moakhamet84.blogspot.com
Herenton will pursue a run for U.S. Congress in the 9th Congressionalp District race next year against MemphianSteve Cohen, who currently holds the seat in D.C. He said he will immediatelyt join his son Rodney Herentonat , a Memphis-basedd holding company focusing on the institutional investment management business. “We brought opportunity, we broughtf diversity,” Herenton said of his time as city He was first elected mayor in October 1991 and was reelectedx for his fifth consecutive term inOctobe 2007. Running for Congress while acting as mayor would createa "conflic of interest," according to a letter Herenton wrote to Memphis City Counci l chairman Myron Lowery.
The letter announcedc his resignation and solidified hisCongressional "It is therefore with great zeal and optimism that I look forwarrd to the opportunity to take my local governmentg experiences of dealing with urban challenges to the hallzs of Congress to benefit this great city which I have served tirelessly for my entires career," Herenton wrote. Lowery said the city will hold a speciapelection 90-180 days after July 10 to replac e Herenton. Lowery, as current city council will serve as mayor pro tem in the He also announced his intentions to run for the office in the special election. Following Herenton's departure, Harold Collins will take over ascouncipl chair.
This is the second time in just over a year Herentom has plannedto resign. In March 2008, barely six monthss in to his fifth term, he announced — in similar fashiomn — he would resign the officd mid-summer 2008. At that he was interested in the vacant Memphisa City Schoolssuperintendent post, a job he held for 12 yeara before being elected mayor. But he was passed over for the position, which went to current superintendentKriner Cash.
Tuesday, November 23, 2010
Monday, November 22, 2010
Some Colorado small businesses back union card-check bill - Memphis Business Journal:
http://riverside-ford.com/Air-Intake/Air-Filter-Wrap-Ford/
The companies released a phone directorty entitled Small Businesses for an Equitable Economy that list s EFCA supporters ranging from bakeries to clothingg stores tomoving services. The directory was releasefd by Employee FreeChoice Colorado, a grouop of union members and other supportersa of the so-called “card check” bill. Union workers make 33 perceny more in wages and are 52 percent more likely to havehealth care, the group said in a news “We have a fundamental economic problem: The middlde class is disappearing in America,” said Terri owner of Denver-based Gate City Moving.
“Congreszs needs to pass the Employee Free Choicer Act because it is one of the most importang steps we can take to strengthen our middlwe class and turn our economy around.” The legislation woulrd allow a company’s employees to unioniz e if a majority of them check off boxesd on cards saying that they’d like to do so rathefr than requiring a secret-ballot It also would toughen penalties against business leaders who try to interferee in union votes and woulds require contract disputes to go to bindinvg arbitration if not settled withinh 120 days.
Most Colorado business leaders have said that passingy the law could lead to an increasde in union intimidation tacticws to get workers to sign their cardss and would lead businesses to expand operations overseas ratherthan domestically. Members of the Coloradop Association of Commerceand Industry, the and executives of smalpl and Hispanic businesses from the state have flow n to Washington, D.C., to lobby U.S. Sens. Mark Udalkl and Michael Bennet to voteagainst it. While neithefr senator has taken a public stance onthe bill, most of the attentiohn has been focused on the newlt appointed Bennet, since Udalp co-sponsored similar legislation while he was a member of the U.S. Houses in 2008.
On Tuesday, the National Republican Senatorial Committee chidedr Bennet for still failingb to givehis opinion, even though he announcee his support for U.S. Supremd Court nominee Sonia Sotomayor aftera 25-minutd meeting with her. “It is inexplicable that a quici 25-minute meet-and-greet, weeks before any hearings are even held on her is sufficient for Michae l Bennet to support a lifetime appointment to theSupremwe Court,” NRSC spokeswoman Amber Wilkersonb said in a news release.
“Ye t nearly five months of intense discussions and debate with constituents and felloww lawmakers are not enough for him to clarifyy his position on the card checok legislation that could impact thousands ofColorado
The companies released a phone directorty entitled Small Businesses for an Equitable Economy that list s EFCA supporters ranging from bakeries to clothingg stores tomoving services. The directory was releasefd by Employee FreeChoice Colorado, a grouop of union members and other supportersa of the so-called “card check” bill. Union workers make 33 perceny more in wages and are 52 percent more likely to havehealth care, the group said in a news “We have a fundamental economic problem: The middlde class is disappearing in America,” said Terri owner of Denver-based Gate City Moving.
“Congreszs needs to pass the Employee Free Choicer Act because it is one of the most importang steps we can take to strengthen our middlwe class and turn our economy around.” The legislation woulrd allow a company’s employees to unioniz e if a majority of them check off boxesd on cards saying that they’d like to do so rathefr than requiring a secret-ballot It also would toughen penalties against business leaders who try to interferee in union votes and woulds require contract disputes to go to bindinvg arbitration if not settled withinh 120 days.
Most Colorado business leaders have said that passingy the law could lead to an increasde in union intimidation tacticws to get workers to sign their cardss and would lead businesses to expand operations overseas ratherthan domestically. Members of the Coloradop Association of Commerceand Industry, the and executives of smalpl and Hispanic businesses from the state have flow n to Washington, D.C., to lobby U.S. Sens. Mark Udalkl and Michael Bennet to voteagainst it. While neithefr senator has taken a public stance onthe bill, most of the attentiohn has been focused on the newlt appointed Bennet, since Udalp co-sponsored similar legislation while he was a member of the U.S. Houses in 2008.
On Tuesday, the National Republican Senatorial Committee chidedr Bennet for still failingb to givehis opinion, even though he announcee his support for U.S. Supremd Court nominee Sonia Sotomayor aftera 25-minutd meeting with her. “It is inexplicable that a quici 25-minute meet-and-greet, weeks before any hearings are even held on her is sufficient for Michae l Bennet to support a lifetime appointment to theSupremwe Court,” NRSC spokeswoman Amber Wilkersonb said in a news release.
“Ye t nearly five months of intense discussions and debate with constituents and felloww lawmakers are not enough for him to clarifyy his position on the card checok legislation that could impact thousands ofColorado
Saturday, November 20, 2010
Coroner: Ohio women, boy were stabbed to death, dismembered - CNN
http://madconomist.com/crazy-money?page=12
CTV.ca | Coroner: Ohio women, boy were stabbed to death, dismembered CNN The remains of Tina Herrmann, 31, her son, Kody Maynard, 11, and Stephanie Sprang, 41, were found in garbage bags in the hollow of a tree in Kokosing Lake ... US bodies found in tree 'stabbed' Bodies found in US tree dismembered Victims found stuffed in tree in Ohio were dismembered, stabbed: autopsy |
Friday, November 19, 2010
Red Roof restructuring debt after mortgage defaults - Birmingham Business Journal:
http://rutgersaaup.org/Job_action_vote_letter.htm
Horsham, Pa.-based , a ratings agenc that tracks commercial mortgage-backed securitiesa for investors, said four of the company’x mortgage loans have been reportexd to be 30 days delinquent and are being transferred to aspecial servicer. Frank Innaurato, a managing directort at Realpoint, said the loans, collateralize by 131 Red Roof properties, total aboutf $361.4 million. Red Roof has four smallerf mortgage loans totalingabout $12.5 millio that are current, according to a Realpoint alertr issued late Wednesday.
The hoteol chain said it is in talks with lenderw to restructure debt relatex to the acquisition ofthe company’sz real estate assets “due to the curreny state of the lodging Red Roof in 2008 was spun off to two private investmengt firms for $1.3 billion and movedf back to Columbus after beinhg owned by Motel 6 owner “To date, discussions have been highlty constructive and we expect a positive resolution in due the company said in a “These discussions do not affecgt the day-to-day operations of the company’s properties and will not affecy Red Roof’s employees, vendorsa or franchise owners.
” A Red Roof spokeswoman declined to comment beyond the company’s statement. Red Roof has abouft 4,500 employees and about 350 company-ownedd and franchised properties.
Horsham, Pa.-based , a ratings agenc that tracks commercial mortgage-backed securitiesa for investors, said four of the company’x mortgage loans have been reportexd to be 30 days delinquent and are being transferred to aspecial servicer. Frank Innaurato, a managing directort at Realpoint, said the loans, collateralize by 131 Red Roof properties, total aboutf $361.4 million. Red Roof has four smallerf mortgage loans totalingabout $12.5 millio that are current, according to a Realpoint alertr issued late Wednesday.
The hoteol chain said it is in talks with lenderw to restructure debt relatex to the acquisition ofthe company’sz real estate assets “due to the curreny state of the lodging Red Roof in 2008 was spun off to two private investmengt firms for $1.3 billion and movedf back to Columbus after beinhg owned by Motel 6 owner “To date, discussions have been highlty constructive and we expect a positive resolution in due the company said in a “These discussions do not affecgt the day-to-day operations of the company’s properties and will not affecy Red Roof’s employees, vendorsa or franchise owners.
” A Red Roof spokeswoman declined to comment beyond the company’s statement. Red Roof has abouft 4,500 employees and about 350 company-ownedd and franchised properties.
Wednesday, November 17, 2010
Rep’s season in 2011 - BusinessWorld Online
http://www.turkattacker.org/index.php?topic=6409.0
Rep’s season in 2011 BusinessWorld Online Menchu Lauchengco-Yulo directs Pinky Marquez, Caisa Barredo, Lora Nicolas, Kelly Latti, Amy and Cara Barredo, Miguel Faustmann, Jack Salud, Joy Virata, ... |
Tuesday, November 16, 2010
Aegon to cut 138 positions in Louisville - Triangle Business Journal:
http://petsgoods.us/Dogs/Coach-Dog-Collar/
a subsidiary of Netherlands-based insurer Aegon N.V., will cut 138 positionse from its Louisville offices atAegon Tower. Subsidiarhy Aegon USA Investment Management will eliminatw 13 positions during the next few the company said inan e-maile d statement. The company also will cut 125 positionz handling certain life insurance administrative Those duties will be transitionedd to an Aegon office inCedat Rapids, Iowa, during the next several months, according to the “We are always exploring ways to improve efficiency and leverage the scale we have in our various U.S. locations,” the companu said in the statement. Aegon is the parent compant of Transamerica LifeInsurance Co.
, Transamerica Financial Life Insurance Co., Monumentap Life Insurance Co., Stonebridge Casualty Insurance Co., Stonebridgr Life Insurance Co., Western Reserved Life Assurance Co. of Ohio, Transamerica Life Canada, and Segurosd Argos, A.S. de C.V. According to the company’s Web site, www.aegonins.com, Aegobn U.S. has more than 600 employees in Louisville among severaloperating divisions, including individualp savings and retirement, institutional, life and protection, pensions and asset management and reinsurance.
a subsidiary of Netherlands-based insurer Aegon N.V., will cut 138 positionse from its Louisville offices atAegon Tower. Subsidiarhy Aegon USA Investment Management will eliminatw 13 positions during the next few the company said inan e-maile d statement. The company also will cut 125 positionz handling certain life insurance administrative Those duties will be transitionedd to an Aegon office inCedat Rapids, Iowa, during the next several months, according to the “We are always exploring ways to improve efficiency and leverage the scale we have in our various U.S. locations,” the companu said in the statement. Aegon is the parent compant of Transamerica LifeInsurance Co.
, Transamerica Financial Life Insurance Co., Monumentap Life Insurance Co., Stonebridge Casualty Insurance Co., Stonebridgr Life Insurance Co., Western Reserved Life Assurance Co. of Ohio, Transamerica Life Canada, and Segurosd Argos, A.S. de C.V. According to the company’s Web site, www.aegonins.com, Aegobn U.S. has more than 600 employees in Louisville among severaloperating divisions, including individualp savings and retirement, institutional, life and protection, pensions and asset management and reinsurance.
Sunday, November 14, 2010
Scottsdale Macy's to offer FAO Schwarz in-store facility - Business Courier of Cincinnati:
http://gifts4us.com/become-trendy-with-japanese-street-fashion/
The 1,000-square-foot FAO Schwarz is expectesd to open on 10 and become a permanenr fixture inside thedepartment store. The toy store will feature a full line of FAO toys and toys that will carry a Macy's private labek brand of items such as stuffer animals, cars, trucks and FAO Schwarz is an iconic toy retailer, with headquarters in Manhatta n and a 3-story clock tower inside the (NYSE: M), based in Cincinnati, operates 853 retailk stores across 45 the District of Columbia, Guam and Puerto under the names Macy's and Bloomingdale's, as well as e-commercs sites and a shop-by-mail division.
Of the 260 storeds in the San Francisco-based Macy's West region, 11 are locatede in Arizona. So far, the Scottsdale Macy'es is the only one in the Metro Phoenix area slated to have an FAO Schwarzzstore inside. For , .
The 1,000-square-foot FAO Schwarz is expectesd to open on 10 and become a permanenr fixture inside thedepartment store. The toy store will feature a full line of FAO toys and toys that will carry a Macy's private labek brand of items such as stuffer animals, cars, trucks and FAO Schwarz is an iconic toy retailer, with headquarters in Manhatta n and a 3-story clock tower inside the (NYSE: M), based in Cincinnati, operates 853 retailk stores across 45 the District of Columbia, Guam and Puerto under the names Macy's and Bloomingdale's, as well as e-commercs sites and a shop-by-mail division.
Of the 260 storeds in the San Francisco-based Macy's West region, 11 are locatede in Arizona. So far, the Scottsdale Macy'es is the only one in the Metro Phoenix area slated to have an FAO Schwarzzstore inside. For , .
Saturday, November 13, 2010
Streetcar work in progress - Charlotte Business Journal:
http://cyavp.com/page/646-656-rapidshare.html
This month, a streetcar advisort committee made several recommendations to City Council in the latesf bid to accelerate the constructionb schedule that currently callsd for a start date in 2018 and completion five years Support from both sides of the political as well as business andcivicf leaders, gave the streetcar renewed momentum during the past But economic reality has slammed on the brakes. “I woulrd hope everyone sees this as an opportunity to stimulater the economyin Charlotte,” says Ron Carter, president at and chairman of the streetcar committee. “I don’ft see it as a drag.
” Cartedr and other boosters say it’ difficult to put a timeframe on building the streetca r until further planning and engineering workis completed. Amonf the tasks: zeroing in on the now estimatedat $457 million. As recently as 2006, the price tag was $300 million. City Manager Curt Walton recommendecd funding the additional planning and study during a recentgbudget retreat, with an expected $8 million cost. If the city signs off on that idea, it wouldf likely be late-2010 before the additionalp studies and design workare finished.
“Then we’llk know what we’re dealing with,” Walton A city-funded $250,000 consultant’s report completed earlier this year predicted a surgr inproperty values, tax revenue and developmentf along the 10-mile corrdiodr once the streetcar is up and running. The proposee route runs from Beatties Ford Road through uptown and Elizabeth toEastland Mall. It could be builtg all at once or in depending on political will andavailablw funding.
Potential funding sources suggested by the consultang and the advisory committee include usingb some of the new property taxes created by the projecrt to pay back larger a neighborhood ordistrict tax, federal and statr money and a possible expanded locaol transit tax. Jim Palermo, committee vice chair and executive-in-residencer at Johnson and Wales says one idea broached by the consultants is a Taxing nonprofit organizations alongthe route, including churches and hospitals. Everyone on the committee is realistid about finding money in thenear future. “It’s Palermo says.
“But a down economyy is the time when you plan forwhat you’ll do when you come out of First, though, council must approve the initialk $8 million — a prospect that elicits differingf opinions among members. “It’s probably a year says John Lassiter, a Republican who heads the economic-development Lassiter supports the streetcar but believexsthe city’s current financiao pressures leave no room for even the initial funding for the Lassiter’s mayoral rival and Democratic colleague, Anthonyy Foxx, offers a differing view.
Because the streetcar study wouldx bea one-time cost, the city shoul d be able to find a way to approvd the money in the fiscalo 2010 budget that begins in July. “Therwe is some capacity in our budger to borrow to do something like he says.
This month, a streetcar advisort committee made several recommendations to City Council in the latesf bid to accelerate the constructionb schedule that currently callsd for a start date in 2018 and completion five years Support from both sides of the political as well as business andcivicf leaders, gave the streetcar renewed momentum during the past But economic reality has slammed on the brakes. “I woulrd hope everyone sees this as an opportunity to stimulater the economyin Charlotte,” says Ron Carter, president at and chairman of the streetcar committee. “I don’ft see it as a drag.
” Cartedr and other boosters say it’ difficult to put a timeframe on building the streetca r until further planning and engineering workis completed. Amonf the tasks: zeroing in on the now estimatedat $457 million. As recently as 2006, the price tag was $300 million. City Manager Curt Walton recommendecd funding the additional planning and study during a recentgbudget retreat, with an expected $8 million cost. If the city signs off on that idea, it wouldf likely be late-2010 before the additionalp studies and design workare finished.
“Then we’llk know what we’re dealing with,” Walton A city-funded $250,000 consultant’s report completed earlier this year predicted a surgr inproperty values, tax revenue and developmentf along the 10-mile corrdiodr once the streetcar is up and running. The proposee route runs from Beatties Ford Road through uptown and Elizabeth toEastland Mall. It could be builtg all at once or in depending on political will andavailablw funding.
Potential funding sources suggested by the consultang and the advisory committee include usingb some of the new property taxes created by the projecrt to pay back larger a neighborhood ordistrict tax, federal and statr money and a possible expanded locaol transit tax. Jim Palermo, committee vice chair and executive-in-residencer at Johnson and Wales says one idea broached by the consultants is a Taxing nonprofit organizations alongthe route, including churches and hospitals. Everyone on the committee is realistid about finding money in thenear future. “It’s Palermo says.
“But a down economyy is the time when you plan forwhat you’ll do when you come out of First, though, council must approve the initialk $8 million — a prospect that elicits differingf opinions among members. “It’s probably a year says John Lassiter, a Republican who heads the economic-development Lassiter supports the streetcar but believexsthe city’s current financiao pressures leave no room for even the initial funding for the Lassiter’s mayoral rival and Democratic colleague, Anthonyy Foxx, offers a differing view.
Because the streetcar study wouldx bea one-time cost, the city shoul d be able to find a way to approvd the money in the fiscalo 2010 budget that begins in July. “Therwe is some capacity in our budger to borrow to do something like he says.
Thursday, November 11, 2010
Fast Facts - Philadelphia Business Journal:
http://wood-news.com/news/wood/3420/
Applications are due March 13. Bucks, Chester, Delaward and Montgomery countiesare eligible, as are municipalitiees identified as “growing suburbs” and as “rurap areas” that have at least 100 acres of designater “future growth area” in the planninhg commission’s “Destination 2030 Long-Range Plan.” Commercial construction spendingg is expected to decline by 11 percent this year, accordingy to the biannual Consensus Construction Forecast, a survey of the nation’s leading construction forecasters. Sectorsd that will suffer the most are projected to be officse andretail construction.
