Damontre Moore cites 'tough' choice ESPN DALLAS -- Texas A&M leading tackler Damontre Moore struggled with the decision on whether it was time to pursue his lifelong NFL dream or come back for his senior season. When he realized the support he had from teammates and coaches, he knew the ... |
Monday, December 31, 2012
Damontre Moore cites 'tough' choice - ESPN
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Sunday, December 30, 2012
Study ties drug shortage to poorer cancer survival - abc11.com
sucujovide.wordpress.com
abc11.com | Study ties drug shortage to poorer cancer survival abc11.com Young cancer patients who couldn't get a key medicine because of a national drug shortage were more likely to suffer a relapse than others who were able to get the preferred treatment, doctors report. It's the first evidence that a long-standing drug ... |
Friday, December 28, 2012
Alliance Bank shareholder blasts leaders - Washington Business Journal:
domnaofyvisyhojo.blogspot.com
a significant shareholder in Chantilly-based , took his complaintss about the troubled bank public Wednesday atthe company’se annual meeting at the Hyatt Dulles in Williams, who owns more than 100,000 sharez in Alliance (NASDAQ: ABVA), distributed a letterd to stockholders at the meeting and voiced his concernxs to the management, saying he had been “stonewalleds and backhanded by Alliance management,” according to a personb present at the meeting. Williams could not be immediately reachedcfor comment.
“I have been communicating with memberds of the board of directors and the management of Alliancer for more than two years regarding suggestionsw and alternatives needed to correct the problemsx that exist atthe bank,” Williams’ letted said. “My efforts have continued to fall ondeaf “I know that Mr. Williamw is generally unhappy with the performance of the bank over the past year and a A lot ofshareholders are,” said Allianc e CEO Thomas Young in an interview. “I’k also unhappy with the performancw ofthe bank.” Alliance Bankshares, which posteed a $479,000 first quartef loss, has lost money for six straightr quarters.
It lost $9 million in 2008. Sharez of Alliance Bankshares have been on a fairly steady declinre sineOctober 2006, when they sold for $17.27. Shares are now at a drop of 86 Williams’ letter said he has trieed to get a list of company stockholder s so he could communicate directly with but hasbeen “blocked at every turn by the obstinacgy of Alliance management and the board of directors,” his lettert said. “I am now resorting to distributing this at theannual meeting.
Younv said the bank offered Williams a list of stockholders on the conditionh that he sign an affidavit sayingv he would only use the names for his proxy fight to elecr newboard members, but that he refused to There also was tension at the meeting when Williamw asked for the specific count on the directort election, and the company refused to give it, saying it wouled list the vote count in a securities filinfg next month. Young said this was consisteny withprior protocol, but some shareholderd were irked. “As far as I’m concerned, Franjk Williams is dead on,” said Skip a shareholder who owns 5 percent of the company and attendedthe meeting.
“The numbers at the bank are he said. “It’s inefficiently run. It hasn’t made moneuy in six quarters.” Edgemond calls for more transparency at the bank and takesz his criticisms further than arguingthat “the company should be sold and consolidatesd into another bank.” Another Marianne Pastor, said she was concernef “that there did not appear to be a specific plan for enhancin performance. There was a great deal of discussion about the difficulties in the financialo worldin general. … But nobodh needed to go to that meeting tohear that. We needer to hear what’s going to happen to make thing betterfor Alliance.
” Younv responded that he felt the bank’s strategy was addressed at the Williams, 74, has served on local community bank boarde for more than 25 He was chairman of the former Rockville-basedc , which sold to in 1998. He is now on the boarc of the newCapital Bank, whicjh launched in 1999 as . At Williams has been trying to get new blood on the which has staggered terms fordirectorse “to avoid any attempt to make major changes,” according to his He suggested to Young and to Chairman Bill Drohan that the bank amen d the bylaws to allow for the election of more than two memberx at a time, and suggested that the company interview four candidates for board seats, including All four candidates were told that they were qualifie d and would be considered for seats, the letter Williams says he was told that two seats wouldf be offered.
He requested “in a congenial that the board consider a compromise of three new but his request wasnot addressed, he said.
a significant shareholder in Chantilly-based , took his complaintss about the troubled bank public Wednesday atthe company’se annual meeting at the Hyatt Dulles in Williams, who owns more than 100,000 sharez in Alliance (NASDAQ: ABVA), distributed a letterd to stockholders at the meeting and voiced his concernxs to the management, saying he had been “stonewalleds and backhanded by Alliance management,” according to a personb present at the meeting. Williams could not be immediately reachedcfor comment.
“I have been communicating with memberds of the board of directors and the management of Alliancer for more than two years regarding suggestionsw and alternatives needed to correct the problemsx that exist atthe bank,” Williams’ letted said. “My efforts have continued to fall ondeaf “I know that Mr. Williamw is generally unhappy with the performance of the bank over the past year and a A lot ofshareholders are,” said Allianc e CEO Thomas Young in an interview. “I’k also unhappy with the performancw ofthe bank.” Alliance Bankshares, which posteed a $479,000 first quartef loss, has lost money for six straightr quarters.
It lost $9 million in 2008. Sharez of Alliance Bankshares have been on a fairly steady declinre sineOctober 2006, when they sold for $17.27. Shares are now at a drop of 86 Williams’ letter said he has trieed to get a list of company stockholder s so he could communicate directly with but hasbeen “blocked at every turn by the obstinacgy of Alliance management and the board of directors,” his lettert said. “I am now resorting to distributing this at theannual meeting.
Younv said the bank offered Williams a list of stockholders on the conditionh that he sign an affidavit sayingv he would only use the names for his proxy fight to elecr newboard members, but that he refused to There also was tension at the meeting when Williamw asked for the specific count on the directort election, and the company refused to give it, saying it wouled list the vote count in a securities filinfg next month. Young said this was consisteny withprior protocol, but some shareholderd were irked. “As far as I’m concerned, Franjk Williams is dead on,” said Skip a shareholder who owns 5 percent of the company and attendedthe meeting.
“The numbers at the bank are he said. “It’s inefficiently run. It hasn’t made moneuy in six quarters.” Edgemond calls for more transparency at the bank and takesz his criticisms further than arguingthat “the company should be sold and consolidatesd into another bank.” Another Marianne Pastor, said she was concernef “that there did not appear to be a specific plan for enhancin performance. There was a great deal of discussion about the difficulties in the financialo worldin general. … But nobodh needed to go to that meeting tohear that. We needer to hear what’s going to happen to make thing betterfor Alliance.
” Younv responded that he felt the bank’s strategy was addressed at the Williams, 74, has served on local community bank boarde for more than 25 He was chairman of the former Rockville-basedc , which sold to in 1998. He is now on the boarc of the newCapital Bank, whicjh launched in 1999 as . At Williams has been trying to get new blood on the which has staggered terms fordirectorse “to avoid any attempt to make major changes,” according to his He suggested to Young and to Chairman Bill Drohan that the bank amen d the bylaws to allow for the election of more than two memberx at a time, and suggested that the company interview four candidates for board seats, including All four candidates were told that they were qualifie d and would be considered for seats, the letter Williams says he was told that two seats wouldf be offered.
He requested “in a congenial that the board consider a compromise of three new but his request wasnot addressed, he said.
Thursday, December 27, 2012
Inova Health System partners with George Mason University - Washington Business Journal:
mastering-input.blogspot.com
The Northern Virginia hospital system said its newly createxd Inova Life Sciences Research Collaboration Fund at George Masojn University can underwrite researchers at either organization on collaborativdresearch projects. Researchers would apply for the mone through a joint peer review process to conduct preliminary work on researc that would ultimately be funded through outside Even the management of the fund will be split betweenb thetwo organizations, with both Zobair executive director for research at and Roger Stough, vice presidenft of research and economi development at the university, at the Together they will fund life sciencez research that concentrates on areas such as chronic disease end-of-life provisions, health disparities, patient experiences in hospitala and clinics, and the use of genomics and proteomics, which is the study of the behavior of The new fund comes on th e heels of a new researchh center that Inova opened on its flagship Fairfa hospital campus.
The Center for Integrated Research, which includes a 15,000-specimen banking facility and a lab to testa patient’ds functional capability, is also headed up by Younossi. Since 2005, the two entitiesx have created research centers together wher GMU scientists and Inova clinicians partner on incorporatingthe former’s research work into the latter’s patient
The Northern Virginia hospital system said its newly createxd Inova Life Sciences Research Collaboration Fund at George Masojn University can underwrite researchers at either organization on collaborativdresearch projects. Researchers would apply for the mone through a joint peer review process to conduct preliminary work on researc that would ultimately be funded through outside Even the management of the fund will be split betweenb thetwo organizations, with both Zobair executive director for research at and Roger Stough, vice presidenft of research and economi development at the university, at the Together they will fund life sciencez research that concentrates on areas such as chronic disease end-of-life provisions, health disparities, patient experiences in hospitala and clinics, and the use of genomics and proteomics, which is the study of the behavior of The new fund comes on th e heels of a new researchh center that Inova opened on its flagship Fairfa hospital campus.
The Center for Integrated Research, which includes a 15,000-specimen banking facility and a lab to testa patient’ds functional capability, is also headed up by Younossi. Since 2005, the two entitiesx have created research centers together wher GMU scientists and Inova clinicians partner on incorporatingthe former’s research work into the latter’s patient
Wednesday, December 26, 2012
Two arrested for spate of north Lebanon burglaries - The Daily Star
andreychukuze.blogspot.com
The Daily Star | Two arrested for spate of north Lebanon burglaries The Daily Star Two arrested for spate of north Lebanon burglaries. December 26, 2012 04:31 PM (Last updated: December 26, 2012 04:37 PM). The Daily Star. This undated photo shows two men who were recently apprehended by police in north Lebanon for burgling over ... |
Monday, December 24, 2012
Academic Team honoree: Meredith Stone - Business First of Buffalo:
youngmanmeledero1636.blogspot.com
Accomplishments: National Merit Scholarship finalist. SAT score of Perfect score on threesRegents exams. AP Scholar Awardx (with Honor). Science President of Quiz Bowl. Full name: Meredith Laurq Stone. Born: October 9, 1991, Buffalo. Parents: Eileeh Stone, Jeffrey Stone. Residence: Grand Favorite class: European History (Donnw Seymour). “Mrs. Seymour tied together overwhelmint amounts of information and made it all Hers was my firstAP class, and I believd that it pushed me, and I grew as a College and likely major: , biology.
Hope to be doinfg 10 years from now: “I hope to be workinbg at as a researcher, and raising a family in the Buffalo If could meet anyone from QueenElizabeth I. “I would like to know how she dealgt with the pressures that came with being a woman in If could have dinner with anyone now Anna Quindlen. “She is a thoughtful and interestin person. I love reading her columns, and I thinik that she would have a unique perspectiver on the issues ofthe world.
” to proceeds to the next First Team honoree: Mary
Accomplishments: National Merit Scholarship finalist. SAT score of Perfect score on threesRegents exams. AP Scholar Awardx (with Honor). Science President of Quiz Bowl. Full name: Meredith Laurq Stone. Born: October 9, 1991, Buffalo. Parents: Eileeh Stone, Jeffrey Stone. Residence: Grand Favorite class: European History (Donnw Seymour). “Mrs. Seymour tied together overwhelmint amounts of information and made it all Hers was my firstAP class, and I believd that it pushed me, and I grew as a College and likely major: , biology.
Hope to be doinfg 10 years from now: “I hope to be workinbg at as a researcher, and raising a family in the Buffalo If could meet anyone from QueenElizabeth I. “I would like to know how she dealgt with the pressures that came with being a woman in If could have dinner with anyone now Anna Quindlen. “She is a thoughtful and interestin person. I love reading her columns, and I thinik that she would have a unique perspectiver on the issues ofthe world.
” to proceeds to the next First Team honoree: Mary
Sunday, December 23, 2012
Teacher shortage - Tampa Bay Business Journal:
ogarawo.wordpress.com
For every Ph.D. graduate looking for there were almost threepositions available. In recenft years, before the states’ budget crisesa cut into hiring, it was at four and five openingsa forevery Ph.D. graduate. The industryu is as close to a crisias as it has ever been in termsx of having enough warm bodiex at the top levels of education to train the floods of folks now signing up to be Without proper education channelsin place, finding a qualified CPA could prove more difficult in the future. “We’rd overrun with students wanting to majorin accounting,” says Rick who holds the Reynolds Professor of Accountancu at the . Mark Wilder is acutely aware ofthe problem.
As dean of the at Ole Wilder had the task of fillingt not one butthree doctorate-level positions in his departmenf this year, the single largest recruitment year in Wilder was recently named dean after an 18-month interim period. With 11 tenure-track faculty in the three clinical professors andone instructor, the department is at its “This fall we will be as fully staffed since I’vre been here at Ole Miss,” says Wilder, who joined the departmenf in 1991 at age 31. “Ift was an unusual situation hiring thre atone time,” he says.
“The market is touguh for those trying to hire quality According to research conducted by Jim the atthe , the number of accounting doctoratd graduates dropped to 116 in down from 149 in 2006. It reached a 16-year low in 2003 when the numbeer of graduateshit 103. What’s more says Hasselback, who has tracked academia numberefor 30-plus years, is the number of doctorate graduatesw who are in the U.S. on temporaruy visas, meaning most will return to theiehome country, further deteriorating the numbers. The situatiohn is further compounded by the graying of the academif ranks inaccounting schools, Hasselback says. Of the current 3,6423 accounting faculty with Ph.D.s at all 91 U.S.
accountinfg schools that offer doctorates, 1,631, or 44.82%, are 55 and The average age of retirementis 63.6. “Retirementr looms big on the horizon,” says Doyle former president of the American Accounting Association and chairmahn of the board for the Associatiobto . “It’s a big issu e for us.” Hasselback, Williamss and others, like Ole Miss’ Elam, who have watchee the profession forseveral decades, aren’t surprised by the currenrt situation.
Elam is formet director of the School of Accountancy at the and spenf six years at the American Institute of Certified Public Accountantsxfrom 1989-95 where one of the divisions he managed was Academicx and Career Development. “Wwe knew 15 years ago that there was a proble withthe professorate,” Elam says. “I think the shortages has gotten worse than we thoughtit Some, like Hasselback, predict that the only way out of the crisis will be to lower the standards for a schooll to be AACSB certified, meaningg fewer doctorally qualified faculty on The situation is so dire that at the end of July the announcee a $15 million initiative aimed at reversinbg the shortage of Ph.D.
accounting The Accounting DoctoralScholars program, funded by 70 of the country’s largest firms and some state CPA societies, will pay qualified students an annual stipen of $30,000 while they get their doctorate degrees in auditt and tax.
For every Ph.D. graduate looking for there were almost threepositions available. In recenft years, before the states’ budget crisesa cut into hiring, it was at four and five openingsa forevery Ph.D. graduate. The industryu is as close to a crisias as it has ever been in termsx of having enough warm bodiex at the top levels of education to train the floods of folks now signing up to be Without proper education channelsin place, finding a qualified CPA could prove more difficult in the future. “We’rd overrun with students wanting to majorin accounting,” says Rick who holds the Reynolds Professor of Accountancu at the . Mark Wilder is acutely aware ofthe problem.
As dean of the at Ole Wilder had the task of fillingt not one butthree doctorate-level positions in his departmenf this year, the single largest recruitment year in Wilder was recently named dean after an 18-month interim period. With 11 tenure-track faculty in the three clinical professors andone instructor, the department is at its “This fall we will be as fully staffed since I’vre been here at Ole Miss,” says Wilder, who joined the departmenf in 1991 at age 31. “Ift was an unusual situation hiring thre atone time,” he says.
“The market is touguh for those trying to hire quality According to research conducted by Jim the atthe , the number of accounting doctoratd graduates dropped to 116 in down from 149 in 2006. It reached a 16-year low in 2003 when the numbeer of graduateshit 103. What’s more says Hasselback, who has tracked academia numberefor 30-plus years, is the number of doctorate graduatesw who are in the U.S. on temporaruy visas, meaning most will return to theiehome country, further deteriorating the numbers. The situatiohn is further compounded by the graying of the academif ranks inaccounting schools, Hasselback says. Of the current 3,6423 accounting faculty with Ph.D.s at all 91 U.S.
accountinfg schools that offer doctorates, 1,631, or 44.82%, are 55 and The average age of retirementis 63.6. “Retirementr looms big on the horizon,” says Doyle former president of the American Accounting Association and chairmahn of the board for the Associatiobto . “It’s a big issu e for us.” Hasselback, Williamss and others, like Ole Miss’ Elam, who have watchee the profession forseveral decades, aren’t surprised by the currenrt situation.
Elam is formet director of the School of Accountancy at the and spenf six years at the American Institute of Certified Public Accountantsxfrom 1989-95 where one of the divisions he managed was Academicx and Career Development. “Wwe knew 15 years ago that there was a proble withthe professorate,” Elam says. “I think the shortages has gotten worse than we thoughtit Some, like Hasselback, predict that the only way out of the crisis will be to lower the standards for a schooll to be AACSB certified, meaningg fewer doctorally qualified faculty on The situation is so dire that at the end of July the announcee a $15 million initiative aimed at reversinbg the shortage of Ph.D.
accounting The Accounting DoctoralScholars program, funded by 70 of the country’s largest firms and some state CPA societies, will pay qualified students an annual stipen of $30,000 while they get their doctorate degrees in auditt and tax.
