iFive: Skype iPhone Video, Android Music App, Smart Grid Smarts Problem ... Fast Company Leaked video has surfaced of a make-over for the Android Music App--a key element in the battle with Apple for the hearts and minds of smartphone buyers ... |
Thursday, December 30, 2010
iFive: Skype iPhone Video, Android Music App, Smart Grid Smarts Problem ... - Fast Company
surrounded-assistant.blogspot.com
Monday, December 27, 2010
Saturday, December 25, 2010
M&I commences $400M stock offer - Tampa Bay Business Journal:
llrx-royce.blogspot.com
Executives with Milwaukee-based M&I (NYSE: MI) said they intend to use the proceedws for general corporate purposes and may contribute a portion of the proceedw to the capital ofits subsidiaries. One possible use of the proceedss will be repurchasing a portion ofcapital M&II received through the Capital Purchase part of the federal Troubled Asset Relief Program (TARP). “Any such repurchase would be subjectg to consultation with and approvalby M&I’sx banking regulators,” the bank’s executives said. “Im the event that M&I chooses to seek such there can be no assurance that such approval woulxbe granted.
” Marshall & Ilsley had disclosed May 19 that it intendedd to sell common stock and that some or all of the fundsa could go to repaying TARP. The bank received a $1.7 billion capital infusion in November 2008undeer TARP. The underwriters of Thursday’s offering will be grantesd an option to purchase up to an additional 15 percengt of theshares sold. Co. Inc. and are acting as joint book-runners for the offering. Marshall Ilsley is a financial services corporationwith $61.9 billion in assets and is the largestg banking company headquartered in Wisconsin. M&I Marshall & Ilsley Bank is amongg the largest banks in the TampazBay area, with 11 officess and $605.
3 million in deposits, according to the most recent information available from the Federal Deposit Insurance Corp. M&I stockm closed at $6.42 on Wednesday.
Executives with Milwaukee-based M&I (NYSE: MI) said they intend to use the proceedws for general corporate purposes and may contribute a portion of the proceedw to the capital ofits subsidiaries. One possible use of the proceedss will be repurchasing a portion ofcapital M&II received through the Capital Purchase part of the federal Troubled Asset Relief Program (TARP). “Any such repurchase would be subjectg to consultation with and approvalby M&I’sx banking regulators,” the bank’s executives said. “Im the event that M&I chooses to seek such there can be no assurance that such approval woulxbe granted.
” Marshall & Ilsley had disclosed May 19 that it intendedd to sell common stock and that some or all of the fundsa could go to repaying TARP. The bank received a $1.7 billion capital infusion in November 2008undeer TARP. The underwriters of Thursday’s offering will be grantesd an option to purchase up to an additional 15 percengt of theshares sold. Co. Inc. and are acting as joint book-runners for the offering. Marshall Ilsley is a financial services corporationwith $61.9 billion in assets and is the largestg banking company headquartered in Wisconsin. M&I Marshall & Ilsley Bank is amongg the largest banks in the TampazBay area, with 11 officess and $605.
3 million in deposits, according to the most recent information available from the Federal Deposit Insurance Corp. M&I stockm closed at $6.42 on Wednesday.
Wednesday, December 22, 2010
Four Elite Universities Weigh Return of ROTC Programs as Ban on Gays Serving ... - ABC News
http://mackinacisland.org/recipes.html
Telegraph.co.uk | Four Elite Universities Weigh Return of ROTC Programs as Ban on Gays Serving ... ABC News Now as President Obama signed a repeal of the policy into law Wednesday, at least four elite universities have begun high-level discussions and convened ... Universities Consider Bringing Back ROTC After "Don't Ask" Repeal Bring ROTC back to Harvard and Yale ROTC's hard road back to campus |
Monday, December 20, 2010
Neiman Marcus: We have ample liquidity - Dallas Business Journal:
http://ecogastronomy.org/recipes/marielas-chocolate-coconut-bars
Under the credit facility, Dallas-based Neiman Marcus has the ability to borroww upto $600 million and the ability to requestg an additional $200 million if needed. The company also has $250 milliom in cash. The transaction was managed by , Retail Finance LLC, Securitieds LLC and Regions Business Other lendersinclude , , , and . “W are very pleased with the outcomwe of our process and the strongg level of support we received from this leading group of bank saidJim Skinner, executive vice president and CFO.
“We believe our success in maintainingour (credit) facility size is evidence of the confidence that our banking groupp has in our compant and our ability to effectivel y manage our business during this challenging economicv period. This facility, combinefd with our current cash balancre in excessof $250 million, provides us with ample liquiditg to support the growth of our company.”
Under the credit facility, Dallas-based Neiman Marcus has the ability to borroww upto $600 million and the ability to requestg an additional $200 million if needed. The company also has $250 milliom in cash. The transaction was managed by , Retail Finance LLC, Securitieds LLC and Regions Business Other lendersinclude , , , and . “W are very pleased with the outcomwe of our process and the strongg level of support we received from this leading group of bank saidJim Skinner, executive vice president and CFO.
“We believe our success in maintainingour (credit) facility size is evidence of the confidence that our banking groupp has in our compant and our ability to effectivel y manage our business during this challenging economicv period. This facility, combinefd with our current cash balancre in excessof $250 million, provides us with ample liquiditg to support the growth of our company.”
Friday, December 17, 2010
Local former Chrysler, GM dealers look to sell used cars - Austin Business Journal:
borislavamcoc.blogspot.com
Tony Wilkerson, executive director of the , said his organization has begun to lend assistance to dealers lost in thebankruptcy shuffle. “Our national organization has alreadyy sent letters to them to let them know aboug our organization and I plan to do the same thing for our Wilkerson said. “They were in the used car businesxsanyway – but if you’re stuck like many of them are, the overheadf costs for a used car dealershipl is nothing compared to a franchise.” the expansion of the locall used car market comes as prices are increasin and the availability of late-model used cars is pinched, he But according to Morgan Murphy, president of motorpool.
com, the initialk increase in prices should be looked at as merely a short-termm hurdle. “At first glance, that woulrd strike the community as bad but in thelong run, it’s good for resalr values,” Murphy said. When local consumers buy they will be able to demanf more when they choose tosell it, he In fact, the higher resale values might actually revive American car dealer s in the area. “American manufacturing has been similar and just as good as Japanesr andKorean manufacturing, but the problem has been re-sale valu and initial prices,” Murphy said.
In the meantime, Birmingham dealer affected can capitalize on the uniquwe landscape of the localk market on the usedcar side, he said. Many are family-ownedf and have been staples in the communituy formany decades. They are also encouraged by the fact that locao used car sales have seen an uptick amid the recession as buyers are more inclineed to look for a bargain as a means tospendr less. “Birmingham has a long and distinguishefd history ofreputable dealers,” Murphy said. “Dohn Drennen has been in businesssince 1908. That’s 101 years of serving our so there’s a culture arounx businesses like that.
” Theirr long-standing history could make local buyer s more inclined to buy used carsfrom them, he Ward Drennen, president of Don Drennenn Buick Chrysler and Jeep, said after learninf that his dealer agreemen t had been canceled with Chrysler, expanding his used car sales seemed like a real “We are going to expand our used car departmentzs drastically,” said Drennen, who was left with more than $2 millionb in Chrysler parts and merchandise. “We want to offed a great value to peoplewho can’gt afford a new car.
” Although he hasn’t stoppee looking into becoming a franchisewe for other automotive manufacturers, he is open to the idea of makinbg the switch to stay in business. “If is possible that we could become a used car said Drennen, who also learned that GM will seek to canceo the dealership agreement he has for his Buicik dealership. “We’ve been in Birminghakm long enough that our reputation can keepus
Tony Wilkerson, executive director of the , said his organization has begun to lend assistance to dealers lost in thebankruptcy shuffle. “Our national organization has alreadyy sent letters to them to let them know aboug our organization and I plan to do the same thing for our Wilkerson said. “They were in the used car businesxsanyway – but if you’re stuck like many of them are, the overheadf costs for a used car dealershipl is nothing compared to a franchise.” the expansion of the locall used car market comes as prices are increasin and the availability of late-model used cars is pinched, he But according to Morgan Murphy, president of motorpool.
com, the initialk increase in prices should be looked at as merely a short-termm hurdle. “At first glance, that woulrd strike the community as bad but in thelong run, it’s good for resalr values,” Murphy said. When local consumers buy they will be able to demanf more when they choose tosell it, he In fact, the higher resale values might actually revive American car dealer s in the area. “American manufacturing has been similar and just as good as Japanesr andKorean manufacturing, but the problem has been re-sale valu and initial prices,” Murphy said.
In the meantime, Birmingham dealer affected can capitalize on the uniquwe landscape of the localk market on the usedcar side, he said. Many are family-ownedf and have been staples in the communituy formany decades. They are also encouraged by the fact that locao used car sales have seen an uptick amid the recession as buyers are more inclineed to look for a bargain as a means tospendr less. “Birmingham has a long and distinguishefd history ofreputable dealers,” Murphy said. “Dohn Drennen has been in businesssince 1908. That’s 101 years of serving our so there’s a culture arounx businesses like that.
” Theirr long-standing history could make local buyer s more inclined to buy used carsfrom them, he Ward Drennen, president of Don Drennenn Buick Chrysler and Jeep, said after learninf that his dealer agreemen t had been canceled with Chrysler, expanding his used car sales seemed like a real “We are going to expand our used car departmentzs drastically,” said Drennen, who was left with more than $2 millionb in Chrysler parts and merchandise. “We want to offed a great value to peoplewho can’gt afford a new car.
” Although he hasn’t stoppee looking into becoming a franchisewe for other automotive manufacturers, he is open to the idea of makinbg the switch to stay in business. “If is possible that we could become a used car said Drennen, who also learned that GM will seek to canceo the dealership agreement he has for his Buicik dealership. “We’ve been in Birminghakm long enough that our reputation can keepus
Wednesday, December 15, 2010
City of Austin selects new HR chief - Austin Business Journal:
diluted-listed.blogspot.com
City Manager Marc Ott announcex the appointmenton Tuesday. Washington will begin his new positionn in Austin onAugust 1. The city's previouws HR director, Cathy Rodgers, retired in Marcjh 2008 and Assistant Director Tommyg Tucker has served as acting directorsince then. Washington served as assistanrt director in Fort Worthsinced 2003, overseeing recruiting, safety and othefr issues for a workforce of aboutg 6,800. He has 13 yearw of HR management experience. Here in Austin, he will managwe HR and civil service forthe city'ws 12,000 employees. The HR department itself consistsz of about100 employees. Washingtonn was one of 11 finalists interviewedf out of330 candidates.
Interviews consisted of four interview panelz which represented a cross section ofthe city’s Recruitment firm The Waters Consulting Grouo Inc. managed the selection processe that began inJuly 2008. Ott, who started as city managee in February, was formerly the assistant city manager in Fort Sincehis arrival, Ott has named at least three former colleagues from Fort Worth to posta in Austin, including assistant city managedr Robert Goode.
City Manager Marc Ott announcex the appointmenton Tuesday. Washington will begin his new positionn in Austin onAugust 1. The city's previouws HR director, Cathy Rodgers, retired in Marcjh 2008 and Assistant Director Tommyg Tucker has served as acting directorsince then. Washington served as assistanrt director in Fort Worthsinced 2003, overseeing recruiting, safety and othefr issues for a workforce of aboutg 6,800. He has 13 yearw of HR management experience. Here in Austin, he will managwe HR and civil service forthe city'ws 12,000 employees. The HR department itself consistsz of about100 employees. Washingtonn was one of 11 finalists interviewedf out of330 candidates.
Interviews consisted of four interview panelz which represented a cross section ofthe city’s Recruitment firm The Waters Consulting Grouo Inc. managed the selection processe that began inJuly 2008. Ott, who started as city managee in February, was formerly the assistant city manager in Fort Sincehis arrival, Ott has named at least three former colleagues from Fort Worth to posta in Austin, including assistant city managedr Robert Goode.
Sunday, December 12, 2010
Movies and animations feature excessive amount of smoking scenes: poll - TMCnet
http://www.squidoo.com/air-conditioners-r
Movies and animations feature excessive amount of smoking scenes: poll TMCnet Dec 11, 2010 (The China Post - McClatchy-Tribune Information Services via COMTEX) -- TAIPEI (THE CHINA POST/ANN) -- The number of movies showing people ... |
Friday, December 10, 2010
FAR economist Lawrence Yun stays positive in Tampa trip - Tampa Bay Business Journal:
http://www.huangrong.org/about.php
Those were just some of the insights chie economist Lawrence Yun shared with members of theThursday “We have the lowest mortgage rateas since President Eisenhower but not with jumbio loans,” Yun said. “We hear about the 50-year low mortgage rates at 4.9 percenr or 4.8 percent, but with jumbo they still remain stubbornly highat 6.5 percent and 7 Fannie and Freddie can’t buy those, so they have to chargwe a higher interest rate.” At the same time help is needer to sell homes listing for more than Yun said. “The government needs to raise the loan limitf or get rid of the loan limit altogethefr if they want the housing market to he said.
“In the middle we are seeing a risein foreclosures, and the high end will begibn to suffer if there are no If there are no buyers, then they have to reducwe prices, and reduce pricese and reduce prices, and we’ll neved find a bottom.” Last year, many of the foreclosures hittingv the market came from interesrt rate resets caused by adjustable rate Now, however, other economic issues like job loss and othedr large bills are fueling that particular which is likely to stay strong through the rest of the Yun said. “This area has had larg job creation inrecent years, but now we’re seeing job cuts that are much deepe than in past recessions,” Yun said.
One of the leadinh industries with job lossesis construction, but financiap jobs and business services aren’tf that far behind, he said. In the only areas that seem to be showing solid growtnh are education andhealth care. “Independent of any politicakl philosophy, the most likely occurrencse is that there will be increased healthy care spending and increasededucation spending, so we’ll probablyy continue to see growth in those areas over the next four Yun said. On a broader scale, the United Statesw is facing some of its biggest budgetdeficitsa ever, which could force the government to call on the thus boosting inflation. Such a move couled be good for homebuyers.
“In an inflationary society, the winnerzs would be property owners as they would see theirfvalues rise,” Yun said. “If it’s a deflation, the loserx would be responsible homeownerswith mortgages.” The signzs are in place for a home salews rebound. During the economicf downturn ofthe 1980s, home sales droppecd dramatically because mortgage rates were risingy from 10 to 18 percent, Yun said. In the most recentt prior recession, following the 11, 2001, terrorist attacks, home sales actually rose mostlh because mortgage rates were falling from 8 percenr downto 6.5 “Today, it is 5 percent, and it’s likelyu to be 5.
5 percent by the year’sz end,” Yun said. “That represents great Home salescan rise, even in a when the mortgage rates are We may be facing an unemployment rate of 10 which is a high unemploymeng rate, but that still means there are 90 percent of the peopler out there with jobs.”
Those were just some of the insights chie economist Lawrence Yun shared with members of theThursday “We have the lowest mortgage rateas since President Eisenhower but not with jumbio loans,” Yun said. “We hear about the 50-year low mortgage rates at 4.9 percenr or 4.8 percent, but with jumbo they still remain stubbornly highat 6.5 percent and 7 Fannie and Freddie can’t buy those, so they have to chargwe a higher interest rate.” At the same time help is needer to sell homes listing for more than Yun said. “The government needs to raise the loan limitf or get rid of the loan limit altogethefr if they want the housing market to he said.
“In the middle we are seeing a risein foreclosures, and the high end will begibn to suffer if there are no If there are no buyers, then they have to reducwe prices, and reduce pricese and reduce prices, and we’ll neved find a bottom.” Last year, many of the foreclosures hittingv the market came from interesrt rate resets caused by adjustable rate Now, however, other economic issues like job loss and othedr large bills are fueling that particular which is likely to stay strong through the rest of the Yun said. “This area has had larg job creation inrecent years, but now we’re seeing job cuts that are much deepe than in past recessions,” Yun said.
One of the leadinh industries with job lossesis construction, but financiap jobs and business services aren’tf that far behind, he said. In the only areas that seem to be showing solid growtnh are education andhealth care. “Independent of any politicakl philosophy, the most likely occurrencse is that there will be increased healthy care spending and increasededucation spending, so we’ll probablyy continue to see growth in those areas over the next four Yun said. On a broader scale, the United Statesw is facing some of its biggest budgetdeficitsa ever, which could force the government to call on the thus boosting inflation. Such a move couled be good for homebuyers.
“In an inflationary society, the winnerzs would be property owners as they would see theirfvalues rise,” Yun said. “If it’s a deflation, the loserx would be responsible homeownerswith mortgages.” The signzs are in place for a home salews rebound. During the economicf downturn ofthe 1980s, home sales droppecd dramatically because mortgage rates were risingy from 10 to 18 percent, Yun said. In the most recentt prior recession, following the 11, 2001, terrorist attacks, home sales actually rose mostlh because mortgage rates were falling from 8 percenr downto 6.5 “Today, it is 5 percent, and it’s likelyu to be 5.
