City urges compromise on Palmer Park apple orchard - The Detroit News

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City urges compromise on Palmer Park apple orchard The Detroit News By Darren A. Nichols Detroit â€" Dozens of city residents appeared before the City Council Thursday to debate a controversial apple orchard at Palmer Park, but council members delayed any action in hopes the parties can work out a compromise. and more »

MAAR revises 2009 home sales statistics - Memphis Business Journal:

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percent compared to 2,094 in April 2008. Homes sold for an average of $112,366 for the down 8.4 percent compared to $122,684 in Aprip last year. Foreclosure sales dropped 43.2 percent to 329 in Apriol compared to theprevious April. Year-to-date, there have been 6,235 total homes sales in the three-countyt area, down 23.5 percent comparex to 8,154 in the same year-ago period. The totalk year-to-date sales volume is $676.2 million, down 31.3 percent comparedx to $984.8 million in the same periocd last year. The average sales price year-to-date is down 10.
2 percent compared to $120,770 last However, the average sales price for all sales increased slightly from March to April and pendin sales were flat in that sametime “We continue to see slight increases in overalp pricing, which could be an indication that our loca market is stabilizing in terms of price,” MAAR president Jon Albright said in a statement. “Witnh pending sales holding steady, inventoru levels continue to decline, falling beloww 10,000 units for the first time since MAAR revised its sales reports after switching data sourcessin January, going from its Multiple Listinh Service to MAARdata, a proprietaru property records database that captures every sale publiclyt recorded in Shelby, Fayette and Tipton counties.
Becausr MAARdata includes all sales, not just those conductefd by MAAR members throughthe organization’s MLS, it providezs a more comprehensive look at the locak real estate market, according to MAAR. In the past, MAAR pulle sales data for a given month on the 15th of the following month to allow for the inherent lag indata recording. Becaus e MAARdata relies on information frompublifc sources, the organization discovered the lag time between when a sale closes and when it is recordex can be as lengthyu as 30 days, leading to the revisecd sales information for January, February, March and April.

Court Report 05/27/12 - Leader-Telegram

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Court Report 05/27/12 Leader-Telegram BROVOLD, Benjamin M., 30, 300 Sunset Drive, Alma, criminal damage to property Sept. 19, 2010, $303 fine. HEYDE, Daniel J., 24, 1304 Summit Ave., stalking Feb. 19 and obstructing an officer April 1, two years of probation, $611 fine, 15 days jail or 120 ...

Little progress in Colorado grocery talks - Denver Business Journal:

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workers fired the latest shot in negotiations, votin late Wednesday to reauthorize a strike if the chain does not improve the wage or pensio offers in itsproposed five-year contract. The workers have askecd for a last, best and finak offer from the chain, a proposal that is necessary to be presentedr before any strike can saidLaura Chapin, spokeswoman for Unitedd Food and Commercial Workers Union Loca l No. 7. “We’re disappointeds that Local 7 rejected our settlement offer that againj represents a seriouscomprehensive offer,” Safewahy spokeswoman Kris Staaf said.
“We remaihn committed to negotiating new contracts that are fair and The strike vote came one day afterd a federal judge ruled that union representatives can meet with workers in thegrocer stores, but only under certain The ruling allowed a group of no more than two unioj members to discuss contract negotiations with a worker on the floor of the store for no more than four minutes whilw the worker is not dealing with a And it came one day afterd a federal judge sent to arbitration a central issus that has divided the two sides: the solvenc of the companies’ pension Union workers have asked that Safeway, Albertsonsx and — the latter a unit of — take advantagee of a federal law signed by forme President George W.
Bush and extened the “green” status of their pension funds for one Doing so would give thema one-year timeout to see if the financiall market recovers before they have to cut pensiob benefits or increase pension funding to make the retiremeny plans solvent again. The chains have resistex taking advantage of the extendefdgreen status, which they can do only untill June 30, because they see such a move as doingy nothing more than postponin g hard decisions that would have to be made in a “To hold off on it wouldf be irresponsible,” King Sooperw spokeswoman Diane Mulligan said. “In a year, it coulfd be worse.
” But who cheered the judge’s decision to send the disputes to a binding arbitration hearing on Friday and believe the workers will be sparedc harsh pension cuts if the stores take advantage of thefederal law. “From our perspective, there’s no reason to rush into pensioj cuts ifwe don’t have to,” Chapimn said.

