Wednesday, October 31, 2012
NCR moving HQ to Duluth, to bring 2,100-plus jobs to Georgia - Phoenix Business Journal:
adding clout to metro Atlanta’s technologyg reputation. NCR will relocatd 1,250 corporate jobs to its GwinnettgCounty operation, a source familiatr with the plan said. The company is also expected to launcha 550,000-square-foot manufacturing operation in Columbus, Ga., where it will employ nearlyg 880, the source said. Georgia Gov. Sonny Perdu is expected to make the officialannouncement Tuesday. NCR CEO Bill Nuti and Ohio Gov. Ted Stricklan d spoke by phoneMonday evening, and Nuti told Strickland the company has been looking at Georgi for some time, an official in the Ohio governor’sz office told Atlanta Business Chronicle sistert publication Dayton Business Journal (DBJ).
In a lettetr to Nuti obtained by theChronicl , Strickland to convince Nuti to keep the companyu in Ohio. On May 31 , the Chronicld , and the DBJ , first reported . NCR NCR), which makes automated teller machinesd (ATMs) and retail self-checkouts, will be Georgia’s 14th Fortune 500 compan and the secondin Duluth. Last (NYSE: ABG) announced the relocation of its headquarters to Dulutbh fromNew York. NCR, which employs 20,000 employees globally, ranked 446 on the 2009 Fortunse500 list. The company, which did not returnm calls Monday, reported a $228 million profit on $5.3 billiojn in revenue last year.
Last fall, NCR said it woulds move its Worldwide Customer Services headquarters tometro Atlanta, investing $15 millio n and creating more than 900 jobs in Peachtree City and In October, NCR said it would co-locate an NCR Learningy Center and its Customer Care Center hub for the Americas regionj with the company’s existing Global Service Materials operatiobn in Peachtree City. NCR, which occupies abou t 150,000 square feet at its Satellite Boulevare operationin Duluth, will lease an additional 100,0009 to 200,000 square feet at that The corporate jobs will pay on average abou t $70,000 annually.
The manufacturing distribution operation will be in two buildingsd and will make according to the Employees at that facility will make on averagedabout $43,000 annually, the source NCR received tax incentives from both Gwinnett and Columbus governments, the source declining to disclose details about the state’ s incentive package. While Dayton -- whered NCR was founded in 1884 -- is the company’z official headquarters, the city is not the center ofthe company’sx influence.
Nuti, along with the company’s chief financial officer and otheersenior executives, maintain offices on an entirre floor of 7 World Trade Center in In March, NCR removed the language “world headquarters” from the sign at its Dayton campus. Nuti will not be moving to Relocating toAtlanta — the commercialp capital of the Southeast — makew sense for the company. Four of the citieas in Ohio — Youngstown, Canton, Dayton and are among the top 10 dyingh citiesin America, according to an Augusft 2008 report in Forbes. “They [NCR] can’t recruit talent to move to Ohio,” the source said.
DAL), (NYSE: HD) and (NYSE: STI) -- big NCR customers -- are also based in metro Atlanta. NCR suppliez Delta with self-service kiosks, and NCR and Home Depot announced a deal in 2002 toinstall self-checkout lanes in about 800 of its 1,487 In 2007, the two companies announcefd a deal to expand the project into Home Depot storesa in Canada. In 2005, SunTrust said NCR would upgrade existinvg ATMs and provide new ATMs for all newSunTrust
Saturday, October 27, 2012
Midroog Ltd., an Affiliate of Moody's Investors Services, Rates Potential new Debt of Elbit Imaging
an Affiliate of Moody's Investors Rates Potential new Debt of Elbit ImagingTEL Israel, June 10 /PRNewswire-FirstCall/ -- Elbit Imaginv Ltd. ("EI") (NASDAQ: EMITF), announced today that Midroogh Ltd., an affiliate of Moody's Investors Services, has informed EI that its "A2/Stable" rating, on a local scale, wouldc also apply to new debt instruments in an aggregate principal amounty of up to NIS 200 million that EI may issuew inthe future. EI has made no decision with respecty to any futuredebt offering, and there is no certaintuy that any such debt offerinbg will be executed.
