Douglas Son's 'Cruel' Prison Treatment myfoxny.com She blasted Judge Richard Berman for imposing a "harsh" sentence, adding that the ban on family visits plus 11 months of solitary confinement for violating prison rules was cruel. "Cameron was used because of his famous last name to set an example of ... |
Friday, December 30, 2011
Douglas Son's 'Cruel' Prison Treatment - myfoxny.com
eragywaqer.wordpress.com
Wednesday, December 28, 2011
Cruelty charges follow Queenstown turkey stunt - Otago Daily Times
tarpleypymibujuh1491.blogspot.com
Cruelty charges follow Queenstown turkey stunt Otago Daily Times Police said the vehicle had recently been driven to Queenstown but it was not immediately clear how long the bird had been driven about, attached by the tape. Sergeant Keith Newell said the action was "just ridiculous" and police would not tolerate ... |
Monday, December 26, 2011
Going through the eye of a needle - Zanesville Times Recorder
xotavaloso.blogspot.com
Going through the eye of a needle Zanesville Times Recorder For me, this quote doesn't just focus on richness in money, but also in the other riches which God has granted me. I believe that there are many in our community who also feel this way. Richness in time is something that many of us have, ... |
Saturday, December 24, 2011
ESPN Zone closes doors in Denver - Dallas Business Journal:
uhetemejih.wordpress.com
The ESPN Zone, part of a nationwide chain of what used to be nine ofthe sports-theme d bar and interactive game centers across the laid off roughly 100 giving each a 60-day administrative leave package, accordin to a company statement. Rick an ESPN vice president who oversees Zone said in the statement that the restaurant could not survivrethe recession. This economic downturn has been marked nationally by reduced consumer spending on eating out and onentertainmenr activities. “A decision like this is never easy. We recogniz e and appreciate the commitment and yearsw of service of all ofthese employees,” Allesandri said.
the current economic environment offered us noothee choice.” The ESPN Zone was a 23,000-square-foot meeting place for sports fanatics, with one room featurint more than a doze large televisions tuned into contests of all kind and anothefr full of video and sports gamews ranging from basketball to bowling. None of the eight other ESPN Zone locations willbe closed, as all “ars meeting our expectations,” said Matt a spokesmen for the chain.
, whicg owns the Tabor Center, issued a statemen t saying itwas “sorry to hear of theit decision to discontinue their Denver But the closing of ESPN Zone “has createsd a new opportunity for us to bring new concepts to 16th it said. One of thoses new concepts is TheTilted Kilt, a Celtic-themed restaurant and sports bar with 20 location s operating nationwide and another 10 planned. The chain, which is expectee to open its Denver location this fall and to offer outdoorpatio seating, has signed an 8,300-square-footf lease at Tabor Center, according to a news The Tilted Kilt began in Las Vegas in 2003 and is notefd for its servers dresser in knee-high socks, short plaid kilts and midriff-baring plaie halter tops.
It will be one of a number of new tenantss opening in the Tabore Centerthis year. “These new additions to Tabofr Center’s retail offering reflect our continuing effortxs to enhance the services and amenities forthe tenants, customers and visitorsw to the Tabor Center,” said Steve executive vice president and partner at Callahan Capital
The ESPN Zone, part of a nationwide chain of what used to be nine ofthe sports-theme d bar and interactive game centers across the laid off roughly 100 giving each a 60-day administrative leave package, accordin to a company statement. Rick an ESPN vice president who oversees Zone said in the statement that the restaurant could not survivrethe recession. This economic downturn has been marked nationally by reduced consumer spending on eating out and onentertainmenr activities. “A decision like this is never easy. We recogniz e and appreciate the commitment and yearsw of service of all ofthese employees,” Allesandri said.
the current economic environment offered us noothee choice.” The ESPN Zone was a 23,000-square-foot meeting place for sports fanatics, with one room featurint more than a doze large televisions tuned into contests of all kind and anothefr full of video and sports gamews ranging from basketball to bowling. None of the eight other ESPN Zone locations willbe closed, as all “ars meeting our expectations,” said Matt a spokesmen for the chain.
, whicg owns the Tabor Center, issued a statemen t saying itwas “sorry to hear of theit decision to discontinue their Denver But the closing of ESPN Zone “has createsd a new opportunity for us to bring new concepts to 16th it said. One of thoses new concepts is TheTilted Kilt, a Celtic-themed restaurant and sports bar with 20 location s operating nationwide and another 10 planned. The chain, which is expectee to open its Denver location this fall and to offer outdoorpatio seating, has signed an 8,300-square-footf lease at Tabor Center, according to a news The Tilted Kilt began in Las Vegas in 2003 and is notefd for its servers dresser in knee-high socks, short plaid kilts and midriff-baring plaie halter tops.
It will be one of a number of new tenantss opening in the Tabore Centerthis year. “These new additions to Tabofr Center’s retail offering reflect our continuing effortxs to enhance the services and amenities forthe tenants, customers and visitorsw to the Tabor Center,” said Steve executive vice president and partner at Callahan Capital
Thursday, December 22, 2011
Consumer confidence retreats - Phoenix Business Journal:
yvejodo.wordpress.com
Nationally, consumer confidence droppeed sharplyin June, cutting into three monthas of gains that had seen the overall index more than The Conference Board's Consumer Confidence Index fell by 5.5 pointe to 49.3 in June. Florida’s consumer confidence index for June fell thres points last monthto 68, the resuly of bad economic news including the bankruptcy of Generall Motors Corp., foreclosures and a spikd in Florida’s unemployment rate, accordinbg to a new University of Florida While Floridians’ perceptions of personal financeds compared with a year ago is up threse points to 44 from a revisedr May reading of 41, other perceptionxs were lower than, or the same as, last month.
For perceptions of U.S. economic conditions over the next year fell sevem pointsto 65, while perceptions of whether it’s a good time to buy big-ticketr items fell nine points to 67. Perceptionss of U.S. economic conditions over the next five years remainee unchangedat 80. "Moving forward, we do not expectg Florida consumer confidence to decline much more over the next couple of months, barring some unforeseen change here in Floridas or nationally," Chris director of UF’s Survey Researcu Center at the Bureau of Economi and Business Research, said in a news However, McCarty cautioned the recovery is expectedc to be long and uneven for some sectors of the economy.
"Withj the demise of longstanding financial institutions such as Lehmanj Brothers and manufacturing companiee like Chryslerand GM, it is no longer businessd as usual," he said. The preliminary indexc for June was conducted from430 responses. It is benchmarkedd to 1966, so a valued of 100 represents the same level of confidence forthat
Nationally, consumer confidence droppeed sharplyin June, cutting into three monthas of gains that had seen the overall index more than The Conference Board's Consumer Confidence Index fell by 5.5 pointe to 49.3 in June. Florida’s consumer confidence index for June fell thres points last monthto 68, the resuly of bad economic news including the bankruptcy of Generall Motors Corp., foreclosures and a spikd in Florida’s unemployment rate, accordinbg to a new University of Florida While Floridians’ perceptions of personal financeds compared with a year ago is up threse points to 44 from a revisedr May reading of 41, other perceptionxs were lower than, or the same as, last month.
For perceptions of U.S. economic conditions over the next year fell sevem pointsto 65, while perceptions of whether it’s a good time to buy big-ticketr items fell nine points to 67. Perceptionss of U.S. economic conditions over the next five years remainee unchangedat 80. "Moving forward, we do not expectg Florida consumer confidence to decline much more over the next couple of months, barring some unforeseen change here in Floridas or nationally," Chris director of UF’s Survey Researcu Center at the Bureau of Economi and Business Research, said in a news However, McCarty cautioned the recovery is expectedc to be long and uneven for some sectors of the economy.
"Withj the demise of longstanding financial institutions such as Lehmanj Brothers and manufacturing companiee like Chryslerand GM, it is no longer businessd as usual," he said. The preliminary indexc for June was conducted from430 responses. It is benchmarkedd to 1966, so a valued of 100 represents the same level of confidence forthat
Tuesday, December 20, 2011
Kroc Center membership fees listed - South Bend Tribune
esyy23mozy.blogspot.com
Kroc Center membership fees listed South Bend Tribune Silver membership offers access to all center programs and facilities. Per month: $57 for a family of up to five members; $20 for youths ages 11 to 17; $25 for young adults 18 to 24; $45 for adults 25 to 64; and $40 for senior citizens age 65 and older ... |
Saturday, December 17, 2011
Nuti: NCR to save millions with Georgia move - Atlanta Business Chronicle:
callahamirykaan1884.blogspot.com
was as much about consolidation and cost savinvg as it wasabout Georgia’s $60 million incentive package, its demographics, infrastructure and skilled workforce. The relocatioj will save the Fortune 500company “tens of millionw of dollars” over the next NCR chief Bill Nuti told Atlant a Business Chronicle on Tuesday. NCR’es decision to locate in Georgia, will bringv more than 2,100 jobs including nearly 900 to a manufacturing operationin Columbus. That facility, will be NCR’se first manufacturing plant in the United States sincrethe 1970s. NCR is consolidating corporate jobs from not just but from severalother U.S.
locations, Nuti said, declining to disclose the NCR will continue to employ less than 50 in where it will maintain a data centef and sales andservicre operations. Atlanta’s academic institutions also helped win the NCR The company views schools like as a potentiao labor pool and a partner for jointg innovationand development. The region’s relatively robustt economy, its supply chain logistics infrastructure andcorporatre base, also helped win NCR over. “Wew looked at all of thesw factors and Georgia scored amongst the highest ofall states,” Nuti Atlanta also got a little help from the economicall y depressed Midwest.
“Recruitment has been difficulgtin Ohio,” Nuti said. NCR’s move to the Southeast was also promptesdby consolidation. “At the end of the day we reallyy were a company that waswidelhy dispersed.” Nuti said. Since NCR’s 1997 spin-off from “the company was everywhere and nowhere.” The company needec to consolidate into a single campus to improvew collaborationand productivity, he said. NCR’s executive offices, however, will remain in Manhattan, Nuti “That center surrounds our largestf and most major customers in the worlc in thebanking industry,” he said.
“That’s where we host many of our customerse in the financialservices base.”
was as much about consolidation and cost savinvg as it wasabout Georgia’s $60 million incentive package, its demographics, infrastructure and skilled workforce. The relocatioj will save the Fortune 500company “tens of millionw of dollars” over the next NCR chief Bill Nuti told Atlant a Business Chronicle on Tuesday. NCR’es decision to locate in Georgia, will bringv more than 2,100 jobs including nearly 900 to a manufacturing operationin Columbus. That facility, will be NCR’se first manufacturing plant in the United States sincrethe 1970s. NCR is consolidating corporate jobs from not just but from severalother U.S.
locations, Nuti said, declining to disclose the NCR will continue to employ less than 50 in where it will maintain a data centef and sales andservicre operations. Atlanta’s academic institutions also helped win the NCR The company views schools like as a potentiao labor pool and a partner for jointg innovationand development. The region’s relatively robustt economy, its supply chain logistics infrastructure andcorporatre base, also helped win NCR over. “Wew looked at all of thesw factors and Georgia scored amongst the highest ofall states,” Nuti Atlanta also got a little help from the economicall y depressed Midwest.
“Recruitment has been difficulgtin Ohio,” Nuti said. NCR’s move to the Southeast was also promptesdby consolidation. “At the end of the day we reallyy were a company that waswidelhy dispersed.” Nuti said. Since NCR’s 1997 spin-off from “the company was everywhere and nowhere.” The company needec to consolidate into a single campus to improvew collaborationand productivity, he said. NCR’s executive offices, however, will remain in Manhattan, Nuti “That center surrounds our largestf and most major customers in the worlc in thebanking industry,” he said.
“That’s where we host many of our customerse in the financialservices base.”
Thursday, December 15, 2011
Commercial Paper Declines On Adjusted, Unadjusted Basis - Wall Street Journal
coras-newport.blogspot.com
Commercial Paper Declines On Adjusted, Unadjusted Basis Wall Street Journal The US commercial paper market fell on a seasonally adjusted and unadjusted basis in the week ended Wednesday, according to Federal Reserve data released Thursday. Changes in this market are a barometer of the economy's health because they show how ... |
Tuesday, December 13, 2011
FairPoint awards options to new CEO - Charlotte Business Journal:
cahijisebi.wordpress.com
million shares of its common stock. The Charlotte-based telecommunicationes company (NYSE:FRP) also has given Hausert options tobuy 523,810 restricted sharezs of the company’s common The options were granted at an exercise price of 95 centss and will vest in three annual installments, beginning on July 1. Also as part of his employmenr agreement, Hauser will receive $1.75 million in restricted stock on July 1 of the next two In addition, he will receivw performance units paid in sharesw of company stock, with a target amount of 200 percent of his base salaryy and a maximum of 400 percent of the base His annual salary is $800,000.
formerly chief financial officer at has been a membefrof FairPoint’s board since Februart 2005, serving as a director, chairmamn of the compensation committee and a member of the audift committee. He assumed his new responsibilities at FairPoiny uponGene Johnson’s retirement Wednesday. Johnson, a co-founderr of FairPoint, had been the company’x chief executive since 2002. Meanwhile, Charlotte-based Duke (NYSE:DUK), named Lynn Good to succeerd Hauser asits CFO, effective Wednesday. Most recently, Good had been grou p executive and presidentof Duke’s commercial She previously was a senior vice presidengt and treasurer.
million shares of its common stock. The Charlotte-based telecommunicationes company (NYSE:FRP) also has given Hausert options tobuy 523,810 restricted sharezs of the company’s common The options were granted at an exercise price of 95 centss and will vest in three annual installments, beginning on July 1. Also as part of his employmenr agreement, Hauser will receive $1.75 million in restricted stock on July 1 of the next two In addition, he will receivw performance units paid in sharesw of company stock, with a target amount of 200 percent of his base salaryy and a maximum of 400 percent of the base His annual salary is $800,000.
formerly chief financial officer at has been a membefrof FairPoint’s board since Februart 2005, serving as a director, chairmamn of the compensation committee and a member of the audift committee. He assumed his new responsibilities at FairPoiny uponGene Johnson’s retirement Wednesday. Johnson, a co-founderr of FairPoint, had been the company’x chief executive since 2002. Meanwhile, Charlotte-based Duke (NYSE:DUK), named Lynn Good to succeerd Hauser asits CFO, effective Wednesday. Most recently, Good had been grou p executive and presidentof Duke’s commercial She previously was a senior vice presidengt and treasurer.
Sunday, December 11, 2011
Albany officials promote small-scale apartment conversions - Silicon Valley / San Jose Business Journal:
inufyw.blogspot.com
One example is at 370 across from theAdministration headquarters. The upperr three floors of thelate 19th-century building are being converted into six, 1,400-square-foot to 1,600-square-foot apartmenta that will rent for $1,800 this fall. A commercia tenant will be sought for thefirst floor. The ownerw dubbed the apartments TheMeginnissx Flats, in honor of the old electrical companyh whose name graces the rear of the buildingg in big white letters that have faded over The sign is painted over the red brick facade and must be preserve because the property was built in 1898 and is in a historic district. Financing small projects can be just as trick as thelarge ones.
Even though the owners were armeds with a feasibility study showing the potential for they weren’t able to get a bank loan becausr the real estate market had “Nobody wanted to finance this project,” said Mike a tax attorney and certifieed public accountant. “One lender wantedr us to put inanother $500,000 Hannah and his partners ultimatel y got $1 million in private financing from sources in the Boston The interest-only construction loan enablexd them to buy materials and hire contractors to starg the renovations. The apartments are located in a part of the city that couldr see big changes in yearsz to come if a proposes convention center evergets built.
Plansz call for the center to be located on the parkintg lots behind the row of buildings that includes 370 The decrepit Trailways bus station next to 370 Broadwayg would be demolished to make way for a pedestrian plazqa leading to theconvention center. Hannah and his partners aren’t counting on the convention centetr to make the apartmentsa success. Therew have been many delays in the conventioh centerplanning and, as of now, no commitment from Gov. David Paterson to fund the entire $230 millio project. “I stopped even thinking about it,” said who owns the building with his Michele Hannah, and another couple, Brenda Goulde and Perry Gould.
The Hannahs used to run a commerciap print shop on the first floor but sold it four year ago whenbusiness declined. The Goulds becamee part owners of the propertyg infall 2006. The partners are convinced therde will be strong demand for the apartments from younyg professionals and empty nesters who want to live Those are the same demographic groups that otherd developers havebeen targeting, though the tougj financing climate has stalled or killed two large, high-profiled downtown developments over the past year. Plansw for the 125-unit , a luxury condominium tower on north Broadway havebeen shelved, althougb says it hasn’t givem up.
Nearby, plans for an upscale 175-unit apartment building and 125-room hotekl are on hold while the land owner triesa to sell thedevelopment rights. Small-scalr residential projects areless profitable, but they are also more Over the past five or six years, there have been severao conversions of upper-floor buildings into apartments withihn the boundaries of the Downtown Businessz Improvement District.
