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The Atlanta-based lighting products company had net incomeof $22 milliobn and earnings of 53 cents a share, comparef with net income of $41.11 million and earnings of $1 a share in the thirde quarter of 2008. Sales for the periodx fell 23 percentto $396.6 million. The results for the thirds quarter of 2009 also were impacted by higher raw material andcomponent costs, which were nearly $8 millioj higher than the prior year period. “Net sales for the thirds quarter of 2009 continued to be impactef by the significant decline inconstructiojn activity, particularly in key markets such as commercial and officed buildings,” said Vernon J.
Nagel, chairman, president, and CEO of Acuity in an earnings release. “Neew construction continues to be impacted by lowefr economic activity and tight credit markets for real estate We were able to partially mitigate the impacft oflower sales, including realizing benefits from our continuou s improvement initiatives and on-going streamlining efforts while continuing to invest in innovative and energy-efficientr products.
” Acuity Brands (NYSE: AYI) owns and operates Acuity Brands Lighting, whose brands include Lithonia Lighting, Holophane, Peerless, Mark Architectural Lighting, American Electric Lighting, Gotham, Carandini, SpecLight, MetalOptics, Antiquw Street Lamps, RELOC, Lighting Control and Design, SAERIS, ROAM and Synergu Lighting Controls. It also owns and Acuitt Brands TechnologyServices Inc.
Saturday, April 21, 2012
Thursday, April 19, 2012
ABQ ranked among 10
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“Kirtland Air Force Base, and Intel Corp. have helped develop the area andresearch hub. They provide a stabls anchor for the local the magazine said in itsonline edition. Otherd cities that made the magazine’ s top 10 list include Auburn, Ala.; Texas; Boise, Idaho; La Wis., and Loveland, Colo. The citied were listed alphabetically. The magazine will publisu the full article in its July The online article notedthat Albuquerque’se “sunny climate and endless landscape have long drawbn writers, poets and artists to this spot, whichb includes an unconventional mix of American Indian, and Anglo cultures.” To rate the U.S.
News looked at criteriz such asjob climate, precipitation, housing prices, education, income, availability of health the cost of living and the unemploymengt rate. Albuquerque Mayor Martim Chavez and city business leaderw on Tuesday laudedthe ranking. For more, visiyt www.usnews.com/bestplaces
“Kirtland Air Force Base, and Intel Corp. have helped develop the area andresearch hub. They provide a stabls anchor for the local the magazine said in itsonline edition. Otherd cities that made the magazine’ s top 10 list include Auburn, Ala.; Texas; Boise, Idaho; La Wis., and Loveland, Colo. The citied were listed alphabetically. The magazine will publisu the full article in its July The online article notedthat Albuquerque’se “sunny climate and endless landscape have long drawbn writers, poets and artists to this spot, whichb includes an unconventional mix of American Indian, and Anglo cultures.” To rate the U.S.
News looked at criteriz such asjob climate, precipitation, housing prices, education, income, availability of health the cost of living and the unemploymengt rate. Albuquerque Mayor Martim Chavez and city business leaderw on Tuesday laudedthe ranking. For more, visiyt www.usnews.com/bestplaces
Tuesday, April 17, 2012
Stimulus helps boost projects for low-income clinics - Memphis Business Journal:
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The money couldn’t come at a better say officials at the federallyqualifiee centers. Their budgets call for the renovationn of at least four the acquisition of property for anew women’d health program, upgraded computer software and equipmen t for dentistry, opthamology and prenatal care. “Oure capacity is maxed out,” says Mary Bufwack, chief executiv e officer of United NeighborhoodHealth Services, whicyh runs six neighborhood clinics, five primary school clinics and two homelessz clinics. “We have growing numbers of uninsured peopler because they are losing theirjobs and, in some the health insurance at work is becomingf unaffordable.
” Currently serving 25,000 patients a year, United Neighborhoos expects to receive about $1 million, whicb it has earmarked for renovations of two clinics, at 905 Main St. and 617 Soutb Eighth St. It also has plans to purchasse ultrasound and other prenatal To achievefederal status, health centeres must provide comprehensive healthh care, be located in a designated high-neef community and adjust fees based on a patient’s ability to pay. They must also be governedc by a community Under the American Recoveryt andReinvestment Act, health centerws nationwide are scheduled to receivde $2 billion in 2009 and 2010.
The first disbursement was in Marchfor $388 million and paid for new longer hours for existing employees and some Tennessee’s 24 health centeras received $6.5 million in The three in Nashville received $1.3 million. “Ic we hadn’t received this money, thes projects would be on hold,” says Jeff McKissack, CEO of Matthew Walker Comprehensive Health Care which has a clinic at 103514th Ave. N. and anotherd in Clarksville, as well as a school clinic in Pearl-Cohn Magneg High School and a health cooperative atMetro Center. Walker Comprehensive is schedulerd toreceive $1.2 million in stimulusx funds.
It plans to expand its two clinics, digitizee patient records, purchase eye and dental equipmentr and buy a bonedensitty machine. “Right now we’re in double-digit growth from wherew we were threeyears ago,” McKissack says. “W have an opportunity to createbetter access.” Health centers in Nashville provided medical care to 55,009 people last year, about 40 percentr of whom were uninsured. Roughlgy 40 percent were on TennCare, and the rest had a mix of Medicaids and privateinsurance coverage. Bonnie Pillon, executive directof of University CommunityHealth Services, whichh runs the Vine Hill Outpatient Clinic at 601 Bentoj Ave.
and a handful of smallere programs, expects about $500,000 in stimulus money. About half of that money will pay to leas e a new building to house VineHill women’xs health program, Pillon says. The rest is earmarkexd for renovationsto pediatrics, dentistry and the waitinh room. Physicians at Vine Hill deliver abouft 500 babiesa year, Pillobn says. The new building shouls increase capacityto 600. In March, Vine Hill received $193,000 that it used to expand pediatrid care from three days a weekto six. It also hired a dentist, a dental assistant and a nurse.
The need for medicalp services for the uninsured and underinsurefd is greaterthan ever, says Katht Wood-Dobbins, CEO of the Tennessee Primarhy Care Association, which represents health She says much of the increaser demand is for mental health servicees and dental care. Health centers in Nashville report that abouf 90 percent of their patientzs are withoutdental insurance. “Especially in the last two years, with the downturj in the economy, ... (health centers) are playing a crucial role,” she says.
The money couldn’t come at a better say officials at the federallyqualifiee centers. Their budgets call for the renovationn of at least four the acquisition of property for anew women’d health program, upgraded computer software and equipmen t for dentistry, opthamology and prenatal care. “Oure capacity is maxed out,” says Mary Bufwack, chief executiv e officer of United NeighborhoodHealth Services, whicyh runs six neighborhood clinics, five primary school clinics and two homelessz clinics. “We have growing numbers of uninsured peopler because they are losing theirjobs and, in some the health insurance at work is becomingf unaffordable.
” Currently serving 25,000 patients a year, United Neighborhoos expects to receive about $1 million, whicb it has earmarked for renovations of two clinics, at 905 Main St. and 617 Soutb Eighth St. It also has plans to purchasse ultrasound and other prenatal To achievefederal status, health centeres must provide comprehensive healthh care, be located in a designated high-neef community and adjust fees based on a patient’s ability to pay. They must also be governedc by a community Under the American Recoveryt andReinvestment Act, health centerws nationwide are scheduled to receivde $2 billion in 2009 and 2010.
The first disbursement was in Marchfor $388 million and paid for new longer hours for existing employees and some Tennessee’s 24 health centeras received $6.5 million in The three in Nashville received $1.3 million. “Ic we hadn’t received this money, thes projects would be on hold,” says Jeff McKissack, CEO of Matthew Walker Comprehensive Health Care which has a clinic at 103514th Ave. N. and anotherd in Clarksville, as well as a school clinic in Pearl-Cohn Magneg High School and a health cooperative atMetro Center. Walker Comprehensive is schedulerd toreceive $1.2 million in stimulusx funds.
It plans to expand its two clinics, digitizee patient records, purchase eye and dental equipmentr and buy a bonedensitty machine. “Right now we’re in double-digit growth from wherew we were threeyears ago,” McKissack says. “W have an opportunity to createbetter access.” Health centers in Nashville provided medical care to 55,009 people last year, about 40 percentr of whom were uninsured. Roughlgy 40 percent were on TennCare, and the rest had a mix of Medicaids and privateinsurance coverage. Bonnie Pillon, executive directof of University CommunityHealth Services, whichh runs the Vine Hill Outpatient Clinic at 601 Bentoj Ave.
and a handful of smallere programs, expects about $500,000 in stimulus money. About half of that money will pay to leas e a new building to house VineHill women’xs health program, Pillon says. The rest is earmarkexd for renovationsto pediatrics, dentistry and the waitinh room. Physicians at Vine Hill deliver abouft 500 babiesa year, Pillobn says. The new building shouls increase capacityto 600. In March, Vine Hill received $193,000 that it used to expand pediatrid care from three days a weekto six. It also hired a dentist, a dental assistant and a nurse.
The need for medicalp services for the uninsured and underinsurefd is greaterthan ever, says Katht Wood-Dobbins, CEO of the Tennessee Primarhy Care Association, which represents health She says much of the increaser demand is for mental health servicees and dental care. Health centers in Nashville report that abouf 90 percent of their patientzs are withoutdental insurance. “Especially in the last two years, with the downturj in the economy, ... (health centers) are playing a crucial role,” she says.
Monday, April 16, 2012
Quirky Chevy Avalanche Reaches End of Line - Wall Street Journal (blog)
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Quirky Chevy Avalanche Reaches End of Line Wall Street Journal (blog) By Jonathan Welsh After a decade of rolling to its own peculiar beat the Chevrolet Avalanche crossover pickup truck is headed out to pasture. Chevy said it will end production of the vehicle with a 2013 special edition model called the Black Diamond. |
Saturday, April 14, 2012
Huntington restructures Franklin relationship - Business First of Columbus:
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The restructuring ends a troubled lending relationshio withJersey City, N.J.-based Franklin that Huntington inherited with its July 2007 acquisitionm of The bank had $1.5 billion in loans to Franklin following the Sky but has lost hundreds of millionss of dollars as it has writtej off the loans because the underlying collateralp – risky mortgages – has lost value. Aftere an allowance for further lossea on themortgage loans, Huntington’s arrangement with Franklin resultee in the bank acquiring $494 million in first- and second-lien mortgaged and $80 million in residential properties owned by The acquisition of the underlying collateral allows Huntingtonm more flexibility in collecting or refinancing the loans and in sellinvg foreclosed properties backing the residentiapl loans, Huntington CEO Stephen Steinour said in an intervieaw with Columbus Business First.
For Huntington may wave prepayment penalties on the mortgages where Franklin mighg not have and can offer more flexiblre options for refinancing than Franklin mightthave allowed, he said. “We believe that we will maximizre for the foreseeable future the realizable value of the portfolil in ways thatFranklin couldn’t,” he said. Taking ownershil of the loans could also give Huntington the option of pooling some or all of them and then sellinyg them off to investors througjthe government’s Public-Private Investment Program , Steinour “If it makes sense to shareholders to put some or all of this portfolioi in, we’d do it,” he said.
The announced March 23, backs loans or issues debt to help investor fund purchases of troubled assets from Although the restructuring winds up the commercial loanasto Franklin, the arrangement does not eliminatee the risk of furthe losses on the residential loans if more of thos borrowers stop paying their mortgages. Terms of the restructurint set up a new agreemeng for Franklin to continue servicing thetroublerd loans.
The restructuring ends a troubled lending relationshio withJersey City, N.J.-based Franklin that Huntington inherited with its July 2007 acquisitionm of The bank had $1.5 billion in loans to Franklin following the Sky but has lost hundreds of millionss of dollars as it has writtej off the loans because the underlying collateralp – risky mortgages – has lost value. Aftere an allowance for further lossea on themortgage loans, Huntington’s arrangement with Franklin resultee in the bank acquiring $494 million in first- and second-lien mortgaged and $80 million in residential properties owned by The acquisition of the underlying collateral allows Huntingtonm more flexibility in collecting or refinancing the loans and in sellinvg foreclosed properties backing the residentiapl loans, Huntington CEO Stephen Steinour said in an intervieaw with Columbus Business First.
For Huntington may wave prepayment penalties on the mortgages where Franklin mighg not have and can offer more flexiblre options for refinancing than Franklin mightthave allowed, he said. “We believe that we will maximizre for the foreseeable future the realizable value of the portfolil in ways thatFranklin couldn’t,” he said. Taking ownershil of the loans could also give Huntington the option of pooling some or all of them and then sellinyg them off to investors througjthe government’s Public-Private Investment Program , Steinour “If it makes sense to shareholders to put some or all of this portfolioi in, we’d do it,” he said.
The announced March 23, backs loans or issues debt to help investor fund purchases of troubled assets from Although the restructuring winds up the commercial loanasto Franklin, the arrangement does not eliminatee the risk of furthe losses on the residential loans if more of thos borrowers stop paying their mortgages. Terms of the restructurint set up a new agreemeng for Franklin to continue servicing thetroublerd loans.
Thursday, April 12, 2012
Berkshire Hills faces new rival to buy CNB Financial - The Business Review (Albany):
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Berkshire, the Pittsfield, Mass-based parengt of , and CNB, the parent of in Mass., first announced merger planesApril 29. Berkshire wouldd pay about $8.50 a share in stock for CNB. on May 13, Inc. (Nasdaq: UBNK) of West Springfield offere d $10 a share for the Worcester Aweek later, Berkshirew and CNB announced revised merger which were approved by the boards of both CNB stockholders would receivs 0.4292 shares of Berkshire common stock (Nasdaq: BHLB) for each share of CNB commo n stock (OTC: CFNA). Based on Berkshire’x June 1 closing price, the deal has a current valueof $9.
27 a Although this is still below what Unitedr offered, CNB said its board determined that United’sx bid did not constitutd a “superior proposal.” Among its considerationx was the fact that the United offered a fixed whereas Berkshire’s offer will fluctuat with changes in Berkshire’s market But on May 26, United upped its offefr to $10.25 a share. A few days CNB issued a statement saying it had enterex into discussions with Unitedand another, unnamed bank that had made an unsolicite offer. It said the agreement with Berkshire remainsin effect, and that it could not entere into an agreement with one of the other bankas unless that pact was firs terminated.
CNB may not unilaterally terminate the deal with Berkshire to accept asuperior proposal, but Berkshirr may call off the deal if the CNB boared fails to recommend it to CNB shareholders themselves may nix the deal by votingf against it. “We believe that our offer to CNB is fairlyy priced and that it continues to be a superior saidMichael Daly, president and CEO of Berkshire. “The sharee exchange that we have agreed to offers the best long run investmentf opportunity for the stockholdersof
Berkshire, the Pittsfield, Mass-based parengt of , and CNB, the parent of in Mass., first announced merger planesApril 29. Berkshire wouldd pay about $8.50 a share in stock for CNB. on May 13, Inc. (Nasdaq: UBNK) of West Springfield offere d $10 a share for the Worcester Aweek later, Berkshirew and CNB announced revised merger which were approved by the boards of both CNB stockholders would receivs 0.4292 shares of Berkshire common stock (Nasdaq: BHLB) for each share of CNB commo n stock (OTC: CFNA). Based on Berkshire’x June 1 closing price, the deal has a current valueof $9.
27 a Although this is still below what Unitedr offered, CNB said its board determined that United’sx bid did not constitutd a “superior proposal.” Among its considerationx was the fact that the United offered a fixed whereas Berkshire’s offer will fluctuat with changes in Berkshire’s market But on May 26, United upped its offefr to $10.25 a share. A few days CNB issued a statement saying it had enterex into discussions with Unitedand another, unnamed bank that had made an unsolicite offer. It said the agreement with Berkshire remainsin effect, and that it could not entere into an agreement with one of the other bankas unless that pact was firs terminated.
CNB may not unilaterally terminate the deal with Berkshire to accept asuperior proposal, but Berkshirr may call off the deal if the CNB boared fails to recommend it to CNB shareholders themselves may nix the deal by votingf against it. “We believe that our offer to CNB is fairlyy priced and that it continues to be a superior saidMichael Daly, president and CEO of Berkshire. “The sharee exchange that we have agreed to offers the best long run investmentf opportunity for the stockholdersof
Tuesday, April 10, 2012
CareWorks deal for Plannet Group shines amid dull economy - Silicon Valley / San Jose Business Journal:
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, a homegrown tech compant with agrowing clientele, was acquired May 21 by Dublin-basef , which plans to add high-paying jobs to support the purchase over the coming year. Terms of the deal betweenb the privately heldcompanie weren’t disclosed. The sale also freese Plannet Group founder Jim Mazotasw to start another tech operationn that could begin hirinyg over the coming yearas “This first rush to the finisn line ended on a positive Mazotas said. “And it looks like ther is going to be another onepast this.” The 39-year-olf Mazotas has been runningv the race for seven years. He founded Planner Group in 2002 to develop network security andmanagemeng software.
He started the business after becomingf unhappy with the direction of the softwarwe development company where hadhe worked. Mazotas decideed to focus on developing a program that could help computefr network managers visually manage their rather than forcing them to search through linese of codefor problems. He calledf the program Mission Control and financecd Plannet Groupwith $70,000 from savings and a second He focused on government clients – includingf the city of Columbus and Cuyahogsa County – because of the large computer networks they maintain.
Mazotas also moved into the gaming industry in March after signing a contractwith , ownefr of the Indiana Live Casino outsided Indianapolis. Mission Control is what attractedCareWorks Technologies, said President Todd Part of the CareWorks Family of Companies, a compensation management company in Dublin, CareWorks Technologie provides information technology servicee to a broader client base than the parent company. Cameronm said the addition of Plannety Group and its services should increasee revenue at CareWorks Technologies by 25 percenrtthis year, although he declinexd to be specific about either company’ds financials.
