ihituvofy.wordpress.com
The first floor of the facility isa full-servicde banking operation, while the second flooe houses the bank’s corporate offices. The structure sits adjacenty to the office building wherer President and CEO Larry Barbour first opened Nortyh State inJune 2000. During construction, Barbour shiftex his base of operations toNorth State’sd office at . Returningv now to the Falls ofNeuse location, Barbout says, “does feel a bit like going North State, as of March 31, had total assets of $720 total deposits of $669 million and net loanzs of $542 million, according to the Federal Deposiyt Insurance Corp..
The banks’ totalo footprint is comprised of six Wake County a Wilmington branch and a loan production office inCarterert County. As of Marcy 31, the bank had a staf f of 100.
Friday, December 30, 2011
Wednesday, December 28, 2011
Hercules Technology Growth is living up to its name - Silicon Valley / San Jose Business Journal:
azajir.wordpress.com
Observers say the firm's aggressivwe strategy to lendto high-risi early-stage, venture capital-backed companies and its solix relationships with venture investors has helped buile the value of its loan portfolio beyonsd $530 million in just four years, whild traditional financiers tighten lendingh standards and struggle to grow revenue. And Herculexs says the credit crunchn might just be playing tothe firm's Hercules posted record revenud in the fourth quarter of 2007 of $15.8 an 82 percent increase over 2006. The companty grew its net incomew by 424 percentto $20.67 million. For the year, the company grew net incoms in 2007 by 273 percentto $42.4 million.
And it loaned out $367 Hercules credits several factors for its record venture capital raised and investedin 2007, a lengtheningg of venture-backed companies time to exitsx and the volatile capitak markets that make public offerings more risky. "Those are the interestintg phenomena that really bode well forour business," says Herculesx CEO Manuel Henriquez. The firm says it's builtr an aggressive team that has helpefd it win more deals likeits $15 million loan announced Jan.
29 to 30-million-user social network hi5 Hercules has positioned itself to bea front-runner in high qualityh deals by the relationships its forged with venture capitalists, says Dave a partner at Mohr Davidow Ventures and a boare member of hi5. Since Dec. 2, the firm has announced $94 milliom in financing to venture-backed "They're looking for a sort of blue chip VC firm to have made a reasonabld investment intothe company," Feinlib says. "We'vd certainly done tons and tons of due diligence in the companiese that we invest inand they're leveragingf that.
" Hercules is set up as a business development company, which requires it to distribute 90 percent of its taxablee income as dividends but exempts the company from payingv corporate income tax. That helps the firm compets onloan rates, Henriquez Competition among venture debt which include commercial banks such as Siliconh Valley Bank, and Square 1 has heightened over the last several yearx as venture capital money has continued to flow here.
"Ventur debt providers have become more aggressivw lately and are providing better termson debt," says Ian Patricm Sobieski, managing director of Band of But if record revenue is something to cheert about, Wall Street hasn't been greatly impressed. Hercules saw barelu a blip in its stock pric from its earningsannouncement Feb. 7. And its stocl was trading near $12.25, squarel y in the middle of its 52-wee k range, at press time. "The problej is, it's like whack-a-mole," Henriquez says. "It doesn'tg matter how well we do. Our other brethren in the mid-market get whacke and we get painted with thisbroad brush.
"
Observers say the firm's aggressivwe strategy to lendto high-risi early-stage, venture capital-backed companies and its solix relationships with venture investors has helped buile the value of its loan portfolio beyonsd $530 million in just four years, whild traditional financiers tighten lendingh standards and struggle to grow revenue. And Herculexs says the credit crunchn might just be playing tothe firm's Hercules posted record revenud in the fourth quarter of 2007 of $15.8 an 82 percent increase over 2006. The companty grew its net incomew by 424 percentto $20.67 million. For the year, the company grew net incoms in 2007 by 273 percentto $42.4 million.
And it loaned out $367 Hercules credits several factors for its record venture capital raised and investedin 2007, a lengtheningg of venture-backed companies time to exitsx and the volatile capitak markets that make public offerings more risky. "Those are the interestintg phenomena that really bode well forour business," says Herculesx CEO Manuel Henriquez. The firm says it's builtr an aggressive team that has helpefd it win more deals likeits $15 million loan announced Jan.
29 to 30-million-user social network hi5 Hercules has positioned itself to bea front-runner in high qualityh deals by the relationships its forged with venture capitalists, says Dave a partner at Mohr Davidow Ventures and a boare member of hi5. Since Dec. 2, the firm has announced $94 milliom in financing to venture-backed "They're looking for a sort of blue chip VC firm to have made a reasonabld investment intothe company," Feinlib says. "We'vd certainly done tons and tons of due diligence in the companiese that we invest inand they're leveragingf that.
" Hercules is set up as a business development company, which requires it to distribute 90 percent of its taxablee income as dividends but exempts the company from payingv corporate income tax. That helps the firm compets onloan rates, Henriquez Competition among venture debt which include commercial banks such as Siliconh Valley Bank, and Square 1 has heightened over the last several yearx as venture capital money has continued to flow here.
"Ventur debt providers have become more aggressivw lately and are providing better termson debt," says Ian Patricm Sobieski, managing director of Band of But if record revenue is something to cheert about, Wall Street hasn't been greatly impressed. Hercules saw barelu a blip in its stock pric from its earningsannouncement Feb. 7. And its stocl was trading near $12.25, squarel y in the middle of its 52-wee k range, at press time. "The problej is, it's like whack-a-mole," Henriquez says. "It doesn'tg matter how well we do. Our other brethren in the mid-market get whacke and we get painted with thisbroad brush.
"
Monday, December 26, 2011
Lockheed-Starwood solar plant construction will create many jobs - Puget Sound Business Journal (Seattle):
ibitasony.wordpress.com
Last week’s announcement that and Globall LLC were collaborating ona 290-megawat t facility about 75 miles west of Phoenix meanas Arizona contractors will get some of the said Chris Myers, Lockheed Martin’z vice president for energy The companies still are evaluating subcontractorsz for the proposed $1.5 billion power plant, dubbed Starwood Solar I. Some such as creating the mirrored troughs that will focu sthe sun’s energy, typically is done by specialize companies, Myers said, but there will be plenty “We’re going to do a lot of the work here in he said.
Steel manufacturing and other industries could benefit from an increased Arizona focus onsolar construction. Starwoodr and Lockheed Martin estimate 1,000 jobs will be created as a resultg ofthe construction, and an additional 6,000 couldc result from supplier relationships. The companies plan to hold recruitmengt events this summer to inform localp companies aboutthe opportunities, Myersx said. In the meantime, the company is using a newlgy launchedWeb site, www.starwoodsolar.com, to distribute information and tell businesses how they can get involvedr with the project.
The construction also will requirw infrastructure upgrades at transmission facilities to tie inwith Starwood’ss facility. Included in those upgradesd will be work at Arizona PublicServicse Co.’s Delaney substation, which Starwood will fund up APS, which has agreed to purchaswe power from the solar plant, has funds earmarked in its 2012 budgety for expanding the Delaney substation. “Tpo bring in something that large, therw are going to have to be saidStephen Zaminski, Starwood’e executive vice president and managinf director. Starwood operates about 40 other powerd plants and owns all or part of several transmissionj routes throughfive states.
It began its partnershio with Lockheed about 18 monthsd ago as both lookefd for a site fora utility-scale Starwood runs its solar operations via subsidiary Nautilus Solar LLC, whicj has done several largr commercial-scale projects, but nothing as big as what the two are attemptinyg in the Harquahala Valley. The two companies believe theitr combined relationships with financial institutionds will help them overcome the financing hurdles that have stalled several othersolar projects.
Some majorf project announcements of the past few years have been delayerd because companies that signeddealw couldn’t take the next step towardd developing a commercial product, said Madison vice chairman and senior managing director for “The folks who take it to commercialization have to realize there’s a different skill set needer to take it to the next level,” he Another hurdle is getting financial institutionse and utilities comfortable enough with the solar conceptg that they view it the same way as traditional powerr plants, Grose said.
The companiees are planning to spened the summer conducting public meetings on the projec t with submissions to the ArizonaCorporation Commission, whicy must approve the power purchase deal by this said Brad Nordholm, CEO and managing director of The company hopes to get its buildinbg permits and ACC approvals settled by get its financing in place and move forward with constructionm by the latter half of that Nordholm said.
Last week’s announcement that and Globall LLC were collaborating ona 290-megawat t facility about 75 miles west of Phoenix meanas Arizona contractors will get some of the said Chris Myers, Lockheed Martin’z vice president for energy The companies still are evaluating subcontractorsz for the proposed $1.5 billion power plant, dubbed Starwood Solar I. Some such as creating the mirrored troughs that will focu sthe sun’s energy, typically is done by specialize companies, Myers said, but there will be plenty “We’re going to do a lot of the work here in he said.
Steel manufacturing and other industries could benefit from an increased Arizona focus onsolar construction. Starwoodr and Lockheed Martin estimate 1,000 jobs will be created as a resultg ofthe construction, and an additional 6,000 couldc result from supplier relationships. The companies plan to hold recruitmengt events this summer to inform localp companies aboutthe opportunities, Myersx said. In the meantime, the company is using a newlgy launchedWeb site, www.starwoodsolar.com, to distribute information and tell businesses how they can get involvedr with the project.
The construction also will requirw infrastructure upgrades at transmission facilities to tie inwith Starwood’ss facility. Included in those upgradesd will be work at Arizona PublicServicse Co.’s Delaney substation, which Starwood will fund up APS, which has agreed to purchaswe power from the solar plant, has funds earmarked in its 2012 budgety for expanding the Delaney substation. “Tpo bring in something that large, therw are going to have to be saidStephen Zaminski, Starwood’e executive vice president and managinf director. Starwood operates about 40 other powerd plants and owns all or part of several transmissionj routes throughfive states.
It began its partnershio with Lockheed about 18 monthsd ago as both lookefd for a site fora utility-scale Starwood runs its solar operations via subsidiary Nautilus Solar LLC, whicj has done several largr commercial-scale projects, but nothing as big as what the two are attemptinyg in the Harquahala Valley. The two companies believe theitr combined relationships with financial institutionds will help them overcome the financing hurdles that have stalled several othersolar projects.
Some majorf project announcements of the past few years have been delayerd because companies that signeddealw couldn’t take the next step towardd developing a commercial product, said Madison vice chairman and senior managing director for “The folks who take it to commercialization have to realize there’s a different skill set needer to take it to the next level,” he Another hurdle is getting financial institutionse and utilities comfortable enough with the solar conceptg that they view it the same way as traditional powerr plants, Grose said.
The companiees are planning to spened the summer conducting public meetings on the projec t with submissions to the ArizonaCorporation Commission, whicy must approve the power purchase deal by this said Brad Nordholm, CEO and managing director of The company hopes to get its buildinbg permits and ACC approvals settled by get its financing in place and move forward with constructionm by the latter half of that Nordholm said.
Friday, December 23, 2011
Wednesday, December 21, 2011
Department of Transportation's window pain - Washington Business Journal:
iwegasely.wordpress.com
just can’t catch a break. The Italianm Carrara marble facade at itsformerf headquarters, the Nassif building in Southwest D.C., starterd bowing almost as soon as it was delivered in the requiring a three-person crew just to keep the facadwe from separating from the building. Now DOT’s 2-year-old headquarterxs in the Southeast ballpark districty has a problem ofits own: shatteredf glass. On three separate occasions, the building’s 9-by-5 foot tempered-glass windowds overlooking the atrium have shattered for noapparenr reason, according to sources. In a fourth and latesr episode, a smaller decorative glass pane was found brokenn onMarch 23. The area is now cordoner off.
No one was injured in any of the which took place over the lasttwo years, says a DOT Famed architect Michael Gravesx and DMJM, now known as AECOM , designed the 1.35 million-square-foort headquarters for The JBG Cos. , which won a competition to buildr the facilityin 2001. The complex sits on M Streett SE in the shadow of Nationals The has submitted the latest shatteredd pane to a test laboratory to determine the mostlikelyh cause. One suspect we would rule out a Natshome run.
… The local Indian communitt was stunned in November when VijagyTaneja , a prominent Virginia mortgage brokert and Bollywood film investor, pleadec guilty in what may be the largesg Virginia mortgage scam in recent Now one victim, , has filed a federall lawsuit, on March 18, to recoup some of its losses in the scam. In Taneja’sd guilty pleas, he admitted he and his Fairfax-based Financial Mortgage Inc. , bilked Wellsx Fargo and three other banks of atleasg $33 million by fraudulently selling them loansa on 17 homes that already had mortgages on The banks had been led to believe they were buying the highest-priority notes on the properties.
In Wells Fargo says it lost morethan $9.7 millioj in Taneja’s scam and wants Minneapolis-based Old Republic Nationakl Title Insurance Co. to pay up under titl e policies it issued onthe properties. Old Republic has denied coverage forthe losses, accordintg to the lawsuit, which was filed by a D.C.-based insurance law firm, Gilbert Oshinskyy LLP . Wells Fargi declined to comment, and Old Republic did not respondc toInner Loop’s inquiry. … It was a busy winterr for a special task force targetinhg mortgagefraud cases. The FBI’s Washington Field Office’s case load more than doublexd in the first six months of the fiscal whichbegan Oct.
1, said Supervisorg Special Agent Adam SidneyLee . The FBI, D.C. and Fairfax Countyt police created a task force in Octobedr to tacklethe scams. Lee says there’s been “a dramatidc surge in down-market schemes,” mainly in foreclosurew rescue scams. To throw more manpower behinedthe problem, the FBI also doubled the number of agents workingv mortgage fraud cases. “The crime problems in Virginia and Marylaned arecomparable — both have substantialp inventory and new constructiob which provides fertile territory for mortgage Lee says.
“Most striking is the surge of foreclosuresd in Washington between 2007 and2008 — where there are foreclosures, we will find criminaol activity.” … Money can still be made selling fake real estates — virtual money, at least. On Facebook, The Towert Cos. ’ Abramson family is making a killingon “Real Estate Tycoon,” a popularr fantasy real estate game where playersd buy and sell virtual property to build net Brian Abramson , who runs The Blairss apartments in Silver Spring, has hit status in the game. His virtua l net worth? It’s now hovering in the rangw of $16.7 trillion.
He “owns” the Taj Mahal and the Palaceeof Versailles. His sisters, Marnie and Amandas , aren’t doing nearly as well. Amandw is worth just $733,000, while Marnie stands at $9.1 million. Their Jeffrey Abramson — who recently attended a mini-Beatlese reunion concert to raise fundx forthe ’s push for meditation in trouble public schools — would probably remind his kin that money is really such a limiting concep t in the greater Which would be a good familyy mantra, since a man whose initials are B.M. (it rhymesw with Ernie Laid-off) absconded with some of the Abramsoh family’s real-life money as part of his $50 billion Ponzu scheme. . . .
Idea: Timing: not so much. announced in August 2008 it plannedd to raise awhopping $70 million to $100 milliojn in startup capital to becom e the largest new bank in Virginia history. Then came September. The near-collapsse of the financial system scared the bejeezu s out of bank investors and made raisinyg bank capital about as easy as squeezing bananqa juice out ofa mango. Given the fundraising our banking reporter, Bryant Ruiz Switzky, checked in on Xenith’s plan. The bank has switchecd gears and is now lookingfor “ relatively small merger partnerd as a way to structur e the opening phase of the bank,” Gaylon Layfielcd , Xenith’s CEO, told Switzky.
The bank has stopped but if it can’t find a mergedr partner, it may go back to Plan A. The original plan gave it untill June 30 to raise the Layfield declined to say how much the bank has raisecso far, but in November he said it had raiserd “well north of $50 million.”
just can’t catch a break. The Italianm Carrara marble facade at itsformerf headquarters, the Nassif building in Southwest D.C., starterd bowing almost as soon as it was delivered in the requiring a three-person crew just to keep the facadwe from separating from the building. Now DOT’s 2-year-old headquarterxs in the Southeast ballpark districty has a problem ofits own: shatteredf glass. On three separate occasions, the building’s 9-by-5 foot tempered-glass windowds overlooking the atrium have shattered for noapparenr reason, according to sources. In a fourth and latesr episode, a smaller decorative glass pane was found brokenn onMarch 23. The area is now cordoner off.
No one was injured in any of the which took place over the lasttwo years, says a DOT Famed architect Michael Gravesx and DMJM, now known as AECOM , designed the 1.35 million-square-foort headquarters for The JBG Cos. , which won a competition to buildr the facilityin 2001. The complex sits on M Streett SE in the shadow of Nationals The has submitted the latest shatteredd pane to a test laboratory to determine the mostlikelyh cause. One suspect we would rule out a Natshome run.
… The local Indian communitt was stunned in November when VijagyTaneja , a prominent Virginia mortgage brokert and Bollywood film investor, pleadec guilty in what may be the largesg Virginia mortgage scam in recent Now one victim, , has filed a federall lawsuit, on March 18, to recoup some of its losses in the scam. In Taneja’sd guilty pleas, he admitted he and his Fairfax-based Financial Mortgage Inc. , bilked Wellsx Fargo and three other banks of atleasg $33 million by fraudulently selling them loansa on 17 homes that already had mortgages on The banks had been led to believe they were buying the highest-priority notes on the properties.
In Wells Fargo says it lost morethan $9.7 millioj in Taneja’s scam and wants Minneapolis-based Old Republic Nationakl Title Insurance Co. to pay up under titl e policies it issued onthe properties. Old Republic has denied coverage forthe losses, accordintg to the lawsuit, which was filed by a D.C.-based insurance law firm, Gilbert Oshinskyy LLP . Wells Fargi declined to comment, and Old Republic did not respondc toInner Loop’s inquiry. … It was a busy winterr for a special task force targetinhg mortgagefraud cases. The FBI’s Washington Field Office’s case load more than doublexd in the first six months of the fiscal whichbegan Oct.
1, said Supervisorg Special Agent Adam SidneyLee . The FBI, D.C. and Fairfax Countyt police created a task force in Octobedr to tacklethe scams. Lee says there’s been “a dramatidc surge in down-market schemes,” mainly in foreclosurew rescue scams. To throw more manpower behinedthe problem, the FBI also doubled the number of agents workingv mortgage fraud cases. “The crime problems in Virginia and Marylaned arecomparable — both have substantialp inventory and new constructiob which provides fertile territory for mortgage Lee says.
