The Stir (blog) | McConaughey reveals new baby's name USA TODAY He greeted the world at 9lbs. and 21 inches. Bless up and thank you for your well wishes. Happy New year, and just keep livin, Camila and Matthew McConaughey. Might the name have something to do with McConaughey's favorite phrase, "Just keep livin"? Matthew & Camila McConaughey Name Their Son Livingston Matthew McConaughey Reveals Newborn Son's Name Matthew McConaughey Announces Baby's Name & It's One No One Would ... |
Sunday, December 30, 2012
McConaughey reveals new baby's name - USA TODAY
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Saturday, December 29, 2012
Starbucks wins California tip-pooling case appeal - Sacramento Business Journal:
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A class-action lawsuit brought by Jou Chau, a forme barista for Starbucks (Nasdaq: SBUX), alleger that the coffee chain’w policy allowing shift supervisors to share in tip moneyg that customers place in jars violates Californialabor laws. A San Diego lowed court sided with Chau in the suit and awarded morethan $86 milliojn in damages but on that ruling was overturned. “We concludwe the trial court erredd in rulingthat Starbucks'sd tip-allocation policy violated California law.
The applicabls statutes do not prohibi t Starbucks from permitting shift supervisors to share in the proceedss placed in collectivetip boxes,” wrote Fourth Appellate Districg Court judges, in their decision. Chau alleged that shift supervisors should be considered managers and not eligiblrefor tip-sharing. Shift supervisors perform variouss duties atthe company’s stores, such as makinhg coffee drinks, cleaning tables, cleaning bathrooms and working the cash and Chau said they shouldn’t be allowed to sharew in the tips collected in the plastic containers at each stored location.
The lower courg awarded more than $86 million in damageds plus interest, with the totaol award estimated at morethan $100 million. Starbucksx countered that all baristas and shift supervisors are eligible to sharedin tips, and the appeals court agreed. “It is undisputed here that the tipping public intended to collectively tip both the baristaes and the shift supervisors for their work as a wrote theappeals court.
A class-action lawsuit brought by Jou Chau, a forme barista for Starbucks (Nasdaq: SBUX), alleger that the coffee chain’w policy allowing shift supervisors to share in tip moneyg that customers place in jars violates Californialabor laws. A San Diego lowed court sided with Chau in the suit and awarded morethan $86 milliojn in damages but on that ruling was overturned. “We concludwe the trial court erredd in rulingthat Starbucks'sd tip-allocation policy violated California law.
The applicabls statutes do not prohibi t Starbucks from permitting shift supervisors to share in the proceedss placed in collectivetip boxes,” wrote Fourth Appellate Districg Court judges, in their decision. Chau alleged that shift supervisors should be considered managers and not eligiblrefor tip-sharing. Shift supervisors perform variouss duties atthe company’s stores, such as makinhg coffee drinks, cleaning tables, cleaning bathrooms and working the cash and Chau said they shouldn’t be allowed to sharew in the tips collected in the plastic containers at each stored location.
The lower courg awarded more than $86 million in damageds plus interest, with the totaol award estimated at morethan $100 million. Starbucksx countered that all baristas and shift supervisors are eligible to sharedin tips, and the appeals court agreed. “It is undisputed here that the tipping public intended to collectively tip both the baristaes and the shift supervisors for their work as a wrote theappeals court.
Friday, December 28, 2012
Hal Leonard media venture to enhance Guitar Edge - The Business Journal of Milwaukee:
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The joint venture, Guitafr Edge LLC, will expand and enhance Guitar Edge magazinwe into a multimedia resource for Hal Leonard's Guitar Edge magazine debutexd in the summer of 2006. The magazind specializes in providing accurate transcriptionss in standard notation and guitar or tabs, for the hottest songs in all The new Guitar Edge will adopt the four-platform multimediaw model pioneered by Premier a Mount Vernon, Iowa-based media company that publishes Premier Guitaer magazine. The strategy features a print magazines supported by a free online Web site andweekly e-newsletter. The enhanced Guitae Edge will make its debut with the Septembetr2009 issue.
Editorial staffs from both firms will providde content for Guitar Edge and subscribers to both magazinecan opt-in for the new, free-of-chargee Guitar Edge digital content. Jeff vice president of pop and standard publicationss forHal Leonard, said the new mediq will provide an additional revenuw stream for its publishing partners. Publishers will be paid baseed on page views whenever reader s of the magazines view the free tabsongss online. Premier Guitar CEO Peter Sprague said the collaboration withHal Leonard, the world'sw largest publisher of sheety music, could lead to a "hosft of new initiatives.
"
The joint venture, Guitafr Edge LLC, will expand and enhance Guitar Edge magazinwe into a multimedia resource for Hal Leonard's Guitar Edge magazine debutexd in the summer of 2006. The magazind specializes in providing accurate transcriptionss in standard notation and guitar or tabs, for the hottest songs in all The new Guitar Edge will adopt the four-platform multimediaw model pioneered by Premier a Mount Vernon, Iowa-based media company that publishes Premier Guitaer magazine. The strategy features a print magazines supported by a free online Web site andweekly e-newsletter. The enhanced Guitae Edge will make its debut with the Septembetr2009 issue.
Editorial staffs from both firms will providde content for Guitar Edge and subscribers to both magazinecan opt-in for the new, free-of-chargee Guitar Edge digital content. Jeff vice president of pop and standard publicationss forHal Leonard, said the new mediq will provide an additional revenuw stream for its publishing partners. Publishers will be paid baseed on page views whenever reader s of the magazines view the free tabsongss online. Premier Guitar CEO Peter Sprague said the collaboration withHal Leonard, the world'sw largest publisher of sheety music, could lead to a "hosft of new initiatives.
"
Wednesday, December 26, 2012
Reach Healthcare Foundation Company Profile | Company Information
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successor organization, the Communitt Health Group (CHG). HCF, incorporated in Missouri, received 80 perceny of the assets based ona court-approverd settlement agreement. The REACH Foundation was approve d by the IRS asa 501(c)(3) charitable organizatiomn in May 2004, and the followinbg month received nearly $100 million in initial assets. The Foundatiomn later received anadditional $10 million in assets from CHG. These assets have since grown to $142.5 million. Over the past four the Foundation has awarded morethan $8.3 milliojn in grants. Grant and program support has increased from $1.7 million in 2005 to $4.8 million in 2007.
Since its establishment, the Foundatiobn has focused its investments in threeareads ? safety-net health services, oral healtn and mental health. ...
successor organization, the Communitt Health Group (CHG). HCF, incorporated in Missouri, received 80 perceny of the assets based ona court-approverd settlement agreement. The REACH Foundation was approve d by the IRS asa 501(c)(3) charitable organizatiomn in May 2004, and the followinbg month received nearly $100 million in initial assets. The Foundatiomn later received anadditional $10 million in assets from CHG. These assets have since grown to $142.5 million. Over the past four the Foundation has awarded morethan $8.3 milliojn in grants. Grant and program support has increased from $1.7 million in 2005 to $4.8 million in 2007.
Since its establishment, the Foundatiobn has focused its investments in threeareads ? safety-net health services, oral healtn and mental health. ...
Tuesday, December 25, 2012
Report: Region's retail, industrial markets going strong - Birmingham Business Journal:
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But an annual repor t released recentlyby Inc. shows the area's retail and industrial real estate markets were on the rise in with strong occupancy rates and competitive rental rates. The report showes a nearly 90 percent occupancy rate for the retail sectorlast year, a more than 86 percent occupancyu rate for the industrial sector and a 93 percent occupancy rate in the office market. Overall, the retail market absorbed nearly 1.7 million square feet, with more than 900,000 of that beingh absorbed in thefourth quarter. That's a marked difference from 2006, whicg had more than 206,000 square feet of negativee absorption. Weighted average rental rates were $13.532 per square foot.
EGS's report attributes most of retail's surgd in 2007 to four major projects in developmen t or opened during the year byin Alabaster, Trussville and McCalla. The areas with the most notable occupancy spikes compared to 2006 were the Highway 31 South whichjumped 6.6 percent in occupancy to 95.3 and the Eastwood/Irondale submarket, which jumped 4.4 percent to 72.3 percent occupancy. But occupancyu rates in retail drive the market very saidHugo Isom, principal at in Birminghaj and president of the . In retail, spacr that fits one store may not fit another retailer, he said, so it's more obvious whicy areas have vacancy issues.
For example, the newlyu redeveloped EastwoodVillage "is a terrifixc shot in the arm, but it left a majorr vacancy in Irondale when moved he said. "And may not be happy in a Wal-Mart Isom said the general health of the nationaol retail market looks grim because retailers are closely watching the economy andmovint carefully, but that may not be the case in with the city now saturated in retail with Colonial'zs projects. Developers now will begin to look toward the core ofthe city, to possibly redevelop older buildings and shoppinbg centers, he said.
In the industrial sector, EGS's report showe d Birmingham enjoyed a moderate pace of growtghlast year, with a positive absorptiomn of more than 315,000 squar e feet, all of whicjh was in bulk distribution. The Oxmoor Valley submarkeft sawa 4.3 percent jump in occupancy, with a nearlhy 118,000-square-foot absorption, and the Southern and Southwesterhn submarkets combined had a 5 percent increas e in occupancy and a nearly 148,000-square-foot Weighted average rental rates were up to $4.432 per square foot from $4.19 in 2006.
And whilew 2007 saw no major relocation of companies into theindustrial sector, the firstg three months of 2008 proves it will continue to Already this year, said it will build a large distributiobn center, will expand into the former Inc. headquarters and distribution site and EGS plans to develop a larg speculative industrial building inShelby County. But whilw the inventory of buildingswis stable, the number of industrial sites is dwindling as more companies commit to buildd rather than lease, said Jim Searcy, vice president at the .
"Mosy of the people we talk to are looking for a buildingg of aspecific size," he "But just through the process of finding the perfect building, they find there'zs no such thing and that it's betteer to build what they need." Searcy predicts more moderates growth through 2008 in the industrial with some speculative construction.
But an annual repor t released recentlyby Inc. shows the area's retail and industrial real estate markets were on the rise in with strong occupancy rates and competitive rental rates. The report showes a nearly 90 percent occupancy rate for the retail sectorlast year, a more than 86 percent occupancyu rate for the industrial sector and a 93 percent occupancy rate in the office market. Overall, the retail market absorbed nearly 1.7 million square feet, with more than 900,000 of that beingh absorbed in thefourth quarter. That's a marked difference from 2006, whicg had more than 206,000 square feet of negativee absorption. Weighted average rental rates were $13.532 per square foot.
EGS's report attributes most of retail's surgd in 2007 to four major projects in developmen t or opened during the year byin Alabaster, Trussville and McCalla. The areas with the most notable occupancy spikes compared to 2006 were the Highway 31 South whichjumped 6.6 percent in occupancy to 95.3 and the Eastwood/Irondale submarket, which jumped 4.4 percent to 72.3 percent occupancy. But occupancyu rates in retail drive the market very saidHugo Isom, principal at in Birminghaj and president of the . In retail, spacr that fits one store may not fit another retailer, he said, so it's more obvious whicy areas have vacancy issues.
For example, the newlyu redeveloped EastwoodVillage "is a terrifixc shot in the arm, but it left a majorr vacancy in Irondale when moved he said. "And may not be happy in a Wal-Mart Isom said the general health of the nationaol retail market looks grim because retailers are closely watching the economy andmovint carefully, but that may not be the case in with the city now saturated in retail with Colonial'zs projects. Developers now will begin to look toward the core ofthe city, to possibly redevelop older buildings and shoppinbg centers, he said.
In the industrial sector, EGS's report showe d Birmingham enjoyed a moderate pace of growtghlast year, with a positive absorptiomn of more than 315,000 squar e feet, all of whicjh was in bulk distribution. The Oxmoor Valley submarkeft sawa 4.3 percent jump in occupancy, with a nearlhy 118,000-square-foot absorption, and the Southern and Southwesterhn submarkets combined had a 5 percent increas e in occupancy and a nearly 148,000-square-foot Weighted average rental rates were up to $4.432 per square foot from $4.19 in 2006.
And whilew 2007 saw no major relocation of companies into theindustrial sector, the firstg three months of 2008 proves it will continue to Already this year, said it will build a large distributiobn center, will expand into the former Inc. headquarters and distribution site and EGS plans to develop a larg speculative industrial building inShelby County. But whilw the inventory of buildingswis stable, the number of industrial sites is dwindling as more companies commit to buildd rather than lease, said Jim Searcy, vice president at the .
"Mosy of the people we talk to are looking for a buildingg of aspecific size," he "But just through the process of finding the perfect building, they find there'zs no such thing and that it's betteer to build what they need." Searcy predicts more moderates growth through 2008 in the industrial with some speculative construction.
Monday, December 24, 2012
"Hallelujah, Holy Shit! Where's The Tylenol?": Your Sunday NFL GIF Roundup ... - Deadspin
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"Hallelujah, Holy Shit! Where's The Tylenol?": Your Sunday NFL GIF Roundup ... Deadspin "Hallelujah, Holy Shit! Where's The Tylenol?": Your Sunday NFL GIF We'll be putting all our GIFs for the day here, from London Fletcher losing his lunch to sad Tom Brady. We'll update the post as the later games conclude, so stay tuned. New Orleans 34 ... |
Economic Times | Win-win situation: Congress governing somewhat better without Pranab Mukherjee Economic Times "Nobody is indispensable. India survived after Nehru, Indira Gandhi, and Rajiv Gandhi." This was Pranab Mukherjee's short reply to a question posed by ET in May 2012 on how the government or the Congress party would manage if the veteran politician ... |
Friday, December 21, 2012
WISeKey now on all major mobile platforms - Biometric Update
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Biometric Update | WISeKey now on all major mobile platforms Biometric Update WISeID, a biometric authentication solution for password and PIN storage, using a digital encrypted cloud safe, is now available on all major mobile operating system platforms, including iOS, Android and Windows. The WiseID is made by Switzerland-based ... |
Thursday, December 20, 2012
Getting social: Some of area
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Thanks to social networking Web sites suchas Facebook.com, MySpace.cok and Twitter.com, businesses are gaining added insights into consumersa through sites started by customers and thosw generated by the companies. “Clearly this is an excitin g time inthe industry,” said Reggie CEO of Vitrue Inc., an Atlanta-basedc social media company. “The downturn is forcing marketersw to look at every aspect oftheier budget, every dollar is working overtime.” Bradforrd said Vitrue’s clients, which includw Pepsi, Arby’s and Chick-fil-A, are dedicatinfg more marketing spending towarf this area.
Shashi assistant professor of marketing, said the Internet isn’y just a forum for the young any Though Facebook has reported gains in allage groups, its largesrt increase in the last six months has been in womenj older than 55. It also said 45 percent of users are olderthan 26. Vitrue’s Sociall Media Index measures the daily mentions a braned gets on socialnetworking sites. The company’ss list of 2008’s most social brandzs included three withColumbue ties. Honda ranked highest and was the second-highest ranked auto brand at 25th, trailinf only 12th-place Ford.
Wendy’s was one of eight restauranty names to makethe list, coming in at 56th, whicnh trailed 32nd-ranked McDonald’s, but was one spot highefr than Burger King. Starbucks and Subway scored higherthan Wendy’s as Victoria’s Secret was one of seven apparel and accessory brandx to make the list, four of which were shoe Guess and the Gap were the only otheer nonshoe brands. Vitrue analyzes dailh online conversations about brands on a range ofsociakl networking, blogging, microblogging, photo and video-sharing The Vitrue 100 was determined by averaging the dailyt scores of brands through Decembedr 2008.
Most purchases in retaiol and restaurants are recommended by a frienrdor peer, Bradford said, so businesses can help themselvees by tapping those most passionater fans as a marketing avenue with promotionds and exclusive content. As many retailers he said, it is easier to hold onto customers than attractgnew ones. The Dublin-based Wendy’s divisioj of Wendy’s/Arby’s Group Inc.’s is wading into this The fast-food chain held an online reverse auctiob for seven days in March and April to promote some of its offeringbidders merchandise, from sportw autographs to video game systems to a jacket worn by Chuck Norrisx in an episode of Walker, Texasw Ranger.
Participants found out about the auction and received updatesdthrough Facebook, MySpace and Twitter. Wendy’s Spokesman Bob Bertinu said the sitehad 175,000 page visite for the auction week. “We intentionallt did not advertise through traditional marketing he said. “We wanted this to, by design, spreacd virally. We wanted to make sure our approacu was genuineand authentic.” Authenticity is a key to findingf gains in social networking, Matta “Be there early,” he said. “Pioneers are rewarded more than Reach out, but don’t make it seem like the hard Listen to your customerx and add value.
Don’t just sell Columbus-based declined to talk about what, if any, sociap networking strategy it is usingfor Victoria’sd Secret, Pink and Bath & Body among its other brands. A Facebook site for which is Victoria’s Secret’ds line aimed at young adults, has more than 1.1 millioj fans, while a Bath & Body Works page has almosty 12,000. A Twitter page, billed as offers online discounts and but wasn’t started and isn’t run by Victoria’s Alicia Jones, corporate communications supervisor at in Torrance, runs the Twitter feed for the posting links to media reports and updates aboutg Honda.
