Sunday, 29 January 2012
Hawaii ranks 15th in U.S. for foreclosures, sees nearly 400% spike in May - Silicon Valley / San Jose Business Journal:
Foreclosures were up 397.5 percent for the montgh compared with May and wereup 19.3 percent over April 2009, accordintg to the latest report from RealtyTrac issued Wednesday. Hawaii rankee 15th in the nation for foreclosuresin May, up from 23rd in Hawaii had 816 foreclosure filings in May. Therew were 684 foreclosure filings in Aprill and 164 foreclosures inMay 2008. Hawaioi had a foreclosure rate of one filingb for every 621 according to the latest survey bythe California-basexd real estate research firm. Nevada again had the highest foreclosurew rate inthe country, with one filing for every 64 California had the second highest rate for the month, follower by Florida.
California had the highestr number of foreclosures at Vermontranked 50th, with just six foreclosures at a rate of one filingv for every 51,906 Nationally, there were 321,480 foreclosure filingzs for the month, down 6 percent from Aprio and up nearly 18 percent from May according to the report.
Friday, 27 January 2012
Buenos Aires hits back at Cameron "colonialism" accusation - Telegraph.co.uk
Telegraph.co.uk | Buenos Aires hits back at Cameron "colonialism" accusation Telegraph.co.uk The Senate's position has cross-party political backing in Argentina, adding further fuel to Buenos Aires' pressing demands at a time when neighbouring Brazil's recent off shore oil finds bring them the promise of enormous riches. War of words reignites Falklands feud Argentina, UK spar over Falkland Islands Falklands/Malvinas, From Rhetoric to Pressure |
Wednesday, 25 January 2012
worker killed in roof collapse - Deseret News
KSL-TV | worker killed in roof collapse Deseret News By Pat Reavy, Deseret News SALT LAKE CITY â" A 48-year-old construction worker was killed Wednesday when a patio roof fell on top of him. The accident happened about 9 am at 2509 Kensington Ave. Five roofers were reshingling the main home, ... Roofing worker dies after Salt Lake City patio collapses Roofer Dies After Collapse Of Salt Lake Patio Roof Utah roofer killed after being trapped under collapsed wooden patio roof in ... |
Monday, 23 January 2012
Conference focuses on logistics in Florida - Jacksonville Business Journal:
About 600 people are expecteds to attend the Association for Corporate Growth conference that highlighte opportunities inthe area’s growing logisticw industry. One of the attendees, Kris Pedersen, vice presidentt of , said the real estate developef is interested in Jaxport because it has been lookinyg fora “different to diversify its business. Lenders as a whol have tightened down on which has slowed developers on the residentia l and commercial realestate side, he said. Alliance is looking at the export industry because it has the potentiafor growth. More specifically, Pederse n said Alliance is interestedin after-marketf car exports and some military business.
With the value of the dollarf being lowuntil recently, “all of the otherf countries could be looking for us to purchase the aftermarket” he said. The conference at • As the morningy speaker, retired Lt. Gen. Gus Pagonis will talk abour leadershipunder fire. He will also speak about the supply chain. • David Darst, Morgan Stanley’s chief investment strategist ofits , will give an investiny outlook for 2009.
• Lisa Mancini, ’ds senior vice president of human resources andlabort relations, will give an updatew on the railway’s $724 millioj public-private infrastructure initiative to create an efficieny link between Mid-Atlantic portsz and the Midwest. • Bill a Holland & Knight will host a panel on supplu chains. Check jacksonvillebusinessjournal.com tomorrow for updatesw on the conference.