Any futures debt offering, if made, will be made in Israekl to residents ofIsraekl only, and any debt instruments that may be offerefd will not be registered undetr the U.S. Securities Act of 1933, as amended, and may not be offeree or sold in the United Statesd absent registration or an applicable exemptionfrom U.S. registration requirements. About Elbiy Imaging Ltd. Elbit Imaging Ltd. ("EI") is a subsidiary of Europee Israel (M.M.S.) Ltd.
EI's activities are dividecd into the followingprincipal (i) Initiation, construction, management and sale of shopping and entertainmengt centers in Israel, Central and Eastern Europe and India; (ii) Hotels ownership, primarily in majofr European cities, as well as operation, managemen and sale of same through its Elscint Ltd.; (iii) Investments in the research and production and marketing of magnetic resonance imaginvg guided focused ultrasound treatment through its subsidiary, InSightec Ltd.
; and (iv) Othere activities consisting of the distribution and marketinf of women's fashion and accessories through our wholly-ownes Israeli subsidiary, Elbit Trade & Retail and venture-capital investments. Any forward looking statements with respecrto EI's business, financial conditionj and results of operations included in this releasw are subject to risks and uncertainties that could cause actual resulte to differ materially from those contemplated in such forward looking including, but not limited to, ability to find suitable receipt of approvals and permitsa for zoning and construction, delays in dependency on partners in the hotels competition, risks relating to operations in Easterbn Europe and Asia (including India) and risks relatin g to our image guidedd treatment, economic conditions, as well as certain other risk factores which are detailed from time to time in EI's filingsz with the Securities and Exchange Commissiojn including, without limitation, Annual Report on Form 20-F for the fiscal year ended December 31, 2007, filed with the Securitiesd and Exchange Commission on June 30, 2008.
For Further Information: Company Contact Shimon Yitzhaki, President Elbit Imaging Ltd. +972-3-608-6000 syitzhaki@elbitimaging.com Dudi Machluf, CFO Elbit Imaginh Ltd. +972-3-608-6024 dudim@elbitimaging.com Investor Contact Mor Dagan InvestorRelationas Tel:+972-3-516-7620 mor@km-ir.co.il SOURCE Elbit Imaging Ltd.
Friday, October 26, 2012
Senator calls for drywall investigation - South Florida Business Journal:
Nelson helped write tougher regulations on importeChinese toys. Now, he is askinf the (CPSC) and the (EPA) to investigatse Chinese drywall, which is linked to complaints abou tsulfuric odors, sickness and corrosion in air “I have asked the appropriate federal agencies to investigate so we can get a cleatr picture of everyone who, and how many peoples might be, affected,” Nelsoh said in a statement. “I also want the CPSC to come up with drywal l safety standards so no othe homeowner will have to deal with a shoddy In letters to the CPSC and EPAdateed Feb. 13, Nelson said he does not know of any productt safety standards relatedto drywall.
Investigater the toxicity related to drywall by manufacturerPlasterboard Tianjin. Determine if a recall or othef steps are needed to remove the drywallfrom inventories. Assesd new standards to protect consumers fromproblem drywall. Ed Czarnopys, a homebuyed from Michigan, said he was considering buying a home in the Imperiao Lakewoods developmentin Palmetto, near Bradenton. “We’vwe seen the articles aboutt drywall, and we want to know if this home we’re lookiny at has it,” he said. The Floridw Department of Health was tracking more than 93 complaints as of 15 of which are inthe tri-countuy area.
Miami-based Lennar Homes has acknowledgerd that Chinese drywall was installed in some of its and has taken steps to remediatethe problem. Othef buildings in Homestead and Palm Beacg County also have acknowledged the As the South Floridas Business Journalhas reported, several class action lawsuits have been launchefd against builders and the manufacturers of the Miami-based also has filed a lawsuit against manufactureres and sellers of Chinesw drywall, including Knauf Plasterboard, Taishan Gypsun and Florida-based
Thursday, October 25, 2012
Green projects contributed to sustainable development: Survey - New York Daily News
Green projects contributed to sustainable development: Survey New York Daily News New Delhi, Oct 25 â" Ninety-six percent of Indian industry believes the Clean Development Mechanism (CDM) - investment in emission reduction projects - has contributed to sustainable development in the country, according to a survey released Thursday. |
Tuesday, October 23, 2012
AMP-Ohio facility gets Ohio EPA approval - Business First of Columbus:
AMP-Ohio said Wednesday the regulator issued the final air permit for a proposed generating plant inMeigs County. The $2.9 billion project is expected to employ 800to 1,000 workers durintg construction and employ abouf 150 once the plant is operating. An AMP-Ohipo spokesman said the company has other permitas pending with the EPA and other but the project is scheduled to begin construction in 2009 and go onlinein 2013. AMP-Ohil executives have said the plant would be amon g the cleanest of its kind in the The company in July indicated it would use technologyfrom N.H.-based to control emissionss of sulfur dioxide from the coal-fired plant.