The credit crisiws has had a dramatic impact on construction since financing hasbecome difficult, developers have put on hold or killerd construction projects. For those projects that do go developers will experience a decline in the cost since pricesa have dropped for keyconstruction commodities, including steel, gypsukm products, lumber and cement.
Applications are due March 13. Bucks, Chester, Delaward and Montgomery countiesare eligible, as are municipalitiees identified as “growing suburbs” and as “rurap areas” that have at least 100 acres of designater “future growth area” in the planninhg commission’s “Destination 2030 Long-Range Plan.” Commercial construction spendingg is expected to decline by 11 percent this year, accordingy to the biannual Consensus Construction Forecast, a survey of the nation’s leading construction forecasters. Sectorsd that will suffer the most are projected to be officse andretail construction.
The credit crisiws has had a dramatic impact on construction since financing hasbecome difficult, developers have put on hold or killerd construction projects. For those projects that do go developers will experience a decline in the cost since pricesa have dropped for keyconstruction commodities, including steel, gypsukm products, lumber and cement.
Wednesday, November 10, 2010
Multimedia Games wins NY Lottery contract for another 7 years - Austin Business Journal:
houghtalingbaemo1268.blogspot.com
Multimedia Games runs the central determinant system forthe state's 13,000 video lottery terminals--a contrac t it first won in 2004. Last year, that businesx accounted for about $7 million of the Austin-based company's revenue. “With annual revenue of approximately $1 billion, VLT operations in New York have provehn to be a major success with funds benefiting education andracing purses," said Anthony Sanfillippo, Multimedia's MGAM) CEO.
"We believe this contracty extension will result in improved cash flow from our operationm of the central determinant system in New York basede on growth initiatives under considerationj by the state and the future opening of a facilitytat Aqueduct." The Aqueduct in New York City is expected to increase the numbef of installed video lottery terminalas by 35 percent when it That should be a boon for both the state lottery and, in turn, Multimedia.
Multimedia Games runs the central determinant system forthe state's 13,000 video lottery terminals--a contrac t it first won in 2004. Last year, that businesx accounted for about $7 million of the Austin-based company's revenue. “With annual revenue of approximately $1 billion, VLT operations in New York have provehn to be a major success with funds benefiting education andracing purses," said Anthony Sanfillippo, Multimedia's MGAM) CEO.
"We believe this contracty extension will result in improved cash flow from our operationm of the central determinant system in New York basede on growth initiatives under considerationj by the state and the future opening of a facilitytat Aqueduct." The Aqueduct in New York City is expected to increase the numbef of installed video lottery terminalas by 35 percent when it That should be a boon for both the state lottery and, in turn, Multimedia.
Monday, November 8, 2010
Top10 Colorado deals closed in 2006 - Denver Business Journal:
gorbunovabowiper.blogspot.com
billion cash In a deal valued atabout $17 billionm in cash and stock, Time Warnet Cable Inc. and Comcastf Corp. purchased nearly all of the assete of bankrupt assets onJuly 31. The announced 18 months earlier, finally closed after the Federal Communicationx Commission approvedthe move. Earlier on, therer were other suitors. As Greenwoo d Village-based Adelphia worked to resolve its considerablse accounting andmanagement issues, private equity firms and made a jointg bid of about $15 billion cash. And New York-based offered $16.56 billion for Adelphia's cable systems. But Time Warnee Cable and Comcast closed the In exchange foracquiring Adelphia's 5.
2 million cabl subscribers, Time Warner Cable and Comcast paid Adelphia's bankruptcyu estate $12.5 billion in cash plus 156 millionn shares of Time Warner Cabled Class A common stock -- about 16 percent of its outstanding shares. Most of the sharez were to be distributed to Adelphia stakeholders in ordee to complywith Adelphia's Chapter 11 Adelphia's base of 5 millionh subscribers in 31 states was split between New York-basedr Time Warner Cable and Comcast, based in Philadelphia. The two cable giantsa also swapped some cable The result: expanded cable footprintxs and improved subscriber clustering. Time Warnetr Cable gained cable systems that passapproximately 7.
6 milliom homes with about 3.3 million basif subscribers, while Comcast added about 1.7 milliobn basic subscribers. Both companies have workedx on deployingenhanced high-speed data, digital voice and other advancefd services to former Adelphia subscribers. Adelphia sank into troubl e in 2002 when investors lost billionwof dollars, following claims that members of its founding familuy used millions of dollars from company fundsa for personal use -- and at the same time, misrepresentedr Adelphia's financial status. Later, while Adelphia (thehn the nation's fifth-largest cabler operator) filed for bankruptcy protection, the U.S.
Districtg Court in New York convicted John and Timotht Rigasof conspiracy, bank fraud and securities frau charges last July. John Rigas, 80, was handed a 15-year sentence; his son received a 20-year prisonh term. In October, they faced new crimina charges from federal officials who allegedd they were at the cented ofa tax-evasion plot. On Feb. 13, Time Warnere Cable, which was a subsidiary of , becam a public company and began tradingt on the New York Stock Exchange onMarcuh 1. Laurie DiBattista | ldwordsmith@msn.com No. 2 Seller: Value of deal: $4.6 billion cash Westernh Gas Resources Inc.
was acquired last year by one ofthe world'es largest independent exploration and production Houston-based Anadarko Petroleum Corp., for abou $4.6 billion in cash. As part of the Anadarko also assumedabout $600 million of debt. The acquisition of Westernj Gas Resources, one of Denver's top oil and gas companies, gave Anadarkl the opportunity to buy into active plays in the RockhMountain region. The proposed agreement between the two energy companies was announcedJune 23, after Anadarko's board of directors unanimously approved the deal to pay $61 a sharr in cash -- a 49 percent premium over Westermn Gas Resources' closing price of $40.91q the previous day.
Before completing the acquisitionon Aug. 23, Anadarkol received federal antitrust clearance underthe Hart-Scott-Rodinok Antitrust Improvements Act. Before the sale, Western Gas net income had shot up 60 percent in 2005to $203.78 million, compared to $127.8 millioj in 2004. Longtime Denver oilman Peter Dea was president and CEO of the foundedin 1977, which explored, developed, gathered, processed, transported and marketed natural gas and naturak gas liquids.
Western Gas Resources' producingy properties were mostlyin Wyoming, and included developmenr of the Powder River Basin coal-bex methane play and the Pinedale Anticline in the Greehn River Basin -- two of the largesf natural gas discoveries in recenty years in the continental United States. Westerj Gas Resources also designed, built, owned and operatexd natural gas gathering, processing and treating facilitiexs inmajor gas-producing basins in the Rocky Mountain, and West Texas regions of the Unitedc States. Just 13 days before Anadarko bought WesterhnGas Resources, it acquired , an Oklahoma-based globaol energy company, for $16.
4 billiojn cash and the assumption of net debt and other liabilities totaling about $1.6 billion. Among Kerr-McGee'es holdings were 451,000 acres in the Wattenbergv natural gas playin Colorado.
billion cash In a deal valued atabout $17 billionm in cash and stock, Time Warnet Cable Inc. and Comcastf Corp. purchased nearly all of the assete of bankrupt assets onJuly 31. The announced 18 months earlier, finally closed after the Federal Communicationx Commission approvedthe move. Earlier on, therer were other suitors. As Greenwoo d Village-based Adelphia worked to resolve its considerablse accounting andmanagement issues, private equity firms and made a jointg bid of about $15 billion cash. And New York-based offered $16.56 billion for Adelphia's cable systems. But Time Warnee Cable and Comcast closed the In exchange foracquiring Adelphia's 5.
2 million cabl subscribers, Time Warner Cable and Comcast paid Adelphia's bankruptcyu estate $12.5 billion in cash plus 156 millionn shares of Time Warner Cabled Class A common stock -- about 16 percent of its outstanding shares. Most of the sharez were to be distributed to Adelphia stakeholders in ordee to complywith Adelphia's Chapter 11 Adelphia's base of 5 millionh subscribers in 31 states was split between New York-basedr Time Warner Cable and Comcast, based in Philadelphia. The two cable giantsa also swapped some cable The result: expanded cable footprintxs and improved subscriber clustering. Time Warnetr Cable gained cable systems that passapproximately 7.
6 milliom homes with about 3.3 million basif subscribers, while Comcast added about 1.7 milliobn basic subscribers. Both companies have workedx on deployingenhanced high-speed data, digital voice and other advancefd services to former Adelphia subscribers. Adelphia sank into troubl e in 2002 when investors lost billionwof dollars, following claims that members of its founding familuy used millions of dollars from company fundsa for personal use -- and at the same time, misrepresentedr Adelphia's financial status. Later, while Adelphia (thehn the nation's fifth-largest cabler operator) filed for bankruptcy protection, the U.S.
Districtg Court in New York convicted John and Timotht Rigasof conspiracy, bank fraud and securities frau charges last July. John Rigas, 80, was handed a 15-year sentence; his son received a 20-year prisonh term. In October, they faced new crimina charges from federal officials who allegedd they were at the cented ofa tax-evasion plot. On Feb. 13, Time Warnere Cable, which was a subsidiary of , becam a public company and began tradingt on the New York Stock Exchange onMarcuh 1. Laurie DiBattista | ldwordsmith@msn.com No. 2 Seller: Value of deal: $4.6 billion cash Westernh Gas Resources Inc.
was acquired last year by one ofthe world'es largest independent exploration and production Houston-based Anadarko Petroleum Corp., for abou $4.6 billion in cash. As part of the Anadarko also assumedabout $600 million of debt. The acquisition of Westernj Gas Resources, one of Denver's top oil and gas companies, gave Anadarkl the opportunity to buy into active plays in the RockhMountain region. The proposed agreement between the two energy companies was announcedJune 23, after Anadarko's board of directors unanimously approved the deal to pay $61 a sharr in cash -- a 49 percent premium over Westermn Gas Resources' closing price of $40.91q the previous day.
Before completing the acquisitionon Aug. 23, Anadarkol received federal antitrust clearance underthe Hart-Scott-Rodinok Antitrust Improvements Act. Before the sale, Western Gas net income had shot up 60 percent in 2005to $203.78 million, compared to $127.8 millioj in 2004. Longtime Denver oilman Peter Dea was president and CEO of the foundedin 1977, which explored, developed, gathered, processed, transported and marketed natural gas and naturak gas liquids.
Western Gas Resources' producingy properties were mostlyin Wyoming, and included developmenr of the Powder River Basin coal-bex methane play and the Pinedale Anticline in the Greehn River Basin -- two of the largesf natural gas discoveries in recenty years in the continental United States. Westerj Gas Resources also designed, built, owned and operatexd natural gas gathering, processing and treating facilitiexs inmajor gas-producing basins in the Rocky Mountain, and West Texas regions of the Unitedc States. Just 13 days before Anadarko bought WesterhnGas Resources, it acquired , an Oklahoma-based globaol energy company, for $16.
4 billiojn cash and the assumption of net debt and other liabilities totaling about $1.6 billion. Among Kerr-McGee'es holdings were 451,000 acres in the Wattenbergv natural gas playin Colorado.
Sunday, November 7, 2010
FedEx SmartPost leases part of big spec center in Olathe - Kansas City Business Journal:
http://cceequine.org/marketplace/riding%20lessons.html
on Thursday signed a long-term leaser for 126,000 square feet in the 602,000-square-foot spec building completede in late 2008 at22101 W. 167thn St. in Olathe. Constructed in response to growinf demand forlocal “big box” industrial space, the distributiobn center was developed by of Mass., and a partnership led by Dan a principal with in Kansas City. In when the 40-acre site for the structure was Jensen said he would target larged tenants that would take atleast one-third of the “We’re breaking it a little smallerd than we thought we Jensen said of the FedEx lease.
“But (landing) we think, is a real endorsement for that building and that FedEx SmartPost, an expanding division of FedEcx Ground that delivers packages to U.S. postal facilitie for final delivery, will use the spacde for sorting anddistribution operations, Jensen said. “We’ve been workint on this deal since October, which is indicative of what’s going on in this economy,” Jensebn said. “It’s just a slow grind. But we do have some othetr deals that aregetting closer.” Spacw in the new distribution centerr is being marketed at $4.25 a foot plus operatiny tax, insurance and maintenance costs.
However, tenants will be able to take advantaged ofa 10-year, 50 percent property tax abatementg the city of Olathe granted. Banking on continuing demand in Olathe, Jensen’s partnership and Sun Life acquired 200 acresx at the southwest cornerf of 151st Street and Old 56 Highway late in 2008 for the eventual development of anadditionapl 2.9 million square feet of industrial space. “The industrialp market has pulled back a little bitsincde then,” said Ed Elder, president of .
But Elder, who representerd when a pre-recession wave of logistics activity broughf itto Olathe, remains bullisnh on Southern Johnson Count y and the broader Kansas City area as growinfg hubs in the nation’s product-distributioj network. In 2007, PacSun openedx a 400,000-square-foot warehouse on 74 acred along167th Street, immediately north of Jensen’x spec center. At the time, those marketing industriakl properties in the area benefited from the plannedr development ofa 1,000-acre industrial park surrounding a truck-rail intermodal facilityt near 196th Street and U.S. Highway 56 in Gardner.
BNSF announceds early this year that the economty had prompted it to postpone indefinitely construction on the rail portiojn of theproposed $735 million intermodal But Elder said the area’s existing including quick access to Interstate 35 and other highways, will be enough to attract additional tenants once the economyh improves. “It helped promote and validat that area,” Elder said of the BNSF project. “But PacSun got done without it. Kimberly-Clark did theid deal (for a 450,000-square-foot building near without it. And Coleman obviously did not need to beon (an campus.” The latter reference was to a 1.1 million-square-foort distribution center that Inc.
is buildinfg in the , a 151-acre industrial park at 175ty Streetand U.S. Highway 56 in Gardner. Ken one of Kansas City’s top announced in March that he was enterin g SouthernJohnson County’s emerging big-box industrial market at a site just east of the new Colemam facility. Block, a principalk of , leads an investment partnership that bought 229 acres at the northwesg corner of 175th Street and Hedg Lanein Olathe. On that site, Blocki & Co.
plans to develop a $275 million project containing more than 3 millionj square feet of industrial buildings during the next 10 to 12 Brent Hansen, research services managerr for Grubb & Ellis/the Winbury Group, said no industrial vacancy statistics are available for the Southern Johnson Countgy market. But the industrial vacanc y rate for all of Johnson Countyt in the first quarterwas 6.3 in line with the strong metrowidee average of 6.1 percent.
on Thursday signed a long-term leaser for 126,000 square feet in the 602,000-square-foot spec building completede in late 2008 at22101 W. 167thn St. in Olathe. Constructed in response to growinf demand forlocal “big box” industrial space, the distributiobn center was developed by of Mass., and a partnership led by Dan a principal with in Kansas City. In when the 40-acre site for the structure was Jensen said he would target larged tenants that would take atleast one-third of the “We’re breaking it a little smallerd than we thought we Jensen said of the FedEx lease.
“But (landing) we think, is a real endorsement for that building and that FedEx SmartPost, an expanding division of FedEcx Ground that delivers packages to U.S. postal facilitie for final delivery, will use the spacde for sorting anddistribution operations, Jensen said. “We’ve been workint on this deal since October, which is indicative of what’s going on in this economy,” Jensebn said. “It’s just a slow grind. But we do have some othetr deals that aregetting closer.” Spacw in the new distribution centerr is being marketed at $4.25 a foot plus operatiny tax, insurance and maintenance costs.
However, tenants will be able to take advantaged ofa 10-year, 50 percent property tax abatementg the city of Olathe granted. Banking on continuing demand in Olathe, Jensen’s partnership and Sun Life acquired 200 acresx at the southwest cornerf of 151st Street and Old 56 Highway late in 2008 for the eventual development of anadditionapl 2.9 million square feet of industrial space. “The industrialp market has pulled back a little bitsincde then,” said Ed Elder, president of .
But Elder, who representerd when a pre-recession wave of logistics activity broughf itto Olathe, remains bullisnh on Southern Johnson Count y and the broader Kansas City area as growinfg hubs in the nation’s product-distributioj network. In 2007, PacSun openedx a 400,000-square-foot warehouse on 74 acred along167th Street, immediately north of Jensen’x spec center. At the time, those marketing industriakl properties in the area benefited from the plannedr development ofa 1,000-acre industrial park surrounding a truck-rail intermodal facilityt near 196th Street and U.S. Highway 56 in Gardner.
BNSF announceds early this year that the economty had prompted it to postpone indefinitely construction on the rail portiojn of theproposed $735 million intermodal But Elder said the area’s existing including quick access to Interstate 35 and other highways, will be enough to attract additional tenants once the economyh improves. “It helped promote and validat that area,” Elder said of the BNSF project. “But PacSun got done without it. Kimberly-Clark did theid deal (for a 450,000-square-foot building near without it. And Coleman obviously did not need to beon (an campus.” The latter reference was to a 1.1 million-square-foort distribution center that Inc.
is buildinfg in the , a 151-acre industrial park at 175ty Streetand U.S. Highway 56 in Gardner. Ken one of Kansas City’s top announced in March that he was enterin g SouthernJohnson County’s emerging big-box industrial market at a site just east of the new Colemam facility. Block, a principalk of , leads an investment partnership that bought 229 acres at the northwesg corner of 175th Street and Hedg Lanein Olathe. On that site, Blocki & Co.
plans to develop a $275 million project containing more than 3 millionj square feet of industrial buildings during the next 10 to 12 Brent Hansen, research services managerr for Grubb & Ellis/the Winbury Group, said no industrial vacancy statistics are available for the Southern Johnson Countgy market. But the industrial vacanc y rate for all of Johnson Countyt in the first quarterwas 6.3 in line with the strong metrowidee average of 6.1 percent.
Saturday, November 6, 2010
Arctic Cat cuts 60 positions - Minneapolis / St. Paul Business Journal:
http://www.brandoncebenka.com/article/Simple-Tips-to-Prevent-Flu.html
million. The jobs represent about 5 percenr ofArctic Cat’s 1,200-person workforce. Sales for the Plymouth-bases maker of ATVs and snowmobileetotalled $90.7 million in its most recenty quarter, down from $168.9 million durinb the same quarter last year. Arctic Cat lost 93 cents per share in its fiscal 2009fourthy quarter, compared to a 2 cent per shard gain in the fourth quarter of last year.
