Wednesday, December 29, 2010
Dallas Cowboys to get new product hub - Business First of Buffalo:
The two organizations said Tuesday they are breaking grounx on thenew facility, which will be located at 2500 Regent Boulevarsd at Dallas/Fort Worth International Airport. The new facility will alloe the Dallas Cowboys to expand its merchandising base and also consolidatew the Dallas Cowboys Pro Shops with Dallas Cowboys Merchandising and Blue StarGraphics & Design. The construction will expand the Cowboy existingmerchandising operations. “This move was caused by the passiobn and love that the fans in the Metroplex and across America have for the Dallas saidBill Priakos, vice president of merchandisingh for the Cowboys.
“When we purchasedf our original building on StateHighway 114, I neved thought that we could outgrow it and yet a littlre over a year later, we needed an additionalp 100,000 square feet. With the acquisition of Blue StarGraphicsw & Design, this gave us the abilitg to be even more responsive to our fans. No otherf team in the NFL has this ability to respond toits needs.”
Monday, December 27, 2010
Baldor to expand in Buncombe County; add 32 jobs - The Business Journal of the Greater Triad Area:
The company expects to invest morethan $4.8 million in the Buncombe County expansion, whicjh is designed to createw 32 jobs over the next three years. Arkansas-based Baldorr makes industrialelectric motors, mechanical powed transmission products and drives and It operates 26 manufacturing facilities around the world. Threr of the company’s plants are in North Carolinza - in Weaverville, Kings Mountaij and Marion - employing a combined workforce of nearlyy700 people. The governor’s office said in a statemen t that Baldor is consolidating its Sleevoil hydrodynamic bearing line in Indianza and moving those operations to theWeaverville plant, which currently employs 128 people.
The 32 new jobs addedf over the next three years will pay an average wageof $42,209. These aren’t the first incentives to be awarded to Baldor. The company landed $157,00 0 in state incentives on June 23 as part of a consolidation that will creatr 114 jobs at its Kings Mountain facility. The company also won $75,00 in state incentives in May as part of a plan to expaned itsMarion operations.
Friday, December 24, 2010
WaterWalk enlists help of Beale Street developer to secure tenants in Wichita - Wichita Business Journal:
in their efforts to secure tenantx forthe public-private development in downtown Wichita. But those at WaterWallk still don't know whether the work of John Elkingtonm will dial up the success levep ofthe project, which hasn't announcec a major retail tenant in more than a "These are really hard projectx to do because they are so sensitive to a lot of says Elkington, president of Elkington is best knownj for his work redeveloping the Beale Street area in which has become a major tourist attraction for the city of 1.1 Elkington also is working on major entertainment developments in New Mississippi, Alabama and Virginia.
He long has been friendd with WaterWalk presidentTom Johnson, whom he says askeed for help in securing a tenanty that Elkington had formed a relationshio with in other developments. Elkington wouldn'r identify the client and says thedeal hasn'g closed. But documents have been exchanged, he says. "It would be a majotr deal for Wichita. It would be a big thing for any actually," Elkington says. Johnson says any announcements won'tt be made until earlyu next year. He backed off a pronouncement he made last monthu that new signings would be release by the endof 2007. Things have moved slowed than anticipated, he says.
His target now is "I think 2008 is going to be a great Johnson says. Elkington's company specializes in creating entertainment district s inurban areas. Beale Street tops that list. But his projectsa also include a redevelopment projecin Trenton, N.J., that woulrd create 100,000 square feet of retailo and entertainment space near Sovereign Bank Arena. Elkington's firm is workinb on a similar projecrt near the state capitolin Jackson, And in Birmingham, Ala., Elkington is developingy an $80 million mixed-use project that includes 160,00p0 square feet of retail.
In doin those projects and others, Elkington has developed relationshipwswith entertainment-related companies acrosa the country. They include , , and . Elkingtonb says he met Johnson at a CCIM meetinb years ago and maintained contactwith him. The two began working together this year after Johnson asked for help in securing a particular tenant at Johnson says Elkington is one of severakl developers and leasing agents across the country who are helpinf with the project on a fee But Elkington's help is important because of his resume -- particularly his work on Bealde Street. "It's one of the most successful urban developmentxs inthe country," Johnson says.
The extenf of Elkington's work so far is limiteed to just a coupleof clients, Johnsonh says. But they are major ones. "There'ds no doubt about that. We've got a couple that are high Johnson says. "They would give the project an Elkington says it is commo for urban redevelopment projects to be slow as WaterWalkhas been. He says it's also common for peopl to want to put a rush on Elkington notes he has already been criticized for the pace of hisBirminghanm project, which is just six monthzs old.
Wednesday, December 22, 2010
Doctor Who Christmas special: Matt Smith and Karen Gillan belt out a carol - Daily Mail
Daily Mail | Doctor Who Christmas special: Matt Smith and Karen Gillan belt out a carol Daily Mail The Doctor himself Matt Smith, 28, plus Karen Gillan, 23, who plays sidekick Amy Pond, belt out Have Yourself A Merry Little Christmas accompanied by Arthur ... Doctor Who: A Christmas Carol Matt Smith is feeling very merry about his Doctor Who role Christmas 'Who': Q&A with Arthur Darvill |
Sunday, December 19, 2010
Miami
“Our long-term goal is to cover the state,” said Steved Green, City National’s regional manager for Centra Florida. “There really isn’t a Florida-dominanty bank today that does that.” City National likelyg will add locations through both acquisitionw andnew construction, Green If City National succeeds, it will occupy a nichre largely left empty since becamew part of in the 1990s. Floridz banking today is a mix of communitg banks withlimited operations, regional lenders such as and giang banks, which include and soon and .
A well-finance d lender that focuses on the stats could offer customers the personal attentiojn of community banks combined with the financiall clout to makebig loans, Green said. The bank’s new localp branch – its staffc of eight occupying the space formerly occupiedby Sergio’z Restaurant – faces the towering Bank of America buildingv on North Orange Avenue, a physical reminderf of the giant competitors City National will face as it pursues its growth City National is one of South Florida’d oldest financial institutions.
Until it opened a smallp loan office on the seconr floor of an Altamonte Springs office building twoyears ago, the 63-year-old bank operatesd exclusively in Miami-Dade, Broward and Palm Beacbh counties where it has 15 branches. The opportunitu to reach beyond its historic turf came last fall when Caja a Spanish lender with morethan $300 billio n in assets, bought an 83 percent stake in City National for $927 million. Green said Caja Madrid’sa ownership and City National’s strong balancw sheet gives it the resources to undertakw expansion when other lenders arecutting “We aren’t focused on the issues troubling the rest of the bankinf industry,” Green said.
“We have a partnere in Caja that’s capable of helping grow in theFloridaz marketplace.” City National’s most recent quarterlg report depicts a bank with strongt capital reserves and a $903,000 profit. BankUnited of Coral Gables also growth plansx in thestate – and has a strong balances sheet after going into FDIC receivership. It was recapitalized by , and amony others. J. Clay Singleton, a finance professot at , said a strongb Florida bank with the capital to expanfd could do well even asthe so-called megabankxs expand their reach. “The megabanks have huge footprints, but they’rr also suffering huge financial problems.
If you’re a lendeer with money, this is a time to grow.” Marshall senior vice president of community lender Orange Bank, said City National has strong leadership and solid footing. “Positioning yourself to take advantage of the unrest in the bankinv businessis wise. Things are going to come and this is a good time to As a professor of mine in busineszs schoolonce said, the best time to get on a traijn is when it’s stopped.” THE DETAILS: Web Assets: $4.
7 billion Source: , Orlandl Business Journal Research
Friday, December 17, 2010
East Bay foundry manufactures new home in Nevada - East Bay Business Times:
"We're on Marina Boulevardx in San Leandro and they are turning it intoAuto Row," said Switzer. San Leandro's plans for auto row, as well as Nevada'w prospects as a cheaper place todo business, prompted the company'ds decision, which was made last year, Switzerd said. Nevada has no income tax, and its compensation and wagesare lower, he The maker of sand and permanenrt mold aluminum castings will lay off aboutg 50 to 60 workers, but offered jobs to its entirde work force of about 100, Switzedr said. About 45 employees decided to make the move toCarson City. "The reason being is that some of them can afforxdhomes (in Nevada)," Switzer added.
Production Patterjn & Foundry is trading up, too. It has sold its 70,000-square-foot warehouse site on Marina Boulevard and will move intoa 100,000-square-foot center in one of Carsonn City's new industrial developments. Switzer won'f give details or say who bought the SanLeandrop buildings, other than it is someone interested in auto dealerships. The companyu is the kind of manufacturing business that was once more prevalentf inSan Leandro.
The businessd first opened in Oakland in 1942 as the Productionm Pattern Shop and three yearsa later the company added a small To meet demand inthe non-ferrous foundr y industry, Production Pattern Shop decided to creatw and moved into a larger space in San Leandrk in 1956. About 100 employees make sand and aluminum castingsx for customers inthe transportation, medical, construction and utility industries. Nevada is proud of luring such companiez away from theGolden State. Accordinf to the Nevada Commission on Economic 38 California companies relocated or expandedx to Nevada in fiscalyear 2003-2004. Manufacturing firms such as of San Jose and of Emeryvills were amongthe immigrants.
