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 |
Wednesday, July 27, 2011
Moody's Profit Advances 56% as Soaring Debt Issuance Spurs Ratings Demand - Bloomberg
Monday, July 25, 2011
Lumiere stops recognizing warring union, affecting 750 workers - Dallas Business Journal:
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
Globe and Mail | US 'encouraged' by Korea nuclear talks: Clinton DAWN.com AP Photo NUSA DUA: The United States said Saturday it was âencouragedâ 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:
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
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
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:
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:
“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
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
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
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 ... |