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"As a child, I was an artist," Guesf said. "I was alwaye entering art shows and drawingyand painting. When I went to college I signedf up as an art major but you had to selecgta specialty. "I remember playing with my papee dolls and building their houses and cominbg up with the perfec floor planfor them. By the time I had things how Iwantedr them, it was time to put the dollsz away. So I thought interior design would be fun and a good While still acollege student, Guest got her startf at , now She started as a designeer draftsman and worked her way up to architectural department vice president.
Today she is the presidentt and director of design at her own She holds the honod ofbeing Georgia's first registered interior designer and the first interio r designer appointed to serve on the Georgia State Board of Architects and Interior where she served for 10 years. She started her firm as a one-woman show in 1984. Today, she employs abouty 15 people and earnedabout $4.7 million in revenue last much of that coming from law firm desigj work.
"There is a misconception that our job is to just look at and pick out prett y things that decorate a We actually take the core of the building and dospacs planning, document it all, do drawings that are buildablr by a contractor, contract with the oversee construction and then order furniture, artwork and she said. Guest serves as the art consultant forher firm, as "This is one of my so it is one of the fun thingzs I get to do in my she said. Selecting a corporate collection of artwork isa "The artwork has to be appropriate for the businesd and the message they are tryint to send.
" Her projects have won several national and state Guest has received first place awards for desigmn projects from the ' (ASID) Georgia chaptetr for 16 of the past 20 years. She was recognized as the 2006 Southeast Contracft Designer of the Year by the Atlantw DecorativeArts Center. The Georgia chapteer of ASID named Guest Designer of the Yearin 1992. In 1996 she was electede as a fellow of the American Societyy ofInterior Designers. "I have had an incredibld career and done a lot of incredibl e projects that I think are successful for our clientsw and that make their business better and their lives she said.
"Happy clients are our best they sing our praisexs and we are so Guest is finding it is not her businese that is taking up the majority of her timethesw days. It is her position as president-elecyt of ASID National. Next year she will be president and then she will be immediaterpast president, meaning a three-year commitment to the executive leadershil of the 38,000-member organization with 48 She is currently attendinfg conferences to learn more about the issue that affect the industry, including sustainabilityy and globalization. She was nominated once before for the presidenct but turned it down because she was focusedr on buildingher business.
Now the time is "It is a big job, but it is a wonderfulk opportunity. My staff is more mature and they aretalentee designers, so if I was ever going to do now is a good time." She also served as past presidentg of the ASID Georgia chapter. As presidentf of the Georgia Alliance for Interioer Design Professionalsin 1991-92, she successfully led the effory for interior designers to be recognized as professionals. She also servese on the board of directors for the Museum of an affiliate ofthe , and the advisoryh board of Bauder College.
Saturday, June 30, 2012
Friday, June 29, 2012
BofA
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According to Dow Jones Newswires, Reps. Edolphusz Towns (D-N.Y.) and Dennis Kucinich (D-Ohio) have asked Lewies to appear Thursday before the House Committee on Oversighyt andGovernment Reform. Towns and Kucinich have been investigatinfg BofA’s acquisition of Merrill and the government’s decision to give the Charlotte-basedf bank billions of dollars intaxpayer aid. Accordiny to the news agency, they want to know when BofA founs outabout Merrill’s weakened financial situatiomn and how the role the federa l government played in BofA’s decision to complete the deal. Lawmakersx also want to know what BofA has done with the federalp aid ithas received.
A BofA spokesman told Dow Jones the bank will respond to thecommittee shortly. BofA bought the Merril on Jan. 1 for $29.1 The deal resulted in BofA’s receiving an additionall $20 billion in federal funds under the Troublec AssetRelief Program. BofA has receivefd a total of $45 billio n in TARP funds. In February, Lewis testified under oath beforre New York Attorney General Andrew Cuomp that Federal Reserve Chairmanh Ben Bernankeand then-Treasurty Secretary Henry Paulson pressured the bank not to discussd its increasingly troubled plan to buy Merrill. Lewis said he believes Paulson and Bernanke were instructing him to keep silenfabout Merrill’s financial problems.
Merrill lost $15.3w billion in the fourth quarter. Lewis has been undere intense pressure from BofA shareholders for not disclosing the deptnof Merrill’s financial difficulties before the merger. His testimony was part of an investigatio launched by Cuomo intothe $3.6 billion in bonusesw Merrill paid out in December. Cuomo has contendedf BofA (NYSE:BAC) was aware of Merrill’s decisiohn to award bonuses beforethe company’s fourth-quarter losses were The bank has said Merrill was an independent businessd when the bonuses were approved. North Carolina’z attorney general and the Securities and Exchange Commission are also investigatin gthe matter.
According to Dow Jones Newswires, Reps. Edolphusz Towns (D-N.Y.) and Dennis Kucinich (D-Ohio) have asked Lewies to appear Thursday before the House Committee on Oversighyt andGovernment Reform. Towns and Kucinich have been investigatinfg BofA’s acquisition of Merrill and the government’s decision to give the Charlotte-basedf bank billions of dollars intaxpayer aid. Accordiny to the news agency, they want to know when BofA founs outabout Merrill’s weakened financial situatiomn and how the role the federa l government played in BofA’s decision to complete the deal. Lawmakersx also want to know what BofA has done with the federalp aid ithas received.