Not includinhg a 10 cent per share one-time charge, the fourthn quarter loss would have only been 83 cents per shar and beat the 89 cents per share loss predicterd by analysts polled by Thomson Chairman and CEO Christophed Twomey said in a statement the company has reduces product inventories and braced for a difficultfiscal 2010. “We do not expect any meaningfulk recover in the recreational products market in theyear ahead,” he Arctic Cat projects sales in the rangse of $425 million to $460 million for its fiscal year endingb March 31, 2010, significantly less than the $563.6y million it had in its fiscal 2009.
Shareas of Arctic Cat (Nasdaq: ACAT) were down 20 centsw per share, or 4.4 percent, to $4.3r4 per share in afternoon
million. The jobs represent about 5 percenr ofArctic Cat’s 1,200-person workforce. Sales for the Plymouth-bases maker of ATVs and snowmobileetotalled $90.7 million in its most recenty quarter, down from $168.9 million durinb the same quarter last year. Arctic Cat lost 93 cents per share in its fiscal 2009fourthy quarter, compared to a 2 cent per shard gain in the fourth quarter of last year.
Not includinhg a 10 cent per share one-time charge, the fourthn quarter loss would have only been 83 cents per shar and beat the 89 cents per share loss predicterd by analysts polled by Thomson Chairman and CEO Christophed Twomey said in a statement the company has reduces product inventories and braced for a difficultfiscal 2010. “We do not expect any meaningfulk recover in the recreational products market in theyear ahead,” he Arctic Cat projects sales in the rangse of $425 million to $460 million for its fiscal year endingb March 31, 2010, significantly less than the $563.6y million it had in its fiscal 2009.
Shareas of Arctic Cat (Nasdaq: ACAT) were down 20 centsw per share, or 4.4 percent, to $4.3r4 per share in afternoon
Thursday, November 4, 2010
McConnell makes it official: Obama is Public Enemy No. 1 - Atlanta Journal Constitution (blog)
domnaofyvisyhojo.blogspot.com
Fox News | McConnell makes it official: Obama is Public Enemy No. 1 Atlanta Journal Constitution (blog) Surely it was more important to McConnell as a public servant to get millions of Americans working again, or to restore the nation's financial health, ... Public Lives The other side of euphoria Boehner: GOP to "roll up our sleeves' for public Nancy Pelosi To Make Public Statement On Election Results |
Wednesday, November 3, 2010
Crown lawyers will be under scrutiny in Frank Paul inquiry - Vancouver Sun
mesiaipuhuni1981.blogspot.com
Globe and Mail | Crown lawyers will be under scrutiny in Frank Paul inquiry Vancouver Sun The long-interrupted inquiry into the needless death of Frank Paul resumes today to ask why ... Silent too long on Frank Paul Top legal officials to testify at Davies commission R » |
Monday, November 1, 2010
KeyBank
http://4uv7.com/en/yoga/page_16.html
The report, which measures banks’ deposits by region of the countr on oneday — June 30, 2008 ranked KeyBank fourth in the region with 8.3 percent, or aboutf $6 billion in deposits, down from 9.4 percentr and $6.3 billion. The latest rankings for the Seattle-Tacoma-Bellevue regio predate ’s (NYSE: JPM) Sept. 25 takeovef of Washington Mutual. In this the now-failed Washington Mutual held the second-highest number of deposits across the Puget Sound regionwith 11.65 percen t or $8.4 billion. (NYSE: BAC) retainer the top spot, with market share of 30.6 or $22.2 billion in depositds across the region. That number increased slightly from about 29 or $19.
3 billion in deposits last year. Bank of America has 138 branchee across the PugetSounr region, according to the FDIC. U.S. Bank (NYSE: USB) movecd up to third place in the ranking, with 10.2 percenr market share or $7.4 billion in KeyBank (NYSE: KEY) and U.S. Bank have been in a neck-and-necj battle to increase market share acrosz the region and have both announced expansion plansthis U.S. Bank unleashed a $40 five-year expansion plan this summetr that includes hiring 220new employees, boostingh advertising and refurbishing existing branches acrossx the region. U.S. Bank’ss market share across the Puget Sounsd region had been decreasing before thisrecent report.
KeyBanok also recently announcedthat it’s addin g 18 new branches across the region to its network of 83 branches. Anne Foster, a spokeswomanh for KeyBank, said the FDIC’s numbers don’t take into account deposi t growth the bank has seen recently as a result of financial turbulencer atother institutions. She said the bank’s decline represents a fluctuatiohn in deposits from public sectort clients such ascity governments, which change “I would say first that the FDIC numberws reflect a snapshot of deposits taken on a singlw day in time and much has happenecd since that time,” she said. U.S.
Bank did not immediately return a call for Asthe second-largest bank across the region, WaMu’s deposits had already been slippinf before its historic, $16.7 billion bank run in the 10 days beforse it was seized by federal WaMu’s market share dropped from 13.28 percent, or $8.9 billionm in deposits locally a year earlier, to 11.65 percentr or $8.4 billion in the most recentt report. took the No. 5 spot, with 8.26 or about $6 billion in locak deposits — virtually unchanged from last year. Seattle’s Washingtob Federal Savings, subsidiary of WFSL), ranked fifth with 3.9 percenrt of the market share, or $2.
8 billion in Other high-ranking local institutions Frontier Bank, subsidiary of FTBK) with 3.8 percent of the market share and $2.7 billio in deposits and Columbia State Bank, subsidiary of (NASDAQ: COLB) with 2.75 percent or about $2 billion in deposits.
The report, which measures banks’ deposits by region of the countr on oneday — June 30, 2008 ranked KeyBank fourth in the region with 8.3 percent, or aboutf $6 billion in deposits, down from 9.4 percentr and $6.3 billion. The latest rankings for the Seattle-Tacoma-Bellevue regio predate ’s (NYSE: JPM) Sept. 25 takeovef of Washington Mutual. In this the now-failed Washington Mutual held the second-highest number of deposits across the Puget Sound regionwith 11.65 percen t or $8.4 billion. (NYSE: BAC) retainer the top spot, with market share of 30.6 or $22.2 billion in depositds across the region. That number increased slightly from about 29 or $19.
3 billion in deposits last year. Bank of America has 138 branchee across the PugetSounr region, according to the FDIC. U.S. Bank (NYSE: USB) movecd up to third place in the ranking, with 10.2 percenr market share or $7.4 billion in KeyBank (NYSE: KEY) and U.S. Bank have been in a neck-and-necj battle to increase market share acrosz the region and have both announced expansion plansthis U.S. Bank unleashed a $40 five-year expansion plan this summetr that includes hiring 220new employees, boostingh advertising and refurbishing existing branches acrossx the region. U.S. Bank’ss market share across the Puget Sounsd region had been decreasing before thisrecent report.
KeyBanok also recently announcedthat it’s addin g 18 new branches across the region to its network of 83 branches. Anne Foster, a spokeswomanh for KeyBank, said the FDIC’s numbers don’t take into account deposi t growth the bank has seen recently as a result of financial turbulencer atother institutions. She said the bank’s decline represents a fluctuatiohn in deposits from public sectort clients such ascity governments, which change “I would say first that the FDIC numberws reflect a snapshot of deposits taken on a singlw day in time and much has happenecd since that time,” she said. U.S.
Bank did not immediately return a call for Asthe second-largest bank across the region, WaMu’s deposits had already been slippinf before its historic, $16.7 billion bank run in the 10 days beforse it was seized by federal WaMu’s market share dropped from 13.28 percent, or $8.9 billionm in deposits locally a year earlier, to 11.65 percentr or $8.4 billion in the most recentt report. took the No. 5 spot, with 8.26 or about $6 billion in locak deposits — virtually unchanged from last year. Seattle’s Washingtob Federal Savings, subsidiary of WFSL), ranked fifth with 3.9 percenrt of the market share, or $2.
8 billion in Other high-ranking local institutions Frontier Bank, subsidiary of FTBK) with 3.8 percent of the market share and $2.7 billio in deposits and Columbia State Bank, subsidiary of (NASDAQ: COLB) with 2.75 percent or about $2 billion in deposits.
Sunday, October 31, 2010
Donate Life Florida selected to establish new organ donor registry - Tampa Bay Business Journal:
http://syracusechargers.org/links/link.html
Donate Life Florida is a nonprofif alliance ofthe state’s organ, tissue and eye donor It aims to educate Floridians about organ and tissue donation. The new registry will allow userse to register as adonore online. Donor programs will then be able to access the registrh to locate potential matche s for patients in need of a according toa release. The program will be named the Joshua Abbott Organ and Tissue Donor after a lung transplan recipient who helped endorse organ and tissuse donation until his deathin 2006.
In the contract with the AHCA stipulates that Donate Life Floridza must create and implement educational campaignx targeted at groups expected todrive enrollment, includingg staff, students and multicultural groups. The registry contract receiver funding through voluntary contributions tothe , which consists of donatione from state residents obtaining or renewing theidr driver’s licenses and vehicle In 2007, Gov. Charlie Crist a bill that woul d have transferred administration ofthe state’s donof registry from AHCA to the nonprofitg . AHCA said then that it new potentiapl donors to enroll in a proposedonlins registry.
The Donor Designation Collaborative, a nationaol initiative launchedin Oct. 2006, aims to increasee the national donor registry to 100milliom people, about 50 percent of all registeree drivers. The campaign is spearheaded by DonatewLife America, a national alliances of donor programs and corporatre partners. The new onlines registry could help achieve this saidKaren Garcia, chairwoman of Donate Life in the release. Currently, abou t 80 million licensed drivers are registered Morethan 100,000 patients are currentlu listed on the national organ transplant waiting and 3,500 are listedr at transplant centers in Florida.
Donate Life Florida is a nonprofif alliance ofthe state’s organ, tissue and eye donor It aims to educate Floridians about organ and tissue donation. The new registry will allow userse to register as adonore online. Donor programs will then be able to access the registrh to locate potential matche s for patients in need of a according toa release. The program will be named the Joshua Abbott Organ and Tissue Donor after a lung transplan recipient who helped endorse organ and tissuse donation until his deathin 2006.
In the contract with the AHCA stipulates that Donate Life Floridza must create and implement educational campaignx targeted at groups expected todrive enrollment, includingg staff, students and multicultural groups. The registry contract receiver funding through voluntary contributions tothe , which consists of donatione from state residents obtaining or renewing theidr driver’s licenses and vehicle In 2007, Gov. Charlie Crist a bill that woul d have transferred administration ofthe state’s donof registry from AHCA to the nonprofitg . AHCA said then that it new potentiapl donors to enroll in a proposedonlins registry.
The Donor Designation Collaborative, a nationaol initiative launchedin Oct. 2006, aims to increasee the national donor registry to 100milliom people, about 50 percent of all registeree drivers. The campaign is spearheaded by DonatewLife America, a national alliances of donor programs and corporatre partners. The new onlines registry could help achieve this saidKaren Garcia, chairwoman of Donate Life in the release. Currently, abou t 80 million licensed drivers are registered Morethan 100,000 patients are currentlu listed on the national organ transplant waiting and 3,500 are listedr at transplant centers in Florida.
Friday, October 29, 2010
MindBodyGreen Travel Launches Flash Sales on Healthier and Greener Destinations - San Francisco Chronicle
http://www.foxxgraphics.com/bad-credit-small-business-loan-for-smooth-running-of-business/
MindBodyGreen Travel Launches Flash Sales on Healthier and Greener Destinations San Francisco Chronicle MindBodyGreen, the leading site promoting better, healthier, and greener living, launches MindBodyGreen Travel, bringing its members discounted flash sales ... |
Thursday, October 28, 2010
Auto supplier Visteon files Chapter 11 - Business First of Columbus:
awipekyhila.blogspot.com
Van Buren Township, Mich.-based Visteon (OTC BB:VSTN), which runs eighty plants in Ohio, said the bankruptcy applies only toits U.S. operationsz and is intended to “maximize the long-term value of the company.” The filing comes nine years after Visteon was spun off from which has lined up tosupport debtor-in-possession financinbg for its restructuring. “Durinb the reorganization period, we will seek to addres s our capital structure and legacy costs that are not sustainablse given the currenteconomic environment,” CEO Donald Stebbins said in a The company last year lost $681 million on $9.
54 billion in It has lost money every year since it was separatede from Ford in 2000. In additionn to the assistancefrom Ford, Visteon said it has backinvg from other customers and plans to fund operations with cash and the debtor-in-possessionj facility. The company said it has file a number of motions in Delaware bankruptcy court to allow it to continuwe serving customers and keepingemployee obligations. Visteon employs about 31,000p workers in 27 countries andhas U.S. operations in nine In Ohio, its operationss include a 65,000-square-foot plant in Springfieldx that makes and assembles fuel deliverh modulesand tanks.
The companyg also has state operationsin Toledo, Bowling Green, Delphos and Tiffin.
Van Buren Township, Mich.-based Visteon (OTC BB:VSTN), which runs eighty plants in Ohio, said the bankruptcy applies only toits U.S. operationsz and is intended to “maximize the long-term value of the company.” The filing comes nine years after Visteon was spun off from which has lined up tosupport debtor-in-possession financinbg for its restructuring. “Durinb the reorganization period, we will seek to addres s our capital structure and legacy costs that are not sustainablse given the currenteconomic environment,” CEO Donald Stebbins said in a The company last year lost $681 million on $9.
54 billion in It has lost money every year since it was separatede from Ford in 2000. In additionn to the assistancefrom Ford, Visteon said it has backinvg from other customers and plans to fund operations with cash and the debtor-in-possessionj facility. The company said it has file a number of motions in Delaware bankruptcy court to allow it to continuwe serving customers and keepingemployee obligations. Visteon employs about 31,000p workers in 27 countries andhas U.S. operations in nine In Ohio, its operationss include a 65,000-square-foot plant in Springfieldx that makes and assembles fuel deliverh modulesand tanks.
The companyg also has state operationsin Toledo, Bowling Green, Delphos and Tiffin.
Tuesday, October 26, 2010
Bankruptcy trustee sues Hecker, alleging fraud - Washington Business Journal:
andreychukuze.blogspot.com
Brian Leonard is the trustee for Advantage RentA Car, which file d for Chapter 11 bankruptcy in In his suit, Leonars said that Hecker excessivelty billed Southwest-Tex Leasing Co. Inc. (which owns and redirected that moneyto Hecker’s other The complaint states that Southwest-Texz made payments totaling nearly $100 million to Hecker’ds Rosedale Dodge between April 13, 2006, and Dec. 4, 2008. Otherf Hecker properties receivedmillions more. In 2008 alone, Southwest-Tex made 114 paymentsa totaling morethan $82 million to Rosedald Dodge that were not allocatede to any particular leases or other financialk obligations, according to the filing.
“Based upon informatiomn and belief, Hecker and his affiliates conspiredx toutilize [Advantage] as a source of fundxs for Hecker and his othe r enterprises. … The payments were made with the actual intentto hinder, dela y or defraud creditors of the debtors,” Leonard statess in the lawsuit. Hecker’s representatives couldn’tt be reached for comment, but Hecketr attorney Marsh Halberg told the Star Tribune he was unawaree ofthe suit. The civil complaint is just the latestg in a long stringf of troublefor Hecker. The IRS says from the yearsa 2003and 2005.
The Minnesota State Patrol announced last week it has launchedr a criminal investigation against alleging he has not been paying the state salew tax onlicense plates, titles, registrations and othee fees. He . Heckerr then to the statr after taking control of several Hecker dealerships afted he defaulted on payments he owed the Hecker , saying he owed as much as $1 billion to as many as 1,00 creditors. Hecker’s financial trouble s started last October, when . He has sincew closed most of hisauto dealerships.
Brian Leonard is the trustee for Advantage RentA Car, which file d for Chapter 11 bankruptcy in In his suit, Leonars said that Hecker excessivelty billed Southwest-Tex Leasing Co. Inc. (which owns and redirected that moneyto Hecker’s other The complaint states that Southwest-Texz made payments totaling nearly $100 million to Hecker’ds Rosedale Dodge between April 13, 2006, and Dec. 4, 2008. Otherf Hecker properties receivedmillions more. In 2008 alone, Southwest-Tex made 114 paymentsa totaling morethan $82 million to Rosedald Dodge that were not allocatede to any particular leases or other financialk obligations, according to the filing.
“Based upon informatiomn and belief, Hecker and his affiliates conspiredx toutilize [Advantage] as a source of fundxs for Hecker and his othe r enterprises. … The payments were made with the actual intentto hinder, dela y or defraud creditors of the debtors,” Leonard statess in the lawsuit. Hecker’s representatives couldn’tt be reached for comment, but Hecketr attorney Marsh Halberg told the Star Tribune he was unawaree ofthe suit. The civil complaint is just the latestg in a long stringf of troublefor Hecker. The IRS says from the yearsa 2003and 2005.
The Minnesota State Patrol announced last week it has launchedr a criminal investigation against alleging he has not been paying the state salew tax onlicense plates, titles, registrations and othee fees. He . Heckerr then to the statr after taking control of several Hecker dealerships afted he defaulted on payments he owed the Hecker , saying he owed as much as $1 billion to as many as 1,00 creditors. Hecker’s financial trouble s started last October, when . He has sincew closed most of hisauto dealerships.
Monday, October 25, 2010
Yogurt franchise finds its sweet spot in San Antonio - Puget Sound Business Journal (Seattle):
http://fishing-sea.com/Fishing-Rods/Spin-Casting-Rod/
Yogurt franchise Red Mango has signerd a development agreement with RamirioValadez III. The local businessman planas to open six storesd in the greater SanAntonio area. Store No. 1 is set to open in the firsgt week of June at QuarryyVillage — a residential/retail development in North Central San Come 2010, the plan is to get two more Red Mangko stores up and running, Valadez says. Valadez says he was attractefd tothe tasty, health-conscious trea that is the core of Red Mango.
Plus, the simplw operations set up makes it an easierd concept to roll out in other parts of the Yogurt shops are certainly not a new concept for San Case in point isOrangeCup — a chaijn from the Capital City that is currentlyt open for business at The Shops at La Canterz on the Northwest Side. In OrangeCup was recently honored witha “Hot Retailer” Awar during the 2009 Global Real Estate Conventiom (RECon) of the (ICSC). The award recognizes conceptd that drive customers to shopping centers aroundthe world. however, believes that Red Mango is up for the challengwe of going against competitorslike OrangeCup.
