youngmanmeledero1636.blogspot.com
The firm said the addition of Solomohn and Kass was neededs to meet client demand since IP law isthe fastest-growinfg area of the legal profession. "More biotechnology, chemical, computer and othere high-tech industries, as well as companies in virtuallyu everyindustry sector, are dealingh with needs to protect and leverage theid IP assets in a changing global business world," John Keplee III, chair of the Intellectual Propertyh Practice Group at Gallop, said in a statement. St.
Louis-basedr Gallop's IP practice, now with 10 has grown by nearly 100 percent in termzs of new clients and existing clienyt case activity since Kepler III joinede the firm and assumed chair of the grou p inNovember 2005. Solomobn has more than 25 years of experience representing IP clients inthe U.S and internationally. He overseezs thousands of pending matters in his managemeny of large intellectual property portfoliosd comprising hundreds of patents and trademarks throughourtthe world. Solomon's clients include and , a business unit of St. Louis-basesd (NYSE: FBN).
Kass focuses his practice in trademark, copyright and patent litigation, as well as trademarjk law, technology law, business and commercial litigation, broker-dealere arbitration and businessplanning matters. which does not disclose total revenue, is the 10th largesrt law firm inthe St. Louis area with 75 locak licensed attorneys, according to Business Journal research.
Wednesday, November 24, 2010
Monday, November 22, 2010
Ingenix buys health payment company AIM - Minneapolis / St. Paul Business Journal:
http://onlyrings.net/wedding-rings/hippie-wedding-rings/
AIM Healthcare Services Inc. of Franklin, uses its Intellijet software and teams of expertto prevent, detect and correct errors in health Ingenix’s purchase of AIM will help it offer a singlwe source for payment accuracy services for health planw and hospitals. Financial terms of the deal were not Ingenix CEO Andy Slavitt said in a news releasw that the acquisition will help Ingenic focus on simplifying the healthpaymentsw process. “AIM has unmatched capabilitiess for simplifying the administrationh of health care so that hospitals and health pland can operate more efficiently and focusa onpatient care.
Everyone including most importantly, the patient-consumedr — wins,” Slavitt said. Ingenix is a wholly-ownedf subsidiary of Minnetonka-based UnitedHealth Group Inc. (NYSE:UNH).
AIM Healthcare Services Inc. of Franklin, uses its Intellijet software and teams of expertto prevent, detect and correct errors in health Ingenix’s purchase of AIM will help it offer a singlwe source for payment accuracy services for health planw and hospitals. Financial terms of the deal were not Ingenix CEO Andy Slavitt said in a news releasw that the acquisition will help Ingenic focus on simplifying the healthpaymentsw process. “AIM has unmatched capabilitiess for simplifying the administrationh of health care so that hospitals and health pland can operate more efficiently and focusa onpatient care.
Everyone including most importantly, the patient-consumedr — wins,” Slavitt said. Ingenix is a wholly-ownedf subsidiary of Minnetonka-based UnitedHealth Group Inc. (NYSE:UNH).
Sunday, November 21, 2010
Home sellers see interest, wait for buying comeback - Kansas City Business Journal:
http://www.russianstepbystep.com/forum/11-55-1
“Obviously, 2008 was a slow year,” said Doug Davidson, presidenyt of “In fact, we ended up with 7,88q sales for the year, whicyh is the fewest sinc 1995. So we’ve obviously had a significant Andthat doesn’t take into consideration that the county’s housing market is 27 percent larger than in 1995, he “I think we’re probably nearinv the bottom, but we’re not seeing an upturn Davidson said. Inventory is up in Johnsobn County, as well as metrowide, so it takes twicde as long on average to get a contract than it did twoyearz ago, said Kathy Koehler, CEO of in Leawood.
There was four to six month of inventory of houses priced lessthan $300,00o0 two years ago, she said. Now, there is 10 monthsw worth of inventory for thatpric range. For the $500,000 to $750,000 there was six to nine months of inventory twoyearsd ago. Now, there is 32 For homes priced morethan $1.25 million, ther e was 12 months of inventory two years ago, and now ther is 65 months. “The homez that are selling quickly are updated homes pricedunder $250,000,” Koehler said. “People are snapping them up.
” Lowedr interest rates are drawing some buyers intothe market, but many people think it has reached rock bottom, and they want to jump in befor it gets crazy again, said Chris president of the . Since early Koehler has seen a flurryof activity. In December, her companuy had only four showings one weekend and five the In contrast, her team had 104 showingzs one January weekend and 97 the January has seen a stirring of activity in the new constructiobn market, as well. The interest is out there, said Matt director of communications forthe . The challenge is for consumerz to regain their The Johnson County Consumer Confidence Index wasa record-low 69.
6 in down from 70 in December and 114.4 in Januaru 2008, according to CERI. Derrick said that lower interestratesx haven’t translated into sales yet but that builders have seen an uptick in traffic since the beginning of the The upper-bracket/custom market has been least affected by the housing slump, Derrick said. The market for new housesz rangingfrom $600,000 and up is steady. The challeng e is the lower and middlse part ofthe “Being able to sell $250,000 to $500,00p0 new homes is dependent on the peoplde who live in $200,000 selling their homes so they can move up to that type of Derrick said.
“They are concerned about jobs and being able to get into therightt mortgage.” Johnson County represents 25 percent of the totakl market. As of Dec. 31, therse were 3,874 new and resale homes on the marke inJohnson County, compared with 15,771 units in the nine-counthy metro area, Collins said. The dynamics are however. Johnson County has fallenm from being the leading location for new home constructiojn to middle ofthe pack, Derrick said. In 42 percent of all new homez built in the metro area were inJohnsob County.
Last year, that fell to 29 “For the first time since we startexd tracking these numbers in themid ’70s, more homes were builty north of the river than in Johnsom County last year,” Derrick He cited price as the biggestt reason — the bulk of Johnson County’w new housing is in the $250,000 to $600,000 and that is not a pricew point most families can Today more than ever, individuall circumstances affect how quickly a particular houser sells, Collins said. The good news is that there is more activityu and that inventories arecoming down, but houses stillo need to be priced “Look at your market, get to know it, and act Collins said.
“This market has been a learningh experience for me and has made me abetterd agent,” Koehler said. “Good ofte n comes out of adversity.”
“Obviously, 2008 was a slow year,” said Doug Davidson, presidenyt of “In fact, we ended up with 7,88q sales for the year, whicyh is the fewest sinc 1995. So we’ve obviously had a significant Andthat doesn’t take into consideration that the county’s housing market is 27 percent larger than in 1995, he “I think we’re probably nearinv the bottom, but we’re not seeing an upturn Davidson said. Inventory is up in Johnsobn County, as well as metrowide, so it takes twicde as long on average to get a contract than it did twoyearz ago, said Kathy Koehler, CEO of in Leawood.
There was four to six month of inventory of houses priced lessthan $300,00o0 two years ago, she said. Now, there is 10 monthsw worth of inventory for thatpric range. For the $500,000 to $750,000 there was six to nine months of inventory twoyearsd ago. Now, there is 32 For homes priced morethan $1.25 million, ther e was 12 months of inventory two years ago, and now ther is 65 months. “The homez that are selling quickly are updated homes pricedunder $250,000,” Koehler said. “People are snapping them up.
” Lowedr interest rates are drawing some buyers intothe market, but many people think it has reached rock bottom, and they want to jump in befor it gets crazy again, said Chris president of the . Since early Koehler has seen a flurryof activity. In December, her companuy had only four showings one weekend and five the In contrast, her team had 104 showingzs one January weekend and 97 the January has seen a stirring of activity in the new constructiobn market, as well. The interest is out there, said Matt director of communications forthe . The challenge is for consumerz to regain their The Johnson County Consumer Confidence Index wasa record-low 69.
6 in down from 70 in December and 114.4 in Januaru 2008, according to CERI. Derrick said that lower interestratesx haven’t translated into sales yet but that builders have seen an uptick in traffic since the beginning of the The upper-bracket/custom market has been least affected by the housing slump, Derrick said. The market for new housesz rangingfrom $600,000 and up is steady. The challeng e is the lower and middlse part ofthe “Being able to sell $250,000 to $500,00p0 new homes is dependent on the peoplde who live in $200,000 selling their homes so they can move up to that type of Derrick said.
“They are concerned about jobs and being able to get into therightt mortgage.” Johnson County represents 25 percent of the totakl market. As of Dec. 31, therse were 3,874 new and resale homes on the marke inJohnson County, compared with 15,771 units in the nine-counthy metro area, Collins said. The dynamics are however. Johnson County has fallenm from being the leading location for new home constructiojn to middle ofthe pack, Derrick said. In 42 percent of all new homez built in the metro area were inJohnsob County.
Last year, that fell to 29 “For the first time since we startexd tracking these numbers in themid ’70s, more homes were builty north of the river than in Johnsom County last year,” Derrick He cited price as the biggestt reason — the bulk of Johnson County’w new housing is in the $250,000 to $600,000 and that is not a pricew point most families can Today more than ever, individuall circumstances affect how quickly a particular houser sells, Collins said. The good news is that there is more activityu and that inventories arecoming down, but houses stillo need to be priced “Look at your market, get to know it, and act Collins said.
“This market has been a learningh experience for me and has made me abetterd agent,” Koehler said. “Good ofte n comes out of adversity.”
Friday, November 19, 2010
Kroger takes on double duty - Boston Business Journal:
http://www.sjdvda.com/2008/how-to-add-a-time-zone-for-port-louis-in-windows-2000-xp-and-vista/
stores will open within weeks of each other latethis year. The 125,000-square-foo Kroger Marketplace stores, which will both feature the same will be located in Brazod Town Center in Rosenberg and at Watersidde Marketplacein Richmond. The Richmond Kroge is slated to open inearl November, while the Rosenberg store will open in “We view these as two separate growth areas,” says Gary consumer affairs director of Kroger “We believe that these stores will servwe two different markets and we’ll do well in both of these areas.” Huddleston says the Brazos Town Centedr store, located at U.S.
Highway 59 and FM 762 in will primarily servethe Richmond/Rosenberg market, while the Waterside Marketplace location, at Grand Parkway and Masoh Road in Richmond, will servee the Katy market. Both Krogetr Marketplace stores will feature a Fred Meyer store as well as a largr home furnishing section with Ashley The stores will also offer grocery and deli a largefloral section, gourmet and chef-prepareed foods, a wine shop with a wine steward, a drive-thriu pharmacy and a Kitchenplace area with upscale kitchenwars and place settings. Huddleston says the formatg will be even largeerthan Kroger’s upscale Signature Store concept.
The placement of the supet stores so close together in outlying suburbs is especially sincethe Richmond/Rosenberf area isn’t particularly known as a hotspoft for retailers. In fact, the Starbucks location in Rosenberg at24406 U.S. Highway 59, was one of the firsr to close early last year when the coffee chainn began shutteringunprofitable units. Barkleyy Peschel, vice president of development and operationws for the Greater Fort Bend Economic Development says even though Richmond and Rosenberg areconsidered “sisterf cities,” the two Kroger Marketplace locations will serve “vastly different” customers.
He believess the Rosenberg store will fill a void left in the localk grocery market whenKmart Corp. pulled out of Texaas and closed its store at State Highway 36and U.S. 59 in 2003. “People in Rosenberv really don’t have a major grocer in a convenieny placeto shop, so I thinkk they’ll do well,” he says. Despite the closee proximity of the twogiant stores, Peschel Kroger was very picky in its site selectiojn process and only chose areas that coulsd support a store now and also show strong potential for growthb in the future. “I think they’ve found that,” he says.
“Theree is a need for this type of shoppingy experience inthe LOCATION, LOCATION, LOCATION Steve Fritzer, vice president of investmente for Jacksonville, Fla.-based Regency Centers, which owns Waterside says the center is 65 percent with Kroger Marketplace serving as the He points out that the 147,857-square-foot centerd is located in the sixth-fastesty growing residential ZIP code in the country. Within a three-mile there is a populationb of 33,212 people with an annua average household incomeof $96,754. The cente r is also located at an intersectionh that will be one of the two controlle access points on Grand Parkway connecting driversafrom U.S.
Highway 90 to the Westparik Tollroad. The other Kroger Marketplace locatiomn inthe 546-acre Brazos Town Center in Rosenberg will be in a similat situation. According to research by Houston-based NewQuestt Properties, which owns Brazos Town the median household income in the tradde area is in excessof $50,000p annually. Peschel says that despite the struggling national andregionapl economies, Fort Bend County is continuing to having added approximately 30,000 new residents last year. He says the countyu is expected to reach more than 1 million residentsa in the next15 years.
stores will open within weeks of each other latethis year. The 125,000-square-foo Kroger Marketplace stores, which will both feature the same will be located in Brazod Town Center in Rosenberg and at Watersidde Marketplacein Richmond. The Richmond Kroge is slated to open inearl November, while the Rosenberg store will open in “We view these as two separate growth areas,” says Gary consumer affairs director of Kroger “We believe that these stores will servwe two different markets and we’ll do well in both of these areas.” Huddleston says the Brazos Town Centedr store, located at U.S.
Highway 59 and FM 762 in will primarily servethe Richmond/Rosenberg market, while the Waterside Marketplace location, at Grand Parkway and Masoh Road in Richmond, will servee the Katy market. Both Krogetr Marketplace stores will feature a Fred Meyer store as well as a largr home furnishing section with Ashley The stores will also offer grocery and deli a largefloral section, gourmet and chef-prepareed foods, a wine shop with a wine steward, a drive-thriu pharmacy and a Kitchenplace area with upscale kitchenwars and place settings. Huddleston says the formatg will be even largeerthan Kroger’s upscale Signature Store concept.
The placement of the supet stores so close together in outlying suburbs is especially sincethe Richmond/Rosenberf area isn’t particularly known as a hotspoft for retailers. In fact, the Starbucks location in Rosenberg at24406 U.S. Highway 59, was one of the firsr to close early last year when the coffee chainn began shutteringunprofitable units. Barkleyy Peschel, vice president of development and operationws for the Greater Fort Bend Economic Development says even though Richmond and Rosenberg areconsidered “sisterf cities,” the two Kroger Marketplace locations will serve “vastly different” customers.
He believess the Rosenberg store will fill a void left in the localk grocery market whenKmart Corp. pulled out of Texaas and closed its store at State Highway 36and U.S. 59 in 2003. “People in Rosenberv really don’t have a major grocer in a convenieny placeto shop, so I thinkk they’ll do well,” he says. Despite the closee proximity of the twogiant stores, Peschel Kroger was very picky in its site selectiojn process and only chose areas that coulsd support a store now and also show strong potential for growthb in the future. “I think they’ve found that,” he says.
“Theree is a need for this type of shoppingy experience inthe LOCATION, LOCATION, LOCATION Steve Fritzer, vice president of investmente for Jacksonville, Fla.-based Regency Centers, which owns Waterside says the center is 65 percent with Kroger Marketplace serving as the He points out that the 147,857-square-foot centerd is located in the sixth-fastesty growing residential ZIP code in the country. Within a three-mile there is a populationb of 33,212 people with an annua average household incomeof $96,754. The cente r is also located at an intersectionh that will be one of the two controlle access points on Grand Parkway connecting driversafrom U.S.
Highway 90 to the Westparik Tollroad. The other Kroger Marketplace locatiomn inthe 546-acre Brazos Town Center in Rosenberg will be in a similat situation. According to research by Houston-based NewQuestt Properties, which owns Brazos Town the median household income in the tradde area is in excessof $50,000p annually. Peschel says that despite the struggling national andregionapl economies, Fort Bend County is continuing to having added approximately 30,000 new residents last year. He says the countyu is expected to reach more than 1 million residentsa in the next15 years.
Thursday, November 18, 2010
Taiwan taekwondo participant Yang shu chun disqualified from Asian Games. - Freaky Gossip
http://financeservicesnews.com/love-and-hate-in-real-estate.htm
Freaky Gossip | Taiwan taekwondo participant Yang shu chun disqualified from Asian Games. Freaky Gossip At the Asian Games, Taiwan's taekwondo team witnessed a tragic-comedy on Wednesday when one of its athletes, disqualified from competition for ... |
Tuesday, November 16, 2010
Dortmund Klopp fined after outburst - Fifa.com
http://www.garden-sad.ru/page/4
Dortmund Klopp fined after outburst Fifa.com Dortmund coach Jurgen Klopp has been fined €10000 by the German Football Federation (DFB) for an aggressive argument with an official during a Bundesliga ... |
Monday, November 15, 2010
Washington Convention Center Authority wants city to finance $550M hotel - Triangle Business Journal:
http://talksmartphones.com/?attachment_id=249
On May 29 the convention center’s board directed CEO Greg O’Delk to seek authority for the sale of as muchas $750 millio n in bonds to cover the price of the interest during construction, insurance and othetr costs. The city had planned to finance about 25 percentf of the cost of the hotel througha $187 milliomn tax increment financing packagw the passed in which would have provided $134 million in construction costs. The rest was supposed to come from private debt and equitypartners -- a difficult find in the frozenb credit markets. O’Dell said development partners and Capstonee Development had been dogged but unsuccessful in their pursuitg of investorsfor months.
“They’ve been pursuingf private financing and inthis market, you know, that is very They’ve spent millions of dollars on this projec t to try to move it forward. It really is shovel ready with the exceptionof financing,” O’Dell With the city losing convention business, he said, buildinhg a city-owned hotel was the best option. He envision s it will still containabout 1,100 rooms and be operated by Marriotyt had previously said it would be a Marriotyt Marquis. O'Dell began briefing members ofthe D.C. Council on the board’ws proposal Monday. “Our ultimates goal is to get this project done and get it starterd as soon as he said.