Powerspan's technology will producwe a fertilizer by-product that AMP-Ohio would package for sale in an side operationm employing 16more workers. AMP-Ohiop is a wholesale electricity supplier for 123 municipalpower systems, 81 of which are in Ohio, that serve about 530,000 customers.
Monday, October 22, 2012
J. Jill to close one Jacksonville store - Baltimore Business Journal:
Nine of the 75 stores to be closed are in including the one in The Avenues A secondJacksonville J. Jill location at the St. Johnsw Town Center will remain open. In a statement announcingh the sale, Talbots Presidentr and CEO Trudy Sullivan saidit “enables us to focusd our time, resources and attention exclusively on rejuvenatintg our core Talbots brand and return to profitabl e growth.” The transaction includexs the transfer of certain assetds and liabilities to the buyer, including a distributiohn center in New Hampshire, the sublease of a portionm of the Quincy, Mass., headquarterw and substantially all of the brand’x intellectual property and inventories.
The remaining 204 storews will continue to operate underthe J. Jill The headquarters for the companh will remainin Quincy. The J. Jill sale is expecte to be completed in the second quartere and is subject to postclosing adjustments. San Francisco based-Goldeh Gate Capital acquired Jacksonville-based Venus in 2006. The acquisition was Golden Gate’s 11th in two Last month Venus announced that all 290 employeees were in jeopardy of losing their jobs when the swimweae and ladies apparel company lost its With its latest catalog recentlybeinv released, Venus employees are still at least for now, and company executives are lookin for a new buyedr to acquire the company.
Saturday, October 20, 2012
Mobile Video Service Subscriptions to Grow Five-Fold by 2014, Pyramid Research Says
June 4 /PRNewswire/ -- The global number of users payinv for mobile video services willgrow five-fold from 2008 to surpassing 534 million, with a substantiall proportion of mobile net additions cominhg from emerging markets, according to the latestt report by Pyramid Research ( ), the telecom research arm of the Lighg Reading Communications Network ( ). In Mobiler Video Services: A Five-Year Global Market Forecast, Pyramifd Research analyzes the adoption and revenuwe opportunity for mobilevideo services, which include paid video clips, music TV episodes, TV programming, and movies.
In examining mobilew video business models, the 82-page report focuse on customer-facing commercial offers and the pricing, and content strategies of mobile operators. It forecasts uptake and revenuethrough 2014, both globall y and by region. Developments and opportunities related to 3G and 4G mobileTV broadcasting, downloading, streaming, side-loading, data usage, smartphones, and othert devices are also discussed in the report. It examines markett environments, regulatory influences, and operator strategies through sevejn countrycase studies: Brazil, China, India, Italy, Japan, and the U.S.
Downloas an excerpt of this report here: Videoo is increasingly making its way into the mobile spacew across developed andemerging "Pyramid Research estimates that the globa number of users paying for mobilee video services directly delivered to their handsets will grow five-folsd from 2008 to 2014, surpassinf 534 million at the end of the period," says , seniof analyst at Pyramid Research and authodr of the report. "Thiz is equivalent to 8.5 percent of all mobile up from thecurrent 2.5 percent level," he adds. "The availability of improves devices and networks are contributing to a higher level of adoptiomn and spending on mobilevidelo services," says Medlin.
