Wis. budget committee repeals prison early release program The Republic The program allows well-behaved inmates to move onto extended supervision sooner as a means of alleviating prison crowding and to save money. About 500 inmates have been released through the program between October 2009 and March. ... |
Tuesday, May 31, 2011
Wis. budget committee repeals prison early release program - The Republic
husolumiz.wordpress.com
Sunday, May 29, 2011
QEP loses $8.3M, gets loan forbearance - South Florida Business Journal:
pabigy.wordpress.com
Chairman and CEO Lewis Gould said inthe company’sx third quarter SEC filing that QEP was takingy significant actions to reduce expenses and adjusf its operating plans. The company is tryingt to cut costs and conserve cash by cutting its workforcd andemployee hours, and tighteninh purchasing and inventory, Gould said in the Jan. 23 The Boca Raton-based marketer and distributorof 3,0009 flooring tools and accessories ran into a collapsinyg construction market, dwindling market demand and liquidity problems. QEP QEPC) had a loss of $8.4 million, or $2.487 a share, on revenue of $48.6 milliohn for the quarter ended Nov. 30.
For the prior-year it reported a profity of $794,000, or 22 cents a share, on revenue of $54.y6 million. For the first nine months of fiscal 2009, the compant had a loss of $6.3 or $1.86 per on revenue of $162.5 million. For the firstr nine months of fiscal 2008, it had a profi of $1.7 million, or 47 cents a share, on revenued of $168.8 million. Much of the third quarter’zs declared loss was a goodwilk write-down of $7.9 million, leaving a goodwill balance sheef asset ofjust $839,000 for QEP’s Canadiajn business segment. As of Nov.
30, the company said it had breache d its financial covenants as a result ofthe quarter’s loss and was in defaulty under its domestic credit facilities and Canadiaj mortgage. and entered into a forbearance agreement with QEP for continuance of the defaulyt untilMarch 16. Its main creditr revolver was cutfrom $35 million to $30 million, and the interesrt rates were raised on virtually all its domestic and foreignh credit lines, most of whicy were near their maximum draws. Shares of QEP closed down 25 centdto $1.70. The 52-week high was $10 on Feb. 15. The stocjk reached a new 52-week low – $1.69 – in Tuesday trading.
Chairman and CEO Lewis Gould said inthe company’sx third quarter SEC filing that QEP was takingy significant actions to reduce expenses and adjusf its operating plans. The company is tryingt to cut costs and conserve cash by cutting its workforcd andemployee hours, and tighteninh purchasing and inventory, Gould said in the Jan. 23 The Boca Raton-based marketer and distributorof 3,0009 flooring tools and accessories ran into a collapsinyg construction market, dwindling market demand and liquidity problems. QEP QEPC) had a loss of $8.4 million, or $2.487 a share, on revenue of $48.6 milliohn for the quarter ended Nov. 30.
For the prior-year it reported a profity of $794,000, or 22 cents a share, on revenue of $54.y6 million. For the first nine months of fiscal 2009, the compant had a loss of $6.3 or $1.86 per on revenue of $162.5 million. For the firstr nine months of fiscal 2008, it had a profi of $1.7 million, or 47 cents a share, on revenued of $168.8 million. Much of the third quarter’zs declared loss was a goodwilk write-down of $7.9 million, leaving a goodwill balance sheef asset ofjust $839,000 for QEP’s Canadiajn business segment. As of Nov.
30, the company said it had breache d its financial covenants as a result ofthe quarter’s loss and was in defaulty under its domestic credit facilities and Canadiaj mortgage. and entered into a forbearance agreement with QEP for continuance of the defaulyt untilMarch 16. Its main creditr revolver was cutfrom $35 million to $30 million, and the interesrt rates were raised on virtually all its domestic and foreignh credit lines, most of whicy were near their maximum draws. Shares of QEP closed down 25 centdto $1.70. The 52-week high was $10 on Feb. 15. The stocjk reached a new 52-week low – $1.69 – in Tuesday trading.
Friday, May 27, 2011
Ivy Tech schedules hearing on tuition - Business Courier of Cincinnati:
inokyfyli.blogspot.com
in the fourth floor auditorium of the Northb Meridian Center atIvy Tech’s downtownj Indianapolis campus. The campusx is located 50 W. Fall Creek Parkway Northu Drive. The 2008-09 in-state student tuitiojn rate is $95 per credit hour with a $40 per-semesteer technology fee. The proposed rates are $99.654 per credit hour with a $50 per-semester technolog fee for the 2009-10 year and $104.55 per credirt hour and $60 per-semestetr technology fee for the 2010-11 year. The cost for full-time who take 15 credit hours, would increas e by $79.75 per semester in 2009-10 and by $83.509 in 2010-11.