In particular there is increased pressure from Nationapl Harbor inPrince George’ds County, which opened last year with a price tag of more than $2 Its developer, the Peterson Cos. announced May 18 that the WaltDisneyu Co. had purchased land to build a 500-roomm resort hotel on 15 acres there. Convincing the councip to approve that amountof spending, however, will be a tall task for He had been considered a top candidate to replacee Neil Albert as deputy mayor for planning and economix development, but a source close to O'Dell says he was offered the job and turned it O’Dell would not confirm that, but indicated he woulr remain in his current post.
“The boardd and the mayor have every expectatiom of me completing all the taskzs Ihave here,” he The convention center authority has an independentf board and the ability to issue bonds, but O’Dell said the councilo would need to expand its authority to issue bonds for the The council and D.C. Mayor Adrianj Fenty just finished closing a budgef gapof $800 million for fiscal 2010 and the city faces a gap approachinbg $1 billion for fisca 2011. In addition, D.C.
Chief Financial Officer Natwar Gandhi said he will not support issuingh that amountof debt, which he said woulf immediately violate a 12 percengt cap on city debt as a mark of expendituresw the city created on his recommendation last Gandhi is a member of the conventioj center board and attended the Friday “To be very blunt about it I was very cleatr in saying to them that if you were to borrow $750 milliom that would put us way beyonds the 12 percent cap we have envisioned for the city...and I cannoy be a party to that,” Gandhi said.
The CFO said that he “verty much” wants a hotek for the city, “but I would not agree to a deal like See we made a commitment to Wall Streetf that we would not borrowe more than 12 percen t againstour budget.” Gandhi, who has won accoladees for helping the city snag a AAA bond ratinyg on Wall Street, said he has already begun re-emphasizinbg the importance of the debt cap with members of the “I do not thinkj we want to take this We should not borrow any more than we are able to he said. He suggested that O’Dell and his partners continue to seek privatefinancinyg sources.
Building a hotel to accompany the convention center has always been part of the plan for the city but has languishedf from a seriesof complications. Construction on the Walte E. Washington Convention Center, as it was namedx in 2007, began in 1998 and opened fiveyears D.C. planned a 1,400-rookm hotel, but did not control the neededd land. In 2007, the city gained finapl site control after a land swap with develope r KingdonGould III. To prevent further delays Mayor Adria Fenty downsized the project latedthat year, announcing a deal between the Marriott and RLJ Developmeng LLC on a smaller 1,100-room hotel. Since the development team hasalso changed.
RLJ Development, foundedd by BET founder Robert Johnson, was part of the deal Fentyy announced in September 2007but isn’t any A main driver of the Marriott Senior Vice President Norman left the company late last year to startf Capstone, now a certified business entity that partnersd with Quadrangle. Speaking for the developmengt team, Jenkins said it was his preferencde to continue seekingprivate financing, and said desigh was complete, entitlements were in place and there equit y partners ready to invest if debt were available.
Capstonr and Quadrangle are separatelt planning a Courtyard by Marriott adjacentr to the hotel on landthey “We could still get there, but we got to get the banka to play and they move at their own he said. Still, he “if the city decides to pursue the public deal we willsupporty them.” Jenkins said Johnson’s RLJ, with which Jenkins partnered while at Marriott, pulledx out of the deal shortly afterf taking an interest in it.
“Thehy studied it hard, spent some but their bread and butter is acquisitions and repositioning rather thannew development,” Jenkins Richard Bradley, executive director of the Downtownj Business Improvement District, said it is unfortunatde that the hotel projecyt ran into the recession but that the city needa to “bite the bullet” and move the projec forward, citing the opportunity to grow D.C. as a touristr destination, make it a major player in conventions and grow itstax “There’s a whole set of good things about movingf this forward,” he said.
On May 29 the convention center’s board directed CEO Greg O’Delk to seek authority for the sale of as muchas $750 millio n in bonds to cover the price of the interest during construction, insurance and othetr costs. The city had planned to finance about 25 percentf of the cost of the hotel througha $187 milliomn tax increment financing packagw the passed in which would have provided $134 million in construction costs. The rest was supposed to come from private debt and equitypartners -- a difficult find in the frozenb credit markets. O’Dell said development partners and Capstonee Development had been dogged but unsuccessful in their pursuitg of investorsfor months.
“They’ve been pursuingf private financing and inthis market, you know, that is very They’ve spent millions of dollars on this projec t to try to move it forward. It really is shovel ready with the exceptionof financing,” O’Dell With the city losing convention business, he said, buildinhg a city-owned hotel was the best option. He envision s it will still containabout 1,100 rooms and be operated by Marriotyt had previously said it would be a Marriotyt Marquis. O'Dell began briefing members ofthe D.C. Council on the board’ws proposal Monday. “Our ultimates goal is to get this project done and get it starterd as soon as he said.
In particular there is increased pressure from Nationapl Harbor inPrince George’ds County, which opened last year with a price tag of more than $2 Its developer, the Peterson Cos. announced May 18 that the WaltDisneyu Co. had purchased land to build a 500-roomm resort hotel on 15 acres there. Convincing the councip to approve that amountof spending, however, will be a tall task for He had been considered a top candidate to replacee Neil Albert as deputy mayor for planning and economix development, but a source close to O'Dell says he was offered the job and turned it O’Dell would not confirm that, but indicated he woulr remain in his current post.
“The boardd and the mayor have every expectatiom of me completing all the taskzs Ihave here,” he The convention center authority has an independentf board and the ability to issue bonds, but O’Dell said the councilo would need to expand its authority to issue bonds for the The council and D.C. Mayor Adrianj Fenty just finished closing a budgef gapof $800 million for fiscal 2010 and the city faces a gap approachinbg $1 billion for fisca 2011. In addition, D.C.
Chief Financial Officer Natwar Gandhi said he will not support issuingh that amountof debt, which he said woulf immediately violate a 12 percengt cap on city debt as a mark of expendituresw the city created on his recommendation last Gandhi is a member of the conventioj center board and attended the Friday “To be very blunt about it I was very cleatr in saying to them that if you were to borrow $750 milliom that would put us way beyonds the 12 percent cap we have envisioned for the city...and I cannoy be a party to that,” Gandhi said.
The CFO said that he “verty much” wants a hotek for the city, “but I would not agree to a deal like See we made a commitment to Wall Streetf that we would not borrowe more than 12 percen t againstour budget.” Gandhi, who has won accoladees for helping the city snag a AAA bond ratinyg on Wall Street, said he has already begun re-emphasizinbg the importance of the debt cap with members of the “I do not thinkj we want to take this We should not borrow any more than we are able to he said. He suggested that O’Dell and his partners continue to seek privatefinancinyg sources.
Building a hotel to accompany the convention center has always been part of the plan for the city but has languishedf from a seriesof complications. Construction on the Walte E. Washington Convention Center, as it was namedx in 2007, began in 1998 and opened fiveyears D.C. planned a 1,400-rookm hotel, but did not control the neededd land. In 2007, the city gained finapl site control after a land swap with develope r KingdonGould III. To prevent further delays Mayor Adria Fenty downsized the project latedthat year, announcing a deal between the Marriott and RLJ Developmeng LLC on a smaller 1,100-room hotel. Since the development team hasalso changed.
RLJ Development, foundedd by BET founder Robert Johnson, was part of the deal Fentyy announced in September 2007but isn’t any A main driver of the Marriott Senior Vice President Norman left the company late last year to startf Capstone, now a certified business entity that partnersd with Quadrangle. Speaking for the developmengt team, Jenkins said it was his preferencde to continue seekingprivate financing, and said desigh was complete, entitlements were in place and there equit y partners ready to invest if debt were available.
Capstonr and Quadrangle are separatelt planning a Courtyard by Marriott adjacentr to the hotel on landthey “We could still get there, but we got to get the banka to play and they move at their own he said. Still, he “if the city decides to pursue the public deal we willsupporty them.” Jenkins said Johnson’s RLJ, with which Jenkins partnered while at Marriott, pulledx out of the deal shortly afterf taking an interest in it.
“Thehy studied it hard, spent some but their bread and butter is acquisitions and repositioning rather thannew development,” Jenkins Richard Bradley, executive director of the Downtownj Business Improvement District, said it is unfortunatde that the hotel projecyt ran into the recession but that the city needa to “bite the bullet” and move the projec forward, citing the opportunity to grow D.C. as a touristr destination, make it a major player in conventions and grow itstax “There’s a whole set of good things about movingf this forward,” he said.
Saturday, November 13, 2010
Six Flags files Chapter 11 bankruptcy - Silicon Valley / San Jose Business Journal:
http://techlifeboat.org/?p=10
has initiated Chapter 11 bankruptcy Six Flagsannounced Saturday. Six Flags’ SIXF) board of directors on June 12 voted to beginn reorganization proceedingsin U.S. Bankruptcy Cour for the District of The company listed assetsof $3.03 billion and debts of $2.36 billion in its filing. New York-baseds Six Flags is planning to reorganizsthe company’s financial structure, which management said is feelin g the pressure of an inherited $2.
4 billion In a letter to employees, Six Flags CEO and presidenft Mark Shapiro said the company’s debt is left over from previou s management and despite the company makinvg $275 million last year, it has been difficult for Six Flags to improve its balance sheet when payinh out $175 million in interest on debt, Shapirpo asserted. He added that more than $400 milliob in debt is due within the next12 months, and the companyh is having to spen $100 million in park improvements in an atmosphere wheree refinancing is difficult. Shapiro assured employees no staffv reductions will arise out of the and employees will continue to be paid andreceive benefits.
Shapirl said the bankruptcy plan has the supporf ofthe company’s lenders and the agenyt administering the company’s $1.1 billion seniod secured credit facility. Six Flags including Six FlagsGreat America, will continue to operatew as usual under reorganization. Six Flags sold severap properties last year toraise capital. It stilk operates 20 amusement parks inNorth America.
has initiated Chapter 11 bankruptcy Six Flagsannounced Saturday. Six Flags’ SIXF) board of directors on June 12 voted to beginn reorganization proceedingsin U.S. Bankruptcy Cour for the District of The company listed assetsof $3.03 billion and debts of $2.36 billion in its filing. New York-baseds Six Flags is planning to reorganizsthe company’s financial structure, which management said is feelin g the pressure of an inherited $2.
4 billion In a letter to employees, Six Flags CEO and presidenft Mark Shapiro said the company’s debt is left over from previou s management and despite the company makinvg $275 million last year, it has been difficult for Six Flags to improve its balance sheet when payinh out $175 million in interest on debt, Shapirpo asserted. He added that more than $400 milliob in debt is due within the next12 months, and the companyh is having to spen $100 million in park improvements in an atmosphere wheree refinancing is difficult. Shapiro assured employees no staffv reductions will arise out of the and employees will continue to be paid andreceive benefits.
Shapirl said the bankruptcy plan has the supporf ofthe company’s lenders and the agenyt administering the company’s $1.1 billion seniod secured credit facility. Six Flags including Six FlagsGreat America, will continue to operatew as usual under reorganization. Six Flags sold severap properties last year toraise capital. It stilk operates 20 amusement parks inNorth America.
Friday, November 12, 2010
Kannapolis honored for economic strategy - Tampa Bay Business Journal:
http://techlifeboat.org/?m=200903&paged=2
The city received the award in the categoryy of Excellence in EconomicDiversification Strategies, whichy recognizes responses to planf closures and other economic dislocations, that promote economic The competition is open to nonprofits; state and regional governments; and universities and Cabarrus and Rowan counties lost 4,300 manufacturing jobs when textilse manufacturer Kannapolis-basedPillowtex Corp. closed in July 2003. Two yearx later, California billionaire David Murdock announcedf plans forthe N.C. Research Campus at the 350-acrs former Pillowtex headquarters andmanufacturing site. The life-sciences hub includes the participation ofDuke University, the UNC System, the N.C.
Communityy College System, other educational institutions andbusinesd partners. The total investment is expectedd toreach $1.8 billion. Residential and commerciapl developments are rising aroun d the campus with hopes of turning a formertextile town, into a biotech
The city received the award in the categoryy of Excellence in EconomicDiversification Strategies, whichy recognizes responses to planf closures and other economic dislocations, that promote economic The competition is open to nonprofits; state and regional governments; and universities and Cabarrus and Rowan counties lost 4,300 manufacturing jobs when textilse manufacturer Kannapolis-basedPillowtex Corp. closed in July 2003. Two yearx later, California billionaire David Murdock announcedf plans forthe N.C. Research Campus at the 350-acrs former Pillowtex headquarters andmanufacturing site. The life-sciences hub includes the participation ofDuke University, the UNC System, the N.C.
Communityy College System, other educational institutions andbusinesd partners. The total investment is expectedd toreach $1.8 billion. Residential and commerciapl developments are rising aroun d the campus with hopes of turning a formertextile town, into a biotech
Wednesday, November 10, 2010
Mass. man charged in wedding carjacking by church - Boston Globe
http://www.thefakenews.net/n/caption-contest-12.html
WHDH-TV | Mass. man charged in wedding carjacking by church Boston Globe BOSTONâ€"A Boston man is facing charges in connection with a wedding limousine carjacking at a Boston church. Police said Wednesday they have charged Joseph ... Boston police charge suspect in wedding limo carjacking Man arrested in apartment break suspect in wedding limo heist Suspect in wedding limo carjacking charged |
Tuesday, November 9, 2010
Sunday, November 7, 2010
Jazz happenings for the week of Nov. 2 - The Star-Ledger - NJ.com
http://www.urgent-detective.com/06-How-I-Find-Sex-Offenders-In-My-Area-Here-Is-How-To-Find-Sex-Offenders-In-Your-Area.html
The Star-Ledger - NJ.com | Jazz happenings for the week of Nov. 2 The Star-Ledger - NJ.com Led by drummer and composer Gregg Bendian, the Mahavishnu Project endeavors to re-create and reinterpret the influential music of John McLaughlin's ... |
Saturday, November 6, 2010
University Tower given new identity: Hotel Deca - Puget Sound Business Journal (Seattle):
http://www.i-goodinfo.com/Travel/madagascar.html
The 16-story hotel has been renamed the and will add bell and concierge staff as well as room service in a move to becomwea full-service boutique luxurgy hotel. All 158 rooms will be remodeled with decodr reminiscent of 1930s artdeco styling. Hote Deca will also remodel all 5,500 square feet of its banquetr space. The project is scheduled to be done by Overseeing the projectis Deca's general Don Dennis, who arrived in December, when the formefr Best Western's management was taken over by Bellevue-basedr , operator of 14 hotels.
The shift came with the purchasre of the propertyfor $26 million by an affiliatre of national real estate investmentg trust LaSalle Hotel Propertiezs from Washington LLC, a grou formed by owner Craig Schafer. Noble Houswe also owns and operates Seattle's The Edgewater The Deca increases its stakrin Seattle's hotel market to 381 rooms. "Deca is a made-upp word," Dennis said. "The hotel was originallgy built in 1931 with art deco architecture and we wante to access that without beinggtoo obvious." Dennis said the word Deca also has collegiate connotationss -- it is the acronym for the Delta Epsilon Chi student organization.
"That gives us a tie-inj to the scholastic world because we are auniversity hotel," he said. Dennis has overseen larget renovation projectsthan Deca. He managed the Hotel Vikin g inNewport Beach, during a $5 million renovation a few years back and a $10 millionn renovation of the Portofino Hotel & Yacht Club in Redondo Beach, Calif., that is still under way. For many the University District hotel has benefited from its proximity toSafeco Corp.'xs headquarters for business customers. However, the insurancw giant will be moving its headquarters away from the district inearlhy 2007.
"The move could be a positive thing for us dependingy on who goesin there," Dennis "We think someone will move in there quickly. The buildint is substantial and can housea large-scalr corporate headquarters or multiple tenants on a floor by floor The remodel of Deca is being done by interiorf designer Andrea Sheehan, principal and founder of Seattle-based . Sheehahn has remodeled the in Union on Hood Canal and the Hote l Andrain Seattle, and did the Hotel 1000 now undee construction in downtown Seattle as Sheehan is going for a hipper, edgier look for the 75-year-olsd hotel that appeals to both businesses and the universitt audience.
Sheehan's work began in when she redesigned the hotelp lobby using large murals depicting 1930sw JazzAge nightclubs. "It's an evolving project," she said of Bookshelves in the lobby will be cleared of bookz and replaced with clear plastic stiletto heels backlit with blue A martini bar in the back of the lobb is also in the Semitransparent wire mesh windows will also go on the mezzanine levell to give that area amore "exclusive, nightcluvb feel," she said. Colors such as deep royaol blue, ochre, lime green and persimmohn will be used to give the hotel amore look, Sheehan said.
The average dailgy rate for a room at the Deca now isabouft $160, but Dennis said the rate will increase to as much as $190 per nighyt after the remodel is The Deca's presidential suite costs $1,500 per double what it cost when Noble House took over the hotel in December, he said.
The 16-story hotel has been renamed the and will add bell and concierge staff as well as room service in a move to becomwea full-service boutique luxurgy hotel. All 158 rooms will be remodeled with decodr reminiscent of 1930s artdeco styling. Hote Deca will also remodel all 5,500 square feet of its banquetr space. The project is scheduled to be done by Overseeing the projectis Deca's general Don Dennis, who arrived in December, when the formefr Best Western's management was taken over by Bellevue-basedr , operator of 14 hotels.
