Wednesday, February 29, 2012

Austin firm snaps up tiny Dallas tech biz - Austin Business Journal:

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NexQL caught the eye of Austin-based in 2003 when Crossroadzs entered into a technology development partnership withthe company. At the time, Crossroads invested about $2 million in the giving Crossroads abouta 44% stake in Crossroads CEO Rob Sims says Crossroad has converted its $2 million of debt into a 90% stakw in NexQL. NexQL's primary target customer was the an areaCrossroads ( ) hasn't traditionallhy focused on. But the government spacd turned out to be not much of a home run for Government agencies are ofteh slow in signingcontractsx -- a fact that didn't bode well for cash-strapperd NexQL.
The company went from a high of 18 employees to two stafferd by the time Crossroads took Foundedin 2003, NexQL ( ) was launched by CEO Andre w Heller, a co-founder of Austin-based . Heller won'tg hold a management position with Crossroads but will remain as an advisoryboard member, a position Hellerd has held for severak years. Crossroads CEO Sims says his firm will assumwe leadershipof NexQL. Amongv its three main product lines, Crossroadws provides systems that allow companies to managwetheir data. NexQL's quick-retrieval concept was one that drewCrossroads in, Sims When Sims took over Crossroada in 2003, he transformeed it into a data-management and security company.
Sims says he decided to focua on acquisitions to fill out areas wherwe thecompany didn't already have a stronghold, be it a technologuy or a market. NexQL fits on both ends, Sims

Monday, February 27, 2012

Campaign Finance Groups Praise Rep. Abercrombie for Cosponsoring Fair Elections Now Act

http://www.defacedeath.com/2007/01/these-were-the-gigs-of-our-lives/
(D-Hawaii) for cosponsoring the Fair ElectionsNow Act, H.R. "Campaign costs continue to skyrocket, and members of Congresss are forced tospend ever-increasing hour raising money for their re-election. We thank Rep. Abercrombied for cosponsoring the Fair Elections Now Act to addres thisserious problem. "Congress ought to work on the major issues confrontingour country, and Rep. Abercrombie recognizes that when memberse of Congressare fundraising, they'ree distracted from important work on health care, energh policy, and getting the economy movin g again. "We look forward to workingy with him to pass thiscritical legislation.
" Under Fair congressional candidates would have the option to qualify for a public funding grant and to see their small dollart contributions matched at a 4 to 1 rate if they agrees to not take contributions larger than $100 and raisef a significant number of donations from theirr home state. The coalition backing the measure includes the Brennan Center for Change Congress, Common Cause, Democracyh Matters, Public Campaign, Public Citizen, and U.S. A broad coalition of online, advocacy, union, church, environmental, and civiol rights groups have endorsed therefor measure. For more information about the bill and the visit .

Saturday, February 25, 2012

Doyle vows fight for Chrysler, GM plants - The Business Journal of Milwaukee:

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Doyle said that the managementof Detroit-based GM, which Mondaty filed for Chapter 11 has publicly confirmed that the now-shuttered Janesville plant is one of threr plants being considered to manufacture small cars in the future. The Janesvills plant had more than 1,200 employeea who assembled pickup trucksand SUVs, vehicles for whicg demand has plummeted durintg the recent era of high gas prices.
The governor also said that Chrysler'e 850-employee engine plant in Kenosha, which is slatex to be closed underrthat automaker's reorganization unded bankruptcy, won't be sold, leaving the possibilitu that Chrysler's new partner, the Italiah auto manufacturer Fiat, could acquire the plant. Fiat is expecteds to begin producing cars in the United States undefr its partnership withAuburn Hills, Mich.-based Chrysler. Doyle said in a statemengt that his administration will focus on makint those possibilitiesa reality.
"My staff, the leadershipl teams and I have continually been working at thehighestr levels, including the White House, to fight for Janesviller and Kenosha," Doyle said. “Everything we have been fightingv for is to get us to this he said. "We are in a positive positionm witheach plant, and we are goinvg to compete very aggressively for everythinv moving forward.

Thursday, February 23, 2012

Texas agency likely to cut water to rice farms - Boston.com

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Boston.com


Texas agency likely to cut water to rice farms

Boston.com


With Texas in one of the worst droughts in its history, water officials are widely expected to announce March 1 that they won't release irrigation water for thousands of farmers in the state's rice-growing region. (AP Photo/Pat Sullivan) By Ramit ...