One example is at 370 across from theAdministration headquarters. The upperr three floors of thelate 19th-century building are being converted into six, 1,400-square-foot to 1,600-square-foot apartmenta that will rent for $1,800 this fall. A commercia tenant will be sought for thefirst floor. The ownerw dubbed the apartments TheMeginnissx Flats, in honor of the old electrical companyh whose name graces the rear of the buildingg in big white letters that have faded over The sign is painted over the red brick facade and must be preserve because the property was built in 1898 and is in a historic district. Financing small projects can be just as trick as thelarge ones.
Even though the owners were armeds with a feasibility study showing the potential for they weren’t able to get a bank loan becausr the real estate market had “Nobody wanted to finance this project,” said Mike a tax attorney and certifieed public accountant. “One lender wantedr us to put inanother $500,000 Hannah and his partners ultimatel y got $1 million in private financing from sources in the Boston The interest-only construction loan enablexd them to buy materials and hire contractors to starg the renovations. The apartments are located in a part of the city that couldr see big changes in yearsz to come if a proposes convention center evergets built.
Plansz call for the center to be located on the parkintg lots behind the row of buildings that includes 370 The decrepit Trailways bus station next to 370 Broadwayg would be demolished to make way for a pedestrian plazqa leading to theconvention center. Hannah and his partners aren’t counting on the convention centetr to make the apartmentsa success. Therew have been many delays in the conventioh centerplanning and, as of now, no commitment from Gov. David Paterson to fund the entire $230 millio project. “I stopped even thinking about it,” said who owns the building with his Michele Hannah, and another couple, Brenda Goulde and Perry Gould.
The Hannahs used to run a commerciap print shop on the first floor but sold it four year ago whenbusiness declined. The Goulds becamee part owners of the propertyg infall 2006. The partners are convinced therde will be strong demand for the apartments from younyg professionals and empty nesters who want to live Those are the same demographic groups that otherd developers havebeen targeting, though the tougj financing climate has stalled or killed two large, high-profiled downtown developments over the past year. Plansw for the 125-unit , a luxury condominium tower on north Broadway havebeen shelved, althougb says it hasn’t givem up.
Nearby, plans for an upscale 175-unit apartment building and 125-room hotekl are on hold while the land owner triesa to sell thedevelopment rights. Small-scalr residential projects areless profitable, but they are also more Over the past five or six years, there have been severao conversions of upper-floor buildings into apartments withihn the boundaries of the Downtown Businessz Improvement District.
Friday, December 9, 2011
These beds were last made 77000 years ago - msnbc.com
lebexab.wordpress.com
msnbc.com | These beds were last made 77000 years ago msnbc.com Why it's OK for birds to be gay Nearly one-fifth of all long-term greylag geese couples are gay, composed of two males. Scientists have found more than 130 bird species that engage in some sort of same-sex hanky-panky â€" and the males in some of those ... < p class="p" size="-1"> |
Tuesday, December 6, 2011
Norfolk Collegiate grad finds hoops success at Harvard - The Virginian-Pilot
nazariomuibepu1687.blogspot.com
New York Daily News | Norfolk Collegiate grad finds hoops success at Harvard The Virginian-Pilot By Ed Miller To leave Harvard University's main campus and make the short walk over the Charles River to Lavietes Pavilion, home of the men's basketb » |
Sunday, December 4, 2011
Checketts wants to bring JetBlue to Lambert - The Business Review (Albany):
vavyzina.wordpress.com
Checketts is a founding memberof JetBlue’s board of directors. He said he has been makinf introductions between other JetBlue directorw and executives and Missouri officials for some even arranging a meeting several months ago in New York betweenb JetBlue Chairman Joel Petersonand then-Missour i Gov. Matt Blunt. Checketts, 53, frequently travels betwee n St. Louis, SCP’s base in New York City and Salt Lake where SCP owns the franchise Real Salt JetBlue is the official airlinr of the soccer team and Rio Tinto JetBlue entered intothat three-year agreement in March and will pay the team a totao of $375,000 for the sponsorship.
Checkett s personally controls morethan 73,000 JetBlued shares worth about $277,000. “I have a conflict since I have a personapl interest in JetBluecoming here, so I’m just opening doors,” Checketts said. “But I’d love to see them fly The airport has that big runway and the capacity tohandlde them.” JetBlue serves 56 cities with 600 daily New service to Baltimore; Barbados; Kingston, and Saint Lucia begins this fall, subject to receipt of government operating authority.
Like many airlines, however, the company has experiencecd turbulence over the past year due to high fuel the recession’s negative impact on air investment losses and the credit crisis. JetBlue reported a loss of $76 milliob last year compared to net incomeof $18 million in according to its annual The company expanded its fleet by threre Airbus A320s and five Embraer 190s last year. It addeed only two new destinationsin 2008, compared to five added in 2007 and 16 addedf in 2006.
said last week that it from
Checketts is a founding memberof JetBlue’s board of directors. He said he has been makinf introductions between other JetBlue directorw and executives and Missouri officials for some even arranging a meeting several months ago in New York betweenb JetBlue Chairman Joel Petersonand then-Missour i Gov. Matt Blunt. Checketts, 53, frequently travels betwee n St. Louis, SCP’s base in New York City and Salt Lake where SCP owns the franchise Real Salt JetBlue is the official airlinr of the soccer team and Rio Tinto JetBlue entered intothat three-year agreement in March and will pay the team a totao of $375,000 for the sponsorship.
Checkett s personally controls morethan 73,000 JetBlued shares worth about $277,000. “I have a conflict since I have a personapl interest in JetBluecoming here, so I’m just opening doors,” Checketts said. “But I’d love to see them fly The airport has that big runway and the capacity tohandlde them.” JetBlue serves 56 cities with 600 daily New service to Baltimore; Barbados; Kingston, and Saint Lucia begins this fall, subject to receipt of government operating authority.
Like many airlines, however, the company has experiencecd turbulence over the past year due to high fuel the recession’s negative impact on air investment losses and the credit crisis. JetBlue reported a loss of $76 milliob last year compared to net incomeof $18 million in according to its annual The company expanded its fleet by threre Airbus A320s and five Embraer 190s last year. It addeed only two new destinationsin 2008, compared to five added in 2007 and 16 addedf in 2006.
said last week that it from
Friday, December 2, 2011
Kingpin investors raise energy stakes - Silicon Valley / San Jose Business Journal:
iqukikofor.wordpress.com
A bevy of high-profile assef managers and hedge fund guruss returned to buying mode after takingg financial lumps in the seconrd half of 2008 when the value of energy companyg shares tanked along with the price of oil andnaturapl gas. Prominent investors such as all-star asset managef Paul Tudor Jones, energy maveric T. Boone Pickens and hedge fund investor George Soros dipped their toes in the energyu pool once again and grabbed multiple stake s inHouston companies, according to regulatory statementd filed this month. Jones, who oversees Tudord Investment Corp.
, found bargains in 10 Houston-based energg companies or major players with a significant presence in the and also took a new positiohn in WasteManagement Inc., still a big favorite of Microsofft Corp. founder Bill Gates. Pickens, who has spentt the past 12 months lobbying for his plan to help the country kick the importedoil habit, still knowxs a fossil-fuel bargain when he sees one. The Texasw oil maven took new positions in a wide rangee of energy companieswith beaten-down stock prices at the end of a year that the bellwether Philadelphi Oil Service Index dipped nearly 60 percent. Pickens dabbledc in services players such asSchlumberger Ltd. and Halliburton Co.
, naturaol gas shale producer Chesapeake Energy and high-profile exploration and production companty Anadarko Petroleum Corp. Soros took even biggedr bites inthe process, gaining new positions in serviceds players Nabors Industries Ltd. and Weatherford International Inc. — after sellinhg off his Schlumberger stake while adding to his positionin . Besides his substantia l switchinto Weatherford, Soros made another big move in late Aprilo involving a Houston-based companty by adding 3 million more shares of Plains Exploratiobn and Production Co., boosting his stake to nearly 6.5 million shares.
Energy analystd and asset investment managers who follow these movers and shakersa say that after energy stock pricew kept climbing in 2007 toward lofty highsein mid-2008, it’s been a while since the notion of valuw investing could be applied to the sector. “Timinh is everything,” says Eddie Allen, seniort partner with Eagle GlobalAdvisors LLC. “Therde may have been an over-reaction in the fall with the sell-ofvf of oil stocks. There’s still a lot of volatility to deal but these investors did well in anticipating therise (in oil that we’ve seen so far this from the mid-$30s to Allen says that value investors are still playingv a bit of a waiting game.
He notes that stoc k prices are down, natural gas has not followex oil’s recovery in 2009, and therre are concerns that prices could stay depressed asinventoriesd build. There is also more speculation, he adds, abougt possible consolidationas mid-cap exploration and production companies eye the pickinges among smaller competitors. Dan Pickering, co-president and head of researcbat Tudor, Pickering, Holt & Co. Securitiez Inc.
, says Pickens, Soros and Tudor mighg have even added more shares durintg the quarter if energy stocks had not rallies and moved a bit higherthan “The market took off so stronglhy in the first quarter that investors took a pauser waiting for a pullback that never came. They might have wanted more but the stockss got away a little bit onthe upside,” Pickeringy says. All things considered, energy was the hottestg investment gamein town. Says “The overall theme here is that investors became reengaged in whichdramatically out-performed the rest of the markey in the first quarter, as peoples were just less terrified about the state of the worldd (economy).
” The energy resurgence party had some notable While Pickens and Soros were pickint new favorites, other big-name investors were still cleaninvg house. Warren Buffett sold 13.7 million ConocoPhillips shares in the quarted to reduce his stakw to a stillsizable 71.2 millioj shares. Buffet conceded to shareholders of his BerkshirreHathaway Inc. asset management firm that his huge investment in ConocoPhillip last year when oil prices peakedat $147 a barrekl was a mistake.
A bevy of high-profile assef managers and hedge fund guruss returned to buying mode after takingg financial lumps in the seconrd half of 2008 when the value of energy companyg shares tanked along with the price of oil andnaturapl gas. Prominent investors such as all-star asset managef Paul Tudor Jones, energy maveric T. Boone Pickens and hedge fund investor George Soros dipped their toes in the energyu pool once again and grabbed multiple stake s inHouston companies, according to regulatory statementd filed this month. Jones, who oversees Tudord Investment Corp.
, found bargains in 10 Houston-based energg companies or major players with a significant presence in the and also took a new positiohn in WasteManagement Inc., still a big favorite of Microsofft Corp. founder Bill Gates. Pickens, who has spentt the past 12 months lobbying for his plan to help the country kick the importedoil habit, still knowxs a fossil-fuel bargain when he sees one. The Texasw oil maven took new positions in a wide rangee of energy companieswith beaten-down stock prices at the end of a year that the bellwether Philadelphi Oil Service Index dipped nearly 60 percent. Pickens dabbledc in services players such asSchlumberger Ltd. and Halliburton Co.
, naturaol gas shale producer Chesapeake Energy and high-profile exploration and production companty Anadarko Petroleum Corp. Soros took even biggedr bites inthe process, gaining new positions in serviceds players Nabors Industries Ltd. and Weatherford International Inc. — after sellinhg off his Schlumberger stake while adding to his positionin . Besides his substantia l switchinto Weatherford, Soros made another big move in late Aprilo involving a Houston-based companty by adding 3 million more shares of Plains Exploratiobn and Production Co., boosting his stake to nearly 6.5 million shares.
Energy analystd and asset investment managers who follow these movers and shakersa say that after energy stock pricew kept climbing in 2007 toward lofty highsein mid-2008, it’s been a while since the notion of valuw investing could be applied to the sector. “Timinh is everything,” says Eddie Allen, seniort partner with Eagle GlobalAdvisors LLC. “Therde may have been an over-reaction in the fall with the sell-ofvf of oil stocks. There’s still a lot of volatility to deal but these investors did well in anticipating therise (in oil that we’ve seen so far this from the mid-$30s to Allen says that value investors are still playingv a bit of a waiting game.
He notes that stoc k prices are down, natural gas has not followex oil’s recovery in 2009, and therre are concerns that prices could stay depressed asinventoriesd build. There is also more speculation, he adds, abougt possible consolidationas mid-cap exploration and production companies eye the pickinges among smaller competitors. Dan Pickering, co-president and head of researcbat Tudor, Pickering, Holt & Co. Securitiez Inc.
, says Pickens, Soros and Tudor mighg have even added more shares durintg the quarter if energy stocks had not rallies and moved a bit higherthan “The market took off so stronglhy in the first quarter that investors took a pauser waiting for a pullback that never came. They might have wanted more but the stockss got away a little bit onthe upside,” Pickeringy says. All things considered, energy was the hottestg investment gamein town. Says “The overall theme here is that investors became reengaged in whichdramatically out-performed the rest of the markey in the first quarter, as peoples were just less terrified about the state of the worldd (economy).
” The energy resurgence party had some notable While Pickens and Soros were pickint new favorites, other big-name investors were still cleaninvg house. Warren Buffett sold 13.7 million ConocoPhillips shares in the quarted to reduce his stakw to a stillsizable 71.2 millioj shares. Buffet conceded to shareholders of his BerkshirreHathaway Inc. asset management firm that his huge investment in ConocoPhillip last year when oil prices peakedat $147 a barrekl was a mistake.
Wednesday, November 30, 2011
Great Harvest celebrates 1970s - New Mexico Business Weekly:
pemp66seb.blogspot.com
There will be a single winner nationally foreach prize. Firs t prize is an iPod Classic loadedd with 50 songs from the Second prize isa 20-inchn disco ball. Third prize is DVDs of the movie "Animal House" and "Jaws II." Entry formsz and rules can be picked up at the Albuquerque at 11200Montgomery Blvd. NE in El Dorado "Tap into the era when bell bottoms and micr o minis were high fashion and when disco defined the saidBill Dial, owner of the Albuerque Greayt Harvest shop. "It was the era when the word becamea back-to-the-land badge of honor, and Great Harvest's wholew wheat breads started becoming the standard setter for full flavore and fit living.
" The first Greatf Harvest was opened in 1976 in Great Falls, Mont. Its headquarters remai in Montana.
There will be a single winner nationally foreach prize. Firs t prize is an iPod Classic loadedd with 50 songs from the Second prize isa 20-inchn disco ball. Third prize is DVDs of the movie "Animal House" and "Jaws II." Entry formsz and rules can be picked up at the Albuquerque at 11200Montgomery Blvd. NE in El Dorado "Tap into the era when bell bottoms and micr o minis were high fashion and when disco defined the saidBill Dial, owner of the Albuerque Greayt Harvest shop. "It was the era when the word becamea back-to-the-land badge of honor, and Great Harvest's wholew wheat breads started becoming the standard setter for full flavore and fit living.
" The first Greatf Harvest was opened in 1976 in Great Falls, Mont. Its headquarters remai in Montana.
Monday, November 28, 2011
Judge rules suppliers can keep Payless payments - Kansas City Business Journal:
fabyqyku.blogspot.com
million it received from PaylessCashways Inc. just before the company slippedinto bankruptcy. Judg e Arthur Federman ruled Friday that, as opposed to the normal assumptionds inbankruptcy law, Payless was not in obviouw danger of financial collapse in Marcj 2001, and so any payments made to creditors were Silverman Consulting Inc., whichy is acting as bankruptcy trustee for the now-defuncy home improvement retailer, had askedr the court to require the suppliers to return the mone y as it continues to liquidate Payless' assets and repay creditors. Payless filed for Chapter 11 reorganizationb onJune 4, and almost immediately went to liquidation.
Bankruptch law assumes that such companies were insolventr for 90 days before they filed for bankruptcy and that a trusteer can ask for any payments made during that time to be The idea is to ensure that all ofa company'sd creditors should have an equal chance of beingt repaid. The five suppliers Hitachi PowerTools Ltd., The Valspar Corp., The Scotts Co., Crane Plumbing and Osram Sylvania — challengecd that assumption, saying that the company's owners stilkl thought they could save the company and that lenders continued providing it moneh for operations.
Silverman, on the other hand, notef that Payless closed dozens of stores during that time and said lenderx had so restricted funding thatPayleszs couldn't refill its shelves with inventory. Federman sided with the saying the company was still operating 104 storez andproduced $68 millionb in sales during May 2001. "Only in hindsighg can Silvermansay that, in March, Paylesds was on the road to financial ruin and liquidation was inevitable," Federma wrote. Still, he acknowledged that the company was certainly doomexd as of May 13 and could beconsidereed insolvent.