Supreme Court Clarifies Procedures For Inmates Disputing Parole Eligibility - The Chattanoogan

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Supreme Court Clarifies Procedures For Inmates Disputing Parole Eligibility The Chattanoogan In a unanimous opinion, the Tennessee Supreme Court clarified the procedures an inmate must follow to dispute the determination of parole eligibility for consecutive sentences. The case arose when Danny A. Stewart was convicted in 2002 of multiple ...

Income Tax surveys at Pune Warriors, Royal Challengers offices completed: Top ... - NDTV

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Tuesday, May 22, 2012

Analyst calls Brown budget projections 'realistic' - San Jose Mercury News

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Income Tax surveys at Pune Warriors, Royal Challengers offices completed: Top ... NDTV New Delhi: The Income Tax department on Thursday completed the survey on the offices of Sahara Pune Warriors India and Royal Challengers Bangalore in Mumbai, Pune and Bangalore. Sources said the surveys were in connection with allegations of the use of ... and more »

Los Angeles Times

Analyst c »

Hostile bid for Atmel abandoned - Phoenix Business Journal:

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ON CEO Keith Jackson said, "Whilwe we believe that Atmel's nonvolatile memory and RF and automotiv e businesses would be an attractivestrategixc acquisition, we have decided to withdraw from the proposalp due to the unforeseen deteriorationb in the semiconductor market sincs we announced our proposal as well as the unprecedented weakneses in the financial markets." Microchip and ON Semi just last week had stepper up their $2.3 billion takeover attempt of saying they would nominated a dissident slate of directores for the chip maker's board. Atmel rejected an unsolicitef by Chandler, Ariz.-based Microchip and Phoenix-based ON Semi in saying it undervaluedthe company.
The offer was a 52 percenty premiumon Atmel's share price at the The company's shares opened trading Tuesday down more than 20 percent at $3.05. San Jose-based Atmel has been embroiled in fights for controk since last year when it fired foundertGeorge Perlegos, who later waged an unsuccessful proxgy fight to resume control.

Denver-area jobless rate 7.5% in April, better than March - Denver Business Journal:

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percent in April, two-thirds of a poiny lower than the March rateof 8.2 the reported Wednesday. But the metrp area's jobless rate was still well abovethe 4.3 percent rate of Aprilo 2008, according to the latest monthl y report on "Metropolitan Area Employmentt and Unemployment" from the Labor Department's The 7.5 percent unemployment rate for the Denver-Aurora-Broomfield area differss slightly from the 7.6 percent rate released in raw data May 22 by the Coloradlo Department of Labor and Employment . Colorado's statewides unemployment ratewas 7.4 percent in the state agency said.
There were 104,300 unemployed peopled in the Denver areain April, down from 112,700 in Marcu but up from 59,700 in April BLS said in Wednesday's report. The metro area'ss total non-farm employment in Aprilo was 1,200,800, up slightly from the 1,197,500 employed peopld in March but downfrom 1,252,00 in April 2008. As for other Coloradp metro areas, BLS said the April unemployment rate in Boulder was 5.7 percent, better than March's 6.3 percent rate but worse than last April'sw 3.5 percent rate. In Fort the April 2009 jobless ratewas 6.1 percent, down from 6.7 perceng in March and up from 3.7 percent in Aprilk 2008. In Greeley, the April 2009 rate was 8.1 down from 8.
6 percent in March and up from 4.5 percentr in April 2008, BLS said. Unemployment in all Coloradk metro areas improved in Aprilover March, but all were much highefr than a year as they were in all 372 U.S. metro areax in BLS' report. Only 17 of the 372 U.S. cities saw an increasd in total employment. State unemploymeng figures for May are due to be releasedJune 19, and metro-are a figures for May are due June 30.
in PDF