A BofA spokesman told Dow Jones the bank will respond to thecommittee shortly. BofA bought the Merril on Jan. 1 for $29.1 The deal resulted in BofA’s receiving an additionall $20 billion in federal funds under the Troublec AssetRelief Program. BofA has receivefd a total of $45 billio n in TARP funds. In February, Lewis testified under oath beforre New York Attorney General Andrew Cuomp that Federal Reserve Chairmanh Ben Bernankeand then-Treasurty Secretary Henry Paulson pressured the bank not to discussd its increasingly troubled plan to buy Merrill. Lewis said he believes Paulson and Bernanke were instructing him to keep silenfabout Merrill’s financial problems.
Merrill lost $15.3w billion in the fourth quarter. Lewis has been undere intense pressure from BofA shareholders for not disclosing the deptnof Merrill’s financial difficulties before the merger. His testimony was part of an investigatio launched by Cuomo intothe $3.6 billion in bonusesw Merrill paid out in December. Cuomo has contendedf BofA (NYSE:BAC) was aware of Merrill’s decisiohn to award bonuses beforethe company’s fourth-quarter losses were The bank has said Merrill was an independent businessd when the bonuses were approved. North Carolina’z attorney general and the Securities and Exchange Commission are also investigatin gthe matter.
Wednesday, June 27, 2012
Footwear fetishist Chuck Jones hit with new harassment indictment - New York Post
ramoledef.blogspot.com
Footwear fetishist Chuck Jones hit with new harassment indictment New York Post The other stiletto has dropped on infamous footwear fetishist Chuck Jones -- in the form of a new harassment indictment accusing him of once again creeping ... |
Tuesday, June 26, 2012
Work begins on apartments for seniors in Green Island - The Business Review (Albany):
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million housing project in the village of Green Islandfor low-income The Green Island Senior Housing Development Fund Co. formed by the villagee for the project, and Taconic Capitaol Corp. of Albany are developing the project, whicjh will turn the former Saint Joseph'e Elementary School at the corner of Georges and Swan streets into13 apartments. The building is expectes to open in the The fund will own and operatthe property. Management services for Green Island Senior Housing will be subcontractexd to the WatervlietHousing Authority. Architecture Plus in Troy is the designer onthe project. Zandr Construction Corp. of Cohoes is the constructiomn manager.
Asbestos removal has been and bids are being reviewed from subcontractorz for renovation andconstruction contracts, said Jack director of community developmen for the Green Island Industrial Development Agency. The fund recently purchase d the building from the Roman Catholic Diocese of Albany for The diocese demolished the adjacent buildin to provide parking space forthe apartments. sidewalk maintenance and snow and trash remova will be provided by the village Public Works Funding for the project was obtained from the New York states Division of Housing and Community Renewapl througha $214,660 loan and from $1.
1 million in tax creditsd through the federal Low-Income Housing Tax Credit Program. A Smalo Cities grant of $400,000 from the U.S. Department of Housing and Urbaj Development, awarded to the village in also will be used forthe project. To be eligibled for the housing, seniors must be 60 or olderr and have a maximum yearly incom e of 60 percent of the areamediahn income, or $21,540 annuallg for individuals, $24,600 for couples. The 11 one-bedroom and two two-bedroom apartments will be handicapped-accessible. An elevator, community room, tenant storage and laundry room will be availablr inthe building.
Services such as meals, counseling and transportation will be providedr by the Green Island Seniorf Club at 89Hudson Ave., a few blockes from the apartment building.
million housing project in the village of Green Islandfor low-income The Green Island Senior Housing Development Fund Co. formed by the villagee for the project, and Taconic Capitaol Corp. of Albany are developing the project, whicjh will turn the former Saint Joseph'e Elementary School at the corner of Georges and Swan streets into13 apartments. The building is expectes to open in the The fund will own and operatthe property. Management services for Green Island Senior Housing will be subcontractexd to the WatervlietHousing Authority. Architecture Plus in Troy is the designer onthe project. Zandr Construction Corp. of Cohoes is the constructiomn manager.
Asbestos removal has been and bids are being reviewed from subcontractorz for renovation andconstruction contracts, said Jack director of community developmen for the Green Island Industrial Development Agency. The fund recently purchase d the building from the Roman Catholic Diocese of Albany for The diocese demolished the adjacent buildin to provide parking space forthe apartments. sidewalk maintenance and snow and trash remova will be provided by the village Public Works Funding for the project was obtained from the New York states Division of Housing and Community Renewapl througha $214,660 loan and from $1.
1 million in tax creditsd through the federal Low-Income Housing Tax Credit Program. A Smalo Cities grant of $400,000 from the U.S. Department of Housing and Urbaj Development, awarded to the village in also will be used forthe project. To be eligibled for the housing, seniors must be 60 or olderr and have a maximum yearly incom e of 60 percent of the areamediahn income, or $21,540 annuallg for individuals, $24,600 for couples. The 11 one-bedroom and two two-bedroom apartments will be handicapped-accessible. An elevator, community room, tenant storage and laundry room will be availablr inthe building.
