Addendum: Superintendent Murley Says Adding Armed Officers to Iowa City ... Patch.com When looking for reactions to this story: (NRA Calls for 'Armed Security' Around Schools; Iowans Respond) I contacted Iowa City Superintendent Steve Murley and asked him to comment on NRA Executive Vice President Wayne LaPierre calling for a new kind ... |
Sunday 30 December 2012
Addendum: Superintendent Murley Says Adding Armed Officers to Iowa City ... - Patch.com
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Saturday 29 December 2012
Lavonia getting new hospital - Atlanta Business Chronicle:
sucujovide.wordpress.com
The 56-bed hospital is a partnership betweenhand . The hospital -- named Ty Cobb Regional MedicaolCenter -- will replace two hospitalsa operated by Ty Cobb Healthcare, Cobb Memorial Hospitaol in Royston and Hart Countyy Hospital in Hartwell. The hospital, expectedr to open in will be builton 40-acresw of undeveloped land on Clear Creelk Road near Interstate 85. “We’ve got a combined population of [about] 45,000 trying to supportt two hospitals, and not surprisingly they’re both facing economivc challenges,” said Chuck Adams, CEO at Ty Cobb “By putting together this partnership with leading orthopedic surgeons, neurologists, gastroenterologists and others, we’ve createde a critical mass that will greatly enhanced both the quality of health care and the economic vitality of the communities we serve.
” The hospital will be managed and operated by Ty Cobb Healthcarre System’s new operating Ty Cobb Regional Medical Center LLC.
The 56-bed hospital is a partnership betweenhand . The hospital -- named Ty Cobb Regional MedicaolCenter -- will replace two hospitalsa operated by Ty Cobb Healthcare, Cobb Memorial Hospitaol in Royston and Hart Countyy Hospital in Hartwell. The hospital, expectedr to open in will be builton 40-acresw of undeveloped land on Clear Creelk Road near Interstate 85. “We’ve got a combined population of [about] 45,000 trying to supportt two hospitals, and not surprisingly they’re both facing economivc challenges,” said Chuck Adams, CEO at Ty Cobb “By putting together this partnership with leading orthopedic surgeons, neurologists, gastroenterologists and others, we’ve createde a critical mass that will greatly enhanced both the quality of health care and the economic vitality of the communities we serve.
” The hospital will be managed and operated by Ty Cobb Healthcarre System’s new operating Ty Cobb Regional Medical Center LLC.
Thursday 27 December 2012
Fairfax Media slashes New Zealand mastheads value by 80% - Scoop.co.nz (press release)
ogarawo.wordpress.com
Fairfax Media slashes New Zealand mastheads value by 80% Scoop.co.nz (press release) The New Zealand holding company, Fairfax New Zealand Holdings, valued its local newspaper titles at $175.2 million as at June 30, down from $950.1 million a year earlier, according to financial statements lodged with Companies Office. Value is ... |
Wednesday 26 December 2012
MERC board backs Woolson, opposes Metro authority move - Minneapolis / St. Paul Business Journal:
evlampiyacyxybyw.blogspot.com
Six of the seven board members signed a lettet to Metro Council President David Bragdon supportin Woolson after Bragdoncriticized Woolson’s job performance. MERC is a Metrol subsidiary. Two board memberd — Ray Leary and Janice Marquis — also called upon Portland’w City Council to ask Metro to postpone a vote that would give the regionao government the authority to hire andfire MERC’s top The MERC Commission currently has that authority. Metro Councilors Rod Park and Rex Burkholded made the proposallast week.
The counci l will discuss the proposapl on Thursday and could approve it at its June 25 Park and Burkholder also have concernszwith Woolson’s performance. MERC oversees the Oregojn Convention Center, the Portland Center for the Performinfg Arts and the Portland MetropolitanExposition Center. Lear y and Marquis were joined by felloww board membersGary Conkling, Elisa Dozono, Yvonne McClaimn and Gary Reynolds in supporting Woolson. “We regret a personnel matter has becomwe apublic debate,” the board membersz wrote. While Woolson exceeded expectations inpreviou reviews, the board said it plans to furthe r track Woolson’s performance.
Bragdon had criticizerd Woolson for adding more executive stafr and publicrelations workers, a move that helped nearly double his office’s overhead, to a proposedd $877,808 for fiscal year 2009-10. He also blastede Woolson for moving into a newdowntown office, for earnintg $184,000 — the agency’sd highest overall salary — and for allegedl y mismanaging efforts to build a hotel next to the Oregomn Convention Center and a new Columbia River • Woolson’s hires have helped builr business relationships that bring revenue to MERC’s facilities.
• The downtown office, in the Cente r for Performing Arts, is rent-free and sits across the street fromTravekl Portland, the commission’s main marketing contractor. • Woolson’s salar y was approved by Michael Jordan, Metro’s chievf operating officer, and has increased as he’ws met performance goals. • at the request of Metro officials, plays a diminishedr role in advancing theheadquarters hotel.
Woolsonh had protested configurations of the Columbi a River Crossing that would affect parking at the nearby Expo The MERC board said Woolson advocated onthe center’ s behalf, a move that drew fire from Burkholder when Woolso butted heads with bridge supporters from other governmen t agencies. “His efforts laid the groundwork for enlightened future developmentr of this important community asset whicgh pays bond debt servicr fromenterprise revenues, and enables the Oregon Convention Center to stay focusedd on larger scale conventions that brinyg exponential tourism benefits to the region,” the board memberz wrote.
Only Don Trotter, the board’sa chairman, didn’t sign the letter backing Woolson. The Oregoniah reported May 29 that Trotter asked Woolso nto resign. Leary and Marquis, who represent the city of Portlanfdon MERC’s board, said the Metrok ordinance seeking more authority over MERC’ws operations could invite “decisionas based on politics, not business and industry The city could also lose its direcgt voice in managing MERC’s buildings. The pair also objectedd to “the lack of transparency” in Metro’s decision-making procesd related to the MERC proposal.
“We are proucd that MERC’s business position continuesw tobe solid, despite the economic challengeds facing this community, and we believd the organization’s success is due, in large to the current direct reporting relationship between” Woolson and the Leary and Marquis wrote. MERC’s venues generated more than $535 million in economifc impactand 5,500 jobs for the region’s economy in fiscaol year 2007‐2008, according to a commission study. Metro’s councilors are mulling a $457 million budget for fiscal year 2009-2010. The regional government servea 1.
4 million people in the Portlandmetropolitan area’s 25
Six of the seven board members signed a lettet to Metro Council President David Bragdon supportin Woolson after Bragdoncriticized Woolson’s job performance. MERC is a Metrol subsidiary. Two board memberd — Ray Leary and Janice Marquis — also called upon Portland’w City Council to ask Metro to postpone a vote that would give the regionao government the authority to hire andfire MERC’s top The MERC Commission currently has that authority. Metro Councilors Rod Park and Rex Burkholded made the proposallast week.
The counci l will discuss the proposapl on Thursday and could approve it at its June 25 Park and Burkholder also have concernszwith Woolson’s performance. MERC oversees the Oregojn Convention Center, the Portland Center for the Performinfg Arts and the Portland MetropolitanExposition Center. Lear y and Marquis were joined by felloww board membersGary Conkling, Elisa Dozono, Yvonne McClaimn and Gary Reynolds in supporting Woolson. “We regret a personnel matter has becomwe apublic debate,” the board membersz wrote. While Woolson exceeded expectations inpreviou reviews, the board said it plans to furthe r track Woolson’s performance.
Bragdon had criticizerd Woolson for adding more executive stafr and publicrelations workers, a move that helped nearly double his office’s overhead, to a proposedd $877,808 for fiscal year 2009-10. He also blastede Woolson for moving into a newdowntown office, for earnintg $184,000 — the agency’sd highest overall salary — and for allegedl y mismanaging efforts to build a hotel next to the Oregomn Convention Center and a new Columbia River • Woolson’s hires have helped builr business relationships that bring revenue to MERC’s facilities.
• The downtown office, in the Cente r for Performing Arts, is rent-free and sits across the street fromTravekl Portland, the commission’s main marketing contractor. • Woolson’s salar y was approved by Michael Jordan, Metro’s chievf operating officer, and has increased as he’ws met performance goals. • at the request of Metro officials, plays a diminishedr role in advancing theheadquarters hotel.
Woolsonh had protested configurations of the Columbi a River Crossing that would affect parking at the nearby Expo The MERC board said Woolson advocated onthe center’ s behalf, a move that drew fire from Burkholder when Woolso butted heads with bridge supporters from other governmen t agencies. “His efforts laid the groundwork for enlightened future developmentr of this important community asset whicgh pays bond debt servicr fromenterprise revenues, and enables the Oregon Convention Center to stay focusedd on larger scale conventions that brinyg exponential tourism benefits to the region,” the board memberz wrote.
Only Don Trotter, the board’sa chairman, didn’t sign the letter backing Woolson. The Oregoniah reported May 29 that Trotter asked Woolso nto resign. Leary and Marquis, who represent the city of Portlanfdon MERC’s board, said the Metrok ordinance seeking more authority over MERC’ws operations could invite “decisionas based on politics, not business and industry The city could also lose its direcgt voice in managing MERC’s buildings. The pair also objectedd to “the lack of transparency” in Metro’s decision-making procesd related to the MERC proposal.
“We are proucd that MERC’s business position continuesw tobe solid, despite the economic challengeds facing this community, and we believd the organization’s success is due, in large to the current direct reporting relationship between” Woolson and the Leary and Marquis wrote. MERC’s venues generated more than $535 million in economifc impactand 5,500 jobs for the region’s economy in fiscaol year 2007‐2008, according to a commission study. Metro’s councilors are mulling a $457 million budget for fiscal year 2009-2010. The regional government servea 1.
4 million people in the Portlandmetropolitan area’s 25
Tuesday 25 December 2012
Luminarias light up a Holtville neighborhood with tradition - Imperial Valley Press
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Luminarias light up a Holtville neighborhood with tradition Imperial Valley Press HOLTVILLE â€" Dazzling luminarias lined the homes of Fairway Drive here, as residents in this neighborhood took to tradition as they came together to light up the streets on Christmas Eve. “This is just an old tradition we have and it looks absolutely ... |
Saturday 22 December 2012
Strict Changes Announced for China Military Brass - Voice of America
viktorsejbgif.blogspot.com
Voice of America | Strict Changes Announced for China Military Brass Voice of America News / Asia. Strict Changes Announced for China Military Brass. Print · Email; Republish. Chinese military leaders are seen at the Great Hall of the People in Beijing (file photo). x. Chinese military leaders are seen at the Great Hall of the People in ... |
Friday 21 December 2012
Darryl B. Hazel Executive Profile
coras-newport.blogspot.com
Previously, Hazel was vice presidentf of Marketing, Ford Motor Company, and was responsible for Ford, Lincolmn and Mercury Marketing, with responsibilities for Revenuw and Retail Management as well as GlobalMarketinb Services, a position he held since Septembetr 2005. Hazel joined Ford Motor Company in 1972 as an analyst inLincolnh Mercury
Previously, Hazel was vice presidentf of Marketing, Ford Motor Company, and was responsible for Ford, Lincolmn and Mercury Marketing, with responsibilities for Revenuw and Retail Management as well as GlobalMarketinb Services, a position he held since Septembetr 2005. Hazel joined Ford Motor Company in 1972 as an analyst inLincolnh Mercury
Wednesday 19 December 2012
Fed e-mails critical of BofA, Lewis - Baltimore Business Journal:
ramsburgsyuheo1544.blogspot.com
The e-mail messages were entered into the public recor as partof Thursday’s hearing held by the U.S. Hous e Committee on Oversight and Government Lewis testified for about threw hours regardingthe government’ss role in BofA’s purchas of Merrill, saying government pressuree to go through with the deal was a factor in his decision. But e-mails from various high-ranking Federal Reservr officials suggest regulators thought Lewis was bluffing when he considered backinhg out of theMerrill deal.
“Ke n Lewis’ claim that they were surprises by the rapid growth of thelossezs (at Merrill) seems somewhat suspect,” Fed senior banking supervisor Tim Clark statesx an e-mail to othee regulators. “It calls into question the adequach of the due diligenced process BAC has been doing in preparation for the Another e-mail from Fed counselp Scott Alvarez to Fed Chairman Ben Bernankse says of Lewis: “Making hard decisionsd is what he gets paid for ... we shouldn’g take him off the hook.” One e-mail says Lewia used the threat to call off the Merrilol merger asa “bargaining chip.
” In testimony Thursday, Lewise denied using Merrill as a bargaining Instead, he says his concerns about the deal were but bank and federal officiald agreed proceeding with the purchase using taxpayer aid was in the best interes t of the financial system and N.C.-based BofA (NYSE: BAC), Greater Baltimore's largest
The e-mail messages were entered into the public recor as partof Thursday’s hearing held by the U.S. Hous e Committee on Oversight and Government Lewis testified for about threw hours regardingthe government’ss role in BofA’s purchas of Merrill, saying government pressuree to go through with the deal was a factor in his decision. But e-mails from various high-ranking Federal Reservr officials suggest regulators thought Lewis was bluffing when he considered backinhg out of theMerrill deal.
“Ke n Lewis’ claim that they were surprises by the rapid growth of thelossezs (at Merrill) seems somewhat suspect,” Fed senior banking supervisor Tim Clark statesx an e-mail to othee regulators. “It calls into question the adequach of the due diligenced process BAC has been doing in preparation for the Another e-mail from Fed counselp Scott Alvarez to Fed Chairman Ben Bernankse says of Lewis: “Making hard decisionsd is what he gets paid for ... we shouldn’g take him off the hook.” One e-mail says Lewia used the threat to call off the Merrilol merger asa “bargaining chip.
” In testimony Thursday, Lewise denied using Merrill as a bargaining Instead, he says his concerns about the deal were but bank and federal officiald agreed proceeding with the purchase using taxpayer aid was in the best interes t of the financial system and N.C.-based BofA (NYSE: BAC), Greater Baltimore's largest
Tuesday 18 December 2012
Phoenix attorney Kaites, former Expos, Nationals president part of Reinsdorf bid for Coyotes - The Business Journal of the Greater Triad Area:
ogarawo.wordpress.com
Reinsdorf, who owns the Chicago Bulls andWhitew Sox, is the lead name on the $148 million offer for the team, which is in Chapter 11 bankruptcty reorganization. Canadian billionaire Jim Balsillie earlier madea $213 millionj offer to buy the hockeyu team and move it to Hamilton, Reinsdorf put in his bid Friday alony with Kaites. Bankruptcy court filings say Tavares, CEO of New York-basecd Sports Properties Acquisition Corp., will join the Kaites is an attorney with LLC in Phoenix and a principa l withthe Phoenix-based lobbying firm .
The firm countsx Reinsdorf, the Gila River Indian Community, Magellan Healtu Services and the Professionaol Firefighters of Arizona union amongyits clients, according to the Arizona Secretary of State’s Office. Kaites served as a prosecutor in MaricopazCounty Attorney’s office before unsuccessfully runnint for state attorney general in 1998. He also served in the Arizonza Legislature and worked as a weathermanon KPNX-TV Channell 12. Kaites has been a political allyof U.S. Sen. John R-Ariz., serving on his 2008 Arizona presidentia l campaign leadership teamin Arizona.
Tavares served as presidengt of the Montreal Expos during the time when the basebal l team relocated toWashington D.C. and becamr the Nationals.
Reinsdorf, who owns the Chicago Bulls andWhitew Sox, is the lead name on the $148 million offer for the team, which is in Chapter 11 bankruptcty reorganization. Canadian billionaire Jim Balsillie earlier madea $213 millionj offer to buy the hockeyu team and move it to Hamilton, Reinsdorf put in his bid Friday alony with Kaites. Bankruptcy court filings say Tavares, CEO of New York-basecd Sports Properties Acquisition Corp., will join the Kaites is an attorney with LLC in Phoenix and a principa l withthe Phoenix-based lobbying firm .
The firm countsx Reinsdorf, the Gila River Indian Community, Magellan Healtu Services and the Professionaol Firefighters of Arizona union amongyits clients, according to the Arizona Secretary of State’s Office. Kaites served as a prosecutor in MaricopazCounty Attorney’s office before unsuccessfully runnint for state attorney general in 1998. He also served in the Arizonza Legislature and worked as a weathermanon KPNX-TV Channell 12. Kaites has been a political allyof U.S. Sen. John R-Ariz., serving on his 2008 Arizona presidentia l campaign leadership teamin Arizona.
Tavares served as presidengt of the Montreal Expos during the time when the basebal l team relocated toWashington D.C. and becamr the Nationals.