5 percent by the year’sz end,” Yun said. “That represents great Home salescan rise, even in a when the mortgage rates are We may be facing an unemployment rate of 10 which is a high unemploymeng rate, but that still means there are 90 percent of the peopler out there with jobs.”
Tuesday, December 7, 2010
Boston ad shop Modernista and California
http://www.fjspa.com/tourneys/2006-11-26.html
The TV spot is for a new mobile And it’s pure . The piec e represents not just a chancre for the Boston agency that created the ad to rebound from amajorf client’s bankruptcy. The exotic advertisement also is part of a huge campaigby Inc. (Nasdaq: PALM), the company that laid the foundatiohn for smartphones such as the to returnto prominence. “This launch is huge for Palm,” said Colleenj Bullington, the senior advertising managerr atthe Sunnyvale, Calif., operation. “This is nothingg short of relaunching the company and from a marketingstandpoing we’re relaunching the brand.” “Palm has fallen off the map a littlee bit,” she added.
“There’s a lot of fresy enthusiasm and excitement at thecompany now. ... There’ s almost a startup mentality here. The whole company is singularlt focused on this Palm would not disclose billings for the titled “Flow,” but trade publications put the total for the campaign at abouty $30 million in billings. The who rehearsed for several weeks to preparw forthe shoot, are meant to convey the ease and intuitivenessx of the Palm Pre’s agency executives said.
For Modernista, which nabbed the plumb Palm assignmentlast December, the Pre’s launcn has been good news both in terms of the cash cominhg into the shop and the high-profiles nature of the campaign. The timing of the win is “prettyg important, frankly. Obviously the revenue for Hummer isn’t what it was in 2005 and 2006. is filling that gap, which is great,” said Lancse Jensen, Modernista co-founder and executive creative “It’s not like we’re closingh our doors or anything, but want to grow like everybodgy does. This is a good For the past year Modernista has been operatingv under a shadow cast by its largesttclient GM.
Since 2006, Modernistq has handled creative for its Hummer andCadillacf brands. Combined, the accountsw were once worth areported $850 million in billings. they are worth a fraction of that. Modernista’s employee ranks have thinned to95 employees, from a high of 157 stafferd in 2008. Smartphones represenyt “a good category for us to be Jensen said. “It gets us into the most important consumedr technologyavailable today.” If Modernista’s short-termk success is tethered to the success of the Palm Pre, earlyy sales are positive.
Palm has alreadg sold around 300,000 units of the Pre (double what analysts and is producingaround 15,000 units per day, Edwar Snyder, a mobile phonre analyst for Charter Equity Research, wrote in a report cited by the New York Times. Palm does not disclose salesx data. The Palm Pre retailes for $199 and went on sale in earlgy June. is the exclusive U.S. carrier. Palm’zs stock price has risen steadily in recenr weeks and is currently trading at justunder $16 per “For Modernista, getting an assignment like this will put them back on the map and show that they’rew alive and well and that they’re able to work in a spaces that is current,” said Judy Neer, presideng of advertising search consultancy Pile and Co.
Inc. in “It is the kind of (assignment) that every agency would like to get when they have been in a situation where one of their clientsw has goneinto bankruptcy.” Modernista’s last big commercial shoot was abouty two years ago for Cadillac and includes TV spots featuring celebrities, including “Grey’s Anatomy” actresse Kate Walsh. The agency also handles advertisintg for Hearts on Fire diamondsand , among Inspiration for “Flow” came from the openinfg ceremonies of the Beijing Olympics, Jensen said. “Wde just wanted to set a different mood for Palm and try to come up with stuft that willbreak through.
It’es what we always do — try to get The entire campaign is composed of severaol TV spots andonline components. Commercialas will air on both network and cableTV “About four months ago, people would say Blackberry and Now they’re saying Blackberry, Palm and iPhone,” Jensenj said. “We’re always going to be in competitio withthe iPhone, but that’s fantastic.
At least we’rew on the field with
The TV spot is for a new mobile And it’s pure . The piec e represents not just a chancre for the Boston agency that created the ad to rebound from amajorf client’s bankruptcy. The exotic advertisement also is part of a huge campaigby Inc. (Nasdaq: PALM), the company that laid the foundatiohn for smartphones such as the to returnto prominence. “This launch is huge for Palm,” said Colleenj Bullington, the senior advertising managerr atthe Sunnyvale, Calif., operation. “This is nothingg short of relaunching the company and from a marketingstandpoing we’re relaunching the brand.” “Palm has fallen off the map a littlee bit,” she added.
“There’s a lot of fresy enthusiasm and excitement at thecompany now. ... There’ s almost a startup mentality here. The whole company is singularlt focused on this Palm would not disclose billings for the titled “Flow,” but trade publications put the total for the campaign at abouty $30 million in billings. The who rehearsed for several weeks to preparw forthe shoot, are meant to convey the ease and intuitivenessx of the Palm Pre’s agency executives said.
For Modernista, which nabbed the plumb Palm assignmentlast December, the Pre’s launcn has been good news both in terms of the cash cominhg into the shop and the high-profiles nature of the campaign. The timing of the win is “prettyg important, frankly. Obviously the revenue for Hummer isn’t what it was in 2005 and 2006. is filling that gap, which is great,” said Lancse Jensen, Modernista co-founder and executive creative “It’s not like we’re closingh our doors or anything, but want to grow like everybodgy does. This is a good For the past year Modernista has been operatingv under a shadow cast by its largesttclient GM.
Since 2006, Modernistq has handled creative for its Hummer andCadillacf brands. Combined, the accountsw were once worth areported $850 million in billings. they are worth a fraction of that. Modernista’s employee ranks have thinned to95 employees, from a high of 157 stafferd in 2008. Smartphones represenyt “a good category for us to be Jensen said. “It gets us into the most important consumedr technologyavailable today.” If Modernista’s short-termk success is tethered to the success of the Palm Pre, earlyy sales are positive.
Palm has alreadg sold around 300,000 units of the Pre (double what analysts and is producingaround 15,000 units per day, Edwar Snyder, a mobile phonre analyst for Charter Equity Research, wrote in a report cited by the New York Times. Palm does not disclose salesx data. The Palm Pre retailes for $199 and went on sale in earlgy June. is the exclusive U.S. carrier. Palm’zs stock price has risen steadily in recenr weeks and is currently trading at justunder $16 per “For Modernista, getting an assignment like this will put them back on the map and show that they’rew alive and well and that they’re able to work in a spaces that is current,” said Judy Neer, presideng of advertising search consultancy Pile and Co.
Inc. in “It is the kind of (assignment) that every agency would like to get when they have been in a situation where one of their clientsw has goneinto bankruptcy.” Modernista’s last big commercial shoot was abouty two years ago for Cadillac and includes TV spots featuring celebrities, including “Grey’s Anatomy” actresse Kate Walsh. The agency also handles advertisintg for Hearts on Fire diamondsand , among Inspiration for “Flow” came from the openinfg ceremonies of the Beijing Olympics, Jensen said. “Wde just wanted to set a different mood for Palm and try to come up with stuft that willbreak through.
It’es what we always do — try to get The entire campaign is composed of severaol TV spots andonline components. Commercialas will air on both network and cableTV “About four months ago, people would say Blackberry and Now they’re saying Blackberry, Palm and iPhone,” Jensenj said. “We’re always going to be in competitio withthe iPhone, but that’s fantastic.
At least we’rew on the field with
Sunday, December 5, 2010
SURVEY: Brazil Likely To Hold Key Interest Rate Unchanged - Wall Street Journal
ucsffor-creditied.blogspot.com
Reuters Africa | SURVEY: Brazil Likely To Hold Key Interest Rate Unchanged W » |
Thursday, December 2, 2010
Winter Park apartments sell for $4M - South Florida Business Journal:
http://aspectsinc.com/4_WinFdrs.html
ONIC Golden Oaks LLC acquired the Golden Oaks apartmentds from Golden Oaks AffordablePartnerzs Ltd. and Golden Oaks of Florida LP May 18, accordinb to Orange County Real Estate Investment Services Orlando agents Patrick Skinner andKevi Yaryan, along with Washington agents Armanr Tiberio, Robert Sheppard and Spencer Hurst, represented he while Tiberio, Sheppard and Hurst also representee ONIC Golden Oaks. Orlando Neighborhood secured a $3.
7 milliomn first mortgage through Seattle-based , a delegated underwritinhg andservicing lender, according to a news It also received $1 million in federal housing fundsd from the Orange County Housing and Communithy Development Division plus additional money from NeighborWorks/E-America, a networ of nonprofit organizations promoting homeownershiop and neighborhood revitalization, the releasd said. Orlando Neighborhood expects tospend $1 millio improving Golden Oaks, which was built in the release said. Lane Management LLC, the property management arm of Atlanta-baseed Lane Co., will handle leasing and properth management.
The Orlando Neighborhood Improvement is a nonprofit developer and owner of affordablreand mixed-income housing properties in Central Florida. The organization has developedor co-developed 2,592 housing units and has 1,2155 in its portfolio.
ONIC Golden Oaks LLC acquired the Golden Oaks apartmentds from Golden Oaks AffordablePartnerzs Ltd. and Golden Oaks of Florida LP May 18, accordinb to Orange County Real Estate Investment Services Orlando agents Patrick Skinner andKevi Yaryan, along with Washington agents Armanr Tiberio, Robert Sheppard and Spencer Hurst, represented he while Tiberio, Sheppard and Hurst also representee ONIC Golden Oaks. Orlando Neighborhood secured a $3.
7 milliomn first mortgage through Seattle-based , a delegated underwritinhg andservicing lender, according to a news It also received $1 million in federal housing fundsd from the Orange County Housing and Communithy Development Division plus additional money from NeighborWorks/E-America, a networ of nonprofit organizations promoting homeownershiop and neighborhood revitalization, the releasd said. Orlando Neighborhood expects tospend $1 millio improving Golden Oaks, which was built in the release said. Lane Management LLC, the property management arm of Atlanta-baseed Lane Co., will handle leasing and properth management.
The Orlando Neighborhood Improvement is a nonprofit developer and owner of affordablreand mixed-income housing properties in Central Florida. The organization has developedor co-developed 2,592 housing units and has 1,2155 in its portfolio.
Monday, November 29, 2010
Recovery report - bizjournals:
http://alpenglow.org/about/gallery.html
Small businesses that are having troubl making payments onexisting non-SBA loans can borrowa as much as $35,000, interest-free. The money can be used to make as many as six monthw of payments of principap and interest on smalkbusiness debt, from mortgages to credit cards. Smalpl businesses will have one year after the final disbursement of theser bridge loans before they have to start payingthem back. They then will have five yearsz to repaythe loans. The stimuluxs bill called for the SBA to create the temporary loan which will haveabou $350 million available. The agencyg will guarantee 100 percent of the amoung ofthese America’s Recovery Capital loans.
SBA Administrato Karen Mills said the agency will begin accepting loan packagesaJune 15. SUPPLIER AID: The head of the wants the Obamas administration to help small businesses in theautomobile industry’a supply chain as part of its restructuringf efforts. has created a $5 billion program to help direct suppliers to and by guaranteeing their receivables. But second- and third-tier suppliers, which sell to direct aren’t eligible. Many now worry that they won’tr get paid for products they’ve already delivered because of Chrysler’sd bankruptcy filing and the likelihood that General Motors willfollos suit.
Banks share the same concern, making it nearlhy impossible for auto suppliersa toget loans.
Small businesses that are having troubl making payments onexisting non-SBA loans can borrowa as much as $35,000, interest-free. The money can be used to make as many as six monthw of payments of principap and interest on smalkbusiness debt, from mortgages to credit cards. Smalpl businesses will have one year after the final disbursement of theser bridge loans before they have to start payingthem back. They then will have five yearsz to repaythe loans. The stimuluxs bill called for the SBA to create the temporary loan which will haveabou $350 million available. The agencyg will guarantee 100 percent of the amoung ofthese America’s Recovery Capital loans.
SBA Administrato Karen Mills said the agency will begin accepting loan packagesaJune 15. SUPPLIER AID: The head of the wants the Obamas administration to help small businesses in theautomobile industry’a supply chain as part of its restructuringf efforts. has created a $5 billion program to help direct suppliers to and by guaranteeing their receivables. But second- and third-tier suppliers, which sell to direct aren’t eligible. Many now worry that they won’tr get paid for products they’ve already delivered because of Chrysler’sd bankruptcy filing and the likelihood that General Motors willfollos suit.
Banks share the same concern, making it nearlhy impossible for auto suppliersa toget loans.
Saturday, November 27, 2010
Thursday, November 25, 2010
Free Chick-fil-A meal on July 10 - South Florida Business Journal:
acklinegymejac1362.blogspot.com
The giveaway is part of the Atlanta-baseds chain’s fifth-annual Cow Appreciation Day, which honors its "Eatt Mor Chikin" Cows. In a related parents can enter photos oftheir cow-clad children as part of a "Show Us the online photo contest, for a chance to win a $1,00 0 U.S. Savings Bond. Between now and Aug. 31, childrej ages 10 and younger are encouraged to work with an adulty to submit creative photos of themselvesx dressedas cows. The contest Web www.CowAppreciationDay.com, has details abou uploading photos for the Once the picturesare uploaded, the public can vote for their favorite photo througu Aug. 31.
The 20 photographz that get the most Internet votees will be named Fromthe semifinalists, Chick-fil-A will selecyt five finalists and one grand prizer winner based on overall quality, originality, creativity and skill. The entrant'a age will be taken into accounftfor judging, Chick-fil-A said. The grand prize winner will receivea U.S. Series EE Savingzs Bond with a maturity valueof $1,000, a cateredd party for their classroom, free Chick-fil-A Kid's Meals for a year and a digital among other gifts.
Also each Kid's Meal from June 22 to July 25 will includee miniatureCow figurines, while supplies One out of every 100 of the cows will have gold spots instead of the traditional black spots and will be packagesd with a card redeemable for a free Ice
The giveaway is part of the Atlanta-baseds chain’s fifth-annual Cow Appreciation Day, which honors its "Eatt Mor Chikin" Cows. In a related parents can enter photos oftheir cow-clad children as part of a "Show Us the online photo contest, for a chance to win a $1,00 0 U.S. Savings Bond. Between now and Aug. 31, childrej ages 10 and younger are encouraged to work with an adulty to submit creative photos of themselvesx dressedas cows. The contest Web www.CowAppreciationDay.com, has details abou uploading photos for the Once the picturesare uploaded, the public can vote for their favorite photo througu Aug. 31.
The 20 photographz that get the most Internet votees will be named Fromthe semifinalists, Chick-fil-A will selecyt five finalists and one grand prizer winner based on overall quality, originality, creativity and skill. The entrant'a age will be taken into accounftfor judging, Chick-fil-A said. The grand prize winner will receivea U.S. Series EE Savingzs Bond with a maturity valueof $1,000, a cateredd party for their classroom, free Chick-fil-A Kid's Meals for a year and a digital among other gifts.
Also each Kid's Meal from June 22 to July 25 will includee miniatureCow figurines, while supplies One out of every 100 of the cows will have gold spots instead of the traditional black spots and will be packagesd with a card redeemable for a free Ice
Tuesday, November 23, 2010
Politicians want answers as rumors swirl NCR to leave Dayton - Dallas Business Journal:
http://jaiyesfoods.com/2009/04/06/artificial-sweeteners-a-bitter-truth-from-janet-schlarbaum/
Government officials said word begaj swirling in the community Thursday thatNCR (NYSE: NCR) is planningt to move its headquarters and 1,300 employees to the Atlantwa area and make an announcement about the move this week. NCR Global Spokesperson Richard Maton, speaking by phone Saturday from confirmed that an effort was made forOhio Gov. Ted Stricklanfd and NCR Chief Executive Officer Bill Nuti to however they were not ableto Strickland’s spokesperson said Saturday that he is “continuing to reach out to the compangy to have a direct conversation.
” When asked about NCR possibl y moving its headquarters out of Dayton, Maton said the company does not respond to rumoras and speculation. NCR Corporate Spokespersob Alan Ulman responded to questionsaboutt NCR’s plans with an e-mail message Saturdayh that read: “We have no announcement In the past, NCR has been quick to deny rumores of its relocation and affirkm its commitment to remaining in Dayton. The has repeatedlty sought information from the companysince Thursday, but NCR had not respondecd to their requests as of Fridahy evening, a development department spokespersom said.
Montgomery County Commissioner Dan Foley said he is frustrated by the lack of Foley said he has askexd multiplecompany officials, via to respond to the rumors, but has yet to receive any Foley said he, along with other county, statew and city of Dayton officials, have met with NCR representativee in the past in an effort to safeguard NCR’z local jobs. “All that said, nobody has confirmed to me that theier statushas changed,” Foleg said Saturday. “I have to assume that -- I I very much hope -- they are stayinyg in Dayton, because our citizens have helped builrd that company up tobe world-class and will continuer to do so.
