vilyfijohy.wordpress.com
Pacific Ethanol and its marketing division did not filefor bankruptcy. The Sacramento-bases company — founded in Fresno by former California Secretary of Stats BillJones — has been battlinfg a critical cash with high corn prices and lowefr ethanol prices greatly affecting the bottom The company has warned about the possibilitgy of bankruptcy in recent weeks. Pacific Ethanol, like many ethanol producere nationwide, has been attempting to refinance loans, receivinbg an extension in March that expiredfin April. The action prompted the company’s ethanol-producing units to file the voluntaryy bankruptcy petitionin Delaware.
The company’s marketin g subsidiaries — and — have not filed for bankruptcy. West LB and othefr creditors have agreedto debtor-in-possession financing of $20 million. “We have worked with our creditors to developl a plan that we believe allows us to continue operations and meet our commitmentse to our customersand vendors,” Pacific Ethanol chietf executive officer and presidenr Neil Koehler said in a news release. “While the markeg environment for the ethanol industry has been challenging over the lastsevera quarters, we remain confident that a restructure d company will grow and prosper as the demand for low-carbonb fuels increase.
” In addition, -owned offeredd as much as $10 million in financing to Kinergy Marketing through Octobe r 2010. ‘We appreciate the support of West LB, Wachovia and the work of our managementf team,” Jones said. “Our objective is to move this procesd forward as quickly as possible so that we can maintain our focusx on serving our fuel and feed The company has delayed filingits first-quarter financials due to the efforts to restructurr debt, but said it expects net sales of abouf $86.7 million for the quarter ended March 31, compared to net sales of $161.5 million for the same period in 2008.
The company estimates it sold 24 percentt less ethanol in the first quartert compared to theprevious year, and the sale price fell to $1.6r per gallon, 28 percent less than in first-quarte r 2008. The company has closed three of its four productio plants this year as it tried to renegotiatseloan terms. The company has plants in Stockton, Boardman, Ore., and Burley, Idaho. Pacific Ethanolo moved its headquarters to Sacramentl inJanuary 2007. The company attracted the attention of many environmentalltyfriendly investors, including Microsoft Corp. chairman and founder Bill who has since soldhis shares.
Shares of Pacific Ethanopl (Nasdaq: PEIX) dropped 27 cents to 30 close toits one-year low of 20 About 4.6 million shares traded as of 10 a.m. Monday, about eighgt times its average daily volumeof 527,0000 during the past three months.
Friday, December 30, 2011
Tuesday, December 27, 2011
Delta inks $12B partnership with Air France/KLM - Minneapolis / St. Paul Business Journal:
wanuso.wordpress.com
The trans-Atlantic alliance between the world’ s largest carrier (NYSE: DAL) and Europe’sd largest airline group will offer moreflighyt frequencies, better scheduling and more competitive the carriers said in a joint announcement from The $12 billion revenue figurse is based on flights operated by KLM, Air France to respectivew hubs, plus connecting service. The deal bolsterse the strength of the alliance against competing jointy venturesand . Delta signesd a joint venture deal with Air Francwein 2007. , which Delta acquired last October, has been a partnerf with KLM since 1997. The new partnership representa a quarter ofall trans-Atlantic air service, the carriers said.
Deltas and Air France/KLM will coordinate as a singl carrieron trans-Atlantic service. The pact includezs routes between North Americaand Europe, Northy America and Africa, Europe and Lati America (where Delta is particularlgy strong) and the Middle East and the carriers said. Flights betweenn the U.S. and the European Union will be “mutually where permissible, the carriers said. "The structure of this joinr venture, in which we operate as a single business where we consensually develop our strategies and share revenue sand costs, provides the incentives for us to collaboratew in a way that generates benefitsx for customers, shareholders and employees of our three airlines," Delta CEO Richard Anderson said in a statement.
"Customers will benefigt from the unique scope and choices we will while shareholders and employees will benefirt from the stronger competitive and financial position of ourrespectived airlines." The carriers said the ventur will increase the visibility through coordinate marketing of all three airlines across 400-pluss airports worldwide, and the respective brands will link at Nort h American and European ports. "This strategicx partnership puts us in a good position compared with othermajor alliances, which are extremelu active on the world's leading long-haul market.
By integratinf our trans-Atlantic operations, we will give our passengersw whatthey desire: more choice, more frequencies, more convenient flighgt schedules and superior customer service," Pierre-Henri Gourgeon, president and CEO of Air Francw KLM, said in a news "By optimizing the use of our pooled resources, this joint venture will help us weathe the current economic situation and protect our product All three carriers will govern the new alliance collectively, with work groups created to managd such aspects as network, sales frequent flyer programs, cargo and technology.
The new deal does not have a set end but can be terminated witha three-year notice after the firsr ten years. The partnership includez a network of more than 200 daily Flights are structured around six main hubsin Atlanta, Detroit, Minneapolis/St. Paul, New York and as well as Delta’ws Cincinnati, Memphis and Salt Lake City bases andAir France’ws Lyon hub.
The trans-Atlantic alliance between the world’ s largest carrier (NYSE: DAL) and Europe’sd largest airline group will offer moreflighyt frequencies, better scheduling and more competitive the carriers said in a joint announcement from The $12 billion revenue figurse is based on flights operated by KLM, Air France to respectivew hubs, plus connecting service. The deal bolsterse the strength of the alliance against competing jointy venturesand . Delta signesd a joint venture deal with Air Francwein 2007. , which Delta acquired last October, has been a partnerf with KLM since 1997. The new partnership representa a quarter ofall trans-Atlantic air service, the carriers said.
Deltas and Air France/KLM will coordinate as a singl carrieron trans-Atlantic service. The pact includezs routes between North Americaand Europe, Northy America and Africa, Europe and Lati America (where Delta is particularlgy strong) and the Middle East and the carriers said. Flights betweenn the U.S. and the European Union will be “mutually where permissible, the carriers said. "The structure of this joinr venture, in which we operate as a single business where we consensually develop our strategies and share revenue sand costs, provides the incentives for us to collaboratew in a way that generates benefitsx for customers, shareholders and employees of our three airlines," Delta CEO Richard Anderson said in a statement.
"Customers will benefigt from the unique scope and choices we will while shareholders and employees will benefirt from the stronger competitive and financial position of ourrespectived airlines." The carriers said the ventur will increase the visibility through coordinate marketing of all three airlines across 400-pluss airports worldwide, and the respective brands will link at Nort h American and European ports. "This strategicx partnership puts us in a good position compared with othermajor alliances, which are extremelu active on the world's leading long-haul market.
By integratinf our trans-Atlantic operations, we will give our passengersw whatthey desire: more choice, more frequencies, more convenient flighgt schedules and superior customer service," Pierre-Henri Gourgeon, president and CEO of Air Francw KLM, said in a news "By optimizing the use of our pooled resources, this joint venture will help us weathe the current economic situation and protect our product All three carriers will govern the new alliance collectively, with work groups created to managd such aspects as network, sales frequent flyer programs, cargo and technology.
The new deal does not have a set end but can be terminated witha three-year notice after the firsr ten years. The partnership includez a network of more than 200 daily Flights are structured around six main hubsin Atlanta, Detroit, Minneapolis/St. Paul, New York and as well as Delta’ws Cincinnati, Memphis and Salt Lake City bases andAir France’ws Lyon hub.
Sunday, December 25, 2011
Boeing sells first Super Hornet to foreign military - The Business Review (Albany):
ignatiywulyxura.blogspot.com
The order will generate about $1.3 billiobn in revenue, or about $51 million per for Boeing’s St. Louis-based But software upgrades, maintenance and training servicexs provided by Boeing are expected to bring the total pricre tagto $2 billion. The F/A-18t delivered Wednesday is the first Supefr Hornet to be sold to aforeignj military. Boeing IDS is competingt for orders to supplysimilar F/A-18s to India, Brazil and Denmark, which combined are in the market for up to 306 fightef planes.
Wednesday’s ceremony at Boeing’s IDS headquarters in Berkeleu included video presentations and remarks byBob Gower, vice president of F/A/-18 programs at Boeing; George vice president of IDS government operations; IDS President and Chief Executives Jim Albaugh; St. Louis Mayor Francid Slay; Rear Admiral David Philman, director of air warfaree for the ; and Air Marshal Mark chief of the Royal AustralianAir Force. Hundredse of people, including Boeing employees, suppliers and local economid development officials, were on hand. Boeintg IDS is the second-largest employer in the region and the statsof Missouri, with 16,000 workers. It postef revenue of $32.
1 billion last The F/A-18 program involves 5,000 locak Boeing employees, 304 supplief companies in Missouri and and provides the region with an estimated economic impact of morethan $1
The order will generate about $1.3 billiobn in revenue, or about $51 million per for Boeing’s St. Louis-based But software upgrades, maintenance and training servicexs provided by Boeing are expected to bring the total pricre tagto $2 billion. The F/A-18t delivered Wednesday is the first Supefr Hornet to be sold to aforeignj military. Boeing IDS is competingt for orders to supplysimilar F/A-18s to India, Brazil and Denmark, which combined are in the market for up to 306 fightef planes.
Wednesday’s ceremony at Boeing’s IDS headquarters in Berkeleu included video presentations and remarks byBob Gower, vice president of F/A/-18 programs at Boeing; George vice president of IDS government operations; IDS President and Chief Executives Jim Albaugh; St. Louis Mayor Francid Slay; Rear Admiral David Philman, director of air warfaree for the ; and Air Marshal Mark chief of the Royal AustralianAir Force. Hundredse of people, including Boeing employees, suppliers and local economid development officials, were on hand. Boeintg IDS is the second-largest employer in the region and the statsof Missouri, with 16,000 workers. It postef revenue of $32.
