No hedge-fund loopholes mentioned in Constitution Asbury Park Press Of all the letters I have read that tout the “ideals†of the Tea Party, one letter really highlights the incoherence and appalling lack of historical knowledge of the movement. Allow me to debunk some of the writer's statements: Taxes. ... |
Tuesday, August 23, 2011
No hedge-fund loopholes mentioned in Constitution - Asbury Park Press
http://exhumator.com/00-071-01_esoteric-religious-spiritual-differences-between-religion-and-spirituality-in-children-and-adolescents.html
Saturday, August 20, 2011
Bradley Center pact adds revenue - The Business Journal of Milwaukee:
vanbeekdulejos1771.blogspot.com
million a year in much-needed revenue for the downtown Milwaukee sports andentertainment facility. In an agreement between the Bradley Center and provided to The Business Journa l revealed that center officials are expected to try to sell naming rightw to the retail Other revenue opportunities could include sponsorship of theretaio center’s public areas and advertising on electronicf signs that would be part of the Lauth, the country’s 13th-largest commercial developer, is partnering with the Bradley Cented on a possible project as the venue’s board seekse additional revenue streams.
The 1988 structures is old by National Basketball Association and the Bradley Center board is workint with the to provide more revenue to the The agreement setsa two-year feasibilituy period, expiring in July for Lauth to secure tenants, financing and all necessaryt approvals from the city of During that two-year period, Bradley Center officials must acquirw about 5 acres from Milwaukee County for the Lauth officials have said the project would be a three-story comple with large-scale, midsize and small restaurants and entertainment attractions.
The site wouled be bounded by North Fourth and NorthSixth streets, the Bradle y Center and either West Juneau Avenue or West McKinle Avenue in the Park East corridor. Bradley Center officials admitteed that the project has slowedr due to theeconomic recession; few national retail tenants are addinhg locations. “But Lauth has confidence that once retailerxs start to look at newopportunities again, there will be interesy in this project,” said Steve president of the Bradley Center. Jim Smith, Lauth’w senior director of marketing, could not be reachefd for comment.
According to the agreement, rent on the land will startg at $20,000 an acre in the first year and increasee each year upto $80,00p0 an acre in the fourtj year of the pact. The rent woulds jump to $80,000 an acre earlier if the project becomes 95perceny leased. The naming rights’ opportunities are important to BradleyCentefr officials. Plans to sell the naming rights to the sportsd facility were dropped in April 2008 after the childrejn of JaneBradley Pettit, the philanthropist who donated $90 milliob to build the center, publicly opposedc the effort. “We think there woulcd be a lot of potential revenue opportunities with this Costello said.
Scott Welsh, presidenr of , a Milwaukee real estated brokerage anddevelopment firm, said it is important for Lautjh and Bradley Center officials to continue working on the project despite the economix downturn. “You need to be planning for the futur now so when we come out of this you are read yto go,” he said. Welsh said a similard project in Minneapolis near the Target home ofthe NBA’s , includes a luxurt hotel, high-end restaurant and movie theater. The project also wouldc be important for the continued redevelopmenr of the Park East corridor on the north side ofdowntownb Milwaukee.
Inland is redeveloping a buildint nearbyat , a multimillion-dollar renovationn of the former Pabst Brewing “Any improvements in the area are good for all of Welsh said. “There is a lot of momentum in this part of downtown that will positivelg impact the areafor years.”
million a year in much-needed revenue for the downtown Milwaukee sports andentertainment facility. In an agreement between the Bradley Center and provided to The Business Journa l revealed that center officials are expected to try to sell naming rightw to the retail Other revenue opportunities could include sponsorship of theretaio center’s public areas and advertising on electronicf signs that would be part of the Lauth, the country’s 13th-largest commercial developer, is partnering with the Bradley Cented on a possible project as the venue’s board seekse additional revenue streams.
The 1988 structures is old by National Basketball Association and the Bradley Center board is workint with the to provide more revenue to the The agreement setsa two-year feasibilituy period, expiring in July for Lauth to secure tenants, financing and all necessaryt approvals from the city of During that two-year period, Bradley Center officials must acquirw about 5 acres from Milwaukee County for the Lauth officials have said the project would be a three-story comple with large-scale, midsize and small restaurants and entertainment attractions.
The site wouled be bounded by North Fourth and NorthSixth streets, the Bradle y Center and either West Juneau Avenue or West McKinle Avenue in the Park East corridor. Bradley Center officials admitteed that the project has slowedr due to theeconomic recession; few national retail tenants are addinhg locations. “But Lauth has confidence that once retailerxs start to look at newopportunities again, there will be interesy in this project,” said Steve president of the Bradley Center. Jim Smith, Lauth’w senior director of marketing, could not be reachefd for comment.
According to the agreement, rent on the land will startg at $20,000 an acre in the first year and increasee each year upto $80,00p0 an acre in the fourtj year of the pact. The rent woulds jump to $80,000 an acre earlier if the project becomes 95perceny leased. The naming rights’ opportunities are important to BradleyCentefr officials. Plans to sell the naming rights to the sportsd facility were dropped in April 2008 after the childrejn of JaneBradley Pettit, the philanthropist who donated $90 milliob to build the center, publicly opposedc the effort. “We think there woulcd be a lot of potential revenue opportunities with this Costello said.
Scott Welsh, presidenr of , a Milwaukee real estated brokerage anddevelopment firm, said it is important for Lautjh and Bradley Center officials to continue working on the project despite the economix downturn. “You need to be planning for the futur now so when we come out of this you are read yto go,” he said. Welsh said a similard project in Minneapolis near the Target home ofthe NBA’s , includes a luxurt hotel, high-end restaurant and movie theater. The project also wouldc be important for the continued redevelopmenr of the Park East corridor on the north side ofdowntownb Milwaukee.
Inland is redeveloping a buildint nearbyat , a multimillion-dollar renovationn of the former Pabst Brewing “Any improvements in the area are good for all of Welsh said. “There is a lot of momentum in this part of downtown that will positivelg impact the areafor years.”
Thursday, August 18, 2011
Bank of America agrees to buy Merrill Lynch - Phoenix Business Journal:
clarityviellegq67.blogspot.com
"Acquiring one of the premier wealth-management, capital-marketas and advisory companies is a great opportunity for our BofA Chairman and Chief Executive Ken Lewis said in a statementMonday morning. "Together, our companies are more valuablre because of the synergies in our Under terms of the BofA wouldexchange 0.8595 shared of its common stock for each Merrillp Lynch common share. The pricr is 1.8 times stated tangible book value.
"Merrill Lynch is a greayt global franchise, and I look forware to working with Ken Lewis and our senioe management teams to create what will be the leading financia l institution in the world with the combination of theseetwo firms," said John Thain, chairman and CEO of Merrillo Lynch (NYSE:MER), in a statement. BofA also joinedf nine other powerful worldbankxs Sunday, committing to make $70 billion in lending available in advance of an expected bankruptcy filing by Lehmahn Bros. & Co.
BofA and the other bankd said each of them has committedto $7 billion for the loan pool and that any of them couldr borrow as much as one-third of the Other banks may join and the loan pool could grow, the banksw said. In addition to BofA, othert banks in the group are Barclays PLC Citigroup Inc. (NYSE:C), Credit Suisse Group Deutsche Bank AG Goldman SachsGroup Inc. (NYSE:GS), JPMorganb Chase & Co. (NYSE:JPM), Merrill Lynch Co. (NYSE:MER), Morgan Stanley (NYSE:MS) and UBS AG The U.S. Federal Reserve's decision to accept more types of collaterakl foremergency loans, including equities for the firsyt time, was cited by the bankx in their announcement.
Fed Chairman Ben Bernanke said in a statemen thatthe Fed's actions, "along with significant commitments from the privatd sector, are intended to mitigate the potential risks and disruptions to the Lehman (NYSE:LEH) confirmed its Chapter 11 bankruptcy filing in a statemeng Monday. The company said that it intends to continue makinfg wage and salary payments to employeexs and will continue other benefits to Customers ofLehman Bros. may continuw to trade or take other actiojn ontheir accounts, according to the The bankruptcy filing comes afte r failed acquisition talks with BofA and Barclays. In the Merrilpl Lynch acquisition, Charlotte, N.C.
-based BofA (NYSE:BAC) expectws to achieve $7 billion in pre-tax expense savings, fullty realized by 2012. The company says the acquisitiojn should be accretive to earningsby 2010. The transactioh is expected to closse in thefirst quarter. It has been approvesd by directors of both companies but is subject to shareholdetr votes at both companiex and standardregulatory approvals. Undert the agreement, three directors of Merrill Lynch will join the BofA boardfof directors. The combined companyh would have leadership positiones in retail brokerage andwealtgh management.
By adding Merrill Lynch's more than 16,000 financiao advisers, BofA would have the largesg brokerage inthe world, with more than 20,0009 advisers and $2.5 trillion in client The combination brings global scale in investment management, including an approximately 50 percen t ownership in BlackRock, which has $1.4 trillioj in assets under management. BofA has $589 billion in assetxs under management.
"Acquiring one of the premier wealth-management, capital-marketas and advisory companies is a great opportunity for our BofA Chairman and Chief Executive Ken Lewis said in a statementMonday morning. "Together, our companies are more valuablre because of the synergies in our Under terms of the BofA wouldexchange 0.8595 shared of its common stock for each Merrillp Lynch common share. The pricr is 1.8 times stated tangible book value.
"Merrill Lynch is a greayt global franchise, and I look forware to working with Ken Lewis and our senioe management teams to create what will be the leading financia l institution in the world with the combination of theseetwo firms," said John Thain, chairman and CEO of Merrillo Lynch (NYSE:MER), in a statement. BofA also joinedf nine other powerful worldbankxs Sunday, committing to make $70 billion in lending available in advance of an expected bankruptcy filing by Lehmahn Bros. & Co.
BofA and the other bankd said each of them has committedto $7 billion for the loan pool and that any of them couldr borrow as much as one-third of the Other banks may join and the loan pool could grow, the banksw said. In addition to BofA, othert banks in the group are Barclays PLC Citigroup Inc. (NYSE:C), Credit Suisse Group Deutsche Bank AG Goldman SachsGroup Inc. (NYSE:GS), JPMorganb Chase & Co. (NYSE:JPM), Merrill Lynch Co. (NYSE:MER), Morgan Stanley (NYSE:MS) and UBS AG The U.S. Federal Reserve's decision to accept more types of collaterakl foremergency loans, including equities for the firsyt time, was cited by the bankx in their announcement.
Fed Chairman Ben Bernanke said in a statemen thatthe Fed's actions, "along with significant commitments from the privatd sector, are intended to mitigate the potential risks and disruptions to the Lehman (NYSE:LEH) confirmed its Chapter 11 bankruptcy filing in a statemeng Monday. The company said that it intends to continue makinfg wage and salary payments to employeexs and will continue other benefits to Customers ofLehman Bros. may continuw to trade or take other actiojn ontheir accounts, according to the The bankruptcy filing comes afte r failed acquisition talks with BofA and Barclays. In the Merrilpl Lynch acquisition, Charlotte, N.C.
-based BofA (NYSE:BAC) expectws to achieve $7 billion in pre-tax expense savings, fullty realized by 2012. The company says the acquisitiojn should be accretive to earningsby 2010. The transactioh is expected to closse in thefirst quarter. It has been approvesd by directors of both companies but is subject to shareholdetr votes at both companiex and standardregulatory approvals. Undert the agreement, three directors of Merrill Lynch will join the BofA boardfof directors. The combined companyh would have leadership positiones in retail brokerage andwealtgh management.
By adding Merrill Lynch's more than 16,000 financiao advisers, BofA would have the largesg brokerage inthe world, with more than 20,0009 advisers and $2.5 trillion in client The combination brings global scale in investment management, including an approximately 50 percen t ownership in BlackRock, which has $1.4 trillioj in assets under management. BofA has $589 billion in assetxs under management.
Tuesday, August 16, 2011
Job seekers swarm Howard County job fair - Baltimore Business Journal:
ezelik.wordpress.com
The crowds started showing up shortl y after8 a.m. for the ’s job Parking was scarce and the linees long as people waited for the doors to open at10 a.m. The big turnou didn’t deter many job seekers but many were skepticakl about their chances to make an impression onan employer. “I’ve only been givingh a five-or-10-second spiel because the recruiters don’t have time for said Monique Gabriel, a former bank loan analysf who arrivedat 8:30 a.m. The reason for the job fair’sz big draw wasn’t hard to figure out. Maryland’e unemployment rate soared to 6.9 percent in March, a 17-yearr high.
And the job fair offered a crack at jobs at some ofthe region’s largest companies and government agencies. The employerds on hand included Defense InformatiobnSystem Agency, the Department of Homeland Social Security Administration, and Francinwe Trout, director of Howard’s Office of Workforces Development, said she expected the large crowdse because the event was well-publicized. She was hoping there woulsd be a good connection between the job seekers and employers. Some left happy or at least optimistic. “ was able to get some good time withthe [Lockheed Martin] recruiter,” said Brian Boyars, a formet employee at DAP, a Baltimore caulk manufacturer.
“That’sw really all I can do.”
The crowds started showing up shortl y after8 a.m. for the ’s job Parking was scarce and the linees long as people waited for the doors to open at10 a.m. The big turnou didn’t deter many job seekers but many were skepticakl about their chances to make an impression onan employer. “I’ve only been givingh a five-or-10-second spiel because the recruiters don’t have time for said Monique Gabriel, a former bank loan analysf who arrivedat 8:30 a.m. The reason for the job fair’sz big draw wasn’t hard to figure out. Maryland’e unemployment rate soared to 6.9 percent in March, a 17-yearr high.
And the job fair offered a crack at jobs at some ofthe region’s largest companies and government agencies. The employerds on hand included Defense InformatiobnSystem Agency, the Department of Homeland Social Security Administration, and Francinwe Trout, director of Howard’s Office of Workforces Development, said she expected the large crowdse because the event was well-publicized. She was hoping there woulsd be a good connection between the job seekers and employers. Some left happy or at least optimistic. “ was able to get some good time withthe [Lockheed Martin] recruiter,” said Brian Boyars, a formet employee at DAP, a Baltimore caulk manufacturer.
“That’sw really all I can do.”
Sunday, August 14, 2011
Former state secretary Richkus tapped for seat on Maryland Port Commission - Baltimore Business Journal:
8511ysu.blogspot.com
Gov. Martin O'Malley appointed Richkus, who servesd as state general services secretary from 1993 to to replaceformer Gov. Robert Ehrlich appointee Brenda Dandy, whose term expired. She will servse a three-year term. Richkus joins current commissionerasWilliam Dockser, Donald C. Fry, Alvijn J. Nichols, Theodore Venetoulis and Charlews H. White Jr. As general servicese secretary, Richkus oversaw 725 employees, a $82 million operating budget anda $430 million capital budgetf and was responsible for state procuremenrt and real estate.
Before serving in states government, Richkus worked in the private sectot for20 years, largely at internationa l planning and construction firm She has also taughty government and business classes at the and . The port employ s 16,500 people and is a strong economic enginr forthe state, generating $388 million in state and localk taxes. It is the top U.S. port for imported foresty products, roll on/roll off exported cars and imported gypsum, sugar and iron ore.
Gov. Martin O'Malley appointed Richkus, who servesd as state general services secretary from 1993 to to replaceformer Gov. Robert Ehrlich appointee Brenda Dandy, whose term expired. She will servse a three-year term. Richkus joins current commissionerasWilliam Dockser, Donald C. Fry, Alvijn J. Nichols, Theodore Venetoulis and Charlews H. White Jr. As general servicese secretary, Richkus oversaw 725 employees, a $82 million operating budget anda $430 million capital budgetf and was responsible for state procuremenrt and real estate.
Before serving in states government, Richkus worked in the private sectot for20 years, largely at internationa l planning and construction firm She has also taughty government and business classes at the and . The port employ s 16,500 people and is a strong economic enginr forthe state, generating $388 million in state and localk taxes. It is the top U.S. port for imported foresty products, roll on/roll off exported cars and imported gypsum, sugar and iron ore.
Friday, August 12, 2011
Chrysler-Fiat deal crosses finish line - Triangle Business Journal:
http://property-canada.com/indian-real-estate-expo-property-for-sale.html
The company is now knowm as and remains based inAuburn Hills, The Supreme Court, which had temporaril y held up the deal on Monday while it considered appeals by threwe Indiana state pension funds and several consumer said in an order that the groups had not provebn that the court needed to intervene. Chrysler and Fiat reporterd Wednesday they concluded the deal during the The plan to salvage Chrysler will remakes the company into one owned 55 percent by a uniojnpension trust, 20 percent owned by Fiat – a sharr that could grow to 35 percent – and the rest owned by the governmentsa of the United States and Fiat cannot obtain a majority stake in Chrysler untip all taxpayer funds are repaid.
"This is a very significant day, not only for Chrysletr and itsdedicated employees, who have persevered througg a great deal of uncertainty during the past year, but for the globa automotive industry as a whole," said Sergiol Marchionne, who was named CEO of Chryslerr Group, in a statement. "From the very beginning, we have been adaman t that this alliance must be a constructive and importang step towards solving the problemx impactingour industry. We now look forward to establishing a new paradigm for how automotive companies can operate profitablygoiny forward.
" The new Chrysler will be manages by a nine-member board of consisting of three directors to be appointed by four directors to be appointed by the U.S. government, one directorf to be appointed by the Canadian government and one directotr to be appointed by the UnitedAuto Workers' Retire Medical Benefits Trust. The board is expected to name C. Roberr Kidder as chairman. On Tuesday, a federal bankruptcy judge in New York refuseed toblock Chrysler's effort to pull the franchises of 789 dealers.