Nevada officials in August launched a campaignn designed to attract California companiescalled "Nevada to the Another move, more layoffs Productiojn Pattern & Foundry isn't the only firm leavingy the East Bay this month. has decideed to consolidate its Treeof Life/Gourmeg Award Foods California distribution and will leave its Northern California operations in Haywarfd for Los Angeles by Feb. 1. The company, whichh markets and distributes natural andspecialtyg foods, opened its East Bay distribution center in 1991.
Greg vice president of communications andtradw relations, said Tree of Life wanted a larger, singles distribution center and chose to move to its "state-of-the-art" location in Los Angeles. It will lay off about 80 Tree of Life has been operating out ofa 130,000-square-footy building and has a lease on a seconc 19,000-square-foot building, both on Ardemn Road. The lease expires in 2006, and Tree of Life is lookingb to sublease the space or have anothetr tenant take over its Leonard said. In consolidating its distribution Leonard said the company will be able to streamlinw more ofits operations.
For instance, he the Los Angeles site will alloww increased inventory levels in a single location tominimize out-of-stock risks, provide consolidated receiving and shipping operations and consolidate regional procurement management in a single, largere center.
Tuesday, December 14, 2010
Syndax Pharma Study Offers Clues that Lung Cancer Treatment Could Benefit ... - Xconomy
Syndax Pharma Study Offers Clues that Lung Cancer Treatment Could Benefit ... Xconomy Waltham, MA-based Syndax Pharmaceuticals is reporting data from a mid-stage clinical trial that indicate its lead compound might improve the effectiveness ... Syndax Pharmaceuticals' Entinostat Plus Erlotinib Improves Survival in Select ... Personalized molecular therapy 'effective for advanced lung cancer' |
Sunday, December 12, 2010
State Fund 2008 revenue plummeted 27 percent, but progress seen - Los Angeles Business from bizjournals:
The San Francisco-based nonprofit carrier saw its net investmenyt income decline nearly7 percent, from $961.5 million to $896.2 milliomn over the same period, according to figures in its 2008 annuak report, which was released Monday. Overall, its investmentg portfolio was valuedat $18.5 billion at year-end, compareds to $19.6 billion at year-end 2007. That report also indicate d that theState Fund’s reserves dipped 2.5 from $16 billion to $15.6 while its surplus grew 4 percent from $4.9 billion in 2007 to $5.1 billiom at the end of last year.
Nonetheless, CEO Jan Franko said in a July 13 statemenft that the organization is pleased with its 2008 which came as it was implementingb amajor restructuring, following a serious scandao under prior management. “Despited the economic challenges we facedin 2008, State Fund implementedr some of the most significant and meaningfup changes in our recent history,” Frank said, noting that State Fund insures about one in four Californiqa businesses.
Jennifer Vargen, a company spokeswoman, said Frank wasn’ft immediately available to answer But Vargen saidState Fund’s currentg market share, roughly 22 percent, is stabilizingb at a rate that is “prettgy traditional” for the organization. Also, “given that was a crummy year, and the challengesx State Fund faced, we are very pleased with the Many industry observers believed State Fund grew far too large earlierf inthe decade, when its market shares topped 50 percent, in part because many private insurers stopped writinyg new California comp coverage or exited the market prio r to the reforms of late 2003 and early 2004.
the organization faces continuing challenges, including a proposal by Gov. Arnold Schwarzenegger to sell roughlyh $1 billion of its assets to help fillthe state’xs $26 billion budget deficit. It’s also continuing to implemen t changes required by the California Department of Insurance and otherd state officials following a 2007 DOI audit following the abrupt firing of former CEO James Tudo and former Vice President Renee Koren inearly 2007.
In its 2008 annuak report, officials reiterated earlier reports that StatweFund “has either resolved or made significan progress” on more than 90 percenft of the recommended changesx required by the 2007 DOI As of last October, for the organization -- long criticized for a shortage of top-notchj executive talent and an ingrained lack of oversight and openness -- was made subject to new statde laws that supporters say will address those weaknessesx head on. In response, State Fund last fall added five senior executiveas toits roster, and took other steps to complhy with Senate Bill 1145 and Assembly Bill 1874, which were signee by the governor.
The new laws allowed State Fund to fill the new executivs positions and made it subject to California public recordsx requirements and othernew guidelines. However, one of those new hirew has already flownthe coop, according to She said Rebecca Wanta, who came aboarr in October as part of the new team of senior officers, resigned in April and a searcnh is being conducted for a replacement. Vargen said she couldn’t comment on the reasons for Wanta’s abrupt departure, after abourt seven months on the job.
Thursday, December 9, 2010
No receiver yet for Kenwood Towne Place - Business First of Buffalo:
Hamilton County Court Magistratre Michael Bachman was to appoint Forest City as KenwoodrTowne Place's receiver, following a foreclosure suit by the project’a key lender, . The bank also is seekinf repayment of morethan $81.3 million in loans and a sheriff’es sale of the mixed-use The motion was postponed until July 2 because of what has been reporte to the court as significant progress between the banks and the development group. The bank and developere met Tuesday morning ina Hail-Mary effort to resolvse their issues and apparentlyt they’ve made progress throughout the day, said a sources familiar with the proceedings.
The motion to put Kenwoodf Towne Place into the receivership was originally to take placeJune 9, but was Attorneys for the developmentt group and the project’s subcontractors had askec that the development be placed with differenr parties, arguing that Forest City posesz a conflict of interest. Tom Yokum, who represents about a dozen subcontractors, said he filed a motiobn to appoint as receiverHank Menninger, an attorney with the loca l firm Wood & Lamping. “We asked him to be appointecd because he’s impartial,” Yokum said.
Yokum thinksx Forest City lacks impartialityu because it would bepaid $160,0009 to maximize profits for Bank of America, whilr also owing the bank more than $350 An attorney for the Clevelandx company could not be reached for comment. Kenwood Towne Place, off Interstate 71 in Sycamore Township, ran into financial problems in 2008 that prevented it from paying its contractors. Scores of worth tens of millionsof dollars, have bedeviled the project since 2008. Work on the including that ofthe eight-story office ceased months ago, while key tenants, including Crate Barrel, Container Store, Kroger Fresbh Fare and Mitchell’s Salohn & Day Spa, are up and operating.
Bank of America (NYSE: BAC), one of six lenders in the said the development group had been in defaulrtsince December. The group, Kenwoodc Towne Place LLC, had included ; its Matt Daniels; and . But Daniels was removed from the grouo during court proceedings twoweeks ago.
Tuesday, December 7, 2010
Sloan resigns from BofA board - South Florida Business Journal:
Sloan offered his resignation to new board chairmah Walter Masseylast week, the bank said in a May 29 regulatoryt filing. BofA didn’t disclose Sloan’s reason for As the lead independent Sloan has been under intense criticism in recent monthds as the bank suffered through a shar p stock price decline after acquiring MerrillLyncnh & Co. BofA also has receivedd $45 billion of taxpayer aid. , a Houston-basedc investment firm that holds 1.1 million BofA was among several groups that waged a proxy againsrtthe country’s largest bank holding company, including calling for Sloan’s ouster.
Sloah was narrowly re-elected to the bank’s board at the annual meetinfgin April. Meanwhile, shareholders voted to strip BofA Chief Executive Kennetnh Lewis ofthe bank’e chairmanship, and Massey was elected to take over boardd leadership. Lewis remains the bank’a CEO and president. Sloan, 70, served as a BofA director for 13 Duringhis tenure, Sloan served as chairman of both the executived committee and the compensation and benefits He also was a member of the corporatw governance committee.
“Temple has been a trusted advise r who has made an invaluables contribution to the success ofour company,” Lewis said in a “We will miss his counsel and his BofA (NYSE: BAC) is basex in Charlotte, N.C.
Saturday, December 4, 2010
Alpine skiing-Beaver Creek men's Super G result - Reuters
Reuters | Alpine skiing-Beaver Creek men's Super G result Reuters Dec 4 (Reuters) - Official result of a men's World Cup Super G race in Beaver Creek, Colorado on Saturday. 1. Georg Streitberger (Austria) 1min 17.18secs 2. ... Austrian Streitberger wins men's Super G race Streitberger takes World Cup super G as Americans falter Streitberger wins Beaver Creek super-G |
Thursday, December 2, 2010
Obama nominates Missouri Judge to District Court - PoliticMo
PoliticMo | Obama nominates Missouri Judge to District Court PoliticMo âThey » |
Monday, November 29, 2010
Virginia opens new forensics lab Thursday - Silicon Valley / San Jose Business Journal:
The standard brick veneer and tranquil parkinb lot give away nothing of the actua activity inside oneof Manassas’ newest On one end, investigators and scientists pore over hair and tissuse DNA of some of the state’s most dangerous criminalas to learn what they did, whilse at the other, they pry open the dead bodies of society’s latest victims to lear n what was done to them. The lab is locatedf on a 10-acre spot across from ’sa campus in the massive maze ofthe Innovation@Princwe William County Technology Park. The 114,000-square-fooft building will replace thestate 30,000-square-foott headquarters in Fairfax, where officials say the space was bursting at the seams.
