quarterly-limiting.blogspot.com
About a year later, businesd practically dried upand Honig, the ownee of Golf Cart Connection, was facing huge property tax billes and other costs. So, in an effort to recou p some costs, he configured an office in his buildingwith furniture, phone and an Internett line, and put an ad on , looking for a tenant. “I thought maybe it woulx be a good space for an accountant ora manufacturer’s representative,” Honig said. He is not alone. Across South Florida, companies are looking to monetize unuseeoffice space. The push can mean chea rent forbargain hunters.
But, it also cranks up the pressurwe on building owners that have to compete against discounted subletds tohook tenants. Office sublets rose regionwid during thefirst quarter. There are more than 1.5 million square feet of empty spaces now being marketed for according tomarket data. For Honig, whosse firm is wrestling financial hardships, renting out an officd is a way to stem the flow ofred ink. And with the econom y sputtering, the number of firms looking to rent out officd space standsto grow. “I’ve spentt nine years in this and I have more subleases availablethan I’vw ever had before,” said John a tenant representative with in Boca Raton.
“Everyone is It’s crazy out there. Everything is negotiable righ t now. People are taking 60 cents on the Jack Lowell, VP of in Coral Gables, said these sublets are creating affordablew opportunities for tenants that don’t want to sign long-ternm leases. In Miami, subleasing represents abouyt 3 percent of theoffic market. It’s a small, but number, Lowell said. Pinpointinfg exactly how many square feet of calledshadow space, are actually available is challenginhg because space is still controlled by existin rent-paying tenants.
For the first time in Lowell said he is representing two unnamed tenants lookin g tosublease space: a downtown Miami law firm that downsize and has part of one floo for rent, and a Coral Gables financiall firm with an entire floor “Whenever you see a downturnj in the market, there is a pickup in sublease Lowell said. “The subleases are usually very Theyare moving.” The Miami law firm LLP is countintg on that being the case. With 12 monthx left on its two subtenants’ leases, the firm has alreadu hired a broker to listthe 7,400 square feet of spac it has at the tony Four Season s Tower in downtown Miami.
The firm took the extra spaceein 2005, thinking it would be needed for expansion, but has instead sublet the spac for the last four years. With a negotiable rate of $40 a squarr foot in one of the most luxurious offices buildings indowntown Miami, Tew broker, Peter Harrison of Transwestern in Miami, is confideny the space will move. Whilee there is a lot of newly constructed office spacs coming online indowntown “they don’t have our rate,” said Tom managing partner of Tew Cardenas. One of the more high-profilse sublet deals of the downturn came when leased the entirew sixth floor of its waterfrongt headquartersto .
Monday, February 28, 2011
Saturday, February 26, 2011
Toy
lihung-associations.blogspot.com
Toys “R” Us said it agreed to acquired the upscale merchant in a deal that combines two ofthe nation’sw most high-profile toy chains, but will end Schwarz’ds presence at 260 Macy’s locations. Last May, New York retailerd FAO Schwarzand Macy's signed an calling for Macy's to roll out FAO Schwarzs toy stores in about 675 locationes over the next two years, including 16 in the Houstob area. “Under the terms of the sale, the FAO Schwarzz agreement to sell toys in select Macy’s stores nationwide will end in Novembedr of this year,” Toys "R" Us spokeswomaj Jennifer Albano said in an e-mail.
Macy'x spokesman Jim Sluzewski said the retailer was just notifiedfby Wayne, N.J.-based Toys "R" Us about the changee on May 28. “Our understanding is that the FAO Schwarzz product will phase out in our storezs and be gone by the end of he said. Asked if Macy's will replace the boutiquess with another brandedtoy chain, or its own, he said Macy's is "reviewing those opportunities." The deal combined one of the most privilegex toy chains merchants with one of the most Toys “R” Us operates stores in 33 countries worldwide. FAO Schwarz, is the oldest toy retailer in the foundedin 1862. Financial terms of the deal between Wayne, N.J.
-basex Toys "R" Us and FAO Schwarz have not been but the deal includes the two FAO stores in New York City and at Caesarss Palace inLas Vegas, plus the e-commerc and catalog operations. In a press Toys "R" Us CEO Jerry Storch said he takesw the responsibility of building onFAO Schwarz’s storiede tradition very seriously. ”We will work tirelessly to preserve the distinctiveness and integrityu of the FAO Schwarz stores and brand as we grow thebusinesd and, indeed, take the brand to even greater All merchandising, management, distribution and marketinb operations will immediately begin to transition to Toys Us Inc.
, according to the
Toys “R” Us said it agreed to acquired the upscale merchant in a deal that combines two ofthe nation’sw most high-profile toy chains, but will end Schwarz’ds presence at 260 Macy’s locations. Last May, New York retailerd FAO Schwarzand Macy's signed an calling for Macy's to roll out FAO Schwarzs toy stores in about 675 locationes over the next two years, including 16 in the Houstob area. “Under the terms of the sale, the FAO Schwarzz agreement to sell toys in select Macy’s stores nationwide will end in Novembedr of this year,” Toys "R" Us spokeswomaj Jennifer Albano said in an e-mail.
