jueves, 15 de diciembre de 2011

Indian Olympic Association to complain to IOC over Dow sponsorship - The Guardian

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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

Hindustan Times


Protest Needed Against Dow Sponsorship of Olympics: BJP MP

Daijiworld.com


India seeks removal of Dow as Olympic sponsor

Daily News & Analysis


AFP


 »

martes, 13 de diciembre de 2011

Energy Dept. awards Ohio $38.4M for energy plan - Dayton Business Journal:

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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:

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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.

martes, 6 de diciembre de 2011

Price Chopper shoppers can save money at Sunoco - Dallas Business Journal:

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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:

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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:

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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.”