Services such as meals, counseling and transportation will be providedr by the Green Island Seniorf Club at 89Hudson Ave., a few blockes from the apartment building.
Sunday, June 24, 2012
Toy
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Toys “R” Us said it agreerd to acquired the upscal e merchant in a deal that combines two ofthe nation’s most high-profile toy but will end Schwarz’s presencde at 260 Macy’s Last May, New York retailere FAO Schwarz and Macy'sd signed an calling for Macy's to roll out FAO Schwarza toy stores in about 675 locationes over the next two years, including 16 in the Houstomn area. “Under the terms of the the FAO Schwarz agreementy to sell toys inselect Macy’sz stores nationwide will end in Novembert of this year,” Toys "R" Us spokeswoman Jennifed Albano said in an e-mail.
Macy's spokesman Jim Sluzewskij said the retailer was just notifiedby N.J.-based Toys "R" Us aboug the change on May 28. “Oue understanding is that the FAO Schwarzs product will phase out in our storesz and be gone by the end of he said. Asked if Macy'a will replace the boutiques with another brandexdtoy chain, or its own, he said Macy's is "reviewing those opportunities." The deal combined one of the most privileged toy chains merchants with one of the most Toys “R” Us operates stores in 33 countriesa worldwide. FAO Schwarz, meanwhile, is the oldest toy retailer in the foundedin 1862. Financial terms of the deal between N.J.
-based Toys "R" Us and FAO Schwarsz have not been disclosed, but the deal includes the two FAO storea in New York City and at Caesarsx Palace inLas Vegas, plus the e-commercre and catalog operations. In a press release, Toys Us CEO Jerry Storch said he take s the responsibility of building onFAO Schwarz’s storied tradition very seriously. ”We will work tirelessly to preserve the distinctivenessz and integrity of the FAO Schwarz stores and branfd as we grow thebusiness and, take the brand to even greater heights.” All management, distribution and marketing operations will immediatelu begin to transition to Toys “R” Us Inc.
, according to the
Toys “R” Us said it agreerd to acquired the upscal e merchant in a deal that combines two ofthe nation’s most high-profile toy but will end Schwarz’s presencde at 260 Macy’s Last May, New York retailere FAO Schwarz and Macy'sd signed an calling for Macy's to roll out FAO Schwarza toy stores in about 675 locationes over the next two years, including 16 in the Houstomn area. “Under the terms of the the FAO Schwarz agreementy to sell toys inselect Macy’sz stores nationwide will end in Novembert of this year,” Toys "R" Us spokeswoman Jennifed Albano said in an e-mail.
Macy's spokesman Jim Sluzewskij said the retailer was just notifiedby N.J.-based Toys "R" Us aboug the change on May 28. “Oue understanding is that the FAO Schwarzs product will phase out in our storesz and be gone by the end of he said. Asked if Macy'a will replace the boutiques with another brandexdtoy chain, or its own, he said Macy's is "reviewing those opportunities." The deal combined one of the most privileged toy chains merchants with one of the most Toys “R” Us operates stores in 33 countriesa worldwide. FAO Schwarz, meanwhile, is the oldest toy retailer in the foundedin 1862. Financial terms of the deal between N.J.
-based Toys "R" Us and FAO Schwarsz have not been disclosed, but the deal includes the two FAO storea in New York City and at Caesarsx Palace inLas Vegas, plus the e-commercre and catalog operations. In a press release, Toys Us CEO Jerry Storch said he take s the responsibility of building onFAO Schwarz’s storied tradition very seriously. ”We will work tirelessly to preserve the distinctivenessz and integrity of the FAO Schwarz stores and branfd as we grow thebusiness and, take the brand to even greater heights.” All management, distribution and marketing operations will immediatelu begin to transition to Toys “R” Us Inc.
, according to the
Saturday, June 23, 2012
GameSpy: Deus Ex Franchise 75% Off On Steam - Page 1 - Gamespy.com
ekaterinaiuvo.blogspot.com
Cinema Blend | GameSpy: Deus Ex Franchise 75% Off On Steam - Page 1 Gamespy.com Deus Ex Franchise 75% Off On Steam - page 1 at GameSpy - Read » |
Friday, June 22, 2012
Car dealers admit: We
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“I’m upfront with ’em,” Doll Doll, like other southeast Wisconsijn GM andChrysler dealers, also is upfront abouft his bitterness at the situation wrought by the American automakers’ financial woes. Doll is one of only two southeasgt Wisconsin GM dealers who confirmed in recent interviewd that theyare closing. The other is Ernie von Schledorn’ Mayville Chevrolet Pontiac Cadillac dealership.
The dealersx losing their franchises will either close or alted their business to focus on used and imported Other dealers who avoided thedreaded “closing” noticew are bracing for the effects of bankruptcy, but hope that Chryslerf and GM will emerge from their financial problemz with improved product lines and business Doll’s dealership is at the same downtowmn Hartford site where his grandfather William GM has told him only that he will lose his new-vehicld franchise effective in 2010. “Obviouslt I’m not happy with it, that’xs for sure,” Doll said.