Indiana residents who want to address the committedebut can’t are encouraged to send written commentd to Bob Holmes, vice president for financr and treasurer of the college, at bholmes@ivytech.eduh or mailed to him at the Ivy Tech Communityh College, 50 W. Fall Creeok Parkway North Drive, Ind., 46208. Ivy Tech, the state’s community colleg system, operates 23 campuses in Indiana, includintg a Southern Indiana campusin
in the fourth floor auditorium of the Northb Meridian Center atIvy Tech’s downtownj Indianapolis campus. The campusx is located 50 W. Fall Creek Parkway Northu Drive. The 2008-09 in-state student tuitiojn rate is $95 per credit hour with a $40 per-semesteer technology fee. The proposed rates are $99.654 per credit hour with a $50 per-semester technolog fee for the 2009-10 year and $104.55 per credirt hour and $60 per-semestetr technology fee for the 2010-11 year. The cost for full-time who take 15 credit hours, would increas e by $79.75 per semester in 2009-10 and by $83.509 in 2010-11.
Indiana residents who want to address the committedebut can’t are encouraged to send written commentd to Bob Holmes, vice president for financr and treasurer of the college, at bholmes@ivytech.eduh or mailed to him at the Ivy Tech Communityh College, 50 W. Fall Creeok Parkway North Drive, Ind., 46208. Ivy Tech, the state’s community colleg system, operates 23 campuses in Indiana, includintg a Southern Indiana campusin
Tuesday, May 24, 2011
Bankruptcy could lead to more General Motors dealership cuts - Dayton Business Journal:
cement house siding
GM (NYSE: GM) said that its offer to bondholderas totrade $27.2 billion of unsecuredc debt for company stock failed to satisf the debt-reduction requirement in its loan agreements with the . The Detroigt automaker confirmed that the principal amount of notesa tendered was substantially less than the amounfGM required. The offe r to bondholders expiredat 11:59 p.m. EDT Tuesday. The company’sd board will meet to discuss thenext step, which many analysts expect to result in a bankruptcy The federal government alreadg has loaned GM more than $19 billion.
GM dealers who thought they had months to wind down their businessex after being told the automaker plansd to drop them could face much speedier shutdowns if GM seekxbankruptcy protection, experts say. GM told some 1,100 dealeras two weeks ago they won’t have their franchiswe agreements renewed after they expiresin 2010. Other dealers who believed they escapeed the initial purge could be back at risk as experts say. Under Chapter 11 the bankruptcy court mightorder GM's dealer network trimmex even further.
GM (NYSE: GM) said that its offer to bondholderas totrade $27.2 billion of unsecuredc debt for company stock failed to satisf the debt-reduction requirement in its loan agreements with the . The Detroigt automaker confirmed that the principal amount of notesa tendered was substantially less than the amounfGM required. The offe r to bondholders expiredat 11:59 p.m. EDT Tuesday. The company’sd board will meet to discuss thenext step, which many analysts expect to result in a bankruptcy The federal government alreadg has loaned GM more than $19 billion.
GM dealers who thought they had months to wind down their businessex after being told the automaker plansd to drop them could face much speedier shutdowns if GM seekxbankruptcy protection, experts say. GM told some 1,100 dealeras two weeks ago they won’t have their franchiswe agreements renewed after they expiresin 2010. Other dealers who believed they escapeed the initial purge could be back at risk as experts say. Under Chapter 11 the bankruptcy court mightorder GM's dealer network trimmex even further.
Sunday, May 22, 2011
Leaked cable: Gulf states 'funded extremism' - Aljazeera.net
vinyl siding
The Associated Press | Leaked cable: Gulf states 'funded extremism' Aljazeera.net Donors in Saudi Arabia and the United Arab Emirates are estimated to have been sending up to $100 million annu » |
Friday, May 20, 2011
Improving cash flow, maintaining solid banking relationship can ease refinancing - Kansas City Business Journal:
ivyhofy.wordpress.com
“Right now, the credift markets are so tight that it can be difficultr to get any type of financing unles s your company is verysound financially,” said Bob owner of . “Refinancing is historically a tougher route to go than new A lot of tough questionzscome up. What happened at your othere bank that you want torefinancr here?” Koester said it’s imperative in a tighrt market to generate as much cash flow as possibl before going to the bank. “Thart means if accounts receivable arerunningb slow, you need to be a better for example,” Koester “Improving your cash position can help you avoid having to wander around town lookinyg for credit.
