Newsday | Tributes paid to writer Maeve Binchy RTE.ie Tributes paid to writer Maeve Binchy. Updated: 19:05, Tuesday, 31 July 2012. Tweet. Leading figures from the world of politics, the arts and journalism have been paying tribute to the journalist and writer, Maeve Binchy, who died yesterday. She was 72. Irish writer Maeve Binchy dies at 72 Maeve Binchy is remembered by Ireland's leaders, fellow writers Maeve Binchy dead: book writer among most popular in Ireland |
martes, 31 de julio de 2012
Tributes paid to writer Maeve Binchy - RTE.ie
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lunes, 30 de julio de 2012
Tough times for Johnny V - The Business Journal of Milwaukee:
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In May 2008, a prospective developer for a HolidahyInn & Suites at the Posner building withdrew from the citing the economic slowdown and tight credit Vassallo said at the time he wouldd seek another developer or investors, but so far none has Vassallo said he used to spen d much of his time working on new deals, but now he’e doing financial workouts of old deals. “ hope everybody understands I’m not a bad person,” he said of the foreclosurre cases. “It’s a bad situation.” Vassallo pointsz out that his restaurants are in separate limite d liability companies from the real estate armin foreclosure.
He’d concerned that the public’s perception might be that the restaurants themselveds arein foreclosure. The staff of Mo’s restaurants and Vassallio will continue working hard to survive the he said. He encouraged patrons to visir his restaurantsand pubs. “Have a steak or a pint and we’ll all get through this he said.
In May 2008, a prospective developer for a HolidahyInn & Suites at the Posner building withdrew from the citing the economic slowdown and tight credit Vassallo said at the time he wouldd seek another developer or investors, but so far none has Vassallo said he used to spen d much of his time working on new deals, but now he’e doing financial workouts of old deals. “ hope everybody understands I’m not a bad person,” he said of the foreclosurre cases. “It’s a bad situation.” Vassallo pointsz out that his restaurants are in separate limite d liability companies from the real estate armin foreclosure.
He’d concerned that the public’s perception might be that the restaurants themselveds arein foreclosure. The staff of Mo’s restaurants and Vassallio will continue working hard to survive the he said. He encouraged patrons to visir his restaurantsand pubs. “Have a steak or a pint and we’ll all get through this he said.
sábado, 28 de julio de 2012
Most SBA lenders expect to lend more due to stimulus - Tampa Bay Business Journal:
ycoguqi.wordpress.com
That’s according to a survey conductedby , an executivee search firm for SBA lenders. An expansion of SBA lendingg is good news for small businesseethat can’t get a conventional loan on favorablee terms. Their access to SBA loans has fallen dramaticalluy inrecent months. Many lenders have reduced or eliminated their SBA lending due to high costs and a froze n secondary market forthe loans. The stimulus bill included fundx that will enable the SBA to lower or eliminat e fees onits loans, increase its guarantew on the loans and create a new programm that will offer bridge loans of up to $35,000 for small businesses having problems making payments on existingb loans.
The legislation also calls for the SBA to offer loansto broker/dealers that purchase 7(a) business loans and then pool them for sale on the secondarhy market. It’s important for the SBA to publish new regulations and procedures for these stimulus programs soon in order for the expectec expansion of SBA lendingto occur, said Tim president of Terry & Associates. The , meanwhile, also is workingf to unfreeze the secondary market for SBA loanes by offering loans to investorws who buy securities backed by SBA loan Only 33 percent of the lenders thought the Fed’s program would increase SBA lendinhg with most saying they needed to wait to see if the prograj actually does revive the secondart market.
The worst news in the survey, is that 16 percent of these lenders, all of whom have substantia l SBAlending programs, plan to make furtherd reductions in their staffs this month. Employmenft labels will begin to stabilize in the seconde quarter ofthe year, according to the survey. For more see sbasearch.com. A monthly index of smal l business indicators hitits second-lowestr level in its 35-year history in The Small Business Optimism Index, baseds on a survey of members, fell 1.5 pointw to 82.6.
Small business owner were increasingly pessimistic about their own saleas prospects as well as the economy asa “It is clear that the first quarter of 2009 will be as bad as the fourthj quarter of last said NFIB Chief Economist William For more information, see U.S. barely in top 10 as far as innovation We’re No. 8! That’sw where the United States ranks in a new report comparin 110 countries oninnovation leadership. The rankings were basef on a survey of manufacturing an analysis of public policies and measurement of outputs ranging from patents to business The study was conductedby , the and its . Singapore was No. 1 in followed by South Korea and Switzerland.
manufacturing innovation leadership isat risk,” said NAM President John “We’ve fallen behind countries in East Asia and The United States can climb back up to the top by “enactinv more competitive tax, trade and work force Engler said. “A skilled, educatefd work force is the most critica element ofinnovation — and the hardest asset to acquire,” said Emil Stover DeRocco, president of the Manufacturingb Institute.
“The study shows that in companies andcountrieas alike, a high number of researchers and advancerd degrees — particularly in science and engineering are the greatest predictor of The best states in the Unitefd State for innovation are California, Connecticut, Massachusetts, New York and according to the report.
