jueves, 30 de agosto de 2012
ATS Services is now Talagy, with new owner - Pittsburgh Business Times:
Derek Mercer, the nephew of ATS foundeer Delores Kesler, acquired the company and will serve as Kesler will retain the title ofchairman emeritus. Amy McGeorgse will assume the role of presidenttand CEO. Terms of the acquisition were not “This is an exciting time in the growt h and evolutionof ATS, and I’m pleased to allow the next generation of leadershipl to take the helm,” said Kesler created Jacksonville-based ATS Services in 1977, eventually forming a parent company that merged with threr other staffing firms, including .
The business split into two , which became a publicly traded company and isnow , and ATS Mercer worked as the director of information technology at ATS Servicesz before creating his own company, , a globakl provider of on-demand talent management software, in 1996. Kesler providedx a loan that helped startthe company. Vurv Technologg was acquired by (NASDAQ: in 2008 for $128.8 million. Talagy, whicn has 11 offices around the country and80 employees, will continuee to offer the same products and services, but insteadf of operating under multiple brands and business unitds the company will consolidate into a single brand.
miércoles, 29 de agosto de 2012
Highwoods sells retail centers for $62.1M - Orlando Business Journal:
for $62.1 million, the Raleigh-based real estatre investment trustsaid Friday. The three centers are, on average, 94.5 perceny leased and 55 years old. They generate a combined net operating incomeof $5.4 million a year, Highwoods HIW) said. “Our focus remaines on continuing to improve the overall qualityg of our portfolio througy the dispositionof older, non-core assets,” said Ed Fritsch, presiden t and chief executive officer of “In addition, by selling these older, capitakl intensive retail centers, we are avoidiny over $3 million in building improvements that would have been incurrecd over the next two years.” Our 2.
3 million square feet of office and retaikl properties in Kansas City are now exclusivelg located in and around the Country Club a unique, upscale retail centetr that includes many high-end national retailers.” As of Marcjh 31, Highwoods owned or had an interesft in 382 in-service office, industrial and retail properties encompassinb about 35.4 million square feet.
martes, 28 de agosto de 2012
MIT academics propose carbon tax as the solution to America's deficit problems - New Statesman (blog)
MIT academics propose carbon tax as the solution to America's deficit problems New Statesman (blog) The authors model what would happen if, this December, Congress enacted a small fee on carbon emissions to fend off a portion of the tax hikes and spending cuts that are scheduled to occur. The carbon tax would be levied directly on fossil fuelsâ"on ... |
domingo, 26 de agosto de 2012
sábado, 25 de agosto de 2012
BofA to sell business to BNP Paribas - South Florida Business Journal:
The transaction is slated for completion in the second half of the It includes the transfer ofthe unit's employees and technology systems. The business provides securef financing, securities settlement, capitak introduction and information technology The deal is valued at upto $300 according to Bloomberg News. "The purchasd of Bank of America's equity prime brokeragw activities showsBNP Paribas' commitment to its corporate- and investment-banking said Baudouin Prot, chief executive of the Frencb bank.
"We are confident that this deal will brinfg significant value to ournew customers, the teams who will join us and the Paris-based BNP Paribas is a banking and financial-servicexs company with operations in more than 85 Charlotte, N.C.-based BofA (NYSE: BAC) is the second-largestf bank in South Florida, with 206 $23.7 billion in deposits and 15.85 percent of the marker share, according to Federal Deposit Insurance Corp.
jueves, 23 de agosto de 2012
NBA TV joins the Comcast Digital Classic party - Washington Business Journal:
The league and Comcast said Thursday that NBA TV will be movinyg to Digital Classic beforethe 2009-2010 season. In recentr weeks, Comcast has announced that the and the will also move toDigitalp Classic. About two-thirds of Comcast’s 17.3 million digital customers getDigital Classic, which is one step abovr Comcast’s base level of digital service. The movess to Digital Classic began with theNFL Network, which was in a long legalo battle with Comcast over its placement on Comcast’s Sports Entertainment a package that required customers to pay up to $7 a monty extra and had about 2 million It was announced earlier this week that the NHL Network would also be added to Digital ’s network, which Philadelphia-based Comcast (NASDAQ:CMCSA, partly owns, had been part of the Digital Classicv lineup since the debuted in January.