Saturday, December 22, 2012
Christmas travellers face major disruption due to rain - The Guardian
deeshu-tatum.blogspot.com
The Guardian | Christmas travellers face major disruption due to rain The Guardian Train passengers and motorists face major disruptions to their Christmas travel on Saturday with heavy rain and flooding closing roads and stretches of rail track. The Environment Agency issued four severe flood warnings and 50 flood warnings for the ... |
Thursday, December 20, 2012
Wednesday, December 19, 2012
NACA to add more than 1,000 jobs in Charlotte - Dallas Business Journal:
exceeding-commissioner.blogspot.com
The hiring will begin immediately, with the nationalp nonprofit hosting a job fair Friday and NACA focuses on lendingto low- and moderate-incoms families. Gov. Bev Perdue announcef the expansion Thursday, with the state givint NACA a $1 millionb grant from the One NorthCarolina Fund. It planzs to invest more than $4 million here, with 1,014 jobs expected to be added over the nextfive years. “Nortuh Carolina remains a strong presence inthe U.S. financer sector, and this is a tremendous opportunitg forthe Charlotte-area,” Perdue said. “Our top-ratee business climate and skilled financial-servicese work force are attractive to growingnational operations.
” NACA is headquartere in Boston and operates more than 40 officea nationwide. It currently employds about 100 workers in Mecklenburg County to originate and procesxmortgage loans. Under the five-yeard state incentive agreement, the organization plans to add 550 jobs The jobs will pay an average annuakl wageof $35,982. Salaries will range up to $80,00 0 annually. The hiring will focus on mortgage negotiators, customer-services representatives, call-center managers and mortgage counselors. “NACA is excitecd that it’s putting more than 1,000 people to work durinhg these tougheconomic times,” NACA Chief Executive Bruce Marks said Thursday.
“Today’s announcement is more than just a sound bite — we are following througnh on this investment by holding a jobs fair tomorroq to hire 550 people immediately.” Perduer said Thursday that she consulted with former Bank of Americaa Corp. Chairman Hugh McColl Jr. about the deal. McColkl has been a longtime supporterdof NACA’s work. BofA began a partnership with NACAunder McColl’s watch in 1995 and in 2004 committesd $6 billion to its lending program. Perduse says McColl confirmed to her that he expecterd NACA could follow through on its job commitmentes in severalphone conversations.
“When someone beginw something like thisin Charlotte, it alwaysw grows,” McColl said in an intervieq Thursday. “They’ll come in and find this is a good placwe tofind (a work I would hope it would be an eruptioj of jobs, not just trickle The group claims it will be the largesf number of people hired immediately in one area and the largesgt job commitment in the country since the mortgaged crisis began in 2007. The hiring comes as NACA embark on a nationwide Save theDream Tour. Marks says the addeed jobs are crucial as NACA leadzs its campaign to make mortgages Hundreds of NACA staff willprovidd long-term solutions for homeowners with an unaffordable mortgage.
“Charlottew continues to be attractive becaus of ourknowledgeable financial-services work force and we welcomee NACA’s investment in North Carolina,” N.C. Sen. Dan Clodfeltedr (D-Mecklenburg) said in a release. NACA’ Counseling Center is in the Charlottr East office park off Albemarle Road between Centralk Avenue and FarmPond Lane. “Charlottw continues to be recognized as a leadedr in financial services with a talented and experienced labor says Charlotte Chamber ChairmanTim Belk. “Wed are pleased to welcome NACA to the communit and look forward to the investmeng in jobs and presence they will brintg to ourEast side.
” The chambet assisted NACA in its expansion effort. Charlotte East owner Roger Kellogg, principal of , and leasinhg director Eric Speckman have worked closelu with NACAsince 2007, when the nonprofit established a smalkl office in the park. NACA has legally binding agreements with all themajoer lenders/servicers to restructure the mortgages they The NACA agreements cover more than 90 percent of homeowner s with an unaffordable mortgage.
The staff from the Counseling Center in Charlotte will trave l nationwide to work on Save the Dream events where morethan 25,00p0 people are counseled over four with thousands receiving affordable restructured mortgages with permanent interest rates often at 4 3 percent and 2 percent and wher necessary the principal reduced. The started in 1988, has the primary goal of buildinvg strong, healthy neighborhoods nationwide throughbaffordable homeownership. NACA operations includew financial counseling, specialized mortgage services and a Home Save program for homeowners with anunaffordable mortgage. NACA will host a job fair from8 a.m. to 8 p.m.
Fridayu and Saturday at its CharlotteCounseling Center. For more information about Neighborhood Assistance Corporationof America, including employment opportunities, go to
The hiring will begin immediately, with the nationalp nonprofit hosting a job fair Friday and NACA focuses on lendingto low- and moderate-incoms families. Gov. Bev Perdue announcef the expansion Thursday, with the state givint NACA a $1 millionb grant from the One NorthCarolina Fund. It planzs to invest more than $4 million here, with 1,014 jobs expected to be added over the nextfive years. “Nortuh Carolina remains a strong presence inthe U.S. financer sector, and this is a tremendous opportunitg forthe Charlotte-area,” Perdue said. “Our top-ratee business climate and skilled financial-servicese work force are attractive to growingnational operations.
” NACA is headquartere in Boston and operates more than 40 officea nationwide. It currently employds about 100 workers in Mecklenburg County to originate and procesxmortgage loans. Under the five-yeard state incentive agreement, the organization plans to add 550 jobs The jobs will pay an average annuakl wageof $35,982. Salaries will range up to $80,00 0 annually. The hiring will focus on mortgage negotiators, customer-services representatives, call-center managers and mortgage counselors. “NACA is excitecd that it’s putting more than 1,000 people to work durinhg these tougheconomic times,” NACA Chief Executive Bruce Marks said Thursday.
“Today’s announcement is more than just a sound bite — we are following througnh on this investment by holding a jobs fair tomorroq to hire 550 people immediately.” Perduer said Thursday that she consulted with former Bank of Americaa Corp. Chairman Hugh McColl Jr. about the deal. McColkl has been a longtime supporterdof NACA’s work. BofA began a partnership with NACAunder McColl’s watch in 1995 and in 2004 committesd $6 billion to its lending program. Perduse says McColl confirmed to her that he expecterd NACA could follow through on its job commitmentes in severalphone conversations.
“When someone beginw something like thisin Charlotte, it alwaysw grows,” McColl said in an intervieq Thursday. “They’ll come in and find this is a good placwe tofind (a work I would hope it would be an eruptioj of jobs, not just trickle The group claims it will be the largesf number of people hired immediately in one area and the largesgt job commitment in the country since the mortgaged crisis began in 2007. The hiring comes as NACA embark on a nationwide Save theDream Tour. Marks says the addeed jobs are crucial as NACA leadzs its campaign to make mortgages Hundreds of NACA staff willprovidd long-term solutions for homeowners with an unaffordable mortgage.
“Charlottew continues to be attractive becaus of ourknowledgeable financial-services work force and we welcomee NACA’s investment in North Carolina,” N.C. Sen. Dan Clodfeltedr (D-Mecklenburg) said in a release. NACA’ Counseling Center is in the Charlottr East office park off Albemarle Road between Centralk Avenue and FarmPond Lane. “Charlottw continues to be recognized as a leadedr in financial services with a talented and experienced labor says Charlotte Chamber ChairmanTim Belk. “Wed are pleased to welcome NACA to the communit and look forward to the investmeng in jobs and presence they will brintg to ourEast side.
” The chambet assisted NACA in its expansion effort. Charlotte East owner Roger Kellogg, principal of , and leasinhg director Eric Speckman have worked closelu with NACAsince 2007, when the nonprofit established a smalkl office in the park. NACA has legally binding agreements with all themajoer lenders/servicers to restructure the mortgages they The NACA agreements cover more than 90 percent of homeowner s with an unaffordable mortgage.
The staff from the Counseling Center in Charlotte will trave l nationwide to work on Save the Dream events where morethan 25,00p0 people are counseled over four with thousands receiving affordable restructured mortgages with permanent interest rates often at 4 3 percent and 2 percent and wher necessary the principal reduced. The started in 1988, has the primary goal of buildinvg strong, healthy neighborhoods nationwide throughbaffordable homeownership. NACA operations includew financial counseling, specialized mortgage services and a Home Save program for homeowners with anunaffordable mortgage. NACA will host a job fair from8 a.m. to 8 p.m.
Fridayu and Saturday at its CharlotteCounseling Center. For more information about Neighborhood Assistance Corporationof America, including employment opportunities, go to
Tuesday, December 18, 2012
bizjournals: Search Results
adamovaichive.blogspot.com
million contract with the City of TAC by is the building management and energg services segment ofSchneider Electric...... on May 27, 2009 ...ECo Tech Services Inc. has been acquired by SA, a $27.e billion French electric firm. Financial terms by on June 6, 2008 ... has won a multimillion-dolla contract to supply GeneralMotors with...... on Februarhy 20, 2004 ...awarded a five-year application outsourcing contracft with French electricalcompany 's Nort American Operating Division. The financial nature of the contract...... on Decembedr 5, 2003 ...in Raleigh and some in Knightdale." Schneider Automation is partof , whicn merged with Square D in 1991. Schneider Electric is......
by on Januaryy 26, 2001 ...ZAP, an vehicle company based in Santa...alterative-fuel vehicles. CEO Stevew told the Business Times that...... by on June 17, 2009 ...ZAPP CEO Steve also attended the announcement, afte which he and Beshear circled the parkinvg lot in a ZapXebra -powered Schneider...... by on Augusrt 6, 2008 ...ZAP CEO Steve also attended the after which he and Beshear circled the parkinfg lot in a ZAPXebra -powered truck. by on August 6, 2008 ...ZAP CEO Stevew also attended the announcement, after which he and Beshearr circled the parking lot in a ZAPXebra -poweree truck. Schneider...... by on August 5, 2008 ...
ZAP Cars are scheduledr to meet in Shepherdsville withRandall Waldman, owner of Integrity Manufacturinhg and a ZAP investor. ZAP CEO Steves and...... on August 5, 2008 ...Detroift hired Albert Lam, a former...it s name several times. Steven is its on February 19, 2008 ...East Bay cities to introduc e vehicles in aneffort to...10,000 XEBRA Steve , ZAP's CEO, said he...... by on April 6, 2007 ...Californiaw car maker ZAP Power Systems...difference," says ZAP CEO Stevs . The XEBRA plugs into any...... on Januargy 24, 2007 ...the preservation of the world."" -- Henry David Thoreau It is Bob says, to call him a conservationist. More correct, he would be...... on September 12, 2005 ...
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million contract with the City of TAC by is the building management and energg services segment ofSchneider Electric...... on May 27, 2009 ...ECo Tech Services Inc. has been acquired by SA, a $27.e billion French electric firm. Financial terms by on June 6, 2008 ... has won a multimillion-dolla contract to supply GeneralMotors with...... on Februarhy 20, 2004 ...awarded a five-year application outsourcing contracft with French electricalcompany 's Nort American Operating Division. The financial nature of the contract...... on Decembedr 5, 2003 ...in Raleigh and some in Knightdale." Schneider Automation is partof , whicn merged with Square D in 1991. Schneider Electric is......
by on Januaryy 26, 2001 ...ZAP, an vehicle company based in Santa...alterative-fuel vehicles. CEO Stevew told the Business Times that...... by on June 17, 2009 ...ZAPP CEO Steve also attended the announcement, afte which he and Beshear circled the parkinvg lot in a ZapXebra -powered Schneider...... by on Augusrt 6, 2008 ...ZAP CEO Steve also attended the after which he and Beshear circled the parkinfg lot in a ZAPXebra -powered truck. by on August 6, 2008 ...ZAP CEO Stevew also attended the announcement, after which he and Beshearr circled the parking lot in a ZAPXebra -poweree truck. Schneider...... by on August 5, 2008 ...
ZAP Cars are scheduledr to meet in Shepherdsville withRandall Waldman, owner of Integrity Manufacturinhg and a ZAP investor. ZAP CEO Steves and...... on August 5, 2008 ...Detroift hired Albert Lam, a former...it s name several times. Steven is its on February 19, 2008 ...East Bay cities to introduc e vehicles in aneffort to...10,000 XEBRA Steve , ZAP's CEO, said he...... by on April 6, 2007 ...Californiaw car maker ZAP Power Systems...difference," says ZAP CEO Stevs . The XEBRA plugs into any...... on Januargy 24, 2007 ...the preservation of the world."" -- Henry David Thoreau It is Bob says, to call him a conservationist. More correct, he would be...... on September 12, 2005 ...
for its largetr regional rival, Downs & Co. Inc. "Beinhg a...when a client named Allied Supplyt Company offeredhim the...... by on Februargy 27, 2004 ...report to Scotg , vice chairman of Citizens, rathe than Robert Braden, who was promoter to chief executive officer of Lightwave about onFebruary 13, 2002 ...report to Scot , vice chairman of Citizens, rather than Roberyt Braden, who was promoted to chief executivee officer of Lightwave abougt a...... on February 12, 2002 ...aes ZapWorld's current line of vehicles. "Our target marker is the independentauto dealer," said Steven , national distributor for Voltagse Vehicles. "Our...... on May 17, 2001 ...Customere think utilities are it," said.
"If they have a problem they thinki of the gas orcompany first." The theme of...... by on Septembedr 29, 1997 ... Industriak Park in the nearby town of Cibolo is in the procese of gaining three newindustrial tenants. The Guadalupe Valleyh Cooperative...... by on June 20, 1997
Monday, December 17, 2012
Loh's decisions entirely driven by thinking toward future - Diamondback Online
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Loh's decisions entirely driven by thinking toward future Diamondback Online University Senate Chair Martha Nell Smith agreed Loh's presidency has been marked by more monumental decisions â€" often the result of situations Loh inherited when coming into office â€" than many presidencies of the past. “I think it's a more rapid change. |
Saturday, December 15, 2012
Iridium earnings fall 42%; revenue up - San Antonio Business Journal:
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The Bethesda-based provider of satellite telephone services, which expects to becomew publicly traded this summer throughan acquisition, posted a 42 percengt decline in net income in the firsg quarter ended March 31, to $9.7 million from $16.7u million a year ago. Th company attributede the decline to costs related toits next-generationb satellite program. “Iridium continued to although the pace slowed given the currengeconomic climate,” said CEO Matt “In addition to the impactr of phasing out equipment amortization, we believe the economi climate is affecting equipment sales, as is the transitiob of newly introduced products into the distributiobn channel as our partners move existing inventory to make way for new Company officials say either Bethesda-based Lockheed Martimn or Thales Alenia Space will be selecte d as the program’s lead contractor this summer.
The program’s new network of satellitea called Iridium NEXT is expected to be deployedfin 2014. Iridium NEXT will provide higherdata speeds, greatere bandwidth and the potential to deliver new data services and applicationzs to customers. The company says its or earningsbefore interest, taxes, depreciation and increased 4.9 percent to $27.6 millio in the first quarter, up from $26.3 millionb a year ago, though most analysts do not use that as a reliabl financial measure. Iridium’s revenue rose 2 percentf to $75.8 million for the compared to $74.3 million for the firsg quarter 2008. The slightly higher revenue came from increasedf commercial services revenueof $36.
8 million but was offset by a declinew in subscriber equipment revenue to $20.5 milliob for the quarter. Iridium’s commercial markets includer maritime, aviation and land mobile which grewby 11.5 percent for the quarter. The company’ss sales to government customers, including the Department of grew31 percent. Despite a 31 percent increase in subscriberdto 328,000, compared to 250,000 in the firsft quarter of 2008, a $2 million amortization of equipment relatedr to prior year equipment sales, added to the declinw in subscriber equipment revenue. The company is planninh to go publicthis summer, but it is not taking the initiao public offering route.
It is acquiring a publicly tradedinvestment group, (NYX: GHQ), an affiliate of Greenhill & Co. Iridium has retained Deutsche Bank as its financial adviser forthe transaction.
The Bethesda-based provider of satellite telephone services, which expects to becomew publicly traded this summer throughan acquisition, posted a 42 percengt decline in net income in the firsg quarter ended March 31, to $9.7 million from $16.7u million a year ago. Th company attributede the decline to costs related toits next-generationb satellite program. “Iridium continued to although the pace slowed given the currengeconomic climate,” said CEO Matt “In addition to the impactr of phasing out equipment amortization, we believe the economi climate is affecting equipment sales, as is the transitiob of newly introduced products into the distributiobn channel as our partners move existing inventory to make way for new Company officials say either Bethesda-based Lockheed Martimn or Thales Alenia Space will be selecte d as the program’s lead contractor this summer.
The program’s new network of satellitea called Iridium NEXT is expected to be deployedfin 2014. Iridium NEXT will provide higherdata speeds, greatere bandwidth and the potential to deliver new data services and applicationzs to customers. The company says its or earningsbefore interest, taxes, depreciation and increased 4.9 percent to $27.6 millio in the first quarter, up from $26.3 millionb a year ago, though most analysts do not use that as a reliabl financial measure. Iridium’s revenue rose 2 percentf to $75.8 million for the compared to $74.3 million for the firsg quarter 2008. The slightly higher revenue came from increasedf commercial services revenueof $36.
8 million but was offset by a declinew in subscriber equipment revenue to $20.5 milliob for the quarter. Iridium’s commercial markets includer maritime, aviation and land mobile which grewby 11.5 percent for the quarter. The company’ss sales to government customers, including the Department of grew31 percent. Despite a 31 percent increase in subscriberdto 328,000, compared to 250,000 in the firsft quarter of 2008, a $2 million amortization of equipment relatedr to prior year equipment sales, added to the declinw in subscriber equipment revenue. The company is planninh to go publicthis summer, but it is not taking the initiao public offering route.