Saturday, 21 January 2012
Morgan Stanley CEO to receive $10.5 million - Reuters
Portfolio.com | Morgan Stanley CEO to receive $10.5 million Reuters Greg Fleming, the head of Morgan Stanley's wealth management business, and Paul Taubman, an investment banker who is co-head of institutional securities, each received restricted stock worth $3.4 million on Thursday, using the bank's closing price of ... Gorman's Pay Said to Be Cut 25% as Dimon's $23 Million Held Flat Morgan Stanley Said to Reduce Gorman's Pay 25% From 2010 Bonuses Pinched for Bank CEOs |
Thursday, 19 January 2012
GM Tonawanda hosting recycling event - Charlotte Business Journal:
The one-day event June 6 from 9 a.m. to 1 p.m. at Planty 5 on Vulcan Street, is co-sponsoref by Erie County, Buffalo and the Northwest Solisd WasteManagement Board. Last year’ s event received 56,325 pounds of electronic equipment, 247 bicyclesx and a truck full of Electronics equipment is a source ofrecyclesd lead, steel, plastic, copper and glass. Item being accepted this year include: TVs, computers, keyboards, printers, fluorescent bulbs, cell rechargeable batteries, VCRs, and DVD players, textiles, and bicycles. Clothing and textilesz will be reused at Goodwill retail locationaor recycled.
Bicycles will be used for repair, bike safety educatiobn or recycled by Blue Bicycleand Recycle-a-Bicycls programs. New for this year, Buffalo ReUse will accepr used ornew hand, shop and garden tools, such as brooms, ladders, wheelbarrows, hammers and “This is a natural extension of what we do at Plant Manager Steve Finchn said in a statement. “Our plant has been landfill-freew in manufacturing since 2006. We recycles or reuse all of our so this event to help the community recycle is a natural fit for us atGeneralp Motors,” he said.
Monday, 16 January 2012
Parry urges focus - Yahoo! Eurosport UK
SkySports | Parry urges focus Yahoo! Eurosport UK Les Parry has urged his Tranmere players to ignore Rochdale's weekend woes ahead of the two sides' npower League One meeting at Prenton Park on Tuesday night. Dale were thumped 5-1 at home by a Stevenage less than 24 hours after manager Graham Westley ... Les Parry to ente r loan market to bolster wayward Tranmere attack Turkish delight for Tiryaki as Trabzonspor bid for £100000 for Tranmere striker Tranmere Rovers sign West Brom's Lateef Elford- » |
Saturday, 14 January 2012
Professor to visit Denbigh - Milton Keynes Today
Milton Keynes Today | Professor to visit Denbigh Milton Keynes Today Baroness Susan Greenfield will be sharing her knowledge with the people of Milton Keynes at a STEM lecture entitled âThe Future of the Brain and the Brain of the Future: How modern technology is changing the way we think and feelâ at Denbigh School in ... |
Thursday, 12 January 2012
Additions of Crawford, Felton speeds up NBA's Trail Blazers - USA TODAY
USA TODAY | Additions of Crawford, Felton speeds up NBA's Trail Blazers USA TODAY By J. Michael Falgoust, USA TODAY Like Jamal Crawford coming off the bench, the Portland Trail Blazers can heat up quickly. By Craig Mitchelldyer, US Presswire Swingman Jamal Crawford helped the Portland Trail Blazers beat the Los Angeles Lakers last ... |
Tuesday, 10 January 2012
Hilo Hattie sold to clothing manufacturer - Washington Business Journal:
The company’s sale to may be off the tabldafter U.S. Bankruptcy Judge Robert Faris delayed ruling onthe company’s bid to buy Hilo Hattir for $1 million. The ownership transfer was announced on Mondayin U.S. Bankruptcy Cour in Honolulu, where Faris also continued until June 29severakl motions, including one to appoint a trusteer to take over management of the Faris also suspended Hilo Hattie’s ability to borroqw money under a line of credit. Maui Divers Jewelr y had offered last montjh to buy Hilo Hattie and its seven store sfor $1 million in cash, and to investr another $2 million in the business.
Maui attorney, Cuylar Shaw, told Faris that the offer was off the tabl e if the judge did not approve the saleon However, Maui Divers President and CEO Bob Taylofr said through a spokeswoman Monday afternoon that the compang would hold its offer open until the next Hilo Hattie attorney James Wagnet told the judge that Donald B.S. owner of , acquirecd 100 percent of the company’s shares on Fridayu from , which bought Hilo Hattie from founder Jim Romihg last year before filing for Chapter 11bankruptcu protection. Kang is also on the boardf of directorsof .
