http://www.digitalphone.biz/sector/17706/pg4/
The North Assembly plant, which produces Dodge Ram trucks, had been by the end of so Chrysler’s announcement Wednesday provided an exact The Fenton North plant is set to resume production June 29 untilJuly 10, Chryslee said, and then will remain idled “contingent upon volumes.” The truck segment has taken a particular hit as auto sales have declined. Dianna Gutierrez, a Chryslere spokeswoman, said workers at the plant will have an opportunith to transfer to otherf production sites or take part in an incentivw program forearly retirement, special earlu retirement program, and/or an enhanced voluntary termination program.
She didn’ have exact details of the new offer but said it would be similar to previous offers thatincluded lump-sum cash payments, vehiclew vouchers and health-care coverage. The North Plantg employed 1,200 workers prior to receng buyout offers. About 640 the buyout and early retiremenf offers by a May26 deadline. The Nortgh Assembly plant was idled in early but was one of seven plantd where Chrysler production following the idling of all its plants when it filede for Chapter 11 bankruptcyApril 30. After its brief the plant was then expected to closw fora two-week summer break the weekw of July 13 and 20.
Chrysler emerged from bankruptcy when Italian carmaker Fiat closed a deal to takeover Chrysler’sd assets. Chrysler’s South Plantt in Fenton, which assembles was idled at the endof October. Anotherr 115 of its more than 350 worker had accepted offers fromChryslerr
Thursday, March 31, 2011
Wednesday, March 30, 2011
Tortoise Capital gathers $83M for oil and gas - Kansas City Business Journal:
budimirukaovyril.blogspot.com
In a release Monday, Tortoise Capital Advisorsz said that it has equityof $82.9 million before placement agents' fees and expenses and that additional expected leveraged will give it more than $100 million in availabl e capital for Tortoise Gas and Oil. Tortoise Capital Advisors expects to have the additional capital in six to nine spokeswoman Pam Kearneysaid Tuesday. "We formed Tortoise Gas and Oil primarily to respond to the growing need by privatr andpublic U.S. energy production partnerships for timely and flexible direct placement financing to fund internall growth projects and David Schulte, managing director of Tortoise Capitalo Advisors, said in the release.
"We intend to invesr directly in privately held companiezs and publicly traded mastee limited partnerships operating primarily in the upstream and to a lesser extent themidstrean segment, of the energy sector." The upstreajm segment of the energy sector includes companies that producw crude oil, natural gas and coal from proven reserves, Tortoisw Capital said. Tortoise Capital Advisors focuses on capital marketss for master limited partnershipinvestment closed-end funds and separately managed accounts focused on MLPs in the energyh sector. It is the advisere to (NYSE: TYG), (NYSE: TYY) , TYN) and (NYSE: TTO).
Tortoise Capitaol Advisors has morethan $3 billion of energ investment assets under management.
In a release Monday, Tortoise Capital Advisorsz said that it has equityof $82.9 million before placement agents' fees and expenses and that additional expected leveraged will give it more than $100 million in availabl e capital for Tortoise Gas and Oil. Tortoise Capital Advisors expects to have the additional capital in six to nine spokeswoman Pam Kearneysaid Tuesday. "We formed Tortoise Gas and Oil primarily to respond to the growing need by privatr andpublic U.S. energy production partnerships for timely and flexible direct placement financing to fund internall growth projects and David Schulte, managing director of Tortoise Capitalo Advisors, said in the release.
"We intend to invesr directly in privately held companiezs and publicly traded mastee limited partnerships operating primarily in the upstream and to a lesser extent themidstrean segment, of the energy sector." The upstreajm segment of the energy sector includes companies that producw crude oil, natural gas and coal from proven reserves, Tortoisw Capital said. Tortoise Capital Advisors focuses on capital marketss for master limited partnershipinvestment closed-end funds and separately managed accounts focused on MLPs in the energyh sector. It is the advisere to (NYSE: TYG), (NYSE: TYY) , TYN) and (NYSE: TTO).
Tortoise Capitaol Advisors has morethan $3 billion of energ investment assets under management.
Monday, March 28, 2011
Demand drives Toll to build anew at Naval Square - Philadelphia Business Journal:
yqyqynesara.blogspot.com
Despite the housing slump, the project began in Marcn as the developer managed to sell out on its firstr phase ofthe project, defying doldrums plaguinf the residential real estate market. Kickin g off a new phase of the project comese as housing starts nationally plunged to historic according to the latest data fromthe U.S. Commerce Housing starts fell by 12.8 percentt in April to 458,000, which is considere the lowest since the government began trackinyg the data 50years ago. “It’s unique,” said Chucjk Breder, division vice president with “Even though we don’t have the investor the sales pace over the last three yearsz has beenpretty constant.
” Toll began sellinbg the first phase, which consisted of 345 at the end of 2004 and sold on average 70 units each year, Breder said. The second phase consistds of four buildings with 220 condos and a collection of74 townhouses. Buyers have shown an interesty inthe units, with Toll selling 10 townhouses in the last two The project also includes a 2,000-square-fooyt fitness and community Toll isn’t seeing sales activity like this at all of its communitiesz and has taken a beating on its Last week it reported that it saw its fiscal second-quarter loss lessen to $83.2q million, or 52 cents a share, which included pre-taxz write-downs totaling $119.6 million.
During the comparable period last year, Toll reportede a $93.7 million, or 59 cents a share, loss that includesd pre-tax write-downs totaling $288.1 million. Revenue for the quarter came inat $398.w3 million, a plunge of 51 One aspect of the project that has kept buyers traffiv strong and steady is that Navao Square has a suburban-like setting that has attracted suburbanites used to large yards and those with dogs who want room for them to The development sits on 20 acres, has mature treed and an abundance of greejn space. Toll also hasn’t had to drop asking pricesa on the condos during the past two yearsx as the housingmarket tanked. “There’s been minimal he said.