“oI never thought it would come to I neverthought I’d see the government play a role or GM go Doll said his new-vehicle businesxs is down like that of all New-vehicle sales in southeas t Wisconsin declined 28.4 to 16,010, through April compared with the same periofd of 2008, according to , Waterloo. The used vehiclw business has been doing fairly well and theDoll dealership’sd service department has been extremely busy, he said. Doll said he’x considering staying in business aftert losing the GM franchise and focusing on serviceand used-vehiclre sales.
“We may stay on with servics andused sales, but we might lose some servicr business and the credibility of being a new dealer,” he said. GM notified dealers of closing through confidentiallFedEx deliveries. Chrysler, on the othee hand, disclosed the list of dealers it plane to close in a May 14 BankruptcygCourt filing. The Chrysler list included five southeasftWisconsin dealerships: and , both of Milwaukee; , , Oconomowoc; and , Racine.
In addition, two Milwaukee-areqa dealers face closings outside the in Madison and in Several dealers have joined a group of Chryslerf dealers statewide and nationally who are fighting the closings in Bankruptcy Russ Darrow said Chrysledr is attempting to force dealers to consolidate despite the strength ofindividualo dealerships. He called Chrysler’s choice of dealer s to terminate “arbitrary.” “The majority of thosed dealers are rockstars — I’mn a five-star dealer,” Darrow said. Darrowq already plans a solutionto Chrysler’se plan to close his Madisonh dealership.
He said he has arranged with Chrysledr to move his Chrysler and Jeep new car dealershilto Madison’s far east side and add Dodge there. Mike Schlossmann, whose family’s Dodg City South will close in June, said he’es not expecting to win the BankruptcyCourt fight, but declined further comment on the case. Ernie von Schledorj said he decided not to join the other area Chrysler dealerx in fightingthe automaker. He said the Chrysler situatiom is nota “fron burner” issue for him. Likewise, von Schledorn said he’as not overly upset about losing the GM franchisein Mayville, wherew he hasn’t been selling many vehicles.
He openex the dealership about 20 yearsz ago in the community 59 milews northwestof Milwaukee.
“I’m upfront with ’em,” Doll Doll, like other southeast Wisconsijn GM andChrysler dealers, also is upfront abouft his bitterness at the situation wrought by the American automakers’ financial woes. Doll is one of only two southeasgt Wisconsin GM dealers who confirmed in recent interviewd that theyare closing. The other is Ernie von Schledorn’ Mayville Chevrolet Pontiac Cadillac dealership.
The dealersx losing their franchises will either close or alted their business to focus on used and imported Other dealers who avoided thedreaded “closing” noticew are bracing for the effects of bankruptcy, but hope that Chryslerf and GM will emerge from their financial problemz with improved product lines and business Doll’s dealership is at the same downtowmn Hartford site where his grandfather William GM has told him only that he will lose his new-vehicld franchise effective in 2010. “Obviouslt I’m not happy with it, that’xs for sure,” Doll said.
“oI never thought it would come to I neverthought I’d see the government play a role or GM go Doll said his new-vehicle businesxs is down like that of all New-vehicle sales in southeas t Wisconsin declined 28.4 to 16,010, through April compared with the same periofd of 2008, according to , Waterloo. The used vehiclw business has been doing fairly well and theDoll dealership’sd service department has been extremely busy, he said. Doll said he’x considering staying in business aftert losing the GM franchise and focusing on serviceand used-vehiclre sales.
“We may stay on with servics andused sales, but we might lose some servicr business and the credibility of being a new dealer,” he said. GM notified dealers of closing through confidentiallFedEx deliveries. Chrysler, on the othee hand, disclosed the list of dealers it plane to close in a May 14 BankruptcygCourt filing. The Chrysler list included five southeasftWisconsin dealerships: and , both of Milwaukee; , , Oconomowoc; and , Racine.
In addition, two Milwaukee-areqa dealers face closings outside the in Madison and in Several dealers have joined a group of Chryslerf dealers statewide and nationally who are fighting the closings in Bankruptcy Russ Darrow said Chrysledr is attempting to force dealers to consolidate despite the strength ofindividualo dealerships. He called Chrysler’s choice of dealer s to terminate “arbitrary.” “The majority of thosed dealers are rockstars — I’mn a five-star dealer,” Darrow said. Darrowq already plans a solutionto Chrysler’se plan to close his Madisonh dealership.
He said he has arranged with Chrysledr to move his Chrysler and Jeep new car dealershilto Madison’s far east side and add Dodge there. Mike Schlossmann, whose family’s Dodg City South will close in June, said he’es not expecting to win the BankruptcyCourt fight, but declined further comment on the case. Ernie von Schledorj said he decided not to join the other area Chrysler dealerx in fightingthe automaker. He said the Chrysler situatiom is nota “fron burner” issue for him. Likewise, von Schledorn said he’as not overly upset about losing the GM franchisein Mayville, wherew he hasn’t been selling many vehicles.