” Grant CEO of , said business ownerse also should make sure their personal credit is cleaned up beforee going to the bank. “That usuallyt speaks to how you pay your businessedebts also,” Burcham said. “We also look at the specifi transaction requested and how the cash will flowfrom it. can you afford it?” Burcham said the bank wants to know how leverageds thecompany is, its historic growtg and profitability, and anything else that helpsd determine whether it is a viabler business. How much money the ownefr is willing to personally fronft often determinesloan size.
Bill Ferguson, executivee vice president of retail and small business lendingb at inKansas City, said he woulrd categorize the cost of refinancing righrt now as moderate. He said that most banks are lookingg at raising interest rates right now but that because of the way loansd are set up in terms of length and size of the overall cost through time willremaihn similar. Ferguson said having very solid collateral is importantrightf now. “It certainly makes your financing optiona a lot better and easier to Ferguson said.
“Having some solix projections, as well, gives the indication that a business will continue to perform well and can handle payment of the new Ferguson said businessowners shouldn’ty be afraid of loans, despite the paperwork involves and the hoops to jump through. “z preferred lender can help with a lot ofthose hoops,” Ferguson said. “An SBA loan will also help increase the term of your and that helps improve cash Sometimes it’s the best financing available.
” Pat Trysla, managinh director of , recommended creating a checklist that goes over existingf loan covenants and measures how a company is He said that helps show the bank the business ownerf is aware of obligations and wantse to be proactive with banking relationships. “If you’re getting along with your lender, you should try to give them all the businessx thatyou have,” Trysla “If you’ve got some noncredit like processing or letters of credit, you let them earn fees on that so you can continu to gain favor with them.” Trysla said the more a bank does business with a company and understands it, the more likel y the bank is to help out.
Burcham of Missour i Bank & Trust agreed, saying that the success of a banker-client relationshi boils down to trust. “Whethee there are troubles or goodthings ahead, we want to Burcham said. “If we have a customet who has banked here for 20 yearsd and falls onhard times, chances are we’rew going to help them through it because we know the peoplse well.” Mike O’Malley of business brokerss O’Keefe & O’Malley Inc. said he tellx business owners that the best time to get a line of creditg is whenthey don’t need it. That way when timez are tough and capitalis needed, they’ve alreadyu proved themselves trustworthy.
“So if you’re proactive on it and something happenws toyour business, like you lose a majot customer, you already have access to the capitapl necessary for the business while you sort things
“Right now, the credift markets are so tight that it can be difficultr to get any type of financing unles s your company is verysound financially,” said Bob owner of . “Refinancing is historically a tougher route to go than new A lot of tough questionzscome up. What happened at your othere bank that you want torefinancr here?” Koester said it’s imperative in a tighrt market to generate as much cash flow as possibl before going to the bank. “Thart means if accounts receivable arerunningb slow, you need to be a better for example,” Koester “Improving your cash position can help you avoid having to wander around town lookinyg for credit.
” Grant CEO of , said business ownerse also should make sure their personal credit is cleaned up beforee going to the bank. “That usuallyt speaks to how you pay your businessedebts also,” Burcham said. “We also look at the specifi transaction requested and how the cash will flowfrom it. can you afford it?” Burcham said the bank wants to know how leverageds thecompany is, its historic growtg and profitability, and anything else that helpsd determine whether it is a viabler business. How much money the ownefr is willing to personally fronft often determinesloan size.
Bill Ferguson, executivee vice president of retail and small business lendingb at inKansas City, said he woulrd categorize the cost of refinancing righrt now as moderate. He said that most banks are lookingg at raising interest rates right now but that because of the way loansd are set up in terms of length and size of the overall cost through time willremaihn similar. Ferguson said having very solid collateral is importantrightf now. “It certainly makes your financing optiona a lot better and easier to Ferguson said.
“Having some solix projections, as well, gives the indication that a business will continue to perform well and can handle payment of the new Ferguson said businessowners shouldn’ty be afraid of loans, despite the paperwork involves and the hoops to jump through. “z preferred lender can help with a lot ofthose hoops,” Ferguson said. “An SBA loan will also help increase the term of your and that helps improve cash Sometimes it’s the best financing available.
” Pat Trysla, managinh director of , recommended creating a checklist that goes over existingf loan covenants and measures how a company is He said that helps show the bank the business ownerf is aware of obligations and wantse to be proactive with banking relationships. “If you’re getting along with your lender, you should try to give them all the businessx thatyou have,” Trysla “If you’ve got some noncredit like processing or letters of credit, you let them earn fees on that so you can continu to gain favor with them.” Trysla said the more a bank does business with a company and understands it, the more likel y the bank is to help out.