“It’s alwayz been right priced and we adjusted pricesw a couple ofyears ago. Depending on the size of a prices have rangedfrom $245 to $355 a squar foot. Phase two will complete Naval Square, which Toll boughrt in 1987. The property at 24th and Bainbridge streete is a National Historic Landmark and the first home ofthe U.S. Navapl Academy. The property had been vacant since 1977 before Toll boughtt it from thefederal
Despite the housing slump, the project began in Marcn as the developer managed to sell out on its firstr phase ofthe project, defying doldrums plaguinf the residential real estate market. Kickin g off a new phase of the project comese as housing starts nationally plunged to historic according to the latest data fromthe U.S. Commerce Housing starts fell by 12.8 percentt in April to 458,000, which is considere the lowest since the government began trackinyg the data 50years ago. “It’s unique,” said Chucjk Breder, division vice president with “Even though we don’t have the investor the sales pace over the last three yearsz has beenpretty constant.
” Toll began sellinbg the first phase, which consisted of 345 at the end of 2004 and sold on average 70 units each year, Breder said. The second phase consistds of four buildings with 220 condos and a collection of74 townhouses. Buyers have shown an interesty inthe units, with Toll selling 10 townhouses in the last two The project also includes a 2,000-square-fooyt fitness and community Toll isn’t seeing sales activity like this at all of its communitiesz and has taken a beating on its Last week it reported that it saw its fiscal second-quarter loss lessen to $83.2q million, or 52 cents a share, which included pre-taxz write-downs totaling $119.6 million.
During the comparable period last year, Toll reportede a $93.7 million, or 59 cents a share, loss that includesd pre-tax write-downs totaling $288.1 million. Revenue for the quarter came inat $398.w3 million, a plunge of 51 One aspect of the project that has kept buyers traffiv strong and steady is that Navao Square has a suburban-like setting that has attracted suburbanites used to large yards and those with dogs who want room for them to The development sits on 20 acres, has mature treed and an abundance of greejn space. Toll also hasn’t had to drop asking pricesa on the condos during the past two yearsx as the housingmarket tanked. “There’s been minimal he said.
“It’s alwayz been right priced and we adjusted pricesw a couple ofyears ago. Depending on the size of a prices have rangedfrom $245 to $355 a squar foot. Phase two will complete Naval Square, which Toll boughrt in 1987. The property at 24th and Bainbridge streete is a National Historic Landmark and the first home ofthe U.S. Navapl Academy. The property had been vacant since 1977 before Toll boughtt it from thefederal
Saturday, March 26, 2011
Crescent Resources files Chapter 11 - Charlotte Business Journal:
badillodacyroic1505.blogspot.com
The Charlotte-based development firm’s chief executive, Arthur Fields, has retired and will work with Crescenf in anadvisory capacity, the company says. Andre w Hede, Crescent’s chief restructurinb officer, has been named CEO. “Wre have been in active discussion with our lenders and other stakeholderse as we work towards an agreement that will bring our capita structure in line with the currenteconomivc environment,” Hede says. Crescent has more than 5,0000 creditors, according to its filing. Its assetse are estimated at morethan $1 The local projects listed in the Chapter 11 filin g include Piedmont Row and The Sanctuarhy at Lake Wylie.
Crescent says it intends to operater its continuing businesses without any significant interruption during therestructuringy process. The company says that’s possible because of a recentlyyobtained debtor-in-possession financing facility of $110 million from a group of its existing lenders. As part of the Chapter 11 Crescent says it seeks courtapproval “to make certain paymentxs and to maintain key agreements with customers, vendors and partners of continuing operations to ensurre the company can maintain its commitment to delivering a high leveol of amenities and services.
” Crescent says the filing is necessary to reorganizw its finances, reduce its debt level and improver its capital structure. “W intend to reach an agreement on our new capital structurre and emerge frombankruptcy quickly,” Hede The Chapter 11 petitions were filed in the U.S. Bankruptcy Courr in the Western Districtof Texas, Austin The company has 120 days from the filing date to submift a reorganization plan. A hot line has been set up as part of the Crescentr restructuringat (877) 204-8611. Attorney Eric Taube of LLP in Texas, will represent Crescent in the (NYSE:BAC), , Ranger Construction Co., and are amon Crescent’s largest unsecured creditors in Charlotte.
In April, the Charlotte Business Journal reported that Crescent had adopted an aggressivde new business strategy driven bya $1.2 billiobn term loan that must be paid in full by Septemberr 2012 — selling assetws at fire-sale prices. In October, Crescent sold 4,500 acrex in Berkeley County, S.C., to for $40 In December, the company sold a Florida apartmentr projectfor $11.35 million, less than half the $27 million it paid for the complezx three years earlier. This year, the firm has close d on the sale ofa 773-acre tracr of land in Oconee County, S.C., for just over $10 Locally, Crescent recently sold 18.4 acres in Fort Mill to a warehousingt company for $1.6 million.
The company jointly owned by and — is best known here for high-endd real estate communities such as The Peninsul and Ballantyne Country Before the Chapter11 filing, Cresceny faced payments of $50 million by the end of this $75 million in 2010 and $100 millio n in 2011 on its debt.
The Charlotte-based development firm’s chief executive, Arthur Fields, has retired and will work with Crescenf in anadvisory capacity, the company says. Andre w Hede, Crescent’s chief restructurinb officer, has been named CEO. “Wre have been in active discussion with our lenders and other stakeholderse as we work towards an agreement that will bring our capita structure in line with the currenteconomivc environment,” Hede says. Crescent has more than 5,0000 creditors, according to its filing. Its assetse are estimated at morethan $1 The local projects listed in the Chapter 11 filin g include Piedmont Row and The Sanctuarhy at Lake Wylie.
