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.

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

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Thursday, October 28, 2010

Yahoo taps former News Corp. exec Ross Levinsohn - CNET

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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

MEDIAWEEK


Ross Levinsohn Joins Yahoo as Exec VP of the Americas

Hollywood Reporter


Levinsohn Jumps in Yahoo's Vacant EVP of Americas Chair

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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.

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.

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 ...

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.

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?

BikePortland.org


US bolsters infrastructure projects

International Business Times


TIGER Grant Recipients Showcase Innovation in Both Rural and Urban Communities

FavStocks


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 »

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

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.

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

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

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.

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.

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.

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.

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.

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."

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.