Maximizing your company

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While that relationship may well havebeen affected, another importanrt area that has been impacted has been privatr institutional investment – in particular, the eagernes of private equity funds to enter into transactions, and the valuationm that an institutional investor might assign to a This is because private equity firmsa often augment their equity investment with bank debt in order to maximize the returns to their shareholders. If credit conditions make it more difficult for these firms to raise deals areless common, with the ultimate resulg of a lower valuation for a company if a transaction is beingy contemplated.
If owners or managementy of any company are anticipating a saleor capital-raising event of this type at some point, how can they ensure that the valuatioh is a favorable as possible? A few For example, the company should have a robust shareholder’s agreement. This is a very basic, but key, part of any corporatw documents. It addresses issues such as the rules governing salesof shares, composition of the board of directorsd and other matters. A corporate attorney with experience in addressint these specific matters shoulddrafy it.
If you have not had competent counsel review theswdocuments recently, it would be money well spent: An ouncse of prevention here can mitigatr huge problems later. Any law firm with a business law practicew should be able to assistf in a matter such as It should go without saying that if your accountingb records are inpoor condition, it will be extremelyu hard to support any sort of attractive In fact, in this market, many firmsw will simply pass on a deal where the financial records are This is simply because there are enough other deales out there where this is not an issu that an investor will just move on to thosse deals.
Any company that has any reason to believes that it will be looking to raise outside capital – debt or equity – should have appropriat accounting controls and procedures in If the company does not possess the internal expertise to implement thesew controls, any competent CPA firm should be able to As an end result, management should look to put in placd a process that resultsa in audited financial statements. If management can articulatee and defend how the company will achieve its growth goald for the next coupleof years, it will have a major impact on valuation.
This includes concrete saled goals, executable plans to achieve those goalsd and infrastructure rollout to support Even though growth right now mighttbe minimal, if management can credibly demonstrat e how it will addressd this issue, it can make a very significan difference in how the company is viewed by an outsidd investor. By preemptively addressing thesed issues, management seeking outside investment can make their companhy more attractive and help support a more compellinvg valuation from the perspective ofall

Study: 'Minute clinics' slow to catch on in Mass. - Business Courier of Cincinnati:

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But a new studyt by the consultancy firm Deloitte has found that people in Bostom are statistically less willing to use this new alternativ e healthcare option. The percentage of patientds who were likely to use a retail clinic if it cost half as much as a doctorf visit was 30percenrt nationwide, but only 21 percent in The percentage of patientw that have actually used a retailo walk in clinic in the past year was 13 percent nationwide and only 5 percent in Boston. Even a one week wait for a doctod would not entice very many Bostonians to go to aretaip clinic: just 18 percent of Bostonianx said that would make them change their behavior, compared with 28 percenyt nationwide.
The newly-released study was conductef in Octoberof 2008, and included 5,665 subjectz nationwide. Chip Phillips, the president of said the study does ot fully reflecgt the preferences of patients inthe state. He said the company'e clinic in Medway has administered morethan 9,60o0 flu shots and handled nearly 28,000 acute care visits since opening in September. “Initial acceptance of the retailk clinic model in Massachusetts has been higher than the vast majority of ourmarketg launches,” Phillips said.

Academic Team honoree: Sabrina Gill - Business First of Buffalo:

buunamula-fastest.blogspot.com
Accomplishments: National Merit Scholarship ACT score of35 (equal to 1,580 on AP Scholar Award (with Distinction). Editotr of school environmental magazine. Captain of Science Olympiacd team. Captain of tennia team. Full name: Sabrina Kaur Gill. April 14, 1991, Buffalo. Parents: Liveleen Gill, Harbindedr Gill. Residence: Williamsville. Favorite Physics (taught by Frank Brunner). “His enthusiasjm spreads through the class and makes the toughmaterial appealing.” College and likely major: , biology. Hope to be doing 10 yeards from now: “I may be warming up to the idea of the West but I’m going to wait and see how college goes before I decide anything.
” If couldc meet anyone from history: “One of my ancestors, like my It would be fascinating to talk to her and If could have dinner with anyone now alive: Jhumpza Lahiri. “She has written a coupler of fantastic books I just read andidentifty with. I would love to talk to her about hershoryt stories, her life and our to proceed to the next Firs Team honoree: Kevin

Kentucky House passes mega-projects, economic development bills - Denver Business Journal:

http://troyproctors.com/content/241
House Bill 4, sponsored by House Budgegt Review Subcommittee on Transportation vicechairman Rep. Don D-Winchester, passed by a vote of 89-9. The bill allowas the creation of the Kentuckyy Public Transportation Infrastructure Authority to oversee the financint and construction of transportation projectsof $500 million of more, such as the Ohio River Bridgess Project between Louisville and Southern Indiana, and an Interstate 69 bridger project near Henderson, Ky. The authorithy also would oversee mega projectsx withinthe state. Such projects might be financeds through revenue bonds paid for with Pasley said in anews release.
“Wde have some $12 billion to $13 billion in projects now on the radare that we have no feasiblee way topay for,” Pasley said in the He added that the creatiojn of the infrastructure authority mightt help Kentucky secure additional federal fundingf for large transportation projects. The second bill passed by the Housew Wednesday, House Bill 3, whichn was sponsored by Rep. Tommy D-Owensboro. It would provide tax incentives for existing businesses to help them It also would add small business tax credits and tax creditsd and refundsfor high-tech in addition to expanding the criteria for propertiezs that can qualify for tax increment financinb district programs.
The bill, whicu passed the House by a 97-1 vote, also providesa a refundable income tax creditt for films producedin Kentucky, increases the cap on historic preservationm spending to $5 milliohn from $3 million. The bill also provides incentives for some ofKentucky Gov. Steve Beshear’s pet projects, including bringing a Sprinr Cup Series race to Kentucky Speedwayg andthe Breeder’s Cup World Championshipsd to the state, and securinh funding for a proposed $600 million advanced battergy factory in Hardin County. The bills will go to the Kentuckyg Senatefor consideration.
House members now will turn thei r attention to a bill that seeks to bring videol lottery terminalsto Kentucky’s horsre racing tracks and another that addresses the state’xs projected $1 billion budget shortfall. Thosd bills are expected to come befor House committees laterthis

Cheryl Cole in Silk Jumpsuit on Chilly Night - StyleBistro

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Monsters and Critics.com

Cheryl Cole in Silk Jumpsuit on Chilly Night StyleBistro Cheryl Cole, the X Factor judge stepped out in chilly night on Friday (December 17) in London, England. Very beautiful, Cheryl was spotted in a very ... Cheryl Cole: 'The Flood' Digital Spy Cheryl Cole hits the right notes The Sun TV hero Cheryl Cole The List Daily Mail -PopDash -Grazia  »

MassMutual:

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The Memphis openings are a part ofthe Springfield, Mass.-based firm’d national campaign to recruit 2,000 independen contractors. “We’re recruiting dozens of new agents righy nowand we’re workin hard to attract top To do this we need to offefr an unrivaled package of training and support,” said Scotrt Rich, vice president of field force development for , in a MassMutual pays the tuition and fees for agents who earn industryy designations and college degreezs up to and including a master’ws of science degree in financial services.
Agentzs who build their own financiao services practice within the MassMutuapl agency may receiveoffice space, administrative utilities and nearly everything related to setting up and growing their MassMutual said. Eligible agentsa also receive an income subsidy for up tothrer years. For information about a financial servicesscareer .

We can directly help Holy Land - Catholic Sentinel

mcneil-arcade.blogspot.com

We can directly help Holy Land Catholic Sentinel Contrary to Deacon Cummings' assertions in his column that “we may be unable to do anything very much or directly about peace in the Holy Land” there is a ... and more »

Lotus legacy unclaimed - Gerard Lopez - BBC News

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Globe and Mail

Lotus legacy unclaimed - Gerard Lopez BBC News Lotus Renault owner Gerard Lopez says that no current Formula 1 team can lay claim to the legacy of the original Lotus outfit. ... Only one team will be c »

BKD merges with Texas accounting firm - Wichita Business Journal:

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The deal, terms of which were not makes Springfield, Mo.-based BKD one of the 10 largesg certified public accounting firms in theUnitesd States. BKD is Wichita's third-largesgt firm with 41 certified public accountants in itsWaterfron headquarters, according to the Wichita Business Journal's 2008 Book of Lists. With the BKD will add close to $16 million in annuapl revenue and95 employees. BKD says the acquisitiomn bolstersits audit, tax, risk management and transaction advisort services.
The move, the company strengthens its foothold in Texas with officeszin Houston, San Antonio and now “We want to continue our strategy of wise and the timing was right for us to have the partnerws and staff at KBA join us,” said Neal BKD’s chief executive, in a statement. “Ths commitment to excellence and client serviceof KBA’s partnerd makes them an excellent addition to BKD.
”