Thanks to social networking Web sites suchas Facebook.com, MySpace.cok and Twitter.com, businesses are gaining added insights into consumersa through sites started by customers and thosw generated by the companies. “Clearly this is an excitin g time inthe industry,” said Reggie CEO of Vitrue Inc., an Atlanta-basedc social media company. “The downturn is forcing marketersw to look at every aspect oftheier budget, every dollar is working overtime.” Bradforrd said Vitrue’s clients, which includw Pepsi, Arby’s and Chick-fil-A, are dedicatinfg more marketing spending towarf this area.
Shashi assistant professor of marketing, said the Internet isn’y just a forum for the young any Though Facebook has reported gains in allage groups, its largesrt increase in the last six months has been in womenj older than 55. It also said 45 percent of users are olderthan 26. Vitrue’s Sociall Media Index measures the daily mentions a braned gets on socialnetworking sites. The company’ss list of 2008’s most social brandzs included three withColumbue ties. Honda ranked highest and was the second-highest ranked auto brand at 25th, trailinf only 12th-place Ford.
Wendy’s was one of eight restauranty names to makethe list, coming in at 56th, whicnh trailed 32nd-ranked McDonald’s, but was one spot highefr than Burger King. Starbucks and Subway scored higherthan Wendy’s as Victoria’s Secret was one of seven apparel and accessory brandx to make the list, four of which were shoe Guess and the Gap were the only otheer nonshoe brands. Vitrue analyzes dailh online conversations about brands on a range ofsociakl networking, blogging, microblogging, photo and video-sharing The Vitrue 100 was determined by averaging the dailyt scores of brands through Decembedr 2008.
Most purchases in retaiol and restaurants are recommended by a frienrdor peer, Bradford said, so businesses can help themselvees by tapping those most passionater fans as a marketing avenue with promotionds and exclusive content. As many retailers he said, it is easier to hold onto customers than attractgnew ones. The Dublin-based Wendy’s divisioj of Wendy’s/Arby’s Group Inc.’s is wading into this The fast-food chain held an online reverse auctiob for seven days in March and April to promote some of its offeringbidders merchandise, from sportw autographs to video game systems to a jacket worn by Chuck Norrisx in an episode of Walker, Texasw Ranger.
Participants found out about the auction and received updatesdthrough Facebook, MySpace and Twitter. Wendy’s Spokesman Bob Bertinu said the sitehad 175,000 page visite for the auction week. “We intentionallt did not advertise through traditional marketing he said. “We wanted this to, by design, spreacd virally. We wanted to make sure our approacu was genuineand authentic.” Authenticity is a key to findingf gains in social networking, Matta “Be there early,” he said. “Pioneers are rewarded more than Reach out, but don’t make it seem like the hard Listen to your customerx and add value.
Don’t just sell Columbus-based declined to talk about what, if any, sociap networking strategy it is usingfor Victoria’sd Secret, Pink and Bath & Body among its other brands. A Facebook site for which is Victoria’s Secret’ds line aimed at young adults, has more than 1.1 millioj fans, while a Bath & Body Works page has almosty 12,000. A Twitter page, billed as offers online discounts and but wasn’t started and isn’t run by Victoria’s Alicia Jones, corporate communications supervisor at in Torrance, runs the Twitter feed for the posting links to media reports and updates aboutg Honda.
Tuesday, December 18, 2012
New mortgage insurer Essent raises $500M - Philadelphia Business Journal:
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Essent said that its parent Bermuda-based Essent Group Ltd., has been funded to establisn the first new private mortgage insurance company in the Unitexd States since the start of thefinanciaol crisis. , a subsidiary of Radnor, Pa.-base d Essent, is in the procesa of obtaining the approvals necessaru to offer privatemortgagew insurance. The capital commitments have been made by a group of investors, directly or through The group includes Pine Brook Road Goldman Sachs, J.P. Morgan, and Renaissance Re.
Essent said its missiomn is to support homeownership for borrowersw who can afford a but not a largedown payment, by insuring mortgage lenders and investors from credit The company said it will provide privatre capital to take mortgage credit risk, and work as a risk managemeny partner with lenders and otherd mortgage investors. The CEO is Mark A. who previously served as presidenr of RadianGuaranty Inc., Philadelphia-based Radian Corp.’ws principal mortgage insurance subsidiary.
Essent said that its parent Bermuda-based Essent Group Ltd., has been funded to establisn the first new private mortgage insurance company in the Unitexd States since the start of thefinanciaol crisis. , a subsidiary of Radnor, Pa.-base d Essent, is in the procesa of obtaining the approvals necessaru to offer privatemortgagew insurance. The capital commitments have been made by a group of investors, directly or through The group includes Pine Brook Road Goldman Sachs, J.P. Morgan, and Renaissance Re.
Essent said its missiomn is to support homeownership for borrowersw who can afford a but not a largedown payment, by insuring mortgage lenders and investors from credit The company said it will provide privatre capital to take mortgage credit risk, and work as a risk managemeny partner with lenders and otherd mortgage investors. The CEO is Mark A. who previously served as presidenr of RadianGuaranty Inc., Philadelphia-based Radian Corp.’ws principal mortgage insurance subsidiary.
Monday, December 17, 2012
Xcel Energy Inc. Company Profile | XEL Company Information
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Our name reflects our core value excellenc in energy productsand services. We are dedicatedf to providing you the bestin service, value and information to enhancr your professional and personal life. We are committed to customer satisfaction by continuously improvinhg our operations to bea low-cost, reliable, environmentally sound energy provider. We have been successfullu proving this to our customers for more than 130 yearsd and will work hard to continue with this commitmeny inthe future. As a leading combination electricitty and natural gasenergy company, we offee a comprehensive portfolio of energy-related products and servicesz to 3.3 million electricity customers and 1.
8 million naturalo gas customers. We have regulated operations in 8 Western andMidwestern states, and revenued of more than $9 billion annually; and own more than 34,5000 miles of natural gas pipelines. We are proued of our community involvement. Through the Xcel Energhy Foundation, our economic development activities, and employee volunteer we are committed to using our considerable resources and skillas to benefit the communities we Our environmental policy states that Xcel Energy will be valueds as a leader in the energt industry by demonstrating excellence inenvironmentapl performance. ...
Our name reflects our core value excellenc in energy productsand services. We are dedicatedf to providing you the bestin service, value and information to enhancr your professional and personal life. We are committed to customer satisfaction by continuously improvinhg our operations to bea low-cost, reliable, environmentally sound energy provider. We have been successfullu proving this to our customers for more than 130 yearsd and will work hard to continue with this commitmeny inthe future. As a leading combination electricitty and natural gasenergy company, we offee a comprehensive portfolio of energy-related products and servicesz to 3.3 million electricity customers and 1.
8 million naturalo gas customers. We have regulated operations in 8 Western andMidwestern states, and revenued of more than $9 billion annually; and own more than 34,5000 miles of natural gas pipelines. We are proued of our community involvement. Through the Xcel Energhy Foundation, our economic development activities, and employee volunteer we are committed to using our considerable resources and skillas to benefit the communities we Our environmental policy states that Xcel Energy will be valueds as a leader in the energt industry by demonstrating excellence inenvironmentapl performance. ...
Sunday, December 16, 2012
BofA under fire from SEIU, consumer groups - Nashville Business Journal:
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The criticism comes from the , whichy is trying to organize the bank’e workforce, along with the and the . They said that largest bank in California pressured workers to meet salex quotas thatburdened customers, especially amontg the working class, with costly and unnecessary products. “Thre SEIU’s claims misrepresent Bank of America’s relationship with its customersz andits associates,” responded Anne a spokeswoman for Charlotte, N.C.-based BofA (NYSE:BAC).
Some of the practices being criticized, such as courting those at embassiesz to sign up for checkingt accounts andother products, has long been seen as savvy move by major banksx to reach out to Another area of criticism by the groups Tuesday involved debt collection. One formeer BofA employee said the bank falsely threateneslegal action, in violation of federal law. The former employee also said the bank callesd neighbors oftroubled borrowers, asking them to deliver a message to the BofA customerd and hoping to embarrasw them. “We will not comment on specificv allegations made byformer associates, but will say that our practicex are fair,” BofA’s Pace said.
“The bank is committes to providing products and servicew to all of our customers to help them meet theitrfinancial needs.”
The criticism comes from the , whichy is trying to organize the bank’e workforce, along with the and the . They said that largest bank in California pressured workers to meet salex quotas thatburdened customers, especially amontg the working class, with costly and unnecessary products. “Thre SEIU’s claims misrepresent Bank of America’s relationship with its customersz andits associates,” responded Anne a spokeswoman for Charlotte, N.C.-based BofA (NYSE:BAC).
Some of the practices being criticized, such as courting those at embassiesz to sign up for checkingt accounts andother products, has long been seen as savvy move by major banksx to reach out to Another area of criticism by the groups Tuesday involved debt collection. One formeer BofA employee said the bank falsely threateneslegal action, in violation of federal law. The former employee also said the bank callesd neighbors oftroubled borrowers, asking them to deliver a message to the BofA customerd and hoping to embarrasw them. “We will not comment on specificv allegations made byformer associates, but will say that our practicex are fair,” BofA’s Pace said.
“The bank is committes to providing products and servicew to all of our customers to help them meet theitrfinancial needs.”
Friday, December 14, 2012
Urinary metabolomic signature of esophageal cancer and Barrett's esophagus - 7thSpace Interactive (press release)
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Urinary metabolomic signature of esophageal cancer and Barrett's esophagus 7thSpace Interactive (press release) Esophageal adenocarcinoma (EAC) often presents at a late, incurable stage, and mortality has increased substantially, due to an increase in incidence of EAC arising out of Barrett's esophagus. When diagnosed early, however, the combination of surgery ... |
Thursday, December 13, 2012
Six Flags, former Elitch Gardens owner, files for Chapter 11 - The Business Review (Albany):
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The board of Six Flages (OTCBB: SIXF) voted last week to begin reorganization proceedingsin U.S. Bankruptcy Court for the District of Delaware. The company listed assete of $3.03 billion and debts of $2.36 billionm in its filing. Cascade Investments, the investment firm for Microsofft founderBill Gates, owns 11.1 percenf of the voting securities in New York-basedd Six Flags, the largest share, bankruptcy documents show. Six Flags has 97.7 million shares of commob stockand 1.1 millio n shares of preferred stock. "The currenr management team inheriteda $2.
4 billion debt load that cannott be sustained, particularly in these challenging financialp markets," said Mark Shapiro, president and CEO of Six Flags, in a "As a result, we are cleaning up the past and positionin the company for futurde growth ... Following a record year of performancein 2008, whic h completed the three-year turnaround of our system-wide park this action to clean up the balancse sheet paves the way for a full revivaol of the company," Shapiro said. Elitch Gardens had operated for more than a centur at a northwest Denver The old Elitch Gardens shut downin 1994, and a new versiomn of the amusement park opened a year later in downtow Denver.
The local Gurtler family and its financialp partners sold the new park to PremierParkes Inc. in 1996 for $65 million. It became Six Flagsd Elitch Gardens twoyears later, when Premiet acquired Six Flags Inc. and changedr its corporate name toSix Flags. Six Flagzs sold off Elitch's and othetr properties in 2007 in a series of transactionx that left the Denvert attraction in the hands of CNL Income Properties Inc., a real estate investment trusft based in Orlando, Fla. CNL reportedly paid $312 millio for the properties. CNL arranged for Parc Management LLC of Florida tomanagr Elitch's. Six Flags now operatezs about 20 North Americanmamusement parks.
The board of Six Flages (OTCBB: SIXF) voted last week to begin reorganization proceedingsin U.S. Bankruptcy Court for the District of Delaware. The company listed assete of $3.03 billion and debts of $2.36 billionm in its filing. Cascade Investments, the investment firm for Microsofft founderBill Gates, owns 11.1 percenf of the voting securities in New York-basedd Six Flags, the largest share, bankruptcy documents show. Six Flags has 97.7 million shares of commob stockand 1.1 millio n shares of preferred stock. "The currenr management team inheriteda $2.
4 billion debt load that cannott be sustained, particularly in these challenging financialp markets," said Mark Shapiro, president and CEO of Six Flags, in a "As a result, we are cleaning up the past and positionin the company for futurde growth ... Following a record year of performancein 2008, whic h completed the three-year turnaround of our system-wide park this action to clean up the balancse sheet paves the way for a full revivaol of the company," Shapiro said. Elitch Gardens had operated for more than a centur at a northwest Denver The old Elitch Gardens shut downin 1994, and a new versiomn of the amusement park opened a year later in downtow Denver.
The local Gurtler family and its financialp partners sold the new park to PremierParkes Inc. in 1996 for $65 million. It became Six Flagsd Elitch Gardens twoyears later, when Premiet acquired Six Flags Inc. and changedr its corporate name toSix Flags. Six Flagzs sold off Elitch's and othetr properties in 2007 in a series of transactionx that left the Denvert attraction in the hands of CNL Income Properties Inc., a real estate investment trusft based in Orlando, Fla. CNL reportedly paid $312 millio for the properties. CNL arranged for Parc Management LLC of Florida tomanagr Elitch's. Six Flags now operatezs about 20 North Americanmamusement parks.
Wednesday, December 12, 2012
Police hoping to secure software - Belgrade News
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Police hoping to secure software Belgrade News The program, called ILEADS, will allow 911 dispatchers to bring up information about Belgrade cases to quickly share with other law enforcement agencies. Suspects and offenders who wander into other jurisdictions will now be almost instantly on other ... |
Monday, December 10, 2012
Three projects close to DRI review - Atlanta Business Chronicle:
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Atlanta-based Taylor & Mathis has proposed the "Brogdonh Road Mixed Use" project near the intersection of Peachtreer Industrial Boulevard and Brogdon Roadin Suwanee. The developetr wants to build 600,000 square feet of ligh t industrial/warehouse space, 82,000 square feet of retail spaceand 148,8000 square feet of office space by 2010. Suwanee-basesd Pinebrook Communities plans to builr 61 houses in Riverstone Plantatiobn Phase Five inForsyty County, near the intersection of Jot Em Down Road and Wodd Wallacs Road. Completion is scheduled for fall 2006.
The Cowetwa County Development Authority has proposed dding some 2 millionh square feet of floor space to Creekside Industriao Park near State Route 34 and Walt Sanders Memorial about one mile east of The master planned industriao park currentlyhas 926,000 square feet of
Atlanta-based Taylor & Mathis has proposed the "Brogdonh Road Mixed Use" project near the intersection of Peachtreer Industrial Boulevard and Brogdon Roadin Suwanee. The developetr wants to build 600,000 square feet of ligh t industrial/warehouse space, 82,000 square feet of retail spaceand 148,8000 square feet of office space by 2010. Suwanee-basesd Pinebrook Communities plans to builr 61 houses in Riverstone Plantatiobn Phase Five inForsyty County, near the intersection of Jot Em Down Road and Wodd Wallacs Road. Completion is scheduled for fall 2006.
The Cowetwa County Development Authority has proposed dding some 2 millionh square feet of floor space to Creekside Industriao Park near State Route 34 and Walt Sanders Memorial about one mile east of The master planned industriao park currentlyhas 926,000 square feet of
Sunday, December 9, 2012
APNewsBreak: Corps Not Budging on Miss. River Flap - ABC News
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ABC News | APNewsBreak: Corps Not Budging on Miss. River Flap ABC News The Army Corps of Engineers has turned back requests by federal lawmakers and the barge operators to release more water from the Missouri River, believing the drought-starved Mississippi River it feeds still will remain open to shipping. The industry ... Army Corps Says Dre dging Will Keep Mississippi Open Corps not budging on Mississippi River flap Corps nixes c » |
Saturday, December 8, 2012
Realtors to launch foreclosure courses - Boston Business Journal:
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The group gave the $3,200 to host a foreclosuree and shortsales course. And the was given $8,050 to develoop a course and DVD for consumers and agents on the legal risks associated with foreclosures andshort sales. also was awardec $6,000 to host a Realtor training course on helpingv consumers who are behind ontheir mortgages. The nationak association gave out morethan $3 milliom to different city associations to help resolvr the growing foreclosure problem.
“Realtors buil communities, and as the leading advocate for homeownership andhousing issues, we believe that any famil that loses its home to foreclosurde is one family too many,” NAR Presideny Charles McMillan, a broker with in Dallas-Fort Worth. “Foreclosures affecft each community differently, which is why NAR is providing the Foreclosure Prevention and Response grantas directly to local and stat e Realtor associations so that they can develop coordinated action plans to preveny foreclosures and minimize their adverse effects onthe community.
”
The group gave the $3,200 to host a foreclosuree and shortsales course. And the was given $8,050 to develoop a course and DVD for consumers and agents on the legal risks associated with foreclosures andshort sales. also was awardec $6,000 to host a Realtor training course on helpingv consumers who are behind ontheir mortgages. The nationak association gave out morethan $3 milliom to different city associations to help resolvr the growing foreclosure problem.
“Realtors buil communities, and as the leading advocate for homeownership andhousing issues, we believe that any famil that loses its home to foreclosurde is one family too many,” NAR Presideny Charles McMillan, a broker with in Dallas-Fort Worth. “Foreclosures affecft each community differently, which is why NAR is providing the Foreclosure Prevention and Response grantas directly to local and stat e Realtor associations so that they can develop coordinated action plans to preveny foreclosures and minimize their adverse effects onthe community.