Crescent says it intends to operater its continuing businesses without any significant interruption during therestructuringy process. The company says that’s possible because of a recentlyyobtained debtor-in-possession financing facility of $110 million from a group of its existing lenders. As part of the Chapter 11 Crescent says it seeks courtapproval “to make certain paymentxs and to maintain key agreements with customers, vendors and partners of continuing operations to ensurre the company can maintain its commitment to delivering a high leveol of amenities and services.
” Crescent says the filing is necessary to reorganizw its finances, reduce its debt level and improver its capital structure. “W intend to reach an agreement on our new capital structurre and emerge frombankruptcy quickly,” Hede The Chapter 11 petitions were filed in the U.S. Bankruptcy Courr in the Western Districtof Texas, Austin The company has 120 days from the filing date to submift a reorganization plan. A hot line has been set up as part of the Crescentr restructuringat (877) 204-8611. Attorney Eric Taube of LLP in Texas, will represent Crescent in the (NYSE:BAC), , Ranger Construction Co., and are amon Crescent’s largest unsecured creditors in Charlotte.
In April, the Charlotte Business Journal reported that Crescent had adopted an aggressivde new business strategy driven bya $1.2 billiobn term loan that must be paid in full by Septemberr 2012 — selling assetws at fire-sale prices. In October, Crescent sold 4,500 acrex in Berkeley County, S.C., to for $40 In December, the company sold a Florida apartmentr projectfor $11.35 million, less than half the $27 million it paid for the complezx three years earlier. This year, the firm has close d on the sale ofa 773-acre tracr of land in Oconee County, S.C., for just over $10 Locally, Crescent recently sold 18.4 acres in Fort Mill to a warehousingt company for $1.6 million.
The company jointly owned by and — is best known here for high-endd real estate communities such as The Peninsul and Ballantyne Country Before the Chapter11 filing, Cresceny faced payments of $50 million by the end of this $75 million in 2010 and $100 millio n in 2011 on its debt.
Thursday, March 24, 2011
Phoenix One data center patents technology - Puget Sound Business Journal (Seattle):
http://www.africaribe-info.org/whatsnew.html
The company has two patents pendingb for technology installed in the and it already has customers at what once was theLe Nature’zs water-bottling operation off Loop 202 and 48th Street. Wanger, i/o’sw president, said more companies are seekiny colocation services as they look to hous e servers and backup dataat off-site facilities to save capital Companies can rent rack space in a colocation facilitg to house servers that need to be connectedr to multiple bandwidth providers. This is particularly important to businesses that want to ensurd their Web sites are up andrunning 24/7.
“Everybod is saving everything,” Wanger “You send a picture to your grandmotherthrough flickr.com, and the imagw is here and here and here.” I/o’s new centee comes at a good time for the which in the past year has seen a boom in colocatiojn centers as businesses scrap plans for their own privats centers, said David Cappuccio, chief of research of infrastructurer for Gartner Inc. “In the last year, when the economy starte d to tank, (companies) started to ask if they shoul be spending all the capital money up he said.
I/o completed the work on Phoenix One in aboutgsix months, employing an army of contractors, many of whom are stil l working on the second phase. The firsy phase is finished, but upgrades will continue until there isroughly 460,000 square feet dedicated to servers. Wangefr said they’re about they’ver already completed about halfof that. The process for developing Phoenix One started witha $56 million investmeng by Sterling Partners in Decemberf which helped i/o acquire the building on a 50-yeaer lease.
I/o moved its operation from Scottsdale, where it still has a 120,000-square-foo data center, to the Phoenix Many of the technologies first implementedeat i/o’s Scottsdale center are expandexd in the new operation. Addition s include the ThermoCabinet, a server enclosure that makeds use of cool air circulating under theraises floor. It allows the air to be drawjn up through theclosed cabinet, enablinfg more servers to be storecd within. The device allows the cabinets to stored as much as 10 times the equipment that wouldx be used in traditional datacenter operations, Wanger said. “We’re seeing people pack 5,000 square feet of data center into two he said.
The company also developed a plug systemn that works with equipment fromany It’s an easier way to distribute power and infrastructure than installing specialized equipment, Wangerf said. “This is all customer-driven,” he said. “Peoplr said they wanted access to multiple brandsof equipment.” The data center will take advantaged of features originally installed in the Le Nature’s including access to an on-site Arizonza Public Service Co. substation suppling the facility with 42 megavoltxsof electricity.
The company plans to triple that once the facility is It also usesa 7,000-ton chiller water cooling system that helps i/o reduce its powerd bill through thermal cooling. The process uses a water-geol combination that is frozen at nigh t to keep the water coolere duringthe day, Wanger said. In addition, the companh is planning a 4-megawaty solar system for the building’s roof, installed light-emitting diode s for more efficient lighting, and power-saving equipmenyt and design. The retrofit also will be submittes for certification as part ofthe U.S. Greejn Building Council’s Leadership in Energy and EnvironmentalDesigm program, Wanger said.
Phoenix once was a boomtown fordata centers, but the tech bubblew crashed many of those plans in the earl y part of the In recent years, the Vallegy has again seen increased activityu in becoming a data hub. Cappuccio said Phoenix has the same things going for it that it did 10yearsd ago: a relatively stable cost of electricity and no naturap disasters. As colocation continues to push the size of commerciakl data centersup — even as company-ownex data centers are getting smaller more companies may look at Cappuccio said. “The colocators are going to continue tolook there,” he “They are going to go where they can get the lowesy cost of a building per square foot.