Macy'x spokesman Jim Sluzewski said the retailer was just notifiedfby Wayne, N.J.-based Toys "R" Us about the changee on May 28. “Our understanding is that the FAO Schwarzz product will phase out in our storezs and be gone by the end of he said. Asked if Macy's will replace the boutiquess with another brandedtoy chain, or its own, he said Macy's is "reviewing those opportunities." The deal combined one of the most privilegex toy chains merchants with one of the most Toys “R” Us operates stores in 33 countries worldwide. FAO Schwarz, is the oldest toy retailer in the foundedin 1862. Financial terms of the deal between Wayne, N.J.
-basex Toys "R" Us and FAO Schwarz have not been but the deal includes the two FAO stores in New York City and at Caesarss Palace inLas Vegas, plus the e-commerc and catalog operations. In a press Toys "R" Us CEO Jerry Storch said he takesw the responsibility of building onFAO Schwarz’s storiede tradition very seriously. ”We will work tirelessly to preserve the distinctiveness and integrityu of the FAO Schwarz stores and brand as we grow thebusinesd and, indeed, take the brand to even greater All merchandising, management, distribution and marketinb operations will immediately begin to transition to Toys Us Inc.
, according to the
Wednesday, February 23, 2011
Is health reform plan missing the mark? - Tampa Bay Business Journal:
http://myauotocar.net/mitsubishi-cars/mitsubishi-eclipse/
That goal, however, may not be achieved in the legislatio now movingthrough Congress, some busines groups fear. They’re afraid the bill being marked up this montn by theSenate Health, Education, Labor and Pensiones Committee won’t do enough to control health care costs, but will go too far in imposin stiff new insurance requirements — including minimum coverage levelsa — on employers. They also worry that includinbga government-run plan as an option in new insurance exchanges wouldr lead hospitals and doctors to charges private insurers more for their servicexs in order to compensate for underpayments they would receive from the publidc plan. The U.S.
Chamber of Commerces has e-mailed its members, urginyg them to oppose the SenateHELP Committee’s bill, calling it “a dangerous proposal.” James the chamber’s senior manager of health policy, said he is optimistic the Senate won’t go along with a provision that calls for a government-appointexd board to decide what level of benefitsd must be included in insurance plans. If that provision is not many employers likely would face highe rinsurance costs, because senators look at the benefits-richh plan now offered to federal employeesz as the “gold standard” for health care he said.
Now is the time for businesseds to demand changes in the including striking a requirement for employers to provide insurance totheifr workers, he said. Many small businesses simplyg can’t afford that, the chamber “We need health reform,” Gelfand but if the bill isn’t “I don’t know how we could possibly support it.” Businesws groups are hoping the Senates Finance Committee will producelegislationb that’s friendlier to employers.
The prospecgt of health care reform raising costsd for small businessesis “a legitimate fear,” said John Arensmeyer, CEO of Small Busines Majority, an organization that believes employers should providre insurance to their workers. But if done correctly, healthb care reform would save smalplbusinesses money, he said. A study commissionecd by the organization found that businessez with fewer than 100 employees coule save as muchas $855 billion over the next 10 yearsz if health care reform is compared with what they woulc pay for health insurance if the system isn’t reformed.
The analysis, conducterd by economist Jonathan Gruber, assumes that Congressw will require all but the smallest firms to providse health insurance to their employees or pay a fee to thefedera government, based on their size. It also assumes that Congress will provide tax creditsz to small businesses to help them pay for thecoveragee — a provision that is included in the Senatew HELP Committee’s bill. “With a stront credit, small businesses can be a big winner in this Gruber said. Todd McCracken, presidenr of the , said it’s “not yet whether small businesses will be better off after health care reform than theyare now.
Providingg tax credits or othe r subsidies to small businesses for insurancd coveragecould “create all kinds of weird incentivesd and disincentives” for companies, he said. Basingv the subsidies on size ofbusiness isn’t a good solution because some smallo businesses — a law firm, for example — can be quit e profitable, he said. Focusing on low-wage businesses may not be fair because that encourages companies to paylow wages, McCracken said.
That goal, however, may not be achieved in the legislatio now movingthrough Congress, some busines groups fear. They’re afraid the bill being marked up this montn by theSenate Health, Education, Labor and Pensiones Committee won’t do enough to control health care costs, but will go too far in imposin stiff new insurance requirements — including minimum coverage levelsa — on employers. They also worry that includinbga government-run plan as an option in new insurance exchanges wouldr lead hospitals and doctors to charges private insurers more for their servicexs in order to compensate for underpayments they would receive from the publidc plan. The U.S.