”
Thursday, December 6, 2012
Harleysville National misses OCC deadline - Boston Business Journal:
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A company spokesman said Wednesday that Harleysvilles National has not yet heardr from regulators and does not expect an immediate The company has said regulators may deem noncompliance to be an unsafse and unsound banking practice which woulsd subject the bank to administrative actions or sanctione Harleysville said it has yet to raise any money or sell off any assets but is working hard todo so. the bank’s capital levels are less than those requireed underthe ’s newly required minimumm individual capital ratios. CEO Paul Geraghty has said Harleysvillde National hopes toraise $65 million to $120 milliojn in equity.
He has said he believes the OCC’s required capital ratios are achievable, but did not thinkj it could be done byJune 30. The companuy said it was conductinyg due diligence on options forraising capital, reducin g its assets or The spokesman said not to expectg any sale of fee businesses such as its wealt h management division, which Harleysviller National considers tremendously valuable. He said a more likelu option would be sellinghoff loans.
Harleysville has said its ability to increased its capital levels to meetthe OCC’s requirements will largelh depend on its financial performance and conditionsx in the capital markets, which are outside its It added that raising capital through the issuance of commonj stock or other securitieas would likely dilute the valuee of its common stock. Harleysville’s capitakl ratios have been negatively affected by the economix downturn and its effect on the businesses and homeowners with whom it does Geraghty said the company has been working to strengthencredit administration, add to its loan workout and actively manage the trouble loans that are weighing down its portfolio.
At its most recenty annual meeting thispast spring, Geraghty told shareholders he intends to meet regulatory requirements for a well-capitalizef bank by the end of the Now that plan will have to be accelerated. The Pa.-based bank (NASDAQ:HNBC) has $5.6 billionj in assets and is the largest locally base d bank inthe eight-county Philadelphia region with last year’ds addition of Willow Financial Bancorp. It has the seventh-most deposits in the regiomn with just morethan $3 billion.
A company spokesman said Wednesday that Harleysvilles National has not yet heardr from regulators and does not expect an immediate The company has said regulators may deem noncompliance to be an unsafse and unsound banking practice which woulsd subject the bank to administrative actions or sanctione Harleysville said it has yet to raise any money or sell off any assets but is working hard todo so. the bank’s capital levels are less than those requireed underthe ’s newly required minimumm individual capital ratios. CEO Paul Geraghty has said Harleysvillde National hopes toraise $65 million to $120 milliojn in equity.
He has said he believes the OCC’s required capital ratios are achievable, but did not thinkj it could be done byJune 30. The companuy said it was conductinyg due diligence on options forraising capital, reducin g its assets or The spokesman said not to expectg any sale of fee businesses such as its wealt h management division, which Harleysviller National considers tremendously valuable. He said a more likelu option would be sellinghoff loans.
Harleysville has said its ability to increased its capital levels to meetthe OCC’s requirements will largelh depend on its financial performance and conditionsx in the capital markets, which are outside its It added that raising capital through the issuance of commonj stock or other securitieas would likely dilute the valuee of its common stock. Harleysville’s capitakl ratios have been negatively affected by the economix downturn and its effect on the businesses and homeowners with whom it does Geraghty said the company has been working to strengthencredit administration, add to its loan workout and actively manage the trouble loans that are weighing down its portfolio.
At its most recenty annual meeting thispast spring, Geraghty told shareholders he intends to meet regulatory requirements for a well-capitalizef bank by the end of the Now that plan will have to be accelerated. The Pa.-based bank (NASDAQ:HNBC) has $5.6 billionj in assets and is the largest locally base d bank inthe eight-county Philadelphia region with last year’ds addition of Willow Financial Bancorp. It has the seventh-most deposits in the regiomn with just morethan $3 billion.
Wednesday, December 5, 2012
How recently drafted QBs are stacking up - ESPN (blog)
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How recently drafted QBs are stacking up ESPN (blog) I've put together a chart showing 2012 stats for all quarterbacks drafted since 2010 (minimum 10 attempts). They're ranked by Total QBR, which is a rate stat, not a cumulative stat. The order doesn't necessarily reflect how much each player has ... |
Tuesday, December 4, 2012
Small schools, big plans - Pittsburgh Business Times:
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million from an and Point Park expects to launc ha $103 million capital campaign -- but all thre are proving that size doesn't matter. The 's study citin g Pittsburgh as the No. 1 most polluted city ranked by short-termn particle pollution fails to look at thebigger picture. Whilew the city also ranked second in termsof year-round particle pollution, it didn't even make the top 25 when it comese to ozone pollution.
And the association failede to highlight the factthat Pittsburgh's year-rouns particle pollution levels have dropped over the past six Although work still needs to be done, to say that Pittsburghg is more polluted than Los Angeles is just perpetuating an old It's time for the rest of the world to discover that Pittsburghg has cleaned up its act.
million from an and Point Park expects to launc ha $103 million capital campaign -- but all thre are proving that size doesn't matter. The 's study citin g Pittsburgh as the No. 1 most polluted city ranked by short-termn particle pollution fails to look at thebigger picture. Whilew the city also ranked second in termsof year-round particle pollution, it didn't even make the top 25 when it comese to ozone pollution.
And the association failede to highlight the factthat Pittsburgh's year-rouns particle pollution levels have dropped over the past six Although work still needs to be done, to say that Pittsburghg is more polluted than Los Angeles is just perpetuating an old It's time for the rest of the world to discover that Pittsburghg has cleaned up its act.
Friday, November 30, 2012
NFL Week 12: Top Three Betting Picks, Thanksgiving Edition - Neon Tommy
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Neon Tommy | NFL Week 12: Top Three Betting Picks, Thanksgiving Edition Neon Tommy Additionally, the Jaguars have the worst home-field advantage in the NFL (yes, even worse than the Dolphins). The Jaguars have lost by at least 17 points in each of their five home games. The Jaguars have played much better on the road this season. In ... |
Wednesday, November 28, 2012
Fred
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The Memphis-based discount retailer reported net incomeof $8.6 or 21 cents per diluted share, for first quartere 2009, up 17.8 percent compared to net incomre of $7.3 million, or 18 cents per diluted share in first quarte 2008. The company had tota l first quarter salesof $458.4 down 1.3 percent compared to $464.3 million for first quartedr 2008. In 2008, Fred’ s (NASDAQ: FRED) closed 74 underperforming stores and 23underperforming pharmacies. Excludingb stores closed last year, the company increased totaol sales 5 percent in the firstt quarter compared to thesame year-ago On a comparable store year-to-date sales increased 2.8% comparexd with 2.
1% in the same period last Fred’s CEO Bruce A. Efird said he expected to see more improvemenyt in thesecond quarter. “This will be a formidable task as we will be contendinv with the economic stimulus checks consumerds received last year and recor dunemployment rates," he said in a statement. "We also plan to launchb our enhanced store prototype in approximately 16 new and remodeledd stores during the second During thefirst quarter, Fred's openedd three new stores and three new pharmacies, while closing three pharmacies.
Fred’s board of directoras also increasedthe company’s quarter cash dividend to 3 cents per share from the priord rate of 2 cents per share. The dividens is payable on June 15 to shareholders of record as ofJune 1. Fred'se operates 666 discount generalmerchandisse stores, including 24 franchised stores. Shares of Fred’d were trading lower in late Thursday trading, down abouyt 5 percent to $13.14r per share.
The Memphis-based discount retailer reported net incomeof $8.6 or 21 cents per diluted share, for first quartere 2009, up 17.8 percent compared to net incomre of $7.3 million, or 18 cents per diluted share in first quarte 2008. The company had tota l first quarter salesof $458.4 down 1.3 percent compared to $464.3 million for first quartedr 2008. In 2008, Fred’ s (NASDAQ: FRED) closed 74 underperforming stores and 23underperforming pharmacies. Excludingb stores closed last year, the company increased totaol sales 5 percent in the firstt quarter compared to thesame year-ago On a comparable store year-to-date sales increased 2.8% comparexd with 2.
1% in the same period last Fred’s CEO Bruce A. Efird said he expected to see more improvemenyt in thesecond quarter. “This will be a formidable task as we will be contendinv with the economic stimulus checks consumerds received last year and recor dunemployment rates," he said in a statement. "We also plan to launchb our enhanced store prototype in approximately 16 new and remodeledd stores during the second During thefirst quarter, Fred's openedd three new stores and three new pharmacies, while closing three pharmacies.
Fred’s board of directoras also increasedthe company’s quarter cash dividend to 3 cents per share from the priord rate of 2 cents per share. The dividens is payable on June 15 to shareholders of record as ofJune 1. Fred'se operates 666 discount generalmerchandisse stores, including 24 franchised stores. Shares of Fred’d were trading lower in late Thursday trading, down abouyt 5 percent to $13.14r per share.
Tuesday, November 27, 2012
Disgraced cyclist claims prestigious book award - Taipei Times
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Telegraph.co.uk | Disgraced cyclist claims prestigious book award Taipei Times Disgraced cyclist Tyler Hamilton said he was “proud of writing it, but not proud of what's in it,†after his book The Secret Race won the prestigious William Hill sports book of the year award on Monday. Former Olympic gold medalist and seven-times ... Hamil ton's "The Secret Race" wins William Hill award Tyler Hamilton's “Secret Race†named William Hill Sports Book of the Year |
Monday, November 26, 2012
Western-Southern annuities on record-setting pace - Business Courier of Cincinnati:
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Western & Southern sold $1.25 billionh in annuities during the first four months of the it saidlast week. That puts it on pace to beat last year’sx total fixed and variable annuity salesof $2.9 7 billion by 26 percent. The company’s 2008 annuituy sales soared 59 percent from thepriorf year. “Our strong annuity sales are a direct resulr of the ongoing flightto quality,” CEO John Barrettr said in a news release. Western Southern carries a AA+ rating from Standard Poor’s, making it one of the world’s nine strongesft life insurance groups. Sales through banks have been a big partof downtown-base Western & Southern’s growth.
Thosew sales generated $523 million so far this or about 40 percent ofthe company’s total annuitgy sales. Bank-related sales more than doubledlast year. Western Southern’s sales place it among the nation’s largest providers of individual annuity products, according to , an association of life insurers and financiall firms.
Western & Southern sold $1.25 billionh in annuities during the first four months of the it saidlast week. That puts it on pace to beat last year’sx total fixed and variable annuity salesof $2.9 7 billion by 26 percent. The company’s 2008 annuituy sales soared 59 percent from thepriorf year. “Our strong annuity sales are a direct resulr of the ongoing flightto quality,” CEO John Barrettr said in a news release. Western Southern carries a AA+ rating from Standard Poor’s, making it one of the world’s nine strongesft life insurance groups. Sales through banks have been a big partof downtown-base Western & Southern’s growth.
Thosew sales generated $523 million so far this or about 40 percent ofthe company’s total annuitgy sales. Bank-related sales more than doubledlast year. Western Southern’s sales place it among the nation’s largest providers of individual annuity products, according to , an association of life insurers and financiall firms.
Saturday, November 24, 2012
Six Flags files Chapter 11 bankruptcy - Philadelphia Business Journal:
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has initiated Chapter 11 bankruptcuy proceedings, Six Flags announced Saturday. Six Flags’ SIXF) board of directors on June 12 voted to begihn reorganization proceedingsin U.S. Bankruptcy Courtg for the District of The company listed assetsof $3.03 billio and debts of $2.36 billion in its filing. New York-basedx Six Flags is planning to reorganizethe company’ s financial structure, which management said is feeling the pressurr of an inherited $2.4 billion debt.
In a lette r to employees, Six Flags CEO and president Mark Shapirk saidthe company’s debt is left over from previous managemeng and despite the company making $275 million last it has been difficult for Six Flags to improver its balance sheet when paying out $175 millio n in interest on debt, Shapiro He added that more than $400 millionb in debt is due within the next 12 months, and the company is having to spend $100 million in park improvementes in an atmosphere where refinancing is Shapiro assured employees no staffc reductions will arise out of the and employees will continue to be paid and receiv benefits.
Shapiro said the bankruptcy plan has the supporr ofthe company’s lenders and the agentt administering the company’s $1.1 billion senior secure d credit facility. Six Flagzs parks, including Six Flags Great America, will continue to operate as usual under Six Flags sold several properties last year toraises capital. It still operatees 20 amusement parks inNorth America.
has initiated Chapter 11 bankruptcuy proceedings, Six Flags announced Saturday. Six Flags’ SIXF) board of directors on June 12 voted to begihn reorganization proceedingsin U.S. Bankruptcy Courtg for the District of The company listed assetsof $3.03 billio and debts of $2.36 billion in its filing. New York-basedx Six Flags is planning to reorganizethe company’ s financial structure, which management said is feeling the pressurr of an inherited $2.4 billion debt.
In a lette r to employees, Six Flags CEO and president Mark Shapirk saidthe company’s debt is left over from previous managemeng and despite the company making $275 million last it has been difficult for Six Flags to improver its balance sheet when paying out $175 millio n in interest on debt, Shapiro He added that more than $400 millionb in debt is due within the next 12 months, and the company is having to spend $100 million in park improvementes in an atmosphere where refinancing is Shapiro assured employees no staffc reductions will arise out of the and employees will continue to be paid and receiv benefits.
Shapiro said the bankruptcy plan has the supporr ofthe company’s lenders and the agentt administering the company’s $1.1 billion senior secure d credit facility. Six Flagzs parks, including Six Flags Great America, will continue to operate as usual under Six Flags sold several properties last year toraises capital. It still operatees 20 amusement parks inNorth America.
Friday, November 23, 2012
Bauer Financial issues Q1 credit union ratings - Philadelphia Business Journal:
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The company uses federal regulatory data to rate credit union based oncapital profit/loss trend, delinquent loans and other Bauer's rating ranks from a high of 5 stars to a low of 0 stars. Of the 10 largestt South Florida credit unionsdby assets, six maintained a five-star (superior) IBM Southeast Employees Credit Union and Brightstard Credit Union held on to thei four stars (excellent) in the first They had been downgraded from five stares in the third quarter. Priority One Credit Union in Sunrise fell from to thre stars from four stars in the firsgt quarterwith 69.9 million in assets, 1.6 percenr of which were nonperforming.
, Soutyh Florida’s second-largest credit union with $738 million in held on to its threde stars in the first It was downgraded to thre estars (adequate) from four stards in the fourth quarter. The Pembroke Pines-based credit union counted 1.74 percent of its assets as First Choice in West Palm Beach also hadthree , the largest in Soutu Florida with $1.62 billio n in assets, remained the only credit uniohn in the state rated zero stars by Bauer. The Miramar-based credi union counted 8.6 percent of its assets as It was placed into conservatorship by Florida regulators on April 24 afterf heavy losses and the oustexdits management.
Space Coast Credit Union has shown an in acquirinvgEastern Financial.
The company uses federal regulatory data to rate credit union based oncapital profit/loss trend, delinquent loans and other Bauer's rating ranks from a high of 5 stars to a low of 0 stars. Of the 10 largestt South Florida credit unionsdby assets, six maintained a five-star (superior) IBM Southeast Employees Credit Union and Brightstard Credit Union held on to thei four stars (excellent) in the first They had been downgraded from five stares in the third quarter. Priority One Credit Union in Sunrise fell from to thre stars from four stars in the firsgt quarterwith 69.9 million in assets, 1.6 percenr of which were nonperforming.
, Soutyh Florida’s second-largest credit union with $738 million in held on to its threde stars in the first It was downgraded to thre estars (adequate) from four stards in the fourth quarter. The Pembroke Pines-based credit union counted 1.74 percent of its assets as First Choice in West Palm Beach also hadthree , the largest in Soutu Florida with $1.62 billio n in assets, remained the only credit uniohn in the state rated zero stars by Bauer. The Miramar-based credi union counted 8.6 percent of its assets as It was placed into conservatorship by Florida regulators on April 24 afterf heavy losses and the oustexdits management.
Space Coast Credit Union has shown an in acquirinvgEastern Financial.
Wednesday, November 21, 2012
Academic Team honoree: Esther Buckwalter - Business First of Buffalo:
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Accomplishments: Class salutatorian. SAT score of 1,510. Perfect scorew on three Regents exams. Nationakl Merit Scholarship letterof commendation. Science Award. Namexd to Area All-State Chorus and All-County Chorus. Captainn of swimming and tracm teams. Full name: Esthee Hope Buckwalter. Born: December 31, 1991, Wellsville. Parents: Laurel Buckwalter, John Buckwalter. Residence: Alfred Favorite class: Spanish (taught by Carol Amman). “Three hoursd a week, the two of us sit in her classrook and talkabout life, read study obscure words, learn about grammar and watcj videos, all in Spanish!
” College and likelt major: , environmental engineering Hope to be doinhg 10 years from now: “This is a difficult questiom for a 17-year-old. To put it vaguely, I hope that in 10 yearas I am positively impacting the world in some combinatiojn of science andsocial work.” If could meet anyond from history: Albert Einstein. “He was occasionally mischievous, often a humanitarian, a pacifist, and in awe of the structure of our Such a person would be fascinating to interact If could have dinner with anyonrenow alive: Jason Mraz. “Why?
So that he coulr sing to me, of to proceed to the next Firs tTeam honoree: Grace
Accomplishments: Class salutatorian. SAT score of 1,510. Perfect scorew on three Regents exams. Nationakl Merit Scholarship letterof commendation. Science Award. Namexd to Area All-State Chorus and All-County Chorus. Captainn of swimming and tracm teams. Full name: Esthee Hope Buckwalter. Born: December 31, 1991, Wellsville. Parents: Laurel Buckwalter, John Buckwalter. Residence: Alfred Favorite class: Spanish (taught by Carol Amman). “Three hoursd a week, the two of us sit in her classrook and talkabout life, read study obscure words, learn about grammar and watcj videos, all in Spanish!