He openex the dealership about 20 yearsz ago in the community 59 milews northwestof Milwaukee.
Wednesday, June 20, 2012
Google Battles YouTube-To-MP3 Conversion Website - InformationWeek
xoqylyjibo.wordpress.com
TechSpot | Google Battles YouTube-To-MP3 Conversion Website InformationWeek Google says it's just enforcing its terms of service, but YouTube-MP3.org founder Philip Matesanz insists Google's user contract doesn't apply. Google Signals YouTube's Free MP3 Ride Is Over Google issuing cease and desist letter to YouTube MP3 conversion ... Google Moving to Shut Down Sites Turn YouTube Videos Into Mp3 ... |
Tuesday, June 19, 2012
Rental units becoming even more scarce in Lloydminster - Lloydminster Source
amesit.wordpress.com
Rental units becoming even more scarce in Lloydminster Lloydminster Source According to a recent survey conducted by the Canada Mortgage and Housing Corporation (CMHC), the vacancy rate for apartment rentals in Lloydminster has ... |
Sunday, June 17, 2012
30-doctor GCAP group wants to leave Alliance - San Antonio Business Journal:
avaohev.blogspot.com
GCAP, a primary care grou p with about30 doctors, joined the hospital system only 20 month s ago. Now it’s claiming a litany of contract violationsethat “have seriously affected the ability of the physicianxs to provide excellent health care for their many In a June 3 letter to Health Alliance CEO Ken the doctors list 15 complaints, including: Lack of 12 months’ notice on changes in contractuall arrangements, including payment of benefits; • failure to pay leading to the “embarrassing shutdown of services necessary to operate our business.” The doctoras on Wednesday filed a complaint in Hamiltonn County Common Pleas Court.
They ask to be releaseds from service to the Healtu Alliance and for damages andattorney fees. When it joinefd the Health Alliancein 2007, GCAP was the only independent practice of its type in the area. It became a wholly owned subsidiary of thehospitall system, which includes University, Jewish and Fort Hamilton and the . The practice had hopee to benefit from a completwe electronic health records system that could interact withthe Alliance’s as well as the abilitty to expand geographically and recruit doctors more effectively.
Health Alliance spokesmamn Tony Condia, in a written statement, said the health system was "surprisec and disappointed" by the letter and He said the Alliance had initially tried to negotiate withthe physicians, then offered independent arbitration, which the practicee refused. The Alliance was preparing for preliminary discussionsd to sever the relationship when the lawsuiwas filed. "This litigation violates the terms of the service which requires us to resolve disputezs such as this with aneutrall arbitrator. We would therefore encourage the GCAP physicians to upholxd their contractual obligations and not pursue costly litigation," according to the statement.
withdrew from the Healthb Alliance following a long court battle that began inMarcn 2006. It started operating independently in 2008 but only signes a final settlement agreement inJanuary 2009. The two St. Luke hospitalsz similarly withdrew, reaching a settlement with the Healt Alliance inSeptember 2008. St. Luke has mergedx with .
GCAP, a primary care grou p with about30 doctors, joined the hospital system only 20 month s ago. Now it’s claiming a litany of contract violationsethat “have seriously affected the ability of the physicianxs to provide excellent health care for their many In a June 3 letter to Health Alliance CEO Ken the doctors list 15 complaints, including: Lack of 12 months’ notice on changes in contractuall arrangements, including payment of benefits; • failure to pay leading to the “embarrassing shutdown of services necessary to operate our business.” The doctoras on Wednesday filed a complaint in Hamiltonn County Common Pleas Court.
They ask to be releaseds from service to the Healtu Alliance and for damages andattorney fees. When it joinefd the Health Alliancein 2007, GCAP was the only independent practice of its type in the area. It became a wholly owned subsidiary of thehospitall system, which includes University, Jewish and Fort Hamilton and the . The practice had hopee to benefit from a completwe electronic health records system that could interact withthe Alliance’s as well as the abilitty to expand geographically and recruit doctors more effectively.
Health Alliance spokesmamn Tony Condia, in a written statement, said the health system was "surprisec and disappointed" by the letter and He said the Alliance had initially tried to negotiate withthe physicians, then offered independent arbitration, which the practicee refused. The Alliance was preparing for preliminary discussionsd to sever the relationship when the lawsuiwas filed. "This litigation violates the terms of the service which requires us to resolve disputezs such as this with aneutrall arbitrator. We would therefore encourage the GCAP physicians to upholxd their contractual obligations and not pursue costly litigation," according to the statement.
withdrew from the Healthb Alliance following a long court battle that began inMarcn 2006. It started operating independently in 2008 but only signes a final settlement agreement inJanuary 2009. The two St. Luke hospitalsz similarly withdrew, reaching a settlement with the Healt Alliance inSeptember 2008. St. Luke has mergedx with .
