Thursday, December 30, 2010

Breaking the monopoly: Previous attempts failed - Birmingham Business Journal:

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, , and made attempts in the 1990s to set up theit own healthinsurance programs, but the companieds found it hard to break stronghold on the state health insurances industry, saying their efforts were undermined by swift reactionm by BlueCross and consumer apathy. Consumers, they were pleased with BCBS’ service and reluctant to leavd a company they liked forunknownj commodities, industry experts said. When UAB gave it a try in the late the state’s largest employer with more than 20,00p employees figured it had a significant client base that wouldc prefer to use the university’s facilities, accordingf to former UAB Public Healt h Professor Eric Ford.
Ford said UAB’s plan offerex cheaper premium rates than BCBS but overestimated employee participation and enthusiasnm for anew “The consumers liked having said Ford, now a health care managementr professor. “UAB tried. They thoughtf they had a large enougg employee base to put into the system and most employeesz would prefer to usetheir Today, BCBS holds an estimated 90 percenr commercial health insurance market share acros the state. UAB’s efforts to grab a portionj of BCBS’ market share failed, but it stilll operates an HMO known as VivaHealtyh Inc. Viva’s 2007 revenues totaled just $332.
3 according to financial filings available from theNationalo Assoc-iation of . In 2007, BCBS of Alabama reportef $3.5 billion in tota revenue. It reported net incomr of $71.6 million that year. In the was formed by the CEOs of severaklmajor corporations, including Alabama Power, Drummond Co. and SouthTrust The council solicited health insurance proposals and receives bids from ofAlabamwa Inc. and of Alabama, the formedr insurance arm of .
When BCBS learned the council wasmovinh forward, it offered the council a 20 percen discount in their current rateds for three years and they However, Drummond filed a lawsuit at the turn of the millennium claiming BCBS failed to deliver promised Drummond reached an undisclosed out-of-court settlement. One changde that did surface from the incidentg was eliminatingthe “favored nation” provisioh BCBS included in contract. A source familia r with BCBS’ contracts said that provision forced providerw contracted with BCBS to notify the insurer if they were negotiatingf with another firm and give BCBS a chance to undercutg thethird party’s offer.
BCBS denied it require d notification or a chance to offer a better deal andsaid “thde so-called Most Favored Natioh clauses were removed from our contracts in in a written United and Viva remain options in United reported $384.5 million in total revenur and $58 million in net income in 2007. UAB publi c health professor Mike Morriseyattributed BCBS’ market share dominancde to a lack of interest by competitors to entef Alabama. He said in the 1980s, at the height of the HMO Alabama didn’t fit the demographics national firms werelookin for. HMOs managed businessex with largeemployee bases.
“That has to do with the fact we had so many smalpl businesses and not so manybig corporations,” Morrisey said. Despite BCBS’ market Morrisey said there are opportunities for other national carriers toented Alabama. Self-insured administration operations could be competitivw for a company willingto try. “It’s a lot easiert to get into the administrative servicees than it is to enter asa full-blown insurer,” Morrisey said.

Monday, December 27, 2010

Woodland Corporate Center building gets LEED gold certification - Tampa Bay Business Journal:

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The building, which opened earlg last year, was designed and built to meet the seconr highest ranking ofthe Council’s Leadership in Energy and Environmentap Design. was the generakl contractor. Liberty Property Trust Vice President Jody Johnstonm estimates the cost of building to green standarda added an additional 5 percent to the overalkdevelopment costs, but that will be more than offsegt by lower energy costs. Special features include showers and lockers for workers who need to wash or changwe clothes after they bike or jog to A deck made of recycled plastic borderzs the back ofthe building, overlooking a wetlands area that providews shade.
Landscaping incorporates drought-resistant plants nativer to Florida. A white reflective roof deflectdthe sun. Bins for recycling are placed near trasbh binsfor accessibility. Restroom urinals conserve water by relyin on gravity and a filter instead of That feature is expected tosave 360,00 gallons annually since each urinal uses an estimated 40,0090 gallons annually, Johnston said. Grass surrounding the parkinhg lot soaksup rainwater. And a recycled rubber, was used instea of asphalt around the larges oak trees that linethe lots. The porouw rubber allows water to soak intothe ground. The located at 4631 Woodland Blvd.
, received the “Office Building of the Award from the Tampaq Bay Chapter of the andthe “Gree Building Design Award” from the Hillsborough City-Count Planning Commission in Tampa. Liberty (NYSE: LRY) has develope and leased 19 buildings with nearly 1 million square feet of spac e in the parksince 1996. Key park tenantw include , Travelers, Travel and .

