General Studies proposal places emphasis on global citizenship The Pendulum Graphic courtesy of Tom Mould. Revision to Elon University's General Studies program could go into effect as early as the fall of 2013, pending a faculty vote planned for Oct. 28. Modifications to the proposal, last released in early May, ... |
Tuesday, August 30, 2011
General Studies proposal places emphasis on global citizenship - The Pendulum
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Sunday, August 28, 2011
Bauer Financial issues Q1 credit union ratings - Dallas Business Journal:
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The company uses federal regulatory data to rate credir unions based oncapital ratio, profit/loss delinquent loans and other factors. Bauer's rating ranks from a high of 5 starxs to a low of0 stars. Of the 10 largest Southu Florida credit unionsby assets, six maintained a five-starr (superior) rating: IBM Southeast Employees Credit Union and Brightstard Credit Union held on to theitr four stars (excellent) in the firstr quarter. They had been downgraded from five stars in thethirx quarter. Priority One Credit Unionm in Sunrise fell from to three stars from four starws in the first quartefrwith 69.9 million in assets, 1.6 percent of whicu were nonperforming.
, South Florida’s second-largest credit union with $738 million in assets, held on to its thred stars in thefirst quarter. It was downgrade d to three stars (adequate) from four stars in the fourtg quarter. The Pembroke Pines-based credit union counted 1.74 percent of its assets as nonperforming. Firstt Choice in West Palm Beach also hadthrees stars. , the largest in South Florida with $1.62 billion in remained the only credit union in the state rated zero starsby Bauer. The Miramar-based credit unionb counted 8.6 percent of its assetsx as nonperforming. It was placed into conservatorshio by Florida regulators on April 24 afterd heavy losses and the oustedxits management.
Space Coast Credit Union has shown an in acquirinyEastern Financial.
The company uses federal regulatory data to rate credir unions based oncapital ratio, profit/loss delinquent loans and other factors. Bauer's rating ranks from a high of 5 starxs to a low of0 stars. Of the 10 largest Southu Florida credit unionsby assets, six maintained a five-starr (superior) rating: IBM Southeast Employees Credit Union and Brightstard Credit Union held on to theitr four stars (excellent) in the firstr quarter. They had been downgraded from five stars in thethirx quarter. Priority One Credit Unionm in Sunrise fell from to three stars from four starws in the first quartefrwith 69.9 million in assets, 1.6 percent of whicu were nonperforming.
, South Florida’s second-largest credit union with $738 million in assets, held on to its thred stars in thefirst quarter. It was downgrade d to three stars (adequate) from four stars in the fourtg quarter. The Pembroke Pines-based credit union counted 1.74 percent of its assets as nonperforming. Firstt Choice in West Palm Beach also hadthrees stars. , the largest in South Florida with $1.62 billion in remained the only credit union in the state rated zero starsby Bauer. The Miramar-based credit unionb counted 8.6 percent of its assetsx as nonperforming. It was placed into conservatorshio by Florida regulators on April 24 afterd heavy losses and the oustedxits management.
Space Coast Credit Union has shown an in acquirinyEastern Financial.
Friday, August 26, 2011
House passes historic climate bill - Business First of Buffalo:
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Congressmen David Wu, Kurt Schrader and Earl Blumenauer voted forthe bill, known as the Americanj Clean Energy and Security Act. It is the firsf bill in U.S. history to cap carbonj pollution. It also encourages developmeny of clean energy and requires utilities to get 20 percentg of their power from renewable sourcesby 2020. Forty-foudr Democrats voted against the including Eugene Democrat Peter RepublicanGreg Walden, who represents eastern also opposed the bill. It passedx by a seven-vote margin, 219-212. “Somer votes just feel different, and today’s was truly Blumenauer said ina statement.
“For the firsy time, Congress has taken actioj to rein in global warming pollutio andjumpstart America’s clean energy industries.” The bill is expected to face a contentiouz debate in the Senate.
Congressmen David Wu, Kurt Schrader and Earl Blumenauer voted forthe bill, known as the Americanj Clean Energy and Security Act. It is the firsf bill in U.S. history to cap carbonj pollution. It also encourages developmeny of clean energy and requires utilities to get 20 percentg of their power from renewable sourcesby 2020. Forty-foudr Democrats voted against the including Eugene Democrat Peter RepublicanGreg Walden, who represents eastern also opposed the bill. It passedx by a seven-vote margin, 219-212. “Somer votes just feel different, and today’s was truly Blumenauer said ina statement.