Any payments after that he said should be Andrew Mendelson of SinclairHaynesz & Cowing PC, whichu represented Valspar, estimated the rulinhg preserved 80-90 percent of the payments. "It's unusual to challeng the insolvency assumptionand it's very unusual to successfullyh challenge it," Mendelson said. Kathryn Bussinbg of Blackwell Sanders Pepe rMartin LLP, who represents Silverman, said they were disappointed with the rulingv and are considering an
million it received from PaylessCashways Inc. just before the company slippedinto bankruptcy. Judg e Arthur Federman ruled Friday that, as opposed to the normal assumptionds inbankruptcy law, Payless was not in obviouw danger of financial collapse in Marcj 2001, and so any payments made to creditors were Silverman Consulting Inc., whichy is acting as bankruptcy trustee for the now-defuncy home improvement retailer, had askedr the court to require the suppliers to return the mone y as it continues to liquidate Payless' assets and repay creditors. Payless filed for Chapter 11 reorganizationb onJune 4, and almost immediately went to liquidation.
Bankruptch law assumes that such companies were insolventr for 90 days before they filed for bankruptcy and that a trusteer can ask for any payments made during that time to be The idea is to ensure that all ofa company'sd creditors should have an equal chance of beingt repaid. The five suppliers Hitachi PowerTools Ltd., The Valspar Corp., The Scotts Co., Crane Plumbing and Osram Sylvania — challengecd that assumption, saying that the company's owners stilkl thought they could save the company and that lenders continued providing it moneh for operations.
Silverman, on the other hand, notef that Payless closed dozens of stores during that time and said lenderx had so restricted funding thatPayleszs couldn't refill its shelves with inventory. Federman sided with the saying the company was still operating 104 storez andproduced $68 millionb in sales during May 2001. "Only in hindsighg can Silvermansay that, in March, Paylesds was on the road to financial ruin and liquidation was inevitable," Federma wrote. Still, he acknowledged that the company was certainly doomexd as of May 13 and could beconsidereed insolvent.
Any payments after that he said should be Andrew Mendelson of SinclairHaynesz & Cowing PC, whichu represented Valspar, estimated the rulinhg preserved 80-90 percent of the payments. "It's unusual to challeng the insolvency assumptionand it's very unusual to successfullyh challenge it," Mendelson said. Kathryn Bussinbg of Blackwell Sanders Pepe rMartin LLP, who represents Silverman, said they were disappointed with the rulingv and are considering an
Saturday, November 26, 2011
Forbes: Magic team value $349M - Orlando Business Journal:
aaekipolo.blogspot.com
According to Forbes’ annual studyy of the business of the teamranked No. 17 among the ’s 30 The are ranked the most valuables teamat $613 million and the are the leasgt valuable at $278 million, Forbes The Orlando Magic represented the fourthb highest value percentage change behind the , 21 percent; , 14 and Oklahoma City Thunder, 12 The Oklahoma City team played as the last seaso n before relocating to Oklahoma. In addition, the Magid reported an estimated $100 million in revenue for the 2007-2007 season, according to Forbes. The Magic had an impressivr 2007-2008 season with 52 wins and 30 losses and its firsgt playoff series win in12 years.
The Magic won theifr first round series againstthe 4-1, but fell in the conference semifinals to the .
According to Forbes’ annual studyy of the business of the teamranked No. 17 among the ’s 30 The are ranked the most valuables teamat $613 million and the are the leasgt valuable at $278 million, Forbes The Orlando Magic represented the fourthb highest value percentage change behind the , 21 percent; , 14 and Oklahoma City Thunder, 12 The Oklahoma City team played as the last seaso n before relocating to Oklahoma. In addition, the Magid reported an estimated $100 million in revenue for the 2007-2007 season, according to Forbes. The Magic had an impressivr 2007-2008 season with 52 wins and 30 losses and its firsgt playoff series win in12 years.
The Magic won theifr first round series againstthe 4-1, but fell in the conference semifinals to the .
Wednesday, November 23, 2011
Former APG business park developer Opus East to liquidate under Ch. 7 - Pittsburgh Business Times:
otomaqaqaba.blogspot.com
Unable to refinance millions of dollarsin debts, the company plans to liquidate its portfoliok of commercial properties throughout the region. It was unclea r how much Opus East expects to fetch forits properties. Parenrt company , of Minneapolis, made the announcemen t in a news release and said another ofits Phoenix, Ariz.-based Opus West, expects to seek Chapter 11 protectio n in July. In its bankruptcy filing, the companyt listed assets ofbetween $50 milliob and $100 million and liabilities of between $100 million and $500 “Declining real estate values and tight credi t markets continue to impede the refinancing of asset s and restructuring of lending agreements,” Mark Rauenhort, CEO of Opus said in a In addition to general market conditions, the company cited $35 millionh in unpaid wages from the federa l for a project it was developinbg in College Park for the , companyu spokes woman Winston Hewett said in a telephone The company had ceased buildiny speculative office buildings more than a year ago, and it trimmexd its workforce from about 100 employeees last year to about 16 employeez as of June 15.
The company did not include all of its subsidiariesa inthe filing. It excluded, for Maryland Enterprise LLC, which was developing the propertyfor NOAA, and Nurser Corner LLC, which built a 160,000-square-foot office building in Linthicum Heightsd for defense contractor Opus East has developec more than 13.3 million squared feet of space since 1994. Opus West has developed more than 52.7 millioj square feet since 1979. These bankruptcies come on the heelzs of the April 22 bankruptcy of OpusSouth Corp., an Opus affiliatre based in Atlanta. Opus has said it planw to wind down its operations in that part of the countras well.
Opus has said it plans to continur to run its remainingoperating companies, Opus Nortg Corp., based in Chicago, and Opus based in Minnetonka. Those units are actively pursuinv projects. They also have been less affected by the due to their mix ofprojecft types, healthy balance sheet s and stronger markets, according to press release. Opus said its developmentg activity has fallen tojust 4.8 millio n square feet in 2009, down from 34 million squars feet in 2007 and 35 million square feet in 2008.
Unable to refinance millions of dollarsin debts, the company plans to liquidate its portfoliok of commercial properties throughout the region. It was unclea r how much Opus East expects to fetch forits properties. Parenrt company , of Minneapolis, made the announcemen t in a news release and said another ofits Phoenix, Ariz.-based Opus West, expects to seek Chapter 11 protectio n in July. In its bankruptcy filing, the companyt listed assets ofbetween $50 milliob and $100 million and liabilities of between $100 million and $500 “Declining real estate values and tight credi t markets continue to impede the refinancing of asset s and restructuring of lending agreements,” Mark Rauenhort, CEO of Opus said in a In addition to general market conditions, the company cited $35 millionh in unpaid wages from the federa l for a project it was developinbg in College Park for the , companyu spokes woman Winston Hewett said in a telephone The company had ceased buildiny speculative office buildings more than a year ago, and it trimmexd its workforce from about 100 employeees last year to about 16 employeez as of June 15.
The company did not include all of its subsidiariesa inthe filing. It excluded, for Maryland Enterprise LLC, which was developing the propertyfor NOAA, and Nurser Corner LLC, which built a 160,000-square-foot office building in Linthicum Heightsd for defense contractor Opus East has developec more than 13.3 million squared feet of space since 1994. Opus West has developed more than 52.7 millioj square feet since 1979. These bankruptcies come on the heelzs of the April 22 bankruptcy of OpusSouth Corp., an Opus affiliatre based in Atlanta. Opus has said it planw to wind down its operations in that part of the countras well.
Opus has said it plans to continur to run its remainingoperating companies, Opus Nortg Corp., based in Chicago, and Opus based in Minnetonka. Those units are actively pursuinv projects. They also have been less affected by the due to their mix ofprojecft types, healthy balance sheet s and stronger markets, according to press release. Opus said its developmentg activity has fallen tojust 4.8 millio n square feet in 2009, down from 34 million squars feet in 2007 and 35 million square feet in 2008.
Monday, November 21, 2011
Alberta introduces legislation to crack down on impaired drivers - MetroNews Canada
tarpleypymibujuh1491.blogspot.com
CTV.ca | Alberta introduces legislation to crack down on impaired drivers MetroNews Canada Alberta is cracking down on suspected impaired drivers with proposed legislation that c » |
Saturday, November 19, 2011
United credit card policy could foul corporate travel - Atlanta Business Chronicle:
xeconatyxex.blogspot.com
San Francisco’s dominant airline informed some travel agencies that as of July 20 it will no longet let them process credit and debit card purchases for airlinde ticketsusing United’s merchant-processing services. Instead, such agencies wouldx have to require travelers to pay with process card payments withthe agency’x own merchant processing service and forwarf the cash to Unitex or book the tickets on United’s web site usingv the traveler’s credit or debit card issued by , V) , (NYSE: MA) (NYSE: AXP) and others.
An agenf using United’s web site, bypassing such travep systems as Apolloand Sabre, would not alloe companies to capture the discounts they have negotiatex with United nor would it allo w their travel agent to survey several carriers on a route to find the lowest price. “Several Bay Area companies have deals with United Airlinesfor discounts,” said Marc president of Casto Travel, whicy isn’t among the agencies that Unitedf has cut off from its merchant-processing service.
Casto says he’s reached out to some of the firm’sd corporate clients to express concernbover United’s new card acceptance policy, but declined to discuss what was said in thosr conversations. United Airlines UAUA) did not respond to requests for United is hoping to shift the cost of acceptingg credit and debit cards onto selectedtravel agencies. Thos e agencies say the airline’se move shifts to them the risk for paying out refundas if the carriergoes bankrupt. While it’s also likely to reduce the amount of moneuy that United has to keep in the bank to guar dagainst charge-backs, it would increasr those requirements for the travel agents.
That’s a nonstarter for most agencies andtheir banks, whichn would have to honor charge-back requests that coulx total billions of dollars in the event of an airlined bankruptcy. “I don’t think there’s any traveol agency, including American Express Travel, that couls shoulder that liability,” Casto said.
San Francisco’s dominant airline informed some travel agencies that as of July 20 it will no longet let them process credit and debit card purchases for airlinde ticketsusing United’s merchant-processing services. Instead, such agencies wouldx have to require travelers to pay with process card payments withthe agency’x own merchant processing service and forwarf the cash to Unitex or book the tickets on United’s web site usingv the traveler’s credit or debit card issued by , V) , (NYSE: MA) (NYSE: AXP) and others.
An agenf using United’s web site, bypassing such travep systems as Apolloand Sabre, would not alloe companies to capture the discounts they have negotiatex with United nor would it allo w their travel agent to survey several carriers on a route to find the lowest price. “Several Bay Area companies have deals with United Airlinesfor discounts,” said Marc president of Casto Travel, whicy isn’t among the agencies that Unitedf has cut off from its merchant-processing service.
Casto says he’s reached out to some of the firm’sd corporate clients to express concernbover United’s new card acceptance policy, but declined to discuss what was said in thosr conversations. United Airlines UAUA) did not respond to requests for United is hoping to shift the cost of acceptingg credit and debit cards onto selectedtravel agencies. Thos e agencies say the airline’se move shifts to them the risk for paying out refundas if the carriergoes bankrupt. While it’s also likely to reduce the amount of moneuy that United has to keep in the bank to guar dagainst charge-backs, it would increasr those requirements for the travel agents.
That’s a nonstarter for most agencies andtheir banks, whichn would have to honor charge-back requests that coulx total billions of dollars in the event of an airlined bankruptcy. “I don’t think there’s any traveol agency, including American Express Travel, that couls shoulder that liability,” Casto said.
Thursday, November 17, 2011
GM files for bankruptcy, plans to transfer operations to Wentzville - The Business Review (Albany):
stockdaleiqemico1521.blogspot.com
Some operations and equipmenr from a steel stamping plant inGrand Mich., which is slated to close as part of the automaker' s restructuring, will be transferred to Wentzville, according to Bob a spokesman for the Wentzville It's not yet known how if any, Michigan employees will opt to transfer to Wentzville, he said. GM officials callec Wentzville Mayor Paul Lambi at9 a.m. Monda to assure him the local plantg wouldremain open. "It's good that they are shipping in work for this Lambi said. "That's a positive that corporatd thinks this plant willbe around.
" Still, Lambi said, rivalk automaker Chrysler plans to shutter its Fenton factors after investing $130 million in so it was important for Wentzville to not rely on GM so much and diversif its revenue stream. When Lambi took office sevenj years ago, Wentzville counted on GM for about 55 to 60 percent of itstotal revenue. that's more like 15 percent of the city'xs $24 million general fund, because GM pays the city about $3 million a year in real estate property taxes andother fees, he GM on Monday by the end of but the Wentzville plant was spared because it’s the only plantf where Chevrolet Express and GMC Savanq vans are made, The Wentzvillee plant will still undergo a previously announced and otherf production cuts in June and July that will result in the layoffsz of 300 workers.
Monday’sd Chapter 11 filing by the 101-year-ol automaker is among the largestin U.S. histort and largest-ever U.S. manufacturing bankruptcy. GM listed $173 billiomn in liabilities and $82 billioh in assets, according to the filed in New GMto St. Louis’ largest privatelhy held company, Enterprise Rent-a-Car, and to Chapter 11, which allows the company to operate while protected from its pushes GM intoa fast-track bankruptcy and providese $30 billion of additional taxpayedr funds to restructure. The GM plan as detailed by U.S. officialas would allow a much smallerf GM to emerge from court protection within 60 to90 days.
The automaker has not providef an updated target for job cuts but was looking toeliminatee 21,000 U.S. factory jobs from the 54,000 union members it now General Motorsemploys 92,000 in the United Statesd and is indirectly responsible for 500,000 retirees. The U.S. governmenf would hold a 60 percent financiall interest in areorganized GM, and the UAW would take a 17.5 percent stake. The governments of Canadaq and the province of Ontario have agreed to a 12 percenty ownership stake in exchange forfinancial aid. GM bondholdersw would get 10 percent. "It’s a bittersweet Wheeler said.
"You hate to have to go through the processx of closing plants andeliminatingv jobs, but look around, that’s what's going on with a lot of Hopefully we can rebound, hire people in the futurw and be the vibrant company we once were." Downloade a copy of the
Some operations and equipmenr from a steel stamping plant inGrand Mich., which is slated to close as part of the automaker' s restructuring, will be transferred to Wentzville, according to Bob a spokesman for the Wentzville It's not yet known how if any, Michigan employees will opt to transfer to Wentzville, he said. GM officials callec Wentzville Mayor Paul Lambi at9 a.m. Monda to assure him the local plantg wouldremain open. "It's good that they are shipping in work for this Lambi said. "That's a positive that corporatd thinks this plant willbe around.
" Still, Lambi said, rivalk automaker Chrysler plans to shutter its Fenton factors after investing $130 million in so it was important for Wentzville to not rely on GM so much and diversif its revenue stream. When Lambi took office sevenj years ago, Wentzville counted on GM for about 55 to 60 percent of itstotal revenue. that's more like 15 percent of the city'xs $24 million general fund, because GM pays the city about $3 million a year in real estate property taxes andother fees, he GM on Monday by the end of but the Wentzville plant was spared because it’s the only plantf where Chevrolet Express and GMC Savanq vans are made, The Wentzvillee plant will still undergo a previously announced and otherf production cuts in June and July that will result in the layoffsz of 300 workers.
Monday’sd Chapter 11 filing by the 101-year-ol automaker is among the largestin U.S. histort and largest-ever U.S. manufacturing bankruptcy. GM listed $173 billiomn in liabilities and $82 billioh in assets, according to the filed in New GMto St. Louis’ largest privatelhy held company, Enterprise Rent-a-Car, and to Chapter 11, which allows the company to operate while protected from its pushes GM intoa fast-track bankruptcy and providese $30 billion of additional taxpayedr funds to restructure. The GM plan as detailed by U.S. officialas would allow a much smallerf GM to emerge from court protection within 60 to90 days.
The automaker has not providef an updated target for job cuts but was looking toeliminatee 21,000 U.S. factory jobs from the 54,000 union members it now General Motorsemploys 92,000 in the United Statesd and is indirectly responsible for 500,000 retirees. The U.S. governmenf would hold a 60 percent financiall interest in areorganized GM, and the UAW would take a 17.5 percent stake. The governments of Canadaq and the province of Ontario have agreed to a 12 percenty ownership stake in exchange forfinancial aid. GM bondholdersw would get 10 percent. "It’s a bittersweet Wheeler said.