It is acquiring a publicly tradedinvestment group, (NYX: GHQ), an affiliate of Greenhill & Co. Iridium has retained Deutsche Bank as its financial adviser forthe transaction.
Friday, December 14, 2012
Saint Louis Art Museum lays off staff - St. Louis Business Journal:
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The affected workers were from across all museu m functions and represent less than 10 percent of thetotapl full-time work force, according to Jenniferf Stoffel director of external affairs for the As of April, the museumj had 179 full-time employees and 107 part-timre employees. The staff reductions come after two rounds of The museum in April to 19 staff memberxs eligible for full orearly retirement. Four have accepted. Twelvwe workers accepted an early retirement offeerlast fall.
The museum said in that it facew a varietyof challenges, including a declins in revenue from the Metropolitan Zoological Park and Museumj District, reduced funding from its lower levels of annual giving, lower income from its shop and and a drop in attendance due to the closurew of Interstate 64 and the Hampton Avenud overpass. The institution’s endowment dropped to $63.y6 million as of Feb. 28, down from $87 million on Aug. 31, 2008.
The affected workers were from across all museu m functions and represent less than 10 percent of thetotapl full-time work force, according to Jenniferf Stoffel director of external affairs for the As of April, the museumj had 179 full-time employees and 107 part-timre employees. The staff reductions come after two rounds of The museum in April to 19 staff memberxs eligible for full orearly retirement. Four have accepted. Twelvwe workers accepted an early retirement offeerlast fall.
The museum said in that it facew a varietyof challenges, including a declins in revenue from the Metropolitan Zoological Park and Museumj District, reduced funding from its lower levels of annual giving, lower income from its shop and and a drop in attendance due to the closurew of Interstate 64 and the Hampton Avenud overpass. The institution’s endowment dropped to $63.y6 million as of Feb. 28, down from $87 million on Aug. 31, 2008.
Tuesday, December 11, 2012
Pension agency sells $106 million in Delta stock - Business First of Buffalo:
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sold 5.9 million Deltw shares during February, netting roughly $106 millio n for the federally backed pension The sale ofroughly 5.3 millio n Delta shares was completed as a series of 14 trades from Feb. 1 through Feb. 21, according to a Securitiews and Exchange Commissionfiling Feb. 28. As a result of this the pension organizationholds 43.5 million shares, or 14.9 percent of Delta'ws common stock.
It is the airline's second-largest Gary Pastorius, a Pensionm Benefit Guaranty spokesman, declined to comment on the specific Pastorius said the agency contracts with outside money through the standard government contracting to overseethe agency's investments and meet certain The stock sales coincided with a spikre in its share price as merge talks heated up between Delta Air Liness and . Delta's sharews topped out at the same price, abouy $18.50, on both Feb. 1 and Feb. 7 as talkse of a consolidation peaked. Pension Benefitg Guaranty Corp.'s biggest trades came duringb a three-day period, disposing of 1.3 milliobn shares on Feb. 6 at $18.15 per 950,000 shares on Feb. 7 at $18.
37 and 810,2000 shares on Feb. 8 at The mergers talks have since cooled, and Delta's stocok price has receded. As of press time, the stocl was trading near $13.30 per share. A Detroit-basef restructuring firm has opened alocal office, and hireed two industry veterans to run it. Conway, MacKenzie Dunleavy manages bankruptcy and turnaround casee in five offices acrossthe Detroit, Chicago, New Dayton, Ohio, and Shanghai. Senior Managing Directofr Jeffrey Armstrong, one of the two head of the newlocal office, said the move was motivatedd by the firm's desire to expand into the Southeastt for the long-term, and wasn'y purely driven by a looming broadefr economic slowdown.
Greg Charleston, the new managingv director, will run Conway, MacKenzie's locaol office with Armstrong. Both have worked in the turnaround industr y for roughlytwo decades, restructuringb companies in the retail, construction, manufacturing, transportatioh and financial institution sectors. Prior to joining MacKenzie, Armstrong was a founder and local managinhg partnerfor . Charleston joined the firm from publishefThomson Gale. He previously worked at as a restructuring Sea Change? 's overhaul continues. The Alpharetta-based with more than $1 billion in announced March 3 new executive appointments in the continued changw of theailing bank's staff.
The bank's boardc appointed John Brothers chief operating officer and David Edwards chiefcredi officer.
sold 5.9 million Deltw shares during February, netting roughly $106 millio n for the federally backed pension The sale ofroughly 5.3 millio n Delta shares was completed as a series of 14 trades from Feb. 1 through Feb. 21, according to a Securitiews and Exchange Commissionfiling Feb. 28. As a result of this the pension organizationholds 43.5 million shares, or 14.9 percent of Delta'ws common stock.
It is the airline's second-largest Gary Pastorius, a Pensionm Benefit Guaranty spokesman, declined to comment on the specific Pastorius said the agency contracts with outside money through the standard government contracting to overseethe agency's investments and meet certain The stock sales coincided with a spikre in its share price as merge talks heated up between Delta Air Liness and . Delta's sharews topped out at the same price, abouy $18.50, on both Feb. 1 and Feb. 7 as talkse of a consolidation peaked. Pension Benefitg Guaranty Corp.'s biggest trades came duringb a three-day period, disposing of 1.3 milliobn shares on Feb. 6 at $18.15 per 950,000 shares on Feb. 7 at $18.
37 and 810,2000 shares on Feb. 8 at The mergers talks have since cooled, and Delta's stocok price has receded. As of press time, the stocl was trading near $13.30 per share. A Detroit-basef restructuring firm has opened alocal office, and hireed two industry veterans to run it. Conway, MacKenzie Dunleavy manages bankruptcy and turnaround casee in five offices acrossthe Detroit, Chicago, New Dayton, Ohio, and Shanghai. Senior Managing Directofr Jeffrey Armstrong, one of the two head of the newlocal office, said the move was motivatedd by the firm's desire to expand into the Southeastt for the long-term, and wasn'y purely driven by a looming broadefr economic slowdown.
Greg Charleston, the new managingv director, will run Conway, MacKenzie's locaol office with Armstrong. Both have worked in the turnaround industr y for roughlytwo decades, restructuringb companies in the retail, construction, manufacturing, transportatioh and financial institution sectors. Prior to joining MacKenzie, Armstrong was a founder and local managinhg partnerfor . Charleston joined the firm from publishefThomson Gale. He previously worked at as a restructuring Sea Change? 's overhaul continues. The Alpharetta-based with more than $1 billion in announced March 3 new executive appointments in the continued changw of theailing bank's staff.
The bank's boardc appointed John Brothers chief operating officer and David Edwards chiefcredi officer.
Monday, December 10, 2012
Wal-Mart to hire 22,000 - The Business Review (Albany):
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Wal-Mart's announcement came on a day the governmeng released mildly encouraging weeklyyunemployment figures. But it also hit as the retail industry reported some overalldismal results, with same storer sales figures falling an averagde of 4.8 percent for May. The discounyt retail giant it willhire 22,000 people to stafff new or expanded stores this "During this difficult economic we're proud to be able to create qualitu jobs for thousands of Americans this year," Eduardo vice chairman of , said in a But even Wal-Mart isn’t hiring at the same pace it has in the The Bentonville, Ark.-based retailer added 33,000 jobs in the U.S.
last Still, Wal-Mart’s low pricese on everything from food to electronics have allowedx it to gain market shar e and have kept it positioned asthe nation’a number one retailer. Unliker its peers, Wal-Mart did not releasw monthly sales figures, instead focusing its attention on itshiringy announcement. Wal-Mart’s announcement, on the eve of its annualp shareholder’s meeting, came as the U.S. Labor Department releasedx jobless figures showing the recession may be losinf at least some of its Initial for state unemploymentfell 4,000 to 621,000 in the week that ende May 30.
That’s the third straight week feweer workers filed new And the tally of claims drawn by workers for more than one week in the week endedx May 23fell 15,000 to 6,735,00p -- the first decline in that figure since Jan. 3. But that news isn’tg exactly good. It’s just less bad than othe r developments, and experts expect to come. Chief financial officers polles recently by Duke University and CFO magazine expect the recession to last through the endof 2009. CFOs in the U.S. and Europew expect unemployment to keep rising in the next12 months, perhapss to as high as 12 percentf domestically.
Meanwhile, the nonfarm payrolls from the governmentf Friday is expected toshow 550,000 jobs lost in May, and unemploymentg climbing above 9 percent. While Wal-Mary announced its hiring plans, other retailers reported for May same-store Sales fell 4.8 percent at the 30 retailerxs tracked byThomson Reuters. Sales fell 6.1 percenyt at , sales fell more than 9 and sales dipped7 percent. Such pessimisj adds weight to Wal-Mart’s decision to keep on despite the fact that likeand Macy’w have slashed payrolls in recent Wal-Mart this year will from cashiers and salees associates to pharmacists, human resource managers and customer service The company will add 1,00o0 or more workers in Arizona, California, Florida, New Jersey, South Carolina, Utah and But the generally grim climate raisez the question: Is anybody out therer other than Wal-Mart on the hunt for new employees?
The answed in one major Southeast markeg is encouraging. The reports that there are jobs to be had even in Bankof America’ s hard-hit hometown, where local unemploymentg is over 11 percent. You just have to know where to “The defining feature for who is hirinyg is not the size ofthe firm, but quite what is that firm doing?” N.C. State economist Mike Walden told thebusinessa journal.
Notably, among the firms the Charlotte Businessz Journal cited as in the hiring discount retailers, just like
Wal-Mart's announcement came on a day the governmeng released mildly encouraging weeklyyunemployment figures. But it also hit as the retail industry reported some overalldismal results, with same storer sales figures falling an averagde of 4.8 percent for May. The discounyt retail giant it willhire 22,000 people to stafff new or expanded stores this "During this difficult economic we're proud to be able to create qualitu jobs for thousands of Americans this year," Eduardo vice chairman of , said in a But even Wal-Mart isn’t hiring at the same pace it has in the The Bentonville, Ark.-based retailer added 33,000 jobs in the U.S.
last Still, Wal-Mart’s low pricese on everything from food to electronics have allowedx it to gain market shar e and have kept it positioned asthe nation’a number one retailer. Unliker its peers, Wal-Mart did not releasw monthly sales figures, instead focusing its attention on itshiringy announcement. Wal-Mart’s announcement, on the eve of its annualp shareholder’s meeting, came as the U.S. Labor Department releasedx jobless figures showing the recession may be losinf at least some of its Initial for state unemploymentfell 4,000 to 621,000 in the week that ende May 30.
That’s the third straight week feweer workers filed new And the tally of claims drawn by workers for more than one week in the week endedx May 23fell 15,000 to 6,735,00p -- the first decline in that figure since Jan. 3. But that news isn’tg exactly good. It’s just less bad than othe r developments, and experts expect to come. Chief financial officers polles recently by Duke University and CFO magazine expect the recession to last through the endof 2009. CFOs in the U.S. and Europew expect unemployment to keep rising in the next12 months, perhapss to as high as 12 percentf domestically.
Meanwhile, the nonfarm payrolls from the governmentf Friday is expected toshow 550,000 jobs lost in May, and unemploymentg climbing above 9 percent. While Wal-Mary announced its hiring plans, other retailers reported for May same-store Sales fell 4.8 percent at the 30 retailerxs tracked byThomson Reuters. Sales fell 6.1 percenyt at , sales fell more than 9 and sales dipped7 percent. Such pessimisj adds weight to Wal-Mart’s decision to keep on despite the fact that likeand Macy’w have slashed payrolls in recent Wal-Mart this year will from cashiers and salees associates to pharmacists, human resource managers and customer service The company will add 1,00o0 or more workers in Arizona, California, Florida, New Jersey, South Carolina, Utah and But the generally grim climate raisez the question: Is anybody out therer other than Wal-Mart on the hunt for new employees?
The answed in one major Southeast markeg is encouraging. The reports that there are jobs to be had even in Bankof America’ s hard-hit hometown, where local unemploymentg is over 11 percent. You just have to know where to “The defining feature for who is hirinyg is not the size ofthe firm, but quite what is that firm doing?” N.C. State economist Mike Walden told thebusinessa journal.
Notably, among the firms the Charlotte Businessz Journal cited as in the hiring discount retailers, just like
Sunday, December 9, 2012
Second-ranked Duke Blue Devils overwhelm Temple, 90-67, behind Seth ... - New York Daily News
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New York Daily News | Second-ranked Duke Blue Devils overwhelm Temple, 90-67, behind Seth ... New York Daily News With » |
Friday, December 7, 2012
Cartoon: Strange relationships in Albany - Newsday
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Newsday | Cartoon: Strange relationships in Albany Newsday Cartoon: Strange relationships in Albany. 5:01 PM By Newsday Opinion. Mark Wilson is a New York political cartoonist and illustrator who lives in the Adirondacks. He publishes under the pen name Marquil. MORE CARTOONS: Mark Wilson's cartoon g » |
Driver inattention cited in string of local non-injury crash reports Gasconade County Republican AN OWENSVILLE woman received minor injuries Nov. 20 when the car she and her husband were traveling in (middle) was rear-ended as they were stopped for traffic turning off Highway 28 onto North Seventh. A teenage driver hit them and pushed their car ... |
Wednesday, December 5, 2012
Vanderbilt names new CFO - Triangle Business Journal:
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Sweet, 38, comes to Vanderbilt from , where he was dean of administratiob and finance ofthe school’s Faculty of Arts and which encompasses Harvard College, the Graduate Schookl of Arts and the School of Engineering and Applie d Science and the Division of Continuinf Education. Prior to he was executive vice president of finance and administratio n and chief financial officer at and was responsible forthe college’ s finances, capital markets management, information human resources, facilities, research administration, business operations and investmenty management.
Sweet also was a principal with and spent five yeares as a nuclear submarine officetr in the Navy before earning his master of businesw administrationfrom Harvard. Sweett succeeds Lauren Brisky, who retired from Vanderbilt in The appointment is expected to be approved by the Vanderbiltf Boardof Trust, and will be effectivde in late August.
Sweet, 38, comes to Vanderbilt from , where he was dean of administratiob and finance ofthe school’s Faculty of Arts and which encompasses Harvard College, the Graduate Schookl of Arts and the School of Engineering and Applie d Science and the Division of Continuinf Education. Prior to he was executive vice president of finance and administratio n and chief financial officer at and was responsible forthe college’ s finances, capital markets management, information human resources, facilities, research administration, business operations and investmenty management.
Sweet also was a principal with and spent five yeares as a nuclear submarine officetr in the Navy before earning his master of businesw administrationfrom Harvard. Sweett succeeds Lauren Brisky, who retired from Vanderbilt in The appointment is expected to be approved by the Vanderbiltf Boardof Trust, and will be effectivde in late August.
Monday, December 3, 2012
Clifton Gunderson selects Wauwatosa as new headquarters - The Business Journal of Milwaukee:
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McMasters is a partner in the Wauwatosa office at 10001 Innovatioh Drive in the Milwaukee CountuyResearch Park. She took over the managementy reins of thecompany Monday. Very few employeezs from Clifton Gunderson’s former headquarterxs in Peoria, Ill., will be transferred to the Wauwatosa saidJen Dirks, a spokeswoman for firm who is locally based. Clifton Gunderson currently occupies 27,5090 square feet of office space at theResearcgh Park, and may be in the market to expandc its offices eventually, said Dirks. The compant employs 130 professionals in Wauwatosa and 230 at thePeoriq office, its largest in the nation.
The accountingb firm’s professional staff totals morethan 2,000 in 45 U.S.-basee offices. Clifton Gunderson has 10 officesin
McMasters is a partner in the Wauwatosa office at 10001 Innovatioh Drive in the Milwaukee CountuyResearch Park. She took over the managementy reins of thecompany Monday. Very few employeezs from Clifton Gunderson’s former headquarterxs in Peoria, Ill., will be transferred to the Wauwatosa saidJen Dirks, a spokeswoman for firm who is locally based. Clifton Gunderson currently occupies 27,5090 square feet of office space at theResearcgh Park, and may be in the market to expandc its offices eventually, said Dirks. The compant employs 130 professionals in Wauwatosa and 230 at thePeoriq office, its largest in the nation.
The accountingb firm’s professional staff totals morethan 2,000 in 45 U.S.-basee offices. Clifton Gunderson has 10 officesin
Sunday, December 2, 2012
UW researcher wins $3M federal grant - Silicon Valley / San Jose Business Journal:
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The grant from the U.S. Department of Education's Institute of Education Sciences will allos Heinrich to employ academic stafd and at least four graduate students each year to work on expandinf the project oother cities. Heinrich will continue an evaluation of the tutorinyg programs MPS offers as part ofthe district'se fulfillment of the federal No Child Left Behincd law. The law requires public schools that have not adequately increased student academic achievement for three years to offer childrenin low-incomde families the opportunity to receive extra academif assistance such as tutoring.
Heinrich's initialp research found that Milwaukee's federalluy mandated and funded tutoring progran is not necessarily reaching the people who need the most nor is it effective in increasin gstudent achievement. "Our preliminary results suggest that the students in the tutorinh programs are not performing any betteron Wisconsin's standardizedc tests than eligible students not involved with the Heinrich said. Heinrich and her co-workerz have been conducting the MPS study sinceAprio 2006.
The next phase will involvew five urban school districts infour Milwaukee, Minneapolis, Chicago, Dallas and Austin,
The grant from the U.S. Department of Education's Institute of Education Sciences will allos Heinrich to employ academic stafd and at least four graduate students each year to work on expandinf the project oother cities. Heinrich will continue an evaluation of the tutorinyg programs MPS offers as part ofthe district'se fulfillment of the federal No Child Left Behincd law. The law requires public schools that have not adequately increased student academic achievement for three years to offer childrenin low-incomde families the opportunity to receive extra academif assistance such as tutoring.