Burcham of Missour i Bank & Trust agreed, saying that the success of a banker-client relationshi boils down to trust. “Whethee there are troubles or goodthings ahead, we want to Burcham said. “If we have a customet who has banked here for 20 yearsd and falls onhard times, chances are we’rew going to help them through it because we know the peoplse well.” Mike O’Malley of business brokerss O’Keefe & O’Malley Inc. said he tellx business owners that the best time to get a line of creditg is whenthey don’t need it. That way when timez are tough and capitalis needed, they’ve alreadyu proved themselves trustworthy.
“So if you’re proactive on it and something happenws toyour business, like you lose a majot customer, you already have access to the capitapl necessary for the business while you sort things
Wednesday, May 18, 2011
Electrical explosion jolts Westwood - Los Angeles Times
qiguzewy.wordpress.com
LAist | Electrical explosion jolts Westwood Los Angeles Times The blast at an underground transformer vault near UCLA sends up flames and smoke and propels a manhole cover into the back of a Metro bus. No passengers are injured. A Metro inspector looks through the window of the bus damaged in the explosion. ... Westwood electrical explosion injures bus driver Flying Manhole Cover In Westwood Sends Metro Driver To The Hospital ... Electrical explosion in Westwood Village causes scare, damage to property and ... |
Sunday, May 15, 2011
Atlas Pipeline and Williams launch Marcellus Shale venture - The Business Journal of the Greater Triad Area:
belyaevostapuki.blogspot.com
The two companies LLC, on April 1 . Atlas Energh Resources LLC (NYSE:ATN), an affiliate of Atlas Pipelinee Partners, will be the anchor tenantg onLaurel Mountain’s system. Undetr its agreement with Okla.-based Williams (NYSE:WMB), Atlas Pipelinr Partners (NYSE:APL) will receive $90 millioh in cash, a preferred right to proceeds undetra $25.5 million obligation from Williams, and 49 perceny of Laurel Mountain. The obligation amortizes in equa l principal installments overthree years.
Atlas Pipeline Partners can convert its righgt to receive accrued principal and interesg under the obligation into a sum equal to the accrued principal and interesrt and use that to cover its required capital expenditureas underthe joint-venture agreement. Atlas Pipeline Partners also said its lendersd recently agreed to relax the covenants relatinbg to total debt and earningsbefore taxes, depreciation and amortization on its $380 millionh revolving credit line and $463 million term loan facility.
, which owns the general partnee of AtlasPipeline Partners, said Monday it has repaixd $30 million on its credirt facility and will pay down the remaininbg $16 million balance in equal quarterly installments over the next Atlas Pipeline Holdings (NYSE:AHD) got the $30 million it used to pay down the facilitt by issuing $15 million of preferred limited partner units to Atlaxs Pipeline Partners and by borrowing $15 million from Atlasz America Inc., which owns Atlas Pipeliner Holdings’ general partner and 64 percent of its commonm units. Atlas America (NASDAQ:ATLS) also guaranteed that Atlae Pipeline Holdings will repay theremaining $16 millionb on its credit facility.
The Atlasw companies have offices in Philadelphiaand Moon, Pa.
The two companies LLC, on April 1 . Atlas Energh Resources LLC (NYSE:ATN), an affiliate of Atlas Pipelinee Partners, will be the anchor tenantg onLaurel Mountain’s system. Undetr its agreement with Okla.-based Williams (NYSE:WMB), Atlas Pipelinr Partners (NYSE:APL) will receive $90 millioh in cash, a preferred right to proceeds undetra $25.5 million obligation from Williams, and 49 perceny of Laurel Mountain. The obligation amortizes in equa l principal installments overthree years.
Atlas Pipeline Partners can convert its righgt to receive accrued principal and interesg under the obligation into a sum equal to the accrued principal and interesrt and use that to cover its required capital expenditureas underthe joint-venture agreement. Atlas Pipeline Partners also said its lendersd recently agreed to relax the covenants relatinbg to total debt and earningsbefore taxes, depreciation and amortization on its $380 millionh revolving credit line and $463 million term loan facility.
, which owns the general partnee of AtlasPipeline Partners, said Monday it has repaixd $30 million on its credirt facility and will pay down the remaininbg $16 million balance in equal quarterly installments over the next Atlas Pipeline Holdings (NYSE:AHD) got the $30 million it used to pay down the facilitt by issuing $15 million of preferred limited partner units to Atlaxs Pipeline Partners and by borrowing $15 million from Atlasz America Inc., which owns Atlas Pipeliner Holdings’ general partner and 64 percent of its commonm units. Atlas America (NASDAQ:ATLS) also guaranteed that Atlae Pipeline Holdings will repay theremaining $16 millionb on its credit facility.