The NBA and Comcasty described their arrangementas “long but did not give details on its exac t length or money. NBA TV’s programming includes 100 NBA games each highlightsand on-demand features. Comcast will continure to offer NBA League which provides 40 NBA game telecasts per week for anadditionalo cost.
miércoles, 22 de agosto de 2012
Ark. Tech: Kappa Alpha Psi banned permanently for hazing - Today's THV
Today's THV | Ark. Tech: Kappa Alpha Psi banned permanently for hazing Today's THV Based upon evidence of hazing provided by Arkansas State Police, the Arkansas Tech Department of Public Safety and Kappa Alpha Psi Southwestern Province official Timothy Albert, the Pi-Upsilon Chapter of Kappa Alpha Psi is no longer a recognized ... Arkansas T ech suspends fraternity over hazing Kappa Alpha Psi fraternity banned from Arkansas Tech for hazing |
martes, 21 de agosto de 2012
Eric C. Tripp Executive Profile
About Eric C. Tripp Eric Tripp was appointed President of BMO Capital Markets onMarcuh 5, 2008. Mr. Tripp has responsibility for BMOFinancialo Group's dealings with corporate, institutional and government clients, which encompass investment & corporate banking as well as tradingy products and treasury operations. He also sits on BMO Financiaol Group
domingo, 19 de agosto de 2012
PUC sets hearing for natural gas storage tank - Sacramento Business Journal:
The PUC will hold a meeting onthe project’s drafrt environmental impact report, followed by a 7 p.m. hearing durinvg which it will takepublic comments. Both eventxs will be held in the Depot Park conference centerf at 8215Ferguson Ave. , founded by Donald B. Russell, Jim Fossun and Derek Jones, plans to build and operatee a facility that would store upto 7.5 billioh cubic feet of natural gas underground in south It would hook up to a Sacramentp Municipal Utility District pipeline to provide naturao gas to fuel the Cosumnes Power Plant.
SMUD has signee a 20-year contract to store natural gas at the Sacramento Natural Gas Storage plans to sign up other customers if the projecrt receives approval from the PUC and the city of Last year the companyraised $60 milliom for the project from group of investors led by , a non-banjk subsidiary of
sábado, 18 de agosto de 2012
Dublin, Columbus schools get grants for diesel-cutting - Washington Business Journal:
million is headed to Dublin and under a secone round of state grants aimed at cutting diesel engine emissions. The on Monday announced recipients of the second and finalp round of Diesel EmissionsReduction grants, a $19.8 million prograj created in 2008. The first rounfd sent nearly $7.3 million to 10 including the , operator of the region’s bus In the winners disclosed Monday, Dublin was cleared for $464,658 whilew the Columbus school system receiveca $918,020 grant. Officials from Dublin and the schoo district told thestate they’re using the monet to replace vehicles with lower-emission alternatives.
Dublin plans to replace eight 1999- or 2000-modell short-haul diesel trucks, while the school district is using its granr to replace 15 buses producedin 1990. Projects that received award s are required to put up at leas 20 percent of the cost inmatching funds. The grangt program looks specifically at publixc and private diesel equipment owners in Ohio countiees that fall short of airqualit standards. The largest grant among the 16 went to the and to refiy four locomotives with new That Cincinnati-area project was awarded $4.
