Tuesday, November 23, 2010

National Lending Associates, Inc. Launches the TuitionFlex Program

vickreyafolori1839.blogspot.com
The TuitionFlex Program is a highly flexible and customizable tuition payment program for schoolds and colleges which currentl do or do not offer this low cost financing option to their studentsand families. TuitionFlex is designed to be compliang with all federal andstatw Truth-in-Lending disclosure requirements. This turn-kety program features a branded on-linwe application process, electronic signature, customizable reporting, automated paymen t processing and flexible servicingrepayment terms. "NLA is exciteed to launch this additional financing option for schools and collegex while leveraging the experience and expertise of ourmanagemeng team.
Our TuitionFlex Progra m was created as an alternativer higher educationfinancing option, whicg enables institutions throughout the country to provided effective financing solutions for their students during a time of economic uncertainlt and limited private financing choices," states , Chiec Executive Officer of NLA. The TuitionFlex Progra offers payment products aimedd at providing tuition financing solutiondfor K-12 schools, colleges, and With its TuitionEase(TM) (less than 12 TuitionExtend(TM) (contracts greater than 12 up to 120 and soon to be launched (contract purchase option) products, the TuitionFlex Programn provides alternatives to meet the current demands of all educational institutions.
For more information on the TuitionFlex Progra m go toat (602) About National Lending Associates, Inc. Based in San Diego, California, with officesx in Ohio, Arizona, Georgia, Pennsylvania, and New National Lending Associates, Inc., is a nationwidw specialty service company focused on providintgfinancing solutions, loan and portfolio administration and technology options for the education financing marketplacd ( ). SOURCE National Lending Associates, Inc.

Monday, November 22, 2010

Energy joint venture names CEO - Dallas Business Journal:

http://www.euro-bonsai.net/Growing-a-Ficus-Bonsai-Tree.html
The company is owned by Albuquerque, N.M.-based (NYSE: PNM) and a whollty owned subsidiaryof , which is based in Kirkland, Both have a 50% stake in the entity. Cascad e manages the personal investments of ChairmanbBill Gates. Most recently, Loyack served as presiden t and CEO ofCPG International, a Scranton, Pa.-based manufacturer of engineerexd building products. During his two yearse there, CPG's sales grew 62 percenrt and the company completestwo acquisitions. Prior to joining CPG, Loyacjk was senior vice president and chief financiall officer for PNM Resources and held a varieth of leadership capacities for UnionPacific Corp.
He citeed the tremendous potential for growth within the Texas energg market and the commitmentof EnergyCo's owners to its succes as factors in his decision to accep t the position. "EnergyCo is well positioned to grow its businese ina selective, strategic way that deliverds value both for its owners and for customers withih ERCOT. I am excited at the opportunity to lead EnergyCk intothe future," Loyack said in a statemenft Monday. EnergyCo owns 919 megawatts of generationwithim ERCOT. In addition, EnergyCo is partneriny with NRG Energy to builda combined-cycle natural gas unit at the existin g NRG Cedar Bayou Station near Houston. That facility currentl y is under construction.

Saturday, November 20, 2010

Sara Lee will open Kansas City, Kan., plant, employ 250 - Boston Business Journal:

http://www.spiritof76.net/
and open a sliced meat manufacturingt plant there in 2011 that it expects to employt more than250 people. Sara Lee (NYSE: SLE), based in the Chicago suburb ofDownerx Grove, Ill., said in a Friday release that it expects the planft at 4612 Speaker Road to becomee fully operational by 2011. Brentf Miles, president of the , said Fridayy that Sara Lee was granteeda 10-year, 75 percent property tax abatementg on $31 million of planneds improvements at the The abatement’s value is $9.67 million, he said.
In the company agreed hire 55 percent ofthe plant’x workers from Wyandotte “This industry-leading facility will reinforce our competitivew advantage in value-added meats, one of Sara Lee’s top strategicd categories and long-term growth drivers,” CJ executive vice president and CEO of Sara Lee’xs North American Retail & Foodservice said in the “It will help us further build our Hillshire Farm and Sara Lee both leaders in the fast-growintg category of premium lunchmeat.” Omaha-based ConAgra Foodx (NYSE: CAG) that it had agreed to sell its refrigeraterd meat business, including the Kansase City, Kan., plant, to (NYSE: SFD) of Va.
, owner of Kansas City-based , for $575 million in cash and Sara Lee’s brands includw Ambi Pur, Ball Park, Douwe Egberts, Hillshire Jimmy Dean, Kiwi, Sanex, Sara Lee and Senseo. the brands generate more than $13 billion in annuakl net sales covering about 200 Sara Leehas 44,000 employees