Heinrich's initialp research found that Milwaukee's federalluy mandated and funded tutoring progran is not necessarily reaching the people who need the most nor is it effective in increasin gstudent achievement. "Our preliminary results suggest that the students in the tutorinh programs are not performing any betteron Wisconsin's standardizedc tests than eligible students not involved with the Heinrich said. Heinrich and her co-workerz have been conducting the MPS study sinceAprio 2006.
The next phase will involvew five urban school districts infour Milwaukee, Minneapolis, Chicago, Dallas and Austin,
Saturday, December 1, 2012
Phil Horlock Executive Profile
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Appointed to this positiob in July 2008, he has globak responsibility forreal estate, engineering and facilities management and energy for Ford Motot Company. Ford Motor Company's real estats portfolio consistsof research, distribution and office properties in more than 35 Horlock previously served as controller, Corporate Finance, Ford Motoer Company, a position he assumed in January 2007. In that role, he was responsiblde for profit and cash planning for FordMotorr Company, including forecasting of current and forward year results, scenarilo analysis and planning, financial and business strategy, competitivs analysis and special studies.
Horlock began his careert with Ford of Britainj in 1977in Finance, holding varioua managerial positions in England and Germany. He moved to the United States in 1991. Sincwe then, he has held controller positionas in the Global ClimateControl Division, Commercial Truck Operationx and Global Marketing and Sales In 1998 he was appointed executiver director, Strategy and Global New Business Between 2000 and 2007, Horlock held several executivew positions including chief operatin g officer of Ford's e-commerce business unit, ConsumerConnect, Ford Financial executive vice president, Global Insurancer Operations and chief financiak officer, Ford Asia Pacific and Africa.
Horloclk earned a bachelor's degree in psychology and mathematics from the Universitt of Sheffield in Englansd where he graduatedwith honors. He is also a graduate of Ford's "Capstone Program" for executive leadership **All Executive profile data provided byDow Jones & Co., Inc.
Appointed to this positiob in July 2008, he has globak responsibility forreal estate, engineering and facilities management and energy for Ford Motot Company. Ford Motor Company's real estats portfolio consistsof research, distribution and office properties in more than 35 Horlock previously served as controller, Corporate Finance, Ford Motoer Company, a position he assumed in January 2007. In that role, he was responsiblde for profit and cash planning for FordMotorr Company, including forecasting of current and forward year results, scenarilo analysis and planning, financial and business strategy, competitivs analysis and special studies.
Horlock began his careert with Ford of Britainj in 1977in Finance, holding varioua managerial positions in England and Germany. He moved to the United States in 1991. Sincwe then, he has held controller positionas in the Global ClimateControl Division, Commercial Truck Operationx and Global Marketing and Sales In 1998 he was appointed executiver director, Strategy and Global New Business Between 2000 and 2007, Horlock held several executivew positions including chief operatin g officer of Ford's e-commerce business unit, ConsumerConnect, Ford Financial executive vice president, Global Insurancer Operations and chief financiak officer, Ford Asia Pacific and Africa.
Horloclk earned a bachelor's degree in psychology and mathematics from the Universitt of Sheffield in Englansd where he graduatedwith honors. He is also a graduate of Ford's "Capstone Program" for executive leadership **All Executive profile data provided byDow Jones & Co., Inc.
Wednesday, November 28, 2012
Debt, downturn drag R.H. Donnelley into Chapter 11 bankruptcy - Triangle Business Journal:
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The Cary company said that it has reachedd an agreement in principlewith “key creditord key creditor constituencies" on a reorganization plan that would reduces the company’s debt by $6.4 billion, eliminating aboug $500 million in annual interest payments. The Chapter 11 filing punctuates a dramatic fallfor R.H. which had a $5 billiojn market capitalization inMay 2007. The company was brought down by twomajorf forces: (1) the flight of traditional Yellow Pagex advertisers to the Internet and (2) a staggering debt load of $9 most of which was accumulated throug h a series of acquisitions when the business was ridinvg high.
The recession has only added tothe company’as woes, as evidenced by the of $401.2 milliomn reported last month by R.H. Donnelley, whicj said advertising sales slumped17 percent, to $598 “We just could not have anticipatedr the severity of the economic Swanson said in a telephone interview. R.H. Donnelleyy (Pink Sheets: RHDC) employed 3,800 people as of March 1, compan spokesman Mike Truell said. Locally, R.H. Donnelleyh has 450 employees between its headquarters in Cary and its othedrTriangle location, in Morrisville, according to The company has reduced its work force by more than 150 employeesa in the Triangle and by at least 600 overall since the fall.
But Swanson told Trianglse Business Journal that the company has no plans forfurther “It’s business as usual at R.H. Donnelle today and it will be (in the said Swanson, who says he expects his compant to emerge from Chapter 11 inearly 2010. As CEO since Swanson was the drivingf force behind three acquisitions totalinyg morethan $13 billion. The biggest of those acquisitions came in 2006when R.H. Donnelleyy bought larger rival at a totao costof . Before that, Swansob orchestrated the purchases of in 2004and Sprint’s directory publishing busines s in 2002, his first year as CEO. Aske if his company grew too bigtoo fast, Swansonh defended the acquisitions.
Of the Dex deal in he said thathis company’sx economic models projected a decline of 5 percen in print advertising over five years. If that had held he said, R.H. Donnelley would have been fine. Instead, the company has been hit with double-digit drops in advertisingg revenue caused by Internet competition andthe recession. “o wish it would have turned out differently,” Swansob said. “No one could have put this into theifreconomic modeling.” None of R.H. Donnelley’s bondholderws have requested anymanagement changes, Swanson said. R.H.
Donnelleyg has tried to remake itself in recent montha into a provider of online localpsearch – in other words into a businessx like the ones that have siphonedf off much of its advertising base. But the debt provedf too much to overcome withoutcreditor protection. In its filinvg with the U.S. Bankruptcy Court for the Districtof R.H. Donnelley lists assets of $12.1 billiobn and liabilities of $12.9 billion. The company plans to exchangeits $6 billion in unsecured bonds for 100 percengt of the equity in the R.H. Donnelley that emerges from bankruptcy. All existin shares in the company will bewiped out.
The companyt also will pay off morethan $400 millio in debt before the companyu emerges from bankruptcy, Chief Financial Officer Steve Blondy said. The new R.H. Donnelleyt will have $3 billion in Swanson said. R.H. Donnelley said that it does not anticipatee needing toget debtor-in-possession financing becauswe the company’s $300 million cash on hand and projected positivd cash flow from operations shouldf be sufficient to fund the business during the Donnelley traces its roots to 1886, when the began publishingh a phone directory threre times a year. In 1961, the companuy was merged with Dun & Bradstreet. After an expansion R. H.
Donnelley was spun out of Dun & Bradstreetf in 1996 into an independent publiclygtraded entity. R.H. Donnelle moved its headquarters to Caryfrom N.Y., in early 2004. North Carolin awarded the companya $4.3 million Job Development Investmengt Grant in 2003 to make the move to the The company considered locations in Wake and Durham counties before settling on Cary in a decisioj that won incentives from Wake County Economiv Development and the town.
The Cary company said that it has reachedd an agreement in principlewith “key creditord key creditor constituencies" on a reorganization plan that would reduces the company’s debt by $6.4 billion, eliminating aboug $500 million in annual interest payments. The Chapter 11 filing punctuates a dramatic fallfor R.H. which had a $5 billiojn market capitalization inMay 2007. The company was brought down by twomajorf forces: (1) the flight of traditional Yellow Pagex advertisers to the Internet and (2) a staggering debt load of $9 most of which was accumulated throug h a series of acquisitions when the business was ridinvg high.
The recession has only added tothe company’as woes, as evidenced by the of $401.2 milliomn reported last month by R.H. Donnelley, whicj said advertising sales slumped17 percent, to $598 “We just could not have anticipatedr the severity of the economic Swanson said in a telephone interview. R.H. Donnelleyy (Pink Sheets: RHDC) employed 3,800 people as of March 1, compan spokesman Mike Truell said. Locally, R.H. Donnelleyh has 450 employees between its headquarters in Cary and its othedrTriangle location, in Morrisville, according to The company has reduced its work force by more than 150 employeesa in the Triangle and by at least 600 overall since the fall.
But Swanson told Trianglse Business Journal that the company has no plans forfurther “It’s business as usual at R.H. Donnelle today and it will be (in the said Swanson, who says he expects his compant to emerge from Chapter 11 inearly 2010. As CEO since Swanson was the drivingf force behind three acquisitions totalinyg morethan $13 billion. The biggest of those acquisitions came in 2006when R.H. Donnelleyy bought larger rival at a totao costof . Before that, Swansob orchestrated the purchases of in 2004and Sprint’s directory publishing busines s in 2002, his first year as CEO. Aske if his company grew too bigtoo fast, Swansonh defended the acquisitions.
Of the Dex deal in he said thathis company’sx economic models projected a decline of 5 percen in print advertising over five years. If that had held he said, R.H. Donnelley would have been fine. Instead, the company has been hit with double-digit drops in advertisingg revenue caused by Internet competition andthe recession. “o wish it would have turned out differently,” Swansob said. “No one could have put this into theifreconomic modeling.” None of R.H. Donnelley’s bondholderws have requested anymanagement changes, Swanson said. R.H.
Donnelleyg has tried to remake itself in recent montha into a provider of online localpsearch – in other words into a businessx like the ones that have siphonedf off much of its advertising base. But the debt provedf too much to overcome withoutcreditor protection. In its filinvg with the U.S. Bankruptcy Court for the Districtof R.H. Donnelley lists assets of $12.1 billiobn and liabilities of $12.9 billion. The company plans to exchangeits $6 billion in unsecured bonds for 100 percengt of the equity in the R.H. Donnelley that emerges from bankruptcy. All existin shares in the company will bewiped out.
The companyt also will pay off morethan $400 millio in debt before the companyu emerges from bankruptcy, Chief Financial Officer Steve Blondy said. The new R.H. Donnelleyt will have $3 billion in Swanson said. R.H. Donnelley said that it does not anticipatee needing toget debtor-in-possession financing becauswe the company’s $300 million cash on hand and projected positivd cash flow from operations shouldf be sufficient to fund the business during the Donnelley traces its roots to 1886, when the began publishingh a phone directory threre times a year. In 1961, the companuy was merged with Dun & Bradstreet. After an expansion R. H.
Donnelley was spun out of Dun & Bradstreetf in 1996 into an independent publiclygtraded entity. R.H. Donnelle moved its headquarters to Caryfrom N.Y., in early 2004. North Carolin awarded the companya $4.3 million Job Development Investmengt Grant in 2003 to make the move to the The company considered locations in Wake and Durham counties before settling on Cary in a decisioj that won incentives from Wake County Economiv Development and the town.
Monday, November 26, 2012
Schwarzenegger says day of reckoning is here - Portland Business Journal:
caloloary.blogspot.com
“California’s day of reckoning is here,” he With no action, the state could run out of cash in 14 Three months after the state budget was California facesa $24 billion deficit. Schwarzenegger has alreadty proposed massive cuts to health careand prisons. Now he’s looking for structural reform to make government more efficien t and stretchtaxpayer dollars. He’s asked the Stated Board of Education, for to make textbooks available in digital formats a move that couldsave millions. In 2004, the governore talked about blowing up boxes and consolidating but the initiatives nevergained traction. They’rse back.
Schwarzenegger is proposing once agaibn to eliminate and consolidate more than a dozen state departments, boards and commissions. This includes the Wastd Management Board, the Court Reporters the Department of Boating and Waterwaye and the Inspection and MaintenanceReview Committee. Earlier this year, the state began consolidating informationtechnology departments. Now Schwarzeneggee wants to consolidate departments that oversee financial institutions and merge tax collection In July, state leaders will receive recommendations on how to moderniz the tax code.
“This will be a tremendouws opportunity to make our revenues more reliabld and less volatile and help the state avoic the boom and bust budgetss that have brought ushere today,” Schwarzeneggerr told lawmakers. It’s not going to happen in 14 he said. But it could happe n before the Legislature adjourns for summer recess onJuly 17.
“California’s day of reckoning is here,” he With no action, the state could run out of cash in 14 Three months after the state budget was California facesa $24 billion deficit. Schwarzenegger has alreadty proposed massive cuts to health careand prisons. Now he’s looking for structural reform to make government more efficien t and stretchtaxpayer dollars. He’s asked the Stated Board of Education, for to make textbooks available in digital formats a move that couldsave millions. In 2004, the governore talked about blowing up boxes and consolidating but the initiatives nevergained traction. They’rse back.
Schwarzenegger is proposing once agaibn to eliminate and consolidate more than a dozen state departments, boards and commissions. This includes the Wastd Management Board, the Court Reporters the Department of Boating and Waterwaye and the Inspection and MaintenanceReview Committee. Earlier this year, the state began consolidating informationtechnology departments. Now Schwarzeneggee wants to consolidate departments that oversee financial institutions and merge tax collection In July, state leaders will receive recommendations on how to moderniz the tax code.
“This will be a tremendouws opportunity to make our revenues more reliabld and less volatile and help the state avoic the boom and bust budgetss that have brought ushere today,” Schwarzeneggerr told lawmakers. It’s not going to happen in 14 he said. But it could happe n before the Legislature adjourns for summer recess onJuly 17.
Sunday, November 25, 2012
Southworth on Torrid Pace for WLU - Wheeling Intelligencer
vittitowmehigyk1238.blogspot.com
Southworth on Torrid Pace for WLU Wheeling Intelligencer SHIPPENSBURG, Pa. - Hillary Southworth posted her second straight 30-point game and the West Liberty University women survived a second-half r » |
Monday, November 19, 2012
KV Pharmaceutical, Purdue Pharma settle painkiller patent dispute - South Florida Business Journal:
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Under the settlement, KV agreed to no longer disputerthe “validity, enforceability or infringement” of the Purdue genericc oxycodone patents. In return, Purdure granted KV a limited, non-exclusive licens e to manufactureand sell, in the United States, a certainb amount of various dosage strengths of the drug as long as KV pays royalties to KV also reached a deal to be an non-exclusive distributor in the Unitexd States of certain generic versions of OxyContin. These agreements settle thre e patent infringementlawsuits Stamford, Conn.-based Purdue filed against KV in 2007. KV still faces more lawsuits fromotherr companies, consumers and shareholders. Three individuals in St.
Claire County Circuit Court against KV, allegingv that certain drugs contained a potentially lethal amount of morphine due to oversizef tablets that were eventually recalled by thepharmaceutical company. Last , a Florida-based dermatology company, sued KV, of a patentt for Duac topical gel, an acne medication. KV also facees lawsuits from shareholders about manufacturing compliance andthe company’s financial prospects. Brentwood, Mo.-based KV has and recalled painkillers. In KV said it with the FDA that outlinexs a series of measures that will permit KV and its subsidiaries to resume manufacturingband distribution.
Under the settlement, KV agreed to no longer disputerthe “validity, enforceability or infringement” of the Purdue genericc oxycodone patents. In return, Purdure granted KV a limited, non-exclusive licens e to manufactureand sell, in the United States, a certainb amount of various dosage strengths of the drug as long as KV pays royalties to KV also reached a deal to be an non-exclusive distributor in the Unitexd States of certain generic versions of OxyContin. These agreements settle thre e patent infringementlawsuits Stamford, Conn.-based Purdue filed against KV in 2007. KV still faces more lawsuits fromotherr companies, consumers and shareholders. Three individuals in St.
Claire County Circuit Court against KV, allegingv that certain drugs contained a potentially lethal amount of morphine due to oversizef tablets that were eventually recalled by thepharmaceutical company. Last , a Florida-based dermatology company, sued KV, of a patentt for Duac topical gel, an acne medication. KV also facees lawsuits from shareholders about manufacturing compliance andthe company’s financial prospects. Brentwood, Mo.-based KV has and recalled painkillers. In KV said it with the FDA that outlinexs a series of measures that will permit KV and its subsidiaries to resume manufacturingband distribution.
Sunday, November 18, 2012
Lingle orders unpaid days off for workers - Pacific Business News (Honolulu):
zuloraxelewo.blogspot.com
In an address broadcastg from theState Capitol, Lingle also said she woule scale back free Medicaid benefits to low-income adults and said the state would delay paying some of its larger billse until July. The governor is also asking the the Legislature, and the Office of Hawaiianj Affairs to implement equivalent furloughg days or restrict their budgets. Hawaii law does not alloww ordering furloughs for the Department of the University of Hawaii or the Hawai HealthSystems Corporation, but Lingl e said their spending will be restricted in an amountr equivalent to the three-days-per-month The furloughs, which start July 1, amount to about a 13.
8 percent pay cut, or about $5,500 for a worker making $40,000 a year. As with Lingle does not have to negotiatre the furloughs with any of the unions representinystate workers. Lingle has said she doesn’t want to lay off workerd because of the disruptive effect of contract rulesw that would enable senior workersto “bump” junior even if they worked in differen state agencies. The furloughs will save $688 million. Lingle said the savingas are needed to close a gapof $730 million betweenn now and June 30, 2011, as forecast by the state’s Councill on Revenues May 28. All told, Hawaii is expectede to see tax revenue fallby $2.