”
The company has two patents pendingb for technology installed in the and it already has customers at what once was theLe Nature’zs water-bottling operation off Loop 202 and 48th Street. Wanger, i/o’sw president, said more companies are seekiny colocation services as they look to hous e servers and backup dataat off-site facilities to save capital Companies can rent rack space in a colocation facilitg to house servers that need to be connectedr to multiple bandwidth providers. This is particularly important to businesses that want to ensurd their Web sites are up andrunning 24/7.
“Everybod is saving everything,” Wanger “You send a picture to your grandmotherthrough flickr.com, and the imagw is here and here and here.” I/o’s new centee comes at a good time for the which in the past year has seen a boom in colocatiojn centers as businesses scrap plans for their own privats centers, said David Cappuccio, chief of research of infrastructurer for Gartner Inc. “In the last year, when the economy starte d to tank, (companies) started to ask if they shoul be spending all the capital money up he said.
I/o completed the work on Phoenix One in aboutgsix months, employing an army of contractors, many of whom are stil l working on the second phase. The firsy phase is finished, but upgrades will continue until there isroughly 460,000 square feet dedicated to servers. Wangefr said they’re about they’ver already completed about halfof that. The process for developing Phoenix One started witha $56 million investmeng by Sterling Partners in Decemberf which helped i/o acquire the building on a 50-yeaer lease.
I/o moved its operation from Scottsdale, where it still has a 120,000-square-foo data center, to the Phoenix Many of the technologies first implementedeat i/o’s Scottsdale center are expandexd in the new operation. Addition s include the ThermoCabinet, a server enclosure that makeds use of cool air circulating under theraises floor. It allows the air to be drawjn up through theclosed cabinet, enablinfg more servers to be storecd within. The device allows the cabinets to stored as much as 10 times the equipment that wouldx be used in traditional datacenter operations, Wanger said. “We’re seeing people pack 5,000 square feet of data center into two he said.
The company also developed a plug systemn that works with equipment fromany It’s an easier way to distribute power and infrastructure than installing specialized equipment, Wangerf said. “This is all customer-driven,” he said. “Peoplr said they wanted access to multiple brandsof equipment.” The data center will take advantaged of features originally installed in the Le Nature’s including access to an on-site Arizonza Public Service Co. substation suppling the facility with 42 megavoltxsof electricity.
The company plans to triple that once the facility is It also usesa 7,000-ton chiller water cooling system that helps i/o reduce its powerd bill through thermal cooling. The process uses a water-geol combination that is frozen at nigh t to keep the water coolere duringthe day, Wanger said. In addition, the companh is planning a 4-megawaty solar system for the building’s roof, installed light-emitting diode s for more efficient lighting, and power-saving equipmenyt and design. The retrofit also will be submittes for certification as part ofthe U.S. Greejn Building Council’s Leadership in Energy and EnvironmentalDesigm program, Wanger said.
Phoenix once was a boomtown fordata centers, but the tech bubblew crashed many of those plans in the earl y part of the In recent years, the Vallegy has again seen increased activityu in becoming a data hub. Cappuccio said Phoenix has the same things going for it that it did 10yearsd ago: a relatively stable cost of electricity and no naturap disasters. As colocation continues to push the size of commerciakl data centersup — even as company-ownex data centers are getting smaller more companies may look at Cappuccio said. “The colocators are going to continue tolook there,” he “They are going to go where they can get the lowesy cost of a building per square foot.
”
Tuesday, March 22, 2011
Scripted sales calls old fashioned, fail to connect with customers - Kansas City Business Journal:
Whirlpool ACU129PR
Geez, I have been saying this for more than 25 andI can’t believe companies still use them to sell over the OK, forget the companies themselves, let’s blame the managedr or the person who is responsible for still tryinfg to do something that everh sales trainer on the planer says does not work. Now, before I go on, do not writew or send an e-mail telling me that I am wrongt orbeing stubborn.
Instead, why don’t you try something new that is, new to you or your organization and just do what I will lay out Trust me, it has worked every single time with any big or small, that I have worked This horror of using scripts came rushingy back to me recently while working with a companuy whose stores are in every big city in the nation. The companuy is highly regarded for its ethics and is a very visiblr organization that many are familiar with because ofthe company’es longevity and brand awareness.
I was asked to come to the company’ds headquarters and look at its method of attractinv new business through its telemarketing which the company has been using for a couple of They said that although the resultas were OKat first, sales had become pretty It took me just 30 seconds to read the script that the insidw salespeople were using, and I was I talked with the company presidentt and said I could help the salespeople in just two but I needed him to let me do my job and not to interferw unless I called him in for his He agreed, but I could sense he was a bit apprehensivr about the situation and my request.
I workecd only with the manager, who was really a sellinb manager because she was on the phones herseldf at times trying to pitch in and We went into a and I spent an hour goingf over whyscripts don’t work and why she has been brainwashed to do somethingy that was against all the rulezs of professional salesmanship. She was neither thrillecd with me at this point nor happy aftefr I tookher eight-page script, rippes it up and threw it in the We role-played a little usinh real situations that she might have with her children and friends, for instance.
The goal was to show her that havinga two-sided conversation is much more useful than a one-sided She was really starting to get it, even though she kept wantingh to go back to a selling mode by doinv more talking than listening and asking questions. It was so simples that it was frightening to her that a sellinvg situation can be flexible and not just acannede speech, where she can actually have fun while conversing with a customer. The introductionm and questions I wrote out were basicv and easy for her to They were: “Hi, my name is Susan from Clientg Co., and I would like to ask you two or threes quick questions. It will not take more than 48 secondx – I promise.
“Are you familiar with our company? If yes, what aspects?? “Why are you not a member, or why did you leav e our organization?”
Geez, I have been saying this for more than 25 andI can’t believe companies still use them to sell over the OK, forget the companies themselves, let’s blame the managedr or the person who is responsible for still tryinfg to do something that everh sales trainer on the planer says does not work. Now, before I go on, do not writew or send an e-mail telling me that I am wrongt orbeing stubborn.
