jwid-infants.blogspot.com
Ltd., an affiliate of Cos. in Cliftomn Park, closed on the $1.3 million purchase on June 3. Cass Hill intends to convert theformer 1.3-acre industrial site at 39-49 Sheridan Ave. into an office/retail/residential project. The property is located behinethe & Suites on Chapek Street, near the heart of the city’ entertainment district. Tony Sabatino of representedf the seller. Cass Hill was representedx by Eileen Lindbergof /Albany. Marc H. president of Cass Hill Development Cos., couldn’t be reached for comment.
Cass Hill owns severall properties downtown, including a 30,000-square-foot office building on Monror Street across from the former printing Boyd Printing filed for Chapter 11 bankruptc y protection inSeptember 2005. A federal bankruptcy judge in Marcy 2008 approved the sale of the buildings to help satisfyhthe company’s debts. Some of the company’ assets were purchased by Carl Johnson, an officer at Boyd who opened aseparate corporation, in Colonie. Previous deals for the Sheridan Avenued property fizzled before Cass Hill signefd a purchase contractlast year.
Thursday, December 30, 2010
Monday, December 27, 2010
Packing everyone into one efficient location - The Business Journal of Milwaukee:
noted-logist.blogspot.com
The new, 200,000-square-foot building at One Worlf Packaging Circle, Franklin, is a more efficienty layout than theold setup, in whicbh the company, formerly known as , occupied three five-story buildings along East Chicago Street in Milwaukee that totaled about 250,000 square feet. The new building allowsw all Proteus' manufacturing on one floor inside one building, said Tim Wayman, Proteus executive vice president and chief operating officer. "Our employees are able to communicatwe without walkinga mile," Wayman said. "There'sw much more usable space." Proteus has about 100 with an average tenure at the company of more than 14 Wayman said.
Annual turnove is less than 1 percent, he said. The new planyt operates two shifts. Founded in 1932, Proteue produces packaging forthe pharmaceutical, nutritional, healtu and beauty, and automotive industries. Customers include , , Abbott Park, Ill.; , Woonsocket, and , Milwaukee. The new plant is designedr in a circle with raw materialsz entering the plant at the same place where finished productd areshipped out, Wayman said. finished goods were warehousedoff site. The old site'ws layout led to significantly higherr material handling and energy company owner ThomasWamser said. "Thse transport of materials back and forth and up and down floore wasvery costly," he said.
"Wde made many accommodations to improve efficiency at the old but there was only so much you coulf do giventhe situation." The company has invested $20 milliob to buy land, construct the new building, purchase equipment and make ongoin software upgrades. Proteus operates pre-press, die-cutting, printing and finishing The new plant has four timed the storage capability of the old site but only uses a fractiob of the square footage becaused ofnarrower aisles, a high rackint system and laser-guided fork lifts.
Wamser said about half the projecf is being financed with bank debt and half with his own Proteus began moving to Franklinin September, but continuew some operations in Milwaukee, Wayman said. The decision to run two plantx simultaneously was necessary because equipment had to bebrokemn down, shipped and reassembled at the new plant. In the meantime, the companhy still had to fill customers' said Paul Nowak, Proteus general manager. "Youu can't miss a beat with customers," Nowak The company expects to finish moving into the new plantfby March. The majority of employees already have moved into theFranklin plant. Most employeez live on Milwaukee's south side.
"We didn't lose a single employee as a result ofthe move," Wayman Proteus produces packages in various shapes, sizes and materials that aim to be attractive and functional, Wamser said. Packages are designed to help customerscontrop costs, meet government regulations, maximize store shelfv space and attract consumers to theie products. Don Finney, production manager at Carmas Laboratories, which makes Carmex brand lip balm at a plant in the FranklibnIndustrial Park, said Proteus has developed a variety of specialty packaginfg for Carma over the years, including blisted packs, which tend to be used for high-visibility products.
"Proteus is very good at thingslike that," Finne said. "We're tickled to death that they move ddown here." Prior to the construction of Carma's new warehouse, Proteus offered the use of its trucksd to transfer shipments of Carmex to an off-site storage he said.
The new, 200,000-square-foot building at One Worlf Packaging Circle, Franklin, is a more efficienty layout than theold setup, in whicbh the company, formerly known as , occupied three five-story buildings along East Chicago Street in Milwaukee that totaled about 250,000 square feet. The new building allowsw all Proteus' manufacturing on one floor inside one building, said Tim Wayman, Proteus executive vice president and chief operating officer. "Our employees are able to communicatwe without walkinga mile," Wayman said. "There'sw much more usable space." Proteus has about 100 with an average tenure at the company of more than 14 Wayman said.
Annual turnove is less than 1 percent, he said. The new planyt operates two shifts. Founded in 1932, Proteue produces packaging forthe pharmaceutical, nutritional, healtu and beauty, and automotive industries. Customers include , , Abbott Park, Ill.; , Woonsocket, and , Milwaukee. The new plant is designedr in a circle with raw materialsz entering the plant at the same place where finished productd areshipped out, Wayman said. finished goods were warehousedoff site. The old site'ws layout led to significantly higherr material handling and energy company owner ThomasWamser said. "Thse transport of materials back and forth and up and down floore wasvery costly," he said.
"Wde made many accommodations to improve efficiency at the old but there was only so much you coulf do giventhe situation." The company has invested $20 milliob to buy land, construct the new building, purchase equipment and make ongoin software upgrades. Proteus operates pre-press, die-cutting, printing and finishing The new plant has four timed the storage capability of the old site but only uses a fractiob of the square footage becaused ofnarrower aisles, a high rackint system and laser-guided fork lifts.
Wamser said about half the projecf is being financed with bank debt and half with his own Proteus began moving to Franklinin September, but continuew some operations in Milwaukee, Wayman said. The decision to run two plantx simultaneously was necessary because equipment had to bebrokemn down, shipped and reassembled at the new plant. In the meantime, the companhy still had to fill customers' said Paul Nowak, Proteus general manager. "Youu can't miss a beat with customers," Nowak The company expects to finish moving into the new plantfby March. The majority of employees already have moved into theFranklin plant. Most employeez live on Milwaukee's south side.
"We didn't lose a single employee as a result ofthe move," Wayman Proteus produces packages in various shapes, sizes and materials that aim to be attractive and functional, Wamser said. Packages are designed to help customerscontrop costs, meet government regulations, maximize store shelfv space and attract consumers to theie products. Don Finney, production manager at Carmas Laboratories, which makes Carmex brand lip balm at a plant in the FranklibnIndustrial Park, said Proteus has developed a variety of specialty packaginfg for Carma over the years, including blisted packs, which tend to be used for high-visibility products.
"Proteus is very good at thingslike that," Finne said. "We're tickled to death that they move ddown here." Prior to the construction of Carma's new warehouse, Proteus offered the use of its trucksd to transfer shipments of Carmex to an off-site storage he said.
Saturday, December 25, 2010
Heinz Field conversion begins for Caps-Pens - Washington Post
zemlyanikiyri.blogspot.com
NHL.com | Heinz Field conversion begins for Caps-Pens Washington Post ... the refrigeration truck, which was a special guest star at the Pens-Caps game Thursday night at Verizon Center, will travel to Pittsburgh. ... Winter Classic prep underway at Heinz Field |
Wednesday, December 22, 2010
White Pages will no longer be delivered automatically - Tampa Bay Business Journal:
http://randylaneco.com/stationConsulting.html
The PSC’s decision is a compromise to AT&T’s requestg that it no longerr deliver the phone booksto AT&T Florida told the PSC that eliminatiny the automatic distribution of the residential white pagex is “an environmentally green endeavor and a cost savin measure” and that providinf a paper copy of the directory is “am inefficient use of resources in these touch economicf times.” But commissioners also were worried aboutt how it might impact customers’ ability to accesa information, said PSC Spokeswoman Kirsten Olsen.
Instead of doing away with the rule commissioners agreed to give it atrial run, durinyg which time it will gather customer “Today’s decision allows the PSC to assese the practicality of discontinuing printed residentialk directory delivery, while continuing to provide directoriesw to customers who want a copy,” PSC Chairmam Matthew M. Carter II said in a medisa release. As part of the agreement, AT&Tr must put a toll-free number on the covedr of the Yellow Pages that directs people to call if they want aWhite Pages. The directory will still be providee for free to those whorequest it.
AT&g Florida would not disclose just how much moneyu the waiverwill save, citing confidentiality, according to its requesyt to the PSC. AT&T Florids already has begun a programn to provide its Yellow Pages and residentiao listingson CD-ROM in certaimn areas of Florida.
The PSC’s decision is a compromise to AT&T’s requestg that it no longerr deliver the phone booksto AT&T Florida told the PSC that eliminatiny the automatic distribution of the residential white pagex is “an environmentally green endeavor and a cost savin measure” and that providinf a paper copy of the directory is “am inefficient use of resources in these touch economicf times.” But commissioners also were worried aboutt how it might impact customers’ ability to accesa information, said PSC Spokeswoman Kirsten Olsen.
Instead of doing away with the rule commissioners agreed to give it atrial run, durinyg which time it will gather customer “Today’s decision allows the PSC to assese the practicality of discontinuing printed residentialk directory delivery, while continuing to provide directoriesw to customers who want a copy,” PSC Chairmam Matthew M. Carter II said in a medisa release. As part of the agreement, AT&Tr must put a toll-free number on the covedr of the Yellow Pages that directs people to call if they want aWhite Pages. The directory will still be providee for free to those whorequest it.
AT&g Florida would not disclose just how much moneyu the waiverwill save, citing confidentiality, according to its requesyt to the PSC. AT&T Florids already has begun a programn to provide its Yellow Pages and residentiao listingson CD-ROM in certaimn areas of Florida.
Monday, December 20, 2010
Denmark ag minister to visit Monsanto, Danforth Plant Science Center - Business Courier of Cincinnati:
http://ecogastronomy.org/recipes/marielas-chocolate-coconut-bars
Despite its relatively small Denmarkexported $12 billion worth of food and agricultured products last year. “When it comes to biotechnology, Europr can learn a lot from theUnitede States,” Minister Kjer Hansen said in a “Approval of new biotech events is too slow in the Europeanb Union and our farmers will lose competitiveness unlesa we get up to speed. Moreover, by studyint closer the experience with biotechnology in the United States and understanding the potential benefits which this technology holds forthe future, it is my hope that I can bettedr facilitate continued dialogue with remaininyg skeptics.” Creve Coeur, Mo.
-based MON), led by Chairman, President and CEO Hugh Grant, developsw insect- and herbicide-resistant crops and other agricultural It is one of the largest employers in St. Louis with 4,00o0 local employees. The Donald Danforth Plant Sciencs Centerin St. Louis is a nonprofigt research institute with a mission to improve the human condition througuhplant science.
Despite its relatively small Denmarkexported $12 billion worth of food and agricultured products last year. “When it comes to biotechnology, Europr can learn a lot from theUnitede States,” Minister Kjer Hansen said in a “Approval of new biotech events is too slow in the Europeanb Union and our farmers will lose competitiveness unlesa we get up to speed. Moreover, by studyint closer the experience with biotechnology in the United States and understanding the potential benefits which this technology holds forthe future, it is my hope that I can bettedr facilitate continued dialogue with remaininyg skeptics.” Creve Coeur, Mo.
-based MON), led by Chairman, President and CEO Hugh Grant, developsw insect- and herbicide-resistant crops and other agricultural It is one of the largest employers in St. Louis with 4,00o0 local employees. The Donald Danforth Plant Sciencs Centerin St. Louis is a nonprofigt research institute with a mission to improve the human condition througuhplant science.
Friday, December 17, 2010
Most Large Enterprises Already Active in Cloud Computing: Survey - eWeek
connects-germ.blogspot.com
Hostway | Most Large Enterprises Already Active in Cloud Computing: Survey eWeek Many enterprises, including the largest, are actively exploring cloud computing, according to the results of a study released by CA Technologies on Dec. 16. ... Consumer Cloud Is Killing Enterprise Cloud Visit the Future of Enterprise Computing site to join the conversation on ... Cloud Computing Trends To Watch |
Wednesday, December 15, 2010
Turning the Page - Wichita Business Journal:
vishnevskiipavuh.blogspot.com
They look nice. "They're beautiful," says Townsley, the executivr committee memberat Fleeson, Coulson & Kitch LLC and president of the . "Ik just couldn't part with them." There was a time when reference booksa were the lifeblood of any thriving law Hours were spent checking past cases for precedent and andan attorney's true salt was tested not only in the but also in how he researchedr his case. The legwork hasn't changed, but the way attorneys research theirrcases has.
Technological advances have allowesd attorneys to search and find virtually any case ever tried with just a few key Inthat regard, it has made life but there's something sad in the notion that the set of vintagee 1908 court recorders in Townsley's office -- their scuffed burnt orange leather covers showing their age against thousandzs of yellowing pages -- represent nothinf more than an antiquated era at Fleesomn and a bygone time for the law For 120 years, the Wichits law firm prided itself on its law library, which at one time was as extensivde as any around.
With thousands of volumes, Fleeson possessesd a comprehensive collection of ranging from state and federal statuteds tocourt records. Its biggest expensse each year -- more than $100,000 -- came in adding to its law library. It was an expensse worth every penny because it addedf to the value ofthe practice. "Inb the old days any law library had a base valued and could be sold to another lawyeer orlaw firm," Townsley says. "That's no longer Townsley learned just that when Fleesojn moved into the Epic Centerlast month. Becauswe a great deal of researchj work isdone online, the firm pared down its law library to a fraction of the volumes it had before.
So what did it do with the books? Townsley tried to donate them to a numbet of law schools inthe state, but couldc find no takers. He offeref them up to the , which has accumulated an extensive librargy overthe years. Again, no luck. "It's sad that we couldn'rt give them away," says Townsley, who says he was even rejectef by arecycling company. "Because I couldn't bear to see them I saved about 500 volumes of theoldedr leather-bound reporters." They now occupy a not-so-honored placw in his attic, while otheras were unceremoniously thrown Don Berner, a partner at Foulston Siefkin, can relatew to Townsley's story.
When Foulston moved from downtowj tothe Waterfront, it left behind many of its "We couldn't find any he says. "There is not a lot of demande for them. It's sad when you can'ty give something away." Yet even Berner admits the new officesw are much less cluttered without lawbooks everywhere. "W had three floors in the building," he "And we had book shelves lining the hallsw of allthree floors. That's no longee the case." The longtime members of the professiojn view the change with a tinge of Winton Hinkle, senior counsel for Hinkle Elkourki Law Firm LLC, says he still prefers the law books to researchintg a case online.
But as the nation'sw colleges and universities groom the next generation of they strike a balance between making studentxs do research projects with booksand
They look nice. "They're beautiful," says Townsley, the executivr committee memberat Fleeson, Coulson & Kitch LLC and president of the . "Ik just couldn't part with them." There was a time when reference booksa were the lifeblood of any thriving law Hours were spent checking past cases for precedent and andan attorney's true salt was tested not only in the but also in how he researchedr his case. The legwork hasn't changed, but the way attorneys research theirrcases has.
Technological advances have allowesd attorneys to search and find virtually any case ever tried with just a few key Inthat regard, it has made life but there's something sad in the notion that the set of vintagee 1908 court recorders in Townsley's office -- their scuffed burnt orange leather covers showing their age against thousandzs of yellowing pages -- represent nothinf more than an antiquated era at Fleesomn and a bygone time for the law For 120 years, the Wichits law firm prided itself on its law library, which at one time was as extensivde as any around.
With thousands of volumes, Fleeson possessesd a comprehensive collection of ranging from state and federal statuteds tocourt records. Its biggest expensse each year -- more than $100,000 -- came in adding to its law library. It was an expensse worth every penny because it addedf to the value ofthe practice. "Inb the old days any law library had a base valued and could be sold to another lawyeer orlaw firm," Townsley says. "That's no longer Townsley learned just that when Fleesojn moved into the Epic Centerlast month. Becauswe a great deal of researchj work isdone online, the firm pared down its law library to a fraction of the volumes it had before.
So what did it do with the books? Townsley tried to donate them to a numbet of law schools inthe state, but couldc find no takers. He offeref them up to the , which has accumulated an extensive librargy overthe years. Again, no luck. "It's sad that we couldn'rt give them away," says Townsley, who says he was even rejectef by arecycling company. "Because I couldn't bear to see them I saved about 500 volumes of theoldedr leather-bound reporters." They now occupy a not-so-honored placw in his attic, while otheras were unceremoniously thrown Don Berner, a partner at Foulston Siefkin, can relatew to Townsley's story.
When Foulston moved from downtowj tothe Waterfront, it left behind many of its "We couldn't find any he says. "There is not a lot of demande for them. It's sad when you can'ty give something away." Yet even Berner admits the new officesw are much less cluttered without lawbooks everywhere. "W had three floors in the building," he "And we had book shelves lining the hallsw of allthree floors. That's no longee the case." The longtime members of the professiojn view the change with a tinge of Winton Hinkle, senior counsel for Hinkle Elkourki Law Firm LLC, says he still prefers the law books to researchintg a case online.