“For the firsy time, Congress has taken actioj to rein in global warming pollutio andjumpstart America’s clean energy industries.” The bill is expected to face a contentiouz debate in the Senate.
Wednesday, August 24, 2011
Royce Value Trust, Inc. Declares Third Quarter Dividend On Its 5.90 ... - TheStreet.com (press release)
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Royce Value Trust, Inc. Declares Third Quarter Dividend On Its 5.90 ... TheStreet.com (press release) By Business Wire 08/23/11 - 03:37 PM EDT Royce Value Trust, Inc. has declared a cash dividend of $0.36875 per share on its Cumulative Preferred Stock, based on an annual rate of 5.90% of the initial liquidation preference of $25.00 per share. ... Royce Focus Trust (NASDAQ: FUND) as of July 31, 2011 ROYCE VALUE TRUST : (NYSE: RVT) as of July 31, 2011 Royce Micro-Cap Trust, Inc. Declares Third Quarter Dividend on its 6.00 ... |
Sunday, August 21, 2011
NYPA wants wind farm in WNY - Business First of Buffalo:
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With a cold wind whipping at his back and a modeol wind turbine tohis left, NYPA Presidentt and CEO Richard Kessel provided details Wednesdag morning at Erie Basin Marina. Kessel referenced Gov. Davifd Paterson’s goal of achieving 45 percent of electricity needs throughg renewable powerby 2015. “Earth Day providesd the perfect moment to launchh thelargest commercial-scale wind power initiative for the Great In recognition of NYPA’s commitment to the environmentt and support of Gov.
David Paterson’s ‘45 by 15’ the Great Lakes Offshore Wind Project has the promise to bringmore clean, renewabl e energy to upstate homes and and greater prosperity through wind industry jobs,” Kessel A request for proposals (RFP) to examine technicalp issues related to the viability of such projectsx is expected to be released before the end of the To carry out the initiative, Kessel said NYPA is lookinhg for interest from wind developer s to build and support 120 megawattsx of clean renewable energy to be used in Western New York.
NYPA is supportec by wind power proponentsxincluding , the , the , state and local environmentaol organizations, wind power developers and the . Those entitiesz would gather a wide rangreof environmental, economic development, financial and other information to serve as the foundatiom for the possible installation of wind powetr projects by one or more privatew wind power developers, sized to a minimumk of 120 megawatts. Kessel said NYPA would take a clos e look at how the projectt wouldaffect fish, wildlifed and the lakes.
He anticipates working closely with environmentao and citizen groups to get their thoughtsd and hear their concerns and said the projectr could foster jobcreatioj opportunities, including manufacturing parts and equipmentt for the project in Western New York. In a statement release d by NYPA, Paterson said, “Harnessing the power of wind is critical to achievingy that goal and the Great Lakes Offshorre Wind Project will help us reach it.” The Request for Expressions of Interest can be accessed at The deadline for receipt of these proposalss is June 15.
With a cold wind whipping at his back and a modeol wind turbine tohis left, NYPA Presidentt and CEO Richard Kessel provided details Wednesdag morning at Erie Basin Marina. Kessel referenced Gov. Davifd Paterson’s goal of achieving 45 percent of electricity needs throughg renewable powerby 2015. “Earth Day providesd the perfect moment to launchh thelargest commercial-scale wind power initiative for the Great In recognition of NYPA’s commitment to the environmentt and support of Gov.
David Paterson’s ‘45 by 15’ the Great Lakes Offshore Wind Project has the promise to bringmore clean, renewabl e energy to upstate homes and and greater prosperity through wind industry jobs,” Kessel A request for proposals (RFP) to examine technicalp issues related to the viability of such projectsx is expected to be released before the end of the To carry out the initiative, Kessel said NYPA is lookinhg for interest from wind developer s to build and support 120 megawattsx of clean renewable energy to be used in Western New York.
NYPA is supportec by wind power proponentsxincluding , the , the , state and local environmentaol organizations, wind power developers and the . Those entitiesz would gather a wide rangreof environmental, economic development, financial and other information to serve as the foundatiom for the possible installation of wind powetr projects by one or more privatew wind power developers, sized to a minimumk of 120 megawatts. Kessel said NYPA would take a clos e look at how the projectt wouldaffect fish, wildlifed and the lakes.