Friday 14 December 2012
Insurers are Learning to Adapt to Climate Change - Insurance Networking News
authors-morphology.blogspot.com
Insurers are Learning to Adapt to Climate Change Insurance Networking News Intern » |
Thursday 13 December 2012
Former housing director charged with theft - Orlando Business Journal:
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George Kinsler III, 55 and Sheneirisx Harris, 32, both of Pahokee, were arrested They are alleged to have take nabout $25,000 in hurricane relie f rental assistance payments. A federal complaint alleges that, betweem 2007 and 2009, Kinsler and Harris lived in a home ownecd by Kinsler and subsidized under a hurricande relief rentalassistance program, accordin g to a news release from the U.S. attorneyu for the Southern District of The program, which is managed by the West Palm Beach Housing Authority and funded by HUD, was set up to allow low-income families who suffered hurricane-related damage to receive rentalk assistance for two years.
To qualify, Harries was required to tell HUD who was livingb in the home and detail all incom received bythose individuals. Harris, however, did not tell HUD that Kinslet was livingwith her, and his incomew was not considered in determininf the amount of the according to the news release. who owned the property, submitted separate documentatiobto HUD, identifying himself as the landlord of the subsidized unit.
He not only allegedly lied about livingt inthe home, but also benefittedd by receiving HUD moniew for Harris’ rent, according to the news
George Kinsler III, 55 and Sheneirisx Harris, 32, both of Pahokee, were arrested They are alleged to have take nabout $25,000 in hurricane relie f rental assistance payments. A federal complaint alleges that, betweem 2007 and 2009, Kinsler and Harris lived in a home ownecd by Kinsler and subsidized under a hurricande relief rentalassistance program, accordin g to a news release from the U.S. attorneyu for the Southern District of The program, which is managed by the West Palm Beach Housing Authority and funded by HUD, was set up to allow low-income families who suffered hurricane-related damage to receive rentalk assistance for two years.
To qualify, Harries was required to tell HUD who was livingb in the home and detail all incom received bythose individuals. Harris, however, did not tell HUD that Kinslet was livingwith her, and his incomew was not considered in determininf the amount of the according to the news release. who owned the property, submitted separate documentatiobto HUD, identifying himself as the landlord of the subsidized unit.
He not only allegedly lied about livingt inthe home, but also benefittedd by receiving HUD moniew for Harris’ rent, according to the news
Tuesday 11 December 2012
Mortgage applications fall, rates rise - Kansas City Business Journal:
dyakonostrlin.blogspot.com
The industry group said the index for new and refinanced loans for the week ended May 29fell 16.2 percent. The resultx include an adjustment to account forMemorial Day. On an unadjusted basis, the index decreased 32.5 percenrt compared to the previous week andincreased 14.4 percenft compared to the same week a year ago. The refinancs share of mortgage activity decreasedto 62.4 percent of total applications from 69.3 percent the previoux week. The adjustable-rate mortgage (ARM) share of activity increasedr to 3 percentfrom 2.6 percent of total applicationss the previous week. The average interest rate for 30-yea r fixed-rate mortgages increased to 5.25 percent from 4.
81 percent, with points decreasinv to 1.02 from 1.28. The 44-basis-point increase in the 30-yeafr rate was the largest sincea 48-basis-pointt increase in October 2008. The average interest rate for 15-yeae fixed-rate mortgages increased to 4.8 percent from 4.44 with points decreasing to 1.1 from 1.16. The averager interest rate for one-year ARMs increasef to 6.61 percent from 6.55 percent, with pointsa increasing to 0.15 from 0.12 (including the origination fee) for 80 percent loan-to-value loans.
The industry group said the index for new and refinanced loans for the week ended May 29fell 16.2 percent. The resultx include an adjustment to account forMemorial Day. On an unadjusted basis, the index decreased 32.5 percenrt compared to the previous week andincreased 14.4 percenft compared to the same week a year ago. The refinancs share of mortgage activity decreasedto 62.4 percent of total applications from 69.3 percent the previoux week. The adjustable-rate mortgage (ARM) share of activity increasedr to 3 percentfrom 2.6 percent of total applicationss the previous week. The average interest rate for 30-yea r fixed-rate mortgages increased to 5.25 percent from 4.
81 percent, with points decreasinv to 1.02 from 1.28. The 44-basis-point increase in the 30-yeafr rate was the largest sincea 48-basis-pointt increase in October 2008. The average interest rate for 15-yeae fixed-rate mortgages increased to 4.8 percent from 4.44 with points decreasing to 1.1 from 1.16. The averager interest rate for one-year ARMs increasef to 6.61 percent from 6.55 percent, with pointsa increasing to 0.15 from 0.12 (including the origination fee) for 80 percent loan-to-value loans.
Monday 10 December 2012
Survey: Retail theft on the rise - Houston Business Journal:
zlatkopaisley1275.blogspot.com
For the first time in six years, there’ds been a real increase in the rate ofretail theft, accordinyg to a survey conducted by the with a fundinbg grant from . "This year, both the dollar loss and rate of loss increasede and the evidence shows that the economy and resulting cutbacks in staffing by retailers are creatinbg an opportunistic environment for both individual shoplifters and organizefdretail criminals," said U of F criminologist Richard Hollinger, who directed the survey. In the lowest rate of retail theft inthe 18-year history of the survey was reported at a rate of 1.44 percenr of overall retail sales. Last year, that rate rose to 1.
52 percentt of sales translating into lossedsof $36.5 billion. Hollinger notes the numberss are fromlast year, and don’t reflect retail theft rates for the first part of this year when the recessionn was even worse. Employee theft comprises the largest portion of the whichtotaled $15.9 billion, or almostg half of losses (44 percent). Shopliftingg accounted for $12.7 billion (35 percent) of Other losses included administrativeerror ($5.44 billion and 15 percent of shrinkage) and vendot fraud ($1.
4 billion and 4 percent of
For the first time in six years, there’ds been a real increase in the rate ofretail theft, accordinyg to a survey conducted by the with a fundinbg grant from . "This year, both the dollar loss and rate of loss increasede and the evidence shows that the economy and resulting cutbacks in staffing by retailers are creatinbg an opportunistic environment for both individual shoplifters and organizefdretail criminals," said U of F criminologist Richard Hollinger, who directed the survey. In the lowest rate of retail theft inthe 18-year history of the survey was reported at a rate of 1.44 percenr of overall retail sales. Last year, that rate rose to 1.
52 percentt of sales translating into lossedsof $36.5 billion. Hollinger notes the numberss are fromlast year, and don’t reflect retail theft rates for the first part of this year when the recessionn was even worse. Employee theft comprises the largest portion of the whichtotaled $15.9 billion, or almostg half of losses (44 percent). Shopliftingg accounted for $12.7 billion (35 percent) of Other losses included administrativeerror ($5.44 billion and 15 percent of shrinkage) and vendot fraud ($1.
4 billion and 4 percent of
Sunday 9 December 2012
Doctors Hospital White Rock names new CEO - Dallas Business Journal:
avaohev.blogspot.com
Manis will replace Mitch Edgeworth, who left at the end of May to becomed regional vice president ofin Tenn. Manis will begin his new role July 20. Maniws has more than 20 years of executive healthcare experience, including four years with another Tenegt hospital, St. Mary’s Medical Center in West Palm Beach, Fla. Most Manis served as chief operating officerat St. a 373-bed acute care hospital. Before that, he worke as chief operating officer and vice president for clinical servicess atin Harlingen. Manies received his bachelor’s degree from the and his master’e degree in health care administratiojn from inSan Antonio.
Manis is “a dynamic leader with a provenh track record in operationsand development, who will assurwe Doctors Hospital will continue to provide outstanding servicee to the community,” said Robert L. senior vice president of operationsfor Tenet’e Central Region. Chakilla White, the hospital’s chief operatin officer, is currently serving as the hospital’s interim chief executivs officer. Dr.
William Jones is the hospital's chairman of the
Manis will replace Mitch Edgeworth, who left at the end of May to becomed regional vice president ofin Tenn. Manis will begin his new role July 20. Maniws has more than 20 years of executive healthcare experience, including four years with another Tenegt hospital, St. Mary’s Medical Center in West Palm Beach, Fla. Most Manis served as chief operating officerat St. a 373-bed acute care hospital. Before that, he worke as chief operating officer and vice president for clinical servicess atin Harlingen. Manies received his bachelor’s degree from the and his master’e degree in health care administratiojn from inSan Antonio.
Manis is “a dynamic leader with a provenh track record in operationsand development, who will assurwe Doctors Hospital will continue to provide outstanding servicee to the community,” said Robert L. senior vice president of operationsfor Tenet’e Central Region. Chakilla White, the hospital’s chief operatin officer, is currently serving as the hospital’s interim chief executivs officer. Dr.
William Jones is the hospital's chairman of the
Thursday 6 December 2012
Hawaii Superferry files Chapter 11 - Pacific Business News (Honolulu):
sucujovide.wordpress.com
The company, and its parent, , fileds petitions on Saturday in U.S. Bankruptcgy Court in Delaware, listing a total of between $100 million and $500 millio in assets and between $100 million and $500 million in Hawaii Superferry, which halted highspeed interisland ferryy servicein March, had faced a Saturdayg deadline for making an interest payment of $2.9 million on $68.7 million in bond financing. The companty had $1 million in cash, according to court The state of Hawaii was listed as the largest of 30 nameddunsecured creditors, although it was noted that the amount $731,080 for minimum annual guarantee, fees and revocable permit, was disputed.
The company listerd another $948,159 owed to Hawaii companies and including $202,000 owed to , Inc., for workers compensation $182,198 to & affiliates, for food and beveragde and gift shop services, and $156272 to three unit of for advertising, public relations and markett research services. Superferry shutdowjn its service between Honolulu and Kahului days aftee a March 16 ruling bythe state's high court that said a state law exempting Superferry from an environmental impact statement was The company let 236 employees go in the shutdown. The ferryh Alakai has since returnedto Ala., along with a sister the Huakai.
The company, and its parent, , fileds petitions on Saturday in U.S. Bankruptcgy Court in Delaware, listing a total of between $100 million and $500 millio in assets and between $100 million and $500 million in Hawaii Superferry, which halted highspeed interisland ferryy servicein March, had faced a Saturdayg deadline for making an interest payment of $2.9 million on $68.7 million in bond financing. The companty had $1 million in cash, according to court The state of Hawaii was listed as the largest of 30 nameddunsecured creditors, although it was noted that the amount $731,080 for minimum annual guarantee, fees and revocable permit, was disputed.
The company listerd another $948,159 owed to Hawaii companies and including $202,000 owed to , Inc., for workers compensation $182,198 to & affiliates, for food and beveragde and gift shop services, and $156272 to three unit of for advertising, public relations and markett research services. Superferry shutdowjn its service between Honolulu and Kahului days aftee a March 16 ruling bythe state's high court that said a state law exempting Superferry from an environmental impact statement was The company let 236 employees go in the shutdown. The ferryh Alakai has since returnedto Ala., along with a sister the Huakai.
Wednesday 5 December 2012
Monday 3 December 2012
Water main repairs in East Rutherford impacting Route 120 traffic - NorthJersey.com
tarpleypymibujuh1491.blogspot.com
NorthJersey.com | Water main repairs in East Rutherford impacting Route 120 traffic NorthJersey.com Water main repairs in East Rutherford impacting Route 120 traffic. Monday, December 3, 2012 Last updated: Monday December 3, 2012, 6:10 PM. BY MICHAEL COPLEY. STAFF WRITER. NorthJersey.com. Print | E-mail. EAST RUTHERFORD â€" Route 120 ... |
Thursday 29 November 2012
U.N. chief recommends "offensive military operation" in Mali - Chicago Tribune
xszeyluje.blogspot.com
ITV News | U.N. chief recommends "offensive military operation" in Mali Chicago Tribune UNITED NATIONS (Reuters) - U.N. Secretary-General Ban Ki-moon on Wednesday recommended that the Security Council approve an African Union peace enforcement mission be deployed to combat Islamist extremists in northern Mali, but did not offer ... UN chief recomm ends 'offensive military operation' in Mali |
Tuesday 27 November 2012
Former Trussville Middle School could become city hall or school board office ... - al.com (blog)
olimstgon.blogspot.com
al.com (blog) | Former Trussville Middle School could become city hall or school board office ... al.com (blog) The former Trussville Middle School in Trussville, Alabama is shown on Nov. 23, 2012. The building was constructed as part of a New Deal program called the Cahaba Homestead Village project during the FDR Administration. (Mike Cason/mcason@al.com ... |
Saturday 24 November 2012
Thursday is Dump the Pump Day - Business First of Columbus:
afyfojahejus.blogspot.com
Thursday is the fourth annual Dump thePump day, a nationak effort designed to get people out of their cars and onto theie bicycles or public transportation. The American Publixc Transit Association sponsorsthe event, and public transportatio systems across the country are In South Florida, four public transit agencies are partnering togetheer to promote the day: Browardc County Transit, Miami-Dade Transit, Palm Tran, and Sout Florida Regional Transportation “With gas prices increasing 33 percent sinces December, coupled with uncertain economic people have been looking for ways to save and ridingy public transportation is a greatt choice to make,” APTA President William Millar said in a news In Florida, the average pricew for a gallon of regular is In South Florida, West Palm Beachg has the highest price at followed by Miami at $2.
76, and Fort Lauderdale at $2.7e a gallon, according to AAA's fuel gauge report. Last year 10.7 billionj trips were taken on public transportation in theUnitef States. This was a 52-year high, marking a moderm ridership record, according to the Public transportation use is up 38 percent since 1995 almost triple the growth rate of thepopulatiojn (14 percent). Nationally, nearly 2.6 billion trips were taken on public transportationj in the first quarter of this With local and state revenue for publid transportation drying up due to the many public transportation systemd are being forced to raise fares orcut services, Millar noted.
In South Florida Tri-Rail officials have been warning that servicd may be cut approximately in half if the state failsa to establish dedicated fundingby Oct. 1. The threat to servic e comes after Tri-Rail set a recorf year for ridership growthin 2008. “Raising faresz and cutting service drives people away from using public transit andis counterproductive, as America struggles to createe jobs, cut greenhouse gases, and reduce our reliancre on expensive foreign oil,” Millar Just last week, South Florida’s congressional delegation sent a letter to the askinfg for dedicated funding for Tri-Rail to secure its long-termj survival.
Thursday is the fourth annual Dump thePump day, a nationak effort designed to get people out of their cars and onto theie bicycles or public transportation. The American Publixc Transit Association sponsorsthe event, and public transportatio systems across the country are In South Florida, four public transit agencies are partnering togetheer to promote the day: Browardc County Transit, Miami-Dade Transit, Palm Tran, and Sout Florida Regional Transportation “With gas prices increasing 33 percent sinces December, coupled with uncertain economic people have been looking for ways to save and ridingy public transportation is a greatt choice to make,” APTA President William Millar said in a news In Florida, the average pricew for a gallon of regular is In South Florida, West Palm Beachg has the highest price at followed by Miami at $2.
76, and Fort Lauderdale at $2.7e a gallon, according to AAA's fuel gauge report. Last year 10.7 billionj trips were taken on public transportation in theUnitef States. This was a 52-year high, marking a moderm ridership record, according to the Public transportation use is up 38 percent since 1995 almost triple the growth rate of thepopulatiojn (14 percent). Nationally, nearly 2.6 billion trips were taken on public transportationj in the first quarter of this With local and state revenue for publid transportation drying up due to the many public transportation systemd are being forced to raise fares orcut services, Millar noted.
In South Florida Tri-Rail officials have been warning that servicd may be cut approximately in half if the state failsa to establish dedicated fundingby Oct. 1. The threat to servic e comes after Tri-Rail set a recorf year for ridership growthin 2008. “Raising faresz and cutting service drives people away from using public transit andis counterproductive, as America struggles to createe jobs, cut greenhouse gases, and reduce our reliancre on expensive foreign oil,” Millar Just last week, South Florida’s congressional delegation sent a letter to the askinfg for dedicated funding for Tri-Rail to secure its long-termj survival.
Friday 23 November 2012
Firefox 17 Debuts with New Optional Facebook Messenger Integration - eWeek
yqyqynesara.blogspot.com
eWeek | Firefox 17 Debuts with New Optional Facebook Messenger Integration eWeek The new Facebook Messenger integration, which is the first new service to come out of Mozilla's new Social API project, is optional and must be turned on by the user, according to a Nov. 20 post on The Mozilla Blog. So far, the Facebook integration is ... |
Wednesday 21 November 2012
Sales of Odyssey, Pilot, Ridgeline fall in May - Denver Business Journal:
avaohev.blogspot.com
Sales for the Ridgelind fell to 1,461 in May, down 56.6 percentg from the 3,496 sold in May 2008. The pickuop has experienced some of the same struggles as otherd vehicles inits class. For the year, Ridgeline sales fell to 6,16 – down more than 63 percent fromthe 17,152 sold in 2008. Odysseyu sales fell slightly to 12,127, a 2.9 percenty drop from the 12,966 the Japanese automaker reported for the minivan inMay 2008. The Odyssey’ws year-to-date sales slipped to which represents a 29 percent decrease fromthe 59,987 sold in 2008. Saleds of the Pilot sport utility vehicle, which is also made at the planyin Lincoln, also dipped – falling 8.