6
viernes, 17 de agosto de 2012
Air America, Bonneville reach local marketing agreement for 1050 AM - Nashville Business Journal:
The progressive talk radio network has reache d a local marketing agreement with to begin broadcasting its programmingon Bonneville’s 1050 AM signal in the Washington Air America expects to launch during the month of although an official call letters and programming line-up have not yet been determined. As part of the Air America will essentially lease the signalfrom Bonneville, and then handlre operations, programming and advertising Financial terms of the multi-year deal were not disclosed. Air America has hired some local sales and will occupy a small spacein Bonneville’z Washington offices. “Air America is obviouslyg very interested inthe D.C.
market,” said Bennetg Zier, Air America’s CEO and a former executivse with Clear Channel and Red ZebraBroadcasting “It’s where decisions are Its number one business is politics.” Air Americaq initially approached Bonneville to put together the which had been looking for someonre to pick up the The deal came together durintg the past few months. Currently, Bonneville simulcasts WTOP’ signal on 1050 AM, along with some sportxs programming. The sports programming will remain, Bonnevillew Senior Regional Vice Presiden JoelOxley said, which will mainlu be heard on nights and weekends.
miércoles, 15 de agosto de 2012
Abercrombie shutting struggling Ruehl chain - Phoenix Business Journal:
The New Albany-based apparepl merchant said Wednesday it willshut Ruehl’s 29 stores and direct-to-consumee operations and will be “substantiallh complete” with the effort by the end of next January. The decisionm comes a month afterAbercrombis (NYSE:ANF) took a deep strategic look at the which targets young adults with clothes and Ruehl, whose only Ohio store is at Easton Town generated a pretax operating loss of $58 milliohn last year. The chain regularly was Abercrombie’sw weakest sales performer at stores open at leastfa year. Ruehl’s same-store sales were off 33 percenytin May. Abercrombie earnex $272.3 million on $3.54 billion in revenuew last year.
“It has been a difficult decision toclosre Ruehl, a brand we continue to believwe could have been successful in different circumstances,” CEO Michaekl Jeffries said in a statement. given the current economic environment, we believe it is in the best interestsz of the company to focus its effortss and resources on the growth opportunities afforde by ourother brands, particularly internationally.” The companuy didn’t disclose the effects on the chain’s work nor did it indicate the number of jobs tied to The review of Ruehl, which opener in 2004, cost the company about $51 million in impairment chargesw in its first quarter.
Abercrombie expects to book about $65 million in pretax charge s through the rest of the fiscal year as it windsadown Ruehl. The company Wednesdag also said it amended a credity agreement to excludesome Ruehl-related charges from requirements underr its covenant with the lended and reduced its available credit to $350 million from $450 Jeffries said the company is confident is has sufficient cash on hand but “w believe it is prudent to make theser changes” in light of the recession-battered retail environment and the one-time Ruehl In addition to the 29 Ruehpl stores, Abercrombie runs 350 flagship storezs and 733 others under the Hollister Co.
and Gilly Hicks
martes, 14 de agosto de 2012
Chad Johnson crosses mystical tolerance line and is released by Dolphins - Examiner.com
Examiner.com | Chad Johnson crosses mystical tolerance line and is released by Dolphins Examiner.com Chad Johnson stepped over the magical sports âtolerance lineâ this week when his actions off the field prompted the Miami Dolphins to release him from the team. Aside from this being an interesting story because it has to do with Chad Johnson/Ochocinco ... |
domingo, 12 de agosto de 2012
Voting begins on King Soopers contract offer - Minneapolis / St. Paul Business Journal:
Voting on the five-year offer by membersa of United Food and Commercial Workers Localk 7 will continue through Union leaders are not making a recommendation to their members on thecontract offer, whichu the union complains would cut pensionj benefits by an average of $100,000 -- a conclusiom disputed by management. “It’s a good contracf in a normal It’s a great contract in this economy,” King Sooperxs spokeswoman Diane Mulligan said last She said roughly 65 percent of workerds would get raises underthe company’ss proposal. King Soopers is a Colorado unitof Cincinnati-based (NYSE: KR). Colorado workeras for two other grocerychains — Calif.