That’s according to a survey conductedby , an executivee search firm for SBA lenders. An expansion of SBA lendingg is good news for small businesseethat can’t get a conventional loan on favorablee terms. Their access to SBA loans has fallen dramaticalluy inrecent months. Many lenders have reduced or eliminated their SBA lending due to high costs and a froze n secondary market forthe loans. The stimulus bill included fundx that will enable the SBA to lower or eliminat e fees onits loans, increase its guarantew on the loans and create a new programm that will offer bridge loans of up to $35,000 for small businesses having problems making payments on existingb loans.
The legislation also calls for the SBA to offer loansto broker/dealers that purchase 7(a) business loans and then pool them for sale on the secondarhy market. It’s important for the SBA to publish new regulations and procedures for these stimulus programs soon in order for the expectec expansion of SBA lendingto occur, said Tim president of Terry & Associates. The , meanwhile, also is workingf to unfreeze the secondary market for SBA loanes by offering loans to investorws who buy securities backed by SBA loan Only 33 percent of the lenders thought the Fed’s program would increase SBA lendinhg with most saying they needed to wait to see if the prograj actually does revive the secondart market.
The worst news in the survey, is that 16 percent of these lenders, all of whom have substantia l SBAlending programs, plan to make furtherd reductions in their staffs this month. Employmenft labels will begin to stabilize in the seconde quarter ofthe year, according to the survey. For more see sbasearch.com. A monthly index of smal l business indicators hitits second-lowestr level in its 35-year history in The Small Business Optimism Index, baseds on a survey of members, fell 1.5 pointw to 82.6.
Small business owner were increasingly pessimistic about their own saleas prospects as well as the economy asa “It is clear that the first quarter of 2009 will be as bad as the fourthj quarter of last said NFIB Chief Economist William For more information, see U.S. barely in top 10 as far as innovation We’re No. 8! That’sw where the United States ranks in a new report comparin 110 countries oninnovation leadership. The rankings were basef on a survey of manufacturing an analysis of public policies and measurement of outputs ranging from patents to business The study was conductedby , the and its . Singapore was No. 1 in followed by South Korea and Switzerland.
manufacturing innovation leadership isat risk,” said NAM President John “We’ve fallen behind countries in East Asia and The United States can climb back up to the top by “enactinv more competitive tax, trade and work force Engler said. “A skilled, educatefd work force is the most critica element ofinnovation — and the hardest asset to acquire,” said Emil Stover DeRocco, president of the Manufacturingb Institute.
“The study shows that in companies andcountrieas alike, a high number of researchers and advancerd degrees — particularly in science and engineering are the greatest predictor of The best states in the Unitefd State for innovation are California, Connecticut, Massachusetts, New York and according to the report.
viernes, 27 de julio de 2012
Economists see modest rebound in 3Q - Charlotte Business Journal:
raisavydyexuwowi.blogspot.com
According to the National Association forBusinessz Economics, “The panel ... positive, albeit modest, growth in the thirdx quarter, followed by steady improvementt thereafter. On the whole, however, the economic rebound lack luster. Real GDP growth over the second half of 2009 is expecte d to averagea well-below-trend 1.2 percentf pace.” The forecasters say growth in 2010 “iss slated for a return to near its historicao trend, with real GDP rising 2.7 percen on a fourth-quarter-to-fourth-quarter basis. ...
(But) next year’s expectedc growth in GDP would be considerably more moderat e than the typical rebound following a steep The economists say laboer conditionsnationwide “are expected to deterioratre further, with additional, but decreasing job losses through year They predict the nation will have lost 4.5 million jobs by the end of 2009, driving the unemploymeng rate to 9.8 percent. But they say the rate shouldd easeto 9.3 percent by the end of 2010. The NABE Outloo report presents a consensus of macroeconomi expectations from a panelp of 45professional forecasters. The survey was conducted Apriol 27-May 11.
According to the National Association forBusinessz Economics, “The panel ... positive, albeit modest, growth in the thirdx quarter, followed by steady improvementt thereafter. On the whole, however, the economic rebound lack luster. Real GDP growth over the second half of 2009 is expecte d to averagea well-below-trend 1.2 percentf pace.” The forecasters say growth in 2010 “iss slated for a return to near its historicao trend, with real GDP rising 2.7 percen on a fourth-quarter-to-fourth-quarter basis. ...
(But) next year’s expectedc growth in GDP would be considerably more moderat e than the typical rebound following a steep The economists say laboer conditionsnationwide “are expected to deterioratre further, with additional, but decreasing job losses through year They predict the nation will have lost 4.5 million jobs by the end of 2009, driving the unemploymeng rate to 9.8 percent. But they say the rate shouldd easeto 9.3 percent by the end of 2010. The NABE Outloo report presents a consensus of macroeconomi expectations from a panelp of 45professional forecasters. The survey was conducted Apriol 27-May 11.
