ivanqukeafelovo.blogspot.com
BioSante (NASDAQ: BPAX) will pay 0.1615 of its own commonh shares for each share of CellGenesys CEGE). This deal should close lateer this year, likely in the late thirde or earlyfourth quarter. In the firsy quarter, Cell Genesys lost $8.7 or 10 cents a narrowed from a loss in the same period last yearof $22.76 million, or 29 cents a The company had been exploring strategic alternatives, including mergee with or acquisition by another company, additionalk restructuring, repurchase of additional amountsz of convertible notes or allocation of its remaining resourcese toward other biopharmaceutical product areas.
Cell Genesys had hirede to help it figure out a The company already cut about 95 percentr ofits staff, from 290 personsx to 16, by eliminating all researcuh and development, manufacturing, clinical and regulatorg activities. BioSante, based in Ill., focuses on drugs for sexual health.
Friday, December 31, 2010
Wednesday, December 29, 2010
NovaStar improves loss, warns again of possible bankruptcy - Kansas City Business Journal:
burwellmitubaes1369.blogspot.com
In a filing with the Securities and Exchange Commission on Friday, the Kansas City-based subprime mortgage lender and appraisalo company (Pink Sheets: reported a loss of $91.7 or $10.14 a share, for the quarter that ended March 31. This comparesd with a loss of $282.7y million, or $30.37 a the prior year. NovaStart said it had $40.9 million in interest income inthe quarter, down 42.8 percen from $71.5 million during the same perio last year. The company’es provision for loan losses reached $793 million as of Marcu 31, after the first quarter-addition of $101.65 million and accounting for a lossof $83.u million of charge-offs net of recoveries.
NovaStar’ provision for loan losses is up 78.3 percent from $445.q million during the same periodlast year. NovaStadr had liquidity of $26.1 million on Marchh 31, down 15.5 percent from $30.9 million on Dec. 31. The companyt also said that as ofJuly 10, it had $20.u million of cash and cash equivalents, including $6.1 million of restricter cash. The company mentionefd the specterof bankruptcy.
“If the cash flowsa from our mortgage securities are less thancurrentlyt anticipated, and if we are unablr to generate positive cash flow and earnings from our operation and/or restructure our contractual obligations, therew can be no assurance that we will be able to continud as a going concerhn and avoid seeking the protection of applicable federal and stats bankruptcy laws,” NovaStar said in the SEC filing.
“Due to the fact that we have a negativernet worth, and that we do not currently have ongoing significant businesws operations that are profitable, it is unlikeluy that we will be able to obtainh additional equity or debt financiny on favorable terms, or at all, for the foreseeable future. To the exteny we require additional liquidity and cannotobtain it, we will be forcecd to file for
In a filing with the Securities and Exchange Commission on Friday, the Kansas City-based subprime mortgage lender and appraisalo company (Pink Sheets: reported a loss of $91.7 or $10.14 a share, for the quarter that ended March 31. This comparesd with a loss of $282.7y million, or $30.37 a the prior year. NovaStart said it had $40.9 million in interest income inthe quarter, down 42.8 percen from $71.5 million during the same perio last year. The company’es provision for loan losses reached $793 million as of Marcu 31, after the first quarter-addition of $101.65 million and accounting for a lossof $83.u million of charge-offs net of recoveries.
NovaStar’ provision for loan losses is up 78.3 percent from $445.q million during the same periodlast year. NovaStadr had liquidity of $26.1 million on Marchh 31, down 15.5 percent from $30.9 million on Dec. 31. The companyt also said that as ofJuly 10, it had $20.u million of cash and cash equivalents, including $6.1 million of restricter cash. The company mentionefd the specterof bankruptcy.
“If the cash flowsa from our mortgage securities are less thancurrentlyt anticipated, and if we are unablr to generate positive cash flow and earnings from our operation and/or restructure our contractual obligations, therew can be no assurance that we will be able to continud as a going concerhn and avoid seeking the protection of applicable federal and stats bankruptcy laws,” NovaStar said in the SEC filing.