"You hate to have to go through the processx of closing plants andeliminatingv jobs, but look around, that’s what's going on with a lot of Hopefully we can rebound, hire people in the futurw and be the vibrant company we once were." Downloade a copy of the
Tuesday, November 15, 2011
Group issued WARN-ing about Duke Energy CEO Rogers - Triangle Business Journal:
uhetemejih.wordpress.com
NC WARN was mobilizing to oppose the nominatiojn of CEOJim Rogers, who reportedl was on the short list of candidateas for the top post at the U.S. Departmenr of Energy. A recent article in The Washington Post, citinvg “well informed Democrats,” listed Rogersw among the candidates forthe job. NC WARN has been a thornj in Duke’s side; the grouop has opposed a new coal planf and has challenged the projectee savings fromthe utility’s “Save A energy efficiency program. NC WARN and othed advocacy groups claim that Rogers does not give sufficient supporg to energy efficiency efforts and renewableenergt generation. From the good news file comee this.
members, through the SECU Foundation, are workingt to provide permanent financing for transitional housing to benefirt homeless veterans in The SECU is partnering with the North Carolin a Housing Finance Agency to buils a facility to be called MapleCouryt Apartments. The project is being developed by Volunteers of Americq of the Carolinas with support from the city of Durhanm and theVeterans Administration. The apartmentz will offer 24 rental units ona 1.
6-acre site at the southeasft corner of East Carver Stree t and Commons Boulevard in north Raleighites who take in ’s annual productionn of a “A Christmas Carol” might noticed that all the dancing and prancing has a littls different twist to it this That might be because Brijet Henderson-Whitney, the wife of Carolinw Hurricanes left wing Ray signed on as the production’s choreographer this Brijet’s family has a dance studiop in Edmonton, and she has been choreographing and performing dance routines for years.
Biz says “bravo” for her work on the “Thwe Christmas Carol” but does wondet if she couldn’t work a few ice hockeyg moves intothe program. Biz woulfd love to see the ghost of Jacob Marleuy check Scrooge and Teddy into the boards justonce … Maybe Brijet’s work on the show is the reasomn Canes goalie Cam Ward and his bride took in a productioj of “The Christmas Carol” on Dec. 9. So, Cam, how is that groinb injury?, Biz asked Ward. “oI was sore after practice this he said. “But hopefully, I will be ready to go by this And thoughts on thenew coach?
“Haven’tr had a chance to sit down and talk to Mo (Paul I had a good relationship with Peter Here’s Biz hoping Ward comes back stronger than ever and Coach develops a trusting relationship with the goaltender. In the years sincd Hurricane Katrina, students at the University of Nortb Carolina School of Law have volunteered their time to providre free legal services to NewOrleans residents. Each wintefr break since 2005, 15 to 20 students have advised residents on matters ranging from land ownershilto divorces. For their efforts, UNC’ws law school has been honorede with the Pro Bono Law Schookl of theYear award.
The award was bestowed by the Pro Bono a not-for-profit group that servexs low-income clients in and around the Crescent The events that have made up the banking and financial crisi s may have been coming hot and heavy in recent months, but that hasn’yt stopped the scholars at the University of North Carolinaz Center for Banking and Finances from trying to make sensre out of it all.
NC WARN was mobilizing to oppose the nominatiojn of CEOJim Rogers, who reportedl was on the short list of candidateas for the top post at the U.S. Departmenr of Energy. A recent article in The Washington Post, citinvg “well informed Democrats,” listed Rogersw among the candidates forthe job. NC WARN has been a thornj in Duke’s side; the grouop has opposed a new coal planf and has challenged the projectee savings fromthe utility’s “Save A energy efficiency program. NC WARN and othed advocacy groups claim that Rogers does not give sufficient supporg to energy efficiency efforts and renewableenergt generation. From the good news file comee this.
members, through the SECU Foundation, are workingt to provide permanent financing for transitional housing to benefirt homeless veterans in The SECU is partnering with the North Carolin a Housing Finance Agency to buils a facility to be called MapleCouryt Apartments. The project is being developed by Volunteers of Americq of the Carolinas with support from the city of Durhanm and theVeterans Administration. The apartmentz will offer 24 rental units ona 1.
6-acre site at the southeasft corner of East Carver Stree t and Commons Boulevard in north Raleighites who take in ’s annual productionn of a “A Christmas Carol” might noticed that all the dancing and prancing has a littls different twist to it this That might be because Brijet Henderson-Whitney, the wife of Carolinw Hurricanes left wing Ray signed on as the production’s choreographer this Brijet’s family has a dance studiop in Edmonton, and she has been choreographing and performing dance routines for years.
Biz says “bravo” for her work on the “Thwe Christmas Carol” but does wondet if she couldn’t work a few ice hockeyg moves intothe program. Biz woulfd love to see the ghost of Jacob Marleuy check Scrooge and Teddy into the boards justonce … Maybe Brijet’s work on the show is the reasomn Canes goalie Cam Ward and his bride took in a productioj of “The Christmas Carol” on Dec. 9. So, Cam, how is that groinb injury?, Biz asked Ward. “oI was sore after practice this he said. “But hopefully, I will be ready to go by this And thoughts on thenew coach?
“Haven’tr had a chance to sit down and talk to Mo (Paul I had a good relationship with Peter Here’s Biz hoping Ward comes back stronger than ever and Coach develops a trusting relationship with the goaltender. In the years sincd Hurricane Katrina, students at the University of Nortb Carolina School of Law have volunteered their time to providre free legal services to NewOrleans residents. Each wintefr break since 2005, 15 to 20 students have advised residents on matters ranging from land ownershilto divorces. For their efforts, UNC’ws law school has been honorede with the Pro Bono Law Schookl of theYear award.
The award was bestowed by the Pro Bono a not-for-profit group that servexs low-income clients in and around the Crescent The events that have made up the banking and financial crisi s may have been coming hot and heavy in recent months, but that hasn’yt stopped the scholars at the University of North Carolinaz Center for Banking and Finances from trying to make sensre out of it all.
Sunday, November 13, 2011
Valley hotels see low occupancy rates as winter season nears - Phoenix Business Journal:
bojony.wordpress.com
“Everybody has always been able topredict — but right now, all bets are said Debbie Johnson, president and CEO of the . “Wer expect business will be but thequestion is, how said Brent DeRaad, executive vice president of the . According to , an internationap firm specializing in the hospitalityt andlodging industry, hotel occupancy in metro Phoenix dropped by 11.5 percent, from 60.6 percent in Septembet 2007 to 53.7 percent in September 2008. The Valley’a stats are more dramatic than Smith’s national figures, which show occupancy down by aboutt 6percent nationwide, to 60 for the same period.
Hoteliera and industry leaders say similar declines were seen immediatel yafter 9/11, when the fear factor kept people at home. Thesee days, however, it’s job losses, tighteningy credit markets andweakened 401(k) plans that are keepinv travelers at bay. “In this there is more consumer doubt and DeRaad said. is forecasting a national decrease of almost 4 perceng in hotel occupancy in to 60.7 percent, the largest drop since 2001. The accountin firm expects the downturn to continud into 2009 with an occupancy rateof 58.6 percent, the lowesrt since 1971.
“We are seeing decreased consumetr confidence and a slowdown across the We anticipate that visitation and direcg spending willbe down, but at this pointg we can’t predict,” said Tina Miller, directorf of communications for the . Despite the decline in occupancy at Valley hotelsand resorts, room rates have increaseed by 5.1 percent, from $121.45 to $127.588 a night. Industry officials said that increase is reflectivs of a more metropolitan market that can drawhighe rates.
Hoteliers still have a baseline thatmirrord higher-end markets, they This past February, the Valley benefitef from Super Bowl XLII and the swarj of fans — not to mention the hordes of media, NFL players, officials and their familiex — who filled hotel rooms across Arizona in the weeks surroundinyg the event. “The Super Bowl provided us with a 20 percent bumpin bed-tazx revenue over February 2007.
It will be extremelyu difficult for us to make thatup (this season),” said That event helped soften the blow of a slowinh economy, which was becoming evident early this year but worsened over the There are no up-to-date statistics on winter visitationn in metro Phoenix, so it’s harder to determinre how those numbers stack up to previous years. Thoss in the industry say the meetint and convention businessremains steady. The duratiom and number of attendees, however, are somewhat In addition, attendees are taking less advantageof amenities, spa servicesw and day outings.
the Valley is facing increasing competition withothe warm-weather destinations, including Mexico, that can be just as attractive to tourists facing pricey airline tickets. There is some good though: Sunshine and lowet gas prices may help the Valley keep its headabove “At least regionally, we are hoping that might stimulatwe visitors,” Miller said. “With fuel prices comingg down, we are also seein the cost of airline tickets come and that is very importanrfor us,” DeRaad said. New hotels have entered the Valleyu marketplacethis year, including the 1,000-room Sheraton Phoenidx Downtown Hotel.
In addition, the newly expandedc Phoenix Convention Center has bookeds large meetings for itsinaugural season, such as the National Cattleman’s Beef Association.
“Everybody has always been able topredict — but right now, all bets are said Debbie Johnson, president and CEO of the . “Wer expect business will be but thequestion is, how said Brent DeRaad, executive vice president of the . According to , an internationap firm specializing in the hospitalityt andlodging industry, hotel occupancy in metro Phoenix dropped by 11.5 percent, from 60.6 percent in Septembet 2007 to 53.7 percent in September 2008. The Valley’a stats are more dramatic than Smith’s national figures, which show occupancy down by aboutt 6percent nationwide, to 60 for the same period.
Hoteliera and industry leaders say similar declines were seen immediatel yafter 9/11, when the fear factor kept people at home. Thesee days, however, it’s job losses, tighteningy credit markets andweakened 401(k) plans that are keepinv travelers at bay. “In this there is more consumer doubt and DeRaad said. is forecasting a national decrease of almost 4 perceng in hotel occupancy in to 60.7 percent, the largest drop since 2001. The accountin firm expects the downturn to continud into 2009 with an occupancy rateof 58.6 percent, the lowesrt since 1971.
“We are seeing decreased consumetr confidence and a slowdown across the We anticipate that visitation and direcg spending willbe down, but at this pointg we can’t predict,” said Tina Miller, directorf of communications for the . Despite the decline in occupancy at Valley hotelsand resorts, room rates have increaseed by 5.1 percent, from $121.45 to $127.588 a night. Industry officials said that increase is reflectivs of a more metropolitan market that can drawhighe rates.
Hoteliers still have a baseline thatmirrord higher-end markets, they This past February, the Valley benefitef from Super Bowl XLII and the swarj of fans — not to mention the hordes of media, NFL players, officials and their familiex — who filled hotel rooms across Arizona in the weeks surroundinyg the event. “The Super Bowl provided us with a 20 percent bumpin bed-tazx revenue over February 2007.
It will be extremelyu difficult for us to make thatup (this season),” said That event helped soften the blow of a slowinh economy, which was becoming evident early this year but worsened over the There are no up-to-date statistics on winter visitationn in metro Phoenix, so it’s harder to determinre how those numbers stack up to previous years. Thoss in the industry say the meetint and convention businessremains steady. The duratiom and number of attendees, however, are somewhat In addition, attendees are taking less advantageof amenities, spa servicesw and day outings.
the Valley is facing increasing competition withothe warm-weather destinations, including Mexico, that can be just as attractive to tourists facing pricey airline tickets. There is some good though: Sunshine and lowet gas prices may help the Valley keep its headabove “At least regionally, we are hoping that might stimulatwe visitors,” Miller said. “With fuel prices comingg down, we are also seein the cost of airline tickets come and that is very importanrfor us,” DeRaad said. New hotels have entered the Valleyu marketplacethis year, including the 1,000-room Sheraton Phoenidx Downtown Hotel.
In addition, the newly expandedc Phoenix Convention Center has bookeds large meetings for itsinaugural season, such as the National Cattleman’s Beef Association.
Friday, November 11, 2011
Colorado ski visits down nearly 6%, but ahead of some forecasts - Denver Business Journal:
haga-aa8xuq.blogspot.com
percent in January and February from ayear earlier, and 5.9 percenty for the full season to date, reports. But the trade group said that visits for the first two months of 2009 were slightlh abovethe five-year average for Colorado resorts. The percentagess are actually beatingsome pre-season forecasts for skier , operator of resortw in the Aspen-Snowmass area, had forecast a skied drop of 5 to 15 percentt before the season began, . Coloradoi Ski Country USA countws a person skiing or snowboarding for any part of one day at a mountainh resort as oneskier visit.
It did not releasew the number ofskier , Melanie Mills, president and CEO of Colorado Ski Country USA, said the latesft visitation figure in comparison to the multi-year trend "speaks to Colorado's worldwidre reputation as the best place to The association's figures do not include Vail, Keystone and Beaver Creek resorts, whicb have withdrawn from Colorado Ski Country USA. Vail the operator of those four resorts, said season-to-date visits were up 9 percent at Vailand 7.2 percentt at Beaver Creek, but down 1.7 percent at Breckenridge and 9.8 percengt at Keystone, .
percent in January and February from ayear earlier, and 5.9 percenty for the full season to date, reports. But the trade group said that visits for the first two months of 2009 were slightlh abovethe five-year average for Colorado resorts. The percentagess are actually beatingsome pre-season forecasts for skier , operator of resortw in the Aspen-Snowmass area, had forecast a skied drop of 5 to 15 percentt before the season began, . Coloradoi Ski Country USA countws a person skiing or snowboarding for any part of one day at a mountainh resort as oneskier visit.
It did not releasew the number ofskier , Melanie Mills, president and CEO of Colorado Ski Country USA, said the latesft visitation figure in comparison to the multi-year trend "speaks to Colorado's worldwidre reputation as the best place to The association's figures do not include Vail, Keystone and Beaver Creek resorts, whicb have withdrawn from Colorado Ski Country USA. Vail the operator of those four resorts, said season-to-date visits were up 9 percent at Vailand 7.2 percentt at Beaver Creek, but down 1.7 percent at Breckenridge and 9.8 percengt at Keystone, .
Tuesday, November 8, 2011
Study Debunks Operation to Prevent Strokes - New York Times
bengeyqafiba1640.blogspot.com
Baltimore Sun | Study Debunks Operation to Prevent Strokes New York Times So why weren't patients who had the surgery better off? It was because the operation itself caused strokes: 14.4 percent of the surgical patients had a stroke within a month of the operation, compared with a stroke rate of only 2 percent in the ... New Bypass Surgery for Stroke Riskier Than Drug Treatment Surgical procedure does not appear to reduce risk of subsequent stroke after ... No Added Benefits of Cranial Bypass in Stroke Prevention |
Sunday, November 6, 2011
Stop acting like a salesperson; start acting like a consultant - Portland Business Journal:
egogakydo.wordpress.com
Why do we ask questions? Here are some of the • So we fully understand the prospect’s needss and “hot buttons.” • So when we present our solutionas they match what our prospects said was important and they feel yourxs is acustom solution. • To get beyonds the initial reason why they needthe product. • To make prospectss feel like they are a part of the buying When theyare talking, they are beginning to sell So what questions should we ask? That has a lot to do with what you have learneds about the prospect before you try to “sell” You need to learn somethingf about the company, the decision-makers, etc. before callingh on them.
That’s pretty easy. Use theitr Web site, Google, any of the social networks, then when you call them you have something with which to beginthe conversation. The most important thinh about asking questions is that theyare open-ended and thoughr provoking. Here are some examples of questions that may or may notbe • How has the economy affected your companhy and the ways you are making decisions now compared with last year • I noticed on your Web site that you will be launchinhg a new product. Can you tell me abour that? • I read that your industry is going throughb changes when it comesto financing. Can you sharde with me how that will affectyour organization??
• If it was May 2010 and you said you just had a very successfuo year, what would have happened?? • Let’s pretend we worked together this past A year later you said the relationship was a positivee one. What does that look like? • What do the next five year s look like foryour organization? • What differentiatees you from your competitors? What are you most proufd of? I wouldn’t ask all of theser questions all of the time. They are Certainly, more specific questions are appropriate as but it is important to fullyu understand the big If you take time to learn more abougtthe prospect, you may learn about some additional needs they might have.
A consultant and salespersonn are really the same with only one a consultant is paid up front and a salesperson is paid inthe end. So act like a consultany and you will selllots
Why do we ask questions? Here are some of the • So we fully understand the prospect’s needss and “hot buttons.” • So when we present our solutionas they match what our prospects said was important and they feel yourxs is acustom solution. • To get beyonds the initial reason why they needthe product. • To make prospectss feel like they are a part of the buying When theyare talking, they are beginning to sell So what questions should we ask? That has a lot to do with what you have learneds about the prospect before you try to “sell” You need to learn somethingf about the company, the decision-makers, etc. before callingh on them.
That’s pretty easy. Use theitr Web site, Google, any of the social networks, then when you call them you have something with which to beginthe conversation. The most important thinh about asking questions is that theyare open-ended and thoughr provoking. Here are some examples of questions that may or may notbe • How has the economy affected your companhy and the ways you are making decisions now compared with last year • I noticed on your Web site that you will be launchinhg a new product. Can you tell me abour that? • I read that your industry is going throughb changes when it comesto financing. Can you sharde with me how that will affectyour organization??
• If it was May 2010 and you said you just had a very successfuo year, what would have happened?? • Let’s pretend we worked together this past A year later you said the relationship was a positivee one. What does that look like? • What do the next five year s look like foryour organization? • What differentiatees you from your competitors? What are you most proufd of? I wouldn’t ask all of theser questions all of the time. They are Certainly, more specific questions are appropriate as but it is important to fullyu understand the big If you take time to learn more abougtthe prospect, you may learn about some additional needs they might have.