The Atlasw companies have offices in Philadelphiaand Moon, Pa.
Friday, May 13, 2011
Georgia family biz winners named - Atlanta Business Chronicle:
http://www.knittingdaily.com/members/Kozanostra/default.aspx
J&J/Invision of Dalton, a commercial carpe t manufacturer, is the winner. It is a familuy business with multiple familiees involved in ownership and operation since its beginningtin 1957. Finalists were Bennett Internationap Group of McDonough and Butle Automotive Group of Macon TurnerrFurniture Co. in a fourth-generation retail furniture chain with seven storesin Albany, Moultrie and Valdosta, is the winner. Finalists were N.A. Williamss of Atlanta and Traton Homesof Marietta. The winner is Acre Oil Co. of Toccoa, a wholesale petroleum-productsd company with three generations currently Finalists were Jones Wynn Funeral Home of Douglasville and Orkin Associatesof Milton.
“Since 1991, the Cox Family Enterprise Center has honored the bestin Georgia-based familyu businesses,” said Joe Astrachan, executive director of the Cox Familyg Enterprise Center. “We are proud to once again have a great group of winners and finalists who have withstood the test of have flourished due to strong values and savvybusiness sense, and who are community leadersx and innovators.” The 18th annuapl awards dinner will be held May 28 at the Renaissanc Waverly Hotel in Atlanta.
J&J/Invision of Dalton, a commercial carpe t manufacturer, is the winner. It is a familuy business with multiple familiees involved in ownership and operation since its beginningtin 1957. Finalists were Bennett Internationap Group of McDonough and Butle Automotive Group of Macon TurnerrFurniture Co. in a fourth-generation retail furniture chain with seven storesin Albany, Moultrie and Valdosta, is the winner. Finalists were N.A. Williamss of Atlanta and Traton Homesof Marietta. The winner is Acre Oil Co. of Toccoa, a wholesale petroleum-productsd company with three generations currently Finalists were Jones Wynn Funeral Home of Douglasville and Orkin Associatesof Milton.
“Since 1991, the Cox Family Enterprise Center has honored the bestin Georgia-based familyu businesses,” said Joe Astrachan, executive director of the Cox Familyg Enterprise Center. “We are proud to once again have a great group of winners and finalists who have withstood the test of have flourished due to strong values and savvybusiness sense, and who are community leadersx and innovators.” The 18th annuapl awards dinner will be held May 28 at the Renaissanc Waverly Hotel in Atlanta.
Wednesday, May 11, 2011
Commerical Alliance lands One Commerce Square - Memphis Business Journal:
hundleyobajoji1908.blogspot.com
“The owner is committed to operatinyg the building in a Class A mannedr and we have already begun the transition Commercial Alliance Management president KempConrad says. “This process will be seamless to the valuede tenants inthe building.” Memphis previouslg had the leasing and management Kevin Adams, CEO of CB Richard says his company is disappointed not to continue this but hopes the property fares well. “We hope it works out for them,” he Commercial Alliance Management senior vice presidenft Mark Jenkins will oversee leasing atthe 475,082-square-foot building at 40 S.
“This building is a key piece of the fabrivc of our central business districyt and we look forward to working with all of the stakeholders to retaijn tenants and accelerate leasing todrive occupancy,” Conrad says. The buildin is currently 39% occupied, followinyg , Inc.’s 170,000-square-foot leas e that expired in firstquartef 2009.
“The owner is committed to operatinyg the building in a Class A mannedr and we have already begun the transition Commercial Alliance Management president KempConrad says. “This process will be seamless to the valuede tenants inthe building.” Memphis previouslg had the leasing and management Kevin Adams, CEO of CB Richard says his company is disappointed not to continue this but hopes the property fares well. “We hope it works out for them,” he Commercial Alliance Management senior vice presidenft Mark Jenkins will oversee leasing atthe 475,082-square-foot building at 40 S.
“This building is a key piece of the fabrivc of our central business districyt and we look forward to working with all of the stakeholders to retaijn tenants and accelerate leasing todrive occupancy,” Conrad says. The buildin is currently 39% occupied, followinyg , Inc.’s 170,000-square-foot leas e that expired in firstquartef 2009.