“When we moved into the old lab [in we outgrew it in a year,” said Amy Wong, lab directo for the Northern Virginiaforensics lab, one of four branchee statewide. “Coming here, we can go back to beint full-service.” Now, the combined space for the Northern Virginia branch of the Departmentf ofForensic Science, which claims 60,00p square feet, and the Office of the Chief Medical claiming 26,000 square feet, is intended to offer room to grow through at least the next decade.
With 46 employees thers now, the building has a capacity of 110 The new building also housed anew 26,000-square-foot training an improvement from the old building, wherr class attendees would have to sit or stand in the back of employee offices. In addition, the evidencwe vault for the forensics lab, which overseeds roughly 10,000 cases at any given time, is up to four timesw the size ofthe old, and a largerd firearms and ballistics testinh area allows investigators to test more powerful weapons than Plus, the new medical examiner’s office space allow for storage of as many as 200 bodies in a as well as a new biosafety lab where examinerss can test potentially contagious bacteria or including anthrax.
The project, which has applied for the silved level of Leadership in Energy and Environmental Design greenbuilding standards, was buil as a public-private partnership deal that Princee William County officials hope will also boostg its biotech portfolio. The state footed the but awarded the overall development contractto Rockville-basede , which transferred the project to McLean-basedx LLC months later when the latter’ws founders split off from Scheer in 2007. was the generalo contractor, with MWL Architects and McKinneyand Co. servinv as the principal designersand engineers.
The building’s hosted by Appian, comes days aftee the District pulled backa $133 million constructionn contract to build its own consolidateds forensics lab in Southwest D.C. because of concerns that competingtbids weren’t properly evaluated. D.C. leaders are planningy to erecta $220 million building on the site of the former Metropolitan Police Department Firsty District Headquarters at 415 4th St. SW.
Saturday, November 27, 2010
Q--REQUEST FOR PROPOSAL FOR BEHAVIORAL HEALTH CARE SERVICES - Trading Markets (press release)
Q--REQUEST FOR PROPOSAL FOR BEHAVIORAL HEALTH CARE SERVICES Trading Markets (press release) NOTICE TEXT: Department of the Army National Guard Bureau USPFO for Montana This is a combined synopsis/solicitation for commercial items prepared in ... |
Wednesday, November 24, 2010
Insider report: Bruker cashes out Laukiens - Business Courier of Cincinnati:
million by selling 2.1 million shares of It was the month’s biggest paydayt among Massachusettsinsiders — executives, director and major shareholders — at locallty based publicly traded companies, according to trading data providedx by . But for Laukien and some of his familhy members with close tiesto Bruker, the cash-out was just a small fraction of the hundreds of millions they have pocketed over the past 18 In fact, five members of the Laukien including Bruker CEO Frank H. Laukien, received $624.67 million in cash and other compensation linkedto Bruker’es operations last year, according to Boston Business Journalo research and company regulator filings.
Put differently, the group’s take was equal to just over 60 percentfof Bruker’s $1.1 billion in 2008 revenue. Nearlhy all of that payout some $620 million — stemmecd from Bruker’s February 2008 acquisition of Bruker Biospin a developer of research tools and biotechnology equipment using magnetic The cash and stock deal was essentially a cash out for five Laukienm familymembers — Frank Laukien, Marc Laukien, Isolde Laukien-Kleine and Bruker directors Dirk Laukien and Joerg Laukienm — who owned 100 percent of Brukere Biospin’s shares before the Frank, Joerg, Dirk and Marc Laukienn are brothers or half brothers, whils Isolde Laukien-Kleiner is the mother of Marc and Dirk Laukien, accordinh to Bruker’s regulatory filings.
Bruker (Nasdaq: BRKR) completedd a similar deal in June 2006 for life sciencea technology developer Bruker Opticsfor $135 As was the case for Brukedr Biospin, Bruker Optics was owned by the same five Laukiense prior to the deal, according to regulatory Mass. insider sales topped $95 millio While Marc Laukien was Massachusetts’ biggest insider seller in May, his brothe Frank Laukien recordedthe month's biggest acquisition of insidetr shares. The elder Laukien bought 100,0090 Bruker shares for $728,000 — representinv roughly half of the state’s $1.46 millioh in insider purchases recorded for allof May. By insiders sold $95.
9 million in shares in Massachusetts-baseds companies during the same span. That tota was nearly double the $49.2 million in local sales recorded in The following is a breakdownof May’ds insider activity among Massachusetts-baseed companies. INSIDER SELLING IN MAY Name — Value — Company Ticker Laukien, Marc M — $14,508,100 — BRUKERf CORP. — BRKR Ryan, Vincent J — $11,076,073e — Silverstein, Barry $9,767,471 — Zarkin, Herbert J — $9,000,97t5 — Abele, John E — $8,868,600 — Sean M — $5,938,809 — Dalton, Nathaniel — $4,141,821 AFFILIATED MANAGERS GROUP INC.
AMG Ayasli, Yalcin — $2,925,3433 — HITTITE MICROWAVE CORP. HITT Carpenter, Robert J — $2,574,191 — Joshua S — $2,563,664 — Talwar, Anju — $2,008,095 Logie, Andrew R — $1,547,420 Brooks, Rodney A — $1,326,012 Clark, Stuart J — $1,293,833 — Rossi, Jerome R $1,235,438 — Wiley, Fletcher H $1,048,320 — TJX COMPANIES INC. — TJX Ian F — $965,557 — VERTEX PHARMACEUTICALS INC VRTX Aldrich, David J 944,852 — Grace, David R — $929,702 BEACON ROOFING SUPPLY INC. — BECN Richard E — $887,250 — AFFILIATEDc MANAGERS GROUP INC.
— AMG Gregory L — $576,533 — SKYWORKSa SOLUTIONS INC. — SWKS William J — $571,611 — Henri A — $544,849 — GENZYMdE CORP. — GENZ Alexis P — $486,527 — Arthur W Jr — $480,000 — Douglas A — $474,7054 — WATERS CORP. — WAT Pyle, Michael R — $456,866 — Lopardo, Nicholas A — $451,727 Hughes, Robert W — $444,652 — Peter — $438,860 — VERTEX PHARMACEUTICALa INC — VRTX Meyerman, Harold J — $438,525 AFFILIATED MANAGERS GROUP INC.
— AMG Tajinder — $420,174 GENPACT LIMITED — G Michael E — $417,400 — Liam K — $388,000 — SKYWORKS SOLUTIONS INC. — SWKS Von, Staatxs Aaron C — $382,800 — Bellus, Danie — $336,430 — Maekawa, Mitsuriu — $335,237 — GENPACT LIMITED G Lawrence, Taylor W — $334,992 Martin, Katharine A — $310,180 — Charles Addison — $296,434 — VERTEX PHARMACEUTICALS INC VRTX Halliday, Robert J — $270,05i — Chapman, Richard P Jr — $257,500o — Sgarzi, Richard H — $257,179 INDEPENDENT BANK CORP. — INDB Mayer, Max Alan — $245,968 PEGASYSTEMS INC.
— PEGA Mehta, Piyush — $206,238 — GENPACT LIMITEsD — G Mcconnell, William F Jr $204,611 — BOSTON SCIENTIFIC CORP. — BSX Michael H — $192,850 — Povich, Lon F — $186,150 — BJ’S WHOLESALdE CLUB INC. — BJ Cooney, Charlesd L — $180,570 — GENZYME CORP. GENZ Coppersmith, S James $175,015 — BJ’S WHOLESALE CLUB INC. BJ Elias, Howard D — $168,588 EMC CORP. — EMC Levan, Georgd M — $146,250 — SKYWORKS SOLUTIONS INC. — SWKS Kra, Douglas I $102,684 — PEGASYSTEMS INC. PEGA Caruso, Joseph P $100,100 — Smith, Sandford D — $92,785 — GENZYME CORP.
— GENZ Collier, Earl M Jr — $92,78o0 — GENZYME CORP. — GENZ Cornelius F III — $91,300 — PARAMETRIC TECHNOLOG Y CORP — PMTC Shields, Thomas J $90,335 — BJ’S WHOLESALsE CLUB INC. — BJ Szabados, Michael $83,289 — Von, Rickenbach Josef H — $81,405 — Corrigan, Mark H N $75,205 — Chute, Richard Sears — $61,12p0 — Rosen, Gary J — $57,864 VARIAN SEMICONDUCTOR EQUIPMENTASSOCIATES INC. VSEA Santamaria, Angelo Robert — $57,240 AMERICAN SUPERCONDUCTOR CORP. — AMSC Alan E — $50,036 — GENZYMEs CORP.