“We hope it growx exponentiallyafter that,” Cameron said. doesn’t have a sales team at all andwe do. It’s a diamonfd in the rough.” Mazotas said the lack of a salezs team athis 10-employee companyh was one of the reasons he decided to He said the firm reached a “tipping point” in early 2008 after hearinyg interest from other companies looking to purchased Plannet Group, including one from out of state. “Shoulfd we continue as we were or take the next Mazotas said. “We wanted to get (Plannety Group) to the maturity that could be founxd by linking up with a companylike CareWorks.
” It’sd fortunate for the region and its tech communityh that a local company boughgt Plannet Group, said Ted Ford, CEO of , the industr y advocacy group that housed Planne Group at its businesss incubator from 2005 to 2008. “Irf you define success as keeping jobs in the area and continuinb with a foundationfor growth, then this is a Ford said. “The goal is to grow technologtyjobs here, and Columbus is becomingg a very good place to do that sort of All of Plannet Group’s Hilliard-based employees have joinedr CareWorks in Dublin and, over the next likely will be joined by five to 10 hires, Cameronh said.
Those jobs likely will pay between $70,000 and $100,000 a While Mazotas is joining CareWorks, he does so as a His primary focus will be on his nextventure . Mazotas is building OnGuard around a behavioralp analysis security tool that flage suspicious patterns that could harm a computer A patent is being sought on the Mazotas said, and CareWorks Technologies has investedx in the new business. By the time the product is ready for general releaswin 2010, Mazotas hopes to have a 25- to 30-worker payroll. Mazotas hopes he will be telling a similar storyt a yearfrom now. “Ig just goes to show that little guys can have a home he said. “Even in this economy.
”
, a homegrown tech compant with agrowing clientele, was acquired May 21 by Dublin-basef , which plans to add high-paying jobs to support the purchase over the coming year. Terms of the deal betweenb the privately heldcompanie weren’t disclosed. The sale also freese Plannet Group founder Jim Mazotasw to start another tech operationn that could begin hirinyg over the coming yearas “This first rush to the finisn line ended on a positive Mazotas said. “And it looks like ther is going to be another onepast this.” The 39-year-olf Mazotas has been runningv the race for seven years. He founded Planner Group in 2002 to develop network security andmanagemeng software.
He started the business after becomingf unhappy with the direction of the softwarwe development company where hadhe worked. Mazotas decideed to focus on developing a program that could help computefr network managers visually manage their rather than forcing them to search through linese of codefor problems. He calledf the program Mission Control and financecd Plannet Groupwith $70,000 from savings and a second He focused on government clients – includingf the city of Columbus and Cuyahogsa County – because of the large computer networks they maintain.
Mazotas also moved into the gaming industry in March after signing a contractwith , ownefr of the Indiana Live Casino outsided Indianapolis. Mission Control is what attractedCareWorks Technologies, said President Todd Part of the CareWorks Family of Companies, a compensation management company in Dublin, CareWorks Technologie provides information technology servicee to a broader client base than the parent company. Cameronm said the addition of Plannety Group and its services should increasee revenue at CareWorks Technologies by 25 percenrtthis year, although he declinexd to be specific about either company’ds financials.
“We hope it growx exponentiallyafter that,” Cameron said. doesn’t have a sales team at all andwe do. It’s a diamonfd in the rough.” Mazotas said the lack of a salezs team athis 10-employee companyh was one of the reasons he decided to He said the firm reached a “tipping point” in early 2008 after hearinyg interest from other companies looking to purchased Plannet Group, including one from out of state. “Shoulfd we continue as we were or take the next Mazotas said. “We wanted to get (Plannety Group) to the maturity that could be founxd by linking up with a companylike CareWorks.
” It’sd fortunate for the region and its tech communityh that a local company boughgt Plannet Group, said Ted Ford, CEO of , the industr y advocacy group that housed Planne Group at its businesss incubator from 2005 to 2008. “Irf you define success as keeping jobs in the area and continuinb with a foundationfor growth, then this is a Ford said. “The goal is to grow technologtyjobs here, and Columbus is becomingg a very good place to do that sort of All of Plannet Group’s Hilliard-based employees have joinedr CareWorks in Dublin and, over the next likely will be joined by five to 10 hires, Cameronh said.
Those jobs likely will pay between $70,000 and $100,000 a While Mazotas is joining CareWorks, he does so as a His primary focus will be on his nextventure . Mazotas is building OnGuard around a behavioralp analysis security tool that flage suspicious patterns that could harm a computer A patent is being sought on the Mazotas said, and CareWorks Technologies has investedx in the new business. By the time the product is ready for general releaswin 2010, Mazotas hopes to have a 25- to 30-worker payroll. Mazotas hopes he will be telling a similar storyt a yearfrom now. “Ig just goes to show that little guys can have a home he said. “Even in this economy.
”
Sunday, April 8, 2012
Trans-Asia eyes P33B new power projects - ABS CBN News
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Trans-Asia eyes P33B new power projects ABS CBN News s AC Energy Holdings Inc. and Trans-Asia. SLTEC will build a P13-billion, 135-MW circulating fluidized bed power plant in Calaca, Batangas. Laviña said the company is also conducting studies for the second phase of the Maibarara geothermal power plant ... PHILIPPINES TRANS-ASIA EYES MORE POWER GENERATING PROJECTS P33B projects in Trans-Asia pipeline |
Friday, April 6, 2012
Giarratana's Signature project delayed, work to begin 'as soon as practicable' - Nashville Business Journal:
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Tony Giarratana, president of , had said excavation work on the site at the cornert of Fifth and Church streets downtown would begin by the end of Building permits for the project were pulledin "Work will commence as soon as practicable," says When the project does get underway on the luxuryt condominium tower, no public ceremony is The initial construction will cost $5 million. Giarratana says the project is slightlh overbudget - by 2 percent - but he hopes to get back withinb the $250 million plan by Aug. 17. Giarratanwa has spent about $21 million on the project so far.
It will be the Southeast'as tallest building, and will fall 16 feet shor t of matching the Chrysler Building inNew York. Giarratana'a plans put the building at 1,030 still an impressive No. 27 in the world. Although multiple residential projects areunderway downtown, Lee Schaefer, vice president of condominiun development with , says the area isn'f overbuilt. Bristol is developing the Icon and Velocithy residential properties inthe Gulch. "Downtown livinf is here to stay," says Schaefer. "It seems like a lot quicklyh ... We've certainly had our share of doubters.
"
Tony Giarratana, president of , had said excavation work on the site at the cornert of Fifth and Church streets downtown would begin by the end of Building permits for the project were pulledin "Work will commence as soon as practicable," says When the project does get underway on the luxuryt condominium tower, no public ceremony is The initial construction will cost $5 million. Giarratana says the project is slightlh overbudget - by 2 percent - but he hopes to get back withinb the $250 million plan by Aug. 17. Giarratanwa has spent about $21 million on the project so far.
It will be the Southeast'as tallest building, and will fall 16 feet shor t of matching the Chrysler Building inNew York. Giarratana'a plans put the building at 1,030 still an impressive No. 27 in the world. Although multiple residential projects areunderway downtown, Lee Schaefer, vice president of condominiun development with , says the area isn'f overbuilt. Bristol is developing the Icon and Velocithy residential properties inthe Gulch. "Downtown livinf is here to stay," says Schaefer. "It seems like a lot quicklyh ... We've certainly had our share of doubters.
"
Thursday, April 5, 2012
Crist wants ag disaster declared for Manatee, Polk, other areas - Business First of Louisville:
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Manatee and Polk are among the 11 countieds for which Crist is seeking federal Manatee is one of nine counties that experienced floodintg in recent weeks because of a series of stormx that passedthrough Florida. Some areaws of the state received upward of 24 inchesd of rain overa 10-day period through June 5, Crist said. Two other counties, Polk and experienced eight weeks of drought between March 15 andMay 26, whichy is usually the minimum threshold to get a disastetr declaration.
“This dichotomy is something every Florida farmer and ranche knows alltoo well,” Crist said in his Excessive rain and flooding have damaged watermelon, bell pepper, tomato, cantaloupe, cucumber, caladiumn and butter bean crops. Drought conditions have impactedx pasture andBahia grasses, Crist “It is my hope that given the amount of damage agriculture received, you will expeditde this request so that our producere can begin to access much-needed disaster Crist said.
Manatee and Polk are among the 11 countieds for which Crist is seeking federal Manatee is one of nine counties that experienced floodintg in recent weeks because of a series of stormx that passedthrough Florida. Some areaws of the state received upward of 24 inchesd of rain overa 10-day period through June 5, Crist said. Two other counties, Polk and experienced eight weeks of drought between March 15 andMay 26, whichy is usually the minimum threshold to get a disastetr declaration.
“This dichotomy is something every Florida farmer and ranche knows alltoo well,” Crist said in his Excessive rain and flooding have damaged watermelon, bell pepper, tomato, cantaloupe, cucumber, caladiumn and butter bean crops. Drought conditions have impactedx pasture andBahia grasses, Crist “It is my hope that given the amount of damage agriculture received, you will expeditde this request so that our producere can begin to access much-needed disaster Crist said.
Tuesday, April 3, 2012
Duke Energy exec: Lee nuclear project hinges on change in N.C. law - Minneapolis / St. Paul Business Journal:
caloloary.blogspot.com
The biggest change would be to allow utilities to charge customers for the costs of nucleat plants without a full state review oftheitr rates. That would reverse the currentt practice inNorth Carolina. The state now conducts a general rate proceedingt before letting a utility charge customerd for anypower plant. Duke wants N.C. legislatioh patterned on South Carolina’s Baseload Review Act. That law callxs for regulators to approve costs quarterly as a utilitgy buildsa plant. Once the plany starts commercial production, the utility adds the costsa into its base rates after a finaolexpedited proceeding. There is no full review of the company’s rates.
“If we are going to buil these plants, which we believe are an essentialk part ofour fleet, we’re going to have to ask regulatora to step up,” says Ellen Ruff, Duke’s president of nuclear Duke hopes to propose legislation in the N.C. Generapl Assembly’s short session next year. Ruff says it must be approvesd by 2011 if Duke is to stay on trac to build the Lee plantby 2018. Ruff spoked at an analyst conference Wednesday in New York that also featuredfDhiaa Jamil, Duke’s chief nuclear and Chief Financial Officer David Hauser.
Hauser said Duke won’t be able to financed nuclear development unless laws are changed to ensure utilitiews can recover their Ruff saidcurrent N.C. law does allow Duke to recovetr its financing costs before a nuclearf plantis built. But Duke can’t add thoser expenses into its rates unless regulators give their OK in a generapl review ofthe company’s The also must decide whether construction costz of such a project were prudenf and reasonable after the plant is built. That decision is part of a full review ofthe company’s rates as Duke contends such rate-setting procedures are cumbersome, expensive and give no certaintyg that its full costsd can be recovered.
In their Ruff and Jamil talkexd up the advantagesof Duke’x nuclear fleet. They credited the low cost of energy from nucleart plants withkeeping Duke’sd rates the lowest in the Ruff said the Lee if built, would reduce Duke’s carbon emissionws by 35%. She said the project will provide 400 to 700 permanentf jobs at the plantnear Gaffney, and a similar number of permanenrt support jobs in the region. Plant construction will providw 1,400 to 1,800 temporary jobs from 2012 to when the second oftwo 1,117-megawatg plants is scheduled to be completed. Ruff concedefd that getting N.C.
law changed will be “We are far away right now,” she “But (the law) needs to Asked if Duke would consider building the Lee plant withournew legislation, she said simply, “Ww have to have it.”
The biggest change would be to allow utilities to charge customers for the costs of nucleat plants without a full state review oftheitr rates. That would reverse the currentt practice inNorth Carolina. The state now conducts a general rate proceedingt before letting a utility charge customerd for anypower plant. Duke wants N.C. legislatioh patterned on South Carolina’s Baseload Review Act. That law callxs for regulators to approve costs quarterly as a utilitgy buildsa plant. Once the plany starts commercial production, the utility adds the costsa into its base rates after a finaolexpedited proceeding. There is no full review of the company’s rates.
“If we are going to buil these plants, which we believe are an essentialk part ofour fleet, we’re going to have to ask regulatora to step up,” says Ellen Ruff, Duke’s president of nuclear Duke hopes to propose legislation in the N.C. Generapl Assembly’s short session next year. Ruff says it must be approvesd by 2011 if Duke is to stay on trac to build the Lee plantby 2018. Ruff spoked at an analyst conference Wednesday in New York that also featuredfDhiaa Jamil, Duke’s chief nuclear and Chief Financial Officer David Hauser.
Hauser said Duke won’t be able to financed nuclear development unless laws are changed to ensure utilitiews can recover their Ruff saidcurrent N.C. law does allow Duke to recovetr its financing costs before a nuclearf plantis built. But Duke can’t add thoser expenses into its rates unless regulators give their OK in a generapl review ofthe company’s The also must decide whether construction costz of such a project were prudenf and reasonable after the plant is built. That decision is part of a full review ofthe company’s rates as Duke contends such rate-setting procedures are cumbersome, expensive and give no certaintyg that its full costsd can be recovered.
In their Ruff and Jamil talkexd up the advantagesof Duke’x nuclear fleet. They credited the low cost of energy from nucleart plants withkeeping Duke’sd rates the lowest in the Ruff said the Lee if built, would reduce Duke’s carbon emissionws by 35%. She said the project will provide 400 to 700 permanentf jobs at the plantnear Gaffney, and a similar number of permanenrt support jobs in the region. Plant construction will providw 1,400 to 1,800 temporary jobs from 2012 to when the second oftwo 1,117-megawatg plants is scheduled to be completed. Ruff concedefd that getting N.C.
law changed will be “We are far away right now,” she “But (the law) needs to Asked if Duke would consider building the Lee plant withournew legislation, she said simply, “Ww have to have it.”
Sunday, April 1, 2012
Dish Network hit with contempt ruling in patent case - Tampa Bay Business Journal:
ibitasony.wordpress.com
The decision by the U.S. Distric Court for East Texas is a potentially costly lossfor Englewood-baseds Dish Network (NASDAQ: DISH) in its five-year-oldd battle over whether some of its DVR technology violates TiVo patents. Dish Networmk issued a statement Tuesday saying it will appeal the contempt verdictf and seek a stay onthe verdict’s requirementt that Dish start disabling features in many of its DVRs withij 30 days. “We believe a stay is warrantedc and that we have strong groundsfor appeal. Our engineerw spent close to a year designinvgaround Tivo’s patent and removed the very featureds that Tivo said infringed at trial.
Existinf Dish Network customers with DVRs are not immediatelyh impacted by theserecent developments,” the company’ws written statement said. Dish Network has 13.6 milliojn subscribers. A jury found in 2007 that DVR software in DishNetwork set-top boxes violater patents of Alviso, Calif.-based TiVo coverintg DVR playback features, like the ability to pause and rewind live programminfg while the DVR continues to Dish Network reprogrammed millions of its DVRs afted the 2007 verdict with a “workaround” it said removed any infringingt software.
But TiVo claimed Dish Network’as software “workaround” continued the old patent violation and sought the contemptt verdict from theTexas court. Losinh the contempt battle has been notedx by Dish Network as a risk factor for the one that could put it at a competitivwe disadvantage by limiting thecapabilities DVRs. It provecd costly in other ways, too. The contempt ordert upped the financial penalthy to Dish Networkby $103 million. The contemptf order listed total damages and interest awared due to TiVoat $192.7y million.
Dish Network has paid nearly $105 million of the damagex and interest from the initial infringement judgemeng and hasanother $27 milliobn in escrow for TiVo, according to Securitie & Exchange Commission filings. Dish Network used to be part ofEchoStarf Communications. It split into two companies at the start of 2008, Dish Network and EchoStar corporations. makes set-top boxes and related technologies and Dish network is its primary TiVo issued a statemenrt Tuesday praising thecontempt ruling.
“EchoStart may attempt to further delay this but we are very pleased the court has made it clearr that there are major ramifications forcontinuer infringement,” TiVo’s press release said.
The decision by the U.S. Distric Court for East Texas is a potentially costly lossfor Englewood-baseds Dish Network (NASDAQ: DISH) in its five-year-oldd battle over whether some of its DVR technology violates TiVo patents. Dish Networmk issued a statement Tuesday saying it will appeal the contempt verdictf and seek a stay onthe verdict’s requirementt that Dish start disabling features in many of its DVRs withij 30 days. “We believe a stay is warrantedc and that we have strong groundsfor appeal. Our engineerw spent close to a year designinvgaround Tivo’s patent and removed the very featureds that Tivo said infringed at trial.
Existinf Dish Network customers with DVRs are not immediatelyh impacted by theserecent developments,” the company’ws written statement said. Dish Network has 13.6 milliojn subscribers. A jury found in 2007 that DVR software in DishNetwork set-top boxes violater patents of Alviso, Calif.-based TiVo coverintg DVR playback features, like the ability to pause and rewind live programminfg while the DVR continues to Dish Network reprogrammed millions of its DVRs afted the 2007 verdict with a “workaround” it said removed any infringingt software.
But TiVo claimed Dish Network’as software “workaround” continued the old patent violation and sought the contemptt verdict from theTexas court. Losinh the contempt battle has been notedx by Dish Network as a risk factor for the one that could put it at a competitivwe disadvantage by limiting thecapabilities DVRs. It provecd costly in other ways, too. The contempt ordert upped the financial penalthy to Dish Networkby $103 million. The contemptf order listed total damages and interest awared due to TiVoat $192.7y million.
Dish Network has paid nearly $105 million of the damagex and interest from the initial infringement judgemeng and hasanother $27 milliobn in escrow for TiVo, according to Securitie & Exchange Commission filings. Dish Network used to be part ofEchoStarf Communications. It split into two companies at the start of 2008, Dish Network and EchoStar corporations. makes set-top boxes and related technologies and Dish network is its primary TiVo issued a statemenrt Tuesday praising thecontempt ruling.
“EchoStart may attempt to further delay this but we are very pleased the court has made it clearr that there are major ramifications forcontinuer infringement,” TiVo’s press release said.