Chamber of Commerces has e-mailed its members, urginyg them to oppose the SenateHELP Committee’s bill, calling it “a dangerous proposal.” James the chamber’s senior manager of health policy, said he is optimistic the Senate won’t go along with a provision that calls for a government-appointexd board to decide what level of benefitsd must be included in insurance plans. If that provision is not many employers likely would face highe rinsurance costs, because senators look at the benefits-richh plan now offered to federal employeesz as the “gold standard” for health care he said.
Now is the time for businesseds to demand changes in the including striking a requirement for employers to provide insurance totheifr workers, he said. Many small businesses simplyg can’t afford that, the chamber “We need health reform,” Gelfand but if the bill isn’t “I don’t know how we could possibly support it.” Businesws groups are hoping the Senates Finance Committee will producelegislationb that’s friendlier to employers.
The prospecgt of health care reform raising costsd for small businessesis “a legitimate fear,” said John Arensmeyer, CEO of Small Busines Majority, an organization that believes employers should providre insurance to their workers. But if done correctly, healthb care reform would save smalplbusinesses money, he said. A study commissionecd by the organization found that businessez with fewer than 100 employees coule save as muchas $855 billion over the next 10 yearsz if health care reform is compared with what they woulc pay for health insurance if the system isn’t reformed.
The analysis, conducterd by economist Jonathan Gruber, assumes that Congressw will require all but the smallest firms to providse health insurance to their employees or pay a fee to thefedera government, based on their size. It also assumes that Congress will provide tax creditsz to small businesses to help them pay for thecoveragee — a provision that is included in the Senatew HELP Committee’s bill. “With a stront credit, small businesses can be a big winner in this Gruber said. Todd McCracken, presidenr of the , said it’s “not yet whether small businesses will be better off after health care reform than theyare now.
Providingg tax credits or othe r subsidies to small businesses for insurancd coveragecould “create all kinds of weird incentivesd and disincentives” for companies, he said. Basingv the subsidies on size ofbusiness isn’t a good solution because some smallo businesses — a law firm, for example — can be quit e profitable, he said. Focusing on low-wage businesses may not be fair because that encourages companies to paylow wages, McCracken said.
Monday, February 21, 2011
Stunting growth: Dr. Jason Chesney is developing a drug he believes could stop the spread of cancer - Business First of Louisville:
rubber roofs
During a stint workingh with proteins in an immunology laboratoryt at theNew York-based , his attention consistently veered toward applying those proteins toward cancefr cells. “Everybody else was working on infectiousdisease (research), and I decidexd I wanted to pursue the research of cancer,” Chesney “My boss looked at me like I was a His persistence paid off. Chesney’s cancer-relatef research resulted in speaking engagements, including trips to Louisville in 2001and 2002. It also was in 2002 that he joinefdthe , working mainly as a researcher and doingf some clinical work at the . He became a full-timw university faculty memberin 2003.
Among Chesney’s current research projects is one that he believes coulde transform cancer from a terminal illnesss into atreatable one. “If we can blocm tumors from growing, we can turn cancer into a chronic diseas e not unlike highblood pressure,” he Cancer is caused by mutations in proteins that cancer cells to survive and thrive, Chesney explained. “W e want to block thoswe signals.” As lead researcher on the 4-year-old Chesney and other researchers screened 14 million compounds in an effortg to find one that achieved the goal of blockinbthe signals, thus preventing tumor growth.
The group found one, and it sincwe has developed an anti-cancer drug that has proven effectivwein mice. Chesney believes the drug also could be effectives in humans and couldx be taken inoral form. “We think this is sort of like hittinv a cancer cell with a sledgehammer — without hitting the normal he said. A provisional patengt for the drug is in Chesney said, which gives the researchere one year to gather more data and submitt a final patent. The provisional paten allows the researchers to publish their findings and protectssthe discovery.
Currently, U of L’xs Office of Technology Transfer is seeking to licensethe drug, Chesney University officials expect to have a licensintg partner in place within six months. One potential licensinv partneris Louisville-based Advanced Cancer Therapeutics LLC, which workx closely with U of L’s Jamese Graham Brown Cancer Center to help expedite the processz of getting cancer treatments to market. But Chesney said the schoolo also could license the drug to a largedr pharmaceutical orbiotech company, such as or Larger companies coulr provide more funding to carry the drug througjh phase one clinical trials, which Chesney expects will cost between $2 million and $3 million.
Chesney and threw other researchers who helped generate thepatenrt — John Trent, Brian Clem and Suchetaw Telang — would share in any patent royaltiews if the drug is Since 2002, Chesney’s lab has receivedf $4.5 million in gran t funding for various projects, including the development of this anti-cancer drug. Its funding sources have includecd the Kentucky Lung CancerResearch Program, a fund created usingh tobacco settlement money, and the . Chesneyh said progress in medical discoveriea has resulted in the decreasing prevalence ofsome diseases. But cancer is not one of them, and that is why Chesnety has made ithis focus.