Sunday, May 8, 2011
QinetiQ signs lease in Reston - Sacramento Business Journal:
qozadaunu.blogspot.com
As the incoming lead tenant inthe 196,000 square-foot Class A office building at 11091 Sunset Hills Road in its 11-year lease starts later this year. McLean-based QinetiQ Nortnh America, a subsidiary of London-based QinetiQw that offers technology-based defense and security products and serviced tothe government, said its 42-percentr revenue growth over its last fiscal year has partlu been due to its role in the intelligencwe and cyber security markets and new work with the Department of Homelandf Security and NASA. It will be the fifth U.S. officre for the company, which is also in Huntsville, Ala.
and Waltham, The tenant was represented by Robb Johnson andDee MacDonald-Milled of Jones Lang LaSalle. Vardell Realty Investmentxs LLC was represented byMike Shuler, Rob Walterx and Nate Krill of Millennium Realty Advisors LLC. Initially, 400 program management-typw employees be relocating from various officess in Fairfax County into theRestonh building. Down the road in 2011 or 2012, the number of employeeds at the site will doublto 800. Out of the 400 moving in, 75 will be part of QinetiQ’ds technology solutions group and the other 325 will be part of its missiojnsolutions group.
“Like any company tryingh to attract andretain high-quality people, we were looking for more than just a This building has environmentally-friendly featuresz the new generation of employees is looking said Matthew Warnock, director of public relations at He said the building will also help cut down on overhead “byu a great deal,” with expectedc savings of 65 to 70 percent on power consumptionb through the use of virtualization software and gree technology to reduce heating and utility He adds that the building sits right off a bike trail and was builf on an east-to-west access, which meands employees can take advantage of a full day of sunlighr and cut down on electricity.
As the incoming lead tenant inthe 196,000 square-foot Class A office building at 11091 Sunset Hills Road in its 11-year lease starts later this year. McLean-based QinetiQ Nortnh America, a subsidiary of London-based QinetiQw that offers technology-based defense and security products and serviced tothe government, said its 42-percentr revenue growth over its last fiscal year has partlu been due to its role in the intelligencwe and cyber security markets and new work with the Department of Homelandf Security and NASA. It will be the fifth U.S. officre for the company, which is also in Huntsville, Ala.
and Waltham, The tenant was represented by Robb Johnson andDee MacDonald-Milled of Jones Lang LaSalle. Vardell Realty Investmentxs LLC was represented byMike Shuler, Rob Walterx and Nate Krill of Millennium Realty Advisors LLC. Initially, 400 program management-typw employees be relocating from various officess in Fairfax County into theRestonh building. Down the road in 2011 or 2012, the number of employeeds at the site will doublto 800. Out of the 400 moving in, 75 will be part of QinetiQ’ds technology solutions group and the other 325 will be part of its missiojnsolutions group.
“Like any company tryingh to attract andretain high-quality people, we were looking for more than just a This building has environmentally-friendly featuresz the new generation of employees is looking said Matthew Warnock, director of public relations at He said the building will also help cut down on overhead “byu a great deal,” with expectedc savings of 65 to 70 percent on power consumptionb through the use of virtualization software and gree technology to reduce heating and utility He adds that the building sits right off a bike trail and was builf on an east-to-west access, which meands employees can take advantage of a full day of sunlighr and cut down on electricity.
Friday, May 6, 2011
NACA to add more than 1,000 jobs in Charlotte - Austin Business Journal:
lehoquvuhu.wordpress.com
The hiring will begin immediately, with the nationap nonprofit hosting a job fair Friday and NACA focuses on lendingto low- and moderate-income Gov. Bev Perdue announced the expansion Thursday, with the statd giving NACA a $1 milliom grant from the One NorthCarolina Fund. It plans to invest more than $4 million here, with 1,01e jobs expected to be added over the nextfive “North Carolina remains a strong presence in the U.S. finance sector, and this is a tremendouxs opportunity forthe Charlotte-area,” Perdue said. “Ouer top-rated business climate and skilled financial-services work forcr are attractive to growingnational operations.
” NACA is headquartere d in Boston and operates more than 40 officea nationwide. It currently employs about 100 workers in Mecklenburtg County to originate and processmortgage loans. Undefr the five-year state incentive the organization plans to add 550jobs immediately. The jobs will pay an averagre annual wageof $35,982. Salaries will range up to $80,000 annually. The hiring will focus on mortgags negotiators, customer-service representatives, call-center managere and mortgage counselors. “NACA is exciterd that it’s putting more than 1,000 people to work during these tougheconomic times,” NACA Chieff Executive Bruce Marks said Thursday.
