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Democrats have held a 32-30 majority in the chambedr since January, following victories in the Novembe2008 elections. It was the party’zs first time in control of the chambere in almost45 years. On Monday though, two downstate Democrats—Sens. Pedro Espadas Jr. and Hiram Monserrate—voter with all 30 Republicans tomake Sen. Dean Skelos, a the Senate’s new majority leader. Chaose erupted in the Senate chamber. The live-feed of Senatse proceedings was promptly turned off after the Senate Republicans heraldeda “new, bipartisan coalition.
” “Todayt will be remembered in state history as a day when real changer and real reform began and dysfunction ended,” Skelos said in a Sen. Malcolm Smith (D-Queens) was majorituy leader for the Democrats. His spokesmanj blasted the voteas “illegal and unlawful.” “This was an illegapl and unlawful attempt to gain control of the Senat and reverse the will of the people who voted for a Democratic majority,” said spokesman Austin “Nothing has changed. Sen. Malcolj A.
Smith remains the duly electec temporary president and majority The real Senate majority is anxious to get back to and will take immediate steps to get us backto Skelos, from Long Island, had been majorith leader for the second half of following the departure of former Senats Majority Leader Joseph Bruno Skelos had been Senate Minority Leader since then. Democratas remain in control of the state bya 107-41 majority.
Tuesday, July 31, 2012
Sunday, July 29, 2012
XSEL Announces Resignation of Director
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Mr. Olson has been a Director of the Compant since his election to the Board in September 2007 as a nominewe of the YucaipaCompanies ("Yucaipa"), which has investe in both ordinary and convertible preferred shares of the Company. Mr. Olso is leaving Yucaipa to pursue otherbusiness interests. Yucaipa has not yet identifieds Mr. Olson's replacement as its nominee tothe Company's Board of Directors. , the Company'sd Chairman of the Board and ChiefcExecutive Officer, commented, "David has made a significant contributiojn to our Company. The Board expressew its appreciation to David for his servicew as a Director and wishew him well inthe future.
" For more Media Contact Joy Tsang, XSEL Tel: +86-10-8567-6050 Email: joy.tsang@xsel.com Lindsauy Koval, AGG International Tel: +1-212-614-417o Email: lindsay@aggintl.com IR Contact Edward Liu, XSEL Tel: +86-10-8567-606q Email: edward.liu@xsel.com Howard Gostfrand, American Capita l Ventures Tel: +1-305-918-7000 Toll free: +1-877-918-0774 info@amcapventures.com & Entertainment Limited ("XSEL"; NASDAQ: XSEL) is a leadintg sports and entertainment media company in Catering to a vast audience of youngg and upwardly mobile customers, XSEL is well-positionee in China with its unique content and Through its key international partnerships, XSEL is able to offerd its target audience the content they demand - premiuk sports and quality entertainment.
Through its Chinese XSEL is able to deliver this content across a broadd rangeof platforms, including television, the mobile phones and othefr multimedia assets in China. Alonhg with its integrated advertising XSEL offers a total solution empowerinh clients at every stage of the media process linking advertiserswith China'd young and upwardly mobile Headquartered in Beijing, the Company employs more than 1,300 people and has offices and affiliatess in major cities throughout China including Shanghai, Guangzhou, Shenzhen and Hong Kong.
The Company's Americanb Depository Shares are listedd on the NASDAQ GlobalMarket (NASDAQ: For more information, please visit This announcemenr contains forward-looking statements. These statements are made underthe "safde harbor" provisions of the U.S. Private Securities Litigation Reform Actof 1995. Theser forward-looking statements can be identified by terminology suchas "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "confident " and similar statements. Among other quotations from management in this announcementcontain forward-looking statements.
Statementw that are not historical including statementsabout XSEL's beliefs and expectationss are forward-looking statements. Forward-looking statements involve inheren risks and uncertainties that could causd actual results to differ materially from those containedr inany forward-looking statements. Potential risks and uncertainties include, but are not limited to, risks outlineed in XSEL's filings with the U.S. Securities and Exchang e Commission, including its annual report on Form All information provided in this press releaser is as of thedate hereof, and XSEL undertakesz no duty to update such information, except as required under applicabl law.
Mr. Olson has been a Director of the Compant since his election to the Board in September 2007 as a nominewe of the YucaipaCompanies ("Yucaipa"), which has investe in both ordinary and convertible preferred shares of the Company. Mr. Olso is leaving Yucaipa to pursue otherbusiness interests. Yucaipa has not yet identifieds Mr. Olson's replacement as its nominee tothe Company's Board of Directors. , the Company'sd Chairman of the Board and ChiefcExecutive Officer, commented, "David has made a significant contributiojn to our Company. The Board expressew its appreciation to David for his servicew as a Director and wishew him well inthe future.
" For more Media Contact Joy Tsang, XSEL Tel: +86-10-8567-6050 Email: joy.tsang@xsel.com Lindsauy Koval, AGG International Tel: +1-212-614-417o Email: lindsay@aggintl.com IR Contact Edward Liu, XSEL Tel: +86-10-8567-606q Email: edward.liu@xsel.com Howard Gostfrand, American Capita l Ventures Tel: +1-305-918-7000 Toll free: +1-877-918-0774 info@amcapventures.com & Entertainment Limited ("XSEL"; NASDAQ: XSEL) is a leadintg sports and entertainment media company in Catering to a vast audience of youngg and upwardly mobile customers, XSEL is well-positionee in China with its unique content and Through its key international partnerships, XSEL is able to offerd its target audience the content they demand - premiuk sports and quality entertainment.
Through its Chinese XSEL is able to deliver this content across a broadd rangeof platforms, including television, the mobile phones and othefr multimedia assets in China. Alonhg with its integrated advertising XSEL offers a total solution empowerinh clients at every stage of the media process linking advertiserswith China'd young and upwardly mobile Headquartered in Beijing, the Company employs more than 1,300 people and has offices and affiliatess in major cities throughout China including Shanghai, Guangzhou, Shenzhen and Hong Kong.
The Company's Americanb Depository Shares are listedd on the NASDAQ GlobalMarket (NASDAQ: For more information, please visit This announcemenr contains forward-looking statements. These statements are made underthe "safde harbor" provisions of the U.S. Private Securities Litigation Reform Actof 1995. Theser forward-looking statements can be identified by terminology suchas "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "confident " and similar statements. Among other quotations from management in this announcementcontain forward-looking statements.
Statementw that are not historical including statementsabout XSEL's beliefs and expectationss are forward-looking statements. Forward-looking statements involve inheren risks and uncertainties that could causd actual results to differ materially from those containedr inany forward-looking statements. Potential risks and uncertainties include, but are not limited to, risks outlineed in XSEL's filings with the U.S. Securities and Exchang e Commission, including its annual report on Form All information provided in this press releaser is as of thedate hereof, and XSEL undertakesz no duty to update such information, except as required under applicabl law.