” Rumors have long circulatedf that the company would move, however multiple government and economic development officialse said they reached a new level in the past few NCR is said to be seeking abou t 100,000 square feet of office space in . NCR is believed to have looked at sites in and Columbus, Ga. Based on the square footag estimates, the operation could house abouty 300 to400 people, accordingv to real estate sources.
Georgiza government and economic development officials remained tight-lipped on any potential In October, NCR said it woul move its Worldwide Customer Services headquarters to an Atlantwa suburb, investing $15 million and creating more than 900 jobs in the suburbsa of Peachtree City and The state of Georgia provided more than $8 milliohn in incentives, according to officials. NCR, founded locally in is the Dayton region’s second largesyt company, with 20,000 global employees and $5.3 billion in revenue in 2008.
The which sells ATMs and retailautomation systems, is Dayton’sd lone remaining Fortune 500 At one time, the company had more than 18,000 employeee in the Dayton area, but that number has dwindled duringg the past several decades. As recently as two yeares ago, NCR had about 2,00p Dayton employees. That number has decliner by about 700 workers in the pastseveraol years. In 2007, NCR announcedc it was relocating its executivs offices to New York City and leasingh an entire floor of the 7 World TradrCenter building. But, on paper, its headquarters remaineed in Dayton.
In March, the companu also told employees it is undergoingv a structural reorganization and would cut an unknowbn amount of itsglobal workforce. That same month, the company removed the language “world headquarters” from the sign at its Dayto campus, though it said at the time it wasjust
Government officials said word begaj swirling in the community Thursday thatNCR (NYSE: NCR) is planningt to move its headquarters and 1,300 employees to the Atlantwa area and make an announcement about the move this week. NCR Global Spokesperson Richard Maton, speaking by phone Saturday from confirmed that an effort was made forOhio Gov. Ted Stricklanfd and NCR Chief Executive Officer Bill Nuti to however they were not ableto Strickland’s spokesperson said Saturday that he is “continuing to reach out to the compangy to have a direct conversation.
” When asked about NCR possibl y moving its headquarters out of Dayton, Maton said the company does not respond to rumoras and speculation. NCR Corporate Spokespersob Alan Ulman responded to questionsaboutt NCR’s plans with an e-mail message Saturdayh that read: “We have no announcement In the past, NCR has been quick to deny rumores of its relocation and affirkm its commitment to remaining in Dayton. The has repeatedlty sought information from the companysince Thursday, but NCR had not respondecd to their requests as of Fridahy evening, a development department spokespersom said.
Montgomery County Commissioner Dan Foley said he is frustrated by the lack of Foley said he has askexd multiplecompany officials, via to respond to the rumors, but has yet to receive any Foley said he, along with other county, statew and city of Dayton officials, have met with NCR representativee in the past in an effort to safeguard NCR’z local jobs. “All that said, nobody has confirmed to me that theier statushas changed,” Foleg said Saturday. “I have to assume that -- I I very much hope -- they are stayinyg in Dayton, because our citizens have helped builrd that company up tobe world-class and will continuer to do so.
” Rumors have long circulatedf that the company would move, however multiple government and economic development officialse said they reached a new level in the past few NCR is said to be seeking abou t 100,000 square feet of office space in . NCR is believed to have looked at sites in and Columbus, Ga. Based on the square footag estimates, the operation could house abouty 300 to400 people, accordingv to real estate sources.
Georgiza government and economic development officials remained tight-lipped on any potential In October, NCR said it woul move its Worldwide Customer Services headquarters to an Atlantwa suburb, investing $15 million and creating more than 900 jobs in the suburbsa of Peachtree City and The state of Georgia provided more than $8 milliohn in incentives, according to officials. NCR, founded locally in is the Dayton region’s second largesyt company, with 20,000 global employees and $5.3 billion in revenue in 2008.
The which sells ATMs and retailautomation systems, is Dayton’sd lone remaining Fortune 500 At one time, the company had more than 18,000 employeee in the Dayton area, but that number has dwindled duringg the past several decades. As recently as two yeares ago, NCR had about 2,00p Dayton employees. That number has decliner by about 700 workers in the pastseveraol years. In 2007, NCR announcedc it was relocating its executivs offices to New York City and leasingh an entire floor of the 7 World TradrCenter building. But, on paper, its headquarters remaineed in Dayton.
In March, the companu also told employees it is undergoingv a structural reorganization and would cut an unknowbn amount of itsglobal workforce. That same month, the company removed the language “world headquarters” from the sign at its Dayto campus, though it said at the time it wasjust
Monday, November 22, 2010
Accelera buys Kenexa unit - Baltimore Business Journal:
http://itefforts.com/debt/loan_index-21.php
Accelera plans to keep Kenexa'xs Learning Solutions Group intact atits N.J. headquarters while combining thetwo companies' strengths in medical produc t sales and marketing. "Like Accelera, Kenexa's Learning Solutions Group has top-notcy client service and productdevelopment professionals," said Acceleraq President Deborah Ung. "They also have a numbef of proprietary disease state and therapeutic care productsd andeconomical off-the-shelf products that complement ours to providse a broader range of learning solutions to medical device, and biotechnology companies as well as medicakl associations.
" Terms of the deal were not Accelera executives said its company's revenues grew 150 percent last The company has a licensing agreement with Johns Hopkinsz University to develop medica video tools and e-learning technologies. Accelera is a subsidiarh of privately held AlphaGenesis LLC. Kenexa is basexd in Wayne, Penn.
Accelera plans to keep Kenexa'xs Learning Solutions Group intact atits N.J. headquarters while combining thetwo companies' strengths in medical produc t sales and marketing. "Like Accelera, Kenexa's Learning Solutions Group has top-notcy client service and productdevelopment professionals," said Acceleraq President Deborah Ung. "They also have a numbef of proprietary disease state and therapeutic care productsd andeconomical off-the-shelf products that complement ours to providse a broader range of learning solutions to medical device, and biotechnology companies as well as medicakl associations.
" Terms of the deal were not Accelera executives said its company's revenues grew 150 percent last The company has a licensing agreement with Johns Hopkinsz University to develop medica video tools and e-learning technologies. Accelera is a subsidiarh of privately held AlphaGenesis LLC. Kenexa is basexd in Wayne, Penn.
Saturday, November 20, 2010
Report: Google CEO turns down Obama cabinet post - San Francisco Business Times:
http://blog-gmccars.com/History_GMC
Reuters reported that Schmidt declined such a post in a TVintervie Friday. Obama said during his campaign for the presidency that he would create a cabinet post simila r to a chief technology officer to advise ontech Schmidt, a strong supporter of Obama, was seen by some watcheres as likely to be tapped for that post. Googl (NASDAQ: GOOG) is based in Mountaih View. Last week Obama picked Julius Genachowski, who has linkxs to parent . and to , to help him chooser people for a new administrationin Washington.
The choicde convinced some that technology policy and a favorablwe attitudetoward high-tech busineses could be a big part of Obama’s focus as Schmidt topped a list of 10 likelyy candidates for the cabinet post put up by Genachowski himself came in at No. 2. Others on the list includef Redmond, Wash.-based (NASDAQ: MSFT) founder Bill Gates and San Jose-baseed (NASDAQ: CSCO) chief John Chambers.
Reuters reported that Schmidt declined such a post in a TVintervie Friday. Obama said during his campaign for the presidency that he would create a cabinet post simila r to a chief technology officer to advise ontech Schmidt, a strong supporter of Obama, was seen by some watcheres as likely to be tapped for that post. Googl (NASDAQ: GOOG) is based in Mountaih View. Last week Obama picked Julius Genachowski, who has linkxs to parent . and to , to help him chooser people for a new administrationin Washington.
The choicde convinced some that technology policy and a favorablwe attitudetoward high-tech busineses could be a big part of Obama’s focus as Schmidt topped a list of 10 likelyy candidates for the cabinet post put up by Genachowski himself came in at No. 2. Others on the list includef Redmond, Wash.-based (NASDAQ: MSFT) founder Bill Gates and San Jose-baseed (NASDAQ: CSCO) chief John Chambers.
Friday, November 19, 2010
'Publicising relationship unnecessary' - Times of India
http://www.tl-edu.net/Heros-And-Who-We-Are.html
New York Daily News | 'Publicising relationship unnecessary' Times of India "It's just unnecessary to be a public couple, and to have your couple-dom, or whatever, be its own entity. It doesn't make sense to have that in the public ... Gwyneth Paltrow: `High profile relationships are unnecessary` Gwyneth Paltrow hates celebrity couples, we look at some of our » |
Wednesday, November 17, 2010
Opus South green lights third Quadrangle project - Orlando Business Journal:
http://financeservicesnews.com/category/valuation/page/2
The three-story, 103,996-square-foot office building will be in the hearr ofThe Quadrangle, off Corporate Boulevard near the University of Central Florida and the Central Floridaz Research Park. The Class A speculative office buildinbg marks the third facility Opus will have developed ther and is part ofOpus South's renewed focuds in Orlando and other parts of Florida in developing office buildings, company officials say. "We've been focusingf on doing large downtown mixed use, and residentia l and retail.
Now that the office market is reallgy pickingup steam, we're settinyg our sights on office opportunitiews again," says Bill West, director of real estate for Opus In fact, West says, Opus South decided to develoo its third Class A office building in the submarke t based on the success of its previouw two. The firm's first University Corporate Center I, was finishef in 1999 and is a three-story, 124,000-square-foot, 100 percent-leasedf building, says Greg who leads the Orlando office ofGVA Advantis, which has handledr leasing for the building for the last three years.
Opus South'es University Corporate Center II, built in is a three-story, 103,996-square-foot building that is 92 percent leased. Morrison says the plans for the thirxbuilding couldn't come at a more opportune time. Officre space within the submarket is performing and more space that comes on the marke there isgetting absorbed, he A third-quarter office report by GVA Advantis shows the University/Research submarket has had the second-greatest impact on the Orlandoi area's office market so far this year.
Throughb the third quarter, 218,083 square feet was leaseed inthat submarket, representing 16 percent of the tota space that came on the market and was lease d throughout the region, the report Another plus for the project's timing, Morrison is the fact that the submarket doesn't have a buildingv of the type or size Opus South is proposingh to build currently available or undeer construction. That, the industry pro says, only adds to its Add all of thosefactors up, he and "we certainly expect to be successful at leasiny that building." As to future projects, look for Opus Soutu to develop more retail, mixed use and industrial spacre in the metro area in 2007, West says.
"We'rre looking to re-establish our presence in the Orlando market." Parenty company: The Opus a $1.4 billion national real estate developmeny company that has completed morethan 2,200 office, industrial and retail projects nationally Develops office, retail, industrial, mixed use, residential projects in the South Local projects: University Corporate Center III, Shoppes of Four Corners in Davenport
The three-story, 103,996-square-foot office building will be in the hearr ofThe Quadrangle, off Corporate Boulevard near the University of Central Florida and the Central Floridaz Research Park. The Class A speculative office buildinbg marks the third facility Opus will have developed ther and is part ofOpus South's renewed focuds in Orlando and other parts of Florida in developing office buildings, company officials say. "We've been focusingf on doing large downtown mixed use, and residentia l and retail.
Now that the office market is reallgy pickingup steam, we're settinyg our sights on office opportunitiews again," says Bill West, director of real estate for Opus In fact, West says, Opus South decided to develoo its third Class A office building in the submarke t based on the success of its previouw two. The firm's first University Corporate Center I, was finishef in 1999 and is a three-story, 124,000-square-foot, 100 percent-leasedf building, says Greg who leads the Orlando office ofGVA Advantis, which has handledr leasing for the building for the last three years.
Opus South'es University Corporate Center II, built in is a three-story, 103,996-square-foot building that is 92 percent leased. Morrison says the plans for the thirxbuilding couldn't come at a more opportune time. Officre space within the submarket is performing and more space that comes on the marke there isgetting absorbed, he A third-quarter office report by GVA Advantis shows the University/Research submarket has had the second-greatest impact on the Orlandoi area's office market so far this year.
Throughb the third quarter, 218,083 square feet was leaseed inthat submarket, representing 16 percent of the tota space that came on the market and was lease d throughout the region, the report Another plus for the project's timing, Morrison is the fact that the submarket doesn't have a buildingv of the type or size Opus South is proposingh to build currently available or undeer construction. That, the industry pro says, only adds to its Add all of thosefactors up, he and "we certainly expect to be successful at leasiny that building." As to future projects, look for Opus Soutu to develop more retail, mixed use and industrial spacre in the metro area in 2007, West says.
"We'rre looking to re-establish our presence in the Orlando market." Parenty company: The Opus a $1.4 billion national real estate developmeny company that has completed morethan 2,200 office, industrial and retail projects nationally Develops office, retail, industrial, mixed use, residential projects in the South Local projects: University Corporate Center III, Shoppes of Four Corners in Davenport
Monday, November 15, 2010
ADP reports 532,000 May job cuts - Kansas City Business Journal:
http://sjaroundthebay.org/?p=1685
Payroll firm ADP reported Wednesday that companies inthe U.S. cut an estimatesd 532,000 workers from payrolls last month. ADP also revisec higher its estimate of cuts in Aprilto 545,00o from the previous estimate of 491,000. The ADP reporf noted losses across all sizes and categories of businessed with large business payrollsdeclining 100,000, medium businesses shedding 223,000 jobs and smal businesses cutting 209,000 employees. The goods-producing sectof lost 267,000 jobs while the service-producing sector declineds by 265,000 positions. The Labor Department is due to release its jobs reporgon Friday.
The average analystg estimate for that report of government as well as private payrolla is a lossof 520,000 payroll positions and an increase in the unemployment rate to 9.2 percenrt from April’s rate of 8.9 percent. On The Institute for Supply Management announced that its factory indes rose to the highest level since last Septembedr as new orders posted their first gain since therecessioh began. On Tuesday the National Associatioh of Realtors reported that pendinh sales ofexisting homes, or contracts signed but not rose 6.7 percent in April, the largest increase in six years.
Payroll firm ADP reported Wednesday that companies inthe U.S. cut an estimatesd 532,000 workers from payrolls last month. ADP also revisec higher its estimate of cuts in Aprilto 545,00o from the previous estimate of 491,000. The ADP reporf noted losses across all sizes and categories of businessed with large business payrollsdeclining 100,000, medium businesses shedding 223,000 jobs and smal businesses cutting 209,000 employees. The goods-producing sectof lost 267,000 jobs while the service-producing sector declineds by 265,000 positions. The Labor Department is due to release its jobs reporgon Friday.
The average analystg estimate for that report of government as well as private payrolla is a lossof 520,000 payroll positions and an increase in the unemployment rate to 9.2 percenrt from April’s rate of 8.9 percent. On The Institute for Supply Management announced that its factory indes rose to the highest level since last Septembedr as new orders posted their first gain since therecessioh began. On Tuesday the National Associatioh of Realtors reported that pendinh sales ofexisting homes, or contracts signed but not rose 6.7 percent in April, the largest increase in six years.
Sunday, November 14, 2010
Magowan, 11 others, named most-admired CEOs - San Francisco Business Times:
haygoodfoafyga1359.blogspot.com
Magowan was one of 12 Bay Area CEOs recognizec for their achievements in an gala awards dinner in San FranciscooWednesday night. CEOs were judger on their leadership inside and outsidetheid companies; financial performance of the companiesz during their tenures; and community involvement. Hamie Moghadam, CEO of (NYSE: AMB) in San Public Company Over $500 Million in Jerry Kennelly, CEO of (NASDAQ: in San Francisco, $500 Million in revenue. Anne Bakar, CEO of Alameda-basecd , Private Company Over 500 Employees. John Conover, CEO of in San Private Company Under 500 CelesteVolz Ford, CEO of in Palo Small Business. Mark Barnekow, Redwood City-based , Emergingy Growth. Ralph Baxter Jr.
, chairmanm of San Francisco-based , Debora Alvarez-Rodriguez, CEO of , San Matelo and Marin Counties, Nonprofit. Martin CEO of in San Francisco, Institution. Andy Ball, CEO of in San Corporate Citizen. Mike Sangiacomo, CEO of in San Sustainability Leader. Profiles of the winneres appear in a specialo publication appearing inthe Nov. 14 issue of the San FranciscloBusiness Times.
Magowan was one of 12 Bay Area CEOs recognizec for their achievements in an gala awards dinner in San FranciscooWednesday night. CEOs were judger on their leadership inside and outsidetheid companies; financial performance of the companiesz during their tenures; and community involvement. Hamie Moghadam, CEO of (NYSE: AMB) in San Public Company Over $500 Million in Jerry Kennelly, CEO of (NASDAQ: in San Francisco, $500 Million in revenue. Anne Bakar, CEO of Alameda-basecd , Private Company Over 500 Employees. John Conover, CEO of in San Private Company Under 500 CelesteVolz Ford, CEO of in Palo Small Business. Mark Barnekow, Redwood City-based , Emergingy Growth. Ralph Baxter Jr.
, chairmanm of San Francisco-based , Debora Alvarez-Rodriguez, CEO of , San Matelo and Marin Counties, Nonprofit. Martin CEO of in San Francisco, Institution. Andy Ball, CEO of in San Corporate Citizen. Mike Sangiacomo, CEO of in San Sustainability Leader. Profiles of the winneres appear in a specialo publication appearing inthe Nov. 14 issue of the San FranciscloBusiness Times.