A consultant and salespersonn are really the same with only one a consultant is paid up front and a salesperson is paid inthe end. So act like a consultany and you will selllots
Friday, November 4, 2011
Riders stranded, shocked after Detroit bus transit crippled - Detroit Free Press
moffaiqohegesa1490.blogspot.com
Riders stranded, shocked after Detroit bus transit crippled Detroit Free Press Riders stranded, shocked as protest halts Detroit ...: A walk-out by at least 100 Detroit Department of Transportation bus drivers today has crippled service for bus riders across the city of Detroit. / MIKE BROOKBANK / Detroit Free Press 11/4/2011 ... |
Wednesday, November 2, 2011
Local BAE Systems office wins $12 million task order - Jacksonville Business Journal:
acklinegymejac1362.blogspot.com
The company’s task order is worth up to $12 The company designed a training technologuy called the Visual Threat Recognitiobn and Avoidance Traineror VTRAT. The system is used to teacyh flight crews how to identify andavoicd ground-to-air threats. Through this interactive system, Air Forcew personnel learn how to visually detect threats such as missilesw and how to initiate defensive maneuversand countermeasures. The San Antonio office developed the software asa off-the-shelf training system. It is used to provide trainingto C-130 cargo plane and MH-5w helicopter crews. The local office also provides technical software developmentand sustainment.
“We know how important it is to our Air Forced war fighters to provide the training they need to surviver incombat situations,” says Mike vice president of Professional Serviced Solutions for BAE Systems. BAE San Antonio office won the task order as part of its participatiohn in theAir Force’s Future Flexible Acquisition and Sustainment Tool contract. Rockville, Md.-base BAE Systems is a primes contractor on that contracton Aug. 15, 2008. The Air Forcse has $6.9 billion available undet that contract. BAE is a global defense, securitt and aerospace company thatsupport air, land and naval forces.
The companyt has 105,000 employees worldwide and concluded 2008 with salesof $34.4
The company’s task order is worth up to $12 The company designed a training technologuy called the Visual Threat Recognitiobn and Avoidance Traineror VTRAT. The system is used to teacyh flight crews how to identify andavoicd ground-to-air threats. Through this interactive system, Air Forcew personnel learn how to visually detect threats such as missilesw and how to initiate defensive maneuversand countermeasures. The San Antonio office developed the software asa off-the-shelf training system. It is used to provide trainingto C-130 cargo plane and MH-5w helicopter crews. The local office also provides technical software developmentand sustainment.
“We know how important it is to our Air Forced war fighters to provide the training they need to surviver incombat situations,” says Mike vice president of Professional Serviced Solutions for BAE Systems. BAE San Antonio office won the task order as part of its participatiohn in theAir Force’s Future Flexible Acquisition and Sustainment Tool contract. Rockville, Md.-base BAE Systems is a primes contractor on that contracton Aug. 15, 2008. The Air Forcse has $6.9 billion available undet that contract. BAE is a global defense, securitt and aerospace company thatsupport air, land and naval forces.
The companyt has 105,000 employees worldwide and concluded 2008 with salesof $34.4
Monday, October 31, 2011
F.N.B. appoints Campbell as chairman - Business First of Columbus:
plesciamipukoa1855.blogspot.com
Campbell formerly served as F.N.B.’s lead director and serves onseverap committees. He has been a director since 1975. “Bill is one of our longesgt serving and mostdedicated directors,” Gurgovits said in a F.N.B. previously said it would appoint a new chairman to enable Gurgovitx to focus on his corporate responsibilities and to conformnto F.N.B.’s corporate guidelines. who has worked at F.N.B. for 48 had taken the chairman role in Apriol 2008 when Robert New was namerd CEO and president after anearly two-year New resigned 10 months later and Gurgovitsx stepped back in on an interim basis initially. He accepted the post fulltime onJune 2.
is based in Hermitage, norty of Pittsburgh, and had assets of $8.5 billiobn as of March 31.
Campbell formerly served as F.N.B.’s lead director and serves onseverap committees. He has been a director since 1975. “Bill is one of our longesgt serving and mostdedicated directors,” Gurgovits said in a F.N.B. previously said it would appoint a new chairman to enable Gurgovitx to focus on his corporate responsibilities and to conformnto F.N.B.’s corporate guidelines. who has worked at F.N.B. for 48 had taken the chairman role in Apriol 2008 when Robert New was namerd CEO and president after anearly two-year New resigned 10 months later and Gurgovitsx stepped back in on an interim basis initially. He accepted the post fulltime onJune 2.
is based in Hermitage, norty of Pittsburgh, and had assets of $8.5 billiobn as of March 31.
Saturday, October 29, 2011
Digital agency unveils campaign for Big Bash League team Brisbane Heat - MuMbrella
http://www.helmitechnologies.com/tech_showcase/technology-showcase-ajile-systems-inc.html
Digital agency unveils campaign for Big Bash League team Brisbane Heat MuMbrella The mural was painted by street artists Mr. Perso and Sirum1, which formed the basis for the TV spot. “Our ch » |
Wednesday, October 26, 2011
Blaye-les-Mines. Concert avec « Les Oreilles Rouges » - LaDépêche.fr
mozybyd.wordpress.com
LaDépêche.fr | Blaye-les-Mines. Concert avec « Les Oreilles Rouges » LaDépêche.fr Réservation fortement conseillée, places limitées. Mercredi 19 octobre à 17h00.Gratuit. Maison de la Musique - Cap Découverte . Renseignements au 05 63 80 29 00 < Les Oreilles Rouges > à Cap Découverte le 19 octobre . |
Monday, October 24, 2011
Amazon Adding HTML5 to Updated Kindle E-Book Format - PC Magazine
a-ee85aqa.blogspot.com
SlashGear | Amazon Adding HTML5 to Updated Kindle E-Book Format PC Magazine With the launch of its Kindle Fire tablet next month, Amazon will also launch a new e-book format that will provide designers with access to a variety of updated features, including HTML5. E-books on the Kindle Fire will be powered ... Amazon adds HTML5 ebooks in Kindle Format 8 Amazon Updates Kindle Line to HTML5, CSS3 Amazon Adds HTML5 for Kindle Format 8 |
Saturday, October 22, 2011
Martek Biosciences plans appeal of E.U. ruling on infant formula patent - Tampa Bay Business Journal:
wanuso.wordpress.com
That was word from the Columbia company Tuesday inregulatoryg filings. The patent office in the Hague, Netherlandes upheld a patent that was granted to the biotech firm in 2007 but was challenged by food manufacturersdand Ltd. The patentr office said Martek’s patent applies to Martek’sw nutritional oil in infant formula, but is not coveredr when it is blended with certain fish oils used ininfant formula. Martek (NASDAQ: MATK) expectsx the appeal will take one to two year and said it does not believe the ruling will impacttits revenue.
Derived from the company’s nutritional oils are also used in dietary supplements and food such as yogurt and The company has been aggressivel y expanding its infant formula business overseas as it has nearly saturatedsthe U.S. market. Martek warned in its last earning s statement that its infant formul sales in the third and fourth quarterss could drop as retailers trim theie inventories ofthe product. The company anticipates demandc will pick up infiscal 2010.
That was word from the Columbia company Tuesday inregulatoryg filings. The patent office in the Hague, Netherlandes upheld a patent that was granted to the biotech firm in 2007 but was challenged by food manufacturersdand Ltd. The patentr office said Martek’s patent applies to Martek’sw nutritional oil in infant formula, but is not coveredr when it is blended with certain fish oils used ininfant formula. Martek (NASDAQ: MATK) expectsx the appeal will take one to two year and said it does not believe the ruling will impacttits revenue.
Derived from the company’s nutritional oils are also used in dietary supplements and food such as yogurt and The company has been aggressivel y expanding its infant formula business overseas as it has nearly saturatedsthe U.S. market. Martek warned in its last earning s statement that its infant formul sales in the third and fourth quarterss could drop as retailers trim theie inventories ofthe product. The company anticipates demandc will pick up infiscal 2010.
Thursday, October 20, 2011
Bizarre and Menacing, Gadhafi Died as Fugitive in Own Land - Wall Street Journal
ymekovo.wordpress.com
The Associated Press | Bizarre and Menacing, Gadhafi Died as Fugitive in Own Land W » |
Tuesday, October 18, 2011
Proposal to Abolish ND Property Taxes Stirs Debate - ABC News
1189126qun.blogspot.com
ABC News | Proposal to Abolish ND Property Taxes Stirs Debate ABC News Wagner spoke Monday at a gathering organized by the North Dakota Association of Counties to discuss the proposal. The group included one supporter of the measure, state Rep. Dan Ruby, R-Minot, and three opponents â€" Wagner; state Sen. ... Proposal to abolish ND property taxes stirs debate Proposal to abolish ND property taxes takes hits; critics say it would hurt ... |
Sunday, October 16, 2011
Shlemenko drills Rogers, advances to final - ESPN (blog)
balamatovaegede.blogspot.com
ESPN (blog) | Shlemenko drills Rogers, advances to final ESPN (blog) Don't miss a moment of the latest MMA coverage from around the world. Follow us on Twitter and stay informed. Join » With the victory, Shlemenko heads into the Bellator Season 5 middleweight tournament final where he will face Vitor ... |
Thursday, October 13, 2011
Central Bank Buying Means Gold to Rally to $2000: Chart of Day - BusinessWeek
http://munafik.info/article.php?story=20071222131436609
Central Bank Buying Means Gold to Rally to $2000: Chart of Day BusinessWeek “I certainly expect international central bank gold buying to continue, especially in emerging economies where foreign reserves are growing,†said Gavin Wendt, founder and senior analyst at Sydney-based Mine Life, which publishes reports on the metals ... |
Tuesday, October 11, 2011
Maryland Port Administration's pact with UPM-Kymmene to create 120 jobs - Baltimore Business Journal:
cicugaha.wordpress.com
million tons of cargio over 10 years and create 120 new jobs at the Port of The contract, which Gov. Martinj O’Malley ceremonially signed Thursday, strengthened the ’s growing forest products at the state-owned South Locust Point terminal. It included constructionm of a 300,000-square-foot custom-built warehouse and was the seconcd such deal this capping a strong 2008 forport business. Baltimore’d port ranks first nationally in forest product imports, which totaled about 15 percent of total cargpo tonnage in 2007. The MPA signed a similar contract with another Finnisypaper company, M-real, earlier this year and builrt that company a 215,000-square-footf warehouse.
It also signed a 10-yeaf shipping agreement with container shipping companythis “We’re very excited about it,” MPA Executive Directoer James J. White said in an interview. “What’sd nice about this deal is when youhave [a contracg with] the manufacturer, you know you’rr going to get the product and you know you’re goinfg to have them long-term.” Most other contractss are with stevedores, who act as middlemejn between the shipper and the port terminal, Whitde explained. The shipper signs a deal with the stevedord to deliverthe products, and the stevedore signsw a deal with the terminal to unload them.
The UPM deal is similar to the 20-yearf contract the MPA signed directly within 2004, Whited said. The UPM contractg became effective Oct. 1. “Long-term contracts with global companiew like UPM are the key in helpint to support the thousandsof good-paying, family-supportingh jobs at the Port of Gov. Martin O’Malley said in a “Having an internationally-renowned paper manufacturer of UPM’s stature to continue to call the Port of Baltimorew for 10 more years meansz 10 more years of guaranteed jobs forthe Port’ss dedicated workforce.
”
million tons of cargio over 10 years and create 120 new jobs at the Port of The contract, which Gov. Martinj O’Malley ceremonially signed Thursday, strengthened the ’s growing forest products at the state-owned South Locust Point terminal. It included constructionm of a 300,000-square-foot custom-built warehouse and was the seconcd such deal this capping a strong 2008 forport business. Baltimore’d port ranks first nationally in forest product imports, which totaled about 15 percent of total cargpo tonnage in 2007. The MPA signed a similar contract with another Finnisypaper company, M-real, earlier this year and builrt that company a 215,000-square-footf warehouse.
It also signed a 10-yeaf shipping agreement with container shipping companythis “We’re very excited about it,” MPA Executive Directoer James J. White said in an interview. “What’sd nice about this deal is when youhave [a contracg with] the manufacturer, you know you’rr going to get the product and you know you’re goinfg to have them long-term.” Most other contractss are with stevedores, who act as middlemejn between the shipper and the port terminal, Whitde explained. The shipper signs a deal with the stevedord to deliverthe products, and the stevedore signsw a deal with the terminal to unload them.
The UPM deal is similar to the 20-yearf contract the MPA signed directly within 2004, Whited said. The UPM contractg became effective Oct. 1. “Long-term contracts with global companiew like UPM are the key in helpint to support the thousandsof good-paying, family-supportingh jobs at the Port of Gov. Martin O’Malley said in a “Having an internationally-renowned paper manufacturer of UPM’s stature to continue to call the Port of Baltimorew for 10 more years meansz 10 more years of guaranteed jobs forthe Port’ss dedicated workforce.
”
Sunday, October 9, 2011
Take your pick - Business First of Columbus:
glafirarynyxu.blogspot.com
Some expect economic clearing, othera predict continued clouds. Two timely op-ed submissiond from regional and national prognosticators show how ficklw and contrary financial forecasts can be on the subjecg ofstimulus funding. Up in Dr. M. Ray Perryman of sees signs of improvemen t in a numberof stimulus-related • President Obama’s decisioh last week to deliver approximately 600,00p jobs during the summer will undoubtedly be receiverd as encouraging and bolster already improving consumer confidence.
Obama’s pledge to speed up federakl spending for maintenance projects at military as well as state road andairport improvements, along with the employmen of around 135,000 school teachers and support is expected to kick-start the flow of moneh into state coffers. • The Greater opportunities for slowinbg the economic decline have now showed up on theradare screen. Out in California, Dominico Armentano at the in Oakland plotsx an opposite course forstimulus funding. • Massivwe infusion of government credit to the banks and much of the stimulusw spending will perpetuate and evenextend — consumer and businesd “malinvestments” created during the boom.
The massive increase in federal spending, financed either by new borrowing or credit fromthe Fed, will resuly in sharply higher interest rates due to inflation, expected inflation or dollar depreciation. Lendersa — especially foreign lenders — will not continure to purchase U.S. Treasury bondsx at a nearly zero real interest The outlook: A continuing cold front with no warming trend on the horizoj any time soon. There they are, two disparats forecasts from a Central Texas observatory and a Californiathink tank. Multiply these two examples, and conflictinyg stimulus forecasts are allover map.
Bottom Stimulus funding will turn out to be a safefinancial haven, or we need to evacuate befor the economic storm hits. Take your pick.
Some expect economic clearing, othera predict continued clouds. Two timely op-ed submissiond from regional and national prognosticators show how ficklw and contrary financial forecasts can be on the subjecg ofstimulus funding. Up in Dr. M. Ray Perryman of sees signs of improvemen t in a numberof stimulus-related • President Obama’s decisioh last week to deliver approximately 600,00p jobs during the summer will undoubtedly be receiverd as encouraging and bolster already improving consumer confidence.
Obama’s pledge to speed up federakl spending for maintenance projects at military as well as state road andairport improvements, along with the employmen of around 135,000 school teachers and support is expected to kick-start the flow of moneh into state coffers. • The Greater opportunities for slowinbg the economic decline have now showed up on theradare screen. Out in California, Dominico Armentano at the in Oakland plotsx an opposite course forstimulus funding. • Massivwe infusion of government credit to the banks and much of the stimulusw spending will perpetuate and evenextend — consumer and businesd “malinvestments” created during the boom.
The massive increase in federal spending, financed either by new borrowing or credit fromthe Fed, will resuly in sharply higher interest rates due to inflation, expected inflation or dollar depreciation. Lendersa — especially foreign lenders — will not continure to purchase U.S. Treasury bondsx at a nearly zero real interest The outlook: A continuing cold front with no warming trend on the horizoj any time soon. There they are, two disparats forecasts from a Central Texas observatory and a Californiathink tank. Multiply these two examples, and conflictinyg stimulus forecasts are allover map.
Bottom Stimulus funding will turn out to be a safefinancial haven, or we need to evacuate befor the economic storm hits. Take your pick.
Friday, October 7, 2011
Inflationary fears spark debate between hawks, doves - Business First of Columbus:
husolumiz.wordpress.com
Today the financial media’s buzz phras e is “green shoots,” taken from Fed Chairman Ben Bernanke’sw mid-March interview, where he spoke of detectint green shoots ofeconomic recovery. As soothingf is the thought of being in the springtime ofthe it’s taken an awful lot of fertilizer in the form of governmentg stimulus to get us here. And theree lies the basis of questions from investorsd whose fear of inflationary pressuresis growing. Inflation hawksa paint a bleak picture of theinevitablee interest-rate and inflation pressuresd our economy soon will face.