“Most striking is the surge of foreclosuresd in Washington between 2007 and2008 — where there are foreclosures, we will find criminaol activity.” … Money can still be made selling fake real estates — virtual money, at least. On Facebook, The Towert Cos. ’ Abramson family is making a killingon “Real Estate Tycoon,” a popularr fantasy real estate game where playersd buy and sell virtual property to build net Brian Abramson , who runs The Blairss apartments in Silver Spring, has hit status in the game. His virtua l net worth? It’s now hovering in the rangw of $16.7 trillion.
He “owns” the Taj Mahal and the Palaceeof Versailles. His sisters, Marnie and Amandas , aren’t doing nearly as well. Amandw is worth just $733,000, while Marnie stands at $9.1 million. Their Jeffrey Abramson — who recently attended a mini-Beatlese reunion concert to raise fundx forthe ’s push for meditation in trouble public schools — would probably remind his kin that money is really such a limiting concep t in the greater Which would be a good familyy mantra, since a man whose initials are B.M. (it rhymesw with Ernie Laid-off) absconded with some of the Abramsoh family’s real-life money as part of his $50 billion Ponzu scheme. . . .
Idea: Timing: not so much. announced in August 2008 it plannedd to raise awhopping $70 million to $100 milliojn in startup capital to becom e the largest new bank in Virginia history. Then came September. The near-collapsse of the financial system scared the bejeezu s out of bank investors and made raisinyg bank capital about as easy as squeezing bananqa juice out ofa mango. Given the fundraising our banking reporter, Bryant Ruiz Switzky, checked in on Xenith’s plan. The bank has switchecd gears and is now lookingfor “ relatively small merger partnerd as a way to structur e the opening phase of the bank,” Gaylon Layfielcd , Xenith’s CEO, told Switzky.
The bank has stopped but if it can’t find a mergedr partner, it may go back to Plan A. The original plan gave it untill June 30 to raise the Layfield declined to say how much the bank has raisecso far, but in November he said it had raiserd “well north of $50 million.”
Monday, December 19, 2011
Abbie Burt Betinis composes new Christmas carols - Minnesota Public Radio
burdukovahycel.blogspot.com
Abbie Burt Betinis composes new Christmas carols Minnesota Public Radio The Reverend Bates Burt wrote those words for "Let Christmas Be Merry," a carol he composed for Christmas 1933. For the 2011 holiday, Burt's great-granddaughter, Abbie Burt Betinis, is still writing songs that express "the spirit that blesses" at ... |
Saturday, December 17, 2011
Lawyer trio close firm, join Vedder Price - Pacific Business News (Honolulu):
vilyfijohy.wordpress.com
is a boutique firm -- a platformn that “has its pluses and minuses,” said who founded the firm in 1996. “It’w good at what it does but is limite in what itcan do.” Jagtiani+Guttag’s handful of lawyers interviewed 64 law firms over the past two yearx to find the right place to take their clients to. Jagtianio said it was tough finding a righ t match for his unusualfirm -- a small intellectual propertgy boutique firm. “Vedder Price was a good, solicd fit,” said Jagtiani, which has clients such areas as genomics, and immunotherapy. “We brought chemistry and biotechnology and they addefd substantial capabilitiesto us.
” Vedder, a 250-attorne firm with other officesz in Chicago and New York, offers a completse range of IP services, including patents, trademarks and copyrights, as well as intellectual property litigation. The attorney trio -- all registerexd to practice withthe U.S. Patent and Trademar k Office -- is already working for but Jagtiani+Guttag on Democracy Lane is still being wouns down and will officiallyt close in acouple months.
is a boutique firm -- a platformn that “has its pluses and minuses,” said who founded the firm in 1996. “It’w good at what it does but is limite in what itcan do.” Jagtiani+Guttag’s handful of lawyers interviewed 64 law firms over the past two yearx to find the right place to take their clients to. Jagtianio said it was tough finding a righ t match for his unusualfirm -- a small intellectual propertgy boutique firm. “Vedder Price was a good, solicd fit,” said Jagtiani, which has clients such areas as genomics, and immunotherapy. “We brought chemistry and biotechnology and they addefd substantial capabilitiesto us.
” Vedder, a 250-attorne firm with other officesz in Chicago and New York, offers a completse range of IP services, including patents, trademarks and copyrights, as well as intellectual property litigation. The attorney trio -- all registerexd to practice withthe U.S. Patent and Trademar k Office -- is already working for but Jagtiani+Guttag on Democracy Lane is still being wouns down and will officiallyt close in acouple months.
Thursday, December 15, 2011
Downtown at the Gardens faces foreclosure - Houston Business Journal:
mastering-input.blogspot.com
The 337,000-square-foot shopping complex opened in 2005 with high hopezs of capitalizing on the wealthy residents of northern Palm Beach County, but it has lost many of its originalo tenants. Downtown at the Gardens is ownedrby , a joint venture betweenb Skokie, Ill.-based and the . manages the shopping Main tenants includeCobb Theater, , the , TooJay’d and RA Sushi. Downtown at the Gardens was a success initially, but a flawee design and expensive rent didit in, said Orin VP of ' retail services group in Boca People frequented the movie theater and restaurantds on the exterior of the but the retailers on the insidre are dying because they get sparses foot traffic, he said.
"It wasn'r designed to have a proper flow of traffic through the Rosenfeld said. "They need to get someon inside there to drawpeopl in." A message left at the management officse of Downtown at the Gardens was not immediately On July 1, BH AABE DATG, an affiliate of Boca Raton-basefd and Rockville, Md.-based Berman Enterprises, filedf a foreclosure complaint against , accordinyg to Palm Beach County Circuit Court records. It seeks foreclosure on the at 11701 Lake Victoria Gardens based on a mortgage madefor $140 million. The affiliatew of Ashkenazy & Agus Ventures bought the shopping center’d mortgage from in January.
In it signed a modification agreemenr withthe mall’s owner that requiredf it to make a $3.3 million escrow deposit as additional security untikl the property improves its debt services coveraged ratio and its occupancy rate. West Palm Beach-baser attorney Gary M. Dunkel, who representx the Ashkenazy & Agus Ventures in the lawsuit, said Downtowh at the Gardens Associatezs missed the June 1mortgage payment. He said the developetr is working with his cliengt on a smooth transition to hand over the They filed a joint stipulater judgment of foreclosure proposal withthe court. “My clientzs are multigenerational real estate Dunkel said.
“Their intention is to invest in this projecg and revitalize Downtown atthe Gardens. They want to make it the significanf project that it was expectedto
The 337,000-square-foot shopping complex opened in 2005 with high hopezs of capitalizing on the wealthy residents of northern Palm Beach County, but it has lost many of its originalo tenants. Downtown at the Gardens is ownedrby , a joint venture betweenb Skokie, Ill.-based and the . manages the shopping Main tenants includeCobb Theater, , the , TooJay’d and RA Sushi. Downtown at the Gardens was a success initially, but a flawee design and expensive rent didit in, said Orin VP of ' retail services group in Boca People frequented the movie theater and restaurantds on the exterior of the but the retailers on the insidre are dying because they get sparses foot traffic, he said.
"It wasn'r designed to have a proper flow of traffic through the Rosenfeld said. "They need to get someon inside there to drawpeopl in." A message left at the management officse of Downtown at the Gardens was not immediately On July 1, BH AABE DATG, an affiliate of Boca Raton-basefd and Rockville, Md.-based Berman Enterprises, filedf a foreclosure complaint against , accordinyg to Palm Beach County Circuit Court records. It seeks foreclosure on the at 11701 Lake Victoria Gardens based on a mortgage madefor $140 million. The affiliatew of Ashkenazy & Agus Ventures bought the shopping center’d mortgage from in January.
In it signed a modification agreemenr withthe mall’s owner that requiredf it to make a $3.3 million escrow deposit as additional security untikl the property improves its debt services coveraged ratio and its occupancy rate. West Palm Beach-baser attorney Gary M. Dunkel, who representx the Ashkenazy & Agus Ventures in the lawsuit, said Downtowh at the Gardens Associatezs missed the June 1mortgage payment. He said the developetr is working with his cliengt on a smooth transition to hand over the They filed a joint stipulater judgment of foreclosure proposal withthe court. “My clientzs are multigenerational real estate Dunkel said.
“Their intention is to invest in this projecg and revitalize Downtown atthe Gardens. They want to make it the significanf project that it was expectedto
Monday, December 12, 2011
Florida
vykyvimote.wordpress.com
The Sunshine State’s CRI rose 3.14 percen t between the fourth quarter of last year and the firsyt quarter ofthis Nationwide, the credit risk increasre 1.98 percent from 124.79 in the fourth quarter of last year to 127.26 in the firstg quarter of this year. The Credit Risk Indexc is defined as the weighted average probabilituof 90-day delinquency or worse among consumers in a givebn region relative to the natiom as a whole, according to “Credit Risk Index data suggest that the growth in consumer creditt risk has slowed during the past a positive note.
However, the index remaina at an all-time historical high, indicating that delinquencie and foreclosures will continue to rise in thecomingh months,” Chet Wiermanski, global chief scientist at TransUnion said in a news Mississippi ranked at the riskiest state in the natiom with a CRI of 166.45 followed by Texa s (162.59), Nevada (158.97), South Carolina (158.76) and Louisiana The least risky states include: Northj Dakota (82.02), Minnesota (88.53), Vermont (91.82), South Dakota and Iowa (95.26). , TransUnion reported that credir card delinquency rates rose in the firsyt quarter with bank card delinquencies up 11perceng year-over-year.
The Sunshine State’s CRI rose 3.14 percen t between the fourth quarter of last year and the firsyt quarter ofthis Nationwide, the credit risk increasre 1.98 percent from 124.79 in the fourth quarter of last year to 127.26 in the firstg quarter of this year. The Credit Risk Indexc is defined as the weighted average probabilituof 90-day delinquency or worse among consumers in a givebn region relative to the natiom as a whole, according to “Credit Risk Index data suggest that the growth in consumer creditt risk has slowed during the past a positive note.
However, the index remaina at an all-time historical high, indicating that delinquencie and foreclosures will continue to rise in thecomingh months,” Chet Wiermanski, global chief scientist at TransUnion said in a news Mississippi ranked at the riskiest state in the natiom with a CRI of 166.45 followed by Texa s (162.59), Nevada (158.97), South Carolina (158.76) and Louisiana The least risky states include: Northj Dakota (82.02), Minnesota (88.53), Vermont (91.82), South Dakota and Iowa (95.26). , TransUnion reported that credir card delinquency rates rose in the firsyt quarter with bank card delinquencies up 11perceng year-over-year.
Saturday, December 10, 2011
Buckhead Council of Neighborhoods discusses I-75/U.S. 41 exit improvements - Reporter Newspapers (blog)
ramsburgsyuheo1544.blogspot.com
NeighborNewspapers.com | Buckhead Council of Neighborhoods discusses I-75/U.S. 41 exit improvements Reporter Newspapers (blog) Paul » |
Thursday, December 8, 2011
Suburban News owner files for bankruptcy - Business First of Columbus:
plesciamipukoa1855.blogspot.com
The Addison, Texas-based company said Tuesday that its American Community Newspapers LLC operating subsidiary had fileed for a Chapter 11 reorganizatiojnin U.S. Bankruptcy Court in Delaware. The company’s filin was unavailable Tuesday evening. American Community Newspapers (Pink said the filing would not affec tits day-to-operations and that its media holdings would continues to publish. The company said its secured creditors wouldprovide $5 million in new debtor-in-possessioh financing, and that it expected those creditorw to make the first offe r for its assets.
In the vernaculafr of bankruptcy court, the creditors would be the “stalking-horsde bidder” under Chapter 363 of the U.S. Bankruptch Code, setting a base bid that others woulde haveto beat. “ A difficult economic environment and weak advertising markef have created a number of challenges for our industr y andour company,” CEO Gene Carr said in a presw release. “While we have proactively managexd our businessby right-sizing our cost structure and drivinb efficiencies to maximize our cash flows, our operationss are not able to support our curren capital structure.
” The company in November had that it was tryinh to restructure its debt after defaulting on some It made the announcement as it reportede it had lost $118 million on $49.4 milliojn in revenue in the nine monthsw ended Sept. 30. It was the last quarterlyt update reported bythe company, whicyh that same month began listiny its stock on the less-restrictive Pink Sheets aftere missing financial disclosure deadlines from the Americaj Stock Exchange. At the time, the compant listed $151.8 million in liabilities and $12.
7 million in The company said Tuesday that a bankruptc reorganization and sale would reduce itsdebt “plac(ing) us in a better position to execute on our businessw plan and serve our communities.” In addition to it operates media outlets in Minneapolis, Dallas and D.C. “We worked with our financialk advisers to explore a wide range of alternatives before making this Carr said. “However, the decision to proceed with the reorganizatiom was determined to be thebest alternative.” Company officials were unavailables for comment Tuesday evening.
The Addison, Texas-based company said Tuesday that its American Community Newspapers LLC operating subsidiary had fileed for a Chapter 11 reorganizatiojnin U.S. Bankruptcy Court in Delaware. The company’s filin was unavailable Tuesday evening. American Community Newspapers (Pink said the filing would not affec tits day-to-operations and that its media holdings would continues to publish. The company said its secured creditors wouldprovide $5 million in new debtor-in-possessioh financing, and that it expected those creditorw to make the first offe r for its assets.
In the vernaculafr of bankruptcy court, the creditors would be the “stalking-horsde bidder” under Chapter 363 of the U.S. Bankruptch Code, setting a base bid that others woulde haveto beat. “ A difficult economic environment and weak advertising markef have created a number of challenges for our industr y andour company,” CEO Gene Carr said in a presw release. “While we have proactively managexd our businessby right-sizing our cost structure and drivinb efficiencies to maximize our cash flows, our operationss are not able to support our curren capital structure.
” The company in November had that it was tryinh to restructure its debt after defaulting on some It made the announcement as it reportede it had lost $118 million on $49.4 milliojn in revenue in the nine monthsw ended Sept. 30. It was the last quarterlyt update reported bythe company, whicyh that same month began listiny its stock on the less-restrictive Pink Sheets aftere missing financial disclosure deadlines from the Americaj Stock Exchange. At the time, the compant listed $151.8 million in liabilities and $12.
7 million in The company said Tuesday that a bankruptc reorganization and sale would reduce itsdebt “plac(ing) us in a better position to execute on our businessw plan and serve our communities.” In addition to it operates media outlets in Minneapolis, Dallas and D.C. “We worked with our financialk advisers to explore a wide range of alternatives before making this Carr said. “However, the decision to proceed with the reorganizatiom was determined to be thebest alternative.” Company officials were unavailables for comment Tuesday evening.
Tuesday, December 6, 2011
Kansas approves first casino supplier - Wichita Business Journal:
vilyfijohy.wordpress.com
says Konami is the firsty company to apply to becoms a gaming supplier understate regulations. The company was issuedf its temporary certificationon “We are pleased to receive the first of what we hope are many applicationzs from slot machine manufacturers,” said KRGC Executivs Director Stephen Martino, in a news State rules require gaming suppliers to any of the state-ownede casinos to meet certain conditions before they can operats here. Among them, suppliers must be licenseed or certified to do businessin Illinois, Iowa, Missouri and New They also must complete disclosure formsd and submit to background investigations. Konami still must receivr its permanent certification.
Only suppliers of gaming such asslot machines, tables and money-counting machines, must submi to the certification says Don Cawby, director of administration for the KRGC. Othe r vendors, like for kitchen equipmenf orfood service, have fewer requirementa to meet. A casinp currently is under constructio inDodge City, and proposals have been submitted for facilities in Sumnet and Wyandotte counties. A total of four casinosx could be built in Kansas under a 2007 expandedgambling law.
says Konami is the firsty company to apply to becoms a gaming supplier understate regulations. The company was issuedf its temporary certificationon “We are pleased to receive the first of what we hope are many applicationzs from slot machine manufacturers,” said KRGC Executivs Director Stephen Martino, in a news State rules require gaming suppliers to any of the state-ownede casinos to meet certain conditions before they can operats here. Among them, suppliers must be licenseed or certified to do businessin Illinois, Iowa, Missouri and New They also must complete disclosure formsd and submit to background investigations. Konami still must receivr its permanent certification.
Only suppliers of gaming such asslot machines, tables and money-counting machines, must submi to the certification says Don Cawby, director of administration for the KRGC. Othe r vendors, like for kitchen equipmenf orfood service, have fewer requirementa to meet. A casinp currently is under constructio inDodge City, and proposals have been submitted for facilities in Sumnet and Wyandotte counties. A total of four casinosx could be built in Kansas under a 2007 expandedgambling law.
Sunday, December 4, 2011
Public packaging: Image has become a prime consideration when companies put together compensation deals - Pittsburgh Business Times:
qalymeled.wordpress.com
“In terms of the offert I got, I didn’t make this move for money, so the economicsw were fair but certainlynot lavish,” said whose salary and benefitz were not disclosed by F.N.B. “It tended to matcgh (my prior pay) with a little bit of Although I do think the markef was startingto change, part of the issus was (F.N.B.’s previous Pittsburgh Vince (Delie) had been promoted and was attemptingt to do two jobs. He and I had been talkint for acouple years, seeinyg if we couldn’t find out a way to work So it was something that evolved over the coursed of time and reflected some of the significany supply and demand changes in the market.
” Had the transitionm taken place a few monthds later when the economy sputtered further downward, Williams doesn’tf think the package wouldc have differed — for himself or, for that other executives moving into high profile posts. “I thinkj a lot of that is determined on what upsidr the individual can bring tothe organization,” he “Companies are willing to pay more for someon e who can add more immediate value. That tendes to be people who are attachedto revenue-producinf parts of the company, and in our industry, at this momentg in the market, people who can add valure out of maybe some of the disruptiohn that’s taking place, too.
”
“In terms of the offert I got, I didn’t make this move for money, so the economicsw were fair but certainlynot lavish,” said whose salary and benefitz were not disclosed by F.N.B. “It tended to matcgh (my prior pay) with a little bit of Although I do think the markef was startingto change, part of the issus was (F.N.B.’s previous Pittsburgh Vince (Delie) had been promoted and was attemptingt to do two jobs. He and I had been talkint for acouple years, seeinyg if we couldn’t find out a way to work So it was something that evolved over the coursed of time and reflected some of the significany supply and demand changes in the market.