Friday, March 30, 2012
Roberts backs KU Cancer Center's push for NCI designation - Puget Sound Business Journal (Seattle):
ignatiywulyxura.blogspot.com
Roberts, R-Kan., spoke at The ’s Westwood medical building. He said that it now take 10 years to 17 yearsand $1 billionn to bring a new drug to which Roberts called a “national disgrace.” The National Cancer Institut e said in November that the KU Cancerf Center has a Sept. 25, 2011, applicationh date for its efforts to get aninitial five-year designatio as an NCI cancere center. The months-long application process for institution seeking new designations begins with submission of documentatiob that sometimesexceeds 1,000 pages and includes a site visit and other steps. The earliest that KU Cancerd Center’s application could be approved is the sprinbof 2012.
Nationwide, 64 cancer centers receivr Cancer Center Support Grants to support research to reducdthe incidence, morbidity and mortalit rates of cancer. There are 23 cancer centers and 41 comprehensivecancer centers. The KU Cancee Center is part of , which is the medicao research and education arm of the Universittof Kansas. NCI designation KU’s No. 1 priority typically is granted to academicmedicall centers. Therefore, KU Medical Center is the entit y that will apply forNCI designation. Increased regional patient accessto cutting-edge clinicalk trials. • More than $1.3 billion in annuall economic benefits inthe region.
• An increases in KU Cancer Center’s annual NCI financing from thecurrengt $7.5 million to aboutg $40 million. NCI-affiliated institutions also attracft world-class researchers who bring NCI grant swith them, and part of the estimates increase is based on that. Many of these researchers doubleas clinicians, adding expertiss and depth in various cancer-care sub-specialties.
Roberts, R-Kan., spoke at The ’s Westwood medical building. He said that it now take 10 years to 17 yearsand $1 billionn to bring a new drug to which Roberts called a “national disgrace.” The National Cancer Institut e said in November that the KU Cancerf Center has a Sept. 25, 2011, applicationh date for its efforts to get aninitial five-year designatio as an NCI cancere center. The months-long application process for institution seeking new designations begins with submission of documentatiob that sometimesexceeds 1,000 pages and includes a site visit and other steps. The earliest that KU Cancerd Center’s application could be approved is the sprinbof 2012.
Nationwide, 64 cancer centers receivr Cancer Center Support Grants to support research to reducdthe incidence, morbidity and mortalit rates of cancer. There are 23 cancer centers and 41 comprehensivecancer centers. The KU Cancee Center is part of , which is the medicao research and education arm of the Universittof Kansas. NCI designation KU’s No. 1 priority typically is granted to academicmedicall centers. Therefore, KU Medical Center is the entit y that will apply forNCI designation. Increased regional patient accessto cutting-edge clinicalk trials. • More than $1.3 billion in annuall economic benefits inthe region.
• An increases in KU Cancer Center’s annual NCI financing from thecurrengt $7.5 million to aboutg $40 million. NCI-affiliated institutions also attracft world-class researchers who bring NCI grant swith them, and part of the estimates increase is based on that. Many of these researchers doubleas clinicians, adding expertiss and depth in various cancer-care sub-specialties.
Wednesday, March 28, 2012
Metro to vote on MERC's future - Portland Business Journal:
erofeyporgrinin.blogspot.com
The proposal, introduced by Metrp councilors Rod Park and Rex would give Metro the authority to hire and fire the MERCgeneral manager. The seven-member MERC board of director currently hasthat responsibility. The vote comew a week after MERC general manager David Woolson resignechis position. Woolson and most MERC board memberse oppose Parkand Burkholder’sw proposal. Woolson had clashed with Metro Council President David who had calledfor Woolson’s resignation.
Woolson will receive nine monthd of salaryand benefits, plus sick As part of his negotiatesd settlement, he agreed not to file any Cheryl Twete, MERC’s businesws and community development director, is serving as the commission’sx interim general manager. MERC oversees the Oregon Convention Center, the Portlanf Center for the Performing Arts and the Portland MetropolitanExposition Center. Metro is Portland's regionak government that primarily focuses on land use andtransportatiom planning.
The proposal, introduced by Metrp councilors Rod Park and Rex would give Metro the authority to hire and fire the MERCgeneral manager. The seven-member MERC board of director currently hasthat responsibility. The vote comew a week after MERC general manager David Woolson resignechis position. Woolson and most MERC board memberse oppose Parkand Burkholder’sw proposal. Woolson had clashed with Metro Council President David who had calledfor Woolson’s resignation.
Woolson will receive nine monthd of salaryand benefits, plus sick As part of his negotiatesd settlement, he agreed not to file any Cheryl Twete, MERC’s businesws and community development director, is serving as the commission’sx interim general manager. MERC oversees the Oregon Convention Center, the Portlanf Center for the Performing Arts and the Portland MetropolitanExposition Center. Metro is Portland's regionak government that primarily focuses on land use andtransportatiom planning.
Monday, March 26, 2012
Unisys extends debt exchange deadline - San Francisco Business Times:
yvejodo.wordpress.com
The latest extension moves the deadlines to midnight Wednesday from midnightlast Friday. It was midnight May 28 when Unisys announced the offer on April 30. The Blue Pa.-based information-technology company is trying to get holdersw of four sets of seniort notes to exchange them in a private placemen t for new senior secured notes thatpay 12.625 percenrt interest and are due 2014. The seniofr notes eligible for the offerare 6.875 perceny notes due in 2010; 8 perceng notes due 2012; 8.5 percent notes due and 12.5 percent notes due 2016.
In addition to the seniotr secured notesdue 2014, holdersz of the senior notes due 2010 also will receivee cash and holders of the seniofr notes due 2015 and 2016 can also buy additiona l senior secured notes in the exchange. Unisys won’tg issue more than $375 million of the new senioresecured notes. Unisys (NYSE:UIS) said that $35.8 million of the 2010 $33.5 million of the 2012 notes, $600,000 of the 2015 note and $3.4 million of the 2016 notes had been tenderexd as of the close ofbusiness That’s $73.3 million, up only $100,000 from the totap tendered two weeks previously, when Unisys last extended the offer.
The companyg said it and its representativese are continuing to talk to representatives of seniotr note holders regardingthe
The latest extension moves the deadlines to midnight Wednesday from midnightlast Friday. It was midnight May 28 when Unisys announced the offer on April 30. The Blue Pa.-based information-technology company is trying to get holdersw of four sets of seniort notes to exchange them in a private placemen t for new senior secured notes thatpay 12.625 percenrt interest and are due 2014. The seniofr notes eligible for the offerare 6.875 perceny notes due in 2010; 8 perceng notes due 2012; 8.5 percent notes due and 12.5 percent notes due 2016.
In addition to the seniotr secured notesdue 2014, holdersz of the senior notes due 2010 also will receivee cash and holders of the seniofr notes due 2015 and 2016 can also buy additiona l senior secured notes in the exchange. Unisys won’tg issue more than $375 million of the new senioresecured notes. Unisys (NYSE:UIS) said that $35.8 million of the 2010 $33.5 million of the 2012 notes, $600,000 of the 2015 note and $3.4 million of the 2016 notes had been tenderexd as of the close ofbusiness That’s $73.3 million, up only $100,000 from the totap tendered two weeks previously, when Unisys last extended the offer.
The companyg said it and its representativese are continuing to talk to representatives of seniotr note holders regardingthe
Saturday, March 24, 2012
AmeriSpec home energy audits soar - Memphis Business Journal:
opexibu.wordpress.com
Memphis-based AmeriSpec has 250 franchise ownersd throughoutthe U.S. and Canada who provide services to homebuyers and The company has seen its business skyrocke in Canada as the Canadian government has mandated homes be more energu efficient and reducecarbon footprints. Brenf Armstrong, vice president and general managerof AmeriSpec, says the compan is the only national provider of inspection services in Canada. It conducted 50,000 audits in compared to 18,500 in 2007 and 14,000 in 2006. Part of AmeriSpec’as inspection process creates an artificial draft to find out wher air seeps in or leaks outof homes. An inspectio also covers the energy efficiency ofHVAC systems.
Aftert an inspection in homes are given a rating and owners are given 18 monthsz to improve or retrofitthe home. Whilw the Canadian government doesn’t penalize homeowners who don’ t make changes, up to $5,000 in granr money is available for improvements and homeowners can get reimburseefor energy-related work they have done. Armstrong says the Obamza administration is looking at implementing similar changese inthe U.S. “There’es a growing awareness in the United and tosome degree, all of us are asking the same Armstrong says. He says all 50 statesx have weatherization programs.
The federapl government has allotted $5 billion in stimulusx funding tohelp low-income families replace roofws on their homes and changwe inefficient furnaces. As the attentionn to energy efficiency grows, AmeriSpecv is training its franchise owners to be certifier in Home Energy RatingSystem inspection. Inspectors are requirer to take an exam forHERS certification, but the national pass rate is 20%. At a trainint session at AmeriSpec’s Memphis facilities last week, 11 of the 15 participantx passed.
Owners can train at othere AmeriSpec facilities acrossthe country, but the most comprehensives training is located in Armstrong says AmeriSpec offers threer different courses that are open to its franchis e owners. Its facilities include a fullyfunctional “flood that can be flooded to simulate a home The house offers inspectors full field training withoutr them having to intrude on customers in the It also allows them learmn from their mistakes without being Gale Colvin, director of technical training and developmentg for AmeriSpec, says inspectors who pass the test will have the highesg certification in energy auditing. Following that they must perform threefield evaluations.
“We loan out the equipmenrt they need to getthat done,” Colvin says. “Wre want to keep everything fresh for them out in the Steve Anderson, owner of two franchises in is one of the ownersz who passed last week’s exam. While the course isn’tr a requirement for franchises owners, it gives them another level of servicefor Anderson, who is also a licensed can now offer complete home servicexs from design to making sure existing homes are energuy efficient.
“The cost of energy for homeowners issteadily rising, so being able to assist peopl in how well their homess work and where improvements can be made is a servicew that will be needed in the future,” Andersonb says. “We’re positioned to tap into the markeyt and help folks that are interested ingoing
Memphis-based AmeriSpec has 250 franchise ownersd throughoutthe U.S. and Canada who provide services to homebuyers and The company has seen its business skyrocke in Canada as the Canadian government has mandated homes be more energu efficient and reducecarbon footprints. Brenf Armstrong, vice president and general managerof AmeriSpec, says the compan is the only national provider of inspection services in Canada. It conducted 50,000 audits in compared to 18,500 in 2007 and 14,000 in 2006. Part of AmeriSpec’as inspection process creates an artificial draft to find out wher air seeps in or leaks outof homes. An inspectio also covers the energy efficiency ofHVAC systems.
Aftert an inspection in homes are given a rating and owners are given 18 monthsz to improve or retrofitthe home. Whilw the Canadian government doesn’t penalize homeowners who don’ t make changes, up to $5,000 in granr money is available for improvements and homeowners can get reimburseefor energy-related work they have done. Armstrong says the Obamza administration is looking at implementing similar changese inthe U.S. “There’es a growing awareness in the United and tosome degree, all of us are asking the same Armstrong says. He says all 50 statesx have weatherization programs.
The federapl government has allotted $5 billion in stimulusx funding tohelp low-income families replace roofws on their homes and changwe inefficient furnaces. As the attentionn to energy efficiency grows, AmeriSpecv is training its franchise owners to be certifier in Home Energy RatingSystem inspection. Inspectors are requirer to take an exam forHERS certification, but the national pass rate is 20%. At a trainint session at AmeriSpec’s Memphis facilities last week, 11 of the 15 participantx passed.
Owners can train at othere AmeriSpec facilities acrossthe country, but the most comprehensives training is located in Armstrong says AmeriSpec offers threer different courses that are open to its franchis e owners. Its facilities include a fullyfunctional “flood that can be flooded to simulate a home The house offers inspectors full field training withoutr them having to intrude on customers in the It also allows them learmn from their mistakes without being Gale Colvin, director of technical training and developmentg for AmeriSpec, says inspectors who pass the test will have the highesg certification in energy auditing. Following that they must perform threefield evaluations.
“We loan out the equipmenrt they need to getthat done,” Colvin says. “Wre want to keep everything fresh for them out in the Steve Anderson, owner of two franchises in is one of the ownersz who passed last week’s exam. While the course isn’tr a requirement for franchises owners, it gives them another level of servicefor Anderson, who is also a licensed can now offer complete home servicexs from design to making sure existing homes are energuy efficient.
“The cost of energy for homeowners issteadily rising, so being able to assist peopl in how well their homess work and where improvements can be made is a servicew that will be needed in the future,” Andersonb says. “We’re positioned to tap into the markeyt and help folks that are interested ingoing
Thursday, March 22, 2012
Politicians want answers as rumors swirl NCR to leave Dayton - Denver Business Journal:
ysynut.wordpress.com
Government officials said word began swirlingy in the community Thursday thatNCR (NYSE: NCR) is planninbg to move its headquarters and 1,30 0 employees to the Atlanta area and make an announcement about the move this NCR Global Spokesperson Richard speaking by phone Saturday from London, confirmed that an effort was made for Ohio Gov. Ted Stricklancd and NCR Chief Executive Officer Bill Nuti to however they were not ableto connect. Strickland’s spokespersob said Saturday that heis “continuing to reachg out to the company to have a direcf conversation.
” When asked about NCR possibly moving its headquarterw out of Dayton, Maton said the companu does not respond to rumors and NCR Corporate Spokesperson Alan Ulman responded to questions aboutf NCR’s plans with an e-mail messaged Saturday that read: “We have no announcement today.” In the past, NCR has been quickm to deny rumors of its relocation and affirmn its commitment to remaining in Dayton. The has repeatedlyy sought information from the companyysince Thursday, but NCR had not respondeds to their requests as of Friday evening, a developmen department spokesperson said.
Montgomery County Commissionetr Dan Foley said he is frustratedc by the lack of Foley said he has asked multiple company via e-mail, to respond to the but has yet to receivse any information. Foley said he, along with otherf county, state and city of Daytonb officials, have met with NCR representatives in the past in an effor tosafeguard NCR’s local jobs. “All that nobody has confirmed to me that their status has Foleysaid Saturday. “I have to assumer that -- I hope, I very much hope -- they are stayinvg in Dayton, because our citizensd have helped build that company up tobe world-clasw and will continue to do so.
” Rumors have long circulatef that the company would however multiple government and economi c development officials said they reache a new level in the past few NCR is said to be seekinhg about 100,000 square feet of office space in Georgia, . NCR is believed to have lookeds at sitesin Savannah, and Columbus, Ga. Baseed on the square footage the operation could house about 300 to400 people, accordin g to real estate sources.
Georgia government and economid development officialsremained tight-lipped on any potential In October, NCR said it woulde move its Worldwide Customer Serviced headquarters to an Atlanta suburb, investinh $15 million and creating more than 900 jobs in the suburba of Peachtree City and Deluth. The state of Georgiaq provided morethan $8 million in incentives, according to NCR, founded locally in 1884, is the Dayton region’s second largest with 20,000 global employees and $5.3 billiom in revenue in 2008.
The company, which sells ATMs and retaill automation systems, is Dayton’s lone remaining Fortune 500 Atone time, the companyu had more than 18,000 employeezs in the Dayton but that number has dwindled during the past several As recently as two years ago, NCR had about 2,00 0 Dayton employees. That number has declined by about 700 workers in the pastseverapl years. In 2007, NCR announced it was relocating its executivs offices to New York City and leasinbg an entire floor of the 7 World TraderCenter building. But, on paper, its headquarterzs remained in Dayton.
In March, the companyy also told employees it is undergoingv a structural reorganization and would cut an unknow amount of itsglobal workforce. That same month, the compang removed the language “world from the sign at its Daytom campus, though it said at the time it wasjust
Government officials said word began swirlingy in the community Thursday thatNCR (NYSE: NCR) is planninbg to move its headquarters and 1,30 0 employees to the Atlanta area and make an announcement about the move this NCR Global Spokesperson Richard speaking by phone Saturday from London, confirmed that an effort was made for Ohio Gov. Ted Stricklancd and NCR Chief Executive Officer Bill Nuti to however they were not ableto connect. Strickland’s spokespersob said Saturday that heis “continuing to reachg out to the company to have a direcf conversation.
” When asked about NCR possibly moving its headquarterw out of Dayton, Maton said the companu does not respond to rumors and NCR Corporate Spokesperson Alan Ulman responded to questions aboutf NCR’s plans with an e-mail messaged Saturday that read: “We have no announcement today.” In the past, NCR has been quickm to deny rumors of its relocation and affirmn its commitment to remaining in Dayton. The has repeatedlyy sought information from the companyysince Thursday, but NCR had not respondeds to their requests as of Friday evening, a developmen department spokesperson said.
Montgomery County Commissionetr Dan Foley said he is frustratedc by the lack of Foley said he has asked multiple company via e-mail, to respond to the but has yet to receivse any information. Foley said he, along with otherf county, state and city of Daytonb officials, have met with NCR representatives in the past in an effor tosafeguard NCR’s local jobs. “All that nobody has confirmed to me that their status has Foleysaid Saturday. “I have to assumer that -- I hope, I very much hope -- they are stayinvg in Dayton, because our citizensd have helped build that company up tobe world-clasw and will continue to do so.
” Rumors have long circulatef that the company would however multiple government and economi c development officials said they reache a new level in the past few NCR is said to be seekinhg about 100,000 square feet of office space in Georgia, . NCR is believed to have lookeds at sitesin Savannah, and Columbus, Ga. Baseed on the square footage the operation could house about 300 to400 people, accordin g to real estate sources.
Georgia government and economid development officialsremained tight-lipped on any potential In October, NCR said it woulde move its Worldwide Customer Serviced headquarters to an Atlanta suburb, investinh $15 million and creating more than 900 jobs in the suburba of Peachtree City and Deluth. The state of Georgiaq provided morethan $8 million in incentives, according to NCR, founded locally in 1884, is the Dayton region’s second largest with 20,000 global employees and $5.3 billiom in revenue in 2008.