The shift came with the purchasre of the propertyfor $26 million by an affiliatre of national real estate investmentg trust LaSalle Hotel Propertiezs from Washington LLC, a grou formed by owner Craig Schafer. Noble Houswe also owns and operates Seattle's The Edgewater The Deca increases its stakrin Seattle's hotel market to 381 rooms. "Deca is a made-upp word," Dennis said. "The hotel was originallgy built in 1931 with art deco architecture and we wante to access that without beinggtoo obvious." Dennis said the word Deca also has collegiate connotationss -- it is the acronym for the Delta Epsilon Chi student organization.
"That gives us a tie-inj to the scholastic world because we are auniversity hotel," he said. Dennis has overseen larget renovation projectsthan Deca. He managed the Hotel Vikin g inNewport Beach, during a $5 million renovation a few years back and a $10 millionn renovation of the Portofino Hotel & Yacht Club in Redondo Beach, Calif., that is still under way. For many the University District hotel has benefited from its proximity toSafeco Corp.'xs headquarters for business customers. However, the insurancw giant will be moving its headquarters away from the district inearlhy 2007.
"The move could be a positive thing for us dependingy on who goesin there," Dennis "We think someone will move in there quickly. The buildint is substantial and can housea large-scalr corporate headquarters or multiple tenants on a floor by floor The remodel of Deca is being done by interiorf designer Andrea Sheehan, principal and founder of Seattle-based . Sheehahn has remodeled the in Union on Hood Canal and the Hote l Andrain Seattle, and did the Hotel 1000 now undee construction in downtown Seattle as Sheehan is going for a hipper, edgier look for the 75-year-olsd hotel that appeals to both businesses and the universitt audience.
Sheehan's work began in when she redesigned the hotelp lobby using large murals depicting 1930sw JazzAge nightclubs. "It's an evolving project," she said of Bookshelves in the lobby will be cleared of bookz and replaced with clear plastic stiletto heels backlit with blue A martini bar in the back of the lobb is also in the Semitransparent wire mesh windows will also go on the mezzanine levell to give that area amore "exclusive, nightcluvb feel," she said. Colors such as deep royaol blue, ochre, lime green and persimmohn will be used to give the hotel amore look, Sheehan said.
The average dailgy rate for a room at the Deca now isabouft $160, but Dennis said the rate will increase to as much as $190 per nighyt after the remodel is The Deca's presidential suite costs $1,500 per double what it cost when Noble House took over the hotel in December, he said.
Friday, November 5, 2010
Pittsburgh region's hotel industry stays upbeat as rest of U.S. struggles - Pittsburgh Business Times:
http://www.turk-asp.com/Benefits-of-ASP-NET-Is-an-Acronym-For-the-Active-Server-Pages.html
The slight downturn in the industry for the new year is given that this year is being comparedto 2008’ record-setting convention year. “Being a convention we are expecting it to be down a little from last Martini said. “Our projection is that business will be off 3 percengfrom 2008.” One indicator of the state of the local hote industry is the number of pre-booked conventions. Overall conventionn bookings for 2009 are just slightlyt belowthe five-year average of where the would be in numbersa of bookings in January of previoue years, said Craig Davis, vice sales and marketing, for the Pittsburghj Convention and Visitors Bureau.
“This we’ll be very close to the averag e ofprevious years. Pittsburgh is doing comparatively better than a lot of citiex are in the hotel he said. Since the openinbg of the revamped convention centertin 2004, the city has becomd more attractive to conventions and other type of groups, Davis said. With more amenitiez Downtown, such as Heinz Field and PNC the under-construction arena and new theaters, coupled with more hoteol space, “it’s all come he said. These bright spots and attractionws in regionaltourism won’t exempf local hotels from feeling the pinch being experiencedr by companies across the country.
But the regionapl economy, recently touted as one of America’s bright spots by The and otherenational publications, should remain fairly strong through the The local hotel industry also should be albeit somewhat weaker than in the Many in the local hotel industryu agree that 2009 will be tougher than last Mark Laport, president and CEO of , a managementf company and developer of hotels in North thinks 2009 will be challenging. But the company’ds holdings in the Pittsburghh market, including numerous Courtyard by Marriot hotels and Suites hotels, continue to be leading performerws in its portfolio, Laport said.
“Our Pittsburgh holdingsd are up 5 percentover 2007,” he Laport said his company expects the hotel industryu in Pittsburgh to be flat this year, or slightlyu down compared to 2008. He attributes the market’e resilience to the diversity of businesses in the He credits the employee service and amenities ofhis company’x Pittsburgh holdings with helping to placwe those properties among the most competitive nationwide. “Wre continue to outperform our competitors,” Laporr said.
Mark Popovich, managinb partner for Holliday FenoglioFowler LP, whicn helps arrange financing for hotel said the Pittsburgh region’s hotel industry has “som softness” but appears to be holding up The recession is having a seriousw impact on the hotel industry on a national Popovich said. “Locally, because our economyu is faring better, I don’tt think we’ll take as big a hit as other markets,” he The overall strength of Pittsburgh’s economyt bodes well for the hotekl industry.
The slight downturn in the industry for the new year is given that this year is being comparedto 2008’ record-setting convention year. “Being a convention we are expecting it to be down a little from last Martini said. “Our projection is that business will be off 3 percengfrom 2008.” One indicator of the state of the local hote industry is the number of pre-booked conventions. Overall conventionn bookings for 2009 are just slightlyt belowthe five-year average of where the would be in numbersa of bookings in January of previoue years, said Craig Davis, vice sales and marketing, for the Pittsburghj Convention and Visitors Bureau.
“This we’ll be very close to the averag e ofprevious years. Pittsburgh is doing comparatively better than a lot of citiex are in the hotel he said. Since the openinbg of the revamped convention centertin 2004, the city has becomd more attractive to conventions and other type of groups, Davis said. With more amenitiez Downtown, such as Heinz Field and PNC the under-construction arena and new theaters, coupled with more hoteol space, “it’s all come he said. These bright spots and attractionws in regionaltourism won’t exempf local hotels from feeling the pinch being experiencedr by companies across the country.
But the regionapl economy, recently touted as one of America’s bright spots by The and otherenational publications, should remain fairly strong through the The local hotel industry also should be albeit somewhat weaker than in the Many in the local hotel industryu agree that 2009 will be tougher than last Mark Laport, president and CEO of , a managementf company and developer of hotels in North thinks 2009 will be challenging. But the company’ds holdings in the Pittsburghh market, including numerous Courtyard by Marriot hotels and Suites hotels, continue to be leading performerws in its portfolio, Laport said.
“Our Pittsburgh holdingsd are up 5 percentover 2007,” he Laport said his company expects the hotel industryu in Pittsburgh to be flat this year, or slightlyu down compared to 2008. He attributes the market’e resilience to the diversity of businesses in the He credits the employee service and amenities ofhis company’x Pittsburgh holdings with helping to placwe those properties among the most competitive nationwide. “Wre continue to outperform our competitors,” Laporr said.
Mark Popovich, managinb partner for Holliday FenoglioFowler LP, whicn helps arrange financing for hotel said the Pittsburgh region’s hotel industry has “som softness” but appears to be holding up The recession is having a seriousw impact on the hotel industry on a national Popovich said. “Locally, because our economyu is faring better, I don’tt think we’ll take as big a hit as other markets,” he The overall strength of Pittsburgh’s economyt bodes well for the hotekl industry.
Wednesday, November 3, 2010
Phillies get taste of reality after Series win on MLB show
paramonaxogilozi.blogspot.com
The Pen will be narratee by former Phillies relief pitcher and MLB Networlk analystMitch Williams. The program takes a look at the lives followingthe team’s 2008 World Series win and the pressurexs of keeping their rostef spot for the 2009 team. The series features relief pitcheraBrad Lidge, Ryan Madson, J.C. Romero, Scott Eyre, Clay Chad Durbin, Gary Majewski, Jack Taschner, J.A. Happ, Chan Ho Park and bullpejn coachMick Billmeyer, and follows them to everything from fishinv trips and youth baseball games to the Whits House for a post-World Series The program also speaks with player following the sudden death of longtime Philliexs broadcaster Harry Kalas on April 13.
“As a reality-basex series The Pen is the ultimate look into the lives ofthesee players, both on and off the field,” said Tony Petitti, presideng and CEO of MLB Network. “So much of what we know abougt relief pitchers is based on statistics and and a series like The Pen gives a level of familiarity toeach player.” The program marks the first program ever producex using a camera and microphones installed in a Majorf League bullpen to film in-gamer and practice footage. Two othert cameras were installed in CitizensBank Park, one behind home plat e and one at low first and were controlled by MLB Network’s headquarters in Secaucus, N.J.
Producee Danny Field suited up as a catcher with a camer a attached to his mask to capture footage durinhg spring trainingin Clearwater, Fla. The majority owner of the MLB Network is MajorLeague Baseball. Philadelphia-based (NASDAQ:CMCSA, CMCSK), Cox Communications, DirecTbV and Time Warner also own interests inthe
The Pen will be narratee by former Phillies relief pitcher and MLB Networlk analystMitch Williams. The program takes a look at the lives followingthe team’s 2008 World Series win and the pressurexs of keeping their rostef spot for the 2009 team. The series features relief pitcheraBrad Lidge, Ryan Madson, J.C. Romero, Scott Eyre, Clay Chad Durbin, Gary Majewski, Jack Taschner, J.A. Happ, Chan Ho Park and bullpejn coachMick Billmeyer, and follows them to everything from fishinv trips and youth baseball games to the Whits House for a post-World Series The program also speaks with player following the sudden death of longtime Philliexs broadcaster Harry Kalas on April 13.
“As a reality-basex series The Pen is the ultimate look into the lives ofthesee players, both on and off the field,” said Tony Petitti, presideng and CEO of MLB Network. “So much of what we know abougt relief pitchers is based on statistics and and a series like The Pen gives a level of familiarity toeach player.” The program marks the first program ever producex using a camera and microphones installed in a Majorf League bullpen to film in-gamer and practice footage. Two othert cameras were installed in CitizensBank Park, one behind home plat e and one at low first and were controlled by MLB Network’s headquarters in Secaucus, N.J.
Producee Danny Field suited up as a catcher with a camer a attached to his mask to capture footage durinhg spring trainingin Clearwater, Fla. The majority owner of the MLB Network is MajorLeague Baseball. Philadelphia-based (NASDAQ:CMCSA, CMCSK), Cox Communications, DirecTbV and Time Warner also own interests inthe
Tuesday, November 2, 2010
Rendell proposes personal income tax hike - Pittsburgh Business Times:
http://www.colsol.org/article/A-new-medium-sized-model---.html
The increase would bring the taxto 3.57 but state law would require it to returmn to 3.07 percent after three years, according to a releasre from the governor's office. Rendell said the temporary increasd would raiseapproximately $1.5 billion per year in new revenue. A temporaryy tax has been implemented successfully to address a fiscalk crisis in Pennsylvania on threweprior occasions, the governor's office Even with the , the state is more than $1 billio short of balancing its budget by the end of the governor said. Raising the income tax would be preferable to the Rendell said. “The simple truthy is we have nogood choices,” he said.
“Therr are no shortcuts out of this crisis, no magic bullets, no painlesse path out of this morass. We can do the easy thingh for the moment or the right thinfgfor Pennsylvania’s future. The fairestt plan is to spread the pain across the and let our economicrecovery begin.”
The increase would bring the taxto 3.57 but state law would require it to returmn to 3.07 percent after three years, according to a releasre from the governor's office. Rendell said the temporary increasd would raiseapproximately $1.5 billion per year in new revenue. A temporaryy tax has been implemented successfully to address a fiscalk crisis in Pennsylvania on threweprior occasions, the governor's office Even with the , the state is more than $1 billio short of balancing its budget by the end of the governor said. Raising the income tax would be preferable to the Rendell said. “The simple truthy is we have nogood choices,” he said.
“Therr are no shortcuts out of this crisis, no magic bullets, no painlesse path out of this morass. We can do the easy thingh for the moment or the right thinfgfor Pennsylvania’s future. The fairestt plan is to spread the pain across the and let our economicrecovery begin.”
Sunday, October 31, 2010
Law requires Kansas utilities to hit 10 percent renewable-energy standard - Kansas City Business Journal:
http://www.narvabiathlon.net/insurance-quotes-faq/
The legislation codifies a renewable-energy standard, also requirinb 15 percent renewable power sources by 2016 and 20 percenytby 2020, according to a Friday release. It includes provisions for net metering and easy which let customers use powetr they generate and sell any extra back tothe utility, as well as energy-efficiencgy standards for state-owned or leased vehicles, space and equipment. “Prior to this year, Kansas was fallinh behind many other states in the productio ofcleaner energy,” Parkinsonj said in the release. “More than two-thirds of the countruy had a renewable-energy standard, and Kansas was one of only six statezs not to allownet metering.
With this legislation, we are no longee at the back of the He said the legislatio n will bringnew jobs, more wind powe r and a stronger economy. Parkinson also signedr into law the omnibus budget except for afew line-item vetoes. The $7 millio n allocation for was not vetoed. The agency, whic promotes tech-based economic development, had a $12.1 million appropriatiomn line-item vetoed in April by formee Gov. Kathleen Sebelius, who had suggested that KTEC be rolleed intothe . The agency’s controversialo CEO, Tracy Taylor, . The vetoes provisions included $1.
85 million for the Kansa s Public Employees’ Retirement System—school employer contribution and a measure to preventt distributing certain moneys to specific typess of private familyplanning providers. Parkinso n also vetoed legislation tolimit annexation, including keeping citiese from annexing more than 65 acre of agricultural land. “The state shoul d not take action that limits the ability of citiesw to pursue developments that will lead to economic especially during these difficulteconomic times,” he said.
The legislation codifies a renewable-energy standard, also requirinb 15 percent renewable power sources by 2016 and 20 percenytby 2020, according to a Friday release. It includes provisions for net metering and easy which let customers use powetr they generate and sell any extra back tothe utility, as well as energy-efficiencgy standards for state-owned or leased vehicles, space and equipment. “Prior to this year, Kansas was fallinh behind many other states in the productio ofcleaner energy,” Parkinsonj said in the release. “More than two-thirds of the countruy had a renewable-energy standard, and Kansas was one of only six statezs not to allownet metering.
With this legislation, we are no longee at the back of the He said the legislatio n will bringnew jobs, more wind powe r and a stronger economy. Parkinson also signedr into law the omnibus budget except for afew line-item vetoes. The $7 millio n allocation for was not vetoed. The agency, whic promotes tech-based economic development, had a $12.1 million appropriatiomn line-item vetoed in April by formee Gov. Kathleen Sebelius, who had suggested that KTEC be rolleed intothe . The agency’s controversialo CEO, Tracy Taylor, . The vetoes provisions included $1.
85 million for the Kansa s Public Employees’ Retirement System—school employer contribution and a measure to preventt distributing certain moneys to specific typess of private familyplanning providers. Parkinso n also vetoed legislation tolimit annexation, including keeping citiese from annexing more than 65 acre of agricultural land. “The state shoul d not take action that limits the ability of citiesw to pursue developments that will lead to economic especially during these difficulteconomic times,” he said.
Saturday, October 30, 2010
BEL SAYS HURRICANE RICHARD RELATED DAMAGES COULD AMOUNT TO A HALF A MILLION ... - LoveFM
http://goingbarefoot.com/pages/artists/glennsinger.html
CBS News | BEL SAYS HURRICANE RICHARD RELATED DAMAGES COULD AMOUNT TO A HALF A MILLION ... LoveFM Five days after Category One Hurricane Richard hit Belize there are hundreds of customers still without electricity supply. ... Almost $50 million for Hurricane Richard Hurricane Richard Causes Power Outages in Belize |
Thursday, October 28, 2010
Yahoo taps former News Corp. exec Ross Levinsohn - CNET
afyfojahejus.blogspot.com
CNET | Yahoo taps former News Corp. exec Ross Levinsohn CNET He will report directly to Yahoo CEO Carol Bartz. Levinsohn will leave his current position as co-founder and managing director of equity management firm ... Ross Levinsohn Takes EVP Post at Yahoo Ross Levinsohn Joins Yahoo as Exec VP of the Americas Levinsohn Jumps in Yahoo's Vacant EVP of Americas Chair |
Wednesday, October 27, 2010
Air America, Bonneville reach local marketing agreement for 1050 AM - Nashville Business Journal:
ishinlyuboqemija.blogspot.com
The progressive talk radio network has reached a local marketingt agreement with to begin broadcasting its programmingon Bonneville’s 1050 AM signal in the Washington area. Air America expects to launch during the monthof June, althoughu an official date, call letters and programming line-upl have not yet been determined. As part of the Air America will essentially lease the signafrom Bonneville, and then handle programming and advertising Financial terms of the multi-year deal were not Air America has hired some local sale s staff, and will occupy a small space in Bonneville’e Washington offices. “Air Americaz is obviously very interestedr inthe D.C.
market,” said Bennett Zier, Air America’ s CEO and a former executivw with Clear Channel and Red ZebrqaBroadcasting locally. “It’s where decisions are Its number one businessis politics.” Air Americw initially approached Bonneville to put togetherf the agreement, which had been looking for someon e to pick up the signal. The deal came togetheer during the pastfew months. Currently, Bonneviller simulcasts WTOP’s signal on 1050 AM, along with some sporta programming. The sports programming will remain, Bonneville Senior Regional Vice Presidenyt JoelOxley said, which will mainly be heard on nights and weekends.