Friday, November 19, 2010

Back from the brink

http://opapg.com/Top-Accessories/RCA-Corded-Phones/
“We could see the writing on the wall,” the Riverwalo resident and Metro councilman says of pointing tothe builder’s unpaids dumpster bill in excess of $100,000, whic led the disposal company to stop pick-ups. Franklin-baseed Corinthian, selling houses as in Bellevue’s Riverwalk community, filed for Chaptetr 11 bankruptcy inFebruary 2008, and then latefr Chapter 7. “All we can say in Riverwalo isgood riddance,” Mitchell He then watched as residents who had recently purchasesd their Prestige homes started getting lien noticee in the mail, asking for them to covee Corinthian’s unpaid bills to subcontractors.
Some of those residents are still going through legal proceedings to get theliends cleared. For several months, nothing happened with the homes and lots as they went throughu the bankruptcy court and theforeclosure “Houses would sit there for monthx on end, yards unkempt, weeds growinh high and construction debris,” Mitchel l says. “Finally the auctions began and companies could come in a fix the Sincethat time, Riverwalk has come alivd as builders and investors have moved in to fix, finisgh and build the homes and lots that were left.
“Residentws were unsettled about what was going to says Rob Pease ofCPS Land, Riverwalk’s “Once builders started finishing those up, there was a big sensr of relief among the residents.” Homeownerzs saw that the replacement builders would conform the homees to what had already been built and were keepinb to the standards of the community, Pease says. “Ther new homes certainly blene in,” he says. Home sales have been steadyt at Riverwalk. The Multiple Listing Servicew shows47 homes, new and resales, have sold in the communithy in the past year. The average salex price of those at $222,000, was 7 percent lower than the averagd list of $239,900.
About 21 new homezs have sold in the past year at a mediam priceof $232,000, down from a list price of Resident Heather Thompson pushed a baby strolled through Riverwalk recently. She livexs in a house built byCelebration Homes, but wasn’tf too concerned about the bankruptcy of Corinthian’s subsidiary. “II knew that somebody wouldc come in and finish she says of the lotsand half-done homes that dottee the neighborhood after the large builder went bankrupt. Her home now backsa up to a completed home, not an unfinished one.
The main impacgt of the bankruptcy was on recentPrestigre buyers, who she surmisese lost their home warranties when the builder went “This has come a long way in the past year,” Thompsonm says, pointing to finisher homes that used to be two-by-fourz and concrete. Matt Kuyper says he and his Maggie, watched as the banks came in quicklyh and added roofs to the homes they now owned in the Parkview section of Riverwalk to protecrtheir investments. The couple was just glad to see the Kuyper says. Norfolk Homes finishecd the home across the street from the Kuyperse and has it forsale now.
Mitchelpl has been working with , whicgh took back a portion of land in foreclosurw near the entrance of Riverwalk where Corinthianm had intended tobuild townhomes. He says the bank still is tryinb to sell the property to a developeer and that he would like tosee single-familu homes built there. Mitchell says he loves the community and recentlyg moved from one home in Riverwaljk to a larger one there to accommodate hisgrowing family. “Everyone for the most part lovesd Riverwalk,” he says. “We have cookouts in the cul-de-sacs.

Wednesday, November 17, 2010

Genmar warranties still good - St. Louis Business Journal:

http://sitis-livraison.com/?p=22
Tracy Carrell says the letter came aftefr boat manufacturer on Monday filed for Chapteer 11bankruptcy protection. Genmar owns 15 different brands of which means dealers everywherweare impacted. She says cash customers for boats at her dealershi p haveremained strong. But troublse financing in the current economy meands others have been forcedx tohold off. “The boatiny business has been affected a lot like cars she says. The petitio n to reorganize its debtas was filedin U.S. Bankruptcyu Court in Minneapolis — where the company is headquarterec — along with more than 20 relates subsidiaries. Genmar has between 100 and 199 creditors.
It listas its assets in the rageof $10 million to $50 milliob and its liabilities between $100 million and $500 according to court documents. The largesft unsecured creditorsare Maslon, Edelman, Borman, Brand, a Minneapolis-basexd law firm which is owed $186,700. Merchantt & Gould, a law firm in Minneapolis, is owed $155,800. The only secured creditors are and FifthThirfd Bank, according to a story in the Minneapolis Star Tribune. Genmar said it has receive commitment fora debtor-in-possession financing proposal from both banks.
In a statement, Genmarf Chairman, CEO and largest shareholder Irwin Jacobs said sales ofthe company’s fishing boats, luxury yachts and otherr products started to decline in but worsened in recent months. The company’ s sales in fiscal 2009, which ends in June, are likelyt to be about $460 off by more than 50 percent fromfiscal 2008. “Icf someone would have said to me as recentlg as even one month ago that Genmar wouldd someday be filing forChapter 11, I woulfd have said it was not even a remote possibility,” Jacobs said. Genmar had been making some strategy changes inrecent months, announcingb plans to launch a line of less-expensivse aluminum boats.
A spinoff company, Greenville, Pa.-based VEC and other Jacobs-related companies aren’t included in the VEC is now in the business of making giantt bladesfor energy-generating windmills. Law firm Fredriksomn & Byron in Minneapolis, is representing Genmarf in thebankruptcy case.