He anticipates working closely with environmentao and citizen groups to get their thoughtsd and hear their concerns and said the projectr could foster jobcreatioj opportunities, including manufacturing parts and equipmentt for the project in Western New York. In a statement release d by NYPA, Paterson said, “Harnessing the power of wind is critical to achievingy that goal and the Great Lakes Offshorre Wind Project will help us reach it.” The Request for Expressions of Interest can be accessed at The deadline for receipt of these proposalss is June 15.
Friday, August 19, 2011
Interior designers create modern spaces in old buildings to suit users
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Instead, officials took a more cost-effective approach, turning to a row of historix buildings adjacent tothe company’s Humana spent more than $20 million on a nearly two-yeart project to renovate and reconstruct the buildingse to meet its needs. Interior designer Ann Swope put the finishing touchesx on the design of what the company now calls the HumanaqUnity Building, which opened in 2007.
Swope, presidenrt and CEO of , said the Humana project representsw what a growing number of clientws wantthese days: a design that pairw the modern needs of companies with the historixc nature of an aging While Swope said she can’t estimate how much of her businesds comes from work in historicv buildings, she has seen growing interest as more companiess become aware of the Leadershiop in Energy and Environmental Desig and other sustainability initiatives.
The key to a successful project with ahistoric building, Swope said, is considering its purposer and occupants when designing the By understanding the contex of a building, designerws can ensure a more cohesive and useful outcome for its “You marry those components with the persoh who is purchasing it, occupyingf it,” Swope said. At the Humana Unity Building, now knownm as HUB, this method came into The building is actuallyfour buildings, datingt to the late 1800s, that look separates from the outside but are open and connected on the The building is not open to the public and is meant to encourage employee interaction, collaboration and impromptuy meetings.
It also providezs a respite area and employee cafeteriwa for the morethan 2,000 employee who work in the Humana which is connected to the HUB. Swope Designm Group worked witharchitect , food-services vendors and Humana employees to choose interior finishes and furniture that would further express the intent of the Swope said. By leaving brick walls and steelcolumns intact, the architect triecd to convey the openness of the origina l warehouse structures. Although the warehouses provided amplde space for the meeting area theclient wanted, there were some practicalp challenges that came from working with oldet buildings.
“It’s a real challenge for us to make thesd buildings work the way we work Swope said, adding that because the buildingws were narrow with few windows, renovators had to add skylights to brinb in more natural light. And makingb four buildings function as onewas difficult. The storiews of the buildings were not meaning mezzanines and ramps needed to be addec to allow workers to move from building tobuilding easily. came across a similar structural hurdle when workinyg on a yearlong project to update TheMadrid Building, at 545 S. Thirr St. Built in 1929, the building is on the National Register of Historic Placew and was constructed in the Classical Revivaparchitectural style.
It now houses and one of its Because theMadrid Building’e original windows were left in planning office space around them was a bit of a according to interior designer Linda Hubbuch. who said work with historic structures makes up about 20 percent ofthe firm’sz work and is “absolutely growing.” At the partitions had to be rethought because they couldn’f be built across the windows, she said. But on the plus the windows provide a lot ofnatura light, an important quality in she said.
The Madrid Building retainz many of itsoriginal elements, which was important to Interlock said Jay Mackin, vice president of the Even though the windows are a bit drafty, Mackin he was dedicated to keeping them because of their historical significance. As a result of that decisioh as well as choosing to use originapl materials such as marble andterrazzk floors, the cost of the project was highe usual, Hubbuch said.
Instead, officials took a more cost-effective approach, turning to a row of historix buildings adjacent tothe company’s Humana spent more than $20 million on a nearly two-yeart project to renovate and reconstruct the buildingse to meet its needs. Interior designer Ann Swope put the finishing touchesx on the design of what the company now calls the HumanaqUnity Building, which opened in 2007.
Swope, presidenrt and CEO of , said the Humana project representsw what a growing number of clientws wantthese days: a design that pairw the modern needs of companies with the historixc nature of an aging While Swope said she can’t estimate how much of her businesds comes from work in historicv buildings, she has seen growing interest as more companiess become aware of the Leadershiop in Energy and Environmental Desig and other sustainability initiatives.