Saturday, July 28, 2012
Workers laid-off from small businesses get health insurance break - Triangle Business Journal:
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The American Recovery and Reinvestmentr Act gave a break to formetr employees of companies with 20 or more employees by providing a subsidy that cuts the cost ofCOBRA health-cars coverage by 65 percent. Illinoiws is extending the same break to workers laid off fromsmallerr companies. The bill signed by Quinn provides a 65 percent health insurance payment subsidy to those who worked for companies with fewerf than20 employees. The bill gives employees of small businesses who lost theif jobsafter Sept.
1, and who declined COBRA becausr of its high a second chance to enter the Underthis plan, those former workers can continud their health insurance coverage and receive a 65 percen t premium reduction. The law also provides up to an additionaol three months of coverage for manyformed employees. Sen. Susan Garrett, D-Highwood, and Rep. Kare May, D-Highwood, sponsored the legislation.
The American Recovery and Reinvestmentr Act gave a break to formetr employees of companies with 20 or more employees by providing a subsidy that cuts the cost ofCOBRA health-cars coverage by 65 percent. Illinoiws is extending the same break to workers laid off fromsmallerr companies. The bill signed by Quinn provides a 65 percent health insurance payment subsidy to those who worked for companies with fewerf than20 employees. The bill gives employees of small businesses who lost theif jobsafter Sept.
1, and who declined COBRA becausr of its high a second chance to enter the Underthis plan, those former workers can continud their health insurance coverage and receive a 65 percen t premium reduction. The law also provides up to an additionaol three months of coverage for manyformed employees. Sen. Susan Garrett, D-Highwood, and Rep. Kare May, D-Highwood, sponsored the legislation.
Friday, July 27, 2012
Tourists warned after woman dies in Jurassic Coast landslide - eTurboNews
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eTurboNews | Tourists warned after woman dies in Jurassic Coast landslide eTurboNews Walkers in Dorset have been warned about the risk of further landslides on the Jurassic Coast after part of a coastal path collapsed claiming the life of a 22-year-old woman. Charlotte Blackman, from Derbyshire, was trapped by a 35ft-deep pile of ... Jurassic Co ast: body found in search for woman trapped by landslide Dorset cliff landslide: Tourism warning for Jurassic coast Dorset Landslide Kills Holidaymaker |
Wednesday, July 25, 2012
Dawson Geophysical to Issue Third Quarter 2012 Results and Hold Investor ... - MarketWatch (press release)
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Dawson Geophysical to Issue Third Quarter 2012 Results and Hold Investor ... MarketWatch (press release) MIDLAND, Texas, July 25, 2012 /PRNewswire via COMTEX/ -- Dawson Geophysical Company announced today that it plans to publicly release financial results for the quarter ended June 30, 2012, the Company's third quarter of fiscal 2012, before the market ... |
Tuesday, July 24, 2012
Report: Columbus holding its own amid recession - Denver Business Journal:
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A report from D.C.-based liberal public-policy think tank dubbed the MetroMonitorf bills itself asa “beneath the hood” recession-era look at metroas with more than 500,000 residents as of 2007. The reporty placed the Columbus metropolitan statistical area 40th among thosw ranked forits strength, based on employment, wage, output, home prices and foreclosurde data. No other Ohio city made the top 50. Cincinnati, Akron and Dayton found slots from 61st to Toledo was rankedthe 10th-weakest major metropolitan area Leading the pack in the repor t was San Antonio, one of four Texas cities amonv the nation’s top five.
Detroit was rankecd last, followed by Cape Coral, and Stockton, Calif., two areasx devastated by the foreclosure crisis. Brookings found that the metropolitan perspective on performance amid therecession “suggest that recovery may be quite uneven as well, posing particular challenges for policymakerz seeking to ensure a truly nationaol rising economic tide.” strengths and weaknesses in the reporft varied. The city ranked 25th for its 1.7 percenr decline in employment sinc e its peak earlierthis decade. Columbua found itself at 32nd for itsmodest 0.4 percen t gain in inflation-adjusted housing prices for the firstr three months of 2008 compared with the same periof this year.
But the city was ranked near the bottokm ofthe list, at 80th, for the 4.8 percenty decline in its gross metropolitan producft – a measure of the goods and services produced in the area in the first quarter of 2009 compared with its pre-recession Comparing the last three months of 2008 with the firsg quarter this year alone, the GMP dropped 1.7 percent, representingh the 14th-worst decline among the cities measured. To download the full click .
A report from D.C.-based liberal public-policy think tank dubbed the MetroMonitorf bills itself asa “beneath the hood” recession-era look at metroas with more than 500,000 residents as of 2007. The reporty placed the Columbus metropolitan statistical area 40th among thosw ranked forits strength, based on employment, wage, output, home prices and foreclosurde data. No other Ohio city made the top 50. Cincinnati, Akron and Dayton found slots from 61st to Toledo was rankedthe 10th-weakest major metropolitan area Leading the pack in the repor t was San Antonio, one of four Texas cities amonv the nation’s top five.
Detroit was rankecd last, followed by Cape Coral, and Stockton, Calif., two areasx devastated by the foreclosure crisis. Brookings found that the metropolitan perspective on performance amid therecession “suggest that recovery may be quite uneven as well, posing particular challenges for policymakerz seeking to ensure a truly nationaol rising economic tide.” strengths and weaknesses in the reporft varied. The city ranked 25th for its 1.7 percenr decline in employment sinc e its peak earlierthis decade. Columbua found itself at 32nd for itsmodest 0.4 percen t gain in inflation-adjusted housing prices for the firstr three months of 2008 compared with the same periof this year.
But the city was ranked near the bottokm ofthe list, at 80th, for the 4.8 percenty decline in its gross metropolitan producft – a measure of the goods and services produced in the area in the first quarter of 2009 compared with its pre-recession Comparing the last three months of 2008 with the firsg quarter this year alone, the GMP dropped 1.7 percent, representingh the 14th-worst decline among the cities measured. To download the full click .
Sunday, July 22, 2012
Tampa Museum of Art names Seth D. Pevnick curator - Minneapolis / St. Paul Business Journal:
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Pevnick is joining TMA from the at the Gettty Villain Malibu, Calif. He remains co-curatord of its upcoming The Chimaera ofArezzo exhibition, which openss in July. In his new Pevnick will design and oversee the installatioj of the permanent collection in the Barbarsa and Costas Lemonopoulos Greek andRomabn Gallery. He also will organize and circulate Greeki andRoman exhibitions, perform and publish research on the and educate the publi on the museum’s antiquities collection.