“The death ratesx (for cancer) have barely budged over the last four Chesney said. “It’s the biggest problem in Westernnmedicine today.”
During a stint workingh with proteins in an immunology laboratoryt at theNew York-based , his attention consistently veered toward applying those proteins toward cancefr cells. “Everybody else was working on infectiousdisease (research), and I decidexd I wanted to pursue the research of cancer,” Chesney “My boss looked at me like I was a His persistence paid off. Chesney’s cancer-relatef research resulted in speaking engagements, including trips to Louisville in 2001and 2002. It also was in 2002 that he joinefdthe , working mainly as a researcher and doingf some clinical work at the . He became a full-timw university faculty memberin 2003.
Among Chesney’s current research projects is one that he believes coulde transform cancer from a terminal illnesss into atreatable one. “If we can blocm tumors from growing, we can turn cancer into a chronic diseas e not unlike highblood pressure,” he Cancer is caused by mutations in proteins that cancer cells to survive and thrive, Chesney explained. “W e want to block thoswe signals.” As lead researcher on the 4-year-old Chesney and other researchers screened 14 million compounds in an effortg to find one that achieved the goal of blockinbthe signals, thus preventing tumor growth.
The group found one, and it sincwe has developed an anti-cancer drug that has proven effectivwein mice. Chesney believes the drug also could be effectives in humans and couldx be taken inoral form. “We think this is sort of like hittinv a cancer cell with a sledgehammer — without hitting the normal he said. A provisional patengt for the drug is in Chesney said, which gives the researchere one year to gather more data and submitt a final patent. The provisional paten allows the researchers to publish their findings and protectssthe discovery.
Currently, U of L’xs Office of Technology Transfer is seeking to licensethe drug, Chesney University officials expect to have a licensintg partner in place within six months. One potential licensinv partneris Louisville-based Advanced Cancer Therapeutics LLC, which workx closely with U of L’s Jamese Graham Brown Cancer Center to help expedite the processz of getting cancer treatments to market. But Chesney said the schoolo also could license the drug to a largedr pharmaceutical orbiotech company, such as or Larger companies coulr provide more funding to carry the drug througjh phase one clinical trials, which Chesney expects will cost between $2 million and $3 million.
Chesney and threw other researchers who helped generate thepatenrt — John Trent, Brian Clem and Suchetaw Telang — would share in any patent royaltiews if the drug is Since 2002, Chesney’s lab has receivedf $4.5 million in gran t funding for various projects, including the development of this anti-cancer drug. Its funding sources have includecd the Kentucky Lung CancerResearch Program, a fund created usingh tobacco settlement money, and the . Chesneyh said progress in medical discoveriea has resulted in the decreasing prevalence ofsome diseases. But cancer is not one of them, and that is why Chesnety has made ithis focus.
“The death ratesx (for cancer) have barely budged over the last four Chesney said. “It’s the biggest problem in Westernnmedicine today.”
Friday, February 18, 2011
Alternative fuels summit set for Ga. Tech - Atlanta Business Chronicle:
concrete roofing tiles
The third in a seried of regional summits will focus on how to build a commercially viable alternative fuels industry inthe U.S. Presenters will includew industry leaders andacademic experts. “Alternative fuels are becoming ‘imperativde fuels’ in order to meet the global energy demand s ofthe future,” said Alan Novak, directord of alternative fuels for Emerson Process Management, a divisionn of St. Louis-based Emerson. The federal economic stimulus packagwe signed into law by President Baracki Obama last winterincludes $16.u8 billion for renewable energy programs and initiatives run by the .
Of that $800 million is earmarked for biomass research, demonstration and deployment. Speakers at Thursday’w summit, which runs from 8:30 a.m. until 3 p.m. at Tech’s Hotel and Conference Centetr onSpring Street, will include David renewable energy manager for the Georgia Center for Innovation of and Ron Barmore, an executive with Colorado-based , which is building Georgia’s first commercial cellulosic ethanol plant near Soperton, Ga.
The third in a seried of regional summits will focus on how to build a commercially viable alternative fuels industry inthe U.S. Presenters will includew industry leaders andacademic experts. “Alternative fuels are becoming ‘imperativde fuels’ in order to meet the global energy demand s ofthe future,” said Alan Novak, directord of alternative fuels for Emerson Process Management, a divisionn of St. Louis-based Emerson. The federal economic stimulus packagwe signed into law by President Baracki Obama last winterincludes $16.u8 billion for renewable energy programs and initiatives run by the .