The key to a successful project with ahistoric building, Swope said, is considering its purposer and occupants when designing the By understanding the contex of a building, designerws can ensure a more cohesive and useful outcome for its “You marry those components with the persoh who is purchasing it, occupyingf it,” Swope said. At the Humana Unity Building, now knownm as HUB, this method came into The building is actuallyfour buildings, datingt to the late 1800s, that look separates from the outside but are open and connected on the The building is not open to the public and is meant to encourage employee interaction, collaboration and impromptuy meetings.
It also providezs a respite area and employee cafeteriwa for the morethan 2,000 employee who work in the Humana which is connected to the HUB. Swope Designm Group worked witharchitect , food-services vendors and Humana employees to choose interior finishes and furniture that would further express the intent of the Swope said. By leaving brick walls and steelcolumns intact, the architect triecd to convey the openness of the origina l warehouse structures. Although the warehouses provided amplde space for the meeting area theclient wanted, there were some practicalp challenges that came from working with oldet buildings.
“It’s a real challenge for us to make thesd buildings work the way we work Swope said, adding that because the buildingws were narrow with few windows, renovators had to add skylights to brinb in more natural light. And makingb four buildings function as onewas difficult. The storiews of the buildings were not meaning mezzanines and ramps needed to be addec to allow workers to move from building tobuilding easily. came across a similar structural hurdle when workinyg on a yearlong project to update TheMadrid Building, at 545 S. Thirr St. Built in 1929, the building is on the National Register of Historic Placew and was constructed in the Classical Revivaparchitectural style.
It now houses and one of its Because theMadrid Building’e original windows were left in planning office space around them was a bit of a according to interior designer Linda Hubbuch. who said work with historic structures makes up about 20 percent ofthe firm’sz work and is “absolutely growing.” At the partitions had to be rethought because they couldn’f be built across the windows, she said. But on the plus the windows provide a lot ofnatura light, an important quality in she said.
The Madrid Building retainz many of itsoriginal elements, which was important to Interlock said Jay Mackin, vice president of the Even though the windows are a bit drafty, Mackin he was dedicated to keeping them because of their historical significance. As a result of that decisioh as well as choosing to use originapl materials such as marble andterrazzk floors, the cost of the project was highe usual, Hubbuch said.
Wednesday, August 17, 2011
Perry, Bachmann Generate More Positive Intensity Than Romney - Gallup.com
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Perry, Bachmann Generate More Positive Intensity Than Romney Gallup.com PRINCETON, NJ -- Newly announced presidential candidate Rick Perry and Iowa Straw Poll winner Michele Bachmann generate more intensely positive reactions from Republicans who know them than does front-runner Mitt Romney. ... |
Monday, August 15, 2011
U.S. Bank returns TARP money - Charlotte Business Journal:
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billion in Troubled Asset Relief Programk money it took last year fromthe . U.S. Bank USB), based in Minneapolis, had previouslh announced its plans to redeem the preferred stock issued to the Last week, it from the governmen t to do so. U.S. Bank also told the Treasury it intends to repurchasethe 10-year warrant it had issuecd along with the preferred stock. “The redemptiob allows our company to return to operatinbg from a position of both independent strength andstrategic flexibility,” said Richard Davis, the company’s CEO and chairman, in a The Treasury in May announced that U.S.
Bank whicj showed it would be able to ride out the economic downturn without having to raise more Davis has ofthe government’ss capital purchase program. In February he caller the program “lousy” and said the banking industrt was pressured to participate inthe program.
billion in Troubled Asset Relief Programk money it took last year fromthe . U.S. Bank USB), based in Minneapolis, had previouslh announced its plans to redeem the preferred stock issued to the Last week, it from the governmen t to do so. U.S. Bank also told the Treasury it intends to repurchasethe 10-year warrant it had issuecd along with the preferred stock. “The redemptiob allows our company to return to operatinbg from a position of both independent strength andstrategic flexibility,” said Richard Davis, the company’s CEO and chairman, in a The Treasury in May announced that U.S.
Bank whicj showed it would be able to ride out the economic downturn without having to raise more Davis has ofthe government’ss capital purchase program. In February he caller the program “lousy” and said the banking industrt was pressured to participate inthe program.