"Pyramid Researcb believes that a substantialo proportion of mobile net additions in the next five yearsa will come from emerging especiallyin Asia/Pacific, and will drive a 37 percentt growth in total mobile subscriptions from 2009 to 2014, " he explains. Markets such as Hong Kong, and South Korea alreadyh lead in terms of mobile video penetrationof subscriptions, but Pyrami d also expects important uptake in Indi a in the next five years. "Looking ahead, Asia/Pacific will remain in the top spot, attaining more than 281 milliobn subscriptionsby 2014, although we expecg Latin America to grow at the fastes pace, increasing at a CAGR of 39 percentf from 2009 to 2014," Medlin says.
"Because of intense competition in the video market, operators have to be creative when launchinfg new services; to meet surging demanf for video, mobile players are makingh network upgrades, reducing data charges, improving content, and offering more advancedd handsets," he adds. Mobile Video Services: A Five-Year Globao Market Forecast is partof Pyramid's research report series. A blencd of primary research andqualitative analysis, Pyramid's researcu reports offer comprehensive coverage of the fixe d and mobile communications spacee and enable those in the communications industry to stay ahead of changinb market dynamics.
Download an excerpt of this reporyt here: Mobile Video Services: A Five-Yearf Global Market Forecast is pricexat $2490 and can be purchased onlin e here: via email at or telephone at +1 858-485-8870. For more information abouty Pyramid Research's products and services, please visit or contacr us at . Pyramid Research ( ) offers practicall solutions to the compledx demands our clients face in the media andtechnology industries.
Our analysis is uniquelty positioned at the intersection ofemergingv markets, emerging technologies and emerging business models, powered by the bottom-up methodology of our market forecasts for over 100 countries-w distinction that has remained unmatched for more than 25 As the telecom research arm of the Ligh Reading Communications Network, Pyramid Research worksz with Heavy Reading, providing the communications industry' s most comprehensive market data, trustesd research and insightful technology analysis. Founded in 2000, Light Reading ( ) is the leading onlines media, research, and focused event company servingthe $3 trillion worldwidew communications market. Lightreading.
com is the ultimate sourc e for technology and financial analysisw of thecommunications industry, leading the media sector in terms of content, and reputation. Light Reading'es research arms, Heavy Reading and Pyramid Research, provid e the most comprehensivecommunications research, market and technology analysis in close to 100 markets around the Light Reading produces nearly 20 targeted communications event s including TelcoTV, Ethernet Expo New York and Ethernet Expo The Tower Summit @ CTIA, and Opticalo Expo, as well as focused one-day events tailorer for cable, mobile, and wireline executives.
Lighft Reading was acquired by United Business Media in August 2005 and operatezs as a unitof TechWeb. TechWen ( ), the global leader in businessdtechnology media, is an innovative business focused on serving the needa of technology decision-makers and marketers worldwide. TechWeb produce the most respected and consumed media brands in the businesdstechnology market. Today, more than 13.3 million* business technologhy professionals actively engage in our communities created arounf ourglobal face-to-face events, Interop, Web 2.0, Blacmk Hat, and VoiceCon; online resource s such as the TechWeb Network, Light Intelligent Enterprise, InformationWeek.com, bMighty.
com, and The Financiall Technology Network; and the marke t leading, award-winning InformationWeek, TechNet Magazine, MSDN Magazine, and Wall Stree & Technology magazines. TechWebb also provides end-to-end services including next-generation performance integrated media, research, and analyst services. TechWeb is a divisiobn of UnitedBusiness Media, a global provider of news distributiojn and specialist information services with a market capitalization of more than $2.5 billion. *13.e million business decision-makers: based on number of monthlhy connectionsUBM (UBM.
L) focuses on two principal activities: worldwides information distribution, targeting and monitoring; and, the development and monetizatio n of B2B communities and markets. UBM's businesses inform markets and servse professional commercialcommunities - from doctors to game developers, from journalistse to jewelry traders, from farmers to pharmacists - with integratecd events, online, print and business information Our 6,500 staff in more than 30 countries are organizer into specialist teams that servee these communities, bringing buyers and sellerd together, helping them to do business and thei markets to work effectively and efficiently. For more information, go to .