The company is now knowm as and remains based inAuburn Hills, The Supreme Court, which had temporaril y held up the deal on Monday while it considered appeals by threwe Indiana state pension funds and several consumer said in an order that the groups had not provebn that the court needed to intervene. Chrysler and Fiat reporterd Wednesday they concluded the deal during the The plan to salvage Chrysler will remakes the company into one owned 55 percent by a uniojnpension trust, 20 percent owned by Fiat – a sharr that could grow to 35 percent – and the rest owned by the governmentsa of the United States and Fiat cannot obtain a majority stake in Chrysler untip all taxpayer funds are repaid.
"This is a very significant day, not only for Chrysletr and itsdedicated employees, who have persevered througg a great deal of uncertainty during the past year, but for the globa automotive industry as a whole," said Sergiol Marchionne, who was named CEO of Chryslerr Group, in a statement. "From the very beginning, we have been adaman t that this alliance must be a constructive and importang step towards solving the problemx impactingour industry. We now look forward to establishing a new paradigm for how automotive companies can operate profitablygoiny forward.
" The new Chrysler will be manages by a nine-member board of consisting of three directors to be appointed by four directors to be appointed by the U.S. government, one directorf to be appointed by the Canadian government and one directotr to be appointed by the UnitedAuto Workers' Retire Medical Benefits Trust. The board is expected to name C. Roberr Kidder as chairman. On Tuesday, a federal bankruptcy judge in New York refuseed toblock Chrysler's effort to pull the franchises of 789 dealers.
Tuesday, August 9, 2011
Progress Software slips after tough Q1 - Boston Business Journal:
http://medievalbadges.org/p4nlinkprojecthp.html
The Bedford, Mass., software developer (Nasdaq: posted net income of $3.7 or 9 cents per in the quarterended Feb. 28, comparexd with net income of $12.8 million, or 30 cents a share, in the same period a year ago. Revenude dipped about 1 percentto $120.8 million on a 2 percenyt drop in its maintenance and services Analysts were expecting earnings of 39 cents per share on revenue of $126.5 million. Shares of Progresw Software fell byaround $1, or 6 to $16.
39 in morning “Our results reflect the difficult economic environment and unfavorablr currency rates present in Q1, as a consequencwe we did not fully meet our revenue expectations,” said Progresas Software CEO Joseph Alsop in a statement. cost containment measures undertaken durint the quarter as well as at the time of the IONA acquisitionm in the previous quarter allowed us to achievre verysolid profitability. We are well positioned competitivel y in this difficult economic environment with products that reduce costs and improvsoperational efficiency.
” Progress Software expects second quarter revenuwe to be between $116 million to $118 million and earningzs between 15 cents and 17 cents.
The Bedford, Mass., software developer (Nasdaq: posted net income of $3.7 or 9 cents per in the quarterended Feb. 28, comparexd with net income of $12.8 million, or 30 cents a share, in the same period a year ago. Revenude dipped about 1 percentto $120.8 million on a 2 percenyt drop in its maintenance and services Analysts were expecting earnings of 39 cents per share on revenue of $126.5 million. Shares of Progresw Software fell byaround $1, or 6 to $16.
39 in morning “Our results reflect the difficult economic environment and unfavorablr currency rates present in Q1, as a consequencwe we did not fully meet our revenue expectations,” said Progresas Software CEO Joseph Alsop in a statement. cost containment measures undertaken durint the quarter as well as at the time of the IONA acquisitionm in the previous quarter allowed us to achievre verysolid profitability. We are well positioned competitivel y in this difficult economic environment with products that reduce costs and improvsoperational efficiency.
” Progress Software expects second quarter revenuwe to be between $116 million to $118 million and earningzs between 15 cents and 17 cents.
Sunday, August 7, 2011
CSU plans fee hikes, furloughs to save $584M - Sacramento Business Journal:
http://thunderhawkaviation.com/golfing-in-mexico-can-mean-a-unique-eco-friendly-experience.html
The increase, which the Los Angeles Times says is 15 percenr to20 percent, comes on the heels of a 10 percentt tuition hike in May, and would bring a year of undergraduates fees at Sacramento State to $4,862 - $5,073. CSU spokeswoman Claudiq Keith said no numbers have been set but that rangde wasa possibility. The fee increase will be consideredxJuly 21. The university system said it expects federal stimulus financial aid increases will cover the fee increasde forabout 187,000 students, along with more Pell awards and tax credits.
The system also plans to reduce enrollmentby 32,000 students for the 2010-201 1 school year by increasing grade point average requirements and closinbg spring 2010 enrollment and winter 2010 The university system, which has 450,000o students, said 86 percent of its operating budget goes to employee salaries and CSU hopes to furlough all employees two days per monthj to cut down on costs. Tuesday, the Californiaa State UniversityEmployees Union, whichb represents 16,000 non-academic workers, gave tentative agreementt to the plan. The 2,400 CSU membera of the Academic Professionale of California have agreed to negotiatwethe furloughs.
The California Faculty Association, whichb represents 23,000 faculty personnel, has not yet votexd on the furloughs.
The increase, which the Los Angeles Times says is 15 percenr to20 percent, comes on the heels of a 10 percentt tuition hike in May, and would bring a year of undergraduates fees at Sacramento State to $4,862 - $5,073. CSU spokeswoman Claudiq Keith said no numbers have been set but that rangde wasa possibility. The fee increase will be consideredxJuly 21. The university system said it expects federal stimulus financial aid increases will cover the fee increasde forabout 187,000 students, along with more Pell awards and tax credits.
The system also plans to reduce enrollmentby 32,000 students for the 2010-201 1 school year by increasing grade point average requirements and closinbg spring 2010 enrollment and winter 2010 The university system, which has 450,000o students, said 86 percent of its operating budget goes to employee salaries and CSU hopes to furlough all employees two days per monthj to cut down on costs. Tuesday, the Californiaa State UniversityEmployees Union, whichb represents 16,000 non-academic workers, gave tentative agreementt to the plan. The 2,400 CSU membera of the Academic Professionale of California have agreed to negotiatwethe furloughs.
The California Faculty Association, whichb represents 23,000 faculty personnel, has not yet votexd on the furloughs.
Wednesday, July 27, 2011
Moody's Profit Advances 56% as Soaring Debt Issuance Spurs Ratings Demand - Bloomberg
http://predintoazei.wordpress.com/
Business Recorder | Moody's Profit Advances 56% as Soaring Debt Issuance Spurs Ratings Demand Bloomberg Moody's Corp. (MCO), the world's second- largest bond rater, said quarterly profit rose 56 percent as global debt issuance soared, increasing demand for ratings. Net income climbed to $189 million, ... Moody's Profit Advances 56% as Bond Sales Spur Ratings Demand |
Monday, July 25, 2011
Lumiere stops recognizing warring union, affecting 750 workers - Dallas Business Journal:
http://urylez.wordpress.com/
Lawyers representing managementat -owned Lumierre sent letters Thursday to representatives of Local 74 and its , announcing a withdrawal of recognition of Local 74. “The union has evinced a lack of continuityof representation, altering the identityh of the bargaining representative and establishing a fundamentap change in the bargaininhg representatives,” DLA Piper lawyers representing Lumiere wrotse to Dave Morton of Units HERE Local 74 and Noel Beasley of Workers United.
Lumierwe started receiving competing claims aboug which union was representing its kitchen andhousekeepinb workers, creating confusion about the official unionh representation, said Todd George, general manager and vice president at Lumiere. “Our hope was that the unionw would be able to work this outamongst themselves,” he “We’re trying to stay out of the middle of these competing unions.” He said Lumiers notified workers Thursday of the company’s decisionj to not recognize the union.
As a Local 74 filed unfaird labor practice charges with the Nationalk LaborRelations Board, said Morton, the organizin g director for Local 74, who called Pinnacle'e actions "unlawful" and "ludicrous." “This has been nothingh more than an attempt by (Pinnacle Chairmam and CEO) Dan Lee and the headds of Pinnacle Entertainment to be he said. Morton said the union would considetr picketingbut hasn't made any decisions yet. When asked abourt the possibility of a strike orothee action, George said: “We would hope that would not be the especially in this type of economy.
That’ s not the way we would like to If there is a Lumiere has a right to replace any workers who walk offthe job, accordiny to Mack Bradley, a Lumierer spokesman. Unite HERE was formesd in 2004 when a garmentworkers union, and Hotel Employees and Restauran Employees Union joined forces. But the marriagr wasn’t a happy one, with garment workeres claiming that the newleadershipp didn’t care about their needs, leading to a lot of disgruntledc workers nationwide.
So in some workers defected to createWorkers United, which has been competing with Unit e HERE to represent workers nationwide ever Local 74 voted in March to leavew Unite HERE to become a part of Workersa United, Morton said. Workers United is now affiliated with labor giant, . Pinnacle Entertainment Inc. PNK) is based in Las Vegas.
Lawyers representing managementat -owned Lumierre sent letters Thursday to representatives of Local 74 and its , announcing a withdrawal of recognition of Local 74. “The union has evinced a lack of continuityof representation, altering the identityh of the bargaining representative and establishing a fundamentap change in the bargaininhg representatives,” DLA Piper lawyers representing Lumiere wrotse to Dave Morton of Units HERE Local 74 and Noel Beasley of Workers United.
Lumierwe started receiving competing claims aboug which union was representing its kitchen andhousekeepinb workers, creating confusion about the official unionh representation, said Todd George, general manager and vice president at Lumiere. “Our hope was that the unionw would be able to work this outamongst themselves,” he “We’re trying to stay out of the middle of these competing unions.” He said Lumiers notified workers Thursday of the company’s decisionj to not recognize the union.
As a Local 74 filed unfaird labor practice charges with the Nationalk LaborRelations Board, said Morton, the organizin g director for Local 74, who called Pinnacle'e actions "unlawful" and "ludicrous." “This has been nothingh more than an attempt by (Pinnacle Chairmam and CEO) Dan Lee and the headds of Pinnacle Entertainment to be he said. Morton said the union would considetr picketingbut hasn't made any decisions yet. When asked abourt the possibility of a strike orothee action, George said: “We would hope that would not be the especially in this type of economy.
That’ s not the way we would like to If there is a Lumiere has a right to replace any workers who walk offthe job, accordiny to Mack Bradley, a Lumierer spokesman. Unite HERE was formesd in 2004 when a garmentworkers union, and Hotel Employees and Restauran Employees Union joined forces. But the marriagr wasn’t a happy one, with garment workeres claiming that the newleadershipp didn’t care about their needs, leading to a lot of disgruntledc workers nationwide.
So in some workers defected to createWorkers United, which has been competing with Unit e HERE to represent workers nationwide ever Local 74 voted in March to leavew Unite HERE to become a part of Workersa United, Morton said. Workers United is now affiliated with labor giant, . Pinnacle Entertainment Inc. PNK) is based in Las Vegas.
Friday, July 22, 2011
US 'encouraged' by Korea nuclear talks: Clinton - DAWN.com
onoeuqedol1902.blogspot.com
Globe and Mail | US 'encouraged' by Korea nuclear talks: Clinton DAWN.com AP Photo NUSA DUA: The United States said Saturday it was “encouraged†by unexpected and rare talks between North and South Korea over Pyongyang's nuclear programme. But US Secretary of State Hillary Clinton told regional foreign ministers at an Asian ... ! Clinton says 6-party talks only if North-South ties improve North, S.Korea ministers meet as US c » |
Wednesday, July 20, 2011
CEO Ellison says Oracle might make netbooks - Silicon Valley / San Jose Business Journal:
http://efcg.com/articles.html
His comments came at a Sun conference for users of Java software which he also said couled be usedon netbooks. Oracle (NASDAQ:ORCL) earlier this year agreed to acquireSun (NASDAQ:JAVA) for $7 billion. "k don't see why some of thosed devices shouldn't come from Sun," Reuters quotef Ellison as saying. "Therw will be computers that are fundamentally based on Netbooks are inexpensive laptop computers designed to connecyt wirelessly and are used primarily for checkingb email and browsingthe Web. The markegt for them is expectee to grow to between 20 million and 30 million unitsethis year, up from the 11.7 million sold last year when theirt sales took off.
Most PC makersw now have a netbook modelo and if Oracle does get into the market it will go up againstythe . (NASDAQ:HPQ) (NASDAQ:DELL) and , which either make netbookw or develop softwarefor them. Acer said Tuesday it will make a laptopl runningon ’s (NASDAQ:GOOG) Android operating system insteacd of Microsoft Windows, which most makers now use.
His comments came at a Sun conference for users of Java software which he also said couled be usedon netbooks. Oracle (NASDAQ:ORCL) earlier this year agreed to acquireSun (NASDAQ:JAVA) for $7 billion. "k don't see why some of thosed devices shouldn't come from Sun," Reuters quotef Ellison as saying. "Therw will be computers that are fundamentally based on Netbooks are inexpensive laptop computers designed to connecyt wirelessly and are used primarily for checkingb email and browsingthe Web. The markegt for them is expectee to grow to between 20 million and 30 million unitsethis year, up from the 11.7 million sold last year when theirt sales took off.
Most PC makersw now have a netbook modelo and if Oracle does get into the market it will go up againstythe . (NASDAQ:HPQ) (NASDAQ:DELL) and , which either make netbookw or develop softwarefor them. Acer said Tuesday it will make a laptopl runningon ’s (NASDAQ:GOOG) Android operating system insteacd of Microsoft Windows, which most makers now use.
Monday, July 18, 2011
Met-Pro Corporation Mourns Loss of Former Chairman, CEO and President Walter A. Everett
ejyceh.wordpress.com
June 29 /PRNewswire-FirstCall/ -- Raymond J. De Hont, Chairman and Chieg Executive Officerof Met-Pro Corporation (NYSE: today expressed condolences on behalf of Met-Pro's Boarde of Directors and the entire organization on the passing of the Company'sd former Chairman, CEO and Walter A. Everett . Mr. Everett, who passed away unexpectedlyt thispast Saturday, was 87 years old. Mr. Everet joined the Company in 1966 as Chief of He quickly rose through the ranks to the positions of Presidentr CEO and Chairman ofthe Board, retirinb as Chairman of the Boars on June 2, 1999.
Throughj his outstanding leadership he transformedf the Company from what was a smal fabrication shopin Lansdale, Pennsylvania into a globa l force in the pollution control and fluic handling markets. Mr. De Hont commented, "We are all very saddenedd by the sudden passingof Walter, a true frienr and one of the outstanding leaders in Met-Pro's His contribution to the Company's growth and succesws is immeasurable. He will be missed and his losssorel felt. Our heartfelt condolences go out to his wife Pegghy and the entireEverett family.
" Met-Pro Corporation, with headquarters at 160 Casselo Road, Harleysville, Pennsylvania, was recently for the third consecutive year, as one of America's "200 Best Small Companies" by Forbes magazine. In 2008, the Companuy was also named one ofthe world's "Top Small to Midsize Manufacturers" by Start-It magazinw for the second year in a row. Throug h its business units, in the Unitec States, Canada, Europe and The People's Republivc of China, a wide range of products and servicees are offeredfor industrial, commercial, municipao and residential markets worldwide.
These include product recovery and pollutio control technologies for purification of air and fluid handling technologiesfor corrosive, abrasive and high temperatur e liquids; Mefiag filtration technologies for harsh, corrosive liqui filtration applications; and filtration and purification technologies whichb include proprietary water treatment chemicalsz and filter products for air and liquifd filtration. For more information, pleas visit .
The Private Securities Litigation Reform Act of 1995 provideza "safe harbor" for forward-looking Certain information included in this news release, and other materials filed or to be file with the Securities and Exchangw Commission (as well as information includeds in oral or other written statements made or to be made by the contain statements that are forward-looking. Such statements may relatd to plans forfuture expansion, business development activities, capital spending, the effects of regulation and competition, or anticipated sale s or earnings results.
Such information involves risks and uncertainties that couldx significantly affect results in thefuture and, accordingly, such resultxs may differ from those expressed in any forward-looking statements made by or on behalf of the Company. These risks and uncertaintiesw include, but are not limites to, those relating to, the cancellationn or delay of purchase orders and productdevelopment activities, computer systems dependence on existing management, the continuation of effective cost and quality control measures, retention of customers, global economid and market conditions, and changes in federakl or state laws.
Met-Pro common shareas are traded on the New YorkStoco Exchange, symbol MPR. To obtain an Annual Reporft or additional information on the pleasecall 215-723-6751 and ask for the Investoe Relations Department, or visit the Company's website at . Investor Contact: Gary J. Senior Vice President of Finance, CFO 215-723-67521 Joseph Hassett, VP Gregory FCA Communicationsz 610-228-2110
June 29 /PRNewswire-FirstCall/ -- Raymond J. De Hont, Chairman and Chieg Executive Officerof Met-Pro Corporation (NYSE: today expressed condolences on behalf of Met-Pro's Boarde of Directors and the entire organization on the passing of the Company'sd former Chairman, CEO and Walter A. Everett . Mr. Everett, who passed away unexpectedlyt thispast Saturday, was 87 years old. Mr. Everet joined the Company in 1966 as Chief of He quickly rose through the ranks to the positions of Presidentr CEO and Chairman ofthe Board, retirinb as Chairman of the Boars on June 2, 1999.
Throughj his outstanding leadership he transformedf the Company from what was a smal fabrication shopin Lansdale, Pennsylvania into a globa l force in the pollution control and fluic handling markets. Mr. De Hont commented, "We are all very saddenedd by the sudden passingof Walter, a true frienr and one of the outstanding leaders in Met-Pro's His contribution to the Company's growth and succesws is immeasurable. He will be missed and his losssorel felt. Our heartfelt condolences go out to his wife Pegghy and the entireEverett family.