But as the nation'sw colleges and universities groom the next generation of they strike a balance between making studentxs do research projects with booksand
Sunday, December 12, 2010
Crist signs gambling bill - Orlando Business Journal:
http://www.squidoo.com/laminate-flooring-help
The deal guarantees the state gets a minimum paymenytof $150 million a year of casino profits in exchange for the right to operate certaim games such as baccarat, chemin de fer and blackjac k in the tribe’s seven gambling facilities. The agreement must be ratifieed by the Florida Legislature and agrees to by the In addition tothe $150 the tribe is requiredr to make revenue-sharing payments to the state basee on the following annual amounts: 2 perceng of profits up to $2.5 billion. 15 percenty of profits between $2.5 billion and $3 20 percent of profits between $3 billiob and $4 billion. 22.5 percenty of profits between $4 billion and 4.5 25 percent of any profitas above $4.
5 billion. The agreemenft also requires the Seminole Tribd of Florida to develop a compulsivde gamblingprevention program, submit records to an independenr annual financial audit and maintain a legao process for compensating individualas for injuries caused to The deal replaces an earlie r one that Crist inked with the tribew in 2007, but was overturned by the afte r it found the governor had overstepped his authority by failingg to involve the Crist noted that federal law governs the tribe, and the federal governmeng is likely to allow the tribe to operate thos games if the Legislature does not go along with the
The deal guarantees the state gets a minimum paymenytof $150 million a year of casino profits in exchange for the right to operate certaim games such as baccarat, chemin de fer and blackjac k in the tribe’s seven gambling facilities. The agreement must be ratifieed by the Florida Legislature and agrees to by the In addition tothe $150 the tribe is requiredr to make revenue-sharing payments to the state basee on the following annual amounts: 2 perceng of profits up to $2.5 billion. 15 percenty of profits between $2.5 billion and $3 20 percent of profits between $3 billiob and $4 billion. 22.5 percenty of profits between $4 billion and 4.5 25 percent of any profitas above $4.
5 billion. The agreemenft also requires the Seminole Tribd of Florida to develop a compulsivde gamblingprevention program, submit records to an independenr annual financial audit and maintain a legao process for compensating individualas for injuries caused to The deal replaces an earlie r one that Crist inked with the tribew in 2007, but was overturned by the afte r it found the governor had overstepped his authority by failingg to involve the Crist noted that federal law governs the tribe, and the federal governmeng is likely to allow the tribe to operate thos games if the Legislature does not go along with the
Friday, December 10, 2010
UFood bows out of Chicago and lands at airports - Boston Business Journal:
http://www.ani-stohini-unami.com/article/Realty-Times-TV--Housing-Starts-To-Reach-Second-Highest-Year-Since-1972.html
UFood, the Newton-based eatery serving better-for-you alternatives to traditionalp fast-food fare, decided to close its three restaurantw in Chicago last week after watching revenue drop steeply in the pastseverao months. Naddaff would not say how far sales fell in the time but said the declines begabn inthe fall. The decision was mutual betweenn UFood and thefranchise operator, said Naddaff, who blamesx what he called “cripplingt conditions.” UFood opened the three restaurants betweeb July 2008 and January 2009. “Whemn you have those economic conditions, a new franchiseew cannot sustainthe losses,” he said.
“Now we’re going to come because I don’t think Chicago is any different than any otheemetropolitan area.”
UFood, the Newton-based eatery serving better-for-you alternatives to traditionalp fast-food fare, decided to close its three restaurantw in Chicago last week after watching revenue drop steeply in the pastseverao months. Naddaff would not say how far sales fell in the time but said the declines begabn inthe fall. The decision was mutual betweenn UFood and thefranchise operator, said Naddaff, who blamesx what he called “cripplingt conditions.” UFood opened the three restaurants betweeb July 2008 and January 2009. “Whemn you have those economic conditions, a new franchiseew cannot sustainthe losses,” he said.
“Now we’re going to come because I don’t think Chicago is any different than any otheemetropolitan area.”
Tuesday, December 7, 2010
Dow jumps to start June; General Moly leads Colorado gainers - Kansas City Business Journal:
http://biodieselindustries.com/web-content/pages/Feedstocks.html
The Dow Jones Industrial Average finisherd the trading dayat 8,721.44, up 221.11 pointsx (2.6 percent percent). The S&o 500 closed at 942.87, up 23.73 pointsd (2.58 percent). The NASDAQ Composite finished at up 54.35 points (3.06 percent). Among actively tradesd Colorado stocks, Lakewood-based molybdenum mining companuy GeneralMoly (GMO) led the day’s gainers, up 23.94 percen t (51 cents) to close at • (DPTR) — Up 15.5 percenf (31 cents) to $2.31. • (AEZ) — Up 10.53 percent (10 to $1.05. • (PLD) — Up 9.07 percen (77 cents) to $9.26. (AIV) — Up 7.2 percent (68 cents) to $10.13.
Amon g actively traded Colorado stocks that declined on the day was ArcaBiopharmza Inc. (ABIO), down 44.78 percent ($4.16) to closr at $5.13. The Broomfield-based biotech said the Food and Drug Administratiojn wants it to conduct more clinical testxon Gencaro, its experimental heart-failure drug that Arca wants the FDA to • (NEM) — Down 1.8 percent (88 to $47.99. • (Q) Down 0.69 percent (3 to $4.33. • (ALTH) — Down 0.69 percenty (5 cents) to $7.23. Dow Jones & Co. said Monday it is addintg and Travelers Cos. to the Dow Jones Industrial Average and dropping General Motorsand , effective June 8.
The Dow Jones Industrial Average finisherd the trading dayat 8,721.44, up 221.11 pointsx (2.6 percent percent). The S&o 500 closed at 942.87, up 23.73 pointsd (2.58 percent). The NASDAQ Composite finished at up 54.35 points (3.06 percent). Among actively tradesd Colorado stocks, Lakewood-based molybdenum mining companuy GeneralMoly (GMO) led the day’s gainers, up 23.94 percen t (51 cents) to close at • (DPTR) — Up 15.5 percenf (31 cents) to $2.31. • (AEZ) — Up 10.53 percent (10 to $1.05. • (PLD) — Up 9.07 percen (77 cents) to $9.26. (AIV) — Up 7.2 percent (68 cents) to $10.13.
Amon g actively traded Colorado stocks that declined on the day was ArcaBiopharmza Inc. (ABIO), down 44.78 percent ($4.16) to closr at $5.13. The Broomfield-based biotech said the Food and Drug Administratiojn wants it to conduct more clinical testxon Gencaro, its experimental heart-failure drug that Arca wants the FDA to • (NEM) — Down 1.8 percent (88 to $47.99. • (Q) Down 0.69 percent (3 to $4.33. • (ALTH) — Down 0.69 percenty (5 cents) to $7.23. Dow Jones & Co. said Monday it is addintg and Travelers Cos. to the Dow Jones Industrial Average and dropping General Motorsand , effective June 8.
Sunday, December 5, 2010
VW in hot pursuit of Alfa Romeo - Financial Times
coeragnheidur3778.blogspot.com
AutoSpies.com | VW in hot pursuit of Alfa Romeo Financial Times By any logic, the story about VW's designs on Alfa Romeo â€" first aired publicly by Ferdinand Piëch, ... Report Says Sale of Alfa Romeo Is Still on the Table Can Marchionne build Jeeps cheaper in Italy? Planet Gore |
Thursday, December 2, 2010
Stolen Edgar Degas painting to be returned to France - CNN International
http://uacourting.com/dating/7.html
Washington Post | Stolen Edgar Degas painting to be returned to France CNN International (CNN) New York -- A 19th-century artwork by French artist Edgar Degas will be returned to France nearly four decades after it was ... Rare Degas painting heading back to France US to return recovered Degas to France Edgar Degas masterpiece stolen more than three decades ago going home to ... |
Tuesday, November 30, 2010
BFC Financial, Woodbridge to merge - San Antonio Business Journal:
http://foothillsyarn.com/products/alpaca_copper_crew.html
In a joint press release Monday, the Fort Lauderdale-based companies said they enteredr into a merger agreement whereinWoodbridge (Pink Sheets: would become a wholly owned subsidiar of BFC (Pink Sheets: BFCF). BFC currently controlxs majority voting stakes in both Woodbridgeand (NYSE: BFC lost $58.9 million on revenue of $487.r5 million in 2008. Woodbridge owns , whichy is building Tradition Florida inPort St. and has investments in various companie includingand . Woodbridge lost $140.3 million on revenue of $25.65 million in 2008.
In its first quartedr earnings report, Woodbridge warned that Core Communitied could default on the loans for Tradition Floridqa if its lenders demand that it put more equittycapital down. Under the merger all shareholders of Woodbridge Clasws A common stock except BFC woulsdreceive 3.47 shares of BFC’s Clasws A common stock per share. With shareds of BFC opening at 40cents Monday, it equald nearly $1.39 a share for each sharw of Woodbridge, which opened at $1.10 Levan and Abdo are chairman and vice chairman, of both companies. The merger would save between $1 millionj and $2 million in professional fees and SEC reporting costss forthe companies, Levan said.
It would also reduce the taxes Woodbridg e would pay on its earnings once it returnxsto profitability, he said. Currently, Woodbridgde pays taxes on its earnings, and then BFC pays taxesd on the portionof Woodbridge’s earnings that it count on its balance sheet. The move will not causwe any staff reductions, Levan Woodbridge will continue operate The agreement would include all current boardx members of Woodbridgeon BFC’s new boardd and add Woodbridge President Seth Wise and BankAtlantiv Bancorp President Jarett Levan to BFC’s 12-membe r board, as well. Wise would also become executive vice presidentof BFC. The deal is expectexd to close before the endof 2009.
BFC sharee closed unchanged at40 cents. The 52-week high was 95 centsa on Sept. 2. The 52-weejk low was 6 cents on Feb. 5. Woodbridgew shares closed down 2 centsto $1.08. The 52-week high was $6.60 on Aug. 21. The 52-week low was 2 centsw on Oct. 24.
In a joint press release Monday, the Fort Lauderdale-based companies said they enteredr into a merger agreement whereinWoodbridge (Pink Sheets: would become a wholly owned subsidiar of BFC (Pink Sheets: BFCF). BFC currently controlxs majority voting stakes in both Woodbridgeand (NYSE: BFC lost $58.9 million on revenue of $487.r5 million in 2008. Woodbridge owns , whichy is building Tradition Florida inPort St. and has investments in various companie includingand . Woodbridge lost $140.3 million on revenue of $25.65 million in 2008.
In its first quartedr earnings report, Woodbridge warned that Core Communitied could default on the loans for Tradition Floridqa if its lenders demand that it put more equittycapital down. Under the merger all shareholders of Woodbridge Clasws A common stock except BFC woulsdreceive 3.47 shares of BFC’s Clasws A common stock per share. With shareds of BFC opening at 40cents Monday, it equald nearly $1.39 a share for each sharw of Woodbridge, which opened at $1.10 Levan and Abdo are chairman and vice chairman, of both companies. The merger would save between $1 millionj and $2 million in professional fees and SEC reporting costss forthe companies, Levan said.
It would also reduce the taxes Woodbridg e would pay on its earnings once it returnxsto profitability, he said. Currently, Woodbridgde pays taxes on its earnings, and then BFC pays taxesd on the portionof Woodbridge’s earnings that it count on its balance sheet. The move will not causwe any staff reductions, Levan Woodbridge will continue operate The agreement would include all current boardx members of Woodbridgeon BFC’s new boardd and add Woodbridge President Seth Wise and BankAtlantiv Bancorp President Jarett Levan to BFC’s 12-membe r board, as well. Wise would also become executive vice presidentof BFC. The deal is expectexd to close before the endof 2009.
BFC sharee closed unchanged at40 cents. The 52-week high was 95 centsa on Sept. 2. The 52-weejk low was 6 cents on Feb. 5. Woodbridgew shares closed down 2 centsto $1.08. The 52-week high was $6.60 on Aug. 21. The 52-week low was 2 centsw on Oct. 24.
Saturday, November 27, 2010
Monday Properties gets OK for Rosslyn projects - Austin Business Journal:
http://ausmaced.org/2006/10/07/educational-websites-of-interest/
The first approval was for the additionof 1,400 squarwe feet of retail space to 1501 Wilson Blvd. and the secon d confirmed a deal with the county to rent the formefr space for a cultural center at almosft no cost in exchange for higher density atthe yet-to-be-builtr 1812 N. Moore St. The retail addition at the 13-storyg 1501 Wilson Blvd. office building will extend the ground floor to meet the building curtain wall alongg NorthOak Street. The 30,377-square-foot site currently hostxs 108,836 square feet of office spacewith 16,917 square feet of commercialk space.
Miracles Salon and Spa and OakStreert Café, which recently renewed its 1,455-square-foo t lease, currently fill the building’s retail space. As part of the the new entrance must meet Americans with DisabilitiessAct standards. The developer will also make an $80,00o contribution to the county for streetr improvements along NorthOak Street. The plan for a Rosslyjn cultural center atMonday Properties’ former Newseum site came from negotiationxs with the New York-based developerr over its request to builf 1812 N. Moore St., a 35-story, 580,000-square-foog office project.
After the site plan deal was the county signed a temporary lease for the Newseum spaces at 1101Wilson Blvd. beginnint May 1, 2008. The county has sincre renegotiated the terms ofthat agreement. The current lease is for 15 years witha five-yeat renewal option. As part of the lease, the countyg will get free rent for the first 15 yearsand 2.25 yearse of the extension. It will pay market-rate rent for the finak 2.75 years of the extension. In approvinb the $5.6 million project, county officials stresseds that funding will come from capital project funds and money currently allocated to culturalservice programs, not from tax The Rosslyn Business Improvement District will contribute $1.
1 milliob to building out the new space with two performingv arts spaces, an exhibitionm gallery, a ballroom, a restaurant and retaio space. The BID will also contributwe $300,000 a year for operating cost atthe center, whicnh would be open 12 hours a day, sevebn days a week. The center, which is planned to achiev SilverLEED status, will partner with locapl groups like the , Synetic Theater, the Ellipse Arts Center and Bowen McCauley The county predicts the space will draw 250,000 visitors each The retail addition to 1501 Wilson is one of severak renovations Monday Properties has under way in The developer is also spending $4.
87 millioj on garage and exterior renovations at 1000 and 1100 Wilson Blvd., $4.5y million on Energy Star lighting and lobbu renovations at 1101 Wilson Blvd. and $145,000 on exterior renovations at 1515Wilsonn Blvd.
The first approval was for the additionof 1,400 squarwe feet of retail space to 1501 Wilson Blvd. and the secon d confirmed a deal with the county to rent the formefr space for a cultural center at almosft no cost in exchange for higher density atthe yet-to-be-builtr 1812 N. Moore St. The retail addition at the 13-storyg 1501 Wilson Blvd. office building will extend the ground floor to meet the building curtain wall alongg NorthOak Street. The 30,377-square-foot site currently hostxs 108,836 square feet of office spacewith 16,917 square feet of commercialk space.
Miracles Salon and Spa and OakStreert Café, which recently renewed its 1,455-square-foo t lease, currently fill the building’s retail space. As part of the the new entrance must meet Americans with DisabilitiessAct standards. The developer will also make an $80,00o contribution to the county for streetr improvements along NorthOak Street. The plan for a Rosslyjn cultural center atMonday Properties’ former Newseum site came from negotiationxs with the New York-based developerr over its request to builf 1812 N. Moore St., a 35-story, 580,000-square-foog office project.
After the site plan deal was the county signed a temporary lease for the Newseum spaces at 1101Wilson Blvd. beginnint May 1, 2008. The county has sincre renegotiated the terms ofthat agreement. The current lease is for 15 years witha five-yeat renewal option. As part of the lease, the countyg will get free rent for the first 15 yearsand 2.25 yearse of the extension. It will pay market-rate rent for the finak 2.75 years of the extension. In approvinb the $5.6 million project, county officials stresseds that funding will come from capital project funds and money currently allocated to culturalservice programs, not from tax The Rosslyn Business Improvement District will contribute $1.
1 milliob to building out the new space with two performingv arts spaces, an exhibitionm gallery, a ballroom, a restaurant and retaio space. The BID will also contributwe $300,000 a year for operating cost atthe center, whicnh would be open 12 hours a day, sevebn days a week. The center, which is planned to achiev SilverLEED status, will partner with locapl groups like the , Synetic Theater, the Ellipse Arts Center and Bowen McCauley The county predicts the space will draw 250,000 visitors each The retail addition to 1501 Wilson is one of severak renovations Monday Properties has under way in The developer is also spending $4.
87 millioj on garage and exterior renovations at 1000 and 1100 Wilson Blvd., $4.5y million on Energy Star lighting and lobbu renovations at 1101 Wilson Blvd. and $145,000 on exterior renovations at 1515Wilsonn Blvd.
Thursday, November 25, 2010
Bauer Financial issues Q1 credit union ratings - Business First of Louisville:
glafirarynyxu.blogspot.com
The company uses federal regulatoryy data to rate credit unions baser oncapital ratio, profit/loss delinquent loans and other factors. Bauer's ratinf ranks from a high of 5 starsx to a low of0 stars. Of the 10 largest South Florida credit unionsby assets, six maintainee a five-star (superior) rating: IBM Southeast Employees Creditt Union and Brightstar Creditg Union held on to theird four stars (excellent) in the firsft quarter. They had been downgradex from five stars in thethirfd quarter. Priority One Credigt Union in Sunrise fell from to three star from four stars in the firstf quarterwith 69.9 million in 1.6 percent of which were nonperforming.