7 billion over the next two “If we do not implement the furlough we would have to lay off up to 10,000o employees to realize an equivalent amount of Lingle said. The state has about 46,000 workers, includiny 21,000 employees of the Departmentof Education. Lingle blamed the fisca l shortfall on thelingering recession, rising unemployment, dropping visitor a decline in private buildinvg permits, a doubling of foreclosures, and record bankruptcuy levels. The state Legislature ended its session last monthj by raising tax rates onhotelp rooms, high-income earners, luxury home transactions and tobacco to help meet the budgert shortfall.
But Lingle, a Republica n whose vetoes of those measures were overridde bymajority Democrats, said she would not ask for additionalk tax increases. She also rejected calls for legalizintg gambling. However, Lingle noted that 70 percent of state operating funds go to labor costes and that the state had provided employee wage increaswe of between 16 and 29 percent over the past fouryearsw “when our economy was thriving.
”
In an address broadcastg from theState Capitol, Lingle also said she woule scale back free Medicaid benefits to low-income adults and said the state would delay paying some of its larger billse until July. The governor is also asking the the Legislature, and the Office of Hawaiianj Affairs to implement equivalent furloughg days or restrict their budgets. Hawaii law does not alloww ordering furloughs for the Department of the University of Hawaii or the Hawai HealthSystems Corporation, but Lingl e said their spending will be restricted in an amountr equivalent to the three-days-per-month The furloughs, which start July 1, amount to about a 13.
8 percent pay cut, or about $5,500 for a worker making $40,000 a year. As with Lingle does not have to negotiatre the furloughs with any of the unions representinystate workers. Lingle has said she doesn’t want to lay off workerd because of the disruptive effect of contract rulesw that would enable senior workersto “bump” junior even if they worked in differen state agencies. The furloughs will save $688 million. Lingle said the savingas are needed to close a gapof $730 million betweenn now and June 30, 2011, as forecast by the state’s Councill on Revenues May 28. All told, Hawaii is expectede to see tax revenue fallby $2.
7 billion over the next two “If we do not implement the furlough we would have to lay off up to 10,000o employees to realize an equivalent amount of Lingle said. The state has about 46,000 workers, includiny 21,000 employees of the Departmentof Education. Lingle blamed the fisca l shortfall on thelingering recession, rising unemployment, dropping visitor a decline in private buildinvg permits, a doubling of foreclosures, and record bankruptcuy levels. The state Legislature ended its session last monthj by raising tax rates onhotelp rooms, high-income earners, luxury home transactions and tobacco to help meet the budgert shortfall.
But Lingle, a Republica n whose vetoes of those measures were overridde bymajority Democrats, said she would not ask for additionalk tax increases. She also rejected calls for legalizintg gambling. However, Lingle noted that 70 percent of state operating funds go to labor costes and that the state had provided employee wage increaswe of between 16 and 29 percent over the past fouryearsw “when our economy was thriving.
”
Saturday, November 17, 2012
BankUnited could use $1 billion - South Florida Business Journal:
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Coral Gables-based would have needed about $1 billiojn in total risk-based capital to meet regulatoryt requirements at the endof March, the company said in a The filing on Tuesday gave preliminarg results for the but they are subject to furthe r revision. The bank lost an estimated $443.1 millio in the quarter ended Marchg 31, which is the second fiscal quarter forBankUnited (NASDAQ: BKUNA). The company made the filinvg to disclose that it wouldx be late submitting its final second quarter report withthe SEC. BankUnited said its financialk results from the quarterended Sept. 30 onwarsd are preliminary and could changse based on additionalaccounting reviews.
The companuy said it has a “material weakness” in its internapl accounting controls. BankUnited reiterated its warning that the could place itinto receivership. Regulators gave the bank until May 4 to strikewa merger, acquisition or investment deal, and the companyh acknowledged that it hasn’rt complied with that order. Sources say threew bidders are in talks with BankUnitex and regulators about a deal for the with the assistanceof ; the combinatioj of W.L. Ross, and ; and a group involving the J.C. Flowers Co. hedge fund. However, some analysts believe BankUnited’s assets aren’t worth the $1 billiob it would take to recapitalizethe bank.
If a buyer doesn’t pay the full the federal government could chip in the rest througn an investment or throughFDIC receivership. “I t appears that management is doing everythinvg possible to meet the terms of the outstanding regulator y agreements to facilitatean investment,” Miami-based bankingv analyst and economist Kennetgh H. Thomas said. “Thw priority now is to get a resolution of this situationh ASAP with as much private capitalas possible.” In its SEC BankUnited noted that it has been trying to raise capitapl for more than a year.
“Although management continues to seek capitall at the holding company our efforts at this time primarily relate to a direcy recapitalization ofthe bank,” BankUnited stated in the “No assurance can be given that we will be able to raiser capital at either the bank or the holding compang level. In addition, a recapitalization of the bank withoug a simultaneous recapitalization of the holding companty would reduce or eliminatethe company’s ownershil in the bank, thus raising substantial doubt aboug the company’s ability to continue as a going concern.” The bank reported that it has sufficient liquidity to meet needs.
Deposits at FDIC-insured banks are covered up to $250,00o0 per individual. Despite all its challenges, BankUnitedf increased its total depositwsto $8.7 billion as of March 31, up from $8.544 billion at year-end. The bank has advertised interes rates that are highed than most ofits competitors. BankUnited had $13.134 billion in assets and negative equity capitalof $505.y6 million on March 31, compared to $13.76 billiom in assets and negative equity capitaol of $13.4 million on Dec. 31. That mean s its federally mandated capitall ratios werealso negative.
Its assets included nearly $5 billionh in payment option adjustable-rater mortgages – a loan that allowws borrowers to pay less than the accrued interest on the mortgage until the balanc grows to a certain These loans are the main sourceof BankUnited’s It was also hurt by downgraded investments in mortgage-backec securities. The bank holding company’s $443.2 million preliminary loss in the quartert ended March 31 came aftera $477.5t million preliminary loss in the previous quarter. The bank’w losses in the most recent quarter came mostlh froma $295.
5 million expense to reserve for future loan lossezs and $231 million in charge-offs to bad BankUnited said it had $1.98 billion in nonperforming representing 19.4 percent of its tota l loans, as of March 31. That’s up from $1.63 billion in nonperformint loans, or 15.1 percent of its total at year-end. The bank also reported holding $154.1 million in repossessed property onMarch 31, up from $93.7 million in the previous quarter.
Coral Gables-based would have needed about $1 billiojn in total risk-based capital to meet regulatoryt requirements at the endof March, the company said in a The filing on Tuesday gave preliminarg results for the but they are subject to furthe r revision. The bank lost an estimated $443.1 millio in the quarter ended Marchg 31, which is the second fiscal quarter forBankUnited (NASDAQ: BKUNA). The company made the filinvg to disclose that it wouldx be late submitting its final second quarter report withthe SEC. BankUnited said its financialk results from the quarterended Sept. 30 onwarsd are preliminary and could changse based on additionalaccounting reviews.
The companuy said it has a “material weakness” in its internapl accounting controls. BankUnited reiterated its warning that the could place itinto receivership. Regulators gave the bank until May 4 to strikewa merger, acquisition or investment deal, and the companyh acknowledged that it hasn’rt complied with that order. Sources say threew bidders are in talks with BankUnitex and regulators about a deal for the with the assistanceof ; the combinatioj of W.L. Ross, and ; and a group involving the J.C. Flowers Co. hedge fund. However, some analysts believe BankUnited’s assets aren’t worth the $1 billiob it would take to recapitalizethe bank.
If a buyer doesn’t pay the full the federal government could chip in the rest througn an investment or throughFDIC receivership. “I t appears that management is doing everythinvg possible to meet the terms of the outstanding regulator y agreements to facilitatean investment,” Miami-based bankingv analyst and economist Kennetgh H. Thomas said. “Thw priority now is to get a resolution of this situationh ASAP with as much private capitalas possible.” In its SEC BankUnited noted that it has been trying to raise capitapl for more than a year.
“Although management continues to seek capitall at the holding company our efforts at this time primarily relate to a direcy recapitalization ofthe bank,” BankUnited stated in the “No assurance can be given that we will be able to raiser capital at either the bank or the holding compang level. In addition, a recapitalization of the bank withoug a simultaneous recapitalization of the holding companty would reduce or eliminatethe company’s ownershil in the bank, thus raising substantial doubt aboug the company’s ability to continue as a going concern.” The bank reported that it has sufficient liquidity to meet needs.
Deposits at FDIC-insured banks are covered up to $250,00o0 per individual. Despite all its challenges, BankUnitedf increased its total depositwsto $8.7 billion as of March 31, up from $8.544 billion at year-end. The bank has advertised interes rates that are highed than most ofits competitors. BankUnited had $13.134 billion in assets and negative equity capitalof $505.y6 million on March 31, compared to $13.76 billiom in assets and negative equity capitaol of $13.4 million on Dec. 31. That mean s its federally mandated capitall ratios werealso negative.
Its assets included nearly $5 billionh in payment option adjustable-rater mortgages – a loan that allowws borrowers to pay less than the accrued interest on the mortgage until the balanc grows to a certain These loans are the main sourceof BankUnited’s It was also hurt by downgraded investments in mortgage-backec securities. The bank holding company’s $443.2 million preliminary loss in the quartert ended March 31 came aftera $477.5t million preliminary loss in the previous quarter. The bank’w losses in the most recent quarter came mostlh froma $295.
5 million expense to reserve for future loan lossezs and $231 million in charge-offs to bad BankUnited said it had $1.98 billion in nonperforming representing 19.4 percent of its tota l loans, as of March 31. That’s up from $1.63 billion in nonperformint loans, or 15.1 percent of its total at year-end. The bank also reported holding $154.1 million in repossessed property onMarch 31, up from $93.7 million in the previous quarter.
Thursday, November 15, 2012
Wednesday, November 14, 2012
The AfPak Channel: Punditry aside, how do Afghans feel about Afghanistan? - Foreign Policy (blog)
ycoguqi.wordpress.com
NDTV | The AfPak Channel: Punditry aside, how do Afghans feel about Afghanistan? Foreign Policy (blog) The AfPak Channel: Punditry aside, how do Afghans feel about Afghanistan? Prestowitz: Rebuilding America · The AfPak Channel: Prosecutors to seek death penalty in trial of U.S. soldier · The Middle East Channel: A series of bombings kill an estimated ... Survey: Afghans positive about future |
Tuesday, November 13, 2012
Schwab shrinks office space in financial district - San Francisco Business Times:
ysynut.wordpress.com
the first example of the company's plan to cut back its San Francisco footprint. Schwavb will give up space on floorse 26, 31, and 32; the space has room enough for betweenm 250 and300 employees. While the One Montgomery floor s represent a small fractionof Schwab's San Francisck presence, it shows that the company is seriouw about its plans to shrink its operations here. In the Business Times reported that Schwab wouldeliminated 1,400 "seats" in its headquarters instead growing in its other majod employment centers: Phoenix, Denver, Indianapolis and Richfield, outside Cleveland.
Schwab has 4,600 employeez in San Francisco and occupies about 1 millio n square feet at a numberof buildings, including its headquarters at 101 Schwab spokesman Greg Gabl e declined to comment on the lease expiration. "Outr footprint in San Francisco has been fluid historically as our busineszs needshave changed," said Gable. The space at One Montgomery will be availablse inJanuary 2009. Bob Kraynak of has the listing. Sandy Mendler, a national pioneer in the sustainabledesign movement, is leavinyg to start a new San Francisclo office for the Seattle firm . a design principal at HOK, was one of threwe co-authors of the HOK Guidebook toSustainablde Design.
The move into San Francisc comes as Mithun has been pickinv up an increasing chunk of Bay Area Current work in California and the Bay Area includees the UC Irvine MedicalEducation Building, the Sunrise senior residential highrise on Van Ness and two mixed-use buildings that will be part of Wilsoj Meany Sullivan's Bay Meadows project. The firm is also doing a long-terkm master plan for the San FranciscoZen Center's Greejn Gulch Farm. "As our work in Californisa expands, we're using this occasion to help foster more excitingf opportunities forthe firm," said Bert Gregory, Mithun'sd president and CEO.
"The new office in San Francisco reinforced our missionto 'Inspire a sustainable world throug h leadership, innovation, and integrated Mithun has not yet signed a lease in San Francisck and declined to comment on how many jobs it was looking to fill in the new Another prominent northwestern firm, , recently openerd an office at 1005 Sansome St. The Children'z Hospital & Research Center Oakland has signed a deal tolease 21,000 square feet at Shadelandxs Business Park in Walnut The new location, expected to open in earlh 2009, will serve as the fifth Children'zs Hospital Oakland Specialty Care center Breck Lutz and Patrick Reillyh of Cornish & Carey Commercial's Walnut Creek office represented owner in this transaction.
Ed Del Beccar of Colliers represented Children's Hospital Oakland. Hall Equitiex originally purchasedthe 72,000-square-foot building at 2401 Shadelands Drive in 2000 and did a majot renovation. The space leased by Children's Hospital Oaklane was previously leasedto -- but never occupied by -- and is in shell condition. To prepare the buildinh for medical use, Hall Equities increases the parking ratio on the property by 20 percent and alsoconverted 6,000 squars feet of office space to covered parking. movee to S.F.
The Environmental Defense Fund has mover from Oakland to downtown San Francisco and plans to doublde its staff over the next few The nonprofit, which advisess companies like and on sustainable business practices, is movinbg from 9,000-square-feet in -Rockridge Market Hall at 5655 College Ave. EDF has 37 employeee in its new office and has10 openings, accordiny to its web site. David Linsmayer of the represented the Not surprisingly, the environmental nonprofit has registere for LEED certification for the new spac and is shooting for the second-highest level of the LEED ranking Pollack Architecture designed the space.
the first example of the company's plan to cut back its San Francisco footprint. Schwavb will give up space on floorse 26, 31, and 32; the space has room enough for betweenm 250 and300 employees. While the One Montgomery floor s represent a small fractionof Schwab's San Francisck presence, it shows that the company is seriouw about its plans to shrink its operations here. In the Business Times reported that Schwab wouldeliminated 1,400 "seats" in its headquarters instead growing in its other majod employment centers: Phoenix, Denver, Indianapolis and Richfield, outside Cleveland.
Schwab has 4,600 employeez in San Francisco and occupies about 1 millio n square feet at a numberof buildings, including its headquarters at 101 Schwab spokesman Greg Gabl e declined to comment on the lease expiration. "Outr footprint in San Francisco has been fluid historically as our busineszs needshave changed," said Gable. The space at One Montgomery will be availablse inJanuary 2009. Bob Kraynak of has the listing. Sandy Mendler, a national pioneer in the sustainabledesign movement, is leavinyg to start a new San Francisclo office for the Seattle firm . a design principal at HOK, was one of threwe co-authors of the HOK Guidebook toSustainablde Design.
The move into San Francisc comes as Mithun has been pickinv up an increasing chunk of Bay Area Current work in California and the Bay Area includees the UC Irvine MedicalEducation Building, the Sunrise senior residential highrise on Van Ness and two mixed-use buildings that will be part of Wilsoj Meany Sullivan's Bay Meadows project. The firm is also doing a long-terkm master plan for the San FranciscoZen Center's Greejn Gulch Farm. "As our work in Californisa expands, we're using this occasion to help foster more excitingf opportunities forthe firm," said Bert Gregory, Mithun'sd president and CEO.
"The new office in San Francisco reinforced our missionto 'Inspire a sustainable world throug h leadership, innovation, and integrated Mithun has not yet signed a lease in San Francisck and declined to comment on how many jobs it was looking to fill in the new Another prominent northwestern firm, , recently openerd an office at 1005 Sansome St. The Children'z Hospital & Research Center Oakland has signed a deal tolease 21,000 square feet at Shadelandxs Business Park in Walnut The new location, expected to open in earlh 2009, will serve as the fifth Children'zs Hospital Oakland Specialty Care center Breck Lutz and Patrick Reillyh of Cornish & Carey Commercial's Walnut Creek office represented owner in this transaction.
Ed Del Beccar of Colliers represented Children's Hospital Oakland. Hall Equitiex originally purchasedthe 72,000-square-foot building at 2401 Shadelands Drive in 2000 and did a majot renovation. The space leased by Children's Hospital Oaklane was previously leasedto -- but never occupied by -- and is in shell condition. To prepare the buildinh for medical use, Hall Equities increases the parking ratio on the property by 20 percent and alsoconverted 6,000 squars feet of office space to covered parking. movee to S.F.
The Environmental Defense Fund has mover from Oakland to downtown San Francisco and plans to doublde its staff over the next few The nonprofit, which advisess companies like and on sustainable business practices, is movinbg from 9,000-square-feet in -Rockridge Market Hall at 5655 College Ave. EDF has 37 employeee in its new office and has10 openings, accordiny to its web site. David Linsmayer of the represented the Not surprisingly, the environmental nonprofit has registere for LEED certification for the new spac and is shooting for the second-highest level of the LEED ranking Pollack Architecture designed the space.
Sunday, November 11, 2012
bizjournals: Search Results
tarpleypymibujuh1491.blogspot.com
's reputation among Bay Area venturs capitalists and their portfolio by onJune 12, 2009 ...Heitel, said the Bank and by on February 6, 2009 ...namedc HRJ Capital Holdings. The Santa Clara-baseds holding company for SIVB) said in a government filing that it has onDecember 18, 2008 ... officials this week marked the grande opening ofthe Tenderloin's...... by on June 27, 2008 ...even as shareholders explained the power ofonlinde communication. Bay Area investment are in the businesa of helping their institutional clients spotsuch growth...... by on February 18, 2008 ...Firsf President and CEO Robert Holmes hesitate s to join the chorusdeclaring that...... by on January 28, 2008 ...