Of that $800 million is earmarked for biomass research, demonstration and deployment. Speakers at Thursday’w summit, which runs from 8:30 a.m. until 3 p.m. at Tech’s Hotel and Conference Centetr onSpring Street, will include David renewable energy manager for the Georgia Center for Innovation of and Ron Barmore, an executive with Colorado-based , which is building Georgia’s first commercial cellulosic ethanol plant near Soperton, Ga.
Wednesday, February 16, 2011
Peabody, Shanxi Lu
soileauifyyfa1786.blogspot.com
The Shaxi Mine, which is under has the potential to expandx to 15 million tons or more per year in line with the developmentf of a new rail project that woulcd serve electricity customers and otherd industrial users in Centra l andEastern China. In the comin g months, the companies said they plan to conducf a feasibility study to evaluate technicao requirements for next phasesof development, whichn also includes other coal reserves in the region ownedx by Lu’an. “China is leading the world in industrialo growth and fueling its progresswith coal,” said Peabody Energ Chairman and Chief Executive Gregory Boyce in a statement.
“Peabody has a growing presence in Asia and seeks to partnerin world-classw coal projects to fuel long-terk energy needs …” Peabody has an expanding presencer in China and is the only non-Chinesw partner in GreenGen, a near-zerpo emissions power project in Tianjin. The compan is pursuing multiple partnerships in Asia that includre a large surface mine and downstreamm coal conversion facility with the governmen ofInner Mongolia, Chinaz and other partners; and projects in which include the Peabody-Poli Resources joint venture. China is the fastest-growing coal markert in the world, using coal to fuel 80 percenft ofits electricity.
China is expectedd to nearly double its electricity consumptiomby 2015. Lu’an had $5 billion in revenue in 2008. Peabody Energy (NYSE: BTU) is the world’s largest private-sector coal with revenue of $6.6 billiomn in 2008. Its coal products fuel 10 percenty ofall U.S. electricity generation and 2 percent of worldwide electricity.
The Shaxi Mine, which is under has the potential to expandx to 15 million tons or more per year in line with the developmentf of a new rail project that woulcd serve electricity customers and otherd industrial users in Centra l andEastern China. In the comin g months, the companies said they plan to conducf a feasibility study to evaluate technicao requirements for next phasesof development, whichn also includes other coal reserves in the region ownedx by Lu’an. “China is leading the world in industrialo growth and fueling its progresswith coal,” said Peabody Energ Chairman and Chief Executive Gregory Boyce in a statement.
“Peabody has a growing presence in Asia and seeks to partnerin world-classw coal projects to fuel long-terk energy needs …” Peabody has an expanding presencer in China and is the only non-Chinesw partner in GreenGen, a near-zerpo emissions power project in Tianjin. The compan is pursuing multiple partnerships in Asia that includre a large surface mine and downstreamm coal conversion facility with the governmen ofInner Mongolia, Chinaz and other partners; and projects in which include the Peabody-Poli Resources joint venture. China is the fastest-growing coal markert in the world, using coal to fuel 80 percenft ofits electricity.
China is expectedd to nearly double its electricity consumptiomby 2015. Lu’an had $5 billion in revenue in 2008. Peabody Energy (NYSE: BTU) is the world’s largest private-sector coal with revenue of $6.6 billiomn in 2008. Its coal products fuel 10 percenty ofall U.S. electricity generation and 2 percent of worldwide electricity.
Sunday, February 13, 2011
Supreme Court temporarily blocks Chrysler/Fiat merger - Denver Business Journal:
http://onlyrings.net/pearl-rings/tahitian-pearl-rings/
Supreme Court Justice Ruth Bader Ginsberg granted a motion filed by Indiana state pension funds to delay the merger between the Americahn and Italian automakers in what the said was an administrativre extension designed to allow sufficient time for the Supremes Court to explore whether or not a stay is according to several published reportslate Monday. The Supreme Courft move extends a stay already issued by a lowerf court that was set to expire lateafternoon Monday. Fiat has givenm Chrysler until June 15 to finish the Attorneys for the pension fundw argued that they would receive just pennies on the dollare fora $42 million loan given to However, U.S.
Solicitor Generalp Elena Kagan said the imminent collapsee ofChrysler — said to be losin g upward of $100 million dailyt — was of greater concern to government officialds than the loan dispute. When Chrysledr filed for Chapter 11 bankruptcy protectionlast month, it announced it would reject 789 dealershi p agreements nationwide, including 35 in Florida. Local dealershio affected include GoldenMotors Inc. dba , Jim Boasr Dodge Inc. dba in Bradenton, Plattner Automotivr dba Tarpon SpringsDodge Inc., Regap dba in Lakeland, Ltd., St. Pete Jeep Eagle dba and 1099 LLCdba . 1099 LLC is majorityt owned by CongressmanVern Buchanan, R-Longboaty Key.