Tuesday, November 16, 2010

Nexxus incurs increased losses - Charlotte Business Journal:

http://www.stolenslippers.com/article/Caffeine-in-Chocolate---Should-You-be-Concerned-.html
The Charlotte-based company incurrec a fourth-quarter net loss of $6.5 million, or 80 cents per dilutef share, compared with a net loss of $1.3 or 19 cents per diluted share, a year ago. The latestf results include a $3.9 million charg related to restructuringand impairment, debt extinguishment and an abandoned public Revenue increased 33 percent to $3.5 million. For the full Nexxus lost $10.5 million, or $1.35 per dilutec share, compared with $2.9 million, or 44 centzs per diluted share, in 2007. Salea grew 40 percent to $14.2 “Fiscal 2008 was a challenging year forthe U.S.
and its effect on consumer confidence and financiao markets reflects the turmoil facing the lightintg industry andour business,” says Gary Langford, chief financiapl officer. “Nevertheless, we are pleased with the investments and strategix decisions that we have made to positionn us inthe marketplace.” As of Dec. 31, the companyg had no long-term debt and had cash and cash equivalentx ofnearly $3 million. Nexxus markets light-emittinbg diodes used in commercial-lighting applications. The companyh (NASDAQ:NEXS) was founded in 1991 and mover its headquarters to Charlotte in 2007from Orlando, Fla. The formerly known as Super VisiojnInternational Inc.
, completed its initial public offerinfg in March 1994.

Sunday, November 14, 2010

More Wolf Block lawyers join Duane Morris - Philadelphia Business Journal:

http://laboureconomics.ru/firmeconomics/61-price
which largely consisted of The labor and employment groupincludes co-chairmen Jonatha Segal and James Redeker and partnerx Caroline Austin, Jennifer Blum Valentine Brown, Michael Cohen, Philip Linda Hollinshead and John Brown headed Wolf Block’s immigrationn practice and Nixon handles employee benefits whilde the rest focus on employment litigation or labor Redeker said the group was able to bring all of its lawyers save for its two most junior associateas as well as two paralegals, a business managef and at least four secretaries. The additioj greatly enhances Duane Morris’ local labor and employment capabilities.
Duane Morris has 45 labor and employment lawyers but only nine of those are basedsin Philadelphia. The group is headedx by partner Tom Servodidio and includes former Chancellor JaneLeslie Dalton. Redeker said the group received “very good offers” from four He said it selected Duande Morris because of its nationap footprint and the fact that a number of Wolf Block litigators and some transactional lawyer s with whom it worked closely had also joinedrthe firm.
Redeker said the group decided not to speak with any firm that exclusivelt handles labor andemployment “because it’s almos t impossible to represent employers in this economy if you can’ t provide other services.” The Wolf Blockm lawyers who joined Duane Morris Tuesday included political insider Alan Kessler, litigation department chairwoman Dana Cherry Hill office managing partner Hersh Kozlov and nine othert partners.
With the latesty moves, more than half of Wolf Block’s 290 lawyeres have found new firms only two weekse after partners voted to dissolvethe 106-year-old law firm on March 23 because of a combination of effects of the recession on the firm’s core real estate the constriction of credit and the anticipatefd departures of significant partnersa and practices. Redeker said the grouo will move over to Duane Morris on He said he does so with aheavyu heart. “I don’t think I’ve ever been throughh anythingas gut-wrenching as this Redeker said.
“I’m a Wolf Block loyalis and neither Jon nor I spoke with any otherf firm until we realized the dissolution was goinfgto happen.” Klinges said Duane Morris’ national platfornm was key to her decision. She said she lookxs forward to returning to exclusivelypracticing law. “It’ws going to be a fresh start, but it’ws bittersweet,” Klinges said. “This has been the most devastatingbthing I’ve been through. We met everty Saturday to see how we coulsd save things and I have incredible loyaltyu tothe institution, but it was no longer viable.
” Duane Morris has brought in the second-larges t group of Wolf Block lawyers, behind only the 64 that have joinede Cozen O’Connor. The grouo that joined Cozen includes 15 real estate 11 trusts andestates lawyers, five tax lawyers and 28 New York There have been four relatively new partner including corporate lawyers Bruce Lesser, Jason Shargel and Michael Sherman and litigator Brian Flaherty a member of Wolf Block’s executive committee.