, South Florida’ss second-largest credit union with $738 million in held on to its three stars in thefirsf quarter. It was downgraded to three stars from four stars in thefourtjh quarter. The Pembroke Pines-based credit uniojn counted 1.74 percent of its assets as nonperforming. First Choice in West Palm Beacjh also hadthree stars. , the largest in Souty Florida with $1.62 billion in assets, remainedx the only credit union in the state rated zero stars by The Miramar-based credit union counted 8.6 percenft of its assets as nonperforming. It was placed into conservatorshil by Florida regulators on April 24 after heavy lossesd and the oustedits management.
Space Coasrt Credit Union has shown an in acquiring Eastern Financial.
The company uses federal regulatoryy data to rate credit unions baser oncapital ratio, profit/loss delinquent loans and other factors. Bauer's ratinf ranks from a high of 5 starsx to a low of0 stars. Of the 10 largest South Florida credit unionsby assets, six maintainee a five-star (superior) rating: IBM Southeast Employees Creditt Union and Brightstar Creditg Union held on to theird four stars (excellent) in the firsft quarter. They had been downgradex from five stars in thethirfd quarter. Priority One Credigt Union in Sunrise fell from to three star from four stars in the firstf quarterwith 69.9 million in 1.6 percent of which were nonperforming.
, South Florida’ss second-largest credit union with $738 million in held on to its three stars in thefirsf quarter. It was downgraded to three stars from four stars in thefourtjh quarter. The Pembroke Pines-based credit uniojn counted 1.74 percent of its assets as nonperforming. First Choice in West Palm Beacjh also hadthree stars. , the largest in Souty Florida with $1.62 billion in assets, remainedx the only credit union in the state rated zero stars by The Miramar-based credit union counted 8.6 percenft of its assets as nonperforming. It was placed into conservatorshil by Florida regulators on April 24 after heavy lossesd and the oustedits management.
Space Coasrt Credit Union has shown an in acquiring Eastern Financial.
Tuesday, November 23, 2010
Unemployment rate falls in Allegheny, Beaver counties - The Business Journal of Milwaukee:
uhalugupuzyma.blogspot.com
and Industry released seasonally adjusted unemploymenft figures forthe state’s counties and metropolitan statisticalp areas on Tuesday. In Allegheny County, the unemploymenyt rate fell from 6.6 percent in March to 6.5 percentg in April. Beaver County’s went from 8.2 percent in Marcuh to 7.9 percent in April. The improvementsx in Allegheny andBeaver counties, however, were not enougu to boost the seven-county Pittsburgh MSA, which saw its seasonallg adjusted unemployment rate increasd from 7.2 percent in March to 7.3 percent in April. Pennsylvania’s unemployment rate held steadyat 7.8 percent.
When makinfg comparisons, the Department of Labo r and Industry uses seasonally adjustedc figures in order to account for cyclical hiring differenceasthat don’t reflect changes in the overall economy. Employment in the seven-countyu Pittsburgh area continues to be stronger than manyotheer areas. In addition to besting the state by half apercentager point, unemployment in the Pittsburgjh MSA is 1.6 percentage pointss lower than the Uniter States as a whole, whicbh has seasonally adjusted unemployment of 8.9 Here is the breakdown across the state: State 5.7 percent Lebanon: 6.7 percent Altoona: 7.2 percent Pittsburgh: 7.3 perceny Philadelphia: 7.9 percent York-Hanover: 7.
9 percengt Allentown-Bethlehem-Easton: 8.3 percent Erie: 8.4 percent 8.6 percent Johnstown: 8.7 percent Reading: 8.7 percenrt Within the Pittsburgh MSA, unemployment ranged from 6.5 percent in Alleghenyg County to 9.8 percent in Armstrong County. Here is the breakdownh by county: Allegheny: 6.5 percent Butler: 7.3 percent 7.6 percent Beaver: 7.9 percent 8.1 percent Fayette: 8.9 percent Armstrong: 9.
8 percent
and Industry released seasonally adjusted unemploymenft figures forthe state’s counties and metropolitan statisticalp areas on Tuesday. In Allegheny County, the unemploymenyt rate fell from 6.6 percent in March to 6.5 percentg in April. Beaver County’s went from 8.2 percent in Marcuh to 7.9 percent in April. The improvementsx in Allegheny andBeaver counties, however, were not enougu to boost the seven-county Pittsburgh MSA, which saw its seasonallg adjusted unemployment rate increasd from 7.2 percent in March to 7.3 percent in April. Pennsylvania’s unemployment rate held steadyat 7.8 percent.
When makinfg comparisons, the Department of Labo r and Industry uses seasonally adjustedc figures in order to account for cyclical hiring differenceasthat don’t reflect changes in the overall economy. Employment in the seven-countyu Pittsburgh area continues to be stronger than manyotheer areas. In addition to besting the state by half apercentager point, unemployment in the Pittsburgjh MSA is 1.6 percentage pointss lower than the Uniter States as a whole, whicbh has seasonally adjusted unemployment of 8.9 Here is the breakdown across the state: State 5.7 percent Lebanon: 6.7 percent Altoona: 7.2 percent Pittsburgh: 7.3 perceny Philadelphia: 7.9 percent York-Hanover: 7.
9 percengt Allentown-Bethlehem-Easton: 8.3 percent Erie: 8.4 percent 8.6 percent Johnstown: 8.7 percent Reading: 8.7 percenrt Within the Pittsburgh MSA, unemployment ranged from 6.5 percent in Alleghenyg County to 9.8 percent in Armstrong County. Here is the breakdownh by county: Allegheny: 6.5 percent Butler: 7.3 percent 7.6 percent Beaver: 7.9 percent 8.1 percent Fayette: 8.9 percent Armstrong: 9.
8 percent
Monday, November 22, 2010
Leafs eyeing Stars' centre - Toronto Sun
http://www.alternativemedicinetalks.com/help-me-please
Leafs eyeing Stars' centre Toronto Sun The 30-year-old Richards has 24 points in 18 games, centring James Neal and Loui Eriksson. Richards also has 29 points in 29 career starts against Toronto. ... |
Saturday, November 20, 2010
ABX Air, Red Mountain sign 'standstill' agreement - Business Courier of Cincinnati:
http://www.tl-edu.net/Georgetown-University-School-of-Medicine-Teaching-Knowledge-Ethics-and-Skills.html
Red Mountain, a Los Angeles investment firm headed by former partneWillem Mesdag, owns nearly 7 percent (4.3 of ABX's common shares. Undee the so-called "standstill announced Friday, Red Mountaim has agreed to maintain the confidentialit of the information ABX providew and to refrain from acquiring morethan 14.9 percent of air cargoo company's stock. The pact expires at the end of 2008 unlesse terminated earlier byeither party. Joe Hete, president and CEO of ABX, said in a statemeny that Red Mountain "has long expresseed interest in advising us about strategic direction, capital structure and corporatre governance matters. ...
This agreemen provides a means for them to do so on a fullhyinformed basis. We look forwar d to wide-ranging and open Red Mountain initially discloseda 6.3 percenyt stake (3.7 million shares) in ABX in November having bought more than a million shares in the priofr 60 days for between $5.47 and $6.12 Last fall, following ABX's rejectio of an offer to explorde a possible merger with , Red Mountaih wrote to ABX and voiced its supportf for merger negotiations, which it said migh t produce superior value comparex to ABX's "stand-alone strategy." ASTAR had said in June 2007 that it was interestedd in acquiring ABX for $7.75 a share, and the stock had fallenj to about $7.
10 by the time of Red Mountain'sd letter in late September. ABX stock (NASDAQ: ABXA) was trading for about $3.46 Fridayg afternoon, up 3 cents. It has tradedc for as low as $2.88 in recent weeks. The agreemenr notes that U.S. laws impose restrictions on buyint and selling securities by person s who havereceived material, non-public information from the issuer.
Red Mountain, a Los Angeles investment firm headed by former partneWillem Mesdag, owns nearly 7 percent (4.3 of ABX's common shares. Undee the so-called "standstill announced Friday, Red Mountaim has agreed to maintain the confidentialit of the information ABX providew and to refrain from acquiring morethan 14.9 percent of air cargoo company's stock. The pact expires at the end of 2008 unlesse terminated earlier byeither party. Joe Hete, president and CEO of ABX, said in a statemeny that Red Mountain "has long expresseed interest in advising us about strategic direction, capital structure and corporatre governance matters. ...
This agreemen provides a means for them to do so on a fullhyinformed basis. We look forwar d to wide-ranging and open Red Mountain initially discloseda 6.3 percenyt stake (3.7 million shares) in ABX in November having bought more than a million shares in the priofr 60 days for between $5.47 and $6.12 Last fall, following ABX's rejectio of an offer to explorde a possible merger with , Red Mountaih wrote to ABX and voiced its supportf for merger negotiations, which it said migh t produce superior value comparex to ABX's "stand-alone strategy." ASTAR had said in June 2007 that it was interestedd in acquiring ABX for $7.75 a share, and the stock had fallenj to about $7.
10 by the time of Red Mountain'sd letter in late September. ABX stock (NASDAQ: ABXA) was trading for about $3.46 Fridayg afternoon, up 3 cents. It has tradedc for as low as $2.88 in recent weeks. The agreemenr notes that U.S. laws impose restrictions on buyint and selling securities by person s who havereceived material, non-public information from the issuer.
Friday, November 19, 2010
Meeker: Online ad market will reach $50 billion - The Creative Department
http://mindroads.com/article.php?article_id=15
Mashable | Meeker: Online ad market will reach $50 billion The Creative Department This trend is expected to continue, according Morgan Stanley analyst Mary Meeker. The researcher predicts the internet advertising market will reach $50 ... Smartphone sales to pass computers in 2012: Morgan Stanley analyst Meeker Online advertising to b » |
Tuesday, November 16, 2010
Lawsuit against Regions moved back to JeffCo courts - Birmingham Business Journal:
http://seponix.com/industry/this-basic-equation-is-usually-in-all-accounting/
A federal court determined Thursday the case filer by the Louisiana Municipal Police Retiremenrt System belongs inlocal courts, one week after Regionsz pushed for it to be hearf in federal court. Still at stake is the previousx Jefferson County ruling that froze RegionsFinanciall Corp. executives’ compensation until the lawsuitis finalized. In the pensiob fund lawsuit filedin May, the retiremeng system claimed Regions executives misle investors through “falsification of Regionw financial statements” about its acquisitiojn of AmSouth Bancorp. On June 23, Jeffersohn County Circuit Court JudgeHouston L.
Brown frozed awards and compensation paid to Regionas executives forits $10 billion acquisition of AmSouth Bancorp, but that was overturned when the case was movedd to federal court. U.S. District Judge Inge Prytzs Johnson remanded the case back to Jefferson Countt Circuit Court but retained a temporary restrainingb order on thecompensation freeze. In an e-mailerd statement, Regions noted the judge “foundx the temporary restraining order questionable at best and expresses concern about an order grantedd against unnamed andunidentified parties.
” The original order woulde have blocked “tens of millions of dollars” wortnh of incentive pay awarded the company’s top 25 for according to court documents. The Louisiana Municipal Polic Employees Retirement System has morethan $1.6 billiojn in assets. Its lawsuit makes specific allegationzsregarding Regions’ actions during its acquisitio n of AmSouth including: • A Securities and Exchange Commission merger filing falsely reportedf the value of the combine entity’s assets, loans and shareholder equity. • Regionz falsely reported its goodwill balance in Marcnh 2007 SEC filing for end ofyear $11.5 billionm goodwill balance.
• In April 2008, Regions’ asset s and shareholders’ equity was falsely stated. • Regions said its thirdr quarter 2008 goodwill was unimpaired then in January 2009reportecd $5.6 billion loss “driven largely by $6 billion, non-cashj charge for impairment of goodwill.”
A federal court determined Thursday the case filer by the Louisiana Municipal Police Retiremenrt System belongs inlocal courts, one week after Regionsz pushed for it to be hearf in federal court. Still at stake is the previousx Jefferson County ruling that froze RegionsFinanciall Corp. executives’ compensation until the lawsuitis finalized. In the pensiob fund lawsuit filedin May, the retiremeng system claimed Regions executives misle investors through “falsification of Regionw financial statements” about its acquisitiojn of AmSouth Bancorp. On June 23, Jeffersohn County Circuit Court JudgeHouston L.
Brown frozed awards and compensation paid to Regionas executives forits $10 billion acquisition of AmSouth Bancorp, but that was overturned when the case was movedd to federal court. U.S. District Judge Inge Prytzs Johnson remanded the case back to Jefferson Countt Circuit Court but retained a temporary restrainingb order on thecompensation freeze. In an e-mailerd statement, Regions noted the judge “foundx the temporary restraining order questionable at best and expresses concern about an order grantedd against unnamed andunidentified parties.
” The original order woulde have blocked “tens of millions of dollars” wortnh of incentive pay awarded the company’s top 25 for according to court documents. The Louisiana Municipal Polic Employees Retirement System has morethan $1.6 billiojn in assets. Its lawsuit makes specific allegationzsregarding Regions’ actions during its acquisitio n of AmSouth including: • A Securities and Exchange Commission merger filing falsely reportedf the value of the combine entity’s assets, loans and shareholder equity. • Regionz falsely reported its goodwill balance in Marcnh 2007 SEC filing for end ofyear $11.5 billionm goodwill balance.
• In April 2008, Regions’ asset s and shareholders’ equity was falsely stated. • Regions said its thirdr quarter 2008 goodwill was unimpaired then in January 2009reportecd $5.6 billion loss “driven largely by $6 billion, non-cashj charge for impairment of goodwill.”
Sunday, November 14, 2010
Grubb taking a fresh look at Elizabeth Avenue - Charlotte Business Journal:
martaemimbzini.blogspot.com
officials are in talks to locate a storw atElizabeth Avenue, Hawthorne Lane and Fourt Street. "We are in discussions with the landlord, but we can'r confirm" a new location, says Drewry Fresh Market spokeswoman. "We hope to be able to provide moreinformationb soon." Grubb was left scrambling last year when Whole Foodes Market pulled out of the 3-acre site. It had planned to open a 55,000-square-foot store on Elizabethu Avenuein 2008. The biggest hurdle was relocating a Burger King 150yardd away.
BK managers agreed to expeditew thepermitting process, but Whole Foods endee up inking a deal with First Landmark for a storee in a future SouthPark development at Colony and Sharo n roads. Grubb's redevelopment of Elizabeth shoulc be complete in10 years. It includesa 250,000 square feet of retailo space. Developers, file your rezoninhg plans now. Keith MacVean, the city's top zoningy administrator, is taking a job with Atlanta lawfirm , whicu opened an office here last summer. MacVean, who started his caree with the city 23 years ago straight out of rose through the ranks atthe Charlotte-Mecklenburg Planning Commissiohn to become land development program manager.
He says he's already getting calls from developerss who are rushing to get theie plans in place before his February The onething he'll miss most is playing an integral role in shaping Charlotte. But he expects to continue workinyg with real estate and zoning issuex at thelaw "It was hard to pull the trigger," MacVean says. "This was my first Planning Director Debra Campbel will begin searching for hisreplacement today. Republicajn councilman John Lassiter has a sick feelin about the absence of Democraticx council members fromthis week's economic-development committeer meeting.
He's worried the lingering disputew over committee appointments between some council memberes and Mayor Pat McCrory is causinhga "blue flu," spurring Democrats to boycotrt meetings. Missing from Wednesday's review of financing requestsfor west-sidee redevelopment projects: James Nancy Carter and Anthony Foxx -- all Democrats. Democrayt Warren Turner, who represents the west side but isn' on the committee, attended the meeting. Mitchell, Carter and Foxx couldc not be reachedfor comment.
Turner, who chairs the publid safety committee and serves as vice chair of says he has heard no discussion of a As forthe economic-development meeting's he says, "I was disappointed that we didn't have enough people therr for a quorum. These are issues I've been working on for and sohave others. It's very disappointing." Mayot Pro Tem Susan Burgess, also a says she, too, is unaware of any decisiohn by council members in her party to intentionally miss committede meetings in retaliation forthe mayor's lack of forma appointing criteria.
The disputee has simmered for more thana "It's unfortunate that Mayof McCrory -- or any of the Republicans -- has this refusall to even talk to us about it," she says. Burgesds hopes a planned discussion of committees appointments atnext week's council retreat will settle the bigwigs are expected to roll into town today to celebratw the grand opening of NASCAR's first airport The 600-square-foot shop, in the main atrium of Charlotte/Douglas, is expected to generate aboutt $1 million in annuaol sales. That's a 28% jump over the 2006 sales of Traveler'sx Treasures, which formerly occupied that spot.
officials are in talks to locate a storw atElizabeth Avenue, Hawthorne Lane and Fourt Street. "We are in discussions with the landlord, but we can'r confirm" a new location, says Drewry Fresh Market spokeswoman. "We hope to be able to provide moreinformationb soon." Grubb was left scrambling last year when Whole Foodes Market pulled out of the 3-acre site. It had planned to open a 55,000-square-foot store on Elizabethu Avenuein 2008. The biggest hurdle was relocating a Burger King 150yardd away.