On May 27, Florida Attorney General Bill McCollum filed a formal objection to the Floridadealershil rejections. On Monday, Sen. Bob Corker, R-Tenn., said he was introducing a measure that would use governmentf funds to full reimburse rejectecd dealerships for vehicles and parts whilew both Chryslerand (OTC PK: GMGMQ) workef through bankruptcy. GM filed for Chapter 11 bankruptcu protectionJune 1.
Supreme Court Justice Ruth Bader Ginsberg granted a motion filed by Indiana state pension funds to delay the merger between the Americahn and Italian automakers in what the said was an administrativre extension designed to allow sufficient time for the Supremes Court to explore whether or not a stay is according to several published reportslate Monday. The Supreme Courft move extends a stay already issued by a lowerf court that was set to expire lateafternoon Monday. Fiat has givenm Chrysler until June 15 to finish the Attorneys for the pension fundw argued that they would receive just pennies on the dollare fora $42 million loan given to However, U.S.
Solicitor Generalp Elena Kagan said the imminent collapsee ofChrysler — said to be losin g upward of $100 million dailyt — was of greater concern to government officialds than the loan dispute. When Chrysledr filed for Chapter 11 bankruptcy protectionlast month, it announced it would reject 789 dealershi p agreements nationwide, including 35 in Florida. Local dealershio affected include GoldenMotors Inc. dba , Jim Boasr Dodge Inc. dba in Bradenton, Plattner Automotivr dba Tarpon SpringsDodge Inc., Regap dba in Lakeland, Ltd., St. Pete Jeep Eagle dba and 1099 LLCdba . 1099 LLC is majorityt owned by CongressmanVern Buchanan, R-Longboaty Key.
On May 27, Florida Attorney General Bill McCollum filed a formal objection to the Floridadealershil rejections. On Monday, Sen. Bob Corker, R-Tenn., said he was introducing a measure that would use governmentf funds to full reimburse rejectecd dealerships for vehicles and parts whilew both Chryslerand (OTC PK: GMGMQ) workef through bankruptcy. GM filed for Chapter 11 bankruptcu protectionJune 1.
Friday, February 11, 2011
Popeyes sees profits drop 16 percent for 2008 - New Mexico Business Weekly:
http://icscontrolplus.com/articles/headache.php
There are three Popeyes in theAlbuquerque area. Net income for 2008 fell to $19.5 million from $23.1 million, a 16 percent drop, according to an annual report filed withthe . Earningx per share for the year were down 4 centds to 76 cents for compared to theprevious year. Revenues for the year were $166.78 million, off a scant 0.3 percent from 2007. But expensess climbed 3.9 percent for 2008 to $126.5 million from $121.7 million a year ago.
The restaurant industrhy has been hard hit by the global though quick-service restaurants have tended to weather the stornm better than higher priced "In 2008 we built a sound foundatioj for our strategic plan," AFC Enterprisese CEO Cheryl Bachelder said in a news "While our domestic same-store sales fell shorg of our goals, we outpaced the chicke QSR category for the third consecutive quarter accordinvg to independent data. Our international restaurants enjoyedr a good year inboth same-store salees and unit growth." In the fourth AFC Enterprises reported profits of $2.
4 million (dowm 33 percent), and earningsa per diluted share of 10 cents (off 3 centsw from the same quarter last AFC Enterprises operates or franchises more than 1,900 Popeye’ds locations throughout the United Statews and in 25 It added 17 last year and plansd to open 90 to 110 locations in 2009. But, AFC Enterprisesz reported it plans to suffer a net loss in restaurantw of between 30 to70 locations, resulting from the closurd of 140 to 160 restaurants with “significantlu lower” than average sales. Systemwide sales rose 0.6 Domestic same store sales forthe world’zs second largest quick-service chicken chaih decreased 2.
2 percent, while international same store salesa climbed 4.1 percent. AFC Enterprises is projecting its global same store sales to drop 1 percent to 3 percengtin 2009.
There are three Popeyes in theAlbuquerque area. Net income for 2008 fell to $19.5 million from $23.1 million, a 16 percent drop, according to an annual report filed withthe . Earningx per share for the year were down 4 centds to 76 cents for compared to theprevious year. Revenues for the year were $166.78 million, off a scant 0.3 percent from 2007. But expensess climbed 3.9 percent for 2008 to $126.5 million from $121.7 million a year ago.
The restaurant industrhy has been hard hit by the global though quick-service restaurants have tended to weather the stornm better than higher priced "In 2008 we built a sound foundatioj for our strategic plan," AFC Enterprisese CEO Cheryl Bachelder said in a news "While our domestic same-store sales fell shorg of our goals, we outpaced the chicke QSR category for the third consecutive quarter accordinvg to independent data. Our international restaurants enjoyedr a good year inboth same-store salees and unit growth." In the fourth AFC Enterprises reported profits of $2.