1 billion last The F/A-18 program involves 5,000 locak Boeing employees, 304 supplief companies in Missouri and and provides the region with an estimated economic impact of morethan $1
Friday, December 23, 2011
Wednesday, December 21, 2011
Report: Zell might lose reins of Tribune - The Business Journal of Milwaukee:
acklinegymejac1362.blogspot.com
According to the report, the companu might fall into the hands of a groupl of banks and investores thatholds $8.6 billion in senior debt. The repor t says that "the plan centers on a debt-for-equity swap that probabl would give the senior lenders a largre majority ownership stake in thereorganized company." The plan would also likely wipe out a $90 millio warrant that Zell holds that would give him the right to buy 40 percent of Tribune for about $500 The report says that Zell'es future in the company woul d likely be determined by the group, as it is unclear if the group would want to bring in a new or if Zell himselcf would want to remain with the The report says that "sources closew to both the creditores and the company said it is too earlyy to make such decisions and Tribune management continues to controlk the process because it currentlu has the exclusive right to propose whatever reorganizatiom plan it wishes.
" Tribune through a buyout led by The deal left the company with nearly $12 billionm in debt. Tribune, which is seekin a buyer for the Chicago Cubs baseball has sold off assets and cut jobs since the closw of the deal to help with the debt Thecompany .
According to the report, the companu might fall into the hands of a groupl of banks and investores thatholds $8.6 billion in senior debt. The repor t says that "the plan centers on a debt-for-equity swap that probabl would give the senior lenders a largre majority ownership stake in thereorganized company." The plan would also likely wipe out a $90 millio warrant that Zell holds that would give him the right to buy 40 percent of Tribune for about $500 The report says that Zell'es future in the company woul d likely be determined by the group, as it is unclear if the group would want to bring in a new or if Zell himselcf would want to remain with the The report says that "sources closew to both the creditores and the company said it is too earlyy to make such decisions and Tribune management continues to controlk the process because it currentlu has the exclusive right to propose whatever reorganizatiom plan it wishes.
" Tribune through a buyout led by The deal left the company with nearly $12 billionm in debt. Tribune, which is seekin a buyer for the Chicago Cubs baseball has sold off assets and cut jobs since the closw of the deal to help with the debt Thecompany .
Monday, December 19, 2011
Supporters say Northern Kentucky riverfront project should be big, audacious - Portland Business Journal:
mozybyd.wordpress.com
Although the $170 million pricw tag for the expanded Riverfront Commons projecgtis steep, leaders of and believe it coul spur new development once the nation’s economic storjm has passed. The Riverfront Commons project proposecd by Southbank several years ago now encompasses the Licking Rive Greenway and Trails project proposed byVisio 2015, Northern Kentucky’s regional planning The expanded project would: repair erosion problems along both the Ohio and Lickinf riverfronts; build walkways and bike pathxs along both rivers; and extendf the project’s footprint to include such elements as a tramway to connect Devou Park to Mainstrasse Villags in downtown Covington.
All that boosts the project’s estimated cost to $170 million far higher than the $50 millionb price tag for the original RiverfrontCommons plan. Toughu times? Be bold Southbank Partners Presidenty Bill Scheyer argues that the lousy economyy is no reason tothink small. “Wheh times are difficult, it actually sometimes creates an opportunitty for planning forthe future,” he “Waiting would not benefit us. We need to try to creates the vision, make the economic case and then begin to sell that concept to everybody.” And it seems that, so far, just abougt everybody is sold.
Vision 2015 has won support forthe projectt among community groups and residents, and Southbanj has convinced city and county government leaders of the project’ds worth and value, said Visiojn 2015 President John Domaschko. President Steve Stevens said businesws leaders havebeen impressed, too. After all, securinf funding for the project was high on the list of prioritiesx when the chamber took a group to meet with congressional leadersin Washington, D.C., earlietr this year. “When you’re tryinyg to arrange funding, you have a tendency to break things downinto bit-sized pieces.
But if you do that and only you have a tendency to mask theoveralo vision, which is really the part that stirs men’xs souls and funders’ souls,” Domaschkl said. “This kind of takes the cover off the overall vision in the eyes of fundersw and shows how exciting thiscan be.” Already, the Riverfronf Commons project has secured federal fundx that paid for a study to plot the scopwe of the project and help determine what’s neededx to address the erosion problems along the riverfront. Scheyer wants to rais $335,000 this year to continue the consultingb work andpay 20/20 a high-powered Washington, D.C.
, firm that Southbank has hired to lobby for additionakl federal funds. In just two months, Southbani raised $170,000 from loca governments and private citizens who want to see the projecfmove forward. Local governmentss have been willingto contribute, despit their own financial woes, because they understand the impacty the project could have for the region long-term, said Covington Mayord Denny Bowman. “Our job is not to just do a rendering and not to just do a studyh but to continue all effortsz to see that we implemenythe plan,” Bowman said.
“It takes Already, Southbank and Vision 2015 have started to combins the governance groups for the Ohio River and Lickingg River projects that were onceseparate plans. And leaders in Northern Kentucky’sa river cities – from Bellevu to Bromley – have voice d support for the plan, said Bellevue Mayor Jack Meyer, who is chairmabn of . “We would really be doing an injusticw if we just sat back andsaid let’s put this on hold until thingws get better,” Meyer said. And with the federal stimuluxs dollars flowingfrom Washington, D.C.
, the project’as proponents hope they can win some by making the case that the broader project wouldx help the environment, give residents more recreational opportunities and spur economic development all at the same time. “It’ s difficult to say how great the opportunities are for obtaining saidRoger Peterman, a partner with and chairma n of . “But if we aren’t prepared, it’s neve going to happen.” Scheyer said the lobbying firm Southbank hirerd has important connections in Congress that he hopeds will help the community make its And CongressmanGeoff Davis, Sen. Jim Bunning and Sen. Mitch McConnell all have been supportive in the he said.
Above all, said the chamber’s everyone realizes that a project of this magnitudr willtake time. The key, he said, is to get startec and make the case with aunitef voice. “This economy’s going to turn Peterman said. “And we need to be positioned to take advantagerof that.”
Although the $170 million pricw tag for the expanded Riverfront Commons projecgtis steep, leaders of and believe it coul spur new development once the nation’s economic storjm has passed. The Riverfront Commons project proposecd by Southbank several years ago now encompasses the Licking Rive Greenway and Trails project proposed byVisio 2015, Northern Kentucky’s regional planning The expanded project would: repair erosion problems along both the Ohio and Lickinf riverfronts; build walkways and bike pathxs along both rivers; and extendf the project’s footprint to include such elements as a tramway to connect Devou Park to Mainstrasse Villags in downtown Covington.
All that boosts the project’s estimated cost to $170 million far higher than the $50 millionb price tag for the original RiverfrontCommons plan. Toughu times? Be bold Southbank Partners Presidenty Bill Scheyer argues that the lousy economyy is no reason tothink small. “Wheh times are difficult, it actually sometimes creates an opportunitty for planning forthe future,” he “Waiting would not benefit us. We need to try to creates the vision, make the economic case and then begin to sell that concept to everybody.” And it seems that, so far, just abougt everybody is sold.
Vision 2015 has won support forthe projectt among community groups and residents, and Southbanj has convinced city and county government leaders of the project’ds worth and value, said Visiojn 2015 President John Domaschko. President Steve Stevens said businesws leaders havebeen impressed, too. After all, securinf funding for the project was high on the list of prioritiesx when the chamber took a group to meet with congressional leadersin Washington, D.C., earlietr this year. “When you’re tryinyg to arrange funding, you have a tendency to break things downinto bit-sized pieces.
But if you do that and only you have a tendency to mask theoveralo vision, which is really the part that stirs men’xs souls and funders’ souls,” Domaschkl said. “This kind of takes the cover off the overall vision in the eyes of fundersw and shows how exciting thiscan be.” Already, the Riverfronf Commons project has secured federal fundx that paid for a study to plot the scopwe of the project and help determine what’s neededx to address the erosion problems along the riverfront. Scheyer wants to rais $335,000 this year to continue the consultingb work andpay 20/20 a high-powered Washington, D.C.
, firm that Southbank has hired to lobby for additionakl federal funds. In just two months, Southbani raised $170,000 from loca governments and private citizens who want to see the projecfmove forward. Local governmentss have been willingto contribute, despit their own financial woes, because they understand the impacty the project could have for the region long-term, said Covington Mayord Denny Bowman. “Our job is not to just do a rendering and not to just do a studyh but to continue all effortsz to see that we implemenythe plan,” Bowman said.
“It takes Already, Southbank and Vision 2015 have started to combins the governance groups for the Ohio River and Lickingg River projects that were onceseparate plans. And leaders in Northern Kentucky’sa river cities – from Bellevu to Bromley – have voice d support for the plan, said Bellevue Mayor Jack Meyer, who is chairmabn of . “We would really be doing an injusticw if we just sat back andsaid let’s put this on hold until thingws get better,” Meyer said. And with the federal stimuluxs dollars flowingfrom Washington, D.C.
, the project’as proponents hope they can win some by making the case that the broader project wouldx help the environment, give residents more recreational opportunities and spur economic development all at the same time. “It’ s difficult to say how great the opportunities are for obtaining saidRoger Peterman, a partner with and chairma n of . “But if we aren’t prepared, it’s neve going to happen.” Scheyer said the lobbying firm Southbank hirerd has important connections in Congress that he hopeds will help the community make its And CongressmanGeoff Davis, Sen. Jim Bunning and Sen. Mitch McConnell all have been supportive in the he said.
Above all, said the chamber’s everyone realizes that a project of this magnitudr willtake time. The key, he said, is to get startec and make the case with aunitef voice. “This economy’s going to turn Peterman said. “And we need to be positioned to take advantagerof that.”
Friday, December 16, 2011
Whole Foods Market, Inc. Company Profile | WFMI Company Information
ovaluleq.wordpress.com
Founded in 1980 in Austin, Texas, Whol Foods Market is the world's leading natural and organicv foods supermarketand America's firs t national certified organic grocer. In fiscal year 2007, the company had salew of $6.6 billion and currently has more than 270 storew in theUnited States, Canada, and the United Kingdom. The Whole Foods Market motto, "Whole Foods, Whole People, Whole captures the company's mission to find success in customee satisfactionand wellness, employee excellence and enhanced shareholder value, community support and environmentao improvement. Whole Foods Market, Freshj & Wild(TM), and Harry's Farmers are trademarks owned by Whole FoodxsMarket IP, LP.
Wild Oats(R) and Capers Communitty Market(TM) are trademarks owned by Wild Marks, Inc. Whole Foodxs Market employs morethan 53,000 Team Members and has been rankefd for 11 consecutive years as one of the "100 Best Companiea to Work For" in America by FORTUNE magazine.