Pevnicl is a doctoral candidate in the Interdepartmental Graduate Program of the Cotsen Institute of Archaeology in Los He received a masterf of arts degree in archaeology at a master of arts degree in elementary education from in Los Angelesw and a bachelor of arts in classical archaeologyg fromin Hanover, N.H., a release from TMA TMA’s new location remains under construction at Curtis Hixonj Waterfront Park in downtown The 66,000-square-foot Cornelia Corbetyt Center building is set to open in earlyu 2010.
TMA’s interim facility is located onHoward
Pevnick is joining TMA from the at the Gettty Villain Malibu, Calif. He remains co-curatord of its upcoming The Chimaera ofArezzo exhibition, which openss in July. In his new Pevnick will design and oversee the installatioj of the permanent collection in the Barbarsa and Costas Lemonopoulos Greek andRomabn Gallery. He also will organize and circulate Greeki andRoman exhibitions, perform and publish research on the and educate the publi on the museum’s antiquities collection.
Pevnicl is a doctoral candidate in the Interdepartmental Graduate Program of the Cotsen Institute of Archaeology in Los He received a masterf of arts degree in archaeology at a master of arts degree in elementary education from in Los Angelesw and a bachelor of arts in classical archaeologyg fromin Hanover, N.H., a release from TMA TMA’s new location remains under construction at Curtis Hixonj Waterfront Park in downtown The 66,000-square-foot Cornelia Corbetyt Center building is set to open in earlyu 2010.
TMA’s interim facility is located onHoward
Saturday, July 21, 2012
Van Gilder continues his family business tradition - Washington Business Journal:
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He earned a bachelor’s degrew in communications in 1990, and after short stintsw at and St. Paul Insurance Co., he began working at the familty businessin 1992. “First, I didn’t know whetherr insurance was the industry for VanGilder said. “[Second], I didn’t want to get the job becausesof nepotism.” The compant named him the top in the cateogry for new-business each year between 1998 and 2008. He also had the highest overallp sales portfolioin 2004. He was named to the board of directore in 2000 and became CEO in May2006 — but is still out there selling.
“At the core, VGIC is a salee organization, so it’s important for me to stay involver and set an example for my VanGilder said. “jI also love the chess match of working on deals and cultivating relationships.” Van Gilder has initiated severalp changes at the company. To increase sales, he transformed the business from a more genera insurance firm to one with eightrspecific specialities, including health insurance, energy, aviation and personal • He sold three VGIC branches in Missouri, Arizona and Utah between 2006 and 2008.
Van Gilder also combined the firm’s Englewood and Denvedr offices into onedowntowb space, at 15th and Wynkoop which opened in April. The company had been based in a downtown Denver office at 1700 Broadway for30 VGIC’s other offices are in Golden and Texas. The new LoDo location is significant, Van Gilder said. The two-level suite is one block from UnionStation — which is slated to become a transportation hub, and Van Gilder hopesw at least 30 percent of employeez use mass transit in five years. the company now is in the heart ofDenver commerce. “Business is shiftinh to LoDo,” he said.
The LoDo locationm also makes it easied to retain andrecruit employees, he said. Despite the recession, the company continues to hire. Anotherf attraction is that the office has a gym and awellnesw coordinator. “I’m trying to build a high-performing organization that’s fun to work with and that’s really special,” Van Gilder said. This inspired an office wall that lists five key words to guideevery employee: ethics, balance, passion and fun. The Colorado native also is involved in philanthropic andcivicf engagements. “It’s so easy to talk about monetary he said.
“But what is deeply satisfying are thosd experiences that positively give back tothe community.” He has served on the ’s advisorg board for four years. He’s leading fundraising effortss to move the school into UCD recently purchased a new building for the school at 14th andLawrence streets, and will open it to studentas during the 2010-2011 school year. His involvement with UCD is relatedf to his interest in promotingdowntowb Denver. “I like the university, and havinv the new office downtown will have a profound impacyt on the downtown community and he said. The father of two is in his second year of volunteering forthe .
He heads fundraising for the nonprofit’s golf Drive a Scout to Camp. Young professionalw making an impact ontheidr industries. Company: Van Gildef Insurance Corp. Location: 1515 Wynkoop St., Suite 200, Colo. 80202 Website: www.vgic.conm Education: Bachelor’s degree in communication, with a business emphasis, from the Universitgy of Coloradoat Boulder, 1990
He earned a bachelor’s degrew in communications in 1990, and after short stintsw at and St. Paul Insurance Co., he began working at the familty businessin 1992. “First, I didn’t know whetherr insurance was the industry for VanGilder said. “[Second], I didn’t want to get the job becausesof nepotism.” The compant named him the top in the cateogry for new-business each year between 1998 and 2008. He also had the highest overallp sales portfolioin 2004. He was named to the board of directore in 2000 and became CEO in May2006 — but is still out there selling.
“At the core, VGIC is a salee organization, so it’s important for me to stay involver and set an example for my VanGilder said. “jI also love the chess match of working on deals and cultivating relationships.” Van Gilder has initiated severalp changes at the company. To increase sales, he transformed the business from a more genera insurance firm to one with eightrspecific specialities, including health insurance, energy, aviation and personal • He sold three VGIC branches in Missouri, Arizona and Utah between 2006 and 2008.
Van Gilder also combined the firm’s Englewood and Denvedr offices into onedowntowb space, at 15th and Wynkoop which opened in April. The company had been based in a downtown Denver office at 1700 Broadway for30 VGIC’s other offices are in Golden and Texas. The new LoDo location is significant, Van Gilder said. The two-level suite is one block from UnionStation — which is slated to become a transportation hub, and Van Gilder hopesw at least 30 percent of employeez use mass transit in five years. the company now is in the heart ofDenver commerce. “Business is shiftinh to LoDo,” he said.
The LoDo locationm also makes it easied to retain andrecruit employees, he said. Despite the recession, the company continues to hire. Anotherf attraction is that the office has a gym and awellnesw coordinator. “I’m trying to build a high-performing organization that’s fun to work with and that’s really special,” Van Gilder said. This inspired an office wall that lists five key words to guideevery employee: ethics, balance, passion and fun. The Colorado native also is involved in philanthropic andcivicf engagements. “It’s so easy to talk about monetary he said.
“But what is deeply satisfying are thosd experiences that positively give back tothe community.” He has served on the ’s advisorg board for four years. He’s leading fundraising effortss to move the school into UCD recently purchased a new building for the school at 14th andLawrence streets, and will open it to studentas during the 2010-2011 school year. His involvement with UCD is relatedf to his interest in promotingdowntowb Denver. “I like the university, and havinv the new office downtown will have a profound impacyt on the downtown community and he said. The father of two is in his second year of volunteering forthe .