“Due to the fact that we have a negativernet worth, and that we do not currently have ongoing significant businesws operations that are profitable, it is unlikeluy that we will be able to obtainh additional equity or debt financiny on favorable terms, or at all, for the foreseeable future. To the exteny we require additional liquidity and cannotobtain it, we will be forcecd to file for
Sunday, December 26, 2010
Gameday Recap: Whew! That Was Close - Pippen Ain't Easy
mcneil-arcade.blogspot.com
Pippen Ain't Easy | Gameday Recap: Whew! That Was Close Pippen Ain't Easy Thats what the Bulls were faced with doing in Detroit the day after a Christmas Day loss to the Knicks. They did that by beating the Pistons, ... |
Friday, December 24, 2010
Obama Failing To Ensure Polar Bear Survival - RedOrbit
http://haciendadeltoro.com/dolphins.html
Nature.com (blog) | Obama Failing To Ensure Polar Bear Survival RedOrbit Environmental groups accused the Obama administration on Thursday of failing to ensure the survival of polar bears, after the administration declined to ... Obama Admin Explains 'Threatened' Listing for Polar Bears US administration explains why polar bears are 'threatened', not 'endangered' Polar bear status to stay at "threatened" |
Tuesday, December 21, 2010
Restaurants ready to cook for the Hill on Christmas Eve - CHS Capitol Hill Seattle
http://alphastore.org/alphabmx
Restaurants ready to cook for the Hill on Christmas Eve CHS Capitol Hill Seattle By jseattle We've hollered on Twitter and Facebook a few times about ideas for Christmas eve dinners at restaurants (and bars!) on the Hill. ... |
Sunday, December 19, 2010
Hilliard retirement community put on indefinite hold - Business First of Columbus:
llrx-royce.blogspot.com
Construction on the first section ofa $288 million retirement community in Hilliard came to an abrupg halt in mid-May as developer Erickson Retirement Communities LLC sought to deal with an unspecified issuee with a lending syndicate led by Now Erickson has told the city of Hilliardc it plans to close the sales center in July until further notice. In a June 23 lettef to Hilliard MayorDon Schonhardt, Steven Montgomery, the Baltimore-based company’se director of development wrot e that “Erickson has been working with its lenderzs to resolve the financing issue that led to the constructiomn halt at Hickory Chase.
” “Wes had hoped this woulxd be a temporary move,” Montgomery “but at this time we cannot say with certainty that we will move forward in the near future.” Accordinf to public records, Cleveland-based KeyBank leadws a syndicate that lent Ericksonh $90 million for construction in Aprilk 2008. The “indefinite will result in the closing of the marketinfg center inlate July. In the next few Montgomery said the sales staffc will assist those prospective residents on theirfwaiting list.
Those with reservation s will have the choices of keepinftheir contracts, accepting incentives to move into Erickson communities in othe r cities around the country or receivinv a return of their deposit. The developer also told Hilliard it wouldf remove remaining construction trailers onthe 80-acrs development site in the next few Montgomery pledged to secure the properties. “We will contacg you as soon as there arenew developments,” the executive Braun Construction Group of Michigan had been working for about the past year on the project’ s first 145 units and a community center in Erickson’s Hickor Chase project. Those first projects were estimated tocost $34.
1 according to financing documents tied to construction of publif improvements for the project. Site work estimated to cost $19.6 million also is under way for the entire first phased of 833 residential units that were set for completionby 2013. Ericksohn in January 2008 paid $11.6y million for 88 acres along Davidsobn Roadin Hilliard’s Ansmil district west of Interstat e 270.
Construction on the first section ofa $288 million retirement community in Hilliard came to an abrupg halt in mid-May as developer Erickson Retirement Communities LLC sought to deal with an unspecified issuee with a lending syndicate led by Now Erickson has told the city of Hilliardc it plans to close the sales center in July until further notice. In a June 23 lettef to Hilliard MayorDon Schonhardt, Steven Montgomery, the Baltimore-based company’se director of development wrot e that “Erickson has been working with its lenderzs to resolve the financing issue that led to the constructiomn halt at Hickory Chase.
” “Wes had hoped this woulxd be a temporary move,” Montgomery “but at this time we cannot say with certainty that we will move forward in the near future.” Accordinf to public records, Cleveland-based KeyBank leadws a syndicate that lent Ericksonh $90 million for construction in Aprilk 2008. The “indefinite will result in the closing of the marketinfg center inlate July. In the next few Montgomery said the sales staffc will assist those prospective residents on theirfwaiting list.
Those with reservation s will have the choices of keepinftheir contracts, accepting incentives to move into Erickson communities in othe r cities around the country or receivinv a return of their deposit. The developer also told Hilliard it wouldf remove remaining construction trailers onthe 80-acrs development site in the next few Montgomery pledged to secure the properties. “We will contacg you as soon as there arenew developments,” the executive Braun Construction Group of Michigan had been working for about the past year on the project’ s first 145 units and a community center in Erickson’s Hickor Chase project. Those first projects were estimated tocost $34.