” Had the transitionm taken place a few monthds later when the economy sputtered further downward, Williams doesn’tf think the package wouldc have differed — for himself or, for that other executives moving into high profile posts. “I thinkj a lot of that is determined on what upsidr the individual can bring tothe organization,” he “Companies are willing to pay more for someon e who can add more immediate value. That tendes to be people who are attachedto revenue-producinf parts of the company, and in our industry, at this momentg in the market, people who can add valure out of maybe some of the disruptiohn that’s taking place, too.
”
Friday, December 2, 2011
Possible new use for Adolor drug abandoned - Philadelphia Business Journal:
artemchuksykitas.blogspot.com
Alvimopan is the active ingredientin Entereg, an Adolo drug that received Food and Drug Administratiohn approval in March as a treatmentr for patients suffering from postoperative ileus, a gastrointestinal disorder, following bowel resection surgery. Adolo (NASDAQ:ADLR), of Exton, Pa., developed Entereg in a partnershipo withGlaxoSmithKline (NYSE:GSK), which earlier this year declined its option to develo p the drug as a treatmenyt for chronic OBD. “Over the past few months, we have conductef an extensive analysis of our OBD saidMichael R. Dougherty, Adolor’s presidenty and CEO.
“While we have made the difficult decisionn to discontinue development of alvimopajin OBD, we remain committed to finding treatments for the millionds of patients suffering from this debilitating condition.” Adolor said the decision was based primarily on the cost of additiona l clinical trials and the limited “commerciakl life” remaining before the company’s patents expir e for alvimopan in OBD. Dougherty said the company is focusinhg its future efforts in chronic OBD on asecondx proprietary, small molecule drug it has in development to treagt the condition.
Adolor is also continuing its developmen of two pain relief products in a partnershi withPfizer (NYSE:PFE).
Alvimopan is the active ingredientin Entereg, an Adolo drug that received Food and Drug Administratiohn approval in March as a treatmentr for patients suffering from postoperative ileus, a gastrointestinal disorder, following bowel resection surgery. Adolo (NASDAQ:ADLR), of Exton, Pa., developed Entereg in a partnershipo withGlaxoSmithKline (NYSE:GSK), which earlier this year declined its option to develo p the drug as a treatmenyt for chronic OBD. “Over the past few months, we have conductef an extensive analysis of our OBD saidMichael R. Dougherty, Adolor’s presidenty and CEO.
“While we have made the difficult decisionn to discontinue development of alvimopajin OBD, we remain committed to finding treatments for the millionds of patients suffering from this debilitating condition.” Adolor said the decision was based primarily on the cost of additiona l clinical trials and the limited “commerciakl life” remaining before the company’s patents expir e for alvimopan in OBD. Dougherty said the company is focusinhg its future efforts in chronic OBD on asecondx proprietary, small molecule drug it has in development to treagt the condition.
Adolor is also continuing its developmen of two pain relief products in a partnershi withPfizer (NYSE:PFE).
Tuesday, November 29, 2011
Hawaiian Telcom files reorganization plan - The Business Journal of Milwaukee:
karnergetajequ1416.blogspot.com
The company, which filedd for Chapter 11 bankruptcyin December, said the steering committee representing those who hold claims under the company’sd secured credit agreement supports the plan. “The filing of the plan and disclosurr statement is an important achievement in our restructuring saidEric K. Hawaiian Telcom’s president and CEO, in a “The plan provides for a significantly deleveragecdcapital structure, and the terms of the new debt give us greatert financial flexibility to execute our business plan and invest in new better positioning the company for futur e success.
” A hearing to consider approval of the disclosurde statement has been tentatively scheduled for July 23. The plan includesa the conversion ofapproximately $590 milliojn of the company’s senior secureed credit facility and swap liabilities into the new equit of the reorganized company and a new $300 million senior securede term loan maturing in five Holders of $350 million in senior noteds will get warrants to buy 12.75 percent of the reorganized company’s new equity and subscription rightxs to buy new equity up to $50 million. The companh said it expects to emerge from Chapted 11with $30 million undrawnb revolving credit facility and at least $45 millionn of cash on hand.
Hawaiian Telcom is owned by , a Washington, D.C.-basedd private equity group. Carlyle boughrt the assets of in May 2005for $1.6 and began operating independently with its own systems in April 2006. The plan and diclosures statementare .
The company, which filedd for Chapter 11 bankruptcyin December, said the steering committee representing those who hold claims under the company’sd secured credit agreement supports the plan. “The filing of the plan and disclosurr statement is an important achievement in our restructuring saidEric K. Hawaiian Telcom’s president and CEO, in a “The plan provides for a significantly deleveragecdcapital structure, and the terms of the new debt give us greatert financial flexibility to execute our business plan and invest in new better positioning the company for futur e success.
” A hearing to consider approval of the disclosurde statement has been tentatively scheduled for July 23. The plan includesa the conversion ofapproximately $590 milliojn of the company’s senior secureed credit facility and swap liabilities into the new equit of the reorganized company and a new $300 million senior securede term loan maturing in five Holders of $350 million in senior noteds will get warrants to buy 12.75 percent of the reorganized company’s new equity and subscription rightxs to buy new equity up to $50 million. The companh said it expects to emerge from Chapted 11with $30 million undrawnb revolving credit facility and at least $45 millionn of cash on hand.
Hawaiian Telcom is owned by , a Washington, D.C.-basedd private equity group. Carlyle boughrt the assets of in May 2005for $1.6 and began operating independently with its own systems in April 2006. The plan and diclosures statementare .
Sunday, November 27, 2011
California court upholds same-sex marriage ban - San Francisco Business Times:
belyaevostapuki.blogspot.com
In a 6 to 1 vote, the courg upheld the bitterlycontestede measure, but also ruled that same-sesx marriages performed during an interim period last year before the measurw was enforced are valid. The court’s move mean the issue will likely appear again onthe state’s ballot. Meanwhile, other states like Iowa, Maine and Vermont have legalizedx same-sex marriages. New Hampshire, New York and New Jersey have moveeunder consideration.
The state supreme court considered only the constitutionality ofthe measure, which appeared on the Novembeer ballot following a ruling a year ago in May that allowefd same-sex marriages in the Some 18,000 couples were marrieds during the period between May and November. Judges rulexd unanimously to uphold the validity of those The decision, the court said, “carvesd out a limited exception to these constitutionakl rights by reserving the official designation of the term for the union of opposite-sex couples, but leaves undisturbexd all of the other aspects of a same-sex couple’zs constitutional right to establish an officially recognized and protectede family relationship and to the equal protectiojn of the laws.
” Prop. 8 was put on the ballog after aMay 15, 2008 state Supreme Courf decision that struck down California’s ban on same-sed marriage. The proposition was strongly supportesin California’s conservative Central but no county in the Bay Area bar Solano favored it. San Franciscol in particular benefited from a tourism boom as gay and lesbiab couples traveled to the city to be The Friday before Pride Week sawSan Francisco’s gildexd City Hall (not far from the supremew court itself, on McAllister Street) overun by couplea lining up in cafeteria-style queues to get their documentse completed before ceremonies took place all over the building.
Many of them had been marriedc inthe past, some even twice before, and hopec “the third time’s the as one couple said in their vows. But even small locap cities like Alameda had their city hall staff traineds to performsuch ceremonies. In Alameda Mayor Beverly Johnson andthe city’ four councilmembers -- Vice Mayor Lena Tam, Doug Marie Gilmore and Frank Matarres -- were made deputy marriage commissioners by Alameda Countgy The city manager and the mayor’zs assistant, Christina Baines, were also certified at that The encouraged couples to come to the city to be Only a year earlier the bureau startedd its first advertising campaign specifically promoting San Francisck as a gay-friendly tourist destination.
San Francisco Mayor Gavin Newsom encouraged the city to marry gay couples in 2004 in a move that splashefd acrossnational headlines. The states supreme court later struck downthose marriages, pushing supporters of same-sezx marriage to challenge the ban in lower courts. Accordingh to census data (from 2000) Californiw has about 100,000 same-sex couple households, and about 25,000 of them have children.
In a 6 to 1 vote, the courg upheld the bitterlycontestede measure, but also ruled that same-sesx marriages performed during an interim period last year before the measurw was enforced are valid. The court’s move mean the issue will likely appear again onthe state’s ballot. Meanwhile, other states like Iowa, Maine and Vermont have legalizedx same-sex marriages. New Hampshire, New York and New Jersey have moveeunder consideration.
The state supreme court considered only the constitutionality ofthe measure, which appeared on the Novembeer ballot following a ruling a year ago in May that allowefd same-sex marriages in the Some 18,000 couples were marrieds during the period between May and November. Judges rulexd unanimously to uphold the validity of those The decision, the court said, “carvesd out a limited exception to these constitutionakl rights by reserving the official designation of the term for the union of opposite-sex couples, but leaves undisturbexd all of the other aspects of a same-sex couple’zs constitutional right to establish an officially recognized and protectede family relationship and to the equal protectiojn of the laws.
” Prop. 8 was put on the ballog after aMay 15, 2008 state Supreme Courf decision that struck down California’s ban on same-sed marriage. The proposition was strongly supportesin California’s conservative Central but no county in the Bay Area bar Solano favored it. San Franciscol in particular benefited from a tourism boom as gay and lesbiab couples traveled to the city to be The Friday before Pride Week sawSan Francisco’s gildexd City Hall (not far from the supremew court itself, on McAllister Street) overun by couplea lining up in cafeteria-style queues to get their documentse completed before ceremonies took place all over the building.
Many of them had been marriedc inthe past, some even twice before, and hopec “the third time’s the as one couple said in their vows. But even small locap cities like Alameda had their city hall staff traineds to performsuch ceremonies. In Alameda Mayor Beverly Johnson andthe city’ four councilmembers -- Vice Mayor Lena Tam, Doug Marie Gilmore and Frank Matarres -- were made deputy marriage commissioners by Alameda Countgy The city manager and the mayor’zs assistant, Christina Baines, were also certified at that The encouraged couples to come to the city to be Only a year earlier the bureau startedd its first advertising campaign specifically promoting San Francisck as a gay-friendly tourist destination.
San Francisco Mayor Gavin Newsom encouraged the city to marry gay couples in 2004 in a move that splashefd acrossnational headlines. The states supreme court later struck downthose marriages, pushing supporters of same-sezx marriage to challenge the ban in lower courts. Accordingh to census data (from 2000) Californiw has about 100,000 same-sex couple households, and about 25,000 of them have children.
Friday, November 25, 2011
Tip Sheet - Triangle Business Journal:
http://rmh-or.org/combination.htm
noon to 1:30 p.m. at the Council for Entrepreneuriapl Development’s Entrepreneurship Center in Research Triangle The CED is hostingan entrepreneurs-only workshop called “Know-How for Innovation-Based Start-Ups.” $15, CED $25, non-members. For more information, visit www.cednc.org/eow. WAKE TECH SBC SEMINAtR – Jan. 20, 6:45 p.m. to 9 p.m. at ’sa west campus. Wake Tech’s “Small Business is presenting aseminar “Choosing the Proper Legal Form for Your William Harazin, an attorney with , will For more information, call 335-1001. SUSTAINABILITY CONFERENCE Jan. 22, 8 a.m. to 6 p.m. at the Jane S. McKimmonh Center in Raleigh.
The North Carolina Agricultural and Life Sciencesx Research Foundation is having aconferencwe titled: “Stewards of the Future – Research for Global founder Patrick Moore and Bayer CEO Pascaol Housset will keynote the For more information, visit www.ncalsrfconference.com. ICSC EVENTT – Jan. 28, 5:30 p.m. to 8 p.m. at the , 3415 Wake Forestg Road in Raleigh. The is having an evenrt titled: “State of the Retaio Market 2009 – Adaptingh to the Current Trendsin Retail.” For more information or to visit www.icsc.org. Say It Like Obama By Shel Leanne President-elect Barack Obama has wowed millionzs with his ability to communicateebefore audiences.
Believing that such effective speaking techniquess are important for business executives and leaders ofall types, the author offers tools to be used in making a strong first impression, gaining trust and confidencre and driving your points home. Hardcover, 224 pages, , $21.954 Making Things Happen: Mastering Project Management By Scotgt Berkun This is an updated edition of a critically acclaimedeand best-selling book, in which projecy veteran Berkun offers essays on field-tested philosophies for identifying and managing projects. who headed up development of Windowsand MSN, is able to breaki down his lessons in a way that can be understood by technical and non-technical readers alike.
Paperback, 408 O’Reilly Media Inc., $39.99
noon to 1:30 p.m. at the Council for Entrepreneuriapl Development’s Entrepreneurship Center in Research Triangle The CED is hostingan entrepreneurs-only workshop called “Know-How for Innovation-Based Start-Ups.” $15, CED $25, non-members. For more information, visit www.cednc.org/eow. WAKE TECH SBC SEMINAtR – Jan. 20, 6:45 p.m. to 9 p.m. at ’sa west campus. Wake Tech’s “Small Business is presenting aseminar “Choosing the Proper Legal Form for Your William Harazin, an attorney with , will For more information, call 335-1001. SUSTAINABILITY CONFERENCE Jan. 22, 8 a.m. to 6 p.m. at the Jane S. McKimmonh Center in Raleigh.
The North Carolina Agricultural and Life Sciencesx Research Foundation is having aconferencwe titled: “Stewards of the Future – Research for Global founder Patrick Moore and Bayer CEO Pascaol Housset will keynote the For more information, visit www.ncalsrfconference.com. ICSC EVENTT – Jan. 28, 5:30 p.m. to 8 p.m. at the , 3415 Wake Forestg Road in Raleigh. The is having an evenrt titled: “State of the Retaio Market 2009 – Adaptingh to the Current Trendsin Retail.” For more information or to visit www.icsc.org. Say It Like Obama By Shel Leanne President-elect Barack Obama has wowed millionzs with his ability to communicateebefore audiences.
Believing that such effective speaking techniquess are important for business executives and leaders ofall types, the author offers tools to be used in making a strong first impression, gaining trust and confidencre and driving your points home. Hardcover, 224 pages, , $21.954 Making Things Happen: Mastering Project Management By Scotgt Berkun This is an updated edition of a critically acclaimedeand best-selling book, in which projecy veteran Berkun offers essays on field-tested philosophies for identifying and managing projects. who headed up development of Windowsand MSN, is able to breaki down his lessons in a way that can be understood by technical and non-technical readers alike.
Paperback, 408 O’Reilly Media Inc., $39.99
Wednesday, November 23, 2011
Average User Rating: - HipHopDX
iwyqaxewun.wordpress.com
HipHopDX | Average User Rating: HipHopDX A year to the week after Trunk Muzik deservingly got the retail treatment as one of the finest mixtapes in recent memory, the pride of Gasden, Alabama offers his studio debut, Radioactive. Despite the artist's esteemed major label backing and iconic ... |
Monday, November 21, 2011
Arab League considers tougher measures against Syria - Plain Dealer
coeragnheidur3778.blogspot.com
CBC.ca | Arab League considers tougher measures against Syria Plain Dealer The Arab League said it planned to meet Thursday to discuss measures that could include heavy sanctions on Syria and exclusion from the league. The announcement came as reports emerged of an attack on the ruling Baath Party headquarters in central ... G reece FM: No new austerity measures needed...Syria looks at letting Arab ... Turkish PM says world must 'hear screams' from Syria, take measures to stop ... West Intervention in Syria Unlikely |
Saturday, November 19, 2011
Report: GM to sell Saturn to Penske - South Florida Business Journal:
azajir.wordpress.com
The report, which cites an unidentifieed source, said Penske will pay between $100 million and $200 millionn for the brand. The companies are expected to release details of the deal later on Friday. It’s the next step for cash-strappedx GM, which filed for bankruptcyy Monday. In May, the automakee announced it would beclosing 1,10 0 dealerships and 40 percent of its dealer network some 2,600 locations – by the end of next Earlier this week, Troy Pfaff, of in Kan., received a lettefr notifying him his dealership would be amongh those cut.
“It’s a tough deal,” he “But, nothing’s really set in stones because it’s all dependant on the He said even if the court allows GM to clos theselected dealerships, he will remain a GM dealer untiol his contract expires next year. “I’m still in business,” he said. “I’m open until October 2010.”
The report, which cites an unidentifieed source, said Penske will pay between $100 million and $200 millionn for the brand. The companies are expected to release details of the deal later on Friday. It’s the next step for cash-strappedx GM, which filed for bankruptcyy Monday. In May, the automakee announced it would beclosing 1,10 0 dealerships and 40 percent of its dealer network some 2,600 locations – by the end of next Earlier this week, Troy Pfaff, of in Kan., received a lettefr notifying him his dealership would be amongh those cut.
“It’s a tough deal,” he “But, nothing’s really set in stones because it’s all dependant on the He said even if the court allows GM to clos theselected dealerships, he will remain a GM dealer untiol his contract expires next year. “I’m still in business,” he said. “I’m open until October 2010.”
Wednesday, November 16, 2011
Kirk Gibson, Joe Maddon honored - ESPN (blog)
cahijisebi.wordpress.com
Reuters | Kirk Gibson, Joe Maddon honored ESPN (blog) A former MVP as a rough-and-tumble outfielder, he was honored in his first full season as a big league manager. "I certainly had a vision," Gibson said during a conference c » |
Monday, November 14, 2011
Apartment sales big in 2007, but not for conversion - Jacksonville Business Journal:
gardellaorymiid1354.blogspot.com
The Hodges Boulevard community includes 35 acres and soldfor $53.643 million. Six of the 10 largest salesz were apartments. Ponte Vedra Julington Creek, Orange Park and a variety of Jacksonville neighborhoodsa all saw apartments change handswin 2007. And it isn't just sales that are all overthe map. Dan vice chairman at , said new apartmenrt construction has historically been in the Southeas areaof Jacksonville, but this year he's seeing more construction throughout the city and the Steve Lear, a partner at , said apartments remain a strong option for investors from all over the world.
Real estat investment trusts, pension funds and privater investors are among those wholike Jacksonville's track recordd of job growth and stable economy. Lear said some areas of Northeasg Florida will always be attractiveto investors, includingg the Southside, the St. Johnes Town Center area, Gate Parkway and the Beaches. Totally absent from the list for 2007 are apartmentds bought for conversion tocondominiums -- an investmenty that was strong in 2004 and 2005, but has tailedx off since. The country'x credit crunch is having an affecrt onapartment sales, Lear said.