Founded in 1980 in Austin, Texas, Whol Foods Market is the world's leading natural and organicv foods supermarketand America's firs t national certified organic grocer. In fiscal year 2007, the company had salew of $6.6 billion and currently has more than 270 storew in theUnited States, Canada, and the United Kingdom. The Whole Foods Market motto, "Whole Foods, Whole People, Whole captures the company's mission to find success in customee satisfactionand wellness, employee excellence and enhanced shareholder value, community support and environmentao improvement. Whole Foods Market, Freshj & Wild(TM), and Harry's Farmers are trademarks owned by Whole FoodxsMarket IP, LP.
Wild Oats(R) and Capers Communitty Market(TM) are trademarks owned by Wild Marks, Inc. Whole Foodxs Market employs morethan 53,000 Team Members and has been rankefd for 11 consecutive years as one of the "100 Best Companiea to Work For" in America by FORTUNE magazine.
Wednesday, December 14, 2011
NewStar turns profit, boosts credit capacity - Tampa Bay Business Journal:
yvejodo.wordpress.com
million in the first quarter, reversing a year-ago as the specialty lender boosted a credit line fromby $100 million to $400 million. But NewStar'xs origination volume dropped dramatically in the quarteto $178 million, compared to $713 milliojn in the fourth quarte and $519 million in the first quarter of 2007. The slowdowjn reflects a globalcredit Boston-based NewStar, which funds commercial real estate projects and participates in the financing of leveraged buyouts, said it has takeh a defensive approach to keep problem loans at a manageable The allowance for credit losses on the company's commercial loans was $36.7 million, or 1.58 percent of loans. That compares to $22.
9 million, or 1.40 percent of loans in the year-earlier The company said non-performing assets were $9.8 millionh at the end of down fromnearly $22 millionb at the end of 2007. NewStar chargecd off $3.3 million in loans during the quarted against a reserve established in thefourth Meanwhile, the company said it established another reserve of $3.5 million in the first quartef for two problem loans. Total net loans were $2.3 billio n at the end of the quarter, up from $1.7 billio in the year-ago Besides adding to its credit line from Deutsche NewStar also renewed anexistingf $400 million credit line with .
The companty said the funding will allow it to operate through further disruption in thecredift markets.
million in the first quarter, reversing a year-ago as the specialty lender boosted a credit line fromby $100 million to $400 million. But NewStar'xs origination volume dropped dramatically in the quarteto $178 million, compared to $713 milliojn in the fourth quarte and $519 million in the first quarter of 2007. The slowdowjn reflects a globalcredit Boston-based NewStar, which funds commercial real estate projects and participates in the financing of leveraged buyouts, said it has takeh a defensive approach to keep problem loans at a manageable The allowance for credit losses on the company's commercial loans was $36.7 million, or 1.58 percent of loans. That compares to $22.
9 million, or 1.40 percent of loans in the year-earlier The company said non-performing assets were $9.8 millionh at the end of down fromnearly $22 millionb at the end of 2007. NewStar chargecd off $3.3 million in loans during the quarted against a reserve established in thefourth Meanwhile, the company said it established another reserve of $3.5 million in the first quartef for two problem loans. Total net loans were $2.3 billio n at the end of the quarter, up from $1.7 billio in the year-ago Besides adding to its credit line from Deutsche NewStar also renewed anexistingf $400 million credit line with .
The companty said the funding will allow it to operate through further disruption in thecredift markets.
Monday, December 12, 2011
Debate Focuses Mainly On Front-Runners - KCCI Des Moines
budimirukaovyril.blogspot.com
The Guardian | Debate Focuses Mainly On Front-Runners KCCI Des Moines The debate appeared to focus mainly on current poll front-runners former Massachuttes Gov. Mitt Romney and former Speaker of the House Newt Gingrich. Romney noted his privileged background during Saturday's debate, but said he grew up appreciating hard ... Gingrich Under Siege Mitt Romney attacked as out of touch over $10000 TV bet attempt Smart and Dumber |
Saturday, December 10, 2011
Chrysler, Fiat finalize deal after Supreme Court steps aside - Triangle Business Journal:
bakakinkorypon.blogspot.com
The move comes a day afted the decided not to hear a courtf action from a group of pension funds in Indiana that had temporarily halted the dealon Monday. The deal comez five days ahead of a deadline imposesd by Fiat to complete the merger and is expectef to open the door for more government loans to struggling automanufacturefr Chrysler. Attorneys for the pensionb funds argued that they would receive just pennies on the dollar fora $42 million loan given to However, U.S.
Solicitor Generalk Elena Kagan said the imminent collapserof Chrysler, which already was losing upwar d of $100 million daily, was of greatedr concern to government officials than the loan When Chrysler filed for Chapte r 11 bankruptcy protection last month, it spellexd out how it would merge with Fiat and what the new Chryslerd company would entail. It also said it woulds reject 789 dealershipagreements nationwide, including .
The move comes a day afted the decided not to hear a courtf action from a group of pension funds in Indiana that had temporarily halted the dealon Monday. The deal comez five days ahead of a deadline imposesd by Fiat to complete the merger and is expectef to open the door for more government loans to struggling automanufacturefr Chrysler. Attorneys for the pensionb funds argued that they would receive just pennies on the dollar fora $42 million loan given to However, U.S.
Solicitor Generalk Elena Kagan said the imminent collapserof Chrysler, which already was losing upwar d of $100 million daily, was of greatedr concern to government officials than the loan When Chrysler filed for Chapte r 11 bankruptcy protection last month, it spellexd out how it would merge with Fiat and what the new Chryslerd company would entail. It also said it woulds reject 789 dealershipagreements nationwide, including .
Thursday, December 8, 2011
San Jose State to join Moffett plan - Silicon Valley / San Jose Business Journal:
alharkaenu.blogspot.com
The $1 billion project unveiled March 13, whic will emphasize many sustainable aspects such as usingy power from renewable sourcea andwater conservation, is being builyt by a cooperative effort of the and an organization callefd University Associates - Silicon Valleh LLC. The facility, which may open in 2014, will consis t of residential housing, academic classrooms and laboratoriesand light-industria l space for cleantech companies. University Associates is comprisedd of theand Foothill-De Anza Community Collegre District, along with newcomer San Jose State. Officials of and have been reportes closeto joining.
UC-Santa Cruz Chancellor George Blumenthalo has also told the Business Journal that officiald of Cal State East Bay are interested in becomingy part ofthe consortium, too. While Universitg Associates is expected to front at leasgt some of the design and planninyg costs forthe project, the organization plansz to hire a master developer to fund Among those attending the March 13 event at the NASA Researcu Park announcing the 75-acre development were San Jose State Associate Vice President for Graduate Studies and Research, Pamela Stacks; Charleas W.
Davidson, a major contributor to SJSU academic andMartha Kanter, Foothill-De Anza
The $1 billion project unveiled March 13, whic will emphasize many sustainable aspects such as usingy power from renewable sourcea andwater conservation, is being builyt by a cooperative effort of the and an organization callefd University Associates - Silicon Valleh LLC. The facility, which may open in 2014, will consis t of residential housing, academic classrooms and laboratoriesand light-industria l space for cleantech companies. University Associates is comprisedd of theand Foothill-De Anza Community Collegre District, along with newcomer San Jose State. Officials of and have been reportes closeto joining.
UC-Santa Cruz Chancellor George Blumenthalo has also told the Business Journal that officiald of Cal State East Bay are interested in becomingy part ofthe consortium, too. While Universitg Associates is expected to front at leasgt some of the design and planninyg costs forthe project, the organization plansz to hire a master developer to fund Among those attending the March 13 event at the NASA Researcu Park announcing the 75-acre development were San Jose State Associate Vice President for Graduate Studies and Research, Pamela Stacks; Charleas W.
Davidson, a major contributor to SJSU academic andMartha Kanter, Foothill-De Anza
Tuesday, December 6, 2011
Denver workshop for community bank directors planned - Denver Business Journal:
amesit.wordpress.com
The three-day workshop -- entitled "A New Director's Challenge: Mastering the Basics" -- will be held July 6-8 at the Westibn Tabor Center. The workshop aims to provide "practicap information that expandsbank directors' skills and understandinyg of issues facing their banks," the OCC said in a statemenyt Tuesday. The workshop is geared primarilyh to directors of nationall community banks with assets of lessthan $1 billiob who have fewer than three years of or longer-tenured directors who would like to review the fundamentalk requirements of their position, the officew said.
The workshop costs Attendees receive pre-course reading and course materials, an OCC telephonre seminar CD, a community bank supervision handbook, othet supervisory material, a continental breakfast, and lunch. Workshops are limited to the first50 registrants. For informationb or to register online, visit or call
The three-day workshop -- entitled "A New Director's Challenge: Mastering the Basics" -- will be held July 6-8 at the Westibn Tabor Center. The workshop aims to provide "practicap information that expandsbank directors' skills and understandinyg of issues facing their banks," the OCC said in a statemenyt Tuesday. The workshop is geared primarilyh to directors of nationall community banks with assets of lessthan $1 billiob who have fewer than three years of or longer-tenured directors who would like to review the fundamentalk requirements of their position, the officew said.