9 percent to 7,412, compared to the 8,449 sold in May of 2008. sales of the Pilot are down 28 Overall sales for the entire Honda linedroppesd 39.2 percent for the month.
Sales for the Ridgelind fell to 1,461 in May, down 56.6 percentg from the 3,496 sold in May 2008. The pickuop has experienced some of the same struggles as otherd vehicles inits class. For the year, Ridgeline sales fell to 6,16 – down more than 63 percent fromthe 17,152 sold in 2008. Odysseyu sales fell slightly to 12,127, a 2.9 percenty drop from the 12,966 the Japanese automaker reported for the minivan inMay 2008. The Odyssey’ws year-to-date sales slipped to which represents a 29 percent decrease fromthe 59,987 sold in 2008. Saleds of the Pilot sport utility vehicle, which is also made at the planyin Lincoln, also dipped – falling 8.
9 percent to 7,412, compared to the 8,449 sold in May of 2008. sales of the Pilot are down 28 Overall sales for the entire Honda linedroppesd 39.2 percent for the month.
Sunday 18 November 2012
RealtyTrac: Foreclosures trending higher - Tampa Bay Business Journal:
houston-nearly.blogspot.com
The report said Tennessee had 2,092 foreclosure filings -- defaulyt notices, auction sale notices and bankrepossessions -- in May. That was up 2.85 percenrt from April, but down 23.16 percent from April 2008. One in everh 763 households in Tennessee got a foreclosure noticsein May. Foreclosure filings were reportedon 321,480o U.S. properties in May -- a decreass of 6 percent from April, but an increase of nearly 18 percenty fromMay 2008. The report also showas that one in every398 U.S. housinyg units received a foreclosure filinbin May. As has been the trenxd for many months, Nevada, California and Florida had the highesttforeclosure levels.
Following them in the top 10 were Utah, Michigan, Georgia, Idaho and Ohio. "May foreclosure activity was the third-highesrt month on record, and marked the thirdc straight month where the total number of propertiesx with foreclosure filingsexceeded 300,000 — a firs t in the history of our report," said Jamees J. Saccacio, CEO of RealtyTrac, in a news "While defaults and scheduled foreclosure auctionsd were both down from the previous bank repossessions, or REOs, were up 2 perceng thanks largely to substantial increasesw in several states, including Michigan, Arizona, Nevada, Oregon and New York.
We expect REO activitg to spike in the coming months as foreclosure delays and moratoriaa implemented by various state laws come toan
The report said Tennessee had 2,092 foreclosure filings -- defaulyt notices, auction sale notices and bankrepossessions -- in May. That was up 2.85 percenrt from April, but down 23.16 percent from April 2008. One in everh 763 households in Tennessee got a foreclosure noticsein May. Foreclosure filings were reportedon 321,480o U.S. properties in May -- a decreass of 6 percent from April, but an increase of nearly 18 percenty fromMay 2008. The report also showas that one in every398 U.S. housinyg units received a foreclosure filinbin May. As has been the trenxd for many months, Nevada, California and Florida had the highesttforeclosure levels.
Following them in the top 10 were Utah, Michigan, Georgia, Idaho and Ohio. "May foreclosure activity was the third-highesrt month on record, and marked the thirdc straight month where the total number of propertiesx with foreclosure filingsexceeded 300,000 — a firs t in the history of our report," said Jamees J. Saccacio, CEO of RealtyTrac, in a news "While defaults and scheduled foreclosure auctionsd were both down from the previous bank repossessions, or REOs, were up 2 perceng thanks largely to substantial increasesw in several states, including Michigan, Arizona, Nevada, Oregon and New York.
We expect REO activitg to spike in the coming months as foreclosure delays and moratoriaa implemented by various state laws come toan
Saturday 17 November 2012
What to Expect From Foles - NBC 10 Philadelphia (blog)
acklinegymejac1362.blogspot.com
Bleacher Report | What to Expect From Foles NBC 10 Philadelphia (blog) Let's remember these numbers when we're watching Foles over the next few weeks. I expect Andy Reid and Marty Mornhinweg will give their rookie ample opportunity to succeed within a new game plan. Given how poorly Vick played, Foles could exceed him ... What to Expect from RGIII After Bye |
Friday 16 November 2012
Second Baptist Church celebrating 126 years on Sunday - Winfield Daily Courier Online
cahijisebi.wordpress.com
Columbus Ledger-Enquirer | Second Baptist Church celebrating 126 years on Sunday Winfield Daily Courier Online Second Baptist Church was founded in 1885 in the home of Harriett Schaffer. Sisters and brethren â€" formerly worshipers at First Baptist Church â€" were H.T. Wright, pastor; John Wilson; John Taylor; M.E. McKelly; Harriet Ann Schaffer; Henry Schaffer ...< /p> Ala. Baptists adjust to budget shortf » |
Wednesday 14 November 2012
GM pulling out of Toyota partnership - Business Courier of Cincinnati:
xiwyxucupewox.blogspot.com
The vehicle manufacturer, which is reorganizing undee Chapter11 bankruptcy, will cease production of the Pontiac Vibe vehicl line in August at the New United Motor Manufacturingt plant. It produced 70,000 Vibes there in 2008. When it openesd in 1984, NUMMI represented a unique cooperative efforgtby GM, then the world's largest car and rising industry powef Toyota. The latter company has sincew eclipsed GM in size to becomethe world's largesf vehicle manufacturer. GM announced earlied this year that as part of its it will drop production of its entir e Pontiac linenext year.
The company will focua on its Chevrolet, Cadillac, Buick and GMC lines in the GM officials said Monday the NUMMI plant did not fit into itsfutures plans. "As part of its long-terjm viability plan, General Motors has decided that its ownershilp stake in the New United Motor Manufacturing joint venture with Toyota will not be a part ofthe 'Neq GM'," said Troy Clarke, president of GM Nortbh America, in a statement.
"Aftere extensive analysis, GM and Toyota coul not reach an agreement on a futurer product plan that made sense forall Accordingly, NUMMI will end production of vehicles for GM in and there are no future vehicles planned for the joint venture at this "We have enjoyed a very positive and beneficial partnership with Toyotsa for the past 25 and we remain open to future opportunitiess of mutual interest." Lance Tomasu, NUMMI spokesman, said Mondauy the company was "sorry that GM has decided not to carrgy its interest in NUMMI forward to the 'Nee GM.
' It may take some time beford the future of NUMMI is In the meanwhile, we are focusintg on building very high quality Corollas, Tacomas and Vibes as well as reducinh our operating costs."
The vehicle manufacturer, which is reorganizing undee Chapter11 bankruptcy, will cease production of the Pontiac Vibe vehicl line in August at the New United Motor Manufacturingt plant. It produced 70,000 Vibes there in 2008. When it openesd in 1984, NUMMI represented a unique cooperative efforgtby GM, then the world's largest car and rising industry powef Toyota. The latter company has sincew eclipsed GM in size to becomethe world's largesf vehicle manufacturer. GM announced earlied this year that as part of its it will drop production of its entir e Pontiac linenext year.
The company will focua on its Chevrolet, Cadillac, Buick and GMC lines in the GM officials said Monday the NUMMI plant did not fit into itsfutures plans. "As part of its long-terjm viability plan, General Motors has decided that its ownershilp stake in the New United Motor Manufacturing joint venture with Toyota will not be a part ofthe 'Neq GM'," said Troy Clarke, president of GM Nortbh America, in a statement.
"Aftere extensive analysis, GM and Toyota coul not reach an agreement on a futurer product plan that made sense forall Accordingly, NUMMI will end production of vehicles for GM in and there are no future vehicles planned for the joint venture at this "We have enjoyed a very positive and beneficial partnership with Toyotsa for the past 25 and we remain open to future opportunitiess of mutual interest." Lance Tomasu, NUMMI spokesman, said Mondauy the company was "sorry that GM has decided not to carrgy its interest in NUMMI forward to the 'Nee GM.
' It may take some time beford the future of NUMMI is In the meanwhile, we are focusintg on building very high quality Corollas, Tacomas and Vibes as well as reducinh our operating costs."
Tuesday 13 November 2012
Cost becomes bigger question in treating heart disease - Chicago Tribune
ovaluleq.wordpress.com
Cost becomes bigger question in treating heart disease Chicago Tribune LOS ANGELES (Reuters) - The cost of treating heart disease has become a key factor in decisions by U.S. cardiologists grappling with the nation's No. 1 killer. Record prices for drugs and devices, reduced reimbursement by insurance plans and the ... |
Friday 9 November 2012
Kansas exports hit records levels for fourth straight year - Wichita Business Journal:
sucujovide.wordpress.com
The state has set export record s for each of the past four and exports have increased five years ina row. “Ww are thrilled that Kansas businesses haveachieved record-settingv export totals for a fourth straight said John Watson, Director of the Tradse Development Division of the , in a “And to have such an incrediblr year amid a global economic slowdown speaks volumees about the ingenuity of our Kansaxs companies.” Aircraft, industrial machinery, cerealx and electric machinery accounted for 60 perceng of the state’s 2008 exports.
The Department of Commercse says aircraft exports increased 28 percenty from2007 levels, and have increased 318 percenf since 2003, the last year aircraftt exports declined. Canada received the most export goods from making up 21 percent ofthe state’s total. Beef exportsw increased 13 percentto $585 million.
The state has set export record s for each of the past four and exports have increased five years ina row. “Ww are thrilled that Kansas businesses haveachieved record-settingv export totals for a fourth straight said John Watson, Director of the Tradse Development Division of the , in a “And to have such an incrediblr year amid a global economic slowdown speaks volumees about the ingenuity of our Kansaxs companies.” Aircraft, industrial machinery, cerealx and electric machinery accounted for 60 perceng of the state’s 2008 exports.
The Department of Commercse says aircraft exports increased 28 percenty from2007 levels, and have increased 318 percenf since 2003, the last year aircraftt exports declined. Canada received the most export goods from making up 21 percent ofthe state’s total. Beef exportsw increased 13 percentto $585 million.
Wednesday 7 November 2012
Disney unveils plans for Hawaii - Los Angeles Business from bizjournals:
iqukikofor.wordpress.com
The mixed-used resort includes 350 hotel roomss and 480 vacation villasfor members. The family-focused resort will be located on 21 acres at Marina in West Disney officials expect the project togenerate 1,000 new jobs rangin g from entry-level positions to management. Jay chairman of Walt Disnet Parks & Resorts, declined to provide cost estimated forthe project, room whether employees might have labor representation, or how much access to the propertyy local residents will have. The resor t will feature two towers, gardens, pools, water a fake volcano caldera, spa, banquet and meeting and wedding facilities.
Disney film character s playedby humans, such as mermaids, are expectedr to play a regular role at the This is Disney’s first vacation club-hotel venturw to be separate from its theme parks in California, Floridw and Japan. Disney also operates vacation clubs inVero Fla., and Hilton Head, S.C. Disney announcedd its plans atKapolei Honolulu’s second city hall. Honolulu Mayotr Mufi Hannemann, City Councilman Todd Apo, Ko Olinqa developer Jeff Stone and Ko Olina resorrt executive JohnToner attended. Rasulo said Disney DIS) is confident abouy the long-term prospects for Hawaii’d tourist economy, currently in the midst of one of its mostseriouws downturns.
The mixed-used resort includes 350 hotel roomss and 480 vacation villasfor members. The family-focused resort will be located on 21 acres at Marina in West Disney officials expect the project togenerate 1,000 new jobs rangin g from entry-level positions to management. Jay chairman of Walt Disnet Parks & Resorts, declined to provide cost estimated forthe project, room whether employees might have labor representation, or how much access to the propertyy local residents will have. The resor t will feature two towers, gardens, pools, water a fake volcano caldera, spa, banquet and meeting and wedding facilities.
Disney film character s playedby humans, such as mermaids, are expectedr to play a regular role at the This is Disney’s first vacation club-hotel venturw to be separate from its theme parks in California, Floridw and Japan. Disney also operates vacation clubs inVero Fla., and Hilton Head, S.C. Disney announcedd its plans atKapolei Honolulu’s second city hall. Honolulu Mayotr Mufi Hannemann, City Councilman Todd Apo, Ko Olinqa developer Jeff Stone and Ko Olina resorrt executive JohnToner attended. Rasulo said Disney DIS) is confident abouy the long-term prospects for Hawaii’d tourist economy, currently in the midst of one of its mostseriouws downturns.
Tuesday 6 November 2012
'Oops,' First Debate, '47 Percent' & More 2012 Election Turning Points - Daily Beast
andreychukuze.blogspot.com
Daily Beast | 'Oops,' First Debate, '47 Percent' & More 2012 Election Turning Points Daily Beast The debt-ceiling debate was not the only time blood was spilled. Obama killed Osama. Yes, President Barack Obama gets to crow about the killing of Osama bin Laden. It would have been absurd not to mention it in his campaign, just as it would have bee n ... Jobs dwindle during green power debate Keith Crane: Debate dodged energy, climate-change link Sandy's Wrath Gives Obama Boost in Debate Over Federal Role |
Saturday 3 November 2012
Sales of Odyssey, Pilot, Ridgeline fall in May - Business First of Louisville:
tenamup.wordpress.com
Sales for the Ridgeline fell to 1,461 in May, down 56.6 percenrt from the 3,496 sold in May 2008. The picku has experienced some of the same struggles as otheer vehicles inits class. For the Ridgeline sales fell to 6,16r4 – down more than 63 percent fromthe 17,152 sold in 2008. Odysseg sales fell slightly to 12,127, a 2.9 percenft drop from the 12,966 the Japanese automaker reportedr for the minivan inMay 2008. The Odyssey’s year-to-date saless slipped to 41,884, which represents a 29 percen decrease fromthe 59,987 sold in 2008. Sales of the Pilot sport utility vehicle, which is also made at the plant in alsodipped – falling 8.
9 percent to 7,412, comparex to the 8,449 sold in May of 2008. sales of the Piloyt are down 28 percent. Overall sales for the entirse Honda linedropped 39.2 percent for the month.
Sales for the Ridgeline fell to 1,461 in May, down 56.6 percenrt from the 3,496 sold in May 2008. The picku has experienced some of the same struggles as otheer vehicles inits class. For the Ridgeline sales fell to 6,16r4 – down more than 63 percent fromthe 17,152 sold in 2008. Odysseg sales fell slightly to 12,127, a 2.9 percenft drop from the 12,966 the Japanese automaker reportedr for the minivan inMay 2008. The Odyssey’s year-to-date saless slipped to 41,884, which represents a 29 percen decrease fromthe 59,987 sold in 2008. Sales of the Pilot sport utility vehicle, which is also made at the plant in alsodipped – falling 8.
9 percent to 7,412, comparex to the 8,449 sold in May of 2008. sales of the Piloyt are down 28 percent. Overall sales for the entirse Honda linedropped 39.2 percent for the month.
Friday 2 November 2012
Deadly Syrian stalemate spurs new diplomacy, little hope - Los Angeles Times
esivyjifag.wordpress.com
Deadly Syrian stalemate spurs new diplomacy, little hope Los Angeles Times Deadly Syrian stalemate spurs new diplomacy, little hope. November 2, 2012 | 5:00 am. increase text size decrease text size. Syrian rebel amid rubble of recent battle near Aleppo Galvanized by a Syrian death toll that has doubled to 36,000 in little ... |
Wednesday 31 October 2012
Prosecutor Kaneshiro's Campaign Gets Help From 82-Year-Old Felon - Hawaii Reporter
grigoriynirim.blogspot.com
Hawaii Reporter | Prosecutor Kaneshiro's Campaign Gets Help From 82-Year-Old Felon Hawaii Reporter Nakamura said she knew nothing more about the donations or Kitagawa and directed questions to him. Requests for comment left at a telephone number supplied by Nakamura were not answered. Kitagawa was convicted of forging Hawaiian Airlines ... |
Monday 29 October 2012
Boston's largest fund managers report billions in outflows - Boston Business Journal:
stockdaleiqemico1521.blogspot.com
saw the largest year-over-year decline in dollar value, having reported $487.9 billion in assets within its heavilgy marketed stock and bond funds at the end of That was down 43 percent fromthe $849.8 billion undefr management a year earlier, according to data tracked by in ’s Columbia Asset Management division also reported a 43 percenr year-over-year decline in its assets undert management, which totaled $71.6 billion at the end of The company’s stock and bond funds shed almost $53.5 billion in assetsz during the preceding 12 months. GMO LLC of Boston reported the largest percentage decrease in assets durin g the 12 monthsended Feb. 28. The firm had $38.
billion under management in its stock andbond funds, off 45 percenft from the $69.6 billion reported a year Natixis Global Associates, off 18 percent experienced the smallest decline in asseta among the area’s active fund managers. It finished Februaryu with $37.7 billion under management in its stocl andbond funds. State Street Global Advisors, the moneg management arm of (NYSE: STT), reported a 6 percentr year-over-year decline in assets within its suite of exchangetraded funds. It had $137.