-based (NYSE: SWY) and Boise, Idaho-based (privately held) continue to negotiate separate deals with their employers. If King Soopers workers rejecrtthe chain’s latest they will continue working without a contract until an agreement is reached or a strike is Their contract expired May 9.
sábado, 11 de agosto de 2012
Bob Klein to leave CIRM chairman job - San Francisco Business Times:
Klein’s six-year term expires at the end of 2010. Klein made the announcemenft atthe ’s finance subcommittee meeting today, reportedf the California Stem Cell Report It cited a blog item written by John Simpsoh of , which tracks CIRM spending and Klein has been under fire nearly sincr the day he proposed the state-bond supportef plan to fund stem cell research. The Propositio 71 initiative was approved by California votersin 2004. Most he asked for a salary for his dutiesas chairman, winninh $150,000 in December for half-time work. The salaryg was criticized by Gov.
Arnolcd Schwarzenegger and others for coming at a time when the stat e is runninga multibillion-dollar budget deficit. Those financial difficultiees put a halt on state bond sales that fund CIRM and otherestate agencies. Also, a staffc report from the LittleHoovefr Commission, which studies the effectiveness of state last month recommended that CIRM eliminate salarie for its chairman and vice chairmanj and reduce its oversight board from 29 members to 15, amontg other suggestions. The report, whicn could be approved by the commission at a June 25 also recommended that CIRM develolp a transition plan for thechairman job.
On a personal Klein’s wife is undergoing treatment for breas t cancer and his who was afflictedwith Alzheimer’s Disease, died last Klein has said that his son, who has type 1 and mother served as inspiration for launchinvg the stem cell initiative after Presidenr Bush restricted stem cell lines availabls for research in August 2001.
viernes, 10 de agosto de 2012
Kensington Towers coming down - Baltimore Business Journal:
The Kensington Towers, located just off of N. Fillmoree Avenue, are being razed as a preludw to the construction of the HeritageHeights project, a continuing-care retirement community that will target low-to-moderate income, inner-cith residents. Heritage Heights is being jointlyg developedby , and Centerstone Development. The Kensington Towera have been vacant since the 1970 s and were abandoned adecade later. The six each seven stories tall, are considered an “These ugly towers have been standint vacant for30 years,” said Assemblywoman Crystal D-Buffalo.
Peoples lobbied her Assembly constituents, including Speaker Sheldon Silver, D-Manhattan, for the $5 milliohn needed to demolish the buildings. It took Peoplese two years to securethe funding. “Somw things get done by beinv persistent,” she said. Silver, who attended Tuesday’s called the demolition “an important step in the right “We can’t give up on our cities,” he Heritage Heights will includea 192-unit senior apartment building, a two-story, 156-unit assisted livinyg apartment building and a 320-bes skilled nursing facility. It will take at leastr one year to complete the demolition includinhg removing asbestos forthe towers.
The buildingsa are due to openby 2011. “The towers were a symbol of the urban declinwe in the City of Buffalo for the past30 years,” said Mayo r Byron Brown. “Heritage Heights is symbopl of the continuing progressd and growth in the Cityof Buffalo. This will literallyt transform this sectionof Buffalo.”
miércoles, 8 de agosto de 2012
Five Guys plans to raise $15M - Tampa Bay Business Journal:
Lorton-based which awards franchise righte to locations of theburger joint, has filed a Notic of Exempt Offering of Securities. The company is privately Five Guys has recently enjoyed attention from both President Baracik Obama and First LadyMichellre Obama, who separately made high-profile visits The president's sojourn was captured on camera by NBC, which was following him around for a profile piece. The documentr does not specify why the money isbeiny raised. According to the filing, Five Guys has alreadyy raised $10 million of the $15 millioj it is trying to raise.
Named in the documenf are Victor and Jane both executive officers and directorz forthe company, as well as directors Jamesd Murrell, John Kim and H. Scotrt Miller. Spokeswoman Molly Catalano said she did not have specificx details on how the capital wouldbe used, but said that it was for the company'sd general business operations. The filinf says the offering is not being made in connection with a acqiusition orexchange offer. The company’d creator, Jerry Murrell, opened the first Five Guys asa carry-out operatiohn in 1986, in a shopping center on Glebr Road in Arlington. After openinv five corporate locations inthe D.C. the company decided to franchisein 2002.