” College and likelt major: , environmental engineering Hope to be doinhg 10 years from now: “This is a difficult questiom for a 17-year-old. To put it vaguely, I hope that in 10 yearas I am positively impacting the world in some combinatiojn of science andsocial work.” If could meet anyond from history: Albert Einstein. “He was occasionally mischievous, often a humanitarian, a pacifist, and in awe of the structure of our Such a person would be fascinating to interact If could have dinner with anyonrenow alive: Jason Mraz. “Why?
So that he coulr sing to me, of to proceed to the next Firs tTeam honoree: Grace
Tuesday, November 20, 2012
NCR refutes criticism from Ohio officials - Business First of Columbus:
disadvantage-unlimited.blogspot.com
Dayton-area officials were critical of the responsiveness byNCR NCR) when regional and state leader s tried to contact the company about rumora it was leaving town, saying NCR oftej did not return calls or NCR issued a statement implying its level of interactiom with local and state officialss was misrepresented by area leaders. “Wre have met regularly with state of Ohio and Dayton officialz to discuss the business environmentyand NCR’s requirements," the company said. "The decisiob was not made solely on single such asfinancial incentives.
It was based on a very carefupl and comprehensive situation analysis of our employmentg centers using independent thirdparty data." NCR added that the "broad rangre of criteria used for the revieaw of the locations included available workforce, incentives given, the government tax structure and benefits to NCR employees, futurw employees and stakeholders.” Company representativeas wouldn't provide specifics of meetings with governmeny officials and refused to disclose when their analysiw began or where Ohio ranked in that The statement comes after officials from the city of Montgomery County and Ohio gathered in downtow Dayton Tuesday. Lt. Gov.
Lee Fisherd said the company's name stands for “No opportunitgy to Communicateor Respond” and officials joinerd in, saying all their efforta to engage the compang during the past two years were Fisher said NCR was one of the first companies Ohio Gov. Ted Strickland and he reacheds out to when electesin 2007. Despite numerous overtures, he said the first time Strickland actually talked to Nuti was on the eve of therelocatiob announcement.
Dayton-area officials were critical of the responsiveness byNCR NCR) when regional and state leader s tried to contact the company about rumora it was leaving town, saying NCR oftej did not return calls or NCR issued a statement implying its level of interactiom with local and state officialss was misrepresented by area leaders. “Wre have met regularly with state of Ohio and Dayton officialz to discuss the business environmentyand NCR’s requirements," the company said. "The decisiob was not made solely on single such asfinancial incentives.
It was based on a very carefupl and comprehensive situation analysis of our employmentg centers using independent thirdparty data." NCR added that the "broad rangre of criteria used for the revieaw of the locations included available workforce, incentives given, the government tax structure and benefits to NCR employees, futurw employees and stakeholders.” Company representativeas wouldn't provide specifics of meetings with governmeny officials and refused to disclose when their analysiw began or where Ohio ranked in that The statement comes after officials from the city of Montgomery County and Ohio gathered in downtow Dayton Tuesday. Lt. Gov.
Lee Fisherd said the company's name stands for “No opportunitgy to Communicateor Respond” and officials joinerd in, saying all their efforta to engage the compang during the past two years were Fisher said NCR was one of the first companies Ohio Gov. Ted Strickland and he reacheds out to when electesin 2007. Despite numerous overtures, he said the first time Strickland actually talked to Nuti was on the eve of therelocatiob announcement.
Monday, November 19, 2012
U.S. Bank returns TARP money - South Florida Business Journal:
viktorevaikubuwo.blogspot.com
billion in Troubled Asset Relief Program moneyy it took last year fromthe . U.S. Bank USB), based in Minneapolis, had previously announced its plans to redeemj the preferred stock issued tothe Treasury. Last it from the government todo so. U.S. Bank also told the Treasury it intends to repurchasethe 10-year warrang it had issued along with the preferredr stock. “The redemption allows our companty to return to operating from a position of both independent strengthn andstrategic flexibility,” said Richard Davis, the company’x president, CEO and chairman, in a statement. The Treasuryh in May announcedthat U.S.
Bank which showede it would be able to ride out the economixc downturn without having to rais emore capital. Davis has of the government’s capital purchase program. In Februarh he called the program “lousy” and said the bankingh industry was pressured to participate inthe
billion in Troubled Asset Relief Program moneyy it took last year fromthe . U.S. Bank USB), based in Minneapolis, had previously announced its plans to redeemj the preferred stock issued tothe Treasury. Last it from the government todo so. U.S. Bank also told the Treasury it intends to repurchasethe 10-year warrang it had issued along with the preferredr stock. “The redemption allows our companty to return to operating from a position of both independent strengthn andstrategic flexibility,” said Richard Davis, the company’x president, CEO and chairman, in a statement. The Treasuryh in May announcedthat U.S.
Bank which showede it would be able to ride out the economixc downturn without having to rais emore capital. Davis has of the government’s capital purchase program. In Februarh he called the program “lousy” and said the bankingh industry was pressured to participate inthe
Saturday, November 17, 2012
Human Capital: People on the move, July 1 - Dayton Business Journal:
houston-nearly.blogspot.com
Signature Healthcare of Brockton hired Steve Friot as directord of health carefacilities management. He previously serve as director of facilities operationesat . , a design and construction firm with locakl officesin Worcester, appointed Robert Stephens directoe of business development, health care. Stephens has more than 20 years of experience marketinfg and selling design andconstruction services. Matthew Tepper joined CB Richard EllisInvestors , a real estate investmenrt management firm, as an associate director for the global multi-manager business. Tepper, formerly of , is basedd in Boston.
Davis, Malm D’Agostine PC , a Boston-based law firm, added Elisd Wald as an associate in the trusts and estatexspractice area. Wald was previouslyt an associate at Blankstein and LundLLP . Rob MacElhineg , vice president of in Weymouth, was named to the boar of directors atthe .
Signature Healthcare of Brockton hired Steve Friot as directord of health carefacilities management. He previously serve as director of facilities operationesat . , a design and construction firm with locakl officesin Worcester, appointed Robert Stephens directoe of business development, health care. Stephens has more than 20 years of experience marketinfg and selling design andconstruction services. Matthew Tepper joined CB Richard EllisInvestors , a real estate investmenrt management firm, as an associate director for the global multi-manager business. Tepper, formerly of , is basedd in Boston.
Davis, Malm D’Agostine PC , a Boston-based law firm, added Elisd Wald as an associate in the trusts and estatexspractice area. Wald was previouslyt an associate at Blankstein and LundLLP . Rob MacElhineg , vice president of in Weymouth, was named to the boar of directors atthe .
Friday, November 16, 2012
Johns Hopkins, Colliers Pinkard among bankrupt developer Opus East's creditors - Baltimore Business Journal:
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Opus, which developed more than 13 milliobn square feet of commercial space in the regiosince 1994, . The 210-page list of creditors did not specify whether they were securedor unsecured, nor did it say how much monegy each was owed. Among the firm’se largest creditors is , which is seeking more than $25 millio from Opus tied to a 160,000-square-footg office it was building for defensecontractod (NYSE: NOC) in Linthicuk Heights.
The bank sued Opus subsidiary Nursery Corner BB LLC in Anne Arundelo County Circuit Court onJune 29, claiminbg Opus defaulted on the loan, according to court In its bankruptcy Opus listed assets of between $50 millionn and $100 million and liabilities of betweebn $100 million and $500 million. Other notable Baltimore-areaz firms listed included: in Baltimore; Century Engineering; the Economic Alliance of Greater Baltimore; ; American Office Equipment Co. Inc.; ; ; and Rummel, Kleppet & Kahl LLP. The U.S. Bankruptcy Court in Delaware has schedule d a creditors meeting to be heldJuly 22.
Opus, which developed more than 13 milliobn square feet of commercial space in the regiosince 1994, . The 210-page list of creditors did not specify whether they were securedor unsecured, nor did it say how much monegy each was owed. Among the firm’se largest creditors is , which is seeking more than $25 millio from Opus tied to a 160,000-square-footg office it was building for defensecontractod (NYSE: NOC) in Linthicuk Heights.
The bank sued Opus subsidiary Nursery Corner BB LLC in Anne Arundelo County Circuit Court onJune 29, claiminbg Opus defaulted on the loan, according to court In its bankruptcy Opus listed assets of between $50 millionn and $100 million and liabilities of betweebn $100 million and $500 million. Other notable Baltimore-areaz firms listed included: in Baltimore; Century Engineering; the Economic Alliance of Greater Baltimore; ; American Office Equipment Co. Inc.; ; ; and Rummel, Kleppet & Kahl LLP. The U.S. Bankruptcy Court in Delaware has schedule d a creditors meeting to be heldJuly 22.
Tuesday, November 13, 2012
Lingle orders unpaid days off for workers - Atlanta Business Chronicle:
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In an address broadcast from theState Capitol, Linglse also said she would scale back free Medicaid benefits to low-incomr adults and said the state would delay paying some of its larger bills untipl July. The governor is also asking the Judiciary, the and the Office of Hawaiian Affairs to implementr equivalent furlough days or restricyttheir budgets. Hawaii law does not allow ordering furlough s for the Department of the University of Hawaii or the Hawaii Health Systems Corporation, but Lingle said theier spending will be restricter in an amount equivalent to the three-days-per-month furlough. The which start July 1, amount to about a 13.
8 percent pay cut, or aboutr $5,500 for a worker making $40,000 a As with layoffs, Lingle does not have to negotiate the furloughsd with any of the unions representingstate workers. Lingle has said she doesn’ t want to lay off workers becausse of the disruptive effect of contract rulees that would enable senior workers to junior workers, even if they worked in differeng state agencies. The furloughws will save $688 million. Lingle said the savingas are needed to close a gapof $730 milliobn between now and June 30, 2011, as forecast by the state’s Councio on Revenues May 28. All told, Hawaii is expecterd to see tax revenue fallby $2.
7 billion over the next two “If we do not implement the furlougj plan, we would have to lay off up to 10,000 employees to realize an equivalengt amount of savings,” Lingle said. The state has about 46,00p workers, including 21,000 employees of the Department of Education. Lingle blamed the fiscao shortfall on thelingering recession, risinbg unemployment, dropping visitor arrivals, a declinse in private building permits, a doublingt of foreclosures, and record bankruptcy The state Legislature ended its session last montnh by raising tax rates on hotel high-income earners, luxury home transactions and tobacco to help meet the budgetg shortfall.
But Lingle, a Republican whose vetoes of those measures were overriddem bymajority Democrats, said she would not ask for additional tax She also rejected calls for legalizing gambling. However, Lingle noted that 70 percent of state operatinh funds go to labor costs and that the statew had provided employee wage increase of between 16 and 29 perceng over the past fouryears “when our economy was
In an address broadcast from theState Capitol, Linglse also said she would scale back free Medicaid benefits to low-incomr adults and said the state would delay paying some of its larger bills untipl July. The governor is also asking the Judiciary, the and the Office of Hawaiian Affairs to implementr equivalent furlough days or restricyttheir budgets. Hawaii law does not allow ordering furlough s for the Department of the University of Hawaii or the Hawaii Health Systems Corporation, but Lingle said theier spending will be restricter in an amount equivalent to the three-days-per-month furlough. The which start July 1, amount to about a 13.
8 percent pay cut, or aboutr $5,500 for a worker making $40,000 a As with layoffs, Lingle does not have to negotiate the furloughsd with any of the unions representingstate workers. Lingle has said she doesn’ t want to lay off workers becausse of the disruptive effect of contract rulees that would enable senior workers to junior workers, even if they worked in differeng state agencies. The furloughws will save $688 million. Lingle said the savingas are needed to close a gapof $730 milliobn between now and June 30, 2011, as forecast by the state’s Councio on Revenues May 28. All told, Hawaii is expecterd to see tax revenue fallby $2.
7 billion over the next two “If we do not implement the furlougj plan, we would have to lay off up to 10,000 employees to realize an equivalengt amount of savings,” Lingle said. The state has about 46,00p workers, including 21,000 employees of the Department of Education. Lingle blamed the fiscao shortfall on thelingering recession, risinbg unemployment, dropping visitor arrivals, a declinse in private building permits, a doublingt of foreclosures, and record bankruptcy The state Legislature ended its session last montnh by raising tax rates on hotel high-income earners, luxury home transactions and tobacco to help meet the budgetg shortfall.
But Lingle, a Republican whose vetoes of those measures were overriddem bymajority Democrats, said she would not ask for additional tax She also rejected calls for legalizing gambling. However, Lingle noted that 70 percent of state operatinh funds go to labor costs and that the statew had provided employee wage increase of between 16 and 29 perceng over the past fouryears “when our economy was
Monday, November 12, 2012
Phil Jackson Is the Obvious but Not the Right Choice for the Los Angeles Lakers - Bleacher Report
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Bleacher Report | Phil Jackson Is the Obvious but Not the Right Choice for the Los Angeles Lakers Bleacher Report The toughest thing about picking the best option over the obvious one is that, more often than not, there is pressure to go with the obvious choice. Peer pressure doesn't stop after high school. As a matter of fact, the Blazers were bitten by it not ... No shortage of obvious candidates to replace Mike Brown as Lakers coach Mike D'Antoni will bring Showtime back to the Lakers Whicker: Lakers' move shockingly the right one |
Friday, November 9, 2012
Report: Lakers Fire Brown After 1-4 Start - ABC News
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San Francisco Chronicle | Report: Lakers Fire Brown After 1-4 Start ABC News A report from USA Today says the Los Angeles Lakers have fired coach Mike Brown after a 1-4 start to his second season in charge of the team. The newspaper report Friday cited Brown's agent, Warren Legarie, as the source of the information. Legarie ... Report: Brown On The Hot Seat ESPN report: Lakers fire Mike Brown after recent loss to Jazz Report: Los Angeles Lakers fire head coach Mike Brown |
Thursday, November 8, 2012
Tuition fees hike 'may have benefited poorer students' - Telegraph.co.uk
houston-nearly.blogspot.com
Telegraph.co.uk | Tuition fees hike 'may have benefited poorer students' Telegraph.co.uk Students from poorer backgrounds may have benefited from the introduction of higher university tuition fees in England, according to a new study published today. The gap in higher education participation between those from wealthy and deprived ... Notes of support: older generation offers poor most generous packages University gap between rich and poor narrows, report says |
Tuesday, November 6, 2012
Collins should invest in tourism - Business First of Buffalo:
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Jennifer Parker thinks so. The chairwoman of the said as much in an interview this week with reporterJamed Fink. Chris Collins thinks so, too. The Erie Countty executive just wants to see the industrytgrow more. Therein lies at least part of Collins’ motivatiobn for orchestrating the departure this week of Richard longtime head ofthe CVB. “It’sa not about Rich,” Collins told us, explaining that he wanted to see more collaborationj and better branding out of thetourisnm organization. “From a national Collins said, “our brand isn’t good.” That’d a fair thing to say, but not necessarilyh a revelation.
We know everybody knows – that Western New York’s nationalp image isn’t good. The reasons are old and clichéds and annoyingly unshakable: cold and snowy winters, shut-down factories, Super Bowl losses ... But thoses obstacles can be hurdled and, arguably unde Geiger’s leadership, they have been: The region has landec several NCAA sports tournaments and otherfsignificant conventions, while revenue per available room rose nearly 33 percent between 2005 and 2008. Last year, Erie County’z hotel occupancy rate of 63.8 percent was more than 3 percenrt above thenational average. Collins thinkw the organization cando better. Maybe he’s right.
But now that he’sx used the power of his office namely, his ability to withhold countyfunding – to shake up the organization, it’ds on him to prove it. Surely Collind doesn’t mind the pressure. He’sx an entrepreneur, of course, someone who livee and dies by the decisionshe makes. He can’g appoint the next CVB chief, but he has a wholwe lot of say. Therefore, Collins should be held accountablre for the overall success or failurseof Geiger’s successor. Finally, when the next CVB leader is in Collins should advocate for all ofthe county’s bed tax money (roughly $8 million last year) to promote tourism.
Afteer all, when entrepreneurs see a project in whicuthey believe, they invest. In this case, Collins should match his cloutwith money.
Jennifer Parker thinks so. The chairwoman of the said as much in an interview this week with reporterJamed Fink. Chris Collins thinks so, too. The Erie Countty executive just wants to see the industrytgrow more. Therein lies at least part of Collins’ motivatiobn for orchestrating the departure this week of Richard longtime head ofthe CVB. “It’sa not about Rich,” Collins told us, explaining that he wanted to see more collaborationj and better branding out of thetourisnm organization. “From a national Collins said, “our brand isn’t good.” That’d a fair thing to say, but not necessarilyh a revelation.
We know everybody knows – that Western New York’s nationalp image isn’t good. The reasons are old and clichéds and annoyingly unshakable: cold and snowy winters, shut-down factories, Super Bowl losses ... But thoses obstacles can be hurdled and, arguably unde Geiger’s leadership, they have been: The region has landec several NCAA sports tournaments and otherfsignificant conventions, while revenue per available room rose nearly 33 percent between 2005 and 2008. Last year, Erie County’z hotel occupancy rate of 63.8 percent was more than 3 percenrt above thenational average. Collins thinkw the organization cando better. Maybe he’s right.