“It’sx a trendy, upscale yogurt shop,” says Valadez of Red “The concept is catching The franchise agreement with Valadeza is one of severalo that Red Mango has signed as part of its push to buildcthe chain’s presence throughout the U.S. Development dealws signed in the first quarter of 2009 are poised to result in some 128 new Red Mangp stores over the nextseveral years. “This has been an incrediblw quarter forRed Mango, and we’rde just getting started,” says James Franks, vice presidengt of franchising for Red Mango.
“The explosivre growth of our brand will help us doubl e our network in 2009 and set the stagw to enter a series of new states inrapi succession.” To that end, Red Mangl has moved its national headquarters from Shermabn Oaks, Calif., to Dallas — a market that has embracedd the concept and offers the yogurt chain significang logistical advantages, according to a recent articler by the , a Busineszs Journal sister publication. Dallaxs is also home to private equity firm CIC which madea $12 million investment in Red Mango last Red Mango was founded in 2002 in Southh Korea. In July 2007, Dan Kim broughg the concept tothe U.S. He servews as president and CEO ofthe firm.
Littl wonder that San Antonio’s medical real estate market is still booming given the national stats on the health care According to a recent analysis by Robert senior vice president and chief economist forSantaa Ana, Calif.-based , employers in the health care and socialp assistance sectors have added nearly half a million jobs since the outset of the economic downturb back in December 2007. The trends driving this Bach adds: The aging of the Baby Boometr group and the development of new treatmeny options formedical conditions.
More good Between December 2007 andMarch 2009, the stat e of Texas was one of a handful that saw an increases in jobs — versus the many states that have lost jobs over this same time • Family fun: Mega-sports retailer will hold a Bass Pro Shopw Family Summer Camp from May 30 to July 5. The activitied and workshops are free of charge and will focus on such topicsx as the basicsof hiking, bird watchint and archery. The campx will run from 3 to 7 p.m. on Tuesdays and Wednesdays, and from noon to 6 p.m. on Saturdayz and Sundays. The local Bass Pro is locatex at17907 IH-10 West, in the Rim shoppingb center in Northwest San Antonio. For more log on: www.basspro.com/camp.
• Kudos: Travis Kessler, presidenft and CEO of the San Antonio Board ofRealtords (SABOR) has received the William R. Magep Award of Excellence. The awarf recognizes Kessler’s work as an associatioj executive of a local or statesRealtor association. Kessler has been involvedf with the organization since1977 when, just out of college, he went to work for the Texax Association of Realtors. After stintds with the Colorado and Lafayette Kessler returned to Texae in1987 — working with the . He has served in his currenf role with SABORsince 1997. • : Earlie r this week, Morningside Ministries, the city of Boernd and the celebrated the opening ofthe .
It includes 40 beds and a mix of privatseand semi-private suites, private showers and various amenitiew for seniors. The Kendall House is one of severall facilities that make up the Menger Springw campus ofMorningside Ministries. The entire developmen is located on some 34 acres of land in which is just northwest of San Menger Springs is one of three elderly care communitiees owned and operated by Morningside Ministries in the SanAntonio
Yogurt franchise Red Mango has signerd a development agreement with RamirioValadez III. The local businessman planas to open six storesd in the greater SanAntonio area. Store No. 1 is set to open in the firsgt week of June at QuarryyVillage — a residential/retail development in North Central San Come 2010, the plan is to get two more Red Mangko stores up and running, Valadez says. Valadez says he was attractefd tothe tasty, health-conscious trea that is the core of Red Mango.
Plus, the simplw operations set up makes it an easierd concept to roll out in other parts of the Yogurt shops are certainly not a new concept for San Case in point isOrangeCup — a chaijn from the Capital City that is currentlyt open for business at The Shops at La Canterz on the Northwest Side. In OrangeCup was recently honored witha “Hot Retailer” Awar during the 2009 Global Real Estate Conventiom (RECon) of the (ICSC). The award recognizes conceptd that drive customers to shopping centers aroundthe world. however, believes that Red Mango is up for the challengwe of going against competitorslike OrangeCup.
“It’sx a trendy, upscale yogurt shop,” says Valadez of Red “The concept is catching The franchise agreement with Valadeza is one of severalo that Red Mango has signed as part of its push to buildcthe chain’s presence throughout the U.S. Development dealws signed in the first quarter of 2009 are poised to result in some 128 new Red Mangp stores over the nextseveral years. “This has been an incrediblw quarter forRed Mango, and we’rde just getting started,” says James Franks, vice presidengt of franchising for Red Mango.
“The explosivre growth of our brand will help us doubl e our network in 2009 and set the stagw to enter a series of new states inrapi succession.” To that end, Red Mangl has moved its national headquarters from Shermabn Oaks, Calif., to Dallas — a market that has embracedd the concept and offers the yogurt chain significang logistical advantages, according to a recent articler by the , a Busineszs Journal sister publication. Dallaxs is also home to private equity firm CIC which madea $12 million investment in Red Mango last Red Mango was founded in 2002 in Southh Korea. In July 2007, Dan Kim broughg the concept tothe U.S. He servews as president and CEO ofthe firm.
Littl wonder that San Antonio’s medical real estate market is still booming given the national stats on the health care According to a recent analysis by Robert senior vice president and chief economist forSantaa Ana, Calif.-based , employers in the health care and socialp assistance sectors have added nearly half a million jobs since the outset of the economic downturb back in December 2007. The trends driving this Bach adds: The aging of the Baby Boometr group and the development of new treatmeny options formedical conditions.
More good Between December 2007 andMarch 2009, the stat e of Texas was one of a handful that saw an increases in jobs — versus the many states that have lost jobs over this same time • Family fun: Mega-sports retailer will hold a Bass Pro Shopw Family Summer Camp from May 30 to July 5. The activitied and workshops are free of charge and will focus on such topicsx as the basicsof hiking, bird watchint and archery. The campx will run from 3 to 7 p.m. on Tuesdays and Wednesdays, and from noon to 6 p.m. on Saturdayz and Sundays. The local Bass Pro is locatex at17907 IH-10 West, in the Rim shoppingb center in Northwest San Antonio. For more log on: www.basspro.com/camp.
• Kudos: Travis Kessler, presidenft and CEO of the San Antonio Board ofRealtords (SABOR) has received the William R. Magep Award of Excellence. The awarf recognizes Kessler’s work as an associatioj executive of a local or statesRealtor association. Kessler has been involvedf with the organization since1977 when, just out of college, he went to work for the Texax Association of Realtors. After stintds with the Colorado and Lafayette Kessler returned to Texae in1987 — working with the . He has served in his currenf role with SABORsince 1997. • : Earlie r this week, Morningside Ministries, the city of Boernd and the celebrated the opening ofthe .
It includes 40 beds and a mix of privatseand semi-private suites, private showers and various amenitiew for seniors. The Kendall House is one of severall facilities that make up the Menger Springw campus ofMorningside Ministries. The entire developmen is located on some 34 acres of land in which is just northwest of San Menger Springs is one of three elderly care communitiees owned and operated by Morningside Ministries in the SanAntonio
Saturday, October 23, 2010
CoBiz posts $16M Q2 loss, begins stock sale - Denver Business Journal:
http://wemakesites.org/environmental-design-in-architecture
million, or 72 cents per in the second quarter, as the weak economh continued to exact a toll on the officialssaid Monday. The loss compares with a profitof $4.2 million, or 18 centss per share, in the same quartere a year earlier. Denver-based CoBiz (NASDAQ: owns and Arizona Business Bank. The latestt quarter’s results include a $35.1 milliojn pre-tax provision for loan and credig losses, or 150 percent of net charge-offw — which were $23.4 million — for the period. “Wd continue to take a conservative posturew in our provisioning for loan Chairman and CEO Steve Bangert said ina “Our second quarter provision bringes our allowance to loan ratio to nearlg 3.
9 percent, one of the strongest in the While I remain confident in our senior management’e ability to effectively respond to the currentf credit obstacles, we felt it was prudenf to continue building the allowance given the uncertaintt in the economy.” Nonperforming assets endec the quarter at $93.9 million, or 3.7 percen t of total assets, up from $52.5 million or 2 percenf of total assets on March 31. Separately on Monday, CoBi said it had begun a sale ofabout $45 milliomn of its common stock. It will use the proceedsd for generalcorporate purposes, including supporting the capitalp needs of its bank expanding operations, possible acquisitions and working capital needs.
Last CoBiz announced it had hired Colorado and Arizonamarkef presidents, , to oversee banking operations in each market. “We remain focused on building our franchise duringf these challenging times and want to ensure we are positionedd to take advantage of unique markety opportunities that we expect will present themselves,” Bangert said. “To that end, we recentl announced the hiring of Colorado and Arizonqa market presidents who will oversee all bankinvg operations in their respective provide direction for future growth and free up some of our existingg resources to focus on high qualityg businessdevelopment opportunities.
We will also continue to dedicatw appropriate resources through our Special Assetes Group to address resolution ofproblemn loans.”
million, or 72 cents per in the second quarter, as the weak economh continued to exact a toll on the officialssaid Monday. The loss compares with a profitof $4.2 million, or 18 centss per share, in the same quartere a year earlier. Denver-based CoBiz (NASDAQ: owns and Arizona Business Bank. The latestt quarter’s results include a $35.1 milliojn pre-tax provision for loan and credig losses, or 150 percent of net charge-offw — which were $23.4 million — for the period. “Wd continue to take a conservative posturew in our provisioning for loan Chairman and CEO Steve Bangert said ina “Our second quarter provision bringes our allowance to loan ratio to nearlg 3.
9 percent, one of the strongest in the While I remain confident in our senior management’e ability to effectively respond to the currentf credit obstacles, we felt it was prudenf to continue building the allowance given the uncertaintt in the economy.” Nonperforming assets endec the quarter at $93.9 million, or 3.7 percen t of total assets, up from $52.5 million or 2 percenf of total assets on March 31. Separately on Monday, CoBi said it had begun a sale ofabout $45 milliomn of its common stock. It will use the proceedsd for generalcorporate purposes, including supporting the capitalp needs of its bank expanding operations, possible acquisitions and working capital needs.
Last CoBiz announced it had hired Colorado and Arizonamarkef presidents, , to oversee banking operations in each market. “We remain focused on building our franchise duringf these challenging times and want to ensure we are positionedd to take advantage of unique markety opportunities that we expect will present themselves,” Bangert said. “To that end, we recentl announced the hiring of Colorado and Arizonqa market presidents who will oversee all bankinvg operations in their respective provide direction for future growth and free up some of our existingg resources to focus on high qualityg businessdevelopment opportunities.
We will also continue to dedicatw appropriate resources through our Special Assetes Group to address resolution ofproblemn loans.”
Friday, October 22, 2010
Montana workers comp premiums are nation's highest - BusinessWeek
http://joannavargas.com/?attachment_id=2969
Montana workers comp premiums are nation's highest BusinessWeek The study undertaken every two years by the Oregon Department of Consumer and Business Services found Montana's premium rates this year are $3.33 for every ... |
Wednesday, October 20, 2010
bizjournals: New report: 63 of 100 biggest metros lost jobs during Bush years
http://adweightloss.com/2-crucial-weight-loss-management-factors-you-must-know/
Percentage loss: The biggest declines were clusteredc inthe Northeast, with N.J., down 2.8 percent per Hartford down 2.6 percent and New York City down 2.3 How the Big Five did: Chicago and Washingto n eked out small annual increases of 0.5 perceng and 0.3 percent, respectively. The other three areaz lost jobs. New York City faree the worst, with 2.3 percenyt of its employment base slipping away each Overall breakdown: Honolulu had causde for economic complaints during the Clinton era, but no one else really did. Ninety-nine major markets increased employmengt while Clintonwas president, runningb up a total gain of 15.
3 million Honolulu was the only place to suffer a Absolute gain: Atlanta's growth during the Clinton years was breathtaking, resulting in the addition of 632,40o0 jobs, the equivalent of 79,050 per Four other markets gained at least half-a-million Chicago, Phoenix, Dallas and New York Percentage gain: Las Vegas may have seemed whitse hot under the first George Bush, but it turned up the heat whilre Clinton was president, boosting its job-growtnh rate to 7.3 percent per year. Austin, Texas, emergee as the runner-up at 5.9 percent Absolute loss: An easy Honolulu registered the only loss under with 6,100 jobs slipping away. Percentage loss: Honolulu down 0.2 percent per year.
How the Big Five did: It wasn'g quite the Reagan era, but timezs were good. All five areas addecd jobs, led by Washington'zs annual growth rate of 2.4 percent. Los Angelexs brought up the rearat 0.9 percent per George W. Bush (2001-) Overall The nonpartisan National Bureau of Economic Research says the recessionb began inMarch 2001, the dawn of the younged Bush's administration, though it adds that it migh eventually revise the date to late 2000, when Clintobn was still in office. Sixty-three markets have lost jobs since hetook office, while 36 have addefd employment. (Allentown, Pa., is unchanged.) The total loss for the top 100: 1.4 milliobn jobs.
Absolute gain: Riverside-Sanb Bernardino, a market that encompasses Los Angeles' eastern suburbs, has picked up 99,30 0 jobs during the Bush Las Vegas and Washington are neck and neck forseconds place, having added 68,000 and 66,60 0 jobs. Percentage gain: Riverside-San Bernardino also is the leadeer inpercentage terms, increasingb its job base at the annualp pace of 3.2 percent since Bush took office. Next is Las Vegas at 2.9 percent per year, considerablt slower than its pace under the previousthreew presidents. Absolute loss: New York City reelec after the Sept. 11 attacks, whichh triggered a loss of 190,600 jobs during Bush'x first three years.
Next comes San still feeling the effects ofthe dot-com collapse. It has lost 175,700 Percentage loss: Northern California has done the worst in this San Jose's losses translate to an annuak decline of 6 percent, while San Francisco is down 4.2 percentg per year. How the Big Five did: Threew of the five areaa have fewer jobs today than when Bush wassworn in. New York City has sufferex thesharpest drop, 1.5 percent per year. The two metrows on the upside are Washington and with respective annual increasesof 0.8 percent and 0.
1
Percentage loss: The biggest declines were clusteredc inthe Northeast, with N.J., down 2.8 percent per Hartford down 2.6 percent and New York City down 2.3 How the Big Five did: Chicago and Washingto n eked out small annual increases of 0.5 perceng and 0.3 percent, respectively. The other three areaz lost jobs. New York City faree the worst, with 2.3 percenyt of its employment base slipping away each Overall breakdown: Honolulu had causde for economic complaints during the Clinton era, but no one else really did. Ninety-nine major markets increased employmengt while Clintonwas president, runningb up a total gain of 15.
3 million Honolulu was the only place to suffer a Absolute gain: Atlanta's growth during the Clinton years was breathtaking, resulting in the addition of 632,40o0 jobs, the equivalent of 79,050 per Four other markets gained at least half-a-million Chicago, Phoenix, Dallas and New York Percentage gain: Las Vegas may have seemed whitse hot under the first George Bush, but it turned up the heat whilre Clinton was president, boosting its job-growtnh rate to 7.3 percent per year. Austin, Texas, emergee as the runner-up at 5.9 percent Absolute loss: An easy Honolulu registered the only loss under with 6,100 jobs slipping away. Percentage loss: Honolulu down 0.2 percent per year.
How the Big Five did: It wasn'g quite the Reagan era, but timezs were good. All five areas addecd jobs, led by Washington'zs annual growth rate of 2.4 percent. Los Angelexs brought up the rearat 0.9 percent per George W. Bush (2001-) Overall The nonpartisan National Bureau of Economic Research says the recessionb began inMarch 2001, the dawn of the younged Bush's administration, though it adds that it migh eventually revise the date to late 2000, when Clintobn was still in office. Sixty-three markets have lost jobs since hetook office, while 36 have addefd employment. (Allentown, Pa., is unchanged.) The total loss for the top 100: 1.4 milliobn jobs.
Absolute gain: Riverside-Sanb Bernardino, a market that encompasses Los Angeles' eastern suburbs, has picked up 99,30 0 jobs during the Bush Las Vegas and Washington are neck and neck forseconds place, having added 68,000 and 66,60 0 jobs. Percentage gain: Riverside-San Bernardino also is the leadeer inpercentage terms, increasingb its job base at the annualp pace of 3.2 percent since Bush took office. Next is Las Vegas at 2.9 percent per year, considerablt slower than its pace under the previousthreew presidents. Absolute loss: New York City reelec after the Sept. 11 attacks, whichh triggered a loss of 190,600 jobs during Bush'x first three years.
Next comes San still feeling the effects ofthe dot-com collapse. It has lost 175,700 Percentage loss: Northern California has done the worst in this San Jose's losses translate to an annuak decline of 6 percent, while San Francisco is down 4.2 percentg per year. How the Big Five did: Threew of the five areaa have fewer jobs today than when Bush wassworn in. New York City has sufferex thesharpest drop, 1.5 percent per year. The two metrows on the upside are Washington and with respective annual increasesof 0.8 percent and 0.
1
Tuesday, October 19, 2010
Former Greater Chamber CEO joins Bracewell & Giuliani law firm - San Antonio Business Journal:
http://www.septerlaw.com/field-sobriety-testing.html
Now, motivated by a second wind, Krier says he has joinerd the law firm of and will help launcythe firm’s new Public Issues Management Group. Bracewell & Giuliani is a prominengt international law firm with more than 400 lawyers in New York; Washington, Connecticut; Dubai, Kazakhstan and London. Its client list includes Fortune500 companies, major financial institutions, leadingv private investment funds and governmental One of the firm’s most recognized partneras is Rudy Giuliani, former mayor of New York. Earlie r this year, Giuliani was amongb those campaigning for the Republican nomination for presidentr of theUnited States.
Krier began his legal career inthe ’70zs as an associate in the real estatd section of Houston law firm Bracewell & which is now Bracewell & Giuliani. He will now work mostlhy out ofthe firm’s San Antonio office. Tullos Wellw is managing partner ofBracewell Giuliani’s San Antonio He is also a formed classmate of Krier’s at the University of Texas at Wells says the PIM Grouop will offer strategic advice to its clients’ senior-leveol management. That advice, according to Wells, will includr how to integrate informationon “societal, political and regulator y shifts.” So what provoked Kriere to end his retirement?
Krier says it was his relationshil with Wells, his respectr for the firm and the opportunity to help spearhear the launch of PIM. “They have world-class people who do absolutely first-rate says Krier about the Bracewell & Giuliani “What we’re doing is taking advantage ofthis firm’ s wonderful expertise and utilizing it in a different way.” Krier says the timint for the PIM launch is ideal. “There are an increasintg number of larger corporations which are running into the need to seek out help on any numbeerof issues,” he says. Wells says Bracewelo & Giuliani has been doing some strategic work for a numbe r of clients forsome time.
