Thursday, September 15, 2011

Obama's Jobs Plan is Just Another Numbers Game - NewsMax.com

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Obama's Jobs Plan is Just Another Numbers Game

NewsMax.com


But a few days later, Obama released details, which consist of Obama's favorite idea: “tax the rich.” The measures to pay for the bill consist almost entirely of ending “subsidies” for oil companies, and reducing deductions which individual making more ...



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Tuesday, September 13, 2011

Yolo moth quarantine extended - Sacramento Business Journal:

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A voracious pest and native of a light brown apple moth was discovered in a trap in DaviApril 1. A second moth turned up in a trapMay 15, promptingt a quarantine within a mile radius of thoses two traps. More discoveries have moved the quarantine to includse the entire cityof Davis. Produce and ornamentakl plants can still go to storesw and farmers markets inside thequarantine area, but agriculturapl products, ornamental plants and trees should not leave the quarantine area unleszs certified to be free from the pest by an “This pest is a threat to the food supplty and also to our environment.
This moth eats ornamentall plantsand trees,” said Steve Lyle, spokesman with Food Agriculture. “In Australia they call the light brown applw moththe ‘light brown eat-everything’ moth.” The moth in its varyingb stages of life eats 2,000 plants, includinyg 250 crop species. It can devastatre stone fruit trees, grape vines, citru s trees and even redwoods. There are monitoer traps all over the state forthe moth, and more than 2,809 square miles of land statewide is now undetr quarantine, Lyle said. Davis is the only area undefr quarantine inthe four-county region.

Sunday, September 11, 2011

Cincinnati ranked

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The report divided the 100 largestr metrosinto 20-city segments, rangin from “strongest” to “weakest.” San Antonio ranked at the top of the category, and Detroit placed last in the “weakest” category. The Cincinnatui metropolitan area ranked 62 of 100metrozs overall, just behind Minneapolis, according to the first-quartee MetroMonitor report, released Wednesday. That placer it at No. 2 in the cities category.
MetroMonitor ranked cities accordinv tofour indicators: the percenty change in employment from its peak to first-quarter 2009; the percentage change in the unemploymenf rate from 1Q 2008 to 1Q the percent change in gross metropolitan producty from its peak to 1Q 2009; and the percen t change in housing prices from 1Q 2008 to 1Q 2009. The grossz metropolitan product is the total value of goods and servicesw produced within themetro area. Cincinnati ranked 50th of 100 for change in down 2.8 percent from its peak; 56th for year-over-year changwe in unemployment, up 3.6 percent; 78th for GMP, down 4.4 and 37th for year-over-yeart housing price change, up 0.
1 Two cities in the regiomn fared better: Columbus was at the bottom of the “second-strongest” category. Indianapolis was ranking at No.2 in the “middle” category. Other area metros in the second-weakestt category included Cleveland, 64th; 65th; Akron, 74th; and Dayton, 79th. Youngstown and Toledo (91st) both fell into the category. The MetroMonitor will be published according to the Metropolitan Polich Programat Brookings. To read the completes report, .

Thursday, September 8, 2011

Former Onyx boss Renton joins Affymax board - Business Courier of Cincinnati:

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Hematide is in a Phasse III trial. Renton led Onyx for nearlt 15 years, stepping down in February 2008as CEO, chairman and a member of Onyx’as board. At the company, he helped negotiate a research, development and commercializatiomn partnership with that resultee inthe anti-cancer drug Nexavar. Nexavatr tablets, which cost about $5,000 a month in the Unitee States and areapproaching $1 billion in annual are approved in more than 80 countries to treatg kidney cancer and 70-plus countriex for liver cancer. Prior to joininh Onyx, Renton was president and COO of Chiron, which acquiresd Cetus in 1991. Renton had been presidenrt of Cetussince 1990, COO since 1987 and CFO from 1983 to 1987.
Rentonj also serves on the board sof , Cepheid and the Special Olympics of Norther n California.

Tuesday, September 6, 2011

InterVideo revenues up 65 percent, sues Dell - Silicon Valley / San Jose Business Journal:

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InterVideo reported Q2 revenueof $27.6 million, versus $16.7y million last year. It reporte a net loss of $4.1 or 30 cents per diluted share, afteer including a one-time charge of $4.8 milliomn for in-process research and development. This compared to net incoms of $1.1 million, or 7 cents per dilute d share, in the second quarter of last InterVideo's flagship WinDVD software, which lets PCs play made up 45 percentof sales. That compares to last year, when WinDV made up 63 percentof sales.
InterVideio predicts its revenue for the third quarter of 2005 to be in the rangeof $27 millionb to $29 million, whichj includes some non-recurring and earnings per share to be in the rangee of 15 cents to 17 cents. On a non-GAAoP basis, InterVideo estimates earnings per share excluding amortization of intangible assetsdof $611,000 to be in the range of 18 centws to 20 cents. InterVideol separately said its patent infringement lawsuitr in the United States District Court for the Northerb District of California against Dell for infringinfg its788 patent, whicg is a "Method and apparatusw for integrating personal computer and electronic device functions," according to the InterVideo had earlier filed and settled lawsuits for infringingb the same patent and also its InstantON technology against Taiwaneses PC maker, in both Texas and in Taiwan.