miércoles, 25 de julio de 2012
Emerging Stocks Rise First Time in Five Days on Stimulus Hopes - Bloomberg
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Financial Times | Emerging Stocks Rise First Time in Five Days on Stimulus Hopes Bloomberg The MSCI Emerging Markets Index added 0.4 percent to 908.94 as of 12:19 p.m. in Hong Kong, snapping a four-day, 3.8 percent slide. Policy makers from the Federal Reserve, the European Central Bank and the Bank of England » |
martes, 24 de julio de 2012
Business briefs | Wal-Mart opposes $6 billion credit card settlement - Kansas City Star
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Business briefs | Wal-Mart opposes $6 billion credit card settlement Kansas City Star Business briefs | Wal-Mart opposes $6 billion credit card settlement. Updated: 2012-07-24T16:27:05Z. More News. Wal-Mart Stores Inc. is urging retailers to reject a proposed $6 billion settlement that Visa Inc., MasterCard Inc. and major banks have ... |
lunes, 23 de julio de 2012
Top Tips for Trading Forex as Euro Falls 0.4% - MarketWatch (press release)
vykyvimote.wordpress.com
Top Tips for Trading Forex as Euro Falls 0.4% MarketWatch (press release) LONDON, July 23, 2012 /PRNewswire via COMTEX/ -- As the euro fell 0.4% against the Australian dollar on Friday 20 July - its lowest level since its inception in 1999 - how do you plan to trade the euro in the coming weeks? In the following guide, we ... |
sábado, 21 de julio de 2012
Orlando 7-Eleven converts to franchise - San Antonio Business Journal:
oryzacody.wordpress.com
The 3,000-square-foot convenience store at 3911 McCoy Road nearConwau Road, which also has a gasoline station, will now be ownefd by franchisee Ermal a former store manager for five Dallas-based 7-Eleven Inc. announced plans in 2007 to convert 100 existinbg locations in the statwe tofranchised operations. Store managerse were invited to apply for those franchises before the offerwent public. More than 40 7-Elevebn stores in the Orlando market arenow franchised, with aboutr another 140 owned by the company.
Betweeb eight to 10 7-Eleven stores throughout the statr are being converted into franchise operations each month and plans to have most of the conversionds nationwide completedby 2012, according to a news The company operates, franchises or licenses about 7,800 stores in North America and more than 36,100o stores in 15 countries. The companu reported 2008 sales of morethan $53.y7 billion.
The 3,000-square-foot convenience store at 3911 McCoy Road nearConwau Road, which also has a gasoline station, will now be ownefd by franchisee Ermal a former store manager for five Dallas-based 7-Eleven Inc. announced plans in 2007 to convert 100 existinbg locations in the statwe tofranchised operations. Store managerse were invited to apply for those franchises before the offerwent public. More than 40 7-Elevebn stores in the Orlando market arenow franchised, with aboutr another 140 owned by the company.
Betweeb eight to 10 7-Eleven stores throughout the statr are being converted into franchise operations each month and plans to have most of the conversionds nationwide completedby 2012, according to a news The company operates, franchises or licenses about 7,800 stores in North America and more than 36,100o stores in 15 countries. The companu reported 2008 sales of morethan $53.y7 billion.
viernes, 20 de julio de 2012
CSU plans fee hikes, furloughs to save $584M - Sacramento Business Journal:
esivyjifag.wordpress.com
The increase, which the Los Angeles Timese says is 15 percentt to20 percent, comex on the heels of a 10 percenr tuition hike in May, and woulde bring a year of undergraduate fees at Sacramentol State to $4,862 - $5,073. CSU spokeswomahn Claudia Keith said no numbers have been set but that rangew wasa possibility. The fee increaswe will be consideredJuly 21. The universityh system said it expect federal stimulus financial aid increases will cover the fee increasse forabout 187,000 students, along with more Pell awards and tax The system also plans to reduced enrollment by 32,000 students for the 2010-2011 schoolk year by increasing grade point average requirement and closing spring 2010 enrollment and winter 2010 The university system, which has 450,000 students, said 86 percentt of its operating budgetg goes to employee salaries and benefits.
CSU hopesx to furlough all employees two days per montyh to cut downon costs. Tuesday, the Californiq State UniversityEmployees Union, which represents 16,000 non-academic workers, gave tentativ agreement to the plan. The 2,40p0 CSU members of the Academic Professionalz of California have agreed to negotiatethe furloughs. The California Faculty Association, which represents 23,00 faculty personnel, has not yet voted on the furloughs.
The increase, which the Los Angeles Timese says is 15 percentt to20 percent, comex on the heels of a 10 percenr tuition hike in May, and woulde bring a year of undergraduate fees at Sacramentol State to $4,862 - $5,073. CSU spokeswomahn Claudia Keith said no numbers have been set but that rangew wasa possibility. The fee increaswe will be consideredJuly 21. The universityh system said it expect federal stimulus financial aid increases will cover the fee increasse forabout 187,000 students, along with more Pell awards and tax The system also plans to reduced enrollment by 32,000 students for the 2010-2011 schoolk year by increasing grade point average requirement and closing spring 2010 enrollment and winter 2010 The university system, which has 450,000 students, said 86 percentt of its operating budgetg goes to employee salaries and benefits.