But the new PIM he says, represents an opportunity to expand upon thosw opportunities on a national and internationalo scale with a growinh number ofpotential clients. “We had all theser auto parts lying around on the Wells says. “We decided it was time to make an Wells also says the availabilityg of Krier served as a catalysg in ramping up thePIM “Having Joe Krier gives us the chance to elevater this effort, particularly here in Wells explains. “That opportunity is now driving a lot ofour “There aren’t too many Joe Kriers on the planet,” Well s adds.
“What he is going to do for our clientw is what he has done for businesses over the last 20 Former Texas Congressman Jim Chapman is co-chair of Bracewelp & Giuliani’s government relations practice. He says the new PIM Group will alloe the firm to offer something truly distinctive tothe “The X factor with the PIM Groulp is that we can deliver the capabilityh not only to implement thesw strategies, but (also to) provide strategic advic e that is relevant to our client s far beyond their government relations shop,” Chapmajn says.
The PIM Group will operate withinBracewell & Giuliani’s Government Relations and Advocacy The other co-chair is Scott Segal, a recognized strategisty and media commentator on energt and environmental issues.
Now, motivated by a second wind, Krier says he has joinerd the law firm of and will help launcythe firm’s new Public Issues Management Group. Bracewell & Giuliani is a prominengt international law firm with more than 400 lawyers in New York; Washington, Connecticut; Dubai, Kazakhstan and London. Its client list includes Fortune500 companies, major financial institutions, leadingv private investment funds and governmental One of the firm’s most recognized partneras is Rudy Giuliani, former mayor of New York. Earlie r this year, Giuliani was amongb those campaigning for the Republican nomination for presidentr of theUnited States.
Krier began his legal career inthe ’70zs as an associate in the real estatd section of Houston law firm Bracewell & which is now Bracewell & Giuliani. He will now work mostlhy out ofthe firm’s San Antonio office. Tullos Wellw is managing partner ofBracewell Giuliani’s San Antonio He is also a formed classmate of Krier’s at the University of Texas at Wells says the PIM Grouop will offer strategic advice to its clients’ senior-leveol management. That advice, according to Wells, will includr how to integrate informationon “societal, political and regulator y shifts.” So what provoked Kriere to end his retirement?
Krier says it was his relationshil with Wells, his respectr for the firm and the opportunity to help spearhear the launch of PIM. “They have world-class people who do absolutely first-rate says Krier about the Bracewell & Giuliani “What we’re doing is taking advantage ofthis firm’ s wonderful expertise and utilizing it in a different way.” Krier says the timint for the PIM launch is ideal. “There are an increasintg number of larger corporations which are running into the need to seek out help on any numbeerof issues,” he says. Wells says Bracewelo & Giuliani has been doing some strategic work for a numbe r of clients forsome time.
But the new PIM he says, represents an opportunity to expand upon thosw opportunities on a national and internationalo scale with a growinh number ofpotential clients. “We had all theser auto parts lying around on the Wells says. “We decided it was time to make an Wells also says the availabilityg of Krier served as a catalysg in ramping up thePIM “Having Joe Krier gives us the chance to elevater this effort, particularly here in Wells explains. “That opportunity is now driving a lot ofour “There aren’t too many Joe Kriers on the planet,” Well s adds.
“What he is going to do for our clientw is what he has done for businesses over the last 20 Former Texas Congressman Jim Chapman is co-chair of Bracewelp & Giuliani’s government relations practice. He says the new PIM Group will alloe the firm to offer something truly distinctive tothe “The X factor with the PIM Groulp is that we can deliver the capabilityh not only to implement thesw strategies, but (also to) provide strategic advic e that is relevant to our client s far beyond their government relations shop,” Chapmajn says.
The PIM Group will operate withinBracewell & Giuliani’s Government Relations and Advocacy The other co-chair is Scott Segal, a recognized strategisty and media commentator on energt and environmental issues.
Sunday, October 17, 2010
Wells Fargo continues integration of Wachovia with name change - Sacramento Business Journal:
tarpleypymibujuh1491.blogspot.com
The change reflects the bank’s continuer integration with , which acquired Charlotte-based on Dec. 31. “By adopting the Wells Fargo nameand brand, we’rw now fully part of one of the world’s most respecter financial companies,” says Neil chief executive of Wells Fargo Bank “We look forward to satisfying all of our clients’ financial needs across Europe and helpinb them succeed financially.
” Wells Fargo Bank International is a Europeaj Union bank headquartered in In addition, Wells Fargo’s investment-bankinh and capital-markets businesses, which formerly operated under the Wachoviqa Securities and certain Wells Fargo brands, have taken the name Wellas Fargo Securities. Retail brokerage products and servicees formerly marketed as Wachovia Securities are now offeredc through WellsFargo Advisors. Wells Fargo is based in San Francisco.
The change reflects the bank’s continuer integration with , which acquired Charlotte-based on Dec. 31. “By adopting the Wells Fargo nameand brand, we’rw now fully part of one of the world’s most respecter financial companies,” says Neil chief executive of Wells Fargo Bank “We look forward to satisfying all of our clients’ financial needs across Europe and helpinb them succeed financially.
” Wells Fargo Bank International is a Europeaj Union bank headquartered in In addition, Wells Fargo’s investment-bankinh and capital-markets businesses, which formerly operated under the Wachoviqa Securities and certain Wells Fargo brands, have taken the name Wellas Fargo Securities. Retail brokerage products and servicees formerly marketed as Wachovia Securities are now offeredc through WellsFargo Advisors. Wells Fargo is based in San Francisco.
Saturday, October 16, 2010
bizjournals: Search Results
ernstiryastrov.blogspot.com
a division of...heart of The , off Corporatee Boulevard...national real estate company that by onDecember 15, 2006 ...Opus Southy . is developing a...building at the Office Park in...square-foot office at 11474 on May 20, 2002 La Clinica Good Hope Mirafloresdin Lima, Peru, is building a new patient tower modeled afteer the Ginsburg Tower, which is being builg at...... on June 16, 2008 ...clientw without interruption. Pelican Bay will move its Centra Florida...for the development of the Shoppes. The on November 26, 2007 ...the McDonald . In other leasing...the tenant. FCE . leaseds 13,598...office space on Boulevar d in Orlando...... by on September 10, 2007 ...
buf have not tightened credit conditions at allfor consumers."
a division of...heart of The , off Corporatee Boulevard...national real estate company that by onDecember 15, 2006 ...Opus Southy . is developing a...building at the Office Park in...square-foot office at 11474 on May 20, 2002 La Clinica Good Hope Mirafloresdin Lima, Peru, is building a new patient tower modeled afteer the Ginsburg Tower, which is being builg at...... on June 16, 2008 ...clientw without interruption. Pelican Bay will move its Centra Florida...for the development of the Shoppes. The on November 26, 2007 ...the McDonald . In other leasing...the tenant. FCE . leaseds 13,598...office space on Boulevar d in Orlando...... by on September 10, 2007 ...
buf have not tightened credit conditions at allfor consumers."
Thursday, October 14, 2010
4 Landmarks of Medina in Marrakech - Venere Travel Blog (blog)
aplecheevlgupy.blogspot.com
4 Landmarks of Medina in Marrakech Venere Travel Blog (blog) At Djemaa El-Fna, the famous square of the historic town, acrobats, dancing boys, magicians, senthir players, snake charmers and storytellers still ... |
Wednesday, October 13, 2010
High-rise nursery move is purely based on safety - Scotsman
xysecurakihir.blogspot.com
High-rise nursery move is purely based on safety Scotsman Cllr MacLaren insisted that the decision to decant children from Westfield Court to Tynecastle and Calderglen nurseries was purely based on health and ... |
Monday, October 11, 2010
Razorbacks lead Nicklaus tourney with 1 round left - USA Today
http://beaverpondmillworks.com/Free-Debit-Card/Delayed-Debit-Card/
Oklahoma State Athletics | Razorbacks lead Nicklaus tourney with 1 round left USA Today COLUMBUS, Ohio (AP) â€" Razorback golfer Jamie Marsh » |
Sunday, October 10, 2010
Chic bar takes place of Chinatown dive - Minneapolis / St. Paul Business Journal:
nadezhdaqedyxos.blogspot.com
SoHo will open at 80 S. Pauahi Street in a renovated 5,500 square-foot space that will includes a bar and an area for live The PauahiStreet location, betweem Bethel Street and Fort Street Mall and near , was occupiedr by Mall Cafe until April. That bar had been cited by the Honolulu Liquor Commission in recenf months for unsanitary conditions and for overserving The commission also receiveed a petition from community members opposing the renewalp ofMall Cafe’s license because of alleged drug dealing and frequent fights. Mall Cafe’x former owner, Saiming had been trying to transfee its liquor license tothe landlord, Unionh Mill Investment.
SoHo owner Daniel Gray, former general manager of the Loft Galleruy and Lounge on Hotel said he was approached by Union Mill Investment to open a new venued inthe spot. Gray plans to open part of theloungw — 3,000 square feet — for this month’s First Friday eventf downtown, and open the remaining spacse in August. Gray describes the new venues as a mixof music, fashion and photography in a trendy and upscale setting. The SoHo name stemzs from the New York City neighborhoodf and a blend of and “Honolulu”.
SoHo will open at 80 S. Pauahi Street in a renovated 5,500 square-foot space that will includes a bar and an area for live The PauahiStreet location, betweem Bethel Street and Fort Street Mall and near , was occupiedr by Mall Cafe until April. That bar had been cited by the Honolulu Liquor Commission in recenf months for unsanitary conditions and for overserving The commission also receiveed a petition from community members opposing the renewalp ofMall Cafe’s license because of alleged drug dealing and frequent fights. Mall Cafe’x former owner, Saiming had been trying to transfee its liquor license tothe landlord, Unionh Mill Investment.
SoHo owner Daniel Gray, former general manager of the Loft Galleruy and Lounge on Hotel said he was approached by Union Mill Investment to open a new venued inthe spot. Gray plans to open part of theloungw — 3,000 square feet — for this month’s First Friday eventf downtown, and open the remaining spacse in August. Gray describes the new venues as a mixof music, fashion and photography in a trendy and upscale setting. The SoHo name stemzs from the New York City neighborhoodf and a blend of and “Honolulu”.
Friday, October 8, 2010
Virgin America may add another U.S. investor - San Francisco Business Times:
framptongeqeaqu1461.blogspot.com
The airline’s CEO, Davird Cush, told Bloomberg news service that “Certainly one or more will come to fruition before year Those expressions are a lot firmerf than they have beenin past. There is more capitak available than there was sixmonths ago. The risk toleranc has improved.” Cush did not say who may how much money will be committed or terms of the Bloomberg reported. Cush reiterated a previouds forecast that Virgin America will have an operatint profitin 2010, three years afterd its first flight. The U.S.
Department of Transportation said this month it is reviewingtVirgin America’s ownership amid report that majority shareholders and Black Canyob Capital LLC sold stakes to London-based , the holdinhg company owned by British billionaire Richard U.S. law prohibits non-U.S. citizens from owning more than 25 perceng ofan airline. and othersa have pressed Virgin America for more detailz ofits ownership. Cush told Bloomberg he will meet withthe U.S. Transportatio Department to “bring them up to on ownership andpotential investors. The low-cost carrietr got five written proposals, Cush said. Cush has stated that Virgin America continues to be in compliancewith U.S. ownershil laws.
But he has declined to confirm whether Cyrus or Black Canyomn sold their stakes or whether thosre investors plan todo so. Virgin America lost less monegy and came closer to filling its airplanes in thefirsgt quarter. The company lost $40.3 milliom on $100.8 million in sales during the compared with a lossof $52 million on $52.89 million in revenue in the year-ago quarter. Begun in 2007, Virgin America was originally conceiverdby Branson, who owns 25 percenf of the company. Virgin America serves nine includingSan Francisco, Los Angeles, New York and Washington D.C.
The airline’s CEO, Davird Cush, told Bloomberg news service that “Certainly one or more will come to fruition before year Those expressions are a lot firmerf than they have beenin past. There is more capitak available than there was sixmonths ago. The risk toleranc has improved.” Cush did not say who may how much money will be committed or terms of the Bloomberg reported. Cush reiterated a previouds forecast that Virgin America will have an operatint profitin 2010, three years afterd its first flight. The U.S.
Department of Transportation said this month it is reviewingtVirgin America’s ownership amid report that majority shareholders and Black Canyob Capital LLC sold stakes to London-based , the holdinhg company owned by British billionaire Richard U.S. law prohibits non-U.S. citizens from owning more than 25 perceng ofan airline. and othersa have pressed Virgin America for more detailz ofits ownership. Cush told Bloomberg he will meet withthe U.S. Transportatio Department to “bring them up to on ownership andpotential investors. The low-cost carrietr got five written proposals, Cush said. Cush has stated that Virgin America continues to be in compliancewith U.S. ownershil laws.
But he has declined to confirm whether Cyrus or Black Canyomn sold their stakes or whether thosre investors plan todo so. Virgin America lost less monegy and came closer to filling its airplanes in thefirsgt quarter. The company lost $40.3 milliom on $100.8 million in sales during the compared with a lossof $52 million on $52.89 million in revenue in the year-ago quarter. Begun in 2007, Virgin America was originally conceiverdby Branson, who owns 25 percenf of the company. Virgin America serves nine includingSan Francisco, Los Angeles, New York and Washington D.C.
Thursday, October 7, 2010
Investors plan to reopen Five Points Music Hall - Birmingham Business Journal:
http://www.free-artz.com/?p=902
Jeff Manns, member of the Birmingham-basee band U.S. and operatorr of several music clubsin Jackson, Miss., said he and a group of others will reopen the club in about a montnh to its former glory. The site in Five Points South was home to a former music club with the same name that featureds local and national acts and later home to Banana which closed last year aftert public outcry overa late-night shooting in the parking lot.
Mannxs said security concerns will be addresse with additional security staff andthe club’s only entrancre will be through the fron t on 20th Street South, not in the After minor renovations, he said, Five Pointxs South’s newest addition will feature a live music venue for a varietyy of genres, including rock and jazz and an oyster pub. Mannas said plans call for the pub to frontg 20th Street and be open seven daysa week, while the live musicf venue will be open only when acts are scheduled. Last the Birmingham City Council approvedthe club’a liquor license.
And as the grand opening act for the Five PointwsMusic Hall, Manns said he’s currently working on nabbing saxophonist David Sanborn.
Jeff Manns, member of the Birmingham-basee band U.S. and operatorr of several music clubsin Jackson, Miss., said he and a group of others will reopen the club in about a montnh to its former glory. The site in Five Points South was home to a former music club with the same name that featureds local and national acts and later home to Banana which closed last year aftert public outcry overa late-night shooting in the parking lot.
Mannxs said security concerns will be addresse with additional security staff andthe club’s only entrancre will be through the fron t on 20th Street South, not in the After minor renovations, he said, Five Pointxs South’s newest addition will feature a live music venue for a varietyy of genres, including rock and jazz and an oyster pub. Mannas said plans call for the pub to frontg 20th Street and be open seven daysa week, while the live musicf venue will be open only when acts are scheduled. Last the Birmingham City Council approvedthe club’a liquor license.
And as the grand opening act for the Five PointwsMusic Hall, Manns said he’s currently working on nabbing saxophonist David Sanborn.
Tuesday, October 5, 2010
Dayton employment to remain sluggish into third quarter - New Mexico Business Weekly:
http://energitiki.com/Beauty/Juicy-Couture/
Tom Traynor, an economics professor at Wright States and author ofthe report, said unemployment increasea will continue at their accelerated pace into the thircd quarter of this year. The Dayton Metropolitan Statisticak Area, which includes Montgomery, Greene, Miamui and Preble counties, is projected to lose 6,00p to 7,000 jobs in the thirde quarter. That would drop employment to 373,900, down from 380,400 in the firsrt quarter of the year, a 2 percenft decline. The hardest-hit area is one the Dayton area has longreliefd on, manufacturing. “Manufacturing employment will fall Traynor said.
Forecasts from the report show employment in the sectofr fallingfrom 42,300 in the first quarte r of this year to 36,100 by the thir quarter, a nearly 15 percent Durable goods manufacturing will be hit in Traynor said. “People aren’t spending. They are waitint to buy a new car or that new he said. Retail and service employment are also expecte dto decrease. Retail employment is expected to dropto 39,10o0 by the third quarter, down from 40,000 in the firstr quarter, a 2 percent drop.
Service which includes financial service, business utilities and leisure service, is projected to decreasw to 324,200 by the thirfd quarter, down from 326,700 in the firsy quarter, a nearly 1 percent decline. “The next year to year and a half will be an unpleasanrt time forthe region,” Traynoer said. Construction employment is expecteed to rise as a part of seasonal to 13,400 from 11,400 in the firs quarter, but that is 1,000 jobs fewedr than the same time period last year. One area of employment that isn’ expected to be hit hard is health care.
In Traynor said he expects health care to add some jobs by thethirc quarter, going up to 56,50p from 56,300 in the first quarter. He said the rate of decliner in gross domestic productwill slow, but remain negativ e through the third quarter and maybe into the fourth quartetr of this year. Even when GDP does become positive it will take some time for employment to pick up becauser it is a lagginv indicator ofeconomic recovery. Traynor said therd is a great deal of uncertainty stil on thenational level, as businesses try to determinre the impact of governmeng actions. Traynor said the problem of high unemploymenft is not going away anytime soon.
“This is something we’re going to be living with for quitda while, well into next year,” he
Tom Traynor, an economics professor at Wright States and author ofthe report, said unemployment increasea will continue at their accelerated pace into the thircd quarter of this year. The Dayton Metropolitan Statisticak Area, which includes Montgomery, Greene, Miamui and Preble counties, is projected to lose 6,00p to 7,000 jobs in the thirde quarter. That would drop employment to 373,900, down from 380,400 in the firsrt quarter of the year, a 2 percenft decline. The hardest-hit area is one the Dayton area has longreliefd on, manufacturing. “Manufacturing employment will fall Traynor said.
Forecasts from the report show employment in the sectofr fallingfrom 42,300 in the first quarte r of this year to 36,100 by the thir quarter, a nearly 15 percent Durable goods manufacturing will be hit in Traynor said. “People aren’t spending. They are waitint to buy a new car or that new he said. Retail and service employment are also expecte dto decrease. Retail employment is expected to dropto 39,10o0 by the third quarter, down from 40,000 in the firstr quarter, a 2 percent drop.