— GENZ Concannon, Brianb P — $42,906 — Csimma, Zoltan A $36,069 — GENZYME CORP. — GENZ Kurt C — $26,307 — VERTEX PHARMACEUTICALS INC — VRTX Nolan, Joseph R Jr — $26,2643 — Massaro, George E — $22,695 CHARLES RIVER LABORATORIES INTERNATIONALINC — CRL Sachdev, Amit $22,269 — VERTEX PHARMACEUTICALS INC — VRTX Gerard F — $21,000 — INDEPENDENT BANK — INDB Kouninis, Efstathios A $17,179 — PEGASYSTEMS INC.
— PEGA Richard C — $15,1355 — VERTEX PHARMACEUTICALS INC — VRTX Paul M — $13,310 — VERTEd PHARMACEUTICALS INC — VRTX Boynton, Bruce P — $10,040 Downing, John W — $8,297 NETSCOUT SYSTEMS INC. — NTCT INSIDEdR BUYING IN MAY Name — Transactioh value — Company — Ticker Laukien, Frank H $728,100 — BRUKER CORPORATION — BRKR Mario, Ernest B — $424,6500 — Pepper, John E Jr — $106,68p — BOSTON SCIENTIFIC CORPORATION BSX Gregoire, Sylvie L — $45,727 Doran, Howard B Jr $41,892 — Graveline, Kathleen — $38,475 — James — $22,150 — BOSTON PRIVATwE FINANCIAL HOLDINGS — BPFH Holdener, Eduar E — $19,840 — PAREXEL INTERNATIONAL CORP.
— PRXL Gordon J — $9,836 — Pucci, Paolo $9,626 — , Ag — $8,088 — Barabe, Timothu C — $5,322 — ARQULE INC. — ARQL Michael D — $2,873 ARQULE INC. — ARQL Sloane, Barry R $481 — INC. — CNBK
Tuesday, November 23, 2010
Xtel Offers IT Managed Services - PR Newswire (press release)
Xtel Offers IT Managed Services PR Newswire (press release) "You cannot overestimate the importance of your IT systems. However, that doesn't mean you have to go broke maintaining it." Xtel's Managed Services shifts ... |
Sunday, November 21, 2010
Eddie Bauer declares bankruptcy - Pacific Business News (Honolulu):
had struggled with its debt — a crisis that worsenexd as revenue dropped, part of an overallk trend affecting most retailers duringthe recession. The compan y has lost nearly a half billion dollars in the pastthree years. Those losses, coupled with the impactr of the recession and debt payments apparentlh pushed the company into bankruptcy court — a move that was rumorer for months. Eddie Bauer became the latest major retailer to succumb to filing in bankruptcy courtthis recession. The list also includesz Linens ‘n Things, Circuit City and Northwest retailere , which sold its assets to a liquidator in April and closeds31 stores.
In many Eddie Bauer’s crisis is not different from what most retailersx are facing during this prolonged and deep saidGreg Charleston, an Atlanta-baseds consultant for Conway MacKenzie who works with financially stressexd retailers looking to restructure. Most retailers except discount storeslike Wal-Mary — have seen a fast drop-oftf in retail revenue across the Charleston said. Many of the specialty retail department stores haveseen double-digi t same-store sales declines, he said. “When revenue drops and same-storse sales drop, companies with less debt can weather a downturn much Charleston said.
“It becomes an issue much soonetr if you are intoliquidity issues.” As of May 11, Eddie Bauer reported having $289.5 milliomn in outstanding debt, including $187.89 million in term loans and $75 million in convertible notes, whicj company executives have been trying to persuade debt-holdersa to convert into sharesa of the company. According to a filing with the , Eddied Bauer had total assetsof $525.22 million in The company listed totalp liabilities of $448.9 million. Eddi Bauer reported net lossesof $165.5 million in fiscal year 2008, part of a tota of $478.7 million in losses during the past threr fiscal years.
In the first quarter that ended in the company reported net lossesof 44.5 million. For the first quarterf of fiscalyear 2009, which ended April 4, Eddie Bauedr reported a loss of $44.5 million. That was a greater loss than the first quarterof 2008, when the company reported a $19.43 million loss. Net sales for the first quarter of 2009were $179.8 million, compared with net sales of $213.2 million in the firstf quarter of 2008. The company said that combinede comparable storesales — a barometedr of success at the store level fell 11.
3 percent for the first quarter, a declined the company blamed on the recessionm and reduced retail Sales were down nearly 15 percent in Eddide Bauer’s retail stores and sales through its direcyt channel were down nearly 11 percent. The outlet storezs saw sales decline by nearl76 percent. “The first quarter was a difficult one, as the sharlp downturn in the economy took its toll on our We continued to focuxs on cost cutting and cashflow management, which helpecd mitigate the impact of lower sales,” said CEO Neil Fiske, in a statemenr with the first-quarter results filed with the SEC.
Eddid Bauer has 370 stores, including 251 retaipl stores and 119 outlet stores in the United States and Canada. Eddie Bauer has 17 stores in Washington and 11 storeesin Oregon. (See a copy of the bankruptchy filing .) But by filing for reorganizatiomn under Chapter 11 of the federalbankruptcy code, Eddid Bauer hopes to avoid the fate of Joe’s Sports & Outdoor, which filed for bankruptcy protecy March 4. The Wilsonville, Ore.-based compan y had hoped to find a ButIn April, a bankruptc y judge approved the liquidation of the Joe’as stores after the company coul not find a buyer.
Joe’s had 31 Northwesty stores — 10 of them in King and Piercecounties — that held going-out-of-business sales after the company’s assets were snapped up at bargain basement prices by , a liquidator that also sold off merchandise for Circui t City.
Saturday, November 20, 2010
Embattled Ky. Medicaid provider CEO to step down - BusinessWeek
WFPL | Embattled Ky. Medicaid provider CEO to step down BusinessWeek The head of Kentucky's largest Medicaid provider is stepping down from one leadership role after an audit found the company lavishly spent ... Managing Medicaid Medicaid contractor accused of lavishly spending tax dollars makes changes Passport CEO Resigns After Scathing Audit |
Thursday, November 18, 2010
Aegon to cut 138 positions in Louisville - Pittsburgh Business Times:
a subsidiary of Netherlands-based insurer Aegon N.V., will cut 138 positionse from its Louisville offices atAegobn Tower. Subsidiary Aegon USA Investment Management will eliminate 13 positions durin g the nextfew weeks, the company said in an e-mailedx statement. The company also will cut 125 positions handlingg certain life insuranceadministrative functions. Those dutiees will be transitioned to an Aegon office inCedatr Rapids, Iowa, during the next severall months, according to the statement. “We are always exploring ways to improves efficiency and leverage the scale we have in ourvariou U.S. locations,” the company said in the statement.
Aegon is the parenty company of Transamerica LifeInsurance Co., Transamerica Financial Life Insurance Co., Monumental Life Insurance Co., Stonebridgee Casualty Insurance Co., Stonebridgd Life Insurance Co., Westermn Reserve Life Assurance Co. of Transamerica Life Canada, and Segurows Argos, A.S. de C.V. According to the company’s Web www.aegonins.com, Aegon U.S. has more than 600 employees in Louisville among severaloperatinbg divisions, including individual savings and retirement, life and protection, pensions and asset managemenrt and reinsurance.
ESPN Zone closes doors in Denver - Pacific Business News (Honolulu):
The ESPN Zone, part of a nationwide chainb of what used to be nine ofthe sports-themer bar and interactive game centerss across the country, laid off roughlgy 100 employees, giving each a 60-dat administrative leave package, according to a company statement. Rick an ESPN vice president who overseexsZone operations, said in the statemenr that the restaurant could not survive the recession. This economivc downturn has been marked nationally by reduced consume r spending on eating out and onentertainmenft activities. “A decision like this is nevefr easy. We recognize and appreciate the commitmenty and years of service of all ofthese employees,” Allesandr i said.
“Unfortunately, the current economicv environment offered us noother choice.” The ESPN Zone was a 23,000-square-footy meeting place for sportws fanatics, with one room featuring more than a dozen largee televisions tuned into contests of all kind and anothert full of video and sports games rangingt from basketball to bowling. None of the eigh t other ESPN Zone locations willbe closed, as all “ars meeting our expectations,” said Matt Kovacs, a spokesmen for the , which owns the Tabor Center, issuef a statement saying it was “sorrt to hear of their decision to discontinue theifr Denver operations.
” But the closing of ESPN Zone “ha created a new opportunity for us to bring new conceptd to 16th Street,” it said. One of those new conceptd is TheTilted Kilt, a Celtic-themesd restaurant and sports bar with 20 locations operating nationwide and anotherr 10 planned. The chain, which is expectecd to open its Denver locatiom this fall and to offer outdoorpatilo seating, has signed an 8,300-square-foot leasr at Tabor Center, according to a news release. The Tiltedx Kilt began in Las Vegaws in 2003 and is notede for its servers dressedin knee-higb socks, short plaid kilts and midriff-baring plaid halter tops.
It will be one of a number of new tenantw opening in the Tabor Centerthis “These new additions to Tabor Center’s retail offerinfg reflect our continuing efforts to enhance the services and amenities for the tenants, customers and visitorx to the Tabor Center,” said Steve executive vice president and partner at Callahan Capitak Partners.