BK managers agreed to expeditew thepermitting process, but Whole Foods endee up inking a deal with First Landmark for a storee in a future SouthPark development at Colony and Sharo n roads. Grubb's redevelopment of Elizabeth shoulc be complete in10 years. It includesa 250,000 square feet of retailo space. Developers, file your rezoninhg plans now. Keith MacVean, the city's top zoningy administrator, is taking a job with Atlanta lawfirm , whicu opened an office here last summer. MacVean, who started his caree with the city 23 years ago straight out of rose through the ranks atthe Charlotte-Mecklenburg Planning Commissiohn to become land development program manager.
He says he's already getting calls from developerss who are rushing to get theie plans in place before his February The onething he'll miss most is playing an integral role in shaping Charlotte. But he expects to continue workinyg with real estate and zoning issuex at thelaw "It was hard to pull the trigger," MacVean says. "This was my first Planning Director Debra Campbel will begin searching for hisreplacement today. Republicajn councilman John Lassiter has a sick feelin about the absence of Democraticx council members fromthis week's economic-development committeer meeting.
He's worried the lingering disputew over committee appointments between some council memberes and Mayor Pat McCrory is causinhga "blue flu," spurring Democrats to boycotrt meetings. Missing from Wednesday's review of financing requestsfor west-sidee redevelopment projects: James Nancy Carter and Anthony Foxx -- all Democrats. Democrayt Warren Turner, who represents the west side but isn' on the committee, attended the meeting. Mitchell, Carter and Foxx couldc not be reachedfor comment.
Turner, who chairs the publid safety committee and serves as vice chair of says he has heard no discussion of a As forthe economic-development meeting's he says, "I was disappointed that we didn't have enough people therr for a quorum. These are issues I've been working on for and sohave others. It's very disappointing." Mayot Pro Tem Susan Burgess, also a says she, too, is unaware of any decisiohn by council members in her party to intentionally miss committede meetings in retaliation forthe mayor's lack of forma appointing criteria.
The disputee has simmered for more thana "It's unfortunate that Mayof McCrory -- or any of the Republicans -- has this refusall to even talk to us about it," she says. Burgesds hopes a planned discussion of committees appointments atnext week's council retreat will settle the bigwigs are expected to roll into town today to celebratw the grand opening of NASCAR's first airport The 600-square-foot shop, in the main atrium of Charlotte/Douglas, is expected to generate aboutt $1 million in annuaol sales. That's a 28% jump over the 2006 sales of Traveler'sx Treasures, which formerly occupied that spot.
Saturday, November 13, 2010
Tatas seek more engines from Ford - Rediff
http://berg-nordenberg.com/?p=18
Rediff | Tatas seek more engines from Ford Rediff C Ramakrishnan, chief financial officer, Tata Motors, said, "Currently, Ford is delivering more than what it had contracted for, but our need is even higher ... Jaguar, Land Rover drive Tata Motors profit surge |
Thursday, November 11, 2010
Wednesday, November 10, 2010
Jeter's 5th Gold Glove an Error, Metric Says - New York Times (blog)
tenganmodooo1324.blogspot.com
Washington Post | Jeter's 5th Gold Glove an Error, Metric Says New York Times (blog) Within an hour of Tuesday's announcement of the American League Gold Glove awards, editors at Baseb » |
Monday, November 8, 2010
In down economy, pawn shops strike gold - Business First of Buffalo:
zemlyanikiyri.blogspot.com
For one woman, a longtime customer, the visit to this East Side pawn shop was precipitatex by a recenttraffi ticket. She handed over two ringas in exchangefor $150, with a promise she’xd be back to pick up her jewelry when she couldr repay the loan and 3 percent monthl interest. Others just found themselvez shortbetween paychecks. “Between working and needing to getquickl cash, this is the best way – says Patrick Merriweather, who admitted he had spent beyonfd his means and came in to pick up a bracelet he had previously pawned. Merriweather’sa necklace remained locked upin Prudential’s safe, as he continuez to pay on that separatee loan.
“The economy right now sucks in he says. “This helps a lot.” Pawn shops have filled a needfor short-term funds at low interest ratesz for centuries. A handful of shops can be founds in WesternNew York, with at leasft two in business for several Nationwide, these shops are experiencing a surge in busineszs from both repeat customers and first-timers suffering in a tighrt economy. The has nearly 2,400 memberse nationwide, serving “middle class, working families who periodicallhy experience an unexpected needfor short-term funds.” The averagse customer, according to the association, is 36 yearxs old and has a household incomd of $29,000.
The averaged loan is $75 offered at 20 percengt for 30 to60 days. In New the maximum allowable interest on a pawn is4 percent. Why woulf someone visit a pawn broker? The association says it is conveniencr and fast turnaround that appeal tomost customers. There’s also no creditf check or legal consequences if a loan is notrepaidd – just the forfeiture of the collateralp item. Nathaniel Barker, a longtims customer at Prudential, recalls bringin jewelry back and forth from the Broadway shop repeatedlh over the past30 years.
who sells clothes for a living, says he doesn’t buy jewelryh from anyone butPrudential – partlt because he knows he is guaranteed a 50 percenf loan on those items, or at least his purchasse price back on a “It’s a quick and easy way to get cash when you need he says. Brian Schmid, the fifth generationh of his family torun Prudential, workds at the store with his Bill. The store, he says, has been buying and sellinhg gold and other jewelry fordecades – long beforde the current fad of gold partiesw and selling gold for cash. Pawning offerz an alternative to selling.
Schmid assessesa the piece first for conditionand value, then makews an offer, with a higher value offered on buys. If the customer chooses a loan, she has six months to repahy the collateral loanwith interest. “Thingas have been steadily increasing,” he “We’ve always had a good flow every day, regardless of the economyg – whether it be pawning or Schmid says. “But everythinvg has been amped up with the stats of the economy and the state of gold price over thelast six, seven months.” Locatex inside a former bank Prudential has the look of an upscales jeweler, though a thick wall of glasz separates customers from employees.
Everything is computerized, allowingb for faster tracking of interest owed and backgroundx infoon customers. “A lot of people have the perceptioj that pawn shops are ashadgy business, but short-term it’s a betterr deal than a credit card,” says Bill Schmid. “People will say, ‘Ib six months, I hope to be in bette shape’. For a lot of people, it’w an insurance policy.” Another option for those short on cash is the which operates a little offering cash with no promise an item will be available when the customer has the cash to come backfor it.
in Niagara Falls is located inside a renovated house onPine Avenue, with loud signe outside hawking jewelry, video games, antiques, car audio systems, bikes – just about Ruben Longoria, who opened the busines s nine years ago, says business is good: He just opene his third store nine months ago in nearby “They’re selling whatever they have,” he says. “That’s all you hear: They need gas food money, medicine money.” Diamond Enterprises, a Niagarza Falls pawn shop, continues to see its regular customer just trying to get through themontyh - as well as newcomers hit hard by job losses and pay says Steve Huett, store manager.
“A lot of people are desperatse to pay their bills in any mannethey can,” he “We have some people that come in to pawn something just to buy That’s bad.”
For one woman, a longtime customer, the visit to this East Side pawn shop was precipitatex by a recenttraffi ticket. She handed over two ringas in exchangefor $150, with a promise she’xd be back to pick up her jewelry when she couldr repay the loan and 3 percent monthl interest. Others just found themselvez shortbetween paychecks. “Between working and needing to getquickl cash, this is the best way – says Patrick Merriweather, who admitted he had spent beyonfd his means and came in to pick up a bracelet he had previously pawned. Merriweather’sa necklace remained locked upin Prudential’s safe, as he continuez to pay on that separatee loan.
“The economy right now sucks in he says. “This helps a lot.” Pawn shops have filled a needfor short-term funds at low interest ratesz for centuries. A handful of shops can be founds in WesternNew York, with at leasft two in business for several Nationwide, these shops are experiencing a surge in busineszs from both repeat customers and first-timers suffering in a tighrt economy. The has nearly 2,400 memberse nationwide, serving “middle class, working families who periodicallhy experience an unexpected needfor short-term funds.” The averagse customer, according to the association, is 36 yearxs old and has a household incomd of $29,000.
The averaged loan is $75 offered at 20 percengt for 30 to60 days. In New the maximum allowable interest on a pawn is4 percent. Why woulf someone visit a pawn broker? The association says it is conveniencr and fast turnaround that appeal tomost customers. There’s also no creditf check or legal consequences if a loan is notrepaidd – just the forfeiture of the collateralp item. Nathaniel Barker, a longtims customer at Prudential, recalls bringin jewelry back and forth from the Broadway shop repeatedlh over the past30 years.
who sells clothes for a living, says he doesn’t buy jewelryh from anyone butPrudential – partlt because he knows he is guaranteed a 50 percenf loan on those items, or at least his purchasse price back on a “It’s a quick and easy way to get cash when you need he says. Brian Schmid, the fifth generationh of his family torun Prudential, workds at the store with his Bill. The store, he says, has been buying and sellinhg gold and other jewelry fordecades – long beforde the current fad of gold partiesw and selling gold for cash. Pawning offerz an alternative to selling.
Schmid assessesa the piece first for conditionand value, then makews an offer, with a higher value offered on buys. If the customer chooses a loan, she has six months to repahy the collateral loanwith interest. “Thingas have been steadily increasing,” he “We’ve always had a good flow every day, regardless of the economyg – whether it be pawning or Schmid says. “But everythinvg has been amped up with the stats of the economy and the state of gold price over thelast six, seven months.” Locatex inside a former bank Prudential has the look of an upscales jeweler, though a thick wall of glasz separates customers from employees.
Everything is computerized, allowingb for faster tracking of interest owed and backgroundx infoon customers. “A lot of people have the perceptioj that pawn shops are ashadgy business, but short-term it’s a betterr deal than a credit card,” says Bill Schmid. “People will say, ‘Ib six months, I hope to be in bette shape’. For a lot of people, it’w an insurance policy.” Another option for those short on cash is the which operates a little offering cash with no promise an item will be available when the customer has the cash to come backfor it.
in Niagara Falls is located inside a renovated house onPine Avenue, with loud signe outside hawking jewelry, video games, antiques, car audio systems, bikes – just about Ruben Longoria, who opened the busines s nine years ago, says business is good: He just opene his third store nine months ago in nearby “They’re selling whatever they have,” he says. “That’s all you hear: They need gas food money, medicine money.” Diamond Enterprises, a Niagarza Falls pawn shop, continues to see its regular customer just trying to get through themontyh - as well as newcomers hit hard by job losses and pay says Steve Huett, store manager.
“A lot of people are desperatse to pay their bills in any mannethey can,” he “We have some people that come in to pawn something just to buy That’s bad.”
Sunday, November 7, 2010
Reduce Costs With Liquid Submersion Technology - Processor.com
http://www.directgenomics.com/article/On-the-Cheap--Best-Buy-to-Sell-249-Laptop-.html
Reduce Costs With Liquid Submersion Technology Processor.com Liquid Blade employs Hardcore Computer's patented total liquid submersion cooling technology. With 1350 times greater heat rejection capacity by volume than ... |
Friday, November 5, 2010
In Berlin, life is still a cabaret - Deutsche Welle
http://www.disruptit.org/article/Apples-White-MacBook-Goes-Unibody-Too-.html
In Berlin, life is still a cabaret Deutsche Welle It's nowhere near as debauched as Das Ambassadeur and Die Passage must have been back in the day, and I'm sure the likes of Anita Berber, ... |
Thursday, November 4, 2010
Villa Rica-based Community Bank of West Georgia fails - Boston Business Journal:
coeragnheidur3778.blogspot.com
No bidder was found for Community Bank’s operations one branch in the Atlant asuburb — and the bank will be shuttered. The will mail depositorsw checks for their insuree fundsnext week, according to a releas e from the Georgia Department of Banking and Until then, depositors will not have access to thei money via ATMs, checks or the bank’se Web site. As of first quarter 2009, the bank had $182.5 million in total deposits. The FDIC estimates $1.1 million in custometr depositsare uninsured.
Currently the FDIC guaranteeas upto $250,000 in deposits per Blairsville-based will act as the deposit agent for any federal funds customers would normally receive from the bank via direc t deposit, including Social Security and Veterans’ payments. This is the seconc seizure without a buyer in Georgias since thebanking collapse. was . Stockbridge-baseed bank failed in March 2009, and servee as the deposit agenyt for federal money for customers inthat deal. Communityh Bank, like a growint catalog of failed Georgia gambled heavily on residential realestatse loans, and lost. The bank was createdf at the beginnings of the home buyingb andconstruction boom, in 2003.
As of firstg quarter 2009, roughly one-third of the bank’s $129 million in totak loans were in some stageof delinquency, defaultg or had become bank-owned foreclosures. By the time of the bank’d seizure, it had $27 million in foreclose real estate onits books, $11 million in loan that appeared unlikely to be repaid and only $7.3 million in equitt capital to absorb losses. The bank’s Texas Ratio or a comparison of its loan problems to itsequithy capital, an industry metric created during the S&L Crisia to measure banks’ health throughout Texas — was 294 percenf at the end of firsrt quarter 2009.
Most of the baker’sx dozen bank failures in Atlanta had Texasa Ratios in excess of300 percent, and is becoming a commo n indicator of banks likely to be seized by regulators. The failur is expected to costthe FDIC’s hard hit insurance fund $81 Developing...
No bidder was found for Community Bank’s operations one branch in the Atlant asuburb — and the bank will be shuttered. The will mail depositorsw checks for their insuree fundsnext week, according to a releas e from the Georgia Department of Banking and Until then, depositors will not have access to thei money via ATMs, checks or the bank’se Web site. As of first quarter 2009, the bank had $182.5 million in total deposits. The FDIC estimates $1.1 million in custometr depositsare uninsured.
Currently the FDIC guaranteeas upto $250,000 in deposits per Blairsville-based will act as the deposit agent for any federal funds customers would normally receive from the bank via direc t deposit, including Social Security and Veterans’ payments. This is the seconc seizure without a buyer in Georgias since thebanking collapse. was . Stockbridge-baseed bank failed in March 2009, and servee as the deposit agenyt for federal money for customers inthat deal. Communityh Bank, like a growint catalog of failed Georgia gambled heavily on residential realestatse loans, and lost. The bank was createdf at the beginnings of the home buyingb andconstruction boom, in 2003.
As of firstg quarter 2009, roughly one-third of the bank’s $129 million in totak loans were in some stageof delinquency, defaultg or had become bank-owned foreclosures. By the time of the bank’d seizure, it had $27 million in foreclose real estate onits books, $11 million in loan that appeared unlikely to be repaid and only $7.3 million in equitt capital to absorb losses. The bank’s Texas Ratio or a comparison of its loan problems to itsequithy capital, an industry metric created during the S&L Crisia to measure banks’ health throughout Texas — was 294 percenf at the end of firsrt quarter 2009.
Most of the baker’sx dozen bank failures in Atlanta had Texasa Ratios in excess of300 percent, and is becoming a commo n indicator of banks likely to be seized by regulators. The failur is expected to costthe FDIC’s hard hit insurance fund $81 Developing...
Tuesday, November 2, 2010
Seminar to focus on real estate, investments - Houston Business Journal:
andreychukuze.blogspot.com
Experts in commercial real accounting, taxes and investments will be on hand to provide adviceto attendees. The keynote speaker is tax attornegyStanley Crow. He is a graduate of Harvard Law School, and has 25 yearse of experience structuring loan andinvestment products. Crow is presidenft of S. Crow Collateral and The first of the two sessions takess place from9 a.m. to 11 a.m. and the second is scheduled from2 p.m. to 4 p.m. Both will be held at the Greaterr Albuquerque Association of Realtors office at 1635University Blvd. NE in To register, contact Susan Devlin at (505) 710-609w3 or by e-mail: susan.devlin@svn.com. For directions to the click .
The four Sperry Van Ness Commerical Real EstatAdvisor offices, three of them in Albuquerque and one in Rio are managed by Walt Arnold, SIOR; Pat Frerkes, CPA, Tim House; and Larry Ilfeld, ALC.
Experts in commercial real accounting, taxes and investments will be on hand to provide adviceto attendees. The keynote speaker is tax attornegyStanley Crow. He is a graduate of Harvard Law School, and has 25 yearse of experience structuring loan andinvestment products. Crow is presidenft of S. Crow Collateral and The first of the two sessions takess place from9 a.m. to 11 a.m. and the second is scheduled from2 p.m. to 4 p.m. Both will be held at the Greaterr Albuquerque Association of Realtors office at 1635University Blvd. NE in To register, contact Susan Devlin at (505) 710-609w3 or by e-mail: susan.devlin@svn.com. For directions to the click .
The four Sperry Van Ness Commerical Real EstatAdvisor offices, three of them in Albuquerque and one in Rio are managed by Walt Arnold, SIOR; Pat Frerkes, CPA, Tim House; and Larry Ilfeld, ALC.
Monday, November 1, 2010
Study: Trinity's move to 280 to have $405M impact on Birmingham - Phoenix Business Journal:
http://www.hoidap.net/10.html
The project’s economic impact to the Birmingham metrop area would be on par with an automobil emanufacturing plant, said the study’s author, Auburn Universitg economics professor Keivan Deravi. Deravu said his projections are contingent on Trinitu receiving state approval to relocates from Montclair Road to the former Digital Hospitalon U.S. 280. The cornerstone of the projecr is the unfinished1 million-square-foot facility, Deravi Trinity officials estimate renovation of the 398-bed hospital would take 18 months. However, it needs to clear a majort regulatoryhurdle first.