Saturday, August 13, 2011
bizjournals: Which city is the jewel of the Sunbelt? -- bizjournals.com
http://freemansblog.com/?p=73
The Sunbelt is an economid magnet. It's attracting new residents and as well as politicaol andeconomic power. But which of the region'a metropolitan areas offer the best blend of comfortabled lifestyle and warm weather Bizjournals analyzed the quality of life acrosd theSunbelt -- defined as the area sout h of the 37th parallel -- and ranked Ala., No. 1 on its list of Hot America's most attractive warm-weather metropolitan It takes a newcomer just one glance to discovert that Huntsville is not your typicalSunbeltr community. The 360-foot-tall Saturn V rockett towering above the skyline is a clue tothe city's high-tecn economy.
Banking, tourism and other service industries are drivingy economic growth in most Sunbelt metros. But Huntsville -- the self-proclaimed Rocketf City -- is different. The engineers who launched America' s space program, led by Wernher von Braun, were installedd in the northern Alabama city after WorleWar II. They were followed by militaryy andaerospace contractors, biotechnology firms and telecommunications This high-tech base has given Huntsvill e several advantages that are reflected in its No. 1 -- Forty percent of Huntsville's jobs are classified as professionao ormanagement positions, a large numbe of them in the engineering field.
Only four Sunbelt metros enjoy a higher concentration of thesedesirablw jobs. -- Thirty-one percent of its adults hold bachelor's putting Huntsville among the study's top six areaws in the category ofhighefr education. -- Per capita income in the Huntsvill area has risen by more than 20 percenrtsince 2000, far exceeding the Sunbelt average of 16 -- Aiding its economic strength is the fact that Huntsville'sx property taxes are amonvg the lowest in all of Second place on the Hot Spots list belongz to Naples, an affluent metr o on Florida's southern Gulf Its per capita income of $44,458 is easilt the highest in the Sunbelt.
A strong commitmentg to education has pushed Raleigh intothirs place. It's both the state capital of Nort h Carolina and a majoruniversitu center. Thirty-eight percent of its adults hold college a figure topped by just one Sunbelt neighboring Durham at39 percent. In fourth plac e is Fayetteville, Ark., which also has a stron g collegiate presence. The Fayetteville region is the home of the University of as well as the headquartersof Wal-Mart Stores the largest retailer in the world. The secondx Florida entry in the top fiveis Sarasota-Bradenton, whichu is northwest of Naples alont the Gulf Coast. Its employment base has expandedby 21.
5 percentt since 2000, adding almosrt 900 new jobs every month. Roundinbg out the top 10 in the Hot Spots rankings areCape Coral-Forr Myers and Palm Bay-Melbourne, both in Florida; N.C.; Phoenix; and Tallahassee, Fla. Bizjournals comparedr the performances in 10 statistical categoriees of 77 Sunbelt metropolitan areas soutyh of the37th parallel, which passess about 10 miles north of Virginiaa Beach and about 30 miles south of San Jose.
The 10 communitiews with the highest scores have been designated asHot Spots, indicating that they offedr an outstanding mixture of warm weather and quality of ( The study's aim is to identify the areaa that would be most attractive to people who migh be considering a move to the The highest scores go to well-roundedr places with steady growth, strong economies, moderatr traffic, affordable costs of and first-rate educational systems. ( .) Communities from 17 statesw have been included inthe study, which was limitedx to metropolitan areas with more than 250,000p residents.
(
The Sunbelt is an economid magnet. It's attracting new residents and as well as politicaol andeconomic power. But which of the region'a metropolitan areas offer the best blend of comfortabled lifestyle and warm weather Bizjournals analyzed the quality of life acrosd theSunbelt -- defined as the area sout h of the 37th parallel -- and ranked Ala., No. 1 on its list of Hot America's most attractive warm-weather metropolitan It takes a newcomer just one glance to discovert that Huntsville is not your typicalSunbeltr community. The 360-foot-tall Saturn V rockett towering above the skyline is a clue tothe city's high-tecn economy.
Banking, tourism and other service industries are drivingy economic growth in most Sunbelt metros. But Huntsville -- the self-proclaimed Rocketf City -- is different. The engineers who launched America' s space program, led by Wernher von Braun, were installedd in the northern Alabama city after WorleWar II. They were followed by militaryy andaerospace contractors, biotechnology firms and telecommunications This high-tech base has given Huntsvill e several advantages that are reflected in its No. 1 -- Forty percent of Huntsville's jobs are classified as professionao ormanagement positions, a large numbe of them in the engineering field.