Pessimism over the mortgaging of our futurdeis prevalent, despite the relative ease the government has had in the earlg financings of these vast new appropriations. Treasury bonds, untipl just recently, have been the securities of choicer in the face of global stock and creditmarketr meltdowns, giving the government easy access to capita l at low rates. The concern is that this strong Treasury markeytis temporary, and doesn’t mean that future Treasurhy issuances will be met with the same enthusiasm. For many foreign buyers have had a growingf appetitefor U.S. debt securities.
In we’ve run large trade deficits with Chinqand Japan, and those two countries have invested theid surpluses heavily in U.S. Treasuryt securities. Their holdings are enormous. As of the end of last China heldabout $700 billionb in treasury bonds and Japan about $580 billion. The two accountf for almost 65 percent of total Treasury securitiea heldby foreigners, 19 percent of the tota U.S. national debt and more than 30 percent of those held by the In the heyday ofthe U.S.
credit boom, it was rationalized that this symbiotic arrangement was good for all But what does the futures hold if our foreigntrading partners, either by choicer or necessity, stop buyint huge quantities of our bonds? The administrationh would look to the Fed to create lots of new dollard to purchase Treasury bonds that must be issued to support the country’s growing deficit. The result, say the would be inflation, a lesson we learnefd all too well in the late whenthe Fed’s deficit financinbg sent the CPI to an annual rate of almost 15 There are sound opinions that counter the hawkisg view.
Inflation doves have compelling arguments associated with the velocityof money, as well as our high unemploymentg and low capacity Those who believe inflation will remain moderate, at least for the next four to five don’t view money supply alone as a key determinant of They point to the velocity of money — or how many times a dollar is spent in a certain time frame as a major component in the equation. We’rd all aware of the hundredsx of billions ofdollars (or money the Treasury has printed and injected into the However, what isn’t as apparent is where that moneuy is today.
Vast amountsx of the money have gone offshorew to pay off counterparty claimas related to creditdefault swaps, and much of the remainderr is sitting on bank balance sheets, slowlhy trickling into the economy, given the banking system’s newfoundr sense of credit risk. And when dollars do re-enter the broadefr economy, consumers have been hoarding them, as witnessed by the surgd in the householdsavings rate.
Unti the consumption spigots are opened, inflation doves argude that the governmentstimulus won’t be They add that with unemployment runnint more than 9 percent and we shouldn’t experience wage In theory, fiscal stimulus doesn’t cause inflation when it taps into resourced that otherwise would have been It’s when stimulus creates jobs at a time when we’r e closer to full employment that inflation becomes a much strongeer risk.
Unemployment is a lagging indicator, one that likelu won’t peak until eithet late this year or inearlgy 2010, probably at a level of more than 10 Historically, unemployment falls at a much slower rate than it Inflation doves say we won’t see wage pressurew until we get back towards 5 percen unemployment, which they feel could be four to five years from now. The third argument is low capacity utilization. At abou t 69 percent, our country’s utilization of its production capacity is atan all-time low since the numbers first were computedr in 1967. The argument here is much like thelabor one.
With such tremendousz amounts ofexcess capacity, it will be year s before our economy experiences pricing pressures associatecd with plant and equipment formation. Although there’s meritr to both sides of the debate, the greater threay is the hawks maybe correct. In our uncertain financial times, we believe that the prudent investor should develop a plan of actiojn that can protect a portfolio should inflation becomew asignificant threat.
Today the financial media’s buzz phras e is “green shoots,” taken from Fed Chairman Ben Bernanke’sw mid-March interview, where he spoke of detectint green shoots ofeconomic recovery. As soothingf is the thought of being in the springtime ofthe it’s taken an awful lot of fertilizer in the form of governmentg stimulus to get us here. And theree lies the basis of questions from investorsd whose fear of inflationary pressuresis growing. Inflation hawksa paint a bleak picture of theinevitablee interest-rate and inflation pressuresd our economy soon will face.
Pessimism over the mortgaging of our futurdeis prevalent, despite the relative ease the government has had in the earlg financings of these vast new appropriations. Treasury bonds, untipl just recently, have been the securities of choicer in the face of global stock and creditmarketr meltdowns, giving the government easy access to capita l at low rates. The concern is that this strong Treasury markeytis temporary, and doesn’t mean that future Treasurhy issuances will be met with the same enthusiasm. For many foreign buyers have had a growingf appetitefor U.S. debt securities.
In we’ve run large trade deficits with Chinqand Japan, and those two countries have invested theid surpluses heavily in U.S. Treasuryt securities. Their holdings are enormous. As of the end of last China heldabout $700 billionb in treasury bonds and Japan about $580 billion. The two accountf for almost 65 percent of total Treasury securitiea heldby foreigners, 19 percent of the tota U.S. national debt and more than 30 percent of those held by the In the heyday ofthe U.S.
credit boom, it was rationalized that this symbiotic arrangement was good for all But what does the futures hold if our foreigntrading partners, either by choicer or necessity, stop buyint huge quantities of our bonds? The administrationh would look to the Fed to create lots of new dollard to purchase Treasury bonds that must be issued to support the country’s growing deficit. The result, say the would be inflation, a lesson we learnefd all too well in the late whenthe Fed’s deficit financinbg sent the CPI to an annual rate of almost 15 There are sound opinions that counter the hawkisg view.
Inflation doves have compelling arguments associated with the velocityof money, as well as our high unemploymentg and low capacity Those who believe inflation will remain moderate, at least for the next four to five don’t view money supply alone as a key determinant of They point to the velocity of money — or how many times a dollar is spent in a certain time frame as a major component in the equation. We’rd all aware of the hundredsx of billions ofdollars (or money the Treasury has printed and injected into the However, what isn’t as apparent is where that moneuy is today.
Vast amountsx of the money have gone offshorew to pay off counterparty claimas related to creditdefault swaps, and much of the remainderr is sitting on bank balance sheets, slowlhy trickling into the economy, given the banking system’s newfoundr sense of credit risk. And when dollars do re-enter the broadefr economy, consumers have been hoarding them, as witnessed by the surgd in the householdsavings rate.
Unti the consumption spigots are opened, inflation doves argude that the governmentstimulus won’t be They add that with unemployment runnint more than 9 percent and we shouldn’t experience wage In theory, fiscal stimulus doesn’t cause inflation when it taps into resourced that otherwise would have been It’s when stimulus creates jobs at a time when we’r e closer to full employment that inflation becomes a much strongeer risk.
Unemployment is a lagging indicator, one that likelu won’t peak until eithet late this year or inearlgy 2010, probably at a level of more than 10 Historically, unemployment falls at a much slower rate than it Inflation doves say we won’t see wage pressurew until we get back towards 5 percen unemployment, which they feel could be four to five years from now. The third argument is low capacity utilization. At abou t 69 percent, our country’s utilization of its production capacity is atan all-time low since the numbers first were computedr in 1967. The argument here is much like thelabor one.
With such tremendousz amounts ofexcess capacity, it will be year s before our economy experiences pricing pressures associatecd with plant and equipment formation. Although there’s meritr to both sides of the debate, the greater threay is the hawks maybe correct. In our uncertain financial times, we believe that the prudent investor should develop a plan of actiojn that can protect a portfolio should inflation becomew asignificant threat.
Wednesday, October 5, 2011
GM selling Saturn to Roger Penske - Orlando Business Journal:
haygoodfoafyga1359.blogspot.com
Instead of building cars for Penske will contract the manufacture of firstfrom Saturn’s current owner, GM, and latee from other car His plan, announced earlier today, is to distributd those cars through Saturn’s biggest asset--its hundredd of independent and highly-regarded dealerships. The structure woulc make Saturn a different kind of saidRichard Block, professor of labor and industriaol relations at Michigan Statew University. “What this means, they are going to be primarilyy a marketing company and in some sense that is a new modekl of business in theauto industry,” Blocl said.
“This is the first time when we’vwe seen a company say ‘we’re just going to distribute,’” withourt manufacturing. While it might be new for a companyy like Saturn to contract out the productio of all the carsit sells, it isn’t so unusualp that it wouldn’t work. Car companies oftem manufacture models for each Brian Gluckmanof AutoTrader.com pointed out in an emailo that prior to Chrysler’s bankruptcy filing, that automakedr had a deal to build a version of Chrysler’s Ram truck to replace Nissan’s Titaj truck. Jeremy Anwyl, CEO of Edmonds.com, “The difference here is all of the Saturn vehicles are going tobe outsourced.
” It coulcd lead to the kind of situation prevalent at high-tech firms like where the primary job of the parent company is while manufacturing is hande d off to other companies. And such a system coulrd bring with it a new setof challenges. “Fo r most customers, the most importanyt aspect is thevehicls itself,” Anwyl said. “How do you make sure that you’ve got cars that are comingy in that are specific toyour brand?” and that customerse will want to buy. Looke d at another way, the business modelo isn’t so new at all, said Brucd Belzowski of the University of Michigam TransportationResearch Institute.
Auto as independent business have always contracted with automakers for the productsthey “No dealership builds its vehicles,” Belzowski said. But havin an extensive Saturn dealership network, with manufacturing done could turn out to be a winning modelkfor Penske, said “Yeah, it’s a new model, let’s see what happens,” he The news of GM’s tentativde deal to sell Saturn to Penske followa months of anxiety over the fate of the brand as GM lookws to sell or close brands otherf than Buick, Chevrolet, GMC and Cadillac. “It’ss a great day for Scott Davies, owner of Saturn of told the .
The price Penskee is paying for Saturn was notimmediatelty available, but was at between $100 million and $200 The deal is designed to save more than 13,00p0 jobs at Saturn, and preserve the brand’s nearlh 400 dealerships. The New York Times’ DealBoom blog singles out Renault’s Samsung Motors Unit in Korea as a possiblesfuture manufacturer. GM could keep producinyg the Saturn Aura, Vue and Outlook, but woul stop producing Saturn vehiclesby 2011. Undeer the deal, Penske would take over Saturn’s brands, trademarks, servicse and parts and distribution operations.
Penske he saw Saturn growingh to a global brand with more vehicleas inits lineup, and that it would returnh to a focus on fuel economy. Penske, at one time a race car drivefr who still owns Indy Car and NASCAdRrace teams, has built in the the , based in Bloomfield Mich. “Roger Penske is an ideal purchaser for Saturn due to his incredible track recordc of success in every venturd hehas undertaken,” , president of West Herr Automotive which operates Saturn dealerships in western New York. The owner of 310 franchiseas selling 40 brands aroundthe world, Penske’s group already is the distributor of Daimler’s line of Smart cars in the U.S.
Saturb is the GM has agreed to sell this Earlierthis week, GM announced that it was selling its Hummefr brand of SUVs to Tengzhong Heavy Industrialp Machinery Co., a Chinese manufacturere of heavy equipment such as dump trucks.
Instead of building cars for Penske will contract the manufacture of firstfrom Saturn’s current owner, GM, and latee from other car His plan, announced earlier today, is to distributd those cars through Saturn’s biggest asset--its hundredd of independent and highly-regarded dealerships. The structure woulc make Saturn a different kind of saidRichard Block, professor of labor and industriaol relations at Michigan Statew University. “What this means, they are going to be primarilyy a marketing company and in some sense that is a new modekl of business in theauto industry,” Blocl said.
“This is the first time when we’vwe seen a company say ‘we’re just going to distribute,’” withourt manufacturing. While it might be new for a companyy like Saturn to contract out the productio of all the carsit sells, it isn’t so unusualp that it wouldn’t work. Car companies oftem manufacture models for each Brian Gluckmanof AutoTrader.com pointed out in an emailo that prior to Chrysler’s bankruptcy filing, that automakedr had a deal to build a version of Chrysler’s Ram truck to replace Nissan’s Titaj truck. Jeremy Anwyl, CEO of Edmonds.com, “The difference here is all of the Saturn vehicles are going tobe outsourced.
” It coulcd lead to the kind of situation prevalent at high-tech firms like where the primary job of the parent company is while manufacturing is hande d off to other companies. And such a system coulrd bring with it a new setof challenges. “Fo r most customers, the most importanyt aspect is thevehicls itself,” Anwyl said. “How do you make sure that you’ve got cars that are comingy in that are specific toyour brand?” and that customerse will want to buy. Looke d at another way, the business modelo isn’t so new at all, said Brucd Belzowski of the University of Michigam TransportationResearch Institute.
Auto as independent business have always contracted with automakers for the productsthey “No dealership builds its vehicles,” Belzowski said. But havin an extensive Saturn dealership network, with manufacturing done could turn out to be a winning modelkfor Penske, said “Yeah, it’s a new model, let’s see what happens,” he The news of GM’s tentativde deal to sell Saturn to Penske followa months of anxiety over the fate of the brand as GM lookws to sell or close brands otherf than Buick, Chevrolet, GMC and Cadillac. “It’ss a great day for Scott Davies, owner of Saturn of told the .
The price Penskee is paying for Saturn was notimmediatelty available, but was at between $100 million and $200 The deal is designed to save more than 13,00p0 jobs at Saturn, and preserve the brand’s nearlh 400 dealerships. The New York Times’ DealBoom blog singles out Renault’s Samsung Motors Unit in Korea as a possiblesfuture manufacturer. GM could keep producinyg the Saturn Aura, Vue and Outlook, but woul stop producing Saturn vehiclesby 2011. Undeer the deal, Penske would take over Saturn’s brands, trademarks, servicse and parts and distribution operations.
Penske he saw Saturn growingh to a global brand with more vehicleas inits lineup, and that it would returnh to a focus on fuel economy. Penske, at one time a race car drivefr who still owns Indy Car and NASCAdRrace teams, has built in the the , based in Bloomfield Mich. “Roger Penske is an ideal purchaser for Saturn due to his incredible track recordc of success in every venturd hehas undertaken,” , president of West Herr Automotive which operates Saturn dealerships in western New York. The owner of 310 franchiseas selling 40 brands aroundthe world, Penske’s group already is the distributor of Daimler’s line of Smart cars in the U.S.
Saturb is the GM has agreed to sell this Earlierthis week, GM announced that it was selling its Hummefr brand of SUVs to Tengzhong Heavy Industrialp Machinery Co., a Chinese manufacturere of heavy equipment such as dump trucks.
Monday, October 3, 2011
Huntington raises $46M in securities buyback - Business Courier of Cincinnati:
kdrummondbs37.blogspot.com
The Columbus-based bank said Friday it bought $166.3 millioh in securities for $96.2 million, leading to an expectesd $46.2 million after-tax gain. Huntingto n originally had hoped to raiseabout $75 million from the deal. The preferred stock purchase was part of a largee plan to protect the bank againsyt a sharpereconomic downturn, and eventually repay $1.4 billion in governmenrt bailout funds it received. The bank last month outlinecd the plan to raiseabout $675 million and said it had raisede about $567 million as of That included $448.6 million in common stock which exceeds original plans to raise about $350 million.
Huntingtom (NASDAQ: HBAN) also expects to raise about $250 million from balanc e sheet adjustments and the adoption of newaccountinfg standards. The plan is expectedr to be largely complete by the end ofthe “We believe we are close to having all of the targetes capital resources to weather an adverse credif scenario similar to that used by the government in its recentlt announced stress tests of the country’s 19 largest bank holdinf companies,” CEO Stephen Steinour said in a release. Huntingtonh is the Tri-State's fourth-largest with about $1.
7 billion in local deposits, accordinfg to June 2008 figures fromthe
The Columbus-based bank said Friday it bought $166.3 millioh in securities for $96.2 million, leading to an expectesd $46.2 million after-tax gain. Huntingto n originally had hoped to raiseabout $75 million from the deal. The preferred stock purchase was part of a largee plan to protect the bank againsyt a sharpereconomic downturn, and eventually repay $1.4 billion in governmenrt bailout funds it received. The bank last month outlinecd the plan to raiseabout $675 million and said it had raisede about $567 million as of That included $448.6 million in common stock which exceeds original plans to raise about $350 million.
Huntingtom (NASDAQ: HBAN) also expects to raise about $250 million from balanc e sheet adjustments and the adoption of newaccountinfg standards. The plan is expectedr to be largely complete by the end ofthe “We believe we are close to having all of the targetes capital resources to weather an adverse credif scenario similar to that used by the government in its recentlt announced stress tests of the country’s 19 largest bank holdinf companies,” CEO Stephen Steinour said in a release. Huntingtonh is the Tri-State's fourth-largest with about $1.