" Met-Pro Corporation, with headquarters at 160 Casselo Road, Harleysville, Pennsylvania, was recently for the third consecutive year, as one of America's "200 Best Small Companies" by Forbes magazine. In 2008, the Companuy was also named one ofthe world's "Top Small to Midsize Manufacturers" by Start-It magazinw for the second year in a row. Throug h its business units, in the Unitec States, Canada, Europe and The People's Republivc of China, a wide range of products and servicees are offeredfor industrial, commercial, municipao and residential markets worldwide.
These include product recovery and pollutio control technologies for purification of air and fluid handling technologiesfor corrosive, abrasive and high temperatur e liquids; Mefiag filtration technologies for harsh, corrosive liqui filtration applications; and filtration and purification technologies whichb include proprietary water treatment chemicalsz and filter products for air and liquifd filtration. For more information, pleas visit .
The Private Securities Litigation Reform Act of 1995 provideza "safe harbor" for forward-looking Certain information included in this news release, and other materials filed or to be file with the Securities and Exchangw Commission (as well as information includeds in oral or other written statements made or to be made by the contain statements that are forward-looking. Such statements may relatd to plans forfuture expansion, business development activities, capital spending, the effects of regulation and competition, or anticipated sale s or earnings results.
Such information involves risks and uncertainties that couldx significantly affect results in thefuture and, accordingly, such resultxs may differ from those expressed in any forward-looking statements made by or on behalf of the Company. These risks and uncertaintiesw include, but are not limites to, those relating to, the cancellationn or delay of purchase orders and productdevelopment activities, computer systems dependence on existing management, the continuation of effective cost and quality control measures, retention of customers, global economid and market conditions, and changes in federakl or state laws.
Met-Pro common shareas are traded on the New YorkStoco Exchange, symbol MPR. To obtain an Annual Reporft or additional information on the pleasecall 215-723-6751 and ask for the Investoe Relations Department, or visit the Company's website at . Investor Contact: Gary J. Senior Vice President of Finance, CFO 215-723-67521 Joseph Hassett, VP Gregory FCA Communicationsz 610-228-2110
Saturday, July 16, 2011
Workers toil under intense heat at crippled nuclear plant - Hindustan Times
bojony.wordpress.com
Workers toil under intense heat at crippled nuclear plant Hindustan Times PTI Workers are struggling under intense heat at the crippled Fukushima Daiichi nuclear power plant with as many as 31 people having fallen sick complaining of apparent symptoms of heat stroke, according to Tokyo Electric Power Co. ... |
Wednesday, July 13, 2011
New retreat offers reiki, yoga, other healing services - Phoenix Business Journal:
fixyruw.wordpress.com
The business occupies 3,000 square feet at 7050 E. Fiftjh Ave., near the landmarkk horse statue. Rustic Sage will offe r reiki treatments andyoga classes, as well as seminarx and workshops that focud on emotional freedom and spiritual restructuring. A focapl point of the business is an originapl wall painting of the Chineswe characterfor "heart," created by local artisr Vikki Reed. For more: . is doublinbg its space at Biltmore Fashio Parkto 5,000 square The retailer will remain open durinh construction and is expected to celebratew the completion later this The independent jeweler offers custo design, appraisals and restylings as well as a full line of jewels and watches.
It is an exclusive retailer of the Roberto Coin Cento and JohnApel lines. Ownex by Michael Pollak and Steven the Denver-based company has three retail locations. In additionn to the Phoenix store, which has been open sincs 2003, Hyde Park operates in Denvefr and at The Forum Shops in Las For more: . Dave Monroe is opening , a Chandler-based companu that focuses on the technology needs ofsmal business. With expertise in Microsofyt Windowssystem administration, Unix, SQL Server and other applications, Monroe and his including Chief Engineer Wes Vance, offer remote and on-site suppor t and development of custom applications.
The firm also offerxs data backup, digital telephony, serve hosting and Web design. The compant is in the Kyrene Village Shopping Center at116 N. Roosevelft Ave., near the intersection of Chandler Boulevard andKyrenee Road. For more: . Genevieve Villegasa and business partner Heidi Vega are opening at the Renaissancwe Glendale Hotel and Spain Glendale. The boutiquwe specializes in reasonably priced stylish clothing and accessories for men and The concept originally was launcher in 2006 as an online retailerd in 2006by Villegas, a Glendale A grand opening celebration is set for 2 to 4 p.m. 13. For more: .
Valley designer and resident Tracey Martin is taking her new line of babyand children's clothinh to the ABC Kids an annual trade show held in Las Vegass that attracts retailers from around the globe. Martih is founder and owner of , a line of clothiny and accessories for kids from 3 monthd tosize 10. Many of the items are appliquexdwith beads, crystals and designs, and are made of soft fabrice and faux materials such as snakeskin and fur.
The business occupies 3,000 square feet at 7050 E. Fiftjh Ave., near the landmarkk horse statue. Rustic Sage will offe r reiki treatments andyoga classes, as well as seminarx and workshops that focud on emotional freedom and spiritual restructuring. A focapl point of the business is an originapl wall painting of the Chineswe characterfor "heart," created by local artisr Vikki Reed. For more: . is doublinbg its space at Biltmore Fashio Parkto 5,000 square The retailer will remain open durinh construction and is expected to celebratew the completion later this The independent jeweler offers custo design, appraisals and restylings as well as a full line of jewels and watches.
It is an exclusive retailer of the Roberto Coin Cento and JohnApel lines. Ownex by Michael Pollak and Steven the Denver-based company has three retail locations. In additionn to the Phoenix store, which has been open sincs 2003, Hyde Park operates in Denvefr and at The Forum Shops in Las For more: . Dave Monroe is opening , a Chandler-based companu that focuses on the technology needs ofsmal business. With expertise in Microsofyt Windowssystem administration, Unix, SQL Server and other applications, Monroe and his including Chief Engineer Wes Vance, offer remote and on-site suppor t and development of custom applications.
The firm also offerxs data backup, digital telephony, serve hosting and Web design. The compant is in the Kyrene Village Shopping Center at116 N. Roosevelft Ave., near the intersection of Chandler Boulevard andKyrenee Road. For more: . Genevieve Villegasa and business partner Heidi Vega are opening at the Renaissancwe Glendale Hotel and Spain Glendale. The boutiquwe specializes in reasonably priced stylish clothing and accessories for men and The concept originally was launcher in 2006 as an online retailerd in 2006by Villegas, a Glendale A grand opening celebration is set for 2 to 4 p.m. 13. For more: .
Valley designer and resident Tracey Martin is taking her new line of babyand children's clothinh to the ABC Kids an annual trade show held in Las Vegass that attracts retailers from around the globe. Martih is founder and owner of , a line of clothiny and accessories for kids from 3 monthd tosize 10. Many of the items are appliquexdwith beads, crystals and designs, and are made of soft fabrice and faux materials such as snakeskin and fur.
Monday, July 11, 2011
Four Points Centre lands new office tenant - Dayton Business Journal:
husolumiz.wordpress.com
“We are extremely excited to sign a lease with such an outstanding company as said Mark Greiner ofOxfordr Commercial, the project’s leasing “This lease with THQ demonstrates that first-class office buildings continue to attract tenant interest even in challenging markets.” THQ will move into Four Pointx this fall. Four Points Centrde has 200,000 square feet of officse space, 270,000 square feet of retail space and 550multifamilyu apartments. The development will ultimately have an additionapl 1 million square feet ofoffice space, 250,0090 square feet of retail space and a 250-room hotel.
The new leasr is significant since Four Points is in an area of Austim that has seen office vacancy rise in recent months as millionw of square feet of new product have been Four Points’ apartments do have tenants, as does its retail including an HEB and Target. David Kimball and Keith Zimmerma n with UGL Equis representedTHQ Inc. The developmenyt has also been awardes Gold rating underthe ’s Leadership in Energy and Environmental Design for its core and shellk design.
“As part of Opportunityh Austin, we are in constant contact with a varietty of businesses contemplating moving to or growing in Withgreater frequency, companies are seeking eco-friendly space,” said Gary Farmer, chairman of the Opportunityu Austin economic development initiative. “It’s important to have such spacesreadily available.”
“We are extremely excited to sign a lease with such an outstanding company as said Mark Greiner ofOxfordr Commercial, the project’s leasing “This lease with THQ demonstrates that first-class office buildings continue to attract tenant interest even in challenging markets.” THQ will move into Four Pointx this fall. Four Points Centrde has 200,000 square feet of officse space, 270,000 square feet of retail space and 550multifamilyu apartments. The development will ultimately have an additionapl 1 million square feet ofoffice space, 250,0090 square feet of retail space and a 250-room hotel.
The new leasr is significant since Four Points is in an area of Austim that has seen office vacancy rise in recent months as millionw of square feet of new product have been Four Points’ apartments do have tenants, as does its retail including an HEB and Target. David Kimball and Keith Zimmerma n with UGL Equis representedTHQ Inc. The developmenyt has also been awardes Gold rating underthe ’s Leadership in Energy and Environmental Design for its core and shellk design.
“As part of Opportunityh Austin, we are in constant contact with a varietty of businesses contemplating moving to or growing in Withgreater frequency, companies are seeking eco-friendly space,” said Gary Farmer, chairman of the Opportunityu Austin economic development initiative. “It’s important to have such spacesreadily available.”
Saturday, July 9, 2011
Betty Ford dead at 93 - New York Post
http://taylorpondfarms.com/cuisine-of-the-phillipines.html
ABC News | Betty Ford dead at 93 New York Post Betty Ford, an outspoken and immensely popular former first lady who overcame alcohol and prescription-drug addictions and helped found the now-world-famous rehab clinic that bears her name, died yesterday. She was 93. ... Former First Lady Betty Ford Dead At 93 Betty Ford dead at 93 Feisty Feminist & First Lady Betty Ford Dead at 93 |
Wednesday, July 6, 2011
Statscan settles for incomplete long-form surveys in 2011 census - Globe and Mail
dusinenezoqoc.blogspot.com
Globe and Mail | Statscan settles for incomplete long-form surveys in 2011 census Globe and Mail The new, voluntary National Household Survey was the controversial replacement for the long-form census, eliminated last summer by the Conservative government. The Tories said it wasn't right to threaten Canadians with jail time or fines for not ... Census officials settle for incomplete questionnaires |
Monday, July 4, 2011
Oneida Councilman Don Moore setting politics aside at family's request - Oneida Dispatch
kleopatraxnibe.blogspot.com
Oneida Councilman Don Moore setting politics aside at family's request Oneida Dispatch ONEIDA -- When Don Moore first considered running for a seat on the Common Council, he didn't think of himself as a politician. Five terms and 10 years later, he's still not a politician, he says; he is a representative of the people ... |
Saturday, July 2, 2011
Thursday, June 30, 2011
Wal-Mart announces 22,000 jobs on eve of shareholder meeting - Kansas City Business Journal:
aleksanovlsys.blogspot.com
Positions will include store pharmacists, human resources managers, customerr service associates, cashiers and sales according tothe Bentonville, chain (NYSE:WMT). Last October, Wal-Marrt announced plans to open 142 to 157 new and expandedc stores during the currenffiscal year, which ends Jan. 31, 2010. Othef states expected to gain morethan 1,00p0 jobs include Michigan, California, Florida, New South Carolina, Virginia and Utah. Its newesgt Arizona store opened in May in Walmart operates morethan 7,900 retail outletse and employs 2.1 million people in 15 countries.
Unlike many Wal-Mart has fared well amid the recessiohn as consumers keep a rein on purchase Last month the chainreported first-quartefr earnings of $3 billion, or 77 cents a a penny more than the same period a year ago. Revenue slippee a smidge to $93.5 billiobn from $94.9 billion. “During this difficult economic we’re proud to be able to creatd quality jobs for thousands of Americansthis year," said Eduardo vice chairman of Wal-Mart Stores Inc.
The jobs announcement comezs a day before the retail giant holdds its annual stockholders meetingy in Bud Walton Arena at the University of In addition to election of directors and otheerroutine business, six shareholder proposals are on the table: Creation of a gender identity nondiscriminatiohn policy. Adoption of a pay for superiorperformancew principle. Giving shareholders the right to an advisory vote on executive compensation. Requiring a semi-annualo report disclosing Wal-Mart’s political contributions. Giving majod shareholders the power to callspeciapl meetings.
Requiring incentive pay to come in the form of stock The Wal-Mart board is opposing all the shareholder Lee Scott Jr., who servedr as CEO of the company until his retirement at the end of Januarhy received a total compensation packagr of $30.2 million last year.
Positions will include store pharmacists, human resources managers, customerr service associates, cashiers and sales according tothe Bentonville, chain (NYSE:WMT). Last October, Wal-Marrt announced plans to open 142 to 157 new and expandedc stores during the currenffiscal year, which ends Jan. 31, 2010. Othef states expected to gain morethan 1,00p0 jobs include Michigan, California, Florida, New South Carolina, Virginia and Utah. Its newesgt Arizona store opened in May in Walmart operates morethan 7,900 retail outletse and employs 2.1 million people in 15 countries.
Unlike many Wal-Mart has fared well amid the recessiohn as consumers keep a rein on purchase Last month the chainreported first-quartefr earnings of $3 billion, or 77 cents a a penny more than the same period a year ago. Revenue slippee a smidge to $93.5 billiobn from $94.9 billion. “During this difficult economic we’re proud to be able to creatd quality jobs for thousands of Americansthis year," said Eduardo vice chairman of Wal-Mart Stores Inc.
The jobs announcement comezs a day before the retail giant holdds its annual stockholders meetingy in Bud Walton Arena at the University of In addition to election of directors and otheerroutine business, six shareholder proposals are on the table: Creation of a gender identity nondiscriminatiohn policy. Adoption of a pay for superiorperformancew principle. Giving shareholders the right to an advisory vote on executive compensation. Requiring a semi-annualo report disclosing Wal-Mart’s political contributions. Giving majod shareholders the power to callspeciapl meetings.
Requiring incentive pay to come in the form of stock The Wal-Mart board is opposing all the shareholder Lee Scott Jr., who servedr as CEO of the company until his retirement at the end of Januarhy received a total compensation packagr of $30.2 million last year.
Monday, June 27, 2011
AvalonBay gets OK for $65M Balboa project in S.F. - Boston Business Journal:
aleshnikovenil.blogspot.com
The development, which will includwe a 28,000-square-foot grocery store, will replace the Krage auto parts store and parkinf lot at 1150Ocean Ave. The 1.8-acrw site just south of Phelan Avenue and abuttinbg the citycollege campus, is the first project approvefd under the Balboa Park rezoning the Boardf of Supervisors adopted in April. AvalonBay Senioe Development Director Meg Spriggs said the companhy hopes to start construction onthe two-building complex at the end of 2010 or the firsty quarter of 2011. Constructionh would likely take about18 months, meaninh that the project would open in 2012 at the earliest.
AvalonBay has been one of San Francisco’z most active developers over thepast decade, completing 823 rental unitzs in Mission Bay a $400 million investment. With that neighborhoofd mostlybuilt out, AvalonBay has been activelyy looking at other neighborhoods, including the city-owned Block 8 on Folsom Street. At the Ocean Avenud site, the developer was drawn to the rich public transit — downtown is a 13-minutr ride from the Balboa Park BART statiobn — and proximity of schools includingf City College, Balboa High School and the privatwe school Lick Wilmerding, according to Given the college campus and rich publix transportation options, “there is little to no supply of higher-density rental housing in this part of San said Spriggs.
“It’s a grea urban infill location and the beauty of it is the bonez arealready there. The infrastructure is already there. Ther are tons of little neighborhoods and a nice littled business district alongOcean Avenue,” said Spriggs. AvalonBat has yet to sign on a grocerhy store to occupy the ground floor ofthe project. Matt Holmes of the brokerage Retail West has been retaineds to to leasethe space. Petet Waller of Pyatok is the architect. “We have been pleasantly surprised by the levell of initial interest in the spacw and we have had several meaningfull conversationswith retailers,” said Spriggs.
AvalonBay started workin with the Planning Department in 2005 when the Balbowa Park master plan was in its early Because they were involvedso AvalonBay’s project specific environmental impact report was included in the master environmental impact report for the “Our goal was to get behind the design our project collaboratively with the city and the communitt and be in a position to get our projecft approvals as soon as the Balboa Park plan was said Spriggs. Matt Holmes said the site has attractive densities and attractiv demographics with over 35 percentcollege “The demographics are there already, they really are. The design of the spacee is outstanding.
They have reall y built a great mousetrap he said.
The development, which will includwe a 28,000-square-foot grocery store, will replace the Krage auto parts store and parkinf lot at 1150Ocean Ave. The 1.8-acrw site just south of Phelan Avenue and abuttinbg the citycollege campus, is the first project approvefd under the Balboa Park rezoning the Boardf of Supervisors adopted in April. AvalonBay Senioe Development Director Meg Spriggs said the companhy hopes to start construction onthe two-building complex at the end of 2010 or the firsty quarter of 2011. Constructionh would likely take about18 months, meaninh that the project would open in 2012 at the earliest.
AvalonBay has been one of San Francisco’z most active developers over thepast decade, completing 823 rental unitzs in Mission Bay a $400 million investment. With that neighborhoofd mostlybuilt out, AvalonBay has been activelyy looking at other neighborhoods, including the city-owned Block 8 on Folsom Street. At the Ocean Avenud site, the developer was drawn to the rich public transit — downtown is a 13-minutr ride from the Balboa Park BART statiobn — and proximity of schools includingf City College, Balboa High School and the privatwe school Lick Wilmerding, according to Given the college campus and rich publix transportation options, “there is little to no supply of higher-density rental housing in this part of San said Spriggs.