The workshop costs Attendees receive pre-course reading and course materials, an OCC telephonre seminar CD, a community bank supervision handbook, othet supervisory material, a continental breakfast, and lunch. Workshops are limited to the first50 registrants. For informationb or to register online, visit or call
Saturday, December 3, 2011
Nominate a 'Person of the Year' for Mar Vista 2011 - Patch.com
wilhelminadora4287.blogspot.com
Nominate a 'Person of the Year' for Mar Vista 2011 Patch.com If you know someone who made Mar Vista a better place over the last year, nominate him or her. By Kelly Hartog Mar Vista is full of amazing, dedicated people who have accomplished extraordinary feats over the last year. We're blessed with a glut of ... |
Thursday, December 1, 2011
Gold, Silver Slip; Is Inflation The Next Catalyst? - Barron's (blog)
batyushkinuxit.blogspot.com
«Market Leader» - news and previews making you rich. | Gold, Silver Slip; Is Inflation The Next Catalyst? Barron's (blog) The SPDR Gold Trust (GLD) slid by 0.3% on the day while the iShares Silver ETF (SLV) fell 0.4%. In a note to clients, Standard Bank pointed to the rising unease in markets: “If this feeling gathers momentum, we could see precious metals surrender some ... Gold and Silver Prices Continue to Climb Gold and silver: Gold market sees lower volatility Todays Gold Price per ounce Spot gold price per gram; Spot silver price per ... |
Tuesday, November 29, 2011
BofA, Wells to accept California IOUs - South Florida Business Journal:
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BofA says the state’s budgeft crisis prompted its decision. “To support our while giving the state legislature additional time to passa budget, we will accept California state-registered warrants — or IOUs from existing customers and Charlotte-based BofA (NYSE:BAC) says in a writtenh statement. San Francisco-based Wells (NYSE:WFC) says it is accepting the warrant for the sake ofits customers. "Wwe are reluctant to take this step, but are doing so to help our customers who are not at faulr and with the expectation that the legislaturw and governor will complete the budgettwithin days," Wells says. On Gov.
Arnold Schwarzenegger blasted state lawmakers for failingt to pluga $24 billion hole in the stats budget before the start of the new fiscakl year. And he called a special sessioj of the state legislature to fix thebudge mess. Failure to pass a budgegt by midnight Tuesday increases the shortfall to morethan $26 billioj due to the loss of education-related budget fixes, Schwarzenegger said at a press conference He also announced an executive orderr adding a third furlough day each month for state workers, a move expected to free up an additionao $425 million in the new fiscalp year. Although the governor called for thespeciall session, it is up to the legislature to schedule it.
When it will be held is yet tobe
BofA says the state’s budgeft crisis prompted its decision. “To support our while giving the state legislature additional time to passa budget, we will accept California state-registered warrants — or IOUs from existing customers and Charlotte-based BofA (NYSE:BAC) says in a writtenh statement. San Francisco-based Wells (NYSE:WFC) says it is accepting the warrant for the sake ofits customers. "Wwe are reluctant to take this step, but are doing so to help our customers who are not at faulr and with the expectation that the legislaturw and governor will complete the budgettwithin days," Wells says. On Gov.
Arnold Schwarzenegger blasted state lawmakers for failingt to pluga $24 billion hole in the stats budget before the start of the new fiscakl year. And he called a special sessioj of the state legislature to fix thebudge mess. Failure to pass a budgegt by midnight Tuesday increases the shortfall to morethan $26 billioj due to the loss of education-related budget fixes, Schwarzenegger said at a press conference He also announced an executive orderr adding a third furlough day each month for state workers, a move expected to free up an additionao $425 million in the new fiscalp year. Although the governor called for thespeciall session, it is up to the legislature to schedule it.
When it will be held is yet tobe
Sunday, November 27, 2011
Chipotle seeks more local produce for its restaurants - Denver Business Journal:
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The Denver-based company enacted a policy last year to get 25 percentr of the vegetables used in each state from family farmsx withinthat state. This year, it’s raisinv that amount to 35 percent. The push towarrd “food with integrity” began 10 years ago when Chipotlwe officials ensured a majority of their porkwas free-range and raisee without hormones. Now, 100 percent of the fast-casual chain’s pork and chicken fits that description, as does 60 percenyt of its beef, and localizing vegetables is next onits to-d o list, said Chris Arnold, director of publi c relations.
Most of the benefitr to the company (NYQ: CMG) comes from what officialz consider to bea better, fresher taste for its though growing a reputationb for buying sustainable products doesn’r hurt. However, Chipotle won’t be mentioningt the new push inits ads, fearingy that could make peoplee “feel like we’re preaching at them through the decisions we make,” Arnold said. But the main drawback is that the move is expectedf to raise costs at a time of he acknowledged. However, that won’t stop Chipotle from doin it. “The conventional model in conventionapl fast food or conventional dining is pushing cost down so you can sell Arnold said.
“We’re doing something that no one else is to the same Joanne Keys, executive director for the nonprofit group , said that buyinbg locally is one of the hallmarks of sustainabilitgy for restaurants or othe businesses. It reduces emissions from transportationvehicles and, in some instances, reducews materials needed for packaging, she said. “Am I seeinyg a trend?” Keys said about restaurants improvinf sustainability. “Well, not enough.” Roughlyg 860 Chipotle restaurants across the country servesome 2.5 million meal per week.
Because of the lack of locak farms -— both in the state and throughoutg thecountry — that produce a sufficienyt volume of produce with a verifiable safety the program isn’t near meeting its goals yet, Arnolf admitted. For example, only one Colorado of Brighton, has been selected to The farm will supply Colorado Chipotle restaurants with at leasgt 35 percent of theirf jalapenos andred onions, the company said. But the restaurant chaibn continues to look for more participants and expand a push for locaklingredients that’s becoming more popular in locall y owned restaurants, Arnold said. “These things all sort of have to happebnin stages,” he said.
The Denver-based company enacted a policy last year to get 25 percentr of the vegetables used in each state from family farmsx withinthat state. This year, it’s raisinv that amount to 35 percent. The push towarrd “food with integrity” began 10 years ago when Chipotlwe officials ensured a majority of their porkwas free-range and raisee without hormones. Now, 100 percent of the fast-casual chain’s pork and chicken fits that description, as does 60 percenyt of its beef, and localizing vegetables is next onits to-d o list, said Chris Arnold, director of publi c relations.
Most of the benefitr to the company (NYQ: CMG) comes from what officialz consider to bea better, fresher taste for its though growing a reputationb for buying sustainable products doesn’r hurt. However, Chipotle won’t be mentioningt the new push inits ads, fearingy that could make peoplee “feel like we’re preaching at them through the decisions we make,” Arnold said. But the main drawback is that the move is expectedf to raise costs at a time of he acknowledged. However, that won’t stop Chipotle from doin it. “The conventional model in conventionapl fast food or conventional dining is pushing cost down so you can sell Arnold said.
“We’re doing something that no one else is to the same Joanne Keys, executive director for the nonprofit group , said that buyinbg locally is one of the hallmarks of sustainabilitgy for restaurants or othe businesses. It reduces emissions from transportationvehicles and, in some instances, reducews materials needed for packaging, she said. “Am I seeinyg a trend?” Keys said about restaurants improvinf sustainability. “Well, not enough.” Roughlyg 860 Chipotle restaurants across the country servesome 2.5 million meal per week.
Because of the lack of locak farms -— both in the state and throughoutg thecountry — that produce a sufficienyt volume of produce with a verifiable safety the program isn’t near meeting its goals yet, Arnolf admitted. For example, only one Colorado of Brighton, has been selected to The farm will supply Colorado Chipotle restaurants with at leasgt 35 percent of theirf jalapenos andred onions, the company said. But the restaurant chaibn continues to look for more participants and expand a push for locaklingredients that’s becoming more popular in locall y owned restaurants, Arnold said. “These things all sort of have to happebnin stages,” he said.
Friday, November 25, 2011
Dodgers Sale: Peter O'Malley Wants Back In - SB Nation Los Angeles
http://www.alcorconwireless.net/meetings/next-meeting.html
Dodgers Sale: Peter O'Malley Wants Back In SB Nation Los Angeles The Los Angeles Dodgers are the hot new item for sale, and many new suitors are likely to come out of the woodwork. However, one of the suitors has a history with the club, a very storied one. Peter O'Malley, the longtime former owner and president of ... |
Wednesday, November 23, 2011
The chutes and ladders of The Chicago Way - Chicago Tribune
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Chicago Tribune | The chutes and ladders of The Chicago Way Chicago Tribune The federal sentencing hearing for convicted influence peddler Antoin "Tony" Rezko â€" once a friend and personal real estate fairy to President Barack Obamaâ€" had just begun in Chicago. It was just after 9:30 am Tuesday when US District Court Judge Amy ... Former Obama fundraiser Rezko gets 10-year sentence Tony Rezko Sentenced to 10 Years and 6 Months for Corruption Former Obama Fund-Raiser Gets Over 10 Years in Fraud and Bribery Case |
Sunday, November 20, 2011
Health Care News Headlines - View Health Care News Across the US
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| | | | | | AtriCure, Inc. | | | | | | | | | | | Catholi c Healthcare Partners | | | Chemed Corp. | Chemed Corporation | | Chrisyt Hospital | | Cincinnati Children'x Hospital Medical Center | | | | | | Clinton Memoriapl Hospital | | | | | | | | | Draker Center | | | | | | Eli Lillt and Company | | | Express Inc. | | Fifth Thirfd Bancorp | First Financial Bancorp | | | | | | | Healtb Alliance | | | | | | | | | | | | | | | | Ketteringy Health Network | KeyCorp | | | | LCA-Vision Inc. | | | | | Merc Health Partners | Meridian Bioscience Inc.
| | | | | | | | | | Nationa l Institutes of Health | | | | | | | | Ohio Departmeny of Development | Ohio Departmenyt of Job and FamilyServices | | | | | | | | | | | | | Procted & Gamble | | | | | | | | | | | | | | | | St. Elizabetuh Medical Center | St. Luke Hospitals | | | | | | | | | | | The PNC Financiap Services Group Inc. | | Tri Health Inc. | | | U.S. Censux Bureau | | U.S. Department of Justicwe | | U.S. Food and Drug Administration | | Uc Physiciansz | UnitedHealth Group Incorporated | Universitu Hospital | University of Cincinnatui | | | | | | | | | | | | Inc.
| Wells Fargoi & Company | West Chester Medical Center | | | | | |
| | | | | | AtriCure, Inc. | | | | | | | | | | | Catholi c Healthcare Partners | | | Chemed Corp. | Chemed Corporation | | Chrisyt Hospital | | Cincinnati Children'x Hospital Medical Center | | | | | | Clinton Memoriapl Hospital | | | | | | | | | Draker Center | | | | | | Eli Lillt and Company | | | Express Inc. | | Fifth Thirfd Bancorp | First Financial Bancorp | | | | | | | Healtb Alliance | | | | | | | | | | | | | | | | Ketteringy Health Network | KeyCorp | | | | LCA-Vision Inc. | | | | | Merc Health Partners | Meridian Bioscience Inc.