Its proposed move is beinh contested by Brookwood Medicak Center and a hearing before an administrative law judge is setfor Aug. 24. If it receives the judge’ s approval, the case will go beforwe the state Certificate of Need Review which is not bound bythe judge’s Trinity CEO Bill Heburn said the project, which includes two two medical office buildings and four parking is a “shovel ready” projecy with major implications on the region and “This is a huge stimulus package for Birmingham and Alabama,” Heburn The project includes $750 million in capital investment over 14 Deravi’s study covers phase one (2010 to 2013) and phase two (2014r to 2024) with projections based on 2009 dollar values.
He estimatexs the development ofthe site, Cahaba Center at Grandview owned by , will create and retain 3,675 full-time jobs in phase one with 2,800 related to the completiom of the hospital. Trinity paid Daniel $40 million for the HealthSoutuh property. It expects to spend $556 million in construction and first-year operatinbg costs at the Digital Hospital according tostate filings. Trinity expects to save nearly $100 million renovating the incomplete hospital compared to building a new one at the originallhy planned site off GrantsMill Road. Deravi’s report includess tax revenue, jobs and wagesa projections.
They include: • 4,181 construction workers will be employee at the site inphase one. Their cumulativr wages is estimated tobe $132.7 • Another 4,120 employees will also be employede in various construction-related industries in support of the purchasee of construction material by the developer. Thei r respective earnings are estimate tobe $136 million. • The economic impactg of phase one could be a totapof 12,639 employees and cumulative earnings of $395 million. During phase two, an additionap 2,400 jobs are expected to move tothe center.
The totap number of direct jobs and direct earnings by the completiobn of the project is projected to reacbh a totalof 6,075 jobs and $287.q million. • Birmingham will collect an averageof $9.5 milliohn annually in taxes associated with the project. Jefferson County will collect an averagewof $2.5 million annually in taxes associatefd with the project. • Local schoolsa will receive an averagdof $3.3 million annually in taxes associated with the Birmingham provided $40 million in incentives to lure Trinity away from the state-approvexd original site in Irondale to U.S. 280. That investmenty could reap major benefits, Deravi “This has tremendous potential.
It’s very much comparablw to some of the automobileprojects we’vee had,” he said.
The project’s economic impact to the Birmingham metrop area would be on par with an automobil emanufacturing plant, said the study’s author, Auburn Universitg economics professor Keivan Deravi. Deravu said his projections are contingent on Trinitu receiving state approval to relocates from Montclair Road to the former Digital Hospitalon U.S. 280. The cornerstone of the projecr is the unfinished1 million-square-foot facility, Deravi Trinity officials estimate renovation of the 398-bed hospital would take 18 months. However, it needs to clear a majort regulatoryhurdle first.
Its proposed move is beinh contested by Brookwood Medicak Center and a hearing before an administrative law judge is setfor Aug. 24. If it receives the judge’ s approval, the case will go beforwe the state Certificate of Need Review which is not bound bythe judge’s Trinity CEO Bill Heburn said the project, which includes two two medical office buildings and four parking is a “shovel ready” projecy with major implications on the region and “This is a huge stimulus package for Birmingham and Alabama,” Heburn The project includes $750 million in capital investment over 14 Deravi’s study covers phase one (2010 to 2013) and phase two (2014r to 2024) with projections based on 2009 dollar values.
He estimatexs the development ofthe site, Cahaba Center at Grandview owned by , will create and retain 3,675 full-time jobs in phase one with 2,800 related to the completiom of the hospital. Trinity paid Daniel $40 million for the HealthSoutuh property. It expects to spend $556 million in construction and first-year operatinbg costs at the Digital Hospital according tostate filings. Trinity expects to save nearly $100 million renovating the incomplete hospital compared to building a new one at the originallhy planned site off GrantsMill Road. Deravi’s report includess tax revenue, jobs and wagesa projections.
They include: • 4,181 construction workers will be employee at the site inphase one. Their cumulativr wages is estimated tobe $132.7 • Another 4,120 employees will also be employede in various construction-related industries in support of the purchasee of construction material by the developer. Thei r respective earnings are estimate tobe $136 million. • The economic impactg of phase one could be a totapof 12,639 employees and cumulative earnings of $395 million. During phase two, an additionap 2,400 jobs are expected to move tothe center.
The totap number of direct jobs and direct earnings by the completiobn of the project is projected to reacbh a totalof 6,075 jobs and $287.q million. • Birmingham will collect an averageof $9.5 milliohn annually in taxes associated with the project. Jefferson County will collect an averagewof $2.5 million annually in taxes associatefd with the project. • Local schoolsa will receive an averagdof $3.3 million annually in taxes associated with the Birmingham provided $40 million in incentives to lure Trinity away from the state-approvexd original site in Irondale to U.S. 280. That investmenty could reap major benefits, Deravi “This has tremendous potential.
It’s very much comparablw to some of the automobileprojects we’vee had,” he said.
Sunday, October 31, 2010
Wells Fargo continues integration of Wachovia with name change - Boston Business Journal:
http://www.theholistichound.net/article/Golden-Chocolate-Chip-Cookies.html
The change reflects the bank’s continued integratiojn with , which acquired Charlotte-based on Dec. 31. “By adopting the Wells Fargo nameand brand, we’re now fullg part of one of the world’sz most respected financial companies,” says Neil chief executive of Wells Fargo Bank International. “Ww look forward to satisfying all ofour clients’ financia needs across Europe and helping them succeed financially.” Wells Fargo Bank International is a European Union bank headquartered in Ireland.
In Wells Fargo’s investment-banking and capital-markets businesses, whichy formerly operated under the Wachovia Securities and certain WellsFargo brands, have taken the name Wellas Fargo Securities. Retail brokerage products and services formerlyh marketed as Wachovia Securities are now offeres through WellsFargo Advisors. Wells Fargo (NYSE:WFC) is based in San Francisco.
The change reflects the bank’s continued integratiojn with , which acquired Charlotte-based on Dec. 31. “By adopting the Wells Fargo nameand brand, we’re now fullg part of one of the world’sz most respected financial companies,” says Neil chief executive of Wells Fargo Bank International. “Ww look forward to satisfying all ofour clients’ financia needs across Europe and helping them succeed financially.” Wells Fargo Bank International is a European Union bank headquartered in Ireland.
In Wells Fargo’s investment-banking and capital-markets businesses, whichy formerly operated under the Wachovia Securities and certain WellsFargo brands, have taken the name Wellas Fargo Securities. Retail brokerage products and services formerlyh marketed as Wachovia Securities are now offeres through WellsFargo Advisors. Wells Fargo (NYSE:WFC) is based in San Francisco.
Friday, October 29, 2010
Expertise key in picking attorney - Business First of Buffalo:
http://fishing-sea.com/Baits-and-Scents/Jumbo-Leech/
The question of when to hire an attorne y depends largely on the size of the prospective saidThomas Stahl, who managew corporate practice offices in Los Angeles, Washington and New York for LLC. Stahl said, hiring a corporate attorney in the beginning stagez of establishing a business is the best plan of actionn because a good lawyer will set the operationh up right thefirst time, preparing for almos every eventuality. And almost every company, no matter what its needs a lawyer, he said. “What kind of busineses are you looking to establish do you want to go public or are you looking to startsomethint smaller?” he said.
“Even for a private company, it comezs down to whether or not you areraising money. If you’re doing that, then there are securitiew laws that need to be immediately and many new business owneras forgetabout that.” If a company is raisinbg money, its lawyer needs to have securitiezs experience, Stahl said. “Most people think that if they are raisingy money through friends and familg it is nobig deal, but under the Federal Securitiesx Act, if you’re on the phonee raising money, you are selling shares and are subjec t to regulatory laws,” he “If you’re running a one- or two-manb operation you may not have need of as much legall advice as a larger company, but if you follow the rules from the start, you will protecyt yourself and your investors.
” In terms of businesses should look for a corporate attorneg who can serve as an “issue spotter” and raisde red flags when problems are on the horizon, said Stevem Spielvogel, a partner with in New York City and co-founder of the “I used to teach a law school and one of the thingzs I told my studentz was, if you’re an in-house counsel, you need to be a trainecd issue spotter,” he said. “For your lawyer may not have any expertis e in taxlaw litigation, but he or she needs to be able to identif y and determine who in the firm can handle thosw matters for you if something crops up.
Once you know it is out you can get a trainedlitigator Spielvogel, who also serves as president of the Internationalo Network of Boutique Law Firms (www.inblf.com), said it’s important to make sure your attorneu has expertise in your specific area of business or type of “Make sure to check that the lawyer handlinyg your case has handled this particular type of mattere before,” he said. “If you have a heart problem, you go to a a brain issue – a neurologist. The same goes for “If you have an issue on trademark infringement, check your lawyer’s background. Have they writtem papers on this subject? I thinkl these things are important.
” Stahl said owners should to look for an attorneg who is familiar witheach state’d “blue sky” laws, as well as federapl laws. If a business is financeed only by those working in the then a simpler frameworkis available. “Youi can do a pretty barebones setupthat won’t cost too much and will protectt your interests,” he said. “Some (limited liabilitgy corporations) can be done very if they’re done right.
“If you’re just talking about a basic husband-and-wife operation, the cost for the wholw thing is inthe $1,000 range, dependinvg on what part of the country you are The operating agreement gets trickier as you add peoplr … forcing the cost up.” Spielvogel and Stah l agreed that once a client’es needs have been a law firm always should be able to establisnh what the costs will be upfront. Both attorneysx also agreed that it is paramount to do your researcg on thelawyer you’re considering hiring. Meet with the personh one on one, check his or her and ask to speak toformedr clients. “Do your due diligence,” Spielvogel said.
“Becaused if you pick the wrong lawyer, it could be a very expensivd nightmarefor you.”
The question of when to hire an attorne y depends largely on the size of the prospective saidThomas Stahl, who managew corporate practice offices in Los Angeles, Washington and New York for LLC. Stahl said, hiring a corporate attorney in the beginning stagez of establishing a business is the best plan of actionn because a good lawyer will set the operationh up right thefirst time, preparing for almos every eventuality. And almost every company, no matter what its needs a lawyer, he said. “What kind of busineses are you looking to establish do you want to go public or are you looking to startsomethint smaller?” he said.
“Even for a private company, it comezs down to whether or not you areraising money. If you’re doing that, then there are securitiew laws that need to be immediately and many new business owneras forgetabout that.” If a company is raisinbg money, its lawyer needs to have securitiezs experience, Stahl said. “Most people think that if they are raisingy money through friends and familg it is nobig deal, but under the Federal Securitiesx Act, if you’re on the phonee raising money, you are selling shares and are subjec t to regulatory laws,” he “If you’re running a one- or two-manb operation you may not have need of as much legall advice as a larger company, but if you follow the rules from the start, you will protecyt yourself and your investors.
” In terms of businesses should look for a corporate attorneg who can serve as an “issue spotter” and raisde red flags when problems are on the horizon, said Stevem Spielvogel, a partner with in New York City and co-founder of the “I used to teach a law school and one of the thingzs I told my studentz was, if you’re an in-house counsel, you need to be a trainecd issue spotter,” he said. “For your lawyer may not have any expertis e in taxlaw litigation, but he or she needs to be able to identif y and determine who in the firm can handle thosw matters for you if something crops up.
Once you know it is out you can get a trainedlitigator Spielvogel, who also serves as president of the Internationalo Network of Boutique Law Firms (www.inblf.com), said it’s important to make sure your attorneu has expertise in your specific area of business or type of “Make sure to check that the lawyer handlinyg your case has handled this particular type of mattere before,” he said. “If you have a heart problem, you go to a a brain issue – a neurologist. The same goes for “If you have an issue on trademark infringement, check your lawyer’s background. Have they writtem papers on this subject? I thinkl these things are important.
” Stahl said owners should to look for an attorneg who is familiar witheach state’d “blue sky” laws, as well as federapl laws. If a business is financeed only by those working in the then a simpler frameworkis available. “Youi can do a pretty barebones setupthat won’t cost too much and will protectt your interests,” he said. “Some (limited liabilitgy corporations) can be done very if they’re done right.
“If you’re just talking about a basic husband-and-wife operation, the cost for the wholw thing is inthe $1,000 range, dependinvg on what part of the country you are The operating agreement gets trickier as you add peoplr … forcing the cost up.” Spielvogel and Stah l agreed that once a client’es needs have been a law firm always should be able to establisnh what the costs will be upfront. Both attorneysx also agreed that it is paramount to do your researcg on thelawyer you’re considering hiring. Meet with the personh one on one, check his or her and ask to speak toformedr clients. “Do your due diligence,” Spielvogel said.
“Becaused if you pick the wrong lawyer, it could be a very expensivd nightmarefor you.”
Thursday, October 28, 2010
Orinda, Octagon plan loft/retail conversion - Puget Sound Business Journal (Seattle):
wilhelminadora4287.blogspot.com
Atlanta-based and Charlotteville, Va.-based reported their plan s for the property at 222Mitchelp Street, but they did not disclose financialk terms of the deal. The 350,000-square-foot structure was built in stagesz from 1929 to 1979on 2.1 acred and occupies the entire city block bounded by Spring, Mitchell and Nelson Streets. Orinda and Octagonb will convert the property into a rentapl building with 205 loft unitsw and morethan 70,000 square feet of commerciap space. Occupancy is expected in January 2011.
“The redevelopment of 222 Mitchellk Street into rental loftzs and retail space will play a significant role in the rebirtyh of this part ofdowntown Atlanta,” said Dillon president of Orinda, in a “We’re certain that living at 222 Mitchelpl Street will appeal to young professionals who work as well as to college students, especially those who alreadyh attend one of the many fine institutionss in the area, such as Georgia State University, Spelman, Clark Atlanta University and Georgia
Atlanta-based and Charlotteville, Va.-based reported their plan s for the property at 222Mitchelp Street, but they did not disclose financialk terms of the deal. The 350,000-square-foot structure was built in stagesz from 1929 to 1979on 2.1 acred and occupies the entire city block bounded by Spring, Mitchell and Nelson Streets. Orinda and Octagonb will convert the property into a rentapl building with 205 loft unitsw and morethan 70,000 square feet of commerciap space. Occupancy is expected in January 2011.
“The redevelopment of 222 Mitchellk Street into rental loftzs and retail space will play a significant role in the rebirtyh of this part ofdowntown Atlanta,” said Dillon president of Orinda, in a “We’re certain that living at 222 Mitchelpl Street will appeal to young professionals who work as well as to college students, especially those who alreadyh attend one of the many fine institutionss in the area, such as Georgia State University, Spelman, Clark Atlanta University and Georgia
Tuesday, October 26, 2010
Chiefs-Broncos Still A Hot Ticket In Kansas City - Arrowhead Pride
viktorevaikubuwo.blogspot.com
Kansas City Star | Chiefs-Broncos Still A Hot Ticket In Kansas City Arrowhead Pride To buy Kansas City Chiefs tickets through us, check out the Tickets tab at the top right of the site. The Kansas City Chiefs are 4-2 and in first place of ... Chiefs Coach Todd Haley Takes Season One Quarter At A Time. |
Monday, October 25, 2010
Civic leaders' high-stepping benefits Youth at Goodwill - Denver Post
http://faststrings.com/behind-player-fieldy.html
Civic leaders' high-stepping benefits Youth at Goodwill Denver Post Roselyn Saunders and Carrie Mesch chaired the event that also paid tribute to Martin Pocs, vice chairman of DHR International, for his longstanding support ... |
Saturday, October 23, 2010
Textron cancels Cessna Columbus program - The Business Review (Albany):
http://needsaw.com/which-is-the-best-portable-table-saw-or-contractor-table-saw.php
In April, the company announced it would suspenfdthe program, leading Cessna leaders to say it would only be a matte of time until the project came But in Thursday’s filingg with the SEC, Textron (NYSE:TXT) said “Upon additionaol analysis of the business-jet market related to this productt offering, we decided to formally cancel furtherr development of the Citation Columbus.” Textron says it alreadg had incurred about $50 million in capitalizer tooling and facility costs relatedf to the project. It says it will recor a non-cash pre-tax charge of abouyt $43 million for the first two quarters of 2009 to reflectf the impairment of the facility andtoolinvg assets.
Wichita Mayor Carl Brewer, who was in Denvert Friday at a conference, had not heard the Columbus projectr was being canceled until askefd about it by the WichitaBusiness Journal. “I’j disappointed,” Brewer says. “... We believe this is part of the futurse for the cityof Wichita. We’re just really disappointed that it At thesame time, he he understands the economic climate has forcedc businesses to make tough decisions. The project was to have built 600,000-square-foot final assembly building at Cessna wher the majority ofthe $27 million business jet woul be built. There was also to have been a 45,000-square-foo t physical plant to serve themain building.
Constructiob costs were expected tobe $200 millio and bids were put out in • • • • • Columbus, Kan.-basesd Inc. Apart from the loss in constructiojn jobs, the Wichita area now appears to have lost out for good onthe 1,000o direct jobs and the 3,000 spin-ofv jobs the program was estimateds to create. It also appears likely that Cessns will have to pay backthe $10 milliob it received in city and countyt incentives and the $33 milliohn it received from the state for the Like Brewer, Sedgwick County Commissioner Tim Nortojn says he is disappointed to hear the news of the “I think most Wichitans and the business communitgy looked at that as a big announcement,” he “It takes a littls bit of the wind out of the sails for Cessnz and general aviation.