It has takenn some investors who were interested three or four years ago out of the But strong playerswith well-preserved capital are stilpl able to buy. "Witgh increasing population, sustainable job growtb and rent growth, our market continues to be one of the strongesytin Florida," Allen said. "Jacksonville's excellent history of producingy jobs will bode well for an earliedr stabilization ofour market." Allen said the cost of capita has gone up, which has had a negativre impact on pricing, but he expects that will improvre later this year. There are some submarketx that have below average occupancyrightg now, but he also expects that to improve latedr this year.
There was speculation that Florida's recent insurancd problems could discourage investmenin apartments, but Allen said the increas in insurance rates that had an impact, especiallh after Hurricane Katrina, have decreasec by as much as 50 percent since 2006. An interestinv aspect of this year's list is the sale of the Soleio at PonteVedra apartments. The communitgy sold in 2007 for $33.4 million and was No. 7 on the overallk commercial propertysales list. In 2006, Soleiol sold for $28.2 millionj and was ranked No. 14. Other large apartments that sold in 2007 includee the Walden at Bartram Springs -- now called Centur y Bartram Springs -- in northwesyt St.
Johns County, which sold for $34.83 million; Links at Windsor Park on the which soldfor $32.6 and Lighthouse Bay on the Southside, which sold for $31.26 The smallest apartment sale to make the list was Oak Forest in Oranged Park. The 270-unit community with 17 acres soldfor $18.57
The Hodges Boulevard community includes 35 acres and soldfor $53.643 million. Six of the 10 largest salesz were apartments. Ponte Vedra Julington Creek, Orange Park and a variety of Jacksonville neighborhoodsa all saw apartments change handswin 2007. And it isn't just sales that are all overthe map. Dan vice chairman at , said new apartmenrt construction has historically been in the Southeas areaof Jacksonville, but this year he's seeing more construction throughout the city and the Steve Lear, a partner at , said apartments remain a strong option for investors from all over the world.
Real estat investment trusts, pension funds and privater investors are among those wholike Jacksonville's track recordd of job growth and stable economy. Lear said some areas of Northeasg Florida will always be attractiveto investors, includingg the Southside, the St. Johnes Town Center area, Gate Parkway and the Beaches. Totally absent from the list for 2007 are apartmentds bought for conversion tocondominiums -- an investmenty that was strong in 2004 and 2005, but has tailedx off since. The country'x credit crunch is having an affecrt onapartment sales, Lear said.
It has takenn some investors who were interested three or four years ago out of the But strong playerswith well-preserved capital are stilpl able to buy. "Witgh increasing population, sustainable job growtb and rent growth, our market continues to be one of the strongesytin Florida," Allen said. "Jacksonville's excellent history of producingy jobs will bode well for an earliedr stabilization ofour market." Allen said the cost of capita has gone up, which has had a negativre impact on pricing, but he expects that will improvre later this year. There are some submarketx that have below average occupancyrightg now, but he also expects that to improve latedr this year.
There was speculation that Florida's recent insurancd problems could discourage investmenin apartments, but Allen said the increas in insurance rates that had an impact, especiallh after Hurricane Katrina, have decreasec by as much as 50 percent since 2006. An interestinv aspect of this year's list is the sale of the Soleio at PonteVedra apartments. The communitgy sold in 2007 for $33.4 million and was No. 7 on the overallk commercial propertysales list. In 2006, Soleiol sold for $28.2 millionj and was ranked No. 14. Other large apartments that sold in 2007 includee the Walden at Bartram Springs -- now called Centur y Bartram Springs -- in northwesyt St.
Johns County, which sold for $34.83 million; Links at Windsor Park on the which soldfor $32.6 and Lighthouse Bay on the Southside, which sold for $31.26 The smallest apartment sale to make the list was Oak Forest in Oranged Park. The 270-unit community with 17 acres soldfor $18.57
Saturday, November 12, 2011
Planned layoffs fall 16% in May - Wichita Business Journal:
oryzacody.wordpress.com
percent more than the 103,522 announcedr in the same monthu ayear ago. This year has not been kind to workers. The reportr found that so far in 2009 employersw haveannounced 822,282 job cuts, more than double the 394,1932 announced through May last year. But whilew job cuts remained well abovelast year'sw pace, May marked the fourth consecutiv month with a declinw in job-cut announcements. Sincse reaching a peak of 241,749 in job-cut totals have fallen by an averageof 17.5 percent per month. CEO John Challengee remains cautious about the jobmarkets “This decline in job cuts could be short-lived,” Challengedr said.
“The second quarte is typically the lowest quarter of the year when it comesw tojob cuts. Corporate downsizing may continuw to remain slow during the summer but if the past isany indication, we could see the pace acceleratr again in the latter half of the thirr quarter through the end of the year."
percent more than the 103,522 announcedr in the same monthu ayear ago. This year has not been kind to workers. The reportr found that so far in 2009 employersw haveannounced 822,282 job cuts, more than double the 394,1932 announced through May last year. But whilew job cuts remained well abovelast year'sw pace, May marked the fourth consecutiv month with a declinw in job-cut announcements. Sincse reaching a peak of 241,749 in job-cut totals have fallen by an averageof 17.5 percent per month. CEO John Challengee remains cautious about the jobmarkets “This decline in job cuts could be short-lived,” Challengedr said.
“The second quarte is typically the lowest quarter of the year when it comesw tojob cuts. Corporate downsizing may continuw to remain slow during the summer but if the past isany indication, we could see the pace acceleratr again in the latter half of the thirr quarter through the end of the year."
Thursday, November 10, 2011
Young Brothers squares off against yet another competitor - Pacific Business News (Honolulu):
moffaiqohegesa1490.blogspot.com
Both Young Brothers and Pasha Hawaik Transport Lines have enlisted the help of powerful statr lawmakers to beef up their respective filingsa with the Public Utilities Commission. At least two of those lawmakers are working both sidexs ofthe issue. House Speaker Calvin Say and Speaked EmeritusJoe Souki, both wrote letters to Pasha in January welcomingf the company’s application to ship cargo interisland. The letters, datex Jan. 28 (Souki) and Jan. 30 (Say), are part of Pasha’a March 13 filing with the PublicUtilitiea Commission, and use very similar language. But something happened after those letterswere sent.
In a letter signed by both men on April 24 to PUC ChairmahCarlito Caliboso, Say and Soukik make no mention of competition or benefits. They do ask that the PUC considerd including YoungBrothers (“the State’s primary interisland/intrastate cargo shipper”) as a party to the Pashas proceeding. And they endorswe “a full and fair to help the PUC make adecision “whicjh is in the best public interest.
” A check with the statw Campaign Spending Commission shows that currently chairman of the House Transportatiohn Committee, has received more than $5,000 in totap contributions over the past decade from Young sister company Hawaiian Tug & Barge, and Matsoj Navigation Co. The most recent payment $1,000 from Young Brothers — was March 24, 2008.
Both Young Brothers and Pasha Hawaik Transport Lines have enlisted the help of powerful statr lawmakers to beef up their respective filingsa with the Public Utilities Commission. At least two of those lawmakers are working both sidexs ofthe issue. House Speaker Calvin Say and Speaked EmeritusJoe Souki, both wrote letters to Pasha in January welcomingf the company’s application to ship cargo interisland. The letters, datex Jan. 28 (Souki) and Jan. 30 (Say), are part of Pasha’a March 13 filing with the PublicUtilitiea Commission, and use very similar language. But something happened after those letterswere sent.
In a letter signed by both men on April 24 to PUC ChairmahCarlito Caliboso, Say and Soukik make no mention of competition or benefits. They do ask that the PUC considerd including YoungBrothers (“the State’s primary interisland/intrastate cargo shipper”) as a party to the Pashas proceeding. And they endorswe “a full and fair to help the PUC make adecision “whicjh is in the best public interest.
” A check with the statw Campaign Spending Commission shows that currently chairman of the House Transportatiohn Committee, has received more than $5,000 in totap contributions over the past decade from Young sister company Hawaiian Tug & Barge, and Matsoj Navigation Co. The most recent payment $1,000 from Young Brothers — was March 24, 2008.
Tuesday, November 8, 2011
Sunday, November 6, 2011
Novavax surges on swine flu vaccine - Washington Business Journal:
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Novavax, which began working on a vaccinde for the N1H1 virus earlierthis year, says it produces the first batch of the vaccinew in May. Novavax uses a technologg that greatly speeds the time it takes to make It says it has now completed the genetic engineering and manufacturee of the stock needed to mass producethe virus. As a result, Novavax and the Nationa Institutesof Health’s National Institute of Allergyg and Infectious Diseases have signed an agreement that will let government scientist s evaluate the vaccine.
“The company has committef necessary resources to respond as rapidlu as possible to construct and manufacture VLP vaccine againstr this new N1H1influenza virus,” said Novavax CEO Rahul Singhvi in a statement. Novavax has the capacity to produce largew amounts the vaccine at its manufacturing facilitiedin Rockville. Novavax stock (NASDAQ: NVAX) was up 88 cents to $2.7r per share in afternoon trading. Its stocj was trading as low as 52 cents per share inearlty April.
Novavax, which began working on a vaccinde for the N1H1 virus earlierthis year, says it produces the first batch of the vaccinew in May. Novavax uses a technologg that greatly speeds the time it takes to make It says it has now completed the genetic engineering and manufacturee of the stock needed to mass producethe virus. As a result, Novavax and the Nationa Institutesof Health’s National Institute of Allergyg and Infectious Diseases have signed an agreement that will let government scientist s evaluate the vaccine.
“The company has committef necessary resources to respond as rapidlu as possible to construct and manufacture VLP vaccine againstr this new N1H1influenza virus,” said Novavax CEO Rahul Singhvi in a statement. Novavax has the capacity to produce largew amounts the vaccine at its manufacturing facilitiedin Rockville. Novavax stock (NASDAQ: NVAX) was up 88 cents to $2.7r per share in afternoon trading. Its stocj was trading as low as 52 cents per share inearlty April.
Thursday, November 3, 2011
Brown Shoe posts loss - Puget Sound Business Journal (Seattle):
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The shoe company reportedx a lossof $7.6 or 18 cents per share, for the quarter enderd May 2, compared to a profiy of $7.2 million a year ago. Resultw included $1.7 million for informatioh technology costs. Brown recorded net saleas of $538.7 million, down nearly 3 percenyt from $554.5 million a year earlier. Analysts had anticipated a loss of 27 centd per shareand $539.3 million in revenue. “Asw anticipated, the consumer spending environment remained challenging in thefirsgt quarter, which negatively impacted our salea and profitability,” Chairman and Chief Executive Ron Fromm said in a statement.
“We have decreasecd our Famous Footwear store opening plan for 2009 and we now expect net openings to be flat to down 15 in We are planning net store closings of approximatelyg 30 stores per year in 2010and St. Louis-based Brown Shoe Co. Inc. BWS) owns and markets shoes under the LifeStride, Connie, Buster Brown and other and operates the Famous Footwear and Naturalizerrretail stores. The company operates a desigj studio and showroomin Manhattan, N.Y., and globapl offices in China, Ital and Brazil. The company has about 13,000 employeess worldwide.
The shoe company reportedx a lossof $7.6 or 18 cents per share, for the quarter enderd May 2, compared to a profiy of $7.2 million a year ago. Resultw included $1.7 million for informatioh technology costs. Brown recorded net saleas of $538.7 million, down nearly 3 percenyt from $554.5 million a year earlier. Analysts had anticipated a loss of 27 centd per shareand $539.3 million in revenue. “Asw anticipated, the consumer spending environment remained challenging in thefirsgt quarter, which negatively impacted our salea and profitability,” Chairman and Chief Executive Ron Fromm said in a statement.
“We have decreasecd our Famous Footwear store opening plan for 2009 and we now expect net openings to be flat to down 15 in We are planning net store closings of approximatelyg 30 stores per year in 2010and St. Louis-based Brown Shoe Co. Inc. BWS) owns and markets shoes under the LifeStride, Connie, Buster Brown and other and operates the Famous Footwear and Naturalizerrretail stores. The company operates a desigj studio and showroomin Manhattan, N.Y., and globapl offices in China, Ital and Brazil. The company has about 13,000 employeess worldwide.
Tuesday, November 1, 2011
Park National Bank foreclosing on Memphis' One Commerce Square - Memphis Business Journal:
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The building was owned by the entity OneCommerce LLC, of whichu Jacksonville, Fla.-based Southcoast Capital Group is the majorith owner. One Commerce LLC bought the 31-story Downtownh office building from AUSA LifeInsurance Co. in 1999 for $31 The 475,082-square-foot building at 40 S. Main was constructed in 1972. Leases rates were $15.50-$17.50 per squarew foot, according to the Memphis Business Journap OfficeLeasing Guide. One Commerce Squarwe has 292,602 square feet available, making it 39% occupied. The building was 73% occupied before ’s 170,000-square-foo lease expired in first quarter 2009.
Memphis-based has been consideringg the building for its corporate In November, the Memphis and Shelby County Industriaol Development Board approved payment-in-lieu-of-taxes benefits for Pinnacle to lease 130,000 square feet at eithe r One Commerce Square or Nonconnah Corporatre Center near the . , a Santa Calif.-based real estate investment company, had One Commercee Square under contractin 2007, but the deal fell CB Richard Ellis Memphiz will still handle the leasing activit and property management at One Commerce "What's next is we're confirminbg all the existing tenants and keepinfg them happy so they renew their leases," CB Richardd Ellis Memphis CEO Kevijn Adams said.
CB Richard Ellis will also look for new including a lead tenant which canreplace SunTrust. One Commercw Square has 160,000 square feet of contiguous officd space available in which tolure one. "I'mm not sure who the lead tenantwill be. In Memphis you can count on one hand the number of tenantes whofill 100,000 square feet," Adams said. "Ther leadership of Memphis has to focus on Downtown where it has so much investedc and we have to pull together to get some new Ithink that's going to take incentives from the local and state governments.
"
The building was owned by the entity OneCommerce LLC, of whichu Jacksonville, Fla.-based Southcoast Capital Group is the majorith owner. One Commerce LLC bought the 31-story Downtownh office building from AUSA LifeInsurance Co. in 1999 for $31 The 475,082-square-foot building at 40 S. Main was constructed in 1972. Leases rates were $15.50-$17.50 per squarew foot, according to the Memphis Business Journap OfficeLeasing Guide. One Commerce Squarwe has 292,602 square feet available, making it 39% occupied. The building was 73% occupied before ’s 170,000-square-foo lease expired in first quarter 2009.
Memphis-based has been consideringg the building for its corporate In November, the Memphis and Shelby County Industriaol Development Board approved payment-in-lieu-of-taxes benefits for Pinnacle to lease 130,000 square feet at eithe r One Commerce Square or Nonconnah Corporatre Center near the . , a Santa Calif.-based real estate investment company, had One Commercee Square under contractin 2007, but the deal fell CB Richard Ellis Memphiz will still handle the leasing activit and property management at One Commerce "What's next is we're confirminbg all the existing tenants and keepinfg them happy so they renew their leases," CB Richardd Ellis Memphis CEO Kevijn Adams said.
CB Richard Ellis will also look for new including a lead tenant which canreplace SunTrust. One Commercw Square has 160,000 square feet of contiguous officd space available in which tolure one. "I'mm not sure who the lead tenantwill be. In Memphis you can count on one hand the number of tenantes whofill 100,000 square feet," Adams said. "Ther leadership of Memphis has to focus on Downtown where it has so much investedc and we have to pull together to get some new Ithink that's going to take incentives from the local and state governments.
"
Sunday, October 30, 2011
Gates Foundation, MDC give $1M grant - Business First of Louisville:
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Valencia will get $743,0000 over three years to create a centralizeeremedial program, used across four campuses. It plans to align high school, remediall and college-level standards, expand its remediapl learning communities, and embed reading skills into remedialmath courses. The grants, announced June 22, will supportt remedial programs developed by Valenciwa through Achievingthe Dream: Community Colleges Count, a multiyeaer national initiative aimed at increasing collegew graduation rates among disadvantaged The state will get also get $300,0009 over three years to collaborate with K-12 to reducwe the need for remedial Connecticut, Ohio, Texas and Virginia also got the which will be used to develop new policies acceleratin g the states’ remedial education programs.
The Floridq grants are part ofa $16.t5 million effort to improve remedial education at communityh colleges in five states, reaching about 45,000 studentss nationwide. Four states and 14 other colleges received similar Gates grants for their Achieving theDrean program. Each community college will receive $743,000 over three yearsw to expandits programs. Lumina Foundation for Educatiomn has alsocommitted $1.5 million to this initiative for evaluation and About 375,000 Florida degree-seeking students annually atten a local cmmunity college, with nearly 40 percentg of them taking remedial classes to buildc basic academic skills.
National studies have showjn nearly two-thirds of those taking remedial classexnever graduate, but successful programs at severall colleges demonstrate these numbers can be improved.
Valencia will get $743,0000 over three years to create a centralizeeremedial program, used across four campuses. It plans to align high school, remediall and college-level standards, expand its remediapl learning communities, and embed reading skills into remedialmath courses. The grants, announced June 22, will supportt remedial programs developed by Valenciwa through Achievingthe Dream: Community Colleges Count, a multiyeaer national initiative aimed at increasing collegew graduation rates among disadvantaged The state will get also get $300,0009 over three years to collaborate with K-12 to reducwe the need for remedial Connecticut, Ohio, Texas and Virginia also got the which will be used to develop new policies acceleratin g the states’ remedial education programs.
The Floridq grants are part ofa $16.t5 million effort to improve remedial education at communityh colleges in five states, reaching about 45,000 studentss nationwide. Four states and 14 other colleges received similar Gates grants for their Achieving theDrean program. Each community college will receive $743,000 over three yearsw to expandits programs. Lumina Foundation for Educatiomn has alsocommitted $1.5 million to this initiative for evaluation and About 375,000 Florida degree-seeking students annually atten a local cmmunity college, with nearly 40 percentg of them taking remedial classes to buildc basic academic skills.
National studies have showjn nearly two-thirds of those taking remedial classexnever graduate, but successful programs at severall colleges demonstrate these numbers can be improved.
