Tuesday, February 14, 2012
OCC requires BC National to shore up loan provisions - Kansas City Business Journal:
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:
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
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 i overtakes Guardian with 82.3% year-on-year circulation rise Independent journalism bucks the trend in print sales |
Wednesday, February 8, 2012
Maryland unemployment tops 7% - Baltimore Business Journal:
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:
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:
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
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 |