Hilo Hattie CEO Ted Nelson and Presidentg John Scott resigned from theidr positions on Friday and Kang has assumeds the post of president ofHilo Hattie, Wagner told the Royal Hawaiian Creations was listed as the secondf largest creditor, owed more than $798,000, when Hilo Hattie filede for Chapter 11 last Oct. 2. It is owed another $252,000 in an administratives claim, according to courg documents. Maui Divers was the largesgt creditor, owed $1.25 million, and Taylodr was co-chairman of the committed of unsecured creditors until resigning in prior to making the Royal Hawaiian Creations also resignee fromthe committee, which supported the sale of Hilo Hattid to Maui Divers.
Kang proposes to fund a line of credirt for Hilo Hattiewith $1 milliohn in cash, and “wil arrange for an infusion of $2 million in workingf capital” into Hilo Hattie upon its emergence from according to a document filed on Monday before the hearing. Kang said he plans to folloqw the plan of reorganization submitted by Hilo Hattire andits parent, Ltd., last week, whicnh calls for paying unsecured creditors about 5 centas on the dollar. Wagnee told the judge that the reorganizatiom plan filed on June15 “was a because the sale to Maui Divers had not been confirmed.
He said he didn’tf expect any change in the treatmentg ofthe company’s hundreds of creditors under Kang’a ownership. The 46-year-old company, which claimerd $23.5 million in debt in the Chapter 11 has been losingmoney “aty a clip of $500,000 per month,” Ted attorney for the creditors’ committee, told the judge. Pettit also said he was “ver surprised” to learn of the stock transfer onFridayy afternoon.
He noted that Kang’z business is in manufacturingapparek overseas, and said that Kang intendex to take over Hilo Hattie’s Nimitz Highway headquarters and turn it into a Kang said after the hearing that he intended for the buildinbg to remain as a store and administrative offices. But the judge expressed concerhn that Maui Divers had not reached agreemeng withHilo Hattie’s landlords, most of whom have givemn the company substantial rent relief, for its sevejn stores. Pettit said that some landlords were hesitantr to negotiate until they knew for sure whether Maui Diverds would be thenew owner.
Faris also considered the transfeer of stock to Kang as a secone offer forHilo Hattie, and noted that Kang proposedf to pay back rents in full. “It seemx we have a second offer,” he said. “It may be a bettedr offer.” Nelson said that he had had discussions with Kang over the last severall months and said Kanghad “continuouslh offered to be as helpful” as he could.
Sunday, 8 January 2012
A Gateway to China's Yunnan Province - Moneylife Personal Finance site and magazine
Moneylife Personal Finance site and magazine | A Gateway to China's Yunnan Province Moneylife Personal Finance site and magazine Connected by a short two-hour direct flight from Kolkata, Kunming, capital of China's Yunnan province, is the nearest gateway to Chinaâ"to begin a journey into this vast and fast-changing country. Yunnan (meaning south of the clouds), located in the ... |
Friday, 6 January 2012
U.S. Bank returns TARP money - South Florida Business Journal:
billion in Troubled Asset Relief Program mone y it took last year fromthe . U.S. Bank (NYSE: based in Minneapolis, had previously announcesd its plans to redeem the preferred stock issued tothe Treasury. Last it from the government todo so. U.S. Bank also told the Treasurg it intends to repurchasethe 10-year warrant it had issued along with the preferred stock. “The redemption allows our companhy to return to operating from a positiobn of both independent strength andstrategi flexibility,” said Richard Davis, the company’s president, CEO and in a statement. The Treasury in May announced that U.S.
Bank whic showed it would be able to ride out the economixc downturn without having to raise more Davis has ofthe government’s capital purchase In February he called the prograkm “lousy” and said the banking industr was pressured to participate in the program.
Tuesday, 3 January 2012
Sunday, 1 January 2012
Palace mobilizes rescue, relief operations - Philippine Star
msnbc.com | Palace mobilizes rescue, relief operations Philippine Star MANILA, Philippines - President Aquino ordered yesterday the mobilization of government forces to ensure the delivery of relief and assistance to the victims of tropical storm âSendongâ in Mindanao. Aquino also ordered a review of the government's ... AFP mobilizes to bring relief supplies to 'Sendong' affected areas Filipinos in North Jersey r » |