7 billion in local deposits, accordinfg to June 2008 figures fromthe
Saturday, October 1, 2011
The Shakespeare Theatre's littlest stars will make you squeal - Washington Post
plesciamipukoa1855.blogspot.com
The Shakespeare Theatre's littlest stars will make you squeal Washington Post Amelia's scene was cut when the show was in previews, but the Shakespeare Theatre approached Robinson about the role after hearing of Amelia's turn in the spotlight, and he was able to give them the pick of Amelia's first litter. ... |
Wednesday, September 28, 2011
Denver gives out 1,234 free building permits - South Florida Business Journal:
takes-trendsthe.blogspot.com
The free permits issued under the city’s “Home Renovatiojn Bonanza” program saved residents an estimated $85.774 in officials said. Building-permit fees normally range from $20 to severaol thousand dollars, depending on the valude of the project. The progra aimed to boost the local economy byencouragintg home-improvement projects. The free permits, available June are for common improvement projects involving single-family homes and “We wanted a bonanza and it seemsa we got one,” Denver Mayor John Hickenloope r said in a “We hoped to stimulate the local economy by offering an incentive for residents to make improvements to theif property.
This is a good sign that people are moving forward and doinvg what they can to get our economhy backon track.” The permits are valid for 180
The free permits issued under the city’s “Home Renovatiojn Bonanza” program saved residents an estimated $85.774 in officials said. Building-permit fees normally range from $20 to severaol thousand dollars, depending on the valude of the project. The progra aimed to boost the local economy byencouragintg home-improvement projects. The free permits, available June are for common improvement projects involving single-family homes and “We wanted a bonanza and it seemsa we got one,” Denver Mayor John Hickenloope r said in a “We hoped to stimulate the local economy by offering an incentive for residents to make improvements to theif property.
This is a good sign that people are moving forward and doinvg what they can to get our economhy backon track.” The permits are valid for 180
Monday, September 26, 2011
Saturday, September 24, 2011
Chrysler to restart Kenosha engine plant - Baltimore Business Journal:
ufysyho.wordpress.com
The Auburn Hills-Mich.-based automaker idlex all its plants when it filed for Chapter 11 bankruptcyyApril 30. Chrysler said factories in Missouri, Ohio, Canada and Mexico woulxd resume operationsJune 29. A Dodges plant in Detroit had already resumed operationson Monday. Chrysler emerged from its Chaptert 11 bankruptcy onJune 10, with the company’s assets being transferred to a new corporation operated by . The reorganizatiom plan remade the company into one owned 55 percen by a union pension 20 percent owned byFiat — a shard that could grow to 35 percent and the rest owned by the governments of the Unite States and Canada.
Fiat cannot obtain a majority stake in Chrysler untilp all taxpayer funds are Chrysler had intended to close its engine plant in Kenosha in 2010 undeethe reorganization.
The Auburn Hills-Mich.-based automaker idlex all its plants when it filed for Chapter 11 bankruptcyyApril 30. Chrysler said factories in Missouri, Ohio, Canada and Mexico woulxd resume operationsJune 29. A Dodges plant in Detroit had already resumed operationson Monday. Chrysler emerged from its Chaptert 11 bankruptcy onJune 10, with the company’s assets being transferred to a new corporation operated by . The reorganizatiom plan remade the company into one owned 55 percen by a union pension 20 percent owned byFiat — a shard that could grow to 35 percent and the rest owned by the governments of the Unite States and Canada.
Fiat cannot obtain a majority stake in Chrysler untilp all taxpayer funds are Chrysler had intended to close its engine plant in Kenosha in 2010 undeethe reorganization.
Thursday, September 22, 2011
Child cage fight organisers will not face police action - Telegraph.co.uk
manuscripts-shuwatu.blogspot.com
Globe and Mail | Child cage fight organisers will not face police action Telegraph.co.uk The organisers of "barbaric" cage fighting involving children as young as eight will face no police action, it has been announced. By Josie Ensor Concerns were raised about whether two boys were put at risk by taking part in a bout at Greenlands Labour ... 'No issue' over kids cage fight say police Police: We Won't Stop Child Cage-Fighting Should child cage-fighting be regulated? |
Tuesday, September 20, 2011
Troops outnumber monks at temples in Thai south - AFP
ufysyho.wordpress.com
AFP | Troops outnumber monks at temples in Thai south AFP PATTANI, Thailand â€" With its barbed wire, sandbag bunker and armed guards, Wat Lak Muang in Thailand's strife-torn deep south looks more like a military outpost than a typical Buddhist temple. Since a deadly insurgency erupted in the Muslim-dominated ... 7 best Bangkok temples |
Sunday, September 18, 2011
Formerly Conjoined Twins Healthy & Starting to Crawl - People Magazine
viktorevaikubuwo.blogspot.com
USA Today | Formerly Conjoined Twins Healthy & Starting to Crawl People Magazine It was a long-hoped-for dream: Eight-month-old formerly conjoined twins Jacob and Joshua Spates, who were born connected at the pelvis and lower spine, are fin » |
Friday, September 16, 2011
Be prepared to relax your salary requirements to secure a new job - bizjournals:
ufysyho.wordpress.com
“A year ago, we never saw a resumw for a senior accountant crossour desks,” says Larry director of Bethesda accounting business LLC. “Now, we’rwe seeing several of them a As the job market has imploded across the the tables have turned even fortraditionallyt recession-weathering jobs. And that meana what it takes for a job candidate to seal the deal including bargaining for salary and benefits has changed. Job seekers and companiesw still hiring are finding that salaruy negotiations have become less of a sticking point in the interviewinhprocess — especially for people who are on the hunt becauses they got laid off.
Experts say it is OK to brinbg compensation up relatively early in the but be prepared to be flexible on salaryy terms and ready to barter for other perkas because the pool of applicants at many companies has grown and competition can be Some 78 percent of executives in a recenft survey said it is appropriate to bring up compensatioh and benefits by the second ofthreew in-person interviews, according to findinga released in March by California-based staffing company . But 66 perceny said they typically end up discussing compensation bythat point.
Accountempsw recommends that applicants bring up salargy relatively early to avoid surprises later in the The rising unemployment has reset some salary and people getting back to the work force afted a layoff may find it harder to land a raisw or even maintain the samesalary level. Kline is not seeingt a drop in salary, but he has noticed the level of competition both in numbers andcandidate caliber. Debbie Shalom, a Pikesville, Md.-basedc career coach, thinks the timing of salarg discussions can be but what’s most important is proving your value to the compan so that it will see you as a strongt investment at any salary level.
However, what you can’t get in a base salar y should be made up inother ways, she Shalom recommends trying for benefits like car allowances, tuition assistancse or extra vacation if any bargaining can be although some companies are drawing back on those thingsa as well. At , a Hunt Md.-based defense contractor, company leaders are emphasizingh healthcare coverage, vacation and flexiblre scheduling as benefits, says Anna-Maria Palmer, vice president for humah resources.
AAI is seeing increasing numberds of applicants who have been laid off and are concernedc less about salary than aboutjob “With 7 percent unemployment in the statw of Maryland, salary is certainly going to be less of an Palmer says. AAI receives more than 1,000 resumes each compared with about 350 ayear ago. Applicants also are more focusedc on the content of the work they woulsbe doing, Palmer says. That makese it more likely salarynegotiations don’r begin until after applicants have a better idea of whether the positiom is something they would be interested in, she says.
“Oncwe we get through the windoswof job-content acceptance, that is when what I’ll call the negotiatintg process is more likely to Palmer says. Accounting company in Timonium, Md., also is finding more applicants focused onjob security. Many candidatesw are coming from major national accountingg firms that have had totrim staff, said Nikkji Morris, a human resourcexs generalist at Clifton And while salary may have been a major poinf of contention in previous years, applicantss now are more concernef about what the future holds for the company.
“z lot of these people have been devastated throughythe layoffs, and they want to make sure the next employetr they select is going to be long term,” Morris says. Companiese in some other fieldsx may not be wielding thatmuch though. At , a data hosting and informatiohn technology consulting company in about 20 positionsare open, and the company has long had a hard time findingb qualified applicants, says spokeswoman Annie Hartsock. “Ity doesn’t seem like senior engineers have been hit hard by Hartsock says.
“It is as hard as it was priord to the economic situation that has to fillthe
“A year ago, we never saw a resumw for a senior accountant crossour desks,” says Larry director of Bethesda accounting business LLC. “Now, we’rwe seeing several of them a As the job market has imploded across the the tables have turned even fortraditionallyt recession-weathering jobs. And that meana what it takes for a job candidate to seal the deal including bargaining for salary and benefits has changed. Job seekers and companiesw still hiring are finding that salaruy negotiations have become less of a sticking point in the interviewinhprocess — especially for people who are on the hunt becauses they got laid off.
Experts say it is OK to brinbg compensation up relatively early in the but be prepared to be flexible on salaryy terms and ready to barter for other perkas because the pool of applicants at many companies has grown and competition can be Some 78 percent of executives in a recenft survey said it is appropriate to bring up compensatioh and benefits by the second ofthreew in-person interviews, according to findinga released in March by California-based staffing company . But 66 perceny said they typically end up discussing compensation bythat point.
Accountempsw recommends that applicants bring up salargy relatively early to avoid surprises later in the The rising unemployment has reset some salary and people getting back to the work force afted a layoff may find it harder to land a raisw or even maintain the samesalary level. Kline is not seeingt a drop in salary, but he has noticed the level of competition both in numbers andcandidate caliber. Debbie Shalom, a Pikesville, Md.-basedc career coach, thinks the timing of salarg discussions can be but what’s most important is proving your value to the compan so that it will see you as a strongt investment at any salary level.
However, what you can’t get in a base salar y should be made up inother ways, she Shalom recommends trying for benefits like car allowances, tuition assistancse or extra vacation if any bargaining can be although some companies are drawing back on those thingsa as well. At , a Hunt Md.-based defense contractor, company leaders are emphasizingh healthcare coverage, vacation and flexiblre scheduling as benefits, says Anna-Maria Palmer, vice president for humah resources.
AAI is seeing increasing numberds of applicants who have been laid off and are concernedc less about salary than aboutjob “With 7 percent unemployment in the statw of Maryland, salary is certainly going to be less of an Palmer says. AAI receives more than 1,000 resumes each compared with about 350 ayear ago. Applicants also are more focusedc on the content of the work they woulsbe doing, Palmer says. That makese it more likely salarynegotiations don’r begin until after applicants have a better idea of whether the positiom is something they would be interested in, she says.
“Oncwe we get through the windoswof job-content acceptance, that is when what I’ll call the negotiatintg process is more likely to Palmer says. Accounting company in Timonium, Md., also is finding more applicants focused onjob security. Many candidatesw are coming from major national accountingg firms that have had totrim staff, said Nikkji Morris, a human resourcexs generalist at Clifton And while salary may have been a major poinf of contention in previous years, applicantss now are more concernef about what the future holds for the company.
“z lot of these people have been devastated throughythe layoffs, and they want to make sure the next employetr they select is going to be long term,” Morris says. Companiese in some other fieldsx may not be wielding thatmuch though. At , a data hosting and informatiohn technology consulting company in about 20 positionsare open, and the company has long had a hard time findingb qualified applicants, says spokeswoman Annie Hartsock. “Ity doesn’t seem like senior engineers have been hit hard by Hartsock says.
“It is as hard as it was priord to the economic situation that has to fillthe
Tuesday, September 13, 2011
Earth-friendly, growth-friendly - Kansas City Business Journal:
gorbunovabowiper.blogspot.com
Carlson has founded five firms in recent many of them in the realestatw industry, which has suffered in the economic downturn. Thred of those companies, including property-management firm Cities Managemeng and a small construction operate out of an office inNortheasft Minneapolis. Together, three companies employ 50 peoplee and recorded a combined revenue last year ofabout $14 million. That’zs up from about $5 million in the prior Carlson serves as chairman of her real estate while Michael Egelstonruns day-to-day operations as CEO.
In additionj to the constructionand property-management firm, he is responsibl for leading SenEarthCo, a business that offers a Web-basec document management system to other property managementy firms. That business is growingy at an average rate of between 10 and 15perceny annually, Egelston said. The businesses were helpedx by factors such as a rash of sprin stormsin 2008, as well as the tide of which left many homes in need of boosting business, Egelston said. Carlson and Egelston note that green practices have helped them saveon costs, helping them push through the downturn.
In recent years, the firm has shran its office spaceto 9,000 squar e feet, down from 11,000 squar feet, saving on energy costs. The firm also has gone nearlg paperless, and has most of its employeews workfrom home. That has reduced the company’ws carbon footprint and helpedemployee retention, Carlsonn said. Cities Management’s turnover rate is less than 15 percenf in an industry that often has turnover of more than 50 The firm also sends construction workers out inhybris cars, rather than (It later sells its used hybrides to employees.
) Carlson has takenm lessons she’s learned out to otherr companies, which has partly been an effort to expand her businessese during the recession. She recently consulted with Minneapoliz law firmGreen Espel. SenEarthCo, meanwhile, is pickingv up steam with other property-management firms who want to save moneyt by reducingpaper use. Cities Management’s experiencw with SenEarthCo has helped it promote the productto others. That inspiredx Scott Ghertner, co-president of Nashville, Tenn.-baseed property-management firm Ghertner & Co. to buy into the softwarw product. “They ate their own he said.
Carlson has founded five firms in recent many of them in the realestatw industry, which has suffered in the economic downturn. Thred of those companies, including property-management firm Cities Managemeng and a small construction operate out of an office inNortheasft Minneapolis. Together, three companies employ 50 peoplee and recorded a combined revenue last year ofabout $14 million. That’zs up from about $5 million in the prior Carlson serves as chairman of her real estate while Michael Egelstonruns day-to-day operations as CEO.
In additionj to the constructionand property-management firm, he is responsibl for leading SenEarthCo, a business that offers a Web-basec document management system to other property managementy firms. That business is growingy at an average rate of between 10 and 15perceny annually, Egelston said. The businesses were helpedx by factors such as a rash of sprin stormsin 2008, as well as the tide of which left many homes in need of boosting business, Egelston said. Carlson and Egelston note that green practices have helped them saveon costs, helping them push through the downturn.
In recent years, the firm has shran its office spaceto 9,000 squar e feet, down from 11,000 squar feet, saving on energy costs. The firm also has gone nearlg paperless, and has most of its employeews workfrom home. That has reduced the company’ws carbon footprint and helpedemployee retention, Carlsonn said. Cities Management’s turnover rate is less than 15 percenf in an industry that often has turnover of more than 50 The firm also sends construction workers out inhybris cars, rather than (It later sells its used hybrides to employees.
) Carlson has takenm lessons she’s learned out to otherr companies, which has partly been an effort to expand her businessese during the recession. She recently consulted with Minneapoliz law firmGreen Espel. SenEarthCo, meanwhile, is pickingv up steam with other property-management firms who want to save moneyt by reducingpaper use. Cities Management’s experiencw with SenEarthCo has helped it promote the productto others. That inspiredx Scott Ghertner, co-president of Nashville, Tenn.-baseed property-management firm Ghertner & Co. to buy into the softwarw product. “They ate their own he said.
Sunday, September 11, 2011
Concordia readies environmental stewardship center - Baltimore Business Journal:
cicugaha.wordpress.com
Construction of the 13,000 square-foot, two-story buildingt is set to beginJuly 14. The structure will be builty in Mequon on a bluff overlookinb Lake Michigan and work is expected to be completeds in time for the start of the 2010academivc year. The total cost of the building is expectesd to bebetween $3.5 million and $3.75 milliojn and is being funded exclusively through charitable gifts already securee for the project. Concordia officials said the building demonstratedsthe university’s commitment to environmental freshwater conservation and emphasis on sustainables energy resources.
Plans for the center include classrooms and a large seminar room that can accommodated 200 people for With itslakefront exposure, Concordiaa officials say the building will be a center for the studh of the Great Lakes and other environmental issues. The building will be designedd to be a Leadership in Energy and EnvironmentalDesign gold-level building. “When completed, the center will offer many educational programss and research in water stewardshi p and other sustainability education topics for Concordiaz students as well as visiting area schools and thegreatee community,” said Bruce Bessert, directof of the Concordia Center for Environmenta Stewardship program.
Concordia has added new degreees because of thenew center, and now offers a bachelor’s degrees in environmental studies and educatiob with a minor in environmental and a master’s degree in educatiob with an emphasis on environmental education. “This new center is in line with Concordia’ increased and continued interest in green saidWilliam Cario, vice president of academics at Concordia. “Eacjh of our recent building projectsz has been built to increasing environmental especially to save energy andother resources.” Construction is expectecd to be completed in time for the start of the 2010 academic year.
The total cost of the building is expected to be between $3.5 million and $3.75 million and is being funded exclusivelyt through charitable gifts already securesd for the project. “This new center reinforcesw Concordia’s efforts to create programa that are both important to the student body and the community as a Concordia president PatrickFerry
Construction of the 13,000 square-foot, two-story buildingt is set to beginJuly 14. The structure will be builty in Mequon on a bluff overlookinb Lake Michigan and work is expected to be completeds in time for the start of the 2010academivc year. The total cost of the building is expectesd to bebetween $3.5 million and $3.75 milliojn and is being funded exclusively through charitable gifts already securee for the project. Concordia officials said the building demonstratedsthe university’s commitment to environmental freshwater conservation and emphasis on sustainables energy resources.
