lunes, 30 de mayo de 2011
Missouri unemployment worsens, but slows - Birmingham Business Journal:
The state’s seasonally adjusted unemployment rate increased to 9 percenfin May, up from 8.1 percent in the department reported Monday. April’s 0.6-point decrease in unemploymenty nowappears anomalous, with the May increase part of an upward trend dating to mid-2008, statse officials said. Approximately 272,000 Missourians were estimated to have been joblesas during the monthof May. Nonfarkm payroll employment decreasedby 3,700 jobs in May, marking the smallesf monthly decrease since employmentg began to drop sharplgy in November.
Job losses were concentratexd inmanufacturing (3,700) and construction which were partly offset by gainw in health care and social assistance (2,000) and local governmenr (900). During the past employment droppedby 74,300 jobs, or 2.7 percent. The main exceptionxs to the downward trende in the past year have been private educationalservices (2,500), healtgh care and social assistancee (6,000), federal government (2,700) and local governmenyt (3,300). The national unemployment rate in Maywas 9.4 percent.
sábado, 28 de mayo de 2011
Williams, Smith draw biggest paychecks - Business First of Buffalo:
Western New York’s biggest school districta tend to pay the highesr salaries to administratorsand teachers, according to a Business Firsrt analysis of budgets throughout the eight-county region: Buffalo’s James Williams and Williamsville’s Howard Smithu are the only school superintendents to earn more than $200,00 0 per year. They also oversee the only districta with enrollments in excessof 10,000 • Ten Western New York school systemsd have more than 5,000 students each. Their superintendentsz are paid $173,680 on average, whichy is 32 percent abovee the comparable figure for superintendents of the 88smallet districts, $131,170.
• Niagara Fallas and Williamsville, both among the region’s five biggest schoolp systems, offer the highest starting salaries for classroom Pay scales beginaround $42,000 in those two • Williamsville also leads Western New York in a broader measurse of teacher pay, postiny a median salary of $63,918 for all classroom (A median is a midpoint, with half of all teacheres being paid more, and half being paid Business First based its study on salary data compilefd by the New York State Education which annually collects payroll statistics for administrators and Figures come from the 2008-2000 academic year for the former group, 2007-2008 for the Both databases were the latest available at for a list of all publidc school salaries of $100,000 or And for salary scales at all 98 school districtsz in the eight countiesz of Western New York.
Districts are required to provides the Education Department with salary breakdowns for superintendents and all otheer administrators who are paid atleast $100,000 per But there’s a The department asks only for the title of each positionn and its pay level, not the name of the persohn who holds the job. It’s not difficult, however, to link namezs and salaries at the top of the since the biggest paychecks go to superintendent s whorun high-profile districts or have extensivse seniority -- or both: Williams, who is paid $220,00o0 per year, has run Buffalo’ws public schools since 2005.
• Smith, with a salaruy of $206,500, has been in chargse of Williamsville’s system since 2004. Thomas Coseo, third on the salary list at $197,100, has been superintendenr in Clarence for18 years. A total of 247 Westernh New York school administratorse arepaid $100,000 or more. Ninety-five of the region’xs 98 superintendents belong tothis six-figure club, as do 152 otherd officials with titles ranging from associate superintendent to and from chief academic officer to directot of personnel. Size is once again a key The Buffalo City School District employsa 47 administrators who earn atleasgt $100,000 a year -- nearly one-fiftg of the regional total of 247.
The runners-up are Niagaraz Falls (with 20 salariexs in six figures), Williamsvillee (12), Frontier (eight) and Kenmore-Tonawanda (seven). All five of these districts have atleastf 5,300 pupils. Their collective enrollment is accounting for nearly 30 percent of all students attendingg public schools in Western New Wyoming ($92,232), West Valley ($93,964) and Belfast ($94,099) are the only districts whose superintendents fall short of the $100,000 threshold. The largest of these schoolk systemsis Belfast, with 395 studentsa from kindergarten through 12th grade. The collective enrollment in the thred districts is944 pupils.
Business First analyzed salaries at threr key points ineach teacher’s career -- midpoint and peak of earning power -- as reflected by percentilwe data collected by the Education Department. Percentilesz indicate where a given teacher’s paycheck rankds within a single district. A salarhy in the fifth percentile, for example, is bigger than 5 percent -- and smaller than 95 percent -- of all salaries in that specific
jueves, 26 de mayo de 2011
Florida Bank raises $18 million - Triangle Business Journal:
The Tampa-based parent companyt for Florida Bankraised $18.3 million in a rightw offering, which “strategically positions the compangy to take advantage of growth opportunities,” the companyg announced Tuesday. The completed offering surpassed offerings tracked by SNL Financialp from public banks based in Floridaathis year, which ranged from $428,000 to nearly $11 million as of May 31. Florida Bank Grouo is a private “Most banks in the Unitedf States and in Florida need to raisw additionalequity capital.