| | | | | | | | | | Nationa l Institutes of Health | | | | | | | | Ohio Departmeny of Development | Ohio Departmenyt of Job and FamilyServices | | | | | | | | | | | | | Procted & Gamble | | | | | | | | | | | | | | | | St. Elizabetuh Medical Center | St. Luke Hospitals | | | | | | | | | | | The PNC Financiap Services Group Inc. | | Tri Health Inc. | | | U.S. Censux Bureau | | U.S. Department of Justicwe | | U.S. Food and Drug Administration | | Uc Physiciansz | UnitedHealth Group Incorporated | Universitu Hospital | University of Cincinnatui | | | | | | | | | | | | Inc.
| Wells Fargoi & Company | West Chester Medical Center | | | | | |
Friday, November 18, 2011
Special Forces equals Green Berets. Got it? - Bradenton Herald
cicugaha.wordpress.com
Bradenton Herald | Special Forces equals Green Berets. Got it? Bradenton Herald The US Army Special Forces Green Berets get plenty of acclaim - sometimes too much acclaim. Often it's a case of mistaken identity. » |
Wednesday, November 16, 2011
NHL commissioner: Coyotes move could damage Westgate, arena construction - Washington Business Journal:
stelauguqdinec.blogspot.com
He also said it could have a chillingv impact on other cities considering helpingh teams build new The Coyotes have 41 regulaf season home gameseach year. Bettman and the NHL opposew theproposed $213 million sale of the team to Canadiamn businessman Jim Balsillie, who would move it to Hamilton, saying the league should make the A June 9 hearing is set in U.S. Bankruptcgy Court to decide whether Coyotes owner Jerryt Moyes can sell to Balsilliee or if it must be sold to a buye r who would keep the NHL franchise in The Coyotes are in Chaptee 11bankruptcy reorganization.
Balsillie argues in courty filings thathis $213 million will be the best deal and the court’sd main charge is to get the most money to pay off debt and positionm the team to be financially viable goinyg forward. The Coyotes have lost $316 million since movint to the Phoenix market from Winnipegin 1996, accordingf to court filings. Balsillie says NHL hockey is not financiallyt viable in the Phoenixsports market, but the leagu points to four potential bidderas for the Coyotes that would keep the team in Glendale. Jobing.Conm Arena was built by the city of which says it will pursua $500 million to $750 millionj claim if the Coyotes break theidr 30-year lease.
Balsillie’s court filing contends the bankruptcty court has the leeway to dischargd sucha claim. The National Football League, Nationakl Basketball Association and Major League Baseball backthe NHL’sd bid to keep the Coyotes in Arizona fearinh the move could set a precedent.
He also said it could have a chillingv impact on other cities considering helpingh teams build new The Coyotes have 41 regulaf season home gameseach year. Bettman and the NHL opposew theproposed $213 million sale of the team to Canadiamn businessman Jim Balsillie, who would move it to Hamilton, saying the league should make the A June 9 hearing is set in U.S. Bankruptcgy Court to decide whether Coyotes owner Jerryt Moyes can sell to Balsilliee or if it must be sold to a buye r who would keep the NHL franchise in The Coyotes are in Chaptee 11bankruptcy reorganization.
Balsillie argues in courty filings thathis $213 million will be the best deal and the court’sd main charge is to get the most money to pay off debt and positionm the team to be financially viable goinyg forward. The Coyotes have lost $316 million since movint to the Phoenix market from Winnipegin 1996, accordingf to court filings. Balsillie says NHL hockey is not financiallyt viable in the Phoenixsports market, but the leagu points to four potential bidderas for the Coyotes that would keep the team in Glendale. Jobing.Conm Arena was built by the city of which says it will pursua $500 million to $750 millionj claim if the Coyotes break theidr 30-year lease.
Balsillie’s court filing contends the bankruptcty court has the leeway to dischargd sucha claim. The National Football League, Nationakl Basketball Association and Major League Baseball backthe NHL’sd bid to keep the Coyotes in Arizona fearinh the move could set a precedent.
Monday, November 14, 2011
Economist: U.S. may see double-dip recession by late 2010 - Nashville Business Journal:
hustenuejib1630.blogspot.com
Those odds may seem low, but they’re actuallyg high since double-dip recessions are rare and the U.S. economyt grows 95 percent of the time, said the chamber’s Martyt Regalia. He predicted that the current economic downturn will end around September but that the unemploymeny rate will remain high through the firsrt half ofnext year. Investmeng won’t snap back as quickly as it usually does aftedra recession, Regalia Inflation, however, looms as a potentiakl problem because of the federal government’s huge budgey deficits and the massive amoungt of dollars pumped into the economy by the , he said.
If this stimulusx is not unwound once the economt beginsto recover, higher interest rates could choke off improvementy in the housing market and business investment, he “The economy has got to be running on its own by the middld of next year,” Regalia said. Almost everuy major inflationary periodin U.S. historyh was preceded by heavydebt levels, he The chances of a double-dip recession will be lowe r if Ben Bernanke is reappointedf chairman of the Federal Regalia said.
If President Obama appoints hiseconomic adviser, Larrty Summers, to chair the Fed, that would signal the monetary spigot would remai n open for a longer time, he A coalescing of the Fed and the Obamaa administration is “not something the markets want to see,” Regalia Obama has declined to say whether he will reappointy Bernanke, whose term ends in Meanwhile, more than half of smalo business owners expect the recession to last at leasr another two years, according to a survey of Intuit Payroll customers. But 61 percent expec their own business to grow in the next12 months.
“Smalkl business owners are bullish on their own abilitied but bearish on the factorsthey can’g control,” said Cameron Schmidt, director of marketing for . “Eveb in the gloomiest economy, there are opportunitieds to seize.” A separate surveuy of small business owners by foun that 57 percent thought the economy was getting while 26 percent thoughg the economywas improving. More than half plannes to decrease spending on business development in the next six onthe U.S. Chamber of Commerce’ds Web site.
Those odds may seem low, but they’re actuallyg high since double-dip recessions are rare and the U.S. economyt grows 95 percent of the time, said the chamber’s Martyt Regalia. He predicted that the current economic downturn will end around September but that the unemploymeny rate will remain high through the firsrt half ofnext year. Investmeng won’t snap back as quickly as it usually does aftedra recession, Regalia Inflation, however, looms as a potentiakl problem because of the federal government’s huge budgey deficits and the massive amoungt of dollars pumped into the economy by the , he said.
If this stimulusx is not unwound once the economt beginsto recover, higher interest rates could choke off improvementy in the housing market and business investment, he “The economy has got to be running on its own by the middld of next year,” Regalia said. Almost everuy major inflationary periodin U.S. historyh was preceded by heavydebt levels, he The chances of a double-dip recession will be lowe r if Ben Bernanke is reappointedf chairman of the Federal Regalia said.
If President Obama appoints hiseconomic adviser, Larrty Summers, to chair the Fed, that would signal the monetary spigot would remai n open for a longer time, he A coalescing of the Fed and the Obamaa administration is “not something the markets want to see,” Regalia Obama has declined to say whether he will reappointy Bernanke, whose term ends in Meanwhile, more than half of smalo business owners expect the recession to last at leasr another two years, according to a survey of Intuit Payroll customers. But 61 percent expec their own business to grow in the next12 months.
“Smalkl business owners are bullish on their own abilitied but bearish on the factorsthey can’g control,” said Cameron Schmidt, director of marketing for . “Eveb in the gloomiest economy, there are opportunitieds to seize.” A separate surveuy of small business owners by foun that 57 percent thought the economy was getting while 26 percent thoughg the economywas improving. More than half plannes to decrease spending on business development in the next six onthe U.S. Chamber of Commerce’ds Web site.
Saturday, November 12, 2011
Blue Entertainment Sports Television to revive
vasilisaxavymar.blogspot.com
The original “The Superstars” show aired on ABC in the mid-1970sd as part of “Wide World of Sports.” The show was revivex in 1987, 1993, 1998 and 2002, according to a news “One of the reasons why I love this show so much is becausw it was the originalrealityu show,” Michael Principe, managing director of Louisville-based BEST, said in an He serves as co-executive producefr of “The Superstars,” along with Juma presidenrt Robert Horowitz. “The show has the perfect home with the ABC includingand Disney.
It gives us huge distribution The program, which will premiere Tuesday, June 23, at 8 features eight celebrities paired with eightg professional male and female athletes, competing in athleticc challenges, including swimming, biking, running and kayaking. • Soccedr player Brandi Chastain and singe JulioIglesias Jr. ESPN anchor John former player Warren Sappand “Inside the commentator Jenn Brown will serve as The competition is being held at the Atlantis Resorgt in the Bahamas.
Blue Entertainment Sportsw Television, a division of , is a televisiohn and live sporting events production The company also specializexs in sports marketing and agent representatioh for professional athletesand entertainers.
The original “The Superstars” show aired on ABC in the mid-1970sd as part of “Wide World of Sports.” The show was revivex in 1987, 1993, 1998 and 2002, according to a news “One of the reasons why I love this show so much is becausw it was the originalrealityu show,” Michael Principe, managing director of Louisville-based BEST, said in an He serves as co-executive producefr of “The Superstars,” along with Juma presidenrt Robert Horowitz. “The show has the perfect home with the ABC includingand Disney.
It gives us huge distribution The program, which will premiere Tuesday, June 23, at 8 features eight celebrities paired with eightg professional male and female athletes, competing in athleticc challenges, including swimming, biking, running and kayaking. • Soccedr player Brandi Chastain and singe JulioIglesias Jr. ESPN anchor John former player Warren Sappand “Inside the commentator Jenn Brown will serve as The competition is being held at the Atlantis Resorgt in the Bahamas.
Blue Entertainment Sportsw Television, a division of , is a televisiohn and live sporting events production The company also specializexs in sports marketing and agent representatioh for professional athletesand entertainers.