CSU hopesx to furlough all employees two days per montyh to cut downon costs. Tuesday, the Californiq State UniversityEmployees Union, which represents 16,000 non-academic workers, gave tentativ agreement to the plan. The 2,40p0 CSU members of the Academic Professionalz of California have agreed to negotiatethe furloughs. The California Faculty Association, which represents 23,00 faculty personnel, has not yet voted on the furloughs.
miércoles, 18 de julio de 2012
Realtors index: Pending home sales jump sharply - Phoenix Business Journal:
manuscripts-shuwatu.blogspot.com
NAR’s latest Pending Home Sales Index jumped sharplyin April, a strong indicatioh that the U.S. housing market should continur its slow recovery throughthe summer. The indexs is a forward-looking indicator baserd on contracts signedin April. It rose 6.7 percenyt to 90.3 from a reading of 84.6 in and is 3.2 perceny above April 2008 when it was An index of 100 is equal to the average level of contract activityduringf 2001. That was the first year data was collected, as well as the first of five consecutive record yearasfor existing-home sales. Lawrence Yun, NAR chief economist, said buyers are respondintg to very favorablemarket conditions.
“Housing affordability conditions have been athistoric highs, but now the $8,000 first-time buyer tax creditr is beginning to impactf the market,” he said. “Since first-time buyersz must finalize their purchaseby Nov. 30 to get the we expect greater activity in the months and that should spark more sales by repeat While pending home sales gainedd inthe West, it was to a lesser extent than other areas of the The index rose 1.8 percent in the West to but is 2.9 percent below April 2008. The indecx in the Northeast shotup 32.6 percent to 78.9 in Apripl and is 0.8 percent above a year ago. In the Midwest the inde x rose 9.8 percent to 90.4 and is 11.
1 percent abover April 2008. The index in the South slipped 0.2 percenf to 93.0 in April but is 3.5 percenf higher than a year ago. According to the NAR, the Pending Home Sales Index is based on a largrenational sample, typically representing about 20 percent of transactionss for existing-home sales.
NAR’s latest Pending Home Sales Index jumped sharplyin April, a strong indicatioh that the U.S. housing market should continur its slow recovery throughthe summer. The indexs is a forward-looking indicator baserd on contracts signedin April. It rose 6.7 percenyt to 90.3 from a reading of 84.6 in and is 3.2 perceny above April 2008 when it was An index of 100 is equal to the average level of contract activityduringf 2001. That was the first year data was collected, as well as the first of five consecutive record yearasfor existing-home sales. Lawrence Yun, NAR chief economist, said buyers are respondintg to very favorablemarket conditions.
“Housing affordability conditions have been athistoric highs, but now the $8,000 first-time buyer tax creditr is beginning to impactf the market,” he said. “Since first-time buyersz must finalize their purchaseby Nov. 30 to get the we expect greater activity in the months and that should spark more sales by repeat While pending home sales gainedd inthe West, it was to a lesser extent than other areas of the The index rose 1.8 percent in the West to but is 2.9 percent below April 2008. The indecx in the Northeast shotup 32.6 percent to 78.9 in Apripl and is 0.8 percent above a year ago. In the Midwest the inde x rose 9.8 percent to 90.4 and is 11.
1 percent abover April 2008. The index in the South slipped 0.2 percenf to 93.0 in April but is 3.5 percenf higher than a year ago. According to the NAR, the Pending Home Sales Index is based on a largrenational sample, typically representing about 20 percent of transactionss for existing-home sales.
martes, 17 de julio de 2012
TXCO files for Chapter 11 bankruptcy protection - San Antonio Business Journal:
bojony.wordpress.com
Attorneys for San Antonio-based TXCO (NASDAQ: TXCO) also filed a motioh with the Bankruptcy Court seeking approval foranticipatecd debtor-in-possession financing with prospective lenders. TXCO is currently in negotiationszwith Ltd. and potentially others for a multiple draw-term loan facilityu with a total aggregate principaol amountof $32 million. The debtor-in-possessionn financing would allow TXCO to conduct businesswwithout interruption. TXCO is workin to minimize the impact of the bankruptc filing onits operations, customers and employees. the bankruptcy court will have to approve anyfinancing U.S. Bankruptcy Judge Ronald B.
King is handling the case at theWesterm District’s office in San Antonio. TXCO officials say the bankruptch filing was precipitated by a series of eventws that severely impactedthe company’ s liquidity. Particularly, extreme volatility in energy prices and a crumbling global economy have made it difficuly for TXCO to raise equity capitalor debt, according to a statemenyt released by the company. According to the bankruptcuy filing, TXCO has assets of $431.0 million and total debtd of $322.8 million. The company also has more than 38 millio shares of common stock outstanding. TXCO’s largest shareholder is , a companu based in Milwaukee. Heartland owns 9.
1 percent of the company’zs total stock, according to TXCO’s bankruptcy The company’s top five largest unsecured creditors, the bankruptcy petitiojn shows, are Houston-based ($8 in Uvalde ($5.3 million); Dallas-based ($5.1 in Dallas ($4.2 million); and in Houston ($2.9 million). The company also has retainefdAlbert S. Conly of to serve as the chiecf restructuring officer to assist TXCO in the Chapteer11 reorganization. LLC has been retained as financial advisers andinvestmentr banker. Goldman, Sachs Co. has been hired as a financial advised in connection with any potentia sale of assets proposed undet thisbankruptcy filing.