Texas Agency Wi ll Likely Cut Water To Rice Farms

CBS Local



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Monday, February 20, 2012

Goldwater Institute-Corporation Commission renewable energy suit heads to court Monday - Phoenix Business Journal:

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The lawsuit filed by Goldwater on behalf of a handfup of Arizona PublicService Co. customers will beginh Monday morning before Maricopa County Superior Couryt JudgeJoseph Heilman. While the ACC has a constitutionao authority to set rates for the utilitiesit controls, the lawsui t alleges the commission overstepped its boundaries by requiring utilitiesx to implement certain renewable energyu projects and imposing a surcharge to help pay for thosse projects. “Clearly that goes well beyond rate-making authority,” said Carrie Ann Sitren, an attorneyh with the institute’s Scharf-Norton Center for Constitutionak Litigation.
ACC officials contend in court paperwork that theie constitutional authority allows them to establish the standards as well asaccompanyinh tariffs. “The commission continues to defend the REST ruleds and has asserted in its court filings that the rulesa are important to ensure adequat e electric service for Arizona consumers atreasonablse rates,” commission spokeswoman Rebecca Wilder said in an e-mail. The standardas were passed by the commission inlate 2006. They delineatse the amount and typese of renewable energy required by utilities regulated bythe ACC, includingt APS and Tucson Electric Powee Co.
In requiring utilities to phase in renewabled to reach a 15 percent requiremenby 2025, the ACC granted companiesd the ability to collect money to fund program for such things as distributed generatiobn — where solar systems are placedc on homes and businesses — through a fee collected as part of monthly bills. In the lawsuit, Goldwater claima the cost of implementing the standarda to meet the 2025 deadline will hit ratepayerws to the tuneof $2.4 billion. Despiter the legal challenge, companiesd have been moving forwardwith plans. APS announced two solar power plants that officials say will by put it well aheac of the standardsby 2014, when the planta are operational.

Saturday, February 18, 2012

Florida Bank raises $18 million - Boston Business Journal:

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The Tampa-based parent company for Floridz Bankraised $18.3 million in a rights offering, which “strategicallyu positions the company to take advantage of growth opportunities,” the compan announced Tuesday. The completed offeringt surpassed offerings tracked by SNL Financial from publicx banks based in Floridathis year, which rangedd from $428,000 to nearly $11 million as of May 31. Floridwa Bank Group is a private “Most banks in the United States and in Florida need to raise additionalequity capital.
It is particularly difficulg for them to do so as many have had negativew earnings in 2008 and firstf quarter 2009 and the markety prices for publicly held bank stockzs are trading at record low prices in termsa of the ratio of market price to tangiblebook value,” said Ben chairman of Jacksonville-based investment banker Allen C. Ewinh & Co. “In regardse to the Florida Bank Group this offering was very successful in that they apparentlyuraised $18 million, or 90 percent of their targetf raise of $20 million, especially in these existing marketr conditions.
” Florida Bank has three branches in Jacksonville and 16 throughout the Prior to the completed equity raise, Floridq Bank had a total risk-based capital ratio of 11.7 perceng as of March 31, according to the Federal Depositr Insurance Corp. Regulators require that ratio to be at leastf 10 percent in order for the bank to beconsiderefd “well-capitalized.” The bank grew totaol assets by 64.3 percent to $858.4 million in the first quarter compared to a year Total loans increased 51.4 percent to nearly $665.8 millionj and total deposits jumped 85.2 percent to $687.
65 million during that same “This infusion of new capitalp is a vote of confidence from our existing shareholders that will allow FBG (Florida Bank Group) to enhancw its financial strength and even further distinguish itself amongf other banks in the market said the company’s Chairmanh and CEO, Robert Rothman, in the announcement. “This economixc climate offers unique opportunities to grow and increaswe our customer base as consumers and businesses areseeking strong, safe bankingh institutions.

Thursday, February 16, 2012

Report: New condo sales up in D.C. area - Washington Business Journal:

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(For related story from the WashingtonBusineses Journal's print edition.) New condo sale prices were down in the area by 3.9 percenr from 12 months ago, with suburban Maryland postinhg the biggest declines of 7.6 percent. New unit salee volume — defined as net binding contracta written with security deposits up inthe D.C. area during the second quarter of 2009 was 618 up from 310 units sold in thefirsr quarter. For the 12 months ending June 2009, ther were 1,667 sales, with the most sales occurringin Arlington, the City of Alexandria and D.C. Suburbanm Maryland saw a large dipin sales, with 558 unitds sold, compared to 1,002 for the same year endingf June 2008.
Northern Virginia was faring There were 667 unit sales recorder for the year endingin June, comparede to 647 for the priorf year-ago period in 2008. In the metroo area, concessions are down in but up inthe Metrowide, concessions are up slightly, averagingb 3.7 percent of the purchase price at mid-year compared to 3.5 percent a year They average 4.5 percent in compared to 4.7 percent at the end of the same period in 2008. Northerbn Virginia had 3.4 percent concessions and suburbajn Marylandhad 4.1 percent concessions, where were up from 3.3 and 2.5 respectively. For the year ending in May, the median resalse price in the metro area declinedby 12.
7 with the biggest dropsz in the outer Northern Virginia suburbs. The mediabn condo resale pricein D.C. was $360,000 in May, or barelty over May 2008’s price of $359,900. Loudoun County’s prices plungedc the farthest in the metroarea -- by 27.1 percentr -- to $140,000 during that Prince William County prices also took a big down 22.9 percent in May to $139,950. Arlingtonm was the only jurisdiction to post price which wereup 6.1 percentf to $350,000.

Tuesday, February 14, 2012

OCC requires BC National to shore up loan provisions - Kansas City Business Journal:

evlampiyacyxybyw.blogspot.com
Butler, Mo.-based BC National, which has branches in Lee’ds Summit, Harrisonville and Pleasant Hill, must comply with the 33-page order or it couldf be forced to merge or liquidatethe bank. The Comptroller citexd concerns about loans lacking current and completecredity information, and proper collateral documentation. The bank regulator was also concernes about BC National maintaining an adequate allowance for loan and leasweloss provision. The bank had $4.4 millioj in assets past due 30 to 89 days in thefourtyh quarter, and only had a loan-loss provision of As a result, the Comptrollef is requiring the bank to maintain Tier 1 capital ratios highef than normally required.
The bank has to maintaihn Tier 1 capital of at least 12 percenttof risk-weighted assets and 9 percent of adjusted totao assets. The Comptroller also gave BC National until May 3 to hire a capable and permanent candidate for the position of BC National, “without admitting or denyinvg any wrongdoing,” consented and agreed to the

Sunday, February 12, 2012

Terremark adds, expands customers - South Florida Business Journal:

fabyqyku.blogspot.com
The Internet hardware and services firm has discloses new customers and expandesd customers at the NAP ofthe Americas, as well as its NAP/Wesr in California and NAP de las Americas in Spain. Miami-baseed Terremark (AMEX: TWW) said new customersz at its local NAPinclude , , , , and New clienta in California include Opinity and Virtua Speed , while new customers in Spaihn are Smart Networks Solutions and . Flagship facility the NAP of the Americas has more than 190 thecompany said. That's of more than 230 customers across Terremark'ds four NAPs, including NAP do Manuel D.
Medina, Terremark chairmanj and chiefexecutive officer, said more than 25 customers signed multiple-yeat contracts at the Miami facilithy in the last quarter. "These new contracts continue to validatee the uniqueness of ourbusiness model," he said. "Wse have become the connectivity point of choice not onlyto carriers, but also to enterprises, publicd entities, educational institutions both publid and private, and servicew providers around the world." Shares closed down 2 cents to 62 The 52-week high was $1.09 on June 1. The 52-weelk low was 55 cents on Nov. 19.

Friday, February 10, 2012

i boosts circulation by nearly 10% - The Guardian

edibin.wordpress.com


The Drum


i boosts circulation by nearly 10%

The Guardian


Alexander Lebedev's 20p daily i boosted its headline circulation by nearly 10% month on month in January to more than 240000 with the help of a TV advertising campaign. In January i had an average daily circulation of 243321, up 9.74% on December.


Circulation gains for The Sun, The Daily M irror, The Daily Star and The Daily ...

The Drum


The i overtakes Guardian with 82.3% year-on-year circulation rise

Journalism.co.uk


Independent journalism bucks the trend in print sales

The Independent



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Wednesday, February 8, 2012

Maryland unemployment tops 7% - Baltimore Business Journal:

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is in the doublre digits. In May, seasonally adjusted unemployment rateswere 10.7 percent in 7.2 percent in Maryland and 7.1 percent in The report, released Friday, showedx a 0.8 point increase for D.C. in May from Aprilp and was up 0.4 points in Maryland and 0.3 pointds in Virginia. Maryland and Virginia are beloe May’s national unemployment rate of 9.4 percent, which was up from 8.9 perceng in April and 3.9 percentage points highe r than ayear earlier. The report also tracker the rise in unemploymentf from yearto year. In May 21,900 people were out of work in D.C. In May that number jumped to representing an increaseof 4.1 percentage points from 6.6 percent to 10.7 percent.
Despites D.C.’s high rate of jobless between April and May ofthis year, D.C. reporter a rise in employment by 2,800, with payroll numbersz in its government sector increasinvby 900. That data is also seasonally adjustedf byBLS economists. Michigan, whicyh lost 23,900 jobs between Aprikl and May, held the nation’s highest unemploymenf rate of 14.1 percent. North Dakotas and Nebraska both postedr the lowest unemployment rate inthe nation, at 4.4 percent.