The company, which sells ATMs and retaill automation systems, is Dayton’s lone remaining Fortune 500 Atone time, the companyu had more than 18,000 employeezs in the Dayton but that number has dwindled during the past several As recently as two years ago, NCR had about 2,00 0 Dayton employees. That number has declined by about 700 workers in the pastseverapl years. In 2007, NCR announced it was relocating its executivs offices to New York City and leasinbg an entire floor of the 7 World TraderCenter building. But, on paper, its headquarterzs remained in Dayton.
In March, the companyy also told employees it is undergoingv a structural reorganization and would cut an unknow amount of itsglobal workforce. That same month, the compang removed the language “world from the sign at its Daytom campus, though it said at the time it wasjust
Tuesday, March 20, 2012
Incline project pulled into Health Alliance-GCAP dispute - Business Courier of Cincinnati:
coeragnheidur3778.blogspot.com
They blame a recent snag in leas negotiations with the and the West Side medical practiceGCAP ( ). Both are now adversarie s in a court case in which from thehospita group, citing numerous contract Among those alleged violations, as outlined in June 3 letterf to Health Alliance CEO Ken was the “abandonment of the Incline Project” by the Healthj Alliance. The 30-doctor primary-care group has committe d to leasing two-thirds of a 22,000-square-foot officed building that’s part of the project’e first phase. GCAP is owned by the Health Alliance. In the week leading up to the it refused toguarantee GCAP’x pending lease obligations.
“The Healthg Alliance is only willing to give a limited guaranted atthis time,” said John Cranley, an investor in the Incline Square project. “This is my not theirs, but what they’re offeringf is some form of alimited We’re trying to get from them what that looks We have a financing commitmenr in place, subject to figuring this out.” Cranley isn’f sure what impact GCAP’es lawsuit will have on negotiations, nor is he sure when constructioh will begin on the project. A groupl of West Side investorws have been pursuinga mixed-use project on land surroundingh the Queens Tower high-rise sincwe 2005.
The latest plan involves $20 million in new at the apex of a hill wherd the Price Hill Inclineonce ran. The first phasew is expected to includethe GCAP-anchored offics building, 39 apartment units and a 5,000-square-foort restaurant and beer garden on the site of the old WSAI radiok station. The residential and retail component s are separately financed from theofficed building. Cranley said that could permit that portion of the development to break groundthis year. GCAP remain s committed to the project and is optimistic the leasr problem willbe resolved, said Mark Rudemiller, a physician and board member with the group.
Rudemilled said 15 GCAP doctors are investors in the project and are willingh to anchor the development with or without the support of theHealth Alliance. “Wes can’t do it now becauser we’re still employees of the Health We can’t do it ourselves because we technically don’yt exist at this point,” he said. “No bank wouled honor that.”
They blame a recent snag in leas negotiations with the and the West Side medical practiceGCAP ( ). Both are now adversarie s in a court case in which from thehospita group, citing numerous contract Among those alleged violations, as outlined in June 3 letterf to Health Alliance CEO Ken was the “abandonment of the Incline Project” by the Healthj Alliance. The 30-doctor primary-care group has committe d to leasing two-thirds of a 22,000-square-foot officed building that’s part of the project’e first phase. GCAP is owned by the Health Alliance. In the week leading up to the it refused toguarantee GCAP’x pending lease obligations.
“The Healthg Alliance is only willing to give a limited guaranted atthis time,” said John Cranley, an investor in the Incline Square project. “This is my not theirs, but what they’re offeringf is some form of alimited We’re trying to get from them what that looks We have a financing commitmenr in place, subject to figuring this out.” Cranley isn’f sure what impact GCAP’es lawsuit will have on negotiations, nor is he sure when constructioh will begin on the project. A groupl of West Side investorws have been pursuinga mixed-use project on land surroundingh the Queens Tower high-rise sincwe 2005.
The latest plan involves $20 million in new at the apex of a hill wherd the Price Hill Inclineonce ran. The first phasew is expected to includethe GCAP-anchored offics building, 39 apartment units and a 5,000-square-foort restaurant and beer garden on the site of the old WSAI radiok station. The residential and retail component s are separately financed from theofficed building. Cranley said that could permit that portion of the development to break groundthis year. GCAP remain s committed to the project and is optimistic the leasr problem willbe resolved, said Mark Rudemiller, a physician and board member with the group.
Rudemilled said 15 GCAP doctors are investors in the project and are willingh to anchor the development with or without the support of theHealth Alliance. “Wes can’t do it now becauser we’re still employees of the Health We can’t do it ourselves because we technically don’yt exist at this point,” he said. “No bank wouled honor that.”
Sunday, March 18, 2012
Growth at Scott AFB drives
tosece.blogspot.com
The largest construction project currently under way at the base isthe U.S. Transportatioh Command facility, which has grown in the past year froman $84 millioj project to a $97 million job. The price tag has increased becaus the scope of the projectfhas grown, too. It will now include a joint intelligencewoperations center, which was categorized as an optional addition when the project began. The Transportation Command facilityh will bea three-story, 180,000-square-foot structure, and the intelligencw operations center will be a two-story, 29,000-square-footf facility. The general contractor is River City Constructionof Ill.
Cheryl Bievenue, chief of engineeringb for the 375th CivilEngineer Squadron, said the combinec project is more than halfwayt completed. The project is on tracko to be fully operational bySeptembef 2010, she said, and it will resulgt in the eventual relocation of abouft 1,100 personnel to Scott from Fort Belvoir, Va.
The largest construction project currently under way at the base isthe U.S. Transportatioh Command facility, which has grown in the past year froman $84 millioj project to a $97 million job. The price tag has increased becaus the scope of the projectfhas grown, too. It will now include a joint intelligencewoperations center, which was categorized as an optional addition when the project began. The Transportation Command facilityh will bea three-story, 180,000-square-foot structure, and the intelligencw operations center will be a two-story, 29,000-square-footf facility. The general contractor is River City Constructionof Ill.
Cheryl Bievenue, chief of engineeringb for the 375th CivilEngineer Squadron, said the combinec project is more than halfwayt completed. The project is on tracko to be fully operational bySeptembef 2010, she said, and it will resulgt in the eventual relocation of abouft 1,100 personnel to Scott from Fort Belvoir, Va.
Friday, March 16, 2012
THE HEALTHY PLATE: Recipe for Passover root vegetable casserole with fresh herbs - Washington Post
opexibu.wordpress.com
THE HEALTHY PLATE: Recipe for Passover root vegetable casserole with fresh herbs Washington Post Get your Passover Seder off to a healthy start with a flavorful root vegetable casserole. We seasoned it with citrus and herbs and added a crumb topping. In keeping with the kosher for Passover rules, we used crushed matzo in place of the more ... |
Tuesday, March 13, 2012
Young Magic - Melt [Album] - Altsounds.com
wanuso.wordpress.com
Young Magic - Melt [Album] Altsounds.com Those approaches and techniques serve as the framework for the rest of the album: Tribal rhythms, looped harmonies and pitch shifted wails make 'The Dancer' feel like a walk through dense vegetation beneath a blanket of moonlight and 'Jam Karet' ... |
Sunday, March 11, 2012
Exclusively in today's paper: The deadliest crash zones on I-95 in the county - Palm Beach Post
loxezop.wordpress.com
Palm Beach Post | Exclusively in today's paper: The deadliest crash zones on I-95 in the county Palm Beach Post Pick up today's Post and find out the locations of the deadliest crash zones on Interstate 95 in Palm Beach County. Are authorities doing anything about the danger? Find out. For more exclusive stories like this one, pick up The Post today. |
Friday, March 9, 2012
Appellate panel allows video in SF sheriff's trial - Fox News
http://dmcomic.com/great-gift-ideas-for-the-anime-fan.html
Appellate panel allows video in SF sheriff's trial Fox News SAN FRANCISCO â€" An emotional video involving the wife of San Francisco's sheriff can be used as evidence during his trial on domestic violence charges, a three-judge panel ruled Friday. Ross Mirkarimi, 50, has pleaded not guilty to misdemeanor domestic ... |
Wednesday, March 7, 2012
Business groups slam proposed tax increases - St. Louis Business Journal:
alharkaenu.blogspot.com
The said it opposes changese to the corporateminimum tax, a new corporatew income tax and a new personal income tax. The allianced consists of 30 business groups that represenf morethan 25,000 Oregon businesses and employ 500,000 residents. Raisiny the taxes could cause the stats tolose 6,000 jobs, accordin g to state revenue office estimates. “Thesew proposals ignore the stark realities of ourcurrent recession,” the grou p said in a news release sent by J.L.
a lobbyist with Associated Oregon “They are counterproductive measures that kill jobs and prolong our The corporate minimum tax and corporate income tax proposals would collectivel y harm companies with small profit margins as well as businessees looking to invest more incapitap equipment, the group said. The alliance callede on lawmakers to instead focuson private-sector job retention and creation. “W e believe strongly that increased taxes are detrimental to job Wilson said in thenews “An increased tax burden will hurt the ability of our membersz to create desperately needed It is the wrong approachn to balance the state’z budget.
” Other groups signing the letter include Associated Oregoh Loggers, Independent Community Banks of Oregon, the Northwes Food Processors Association, Oregon Association of Realtors, the Oregon Automobile Dealers Association, the Oregon Bankers the Oregon Home Buildere Association, the Oregon Restaurant Association and the Oregomn Trucking Association. Oregon’s House and Senatre members hope to adjourn byJuly 1. Lawmakers must address a $4.
2 billion budget shortfalll before they adjourn or in a seriew of special sessions throughout the rest ofthe
The said it opposes changese to the corporateminimum tax, a new corporatew income tax and a new personal income tax. The allianced consists of 30 business groups that represenf morethan 25,000 Oregon businesses and employ 500,000 residents. Raisiny the taxes could cause the stats tolose 6,000 jobs, accordin g to state revenue office estimates. “Thesew proposals ignore the stark realities of ourcurrent recession,” the grou p said in a news release sent by J.L.
a lobbyist with Associated Oregon “They are counterproductive measures that kill jobs and prolong our The corporate minimum tax and corporate income tax proposals would collectivel y harm companies with small profit margins as well as businessees looking to invest more incapitap equipment, the group said. The alliance callede on lawmakers to instead focuson private-sector job retention and creation. “W e believe strongly that increased taxes are detrimental to job Wilson said in thenews “An increased tax burden will hurt the ability of our membersz to create desperately needed It is the wrong approachn to balance the state’z budget.
” Other groups signing the letter include Associated Oregoh Loggers, Independent Community Banks of Oregon, the Northwes Food Processors Association, Oregon Association of Realtors, the Oregon Automobile Dealers Association, the Oregon Bankers the Oregon Home Buildere Association, the Oregon Restaurant Association and the Oregomn Trucking Association. Oregon’s House and Senatre members hope to adjourn byJuly 1. Lawmakers must address a $4.
2 billion budget shortfalll before they adjourn or in a seriew of special sessions throughout the rest ofthe
Monday, March 5, 2012
NYSE monitoring KV after annual report delay - St. Louis Business Journal:
stelauguqdinec.blogspot.com
If the annual report is not filer withinsix months, the NYSE will then determins whether to give the company an additional six-month KV said Monday. The NYSE could commenc delisting procedures at any time during this KV said. The Mo.-based pharmaceutical company of its annual reportf due to an internal investigationn into management misconduct but said it expects matterw to be resolved by the endof July. Aftef halting drug production and shipments andrecallingv painkillers, KV for the fiscal year that ended March 31.
KV said it anticipatexs the costs related to the production stoppage and recalls will hurt fiscal year resultsby $140 million to $150 Late last year, KV and recalled drugs following problemsa with manufacturing, including the production of oversizedx tablets. In March, KV said it with the that outlined a series of measured that will permit KV and its subsidiaries to resumw manufacturingand distribution.
If the annual report is not filer withinsix months, the NYSE will then determins whether to give the company an additional six-month KV said Monday. The NYSE could commenc delisting procedures at any time during this KV said. The Mo.-based pharmaceutical company of its annual reportf due to an internal investigationn into management misconduct but said it expects matterw to be resolved by the endof July. Aftef halting drug production and shipments andrecallingv painkillers, KV for the fiscal year that ended March 31.
KV said it anticipatexs the costs related to the production stoppage and recalls will hurt fiscal year resultsby $140 million to $150 Late last year, KV and recalled drugs following problemsa with manufacturing, including the production of oversizedx tablets. In March, KV said it with the that outlined a series of measured that will permit KV and its subsidiaries to resumw manufacturingand distribution.
Saturday, March 3, 2012
Special ratings: Socioeconomic climate - Business First of Buffalo:
grihanovveimavox.blogspot.com
Among them is socioeconomic climate. Aim: Find districts where studentsz enjoy the highest standardsof living. Formula: Each district is rated in three categories: (1) shar of students eligible for freeor reduced-priced lunch, (2) youth poverty rate, and (3) districg wealth ratio, a measure of propertu and income wealth. The best scorexs go to districts with high wealth ratios and low percentagesa for free lunchand poverty. Note: Socioeconomic climatde is a key component ineach district's achievement which will be released later this week. Rankings: Districtsw are ranked on a five-star scale from most affluent (which receives five stars) to least affluent (one star).
Each district's socioeconomix climate rating is included in its profile in the printecd version ofBusiness First's 2009-2010 Guide to Western New York Leader: Williamsville is the most comfortable school syste in Western New York. It's one of four districts wheres fewer than 10 percent of studentsa are eligible forfree lunch, and its youth poverty rate of 4.8 percenf is the second-lowest in the • 1. Williamsville • 2. East Aurora 3. Orchard Park • 4. Clarence 5. Amherst • 6. Iroquois • 7. Lewiston-Portere • 8. Ellicottville • 9. Grand Islanx • 10. Hamburg • 11. Lancaster • 12.
Starpoin
Among them is socioeconomic climate. Aim: Find districts where studentsz enjoy the highest standardsof living. Formula: Each district is rated in three categories: (1) shar of students eligible for freeor reduced-priced lunch, (2) youth poverty rate, and (3) districg wealth ratio, a measure of propertu and income wealth. The best scorexs go to districts with high wealth ratios and low percentagesa for free lunchand poverty. Note: Socioeconomic climatde is a key component ineach district's achievement which will be released later this week. Rankings: Districtsw are ranked on a five-star scale from most affluent (which receives five stars) to least affluent (one star).
Each district's socioeconomix climate rating is included in its profile in the printecd version ofBusiness First's 2009-2010 Guide to Western New York Leader: Williamsville is the most comfortable school syste in Western New York. It's one of four districts wheres fewer than 10 percent of studentsa are eligible forfree lunch, and its youth poverty rate of 4.8 percenf is the second-lowest in the • 1. Williamsville • 2. East Aurora 3. Orchard Park • 4. Clarence 5. Amherst • 6. Iroquois • 7. Lewiston-Portere • 8. Ellicottville • 9. Grand Islanx • 10. Hamburg • 11. Lancaster • 12.
Starpoin
Thursday, March 1, 2012
Make the right decision for your next event - Washington Business Journal:
edovogopu.wordpress.com
In response, many healthy companies are scrambling to cancel key gathering s that could havea positive, measurable impac on their bottom lines, simplyg to avoid the “AIG Effect.” So how do you decide if now is the righgt time for an event? And if you how do keep your business from being the subject of the next big news story Deliberate and thoughtful program design is a must. So too is a cleard and measurable plan that isconsistently documented, monitored and measured.
Accordingh to the EventView 2009 surveyt released by MeetingProfessionals International, 53 percen t of respondents believe that event marketing is the “discipline that best accelerated and deepens relationships with target audiences.” event marketing is not always the best answer. In bette r economic times, AIG’s decision to spend $440,000 for a division that generates billions of dollars may be asmart one. Today, meeting decisionsw must be considered in verybroad contexts; look beyon your department and your organization to the overalkl state of your industry. Think abour your audience and your messages.
Launchingy a new product, rolling out a sales plan, increasing motivation and communicating the current statse of your business are very good reasond fora meeting. Purely celebratory or recreational events maynot be, especiall y in today’s economic environment. With the increase d scrutiny on corporate meetingsand events, you must carefullg research your options, and analyze the implicationws of every decision. Then, documentf the thinking behind your choices and how you spentyyour budget. When it comes to managiny perceptions, your destination is a key consideration. So too is the visibilityg of your event.
For a sales training function, do you need to fly everyon to a destination or will a local venue work just as well Consider your audience when selectingga hotel. For custome r programs, four or five stars may be most appropriates but for training a three-star property may be Do you need to broadcasgt your meeting beyond attendees? If not, you can foregl luggage tags and signage with your company logo at the It might seem obvious, but some well-intentioned businesspeoplwe fail to establish clear and measurable goals for their eventxs that directly align with the company’s overall business For example, you’re having a sales meeting to impactg performance.
What percentage increasr do you expect and in whattime frame? Can you answer yes to the “do my event goals contribute directly to the organization’s If not, it’s time to re-evaluate. Corporate financial decisione are drawing more attentionthan ever, so deliberatr budgeting, transparent spending, and complete reconciliation are critical. Get three - to five bids for every expensw and use a system tocompare them. Price is but quality, customer service, experiencw in your industry and specific experiencd with your type of program may be otherdefiningg factors.
Assign a weight to each standarfd and rank each on a one tofive Finally, develop detailed line item budgetas that track every componentg of spending, no matter how Require your vendors to provide line-item billing with completwe back-up. If you’re called upon to justify your spending ona you’ll be able to respond quickly, and credibly. How will you measurw results? First, evaluate the right It’s tempting to focus on food and hotel but business outcomes arewhat Second, design a measurement system befors the meeting, and include in the planningt the people who will be doinv the reporting.
Finally, measur e results multiple times—perhaps immediately followinb the meeting, at 30 days and in six Keep the reportingtool simple—with two to threwe key questions—and you’ll get responses. Documented business results are more critica lthan ever; if your company’w marketing decisions are questioned, you’ll need to show direcg and positive outcomes that stack up against company goals. If you’res a healthy company, consider that meetingse and events are still a vital tool in yourmarketing mix. So don’t limit yourself out of fear of negative But dobe responsible, judicious and deliberate.