“Today’s announcementt is more than just a soundbite — we are following throughg on this investment by holding a jobs fair tomorrow to hire 550 people immediately.” Perdue said Thursday that she consulteed with former Bank of America Corp. Chairman Hugh McColl Jr. about the deal. McColl has been a longtime supporterof NACA’s work. BofA began a partnership with NACAunderf McColl’s watch in 1995 and in 2004 committed $6 billion to its lendingh program. Perdue says McColl confirmed to her that he expected NACA couldd follow through on its job commitments in severakphone conversations.
“When someone beginsa something like thisin Charlotte, it always grows,” McColl said in an interview Thursday. “They’ll come in and find this is a good place tofind (a work force). I woulds hope it would be an eruption of not justtrickle down.” The group claims it will be the largesy number of people hired immediately in one area and the largesft job commitment in the country since the mortgagr crisis began in 2007. The hiring comes as NACA embarks on a nationwidwe Save theDream Tour.
Marks says the addes jobs are crucial as NACA leads its campaign to make mortgages Hundreds of NACA staff willprovide long-termn solutions for homeowners with an unaffordable mortgage. “Charlott continues to be attractive because of ourknowledgeabls financial-services work force and we welcome NACA’x investment in North N.C. Sen. Dan Clodfelte r (D-Mecklenburg) said in a release. NACA’s Counselinh Center is in the Charlotte East office park off Albemarl Road between Central Avenue and FarmPond “Charlotte continues to be recognizefd as a leader in financial services with a talentedf and experienced labor force,” says Charlotte Chamber Chairmah Tim Belk.
“We are pleased to welcome NACA to the communit and look forward to the investmeny in jobs and presence they will bring to our East The chamber assisted NACA in its expansion effort. Charlotte East ownetr Roger Kellogg, principal of , and leasing directotr Eric Speckman have workeds closely with NACAsince 2007, when the nonprofit established a small office in the park. NACA has legallh binding agreements with all themajor lenders/serviceres to restructure the mortgages they service. The NACA agreementd cover more than 90 percent of homeowners with anunaffordablse mortgage.
The staff from the Counseling Center in Charlottre will travel nationwide to work on Save the Dream eventx where morethan 25,000 people are counseledf over four days, with thousands receivinyg affordable restructured mortgages with permanent interest rates often at 4 3 percent and 2 percent and wheres necessary the principal The organization, started in 1988, has the primaryg goal of building strong, healthy neighborhoods nationwide through affordable homeownership. NACA operations include financiak counseling, specialized mortgage servicees and a Home Save program for homeownerd with anunaffordable mortgage. NACA will host a job fair from8 a.m. to 8 p.m.
Fridayu and Saturday at its CharlotteCounselinhg Center. For more information abouft Neighborhood Assistance Corporationof America, including employmentr opportunities, go to www.naca.com.
The hiring will begin immediately, with the nationap nonprofit hosting a job fair Friday and NACA focuses on lendingto low- and moderate-income Gov. Bev Perdue announced the expansion Thursday, with the statd giving NACA a $1 milliom grant from the One NorthCarolina Fund. It plans to invest more than $4 million here, with 1,01e jobs expected to be added over the nextfive “North Carolina remains a strong presence in the U.S. finance sector, and this is a tremendouxs opportunity forthe Charlotte-area,” Perdue said. “Ouer top-rated business climate and skilled financial-services work forcr are attractive to growingnational operations.
” NACA is headquartere d in Boston and operates more than 40 officea nationwide. It currently employs about 100 workers in Mecklenburtg County to originate and processmortgage loans. Undefr the five-year state incentive the organization plans to add 550jobs immediately. The jobs will pay an averagre annual wageof $35,982. Salaries will range up to $80,000 annually. The hiring will focus on mortgags negotiators, customer-service representatives, call-center managere and mortgage counselors. “NACA is exciterd that it’s putting more than 1,000 people to work during these tougheconomic times,” NACA Chieff Executive Bruce Marks said Thursday.
“Today’s announcementt is more than just a soundbite — we are following throughg on this investment by holding a jobs fair tomorrow to hire 550 people immediately.” Perdue said Thursday that she consulteed with former Bank of America Corp. Chairman Hugh McColl Jr. about the deal. McColl has been a longtime supporterof NACA’s work. BofA began a partnership with NACAunderf McColl’s watch in 1995 and in 2004 committed $6 billion to its lendingh program. Perdue says McColl confirmed to her that he expected NACA couldd follow through on its job commitments in severakphone conversations.
“When someone beginsa something like thisin Charlotte, it always grows,” McColl said in an interview Thursday. “They’ll come in and find this is a good place tofind (a work force). I woulds hope it would be an eruption of not justtrickle down.” The group claims it will be the largesy number of people hired immediately in one area and the largesft job commitment in the country since the mortgagr crisis began in 2007. The hiring comes as NACA embarks on a nationwidwe Save theDream Tour.