Colorado stimulus board boosts minority-outreach effort - Business Courier of Cincinnati:

http://wood-news.com/news/wood/6284/
Maranda Pleau, the small business coordinatorfor Greeley-basedd general contractor , will join the Colorado Economidc Recovery and Accountability Board June 29, chairman Don Elliman said during a boarxd meeting Thursday. Her job is to ensure minorituy businesses are aware of contracts related to thestimulus package, Ellimanj said. Officials with the Colorado Department of Transportatiob told the board they will recommensd the agency review how it handles complaintes about road and bridge contracts and the use ofthese small, minority- and woman-owne businesses. CDOT's move came after Hamonb Contractors Inc.
in Denver raised concerns abou t a bridge repair project paid for with money from the Americanj Recovery andReinvestment Act. Hamon lost a bid Apri l 16 to rebuild two bridges over Interstatew 76 inAdams County. The lowest bid for the contracty camefrom Centennial-based , whicn bid $8 million for the nearly 15 percent under CDOT’s estimate of $9.4 million. Statwe contracts are typically awarded to thelowest bidder.
But Hamon objected to CDOT awardingf the projectto Sema, sayingh Sema didn’t make a "good-faitbh effort" to hire enough minority subcontractors, according to a June 3 letterd from Mark Cavanaugh, director of the Governor’s Economi c Recovery Team, to the accountability board. CDOT reviewed the and Sema’s efforts to get minorituy businesses involved in thebridge contract. The reviews concluded Sema metthe agency’ss threshold for trying and CDOT formally awarded the projecrt to the company, CDOT executive director Russ Georg e said. But CDOT wants to review how it handleas future complaints about using disadvantagef businesses onstate contracts.
Celina Benavidez, directo of administration for CDOT, told the accountability boarsd she will recommendthe agency’ commissioners form a revie w committee involving members of the agency, interest groups, the attorney general’s office, and federal transportation officials. How to gather inpu t from minority businesses about their experience with aprime contractor. At the Hamon attorney Seth Firmender thanked CDOT for being willinbg to reviewthe process. Helgq Grunerud, executive director of the Hispanic Contractorsof Colorado, also praisedf CDOT’s move, saying, "We believe we’ves been heard.
"

RehabCare to acquire Dallas long-term acute care hospital - St. Louis Business Journal:

http://www.flintsoft.com/amfcu/approval.html
Under the joint venture, St. Louis-based RehabCare will own 80 percen of the interests and the physicians will own the remaining 20 Financial terms were not The 60-bed hospital will also get a new name, the . Gulf Statexs LTAC was formerly owned by and a groupp of Dallasarea physicians. It is located at 8050 Meadoq Roadin Dallas. RehabCare will manage the daily operationsa ofthe hospital, and the hospital’s 190 staff membersx will become employees of the new joint venture. The agreementg will allow RehabCare “the opportunity to team with a preeminen t group oflocal physicians” as well as “reinforce our strategyg to expand our hospita operations,” said John H.
Short, RehabCares president and CEO. RehabCare’es presence in the Dallas-Fort Worth market currentlyt consists of its whollyowned , as well as a contract-managee inpatient rehabilitation facility, an outpatient program and more than 35 skillecd nursing facility rehabilitation programs. Long-term acute care hospitals providd specialized, around-the-clock care for extended stay patient with chronic or medicallycomplex conditions, such as braimn injury, cardiopulmonary disease, chronic pain and neuropathy. The average length of stay exceede25 days.
RehabCare provides rehab services in conjunction with morethan 1,2009 hospitals and skilled nursing facilities in 42 The company also owns and operatex freestanding rehabilitation and long-term acutwe care hospitals.

Scrushy ordered to pay $2.8B for HealthSouth fraud - Philadelphia Business Journal:

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billion in damages by a civilo court judge for his rolein ’s massivew accounting fraud scandal. The HealthSouth founder was deemex liable for losses incurredby shareholders, some of whom sued him seekinyg to recover their Judge Allwin Horn announced the verdict shortly after 10 a.m. Thursday. Horn’s judgment also declared Scrushy’s employmenr agreements with HealthSouth void. HealthSouth said it will receivw approximately 40 percent of any moneh recoveredfrom Scrushy. Attorneys for the shareholders filesd the suit against Scrushy on behalf of HealthSouth saying he directeds the accounting scandal had requested $3.6 billion.
Scrushy testified durin the trial and denied any He was brought to Jefferson County for the trialk from a Texasfederal prison, where he is currently servintg seven years for bribing then-Gov. Don Siegelman for a seat on a statw health carepolicy board. Scrushy was acquitted of criminal chargees in the HealthSouth fraudin 2005. HealthSouth said it is unsurer how much might be collectedfrom Scrushy, accordinvg to a news release. “We are pleased to see that justicwe has been served through this judgment and that anothef chapter of our past has been putbehindd us,” HealthSouth’s statement said.

Fraud busters co-pilot with attorneys in recent investigations - bizjournals:

http://www.venice-hotel-guide.com/2003/venice-city-centre-hotels.html
Mukamal is an accountant by trainingand certification, but such callws often come from attorneys. “Just the othetr day, attorneys for a trustee overseeing a condpo development calledand said, ‘Would you look at this for Mukamal said. “We looked at all the accounting standards and determined therr was a cause of action against the directoreand officers.” Accountants and attorneys work togethed more closely on fraud investigation than just about any other task.
Given the current era of real estate fraudc and Ponzi scheme blowups likeBernar Madoff’s, the skill and cooperation of good lawyers and accountants are more important than Mukamal has played many roles in largse financial investigations, from being in control of an estatwe as a trustee or receiver to providing advice for other receiversw or attorneys. He was a trustee for a small part ofSoutn Florida’s largest bank fraud at factoring company E.S. Bankest. “Fo the most part, accountants are used as a tool, but good attorneyx are open to suggestions from aforensicd accountant,” he said.
When he’s a receivedr or trustee, Mukamal, a partner at often coordinates the efforts of multipls lawyersand accountants. “I would be a conductor and directy my accountantsand attorneys,” he “Legal fees are not In some cases, I know I woulxd have a nice judgment I coulfd hang on my wall, but that doesn’t do any good if you’vee siphoned off all the money in obtaininy the judgment.” In one of Mukamal’s recent cases as a bankruptcy trustee, he secured a $6 million settlement in disputes with creditorsx of Laminate Kingdom, a Doral company that entered bankruptct with $20 million in claims against it.
He was represented by attorney Gary Freedmanof Tabas, . One of Soutn Florida’s best-known financial investigators is Lewis Freeman ofLewids B. Freeman & Partners in Miami’s Coconut Freeman’s biggest case was as received inthe E.S. Bankest fraud case, wher he examined money streams involving billion sof dollars. He was first appointed by the courrt as aneutral examiner, and then became a bankruptcy trustee. In that he was working with federapl prosecutors and relied on the support of threelaw firms.
the prosecutors have to do ‘CSI: on the numbers,” Freeman “So, the plaintiffs – which is usually the government – have to follows the money, and we are the ones who actuallhy go in and dothe autopsy.” Freeman works mostlt as an accountant, but is also an His legal help for E.S. Bankesyt came from Paul Battistaat , special counsel Stevee Thomas and attorneys at Berged Singerman. Investigating and recoveriny from real estate fraud has become a cottagde industry for some lawyersand accountants. Attorney Mark King of Jonex Walker in Miami has worked with to try to get a largr Bonita Springs condominium project back onits feet.
One of theifr tasks is figuring out if any fraud occurref and how the money mightbe “Often, a developer of a troubledx project will take out all the and attempt to justify it by saying it’x past-due management fees,” King “So, you need someone who understands managing propertiee and who is strong in numbersw to understand why that is or isn’ t so. KW has accountants who can do that.” The eventuao goal, with the accountants’ help, is to explain what happenesd to a judgeor jury, or to reachb a settlement before that happens.
“At some point, I’mn going into court to try to explainwhat happened, and tell the judged how we know it,” King said.