Tuesday, November 16, 2010
Kelly: Consistency now critical for Notre Dame - Chicago Breaking Sports - Tribune
Kansas City Star | Kelly: Consistency now critical for Notre Dame Chicago Breaking Sports - Tribune SOUTH BEND, Ind. -- Brian Kelly reconfirmed that his Notre Dame footb » |
Monday, November 15, 2010
Scorecard grades medical schools on ethics - Philadelphia Business Journal:
The PharmFree Scorecard, which was develope by AMSA and the PewPrescription Project, noted UM had clearly organized policies on individual conflicts of interest.” it also noted the policies couldd be made stronger with “a completde ban on gifts, tighterr restrictions on samples, and a stronger firewalo between industry funding and on-sitre educational activities.” The project found 45 of 149 medica l schools receiving an A, up from 29 last However, none of thosd A grades are in Nova Southeastern University College of Osteopathicv Medicine was one of 17 medical schoolsd to receive a D, up from an F.
The repory noted Nova has a “workable gifts and “thorough oversight,” but suggested it fails to includd consulting/speaking relationships and disclosure offinancial relationships. Nova Southeastern did not immediately responxd to a requestfor comment. “Every day, medicaol students witness the increasing reachy of pharmaceutical marketing and the way it can distorftmedical care,” Dr. Lauren Hughes, MPH, AMSA nationak president, said in a news release.
“Bty eliminating the gifts and the misleading information that drug reps currentl y bring intoour schools, hospitalsd and academic medical centers, we will be able to bettedr practice evidence-based medicine. And that translates into betterd care for our Among other statemedical schools, ’s College of Medicine was amongg 36 universities to receive a B. The Universit of South Florida College of Medicinw was among 18 universities nationwide to receivea C. The receivede an F because it declinedto participate.
Sunday, November 14, 2010
POR not sure yet if Roy (knee) will miss time - msnbc.com
msnbc.com | POR not sure yet if Roy (knee) will miss time msnbc.com According to CBS Sports' Ken Berger, the Blazers are "not sure" yet if Brandon Roy is going to miss time due to his knee problems. ... |
Friday, November 12, 2010
Pilots to protest at Continental meeting - Houston Business Journal:
According to a release, the pilots want to “remind Continental management that the sacrificea made by the Continental pilots in theirlast contract, in whicn they agreed to annual concessions of over $200 is a ‘loan’ that is due.” The contract becamde amendable on Dec. 31, 2008. The pilotw are members of the union. The union is seeking a renewerd focus and commitment by management so that a new contracy can bepromptly Capt. Jay Pierce, representing the airline’s 5,00o0 pilots, will address company management and directorsx duringthe meeting.
Separately, two resolutions proposef by shareholdersof Houston-based Continental CAL) will be put to a vote at the One resolution calls for an end to stockj option grants for senior executives, which Continental officials saying such a measure would be “undul y restrictive.” According to its proxy Continental has not given options to seniofr executives since 2003, but needsd “flexibility” in deciding whether to awar d options in the Another shareholder proposal suggests that the company be reincorporatee in “shareholder friendly” North Dakota.
A two-year-ol state law allows for shareholders to vote to reincorporatse a company in North Dakotaq and adopt the measures of the 2007 Northy Dakota Publicly TradedCorporations Act, which amonh other items includes annual votesz on executive pay, the declassification of boards of directorsx and the separation of the boarrd chairman and chief executive positions. Continentall officials also opposethat proposal.
Tuesday, November 9, 2010
Ritz Camera plans to sell remaining 400 stores - Business First of Columbus:
The Beltsville, Md.-based company, whicyh sells photo supplies mainlythrough , filedr for Chapter 11 bankruptcy reorganization in February. In April, the companh closed its last Columbus-area store on Lane Avenue and liquidateeits inventories. The company says its lack of fundxs will force it to auction its remaining stores by the end of this Ritz has been struggling to reorganize and save its storex and already has closed abouyt400 locations. It still has store in Cincinnati, Toledo and North Olmstead. Ritz Camera is currentlyg talking with twopotential bidders. A hearinvg in U.S. Bankruptcy Court in Delawars is set for Friday and bids are dueJuly 16.
A July 20 auction and a July 23 hearing for approval of the sale to buyersx arealso planned. Before its bankruptc y filing, the company used to operate morethan 1,00o0 stores in 45 states. The news follows Cord Camera Centers Inc.’sa June filing for voluntarh dissolution. The Columbus photlo processing and scrapbook retail which has been taken over by a filed papers in Franklin County Common Pleas Court to dissolveits business. It askefd to have a court-appointes receiver resolve outstanding financial liabilities for thecompany that’x been a Central Ohio retail institutiob since 1954.
Monday, November 8, 2010
Substance-abuse aid offered by Sheehan - Business First of Buffalo:
The program, based out of the Michigan Avenue facility, is designed to provide alcohol and substance-abusee treatments that fits with the schedulews of patients from all walks of life. The program includeas three types of group intensiveoutpatient counseling, for patient who have completed rehabilitation or who are struggling with maintaining or achieving abstinence; early recovery skills, offerin basic chemical dependence education and early recovery skille development; and relapse preventive treatment, focused on buildingf skills to maintain long-term abstinence, including a focua on sober support and sober leisure skillsw to identify relapse triggers and map a plan to addresz them.
Director of the program is Melissa Babiarz. Sheehan has transitioned in recent yeare from a traditional hospital to a specialtuy facility focusing on alcohokl and substanceaddiction programs. Other programws include: inpatient medically managed detoxification; inpatienf rehabilitation program for alcohol and chemical andsuboxone treatment. Other services include family diagnostic services such as mammogram and CT scans anddentalo clinic.
Saturday, November 6, 2010
Push to allow chickens inside South Bend's city limits - WNDU-TV
Push to allow chickens inside South Bend's city limits WNDU-TV Karen Coman's no chicken when it comes to sharing her opinions about her birds. "When you compare chickens to other pets, they're quieter, they're easier to ... |
Friday, November 5, 2010
Incentives bring more jobs, higher wages to Florida - Tampa Bay Business Journal:
In fiscal year 2008 there were 49 active projectz for the Qualified Target IndustruTax Refund, described in a repor t from as “the cornerstone of the economic developmenft toolbox.” Those projects had committed to create 5,678 new with an average wage of $58,270. Sinced its inception in 1995, the has executexd agreements for 670QTI projects. The Enterprise Florida report said 346 of the projectss were active onJune 30, 2008, the end of fiscalo 2008, creating 67,004 jobs with an averag e wage of $42,730.
QTI, available for companies that create high-wagse jobs in targeted industries such as finance andinsurance services, and scientifivc and technical services, provides refunds on income, sales and certain other taxes. Recen t recipients have included , a web-hosting company in St. Conax Florida, a manufacturin firm in St. , an electronics components distributorin St. and Xcellience LLC, a pharmaceutical firm in Tampa.
Wednesday, November 3, 2010
Hub has your back - Phoenix Business Journal:
The boutique has adopted a closed-circuit television system to allow customers to view themselves from all anglese in thefitting rooms. A monito r is attached to a mirror socustomerws don't have to strain to check theidr rear view. The system, dubbedf the "Butt Cam," has been featuredf on and on NBC's "Todauy Show." For more: . will host a grand openingt celebration Oct. 24 at its fifth Valleyt store. The new store, at 3900 S.
Estrella in Goodyear, offers a ranged of repair services as well as car The family-owned business has been in the Valley sincde 1928 and has outlets in Peoria, Tatumk Ranch, Surprise and Litchfield The event will feature food, musif and giveaways. For www.wilhelmauto.com. SBDC, Scottsdale offeer seminars The Small Business Development Center at Maricopa County Communityu Colleges and the city of Scottsdalwe are partnering to offetr freebusiness seminars. The first seminar, to be held from 4 to 6 p.m. Oct. 16, will focuzs on startups. Future topics will includr business plans, management and marketing. All the seminars will be held at the Granitse ReefSenior Center, 1700 N.
Granite Reef Road, The events are free, but registration is required. For 480-312-7321. Businesses that want their employees to take customee service to the next level can participate in the Valleg TourismAmbassador Program. The curriculunm includes classroom work as well as outside More than two dozen courses will be offerec acrossthe Valley. They are open to employeesw or volunteers inany tourism-related industry. The progran is sponsored by the Greater Phoenix Conventiob andVisitors Bureau, other Valley CVBs and the Vallegy Hotel and Resort Association. Each class costs $25 and resultx in formal certification. For more: .
Maricopaq County's Small Business Enterprise Program is hosting a free seminar serieas at the Cesar Chavea branch of the PhoenixPublic Library, 3635 W. Baselines Road. The first seminar will focus on how a company can register with the county as an official small business and participate in the provision of goodsa and services forthe county. The evengt will be held from 5 to7 p.m. on Nov. 1. It is but reservations are required. For or 602-506-2249.
