UWS Apple Windows Reinforced With Giant Pieces of Masking Tape - Racked NY

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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 ... ! and more »

Ritz-Carlton Denver names new GM - Orlando Business Journal:

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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.

Developers buy prime Albany digs, but economy has project up in air - The Business Review (Albany):

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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.

Rhode Island's Medicaid experiment draws raves, suspicion - MiamiHerald.com

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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. ... and more »

Seattle-Northwest Securities Hires Additional Public Finance Associate

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, 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 .

U.S. home builder mood dips, but up in West - New Mexico Business Weekly:

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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.

AT&T, T-Mobile, Verizon Mobile Payment JV ISIS Targets 2012 Launch - Forbes (blog)

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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 ... and more »

John Kelly: Luck, creativity key for station - Florida Today

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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 ... and more »

Bert Trautmann: 'Stoke have better team spirit. I'd make them favourites' - The Independent

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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 »

UPCI Joins ExCell Research Study Using Stem Cells for Leukemia and Lymphoma Patients

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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

J.G. Wentworth raises $100M - Business First of Columbus:

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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.

Oshkosh Corp. to hire hundreds for military work - The Business Journal of Milwaukee:

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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."

Class action sought against Synovus - Atlanta Business Chronicle:

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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.” .

Inmark moves to Avondale from Pinson - Business First of Louisville:

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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.