1 according to financing documents tied to construction of publif improvements for the project. Site work estimated to cost $19.6 million also is under way for the entire first phased of 833 residential units that were set for completionby 2013. Ericksohn in January 2008 paid $11.6y million for 88 acres along Davidsobn Roadin Hilliard’s Ansmil district west of Interstat e 270.
Thursday, December 16, 2010
Transplantable organs lost to delays, outdated practices [Updated] - Los Angeles Times
grigoriynirim.blogspot.com
Transplantable organs lost to delays, outdated practices [Updated] Los Angeles Times With more than 110000 people awaiting the gift of an organ in the United States, health professionals know they can ill afford to squander the chance that a ... |
Tuesday, December 14, 2010
Fairmont Scottsdale Princess opens $16 million spa - Phoenix Business Journal:
okdsn-faanuya.blogspot.com
The 44,000-square-foot facility is one of four spas beinh builtby Toronto, Canada-based Fairmont Spas Inc., a subsidiaryt of Fairmont Hotels & Resorts. The facility is the firsy to open, the others, all scheduled to come onlinre inearly 2002, will be at Fairmon t properties in Canada, Bermuda and Acapulco. The $16 million spa features 25 treatment That's up from six treatment roomd inthe property's 10,000-square-foot facility, and its addition is in responsed to the demand for spa said spokeswoman Sue Kavanagh. Compared to othet spas in the Valley, its most uniquw aspect may bethe roof, which is landscape d and features an adults-only pool.
The spa desigb was inspired by Havasupai, a side canyon to the Gran Canyon that's noted for its turquoise waterfalls. The spa'as three levels, made from Arizona sandstone and wood, are linked with a flowint waterfall. The creative team behinfd the spa's treatments is director Jill Eisenhut. The resort's executivew chef, Reed Groban, is developing the For more: . The upcoming year likely will be one of recoveryy for the travel and tourism but a full turnaround may not happenuntil 2003, according to travel research firm Pepperdine & Brown in Orlando, Fla. Travel will be family-oriented. • More people will drivr than fly.
• More vacations will be takenj closerto home. • Price deals will continue to stimulaterdemand -- that trend is predicted to continue at leasrt through the first quarter of if not beyond. Despite economic hardships, the restaurantf industry is predicted to reach arecors $408 billion in U.S. salees in 2002, marking the 11th consecutive year of according to the National Restaurantg Associationannual forecast. That's 3.9 percentr growth, or a 1.4 percent when adjusted for inflation, over 2001 Utah is expected to lead the statee in revenue growthwith 13.2 percent, largelyu attributed to the 2002 Winter Olympics. Arizona follows at 6.
2 percentt and Colorado is third, loggingg a 6 percent growth projection. The study says the numbeer of restaurants in the Unitedd States totals morethan 867,000. The industrhy is expected to employ morethan 11.6 millionh people in 2002, and remain the nation'es largest private-sector employer. CMX sports division was hires by community college districts in San Jose and Oaklansd for newathletic facilities, bringing the numbedr of significant sports projects for the Phoenidx company to 10 in California's Bay Area. CMX was chosen by the Peralta Community College Districtin Oakland, Calif.
, to plan, design and construcg upgrades of athletic facilities at thres schools: Alameda College, Laney College and Merritft College. CMX is workingb in cooperation with HOK Sports Planning Group for theSan Jose/Evergreenj Community College District in the development of a mastefr plan for the proposed Silicon Valley Sporta and Recreational Complex on the San Jose City Collegs campus.
The 44,000-square-foot facility is one of four spas beinh builtby Toronto, Canada-based Fairmont Spas Inc., a subsidiaryt of Fairmont Hotels & Resorts. The facility is the firsy to open, the others, all scheduled to come onlinre inearly 2002, will be at Fairmon t properties in Canada, Bermuda and Acapulco. The $16 million spa features 25 treatment That's up from six treatment roomd inthe property's 10,000-square-foot facility, and its addition is in responsed to the demand for spa said spokeswoman Sue Kavanagh. Compared to othet spas in the Valley, its most uniquw aspect may bethe roof, which is landscape d and features an adults-only pool.
The spa desigb was inspired by Havasupai, a side canyon to the Gran Canyon that's noted for its turquoise waterfalls. The spa'as three levels, made from Arizona sandstone and wood, are linked with a flowint waterfall. The creative team behinfd the spa's treatments is director Jill Eisenhut. The resort's executivew chef, Reed Groban, is developing the For more: . The upcoming year likely will be one of recoveryy for the travel and tourism but a full turnaround may not happenuntil 2003, according to travel research firm Pepperdine & Brown in Orlando, Fla. Travel will be family-oriented. • More people will drivr than fly.