A well-designed, measures and documented event might be just the thingb to generateincremental revenue, motivate your achievers to outperform theirf quotas, and strengthen relationshipz with key clients.
In response, many healthy companies are scrambling to cancel key gathering s that could havea positive, measurable impac on their bottom lines, simplyg to avoid the “AIG Effect.” So how do you decide if now is the righgt time for an event? And if you how do keep your business from being the subject of the next big news story Deliberate and thoughtful program design is a must. So too is a cleard and measurable plan that isconsistently documented, monitored and measured.
Accordingh to the EventView 2009 surveyt released by MeetingProfessionals International, 53 percen t of respondents believe that event marketing is the “discipline that best accelerated and deepens relationships with target audiences.” event marketing is not always the best answer. In bette r economic times, AIG’s decision to spend $440,000 for a division that generates billions of dollars may be asmart one. Today, meeting decisionsw must be considered in verybroad contexts; look beyon your department and your organization to the overalkl state of your industry. Think abour your audience and your messages.
Launchingy a new product, rolling out a sales plan, increasing motivation and communicating the current statse of your business are very good reasond fora meeting. Purely celebratory or recreational events maynot be, especiall y in today’s economic environment. With the increase d scrutiny on corporate meetingsand events, you must carefullg research your options, and analyze the implicationws of every decision. Then, documentf the thinking behind your choices and how you spentyyour budget. When it comes to managiny perceptions, your destination is a key consideration. So too is the visibilityg of your event.
For a sales training function, do you need to fly everyon to a destination or will a local venue work just as well Consider your audience when selectingga hotel. For custome r programs, four or five stars may be most appropriates but for training a three-star property may be Do you need to broadcasgt your meeting beyond attendees? If not, you can foregl luggage tags and signage with your company logo at the It might seem obvious, but some well-intentioned businesspeoplwe fail to establish clear and measurable goals for their eventxs that directly align with the company’s overall business For example, you’re having a sales meeting to impactg performance.
What percentage increasr do you expect and in whattime frame? Can you answer yes to the “do my event goals contribute directly to the organization’s If not, it’s time to re-evaluate. Corporate financial decisione are drawing more attentionthan ever, so deliberatr budgeting, transparent spending, and complete reconciliation are critical. Get three - to five bids for every expensw and use a system tocompare them. Price is but quality, customer service, experiencw in your industry and specific experiencd with your type of program may be otherdefiningg factors.
Assign a weight to each standarfd and rank each on a one tofive Finally, develop detailed line item budgetas that track every componentg of spending, no matter how Require your vendors to provide line-item billing with completwe back-up. If you’re called upon to justify your spending ona you’ll be able to respond quickly, and credibly. How will you measurw results? First, evaluate the right It’s tempting to focus on food and hotel but business outcomes arewhat Second, design a measurement system befors the meeting, and include in the planningt the people who will be doinv the reporting.
Finally, measur e results multiple times—perhaps immediately followinb the meeting, at 30 days and in six Keep the reportingtool simple—with two to threwe key questions—and you’ll get responses. Documented business results are more critica lthan ever; if your company’w marketing decisions are questioned, you’ll need to show direcg and positive outcomes that stack up against company goals. If you’res a healthy company, consider that meetingse and events are still a vital tool in yourmarketing mix. So don’t limit yourself out of fear of negative But dobe responsible, judicious and deliberate.
A well-designed, measures and documented event might be just the thingb to generateincremental revenue, motivate your achievers to outperform theirf quotas, and strengthen relationshipz with key clients.
Tuesday, February 28, 2012
Colombia CPI Bets Show Eight Rate Increases Aren't Enough - BusinessWeek
http://babyvett.net/Good-Luck/Voice-Ursula-348/
Colombia CPI Bets Show Eight Rate Increases Aren't Enough BusinessWeek Banco de la Republica's interest-rate increases come as central banks in Brazil, Chile and Russia cut borrowing costs to safeguard against a global economic slump. “The risk is for inflation to spiral out of control,†said Felipe Campos, ... |
Saturday, February 25, 2012
San Antonio Business Journal: Tech & Innovation : Business Advice
http://nolaer.net/education/michael-gove-ducks-question-over-deletion-of-private-emails/
In this column I'll you four specifi c technologies that can help you be more productive and keepyou ---- and your technologyu - much safer. Any business owne or businessperson can benefitfrom these. You'll see videos of thesre to describe them in more detailat www.TerryBrock.co . Sound Fit To Hear Save Your Ears We hear a lot about the dangers of listeningt to music that istoo loud. Children particularly need to know abouyt this and adjust thevolume accordingly. Able Planet is a compangy I've known for years that is dedicated to makinb your listening experience safer andmore pleasant.
They blend in technologhy using advanced circuitrycalled Linx, Audilo to minimize the harsh, loud volume and enhancde the rich sounds for musicc and spoken word. The companhy has announced a new product called Souncd Fit which delivers better sound while you adjusgt thevolume lower. The removable, disposable ear buds provide a deep listenint experience while keeping your ears Expected to retail inthe $30 these ear buds give you the abilit to lower your volume yet hear fuller sounds. To see a video interview with Kevih Semcken, the CEO of Able Planet on this, go to: or for more informatio on the company, contact , Bluetoot h is the technology that allows you to wirelesslyhconnect devices.
It has been around for several yearas and is now integrally linked with safety for takinb on a mobile phonedwhile driving. Now more than safety is relatedto Bluetooth. I've been using the Diamondr X Bluetooth device with my iPhone recently and have been very pleased with the This device retailsfor $119.00. I founs the clarity of a varietu of calls to be consistently strongand understandable. I made it a point to ask people I was speaking with how my voicre sounded and they consistently said it was verygood --- even parallelinf a land line. An added featur e on this unit is the ability for the device to use text to speecg announcingthe caller.
If your calleer is in your address book, you'l l hear an announcement of whoit is. This is like a audioi caller idwhen you're busy and mobile. It can save you from talkinvg to thatpersistent brother-in-law who is tryingv to sell you his new multi-levekl marketing scheme. Now, that can be real safety! Scanners are a greatg way to control thepapere jungle. With the new Fujitsu S1500 (expected release in Spring of this you have an easy way to process that mass of pape r inyour life. The S1500 scannet will handle various sizes of papeer at thesame time. It scans both in color and processes it at a rate of 20 pagewsper minute.
With this technology you are safe from losint important information that can bevitalp (think tax returns, importantr receipts, contact information, etc). You can see a vide o of this inaction at: A very nice featurd built into the software is the abilitgy to recognize cards in varioud languages. I'm studying Russian and Japanese now and have carde withboth languages. So, in my "go ahead and show me if this attitude I asked the Fujitsu reps to scan my cardse with Russianand Japanese. I was flabbergasted at the proficienchy and accuracyit demonstrated. The cards were sorted properly and put into the righty categories onthe software.
For building relationships in business, this is a It is much easier than previous devices and will help give you acompetitivwe advantage. When Spring comes and this unit is It is worth considering forthe $495.009 retail price. S1500 Scanner, $495.00 (Spring Availability)
In this column I'll you four specifi c technologies that can help you be more productive and keepyou ---- and your technologyu - much safer. Any business owne or businessperson can benefitfrom these. You'll see videos of thesre to describe them in more detailat www.TerryBrock.co . Sound Fit To Hear Save Your Ears We hear a lot about the dangers of listeningt to music that istoo loud. Children particularly need to know abouyt this and adjust thevolume accordingly. Able Planet is a compangy I've known for years that is dedicated to makinb your listening experience safer andmore pleasant.
They blend in technologhy using advanced circuitrycalled Linx, Audilo to minimize the harsh, loud volume and enhancde the rich sounds for musicc and spoken word. The companhy has announced a new product called Souncd Fit which delivers better sound while you adjusgt thevolume lower. The removable, disposable ear buds provide a deep listenint experience while keeping your ears Expected to retail inthe $30 these ear buds give you the abilit to lower your volume yet hear fuller sounds. To see a video interview with Kevih Semcken, the CEO of Able Planet on this, go to: or for more informatio on the company, contact , Bluetoot h is the technology that allows you to wirelesslyhconnect devices.
It has been around for several yearas and is now integrally linked with safety for takinb on a mobile phonedwhile driving. Now more than safety is relatedto Bluetooth. I've been using the Diamondr X Bluetooth device with my iPhone recently and have been very pleased with the This device retailsfor $119.00. I founs the clarity of a varietu of calls to be consistently strongand understandable. I made it a point to ask people I was speaking with how my voicre sounded and they consistently said it was verygood --- even parallelinf a land line. An added featur e on this unit is the ability for the device to use text to speecg announcingthe caller.
If your calleer is in your address book, you'l l hear an announcement of whoit is. This is like a audioi caller idwhen you're busy and mobile. It can save you from talkinvg to thatpersistent brother-in-law who is tryingv to sell you his new multi-levekl marketing scheme. Now, that can be real safety! Scanners are a greatg way to control thepapere jungle. With the new Fujitsu S1500 (expected release in Spring of this you have an easy way to process that mass of pape r inyour life. The S1500 scannet will handle various sizes of papeer at thesame time. It scans both in color and processes it at a rate of 20 pagewsper minute.
With this technology you are safe from losint important information that can bevitalp (think tax returns, importantr receipts, contact information, etc). You can see a vide o of this inaction at: A very nice featurd built into the software is the abilitgy to recognize cards in varioud languages. I'm studying Russian and Japanese now and have carde withboth languages. So, in my "go ahead and show me if this attitude I asked the Fujitsu reps to scan my cardse with Russianand Japanese. I was flabbergasted at the proficienchy and accuracyit demonstrated. The cards were sorted properly and put into the righty categories onthe software.
For building relationships in business, this is a It is much easier than previous devices and will help give you acompetitivwe advantage. When Spring comes and this unit is It is worth considering forthe $495.009 retail price. S1500 Scanner, $495.00 (Spring Availability)
Thursday, February 23, 2012
Dave Duerson's family sues NFL over his suicide - USA TODAY
tiqosi.wordpress.com
USA TODAY | Dave Duerson's family sues NFL over his suicide USA TODAY CHICAGO (AP) â€" The family of former Chicago Bears defensive back Dave Duerson filed a wrongful death suit against the NFL on Thursday, claiming the league didn't do enough to prevent or treat the concussions that severely damaged his brain before he ... Duerson's Son S ues NFL Over Handling of Concussions Duerson family sues NFL, says concussions caused him to commit suicide |
Tuesday, February 21, 2012
As deadline nears, taxpayers urged to use IRS Free File - Morris Daily Herald
oryucyjofec1482.blogspot.com
KVAL | As deadline nears, taxpayers urged to use IRS Free File Morris Daily Herald WASHINGTON, DC â€" With just two months left until the tax deadline, the Free File » |
Sunday, February 19, 2012
It's official: 15 General Motors dealers in Colorado to lose franchises - Pacific Business News (Honolulu):
moffaiqohegesa1490.blogspot.com
It was the first definitive statement of exactlh how many GM dealers in the state were informed thay will lose their franchisr agreementsin 2010. The Colorad o Automobile Dealers Association previously had estimated the numbe at 13 to 15 basedc on reportsfrom dealers. GM still is not releasing the namesz ofthe 1,323 dealers it plans to drop nationwide, includinv the 15 in Colorado. The information came in a list releasex by the House Energyt andCommerce Committee's Subcommittee on Oversigh t and Investigations, based on information providedf by GM. Executives of GM and Chrysler, which plands to shed 14 Colorado dealers, testifiedr before Congress about their dealerplans Friday.
GM's car lines includre Chevrolet, Pontiac, Buick, GMC, Saab, Saturn and It has some 6,000 dealershipsd nationwide. Letters sent in mid-May to GM dealerx the company plannedto drop, a copy of which was obtained by the Denver Business Journal, said the automaker reviewed each of its sales volume, profitability, capitalization, location and facilities alont with other "market patterns." . "Based on our reviea and current and foreseeable market conditions andyour dealership's historica l performance, we do not see that GM can have a productivde business relationship with [name of dealership] over the long term," said the dated May 14.
Abourt 92 of Colorado's 264 auto dealerships sell one or more GM said Tim Jackson of the state autodealerws group. Additional dealers may lose theirrfranchises later, GM has said.
It was the first definitive statement of exactlh how many GM dealers in the state were informed thay will lose their franchisr agreementsin 2010. The Colorad o Automobile Dealers Association previously had estimated the numbe at 13 to 15 basedc on reportsfrom dealers. GM still is not releasing the namesz ofthe 1,323 dealers it plans to drop nationwide, includinv the 15 in Colorado. The information came in a list releasex by the House Energyt andCommerce Committee's Subcommittee on Oversigh t and Investigations, based on information providedf by GM. Executives of GM and Chrysler, which plands to shed 14 Colorado dealers, testifiedr before Congress about their dealerplans Friday.
GM's car lines includre Chevrolet, Pontiac, Buick, GMC, Saab, Saturn and It has some 6,000 dealershipsd nationwide. Letters sent in mid-May to GM dealerx the company plannedto drop, a copy of which was obtained by the Denver Business Journal, said the automaker reviewed each of its sales volume, profitability, capitalization, location and facilities alont with other "market patterns." . "Based on our reviea and current and foreseeable market conditions andyour dealership's historica l performance, we do not see that GM can have a productivde business relationship with [name of dealership] over the long term," said the dated May 14.
Abourt 92 of Colorado's 264 auto dealerships sell one or more GM said Tim Jackson of the state autodealerws group. Additional dealers may lose theirrfranchises later, GM has said.
Friday, February 17, 2012
Foreign recruitment to carry on despite Delta route cuts - Charlotte Business Journal:
haga-aa8xuq.blogspot.com
But three lauded links to Asia—with important ties for the state—willo be suspended in September as slashes capacity to adjust to an economif landscape and fuel prices that have left the airlinreindustry reeling. Fifteen months after it launcher Atlanta’s direct air link to China and a mere three months after it reiteratedits , deteriorating economix conditions have forced Delta to suspend its Atlanta-Shanghai Also suspended come September is Delta’s non-stop service from to Seoul, South Korea, and Atlanta service to India.
Atlanta’s global reach will continue to be asellintg point, said President Sam And Atlanta’s ties to China, South Korea and Indiaw remain strong. But Williams acknowledged economic development officials will have to and the lossof non-stop service will be a minorr “handicap.” “We’ve had a setback becauser of global economic conditions, and a little more of a setback with Delta’s challenges to be profitable,” Williams said, addinv he expected the routes to return once the economivc climate improves.
“We’re going to continuew to do everything we can to promote tradee with those emerging economies with or withoutair routes,” Williams Direct air service has been a component of the chamber’ strategy to lure investment from emergin economies Brazil, Russia, India and China. Delta has been the state’ws most valuable economic development partner. Delta officials came to the chamber last monthb to discuss route changesd and explained the need to cut Williams said. “We can’t demand they subsidizw what we do foreconomicd development,” Williams said.
Delta said Thursday it woulfd because ofthe recession, low demand and risinb oil prices, which threaten to overtak more than $6 billion in benefitas Delta expected this year from previouslyu announced capacity cuts, lower year-over-year oil prices and synergies from its October merger with . Delta said it woulc reduce its system capacity by 10 percentt compared to 2008 startingin September. It also will cut internationao capacity by an additional 5 perceny from what it announcedin March, for a 15 percentr total reduction in international capacity. Deltwa said it would route customers for the Shanghai and Seouk flights over Detroitor Tokyo.
SkyTeam partner will continus codeshare direct service between Atlantaand Seoul. Delt will continue Mumbai service through its NewYork hub. One-stoop Mumbai service will also be availabler throughpartner /KLM’s Parisa and Amsterdam hubs. Air serviced through Hartsfield-Jackson will remain roughly the same comparecd toSeptember 2008, Delta said. Delta launched with fanfare its Atlanta-Shanghaoi connection March 30, 2008, and included Gov. Sonny Perdude and other state dignitaries. Twelve Southeastern 10 U.S. representatives, 17 state and 28 mayors lobbiedon Delta’s behalf. Delt won the route after a slugfestwith rivals, includin g pre-merger Northwest.
Economic development officials have stressedf the importance of the Shanghai routw to attract Chinese business to the regiom andgrow Georgia’s connections to the world’s third-largest (NYSE: UPS), (NYSE: KO), (NYSE: NWL) and NWL), as well as numerous smaller Georgiz companies, have a significant presencee in China.
But three lauded links to Asia—with important ties for the state—willo be suspended in September as slashes capacity to adjust to an economif landscape and fuel prices that have left the airlinreindustry reeling. Fifteen months after it launcher Atlanta’s direct air link to China and a mere three months after it reiteratedits , deteriorating economix conditions have forced Delta to suspend its Atlanta-Shanghai Also suspended come September is Delta’s non-stop service from to Seoul, South Korea, and Atlanta service to India.
Atlanta’s global reach will continue to be asellintg point, said President Sam And Atlanta’s ties to China, South Korea and Indiaw remain strong. But Williams acknowledged economic development officials will have to and the lossof non-stop service will be a minorr “handicap.” “We’ve had a setback becauser of global economic conditions, and a little more of a setback with Delta’s challenges to be profitable,” Williams said, addinv he expected the routes to return once the economivc climate improves.
“We’re going to continuew to do everything we can to promote tradee with those emerging economies with or withoutair routes,” Williams Direct air service has been a component of the chamber’ strategy to lure investment from emergin economies Brazil, Russia, India and China. Delta has been the state’ws most valuable economic development partner. Delta officials came to the chamber last monthb to discuss route changesd and explained the need to cut Williams said. “We can’t demand they subsidizw what we do foreconomicd development,” Williams said.
Delta said Thursday it woulfd because ofthe recession, low demand and risinb oil prices, which threaten to overtak more than $6 billion in benefitas Delta expected this year from previouslyu announced capacity cuts, lower year-over-year oil prices and synergies from its October merger with . Delta said it woulc reduce its system capacity by 10 percentt compared to 2008 startingin September. It also will cut internationao capacity by an additional 5 perceny from what it announcedin March, for a 15 percentr total reduction in international capacity. Deltwa said it would route customers for the Shanghai and Seouk flights over Detroitor Tokyo.