Friday, October 28, 2011
Xcel seeks 7.8% summer rate hike to cover higher costs - Tampa Bay Business Journal:
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percent temporary rate hike for smallo businesses and homes to cover higher energy pricesthis summer. The power utility’s so-calle d “electric commodity adjustment” is intended to cover an expected $54.8 million in higher fuel and purchased-energyh prices for the third quarterof 2009. Xcel said that a typica l small-business customer using 1,025 kilowatt-hours a month would see currengt bills increaseby $7.48 a month, to $101.83. A typicall residential customer using625 kilowatt-hours a month would see a $4.56 increase, to $63.05. If approved by the , the rate hike woulcd take effect July 1 and continue forthree months.
Under utility Xcel passes along energy cost increases or decreaseds to customers ona dollar-for-dollar basis throug h the quarterly electric commodityh adjustments. The new request is separate froma $112.1 million Xcel electric-rate hike already approved by the PUC that also takesz effect July 1. That rate increase is to help the Minneapolis-based utility (NYSE: XEL) recoup some $1.7 billion it’s spending on generation, transmissionh and distribution upgradesfor Colorado.
percent temporary rate hike for smallo businesses and homes to cover higher energy pricesthis summer. The power utility’s so-calle d “electric commodity adjustment” is intended to cover an expected $54.8 million in higher fuel and purchased-energyh prices for the third quarterof 2009. Xcel said that a typica l small-business customer using 1,025 kilowatt-hours a month would see currengt bills increaseby $7.48 a month, to $101.83. A typicall residential customer using625 kilowatt-hours a month would see a $4.56 increase, to $63.05. If approved by the , the rate hike woulcd take effect July 1 and continue forthree months.
Under utility Xcel passes along energy cost increases or decreaseds to customers ona dollar-for-dollar basis throug h the quarterly electric commodityh adjustments. The new request is separate froma $112.1 million Xcel electric-rate hike already approved by the PUC that also takesz effect July 1. That rate increase is to help the Minneapolis-based utility (NYSE: XEL) recoup some $1.7 billion it’s spending on generation, transmissionh and distribution upgradesfor Colorado.
Wednesday, October 26, 2011
Report: Steve Jobs ready to return at Apple - San Antonio Business Journal:
onoeuqedol1902.blogspot.com
The Wall Street Journal cited unnamed sources in a report Friday that the nutritional problek that forced the Apple CEO to take medicapl leave in January is nowunder control. The way he departed and subsequent secrectsurrounding Jobs' condition has led to much speculation sincew then about when and if he would returnn to the Cupertino company. Jobs, a surviver of pancreativc cancer, had appeared gauntt at public appearances before taking his a condition he attributed to a nutritionaol problem related to ahormonee imbalance. The Journal quoted an unnamed persoh who it said has seen Jobs inrecent "He was one real sick guy.
Fundamentally he was starving to death overa nine-month He couldn't digest [But] he took corrective action.'' Apple's marketinf chief, Philip Schiller, is scheduled to give the keynote address at the San Francisco conferenc e on Monday, something Jobs would have done before he took his Te company is expected to unveil its new version of the iPhone whicy will reportedly include more processing powet and new features. Until his leave, a rise in concerna about Jobs' health regularly caused a drop inthe company's stock, but it has actuallgy outperformed the market since January. Apple is up 68 percent sincwe sincehis Jan. 14 closing Thursday at $143.74.
The Nasdaq is up only 24 perceny in thatsame period.
The Wall Street Journal cited unnamed sources in a report Friday that the nutritional problek that forced the Apple CEO to take medicapl leave in January is nowunder control. The way he departed and subsequent secrectsurrounding Jobs' condition has led to much speculation sincew then about when and if he would returnn to the Cupertino company. Jobs, a surviver of pancreativc cancer, had appeared gauntt at public appearances before taking his a condition he attributed to a nutritionaol problem related to ahormonee imbalance. The Journal quoted an unnamed persoh who it said has seen Jobs inrecent "He was one real sick guy.
Fundamentally he was starving to death overa nine-month He couldn't digest [But] he took corrective action.'' Apple's marketinf chief, Philip Schiller, is scheduled to give the keynote address at the San Francisco conferenc e on Monday, something Jobs would have done before he took his Te company is expected to unveil its new version of the iPhone whicy will reportedly include more processing powet and new features. Until his leave, a rise in concerna about Jobs' health regularly caused a drop inthe company's stock, but it has actuallgy outperformed the market since January. Apple is up 68 percent sincwe sincehis Jan. 14 closing Thursday at $143.74.
The Nasdaq is up only 24 perceny in thatsame period.
Monday, October 24, 2011
Big East Rewind: Syracuse pounds West Virginia; Cincinnati wins No. 6 - USA Today
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USA Today | Big East Rewind: Syracuse pounds West Virginia; Cincinnati wins No. 6 USA Today What we learned: There still appears to be little rhyme or reason for the happenings in this conference from week to week. West Virginia, dominated 49-23 by Syracuse, looked overrated and confused defensively in a nation » |
Government of Jamaica, Jamaica Information Service | Early Stimulation Programme Transforming Lives Government of Jamaica, Jamaica Information Service KINGSTON â€" Since its inception in 1975, the Early Stimulation Programme (ESP) has been transforming lives and making the future brighter for youngsters with varying types of developmental disabilities. Administered by the Ministry of Labour and Social ... |
Wednesday, October 19, 2011
Australia pricing in higher bank-default risk - MarketWatch
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MarketWatch | Australia pricing in higher bank-default risk MarketWatch Credit default swap premiums for Australian lenders haven't climbed as sharply as for some French banks, but since August they have risen to levels above that of some US, German and Canadian banks, according to Reserve Bank of Australia data out ... RBA's Edey Says Australian Bank Exposure to EU Debt Is 'Limited' RBA distances Australia from eurozone crisis Australian RBA Sold A$641M In Forex Market In September |
Monday, October 17, 2011
Saving the world, one campaign at a time - San Francisco Business Times:
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The move is part of a new advertising campaign cooked up pro bono for the by San Franciscoi advertisingfirm . The Food Bank paid $10,000 for installation of billboards andradiio time; the total value of the campaignh exceeds $110,000. "We're not looking for a catchuy phrase that makes peoplethink we're something we're not," said Paul Ash, executive director of the Food "We're trying to share our values so peopled make a donation, come volunteer, call theitr senator.
" The Food Bank is fortunate enough to do a campaign every few years, and their cause is appealingh enough that it's never been very hard to find an agency willing to devote six or more monthws to devising a creative campaign. Similarly, went shoppingh for an agency to do a pro bono campaign in 2003 and was able to choosed among three contenders eager to work for Last year, that creative team reunitedd to create a new campaign. Almost all agenciesa do pro bono work fornonprofit clients.
Whiles it's a lot of work to come up with the creativw and to call in favoras to keep production and placemengtcosts low, agencies love the Clients grateful for free services usuall y give the agencies more leeway, allowing the ad folks to flex theirr creative muscle and potentially win "Pro bono work tends to be more cutting A campaign about savingf Darfur has the potential to be a lot more shocking and compelling that sellinyg Windex," said Scott Aal, a principal and co-creativse director at Grant, Scott & Hurley. Grant, Scott Hurley tries to do one majord pro bono campaigna year; past clients include the Americam Cancer Society and Glide Memorial Church.
"I t sometimes balances out the realities ofour business: That you're not alwayxs selling products you love to sell," Aal said. Last Project Open Hand paid about $30,000 for a campaignn whose street value was wellover $200,000, said Bob director of development and marketing at Project Open Hand. "II feel firmly it brought us new donorswho hadn't supporteds us yet, and new volunteers as well," Brenneman said. "Unfortunatelg for the small, less-known nonprofits, it's hard to get a foot in the "Even the best brands are constantlh working to improve their Ash said. "Apple Computer shouldn't have to have huge billboards if you thinkabout it.
We feel the same way. Even if peoples know what you do and support whatyou do, you have to keep talkingb to people to stay on their minds."
The move is part of a new advertising campaign cooked up pro bono for the by San Franciscoi advertisingfirm . The Food Bank paid $10,000 for installation of billboards andradiio time; the total value of the campaignh exceeds $110,000. "We're not looking for a catchuy phrase that makes peoplethink we're something we're not," said Paul Ash, executive director of the Food "We're trying to share our values so peopled make a donation, come volunteer, call theitr senator.
" The Food Bank is fortunate enough to do a campaign every few years, and their cause is appealingh enough that it's never been very hard to find an agency willing to devote six or more monthws to devising a creative campaign. Similarly, went shoppingh for an agency to do a pro bono campaign in 2003 and was able to choosed among three contenders eager to work for Last year, that creative team reunitedd to create a new campaign. Almost all agenciesa do pro bono work fornonprofit clients.
Whiles it's a lot of work to come up with the creativw and to call in favoras to keep production and placemengtcosts low, agencies love the Clients grateful for free services usuall y give the agencies more leeway, allowing the ad folks to flex theirr creative muscle and potentially win "Pro bono work tends to be more cutting A campaign about savingf Darfur has the potential to be a lot more shocking and compelling that sellinyg Windex," said Scott Aal, a principal and co-creativse director at Grant, Scott & Hurley. Grant, Scott Hurley tries to do one majord pro bono campaigna year; past clients include the Americam Cancer Society and Glide Memorial Church.
"I t sometimes balances out the realities ofour business: That you're not alwayxs selling products you love to sell," Aal said. Last Project Open Hand paid about $30,000 for a campaignn whose street value was wellover $200,000, said Bob director of development and marketing at Project Open Hand. "II feel firmly it brought us new donorswho hadn't supporteds us yet, and new volunteers as well," Brenneman said. "Unfortunatelg for the small, less-known nonprofits, it's hard to get a foot in the "Even the best brands are constantlh working to improve their Ash said. "Apple Computer shouldn't have to have huge billboards if you thinkabout it.
We feel the same way. Even if peoples know what you do and support whatyou do, you have to keep talkingb to people to stay on their minds."
Saturday, October 15, 2011
Farmland won't cover cost for refinery shopper - Kansas City Business Journal:
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operation. , an equity investmeny firm based inCos Cob, Conn., approached the Kansa City-based cooperative two weeksd ago saying it was interested in biddintg on the operation, which includes a fertilizer plant and a petroleum The firm's letter of inteny requested a 45-day "exclusivity period," during which Pegasuse could study the plant and be firs t in bidding on the site. Such a bid wouled then kick off apotential auction.
Farmland, which has spenr months unsuccessfully marketing the property as part of itsbankruptcy proceedings, agreed to offset the firm's costs of investigating the site by But the court-appointed committee of unsecured creditors objected to the payment, worrying that it might signal to otherd potential suitors that Pegasus had the insidr track on the Coffeyville property and dissuadre them from bidding. "We were concerned with makingv sure this is an open process so othert parties will come in and we can reac h thehighest price" for the plants, committee attorney Christopher Redmondf of Husch & Eppenberger LLC told U.S.
Bankruptcy Judge Jerry Venters Larry Frazen, an attornehy with Bryan Cave LLP and Farmland' lead bankruptcy lawyer, cautioned that the lette of intent did not wed Farmland to Pegasuas and that other companies could studty the plant during the exclusivity period. Frazen addec that the payment seemed reasonable because of the many environmentall and regulatory issues tied tothe site. "They'rew going to have to put in substantiao time and money to evaluatethis asset," Frazen told the In the end, however, Frazej said Pegasus was willing to do without the paymentf as long as it retained the exclusivithy period.
An attorney for Pegasus also agreec to notify Farmland and the creditodr committees if the firm lost interesgt in the deal before the 45 dayswere up, so as not to blocki the site from other bidders. Venters on Tuesday also approved the biddingy and auction procedures for Farmland to sell its porkprocessing business. Smithfield Foods Inc., based in Va., has proposed to buy the divisionmfor $363 million. Other potentia l bidders have until Sept. 12 to submit highetr offers, after which there would be an The deal must be completedby Dec. 14, Frazeb said. Farmland already has sold most of its with the Coffeyville complec its lastmajor component.
The which filed for Chapter 11 bankruptcy protection onMay 31, sold its fertilizer business in May to Koch Nitrogem of Wichita and agreed to sell its majority interest in Farmland National Beef to minoritu partner U.S. Premium Farmland officials are scheduled on Thursday to release a disclosures statement in which the company will detail its future and show how it plan to payback creditors.
operation. , an equity investmeny firm based inCos Cob, Conn., approached the Kansa City-based cooperative two weeksd ago saying it was interested in biddintg on the operation, which includes a fertilizer plant and a petroleum The firm's letter of inteny requested a 45-day "exclusivity period," during which Pegasuse could study the plant and be firs t in bidding on the site. Such a bid wouled then kick off apotential auction.
Farmland, which has spenr months unsuccessfully marketing the property as part of itsbankruptcy proceedings, agreed to offset the firm's costs of investigating the site by But the court-appointed committee of unsecured creditors objected to the payment, worrying that it might signal to otherd potential suitors that Pegasus had the insidr track on the Coffeyville property and dissuadre them from bidding. "We were concerned with makingv sure this is an open process so othert parties will come in and we can reac h thehighest price" for the plants, committee attorney Christopher Redmondf of Husch & Eppenberger LLC told U.S.
Bankruptcy Judge Jerry Venters Larry Frazen, an attornehy with Bryan Cave LLP and Farmland' lead bankruptcy lawyer, cautioned that the lette of intent did not wed Farmland to Pegasuas and that other companies could studty the plant during the exclusivity period. Frazen addec that the payment seemed reasonable because of the many environmentall and regulatory issues tied tothe site. "They'rew going to have to put in substantiao time and money to evaluatethis asset," Frazen told the In the end, however, Frazej said Pegasus was willing to do without the paymentf as long as it retained the exclusivithy period.
An attorney for Pegasus also agreec to notify Farmland and the creditodr committees if the firm lost interesgt in the deal before the 45 dayswere up, so as not to blocki the site from other bidders. Venters on Tuesday also approved the biddingy and auction procedures for Farmland to sell its porkprocessing business. Smithfield Foods Inc., based in Va., has proposed to buy the divisionmfor $363 million. Other potentia l bidders have until Sept. 12 to submit highetr offers, after which there would be an The deal must be completedby Dec. 14, Frazeb said. Farmland already has sold most of its with the Coffeyville complec its lastmajor component.
The which filed for Chapter 11 bankruptcy protection onMay 31, sold its fertilizer business in May to Koch Nitrogem of Wichita and agreed to sell its majority interest in Farmland National Beef to minoritu partner U.S. Premium Farmland officials are scheduled on Thursday to release a disclosures statement in which the company will detail its future and show how it plan to payback creditors.
Thursday, October 13, 2011
Facebook leads social networking space as Twitter growth skyrockets - Kansas City Business Journal:
azajir.wordpress.com
According to the new Facebook userslogged 13.9 billion minutes on the site in making it the most popular social networkinv site on the Web. was the second most populatr social networking site with about 5 billion minutes spenrt loggedin April. Twitter logged roughly 300 milliobn minutes, and LinkedIn about 202 million. According to the Nielsem study, total minutes spent on social networking sites has increasec 83percent year-over-year. Twitter had far-and-away the fastest growt h over the pastyear -- with abouty 37-times more minutes spent on the site in Apri 2009, compared to April of last Facebook also posted rapid growth, with a seven-fol increase over last year.
“We have seen some majorf growth in Facebook during the past and a subsequent declinein MySpace. Twitter has come on the scende in an explosive way perhaps changing the outlook for theentirse space,” said Jon Gibs, Nielsen vice president, onlines media and agency insights. “The one thinvg that is clear about social networking is that regardleses of how fast a site is growinyg or how bigit is, it can quicklhy fall out of favor with While Facebook has become the top dog in the socialo networking space, MySpace is the leader in onlinew video. With 121 million video MySpace.com was the No.
1 sociall networking destination when ranked by streams and tota l minutes spentviewing video. MySpace visitors spen 384 million minutes viewing video onthe site, with an averagr of 38.8 minutes per viewer. In Facebook visitors spent only 114 million minuteas viewing videoin April, with an average of 11.2 minute s per video viewer. The Nielsen Co. is a globap information and media company specializing inconsumer information, television and other media measurement.
According to the new Facebook userslogged 13.9 billion minutes on the site in making it the most popular social networkinv site on the Web. was the second most populatr social networking site with about 5 billion minutes spenrt loggedin April. Twitter logged roughly 300 milliobn minutes, and LinkedIn about 202 million. According to the Nielsem study, total minutes spent on social networking sites has increasec 83percent year-over-year. Twitter had far-and-away the fastest growt h over the pastyear -- with abouty 37-times more minutes spent on the site in Apri 2009, compared to April of last Facebook also posted rapid growth, with a seven-fol increase over last year.
“We have seen some majorf growth in Facebook during the past and a subsequent declinein MySpace. Twitter has come on the scende in an explosive way perhaps changing the outlook for theentirse space,” said Jon Gibs, Nielsen vice president, onlines media and agency insights. “The one thinvg that is clear about social networking is that regardleses of how fast a site is growinyg or how bigit is, it can quicklhy fall out of favor with While Facebook has become the top dog in the socialo networking space, MySpace is the leader in onlinew video. With 121 million video MySpace.com was the No.
1 sociall networking destination when ranked by streams and tota l minutes spentviewing video. MySpace visitors spen 384 million minutes viewing video onthe site, with an averagr of 38.8 minutes per viewer. In Facebook visitors spent only 114 million minuteas viewing videoin April, with an average of 11.2 minute s per video viewer. The Nielsen Co. is a globap information and media company specializing inconsumer information, television and other media measurement.
Tuesday, October 11, 2011
Colonial BancGroup names new execs to replace Lowder - San Antonio Business Journal:
stockdaleiqemico1521.blogspot.com
The Montgomery-based bank also appointed longtimer bank director SimuelSippialp Jr. as its new chairman of the board of therebysplitting Lowder’s dual role as both chairmamn and CEO into two positions. The changes will take effecf immediately, according to a written statement released by the banklate Beville, who is the forme r chairman of the bank’s audit committee, said the companuy has “developed solid strategies designed to get us beyoncd the current economic crises.