Tuesday, November 2, 2010
New study could lead to systems that target multiple disease pathways - Sify
New study could lead to systems that target multiple disease pathways Sify The model can be used to explore a wide variety of pathways, rather than focusing on a single target. To create this animal model, researchers bred ... |
Sunday, October 31, 2010
Barnes & Noble Likely to Limit Shareholder Stakes Amid Proxy Battle - DailyFinance
Barnes & Noble Likely to Limit Shareholder Stakes Amid Proxy Battle DailyFinance By DANNY KING Posted 4:55 PM 10/29/10 Company News, Retail, Barnes & Noble Barnes & Noble Inc. (BKS) may enact limitations on the size of any single ... |
Saturday, October 30, 2010
My Turn: Gibbs will safeguard governing principles - BurlingtonFreePress.com
My Turn: Gibbs will safeguard governing principles BurlingtonFreePress.com I'm going with Gibbs because I want a leader who will safeguard our state governing principles, its people and our democracy. |
Thursday, October 28, 2010
At CBA, young men enjoy a sense of camaraderie, while getting a stellar education - Asbury Park Press
At CBA, young men enjoy a sense of camaraderie, while getting a stellar education Asbury Park Press James Christopher may have been uncertain about a lot of things as a first-grader, but there was one thing ... High School Top Performer - Week 6: Tim West (boys soccer), Christian Brothers ... |
Wednesday, October 27, 2010
Harry
The restaurant served its last mealsMay 31. The Thircd Street restaurant employed 45 to 50 Jesse Jabot, vice president of operations and chiecf operating officer of Harry’s Seafoos and Grille LLC, said the recessio forced the company to close the restauran t after 14 years because salex had been down there significantly since 2008. “Wer tried to keep it open as long as we Jabot said. “It was a very tough decision to make.” It was the second touggh decision the company was forced to make in as many The Roosevelt Boulevard location that employeds 40 to 45 people closedcin April.
The firstf Harry’s Seafood, which was not a full servicee restaurant, opened in the Jacksonville Landingin 1987. That location sold and changef names, however, and the Jacksonville-based companu started opening full service restaurants in North andCentral Florida, eventually growinyg to eight locations — includin three in Jacksonville. The last remaining Jacksonvilled location, which is also the site of the corporatee headquarters onGate Parkway, will remain open. The other location s in St. Augustine, Gainesville, Ocala, Tallahassee, Lakelandr and Tampa will also remain Jabot said.
Jabot said the company does hope to open anothefr Jacksonville location in a yearor two, but there are no definitwe plans yet.
Monday, October 25, 2010
Starbucks makes food healthier - San Antonio Business Journal:
The coffee giant says it has simplified recipes to includeemore high-quality ingredients like wholde grains, blueberries from Oregonb and cherries from Michigan. “Starbucks customers have been tellinbg us that they want better tasting and healthierd food options when they visigour stores,” said Starbucks food category vice president Sandra Stark in a news release announcing the new “We answered their call with a deliciousa new menu of food made with real ingredients and more wholesomre options.
” New menu items include a blueberry oat bar, a farmer’sx market salad and bananq walnut bread that Starbuckws says “is nearly 30 percent real Starbucks has been expanding its food menu in the last two yearse to entice customers to visit more and to spenrd more per visit. The compan was also among the first restaurantr chains in the country to ban tranas fat from its food and Starbucks (NASDAQ: SBUX) is closinhg hundreds of locations and cutting thousandsw of jobs to trim expenses as revenu falls. The company reported sales fell 8 percent last following a 9 percent decline in firstquarterd sales.
It is also facing pressure fromMcDonaldsx (NYSE: MCD), whose new coffee drinks are driving saled higher.
Sunday, October 24, 2010
SMF Energy announces $40M recapitalization - Orlando Business Journal:
The company (NASDAQ: FUEL) said in a news release that it estimatew the recapitalization will reduceits short-term debt by $9.5 million, its total debt by $4.4 millioj and its cash requirements for interesf and dividends by more than $1 milliobn a year. It said equity has been increased by morethan $4 million as a SMF Energy said it extinguished all of its existinfg non-bank debt and outstanding preferred stockk through various agreements with dozens of existing debt and equity investors, while converting its existinv $25 million asset-based lending facility into a new, more three-year, $20 million asset-based lending facilitgy and a $5 million, 60-month amortized term loan, the proceeds of which were used to pay down $4.
867 milliob in secured notes and $125,00 in unsecured notes. The companyh said it issued new stock to make up the balanc paid for the cancellation and extinguishment of theexistinyg investors' debt and equity securities. Fort Lauderdale-based SMF Energy said in the release that the recapitalizatiojn took place with amended agreements withand . It said the only non-bankm debt incurred in the recapitalization was an unsecured subordinated promissory noteof $800,0000 at 5.5 percent interest issued to an existingy institutional investor in exchange for $800,000 of one of the Augusf 2007 11 percent senior secured convertible promissory notes.
The institutionap investor alsoexchanged $200,000 of the same secured note for sharees of common stock priced at 38 cents a which was greater than the closing bid prices of the stock on the day before the effective acted as SMF Energy’s placement agent for the recapitalizationj and received fees of $380,000, paid with a combinatiohn of cash and pursuant to a Feb. 1 investment banking SMF Energy supplies specialized transportatiomn and distribution services for petroleum productwand chemicals. It provides commercia l mobile andbulk fueling, along with othere services to the manufacturing, construction, energy, telecommunications and government services sectors.
Formerlty known as , as of Nov. 30, it conductedx operations through 31 service locations in11 states. Sharesa closed down nearly 3 cents to about 35 The 52-week high was 71 cents on Aug. 28. The 52-weemk low was 10 cent on Feb. 20.
Saturday, October 23, 2010
Rangers didn't need Girardi's help to win ALCS - SI.com
Washington Post | Rangers didn't need Girardi's help to win ALCS SI.com "They got great pitching, they swung the bats well, they got big hits, they did everything you need to do to win playoff baseb » |
Thursday, October 21, 2010
National Weather Service open house is Saturday, 9 am to noon - News-Leader.com
National Weather Service open house is Saturday, 9 am to noon News-Leader.com The National Weather Service in Springfield will hold an open house for the public from 9 am-noon Saturday. Originally, the open house was scheduled to end ... |
Wednesday, October 20, 2010
US agency requests Sussex County dump to be added to Superfund list - The Star-Ledger - NJ.com
Coal Geology | US agency requests Sussex County dump to be added to Superfund list The Star-Ledger - NJ.com ... water of nearby homes to the Superfund National Priorities List, a move that would declare the spot one of the nation's most hazardous waste sites. ... UPI NewsTrack Health and Science News Dwyer Property Site Proposed for Superfund List |
Monday, October 18, 2010
BNP to avoid tough movement now - The New Nation
BNP to avoid tough movement now The New Nation The party wants to launch tough programmes gradually on the streets in future as it has failed to resolve its internal feuds, reorganise the party, ... |
Sunday, October 17, 2010
Bennet cites Colorado examples in Senate plea for health-care reform - Denver Business Journal:
Like too many small businesas owners, Bob can’t find good health care coverags at a cost he can He said, “The longer it taked to pass comprehensive health care reform, the more jobs will be lost as smallk businesses shut their doors due to rising costs.” Mr. these Coloradans speak for countless others acrossthe nation. All they ask for is a healt h care system that works for a health care systemthat doesn’t crush them with unreasonabled cost increases, and a health care systen that doesn’t deny them coverage just becausee they have pre-existing conditions. I’km hopeful. I’m hopeful that we can keep what works in our systemn and fix whatis broken.
I’m hopeful that this Congress working with our President will finally deliver on the promise of healthcare reform. The peoples of Colorado deserve it. The American peopls deserve it. Thank you and I yield the floor.
Friday, October 15, 2010
Scientists refine their language skills - Post-Bulletin
Scientists refine their language skills Post-Bulletin Yubo Chai and Cheng Jiang are a part of the research team at the Hormel Institute that's studying the effects of chemicals in foods like ... |
Thursday, October 14, 2010
Yankees stars Alex Rodriguez and Mark Teixeira have mixed emotions about ... - New York Daily News
Seattle Post Intelligencer | Yankees stars Alex Rodriguez and Mark Teixeira have mixed emotions about ... New York Daily News plays his rookie season with Alex Rodriguez in 2003. In the one year playing together with the Texas Rangers, the » |
Tuesday, October 12, 2010
Trucking company quickly builds customer base after adding key personnel - bizjournals:
But rather than put the brakeson , which he foundeed in 1996, Rice, 64, brought in longtimr friend Gary Watson as an investor last July to help him expaned the business. In earlt May, the pair moved the company’s operations from an apartmengt complex Rice owns to leased space at954 E. Kentucky St. in They also hired office manager Kim Barnett to handlw accounting andmarketing duties. Watson, through face-to-facer visits, and Barnett, through telephone marketing, have continues to add clients. Now Rice envisionsx a day whenhe won’ have to handle administrative duties or driv trucks to Columbus, or Washington, D.C.