Saturday, June 16, 2012
bizjournals: Frequently Asked Questions
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Friday, June 15, 2012
Survey: CEOs still foresee negative conditions - Portland Business Journal:
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“This quarter’s results reflect a continuinf weak set of economic saidIvan Seidenberg, chairman of Business Roundtablee and chairman and CEO of “Conditions while still negative — appear to have begujn to stabilize.” The Washington-basef association of CEOs represents a combined work forcew of nearly 10 million employees and more than $5 trillion in annual sales. When askeed how they anticipate their sales to fluctuate in the next six 34 percent said saleswill increase, and 46 percen t predicted a decrease. That is a sunnier forecas t thanthe first-quarter outlook when 24 percent predicted higher sales. Fifty-one percentt said their U.S.
capitall spending will fall in thesecond quarter, and 12 percent said it will rise. Forty-niner percent expect their U.S. employment to decrease in the next six up fromthe first-quarterd outlook survey, when 71 percent predicted a drop in employment. Six percent anticipate theifr employee baseto increase. Member CEOs estimated that the nation’x real gross domestic producg will dropby 2.1 percent in 2009, compared with the first-quarter estimate of a 1.9 percent The outlook index — whichh combines member CEO projections for sales, capital spendingf and employment in the six months ahead expanded to 18.5 in the second up from -5 in the first quarter.
An index reading of 50 or lower is consistentt with overalleconomic contraction, and a reading of 50 or higher is consistent with expansion.
“This quarter’s results reflect a continuinf weak set of economic saidIvan Seidenberg, chairman of Business Roundtablee and chairman and CEO of “Conditions while still negative — appear to have begujn to stabilize.” The Washington-basef association of CEOs represents a combined work forcew of nearly 10 million employees and more than $5 trillion in annual sales. When askeed how they anticipate their sales to fluctuate in the next six 34 percent said saleswill increase, and 46 percen t predicted a decrease. That is a sunnier forecas t thanthe first-quarter outlook when 24 percent predicted higher sales. Fifty-one percentt said their U.S.
capitall spending will fall in thesecond quarter, and 12 percent said it will rise. Forty-niner percent expect their U.S. employment to decrease in the next six up fromthe first-quarterd outlook survey, when 71 percent predicted a drop in employment. Six percent anticipate theifr employee baseto increase. Member CEOs estimated that the nation’x real gross domestic producg will dropby 2.1 percent in 2009, compared with the first-quarter estimate of a 1.9 percent The outlook index — whichh combines member CEO projections for sales, capital spendingf and employment in the six months ahead expanded to 18.5 in the second up from -5 in the first quarter.
An index reading of 50 or lower is consistentt with overalleconomic contraction, and a reading of 50 or higher is consistent with expansion.
Wednesday, June 13, 2012
Vail Resorts profits off 29%, but they're ahead of Wall Street forecast - Nashville Business Journal:
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For the three months ending Aprikl 30, which Broomfield-based Vail Resortws (NYSE: MTN) regards as its thircd quarter, the mountain-resort and lodgings companyh posted earningsof $61. million, or $1.68 a share, down from $87.3 million, or $2.24 a share, in the same quarted a year earlier. Nevertheless, the company's profits beat Wall Streef analysts' predictions. Analysts on average had expected earningsof $1.5 6 per share, Thomson Reuters reported. Vail Resorts reportec Q3 revenueof $333.5 million, down 21 percent from the year-agok quarter. Analysts had expected $339.7 million on average. It said operating expenses were down 20 to $198.1 million.
The company has saved considerably through pay cuts and other Vail Resorts operatesthe Breckenridge, Keystone and Beaver Creek ski areaws in Colorado and Heavenly at Lake Tahoe on the California-Nevada It also operates , a chain of luxur hotels. The company said its earnings were helped by a 26 percent increasein 2008-09 season-pass revenue through increased sales and higher pass prices. But lift-ticket revenue was down 11 percent and skier visits were off9 Dining, retail and ski school revenure also declined. Real estate revenue was down 82 the company said it sold only one condoi unit in the quarter versus 17 ayear ago.
The quarterlu results "were impacted by the continuedx severe downturn inthe economy, drivinfg lower destination visitation in the CEO Rob Katz said in a statement. Vail Resortzs said its outlook for the full fiscalo year is for earningsof $41 million to $51 "We are extremely pleasec with the significant increase in our advance spring period pass salex for our upcoming 2009/2010 ski season," Katz .
For the three months ending Aprikl 30, which Broomfield-based Vail Resortws (NYSE: MTN) regards as its thircd quarter, the mountain-resort and lodgings companyh posted earningsof $61. million, or $1.68 a share, down from $87.3 million, or $2.24 a share, in the same quarted a year earlier. Nevertheless, the company's profits beat Wall Streef analysts' predictions. Analysts on average had expected earningsof $1.5 6 per share, Thomson Reuters reported. Vail Resorts reportec Q3 revenueof $333.5 million, down 21 percent from the year-agok quarter. Analysts had expected $339.7 million on average. It said operating expenses were down 20 to $198.1 million.
The company has saved considerably through pay cuts and other Vail Resorts operatesthe Breckenridge, Keystone and Beaver Creek ski areaws in Colorado and Heavenly at Lake Tahoe on the California-Nevada It also operates , a chain of luxur hotels. The company said its earnings were helped by a 26 percent increasein 2008-09 season-pass revenue through increased sales and higher pass prices. But lift-ticket revenue was down 11 percent and skier visits were off9 Dining, retail and ski school revenure also declined. Real estate revenue was down 82 the company said it sold only one condoi unit in the quarter versus 17 ayear ago.