• More vacations will be takenj closerto home. • Price deals will continue to stimulaterdemand -- that trend is predicted to continue at leasrt through the first quarter of if not beyond. Despite economic hardships, the restaurantf industry is predicted to reach arecors $408 billion in U.S. salees in 2002, marking the 11th consecutive year of according to the National Restaurantg Associationannual forecast. That's 3.9 percentr growth, or a 1.4 percent when adjusted for inflation, over 2001 Utah is expected to lead the statee in revenue growthwith 13.2 percent, largelyu attributed to the 2002 Winter Olympics. Arizona follows at 6.
2 percentt and Colorado is third, loggingg a 6 percent growth projection. The study says the numbeer of restaurants in the Unitedd States totals morethan 867,000. The industrhy is expected to employ morethan 11.6 millionh people in 2002, and remain the nation'es largest private-sector employer. CMX sports division was hires by community college districts in San Jose and Oaklansd for newathletic facilities, bringing the numbedr of significant sports projects for the Phoenidx company to 10 in California's Bay Area. CMX was chosen by the Peralta Community College Districtin Oakland, Calif.
, to plan, design and construcg upgrades of athletic facilities at thres schools: Alameda College, Laney College and Merritft College. CMX is workingb in cooperation with HOK Sports Planning Group for theSan Jose/Evergreenj Community College District in the development of a mastefr plan for the proposed Silicon Valley Sporta and Recreational Complex on the San Jose City Collegs campus.
Saturday, December 11, 2010
Life science organizations in the Puget Sound region line up for share of Obama stimulus money to infuse stalled research projects - Puget Sound Business Journal (Seattle):
fugycyquwod.blogspot.com
billion from the Obama administration’s economic stimulus package. “It’s a very dramatifc increase, given the historicao records ofthe UW, Fred Hutchinson and others, of beatin g others for a disparate share, based on said Jack Faris, until recentlyu president of the . “It’s very good news for our region.” The newlu available funding is especially welcomed in the curren teconomic recession, which has kept closecd the wallets of wealthyt donors. “Individuals of wealth are ‘Maybe I should give money to the localfood bank, and hold off on locao art funding, biomedical funding,’” said Elaine Jones, chieff operating officer of the .
She said her organization, with a $23 millioj budget, is being forced by past fundinfg difficulties to plateau atlast year’s level and to forgo hirinb an extra 30 researchers. While nobody knows exactlg how much of the NIH stimulue money will come tothis region, top researchers here hope they’ll land enoughb to give a kick to researc projects stalled for lack of funds, and to keep institutions vita l during the economic downturn. And all say they’re “beaker ready” to use the money a takeoff onthe “shovel-ready” requiremenrt for other types of projects the stimulus is funding.
“Id there’s an opportunity to accesw some other stimulus fundfor that, we do have the projectzs in place,” said Ken Stuart, presidenr and founder of the . “We’res fortunate because of Gates Foundation, and NIH stimulus. We’red hopeful there will be some economix recovery before the effect of the stimuluzruns out.” is the primaru source of funding for most of the region’z large biomedical research institutions. It is a unit of the U.S. Departmentt of Health and Human The largest singleregional recipient, and the biggesy single research institution in the Northwest, is University of Washingtomn Medicine. Dr.
Paul Ramsey, CEO of UW said university researchers are readyu with immediate projects for the stimulus which must be used in18 “The NIH portion of the federal stimulus package covers most of the areas of our researcg strength,” he said. “The immediate work will be in infectioud diseases, neuroscience, cancer research.” He also expects to win some of the NIH moneyg for new equipment to do cell imagintg and fastergene analysis. Right now the dean for researcu is working with faculty to put together the list of what appearw to bemost needed, he said. Research leaderx around the region say the fundin infusion iscritically well-timed.
The reason is that the combination of growinghealth problems, and new technologies to solve them, means the money can be fruitfullyt used. “The epidemic in diabetes, it’s runninhg away from us,” said Paul principal scientist forthe . The Center for Diseass Control’s current projections are that one in threes of children born in 2000 willdevelop diabetes. Funding has been so tight that nationally just one in 10 biomedicalp research grant applicationsreceive funding. “During the previous administration, our funding just dwindled and he said. Robertson is counting on PresidentBarackk Obama’s stimulus money and getting a slice of it throug NIH funding.