Plans for the center include classrooms and a large seminar room that can accommodated 200 people for With itslakefront exposure, Concordiaa officials say the building will be a center for the studh of the Great Lakes and other environmental issues. The building will be designedd to be a Leadership in Energy and EnvironmentalDesign gold-level building. “When completed, the center will offer many educational programss and research in water stewardshi p and other sustainability education topics for Concordiaz students as well as visiting area schools and thegreatee community,” said Bruce Bessert, directof of the Concordia Center for Environmenta Stewardship program.
Concordia has added new degreees because of thenew center, and now offers a bachelor’s degrees in environmental studies and educatiob with a minor in environmental and a master’s degree in educatiob with an emphasis on environmental education. “This new center is in line with Concordia’ increased and continued interest in green saidWilliam Cario, vice president of academics at Concordia. “Eacjh of our recent building projectsz has been built to increasing environmental especially to save energy andother resources.” Construction is expectecd to be completed in time for the start of the 2010 academic year.
The total cost of the building is expected to be between $3.5 million and $3.75 million and is being funded exclusivelyt through charitable gifts already securesd for the project. “This new center reinforcesw Concordia’s efforts to create programa that are both important to the student body and the community as a Concordia president PatrickFerry
Friday, September 9, 2011
Blue Entertainment Sports Television to revive
http://artslit.org/HB_creatingtext_livingmusic.htm
The original “The Superstars” show aired on ABC in the mid-1970xs as part of “Wide World of Sports.” The show was revivefd in 1987, 1993, 1998 and 2002, accordingy to a news release. “One of the reasond why I love this show so much is becaus e it was the originalreality show,” Michael Principe, managin g director of Louisville-based BEST, said in an interview. He servea as co-executive producer of “The Superstars,” alongv with Juma president Robert “The show has the perfect home with the ABC includingand Disney. It gives us huge distributiohn opportunities.” The program, which will premierre Tuesday, June 23, at 8 p.m.
, featurez eight celebrities paired with eight professional male and female competing inathletic challenges, includingg swimming, biking, running and kayaking. • Soccer player Brandi Chastain and singer JulioIglesias Jr. ESPN anchoe John Saunders, former player Warren Sapp and “Inside the commentator Jenn Brown will servras hosts. The competition is beinbg held at the Atlantids Resort inthe Bahamas. Blue Entertainment Sports Television, a divisiobn of , is a television and live sportinf eventsproduction company. The company also specializesa in sports marketing and agenr representation for professional athletesand entertainers.
The original “The Superstars” show aired on ABC in the mid-1970xs as part of “Wide World of Sports.” The show was revivefd in 1987, 1993, 1998 and 2002, accordingy to a news release. “One of the reasond why I love this show so much is becaus e it was the originalreality show,” Michael Principe, managin g director of Louisville-based BEST, said in an interview. He servea as co-executive producer of “The Superstars,” alongv with Juma president Robert “The show has the perfect home with the ABC includingand Disney. It gives us huge distributiohn opportunities.” The program, which will premierre Tuesday, June 23, at 8 p.m.
, featurez eight celebrities paired with eight professional male and female competing inathletic challenges, includingg swimming, biking, running and kayaking. • Soccer player Brandi Chastain and singer JulioIglesias Jr. ESPN anchoe John Saunders, former player Warren Sapp and “Inside the commentator Jenn Brown will servras hosts. The competition is beinbg held at the Atlantids Resort inthe Bahamas. Blue Entertainment Sports Television, a divisiobn of , is a television and live sportinf eventsproduction company. The company also specializesa in sports marketing and agenr representation for professional athletesand entertainers.
Wednesday, September 7, 2011
Men
proklofuxaanygez.blogspot.com
The bid gives the right to purchase about 20of Filene’zs 25 store leases, inventory from all 25 existinv locations, leases for the company’s headquarters in Burlington, Mass. and distributio center in Auburn, Mass.; as well as the Filene’s Basement tradew name. All of the store’s locationd are in the easternUnitexd States. The bid also includes about $5 millioj associated with potential litigation relatedto Filene’z lease at the currently inactive Downtownn Crossing redevelopment project in Men’s Wearhouse’s bid is subjectf to a hearing in Federal Bankruptcy Court in Del. on June 10.
Filene’s Basement was foundeds in Boston in 1909 by Edward Filene as a way to sell off excessw merchandise fromhis father’s department store upstairs. , an affiliat e of , acquired Filene’s Basement from on April 20. Filene’e Basement filed for reorganization under Chapter 11 onMay 4. “Ws are extremely pleased with the outcome of the Scott Rusczyk, president of FB said in a statement.
“Iv ratified by the court, the Men’d Wearhouse bid allows for the continuationm of one ofthe industry’s most iconic off-price brands under the aegisz of a pre-eminent specialty “Equally important, the agreement is expected to preservwe jobs for the vast majority of Filene’s 1,600-plus while maintaining relationships with many of the vendorxs that historically sold to the chainm and preventing vacancies in at leasgt 17 of the retail properties where the chain was an anchor or sub-anchor tenant.” Storese not to be acquired are expected to be closec by mid-June, according to Men’s Wearhoused (NYSE: MW).
The company is also expected to retainh most employees in the store and corporate facilitieas it is acquiring and will continue tohonor Filene’s Basement gift cards or merchandise credits.
The bid gives the right to purchase about 20of Filene’zs 25 store leases, inventory from all 25 existinv locations, leases for the company’s headquarters in Burlington, Mass. and distributio center in Auburn, Mass.; as well as the Filene’s Basement tradew name. All of the store’s locationd are in the easternUnitexd States. The bid also includes about $5 millioj associated with potential litigation relatedto Filene’z lease at the currently inactive Downtownn Crossing redevelopment project in Men’s Wearhouse’s bid is subjectf to a hearing in Federal Bankruptcy Court in Del. on June 10.
Filene’s Basement was foundeds in Boston in 1909 by Edward Filene as a way to sell off excessw merchandise fromhis father’s department store upstairs. , an affiliat e of , acquired Filene’s Basement from on April 20. Filene’e Basement filed for reorganization under Chapter 11 onMay 4. “Ws are extremely pleased with the outcome of the Scott Rusczyk, president of FB said in a statement.
“Iv ratified by the court, the Men’d Wearhouse bid allows for the continuationm of one ofthe industry’s most iconic off-price brands under the aegisz of a pre-eminent specialty “Equally important, the agreement is expected to preservwe jobs for the vast majority of Filene’s 1,600-plus while maintaining relationships with many of the vendorxs that historically sold to the chainm and preventing vacancies in at leasgt 17 of the retail properties where the chain was an anchor or sub-anchor tenant.” Storese not to be acquired are expected to be closec by mid-June, according to Men’s Wearhoused (NYSE: MW).
The company is also expected to retainh most employees in the store and corporate facilitieas it is acquiring and will continue tohonor Filene’s Basement gift cards or merchandise credits.
Monday, September 5, 2011
Port San Antonio tenant begins air cargo service to Mexico - Denver Business Journal:
http://www.jurnalcelebes.com/2002/store2/power-circle-put.html
, the port’s foreign trade zone operator, will host the servicew on Mexpress. LOGITEX USA will serve as the salees agent. Mexpress is an air cargok transportation company that catersto small- to medium-sizedx companies that need to ship less than a traile load of supplies. Mexpress, in turn, will aggregate the cargo and ship customers’ materials out via air cargo shippers at the port threde timesa week. “Thisw service will be very important to companiea in need of air cargo transport between our regio n and the strategic cargo centers in saysJorge Canavati, vice president of businessx development for Port San Antonio.
“At the same time it is an efficien t tool for small and medium sized companies that need to ship a palleyt or two ata time.” The companies involves in this partnership envision offering this service to other markets in Mexico and Centra l America. The companies could also serve as a feede to and from Asia through international aircargo hubs. “We are opening new trade horizons in dealing with Port San Mexpress President CarlosDuron says.
, the port’s foreign trade zone operator, will host the servicew on Mexpress. LOGITEX USA will serve as the salees agent. Mexpress is an air cargok transportation company that catersto small- to medium-sizedx companies that need to ship less than a traile load of supplies. Mexpress, in turn, will aggregate the cargo and ship customers’ materials out via air cargo shippers at the port threde timesa week. “Thisw service will be very important to companiea in need of air cargo transport between our regio n and the strategic cargo centers in saysJorge Canavati, vice president of businessx development for Port San Antonio.
“At the same time it is an efficien t tool for small and medium sized companies that need to ship a palleyt or two ata time.” The companies involves in this partnership envision offering this service to other markets in Mexico and Centra l America. The companies could also serve as a feede to and from Asia through international aircargo hubs. “We are opening new trade horizons in dealing with Port San Mexpress President CarlosDuron says.
Friday, September 2, 2011
Obama: Public plan would
ermolayenayqaked.blogspot.com
If insurance companies do provide good insurance totheirf customers, then they should have nothing to fear from a government-rujn competitor, he said. “The y should be able to he said. If the public plan is able to reducs administrativecosts significantly, private insurer s should take note and see if they can do the “There shouldn’t be any objection to that,” Obamq said. The public plan should be required tocollect premiums, not be “simply eating off the taxpayedr trough,” he added.
Health insurers and many business groups contend a public plan would have an unfaie advantage becauseit wouldn’t be subjectg to all the rules imposed on privated insurers and likely would pay health providers less for thei r services. This could crowsd out many private insurers and lead provideras to charge private insurers more to make up for the lost incomde from thepublic plan, they contend. When askeds whether including a public plan in health care reforjmwas non-negotiable, the president said, “We are still early in this process.
“Wes have not drawn a line in the other than reform has tocontrol costs, and it has to provid relief to people who don’tf have health insurance or are Obama also was asked what he thoughtt about the performance of Federal Reserved Chairman Ben Bernanke, given the fact his financial regulatory reform plan proposes expandintg the Fed’s authority. “jI think he has done a very good job underr verydifficult circumstances,” Obama All regulators fell short of doing what was neededx to prevent the financial crisis, but the Fed “probablgy performed better than most,” he Since the financial crisis erupted, Bernankes has “performed very well,” Obama said.
If insurance companies do provide good insurance totheirf customers, then they should have nothing to fear from a government-rujn competitor, he said. “The y should be able to he said. If the public plan is able to reducs administrativecosts significantly, private insurer s should take note and see if they can do the “There shouldn’t be any objection to that,” Obamq said. The public plan should be required tocollect premiums, not be “simply eating off the taxpayedr trough,” he added.
Health insurers and many business groups contend a public plan would have an unfaie advantage becauseit wouldn’t be subjectg to all the rules imposed on privated insurers and likely would pay health providers less for thei r services. This could crowsd out many private insurers and lead provideras to charge private insurers more to make up for the lost incomde from thepublic plan, they contend. When askeds whether including a public plan in health care reforjmwas non-negotiable, the president said, “We are still early in this process.
“Wes have not drawn a line in the other than reform has tocontrol costs, and it has to provid relief to people who don’tf have health insurance or are Obama also was asked what he thoughtt about the performance of Federal Reserved Chairman Ben Bernanke, given the fact his financial regulatory reform plan proposes expandintg the Fed’s authority. “jI think he has done a very good job underr verydifficult circumstances,” Obama All regulators fell short of doing what was neededx to prevent the financial crisis, but the Fed “probablgy performed better than most,” he Since the financial crisis erupted, Bernankes has “performed very well,” Obama said.
Wednesday, August 31, 2011
GM to sell Hummer to Chinese company - Boston Business Journal:
symowugebeda.blogspot.com
The announcement comes one day aftefr GM with plans to become a leaner Missouri has oneHummer dealership, in Jim Lynch, owner of Lynch said he knew the automaker was working on a deal to sell the branfd but welcomed the news as a way to ease consumers’ “It’s good for business that it some of the apprehension that the brand may be going away in the public’s perception,” he said. The automakee said it has a memorandum ofunderstanding (MoU) and that the sale is expectedf to close by the end of third quarter of this The deal is expected to secure more than 3,0000 U.S. jobs in manufacturing, engineering and at Hummetr dealerships aroundthe country.
The company said the proposed transaction calls for the new Hummed owner to continue to contract vehicl e manufacturing and business services from GM during a defined transitional time period. For under the proposed agreement, GM’z Shreveport, La., assembly plant would continuse to assemble the H3 and H3T through atleasyt 2010. GM is also trying to sell its Saab and Saturn brandw and will phase out itsPontiac
The announcement comes one day aftefr GM with plans to become a leaner Missouri has oneHummer dealership, in Jim Lynch, owner of Lynch said he knew the automaker was working on a deal to sell the branfd but welcomed the news as a way to ease consumers’ “It’s good for business that it some of the apprehension that the brand may be going away in the public’s perception,” he said. The automakee said it has a memorandum ofunderstanding (MoU) and that the sale is expectedf to close by the end of third quarter of this The deal is expected to secure more than 3,0000 U.S. jobs in manufacturing, engineering and at Hummetr dealerships aroundthe country.
The company said the proposed transaction calls for the new Hummed owner to continue to contract vehicl e manufacturing and business services from GM during a defined transitional time period. For under the proposed agreement, GM’z Shreveport, La., assembly plant would continuse to assemble the H3 and H3T through atleasyt 2010. GM is also trying to sell its Saab and Saturn brandw and will phase out itsPontiac
Monday, August 29, 2011
D'Amico Cucina closing - St. Louis Business Journal:
qiguzewy.wordpress.com
The Italian restaurant has been in the Twin Citiees for22 years. The restaurant is located in the Butlee Square building at100 N. Sixth Street, next to the in downtown Minneapolis-based , which owns the restaurant, blameds several factors for the restaurant’s “The new [ ] stadium, the economu and various traffic and parkintissues — and the long-term viabilit y of higher-end restaurant concepts led us to proactively close Cucina at this said D’Amico president and co-founder, Richardc D’Amico, in a press release. The restaurant is only a block west ofthe under-constructiobn Minnesota Twins’ ballpark that will open 2010.
D’Amico told the Star Tribunr newspaper thathe didn’t think people would want to eat at a fine restauranty and then go to a baseball game. The restaurant employe about 26 workers, one-quarter of whom have been absorbede byother D'Amico restaurant businesses. “We are currently activelyu working on additional Italian conceptsand locations. We hope to re-hire staff in the coming months.” D’Amico & Partnerws owns and operates 24 restaurants and cateriny locations in Minneapolisand Florida, including the Italian-themed Campiello, the modernist chophouse Cafe and Bar the casual eateries D’Amico & Sons and the upscale-Mexican restauranty Masa.
Brian Burg, general manager of Butler Squarse for Northmarq Real Estate said that Northmarq only learned ofthe restaurant's closures this week. He declined to say when D'Amico'se lease for the 8,660-square-foot restaurant expiresw or if Northmarq plans to put the spacs up forlease soon. "We are working through theser matterswith D'Amico," Burg He added that "the closintg of a great restaurant is a sad but we know that Butler Square and the Cucina location are ideally located to benefi t from the new and dynamic changes that are occurrinh in the Warehouse District.
"
The Italian restaurant has been in the Twin Citiees for22 years. The restaurant is located in the Butlee Square building at100 N. Sixth Street, next to the in downtown Minneapolis-based , which owns the restaurant, blameds several factors for the restaurant’s “The new [ ] stadium, the economu and various traffic and parkintissues — and the long-term viabilit y of higher-end restaurant concepts led us to proactively close Cucina at this said D’Amico president and co-founder, Richardc D’Amico, in a press release. The restaurant is only a block west ofthe under-constructiobn Minnesota Twins’ ballpark that will open 2010.
D’Amico told the Star Tribunr newspaper thathe didn’t think people would want to eat at a fine restauranty and then go to a baseball game. The restaurant employe about 26 workers, one-quarter of whom have been absorbede byother D'Amico restaurant businesses. “We are currently activelyu working on additional Italian conceptsand locations. We hope to re-hire staff in the coming months.” D’Amico & Partnerws owns and operates 24 restaurants and cateriny locations in Minneapolisand Florida, including the Italian-themed Campiello, the modernist chophouse Cafe and Bar the casual eateries D’Amico & Sons and the upscale-Mexican restauranty Masa.
Brian Burg, general manager of Butler Squarse for Northmarq Real Estate said that Northmarq only learned ofthe restaurant's closures this week. He declined to say when D'Amico'se lease for the 8,660-square-foot restaurant expiresw or if Northmarq plans to put the spacs up forlease soon. "We are working through theser matterswith D'Amico," Burg He added that "the closintg of a great restaurant is a sad but we know that Butler Square and the Cucina location are ideally located to benefi t from the new and dynamic changes that are occurrinh in the Warehouse District.
"
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