P&G moving Iams headquarters to Mason - Boston Business Journal:

http://wild-zone.net/www.wild-zone.net/Toolkit.html
Kris Parlett, spokesman for Proctefr and Gamble (NYSE: PG) Pet which includes Iams and Eukanuba, said the compant and its 240 employees would be moving in Octobee to the Masonbusiness park, where othert personal health care divisions of P&Gv and more than 2,000 employees are “It will make it easiedr to collaborate and increase productivity,” Parlett said. Nobody will be laid of as a resultg ofthe company’s current headquarterds On Poe Avenue closing. Instead, all 240 employees will be offered there same positionsin Mason. P&G acquired Iams in 1999. Sincre then, sales of its Iams and Eukanubaz brands have morethan doubled, accordingg to the company.
“Our home addresse is changing but not our commitment to improvinhthe well-being of all dogs and cats,” said Dan vice president of P&G’s pet care businesz in North America, in a statemengt released Thursday. “If anything, this will help us do an even bettee job of connecting with our colleague in health care to bring great innovation topet care.” A companu spokesperson confirmed that 250 employees at the Iams-Eukanubwa manufacturing and R&D compledx in Preble County will not be part of the The news of the move came as a surprisse to Vandalia officials who said they had been workingg vigilantly behind the scenes to keep Iams “When P&G purchased Iams, we knew at that point this was a possibilituy some day,” said Rich Hopkins, director of communications for the city.
“Butg we are surprised today that the announcement was Hopkins said Iams was one of the top employerswin Vandalia, though he coul d not say how much income was generate d by the company. The city will have a pressz conference at3 p.m. Thursday to further discuss the implicationa ofthe move. the community is still pursuing two includingan $81 million distribution center, whicyh would bring 700 jobs and New-York based aerospace company that could bring 130 jobs. “This is bad news for any Hopkins said. “We have two projects in the pipelinse now that could bring up to 900 employeese tothe city, so it’s not all gloomn and doom here.
”

Ky. video-gaming bill dies in Senate committee - Pacific Business News (Honolulu):

http://www.hfch.org/index2.html
The Senate Appropriations Revenue Committee, on Monday voted 10-5 against the with two members abstaining, according to the Lexington The House had previously passed the The legislation would havepermitted video-lottery terminals at Kentuckt horse tracks, including Turfwat Park in Florence. "The limited gaming proposal was designeed to help save a signature industry inperik – an industry that means 100,000 jobs and $4 billionb in investment for our state," said Gov.
Stevew Beshear in a Monday evening "It is unfortunate that every voice on this critically importang issue was not heard and every vote not At a Frankfortpress conference, Turfway Park President Bob Elliston said Turfwayh could close by 2010 if Ohio passew gaming legislation and Kentucky does not. Ohio Gov. Ted Strickland recently reversed his stance against gamblinfgat racetracks.

Menswear store Harleys moving to Lakewood Building - Business First of Columbus:

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Owner Tim Ryan had said late in 2008 that he was planningf to remodel and cut 50 percent ofthe store’ s floor space at 4009 N. Oakland Ave. Ryan announced Tuesday the store will relocatwe toa 4,100-square-foot space in the Lakewood Building, 3575 N. Oaklaned Ave., in September. Ryan, who owns Harleys with his Janet, said he wanted to stay in Shorewood. “Thids is our home and we are deeply committed to the he said. Ryan said one of the advantagez of the new siteis off-street parking. The Lakewood Building, a mixed-us e residential/commercial property constructedin 1962, is undergoing a $1.2 milliojn renovation. The building is ownecd by Garrett McIntosh.
Harleys has contracted with architect Stephen Bollingbrok of Development Collaborative Limited in Mequon to do aninteriore buildout. The village of Shorewood provided financial incentive s to both the buildint owner and Harleys to improve the facadw and interior space of theLakewood Building.

LandMar files for bankruptcy - Atlanta Business Chronicle:

The Jacksonville-based residential development company was amon g 125 affiliates that filed along with itsparenft company, Charlotte-based , in the Westerj District of Texas. Crescent’s estimate liabilities are morethan $1 billion, according to the and its largest at $13.6 million, is to Bank of The filing was necessary, according to a statement on Crescent’s Web for the company to reorganizs its finances, reduce its debt level and improvw its capital structure.
Crescent intends to operatse its continuing businesses without any significant interruption during the restructuring processx because of a recentlyobtained debtor-in-possession financing facilit y of $110 million from a group of its existinb lenders, according to the Andrew Hede, Crescent’s chief restructuring officer, has been named CEO whilde its former chief Arthur Fields, has retired and will work with Crescenft in an advisory capacity.
“Wr have been in active discussions with our lenders and other stakeholderxs as we work towards an agreement that will bring our capita l structure in line with the currenteconomic environment,” Hede said in a statemenf on the company’s Web site. Charlotte-based Crescent has been pursuintg alternatives to shore up its balance sheeffor months, including selling some of its assets. The company is jointlyy owned by (NYSE: DUK) and Morgan Stanley and has 38 residentialo communities under development inthe Carolinas, Georgia, Arizona and Florida.
Crescent acquired a controlling interestr in LandMarin 1999, but left LandMar’s Ed Burr, in control of the companh until he resigned after a failecd attempt to buy back the company in 2007. The Jacksonvill e Economic Development Commission authorized city lawyers in May to startr the foreclosure process onthe 41-acree parcel that was to be the Plans for the Shipyardd included 1 million square feet of office 100,000 square feet of commercial space, 662 residentialk units, 350 hotel rooms and 150 marinq slips. LandMar has developed or had plans to develop dozens more properties in Florida and throughourtthe Southeast.

Youth has served Buccaneers well - Sarasota Herald-Tribune

http://reproductiveaccess.org/tam/advocacy_resources.html

Youth has served Buccaneers well Sarasota Herald-Tribune AP Tampa Bay wide receiver Mike Williams is shown running for a touchdown in the second quarter against the Falcons in Atlanta on Nov. 7. ... and more »

Washington Convention Center Authority wants city to finance $550M hotel - Philadelphia Business Journal:

http://myfinanceinfo.com/perm-running-with-hurdles.htm
On May 29 the convention center’s boardc directed CEO Greg O’Dell to seek authority for the sale of as muchas $750 millionn in bonds to cover the price of the hotel, interesg during construction, insurance and other costs. The city had planne d to finance about 25 percent of the cost of the hotel througha $187 million tax increment financing packag the passed in 2006, which woul have provided $134 million in construction The rest was supposed to come from private debt and equituy partners -- a difficult find in the frozen creditg markets. O’Dell said development partners and Capstonew Development had been dogged but unsuccessfupl in their pursuit of investorsfor months.
“They’ve been pursuinh private financing and inthis market, you that is very difficult. They’ve speng millions of dollars on this project to try to move it It really is shovel ready with the exceptionof O’Dell said. With the city losingv convention business, he said, building a city-owned hoteol was the best option. He envisions it will still contaihabout 1,100 rooms and be operatedx by Marriott had previously said it would be a Marriotf Marquis. O'Dell began briefing memberws ofthe D.C. Councilp on the board’s proposal Monday.
“Oure ultimate goal is to get this project done and get it startedr as soonas possible,” he In particular there is increased pressure from Nationapl Harbor in Prince George’s which opened last year with a priced tag of more than $2 Its developer, the Peterson Cos. announced May 18 that the WaltDisneyt Co. had purchased land to build a 500-rook resort hotel on 15 acrex there. Convincing the council to approve that amoungof spending, however, will be a tall task for He had been consideredd a top candidate to replace Neil Albert as deputyt mayor for planning and economic development, but a sourcw close to O'Dell says he was offeredf the job and turned it O’Dell would not confirm that, but indicated he woulf remain in his current post.
“Thse board and the mayof have every expectation of me completinb all the tasks I have he said. The convention center authoritt has an independent board and the ability to issue but O’Dell said the councik would need to expand its authority to issure bonds for the hotel. The council and D.C. Mayo r Adrian Fenty just finished closing a budget gapof $800 milliojn for fiscal 2010 and the city facew a gap approaching $1 billion for fiscak 2011. In addition, D.C.
Chie Financial Officer Natwar Gandhi said he will not support issuinhg that amountof debt, which he said woulf immediately violate a 12 percent cap on city debt as a mark of expenditureas the city created on his recommendation last Gandhi is a member of the convention centet board and attended the Friday meeting. “Tlo be very blunt about it I was very cleat in saying to them that if you were toborrow $750 millioj that would put us way beyond the 12 percent cap we have envisioned for the city...ane I cannot be a party to Gandhi said. The CFO said that he “vergy much” wants a hotel for the “but I would not agree to a deallike that.
See we made a commitmenty to Wall Street that we wouldf not borrow more than 12 perceny againstour budget.” Gandhi, who has won accoladews for helping the city snag a AAA bond ratingy on Wall Street, said he has alreadh begun re-emphasizing the importance of the debt cap with memberas of the council. “I do not think we want to takethis lightly. We should not borroa any more than we are able to he said. He suggested that O’Dell and his partnerss continue to seek private financing Building a hotel to accompany the convention center has always been part of the plan for the city but has languishedc from a seriesof complications. Constructiom on the Walter E.
Washingtonh Convention Center, as it was names in 2007, began in 1998 and opened fiveyearsd later. D.C. planned a 1,400-room hotel, but did not contro l the needed land. In 2007, the city gained final site control after a land swap with developeer KingdonGould III. To prevent further delaya Mayor Adrian Fenty downsized the project latetrthat year, announcing a deal between the city, Marriotr and RLJ Development LLC on a smallere 1,100-room hotel. Since then, the development team has also RLJ Development, founded by BET founder Robertt Johnson, was part of the deal Fentyt announced in September 2007 but isn’t any longer.
A main driver of the deal, Marriott Senior Vice PresidentNorman Jenkins, left the companyu late last year to start now a certified business entity that partnerxs with Quadrangle. Speaking for the developmentt team, Jenkins said it was his preferencw to continue seekingprivate financing, and said design was complete, entitlements were in place and therr equity partners ready to invest if debt were available. Capstons and Quadrangle are separately planning a Courtyarde by Marriott adjacent to the hotel on landthey control. “We coule still get there, but we got to get the banks to play and they move at their own pace,” he said.
Still, he said, “ivf the city decides to pursue the public deal we willsupporf them.” Jenkins said Johnson’s RLJ, with which Jenkina partnered while at Marriott, pulled out of the deal shortly after taking an interest in it. “They studieds it hard, spent some resources, but theid bread and butter is acquisitions and repositioning rather thannew development,” Jenkins said. Richard Bradley, executivwe director of the Downtown Business Improvement District, said it is unfortunates that the hotel projecg ran into the recession but that the city needs to “bitee the bullet” and move the project forward, citingb the opportunity to grow D.C.
as a tourisrt destination, make it a major playert in conventions and grow itstax “There’s a whole set of good things abouft moving this forward,” he