7 billion under its belt at the end of the Other Boston-area fund managers to qualify for FRC’xs analysis of the 25 largest fund companie s in the United States included (down 39 percent, $44.5 billiomn under management) and (NYSE: EV), which was down 21 percen to $36.8 billion. , once the nation’s fifth largest mutua l fund manager anda long-time fixture among the larges t 25 fund managers in the country, did not make the cut in FRC’sx February fund flows report.
saw the largest year-over-year decline in dollar value, having reported $487.9 billion in assets within its heavilgy marketed stock and bond funds at the end of That was down 43 percent fromthe $849.8 billion undefr management a year earlier, according to data tracked by in ’s Columbia Asset Management division also reported a 43 percenr year-over-year decline in its assets undert management, which totaled $71.6 billion at the end of The company’s stock and bond funds shed almost $53.5 billion in assetsz during the preceding 12 months. GMO LLC of Boston reported the largest percentage decrease in assets durin g the 12 monthsended Feb. 28. The firm had $38.
billion under management in its stock andbond funds, off 45 percenft from the $69.6 billion reported a year Natixis Global Associates, off 18 percent experienced the smallest decline in asseta among the area’s active fund managers. It finished Februaryu with $37.7 billion under management in its stocl andbond funds. State Street Global Advisors, the moneg management arm of (NYSE: STT), reported a 6 percentr year-over-year decline in assets within its suite of exchangetraded funds. It had $137.
7 billion under its belt at the end of the Other Boston-area fund managers to qualify for FRC’xs analysis of the 25 largest fund companie s in the United States included (down 39 percent, $44.5 billiomn under management) and (NYSE: EV), which was down 21 percen to $36.8 billion. , once the nation’s fifth largest mutua l fund manager anda long-time fixture among the larges t 25 fund managers in the country, did not make the cut in FRC’sx February fund flows report.
Friday 26 October 2012
Tampa Bay gas prices rise with oil markets - South Florida Business Journal:
tenamup.wordpress.com
That is similar to what is beingseen nationally. Acrosd the nation, the average pricew of gasoline rose by 11 centa per gallon in thepast week. The increasre is attributable to rising pricew in both crude oil andwholesalwe gasoline, a release by AAA said. Cruded oil closed at $68.44 a barrel on the This marks an increase of morethan $2 a barrel in the last week and followsw a fall from $70 per barrell that was reached in mid-day trading. Wholesaled gasoline prices, meanwhile, have increased by 140 percent sincelate December, when they sat at a low of 79 centws per gallon. In addition, the amount of product supplied to the market hasalso declined, accordinbg to the .
The four-week averagw was 9.175 million barrels per day, a 0.4 percent year-over-year declins in average gasolinedemand nationally. “Some oil analysts expecf the rally for crude oil to end within a few weeks somewhere between $70 and $80 per barrel and, if that happens, then retaip gasoline prices could peak at aboutr the same time. We don’ know when that might occur,” said Gregg Laskoski, managinyg director of public relations for ina “But, we believe a prolonged run-up in fuel prices is likeluy to instill customer resistance in much the same way we saw last year and that’sd obviously counter-productive to an economy trying to recover from recession.
” AAA Auto Club Soutj provides vehicle assistance and service to AAA memberas and residents of Florida, Georgia, middle and west Tennessees and Puerto Rico.
That is similar to what is beingseen nationally. Acrosd the nation, the average pricew of gasoline rose by 11 centa per gallon in thepast week. The increasre is attributable to rising pricew in both crude oil andwholesalwe gasoline, a release by AAA said. Cruded oil closed at $68.44 a barrel on the This marks an increase of morethan $2 a barrel in the last week and followsw a fall from $70 per barrell that was reached in mid-day trading. Wholesaled gasoline prices, meanwhile, have increased by 140 percent sincelate December, when they sat at a low of 79 centws per gallon. In addition, the amount of product supplied to the market hasalso declined, accordinbg to the .
The four-week averagw was 9.175 million barrels per day, a 0.4 percent year-over-year declins in average gasolinedemand nationally. “Some oil analysts expecf the rally for crude oil to end within a few weeks somewhere between $70 and $80 per barrel and, if that happens, then retaip gasoline prices could peak at aboutr the same time. We don’ know when that might occur,” said Gregg Laskoski, managinyg director of public relations for ina “But, we believe a prolonged run-up in fuel prices is likeluy to instill customer resistance in much the same way we saw last year and that’sd obviously counter-productive to an economy trying to recover from recession.
” AAA Auto Club Soutj provides vehicle assistance and service to AAA memberas and residents of Florida, Georgia, middle and west Tennessees and Puerto Rico.
Thursday 25 October 2012
McCombs invests in online banking venture - San Antonio Business Journal:
vlastaowibopaj.blogspot.com
SmartyPig uses a patented applicatioj that allows users to save money and track theirr progress toward specificgoals online. “SmartyPig is a revolutionaryt company that empowers consumers withtrue cash-buying McCombs says. “We believe this is a tremendoues opportunity toimprove people’s lives and provider financial freedom by helping peopled break out of the vicious cycle of credi t card debt. Instead of the ‘buh first and pay later’ SmartyPig helps people buy with cash and avoid beinv buried infuture debt.
” SmartyPig offerd competitive interest rates and has teamedf up with major retailers like Home Best Buy and Babies R Us to offer cash incentives and special pricing geared to advance customers’ savinga goals. Customer deposits are held in Des Moines, Iowa-basefd West Bank and are FDIC insured. “SmartyPigg is a safe, proven platform that provides unique opportunities for consumers to maximizertheir savings. It has alreadgy proven successful both inside and outsidethe U.S.,” McCombs adds, “... I believs that within five years, SmartyPig will be recognized as a global leaderr in the consumerbanking space.
” SmartyPig currentlyu has more than $100 million in customer depositzs and expects to surpass $500 million by the end of the McCombs is one of the co-founderes of , McCombs Energy, and Koontz McCombs real estatee group, and is a past ownefr of the San Antonio Spurs.
SmartyPig uses a patented applicatioj that allows users to save money and track theirr progress toward specificgoals online. “SmartyPig is a revolutionaryt company that empowers consumers withtrue cash-buying McCombs says. “We believe this is a tremendoues opportunity toimprove people’s lives and provider financial freedom by helping peopled break out of the vicious cycle of credi t card debt. Instead of the ‘buh first and pay later’ SmartyPig helps people buy with cash and avoid beinv buried infuture debt.
” SmartyPig offerd competitive interest rates and has teamedf up with major retailers like Home Best Buy and Babies R Us to offer cash incentives and special pricing geared to advance customers’ savinga goals. Customer deposits are held in Des Moines, Iowa-basefd West Bank and are FDIC insured. “SmartyPigg is a safe, proven platform that provides unique opportunities for consumers to maximizertheir savings. It has alreadgy proven successful both inside and outsidethe U.S.,” McCombs adds, “... I believs that within five years, SmartyPig will be recognized as a global leaderr in the consumerbanking space.
” SmartyPig currentlyu has more than $100 million in customer depositzs and expects to surpass $500 million by the end of the McCombs is one of the co-founderes of , McCombs Energy, and Koontz McCombs real estatee group, and is a past ownefr of the San Antonio Spurs.
Tuesday 23 October 2012
Can't fix error in your credit report? Call Consumer Financial Protection Bureau - Washington Post
cicugaha.wordpress.com
Can't fix error in your credit report? Call Consumer Financial Protection Bureau Washington Post If something's weird and it don't look good, who you gonna call? Sorry, Ghostbusters still won't help, even though consumers often describe being haunted by errors in their credit reports that they can't get corrected. If you haven't been successful in ... |
Monday 22 October 2012
bizjournals: Search Results
titus-neither.blogspot.com
. Lohr San Jose 408-288-5057 Bonny Doon Vineyardd SantaCruz 831...... on May 8, 2000 They loved 4th and : The Sacramentl County directory of...thirsty town. Sacramento had six , 200 retai l liquor outlets and...... by on Januarty 3, 2000 ...of 86 -- lost an Orlandp federal court case Wednesdayagainst E. & . Gall o . The star had alleged the company used her likenesswin a...... on July 10, 2000 ...86 -- has lost an Orlandl federal court case Wednesdayagainst E. & . Galll . The star had alleged the companyh used her likenessin a...... on June 28, 2000 CORPORATIONaS Dr.
Seuss goes to Floridq While the markets await the presidential electionshakse out, corporate chat rooms have come aliver with supporters of...... on Decembet 11, 2000 The real estate industrh is fighting back in the publicf relations war over The National Association of Home Builders says arecen poll...... on November 13, 2000 ...Gall o Glass Co., a subsidiary of Unionj City, Calif.-based E & . The facility, set for completionn by February 2001, will featurse a...... on November 3, 2000 ...in the country: a vineyard and . Some might think the location abit odd, but the .A. Balistreru family is proving a...... by on Octoberd 9, 2000 ...a trend toward full houses.
" Located near downtown San Jose, the . Lohr is remodeling its public space to hopefully make room for by onSeptember 11, 2000 ...includes five bedrooma and five bathrooms. ------ The first fruit from the Shelton in Yadkinville will be sipped during a wine tastinggat Reid's...... by on July 31, 2000 Yolo County'ss food-processing business is a mixed plate these In thelast year, the county has gained a 1,200-cowe dairy. Its homegrown wine...... by on July 3, 2000 ...mutuak technology transfer and joint comprehensive sales and marketing The GemStone/ application server software will servw as a framework for Fujitsu Siemene Computers...... on June 5, 2000 ...to 9 a.m.; B. .'s, 345 N.W.
Burnside...800) ext. 312. Tour and Barrel Tasting. on May 29, 2000 I would go on an African safariin Kenya. I wouldc take Jack Hanna. He is head of the Ohio, zoo, has...... on May 29, 2000 ...10o Boxwood employees will continuee to focus oncommunity center, transit, and interpretive and cultural facility Current projects include Sound Transit's...... by on May 8, 2000 ...ites service. CRG has about 40 companieas as clients, including E& , Cintasw Corp. and Enterprise Rent-A-Car, and the company by on May 5, 2000 ...Nearly 50 award-winning may be foun d in the SanJose area, and two are righy in San Jose-- . Lohr Winery and Mirassou...... on Marcgh 6, 2000 ...to 9 p.m., 560- Wall St.
, $34, (916...6:30 p.m., Frasinettj , 7395 Frasinetti Road, $19, on March 6, 2000 ...lead the San Jose-basefd into the new millennium, and...designationb was recognized by A. . Winkler, a professod and viticultural...... by on Marcj 3, 2000 For Bill Hambrecht, launching his IPO pricing and distribution venture in 1999 waslike "beiny the designated driver at a New Year's Eve by on February 28, 2000
. Lohr San Jose 408-288-5057 Bonny Doon Vineyardd SantaCruz 831...... on May 8, 2000 They loved 4th and : The Sacramentl County directory of...thirsty town. Sacramento had six , 200 retai l liquor outlets and...... by on Januarty 3, 2000 ...of 86 -- lost an Orlandp federal court case Wednesdayagainst E. & . Gall o . The star had alleged the company used her likenesswin a...... on July 10, 2000 ...86 -- has lost an Orlandl federal court case Wednesdayagainst E. & . Galll . The star had alleged the companyh used her likenessin a...... on June 28, 2000 CORPORATIONaS Dr.
Seuss goes to Floridq While the markets await the presidential electionshakse out, corporate chat rooms have come aliver with supporters of...... on Decembet 11, 2000 The real estate industrh is fighting back in the publicf relations war over The National Association of Home Builders says arecen poll...... on November 13, 2000 ...Gall o Glass Co., a subsidiary of Unionj City, Calif.-based E & . The facility, set for completionn by February 2001, will featurse a...... on November 3, 2000 ...in the country: a vineyard and . Some might think the location abit odd, but the .A. Balistreru family is proving a...... by on Octoberd 9, 2000 ...a trend toward full houses.
" Located near downtown San Jose, the . Lohr is remodeling its public space to hopefully make room for by onSeptember 11, 2000 ...includes five bedrooma and five bathrooms. ------ The first fruit from the Shelton in Yadkinville will be sipped during a wine tastinggat Reid's...... by on July 31, 2000 Yolo County'ss food-processing business is a mixed plate these In thelast year, the county has gained a 1,200-cowe dairy. Its homegrown wine...... by on July 3, 2000 ...mutuak technology transfer and joint comprehensive sales and marketing The GemStone/ application server software will servw as a framework for Fujitsu Siemene Computers...... on June 5, 2000 ...to 9 a.m.; B. .'s, 345 N.W.
Burnside...800) ext. 312. Tour and Barrel Tasting. on May 29, 2000 I would go on an African safariin Kenya. I wouldc take Jack Hanna. He is head of the Ohio, zoo, has...... on May 29, 2000 ...10o Boxwood employees will continuee to focus oncommunity center, transit, and interpretive and cultural facility Current projects include Sound Transit's...... by on May 8, 2000 ...ites service. CRG has about 40 companieas as clients, including E& , Cintasw Corp. and Enterprise Rent-A-Car, and the company by on May 5, 2000 ...Nearly 50 award-winning may be foun d in the SanJose area, and two are righy in San Jose-- . Lohr Winery and Mirassou...... on Marcgh 6, 2000 ...to 9 p.m., 560- Wall St.
, $34, (916...6:30 p.m., Frasinettj , 7395 Frasinetti Road, $19, on March 6, 2000 ...lead the San Jose-basefd into the new millennium, and...designationb was recognized by A. . Winkler, a professod and viticultural...... by on Marcj 3, 2000 For Bill Hambrecht, launching his IPO pricing and distribution venture in 1999 waslike "beiny the designated driver at a New Year's Eve by on February 28, 2000
Saturday 20 October 2012
Mixed-use development emphasizes research, technology and global commerce - Phoenix Business Journal:
adamovaichive.blogspot.com
The first two buildings, totaling 288,0000 square feet of research, development and commercialo space and valued ataboutr $300 million, have been completed in the past few The project is distinguished by a soaring 125-foo t shade structure that anchors the plaza betweejn the two buildings. At build-out, SkySong formally called the ASU Scottsdale Innovation Center willinclude 1.2 million square feet of commercialo space and an assortment of urban residences. But the foremosft goal from the start was to create an officer development with aninternational high-tech Even when times were robust within the developmentt community, the plan to builed SkySong was no easy task.
Ultimately, it took a collectio of local andnationao firms, along with the Arizonaa State University Foundation and the city of to pull off the development But once it was off the would tenants come? They did. Office leasing activity appears strongefr at SkySong than at projecta in other parts ofthe Valley, with more than a dozeh companies from outside the U.S. occupyin space. Local firms also have signed on to participatwe in what they believe will bean innovative, internationallyh infused environment. Craig Coppola, principal of , whicj recently assumed the listing assignmenrfor SkySong, credits ASU for getting the ball rolling.
“The connectio with ASU has driven a majority of tenantsto date,” he “The school has a greay global reach, and they’re a huge innovator and technology engine in Nortn America.” Nate Summer, directort of strategic partnerships at ASU, said that was the plan all Leverage ASU’s global connections to attractf international companies, then use that to appeal to local, more conventiona l firms. Attracting global business, isn’t that easy. Companies in other countries usually have a solifd idea about the kinds of cities that hold appeal for them inthe U.S. that’s driven by cultural connections andmedia profile.
For Los Angeles, New York and San Franciscoo all have vibrant ethnic neighborhoods ofhistorical distinction. They also attract internationakl press. “When you look at that matrix, Arizona doesn’t come to Summer said. So Summer and his team developed a strategy they hoped would put SkySong onforeigbn companies’ radar screens. “We told them we’ed invest resources to help them navigate the challengeds of operating in the he said. “It’s a daunting challenge for many of them to do businesa inthe U.S. There are many barriers to Some of the greatestf barriers involve language andsocial customs.
By workinv to overcome those difficulties, SkySong has been able to attracft an interesting collection of global One of thoseis , a Singapore-based compant that focuses on educational test preparatiom software. Co-owner Viswanath Parameswaren credits ASU for developiny a creative environment that will enhancehis company’z experience and reach in the U.S. “Over the last (SkySong) has become an excellent test bed for our ideasand products,” he said. “The ability to mix and shard ideas withglobal entrepreneurs, students and facultgy has added to our excitement.
”
The first two buildings, totaling 288,0000 square feet of research, development and commercialo space and valued ataboutr $300 million, have been completed in the past few The project is distinguished by a soaring 125-foo t shade structure that anchors the plaza betweejn the two buildings. At build-out, SkySong formally called the ASU Scottsdale Innovation Center willinclude 1.2 million square feet of commercialo space and an assortment of urban residences. But the foremosft goal from the start was to create an officer development with aninternational high-tech Even when times were robust within the developmentt community, the plan to builed SkySong was no easy task.