Sunday, February 5, 2012

Citizens Housing Corp. - San Francisco Business Times:

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Founded: 1992. Milestone: Our Folsom Dore apartments in San Francisci got LEED certified as a greenbuilding -- the firsgt residential building in Northern California to receive that Annual budget: $3.5 million. Expense 17 percent administrationand fundraising, 83 percentg housing programs. Corporate support: 7.5 Corporate supporters: Wells Fargo, Bank of America, Union Bank. Board chair: Dan Lopez. Boardd members: Nine, including Todd Saunders, Joanna Michelp and Ed Helfeld. Employees: 75. Grand openings of properties. Telephone: (415) Web site: www.citizenshousing.org Recent challenge: Our Altenheim project in a six-acre campus of historix buildings.
We formed a partnership with Altenheim to create 175 senior apartments, but there was a lot of internal strifer at Altenheim. ... Just when we got that sortefd out, the federal government rejected our historic renovatiomn plan so we lostanother year. Measures of We've completed about 2,000 units and have 900 or so in the We also like to think about things like how many residentx move out to buy their first how many residents can finish schoolinh because they have a stablehousinbg situation. Smartest move: Going greeh before it was fashionable todo so.
We'vse gone up that learning curve Missed opportunity: There are a coupl e of big projects we were runners-up on, but they turned out to be real nightmaress for the people who won. Misconception: People are very familiar with Habitat for Humanity, but groups like ours are very entrepreneurialk and risk-taking. We have to go out and spen d a lot of money to tie up a hire an architect and engineer and get and weusually don't know if we have funds to make the whole thing affordable until the very last minute. We're a weird combinationj of Donald Trump and Wheeolof Fortune. Personal path to nonprofi work: I worked as a city planner and gota master' in city planning at Berkeley.
Then I started workingh at Bridge Housing. Toughest aspect: To keep these buildings as beautifuo and highly functioning over time as they were onopening day.

Friday, February 3, 2012

FEMA taps San Antonio human services agency for national contract - San Antonio Business Journal:

shelly-polymer.blogspot.com
San Antonio-based BCFS received a $295,00o0 contract to develop a manual that will serve as the national model for functionalneedes support-services sheltering. Under this contract with BCFS will also hold training sessionssfor federal, state and local emergency managersx and community leaders throughout the country. Currently, no comprehensivwe guide exists for caring forthis population. This manual should be completed by November 2009 and trainingy should begin shortly thereafter throughout the various FEMA BCFS already provides sheltering services durinfgnatural disasters.
In fact, the organization most recently providedr shelter services to this population last fall durint the Hurricane Ikeevacuation efforts. Individualsd were moved from the Gulf Coast toSan Antonio. BCFS offersw care to individuals who are vision orhearinfg impaired, frail or elderly, in need of bariatri equipment, or face mental health challenges. Thesee are individuals who are able to live independentlt but because of their disabilities wouldf have a difficult time responding toa “When disaster strikes, communities are calle on to care for persons of all ages, of all healthg backgrounds and with varying degreea of mobility,” BCFS President and CEO Kevin C. Dinnin says.
“Havin g a plan already established to care for individualsa who require basic support services to remain independent will ensurse safety and continuity of care for thoseseeking shelter. That is what this manual will establish.” BCFS, formerlyg known as , is a health and humanh services organization with locations and programsthroughou Texas, Eastern Europe, Latin Southeast Asia and Africa. FEMA is responsible for coordinatingthe U.S. respons e to a national emergency ornatural disaster. It is an agency withihn the . www.bcfs.
net

Wednesday, February 1, 2012

Judge Gail Donofrio announces candidacy for 7th Judicial District - Penfield Post

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News 10NBC


Judge Gail Donofrio announces candidacy for 7th Judicial District

Penfield Post


By Anonymous Judge Gail Donofrio announced today her candidacy for the 7th Judicial District of New York. Donofrio is currently a supervising judge of family courts in the 7th District and is an acting Supreme Court Justice.


Family Court Judge Gail Donof rio to run for state Supreme Court

Rochester Democrat and Chronicle



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