Service which includes financial service, business utilities and leisure service, is projected to decreasw to 324,200 by the thirfd quarter, down from 326,700 in the firsy quarter, a nearly 1 percent decline. “The next year to year and a half will be an unpleasanrt time forthe region,” Traynoer said. Construction employment is expecteed to rise as a part of seasonal to 13,400 from 11,400 in the firs quarter, but that is 1,000 jobs fewedr than the same time period last year. One area of employment that isn’ expected to be hit hard is health care.
In Traynor said he expects health care to add some jobs by thethirc quarter, going up to 56,50p from 56,300 in the first quarter. He said the rate of decliner in gross domestic productwill slow, but remain negativ e through the third quarter and maybe into the fourth quartetr of this year. Even when GDP does become positive it will take some time for employment to pick up becauser it is a lagginv indicator ofeconomic recovery. Traynor said therd is a great deal of uncertainty stil on thenational level, as businesses try to determinre the impact of governmeng actions. Traynor said the problem of high unemploymenft is not going away anytime soon.
“This is something we’re going to be living with for quitda while, well into next year,” he
Monday, October 4, 2010
Bunge building Washington grain terminal - Pacific Business News (Honolulu):
raisavydyexuwowi.blogspot.com
Called EGT Development, the project will be the firs t export terminal built in the Unitexd States in more than two The terminal will be capable of handling oilseeds and protein meals and feature a rail loop tracik unloading system capable of holdingfour 110-carr trains. ITOCHU is the second largestt marketer of grain and food productsin Japan, and STX Pan Ocea n of Korea ships agricultural products. Bungwe has oilseed processing assetsin China, an ownership stakre in the Phu My port in Vietna and is a significant seller into the Asian market. Bunge is the majority partner inthe project.
The grain terminal will create about 50 jobs and providdabout $2 million in tax revenue, said Bailey vice president and general managed of Bunge Grain. Construction will begin this montbh with the facility accepting product for the fall2011 St. Louis-based Bunge North the North American operating arm ofWhitw Plains, N.Y.-based (NYSE: BG), is a food and feed ingredient company that operates grain elevators, grainn and oilseed processing plants, refineries and food processinfg facilities in the U.S., Canada and Alberto Weisser is chairman and CEO of Bunge Carl Hausmann is CEO of Bunge North America.
Called EGT Development, the project will be the firs t export terminal built in the Unitexd States in more than two The terminal will be capable of handling oilseeds and protein meals and feature a rail loop tracik unloading system capable of holdingfour 110-carr trains. ITOCHU is the second largestt marketer of grain and food productsin Japan, and STX Pan Ocea n of Korea ships agricultural products. Bungwe has oilseed processing assetsin China, an ownership stakre in the Phu My port in Vietna and is a significant seller into the Asian market. Bunge is the majority partner inthe project.
The grain terminal will create about 50 jobs and providdabout $2 million in tax revenue, said Bailey vice president and general managed of Bunge Grain. Construction will begin this montbh with the facility accepting product for the fall2011 St. Louis-based Bunge North the North American operating arm ofWhitw Plains, N.Y.-based (NYSE: BG), is a food and feed ingredient company that operates grain elevators, grainn and oilseed processing plants, refineries and food processinfg facilities in the U.S., Canada and Alberto Weisser is chairman and CEO of Bunge Carl Hausmann is CEO of Bunge North America.
Saturday, October 2, 2010
BB&T donates $500K to Queens University - The Business Journal of the Greater Triad Area:
framptongeqeaqu1461.blogspot.com
The funds will be used to establisthe BB&T Program for the Moral and Philosophical Foundations of Capitalism, whic h will focus on the philosophy underlying capitalism. “Therd is overwhelming evidence that capitalism produces a highefr economic standardof BB&T Chairman John Allison wrote in a letter to Queens Presidengt Pamela Davies. “However, capitalism is perceivesd to be either amoralor immoral. How can an immora l economic system produce abettef outcome? We believe there needs to be a deeper understanding of the morality of capitalism.
” Alliso n said he believes the best moral defensd of capitalism is presented in Ayn Rand’as 1957 novel Atlas Shrugged, and he is interestede in seeing Rand’s philosophy of objectivismm become more widely discussed in Winston-Salem-based BB&T (NYSE:BBT) has sponsored severall similar programs on the moral foundations of capitalismk at other U.S. universities. The Ayn Rand Institute of Calif., helps BB&T coordinate those programs. “Diversith of thought is one of the statede values of our McColl School of and we are pleasexd that this giftfrom BB&T will help us encouraged examination of capitalism from a wided range of perspectives,” Davies says.
She says BB&T’s donatiojn will fund an annual leadership retreat for interestefd McCollSchool students. Participants will spend a weekendf in the fall at Wildacres Retreat inthe N.C. mountainxs and discuss the morality of capitalismj and the tenets of afree market. On the Queene campus, the McColl School and the university’s Center for Religio and Ethics will collaborate to produceethe BB&T Distinguished Lecture Series that will explorer philosophical issues around capitalism.
Selected Queens facultyu and students also will participate in othe r programs provided through the Ayn Rand Queenshas 2,300 undergraduate and graduate
The funds will be used to establisthe BB&T Program for the Moral and Philosophical Foundations of Capitalism, whic h will focus on the philosophy underlying capitalism. “Therd is overwhelming evidence that capitalism produces a highefr economic standardof BB&T Chairman John Allison wrote in a letter to Queens Presidengt Pamela Davies. “However, capitalism is perceivesd to be either amoralor immoral. How can an immora l economic system produce abettef outcome? We believe there needs to be a deeper understanding of the morality of capitalism.
” Alliso n said he believes the best moral defensd of capitalism is presented in Ayn Rand’as 1957 novel Atlas Shrugged, and he is interestede in seeing Rand’s philosophy of objectivismm become more widely discussed in Winston-Salem-based BB&T (NYSE:BBT) has sponsored severall similar programs on the moral foundations of capitalismk at other U.S. universities. The Ayn Rand Institute of Calif., helps BB&T coordinate those programs. “Diversith of thought is one of the statede values of our McColl School of and we are pleasexd that this giftfrom BB&T will help us encouraged examination of capitalism from a wided range of perspectives,” Davies says.
She says BB&T’s donatiojn will fund an annual leadership retreat for interestefd McCollSchool students. Participants will spend a weekendf in the fall at Wildacres Retreat inthe N.C. mountainxs and discuss the morality of capitalismj and the tenets of afree market. On the Queene campus, the McColl School and the university’s Center for Religio and Ethics will collaborate to produceethe BB&T Distinguished Lecture Series that will explorer philosophical issues around capitalism.
Selected Queens facultyu and students also will participate in othe r programs provided through the Ayn Rand Queenshas 2,300 undergraduate and graduate
Friday, October 1, 2010
Canadian Arrow updates on Alexo and Kelex nickel projects - SteelGuru
kapitonragomo.blogspot.com
Canadian Arrow updates on Alexo and Kelex nickel projects SteelGuru ... quick cash-flow with minimal capital outlay as an alternative to equity financing for development of our larger, primary Kenbridge nickel project. ... |
Wednesday, September 29, 2010
Martha Canfield Library catalog to go online - Manchester Journal
http://ihrcbelfast.com/products_1.html
Martha Canfield Library catalog to go online Manchester Journal ARLINGTON - The Martha Canfield Library has been offered a grant from the Vermont Country Store to help put the library catalog online that anyone can ... |
Tuesday, September 28, 2010
Dallas unemployment drops to 6.6 percent - Dallas Business Journal:
http://thegamesstore.com/index.php?productID=1609
percent in April, according to the . That is down slightly from 7 percenyin March, but still higherr than the 4.1 percent unemploymenyt rate recorded in the area in April of U.S. Department of Labor Bureau of Labor Statisticssaid Wednesday. The Department of Labor's statistics in this repor were notseasonally adjusted. The North Texaes regional area included in the survey had a civiliah labor forcewith 3.158 million workers in April, and 209,000 were unemploye d within that labor group, the report indicates. The Dallas-For Worth-Arlington market in Aprik had a civilian labofr forceof 3.112 million workers a year ago, when only 126,0090 were unemployed.
In Texas, McAllen-Edinburg-Mission, Brownsville-Harlingej and Beaumont-Port Arthur all had April unemployment rates greatere than8 percent, while Austin'se was at 5.8 percent, Houston was 6.3 percentt and San Antonio was 5.4 percent. The U.S. unemploymenty rate in April was 8.6 percent.
percent in April, according to the . That is down slightly from 7 percenyin March, but still higherr than the 4.1 percent unemploymenyt rate recorded in the area in April of U.S. Department of Labor Bureau of Labor Statisticssaid Wednesday. The Department of Labor's statistics in this repor were notseasonally adjusted. The North Texaes regional area included in the survey had a civiliah labor forcewith 3.158 million workers in April, and 209,000 were unemploye d within that labor group, the report indicates. The Dallas-For Worth-Arlington market in Aprik had a civilian labofr forceof 3.112 million workers a year ago, when only 126,0090 were unemployed.
In Texas, McAllen-Edinburg-Mission, Brownsville-Harlingej and Beaumont-Port Arthur all had April unemployment rates greatere than8 percent, while Austin'se was at 5.8 percent, Houston was 6.3 percentt and San Antonio was 5.4 percent. The U.S. unemploymenty rate in April was 8.6 percent.
Sunday, September 26, 2010
City council gives Austin Energy the go-ahead for major solar project - Austin Business Journal:
http://www.stjoeblacksnakes.com/schedule-promotions.php
Inserting last-minute caveats, council members gave the go-aheadd for to build the 300-acre solar array that would generate 30-megawatts annually, enough electricity to power 5,000 homes. However, the council requested that any federalo investment tax credits or similar rebates Geminio Solar receives from the project be passed through to the city and Austi n Energy to reduce any related fuel cost chargew passed on tothe utility’z customers. Gemini Solar president Kristins Peterson said the tax credits that were initiateds by the 2005 Energy Bill and extended by Congress last Octobed for eight years have already been factored into the price the firm submitted toAustimn Energy.
Such tax credits amount to 30 percenft ofa project’s development cost, but she declined to disclosd the ITC amount Gemini is expecting to receiver from the Webberville project. The last-minute itemas added to the agreement by City Counciol pertain to possible additional loan guarantees and cash grant s that could be provided through the recentlgy enacted federalstimulus package, Peterson The council also amendedc its approval with a requesy that the city create a stakeholder process with a council-appointede task force.
Comprising members from all sidesd ofthe issue, the task force woulc formulate a renewable energy plan and providw input before a project is selected by Austinb Energy for bid or proposal. The task force would also incorporats conservation, the current financialp climate, updated demand forecasts, changing technology, and state/federao stimulus programs. The solar array is scheduled to be operating byDecember 2010. City Council’ss approval came after an ad hoccoalition — called the Solar Electricx Manufacturers in Texas, or SEMI Texas requested Gemini Solar to restructured its deal so U.S. companies can participate in the project, which is estimatedf to be worth $180 million.
The coalition proposed a series ofthred 10-megawatt projects to give local panel makers time to get their plants operating in time to suppl the project. Instead, Gemini plans to get the project’ s 220,000 solar panels from a Chinesemanufacturer . The SEMI Texazs coalition lists five founding TekSUN PV, Apache-Solar Corp., , Energy Semiconductor Corp. and Solar The restructuring suggested by the coalition would givesuch start-upp companies an early boost and effectivelyt seed fund a local sola industry, said group organizer Dan founder of local solar energy company He points out that the city and Austimn Chamber of Commerce are eager to establish such green-collar jobs.
“If people could be creative in their they would see this is he said. But Councilman Brewster McCracke said procurement laws prevent the restructurinv without repeating thebid Also, dividing the project into three phases coulsd negate the economies of scale that reducre the cost of such projects, said Paul Hudson, chairma n of the Center for the Commercialization of Electricityu Technologies in Austin. Austin Energy officials declined to commenft on the Gemini deal except to say the sourcwe of thepanels isn’t a major concern comparedd with getting the best price.
The city-ownee utility referred questions toGemink Solar, which is planning to complete the projectr with financial backing by MMA Renewablw Ventures and Suntech Power. MMA Renewablew Ventures, a division of Baltimore-based , also declinee to comment. Citing the cost of the Webberville project and the recen acquisition of MMA by aSpanish company, Carole Keeto n Strayhorn, an Austin mayoral candidate, urged the counciol not to contract with Gemini Solar. Althougy Austin is being positioned to become a hub of cleantecjh innovation bylocal officials, no Texas companiex are ready to produce solar panels, industrt officials said.
Eight to 10 solar companies are considerinvg Austin as a location for future manufacturing plants because they can use the loca l worker pool from the semiconductor saidJose Beceiro, director of cleab energy for the Austinh Chamber of Commerce. Austin-basedc HelioVolt Corp., which develops thin-film solae energy panels using apatented technology, is the only locaol solar panel maker that’s in the pipeline. The compang raised $101 million in venture capitallin 2007, but it isn’t scheduled to reach full-scale production until 2010. HelioVolt foundere B.J. Stanbery and two company spokesmen didn’t respond to requestxs for comment. Several U.S.
companies, such as Massachusetts-basefd and Maryland-based Sun Edison LLC, are capable of producinhg enough panels to supply the saidCraig Overmiller, one of the founders of “Thee city of Austin and the City Council reallh need to rethink” the Webberville said Overmiller, who is not a part of the coalitio n urging the city to modifyu the Gemini deal. “I think they rushed into Austin Energy wouldpay $250 million, $10 million a year for 25 for the electricity the solar array would generate.
Once it’s Gemini Solar would be eligiblde for anestimated $60 millioh — about one-third the project’sd estimated cost — through the federalp investment tax credit program. Earlier this week, Austij Energy general manager Roger Duncanj issued a memorandum indicating that Gemini Solar hasagreer “that the value of the [investment tax credit] benefits will be shares with Austin Energy.
”
Inserting last-minute caveats, council members gave the go-aheadd for to build the 300-acre solar array that would generate 30-megawatts annually, enough electricity to power 5,000 homes. However, the council requested that any federalo investment tax credits or similar rebates Geminio Solar receives from the project be passed through to the city and Austi n Energy to reduce any related fuel cost chargew passed on tothe utility’z customers. Gemini Solar president Kristins Peterson said the tax credits that were initiateds by the 2005 Energy Bill and extended by Congress last Octobed for eight years have already been factored into the price the firm submitted toAustimn Energy.
Such tax credits amount to 30 percenft ofa project’s development cost, but she declined to disclosd the ITC amount Gemini is expecting to receiver from the Webberville project. The last-minute itemas added to the agreement by City Counciol pertain to possible additional loan guarantees and cash grant s that could be provided through the recentlgy enacted federalstimulus package, Peterson The council also amendedc its approval with a requesy that the city create a stakeholder process with a council-appointede task force.
Comprising members from all sidesd ofthe issue, the task force woulc formulate a renewable energy plan and providw input before a project is selected by Austinb Energy for bid or proposal. The task force would also incorporats conservation, the current financialp climate, updated demand forecasts, changing technology, and state/federao stimulus programs. The solar array is scheduled to be operating byDecember 2010. City Council’ss approval came after an ad hoccoalition — called the Solar Electricx Manufacturers in Texas, or SEMI Texas requested Gemini Solar to restructured its deal so U.S. companies can participate in the project, which is estimatedf to be worth $180 million.
The coalition proposed a series ofthred 10-megawatt projects to give local panel makers time to get their plants operating in time to suppl the project. Instead, Gemini plans to get the project’ s 220,000 solar panels from a Chinesemanufacturer . The SEMI Texazs coalition lists five founding TekSUN PV, Apache-Solar Corp., , Energy Semiconductor Corp. and Solar The restructuring suggested by the coalition would givesuch start-upp companies an early boost and effectivelyt seed fund a local sola industry, said group organizer Dan founder of local solar energy company He points out that the city and Austimn Chamber of Commerce are eager to establish such green-collar jobs.
“If people could be creative in their they would see this is he said. But Councilman Brewster McCracke said procurement laws prevent the restructurinv without repeating thebid Also, dividing the project into three phases coulsd negate the economies of scale that reducre the cost of such projects, said Paul Hudson, chairma n of the Center for the Commercialization of Electricityu Technologies in Austin. Austin Energy officials declined to commenft on the Gemini deal except to say the sourcwe of thepanels isn’t a major concern comparedd with getting the best price.
The city-ownee utility referred questions toGemink Solar, which is planning to complete the projectr with financial backing by MMA Renewablw Ventures and Suntech Power. MMA Renewablew Ventures, a division of Baltimore-based , also declinee to comment. Citing the cost of the Webberville project and the recen acquisition of MMA by aSpanish company, Carole Keeto n Strayhorn, an Austin mayoral candidate, urged the counciol not to contract with Gemini Solar. Althougy Austin is being positioned to become a hub of cleantecjh innovation bylocal officials, no Texas companiex are ready to produce solar panels, industrt officials said.
Eight to 10 solar companies are considerinvg Austin as a location for future manufacturing plants because they can use the loca l worker pool from the semiconductor saidJose Beceiro, director of cleab energy for the Austinh Chamber of Commerce. Austin-basedc HelioVolt Corp., which develops thin-film solae energy panels using apatented technology, is the only locaol solar panel maker that’s in the pipeline. The compang raised $101 million in venture capitallin 2007, but it isn’t scheduled to reach full-scale production until 2010. HelioVolt foundere B.J. Stanbery and two company spokesmen didn’t respond to requestxs for comment. Several U.S.
companies, such as Massachusetts-basefd and Maryland-based Sun Edison LLC, are capable of producinhg enough panels to supply the saidCraig Overmiller, one of the founders of “Thee city of Austin and the City Council reallh need to rethink” the Webberville said Overmiller, who is not a part of the coalitio n urging the city to modifyu the Gemini deal. “I think they rushed into Austin Energy wouldpay $250 million, $10 million a year for 25 for the electricity the solar array would generate.
Once it’s Gemini Solar would be eligiblde for anestimated $60 millioh — about one-third the project’sd estimated cost — through the federalp investment tax credit program. Earlier this week, Austij Energy general manager Roger Duncanj issued a memorandum indicating that Gemini Solar hasagreer “that the value of the [investment tax credit] benefits will be shares with Austin Energy.
”
Saturday, September 25, 2010
Wiring circuit boards for success - Houston Business Journal:
http://aworkingshoppingcart.com/index.php?register=yes
Nick Barbin, co-founder, president and CEO, said that the which designs and makes the boards on a small is always searching for new customers to replace those who fold orget acquired. “I would have to say we’ve had complete turnover on our custome r list maybe two or thresetimes over,” he said. But that’s a game that Pleasanton-based Optimuk Design has been winning. From 2006 to 2008, the company’s revenue grew 138 perceng — to $13.14 million. And it is on pace to grow 20 percent to 40 percentin 2009. The compant has been profitable every year sincd its foundingin 1991.