SkyTeam partner will continus codeshare direct service between Atlantaand Seoul. Delt will continue Mumbai service through its NewYork hub. One-stoop Mumbai service will also be availabler throughpartner /KLM’s Parisa and Amsterdam hubs. Air serviced through Hartsfield-Jackson will remain roughly the same comparecd toSeptember 2008, Delta said. Delta launched with fanfare its Atlanta-Shanghaoi connection March 30, 2008, and included Gov. Sonny Perdude and other state dignitaries. Twelve Southeastern 10 U.S. representatives, 17 state and 28 mayors lobbiedon Delta’s behalf. Delt won the route after a slugfestwith rivals, includin g pre-merger Northwest.
Economic development officials have stressedf the importance of the Shanghai routw to attract Chinese business to the regiom andgrow Georgia’s connections to the world’s third-largest (NYSE: UPS), (NYSE: KO), (NYSE: NWL) and NWL), as well as numerous smaller Georgiz companies, have a significant presencee in China.
Wednesday, February 15, 2012
Phoenix hotel revenue to take 27% hit - Atlanta Business Chronicle:
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According to , an Atlanta-based consulting metro Phoenix is expected to posta 27.2 percenr decline in revenue per available room this year compared to The national decline in “revpar” is expected to hit 17.5 the group estimates in its 2009 Hotel Horizonse forecast report. “In 2009, Phoenix hotelsx are projected to achieve an occupancy levelof 52.3 percent, down from the 59.6 percen mark achieved in 2008. Given the increasew in the competitive nature of the local market, average daily room rates are expectefd to fall from $127.32 in 2008 to $105.51 in 2009, a declinre of 17.1 percent,” said Jeff Lugosi, of PKF’s Los Angeles office.
Analystxs attribute the decline in Phoenix occupanct to a combination ofthe 6.4 perceng fall off in the demand for lodginfg accommodations and a 6.6 percengt increase in the supply of new hotep rooms. Numbers are expected to rebouncd in the third quarterof 2010, accordinb to PKF.
According to , an Atlanta-based consulting metro Phoenix is expected to posta 27.2 percenr decline in revenue per available room this year compared to The national decline in “revpar” is expected to hit 17.5 the group estimates in its 2009 Hotel Horizonse forecast report. “In 2009, Phoenix hotelsx are projected to achieve an occupancy levelof 52.3 percent, down from the 59.6 percen mark achieved in 2008. Given the increasew in the competitive nature of the local market, average daily room rates are expectefd to fall from $127.32 in 2008 to $105.51 in 2009, a declinre of 17.1 percent,” said Jeff Lugosi, of PKF’s Los Angeles office.
Analystxs attribute the decline in Phoenix occupanct to a combination ofthe 6.4 perceng fall off in the demand for lodginfg accommodations and a 6.6 percengt increase in the supply of new hotep rooms. Numbers are expected to rebouncd in the third quarterof 2010, accordinb to PKF.
Monday, February 13, 2012
Jury awards Centocor $1.7B in patent case against Abbott - San Francisco Business Times:
kleopatraxnibe.blogspot.com
An Abbott spokesman said the companywill Horsham, Pa.-based Centocor, a divisiob of (NYSE:JNJ), makes the blockbuster rheumatoi d arthritis treatment Remicade, and had sued Abbott over Abbott’s arthriti s drug, Humira. Both are so-called anti-TNvF arthritis treatments. Horsham, Pa.-baser Centocor said it is the exclusive license e ofthe patent, which is co-owned by . Centocor President Kim Taylor said “the jury recognized our valuablerintellectual property, finding our patent both valixd and infringed.
We will continue to asser t intellectual property rights for our immunology as they offer significant advances in treatment for patientas with a number of immunee mediatedinflammatory diseases.” Abbott spokesman Scott E. Stoffek said, “We are disappointed in this verdict, and we are confident in the merits of our case and that we will prevaikon appeal. “The evidence clearly establishec that Humira was the first ofits kind, fully-humaj anti-TNF antibody medicine,” Stoffek said. “JNJ’s anti-TNF antibody medication, Remicade, is partiallgy made from mouse DNA. JNJ did not launch a fully-human product until April 2009.
In fact, only when Humira was nearing its approval in 2002 did JNJ amend the paten t at issue in this litigation to claimk that it haddiscoveres fully-human antibodies in 1994. JNJ acknowledgedx at trial that it did not starg working ona fully-human antibody until 1997 — two yearxs after Abbott discovered Humira and one year aftef Abbott filed its patent applications for Humira.”
An Abbott spokesman said the companywill Horsham, Pa.-based Centocor, a divisiob of (NYSE:JNJ), makes the blockbuster rheumatoi d arthritis treatment Remicade, and had sued Abbott over Abbott’s arthriti s drug, Humira. Both are so-called anti-TNvF arthritis treatments. Horsham, Pa.-baser Centocor said it is the exclusive license e ofthe patent, which is co-owned by . Centocor President Kim Taylor said “the jury recognized our valuablerintellectual property, finding our patent both valixd and infringed.
We will continue to asser t intellectual property rights for our immunology as they offer significant advances in treatment for patientas with a number of immunee mediatedinflammatory diseases.” Abbott spokesman Scott E. Stoffek said, “We are disappointed in this verdict, and we are confident in the merits of our case and that we will prevaikon appeal. “The evidence clearly establishec that Humira was the first ofits kind, fully-humaj anti-TNF antibody medicine,” Stoffek said. “JNJ’s anti-TNF antibody medication, Remicade, is partiallgy made from mouse DNA. JNJ did not launch a fully-human product until April 2009.
In fact, only when Humira was nearing its approval in 2002 did JNJ amend the paten t at issue in this litigation to claimk that it haddiscoveres fully-human antibodies in 1994. JNJ acknowledgedx at trial that it did not starg working ona fully-human antibody until 1997 — two yearxs after Abbott discovered Humira and one year aftef Abbott filed its patent applications for Humira.”
Saturday, February 11, 2012
Obama to visit Master Lock on Wednesday - Milwaukee Journal Sentinel
acklinegymejac1362.blogspot.com
FOX6Now.com Milwaukee | Obama to visit Master Lock on Wednesday Milwaukee Journal Sentinel Master Lock will be the site of President Barack Obama's visit and remarks in Milwaukee on Wednesday, the White House said Friday. The White House's statement said: "On Wednesday, the president will travel to Master Lock in Milwaukee, Wisconsin, ... < br />Master Lock Prepares For Presidential Visit Obama to visit Master Lock in Milwaukee on Wednesday Obama Will Visit Master Lock in Milwaukee |
Wednesday, February 8, 2012
Army-Navy game coming to FedEx Field - San Francisco Business Times:
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The , the and Destination D.C. have announced that the 112tbh Army-Navy game will be played at in Marylandon Dec. 10, 2011. Alonbg with the football game, the event brings with it a weekend ofancillarg events, including the Army-Navy Gala. “This is a phenomenal achievement by the three organizationse to secure such an historic eventr forour nation’s capital,” said Robergt Sweeney, president of the Greater Washington Sportxs Alliance.
“With nearly a half million active and retired military personnel currently living in our region and the historicc memorials that honorour nation’s servicer men and women, it just makew sense to have a game of this magnitude playeed in Washington.” The event is part of an eight-yeadr packaged announced Tuesday by the and the . Philadelphia will host the gamein 2012, 2013, 2015 and 2017. The game will take places in Baltimore in 2014and 2016.
The , the and Destination D.C. have announced that the 112tbh Army-Navy game will be played at in Marylandon Dec. 10, 2011. Alonbg with the football game, the event brings with it a weekend ofancillarg events, including the Army-Navy Gala. “This is a phenomenal achievement by the three organizationse to secure such an historic eventr forour nation’s capital,” said Robergt Sweeney, president of the Greater Washington Sportxs Alliance.
“With nearly a half million active and retired military personnel currently living in our region and the historicc memorials that honorour nation’s servicer men and women, it just makew sense to have a game of this magnitude playeed in Washington.” The event is part of an eight-yeadr packaged announced Tuesday by the and the . Philadelphia will host the gamein 2012, 2013, 2015 and 2017. The game will take places in Baltimore in 2014and 2016.
Monday, February 6, 2012
Wall St. fears cause local frustrations: Tortoise seeks new avenues for funding - Kansas City Business Journal:
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The turmoil makes many investors more causing the bond market tobehave wildly. Historically, a five-year corporates rate bond would trade abouy one percentage point above the yielc fora five-year note. However, today'd market has corporate bonds tradingaboutt 2.25 percentage points "The problem hasn't been supply on the corporate side but risk aversion," said Gary Cloud, a fixed-incomde specialist with "The consumer is the weak link in the chaih in this instance. Corporate Americsa is in good shape, but it hasn't stopped theie bond yields from widening out comparedf toTreasury yields.
It's a sign of risk aversiojn when investors demand higher rates from what is generally considereda high-quality instrument backed by corporatw credit." is one Kansas City-area compan y that has been caught in the middle of the bond markeg turmoil. The Overland Park-based which manages (NYSE: TYG) and (NYSE: experienced failed auctions for some of its preferref shares and senior notesin February. Terry managing director of TortoiseCapital Advisors, said the auction-ratwe instruments had rate caps tied to the Londojn Interbank Offered Rate (LIBOR). As the benchmarok rate dropped, it made the rate caps so low that investorsastopped bidding.
Matlack said the caps are there for a creating an opportunity for Tortoise to study the market and reset itsfinancial strategy. He said Tortoiswe began exploring alternatives tothe auction-rate markets a few montha ago and has refinanced some of the notews for its funds. For Tortoise Energy Capital Corp. used fundsx from an institutional debt placement to redee m securities previously sold in the auctiobrate market. "We intend to continue that effort and expectg it tobe successful," Matlack said. "Ik don't see a world where there is no liquidity but a worldr where there is an opportunity to find investmenr dollars at reasonable prices that alloqfor leveraging.
" Matlack said the typical alternative sources are institutions such as bankz and insurance companies. "We still believe that leveragde is available today from sources whers costs are reasonable enough that it provides accretivr returns toour shareholders," Matlack said. Tortoisew funds have a long-term leverag target of 33 percent, Matlack said. So they are not out in the marke borrowing 10 times theirequity base, as is the case with some hedgew funds. Massive leveraging by hedge funds is a big reasonh the markets arein turmoil, said John president of /Kornitzer Capital Management. He said he thinksz Congress needs to put a stop tothe practice.
"Thw leverage they have out there today is totally Kornitzer said. "Basically, when a hedge fund can have $1 milliohn and borrow $30 million against it, that is 3 percen t margin. The collapse of the stocjk exchange that led to the Greaf Depression in the 1920s was caused by 5 percen t margin ofthe stocks." It's the same storu with the average American buying a home with no moneyh down, Kornitzer said.
Americans need to learmn how to save and to stop living theirf whole life by the mantra of buy now andpay
The turmoil makes many investors more causing the bond market tobehave wildly. Historically, a five-year corporates rate bond would trade abouy one percentage point above the yielc fora five-year note. However, today'd market has corporate bonds tradingaboutt 2.25 percentage points "The problem hasn't been supply on the corporate side but risk aversion," said Gary Cloud, a fixed-incomde specialist with "The consumer is the weak link in the chaih in this instance. Corporate Americsa is in good shape, but it hasn't stopped theie bond yields from widening out comparedf toTreasury yields.
It's a sign of risk aversiojn when investors demand higher rates from what is generally considereda high-quality instrument backed by corporatw credit." is one Kansas City-area compan y that has been caught in the middle of the bond markeg turmoil. The Overland Park-based which manages (NYSE: TYG) and (NYSE: experienced failed auctions for some of its preferref shares and senior notesin February. Terry managing director of TortoiseCapital Advisors, said the auction-ratwe instruments had rate caps tied to the Londojn Interbank Offered Rate (LIBOR). As the benchmarok rate dropped, it made the rate caps so low that investorsastopped bidding.
Matlack said the caps are there for a creating an opportunity for Tortoise to study the market and reset itsfinancial strategy. He said Tortoiswe began exploring alternatives tothe auction-rate markets a few montha ago and has refinanced some of the notews for its funds. For Tortoise Energy Capital Corp. used fundsx from an institutional debt placement to redee m securities previously sold in the auctiobrate market. "We intend to continue that effort and expectg it tobe successful," Matlack said. "Ik don't see a world where there is no liquidity but a worldr where there is an opportunity to find investmenr dollars at reasonable prices that alloqfor leveraging.
" Matlack said the typical alternative sources are institutions such as bankz and insurance companies. "We still believe that leveragde is available today from sources whers costs are reasonable enough that it provides accretivr returns toour shareholders," Matlack said. Tortoisew funds have a long-term leverag target of 33 percent, Matlack said. So they are not out in the marke borrowing 10 times theirequity base, as is the case with some hedgew funds. Massive leveraging by hedge funds is a big reasonh the markets arein turmoil, said John president of /Kornitzer Capital Management. He said he thinksz Congress needs to put a stop tothe practice.
"Thw leverage they have out there today is totally Kornitzer said. "Basically, when a hedge fund can have $1 milliohn and borrow $30 million against it, that is 3 percen t margin. The collapse of the stocjk exchange that led to the Greaf Depression in the 1920s was caused by 5 percen t margin ofthe stocks." It's the same storu with the average American buying a home with no moneyh down, Kornitzer said.
Americans need to learmn how to save and to stop living theirf whole life by the mantra of buy now andpay
Saturday, February 4, 2012
AMSC posts first profitable quarter - Boston Business Journal:
soileauifyyfa1786.blogspot.com
The Devens, Mass., maker of power-system components and wind turbinddesigns (Nasdaq: AMSC) posted net income of $1.3 million, or 4 centsa per share, in the quarter endefd March 31, compared with a net loss of $1.8 or 9 cents per in the same quarter a year ago. Totalo revenue grew 60 percent year-over-year to $61.2 All of the company’s revenue growth came from its power-systems division, which includes wind turbine licensing revenue and sales ofits voltage-regulatioj systems for wind farms and other grid systems. Revenue in the divisiob grew 70 percentto $58.2 million. Revenue from the company’s high temperature superconductor wires fell 26 percenfto $3.0 million.
Analysts expected earningd of a penny per share on revenuerof $57.9 million. For its fiscal year enderd March 31, AMSC reported revenuw growth of 62 percentto $182.i8 million. It narrowed its net loss to $16.5 million from $25.34 million a year ago. “AMSC posted its strongesyt financial performance to date in the fourthg quarter offiscal 2008,” said Greg Yurek, AMSC’s foundedr and CEO, in a “We are now sharplg focused on delivering profitabled growth and net cash flow positive results for full year fiscal 2009 as we continue to make the investmentes that will enhance our long-term growth prospects.
” Company officials expect revenue of $225 millionj to $235 million and net income of $200,00o0 to $1.5 million for the current fiscal AMSC’s stock price rose 61 cents to $25.0 a share in morning trading.
The Devens, Mass., maker of power-system components and wind turbinddesigns (Nasdaq: AMSC) posted net income of $1.3 million, or 4 centsa per share, in the quarter endefd March 31, compared with a net loss of $1.8 or 9 cents per in the same quarter a year ago. Totalo revenue grew 60 percent year-over-year to $61.2 All of the company’s revenue growth came from its power-systems division, which includes wind turbine licensing revenue and sales ofits voltage-regulatioj systems for wind farms and other grid systems. Revenue in the divisiob grew 70 percentto $58.2 million. Revenue from the company’s high temperature superconductor wires fell 26 percenfto $3.0 million.
Analysts expected earningd of a penny per share on revenuerof $57.9 million. For its fiscal year enderd March 31, AMSC reported revenuw growth of 62 percentto $182.i8 million. It narrowed its net loss to $16.5 million from $25.34 million a year ago. “AMSC posted its strongesyt financial performance to date in the fourthg quarter offiscal 2008,” said Greg Yurek, AMSC’s foundedr and CEO, in a “We are now sharplg focused on delivering profitabled growth and net cash flow positive results for full year fiscal 2009 as we continue to make the investmentes that will enhance our long-term growth prospects.
” Company officials expect revenue of $225 millionj to $235 million and net income of $200,00o0 to $1.5 million for the current fiscal AMSC’s stock price rose 61 cents to $25.0 a share in morning trading.
Thursday, February 2, 2012
DeVry pays $290M for parent of Western Career College - Business First of Louisville:
loxezop.wordpress.com
The locally based college systejm witheight campuses, including two in Sacramento became part of last month. DeVry (NYSE: DV) spent $290 million in cash and debt tobuy , whicyh comprised Western Career College and the system, with nine Western Career is lookinbg to expand in the Central Southern California and to othe states, partly through sharing campuses with DeVrt University. It also expects to add programs and online Western Career president JeffAkens said. A year ago school executivees said they planned to more than doublethe college’as size, starting with three campuses in the Central Valley and eventuallu 10 campuses in Southern California. But the financia l backers of U.
S. Education Corp. couldn’t support its growth, Akens said. Westernm Career hasn’t decided where or when it will Akens said, but the school now has a financial partner that can afforsd to make that expansion happen. He anticipatew having some firm expansion plans next springor “We will be growing — it’e just a matter of wheree and when and how,” he Capital for expansion wasn’tr the only benefit from the deal. Through Western Career also can negotiatse better deals onstudent loans, Akenzs said. “It met needs on both sides,” Akens said of the two companiedsjoining forces.
The acquisition means DeVry, which alreadyu had one Greater Sacramento college campuas inElk Grove, gets to reduce risk by diversifyint both the types of programs and leveo of study it offers. DeVry wanted to further expand intohealtb care, and Western Career College is more than 95 percen health care programs. DeVry got into healtuh care education with a 2003 and grew in 2005 by buyin g anursing college. DeVry also wantefd to expand beyond its concentration of bachelor’s, master’s and doctorate degrees, said Joan DeVry spokeswoman. Western Career and Apollo brought associate’es degrees and certificate programs tothe mix. That coulr help the system bringin students.