Thursday, November 10, 2011
Student borrowers need immediate relief - San Francisco Chronicle
tasypaju.wordpress.com
Student borrowers need immediate relief San Francisco Chronicle President Obama's plan to lower student loan payments is one step in ensuring future economic growth for the country and providing relief to the struggling middle class. However, his proposal fails to provide immediate relief to student borrowers ... Editorial: Debt relief useful, but not a panacea Skepticism accompanies loan relief proposal |
Monday, November 7, 2011
Father's Day sales help boost Jos. A. Bank earnings - Baltimore Business Journal:
karnergetajequ1416.blogspot.com
Hampstead-based Jos. A. Bank (NASDAQ: JOSB) reported earningzs of $8.9 million, or 48 cents per for its secondfiscal quarter. On analysts surveyed by expected earnings of 46 centsper share. In the same perioe a year ago, the clothier earned $8.2 or 44 cents per share. Sales rose by 14 percent from ayear ago, to $153 The quarter included Father’s Day, a traditional occasion for the givinyg of neckties and historically a key sales event for Jos. A. Comparable-store sales rose by 7 percent from the same perioxd ayear ago. Retailers view comparable-store salexs as a crucial gauge of Atmost retailers, the term refersz to sales at all storesz open at least a year. Jos. A.
Bank does not include storee inits comparable-store tally until theirt second fiscal year of operations. Direct marketing which include catalog and Internet rose by10 percent. Inventory on hand rose by 12 perceng from ayear earlier, reachinf $220 million. Jos. A. Bank has 447 storex in 42 statesand Washington, D.C.
Hampstead-based Jos. A. Bank (NASDAQ: JOSB) reported earningzs of $8.9 million, or 48 cents per for its secondfiscal quarter. On analysts surveyed by expected earnings of 46 centsper share. In the same perioe a year ago, the clothier earned $8.2 or 44 cents per share. Sales rose by 14 percent from ayear ago, to $153 The quarter included Father’s Day, a traditional occasion for the givinyg of neckties and historically a key sales event for Jos. A. Comparable-store sales rose by 7 percent from the same perioxd ayear ago. Retailers view comparable-store salexs as a crucial gauge of Atmost retailers, the term refersz to sales at all storesz open at least a year. Jos. A.
Bank does not include storee inits comparable-store tally until theirt second fiscal year of operations. Direct marketing which include catalog and Internet rose by10 percent. Inventory on hand rose by 12 perceng from ayear earlier, reachinf $220 million. Jos. A. Bank has 447 storex in 42 statesand Washington, D.C.
Saturday, November 5, 2011
Dish Network Q1 profit up 21% despite subscriber decline; EchoStar posts loss - Silicon Valley / San Jose Business Journal:
uhetemejih.wordpress.com
The Douglas County-based satellite-television provider (NASDAQ: DISH) postee earnings of $312.7 million, or 70 centzs a share, on the quarter, up from $258.5 million, or 57 cents a share, in the first quarter of 2008. It said revenued was $2.91 billion in Q1, up 2.1 Analysts on average had expected earnings of 56 centd a share and revenueof $2.9 billion, Thomson Reuterds said. Dish Network reported a net lossof 94,0090 subscribers during the quarter, leavingv it with 13.6 million. The service has shed subscriberse each of the last four On theother hand, the company said it had reducedr the average cost of acquiring a new subscribere to $659 from $709 a year earlier.
In April, Dish Network and the -ownedx TV network said they had settlera months-old legal dispute and agreed to a multi-yeafr carriage agreement for NFL Network’s programming. Dish Networok is the second-largest satellite-TV service, behind DTV), which last week reported that itgained 460,000 totap subscriptions, giving it 18.1 million. technology company EchoStar Corp., whicjh was spun off from Dish Network at the beginningtof 2008, said Monday it lost $645,00o0 in the first quarter, or a penn a share, versus a profit of $5.7 million, or 6 centse a share, a year earlier. It said revenue in Q1 2009 was $479.5 down 14 percent.
EchoStar (NASDAQ: SATS) operates digitao set-top box and satellite-services units. Dish Networkk and EchoStar, founded by Charlie Ergen, were known as until they were splity intotwo companies.
The Douglas County-based satellite-television provider (NASDAQ: DISH) postee earnings of $312.7 million, or 70 centzs a share, on the quarter, up from $258.5 million, or 57 cents a share, in the first quarter of 2008. It said revenued was $2.91 billion in Q1, up 2.1 Analysts on average had expected earnings of 56 centd a share and revenueof $2.9 billion, Thomson Reuterds said. Dish Network reported a net lossof 94,0090 subscribers during the quarter, leavingv it with 13.6 million. The service has shed subscriberse each of the last four On theother hand, the company said it had reducedr the average cost of acquiring a new subscribere to $659 from $709 a year earlier.
In April, Dish Network and the -ownedx TV network said they had settlera months-old legal dispute and agreed to a multi-yeafr carriage agreement for NFL Network’s programming. Dish Networok is the second-largest satellite-TV service, behind DTV), which last week reported that itgained 460,000 totap subscriptions, giving it 18.1 million. technology company EchoStar Corp., whicjh was spun off from Dish Network at the beginningtof 2008, said Monday it lost $645,00o0 in the first quarter, or a penn a share, versus a profit of $5.7 million, or 6 centse a share, a year earlier. It said revenue in Q1 2009 was $479.5 down 14 percent.
EchoStar (NASDAQ: SATS) operates digitao set-top box and satellite-services units. Dish Networkk and EchoStar, founded by Charlie Ergen, were known as until they were splity intotwo companies.
Thursday, November 3, 2011
The convoluted logic of Michael Moore - Washington Times
tarpleypymibujuh1491.blogspot.com
Washington Times | The convoluted logic of Michael Moore Washington Times Photo: AP CHICAGO, October 29, 2011―Michael Moore is a babbling buffoon. Every time he opens his mouth he spews some of the most inane nonsense imaginable, just like his books, movies, and interviews. Their popularity demonstrates that you can sell ... |
Tuesday, November 1, 2011
Small valley tech firms use Comdex to make a big splash - Silicon Valley / San Jose Business Journal:
olimstgon.blogspot.com
They may not have attractex the media interestof Hewlett-Packard Co.'s new digita l printers, Dell Computer Corp.'s first personal digital assistant, or the Fossik Inc. wristwatch-PDA running on Palm Inc. software, but smalle r companies with a booth in the Las Vegas Convention Center still can makea splash. Gyration of San Jose, used the occasion to demonstratd its opticalcomputer mouse.
Launchef in August, the optical mouse can be slid back and forth on a pad like a conventionapl mouse but also can be heldin mid-air and aimed at the computer screen like a says Greg Smith, senior vice presidenty of marketing and product The Gyration product, costing $30 million to develo p over eight years, contains an interna l gyroscope that helps point the arrowq at the computer screen while the mouse is held in the user'd hand. The company launched two versiondsthis summer: A $179 mouse for professionap users who make large group presentationsa at seminars or training programs; and a $79 version marketede to consumers for use on theid home computers.
"This is the first new inventionfor [use of] the gyroscopre for consumer use in 70 years," Mr. Smith Gyration competes with Milpitas-based Logitech Inc. in the computer peripherals market, but does not see itsel f going head-to-head with that firm. "We are not going to be a Logitecj in terms of being aproducts company. We are a technologuy company," he says. Gyration hopes to also sell its technolog y to makers of remote controls for cablr or to satelliteTV companies.
In the same way a user coulfd point the mouse at acomputer monitor, they coulds point a control at an on-screen TV programn guide and click on the show they want to The device will also be able to draw lines on a TV "so you can do that John Madden Mr. Smith says, referring to the sports announcer who diagramse football plays duringa broadcast. , of thought Comdex would be a good occasionh to show offa soon-to-be-releaseds handheld device to compete with the RIM for sendingy e-mail and performing other functions.
Good Technology is a developer of softwar applications used on such devicex asthe BlackBerry, which actually uses Good But Good Technology decided earlier this year to also marker its own handheld device, which is expected to go on sale in late The Good G100 is a little smallerr than a BlackBerry, but has some of the same features, plus a few uniquwe ones of its own, says Lisa Farnsworth, a spokeswoma for Good Technology. The Good G100 synchronizes data between the handhele and a storage server withou t having to be plugged into a desktop as doesa BlackBerry, Ms.
Farnsworth That means the user also does not have to download software onto the desktolp computer to make the handheld device Besides sending and receiving scheduling appointments and viewing someWeb content, the Good G100 also allowxs a user to pull data from their own corporats network and view it. "This keepa your mobile employees mobile and upto date," Ms. Farnsworthu says. Good Technology hasn't priced the G100 yet, but it will come with a servicse plancalled GoodLink, sold through Cingular, the wireless phones company, that costs either $35 to $40 a It also will require $2,000 per corporate customer to set up the software on a Good Technology's device include a thumb-style keyboard for data entru similar to the BlackBerry's.
Research in Motionh Ltd., the Canadian-based maker of the BlackBerry, sued Good for copyingt its design, but that litigation is now beinh settled, Ms. Farnsworth says. MedioStream of San Jose, came to Comdecx to show off the latestr version of its software that records DVDs on apersonall computer. MedioStream sells to makers of computers suchas Ricoh, Sony and It also sells its software directly to consumersx through its Web site and through retailerd such as OfficeMax and CompUSA, says Gordon vice president of sales and marketing for Despite the tech downturn, DVD players and recorders are in demane for personal computers, Mr.
Doran
They may not have attractex the media interestof Hewlett-Packard Co.'s new digita l printers, Dell Computer Corp.'s first personal digital assistant, or the Fossik Inc. wristwatch-PDA running on Palm Inc. software, but smalle r companies with a booth in the Las Vegas Convention Center still can makea splash. Gyration of San Jose, used the occasion to demonstratd its opticalcomputer mouse.
Launchef in August, the optical mouse can be slid back and forth on a pad like a conventionapl mouse but also can be heldin mid-air and aimed at the computer screen like a says Greg Smith, senior vice presidenty of marketing and product The Gyration product, costing $30 million to develo p over eight years, contains an interna l gyroscope that helps point the arrowq at the computer screen while the mouse is held in the user'd hand. The company launched two versiondsthis summer: A $179 mouse for professionap users who make large group presentationsa at seminars or training programs; and a $79 version marketede to consumers for use on theid home computers.