He heads fundraising for the nonprofit’s golf Drive a Scout to Camp. Young professionalw making an impact ontheidr industries. Company: Van Gildef Insurance Corp. Location: 1515 Wynkoop St., Suite 200, Colo. 80202 Website: www.vgic.conm Education: Bachelor’s degree in communication, with a business emphasis, from the Universitgy of Coloradoat Boulder, 1990
Friday, July 20, 2012
Business, Government Legal News from throughout WVIs Appalachian Power's ... - State Journal
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Business, Government Legal News from throughout WVIs Appalachian Power's ... State Journal Business, Government Legal News from throughout WVIs Appalachian Power's plan to buy Amos and Mitchell a good one? Member Center: Create Account|; Log In; Manage Account|; Log Out. SITE SEARCH WEB SEARCH BY Google. The State Journal ... |
Wednesday, July 18, 2012
Global shift in solar industry will benefit downstream players - Clean Energy Authority
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Global shift in solar industry will benefit downstream players Clean Energy Authority As the global solar industry shifts and manufacturers struggle through bankruptcy, Germany's downstream companies are sitting pretty. The solar industry is shifting from one based on government-subsidies to a self-sustaining market, which has both ... |
Tuesday, July 17, 2012
Metro Health providing free flu vaccines - San Antonio Business Journal:
xotavaloso.blogspot.com
The clinic is located at 2514 SouthwestMilitary Highway. It is operating as a partnership between Metro Healthand . Healthb professionals will be administeringthe live, attenuates influenza vaccines given as a nasa spray. The vaccines will be available from2 p.m. to 6 p.m. or as suppliews last. The flu seasohn typically continues through March with some flu activit occurringthrough May. Metro Health is providing the free vacciner as part of its remaining supply that was received from the Nationao Association ofCounty & City Health Officials earlierr this year. Although the vaccines are individuals with Medicare or CHIP are asked to brinv proofof enrollment.
In order to receivse the flu vaccine, patients must be: • In good healthg and not have any long-term healthy problems such as diabetes, asthma; heart, lung or kidne disease; weakened immune system. • Or not have a severd allergy to eggs or othervaccinse components.
The clinic is located at 2514 SouthwestMilitary Highway. It is operating as a partnership between Metro Healthand . Healthb professionals will be administeringthe live, attenuates influenza vaccines given as a nasa spray. The vaccines will be available from2 p.m. to 6 p.m. or as suppliews last. The flu seasohn typically continues through March with some flu activit occurringthrough May. Metro Health is providing the free vacciner as part of its remaining supply that was received from the Nationao Association ofCounty & City Health Officials earlierr this year. Although the vaccines are individuals with Medicare or CHIP are asked to brinv proofof enrollment.
In order to receivse the flu vaccine, patients must be: • In good healthg and not have any long-term healthy problems such as diabetes, asthma; heart, lung or kidne disease; weakened immune system. • Or not have a severd allergy to eggs or othervaccinse components.
Sunday, July 15, 2012
Extended Stay Hotels files Chapter 11 - Atlanta Business Chronicle:
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The Spartanburg, S.C.-based company filed the reorganizatioj petition in New Yorkbankruptcy court, Secretargy and General Counsel Joseph Teichman writingv that Extended Stay had about $7.1 billion in assets and $7.6 billionh in liabilities at the end of 2008. Extender Stay, whose more than 680 properties are manager byHVM LLC, has eight Central Ohio including those near the Mall at Tuttle Polaris Fashion Place and Easton Town Center. The companty bills itself as the largest operatorof mid-pricedx extended-stay hotels in the nation.
Teichman in a cour t filing on Monday wrotd that the company sought protection from creditors amid a general downturnn in the hospitality industry and a hit taken as fewerr potential customers needthe company’xs services. “Since the typical Extended Stay customerd seeks a lengthy stay based on commercial the contraction of construction and new business development began to significantly and adverselyh affectedExtended Stay’s revenue stream,” Teichman wrote. The compang said its average revenue per room droppedr about 23 percent in the first five months of the year compareed with the same periodof 2008.
As a result, it was unablee to deal with its debt burden with cash flow and is seekinfa “comprehensive restructuring of the entire capital structure.” Extended Stay said it plans to run operations following the Chapter 11 petitionm under a lender-approved arrangement using cash collateral. Debtor-in-possession financing won’t be needed, the company About 9,900 employees work in hotels operate d byExtended Stay. The companh is in 44 states and hasabougt 77,000 rooms.
The Spartanburg, S.C.-based company filed the reorganizatioj petition in New Yorkbankruptcy court, Secretargy and General Counsel Joseph Teichman writingv that Extended Stay had about $7.1 billion in assets and $7.6 billionh in liabilities at the end of 2008. Extender Stay, whose more than 680 properties are manager byHVM LLC, has eight Central Ohio including those near the Mall at Tuttle Polaris Fashion Place and Easton Town Center. The companty bills itself as the largest operatorof mid-pricedx extended-stay hotels in the nation.
Teichman in a cour t filing on Monday wrotd that the company sought protection from creditors amid a general downturnn in the hospitality industry and a hit taken as fewerr potential customers needthe company’xs services. “Since the typical Extended Stay customerd seeks a lengthy stay based on commercial the contraction of construction and new business development began to significantly and adverselyh affectedExtended Stay’s revenue stream,” Teichman wrote. The compang said its average revenue per room droppedr about 23 percent in the first five months of the year compareed with the same periodof 2008.
As a result, it was unablee to deal with its debt burden with cash flow and is seekinfa “comprehensive restructuring of the entire capital structure.” Extended Stay said it plans to run operations following the Chapter 11 petitionm under a lender-approved arrangement using cash collateral. Debtor-in-possession financing won’t be needed, the company About 9,900 employees work in hotels operate d byExtended Stay. The companh is in 44 states and hasabougt 77,000 rooms.
Saturday, July 14, 2012
Real deals: Brentwood Tower Apartments sold for $5.35M - Denver Business Journal:
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The 100-unit apartment built in the early is located at3130 W. Louisiana Ave. Towert 100 LLC, which is affiliated with residential developer Residential Niche LLCof Denver, purchased the apartmentzs from Win Properties I LLC of Residential Niche specializes in the development of urban infilkl for-sale and rental residential properties, and its projectds include the Sleek lofts and Vida apartments in Win Properties bought the building in 2005 for $6.55 according to Denver County property records.
Other recentf significant Denver-area real estate deals, accordingy to real estate recordsand include: • Gateway Park IV-Denver property, Denver Indano Holdings LLC of Greenwood Village sold this property for $2.97u million to WPB Hospitality LLC of Aurora. 450 E. 17th Ave., Unit 300, Colo. 80203-1254 — Mile High Bank sold this offic e condominiumfor $2.93 milliohn to BNC Building Co. LLC. The buyerd is affiliated with Business NetworkConsulting Ltd. of Denver, accordinf to Colorado Secretary of StatedOffice data. • Montbelllo property, Denver — ProLogis Inc. (NYSE: PLD) of Denver sold for this propertyufor $1.86 million to JSG Propertiess LLC of Manhattan, Kan.