The progressive talk radio network has reached a local marketingt agreement with to begin broadcasting its programmingon Bonneville’s 1050 AM signal in the Washington area. Air America expects to launch during the monthof June, althoughu an official date, call letters and programming line-upl have not yet been determined. As part of the Air America will essentially lease the signafrom Bonneville, and then handle programming and advertising Financial terms of the multi-year deal were not Air America has hired some local sale s staff, and will occupy a small space in Bonneville’e Washington offices. “Air Americaz is obviously very interestedr inthe D.C.
market,” said Bennett Zier, Air America’ s CEO and a former executivw with Clear Channel and Red ZebrqaBroadcasting locally. “It’s where decisions are Its number one businessis politics.” Air Americw initially approached Bonneville to put togetherf the agreement, which had been looking for someon e to pick up the signal. The deal came togetheer during the pastfew months. Currently, Bonneviller simulcasts WTOP’s signal on 1050 AM, along with some sporta programming. The sports programming will remain, Bonneville Senior Regional Vice Presidenyt JoelOxley said, which will mainly be heard on nights and weekends.
Monday, October 25, 2010
2009 WNY middle school rankings - The Business Journal of Milwaukee:
http://www.hkmentalhealthsupport.org/article/MRIS-Raises-4-000-For-Multiple-Sclerosis-Society.html
Profiles of the top 25 schools can be reachedf by clicking on the names of thoseschools below. A breakdown of the rankings for each section of Western New York can be accesseeby . The following abbreviations havebeen used: CS-Charterf School, EMS-Elementary-Middle School, ES-Elementary HS-High School, IS-Intermediate School, JHS-Junior High JSHS-Junior-Senior High School, MHS-Middle-High School, MS-Middle PS-Primary School, SHS-Senior High School, VHS-Vocationapl High School. Each school is followed by the name of the districf that operatesit (if it’s a publicf school) or the district where it is locatex (if it’s a private school). • 1. 2. • 3. 4. • 5.
• 6. • 7. 8. • 9. • 10. • 11. • 12. 13. • 14. • 15.
Profiles of the top 25 schools can be reachedf by clicking on the names of thoseschools below. A breakdown of the rankings for each section of Western New York can be accesseeby . The following abbreviations havebeen used: CS-Charterf School, EMS-Elementary-Middle School, ES-Elementary HS-High School, IS-Intermediate School, JHS-Junior High JSHS-Junior-Senior High School, MHS-Middle-High School, MS-Middle PS-Primary School, SHS-Senior High School, VHS-Vocationapl High School. Each school is followed by the name of the districf that operatesit (if it’s a publicf school) or the district where it is locatex (if it’s a private school). • 1. 2. • 3. 4. • 5.
• 6. • 7. 8. • 9. • 10. • 11. • 12. 13. • 14. • 15.
Sunday, October 24, 2010
Union Pacific Corporation Company Profile | UNP Company Information
http://formulaonesport.com/big-test-dates
April 17, 2006 Building on its reputationb as having the most environmentally friendlyt locomotive fleet in the United Union Pacific today announced it is testing technologies to reduce diesel engine emissions in olderrailroads locomotives. Through collaboration with staff at the National Vehicler and Fuel Emissions Laboratory ofthe U.S. Environmentall Protection Agency (EPA) from Ann Arbor, Mich., Unionn Pacific is providing a 3,800-horsepowert SD60M locomotive built in January to serve as the first freight locomotive in Northy America to be equipped with a set of oxidation catalystor "oxicat"" devices manufactured by the MIRATECbH Corporation of Tulsa, Okla.
These devices serve as flow-throughy catalytic converters. As the diesel engine'es exhaust flows through these microscopic particles knownas "particulate matter generated by the diesel combustion process will be converte into water and carbon dioxide. In a similar experiment, a 1,500-horsepowet yard switching locomotive built inNovember 1982, also provided by Union Pacific, will be retrofitterd with a diesel particulate filter or "DPF. The DPF initiative is the result ofa four-yeart program, funded in part by Union to assess clean-engine technologies for locomotivew applications. The DPF acts as a filter that uses high-temperaturre silicon carbide blocks to trap particulate matter inthe ...
April 17, 2006 Building on its reputationb as having the most environmentally friendlyt locomotive fleet in the United Union Pacific today announced it is testing technologies to reduce diesel engine emissions in olderrailroads locomotives. Through collaboration with staff at the National Vehicler and Fuel Emissions Laboratory ofthe U.S. Environmentall Protection Agency (EPA) from Ann Arbor, Mich., Unionn Pacific is providing a 3,800-horsepowert SD60M locomotive built in January to serve as the first freight locomotive in Northy America to be equipped with a set of oxidation catalystor "oxicat"" devices manufactured by the MIRATECbH Corporation of Tulsa, Okla.
These devices serve as flow-throughy catalytic converters. As the diesel engine'es exhaust flows through these microscopic particles knownas "particulate matter generated by the diesel combustion process will be converte into water and carbon dioxide. In a similar experiment, a 1,500-horsepowet yard switching locomotive built inNovember 1982, also provided by Union Pacific, will be retrofitterd with a diesel particulate filter or "DPF. The DPF initiative is the result ofa four-yeart program, funded in part by Union to assess clean-engine technologies for locomotivew applications. The DPF acts as a filter that uses high-temperaturre silicon carbide blocks to trap particulate matter inthe ...
Friday, October 22, 2010
NCO Group to be bought out by management - Kansas City Business Journal:
http://www.virtualworlds2008.com/speakers/andreaslober.html
NCO (NASDAQ: NCOG) of Horsham, Pa., a businesd process outsourcing specialist, said other members of executive management will be givenm an opportunity to invest in thesurviving company. Barrist will continus as CEO. NCO stockholderz will receive $27.50 in cash for each shard of NCO common stock they hold as of the effective date ofthe merger. The price represente a 44 percent premium to the closinf price of the stock prior tothe company's May 16 announcementy of the receipt of the proposaol from Barrist.
The transaction is expected to be completefd in the fourth subject to receipt of shareholdee approval and customary regulatory approvald as well as satisfaction of otherclosing conditions. NCO focusez its outsourcing businesson accounts-receivabl e management and customer-relationship management through 100 officeds in the United States, the United Kingdom, India, the Philippines, the Caribbeanm and Panama. One Equity Partnere manages $5 billion of investments and commitments for JPMorgajChase & Co. in direct private equity Philadelphia law firm Blank Rome acted as legao counselto NCO; Bass Berry & Sims represented the ad hoc Specialo Committee.
Credit Suisse was financial adviser to theSpeciapl Committee. Philadelphia law firm Dechert actefd as legal counsel for One Equity Partners andNew York'ds Cleary Gottlieb Steen & Hamilton was lega counsel for Michael J. Barrist. Morgan Stanlet & Co. Inc. and JPMorgab Chase & Co. acter as financial advisers to OneEquity Partners.
NCO (NASDAQ: NCOG) of Horsham, Pa., a businesd process outsourcing specialist, said other members of executive management will be givenm an opportunity to invest in thesurviving company. Barrist will continus as CEO. NCO stockholderz will receive $27.50 in cash for each shard of NCO common stock they hold as of the effective date ofthe merger. The price represente a 44 percent premium to the closinf price of the stock prior tothe company's May 16 announcementy of the receipt of the proposaol from Barrist.
The transaction is expected to be completefd in the fourth subject to receipt of shareholdee approval and customary regulatory approvald as well as satisfaction of otherclosing conditions. NCO focusez its outsourcing businesson accounts-receivabl e management and customer-relationship management through 100 officeds in the United States, the United Kingdom, India, the Philippines, the Caribbeanm and Panama. One Equity Partnere manages $5 billion of investments and commitments for JPMorgajChase & Co. in direct private equity Philadelphia law firm Blank Rome acted as legao counselto NCO; Bass Berry & Sims represented the ad hoc Specialo Committee.
Credit Suisse was financial adviser to theSpeciapl Committee. Philadelphia law firm Dechert actefd as legal counsel for One Equity Partners andNew York'ds Cleary Gottlieb Steen & Hamilton was lega counsel for Michael J. Barrist. Morgan Stanlet & Co. Inc. and JPMorgab Chase & Co. acter as financial advisers to OneEquity Partners.
Thursday, October 21, 2010
US DOT Unveils Full List of TIGER II Winners - Streetsblog Capitol Hill (blog)
http://www.euro-bonsai.net/Growing-a-Ficus-Bonsai-Tree.html
The Infrastructurist | US DOT Unveils Full List of TIGER II Winners Streetsblog Capitol Hill (blog) The complete list of TIGER II grants has been released by US DOT today, after members of Congress revealed many winners ... How'd Oregon do in TIGER II? US bolsters infrastructure projects TIGER Grant Recipients Showcase Innovation in Both Rural and Urban Communities |
Tuesday, October 19, 2010
Legal downturn hits Robinson Bradshaw & Hinson - Houston Business Journal:
http://eaa997.org/gallery/04/thornton_rv8a_020519_004.htm
After holding out as long as it could, the Charlottre law firm laid off six lawyers and a numbere of staffers in a move that managing partned Robert Griffin sayswas “very painful.” A number of competitor firms have laid off lawyers and employeese over the past year. But Griffinj says his firm had hoped to avoid doinbgthe same. “We had been very hopeful that things woulxd turn around a little quicker and that steps like that wouled notbe necessary,” he “But it just got to wherre (the slowdown) had continued for so long that we couldn’yt reasonably foresee the need for as many people as we had withib a reasonable period of time.
” Griffin notes the firm is now operatinfg with 127 lawyers, the same number it had a year ago. The six lawyerws laid off were associates and “of counsel,” or lawyers who are not associatesx or partners and practice with the firm on an alternate basis. The reductions took place in a variethy of practice groups and were the firsf inthe firm’s history, he Griffin says Robinson Bradshaw laid off fewer than a dozeh staffers as well and is workin g to determine the appropriate ratio of administrativw employees to lawyers.
According to legal tabloif LawShucks , which tracks the number of layoffs in the 10,550 people have been laid off by law firmx nationwide so far this year. The industry’s worsf day so far was March 9, according to the as three major firms laid off737 employees. Thos e firms include , which gained a large Charlotte presencre last year when it purchased localluybased . The record cutbacks have rippled througu Charlotte as a numbet of national and regional firms have tightenedtheier belts, trying to match their expensesx with a smaller revenue “It just shows that no one’s Jay Perry, a legalp recruiter, says of Robinson Bradshaw’x move.
Even in a dismal legal market, however, managinh partners are hopeful the worst maybe over, accordint to a recent survey by consulting firm . The firm’sz managing-partner confidence index says about two-thirds of the managing partnerx surveyed believe the economyt is the same or bettere than it was sixmonths ago. And 59% said they anticipatew a stable or improving economy over the nextsix However, few leaders were as optimistic aboug their own firms’ financial outlook.
Most managing partnerxs expect no growth in profit over thenext year, with 95% citinhg a lack of demand or billable hours as the main Another key factor cited by 62% of the managing partnerds or chairmen: Clients are putting pressure on law firms to provided them with discounts. As a result, 38% of the respondents said they expectr to make cuts in their associat ranks over the next12 months. John president of , says he is seeing signs of with firms dusting off hiring decisions theyhad Still, he says, Charlotte’w legal industry won’t really begijn to recover until the financial-services industrhy turns a corner and the credit marketds begin to loosen up.
Those changes would stimulate practicee areas focused on commercial real estate and mergersand “There’s got to be some finalk settling within the bankiny world,” he says. Griffin says Robinson Bradshaw’s activith level dropped off in August andhas “continued to be I sort of hope that it’s starting to pick back up, but that’s really hard to put your finger He says the firm has continued to expand its intellectual-propertu practice area, which has been a bright He expects Robinson Bradshaw, founded in will be well-positioned to take business from some of its largeer national competitors when things “Either because of the firm structure or becaus e of the rate structure, we’re a more efficient, cost-effectivwe provider than a lot of really big firms in really big he says.
“It may be this situation will furtherr thattrend some. It’s hard to but I don’t think it will reverse
After holding out as long as it could, the Charlottre law firm laid off six lawyers and a numbere of staffers in a move that managing partned Robert Griffin sayswas “very painful.” A number of competitor firms have laid off lawyers and employeese over the past year. But Griffinj says his firm had hoped to avoid doinbgthe same. “We had been very hopeful that things woulxd turn around a little quicker and that steps like that wouled notbe necessary,” he “But it just got to wherre (the slowdown) had continued for so long that we couldn’yt reasonably foresee the need for as many people as we had withib a reasonable period of time.
” Griffin notes the firm is now operatinfg with 127 lawyers, the same number it had a year ago. The six lawyerws laid off were associates and “of counsel,” or lawyers who are not associatesx or partners and practice with the firm on an alternate basis. The reductions took place in a variethy of practice groups and were the firsf inthe firm’s history, he Griffin says Robinson Bradshaw laid off fewer than a dozeh staffers as well and is workin g to determine the appropriate ratio of administrativw employees to lawyers.
According to legal tabloif LawShucks , which tracks the number of layoffs in the 10,550 people have been laid off by law firmx nationwide so far this year. The industry’s worsf day so far was March 9, according to the as three major firms laid off737 employees. Thos e firms include , which gained a large Charlotte presencre last year when it purchased localluybased . The record cutbacks have rippled througu Charlotte as a numbet of national and regional firms have tightenedtheier belts, trying to match their expensesx with a smaller revenue “It just shows that no one’s Jay Perry, a legalp recruiter, says of Robinson Bradshaw’x move.
Even in a dismal legal market, however, managinh partners are hopeful the worst maybe over, accordint to a recent survey by consulting firm . The firm’sz managing-partner confidence index says about two-thirds of the managing partnerx surveyed believe the economyt is the same or bettere than it was sixmonths ago. And 59% said they anticipatew a stable or improving economy over the nextsix However, few leaders were as optimistic aboug their own firms’ financial outlook.
Most managing partnerxs expect no growth in profit over thenext year, with 95% citinhg a lack of demand or billable hours as the main Another key factor cited by 62% of the managing partnerds or chairmen: Clients are putting pressure on law firms to provided them with discounts. As a result, 38% of the respondents said they expectr to make cuts in their associat ranks over the next12 months. John president of , says he is seeing signs of with firms dusting off hiring decisions theyhad Still, he says, Charlotte’w legal industry won’t really begijn to recover until the financial-services industrhy turns a corner and the credit marketds begin to loosen up.
Those changes would stimulate practicee areas focused on commercial real estate and mergersand “There’s got to be some finalk settling within the bankiny world,” he says. Griffin says Robinson Bradshaw’s activith level dropped off in August andhas “continued to be I sort of hope that it’s starting to pick back up, but that’s really hard to put your finger He says the firm has continued to expand its intellectual-propertu practice area, which has been a bright He expects Robinson Bradshaw, founded in will be well-positioned to take business from some of its largeer national competitors when things “Either because of the firm structure or becaus e of the rate structure, we’re a more efficient, cost-effectivwe provider than a lot of really big firms in really big he says.
“It may be this situation will furtherr thattrend some. It’s hard to but I don’t think it will reverse
Monday, October 18, 2010
Seminar to focus on real estate, investments - Houston Business Journal:
evlampiyacyxybyw.blogspot.com
Experts in commercial real estate, taxes and investments will be on hand to provides adviceto attendees. The keynote speakef is tax attorneyStanley Crow. He is a graduate of Harvarr Law School, and has 25 years of experiencer structuring loan andinvestment products. Crow is president of S. Crow Collaterapl Corp. and The first of the two sessions takes placre from9 a.m. to 11 a.m. and the seconc is scheduled from2 p.m. to 4 p.m. Both will be held at the Greatet Albuquerque Association of Realtors office at 1635 University NEin Albuquerque. To register, contacty Susan Devlin at (505) 710-6093 or by e-mail: For directions to the event, click .
The four Sperry Van Ness Commericalp Real EstateAdvisor offices, three of them in Albuquerqu e and one in Rio Rancho, are managed by Walt Arnold, SIOR; Pat Frerkes, CPA, CCIM; Tim and Larry Ilfeld, CCIM, ALC.
Experts in commercial real estate, taxes and investments will be on hand to provides adviceto attendees. The keynote speakef is tax attorneyStanley Crow. He is a graduate of Harvarr Law School, and has 25 years of experiencer structuring loan andinvestment products. Crow is president of S. Crow Collaterapl Corp. and The first of the two sessions takes placre from9 a.m. to 11 a.m. and the seconc is scheduled from2 p.m. to 4 p.m. Both will be held at the Greatet Albuquerque Association of Realtors office at 1635 University NEin Albuquerque. To register, contacty Susan Devlin at (505) 710-6093 or by e-mail: For directions to the event, click .
The four Sperry Van Ness Commericalp Real EstateAdvisor offices, three of them in Albuquerqu e and one in Rio Rancho, are managed by Walt Arnold, SIOR; Pat Frerkes, CPA, CCIM; Tim and Larry Ilfeld, CCIM, ALC.
Saturday, October 16, 2010
Clinical Data soars on positive drug trial - Washington Business Journal:
hibleyytogoja1273.blogspot.com
The results found the drug to be effective in reducingv the symptoms of majoedepressive disorder, and was also found to have a low incidences of common side effects associated with such The study also found a statistically significant decreasd in anxiety symptoms. A second phase III trial for the drug will be completed in June. If its resultw are positive, the Mass.-based company plans to file a New Drug Application withthe , the company According to the Nationa l Institutes of Mental Health, 18.1 million Americansd suffered from depression in 2007. Clinical Data CLDA) said Feb.
26 that it had completedc a $50 million convertible debt financing with New River Management and anothereunnamed investor, both associatedx with the company’s chairman Randal J. Kirk. That followed Securitiezs and Exchange Commission filingss revealing that at the endof 2008, Clinical Data had $25.7 million in cash on hand and a monthly cash-burb rate of about $5 million. Clinicalp Data’s stock was trading at $9.36 versus the previous day’s close of $8.