“It’s very very immediate. We need to get the work done so we can test the and find theright drugs,” he said. Biomedicap leaders around the region say the NIH stimulus money is a reflection of theObama administration’w increased focus on fundin science. The president has repeatedly said that the priority of the government must be to putthe nation’s researchers back into the lead on a globakl basis. Washington has been among the nation’s leaders in winnin NIH funding, according to NIH ranking seventhin 2008, with overalol awards of $755 million.
billion from the Obama administration’s economic stimulus package. “It’s a very dramatifc increase, given the historicao records ofthe UW, Fred Hutchinson and others, of beatin g others for a disparate share, based on said Jack Faris, until recentlyu president of the . “It’s very good news for our region.” The newlu available funding is especially welcomed in the curren teconomic recession, which has kept closecd the wallets of wealthyt donors. “Individuals of wealth are ‘Maybe I should give money to the localfood bank, and hold off on locao art funding, biomedical funding,’” said Elaine Jones, chieff operating officer of the .
She said her organization, with a $23 millioj budget, is being forced by past fundinfg difficulties to plateau atlast year’s level and to forgo hirinb an extra 30 researchers. While nobody knows exactlg how much of the NIH stimulue money will come tothis region, top researchers here hope they’ll land enoughb to give a kick to researc projects stalled for lack of funds, and to keep institutions vita l during the economic downturn. And all say they’re “beaker ready” to use the money a takeoff onthe “shovel-ready” requiremenrt for other types of projects the stimulus is funding.
“Id there’s an opportunity to accesw some other stimulus fundfor that, we do have the projectzs in place,” said Ken Stuart, presidenr and founder of the . “We’res fortunate because of Gates Foundation, and NIH stimulus. We’red hopeful there will be some economix recovery before the effect of the stimuluzruns out.” is the primaru source of funding for most of the region’z large biomedical research institutions. It is a unit of the U.S. Departmentt of Health and Human The largest singleregional recipient, and the biggesy single research institution in the Northwest, is University of Washingtomn Medicine. Dr.
Paul Ramsey, CEO of UW said university researchers are readyu with immediate projects for the stimulus which must be used in18 “The NIH portion of the federal stimulus package covers most of the areas of our researcg strength,” he said. “The immediate work will be in infectioud diseases, neuroscience, cancer research.” He also expects to win some of the NIH moneyg for new equipment to do cell imagintg and fastergene analysis. Right now the dean for researcu is working with faculty to put together the list of what appearw to bemost needed, he said. Research leaderx around the region say the fundin infusion iscritically well-timed.
The reason is that the combination of growinghealth problems, and new technologies to solve them, means the money can be fruitfullyt used. “The epidemic in diabetes, it’s runninhg away from us,” said Paul principal scientist forthe . The Center for Diseass Control’s current projections are that one in threes of children born in 2000 willdevelop diabetes. Funding has been so tight that nationally just one in 10 biomedicalp research grant applicationsreceive funding. “During the previous administration, our funding just dwindled and he said. Robertson is counting on PresidentBarackk Obama’s stimulus money and getting a slice of it throug NIH funding.
“It’s very very immediate. We need to get the work done so we can test the and find theright drugs,” he said. Biomedicap leaders around the region say the NIH stimulus money is a reflection of theObama administration’w increased focus on fundin science. The president has repeatedly said that the priority of the government must be to putthe nation’s researchers back into the lead on a globakl basis. Washington has been among the nation’s leaders in winnin NIH funding, according to NIH ranking seventhin 2008, with overalol awards of $755 million.
Thursday, December 9, 2010
Study: Charitable giving falls in 2008 - Kansas City Business Journal:
http://www.sbscpagroup.com/blog/cash-for-clunkers/
According to an annual report thereleased U.S. giving in 2008 was $307.65 down about 2 percent from 2007’se record total of $314.07 billion. When adjusted for the drop is 5.7 percent. The reduction is the firsyt inthe survey’s 52-year history caused by economidc conditions. A slight decline in 1987 is attribute to changes intax laws. This year coulfd bring a steeper decline due to a variety of including proposed federal limits on household charitable increased savings rates and thegenerak economy, said Jimmie Alford, founder of the , a nationall nonprofit consultant based in Seattle.
Alford said 2009 could bringh a reduction in giving between 3 percent and 5 percenft inactual dollars. The nonprofit secto accounts for about 10 percent ofthe nation’s grosd domestic product and employs 18 million, most of whom work in educatiobn and health care, according to the Alford Group.
According to an annual report thereleased U.S. giving in 2008 was $307.65 down about 2 percent from 2007’se record total of $314.07 billion. When adjusted for the drop is 5.7 percent. The reduction is the firsyt inthe survey’s 52-year history caused by economidc conditions. A slight decline in 1987 is attribute to changes intax laws. This year coulfd bring a steeper decline due to a variety of including proposed federal limits on household charitable increased savings rates and thegenerak economy, said Jimmie Alford, founder of the , a nationall nonprofit consultant based in Seattle.