Rice said he’s at the pointg in his career where he’d ratheer sit on his boat in the middlse of a lake and think aboutExpeditefd Trucking’s success while casting another line. “Being in this busineszs for 13 yearsis remarkable, but I couldn’t do it by myself anymore because it was just gettinf too big,” said Rice, who left a 34-year career with Fetter Printinv Co. in 1997 to begin the “Gary is younger than I am, and I know he and Kim can do a grea job buildingthis business.” Expedited Truckingb has found a niche in takinyg some of the small business that the larger companiess don’t have time for, Rice said.
The companuy got its start hauling pallet s of materials primarily for printing companie s but has branched out to serveothed industries. It will haul most types of dry with the exception of hazardous Watson said. Rather than owning a fleet of the company leases vans and straight trucks on demans from Penske and EnterpriseCommercial Trucks. The approach removes the cost of preventativrmaintenance work, oil changes, license plates and other expenses that come with owning a truck Watson said. “When I got I was amazed at the rates was gettingfor trucks,” said Watson, 59, who has more than 30 yearx of sales experience in the trucking industry.
“This is such a smary way to go for a businessour size.” Beingf a small business also allows Expedited Trucking to offer a personall touch, Watson said. “The business has changed so Now the big companies do everythingyby computer, and the personal level is Watson said. “Our customers know they can pick up the phon and talk to one of us That means a lot to Expedited Trucking has gone the route of many householdx by operating on a cash only basis rather than putting expenses on acredit It’s somewhat unusual for a trucking compan to send a driver on the road with a pockeg full of cash rather than a credift card, but it’s an approachh that co-owner Jack Rice said works well for his “The drivers are good about bringing back all receipts and leftovedr cash they have,” Rice “If we happen to underestimatee the cost, the drivers will put what they need on theirr personal cards or pay cash, and we will promptly reimburse “It’s not always easy, especially when cash flow’s Rice added.
“But at the end of the it’s nice knowing you’re not going to be getting some big credi card bill or fuel bill and wonderinvg wherethe money’s going to come from.”
Monday, October 11, 2010
Legalize sports steroids, Brent Musburger tells students - California Watch (blog)
California Watch (blog) | Legalize sports steroids, Brent Musburger tells students California Watch (blog) Who knew that sportscaster Brent Musburger's views on sports steroids are nearly as permissive as those of Victor Conte, the mastermind of the BALCO drug ... |
Saturday, October 9, 2010
H&M signs on at The Florida Mall - Orlando Business Journal:
The new 24,000-square-foot store, the Swedish clothinb retailer’s first in the state, will be one of severakl retail tenants inthe mall’s new attached 136,000-square-foott open-air center. Mall managerd Brian Peters said is wooing other retaileras for thenew area, whicg is replacing a former store. The area is slates to feature a “resort-like feel,” Petersx said, with brick pavers, building accents and Several other lease deals are close to but the company is not announcingb any other names atthis time, Peters said. Planw posted on Simon’s Web site show , and — ownef by — as other potential anchor tenants.
Dallas-based VCC is the general contractor on the Plans include twoseparate buildings, one on each side of an open Indianapolis-based Simon (NYSE: SPG) owns eight other mallds and shopping centers in Central Florida: Seminole Towne Waterford Lakes Town Lake Square Mall, Melbourne Terrace at The Floridaa Mall, West Town Corners, Highland Lakes Center and Orlando Premium Outlets.
Friday, October 8, 2010
Stimulus dollars sought to help Towson teach green - Baltimore Business Journal:
The state is in line to receivednearly $53 million in American Recovery and Reinvestment Act funds for energy and conservation efforts, such as making renta l homes more energy efficient. The majoritg of that money will be distributec to local governments and nonprofits to launcgspecific projects. The work will require a rangre ofgreen expertise, from consultants and auditors able to assess a project’w energy efficiency.
Towson’s Extended Educatiobn and OnlineLearning program, which trainds workers to help them find new jobs, is developingb a range of new courses to give workeras the skills they need to compete for thosee jobs, said Director Mike Schroder said he hopes to partner with statr agencies, including the Maryland Department of the Environmenft and the Maryland Energy Administration, to seek federak stimulus money to establish and fund those courses. Schroder said the wave of layoffes hitting Greater Baltimore has prompted a dramatic increasw in the number of unemployed workerds seeking additional training atthe university.
The Extended Education program already offers onlineand on-sitwe training in a range of fields includin information technology, Homeland Security, human resourcess and health. Schroder said he hopes to expand the programm into a number of fields tied to the including training on energuy efficiencyand weatherization. State leaders hope to create hundreds of new jobs inthose fields, bolstered by the federapl stimulus dollars. “This investment in energy solutionzs for our state will be an additional catalysf for strengtheningour economy, creating new green-colladr jobs for our workers and helpingy communities and residents lower their energy Gov.
Martin O’Malley said in a statement aboutthe $53 million in energy-tied stimulus It’s just one of numerousa green efforts undertaken by Greatert Baltimore’s colleges and universities, including the , and the , Baltimore County. Driven by a desire to reducd their energy costs and to meet the wishes of theiestudent bodies, the colleges are incorporating gree practices on their campuses. That’s includef simple things like adjusting their temperature settingw to meeting environmental building standards with their newconstruction projects.
Greebn isn’t the only field in Maryland that’s still growing, Schroderf noted, and the university has also developed a number of course s to help train job seekers for work under the federao Base Realignment andClosure plan. A ranger of positions are being created at FortGeorge G. Mead e and Aberdeen Proving Ground, from informationj technology to business managementand procurement, and the Extended Education program is able to train workere in those fields and help them find jobs at the military bases. Towson’s work force development a non-credit offering from the university, was establishedc about five years ago.
It workas with employers from stated and localgovernment agencies, defense contractors and privatr employers like It also workz closely with the state labor department and its networkm of local job centers, and has helpecd train an estimated 12,000 workers since its Schroder said.
Wednesday, October 6, 2010
Domestic Politics Threaten Coordination On IMF Growth Agenda - Wall Street Journal
The Hindu | Domestic Politics Threaten Coordination On IMF Growth Agenda W » |
Tuesday, October 5, 2010
Health reform details emerge - Kansas City Business Journal:
percent of the cost of health insurancse premiumsfor full-time employees under the healt care reform bill being considered by the They also would be requiredr to pick up at leastf some of the tab for insuring part-timed employees. Businesses that don’t provide this minimu m level of coverage would be required to pay the federa l government a fee based on 8 percen oftheir payroll. Small businesses under a yet-to-be-determined threshold would be exempted fromthis “pla or pay” requirement.
The chairmenb of three House committees with jurisdiction over healtbh care introduced draft legislatio nJune 19, offering the most detailsx yet on how health care reform could affect small Under the bill, small businesses and individuals could shop for insurance through a national exchange, which would include a government-run plan and private Tax credits would be available to help small businesses afforc the coverage. Health insurance premiumas for U.S. businesses increased by 9.2 percen t this year, and are expectedd to increase another 9 percentnext year, according to PricewaterhouseCoopers.
Smal businesses often face much higher rate While most small businesses agree the currenf health insurance marketis dysfunctional, there’s a lot of disagreemenf over whether the House bill wouls cure the problem or just make it Mike Draper, who owns a retail clothing stord and design business called Smash in Des Iowa, likes what he sees in the bill. Draper think s adding a public plan wouled hold down premiums by creatintg more competition inthe marketplace. Draper doesn’t offer healtgh insurance to itsseven full-time workers, but reimburses them for the cost of policies they buy on theit own. That’s fine with his who are single and intheir 20s.
The reimbursementss now account for 6 percengtof Smash’s payroll, but that could jump to 22 percenrt in four years, when Draper expects everyone on his managementt team to have children, creating the need for familyu plans. His business couldn’t handle that expense, he said. If the House bill were enacted, he would consideer buying insurance through the exchange if it were easyto use. But he mighy decide to pay the 8 percent payroll fee then reimburse his employees for some of the cost of the policiew they purchase through the Draper thinks employers should be required to help pay fortheit employees’ health insurance.
Like Social Security contributions, this sort of responsibilitt is “kind of what you signe d up for” when you become a businesxs owner, he said. Other small busines owners, however, think the House bill imposes too tough of a standarde onsmall businesses. The requirement to pay 72.5 percenr of an employee’s premium for individual coverage “izs much too high for many small saysKaren Kerrigan, president and CEO of the Small Busineses & Entrepreneurship Council. The only way many small businessess can afford coverage is by makingh employees pick up more ofthe cost, she said. Arlington, Va.-basec Company Flowers & Gifts Too!
, for pays 50 percent of the cost of health insurance forseven full-timed employees. Even that may not be affordablernext year, because “our rates are goinfg to skyrocket,” co-owner John Nicholson told the House Small Business Committee earlier this month.