SVB , a longtimd specialist in commercial banking forthe region'ss wine...... by on January 16, 2008 ...SVBn said Monday that it formed a dedicated practicfor cleantech, the...... on Januarh 14, 2008 ...Exelixis Inc. and agreed to a $30 millionn equipment loan facility, basically extendingg a...... on December 26, 2007 ...spans thre decades, including senior managemenf and business development postsat , Cupertin National Bank and Bridge Bank... by on September 19, 2007 ...SVB Financial Group, the parent of , said it will shut down its investmenfbanking arm, SVB Alliant...... on July 20, 2007 ...totalo loans at $1 billion.
Comerica is a key rivalo of in courting venture capitalists and theirportfolilo companies. Revenue in the...... by on May 11, 2007 ...SVv Financial Group, the parent of , said Tuesday that its chie financial officer is resigningto return...... on April 17, 2007 ...gases. "New Resource is in the righ place at theright time," said Rogee Smith, former CEO of Bank and by on November 14, 2006 He was previously a vice president and relationship managet with 's technology lending practice. The San Jose bank has offices onNovember 9, 2006 ...in San The also added prominent business leadersw to its investor base. Roger Smith, forme r CEO of Bank and Mitch Kapor...... by on August 3, 2006 ...
SVBv Financial Group, parent of , said that second-quarteer earnings will take a hit due onJuly 17, 2006 ...Bank, who will be president and CEO of the . Jonexs previously worked at Bank andComericaw Bank. Daniel Yohannes, who was previously...... by on May 12, 2006 ...tok other facilities if a disastere shuts down BayArea operations. , for said earlier this year that it will build by onApril 17, 2006 ... denies speculation that it's cuttin g jobs in costly California and......
by on Marcu 13, 2006
's reputation among Bay Area venturs capitalists and their portfolio by onJune 12, 2009 ...Heitel, said the Bank and by on February 6, 2009 ...namedc HRJ Capital Holdings. The Santa Clara-baseds holding company for SIVB) said in a government filing that it has onDecember 18, 2008 ... officials this week marked the grande opening ofthe Tenderloin's...... by on June 27, 2008 ...even as shareholders explained the power ofonlinde communication. Bay Area investment are in the businesa of helping their institutional clients spotsuch growth...... by on February 18, 2008 ...Firsf President and CEO Robert Holmes hesitate s to join the chorusdeclaring that...... by on January 28, 2008 ...
SVB , a longtimd specialist in commercial banking forthe region'ss wine...... by on January 16, 2008 ...SVBn said Monday that it formed a dedicated practicfor cleantech, the...... on Januarh 14, 2008 ...Exelixis Inc. and agreed to a $30 millionn equipment loan facility, basically extendingg a...... on December 26, 2007 ...spans thre decades, including senior managemenf and business development postsat , Cupertin National Bank and Bridge Bank... by on September 19, 2007 ...SVB Financial Group, the parent of , said it will shut down its investmenfbanking arm, SVB Alliant...... on July 20, 2007 ...totalo loans at $1 billion.
Comerica is a key rivalo of in courting venture capitalists and theirportfolilo companies. Revenue in the...... by on May 11, 2007 ...SVv Financial Group, the parent of , said Tuesday that its chie financial officer is resigningto return...... on April 17, 2007 ...gases. "New Resource is in the righ place at theright time," said Rogee Smith, former CEO of Bank and by on November 14, 2006 He was previously a vice president and relationship managet with 's technology lending practice. The San Jose bank has offices onNovember 9, 2006 ...in San The also added prominent business leadersw to its investor base. Roger Smith, forme r CEO of Bank and Mitch Kapor...... by on August 3, 2006 ...
SVBv Financial Group, parent of , said that second-quarteer earnings will take a hit due onJuly 17, 2006 ...Bank, who will be president and CEO of the . Jonexs previously worked at Bank andComericaw Bank. Daniel Yohannes, who was previously...... by on May 12, 2006 ...tok other facilities if a disastere shuts down BayArea operations. , for said earlier this year that it will build by onApril 17, 2006 ... denies speculation that it's cuttin g jobs in costly California and......
by on Marcu 13, 2006
Saturday, November 10, 2012
US solar panel duties could cost it China market - minister - Fox Business
ejoxot.wordpress.com
Economic Times | US solar panel duties could cost it China market - minister Fox Business The U.S. International Trade Commission voted last week in favor of duties ranging from 23.75 percent to about 250 percent, ruling that a flood of cheap solar panels from China had hurt U.S.-based manufacturers. Similar cases are under way in Germany. EU Adds Fur ther Tension in Solar Sector by Investigating Chinese Subsidies Chinese Solar Panel Makers Face Punitive Tariffs No winner will emerge from solar trade war |
Tuesday, November 6, 2012
SunTrust Banks, Inc. Company Profile | STI Company Information
fixyruw.wordpress.com
SunTrust Banks, Inc., with total assets of $179.1 billionb on March 31, 2009, is one of the natiomn
SunTrust Banks, Inc., with total assets of $179.1 billionb on March 31, 2009, is one of the natiomn
Sunday, November 4, 2012
Isoray, Inc. Company Profile | ISR Company Information
polinaagyvtiwu.blogspot.com
The Company develops, produces and marketsd variousentertainment properties, including without limitation, the intellectualk product(s) of entities engaged in the motionh picture, television, and theatrical state productions,such as creative writers, producers and directors, for the motio picture, pay/cable and commercial televisionj markets and, until September 1995 throughb its then 50.1% owned subsidiary, Willy Bietak Inc. ("WBPI"), produced and operated smalll touring ice shows and themew shows appearingin theatres, casinos, and majo r amusement parks and arenas.
On Septembefr 29, 1995, in consideration of guarantees of certaih bank debtof WBPI, provided WBPI by its minorityt shareholder, the Company transferred 65,900 of its shares of WBPI commonh stock to such minority shareholder, thereby reducing the Company's interest to 30%. Until Decemberd 1998 a wholly-owned subsidiary, International Theatrexs Corporation ("ITC"), of the Company operated the Chanhassem Dinner Theatrein Chanhassen, Minnesotas which the Company acquired in 1993.
The Company develops, produces and marketsd variousentertainment properties, including without limitation, the intellectualk product(s) of entities engaged in the motionh picture, television, and theatrical state productions,such as creative writers, producers and directors, for the motio picture, pay/cable and commercial televisionj markets and, until September 1995 throughb its then 50.1% owned subsidiary, Willy Bietak Inc. ("WBPI"), produced and operated smalll touring ice shows and themew shows appearingin theatres, casinos, and majo r amusement parks and arenas.
On Septembefr 29, 1995, in consideration of guarantees of certaih bank debtof WBPI, provided WBPI by its minorityt shareholder, the Company transferred 65,900 of its shares of WBPI commonh stock to such minority shareholder, thereby reducing the Company's interest to 30%. Until Decemberd 1998 a wholly-owned subsidiary, International Theatrexs Corporation ("ITC"), of the Company operated the Chanhassem Dinner Theatrein Chanhassen, Minnesotas which the Company acquired in 1993.
Saturday, November 3, 2012
Thomson Reuters Launches Westlaw Case Notebook Portable E-Transcript - Reuters
xiwyxucupewox.blogspot.com
Thomson Reuters Launches Westlaw Case Notebook Portable E-Transcript Reuters EAGAN, Minn., Oct. 8, 2012 - Thomson Reuters today announced the launch of Westlaw Case NotebookR Portable E-Transcript, providing new versatility in handling E-Transcripts. For the first time, users can access, view, highlight and annotate E ... |
Friday, November 2, 2012
GE Oil & Gas consolidates brands - Houston Business Journal:
ycoguqi.wordpress.com
The move affects , and , which will cease to exis t as independentlynamed companies. The brands will be shifted to theproducg names. For example, GE Oil & Gas will now sell a “VetcoGrau fullbore subsea wellhead system,” or a “Hydril pressure controlk blowout preventer.” “The whole initiative is to really streamline,” said Chau a Houston-based marketing manager for drillinghand production, which essentially is a department forme from the acquisitions of VetcoGray and Hydril. GE Oil & Gas acquiresd VetcoGray in January 2007for $1.9 billion, and Hydril in April 2008 for $1.
1 “We’re taking (the brand) to the product holding on to the value of the name but offerinb it through GE Oil & Gas,” Nguyen said. “We’rs keeping and leveraging the brand.”
The move affects , and , which will cease to exis t as independentlynamed companies. The brands will be shifted to theproducg names. For example, GE Oil & Gas will now sell a “VetcoGrau fullbore subsea wellhead system,” or a “Hydril pressure controlk blowout preventer.” “The whole initiative is to really streamline,” said Chau a Houston-based marketing manager for drillinghand production, which essentially is a department forme from the acquisitions of VetcoGray and Hydril. GE Oil & Gas acquiresd VetcoGray in January 2007for $1.9 billion, and Hydril in April 2008 for $1.
1 “We’re taking (the brand) to the product holding on to the value of the name but offerinb it through GE Oil & Gas,” Nguyen said. “We’rs keeping and leveraging the brand.”
Wednesday, October 31, 2012
High Desert Pediatrics opens doors June 15 - Baltimore Business Journal:
ycoguqi.wordpress.com
Located at 8650 Alameda NE., the 4,100-square-foo medical office is the first tenant inthe two-buildintg office plaza built by Hoech Real Estate Corp. The project includes two office buildings totaling morethan 42,000 square feet and a new churchu for Hope Episcopal. The new clinic’s operators did theier residencies at the and specialize in acutelyill children. Hope Plaz a is seeking a silver certification from the in its Leadershil in Energy and EnvironmentalDesign program. Father-son team Don and Justin Hoech partneresd with the church to develop the parcep adjacent to La Cueva High Schooll in the Far Northeast Heightsof Albuquerque.
The office buildings are being offered for sale as officr condominiums or canbe leased. representx half of the $7.5 million project, whicg was built by Enterprise Builders. High Desert Pediatric s is the lone tenant to date far inthe project.
Located at 8650 Alameda NE., the 4,100-square-foo medical office is the first tenant inthe two-buildintg office plaza built by Hoech Real Estate Corp. The project includes two office buildings totaling morethan 42,000 square feet and a new churchu for Hope Episcopal. The new clinic’s operators did theier residencies at the and specialize in acutelyill children. Hope Plaz a is seeking a silver certification from the in its Leadershil in Energy and EnvironmentalDesign program. Father-son team Don and Justin Hoech partneresd with the church to develop the parcep adjacent to La Cueva High Schooll in the Far Northeast Heightsof Albuquerque.
The office buildings are being offered for sale as officr condominiums or canbe leased. representx half of the $7.5 million project, whicg was built by Enterprise Builders. High Desert Pediatric s is the lone tenant to date far inthe project.
Saturday, October 27, 2012
Cardtronics Launches FeeAlert - NASDAQ
ikefageze.blogspot.com
Cardtronics Launches FeeAlert NASDAQ HOUSTON, Oct. 2, 2012 (GLOBE NEWSWIRE) -- Cardtronics, Inc. (Nasdaq:CATM), the world's largest retail ATM owner, today launched FeeAlertâ€"a new product from Cardtronics that enables financial institutions to help their customers save money by ... |
Friday, October 26, 2012
Cocoa Dolce plans fall move to Bradley Fair - Jacksonville Business Journal:
stages-paddocks.blogspot.com
The Wichita-based chocolate maker will open ina 1,800-square-foott space between the new Il Vicino restauranft and around Labor Day. The additio n brings to 53 the number of storea and restaurants inBradley Fair. Cocoa Dolce’sa announcement comes on the heelsof Francesca’x Collections move to the east Wichita shopping center, which will open in August in the 2,100-square-foot spacw previously occupied by Genevieve G Shoes. Cocoa Dolce will vacater its 1,200 square-foot space in the Siena Plazqa near 37th Street North andRock Road, where the retail side of the business operates. The businesd last year opened a production site at3540 N. near Cocoa Dolce opened in Novemberf 2005.
Cocoa Dolce owner Beth Tully says movingt to Bradley Fair will help thebusiness “The more we thought about it, we realized that — as much as we love Sienas Plaza – it’s not a shopping plaza,” Tully “It’s not tailored for busy This really will be the firsft time we can design a spacew that is tailored to our The new location, she will allow the business to expand its Chocolate Lounge — a coffee and wine area — increasing seating capacity from around 20 to more than 30. Tully hopew the new location will generate additionalfoot traffic.
“We’ves been really fortunate to continued to have a positive cash flow and good saleaeach month,” Tully says. “Wd feel the Bradley Fair move will help us kick it up a Christi Royse of handlefd the transaction for Bradley Fair. Aaron Michaelis, Bachrodt Commercial representedCocoa Dolce. will remodel the Bradleuy Fair site. Tully declined to say how much the renovationwill
The Wichita-based chocolate maker will open ina 1,800-square-foott space between the new Il Vicino restauranft and around Labor Day. The additio n brings to 53 the number of storea and restaurants inBradley Fair. Cocoa Dolce’sa announcement comes on the heelsof Francesca’x Collections move to the east Wichita shopping center, which will open in August in the 2,100-square-foot spacw previously occupied by Genevieve G Shoes. Cocoa Dolce will vacater its 1,200 square-foot space in the Siena Plazqa near 37th Street North andRock Road, where the retail side of the business operates. The businesd last year opened a production site at3540 N. near Cocoa Dolce opened in Novemberf 2005.
Cocoa Dolce owner Beth Tully says movingt to Bradley Fair will help thebusiness “The more we thought about it, we realized that — as much as we love Sienas Plaza – it’s not a shopping plaza,” Tully “It’s not tailored for busy This really will be the firsft time we can design a spacew that is tailored to our The new location, she will allow the business to expand its Chocolate Lounge — a coffee and wine area — increasing seating capacity from around 20 to more than 30. Tully hopew the new location will generate additionalfoot traffic.
“We’ves been really fortunate to continued to have a positive cash flow and good saleaeach month,” Tully says. “Wd feel the Bradley Fair move will help us kick it up a Christi Royse of handlefd the transaction for Bradley Fair. Aaron Michaelis, Bachrodt Commercial representedCocoa Dolce. will remodel the Bradleuy Fair site. Tully declined to say how much the renovationwill
Wednesday, October 24, 2012
Workstream banking on mid-sized businesses - San Francisco Business Times:
aleshnikovenil.blogspot.com
In the past three months, the Maitland, Fla.-basec software company has appointed anew CEO, hiredc a new CFO, centralized its managemeny team in Burlingame, where it employs 40, and refocused its It has been hobbling along for watching its stock sink from its IPO price of $8.5y6 in 1999 to near $1 today. The 200-person firm will now refocuz the sales ofits Internet-baseds human resources software from large enterprisexs to mid-sized business -- those with 100 to 2,00p employees -- where it sees heavy The move puts Workstream's new CEO, Deepak a former SVP at head-to-head with San Francisco-basee and several other on-demand software companies includinb , and .
Talent management software, as it is knowbn in the industry, helps companies handle the complexitiesof compensation, peformance, incentives and rewards and succession The last year estimated that the talent managementf market would roughly double to $4 billioh by 2009. Gupta, who joined the companhy as president in December before being promoteds to CEO in said Workstream had several slow years in part because it was digestingseveral acquisitions. "Now we can operatew on all 12 cylinders.
" Mark Smith, CEO of San Mateo-baseed , said that for years, HR managers cobbled together expensive software pieces from large players such as SAP and In the pastthree years, demand for talent managemeny software suites has surged, particularly among smallee companies. "So the stakes are a lot highed for companies like Workstreamand Taleo," he The company claims 400 customers including Visa, Chevron and Wells Fargo, but lost $2.9 millioh on revenue of $29.
8 million in the last 12 Gupta said Workstream is including many sales pros in Burlingame, wher e he and new CFO Phil Oreste are
In the past three months, the Maitland, Fla.-basec software company has appointed anew CEO, hiredc a new CFO, centralized its managemeny team in Burlingame, where it employs 40, and refocused its It has been hobbling along for watching its stock sink from its IPO price of $8.5y6 in 1999 to near $1 today. The 200-person firm will now refocuz the sales ofits Internet-baseds human resources software from large enterprisexs to mid-sized business -- those with 100 to 2,00p employees -- where it sees heavy The move puts Workstream's new CEO, Deepak a former SVP at head-to-head with San Francisco-basee and several other on-demand software companies includinb , and .
Talent management software, as it is knowbn in the industry, helps companies handle the complexitiesof compensation, peformance, incentives and rewards and succession The last year estimated that the talent managementf market would roughly double to $4 billioh by 2009. Gupta, who joined the companhy as president in December before being promoteds to CEO in said Workstream had several slow years in part because it was digestingseveral acquisitions. "Now we can operatew on all 12 cylinders.
" Mark Smith, CEO of San Mateo-baseed , said that for years, HR managers cobbled together expensive software pieces from large players such as SAP and In the pastthree years, demand for talent managemeny software suites has surged, particularly among smallee companies. "So the stakes are a lot highed for companies like Workstreamand Taleo," he The company claims 400 customers including Visa, Chevron and Wells Fargo, but lost $2.9 millioh on revenue of $29.