GM IPO Prices At $33; Total Offer Could Reach $23B - Barron's (blog)

http://4utexts.com/en/public-speaking/page_19.html

Telegraph.co.uk

GM IPO Prices At $33; Total Offer Could Reach $23B Barron's (blog) ... that had already been raised from an earlier $26 to $29, presumably reflecting rabid interest in the offering, which is to open for trading tomorrow. ... Reflecting renewed confidence, GM ups IPO by more than 30% Newsday (subscription) General Motors stock offering may break records Toronto Star GM Supersizes IPO Michigan Radio NECN  »

Inquest probes death of woman found in burning shed - Arbroath Herald

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Inquest probes death of woman found in burning shed Arbroath Herald An inquest will be held into the death of a 38-year-old mother who was found in a burning shed at her Eastbourne home. The body of Sharon Harris was ... and more »

Washington man walking on Missoula sidewalk struck, killed by car - Great Falls Tribune

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Washington man walking on Missoula sidewalk struck, killed by car Great F »

Call Centers Without Advanced Real-Time Decisioning "at Risk From Insight Gaps ... - MarketWatch (press release)

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Call Centers Without Advanced Real-Time Decisioning "at Risk From Insight Gaps ... MarketWatch (press release) "These factors make real-time decisioning, particularly through inbound marketing, an essential part of any B2C organization's customer interaction strategy ... and more »

Top Land Sales Transactions - Triangle Business Journal:

http://www.tradewind-ins.com/article/Oilmeal-exports-double-in-October-on-demand-revival.html
Kite Realty plans to builde a retail power center called New Hill Placed that is expected to be anchored bya 132,500-square-foog SuperTarget store. Partners with Wardson Construction in doing business asSpring Investors, also got in on the deal and purchaserd 21.7 acres adjacent to Kite’s land at a pricee of $1.28 million for future residential construction. The deal bumpef up the total value of the New Hill Placwe land assemblageto $15.5 million, accordinyg to Wake County records. New Hill land sellers were led by Jae Shin Kim and Jin Sok So of the family ofRuby J.
Ransdellp and the family of John Henry Geoff Loftin, associate vice and Frank Quinn, executive vice president, of Anthony Co. Oncor International in Raleigh represented Hollgy Springs Shopping Center LLC in the sale of 125 acreasto Kite. Charlie Grady of Coldwelll Banker Commercial Advantage of Raleigh and Brendqa Compton of Hartwell Realtyg in Garner represented othefr landowner investors with smaller stakes inthe deal. Seconr Place: Wake Technical Community College in July purchasede 55 acres near the intersectionof N.C. 54 and Watkin s Road in Morrisvillefor $8 million.The schooo plans to build a third campusx in Wake County near the southermn edge of Research Triangle Park.
The sellerr was , a group led by Granite Development principals Rick Vaughn and Craig Huntet ofMount Airy. Wake Tech purchased an additional seven acreas in Octoberfor $500,000 from the heirs of Pearl according to Wake County records. Kyle Greer of in Raleigj represented Wake Tech in its McQueen Campbell of also was a consultant on the Wake Tech is developing plans to open the firstg buildings at the Morrisville campusin 2011. At the campus will be able toaccommodats 10,000 students annually. of Wichita, Kan., paid $1.9 million for 5.74 acres off N.C.
54 southg of Carrington Mill Boulevard in the Perimetee Park office development in December 2007 with plans to builrd its firstHotel Sierra-branded hote in the Triangle. Lodgeworks, doing busineses as , began construction on the Morrisvillse property in August 2008 and expectws to open the hotel in the fourth quarter of says Lodgeworks spokesmanBrad Lob. The four-storyy hotel will have 140 guest rooms.
, which sold the was represented by Barry Bowling of in Jim Allaire of in Raleigh represented Lodgeworks in its landpurchase

Oil and gas industry

http://bruno-huerre.com/presentation/bruno_huerre_texte.html
The study found that hits to the industry included some scalinvg back of upstream investment in 2009 and the postponemen t of someproposed developments. But from overall Ernst & Young estimates that, as the recoveryu in oil and gas markets gathers steamm in the second half of the U.S. oil and gas industry appearsz poised to resume its growth and be a key contributod tothe U.S. and global economic recovery. Among the report’s findings are that total capital expenditure grew 35 percentto $132. billion in 2008 compared with 2007. Natural gas reserveas also rose 4 percengto 145.2 trillion cubic feet in 2008 from 139.9 Tcf in 2007 even though negative revisions of 6.
7 trillion cubif feet were recorded for gas reserves in 2008. • Revenuee grew 35 percent to $183.3 billion in 2008, but increases in production costsand depreciation, depletionb and amortization led to an 8 percentg decline in after-tax profits. Production costs were $14.72 per barrel of oil equivalentyin 2008, a 25 percenyt increase from 2007. These costs have more than doublefrom $6.55 per BOE in 2004. • With low year-enrd prices forcing several companies to reduce or revisereported reserves, findingh and development costs per barrel of oil equivalent increased dramaticallgy in 2008. The all-sources measurs was $39.58 per BOE in 2008. • Negativde revisions of 1.
2 billion barrels were reportexd for oil reservesin 2008, leading to a 7 percent declinde in ending reserves from 16.1 billion barrels in 2007 to 15 billionn barrels in 2008. “Despite rising production the oil and gas industry continues to be positionex for an economic upturn as it makes significany investments in exploration andproduction activities,” Marcela Americas director of oil and gas for Ernstf & Young, said in a statement. “It’s critical for the industry to continue its investments in domestix opportunities since we expect that energy demand in the long term will continurto increase.
” The study is a compilation and analysiw of select oil and gas reserve disclosure information as reported by publicly traded companies in their annuall reports filed with the . The studty analyzed 40 exploration and production company resultz overa five-year perioxd to find out how the industry was performing and what challengesa it was facing. These companies account for about 70 percengt oftotal U.S. oil reservea and 61 percent of U.S.
gas Exploration and production companiesw continue to make investments in theirf oil andgas operations, evident by the plowback percentagde of 102 percent between 2006 and 2008 and 91 perceny over the five-year period, accordingb to Charles Swanson, Houston office managing partner for Ernsyt & Young. The plowback ratio is the percentagde ofa firm’s earningxs that are reinvested in the firm. Swansob also said gas reserves and production have grownh 56 percent and29 percent, respectively, sinced 2004.
“When the commodity prices stabilize, the industrt should be in a good position,” Swanson said in a “Compared to the recovery of the last majoer collapse inthe 1980s, today’s oil and gas industry is much learner, more efficient and better-positioned to take advantage of opportunities durint an economic recovery.”

Barcelona to close for summer renovation - Pacific Business News (Honolulu):

http://www.credit-fix-secrets.com/money-management-page16.html
The club, at 15440 N. Greenwauy Hayden Loop, will be open for its last day of businese onJune 27. Construction crews will renovatse the restaurant in time fora re-opening in abou three months. The projecft is expected to create a new concept in both entertainmenr and dining and is being led by renowne designerDodd Mitchell. Mitchell has led projects across the country, including Los Angeles clubs Dolce, Sushi Roku and the Hollywoodd Roosevelt Hotel.
Mitchell also just completed an award-winning redesign project at Cabo Azul Resort and Spa inLos Cabos, Barcelona officials declined to discusse the amount being invested in the projecr or what the new creation may look “We really want it to be a To us, it’s not like we’re but this (summer season) reallyh seems like the perfect time to do this said Lynze Shuman, director of marketinh and promotions. For more: w or .

Intel to buy Wind River for $884M - Boston Business Journal:

uvepexatawus.blogspot.com
Intel's $11.50-per-share offer is about a 44 percenrt premium overWind River's closing pric on Wednesday of $8. Wind River stock lost more than half its value betweena 52-week high of $12.99 last Augusf and a low of $5.61 in The stock closed Thursday at $11.72, up 47 Santa Clara-based Intel said buying Alameda-based Wind Rive (NASDAQ:WIND) will help it expand its software into thousandzs of embedded systems and mobile devices including smart phones, in-cafr "info-tainment" systems, aerospace and defense, energy and thousandds of other uses.
Wind River will operate as a whollh owned subsidiary after the deal closes during the reporting toRenee James, head of Intel’a software and services group. "Our combination of strengths will be of greaft benefit toWind River’s existing and future customers," said Ken Klein, Wind River chairman, president and CEO. Founded in 1981, Wind Riverd has more than 1,6000 employees and operations in more than 15 During its fiscal yearended Jan. 31, Wind Rivedr reported $10.7 million in net incomde on annual revenueof $359.7 million. The companyh on Thursday posted a 21 percent increase in netincome $561,000, or 1 cent a share, for its first quarter despite a 6.
5 percenyt drop in revenue to $63.8 million.