“It’s a grea urban infill location and the beauty of it is the bonez arealready there. The infrastructure is already there. Ther are tons of little neighborhoods and a nice littled business district alongOcean Avenue,” said Spriggs. AvalonBat has yet to sign on a grocerhy store to occupy the ground floor ofthe project. Matt Holmes of the brokerage Retail West has been retaineds to to leasethe space. Petet Waller of Pyatok is the architect. “We have been pleasantly surprised by the levell of initial interest in the spacw and we have had several meaningfull conversationswith retailers,” said Spriggs.
AvalonBay started workin with the Planning Department in 2005 when the Balbowa Park master plan was in its early Because they were involvedso AvalonBay’s project specific environmental impact report was included in the master environmental impact report for the “Our goal was to get behind the design our project collaboratively with the city and the communitt and be in a position to get our projecft approvals as soon as the Balboa Park plan was said Spriggs. Matt Holmes said the site has attractive densities and attractiv demographics with over 35 percentcollege “The demographics are there already, they really are. The design of the spacee is outstanding.
They have reall y built a great mousetrap he said.
Saturday, June 25, 2011
Geoeye, Inc. Company Profile | GEOY Company Information
edibin.wordpress.com
GeoEye, Inc. (GeoEye or the Company), together with its consolidatec subsidiaries, provides geospatial information, imagery and solutions for the nationaklsecurity community, strategic partners, resellers and commerciao customers to help them better map, measurs and monitor the world. Geospatial informatioh is geographic information that can be used to identifyt a particular locations spatial relationship toother locations.
We operate a constellation of Earth imaging satelliteds and mapping aircraftwhichh collect, process, and distribute digitap imagery of the Earths surface, atmosphere and weather conditions and have an international network of grounsd stations, a robust imageruy archive, and advanced location-based imagery processingh capabilities. We maintain image processing and productionn centers at our headquartersin Dulles, Virginia and our facilities in Thornton, Colorado and Mission, Kansas. Our advancerd image processingand location-based information technology developmentf and production center in St. Louis, Missouri is a world-renownede center for innovation inthe industry.
Our satellite syste m also includesa U.S. ground including four ground stations owned or leasef bythe Company, to operate the satellites and to process, and distribute imagery from the satellites. ...
GeoEye, Inc. (GeoEye or the Company), together with its consolidatec subsidiaries, provides geospatial information, imagery and solutions for the nationaklsecurity community, strategic partners, resellers and commerciao customers to help them better map, measurs and monitor the world. Geospatial informatioh is geographic information that can be used to identifyt a particular locations spatial relationship toother locations.
We operate a constellation of Earth imaging satelliteds and mapping aircraftwhichh collect, process, and distribute digitap imagery of the Earths surface, atmosphere and weather conditions and have an international network of grounsd stations, a robust imageruy archive, and advanced location-based imagery processingh capabilities. We maintain image processing and productionn centers at our headquartersin Dulles, Virginia and our facilities in Thornton, Colorado and Mission, Kansas. Our advancerd image processingand location-based information technology developmentf and production center in St. Louis, Missouri is a world-renownede center for innovation inthe industry.
Our satellite syste m also includesa U.S. ground including four ground stations owned or leasef bythe Company, to operate the satellites and to process, and distribute imagery from the satellites. ...
Thursday, June 23, 2011
Ping, Universal Avionics named top state manufacturers - Portland Business Journal:
coras-newport.blogspot.com
The awards, given out Friday, dubbed Phoenix-based Ping as manufacturetr of the yearand Tucson-based Universakl Avionics as the small manufacturer of the year. “This year’ss winners exemplify dedication to product innovationm and a commitment to the stateof Arizona,” said Mark chairman of the AMC and vice chai of the Arizona Chamber of Commerce and Ping, which has become a leader in golf club manufacturing, is celebratingh 50 years of The company has been innovating in golf desigjn since Karsten Solheim developed the first Ping putter in his Redwoocd City, Calif., garage, taking the name from the soun d the club made when it strucjk a ball.
Ping now employs 800 people and is able to develola custom-fit set of clubs within 48-hours of the time an ordetr is placed. Universal Avionics has been in busineswsince 1981. Founded by business jet pilo Hubert Naimer, the company started out developing flight management systems for business andtransport airplanes. The company now manufactures a rangw of avionics systems for various aircrafty from helicopters tocommercial jets. It works through a network of 224authorizede dealers, and its products are offererd as factory-installed options on 21 aircraft.
The awards, given out Friday, dubbed Phoenix-based Ping as manufacturetr of the yearand Tucson-based Universakl Avionics as the small manufacturer of the year. “This year’ss winners exemplify dedication to product innovationm and a commitment to the stateof Arizona,” said Mark chairman of the AMC and vice chai of the Arizona Chamber of Commerce and Ping, which has become a leader in golf club manufacturing, is celebratingh 50 years of The company has been innovating in golf desigjn since Karsten Solheim developed the first Ping putter in his Redwoocd City, Calif., garage, taking the name from the soun d the club made when it strucjk a ball.
Ping now employs 800 people and is able to develola custom-fit set of clubs within 48-hours of the time an ordetr is placed. Universal Avionics has been in busineswsince 1981. Founded by business jet pilo Hubert Naimer, the company started out developing flight management systems for business andtransport airplanes. The company now manufactures a rangw of avionics systems for various aircrafty from helicopters tocommercial jets. It works through a network of 224authorizede dealers, and its products are offererd as factory-installed options on 21 aircraft.
Monday, June 20, 2011
Chief information officers eye 2010 for IT budget comeback - Silicon Valley / San Jose Business Journal:
hibleyytogoja1273.blogspot.com
The May IT Spendingg Report by The Goldman SachsGroup Inc. predictws a decrease of only 1 percentt in IT spendingin 2010. Goldman surveyed 100 IT executivee from Fortune100 companies, and 50 percenf of the respondents were chief information officers. “Anyonre selling to an enterprise has to havea 12-month return on investment,” said Anil Patel, a principal at Clearstonew Venture Partners in Menlo Park. “Yoju either have to find a way to increasd the top line orcut costs, and you have to measurew it in 12 Bipin Badani, senior vice president and chief informatiob officer at Fujitsu America Inc.
in believes budgets have become so tighttthat they’ll have to loosen next year. like many companies, has reduced its spendiny by about 10 percent and stopped all noncriticakIT projects. “What I’m seeing is that people have stoppedspendint completely. They don’t have the budget, and they’rer not spending on new capitao investment and capital networksat all,” Badani said. “So I think they are becominyg overdue fora recycle, and I woulxd say mid-2010 would be the time for an increase in Fujitsu is also focusing on doing as many tasks as possibls remotely, an area Badan i called “critical” for reducing infrastructure management.
“It’ s a no-brainer and the one area that reducezour budget,” he said. “Wheb budgets are cut, you’re forced to use infrastructure optimizations.” So where do the numbers leave those selling IT services and products Not completely out inthe cold, but vendora need to have a focus that’s tighter now than Patel, who also speaks on behalf of TiECon, the annua conference for entrepreneurs and venture said CIOs from a panel at the May TiECon in Santaa Clara advise that if you’re trying to sell to don’t bother calling. Most CIOs now are fielding 60 calls a day fromvendorsd alone.
Instead, find the problem, or “rede flag” in an organization, find the owner of that proble and convince that persojn that you are the indispensable way to turn that redflag “You want to find a champion lowefr in the organization that understands how you fit in to what they Patel said. “Also, the chances of organizationsa increasing their vendor accounts this yearis low, so find a big brother or sister and see if you can find a way in on someon e else’s price list.
” Roger Burkhardt, CEO of Ingres a Redwood City maker of open source database products and champion of what the companyg calls “The New Economics of IT,” notexd the Goldman Sachs survey also touched on where to save money, and software licensing and maintenancse were very high focus areas for potential Consulting and third-party services such as the India IT subsector remain at the top of the list for potential futuree cost reductions, while computer hardware is close to the top of the according to the survey.
“The challenge for the CIO now is that theree are projects that they need to but much of the budget is being chewexd up by keepingthings running,” Burkhardtg said. “It’s a very tough thing for a CIO to because they’re looking for ways to innovatw while spending less
The May IT Spendingg Report by The Goldman SachsGroup Inc. predictws a decrease of only 1 percentt in IT spendingin 2010. Goldman surveyed 100 IT executivee from Fortune100 companies, and 50 percenf of the respondents were chief information officers. “Anyonre selling to an enterprise has to havea 12-month return on investment,” said Anil Patel, a principal at Clearstonew Venture Partners in Menlo Park. “Yoju either have to find a way to increasd the top line orcut costs, and you have to measurew it in 12 Bipin Badani, senior vice president and chief informatiob officer at Fujitsu America Inc.
in believes budgets have become so tighttthat they’ll have to loosen next year. like many companies, has reduced its spendiny by about 10 percent and stopped all noncriticakIT projects. “What I’m seeing is that people have stoppedspendint completely. They don’t have the budget, and they’rer not spending on new capitao investment and capital networksat all,” Badani said. “So I think they are becominyg overdue fora recycle, and I woulxd say mid-2010 would be the time for an increase in Fujitsu is also focusing on doing as many tasks as possibls remotely, an area Badan i called “critical” for reducing infrastructure management.
“It’ s a no-brainer and the one area that reducezour budget,” he said. “Wheb budgets are cut, you’re forced to use infrastructure optimizations.” So where do the numbers leave those selling IT services and products Not completely out inthe cold, but vendora need to have a focus that’s tighter now than Patel, who also speaks on behalf of TiECon, the annua conference for entrepreneurs and venture said CIOs from a panel at the May TiECon in Santaa Clara advise that if you’re trying to sell to don’t bother calling. Most CIOs now are fielding 60 calls a day fromvendorsd alone.
Instead, find the problem, or “rede flag” in an organization, find the owner of that proble and convince that persojn that you are the indispensable way to turn that redflag “You want to find a champion lowefr in the organization that understands how you fit in to what they Patel said. “Also, the chances of organizationsa increasing their vendor accounts this yearis low, so find a big brother or sister and see if you can find a way in on someon e else’s price list.
” Roger Burkhardt, CEO of Ingres a Redwood City maker of open source database products and champion of what the companyg calls “The New Economics of IT,” notexd the Goldman Sachs survey also touched on where to save money, and software licensing and maintenancse were very high focus areas for potential Consulting and third-party services such as the India IT subsector remain at the top of the list for potential futuree cost reductions, while computer hardware is close to the top of the according to the survey.
“The challenge for the CIO now is that theree are projects that they need to but much of the budget is being chewexd up by keepingthings running,” Burkhardtg said. “It’s a very tough thing for a CIO to because they’re looking for ways to innovatw while spending less
Saturday, June 18, 2011
Food for thought: Recession prompts restaurants to cut prices - Denver Business Journal:
http://rpggamestop.com/index.php?cat=XBOX+Games
People came up to peruse the $32.95r holiday brunch menu at Panzano Restaurant, wherse Mayo is the general manager, and a numbed asked if they could getsomethinfg cheaper. In the past, most lookers would shruyg and come in ifthey didn’t like the This time, when several were told that was it for the day, they walkedf away. Like a toy-store managere the day after Christmas, Mayo knew he had to stargt slashing prices. And he wasn’t alone. You can now get a $4 stea appetizer at Panzano. Morton’s The Steakhousee has added a hamburger to its has introduceda low-price menu.
And if you’rd eating at Vesta Dippiny Grill before heading toa concert, consider your parting rounf of shots on It’s a buyer’s market in the restaurang world these days, with establishmente from the chi-chi to the quick-and-casuakl slashing prices, adding cheaper items to menus and offeringt new service perks just to retain It’s one reason Peter Meersman, president of the (CRA), believes nationalk forecasts that say eateries in the state will fare better duringv the economic downturn than those in 95 percent of the country.
But the price-cuttingy also raises the specter that consumerx who are willing to spend theid tightened budgets eating out may have changed expectations after thisbargain spree. And restaurantt officials, while reveling in the steadier streamsx of people coming intheirt doors, are realizing that prices may nevetr be as high as they were beforee last fall’s market collapse. “There’s a lot of feelingb out there that they will goback up, but they will nevet be back up to where they were before,” Mayo “Admittedly, we can’t keep the same profit marginds we did before with this prics drop.
But we also can’t keep the business if we don’rt make this adjustment.” Business has plummetee at restaurants of all types in recent monthss as more families are staying home and The responseby Denver-area restaurants has been to enticd the customer even more, and they’re doing so in many One is the happy-hour in which eateries try to get peopled in with the possibilitty of cheaper alcohol or lower-priced small plates in hopesx they will stay for Some popular downtown waterinb holes, such as Marlowe’s and Paramountf Cafe, are offering half-priced drinks.
Panzano has takemn dinner items such as its steaki orseafood bouillabaisse, cut the portionss in half and begun offering them for $4. Happy-hour business has doublex since January, Mayo said. Other places have takenn to adding cheaper menu At the end of for example, Morton’s added a hamburge that, while still $15, represents the lowest-priced item on the upper-enrd steakhouse’s menu, general manager Joe Mirrelson said. Some restaurant s are putting money into advertising theirprice drops. Coral located in the Highlandds neighborhood, sent out mailers to area residentx recently notingthe reductions.
Many quick-servse restaurants have taken after McDonald’s and, while not going all the way down to adolladr menu, are giving customers lower-priced Chipotle rolled out its Low Rolled Menu on April 1, with $2.9o soup and $2.25 single tacos, after getting emaila from customers seeking smallerr portions, said Chris Arnold, spokesman for the Denver-based “The expanded menu we’re testing in Denverr represents the most significant changee in our [15-year] history,” said who acknowledged he’d been hearing more anecdotees of patrons splitting meals with a friend or takinf half of them home.
Some restaurantxs blanch at the notiomn of knocking down prices and instead are lookingt to make customers feel more at At Vesta, any patron askingf for change to plug the meter will get a pre-paid parkin key to use, and groups headinvg to downtown shows can expect a free round of shots, ownerr Josh Wolkon said. “We’re all in trouble,” Wolkojn said. “If [customers] make a decision in tough time to choose to spend their money onour restaurants, you have to make sure they got theidr dollar’s worth.” One trend severalk people said they expect to see is the returm of the $52.
80 menu for two, following the continuecd success of the annual two-week winter promotion in whicbh 208 restaurants participated this year with great Cool River Cafe is offerinf a three-course meal for $29.95 per person — closd to the 5280 week pricwe point – and plans to do so for severak more months. When asked if customers will stop comingt when the deal eventuallygoes away, proprietor Joseph Madrikl thought about it before admitting he isn’yt worried. “I don’t believe there’s a risk,” Madrilk said. “I think people will be appreciative, and it builda loyalty.
”
People came up to peruse the $32.95r holiday brunch menu at Panzano Restaurant, wherse Mayo is the general manager, and a numbed asked if they could getsomethinfg cheaper. In the past, most lookers would shruyg and come in ifthey didn’t like the This time, when several were told that was it for the day, they walkedf away. Like a toy-store managere the day after Christmas, Mayo knew he had to stargt slashing prices. And he wasn’t alone. You can now get a $4 stea appetizer at Panzano. Morton’s The Steakhousee has added a hamburger to its has introduceda low-price menu.
And if you’rd eating at Vesta Dippiny Grill before heading toa concert, consider your parting rounf of shots on It’s a buyer’s market in the restaurang world these days, with establishmente from the chi-chi to the quick-and-casuakl slashing prices, adding cheaper items to menus and offeringt new service perks just to retain It’s one reason Peter Meersman, president of the (CRA), believes nationalk forecasts that say eateries in the state will fare better duringv the economic downturn than those in 95 percent of the country.
But the price-cuttingy also raises the specter that consumerx who are willing to spend theid tightened budgets eating out may have changed expectations after thisbargain spree. And restaurantt officials, while reveling in the steadier streamsx of people coming intheirt doors, are realizing that prices may nevetr be as high as they were beforee last fall’s market collapse. “There’s a lot of feelingb out there that they will goback up, but they will nevet be back up to where they were before,” Mayo “Admittedly, we can’t keep the same profit marginds we did before with this prics drop.
But we also can’t keep the business if we don’rt make this adjustment.” Business has plummetee at restaurants of all types in recent monthss as more families are staying home and The responseby Denver-area restaurants has been to enticd the customer even more, and they’re doing so in many One is the happy-hour in which eateries try to get peopled in with the possibilitty of cheaper alcohol or lower-priced small plates in hopesx they will stay for Some popular downtown waterinb holes, such as Marlowe’s and Paramountf Cafe, are offering half-priced drinks.
Panzano has takemn dinner items such as its steaki orseafood bouillabaisse, cut the portionss in half and begun offering them for $4. Happy-hour business has doublex since January, Mayo said. Other places have takenn to adding cheaper menu At the end of for example, Morton’s added a hamburge that, while still $15, represents the lowest-priced item on the upper-enrd steakhouse’s menu, general manager Joe Mirrelson said. Some restaurant s are putting money into advertising theirprice drops. Coral located in the Highlandds neighborhood, sent out mailers to area residentx recently notingthe reductions.
Many quick-servse restaurants have taken after McDonald’s and, while not going all the way down to adolladr menu, are giving customers lower-priced Chipotle rolled out its Low Rolled Menu on April 1, with $2.9o soup and $2.25 single tacos, after getting emaila from customers seeking smallerr portions, said Chris Arnold, spokesman for the Denver-based “The expanded menu we’re testing in Denverr represents the most significant changee in our [15-year] history,” said who acknowledged he’d been hearing more anecdotees of patrons splitting meals with a friend or takinf half of them home.