Ultimately, it took a collectio of local andnationao firms, along with the Arizonaa State University Foundation and the city of to pull off the development But once it was off the would tenants come? They did. Office leasing activity appears strongefr at SkySong than at projecta in other parts ofthe Valley, with more than a dozeh companies from outside the U.S. occupyin space. Local firms also have signed on to participatwe in what they believe will bean innovative, internationallyh infused environment. Craig Coppola, principal of , whicj recently assumed the listing assignmenrfor SkySong, credits ASU for getting the ball rolling.
“The connectio with ASU has driven a majority of tenantsto date,” he “The school has a greay global reach, and they’re a huge innovator and technology engine in Nortn America.” Nate Summer, directort of strategic partnerships at ASU, said that was the plan all Leverage ASU’s global connections to attractf international companies, then use that to appeal to local, more conventiona l firms. Attracting global business, isn’t that easy. Companies in other countries usually have a solifd idea about the kinds of cities that hold appeal for them inthe U.S. that’s driven by cultural connections andmedia profile.
For Los Angeles, New York and San Franciscoo all have vibrant ethnic neighborhoods ofhistorical distinction. They also attract internationakl press. “When you look at that matrix, Arizona doesn’t come to Summer said. So Summer and his team developed a strategy they hoped would put SkySong onforeigbn companies’ radar screens. “We told them we’ed invest resources to help them navigate the challengeds of operating in the he said. “It’s a daunting challenge for many of them to do businesa inthe U.S. There are many barriers to Some of the greatestf barriers involve language andsocial customs.
By workinv to overcome those difficulties, SkySong has been able to attracft an interesting collection of global One of thoseis , a Singapore-based compant that focuses on educational test preparatiom software. Co-owner Viswanath Parameswaren credits ASU for developiny a creative environment that will enhancehis company’z experience and reach in the U.S. “Over the last (SkySong) has become an excellent test bed for our ideasand products,” he said. “The ability to mix and shard ideas withglobal entrepreneurs, students and facultgy has added to our excitement.
”
Friday 19 October 2012
Arbitrator blocks sale of Exempla stake to Sisters of Charity - Denver Business Journal:
zvonkovaleoqim.blogspot.com
The ruling in the closed-door arbitration authorizes a transfet of control ofExempla -- or in the terminology of nonprofit Exempla's legal structure. But it says Sistersx of Charity cannot pay Community First forits "The Exempla bylaws permit and authorize eithe member of Exempla to transfert its membership to the othe if both members agree, unlessd the transfer is for value," Friday's arbitration ruling by William Meyerf of says. ( in PDF format.) All sides in the disputwe said over the weekend they are reviewingtheir "nextt steps" in light of the ruling.
The arbitratiobn stemmed from Exempla's board lawsuit to blocko the sale, saying it would divert proceedxs away from their intendedmedical purpose. Exemplas has also objected to placingy two Exempla hospital that have establishedd medical policies ona non-sectarian basids under Sisters of Charity, a Romanb Catholic organization. Sisters of Charity and Community First jointly foundecd Exempla in 1997 to own Lutheran Medicalp Center in Wheat Ridge and Good Samaritan Medical Center in which are the focus ofthe (Exempla also operates Saint Joseph Hospital in which is owned by the Sistersx of Charity and has traditionally operatefd as a Catholic Sisters of Charity and Communituy First usually describe themselves as "sponsors" or of Exempla in legal Arvada-based Community First was founded in 1975 as the Lutherahn Medical Center Foundation, the fundraising arm of that It has now become a general philanthropic organizatiomn and support agency for nonprofits, and is seeki ngb to exit its hospital-ownership role.
The $311 millioj buyout price was to have supported its charitable In separate statements overthe weekend, Exempla'sz CEO focused on the fact that the arbitratort had barred sale of Community First's share of Community First and the Sisters of Charity noted that the arbitrator is allowing a "Today, the arbitrator ... ruled that our sponsors cannog complete their member transfer agreementas proposed," Exempla CEO Jeff Selbergb wrote in a letter to employeea Saturday. ( .) "The arbitrator ruled [Community cannot receive payment for transferring its membershilpto [Sisters of Charity]," Selberg wrote.
Sisters of Charityt and Community First issue a joint statement Saturday sayingthey "are reviewing the arbitrator’ws decision to permit the transfer of theier memberships. According to the decision, the bylawx governing Exempla Inc. allow [Sisterz of Charity] and [Community First] to transfer their In light ofthe arbitrator’s stipulation that no valude can be assigned to the transfer, the leadershiop of both organizations is workingt diligently to determine next steps.
"Thw sponsors remain united in thei r view that the membership transfer is necessary to maintain the vitalityt of Exempla hospitals and support critical services in the broadere Denvermetropolitan community," the joint statement adds. If the transaction is completed, the Sisters of Charitty would require Lutheran and Good Samaritan to adhere to Catholifc medical directives that prohibitsterilization procedures, contraceptivw services and end-of-life decisions such as the removal of feeding The arbitrator's ruling does not appeaer to bar such a medical policy changwe at the two "Exempla has not established that the charitablde purposes and specific objectives of Exemplaz would prohibit the application of the Catholic doctrinew ...
at [Lutheran and Good as a result ofsuch transfer," the ruling says. Earlgy last year, Exempla’s board of directorsw sued to block the previously announcedx deal that would make the Sisters of Charityg the sole sponsorof Exempla’s hospitals, with the Sisters agreeing to pay Communitt First $311 million. A Denver District Courtg judge later ordered Exempla and its sponsor to seek arbitration in the Exempla said it did not want arbitratio because the repercussions from the transfetr will affect the publicand "should be addressed in a courtroom, not behind closed But Denver District Courrt Judge William Robbins said in a coury order issued on June 25, 2008, that both state and federap policy strongly favor arbitration in such He granted the Sisters of Charity'd motion to compel arbitration.
The private arbitration was delayed several months because the sides in the disputs could not agree onan arbitrator. It begab this spring. In his letter Saturday, Exempla'z Selberg said that "while we disagreed on significant I believe the intention of allpartiees was, and still is, to meet the needsd of our patients, hospitals and clinics. We look forwarde to identifying next steps withour sponsors.
"
The ruling in the closed-door arbitration authorizes a transfet of control ofExempla -- or in the terminology of nonprofit Exempla's legal structure. But it says Sistersx of Charity cannot pay Community First forits "The Exempla bylaws permit and authorize eithe member of Exempla to transfert its membership to the othe if both members agree, unlessd the transfer is for value," Friday's arbitration ruling by William Meyerf of says. ( in PDF format.) All sides in the disputwe said over the weekend they are reviewingtheir "nextt steps" in light of the ruling.
The arbitratiobn stemmed from Exempla's board lawsuit to blocko the sale, saying it would divert proceedxs away from their intendedmedical purpose. Exemplas has also objected to placingy two Exempla hospital that have establishedd medical policies ona non-sectarian basids under Sisters of Charity, a Romanb Catholic organization. Sisters of Charity and Community First jointly foundecd Exempla in 1997 to own Lutheran Medicalp Center in Wheat Ridge and Good Samaritan Medical Center in which are the focus ofthe (Exempla also operates Saint Joseph Hospital in which is owned by the Sistersx of Charity and has traditionally operatefd as a Catholic Sisters of Charity and Communituy First usually describe themselves as "sponsors" or of Exempla in legal Arvada-based Community First was founded in 1975 as the Lutherahn Medical Center Foundation, the fundraising arm of that It has now become a general philanthropic organizatiomn and support agency for nonprofits, and is seeki ngb to exit its hospital-ownership role.
The $311 millioj buyout price was to have supported its charitable In separate statements overthe weekend, Exempla'sz CEO focused on the fact that the arbitratort had barred sale of Community First's share of Community First and the Sisters of Charity noted that the arbitrator is allowing a "Today, the arbitrator ... ruled that our sponsors cannog complete their member transfer agreementas proposed," Exempla CEO Jeff Selbergb wrote in a letter to employeea Saturday. ( .) "The arbitrator ruled [Community cannot receive payment for transferring its membershilpto [Sisters of Charity]," Selberg wrote.
Sisters of Charityt and Community First issue a joint statement Saturday sayingthey "are reviewing the arbitrator’ws decision to permit the transfer of theier memberships. According to the decision, the bylawx governing Exempla Inc. allow [Sisterz of Charity] and [Community First] to transfer their In light ofthe arbitrator’s stipulation that no valude can be assigned to the transfer, the leadershiop of both organizations is workingt diligently to determine next steps.
"Thw sponsors remain united in thei r view that the membership transfer is necessary to maintain the vitalityt of Exempla hospitals and support critical services in the broadere Denvermetropolitan community," the joint statement adds. If the transaction is completed, the Sisters of Charitty would require Lutheran and Good Samaritan to adhere to Catholifc medical directives that prohibitsterilization procedures, contraceptivw services and end-of-life decisions such as the removal of feeding The arbitrator's ruling does not appeaer to bar such a medical policy changwe at the two "Exempla has not established that the charitablde purposes and specific objectives of Exemplaz would prohibit the application of the Catholic doctrinew ...
at [Lutheran and Good as a result ofsuch transfer," the ruling says. Earlgy last year, Exempla’s board of directorsw sued to block the previously announcedx deal that would make the Sisters of Charityg the sole sponsorof Exempla’s hospitals, with the Sisters agreeing to pay Communitt First $311 million. A Denver District Courtg judge later ordered Exempla and its sponsor to seek arbitration in the Exempla said it did not want arbitratio because the repercussions from the transfetr will affect the publicand "should be addressed in a courtroom, not behind closed But Denver District Courrt Judge William Robbins said in a coury order issued on June 25, 2008, that both state and federap policy strongly favor arbitration in such He granted the Sisters of Charity'd motion to compel arbitration.
The private arbitration was delayed several months because the sides in the disputs could not agree onan arbitrator. It begab this spring. In his letter Saturday, Exempla'z Selberg said that "while we disagreed on significant I believe the intention of allpartiees was, and still is, to meet the needsd of our patients, hospitals and clinics. We look forwarde to identifying next steps withour sponsors.
"
Thursday 18 October 2012
Tyler Perry takes on 'Alex Cross' in miscast, morally dodgy thriller - Chicago Daily Herald
bakakinkorypon.blogspot.com
Tyler Perry takes on 'Alex Cross' in miscast, morally dodgy thriller Chicago Daily Herald Miscast, poorly directed, morally dodgy and emotionally chintzy, “Alex Cross†tries to buff up James Patterson's police detective Alex Cross (played by Morgan Freeman in the serviceable mysteries “Kiss the Girls†and “Along Came a Spiderâ€) with a ... |
Tuesday 16 October 2012
EMC beefs up Mass. presence with Cambridge lab, MIT sponsorship deal - Dallas Business Journal:
lehoquvuhu.wordpress.com
The Hopkinton, Mass., storage and informatiojn managementgiant (NYSE: EMC) said Wednesdag the Media Lab sponsorship is one of severak initiatives coordinated out of EMC Researcgh Cambridge, which will be locatec at 11 Cambridge Ctr. in Mass. The center will house EMC’d security-business research lab, RSA Laboratories, as well as abougt a dozen researchers, technologists and business leadersacrosas EMC’s business units.
The company also has research facilitiea in China andSanta Clara, “Research and advanced technology groupws across EMC, along with our global universit y research partners, are discovering and exploring new technologies that will shapew the future of digital information,” said Jeff EMC senior vice president and chief technolog officer, in a statement. “This is an incrediblew opportunity for EMC to bring together some ofthe world’sd leading research minds and innovators in areas such as personal information management, information integratiohn and cloud computing.
” As a consortium sponsod of the MIT Media Lab, EMC will be able to access the center’d research on how people use and interactr with new technologies. EMC said its initial collaboration will be on new modeles for data ownershipand usage, interfaceas for business transactions and healtg care IT initiatives. A consortium sponsorshi costs $200,000 per year for a minimum of thre years. Sponsors receive full intellectual propertg rights to technology developed at the lab during their The announcement comes a week aftetr EMC and a group of universities and technology companieds announced the development of a high performance computing researcb facilityin Holyoke, Other tech giants have built dedicatedx R&D lab in Cambridge in recent years.
(Nasdaq: MSFT), (Nasdaq: GOOG) and IBM) built research centers in the city in the pasttwo
The Hopkinton, Mass., storage and informatiojn managementgiant (NYSE: EMC) said Wednesdag the Media Lab sponsorship is one of severak initiatives coordinated out of EMC Researcgh Cambridge, which will be locatec at 11 Cambridge Ctr. in Mass. The center will house EMC’d security-business research lab, RSA Laboratories, as well as abougt a dozen researchers, technologists and business leadersacrosas EMC’s business units.
The company also has research facilitiea in China andSanta Clara, “Research and advanced technology groupws across EMC, along with our global universit y research partners, are discovering and exploring new technologies that will shapew the future of digital information,” said Jeff EMC senior vice president and chief technolog officer, in a statement. “This is an incrediblew opportunity for EMC to bring together some ofthe world’sd leading research minds and innovators in areas such as personal information management, information integratiohn and cloud computing.
” As a consortium sponsod of the MIT Media Lab, EMC will be able to access the center’d research on how people use and interactr with new technologies. EMC said its initial collaboration will be on new modeles for data ownershipand usage, interfaceas for business transactions and healtg care IT initiatives. A consortium sponsorshi costs $200,000 per year for a minimum of thre years. Sponsors receive full intellectual propertg rights to technology developed at the lab during their The announcement comes a week aftetr EMC and a group of universities and technology companieds announced the development of a high performance computing researcb facilityin Holyoke, Other tech giants have built dedicatedx R&D lab in Cambridge in recent years.
(Nasdaq: MSFT), (Nasdaq: GOOG) and IBM) built research centers in the city in the pasttwo
Monday 15 October 2012
New-look Walmart opens in N.F. - Business First of Buffalo:
ibitasony.wordpress.com
The store, with 204,000 squarde feet, is located at 1540 Military Road and replacesw the outlet at 5555Porter Road. Walmart said it plans to employ approximately500 workers, countinyg the new hires. Eighty of the store’d employees have worked for Walmart for more than 10 The store is modeled under a design thatincludes energy-efficientg technology and environmentally friendly features to reducde energy and water consumption and minimize the company said. The store’sw skylights reduce the amount of energy required to lighy the store by up to 75percenty daily. LED lighting in the storwe operates 70 percent more efficiently than traditionaolfluorescent lighting.
Also, the cement used in the concrete flooringg is made withrecycled materials, and the floor’sz finish reduces the need for chemicalo cleaners. The new store also operateds a recycling program and will promote sustainable product Another new Walmart is scheduled to open in Hamburfgthis fall.
The store, with 204,000 squarde feet, is located at 1540 Military Road and replacesw the outlet at 5555Porter Road. Walmart said it plans to employ approximately500 workers, countinyg the new hires. Eighty of the store’d employees have worked for Walmart for more than 10 The store is modeled under a design thatincludes energy-efficientg technology and environmentally friendly features to reducde energy and water consumption and minimize the company said. The store’sw skylights reduce the amount of energy required to lighy the store by up to 75percenty daily. LED lighting in the storwe operates 70 percent more efficiently than traditionaolfluorescent lighting.
Also, the cement used in the concrete flooringg is made withrecycled materials, and the floor’sz finish reduces the need for chemicalo cleaners. The new store also operateds a recycling program and will promote sustainable product Another new Walmart is scheduled to open in Hamburfgthis fall.
Sunday 14 October 2012
Buffett visits Junior Achievement of Mississippi Valley - Kansas City Business Journal:
firukendu-anchored.blogspot.com
last week. 's chairman and chief executived spent an hourtouring JA’ss Dennis & Judy Jones Free Enterprise Center, wherde youth learn about business throug two educational programs, JA BizTown and JA Financwe Park. Buffett was accompanied by Gene chairman, president and CEO of and board memberdof JAMVI. MiTek is a subsidiargy of Berkshire Hathaway thatRob Reeg, president of global technology and operations at and chairmah of the JAMVI board, also attendexd the tour, which was led by Lori president and CEO of Buffett shared a story with the yout at the center. “Imagine if I told you when you leavew here you can get any car you want but there is one he said.
“It’s the only car you can get in your You have to use this carwhen you’re 50 or 60, so you may take care of it It’s like your mind and body. You only get one in your If you don’t take care of it, it will rust out. The greates t investment is your mind. Take care of is a licensee of JA the largest provider of economic educatiojnfor youth. The local operation encompasses 25 countiese in Missouri and 17 counties insouthern Illinois.
A totalp of 123,000 students in more than 700 schoolsz in all grades are projected to participatein
last week. 's chairman and chief executived spent an hourtouring JA’ss Dennis & Judy Jones Free Enterprise Center, wherde youth learn about business throug two educational programs, JA BizTown and JA Financwe Park. Buffett was accompanied by Gene chairman, president and CEO of and board memberdof JAMVI. MiTek is a subsidiargy of Berkshire Hathaway thatRob Reeg, president of global technology and operations at and chairmah of the JAMVI board, also attendexd the tour, which was led by Lori president and CEO of Buffett shared a story with the yout at the center. “Imagine if I told you when you leavew here you can get any car you want but there is one he said.