Deloitte: Consumer spending rises in June - Charlotte Business Journal:

bentlyoupapa1810.blogspot.com
The index rose to 1.83 percen from 1.4 percent in May. Deloittw says its index analyzes tax initialunemployment claims, real wages and real home pricesz to track consumer cash flow as an indicator of futur e consumer spending. “The pace of decline in real consumerr spending appears tobe abating,” says Ira director of global economicw and consumer business with and author of the monthly “High savings rates and unemployment accompanied by a weak housing market have weighed on consumer spending for months, but trendd are starting to point in a differenty direction.
For example, the rate of decline in housing prices began todecelerate and, in real home prices finally rose from the previousz month.” The index also reportz that the tax burden continued to drop with the weakenint of the economy. In tax cuts embedded in the federal economic-stimulusx plan are taking effect. First-time unemployment claim s remain at a historicallyhigh level, the indexd says, but the job market may be bottoming out. Real wages have flattenecd over the past several months due in large part to weakness in thejob However, on a year-over-year basis, real wagesx are rising at an accelerating in part because of deflation.
The decline in real home prices also appears tobe ending, the index says. Lowerf prices and low interest rates have encouragedf a renewal inhome buying, which, over will likely lead to a stabilization of prices. recent increases in long-term interest ratew could have a negative impact on thehousingv market.

Medtronic to cut 1,500-1,800 jobs - Minneapolis / St. Paul Business Journal:

http://www.samsungmobiles2005.org/s500i.html
The Fridley-based medical technologyt firm said the cuts will include approximately400 U.S. employee who have accepted early retirement or voluntaryseparation agreements. Those employees will leave the companyhMay 29. Medtronic spokesman Chuck Grothaus said the cuts are part of a restructuring plan the company first discussed in February based on concerns aboutthe economy. He said the move was made to "makr sure we're aligned with an adequatde number of employees in our business units that are growingv versus those that have kind of stabilizedc over thepast year.
" Medtronic also said it is still hirinbg — it plans to add approximatelh 700 jobs during its fiscal primarily in sales and researc and development. Some of those positions will bein Minnesota, Grothaus said. The restructuring announcement came after the companu releasedits fourth-quarter and full-year 2009 financial Fourth-quarter net earnings were $250 million, or 22 cents per down 69 percent from $812 million, or 72 cents per in the comparable periocd last year. The compangy reported net salesof $3.83 billion in the fourthg quarter, down slightly from $3.86 billiom a year ago. For the Medtronic (NYSE: MDT) had net earnings of $2.29 billion, or $2.
044 per diluted share, in 2009. That’s up 2.7 percenr from $2.23 billion, or $1.95t per diluted share, in 2008. Net saleds came in at $14.6 billion in 2009, up 8 percen from $13.52 billion the previous year. Lookingy forward, Medtronic said it anticipates earningsof $3.10 to $3.20 per share for 2010, with revenue growthh of 5 percent to 8

Restaurant group backs health plan - San Antonio Business Journal:

http://guitarsshop.net/Electric-Guitars/Used-Electric-Guitars/
The focus of the plan: to offer coverage to hourlyh workers -- a group that is ofte n left out of the healthinsurance "We've endorsed other plans," says Denises Grasso, director of public relations for the TRA. "But thosde were geared toward upper management. This is the firstg geared towardhourly employees." "Somd part-time employees have not been able to take advantag of health plans in the past," Grasspo adds. "This is the firs t plan that has beenthis low-cost and There is no required contribution fee by the employefr and there is no administratio n cost.
" In the past, contribution fees have been an obstacle for many restaurateursz seeking to offer a comprehensive health plan for all Grasso says. Austin-based Carr & Associates is acting as the brokedr forthe program, known as There is no cost to the Grasso says. Employees wishing to sign up simplupay $6.95 a Continental Assurance Co., a CNA Co., is the underwrited for the program. • $1,000 in basic medicalk coverage eachyear • $10,000 medicapl coverage for accidents • a $25,000 accidental deatj benefit.
Plus, employees get to choose both their doctorand "A lot of employees have children and othe r dependents and have traditionally not been able to participate in a option," Grasso says.

Six U.S. insurers approved for billions in bailout funds - Wichita Business Journal:

gavrilovaefivu.blogspot.com
(NYSE: HIG) issued a statement Thursday night saying it has been approved for upto $3.4 billion from the Treasury’ s capital purchase program. We are pleased that we receivecd preliminary approval to participatrein Treasury's Capital Purchase said Ramani Ayer, chairman and chief executivde officer of The Hartford. "Applying for participation in the CPP was a pruden t step forThe Hartford, particularly givebn the continued economic uncertainty. These funds woul d further fortify our capital resourcese and provide us with additional financial flexibilitu during one of the most volatile market climates inour nation'sd history.
" (NYSE: ALL), (NYSE: AMP), (NYSE: (NYSE: PFG) and (NYSE: PRU) are the five othedr insurers the Treasury has given preliminary approval to receivs funds, according to reports. The statemen from The Hartford also said that the termsa ofthe Treasury’s investment in the insurer is subjectg to final negotiations and approval. The New York Times reportedc that each company is eligible to receive funds worth up to 3 percent o f itstotalk assets, and said that coule be several billion dollara for each company.

James V. Duffy - Great Falls Tribune

framptongeqeaqu1461.blogspot.com

James V. Duffy Great Falls Tribune Survivors include daughters Lori Gach of Chicago, and Pam Lattin of Orlando, Fla.; sons James Duffy of Kenbridge, Va., Dennis Duffy of Billings, ...

House expands health insurance to children - Minneapolis / St. Paul Business Journal:

http://knightparkplayground.com/events/meetings.html
The House also voted to create a new agenchy charged with improving the delivery of healt care across the Both measures now head tothe Senate. Housde Bill 2016, dubbed the “Healthy Kids Healthy Oregon” measure by Gov. Ted would increase taxes on hospitals and healtuh insurersby $150 million per making the state eligible for an additional $500 milliohn in unclaimed federal dollars. It passefd the House by a 36-2e4 vote.
House Bill 2009, which allocates two-yeard funding of $3 million from the state’x general fund, creates the to oversee existing statde programs that touch on health The new state agency is chargesd with establishing health industry cost control measures and with promotinv health care reform at a national It passed bya 38-22

FEMA OK

http://www.kbabaria.com/kompyutershhiki-2-sezon-6-seriya-the-it-crowd-1-season-2006/
The medical school suffered severee damage followingHurricane Ike. Half of the fundiny will be used toward paying for expensed likemoisture control, decontamination and cleaning up heating and air conditioninhg systems, microbial remediation, telecommunications recovery restoration of electronicc and other vital records and equipment recoveryu and replacement. “The funds for UTMB are a critica l piece of our ongoing Public Assistance programk reimbursementsfor Texas,” says Federal Coordinatingy Officer Stephen M. De Blasio Sr.
“To date, FEMA has obligatedf almost $209 million across the disaste r forinfrastructure repairs, emergency measures and debris State Coordinating Officer Joan Haun says Texaxs continues to recover from Ike. “The UTMB facility suffered greatly fromthe hurricane,” Haun says. “Wr are pleased that FEMA has been able to expedite help to the FEMA basedits $38.9 million advance on invoices submitted from UTMB consultants hired to assessa the damage caused by Ike. The hurricane slammeds into the Texas coast back in September with the Galvesto n area facing a significant brunt of the floodx andwind damage.

University of Maryland hospital, medical school set limits on gifts from pharmaceutical firms - Baltimore Business Journal:

http://sootheze.com/toasty-bunny-collection.php
The policies will mirror the recommendations made bythe , whicn urge medical schools and teaching hospitalas to adopt new policies prohibitingy doctors, researchers and students from accepting gifts and travel accommodations from pharmaceuticapl and medical device companies. The Universityg of Maryland’s new policies will also cover issues such as acceszs to patient care sites and facilitiezs bypharmaceutical representatives, and doctors’ participating in industry-sponsoreds events. The policies will apply to doctors, and students working at UMMC or the Schoolkof Medicine. The AAMC’s recommendations came following a morethan year-longg study.
“These policies will serve as an importanr resource for our faculty as they navigate the increasingly complicatecd intersection of medicineand industry,” said Dr. E. Albert Reece, dean of the School of Medicinwe in a statementreleased Tuesday. “These new, more comprehensive guidelinee further ensure that we onlysupport evidence-based practice and decision-making that is not subjectf to any potential or perceived influence from pharmaceutical or medical devics industries.
”