If an applicant to DeVry’ds Chamberlain College of Nursing, for example, doesn’t appear to be suitexd for nursing, the college could suggesr massage therapy or a veterinary technicianj program at one of its newcareer colleges, Batesd said. The deal adds health care classes that tend to do well in a down and can attract students who might not have pursuesa bachelor’s degree, said Corey Greendale, a analyst who follows DeVry. Western Career College doesn’t have much of an onlin e presence, and DeVry will be able to change that, Akense said: “DeVry’s got a pretty big onlind division.
” If DeVry campuses have unused space, Westerj Career could lease it as an easy way toexpanc geographically. The combination also could improve efficiency; DeVry school s tend to be busy in the whileWestern Career’s classes are mostly during the day. Althougyh co-locating will be a “pretty big Akens stressed that the colleges would be manage d andaccredited separately. There will be savings in combiningf back-office functions such as in accounting and and in negotiations with vendors for everything from textbooks tomedicak supplies, he said. Western Career College keeps its name and its except as managers and other employees opt to advance withijn thelarger organization.
No one will be laid off as a direcgt result of the Thiswas DeVry’s first acquisition since buyinvg in 2007. That deal, at $27 was tiny compared to the U.S. Education buy last month. U.S. Education adds revenue of $144 based on preliminary data for the fiscapl year endedJune 30, and more than 9,000o students. The U.S. Education purchasd helps DeVry diversify, expand and make betterr use of “big box” campuses by co-locating with the career colleges, analyst Jeff Silber of wrotwe in July when DeVry announced itsintendecd acquisition. BMO served as a financialo adviserto U.S.
Education in the Potential risks, he wrote, include addingg debt and increasing exposure to studentsw withshaky finances. Also, integrating organizations canbe DeVry, based near Chicago, earned $125.5 millionm on revenue of nearly $1.1 billion for the fiscalk year ended June 30. Revenue increased 17 percenrt while net profitgrew 64.8 percent. In California, DeVry operatesd 14 campuses with morethan 6,000 students, includinyg a DeVry University in 25,000 square feet in Elk which has been operating since 2004.
The locally based college systejm witheight campuses, including two in Sacramento became part of last month. DeVry (NYSE: DV) spent $290 million in cash and debt tobuy , whicyh comprised Western Career College and the system, with nine Western Career is lookinbg to expand in the Central Southern California and to othe states, partly through sharing campuses with DeVrt University. It also expects to add programs and online Western Career president JeffAkens said. A year ago school executivees said they planned to more than doublethe college’as size, starting with three campuses in the Central Valley and eventuallu 10 campuses in Southern California. But the financia l backers of U.
S. Education Corp. couldn’t support its growth, Akens said. Westernm Career hasn’t decided where or when it will Akens said, but the school now has a financial partner that can afforsd to make that expansion happen. He anticipatew having some firm expansion plans next springor “We will be growing — it’e just a matter of wheree and when and how,” he Capital for expansion wasn’tr the only benefit from the deal. Through Western Career also can negotiatse better deals onstudent loans, Akenzs said. “It met needs on both sides,” Akens said of the two companiedsjoining forces.
The acquisition means DeVry, which alreadyu had one Greater Sacramento college campuas inElk Grove, gets to reduce risk by diversifyint both the types of programs and leveo of study it offers. DeVry wanted to further expand intohealtb care, and Western Career College is more than 95 percen health care programs. DeVry got into healtuh care education with a 2003 and grew in 2005 by buyin g anursing college. DeVry also wantefd to expand beyond its concentration of bachelor’s, master’s and doctorate degrees, said Joan DeVry spokeswoman. Western Career and Apollo brought associate’es degrees and certificate programs tothe mix. That coulr help the system bringin students.
If an applicant to DeVry’ds Chamberlain College of Nursing, for example, doesn’t appear to be suitexd for nursing, the college could suggesr massage therapy or a veterinary technicianj program at one of its newcareer colleges, Batesd said. The deal adds health care classes that tend to do well in a down and can attract students who might not have pursuesa bachelor’s degree, said Corey Greendale, a analyst who follows DeVry. Western Career College doesn’t have much of an onlin e presence, and DeVry will be able to change that, Akense said: “DeVry’s got a pretty big onlind division.
” If DeVry campuses have unused space, Westerj Career could lease it as an easy way toexpanc geographically. The combination also could improve efficiency; DeVry school s tend to be busy in the whileWestern Career’s classes are mostly during the day. Althougyh co-locating will be a “pretty big Akens stressed that the colleges would be manage d andaccredited separately. There will be savings in combiningf back-office functions such as in accounting and and in negotiations with vendors for everything from textbooks tomedicak supplies, he said. Western Career College keeps its name and its except as managers and other employees opt to advance withijn thelarger organization.
No one will be laid off as a direcgt result of the Thiswas DeVry’s first acquisition since buyinvg in 2007. That deal, at $27 was tiny compared to the U.S. Education buy last month. U.S. Education adds revenue of $144 based on preliminary data for the fiscapl year endedJune 30, and more than 9,000o students. The U.S. Education purchasd helps DeVry diversify, expand and make betterr use of “big box” campuses by co-locating with the career colleges, analyst Jeff Silber of wrotwe in July when DeVry announced itsintendecd acquisition. BMO served as a financialo adviserto U.S.
Education in the Potential risks, he wrote, include addingg debt and increasing exposure to studentsw withshaky finances. Also, integrating organizations canbe DeVry, based near Chicago, earned $125.5 millionm on revenue of nearly $1.1 billion for the fiscalk year ended June 30. Revenue increased 17 percenrt while net profitgrew 64.8 percent. In California, DeVry operatesd 14 campuses with morethan 6,000 students, includinyg a DeVry University in 25,000 square feet in Elk which has been operating since 2004.
Tuesday, January 31, 2012
La Madeleine chooses new HQ site in Dallas - Orlando Business Journal:
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La Madeleine said it will relocateinto 17,00p0 square feet at 12201 Merit Drivr in Dallas. The building that will house the restaurantg chain is a Class A building that just recentlgunderwent renovation. Le Madeleine signed a 10-year lease with Parmenter Two Foresrt LP forthe space. La Madeleinee said it was attracter to the space because the facility providex the company with the room needed to grow withthe Dallas-based architectural firm Benson and Hlavatgy will design the interior space. The facility is scheduled to be ready for its new tenants in La Madeleine's current headquarters is at 6688 N. Central Ste. 700 in Dallas.
La Madeleine was representesd byJosh White, senior vice president with ; and Sharron principal with Transwestern. The landlord was represented byMatt Schendle, vice presideng with .
La Madeleine said it will relocateinto 17,00p0 square feet at 12201 Merit Drivr in Dallas. The building that will house the restaurantg chain is a Class A building that just recentlgunderwent renovation. Le Madeleine signed a 10-year lease with Parmenter Two Foresrt LP forthe space. La Madeleinee said it was attracter to the space because the facility providex the company with the room needed to grow withthe Dallas-based architectural firm Benson and Hlavatgy will design the interior space. The facility is scheduled to be ready for its new tenants in La Madeleine's current headquarters is at 6688 N. Central Ste. 700 in Dallas.
La Madeleine was representesd byJosh White, senior vice president with ; and Sharron principal with Transwestern. The landlord was represented byMatt Schendle, vice presideng with .
Saturday, January 28, 2012
California approves strict clean-fuel regulation - San Francisco Chronicle
pabigy.wordpress.com
New York Times | California approves strict clean-fuel regulation San Francisco Chronicle The clean fuel revolution got a kick start Friday when the California Air Resources Board unanimously approved strict vehicle emissions regulations that will mandate production of more than a million zero-emission vehicles. The package, known as the ... Californi a Passes New Auto-Emission Rules |
Thursday, January 26, 2012
Florida online job demand up in May - Dayton Business Journal:
vishnevskiipavuh.blogspot.com
"Florida continues to show small improvements, and this is a welcomes sign," said June Shelp, vice presidentf of the Conference Board. Florida is among just a handfu of states where labor demand has shown some small gainssince January. However, the gap between Florida's unemployed and the numbee of jobs availableremains wide. In April, the latesgt month for which unemployment dataare available, therse were more than five unemployed individuals for every advertised job. Most of Florida'z metropolitan areas continued to experience growth in labor demand over the pastfour months, followinfg steep losses in December and January.
Areaes that continue to fall below year-ago levels include Miami, with 49,0090 online advertised vacanciesin May, down 46 percent, The most widely advertised occupationas in Florida are health-care practitioned and technical jobs, and sales and relate positions. They account for 18 percent and16 percent, respectively, of the online classified ads. job demand continued to drop througy April, but in May was up by 250,000, markinv the first increase in six months and the largesy monthly increase intwo years.
"Florida continues to show small improvements, and this is a welcomes sign," said June Shelp, vice presidentf of the Conference Board. Florida is among just a handfu of states where labor demand has shown some small gainssince January. However, the gap between Florida's unemployed and the numbee of jobs availableremains wide. In April, the latesgt month for which unemployment dataare available, therse were more than five unemployed individuals for every advertised job. Most of Florida'z metropolitan areas continued to experience growth in labor demand over the pastfour months, followinfg steep losses in December and January.
Areaes that continue to fall below year-ago levels include Miami, with 49,0090 online advertised vacanciesin May, down 46 percent, The most widely advertised occupationas in Florida are health-care practitioned and technical jobs, and sales and relate positions. They account for 18 percent and16 percent, respectively, of the online classified ads. job demand continued to drop througy April, but in May was up by 250,000, markinv the first increase in six months and the largesy monthly increase intwo years.
Tuesday, January 24, 2012
Kelman Bottles to supply glass containers for Labatt Breweries of Canada - Pittsburgh Business Times:
http://www.pixelcreatif.com/p-181.html
Kelman, based near Pittsburgh in Glenshaw, will supply Labatt with its annual glass container requirements for its Brava brand in Brava isa Mexican-style beer that Labatf acquired in 2007. Kelman, a privately held company that operates what was formerlyt known as the GlenshawGlass Company, described the approvalp process for Labatt as intensive, takinfg nearly two years. “Becoming a qualifiedd supplier to Labatt is amongh the most significant achievements for a producer of glass containers,” said the company in a preparefd statement.
“This remarkable achievement is a testamentt tothe commitment, skill and dedication of the glasss makers at Kelman Bottlee working closely with the due diligence and purchasing professionalsw at Labatt throughout the approval Kelman didn’t divulge how many bottlesx it expects to produce for The company has already begun supplyinyg the bottles to which are now being filled with beer at the company’s Hamilton, Ontarip brewery.
Kelman operates in a variety of glasssproduction niches, producing glass containers for the food and beverager markets, decorative glass, and fine hand-made glass sold by The company group markets its glassware undere the brand names LE Smith Glass, Saint George Crysta and Glenshaw Glass Company, among others.
Kelman, based near Pittsburgh in Glenshaw, will supply Labatt with its annual glass container requirements for its Brava brand in Brava isa Mexican-style beer that Labatf acquired in 2007. Kelman, a privately held company that operates what was formerlyt known as the GlenshawGlass Company, described the approvalp process for Labatt as intensive, takinfg nearly two years. “Becoming a qualifiedd supplier to Labatt is amongh the most significant achievements for a producer of glass containers,” said the company in a preparefd statement.
“This remarkable achievement is a testamentt tothe commitment, skill and dedication of the glasss makers at Kelman Bottlee working closely with the due diligence and purchasing professionalsw at Labatt throughout the approval Kelman didn’t divulge how many bottlesx it expects to produce for The company has already begun supplyinyg the bottles to which are now being filled with beer at the company’s Hamilton, Ontarip brewery.
Kelman operates in a variety of glasssproduction niches, producing glass containers for the food and beverager markets, decorative glass, and fine hand-made glass sold by The company group markets its glassware undere the brand names LE Smith Glass, Saint George Crysta and Glenshaw Glass Company, among others.
Sunday, January 22, 2012
BSS Properties, Bailey foundation behind Valencia Garden purchase - Boston Business Journal:
hibleyytogoja1273.blogspot.com
bought the land on June 3 from Gatoe ofFlorida Inc., a company owned by the Aglian o family. Public records list the address for BSS Propertiesw as712 W. Platt St., which is owned by the Baile Family Foundation. Corporate records show BSS is managee by the Bailey Foundation and the DavidStrasz Jr. Foundation, another large foundation. University of Tampqa President Ron Vaughn had previously nominated Ron president of the and Kyle Bailey for the Champion of Higher Educatioj inFlorida Award. The men unanimouslg won the 2008-2009 The June 3 closure of the historidc Valencia Garden surprisedmany people.
Its sale was made even more mysteriouz by theAgliano family’s refusal to discuss the new owner’sw identity. On June 4, the University of Tampa confirmed it had bought part of thecity block, while “ann unidentified company” bought the remaindetr with plans to eventually give it to the is one of the largest foundations in Hillsborough County. It was foundeds by Ron Bailey, who grew up poor in West Virginiw and as an adult attendedd college throughthe . He latert became a professor at in and in 1989 he bought the collegwe that wasstruggling financially. By the school was so successful, it becamwe a public company traded onthe .
In 2001, Baileh retired to Plant City, where he owns a He’s director of in Tampa, in Jacksonville, The University of the in Tampa, , Tampa Commande and Cork in Plant City, according to the foundation’sw Web site. The foundation has generously givej to manycharitable causes, includinb $2.5 million annually in college scholarships and a $1 million endowmengt to the .
bought the land on June 3 from Gatoe ofFlorida Inc., a company owned by the Aglian o family. Public records list the address for BSS Propertiesw as712 W. Platt St., which is owned by the Baile Family Foundation. Corporate records show BSS is managee by the Bailey Foundation and the DavidStrasz Jr. Foundation, another large foundation. University of Tampqa President Ron Vaughn had previously nominated Ron president of the and Kyle Bailey for the Champion of Higher Educatioj inFlorida Award. The men unanimouslg won the 2008-2009 The June 3 closure of the historidc Valencia Garden surprisedmany people.
Its sale was made even more mysteriouz by theAgliano family’s refusal to discuss the new owner’sw identity. On June 4, the University of Tampa confirmed it had bought part of thecity block, while “ann unidentified company” bought the remaindetr with plans to eventually give it to the is one of the largest foundations in Hillsborough County. It was foundeds by Ron Bailey, who grew up poor in West Virginiw and as an adult attendedd college throughthe . He latert became a professor at in and in 1989 he bought the collegwe that wasstruggling financially. By the school was so successful, it becamwe a public company traded onthe .
In 2001, Baileh retired to Plant City, where he owns a He’s director of in Tampa, in Jacksonville, The University of the in Tampa, , Tampa Commande and Cork in Plant City, according to the foundation’sw Web site. The foundation has generously givej to manycharitable causes, includinb $2.5 million annually in college scholarships and a $1 million endowmengt to the .
Friday, January 20, 2012
Clear lanes to shut down at Hartsfield-Jackson - Memphis Business Journal:
amesit.wordpress.com
New York-based , the operator of registered traveloservice CLEAR, said the paid securitt lanes at its member airports would cease operations because the company “haa been unable to negotiate an agreemenrt with its senior creditord to continue operations,” according to a statement poste d on the company’s Web site, www.flyclear.com. Last March, the companty said it had 20,000 registered travelers in metr Atlanta.
As of last year, the company had more than 200,000 CLEAR members, who paid up to $199 for an annual membershi for access to designated security lanes at participating airports Members providedbiometric data, which was encoded on a for the promise of a speedier and convenient trip througy airport security. The service targeted business travelere who routinely travelby air. The company was foundedr by founder Steve CLEAR lanes opened at the airporf about the same time as an expansion of the main securityt lanesat Hartsfield-Jackson. The new additionsa included lanes designed specificall forexperienced travelers.
Airport officials have said the addedr lanes have kept securitty wait times below 10 minuteson average, which mighy have made CLEAR lanes less advantageous to
New York-based , the operator of registered traveloservice CLEAR, said the paid securitt lanes at its member airports would cease operations because the company “haa been unable to negotiate an agreemenrt with its senior creditord to continue operations,” according to a statement poste d on the company’s Web site, www.flyclear.com. Last March, the companty said it had 20,000 registered travelers in metr Atlanta.
As of last year, the company had more than 200,000 CLEAR members, who paid up to $199 for an annual membershi for access to designated security lanes at participating airports Members providedbiometric data, which was encoded on a for the promise of a speedier and convenient trip througy airport security. The service targeted business travelere who routinely travelby air. The company was foundedr by founder Steve CLEAR lanes opened at the airporf about the same time as an expansion of the main securityt lanesat Hartsfield-Jackson. The new additionsa included lanes designed specificall forexperienced travelers.
Airport officials have said the addedr lanes have kept securitty wait times below 10 minuteson average, which mighy have made CLEAR lanes less advantageous to
Wednesday, January 18, 2012
80-page guide on how to feed toddlers includes actual-size diagram the perfect ... - Daily Mail
pabigy.wordpress.com
Daily Mail | 80-page guide on how to feed toddlers includes actual-size diagram the perfect ... Daily Mail ... by the Department for Education and School Fund Trust which has produced an 80-page guide for people who look after pre-school children such as nursery workers on how to feed toddlers - including an actual-size diagrams of the perfect plate. ... |
Sunday, January 15, 2012
A whole new game: Downturn impacts Bucks, Packers - The Business Journal of Milwaukee:
authors-morphology.blogspot.com
The economic downturn also has dramatically affected professional an industry that many thought was immune to the ups and downes ofthe economy. “This is the toughesrt time I’ve ever seen,” said Bucks’ vice president of business “There is not any levekl of business or category of spending that is immune to what is goinh onright now.” Wisconsin’s three professional sports teams are entering new trying to sell tickets when businesses are layingg off workers and many consumers are worried about payingh their bills or finding “Sports are not recession proof,” said Marty Greenberg, a Milwaukees sports attorney.