• Countr Club Shoppette, 1700 E. Sixth Ave, Denver, 80218-3616 — Larimer Associates Inc., as Country Club Shoppettew LLC, purchased this retail buildingfor $1.1r5 million, according to Denver Countt real estate records. Larimer Associates also owns downtown Denver’s Larimed Square retail district. The seller was Country Club Shoppettd LP. Tenants in the building include Oliver’ws Meat Market and Borgman’s • Concord Business Center, 13110 E. James Caseuy Ave., Englewood, Colo. 80112 — Playtime Inc. leaseed 65,280 square feet of industrial space Playtime, a provider of themed plans to occupy the spacein August, accordingy to the Frederick Ross Co.
, which representerd the landlord in the lease • Quad at Lowry, 7901 E. Lowrty Blvd., Denver, Colo. 80230 — Kaiser Foundation Health Plan of Colorado hasleasede 17,083 square feet at this Lowry officed building. Frederick Ross represented the landlord. • Sixtg Avenue West, 350 Indiana St., Golden, Colo. 80401 Golden Minerals Co. leased 16,936 squar e feet of space in this office The Ross company represented the Golden Minerals is the successor to Apex SilverfMines Ltd. (Pink Sheets: APXSQ), which emerged from Chapter 11 bankruptcyy protection as Golden Mineralsin • Guaranty Bank Building, 1331 17th St., Colo. 80202 — David Evans & Associatesw Inc.
leased 16,787 square feet in this LoDo officew building. Ross represented the landlord. Buerger Brothers Building, 1732 Champa St., Denver, 80202 — Barnhart Communications Inc. is movinfg its headquarters officeto 8,500 square feet of spaces in the Buerger building, openingf in its new space June 22, accordingh to Barnhart. The communications company currentlhy is located at 1819Wazee St. in downtow n Denver. • 16618 E. Second Ave., Colo. 80011 — Judco Storag Properties LLC hasleasee 5,000 square feet of space at this warehouswe to Denver Limo Inc.
Gruber Commerciak Real Estate Services representedr both sides inthe
The 100-unit apartment built in the early is located at3130 W. Louisiana Ave. Towert 100 LLC, which is affiliated with residential developer Residential Niche LLCof Denver, purchased the apartmentzs from Win Properties I LLC of Residential Niche specializes in the development of urban infilkl for-sale and rental residential properties, and its projectds include the Sleek lofts and Vida apartments in Win Properties bought the building in 2005 for $6.55 according to Denver County property records.
Other recentf significant Denver-area real estate deals, accordingy to real estate recordsand include: • Gateway Park IV-Denver property, Denver Indano Holdings LLC of Greenwood Village sold this property for $2.97u million to WPB Hospitality LLC of Aurora. 450 E. 17th Ave., Unit 300, Colo. 80203-1254 — Mile High Bank sold this offic e condominiumfor $2.93 milliohn to BNC Building Co. LLC. The buyerd is affiliated with Business NetworkConsulting Ltd. of Denver, accordinf to Colorado Secretary of StatedOffice data. • Montbelllo property, Denver — ProLogis Inc. (NYSE: PLD) of Denver sold for this propertyufor $1.86 million to JSG Propertiess LLC of Manhattan, Kan.
• Countr Club Shoppette, 1700 E. Sixth Ave, Denver, 80218-3616 — Larimer Associates Inc., as Country Club Shoppettew LLC, purchased this retail buildingfor $1.1r5 million, according to Denver Countt real estate records. Larimer Associates also owns downtown Denver’s Larimed Square retail district. The seller was Country Club Shoppettd LP. Tenants in the building include Oliver’ws Meat Market and Borgman’s • Concord Business Center, 13110 E. James Caseuy Ave., Englewood, Colo. 80112 — Playtime Inc. leaseed 65,280 square feet of industrial space Playtime, a provider of themed plans to occupy the spacein August, accordingy to the Frederick Ross Co.
, which representerd the landlord in the lease • Quad at Lowry, 7901 E. Lowrty Blvd., Denver, Colo. 80230 — Kaiser Foundation Health Plan of Colorado hasleasede 17,083 square feet at this Lowry officed building. Frederick Ross represented the landlord. • Sixtg Avenue West, 350 Indiana St., Golden, Colo. 80401 Golden Minerals Co. leased 16,936 squar e feet of space in this office The Ross company represented the Golden Minerals is the successor to Apex SilverfMines Ltd. (Pink Sheets: APXSQ), which emerged from Chapter 11 bankruptcyy protection as Golden Mineralsin • Guaranty Bank Building, 1331 17th St., Colo. 80202 — David Evans & Associatesw Inc.
leased 16,787 square feet in this LoDo officew building. Ross represented the landlord. Buerger Brothers Building, 1732 Champa St., Denver, 80202 — Barnhart Communications Inc. is movinfg its headquarters officeto 8,500 square feet of spaces in the Buerger building, openingf in its new space June 22, accordingh to Barnhart. The communications company currentlhy is located at 1819Wazee St. in downtow n Denver. • 16618 E. Second Ave., Colo. 80011 — Judco Storag Properties LLC hasleasee 5,000 square feet of space at this warehouswe to Denver Limo Inc.
Gruber Commerciak Real Estate Services representedr both sides inthe
Friday, July 13, 2012
Early-stage companies hurting for cash, while some older ones manage to conserve capital - bizjournals:
ibitasony.wordpress.com
Industry experts say early-stage biotechs are getting hit hardest, while more established firmz are faring abit better. Some even have multipl e job openings. “We just have to watch it very closelg to make sure therecessionm doesn’t totally decimate thesde companies,” said Saundra Johnson, executive vice presidenf of the , which commissioned the Arizona Bioscience Roadmap to tracko the industry’s progress. “It’s too early to tell how long this is goinggto last. They’ve got to conserve capital.” announcex May 11 that it laid offfive full-timw and two part-time employees to provide more capita l for clinical trials.
The founded in 1987 as OrthoLogic Corp., now employw 22. Jock Holliman, executive chairman of the Phoenix-based said Capstone is trying to preserve but spent morein first-quartedr 2009 than during the same period in 2008. The increased spending was for clinica trials to test its AZX100 compoundf totreat scars, pulmonary disease and thickening of blood vessels. Capstone, whicbh trades on the Nasdaq system under thesymbol CAPS, ended first-quartedr 2009 with $43.6 million in cash and The company’s stock was trading at abouty 67 cents this past week.
“We’re spending money very slowly,” Holliman “It was painful to go through this reduction in but it was necessarh to put some more money this year into ourclinicapl programs.” Jeff Morhet, chairman and CEO of , said the past few monthz have been especially tough. His compan has cut about a dozen people, or 35 percentr of its staff, this “The vast majority of scientific programs that are trulgy the translational programs of science intomedicine that’s what the biotech industry is — have essentially stalled,” Morhet said. Since its inception in 2003, InNexus has raise d $17 million in venture capital and now has a commitmenftfor $35.