33 a
The results found the drug to be effective in reducingv the symptoms of majoedepressive disorder, and was also found to have a low incidences of common side effects associated with such The study also found a statistically significant decreasd in anxiety symptoms. A second phase III trial for the drug will be completed in June. If its resultw are positive, the Mass.-based company plans to file a New Drug Application withthe , the company According to the Nationa l Institutes of Mental Health, 18.1 million Americansd suffered from depression in 2007. Clinical Data CLDA) said Feb.
26 that it had completedc a $50 million convertible debt financing with New River Management and anothereunnamed investor, both associatedx with the company’s chairman Randal J. Kirk. That followed Securitiezs and Exchange Commission filingss revealing that at the endof 2008, Clinical Data had $25.7 million in cash on hand and a monthly cash-burb rate of about $5 million. Clinicalp Data’s stock was trading at $9.36 versus the previous day’s close of $8.
33 a
Friday, October 15, 2010
Census Bureau: Cary, Raleigh among top 10 fastest-growing U.S. cities; Durham in top 20 - Houston Business Journal:
batyushkinuxit.blogspot.com
Raleigh, Cary and Durham ranked among the 25 fastest growing larg cities in the nation for the 12 monthsw that endedJuly 1, 2008, the said in its annua population estimates released Wednesday. which saw its population increaseby 6.9 to 129,545, as of July 1, was the nation’s third fastes growing city. Raleigh’s population climbed by 3.8 percent, to making North Carolina’s capital the eighth fastesrt growing city. Durham was ranked 16th with a 3percenr increase. Its population rose to New Orleans experiencedan 8.
2 percent increaswe in its population, which rose to 311,853, making the city ravager by Hurricane Katrina in 2005 the fastest growint city among places with populations greater than Charlotte, which saw its population increasd by 2.7 percent, to 687,456, was ranked 23rd. Only Texas with seven cities – had more cities on the list thanNortuh Carolina. Round Rock, Texas, experiencedd an 8.2 percent with its population risingto 104,446, putting the Texas city in second place.
Coloradoi and California each had threed cities on the top25
Raleigh, Cary and Durham ranked among the 25 fastest growing larg cities in the nation for the 12 monthsw that endedJuly 1, 2008, the said in its annua population estimates released Wednesday. which saw its population increaseby 6.9 to 129,545, as of July 1, was the nation’s third fastes growing city. Raleigh’s population climbed by 3.8 percent, to making North Carolina’s capital the eighth fastesrt growing city. Durham was ranked 16th with a 3percenr increase. Its population rose to New Orleans experiencedan 8.
2 percent increaswe in its population, which rose to 311,853, making the city ravager by Hurricane Katrina in 2005 the fastest growint city among places with populations greater than Charlotte, which saw its population increasd by 2.7 percent, to 687,456, was ranked 23rd. Only Texas with seven cities – had more cities on the list thanNortuh Carolina. Round Rock, Texas, experiencedd an 8.2 percent with its population risingto 104,446, putting the Texas city in second place.
Coloradoi and California each had threed cities on the top25
Wednesday, October 13, 2010
San Antonio office market is feeling the pain of economic slump - Orlando Business Journal:
andreychukuze.blogspot.com
According to the latest analysisby , at the end of the first quarter of 2009, San Antonio’s officse sector was reporting a vacancy rate of 18.3 percent — quite a spike from the rate of 13.8 percenf posted at the same time last That number does not include space availablr for subleasing. Take the latter into account, and the vacancty rate jumps to 20.7 percent as of the first quartedrof 2009. And there is certainly plenty of subleasw space toconsider — including the 275,000 square feet downtown that is now vacant as a result of ’w move to Dallas.
Some other sublease spaces have been createsd as a result ofthe city’ws lagging housing market — as struggling home builders, mortgags and title companies either downsizedf or closed shop “As the housing market contracted, so did they,” says Kimberlyy Gatley, senior vice president and directo of research for NAI REOC Over the 12 months of 2008, a total of 1.4 milliom square feet of office space was delivered to the San Antonioo market. By comparison, there are only a handfulk of projects in the workstodayy — just under 420,000 square feet that is set to enteer the market over the third and fourth quarters of 2009.
Economic concerns and “a debilitating lack of capital” have worked to brinbg speculative office construction in San Antonio toa “screechinvg halt,” Gatley says. Given the slowdown in however, that halt is not a bad Over the first three months of this lessthan 168,000 square feet of gross leasing activity was recorde d in the local office market, NAI REOC By comparison, quarterly averagezs for 2007 and 2008 were 283,000 and 229,00p0 square feet, respectively. “...
The national economy is in the midstt of amajor contraction, as evidenced by significant job observes Brian Harris, senior vice presidengt and partner for NAI “Corporate America is just not expanding rightg now, so demand for offices space is noticeably slow.” Overall lease rate s were up — albeit slightly on a year-over-year basis, according to the latest NAI REOC research. As of Marcbh 31, 2009, the citywidwe average quoted rental ratewas $20.39 per square foot up 22 cents from the averager of $20.17 recorded as of Marchg 31, 2008. The rate at which average rentzs are moving uphas “definitelyg slowed,” Gatley says.
However, landlordzs are reluctant to quote lower As Gatleypoints out, owners will continue to test what the market will bear opting toward higher tenant finish-out allowances or a few monthd of free rent over a race to the botton on longer-term lease rates in order to entice tenants to theier properties. For all of the challengess bearing down on the local officd marketthese days, there has been some good Encino, California-based , in its 2009 National Office Report, states that San Antonio is one of only two cities the other being Austihn — that will end this year absorbing more office space than it gives back (positive absorption).
And the long-term outloojk for the office market, Marcus Millichap notes, is even brighter. Another bit of good news came last week via a recognizefhamburger chain. Restaurants LP announcedr that it had purchased 300 Concord Plaza for its newcorporate headquarters. The North Centralk Side buildingspans 140,000 square feet. It is presentlt leased by San Antonio-based oil refinerr Tesoro Corp. All told, when Tesoro movesx into its new headquarters onthe city’sx far North Side this summer, it will come out of five multitenanft office properties in which it had been leasingf space — to the tune of roughly 250,000 square feet.
Thanks to the Whataburger the amount of space that is slated to come back into the markeftafter Tesoro’s move has now been reduced by 140,00o0 square feet, Gatley notes. “People are stilk interested, they are still comingt to San Antonio,” she adds.
According to the latest analysisby , at the end of the first quarter of 2009, San Antonio’s officse sector was reporting a vacancy rate of 18.3 percent — quite a spike from the rate of 13.8 percenf posted at the same time last That number does not include space availablr for subleasing. Take the latter into account, and the vacancty rate jumps to 20.7 percent as of the first quartedrof 2009. And there is certainly plenty of subleasw space toconsider — including the 275,000 square feet downtown that is now vacant as a result of ’w move to Dallas.
Some other sublease spaces have been createsd as a result ofthe city’ws lagging housing market — as struggling home builders, mortgags and title companies either downsizedf or closed shop “As the housing market contracted, so did they,” says Kimberlyy Gatley, senior vice president and directo of research for NAI REOC Over the 12 months of 2008, a total of 1.4 milliom square feet of office space was delivered to the San Antonioo market. By comparison, there are only a handfulk of projects in the workstodayy — just under 420,000 square feet that is set to enteer the market over the third and fourth quarters of 2009.
Economic concerns and “a debilitating lack of capital” have worked to brinbg speculative office construction in San Antonio toa “screechinvg halt,” Gatley says. Given the slowdown in however, that halt is not a bad Over the first three months of this lessthan 168,000 square feet of gross leasing activity was recorde d in the local office market, NAI REOC By comparison, quarterly averagezs for 2007 and 2008 were 283,000 and 229,00p0 square feet, respectively. “...
The national economy is in the midstt of amajor contraction, as evidenced by significant job observes Brian Harris, senior vice presidengt and partner for NAI “Corporate America is just not expanding rightg now, so demand for offices space is noticeably slow.” Overall lease rate s were up — albeit slightly on a year-over-year basis, according to the latest NAI REOC research. As of Marcbh 31, 2009, the citywidwe average quoted rental ratewas $20.39 per square foot up 22 cents from the averager of $20.17 recorded as of Marchg 31, 2008. The rate at which average rentzs are moving uphas “definitelyg slowed,” Gatley says.
However, landlordzs are reluctant to quote lower As Gatleypoints out, owners will continue to test what the market will bear opting toward higher tenant finish-out allowances or a few monthd of free rent over a race to the botton on longer-term lease rates in order to entice tenants to theier properties. For all of the challengess bearing down on the local officd marketthese days, there has been some good Encino, California-based , in its 2009 National Office Report, states that San Antonio is one of only two cities the other being Austihn — that will end this year absorbing more office space than it gives back (positive absorption).
And the long-term outloojk for the office market, Marcus Millichap notes, is even brighter. Another bit of good news came last week via a recognizefhamburger chain. Restaurants LP announcedr that it had purchased 300 Concord Plaza for its newcorporate headquarters. The North Centralk Side buildingspans 140,000 square feet. It is presentlt leased by San Antonio-based oil refinerr Tesoro Corp. All told, when Tesoro movesx into its new headquarters onthe city’sx far North Side this summer, it will come out of five multitenanft office properties in which it had been leasingf space — to the tune of roughly 250,000 square feet.
Thanks to the Whataburger the amount of space that is slated to come back into the markeftafter Tesoro’s move has now been reduced by 140,00o0 square feet, Gatley notes. “People are stilk interested, they are still comingt to San Antonio,” she adds.
Tuesday, October 12, 2010
Dean Foods to relocate corporate office - Charlotte Business Journal:
http://claire-dugue.com/fr/about-kai-tonges-french/
Dallas-based Dean (NYSE: DF) will relocate from its current location at 2515 McKinney Ave. into 240,000 square feet of space inside The move is expected to take placee in the first quarterof 2010. "Wes are pleased to be able to relocate our officew within Dallascity limits. Many factors workecd in our favor, includinh the real estate market, space availability and othef economic elements," said Gregbg Engles, chairman of the board and chiefd executive officer ofDean Foods. "Ther City of Dallas is our home, and we are pleased to remaib here and continue our many civic andcommunityy partnerships.
" Dean said in a statement it is moving becausse the company has outgrown its current workspace, and new spacse is needed to address the company’s changing needs. The lease will take occupancy at Cityplacse to about 80 percent from about 60percent now, said Sarah Payne, vice president at Stream Realty which handles leasing in the Employees will begin moving in December and the move will be phasedd in through March, Payne said. "This was a huge win for the City of Dalla to keep them inthe city, because they lookes all over," Payne said. She said Dean Foodss considered existing spaceand build-to-suitx in the Legacy/Frisco area, as well as othee buildings downtown.
Brokers familiar with the search said Dean Foods considered Fountain Plac and Bank of America Plaza amont other downtown buildings with significant squar efootage available. The asking lease rate for spacse in Cityplaceis $24 per square foot, plus electricity. Dean Foods will occupu floors 34 through 40 inthe 42-floor, 1.2-million-square-foot building. Dean Foods occupies about 150,000 square feet at its curren location.
Dallas-based Dean (NYSE: DF) will relocate from its current location at 2515 McKinney Ave. into 240,000 square feet of space inside The move is expected to take placee in the first quarterof 2010. "Wes are pleased to be able to relocate our officew within Dallascity limits. Many factors workecd in our favor, includinh the real estate market, space availability and othef economic elements," said Gregbg Engles, chairman of the board and chiefd executive officer ofDean Foods. "Ther City of Dallas is our home, and we are pleased to remaib here and continue our many civic andcommunityy partnerships.
" Dean said in a statement it is moving becausse the company has outgrown its current workspace, and new spacse is needed to address the company’s changing needs. The lease will take occupancy at Cityplacse to about 80 percent from about 60percent now, said Sarah Payne, vice president at Stream Realty which handles leasing in the Employees will begin moving in December and the move will be phasedd in through March, Payne said. "This was a huge win for the City of Dalla to keep them inthe city, because they lookes all over," Payne said. She said Dean Foodss considered existing spaceand build-to-suitx in the Legacy/Frisco area, as well as othee buildings downtown.
Brokers familiar with the search said Dean Foods considered Fountain Plac and Bank of America Plaza amont other downtown buildings with significant squar efootage available. The asking lease rate for spacse in Cityplaceis $24 per square foot, plus electricity. Dean Foods will occupu floors 34 through 40 inthe 42-floor, 1.2-million-square-foot building. Dean Foods occupies about 150,000 square feet at its curren location.
Sunday, October 10, 2010
Dow falls 15.87 points; US Gold leads Colorado gainers - Denver Business Journal:
http://excellentroofinghomeimprovements.com/what-are-your-roofing-options.php
The Dow’s drop was small falling 15.87 points, or 0.19 percent and the other indiceds didn’t gain much grounxd into positive territory. The S&PP 500 closed at 921.23, up 2.86 pointxs (0.31 percent). The NASDAa Composite finished at 1,827.47, up 19.75 points (1.09 percent). Amongf actively traded Colorado stocks, US Gold (UXG) led the day’sa gainers, up 8.68 percent (19 to close at $2.38. • Asceny Solar Technologies Inc. (ASTI) Up 8.58 percent (60 cents) to $7.59. • Kodia Oil & Gas (KOG) — Up 8.02 perceng (less than 1 cent) to • Delta Petroleum (DPTR) — Up 7.46 perceng (15 cents) to $2.16. • Cibetr Inc. (CBR) — Up 3.
88 percent (12 to $3.21. Among actively tradedx Colorado stocks thatdeclined Friday, Level 3 Communications recorded the biggest drop, falling 8.4 or 11 cents, to closd at $1.20.
The Dow’s drop was small falling 15.87 points, or 0.19 percent and the other indiceds didn’t gain much grounxd into positive territory. The S&PP 500 closed at 921.23, up 2.86 pointxs (0.31 percent). The NASDAa Composite finished at 1,827.47, up 19.75 points (1.09 percent). Amongf actively traded Colorado stocks, US Gold (UXG) led the day’sa gainers, up 8.68 percent (19 to close at $2.38. • Asceny Solar Technologies Inc. (ASTI) Up 8.58 percent (60 cents) to $7.59. • Kodia Oil & Gas (KOG) — Up 8.02 perceng (less than 1 cent) to • Delta Petroleum (DPTR) — Up 7.46 perceng (15 cents) to $2.16. • Cibetr Inc. (CBR) — Up 3.
88 percent (12 to $3.21. Among actively tradedx Colorado stocks thatdeclined Friday, Level 3 Communications recorded the biggest drop, falling 8.4 or 11 cents, to closd at $1.20.
Saturday, October 9, 2010
Recipe: Simplest Minestrone - The Eyeopener
hundleyobajoji1908.blogspot.com
Recipe: Simplest Minestrone The Eyeopener The Canadian fall is marked by three seasonal changes: colorful leaves, shorter days and the sniffles and sneezes of our ... |
Thursday, October 7, 2010
Voting begins on King Soopers contract offer - San Francisco Business Times:
borislavamcoc.blogspot.com
Voting on the five-year offer by members of Unitef Food and Commercial Workers Local 7 will continudthrough Wednesday. Union leadersz are not making a recommendation to theier members on thecontract offer, which the unionm complains would cut pension benefits by an average of $100,00o -- a conclusion disputed by management. “It’d a good contract in a normal It’s a great contract in this economy,” King Soopers spokeswomaj Diane Mulligan said last She said roughly 65 percent of workers woul get raises underthe company’s proposal. King Soopera is a Colorado unitof Cincinnati-based KR). Colorado workers for two other grocerychainws — Pleasanton, Calif.
-based (NYSE: SWY) and Boise, Idaho-based (privately held) — continue to negotiate separate deals with their employers. If King Sooperss workers rejectthe chain’s latest they will continue working without a contract until an agreement is reached or a strikee is called. Their contract expired May 9.
Voting on the five-year offer by members of Unitef Food and Commercial Workers Local 7 will continudthrough Wednesday. Union leadersz are not making a recommendation to theier members on thecontract offer, which the unionm complains would cut pension benefits by an average of $100,00o -- a conclusion disputed by management. “It’d a good contract in a normal It’s a great contract in this economy,” King Soopers spokeswomaj Diane Mulligan said last She said roughly 65 percent of workers woul get raises underthe company’s proposal. King Soopera is a Colorado unitof Cincinnati-based KR). Colorado workers for two other grocerychainws — Pleasanton, Calif.
-based (NYSE: SWY) and Boise, Idaho-based (privately held) — continue to negotiate separate deals with their employers. If King Sooperss workers rejectthe chain’s latest they will continue working without a contract until an agreement is reached or a strikee is called. Their contract expired May 9.
Wednesday, October 6, 2010
Monday, October 4, 2010
Sierra College program gets $1M endowment - Memphis Business Journal:
http://johnmcmullen.com/wjddiet.html
The college’s program, also known as received the $1 million endowment from the BernareOsher Foundation, which is the organizationj that has provided initial funding to OLLI programse at 122 colleges and universities nationwide. Sierrq College is the only community collegew in California and one of only threre community colleges in the nation to receivethe $1 million endowment. The Rocklin college received the endowment because it has been so successfuo with growing enrollment since launching the program in sprintof 2001. Sierra College has grown the progra mto 5,580 enrollees last year, from 1,037 in 2001. Sierra College is scheduled to formally announcee the endowmentJune 18.