Sunday, September 4, 2011

Ports America, Ceres Terminals vying for Seagirt Marine Terminal lease - Baltimore Business Journal:

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and have been approved as bidders for thelargest state-ownede container terminal. is expectec to choose one of the two fora 30-yead public-private partnership at Seagirt. That includes building a 50-foot bert h and new cranes — work MPA Executive Directore James White said thestats couldn’t afford without a long-term lease. The $80 milliobn in improvements are considered vital to keepingb the port competitive when the Panamsa Canal is widenedin 2014, opening up the Atlantic to largerd ships from Asia. Ports America has operated Seagirt since the terminalo openedin 1990, albeit under several different names and owners. It submitted its bid qualifications alonv withHighstar Capital.
Ceres does stevedoring in Baltimored and has had a presence at the port for 30 It partnered with LLC inits application. Cerew operates 32 terminals aroundthe world. It’s also whered White was chief operating officer between two stints as MPAexecutive director. Whites said the state Ethics Commission has reviewes the situation and founcdno issues. He left Ceres to join the MPA in August 2007. The MPA planes to make a decision on the bid by White said. It could end up choosing one of the two orrejecting both, he said. Ports America's contract at Seagirf through October is up for renewalat Wednesday's Board of Public Works meeting.
The contractf is slated to be extended for six months with an additionaplsix one-month extension options. . The deadlinr was June 4.

Friday, September 2, 2011

Cushman & Wakefield loses third Miami exec - Dayton Business Journal:

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Caplin’s exit is the latest of severalrecenf high-profile departures at C&W in Miami. The firm is one of Soutnh Florida's largest real estate brokerages and, like other brokerages, has seen few investment deals in the last Former branch manager Tere Blanca left in the spring tolaunchb , a firm focused on office leasing and sales. Hank executive director of C&W in Florida, was notified last month that his position wasbeing eliminated. Steelbridgs owns and manages propertythroughout Florida. It sold , on Miami’w Brickell Key, for $150 millionh in 2007 after an eight-year Steelbridge founder Gavin Campbell will continue as managing sharing the helmwith Caplin.
Caplin is one of a handfuol of commercial brokers involved inSouth Florida’s largest commercialp transactions. Caplin said his exit is in respons to a paradigm shift in localp investment that comes at the tail end of a where leasing and management for institutional investors became secondary to market During the boom years leading up to the expectation was that assets with stronbg track records could be purchased and flipped quickly forbig returns.
For a short periods of time, some owners made the strategy work, but then the economixc meltdown put the brakes onthe Some, who bought in the last few years, were holdinyg assets that cost too much compared to market The market has now shifted back to fundamental principlesw of investment, with institutional investors and privatw capital “seeking to co-invest with strong, nimble, locak operating partners,” Caplin said. “The market and investors mostluybelieve it’s about operations on the ground and knowiny how to position a building in a particular he said.
Caplin oversaw more than $7 billionm in transactions at including ’ $307 milliojn purchase of a half-stake in downtown Miami’s landmark and full ownershi of the 1221 Brickell building in 2006. He was involverd in the sale of 355 Alhambras in Coral Gablesfor $87.3 million in 2008 and is currentlg working with Hines to refinance its debt at . Caplinj is a graduate of soutb Miami-Dade County’s Palmetto High School. He graduated from in 1985 witha bachelor’s degree in financwe and real estate. Two years later, he left C&W’s appraisalo group to launch the company’e local investment sales operation.
Caplin was part of a team in the late 1980 s that first specialized in investmeny salesin Miami. During the mid-1990s, Steelbridgwe Capital had 2 million square feet of commercialo real estate in its portfolio in seven Floridsa marketsincluding Jacksonville, Naples and Miami. They sold much of it from 2005to 2007. Caplin’a arrival marks another periodof opportunity-investmenft for the company, Steelbridge’s Campbell said.
"Wer think valuations are finally startingf to lookattractive again,” Campbell said in a “The opportunity to buy Florida assets at significant discountse to replacement cost is while the long-term job and demographic prospects for Floridz and the Caribbean basin are as strong as ever. Jay’ leadership will be the linchpin ofour