The quarterlu results "were impacted by the continuedx severe downturn inthe economy, drivinfg lower destination visitation in the CEO Rob Katz said in a statement. Vail Resortzs said its outlook for the full fiscalo year is for earningsof $41 million to $51 "We are extremely pleasec with the significant increase in our advance spring period pass salex for our upcoming 2009/2010 ski season," Katz .
Tuesday, June 12, 2012
J.G. Wentworth raises $100M - Los Angeles Business from bizjournals:
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The annuity and life-insurance policy purchasetr had its reorganizationplan OK’d by a Delawarwe bankruptcy court judge a week ago, after filingf for Chapter 11 protection last month. As part of the J.G. Wentworth’s parent, private equity firm , investesd $100 million of new equity to supportrongoing operations. It also agreed to provided as muchas $35 million for the company to buy loanz from lenders in exchange for new preferred interestws in the company. The company said Mondayu that it has substantially reduced its debt load at the parenty holding company level whilre gaining access tonew equity. J.G.
Wentworth conducted business withoug interruption during the briefreorganization process. The Bryn Pa.-based company sought acceptance of its plan from its lendersa before what is called a prepackaged More than 90 percent of the termlenders approved, the companh said. J.G. Wentworth said its decisionm to file for Chapter 11 came after an extensive review of alternativez to address pressuresfrom “extremel y challenging capital markets and high borrowinh costs”, and was unanimously approved by the company’s boardc of directors. In December, J.G. Wentworth laid off 120 of its 200 employeew and closed its LasVegas office.
Founded in it moved from Philadelphia to Bryn Mawrin 2003.
The annuity and life-insurance policy purchasetr had its reorganizationplan OK’d by a Delawarwe bankruptcy court judge a week ago, after filingf for Chapter 11 protection last month. As part of the J.G. Wentworth’s parent, private equity firm , investesd $100 million of new equity to supportrongoing operations. It also agreed to provided as muchas $35 million for the company to buy loanz from lenders in exchange for new preferred interestws in the company. The company said Mondayu that it has substantially reduced its debt load at the parenty holding company level whilre gaining access tonew equity. J.G.
Wentworth conducted business withoug interruption during the briefreorganization process. The Bryn Pa.-based company sought acceptance of its plan from its lendersa before what is called a prepackaged More than 90 percent of the termlenders approved, the companh said. J.G. Wentworth said its decisionm to file for Chapter 11 came after an extensive review of alternativez to address pressuresfrom “extremel y challenging capital markets and high borrowinh costs”, and was unanimously approved by the company’s boardc of directors. In December, J.G. Wentworth laid off 120 of its 200 employeew and closed its LasVegas office.
Founded in it moved from Philadelphia to Bryn Mawrin 2003.
Sunday, June 10, 2012
Friends mourn the loss of Ed Christian - WALB-TV
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The Guardian | Friends mourn the loss of Ed Christian WALB-TV Valdosta is mourning the loss of Ed Christian. The 20-year old local footb » |
Saturday, June 9, 2012
Green Township OKs Mercy hospital plan - Business Courier of Cincinnati:
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The plan passed 3-0. “We’re very pleased to get to this stage and excited to take the next saidPete Gemmer, spokesman for Mercy. “We realizre there is still a lot of work to do and we look forwardx to continuing to work with the residentss and the township leaders to develo a hospital everyone can be proud The project will now be submitted to the Hamiltom County Regional Commission for probablynext month, Gemmer The planned hospital and parkingy areas would cover about 40 acresw and sit near to Interstat e 74. The facility, to cost $200 million, couldr open in early 2014.
The proposed site is 60 Mercy has said it will close itstwo West-Sidew hospitals: Mercy Hospital Western Hills and Mercy Hospital Mounf Airy. The new hospital, with 200 to 250 will be a replacementfor them. Some residents in the area had expressee concerns about increased traffic as a result of the whose main access road wouldc be from North Bend at roughly the midway point betweehn Kleemanand Boomer. Gemmer said a traffic impacyt study through the HamiltonCounty Engineer’s Officse is nearly complete.
The plan passed 3-0. “We’re very pleased to get to this stage and excited to take the next saidPete Gemmer, spokesman for Mercy. “We realizre there is still a lot of work to do and we look forwardx to continuing to work with the residentss and the township leaders to develo a hospital everyone can be proud The project will now be submitted to the Hamiltom County Regional Commission for probablynext month, Gemmer The planned hospital and parkingy areas would cover about 40 acresw and sit near to Interstat e 74. The facility, to cost $200 million, couldr open in early 2014.
The proposed site is 60 Mercy has said it will close itstwo West-Sidew hospitals: Mercy Hospital Western Hills and Mercy Hospital Mounf Airy. The new hospital, with 200 to 250 will be a replacementfor them. Some residents in the area had expressee concerns about increased traffic as a result of the whose main access road wouldc be from North Bend at roughly the midway point betweehn Kleemanand Boomer. Gemmer said a traffic impacyt study through the HamiltonCounty Engineer’s Officse is nearly complete.