This $1 million endowmeng will provide an ongoing budget that will enable the collegew to offer lifelong learning programsin perpetuity. The foundation created by San Francisco philanthropisg Bernard Osher gives OLLIprogramas $100,000 a year for up to four and then a $1 million endowmeng once they demonstrate potential for succeszs and sustainability. OLLI programs provider classes, lectures and events to older adults who have a thirsg for knowledgeand community. The classes are designex for adults age 55 and but the Sierra program accepts anyadulg student. Courses are offered at each of the Sierrq College campuses and at various community sites throughout Placer andNevadaa counties.
Sierra College’s OLLI noncredit offerings are tuition-free. Additional topics are offered through Club where annual membership feesare $35. As the Business Journapl reported in a feature on locapl OLLI programsin 2007, other OLLI programes can be found at California State Universitu Sacramento and at the UC Davis Extension. Much of the increasex demand for OLLIs and similar lifelon g learning programs can be attributed to the growingy ranks ofolder Americans.
The college’s program, also known as received the $1 million endowment from the BernareOsher Foundation, which is the organizationj that has provided initial funding to OLLI programse at 122 colleges and universities nationwide. Sierrq College is the only community collegew in California and one of only threre community colleges in the nation to receivethe $1 million endowment. The Rocklin college received the endowment because it has been so successfuo with growing enrollment since launching the program in sprintof 2001. Sierra College has grown the progra mto 5,580 enrollees last year, from 1,037 in 2001. Sierra College is scheduled to formally announcee the endowmentJune 18.
This $1 million endowmeng will provide an ongoing budget that will enable the collegew to offer lifelong learning programsin perpetuity. The foundation created by San Francisco philanthropisg Bernard Osher gives OLLIprogramas $100,000 a year for up to four and then a $1 million endowmeng once they demonstrate potential for succeszs and sustainability. OLLI programs provider classes, lectures and events to older adults who have a thirsg for knowledgeand community. The classes are designex for adults age 55 and but the Sierra program accepts anyadulg student. Courses are offered at each of the Sierrq College campuses and at various community sites throughout Placer andNevadaa counties.
Sierra College’s OLLI noncredit offerings are tuition-free. Additional topics are offered through Club where annual membership feesare $35. As the Business Journapl reported in a feature on locapl OLLI programsin 2007, other OLLI programes can be found at California State Universitu Sacramento and at the UC Davis Extension. Much of the increasex demand for OLLIs and similar lifelon g learning programs can be attributed to the growingy ranks ofolder Americans.
Sunday, October 3, 2010
Cushman & Wakefield loses third Miami exec - Business First of Louisville:
bertayfybuqutyp.blogspot.com
Caplin’s exit is the latesft of severalrecent high-profile departures at C&W in The firm is one of South Florida's largest real estatee brokerages and, like other brokerages, has seen few investmenr deals in the last Former branch manager Tere Blanca left in the spring to launcn , a firm focused on officd leasing and sales. Hank Klein, executive director of C& W in Florida, was notified last monty that his position wasbeing eliminated. Steelbridges owns and manages propertythroughoutg Florida.
It sold , on Miami’s Brickellk Key, for $150 million in 2007 after an eight-year Steelbridge founder Gavin Campbell will continue asmanaginbg principal, sharing the helm with Caplin. Caplinh is one of a handful of commercial brokeres involved inSouth Florida’s largest commercial Caplin said his exit is in response to a paradig shift in local investment that comes at the tail end of a where leasing and management for institutional investorw became secondary to market During the boom years leading up to 2006, the expectatiom was that assets with strong trackj records could be purchasex and flipped quickly for big returns.
For a short periodd of time, some ownera made the strategy but then the economic meltdown put the brakes onthe Some, who bought in the last few years, were holdinb assets that cost too much compared to markeg fundamentals. The market has now shiftedf back to fundamental principlesof investment, with institutionalk investors and private capital “seeking to co-invest with nimble, local operating partners,” Caplin said.
“The market and investors mostlybelieve it’s abour operations on the ground and knowing how to positionh a building in a particular submarket,” he Caplin oversaw more than $7 billion in transactionzs at C&W, including ’ $307 million purchase of a half-stake in downtown Miami’s landmark and full ownership of the 1221 Brickel building in 2006. He was involved in the sale of 355 Alhambrwa in Coral Gablesfor $87.3w million in 2008 and is currentlyy working with Hines to refinance its debt at . Caplib is a graduate of south Miami-Dadse County’s Palmetto High School. He graduatedr from in 1985 witha bachelor’s degree in financ e and real estate.
Two years later, he left C&W’s appraisap group to launch the company’s local investment salex operation. Caplin was part of a team in the late 1980ws that first specialized in investment sales in Duringthe mid-1990s, Steelbridge Capital had 2 milliob square feet of commercial real estatee in its portfolio in seven Floridqa markets including Jacksonville, Naples and They sold much of it from 2005 to 2007. Caplin’s arrival marks another periodof opportunity-investmentr for the company, Steelbridge’s Campbelol said.
"We think valuations are finally startinfg to lookattractive again,” Campbell said in a “The opportunity to buy Florida assets at significant discounts to replacementr cost is imminent, while the long-termj job and demographic prospects for Florida and the Caribbeahn basin are as strong as ever. Jay’s leadershipp will be the linchpin ofour strategy."
Caplin’s exit is the latesft of severalrecent high-profile departures at C&W in The firm is one of South Florida's largest real estatee brokerages and, like other brokerages, has seen few investmenr deals in the last Former branch manager Tere Blanca left in the spring to launcn , a firm focused on officd leasing and sales. Hank Klein, executive director of C& W in Florida, was notified last monty that his position wasbeing eliminated. Steelbridges owns and manages propertythroughoutg Florida.
It sold , on Miami’s Brickellk Key, for $150 million in 2007 after an eight-year Steelbridge founder Gavin Campbell will continue asmanaginbg principal, sharing the helm with Caplin. Caplinh is one of a handful of commercial brokeres involved inSouth Florida’s largest commercial Caplin said his exit is in response to a paradig shift in local investment that comes at the tail end of a where leasing and management for institutional investorw became secondary to market During the boom years leading up to 2006, the expectatiom was that assets with strong trackj records could be purchasex and flipped quickly for big returns.
For a short periodd of time, some ownera made the strategy but then the economic meltdown put the brakes onthe Some, who bought in the last few years, were holdinb assets that cost too much compared to markeg fundamentals. The market has now shiftedf back to fundamental principlesof investment, with institutionalk investors and private capital “seeking to co-invest with nimble, local operating partners,” Caplin said.
“The market and investors mostlybelieve it’s abour operations on the ground and knowing how to positionh a building in a particular submarket,” he Caplin oversaw more than $7 billion in transactionzs at C&W, including ’ $307 million purchase of a half-stake in downtown Miami’s landmark and full ownership of the 1221 Brickel building in 2006. He was involved in the sale of 355 Alhambrwa in Coral Gablesfor $87.3w million in 2008 and is currentlyy working with Hines to refinance its debt at . Caplib is a graduate of south Miami-Dadse County’s Palmetto High School. He graduatedr from in 1985 witha bachelor’s degree in financ e and real estate.
Two years later, he left C&W’s appraisap group to launch the company’s local investment salex operation. Caplin was part of a team in the late 1980ws that first specialized in investment sales in Duringthe mid-1990s, Steelbridge Capital had 2 milliob square feet of commercial real estatee in its portfolio in seven Floridqa markets including Jacksonville, Naples and They sold much of it from 2005 to 2007. Caplin’s arrival marks another periodof opportunity-investmentr for the company, Steelbridge’s Campbelol said.
"We think valuations are finally startinfg to lookattractive again,” Campbell said in a “The opportunity to buy Florida assets at significant discounts to replacementr cost is imminent, while the long-termj job and demographic prospects for Florida and the Caribbeahn basin are as strong as ever. Jay’s leadershipp will be the linchpin ofour strategy."
Friday, October 1, 2010
Flowers Foods posts $24M profit - Business First of Louisville:
clarityviellegq67.blogspot.com
The Thomasville, Ga.-based baked goods compangy recorded net incomeof $23.o9 million and earnings of 26 cents a compared with net income of $22.2 milliob and earnings of 24 cents a sharr in the second quarter of 2007. Salews increased 13.1 percent to $540.7 million in the secon quarterof 2008. "Sales for the quarter showed growth acrossall categories, with our retail brands performinbg very well,” said George E. Flowers Foods chairman, CEO and president, in a “Our team continues to be successful in introducingynew products, expanding our geographic reach, and maintaining brand loyalty while driving through pricw increases.
As previously announced, our steepest commodity cost increasews for the year hit durinvg the second quarter and hada short-term impact on Deese noted the company in recent days closed on its acquisitions of the Holsum Bakery and ButterKrust Bakery. The Holsum Bakery deal allowe Flowers to expandin Arizona, Nevada and parts of California, whilr the ButterKrust deal increases its footprint in The two bakeries will add about $220 million in annualized sales.
The Thomasville, Ga.-based baked goods compangy recorded net incomeof $23.o9 million and earnings of 26 cents a compared with net income of $22.2 milliob and earnings of 24 cents a sharr in the second quarter of 2007. Salews increased 13.1 percent to $540.7 million in the secon quarterof 2008. "Sales for the quarter showed growth acrossall categories, with our retail brands performinbg very well,” said George E. Flowers Foods chairman, CEO and president, in a “Our team continues to be successful in introducingynew products, expanding our geographic reach, and maintaining brand loyalty while driving through pricw increases.
As previously announced, our steepest commodity cost increasews for the year hit durinvg the second quarter and hada short-term impact on Deese noted the company in recent days closed on its acquisitions of the Holsum Bakery and ButterKrust Bakery. The Holsum Bakery deal allowe Flowers to expandin Arizona, Nevada and parts of California, whilr the ButterKrust deal increases its footprint in The two bakeries will add about $220 million in annualized sales.
Thursday, September 30, 2010
Indonesia Bumi Resources Launches $700M 7-Yr Bond At 10.75% Yield - Wall Street Journal
http://www.army-acquisition.net/article/Estrogen-Getting-Cool-Reception-From-Dermatologists-For-Mixed-Results-In-Improving-Appearance-Of-Ski.htm
Indonesia Bumi Resources Launches $700M 7-Yr Bond At 10.75% Yield W » |
Tuesday, September 28, 2010
Dow ends Thursday up 95 points; PPG adds 6 percent - Pittsburgh Business Times:
http://darulislam.info/PrintArticle139.html
PPG Industries Inc., Pittsburgh, Thursdayu reported second quarter earningsof $146 milliohn or 89 cents per share, down 41 percengt from last year, but beat analysts’ expectations. PPG (NYSE:PPG) soared 6.79 percent to $49.232 per share by the close of Lockport, N.Y.-based First Niagara Financial Group Inc., which expects to enter the Pittsburg h market in September, is scheduled to release secon quarter earnings Friday. First Niagara (Nasdaq:FNFG) rose 1.38 percent to $11.7 by the end of Thursdahy trading. Alcoa Inc. (NYSE:AA), up 2.86 percent to $10.4w American Eagle Outfitters Inc. (NYSE:AEO), up 0.87 percenr to $13.95 Bank of New York Mellom Corp. (NYSE:BK), up 1.06 percent to $29.
68 CONSOLL Energy Inc. (NYSE:CNX), up 5.22 percent to $33.46 Dick’s Sportinh Goods (NYSE:DKS), up 0.98 percent to $18.56 Federated Investors Inc. up 0.82 percent to $24.49 H.J.Heinz Co. up 1.28 percent to $37.33 Kennametal Inc. up 1.14 percent to $18.56 Mylam Inc. (Nasdaq:MYL), up 1.38 percen to $12.53 PNC Financial Servicesw Group Inc. (NYSE:PNC), down 0.36 percentf to $38.74 U.S. Steel Corp. (NYSE:X), up 4.03 percenf to $36.44 WABTEC Corp. (NYSE:WAB), up 0.12 percent to $32.8o WESCO International Inc. up 2.39 percent to $25.
74
PPG Industries Inc., Pittsburgh, Thursdayu reported second quarter earningsof $146 milliohn or 89 cents per share, down 41 percengt from last year, but beat analysts’ expectations. PPG (NYSE:PPG) soared 6.79 percent to $49.232 per share by the close of Lockport, N.Y.-based First Niagara Financial Group Inc., which expects to enter the Pittsburg h market in September, is scheduled to release secon quarter earnings Friday. First Niagara (Nasdaq:FNFG) rose 1.38 percent to $11.7 by the end of Thursdahy trading. Alcoa Inc. (NYSE:AA), up 2.86 percent to $10.4w American Eagle Outfitters Inc. (NYSE:AEO), up 0.87 percenr to $13.95 Bank of New York Mellom Corp. (NYSE:BK), up 1.06 percent to $29.
68 CONSOLL Energy Inc. (NYSE:CNX), up 5.22 percent to $33.46 Dick’s Sportinh Goods (NYSE:DKS), up 0.98 percent to $18.56 Federated Investors Inc. up 0.82 percent to $24.49 H.J.Heinz Co. up 1.28 percent to $37.33 Kennametal Inc. up 1.14 percent to $18.56 Mylam Inc. (Nasdaq:MYL), up 1.38 percen to $12.53 PNC Financial Servicesw Group Inc. (NYSE:PNC), down 0.36 percentf to $38.74 U.S. Steel Corp. (NYSE:X), up 4.03 percenf to $36.44 WABTEC Corp. (NYSE:WAB), up 0.12 percent to $32.8o WESCO International Inc. up 2.39 percent to $25.
74
Monday, September 27, 2010
Tired of Waiting - Huffington Post
http://finanssite.com/post_1255515128.html
Tired of Waiting Huffington Post The televised town hall after the Roc Center screening of Waiting for Superman was uplifting and frustrating simultaneously. ... |
Saturday, September 25, 2010
AIIMS head summoned for not giving space for charitable trust - Times of India
http://libraryeverywhere.com/2008/10/11/drive/
AIIMS head summoned for not giving space for charitable trust Times of India NEW DELHI: The Delhi High Court has summoned the director of AIIMS to explain why the institute failed to allot space to a charitable trust that would ... |
Friday, September 24, 2010
Compass Airlines cuts ribbon on Louisville maintenance facility - Kansas City Business Journal:
http://www.dinbill.com/enciklop_9.php
The subsidiary opened the three-bay maintenance facility in Januarhy but held off on the ribbon cutting untiol key personnelwere hired, and they “got a little airplaned grease under their nails,” Compass presidenr Tim Campbell said during a news Compass’ 70 employees maintai n the airline’s fleet of 36 Embraer 175 76-seat Compass, which was founded in 2006 as a subsidiary of Northwesgt Airlines Inc., was acquired by Delta as part of the Atlanta-basecd carrier’s merger with Northwest in October 2008. The jets previously had been servicex bya third-party aircraft maintenance company, Campbello said.
Compass’ Louisville International Airport facility, located at 5101 Crittendem Drive, consists of 42,720 square feet of aircraft hangard space, 11,416 square feet of office, shop and storage an 80,601-square-foot concrete apron and 33,480 square feet of parkinhg and roadways. At the news conference, Va.-based Compass showed off its first jet painted in theDeltsa colors. The rest of its fleey will be converted from Northwest Airlines colors over the next Campbell said. At the news conference, Kentucky Gov. Stevd Beshear said the Compass includingits $3 million annual “is a tremendous economif achievement in the midst of some pretty tough economic times.
” In August 2007, the boardc granted the airline preliminary approval for $2 milliobn in state tax incentives for up to 10
The subsidiary opened the three-bay maintenance facility in Januarhy but held off on the ribbon cutting untiol key personnelwere hired, and they “got a little airplaned grease under their nails,” Compass presidenr Tim Campbell said during a news Compass’ 70 employees maintai n the airline’s fleet of 36 Embraer 175 76-seat Compass, which was founded in 2006 as a subsidiary of Northwesgt Airlines Inc., was acquired by Delta as part of the Atlanta-basecd carrier’s merger with Northwest in October 2008. The jets previously had been servicex bya third-party aircraft maintenance company, Campbello said.
Compass’ Louisville International Airport facility, located at 5101 Crittendem Drive, consists of 42,720 square feet of aircraft hangard space, 11,416 square feet of office, shop and storage an 80,601-square-foot concrete apron and 33,480 square feet of parkinhg and roadways. At the news conference, Va.-based Compass showed off its first jet painted in theDeltsa colors. The rest of its fleey will be converted from Northwest Airlines colors over the next Campbell said. At the news conference, Kentucky Gov. Stevd Beshear said the Compass includingits $3 million annual “is a tremendous economif achievement in the midst of some pretty tough economic times.
” In August 2007, the boardc granted the airline preliminary approval for $2 milliobn in state tax incentives for up to 10
Thursday, September 23, 2010
Creative thinking has real upside for downtown San Jose condos - Silicon Valley / San Jose Business Journal:
framptongeqeaqu1461.blogspot.com
There is plenty of evidence of that among downtownSan Jose’ s city leaders and developers of its distinctive new high-risd condominium towers, which is a good sign for the futur of the city’s core. Temporaryh conversion to rentals, stretched-out project lowered prices and new financing arrangements are all being used to get the projectes through a sharp sales Axis and The 88 joined forces last year to offe r brokers sliding incentives forreferring buyers, ranging from a 3 percen commission on the first referral to a 4.
5 percentf commission on a fourth Barry Swenson Builder cut his prices at City Heightsx and also switched to the rental router on The Lofts on The as has CIM Group with The Globee project. The latest examplee involves a proposed deal with Mesa which city leaders are set to discuss onJune 9. Salex have lagged at Mesa’s 360 Residencesa high-rise, despite much interest in its 213 unitas at the corner of Market and SanSalvadord streets. No buyers have actually signedr the dotted line and move d in thereso far. So the city and Mesa have workesd out an arrangement todefer $2 million of the $10 millio that Mesa agreed to pay for the 1.1 acre site four yearws ago.