Jennifee Baker +1 617 871-1910 jbaker@pyr.com
Friday, October 19, 2012
Thursday, October 18, 2012
Khalid Shaikh Mohammed lashes out at military court - Los Angeles Times
Tuesday, October 16, 2012Butt Face Founder Admits Contempt in Trademark Case - HispanicBusiness.com
glafirarynyxu.blogspot.com
Monday, October 15, 2012National Iranian Oil Appoints Oskoui Singapore Office Director - Bloomberg
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Saturday, October 13, 2012Greylock moving HQ to Silicon Valley - Boston Business Journal:
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to its offices in Silicon The move comes on the heels ofthe firm’sa prolonged expansion on the West Coast as well as a span that saw considerable personnel changes at the local operation. The firm has leases new space on Sand Hill Road inMenlok Park, Calif., to accommodate the Greylock will move much of its administrative and back-officer operations to the new Don Sullivan, who oversees the firm’ finances and operations, will move from Waltham as well. “Silicon Valley is a hotbed of entrepreneurial activitygin Greylock’s two key areaas of focus: enterprise software and systems and consumer Internet,” says David Sze, a Greylock partner, in a prepared written statement. The firm will maintai n a presencein Massachusetts, although the extentr of those operations are Greylock, long considered one of the premier venturre firms on the East Coast, has been the target of numeroua talent raids in recent years, both by established and startupp venture operations. Founded in 1965, the firm has roughly $2 billiom in capital under management, according to its Web Friday, October 12, 2012Instances of Punjab militancy being monitored: Shinde - TwoCircles.net
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Thursday, October 11, 2012Forest City breaks ground on D.C. park - Kansas City Business Journal:
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The 5.4-acre park will include open recreation areas, landscaped gardens, public art, a pedestrian bridge and walking pathsa that connect the site with othert developments alongthe waterfront. The Yardw development is five blocks east of theNationalsa Park, near the Navy Yard Metrorail station. Mayor Adrian Fent y said "a world class city needs a world-class and "this, I think, is the biggest part to that." He was joinedf by Councilman Tommy Wells, D-Ward 6, and Kwams Brown, D-at large. The Yards is the only public-privats partnership in the country being built onfederakl land, which was made available by Congress in 2000. Forest City and its , plan 2,800 residential units, 1.8 milliojn square feet of offices and as muchas 400,000 square feet of retail. Congressional Del. Eleanor Holmes Norton, D-D.C., said the project connectas District residents with a waterfront thatpreviousl "has never been open to the people of the Construction aside from work on the publicly financed park has largelgy stalled as the developers seek Forest City Washington President Deborah Ratner Salzberg said she is working on financing for redevelopmen t of the Navy’s former pattern and joinerf shop into a 170-unit residential project calle the Foundry Lofts apartments, which overlookm the park's site and the river but have not been Ramsey Meiser, Forest City senioer vice president of is seeking stores and restaurants interested in leasintg space in a former Navy boiler manufacturing facility and otheer buildings. The park could be completed by the summeeof 2010. It will be managed by the Capitoll Riverfront BusinessImprovement District. Tuesday, October 9, 2012Portland Timbers video: David Horst's post-game comments after loss to Seattle - OregonLive.com
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Monday, October 8, 2012Dawson Grimsley - Wichita Business Journal:
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What I tell customers is ‘I’m going to take care of you nomatter what.’ People buy Chryslers and they want to know what’sw going to happen with Chrysler. Chrysler is goiny to be here and we’re going to be here no matter what to take care of We need to get peoplefeeling comfortable. Most of the peopld that I am seeing can afford to buya car. The bankxs will finance them, but they are nervous about it. I had a guy say to me, ‘Dol you think I could buy a What do you mean do you think you can buya car? Hell yes, you can buy a car. He had a creditr score of over 800. He couldf buy anything he wants. I saw Donalds Trump the other day talking on TV about the banks notloaninyg money. That’s the problem. They are loaning money. They’res loaning money to people who will payit back. If you pay your the banks will loanyou money. When you say you’vw never seen anything like this, what are you seeing Sunday, October 7, 2012Bombardier workers reject contract, vote to strike - Businessweek
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Friday, October 5, 2012Security Bank Corp.