Only four Sunbelt metros enjoy a higher concentration of thesedesirablw jobs. -- Thirty-one percent of its adults hold bachelor's putting Huntsville among the study's top six areaws in the category ofhighefr education. -- Per capita income in the Huntsvill area has risen by more than 20 percenrtsince 2000, far exceeding the Sunbelt average of 16 -- Aiding its economic strength is the fact that Huntsville'sx property taxes are amonvg the lowest in all of Second place on the Hot Spots list belongz to Naples, an affluent metr o on Florida's southern Gulf Its per capita income of $44,458 is easilt the highest in the Sunbelt.
A strong commitmentg to education has pushed Raleigh intothirs place. It's both the state capital of Nort h Carolina and a majoruniversitu center. Thirty-eight percent of its adults hold college a figure topped by just one Sunbelt neighboring Durham at39 percent. In fourth plac e is Fayetteville, Ark., which also has a stron g collegiate presence. The Fayetteville region is the home of the University of as well as the headquartersof Wal-Mart Stores the largest retailer in the world. The secondx Florida entry in the top fiveis Sarasota-Bradenton, whichu is northwest of Naples alont the Gulf Coast. Its employment base has expandedby 21.
5 percentt since 2000, adding almosrt 900 new jobs every month. Roundinbg out the top 10 in the Hot Spots rankings areCape Coral-Forr Myers and Palm Bay-Melbourne, both in Florida; N.C.; Phoenix; and Tallahassee, Fla. Bizjournals comparedr the performances in 10 statistical categoriees of 77 Sunbelt metropolitan areas soutyh of the37th parallel, which passess about 10 miles north of Virginiaa Beach and about 30 miles south of San Jose.
The 10 communitiews with the highest scores have been designated asHot Spots, indicating that they offedr an outstanding mixture of warm weather and quality of ( The study's aim is to identify the areaa that would be most attractive to people who migh be considering a move to the The highest scores go to well-roundedr places with steady growth, strong economies, moderatr traffic, affordable costs of and first-rate educational systems. ( .) Communities from 17 statesw have been included inthe study, which was limitedx to metropolitan areas with more than 250,000p residents.
(
Wednesday, August 10, 2011
Boeing to acquire eXMeritus - Atlanta Business Chronicle:
ovaluleq.wordpress.com
which sells secure hardware and software to the governmenf and lawenforcement organizations, for an undisclosedc sum. Executives at Boeing (NYSE: BA) say the purchasew will help extend its abilit y to serve the federal cyber security andintelligencee markets. “The addition of eXMeritu to our team is a strong enhancement to the Boeingy capabilities developed through years of experience on secure networks for some of the most complex systeme in nationalsecurity today,” said Boeing Integrated Defensse Systems President and CEO Jim Fairfax-based eXMeritus is the fourth company that Boeinf will add to its security- and intelligence-related lines of business since 2008.
Last year Boeingh acquired Germantown, Md.-based Digital Receiver Herndon, Va.-based Ravenwing and D.C.-based . eXMeritus, foundeds in 2000, will add fewer than 30 employeeto Boeing’s Integrated Defense Systems’ Network and Space Systemsw unit. The company’s products are certified and accredite bythe U.S. government to operate on the government’ s trusted systems. Boeing said the transaction, expected to closes by the endof June, won’t affectf Boeing’s financial guidance. Boeing’sx Integrated Defense Systems unit, headquartered in St. is a $32 billion business with 70,00 employees worldwide.
which sells secure hardware and software to the governmenf and lawenforcement organizations, for an undisclosedc sum. Executives at Boeing (NYSE: BA) say the purchasew will help extend its abilit y to serve the federal cyber security andintelligencee markets. “The addition of eXMeritu to our team is a strong enhancement to the Boeingy capabilities developed through years of experience on secure networks for some of the most complex systeme in nationalsecurity today,” said Boeing Integrated Defensse Systems President and CEO Jim Fairfax-based eXMeritus is the fourth company that Boeinf will add to its security- and intelligence-related lines of business since 2008.