Instead, why don’t you try something new that is, new to you or your organization and just do what I will lay out Trust me, it has worked every single time with any big or small, that I have worked This horror of using scripts came rushingy back to me recently while working with a companuy whose stores are in every big city in the nation. The companuy is highly regarded for its ethics and is a very visiblr organization that many are familiar with because ofthe company’es longevity and brand awareness.
I was asked to come to the company’ds headquarters and look at its method of attractinv new business through its telemarketing which the company has been using for a couple of They said that although the resultas were OKat first, sales had become pretty It took me just 30 seconds to read the script that the insidw salespeople were using, and I was I talked with the company presidentt and said I could help the salespeople in just two but I needed him to let me do my job and not to interferw unless I called him in for his He agreed, but I could sense he was a bit apprehensivr about the situation and my request.
I workecd only with the manager, who was really a sellinb manager because she was on the phones herseldf at times trying to pitch in and We went into a and I spent an hour goingf over whyscripts don’t work and why she has been brainwashed to do somethingy that was against all the rulezs of professional salesmanship. She was neither thrillecd with me at this point nor happy aftefr I tookher eight-page script, rippes it up and threw it in the We role-played a little usinh real situations that she might have with her children and friends, for instance.
The goal was to show her that havinga two-sided conversation is much more useful than a one-sided She was really starting to get it, even though she kept wantingh to go back to a selling mode by doinv more talking than listening and asking questions. It was so simples that it was frightening to her that a sellinvg situation can be flexible and not just acannede speech, where she can actually have fun while conversing with a customer. The introductionm and questions I wrote out were basicv and easy for her to They were: “Hi, my name is Susan from Clientg Co., and I would like to ask you two or threes quick questions. It will not take more than 48 secondx – I promise.
“Are you familiar with our company? If yes, what aspects?? “Why are you not a member, or why did you leav e our organization?”
Sunday, March 20, 2011
Carnival Corp. posts Q2 profit - Tampa Bay Business Journal:
Haier HWR08XC7
The company (NYSE: CCL; NYSE: CUK) said on Thursday that its net incomrwas $264 million, or 33 cents a on revenue of $2.9 billion. That’s down from $390 million, or 49 centxs a share, on revenue of $3.4 billion durint the same quarter last The gainswere offset, in part, by highert fuel prices and the impactr from disruptions of its cruises to Mexico followinbg the Swine flu outbreak, which the companh said cost it about 3 centsd a share. Carnival, based in Miami, has ship departures from Tampa.
The company said that bookin volumes for the second half of the year are 26 percentr ahead oflast year, but are still behinx for the remainder of this year, and ticketr prices are substantially lower as the cruisee line continues to offer deep discounts. "Despite the soft economh and rising ratesof unemployment, we seem to have foun a price point that incentivizes consumer s to book vacations," said Carnival's Chief Operatingh Officer Howard Frank during a morning conference call.
In as oil prices fell belows $50 a barrel, Carnival dropped its fuel surcharge, saying it would reinstate the charge if oil wentabove $70 a However, during Thursday's conference call, executives said that even though pricez have risen above the $70 threshold, they have no plane at this time to add back the fuel The company now forecasts full year 2009 earninge per share to be in the rangre of $2 to $2.10, compared to its previouws guidance range of $2.10 to Shares were up $1.3 0 to $24.35 in morning trading. The 52-week high was $42.39 on 19. The 52-week low was $14.85 on Nov.
21
The company (NYSE: CCL; NYSE: CUK) said on Thursday that its net incomrwas $264 million, or 33 cents a on revenue of $2.9 billion. That’s down from $390 million, or 49 centxs a share, on revenue of $3.4 billion durint the same quarter last The gainswere offset, in part, by highert fuel prices and the impactr from disruptions of its cruises to Mexico followinbg the Swine flu outbreak, which the companh said cost it about 3 centsd a share. Carnival, based in Miami, has ship departures from Tampa.
The company said that bookin volumes for the second half of the year are 26 percentr ahead oflast year, but are still behinx for the remainder of this year, and ticketr prices are substantially lower as the cruisee line continues to offer deep discounts. "Despite the soft economh and rising ratesof unemployment, we seem to have foun a price point that incentivizes consumer s to book vacations," said Carnival's Chief Operatingh Officer Howard Frank during a morning conference call.
In as oil prices fell belows $50 a barrel, Carnival dropped its fuel surcharge, saying it would reinstate the charge if oil wentabove $70 a However, during Thursday's conference call, executives said that even though pricez have risen above the $70 threshold, they have no plane at this time to add back the fuel The company now forecasts full year 2009 earninge per share to be in the rangre of $2 to $2.10, compared to its previouws guidance range of $2.10 to Shares were up $1.3 0 to $24.35 in morning trading. The 52-week high was $42.39 on 19. The 52-week low was $14.85 on Nov.
21
Friday, March 18, 2011
Warns of socialism's encroachment in US - Danbury News Times
Air Purifiers Rancho Cucamonga
Warns of socialism's encroachment in US Danbury News Times As I recall from my high school teacher, the difference between socialism and communism is that socialists take over a country through nonviolence (elections), whereas the communists take control of a country through violent means (war). ... |
Wednesday, March 16, 2011
American Electric Power Company, Inc. Company Profile | AEP Company Information
Soleus LX-120
American Electric Power is one of the largestg electric utilities in the United delivering electricity to more than 5 million customersw in11 states. AEP ranks among the nation's largest generators of electricity, owningt nearly 38,000 megawatts of generating capacity inthe U.S. AEP also owns the nation'sd largest electricity transmission system, a nearly 39,000-mile network that includess more 765kilovolt extra-high voltagew transmission lines than all other U.S. transmissionm systems combined. AEP's transmission system directly or indirectlh serves about 10 percent of the electricityy demand in the Eastern the interconnected transmission system that covers 38 easterj andcentral U.S.
states and eastern Canada, and approximatelhy 11 percent of the electricity demand in the transmission system that covers muchof Texas. AEP'es utility units operate as AEP AEP Texas, Appalachian Power (in West Virginia), AEP Appalachian Power (in Tennessee), Indianaq Michigan Power, Kentucky Power, Public Service Company of and Southwestern Electric Power Company (in Louisiana and east Texas). AEP's headquarters are in Columbus, Ohio. For additional general information, see the 'Facts at a glance', 'AEP and 'History' sections.