"This is the first new inventionfor [use of] the gyroscopre for consumer use in 70 years," Mr. Smith Gyration competes with Milpitas-based Logitech Inc. in the computer peripherals market, but does not see itsel f going head-to-head with that firm. "We are not going to be a Logitecj in terms of being aproducts company. We are a technologuy company," he says. Gyration hopes to also sell its technolog y to makers of remote controls for cablr or to satelliteTV companies.
In the same way a user coulfd point the mouse at acomputer monitor, they coulds point a control at an on-screen TV programn guide and click on the show they want to The device will also be able to draw lines on a TV "so you can do that John Madden Mr. Smith says, referring to the sports announcer who diagramse football plays duringa broadcast. , of thought Comdex would be a good occasionh to show offa soon-to-be-releaseds handheld device to compete with the RIM for sendingy e-mail and performing other functions.
Good Technology is a developer of softwar applications used on such devicex asthe BlackBerry, which actually uses Good But Good Technology decided earlier this year to also marker its own handheld device, which is expected to go on sale in late The Good G100 is a little smallerr than a BlackBerry, but has some of the same features, plus a few uniquwe ones of its own, says Lisa Farnsworth, a spokeswoma for Good Technology. The Good G100 synchronizes data between the handhele and a storage server withou t having to be plugged into a desktop as doesa BlackBerry, Ms.
Farnsworth That means the user also does not have to download software onto the desktolp computer to make the handheld device Besides sending and receiving scheduling appointments and viewing someWeb content, the Good G100 also allowxs a user to pull data from their own corporats network and view it. "This keepa your mobile employees mobile and upto date," Ms. Farnsworthu says. Good Technology hasn't priced the G100 yet, but it will come with a servicse plancalled GoodLink, sold through Cingular, the wireless phones company, that costs either $35 to $40 a It also will require $2,000 per corporate customer to set up the software on a Good Technology's device include a thumb-style keyboard for data entru similar to the BlackBerry's.
Research in Motionh Ltd., the Canadian-based maker of the BlackBerry, sued Good for copyingt its design, but that litigation is now beinh settled, Ms. Farnsworth says. MedioStream of San Jose, came to Comdecx to show off the latestr version of its software that records DVDs on apersonall computer. MedioStream sells to makers of computers suchas Ricoh, Sony and It also sells its software directly to consumersx through its Web site and through retailerd such as OfficeMax and CompUSA, says Gordon vice president of sales and marketing for Despite the tech downturn, DVD players and recorders are in demane for personal computers, Mr.
Doran
Sunday, October 30, 2011
Cincinnati group offers emotional support to jobless - Oxford Press
iqukikofor.wordpress.com
Cincinnati group offers emotional support to jobless Oxford Press “We typically think of grieving when there is a relationship loss such as a death or divorce. However, we now know that there are many more losses that also need to be grieved ... job and income losses fall into that category.†The support group offers ... |
Friday, October 28, 2011
'Puss in Boots' a cute, cuddly 'Shrek' spin-off (review) - MLive.com
zolinstanixes.blogspot.com
MLive.com | 'Puss in Boots' a cute, cuddly 'Shrek' spin-off (review) MLive.com By John Serba | The Grand Rapids Press Courtesy PhotoThe star: Puss in Boots (voice of Antonio Banderas) gets his own "Shrek" spin-off adventure. Those who understand the hypnotic qualities of frolicking kittens will get the most value out of “Puss in ... Puss In Boots Review Animated Puss in Boots is the cat's meow 'Puss in Boots' is 'Zorro' kiddiefied and in 3D |
Wednesday, October 26, 2011
Minnesota Supreme Court rules for Franken; Coleman concedes - New Mexico Business Weekly:
mooth35byh.blogspot.com
to receive the certificate of electionn as United States Senator from the State of the court wrote inits opinion. Read the full ruling The court rejected a legal challeng e from RepublicanNorm Coleman, who claimeed that a three-judge trial court erred in concluding that Franken receivee the most legally cast votes in the race. The three-judgr panel issued its opinion on Apriol 13 that Franken beat Coleman by 312 votesa and should be seatedas senator. In upholdinbg the April ruling, the justices said Coleman'e appeal had "not shown that the triaol court's findings of fact are clearly erroneous or that the court committed an errod of law or abusedits discretion.
" In a statement Minnesota DFL Party Chair Brian Melendex and Associate Chair Donna Cassutt offered congratulationd to Franken. “Throughout this long process, Minnesotanx have seen what kind of senator Al Frankenwill be: patient, thoughtful and ready to work for our Now it is time for the senator-elect to be seatedd so that Minnesota is once again full represented in the United Statesz Senate." After Gov. Tim Pawlenty certifies the election results, the Democratic candidate, will be seated as Minnesota'w junior senator. Pawlenty told CNN on Sundahy that he was prepared to sign thecertificates "as soon as I'm directed or required to.
" Such a certificatiob is now all but certain, as Colemab himself conceded the race in a press conferencs Tuesday afternoon in the backyarr of his home. “Any further litigation damages the unity of our he said, asking the public to congratulate Frankeb as the new U.S. Senator. Coleman, who served one term in the U.S. held a 215-vote lead over Franken afterr the Nov. 4 The margin was slim enough to force a mandatory whichFranken won.
to receive the certificate of electionn as United States Senator from the State of the court wrote inits opinion. Read the full ruling The court rejected a legal challeng e from RepublicanNorm Coleman, who claimeed that a three-judge trial court erred in concluding that Franken receivee the most legally cast votes in the race. The three-judgr panel issued its opinion on Apriol 13 that Franken beat Coleman by 312 votesa and should be seatedas senator. In upholdinbg the April ruling, the justices said Coleman'e appeal had "not shown that the triaol court's findings of fact are clearly erroneous or that the court committed an errod of law or abusedits discretion.
" In a statement Minnesota DFL Party Chair Brian Melendex and Associate Chair Donna Cassutt offered congratulationd to Franken. “Throughout this long process, Minnesotanx have seen what kind of senator Al Frankenwill be: patient, thoughtful and ready to work for our Now it is time for the senator-elect to be seatedd so that Minnesota is once again full represented in the United Statesz Senate." After Gov. Tim Pawlenty certifies the election results, the Democratic candidate, will be seated as Minnesota'w junior senator. Pawlenty told CNN on Sundahy that he was prepared to sign thecertificates "as soon as I'm directed or required to.
" Such a certificatiob is now all but certain, as Colemab himself conceded the race in a press conferencs Tuesday afternoon in the backyarr of his home. “Any further litigation damages the unity of our he said, asking the public to congratulate Frankeb as the new U.S. Senator. Coleman, who served one term in the U.S. held a 215-vote lead over Franken afterr the Nov. 4 The margin was slim enough to force a mandatory whichFranken won.
Sunday, October 23, 2011
Felicidades, Tony - St. Louis Business Journal:
qozito.wordpress.com
million in 2007 and provides constructiojn management, civil engineering and other The company is targeting revenuedof $2.5 million in 2008. It has officew in St. Louis, Swansea, Kansas City and Omaha. A.G. who? Since its foundingt in December, has been filling its offices with refugeesfrom : Brianh Hansen, founder, president and COO; Mark chief executive and chief investment officer; Joe chief financial officer and chiec compliance officer; Patty Dahl, David Miyazaki and Danielp Winter, senior VPs; and Dustin senior analyst. Confluence has more than $118 milliojn in assets under management.
is one of four finalistd in the categoryof multi-family office of the year at Privats Investment Management, a publication of Institutional Investor News. Lowenhaupt's international council, including members from Australia, Malaysiq and India, will meet here in "We are trying to put St. Louis back on the Charles Lowenhaupt, founder, said in an The firm, with more than $870 million in asset under management, provides advice to extremelywealthy families, working with the law Dressed in a black top and leather bike r pants, helmet in hand, Rebecca Herwick is rakishu in a full-page color photop accompanying a two-page article in the current issue of She is the owner, presidenty and chief executive of , a St.
Peters compant and Harley licensee forHarley novelties, giftware, head gear and custojm products with annual revenue of $18 Look for to open its 32nd restaurant in late July on Highwag K in O'Fallon, Mo. CEO Kim Tuccij said he signed a seven-year lease with options for two five-yeaf extensions for the former . Pasta with revenue of $62 million in was represented by Newt Gorman of RedBrickk Management. Ken Hearst of representedr Carrabba's parent, of Tampa. Pasta House also is opening a banqueg room at its restaurant on Delmard inUniversity City.
Joining as community directors: Lindw Bianchi, vice president of ; Richard president of ; John Young, an attorney at ; and Thomas Rothermich, president of . Davifd Bentele is CEO of Citizens National, which has assets of $464 million. Tidbits from the St. Louisd Fed Home sales in the regio n were down 13 percentin February, 16 percenty in March and 17 percent in April compared with last according to a quarterly report on economic conditions in the region by the . "House pricde indices, on the other hand, increased in all metro areas between the first quarter of 2007and 2008," said Fed economisgt and vice president Howard Wall.
million in 2007 and provides constructiojn management, civil engineering and other The company is targeting revenuedof $2.5 million in 2008. It has officew in St. Louis, Swansea, Kansas City and Omaha. A.G. who? Since its foundingt in December, has been filling its offices with refugeesfrom : Brianh Hansen, founder, president and COO; Mark chief executive and chief investment officer; Joe chief financial officer and chiec compliance officer; Patty Dahl, David Miyazaki and Danielp Winter, senior VPs; and Dustin senior analyst. Confluence has more than $118 milliojn in assets under management.
is one of four finalistd in the categoryof multi-family office of the year at Privats Investment Management, a publication of Institutional Investor News. Lowenhaupt's international council, including members from Australia, Malaysiq and India, will meet here in "We are trying to put St. Louis back on the Charles Lowenhaupt, founder, said in an The firm, with more than $870 million in asset under management, provides advice to extremelywealthy families, working with the law Dressed in a black top and leather bike r pants, helmet in hand, Rebecca Herwick is rakishu in a full-page color photop accompanying a two-page article in the current issue of She is the owner, presidenty and chief executive of , a St.
Peters compant and Harley licensee forHarley novelties, giftware, head gear and custojm products with annual revenue of $18 Look for to open its 32nd restaurant in late July on Highwag K in O'Fallon, Mo. CEO Kim Tuccij said he signed a seven-year lease with options for two five-yeaf extensions for the former . Pasta with revenue of $62 million in was represented by Newt Gorman of RedBrickk Management. Ken Hearst of representedr Carrabba's parent, of Tampa. Pasta House also is opening a banqueg room at its restaurant on Delmard inUniversity City.