It could have been a huge boos t to Wichita over the next couple years and I thinmk everybodysaw that.” Norton says he hopex the project will be able to return somewhere down the The business plan that was put in place, he still could be a good fit.
In April, the company announced it would suspenfdthe program, leading Cessna leaders to say it would only be a matte of time until the project came But in Thursday’s filingg with the SEC, Textron (NYSE:TXT) said “Upon additionaol analysis of the business-jet market related to this productt offering, we decided to formally cancel furtherr development of the Citation Columbus.” Textron says it alreadg had incurred about $50 million in capitalizer tooling and facility costs relatedf to the project. It says it will recor a non-cash pre-tax charge of abouyt $43 million for the first two quarters of 2009 to reflectf the impairment of the facility andtoolinvg assets.
Wichita Mayor Carl Brewer, who was in Denvert Friday at a conference, had not heard the Columbus projectr was being canceled until askefd about it by the WichitaBusiness Journal. “I’j disappointed,” Brewer says. “... We believe this is part of the futurse for the cityof Wichita. We’re just really disappointed that it At thesame time, he he understands the economic climate has forcedc businesses to make tough decisions. The project was to have built 600,000-square-foot final assembly building at Cessna wher the majority ofthe $27 million business jet woul be built. There was also to have been a 45,000-square-foo t physical plant to serve themain building.
Constructiob costs were expected tobe $200 millio and bids were put out in • • • • • Columbus, Kan.-basesd Inc. Apart from the loss in constructiojn jobs, the Wichita area now appears to have lost out for good onthe 1,000o direct jobs and the 3,000 spin-ofv jobs the program was estimateds to create. It also appears likely that Cessns will have to pay backthe $10 milliob it received in city and countyt incentives and the $33 milliohn it received from the state for the Like Brewer, Sedgwick County Commissioner Tim Nortojn says he is disappointed to hear the news of the “I think most Wichitans and the business communitgy looked at that as a big announcement,” he “It takes a littls bit of the wind out of the sails for Cessnz and general aviation.
It could have been a huge boos t to Wichita over the next couple years and I thinmk everybodysaw that.” Norton says he hopex the project will be able to return somewhere down the The business plan that was put in place, he still could be a good fit.
Friday, October 22, 2010
Homes still unaffordable in the region - Boston Business Journal:
http://www.georgetownchamberofcommerce.org/news/general-news/43-georgetown-chamber-elects-new-executive
Case spoke as part of an evenyt hosted by theon Tuesday. The foundation released its sixth-annuall Housing Report Card, which found that despiter falling prices, homeownership remains out of reach foryountg people. At the same time homeowner s are losing equity because prices havedeclinexd rapidly. Case, co-author of the widelgy used / , said Boston is clearing its inventory through twochannelxs — auctions and traditional Case said about 20 percent of the sales in Bostonn are a result of foreclosure sales wherer bank-owned properties are being resold. Compared to otheer areas of the country, Boston has held up during the downturn with pricesd decliningabout 10.
8 percent from peak compared to 20 percen t and 30 percent declines in places like Las Vegas, and Detroit, Mich. • The number of foreclosuresw on single family homea in Greater Boston has increased by more than 100 percent each yearsincd 2005, with an estimatee 4,000 foreclosures predicted for 2008. Rents have increased whil renter incomeshave declined, resulting in a ratii of rent to income of up from 0.28 in just six years and placinvg increased economic pressure on low-income area residents.
Greater Boston will continue to see itspopulatioh age, with the number of households aged 35 to 44 projectes to decline by more than 50,000 unitz by 2017 while households aged 55 to 64 increas e by almost 70,000 and households aged 65 to 74 increaser by almost 74,000 units in that same The recent decline in home prices has made the region more affordable — but only Between 2005 and 2007, home prices droppefd 5.5 percent, while median househol d income grew be about 9.3 percent. As a result, the ratiio of home price to income standzat 5.77 for 2007, down from a high of 6.68 in 2005.
The Housintg Report Card study was producedx by economistBarry Bluestone, directorf of the Center for Urban and Regional Policy at .
Case spoke as part of an evenyt hosted by theon Tuesday. The foundation released its sixth-annuall Housing Report Card, which found that despiter falling prices, homeownership remains out of reach foryountg people. At the same time homeowner s are losing equity because prices havedeclinexd rapidly. Case, co-author of the widelgy used / , said Boston is clearing its inventory through twochannelxs — auctions and traditional Case said about 20 percent of the sales in Bostonn are a result of foreclosure sales wherer bank-owned properties are being resold. Compared to otheer areas of the country, Boston has held up during the downturn with pricesd decliningabout 10.
8 percent from peak compared to 20 percen t and 30 percent declines in places like Las Vegas, and Detroit, Mich. • The number of foreclosuresw on single family homea in Greater Boston has increased by more than 100 percent each yearsincd 2005, with an estimatee 4,000 foreclosures predicted for 2008. Rents have increased whil renter incomeshave declined, resulting in a ratii of rent to income of up from 0.28 in just six years and placinvg increased economic pressure on low-income area residents.
Greater Boston will continue to see itspopulatioh age, with the number of households aged 35 to 44 projectes to decline by more than 50,000 unitz by 2017 while households aged 55 to 64 increas e by almost 70,000 and households aged 65 to 74 increaser by almost 74,000 units in that same The recent decline in home prices has made the region more affordable — but only Between 2005 and 2007, home prices droppefd 5.5 percent, while median househol d income grew be about 9.3 percent. As a result, the ratiio of home price to income standzat 5.77 for 2007, down from a high of 6.68 in 2005.
The Housintg Report Card study was producedx by economistBarry Bluestone, directorf of the Center for Urban and Regional Policy at .
Wednesday, October 20, 2010
Alameda's Avigen in sale talks - Birmingham Business Journal:
http://justdentist.net/pediatric-dentist/saint-anthony-pediatric-dentist-coverage/
Avigen and MediciNova said Thursday thattheir “understanding” couldf give Avigen shareholders net cash liquidation value plus $3 million. Avigen shareholders could elect to receiver cash at closing or a convertible security that woulc be converted into MediciNovas stock at a conversion priceof $4 or more “ot a mutually agreeable volume-weighted average price of MediciNovz common stock.” Avigen CEO, President and CFO Andrew Sauter said in a pressd release that final termsa of the deal coulf be presented to shareholders in the thirdx quarter. The deal includes Avigen’sw Phase II drug, designed to treat pain and drug addiction.
MediciNovsa is working on drugs for asthma symptoms andmultipled sclerosis. Avigen’s mid-stage drug to control muscles tightness in multiple sclerosis patientz failed a trialin October. That sent the stock price spiraling, and Biotechnology Values Fund bought more than 25 percent ofthe stock. BVF presseed then-president and CEO Kenneth Chahine to find a way toreturj Avigen’s roughly $50 million in cash to BVF eventually proposed a deal for a BVF subsidiary to buy Avigebn and then merge the company with MediciNova.
It withdrew that offeer after shareholders in March did not elect its slate of boardr nominees but the company said itwould
Avigen and MediciNova said Thursday thattheir “understanding” couldf give Avigen shareholders net cash liquidation value plus $3 million. Avigen shareholders could elect to receiver cash at closing or a convertible security that woulc be converted into MediciNovas stock at a conversion priceof $4 or more “ot a mutually agreeable volume-weighted average price of MediciNovz common stock.” Avigen CEO, President and CFO Andrew Sauter said in a pressd release that final termsa of the deal coulf be presented to shareholders in the thirdx quarter. The deal includes Avigen’sw Phase II drug, designed to treat pain and drug addiction.
MediciNovsa is working on drugs for asthma symptoms andmultipled sclerosis. Avigen’s mid-stage drug to control muscles tightness in multiple sclerosis patientz failed a trialin October. That sent the stock price spiraling, and Biotechnology Values Fund bought more than 25 percent ofthe stock. BVF presseed then-president and CEO Kenneth Chahine to find a way toreturj Avigen’s roughly $50 million in cash to BVF eventually proposed a deal for a BVF subsidiary to buy Avigebn and then merge the company with MediciNova.
It withdrew that offeer after shareholders in March did not elect its slate of boardr nominees but the company said itwould
Tuesday, October 19, 2010
A&R Development picked for $17M Jonestown project - Baltimore Business Journal:
http://gravitygun.ru/
The project falls into the city’s aims to remakee Central Avenue, which has seen a wave of new development in recent years buildinyg off the success of nearbyuHarbor East. A&R, led by Anthony Rodgers, hopes to builx a mixed-use development including 107 rental apartments, 18,000o square feet of retail space and 156parking spaces. said Tuesday it awarded the firm exclusive negotiating rightse forthe city-owned land at 110 S. Centra Ave. and 1120 Granby St. The propertiesd combine for about 29,000 square The BDC, the city’s economic development arm, offered the and two others, up for redevelopment in August 2008.
“These properties give the city the opportunitty totake vacant, underutilized properties and have them renewed as privates enterprises that will generate taxes and enhancs the Jonestown/Washington Hill community,” BDC President M.J. Brodie said in a statement. The city also tappe Mitey LLC to negotiate for a seconf siteat 1301-1309 E. Lombard St. Mitey is a real estate company formedby Gerry’s Tire which hopes to use the propertgy to expand its adjacent Mitey plans to use the 4,518-square-footr property in the short term as a temporarhy parking lot for its business and would expand onto the city-owned propertu in the future.
The city is reserving the rightsx for thethird property, at 130 S. Central Ave.
The project falls into the city’s aims to remakee Central Avenue, which has seen a wave of new development in recent years buildinyg off the success of nearbyuHarbor East. A&R, led by Anthony Rodgers, hopes to builx a mixed-use development including 107 rental apartments, 18,000o square feet of retail space and 156parking spaces. said Tuesday it awarded the firm exclusive negotiating rightse forthe city-owned land at 110 S. Centra Ave. and 1120 Granby St. The propertiesd combine for about 29,000 square The BDC, the city’s economic development arm, offered the and two others, up for redevelopment in August 2008.
“These properties give the city the opportunitty totake vacant, underutilized properties and have them renewed as privates enterprises that will generate taxes and enhancs the Jonestown/Washington Hill community,” BDC President M.J. Brodie said in a statement. The city also tappe Mitey LLC to negotiate for a seconf siteat 1301-1309 E. Lombard St. Mitey is a real estate company formedby Gerry’s Tire which hopes to use the propertgy to expand its adjacent Mitey plans to use the 4,518-square-footr property in the short term as a temporarhy parking lot for its business and would expand onto the city-owned propertu in the future.
The city is reserving the rightsx for thethird property, at 130 S. Central Ave.
Sunday, October 17, 2010
Lakers blog profile: zio69 is almost certain he saw a young Kobe Bryant in Italy - Los Angeles Times (blog)
vasilisaxavymar.blogspot.com
Lakers blog profile: zio69 is almost certain he saw a young Kobe Bryant in Italy Los Angeles Times (blog) Hometown: Pistoia, Italy. Kobe Bryant's dad used to play for the local ball team. I think I even spotted Joe "Jellybean" Bryant, a young Kobe and his sister ... |
Saturday, October 16, 2010
Bradley Center pact adds revenue - The Business Journal of Milwaukee:
ermolayxitpev.blogspot.com
million a year in much-needed revenu e for the downtown Milwaukee sports and entertainment facility. In addition, an agreement between the Bradlet Center and provided to The Businesz Journal revealed that center officials are expecte to try to sell naming rightse to theretail center. Other revenuee opportunities could include sponsorship of theretaikl center’s public areas and advertising on electronic signa that would be part of the project. Lauth, the country’s 13th-largest commercial developer, is partnering with the Bradleg Center on a possible project asthe venue’xs board seeks additional revenue streams.
The 1988 structure is old by National Basketball Association and the Bradley Center board is working with the to providre more revenue tothe club. The agreement sets a two-yeadr feasibility period, expiring in July 2010, for Lauth to securs tenants, financing and all necessary approvals from the cityof Milwaukee. Duringt that two-year period, Bradley Center officials must acquire about 5 acres from Milwaukee County for the Lauth officials have said the projecft would bea three-story complex with midsize and small retailers, restaurants and entertainment attractions.
The site woule be bounded by North Fourth and NorthSixtu streets, the Bradley Center and either West Juneau Avenue or West McKinlehy Avenue in the Park East Bradley Center officials admitted that the project has slowe due to the economic recession; few nationalo retail tenants are adding locations. “But Lauth has confidenc that once retailers start to look at new opportunities there will be interest inthis project,” said Steve president of the Bradley Center.
Jim Smith, Lauth’sw senior director of could not be reached for According tothe agreement, rent on the land will startf at $20,000 an acre in the first year and increasd each year up to $80,000 an acre in the fourth year of the The rent would jump to $80,000 an acre earliedr if the project becomes 95 percent leased. The namingb rights’ opportunities are important to Bradley Center Plans to sell the naming rights to the sportss facility were dropped in April 2008 after the childremn of JaneBradley Pettit, the philanthropis t who donated $90 milliomn to build the center, publicly opposed the effort.
“Ws think there would be a lot of potentiakl revenue opportunities withthis development,” Costello Scott Welsh, president of , a Milwaukew real estate brokerage and developmentr firm, said it is important for Lauth and Bradlehy Center officials to continue working on the projectt despite the economic downturn. “You need to be planningt for the future now so when we come out of this you are ready to go,” he Welsh said a similad project in Minneapolis near the Target Center, home of the NBA’sd , includes a luxury hotel, high-enx restaurant and movie theater.
The projecgt also would be importantr for the continued redevelopmenft of the Park East corridor on the nort h side ofdowntown Milwaukee. Inland is redevelopinbg a building nearbyat , a multimillion-dollar renovatio of the former Pabst Brewing “Any improvements in the area are good for all of Welsh said. “There is a lot of momentujm in this part of downtown that will positivelyy impact the areafor years.
”
million a year in much-needed revenu e for the downtown Milwaukee sports and entertainment facility. In addition, an agreement between the Bradlet Center and provided to The Businesz Journal revealed that center officials are expecte to try to sell naming rightse to theretail center. Other revenuee opportunities could include sponsorship of theretaikl center’s public areas and advertising on electronic signa that would be part of the project. Lauth, the country’s 13th-largest commercial developer, is partnering with the Bradleg Center on a possible project asthe venue’xs board seeks additional revenue streams.
The 1988 structure is old by National Basketball Association and the Bradley Center board is working with the to providre more revenue tothe club. The agreement sets a two-yeadr feasibility period, expiring in July 2010, for Lauth to securs tenants, financing and all necessary approvals from the cityof Milwaukee. Duringt that two-year period, Bradley Center officials must acquire about 5 acres from Milwaukee County for the Lauth officials have said the projecft would bea three-story complex with midsize and small retailers, restaurants and entertainment attractions.
The site woule be bounded by North Fourth and NorthSixtu streets, the Bradley Center and either West Juneau Avenue or West McKinlehy Avenue in the Park East Bradley Center officials admitted that the project has slowe due to the economic recession; few nationalo retail tenants are adding locations. “But Lauth has confidenc that once retailers start to look at new opportunities there will be interest inthis project,” said Steve president of the Bradley Center.
Jim Smith, Lauth’sw senior director of could not be reached for According tothe agreement, rent on the land will startf at $20,000 an acre in the first year and increasd each year up to $80,000 an acre in the fourth year of the The rent would jump to $80,000 an acre earliedr if the project becomes 95 percent leased. The namingb rights’ opportunities are important to Bradley Center Plans to sell the naming rights to the sportss facility were dropped in April 2008 after the childremn of JaneBradley Pettit, the philanthropis t who donated $90 milliomn to build the center, publicly opposed the effort.
“Ws think there would be a lot of potentiakl revenue opportunities withthis development,” Costello Scott Welsh, president of , a Milwaukew real estate brokerage and developmentr firm, said it is important for Lauth and Bradlehy Center officials to continue working on the projectt despite the economic downturn. “You need to be planningt for the future now so when we come out of this you are ready to go,” he Welsh said a similad project in Minneapolis near the Target Center, home of the NBA’sd , includes a luxury hotel, high-enx restaurant and movie theater.
The projecgt also would be importantr for the continued redevelopmenft of the Park East corridor on the nort h side ofdowntown Milwaukee. Inland is redevelopinbg a building nearbyat , a multimillion-dollar renovatio of the former Pabst Brewing “Any improvements in the area are good for all of Welsh said. “There is a lot of momentujm in this part of downtown that will positivelyy impact the areafor years.
”
Thursday, October 14, 2010
CoreRx plans new jobs, major expansion - Tampa Bay Business Journal:
framptongeqeaqu1461.blogspot.com
The company also is in the process of purchasingf a facility in Hillsborough County to replacee its currentleased site, said Todd president and chief executive. Davia was one of five founders of CoreRcxin 2006. The company now has 13 Based onjob creation, CoreRx has applied for Florida’ Qualified Target Industry Tax Refund, Daviau said. QTI is a statee incentive available for companies thatcreate high-wage jobs in targeted high value-added industries. In a CoreRx said the planned new high-skilkl jobs would have average salaries of at least which is 150 percenft ofthe state’s average annuak wage.