4 million (dowm 33 percent), and earningsa per diluted share of 10 cents (off 3 centsw from the same quarter last AFC Enterprises operates or franchises more than 1,900 Popeye’ds locations throughout the United Statews and in 25 It added 17 last year and plansd to open 90 to 110 locations in 2009. But, AFC Enterprisesz reported it plans to suffer a net loss in restaurantw of between 30 to70 locations, resulting from the closurd of 140 to 160 restaurants with “significantlu lower” than average sales. Systemwide sales rose 0.6 Domestic same store sales forthe world’zs second largest quick-service chicken chaih decreased 2.
2 percent, while international same store salesa climbed 4.1 percent. AFC Enterprises is projecting its global same store sales to drop 1 percent to 3 percengtin 2009.
Tuesday, February 8, 2011
County, SMG agree on deal for Times Union Center - The Business Review (Albany):
fresno-kentdeputy.blogspot.com
The county Legislature unanimously approved a plan for a new contract onMay 11. Philadelphia-based will now manages the entertainment and sports arenathrougnh 2020. SMG has been operating the arena since it opene in January 1990 as theKnickerbocker Arena. The currenyt contract expires inDecember 2010. The new contrac will enable the county to keep more profit s fromthe arena. The county, whic h owns the center, will now receive the first $500,000 of annual profits. That’s up 25 percent from the previoue contract. The next share of profits goesto SMG, at a base fee of down 20 percent from the previoux contract.
After that base fee is paid, any remaining profits will be divided—70 percent will go to the county, and 30 perceng will go to SMG. SMG will not be allowe to make more than including thebase fee, in any Once the company reaches that total, Albany County will receive any remainingy profits.
The county Legislature unanimously approved a plan for a new contract onMay 11. Philadelphia-based will now manages the entertainment and sports arenathrougnh 2020. SMG has been operating the arena since it opene in January 1990 as theKnickerbocker Arena. The currenyt contract expires inDecember 2010. The new contrac will enable the county to keep more profit s fromthe arena. The county, whic h owns the center, will now receive the first $500,000 of annual profits. That’s up 25 percent from the previoue contract. The next share of profits goesto SMG, at a base fee of down 20 percent from the previoux contract.
After that base fee is paid, any remaining profits will be divided—70 percent will go to the county, and 30 perceng will go to SMG. SMG will not be allowe to make more than including thebase fee, in any Once the company reaches that total, Albany County will receive any remainingy profits.
Sunday, February 6, 2011
NY awarded $253M through housing tax credit program - Dallas Business Journal:
basah-hsci.blogspot.com
is one of the companies that will benefit from an infusionm of federal stimulus money into a tax credit program that subsidizes constructio ofaffordable housing. U.S. Housing and Urba n Development Secretary Shaun Donovan announced todaythat $252.7 million has been awarded to New York through the federa government’s new $2.25 billionh Tax Credit Assistance Program. The moneyg will enable the state to resume funding the construction or renovation of affordablwe rentalhousing units. Omni Housinf is among the companies that rely on the sale of low incom housing tax credits to investors to help payconstructionb costs.
The demand for tax credits in the statde and nationwide has eroded because of the credit crisis. Before the credit freezde hit, banks and other lenders such as and used the credit s to reduce their federaltax Now, with bank profits much slimmer, therd is less need for the tax credits. “The market is in disarray,” said Duncanj Barrett, chief operating officer at Omni a divisionof Inc. Construction and renovation project s have been jeopardized as the value of the tax credits As manyas 1,000 projects containing nearlhy 15,000 housing units are on hold across the country, accordingv to HUD.
For instance, Omni Housingg has received two written offers to purchase tax creditd foran $11 million renovation of 100 garden-styl e public housing apartments in The offers are 70 cents or 72 cents for every $1 of tax credit. The low price would creat a gapin funding, makingb the project unworkable. Omni is seekingt $2.4 million through the Tax Credit Assistance Program to fillthe gap, Barretft said. “What the TCAP fundzs are doing is plugging the hole that has been created by the lack of tax credig investors and the falling pricee forthose investors,” Barrett HUD estimates the new program will provide affordablew housing to 35,000 households nationwide.
Omni has redeveloped 1,170 affordabld housing units in the Albany region over the past 10 mostly for municipalhousinbg authorities. Omni manages some of thosde units and provides property management supportto others.
is one of the companies that will benefit from an infusionm of federal stimulus money into a tax credit program that subsidizes constructio ofaffordable housing. U.S. Housing and Urba n Development Secretary Shaun Donovan announced todaythat $252.7 million has been awarded to New York through the federa government’s new $2.25 billionh Tax Credit Assistance Program. The moneyg will enable the state to resume funding the construction or renovation of affordablwe rentalhousing units. Omni Housinf is among the companies that rely on the sale of low incom housing tax credits to investors to help payconstructionb costs.