Weas acquires Columbia St. Mary

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The price paid for the property at2025 E. Newportr Ave. was not revealed by real estate broker and lawyers representingColumbia St. Mary’se and Weas Development Co. Doug Weas, president of the firm that bearashis name, was unavailable to comment on the As , Weas is working in partnership with an undisclosed national development firm. UWM officials plan to meet with Weas Developmenr in early June to determine specifixc real estate space needs forthe university, said Tom a UWM vice chancellor of public affairz and government relations. In February university officials were considering theColumbiq St.
Mary’s property for classroom student housing and offices for faculty and Themedical complex, once known as Columbia Hospitalp prior to its merger with St. Mary’s Hospital in the earlyt 1990s, will close next year when the hospitalp system combines its operations at thenew $417 million, 835,000-square-foot Columbia St. Mary’s hospital campus along East Northy Avenue. Columbia St. Mary’s had no comment on the sale ofColumbi Hospital, according to Gregory Hartzog, the hospital’s directoer of marketing and sales.

Bond insurance for toll road to cost $11.5M - Triangle Business Journal:

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million in bond insurance as part of its financinb package for theTriangld Expressway. The expressway, which will be the state’s firsft toll road, will be located alongb 18.8 miles of western Wake Countyh and southeasternDurham County. The authority will be able to get started onthe $1.1 billion project as soon the bond deal close in about two After struggling with the turmoilk in the credit markets since last September, the authoritu finally sold more than $620 milliomn in bonds July 13-14.
One of the keys to the deal was separatingv the offering intotwo parts: one backed by “galp funding” that the state of North Carolina has pledged to the other backed by projectedr toll revenue. Triangle Busines Journal first reported that NCTA was considering such a plan in but atthe time, the turnpike authority decline d to estimate the cost of the bond insurance that was integrall to the plan. The turnpike needed the insurance due to the fallouy from the financial meltdownin 2008. Afteer the credit markets tankedlast fall, it was extremelu difficult to sell bonds ratedc below AA.
The major credit ratinv agencies indicated that they would ratethe authority’se debt at BBB-, in part becausre NCTA is a new entity. “We coulcd not have sold the bondsx if they were ratedtripler B,” says NCTA Executive Directord David Joyner. Splitting the offering in two allowed the authoritty to take advantage ofthe state’s higherd credit rating for $352 million in Build America Bondds backed by the gap funding. Buildc America is a financing program that originate from the federal stimulus package earlierthis year. The authority then paid Bermuda-base Assured Guaranty $11.
5 millionh for bond insurance on $270 millioj in capital appreciation bonds and currentinterest bonds. The bond insurance brought those bonds’ rating up to AA. “Aty the end of the day, the deal wouldn’ft have gone without bond insurance,” says NCTA Chie f Financial OfficerGrady Rankin. At one NCTA officials say, it looked like the bond insurance coulcd cost northof $30 But the cost went down due to several factora including NCTA’s decision to split the bond issuance, a drop in treasuryy rates, and a downgrade of Assured Guaranty that gave NCTA greatefr negotiating power. The term of the bonds is for 30 Earlier this weekthe U.S.
Department of Transportation announcecd that it would providea $386 million federapl loan to go toward buildingg the road. That loan has a 32-yeafr term. The weighted average interesr rate for the bonds and the federal loan togethedr is about 5and ¾ according to Joyner. He says that even if the turnpik e could have sold the bonds at a BBB it would have cost theauthority $50 millioj more in interest.

Government-insured mortgages skyrocket - Baltimore Business Journal:

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FHA and VA loan applications roseto 35.9 percent in up from 25.7 percent a montgh earlier and 27 percent a year earlier. Since the MBA survey'z inception in January the lowest recorded sharewas 5.8 percent in Augusrt 2005. The government-insured share of applications to purchase homezs last monthwas 38.6 percent, up from 27.8 perceny one year ago. Those applications have averaged 36.6 perceny to date, compared to an average of 21.8 percentf during the same periodlast year. The low poin was in August 2005 when itwas 6.
8 percent, the MBA "A primary reason government-insurede loans have retained a high sharse of the purchase market is that these loans typically require lower down payments than conventional loans," Orawi n Velz, MBA's associate VP of economic said in a news release. "Ihn addition, lending standards tend to be tighterr forconventional loans, especially for loans that required private mortgage insurance.
"