Saturday, November 13, 2010
'Up' avoids 'Hangover' at box office - Birmingham Business Journal:
http://www.catalogler.com/article/held-to-ransom-over-pizza/
"Up" brought in an estimater $44,244,000 in its second beating out the new releasefrom , which broughtg in an estimated $43,275,000. Another new 's "Land of the Lost," came in well in thir d with anestimated $19,524,000. According to a report on Box Officr Mojo, which tracks box-office revenue, "Up" was show on about 6,700 screens at 3,818 sitea and "The Hangover" was shown on about 4,500 screens at 3,269 Coming in fourth was last week' number-two movie, "Night at the Battle of the Smithsonian" from , which brought in an estimatexd $14,650,000.
Rounding out the top five is 'es "Star Trek," which brought in an esimatedr $8,400,000. The report says that "Stard Trek" has brought in $222.8 millio n in 31 days, making it the second-biggest box officew smash in the "Star Trek" when adjusted for ticket price The top spot belongs to theoriginal "Star Trek: The Motion Picture."
"Up" brought in an estimater $44,244,000 in its second beating out the new releasefrom , which broughtg in an estimated $43,275,000. Another new 's "Land of the Lost," came in well in thir d with anestimated $19,524,000. According to a report on Box Officr Mojo, which tracks box-office revenue, "Up" was show on about 6,700 screens at 3,818 sitea and "The Hangover" was shown on about 4,500 screens at 3,269 Coming in fourth was last week' number-two movie, "Night at the Battle of the Smithsonian" from , which brought in an estimatexd $14,650,000.
Rounding out the top five is 'es "Star Trek," which brought in an esimatedr $8,400,000. The report says that "Stard Trek" has brought in $222.8 millio n in 31 days, making it the second-biggest box officew smash in the "Star Trek" when adjusted for ticket price The top spot belongs to theoriginal "Star Trek: The Motion Picture."
Wednesday, November 10, 2010
Spirit, SPEEA talks to continue - Wichita Business Journal:
afyfojahejus.blogspot.com
Bob Brewer, SPEEA Midwest Director, says talks had been put on hold as key membere of the negotiating teams were attendingb the Paris Air Showlast week. “Thid gave them a chance to come back and get caughr back up onthe process,” Brewer says. The represents 710 workerzs at Spirit. The current contract expires July 11 and the two sides have been in negotiations sinceJune 9. Brewef says the process is moving along well and that all of the noneconomicv issues have been takencare of.
All that’s left he says are the economixc issues such as benefits and worker Debbie Gann, Spirit spokesperson, says the compant doesn’t comment on on-going But Brewer is hopeful that the talkes won’t need to go on much “We’re thinking that anotherr couple days at the table and we can have this thinh worked out,” he says.
Bob Brewer, SPEEA Midwest Director, says talks had been put on hold as key membere of the negotiating teams were attendingb the Paris Air Showlast week. “Thid gave them a chance to come back and get caughr back up onthe process,” Brewer says. The represents 710 workerzs at Spirit. The current contract expires July 11 and the two sides have been in negotiations sinceJune 9. Brewef says the process is moving along well and that all of the noneconomicv issues have been takencare of.
All that’s left he says are the economixc issues such as benefits and worker Debbie Gann, Spirit spokesperson, says the compant doesn’t comment on on-going But Brewer is hopeful that the talkes won’t need to go on much “We’re thinking that anotherr couple days at the table and we can have this thinh worked out,” he says.
Monday, November 8, 2010
Ashland jumps on distribution unit sale for $930M - Forbes
gardellaorymiid1354.blogspot.com
RTT News | Ashland jumps on distribution unit sale for $930M Forbes By AP , 11.08.10, 06:31 PM EST Shares of chemical maker Ashland Inc. jumped Monday after the company announced the sale of its distribution business to ... Ashland shares jump after company sells distribution business to TPG Capital ... Ashland Agrees to Sell Distribution Unit to TPG for $930 Million Ashland to Sell a Unit to TPG for $930 Million |
Sunday, November 7, 2010
Apple's iPhone, iPad, Mac pixel anomaly policy leaked - CNET (blog)
http://www.darulghufran.org/education-for-the-young/alive-programme/
Gadget Venue | Apple's iPhone, iPad, Mac pixel anomaly policy leaked CNET (blog) LCD screens (even the replacement ones) could certainly contain anomalies right out of the box, so it is important to remember that Apple is not required to ... News: Apple's dead pixel policy revealed in leaked doc? Buy "Apple" Black Friday Apple dead pixel policy leaked Apple dead pixel policy: one for iPhone, three for iPad |
Friday, November 5, 2010
Tide-Tigers, Frogs-Utes will help shake BCS picture out - CBSSports.com
http://scholarshiphunter.com/studentloansdirect.html
Kansas City Star | Tide-Tigers, Frogs-Utes will help shake BCS picture out CBSSports.com Two big games this week might have a lot to tell us about how the rest of the season will shape up, and they are being played at the same time ... BCS Rankings 2010: Breaking Down an Auburn-TCU National Championship |
Thursday, November 4, 2010
Ruling on Coyotes move could come Wednesday - The Business Review (Albany):
vasilisaxavymar.blogspot.com
U.S. Bankruptcy Court Judge Redfielx Baum struggled to stay on taskat Tuesday’ds hearing as attorneys representing Balsillie, Coyotese owner Jerry Moyes, the city of Glendale, the and other professional sports leagues delivered hours of oral argumentsz over bankruptcy code, anti-trust law, relocation and other legal issues. Baum and the myriac of attorneys delved into obscurse bankruptcy provisions and past relocations by teams includint theOakland Raiders, San Diego Clippers, Quebedc Nordiques and Baltimore Colts.
Baum focused on whethe Balsillie will have to pay the NHL a relocatio fee on top ofhis $213 million offer to buy the financially strapped Coyotes from Phoenix truckin g company owner Jerry Moyes. The relocation fee could totaol as muchas $100 million, court documents Baum appears ready to rule that the NHL has the rightds to the Hamilton marke t and if the Coyotes are moved there, Balsillied will have to compensatwe the league for loss of an expansioj opportunity. The city of Glendale pressed Baum to considerf legal claims and costs that wouldf accompany a move to That could offset an offer as lowas $140 milliomn by parties wanting to keep the team in Arizona, city representativea said.
Glendale officials said they wouldx make a claim for as muchas $500 million if the team breaksd its lease at the city-owned Jobing.comn Arena. Arena concessionaire Aramark Corp. also could make a Moyes and Balsillie’s attorneys arguer that a lease claim is subject to various monetary caps and that the courty can discharge lease terms and penalties in order to maximizethe team’s value for Moyes said a decision could come Wednesdag and has urged the court to hold an auction sale for the hockehy team on June 22. The NHL and Glendale say the sale shouldr be put off until August and the leagus said it will financse the Coyotes into next season ifneed be.
Glendal attorneys also pressed Baum to find out how much moneyy Moyes may have taken out of the They point to the fact the Coyotes spenf money leasing private office space at Westgated City Center instead of usingarenaq offices. Moyes spokesman Stevr Roman saidthe city’s speculation that Moyes is profiting from that arrangement is false. Moyese and Westgate developer Steve Ellman spligjoint assets, including the Coyotes, in 2006 with Moyes takingv over as team owner. The Coyotes have lost more than $300 milliobn since moving to Phoenix from Winnipegin 1996.
U.S. Bankruptcy Court Judge Redfielx Baum struggled to stay on taskat Tuesday’ds hearing as attorneys representing Balsillie, Coyotese owner Jerry Moyes, the city of Glendale, the and other professional sports leagues delivered hours of oral argumentsz over bankruptcy code, anti-trust law, relocation and other legal issues. Baum and the myriac of attorneys delved into obscurse bankruptcy provisions and past relocations by teams includint theOakland Raiders, San Diego Clippers, Quebedc Nordiques and Baltimore Colts.
Baum focused on whethe Balsillie will have to pay the NHL a relocatio fee on top ofhis $213 million offer to buy the financially strapped Coyotes from Phoenix truckin g company owner Jerry Moyes. The relocation fee could totaol as muchas $100 million, court documents Baum appears ready to rule that the NHL has the rightds to the Hamilton marke t and if the Coyotes are moved there, Balsillied will have to compensatwe the league for loss of an expansioj opportunity. The city of Glendale pressed Baum to considerf legal claims and costs that wouldf accompany a move to That could offset an offer as lowas $140 milliomn by parties wanting to keep the team in Arizona, city representativea said.
Glendale officials said they wouldx make a claim for as muchas $500 million if the team breaksd its lease at the city-owned Jobing.comn Arena. Arena concessionaire Aramark Corp. also could make a Moyes and Balsillie’s attorneys arguer that a lease claim is subject to various monetary caps and that the courty can discharge lease terms and penalties in order to maximizethe team’s value for Moyes said a decision could come Wednesdag and has urged the court to hold an auction sale for the hockehy team on June 22. The NHL and Glendale say the sale shouldr be put off until August and the leagus said it will financse the Coyotes into next season ifneed be.
Glendal attorneys also pressed Baum to find out how much moneyy Moyes may have taken out of the They point to the fact the Coyotes spenf money leasing private office space at Westgated City Center instead of usingarenaq offices. Moyes spokesman Stevr Roman saidthe city’s speculation that Moyes is profiting from that arrangement is false. Moyese and Westgate developer Steve Ellman spligjoint assets, including the Coyotes, in 2006 with Moyes takingv over as team owner. The Coyotes have lost more than $300 milliobn since moving to Phoenix from Winnipegin 1996.
Tuesday, November 2, 2010
Warmington Homes builds against the tide in downtown San Jose - Silicon Valley / San Jose Business Journal:
fugycyquwod.blogspot.com
The Costa Mesa company believes the product single familyhouses — and its location near Japantowb is a good bet. Mark Rowson, Warmington’sw Northern California division president, said the development is a unique one for downtownmSan Jose, which has been constructintg towering high rises. This projecrt has a suburban flavor andfeatures two-storty homes, with a small yard and two-cae garage. The 2,000-square-foot homes will start in the mid- to high The builder will construct four in the first In downtownSan Jose, there have been no single-family detachecd homes built in the last few Rowson said. Warmington purchased the 10-acre industriall site in December 2008.
Standard Pacificf Homes had an option on the land in 2006 at the top the markeft and began work onthe project. But Standarx walked away when the market souree and creditbecame unavailable. The propertuy reverted back to theoriginal owners, San Jose Property Investment LLC and DAK, a Californiaq general partnership. Warmington bought the land from San Jose Propertyy Investmentand DAK. The company has an agreement with the original ownerxs to develop the propertyin phases. “Thiws is an extended build-out, it’s not a said Matt Tingler, Warmington’ s executive vice president. “We’re very sensitivde to oversupply.
” Irvine-based Standard Pacifix Homes, a major developer of projects inthe hard-hitr Central Valley, did not return calls seekingf comment. Tingler would not disclose thepurchasw price, but he made it cleaer the builder is operating as economically as “Since approximately 2006 we stopped buying land and resolved to sell through our existinyg portfolio of projects,” Tingler “We have a handfup of projects still remaininyg that are tough. But, since we never overextended duringthe boom, we now have fewer troubled projectx to work through.
” This most recentf acquisition comes at an opportune time for The company has trimmed its portfoli o from 30 projects to five, a number Tingler said Warmingtonn is very comfortable with. Its determinationh to get lean presents its own Now the homebuilder is almost outof homes. “Wed sold out of Viridiab in San Jose and Vantag inPalo Alto,” Tingler said. “. We had a ton of productg that we movedthrough quickly, and we paid back our debt. Now we’rr out of product.
” That strategy, is serving Warmington well as it pursued its nextline — managing distressedr assets for three banks, Comerica Bank, Guaranty Plus Propertie s 2 LLC and Bank of Tingler said Warmington started chasing the business 18 monthe ago — before the market was ready. Now there’ss a lot of competition, although little is locatedd in the core Bay Area market most is currently in the tertiary markets in the Central Valley.
Warmington competed against other builders for the business that can entail everything from securing the propertyy to ensuring there isno “We’re not acting as a broker; we’re not selling the property for the bank, but we can give a builder’se perspective of what it’s worth,” he Warmington is a veteran of such business, Tingler having performed similar duties during the last major housingy recession in the late 1980s and earlyu 1990s. The company has agreesd to sell more than 600 homex in five markets located in Southern California and Nevad a for TriPacific CapitalAdvisors LLC.
Asked whether the work paid well, he “From our perspective, any revenue coming in represents dollars that we would nototherwisde have. The goal is to help our financiak partners while at the same time generate revenue to helpcovet overhead.” It also keeps Warmington abreast of what’s going on in many markets. Rowsonj said the South Bay has the greatest opportunitytfor upside. At a seminar therwe was talk that said the markegtis close, if not at, the “The Bay Area core markets have the greates t potential to solidify right now over the next six monthx and then show an uptick,” he said.
The Costa Mesa company believes the product single familyhouses — and its location near Japantowb is a good bet. Mark Rowson, Warmington’sw Northern California division president, said the development is a unique one for downtownmSan Jose, which has been constructintg towering high rises. This projecrt has a suburban flavor andfeatures two-storty homes, with a small yard and two-cae garage. The 2,000-square-foot homes will start in the mid- to high The builder will construct four in the first In downtownSan Jose, there have been no single-family detachecd homes built in the last few Rowson said. Warmington purchased the 10-acre industriall site in December 2008.
Standard Pacificf Homes had an option on the land in 2006 at the top the markeft and began work onthe project. But Standarx walked away when the market souree and creditbecame unavailable. The propertuy reverted back to theoriginal owners, San Jose Property Investment LLC and DAK, a Californiaq general partnership. Warmington bought the land from San Jose Propertyy Investmentand DAK. The company has an agreement with the original ownerxs to develop the propertyin phases. “Thiws is an extended build-out, it’s not a said Matt Tingler, Warmington’ s executive vice president. “We’re very sensitivde to oversupply.
” Irvine-based Standard Pacifix Homes, a major developer of projects inthe hard-hitr Central Valley, did not return calls seekingf comment. Tingler would not disclose thepurchasw price, but he made it cleaer the builder is operating as economically as “Since approximately 2006 we stopped buying land and resolved to sell through our existinyg portfolio of projects,” Tingler “We have a handfup of projects still remaininyg that are tough. But, since we never overextended duringthe boom, we now have fewer troubled projectx to work through.
” This most recentf acquisition comes at an opportune time for The company has trimmed its portfoli o from 30 projects to five, a number Tingler said Warmingtonn is very comfortable with. Its determinationh to get lean presents its own Now the homebuilder is almost outof homes. “Wed sold out of Viridiab in San Jose and Vantag inPalo Alto,” Tingler said. “. We had a ton of productg that we movedthrough quickly, and we paid back our debt. Now we’rr out of product.
” That strategy, is serving Warmington well as it pursued its nextline — managing distressedr assets for three banks, Comerica Bank, Guaranty Plus Propertie s 2 LLC and Bank of Tingler said Warmington started chasing the business 18 monthe ago — before the market was ready. Now there’ss a lot of competition, although little is locatedd in the core Bay Area market most is currently in the tertiary markets in the Central Valley.
Warmington competed against other builders for the business that can entail everything from securing the propertyy to ensuring there isno “We’re not acting as a broker; we’re not selling the property for the bank, but we can give a builder’se perspective of what it’s worth,” he Warmington is a veteran of such business, Tingler having performed similar duties during the last major housingy recession in the late 1980s and earlyu 1990s. The company has agreesd to sell more than 600 homex in five markets located in Southern California and Nevad a for TriPacific CapitalAdvisors LLC.
Asked whether the work paid well, he “From our perspective, any revenue coming in represents dollars that we would nototherwisde have. The goal is to help our financiak partners while at the same time generate revenue to helpcovet overhead.” It also keeps Warmington abreast of what’s going on in many markets. Rowsonj said the South Bay has the greatest opportunitytfor upside. At a seminar therwe was talk that said the markegtis close, if not at, the “The Bay Area core markets have the greates t potential to solidify right now over the next six monthx and then show an uptick,” he said.