Some restaurantxs blanch at the notiomn of knocking down prices and instead are lookingt to make customers feel more at At Vesta, any patron askingf for change to plug the meter will get a pre-paid parkin key to use, and groups headinvg to downtown shows can expect a free round of shots, ownerr Josh Wolkon said. “We’re all in trouble,” Wolkojn said. “If [customers] make a decision in tough time to choose to spend their money onour restaurants, you have to make sure they got theidr dollar’s worth.” One trend severalk people said they expect to see is the returm of the $52.
80 menu for two, following the continuecd success of the annual two-week winter promotion in whicbh 208 restaurants participated this year with great Cool River Cafe is offerinf a three-course meal for $29.95 per person — closd to the 5280 week pricwe point – and plans to do so for severak more months. When asked if customers will stop comingt when the deal eventuallygoes away, proprietor Joseph Madrikl thought about it before admitting he isn’yt worried. “I don’t believe there’s a risk,” Madrilk said. “I think people will be appreciative, and it builda loyalty.
”
Thursday, June 16, 2011
St. Louis Park's Cichoski Finishes 15th At State - Patch.com
bojony.wordpress.com
St. Louis Park's Cichoski Finishes 15th At State Patch.com Matt Cichoski of St. Louis Park watches his putt during a round earlier this year. Cichoski finished 15th in the Class AAA state meet. St. Louis Park junior Matt Cichoski finished the Class AAA state boys golf ... |
Tuesday, June 14, 2011
DC attorney general sees 'major flaws' in ethics bill - Washington Post
elzeyfirekuut1795.blogspot.com
DC attorney general sees 'major flaws' in ethics bill Washington Post A week after he unveiled dramatic allegations of corruption against a council member, city Attorney General Irvin B. Nathan on Monday criticized “major flaws†in an ethics overhaul under consideration by the DC Council. ... |
Saturday, June 11, 2011
S&P lowers outlook for HEI, HECO - San Antonio Business Journal:
cahijisebi.wordpress.com
Standard & Poor’s said Hawaii is “exhibitintg decidedly recessionary trends,” and that its dependence on tourisjm to drive the local economy could mean the state will be more severelyu affected bythe “The negative outlook assigned to HEI reflect s the potential for consolidated credit metrics to fall belowe our benchmarks over our outlook horizon due to Hawaii’sz weakening economy, which is expected to lower electric sales by 4 percent or more and put upwars pressure on borrowing requirements,” S&P , a subsidiary of HEI, is rated on a standalone basis and is not affected by the lowered outlook. Shares of Hawaiian Electrivc stock weredown 1.
6 percent to
Standard & Poor’s said Hawaii is “exhibitintg decidedly recessionary trends,” and that its dependence on tourisjm to drive the local economy could mean the state will be more severelyu affected bythe “The negative outlook assigned to HEI reflect s the potential for consolidated credit metrics to fall belowe our benchmarks over our outlook horizon due to Hawaii’sz weakening economy, which is expected to lower electric sales by 4 percent or more and put upwars pressure on borrowing requirements,” S&P , a subsidiary of HEI, is rated on a standalone basis and is not affected by the lowered outlook. Shares of Hawaiian Electrivc stock weredown 1.
6 percent to
Thursday, June 9, 2011
To boost sales, check your optimism level - bizjournals:
egogakydo.wordpress.com
Here’s a thought: Take a look at a soft emotionao intelligence skill that yields hardsales results, optimism. Therse is evidence that supports the theory that saled teams possessing high levelds of optimism make companiesmore money. One of the best case studied comes from the work that psychologist Martin Seligman did with Metropolitan Life in New He convinced Met Life to give him access to their new employeesz and administer theusuakl testing, as well as a new test he developexd that measured optimism. He followed the progresxs of new salespeople for one year and found that salespeoplwe who scored high in optimism sold 33 percenrt more insurance than those whoscored low.
After two the optimistic group of salespeople were thrivinv intheir positions, which increaser retention and decreased the costs associateds with turnover and increased sales. How optimistifc is your organization? There is a lot of press on theswine flu, and people are worried about catching it. There is anothe epidemic to watch out forin today’s pessimism. It can be deadly when it hits an organizatiojn because emotionsare contagious. The clinical term is emotiona l contagion and is definedas “the transmission of When people are in a certaijn mood — happy or depressed — that mood is oftenb communicated to others. What is the mood at your company?
A sales manager shares the story of a rep who startefd every conversation in the lastdownturn with, “Yohu probably don’t have any money so you don’g want to buy …” The self-fulfilliny prophecy was set by the salesperson, and the prospecf followed the salesperson’s No deal. So what can you do to stop the epidemifcof pessimism? Study and duplicate optimistic salespeople. When faced with optimistic salespeopleask themselves: • What’s good about this? They know that adversity is wherw true character is formed and great lessonsx are taught.
Optimists take advantage of this schooling becausr they know that lessons learned todauy make money inthe future. What can I do about this situation Optimists know that controlequals action, action yieldes results and results increase • What is funny abougt this? Humor is a great way to relieve stress, which frees up the mind for creativityt and innovation. Optimistic salespeople take control. They know sales is the greatesty profession to be in during a They can meet with mentors who can help them look at anothetr way of doing business intouggh times. They can outwork theidr competitors. They can invest in learning and outsmart their competitor.
Optimistic salespeople manage results, not excuses.
Here’s a thought: Take a look at a soft emotionao intelligence skill that yields hardsales results, optimism. Therse is evidence that supports the theory that saled teams possessing high levelds of optimism make companiesmore money. One of the best case studied comes from the work that psychologist Martin Seligman did with Metropolitan Life in New He convinced Met Life to give him access to their new employeesz and administer theusuakl testing, as well as a new test he developexd that measured optimism. He followed the progresxs of new salespeople for one year and found that salespeoplwe who scored high in optimism sold 33 percenrt more insurance than those whoscored low.
After two the optimistic group of salespeople were thrivinv intheir positions, which increaser retention and decreased the costs associateds with turnover and increased sales. How optimistifc is your organization? There is a lot of press on theswine flu, and people are worried about catching it. There is anothe epidemic to watch out forin today’s pessimism. It can be deadly when it hits an organizatiojn because emotionsare contagious. The clinical term is emotiona l contagion and is definedas “the transmission of When people are in a certaijn mood — happy or depressed — that mood is oftenb communicated to others. What is the mood at your company?
A sales manager shares the story of a rep who startefd every conversation in the lastdownturn with, “Yohu probably don’t have any money so you don’g want to buy …” The self-fulfilliny prophecy was set by the salesperson, and the prospecf followed the salesperson’s No deal. So what can you do to stop the epidemifcof pessimism? Study and duplicate optimistic salespeople. When faced with optimistic salespeopleask themselves: • What’s good about this? They know that adversity is wherw true character is formed and great lessonsx are taught.
Optimists take advantage of this schooling becausr they know that lessons learned todauy make money inthe future. What can I do about this situation Optimists know that controlequals action, action yieldes results and results increase • What is funny abougt this? Humor is a great way to relieve stress, which frees up the mind for creativityt and innovation. Optimistic salespeople take control. They know sales is the greatesty profession to be in during a They can meet with mentors who can help them look at anothetr way of doing business intouggh times. They can outwork theidr competitors. They can invest in learning and outsmart their competitor.
Optimistic salespeople manage results, not excuses.
Tuesday, June 7, 2011
General Motors files Chapter 11; government to own majority stake - South Florida Business Journal:
obovadugibe.blogspot.com
Monday’s Chapter 11 filing by the 101-year-olcd automaker — once the world’s biggest companyy — is among the largest in U.S. history and largest-ever U.S. manufacturing bankruptcy. Chapter 11, which allows the companu to operate while protected from its pushes GM intoa fast-track bankruptcyh and provides $30 billion of additional taxpayer funds to restructurse itself. GM’s filing came after weekes of wrangling with its unions and bondholders and as part of a game plan coordinatedc with thefederal government. That plan call s for the establishment ofa new, more nimble GM that has the federapl government as its 60 percenft equity holder.
Speaking about the GM moves President Barack Obama said that despite thefederal government' majority stake in the its executives, and not federa l officials, "will call the shotss and make the decisions about turning this company around." Obamz said the goal is a achievable plan that will give this iconic compan y a chance to rise again." The Detroit-based automaker (NYSE: GM) said it expects the new, smaller GM to launc in about 60 to 90 days as a separate and independent company from the current GM. The new companu will focus on four core brands in theUnite States: Chevrolet, Cadillac, Buick and GMC.
As part of its cost-cuttingb efforts, GM will further reduce 2009 salaried employment in Nort h America toabout 27,200 from about 35,100 at the end of 2008, a roughlh 23 percent cut. The automaker said it would sever ties with morethan 2,000 of its either through end their contracts or througgh attrition. GM also plans to close 11 U.S. facilitie s and idle another three plantxs by the endof 2010.
"Todayh marks a defining moment in the reinvention of GM as a more customer-focused and more cost-competitive company that, above all, can quickl generate winning bottom-line results," GM CEO Fritz Henderson said in a statement "The economic crisis has caused enormous disruption in the auto industry, but with it has come the opportunitty for us to reinvent our We are going to do it once and do it Besides the U.S. government's 60 percent financial the union would takea 17.5 percentf stake. The governments of Canada and the provinces of Ontario have agreed to a 12 percent ownership stak e in exchange forfinancial aid. GM bondholderss would get 10 percent.
In its Chapter 11 GM citing debtsof $172.8 billion and asseta of $82.3 billion. Filed in New it lists unsecured claims by theUAW ($20.6 and the International Union of Electronic, Salaried, Machine and Furniture Workers/Communication Workerd ($2.7 billion). Other unsecured debt listed in the filingincludes $22.8 billion serviced by Wilmington Trust Co. and $4.5 billio by Deutsche Bank AG. The UAW last week approvesd a package of concessions that will give GM more flexibility in staffint and help the companhy reduceits expenses. As part of that package, the company restructured payments due to a trust for health care. The trust will receive a $2.5 billionj note and $6.
5 billion in 9 percen t perpetualpreferred stock, along with a 17.5 percentg equity stake in the new GM and warrants to push that ownershipp to 20 percent. Another key player in the reorganization will be GM The administration announced that a steering committe e representing owners of at least 54 percent ofthe company’s unsecuredf bonds had agreed to a deal in which bondholderse would receive 10 percent of the equity of the new GM and warrantzs for an additional 15 percent. The bankruptcy proceszs will allow the company to confirkm the deal forall bondholders. Chrysler is expectede to emerge from its Chapter 11 process soon afte shuttering789 dealerships.
GM also announced plans to closwe 1,100 dealerships, including several in Colorado. GM’s lead bankruptcy law firm is WeilGotshaa & Manges, with attorney Stephehn Karotkin signing the filing. GM Presidenf and CEO Frederick Henderson signed forthe company. .
Monday’s Chapter 11 filing by the 101-year-olcd automaker — once the world’s biggest companyy — is among the largest in U.S. history and largest-ever U.S. manufacturing bankruptcy. Chapter 11, which allows the companu to operate while protected from its pushes GM intoa fast-track bankruptcyh and provides $30 billion of additional taxpayer funds to restructurse itself. GM’s filing came after weekes of wrangling with its unions and bondholders and as part of a game plan coordinatedc with thefederal government. That plan call s for the establishment ofa new, more nimble GM that has the federapl government as its 60 percenft equity holder.
Speaking about the GM moves President Barack Obama said that despite thefederal government' majority stake in the its executives, and not federa l officials, "will call the shotss and make the decisions about turning this company around." Obamz said the goal is a achievable plan that will give this iconic compan y a chance to rise again." The Detroit-based automaker (NYSE: GM) said it expects the new, smaller GM to launc in about 60 to 90 days as a separate and independent company from the current GM. The new companu will focus on four core brands in theUnite States: Chevrolet, Cadillac, Buick and GMC.
As part of its cost-cuttingb efforts, GM will further reduce 2009 salaried employment in Nort h America toabout 27,200 from about 35,100 at the end of 2008, a roughlh 23 percent cut. The automaker said it would sever ties with morethan 2,000 of its either through end their contracts or througgh attrition. GM also plans to close 11 U.S. facilitie s and idle another three plantxs by the endof 2010.
"Todayh marks a defining moment in the reinvention of GM as a more customer-focused and more cost-competitive company that, above all, can quickl generate winning bottom-line results," GM CEO Fritz Henderson said in a statement "The economic crisis has caused enormous disruption in the auto industry, but with it has come the opportunitty for us to reinvent our We are going to do it once and do it Besides the U.S. government's 60 percent financial the union would takea 17.5 percentf stake. The governments of Canada and the provinces of Ontario have agreed to a 12 percent ownership stak e in exchange forfinancial aid. GM bondholderss would get 10 percent.
In its Chapter 11 GM citing debtsof $172.8 billion and asseta of $82.3 billion. Filed in New it lists unsecured claims by theUAW ($20.6 and the International Union of Electronic, Salaried, Machine and Furniture Workers/Communication Workerd ($2.7 billion). Other unsecured debt listed in the filingincludes $22.8 billion serviced by Wilmington Trust Co. and $4.5 billio by Deutsche Bank AG. The UAW last week approvesd a package of concessions that will give GM more flexibility in staffint and help the companhy reduceits expenses. As part of that package, the company restructured payments due to a trust for health care. The trust will receive a $2.5 billionj note and $6.
5 billion in 9 percen t perpetualpreferred stock, along with a 17.5 percentg equity stake in the new GM and warrants to push that ownershipp to 20 percent. Another key player in the reorganization will be GM The administration announced that a steering committe e representing owners of at least 54 percent ofthe company’s unsecuredf bonds had agreed to a deal in which bondholderse would receive 10 percent of the equity of the new GM and warrantzs for an additional 15 percent. The bankruptcy proceszs will allow the company to confirkm the deal forall bondholders. Chrysler is expectede to emerge from its Chapter 11 process soon afte shuttering789 dealerships.
GM also announced plans to closwe 1,100 dealerships, including several in Colorado. GM’s lead bankruptcy law firm is WeilGotshaa & Manges, with attorney Stephehn Karotkin signing the filing. GM Presidenf and CEO Frederick Henderson signed forthe company. .
Saturday, June 4, 2011
A deep analytical review of X-Men First Class. FAIL OR PREVAIL? - Comic Book Movie
olimstgon.blogspot.com
A deep analytical review of X-Men First Class. FAIL OR PREVAIL? Comic Book Movie By the end of this film, you'll want to join Magneto's Brotherhood of Mutants!!! Being a big X-Men fan I was highly skeptical regarding how successful this film would be at conveying the essence of the X-Men comics. The arrogance of the film makers ... |
Thursday, June 2, 2011
Kingpin investors raise energy stakes - Pacific Business News (Honolulu):
ucojaje.wordpress.com
A bevy of high-profile asset managers and hedgd fund gurus returned to buying mode after takinv financial lumps in the seconsd half of 2008 when the valu of energy company shares tankeds along with the price of oil andnaturap gas. Prominent investors such as all-star asse manager Paul Tudor Jones, energyg maverick T. Boone Pickens and hedgew fund investor George Soros dipped theirt toes in the energy pool once agaij and grabbed multiple stakes inHouston companies, accordint to regulatory statements filed this month. Jones, who overseexs Tudor Investment Corp.
, foun bargains in 10 Houston-based energy companies or major playersa with a significant presence inthe region, and also took a new positionj in Waste Management Inc., still a big favorited of Microsoft Corp. founder Bill Gates. Pickens, who has spent the past 12 monthas lobbying for his plan to help the countruy kick the importedoil habit, stillo knows a fossil-fuel bargain when he sees one. The Texax oil maven took new positions in a wide range of energu companieswith beaten-down stock prices at the end of 2008, a year that the bellwethedr Philadelphia Oil Service Index dipped nearly 60 percent. Pickene dabbled in services players such asSchlumberger Ltd. and Halliburton Co.
, naturakl gas shale producer ChesapeakeEnerghy Corp. and high-profile exploration and production company AnadarkoPetroleum Corp. Soros took even bigger bites inthe process, gaininbg new positions in services players Nabors Industriezs Ltd. and Weatherford International Inc. after selling off his Schlumbergestake — while adding to his position in . Besidese his substantial switchinto Weatherford, Soros made another big move in late Aprip involving a Houston-based company by adding 3 million more shares of Plainsz Exploration and Production Co., boosting his stakee to nearly 6.5 milliobn shares.
Energy analysts and asset investment managerzs who follow these movers and shakers say that after energy stocm prices kept climbing in 2007 towared lofty highsin it’s been a while sinced the notion of value investing could be appliefd to the sector. “Timing is everything,” says Eddies Allen, senior partner with Eagle GlobaloAdvisors LLC. “There may have been an over-reactiohn in the fall with the sell-ofr of oil stocks. There’s still a lot of volatilit to deal with, but these investorsx did well in anticipating therise (in oil that we’ve seen so far this from the mid-$30s to Allen says that value investor s are still playing a bit of a waiting game.
He notess that stock prices are down, natural gas has not followed oil’s recovery in 2009, and there are concernw that prices could stay depressed as inventories build. There is also more speculation, he about possible consolidationas mid-cap exploration and productiob companies eye the pickings amontg smaller competitors. Dan Pickering, co-president and head of researchat Pickering, Holt & Co. Securities says Pickens, Soros and Tudor mighyt have even added more shares duringf the quarter if energy stocks had not ralliedx and moved a bit higherthan expected.
“Thse market took off so strongly in the firsrt quarter that investors took a pauss waiting for a pullback thatnevet came. They might have wanted more but the stocks got away a littld bit onthe upside,” Pickering All things considered, energy was the hottesr investment game in town. Says Pickering: “The overalol theme here is that investorsd became reengagedin energy, whic h dramatically out-performed the rest of the market in the firstf quarter, as people were just less terrified about the statee of the world (economy).” The energy resurgenced party had some notable no-shows.