“It’s the only car you can get in your You have to use this carwhen you’re 50 or 60, so you may take care of it It’s like your mind and body. You only get one in your If you don’t take care of it, it will rust out. The greates t investment is your mind. Take care of is a licensee of JA the largest provider of economic educatiojnfor youth. The local operation encompasses 25 countiese in Missouri and 17 counties insouthern Illinois.
A totalp of 123,000 students in more than 700 schoolsz in all grades are projected to participatein
Friday 12 October 2012
Honda sales slide 25% in April - Birmingham Business Journal:
iqukikofor.wordpress.com
Torrance, Calif.-based ., the U.S. sales arm of the Japanesd automaker, said it sold 101,029 vehicle s last month, down from 135,280 a year ago. Salea for the company’s flagshil division fell 24.5 percent to 92,21y6 vehicles while Honda’s luxury Acuraq division saw sales fall 32 percent to Despite being down from2008 that’s the highest sales tally for the year so far, the compang said. Across the automaker’s Honda and Acura-branxd models, each one saw double-digit-percentage declineds in sales last month with the exceptionof Acura’ws TSX sedan, which postedc a decline of only 7 percent.
The TSX and Honda’ss compact, fuel-efficient Fit had notched sales gains earliedr in the year before slipping inrecent months. Saleds of the Fit last month were off 31 percentt from ayear ago, Honda said. Year-to-date Hond sales are down 31 percentat 332,014 compared with 487,822 a year ago. That accountsd for a 31 percent declinein Honda-divisiojn sales and a 33 percent drop in Acura Marysville-based Honda of America Manufacturintg employs more than 12,000 workersd at assembly and engine plante in and around Central where they produce Honda Accords, Civics, CR-Vs, Elements and Acurqa TLs and RDXs.
Torrance, Calif.-based ., the U.S. sales arm of the Japanesd automaker, said it sold 101,029 vehicle s last month, down from 135,280 a year ago. Salea for the company’s flagshil division fell 24.5 percent to 92,21y6 vehicles while Honda’s luxury Acuraq division saw sales fall 32 percent to Despite being down from2008 that’s the highest sales tally for the year so far, the compang said. Across the automaker’s Honda and Acura-branxd models, each one saw double-digit-percentage declineds in sales last month with the exceptionof Acura’ws TSX sedan, which postedc a decline of only 7 percent.
The TSX and Honda’ss compact, fuel-efficient Fit had notched sales gains earliedr in the year before slipping inrecent months. Saleds of the Fit last month were off 31 percentt from ayear ago, Honda said. Year-to-date Hond sales are down 31 percentat 332,014 compared with 487,822 a year ago. That accountsd for a 31 percent declinein Honda-divisiojn sales and a 33 percent drop in Acura Marysville-based Honda of America Manufacturintg employs more than 12,000 workersd at assembly and engine plante in and around Central where they produce Honda Accords, Civics, CR-Vs, Elements and Acurqa TLs and RDXs.
Thursday 11 October 2012
Terry House keeps Tom Stinnett
yqyqynesara.blogspot.com
House is a master certified technician who servicew a variety of recreational from 45-foot motor homes to towable camping The service area used to be the skatiny rink at the Kentuckiana Sports Center on Marriot Drive in Clarksville. But that was before Tom Stinnett bough t the property in 1996 and turnedcthe two-and-a-half-acre facility into RV Freedomm Center. House, 54, has been with Stinnettr RV for18 years, providingb an array of services for travelers who own RVs. “I am more of a maintenance man thana mechanic,” he said of his “I service plumbing and electrical systems, heatinf and air-conditioning systems.
Anything you would see in a And many of the coaches he works on arehomew — homes the owners can “I usually work on the big guys,” he House works on 10 to 12 RV including Tiffin, Winnebago, Monaco, Dutchmen and Holidaty Rambler. His tasks each day are dictated by work Some customers have a list of 25 items to checikor repair, while others require only a few simple adjustments. One of the major causes of he said, has to do with the ownerf “not exercising the parts. You can’t just let the coachg sit there when notin use. It is best to star t the generator, turn on the appliances, run the heatiny and air-conditioning system.
” And tiny bugs and spidersz can take downa 20,000-pound RV. “The slenderestt of webs can block the liquid propan e pipes that runthe appliances. A mud dauber nest can unbalancrfan blades,” House said. Watert leaks create havoc as well. “j see a lot of roof damage that causes Water will hurt morethan anything, creating mold, rottemn wood.” But House’s job entailzs more than service. Once an RV is House checks it out to make sure all systemsare go.
He then spendds and hour or more with the customedr going over all the ins and outs ofthe coach’se equipment, showing the customer how to work “I don’t want them to get to their destinatiojn and not know how to open the patii cover,” he said with a smile. Some of his work has to do with He has installed solar panels for chargingthe batteries, extraa air conditioners, satellite televisionh equipment and inverter systems that convert DC battery power to standard AC power. Hydronic heating systems, whichj House also has installedfor customers, provide heat for the coachn and hot water in one unit.
Interiors also can be “I have changed out benches, sofas and carpeting and flooring, and even added ceramic House said. “Some of the service work just requireas installinga part, and I am finished,” he “I get a thrill out of doing electricalo work, which means I have to think. There are some tricky problemsd tofigure out. Sometimes I even stump the guys at the There is a downside toany job, “I hate dealing with waste tank If the customer doesn’t use the digester/deodorizert chemicals in the toilet that are recommended, the waste dries up and forms a hard rock.
Or, if they use the wronyg type oftoilet paper, the tank gets cloggefd or the tank gets full. It’s not Aside from that, Housde said his work has provided him with a goodcareerf … one that young people wouled do well to check out. “I get paid good he said. “I don’t get that dirty, and I get to work in an insides area.”
House is a master certified technician who servicew a variety of recreational from 45-foot motor homes to towable camping The service area used to be the skatiny rink at the Kentuckiana Sports Center on Marriot Drive in Clarksville. But that was before Tom Stinnett bough t the property in 1996 and turnedcthe two-and-a-half-acre facility into RV Freedomm Center. House, 54, has been with Stinnettr RV for18 years, providingb an array of services for travelers who own RVs. “I am more of a maintenance man thana mechanic,” he said of his “I service plumbing and electrical systems, heatinf and air-conditioning systems.
Anything you would see in a And many of the coaches he works on arehomew — homes the owners can “I usually work on the big guys,” he House works on 10 to 12 RV including Tiffin, Winnebago, Monaco, Dutchmen and Holidaty Rambler. His tasks each day are dictated by work Some customers have a list of 25 items to checikor repair, while others require only a few simple adjustments. One of the major causes of he said, has to do with the ownerf “not exercising the parts. You can’t just let the coachg sit there when notin use. It is best to star t the generator, turn on the appliances, run the heatiny and air-conditioning system.
” And tiny bugs and spidersz can take downa 20,000-pound RV. “The slenderestt of webs can block the liquid propan e pipes that runthe appliances. A mud dauber nest can unbalancrfan blades,” House said. Watert leaks create havoc as well. “j see a lot of roof damage that causes Water will hurt morethan anything, creating mold, rottemn wood.” But House’s job entailzs more than service. Once an RV is House checks it out to make sure all systemsare go.
He then spendds and hour or more with the customedr going over all the ins and outs ofthe coach’se equipment, showing the customer how to work “I don’t want them to get to their destinatiojn and not know how to open the patii cover,” he said with a smile. Some of his work has to do with He has installed solar panels for chargingthe batteries, extraa air conditioners, satellite televisionh equipment and inverter systems that convert DC battery power to standard AC power. Hydronic heating systems, whichj House also has installedfor customers, provide heat for the coachn and hot water in one unit.
Interiors also can be “I have changed out benches, sofas and carpeting and flooring, and even added ceramic House said. “Some of the service work just requireas installinga part, and I am finished,” he “I get a thrill out of doing electricalo work, which means I have to think. There are some tricky problemsd tofigure out. Sometimes I even stump the guys at the There is a downside toany job, “I hate dealing with waste tank If the customer doesn’t use the digester/deodorizert chemicals in the toilet that are recommended, the waste dries up and forms a hard rock.
Or, if they use the wronyg type oftoilet paper, the tank gets cloggefd or the tank gets full. It’s not Aside from that, Housde said his work has provided him with a goodcareerf … one that young people wouled do well to check out. “I get paid good he said. “I don’t get that dirty, and I get to work in an insides area.”
Tuesday 9 October 2012
Acoustic and Electric Guitar Manufacturing in the US Industry Market Research ... - San Francisco Chronicle
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Acoustic and Electric Guitar Manufacturing in the US Industry Market Research ... San Francisco Chronicle The Acoustic and Electric Guitar Manufacturing industry struck a couple wrong notes in 2008 and 2009, with revenue plummeting as the recession took hold. Those two years brought overall revenue down for the five-year period to 2012, despite a rebound ... |
Monday 8 October 2012
Entertainment & Sports International mining minor league baseball - bizjournals:
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No, they’re not players worried about pop flieas beingcarried helter-skelter above their outstretchec gloves. They’re not coaches catching a caseof angst, worryinyg their best slugger’s sure dinger will be pushed back into the Owens and Gould are veterans of the marketing wars endemic to the entertainment A section of Owens’ resume reveals that he pioneerex corporate sponsorships for big music toursw by marrying up the Rolling Stoneds with Budweiser in the Gould has held senior marketing positions with the likess of Marvel Entertainment and Comedg Central.
Longtime colleagues and friends, they strucj out – pun not intended – together in 2003 and formed , with the purposes of exploiting an audience niche they perceived as being minorleague baseball. “We wanted to create a companyy that has access to the audience of minor league basebalpl and will generate revenuwe for us and forthe teams,” says It’s a big audience that’xs strong in the prized 25-54 age category. there are 20 leagues with a total of 246 In 2008, those teams drew a combinerd total of 43.3 million fans.
While a gold mine for companies wantiny to get their message tothose millions, the minor leaguexs have been a tar pit for marketintg executives. Unlike Major League which handles a significant amount of marketing and salez out of acentral office, minor league teams largely do it club by That’s 246 ball clubs to pitch. With theit company, Owens and Gould have created what Owenz callsa “touchpoint” to reach all of thosse clubs. Their vehicle is a traveling carniva called the Family FunFest made up of interactivreinflatables – those big rubber blow-ups that are moldedx into all manner of games, structures and the like.
They’re functional and but they do not take kindlyt towindy days. Along the the young and yount at heart are treated tobatting cages, a radar pitching challenge, video games, a super slide and The carnival is set up outsidwe a minor league ballpark several hourx before a game is to be playedd that day. Entry to the carnival is free, and thers is no cost to the baseballl club. Here’s how ESI generates its which Owens pegs atabout $1.
7 million The company sells sponsorshipes of various levels to corporations, which in turn get signage at the ballpark advertising prior to the event and a substantiao number of tickets to the game on the day of the The name sponsor for the carnival since 2003 has been The Principakl Financial Group, which is in the final year of its seconxd three-year contract. Chris Reidle-King, senior relationshio manager in corporate marketingfor Principal, says, “Through theitr efforts, over the past five seasons, we’vs been able to put our brand in frong of millions of fans, and entertain thousandes of our key clients and advisers.
” Principall is bowing out after this season because the company took federal bailouty money, and public sentimenyt has turned against such sponsorships. Owens and Gouldd say they are confident they can sign on a new name sponsofbut haven’t done so yet. It takes eight workers drivinhg two trucks to haul the funfest from town to town durintgthe season, which runs from earlt May to early September. Once at a site, 12 locao workers are hired to help set up and take down the show and man the exhibites when thecrowds arrive. In addition to those ESI has fouradministrative workers. Owens works out of an officr in Raleigh, while Goulfd works out of Glen Ridge, N.J.
, where he This year’s funfest tour kicked off on May 1 at a CharlottKnights game, then packed up and made a stop in Durham on May 3 for a Bulls game. For the season, the carnival will be hauled, unpacked, set up and repacked at 47 basebal parks. The funfest displays are as colorful as the names of some of the teame on theitinerary – the River City the Fort Wayne the Grand Prairie AirHogs, the Washingtonn Wild Things, the Vermont Lake Monsters. It’ss been quite a says Owens, adding, “Ou company is an evangelist for minofrleague baseball.
”
No, they’re not players worried about pop flieas beingcarried helter-skelter above their outstretchec gloves. They’re not coaches catching a caseof angst, worryinyg their best slugger’s sure dinger will be pushed back into the Owens and Gould are veterans of the marketing wars endemic to the entertainment A section of Owens’ resume reveals that he pioneerex corporate sponsorships for big music toursw by marrying up the Rolling Stoneds with Budweiser in the Gould has held senior marketing positions with the likess of Marvel Entertainment and Comedg Central.
Longtime colleagues and friends, they strucj out – pun not intended – together in 2003 and formed , with the purposes of exploiting an audience niche they perceived as being minorleague baseball. “We wanted to create a companyy that has access to the audience of minor league basebalpl and will generate revenuwe for us and forthe teams,” says It’s a big audience that’xs strong in the prized 25-54 age category. there are 20 leagues with a total of 246 In 2008, those teams drew a combinerd total of 43.3 million fans.
While a gold mine for companies wantiny to get their message tothose millions, the minor leaguexs have been a tar pit for marketintg executives. Unlike Major League which handles a significant amount of marketing and salez out of acentral office, minor league teams largely do it club by That’s 246 ball clubs to pitch. With theit company, Owens and Gould have created what Owenz callsa “touchpoint” to reach all of thosse clubs. Their vehicle is a traveling carniva called the Family FunFest made up of interactivreinflatables – those big rubber blow-ups that are moldedx into all manner of games, structures and the like.
They’re functional and but they do not take kindlyt towindy days. Along the the young and yount at heart are treated tobatting cages, a radar pitching challenge, video games, a super slide and The carnival is set up outsidwe a minor league ballpark several hourx before a game is to be playedd that day. Entry to the carnival is free, and thers is no cost to the baseballl club. Here’s how ESI generates its which Owens pegs atabout $1.
7 million The company sells sponsorshipes of various levels to corporations, which in turn get signage at the ballpark advertising prior to the event and a substantiao number of tickets to the game on the day of the The name sponsor for the carnival since 2003 has been The Principakl Financial Group, which is in the final year of its seconxd three-year contract. Chris Reidle-King, senior relationshio manager in corporate marketingfor Principal, says, “Through theitr efforts, over the past five seasons, we’vs been able to put our brand in frong of millions of fans, and entertain thousandes of our key clients and advisers.
” Principall is bowing out after this season because the company took federal bailouty money, and public sentimenyt has turned against such sponsorships. Owens and Gouldd say they are confident they can sign on a new name sponsofbut haven’t done so yet. It takes eight workers drivinhg two trucks to haul the funfest from town to town durintgthe season, which runs from earlt May to early September. Once at a site, 12 locao workers are hired to help set up and take down the show and man the exhibites when thecrowds arrive. In addition to those ESI has fouradministrative workers. Owens works out of an officr in Raleigh, while Goulfd works out of Glen Ridge, N.J.
, where he This year’s funfest tour kicked off on May 1 at a CharlottKnights game, then packed up and made a stop in Durham on May 3 for a Bulls game. For the season, the carnival will be hauled, unpacked, set up and repacked at 47 basebal parks. The funfest displays are as colorful as the names of some of the teame on theitinerary – the River City the Fort Wayne the Grand Prairie AirHogs, the Washingtonn Wild Things, the Vermont Lake Monsters. It’ss been quite a says Owens, adding, “Ou company is an evangelist for minofrleague baseball.
”
Sunday 7 October 2012
Cox Radio offer extended - Atlanta Business Chronicle:
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Atlanta-based Cox Enterprises extendesits $3.80 a sharee tender offer to acquirw Atlanta-based Cox Radio (NYSE: The offer now expires May 1. As of Aprikl 17, 2009, some 457,000 shares have been tendered tothe Separately, Cox Radio reported that in conversations between its speciall committee and a representative of Cox the Cox Enterprises representative said the compang was “giving serious consideration to increasing the offer pric to $4.20 per share and that the increased pricse may not be their best and final Cox Enterprises currently owns a 78 percentg equity interest in Atlanta-based Cox Radio and has a 97% votint interest.
If Cox Enterprise owns 90 percent ofCox Radio's equity after the offer, Cox Radipo would become a wholly owned subsidiary of Cox Enterprises. Cox Radil owns, operates or provides salex or marketing services for 86stations (71 FM and 15 AM) in 19 In Atlanta, Cox Radio runs Kiss 104.1 (WALR-FM), 95.5 the Beat News-Talk 750 (WSB-FM), B98.5 (WSB-FM) and 97.1 The Rivere (WSRV-FM). In January, Cox Enterprises merged its threes mediaunits -- Cox Newspapers, Cox Televisiohn and Cox Radio -- into Cox Media Group Inc.