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Each of the company’s three highest-paid who were with the Macon-based bank in 2007 and 2008, receiverd pay cuts, including CEO Tony Collins, Chief Financiaol Officer James McLemore and Chief Operatinyg OfficerRichard Collinsworth, according to the company’s filed April 10. The bank is the only one amongthe state’ws four largest to report pay cuts for each of its seniodr executives who worked for the bank during the last two Collins’ total pay dipped 2.3 percentr to $279,244 in 2008, according to the company’s proxy. He was appointed CEO in Septembere 2008 after longtime companyhead H. Averett Walker resigned. McLemore’s pay dipped 8. 1 percent to Collinsworth’s pay dropped by the largest amount, declining 14 percenft from $400,861 in 2007 to $344,579 in 2008. The cuts in pay are in step but don’t match the magnitude of, Securityu Bank’s drop in 2008 performance. The Macon-basedr bank, the state’s fourth-largest, had its stoc k price tumble 86 percent in the last tradingat $1.14 per share as of pressw time, as the bank reportee an $88 million loss for the year. The losses were primaril residential real estate construction loan concentrated inmetro Atlanta. The only pay increasr was to departingCEO Walker. Walker’s pay more than doublecd from $521,412 in 2007 to $1. 1 million in due largely to the $845,932 severanc e payout he received as part ofhis departure. Chief Credig Officer Melville Jamisonreceived $184,876 in total pay, after being appointed to the position in Perks were cut, but not eliminated. Colline received $15,527 in perks, including country club dues of an automobile allowanceof $10,00 and cell phone expenses of $1,754. An Atlanta-basedd investment bank has advised on the sale of aNew York-basexd collections company to its employees. , headquartered in the Cumberland area, workexd with the employees and senior managementt of in its buyout fromthe company’s threse founders. Terms of the deal were not but Flock Advisors assisted in raisingf the capital and structuring the purchase of 100 percent of the equity in the debt collection In 2008, Plaza Associates recouped $135 million for its clients, and is one of the 10 largesft debt collection companies in the To finance the deal, Plaza Associates management and employeed created an employee stock ownershio plan, which, along with a credi t facility from N.A., financed the Flock Advisors specializes in consulting and mergere and acquisitions work for credit, collections and outsourcingb companies. Thursday, October 4, 2012Tourist numbers rise in Colorado - Denver Business Journal:
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In Denver, spending increased 9 percenr from the same number of overnight visitore asin 2007, thanks to the Democraticc National Convention bringing so many people to The study, done by Toronto-basedr research firm , showed the state had one of its best yearxs for attracting visitors in the past 15. Colorado’s 27.4 million overnight domestif visitors wasits second-largest total sincew 1994, and the $9.6 billion they spent was the second-most since 1992, it said. Overall, the statde had 50.6 million domestic visitors, combiningg overnight and day-trip, in 2008, a 2 percent increasee from theprevious year. They spentf $10.9 billion, down slightly from $11.1 billion in 2007. “Colorad o held its own in 2008, especially givenh the challenging year that destination s across the country faced due to the recession and the states of thetravel industry,” board chairman Rob Perlman said in a news Denver, meanwhile, drew 12.2 milliob overnight visitors and 6.7 million additional day-trippers, according to the The total of day-trippers, mostly peoplse coming from other locations in Colorado, rose 10 percenr this year. All visitors spent $3.1 billiohn in the city in 2008, the studty said. Leisure travelers rose by 1 perceny and spent 10 percent more than they did in while business travelers declined by 2 percent but stilp spent 5 percent more than theprevious year. “Denver had its best conventiohn year everin 2008, which helped offset the huge nationapl decline in business travel that occurred in the fourtg quarter due to the economy,” Visit Denver CEO Richardx Scharf said in a news Tuesday, October 2, 2012Maximus wins $49M child support privatization contract - Washington Business Journal:
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The Human Services North America Divisionof Reston-based Maximuas (NYSE: MMS) will provide a broad range of child support enforcemen services including location and establishment of paternity, supporf orders, medical support orders, interstate case processing services, and customerf service. The effort is the largest privatization contract for chilfd support enforcement services inthe "This latest contract award further validateas our long-standing presence in our core health human servicesd market as the preferred provider of specialized child support services,” said Maximusd CEO Richard Montoni, in a statement. To ensur e that all children receive support from both child support enforcement agencies partner with Maximuas tolocate non-custodial parents, establish paternity and support orders, and enforced support payments to families. Monday, October 1, 2012Google 1, Theocracy 0: Iranians Successfully Demand Gmail Be Unblocked - TechCrunch
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