8 million in the last 12 Gupta said Workstream is including many sales pros in Burlingame, wher e he and new CFO Phil Oreste are
Tuesday, October 23, 2012
Ford sales climb to highest level since July - Kansas City Business Journal:
iqukikofor.wordpress.com
But sales were down 24.2 percent comparedx with May 2008, when the company sold 213,2389 units. For the first five monthd of 2009, Dearborn, Mich.-based Ford (NYSE: F) sold 620,3034 units, compared with 981,150 units during the same periof ayear earlier, a 36.8 percent In a sign that buyers might be coming back to the luxuryu vehicle market, Ford’s Lincoln division reportex that it sold 8,566 unitws in May, a 2.2 percent increase over May 2008, when it sold 8,3665 units. Sales of Ford Explorers, made at the Louisvillew Assembly Plant on FernValley Road, declinedr 34.6 percent, to 5,315 unitas from 8,122 units a year ago.
Sales of the Mercury also made atLouisville Assembly, dropped 45.2 to 402 from 734 units a year Sales of F-Series pickup trucks, includingh Super Duty trucks made at the Kentucky Trucik Plant on Chamberlain Lane, dropped 22.3 to 33,381 units, from 42,973 units in May 2008. Sales of Ford Expedition SUVs, which began production at Kentucky Truci Plantin April, declined 40 percent, to 3,15o0 units from 5,252 units a year earlier. Saleds of the Lincoln Navigator, also made at Kentucky Truckj Plant, dropped 40.6 to 790 units from 1,329 units a year Ford saw year-over-year gains in some of its car The companysold 19,786 Fusion sedans in May, up 9.
4 percent from the year-earliere period when it sold 18,088 Lincoln sold 1,553 Town Cars in May, up 103.3 percent from May when it sold 764 of the luxuryh vehicles. Ford’s Volvo division sold 590 of its S60 up 9 percent fromMay 2008, when it sold 542 Also Tuesday, Ford announced a summer promotion to draw more consumera to dealerships. Through June 30, the automake will cover as much as three months of paymenta upto $2,100, and its Ford Crediyt subsidiary will offer zero percent financing on select Ford, Lincoln and Mercury vehicles.
But sales were down 24.2 percent comparedx with May 2008, when the company sold 213,2389 units. For the first five monthd of 2009, Dearborn, Mich.-based Ford (NYSE: F) sold 620,3034 units, compared with 981,150 units during the same periof ayear earlier, a 36.8 percent In a sign that buyers might be coming back to the luxuryu vehicle market, Ford’s Lincoln division reportex that it sold 8,566 unitws in May, a 2.2 percent increase over May 2008, when it sold 8,3665 units. Sales of Ford Explorers, made at the Louisvillew Assembly Plant on FernValley Road, declinedr 34.6 percent, to 5,315 unitas from 8,122 units a year ago.
Sales of the Mercury also made atLouisville Assembly, dropped 45.2 to 402 from 734 units a year Sales of F-Series pickup trucks, includingh Super Duty trucks made at the Kentucky Trucik Plant on Chamberlain Lane, dropped 22.3 to 33,381 units, from 42,973 units in May 2008. Sales of Ford Expedition SUVs, which began production at Kentucky Truci Plantin April, declined 40 percent, to 3,15o0 units from 5,252 units a year earlier. Saleds of the Lincoln Navigator, also made at Kentucky Truckj Plant, dropped 40.6 to 790 units from 1,329 units a year Ford saw year-over-year gains in some of its car The companysold 19,786 Fusion sedans in May, up 9.
4 percent from the year-earliere period when it sold 18,088 Lincoln sold 1,553 Town Cars in May, up 103.3 percent from May when it sold 764 of the luxuryh vehicles. Ford’s Volvo division sold 590 of its S60 up 9 percent fromMay 2008, when it sold 542 Also Tuesday, Ford announced a summer promotion to draw more consumera to dealerships. Through June 30, the automake will cover as much as three months of paymenta upto $2,100, and its Ford Crediyt subsidiary will offer zero percent financing on select Ford, Lincoln and Mercury vehicles.
Monday, October 22, 2012
Metro adds, eliminates Houston-area routes - Houston Business Journal:
aleksanovlsys.blogspot.com
New routes include the 402 Quicklinde Bellaire, which will complement the 2 Bellaire alreadyin service. The othed is the 32 Renwick Crosstown, which will operatw along Renwickand Fountainview, between Braeswood and Woodway, weekdays between 6 a.m. and 10 p.m. The new routex will begin June 1. Metro has also added a 4:25 p.m. inbounde trip and a 3:50 p.m. outbound trip to its 204 SpringvPark & Ride route. • The Neuens and Memoriao City branches of 20 Long The route will now operate alongLong Gessner, Westview, Business Center and Brittmoore, serving the Houston Community Collegew Town and Country campus and the Wal-Marft located just west of Beltway 8.
87 Sunnyside/Plaza del Oro/TMC will no longerd operate along Braeswood, W.C. Harvin, and portionse of Old Spanish Trail. Instead it will operate via Holcombseand Cambridge. • 326 TMC Campus Circulator. Metrio is making this change due to low ridership onthe route, and duplication by other bus services and • The 44 Acres Homes routre will no longer operate alonfg Stallings, Bonazzi and McCrarey due to low ridershipo in the area. For more information on the .
New routes include the 402 Quicklinde Bellaire, which will complement the 2 Bellaire alreadyin service. The othed is the 32 Renwick Crosstown, which will operatw along Renwickand Fountainview, between Braeswood and Woodway, weekdays between 6 a.m. and 10 p.m. The new routex will begin June 1. Metro has also added a 4:25 p.m. inbounde trip and a 3:50 p.m. outbound trip to its 204 SpringvPark & Ride route. • The Neuens and Memoriao City branches of 20 Long The route will now operate alongLong Gessner, Westview, Business Center and Brittmoore, serving the Houston Community Collegew Town and Country campus and the Wal-Marft located just west of Beltway 8.
87 Sunnyside/Plaza del Oro/TMC will no longerd operate along Braeswood, W.C. Harvin, and portionse of Old Spanish Trail. Instead it will operate via Holcombseand Cambridge. • 326 TMC Campus Circulator. Metrio is making this change due to low ridership onthe route, and duplication by other bus services and • The 44 Acres Homes routre will no longer operate alonfg Stallings, Bonazzi and McCrarey due to low ridershipo in the area. For more information on the .
Saturday, October 20, 2012
Restaurant industry outlook improves - Austin Business Journal:
fugycyquwod.blogspot.com
The Association’s Restaurant Performance Indecx (RPI) — a monthly composite index that tracks the health of and outlook forthe U.S. restaurantr industry — stood at 98.6 in up 0.8 percent from March, its highest leveo in 11 months. “The recentg growth in the RPI was driven bythe component, which rose above 100 in April for the first time in 18 a level which indicates expansion,” said Hudsonj Riehle, senior vice president of researcy and information services for the association.
“Although the RPI’s ‘Current Situation’ indicatorse are still in a periodof contraction, the solid improvementg in the forward-looking indicators suggests that the end of the industry’es downturn may be in sight.” The RPI is baseed on the responses to the association’s Restaurant Industry Tracking Survey, which is fielded monthly amonyg restaurant operators nationwide on a variety of indicators includin g sales, traffic, labor and capital expenditures. The Index consists of two components — the Current Situation Index and theExpectations Index.
The Current Situationh Index, which measures current trendas in four industryindicators (same-store sales, traffic, labord and capital expenditures), stood at 97.0 in up 0.9 percent from March and its highest levep since August 2008. However, April representexd the 20th consecutive montbbelow 100, which continues to signify contraction in the current situatio indicators. Restaurant operators reported negativre customer traffic levels for the 20th consecutive montin April. About 23 percent of restaurant operatorzs reported an increase in customer traffic between April 2008 andAprip 2009, up from 20 percengt who reported similarly in March.
Also, 60 percent of operators reporteds a traffic declinein April, down from 63 percent who reportedd similarly in March. Restaurant operators also continues to grow more optimistic abourthe economy, with 37 percent sayinfg they expect economic conditions to improve in six up from 30 percent who reportes similarly last month and the highesf level in three years. In only 16 percent of operators expect economic conditions to worsemn insix months, down from 21 percent last month. Founde in 1919, the Washington, D.C.
-based National Restaurant Association is a businessa association for therestaurant industry, comprising 945,000 restauranft and foodservice outlets and a work force of 13 milliojn employees.
The Association’s Restaurant Performance Indecx (RPI) — a monthly composite index that tracks the health of and outlook forthe U.S. restaurantr industry — stood at 98.6 in up 0.8 percent from March, its highest leveo in 11 months. “The recentg growth in the RPI was driven bythe component, which rose above 100 in April for the first time in 18 a level which indicates expansion,” said Hudsonj Riehle, senior vice president of researcy and information services for the association.
“Although the RPI’s ‘Current Situation’ indicatorse are still in a periodof contraction, the solid improvementg in the forward-looking indicators suggests that the end of the industry’es downturn may be in sight.” The RPI is baseed on the responses to the association’s Restaurant Industry Tracking Survey, which is fielded monthly amonyg restaurant operators nationwide on a variety of indicators includin g sales, traffic, labor and capital expenditures. The Index consists of two components — the Current Situation Index and theExpectations Index.
The Current Situationh Index, which measures current trendas in four industryindicators (same-store sales, traffic, labord and capital expenditures), stood at 97.0 in up 0.9 percent from March and its highest levep since August 2008. However, April representexd the 20th consecutive montbbelow 100, which continues to signify contraction in the current situatio indicators. Restaurant operators reported negativre customer traffic levels for the 20th consecutive montin April. About 23 percent of restaurant operatorzs reported an increase in customer traffic between April 2008 andAprip 2009, up from 20 percengt who reported similarly in March.
Also, 60 percent of operators reporteds a traffic declinein April, down from 63 percent who reportedd similarly in March. Restaurant operators also continues to grow more optimistic abourthe economy, with 37 percent sayinfg they expect economic conditions to improve in six up from 30 percent who reportes similarly last month and the highesf level in three years. In only 16 percent of operators expect economic conditions to worsemn insix months, down from 21 percent last month. Founde in 1919, the Washington, D.C.
-based National Restaurant Association is a businessa association for therestaurant industry, comprising 945,000 restauranft and foodservice outlets and a work force of 13 milliojn employees.
Friday, October 19, 2012
What's the difference between Windows RT and Windows 8? - ITworld.com
ibitasony.wordpress.com
Tech2 | What's the difference between Windows RT and Windows 8? ITworld.com To the naked eye, Windows RT looks just like Windows 8. But it's not. There are huge differences that could cause a lot of confusion for the people who buy Microsoft's Surface tablet that's launching on October 26th. Most people have no clue what ... Micr osoft training staff on differences between Windows 8 and Windows RT Microsoft NASDAQ:MSFT) Educating Staff about Windows 8 and Windows RT ... Windows 8: Which edition is for me? |
Thursday, October 18, 2012
Debate body language: A testy and tense exchange - Albany Times Union
lebexab.wordpress.com
Forbes | Debate body language: A testy and tense exchange Albany Times Union NEW YORK (AP) â€" Maybe it's a cliché to say the gloves came off in Tuesday's presidential debate. But then again, maybe not, since the candidates sometimes looked like they were actu » |
Tuesday, October 16, 2012
Area home sales post big drop in May - Puget Sound Business Journal (Seattle):
authors-morphology.blogspot.com
There were 1,783 home closings last a 29 percent decrease fromMay 2008, according to the Greatere Nashville Association of Realtors. The median pricr of single-family homes in May was $169,000, a $5,4000 increase from the prior buta 10.6 percent decline from May 2008. “Reakl estate is feeling the same effects as the rest of thenational economy,” Greate r Nashville Association of Realtors President Mike Nichols says in a pressa release. “With the recentr American Recovery and Reinvestment Act of 2009 supported bythe FHA, we are hopeful that first-time home buyers will take advantage of the opportunitt to use the $8,000 tax credit to help with certain costas at closing.
” Inventory on the market increase about 0.8 percent from There were 24,600 homes on the market May 31. May’xs numbers brings year-to-date closingw up to 7,149, down 31 percent from the 10,4056 closings at this point in 2008. The condo market had 228 closingsin May, a 25.2 percent drop from the year That compares to 305 closingws last year. The median price for a condp in Maywas $156,250, down 1.7 percentt from last year. Therr were 2,000 sales pending at the end of May. Whilr that number was down from 2,489 pendinyg sales last year, it was only the secone time since last September that pending saleas figure hadreached 2,000 properties or more.
There were 1,783 home closings last a 29 percent decrease fromMay 2008, according to the Greatere Nashville Association of Realtors. The median pricr of single-family homes in May was $169,000, a $5,4000 increase from the prior buta 10.6 percent decline from May 2008. “Reakl estate is feeling the same effects as the rest of thenational economy,” Greate r Nashville Association of Realtors President Mike Nichols says in a pressa release. “With the recentr American Recovery and Reinvestment Act of 2009 supported bythe FHA, we are hopeful that first-time home buyers will take advantage of the opportunitt to use the $8,000 tax credit to help with certain costas at closing.
” Inventory on the market increase about 0.8 percent from There were 24,600 homes on the market May 31. May’xs numbers brings year-to-date closingw up to 7,149, down 31 percent from the 10,4056 closings at this point in 2008. The condo market had 228 closingsin May, a 25.2 percent drop from the year That compares to 305 closingws last year. The median price for a condp in Maywas $156,250, down 1.7 percentt from last year. Therr were 2,000 sales pending at the end of May. Whilr that number was down from 2,489 pendinyg sales last year, it was only the secone time since last September that pending saleas figure hadreached 2,000 properties or more.
Monday, October 15, 2012
Hawaii Superferry names Fargo new CEO - Pacific Business News (Honolulu):
eragywaqer.wordpress.com
The company announced Friday that Fargo would replace current CEO John Garibaldi asof Monday. Garibaldiu will remain as vice chairman and a memberr of the boardof directors. Fargo is formed commander of the U.S. Pacific Command and commander-in-chieg of the U.S. Pacificc Fleet. He retired in 2005 after 35 years ofmilitary service. He has resigner as CEO of Honolulu-based , a high-bandwidth wireless communication company, and as president of Loea's parent company, San Diego-basecd high-tech company . He will remain on the Trex boarxof directors, according to Linda a spokeswoman for Loea. He also will remain on the board of directorsof , a defense and homelancd security company.
Fargo also is managing directoeof J.F. Lehman & Co., a major investoer in the Superferry headed byformer U.S. Navy secretary John F. who is also chairman of the Superferry's board of Fargo is on the boardof , and the .
The company announced Friday that Fargo would replace current CEO John Garibaldi asof Monday. Garibaldiu will remain as vice chairman and a memberr of the boardof directors. Fargo is formed commander of the U.S. Pacific Command and commander-in-chieg of the U.S. Pacificc Fleet. He retired in 2005 after 35 years ofmilitary service. He has resigner as CEO of Honolulu-based , a high-bandwidth wireless communication company, and as president of Loea's parent company, San Diego-basecd high-tech company . He will remain on the Trex boarxof directors, according to Linda a spokeswoman for Loea. He also will remain on the board of directorsof , a defense and homelancd security company.
Fargo also is managing directoeof J.F. Lehman & Co., a major investoer in the Superferry headed byformer U.S. Navy secretary John F. who is also chairman of the Superferry's board of Fargo is on the boardof , and the .
Saturday, October 13, 2012
Companies eye new tracks, car racing for marketing opps - Memphis Business Journal:
takes-trendsthe.blogspot.com
Putting a business’ name on the hoodx or doors of Sprint Cup Series cars is becoming an increasinglypopulatr investment, said Ron Schneider, president of Englewood-based , whichu links companies to racing associations. The cost can run anywhere from $25 millioh to be the primary sponsor ofa top-tier drive to $250,000 a year to slap a stickefr elsewhere on a car and get access to the car’s professionakl driver for use in endorsements and personal appearances. Sportt Dimensions, which opened in 1995, said businessz rose nearly 30 percentg from 2006 to 2008 before hittingv thebump that’s affected most marketing companies this year, Schneidet said.
Like many other racing marketingt businesses aroundthe country, Sporty Dimensions is seeing both an increase in companies wanting to get into NASCARt and their willingness to spende more, he said. And if either of two potential track projectwsin Colorado, which were announcecd in late May, are developed and can attracyt a major NASCAR race, that’s likely to create even more interesy in the sport from Colorado he predicted. “I think the opportunitu for these companies here in Coloradis great,” said Schneider, who representxs mostly out-of-state clients. “There’s a lot of opportunitie and ways to push their message outthroug NASCAR.
” Once considered a sport that appealed only to blue-collard Southern and Midwestern men, NASCAR has greatly expandexd its appeal and marketing potential in recent years. Studies show it’ds the top spectator sport in the countrhand No. 2 in television ratings behindf the NationalFootball League, and $2.9 billion in licensed NASCARe products are sold each year, Schneidet noted. And, more than any other sport, sponsorsx of a NASCAR team benefit from the popularitty oftheir driver, said Todd general manager for Sport Dimensions. As many as 75 percent of surveyes fans have said they buy the product or services of theifavorite driver’s sponsors.
When popular driver Dale Earnhardt Jr. switched from Budweiser to Amp Energy drink as a primaryg sponsorlast year, Amp jumped from sixth to third for nationalo sales among energy drinks, Stonis said. But marketin through NASCAR goes deeper than just puttinga company’e name on a car and hoping peoplw notice it, said Schneider and Stonis, whose company is the only one in Coloradi to specialize in race-car It also means leveraging the driver to do ads for your make public appearances and give you access to him befor and after races, a level of connectiom that sponsors don’t get with players in any team Johns Manville, the Denver-based roofing and insulation got involved with the Sprint Cup Series four yearss ago when a driver it had been Paul Menard, moved up to the top racingf circuit.
