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 ... |
Wednesday, 31 October 2012
Prosecutor Kaneshiro's Campaign Gets Help From 82-Year-Old Felon - Hawaii Reporter
Monday, 29 October 2012
Boston's largest fund managers report billions in outflows - Boston Business Journal:
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:
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:
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
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
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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.
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Saturday, 20 October 2012
Mixed-use development emphasizes research, technology and global commerce - Phoenix Business Journal:
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:
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
Tyler Perry takes on 'Alex Cross' in miscast, morally dodgy thriller Chicago Daily Herald Miscast, poorly directed, morally dodgy and emotionally chintzy, รขAlex Crossรข tries to buff up James Patterson's police detective Alex Cross (played by Morgan Freeman in the serviceable mysteries รขKiss the Girlsรข and รขAlong Came a Spiderรข) with a ... |
Tuesday, 16 October 2012
EMC beefs up Mass. presence with Cambridge lab, MIT sponsorship deal - Dallas Business Journal:
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:
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:
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:
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
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
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:
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:
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):
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
NY recognized for being an energy efficient state CBS News ALBANY, N.Y. รข" 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:
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:
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