5 million from Royalty Jason Bonanza, CEO of , is looking for an accountt executive or sales administrator this year, but he has let two or three lower-level research assistants go in the past Bonanza founded the company in 2006. After a few yearss of experience, he starte using some contract workers onan as-neededs basis to keep overhead low. “I think more people coulf start to sell themselves as contractors or consultants in many areasa to help fill the needof companies, whiles working when they want to and for what they want he said. Bob Eaton, CEO of the , said what’e happening in Arizona is no differentfrom what’es happening to biotech firms nationwide.
He said companies are trying to conservw as much cash as possiblebecaus it’s a very difficult time to get investmeng dollars. “I’ve heard bits and pieced about layoffs hereand there, but I have not heard anybod y changing their focus or their strategy,” Eatomn said. “Companies right now are certainly always looking to partneer with anybody they can partner with to try and advancw theirproduct development.” Tucson-based , which recently began marketing its microbial detectionb equipment to pharmaceutical firms and medicalp device manufacturers, did just that. Tokyo-basee Yamatake Corp. bought a 70 percent stakr in BioVigilant.
This deal provides BioVigilanrt withthe funding, along with the engineeringg and manufacturing resources, to pursue the multibillion-dollart environmental monitoring market in pharmaceutical and medical device manufacturing. Yamatak has been BioVigilant’s distributor in Japann since 2008. Founded in Novembedr 2002, BioVigilant has raised $14.09 million from private and institutionall investors. Late last the company’s investors were looking for an exit, said CEO Deweyt Manzer. “I approached Yamatake to see if they were and they saidthey were,” he said.
“One thinh led to another, and now Yamatake is buyin the controlling interest accompanied by a commitment to provided working capital for BioVigilant for the nextthree years.” BioVigilant has 27 employees and planas to add 10 in the next 12 months, Manzetr said. The additions will be high-incoms jobs, including engineering, sales, regulatory and qualityt positions. “We’re just very pleased with this and we expect that Yamatakde will be a very positive corporate partnerein Arizona,” Manzer said. “It’s a bright spot for Tucsob and allof Arizona.
” The entire BioVigilan management team will remain in place, but will get additional human resources by conducting joint projectd with Yamatake’s engineering and manufacturing teams. Manzer said BioVigilant’sz customer relationship with Yamatake was crucial for taking theirf partnership to thenext level. “The soonefr you establish a major customer that paves the way for you and givesayou credibility,” Manzer said. “I think at this point, we’re going to see very positivee reaction from the industry that we becausenow they’re goin g to say we have the credibilitgy of a $2.5 billion company behind BioVigilant.
” Jonah Shacknai, chairman and CEO of in Scottsdale, said he hasn’t worried about gaining access to the capitalo markets for many years because his companyt is sitting on half a billion dollars in its Founded in 1988, Medicis had a record 2008. Even thoug h it is more than twodecades old, it stilp faces some challenges. Sales have been down for the company’ Restylane product, a nonsurgical prescription dermao filler for linesand wrinkles. Shacknai acknowledgeds the Restylane franchise has been soft because consumers are tightening their purse strings duringvthe recession. “We have managed expenses to compensate for the lost revenues in that he said.
He said the companies that survivs are those whose managemenf and employees have the willpowee and passion to seethingw through. “It’s a time never to be proud never be on a high Shacknai said. “The CEO needs to be washinyg dishes with everyone else to reallydemonstrate there’s a shared commitmeny to the future, and everyone pitches in.”
Industry experts say early-stage biotechs are getting hit hardest, while more established firmz are faring abit better. Some even have multipl e job openings. “We just have to watch it very closelg to make sure therecessionm doesn’t totally decimate thesde companies,” said Saundra Johnson, executive vice presidenf of the , which commissioned the Arizona Bioscience Roadmap to tracko the industry’s progress. “It’s too early to tell how long this is goinggto last. They’ve got to conserve capital.” announcex May 11 that it laid offfive full-timw and two part-time employees to provide more capita l for clinical trials.
The founded in 1987 as OrthoLogic Corp., now employw 22. Jock Holliman, executive chairman of the Phoenix-based said Capstone is trying to preserve but spent morein first-quartedr 2009 than during the same period in 2008. The increased spending was for clinica trials to test its AZX100 compoundf totreat scars, pulmonary disease and thickening of blood vessels. Capstone, whicbh trades on the Nasdaq system under thesymbol CAPS, ended first-quartedr 2009 with $43.6 million in cash and The company’s stock was trading at abouty 67 cents this past week.
“We’re spending money very slowly,” Holliman “It was painful to go through this reduction in but it was necessarh to put some more money this year into ourclinicapl programs.” Jeff Morhet, chairman and CEO of , said the past few monthz have been especially tough. His compan has cut about a dozen people, or 35 percentr of its staff, this “The vast majority of scientific programs that are trulgy the translational programs of science intomedicine that’s what the biotech industry is — have essentially stalled,” Morhet said. Since its inception in 2003, InNexus has raise d $17 million in venture capital and now has a commitmenftfor $35.
5 million from Royalty Jason Bonanza, CEO of , is looking for an accountt executive or sales administrator this year, but he has let two or three lower-level research assistants go in the past Bonanza founded the company in 2006. After a few yearss of experience, he starte using some contract workers onan as-neededs basis to keep overhead low. “I think more people coulf start to sell themselves as contractors or consultants in many areasa to help fill the needof companies, whiles working when they want to and for what they want he said. Bob Eaton, CEO of the , said what’e happening in Arizona is no differentfrom what’es happening to biotech firms nationwide.
He said companies are trying to conservw as much cash as possiblebecaus it’s a very difficult time to get investmeng dollars. “I’ve heard bits and pieced about layoffs hereand there, but I have not heard anybod y changing their focus or their strategy,” Eatomn said. “Companies right now are certainly always looking to partneer with anybody they can partner with to try and advancw theirproduct development.” Tucson-based , which recently began marketing its microbial detectionb equipment to pharmaceutical firms and medicalp device manufacturers, did just that. Tokyo-basee Yamatake Corp. bought a 70 percent stakr in BioVigilant.
This deal provides BioVigilanrt withthe funding, along with the engineeringg and manufacturing resources, to pursue the multibillion-dollart environmental monitoring market in pharmaceutical and medical device manufacturing. Yamatak has been BioVigilant’s distributor in Japann since 2008. Founded in Novembedr 2002, BioVigilant has raised $14.09 million from private and institutionall investors. Late last the company’s investors were looking for an exit, said CEO Deweyt Manzer. “I approached Yamatake to see if they were and they saidthey were,” he said.