Saturday, December 25, 2010

WWE News: The Miz Was The Breakout Star Of 2010 - Bleacher Report

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Bleacher Report


WWE News: The Miz Was The Breakout Star Of 2010

Bleacher Report


Perhaps the biggest change was The Miz, who really elevated his performance in all aspects to become the breakout star in WWE this past year. ...



and more »

Wednesday, December 22, 2010

Hal Turner, Right-Wing Blogger, Going to Prison for Threatening Federal Judges - CBS News

http://www.peacon.net/article/An-Introduction-to-Alexs-Lemonade-Stand.html


New York Daily News


Hal Turner, Right-Wing Blogger, Going to Prison for Threatening Federal Judges

CBS News


NEW YORK (CBS/WCBS/AP) Hal Turner, a right-wing New Jersey blogger, has been sentenced to 33 months in prison for making death threats against three federal ...


Right-wing blogger Hal Turner gets 33-month prison sentence

Chicago Tribune


Right-Wing Radio Host Jailed For Threatening Judges

Democracy Now


33-Month Prison Term for Radio Threats

New York Times


Reuters -W »

Monday, December 20, 2010

SK Energy Says Operations Normal After Explosion at Oil Refinery Kills One - Bloomberg

http://www.psdrawing.com/archive/november/shiny_bass_guitar.html


SK Energy Says Operations Normal After Explosion at Oil Refinery Kills One

Bloomberg


The company is investigating the cause of the explosion at the heavy oil upgrading unit at its Ulsan plant in the southeast of the country, Chung said. ...



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Friday, December 17, 2010

Md. Reaches Settlement with DirecTV Over Marketing, Billing Practices - Southern Maryland Online

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Md. Reaches Settlement with DirecTV Over Marketing, Billing Practices

Southern Maryland Online


BALTIMORE (December 15, 2010) â€" Attorney General Douglas F. Gansler announced today that his Consumer Protection Division has entered into a settlement ...



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Wednesday, December 15, 2010

Senate passes bill for vet-owned firms - Cherry Hill Courier Post

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Senate passes bill for vet-owned firms

Cherry Hill Courier Post


TRENTON â€" The state Senate's budget committee Tuesday unanimously approved a bill that would set aside 3 percent of all state contracts for veteran-owned ...



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Sunday, December 12, 2010

GSI details revenue errors, probe widens - Silicon Valley / San Jose Business Journal:

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The Bedford, Mass.-based company also said its legao counsel and audit committe e were reviewing revenue bookings within its precisiom technology division for the same periodw to determine whether similar adjustments are GSI (Nasdaq: GSI) said the affected revenued stemmed from accounting errors and the timing recordexd for certain transactions. Expected adjustments include: The situation has causec the company to delagy the release of its financial results to Last month, GSI said it was nearing a poiny when it could restate thosr results and submit to regulators result from its fiscal first quarter ended April 3.
the company said its filing delays have prompted a delistingh notice from the and triggered negotiations with creditorz to restructureits . GSI said in its regulatorhy filing Tuesday that on June 11 it stood beforrthe Nasdaq’s Listing Qualifications Panel to requestr a stay of its pending delisting. The company is stilkl awaiting a ruling onthe matter. In GSI said a decline in bookingzs in the fourth and first quarters forced it to restructur e its operations and shave millions in costss fromits books. The company cut 158 workers in the first quarter and another 16 employees in Those changes will result inroughlgy $9 million in annual savings.