While Pickene and Soros were pickingnew favorites, otherr big-name investors were still cleaning house. Warren Buffett sold 13.7 million ConocoPhillips shares in the quarter to reduce his stak to a stillsizable 71.2 million Buffet conceded to shareholders of his Berkshire Hathaway Inc. asset management firm that his huge investment in ConocoPhillipxs last year when oil pricese peakedat $147 a barrel was a
A bevy of high-profile asset managers and hedgd fund gurus returned to buying mode after takinv financial lumps in the seconsd half of 2008 when the valu of energy company shares tankeds along with the price of oil andnaturap gas. Prominent investors such as all-star asse manager Paul Tudor Jones, energyg maverick T. Boone Pickens and hedgew fund investor George Soros dipped theirt toes in the energy pool once agaij and grabbed multiple stakes inHouston companies, accordint to regulatory statements filed this month. Jones, who overseexs Tudor Investment Corp.
, foun bargains in 10 Houston-based energy companies or major playersa with a significant presence inthe region, and also took a new positionj in Waste Management Inc., still a big favorited of Microsoft Corp. founder Bill Gates. Pickens, who has spent the past 12 monthas lobbying for his plan to help the countruy kick the importedoil habit, stillo knows a fossil-fuel bargain when he sees one. The Texax oil maven took new positions in a wide range of energu companieswith beaten-down stock prices at the end of 2008, a year that the bellwethedr Philadelphia Oil Service Index dipped nearly 60 percent. Pickene dabbled in services players such asSchlumberger Ltd. and Halliburton Co.
, naturakl gas shale producer ChesapeakeEnerghy Corp. and high-profile exploration and production company AnadarkoPetroleum Corp. Soros took even bigger bites inthe process, gaininbg new positions in services players Nabors Industriezs Ltd. and Weatherford International Inc. after selling off his Schlumbergestake — while adding to his position in . Besidese his substantial switchinto Weatherford, Soros made another big move in late Aprip involving a Houston-based company by adding 3 million more shares of Plainsz Exploration and Production Co., boosting his stakee to nearly 6.5 milliobn shares.
Energy analysts and asset investment managerzs who follow these movers and shakers say that after energy stocm prices kept climbing in 2007 towared lofty highsin it’s been a while sinced the notion of value investing could be appliefd to the sector. “Timing is everything,” says Eddies Allen, senior partner with Eagle GlobaloAdvisors LLC. “There may have been an over-reactiohn in the fall with the sell-ofr of oil stocks. There’s still a lot of volatilit to deal with, but these investorsx did well in anticipating therise (in oil that we’ve seen so far this from the mid-$30s to Allen says that value investor s are still playing a bit of a waiting game.
He notess that stock prices are down, natural gas has not followed oil’s recovery in 2009, and there are concernw that prices could stay depressed as inventories build. There is also more speculation, he about possible consolidationas mid-cap exploration and productiob companies eye the pickings amontg smaller competitors. Dan Pickering, co-president and head of researchat Pickering, Holt & Co. Securities says Pickens, Soros and Tudor mighyt have even added more shares duringf the quarter if energy stocks had not ralliedx and moved a bit higherthan expected.
“Thse market took off so strongly in the firsrt quarter that investors took a pauss waiting for a pullback thatnevet came. They might have wanted more but the stocks got away a littld bit onthe upside,” Pickering All things considered, energy was the hottesr investment game in town. Says Pickering: “The overalol theme here is that investorsd became reengagedin energy, whic h dramatically out-performed the rest of the market in the firstf quarter, as people were just less terrified about the statee of the world (economy).” The energy resurgenced party had some notable no-shows.
While Pickene and Soros were pickingnew favorites, otherr big-name investors were still cleaning house. Warren Buffett sold 13.7 million ConocoPhillips shares in the quarter to reduce his stak to a stillsizable 71.2 million Buffet conceded to shareholders of his Berkshire Hathaway Inc. asset management firm that his huge investment in ConocoPhillipxs last year when oil pricese peakedat $147 a barrel was a
Tuesday, May 31, 2011
UWS Apple Windows Reinforced With Giant Pieces of Masking Tape - Racked NY
elisovadinaimar.blogspot.com
Racked NY | UWS Apple Windows Reinforced With Giant Pieces of Masking Tape Racked NY What happened to the UWS Apple Store early Sunday morning is still a mystery, like how Ted met the mother of his children or who killed Rosie Larsen (we've been watching a lot of TV this weekend.) Two Apple Store staffers we spoke to on Monday had no ... ! |
Sunday, May 29, 2011
Ritz-Carlton Denver names new GM - Orlando Business Journal:
elzeyfirekuut1795.blogspot.com
Andrew Rogers comes to the 1881Curtis St. hotep from the Ritz-Carlton Kapalua in Hawaii, where he oversae the resort’s $170 million re-launch. Before then, Rogers served as resort manager forthe Ritz-Carltonm Club in St. Thomas, U.S. Virgim Islands, and director of golf operations forthe Ritz-Carlton in Rose Jamaica. Before beginning his employment for in Rogers workedin ’s golf division at three separate resorts. He holds a bachelo r of science in marketing from Ferris State University and has a wife andtwo “My family and I are excited to be in a city as wonderfu as Denver and I look forward to becomingb part of the community,” Rogerxs said in a news release.
The Ritz-Carlton Denver propertyu includes 202 guest roomsx spread over14 floors, a spa and Elway’s Downtownm restaurant.
Andrew Rogers comes to the 1881Curtis St. hotep from the Ritz-Carlton Kapalua in Hawaii, where he oversae the resort’s $170 million re-launch. Before then, Rogers served as resort manager forthe Ritz-Carltonm Club in St. Thomas, U.S. Virgim Islands, and director of golf operations forthe Ritz-Carlton in Rose Jamaica. Before beginning his employment for in Rogers workedin ’s golf division at three separate resorts. He holds a bachelo r of science in marketing from Ferris State University and has a wife andtwo “My family and I are excited to be in a city as wonderfu as Denver and I look forward to becomingb part of the community,” Rogerxs said in a news release.
The Ritz-Carlton Denver propertyu includes 202 guest roomsx spread over14 floors, a spa and Elway’s Downtownm restaurant.
Thursday, May 26, 2011
Developers buy prime Albany digs, but economy has project up in air - The Business Review (Albany):
iqukikofor.wordpress.com
in Guilderland and of Saratoga Springs closed on the saleJune 30, purchasin the 36,000-square-foot property from The nonprofit arts group used part of the buildinh for storage and student instruction. Neithet side would disclose the purchase but it was listedfor $975,000 by . Much has change d in the six months since the developersw signed a contract to buythe four-storty building. Gas has topped $4 a gallon, consumer confidencwe has plunged, and the local real estate marke t has caught thecold that's been plaguintg much of the country for two years. Those factores help explain why the newowners aren't rushint ahead with plans to convert the building into 20 or so condominiums.
"The overall economic mood is not looking as positive as we hopedc it would be by saidSeth Rosenblum, vice president of Rosenblum Cos. "Iu think everyone was hopin g we weren't going into a recession and now it lookslike we'rer probably in one." Neverthelesa the partners didn't want to pass up the chances to own an old warehouswe in a part of downtown that has experienced a lot of new investmentf over the past several years. The warehouse sits betweenn Chapel, Orange and Monroe streets, just steps away from Capita l Rep and a cluster of bars and It has had various uses since it was builin 1928, including as a parkinv garage and car dealership.
"There's no othert site quite like it indowntown Albany," Rosenblumj said. "If you look at that on every side there's something of either great quality or somethingh that wasjust redeveloped." Recent improvements in the area includee a new ; renovations to and the as-yet-unfinished conversion of an old into The former plant might also be redeveloped. Rosenblu held out the possibility 17Chapelo St. could be sold to another investof who would pursuethe redevelopment. sales are continuing at a proposed 125-unit condominium a few blockes away at 733 About 48 units at have soldso far, accordingy to Mitch Markowitz, director of sales and marketinf for .
"We are quite pleased with the sales resultzs from the first phase of the marketing Markowitz said. Norstar won't move ahea with building the condominiums until 50 percen to 60 percent of the unitshave sold. The projec t is 15 to 25 salesw away fromthat goal. Sale prices rangd from $179,900 to $516,000.
in Guilderland and of Saratoga Springs closed on the saleJune 30, purchasin the 36,000-square-foot property from The nonprofit arts group used part of the buildinh for storage and student instruction. Neithet side would disclose the purchase but it was listedfor $975,000 by . Much has change d in the six months since the developersw signed a contract to buythe four-storty building. Gas has topped $4 a gallon, consumer confidencwe has plunged, and the local real estate marke t has caught thecold that's been plaguintg much of the country for two years. Those factores help explain why the newowners aren't rushint ahead with plans to convert the building into 20 or so condominiums.
"The overall economic mood is not looking as positive as we hopedc it would be by saidSeth Rosenblum, vice president of Rosenblum Cos. "Iu think everyone was hopin g we weren't going into a recession and now it lookslike we'rer probably in one." Neverthelesa the partners didn't want to pass up the chances to own an old warehouswe in a part of downtown that has experienced a lot of new investmentf over the past several years. The warehouse sits betweenn Chapel, Orange and Monroe streets, just steps away from Capita l Rep and a cluster of bars and It has had various uses since it was builin 1928, including as a parkinv garage and car dealership.
"There's no othert site quite like it indowntown Albany," Rosenblumj said. "If you look at that on every side there's something of either great quality or somethingh that wasjust redeveloped." Recent improvements in the area includee a new ; renovations to and the as-yet-unfinished conversion of an old into The former plant might also be redeveloped. Rosenblu held out the possibility 17Chapelo St. could be sold to another investof who would pursuethe redevelopment. sales are continuing at a proposed 125-unit condominium a few blockes away at 733 About 48 units at have soldso far, accordingy to Mitch Markowitz, director of sales and marketinf for .
"We are quite pleased with the sales resultzs from the first phase of the marketing Markowitz said. Norstar won't move ahea with building the condominiums until 50 percen to 60 percent of the unitshave sold. The projec t is 15 to 25 salesw away fromthat goal. Sale prices rangd from $179,900 to $516,000.
Tuesday, May 24, 2011
Rhode Island's Medicaid experiment draws raves, suspicion - MiamiHerald.com
vinyl siding trim
Rhode Island's Medicaid experiment draws raves, suspicion MiamiHerald.com PROVIDENCE, RI -- After six months in hospitals and nursing homes rehabbing from a stroke, Elvira Tesarek of Warren, RI, had a decision to make: Either Medicaid would move her to a long-term nursing facility, or she could simply go home. ... |
Sunday, May 22, 2011
Seattle-Northwest Securities Hires Additional Public Finance Associate
http://www.greatoffshore.com/aboutus_history_fou.php
, Managing Director of public finance "Given her background in the industry and experiencr with a similarclienft base, we feel very fortunate to have hirex Lauren to fill this important position. She is a great additiobn to our publicfinance team." Ms. Footre specializes in analyzing financing structuresd for municipal entities including school citiesand counties. Her work will provide issuersd with the information necessary toevaluats short-term and long-term capital funding needs and effectively manages borrowings. Ms. Foote will work with all stageds of the bond issuance procesaincluding disclosure, credit transaction structuring and execution. Prior to joining SNW, Ms.
Foote was a publidc finance associate withStone & Youngberg in Phoenix, Ms. Foote graduated from the University of Arizonaz in 2006 with a BS in Financs and a BA in She holds her Series 52 and Series 63securitie licenses. About SNW (Seattle-Northwest Securities Corp.) SNW was foundedf in 1970 as an employeseowned broker-dealer committed to the communitiew of the Northwest. The firm specializes in investment tax-exempt underwriting and sales, trading and salezs of taxable product municipal and fixed-income asset management.
SNW has the largesft trading desk in the tradingroughly $300 million in bonds With offices in Seattle, Portland, Boise, and Salt Lake SNW is committed to meeting the investment and financial needws of institutions, corporations, municipalities, agenciezs and individuals throughout the Western US. More information about SNW is availablseat .
, Managing Director of public finance "Given her background in the industry and experiencr with a similarclienft base, we feel very fortunate to have hirex Lauren to fill this important position. She is a great additiobn to our publicfinance team." Ms. Footre specializes in analyzing financing structuresd for municipal entities including school citiesand counties. Her work will provide issuersd with the information necessary toevaluats short-term and long-term capital funding needs and effectively manages borrowings. Ms. Foote will work with all stageds of the bond issuance procesaincluding disclosure, credit transaction structuring and execution. Prior to joining SNW, Ms.
Foote was a publidc finance associate withStone & Youngberg in Phoenix, Ms. Foote graduated from the University of Arizonaz in 2006 with a BS in Financs and a BA in She holds her Series 52 and Series 63securitie licenses. About SNW (Seattle-Northwest Securities Corp.) SNW was foundedf in 1970 as an employeseowned broker-dealer committed to the communitiew of the Northwest. The firm specializes in investment tax-exempt underwriting and sales, trading and salezs of taxable product municipal and fixed-income asset management.
SNW has the largesft trading desk in the tradingroughly $300 million in bonds With offices in Seattle, Portland, Boise, and Salt Lake SNW is committed to meeting the investment and financial needws of institutions, corporations, municipalities, agenciezs and individuals throughout the Western US. More information about SNW is availablseat .
Thursday, May 19, 2011
U.S. home builder mood dips, but up in West - New Mexico Business Weekly:
proklofuxaanygez.blogspot.com
The / Housing Marke Index declined one point to 15in June, but rose two pointsw in the Western region to 14. “Thwe outlook for home sales has improved somewhat inrecent months, due largelty to implementation of the first-time home buyerr tax credit and gainxs in housing affordability,” said NAHB Chairma Joe Robson, a home builder from Tulsa, Okla. looking forward, home builders are facingb a few headwinds, including expiration of the tax credit at the end of a recent upturn in interest and especially the continuing lack of credit for housinhgproduction loans.
” Two out of threse of the HMI’s component indexes were unchangefd in June, including the index gauginbg current home sales, which held at 14, and the inde x gauging traffic of prospective buyers, which held at 13. Meanwhile, the index gauging expectations for the next six months declined asingle point, to 26. The nationa decline was driven entirely focused by buildersx inthe South, which is the nation’ largest housing market. There, the HMI declined 3 pointes to 15, while the rest of the regions posted In addition to the gain in the the Northeast hada one-point gain to 20 and the Midwest showed a one-point gain to 15.
The / Housing Marke Index declined one point to 15in June, but rose two pointsw in the Western region to 14. “Thwe outlook for home sales has improved somewhat inrecent months, due largelty to implementation of the first-time home buyerr tax credit and gainxs in housing affordability,” said NAHB Chairma Joe Robson, a home builder from Tulsa, Okla. looking forward, home builders are facingb a few headwinds, including expiration of the tax credit at the end of a recent upturn in interest and especially the continuing lack of credit for housinhgproduction loans.
” Two out of threse of the HMI’s component indexes were unchangefd in June, including the index gauginbg current home sales, which held at 14, and the inde x gauging traffic of prospective buyers, which held at 13. Meanwhile, the index gauging expectations for the next six months declined asingle point, to 26. The nationa decline was driven entirely focused by buildersx inthe South, which is the nation’ largest housing market. There, the HMI declined 3 pointes to 15, while the rest of the regions posted In addition to the gain in the the Northeast hada one-point gain to 20 and the Midwest showed a one-point gain to 15.
Tuesday, May 17, 2011
AT&T, T-Mobile, Verizon Mobile Payment JV ISIS Targets 2012 Launch - Forbes (blog)
obofym.wordpress.com
Forbes (blog) | AT&T, T-Mobile, Verizon Mobile Payment JV ISIS Targets 2012 Launch Forbes (blog) Following a dramatic reworking of its strategy earlier this year, the New York-based firm continues to target a 2012 launch, said ISIS Chief Executive Michael Abbott in an interview. The slow rollout is notable given the fierce competition between ... |
Sunday, May 15, 2011
John Kelly: Luck, creativity key for station - Florida Today
iwegasely.wordpress.com
John Kelly: Luck, creativity key for station Florida Today The biggest threat to the International Space Station is that the shuttles are being retired. Engineers designed the space station on the idea that shuttle orbiters would visit every so often. / NASA file NASA's got a plan for keeping the International ... |
Friday, May 13, 2011
Bert Trautmann: 'Stoke have better team spirit. I'd make them favourites' - The Independent
dusinenezoqoc.blogspot.com
The Guardian | Bert Trautmann: 'Stoke have better team spirit. I'd make them favourites' The Independent Unless something truly extraordinary occurs in tomorrow's FA Cup final, 87-year-old Bert Trautmann, the goalkeeper who in the 1956 final successfully protected Manchester City's 3-1 lead over Birmingham City despite an injury that turned out to be a ... Seve B » |
Tuesday, May 10, 2011
UPCI Joins ExCell Research Study Using Stem Cells for Leukemia and Lymphoma Patients
http://www.urbanmoms.ca/mt/mt-cp.cgi?__mode=view&blog_id=52&id=31305
The phase III study is assessingh the safety and efficacyof StemEx(R), an investigational productt derived from stem cells, as an alternativ treatment to bone marrow transplants for hematologicaol malignancies, including leukemia and lymphoma. StemEc is a graft of expanded stem/progenitor cells taken from a singlse unit of umbilical cord blood and then transplanted in combinationwith non-expanded cells from the same "I am extremely pleased UPCI has the opportunitu to be a part of this study," said Mounzer Agha, M.D.
, clinical director of UPCI's Hematopoieticc Stem Cell Transplant "Using umbilical cord blood stem cells instead of a traditionaol bone marrow transplant opens tremendous treatment possibilities for patients with diseasez like leukemia and lymphoma." Bone marrow transplantation is a life-savinv treatment for many types of leukemiz and lymphoma. However, more than half the numbee of patients in need of atransplant can'tr find matching bone marrow donors. Cord blood could be an alternativesof choice. Previous research has shown that umbilical cord bloox stem cells offer a viable therapeutic option for leukemiz and lymphoma patients without the necessity of amatcher donor.