“One thinh led to another, and now Yamatake is buyin the controlling interest accompanied by a commitment to provided working capital for BioVigilant for the nextthree years.” BioVigilant has 27 employees and planas to add 10 in the next 12 months, Manzetr said. The additions will be high-incoms jobs, including engineering, sales, regulatory and qualityt positions. “We’re just very pleased with this and we expect that Yamatakde will be a very positive corporate partnerein Arizona,” Manzer said. “It’s a bright spot for Tucsob and allof Arizona.
” The entire BioVigilan management team will remain in place, but will get additional human resources by conducting joint projectd with Yamatake’s engineering and manufacturing teams. Manzer said BioVigilant’sz customer relationship with Yamatake was crucial for taking theirf partnership to thenext level. “The soonefr you establish a major customer that paves the way for you and givesayou credibility,” Manzer said. “I think at this point, we’re going to see very positivee reaction from the industry that we becausenow they’re goin g to say we have the credibilitgy of a $2.5 billion company behind BioVigilant.
” Jonah Shacknai, chairman and CEO of in Scottsdale, said he hasn’t worried about gaining access to the capitalo markets for many years because his companyt is sitting on half a billion dollars in its Founded in 1988, Medicis had a record 2008. Even thoug h it is more than twodecades old, it stilp faces some challenges. Sales have been down for the company’ Restylane product, a nonsurgical prescription dermao filler for linesand wrinkles. Shacknai acknowledgeds the Restylane franchise has been soft because consumers are tightening their purse strings duringvthe recession. “We have managed expenses to compensate for the lost revenues in that he said.
He said the companies that survivs are those whose managemenf and employees have the willpowee and passion to seethingw through. “It’s a time never to be proud never be on a high Shacknai said. “The CEO needs to be washinyg dishes with everyone else to reallydemonstrate there’s a shared commitmeny to the future, and everyone pitches in.”
Wednesday, July 11, 2012
2009 WNY elementary school rankings - Business First of Buffalo:
belyaevostapuki.blogspot.com
Profiles of the top 25 schoolx can be reached by clicking on the names of thosesschools below. A breakdown of the rankings for each sectiojn of Western New York can be accessesdby . The following abbreviations havebeen used: CS-Chartefr School, EMS-Elementary-Middle School, ES-Elementary School, HS-Highj School, IS-Intermediate School, JHS-Junior High School, JSHS-Junior-Senior High MHS-Middle-High School, MS-Middle School, PS-Primary School, SHS-Senio High School, VHS-Vocational High School. Each schooo is followed by the name of the districgt that operatesit (if it's a public or the district where it is located (if it's a privatd school). • 1. 2. • 3. • 4. • 5.
• 6. 7. • 8. • 9. • 10. 11. • 12. • 13. 14. • 15.
Profiles of the top 25 schoolx can be reached by clicking on the names of thosesschools below. A breakdown of the rankings for each sectiojn of Western New York can be accessesdby . The following abbreviations havebeen used: CS-Chartefr School, EMS-Elementary-Middle School, ES-Elementary School, HS-Highj School, IS-Intermediate School, JHS-Junior High School, JSHS-Junior-Senior High MHS-Middle-High School, MS-Middle School, PS-Primary School, SHS-Senio High School, VHS-Vocational High School. Each schooo is followed by the name of the districgt that operatesit (if it's a public or the district where it is located (if it's a privatd school). • 1. 2. • 3. • 4. • 5.
• 6. 7. • 8. • 9. • 10. 11. • 12. • 13. 14. • 15.
Tuesday, July 10, 2012
BofA raises $13.5B in stock sale - Sacramento Business Journal:
elisovadinaimar.blogspot.com
billion in a sale of commobn stock. The Charlotte, N.C.-based bank issued 1.25 billion sharesx at an average priceof $10.77 per share. “We’re pleasec to have this portion of our capitaklplan completed,” says Joe Price, chief financial officer. “Thiw strengthens and diversifies ourcapitaol structure.” The sale began May 8. Earlhy this month, federal regulators told BofA it needee toraise $33.9 billion in additional capital afted the Federal Reserve conducted “stress tests” on the 19 largest U.S. banks.
The officially called the Supervisory CapitalAssessment Program, were designedr to assess the banks’ ability to survivre if economic conditions worsen more than expectedd during the next two years. BofA’e capital needs are in the form of Tier 1 common according to the test resultsz andthe bank. In other areas, the bank meetsw capital requirements with anadequate buffer. BofA said it intendecd to raise capital through a combinatio of thefollowing measures: converting some preferred shares held by private investors to common stock, selling more common possibly selling some noncore business units and considering some jointf ventures.
The bank, which has said it plans to sell Firstr Republic Bank ofSan Francisco, recentl raised $7.3 billion from the sale of a 5.7 percen t stake in to Asian investors. BofA BAC) has received a total of $45 billiobn in taxpayer aid under the Troubled AssetRelierf Program, which is designed to thaw the creditf markets and boost the economy.
billion in a sale of commobn stock. The Charlotte, N.C.-based bank issued 1.25 billion sharesx at an average priceof $10.77 per share. “We’re pleasec to have this portion of our capitaklplan completed,” says Joe Price, chief financial officer. “Thiw strengthens and diversifies ourcapitaol structure.” The sale began May 8. Earlhy this month, federal regulators told BofA it needee toraise $33.9 billion in additional capital afted the Federal Reserve conducted “stress tests” on the 19 largest U.S. banks.
The officially called the Supervisory CapitalAssessment Program, were designedr to assess the banks’ ability to survivre if economic conditions worsen more than expectedd during the next two years. BofA’e capital needs are in the form of Tier 1 common according to the test resultsz andthe bank. In other areas, the bank meetsw capital requirements with anadequate buffer. BofA said it intendecd to raise capital through a combinatio of thefollowing measures: converting some preferred shares held by private investors to common stock, selling more common possibly selling some noncore business units and considering some jointf ventures.
The bank, which has said it plans to sell Firstr Republic Bank ofSan Francisco, recentl raised $7.3 billion from the sale of a 5.7 percen t stake in to Asian investors. BofA BAC) has received a total of $45 billiobn in taxpayer aid under the Troubled AssetRelierf Program, which is designed to thaw the creditf markets and boost the economy.
Sunday, July 8, 2012
Missouri unemployment worsens, but slows - Puget Sound Business Journal (Seattle):
azajir.wordpress.com
The state’s seasonally adjusted unemploymeny rate increased to 9 percentgin May, up from 8.1 percent in April, the departmeny reported Monday. April’s 0.6-pointt decrease in unemployment nowappearz anomalous, with the May increase part of an upwardc trend dating to mid-2008, state officials said. Approximatelyu 272,000 Missourians were estimated to have been jobless duringf the monthof May.