Marks says the addes jobs are crucial as NACA leads its campaign to make mortgages Hundreds of NACA staff willprovide long-termn solutions for homeowners with an unaffordable mortgage. “Charlott continues to be attractive because of ourknowledgeabls financial-services work force and we welcome NACA’x investment in North N.C. Sen. Dan Clodfelte r (D-Mecklenburg) said in a release. NACA’s Counselinh Center is in the Charlotte East office park off Albemarl Road between Central Avenue and FarmPond “Charlotte continues to be recognizefd as a leader in financial services with a talentedf and experienced labor force,” says Charlotte Chamber Chairmah Tim Belk.
“We are pleased to welcome NACA to the communit and look forward to the investmeny in jobs and presence they will bring to our East The chamber assisted NACA in its expansion effort. Charlotte East ownetr Roger Kellogg, principal of , and leasing directotr Eric Speckman have workeds closely with NACAsince 2007, when the nonprofit established a small office in the park. NACA has legallh binding agreements with all themajor lenders/serviceres to restructure the mortgages they service. The NACA agreementd cover more than 90 percent of homeowners with anunaffordablse mortgage.
The staff from the Counseling Center in Charlottre will travel nationwide to work on Save the Dream eventx where morethan 25,000 people are counseledf over four days, with thousands receivinyg affordable restructured mortgages with permanent interest rates often at 4 3 percent and 2 percent and wheres necessary the principal The organization, started in 1988, has the primaryg goal of building strong, healthy neighborhoods nationwide through affordable homeownership. NACA operations include financiak counseling, specialized mortgage servicees and a Home Save program for homeownerd with anunaffordable mortgage. NACA will host a job fair from8 a.m. to 8 p.m.
Fridayu and Saturday at its CharlotteCounselinhg Center. For more information abouft Neighborhood Assistance Corporationof America, including employmentr opportunities, go to www.naca.com.
Wednesday, May 4, 2011
UnitedHealth unveils mobile clinic for
http://www.spokanecor.org/rectorarchive/rectorarchive91703.htm
The company first revealed plans to launch such a network last but held off on releasing some detail until it held a press conference in WashingtohnDC Wednesday. The “Connected Care” which UnitedHealth Group said is the firsg ofits kind, is intendedf to expand health care resource s into underserved rural and urban areas. UnitedHealth which has committed tens of millions of dollars towardcthe initiative, marked the announcement with the unveilingg of an 18-wheel Connected Care mobile clinic.
“Connectedx Care is the hous call for the 21st centuryt and is our latest innovationm providing people with greater access toquality care,” said Stephehn Hemsley, UnitedHealth Group’s CEO. The healthu provider is currently developing six Connectedr Care programs around the UnitedHealthGroup (NYSE: UNH) is based in Minn., and is the parent compan of UnitedHealthcare of Wisconsin in Wauwatosa.
(NASDAQ: CSCO) which will provide the video conferencing and othefnetwork technologies, is based in San Jose,
The company first revealed plans to launch such a network last but held off on releasing some detail until it held a press conference in WashingtohnDC Wednesday. The “Connected Care” which UnitedHealth Group said is the firsg ofits kind, is intendedf to expand health care resource s into underserved rural and urban areas. UnitedHealth which has committed tens of millions of dollars towardcthe initiative, marked the announcement with the unveilingg of an 18-wheel Connected Care mobile clinic.
“Connectedx Care is the hous call for the 21st centuryt and is our latest innovationm providing people with greater access toquality care,” said Stephehn Hemsley, UnitedHealth Group’s CEO. The healthu provider is currently developing six Connectedr Care programs around the UnitedHealthGroup (NYSE: UNH) is based in Minn., and is the parent compan of UnitedHealthcare of Wisconsin in Wauwatosa.
(NASDAQ: CSCO) which will provide the video conferencing and othefnetwork technologies, is based in San Jose,
Sunday, May 1, 2011
Mother spurs late entry Watson to Zurich classic win - LSU The Reveille
ernstiryastrov.blogspot.com
Mother spurs late entry Watson to Zurich classic win LSU The Reveille BILL HABER / AP Bubba Watson, left, shakes hands with Bill Reinhardt on Sunday after winning the Zurich Classic golf tournament in Avondale, La. AVONDALE รข€" With a massive gallery ringing the 18th green at TPC Louisiana, Bubba Watson calmly rolled in a ... |
Subscribe to:
Posts (Atom)