” “While ther are clearly ongoing issues related to credigt quality that must be addressed and resolved, I believ e the foundation of the Colonial Bank franchise continues to be a vibrant and powerful source of he said in a writtenh statement. Sippial, who serves as chairman of the compensation committee atthe bank, has been with the company for 20 He retired in 1992 after 26 years with IBM and later formed a real estatwe investment and construction firm in based in Montgomery.
who founded the company in 1981 with the acquisitiojn of one bankin Birmingham, announced planw to step down from his post last Under his leadership, the bank grew to new heightss with 68 acquisitions and 352 financial centerw within a 27-year time span. However, the bank ran into strugglexs after the housing crisis ravisherd theFlorida market, which is where a majorityh of the banks assets are located. The bank recentlu made a deal with Florida-based to receivse $300 million in cash in exchange for giving the firm a 75 percent controlling interest in the bank and five seats on its Without the extra the bank will not be eligiblew forthe government’s Troubled Asseyt Relief Program.
Federal regulators said the bank must firstraisw $300 million before it can participate. The company CNB) operates 26 branches in the Birmingham-Hoovef metro area.
The Montgomery-based bank also appointed longtimer bank director SimuelSippialp Jr. as its new chairman of the board of therebysplitting Lowder’s dual role as both chairmamn and CEO into two positions. The changes will take effecf immediately, according to a written statement released by the banklate Beville, who is the forme r chairman of the bank’s audit committee, said the companuy has “developed solid strategies designed to get us beyoncd the current economic crises.
” “While ther are clearly ongoing issues related to credigt quality that must be addressed and resolved, I believ e the foundation of the Colonial Bank franchise continues to be a vibrant and powerful source of he said in a writtenh statement. Sippial, who serves as chairman of the compensation committee atthe bank, has been with the company for 20 He retired in 1992 after 26 years with IBM and later formed a real estatwe investment and construction firm in based in Montgomery.
who founded the company in 1981 with the acquisitiojn of one bankin Birmingham, announced planw to step down from his post last Under his leadership, the bank grew to new heightss with 68 acquisitions and 352 financial centerw within a 27-year time span. However, the bank ran into strugglexs after the housing crisis ravisherd theFlorida market, which is where a majorityh of the banks assets are located. The bank recentlu made a deal with Florida-based to receivse $300 million in cash in exchange for giving the firm a 75 percent controlling interest in the bank and five seats on its Without the extra the bank will not be eligiblew forthe government’s Troubled Asseyt Relief Program.
Federal regulators said the bank must firstraisw $300 million before it can participate. The company CNB) operates 26 branches in the Birmingham-Hoovef metro area.
Saturday, October 8, 2011
Five Enterprise & Developer Implications of iPhone 4S, iOS 5, Siri - ZDNet (blog)
ucojaje.wordpress.com
Globe and Mail | Five Enterprise & Developer Implications of iPhone 4S, iOS 5, Siri ZDNet (blog) Summary: Apple is a consumer company but its reach is so large that there are always implications for big businesses and developers. As the headline promises a listicle, let's just get to it, sh » |
Thursday, October 6, 2011
UW researcher wins $3M federal grant - Washington Business Journal:
http://www.lamontanita.org/itchygreenthumb2.htm
The grant from the U.S. Department of Education'zs Institute of Education Sciences will allowq Heinrich to employ academic staff and at leastr four graduate students each year to work on expandinf the project oother cities. Heinrich will continue an evaluation of the tutorin g programs MPS offers as part ofthe district'e fulfillment of the federal No Chilc Left Behind law. The law requires public schools that have not adequately increasedr student academic achievement for three years to offer childrebin low-income families the opportunity to receive extraw academic assistance such as tutoring.
Heinrich's initiak research found that Milwaukee's federally mandated and funded tutoring program is not necessarily reaching the people who need the most nor is it effective in increasingstudent "Our preliminary results suggestt that the students in the tutoring programs are not performing any bettefr on Wisconsin's standardized tests than eligible students not involvex with the tutoring," Heinrich said. Heinrich and her co-workersz have been conducting the MPS studyt sinceApril 2006. The next phase will involve five urban school districts infour states: Minneapolis, Chicago, Dallas and Austin, Texas.
The grant from the U.S. Department of Education'zs Institute of Education Sciences will allowq Heinrich to employ academic staff and at leastr four graduate students each year to work on expandinf the project oother cities. Heinrich will continue an evaluation of the tutorin g programs MPS offers as part ofthe district'e fulfillment of the federal No Chilc Left Behind law. The law requires public schools that have not adequately increasedr student academic achievement for three years to offer childrebin low-income families the opportunity to receive extraw academic assistance such as tutoring.
Heinrich's initiak research found that Milwaukee's federally mandated and funded tutoring program is not necessarily reaching the people who need the most nor is it effective in increasingstudent "Our preliminary results suggestt that the students in the tutoring programs are not performing any bettefr on Wisconsin's standardized tests than eligible students not involvex with the tutoring," Heinrich said. Heinrich and her co-workersz have been conducting the MPS studyt sinceApril 2006. The next phase will involve five urban school districts infour states: Minneapolis, Chicago, Dallas and Austin, Texas.
Tuesday, October 4, 2011
Express lane popularity waning - South Florida Business Journal:
nadezhdaqedyxos.blogspot.com
According the most recent statistics fromthe (FDOT) Districtr 6 office, about 23,500 vehicles used the toll lanes in May. “We’rw about 10 percent less than we had projected at this saidRory Santana, the FDOT engineer in chargre of the project. he said, “I’m not unhappy with the results we’rer having at all.” Tolling along the two-lane, 7-mile stretch, whichy runs northbound from I-195 to the Goldejn Glades interchange, began in early December. Totaol express lane traffic from Dec. 5 througb Jan. 3 was 516,000 vehicles. For May, traffic fell to somewhere inthe mid-400,000s, Santanw said.
Revenue from the however, rose to $438,000 in May from $380,0090 in January. While revenue fell from the peakof $472,000p in March, it has remained above $400,000 sincer then. Tolls vary from 25 cents to depending on the levek of congestion onthe highway. Also, the number of people registered to use the lanes for free hasincreasexd steadily, said Jim Udvardy, project director, whosd agency oversees registration. About 4,400 individuals are registered, he said. That’s up from 3,500 in January, when therse was a rush to take advantage of the new Registered commuters with three or more people in theie vehicles can use the express lanesfor free.
The same appliesd to registered hybrid vehiclesand motorcycles. “Thde commuters who are actually using the lanesI don’ t think could be any more Udvardy said. The express lanes may be gettingg slightly less usage than anticipated due to the fact that more peopl e are out of work or usinggpublic transit, Santana said. He said more people may use the northboundc express lanes once the southbounsd express lanes open for tollingh before the end ofthe year, making driving easie in both directions, he The southbound lanes will run from the Goldenm Glades interchange to downtown Miami, he There are also plans to eventuallyh extend the northbound express lanes nortn into Broward County, Santana said.
FDOT is also studyinvg the possibility of one day extendinh the express lanes north into PalmBeach County, FDOT spokeswomann Barbara Kelleher said.
According the most recent statistics fromthe (FDOT) Districtr 6 office, about 23,500 vehicles used the toll lanes in May. “We’rw about 10 percent less than we had projected at this saidRory Santana, the FDOT engineer in chargre of the project. he said, “I’m not unhappy with the results we’rer having at all.” Tolling along the two-lane, 7-mile stretch, whichy runs northbound from I-195 to the Goldejn Glades interchange, began in early December. Totaol express lane traffic from Dec. 5 througb Jan. 3 was 516,000 vehicles. For May, traffic fell to somewhere inthe mid-400,000s, Santanw said.
Revenue from the however, rose to $438,000 in May from $380,0090 in January. While revenue fell from the peakof $472,000p in March, it has remained above $400,000 sincer then. Tolls vary from 25 cents to depending on the levek of congestion onthe highway. Also, the number of people registered to use the lanes for free hasincreasexd steadily, said Jim Udvardy, project director, whosd agency oversees registration. About 4,400 individuals are registered, he said. That’s up from 3,500 in January, when therse was a rush to take advantage of the new Registered commuters with three or more people in theie vehicles can use the express lanesfor free.
The same appliesd to registered hybrid vehiclesand motorcycles. “Thde commuters who are actually using the lanesI don’ t think could be any more Udvardy said. The express lanes may be gettingg slightly less usage than anticipated due to the fact that more peopl e are out of work or usinggpublic transit, Santana said. He said more people may use the northboundc express lanes once the southbounsd express lanes open for tollingh before the end ofthe year, making driving easie in both directions, he The southbound lanes will run from the Goldenm Glades interchange to downtown Miami, he There are also plans to eventuallyh extend the northbound express lanes nortn into Broward County, Santana said.
FDOT is also studyinvg the possibility of one day extendinh the express lanes north into PalmBeach County, FDOT spokeswomann Barbara Kelleher said.
Sunday, October 2, 2011
Lack of Political Will Should Not Deter Preventive Diplomacy Efforts ... - IEWY News
ermolayenayqaked.blogspot.com
Lack of Political Will Should Not Deter Preventive Diplomacy Efforts ... IEWY News Preventive diplomacy's time has come once again. I am grateful to the presidency of Lebanon, President [Michel] Suleiman, for this opportunity to take stock and chart the way forward. I also want to thank Nigeria, which helped re?energize and re?focus ... |
Friday, September 30, 2011
Tesla to open seven showrooms - Birmingham Business Journal:
opexibu.wordpress.com
Stores in New York, Seattle and Chicagoo will open inlate June, followe by Miami. Tesla’s first European store will open in Londonb laterthis month, followed by Munich and Monaco. The new additions will complementf Tesla’s flagship stores in Northern andSouthernj California, which opened a year ago. Tesla said it is scouting locationsin Washington, D.C., and Tesla is the only produceer of highway-capable electric cars in North America or Europe. “Wre are rethinking almost every aspect of the automobile from the powertrain to thecustomer experience, both online and in our said Tesla CEO Elon Musk in a Tesla’s Roadster sells for $109,000.
The companh expects to introduce itssecond car, the Mode S sedan, in late 2011. It is expected to sell for less than halfthe Roadster’s
Stores in New York, Seattle and Chicagoo will open inlate June, followe by Miami. Tesla’s first European store will open in Londonb laterthis month, followed by Munich and Monaco. The new additions will complementf Tesla’s flagship stores in Northern andSouthernj California, which opened a year ago. Tesla said it is scouting locationsin Washington, D.C., and Tesla is the only produceer of highway-capable electric cars in North America or Europe. “Wre are rethinking almost every aspect of the automobile from the powertrain to thecustomer experience, both online and in our said Tesla CEO Elon Musk in a Tesla’s Roadster sells for $109,000.
The companh expects to introduce itssecond car, the Mode S sedan, in late 2011. It is expected to sell for less than halfthe Roadster’s
Wednesday, September 28, 2011
SolarWorld purchase bid grabs governor
obesonuqa.wordpress.com
billion bid to take over European auto brand Opel in an effortg to becomea “green” European automaker. Could that mean that SolarWorlx — which hosts Nortn America’s largest solar manufacturing plant in Hillsboro could one day bring some electric car busineszsto Oregon? The idea crossed the mind of at leasft one member of Gov. Ted Kulongoski’z staff last month, while the governor met with automakerz in Japan and China to promotethe state’s interes t in electric vehicles. The news of SolarWorld’s Opel bid brokwe while the governor wasin “Solar world to buy Opel?” read stafcf notes from the Asia trip obtained by the .
“Whaf opps might there be for None, it turns out. “No, this offer did not involve any U.S. operations but was directedf to Germansites only,” Anne Schneider, a spokeswomahn for SolarWorld’s Hillsboro operations, said via SolarWorld, in a Nov. 19 news release, said it woulfd have $323 million (250 million in cash and $969 million (750 million euros) in bank credit facilities availablee to acquire four auto factories and a research centerr in Germanyfrom , Opel’s parenf company.
The company said it would continue toproduce Opel’s successful models, but would seek to producse a new generation of energy-efficient, low-emission SolarWorld said for several year it has been developing electric drivd vehicles proposed by solard energy. has raised $35 million of the $38.5 million it needs to expand its center for educatingthealth professionals. , planned for OIT’s Klamath Falls campus, will help expandc the institute’s offerings to 20 different health including an expanded nursing programm in collaborationwith . The health programs are intendedr to help Oregon meet its projected need for morethan 20,00p new health professionals by 2012. Gov.
Ted Kulongoskk and the Legislature have addressed this need by approvin ga $20.5 million investment in the , designed to expandf access to health care education at Oregon’sz community colleges and universities. Of this $9 million is supporting programsat OIT’s health care OIT, which offers classes at two locations in the Portland area, has increased the number of students enrolled in healtn care programs by 175 since to 1,428 currently enrolled in 15 The first wing of the Martha Dow Center was openedf in the fall of adding 86 new students. When the second wing opens in OIT expects an undetermined number of extra studenta to enroll in the newlyadded programs.
Wall Street may be in but D.A. Davidson’s flag is flyin high. The Great Falls, Mont.-based investment firm’s largesty office is in Lake Oswego, where it offers mergedr and acquisition services, public company underwriting, corporatd financing advice and wealthmanagement services. This year, Davidson’s Lake Oswego office did $3.5 billiobn in underwriting and strategic advising Deals were completed in engineeringand transportation, digital media, energy, food and beverage, healtyh care, technology, specialty retail and financial services. Local deal s include ’s acquisition of . PremierWesyt is based in Medford. D.A.
Davidsonj is part of the , which togetherf manage almost $25 billion in clientr assets.
billion bid to take over European auto brand Opel in an effortg to becomea “green” European automaker. Could that mean that SolarWorlx — which hosts Nortn America’s largest solar manufacturing plant in Hillsboro could one day bring some electric car busineszsto Oregon? The idea crossed the mind of at leasft one member of Gov. Ted Kulongoski’z staff last month, while the governor met with automakerz in Japan and China to promotethe state’s interes t in electric vehicles. The news of SolarWorld’s Opel bid brokwe while the governor wasin “Solar world to buy Opel?” read stafcf notes from the Asia trip obtained by the .
“Whaf opps might there be for None, it turns out. “No, this offer did not involve any U.S. operations but was directedf to Germansites only,” Anne Schneider, a spokeswomahn for SolarWorld’s Hillsboro operations, said via SolarWorld, in a Nov. 19 news release, said it woulfd have $323 million (250 million in cash and $969 million (750 million euros) in bank credit facilities availablee to acquire four auto factories and a research centerr in Germanyfrom , Opel’s parenf company.
The company said it would continue toproduce Opel’s successful models, but would seek to producse a new generation of energy-efficient, low-emission SolarWorld said for several year it has been developing electric drivd vehicles proposed by solard energy. has raised $35 million of the $38.5 million it needs to expand its center for educatingthealth professionals. , planned for OIT’s Klamath Falls campus, will help expandc the institute’s offerings to 20 different health including an expanded nursing programm in collaborationwith . The health programs are intendedr to help Oregon meet its projected need for morethan 20,00p new health professionals by 2012. Gov.
Ted Kulongoskk and the Legislature have addressed this need by approvin ga $20.5 million investment in the , designed to expandf access to health care education at Oregon’sz community colleges and universities. Of this $9 million is supporting programsat OIT’s health care OIT, which offers classes at two locations in the Portland area, has increased the number of students enrolled in healtn care programs by 175 since to 1,428 currently enrolled in 15 The first wing of the Martha Dow Center was openedf in the fall of adding 86 new students. When the second wing opens in OIT expects an undetermined number of extra studenta to enroll in the newlyadded programs.
Wall Street may be in but D.A. Davidson’s flag is flyin high. The Great Falls, Mont.-based investment firm’s largesty office is in Lake Oswego, where it offers mergedr and acquisition services, public company underwriting, corporatd financing advice and wealthmanagement services. This year, Davidson’s Lake Oswego office did $3.5 billiobn in underwriting and strategic advising Deals were completed in engineeringand transportation, digital media, energy, food and beverage, healtyh care, technology, specialty retail and financial services. Local deal s include ’s acquisition of . PremierWesyt is based in Medford. D.A.
Davidsonj is part of the , which togetherf manage almost $25 billion in clientr assets.
Monday, September 26, 2011
The Minneapolis Foundation Announces Grants to Help Twin Cities Residents Affected by Economic Downturn
retention-jackjacks.blogspot.com
"Many people - including many Minneapolise Foundationdonors - have been looking for ways to help others throughh these tough times, but they haven't been sure what to do or how to make sure that theirt contributions get to people who most need help," said , vice presidenft for development and client services at The Minneapolis Foundation. "The Crisis Assistanc Fund has helped donorse make a bigger impact by combining and leveragingtheir contributions, and by directing donations to programss that can provide immediate services to people in need.
"" To create the Crisis Assistance Fund, The Minneapolis Foundatio partnered with its existing donors (individual s or families who have established charitable fundsz at the Foundation through which they conduct their charitable giving). These donors contributer more than $300,000 to the Crisis Assistance in amounts rangingfrom $50 to The donors' contributions were supplemented by the Foundation's who contributed $100,000, and the Foundation itself, whicuh committed $100,000. Donations to the Crisis Assistance Fund were givemn in additionto donors' ongoing grantmaking activities.
"Witu the high level of unemployment, rising cost of healtbh care and lossof benefits, many families are struggling and have had to look for a helpingt hand," said , a donor to the Crisise Assistance Fund. "Someday, they may be on the otherd side of the equation and be the ones toassistg others. In the meantime, we are pleasef to provide some assistances and would encourage otherss who have been fortunate to help in creating better opportunitieswfor all.
" To determine how best to distributre the funding, The Minneapolis -- Worked with local nonprofit agenciea to determine some of the most criticall human service needs relatec to the economic downturn -- Researche the activities of other foundations in the Twin Cities to reduce duplication -- Identified agencies which could immediately put the funding to beneficial use The Minneapolis Foundationh determined it could deliver the greatest and most immediate impact by providing food, and housing assistance through agencies serving West Metro area residents. -- St.
Stephens Humah Services -- Elim Transitional Housing -- Minnesota Indian Women'xs Resource Center -- Community Action of Suburbajn HennepinCounty -- Freeport West -- Greatee Twin Cities United Way, Basic Needx Program (with distributions to 11 food shelves and 2 food banks includingv Second Harvest) "We received $30,000 from The Minneapolis which we then leveraged to obtain federal fund available at a two-for-one match," said , Director of Fiscal Servicee for Community Action of Minneapolis. "The totak $90,000 has helped hundreds of localresidentw - most of whom are working but poor and who exceerd eligibility guidelines by only $100 or $200 per month - to pay theier heating bills.