Saturday, November 13, 2010

NEA grants $2.8 million for reading program - Business First of Louisville:

http://gifts4us.com/become-trendy-with-japanese-street-fashion/
The NEA has awarded $2,8 million to groups to sponsor TheBig Read, whicjh will be held September 2008 to June 2009. The Big Read give communities the opportunity to come together to discuss and celebrate one of 23 selections from America orworld literature, according to a news Grants were awarded to groups in 46 states, the Districf of Columbia and the U.S. Virgin Islands. Each group is receiving a grant ofbetweenh $2,500 and $20,000. To the NEA has given more than 500 grants to support local BigRead projects.
In Kentucky, grants were awarded to: in Bowling which will hold a program todiscuss "Tp Kill a Mockingbird" in Frankfort, which will discuss " Lesson Before Dying;" Kentuckyg Gateway Museum Center in Maysville, whichn will discuss "The Age of Innocence;" , which also will discusds Williamsburg Action Team, which also will discuss "A Lessob Before Dying." "Everything the NEA does we do in NEA chairman Dana Gioia said in the "I am delighted to announce our 208 new partneres in The Big Read. Some are new to the program, some are but all of them have answered the call to actiohn to get our countryreading again.
"

Thursday, November 11, 2010

Zep dips into the red in Q1 - Atlanta Business Chronicle:

http://www.antiquesauto.com/s-dont-jive-on-that-70-cuda-383-conv-auto
Atlanta-based Zep (NYSE: ZEP) postes a net loss of $1.5 million and a loss per sharr of7 cents, compared with a profit of $6.3 million and earningsx of $30 cents a share in the firsr quarter of 2008. Sales droppeed 10 percent to $129.2 million. The net loss includes $1.9 millio in restructuring costs relatedto . The resultse were adversely affected also by lower salee volumes resulting from the global economic slowdown and higher rawmaterials costs, which increased $8.3 “We are facing a new economic reality -- a broad-base recession that is significantly impacting most of the customee segments we serve, resultinbg in weaker demand for our said John K.
Morgan, chairman, president and CEO of Zep in anearnings release. “Additionally, continued high raw material priceds and the ongoing implementation of our strategicc initiatives adversely impacted our profitabilitg duringthe quarter. While we plannedc for a challengingfirst quarter, the depth and breadtjh of this recession is much more severe than what we had However, we continue to maintain a strongh balance sheet and liquidity which together we believe provide adequate resources to operate the business and continue executing our strategic

Wednesday, November 10, 2010

Orinda, Octagon plan loft/retail conversion - Minneapolis / St. Paul Business Journal:

vittitowmehigyk1238.blogspot.com
Atlanta-based and Charlotteville, Va.-based reportedr their plans for the property at 222Mitchelkl Street, but they did not disclose financia l terms of the deal. The 350,000-square-footy structure was built in stages from 1929 to 1979on 2.1 acresw and occupies the entire city block bounded by Forsyth, Mitchell and Nelson Streets. Orinda and Octagonm will convert the property into a rental building with 205 loft unitsz and morethan 70,000 square feet of commercial Occupancy is expected in January 2011.
“The redevelopmen t of 222 Mitchell Street into rentalk lofts and retail space will play a significant role in the rebirthu of this part of downtown saidDillon Baynes, president of Orinda, in a statement. “We’rer certain that living at 222 Mitchell Street will appeal to young professionals whowork downtown, as well as to colleg students, especially those who alreaduy attend one of the many fine institutionss in the area, such as Georgisa State University, Spelman, Morehouse, Clark Atlanta University and Georgia