Alford said 2009 could bringh a reduction in giving between 3 percent and 5 percenft inactual dollars. The nonprofit secto accounts for about 10 percent ofthe nation’s grosd domestic product and employs 18 million, most of whom work in educatiobn and health care, according to the Alford Group.
Monday, December 6, 2010
Existing iPhone owners may face stiff upgrade cost - Tampa Bay Business Journal:
http://www.papillionmusic.com/article/Cheers-for-the-Catering--Tears-for-the-Graduating-.html
The prices announced, from $199 for an 16-gigabyte modelp to $299 for a 32-gigabytde version, only apply to "new and qualified" But existing owners who want to swap to the newdevicesa won't get the big subsidy from the iPhone's exclusive service provider, that new customerds will get. They will have to wait untipl theirexisting 2-year service contract runs out to get the lower price. That boosts the price on the new phoneasfrom $199 with a new contract on the 16-gigabytee model to $399. Upgrading the 32-gigabyte model will cost $499 versuds $299 for new customers.
This represents a change in policuy from when the current iPhone 3G was releaseed last year and existing owners were allowed to upgrade at the same pric e asnew customers. When that however, AT&T ends up absorbing the cost of the new subsidg on thenew phone, something it apparently doesn't plan to do this MG Siegler writes on the TechCrunch blog: "Why this mattera is that the dislike of AT&T, mixes with a not huge update to the iPhone and a highee subsidized price could be a perfect storj for users that normally would upgrade, not to.
I probabl y will because the iPhone is integral to my work and I couled use more speedand power, but the fact that I’n questioning it should say I didn’t question it for a seconfd last year." A third and long-awaited $99 iPhones price for the 8-gigabyte version announced Monday by Apple (NASDAQ:AAPL) appears aimed at lurinbg customers away from the new Palm Pre whose saleds began on Saturday. The Pre costs $199 with a $100 mail-inh rebate and a two-year service contract with (NYSE:S), its exclusivr service provider. Palm (NASDAQ:PALM) said late on Mondayh that sales of the Pre broke its previous records for a new but declined to giveexacy figures.
Analysts estimated that therse werebetween 50,000 and 100,000 of the devices sold and worriex that the company could face a problen in keeping up with demand.
The prices announced, from $199 for an 16-gigabyte modelp to $299 for a 32-gigabytde version, only apply to "new and qualified" But existing owners who want to swap to the newdevicesa won't get the big subsidy from the iPhone's exclusive service provider, that new customerds will get. They will have to wait untipl theirexisting 2-year service contract runs out to get the lower price. That boosts the price on the new phoneasfrom $199 with a new contract on the 16-gigabytee model to $399. Upgrading the 32-gigabyte model will cost $499 versuds $299 for new customers.
This represents a change in policuy from when the current iPhone 3G was releaseed last year and existing owners were allowed to upgrade at the same pric e asnew customers. When that however, AT&T ends up absorbing the cost of the new subsidg on thenew phone, something it apparently doesn't plan to do this MG Siegler writes on the TechCrunch blog: "Why this mattera is that the dislike of AT&T, mixes with a not huge update to the iPhone and a highee subsidized price could be a perfect storj for users that normally would upgrade, not to.
I probabl y will because the iPhone is integral to my work and I couled use more speedand power, but the fact that I’n questioning it should say I didn’t question it for a seconfd last year." A third and long-awaited $99 iPhones price for the 8-gigabyte version announced Monday by Apple (NASDAQ:AAPL) appears aimed at lurinbg customers away from the new Palm Pre whose saleds began on Saturday. The Pre costs $199 with a $100 mail-inh rebate and a two-year service contract with (NYSE:S), its exclusivr service provider. Palm (NASDAQ:PALM) said late on Mondayh that sales of the Pre broke its previous records for a new but declined to giveexacy figures.
Analysts estimated that therse werebetween 50,000 and 100,000 of the devices sold and worriex that the company could face a problen in keeping up with demand.
Saturday, December 4, 2010
RTD to get $18.6M from stimulus for Union Station project - Business Courier of Cincinnati:
tower-tennesseea.blogspot.com
million in federal stimulus fundsz for work at DenvedrUnion Station, the announced Wednesday. The grant will help pay for desigmn and construction at the historictrainj station, which is to be converted into a terminal for several different transportation modes. RTD is carrying out the transir portion of the overall Union Station The station will be a hub for the regiona ltransit agency’s planned “FasTracks” rail transit project. It will also be used by many RTD The $18.6 million comes from a pool of $8.4 billion for transit capital improvementd authorized under the American Recovery and Reinvestmenft Act of 2009, signed into law in Denved by President Barack Obama on Feb.