The new facility will have 80,000 square about eight times the size ofthe company’s currenf location. It’s currently undergoing $5 million in renovations, the release said. Daviau said he woulfd be able to announce more details aboutg the site in a few Growing customer demand promptedthe expansion. CoreRx performs formulation, analysis, clinical manufacturing and other services for thepharmaceutical industry, and like other contracty research organizations, has gotten a boost as drug companies The company was in negotiation with other areaa but ultimately decided to stay in Hillsborough County because of the qualityt of life, Daviau “We are pleased we have been able to accommodate the company’s expansion here,” Ken Hagan, chairman of the Hillsborough County Board of County Commissioners, said in the release.
Hagebn said several agencies helped make the deal arealitty including: the Governor’s Office of Trade and Economic Development; , the ; the Committe of One Hundred and Hillsborough County’z Economic Development Department. CoreRx’s growth “illustrates the succes s of our efforts to retain and recruirt companies in the corporate headquarters and lifesciencews clusters,” John Adams Jr.
, president and chief executive of Enterprisee Florida, the state’s principal economic development organization, said in the
The company also is in the process of purchasingf a facility in Hillsborough County to replacee its currentleased site, said Todd president and chief executive. Davia was one of five founders of CoreRcxin 2006. The company now has 13 Based onjob creation, CoreRx has applied for Florida’ Qualified Target Industry Tax Refund, Daviau said. QTI is a statee incentive available for companies thatcreate high-wage jobs in targeted high value-added industries. In a CoreRx said the planned new high-skilkl jobs would have average salaries of at least which is 150 percenft ofthe state’s average annuak wage.
The new facility will have 80,000 square about eight times the size ofthe company’s currenf location. It’s currently undergoing $5 million in renovations, the release said. Daviau said he woulfd be able to announce more details aboutg the site in a few Growing customer demand promptedthe expansion. CoreRx performs formulation, analysis, clinical manufacturing and other services for thepharmaceutical industry, and like other contracty research organizations, has gotten a boost as drug companies The company was in negotiation with other areaa but ultimately decided to stay in Hillsborough County because of the qualityt of life, Daviau “We are pleased we have been able to accommodate the company’s expansion here,” Ken Hagan, chairman of the Hillsborough County Board of County Commissioners, said in the release.
Hagebn said several agencies helped make the deal arealitty including: the Governor’s Office of Trade and Economic Development; , the ; the Committe of One Hundred and Hillsborough County’z Economic Development Department. CoreRx’s growth “illustrates the succes s of our efforts to retain and recruirt companies in the corporate headquarters and lifesciencews clusters,” John Adams Jr.
, president and chief executive of Enterprisee Florida, the state’s principal economic development organization, said in the
Wednesday, October 13, 2010
Trinamool obstructing Bengal's development: Buddhadeb - Sify
evittiebodum1296.blogspot.com
Trinamool obstructing Bengal's development: Buddhadeb Sify Burdwan (West Bengal), Oct 10 (IANS) West Bengal Chief Minister Buddhadeb Bhattacharjee Sunday said the opposition Trinamool Congress is creating obstacles ... |
Monday, October 11, 2010
Sunday, October 10, 2010
Fred
vadimsudigrenev.blogspot.com
The Memphis-based discount retailer reported salezsof $134.7 million for May, down 6 percent compared to salews of $143.4 million in May 2008. These numbersd include Fred’s (NASDAQ: closing 74 underperforming stores and 23 Excludingthose stores, Fred’z sales increased 1 percent compared to last May. Comparabls store sales in May rose 0.2 percent, down compared to 3.4 percen in the same period last year. For the firstr four fiscal monthsof 2009, the compan y reported total sales of $593. 1 million, down 2.4 percent compared to $607.7 million for the same year-ago period.
However, excluding stores closed in sales from ongoing stores increased 4 percent compareds to thesame four-month period last On a comparable store basis, year-to-date sales increasef 2.1 percent compared to 2.4 percent last year. Fred’s openex one new pharmacy in May. Fred’s operateds 666 discount merchandise stores, including 24 franchised storews nationwide. Shares closed down 12 cents to $14.232 per share Wednesday.
The Memphis-based discount retailer reported salezsof $134.7 million for May, down 6 percent compared to salews of $143.4 million in May 2008. These numbersd include Fred’s (NASDAQ: closing 74 underperforming stores and 23 Excludingthose stores, Fred’z sales increased 1 percent compared to last May. Comparabls store sales in May rose 0.2 percent, down compared to 3.4 percen in the same period last year. For the firstr four fiscal monthsof 2009, the compan y reported total sales of $593. 1 million, down 2.4 percent compared to $607.7 million for the same year-ago period.
However, excluding stores closed in sales from ongoing stores increased 4 percent compareds to thesame four-month period last On a comparable store basis, year-to-date sales increasef 2.1 percent compared to 2.4 percent last year. Fred’s openex one new pharmacy in May. Fred’s operateds 666 discount merchandise stores, including 24 franchised storews nationwide. Shares closed down 12 cents to $14.232 per share Wednesday.
Friday, October 8, 2010
TravelCenters of America Technicians Score Big at the TMC! - MarketWatch (press release)
elzeyfirekuut1795.blogspot.com
TravelCenters of America Technicians Score Big at the TMC! MarketWatch (press release) WESTLAKE, Ohio, Oct 08, 2010 (BUSINESS WIRE) -- TravelCenters of America LLC announced that one of its technicians qualified as a "SuperTech" Champion in ... |
Thursday, October 7, 2010
Rutgers freshman RB Jordan Thomas could see expanded role against Connecticut - The Star-Ledger - NJ.com
http://htmlcoderhelper.com/how-to-ignore-a-directory-with-svn/
The Star-Ledger - NJ.com | Rutgers freshman RB Jordan Thomas could see expanded role against Connecticut The Star-Ledger - NJ.com ... Martinek still nursing an ankle injury, coach Greg Schiano acknowledged that Thomas (35 carries for 115 yards this season) could see an expanded role. ... |
Tuesday, October 5, 2010
Survey: Americans lack knowledge about generics - Nashville Business Journal:
http://armeniantrip.biz/newbies-hints-for-grand-deals-along-with-scrumptious-meals-at-your-awesome-ireland-vacation.html
And, while research has shown that generics have saves the health care system anestimatefd $734 billion in the last 10 years, two-thirds of those surveyedc don’t know the true cost differences between generic and brans name drugs, according to the survey conductedf by , a leading pharmacy benefit managemeng organization. “Using generics helpa make health care more affordabl withoutcompromising results,” Jacqueline Prescription Solutions CEO said in a news release.
“Manu Americans erroneously believe that the most expensived drug is always the mosteffective drug, so by helping to changr perceptions, we can help people save moneuy and still get the best treatment available.” Thirty-one perceng of respondents indicated they knew that a brandx name drug cost 50-70 percent more on average than its generidc counterpart. Seventy-one percent of consumers remain concernedc about drug costs with more than one infour (27 having either delayed filling, not filled, or not taken as directefd a prescription drug to save money. Twenty-one percent of all respondentsw say they have talked to their doctor recentlyt about switching to a lessexpensivee drug.
Fifty-seven percent of those polled said they take prescriptiodrugs weekly. Of those, 83 percent (or 47 percent of the tota sample) take generics. Of thoss who do not take generic drugs on aweeklg basis, 58 percent say it is becaused there is no generic available for the drug they Sixty-four percent of those who take generics say theit doctor recommended them and 43 percent say their pharmacist recommendesd them. Of those who do not take generic drugs on a weekly basis, 58 percent say they would if theitr pharmacist brought a generic to their attention as a less expensive, identical and 52 percent say theifr doctor would have to recommend it.
And, while research has shown that generics have saves the health care system anestimatefd $734 billion in the last 10 years, two-thirds of those surveyedc don’t know the true cost differences between generic and brans name drugs, according to the survey conductedf by , a leading pharmacy benefit managemeng organization. “Using generics helpa make health care more affordabl withoutcompromising results,” Jacqueline Prescription Solutions CEO said in a news release.
“Manu Americans erroneously believe that the most expensived drug is always the mosteffective drug, so by helping to changr perceptions, we can help people save moneuy and still get the best treatment available.” Thirty-one perceng of respondents indicated they knew that a brandx name drug cost 50-70 percent more on average than its generidc counterpart. Seventy-one percent of consumers remain concernedc about drug costs with more than one infour (27 having either delayed filling, not filled, or not taken as directefd a prescription drug to save money. Twenty-one percent of all respondentsw say they have talked to their doctor recentlyt about switching to a lessexpensivee drug.
Fifty-seven percent of those polled said they take prescriptiodrugs weekly. Of those, 83 percent (or 47 percent of the tota sample) take generics. Of thoss who do not take generic drugs on aweeklg basis, 58 percent say it is becaused there is no generic available for the drug they Sixty-four percent of those who take generics say theit doctor recommended them and 43 percent say their pharmacist recommendesd them. Of those who do not take generic drugs on a weekly basis, 58 percent say they would if theitr pharmacist brought a generic to their attention as a less expensive, identical and 52 percent say theifr doctor would have to recommend it.
Monday, October 4, 2010
Lions Gate nominates Rachesky to board - Dayton Business Journal:
polinaagyvtiwu.blogspot.com
Rachesky, through his LLC, is the largest shareholder in Lions witha 19.8 percent stake. MHR Fund Managemeny will support management's slate of nominees at the meeting, accordint to a release from Lions The statement said that the rest of the slates will be announced at a later time. The nomination of Rachesky is likelg in response to pressure from activisf investorCarl Icahn, who has been upping his stake Rachesky is a former Icahn advisor. Rumors have persistedd as to whetherIcahn . He has been criticalp of the studio's expenses and especially . Icahn currently holdds a 16.9 percent stake in the company.
Should an individual gain more than 20 percent of the a change of control threshold wouldbe surpassed, potentiallhy resulting in a default on the company's $340 million credit Santa Monica-based Lions Gate LGF) is a movie Among its titles are the Tyler Perr "Madea" comedies and the "Saw" horrof franchise.
Rachesky, through his LLC, is the largest shareholder in Lions witha 19.8 percent stake. MHR Fund Managemeny will support management's slate of nominees at the meeting, accordint to a release from Lions The statement said that the rest of the slates will be announced at a later time. The nomination of Rachesky is likelg in response to pressure from activisf investorCarl Icahn, who has been upping his stake Rachesky is a former Icahn advisor. Rumors have persistedd as to whetherIcahn . He has been criticalp of the studio's expenses and especially . Icahn currently holdds a 16.9 percent stake in the company.
Should an individual gain more than 20 percent of the a change of control threshold wouldbe surpassed, potentiallhy resulting in a default on the company's $340 million credit Santa Monica-based Lions Gate LGF) is a movie Among its titles are the Tyler Perr "Madea" comedies and the "Saw" horrof franchise.
Saturday, October 2, 2010
St. John Properties takes over Opus East business park at Aberdeen Proving Ground - Puget Sound Business Journal (Seattle):
tulusenoveb.blogspot.com
U.S. Army officials worked feverishluy over the past week topull St. John Propertiesd into the fold, fearful the project would come to a halt if Opus East filecd for bankruptcy protection before an arrangement coulfbe struck, company spokesman Gerarr J. Wit said in a telephone interview Tuesday. “It was a real round-the-clock, week-long effort to get this Wit said. “We’re going to get in and try to kick-stary this right away.” Aberdeen is gearing up for a significangt influx of military jobs underthe Pentagon’s Base Realignmenft and Closure plan, expected to be completefd by September 2011.
About 8,200 military jobs will be transferree tothe base, in addition to as many as 18,000 private contracting jobs from companiesw that do business with the incoming militaru agencies. The approved Opus East's selectio of St. John Properties to take over the Governmen and Technology Enterprise business park because of theBaltimore developer’s abilit y to move forward with new construction, Bob Penn, program director with the Army Corps, said in a statement. As in taking over the including (NYSE: OFC) and Manekin LLC.
Opus East was awardede rights to developthe government-owned land under a lease with the Army in November 2007 and brokr ground on its first buildinyg in December of that Since then, the company becamed straddled with millions of dollars in construction loans it has been unabl e to refinance, and the company has not startex any new construction at the projecgt for more than a year. The deal was inkede June 19 betweenOpus East, St. John with the backing of the Army. St. John and the Army Corpz of Engineers issued statements Tuesday announcingfthe deal. Wit said St. John will pay Opus East an undisclosed amount of money for its developmengt rightsat Aberdeen.
In connection with the deal, St. John has hire d Opus East project manager Matthew Holbrook to oversee the GATE project as its directof of defense andgovernment “Aberdeen Proving Ground is excited about moving the project forward with St. John Tim McNamara, APG deputy garrison commander, said in a “We consider it a positive step to have theire experienced management team spearheadingthe build-outy of this project.” As the to help it consider optione including bankruptcy. Its parent company, , has also soughg bankruptcy protectionfor it’a Opus South subsidiary and for two more subsidiaries of its Opus West regional operation. Opus Corp.
spokeswoman Winston Hewett said Opus East is stil evaluating its options but has not made any decisionxabout bankruptcy. The company was forced to relinquish its rightse to the Aberdeen project because it has been unable to finance morethan $50 milliob in construction loans it took out to finance its Most pressing among those debts is $35 million the develope spent to build a new headquarters for the Nationall Oceanic and Atmospheric Administration in College for which it has sued the federal government to collect its wages on that project, Hewett St.
John plans to breako ground in the next two months on at leasyt three new buildings at the Harforsd Countymilitary base, with commitments from defensre contractors for up to 300,000 square feet of office, researcjh and development space, Wit said. Wit did not disclos e the names of any ofthose tenants. Those buildings would be in addition toa 60,000-square-foot building Opus East completex in December 2008 for defense contractot CACI. “We view this development as the most significantg commercial real estate opportunity in the historh ofour company,” St. John Presidengt Edward A. St.
John said in a “This is based on the amount of square footage that can eventuallh be developed as well as the important work that will be completesdby end-users that occupy this St. John Properties is the third-largest property management firm inGreate Baltimore, with nearly 11 milliob square feet of commercial space in the But taking over the Aberdeen project represents a shifr for the company, which has sought to tap into the demans for government contracting space up until now. Wit said the companuy has also sought in the past to buy land for its own rather than to lease property from the governmentg such asat Aberdeen.
Opus East preliminarily receive commitments from firms seeking space atits 413-acrew Government and Technology Enterprise business park but did not start any additional construction. The developerr was unwilling to divide any of its buildingesinto multi-tenanted space, Wit said, preferrinbg instead to construct buildings for a singls tenant. That’s created a pent-up demand for companiee seekingfrom 5,000 square feet to upwarde of 20,000 square feet, Wit said. “For all the hooplwa that BRAC has brought, there’s reallyy only one building that Opus was able to Wit said.
“If you don’t have the placed to park those people, if you don’t have the buildingz to put them in, there was going to be a real logisticao problem.”
U.S. Army officials worked feverishluy over the past week topull St. John Propertiesd into the fold, fearful the project would come to a halt if Opus East filecd for bankruptcy protection before an arrangement coulfbe struck, company spokesman Gerarr J. Wit said in a telephone interview Tuesday. “It was a real round-the-clock, week-long effort to get this Wit said. “We’re going to get in and try to kick-stary this right away.” Aberdeen is gearing up for a significangt influx of military jobs underthe Pentagon’s Base Realignmenft and Closure plan, expected to be completefd by September 2011.
About 8,200 military jobs will be transferree tothe base, in addition to as many as 18,000 private contracting jobs from companiesw that do business with the incoming militaru agencies. The approved Opus East's selectio of St. John Properties to take over the Governmen and Technology Enterprise business park because of theBaltimore developer’s abilit y to move forward with new construction, Bob Penn, program director with the Army Corps, said in a statement. As in taking over the including (NYSE: OFC) and Manekin LLC.
Opus East was awardede rights to developthe government-owned land under a lease with the Army in November 2007 and brokr ground on its first buildinyg in December of that Since then, the company becamed straddled with millions of dollars in construction loans it has been unabl e to refinance, and the company has not startex any new construction at the projecgt for more than a year. The deal was inkede June 19 betweenOpus East, St. John with the backing of the Army. St. John and the Army Corpz of Engineers issued statements Tuesday announcingfthe deal. Wit said St. John will pay Opus East an undisclosed amount of money for its developmengt rightsat Aberdeen.
In connection with the deal, St. John has hire d Opus East project manager Matthew Holbrook to oversee the GATE project as its directof of defense andgovernment “Aberdeen Proving Ground is excited about moving the project forward with St. John Tim McNamara, APG deputy garrison commander, said in a “We consider it a positive step to have theire experienced management team spearheadingthe build-outy of this project.” As the to help it consider optione including bankruptcy. Its parent company, , has also soughg bankruptcy protectionfor it’a Opus South subsidiary and for two more subsidiaries of its Opus West regional operation. Opus Corp.
spokeswoman Winston Hewett said Opus East is stil evaluating its options but has not made any decisionxabout bankruptcy. The company was forced to relinquish its rightse to the Aberdeen project because it has been unable to finance morethan $50 milliob in construction loans it took out to finance its Most pressing among those debts is $35 million the develope spent to build a new headquarters for the Nationall Oceanic and Atmospheric Administration in College for which it has sued the federal government to collect its wages on that project, Hewett St.
John plans to breako ground in the next two months on at leasyt three new buildings at the Harforsd Countymilitary base, with commitments from defensre contractors for up to 300,000 square feet of office, researcjh and development space, Wit said. Wit did not disclos e the names of any ofthose tenants. Those buildings would be in addition toa 60,000-square-foot building Opus East completex in December 2008 for defense contractot CACI. “We view this development as the most significantg commercial real estate opportunity in the historh ofour company,” St. John Presidengt Edward A. St.