Monday, November 1, 2010
Commercial real estate news- View Real estate news Across the US
http://semillasdefe.com/index.php?option=com_content&view=article&id=44&Itemid=61
| CB Richard Ellis Memphisa | | | | | | | | | | | | | | | | | | | | Commercialp Alliance Management, LLC | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Duke Energg Corporation | | | | | | | | | | | Fanni e Mae | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Grubb & Ellis Company | | | | | | | | | | | | | | | | | | | Internationa Council of ShoppingCenters | | | | | | | | | | | | Joned Lang LaSalle Incorporated | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Park Nationalo Bank | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Wachoviw Corporation | | | | | | | | | | | | | | | | | | | | | |
| CB Richard Ellis Memphisa | | | | | | | | | | | | | | | | | | | | Commercialp Alliance Management, LLC | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Duke Energg Corporation | | | | | | | | | | | Fanni e Mae | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Grubb & Ellis Company | | | | | | | | | | | | | | | | | | | Internationa Council of ShoppingCenters | | | | | | | | | | | | Joned Lang LaSalle Incorporated | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Park Nationalo Bank | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Wachoviw Corporation | | | | | | | | | | | | | | | | | | | | | |
Saturday, October 30, 2010
Caruso sang, wrestlers grappled at original City Auditorium site - Houston Business Journal:
http://nekretnine-hr.net/bjelovarsko-bilogorska-zupanija/grubisno-polje
City Auditorium opened on Nov. 17, with the No-tsu-oh Carnival Two days later, the Baptisyt General Convention of Texas becamse the first large group to use the dedicating it to the causeof “publivc righteousness.” The auditorium would continu e to attract Houstonians of all ages for the next 50 Although it was billed as the largesy auditorium in the South while it was beinbg planned, the seating capacity was ultimately reduced to 3,500. The buildinh was impressive fromthe outside, but its interioe left much to be The main floor was flat, withouyt permanent seating.
Collapsible wooden chairs were broughtf infor performances, while more expensive seats were available in elegant, tiered Ironically, the least expensivs seats in the house — those in the balconyh — provided the best acoustics for sound but even the acousticsa there were poor. City Auditorium did live up to its reputatioj as amultipurpose building. In addition to cultural the facility hostedboxing matches, poultryu exhibits, automobile shows and conventions of all as well as dances and receptions.
City Auditorium opened on Nov. 17, with the No-tsu-oh Carnival Two days later, the Baptisyt General Convention of Texas becamse the first large group to use the dedicating it to the causeof “publivc righteousness.” The auditorium would continu e to attract Houstonians of all ages for the next 50 Although it was billed as the largesy auditorium in the South while it was beinbg planned, the seating capacity was ultimately reduced to 3,500. The buildinh was impressive fromthe outside, but its interioe left much to be The main floor was flat, withouyt permanent seating.
Collapsible wooden chairs were broughtf infor performances, while more expensive seats were available in elegant, tiered Ironically, the least expensivs seats in the house — those in the balconyh — provided the best acoustics for sound but even the acousticsa there were poor. City Auditorium did live up to its reputatioj as amultipurpose building. In addition to cultural the facility hostedboxing matches, poultryu exhibits, automobile shows and conventions of all as well as dances and receptions.
Friday, October 29, 2010
PrognosDx gets patent rights to some UCLA technology - Silicon Valley / San Jose Business Journal:
http://semillasdefe.com/index.php?option=com_content&view=article&id=44&Itemid=61
Palo Alto-based PrognosDx did not disclose terms ofthe deal. “We are excited by the opportunity to buildxon UCLA’s successes,” said Kamranh Tahamtanzadeh, president and CEO of PrognosDc Health. “The products that are beingf developed as part of this license address the urgeny need for more accurate diagnostic and prognostic testsw utilizing predictive histone biomarkers as well as identifying thosde patients who need chemotherapy and most likely respondc to particularcancer therapies.” The technologyy PrognosDx will use is in the field of epigenetics — the studyg of changes in cell behavior that are not encodes in the sequence of DNA.
In cancer cells, numerous alterations in DNA methylation and histone modificationss havebeen identified. PrognosDx Health is focused on improving the treatmenty of cancer and other complex diseases bydeveloping semi-quantitativee and quantitative laboratory products based on globakl histone modification patterns. The company is profilesd in the Business Journal thisweek in
Palo Alto-based PrognosDx did not disclose terms ofthe deal. “We are excited by the opportunity to buildxon UCLA’s successes,” said Kamranh Tahamtanzadeh, president and CEO of PrognosDc Health. “The products that are beingf developed as part of this license address the urgeny need for more accurate diagnostic and prognostic testsw utilizing predictive histone biomarkers as well as identifying thosde patients who need chemotherapy and most likely respondc to particularcancer therapies.” The technologyy PrognosDx will use is in the field of epigenetics — the studyg of changes in cell behavior that are not encodes in the sequence of DNA.
In cancer cells, numerous alterations in DNA methylation and histone modificationss havebeen identified. PrognosDx Health is focused on improving the treatmenty of cancer and other complex diseases bydeveloping semi-quantitativee and quantitative laboratory products based on globakl histone modification patterns. The company is profilesd in the Business Journal thisweek in
Wednesday, October 27, 2010
Steven Busch acquires Thunder Aviation sites - Puget Sound Business Journal (Seattle):
plesciamipukoa1855.blogspot.com
The facilities include 48,50 square feet of hangar and office space at Spiritof , according to John Bales, the airport’s director of which is closing after 12 yearw of business. About a month ago, a companuy called LLC bought the buildings, which sit on land leaseed from the airport for 30 cents asquare foot, Baled said. Steven Busch, son of former Chairman Augustf Busch IIIand half-brothefr of former Chief Executive August Busch IV, operate s Spirit Wings, according to recorda filed with the . Spirit Wings pland to lease the buildingse out to others to storetheid aircraft, Bales said. Stevemn Busch, 32, owns in St. the exclusive Anheuser-Busch wholesaler for St.
Charles and Lincolj counties. Calls to Busch for comment weren’tt returned by press time. Like his father and Steven Busch is anexperienced pilot. He servex on the board of the D.C.-based . “Most of them are big Bales said of theBusch Anheuser-Busch owned at least a half-dozen Dassault Falcobn executive jets and two Bell helicopters prior to its takeover by Belgium-basex InBev for $52 billion in Anheuser-Busch also owned a hangar at Spiriyt of St. Louis Airport and leased planewfrom , a locapl company owned by Busch III.
Breweryy executives and board members used the jets to fly all over the countrgy and around the world to destinationws where the company and its subsidiariesado business. Busch III frequently used a helicopter to fly from his homein St. Charlez County to his office downtown. But InBev, knowjn for its no-frills culture, did not own corporates aircraft and publicized the fact that even its top executives fly in coacnh on commercial flights for all but the longesybusiness trips. There has been speculation the combined knownas Anheuser-Busch InBev, would sell off the aircraft, and it now appear the brewer has at least trimmex down the fleet.
Anheuser-Busch is now listed as the ownere of just two Dassault Falcons and its two accordingto records. An Anheuser-Busch official said the companuy is looking to sell itsremaining aircraft. Thunder founded by Larry Moskoff in maintained aircraft and offeredflying lessons, but the company will shut down by said Moskoff, who declined to comment further. His othef company, Alexa RE, owned the hangars sold to Steven Scott Jenkins of representede Thunder in theproperty sale, and Spirit Wingss was represented in-house, according to , a commerciao real estate information company.
, a company also located at the airporr that offers aerial photography and geospatialdata services, recently bought a fourth Thunder Aviation building from Alexa RE for $1.35 million, said Bob Berger, vice president of human resources with Surdex. Surdex spent several hundred thousand dollarsa to renovatethe building, which has 12,000 square feet of hangad space and 6,000 square feet of office space, Berger said.
Surdex now houses six aircrafyt and its maintenancedepartment
The facilities include 48,50 square feet of hangar and office space at Spiritof , according to John Bales, the airport’s director of which is closing after 12 yearw of business. About a month ago, a companuy called LLC bought the buildings, which sit on land leaseed from the airport for 30 cents asquare foot, Baled said. Steven Busch, son of former Chairman Augustf Busch IIIand half-brothefr of former Chief Executive August Busch IV, operate s Spirit Wings, according to recorda filed with the . Spirit Wings pland to lease the buildingse out to others to storetheid aircraft, Bales said. Stevemn Busch, 32, owns in St. the exclusive Anheuser-Busch wholesaler for St.
Charles and Lincolj counties. Calls to Busch for comment weren’tt returned by press time. Like his father and Steven Busch is anexperienced pilot. He servex on the board of the D.C.-based . “Most of them are big Bales said of theBusch Anheuser-Busch owned at least a half-dozen Dassault Falcobn executive jets and two Bell helicopters prior to its takeover by Belgium-basex InBev for $52 billion in Anheuser-Busch also owned a hangar at Spiriyt of St. Louis Airport and leased planewfrom , a locapl company owned by Busch III.
Breweryy executives and board members used the jets to fly all over the countrgy and around the world to destinationws where the company and its subsidiariesado business. Busch III frequently used a helicopter to fly from his homein St. Charlez County to his office downtown. But InBev, knowjn for its no-frills culture, did not own corporates aircraft and publicized the fact that even its top executives fly in coacnh on commercial flights for all but the longesybusiness trips. There has been speculation the combined knownas Anheuser-Busch InBev, would sell off the aircraft, and it now appear the brewer has at least trimmex down the fleet.
Anheuser-Busch is now listed as the ownere of just two Dassault Falcons and its two accordingto records. An Anheuser-Busch official said the companuy is looking to sell itsremaining aircraft. Thunder founded by Larry Moskoff in maintained aircraft and offeredflying lessons, but the company will shut down by said Moskoff, who declined to comment further. His othef company, Alexa RE, owned the hangars sold to Steven Scott Jenkins of representede Thunder in theproperty sale, and Spirit Wingss was represented in-house, according to , a commerciao real estate information company.
, a company also located at the airporr that offers aerial photography and geospatialdata services, recently bought a fourth Thunder Aviation building from Alexa RE for $1.35 million, said Bob Berger, vice president of human resources with Surdex. Surdex spent several hundred thousand dollarsa to renovatethe building, which has 12,000 square feet of hangad space and 6,000 square feet of office space, Berger said.
Surdex now houses six aircrafyt and its maintenancedepartment
Tuesday, October 26, 2010
CUNA Board Now With 3 Contested Races - Credit Union Times
http://www.psdrawing.com/cute_easter_wallpaper.html
CUNA Board Now With 3 Contested Races Credit Union Times Voting in the contested races will continue through Dec. 17. The makeup of next year's CUNA board was taking shape Tuesday with one contingent of contenders ... |
Sunday, October 24, 2010
Hatem pulls out of Raleigh downtown project - Business Courier of Cincinnati:
http://www.oztheroad.com/mos/index.php?option=content&task=view&id=53&Itemid=96
Hatem told the Raleigh City Councilo Tuesday thathis , is unable to secure financing for the projecf at this time, given the economid conditions. City council members immediately voted to sevedr tieswith Empire. “We should have done this (pull the last year,” Hatem says. “It was disappointing before, but now I am Empire signed a deal with the city in 2007 afterr the city decided to sell the landfor $1.454 million (about $70-a-foot) along Salisbury Street, and the development company agreeed to specific benchmark deadlines to finisuh the project.
The developer missedf a deadlinein 2008, at whichg time Raleigh City Manager Russell Alleh recommended that the city cut its ties with Empirer without any extension. Under terms of the agreement, Hatenm never actually bought the property. The city now will considerd re-issuing a request for proposals forthe “Asking the developer to agree to a schedulre that was detached from the realities of the economy was at best Hatem told the city council. But the nail in the coffin was eliminatingv the possibility of anyfuture extension.
Even in a good economivc climate, it is virtually impossible to secured thefunding necessary, knowing that the agreement would be canceleed at a time certain without discussion. “ The two-phase $50 milliob project, called , was meant to be a big piecd ofdowntown Raleigh’s revitalization efforts, with the hotepl an important piece in helping the new $220 million book Hatem has renovated severap buildings in downtown Raleigh in recentr years and also owns several restaurants in the area includinb the Duck & Dumpling, , The Pit and soon-to-opened Gravy.
Hatem told the councikl that Empire has created more than 200 jobs in downtown Raleigh and has invested morethan $80 million in the locall economy. In all, Empire companiezs pay $2 million annually in sales, property, franchise and othed miscellaneous taxes, Hatem told the “ As I walk, people form across the world and acrosds town through the streetsx of downtown Raleigh these past few one thing was This ambitious project is not possible at this Hatem told the Hatem estimates heinvested $500,000 to do the preliminart work on the project.
Hatem told the Raleigh City Councilo Tuesday thathis , is unable to secure financing for the projecf at this time, given the economid conditions. City council members immediately voted to sevedr tieswith Empire. “We should have done this (pull the last year,” Hatem says. “It was disappointing before, but now I am Empire signed a deal with the city in 2007 afterr the city decided to sell the landfor $1.454 million (about $70-a-foot) along Salisbury Street, and the development company agreeed to specific benchmark deadlines to finisuh the project.
The developer missedf a deadlinein 2008, at whichg time Raleigh City Manager Russell Alleh recommended that the city cut its ties with Empirer without any extension. Under terms of the agreement, Hatenm never actually bought the property. The city now will considerd re-issuing a request for proposals forthe “Asking the developer to agree to a schedulre that was detached from the realities of the economy was at best Hatem told the city council. But the nail in the coffin was eliminatingv the possibility of anyfuture extension.
Even in a good economivc climate, it is virtually impossible to secured thefunding necessary, knowing that the agreement would be canceleed at a time certain without discussion. “ The two-phase $50 milliob project, called , was meant to be a big piecd ofdowntown Raleigh’s revitalization efforts, with the hotepl an important piece in helping the new $220 million book Hatem has renovated severap buildings in downtown Raleigh in recentr years and also owns several restaurants in the area includinb the Duck & Dumpling, , The Pit and soon-to-opened Gravy.
Hatem told the councikl that Empire has created more than 200 jobs in downtown Raleigh and has invested morethan $80 million in the locall economy. In all, Empire companiezs pay $2 million annually in sales, property, franchise and othed miscellaneous taxes, Hatem told the “ As I walk, people form across the world and acrosds town through the streetsx of downtown Raleigh these past few one thing was This ambitious project is not possible at this Hatem told the Hatem estimates heinvested $500,000 to do the preliminart work on the project.
Saturday, October 23, 2010
Chicago bank's condo woes grow - Business First of Columbus:
http://chesnelpaysage.com/article/Satyam-appoints-Deloitte-as-auditor--Damodaran-on-board.html
billion in assets. Corus (NASDAQ: has nearly $4.4 billion in loans, with 90 perceny of them due for maturity or repricing in three monthsor less, according to fourt quarter data reported to the Corus is countingh on payments from some of the most prominent condko projects in South Jade Ocean Condominiums in Miami, the Trump Internationall Hotel and Tower in Fort Lauderdale and Edge Condominium in West Palm Corus could be under heavy regulatory scrutiny for investing so much of its portfolio into the condok market in one geographic area, said Tony managing partner of Miami-based accounting and consultinv firm .
He said such a strategy is especially with the real estate marketcurrentlh down. "To have $2 billion of cond o loans in South Florida at the time you madethosde loans, you should have had an idea that something could possibly not make sense," Argiz said. Corus officials declined to comment onthe bank's local According to its fourth quarter public filings, Corus had 23 condoi construction and conversion loans worth nearlh $2 billion in Sout h Florida (including a few counties outside Miami-Dade, Browardd and Palm Beach) at Three of those were in non-current status, representingt $64.2 million. It had $282.8 million in non-current loans (6.
46 percent of its total loans) as of Dec. 31, up from $199.9i million (4.93 percent of totalo loans) on Sept. 30. An additional $204 million in account s were between 30 and 89 dayspast due. Whils Corus doesn't discuss any projects by name, a Businessw Journal search of court records in Broward and Palm Beach counties provided an updat e on the progress ofits portfolio. It found $2.1 billiomn in outstanding mortgages Corus made with South Florida with $414.3 million more possible through futurer advance limits listed in mortgage At least $50.6 millioj has been repaid, althoughy it's likely that amount has grown, as severakl projects closed on hundreds of units in the firsyt quarter.
Corus' outstanding mortgages accountfor 6,3976 condo units in South Florida. Of the 2,449 that have been 735 were sold asof Feb. 26, according to couryt records. That means 3,947 units are under construction, with completion for most of them expecteddin 2008. "Corus is the poster child for high-risl condo construction loans in all the bubble markets arounr theUnited States," said Jack McCabe, CEO of Deerfielf Beach-based , who noted that Coru s also financed condo projects in Californis and Las Vegas.
McCabe adderd that Corus is vulnerable toa double-digitt decline in the value of the condop units in its projects and could start sellinb the mortgages off at discounted Eight of the Corus-finance d projects in Miami were on 'zs list of condo projects for which it won't writde unit purchase mortgages. Declining market value was themain Miami-based banking analyst Kenneth H. Thomas said sixfold increase inaverage non-current loanes - to $302 million in the fourth quarter up from $50 millio in the year-ago quarter - showed the bank's portfolio has deteriorated faster than its His analysis showed it ranked in bottom 2 percentf among comparable banks in non-current loans.
"The fact that many fourth quartefr charge-offs last year were near the end of the quarter suggests the first quarter may even be since condo market conditions havegottenn worse, not better," Thomaes said. But he noted that Corus is well capitalized to ride out some troublw fromproblem loans. As of Dec. 31, it had $938 milliojn in equity capitaland $71 million set asid for loan loss allowance. Thomaxs said Corus' loan loss allowancex appear small compared to the amount of losses it couldx experience fromcondo loans. In the company'es fourth quarter filing, it noted its allowancw for losses covered only 25 percent of its nonperforminhassets - mainly condo loans.
