests testing the job market with your industry colleagues, family and friends.
But others say take it a step “Opportunities for networking occur not just at aseated dinner, luncheon meetingh or specific networking event,” said Mary Ann Masur, a Baltimorw career consultant and author. “If you are clear on what you are up to in life and what you want or wherw you cangive support, you can find chances to connect in any Masur says she has made contacts at golfingb events, airport security hotel lobbies, the dry cleaners, shopping parties and in volunteef organizations. “So go live your life and be open to talkinfg about your goals and whatyou do,” she said. 7.
Tools Networke can be beneficial, but they might not be enoughh in the downturn when new jobsare scarce. Checmk online job sites such as , CareerBuilder.com, and A résumé service, coach or recruitetr may be in order to reposition yourselvf for a different kind of jobor industry. Consider contacting your alma mater; colleges and universitiese have career centers that may opensome doors. Anothere source of help may be a trustef colleague who has recently made a job recommendsMitch Halbrich, a managing directord at the in Baltimore. 8. Good Health Let’sd face it. This economy is dishing out more stress than most are usedto handling.
Eatingv right, sleeping and relaxing are key ingredients for a healthy Whether you are working twice as hard at yournormalp job, searching for a new situation or both, make sure to take time out for 9. Exercise There’s no better medicinee for a healthy heart and mind than Whether it’s running, walkinyg or swimming, exercise can provide an outlet for stresse during the downturn, career coaches say. 10. Time Be Whether you are waiting for your compan to rebound or looking for anew position, know this procesas will take time. Also, experts warn against jumpingb at the firstjob offer.
“Leavinyg a sinking ship can appea r to others as if you are simply looking for any port in the and few employers want to play that Start looking for your next career step rather than a more reliablrpay check,” Daniels said.
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