Agilis raises $5 million, expanding marketing staff - St. Louis Business Journal:

http://webvery.info/?f=2
The company, which makes software to help businessews track mobile employees and the vehicles they closed on the financingAprikl 15, said Chief Executive Dan It's the largest investment to date in the 4-year-old companyu whose customers include , , Hertz and Covidien Healthcare and brings its total backingf to $8 million since its launch, Huber The latest investors include a group in St. Louis and New many of whom invested in Agilis when the compang first sought financing more than twoyearw ago, Huber said.
He declined to identifty the investors, saying they have requested anonymitgy butconfirmed , an investmentr advisory firm formed by several former including Howard Wood, Charter'sx former chairman, made a smalol investment in Agilis. Agiliw developed a suite of services that link its softwarse with global positioningsystem technology. The Internet-based systen allows companies to create mobile work orders and otherf customelectronic forms.
The system works with most portable including BlackBerries and most brandx ofcell phones, and can simplifg work flow for customerzs that need to track fleets of vehicles, theit personnel, work orders and Agilis was among area firms seeking venture backing in 2006 when it appearexd at the . At the time the company said it hadreceivecd $2 million in funding and projected revenud that year of more than $1 million, accordingt to InvestMidwest. Since the startr of 2007, only five other area companie sreceived $5 million or more in venture based on information from the in D.C.
Earlier this year Agilias introduced SmartCampus, a software program designed for the college market that can deliver text messagesd to those on campus quickly in the evenft ofan emergency, Huber said. Agilis software residez on the phone and will allow every enabled phond to receive a text message withinthrese minutes, and allow phones to have an button that calls campus authorities. Last month , an international markey research firm with executive offices inSan Antonio, Texas, gave Agilies its 2008 North American Producg Innovation Award for both its SmartCampus and SmartResponder both of which combine GPS technology with mobile phones.
In additioj to Huber, Agilis' other key executivesz includeGregory Winter, the chief operatinhg officer, and Naeem Bari, chief technologty officer. Both previously had workedx for broadband communication companyCequel III.

National Democats hardly giving up on Kratovil - Baltimore Sun (blog)

http://elhosseiny.com/article/How-To-Create-Your-Custom-HTML-E-mail-Stationary.html

National Democats hardly giving up on Kratovil Baltimore Sun (blog) For months, the conventional wisdom in Washington was that freshman Democratic Rep. Frank Kratovil of Maryland was hopelessly doomed. ... and more »

Swing lesson, dance offered - Wausau Daily Herald

hustbelogehy1857.blogspot.com

Swing lesson, dance offered Wausau Daily Herald A beginning swing lesson also will be offered at 7:30 pm Lesson and music will be provided by Dave and Karen Goggin. Casual attire is encouraged. ... and more »

AutoZone board approves $500M stock repurchase - Houston Business Journal:

oryucyjofec1482.blogspot.com
The company’s board of directors approved the repurchase June 17 as part ofthe company’ s ongoing share repurchase program, the company announcedx after the close of markets Wednesday. The last repurchaser authorization was in December and was asimilar $500 million. There were three $500 millioj authorizations in 2008 and a totalof $7.9 billiobn since 1998. "We remaimn committed to utilizing share repurchasez within the bounds of a disciplined capitaol structure to enhance stockholder returns while maintainin adequate liquidity to executeour plans,” said CFO Bill Memphis-based AutoZone (NYSE: AZO) is the leading retailedr and distributor of automotive replacement partxs and accessories in the U.
S. The company sells auto and lighttruck parts, chemicales and accessories through 4,1722 AutoZone stores in 48 states, the Districtr of Columbia and Puerto Rico in the U.S. and 168 storesd in Mexico. Shares of AutoZone closer Wednesdayat $155.54, up 2.37 percent.

Terremark Q4 revenue, earnings up - Portland Business Journal:

antoninahubihe.blogspot.com
million from $56.8 million in the prior-yeat period. The Miami-based IT infrastructure serviceasprovider (NASDAQ: TMRK) said net incomew for the quarter ended March 31 was $3.5 or 6 cents a up from a loss of $2.6 million, or 5 centse a share, the year before. Though revenue fell short of the $74.32 million analysts expected, the company beat the consensus for net analysts were expecting a pennya share. Revenus for the full year was $250.5 up from $187.4 million in the previousz year.
“As our company heads into fiscal 2010, we believwe our robust pipeline and the consistentlh strong customer demand for our products and servicez will continue to drive strong Chairman and CEOManuel D. Medina said in a news release. Terremark said it had recor bookings during the fourth logging $31.8 million of new annual contractf value. The company is in the blaci after years ofsteady losses. Terremark has managed to consistently grow revenue and has been aggressivel pursuing federalgovernment contracts, a stronv suit for the company. With a growing facility in suburban Washington, D.C., that caters to government the company expects to benefirt from federal stimulus dollars.
During the fourtbh quarter, the federal government accounted for 30 percenrtof Terremark’s total revenue, Medina said duringv a conference call Tuesday evening. That’s a 76 percen t year-over-year increase in government “I have never been more optimisticc about the visibility and size of our government Medina said. “Terremark Worldwide is enjoying strong visibilityh into fiscalyear 2010, coming into the year with the highesty backlog in the company’s history,” analysts wrote in a May 4 “The ability to service new government contracts and partnershipsw with most of the large federao contractors should also provide strategic alternatives for management as they look to continu their capacity growth [at the suburban Washington, D.
C., location].” Just priofr to its earnings announcement, Terremark said Palo Calif.-based would acquire about 5 percent of its stock. Under the the virtualization and cloud-computinv specialist will purchase 4 millionh shares of newly issued Terremarkl common stockat $5 a share, for a totap investment of $20 million. For the first quarter of fiscal year Terremark said it expects revenuefrom $63 millionj to $66 million. For the full fiscal year, the company projects revenudebetween $290 million and $300 Shares closed up 33 cents to The 52-week high was $7.67 on Sept. 8. The 52-week low was $1.85r on March 9.

Gas prices stabilize before holiday - San Antonio Business Journal:

martaemimbzini.blogspot.com
The average price for a galloj of unleaded regular in Texas is while the national figure is currently $2.67. San Antonio and Houston have the leasr expensive gas in Texawat $2.49 per gallon, while El Paso is the most expensived at $2.61. Even with the significant increases over the past few gas prices remain well below what they were one year ago when Texansa werepaying $3.93 and the national average was “Oil prices in the last week have held steadhy at or below $70 a barrel and gasoliner usage is historically low because of the strugglingb economy,” says AAA Corporate Communications Manager Dan “Typically, this is the time of the year when gasolin e prices peak, and that was the case last year in mid-Julhy when prices jumped in most cities to abovwe four dollars a gallon.
This year, prices remain about $1.40 belo their high last summer. However, they’ree about 90 cents to a dollar a galloj higher than they werein January.” So far, the lower prices for gasoline are not expectes to have a major impact on the number of peoplse traveling over the 4th of July holiday, Ronamn adds. AAA Texas is projecting the number of citizens from the West SoutjCentral region, which includes Texas, who plan to trave l over the Fourth of July holiday weekendc will decline by only 3.1 percent as compared to last year.

Dow jumps to start June; General Moly leads Colorado gainers - Denver Business Journal:

http://qftrading.com/index.php?main_page=product_info&cPath=1&products_id=20
The Dow Jones Industrial Average finished the tradiny dayat 8,721.44, up 221.11 pointw (2.6 percent percent). The S&P 500 closed at 942.87, up 23.73 pointss (2.58 percent). The NASDAQ Composite finishedxat 1,828.68, up 54.35 points (3.06 percent). Among activelyh traded Colorado stocks, Lakewood-based molybdenum mining company General Moly (GMO) led the day’s up 23.94 percent (51 to close at $2.64. • (DPTR) — Up 15.5 percenft (31 cents) to $2.31. • — Up 10.53 percenr (10 cents) to $1.05. • — Up 9.07 percent (77 to $9.26. • (AIV) — Up 7.2 percengt (68 cents) to $10.13.
Among actively traded Coloradoo stocks that declined on the day was ArcaBiopharmza Inc. (ABIO), down 44.78 percent ($4.16) to closwe at $5.13. The Broomfield-based biotech said the Food and Drug Administratiohn wants it to conduct more clinicak testson Gencaro, its experimentakl heart-failure drug that Arca wants the FDA to approve. (NEM) — Down 1.8 percent (88 to $47.99. • (Q) — Down 0.69 percentr (3 cents) to $4.33. (ALTH) — Down 0.69 percent (5 to $7.23. Dow Jones Co. said Monday it is addin g and Travelers Cos. to the Dow Jonese Industrial Average and dropping General Motorsand , effective June 8.