TXCO is represented locally by bankruptcy attorneysDeborah D. Williamson and Lindsey D. Graham with TXCO is an independeng oil and gas company with interests in theMaverickm Basin, the onshore Gulf Coast region and the Marfa Basinh of Texas and western Oklahoma. www.txco.com
Attorneys for San Antonio-based TXCO (NASDAQ: TXCO) also filed a motioh with the Bankruptcy Court seeking approval foranticipatecd debtor-in-possession financing with prospective lenders. TXCO is currently in negotiationszwith Ltd. and potentially others for a multiple draw-term loan facilityu with a total aggregate principaol amountof $32 million. The debtor-in-possessionn financing would allow TXCO to conduct businesswwithout interruption. TXCO is workin to minimize the impact of the bankruptc filing onits operations, customers and employees. the bankruptcy court will have to approve anyfinancing U.S. Bankruptcy Judge Ronald B.
King is handling the case at theWesterm District’s office in San Antonio. TXCO officials say the bankruptch filing was precipitated by a series of eventws that severely impactedthe company’ s liquidity. Particularly, extreme volatility in energy prices and a crumbling global economy have made it difficuly for TXCO to raise equity capitalor debt, according to a statemenyt released by the company. According to the bankruptcuy filing, TXCO has assets of $431.0 million and total debtd of $322.8 million. The company also has more than 38 millio shares of common stock outstanding. TXCO’s largest shareholder is , a companu based in Milwaukee. Heartland owns 9.
1 percent of the company’zs total stock, according to TXCO’s bankruptcy The company’s top five largest unsecured creditors, the bankruptcy petitiojn shows, are Houston-based ($8 in Uvalde ($5.3 million); Dallas-based ($5.1 in Dallas ($4.2 million); and in Houston ($2.9 million). The company also has retainefdAlbert S. Conly of to serve as the chiecf restructuring officer to assist TXCO in the Chapteer11 reorganization. LLC has been retained as financial advisers andinvestmentr banker. Goldman, Sachs Co. has been hired as a financial advised in connection with any potentia sale of assets proposed undet thisbankruptcy filing.
TXCO is represented locally by bankruptcy attorneysDeborah D. Williamson and Lindsey D. Graham with TXCO is an independeng oil and gas company with interests in theMaverickm Basin, the onshore Gulf Coast region and the Marfa Basinh of Texas and western Oklahoma. www.txco.com
lunes, 16 de julio de 2012
Romney, Obama look to use questions about Bain Capital for political benefit - Washington Post
ernstiryastrov.blogspot.com
Romney, Obama look to use questions about Bain Capital for political benefit Washington Post WOLFEBORO, N.H. â€" President Barack Obama and challenger Mitt Romney have one campaign strategy in common: Each is trying to convince voters that his opponent in the closely contested race for the White House is not trustworthy. |
sábado, 14 de julio de 2012
Brad Keselowski wins FW Webb 200 at NHMS - Boston.com (blog)
ejyceh.wordpress.com
Macon Telegraph (blog) | Brad Keselowski wins FW Webb 200 at NHMS Boston.com (blog) Penske Racing driver Brad Keselowski wins F.W. Webb 200 Nationwide Series race at New Hampshire Motor Speedway. Keselowski wins Nationwide race Keselowski outruns Harvick for Nationwide win at NH Keselowski outruns Harvick for Nationwide win at N.H. |
viernes, 13 de julio de 2012
How to keep your browser in sync at work and home - CBS News
glafirarynyxu.blogspot.com
CBS News | How to keep your browser in sync at work and home CBS News Neat trick -- XMarks » |
miércoles, 11 de julio de 2012
S&P lowers outlook for HEI, HECO - Kansas City Business Journal:
shelly-polymer.blogspot.com
Standard & Poor’s said Hawaii is “exhibiting decidedlyy recessionary trends,” and that its dependencer on tourism to drive the local economh could mean the state will be more severelyy affected bythe recession. “The negatived outlook assigned to HEI reflects the potentiapl for consolidated credit metrics to fall belowa our benchmarks over our outlook horizon dueto Hawaii’s weakeninv economy, which is expected to lower electric salesw by 4 percent or more and put upwarsd pressure on borrowing requirements,” S&P said. , a subsidiaryg of HEI, is rated on a standalone basi and is not affected by thelowered outlook.
Sharez of Hawaiian Electric stock weredown 1.6 percent to $16.95.
Standard & Poor’s said Hawaii is “exhibiting decidedlyy recessionary trends,” and that its dependencer on tourism to drive the local economh could mean the state will be more severelyy affected bythe recession. “The negatived outlook assigned to HEI reflects the potentiapl for consolidated credit metrics to fall belowa our benchmarks over our outlook horizon dueto Hawaii’s weakeninv economy, which is expected to lower electric salesw by 4 percent or more and put upwarsd pressure on borrowing requirements,” S&P said. , a subsidiaryg of HEI, is rated on a standalone basi and is not affected by thelowered outlook.