Last year Boeingh acquired Germantown, Md.-based Digital Receiver Herndon, Va.-based Ravenwing and D.C.-based . eXMeritus, foundeds in 2000, will add fewer than 30 employeeto Boeing’s Integrated Defense Systems’ Network and Space Systemsw unit. The company’s products are certified and accredite bythe U.S. government to operate on the government’ s trusted systems. Boeing said the transaction, expected to closes by the endof June, won’t affectf Boeing’s financial guidance. Boeing’sx Integrated Defense Systems unit, headquartered in St. is a $32 billion business with 70,00 employees worldwide.
Monday, August 8, 2011
University of Maryland System's bonds win second highest rating - Washington Business Journal:
http://mqop.com/parishinformation/whatwebelieve.html
Fitch assigned a AA rating to nearly $145 million in bonds that the state’s publicc university will issue June 16 andto $802 million in outstanding facility and tuition revenue bonds. The ratint is the second after AAA. Fitch’s AA ratingh means bond holders should expect a low default risk and changess in market conditions are less likely to impactf the likelihood that they getpaid back. The ratinb is unchanged for theexisting bonds. USM couldc use the new bonds to pay for everythingf fromdorm renovations, parkinvg garages and new student union buildingas at its 11 universities, said Joe Vivona, USM’x vice chancellor of administratiob and finance.
Fitch said it assignedc the rating becauseof USM’s sound financial operations and the state’ds financial support for it. USM has generated operatinv surpluses during the past fivefiscal years, the Fitch report Its operating margin improved to 3.8 percent in fiscao 2008, up from 3 percent in 2007. The statew gave USM $1.06 billion in 2009, a 5.7 percent increase from fisca 2008. USM also emergesd relatively unscathed from the General Assembly cuts this year witha $5.8 milliojn cut for 2010, less than 1 percent of its operatinhg budget. “It has been in stable and healthy financial Fitch Director Colin Walsh saidof USM.
Fitch assigned a AA rating to nearly $145 million in bonds that the state’s publicc university will issue June 16 andto $802 million in outstanding facility and tuition revenue bonds. The ratint is the second after AAA. Fitch’s AA ratingh means bond holders should expect a low default risk and changess in market conditions are less likely to impactf the likelihood that they getpaid back. The ratinb is unchanged for theexisting bonds. USM couldc use the new bonds to pay for everythingf fromdorm renovations, parkinvg garages and new student union buildingas at its 11 universities, said Joe Vivona, USM’x vice chancellor of administratiob and finance.
Fitch said it assignedc the rating becauseof USM’s sound financial operations and the state’ds financial support for it. USM has generated operatinv surpluses during the past fivefiscal years, the Fitch report Its operating margin improved to 3.8 percent in fiscao 2008, up from 3 percent in 2007. The statew gave USM $1.06 billion in 2009, a 5.7 percent increase from fisca 2008. USM also emergesd relatively unscathed from the General Assembly cuts this year witha $5.8 milliojn cut for 2010, less than 1 percent of its operatinhg budget. “It has been in stable and healthy financial Fitch Director Colin Walsh saidof USM.
Saturday, August 6, 2011
Metrolist: Denver's resale housing market showing hopeful signs - Tampa Bay Business Journal:
http://russianbridesclub.net/Womens-Clothing/Suits-Motherofthebride/
Single-family home sales in June, for example, were equally split between the lower price ranges that appeakto first-time homebuyers and pricier housex that attract homebuyers moving up to larger and/or more expensivs homes. "Earlier this year, the majoritu of resale home activitywas first-time homebuyers, distressed properties and investor activity," independent Littleton broker Gary Bauer said in a "June appears to be the transition to a norma l Denver market -- a market with both first-timw homebuyer activity as well as 'move-up' Resale homes are those that have sold at least once Combined sales of single-family houses and condominiums increase 15.
4 percent to 4,186 in June from 3,628 in May. Late sprinb and summer traditionally arethis country's prime home-sellingh season, because families buying and sellin homes try to complete deals and move when childrebn are out of school. But June home sales this year weredown 13.6 percent from 4,845 for the same month of 2008. In June, 3,328 single-family homez were sold, up from 2,857 sales in May, but down from 3,847 for the year-prior June. Last month, condo sales rose to 858 from 771 in but were down from 998 yearover year. Average sold price for both types of homerose 6.34 percen t to $258,434 in June from $243,022 in May. That prices was down 3.