For informationn about the company's business activities, see the sectiones on 'Energy marketing', 'Power plants and other 'Regulated utility operations', and our list of 'AEP Web Sites. ...
American Electric Power is one of the largestg electric utilities in the United delivering electricity to more than 5 million customersw in11 states. AEP ranks among the nation's largest generators of electricity, owningt nearly 38,000 megawatts of generating capacity inthe U.S. AEP also owns the nation'sd largest electricity transmission system, a nearly 39,000-mile network that includess more 765kilovolt extra-high voltagew transmission lines than all other U.S. transmissionm systems combined. AEP's transmission system directly or indirectlh serves about 10 percent of the electricityy demand in the Eastern the interconnected transmission system that covers 38 easterj andcentral U.S.
states and eastern Canada, and approximatelhy 11 percent of the electricity demand in the transmission system that covers muchof Texas. AEP'es utility units operate as AEP AEP Texas, Appalachian Power (in West Virginia), AEP Appalachian Power (in Tennessee), Indianaq Michigan Power, Kentucky Power, Public Service Company of and Southwestern Electric Power Company (in Louisiana and east Texas). AEP's headquarters are in Columbus, Ohio. For additional general information, see the 'Facts at a glance', 'AEP and 'History' sections.
For informationn about the company's business activities, see the sectiones on 'Energy marketing', 'Power plants and other 'Regulated utility operations', and our list of 'AEP Web Sites. ...
Sunday, March 13, 2011
Second period wrap: Hawks 2, Caps 2 - ESPN (blog)
http://www.webslum.net/article/YouTube-to-stream-IPL-III-matches-live.html
ABC News | Second period wrap: Hawks 2, Caps 2 ESPN (blog) WASHINGTON, DC -- The Chicago Blackhawks and Washington Capitals are tied 2-2 after two periods at the Verizon Center. The Hawks tied the game in the middle 20 minutes with a fourth -ine goal by Tomas Kopecky. A hard working shift paid ... Streaking Capitals stay hot against Blackhawks Blackhawks Vs. Capitals: Tomas Kopecky Scores, Game Tied At 2 After Second Period Knuble's goal gives Caps 4-3 OT win over Chicago |
Thursday, March 10, 2011
Architects, contractors feel the weight of the slowdown - Houston Business Journal:
zvonkovaleoqim.blogspot.com
Contractors turn to architectural firms to gauge how much work they have to look forwarde to and this year that pipeline of work isextremelyg light. “Workload for architects is reallyt the canary in the coal mine for the construction saidWalter P. Palmeer III, president and CEO of the Genera Building Contractors Associationin Philadelphia. “Some architectural firmd are down to three days a laid off the majority of theirr staff and several architectural institutionsgraduating five-yeae architects that have nowhere to go to get a job. That presentsz a rippling effect that comew across theconstruction industry.
Our entire board of directorxs tell me 2010 is going to be much worse than A convergence of developers delaying projectsz orhalting them, and lenders still not funding developmentw has put a squeeze on architectxs and contractors. The construction industryh has already been hit with a 12 percen decline in employment inthe five-county region betweejn 2007 and the first part of this according to the Bureau of Labot Statistics. Man hours are off by about 25 percenty fromlast year’s Palmer said.
Architects were extremely busy between 2003 and 2007 with last year consideresa peak, according to John Claypool, executive director at the Philadelphia chapter of the American Institute of Architects. Firms had a fairly long line of busineszs racked up forthe future, Claypooo said. But no more. Some architectural firms have already beenearlyu casualties. SPG3, which was involved in retailoand entertainment, has slashed its staff and launchex a major restructuring. Ted Agoos, co-founder of , saw the firsr six months of last year asthe firm’sw best, but this year is different. Doinyg a mix of projects and not focusiny on one areahas helped.
“Everyonr is busy, but it’s the big projectx that give stability,” Agoos said. The firm has takebn on smaller, shorter projects to sustain the It also cut down thework week. “The challenge we face as an industruy is everyone is burning off backlohg as fast as they canreplenish it,” said Terryg Steelman at Ballinger, a Philadelphia architectural firm. “That is all goingh to trickle down to theconstruction industry. We think 2009 has clearly been a challenging year and 2010 is going to be a very challenginyg year unless things start to happen and start tohappenj quickly.” Contractors find they need to quicklyy adjust to survive.
“Our theme for this year is to analyzs and adaptto achieve,” Palmer said. Alreadg contractors are engaging in a bidding frenzy over any project thatcomez up. Contractors are undercutting bids just to win work and inothe situations, major constructing companiesz are bidding on minuscule projects that were once the territor of small firms. “Where there used to be two or threre bidderson projects, now there are 20 and 30,” Palmert said. has “rightsized,” cuttingb 20 percent of its office andfieldr staff, said Steve Pouppirt, Clemens hasn’t gone after work for no profig just to keep Pouppirt said.
Emily Bittenbender, managing partner of , formed two new divisions as a way to ginup business. “Wde have to adapt to this Bittenbender said. “People are so optimistic that it’sd going to turn around but my concernis we’re looking out a coupler years.” Bittenbender started a sustainablee program-management business to assist government agenciees seeking stimulus funds for projects but whicu lack the staff to supporyt and oversee them. The other new busines s is a carpentry unit that will go after federa l contracts asa subcontractor.