Sharez of Hawaiian Electric stock weredown 1.6 percent to $16.95.
martes, 10 de julio de 2012
PRPA and Panama Canal Authority co-promoting Asia route - Philadelphia Business Journal:
goldenayreyg1666.blogspot.com
The agreement, which is renewable after two will include joint marketing activities and sharing best practicewsand information, including market information on improvements and/or modernization efforts and personnel trainingb programs. “The strategic alliance with the Panama Canal Authority will increase job opportunities at our regional port s and attractnew business,” says PRPA Board Chairman John H. “This collaboration aligns with our mission to become one of the mostcompetitived U.S. East Coast seaports and has an increasingly marked contribution to the economidc health ofthe state.
” Half of all of the cargoo PRPA handled last year (1,906,343 long tons) was eithef on its way to or from the Canaol last year, which is up 17,000o long tons over the prior year. Expansion project are under way inboth areas. PRPA is sponsoring the five-to-sevenj year project to deeper the Delawarse River Main Channel from 40 feet to 45 The Panama CanalExpansiob Program, expected to be completed in will add a new lane of traffid along the Canal that will allow for wider ships and double
The agreement, which is renewable after two will include joint marketing activities and sharing best practicewsand information, including market information on improvements and/or modernization efforts and personnel trainingb programs. “The strategic alliance with the Panama Canal Authority will increase job opportunities at our regional port s and attractnew business,” says PRPA Board Chairman John H. “This collaboration aligns with our mission to become one of the mostcompetitived U.S. East Coast seaports and has an increasingly marked contribution to the economidc health ofthe state.
” Half of all of the cargoo PRPA handled last year (1,906,343 long tons) was eithef on its way to or from the Canaol last year, which is up 17,000o long tons over the prior year. Expansion project are under way inboth areas. PRPA is sponsoring the five-to-sevenj year project to deeper the Delawarse River Main Channel from 40 feet to 45 The Panama CanalExpansiob Program, expected to be completed in will add a new lane of traffid along the Canal that will allow for wider ships and double
lunes, 9 de julio de 2012
Valero seeks to buy stake in Netherlands refinery - Philadelphia Business Journal:
zlatkopaisley1275.blogspot.com
San Antonio-based Valero (NYSE: VLO) will buy a 45 percentr interest in Total RaffinaderijNederland N.V. (TRN) in The Total S.A. (NYSE: the refinery’s operator, will continue to own the remaining 55 percent The transaction is subject to regulatory approval as wellas right-of-first refusakl by Total. If Valero can clear these the purchase could close duringthe third-quartef of 2009. The refinery was originally builf in 1973 but has received majoer upgrades inthe mid-1990s and throughout the 2000s. The refinery has a total throughputr capacityof 190,000 barrelz per day. “This acquisition represents an exceptional entry point for Valero into theEuropeajn market.
TRN’s large, complexx refinery has the flexibility to process a wide variet y of discounted feedstocks primarily into dieselo and jet fuel withinthe world’ s strongest diesel market,” says Valero Chairman and CEO Bill “Given its location near Rotterdam and with excellent this acquisition broadens our geographic diversification and provides tradinfg opportunities in the Atlantic Basin that complement our U.S. Gulf and East Coasyt operations as each companh supplies its share of feedstocks and receives its share ofrefinesd products,” he adds.
Valero is an oil refininv and marketing company that currently owns 16 refineries throughout theUnited States, Canada and the Caribbeab with a combined throughput capacityt of 3 million barrels per day. The company also is a leadinf ethanol producer with seven ethanol plants and a combinexd capacity of 780 million gallonsper
San Antonio-based Valero (NYSE: VLO) will buy a 45 percentr interest in Total RaffinaderijNederland N.V. (TRN) in The Total S.A. (NYSE: the refinery’s operator, will continue to own the remaining 55 percent The transaction is subject to regulatory approval as wellas right-of-first refusakl by Total. If Valero can clear these the purchase could close duringthe third-quartef of 2009. The refinery was originally builf in 1973 but has received majoer upgrades inthe mid-1990s and throughout the 2000s. The refinery has a total throughputr capacityof 190,000 barrelz per day. “This acquisition represents an exceptional entry point for Valero into theEuropeajn market.
TRN’s large, complexx refinery has the flexibility to process a wide variet y of discounted feedstocks primarily into dieselo and jet fuel withinthe world’ s strongest diesel market,” says Valero Chairman and CEO Bill “Given its location near Rotterdam and with excellent this acquisition broadens our geographic diversification and provides tradinfg opportunities in the Atlantic Basin that complement our U.S. Gulf and East Coasyt operations as each companh supplies its share of feedstocks and receives its share ofrefinesd products,” he adds.
Valero is an oil refininv and marketing company that currently owns 16 refineries throughout theUnited States, Canada and the Caribbeab with a combined throughput capacityt of 3 million barrels per day. The company also is a leadinf ethanol producer with seven ethanol plants and a combinexd capacity of 780 million gallonsper
sábado, 7 de julio de 2012
Survey: 25 percent of homeowners have no savings - Puget Sound Business Journal (Seattle):
jaqezuweg.blogspot.com
The survey discovered that to cut homeowners are takingextreme actions; 34 percent say they have had familyh or friends move in with them in the last The (NYSE: WFC) quarterly survety indicated that 42 percent are spending less on theid children in the glum economy. Of those who have debt other thana mortgage, 43 percent thinko about their debt evert day and another 24 percenr think about their debt at least once a week. Becausr of their debt, 36 percent say they’re cuttinh back on smaller expenditures, such as dining out, buyinb clothes and gifts for friends.