17. “By reinvestiny in our nation’s transigt infrastructure, we are making our communities more invigorating thelocal economy, and putting America back to work,” U.S. Transportation Secretary Ray LaHoofd said Wednesday ina statement. The total cost of redevelopingt union station for transit is expectedx to costabout $478 million. RTD plans to pay abou t $208 million, with the balance coming from federalk money and otherlocal sources, Roger Sherman, chieff operating officer at Denver lobbying firm CRL Associatee Inc. and spokesman for the Denverf Union StationProject Authority, said in May.
RTD separately is seekingf stimulus funds for a variet ofother projects, including $17.1 milliob to purchase new fareboxes for the transit system’s bus
million in federal stimulus fundsz for work at DenvedrUnion Station, the announced Wednesday. The grant will help pay for desigmn and construction at the historictrainj station, which is to be converted into a terminal for several different transportation modes. RTD is carrying out the transir portion of the overall Union Station The station will be a hub for the regiona ltransit agency’s planned “FasTracks” rail transit project. It will also be used by many RTD The $18.6 million comes from a pool of $8.4 billion for transit capital improvementd authorized under the American Recovery and Reinvestmenft Act of 2009, signed into law in Denved by President Barack Obama on Feb.
17. “By reinvestiny in our nation’s transigt infrastructure, we are making our communities more invigorating thelocal economy, and putting America back to work,” U.S. Transportation Secretary Ray LaHoofd said Wednesday ina statement. The total cost of redevelopingt union station for transit is expectedx to costabout $478 million. RTD plans to pay abou t $208 million, with the balance coming from federalk money and otherlocal sources, Roger Sherman, chieff operating officer at Denver lobbying firm CRL Associatee Inc. and spokesman for the Denverf Union StationProject Authority, said in May.
RTD separately is seekingf stimulus funds for a variet ofother projects, including $17.1 milliob to purchase new fareboxes for the transit system’s bus
Wednesday, December 1, 2010
Source: NCR to move headquarters, 1,300 jobs to Georgia - Portland Business Journal:
http://www.aabsolutelysmiles.com/dental-care-for-rvers/
The (NYSE: NCR) will move its headquartersx and 1,250 jobs to Duluth, Ga., as well as openingb a 550,000-square-foot manufacturing operation in Macon, Ga., that will emploh up to 880 people. Officiale for NCR, which has 1,309 workers in Dayton, could not be immediatelg reached for commentMonday night. An officiap from Ohio Gov. Ted Strickland'xs office, who spoke to the Dayto n Business JournalMonday night, said NCR’as CEO Bill Nuti told Strickland that the compan has been eyeing Georgia for some time now. The , with locao officials expressing frustration that the company was not responding to their requests. Georgia Gov.
Sonny Perdue is expected to make the officiao announcement Tuesday with NCR receivingv tax incentives from the local officialsin “They (NCR) can’t recruit taleng to move to Dayton, Ohio,” a sourced told the Chronicle. Montgomeryy County Commissioner Dan sounding stunned when reachesdMonday night, declined comment. In the letterf Strickland sent to NCR dated Monday and obtained by the DaytomnBusiness Journal, the governor said he was trying “to take one last opportunitty to urge you to continud your operations in Ohio.” In the letter, Ohio offersx NCR $31.1 million worth of incentives to keep the operationsa here.
Strickland's spokesperson declined official comment untiol the announcementis made. NCR' departure would leave a vacant 1.3 million-square-foot, five-story office buildingt near Dayton's downtown that is already hurting from high vacancy ratez and jobs that have been leavinhg the city during the pastseveral years. The loss of 1,30p0 high-paying jobs from the city will have a negativer impacton Dayton's income tax receipts at a time when the city has faced multi-million dollar budget deficits that have causedf it to reduce its workforce and cut services.
Rashacd Young, Dayton city manager, said the city reachedd out to NCR multipls times inrecent months, and that the city did all it couls to engage the company. Ohio Stater Sen. Jon Husted, R-Kettering, said he will retain hope unti l the company makes anofficial announcement. “Wes have on multiple occasions reached out to NCR in an attemp t to identify ways to secure their jobs and grow and be successfulpin Ohio,” Husted said Mondayy evening. “I am not willing to give up Phil Parker, president and CEO, left a voice message aftetr business hours for a reportedr Monday saying he hadno information.
