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 »

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

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. ... and more »

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 ... and more »

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

Creative thinking has real upside for downtown San Jose condos - Silicon Valley / San Jose Business Journal:

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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.

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.

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.

Alabama says BP denies its claim over oil spill - Reuters

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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 Montgomery Advertiser Editorial: Time for BP to show good faith Press-Register - al.com (blog) State ed budget cut another 2 percent Cullman Times Online WNCF -Legal News Line -NBC13.com  »

General Motors exits bankruptcy - East Bay Business Times:

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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.

Mubarak, Abbas meet ahead of direct talks - Xinhua

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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 People's Daily Online Colonies throw up new hurdle to direct talks GulfNews Clinton Pushes on Core Mideast Issues W »

$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.
”

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.

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 »

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.

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.

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.

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

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.