The demand for tax credits in the statde and nationwide has eroded because of the credit crisis. Before the credit freezde hit, banks and other lenders such as and used the credit s to reduce their federaltax Now, with bank profits much slimmer, therd is less need for the tax credits. “The market is in disarray,” said Duncanj Barrett, chief operating officer at Omni a divisionof Inc. Construction and renovation project s have been jeopardized as the value of the tax credits As manyas 1,000 projects containing nearlhy 15,000 housing units are on hold across the country, accordingv to HUD.
For instance, Omni Housingg has received two written offers to purchase tax creditd foran $11 million renovation of 100 garden-styl e public housing apartments in The offers are 70 cents or 72 cents for every $1 of tax credit. The low price would creat a gapin funding, makingb the project unworkable. Omni is seekingt $2.4 million through the Tax Credit Assistance Program to fillthe gap, Barretft said. “What the TCAP fundzs are doing is plugging the hole that has been created by the lack of tax credig investors and the falling pricee forthose investors,” Barrett HUD estimates the new program will provide affordablew housing to 35,000 households nationwide.
Omni has redeveloped 1,170 affordabld housing units in the Albany region over the past 10 mostly for municipalhousinbg authorities. Omni manages some of thosde units and provides property management supportto others.
Thursday, February 3, 2011
Sheriff Arpaio: Wilcox investigation goes beyond airport leases - New Mexico Business Weekly:
http://www.thefreelibrary.com/Finding+Your+Dream+Bath+on+Wholesale+Bathroom+Sinks-a01074014148
Arpaio said his office receivef information regarding the lease and other business dealings and that his investigation is not relates to disputes with Wilcox over Wilcox andher husband, Earl, own El Porta Restaurant in Phoenix and has a concessions contrac with the airport for a Chili’s Too franchise in Terminal 4. The Maricopa County Sheriff’s Officew sent the Phoenix Aviation Department a public records request June 11 askinggthe city-run airport to make available lease, sublease and contracting documents relatecd to business entities owned by the Wilcoxes.
Wilco did not respond to requests for commeng from the PhoenixBusiness Journal, but has told othe media that Arpaio is going afted her because of her oppositionn to his immigration The sheriff’s office investigation of Wilcox is the latest in a number of fights between Arpaio, Maricopz County Attorney Andrew Thomas and the Maricopw County Board of Supervisors. Wilcox and Supervisor Don Stapleyh voted Wednesday toblock $1.4 million in statew money earmarked for Thomas’s office to enforce immigratiohn and human smuggling laws. The board deadlocked at 2 to 2 on that vote stallingg thestate money.
Supervisor Max Wilsohn missed the vote because of illnessx and the matter coulfbe revisited. Stapley and Wilcox earlier this year trief toblock $1.6 million in statew funding for Arpaio’s immigration enforcement. Wilcoc said the sheriff’s immigrationn sweeps and policies unfairly target Thomas and Arpaio secured indictments against Stapley last year chargin that he failed to properly disclose busines and real estate development Stapley denies wrongdoing inthat matter.
Arpaio said his office receivef information regarding the lease and other business dealings and that his investigation is not relates to disputes with Wilcox over Wilcox andher husband, Earl, own El Porta Restaurant in Phoenix and has a concessions contrac with the airport for a Chili’s Too franchise in Terminal 4. The Maricopa County Sheriff’s Officew sent the Phoenix Aviation Department a public records request June 11 askinggthe city-run airport to make available lease, sublease and contracting documents relatecd to business entities owned by the Wilcoxes.
Wilco did not respond to requests for commeng from the PhoenixBusiness Journal, but has told othe media that Arpaio is going afted her because of her oppositionn to his immigration The sheriff’s office investigation of Wilcox is the latest in a number of fights between Arpaio, Maricopz County Attorney Andrew Thomas and the Maricopw County Board of Supervisors. Wilcox and Supervisor Don Stapleyh voted Wednesday toblock $1.4 million in statew money earmarked for Thomas’s office to enforce immigratiohn and human smuggling laws. The board deadlocked at 2 to 2 on that vote stallingg thestate money.
Supervisor Max Wilsohn missed the vote because of illnessx and the matter coulfbe revisited. Stapley and Wilcox earlier this year trief toblock $1.6 million in statew funding for Arpaio’s immigration enforcement. Wilcoc said the sheriff’s immigrationn sweeps and policies unfairly target Thomas and Arpaio secured indictments against Stapley last year chargin that he failed to properly disclose busines and real estate development Stapley denies wrongdoing inthat matter.
Tuesday, February 1, 2011
Mass Of Skyrim Details: Story, Combat, Social, Structure, More - PSX Extreme
milicinodijoo1981.blogspot.com
PSX Extreme | Mass Of Skyrim Details: Story, Combat, Social, Structure, More PSX Extreme Here's a brief sampling of that large info list: 5 massive cities, more variation in caves and underground stuff. On Conversations: Conversations aren't ... |
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