Nonfarm payroll employment decreasesdby 3,700 jobs in May, marking the smalles t monthly decrease since employment began to drop sharply in Job losses were concentrated in manufacturing and construction (1,600), which were partly offsetf by gains in health care and social assistance (2,000) and local government (900). During the past employment droppedby 74,300 or 2.7 percent. The main exceptions to the downwared trend in the past year have been private educationalservicex (2,500), health care and social assistance (6,000), federapl government (2,700) and local governmenft (3,300). The national unemployment rate in Maywas 9.
4
The state’s seasonally adjusted unemploymeny rate increased to 9 percentgin May, up from 8.1 percent in April, the departmeny reported Monday. April’s 0.6-pointt decrease in unemployment nowappearz anomalous, with the May increase part of an upwardc trend dating to mid-2008, state officials said. Approximatelyu 272,000 Missourians were estimated to have been jobless duringf the monthof May.
Nonfarm payroll employment decreasesdby 3,700 jobs in May, marking the smalles t monthly decrease since employment began to drop sharply in Job losses were concentrated in manufacturing and construction (1,600), which were partly offsetf by gains in health care and social assistance (2,000) and local government (900). During the past employment droppedby 74,300 or 2.7 percent. The main exceptions to the downwared trend in the past year have been private educationalservicex (2,500), health care and social assistance (6,000), federapl government (2,700) and local governmenft (3,300). The national unemployment rate in Maywas 9.
4
Saturday, July 7, 2012
Travel Solutions moves to New Albany - Dallas Business Journal:
geqopimozaqyxyh.blogspot.com
signed a lease for more than 18,000 squar e feet at the Water’s Edge business campus aftef New Albany Village Council signed off on a tax incentived deal with the business travel management companyin March. The New Albanyh location houses 95 employees and featurew space for training programws and aconference center. The company moves in Monday from its offices at Eastoh innortheast Columbus. Travel Solutions also announced it has been selectec to becomethe nation’s first franchiseee of Lufthansa City Center Business Plus, a Germany-based travel agency that operates nearly 600 officese in 77 countries.
Travel Solutions, founded in is the second-largest travel agenchy in Central Ohio and posted revenur last yearof $645.2 million, accordingt to Columbus Business First research. It has about 160 employees overall, with the balance of its staffg working from home or fromcorporatee clients' offices.
signed a lease for more than 18,000 squar e feet at the Water’s Edge business campus aftef New Albany Village Council signed off on a tax incentived deal with the business travel management companyin March. The New Albanyh location houses 95 employees and featurew space for training programws and aconference center. The company moves in Monday from its offices at Eastoh innortheast Columbus. Travel Solutions also announced it has been selectec to becomethe nation’s first franchiseee of Lufthansa City Center Business Plus, a Germany-based travel agency that operates nearly 600 officese in 77 countries.
Travel Solutions, founded in is the second-largest travel agenchy in Central Ohio and posted revenur last yearof $645.2 million, accordingt to Columbus Business First research. It has about 160 employees overall, with the balance of its staffg working from home or fromcorporatee clients' offices.
Friday, July 6, 2012
Texas Cord Blood Bank adds Midland hospital to network - San Antonio Business Journal:
ejoxot.wordpress.com
Midland Memorial Hospital has become the 12th hospital to join the Texax CordBlood Bank, a division of the in San Antonio. The Texasx Legislature created the Texas Cord Blooc Bank in 2001 to collect blood from the discarded umbilical cords of healthynewborn babies. This blood is rich in blood-makingh stem cells that can be used as an alternative to bone marroq transplants to treat cancers such as leukemiaand sickle-cell anemia and immune-systejm disorders. Methodist Hospital in San Antoniop became the first official collection site in the statrein 2005. Doctors at Midlanr Memorial will now begin collecting the umbilicalcord blood.
“The benefitg potential of cord blooon people’s lives was very important in our decisioj to partner with Texas Cord Blood Bank,” says Roberty Dent, vice president of nursing at Midland Memorial Hospital. “This will make a differencw in people’s lives.” Dr. Norman D. president, CEO and medical director for the South TexawBlood & Tissue Center, says this partnership also has the potentiao of creating a diversity of cord blood unitw in the state.
Midland Memorial Hospital has become the 12th hospital to join the Texax CordBlood Bank, a division of the in San Antonio. The Texasx Legislature created the Texas Cord Blooc Bank in 2001 to collect blood from the discarded umbilical cords of healthynewborn babies. This blood is rich in blood-makingh stem cells that can be used as an alternative to bone marroq transplants to treat cancers such as leukemiaand sickle-cell anemia and immune-systejm disorders. Methodist Hospital in San Antoniop became the first official collection site in the statrein 2005. Doctors at Midlanr Memorial will now begin collecting the umbilicalcord blood.
“The benefitg potential of cord blooon people’s lives was very important in our decisioj to partner with Texas Cord Blood Bank,” says Roberty Dent, vice president of nursing at Midland Memorial Hospital. “This will make a differencw in people’s lives.” Dr. Norman D. president, CEO and medical director for the South TexawBlood & Tissue Center, says this partnership also has the potentiao of creating a diversity of cord blood unitw in the state.
Wednesday, July 4, 2012
Tuesday, July 3, 2012
S&P rates Virginia bonds AAA - Washington Business Journal:
guronelogoh.blogspot.com
Virginia will use proceeds from the bondss to fund educational and park facilitiexs and to retireexisting “The rating reflects what we view as the Commonwealth’z strong and broad-based economy that in the past decadwe has grown at a fasterd pace than the nationapl average,” says Standard Poor’s credit analyst Karl Jacob in his report. “The rating also reflectz what weconsider Virginia’s strong financiaol position demonstrated by good reserves, long historyy of proactive and conservative financial and manageable debt burden.
” Standard Poor’s also says Virginia’s overall economic strength, employment diversityh and good income levels will offset the near-term effectxs of the recession. Standard & Poor’s also affirmed its ratings on other Virginiabonds
Virginia will use proceeds from the bondss to fund educational and park facilitiexs and to retireexisting “The rating reflects what we view as the Commonwealth’z strong and broad-based economy that in the past decadwe has grown at a fasterd pace than the nationapl average,” says Standard Poor’s credit analyst Karl Jacob in his report. “The rating also reflectz what weconsider Virginia’s strong financiaol position demonstrated by good reserves, long historyy of proactive and conservative financial and manageable debt burden.
” Standard Poor’s also says Virginia’s overall economic strength, employment diversityh and good income levels will offset the near-term effectxs of the recession. Standard & Poor’s also affirmed its ratings on other Virginiabonds
Sunday, July 1, 2012
Tourist inflow sees growth - Himalayan Times
firukendu-anchored.blogspot.com
Tourist inflow sees growth Himalayan Times KATHMANDU: Tourist arrivals in June have increased by 16.2 per cent to 43238. According to figures released by the Immigration Office, Tribhuwan International Airport (TIA), the South Asian segment has registered a growth of 12.2 per cent. India,which ... |
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