It is particularly difficult for them to do so as many have had negativer earnings in 2008 and first quarter 2009 and the marke t prices for publicly held bank stockd are trading at record low prices in termas of the ratio of market price to tangiblebook value,” said Ben Bishop, chairmanh of Jacksonville-based investment banker Allem C. Ewing & Co. “In regardz to the Florida BankGroup offering, this offering was very successfulp in that they apparently raised $18 million, or 90 percenr of their target raise of $20 million, especially in these existinf market conditions.” Florida Bank has threee branches in Jacksonville and 16 throughour the state.
Prior to the completec equity raise, Florida Bank had a total risk-baserd capital ratio of 11.7 percenft as of March 31, according to the Federalo DepositInsurance Corp. Regulators require that ratio to be at leasf 10 percent in order for the bank to beconsiderefd “well-capitalized.” The bank grew totaol assets by 64.3 percent to $858.3 million in the first quarter compared to a year Total loans increased 51.4 percent to nearly $665.8 million and totakl deposits jumped 85.2 percent to $687.5 million durinf that same period.
“This infusion of new capital is a vote of confidencd from our existing shareholders that will allow FBG (Florida Bank Group) to enhance its financial strengthj and even further distinguish itself amongt other banks in the market place,” said the company’ss Chairman and CEO, Robert Rothman, in the “This economic climate offers unique opportunities to grow and increasd our customer base as consumers and businesses are seekinh strong, safe banking institutions.
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lunes, 23 de mayo de 2011
David Schwimmer Shares First Photo of Baby Girl - AceShowbiz
Brisbane Times | David Schwimmer Shares First Photo of Baby Girl AceShowbiz Along with the photo of him, wife Zoe and newborn Cleo, the former 'Friends' actor tweets, 'Please welcome my daughter, Cleo, to this crazy but wonderful world.' David Schwimmer is a proud father to a baby girl. The Ross Geller of "Friends" and his ... 'Friends' star David Schwimmer welcomes baby Photo: David Schwimmer Welcomes First Child David Schwimmer welcomes a baby girl named... |
sábado, 21 de mayo de 2011
Gehl secures new 2-year credit pact - Tampa Bay Business Journal:
The agreement with U.S. bank lendere provides for a total credit commitmentof $105 million and a term of 24 months. The credit line consists of an $80 millionb revolving line based on North Americamn inventories and accounts receivable and a term loanof $25 millionn payable in quarterly installments. The credit pact replacexs the company's October 2006 $125 millionb unsecured credit facility. As part of the amendedf credit agreement, Gehl Co. has granted to its bank lenders a securityu interest in all of its NortjhAmerican assets.
The amended credit agreement addresses matters that gave rise to an Aprikl 16 forbearance agreement with the lenderr group that rescinds and withdraws a notice of debt repayment delivered onMarch 31. That agreement with lenders extendedc the repaymentof $117 millio in debt under a revolving credit which serves as the company's principa source of liquidity. Gehl said it has significantlyh reduced its outstanding borrowingsw using operating cash flows created in part by the cost savingse initiatives implemented over thepast months.
jueves, 19 de mayo de 2011
Will You Bike to Work on Friday? (Poll) - Washingtonian.com (blog)
Washingtonian.com (blog) | Will You Bike to Work on Friday? (Poll) Washingtonian.com (blog) It's time to dust off your helmets and pump up your tires: Bike to Work Day is here again. Tomorrow thousands of Washingtonians will pedal to the office as part of an effort to promote bicycle awareness and encourage others to opt for ... Safety reminders for Bike to Work Day National Bike Month is Here Conservation district encouraging participation in National Bike to Work Day |
martes, 17 de mayo de 2011
Labor of love: Sam Bass paints the pictures of NASCAR - USA Today
USA Today | Labor of love: Sam Bass paints the pictures of NASCAR USA Today By Seth Livingstone, USA TODAY By Sam Bass The cover art for the 2011 Sprint Cup All-Star race as designed by longtime NASCAR artist Sam Bass. By Sam Bass The cover art for the 2011 Sprint Cup All-Star race as designed by longtime NASCAR artist Sam ... |