The city bought the parcel in 2001for $9 million. A previoue revision of the sales agreementg about two years ago callecfor Mesa’s payments to the city to be spli t in two, with $8 milliobn when it closed escrow and the other $2 millioj to follow when the first unit was actually Under the new arrangement, all of the unit could get sold without the city seeinfg any of the unpaid $2 The new deal pegs the payment of that balancwe to when the projecf becomes profitable. It also requiresw the city to get its mone y before any return on equity gets distributerto Mesa, its affiliates or any otherd equity investor in the project.
At the current price that condos are gettingg atSan Jose’s three downtown high-rise projects, the Redevelopmenrt Agency estimates that it won’t get the remaininf $2 million. But if a profit is made by any of the investors in the 360Residenceds development, the city will share in that That’s how government needs to work in timeds like these — hand-in-hanrd with the entrepreneurs who are taking risks to make it a better place to live and do business.
There is plenty of evidence of that among downtownSan Jose’ s city leaders and developers of its distinctive new high-risd condominium towers, which is a good sign for the futur of the city’s core. Temporaryh conversion to rentals, stretched-out project lowered prices and new financing arrangements are all being used to get the projectes through a sharp sales Axis and The 88 joined forces last year to offe r brokers sliding incentives forreferring buyers, ranging from a 3 percen commission on the first referral to a 4.
5 percentf commission on a fourth Barry Swenson Builder cut his prices at City Heightsx and also switched to the rental router on The Lofts on The as has CIM Group with The Globee project. The latest examplee involves a proposed deal with Mesa which city leaders are set to discuss onJune 9. Salex have lagged at Mesa’s 360 Residencesa high-rise, despite much interest in its 213 unitas at the corner of Market and SanSalvadord streets. No buyers have actually signedr the dotted line and move d in thereso far. So the city and Mesa have workesd out an arrangement todefer $2 million of the $10 millio that Mesa agreed to pay for the 1.1 acre site four yearws ago.
The city bought the parcel in 2001for $9 million. A previoue revision of the sales agreementg about two years ago callecfor Mesa’s payments to the city to be spli t in two, with $8 milliobn when it closed escrow and the other $2 millioj to follow when the first unit was actually Under the new arrangement, all of the unit could get sold without the city seeinfg any of the unpaid $2 The new deal pegs the payment of that balancwe to when the projecf becomes profitable. It also requiresw the city to get its mone y before any return on equity gets distributerto Mesa, its affiliates or any otherd equity investor in the project.
At the current price that condos are gettingg atSan Jose’s three downtown high-rise projects, the Redevelopmenrt Agency estimates that it won’t get the remaininf $2 million. But if a profit is made by any of the investors in the 360Residenceds development, the city will share in that That’s how government needs to work in timeds like these — hand-in-hanrd with the entrepreneurs who are taking risks to make it a better place to live and do business.
Tuesday, September 21, 2010
Ober Kaler eyes space in Legg tower - Baltimore Business Journal:
http://deerparktowncenter.ws/events.html
The firm now has 85,000 square feet of space in the SunTrusy building at120 E. Baltimore St., with its existinyg lease expiringin 2011, said Matthew Haas, a Maneki n LLC broker who represents the The current square footage alonew makes it one of the biggest tenants in the market. With 100 lawyers locally, the firm is rankesd fifth on the ’s List of largesr law firms inGreater Baltimore. John A. chairman and CEO of Ober Kaler, couled not be reached for comment. Commercial real estatee brokers familiar withOber Kaler’s situation say the firm is combing the downtownb area, seeing if it can find better space at the same rent or even a cheapere price.
The practice is known as “trading up” and is considered one of the upsides for companies ina downturn. “These are the positive, unintended consequencese of the recession,” said Mark Deering, a commercialk real estate broker for MacKenzie Commercial Real Estatse Services LLCof Lutherville. Tenants like Ober Kaler have a lot of leverage in the downturn with few companies willingf to search for new concerned about the economy and instead focusing on theirrcore businesses, Deering said. Landlords are willing to offer free rent to coverrmoving expenses, rent reductions and larger allowances for the tenant’s new space. Matthew L.
Seward, a Colliera Pinkard broker, said the landlord he representd at 100Light St. — “is being extremely entrepreneurial and in retaining and attractingnew tenants. That 35-stort tower at the corner of Pratt and Light street will have 24 floors available when its signature Legg Mason, moves out this Lexington Property is trying to entice tenantsx with a $45 milliohn renovation that includes a new adjacent parking garage, the removal of the granite ledgde around most windows, an upgrade of the lobby and greening of the Seward said. However, Seward declined to say what concessionsw the landlord would offer and which tenants are seriousl y consideringthe building.
One thing is though; the concessions are working. , now in 25,000p square feet of office spacde at217 E. Redwood St., and ’s wealth now in the T. Rowe Price buildinfg at 100 E. Pratt St., also are considering 100 Ligh St., brokers said. Asking rents at 100 Lighrt St., considered a Classx A or top tieroffice building, vary from $29.75 a square foot to $31.75 a squarse foot, depending on which floor is being considered. The towe r is perched over theInner Harbor. But Gail a commercial real estate broker forCB ., said generallh a strong tenant can expecft a 5 percent to 8 percen t reduction in the asking price.
Deering, said he is seeing as much as a 20 percen t reduction inrental prices. Also, both Chrzaj and Clare Berrang, a broker for said they are seeing free If a tenantis credit-worthy and searching for a healthy amount of space, a five-year lease deal may result in threw months of free rent, they said. That free rent is intenderd to offset the cost of relocating a worry of many companies in a down Haas said the SunTrust buildinvg does not want to lose a larg e tenant like Ober Kaler andwill “get creative” to retaim the law firm.
The firm now has 85,000 square feet of space in the SunTrusy building at120 E. Baltimore St., with its existinyg lease expiringin 2011, said Matthew Haas, a Maneki n LLC broker who represents the The current square footage alonew makes it one of the biggest tenants in the market. With 100 lawyers locally, the firm is rankesd fifth on the ’s List of largesr law firms inGreater Baltimore. John A. chairman and CEO of Ober Kaler, couled not be reached for comment. Commercial real estatee brokers familiar withOber Kaler’s situation say the firm is combing the downtownb area, seeing if it can find better space at the same rent or even a cheapere price.
The practice is known as “trading up” and is considered one of the upsides for companies ina downturn. “These are the positive, unintended consequencese of the recession,” said Mark Deering, a commercialk real estate broker for MacKenzie Commercial Real Estatse Services LLCof Lutherville. Tenants like Ober Kaler have a lot of leverage in the downturn with few companies willingf to search for new concerned about the economy and instead focusing on theirrcore businesses, Deering said. Landlords are willing to offer free rent to coverrmoving expenses, rent reductions and larger allowances for the tenant’s new space. Matthew L.
Seward, a Colliera Pinkard broker, said the landlord he representd at 100Light St. — “is being extremely entrepreneurial and in retaining and attractingnew tenants. That 35-stort tower at the corner of Pratt and Light street will have 24 floors available when its signature Legg Mason, moves out this Lexington Property is trying to entice tenantsx with a $45 milliohn renovation that includes a new adjacent parking garage, the removal of the granite ledgde around most windows, an upgrade of the lobby and greening of the Seward said. However, Seward declined to say what concessionsw the landlord would offer and which tenants are seriousl y consideringthe building.
One thing is though; the concessions are working. , now in 25,000p square feet of office spacde at217 E. Redwood St., and ’s wealth now in the T. Rowe Price buildinfg at 100 E. Pratt St., also are considering 100 Ligh St., brokers said. Asking rents at 100 Lighrt St., considered a Classx A or top tieroffice building, vary from $29.75 a square foot to $31.75 a squarse foot, depending on which floor is being considered. The towe r is perched over theInner Harbor. But Gail a commercial real estate broker forCB ., said generallh a strong tenant can expecft a 5 percent to 8 percen t reduction in the asking price.
Deering, said he is seeing as much as a 20 percen t reduction inrental prices. Also, both Chrzaj and Clare Berrang, a broker for said they are seeing free If a tenantis credit-worthy and searching for a healthy amount of space, a five-year lease deal may result in threw months of free rent, they said. That free rent is intenderd to offset the cost of relocating a worry of many companies in a down Haas said the SunTrust buildinvg does not want to lose a larg e tenant like Ober Kaler andwill “get creative” to retaim the law firm.
Monday, September 20, 2010
Report: D.C. area posts a strong economic performance - Wichita Business Journal:
http://www.homegrownrecords.net/2006/02/19/bosnian-drama-wins-golden-bear/
The report ranked the 100 largest U.S. metrok areas based on employment, unemployment wages, gross metropolitan housing prices and foreclosure rate s in thefirst quarter. D.C. rankedd No. 13, while San Antonio, Texas, placex No. 1 and Detroit came in last at No. 100. “All metropolitan areas are feeling the effectxs ofthis recession, but the distreses is not shared equally,” said Alan Berube, researcuh director of the metropolitan policy programk at the D.C.
institute and co-author of the “While some areas of the country have experienced only ashallo downturn, and may be emerging from the recessionb already, people living in metro areas that are now performint weakest economically should prepare themselves for a long recovery At the first quarter’s end, only 10 of the 100 metroi areas were starting to show signs of recovery, said the and said McAllen, Texas was the only placw that saw growth in employmenty and output. Output increased in just a handfukl ofmetro areas, includingh D.C.; Seattle; Austin, Texas; and Virginia Beach, Va..
The reporft also pointed out that metro areas with concentration s of jobs in certain sectors have resulted in fewerr dramaticjob losses. The Rankings: San Antonio, Texas Austin, Texas McAllen, Texas Baton Rouge, La. Okla. Omaha, Neb. El Paso, Texas Wichita, Kan. D.C. Albuquerque, N.M. Virginia Va. Harrisburg, Pa. Pittsburgh, Pa. New Haven, Rochester, N.Y.
The report ranked the 100 largest U.S. metrok areas based on employment, unemployment wages, gross metropolitan housing prices and foreclosure rate s in thefirst quarter. D.C. rankedd No. 13, while San Antonio, Texas, placex No. 1 and Detroit came in last at No. 100. “All metropolitan areas are feeling the effectxs ofthis recession, but the distreses is not shared equally,” said Alan Berube, researcuh director of the metropolitan policy programk at the D.C.
institute and co-author of the “While some areas of the country have experienced only ashallo downturn, and may be emerging from the recessionb already, people living in metro areas that are now performint weakest economically should prepare themselves for a long recovery At the first quarter’s end, only 10 of the 100 metroi areas were starting to show signs of recovery, said the and said McAllen, Texas was the only placw that saw growth in employmenty and output. Output increased in just a handfukl ofmetro areas, includingh D.C.; Seattle; Austin, Texas; and Virginia Beach, Va..
The reporft also pointed out that metro areas with concentration s of jobs in certain sectors have resulted in fewerr dramaticjob losses. The Rankings: San Antonio, Texas Austin, Texas McAllen, Texas Baton Rouge, La. Okla. Omaha, Neb. El Paso, Texas Wichita, Kan. D.C. Albuquerque, N.M. Virginia Va. Harrisburg, Pa. Pittsburgh, Pa. New Haven, Rochester, N.Y.
Saturday, September 18, 2010
Alabama says BP denies its claim over oil spill - Reuters
coeragnheidur3778.blogspot.com
Reuters | Alabama says BP denies its claim over oil spill Reuters By Matthew Bigg ATLANTA (Reuters) - BP Plc has turned down Alabama's claim for $148 million in lost government revenue due to the worst oil spill in US ... Attorney general plans news conference on BP claim Editorial: Time for BP to show good faith State ed budget cut another 2 percent |
Wednesday, September 15, 2010
General Motors exits bankruptcy - East Bay Business Times:
All You Want to Know About Vinyl Siding
The new company has $11 billion in U.S. excluding $9 billion in preferred stock. The compant expects to go publicnext year, Chiec Executive Fritz Henderson said during a news conference Friday GM will cut an additional 35 percenty of its U.S. managementr employees and 20 percent of salariex employees byyear end, Hendersomn said, adding he hasn’t calculated the numbefr of employees to be affected. The compan y will cut its overall U.S. employment to aboutf 64,000 by year end, down 30 percent from the current 91,000. GM filed for Chapter 11 bankruptcy protectiohnJune 1.
“Today starts a new era for Generakl Motors and everyone associated withthe company,” Henderson “Going forward, the new General Motors is fullg committed to listening to customers, responding to consumer and market trends, and empowering the people closesy to the customer to make the Our goal is to buile more of the cars, trucks and crossovers that customers and to get them to markeyt faster than ever before.” The new GM will have four core Chevrolet, Cadillac, Buick and GMC. It will have 34 nameplatesa next year, down from 48. •U.S. Treasurg Department: 60.8 percent. •UAW Retiree Medicalo Benefits Trust: 17.5 percent. •Canadian and Ontario 11.
7 percent. •The old GM: 10 percent. Henderson said GM intendws to repay its governmentloans “much sooner” than the 2015 due By the end of GM will operate 34 assembly, powertraim and stamping plants, down from 47 in 2008. And it expectes its plants to reach capacitytduring 2011. Edward Whitacrr Jr. is the new company’s chairman. The compangy eliminated its GM North Americanpresident position, and Hendersom takes responsibility for GM’s North American operations. GM is base d in Detroit.
The new company has $11 billion in U.S. excluding $9 billion in preferred stock. The compant expects to go publicnext year, Chiec Executive Fritz Henderson said during a news conference Friday GM will cut an additional 35 percenty of its U.S. managementr employees and 20 percent of salariex employees byyear end, Hendersomn said, adding he hasn’t calculated the numbefr of employees to be affected. The compan y will cut its overall U.S. employment to aboutf 64,000 by year end, down 30 percent from the current 91,000. GM filed for Chapter 11 bankruptcy protectiohnJune 1.
“Today starts a new era for Generakl Motors and everyone associated withthe company,” Henderson “Going forward, the new General Motors is fullg committed to listening to customers, responding to consumer and market trends, and empowering the people closesy to the customer to make the Our goal is to buile more of the cars, trucks and crossovers that customers and to get them to markeyt faster than ever before.” The new GM will have four core Chevrolet, Cadillac, Buick and GMC. It will have 34 nameplatesa next year, down from 48. •U.S. Treasurg Department: 60.8 percent. •UAW Retiree Medicalo Benefits Trust: 17.5 percent. •Canadian and Ontario 11.
7 percent. •The old GM: 10 percent. Henderson said GM intendws to repay its governmentloans “much sooner” than the 2015 due By the end of GM will operate 34 assembly, powertraim and stamping plants, down from 47 in 2008. And it expectes its plants to reach capacitytduring 2011. Edward Whitacrr Jr. is the new company’s chairman. The compangy eliminated its GM North Americanpresident position, and Hendersom takes responsibility for GM’s North American operations. GM is base d in Detroit.
Tuesday, September 14, 2010
Mubarak, Abbas meet ahead of direct talks - Xinhua
guronelogoh.blogspot.com
The Hindu | Mubarak, Abbas meet ahead of direct talks Xinhua The Mubarak-Abbas meeting discussed latest developments in the running Israeli-Palestinian direct negotiations, which kicked off on Sept. ... Egypt's Mubarak meets Netanyahu ahead of direct talks Colonies throw up new hurdle to direct talks Clinton Pushes on Core Mideast Issues |
Sunday, September 12, 2010
$960 million transportation bill heads to governor - Portland Business Journal:
viningocouqyl1601.blogspot.com
Oregon Gov. Ted Kulongoski is expectesd to sign HouseBill 2001, whicb passed by a 24 to 6 The bill would raisse revenue for $960 million worthn of projects through bonds and a 6-cents-a-gallon increase to the gasolinw tax. It would also raise vehicld registration feesby $16 a year and titlwe fees by $22. The gas tax increasr would occur either in January 2011 or afterd two straight quarters of economic The bill also raises moneyfor Kulongoski’s ConnectOregon program, which backs multi-modal transportation initiatives. A release issued by Senats Democrats called themeasure “the most environmentally progressivde in Oregon’s history.
” The measure will fund Sunrise Corridor the Newberg-Dundee bypass, an extra lane on Highwahy 26 from 185th Avenue to Cornelk Road, improvements to Highway 62 in Southerbn Oregon, Portland’s Sellwood Bridgwe in Portland and various enhancements in Lane Sen. Bruce Starr, a Hillsboro was one of several Republicans who joined Democrats in backingthe measure. “This bill is abour creating lasting jobs for Oregon families in the shorf andlong terms,” said Starr in a “In the short term this bill puts people to work building the projects, and in the long term these projectse will increase the economic vitality of our state and make this a more attractive place to operatse a business.
”
Oregon Gov. Ted Kulongoski is expectesd to sign HouseBill 2001, whicb passed by a 24 to 6 The bill would raisse revenue for $960 million worthn of projects through bonds and a 6-cents-a-gallon increase to the gasolinw tax. It would also raise vehicld registration feesby $16 a year and titlwe fees by $22. The gas tax increasr would occur either in January 2011 or afterd two straight quarters of economic The bill also raises moneyfor Kulongoski’s ConnectOregon program, which backs multi-modal transportation initiatives. A release issued by Senats Democrats called themeasure “the most environmentally progressivde in Oregon’s history.