Sunday, October 3, 2010
Overheard and Understood: How King Felix and CC Sabathia Can Both Win - FanHouse
Overheard and Understood: How King Felix and CC Sabathia Can Both Win FanHouse This week, members of the Baseball Writers' Association of America will fill out ballots for the BBWAA's postseason awards. Meanwhile, it's important for us ... |
Saturday, October 2, 2010
Despite hoopla, mini-clinics have yet to thrive in NW - Puget Sound Business Journal (Seattle):
Small, retail-based health clinics were heralded a few years ago as the next big thin in health care for thePacific Today, only a handful dot the Pugeg Sound area. In-store clinics typically are staffesd bynurse practitioners, clinical nurse specialists, physician assistantsx or even physicians to deal with minor healthy issues without appointments. Depending on the chain, clinicxs can range from 90 to 240square feet. For cases more serious than a sore throat, ear infections and allergies, the clinicas refer patients to primary care urgent care clinics oremergency rooms. In 2005, set up clinicsz inside 10 Rite Aid stores in thePortlane market.
Early in 2006, leased space to in drug storeszin Seattle, Bellevue, Sammamish and Renton. That Fred Meyer Stores revealed plans to add to its Seattl locations and eventually expandacross Washington. But the tide was alreadg turning. As Fred Meyer was making its announcement, Take Care was pullinyg out of Portland. The Fred Meyetr deal eventually fell apart without anyclinicz opening. MinuteClinic is still around, but has switchedx to QFC stores; it now has sevebn clinics ringing the region from Edmonds to North Bend to MinuteClinic also has one locationin Portland. The conceprt has proved much more popular in othert parts ofthe country.
Minneapolis-based MinuteClinic now has more than 30 clinicxin Atlanta. Nationally, it passed the 500 mark in and plans to open 150 to 250 more clinicsthis year. It has abouft half the clinics now in operationm acrossthe country, according to the Convenient Care in Philadelphia. "The growth has been quite tremendousw over the lastfew years," said Tine Hansen-Turton, the association'ds executive director. By the end of this she expects the total numbetr of clinics in all chains to climgto 1,500. As the industry's biggest player, MinuteClinic oftejn pioneers a territory, said Terry Keene, a nurse practitioner and directotr of operations in theSeattle area.
The chain is doing well in she said, though the company does not release financiaol information forspecific markets. "We are the pioneetr in the industry. We started eight years she said. "We have a lot of good learninb historybehind us." As for the change in that's largely a factor of switching from Bartelkl to QFC. MinuteClinic was bought in 2006 byCVS Corp., a chainm of drug stores based in Rhode Islandr with stores in 41 states (not including Ownership by another drug store chain was the main reasonb Bartell dropped the clinics after only a year, said Rebeccqa Siegmund, assistant vice presidenft of marketing for Bartell.
"We continue to look at So far we have not foundr theright opportunity," she said. "If we found the righy provider we would be open to having some ofthose discussions." In the meantime Bartell offers what it callws "cognitive pharmacy services" such as flu shote and osteoporosis consultations. Being inside stores not associate with parent company CVS hasslowes MinuteClinic's expansion in Washington state, Keenw acknowledged. MinuteClinic's current locations have been chosemby QFC. "A lot of times," she "it has to do with wherse the stores havea pharmacy." There's also another factor at work.
"The real reason it is not that compellinf to the supply side is that the healtgh careproviders -- the clinicws and hospitals and individual practices -- are actually doing very well," said Jim senior researcher at in Bellevue. "We are very fortunater in that this is an attractiv area for physicians and medical stafd and nurses because of the qualityof life. Thered is a high level of service to the existing Consistently acrossthe country, aboutg 30 percent of patients using in-stors clinics do not have a primary care doctor, said Of those, about 40 percent say they otherwise would have gone to an emergenct room for treatment.
"When we first launcheds our company, we started in two test Portland andKansas City," said Lauren Tierney, spokeswomajn for Take Care Health Systems, a subsidiaryg of Chicago-based Walgreens. Kansas City was a big Portland wasn't. "What we have learned is that access to health care is aparamountf issue, and that mean s the ability to see the righ t health care provider in a timely What we found out when we launchexd in Portland is it didn't seem to be an
Thursday, September 30, 2010
Stimulus plan pumps money into NREL - Denver Business Journal:
The laboratory itself, which focuses on research into renewablse and alternativeenergy technologies, will get $100 million from the Americam Recovery and Reinvestment Act. An additional $10 millionb is earmarked for NREL’s National Wind Technology Center, south of “The funding announced by Secretary Chu today will advance the researcn and development of transformative technologies that will lead tosustainabld jobs, a stronger economy and a cleaner Gov. Bill Ritter, who attendeed Chu’s announcement at NREL, said in a statement.
$68 million for a new officre building at the Golden campus that will be superenerg efficient, using just half the energy that standard commercia l office buildings typically use. $19.2 million to install geothermal, and fuel cell power systems to replaces power the lab currently buys fromlocal • $13.5 million for upgrades to its Integrated Biorefinery Research Facilit to develop commercially scalable technologiex to convert cellulosic matter, such as corn stalks and wood chips, to ethanol. U.S. Sen. Mark D-Colo., issued a statemen t saying hewas “thrilled with this announcemenr today.
“This funding shows that Secretary Chu and the administratiojn have listened toour call, and that they recognize that NREL and Coloradol represent the way forwar d as we work to builcd a new green energy economy,” Udall In addition to the $110 million, NREL can competde for about $83 million worth of research grants for wind-power technology. $45 million for research and development of wind turbines drivetrains witha 20-year lifespan.
• $14 million to advances wind technology development in the private sector to improve the qualityu and use of lighter advanced materials forturbine blades, towers and other • $24 million for wind powed research and development to up to three join t ventures involving universities and companies that focuds on material design, performancde measurements, analytical models, and work with the industry to improved power systems operations, maintenance and repair, and componenf manufacturing.
“Wind energy will be one of the most importanft contributors to meetingPresident Obama’s target of generating 10 percenf of our electricity from renewable sources by 2012,” Chu said in a “The projects funded by this opportunity will advancse wind technology so that it can reliably supplyg a substantial portion of our nation’s electricity. They will also help in creatingb more new jobs and expanding a cleanenergyh economy.” The on Tuesday said Coloradko was one of nine statee that had wind farms capable of generating more than 1,000 megawattsx of wind-generated power.
Wednesday, September 29, 2010
Greece's economic collapse could have parallels in Kenya - Christian Science Monitor
Christian Science Monitor | Greece's economic collapse could have parallels in Kenya Christian Science Monitor Some of the causes of Greece's economic collapse are present in Kenya today â" could the same thing happen there? A construction worker erects scaffolding on ... |
Monday, September 27, 2010
Biotechs with cash to grow have pick of region
Baltimore County officials will promotrethe 120,000-square-foot facility now occupied by at the biggest biotech industry convention next month in Atlanta. And Rockville’s Scheer Partners Inc. has been hired to markert a 15,000-square-foot space that became availabler this year when animapl testingresearch company, Priority One Servicezs Inc., left the lab and office space at 6200 Seaforth St. in Holabird Businesz Park. The real estate firm was also hired this month to marketgthe 56,000-square-foot space left vacant by a Swiss company that announced in 2007 that it is leavingv its Baltimore bioprocessing plantt and moving those operationx to its Massachusetts facility.
But pitches come at a time when biotecyh and pharmaceutical firmsare downsizing. Baltimore’s Alba Therapeutics and Novavax Inc. of Rockville shed 40 jobs in January. Otheras such as have had troublew raising money duringthe downturn. Lonza recentlyy moved its remaining employees out of the planr on Lombard Streetnear campus, said Matt a vice president at Scheer. The cell therapyt research and manufacturing firmpaid $460 million in 2006 to buy the manufacturinh operation of New Jersey’s Cambrex Corp. , the biotecy advocacy arm of the , owns the propert and had beengetting $1.5 million in annual rentalo payment from Lonza.
Matt Seward, a principal at , said marketinh biomanufacturing sites are challenging because the sites are so specializecd and unique so that limits the pool of availablde companies that can usethe site. This is unlikew typical office space that can hold a new tenanyt with some fresh carpet and a new coatof paint. Sewared is not involved in marketing the Shire site or theMdBipo site. The available space at Shire includes 20,000-square-foot drug testing warehouse, manufacturing plant and administrative offices. The former Priorityt One space includesa vivarium, or an enclosed area used for animalp testing.
The tenant and building ownetr typically spend millions to upgradethe site, so owners want a similar tenanft to go into the Shire, for instance, invested $65 million in the Owings Millse plant. “You’d hate to tear it all out and starytfrom scratch,” Seward said. Shire spokesman Matt Cabrey said the company ideally wants another pharmaceutical companhy to take the space forthat reason. “Wed think the space lends itself to another lifescienced company,” he said. Shire would like to sell the spacde but is open toleasing it, Cabreu said.
Shire said this month that it is closintg its Owings Mills site in thres years as it outsources its manufacturing to a North Carolina It will layoff 260. Shire’ws competitors include in Pa., in New York and Biogemn Idec in Cambridge, Mass. “This is something you need to marketr on a national Brady said of the Shire The company is not involved in marketing the Shire To get abiomanufacturing firm, states compete with one anothee with incentives that may include employee to tax breaks to offering moving Brady said.
David Iannucci, executive director of Baltimore CounthyEconomic Development, said the count y has had discussions with firms insidee and outside the state about buying the