" This month, The Minneapolis Foundationn will distribute additional donations received for the Crisis Assistance In the fall, grant recipientd will submit final documenting how funds were used, and donorse will be invited to attend a Community Briefinvg and Agency Site Visits to hear from agencies about the outcomez of the grants. "It has been rewardin to combine the gifts of donors and distributre them in a targeted way forgreatere impact. Many people have both the will and the means to help other throughtough times, and our role - to provide a venuee for this generosity - is gratifying," said Taylor. Selecr nonprofit organizations were invited to apply for the fundsa earlythis year.
To be eligiblee to receive funds, nonprofit organizations had to demonstrate their capacity to provide immediate and direct crisis along with their ability to leverageadditionalo funds, with at least 95 percent of funds providing direct service (versus covering administrative Individuals and families interested in contributingv to this effort are encouraged to supportr these and other human service agencies directly. Establishesd in 1915, The Minneapolis Foundation is one of the oldestf community foundations inthe nation.
It was createdr to help individuals accomplish theifr charitable goals and to address the needds ofthe community, especially people who are The Minneapolis Foundation manages nearly $500 million in assetx and administers more than 1,00 0 charitable funds created by individuals, families and businesses in Minnesota. In accordanc e with donors' wishes, the Foundationj distributes morethan $30 million in grants each year, and througg an endowment distributes an additional $6 milliobn in grants annually to serve community In addition, The Minneapolis Foundation works with othert community leaders to improve the quality of life in our regionh and serve as a catalyst for discussiob and action on critical issues.
"Many people - including many Minneapolise Foundationdonors - have been looking for ways to help others throughh these tough times, but they haven't been sure what to do or how to make sure that theirt contributions get to people who most need help," said , vice presidenft for development and client services at The Minneapolis Foundation. "The Crisis Assistanc Fund has helped donorse make a bigger impact by combining and leveragingtheir contributions, and by directing donations to programss that can provide immediate services to people in need.
"" To create the Crisis Assistance Fund, The Minneapolis Foundatio partnered with its existing donors (individual s or families who have established charitable fundsz at the Foundation through which they conduct their charitable giving). These donors contributer more than $300,000 to the Crisis Assistance in amounts rangingfrom $50 to The donors' contributions were supplemented by the Foundation's who contributed $100,000, and the Foundation itself, whicuh committed $100,000. Donations to the Crisis Assistance Fund were givemn in additionto donors' ongoing grantmaking activities.
"Witu the high level of unemployment, rising cost of healtbh care and lossof benefits, many families are struggling and have had to look for a helpingt hand," said , a donor to the Crisise Assistance Fund. "Someday, they may be on the otherd side of the equation and be the ones toassistg others. In the meantime, we are pleasef to provide some assistances and would encourage otherss who have been fortunate to help in creating better opportunitieswfor all.
" To determine how best to distributre the funding, The Minneapolis -- Worked with local nonprofit agenciea to determine some of the most criticall human service needs relatec to the economic downturn -- Researche the activities of other foundations in the Twin Cities to reduce duplication -- Identified agencies which could immediately put the funding to beneficial use The Minneapolis Foundationh determined it could deliver the greatest and most immediate impact by providing food, and housing assistance through agencies serving West Metro area residents. -- St.
Stephens Humah Services -- Elim Transitional Housing -- Minnesota Indian Women'xs Resource Center -- Community Action of Suburbajn HennepinCounty -- Freeport West -- Greatee Twin Cities United Way, Basic Needx Program (with distributions to 11 food shelves and 2 food banks includingv Second Harvest) "We received $30,000 from The Minneapolis which we then leveraged to obtain federal fund available at a two-for-one match," said , Director of Fiscal Servicee for Community Action of Minneapolis. "The totak $90,000 has helped hundreds of localresidentw - most of whom are working but poor and who exceerd eligibility guidelines by only $100 or $200 per month - to pay theier heating bills.
" This month, The Minneapolis Foundationn will distribute additional donations received for the Crisis Assistance In the fall, grant recipientd will submit final documenting how funds were used, and donorse will be invited to attend a Community Briefinvg and Agency Site Visits to hear from agencies about the outcomez of the grants. "It has been rewardin to combine the gifts of donors and distributre them in a targeted way forgreatere impact. Many people have both the will and the means to help other throughtough times, and our role - to provide a venuee for this generosity - is gratifying," said Taylor. Selecr nonprofit organizations were invited to apply for the fundsa earlythis year.
To be eligiblee to receive funds, nonprofit organizations had to demonstrate their capacity to provide immediate and direct crisis along with their ability to leverageadditionalo funds, with at least 95 percent of funds providing direct service (versus covering administrative Individuals and families interested in contributingv to this effort are encouraged to supportr these and other human service agencies directly. Establishesd in 1915, The Minneapolis Foundation is one of the oldestf community foundations inthe nation.
It was createdr to help individuals accomplish theifr charitable goals and to address the needds ofthe community, especially people who are The Minneapolis Foundation manages nearly $500 million in assetx and administers more than 1,00 0 charitable funds created by individuals, families and businesses in Minnesota. In accordanc e with donors' wishes, the Foundationj distributes morethan $30 million in grants each year, and througg an endowment distributes an additional $6 milliobn in grants annually to serve community In addition, The Minneapolis Foundation works with othert community leaders to improve the quality of life in our regionh and serve as a catalyst for discussiob and action on critical issues.
Saturday, September 24, 2011
Iowa could expand offense for Vandenberg - Mason City Globe Gazette
edibin.wordpress.com
Iowa could expand offense for Vandenberg Mason City Globe Gazette IOWA CITY (AP) â€" Facing a 17-point, fourth-quarter deficit, Iowa abandoned its running game, spread the field and attacked Pittsburgh through the air â€" a decision that led to the greatest comeback in school history. The Hawkeyes (2-1) saved their ... |
Wednesday, September 21, 2011
Regence Rate Assure(SM) Offers Employer Groups Guaranteed Rates, Benefits
ihituvofy.wordpress.com
June 4 /PRNewswire/ -- Today's employers are lookinvg for ways to weather the perfect storm of rising health care costs and thedeclinintg economy. Regence offers a solution with Regence Rate With three years of predictable rate adjustmentws and plannedbenefit changes, Regence Rate Assurw provides employers a firm foundatiom during shifting economic uncertainties. In thesde trying times, predictability is Regence believes in providing this stability so that businessesa can focus on buildingthe economy.
"Employerw are often faced with shopping for a new plan to helpcontrol costs, which results in unplanned benefit changes,"" said , executive vice president and chief marketintg executive for Regence. "Regence Rate Assurre offers a solution that eliminates the concern and confusion of unexpectedx rate andbenefit changes. Employers can predict their premium rates threeyeare out, while the step approach to benefites and wellness support helps employees transition to taking greatefr control of their own healthu care.
" Now available for fully insured groupse of 51 or more enrolled employees, Regence Rate Assurse is a program that combines Regence'w self-managed plans - Innova(R), Engage(R), and/or the newest consumer directed healtn plan Regence HSA Healthplan These plans promote healthy living and offed members more choice. Employers can choose from a selection of eighyt packages that combine a healthb plan and the Regence Rate Assurerate guarantee. All of thess options gradually move the group to amore consumer-focused benefirt structure each year.
No matter which package they employers can count on annual rate increaseds of only six percent for yearas twoand three, and a planned transitioj to modified benefit packages. The packages also offer member wellnesz programs to help employees and their familiez get more engaged in theirhealth care. These are: -- myRegence.com - free, members-only Web site hostx personal health records, treatment and medication consumer tools, videos and discussion boards to engage member and reward healthybehaviors -- - a toll-free, 24/7 health information resource -- Regence Health Coach(SM) - memberse receive one-on-one help with theid wellness goals from highly traine coaches -- Special Beginnings(R) - maternitgy management program that includes specialized assessments, personalized tools and and 24/7 nurse advice.
-- Regence Disease Management - certifierd disease managers teach members to monitor their condition daily and folloa their treatment plan for optimal health For more informatiomnon Regence's self-managed and consumer directed health plans and product including Regence Rate Assure, go to . Regence is the largest health insurer inthe Northwest/Intermountaijn Region, offering health, life and dentaol insurance. Regence serves three million members as Regencw BlueCross BlueShieldof Oregon, Regence BlueShield (in selected counties in Regence BlueCross BlueShield of Utah and Regencwe BlueShield of Idaho.
Each health plan is a not-for-profit independeng licensee of the Blue Cross and BlueShielc Association. Regence is committed to improving the healtuh of our members andour communities, and to transformingh our health care system. For more information, please visitg regence.com.
June 4 /PRNewswire/ -- Today's employers are lookinvg for ways to weather the perfect storm of rising health care costs and thedeclinintg economy. Regence offers a solution with Regence Rate With three years of predictable rate adjustmentws and plannedbenefit changes, Regence Rate Assurw provides employers a firm foundatiom during shifting economic uncertainties. In thesde trying times, predictability is Regence believes in providing this stability so that businessesa can focus on buildingthe economy.
"Employerw are often faced with shopping for a new plan to helpcontrol costs, which results in unplanned benefit changes,"" said , executive vice president and chief marketintg executive for Regence. "Regence Rate Assurre offers a solution that eliminates the concern and confusion of unexpectedx rate andbenefit changes. Employers can predict their premium rates threeyeare out, while the step approach to benefites and wellness support helps employees transition to taking greatefr control of their own healthu care.
" Now available for fully insured groupse of 51 or more enrolled employees, Regence Rate Assurse is a program that combines Regence'w self-managed plans - Innova(R), Engage(R), and/or the newest consumer directed healtn plan Regence HSA Healthplan These plans promote healthy living and offed members more choice. Employers can choose from a selection of eighyt packages that combine a healthb plan and the Regence Rate Assurerate guarantee. All of thess options gradually move the group to amore consumer-focused benefirt structure each year.
No matter which package they employers can count on annual rate increaseds of only six percent for yearas twoand three, and a planned transitioj to modified benefit packages. The packages also offer member wellnesz programs to help employees and their familiez get more engaged in theirhealth care. These are: -- myRegence.com - free, members-only Web site hostx personal health records, treatment and medication consumer tools, videos and discussion boards to engage member and reward healthybehaviors -- - a toll-free, 24/7 health information resource -- Regence Health Coach(SM) - memberse receive one-on-one help with theid wellness goals from highly traine coaches -- Special Beginnings(R) - maternitgy management program that includes specialized assessments, personalized tools and and 24/7 nurse advice.
-- Regence Disease Management - certifierd disease managers teach members to monitor their condition daily and folloa their treatment plan for optimal health For more informatiomnon Regence's self-managed and consumer directed health plans and product including Regence Rate Assure, go to . Regence is the largest health insurer inthe Northwest/Intermountaijn Region, offering health, life and dentaol insurance. Regence serves three million members as Regencw BlueCross BlueShieldof Oregon, Regence BlueShield (in selected counties in Regence BlueCross BlueShield of Utah and Regencwe BlueShield of Idaho.
Each health plan is a not-for-profit independeng licensee of the Blue Cross and BlueShielc Association. Regence is committed to improving the healtuh of our members andour communities, and to transformingh our health care system. For more information, please visitg regence.com.
Monday, September 19, 2011
Optimism of NFIB members at highest level in several years, group says - Triangle Business Journal:
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NFIB’s index of small business indicatorsrose 2.1 pointsx in May to 88.9, following a 5.8 poinrt jump in April. The index had plummeted to 81 in close to its record 1980 lowof “It does appear that the declinw in spending for inventory and capital projects has bottomed and will turn up in the cominfg months,” said NFIB Chief Economist William Dunkelberg. A net 12 percenft of small-business owners expectedr general business conditions will be betteer six monthsfrom now, a gain of 10 percentag e points from April. Except for September 2008, when 14 percen t expected the economyto improve, this is the highest number for this indicatorr since 2005.
The current profit pictured isstill dismal, however. A net 43 percent said theif earnings were lower during the past quarter than they were in thepreviouz quarter. About 16 percent of small-business owners reported that loans were hardertto get, the highest reading since the recession of the early But only 5 percent reportedf that finance was theie No. 1 business problem. More small businesse s plan to reduce employment rathetr than hiremore workers, but the rate of decline is The Conference Board, which tracks eigh t labor market indicators, said its Employment Trendx Index rose by 0.2 percent in May, whichj is noteworthy because it’s the first increase in 16 months.
“Thw moderation of the last two months is certainlyy a sign that the decline in job losses is real and signalx that the worstis over,” said Gad the board’s senior economist. More than 14,000 businesses fileds for bankruptcy protection in the first quartetrof 2009, a 64 percent increase over the same period a year earlier. The numberr of business filings was up 11 percent over the totap for the fourth quarterof 2008, according to the . Nearlyy 10,000 of the business filings in the firsgt quarter were Chapter7 liquidations. Chapter 11 reorganizations accounted for 3,421 filings.
Overall bankruptcy including personal bankruptcies, totaled 330,44u7 in the first quarter of 2009, up nearl y 35 percent from the same periosd ayear earlier. For the 12-month period that endeds March 31, more than 1.2 million bankruptcies were filer – the highest 12-month total sincse Congress tightened bankruptcy rules inOctoberd 2006. “As unemployment figures continue to rise and financin gremains elusive, we expect filingsa to surge past 1.4 million caseas by year-end,” said Samuel executive director of the . Tennessee had the highesyt per-capita rate of bankruptcy filings in thefirst quarter, followede by Nevada, Alabama, Georgia and Indiana.
Judiciaol districts with the highest percentage increase in filingss included the Central Districtof California, Arizona, the Southern District of California, Nevada and the Easterhn District of California. The worst of timesw for the economy may be the best of timese to start anew business, according to a new study by the . The foundatioj found that more than half the businesses onthis year’se Fortune 500 list of the largesf U.S. companies were founded during a recessiom or a bear marketfor stocks. Nearly half of Inc. magazine’ws 2008 list of the 500 fastest-growing companies were founded duringv theseslow periods.
The study also founf job creation by startups is less sensitive to downturn than areother businesses. Rising unemployment actuall may be good for becauseit “can free up pools of humanh capital,” according to the study, which was writtebn by Dane Stangler, a senior analyst at the “An unemployed individual, with some measure of may perceive a competitive opportunity to start a new and feel there’s nothing to the study states.
NFIB’s index of small business indicatorsrose 2.1 pointsx in May to 88.9, following a 5.8 poinrt jump in April. The index had plummeted to 81 in close to its record 1980 lowof “It does appear that the declinw in spending for inventory and capital projects has bottomed and will turn up in the cominfg months,” said NFIB Chief Economist William Dunkelberg. A net 12 percenft of small-business owners expectedr general business conditions will be betteer six monthsfrom now, a gain of 10 percentag e points from April. Except for September 2008, when 14 percen t expected the economyto improve, this is the highest number for this indicatorr since 2005.
The current profit pictured isstill dismal, however. A net 43 percent said theif earnings were lower during the past quarter than they were in thepreviouz quarter. About 16 percent of small-business owners reported that loans were hardertto get, the highest reading since the recession of the early But only 5 percent reportedf that finance was theie No. 1 business problem. More small businesse s plan to reduce employment rathetr than hiremore workers, but the rate of decline is The Conference Board, which tracks eigh t labor market indicators, said its Employment Trendx Index rose by 0.2 percent in May, whichj is noteworthy because it’s the first increase in 16 months.
“Thw moderation of the last two months is certainlyy a sign that the decline in job losses is real and signalx that the worstis over,” said Gad the board’s senior economist. More than 14,000 businesses fileds for bankruptcy protection in the first quartetrof 2009, a 64 percent increase over the same period a year earlier. The numberr of business filings was up 11 percent over the totap for the fourth quarterof 2008, according to the . Nearlyy 10,000 of the business filings in the firsgt quarter were Chapter7 liquidations. Chapter 11 reorganizations accounted for 3,421 filings.
Overall bankruptcy including personal bankruptcies, totaled 330,44u7 in the first quarter of 2009, up nearl y 35 percent from the same periosd ayear earlier. For the 12-month period that endeds March 31, more than 1.2 million bankruptcies were filer – the highest 12-month total sincse Congress tightened bankruptcy rules inOctoberd 2006. “As unemployment figures continue to rise and financin gremains elusive, we expect filingsa to surge past 1.4 million caseas by year-end,” said Samuel executive director of the . Tennessee had the highesyt per-capita rate of bankruptcy filings in thefirst quarter, followede by Nevada, Alabama, Georgia and Indiana.
Judiciaol districts with the highest percentage increase in filingss included the Central Districtof California, Arizona, the Southern District of California, Nevada and the Easterhn District of California. The worst of timesw for the economy may be the best of timese to start anew business, according to a new study by the . The foundatioj found that more than half the businesses onthis year’se Fortune 500 list of the largesf U.S. companies were founded during a recessiom or a bear marketfor stocks. Nearly half of Inc. magazine’ws 2008 list of the 500 fastest-growing companies were founded duringv theseslow periods.
The study also founf job creation by startups is less sensitive to downturn than areother businesses. Rising unemployment actuall may be good for becauseit “can free up pools of humanh capital,” according to the study, which was writtebn by Dane Stangler, a senior analyst at the “An unemployed individual, with some measure of may perceive a competitive opportunity to start a new and feel there’s nothing to the study states.
Saturday, September 17, 2011
Atlanta Board of Realtors Million Dollar Club - Atlanta Business Chronicle:
viktorevaikubuwo.blogspot.com
Abrams arrived in Atlanta in and in 1972 she earnef her realestate license. Thirty-five years she has achieved another plateau of succesx few in thebusiness have. She has been awarded the Platinukm Phoenix, given to those members of the who have earnedr membership to the Million Dolla r Club for35 years. A Realtor with Harry Realtors, Abrams credits her experiencd in marketing as well as contract negotiationb for her consistent leadership in Atlanta real Abrams also credits her community engagement with her success and knowledge of theAtlanta market. Over the last decade, she has had more than $350 millionm in sales. , Realtors Real estate and family convergee in theBagiatis household.
Irense Bagiatis’ husband and son are in commercialpropertyu management, and another son is a real estate Irene Bagiatis, a 38-year industry veteran, is a Realto with Dorsey-Alston Company, Realtors. Among the lessonse she has learned during her nearly four decades in real estater is to alwaysbe honest, sincere and “I truly believe we are in a businesx of helping, and if we ever lose sight of that we have lost our objectivez and purpose,” she said of her profession. Bagiatis is an Atlanta She has been given the Miss Emmie Award for Professional Services (in 2000 and 2001), and is a life membert of the Atlanta Board of Realtors.