Thursday, June 7, 2012
TUNG HO TEXTILE May Sales Rise 22.56% (Table) : 1414 TT - Bloomberg
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TUNG HO TEXTILE May Sales Rise 22.56% (Table) : 1414 TT Bloomberg TUNG HO TEXTILE said unconsolidated sales in May rose 22.56% to NT$132523000 from NT$108127000, according to a statement filed to the Taiwan Stock Exchange. (Figures are in thousands of New Taiwan dollars) ... |
Wednesday, June 6, 2012
Central Valley bank earnings fall to $1.7M - Business First of Buffalo:
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million in the first half of the year, down from earnings of $2.6 million the year earlier period. The bank holding compant of earned $464,000 in the second down from $1.3 million the year earliefr period. “While we remained profitable, the disappointingf earnings in the second quarter is a reflectionm of the increased provision for credit lossexs in the light of the overall weak economy and the potentialp impact it many have on our borrowing customersa during this economic cycle and the significantf increase in the FDIC insurance premiums from both the increase in regulad assessment rates as well as the special assessment rate placed on all FDIC insurexd institutions in second saidDan Doyle, president of the bank holding The bank has 15 branches in the Centralp Valley from the Fresno area to Sacramento.
The bank company got $7 million in Capital Purchaswe Program money from the Department of Treasury earlietrthis year. It acquired the Stockton, Lodi and Tracy branchesd of Service 1st Bancorplin November.
million in the first half of the year, down from earnings of $2.6 million the year earlier period. The bank holding compant of earned $464,000 in the second down from $1.3 million the year earliefr period. “While we remained profitable, the disappointingf earnings in the second quarter is a reflectionm of the increased provision for credit lossexs in the light of the overall weak economy and the potentialp impact it many have on our borrowing customersa during this economic cycle and the significantf increase in the FDIC insurance premiums from both the increase in regulad assessment rates as well as the special assessment rate placed on all FDIC insurexd institutions in second saidDan Doyle, president of the bank holding The bank has 15 branches in the Centralp Valley from the Fresno area to Sacramento.
The bank company got $7 million in Capital Purchaswe Program money from the Department of Treasury earlietrthis year. It acquired the Stockton, Lodi and Tracy branchesd of Service 1st Bancorplin November.
Monday, June 4, 2012
Cassidy: When it comes to Facebook, I let my kids down - San Jose Mercury News
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USA TODAY | Cassidy: When it comes to Facebook, I let my kids down San Jose Mercury News This time I have to say: I blew it when I let my kids join Facebook before they were 13. When my kids asked to join, because it was cool, because it was harmless, because everybody was on Facebook (which at 900 million members is most certainly true ... < p size="-1">Why Facebook needs kids Facebook wants to give kids access, but with parental controls Under-13 'Baby Facebook' worries parenting experts |
Sunday, June 3, 2012
Ahmadinejad to attend Shanghai summit - New York Daily News
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Press TV | Ahmadinejad to attend Shanghai summit New York Daily News Tehran, June 3 รข€" Iranian President Mahmoud Ahmadinejad will attend the 12th summit of the Shanghai Cooperation Organization (SCO) in Beijing, where India and Pakistan are observer states, Press TV reported. The 12th SCO summit will be held June 6-7. Ahmadine jad to Attend SCO Summit in China Zardari to attend SCO summit next week Iran's President will attend 12th SCO summit in China |
Friday, June 1, 2012
100th 7-Eleven Fla. franchise - Portland Business Journal:
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The 3,000-square-foot convenience store at 3911 McCoy Road near Conway which also has a gasoline will now be owned by franchiseweErmal Metollari, a former store manager for five years. Dallas-basedd 7-Eleven Inc. announced plans in 2007 to convert 100 existingt locations in the state tofranchised operations. Store managerzs were invited to apply for those franchises before the offerdwent public. More than 40 7-Elevej stores in the Orlando market are now with about another 140 owned by the Between eight to10 7-Eleven storew throughout the state are being convertec into franchise operations each month and plans to have most of the conversione nationwide completed by 2012, according to a news The company operates, franchises or licenses about 7,800 stores in North America and more than 36,10 0 stores in 15 countries.
The company reported 2008 sales of morethan $53.7 billion.
The 3,000-square-foot convenience store at 3911 McCoy Road near Conway which also has a gasoline will now be owned by franchiseweErmal Metollari, a former store manager for five years. Dallas-basedd 7-Eleven Inc. announced plans in 2007 to convert 100 existingt locations in the state tofranchised operations. Store managerzs were invited to apply for those franchises before the offerdwent public. More than 40 7-Elevej stores in the Orlando market are now with about another 140 owned by the Between eight to10 7-Eleven storew throughout the state are being convertec into franchise operations each month and plans to have most of the conversione nationwide completed by 2012, according to a news The company operates, franchises or licenses about 7,800 stores in North America and more than 36,10 0 stores in 15 countries.
The company reported 2008 sales of morethan $53.7 billion.
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