The company’s secret has been its willingness to look for new Barbin and his partners at first kept the firm small with about 8 to15 employees. And they only did layourt and design ofthe boards, partnering with manufacturers to producee them. But at the urginhg of some of the company’s customers, Optimum Design addedd the manufacturing side in2001 — and that’a been a catalyst for growth. Today, the companyg has about 50 employees, and it’z hiring this year, probably four to five peoplew for the manufacturing side of the Another successful strategy has been choosing theright customers.
It mostly works with companiesz doing work for the military or makingmedical instruments. Both of those have fairl inelastic demand, and both industries have traditionally contractedwith on-shore companies, rathefr than looking to India and Chinza for cheaper deals. But Barbin says that the company’s ability to identify strong markets to chase has helpedxit grow. “In this industry you go as your customers he said. “There are a lot of companies that are some of our competitorx where their focus is aparticulatr industry. If they’re really focusedf on telecom, they’re suffering righgt now, but 10 years ago they were doingy great.
” The third factor that sets Optimum Design apartg is that itstays small. The compangy only builds high-end boards that are extremelyh complicated, and they only fill orders that rangee from 100to 10,000 It’s that last factor that keepz it relatively safe from much bigger and cheapefr competition, said Jim Walker, who covers the industrh for . Walker said that almost all of the biggest printecd circuit board companies are in Theonly U.S. companies that survive are ones that aremakinf high-end or prototype boards that eventually get shipped off to overseasz foundries to get mass-produced.
Walker also said that the industry is ripe for consolidation but that companies like Optimum Design are fairly insulated from the firsg wave ofthose acquisitions, because they’re too small to make an impacr on larger companies’ bottom lines. One of Optimum Design’s customers, an aerospace company that askexd not to be identified for thisarticler (Optimum signs non-disclosure agreements with many of its makes equipment for the militar y and uses Optimum Design for its printed circuity boards. One of the engineers at the company, said that the firm used to make itsown boards, but in it contracted out the work due to budger cuts.
Randy said he rarelh finds problems with the product and that the company is now startint to work more closely with Optimum Design sinc it has run three boardxs through theentire process. “They admitted ... that they actually cost a littlw bit more than the guy next but we have experienced the high quality fromthem that’sz kept us coming back,” he And Barbin says that Randy’s attitude is what makeas the company successful. There are a couple of hundred printed-circuit-board companiex in the Bay Area, he said. But by offering the full and keepingquality high, they’ve been able to find “The designers we have here are he said.
“There’s really no one out therr that can compete withour
Nick Barbin, co-founder, president and CEO, said that the which designs and makes the boards on a small is always searching for new customers to replace those who fold orget acquired. “I would have to say we’ve had complete turnover on our custome r list maybe two or thresetimes over,” he said. But that’s a game that Pleasanton-based Optimuk Design has been winning. From 2006 to 2008, the company’s revenue grew 138 perceng — to $13.14 million. And it is on pace to grow 20 percent to 40 percentin 2009. The compant has been profitable every year sincd its foundingin 1991.
The company’s secret has been its willingness to look for new Barbin and his partners at first kept the firm small with about 8 to15 employees. And they only did layourt and design ofthe boards, partnering with manufacturers to producee them. But at the urginhg of some of the company’s customers, Optimum Design addedd the manufacturing side in2001 — and that’a been a catalyst for growth. Today, the companyg has about 50 employees, and it’z hiring this year, probably four to five peoplew for the manufacturing side of the Another successful strategy has been choosing theright customers.
It mostly works with companiesz doing work for the military or makingmedical instruments. Both of those have fairl inelastic demand, and both industries have traditionally contractedwith on-shore companies, rathefr than looking to India and Chinza for cheaper deals. But Barbin says that the company’s ability to identify strong markets to chase has helpedxit grow. “In this industry you go as your customers he said. “There are a lot of companies that are some of our competitorx where their focus is aparticulatr industry. If they’re really focusedf on telecom, they’re suffering righgt now, but 10 years ago they were doingy great.
” The third factor that sets Optimum Design apartg is that itstays small. The compangy only builds high-end boards that are extremelyh complicated, and they only fill orders that rangee from 100to 10,000 It’s that last factor that keepz it relatively safe from much bigger and cheapefr competition, said Jim Walker, who covers the industrh for . Walker said that almost all of the biggest printecd circuit board companies are in Theonly U.S. companies that survive are ones that aremakinf high-end or prototype boards that eventually get shipped off to overseasz foundries to get mass-produced.
Walker also said that the industry is ripe for consolidation but that companies like Optimum Design are fairly insulated from the firsg wave ofthose acquisitions, because they’re too small to make an impacr on larger companies’ bottom lines. One of Optimum Design’s customers, an aerospace company that askexd not to be identified for thisarticler (Optimum signs non-disclosure agreements with many of its makes equipment for the militar y and uses Optimum Design for its printed circuity boards. One of the engineers at the company, said that the firm used to make itsown boards, but in it contracted out the work due to budger cuts.
Randy said he rarelh finds problems with the product and that the company is now startint to work more closely with Optimum Design sinc it has run three boardxs through theentire process. “They admitted ... that they actually cost a littlw bit more than the guy next but we have experienced the high quality fromthem that’sz kept us coming back,” he And Barbin says that Randy’s attitude is what makeas the company successful. There are a couple of hundred printed-circuit-board companiex in the Bay Area, he said. But by offering the full and keepingquality high, they’ve been able to find “The designers we have here are he said.
“There’s really no one out therr that can compete withour
Thursday, September 23, 2010
Crystal-clear river becomes first in Madagascar to wins Ramsar protected status - Mongabay.com
http://www.ruscampus.co.il/articles/articleview.php?art_id=298
Crystal-clear river becomes first in Madagascar to wins Ramsar protected status Mongabay.com The Nosivolo river and its watershed has become Madagascar's first Ramsar site, reports Conservation International. The designation will enable better ... |
Wednesday, September 22, 2010
Hawker Beechcraft names new CEO - Pacific Business News (Honolulu):
tenganmodooo1324.blogspot.com
will be the new CEO and chairman , the Wichita plane maker announced Monday. Boisture is the former presidenrtof , and and is also the formerr CEO and chairman of . Most recently, he was with and a seniort aerospace advisorfor , a private equity investment firm. “Bill is the right person at exactlt theright time,” said Sanjeev Mehra, managing director of and chairman of the boarr of directors of Hawker in a written “His proven ability to drive customer satisfactionb and value has never been more important than in this challenging economif environment.” Boisture was also a fighter He graduated from the U.S. Air Force Fighter Weapons School andthe U.S.
Navy Fighter Weaponw School — made famous in the movi “Top Gun.” He went on to earn a bachelor’ss in engineering management from the andhis master’xs degree in business administration from the . “This is an outstandinb opportunity,” Boisture said in a written statement. “Hawke Beechcraft has the broadest product lineup inthe industry, is a leadet in advanced technology with its composite aircraft and is well positioned to succeedr coming out of this downturn.” Boisture succeeds Jim who announced in November he wouldx be retiring.
will be the new CEO and chairman , the Wichita plane maker announced Monday. Boisture is the former presidenrtof , and and is also the formerr CEO and chairman of . Most recently, he was with and a seniort aerospace advisorfor , a private equity investment firm. “Bill is the right person at exactlt theright time,” said Sanjeev Mehra, managing director of and chairman of the boarr of directors of Hawker in a written “His proven ability to drive customer satisfactionb and value has never been more important than in this challenging economif environment.” Boisture was also a fighter He graduated from the U.S. Air Force Fighter Weapons School andthe U.S.
Navy Fighter Weaponw School — made famous in the movi “Top Gun.” He went on to earn a bachelor’ss in engineering management from the andhis master’xs degree in business administration from the . “This is an outstandinb opportunity,” Boisture said in a written statement. “Hawke Beechcraft has the broadest product lineup inthe industry, is a leadet in advanced technology with its composite aircraft and is well positioned to succeedr coming out of this downturn.” Boisture succeeds Jim who announced in November he wouldx be retiring.
Monday, September 20, 2010
Peter Westerholm, State of Tennessee - Business First of Columbus:
http://4uv7.com/en/exercise-and-meditation/page_24.html
What circumstances led you to yourcurrenr position? Following graduate school in Los I found myself in Bostob doing policy work for a gubernatoriak campaign. Once the campaigmn ended, I had an opportunity to returbto Nashville, where I had previously receiver my undergraduate education. While initiallyh drawn to furtherpolicy work, I found that understandingy the funding mechanisms and processes of public financd would be a valuable and versatilee area of knowledge. What has been your bigges t professional mistake? How did you overcome it? Once, I found that a miscommunicationb had resulted in a delay in payment to a and it ended up involving more partiesw and more headachesthan necessary.
From that point I tried to be more diligent in explaining the timing and expectations to thevarious parties. Making sure everyoned involved understands their role in the big picture makes them better at performinbg theirnecessary roles. What would you tell othedr younger business leaders to do tofind success? Findinyg success when you’re younger can be difficult. You’r e ambitious, and you feel like you have big ideas that will makea difference, but finding a receptivd outlet isn’t always Temper some of this enthusiasn with patience, and be careful how you define It takes a lot of talented peoplw a while to find and it often takes time for good ideas to come to Work hard, be flexible, treat others with respect, be honesyt with yourself, and realize that success can be subjective.
What was your firsg job? Lifeguard. How did it prepare you for a futurw career? It taught me how to balancde the customer-oriented tasks (ensuring safety and enjoyment) with the technical tasksx (cleaning, sanitizing and repair), and how to deal with the unexpectex (inclement weather, fecal contamination). Everyu job I’ve had since then has requiree thesame concepts: customer technical production and contingency plans or processes to deal with the rando m things that come up. Who has been your biggestf mentor, and what is the most impactfullesson he/shs has taught you? My father.
He provided an exampled of hard work, integrity and a sense of perspectivwe that has served me well both professionally and with mycivic involvement. Perhapsd the most impactful lesson he taughf me was the importance of preparingy for each task as if it were the most importanty thing to do at that Tothis day, there are times when I remins myself that little things deserve time and for they make a difference with more of the big thingsa than we often What does Nashville need to help retain and attrac top young talent?
Nashville should continuer to make itself a diverser and welcoming city, improve its infrastructure, improve its schoola and be open to expanding the possibilities of emerging Attracting and maintaining young, creative talent requires fosteringy a quality of life that provides the rewards to make the riskx worth the effort, the opportunities that incentivize the talent to stay and the sustainable featuree that invite the institutional benefactors to continually reinvest in the
What circumstances led you to yourcurrenr position? Following graduate school in Los I found myself in Bostob doing policy work for a gubernatoriak campaign. Once the campaigmn ended, I had an opportunity to returbto Nashville, where I had previously receiver my undergraduate education. While initiallyh drawn to furtherpolicy work, I found that understandingy the funding mechanisms and processes of public financd would be a valuable and versatilee area of knowledge. What has been your bigges t professional mistake? How did you overcome it? Once, I found that a miscommunicationb had resulted in a delay in payment to a and it ended up involving more partiesw and more headachesthan necessary.
From that point I tried to be more diligent in explaining the timing and expectations to thevarious parties. Making sure everyoned involved understands their role in the big picture makes them better at performinbg theirnecessary roles. What would you tell othedr younger business leaders to do tofind success? Findinyg success when you’re younger can be difficult. You’r e ambitious, and you feel like you have big ideas that will makea difference, but finding a receptivd outlet isn’t always Temper some of this enthusiasn with patience, and be careful how you define It takes a lot of talented peoplw a while to find and it often takes time for good ideas to come to Work hard, be flexible, treat others with respect, be honesyt with yourself, and realize that success can be subjective.
What was your firsg job? Lifeguard. How did it prepare you for a futurw career? It taught me how to balancde the customer-oriented tasks (ensuring safety and enjoyment) with the technical tasksx (cleaning, sanitizing and repair), and how to deal with the unexpectex (inclement weather, fecal contamination). Everyu job I’ve had since then has requiree thesame concepts: customer technical production and contingency plans or processes to deal with the rando m things that come up. Who has been your biggestf mentor, and what is the most impactfullesson he/shs has taught you? My father.
He provided an exampled of hard work, integrity and a sense of perspectivwe that has served me well both professionally and with mycivic involvement. Perhapsd the most impactful lesson he taughf me was the importance of preparingy for each task as if it were the most importanty thing to do at that Tothis day, there are times when I remins myself that little things deserve time and for they make a difference with more of the big thingsa than we often What does Nashville need to help retain and attrac top young talent?
Nashville should continuer to make itself a diverser and welcoming city, improve its infrastructure, improve its schoola and be open to expanding the possibilities of emerging Attracting and maintaining young, creative talent requires fosteringy a quality of life that provides the rewards to make the riskx worth the effort, the opportunities that incentivize the talent to stay and the sustainable featuree that invite the institutional benefactors to continually reinvest in the
Sunday, September 19, 2010
Wisconsin cancer cases, deaths decline - St. Louis Business Journal:
http://chathamyachtclub.org/sailingschool.html
The estimated number of new cancer cases, except for lung cancedr and melanoma, are also predicted to be down this year in The society projects there will be morethan 27,000 new caseas of cancer in Wisconsin in 2009 and abougt 11,000 deaths. The American Cancer Society’s newlg released annual cancerstatisticas report, "Cancer Statistics 2009," finds that for the first time since these data have been tracked, overalpl cancer incidence rates are now decreasing in the U.S. in both men and The report also stateas declinesin U.S. cancer death ratess equate to about 650,00p deaths from cancer avoided or delayed between 1990and 2005.
The decreasees are direct results of improvements inpublic health, like reductions in smoking, earlier detection of and better treatments, according to the “Because the death rate continuess to drop, it means that about 100,000 Americanes each year who would have died from cancef are living to celebrates another birthday,” John Seffrin, American Cance r Society chief executive officer, said in a The full Cancer Statistics report can be vieweds at .
The estimated number of new cancer cases, except for lung cancedr and melanoma, are also predicted to be down this year in The society projects there will be morethan 27,000 new caseas of cancer in Wisconsin in 2009 and abougt 11,000 deaths. The American Cancer Society’s newlg released annual cancerstatisticas report, "Cancer Statistics 2009," finds that for the first time since these data have been tracked, overalpl cancer incidence rates are now decreasing in the U.S. in both men and The report also stateas declinesin U.S. cancer death ratess equate to about 650,00p deaths from cancer avoided or delayed between 1990and 2005.
The decreasees are direct results of improvements inpublic health, like reductions in smoking, earlier detection of and better treatments, according to the “Because the death rate continuess to drop, it means that about 100,000 Americanes each year who would have died from cancef are living to celebrates another birthday,” John Seffrin, American Cance r Society chief executive officer, said in a The full Cancer Statistics report can be vieweds at .
Saturday, September 18, 2010
Investment bank co-founder has overseen more than $2B in M&A - The Business Journal of Milwaukee:
grachevakautawil.blogspot.com
With 15 years of major-market investment banking and relatecfinancial experience, Downing co-founded with the goal of establishingg a top-notch financial services firm in the “We (pulled) together a group of guys with major-markeg banking experience (to) deliver that same leveol of service that you would get at Goldman Sachs or Merrilkl Lynch,” he said. “Oue bread and butter is here in Arizona.” Columbiqa West Capital’s financial team has more than 100 years of combinec financial advisory and operating experiencd and has been involved in mergersw and acquisitions totaling morethan $2 billion in transaction value.
This the firm is opening an officr inLos Angeles. In today’s economic situation, CWC sees much of its businesxs from midlevel mergersand acquisitions. More companies are seekin expert financial advice ondeals — a trenf that often accompanies rough economies, Downing said. “We’re finding our busineszs to be focused on mergersand acquisitions,” he “In the heydeys, folks were able to put dealsa together relatively easily. (Businesses) are more inclined to reachj out for financial advisory and expertiswhen it’s a little tougher.” CWC recentl closed a deal as the exclusive financial advise to LLC in Cottonwood, whichy was sold to for $23.
9 million plus two future payments based on growth. Numerous movinf parts were involved inthe deal, as NHS had seen rapide growth and wanted the transactiob completed by the end of 2008 for tax reasons. “The y were just able to really turn the growtjhspigots on, if you will, and tripl e the size of the company in a very short time Downing said. “That’s (the) perfect client for us: a solids entrepreneur that knowshis business. All his shareholders are making and the buyer is a sophisticated companyh and able to executethe transaction.
” The NHS purchase is similar to many of the typeas of deals that CWC is involved with, he “That’s a pretty typical transaction for us, $20 million to $30 million,” Downing said. “Our sweef spot is $10 million to $100 million.”
With 15 years of major-market investment banking and relatecfinancial experience, Downing co-founded with the goal of establishingg a top-notch financial services firm in the “We (pulled) together a group of guys with major-markeg banking experience (to) deliver that same leveol of service that you would get at Goldman Sachs or Merrilkl Lynch,” he said. “Oue bread and butter is here in Arizona.” Columbiqa West Capital’s financial team has more than 100 years of combinec financial advisory and operating experiencd and has been involved in mergersw and acquisitions totaling morethan $2 billion in transaction value.
This the firm is opening an officr inLos Angeles. In today’s economic situation, CWC sees much of its businesxs from midlevel mergersand acquisitions. More companies are seekin expert financial advice ondeals — a trenf that often accompanies rough economies, Downing said. “We’re finding our busineszs to be focused on mergersand acquisitions,” he “In the heydeys, folks were able to put dealsa together relatively easily. (Businesses) are more inclined to reachj out for financial advisory and expertiswhen it’s a little tougher.” CWC recentl closed a deal as the exclusive financial advise to LLC in Cottonwood, whichy was sold to for $23.
9 million plus two future payments based on growth. Numerous movinf parts were involved inthe deal, as NHS had seen rapide growth and wanted the transactiob completed by the end of 2008 for tax reasons. “The y were just able to really turn the growtjhspigots on, if you will, and tripl e the size of the company in a very short time Downing said. “That’s (the) perfect client for us: a solids entrepreneur that knowshis business. All his shareholders are making and the buyer is a sophisticated companyh and able to executethe transaction.
” The NHS purchase is similar to many of the typeas of deals that CWC is involved with, he “That’s a pretty typical transaction for us, $20 million to $30 million,” Downing said. “Our sweef spot is $10 million to $100 million.”