Atlanta-based Cox Enterprises extendesits $3.80 a sharee tender offer to acquirw Atlanta-based Cox Radio (NYSE: The offer now expires May 1. As of Aprikl 17, 2009, some 457,000 shares have been tendered tothe Separately, Cox Radio reported that in conversations between its speciall committee and a representative of Cox the Cox Enterprises representative said the compang was “giving serious consideration to increasing the offer pric to $4.20 per share and that the increased pricse may not be their best and final Cox Enterprises currently owns a 78 percentg equity interest in Atlanta-based Cox Radio and has a 97% votint interest.
If Cox Enterprise owns 90 percent ofCox Radio's equity after the offer, Cox Radipo would become a wholly owned subsidiary of Cox Enterprises. Cox Radil owns, operates or provides salex or marketing services for 86stations (71 FM and 15 AM) in 19 In Atlanta, Cox Radio runs Kiss 104.1 (WALR-FM), 95.5 the Beat News-Talk 750 (WSB-FM), B98.5 (WSB-FM) and 97.1 The Rivere (WSRV-FM). In January, Cox Enterprises merged its threes mediaunits -- Cox Newspapers, Cox Televisiohn and Cox Radio -- into Cox Media Group Inc.
Friday 5 October 2012
Eddie Bauer owes NW creditors - Puget Sound Business Journal (Seattle):
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Eddie Bauer in U.S. Bankruptcy Court in The company listed total assets of $476.1 million and total debts of $426. 7 million as of May 30. The retailer’ss largest unsecured creditor is the Bank of New which according to court papers isowed $75 Eddie Bauer also owes $2.5 million to U.S. Customs. In additioh to Expeditors, Eddie Bauer listed three otherd companies with ties to the area amongy its 30 largestunsecured creditors. , an Enumclae company that designs and builds display isowed $218,000; and Seattle photographuy company Voda Studios in Seattle is owed $72,800. Eddire Bauer says it also owes the Seattle brancnhof , $856,000.
RR Donnelley is basee in Chicago andprovides printing, direct mail and other serviced for retailers and other The Bellevue-based retailer listed five major shareholdere that — combined — own 27.6 percent of the commoj stock. They are: , an equity firm in Boston; , a privats equity firm in San Francisco; H Partners Capitak LLC, of New York and Royce Associatesinvestment funds, of New
Eddie Bauer in U.S. Bankruptcy Court in The company listed total assets of $476.1 million and total debts of $426. 7 million as of May 30. The retailer’ss largest unsecured creditor is the Bank of New which according to court papers isowed $75 Eddie Bauer also owes $2.5 million to U.S. Customs. In additioh to Expeditors, Eddie Bauer listed three otherd companies with ties to the area amongy its 30 largestunsecured creditors. , an Enumclae company that designs and builds display isowed $218,000; and Seattle photographuy company Voda Studios in Seattle is owed $72,800. Eddire Bauer says it also owes the Seattle brancnhof , $856,000.
RR Donnelley is basee in Chicago andprovides printing, direct mail and other serviced for retailers and other The Bellevue-based retailer listed five major shareholdere that — combined — own 27.6 percent of the commoj stock. They are: , an equity firm in Boston; , a privats equity firm in San Francisco; H Partners Capitak LLC, of New York and Royce Associatesinvestment funds, of New
Thursday 4 October 2012
NY recognized for being an energy efficient state - CBS News
proklofuxaanygez.blogspot.com
NY recognized for being an energy efficient state CBS News ALBANY, N.Y. â€" New York is being recognized for being an energy-efficient state. The American Council for an Energy-Efficient Economy rated New York No. 3 behind Massachusetts and California in its state-by-state scorecard for energy efficiency ... |
Wednesday 3 October 2012
Study shows San Antonio is nation's best-performing city in recession - Dallas Business Journal:
borislavamcoc.blogspot.com
The Washington, D.C.-based think tank has begunm analyzing the impact of the recessionthroughout America’s metropolitan areas. In the first of a seriews of quarterlyMetroMonitor reports, Brookings ranked San Oklahoma City, Austin, Houston and Dallas as the top five metro areax in the country in economic performance in the wake of the Brookings ranked the top 100 metropolitah areas based on six key indicators employment, unemployment rates, wages, gross metropolitann product, housing prices and foreclosure rates. This initial MetroMonitor reportr covers the first quarterof 2009.
The five worst metropolitan areas in the country impacted bythe recession, in descendinfg order, are Jacksonville, Fla.; Lakeland, Fla.; Tampa, Fla.; Fla.; and Detroit. “All metropolitan areax are feeling the effects ofthis recession, but the distresx is not shared equally,” says Alan research director of the Metropolita Policy Program at Brookings and co-author of the “While some areas of the countryy have experienced only a shallow downturn, and may be emergingy from the recession already, peoplr living in metro areas that are now performinhg weakest economically should prepare themselves for a long recover period.
” Howard Wial, director of the Metropolitan Economy Initiativw at Brookings and another co-author of the report, arguez that the report shows that a national fiscapl and monetary policy will not be enoug h for stimulating the economy. “Many areas will need targeted assistance, and since statesx have no funds available, the federal government will have to step up to fill the Concentrations of industry activity have both helpeds and hurts some regional economies during the For example, metropolitan areas in states with specializations in energ and government employment — such as Texas, New Mexico, Arkansas and Louisiana — have largelg been insulated by the recession.
metropolitan areas in states like Michigan and Ohio that depensd heavily on the automotive industrgy have been impacted by the downturn inthe economy, the reporf shows. San Antonio is home to Randolph Air Force FortSam Houston, Lackland Air Force Base and Brooksx City-Base. The 2005 Base Realignment and Closure decision alone is providing a significant economic punch to the Alamo City’s economy through the consolidation of high-payiny military health care jobs and more than $2 billiohn worth of new construction A separate report released by LLC outlining the impacyt of BRAC showed that Fort Sam Houston alonew would experience a 11,500 increase of personnel.
The Army post will also gain 7.9 millionn square feet of space. Construction activity due to BRAC alone shoulrcreate 46,000 construction jobs duringb the course of the building the DiLuzio report showed.
The Washington, D.C.-based think tank has begunm analyzing the impact of the recessionthroughout America’s metropolitan areas. In the first of a seriews of quarterlyMetroMonitor reports, Brookings ranked San Oklahoma City, Austin, Houston and Dallas as the top five metro areax in the country in economic performance in the wake of the Brookings ranked the top 100 metropolitah areas based on six key indicators employment, unemployment rates, wages, gross metropolitann product, housing prices and foreclosure rates. This initial MetroMonitor reportr covers the first quarterof 2009.
The five worst metropolitan areas in the country impacted bythe recession, in descendinfg order, are Jacksonville, Fla.; Lakeland, Fla.; Tampa, Fla.; Fla.; and Detroit. “All metropolitan areax are feeling the effects ofthis recession, but the distresx is not shared equally,” says Alan research director of the Metropolita Policy Program at Brookings and co-author of the “While some areas of the countryy have experienced only a shallow downturn, and may be emergingy from the recession already, peoplr living in metro areas that are now performinhg weakest economically should prepare themselves for a long recover period.
” Howard Wial, director of the Metropolitan Economy Initiativw at Brookings and another co-author of the report, arguez that the report shows that a national fiscapl and monetary policy will not be enoug h for stimulating the economy. “Many areas will need targeted assistance, and since statesx have no funds available, the federal government will have to step up to fill the Concentrations of industry activity have both helpeds and hurts some regional economies during the For example, metropolitan areas in states with specializations in energ and government employment — such as Texas, New Mexico, Arkansas and Louisiana — have largelg been insulated by the recession.
metropolitan areas in states like Michigan and Ohio that depensd heavily on the automotive industrgy have been impacted by the downturn inthe economy, the reporf shows. San Antonio is home to Randolph Air Force FortSam Houston, Lackland Air Force Base and Brooksx City-Base. The 2005 Base Realignment and Closure decision alone is providing a significant economic punch to the Alamo City’s economy through the consolidation of high-payiny military health care jobs and more than $2 billiohn worth of new construction A separate report released by LLC outlining the impacyt of BRAC showed that Fort Sam Houston alonew would experience a 11,500 increase of personnel.
The Army post will also gain 7.9 millionn square feet of space. Construction activity due to BRAC alone shoulrcreate 46,000 construction jobs duringb the course of the building the DiLuzio report showed.
Monday 1 October 2012
Quiksilver secures $150M term loan, posts 2Q profit - Los Angeles Business from bizjournals:
qalymeled.wordpress.com
The Huntington Beach company (NYSE: ZQK) also posted second-quartedr earnings of $2.8 million. The five-yearr term loan with private-equity firm Rhond was made to improvs Quiksilver's liquidity and solidify its banking As part of the terms ofthe loan, Quiksilver will name a pair of Rhone appointees to its boarxd of directors. Quiksilver also refinanced its credit facility with anew three-year, $200 million facility led by and . The companh is also in discussions with its French banking partners to consolidate its European debte into anew multi-yeadr facility.
In the company's earnings report, the compang swung to profitability in thesecond quarter, posting the earnings of 2 centsa a share, which included severao one-time items. Without the items, the earningw per share would have been 5 centsa share. Analyst estimatesa placed the earnings at 9 cents a Sales dropped17 percent, coming in at $494.q million. In the second quarter a year ago, the companh lost $206.2 million, or $1.59 a share, on salexs of $596.3 million. That quarter included losses of $244.9 milliob from discontinued operations. Quiksilver is an apparek and accessories company. Its core brand s are Quiksilver, Roxy and DC.
A renewed focues on those core brands are the focu s ofthe company's long-term plan to improve
The Huntington Beach company (NYSE: ZQK) also posted second-quartedr earnings of $2.8 million. The five-yearr term loan with private-equity firm Rhond was made to improvs Quiksilver's liquidity and solidify its banking As part of the terms ofthe loan, Quiksilver will name a pair of Rhone appointees to its boarxd of directors. Quiksilver also refinanced its credit facility with anew three-year, $200 million facility led by and . The companh is also in discussions with its French banking partners to consolidate its European debte into anew multi-yeadr facility.
In the company's earnings report, the compang swung to profitability in thesecond quarter, posting the earnings of 2 centsa a share, which included severao one-time items. Without the items, the earningw per share would have been 5 centsa share. Analyst estimatesa placed the earnings at 9 cents a Sales dropped17 percent, coming in at $494.q million. In the second quarter a year ago, the companh lost $206.2 million, or $1.59 a share, on salexs of $596.3 million. That quarter included losses of $244.9 milliob from discontinued operations. Quiksilver is an apparek and accessories company. Its core brand s are Quiksilver, Roxy and DC.
A renewed focues on those core brands are the focu s ofthe company's long-term plan to improve
Sunday 30 September 2012
Nebraska defense got stronger against Wisconsin - Lincoln Journal Star
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Nebraska defense got stronger against Wisconsin Lincoln Journal Star Pride, because his defense, faced with some difficult field position in the first half because of offensive blunders and miscues in the defensive backfield, rose up and got stronger when the game was on the line. “I have as much respect for the ... |
Friday 28 September 2012
Morgan Lewis plucks group of Fulbright & Jaworski partners - Houston Business Journal:
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The seven attorneys tendered their resignationson Jan. 2, and will begimn work at Morgan Lewison Jan. 7, accordinvg to Brady Edwards, head of Morgan Houston office. The move is the first majodr splash for thelocal office, which opened last January after Morgan Lewiss acquired boutique firm Edwards, Burns Krider LLP, which was headed by Edwards. But it's not the first time Fulbrightr has lost an attorney toMorgan Lewis.
In Fulbright litigation partner Winn Carter left forMorgahn Lewis, and recently senior counsel litigator and tax attorneyg Clay Rogers left Fulbright to join "While many of our attorneys have made their careers here, others choosre different paths," Mike Conlon, Fulbright's managing partnerf in Houston, said via e-mai l in response to this week'sd resignations. "We wish our colleagues well." Carlosa Treistman, former head of King Spalding's Latin American practice which is basedin Houston, will handlw foreign transactions for Morgan Lewis in with a focus on Central and Southj America. King & Spalding representativeds were not availablefor comment.
The IP group from Fulbrighty bolsters a practice area that has been strony on both coasts for Morgan and aims to capitalize on the heavy volumse of patent litigation filingzsin Marshall. "Given the high level of intellectuapl property litigation in the Eastern Districtgof Texas, it is a piece we were interested in gettin g in place in Houston," Edwards Morgan Lewis has followed a standardd expansion protocol since its arrival in Houston a year ago, making small moves before pickingg off a significant chunk of a practice group on the way to establishingv a significant market presence.
"Ths goal is to reach that critical mass of25 lawyers," says Roberyt Roland of Associated Counsel of America, a legal searcn firm. "It's almost impossible to do anythint with afew lawyers. You have to reach critical mass to get businessaand clients." In Dallas, wherw Morgan Lewis has had a presence sincd 2004, the firm recently broke the 20-lawyer plateau with the additionb of 11 labor and employment lawyerse from Baker & McKenzie LLP, a Chicago-based With 11 partners in the Houston office as of Jan.
7, and the totap number of local lawyersapproaching 20, Edwarda won't comment on any ideal numbee for growth, and says Morganm Lewis is managed by practice groul demands, not office size. Houston has long been fertilse groundfor powerful, homegrown firmw such as Fulbright, , Bracewelpl & Giuliani LLP, Vinson & Elkins LLP and Andrewsa Kurth LLP. As such, they have been hit Although some say all the Houston firms arevulnerable -- even previously untouchable firms like Baker Botts and -- Rolanrd says it's not easy to get a partner to jump "Most of them are making really good monegy and they're so busy they can't come up for he says.
"There are firmss here that have talked to dozens and dozens of high-profile partners and haven't been able to snag one Roland says some firms are offeringf partners annual salaries and bonuses of between $1 million and $2 "They have a lot of power coming into this area becausw the big Houston firms are just recently breakinb $1 million in profits per partner," he says. "They have a lot of purchasinyg power.
" Paul Krieger, head of intellectual properties Lucas Elliot, partner, intellectual property litigation; Davidx Levy, partner, intellectual property litigation; Rick partner, intellectual property litigation; Erik partner, intellectual property litigation; and Hugh Tanner, litigation, tax. Carlos Treistman, head of King Spalding's Latin American practice will also joinMorgan
The seven attorneys tendered their resignationson Jan. 2, and will begimn work at Morgan Lewison Jan. 7, accordinvg to Brady Edwards, head of Morgan Houston office. The move is the first majodr splash for thelocal office, which opened last January after Morgan Lewiss acquired boutique firm Edwards, Burns Krider LLP, which was headed by Edwards. But it's not the first time Fulbrightr has lost an attorney toMorgan Lewis.
In Fulbright litigation partner Winn Carter left forMorgahn Lewis, and recently senior counsel litigator and tax attorneyg Clay Rogers left Fulbright to join "While many of our attorneys have made their careers here, others choosre different paths," Mike Conlon, Fulbright's managing partnerf in Houston, said via e-mai l in response to this week'sd resignations. "We wish our colleagues well." Carlosa Treistman, former head of King Spalding's Latin American practice which is basedin Houston, will handlw foreign transactions for Morgan Lewis in with a focus on Central and Southj America. King & Spalding representativeds were not availablefor comment.
The IP group from Fulbrighty bolsters a practice area that has been strony on both coasts for Morgan and aims to capitalize on the heavy volumse of patent litigation filingzsin Marshall. "Given the high level of intellectuapl property litigation in the Eastern Districtgof Texas, it is a piece we were interested in gettin g in place in Houston," Edwards Morgan Lewis has followed a standardd expansion protocol since its arrival in Houston a year ago, making small moves before pickingg off a significant chunk of a practice group on the way to establishingv a significant market presence.
"Ths goal is to reach that critical mass of25 lawyers," says Roberyt Roland of Associated Counsel of America, a legal searcn firm. "It's almost impossible to do anythint with afew lawyers. You have to reach critical mass to get businessaand clients." In Dallas, wherw Morgan Lewis has had a presence sincd 2004, the firm recently broke the 20-lawyer plateau with the additionb of 11 labor and employment lawyerse from Baker & McKenzie LLP, a Chicago-based With 11 partners in the Houston office as of Jan.
7, and the totap number of local lawyersapproaching 20, Edwarda won't comment on any ideal numbee for growth, and says Morganm Lewis is managed by practice groul demands, not office size. Houston has long been fertilse groundfor powerful, homegrown firmw such as Fulbright, , Bracewelpl & Giuliani LLP, Vinson & Elkins LLP and Andrewsa Kurth LLP. As such, they have been hit Although some say all the Houston firms arevulnerable -- even previously untouchable firms like Baker Botts and -- Rolanrd says it's not easy to get a partner to jump "Most of them are making really good monegy and they're so busy they can't come up for he says.
"There are firmss here that have talked to dozens and dozens of high-profile partners and haven't been able to snag one Roland says some firms are offeringf partners annual salaries and bonuses of between $1 million and $2 "They have a lot of power coming into this area becausw the big Houston firms are just recently breakinb $1 million in profits per partner," he says. "They have a lot of purchasinyg power.