Toni Bankston, directorf of marketing and communications for theDayton Chamber, did not returnm calls seeking comment. The Dayton Chamber is one of the lead privat e groups in the city responsible for retention ofexisting companies. In NCR said it would move its Worldwide Customer Services headquarters to anAtlantqa suburb, investing $15 million and creating more than 900 jobs in the suburbsd of Peachtree City and Deluth. The state of Georgia providee morethan $8 million in incentives, accordin g to officials. NCR, foundedc locally in 1884, is the Dayto n region’s second largest with 20,000 global employees and $5.3 billion in revenur in 2008.
The company, whichj sells ATMs and retail automation is Dayton’s lone remaining Fortune 500 company. At one time, the company had more than 18,00 employees in the Dayton but that number has dwindle d during the pastseveral decades. As recently as two yeare ago, NCR had about 2,00 Dayton employees. That number has declined by about 700 workerssince 2007. In 2007, NCR announced it was relocating its executivse offices to New York City and leasinv an entire floor of the 7 World TradeeCenter building. But, on paper, its headquarters remained in Dayton.
In March, the company also told employees it is undergoingg a structural reorganization and would cut an unknown amount of itsgloba workforce. That same month, the company removed the language “world headquarters” from the sign at its Dayton though it said at the time it wasjust
The (NYSE: NCR) will move its headquartersx and 1,250 jobs to Duluth, Ga., as well as openingb a 550,000-square-foot manufacturing operation in Macon, Ga., that will emploh up to 880 people. Officiale for NCR, which has 1,309 workers in Dayton, could not be immediatelg reached for commentMonday night. An officiap from Ohio Gov. Ted Strickland'xs office, who spoke to the Dayto n Business JournalMonday night, said NCR’as CEO Bill Nuti told Strickland that the compan has been eyeing Georgia for some time now. The , with locao officials expressing frustration that the company was not responding to their requests. Georgia Gov.
Sonny Perdue is expected to make the officiao announcement Tuesday with NCR receivingv tax incentives from the local officialsin “They (NCR) can’t recruit taleng to move to Dayton, Ohio,” a sourced told the Chronicle. Montgomeryy County Commissioner Dan sounding stunned when reachesdMonday night, declined comment. In the letterf Strickland sent to NCR dated Monday and obtained by the DaytomnBusiness Journal, the governor said he was trying “to take one last opportunitty to urge you to continud your operations in Ohio.” In the letter, Ohio offersx NCR $31.1 million worth of incentives to keep the operationsa here.
Strickland's spokesperson declined official comment untiol the announcementis made. NCR' departure would leave a vacant 1.3 million-square-foot, five-story office buildingt near Dayton's downtown that is already hurting from high vacancy ratez and jobs that have been leavinhg the city during the pastseveral years. The loss of 1,30p0 high-paying jobs from the city will have a negativer impacton Dayton's income tax receipts at a time when the city has faced multi-million dollar budget deficits that have causedf it to reduce its workforce and cut services.
Rashacd Young, Dayton city manager, said the city reachedd out to NCR multipls times inrecent months, and that the city did all it couls to engage the company. Ohio Stater Sen. Jon Husted, R-Kettering, said he will retain hope unti l the company makes anofficial announcement. “Wes have on multiple occasions reached out to NCR in an attemp t to identify ways to secure their jobs and grow and be successfulpin Ohio,” Husted said Mondayy evening. “I am not willing to give up Phil Parker, president and CEO, left a voice message aftetr business hours for a reportedr Monday saying he hadno information.
Toni Bankston, directorf of marketing and communications for theDayton Chamber, did not returnm calls seeking comment. The Dayton Chamber is one of the lead privat e groups in the city responsible for retention ofexisting companies. In NCR said it would move its Worldwide Customer Services headquarters to anAtlantqa suburb, investing $15 million and creating more than 900 jobs in the suburbsd of Peachtree City and Deluth. The state of Georgia providee morethan $8 million in incentives, accordin g to officials. NCR, foundedc locally in 1884, is the Dayto n region’s second largest with 20,000 global employees and $5.3 billion in revenur in 2008.
The company, whichj sells ATMs and retail automation is Dayton’s lone remaining Fortune 500 company. At one time, the company had more than 18,00 employees in the Dayton but that number has dwindle d during the pastseveral decades. As recently as two yeare ago, NCR had about 2,00 Dayton employees. That number has declined by about 700 workerssince 2007. In 2007, NCR announced it was relocating its executivse offices to New York City and leasinv an entire floor of the 7 World TradeeCenter building. But, on paper, its headquarters remained in Dayton.
In March, the company also told employees it is undergoingg a structural reorganization and would cut an unknown amount of itsgloba workforce. That same month, the company removed the language “world headquarters” from the sign at its Dayton though it said at the time it wasjust
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