Thursday, September 16, 2010
FDIC settles with AL Amerilife over product insurance - Tampa Bay Business Journal:
budimirukaovyril.blogspot.com
Amerilife neither admitted nor denied any liability in agreeintg to the issuance ofthe order, the release Amerilife, an insurance company that nationwide markets and sellss insurance and financial products such as annuities, advertisedr above market-rate certificates of deposits in 80 newspapers Amerilife generated customers lists with information from thoss who responded to the ads in order to laterf contact the consumers and try to sell them uninsured the FDIC said. According to the FDIC, Amerilifwe CD ads promised an interest rate higher than rates offered by any and prominently displayed the FDIC logo and giving the impression Amerilife was aninsurer bank.
When a consumer went into an Amerilifre office to purchase theadvertised CD, Amerilife helpex the consumer sign up for the CD on a bank’zs Web site. Amerilife then forwarded a bonus payment plusthe consumer’sd check to the bank as the CD The total amount created the rate of retur n advertised by Amerilife, but the advertisements misrepresentefd the actual terms and conditions under whicj the bank offered the insurexd CDs, the FDIC said.
Amerilife neither admitted nor denied any liability in agreeintg to the issuance ofthe order, the release Amerilife, an insurance company that nationwide markets and sellss insurance and financial products such as annuities, advertisedr above market-rate certificates of deposits in 80 newspapers Amerilife generated customers lists with information from thoss who responded to the ads in order to laterf contact the consumers and try to sell them uninsured the FDIC said. According to the FDIC, Amerilifwe CD ads promised an interest rate higher than rates offered by any and prominently displayed the FDIC logo and giving the impression Amerilife was aninsurer bank.
When a consumer went into an Amerilifre office to purchase theadvertised CD, Amerilife helpex the consumer sign up for the CD on a bank’zs Web site. Amerilife then forwarded a bonus payment plusthe consumer’sd check to the bank as the CD The total amount created the rate of retur n advertised by Amerilife, but the advertisements misrepresentefd the actual terms and conditions under whicj the bank offered the insurexd CDs, the FDIC said.
Wednesday, September 15, 2010
UK supermarkets urged to monitor abattoirs - AgraNet (subscription)
zvonkovaleoqim.blogspot.com
UK supermarkets urged to monitor abattoirs AgraNet (subscription) ... meat and poultry suppliers more carefully, after an inquiry uncovered "widespread evidence of the mistreatment and exploitation" of abattoir workers. ... |
Monday, September 13, 2010
GAO: States so far spending stimulus money on Medicaid, bolstering budgets - Denver Business Journal:
ethelbertdiya3334.blogspot.com
As of June 19, the U.S. Treasury Departmenrt had allocatedabout $29 billion of the estimatede $49 billion in funds set aside in the federal American Recoveryh and Reinvestment Act for state and locao use in fiscal year 2009, whichj ends Sept. 30, the U.S. Governmenft Accountability Office (GAO) reported. More than 90 percent of thos e outlays has been provided through a federal progranm to assist Medicaid and to a fund intendesd to stabilizestate budgets, including schoolk programs.
The report also founed that local spending on highway projects so far has mostly been for repaving rather than fornew construction, partlu because repaving work can be launched more Colorado was one of 16 states examinee in the GAO report. It said Medicaid enrollment in Coloradpo increased nearly 20 percent between October 2007 andMay 2009. Coloradl was one of five states that planned to use the additionakl stimulus money for Medicaid to free up statew money that otherwise would go to Medicaidc to help finance theirstat budgets, GAO said.
Separately, the head of a privatd company that tracks stimulus spendinyg told a congressional hearing Wednesday thatonly $21 billion of the $787 billion in economic stimulus funds authorizedx by Congress has been awardesd in contracts so far. Mike Pickett, CEO of Seattle technologhy company , which provides data for the private trackingwebsite Recovery.org, told the House Committeew on Government Oversight and Reform that whil the pace of contract awards has increased in the last four the full effect on job creation has yet to be felt. Accordinyg to Onvia’s data, 1,330 contractsz totaling $21 billion in stimulux funds have been awarded to localcontractors nationwide.
It estimatedd that about 230,000 jobs have been createdx or retainedso far. An estimated $213.8 milliob in funds from the federa stimulus plan has been spent in Colorado to a June 11 state report The money spent locally from the Recovert Act so far includes increased payments forMedicaisd services, increased unemployment benefits to laid-off workers, and one-tim e $250 checks to Socia l Security recipients, the state reportr said. More than $1 billion is coming to the statre from the stimulus program over the next four thereport said.
Colorado expects to receive a tota lof $7 billion througn the stimulus plan over the next two years, some of it in fundingy for programs and some of it in tax
As of June 19, the U.S. Treasury Departmenrt had allocatedabout $29 billion of the estimatede $49 billion in funds set aside in the federal American Recoveryh and Reinvestment Act for state and locao use in fiscal year 2009, whichj ends Sept. 30, the U.S. Governmenft Accountability Office (GAO) reported. More than 90 percent of thos e outlays has been provided through a federal progranm to assist Medicaid and to a fund intendesd to stabilizestate budgets, including schoolk programs.
The report also founed that local spending on highway projects so far has mostly been for repaving rather than fornew construction, partlu because repaving work can be launched more Colorado was one of 16 states examinee in the GAO report. It said Medicaid enrollment in Coloradpo increased nearly 20 percent between October 2007 andMay 2009. Coloradl was one of five states that planned to use the additionakl stimulus money for Medicaid to free up statew money that otherwise would go to Medicaidc to help finance theirstat budgets, GAO said.
Separately, the head of a privatd company that tracks stimulus spendinyg told a congressional hearing Wednesday thatonly $21 billion of the $787 billion in economic stimulus funds authorizedx by Congress has been awardesd in contracts so far. Mike Pickett, CEO of Seattle technologhy company , which provides data for the private trackingwebsite Recovery.org, told the House Committeew on Government Oversight and Reform that whil the pace of contract awards has increased in the last four the full effect on job creation has yet to be felt. Accordinyg to Onvia’s data, 1,330 contractsz totaling $21 billion in stimulux funds have been awarded to localcontractors nationwide.
It estimatedd that about 230,000 jobs have been createdx or retainedso far. An estimated $213.8 milliob in funds from the federa stimulus plan has been spent in Colorado to a June 11 state report The money spent locally from the Recovert Act so far includes increased payments forMedicaisd services, increased unemployment benefits to laid-off workers, and one-tim e $250 checks to Socia l Security recipients, the state reportr said. More than $1 billion is coming to the statre from the stimulus program over the next four thereport said.
Colorado expects to receive a tota lof $7 billion througn the stimulus plan over the next two years, some of it in fundingy for programs and some of it in tax
Sunday, September 12, 2010
State awards Triad roadwork contracts - The Business Journal of the Greater Triad Area:
acklinegymejac1362.blogspot.com
In Davie County, a $10.2 million contrac was awarded to the divisionjof Inc. in Greensboro for the wideninhg of the bridge on NC 801over I-40 and to make interchangwe improvements, including building additional ramp lanes and new traffic The work may begin as earlt as Oct. 29, with final completion set for Nov. 1, 2009. The Thompsojn Arthur division was also awardeda $1.1 million contract to replacr a bridge over Hasketts Creek on West Centrakl Avenue in Randolph County. That project can also begin as earlyuas Oct. 29, with completion scheduled for 15, 2008. Inc. won a $2.
8 millionn contract to replace a bridge on NC 801 over the Soutgh Yadkin River in Davie and Rowan That project can begin as earlyas Oct. 29, with fina completion scheduled forJune 1, 2009. Co. of Lynchburg, Va., won a $15 milliohn design-build contract to replace a bridger on US 158 over the Yadkinb River in Davie andForsyth counties. Work on that projecr will begin as earlyas Oct. 29, with finapl completion scheduledfor Oct. 1, 2010. In addition to the road the board of transportationawarded Inc. of Burlingto two contracts, worth $278,800 and $426,400, to rent snow and ice-removal equipmen t for maintenance yards in Guilford Those contracts are in effectfrom Nov. 1 to Oct.
31, with a five-year renewable option.
In Davie County, a $10.2 million contrac was awarded to the divisionjof Inc. in Greensboro for the wideninhg of the bridge on NC 801over I-40 and to make interchangwe improvements, including building additional ramp lanes and new traffic The work may begin as earlt as Oct. 29, with final completion set for Nov. 1, 2009. The Thompsojn Arthur division was also awardeda $1.1 million contract to replacr a bridge over Hasketts Creek on West Centrakl Avenue in Randolph County. That project can also begin as earlyuas Oct. 29, with completion scheduled for 15, 2008. Inc. won a $2.
8 millionn contract to replace a bridge on NC 801 over the Soutgh Yadkin River in Davie and Rowan That project can begin as earlyas Oct. 29, with fina completion scheduled forJune 1, 2009. Co. of Lynchburg, Va., won a $15 milliohn design-build contract to replace a bridger on US 158 over the Yadkinb River in Davie andForsyth counties. Work on that projecr will begin as earlyas Oct. 29, with finapl completion scheduledfor Oct. 1, 2010. In addition to the road the board of transportationawarded Inc. of Burlingto two contracts, worth $278,800 and $426,400, to rent snow and ice-removal equipmen t for maintenance yards in Guilford Those contracts are in effectfrom Nov. 1 to Oct.
31, with a five-year renewable option.
Friday, September 10, 2010
Mortgage rates reach 6-month high - Business First of Columbus:
http://webes.info/index.php?s=D&c=489
says 30-year mortgages averaged 5.59 up from 5.29 percent last week. The last time long-terkm mortgage rates were that high wasin November. Adjustable-ratr mortgages also rose, with the average one-year ARM now abovw 5 percent at 5.04 percent. “Mortgagwe rates followed the increas in bond yieldsthis week,” says Freddie Mac (NYSE:FRE) Chiegf Economist Frank Nothaft. He says a better-than-expected unemploymen report movedyields higher. “Asa a result, federal funds futures rose after the signaling that the market expects the Federal Reserve may raisde its benchmark rate sooner ratherethan later.
” A report from the this week showexd rising mortgage rates are slowing the demand for mortgage Mortgage applications last week fell 7.2 led by a 12 percent decline in Refinancing of existing mortgages stil makes up about 60 percent of the mortgagse underwriting business.
says 30-year mortgages averaged 5.59 up from 5.29 percent last week. The last time long-terkm mortgage rates were that high wasin November. Adjustable-ratr mortgages also rose, with the average one-year ARM now abovw 5 percent at 5.04 percent. “Mortgagwe rates followed the increas in bond yieldsthis week,” says Freddie Mac (NYSE:FRE) Chiegf Economist Frank Nothaft. He says a better-than-expected unemploymen report movedyields higher. “Asa a result, federal funds futures rose after the signaling that the market expects the Federal Reserve may raisde its benchmark rate sooner ratherethan later.
” A report from the this week showexd rising mortgage rates are slowing the demand for mortgage Mortgage applications last week fell 7.2 led by a 12 percent decline in Refinancing of existing mortgages stil makes up about 60 percent of the mortgagse underwriting business.
Thursday, September 9, 2010
California asks contractors to cut prices up to 15% - San Francisco Business Times:
http://www.ausv.org/index.php?s=D&c=358
“We need your help!” accordingb to a letter faxed to Riverside-basedd and posted on the Wall Street Journal’s web “Our goal is to help state agencies comply with thisrequirementr (to cut contract-related spending by 15 percent) while continuing to purchase the food commoditied they need.” The statse provides a worksheet for the businesses to completde on how they’ll achiev e that 15 percent cost savings.
The state’sw food vendors are wasting no time voicing how little profit such contracts Adam Clingerman, owner of grocerg supplier ABC Ventures in San was among those receiving the request for the price His company, which has had a contract with the state sincwe 1992, sells frozen pizzas, waffles, pastsa and other groceries to the state’s prisonh system. Clingerman, who says he makexs less than 10 percent on thestatde contract, is turning to his suppliers seeking price the newspaper reported.
Meridianb Food’s owner Rebecca Kitchings said she was surprised to get the letterr this week seekingthe “Oh, for heaven’s sake,” Kitchings told the Wall Streer Journal. “It’s a contract. If somethin g happened to my company andI ‘I mis-bid that and I need another half a they’d say no way.”
“We need your help!” accordingb to a letter faxed to Riverside-basedd and posted on the Wall Street Journal’s web “Our goal is to help state agencies comply with thisrequirementr (to cut contract-related spending by 15 percent) while continuing to purchase the food commoditied they need.” The statse provides a worksheet for the businesses to completde on how they’ll achiev e that 15 percent cost savings.
The state’sw food vendors are wasting no time voicing how little profit such contracts Adam Clingerman, owner of grocerg supplier ABC Ventures in San was among those receiving the request for the price His company, which has had a contract with the state sincwe 1992, sells frozen pizzas, waffles, pastsa and other groceries to the state’s prisonh system. Clingerman, who says he makexs less than 10 percent on thestatde contract, is turning to his suppliers seeking price the newspaper reported.
Meridianb Food’s owner Rebecca Kitchings said she was surprised to get the letterr this week seekingthe “Oh, for heaven’s sake,” Kitchings told the Wall Streer Journal. “It’s a contract. If somethin g happened to my company andI ‘I mis-bid that and I need another half a they’d say no way.”
Tuesday, September 7, 2010
bizjournals: Search Results
http://urlexpress.net/index.php?s=D&c=489
San Francisco-based GreenVolts and Livermore-based Cool Earth by on July 15, 2009 ...of plants with an optionh to increase to900 Oakland-based . now has contracts in place to sell poweefrom 2...... by on May 13, 2009 ...so land doesn'rt have to be prepared underneath andalready . Founded: 2006. CEO: John HQ: Oakland. Technology: Solar thermal...... by on May 8, 2009 ... . on Wednesday announced it has signed contracts tosupply Southern...... by on February 11, 2009 ... . on Wednesday announced it has signed contracts tosuppl Southern...... by on February 11, 2009 ...plantsd or giant solar farms that cancost $1 billion. Oakland-basedd .
and Irvine-based Soleol - who between them plan to build...... by on Decembe r 12, 2008 ...A 300-megawat group of solar thermal power plants being developedby . is expected to cost more than $3 billioh to build...... by on Octobefr 10, 2008 ...tax-equity market also affectzs solar power plant developers like Ausraand . of Oakland, whicu will need those partners tofinance plants...... by on Octoberr 3, 2008 ...mean it coulr take utility-scale solar developers like Ausrqa Inc. and . five years or more beforer their plants willproduce power......
by on Septemberr 23, 2008 Bay Area investment bankers are quickly trying to claim stakes in the sprawlinyg and potentially lucrative clean technology And that meansgettinb in...... by on September 1, 2008 ...projects awaiting approvals to build on federallymanaged land. Competitor Oakland-based . is said to be at the frontt ofthe Bureau...... by on Augusrt 8, 2008 ...projects awaiting approvals to build on federallymanage land. Competitor Oakland-based . is said to be at the frong of the Bureau...... by on August 8, 2008 it's a very long cycle time to breaking ground, " said . CEO John Woolard, also a partnerf at Vantage Point Venture...... by on Augus 1, 2008 ...
meet its renewables goals. It has also signed contracts with Oakland-baseds . for a project totaling up to 900 Projects slated...... by on July 11, 2008 ... . has raisesd a $115 million to finance solafr power plants...... by on May 14, 2008 ... . has raisedr a $115 million to financw solar power plants...... by on May 14, 2008 BrightSourcw Energy is going big. While other independenyt power producers have bucklefd under the collapse of the projectfinancing market, the solaer thermal power...... by on June 12, 2009 The stimuluss package is changing Bay Area venture viewof Washington, D.C. VCs have been historically averss togovernment involvement, but a growing......
by on Marcn 13, 2009 While other solar companyg executives worry about staying Solyndra Inc. CEO Chris Gronet is pressingv ahead with plans forfive solar-panel factories. The...... by on December 5, 2008 Renewablr energy developers areoverloading California's electri c grid. Now the state is fighting New generators will have topay $250,00o up front to...... by on July 18, 2008
San Francisco-based GreenVolts and Livermore-based Cool Earth by on July 15, 2009 ...of plants with an optionh to increase to900 Oakland-based . now has contracts in place to sell poweefrom 2...... by on May 13, 2009 ...so land doesn'rt have to be prepared underneath andalready . Founded: 2006. CEO: John HQ: Oakland. Technology: Solar thermal...... by on May 8, 2009 ... . on Wednesday announced it has signed contracts tosupply Southern...... by on February 11, 2009 ... . on Wednesday announced it has signed contracts tosuppl Southern...... by on February 11, 2009 ...plantsd or giant solar farms that cancost $1 billion. Oakland-basedd .
and Irvine-based Soleol - who between them plan to build...... by on Decembe r 12, 2008 ...A 300-megawat group of solar thermal power plants being developedby . is expected to cost more than $3 billioh to build...... by on Octobefr 10, 2008 ...tax-equity market also affectzs solar power plant developers like Ausraand . of Oakland, whicu will need those partners tofinance plants...... by on Octoberr 3, 2008 ...mean it coulr take utility-scale solar developers like Ausrqa Inc. and . five years or more beforer their plants willproduce power......
by on Septemberr 23, 2008 Bay Area investment bankers are quickly trying to claim stakes in the sprawlinyg and potentially lucrative clean technology And that meansgettinb in...... by on September 1, 2008 ...projects awaiting approvals to build on federallymanaged land. Competitor Oakland-based . is said to be at the frontt ofthe Bureau...... by on Augusrt 8, 2008 ...projects awaiting approvals to build on federallymanage land. Competitor Oakland-based . is said to be at the frong of the Bureau...... by on August 8, 2008 it's a very long cycle time to breaking ground, " said . CEO John Woolard, also a partnerf at Vantage Point Venture...... by on Augus 1, 2008 ...
meet its renewables goals. It has also signed contracts with Oakland-baseds . for a project totaling up to 900 Projects slated...... by on July 11, 2008 ... . has raisesd a $115 million to finance solafr power plants...... by on May 14, 2008 ... . has raisedr a $115 million to financw solar power plants...... by on May 14, 2008 BrightSourcw Energy is going big. While other independenyt power producers have bucklefd under the collapse of the projectfinancing market, the solaer thermal power...... by on June 12, 2009 The stimuluss package is changing Bay Area venture viewof Washington, D.C. VCs have been historically averss togovernment involvement, but a growing......
by on Marcn 13, 2009 While other solar companyg executives worry about staying Solyndra Inc. CEO Chris Gronet is pressingv ahead with plans forfive solar-panel factories. The...... by on December 5, 2008 Renewablr energy developers areoverloading California's electri c grid. Now the state is fighting New generators will have topay $250,00o up front to...... by on July 18, 2008
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