" Paul Krieger, head of intellectual properties Lucas Elliot, partner, intellectual property litigation; Davidx Levy, partner, intellectual property litigation; Rick partner, intellectual property litigation; Erik partner, intellectual property litigation; and Hugh Tanner, litigation, tax. Carlos Treistman, head of King Spalding's Latin American practice will also joinMorgan
Thursday 27 September 2012
State alters work schedule on I-87's Twin Bridges - The Business Review
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State alters work schedule on I-87's Twin Bridges The Business Review Send this story to a friend. Email address of friend (insert comma between multiple addresses): Your email address: Copy Me Add a brief note: Send Email Processing... State alters work schedule on I-87's Twin Bridges. The Business Review by Adam Sichko ... |
Wednesday 26 September 2012
Over-the-Rhine debuts new condos, homes - Washington Business Journal:
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The 41 condos and five single-family homexs range in price from $140,000 to They’re part of the Gateway Quarter’s thirf phase, which will bring the project’s total numbe r of new residential unitsto 106. Mottainai, on Republic Street, an eight-condo project developef by / . The building is LEED (Leadershiop in Energy and Environmental certified, and the units feature European-stylee kitchens and rooftop • Trinity Flats, on Vine Street, is new constructionj that includesnine two-bedroom/two-bath units. Developed by the , they include secured parking androofto decks.
• City Home on Pleasanr Street, includes six condos and five single-family homes, developex by , , and the Five units offer special financingfor low- to-moderate-incomse buyers. • Lackman Lofts, on Vine Street, offeras seven condos, with original secured parking androoftop decks, developeds by . • Good Fellows on Main Street, is a formerr furniture store developed by Urban It includes five condos with secured garage parking androoftop decks. • Falling Wall, on Main also developed by Urban Sites, includes six units with rooftop deckws andsecured parking.
The Gateway Quartef includes the areaalong Vine, Race and Main streetws between Central Parkway and 13th
The 41 condos and five single-family homexs range in price from $140,000 to They’re part of the Gateway Quarter’s thirf phase, which will bring the project’s total numbe r of new residential unitsto 106. Mottainai, on Republic Street, an eight-condo project developef by / . The building is LEED (Leadershiop in Energy and Environmental certified, and the units feature European-stylee kitchens and rooftop • Trinity Flats, on Vine Street, is new constructionj that includesnine two-bedroom/two-bath units. Developed by the , they include secured parking androofto decks.
• City Home on Pleasanr Street, includes six condos and five single-family homes, developex by , , and the Five units offer special financingfor low- to-moderate-incomse buyers. • Lackman Lofts, on Vine Street, offeras seven condos, with original secured parking androoftop decks, developeds by . • Good Fellows on Main Street, is a formerr furniture store developed by Urban It includes five condos with secured garage parking androoftop decks. • Falling Wall, on Main also developed by Urban Sites, includes six units with rooftop deckws andsecured parking.
The Gateway Quartef includes the areaalong Vine, Race and Main streetws between Central Parkway and 13th
Monday 24 September 2012
Homebuilder confidence rises - Houston Business Journal:
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It is the first back-to-back increasre in builder confidence since February 2008 and is now at its highes t level ineight months. The index measurinbg current confidence rosetwo points, from 12 in April to 14 in May. Any readin g under 50 still indicate s the majority of builders view conditionsas poor. “The fact that the May [Housingv Market Index] continued to tick up from April’sd 5 point increase providex confirming evidence that the improved confidence level was no said NAHB chief economistDavid Crowe.
“Thisx continued increase indicates that home buildersfeel we’rre at or near the bottom of the marketg and that positive signzs lie ahead for builders and potentiak home buyers, provided that builder access to productiojn credit significantly improves.” A separate index measuring expectationd for the next six months rose three pointz to 27. Builders and Realtors are hoping lowe prices and historically low mortgage rates will overcom tighterlending standards. The housing market may also benefit this year froman $8,00 tax credit for homebuyers. Earliet this month, the reported pending sales of existing homesrose 3.
2 percent in March, the first back-to-back increase in pendinb sales in a year.
It is the first back-to-back increasre in builder confidence since February 2008 and is now at its highes t level ineight months. The index measurinbg current confidence rosetwo points, from 12 in April to 14 in May. Any readin g under 50 still indicate s the majority of builders view conditionsas poor. “The fact that the May [Housingv Market Index] continued to tick up from April’sd 5 point increase providex confirming evidence that the improved confidence level was no said NAHB chief economistDavid Crowe.
“Thisx continued increase indicates that home buildersfeel we’rre at or near the bottom of the marketg and that positive signzs lie ahead for builders and potentiak home buyers, provided that builder access to productiojn credit significantly improves.” A separate index measuring expectationd for the next six months rose three pointz to 27. Builders and Realtors are hoping lowe prices and historically low mortgage rates will overcom tighterlending standards. The housing market may also benefit this year froman $8,00 tax credit for homebuyers. Earliet this month, the reported pending sales of existing homesrose 3.
2 percent in March, the first back-to-back increase in pendinb sales in a year.
Sunday 23 September 2012
Southern Commerce Bank to get new owner - Tampa Bay Business Journal:
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, a privately owned bank holding company basedr inKansas City, Mo., boughty Southern Commerce in 2006. Dickinson paid $21.4 million for Southernh Commerce, according to the trade journalAmerican Banker. NewStare (NASDAQ: NEWS), a specialized commercial finance company basedin Boston, said in a releasee that it has a stock purchase agreement with The agreement calls for NewStar’s purchase price to be based on the tangible book value of the bank on the closinv date. Based on the bank’s balance sheetr as of Nov. 30, the purchase price would be $19 million, or $17.5 million if Dickinson exercisess its option to treat the transaction as anassegt sale.
The deal is expected to closew in thefirst quarter, the release said. NewStar said it looks forward to working withSouthern Commerce’as customers and welcomes the bank’ds employees. Under Dickinson’s ownership, Southern Commerce expanded more than doubling its The bank had just one office in Tampwand $92 million in assets at the time Dicksoj announced its purchase. Southern Commerce now has 11 officesthroughourt Florida, many of them inside WMT) stores.
Southern Commerce posted a net lossof $486,00 for the third quarter and a net loss of $750,000 for the first nine months of 2008, according to the NewStatr previously filed applications with federal regulators to form a de novo nationapl bank and become a bank holding NewStar now plans to amenfd the application filed with the for approval to become a bank holding companyy and acquire Southern NewStar was founded in 2004 by severaol banking veterans, including Timothy Conway, a former senior executivde with (NYSE: C) and Conwayy is NewStar’s chairman and chief executive. Another founde is Peter Schmidt-Fellner, a forme co-head of the high-yield group at & Co.
’s (NYSE: Schmidt-Fellner is NewStar’s chief investment officer. NewStard raised $218.2 million in an initial public offeringin 2006.
, a privately owned bank holding company basedr inKansas City, Mo., boughty Southern Commerce in 2006. Dickinson paid $21.4 million for Southernh Commerce, according to the trade journalAmerican Banker. NewStare (NASDAQ: NEWS), a specialized commercial finance company basedin Boston, said in a releasee that it has a stock purchase agreement with The agreement calls for NewStar’s purchase price to be based on the tangible book value of the bank on the closinv date. Based on the bank’s balance sheetr as of Nov. 30, the purchase price would be $19 million, or $17.5 million if Dickinson exercisess its option to treat the transaction as anassegt sale.
The deal is expected to closew in thefirst quarter, the release said. NewStar said it looks forward to working withSouthern Commerce’as customers and welcomes the bank’ds employees. Under Dickinson’s ownership, Southern Commerce expanded more than doubling its The bank had just one office in Tampwand $92 million in assets at the time Dicksoj announced its purchase. Southern Commerce now has 11 officesthroughourt Florida, many of them inside WMT) stores.
Southern Commerce posted a net lossof $486,00 for the third quarter and a net loss of $750,000 for the first nine months of 2008, according to the NewStatr previously filed applications with federal regulators to form a de novo nationapl bank and become a bank holding NewStar now plans to amenfd the application filed with the for approval to become a bank holding companyy and acquire Southern NewStar was founded in 2004 by severaol banking veterans, including Timothy Conway, a former senior executivde with (NYSE: C) and Conwayy is NewStar’s chairman and chief executive. Another founde is Peter Schmidt-Fellner, a forme co-head of the high-yield group at & Co.
’s (NYSE: Schmidt-Fellner is NewStar’s chief investment officer. NewStard raised $218.2 million in an initial public offeringin 2006.
Friday 21 September 2012
Local Center Raises Awareness on World Alzheimer's Day - NBC San Diego
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The Hindu | Local Center Raises Awareness on World Alzheimer's Day NBC San Diego Friday marks World Alzheimer's Day, a day to raise awareness about the incurable disease that affects more than 35 million people worldwide and 5.4 million Americans. In San Diego County, there are nearly 60,000 people with Alzheimer's disease. "How we ... W alkers to raise awareness for Alzheimer's Our View: Awareness of Alzheimer's must increase Alzheimer's Awareness Day in Holyoke |
Thursday 20 September 2012
Fifth Third completes $1B stock offering - Business First of Louisville:
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The offering was raised to $1 billion from $750 Fifth Third said in a news release. As a it will issue almost 158 million sharews at anaverage per-share pricer of $6.33. The bank will use the net proceedsw for generalcorporate purposes, including funding the cash premium portion of its Seriess G depositary shares and beginninvg repayment of the $3.5 billion it received through the Treasury Department’s Troubled Asset Relief Program.
“Wde believe the completed $1 billion common equity offering, combined with actions on other capital alternatives that remain availableto us, could potentially generatr approximately $2 billion in aggregate Tier 1 which would more than satisfy the SCAP requireds buffer,” the bank said in the release. Fifthj Third was one of 19 banks that underwent thefedera government’s “stress test” this spring. While the bank was deemerd adequately capitalized, it was ordered to raise $1.1 billion to maintaij its Tier1 equity, should the economty worsen. The bank also said it expectzs to raiseanother $1.
2 billion in Tier 1 equitu from the sales of a majority stake in Fifth Thir d Processing Solutions to Advent International. That’s expectedx to close in the second Cincinnati-based Fifth Third (NASDAQ: FITB has 16 affiliates with about 1,30p0 banking centers and more than 2,300 ATMs in Kentucky, Indiana, Georgia, North Michigan, Illinois, Florida, Tennessee, West Virginia, Pennsylvaniaq and Missouri. According to Business First research, it is the Louisvilld area's third-largest bank when ranked by totalo deposits in the MSA as ofJune 30, 2008. It has 45 loca branches.
The offering was raised to $1 billion from $750 Fifth Third said in a news release. As a it will issue almost 158 million sharews at anaverage per-share pricer of $6.33. The bank will use the net proceedsw for generalcorporate purposes, including funding the cash premium portion of its Seriess G depositary shares and beginninvg repayment of the $3.5 billion it received through the Treasury Department’s Troubled Asset Relief Program.
“Wde believe the completed $1 billion common equity offering, combined with actions on other capital alternatives that remain availableto us, could potentially generatr approximately $2 billion in aggregate Tier 1 which would more than satisfy the SCAP requireds buffer,” the bank said in the release. Fifthj Third was one of 19 banks that underwent thefedera government’s “stress test” this spring. While the bank was deemerd adequately capitalized, it was ordered to raise $1.1 billion to maintaij its Tier1 equity, should the economty worsen. The bank also said it expectzs to raiseanother $1.
2 billion in Tier 1 equitu from the sales of a majority stake in Fifth Thir d Processing Solutions to Advent International. That’s expectedx to close in the second Cincinnati-based Fifth Third (NASDAQ: FITB has 16 affiliates with about 1,30p0 banking centers and more than 2,300 ATMs in Kentucky, Indiana, Georgia, North Michigan, Illinois, Florida, Tennessee, West Virginia, Pennsylvaniaq and Missouri. According to Business First research, it is the Louisvilld area's third-largest bank when ranked by totalo deposits in the MSA as ofJune 30, 2008. It has 45 loca branches.
Wednesday 19 September 2012
Architecture, Inc., to design $1.5 million renovation of 19th Century Club - Memphis Business Journal:
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The building, which was originally a private was built in the late 1800s by a lumber baron and became home to the 19thCenturt Club, a women’s organization dedicated to philanthropy and Over the years, the Club was involved in supportinbg the forerunners of and The . Durint its heyday, the club had 1,400 Now, says the club’s second vice presidenr in chargeof restoration, Heather it has 100. Kouruy says once she found outthe club’s history she became more interestedd in reviving it. But the first order of business involved plans to renovate the building at 1433 which boasts the first indoor showeerin Memphis. Joey Hagan, a principal with Inc.
, is estimating the project will costabout $1.5 million. He says the prioritiesw are fixingwater leaks, water damag and bringing the four-story, 20,000-square-fooft building up to code and Americans with Disabilitiesw Act standards. But the shower will
The building, which was originally a private was built in the late 1800s by a lumber baron and became home to the 19thCenturt Club, a women’s organization dedicated to philanthropy and Over the years, the Club was involved in supportinbg the forerunners of and The . Durint its heyday, the club had 1,400 Now, says the club’s second vice presidenr in chargeof restoration, Heather it has 100. Kouruy says once she found outthe club’s history she became more interestedd in reviving it. But the first order of business involved plans to renovate the building at 1433 which boasts the first indoor showeerin Memphis. Joey Hagan, a principal with Inc.
, is estimating the project will costabout $1.5 million. He says the prioritiesw are fixingwater leaks, water damag and bringing the four-story, 20,000-square-fooft building up to code and Americans with Disabilitiesw Act standards. But the shower will
Monday 17 September 2012
'Kourtney & Kim Take Miami' Returns With New Kardashian Additions - MTV.com
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Sky News Australia | 'Kourtney & Kim Take Miami' Returns With New Kardashian Additions MTV.com The E! network also confirms that production on the series begins this week, just as the girls celebrated Sunday night's season finale of that other Kardashian-centric series, "Keeping Up." In addition to Kim and Kourtney, Khloé will also be a featu red ... TV Roundup: Kourtney and Kim Kardashian Are Taking Miami Again |
Sunday 16 September 2012
AtlanTech Tower sold - South Florida Business Journal:
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GlobeSt.com reported the purchase pricedwas $63 million. New Boston's Web site describes the buildin g asClass A, although it is listedc as Class B in the Businese Journal's 2008 Book of which listed a leasing rate of $15 triplwe net. It was built in 1973 and renovatedin 2001. It is rankes as the 12th-largest office buildinv in South Florida and the largest in Broward County -- about 5,000 squarre feet bigger than Las Olas City The AtlanTech Tower, which has 12 storiexs with a one-story annex, sits on 9.8 It has the potential for 100,000 square feet of more officee and retail space. The building was known for many years for its signaturetenant sign.
T), which bought BellSouth, is a tenant. Other tenants are , , and . It is 87 percenyt leased. The building is next to , a publicf hospital operated by . AtlanTech Tower is the firsty property acquired in the Southeast regionj by the New Boston Real EstateFund VII, a $350 milliohn fund that focuses on capital preservation and value enhancement. "The AtlanTech Towerd is New Boston's first large-scale commercial acquisition in saidPryse Elam, New Boston's Delrayu Beach-based senior vice president and regional director for the "We are actively pursuing the righr investment and development deals in the Southeast regionm as we continue to expand our Florida office and furtheer develop our Southeast Elam said in a news release.
New Bostoj has developed or acquired commerciall and residential properties with a cumulative marketf value ofabout $4 billion, including 20 millionn square feet of commercial real estate and 6,700 residential
GlobeSt.com reported the purchase pricedwas $63 million. New Boston's Web site describes the buildin g asClass A, although it is listedc as Class B in the Businese Journal's 2008 Book of which listed a leasing rate of $15 triplwe net. It was built in 1973 and renovatedin 2001. It is rankes as the 12th-largest office buildinv in South Florida and the largest in Broward County -- about 5,000 squarre feet bigger than Las Olas City The AtlanTech Tower, which has 12 storiexs with a one-story annex, sits on 9.8 It has the potential for 100,000 square feet of more officee and retail space. The building was known for many years for its signaturetenant sign.
T), which bought BellSouth, is a tenant. Other tenants are , , and . It is 87 percenyt leased. The building is next to , a publicf hospital operated by . AtlanTech Tower is the firsty property acquired in the Southeast regionj by the New Boston Real EstateFund VII, a $350 milliohn fund that focuses on capital preservation and value enhancement. "The AtlanTech Towerd is New Boston's first large-scale commercial acquisition in saidPryse Elam, New Boston's Delrayu Beach-based senior vice president and regional director for the "We are actively pursuing the righr investment and development deals in the Southeast regionm as we continue to expand our Florida office and furtheer develop our Southeast Elam said in a news release.
New Bostoj has developed or acquired commerciall and residential properties with a cumulative marketf value ofabout $4 billion, including 20 millionn square feet of commercial real estate and 6,700 residential
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