Friday, December 10, 2010

Redstone Sells Security Business Of RMSL To RMS Managed ICT Security - RTT News

http://www.easycgitemplates.com/login-page.html


Redstone Sells Security Business Of RMSL To RMS Managed ICT Security

RTT News


L: News ) Friday said it sold the security business of Redstone Managed Solutions Ltd. or "RMSL" to RMS Managed ICT Security Ltd., a company owned by RMSL's ...


Redstone sells security business to management for £1m

Stock Market Wire



 »

Tuesday, December 7, 2010

Man taken from courthouse after anxiety attack - WDRB

http://www.cms-summit.com/2004/softwaresolutions/databasemarketing.html


Man taken from courthouse after anxiety attack

WDRB


(WDRB Fox 41) -- A man who pleaded guilty to two counts of complicity to murder was taken from the courthouse for an anxiety attack Tuesday afternoon as he ...



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Sunday, December 5, 2010

Layne Christensen posts record second-quarter results - Kansas City Business Journal:

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In a release before the markert openedon Thursday, the Mission Woods-basexd company (Nasdaq: LAYN) reported earnings of $15.1 million, or 78 cent s a share, for the quarter that ended July 31. This is a 66 percentr increasefrom $9.6 million, or 60 centsz a share, last year. Revenue for the quartedr was $269.6 million, up 24 percent from $217.8 million. The compan y reported a 22.6 percent revenue increaser in its waterinfrastructure segment, a jump of 28.4 perceng in mineral exploration and 28.6 percent in energy, compared with last year’ s second quarter.
“Layne experienced a solid quarter acros allmajor businesses,” companhy CEO Andrew Schmitt said in the “Improving weather in the U.S. was helpful in getting caught up on water projects which were slowed in thefirsty quarter. Mineral exploration activity continued stronfg throughout most regions despite an early rainy season in West Higher natural gas pricing and an increasexd number of well completions kept Layne Energy on a steadyupwards track.” Layne Christensen provides products and service s for the water, mineral and energyy markets. It ranks No. 17 on the Kansass City Business Journal’s list of area publi companies.

Thursday, December 2, 2010

Business groups slam proposed tax increases - San Antonio Business Journal:

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The said it opposes changes to the corporatedminimum tax, a new corporate income tax and a new personal income tax. The alliance consists of 30 business groupse that represent morethan 25,000 Oregon businesses and employh 500,000 residents. Raising the taxes could caus the state tolose 6,000 jobs, accordinyg to state revenue office “These proposals ignore the stark realitie s of our current recession,” the group said in a news release sent by J.L. a lobbyist with Associated Oregon Industries.
“They are counterproductive measurew that kill jobs and prolong our The corporate minimum tax and corporate income tax proposale would collectively harm companies with small profift margins as well as businessea looking to invest more incapital equipment, the groupp said. The alliance calledd on lawmakers to instead focuson private-sector job retentio n and creation. “We believe stronglgy that increased taxes are detrimental tojob growth,” Wilson said in the news “An increased tax burden will hurt the abilityt of our members to create desperately needed It is the wrong approach to balance the state’ s budget.
” Other groups signing the letter includee Associated Oregon Loggers, Independent Community Banks of Oregon, the Northwest Food Processorsw Association, Oregon Association of Realtors, the Oregomn Automobile Dealers Association, the Oregon Bankers the Oregon Home Builders Association, the Oregon Restaurantg Association and the Oregon Trucking Association. Oregon’s House and Senate members hope to adjournn byJuly 1. Lawmakers must address a $4.2 billioj budget shortfall before they adjourn or in a series of speciap sessions throughout the rest ofthe year.