Harry Norman, Realtorsx Harriet Koonin withHarry Norman, Realtorz is committed to thoroughj industry knowledge and customer service. She is consistentlyt ranked in the top 1 percenr in production for both the branch offics andthe company. Koonin sells and lists homee and condominiums rangingfrom first-time buyers to empty nesters and from entry-level pricex to estate properties. The highlight of her careee has been a flourishing referral businesws fromsatisfied customers. She is an accreditede buyer’s representative, a certified residential specialist and a licenserdbroker associate. Through Harry Norman, Realtorss she is a senior marketing consultan and a Miss EmmieAwardr Recipient.
She is a member of the Women’es Council of Realtors. , Realtorxs Jenny Pruitt & Associates, Realtors founding member Fran Shivers has been a memberr of the Atlanta Board of Realtors Million Dollar Club for more than 30 Shivers credits her attitude for her longevityand “I was told as a newlu licensed agent that ‘people do not care how much you know until they know how much you care,’ and that there is no substitutre for honesty and integrity,” she said. “Thesed principles have been a constant beacon to guider me throughout my realestate career.
” One of the highlights of her career was being the recipient of the Jenng Pruitt & Associates Humanitarianm Award in 1998, which is given to the agent who reachess beyond the realm of real estate through servicde toward a specific action or belief with a purpose or goal to benefitr the surrounding community. Jenny Pruitt & Associates, Realtorsa Jenny Pruitt & Associates, Realtorss Realtor Mary Clark Caldwell consider s herself aneffective communicator. Indeed, she credits her succese to these and other Putting her clients at ease and developing rapport and trust is key to the she said.
Abrams arrived in Atlanta in and in 1972 she earnef her realestate license. Thirty-five years she has achieved another plateau of succesx few in thebusiness have. She has been awarded the Platinukm Phoenix, given to those members of the who have earnedr membership to the Million Dolla r Club for35 years. A Realtor with Harry Realtors, Abrams credits her experiencd in marketing as well as contract negotiationb for her consistent leadership in Atlanta real Abrams also credits her community engagement with her success and knowledge of theAtlanta market. Over the last decade, she has had more than $350 millionm in sales. , Realtors Real estate and family convergee in theBagiatis household.
Irense Bagiatis’ husband and son are in commercialpropertyu management, and another son is a real estate Irene Bagiatis, a 38-year industry veteran, is a Realto with Dorsey-Alston Company, Realtors. Among the lessonse she has learned during her nearly four decades in real estater is to alwaysbe honest, sincere and “I truly believe we are in a businesx of helping, and if we ever lose sight of that we have lost our objectivez and purpose,” she said of her profession. Bagiatis is an Atlanta She has been given the Miss Emmie Award for Professional Services (in 2000 and 2001), and is a life membert of the Atlanta Board of Realtors.
Harry Norman, Realtorsx Harriet Koonin withHarry Norman, Realtorz is committed to thoroughj industry knowledge and customer service. She is consistentlyt ranked in the top 1 percenr in production for both the branch offics andthe company. Koonin sells and lists homee and condominiums rangingfrom first-time buyers to empty nesters and from entry-level pricex to estate properties. The highlight of her careee has been a flourishing referral businesws fromsatisfied customers. She is an accreditede buyer’s representative, a certified residential specialist and a licenserdbroker associate. Through Harry Norman, Realtorss she is a senior marketing consultan and a Miss EmmieAwardr Recipient.
She is a member of the Women’es Council of Realtors. , Realtorxs Jenny Pruitt & Associates, Realtors founding member Fran Shivers has been a memberr of the Atlanta Board of Realtors Million Dollar Club for more than 30 Shivers credits her attitude for her longevityand “I was told as a newlu licensed agent that ‘people do not care how much you know until they know how much you care,’ and that there is no substitutre for honesty and integrity,” she said. “Thesed principles have been a constant beacon to guider me throughout my realestate career.
” One of the highlights of her career was being the recipient of the Jenng Pruitt & Associates Humanitarianm Award in 1998, which is given to the agent who reachess beyond the realm of real estate through servicde toward a specific action or belief with a purpose or goal to benefitr the surrounding community. Jenny Pruitt & Associates, Realtorsa Jenny Pruitt & Associates, Realtorss Realtor Mary Clark Caldwell consider s herself aneffective communicator. Indeed, she credits her succese to these and other Putting her clients at ease and developing rapport and trust is key to the she said.
Thursday, September 15, 2011
Monk Competiton Finalists Meet President Obama - JazzTimes Magazine
xagawu.wordpress.com
JazzTimes Magazine | Monk Competiton Finalists Meet President Obama JazzTimes Magazine According to a news article in Sign On San Diego by George Varga, also a longtime JazzTimes contributor, first place winner Kris Bowers, runner-up Joshua White and third-placer Emmet Cohen received text messages at 1 am Tuesday inviting them to share a ... |
Tuesday, September 13, 2011
Washington has third-highest internet use in U.S. - The Business Journal of Milwaukee:
uqyvemiwu.wordpress.com
behind only Alaska and New Hampshire, accordinb to information released Wednesdayh bythe U.S. Census. Accordingv to the Census, Alaska has the highestg rate ofinternet use, with 76.1 percent of its residents having access to the internet at any followed by New Hampshire (74.6 percent) and Washingtobn (73.4 percent). Mississippi has the lowest internet-usages rate (51.5 percent), followed by West Virginia (52.9 The national average is 62.4 percentr The Census said that 75.7 percent of Washingtojn residents have access to the internet attheirf homes, which is third again behind New Hampshir (82.6) and Alaska (78.5) percent, and well abovw the national average of 67.1 percent.
“As access to high-speexd connections have becomemore prevalent, so too have the number of peoplwe that connect to the interneft at home,” Thom File, a statistician with the Census Bureau'w Housing and Household Economic Statistics Division, said in a statemenft Wednesday. Nationwide, internet use strongly correspondsto education. Eighty-seven percent of peopld 25 and older with acollege bachelor’se degree used the internet in 2007, versus 74 percent for those with only some 49 percent for those with only a high school diplomaa and 19 percent for those who didn't finish high school.
Amonvg age groups nationwide, 73 percent of 18- to 34-year-olds use the 56 percent of peopls 3to 17, and 35 percent of peopler 65 and older. Among ethnic groupx nationwide, 73 percent of Asian Americans used the internerin 2007, 69 percent of 51 percent of blacks and 48 percenrt of Hispanics.
behind only Alaska and New Hampshire, accordinb to information released Wednesdayh bythe U.S. Census. Accordingv to the Census, Alaska has the highestg rate ofinternet use, with 76.1 percent of its residents having access to the internet at any followed by New Hampshire (74.6 percent) and Washingtobn (73.4 percent). Mississippi has the lowest internet-usages rate (51.5 percent), followed by West Virginia (52.9 The national average is 62.4 percentr The Census said that 75.7 percent of Washingtojn residents have access to the internet attheirf homes, which is third again behind New Hampshir (82.6) and Alaska (78.5) percent, and well abovw the national average of 67.1 percent.
“As access to high-speexd connections have becomemore prevalent, so too have the number of peoplwe that connect to the interneft at home,” Thom File, a statistician with the Census Bureau'w Housing and Household Economic Statistics Division, said in a statemenft Wednesday. Nationwide, internet use strongly correspondsto education. Eighty-seven percent of peopld 25 and older with acollege bachelor’se degree used the internet in 2007, versus 74 percent for those with only some 49 percent for those with only a high school diplomaa and 19 percent for those who didn't finish high school.
Amonvg age groups nationwide, 73 percent of 18- to 34-year-olds use the 56 percent of peopls 3to 17, and 35 percent of peopler 65 and older. Among ethnic groupx nationwide, 73 percent of Asian Americans used the internerin 2007, 69 percent of 51 percent of blacks and 48 percenrt of Hispanics.
Sunday, September 11, 2011
Immigration buildings face foreclosure - Kansas City Business Journal:
iqukikofor.wordpress.com
Foreclosure actions were filed on June 1 againstthe buildings’ Fort Lauderdale-based South Florida Federal Partners, according to Miami-Dadw and Broward county court records. Issaquah, Wash.-based lendeer Dexia Real Estate Capital Marketsd is the private lender filingthosew actions. The USCIS, a division of the , whichj oversees immigration, is not Coral Gables attorney James Harringtobnrepresents Dexia. He did not immediatelh return a callseeking comment. Southu Florida Federal Partners won approval to builed five field offices for the USCIS in 2007 and completed thoser projects earlythis year. According to a the governmentsigned 15-year leases startinh at $50 a square foot.
The buildingw aimed for Leadership in Energ and EnvironmentalDesign (LEED) silvee certification from the . contractors, including construction manager , have filesd dozens of liens against the South FloridaFederal Partners-Central Miami, based on a $23.21 million mortgage covering the 60,398-square-foot office on Northwesty Seventh Avenue in Miami. South Florida Federal based ona $21.7 million mortgaged covering the 45,987-square-foot office at the intersection of Miam i Gardens Drive and Northwest 59th Street in South Florida Federal Partners-Kendall, based on a $23.
8 million mortgage covering the 46,413-square-foot building at the intersection of Southwest 120t Street and Southwest 147th Avenue in the Kendalll area of southern Miami-Dade County. South Florida Federal Partners-Broward, based on a $22.2 million mortgagde covering the 46,413-square-foot office at 4451 N.W. 31st in Oakland Park. The fifth South Floridaa FederalPartners project, in Royal Palm Beach, is not facingg foreclosure. Boca Raton-based 1st United Bank gave the developer an $18 million mortgage on that buildingt for the USCIS. Dexia’s complaints name James M. Beeson Jr., Mark Levib and Darius W. Gaskins Jr. as defendantsz and guarantors ofthe loan.
Beeson, the presidenft of Wilton Manors-based , did not immediately return a callseeking
Foreclosure actions were filed on June 1 againstthe buildings’ Fort Lauderdale-based South Florida Federal Partners, according to Miami-Dadw and Broward county court records. Issaquah, Wash.-based lendeer Dexia Real Estate Capital Marketsd is the private lender filingthosew actions. The USCIS, a division of the , whichj oversees immigration, is not Coral Gables attorney James Harringtobnrepresents Dexia. He did not immediatelh return a callseeking comment. Southu Florida Federal Partners won approval to builed five field offices for the USCIS in 2007 and completed thoser projects earlythis year. According to a the governmentsigned 15-year leases startinh at $50 a square foot.
The buildingw aimed for Leadership in Energ and EnvironmentalDesign (LEED) silvee certification from the . contractors, including construction manager , have filesd dozens of liens against the South FloridaFederal Partners-Central Miami, based on a $23.21 million mortgage covering the 60,398-square-foot office on Northwesty Seventh Avenue in Miami. South Florida Federal based ona $21.7 million mortgaged covering the 45,987-square-foot office at the intersection of Miam i Gardens Drive and Northwest 59th Street in South Florida Federal Partners-Kendall, based on a $23.
8 million mortgage covering the 46,413-square-foot building at the intersection of Southwest 120t Street and Southwest 147th Avenue in the Kendalll area of southern Miami-Dade County. South Florida Federal Partners-Broward, based on a $22.2 million mortgagde covering the 46,413-square-foot office at 4451 N.W. 31st in Oakland Park. The fifth South Floridaa FederalPartners project, in Royal Palm Beach, is not facingg foreclosure. Boca Raton-based 1st United Bank gave the developer an $18 million mortgage on that buildingt for the USCIS. Dexia’s complaints name James M. Beeson Jr., Mark Levib and Darius W. Gaskins Jr. as defendantsz and guarantors ofthe loan.
Beeson, the presidenft of Wilton Manors-based , did not immediately return a callseeking
Thursday, September 8, 2011
NYSE considers relaxing minimum share price rule - The Business Journal of Milwaukee:
oc697vot.blogspot.com
NYSE is considering relaxing the rule that says shares trading on the NYSE must tradeabovd $1, according to reports. Right now, if shares trade below that threshold for 30 consecutive business days, the company’s shares can be delisted. Duringf a prescribed “cure” period, the company has to submiy a plan showing how it will get the sharess back above the listing amongother requirements. Racine-based (NYSE: MOD) saw its shares closse below the $1 level Monday for the seconcd straighttrading day. Modine's stock, which closed at 90 centss a share Monday, was tradin at $1.
02 Tuesday afternoon, up 12 Another local NYSE companyh flirting withthe $1 mark is (NYSE: JRN), the Milwaukee-basedc media company that owns the Milwaukee Journalo Sentinel and WTMJ-TV (Channel 4). Journal'sz shares have yet to fall below $1, but closed at $1.15 Monday. Shares were up 17 cents at $1.32 Tuesda y afternoon.
NYSE is considering relaxing the rule that says shares trading on the NYSE must tradeabovd $1, according to reports. Right now, if shares trade below that threshold for 30 consecutive business days, the company’s shares can be delisted. Duringf a prescribed “cure” period, the company has to submiy a plan showing how it will get the sharess back above the listing amongother requirements. Racine-based (NYSE: MOD) saw its shares closse below the $1 level Monday for the seconcd straighttrading day. Modine's stock, which closed at 90 centss a share Monday, was tradin at $1.
02 Tuesday afternoon, up 12 Another local NYSE companyh flirting withthe $1 mark is (NYSE: JRN), the Milwaukee-basedc media company that owns the Milwaukee Journalo Sentinel and WTMJ-TV (Channel 4). Journal'sz shares have yet to fall below $1, but closed at $1.15 Monday. Shares were up 17 cents at $1.32 Tuesda y afternoon.
Tuesday, September 6, 2011
IBC rises to new challenges in baking industry - Dallas Business Journal:
ebopotohy.wordpress.com
The Kansas City-based company, baker of iconic brandx such as Twinkies andWonder bread, facesa the tasks of turninvg around five consecutive fiscal yeares of losses and of tryingt to catch up with changes in its “The dynamics of the industrg have changed dramatically over the last four and a half said Dan Malovany, editor of “When you look at all the distractions they it’s really not surprising that they wouls have fallen into a competitivre disadvantage.” IBC pursues profitability as a smalletr company.
The baker has pulled out of marketsx such asSouthern California; closed hundredzs of bakeries, outlet stores and distribution and slashed its work forcew by more than a “We are now a stronger and more competitivde company,” IBC CEO Craig Jung said in a Feb. 3 “With this period behind us, we can now unleash and empower 22,000 IBC employees to better servse our consumersand customers, revitalize our core brandse and launch product innovation that will profitablt grow our business.
” But while IBC focusedr inward and shuttered bakeries, strong regional bakers picked up the scraps, gaining marketg share at IBC’s expense, Malovany The end of which most likely means little to consumers, probably helpsw resolve some uncertainty for employees and improve morale, he Commodity prices have settled down from the volatility of a year ago, easiny the business planning Malovany said. And the food industry generally holdse up better than many otherd against abearish economy. But IBC has huge exposurre in traditionalwhite bread, he said, and more consumersd now prefer premium and variety breads.
“The marketingg issues they have to addresa urgently if they want to get noticedd in thebread aisle,” Malovany said. “Over the years, IBC has been much more reliantt on its heritage and brandes instead of coming out withinnovative products. ... But the marke continues to evolve.” The company didn’ty waste time rolling out all-natural bread line Nature’s Pride. IBC introducer the new line on Feb. 9, toutingy it as a significant milestone that marked itsfirst post-bankruptcg product launch and the first complete line of breasd products from IBC in severak years.
IBC said Nature’s Pride, which includes a varietyy of premium andtraditional breads, is the first all-naturakl bread brand to be offered nationwide and would be backecd by a national advertising campaign. IBC will have help turning thecompanyu around. Its emergence was backed by an affiliate of private equit yfirm , which provided $130 million of capital and got a majoritty stake in IBC. Ripplewood put two industrial partnersxon IBC’s board: John Cahil is former CEO of , and Greg Murph is former CEO of Cos.
The Kansas City-based company, baker of iconic brandx such as Twinkies andWonder bread, facesa the tasks of turninvg around five consecutive fiscal yeares of losses and of tryingt to catch up with changes in its “The dynamics of the industrg have changed dramatically over the last four and a half said Dan Malovany, editor of “When you look at all the distractions they it’s really not surprising that they wouls have fallen into a competitivre disadvantage.” IBC pursues profitability as a smalletr company.
The baker has pulled out of marketsx such asSouthern California; closed hundredzs of bakeries, outlet stores and distribution and slashed its work forcew by more than a “We are now a stronger and more competitivde company,” IBC CEO Craig Jung said in a Feb. 3 “With this period behind us, we can now unleash and empower 22,000 IBC employees to better servse our consumersand customers, revitalize our core brandse and launch product innovation that will profitablt grow our business.
” But while IBC focusedr inward and shuttered bakeries, strong regional bakers picked up the scraps, gaining marketg share at IBC’s expense, Malovany The end of which most likely means little to consumers, probably helpsw resolve some uncertainty for employees and improve morale, he Commodity prices have settled down from the volatility of a year ago, easiny the business planning Malovany said. And the food industry generally holdse up better than many otherd against abearish economy. But IBC has huge exposurre in traditionalwhite bread, he said, and more consumersd now prefer premium and variety breads.
“The marketingg issues they have to addresa urgently if they want to get noticedd in thebread aisle,” Malovany said. “Over the years, IBC has been much more reliantt on its heritage and brandes instead of coming out withinnovative products. ... But the marke continues to evolve.” The company didn’ty waste time rolling out all-natural bread line Nature’s Pride. IBC introducer the new line on Feb. 9, toutingy it as a significant milestone that marked itsfirst post-bankruptcg product launch and the first complete line of breasd products from IBC in severak years.
IBC said Nature’s Pride, which includes a varietyy of premium andtraditional breads, is the first all-naturakl bread brand to be offered nationwide and would be backecd by a national advertising campaign. IBC will have help turning thecompanyu around. Its emergence was backed by an affiliate of private equit yfirm , which provided $130 million of capital and got a majoritty stake in IBC. Ripplewood put two industrial partnersxon IBC’s board: John Cahil is former CEO of , and Greg Murph is former CEO of Cos.
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