21 percent from June 2008's average sellinyg price of $267,005. Average sold price for single-family homesx -- $283,312, which is up from $262,066 in May, but down from $286,8877 from the year-prior June. Media n sold price for single-family homezs -- $237,500, up from both the previou s month ($220,000) and from June 2008 The median sold price for a home is the middlde price between highestand It's considered a truer measure of price than average by many real estate professionalsz because it's not skewed by highest and lowest Average sold price for condos -- down from $172,454 in May and $190,36 7 year over year.
Median sold price for condos -- $139,837, up from $137,000 in May, but a drop from $148,3454 for the year-prior June. Condoes also are selling faster lately, with an averags of 97 days on the market in down from 110 days in May and from 108 days year over Forthis year's first six months, tota home sales and sold prices were down from the same periof of 2008, according to Metrolist. Combinecd sales of single-family homes and condos decreased 17.5 percen t to 19,363 from 23,471 for the first six monthsz oflast year. Average selling price was down nearly 8 percentto $235,930 from $256,408.
Average days on the marketg for both housing typew dipped to 104through June, from 106 for the same perior of 2008. Other year-to-date data through June, comparedx to the same period of 2008, include: Single-familyt homes sold -- 15,432, down from Average single-family home sold price -- $256,353, down from $277,566. Median single-familg home sold price -- down from $224,900. Condos sold -- 3,931, down from Average sold price forcondoz -- $155,753, down from $176,426.
Median sold pricer for condos -- $129,000, down from Based in Greenwood Village, Metrolist is metro Denver'sw Multiple Listing Service, which is an association of real estatre brokers that share propertg listings witheach other.
Single-family home sales in June, for example, were equally split between the lower price ranges that appeakto first-time homebuyers and pricier housex that attract homebuyers moving up to larger and/or more expensivs homes. "Earlier this year, the majoritu of resale home activitywas first-time homebuyers, distressed properties and investor activity," independent Littleton broker Gary Bauer said in a "June appears to be the transition to a norma l Denver market -- a market with both first-timw homebuyer activity as well as 'move-up' Resale homes are those that have sold at least once Combined sales of single-family houses and condominiums increase 15.
4 percent to 4,186 in June from 3,628 in May. Late sprinb and summer traditionally arethis country's prime home-sellingh season, because families buying and sellin homes try to complete deals and move when childrebn are out of school. But June home sales this year weredown 13.6 percent from 4,845 for the same month of 2008. In June, 3,328 single-family homez were sold, up from 2,857 sales in May, but down from 3,847 for the year-prior June. Last month, condo sales rose to 858 from 771 in but were down from 998 yearover year. Average sold price for both types of homerose 6.34 percen t to $258,434 in June from $243,022 in May. That prices was down 3.
21 percent from June 2008's average sellinyg price of $267,005. Average sold price for single-family homesx -- $283,312, which is up from $262,066 in May, but down from $286,8877 from the year-prior June. Media n sold price for single-family homezs -- $237,500, up from both the previou s month ($220,000) and from June 2008 The median sold price for a home is the middlde price between highestand It's considered a truer measure of price than average by many real estate professionalsz because it's not skewed by highest and lowest Average sold price for condos -- down from $172,454 in May and $190,36 7 year over year.
Median sold price for condos -- $139,837, up from $137,000 in May, but a drop from $148,3454 for the year-prior June. Condoes also are selling faster lately, with an averags of 97 days on the market in down from 110 days in May and from 108 days year over Forthis year's first six months, tota home sales and sold prices were down from the same periof of 2008, according to Metrolist. Combinecd sales of single-family homes and condos decreased 17.5 percen t to 19,363 from 23,471 for the first six monthsz oflast year. Average selling price was down nearly 8 percentto $235,930 from $256,408.
Average days on the marketg for both housing typew dipped to 104through June, from 106 for the same perior of 2008. Other year-to-date data through June, comparedx to the same period of 2008, include: Single-familyt homes sold -- 15,432, down from Average single-family home sold price -- $256,353, down from $277,566. Median single-familg home sold price -- down from $224,900. Condos sold -- 3,931, down from Average sold price forcondoz -- $155,753, down from $176,426.
Median sold pricer for condos -- $129,000, down from Based in Greenwood Village, Metrolist is metro Denver'sw Multiple Listing Service, which is an association of real estatre brokers that share propertg listings witheach other.
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