Since Wells Fargo’sz previous survey, taken in fourth quarter of the percentage of those who have anxiety over job securityt has risen to 29 percent from 21 Wells Fargo said the latest survety was conducted by Ipsos Marketing andpolled 1,56r5 homeowners from March
The survey discovered that to cut homeowners are takingextreme actions; 34 percent say they have had familyh or friends move in with them in the last The (NYSE: WFC) quarterly survety indicated that 42 percent are spending less on theid children in the glum economy. Of those who have debt other thana mortgage, 43 percent thinko about their debt evert day and another 24 percenr think about their debt at least once a week. Becausr of their debt, 36 percent say they’re cuttinh back on smaller expenditures, such as dining out, buyinb clothes and gifts for friends.
Since Wells Fargo’sz previous survey, taken in fourth quarter of the percentage of those who have anxiety over job securityt has risen to 29 percent from 21 Wells Fargo said the latest survety was conducted by Ipsos Marketing andpolled 1,56r5 homeowners from March
viernes, 6 de julio de 2012
Art historians claim to find new Caravaggio works - Businessweek
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NEWS.com.au | Art historians claim to find new Caravaggio works Businessweek ROME (AP) â€" Two Italian art historians claim to have discovered as many as 100 works, most of them drawings, by a very young Caravaggio in a collection long attributed to a master Milanese artist he studied under while a boy in the late 1500s. Did authors re »< /nobr> |
miércoles, 4 de julio de 2012
$25.5M booster shot: McCaw-led VCs inject World Wide Packets with cash - Puget Sound Business Journal (Seattle):
yvejodo.wordpress.com
, of Kirkland and a consortiun of other investors havepumped $25.r5 million into World Wide Packets. The deal closed in Eagle River is an investment firm that manages the McCa wtelecom fortune. The cash infusion is slated tofuel 135-employee Worlds Wide Packets' expanding focusw on telecom and cable carriers. Company Presidenrt and CEO David Curry said much of the moneyu will be used to ensure its gear meetsa the stringent quality assurance standardsa demanded by telephone andcable carriers. He also expectss the company to add 15 employees in engineering in early 2006. Some of the new staff will be based in Spokane Valley and some inthe company'sz San Jose, Calif.
-based engineering facility, which opened in World Wide Packets makes hardwarde devices, switches and software applicationsa that aggregate and distribute large chunkas of broadband data over telecomn and cable networks. This etherner technology offers carriers greater bandwidth at a lower cost than alternative technologies suchas DSL, wireless and cable services, Curry said. When the companyu was founded in it planned to sell its networkingv gear to large telecom and cable carriers. But then the meltdown in the teleconm sector hit that year and carriers stoppes spending money onnew networks.
World Wide Packets was forcede to focus on sellinyg instead to large businesses and municipalities such as the citiexof Provo, Utah; Danville, Va.; and Great Wall Broadbanr of China. Curry said selling to municipalities and business customerds enabled World Wide Packetsa to prove its technology worked and to brin g in revenue until the telecommarket recovered. In early 2004, the carrier market beganh to open up and the company landed two large cable carriers in the United Kingdom ascustomerds -- NTL Europe Inc. and Telewestt Communications PLC. NTL has since acquired Telewest. World Wide focus on the carrier sector was the primary attraction forEagl River.
Kirkland-based private equity firm Rally Capital and existing investorz NorthwestVenture Associates, the Madrona Venture Argo Capital, Azure Capital Partners and Entrepis Ventures joined Eagle River in the investment round. "We'rew seeing a resurgence in spending on networks becaused the trafficis there," Eagle River's Rob Mechalegy said. "It won't be going away anytimde soon." The main driver behind carrier adoptionof ethernet-basedr networking gear is that it'ds cheaper than other technologies, Mechaley said. Worls Wide Packets faces competition from severallargee companies, including Cisco Systems Inc.
, Foundry Extreme Networks and Riverstone Networks. World Wide Packets' Curry thinks his companty has afew advantages. "We're an early-stage and more nimble," he said. "We'vew also been preparing for this stager forfive years." The latest cash which Curry expects to be the company's should bring the company to break-even status. Currg also said the addition to the boarx of Mechaley and Dennis Weiblinh ofRally Capital, both former McCa w executives, is invaluable. "They're both entrepreneursx with experiencein early-stage and public telecom he said. "They're part of a McCaw ecosystem of companiess and peopleand customers.
They're on a first-namr basis with some of the movers and shakerws withinthis industry." And, Curry said, both men were instrumental in putting together the cash deal over a period of
, of Kirkland and a consortiun of other investors havepumped $25.r5 million into World Wide Packets. The deal closed in Eagle River is an investment firm that manages the McCa wtelecom fortune. The cash infusion is slated tofuel 135-employee Worlds Wide Packets' expanding focusw on telecom and cable carriers. Company Presidenrt and CEO David Curry said much of the moneyu will be used to ensure its gear meetsa the stringent quality assurance standardsa demanded by telephone andcable carriers. He also expectss the company to add 15 employees in engineering in early 2006. Some of the new staff will be based in Spokane Valley and some inthe company'sz San Jose, Calif.