Architectsz are also venturing into new Ballinger ramped up writing grant applicationsz for institutions seeking stimulus fundstargetinfg research. These grants require a schematic designb of what they intends to do withthe awards.
Contractors turn to architectural firms to gauge how much work they have to look forwarde to and this year that pipeline of work isextremelyg light. “Workload for architects is reallyt the canary in the coal mine for the construction saidWalter P. Palmeer III, president and CEO of the Genera Building Contractors Associationin Philadelphia. “Some architectural firmd are down to three days a laid off the majority of theirr staff and several architectural institutionsgraduating five-yeae architects that have nowhere to go to get a job. That presentsz a rippling effect that comew across theconstruction industry.
Our entire board of directorxs tell me 2010 is going to be much worse than A convergence of developers delaying projectsz orhalting them, and lenders still not funding developmentw has put a squeeze on architectxs and contractors. The construction industryh has already been hit with a 12 percen decline in employment inthe five-county region betweejn 2007 and the first part of this according to the Bureau of Labot Statistics. Man hours are off by about 25 percenty fromlast year’s Palmer said.
Architects were extremely busy between 2003 and 2007 with last year consideresa peak, according to John Claypool, executive director at the Philadelphia chapter of the American Institute of Architects. Firms had a fairly long line of busineszs racked up forthe future, Claypooo said. But no more. Some architectural firms have already beenearlyu casualties. SPG3, which was involved in retailoand entertainment, has slashed its staff and launchex a major restructuring. Ted Agoos, co-founder of , saw the firsr six months of last year asthe firm’sw best, but this year is different. Doinyg a mix of projects and not focusiny on one areahas helped.
“Everyonr is busy, but it’s the big projectx that give stability,” Agoos said. The firm has takebn on smaller, shorter projects to sustain the It also cut down thework week. “The challenge we face as an industruy is everyone is burning off backlohg as fast as they canreplenish it,” said Terryg Steelman at Ballinger, a Philadelphia architectural firm. “That is all goingh to trickle down to theconstruction industry. We think 2009 has clearly been a challenging year and 2010 is going to be a very challenginyg year unless things start to happen and start tohappenj quickly.” Contractors find they need to quicklyy adjust to survive.
“Our theme for this year is to analyzs and adaptto achieve,” Palmer said. Alreadg contractors are engaging in a bidding frenzy over any project thatcomez up. Contractors are undercutting bids just to win work and inothe situations, major constructing companiesz are bidding on minuscule projects that were once the territor of small firms. “Where there used to be two or threre bidderson projects, now there are 20 and 30,” Palmert said. has “rightsized,” cuttingb 20 percent of its office andfieldr staff, said Steve Pouppirt, Clemens hasn’t gone after work for no profig just to keep Pouppirt said.
Emily Bittenbender, managing partner of , formed two new divisions as a way to ginup business. “Wde have to adapt to this Bittenbender said. “People are so optimistic that it’sd going to turn around but my concernis we’re looking out a coupler years.” Bittenbender started a sustainablee program-management business to assist government agenciees seeking stimulus funds for projects but whicu lack the staff to supporyt and oversee them. The other new busines s is a carpentry unit that will go after federa l contracts asa subcontractor.
Architectsz are also venturing into new Ballinger ramped up writing grant applicationsz for institutions seeking stimulus fundstargetinfg research. These grants require a schematic designb of what they intends to do withthe awards.
Tuesday, March 8, 2011
New epoch for revolutions begins - Press TV
friends-unitgoods.blogspot.com
Payvand | New epoch for revolutions begins Press TV Modern nation is full of epochs when multiple nations drew inspiration from their neighbors and comrades. The French and American revolutions, both imperial and anti-imperial, fed off each other. Following World War I, the Russian Revolution and the ... Kenya: Uprising Heralds Beginning of the End of Al-Qaeda |
Saturday, March 5, 2011
Kingpin investors raise energy stakes - Pittsburgh Business Times:
http://www.i-amfaithweb.net/gog_magog.htm
A bevy of high-profile asset managers and hedgs fund gurus returned to buyiny mode after taking financial lumps in the secone half of 2008 when the value of energy company shares tanked alonf with the price of oil andnatural gas. Prominen investors such as all-star asset managert Paul Tudor Jones, energy maverick T. Boone Pickends and hedge fund investoer George Soros dipped their toes in the energy pool once againn and grabbed multiple stakes inHouston companies, accordin g to regulatory statements filed this month. Jones, who oversees Tudo Investment Corp.
, found bargains in 10 Houston-based energy companies or major players with a significant presence in the and also took a new positiomn in WasteManagement Inc., still a big favorite of Microsoft Corp. founder Bill Gates. who has spent the past 12 months lobbying for his plan to help the country kick the importedoil habit, still knowa a fossil-fuel bargain when he sees one. The Texaa oil maven took new positionzs in a wide range of energy companieswith beaten-down stock prices at the end of a year that the bellwethedr Philadelphia Oil Service Index dipped nearly 60 Pickens dabbled in services playeras such as Schlumberger Ltd. and Halliburton Co.
, natural gas shale producer ChesapeakwEnergy Corp. and high-profile exploration and production company Anadarko Petroleum Soros took even bigger bites in the gaining new positions in services playerd NaborsIndustries Ltd. and Weatherford International Inc. after selling off his Schlumbergerstaks — while adding to his positionn in . Besides his substantial switchinto Weatherford, Sorows made another big move in late April involving a Houston-basedc company by adding 3 million more shares of Plains Exploratiom and Production Co., boosting his stakd to nearly 6.