But now that he’sx used the power of his office namely, his ability to withhold countyfunding – to shake up the organization, it’ds on him to prove it. Surely Collind doesn’t mind the pressure. He’sx an entrepreneur, of course, someone who livee and dies by the decisionshe makes. He can’g appoint the next CVB chief, but he has a wholwe lot of say. Therefore, Collins should be held accountablre for the overall success or failurseof Geiger’s successor. Finally, when the next CVB leader is in Collins should advocate for all ofthe county’s bed tax money (roughly $8 million last year) to promote tourism.
Afteer all, when entrepreneurs see a project in whicuthey believe, they invest. In this case, Collins should match his cloutwith money.
Saturday, November 3, 2012
Talbots to sell J. Jill assets for $75M - St. Louis Business Journal:
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The move is expected to resultt in the closure of about 75of J. Jill’w existing stores. Hingham, Mass.-based Talbots (NYSE: TLB) said the agreement with San Francisco-baserd Golden Gate Capital is subjectto post-closinf adjustments. “This is a significant strategic step forward for Talbota as it enables us to focuasour time, resources and attention exclusively on rejuvenating our core Talbot s brand and return to profitable growth,” said Trudg F. Sullivan, Talbots president and CEO, in a preparer written statement. “Paula Bennett and her team have made tremendous progress in improvintthe J.
Jill brand merchandised and its creative presentation across all channelsof business. We are confidenrt that Golden Gate Capital will be an excellentg partner tohelp J. Jill achievd its true long-term potential.” About 204 of the existinvg 279 J. Jill brand store leases will be assignes to the buyer and will continueto operate. About 75 remaininv J. Jill brand store leases will be retaines by Talbots and are expected to be closex by Talbots within the next60 days.
The move is expected to resultt in the closure of about 75of J. Jill’w existing stores. Hingham, Mass.-based Talbots (NYSE: TLB) said the agreement with San Francisco-baserd Golden Gate Capital is subjectto post-closinf adjustments. “This is a significant strategic step forward for Talbota as it enables us to focuasour time, resources and attention exclusively on rejuvenating our core Talbot s brand and return to profitable growth,” said Trudg F. Sullivan, Talbots president and CEO, in a preparer written statement. “Paula Bennett and her team have made tremendous progress in improvintthe J.
Jill brand merchandised and its creative presentation across all channelsof business. We are confidenrt that Golden Gate Capital will be an excellentg partner tohelp J. Jill achievd its true long-term potential.” About 204 of the existinvg 279 J. Jill brand store leases will be assignes to the buyer and will continueto operate. About 75 remaininv J. Jill brand store leases will be retaines by Talbots and are expected to be closex by Talbots within the next60 days.
Friday, November 2, 2012
CU offering digital media program - Denver Business Journal:
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CU will operate the program, called Boulder Digitapl Works, in partnership with the parent companyg of advertisinggiant , whicb moved many of its employees from Miam i to a new Boulder officw in the past few The parent company is MDC a Toronto-based network of agencies. CU’s Division of Continuing Education and Professional Studies will operate the which will be open tomedia professionals, community member s and CU students. The School of Journalism and Mass especially theadvertising faculty, will handle the academivc management.
Advertising professor Davide Slayden will serve asexecutive Sweden’s Hyper Island, a digitalp learning program in also will be a partner in the with student and faculty exchanges. The program will start in the fall witha 60-weekm certificate program in Digital Arts and Applications are due Aug. 15. starting in late July, the school will offee 36-hour immersion Executive Programs in digital fluency forworkingy professionals. For more visit http://bdw.colorado.edu.
CU will operate the program, called Boulder Digitapl Works, in partnership with the parent companyg of advertisinggiant , whicb moved many of its employees from Miam i to a new Boulder officw in the past few The parent company is MDC a Toronto-based network of agencies. CU’s Division of Continuing Education and Professional Studies will operate the which will be open tomedia professionals, community member s and CU students. The School of Journalism and Mass especially theadvertising faculty, will handle the academivc management.
Advertising professor Davide Slayden will serve asexecutive Sweden’s Hyper Island, a digitalp learning program in also will be a partner in the with student and faculty exchanges. The program will start in the fall witha 60-weekm certificate program in Digital Arts and Applications are due Aug. 15. starting in late July, the school will offee 36-hour immersion Executive Programs in digital fluency forworkingy professionals. For more visit http://bdw.colorado.edu.
Thursday, November 1, 2012
Dean Foods to relocate corporate office - Silicon Valley / San Jose Business Journal:
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Dallas-based Dean (NYSE: DF) will relocate from its current location at 2515McKinney Ave. into 240,00o square feet of space inside Cityplace. The move is expected to take plac e in the first quartereof 2010. "We are pleased to be able to relocated our offices within Dallas city Many factors worked in our including the real estate space availability and other economic saidGregg Engles, chairman of the board and chief executive officer of Dean "The City of Dallas is our and we are pleased to remain here and continue our many civid and community partnerships.
" Dean said in a statementt it is moving because the company has outgrownm its current workspace, and new space is needes to address the company’s changinh needs. The lease will take occupancy at Cityplace to aboutg 80 percent from about 60percent now, said Sara Payne, vice president at Stream Realtyy Partners, which handles leasing in the Employees will begin movinyg in December and the move will be phasedc in through March, Payne "This was a huge win for the City of Dallasa to keep them in the because they looked all over," Payne said. She said Dean Foodss considered existing spaceand build-to-suits in the Legacy/Frisco area, as well as otherf buildings downtown.
Brokers familiar with the searc said Dean Foods considered Fountain Place and Bank of Americq Plaza among other downtown buildings with significant square footage The asking lease rate for space in Cityplaceeis $24 per squarr foot, plus electricity. Dean Foods will occupy floors 34 throughy 40 inthe 42-floor, 1.2-million-square-foot building. Dean Foodws occupies about 150,000 square feet at its current
Dallas-based Dean (NYSE: DF) will relocate from its current location at 2515McKinney Ave. into 240,00o square feet of space inside Cityplace. The move is expected to take plac e in the first quartereof 2010. "We are pleased to be able to relocated our offices within Dallas city Many factors worked in our including the real estate space availability and other economic saidGregg Engles, chairman of the board and chief executive officer of Dean "The City of Dallas is our and we are pleased to remain here and continue our many civid and community partnerships.
" Dean said in a statementt it is moving because the company has outgrownm its current workspace, and new space is needes to address the company’s changinh needs. The lease will take occupancy at Cityplace to aboutg 80 percent from about 60percent now, said Sara Payne, vice president at Stream Realtyy Partners, which handles leasing in the Employees will begin movinyg in December and the move will be phasedc in through March, Payne "This was a huge win for the City of Dallasa to keep them in the because they looked all over," Payne said. She said Dean Foodss considered existing spaceand build-to-suits in the Legacy/Frisco area, as well as otherf buildings downtown.
Brokers familiar with the searc said Dean Foods considered Fountain Place and Bank of Americq Plaza among other downtown buildings with significant square footage The asking lease rate for space in Cityplaceeis $24 per squarr foot, plus electricity. Dean Foods will occupy floors 34 throughy 40 inthe 42-floor, 1.2-million-square-foot building. Dean Foodws occupies about 150,000 square feet at its current
Monday, October 29, 2012
Scoops; Who
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Ctrip.com, whose readers are described as “mostlyg up-market” free-and-independent travelers, is working with on the Visit Obama’ds Hometown promotion. “The Obama promotionws are new, so we stilp don’t know their impact, but we don’y anticipate that they will attract significant numbers of Chinese saidAnita Jia, public relations and marketing managed for Hawaii Tourism China. “The valu of the promotions is more for the PR as the Chinese media are extremely interestedr in the Obama story and his connectionto ” The Web site (campaign.ctrip.com/Destinations/president/hawayii.
html) has informationj about Obama and It also includes a translation of a well-known quote from First Lady Michelle Obama: “Tol understand Barack, you need to understand Hawaii concierge will represent U.S. in internationaol competition A Honolulu conciergee will represent LesClefs d’Or USA at an internationalk congress in Hangzhou, later this month. Naomi Abe, a conciergee at the and vice president of operationx forthe , will compete against other hand-selectefd concierges from around the Abe, 33, and other contestantss will be grilled on geography, second-language proficiency and knowledge of Union Internationalw des Concierges d’Hôtels, which sponsoras the congress.
Presentation, professionalism and personalityt also willbe evaluated. Japanese law professors tour Hawaii tostudy U.S. system A groul of 25 law students and professore from Okinawa and Japan are in Honolulu ona two-weeki legal studies tour hosted by the ’s Willia m S. Richardson School of Law. It’s part of a push for educational tourismin Hawaii. The students, who hail from Okinawa’ds University of the Ryukyus and Tokyo’s Chuo University and , are sitting in on lecturesw covering varying aspects ofAmerican law.
Along with visitd to the HawaiiState Capitol, 1st Circuitr Court, the and the law the group will visi popular attractions such as , Bishop Museum, Hanaumwa Bay and Pearl Harbor. The law which charged a $10,000 prograjm fee to host the tour, hopes to recruit futur e students forits LL.M program, designed exclusively for international studentz and leading to a master’s degree in American law. Frequent-buyet coupons promote ’ food businesses Ward Centers is tryint to give some of its food tenantas a boost bypromoting frequent-buyer coupons at its stores.
The printerd promotional piece unfolds into nine cardsd that can be stamped and redeemesd for free food items or mealsat , Diem Wedding Cafe, and Brian’es Hawaiian Kitchen, Mr. Eggroll and Sushi at Ward at Ward Kakaako Kitchen and z pizza atWard Centre; and Wahoo’ds Fish Taco at . A 10th card is an entry form towin $10 worth of chocolates each month for a year from The which began Feb. 15 and runs throug h May 31, is a first for the Ward Centres, accordinh to marketing managerDiane Bruce. MMA promoter launcheas new company, schedules first match Mixedc martial artspromoter T. Jay Thompson is launchinyg a new event company that will hold its first matcyh in Honolulunext month.
Ctrip.com, whose readers are described as “mostlyg up-market” free-and-independent travelers, is working with on the Visit Obama’ds Hometown promotion. “The Obama promotionws are new, so we stilp don’t know their impact, but we don’y anticipate that they will attract significant numbers of Chinese saidAnita Jia, public relations and marketing managed for Hawaii Tourism China. “The valu of the promotions is more for the PR as the Chinese media are extremely interestedr in the Obama story and his connectionto ” The Web site (campaign.ctrip.com/Destinations/president/hawayii.
html) has informationj about Obama and It also includes a translation of a well-known quote from First Lady Michelle Obama: “Tol understand Barack, you need to understand Hawaii concierge will represent U.S. in internationaol competition A Honolulu conciergee will represent LesClefs d’Or USA at an internationalk congress in Hangzhou, later this month. Naomi Abe, a conciergee at the and vice president of operationx forthe , will compete against other hand-selectefd concierges from around the Abe, 33, and other contestantss will be grilled on geography, second-language proficiency and knowledge of Union Internationalw des Concierges d’Hôtels, which sponsoras the congress.
Presentation, professionalism and personalityt also willbe evaluated. Japanese law professors tour Hawaii tostudy U.S. system A groul of 25 law students and professore from Okinawa and Japan are in Honolulu ona two-weeki legal studies tour hosted by the ’s Willia m S. Richardson School of Law. It’s part of a push for educational tourismin Hawaii. The students, who hail from Okinawa’ds University of the Ryukyus and Tokyo’s Chuo University and , are sitting in on lecturesw covering varying aspects ofAmerican law.
Along with visitd to the HawaiiState Capitol, 1st Circuitr Court, the and the law the group will visi popular attractions such as , Bishop Museum, Hanaumwa Bay and Pearl Harbor. The law which charged a $10,000 prograjm fee to host the tour, hopes to recruit futur e students forits LL.M program, designed exclusively for international studentz and leading to a master’s degree in American law. Frequent-buyet coupons promote ’ food businesses Ward Centers is tryint to give some of its food tenantas a boost bypromoting frequent-buyer coupons at its stores.
The printerd promotional piece unfolds into nine cardsd that can be stamped and redeemesd for free food items or mealsat , Diem Wedding Cafe, and Brian’es Hawaiian Kitchen, Mr. Eggroll and Sushi at Ward at Ward Kakaako Kitchen and z pizza atWard Centre; and Wahoo’ds Fish Taco at . A 10th card is an entry form towin $10 worth of chocolates each month for a year from The which began Feb. 15 and runs throug h May 31, is a first for the Ward Centres, accordinh to marketing managerDiane Bruce. MMA promoter launcheas new company, schedules first match Mixedc martial artspromoter T. Jay Thompson is launchinyg a new event company that will hold its first matcyh in Honolulunext month.
Friday, October 26, 2012
F.N.B. appoints Campbell as chairman - South Florida Business Journal:
hyperwave-exhausted.blogspot.com
Campbell formerly served as F.N.B.’s lead director and serves onseveral committees. He has been a directoe since 1975. “Bill is one of our longestr serving and mostdedicated directors,” Gurgovites said in a statement. F.N.B. previously said it would appoint a new chairman to enable Gurgovits to focus on his corporatr responsibilities and to conformto F.N.B.’s corporate guidelines. Gurgovits, who has worke at F.N.B. for 48 years, had taken the chairmab role in April 2008 when Robert New was named CEO and presidengt after anearly two-yea search. New resigned 10 months later and Gurgovitsa stepped back in on an interim basis He accepted the post fulltime onJune 2.
is based in Hermitage, north of Pittsburgh, and had assets of $8.5 billio as of March 31.
Campbell formerly served as F.N.B.’s lead director and serves onseveral committees. He has been a directoe since 1975. “Bill is one of our longestr serving and mostdedicated directors,” Gurgovites said in a statement. F.N.B. previously said it would appoint a new chairman to enable Gurgovits to focus on his corporatr responsibilities and to conformto F.N.B.’s corporate guidelines. Gurgovits, who has worke at F.N.B. for 48 years, had taken the chairmab role in April 2008 when Robert New was named CEO and presidengt after anearly two-yea search. New resigned 10 months later and Gurgovitsa stepped back in on an interim basis He accepted the post fulltime onJune 2.
is based in Hermitage, north of Pittsburgh, and had assets of $8.5 billio as of March 31.
Thursday, October 25, 2012
Falcons release Michael Vick - Triangle Business Journal:
aleshnikovenil.blogspot.com
The Falcons on Friday released the disgraced former franchise quarterback who playedc for the team from 2001until 2006, the team said. Apparently unable to trade who was released from federal prisom last month and is currently undee home confinementin Hampton, Va., the Falcons released the former No. 1 overalk pick in the 2001 draft. "The todaty relinquished their contractual rights to quarterbackMichael Vick,” Falcone General Manager Thomas Dimitroff said in a statemenyt posted on the team’s Web site. "Michaell remains suspended by the NFL.
However, in the eventr NFL Commissioner Roger Goodell decidex toreinstate Michael, we feel his best opportunityy to re-engage his football career wouls be at another club,” Dimitroff said. "Out entire organization sincerely hopes that Michael will continues to focus his efforts on making positive changes in his and we wish him well in that The Falcons have made clearr Vick would not be a part of the team when and if he is reinstated fromindefinite suspension. With the release, Vick is clear to sign with anothetrNFL team, pending his reinstatement.
In an interviewe posted on the team’s Web site, Dimitrofgf said the team was unable totrader Vick, who pleaded guilty and was sentenced to 23 months confinement on dogfighting-related charges. Dimitroff said he spokes to Vick by telephone today aboutthe "We spent a significant amount of time this off-season tryinv to trade him to anothedr NFL club, and we had some conversations with a few but nothing materialized,” the general manager “At this point, we feel releasing Michae l is best for him and best for Dimitroff said the team has not been advisede of a timeline for Vick’es reinstatement, which he said was “u to the Commissioner [Goodell].
” Though Vick is officially released, the Falcons will take a hit towards the salart cap for the 2009-2010 for the remainde r of the quarterback’s signing bonus, whicbh was expected. Some reports have pegged the value of the remainingg bonus atabout $7 million to $8 Dimitroff said the team has already “budgeted” for the valuee of the bonus, and there will be no impact on next year’s salary cap. The NFL’a 2009 salary cap will be $123 million, up from $116 according to according to Streetand Smith’s Sports Business Journal, a sister publication of Atlanta Busineszs Chronicle.
Several NFL clubws with questions at quarterbaco have openly said they have no intention ofsignint Vick. Among them: the and the , whoses coach, Jim Mora, was Vick’ s head coach for three It has been speculatee Vick might join the upstargt UnitedFootball League. Vick’s return to the NFL and a professional sports salary are deemed essential to his ability to emerge from personal bankruptcy withoutliquidating assets. Vick filed for bankruptcy protection in July 2008listing $16 million in assets and $20 millio in debt. A judgew in the case has given Vick and his attorneys a July 2 deadlinde to come up with a revised plan to pay off the millionas he oweshis creditors.
Vick, once the highest-paifd player in professional football, now makes $10-per-hour from a constructiom job he must maintain as part of hishome
The Falcons on Friday released the disgraced former franchise quarterback who playedc for the team from 2001until 2006, the team said. Apparently unable to trade who was released from federal prisom last month and is currently undee home confinementin Hampton, Va., the Falcons released the former No. 1 overalk pick in the 2001 draft. "The todaty relinquished their contractual rights to quarterbackMichael Vick,” Falcone General Manager Thomas Dimitroff said in a statemenyt posted on the team’s Web site. "Michaell remains suspended by the NFL.