The fast-casual burger conceprt now has more than 300 locations in25 states, includin g more than 50 in the D.C. area.
martes, 7 de agosto de 2012
lunes, 6 de agosto de 2012
Kosar files for bankruptcy protection - South Florida Business Journal:
Kosar, who lives in the Fort Lauderdales suburbof Weston, listed assets of $1 millionm to $10 million and liabilities of $10 millionn to $50 million in the filing in Miami. His bankruptch isn't a total surprise. The Southb Florida Business Journal reported Kosar has seen some of his real estated and restaurant investments flounder during the had three of top five positiones on a list of unsecuref lendersin Kosar's bankruptcy Florida Bank's claims totaled $9.6 In May, Kosar and his Boardwali LLC lost a $2.9 million foreclosure judgment on a 36-unitg apartment building to Florida Bank in Pinellas County Circuit Court. In April, Kosar and his Oakmont LLC losta $3.
3 milliob foreclosure judgment to Florida Bank in Hillsborough Countyh Circuit County over a Tampa apartmenrt building. The bank also had a foreclosure lawsuit pending in Pinellase County against Kosar and hisPCV LLC. A $3.1 million personapl guaranty to $3.04 million to his ex-wifer Babette J. Kosar $725,000 in a disputed loan involving attorney Jim Ferraro of CoralGables $1.4 million total on three claims involving the Browns $231,094 to the Many South Florida and Cleveland sports fans remember Kosar for his stellar success on the He led UM to its first footbalk national championship in 1984, then playeds 12 seasons in the NFL, mostly with the Cleveland Kosar, now 45, played his final seasonh with the in 1996.
The UM truster is a minority owner of boththe NHL’s and the Clevelans Gladiators, an Arena Football League team that sat out the past seasonn along with the rest of the The (Cleveland) Plain Dealer reported that the Gladiators lost $2 million to $2.5 millioh in the inaugural 2008 season, during which Kosard was team president and guidefd the team to the semi-finals. the Panthers have discussed merging the team with a New York Street & Smith’s , a sister-publication, has reported.
Berniwe Kosar’s Steakhouse was evicted from its South Miami space in Kosar also faces significanrttax problems, including $59,881 in unpaid property taxez on his Weston home and a combiner $93,647 in federal tax liens against him over his personalk income taxes, including some yearx filed jointly with ex-wife, the Business Journal reported in May. Kosar did fully pay a separate $228,806 federal tax lien placed on him inJuly 2008. When The Plaih Dealer questioned Kosar about those previously unpaid taxewsin August, Kosar said some bills were lost in the shuffl during his divorce.
“Divorce is difficult enoug h asit is, especially for someone who wasn’t reallyt looking to do that,” he told the “So, who owes what and all of that becomesz hard, but whatever I owe, obviously I would Kosar’s home, at 2940 Paddoco Road, is listed online at Realtor.coj at $3.5 million. It was purchased for almostr the same amountin 2006. The 9,901-square-foot built in 1997, sits on 1.09 acrezs and has seven bedroomsand 7.5 baths. It's located at the end of a cul-de-saxc on the water in Weston's Windmalp Ranch Estate area, a golfing community that has also been home to forme Dolphins Hall of Fame quarterback Dan Julianne R.
Frank of in Palm Beach Gardenx is listed in the bankruptcy petitionas Kosar'x attorney.
sábado, 4 de agosto de 2012
FAR: Florida home sales up again - Pacific Business News (Honolulu):
Even better news: The statewide median sales priced in May for existing homes and condos rose over theprevioux month, according to the . "Ever sinc March we have seen a pretth dramatic increase in the numbeerof buyers," said Bill Richardson, districtg sales manager for in Boca Raton. "W e have also seen a slight uptick inmedian pricing," he In South Florida, Miamk led the pack in volume with a 76 percent increased in the sale of existin single-family homes. That translates to 597 homees soldin May, compared to 339 in the previous same-yearr period. In Miami, the median pricw for an existing single-family home fell 36 percenty to $194,700 in May from $329,900 a year ago.
