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 ...



and more »

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.

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

BikeRadar.com


Tyler Hamilton's “Secret Race” named William Hill Sports Book of the Year

VeloNation



 »

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.

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.

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.

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

Tuesday, November 20, 2012

NCR refutes criticism from Ohio officials - Business First of Columbus:

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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:

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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:

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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.

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

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

CBSSports.com (blog)


Mike D'Antoni will bring Showtime back to the Lakers

SB Nation


Whicker: Lakers' move shockingly the right one

OCRegister


NBCSports.com -Los Angeles Times


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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

NBA.com (blog)


ESPN report: Lakers fire Mike Brown after recent loss to Jazz

Deseret News


Report: Los Angeles Lakers fire head coach Mike Brown

San Jose Mercury News


Boston.com -Lyndy's Sports Annuals -FanSided (blog)


 »

Thursday, November 8, 2012

Tuition fees hike 'may have benefited poorer students' - Telegraph.co.uk

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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

Times Higher Education


University gap between rich and poor narrows, report says

CITY A.M.



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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.

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.

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.

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