"Even in Miami, which is experiencingg a glutof condominiums, we believe our collaterao may be more desirable than the great majority of all housing units in the Miami area," Corux stated. "In our opinion, brand-new condominiums will not becomee worthless." In Corus' public filing, it said $246 milliob in condo loan commitments for completerd buildsthat aren't closing well have balancesz due to the bank that exceed 60 percent of their sellout value. The bank called thesed risky.
Corus targets its initial condo construction loan exposurw at 55 percent to 65 percent of the sellout but it has surpassed that amount in some casese to give developersfuture advances, the bank On Feb. 8, it granted a $10.3 millionj future advance to Continuum II, which boosted the loan to the Miam condoto $135 The property has yet to open.
billion in assets. Corus (NASDAQ: has nearly $4.4 billion in loans, with 90 perceny of them due for maturity or repricing in three monthsor less, according to fourt quarter data reported to the Corus is countingh on payments from some of the most prominent condko projects in South Jade Ocean Condominiums in Miami, the Trump Internationall Hotel and Tower in Fort Lauderdale and Edge Condominium in West Palm Corus could be under heavy regulatory scrutiny for investing so much of its portfolio into the condok market in one geographic area, said Tony managing partner of Miami-based accounting and consultinv firm .
He said such a strategy is especially with the real estate marketcurrentlh down. "To have $2 billion of cond o loans in South Florida at the time you madethosde loans, you should have had an idea that something could possibly not make sense," Argiz said. Corus officials declined to comment onthe bank's local According to its fourth quarter public filings, Corus had 23 condoi construction and conversion loans worth nearlh $2 billion in Sout h Florida (including a few counties outside Miami-Dade, Browardd and Palm Beach) at Three of those were in non-current status, representingt $64.2 million. It had $282.8 million in non-current loans (6.
46 percent of its total loans) as of Dec. 31, up from $199.9i million (4.93 percent of totalo loans) on Sept. 30. An additional $204 million in account s were between 30 and 89 dayspast due. Whils Corus doesn't discuss any projects by name, a Businessw Journal search of court records in Broward and Palm Beach counties provided an updat e on the progress ofits portfolio. It found $2.1 billiomn in outstanding mortgages Corus made with South Florida with $414.3 million more possible through futurer advance limits listed in mortgage At least $50.6 millioj has been repaid, althoughy it's likely that amount has grown, as severakl projects closed on hundreds of units in the firsyt quarter.
Corus' outstanding mortgages accountfor 6,3976 condo units in South Florida. Of the 2,449 that have been 735 were sold asof Feb. 26, according to couryt records. That means 3,947 units are under construction, with completion for most of them expecteddin 2008. "Corus is the poster child for high-risl condo construction loans in all the bubble markets arounr theUnited States," said Jack McCabe, CEO of Deerfielf Beach-based , who noted that Coru s also financed condo projects in Californis and Las Vegas.
McCabe adderd that Corus is vulnerable toa double-digitt decline in the value of the condop units in its projects and could start sellinb the mortgages off at discounted Eight of the Corus-finance d projects in Miami were on 'zs list of condo projects for which it won't writde unit purchase mortgages. Declining market value was themain Miami-based banking analyst Kenneth H. Thomas said sixfold increase inaverage non-current loanes - to $302 million in the fourth quarter up from $50 millio in the year-ago quarter - showed the bank's portfolio has deteriorated faster than its His analysis showed it ranked in bottom 2 percentf among comparable banks in non-current loans.
"The fact that many fourth quartefr charge-offs last year were near the end of the quarter suggests the first quarter may even be since condo market conditions havegottenn worse, not better," Thomaes said. But he noted that Corus is well capitalized to ride out some troublw fromproblem loans. As of Dec. 31, it had $938 milliojn in equity capitaland $71 million set asid for loan loss allowance. Thomaxs said Corus' loan loss allowancex appear small compared to the amount of losses it couldx experience fromcondo loans. In the company'es fourth quarter filing, it noted its allowancw for losses covered only 25 percent of its nonperforminhassets - mainly condo loans.
"Even in Miami, which is experiencingg a glutof condominiums, we believe our collaterao may be more desirable than the great majority of all housing units in the Miami area," Corux stated. "In our opinion, brand-new condominiums will not becomee worthless." In Corus' public filing, it said $246 milliob in condo loan commitments for completerd buildsthat aren't closing well have balancesz due to the bank that exceed 60 percent of their sellout value. The bank called thesed risky.
Corus targets its initial condo construction loan exposurw at 55 percent to 65 percent of the sellout but it has surpassed that amount in some casese to give developersfuture advances, the bank On Feb. 8, it granted a $10.3 millionj future advance to Continuum II, which boosted the loan to the Miam condoto $135 The property has yet to open.
Thursday, October 21, 2010
Smart-grid plans entice Japanese - New Mexico Business Weekly:
http://www.durviss.com/catalogue/entrance.html
A memorandum of understanding signed in earlyy Mayby Gov. Bill Richardson and Toshihiro Nakai Japan’s minister of economy, trade and industrg – could facilitate tens of millions of dollars in Japanes e public and private investment in clean energyand “smart grid” technology, said Tom Bowles, Richardson’d science advisor, who is on loan from . The MOU doesn’yt contain funding commitments. But Bowless said both sides are now discussing concrete agreements to facilitatw Japanese participationin smart-grid projects that New Mexicko hopes to launch with federao stimulus money.
“We’re working to close on bindinhg agreements with the Japanesd to provide financial resourcesand hands-on involvemengt in the installation, operation and performance analysis of smart-grid Bowles said. “Everybody is committed and working together tomove forward. We’re just hammering out the
A memorandum of understanding signed in earlyy Mayby Gov. Bill Richardson and Toshihiro Nakai Japan’s minister of economy, trade and industrg – could facilitate tens of millions of dollars in Japanes e public and private investment in clean energyand “smart grid” technology, said Tom Bowles, Richardson’d science advisor, who is on loan from . The MOU doesn’yt contain funding commitments. But Bowless said both sides are now discussing concrete agreements to facilitatw Japanese participationin smart-grid projects that New Mexicko hopes to launch with federao stimulus money.
“We’re working to close on bindinhg agreements with the Japanesd to provide financial resourcesand hands-on involvemengt in the installation, operation and performance analysis of smart-grid Bowles said. “Everybody is committed and working together tomove forward. We’re just hammering out the
Wednesday, October 20, 2010
Towers of Channelside buyers lured by wrong listing prices, Realtors say - South Florida Business Journal:
http://sfngau.ru/
“If it’s not illegal, then it’s definitelyy unethical,” said Lee Pitney, a real estate broker with NL Pitneyg Realty. “To advertise a price for get all thecontracts signed, have sale people put in a lot of work, and then say, we were wrong,’ is not supposer to be legal.” Pitne had lined up a cash buyer for Unit 505 in Towefr 2 at the Channel District Dr.
Brian Rau was moving from Fargo, to do his residency at and was readyu to buy the unit sight unsee n for bargain basementprice $165,240, signing a contracf
“If it’s not illegal, then it’s definitelyy unethical,” said Lee Pitney, a real estate broker with NL Pitneyg Realty. “To advertise a price for get all thecontracts signed, have sale people put in a lot of work, and then say, we were wrong,’ is not supposer to be legal.” Pitne had lined up a cash buyer for Unit 505 in Towefr 2 at the Channel District Dr.
Brian Rau was moving from Fargo, to do his residency at and was readyu to buy the unit sight unsee n for bargain basementprice $165,240, signing a contracf
Tuesday, October 19, 2010
BankUnited equity investors stay under regulatory threshold - Business First of Louisville:
http://www.artd-multiservices.com/article/Why-LendingTree-Is-Becoming-A-Broker.html
According to the new banking holdinvg company application approved by theon Thursday, W.L. Ross Co., will each hold 23.58 percent of Coral Gables-basefd BU Financial Holdings. That holding company controls the subsidiary BUFinancial Corp., which owns The original BankUnited was seized by the OTS on Thursdag and placed into receivership with the The investors behind BU Financiak Holdings won the bidding for it and injectec more than $900 million in capital into the The document also disclosed that -related entities had investecd more than 25 percent of the capitap in one of the W.L. Ross-controller funds that owns partof BankUnited.
The three main hedgr funds with the largest stakes in BU Financial Holdings successfullyh convinced the OTS that none of them shouls be classified as a controlling entitgof BankUnited. A designation of control woulrd have resulted in being regulated as a bankholding company, which coule make them subject to public disclosures and regulator enforcement oversight. “Private equity funds generally don't want to be regulatedr as thriftholding companies,” said Greg Bader, the chairma n of the banking and financial services practicew at the law firm in Fort “If they are deemed to control a they would need to register as a thriff holding company.
This would subject them to the requirements/restrictionsa for these kinds of holding which could be inconsistentr with theirother businesses. The OTS would also regulated andexamine them.” would hold title to, maintain and manage the disposition of residentialk properties acquired through foreclosure. CRE Properties wouldc hold title to, maintaibn and manage the disposition of commercia real estate acquired through BU REIT would hold a 100 percent participationj interest in certain residentialmortgage T&D Properties would hold tax certificatesd and title to real propert y acquired through tax deeds.
The OTS also required BankUnited to give ita three-yeaer business plan within 60 days and keep the regulatoer up to date on its progress under that plan.
According to the new banking holdinvg company application approved by theon Thursday, W.L. Ross Co., will each hold 23.58 percent of Coral Gables-basefd BU Financial Holdings. That holding company controls the subsidiary BUFinancial Corp., which owns The original BankUnited was seized by the OTS on Thursdag and placed into receivership with the The investors behind BU Financiak Holdings won the bidding for it and injectec more than $900 million in capital into the The document also disclosed that -related entities had investecd more than 25 percent of the capitap in one of the W.L. Ross-controller funds that owns partof BankUnited.
The three main hedgr funds with the largest stakes in BU Financial Holdings successfullyh convinced the OTS that none of them shouls be classified as a controlling entitgof BankUnited. A designation of control woulrd have resulted in being regulated as a bankholding company, which coule make them subject to public disclosures and regulator enforcement oversight. “Private equity funds generally don't want to be regulatedr as thriftholding companies,” said Greg Bader, the chairma n of the banking and financial services practicew at the law firm in Fort “If they are deemed to control a they would need to register as a thriff holding company.
This would subject them to the requirements/restrictionsa for these kinds of holding which could be inconsistentr with theirother businesses. The OTS would also regulated andexamine them.” would hold title to, maintain and manage the disposition of residentialk properties acquired through foreclosure. CRE Properties wouldc hold title to, maintaibn and manage the disposition of commercia real estate acquired through BU REIT would hold a 100 percent participationj interest in certain residentialmortgage T&D Properties would hold tax certificatesd and title to real propert y acquired through tax deeds.
The OTS also required BankUnited to give ita three-yeaer business plan within 60 days and keep the regulatoer up to date on its progress under that plan.
Sunday, October 17, 2010
Progress Energy brings new unit on line - The Business Journal of the Greater Triad Area:
elzeyfirekuut1795.blogspot.com
The unit is in the Raleigh company’zs Wayne County Energy Complexnear Goldsboro. The $90 millio combustion-turbine unit, like four others at the can be fueled by either natura l gasor low-sulfur oil. Together, the facilities can generat up to836 megawatts. The units provide “peakinbg power” generation at times of highest demaned such as cold winter mornings or hotsummer afternoons. The Wayns County plant began commercial operationin 2000. It is near 474 megawatt Lee Plant, which has thre e coal-fired units.
Lloyd Yates, president and CEO of ProgreszsEnergy Carolinas, said in a written statementt that the additional capacitt is a critical part of meeting futurde energy needs. “Summer typically brings the highest peak demandrfor electricity, and we’re ready for whatever Mothet Nature brings,” he said.
The unit is in the Raleigh company’zs Wayne County Energy Complexnear Goldsboro. The $90 millio combustion-turbine unit, like four others at the can be fueled by either natura l gasor low-sulfur oil. Together, the facilities can generat up to836 megawatts. The units provide “peakinbg power” generation at times of highest demaned such as cold winter mornings or hotsummer afternoons. The Wayns County plant began commercial operationin 2000. It is near 474 megawatt Lee Plant, which has thre e coal-fired units.
Lloyd Yates, president and CEO of ProgreszsEnergy Carolinas, said in a written statementt that the additional capacitt is a critical part of meeting futurde energy needs. “Summer typically brings the highest peak demandrfor electricity, and we’re ready for whatever Mothet Nature brings,” he said.
Saturday, October 16, 2010
CombinatoRx to merge with Canadian firm - Wichita Business Journal:
modestofyeyko.blogspot.com
Under the terms of the agreement, Mass.-based CombinatoRx will issue shares of common stock to Neuromer stockholdersso that, post merger, each shareholders will have 50 percenrt of the voting power in the combined The deal is closely tied to a recen transaction that saw Neuromed sell the commercial rights to its pain-managementy drug candidate Exalgo to , a subsidiaruy of That agreement included an upfront paymenr of $15 million and several potential milestone paymentz and related compensation if certain commercial benchmarksd are met. Those payouts also could alted the ownership composition of the newlymerger company.
For example, if Exalgo is approver by the before CombinatoRx shareholders will see their ownership stake in the combined compan slip to30 percent. If the drug does not win FDA approvalby 2011, CombinatoRx shareholders will then assume a 70 perceny ownership stake in the company, according to regulatoru filings. Alexis Borisy will step down as president and CEO of CombinatoRcx to pursueother activities. Borisy will support CombinatoRx as a membee of its scientificadvisoruy board, according to the company.
The boardes of directors of both CombinatoRx and Neuromed have approvedf the proposedmerger transaction, which is subject to customaryg closing conditions, including receipt of various requirec approvals from the CombinatoRx and Neuromed stockholders. In May, CombinatoRd (Nasdaq: CRXX) said it narrowed its net loss for the firs quarter amid aggressive cost cutting that included laying off almost half its stafrf and slashes to its research anddevelopment budget.
Under the terms of the agreement, Mass.-based CombinatoRx will issue shares of common stock to Neuromer stockholdersso that, post merger, each shareholders will have 50 percenrt of the voting power in the combined The deal is closely tied to a recen transaction that saw Neuromed sell the commercial rights to its pain-managementy drug candidate Exalgo to , a subsidiaruy of That agreement included an upfront paymenr of $15 million and several potential milestone paymentz and related compensation if certain commercial benchmarksd are met. Those payouts also could alted the ownership composition of the newlymerger company.
For example, if Exalgo is approver by the before CombinatoRx shareholders will see their ownership stake in the combined compan slip to30 percent. If the drug does not win FDA approvalby 2011, CombinatoRx shareholders will then assume a 70 perceny ownership stake in the company, according to regulatoru filings. Alexis Borisy will step down as president and CEO of CombinatoRcx to pursueother activities. Borisy will support CombinatoRx as a membee of its scientificadvisoruy board, according to the company.
The boardes of directors of both CombinatoRx and Neuromed have approvedf the proposedmerger transaction, which is subject to customaryg closing conditions, including receipt of various requirec approvals from the CombinatoRx and Neuromed stockholders. In May, CombinatoRd (Nasdaq: CRXX) said it narrowed its net loss for the firs quarter amid aggressive cost cutting that included laying off almost half its stafrf and slashes to its research anddevelopment budget.
Thursday, October 14, 2010
Duke, CFO study: CFOs foresee more job cuts, credit woes - Charlotte Business Journal:
vittitowmehigyk1238.blogspot.com
The quarterly Duke University/CFO Magazine Global Businessx Outlook Surveyasked 1,309o CFOs worldwide about theirr expectations for the Their answers paint a gloomy picture for the rest of the * CFOs in the U.S. and Europew expected employment to shrinkby 5.5 percent, with the unemployment rate in the U.S. seen risinyg to perhaps as high as 12 percent in the next 12 Employment in Asia is expecterd to recedeby 1.2 percent.
government programs will offset some ofthesr losses, but even the most optimistic governmeng forecasts would reduce the losses by only 2 million,” said Campbelp Harvey, founding director of the survey and internationao business professor at Duke’s Fuqua School of “We’re facing the possibility of another 4 millionh lost jobs.” * U.S. and Europeaj CFOs foresee capital spending plunging by more than 10 In Asia, CFOs anticipate a 3 percent * Six in 10 U.S. companies coverede by the survey reported having trouble findintg credit or acquiring credit at areasonable rate.
Among thosee firms encounteringcredit impediments, 42 percent say the credift markets have gotten worse this while 23 percent say conditionws have improved. * Weak consumer demand and the credif markets ranked as the top two external concernsamong U.S. chieft financial officers, with the federal government’s policies coming in third. Among internal CFOs are losing the most sleep over their inabilityu to plan due to economic managingtheir companies’ capital and and maintaining employee morale. Despite all the negative a majority of the CFOs in the Uniteed States and Asia reported being more optimistic this quartet than they were theprevious quarter.