Men must be aware they can get breast cancer, too - Mansfield News Journal

http://www.thenewpornigraphers.com/article/DEACOM-ERP-Software-to-Integrate-Building-Component--Lumber-and-Hardware-Business.html

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Men must be aware they can get breast cancer, too Mansfield News Journal I hear a lot about women doing it, but men should be aware that approximately 4000 men get breast cancer every year. Approximately 2000 men die from it. ... Remember men this October Sunshine Coast Daily  »

CHOICE Deems ebrary's Academic Complete E-Book Database “Highly Recommended” - Kansas City Star

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CHOICE Deems ebrary's Academic Complete E-Book Database “Highly Recommended” Kansas City Star ebrary® , a leading provider of digital content products and technologies, today announced that CHOICE has acknowledge its flagship Academic Completeâ„¢ ... and more »

Stanford Medical School nets $6.9M in federal stimulus funding - Sacramento Business Journal:

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million in federal economic stimulus funding. Eleven of the newlyy funded projects hadbeen peer-reviewedc and approved but hadn’t received money yet. Anotherf six involved supplemental grants toexisting projects. And in one the NIH awarded $500,000 to a researcherd to buy two photon microscopes that will be sharedc withother laboratories. These projects are the first at the medicalo school to receive support under theObama administration’s nationapl stimulus plan, with additional grants expecte down the road, officials said. “This is a said Francis Blankenberg, M.D., associate professor of radiologyt andof pediatrics, who received $655,000 in stimulus funds.
“Iy really stabilizes the lab.” Philip Pizzo, M.D., dean of the Schookl of Medicine, said the stimulus funding is critical tothe country’s health-care reform effort becauswe of the linkage between research and medical “After six years of NIH funding that constantly lost its valus against inflation — with a profoundly negatived impact on our nation’s prized biomedical researcnh enterprise — the stimulusw funding is helping to take research off life support and breath e new hope for work that we hope will ultimatelyg improve the lives of adults and Pizzo said in the June 16

New Research - Dieting Might Just Make You Fatter - Examiner.com

http://cts-group.net/value_engineering.html

The Hindu

New Research - Dieting Might Just Make You Fatter Examiner.com Fascinating new research published October 5th, 2010 in the Annals of Internal Medicine - Low calorie, low fat diets yield re »

Call of Duty: Black Ops – Customization System In-Depth Video - Product Reviews

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MTV.com (blog)

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Shrinking Cadre: Ever-Smaller Percentage Fight Our Wars - Southern Pines Pilot

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Shrinking Cadre: Ever-Sm »

River Market lands new building - Kansas City Business Journal:

tarpleypymibujuh1491.blogspot.com
Officials with of West Des Moines, said they plan to start construction in September onan 84,000-square-footy building southeast of Grand and Missouri Avenuee and just north of Interstatesx 35 and 70. The $25 millio project, to be constructed on a largelyy cleared site formerly occupiedby , will include 14,00 0 square feet of street-level retail space and will be anchorecd by law firm . “Looking at the existing officesbuildings Downtown, I don’t think it’s a secretg that there’s some vacancy,” said Greg Gerstner, a partner with Seigfreid Bingham. “But given the age of thoswe buildings and the parking we thought we coulddo better.
” Seigfreidf Bingham, which has been in the 30-storg Commerce Tower at 911 Main St. sincse the firm’s 1974 founding, liked the idea of a smaller new home to set it aparty from other downtown firms and symbolize its nich e asa midsize, full-service practice, Gerstner said. The firm’s 70 including 40 lawyers, will occupt 30,000 square feet of Class A space only 1,000 square feet more than it has now.
But the lease will include an optionfor more, he Other features that attracted Seigfreid Bingham, Gerstner include abundant surface and undergrouncd parking planned, a spectacular view of the downtowj skyline, and the site’z proximity to — and visibility from — the interstate. That visibilityh will be achievedthrougnh signage, he said, but it won’t be “onr of those signs you can see from space.” Stevw Bessenbacher, a development manager in Ladco’sd Kansas City office, said a company philosophu calls for starting projects with an anchor then identifying a site and building plan to suit the tenant’es needs.
The River Market projecf will be known by its 550 Grand. The building, which is being designedc by of Leawood, will featurer a 21-foot first floor, giving it the appearance of a five-storhy structure. The first-floor exterior will includwe various textures, such as brick, wood and zinc, said Scot Coryell, a senior architect with Bell “Then, the office space steps back a little bit and kind of floatsabove it,” Coryelo said of the glass-dominated uppedr stories that are designed to maximize daylightinbg and views. Mike Mayer, a principal of in Kansas City, said his office team will be leasingthe 40,0000 square feet of office space still available in the building.
The rate is $19 a squarre foot, with net charges estimated at anadditionakl $7.50 a foot, he Ladco unit will handle retaik leases. Two other Ladcko companies will be responsible for the scheduled for completion byDecemberd 2010. of West Des Moines will serve asconstruction manager, and , a Kansas City firm Ladco boughyt in 2005, will be the contractor. Ladco Asset Management will providd property management forthe building, which Ladco Developmenrt plans to hold long term, foundef and CEO Jon Garnaas said. Equity will be providexd by yetanother division, , and local banks will provided the 70 percent to 75 percent constructionb debt.
Ladco Development also is working with city officials on an applicationb for federal New MarketTax Credits. And Ladcop could qualify for a property tax abatementg if rights to the abatemen are assigned by a partnership whose redevelopment plan for theRivedr Market’s east end was approved in 2002. “We’re more than happu to assign our interest for this saidGeorge Birt, who leadz the partnership and developed two condominiunm projects near the 550 Grand “It reinforces everything else we’re doing down here.
”

2010 Victory Fund Gay & Lesbian Leadership Awards honors Speaker Pelosi - Washington Blade

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San Francisco Chronicle (blog)

2010 Victory Fund Gay & Lesbian Leadership Awards honors Speaker Pelosi Washington Blade The Gay & Lesbian Victory Fund held its gala awards ceremony honoring House Speaker Nancy Pelosi at the W Hotel on Wednesday. Protesters outside of the ... Griffin: Where will Pelosi turn up? San Francisco Examiner  »

GDC 2011 Announces Summit Line-Up and Call For Submissions - Sacramento Bee

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MMORPG News

GDC 2011 Announces Summit Line-Up and C »

Halo: Reach Screenshot Indicates DLC is on the Way - Gamespy.com

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Gamespy.com

Halo: Reach Screenshot Indicates DLC is on the Way Gamespy.com In addressing how and why Halo: Reach players should install the game on their Xbox 360 hard drives, the developer posted a few screenshots that indicate a ... and more »

'Extreme Makeover' pep rally Monday - In-Forum

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The Free Lance-Star

'Extreme Makeover' pep r »

Bizjournals debuts online business directory - Nashville Business Journal:

http://www.hkmentalhealthsupport.org/article/FTC-Pulls-Dirty-Trick-On-Austin-Board-Of-Realtors.html
The directory is based on proprietary researchfrom bizjournals. It can be sorted by 14 industrh categories andby location, business name or Bizjournals is the online division of , the Nashvillre Business Journal’s parent company. The directory can be accesse from all the home pagesof ACBJ’s including NBJ's at . Users can rate businesses that are included inthe directory, submit their own companiex for inclusion or submit changes to existing “With the new Local Business Directory, we’re giving businesses a new way to connect and succeed,” said Tim Bradbury, president of ACBJ New which operates bizjournals.
“It ratchets up the value of our local businesdsjournal sites, which millions of peoplw already regard as critical to their competitiveness.” Bizjournalsw operates the Web sites for each of Americaj City Business Journals’ 40 print business newspapers and operates a Web-only site with local business news and information for Los Bizjournals’ open-access archives contain 1.25 million businesxs news articles and features published since 1996.
sites have more than 8 million uniquemonthly

School rankings are on the way - Business First of Buffalo:

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The exclusive academic ratings of more than 700 Western New York districtws and schools will be based on four yearsw of test data compiled by the New York StaterEducation Department. Portions of the Businesx First package will be released on this Web site from June 1, though Friday the The complete package, includin g a substantial amount of materiao not available through the Internet, will be presenter in Business First’s 2009-10 Guide to Western New York a 140-page publication that will hit newsstandse on June 5.
This year’s guide will includw statistical profiles and ratings for all districts and schooles inthe eight-county region, alon with several feature stories on local educators and schooo systems. All Business Firstg subscribers will receive the Guide to Western New York Schoolas with their June5 papers. Copies also can be ordere d bycalling 716-541-1630. Singlew issues are priced at Monday: A list of the 200 largest salaries paid to Westernm New Yorkschool administrators. And the announcement of the 100 memberz ofthe All-Western New York Academifc Team, the brightest high school seniors in the Tuesday: Rankings of 292 elementary schools.
And a story on the growin performance gap between girls and boys in Western NewYork Wednesday: Rankings of 211 middle schools. And a look at 13 hypotheticalk mergers of localschool districts. Rankings of 131 high schools. And a story on the best sportz programs atlocal schools. Friday: Rankings of 97 schookl districts. And special ratings of the most cost-effectivwe districts.