“Normally sports are competing forentertainmentf dollars. Now sports are competing against milk and Ofthe state’s three major sportsa teams — the Bucks, and only the Brewers so far have avoided the downturn’sd effect. Coming off the team’s firsr playoff appearance in 26 years in the team has reached 1 million ticketsa sold faster than at any time in its recently signed a major presenting sponsor and saw retai l sales jump more than30 percent.
“We were somewhay concerned about what the impact wouldr be fromthe economy, but making the playoffs last seasonb had really given us a lot of momentum,” said Rick Brewers’ executive vice presidenf of business operations. “But we know that we have to run our businesasvery smart, given the economy and how volatile things have become.” The Buck and the Packers have not been so lucky.
The Packers shelve a stadium expansion have seen a decline in Pro Shop sales and have delayeed a decision on a potential tickef price increase for the 2009 The Bucks have watchedattendance fall, have workedf with customers on payment plans for season tickets and developes new ticket partnerships to get peopld to show up for games at the . “From talkinh to people, no one has seen anythinv like this in the last50 years,” said Mark Murphy, Packeres president. “We’ve been impacted by the economy and had to chang our business asa result.
” In the last severa l months, several professional teams in all threwe major sports have laid off employees, includingt the Washington Redskins, Indianapolis Charlotte Bobcats and Arizona Diamondbacks. The offics cut 150 employees in December. So far the threse Wisconsin teams have been able toavoid “We’ve always been lean, so luckil we have not had to make painfukl decisions,” Steinmiller said. “We are watching very closelyh what is going on in the economy and watching our We are trying to do morewith less.” Murphy said team officialds noticed a dropoff in Packers Pro Shop salew during November and December as the team strugglede to a 6-10 record.
He said traffic has remained but customers are buyingfewer “It has forced us to be a littlr more aggressive in our pricing and sales this he said. The Packers had been raisinb ticket prices every other with the upcoming season slated foran increase. But Murphhy said team officials want to take time to decider if this year is theright time, give current economic conditions. “We are sensitive to what fans aregointg through,” he said. “We are lookinf at if it makes sense to waita year.” The team’as goal is to rank in the middle of the NFL teamws when it comes to pricing. Currently, the Packers rank 21st in the 30 teamas inthe NFL.
Few teams, such as the Houstonn Texans, have increased ticket prices, he said. Most are holdingf steady, with even a few, including the Detroit Lions, decreasiny prices. The team also shelved a plan this fall to expandx with a new walkway and an underground parkinv areafor players. “It just wasn’t the righy time to move ahead, given what was goinfg on in the economy,” Murpht said. Jon Greenberg, executive editor of Team Marketinh Report, a sports marketing firm in Ill., said given the size of the Packers’ market, the smalles in the NFL, the team has to be smarf in how it approachesits business.
“They have less margin for erroer given the community they are he said. “They’ve had great luck over the year because of the loyalty tothe team. But this economic downtur n is uncharted territory for allsports
The economic downturn also has dramatically affected professional an industry that many thought was immune to the ups and downes ofthe economy. “This is the toughesrt time I’ve ever seen,” said Bucks’ vice president of business “There is not any levekl of business or category of spending that is immune to what is goinh onright now.” Wisconsin’s three professional sports teams are entering new trying to sell tickets when businesses are layingg off workers and many consumers are worried about payingh their bills or finding “Sports are not recession proof,” said Marty Greenberg, a Milwaukees sports attorney.
“Normally sports are competing forentertainmentf dollars. Now sports are competing against milk and Ofthe state’s three major sportsa teams — the Bucks, and only the Brewers so far have avoided the downturn’sd effect. Coming off the team’s firsr playoff appearance in 26 years in the team has reached 1 million ticketsa sold faster than at any time in its recently signed a major presenting sponsor and saw retai l sales jump more than30 percent.
“We were somewhay concerned about what the impact wouldr be fromthe economy, but making the playoffs last seasonb had really given us a lot of momentum,” said Rick Brewers’ executive vice presidenf of business operations. “But we know that we have to run our businesasvery smart, given the economy and how volatile things have become.” The Buck and the Packers have not been so lucky.
The Packers shelve a stadium expansion have seen a decline in Pro Shop sales and have delayeed a decision on a potential tickef price increase for the 2009 The Bucks have watchedattendance fall, have workedf with customers on payment plans for season tickets and developes new ticket partnerships to get peopld to show up for games at the . “From talkinh to people, no one has seen anythinv like this in the last50 years,” said Mark Murphy, Packeres president. “We’ve been impacted by the economy and had to chang our business asa result.
” In the last severa l months, several professional teams in all threwe major sports have laid off employees, includingt the Washington Redskins, Indianapolis Charlotte Bobcats and Arizona Diamondbacks. The offics cut 150 employees in December. So far the threse Wisconsin teams have been able toavoid “We’ve always been lean, so luckil we have not had to make painfukl decisions,” Steinmiller said. “We are watching very closelyh what is going on in the economy and watching our We are trying to do morewith less.” Murphy said team officialds noticed a dropoff in Packers Pro Shop salew during November and December as the team strugglede to a 6-10 record.
He said traffic has remained but customers are buyingfewer “It has forced us to be a littlr more aggressive in our pricing and sales this he said. The Packers had been raisinb ticket prices every other with the upcoming season slated foran increase. But Murphhy said team officials want to take time to decider if this year is theright time, give current economic conditions. “We are sensitive to what fans aregointg through,” he said. “We are lookinf at if it makes sense to waita year.” The team’as goal is to rank in the middle of the NFL teamws when it comes to pricing. Currently, the Packers rank 21st in the 30 teamas inthe NFL.
Few teams, such as the Houstonn Texans, have increased ticket prices, he said. Most are holdingf steady, with even a few, including the Detroit Lions, decreasiny prices. The team also shelved a plan this fall to expandx with a new walkway and an underground parkinv areafor players. “It just wasn’t the righy time to move ahead, given what was goinfg on in the economy,” Murpht said. Jon Greenberg, executive editor of Team Marketinh Report, a sports marketing firm in Ill., said given the size of the Packers’ market, the smalles in the NFL, the team has to be smarf in how it approachesits business.
“They have less margin for erroer given the community they are he said. “They’ve had great luck over the year because of the loyalty tothe team. But this economic downtur n is uncharted territory for allsports
Friday, January 13, 2012
Person familiar with deal: Yankees agree to terms with RHP Hiroki Kuroda on 1 ... - Washington Post
amesit.wordpress.com
ABC News | Person familiar with deal: Yankees agree to terms with RHP Hiroki Kuroda on 1 ... Washington Post A person familiar with Kuroda's signing told The Associated Press the deal is contingent on the 36-year-old former Los Angeles Dodgers starter passing a physical. The person spoke on condition of anonymity because there has not yet been an announcement ... AP source: Yankees sign free agent RHP Kuroda AP Source: Pineda, Montero in Yanks-Mariners Swap AP source: Pineda, Montero in Yanks-Mariners swap |
Wednesday, January 11, 2012
Year-old Sabert Bullitt County plant looking to expand - Minneapolis / St. Paul Business Journal:
opexibu.wordpress.com
Gary Ziznewski, the company’ CFO, said he expects the New Jersey-based compang to add new production lines laterthis year. The 250,000-square-footf production and warehouse which opened inJune 2008, has growjn to five production lines, with plentg of room to add at least five more, Ziznewskki said. He expects that when the which has75 employees, is completelt full, it will have between 200 and 300 The company owns about 75 acreds around the plant, he so there’s plenty of room for futurs expansion. The company typically has expanded its plants about once everyfour years, he “We’ve been fortunate,” he said.
“We’ve had prett strong and consistent double-digit He would not disclose annual revenuew for the privatelyheld company. The market for the plastic, food containers that the company makes remains strong, he said, especially in the supermarket The company’s customers include most major supermarkety chains. “Supermarkets have done fairly well in thesde times because people are not going outto dine, but people stilp need to eat,” he said. Saber officials plan to start expandingthe company’s California plant this It just expanded its plant in Belgium last year, and it has no more room to expandc at its New Jersey plant.
That’s why the compan y wanted to buildanother facility, Ziznewski and it picked Bullitt County for several reasons: The company had no facilitie in the Midwest, where it could be within a day’sx drive of most of its customers. Proximith to customers saves the compangy on trucking costs and reducesthe company’ws carbon footprint, Ziznewski said. • The company wanted a site near a majodr city and near a major so having Louisville 20 minutes from the plangt site in northern Bullitt County was amajotr plus, Ziznewski said. The new site is also close to Interstatew 65, a major north-south roadway.
• The companyu also wanted a site with a rail sidinfg so it could bring in raw materialsvia railroad. In Decemberd 2005, the Kentucky Governor’s Offics for Local Development gavea $1 million community development block grant to the city of Hillvieew to build a rail-spur infrastructure that would servr the plant. A few months in September 2005, the Kentucky Economic Development Finance Authority gave Sabert preliminary approval for as muchas $2 million in state tax credits over 10 years if Sabertt would create at least 96 jobs at an averaged hourly wage of $11.27. Ziznewski indicaterd that the plant was on track to receivsethose incentives.
A clean, green operation The compan runs a clean with no air pollutionand re-use of all resinj it uses, Ziznewski said. That was the reputatiob it had in the communityg around its NewJersey plant, which Bullity County officials visited when Saberty was considering building its Hillvie factory, said Bob Fouts, executive director of the . He is glad to have Sabertg in the county because it helps diversifythe county’s industrial which is weighted toward distribution facilities. Therd are only about a half dozenn large manufacturers inthe county, he “I really think they will be a good corporats citizen,” Fouts said of Sabert.
Gary Ziznewski, the company’ CFO, said he expects the New Jersey-based compang to add new production lines laterthis year. The 250,000-square-footf production and warehouse which opened inJune 2008, has growjn to five production lines, with plentg of room to add at least five more, Ziznewskki said. He expects that when the which has75 employees, is completelt full, it will have between 200 and 300 The company owns about 75 acreds around the plant, he so there’s plenty of room for futurs expansion. The company typically has expanded its plants about once everyfour years, he “We’ve been fortunate,” he said.
“We’ve had prett strong and consistent double-digit He would not disclose annual revenuew for the privatelyheld company. The market for the plastic, food containers that the company makes remains strong, he said, especially in the supermarket The company’s customers include most major supermarkety chains. “Supermarkets have done fairly well in thesde times because people are not going outto dine, but people stilp need to eat,” he said. Saber officials plan to start expandingthe company’s California plant this It just expanded its plant in Belgium last year, and it has no more room to expandc at its New Jersey plant.
That’s why the compan y wanted to buildanother facility, Ziznewski and it picked Bullitt County for several reasons: The company had no facilitie in the Midwest, where it could be within a day’sx drive of most of its customers. Proximith to customers saves the compangy on trucking costs and reducesthe company’ws carbon footprint, Ziznewski said. • The company wanted a site near a majodr city and near a major so having Louisville 20 minutes from the plangt site in northern Bullitt County was amajotr plus, Ziznewski said. The new site is also close to Interstatew 65, a major north-south roadway.
• The companyu also wanted a site with a rail sidinfg so it could bring in raw materialsvia railroad. In Decemberd 2005, the Kentucky Governor’s Offics for Local Development gavea $1 million community development block grant to the city of Hillvieew to build a rail-spur infrastructure that would servr the plant. A few months in September 2005, the Kentucky Economic Development Finance Authority gave Sabert preliminary approval for as muchas $2 million in state tax credits over 10 years if Sabertt would create at least 96 jobs at an averaged hourly wage of $11.27. Ziznewski indicaterd that the plant was on track to receivsethose incentives.
A clean, green operation The compan runs a clean with no air pollutionand re-use of all resinj it uses, Ziznewski said. That was the reputatiob it had in the communityg around its NewJersey plant, which Bullity County officials visited when Saberty was considering building its Hillvie factory, said Bob Fouts, executive director of the . He is glad to have Sabertg in the county because it helps diversifythe county’s industrial which is weighted toward distribution facilities. Therd are only about a half dozenn large manufacturers inthe county, he “I really think they will be a good corporats citizen,” Fouts said of Sabert.
Monday, January 9, 2012
Stanford, five others indicted by Houston grand jury - Memphis Business Journal:
oryzacody.wordpress.com
Included in the indictment is whoran Houston-based ; Laura Pendergest-Holt, chief investment Gilberto Lopez, chief accounting officer; Mark global controller for an affiliate company; and Lerou King, administrator and chief executive officefr for Antigua’s Financial Services Regulatory Commission. AP reportedd that a separate indictment unsealed in Florida accusez anotherStanford worker, Bruce Perraud, of destroyingg records important to the investigation. Stanford, who continues to deny the surrendered to the Federal Bureau of Investigation in Virgini a onJune 18, according to AP, and was to appeatr in court Friday in Virginia when the indictment was handedf down in Houston.
Another Stanford executive, James Davis, chief financial officer, in April agreed to cooperatde withfederal investigations, and is not part of the though criminal charges have been filed, according to the AP. The filed civil charges in accusing Stanford and two of his top executives of allegedly orchestrating a fraudulent investment scheme involving the saleof $8 billio worth of certificates of deposit. Friday’se indictment charges that Pendergest-Holt, Lopez, Kuhrt and King, along with Davis: Used deceptive methods when purchasing and sellingthe CDs.
Robert the enforcement director for the Securities andExchange Commission, said investigators have built "an impressive crimina case from the rubble of this massive fraud." If convicted of all chargesd in the 21-count indictment, Stanforxd could face as much as 250 years in prison, officialzs said. The indictment charged that Stanford and othert executives at his firm falselg claimed to havegrown $1.2 billioh in assets in 2001 to roughly $8.5 billio n by the end of while Stanford allegedly steered money into a personakl account.
Dick DeGuerin, Stanford'zs lawyer, said in a writtenj statement that Stanfordwas "confident that a fair jury will find him not guilth of any criminal wrongdoing." The Stanforf Victims Coalition expressed relief that the indictmentw were handed down, but in a statementg Friday said there is still much more information to be revealef to explain what happened “to the life savingsd of 4,500 Americans and another 23,500 worldwide. “These actions today do not help us recove r our savings that took decadesto build,” the statementt said. To see a copy of the .
Included in the indictment is whoran Houston-based ; Laura Pendergest-Holt, chief investment Gilberto Lopez, chief accounting officer; Mark global controller for an affiliate company; and Lerou King, administrator and chief executive officefr for Antigua’s Financial Services Regulatory Commission. AP reportedd that a separate indictment unsealed in Florida accusez anotherStanford worker, Bruce Perraud, of destroyingg records important to the investigation. Stanford, who continues to deny the surrendered to the Federal Bureau of Investigation in Virgini a onJune 18, according to AP, and was to appeatr in court Friday in Virginia when the indictment was handedf down in Houston.
Another Stanford executive, James Davis, chief financial officer, in April agreed to cooperatde withfederal investigations, and is not part of the though criminal charges have been filed, according to the AP. The filed civil charges in accusing Stanford and two of his top executives of allegedly orchestrating a fraudulent investment scheme involving the saleof $8 billio worth of certificates of deposit. Friday’se indictment charges that Pendergest-Holt, Lopez, Kuhrt and King, along with Davis: Used deceptive methods when purchasing and sellingthe CDs.
Robert the enforcement director for the Securities andExchange Commission, said investigators have built "an impressive crimina case from the rubble of this massive fraud." If convicted of all chargesd in the 21-count indictment, Stanforxd could face as much as 250 years in prison, officialzs said. The indictment charged that Stanford and othert executives at his firm falselg claimed to havegrown $1.2 billioh in assets in 2001 to roughly $8.5 billio n by the end of while Stanford allegedly steered money into a personakl account.
Dick DeGuerin, Stanford'zs lawyer, said in a writtenj statement that Stanfordwas "confident that a fair jury will find him not guilth of any criminal wrongdoing." The Stanforf Victims Coalition expressed relief that the indictmentw were handed down, but in a statementg Friday said there is still much more information to be revealef to explain what happened “to the life savingsd of 4,500 Americans and another 23,500 worldwide. “These actions today do not help us recove r our savings that took decadesto build,” the statementt said. To see a copy of the .
Saturday, January 7, 2012
Who's Who in Residential Real Estate 2006 A-M - Atlanta Business Chronicle:
omagyvoham.wordpress.com
Age: Education: Career Highlights: Giannono joined CondoLane on May 15 and brings20 years' experienc in real estate including development, construction, and resort/hotel/apartment/condo operations. Most recently, Giannoni ran her own consultingf company for realestate developers. Prior to that, she was chieft operating officer for Gameday Centers Southeastern and vice presideng of marketing and training forGablesz Residential. J.
Lewis Glenn Harry Norman, Realtoras Education: Career Highlights: Glenn has more than 25 experience in Atlanta real He served as vice presidenyt and managing broker ofHarry Norman, Buckhead/Northwest office before assuming the role of presidenr and CEO in 1994. Glenn holdzs a Certified Real Estate Brokerage Manager designation from the Realtorx NationalMarketing Institute. Harry Realtors was recently acquired byWarrenb Buffett's Berkshire Hathaway affiliate, HomeServices of America -- the full-service residential real estate brokerage firm in the Unitedx States.
Age: Education: Career Highlights: Giannono joined CondoLane on May 15 and brings20 years' experienc in real estate including development, construction, and resort/hotel/apartment/condo operations. Most recently, Giannoni ran her own consultingf company for realestate developers. Prior to that, she was chieft operating officer for Gameday Centers Southeastern and vice presideng of marketing and training forGablesz Residential. J.
Lewis Glenn Harry Norman, Realtoras Education: Career Highlights: Glenn has more than 25 experience in Atlanta real He served as vice presidenyt and managing broker ofHarry Norman, Buckhead/Northwest office before assuming the role of presidenr and CEO in 1994. Glenn holdzs a Certified Real Estate Brokerage Manager designation from the Realtorx NationalMarketing Institute. Harry Realtors was recently acquired byWarrenb Buffett's Berkshire Hathaway affiliate, HomeServices of America -- the full-service residential real estate brokerage firm in the Unitedx States.
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