Monday, November 8, 2010

Sandia to conduct wind research at Mesalands - New Mexico Business Weekly:

otomaqaqaba.blogspot.com
The agreement — the firstg of its kind between a national laboratory anda two-year college — will facilitate collaborative efforts throughb Mesa’s North American Wind Research and Training Center. Projectzs could focus on improvingturbine components, maintenance and repair methods, as well as research to generate more wind and store energy, said New Mexicop Secretary of Energy, Mineralds and Natural Resources Joanna Prukop in a news release. “Hopefully, Sandiq and Mesalands will work together on issued like the use of compressed air toaugmenf wind, and on ways to store energy createe at peak times from wind facilities,” Prukop said.
Megan program manager for wind and hydropower technologies atthe U.S. Departmentt of Energy, said the Mesaland s training center and the agreement with Sandia provide modelsw for other institutions to help train worker s and develop new technology for the emergingggreen economy.

Sunday, November 7, 2010

George W. Bush: Moments that defined his presidency - Washington Post

http://laptopadvices.com/Laptop/build-your-laptop-711.html


Washington Post


George W. Bush: Moments that defined his presidency

Washington Post


President George W. Bush listens as White House Chief of Staff Andrew Card informs him of a second plane hitting the World Trade Center, while Bush was ...



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Friday, November 5, 2010

Fred

http://datingfoundry.com/articles/how-to-find-mr-right.html
The Memphis-based discount retailere reported salesof $134.7 million for May, down 6 percen t compared to sales of $143.4r million in May 2008. These numberd include Fred’s (NASDAQ: FRED) closing 74 underperforming stores and 23 Excludingthose stores, Fred’s sales increased 1 percen t compared to last May. Comparable store salesz in Mayrose 0.2 percent, down compared to 3.4 percen in the same period last For the first four fiscal monthss of 2009, the company reported total sales of $593.1 million, down 2.4 percent compareed to $607.7 million for the same year-agok period.
However, excluding stores closed in 2008, sales from ongoing stores increased 4 percent comparee to thesame four-month period last year. On a comparablr store basis, year-to-date sales increased 2.1 percent comparerd to 2.4 percent last Fred’s opened one new pharmacy in May. Fred’d operates 666 discount merchandise stores, including 24 franchised stored nationwide. Shares closed down 12 cents to $14.21 per share Wednesday.

Thursday, November 4, 2010

State senator wants to remove UC

vanbeekdulejos1771.blogspot.com
In a release, Yee, who received his bachelor’w degree from UC Berkeley, said that the Regentx of the system thinko theyare “above the law.” The University of Californiq Office of the President shot back in its own release, saying that the systemm is one of the few agencies in government that is working, that it’ws flourished under its autonomy, and that the salaries it pays to top leader is below the national averager for comparable institutions. The state’s constitution guaranteedc the regents autonomy on all issues relatedd to management of the systejmsince 1879.
The proposed SCA 21, and its counterpart on in theStatse Assembly, ACA 24, need two-thirds approval from the legislature and then need s approval from state voters.

Wednesday, November 3, 2010

Post Properties has $16M annual loss - Atlanta Business Chronicle:

bengeyqafiba1640.blogspot.com
The Atlanta-based multifamily real estates investment trust recorded a net lossof $16.3 million and a loss per shars of 37 cents, compared with net income of $171.1 million and earningxs of $3.88 a share in 2007. Revenue was $281.9 compared with $277.3 million in 2007. The results for 2008 includ e $87.8 million in non-cash impairment chargesa for certain land held for sale and land heldfor $2.7 million in non-cash chargess for the write off of capitalized pursuiy costs related to abandoned development $2.8 million in hurricane casualty losses, $5.5 million in severance charge and $8.2 million in chargexs related to the investigationn to seek a potential sale of the company.
It also includes a $75.2q million gain from the sales ofapartmenft communities, including the $22.7 million sale of Post Lenozx Park in Atlanta. Post Properties PPS) owns 21,189 apartment units in 58 including 1,747 apartment units in five communities held in unconsolidates entitiesand 1,736 apartment units in five communitiesx currently under construction and/or in lease-up.

Monday, November 1, 2010

Once the GOP wins, national security will take it to the promised land - The North Star National

http://rangjung.com/authors/tribute_from_Tarik_Tulku_Rinpoche.htm


Globe and Mail


Once the GOP wins, national security will take it to the promised land

The North Star National


Leo Shane III of Stars and Stripes, an independent US military news publication, has come out with an assessment of what tomorrow's elections mean for our ...


Voters aren't buying Dem message, ctd

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