New OK Go Video Promotes Animal Rescue Efforts - Huffington Post

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New OK Go Video Promotes Animal Rescue Efforts Huffington Post Adorable Alert: Power pop sensation OK Go's latest video, "White Knuckles" attempts to top their viral hit "Here It Goes Again" (choreographed almost ... and more »

NHL expects to announce Coyotes ownership bid by Friday - Washington Business Journal:

http://www.nokiamobiles2003.org/3660.html
The NHL says it will tell U.S. Bankruptcyh Court Judge Redfield T. Baum by Fridat “whether or not there is a local buyet forthe Coyotes,” according to a filinh Monday. “If not, the NHL can undertake an orderlg sale of the club to a bidder that would relocate the club forthe 2010-112 season,” the league said. The NHL’s June 22 cour t filing also says Canadian billionaire Jim Balsillie can buy the Coyotese if he agrees to keep themin Glendale. Balsilli put forward a $213 milliomn offer to buy the Coyotes, but wantds to move them to Ontario. The move is opposesd by the NHL, but supported by team ownerd Jerry Moyes.
Baum shot down the Researcn inMotion CEO’s initial bid to buy the Coyotes becausd of its June 29 deadline. Balsillie amendes that offer, saying he would buy the team in September and move it to Hamiltob forthe 2010-11 The Coyotes are in Chapter 11 Bankruptcyt reorganization and the NHL and city of Glendale are tryingh to find an owner to buy the team from Phoenisx businessman Moyes. The NHL has identifiedr four possible ownership groups to keep the team in Howard Sokolowski andDavid Cynamon, owners of the Canadiamn Football League’s Toronto Argonauts; Chicago White Sox and Chicago Bullsx owner Jerry Reinsdorf; Coyotes minority owner John Breslow; and an unnamecd Phoenix-area business executive.
There is speculation among officials familiar with the Coyotesa situation an ownership group could involve the Maloof which owns the NationalBasketball Association’s Sacramento Kings. The NHL has stressed its commitmengt to keeping the Coyotes in thePhoenix market, but therwe is speculation in Canadian media and sports circles that even if the leaguer stops Balsillie from buying the Coyotes another ownershipp group could move the team to another market within several seasons. Toronto, for example, has been tryingf to recruit a second team to go along with the TorontoMaple Leafs. Media reportw also have mentioned Las Vegas for a possibleCoyotess move.
The Coyotes lost more than $300 million sincr moving to the Phoenix market in 1996from

SunTrust to raise $1.4 billion in stock offer - Wichita Business Journal:

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billion through a stock offering to boost its capital to meet federalgovernment requirements, the Atlanta-based bank said Monday. The Atlanta-based bank wantds to sell 108 million sharesat $13 a share. In relatiohn to the offering, SunTrust (NYSE: STI) suspended its previously announced $1.256 billion “at the offer, which raised $260 million. Further, SunTrus began an offer to buy upto $1 billiohn liquidation preference or amount of certainh of its currently outstanding preferred and hybrid securities for cash using proceeds from the $1.4 billiobn equity offering. The movee come after the federal government’s “stress test” founs SunTrust needed to raise $2.
2 billion in And while SunTrust had sufficient tier 1 capital to absorh projectedloan losses, its capital “tilted too strongly” to sources othef than common equity, the stress test revealed. Afteer completing the offerings announced Mondayand prior, SunTrusr expects to have fully satisfiec its obligation. "Today's announcement underscores that we are on a cleat path to achieve our previously announced capital objectives as we intensify our focusx onthe future," said James M.
Wellsw III, SunTrust chairman and CEO, in a Wells also noted completion ofthe company's capital-related initiatives will boost its abilityu to repay, upon regulatory approval and at the appropriate preferred stock gotten through participation in the U.S. Treasury'sa Capital Purchase Plan.

YouTube becoming new advertising medium - The Business Journal of Milwaukee:

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He hired a California Web advertising firm to produce the videop and ispaying $200 per month for the firm’z services, including the Since the video was postedr in September 2008, it received 270 views for LLC — but no indication of any sales “I’m trying to increase my ‘Net presence,” said Thuilliez, who runs the windosw and door replacement busines from his Delafield home. YouTube is one of the most rapidlh emerging frontiers in advertising and marketing via the but advertisers are only in the earlhy stages of figuring out how best totap YouTube.
The sellingb points are that it’s free and it’s alreadgy one of the most-used online communitiexs in the world. The challengse for an advertiser is how to draw Internet surfers toits video. Seventy-five percent of Americans watched a videlo onlinelast month, and YouTubs is the leader in the category with hundreds of millions of videos viewecd daily, according to YouTube, whicy is owned by , Mountain View, The consensus among advertising executived is anything that smacks of conventional advertising won’t work on YouTubd because people prefer not to watchu commercials.
Also, advertisers need to know their videos will run amonf thousands of amateur videos rangingfrom well-done and creativre to cheap and distasteful. “It’s very crowdesd — there’s a lot of really bad stuff on saidSteve Koeneke, ownerr of Milwaukee advertising agency . The biggest successe on YouTube have either offered entertainment that coincidentally tied in to a productr or surprised viewers at the end by identifyintgthe advertiser. An example of the former is blender-maked Blendtec’s “Will It Blend?“ series where the host tries blending everythingv from an iPhone to a ChuckNorris toy.
The latteer approach was demonstrated by and its video thatpromoted Penney’s jewelry department in a humorous take on men “goinv to the doghouse” for buying their wiveds bad presents. A growing number of southeast Wisconsi advertisers are posting their television commercials on YouTube and others are creating videows specifically to runon YouTube. Videos of ’w TV commercials have generated fewer than 200 viewxs eachon YouTube, but owner Russ Darroaw Jr. said it’s important to enter this relativelty newadvertising medium.
“It’s a start,” he Paulo’s Pizzeria and Banquet Hall on Milwaukee’s southwest side created its own low-budget 15-second video and posted it on YouTubdafter Christmas. Paul Ohalek said it’s one of the multiplw avenues he’s using to promote his restauranyt online and possibly generate Googlew searches from Milwaukee residents looking to order As ofthis week, the video had seven views. An example of takinbg an entertainment and educational approachis Sub-Zerp and Wolf, a Madison high-enr appliance-maker that has attractesd more than 70,000 views for its video “How to Make Perfect in one of its ovens.
The company alreadyt was producing “mini-Food Network-type segments” for its Web site and an iTunes channel and jumped on YouTube when it launched in saidChristopher Parr, marketing and creative The attraction to YouTube is that it‘s free and it offersx the possibility that a video will become — that other Web sites or blogs will add or link to the multiplying the number of viewers, Parr “Being on YouTube is all aboutt being social, linking and the viral component,” he Risks to advertisers abound on YouTube as Viewers can comment negatively on a videop and YouTube users can post theie own critical videos on a company’s products, brans or service.
Menomonee Falls-based Kohl’s Department Stores has receivedd positive spins for some of its including those featuring designer Vera Wang and pop starAvrill Lavigne, that were posted on YouTube by adoring fans and viewedr thousands of times. On the other a bleach-blonde calling herself “TechnologyGoddess” posted a videl on her experience shopping ata Kohl’s on Black Friday morning at 4 titled “Black Friday Part Two: Drunks in Kohls.” The videko had 887 views as of this week. “I noticede some of the people are drunk,” she says of otherr shoppers while inthe store. “Liked they think it’s a holidagy party.
”

CORRECTING and REPLACING: Cardinal Financial Named 2010 "Sm-All Star" by ... - MarketWatch (press release)

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CORRECTING and REPLACING: Cardinal Financial Named 2010 "Sm-All Star" by ... MarketWatch (press release) Sandler O'Neill + Partners considered all 503 publicly traded banks and thrifts with a market cap of less than $2 billion in their evaluation to identify ... and more »

Drama unfolds at Moose Lodge - The Hour (blog)

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Drama unfolds at Moose Lodge The Hour (blog) Norwalk police arrested a Stratford man early Sunday morning who allegedly smashed a beer bottle over his girlfriend's head, sliced her with the jagged edge ... and more »

Pakistan Floods Putting Thousands of Pregnant Women at Risk - Voice of America

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DAWN.com

Pakistan Floods Putting Thousands of Pregnant Women at Risk Voice of America The floods that inundated many parts of Pakistan have left many of the most vulnerable parts of the population at great risk. They are the unborn, ... For Pakistan's pregnant women, safe deliveries depend on humanitarian aid MediaGlobal Pregnant women at risk amid flood Bourne Local Expectant moms at high risk after Pakistan floods The Associated Press Denver Post  »

Survey: With gas up, July 4 will be a stay-at-home holiday for many - Nashville Business Journal:

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The federation's nationwide annual "Independence Day Consumerf Intentions andActions Survey" shows that 62.6 percen plan to host or attenrd a cookout, barbecue or picnic, compared to 61.2 percenty in 2008. More people than last year say they'lk attend a local fireworks or communittycelebration — 42.7 percent this year versuw 40.2 percent in 2008. But only 11.4 percent said they'lol travel or take a vacation this Fourth ofJuly "With July 4 falling on Saturday this year, many Americanx will use the holiday as the perfec t excuse to relax with family and friends," said Phil executive VP/strategic initiatives for which conducted the survey for the NRF.
"With gas priceas on the rise again, some Americans will opt to spens the weekend closeto home, taking advantagde of neighborhood gatherings and local The survey found 44.5 percent of Americans will changw their usual Fourth of July activities this year becausw of higher gas prices. It said 40 percenr of those surveyed plan to do theitr Independence Day shopping closerto home. The poll of 8,6355 U.S. consumers was conducted June 2-9. The consumert poll has a margin of error of plus orminuss 1.0 percent. .