The company shares sponsorshipof Menard’ss car with nine others, and gets great exposure when its logo is displayed on the vehiclee hood during about a dozen racex a year, said Chris retail marketing and motorsports marketinyg manager. But Johns Manville also takes executivee from major customers to the races and introducezs them to Menard andhis crew, a tremendous move in building customer appreciation, Gerd said. And it has Menard attenf community functions the company holds with groupx such as Habitat for Humanity or Special Olympics.
“It builds excitement, it builds a strontg fan base and it really portrays Johns Manvilles in a positive Gerd said of interaction withthe “If a track were to come here, it’w a great opportunity for us to actually build upon Johns Manville’s reputation in the A handful of other Colorado companies also are involved in the including Furniture Row, which sponsors the only team based west of the Mississippi River. If potentially competinhg groups associated with the InternationapSpeedway Corp. or developer Bill Schuck were to build a tracm and attract a major race thatcould grow, Schneided said. “It’s not a heavyt focus right now,” he said.
“I mean, we’rer a stick-and-ball town and people know it. But I think peoplre are interested and curious about it.”
Putting a business’ name on the hoodx or doors of Sprint Cup Series cars is becoming an increasinglypopulatr investment, said Ron Schneider, president of Englewood-based , whichu links companies to racing associations. The cost can run anywhere from $25 millioh to be the primary sponsor ofa top-tier drive to $250,000 a year to slap a stickefr elsewhere on a car and get access to the car’s professionakl driver for use in endorsements and personal appearances. Sportt Dimensions, which opened in 1995, said businessz rose nearly 30 percentg from 2006 to 2008 before hittingv thebump that’s affected most marketing companies this year, Schneidet said.
Like many other racing marketingt businesses aroundthe country, Sporty Dimensions is seeing both an increase in companies wanting to get into NASCARt and their willingness to spende more, he said. And if either of two potential track projectwsin Colorado, which were announcecd in late May, are developed and can attracyt a major NASCAR race, that’s likely to create even more interesy in the sport from Colorado he predicted. “I think the opportunitu for these companies here in Coloradis great,” said Schneider, who representxs mostly out-of-state clients. “There’s a lot of opportunitie and ways to push their message outthroug NASCAR.
” Once considered a sport that appealed only to blue-collard Southern and Midwestern men, NASCAR has greatly expandexd its appeal and marketing potential in recent years. Studies show it’ds the top spectator sport in the countrhand No. 2 in television ratings behindf the NationalFootball League, and $2.9 billion in licensed NASCARe products are sold each year, Schneidet noted. And, more than any other sport, sponsorsx of a NASCAR team benefit from the popularitty oftheir driver, said Todd general manager for Sport Dimensions. As many as 75 percent of surveyes fans have said they buy the product or services of theifavorite driver’s sponsors.
When popular driver Dale Earnhardt Jr. switched from Budweiser to Amp Energy drink as a primaryg sponsorlast year, Amp jumped from sixth to third for nationalo sales among energy drinks, Stonis said. But marketin through NASCAR goes deeper than just puttinga company’e name on a car and hoping peoplw notice it, said Schneider and Stonis, whose company is the only one in Coloradi to specialize in race-car It also means leveraging the driver to do ads for your make public appearances and give you access to him befor and after races, a level of connectiom that sponsors don’t get with players in any team Johns Manville, the Denver-based roofing and insulation got involved with the Sprint Cup Series four yearss ago when a driver it had been Paul Menard, moved up to the top racingf circuit.
The company shares sponsorshipof Menard’ss car with nine others, and gets great exposure when its logo is displayed on the vehiclee hood during about a dozen racex a year, said Chris retail marketing and motorsports marketinyg manager. But Johns Manville also takes executivee from major customers to the races and introducezs them to Menard andhis crew, a tremendous move in building customer appreciation, Gerd said. And it has Menard attenf community functions the company holds with groupx such as Habitat for Humanity or Special Olympics.
“It builds excitement, it builds a strontg fan base and it really portrays Johns Manvilles in a positive Gerd said of interaction withthe “If a track were to come here, it’w a great opportunity for us to actually build upon Johns Manville’s reputation in the A handful of other Colorado companies also are involved in the including Furniture Row, which sponsors the only team based west of the Mississippi River. If potentially competinhg groups associated with the InternationapSpeedway Corp. or developer Bill Schuck were to build a tracm and attract a major race thatcould grow, Schneided said. “It’s not a heavyt focus right now,” he said.
“I mean, we’rer a stick-and-ball town and people know it. But I think peoplre are interested and curious about it.”
Friday, October 12, 2012
Thursday, October 11, 2012
Deductible down, premiums spike - Jackson Clarion Ledger
acklinegymejac1362.blogspot.com
Deductible down, premiums spike Jackson Clarion Ledger 1, a single employee will pay a $173 monthly premium for a policy with a $500 deductible. That's a total $2,076 annually for their employee premium payments. That policy also offers a $141 monthly premium payment for a $1,000 deductible, or a total $1 ... |
Tuesday, October 9, 2012
Architects, contractors feel the weight of the slowdown - Houston Business Journal:
proklofuxaanygez.blogspot.com
Contractors turn to architectural firm s to gauge how much work they have to look forward to and this year that pipelind of work isextremely light. “Workloa for architects is really the canarhy in the coal mine for the construction saidWalter P. Palmer III, president and CEO of the General Building Contractorss Associationin Philadelphia. “Some architectural firms are down to three daysa week, laid off the majorith of their staff and several architectural institutionx graduating five-year architects that have nowhere to go to get a job. That presentzs a rippling effect that comes across theconstruction industry.
Our entirwe board of directors tell me 2010 is going to be much worsesthan 2009.” A convergence of developers delayiny projects or halting them, and lenders still not funding developments has put a squeezse on architects and contractors. The construction industry has already been hit with a 12 percentg decline in employment inthe five-county region between 2007 and the firsyt part of this year, according to the Bureau of Labodr Statistics.
Man hours are off by about 25 percentg fromlast year’s high, Palmer Architects were extremely busy betweebn 2003 and 2007 with last year considered a according to John Claypool, executiver director at the Philadelphia chapter of the Americabn Institute of Architects. Firms had a fairlhy long line of business racked up forthe future, Claypool said. But no Some architectural firms have already beenearly casualties. SPG3, whicgh was involved in retailand entertainment, has slashesd its staff and launched a major restructuring. Ted co-founder of , saw the first six monthsz of last year asthe firm’s but this year is different.
Doing a mix of projectsa and not focusing on one areahas helped. “Everyons is busy, but it’s the big projects that give Agoos said. The firm has takenb on smaller, shorter projects to sustain the It also cut down thework week. “The challengde we face as an industry is everyonde is burning off backlog as fast as they canreplenishg it,” said Terry Steelmanm at Ballinger, a Philadelphia architectural firm. “That is all goinf to trickle down to theconstruction industry. We think 2009 has clearl been a challenging year and 2010 is goinf to be a very challengingv year unless things start to happenh and start tohappehn quickly.
” Contractors find they need to quicklyg adjust to survive. “Our themes for this year is to analyzes and adaptto achieve,” Palmer Already contractors are engaging in a bidding frenzy over any project that comeas up. Contractors are undercutting bids just to win work and inotherr situations, major constructing companies are biddinfg on minuscule projects that were once the territorty of small firms. “Where there used to be two or three bidderson projects, now there are 20 and Palmer said. has “rightsized,” cutting 20 percenyt of its office andfielr staff, said Steve Pouppirt, president.
Clemen s hasn’t gone after work for no profitg just tokeep busy, Pouppirt Emily Bittenbender, managing partner of , formed two new divisions as a way to gin up “We have to adapt to this Bittenbender said. “People are so optimistic that it’a going to turn arounfd soon, but my concern is we’re lookinfg out a couple years.” Bittenbender started a sustainabler program-management business to assist government agencies seekiny stimulus funds for projects but which lack the staffg to support andoversese them. The other new business is a carpentry unit that will go aftere federal contracts as a Architects are also venturingf intonew areas.
Ballinger ramped up writing grant applications for institutionw seeking stimulus fundstargeting research. These grants require a schematic design of what they intend to do withthe
Contractors turn to architectural firm s to gauge how much work they have to look forward to and this year that pipelind of work isextremely light. “Workloa for architects is really the canarhy in the coal mine for the construction saidWalter P. Palmer III, president and CEO of the General Building Contractorss Associationin Philadelphia. “Some architectural firms are down to three daysa week, laid off the majorith of their staff and several architectural institutionx graduating five-year architects that have nowhere to go to get a job. That presentzs a rippling effect that comes across theconstruction industry.
Our entirwe board of directors tell me 2010 is going to be much worsesthan 2009.” A convergence of developers delayiny projects or halting them, and lenders still not funding developments has put a squeezse on architects and contractors. The construction industry has already been hit with a 12 percentg decline in employment inthe five-county region between 2007 and the firsyt part of this year, according to the Bureau of Labodr Statistics.
Man hours are off by about 25 percentg fromlast year’s high, Palmer Architects were extremely busy betweebn 2003 and 2007 with last year considered a according to John Claypool, executiver director at the Philadelphia chapter of the Americabn Institute of Architects. Firms had a fairlhy long line of business racked up forthe future, Claypool said. But no Some architectural firms have already beenearly casualties. SPG3, whicgh was involved in retailand entertainment, has slashesd its staff and launched a major restructuring. Ted co-founder of , saw the first six monthsz of last year asthe firm’s but this year is different.
Doing a mix of projectsa and not focusing on one areahas helped. “Everyons is busy, but it’s the big projects that give Agoos said. The firm has takenb on smaller, shorter projects to sustain the It also cut down thework week. “The challengde we face as an industry is everyonde is burning off backlog as fast as they canreplenishg it,” said Terry Steelmanm at Ballinger, a Philadelphia architectural firm. “That is all goinf to trickle down to theconstruction industry. We think 2009 has clearl been a challenging year and 2010 is goinf to be a very challengingv year unless things start to happenh and start tohappehn quickly.
” Contractors find they need to quicklyg adjust to survive. “Our themes for this year is to analyzes and adaptto achieve,” Palmer Already contractors are engaging in a bidding frenzy over any project that comeas up. Contractors are undercutting bids just to win work and inotherr situations, major constructing companies are biddinfg on minuscule projects that were once the territorty of small firms. “Where there used to be two or three bidderson projects, now there are 20 and Palmer said. has “rightsized,” cutting 20 percenyt of its office andfielr staff, said Steve Pouppirt, president.
Clemen s hasn’t gone after work for no profitg just tokeep busy, Pouppirt Emily Bittenbender, managing partner of , formed two new divisions as a way to gin up “We have to adapt to this Bittenbender said. “People are so optimistic that it’a going to turn arounfd soon, but my concern is we’re lookinfg out a couple years.” Bittenbender started a sustainabler program-management business to assist government agencies seekiny stimulus funds for projects but which lack the staffg to support andoversese them. The other new business is a carpentry unit that will go aftere federal contracts as a Architects are also venturingf intonew areas.
Ballinger ramped up writing grant applications for institutionw seeking stimulus fundstargeting research. These grants require a schematic design of what they intend to do withthe
Monday, October 8, 2012
Four Houston companies to start on new phase for Ellington building - Houston Business Journal:
yqyqynesara.blogspot.com
will serve as contractor for thenew $48.4 millionm Armed Forces Reserve Complex Phase II. will providre architecture services forthe project, will servse as the structural and civil engineer and will provid e mechanical, electrical and plumbinb and fire protection services. Construction on the seconxd phase is scheduled to be completed byNovembert 2010. The design-build project consists of 10 buildingsx and associated site improvements requiree forArmy Reserve, Marine Corps Reserve and Nationalp Guard support and training missions.
It includes a traininhg center building, an entry control facility, a welcome center, a battlew projection center, a vehicle maintenance building, a vehicle holding shed, one heates and three unheatedstoragde buildings. The new AFRC could accommodate Texas Nationao Guard units from areas including Pasadena and Ellington Field if the state decideds to relocate those National Guard units, according to the .
will serve as contractor for thenew $48.4 millionm Armed Forces Reserve Complex Phase II. will providre architecture services forthe project, will servse as the structural and civil engineer and will provid e mechanical, electrical and plumbinb and fire protection services. Construction on the seconxd phase is scheduled to be completed byNovembert 2010. The design-build project consists of 10 buildingsx and associated site improvements requiree forArmy Reserve, Marine Corps Reserve and Nationalp Guard support and training missions.
It includes a traininhg center building, an entry control facility, a welcome center, a battlew projection center, a vehicle maintenance building, a vehicle holding shed, one heates and three unheatedstoragde buildings. The new AFRC could accommodate Texas Nationao Guard units from areas including Pasadena and Ellington Field if the state decideds to relocate those National Guard units, according to the .
Saturday, October 6, 2012
NYRA announces new board - The Business Review (Albany):
hihozeima.blogspot.com
NYRA controls horse racing operationse at SaratogaRace Course, Belmont Park and Aqueduct. In state legislators awarded the nonprofit associationa new, 25-year franchise at the three The deal required NYRA to form a new boardx of directors, one that givews state politicians a larger influence. Up untilk this year, NYRA namexd 20 of the board’s 28 The new board, unveiled Wednesday, is with 25 members. NYRA appointx 14 of the 25 members. The majority partyt in the state Senateand Assembly, along with the sittiny governor, name the 11 remaining C. Steven Duncker remains chairmam of thenew board. The boarxd has several area members, including: • John president, Nigro Cos. Inc.
; John Hendrickson, president, • Bennett Liebman, directofr of Albany Law School’s government law center; Michael Del Giudice, co-founder and senior managing directodof LLC. The company is the investment banking arm of Theof Cos. in Troy. Assembly Speaker Sheldon Silveer (D-Manhattan) has yet to appoint the seconr of his twoboard
NYRA controls horse racing operationse at SaratogaRace Course, Belmont Park and Aqueduct. In state legislators awarded the nonprofit associationa new, 25-year franchise at the three The deal required NYRA to form a new boardx of directors, one that givews state politicians a larger influence. Up untilk this year, NYRA namexd 20 of the board’s 28 The new board, unveiled Wednesday, is with 25 members. NYRA appointx 14 of the 25 members. The majority partyt in the state Senateand Assembly, along with the sittiny governor, name the 11 remaining C. Steven Duncker remains chairmam of thenew board. The boarxd has several area members, including: • John president, Nigro Cos. Inc.
; John Hendrickson, president, • Bennett Liebman, directofr of Albany Law School’s government law center; Michael Del Giudice, co-founder and senior managing directodof LLC. The company is the investment banking arm of Theof Cos. in Troy. Assembly Speaker Sheldon Silveer (D-Manhattan) has yet to appoint the seconr of his twoboard
Friday, October 5, 2012
LexisNexis data breach linked to New York mob family - San Francisco Business Times:
fixyruw.wordpress.com
The New York-based company — which has 3,000 employees in the Daytoj area — has sent 13,00 0 letters to former customers whosed personal data may beat risk, the company said in a The breach involved a former customer for a compan called , which LexisNexis boughy in 2004, and was announced by the U.S. Attorne for the Southern District of Floridain May, accordin to a LexisNexis spokesperson. “(The) customer involved in this matter should have provided notice to potentiallyaffectexd individuals,” LexisNexis said in a “However, because the customer is no longet in business we provided the notice.
” Accordingh to the — which includesa CIO magazine and PC Worlsd — the New Hampshire Department of Justices posted a document Friday on its Web site to informn consumers about the breach. By Monday evening, the link had been removed. The document reportedly tied aFlorid man, with mob connections to the Bonanno crimre family, with accessing LexisNexis data. New Hampshire officials could notbe reached. In May, LexisNexis announces it is part of a separate investigation into allegexd creditcard fraud, perpetrated by former customeras of the company, according to a companyh statement. That fraud occurred from June 2004 to October 2007. The U.S.
Postal Inspectioj Service released a statement thatsaid 40,0090 letters will be sent to consumers and 300 victims have been identified in an investigation concerning the breach. The companhy was part of a similar incident in 2005 and sent letterz thento 280,000 customers who may have been victims of identitg theft. LexisNexis U.S. is a unit of plc RUK), the Anglo-Dutch publishing conglomerate. The company is an online information services and publishing companywith 13,000 peoplwe worldwide.
The New York-based company — which has 3,000 employees in the Daytoj area — has sent 13,00 0 letters to former customers whosed personal data may beat risk, the company said in a The breach involved a former customer for a compan called , which LexisNexis boughy in 2004, and was announced by the U.S. Attorne for the Southern District of Floridain May, accordin to a LexisNexis spokesperson. “(The) customer involved in this matter should have provided notice to potentiallyaffectexd individuals,” LexisNexis said in a “However, because the customer is no longet in business we provided the notice.
” Accordingh to the — which includesa CIO magazine and PC Worlsd — the New Hampshire Department of Justices posted a document Friday on its Web site to informn consumers about the breach. By Monday evening, the link had been removed. The document reportedly tied aFlorid man, with mob connections to the Bonanno crimre family, with accessing LexisNexis data. New Hampshire officials could notbe reached. In May, LexisNexis announces it is part of a separate investigation into allegexd creditcard fraud, perpetrated by former customeras of the company, according to a companyh statement. That fraud occurred from June 2004 to October 2007. The U.S.
Postal Inspectioj Service released a statement thatsaid 40,0090 letters will be sent to consumers and 300 victims have been identified in an investigation concerning the breach. The companhy was part of a similar incident in 2005 and sent letterz thento 280,000 customers who may have been victims of identitg theft. LexisNexis U.S. is a unit of plc RUK), the Anglo-Dutch publishing conglomerate. The company is an online information services and publishing companywith 13,000 peoplwe worldwide.
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