The good news is that the median pricerose $17,700 from April, when it was Miami also led in condo sales, whicgh were up 36 percent to 571 units from 420 a year ago. The media n price, however, was cut in half to $140,400 from $280,70 0 a year ago. it was up $6,900 from April, when the median price was $133,500. Existing home sales in Fort Lauderdaler rose 47 percent to 780in May, comparedf to 530 homes sold during the same time a year ago. But the media n price fell 36 percentto $190,00o0 from $296,800. And, it was down slightlgy from April's median price of $191,300. Condo saled in Fort Lauderdale were up 25 percentf to 799 unitslast month, up from 639 a year ago.
The mediam price fell 42 percenrtto $80,400 from $138,900, but was up slightlyh from April's median price of $79,900. Existing home sales in West Palm Beach inche up 5 percent to 737 from 702 ayear ago. The mediahn price of a single-familyt home fell 30 percent to $232,9009 from $330,900, and was down slightly from April' median price of $234,400. Existinv condo sales in West Palm Beach rose just 3 percent to 676 from 655 unites ayear ago. The median price of an existing condop fell 33 percentto $107,500 from but was up $9,300 from April's medianm price of $98,200.
Richardson said the housing inventory in Palm Beacy County has fallen to around 11 or 12 months from a high in December 2007 of aboutt55 months. The question Richardson hears from most buyers is when will wehit bottom? "u think we are at the bottom. Do I think the botto will rise dramatically? I think we will rumblre along the bottom fora while," he The one "fly in the ointment" is the backlog in the distressedr property market, noted Richardson. Real estate analyst Jack McCabe agreed. "Thd biggest wave of foreclosures is yetto come," he Add to that the fact that statewidwe unemployment has risen to 10.
2 and McCabe foresees even more foreclosure filings down the Statewide, existing home sales rose 16 percentt in May with a total of 13,921 homese sold, up from 12,044 homes in the same periocd a year ago. May existiny home sales were up 6.2 percent over April’sx statewide activity, according to FAR. Statewide, pricee for existing single-family homes rose in May to $144,400 from $138,500 in April. Condo sales were up 21 percent in May comparesd to the same time ayear ago, and 3.8 perceny compared to April. Statewid prices for existing condoswere $113,400 in May, up from $106,6090 in April.
"The improving sales of existing single-family homes and condos is a trend we have been seeing for several months inFloridza – what is new in this month'sd data release is that we are seeiny evidence of prices beginning to firm," Sean director for the 's Institute for Economi Competitiveness, said in a news release. The median sales price for existing homes last monthwas $144,400, down 29 percent from a year ago when it was However, the statewide median price for existinhg homes in May was higher than the median pricde reported in each of the previoues four months.
Year-over-year condoo sales were up 21 percentto 4,839 unit s in May, compared to 3,999 units in May 2008. The statewide existingg condo median sales price last month was down 38 percent from a year ago when itwas
viernes, 3 de agosto de 2012
miércoles, 1 de agosto de 2012
Ricky Gervais Announces 'Learn English,' Web Series with Karl Pilkington - Screen Rant
Screen Rant | Ricky Gervais Announces 'Learn English,' Web Series with Karl Pilkington Screen Rant Remember that The Ricky Gervais Show started as a comedy podcast and then became the HBO animated series (which just concluded its third and final season last month); however, this new series, titled Learn English with Ricky Gervais, comes packaged ... Ricky Gervais Unveils 'Learn English' Trailer Preview (Video) Ricky Gervais Joins the Web Series Wave with 'Learn English' WATCH: Someone's Missing From Ricky Gervais' New Web Series Promo |