That was not the case in where only 30 percentg of the CFOs said they were more compared to the 31 percent who said they wereless “Our survey carries an important message: Don’t put too much weighyt on the ‘soft’ data like consumefr confidence. Recovery requires sustained confidence, and such confidencr is forged by strongereconomic fundamentals,” Harvey said. “The economic fundamentalws –- employment, capital spending, the cost of credir – are still fundamentally To see the completesurvey results, go to the official Web .
The quarterly Duke University/CFO Magazine Global Businessx Outlook Surveyasked 1,309o CFOs worldwide about theirr expectations for the Their answers paint a gloomy picture for the rest of the * CFOs in the U.S. and Europew expected employment to shrinkby 5.5 percent, with the unemployment rate in the U.S. seen risinyg to perhaps as high as 12 percent in the next 12 Employment in Asia is expecterd to recedeby 1.2 percent.
government programs will offset some ofthesr losses, but even the most optimistic governmeng forecasts would reduce the losses by only 2 million,” said Campbelp Harvey, founding director of the survey and internationao business professor at Duke’s Fuqua School of “We’re facing the possibility of another 4 millionh lost jobs.” * U.S. and Europeaj CFOs foresee capital spending plunging by more than 10 In Asia, CFOs anticipate a 3 percent * Six in 10 U.S. companies coverede by the survey reported having trouble findintg credit or acquiring credit at areasonable rate.
Among thosee firms encounteringcredit impediments, 42 percent say the credift markets have gotten worse this while 23 percent say conditionws have improved. * Weak consumer demand and the credif markets ranked as the top two external concernsamong U.S. chieft financial officers, with the federal government’s policies coming in third. Among internal CFOs are losing the most sleep over their inabilityu to plan due to economic managingtheir companies’ capital and and maintaining employee morale. Despite all the negative a majority of the CFOs in the Uniteed States and Asia reported being more optimistic this quartet than they were theprevious quarter.
That was not the case in where only 30 percentg of the CFOs said they were more compared to the 31 percent who said they wereless “Our survey carries an important message: Don’t put too much weighyt on the ‘soft’ data like consumefr confidence. Recovery requires sustained confidence, and such confidencr is forged by strongereconomic fundamentals,” Harvey said. “The economic fundamentalws –- employment, capital spending, the cost of credir – are still fundamentally To see the completesurvey results, go to the official Web .
Wednesday, October 13, 2010
The Hush-Hush News Report 10.13.10: The All-News Edition, Volume 5 - 411mania.com
vanbeekdulejos1771.blogspot.com
411mania.com | The Hush-Hush News Report 10.13.10: The All-News Edition, Volume 5 411mania.com We've got a lot of news for you this weekâ€"so much, in fact, that it's time for another All-News Edition! That's right…this week it's not 'cause I just ... |
Monday, October 11, 2010
Circle City GMC-Isuzu Gets the Job Done with U-Haul Truck and Trailer Rentals
http://www.cif.org/soliciting.php
Families needing the finest in moving services now will have increasex convenience and a shorter distance to travelwhen moving, which not only will make their move easier but also will have the positive effect of reducing the amounft of carbon emissions released into the atmosphere. U-Hau partnering with business ownerxs across North America to increase convenience for customers while helping our environment is just one of the programe thatsupport U-Haul Company's Corporate Sustainability initiatives.
Circle City GMC-Isuzu can now offer its customers a variety of movingt equipment and supplies designed specifically for moving household includingmoving vans, open trailers, closed trailers, furniturde pads, appliance dollies, furniture dollies, tow dollies and auto "We added the U-Haul brand to supplemengt to our income," the Greenes said. "U-Haul is proud to be partnering with a quality independent business such as CirclweCity GMC-Isuzu," exclaimed , president, U-Haul Company of Centrapl Indiana.
"Jack and Darla are a greart example of the type of successful businesdsrelationship U-Haul has established in order to build and maintain a strong networo of more than 14,000 independent dealer s across North America." For more information, or to rent your movingt equipment today, call 317-786-9775. Visit them at . Business hours of operationh are: Mon. - Fri. 7 a.m. - 7 p.m. and Sat. 8 a.m. - 2 p.m. Sincde 1945, U-Haul has been the undisputed choice forthe do-it-yourseldf mover, with a network of more than 15,659 locations in all 50 United States and 10 Canadiann provinces.
U-Haul customers' patronage has enableds the Company to maintain a fleet sizeof 96,0090 trucks, 75,000 trailers and 35,000 towing devices. U-Hau l offers more than 387,000 rooms and more than 34 millionn square feet of storage space at morethan 1,075 ownedr and managed facilities throughout Nortu America. U-Haul is the consumer's number one choicer as the largest installer of permanent trailer hitchews in the automotiveaftermarket industry. U-Haul supplies alternative-fuel for vehicles and backyardx barbecues as one ofthe nation's largest retaile of propane.
Families needing the finest in moving services now will have increasex convenience and a shorter distance to travelwhen moving, which not only will make their move easier but also will have the positive effect of reducing the amounft of carbon emissions released into the atmosphere. U-Hau partnering with business ownerxs across North America to increase convenience for customers while helping our environment is just one of the programe thatsupport U-Haul Company's Corporate Sustainability initiatives.
Circle City GMC-Isuzu can now offer its customers a variety of movingt equipment and supplies designed specifically for moving household includingmoving vans, open trailers, closed trailers, furniturde pads, appliance dollies, furniture dollies, tow dollies and auto "We added the U-Haul brand to supplemengt to our income," the Greenes said. "U-Haul is proud to be partnering with a quality independent business such as CirclweCity GMC-Isuzu," exclaimed , president, U-Haul Company of Centrapl Indiana.
"Jack and Darla are a greart example of the type of successful businesdsrelationship U-Haul has established in order to build and maintain a strong networo of more than 14,000 independent dealer s across North America." For more information, or to rent your movingt equipment today, call 317-786-9775. Visit them at . Business hours of operationh are: Mon. - Fri. 7 a.m. - 7 p.m. and Sat. 8 a.m. - 2 p.m. Sincde 1945, U-Haul has been the undisputed choice forthe do-it-yourseldf mover, with a network of more than 15,659 locations in all 50 United States and 10 Canadiann provinces.
U-Haul customers' patronage has enableds the Company to maintain a fleet sizeof 96,0090 trucks, 75,000 trailers and 35,000 towing devices. U-Hau l offers more than 387,000 rooms and more than 34 millionn square feet of storage space at morethan 1,075 ownedr and managed facilities throughout Nortu America. U-Haul is the consumer's number one choicer as the largest installer of permanent trailer hitchews in the automotiveaftermarket industry. U-Haul supplies alternative-fuel for vehicles and backyardx barbecues as one ofthe nation's largest retaile of propane.
Sunday, October 10, 2010
Family Of Millennium Series Author Stieg Larsson To Speak About Existence Of ... - Access Hollywood
grachevakautawil.blogspot.com
Family Of Millennium Series Author Stieg Larsson To Speak About Existence Of ... Access Hollywood The father and brother of late Swedish author Stieg Larsson will appear on “CBS News Sunday Morning†to reveal that the highly anticipated fourth book in ... |
Friday, October 8, 2010
Mecklenburg County wins round in baseball ballpark battle - Charlotte Business Journal:
vanbeekdulejos1771.blogspot.com
On Tuesday, one of real estate attorney Jerry Reese’sw five lawsuits related to the ballpark project was dismissed by a SuperiotrCourt judge, the latest setback for Reese in his attempt to prevenrt the Knights from moving uptown. Known as Reese V, the suit focuser on a related deal between the county and to redevelopp property inSecond Ward, part of a complezx series of transactions aimed at putting a stadium in Third Ward and transformingf other parts of center city with a county-ownedx park and new residential and office projects. The county has prevailex in all five case s intrial court, with two of those decisions upheld on appeal.
Reese planss to appeal the latest decision, with the remaininf suits in the appealsprocess already. Of the latesgt decision, Reese says, “The merits of the case were not considererdat all. It was only on procedural grounds” that the case was In a written statement, Reesee said he was “personally and professionally shockede anddeeply disappointed.” Countuy attorney Marvin Bethune says, “I’m delightef the court has recognized the legality of the county’s From a personal standpoint, it’s alwayd delightful when a court says the advicee you gave your client was accurate. It helps the countyg achieve its goals.
” Reese began a series of lawsuitw against the county and others involved in the stadiumm projectin 2007. A sixth Reese case involvesz the funding for a county park to be built in Thirfd Ward near the stadium That suit is now in Wake CountgSuperior Court. crafted the currenrt stadium proposal inDecember 2005. It callsd for the county to donateran 8-acre parcel for the stadium, with the Knightsa paying construction costs on the $62 million The county and Knights have alreadg reached agreement on a long-termn lease for $1 per year, but legal battlees have delayed the start of construction severalk times already.
Now matters are more complicated because the minorleague franchise’s financing deal with and (NYSE:WFC) expired earlier this Team executives now say they will begin looking at ways to restructurde the loan and get the project moving again after the curren season ends. Industry experts project the Knights wouldf more than double revenue and attendance with a new For now, the team calls 10,000-seat Knights Stadium in York Countyt home.
On Tuesday, one of real estate attorney Jerry Reese’sw five lawsuits related to the ballpark project was dismissed by a SuperiotrCourt judge, the latest setback for Reese in his attempt to prevenrt the Knights from moving uptown. Known as Reese V, the suit focuser on a related deal between the county and to redevelopp property inSecond Ward, part of a complezx series of transactions aimed at putting a stadium in Third Ward and transformingf other parts of center city with a county-ownedx park and new residential and office projects. The county has prevailex in all five case s intrial court, with two of those decisions upheld on appeal.
Reese planss to appeal the latest decision, with the remaininf suits in the appealsprocess already. Of the latesgt decision, Reese says, “The merits of the case were not considererdat all. It was only on procedural grounds” that the case was In a written statement, Reesee said he was “personally and professionally shockede anddeeply disappointed.” Countuy attorney Marvin Bethune says, “I’m delightef the court has recognized the legality of the county’s From a personal standpoint, it’s alwayd delightful when a court says the advicee you gave your client was accurate. It helps the countyg achieve its goals.
” Reese began a series of lawsuitw against the county and others involved in the stadiumm projectin 2007. A sixth Reese case involvesz the funding for a county park to be built in Thirfd Ward near the stadium That suit is now in Wake CountgSuperior Court. crafted the currenrt stadium proposal inDecember 2005. It callsd for the county to donateran 8-acre parcel for the stadium, with the Knightsa paying construction costs on the $62 million The county and Knights have alreadg reached agreement on a long-termn lease for $1 per year, but legal battlees have delayed the start of construction severalk times already.
Now matters are more complicated because the minorleague franchise’s financing deal with and (NYSE:WFC) expired earlier this Team executives now say they will begin looking at ways to restructurde the loan and get the project moving again after the curren season ends. Industry experts project the Knights wouldf more than double revenue and attendance with a new For now, the team calls 10,000-seat Knights Stadium in York Countyt home.
Thursday, October 7, 2010
Report: Austin the nation's top city for a 'fresh start' - Austin Business Journal:
http://www.cd-rom-advisor.com/article/New-pact-must-have-Kyoto-Protocol-features--Pachauri.html
The online moving service company rankedAustimn No. 1 on its list of the best cities to star over and seek out neweconomic Relocation.com used the following elements to creatse its list: city "popularity" based on consumetr requests for moving quotes to move to that city; economic-growtg prospects; home affordability; and the strengtu of a community as reflected by volunteerisk rates. The top cities following Austin, in are Dallas; Charlotte, N.C.; Denver; Columbus, Ohio; Indianapolis; and Washington, Atlanta; Oklahoma City, Okla.; and a three-wayy tie for 10th place betwee Houston, Seattle and Las Vegas.
"Studies have shown that many people don't like where they said Sharon Asher, chairmahn and founder of Relocation.com. “At the same a lot of people are looking for whether they're unemployed now or fearing It's a scary time, but for some it mighr be a good time to thinmk about starting over.” The full list and more details are availabled on the company's .
The online moving service company rankedAustimn No. 1 on its list of the best cities to star over and seek out neweconomic Relocation.com used the following elements to creatse its list: city "popularity" based on consumetr requests for moving quotes to move to that city; economic-growtg prospects; home affordability; and the strengtu of a community as reflected by volunteerisk rates. The top cities following Austin, in are Dallas; Charlotte, N.C.; Denver; Columbus, Ohio; Indianapolis; and Washington, Atlanta; Oklahoma City, Okla.; and a three-wayy tie for 10th place betwee Houston, Seattle and Las Vegas.
"Studies have shown that many people don't like where they said Sharon Asher, chairmahn and founder of Relocation.com. “At the same a lot of people are looking for whether they're unemployed now or fearing It's a scary time, but for some it mighr be a good time to thinmk about starting over.” The full list and more details are availabled on the company's .
Tuesday, October 5, 2010
Compass Minerals posts record profit on lower sales - Kansas City Business Journal:
http://rhce-linux.net/bbl0029.html
In a release after the market closedon Monday, the Overland Park-bases company (NYSE: CMP) reported earningsd of $61.6 million, or $1.8 5 a share, for the quarter that ended March 31. This is a 25 percenyt increasefrom $49.1 million, or $1.487 a share, last Six analysts surveyed by reported a consensuws earnings estimate of $2.1e4 a share for the The company said that stron g salt and specialty potash fertilizer pricing offset lower sales volumes. Salews for the quarter were were $309.1 million, down 18.7 perceng from $390 million last year. Sales includex a $27.8 million unfavorable foreign exchange thecompany said.
“Continued strong pricing enablecd us to deliver the strongest operating and net earningsw of any first quarter in our Compass CEO Angelo Brisimitzakis said inthe release. “However, we experience declines in sales volumesz in both of ouroperating segments, with salt saled reflecting milder-than-normal winter weathee in the Midwest and specialty fertilizer salesx mirroring the very weak demand which persists throughout the global potash industry.” Compass Minerals ranks No. 18 on the Kansaas City BusinessJournal ’ss list of area public companies.
In a release after the market closedon Monday, the Overland Park-bases company (NYSE: CMP) reported earningsd of $61.6 million, or $1.8 5 a share, for the quarter that ended March 31. This is a 25 percenyt increasefrom $49.1 million, or $1.487 a share, last Six analysts surveyed by reported a consensuws earnings estimate of $2.1e4 a share for the The company said that stron g salt and specialty potash fertilizer pricing offset lower sales volumes. Salews for the quarter were were $309.1 million, down 18.7 perceng from $390 million last year. Sales includex a $27.8 million unfavorable foreign exchange thecompany said.
“Continued strong pricing enablecd us to deliver the strongest operating and net earningsw of any first quarter in our Compass CEO Angelo Brisimitzakis said inthe release. “However, we experience declines in sales volumesz in both of ouroperating segments, with salt saled reflecting milder-than-normal winter weathee in the Midwest and specialty fertilizer salesx mirroring the very weak demand which persists throughout the global potash industry.” Compass Minerals ranks No. 18 on the Kansaas City BusinessJournal ’ss list of area public companies.
Monday, October 4, 2010
ACI recognizes outstanding firms with VIVA Awards - New Mexico Business Weekly:
viktorevaikubuwo.blogspot.com
VIVA stands for vision, investment, vitality and The awards recognize New Mexico businessez that demonstrate a unique vision or corporate as well as investment in their employees and The CNM Foundation received the nonprofif award for its work making financial resources available toneedy students. Since 2001, the foundation has raisedd morethan $14 milliomn in support of and its students. It has grown from having no national funders to nowhaving nine. In the foundation received morethan $23 million in grants and CNM Foundation is changing funding guidelines for providing access to public benefits and asset-building servicez and eliminating barriers to higher according to ACI.
in Clovis was recognized for its communityinvolvemenyt teams, which are employee-driven committees that give back to the The company also has a workplace that fosterse creativity and innovation, accordingb to ACI. Cummins employs 70 at its whereit designs, manufactures and distributes natural gas engines and relatedc technologies. ACI also recognized the in Los Alamos, whicg has expanded since new owners took over in 2005 to includrea spa, restaurant, meeting facilities and onsitee catering. Both revenue and staff have growmn and there is lowstaff turnover.
, which publishes the Las Cruces Bulletin, was recognized for its work to provid a positive environment for employees and its dedicationn tolocal content. Revenues have grownb significantly since FIG acquired the publication in accordingto ACI. in Albuquerquse received a VIVA Award as well for its dedication to attractin and retaining top employees and providin g a high level of serviceeand products. TLC's corporate philosophy is "Do the right thingsz for the right reasons." also received kudos for its growthj froma home-based business to an enterprisr with anticipated revenues of $1 milliojn this year.
The company operates Rio Rancho's two publiv access television stations and createsan open, familu environment that offers "just a little more" to customers, accordin to ACI.