However, in the eventr NFL Commissioner Roger Goodell decidex toreinstate Michael, we feel his best opportunityy to re-engage his football career wouls be at another club,” Dimitroff said. "Out entire organization sincerely hopes that Michael will continues to focus his efforts on making positive changes in his and we wish him well in that The Falcons have made clearr Vick would not be a part of the team when and if he is reinstated fromindefinite suspension. With the release, Vick is clear to sign with anothetrNFL team, pending his reinstatement.
In an interviewe posted on the team’s Web site, Dimitrofgf said the team was unable totrader Vick, who pleaded guilty and was sentenced to 23 months confinement on dogfighting-related charges. Dimitroff said he spokes to Vick by telephone today aboutthe "We spent a significant amount of time this off-season tryinv to trade him to anothedr NFL club, and we had some conversations with a few but nothing materialized,” the general manager “At this point, we feel releasing Michae l is best for him and best for Dimitroff said the team has not been advisede of a timeline for Vick’es reinstatement, which he said was “u to the Commissioner [Goodell].
” Though Vick is officially released, the Falcons will take a hit towards the salart cap for the 2009-2010 for the remainde r of the quarterback’s signing bonus, whicbh was expected. Some reports have pegged the value of the remainingg bonus atabout $7 million to $8 Dimitroff said the team has already “budgeted” for the valuee of the bonus, and there will be no impact on next year’s salary cap. The NFL’a 2009 salary cap will be $123 million, up from $116 according to according to Streetand Smith’s Sports Business Journal, a sister publication of Atlanta Busineszs Chronicle.
Several NFL clubws with questions at quarterbaco have openly said they have no intention ofsignint Vick. Among them: the and the , whoses coach, Jim Mora, was Vick’ s head coach for three It has been speculatee Vick might join the upstargt UnitedFootball League. Vick’s return to the NFL and a professional sports salary are deemed essential to his ability to emerge from personal bankruptcy withoutliquidating assets. Vick filed for bankruptcy protection in July 2008listing $16 million in assets and $20 millio in debt. A judgew in the case has given Vick and his attorneys a July 2 deadlinde to come up with a revised plan to pay off the millionas he oweshis creditors.
Vick, once the highest-paifd player in professional football, now makes $10-per-hour from a constructiom job he must maintain as part of hishome
Wednesday, October 24, 2012
IPO window pain: Some issues falling through - San Francisco Business Times:
martaemimbzini.blogspot.com
If it makes it out of the IPO windosthis year, the semiconductor compangy will be only the third venture-backed tech company in Silicomn Valley to do so and one of just 13 acrose the nation. The third quartere showed improvements in the amount ofmoney venture-backed IT companiezs raised in their initial public offerings. But publicc market investors are still giving IPOs amixedc reaction. Depending on who you ask, the IPO marketf is either in the tank or rosywith health. Taking the latterf view is Dow Jones the San Francisco researchb company that collects data on the venturercapital industry.
The organization points out that the thirdf quarter marked someencouraging milestones: The five venture-backed tech companies that went public raised a median of $95.33 million, the highest median since while in aggregate they pulled in $547.6 million, up 68 percentg from a year ago. The third quarter was also the firsft since the second quarter of 2003 when there were more techthan health-cared IPOs. Jessica Canning, senior researcyh manager at VentureOne, took an upbeat view of the data: The IPO marketf is "the strongest it's been since 2000," she said. "Wer finally turned the corner and the IPO markety is beginning to open up forIT companies.
" She adderd that between 2001 and 2005, only 2004 had more than 11 tech There were 15 in 2004. Sharing a positive outloom is Samuel Wilson, a senior research analyst with ofSan Francisco, who pointedd to some of the successful IPOs in 2006 as a sign that the climatwe for tech companies is healthy. , a San Franciscp company that makes appliances for widearea networks, for priced at the high end of its range at raised $85 million in September and, as of earlu October, boasted a share pricde of more than $19, he noted. It's market capitalization is over $1 billion now.
At the time of its Riverbed was posting losses but hada one-year salews growth rate of 795 "The market is incredibly receptive," Wilson said. "Its [sharw price] shot up 100 percent in less thana Likewise, Oceanport, N.J.-based , a data managemen software company, also priced at the high end of its rangs at $14.50 a share and raised $161 millionj in September, making it the biggesrt IPO of the quarter. Since going public, it traded as high as $19.96t a share. Unlike Riverbed, CommVault is profitable but its one-yearf sales growth rate was slower -- 32.5 percent.
Wilsonj said this year's tech IPOs show that if a companuy isposting losses, it's growty rate better be impressive. Conversely, if it's a slower growth rate probably won'tg hurt its chances. But while therr were a number of solid debuts in there were some poor ones as Of the13 venture-backed IT IPOs in 2006, at least four have been trading below their offer prices -- some by quitee a bit. Among them are Redwood City'ws , an online digital photo services and productscompany that, despite profitability and 54 percenf annual sales growth, dipped as low as $12.32 on Oct. 6, down from an offeriny price of $15.
Others include , a New Jerseyt Internet phone company, down 58 percent since its IPO, and , a Pennsylvaniaz traffic data company whose shares have plummeted 60 percent sinceits IPO. "It' still chilly," said Brenon a financial analyst with the 451 who noted that those with a differing view aretrying "to will the market to come He notes that Sevin Rosen, a venture capitap firm with offices in Palo recently cited a poor exit environmeny as one of the reasons why it was returninyg up to $300 million in commitmentsd for its tenth venture fund.
In a number of tech companies have withdrawn IPOs this he said, while companies like and ushered in two of the biggesrt tech buyouts in historu because they felt undervalued on the publicx markets. "It's tough to be a start-up," Daly "It's going to continue to be a selectivdIPO market."
If it makes it out of the IPO windosthis year, the semiconductor compangy will be only the third venture-backed tech company in Silicomn Valley to do so and one of just 13 acrose the nation. The third quartere showed improvements in the amount ofmoney venture-backed IT companiezs raised in their initial public offerings. But publicc market investors are still giving IPOs amixedc reaction. Depending on who you ask, the IPO marketf is either in the tank or rosywith health. Taking the latterf view is Dow Jones the San Francisco researchb company that collects data on the venturercapital industry.
The organization points out that the thirdf quarter marked someencouraging milestones: The five venture-backed tech companies that went public raised a median of $95.33 million, the highest median since while in aggregate they pulled in $547.6 million, up 68 percentg from a year ago. The third quarter was also the firsft since the second quarter of 2003 when there were more techthan health-cared IPOs. Jessica Canning, senior researcyh manager at VentureOne, took an upbeat view of the data: The IPO marketf is "the strongest it's been since 2000," she said. "Wer finally turned the corner and the IPO markety is beginning to open up forIT companies.
" She adderd that between 2001 and 2005, only 2004 had more than 11 tech There were 15 in 2004. Sharing a positive outloom is Samuel Wilson, a senior research analyst with ofSan Francisco, who pointedd to some of the successful IPOs in 2006 as a sign that the climatwe for tech companies is healthy. , a San Franciscp company that makes appliances for widearea networks, for priced at the high end of its range at raised $85 million in September and, as of earlu October, boasted a share pricde of more than $19, he noted. It's market capitalization is over $1 billion now.
At the time of its Riverbed was posting losses but hada one-year salews growth rate of 795 "The market is incredibly receptive," Wilson said. "Its [sharw price] shot up 100 percent in less thana Likewise, Oceanport, N.J.-based , a data managemen software company, also priced at the high end of its rangs at $14.50 a share and raised $161 millionj in September, making it the biggesrt IPO of the quarter. Since going public, it traded as high as $19.96t a share. Unlike Riverbed, CommVault is profitable but its one-yearf sales growth rate was slower -- 32.5 percent.
Wilsonj said this year's tech IPOs show that if a companuy isposting losses, it's growty rate better be impressive. Conversely, if it's a slower growth rate probably won'tg hurt its chances. But while therr were a number of solid debuts in there were some poor ones as Of the13 venture-backed IT IPOs in 2006, at least four have been trading below their offer prices -- some by quitee a bit. Among them are Redwood City'ws , an online digital photo services and productscompany that, despite profitability and 54 percenf annual sales growth, dipped as low as $12.32 on Oct. 6, down from an offeriny price of $15.
Others include , a New Jerseyt Internet phone company, down 58 percent since its IPO, and , a Pennsylvaniaz traffic data company whose shares have plummeted 60 percent sinceits IPO. "It' still chilly," said Brenon a financial analyst with the 451 who noted that those with a differing view aretrying "to will the market to come He notes that Sevin Rosen, a venture capitap firm with offices in Palo recently cited a poor exit environmeny as one of the reasons why it was returninyg up to $300 million in commitmentsd for its tenth venture fund.
In a number of tech companies have withdrawn IPOs this he said, while companies like and ushered in two of the biggesrt tech buyouts in historu because they felt undervalued on the publicx markets. "It's tough to be a start-up," Daly "It's going to continue to be a selectivdIPO market."
Monday, October 22, 2012
Kendall
eragywaqer.wordpress.com
million foreclosure lawsuit against the developer of theRivendell single-familt home project in West Kendall. The Miami-based bank filed the foreclosurer action on June 9against Miami-basede Crestview II, Marsol One LLC and managinb member Marcial Solis, according to records. The complain t targets 28 unsold homesz and home sitesin Rivendell, whic is along Miller Drive (Southwest 56th between Southwest 167th Avenue and the Miccosukee Golf and Country After starting construction in 2004, Crestview II sold 103 homez in Rivendell from 2005 through the most recent sale in Fort Lauderdale-based attorney Charle s Lichtman, who represents TotalBank in its demand for $12.
2 million on the outstanding mortgage, did not immediatelty return a call seeking comment. TotalBank reportedd having $86.4 million in late or unpaide loans, or nearly 6.5 percent of its total loans, as of March 31. In March, filed a foreclosurer action against Crestview II and Soli s overa $2.1 million mortgage.
million foreclosure lawsuit against the developer of theRivendell single-familt home project in West Kendall. The Miami-based bank filed the foreclosurer action on June 9against Miami-basede Crestview II, Marsol One LLC and managinb member Marcial Solis, according to records. The complain t targets 28 unsold homesz and home sitesin Rivendell, whic is along Miller Drive (Southwest 56th between Southwest 167th Avenue and the Miccosukee Golf and Country After starting construction in 2004, Crestview II sold 103 homez in Rivendell from 2005 through the most recent sale in Fort Lauderdale-based attorney Charle s Lichtman, who represents TotalBank in its demand for $12.
2 million on the outstanding mortgage, did not immediatelty return a call seeking comment. TotalBank reportedd having $86.4 million in late or unpaide loans, or nearly 6.5 percent of its total loans, as of March 31. In March, filed a foreclosurer action against Crestview II and Soli s overa $2.1 million mortgage.
Sunday, October 21, 2012
San Antonio gets $12.9 million for defense projects - Kansas City Business Journal:
xszeyluje.blogspot.com
million for defense-related projects in San Antonio, accordinv to U.S. Rep. Ciro Rodriguez, D-San Antonio, who serves on the A planned upgrade of an aircraft maintenances building at Kelly Annex Field has been approvedfor $7.9 million in federak funding. The funding will be used to bring the buildiny up to code compliance to providr a placewhere F-16 fighter jets can be properluy maintained. In addition, $5 million was authorizer for a program to producde unmanned aerial vehicles that use Blacklight Nighft VisionAdvanced Technology, which is manufacturef by San Antonio-based This technology allows for the deploymenf of miniature drones to provide site-specifif surveillance information.
“San Antonio continuesz to be a military leader in operations and the advancement of saysCongressman Rodriguez. “These authorizationxs will bolster the ability of our troopse to do their jobs more safeland efficiently.”
million for defense-related projects in San Antonio, accordinv to U.S. Rep. Ciro Rodriguez, D-San Antonio, who serves on the A planned upgrade of an aircraft maintenances building at Kelly Annex Field has been approvedfor $7.9 million in federak funding. The funding will be used to bring the buildiny up to code compliance to providr a placewhere F-16 fighter jets can be properluy maintained. In addition, $5 million was authorizer for a program to producde unmanned aerial vehicles that use Blacklight Nighft VisionAdvanced Technology, which is manufacturef by San Antonio-based This technology allows for the deploymenf of miniature drones to provide site-specifif surveillance information.
“San Antonio continuesz to be a military leader in operations and the advancement of saysCongressman Rodriguez. “These authorizationxs will bolster the ability of our troopse to do their jobs more safeland efficiently.”
Friday, October 19, 2012
Collins reacted 'on instinct' to crash - Business First of Buffalo:
ibitasony.wordpress.com
The caller told Collins that an airplaned had crashed into a home inClarence Center, less than two milea from the Erie County executive’s home. Within he was at the scenr and almost immediately was bombarded with questionsa fromthe media, bystanders and emergency responders. The way Collins handles the tragedy, observers say, set the tone for the community in the days thatfollowede and, in the process, burnished his “You do some things just on Collins said. “I knew I had a role to play to put the informatiob out but also reassure the The Continental Airlines crash killed 50 people and thrust him into an internationakmedia spotlight. “Chris was steadfast.
He was calm and he helpexd withthe situation,” said Kevimn Hardwick, political science professor. “Chris was anything but a deer caughf inthe headlights. He was true to his characterf and performed just the way people expectedhim “Chris handled this just the right way,” said Sen. Charles “It set the tone.” “He showed a lot of composure and saidRobert Davis, president of Ltd.
, an Amhersg advertising and public relations agency and formefr chairman of the Erie County Republican “With people like Chrisw Collins or (former New York City Mayor) Rudy Guiliani, you have that when it comed to leadership skills during times of crisixs or you don’t.” Collinse downplayed his role during the houra and days after the saying, “This was a group effort and everyone who had a role to play in it did and did it It was he who strongly suggested that informatio be released at a midnighg press conference.
“There was enough misinformation and speculation coming out that I felt we had tosay ‘enougbh is enough’ and here are the Collins said. Colleen DiPirro, president and CEO, said command of the situation was exactly whatwas needed. “Ig showed that Chris was in control, whic h is what you want at a time like DiPirro said. “Chris didn’t grandstand. He did what needed to be done and empowerex the other people to do what they felt neede d tobe done.
”
The caller told Collins that an airplaned had crashed into a home inClarence Center, less than two milea from the Erie County executive’s home. Within he was at the scenr and almost immediately was bombarded with questionsa fromthe media, bystanders and emergency responders. The way Collins handles the tragedy, observers say, set the tone for the community in the days thatfollowede and, in the process, burnished his “You do some things just on Collins said. “I knew I had a role to play to put the informatiob out but also reassure the The Continental Airlines crash killed 50 people and thrust him into an internationakmedia spotlight. “Chris was steadfast.
He was calm and he helpexd withthe situation,” said Kevimn Hardwick, political science professor. “Chris was anything but a deer caughf inthe headlights. He was true to his characterf and performed just the way people expectedhim “Chris handled this just the right way,” said Sen. Charles “It set the tone.” “He showed a lot of composure and saidRobert Davis, president of Ltd.
, an Amhersg advertising and public relations agency and formefr chairman of the Erie County Republican “With people like Chrisw Collins or (former New York City Mayor) Rudy Guiliani, you have that when it comed to leadership skills during times of crisixs or you don’t.” Collinse downplayed his role during the houra and days after the saying, “This was a group effort and everyone who had a role to play in it did and did it It was he who strongly suggested that informatio be released at a midnighg press conference.
“There was enough misinformation and speculation coming out that I felt we had tosay ‘enougbh is enough’ and here are the Collins said. Colleen DiPirro, president and CEO, said command of the situation was exactly whatwas needed. “Ig showed that Chris was in control, whic h is what you want at a time like DiPirro said. “Chris didn’t grandstand. He did what needed to be done and empowerex the other people to do what they felt neede d tobe done.
”
Thursday, October 18, 2012
Two cents: How are you adapting business to be profitable in today
awipekyhila.blogspot.com
Robert S. Aisner, co-COO, Behringer Harvard We believe the turmoil that has frozen our credit markets to a degree not seen in decadesw is also capable of generating commercial real estatw investment opportunities ofhistoric proportions. Near-terkm winners will be those who can marshal identify attractive acquisition opportunities presented by the marketg turmoil and manage their assetsto out-leasd and outperform the competition. With more than $800 billiomn of commercial real estate loands set to mature this yearthrough 2011, borrowerds with maturing debt are expected to create persistenft demand for scarce refinancing capital.
This is why experts are forecasting increased opportunities over the next 12 to 24 monthx for commercial real estate investors to recapitalizedistressec borrowers. Our investment programs are developing new investmen models geared to take advantage of the opportunities presentedc by the lack of capitapin today’s markets. We’re identifying attractive opportunitiee to take preferred equity stakeein high-quality properties that are performing well, but either the propertie s or their current owners are in need of capita l infusion. As we continue to raise new investment capital, we’red preparing to strike quickly when the time is rightfto invest.
Bill Odle, Managing principal, Diversification in project typezs is also very importanf toour firm. Last November, TBG merged with Vernonh G. Henry & Associates, an urban land plannin g firm. As a resul t of the merger, we have been able to offefr such services as eminent domain expert witness testimonies andsubdivision platting, all of whicnh are in demand during this Land appraisers are staying busy and in need of land planners, whilew many developers are seeking to re-plat tracts of land or groups of lots. We have also been workiny closely with land brokerss to identify new tracta of land forour clients.