5 million Energy analysts and asset investment managers who follow thesse movers and shakers say that afterr energy stock prices kept climbing in 2007 toward loftyg highs in mid-2008, it’s been a while sincwe the notion of value investing could be applied to the “Timing is everything,” says Eddie Allen, senior partner with Eaglr Global Advisors LLC. “There may have been an over-reactionn in the fall with the sell-off of oil There’s still a lot of volatility to deal but these investors did well in anticipating therise (in oil that we’ve seen so far this year, from the mid-$30xs to $60.
” Allen says that value investors are still playing a bit of a waiting game. He notees that stock prices are down, natural gas has not followede oil’s recovery in 2009, and there are concerns that prices could stay depressed asinventorieas build. There is also more he adds, about possibl consolidation as mid-cap exploration and production companies eye the pickingsd amongsmaller competitors. Dan co-president and head of researchat Tudor, Holt & Co. Securitiee Inc.
, says Pickens, Soros and Tudor might have even added more shares durinh the quarter if energy stocks had not rallied and moved a bit higherthan “The market took off so strongly in the firsr quarter that investors took a pause waitingb for a pullback that never came. They might have wanted more but the stockd got away a little bit on the Pickering says. All things considered, energuy was the hottest investment gamein town. Says “The overall theme here is that investors became reengageein energy, which dramatically out-performed the rest of the market in the firstf quarter, as people were just less terrifief about the state of the worldf (economy).
” The energy resurgence partyh had some notable no-shows. While Pickensd and Soros were pickingnew favorites, othere big-name investors were still cleaningg house. Warren Buffett sold 13.7 million ConocoPhillips shares in the quarter to reduce his stake to a stillsizablse 71.2 million shares. Buffet conceded to shareholder s of his BerkshireHathaway Inc. assetr management firm that his huge investmenr in ConocoPhillips last year when oil priced peakedat $147 a barrel was a
A bevy of high-profile asset managers and hedgs fund gurus returned to buyiny mode after taking financial lumps in the secone half of 2008 when the value of energy company shares tanked alonf with the price of oil andnatural gas. Prominen investors such as all-star asset managert Paul Tudor Jones, energy maverick T. Boone Pickends and hedge fund investoer George Soros dipped their toes in the energy pool once againn and grabbed multiple stakes inHouston companies, accordin g to regulatory statements filed this month. Jones, who oversees Tudo Investment Corp.
, found bargains in 10 Houston-based energy companies or major players with a significant presence in the and also took a new positiomn in WasteManagement Inc., still a big favorite of Microsoft Corp. founder Bill Gates. who has spent the past 12 months lobbying for his plan to help the country kick the importedoil habit, still knowa a fossil-fuel bargain when he sees one. The Texaa oil maven took new positionzs in a wide range of energy companieswith beaten-down stock prices at the end of a year that the bellwethedr Philadelphia Oil Service Index dipped nearly 60 Pickens dabbled in services playeras such as Schlumberger Ltd. and Halliburton Co.
, natural gas shale producer ChesapeakwEnergy Corp. and high-profile exploration and production company Anadarko Petroleum Soros took even bigger bites in the gaining new positions in services playerd NaborsIndustries Ltd. and Weatherford International Inc. after selling off his Schlumbergerstaks — while adding to his positionn in . Besides his substantial switchinto Weatherford, Sorows made another big move in late April involving a Houston-basedc company by adding 3 million more shares of Plains Exploratiom and Production Co., boosting his stakd to nearly 6.
5 million Energy analysts and asset investment managers who follow thesse movers and shakers say that afterr energy stock prices kept climbing in 2007 toward loftyg highs in mid-2008, it’s been a while sincwe the notion of value investing could be applied to the “Timing is everything,” says Eddie Allen, senior partner with Eaglr Global Advisors LLC. “There may have been an over-reactionn in the fall with the sell-off of oil There’s still a lot of volatility to deal but these investors did well in anticipating therise (in oil that we’ve seen so far this year, from the mid-$30xs to $60.
” Allen says that value investors are still playing a bit of a waiting game. He notees that stock prices are down, natural gas has not followede oil’s recovery in 2009, and there are concerns that prices could stay depressed asinventorieas build. There is also more he adds, about possibl consolidation as mid-cap exploration and production companies eye the pickingsd amongsmaller competitors. Dan co-president and head of researchat Tudor, Holt & Co. Securitiee Inc.
, says Pickens, Soros and Tudor might have even added more shares durinh the quarter if energy stocks had not rallied and moved a bit higherthan “The market took off so strongly in the firsr quarter that investors took a pause waitingb for a pullback that never came. They might have wanted more but the stockd got away a little bit on the Pickering says. All things considered, energuy was the hottest investment gamein town. Says “The overall theme here is that investors became reengageein energy, which dramatically out-performed the rest of the market in the firstf quarter, as people were just less terrifief about the state of the worldf (economy).
” The energy resurgence partyh had some notable no-shows. While Pickensd and Soros were pickingnew favorites, othere big-name investors were still cleaningg house. Warren Buffett sold 13.7 million ConocoPhillips shares in the quarter to reduce his stake to a stillsizablse 71.2 million shares. Buffet conceded to shareholder s of his BerkshireHathaway Inc. assetr management firm that his huge investmenr in ConocoPhillips last year when oil priced peakedat $147 a barrel was a
Thursday, March 3, 2011
Kyle bans K2, restricts use of certain paraphernalia - Austin American-Statesman (blog)
haygoodfoafyga1359.blogspot.com
Kyle bans K2, restricts use of certain paraphernalia Austin American-Statesman (blog) By the City of Kyle | Thursday, March 3, 2011, 09:24 AM The Kyle City Council voted to approve an ordinance that would regulate the sale and use of Salvia Divinorum and K2 within the Kyle city limits. The ordinance also addresses the sale and use of ... |
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