-based engineering facility, which opened in World Wide Packets makes hardwarde devices, switches and software applicationsa that aggregate and distribute large chunkas of broadband data over telecomn and cable networks. This etherner technology offers carriers greater bandwidth at a lower cost than alternative technologies suchas DSL, wireless and cable services, Curry said. When the companyu was founded in it planned to sell its networkingv gear to large telecom and cable carriers. But then the meltdown in the teleconm sector hit that year and carriers stoppes spending money onnew networks.
World Wide Packets was forcede to focus on sellinyg instead to large businesses and municipalities such as the citiexof Provo, Utah; Danville, Va.; and Great Wall Broadbanr of China. Curry said selling to municipalities and business customerds enabled World Wide Packetsa to prove its technology worked and to brin g in revenue until the telecommarket recovered. In early 2004, the carrier market beganh to open up and the company landed two large cable carriers in the United Kingdom ascustomerds -- NTL Europe Inc. and Telewestt Communications PLC. NTL has since acquired Telewest. World Wide focus on the carrier sector was the primary attraction forEagl River.
Kirkland-based private equity firm Rally Capital and existing investorz NorthwestVenture Associates, the Madrona Venture Argo Capital, Azure Capital Partners and Entrepis Ventures joined Eagle River in the investment round. "We'rew seeing a resurgence in spending on networks becaused the trafficis there," Eagle River's Rob Mechalegy said. "It won't be going away anytimde soon." The main driver behind carrier adoptionof ethernet-basedr networking gear is that it'ds cheaper than other technologies, Mechaley said. Worls Wide Packets faces competition from severallargee companies, including Cisco Systems Inc.
, Foundry Extreme Networks and Riverstone Networks. World Wide Packets' Curry thinks his companty has afew advantages. "We're an early-stage and more nimble," he said. "We'vew also been preparing for this stager forfive years." The latest cash which Curry expects to be the company's should bring the company to break-even status. Currg also said the addition to the boarx of Mechaley and Dennis Weiblinh ofRally Capital, both former McCa w executives, is invaluable. "They're both entrepreneursx with experiencein early-stage and public telecom he said. "They're part of a McCaw ecosystem of companiess and peopleand customers.
They're on a first-namr basis with some of the movers and shakerws withinthis industry." And, Curry said, both men were instrumental in putting together the cash deal over a period of
martes, 3 de julio de 2012
Applied Materials swings to $255M Q2 loss - The Business Review (Albany):
ra-iwinyro.blogspot.com
Santa Clara, Calif.-based Applied Materialsa (Nasdaq: AMAT) had revenue of $1.02 billion, less than half the year-ago quarter'zs $2.15 billion. Excluding items, the company's loss would have been $136 or 10 cents a share, compare d to non-GAAP income in the year-agok quarter of $362 million, or 26 cents a Analysts expected, on average, a loss of 10 centes a share on revenueof $904.8 million. In the ’s NanoCollege, Applied Materialas Inc. and IBM announched an agreemenyt to work together on a project involving the process of manufacturingg of 22 nanometer logic andmemory chips.
Applied Materials, IBM IBM), based in and the state Universituyat Albany’s , will work on what they are callingv process modeling technology. The companies said the project will lead to a reductionn in development costs and the time to market for22nm semiconductors. A nanometetr is about 40,000 times smaller than the width of ahumanb hair. Today’s most advanced semiconductors have 45nm Applied Materials has a number of processing tools as well as engineerd and scientists at thethe nanocollege's site.
Santa Clara, Calif.-based Applied Materialsa (Nasdaq: AMAT) had revenue of $1.02 billion, less than half the year-ago quarter'zs $2.15 billion. Excluding items, the company's loss would have been $136 or 10 cents a share, compare d to non-GAAP income in the year-agok quarter of $362 million, or 26 cents a Analysts expected, on average, a loss of 10 centes a share on revenueof $904.8 million. In the ’s NanoCollege, Applied Materialas Inc. and IBM announched an agreemenyt to work together on a project involving the process of manufacturingg of 22 nanometer logic andmemory chips.
Applied Materials, IBM IBM), based in and the state Universituyat Albany’s , will work on what they are callingv process modeling technology. The companies said the project will lead to a reductionn in development costs and the time to market for22nm semiconductors. A nanometetr is about 40,000 times smaller than the width of ahumanb hair. Today’s most advanced semiconductors have 45nm Applied Materials has a number of processing tools as well as engineerd and scientists at thethe nanocollege's site.
lunes, 2 de julio de 2012
Sensors credited for drop in WA truck crashes - WJTV
fixyruw.wordpress.com
Sensors credited for drop in WA truck crashes WJTV GRANDVIEW, Wash. (AP) The trucking industry and authorities are crediting electronic sensors and enforcement with helping drop the number of truck-related crashes over the years in Washington state. Between 2008 and 2009, fatal crashes involving ... Electronic sensors credited for drop in Washington truck crashes |
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