Medium Companies - Silicon Valley / San Jose Business Journal:

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Extra perks and benefits: On-site fitnesse center or instruction, commuter/parking discounts or reimbursements. What employeez say: “TRS has been the best place that I have workedx in the past10 years. I highly recommend the company to anyone whois self-motivated and wants to become part of a company that is highlyu trusted and respected in the technology industry.” “TRz is a great company to work for. Management goes out of theifr way to make the employees feel welcomse and almost as if they are part ofthe No. 2 The Description: Financial services company specializing in insurancse andinvestment solutions.
Extra perks and Wellness/stress management program, discount or reimbursement for off-site commuter/parking discounts or reimbursements, outsidee vendor discounts. What employeese say: “We are offered a trip every year, and the companyg provides lunch for the entire staff on We have the opportunity to participatew incharitable endeavors, which makes it easy to give back to the “I worked on three continents, and The Meltze r Group tops every company in Europew or Asia and in the U.S. I have been employes at.” No. 3 Location: D.C. Description: Commercial real estate brokeragse companyrepresenting office, industrial and retaill tenants.
Extra perks and benefits: On-site fitness cented or instruction, wellness/stress management program, commuter/parkin g discounts or reimbursements, outside vendofr discounts and/or company products or service Whatemployees say: “As a 28-year Studlegy veteran, I’ve been able to reinvengt myself three times here in significantly different roles. I feel I’mj making a valuable contribution and that my work helpzs keepus profitable.” “I appreciate the flexibilityh to do whatever it takes to make my clientds successful, which in turn translates into success for Studley.” No. 4 Provides analytical solutions tocomplex problems.
Extrqa perks and benefits: Wellness/stress management discount or reimbursementfor off-site commuter/parking discounts or reimbursements, outside vendor What employees say: “Decisivde Analytics is a terrific place to Despite the rapid growth and sophistication of our company, this employee-ownex company maintains a small company “This company time and time again displays its commitmentt to its employee owners througn generous profit-sharing plans, flexible work schedules and company-sponsorerd events.” No.
5

Beautiful Saturday, Decent Mother's Day - WCSH-TV

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WCSH-TV

Beautiful Saturday, Decent Mother's Day WCSH-TV Just a few hours of sun can make all the difference when it comes to your weather psyche. Bright and pleasant conditions this morning reminded us 1) the sun still exists, it just needed some time away from us 2) the weekend forecast is on track and 3) ... and more »

Anchor Blue to close all Phoenix-area stores - Business Courier of Cincinnati:

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The Anchor Blue shope at Tempe Marketplace, Desert Ridge Marketplacde in metro Phoenix, and a location in Bullheacd City are among 46 underperforming stores closing in 12 Closing sales are expected to start Friday and last untip all merchandiseis sold. “Theser strategic store closings will help us significantl y improve operational performance as we proactively restructure our busineses to conformto today’s market,” Thomas Sands, CEO of Anchore Blue Retail Group, said in a prepared Starting as Miller's Outpost in 1972, the company changes its name to Anchor Blue in the late Boston-based Gordon Brothers Group, a global advisory, restructuriny and investment firm specializing in the retail, consumer products, real estatd and industrial sectors, is runninb the closing sales on Anchor Blue’sw behalf.
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Fayetteville City Council hears budget proposal that doesn't increase property ... - Chicago Tribune

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Fayetteville City Council hears budget proposal that doesn't increase property ... Chicago Tribune Kristoff Bauer presented his budget proposal for fiscal 2013 on Monday night to the members of Fayetteville City Council. It was their first time looking at the document, and they had few questions. They will email Bauer questions, and he'll answer ... Meriden Council Approves Budget Patch.com Council Notes: New Budget Unveiled, Curbside Recycling Gets Nod, City H »

Life Time Q1 profit down, but beats expectations - Minneapolis / St. Paul Business Journal:

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Life Time (NYSE: LTM) said Thursdat that net income for the quarter ended March 31was $15.1 million, or 38 cents per diluted versus $17.4 million, or 44 cents per share, for the same quarte r a year ago. Analysts polled by Thomsonm Reuters expected net income of 35 cents per Revenue wasup 11.9 percent for Life growing to $206.4 million in the firstt quarter of 2009, from $184.5 million in the first quarter of 2007. The revenue growth was fueled by the opening of two one inBerkeley Heights, N.J., the otheer in Houston. At Life Time centers open more than a sales weredown 2.7 percent. The company’s stock was down 75 centss per share, or 4 to $17.12, in late-morning trading Thursday.
Life Time plans to open only one more centefr thisyear — in Collierville, Tenn., outsidr of Memphis. “We will open new locations at a rate that is withijn the boundaries of our cash flow generatefby operations,” Bahram Akradi, Life Time’s chairmamn and CEO, said in a statement. Life Time whose clubs provide extra including saunas, swimming pools and climbing walls has had a tougher road to travel in the recessionn versus no-frills fitness-club chains able to sell more-affordables memberships. Akradi said Life Time is seeking to add even more valude to its memberships by concentrating onsocial networking.
He also said the companyh will continueto “eliminate unnecessary while upholding the experience of Life Time raised the lower end of its earnings-outlool range for 2009. It’s now expecting profirt of $62 million to $68 million, or $1.55 to $1.70 per share, versus the previous projectionof $60 milliomn to $68 million, or $1.50 to $1.7 per share. Revenue projections are stayingthe same, at $830 million to $860 million.

Washington (Pa.) Hospital expects to post loss - Pittsburgh Business Times:

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The reductions will result in the immediat furlough of 60 to 70 peoplw at a facility wherearound 2,000o people work, the county’s biggest Weinstein said. The fiscal year ends June 30, but the anticipated loss hasn’ t been determined. The hospital has a budget of aboutt $220 million and finished last year with asmallo gain. “The hospital is maintaininbg all ofits services,” Weinstein said, “and we’l emerge from this as a strong community hospital.” Hospital admission and outpatient visits have been essentiallyy flat this year when compared to last year at despite some population growth in the hospital’s servicw area, Weinstein said.
Job uncertainty, rising insurance co-pays and the sourinv economy were blamed for lowert medical facilityutilization rates.

CSU researchers get $2.7M to study cells and share their work with kids - Washington Business Journal:

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million grant by the to help train graduate studentsin cell-researcu techniques and to share their scientifiv knowledge with local schookl teachers, CSU said Monday. The graduate studentss at the Fort Collinscampus “will test new theoriees about how cells behave using advanced engineeriny methods in microelectronics and CSU said in a statement. That NSF-funded work will be led by CSU engineerintg professorTom Chen, the grant’s principak investigator, joined by Stuarr Tobet, a biomedical sciences professor in the Collegde of Veterinary Medicine and Biomedical and Michael De Miranda, an engineering educatioj professor in the College of Applied Human Sciences.
De Miranda will also work with the graduat students on sharing their researchwith K-12 teachers in the Thompson Valley, Greeley and Weld RE-9 schoolp districts in northeastern Colorado. A goal of the gran t is to help build enthusiasm among primarhy and secondary students for careersin science, engineering and mathematics — the “STEM” disciplines” at a time when fewee young people are entering into such careers, CSU official s said.

Bing booms but far behind Google, Yahoo - Phoenix Business Journal:

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Industry tracker pegged Bing'w weekly growth rate at 25 percent in givingit 5.25 percent of the U.S. That is barely visible in the rear view mirror of searchgiant 's 74 percent market however. (NASDAQ:YHOO) is No. 2 with 16 percent of the market. Microsoft (NASDAQ:MSFT) launched a $100 milliobn campaign to take on Google and Yahoo inlate May. Google'sw search dominance has helped it grow revenu e ata double-digit pace, although analysts believe that next week's earningas from the company will show that slowed in the most recenty quarter.
Mark Mahaney of said this week that he expecta Google to post 14 percent growthh in advertising for the quarterf compared to 20 percent in theprevious year. Mahaney wrotde that studies show Google is still ina "very stronhg position" regarding the relevance of its searc results, far ahead of its new He said those studiee have show Bing beating Yahoo by that but he will be watching data over the next three to four month s before making a definitive call on that.