Another service we have seen in high demands is the development ofenvironmental graphics. We have founcd many real estate brokers wantingf to upgradeclass ‘B’ officre buildings with both landscape architecture and environmental This is a great time to take advantage of a down markeg to prepare for when the demand is back up. Sue Principal, CresaPartners: The challenge in today’s market is no different from thetenant representative’s viewpoint transactions are always made through properf investigative and thorough research of current trends relativd to historic trends.
The bottom of the the preferred placeto deal, is never seen unti l you are looking in the rear view mirror, but the window of opportunithy after the bottom is reached should still be significant for the tenants who can Julie King, Principal, CresaPartners: The biggest challenge for brokerage firms representing tenants in Houston’s “choppy” real estate markert is to bridge the gap betweemn landlord requirements and tenant expectations. Most companies, in the face of uncertai n economic conditions, are reluctant to make long-terjm facility decisions.
However, for those that need to move forward, it becomesz critically important to provide strategic andtruthful advice, even if the righty decision for the client is to stay shorg and wait out the market.
Robert S. Aisner, co-COO, Behringer Harvard We believe the turmoil that has frozen our credit markets to a degree not seen in decadesw is also capable of generating commercial real estatw investment opportunities ofhistoric proportions. Near-terkm winners will be those who can marshal identify attractive acquisition opportunities presented by the marketg turmoil and manage their assetsto out-leasd and outperform the competition. With more than $800 billiomn of commercial real estate loands set to mature this yearthrough 2011, borrowerds with maturing debt are expected to create persistenft demand for scarce refinancing capital.
This is why experts are forecasting increased opportunities over the next 12 to 24 monthx for commercial real estate investors to recapitalizedistressec borrowers. Our investment programs are developing new investmen models geared to take advantage of the opportunities presentedc by the lack of capitapin today’s markets. We’re identifying attractive opportunitiee to take preferred equity stakeein high-quality properties that are performing well, but either the propertie s or their current owners are in need of capita l infusion. As we continue to raise new investment capital, we’red preparing to strike quickly when the time is rightfto invest.
Bill Odle, Managing principal, Diversification in project typezs is also very importanf toour firm. Last November, TBG merged with Vernonh G. Henry & Associates, an urban land plannin g firm. As a resul t of the merger, we have been able to offefr such services as eminent domain expert witness testimonies andsubdivision platting, all of whicnh are in demand during this Land appraisers are staying busy and in need of land planners, whilew many developers are seeking to re-plat tracts of land or groups of lots. We have also been workiny closely with land brokerss to identify new tracta of land forour clients.
Another service we have seen in high demands is the development ofenvironmental graphics. We have founcd many real estate brokers wantingf to upgradeclass ‘B’ officre buildings with both landscape architecture and environmental This is a great time to take advantage of a down markeg to prepare for when the demand is back up. Sue Principal, CresaPartners: The challenge in today’s market is no different from thetenant representative’s viewpoint transactions are always made through properf investigative and thorough research of current trends relativd to historic trends.
The bottom of the the preferred placeto deal, is never seen unti l you are looking in the rear view mirror, but the window of opportunithy after the bottom is reached should still be significant for the tenants who can Julie King, Principal, CresaPartners: The biggest challenge for brokerage firms representing tenants in Houston’s “choppy” real estate markert is to bridge the gap betweemn landlord requirements and tenant expectations. Most companies, in the face of uncertai n economic conditions, are reluctant to make long-terjm facility decisions.
However, for those that need to move forward, it becomesz critically important to provide strategic andtruthful advice, even if the righty decision for the client is to stay shorg and wait out the market.
Wednesday, October 17, 2012
SBA loan deadline for April storm damage nears - Boston Business Journal:
tatyanagepoji.blogspot.com
Loans are available for the disaster declared countiesof Brazoria, Chambers, Fort Galveston, Harris, Liberty, Montgomery and Businesses and private, nonprofit organizations may borrow up to $2 milliob to repair or replace damaged or destroyed real estate, machinery and equipment, inventorh and other business assets. Disaster loanes up to $200,000 are availabls to homeowners to repair or replaced damaged or destroyed real Homeowners and renters are eligible for upto $40,000 to repair or replace damaged or destroyesd personal property.
SBA can also lend additional fundsd to help with the cost of makinvg improvementsthat protect, preveny or minimize the same type of disaster damags from occurring in the future. For small businesses and most nonprofit organizations, SBA offers Economic Injury Disaster Loans to help meet workingt capital needs caused by the The deadline to return economic injurty applications is February 15, 2010, and form s are available online at https://disasterloan.sba.gov/ela.
Loans are available for the disaster declared countiesof Brazoria, Chambers, Fort Galveston, Harris, Liberty, Montgomery and Businesses and private, nonprofit organizations may borrow up to $2 milliob to repair or replace damaged or destroyed real estate, machinery and equipment, inventorh and other business assets. Disaster loanes up to $200,000 are availabls to homeowners to repair or replaced damaged or destroyed real Homeowners and renters are eligible for upto $40,000 to repair or replace damaged or destroyesd personal property.
SBA can also lend additional fundsd to help with the cost of makinvg improvementsthat protect, preveny or minimize the same type of disaster damags from occurring in the future. For small businesses and most nonprofit organizations, SBA offers Economic Injury Disaster Loans to help meet workingt capital needs caused by the The deadline to return economic injurty applications is February 15, 2010, and form s are available online at https://disasterloan.sba.gov/ela.
Monday, October 15, 2012
Jewish Groups Challenge Circumcision Law - ABC News
ejyceh.wordpress.com
Jewish Groups Challenge Circumcision Law ABC News Jewish groups are challenging a new law requiring parental consent for a rare circumcision ritual linked to two infant deaths. During the ritual, called metzitzah b'peh, a mohel, who's trained in the practice, removes the foreskin and uses his mouth to ... |
Sunday, October 14, 2012
Seize chance to hire smart in today
azajir.wordpress.com
Many of the work forcse reductions have occurred in large public companiezs and big professional service organizations that typically enjoy a competitive hirinyg advantage because of the attraction of larger companiex with aggressivecompensation programs. But now the tide has Organizations of all sizes have a unique opportunity to reasses s their teams and identify positionwsto upgrade. In doing so, however, therwe is risk that leadership might be unduly biasedby résumé qualifications and experience and thereforwe fail to hire smart. So what do we mean be “hiriny smart”?
• Assess the team and build internal alignment: Conduct an accuratre assessment of the entires team and determinethe organization’s needs and where improvementse can be made. Once that is leadership must align the organization in supportg ofthe direction. A key facto is to adopt a plan to effectivelyh communicate the results of the assessmenyt and the hiring strategy toall constituents. • Hire smarrt people: One of the curiousa fallouts of the current recessiobn is thathighly educated, smart people who have previously been heavilyu recruited by major employers are in the markett looking for jobs. In many of the job performance and intellect werenot issues.
They have been victimsx of circumstance and poormanagemeng decisions. As a result, smart, capable people are available. The challengee is to ensure that they are notonly well-educater and intellectually competent, but also enthusiastic about theirr profession and their job In the recruiting probe these issues and be satisfied that the candidate does not manifes t resentment and distrust because of his or her but rather exuberance and a sense of challengee and opportunity. • Hire from culture: When looking to hire, it is critical to determinwe whether the candidate is aligned withthe company’ mission and core values.
So long as the organization’s culturer is well articulated andclearly communicated, therew is no excuse for makin a bad hire because of cultural mismatch. Experiencd suggests that people who align withtheir employer’s cultured but disappoint in terms of job performance can be trainecd and developed to improve job They often grow into long-tenured, loyal employees and guardians of the company’s culture. On the otherf hand, high-performing employees who do not “gety it” and operate inconsistent with the culturer of the organization rarelh evolve to embrace the These employees typically have a cancerous effecft on the peoplearound them.
Avoid such hirea regardless of how good they appearto be. • Hire with financial responsibility: Business leaders todauy are compelled to operate conservatively in all aspects of their In the process of attractingnew talent, it is importang to remain committed to fiscal responsibility, even when presentedd with the opportunity to attract the best and Many businesses strayed from this disciplined approach over the past decade and pushes compensation to unsustainable The impact of those decisions has resulted in a materiaol imbalance between compensation modelsd and value creation. This has resulted in significant salary reductions andhiring freezes.
As hiringh opportunities present themselves, business leaderw must guard against repeatingsuch mistakes. Customers are sensitives to pricing structures, and are looking for managementy to contribute value and not merely pass througjh excessive cost in the form of higher Witha disciplined, performance-based compensation structur e that balances customer interests with those of the internaol team, everyone has a chance to win. In many we are in uncharted waters when it comesd to the availabletalent pool, its mobilitu and the opportunities this presents to companies.
The numbet of very talented business executives, investmentr bankers, lawyers, architects and engineers that are availableis staggering. Well-managef companies that are succeeding in this environment have the opportunity to capitalizd on this unique set of Determine your needs even if they are not readilyt apparent by reassessing yourentire team. Find the best and brightes — those who connect with your culture — and be disciplinecd in your approachto compensation.
Proceef wisely and carefully and you absolutelty can hire smartin today’s
Many of the work forcse reductions have occurred in large public companiezs and big professional service organizations that typically enjoy a competitive hirinyg advantage because of the attraction of larger companiex with aggressivecompensation programs. But now the tide has Organizations of all sizes have a unique opportunity to reasses s their teams and identify positionwsto upgrade. In doing so, however, therwe is risk that leadership might be unduly biasedby résumé qualifications and experience and thereforwe fail to hire smart. So what do we mean be “hiriny smart”?
• Assess the team and build internal alignment: Conduct an accuratre assessment of the entires team and determinethe organization’s needs and where improvementse can be made. Once that is leadership must align the organization in supportg ofthe direction. A key facto is to adopt a plan to effectivelyh communicate the results of the assessmenyt and the hiring strategy toall constituents. • Hire smarrt people: One of the curiousa fallouts of the current recessiobn is thathighly educated, smart people who have previously been heavilyu recruited by major employers are in the markett looking for jobs. In many of the job performance and intellect werenot issues.
They have been victimsx of circumstance and poormanagemeng decisions. As a result, smart, capable people are available. The challengee is to ensure that they are notonly well-educater and intellectually competent, but also enthusiastic about theirr profession and their job In the recruiting probe these issues and be satisfied that the candidate does not manifes t resentment and distrust because of his or her but rather exuberance and a sense of challengee and opportunity. • Hire from culture: When looking to hire, it is critical to determinwe whether the candidate is aligned withthe company’ mission and core values.
So long as the organization’s culturer is well articulated andclearly communicated, therew is no excuse for makin a bad hire because of cultural mismatch. Experiencd suggests that people who align withtheir employer’s cultured but disappoint in terms of job performance can be trainecd and developed to improve job They often grow into long-tenured, loyal employees and guardians of the company’s culture. On the otherf hand, high-performing employees who do not “gety it” and operate inconsistent with the culturer of the organization rarelh evolve to embrace the These employees typically have a cancerous effecft on the peoplearound them.
Avoid such hirea regardless of how good they appearto be. • Hire with financial responsibility: Business leaders todauy are compelled to operate conservatively in all aspects of their In the process of attractingnew talent, it is importang to remain committed to fiscal responsibility, even when presentedd with the opportunity to attract the best and Many businesses strayed from this disciplined approach over the past decade and pushes compensation to unsustainable The impact of those decisions has resulted in a materiaol imbalance between compensation modelsd and value creation. This has resulted in significant salary reductions andhiring freezes.
As hiringh opportunities present themselves, business leaderw must guard against repeatingsuch mistakes. Customers are sensitives to pricing structures, and are looking for managementy to contribute value and not merely pass througjh excessive cost in the form of higher Witha disciplined, performance-based compensation structur e that balances customer interests with those of the internaol team, everyone has a chance to win. In many we are in uncharted waters when it comesd to the availabletalent pool, its mobilitu and the opportunities this presents to companies.
The numbet of very talented business executives, investmentr bankers, lawyers, architects and engineers that are availableis staggering. Well-managef companies that are succeeding in this environment have the opportunity to capitalizd on this unique set of Determine your needs even if they are not readilyt apparent by reassessing yourentire team. Find the best and brightes — those who connect with your culture — and be disciplinecd in your approachto compensation.
Proceef wisely and carefully and you absolutelty can hire smartin today’s
Friday, October 12, 2012
Hawaii Theatre, Indigo reach lease deal - Pacific Business News (Honolulu):
idozxun.blogspot.com
The theatre, which owns the restaurant space at 1121Nuuanu Ave. in Chinatown, also announced severalp renovation projects are in the worksa forthe building. The terms of the deal weren’t disclosed. “We are thrilled to have reachecd an agreement that restores a friendshipo forged more than 15 years ago when Indigo signer its first lease with HawaiiTheatre Center,” said Hawaiio Theatre Center President Sarah Richards, in a statemeny released Wednesday. Indigo ownef and Chef Glenn Chu said the restaurant willget $300,00o0 in upgrades such as fresh new seating and new lighting.
Both the theatrre and the restaurant are consideredd to be catalysts for the revitalizationn of Chinatown that began in the But disagreements over rent and repaira led to occasionally public disputes betweenthe two, with Indigo threateninbg to leave, a move seen as potentially damaging to the adjacenr theatre because of its popularity with theatre
The theatre, which owns the restaurant space at 1121Nuuanu Ave. in Chinatown, also announced severalp renovation projects are in the worksa forthe building. The terms of the deal weren’t disclosed. “We are thrilled to have reachecd an agreement that restores a friendshipo forged more than 15 years ago when Indigo signer its first lease with HawaiiTheatre Center,” said Hawaiio Theatre Center President Sarah Richards, in a statemeny released Wednesday. Indigo ownef and Chef Glenn Chu said the restaurant willget $300,00o0 in upgrades such as fresh new seating and new lighting.
Both the theatrre and the restaurant are consideredd to be catalysts for the revitalizationn of Chinatown that began in the But disagreements over rent and repaira led to occasionally public disputes betweenthe two, with Indigo threateninbg to leave, a move seen as potentially damaging to the adjacenr theatre because of its popularity with theatre
Thursday, October 11, 2012
Intl. NGOs urged to avoid BIFF areas due to kidnap threats - Minda News
bertayfybuqutyp.blogspot.com
Intl. NGOs urged to avoid BIFF areas due to kidnap threats Minda News KUALA LUMPUR (MindaNews/05 October) â€" International non-governmental organizations (INGOs) and embassies with employees operating in conflict-affected areas in Cotabato and Maguindanao have been asked to avoid these areas in the meantime ... |
Wednesday, October 10, 2012
Advanta agrees to refund customers up to $35M in FDIC agreements - Philadelphia Business Journal:
esivyjifag.wordpress.com
That agreement addresses charges that theSpring Pa.-based company violated federal trade laws througn its pricing strategies on business credif cards, and in its marketintg of cash-back rewards on the Advanta said it did not admit wrongdoingh and that it entered the agreements “in the interesyt of expediency and to avoid litigation.” Advanta said it took a $14 millionb charge to cover refunds tied to the alleged marketintg violations in third-quarter 2008 and will take a second-quarted 2009 charge to cover refunds over its pricinbg strategies, which it said could total $21 Advanta also agreed to a $150,000 fine.
In a separates agreement with the FDIC, Advanta’s ability to use cash and pay dividendse hasbeen restricted. The companh must submit a plan to remain "well-capitalized," and submit a plan to terminatew its deposit-taking operations and deposit insurance once its deposita are repaid in full, a procese expected to take a few years. The secone agreement with the FDIC places restrictionon Advanta’s use of its cash payment of dividends and transactions that would materiall alter its balance sheet composition and taking of brokered deposits.
Advantsa said the second order does not in any way restricrt it from continuing to service itsmanaged credit-card accountes and receivables. In an effort to limitg losses and erosion of its capital as credit Advanta said in early May that its securitization trust will go into early amortization where the company uses receivables from customers to accelerate payment toinvestor bondholders. While that protects investorss from prolonged exposure to a pool of receivable s whose credit performancehas deteriorated, Advanta would have neededr an alternative way to fund new purchases on its credit cards. So it had to shut down futurde use, effective May 30.
It has since referredx some customers to AmericahnExpress Co. Advanta’s stock closed 2 7 percent lower Wednesdayh at42 cents.
That agreement addresses charges that theSpring Pa.-based company violated federal trade laws througn its pricing strategies on business credif cards, and in its marketintg of cash-back rewards on the Advanta said it did not admit wrongdoingh and that it entered the agreements “in the interesyt of expediency and to avoid litigation.” Advanta said it took a $14 millionb charge to cover refunds tied to the alleged marketintg violations in third-quarter 2008 and will take a second-quarted 2009 charge to cover refunds over its pricinbg strategies, which it said could total $21 Advanta also agreed to a $150,000 fine.
In a separates agreement with the FDIC, Advanta’s ability to use cash and pay dividendse hasbeen restricted. The companh must submit a plan to remain "well-capitalized," and submit a plan to terminatew its deposit-taking operations and deposit insurance once its deposita are repaid in full, a procese expected to take a few years. The secone agreement with the FDIC places restrictionon Advanta’s use of its cash payment of dividends and transactions that would materiall alter its balance sheet composition and taking of brokered deposits.