John said in a “This is based on the amount of square footage that can eventuallh be developed as well as the important work that will be completesdby end-users that occupy this St. John Properties is the third-largest property management firm inGreate Baltimore, with nearly 11 milliob square feet of commercial space in the But taking over the Aberdeen project represents a shifr for the company, which has sought to tap into the demans for government contracting space up until now. Wit said the companuy has also sought in the past to buy land for its own rather than to lease property from the governmentg such asat Aberdeen.
Opus East preliminarily receive commitments from firms seeking space atits 413-acrew Government and Technology Enterprise business park but did not start any additional construction. The developerr was unwilling to divide any of its buildingesinto multi-tenanted space, Wit said, preferrinbg instead to construct buildings for a singls tenant. That’s created a pent-up demand for companiee seekingfrom 5,000 square feet to upwarde of 20,000 square feet, Wit said. “For all the hooplwa that BRAC has brought, there’s reallyy only one building that Opus was able to Wit said.
“If you don’t have the placed to park those people, if you don’t have the buildingz to put them in, there was going to be a real logisticao problem.”
Friday, October 1, 2010
Chinese company to buy Hummer - Portland Business Journal:
http://ravikarunanayake.com/latest-news?start=42
When GM, which filed for bankruptcy protection Monday, announced earliert Tuesday that a buyee had been found forthe off-roadr vehicle line, the name was not immediately disclosed. a major industrial machinery group, will acquire the rights to theHummer brand, along with a seniod management and operational It will also assume existing dealer agreements relating to HUMMER’s dealershipp network. It is contemplated that Tengzhong will, as part of the enter into a long-term contract assembly and key componengt and material supply agreementwith GM. In an earlier statement, GM said it expects the deal if successfuo to secure morethan 3,000 US jobs.
The final terms of the scheduled to close in the third are subject to final The cost of the transactiojn wasnot revealed. is acting as exclusivwe financial advisor and is acting as international lega counsel to Tengzhong on this Citi is acting as financial advisorto GM.
When GM, which filed for bankruptcy protection Monday, announced earliert Tuesday that a buyee had been found forthe off-roadr vehicle line, the name was not immediately disclosed. a major industrial machinery group, will acquire the rights to theHummer brand, along with a seniod management and operational It will also assume existing dealer agreements relating to HUMMER’s dealershipp network. It is contemplated that Tengzhong will, as part of the enter into a long-term contract assembly and key componengt and material supply agreementwith GM. In an earlier statement, GM said it expects the deal if successfuo to secure morethan 3,000 US jobs.
The final terms of the scheduled to close in the third are subject to final The cost of the transactiojn wasnot revealed. is acting as exclusivwe financial advisor and is acting as international lega counsel to Tengzhong on this Citi is acting as financial advisorto GM.
Wednesday, September 29, 2010
Markets mixed on Friday, end down for the week - Pittsburgh Business Times:
http://linuxexpomadrid.com/EN/home/
The week, which started with heavy losses on was tough onboth exchanges. Last the Dow closed at 8,799.2 and Nasdaq at 1,858.80. Among a cross-section of businessex operatingin Pittsburgh, Federateed Investors Inc. registered the deepest percentage drop. Federated (NYSE:FII) fell 3.62 percent to $24.500 per share. Here’s how otherds fared: Alcoa Inc. up 2.13 percent to $11.01 Allegheny Technologies Inc. up 2.60 percent to $38.26 Bank of New York Mellon (NYSE:BK), up 2.98 percent to $29.75 CB Richard Ellis Group Inc. up 1.17 percent to $8.63 CONSOoL Energy Inc. (NYSE:CNX), up 0.90 percenft to $36.82 Dick’s Sporting Good (NYSE:DKS), up 0.55 percent to $16.48 H.J.Heinz Co.
down 0.16 percent to $36.61 Mylan Inc. (Nasdaq:MYL), down 0.53 percent to $13.06 PNC Financial Services Group Inc. (NYSE:PNC), up 1.87 percentg to $40.27 PPG Industries Inc. (NYSE:PPG), down 0.26 percent to $42.8 3 U.S. Steel Corp. (NYSE:X), up 1.96 percentt to $37.54 WABTEC Corp. up 0.51 percent to $33.44 WESCO International Inc. (NYSE:WCC), down 1.52 percent to $24.68
The week, which started with heavy losses on was tough onboth exchanges. Last the Dow closed at 8,799.2 and Nasdaq at 1,858.80. Among a cross-section of businessex operatingin Pittsburgh, Federateed Investors Inc. registered the deepest percentage drop. Federated (NYSE:FII) fell 3.62 percent to $24.500 per share. Here’s how otherds fared: Alcoa Inc. up 2.13 percent to $11.01 Allegheny Technologies Inc. up 2.60 percent to $38.26 Bank of New York Mellon (NYSE:BK), up 2.98 percent to $29.75 CB Richard Ellis Group Inc. up 1.17 percent to $8.63 CONSOoL Energy Inc. (NYSE:CNX), up 0.90 percenft to $36.82 Dick’s Sporting Good (NYSE:DKS), up 0.55 percent to $16.48 H.J.Heinz Co.
down 0.16 percent to $36.61 Mylan Inc. (Nasdaq:MYL), down 0.53 percent to $13.06 PNC Financial Services Group Inc. (NYSE:PNC), up 1.87 percentg to $40.27 PPG Industries Inc. (NYSE:PPG), down 0.26 percent to $42.8 3 U.S. Steel Corp. (NYSE:X), up 1.96 percentt to $37.54 WABTEC Corp. up 0.51 percent to $33.44 WESCO International Inc. (NYSE:WCC), down 1.52 percent to $24.68
Tuesday, September 28, 2010
Channels 58, 41 to keep analog broadcasts - Birmingham Business Journal:
http://sitis-livraison.com/?p=30
Chicago-based announced Friday the programming of CBSaffiliate WDJT-TV (Channelp 58) will air in analog on Channel 63. WMLW (Channel 41) will remain available to over the air on analohTV sets. The CBS affiliate will be available on digitaplchannel 58.1. WMLW’s programminv will be available in a digital format on digitalchannell 58.2. Weigel executives said maintaining analog broadcasts of the stationx will providea “lifeline” to viewers who haven’tf prepared for the digitao transition. After the transition, viewersz will receive digital TV signalas only via a digital converter box or subscriptions to cablew or satellitetelevision services.
“Unfortunately, not all homes in our viewin g areaare prepared, in full or in part, for the digita l transition,” said Jim Hall, general managere of Weigel’s Milwaukee stations. “Those homes still need to be able to receivsevital -news information.”
Chicago-based announced Friday the programming of CBSaffiliate WDJT-TV (Channelp 58) will air in analog on Channel 63. WMLW (Channel 41) will remain available to over the air on analohTV sets. The CBS affiliate will be available on digitaplchannel 58.1. WMLW’s programminv will be available in a digital format on digitalchannell 58.2. Weigel executives said maintaining analog broadcasts of the stationx will providea “lifeline” to viewers who haven’tf prepared for the digitao transition. After the transition, viewersz will receive digital TV signalas only via a digital converter box or subscriptions to cablew or satellitetelevision services.
“Unfortunately, not all homes in our viewin g areaare prepared, in full or in part, for the digita l transition,” said Jim Hall, general managere of Weigel’s Milwaukee stations. “Those homes still need to be able to receivsevital -news information.”
Sunday, September 26, 2010
Frozen slices of our phenomenal world - Daily Times
http://www.thenewpornigraphers.com/article/ASUS-Responds-Angrily-To-Gigabyte-.html
Frozen slices of our phenomenal world Daily Times Ahmed, a photographer, is holding a solo exhibition of her works titled 'Thresholds' at the VM Art Gallery until Thursday. ... |
Saturday, September 25, 2010
CFOs, finance execs cutting vacation days to stay focused on job - Houston Business Journal:
http://www.gsoares.org/article/Roasted-Beef-in-a-Slow-Cooker.html
“Many CFOs understandably feel they must remainn diligent helping steer their firms through thedownturn and, just as prepare the business for an ultimate said Paul McDonald, executive director of . Menlpo Park, Calif.-based Robert Half surveyed 1,400 chief financial officers about their vacation pland in thecoming year: 31 percent said the economyt was causing them to postpon e or reduce their vacation time. While such intentions may be in the best interestr ofthe company, taking breaks from work can help bringv “a fresh approach to business projects and McDonald said.
He suggests that those who are concernede about how a vacation may affecr their company should develop a plan for grantinfg vacation requests and detailing who will handle various responsibilitiee while that personis out. Vacations can serve as an opportunitgyfor high-potential employees who fill in to provr themselves worthy of future Still, McDonald says managers of small organizationsx need to be careful not to overload the remaining workers when someone is out.
“Many CFOs understandably feel they must remainn diligent helping steer their firms through thedownturn and, just as prepare the business for an ultimate said Paul McDonald, executive director of . Menlpo Park, Calif.-based Robert Half surveyed 1,400 chief financial officers about their vacation pland in thecoming year: 31 percent said the economyt was causing them to postpon e or reduce their vacation time. While such intentions may be in the best interestr ofthe company, taking breaks from work can help bringv “a fresh approach to business projects and McDonald said.
He suggests that those who are concernede about how a vacation may affecr their company should develop a plan for grantinfg vacation requests and detailing who will handle various responsibilitiee while that personis out. Vacations can serve as an opportunitgyfor high-potential employees who fill in to provr themselves worthy of future Still, McDonald says managers of small organizationsx need to be careful not to overload the remaining workers when someone is out.
Thursday, September 23, 2010
AmerisourceBergen Authorizes a New $500 Million Share Repurchase Program - MarketWatch (press release)
http://finanssite.com/post_1254298327.html
AmerisourceBergen Authorizes a New $500 Million Share Repurchase Program MarketWatch (press release) With more than $75 billion in annualized revenue, AmerisourceBergen is headquartered in Valley Forge, PA, and employs approximately 10000 people. ... |
Wednesday, September 22, 2010
American Healthcare Holdings Inc. Company Profile | Company Information
balamatovaegede.blogspot.com
Annually, HCI publishes a list of the top 100 HCIT companiex based on totalannual revenue. This American Healthcare Holdings Inc. is pleased to announcse that it has entered thetop 100. This prestigioux accomplishmentsignifies AHH's position as a leader in the Healtn Information Technology market segment. As a multi-faceted company providingt EHR, LIS and Practice Managementf solutions to the healthcare market AHH is one of the few companiess in the industry that can act as a single source vendorr for all ofa facility's HCIT "Being recognized as one of the top 100 HCIT companie s reinforces AHH's market position as one of the premierr healthcare technology providers in the market today", states Jim Clarkj COO of American Healthcare Holding s Inc..
Clark adds, "We anticipate our strong growth to based on complimentary productsw that lead their categories and a stronh customerreferral base". More than 60,000 physicians currentl y utilize software productsfrom AHH. Americamn Healthcare Holdings Inc. deliverxs healthcare software solutionsconnecting patients, providers, payers, and labs. Solutions are created via its integratedx line of VisionaryDream EHR, document management, LabDA Q LIS, Provider & HME/DME Officew Management and RCM products and services.
Annually, HCI publishes a list of the top 100 HCIT companiex based on totalannual revenue. This American Healthcare Holdings Inc. is pleased to announcse that it has entered thetop 100. This prestigioux accomplishmentsignifies AHH's position as a leader in the Healtn Information Technology market segment. As a multi-faceted company providingt EHR, LIS and Practice Managementf solutions to the healthcare market AHH is one of the few companiess in the industry that can act as a single source vendorr for all ofa facility's HCIT "Being recognized as one of the top 100 HCIT companie s reinforces AHH's market position as one of the premierr healthcare technology providers in the market today", states Jim Clarkj COO of American Healthcare Holding s Inc..
Clark adds, "We anticipate our strong growth to based on complimentary productsw that lead their categories and a stronh customerreferral base". More than 60,000 physicians currentl y utilize software productsfrom AHH. Americamn Healthcare Holdings Inc. deliverxs healthcare software solutionsconnecting patients, providers, payers, and labs. Solutions are created via its integratedx line of VisionaryDream EHR, document management, LabDA Q LIS, Provider & HME/DME Officew Management and RCM products and services.
Monday, September 20, 2010
Discovery makes last trip to launch pad - collectSPACE.com
http://www.kutlaca.com/poslednje-vesti/americki-kuvar-na-zlatiboru.html
New Zealand Herald | Discovery makes last trip to launch pad collectSPACE.com September 20, 2010 â€" Space shuttle Discovery departed on its last rollout to the launch pad Monday, six weeks before it is due to embark on its final ... Space Shuttle Discovery Takes One Last Trip to Launch Pad NASA sends shuttle Discovery to pad for last time Discovery rolls out for final time |
Sunday, September 19, 2010
Online video-tagging outfit lands $8.25M VC round - Boston Business Journal:
http://91ud.com/article/Money-Advice-Runs-Low-for-Minority-Women.html
Tom Wilde said the addition ofGeneral Electric/NBC Universal as investotr earlier this month came about through a relationshiop formed as the startup began to implementr its software for digital video contenyt into NBC’s business units like NBC Digital Networks and NBC Globaol Networks. “We started talking to severa NBC business units back last Wilde said inan interview. “That had led to severapl discussionswith Peacock” Equityy Fund, the venture capital fund of GE/NBC Universal. The Peacockj Equity Fund was the only new investorin EveryZing’s thirsd round.
Previous investors include Cambridge-based firms Fairhaven Capital and General Catalystf Partners along withPalo Alto, Calif.-basexd Accel Partners. EveryZing has raised a totap of $22 million since it was founde din 2006, Wilde said. The startup, whichn was once named PodZinger, was spun out of BBN a research and development company that providea service primarily to the The startup initially planne d to focus on podcasting searc applications but changed its strategy to focus on It changed its name to EveryZingin 2007.
The compang develops software that transcribes and tags online The result is that users can search through videoa that use the software by making it easier to find videk tied totheir interests. The ability to searchg and navigate video content should drivdgreater consumption, which in turn should create a stronge r appetite among advertisers, Wilde said. “We’re not only driving more we’re driving more targeted ad he said, likening it to the way GOOG) revolutionized text-based advertisinb online by selling through software that pinpointedspecific interests.
But the differencw with text-based ads are they can be bought simply and Online videoadvertising inventory, much like on broadcasft and cable television, is still mainly sold in the traditional negotiatesd ways and through media buyers. Wilde But he said the industry stillk has to figure outwhere it’s The question of whether it will be used more for directy response ads or for larger branding conceptse remains open. Online video advertising has beengrowinv rapidly, but will show some slowdown due to the Research firm Magna forecast earlier this year the onlin e video ad market will reach $699 millionm in 2009. It originally predicted it would reach $805 million.
Tom Byrne, managing directof of the PeacockEquity Fund, said EveryZing will benefigt from the validation provided by getting support from GE/NBC Universal. “What we like to do is help ... de-ris (investments) as companies,” he said. Wilde said EveryZingt would use the funding to grow its salesw andmarketing presence. It plans to add a coupler jobs over thenext year. Currently, it has aboug 30 employees.
Tom Wilde said the addition ofGeneral Electric/NBC Universal as investotr earlier this month came about through a relationshiop formed as the startup began to implementr its software for digital video contenyt into NBC’s business units like NBC Digital Networks and NBC Globaol Networks. “We started talking to severa NBC business units back last Wilde said inan interview. “That had led to severapl discussionswith Peacock” Equityy Fund, the venture capital fund of GE/NBC Universal. The Peacockj Equity Fund was the only new investorin EveryZing’s thirsd round.
Previous investors include Cambridge-based firms Fairhaven Capital and General Catalystf Partners along withPalo Alto, Calif.-basexd Accel Partners. EveryZing has raised a totap of $22 million since it was founde din 2006, Wilde said. The startup, whichn was once named PodZinger, was spun out of BBN a research and development company that providea service primarily to the The startup initially planne d to focus on podcasting searc applications but changed its strategy to focus on It changed its name to EveryZingin 2007.
The compang develops software that transcribes and tags online The result is that users can search through videoa that use the software by making it easier to find videk tied totheir interests. The ability to searchg and navigate video content should drivdgreater consumption, which in turn should create a stronge r appetite among advertisers, Wilde said. “We’re not only driving more we’re driving more targeted ad he said, likening it to the way GOOG) revolutionized text-based advertisinb online by selling through software that pinpointedspecific interests.
But the differencw with text-based ads are they can be bought simply and Online videoadvertising inventory, much like on broadcasft and cable television, is still mainly sold in the traditional negotiatesd ways and through media buyers. Wilde But he said the industry stillk has to figure outwhere it’s The question of whether it will be used more for directy response ads or for larger branding conceptse remains open. Online video advertising has beengrowinv rapidly, but will show some slowdown due to the Research firm Magna forecast earlier this year the onlin e video ad market will reach $699 millionm in 2009. It originally predicted it would reach $805 million.
Tom Byrne, managing directof of the PeacockEquity Fund, said EveryZing will benefigt from the validation provided by getting support from GE/NBC Universal. “What we like to do is help ... de-ris (investments) as companies,” he said. Wilde said EveryZingt would use the funding to grow its salesw andmarketing presence. It plans to add a coupler jobs over thenext year. Currently, it has aboug 30 employees.
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