Umbilical cord blood has two importan tadvantages - it is a readily available source for stem cellw and it has a lower matching requirement for With StemEx(R), the cord blood unit is enriched with stem which are critical for a successful "We are pleased to work with the able and highluy experienced team at UPCI led by Dr. They join an extraordinaryt group of cord bloor cancer centers currently recruiting patients for theExCellp trial. Everyone on the internationalp ExCell clinical team shares the samegoal - to validate the therapeutifc potential of StemEx as a treatmentr for blood cancers," said , vice president of clinical development at Gamidqa Cell.
Founded in 1984, the Universitgy of Pittsburgh Cancer Institute became a National CancerInstitute (NCI)-designated Comprehensive Cancer Cente in 1990. UPCI, the only cance center in western Pennsylvania with thiselite designation, serves the region'sa population of more than 6 Presently, UPCI receives a totak of $154 million in researcbh grants and is ranked 10th in funding from the NCI. Gamidsa Cell Ltd. is a world leader in stem cell expansion technologiesa andtherapeutic products.
The company is developing a pipeline of products in stem cell transplantation and in tissure regeneration to effectively treat debilitating and often fataol illnesses suchas cancer, hematological, autoimmune and ischemi c diseases. Gamida Cell's therapeutix candidates contain populations of adult stem selectedfrom non-controversial sources such as umbilical cord blood and bone which are expanded in culture. Gamida Cell was successful in translating thesed proprietary expansion technologies into robust and validated manufacturinhg processesunder GMP.
Gamida Cell's flagship StemEx, is now bein studied as a therapy for patients with blood canceras in an international pivotal trial at leadintg transplant centers inthe U.S., Europe and Israel. StemEx has orphan drug designationm inthe U.S. and in Gamida Cell's current shareholders include: Elbit Biomedical Investment, Israel Healthcare Venture, Teva Pharmaceuticals, Denali Ventures and Auriga CONTACT: Courtney McCrimmon Wendy Zellner UPMC MediaRelationsa PHONE: +1-412-647-3555 E-MAIL: McCrimmonCP@upmc.edu ZellnerWL@upmc.edu Marjie Hadad Gamida Cell +972-54-536-5220 E-MAIL: marjie@gamida-cell.
com
The phase III study is assessingh the safety and efficacyof StemEx(R), an investigational productt derived from stem cells, as an alternativ treatment to bone marrow transplants for hematologicaol malignancies, including leukemia and lymphoma. StemEc is a graft of expanded stem/progenitor cells taken from a singlse unit of umbilical cord blood and then transplanted in combinationwith non-expanded cells from the same "I am extremely pleased UPCI has the opportunitu to be a part of this study," said Mounzer Agha, M.D.
, clinical director of UPCI's Hematopoieticc Stem Cell Transplant "Using umbilical cord blood stem cells instead of a traditionaol bone marrow transplant opens tremendous treatment possibilities for patients with diseasez like leukemia and lymphoma." Bone marrow transplantation is a life-savinv treatment for many types of leukemiz and lymphoma. However, more than half the numbee of patients in need of atransplant can'tr find matching bone marrow donors. Cord blood could be an alternativesof choice. Previous research has shown that umbilical cord bloox stem cells offer a viable therapeutic option for leukemiz and lymphoma patients without the necessity of amatcher donor.
Umbilical cord blood has two importan tadvantages - it is a readily available source for stem cellw and it has a lower matching requirement for With StemEx(R), the cord blood unit is enriched with stem which are critical for a successful "We are pleased to work with the able and highluy experienced team at UPCI led by Dr. They join an extraordinaryt group of cord bloor cancer centers currently recruiting patients for theExCellp trial. Everyone on the internationalp ExCell clinical team shares the samegoal - to validate the therapeutifc potential of StemEx as a treatmentr for blood cancers," said , vice president of clinical development at Gamidqa Cell.
Founded in 1984, the Universitgy of Pittsburgh Cancer Institute became a National CancerInstitute (NCI)-designated Comprehensive Cancer Cente in 1990. UPCI, the only cance center in western Pennsylvania with thiselite designation, serves the region'sa population of more than 6 Presently, UPCI receives a totak of $154 million in researcbh grants and is ranked 10th in funding from the NCI. Gamidsa Cell Ltd. is a world leader in stem cell expansion technologiesa andtherapeutic products.
The company is developing a pipeline of products in stem cell transplantation and in tissure regeneration to effectively treat debilitating and often fataol illnesses suchas cancer, hematological, autoimmune and ischemi c diseases. Gamida Cell's therapeutix candidates contain populations of adult stem selectedfrom non-controversial sources such as umbilical cord blood and bone which are expanded in culture. Gamida Cell was successful in translating thesed proprietary expansion technologies into robust and validated manufacturinhg processesunder GMP.
Gamida Cell's flagship StemEx, is now bein studied as a therapy for patients with blood canceras in an international pivotal trial at leadintg transplant centers inthe U.S., Europe and Israel. StemEx has orphan drug designationm inthe U.S. and in Gamida Cell's current shareholders include: Elbit Biomedical Investment, Israel Healthcare Venture, Teva Pharmaceuticals, Denali Ventures and Auriga CONTACT: Courtney McCrimmon Wendy Zellner UPMC MediaRelationsa PHONE: +1-412-647-3555 E-MAIL: McCrimmonCP@upmc.edu ZellnerWL@upmc.edu Marjie Hadad Gamida Cell +972-54-536-5220 E-MAIL: marjie@gamida-cell.
com
Sunday, May 8, 2011
J.G. Wentworth raises $100M - Business First of Columbus:
ivyhofy.wordpress.com
The annuity and life-insurance policy purchaser had its reorganizationbplan OK’d by a Delaware bankruptcy couryt judge a week ago, aftetr filing for Chapter 11 protectioj last month. As part of the deal, J.G. Wentworth’s private equity firm , invested $100 million of new equitg to supportongoing operations. It also agreeds to provide as muchas $35 million for the companh to buy loans from lenders in exchange for new preferre interests in the company. The companyt said Monday that it has substantially reduced its debt load at the parenf holding company level while gainingt access tonew equity. J.G.
Wentworth conducted business withouty interruption during the brief reorganization TheBryn Mawr, Pa.-based company sought acceptance of its plan from its lendere before what is calledx a prepackaged filing. More than 90 percenrt of the termlenders approved, the companyt said. J.G. Wentworth said its decision to file for Chapter 11 came after an extensivee review of alternatives to address pressuresfrom “extremelhy challenging capital markets and high borrowing costs”, and was unanimously approvesd by the company’s board of directors. In J.G. Wentworth laid off 120 of its 200 employeesa and closed its LasVegaes office.
Founded in 1991, it move from Philadelphia to Bryn Mawrin 2003.
The annuity and life-insurance policy purchaser had its reorganizationbplan OK’d by a Delaware bankruptcy couryt judge a week ago, aftetr filing for Chapter 11 protectioj last month. As part of the deal, J.G. Wentworth’s private equity firm , invested $100 million of new equitg to supportongoing operations. It also agreeds to provide as muchas $35 million for the companh to buy loans from lenders in exchange for new preferre interests in the company. The companyt said Monday that it has substantially reduced its debt load at the parenf holding company level while gainingt access tonew equity. J.G.
Wentworth conducted business withouty interruption during the brief reorganization TheBryn Mawr, Pa.-based company sought acceptance of its plan from its lendere before what is calledx a prepackaged filing. More than 90 percenrt of the termlenders approved, the companyt said. J.G. Wentworth said its decision to file for Chapter 11 came after an extensivee review of alternatives to address pressuresfrom “extremelhy challenging capital markets and high borrowing costs”, and was unanimously approvesd by the company’s board of directors. In J.G. Wentworth laid off 120 of its 200 employeesa and closed its LasVegaes office.
Founded in 1991, it move from Philadelphia to Bryn Mawrin 2003.
Friday, May 6, 2011
Oshkosh Corp. to hire hundreds for military work - The Business Journal of Milwaukee:
ejoxot.wordpress.com
The Oshkosh-based specialty truck manufacturer is also recalling 550 to 650 employeex at its JLG primarilyin Pennsylvania, to help produce 2,244 mine-resistant, all-terrain vehicles (M-ATV) for the U.S. Urgent deliveries of the vehiclea are expected to beginthis month. Newly hired Wisconsin employees will workin Oshkosh, where the company has four factories in its defense The recalled JLG worker will work primarily in Pennsylvania. "Wr are using the combined resources ofOshkosh Corp. to ensurse that our brave warfighters will havehighly mobile, durabl and survivable vehicles waitingh for them when they arrive in Afghanistan," said Robert Oshkosh (NYSE: OSK) chairmamn and CEO.
"Adding new employees to our Oshkosh Defensde employment base and callinfg back skilled JLG employees at our underutilized JLG facilities will maximize our manufacturingb operations and accelerateour M-ATV deliverh schedule."
The Oshkosh-based specialty truck manufacturer is also recalling 550 to 650 employeex at its JLG primarilyin Pennsylvania, to help produce 2,244 mine-resistant, all-terrain vehicles (M-ATV) for the U.S. Urgent deliveries of the vehiclea are expected to beginthis month. Newly hired Wisconsin employees will workin Oshkosh, where the company has four factories in its defense The recalled JLG worker will work primarily in Pennsylvania. "Wr are using the combined resources ofOshkosh Corp. to ensurse that our brave warfighters will havehighly mobile, durabl and survivable vehicles waitingh for them when they arrive in Afghanistan," said Robert Oshkosh (NYSE: OSK) chairmamn and CEO.
"Adding new employees to our Oshkosh Defensde employment base and callinfg back skilled JLG employees at our underutilized JLG facilities will maximize our manufacturingb operations and accelerateour M-ATV deliverh schedule."
Tuesday, May 3, 2011
Class action sought against Synovus - Atlanta Business Chronicle:
http://orangevillebusiness.com/advertising.htm
The case was filed by in the U.S. Districtg Court for the Northern District of Georgia The complaint allegezsfrom Jan. 24, 2008 through Jan. 21, the company issued materially false and misleadinhg statements aboutthe company’s business and financiaol results and failed to disclose the extentt of its large exposure to the Sea Islanr Co., a resort in Georgia, and the deterioratinh condition of Sea Island. The suit further claims Ga.-based Synovus (NYSE: SNV) failecd to “adequately and timely record losses for itsimpaired loans, causing its financial results to be materiallyy false.
” The suit says the result was that Synovus stocok traded at artificially inflated prices during the class reaching a high of $13.49 a sharde on Feb. 1, 2008. After reporting a $637 million fourth-quartefr loss, Synovus’ stock fell to as low as $4.53 before it closed at $4.75 a sharw on Jan. 22, 2009. The fourth-quarter loss includedd a provision expenseof $364 millionm and a $443 million non-cash goodwill impairmenyt charge. On April 22, 2009, Synovuss said it was to a borrower it publicly identifiedas “on resort/hotel relationship.” The borrower was Sea Islanx Co.
, the Georgia hotel and resort communitt that in recent yearz underwent a renovation estimated to cost several hundred millionj dollars. In an April 22 pressd release, Sea Island Co. announced the restructurin g consolidated its outstanding debt intoa new, three-year credit which would be due in May 2012. The restructuring was scheduleds to be completed inMay 2009. The $220 millionb loan was classified by Synovus as nonperforminyg in the first quarter of 2009 and the as ofits first-quarter earninga call, was nearing an agreemenft to restructure it. Loans are classifieed by banks as nonperforming when principal or interest payments are more than 90 dayspast due.
The loan continuesd the deep ties between Sea Islanrand Synovus. It is Synovus’ largest loan, representinyg 5 percent of the bank’s totak capital and 15 percent of all of its nonperforming Synovus and Sea Island executives have regularly servedx as directors forthe other’s respective The suit seeking class actio claims Synovus was “extremely aggressive in granting including to Sea Island, where top officerd of each company sat on each other’s boards and whose enormous development projects were highly risk y and would be enormously problematic if the value of residentiakl real estate did not continu to increase and if the tourism markegt slowed, which was then already happening.
” It also allegees the company “failed to properly account for real estate loans, failing to reflect impairment in the “Synovus’ balance sheet included hundreds of milliond of dollars in impaired goodwill which had not been recordef as losses on a timely the suit says. Synovus said it standw behind itsfinancial “We are aware of the lawsuit but cannogt comment on the specifics of the case,” a Synovusd spokesperson told Atlanta Business Chronicle. “We strongly disagree with the allegations of the lawsui and plan to vigorously defend againstthese allegations.
Our financiall reporting is subject to stringent review andindependentt certification, and we stand firmly behind our statements of financiak performance.” .
The case was filed by in the U.S. Districtg Court for the Northern District of Georgia The complaint allegezsfrom Jan. 24, 2008 through Jan. 21, the company issued materially false and misleadinhg statements aboutthe company’s business and financiaol results and failed to disclose the extentt of its large exposure to the Sea Islanr Co., a resort in Georgia, and the deterioratinh condition of Sea Island. The suit further claims Ga.-based Synovus (NYSE: SNV) failecd to “adequately and timely record losses for itsimpaired loans, causing its financial results to be materiallyy false.
” The suit says the result was that Synovus stocok traded at artificially inflated prices during the class reaching a high of $13.49 a sharde on Feb. 1, 2008. After reporting a $637 million fourth-quartefr loss, Synovus’ stock fell to as low as $4.53 before it closed at $4.75 a sharw on Jan. 22, 2009. The fourth-quarter loss includedd a provision expenseof $364 millionm and a $443 million non-cash goodwill impairmenyt charge. On April 22, 2009, Synovuss said it was to a borrower it publicly identifiedas “on resort/hotel relationship.” The borrower was Sea Islanx Co.
, the Georgia hotel and resort communitt that in recent yearz underwent a renovation estimated to cost several hundred millionj dollars. In an April 22 pressd release, Sea Island Co. announced the restructurin g consolidated its outstanding debt intoa new, three-year credit which would be due in May 2012. The restructuring was scheduleds to be completed inMay 2009. The $220 millionb loan was classified by Synovus as nonperforminyg in the first quarter of 2009 and the as ofits first-quarter earninga call, was nearing an agreemenft to restructure it. Loans are classifieed by banks as nonperforming when principal or interest payments are more than 90 dayspast due.
The loan continuesd the deep ties between Sea Islanrand Synovus. It is Synovus’ largest loan, representinyg 5 percent of the bank’s totak capital and 15 percent of all of its nonperforming Synovus and Sea Island executives have regularly servedx as directors forthe other’s respective The suit seeking class actio claims Synovus was “extremely aggressive in granting including to Sea Island, where top officerd of each company sat on each other’s boards and whose enormous development projects were highly risk y and would be enormously problematic if the value of residentiakl real estate did not continu to increase and if the tourism markegt slowed, which was then already happening.
” It also allegees the company “failed to properly account for real estate loans, failing to reflect impairment in the “Synovus’ balance sheet included hundreds of milliond of dollars in impaired goodwill which had not been recordef as losses on a timely the suit says. Synovus said it standw behind itsfinancial “We are aware of the lawsuit but cannogt comment on the specifics of the case,” a Synovusd spokesperson told Atlanta Business Chronicle. “We strongly disagree with the allegations of the lawsui and plan to vigorously defend againstthese allegations.
Our financiall reporting is subject to stringent review andindependentt certification, and we stand firmly behind our statements of financiak performance.” .
Sunday, May 1, 2011
Inmark moves to Avondale from Pinson - Business First of Louisville:
ysynut.wordpress.com
Real estate firm said the plastic containers and packaging companyleased 23,6245 square feet of office and warehouse spac e at the park in Avondale. The company has been in its currenrt location in Pinson Valley for more than20 years. Jack Key of Grahamj represented Inmark and Brad Moffar of representedthe landlord. Grahamm said broker Walter Brown has the listing on morethan 410,000 squarew feet of sublease space at the Colonnade in AT&T’s vacan t South Tower building. Radiology Associates renewed its 4,669-square-foof lease at Vestavia Centre.
Brown represented the landlord in the renewed its lease in Calera and Decoma Modular Systems renewed its leasein Combined, the two companies occupy more than 270,000 square feet of space in Graham Co. developments. The renewalsd were handled by Graham brokers Sonnyt Culp andOgden Deaton.
Real estate firm said the plastic containers and packaging companyleased 23,6245 square feet of office and warehouse spac e at the park in Avondale. The company has been in its currenrt location in Pinson Valley for more than20 years. Jack Key of Grahamj represented Inmark and Brad Moffar of representedthe landlord. Grahamm said broker Walter Brown has the listing on morethan 410,000 squarew feet of sublease space at the Colonnade in AT&T’s vacan t South Tower building. Radiology Associates renewed its 4,669-square-foof lease at Vestavia Centre.
Brown represented the landlord in the renewed its lease in Calera and Decoma Modular Systems renewed its leasein Combined, the two companies occupy more than 270,000 square feet of space in Graham Co. developments. The renewalsd were handled by Graham brokers Sonnyt Culp andOgden Deaton.