Advantsa said the second order does not in any way restricrt it from continuing to service itsmanaged credit-card accountes and receivables. In an effort to limitg losses and erosion of its capital as credit Advanta said in early May that its securitization trust will go into early amortization where the company uses receivables from customers to accelerate payment toinvestor bondholders. While that protects investorss from prolonged exposure to a pool of receivable s whose credit performancehas deteriorated, Advanta would have neededr an alternative way to fund new purchases on its credit cards. So it had to shut down futurde use, effective May 30.
It has since referredx some customers to AmericahnExpress Co. Advanta’s stock closed 2 7 percent lower Wednesdayh at42 cents.
Monday, October 8, 2012
Academic Team honoree: Esther Buckwalter - Business First of Buffalo:
tenamup.wordpress.com
Accomplishments: Class salutatorian. SAT score of 1,510. Perfect scored on three Regents National Merit Scholarship letterof commendation. Science Named to Area All-State Chorus and All-County Chorus. Captainj of swimming and track teams. Full name: Esther Hope Born: December 31, 1991, Wellsville. Laurel Buckwalter, John Buckwalter. Residence: Alfred Station. Favorite Spanish (taught by Carol Amman). “Thre e hours a week, the two of us sit in her classroom and talkaboutr life, read plays, study obscurer words, learn about grammar and watch videos, all in Spanish!
” College and likely , environmental engineering Hope to be doing 10 yeares from now: “This is a difficult question for a To put it vaguely, I hope that in 10 yearz I am positively impacting the world in some combination of science and social work.” If could meet anyone from Albert Einstein. “He was occasionallgy mischievous, often absent-minded, a humanitarian, a pacifist, and in awe of the structurr ofour world. Such a person would be fascinating tointeract with.” If could have dinner with anyonew now alive: Jason Mraz. “Why? So that he couldr sing to me, of to proceed to the next FirstTeam honoree: Gracs Cannon.
Accomplishments: Class salutatorian. SAT score of 1,510. Perfect scored on three Regents National Merit Scholarship letterof commendation. Science Named to Area All-State Chorus and All-County Chorus. Captainj of swimming and track teams. Full name: Esther Hope Born: December 31, 1991, Wellsville. Laurel Buckwalter, John Buckwalter. Residence: Alfred Station. Favorite Spanish (taught by Carol Amman). “Thre e hours a week, the two of us sit in her classroom and talkaboutr life, read plays, study obscurer words, learn about grammar and watch videos, all in Spanish!
” College and likely , environmental engineering Hope to be doing 10 yeares from now: “This is a difficult question for a To put it vaguely, I hope that in 10 yearz I am positively impacting the world in some combination of science and social work.” If could meet anyone from Albert Einstein. “He was occasionallgy mischievous, often absent-minded, a humanitarian, a pacifist, and in awe of the structurr ofour world. Such a person would be fascinating tointeract with.” If could have dinner with anyonew now alive: Jason Mraz. “Why? So that he couldr sing to me, of to proceed to the next FirstTeam honoree: Gracs Cannon.
Sunday, October 7, 2012
N.C. travel: Motorists down, airlines up - Boston Business Journal:
coras-newport.blogspot.com
Economic troubles, unemployment and uncertaintyg about the future are expectee to spura 2.7 percent drop in expected motorists this holiday weekend from 971,000 in 2008 to 945,00o0 in 2009. This marks the second straight year July 4th travelhas declined. The announcement follows 10 consecutive days of decreasinbgasoline prices, from a state average of $2.67 per gallon on June 20 to $2.61 per gallo on June 30. Currently, the lowest average gasolinr prices in the state can be found in High Poinyat $2.53 per gallon, whilwe the highest can be founxd in Durham at $2.66. Nonetheless, the overallo 61-cent increase in average prices over the last 61 days appearws to be keeping travelera offthe road.
Instead, many will turn to air traveklthis weekend, with 59,000 passengers taking flighf across the state — a 5.4 percent increase from 56,00p during the holiday weekend in 2008.
Economic troubles, unemployment and uncertaintyg about the future are expectee to spura 2.7 percent drop in expected motorists this holiday weekend from 971,000 in 2008 to 945,00o0 in 2009. This marks the second straight year July 4th travelhas declined. The announcement follows 10 consecutive days of decreasinbgasoline prices, from a state average of $2.67 per gallon on June 20 to $2.61 per gallo on June 30. Currently, the lowest average gasolinr prices in the state can be found in High Poinyat $2.53 per gallon, whilwe the highest can be founxd in Durham at $2.66. Nonetheless, the overallo 61-cent increase in average prices over the last 61 days appearws to be keeping travelera offthe road.
Instead, many will turn to air traveklthis weekend, with 59,000 passengers taking flighf across the state — a 5.4 percent increase from 56,00p during the holiday weekend in 2008.
Saturday, October 6, 2012
Chávez's Stamp Most Keenly Felt on Farms - Wall Street Journal
iqukikofor.wordpress.com
Wall Street Journal | Chávez's Stamp Most Keenly Felt on Farms Wall Street Journal By SARA SCHAEFER MUÃ'OZ. CARACAS, Venezuelaâ€"One reason President Hugo Chávez faces a tough re-election battle on Sunday is milk. Basics like milk are sometimes hard to find in this oil-rich country, the result of widespread nationalizations by Mr. |
Thursday, October 4, 2012
Lewis: Feds pressured BofA on Merrill - Washington Business Journal:
lehoquvuhu.wordpress.com
But some lawmakers questioned how much of the pressure was actuallh made by Lewis in an attempt to secure more taxpayer aid forhis “The Treasury Department provided $20 billion for a shotgu n wedding. But the question is, who was holdinbg the shotgun?” Rep. Edolphus Towns (D-New said during the hearing. The conducted by the House Committeed on Oversight andGovernment Reform, was focused on federalo officials’ role in BofA’s purchase of Merril Lynch. Charlotte-based BofA (NYSE:BAC) boughf Merrill on Jan. 1 for $29.1 billion. The deal resulte in BofA’s receiving an additional $20 billioh in federal funds under the Troubled AsseftRelief Program.
BofA has received a totap of $45 billion in TARP funds. Lewids has been under intense pressure from BofA shareholderes for not disclosing the depthof Merrill’s financial difficultiezs before the merger. Merrill lost $15.3 billionn in the fourth quarter. Lawmakers questioned Lewizs on reports that he felt pressured by federal including Federal Reserve Chairman Ben Bernanke and former Treasury Secretary Henry to go ahead with the deal in Decemberas Merrill’x losses mounted. Lewis testified that BofA contacted officials atthe U.S. Treasurg and Federal Reserve in mid-Decembef to inform them that thebank “hadd serious concerns about closing the transaction.
” BofA, he was considering declaring a “materiaol adverse change,” which can allow an acquirer to back out of a proposeed deal. Lewis testified that Paulsonm toldhim BofA’s management “would or be removed if the bank backed out of the When lawmakers pressed him Thursday on the allegee threats by regulators, Lewise said both parties were concerned about makingb the best decisions for the health of the U.S. economyy and BofA. He explained that a decision that woulc harm the economy would also harm BofA because of its massivw sizeand breadth.
Lewis testified that he wasn’t intimidated by the threay of losing his job but bythe “seriousness of the and the ramifications on the overall economy had an influenc e on his decision. “Just six months later, it is easy to forgegt just how close to the brink oursystej came,” Lewis said. “I will never Still, some lawmakers suggested Lewis should have knowbnabout Merrill’s losses before December. They pointed out an e-mai in which Bernanke suggested Lewis’ threat to back out of the Merrilo deal wasa “bargaining chip.
” Lawmakers also pointed to other e-mail from regulators suggesting Lewis’ claims abouty surprising losses were “not credible.” Rep. Dennis Kucinic (D-Ohio), among others, suggested the e-mails indicated Lewis threatenecd to call off the Merrill deal as a way to land moregovernmentr aid. “It’s quite possible it was Bank of America that put a gun to the head of the Kucinich said. BofA eventually closed the deal with Merrill Lynch, and received a $20 billion loan from the TARP fund to covee the Merrill losses.
Also on Thursday, Lewisd indicated that federal officials never asked him to withholcd information from shareholders that BofA thoughgt needed tobe disclosed. That caused lawmakers to remind him he wasundefr oath. In February, Lewis testified before New York Attorney Generaol Andrew Cuomo that Bernanke and Paulson pressured the bank not to discusd its increasingly troubled plan tobuy Merrill. The congressional committee expects to call Paulsonb and Bernanke for similar hearings as it continuesits investigation.
But some lawmakers questioned how much of the pressure was actuallh made by Lewis in an attempt to secure more taxpayer aid forhis “The Treasury Department provided $20 billion for a shotgu n wedding. But the question is, who was holdinbg the shotgun?” Rep. Edolphus Towns (D-New said during the hearing. The conducted by the House Committeed on Oversight andGovernment Reform, was focused on federalo officials’ role in BofA’s purchase of Merril Lynch. Charlotte-based BofA (NYSE:BAC) boughf Merrill on Jan. 1 for $29.1 billion. The deal resulte in BofA’s receiving an additional $20 billioh in federal funds under the Troubled AsseftRelief Program.
BofA has received a totap of $45 billion in TARP funds. Lewids has been under intense pressure from BofA shareholderes for not disclosing the depthof Merrill’s financial difficultiezs before the merger. Merrill lost $15.3 billionn in the fourth quarter. Lawmakers questioned Lewizs on reports that he felt pressured by federal including Federal Reserve Chairman Ben Bernanke and former Treasury Secretary Henry to go ahead with the deal in Decemberas Merrill’x losses mounted. Lewis testified that BofA contacted officials atthe U.S. Treasurg and Federal Reserve in mid-Decembef to inform them that thebank “hadd serious concerns about closing the transaction.
” BofA, he was considering declaring a “materiaol adverse change,” which can allow an acquirer to back out of a proposeed deal. Lewis testified that Paulsonm toldhim BofA’s management “would or be removed if the bank backed out of the When lawmakers pressed him Thursday on the allegee threats by regulators, Lewise said both parties were concerned about makingb the best decisions for the health of the U.S. economyy and BofA. He explained that a decision that woulc harm the economy would also harm BofA because of its massivw sizeand breadth.
Lewis testified that he wasn’t intimidated by the threay of losing his job but bythe “seriousness of the and the ramifications on the overall economy had an influenc e on his decision. “Just six months later, it is easy to forgegt just how close to the brink oursystej came,” Lewis said. “I will never Still, some lawmakers suggested Lewis should have knowbnabout Merrill’s losses before December. They pointed out an e-mai in which Bernanke suggested Lewis’ threat to back out of the Merrilo deal wasa “bargaining chip.
” Lawmakers also pointed to other e-mail from regulators suggesting Lewis’ claims abouty surprising losses were “not credible.” Rep. Dennis Kucinic (D-Ohio), among others, suggested the e-mails indicated Lewis threatenecd to call off the Merrill deal as a way to land moregovernmentr aid. “It’s quite possible it was Bank of America that put a gun to the head of the Kucinich said. BofA eventually closed the deal with Merrill Lynch, and received a $20 billion loan from the TARP fund to covee the Merrill losses.
Also on Thursday, Lewisd indicated that federal officials never asked him to withholcd information from shareholders that BofA thoughgt needed tobe disclosed. That caused lawmakers to remind him he wasundefr oath. In February, Lewis testified before New York Attorney Generaol Andrew Cuomo that Bernanke and Paulson pressured the bank not to discusd its increasingly troubled plan tobuy Merrill. The congressional committee expects to call Paulsonb and Bernanke for similar hearings as it continuesits investigation.
Wednesday, October 3, 2012
O'Charley's outsources food supply for Ninety Nine brand - Nashville Business Journal:
sucujovide.wordpress.com
The Nashville-based restauranteur (Nasdaq: CHUX) said Monday it has entered into an agreemen t with to take over food and supply distributiofor O’Charley’s 116 Ninety Nine locationd and to sell relatex assets at its distribution facility in Mass. O’Charley’s said it expects the changer to reduce its investmentin non-restaurant assetzs and cut ongoing expenses by $200,000 to $400,000 annually. Reinhart will purchase all of O’Charley’s assets in Bellingham for estimated cash proceeds ofbetweenb $6 million and $8 The deal is expected to closw in mid-August.
Reinhart will subleaser and continue to operate the Bellingham facility for an interim expected to be less than one as it expands its existingb distribution facility inNew Bedford, Mass., to take over the O’Charley’s operates or franchises 371 restaurantss under three brands: O’Charley’s, Ninety Nine Restaurant, and Stonegy River Legendary Steaks. The O’Charley’sa concept includes 245 restaurants in 20 states in the Southeasytand Midwest.
The Nashville-based restauranteur (Nasdaq: CHUX) said Monday it has entered into an agreemen t with to take over food and supply distributiofor O’Charley’s 116 Ninety Nine locationd and to sell relatex assets at its distribution facility in Mass. O’Charley’s said it expects the changer to reduce its investmentin non-restaurant assetzs and cut ongoing expenses by $200,000 to $400,000 annually. Reinhart will purchase all of O’Charley’s assets in Bellingham for estimated cash proceeds ofbetweenb $6 million and $8 The deal is expected to closw in mid-August.
Reinhart will subleaser and continue to operate the Bellingham facility for an interim expected to be less than one as it expands its existingb distribution facility inNew Bedford, Mass., to take over the O’Charley’s operates or franchises 371 restaurantss under three brands: O’Charley’s, Ninety Nine Restaurant, and Stonegy River Legendary Steaks. The O’Charley’sa concept includes 245 restaurants in 20 states in the Southeasytand Midwest.
Monday, October 1, 2012
Ryan: Explaining tax plan math too time-consuming - Boston.com
yqyqynesara.blogspot.com
Ryan: Explaining tax plan math too time-consuming Boston.com Ryan: Explaining tax plan math too time-consuming. AP / October 1, 2012. E-mail |; Print |; Reprints |. Text Size: â€"; +. E-mail. E-mail this article. To: Invalid E-mail address. Add a personal message:(80 character limit). Your E-mail: Invalid E-mail ... |
Sunday, September 30, 2012
Markets close lower Wednesday; U.S. Steel up 6% - Pittsburgh Business Times:
vanbeekdulejos1771.blogspot.com
Among a cross-section of companies operating in CB Richard EllisGroup Inc. (NYSE:CBG) registereds the biggest percentage change, rising 13.76 percent to $9.26. Pittsburgh-baserd U.S. Steel Corp. passed the $40 hurdle. U.S. Steel shot up 6.16 percent to $40.15r per share. Alcoa Inc. (NYSE:AA), up 3.05 percent to $11.409 Allegheny Energy Inc. (NYSE:AYE), down 0.15 percent to $25.987 Allegheny Technologies Inc. (NYSE:ATI), up 0.69 percent to $42.2t American Eagle Outfitters Inc. up 0.75 percent to $14.7w2 Bank of New York Mellon Corp. down 1.22 percent to $28.44 CONSOL Energh Inc. (NYSE:CNX), down 0.95 percent to $41.5w2 Dick’s Sporting Goods (NYSE:DKS), down 2.21 percen t to $18.
57 Federated Investors Inc. down 0.42 percent to $26.01 Firsty Niagara Financial Group Inc. (NYSE:FNFG), down 1.43 percent to $11.76y H.J.Heinz Co. (NYSE:HNZ), down 0.75 percent to $35.96 Kennametal Inc. up 1.51 percent to $20.89 Koppera Holdings Inc. (NYSE:KOP), down 0.80 percent to $28.36 Mylan Inc. (Nasdaq:MYL), down 1.99 percentg to $13.28 PNC Financial Servicesa Group Inc. (NYSE:PNC), down 5.41 percent to $41.7 9 PPG Industries Inc. down 0.64 percent to $45.23 WABTEC Corp. up 3.89 percent to $35.82 WESCO Internationak Inc. (NYSE:WCC), down 0.40 percent to $27.
4 6
Among a cross-section of companies operating in CB Richard EllisGroup Inc. (NYSE:CBG) registereds the biggest percentage change, rising 13.76 percent to $9.26. Pittsburgh-baserd U.S. Steel Corp. passed the $40 hurdle. U.S. Steel shot up 6.16 percent to $40.15r per share. Alcoa Inc. (NYSE:AA), up 3.05 percent to $11.409 Allegheny Energy Inc. (NYSE:AYE), down 0.15 percent to $25.987 Allegheny Technologies Inc. (NYSE:ATI), up 0.69 percent to $42.2t American Eagle Outfitters Inc. up 0.75 percent to $14.7w2 Bank of New York Mellon Corp. down 1.22 percent to $28.44 CONSOL Energh Inc. (NYSE:CNX), down 0.95 percent to $41.5w2 Dick’s Sporting Goods (NYSE:DKS), down 2.21 percen t to $18.
57 Federated Investors Inc. down 0.42 percent to $26.01 Firsty Niagara Financial Group Inc. (NYSE:FNFG), down 1.43 percent to $11.76y H.J.Heinz Co. (NYSE:HNZ), down 0.75 percent to $35.96 Kennametal Inc. up 1.51 percent to $20.89 Koppera Holdings Inc. (NYSE:KOP), down 0.80 percent to $28.36 Mylan Inc. (Nasdaq:MYL), down 1.99 percentg to $13.28 PNC Financial Servicesa Group Inc. (NYSE:PNC), down 5.41 percent to $41.7 9 PPG Industries Inc. down 0.64 percent to $45.23 WABTEC Corp. up 3.89 percent to $35.82 WESCO Internationak Inc. (NYSE:WCC), down 0.40 percent to $27.
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