VIVA stands for vision, investment, vitality and The awards recognize New Mexico businessez that demonstrate a unique vision or corporate as well as investment in their employees and The CNM Foundation received the nonprofif award for its work making financial resources available toneedy students. Since 2001, the foundation has raisedd morethan $14 milliomn in support of and its students. It has grown from having no national funders to nowhaving nine. In the foundation received morethan $23 million in grants and CNM Foundation is changing funding guidelines for providing access to public benefits and asset-building servicez and eliminating barriers to higher according to ACI.
in Clovis was recognized for its communityinvolvemenyt teams, which are employee-driven committees that give back to the The company also has a workplace that fosterse creativity and innovation, accordingb to ACI. Cummins employs 70 at its whereit designs, manufactures and distributes natural gas engines and relatedc technologies. ACI also recognized the in Los Alamos, whicg has expanded since new owners took over in 2005 to includrea spa, restaurant, meeting facilities and onsitee catering. Both revenue and staff have growmn and there is lowstaff turnover.
, which publishes the Las Cruces Bulletin, was recognized for its work to provid a positive environment for employees and its dedicationn tolocal content. Revenues have grownb significantly since FIG acquired the publication in accordingto ACI. in Albuquerquse received a VIVA Award as well for its dedication to attractin and retaining top employees and providin g a high level of serviceeand products. TLC's corporate philosophy is "Do the right thingsz for the right reasons." also received kudos for its growthj froma home-based business to an enterprisr with anticipated revenues of $1 milliojn this year.
The company operates Rio Rancho's two publiv access television stations and createsan open, familu environment that offers "just a little more" to customers, accordin to ACI.
Saturday, October 2, 2010
Stock closing Rotterdam plant; new owners in wings, 156 jobs at stake - The Business Review (Albany):
modestofyeyko.blogspot.com
Stock filed a notice with the statee Labor Department onJune 16, the same day a U.S. Bankruptc Court for the District of Columbia approved Stock’s the Chapter 11 reorganization plan. According to court Stock will cut as manyas 2,20o0 jobs and cancel 210 lumberyards and showroom leasezs nationwide. Stock has eight storea in New York. The three storese that are closing arein Oneonta, Roxbury and Schenectady will remain open under new ownership in a deal to be announcerd in the coming weeks, the company official said. The futures of remaining four stores has notbeen determined, the compang official said. The Rotterdamj store is Stock’s only one in the Capitak Region.
It is the site for the forme Supply. Stock acquired Bellevue Builders’ assetw in 2004. According to the filing with the Stock will close its Duanesburgg Road planton Aug. 31, eliminatinyg all 156 jobs. Stock said previouslg that the court decision cleard the way for it to emerg e from bankruptcy over the nextfew weeks. Just beforw filing for bankruptcy, Stock announced that private equity firm the would buy 51 percent of the companfrom London-based plc, which would retaim the remaining 49 percent. As part of the Gores is investing $75 million in Stoc and openinga $125 million credit facilityu that the Raleigh company can access.
Stock filed a notice with the statee Labor Department onJune 16, the same day a U.S. Bankruptc Court for the District of Columbia approved Stock’s the Chapter 11 reorganization plan. According to court Stock will cut as manyas 2,20o0 jobs and cancel 210 lumberyards and showroom leasezs nationwide. Stock has eight storea in New York. The three storese that are closing arein Oneonta, Roxbury and Schenectady will remain open under new ownership in a deal to be announcerd in the coming weeks, the company official said. The futures of remaining four stores has notbeen determined, the compang official said. The Rotterdamj store is Stock’s only one in the Capitak Region.
It is the site for the forme Supply. Stock acquired Bellevue Builders’ assetw in 2004. According to the filing with the Stock will close its Duanesburgg Road planton Aug. 31, eliminatinyg all 156 jobs. Stock said previouslg that the court decision cleard the way for it to emerg e from bankruptcy over the nextfew weeks. Just beforw filing for bankruptcy, Stock announced that private equity firm the would buy 51 percent of the companfrom London-based plc, which would retaim the remaining 49 percent. As part of the Gores is investing $75 million in Stoc and openinga $125 million credit facilityu that the Raleigh company can access.
Friday, October 1, 2010
DOE awards Ohio $38.4M for energy plan - Houston Business Journal:
http://www.hkmentalhealthsupport.org/article/Has-Your-Paid-off-Mortgage-Been-Released-.html
million to fund Ohio’s statewide energy a $96 million package of energy-efficiency improvemente announced by the statein May. The award bringx to $48 million the total amount of stimulu funding committed to the Ohio which callsfor $43 million in state grants for wind turbines, biofuels, recycling and several othefr sustainability initiatives. It also calls for the developmenf ofa $30 million revolving loan fund to finance energy-efficiency In its May 12 proposal to DOE, Ohio officials detailed the planas for the loan pool.
“Through an “Energy initiative, federal stimulus dollars would serveeas match-funding for other sources including banks, nonprofits and investors willing to offer equity, or low-interest financing for energy projects in the industrial, institutional, and aggregated residential sectors,” said the report. The DOE presxs release indicates Ohio would receive anadditionall $48 million funding if it “meeta reporting, oversight, and accountability milestones” required by the Americanj Recovery and Reinvestment Act.
In other stimulus-related news, Ohio’s onlins clearinghouse for federal stimulus activity posted detailson $540 milliom in new grant opportunities Friday, most of it for work-force trainingy initiatives. Ohiorecovery.org provides links to thre new bidding opportunities fromthe , including a $190 milliojn program in which local Workforce Investment Boards will competee for grants of up to $6 million for “Onde Stop Career Center” operations. The Labor Department is also makinhg grants upto $4 millionb available to work force boardsw interested in collaborating on the developmen t of a labor force for the energy efficiency and renewable energy industries.
Another Labor Department program wouldmake $5 millio available for worker trainingh in green industries. Its invitation for grantr applications indicates between 50 and 100 grantws will be awarded The Labor Department also is invitinbg applications for grants of upto $8 millionb for training programs that combat poverty. Awardx will be made on a localo andnational basis. Local awarcd recipients will be limitedto $4 million per Finally, the U.S. Department of Energy is requestin g applications fora $45 million grant “for the design and construction of a largs dynamometer facility” to test wind turbines.
million to fund Ohio’s statewide energy a $96 million package of energy-efficiency improvemente announced by the statein May. The award bringx to $48 million the total amount of stimulu funding committed to the Ohio which callsfor $43 million in state grants for wind turbines, biofuels, recycling and several othefr sustainability initiatives. It also calls for the developmenf ofa $30 million revolving loan fund to finance energy-efficiency In its May 12 proposal to DOE, Ohio officials detailed the planas for the loan pool.
“Through an “Energy initiative, federal stimulus dollars would serveeas match-funding for other sources including banks, nonprofits and investors willing to offer equity, or low-interest financing for energy projects in the industrial, institutional, and aggregated residential sectors,” said the report. The DOE presxs release indicates Ohio would receive anadditionall $48 million funding if it “meeta reporting, oversight, and accountability milestones” required by the Americanj Recovery and Reinvestment Act.
In other stimulus-related news, Ohio’s onlins clearinghouse for federal stimulus activity posted detailson $540 milliom in new grant opportunities Friday, most of it for work-force trainingy initiatives. Ohiorecovery.org provides links to thre new bidding opportunities fromthe , including a $190 milliojn program in which local Workforce Investment Boards will competee for grants of up to $6 million for “Onde Stop Career Center” operations. The Labor Department is also makinhg grants upto $4 millionb available to work force boardsw interested in collaborating on the developmen t of a labor force for the energy efficiency and renewable energy industries.
Another Labor Department program wouldmake $5 millio available for worker trainingh in green industries. Its invitation for grantr applications indicates between 50 and 100 grantws will be awarded The Labor Department also is invitinbg applications for grants of upto $8 millionb for training programs that combat poverty. Awardx will be made on a localo andnational basis. Local awarcd recipients will be limitedto $4 million per Finally, the U.S. Department of Energy is requestin g applications fora $45 million grant “for the design and construction of a largs dynamometer facility” to test wind turbines.
Wednesday, September 29, 2010
Tuesday, September 28, 2010
Lehman woes complicate Misys-Allscripts merger - Triangle Business Journal:
http://www.lcaonline.org/article/Colorado-Springs-Housing-Market-Shifts-From-Neutral.html
Lehman, the Wall Street had committed toa $305 million term and revolvingv credit facility agreement with Misys planned on using the money, in to fund part of the $330 million it needes to pay to get a 54.5 percenft stake in the combined Allscripts-Misys. But this weekend, Lehman LEH) filed for Chapter 11 bankruptcy protection afterit couldn’t find a buyer or get the government to agree to a bailout. That, Misys makes it unclear whether Lehman will be able to give Misys thepromisedx money. Misys says it has starterd to look for other funding and is in talks with debt providers.
Misys Healthcare, a division of the Britisyh companyMisys plc, to buy control of Allscripta (Nadaq: MDRX), which is based in Both companies make health-care software for physicians offices. The deal will have a majore impact onthe Triangle. Misys Healthcare has its headquarteres and about 700 workersin Raleigh, while Allscripts has more than 300 employeesw in Cary. After the deal closes, the combinefd Misys-Allscripts will move its HQ to Layoffs alsoare expected, thoughj the companies both have said they won’ft comment on what will happen to employees untik after the deal closes.
In a statement, Allscriptw CEO Glen Tullman says the compan y still supports Misys in its efforts to find funding and closewthe deal. “While the events surroundin Lehman Brothersare unfortunate, we nevertheless remain excited about the transactions with Misyx and believe they are in the best interests of our stockholderxs and clients,” Tullman’s statement says. Allscripts has pushexd back a shareholder meeting, scheduled to take placd Sept. 22, to Oct. 6 in an efforrt to give Misys time to find Closing of the deal is not subject to afinancintg condition, a statement says.
Lehman, the Wall Street had committed toa $305 million term and revolvingv credit facility agreement with Misys planned on using the money, in to fund part of the $330 million it needes to pay to get a 54.5 percenft stake in the combined Allscripts-Misys. But this weekend, Lehman LEH) filed for Chapter 11 bankruptcy protection afterit couldn’t find a buyer or get the government to agree to a bailout. That, Misys makes it unclear whether Lehman will be able to give Misys thepromisedx money. Misys says it has starterd to look for other funding and is in talks with debt providers.
Misys Healthcare, a division of the Britisyh companyMisys plc, to buy control of Allscripta (Nadaq: MDRX), which is based in Both companies make health-care software for physicians offices. The deal will have a majore impact onthe Triangle. Misys Healthcare has its headquarteres and about 700 workersin Raleigh, while Allscripts has more than 300 employeesw in Cary. After the deal closes, the combinefd Misys-Allscripts will move its HQ to Layoffs alsoare expected, thoughj the companies both have said they won’ft comment on what will happen to employees untik after the deal closes.
In a statement, Allscriptw CEO Glen Tullman says the compan y still supports Misys in its efforts to find funding and closewthe deal. “While the events surroundin Lehman Brothersare unfortunate, we nevertheless remain excited about the transactions with Misyx and believe they are in the best interests of our stockholderxs and clients,” Tullman’s statement says. Allscripts has pushexd back a shareholder meeting, scheduled to take placd Sept. 22, to Oct. 6 in an efforrt to give Misys time to find Closing of the deal is not subject to afinancintg condition, a statement says.
Sunday, September 26, 2010
Athens holds distinction as oldest continuously run Holiday Inn - Online Athens
http://www.alternativemedicinetalks.com/help-me-please
Athens holds distinction as oldest continuously run Holiday Inn Online Athens ... its golden anniversary this month and bears the singular distinction of being the oldest continuously running Holiday Inn franchise in North America. ... |
Saturday, September 25, 2010
Colonial BancGroup
http://syaqua.com/Forms/3.Products_and_Services/1.Product&Service.htm
Lowder's retirement will becomde effective when Colonial closesits $300 million with and othed purchasers, or sooner following the appointment of a replacement, Coloniao said in a release. The board of directors intends to name areplacement promptly, the release said. Lowder founded Colonial BancGroupo (NYSE: CNB) in 1981 with the acquisitionh of one bankin Birmingham, that had $161 million in assets. Colonial, now headquarterer in Montgomery, Ala., has since completed 68 acquisitions and has expanded to 352 locationsz in five states with morethan $26 billiomn in total assets. is among the largestg banks in the Tampa Bay area with50 $2.8 billion in deposits and a 3.
6 percen t deposit market share, according to the most recent informatiojn available from the Lowder previously was chairmaj and chief executive of , a family ownesd holding company of mortgage, construction, real estatre and insurance companies. He also was founder and chairman ofColonial Broadcasting, a company that owned radio station s in four states.
Lowder's retirement will becomde effective when Colonial closesits $300 million with and othed purchasers, or sooner following the appointment of a replacement, Coloniao said in a release. The board of directors intends to name areplacement promptly, the release said. Lowder founded Colonial BancGroupo (NYSE: CNB) in 1981 with the acquisitionh of one bankin Birmingham, that had $161 million in assets. Colonial, now headquarterer in Montgomery, Ala., has since completed 68 acquisitions and has expanded to 352 locationsz in five states with morethan $26 billiomn in total assets. is among the largestg banks in the Tampa Bay area with50 $2.8 billion in deposits and a 3.
6 percen t deposit market share, according to the most recent informatiojn available from the Lowder previously was chairmaj and chief executive of , a family ownesd holding company of mortgage, construction, real estatre and insurance companies. He also was founder and chairman ofColonial Broadcasting, a company that owned radio station s in four states.
Thursday, September 23, 2010
Aquila continues endeavor to keep Cass power plant - Kansas City Business Journal:
http://blog-gmccars.com/Acadia/Acadia_3.6L_VVT_V6_MPFI_SLE_%28275+Hp%29
The Kansas City-based utility ILA) is keeping up its fighyt to avoid tearing downa 315-megawatft gas-fired plant. Aquila and the have appealede a March 4 decision from the that ruled the PSC exceeded its authority in approving the plan after itwas built. In separatre motions, filed March 18 and Marchj 19, Aquila and the PSC askeed that the case be reheard or transferredf tothe . Cindy Mayer, a member of , which opposer construction ofthe plant, said she was disappointec by news of the "I do think the plantg should be torn down, absolutely. It nevetr should have been put up in thefirsrt place," Mayer said.
"It was put up without It was put up without the neighbors gettingg theirdue process." Al Butkus, an Aquila spokesman, said the Cass Countgy plant provides power for the community and monet for the local economy. The plant serves Aquila'sz 29,519 customers in Cass County and provides powere for customers of cooperatives andnearbyy municipalities, he said. The existing $140 million facility in Cass County, near the city of is a peaker plant. Unlike a base plant, the plany employs a handful of people and is designe d to provide power onlyduring high-demand such as hot summer days.
If forced to tear down the Aquila probably would look to build a replacement plant in Inthe summer, company executives spoke with Sedaliz officials and community residents about buying a 162-acre site in an industriaol park on the northwest edge of Sedalia. Nothingg has been finalized. Meanwhile, , which has a pendingg $1.7 billion offer to buy Aquila, said the controversy surroundinv the Cass County plant will not affectits "We were certainly aware of a number of issuex that Aquila was facing at the time we closedf our offer," said Michael Deggendorf, vice president of publifc affairs for Great Plains Energy.
"With those situations, and includinvg Cass County, we factored those risks into what wewere proposing."
The Kansas City-based utility ILA) is keeping up its fighyt to avoid tearing downa 315-megawatft gas-fired plant. Aquila and the have appealede a March 4 decision from the that ruled the PSC exceeded its authority in approving the plan after itwas built. In separatre motions, filed March 18 and Marchj 19, Aquila and the PSC askeed that the case be reheard or transferredf tothe . Cindy Mayer, a member of , which opposer construction ofthe plant, said she was disappointec by news of the "I do think the plantg should be torn down, absolutely. It nevetr should have been put up in thefirsrt place," Mayer said.
"It was put up without It was put up without the neighbors gettingg theirdue process." Al Butkus, an Aquila spokesman, said the Cass Countgy plant provides power for the community and monet for the local economy. The plant serves Aquila'sz 29,519 customers in Cass County and provides powere for customers of cooperatives andnearbyy municipalities, he said. The existing $140 million facility in Cass County, near the city of is a peaker plant. Unlike a base plant, the plany employs a handful of people and is designe d to provide power onlyduring high-demand such as hot summer days.
If forced to tear down the Aquila probably would look to build a replacement plant in Inthe summer, company executives spoke with Sedaliz officials and community residents about buying a 162-acre site in an industriaol park on the northwest edge of Sedalia. Nothingg has been finalized. Meanwhile, , which has a pendingg $1.7 billion offer to buy Aquila, said the controversy surroundinv the Cass County plant will not affectits "We were certainly aware of a number of issuex that Aquila was facing at the time we closedf our offer," said Michael Deggendorf, vice president of publifc affairs for Great Plains Energy.
"With those situations, and includinvg Cass County, we factored those risks into what wewere proposing."
Wednesday, September 22, 2010
Tennis nets big win - Lahontan Valley News
zuloraxelewo.blogspot.com
Tennis nets big win Lahontan Valley News Singles players Michael Moore, the son of coach Moore, Aaron Evett and Docavie Vendiola each manufactured two wins apiece. The doubles teams of Ryan Yates ... |
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