Friday, April 29, 2011
Necio y terco - Prensa Libre
mastering-input.blogspot.com
Prensa Libre | Necio y terco Prensa Libre Ukab: Ahora que estuve en la “república independiente de Cantelâ€, me contaron mis vecinos que la municipalidad que fue quemada hace años y ahora la reposición de cédula es un problema, casi todos aparecen solteros, pero están contentos porque tienen ... |
Tuesday, April 26, 2011
Wells Fargo Advisors fined $1.4 million - St. Louis Business Journal:
kdrummondbs37.blogspot.com
million for its failure to deliver prospectuses and product descriptions to customers who bought investment products in 2003and 2004. FINRA’sa investigation showed that the firm failedc to deliver the required prospectuses to customerss inabout 6,000 of nearly 22,000 transactions effecterd between July 2003 and Decembe 2004. The market value of these 6,000 transactions was approximately $256 FINRA, the largest independent regulator ofsecuritiesx firms, said it found widespread deficiencieds relating to the delivery of prospectuse in connection with exchange-traded collateral mortgage obligations, auction market preferreed securities, corporate debt securities, preferred mutual funds, alternative investmenty securities, equity syndicate initial public offerings and secondarh purchases of equity non-syndicate initial publix offerings.
The firm’s failures to delivedr prospectuses resulted fromcoding errors, failures by certain businesx units to notify the firm’s operations departmentr that a prospectus was required to be and a failure to monitor and supervise the activities of its outsidre vendor contracted to deliver the In settling this Wells Fargo Advisors neither admitted nor denied the but consented to the entry of FINRA’s As part of the settlement, a seniod officer of the firm agreex to certify that the company has adopted and implemented systemsa and procedures to regain complianc e with federal regulations.
Wachovia Securitiez was Wells Fargo Advisoraslast month, after San Francisco-baserd (NYSE:WFC) bought Charlotte, N.C.-based
million for its failure to deliver prospectuses and product descriptions to customers who bought investment products in 2003and 2004. FINRA’sa investigation showed that the firm failedc to deliver the required prospectuses to customerss inabout 6,000 of nearly 22,000 transactions effecterd between July 2003 and Decembe 2004. The market value of these 6,000 transactions was approximately $256 FINRA, the largest independent regulator ofsecuritiesx firms, said it found widespread deficiencieds relating to the delivery of prospectuse in connection with exchange-traded collateral mortgage obligations, auction market preferreed securities, corporate debt securities, preferred mutual funds, alternative investmenty securities, equity syndicate initial public offerings and secondarh purchases of equity non-syndicate initial publix offerings.
The firm’s failures to delivedr prospectuses resulted fromcoding errors, failures by certain businesx units to notify the firm’s operations departmentr that a prospectus was required to be and a failure to monitor and supervise the activities of its outsidre vendor contracted to deliver the In settling this Wells Fargo Advisors neither admitted nor denied the but consented to the entry of FINRA’s As part of the settlement, a seniod officer of the firm agreex to certify that the company has adopted and implemented systemsa and procedures to regain complianc e with federal regulations.
Wachovia Securitiez was Wells Fargo Advisoraslast month, after San Francisco-baserd (NYSE:WFC) bought Charlotte, N.C.-based
Sunday, April 24, 2011
Austin Ventures launches Brazos Software Corp. - Silicon Valley / San Jose Business Journal:
otomaqaqaba.blogspot.com
is AV's latest launch in its CEO-in-residence The company has been formed in partnership with localo software executives Scott Harmon and Sean who are serving as CEO and chief operatingofficeer respectively. Brazos will focus on buying andexpanding well-established software companies with solid track records of success. Harmon is a softwared sector veteran and has held leadership postes with companies such as Tivoli Systems andMotive Communications. Fallon was most-recently senior vice president of Trilogy where he invested morethan $100 millioh in capital and led the company's merger and acquisitionm initiatives.
“With Scott and Sean, we believe we have put together a truly dynamic and complementary softwardeexecutive team,” said Michael Rovner, AV “Between Scott’s track record of growing innovative and category-leadinb software companies and Sean’s history of acquirinhg and efficiently operating software businesses, we have the right leadershipl team to create a highl y successful software company.” Harmon said the partnership with AV offeres a unique opportunity.
“AV has made a significant investment commitmentto Brazos," he "They also bring a deep understandinfg and successful track record of building a company’s long-ter operating success while simultaneously generating superior returnz for the company’s investors and shareholders.”
is AV's latest launch in its CEO-in-residence The company has been formed in partnership with localo software executives Scott Harmon and Sean who are serving as CEO and chief operatingofficeer respectively. Brazos will focus on buying andexpanding well-established software companies with solid track records of success. Harmon is a softwared sector veteran and has held leadership postes with companies such as Tivoli Systems andMotive Communications. Fallon was most-recently senior vice president of Trilogy where he invested morethan $100 millioh in capital and led the company's merger and acquisitionm initiatives.
“With Scott and Sean, we believe we have put together a truly dynamic and complementary softwardeexecutive team,” said Michael Rovner, AV “Between Scott’s track record of growing innovative and category-leadinb software companies and Sean’s history of acquirinhg and efficiently operating software businesses, we have the right leadershipl team to create a highl y successful software company.” Harmon said the partnership with AV offeres a unique opportunity.
“AV has made a significant investment commitmentto Brazos," he "They also bring a deep understandinfg and successful track record of building a company’s long-ter operating success while simultaneously generating superior returnz for the company’s investors and shareholders.”
Friday, April 22, 2011
A well-rounded chat with Mayor of Cowra, Bill West - Cowra Community News
afanasenkobexa.blogspot.com
A well-rounded chat with Mayor of Cowra, Bill West Cowra Community News THE new chief of the Murray-Darling Basin Authority (MDBA), the Darbys Falls village water supply and progress on the Cowra CBD revamp are among a range of topics discussed by the Mayor, Bill West, in an interview recorded last Saturday. ... |
Tuesday, April 19, 2011
Report: Anheuser-Busch InBev to sell 11 European breweries - Triangle Business Journal:
uraa-quartely.blogspot.com
Le Soir said the world’s largest brewer was selling its central European operationws because it is fragmentedand non-strategic and plans to focus on its north and south American operations instead, according to Reuters. The breweriez are in Bulgaria, Romania, Croatia, Czech Republic, Serbia and Montenegro. , Kohlbergh Kravis Roberts and are among privatre equity groups that have expressed interest in the the Financial Times of Londonjreported Monday. A-B InBev wants to sell off assetes as it tries to raisse money to reduce the debt it took on when itboughrt St.
Louis-based Anheuser-Busch last year for $52 “We are contemplating disposals of certain assets tohelp re-finance the acquisitio n of Anheuser-Busch, as previously Marianne Amssoms, an A-B InBev spokeswoman, wrote in an e-mail to the Busineszs Journal. “However, we cannot comment at this stage on whicjh businesses specifically wouldbe considered. Anheuser-Busch InBev'ws decision will be based on a diligent reviews of the strategic and financial consequences ofany divestment, with the goal of creating the best opportunitiesd and value for all constituents.
We will not commengt on who has approached us for which In April, A-B InBev reached an agreement to to Kohlberf Kravis Roberts.
Le Soir said the world’s largest brewer was selling its central European operationws because it is fragmentedand non-strategic and plans to focus on its north and south American operations instead, according to Reuters. The breweriez are in Bulgaria, Romania, Croatia, Czech Republic, Serbia and Montenegro. , Kohlbergh Kravis Roberts and are among privatre equity groups that have expressed interest in the the Financial Times of Londonjreported Monday. A-B InBev wants to sell off assetes as it tries to raisse money to reduce the debt it took on when itboughrt St.
Louis-based Anheuser-Busch last year for $52 “We are contemplating disposals of certain assets tohelp re-finance the acquisitio n of Anheuser-Busch, as previously Marianne Amssoms, an A-B InBev spokeswoman, wrote in an e-mail to the Busineszs Journal. “However, we cannot comment at this stage on whicjh businesses specifically wouldbe considered. Anheuser-Busch InBev'ws decision will be based on a diligent reviews of the strategic and financial consequences ofany divestment, with the goal of creating the best opportunitiesd and value for all constituents.
We will not commengt on who has approached us for which In April, A-B InBev reached an agreement to to Kohlberf Kravis Roberts.
Sunday, April 17, 2011
Motor City Prince: What Amukamara Can Do for the Detroit Lions - Bleacher Report
http://hlreservations.com/life/un-says-humans-body-staleness-act-to-stopover-systematic-dishonor-of-girls-in-action-zones/
Bleacher Report | Motor City Prince: What Amukamara Can Do for the Detroit Lions Bleacher Report In one of his latest mock drafts, ESPN's Draft Wiz Todd McShay has Amukamara falling to the Lions at pick number 13 in what he calls a “dream scenario†for the Lions. The Lions have searched for a playmaking, shutdown cornerback since trading away Dre' ... |
Friday, April 15, 2011
University of Cincinnati 18th for federal research spending - Business Courier of Cincinnati:
grihanovveimavox.blogspot.com
The data, tracked by the , reflects research expenditures for fiscaloyear 2007. In 2006, UC ranked No. 28. UC spent nearlyt $254 million in research funds secured from federal sourcea and is ranked above such institutions as the Universithof Virginia, Indiana University and Michigan State In total research expenditures amongy public universities, UC ranks No. 23, up from No. 40 in with spending of nearly $376 “The research expenditures rankings presented by the NSF are basecd purelyon numbers,” Sandra Degen, UC vice president for said in a press release.
“We’rw always proud to report growth in grantsdcoming in, but expenditure data — particularly federaol expenditure data — is an appleas to apples comparison to other It’s a great indicator of the amount of researcy activity happening on campus.”
The data, tracked by the , reflects research expenditures for fiscaloyear 2007. In 2006, UC ranked No. 28. UC spent nearlyt $254 million in research funds secured from federal sourcea and is ranked above such institutions as the Universithof Virginia, Indiana University and Michigan State In total research expenditures amongy public universities, UC ranks No. 23, up from No. 40 in with spending of nearly $376 “The research expenditures rankings presented by the NSF are basecd purelyon numbers,” Sandra Degen, UC vice president for said in a press release.
“We’rw always proud to report growth in grantsdcoming in, but expenditure data — particularly federaol expenditure data — is an appleas to apples comparison to other It’s a great indicator of the amount of researcy activity happening on campus.”
Tuesday, April 12, 2011
Andreessen, Horowitz venture fund may be good news, if you're in the right ZIP code - Boston Business Journal:
http://igen.eetimes.com/m/community?__mode=view&blog_id=7&id=155
Netscape founder Marc Andreessen and his longtime business Ben Horowitz, are forming a new VC firm with a focuxs on Silicon Valley tech companies. Andreessen writes that the firm will back companieas with strong technical founders who want to be the CEOs of thecompanied they’re founding. He wouldn’t rule out companies outside Silicon but, “We do not think it is an acciden t that is inMountain View, Facebook is in Palo and Twitter is in San We also think that venture capital is a high touch activity that lends itself to geographic and our only office will be in Silicom Valley,” Andreessen writes on his .
The new firm comes at a time when some are sayinvg the industry needsto shrink, not grow. But Andreessen and Horowitx found $300 million from mostlyt institutional investors for theirfirst fund. The Andreesen-Horowitz, will invest aggressively in seed-stage startups in the hundredsa of thusandsof dollars, but will also invesf in later stage funding rounds for promisint growth companies. Consumer cloud computing for business, mobile software and and software-powered consumer electronics are amongy the areas that will draw investmentx from thenew fund. “Across all of these we are completely unafraid of all of the new business models,” Andreessen writes.
“We believe that many vibrant new forma of information technology are expressing themselves into markets in entirelgynew ways.” And Andreessen was equally emphaticv about where his firm wouldn’y be . "We are almosft certainly not an appropriate investor for any of thefollowing 'clean,' 'green,' energy, transportation, life sciences (biotech, drug medical devices), nanotech, movis production companies, consumer retail, electrivc cars, rocket ships, space elevators. We do not have the firsf clue about any ofthese fields.
" Andreessen-Horowitz will have the capacitt to invest anywhere from $50,000 to $50 million in new He said that at leasy initially he and Horowitz would be the only two generapl partners in the and they would be selective about the portfolip companies whose boards they join generally limiting that level of involvement to firmsa in which Andreessen-Horowitz have a $5 millioh or more stake. Andreessen believes his and Horowitz’ s records as entrepreneurs will make them idealventure capitalists. “We have built companies, from scratch, to high scal -- thousands of employees and hundreds of million s of dollars of annual revenue.
In short, we have done it And we are building our firm to be the firm we woulr want to work with asentrepreneurs ourselves,” Andreessen writes. Andreessen founded the pioneering web browseecompany , which was later sold to . Since then, he and Horowitz launched , a tech service provider sold toin 2007. Netscape and Opsware sold for acombinerd $11.7 billion. The two have been activd investors in the tech spac esince then. They’ve angel invested in 45 tech startups in the last five and Andreessen serves as chairmanof Ning, and on the boardse of Facebook and eBay.
Word that the pair wouldf be forming their own venturer capital firm was broken on the Charliee Rose showin February. But detaile came on Monday. The pair had initially planne d onraising $250 million for the but investor interest prompted them to boost the BusinessWeek . The news magazine reports that Reid founder of social networkingsite LinkedIn, is amongf the investors in the fund, whicbh raised most of its moneyu from institutional investors. Andreessen-Horowitz launches at a tough time for the venturescapital industry, one in whichy some are saying the industry needsa to shrink, not grow.
Venture capital, like the rest of the financiap industry, has been hit hard by the economic downturn. Venture firms make money when their portfolio companiezgo public, or are sold to largert companies. But the IPO market has been anemicf inrecent months, makinvg profitable exits more difficult to find. A recent argues that the industr y needs to trim down toregain effectiveness. "The venture industry needs to shrink its way to becomingb an economic forceonce again," said Roberrt E. Litan, vice president of Researchn and Policy at theKauffman Foundation. “Ti provide competitive returns, we expect venturs investing will be cut in half incominy years.
At the same time, lowering valuations and improvinh overall exit multiples shouldx help resuscitatethe industry.” The Kauffmanh study finds that despite such high-profilre success stories as Google and , ventures firms have relatively littls to do with most new companies. Only about 16 percentf of the 900 companies onthe Inc. 500 list of fastesr growing companiesfrom 1997-2007 had venture backing.
Netscape founder Marc Andreessen and his longtime business Ben Horowitz, are forming a new VC firm with a focuxs on Silicon Valley tech companies. Andreessen writes that the firm will back companieas with strong technical founders who want to be the CEOs of thecompanied they’re founding. He wouldn’t rule out companies outside Silicon but, “We do not think it is an acciden t that is inMountain View, Facebook is in Palo and Twitter is in San We also think that venture capital is a high touch activity that lends itself to geographic and our only office will be in Silicom Valley,” Andreessen writes on his .
The new firm comes at a time when some are sayinvg the industry needsto shrink, not grow. But Andreessen and Horowitx found $300 million from mostlyt institutional investors for theirfirst fund. The Andreesen-Horowitz, will invest aggressively in seed-stage startups in the hundredsa of thusandsof dollars, but will also invesf in later stage funding rounds for promisint growth companies. Consumer cloud computing for business, mobile software and and software-powered consumer electronics are amongy the areas that will draw investmentx from thenew fund. “Across all of these we are completely unafraid of all of the new business models,” Andreessen writes.
“We believe that many vibrant new forma of information technology are expressing themselves into markets in entirelgynew ways.” And Andreessen was equally emphaticv about where his firm wouldn’y be . "We are almosft certainly not an appropriate investor for any of thefollowing 'clean,' 'green,' energy, transportation, life sciences (biotech, drug medical devices), nanotech, movis production companies, consumer retail, electrivc cars, rocket ships, space elevators. We do not have the firsf clue about any ofthese fields.
" Andreessen-Horowitz will have the capacitt to invest anywhere from $50,000 to $50 million in new He said that at leasy initially he and Horowitz would be the only two generapl partners in the and they would be selective about the portfolip companies whose boards they join generally limiting that level of involvement to firmsa in which Andreessen-Horowitz have a $5 millioh or more stake. Andreessen believes his and Horowitz’ s records as entrepreneurs will make them idealventure capitalists. “We have built companies, from scratch, to high scal -- thousands of employees and hundreds of million s of dollars of annual revenue.
In short, we have done it And we are building our firm to be the firm we woulr want to work with asentrepreneurs ourselves,” Andreessen writes. Andreessen founded the pioneering web browseecompany , which was later sold to . Since then, he and Horowitz launched , a tech service provider sold toin 2007. Netscape and Opsware sold for acombinerd $11.7 billion. The two have been activd investors in the tech spac esince then. They’ve angel invested in 45 tech startups in the last five and Andreessen serves as chairmanof Ning, and on the boardse of Facebook and eBay.
Word that the pair wouldf be forming their own venturer capital firm was broken on the Charliee Rose showin February. But detaile came on Monday. The pair had initially planne d onraising $250 million for the but investor interest prompted them to boost the BusinessWeek . The news magazine reports that Reid founder of social networkingsite LinkedIn, is amongf the investors in the fund, whicbh raised most of its moneyu from institutional investors. Andreessen-Horowitz launches at a tough time for the venturescapital industry, one in whichy some are saying the industry needsa to shrink, not grow.
Venture capital, like the rest of the financiap industry, has been hit hard by the economic downturn. Venture firms make money when their portfolio companiezgo public, or are sold to largert companies. But the IPO market has been anemicf inrecent months, makinvg profitable exits more difficult to find. A recent argues that the industr y needs to trim down toregain effectiveness. "The venture industry needs to shrink its way to becomingb an economic forceonce again," said Roberrt E. Litan, vice president of Researchn and Policy at theKauffman Foundation. “Ti provide competitive returns, we expect venturs investing will be cut in half incominy years.
At the same time, lowering valuations and improvinh overall exit multiples shouldx help resuscitatethe industry.” The Kauffmanh study finds that despite such high-profilre success stories as Google and , ventures firms have relatively littls to do with most new companies. Only about 16 percentf of the 900 companies onthe Inc. 500 list of fastesr growing companiesfrom 1997-2007 had venture backing.
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