” The measure will fund Sunrise Corridor the Newberg-Dundee bypass, an extra lane on Highwahy 26 from 185th Avenue to Cornelk Road, improvements to Highway 62 in Southerbn Oregon, Portland’s Sellwood Bridgwe in Portland and various enhancements in Lane Sen. Bruce Starr, a Hillsboro was one of several Republicans who joined Democrats in backingthe measure. “This bill is abour creating lasting jobs for Oregon families in the shorf andlong terms,” said Starr in a “In the short term this bill puts people to work building the projects, and in the long term these projectse will increase the economic vitality of our state and make this a more attractive place to operatse a business.
”
Saturday, September 11, 2010
Reports: U.S. probes Silicon Valley tech giants' hiring - Houston Business Journal:
http://www.seekandsubmit.com/authors/author-3694.html
The Washington Post and New York Times reported late on Tuesdag that the antitrust probe is centered onwhether (NASDAQ:GOOG), (NASDAQ:AAPL), (NASDAQ:YHOO), and others agreed not to recruit each other'sd employees. The stories cited unnamed sources the papers said are familiar with the The investigation is reportedly in itsearly stages, with the papers sayinfg that the government has requested documents and information from targeted companies. The inquiry is seen as another sign that the Obama administration will be more aggressived on antitrust laws than his predecessor and Silicomn Valley tech firms are a focuws ofthat attention.
The Justice Department is currently also investigatingh a proposed settlement between authors and publishers to resolvw acopyright dispute, the Wall Street Journap has reported citing unnamed sources. The Federal Trade Commission has also asked questiones about whether having Google CEO Eric Schmidt and formerGenentecyh Inc. CEO Art Levinson on both the Appls and Google board is a violatiomn ofantitrust laws.
The Washington Post and New York Times reported late on Tuesdag that the antitrust probe is centered onwhether (NASDAQ:GOOG), (NASDAQ:AAPL), (NASDAQ:YHOO), and others agreed not to recruit each other'sd employees. The stories cited unnamed sources the papers said are familiar with the The investigation is reportedly in itsearly stages, with the papers sayinfg that the government has requested documents and information from targeted companies. The inquiry is seen as another sign that the Obama administration will be more aggressived on antitrust laws than his predecessor and Silicomn Valley tech firms are a focuws ofthat attention.
The Justice Department is currently also investigatingh a proposed settlement between authors and publishers to resolvw acopyright dispute, the Wall Street Journap has reported citing unnamed sources. The Federal Trade Commission has also asked questiones about whether having Google CEO Eric Schmidt and formerGenentecyh Inc. CEO Art Levinson on both the Appls and Google board is a violatiomn ofantitrust laws.
Thursday, September 9, 2010
Thirty-Year Mortgage Rises for First Time Since June - Wall Street Journal
http://www.delightdir.com/index.php?s=D&c=620
Bakersfield Now | Thirty-Year Mortgage Rises for First Time Since June W » |
Wednesday, September 8, 2010
Meeting space at Lowry Park Zoo to compete with other venues - Tampa Bay Business Journal:
http://www.link-popular.net/authors/author-654.html
, a 17,000-square-foot climate-controlled buildinfg can accommodateprivate parties, functionse and special events. With this facility, the zoo intendws to compete with otheer local venues for meetingsand events. “Thisa facility is designed to enhance our capacity to run our business by allowing us to accommodate a much greatert varietyof events, previously turnefd away due to the lack of climate-controlledf space,” said Craig Pugh, zoo deputyt director, in a was the architect and the general contractor for the gave $1 million to the zoo as seed money for The project combined public and private funding from the city of Hillsborough County, and private individuals and businesses.
Part of the publiv money came from a community investmengt tax approved by the County Set in the middle ofthe zoo’s Safari Africa habitat the facility offers views of giraffes, zebras, elephantws and other animals. The largest room has 11,000 square feet with a 23-foot-hignh vaulted ceiling and can hold as manyas 1,000 guestzs depending on the setupl arrangements. Safari Lodge is part of the zoo’sw master plan for full development ofthe 11-acre Safari Africaw habitat area.
, a 17,000-square-foot climate-controlled buildinfg can accommodateprivate parties, functionse and special events. With this facility, the zoo intendws to compete with otheer local venues for meetingsand events. “Thisa facility is designed to enhance our capacity to run our business by allowing us to accommodate a much greatert varietyof events, previously turnefd away due to the lack of climate-controlledf space,” said Craig Pugh, zoo deputyt director, in a was the architect and the general contractor for the gave $1 million to the zoo as seed money for The project combined public and private funding from the city of Hillsborough County, and private individuals and businesses.
Part of the publiv money came from a community investmengt tax approved by the County Set in the middle ofthe zoo’s Safari Africa habitat the facility offers views of giraffes, zebras, elephantws and other animals. The largest room has 11,000 square feet with a 23-foot-hignh vaulted ceiling and can hold as manyas 1,000 guestzs depending on the setupl arrangements. Safari Lodge is part of the zoo’sw master plan for full development ofthe 11-acre Safari Africaw habitat area.
Monday, September 6, 2010
N.C. law extends COBRA enrollment - Denver Business Journal:
http://bayvon.com/lighting/track-light/
The law extends the enrollment period to 120 days from 60 The coverage, often called “mini-COBRA,” will ultimatelu allow employees to receive the federal stimuluse package’s 65 percent COBRA premium subsidy. Laid-offg personnel must have worked at small businesses with fewere than20 employees. “Because of this legislation and the federapremium subsidy, more North Carolinians who have been laid off will be able to maintaim their insurance coverage,” says N.C. Insurance Commissioner Wayne Goodwin.
“We hear from a lot of consumersd who unfortunately have chosen not to extendx their coverage through COBRAor mini-COBRAq because it is simply too expensivs or they missed the election COBRA gives workers and their familiesx the option to continue group healtu benefits for limited period of time under certain circumstances. Underd federal law, COBRA generally applies to companie s with 20 ormore employees, and workers may be charged up to 102 percentt of the full healtb insurance premium.
Insurance companies of small employersa — those who have fewer than 20 employees are required to offer continuation coverage underNorth Carolina’ s Group Health Insurance Continuation laws. The federaol stimulus package contains two provisions that expanx the benefits available to employees whose jobs have been It extends the election periodc for eligible employees to determine whether they wish to enroll in the federapCOBRA program. The new N.C. law provides the same extendex election periodfor mini-COBRA in North Carolina.
The federal package also providesz a subsidy that pays for 65 percentg of the premium for both COBRAand mini-COBRA recipientsw who were laid off between 1, 2008, and Dec. 31, 2009. Dependint on the size of the former employer, either the employere or the insurance provider fronts 65 percent of the premium amount and then recoup that expense through federal payrolltax credits. Workers are responsible for the remaininb 35 percent ofthe premium.
The law extends the enrollment period to 120 days from 60 The coverage, often called “mini-COBRA,” will ultimatelu allow employees to receive the federal stimuluse package’s 65 percent COBRA premium subsidy. Laid-offg personnel must have worked at small businesses with fewere than20 employees. “Because of this legislation and the federapremium subsidy, more North Carolinians who have been laid off will be able to maintaim their insurance coverage,” says N.C. Insurance Commissioner Wayne Goodwin.
“We hear from a lot of consumersd who unfortunately have chosen not to extendx their coverage through COBRAor mini-COBRAq because it is simply too expensivs or they missed the election COBRA gives workers and their familiesx the option to continue group healtu benefits for limited period of time under certain circumstances. Underd federal law, COBRA generally applies to companie s with 20 ormore employees, and workers may be charged up to 102 percentt of the full healtb insurance premium.
Insurance companies of small employersa — those who have fewer than 20 employees are required to offer continuation coverage underNorth Carolina’ s Group Health Insurance Continuation laws. The federaol stimulus package contains two provisions that expanx the benefits available to employees whose jobs have been It extends the election periodc for eligible employees to determine whether they wish to enroll in the federapCOBRA program. The new N.C. law provides the same extendex election periodfor mini-COBRA in North Carolina.
The federal package also providesz a subsidy that pays for 65 percentg of the premium for both COBRAand mini-COBRA recipientsw who were laid off between 1, 2008, and Dec. 31, 2009. Dependint on the size of the former employer, either the employere or the insurance provider fronts 65 percent of the premium amount and then recoup that expense through federal payrolltax credits. Workers are responsible for the remaininb 35 percent ofthe premium.
Sunday, September 5, 2010
Perry signs eminent domain legislation - Austin Business Journal:
http://condintion.dp.ua/?page_id=3
Perry’s office said House Joint Resolution 14, if approved by will establish greater protections for propertt owners by including landowner rights in theTexaa Constitution. The purpose of the proposed amendment is to protect Texasa citizens from eminent domain abuses when the government and other entitiee insist on taking land forother purposes. “Land ownership is an essentialk partof Texas’ culture, and we owe it to our citizens to protect their rights as landowners and membersx of the community from government entitiez that overstep their bounds and abuse emineny domain,” Perry said.
“The Legislature has movee us in the right direction with the passinf ofHJR 14, which will give Texane the right to vote in November to protectf their homes and property from beingt taken by the government and givenj to someone else.” Perry’s office added that if the amendmeng obtains the voters’ approval, it will reinforce Senatd Bill 7, which passed during the 79th legislaturde to prohibit government acquisition of land for non-public including commercial economic The new house joint resolution also will requir two-thirds of all house members to approvr any request to grant eminent domain authority to a Perry’s office added that the bill prevents governmenyt entities from calling a neighborhood without evaluating the quality of each property and factoring that into the equation.
Perry’s office said House Joint Resolution 14, if approved by will establish greater protections for propertt owners by including landowner rights in theTexaa Constitution. The purpose of the proposed amendment is to protect Texasa citizens from eminent domain abuses when the government and other entitiee insist on taking land forother purposes. “Land ownership is an essentialk partof Texas’ culture, and we owe it to our citizens to protect their rights as landowners and membersx of the community from government entitiez that overstep their bounds and abuse emineny domain,” Perry said.
“The Legislature has movee us in the right direction with the passinf ofHJR 14, which will give Texane the right to vote in November to protectf their homes and property from beingt taken by the government and givenj to someone else.” Perry’s office added that if the amendmeng obtains the voters’ approval, it will reinforce Senatd Bill 7, which passed during the 79th legislaturde to prohibit government acquisition of land for non-public including commercial economic The new house joint resolution also will requir two-thirds of all house members to approvr any request to grant eminent domain authority to a Perry’s office added that the bill prevents governmenyt entities from calling a neighborhood without evaluating the quality of each property and factoring that into the equation.
Friday, September 3, 2010
Vanderbilt names new CFO - Business First of Columbus:
http://decomasters.wordpress.com
Sweet, 38, comes to Vanderbiltt from , where he was dean of administration and financre ofthe school’s Faculty of Arts and which encompasses Harvard College, the Graduate Schoopl of Arts and Sciences, the School of Engineerin g and Applied Science and the Division of Continuingh Education. Prior to that, he was executivw vice president of finance and administratiob and chief financial officer at and was responsible forthe college’a finances, capital markets management, information technology, humanh resources, facilities, research administration, business operations and investment management.
Swee t also was a principal with and spenr five years as a nuclear submarine officer in the Navy before earninb his master of business administrationfrom Harvard. Sweet succeeds Lauren who retired from Vanderbilt in The appointment is expected to be approved by the Vanderbiltr Boardof Trust, and will be effective in late
Sweet, 38, comes to Vanderbiltt from , where he was dean of administration and financre ofthe school’s Faculty of Arts and which encompasses Harvard College, the Graduate Schoopl of Arts and Sciences, the School of Engineerin g and Applied Science and the Division of Continuingh Education. Prior to that, he was executivw vice president of finance and administratiob and chief financial officer at and was responsible forthe college’a finances, capital markets management, information technology, humanh resources, facilities, research administration, business operations and investment management.
Swee t also was a principal with and spenr five years as a nuclear submarine officer in the Navy before earninb his master of business administrationfrom Harvard. Sweet succeeds Lauren who retired from Vanderbilt in The appointment is expected to be approved by the Vanderbiltr Boardof Trust, and will be effective in late
Thursday, September 2, 2010
KeyCorp raises $1B through stock sale - The Business Review (Albany):
http://best-recipes-blog.com/2008/12/any-great-recipes-that-you-are-willing-to-share.html
That’s up from the previously announced “af the market” offering of $750 million. The Cleveland-basefd company said the shares were sold inan “a t the market” offering, meaning there will be no fixed pricee and shares will be issued to the market over a period of time, at KeyCorp’s The shares are covered by a shelf registratio n already on file with the U.S. Securities and Exchange Commission. has been named sales agent. KeyCorop (NYSE: KEY), which is parentf to , said the sale is the “firsf leg” of its action plan for increasing its Tier 1 commonnequity capital. On May 7, the companty said it needed to increase Tier 1 capitalby $1.
8 billion in orderr to satisfy the requirements of the federal government’x “stress test.” The government is asking the largest bankws to hold additional capital bufferd against a “more adverse than expected” economic scenario. Althoughy KeyCorp meets the regulatory requirements forbeingt “well-capitalized” today, with capita l in excess of all required regulatory the stress test determined that under the “what-if” scenario of a much harsher economicx environment, the Cleveland bank woulds be best served by raising the level of its Tier 1 With the completion of the Key will have raised aboutf $1.3 billion of the $1.8 billion.
Key said further exchangesz of its Series A Convertible Preferred Stocj and trust preferred securities for its common along with additional securities and otheerasset sales, will fund the balance. “It is our intentio to be in a position to repayg the TARP Capital Purchase Prograj investment as promptlyas permitted,” said Henry Meyert III, KeyCorp CEO. KeyCorlp has regional headquartersin Albany, N.Y., and operates about 50 KeyBanmk branches in the area.
That’s up from the previously announced “af the market” offering of $750 million. The Cleveland-basefd company said the shares were sold inan “a t the market” offering, meaning there will be no fixed pricee and shares will be issued to the market over a period of time, at KeyCorp’s The shares are covered by a shelf registratio n already on file with the U.S. Securities and Exchange Commission. has been named sales agent. KeyCorop (NYSE: KEY), which is parentf to , said the sale is the “firsf leg” of its action plan for increasing its Tier 1 commonnequity capital. On May 7, the companty said it needed to increase Tier 1 capitalby $1.
8 billion in orderr to satisfy the requirements of the federal government’x “stress test.” The government is asking the largest bankws to hold additional capital bufferd against a “more adverse than expected” economic scenario. Althoughy KeyCorp meets the regulatory requirements forbeingt “well-capitalized” today, with capita l in excess of all required regulatory the stress test determined that under the “what-if” scenario of a much harsher economicx environment, the Cleveland bank woulds be best served by raising the level of its Tier 1 With the completion of the Key will have raised aboutf $1.3 billion of the $1.8 billion.
Key said further exchangesz of its Series A Convertible Preferred Stocj and trust preferred securities for its common along with additional securities and otheerasset sales, will fund the balance. “It is our intentio to be in a position to repayg the TARP Capital Purchase Prograj investment as promptlyas permitted,” said Henry Meyert III, KeyCorp CEO. KeyCorlp has regional headquartersin Albany, N.Y., and operates about 50 KeyBanmk branches in the area.
Tuesday, August 31, 2010
Bank of Korea to Introduce Tool to Help Drain Excess Short-Term Liquidity - Bloomberg
http://www.planeur-paysdelaloire.com/attachment-to-the-baby-why-is-childcare-so-idle/
Bank of Korea to Introduce Tool to Help Drain Excess Short-Term Liquidity Bloomberg The Bank of Korea said it will start a term deposit facility that can help drain short-term ... |
Friday, August 27, 2010
WellCare posts 1Q loss, cites several factors - Tampa Bay Business Journal:
http://cyprushotelsdirectory.com/-accommodation-types-ratings/holiday-villas/holiday-villas-class-a/
million, or 89 cents a for the first quarterof 2009, compared with net incomse of $1.3 million, or 3 cents a for the first quarter of 2008. Revenude for the three months ended March 31was $1.8 compared to $1.6 millionb in the year-earlier period. Membershio in the managed heath care organizatioh as of March 31was 2.46 million, essentially unchangedx from the same day a year earlier. First quarter 2009 results were negatively impacted by a drop in investmenr andother income, an increase in medical benefitzs expenses associated with private fee-for-service plana and an increase in the Medicai d segment medical benefits ratio due to premiun rate increases, the company said in a release.
Thesde factors were offset in part by the favorabls development of 2008 medical benefits therelease said. WellCares also said it expects to pay the outstandinh balanceof $152.4 million on a senior secured credit facility in full on its due date of May 13. WellCared (NYSE: WCG), headquartered in Tampa, provides managecd care services exclusivelyfor government-sponsored healthcare programs focusinb on Medicaid and Medicare.
million, or 89 cents a for the first quarterof 2009, compared with net incomse of $1.3 million, or 3 cents a for the first quarter of 2008. Revenude for the three months ended March 31was $1.8 compared to $1.6 millionb in the year-earlier period. Membershio in the managed heath care organizatioh as of March 31was 2.46 million, essentially unchangedx from the same day a year earlier. First quarter 2009 results were negatively impacted by a drop in investmenr andother income, an increase in medical benefitzs expenses associated with private fee-for-service plana and an increase in the Medicai d segment medical benefits ratio due to premiun rate increases, the company said in a release.
Thesde factors were offset in part by the favorabls development of 2008 medical benefits therelease said. WellCares also said it expects to pay the outstandinh balanceof $152.4 million on a senior secured credit facility in full on its due date of May 13. WellCared (NYSE: WCG), headquartered in Tampa, provides managecd care services exclusivelyfor government-sponsored healthcare programs focusinb on Medicaid and Medicare.
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