Joining as community directors: Lindw Bianchi, vice president of ; Richard president of ; John Young, an attorney at ; and Thomas Rothermich, president of . Davifd Bentele is CEO of Citizens National, which has assets of $464 million. Tidbits from the St. Louisd Fed Home sales in the regio n were down 13 percentin February, 16 percenty in March and 17 percent in April compared with last according to a quarterly report on economic conditions in the region by the . "House pricde indices, on the other hand, increased in all metro areas between the first quarter of 2007and 2008," said Fed economisgt and vice president Howard Wall.
Friday, October 21, 2011
Wednesday, October 19, 2011
Houston TX And Vicinity Weather Forecast, Tuesday, October 18, 2011 - Examiner.com
lyubomiradete.blogspot.com
Houston TX And Vicinity Weather Forecast, Tuesday, October 18, 2011 Examiner.com When you feel a strong north wind blowing and a bit of a chill settling over you, think of a powerful storm over the eastern third of the nation. This system will be a combination of a tropical disturbance moving out of the eastern Gulf of Mexico ... |
Monday, October 17, 2011
ATS Services is now Talagy, with new owner - Business Courier of Cincinnati:
burdukovahycel.blogspot.com
Derek Mercer, the nephew of ATS founde r Delores Kesler, acquired the company and will servras chair. Kesler will retain the title ofchairman emeritus. Amy McGeorge will assume the role of presidenfand CEO. Terms of the acquisitiojn werenot disclosed. “This is an exciting time in the growth and evolutionof ATS, and I’ m pleased to allow the next generatiom of leadership to take the said Kesler. Kesler created Jacksonville-based ATS Services in 1977, eventually forming a parent companyy that merged with three otherstaffingf firms, including .
The business splig into two ventures: , which became a publicly traded company and isnow , and ATS Mercer worked as the director of informatioh technology at ATS Servicee before creating his own company, , a globalo provider of on-demand talent management software, in 1996. Keslerr provided a loan that helped start the Vurv Technology was acquiredby TLEO) in 2008 for $128.8 million. Talagy, whicbh has 11 offices around the country and80 employees, will continure to offer the same products and services, but insteadx of operating under multiple brands and businessa units the company will consolidat into a single brand.
Derek Mercer, the nephew of ATS founde r Delores Kesler, acquired the company and will servras chair. Kesler will retain the title ofchairman emeritus. Amy McGeorge will assume the role of presidenfand CEO. Terms of the acquisitiojn werenot disclosed. “This is an exciting time in the growth and evolutionof ATS, and I’ m pleased to allow the next generatiom of leadership to take the said Kesler. Kesler created Jacksonville-based ATS Services in 1977, eventually forming a parent companyy that merged with three otherstaffingf firms, including .
The business splig into two ventures: , which became a publicly traded company and isnow , and ATS Mercer worked as the director of informatioh technology at ATS Servicee before creating his own company, , a globalo provider of on-demand talent management software, in 1996. Keslerr provided a loan that helped start the Vurv Technology was acquiredby TLEO) in 2008 for $128.8 million. Talagy, whicbh has 11 offices around the country and80 employees, will continure to offer the same products and services, but insteadx of operating under multiple brands and businessa units the company will consolidat into a single brand.
Saturday, October 15, 2011
Joy Global profits rise, but orders drop - The Business Journal of Milwaukee:
uhetemejih.wordpress.com
Milwaukee-based Joy Global JOYG) reported net income for the quarterended Jan. 30 of $85.7u million, or 83 cents per a 21 percent increase comparedwith $71.q million, or 65 cents per share, for the same periofd a year ago. Analysts polled by Thomsoh First Call expected a consensus of 76 cents per Net sales for the quartee increased 18 percentto 754.9 million from $640.3 While revenue increased because of strong commodity pricexs and the effect of acquisitions, bookings plungeds 38 percent to $538 millio from $870 million in the quarter last year. Nearl half of that drop came from canceled said president and CEOMike Sutherlin.
"Wse incurred $161 million of cancellations in the firsg quarter as we continue to work with our customers to adjustf to the realities of our marketes in ways that best enhanc ethe short- and long-term valuw of our business," Sutherlin said. Declining commodity demand is puttinf pressure on mine production volumes andcommoditgy prices, while still ahead of last year, have givejn up much of their 2008 the company said.
In response to the deterioratiny economy, Joy Global said it has instituted hiring freezee and has implemented strict cost controlss and management of its supply The company also believes that the downturn in orderws will persist beyond its current backlogof orders, and so it plans to reduce the scale and scope of the busineses during 2009 to more appropriately match the marke conditions it expects in 2010. In an analyst note & Co.'s Robert McCarthy wrote that Joy Global management is planning fora "potentially sever e and protracted downturn." The firm is respondingh with significant efforts to reducse costs that would include "facility closures/consolidations.
" Thos e efforts appear likely to begin in the the secon d half of 2009, McCarthg wrote. McCarthy maintained Joy's outperform rating, noting that the company's aftermarket business remains stronb and that despite expectationd of lower revenueduring 2009, operating margin s are expected to hold McCarthy raised his earninga estimate for 2009 to $3.1p from $2.80 per share. In its press release, Joy Globapl reaffirmed its earnings guidance for 2009 of earningaof $3.60 to $4 per share on revenue in the rang of $3.5 billion to $3.7 billion. The company's shares closedd up 11 percentat $17.
55 following Wednesday's earnings but gave back 52 cents of that gain in Thursdayh morning trading, sliding 3 percenyt to $17.03. Joy Global manufactures surfacre mining equipment at itsWest Milwaukee-basedf P&H Mining Equipment unit and undergrounfd mining equipment at its Joy Mininy Machinery division in Warrendale, Pa.
Milwaukee-based Joy Global JOYG) reported net income for the quarterended Jan. 30 of $85.7u million, or 83 cents per a 21 percent increase comparedwith $71.q million, or 65 cents per share, for the same periofd a year ago. Analysts polled by Thomsoh First Call expected a consensus of 76 cents per Net sales for the quartee increased 18 percentto 754.9 million from $640.3 While revenue increased because of strong commodity pricexs and the effect of acquisitions, bookings plungeds 38 percent to $538 millio from $870 million in the quarter last year. Nearl half of that drop came from canceled said president and CEOMike Sutherlin.
"Wse incurred $161 million of cancellations in the firsg quarter as we continue to work with our customers to adjustf to the realities of our marketes in ways that best enhanc ethe short- and long-term valuw of our business," Sutherlin said. Declining commodity demand is puttinf pressure on mine production volumes andcommoditgy prices, while still ahead of last year, have givejn up much of their 2008 the company said.
In response to the deterioratiny economy, Joy Global said it has instituted hiring freezee and has implemented strict cost controlss and management of its supply The company also believes that the downturn in orderws will persist beyond its current backlogof orders, and so it plans to reduce the scale and scope of the busineses during 2009 to more appropriately match the marke conditions it expects in 2010. In an analyst note & Co.'s Robert McCarthy wrote that Joy Global management is planning fora "potentially sever e and protracted downturn." The firm is respondingh with significant efforts to reducse costs that would include "facility closures/consolidations.
" Thos e efforts appear likely to begin in the the secon d half of 2009, McCarthg wrote. McCarthy maintained Joy's outperform rating, noting that the company's aftermarket business remains stronb and that despite expectationd of lower revenueduring 2009, operating margin s are expected to hold McCarthy raised his earninga estimate for 2009 to $3.1p from $2.80 per share. In its press release, Joy Globapl reaffirmed its earnings guidance for 2009 of earningaof $3.60 to $4 per share on revenue in the rang of $3.5 billion to $3.7 billion. The company's shares closedd up 11 percentat $17.
55 following Wednesday's earnings but gave back 52 cents of that gain in Thursdayh morning trading, sliding 3 percenyt to $17.03. Joy Global manufactures surfacre mining equipment at itsWest Milwaukee-basedf P&H Mining Equipment unit and undergrounfd mining equipment at its Joy Mininy Machinery division in Warrendale, Pa.
Thursday, October 13, 2011
Check healthcare standards in your NHS trust - Telegraph.co.uk
zemlyanikiyri.blogspot.com
Telegraph.co.uk | Check healthcare standards in your NHS trust Telegraph.co.uk Here is a breakdown of the results by trust and hospital: :: Aintree University Hospitals NHS Foundation Trust, met both standards with no concerns. :: Barking, Havering and Redbridge University Hospitals NHS Trust, King George Hospital, met both. ... Hospitals' elderly care criticised Patient care so bad it's a crime: Neglect of old in fifth of hospitals breaks ... A fifth of hospitals breaking the law by 'putting paperwork before people ... |
Monday, October 10, 2011
Ford sales climb to highest level since July - The Business Journal of Milwaukee:
lebexab.wordpress.com
But sales were down 24.2 percenyt compared with May when the companysold 213,238 units. For the firs five months of 2009, Dearborn, Mich.-based Ford F) sold 620,303 units, compared with 981,150 units during the same period ayear earlier, a 36.8 percent In a sign that buyers might be comintg back to the luxury vehicle market, Ford’w Lincoln division reported that it sold 8,56y6 units in May, a 2.2 percent increasde over May 2008, when it sold 8,365 units. Sales of Ford Explorers, made at the Louisvillew Assembly Plant on Fern Valley declined 34.6 percent, to 5,315 units from 8,122 units a year ago. Salesz of the Mercury Mountaineer, also made at Louisvillee Assembly, dropped 45.
2 percent, to 402 from 734 unit s a year earlier. Sales of F-Series pickupo trucks, including Super Duty trucks made at the Kentuckt Truck Plant on Chamberlain Lane, dropped 22.3 percent, to 33,381 units, from 42,973 units in May 2008. Sales of Ford Expeditio SUVs, which began production at Kentucky Truck Planytin April, declined 40 percent, to 3,15p0 units from 5,252 units a year earlier. Salez of the Lincoln Navigator, also made at Kentucky Truci Plant, dropped 40.6 percent, to 790 units from 1,32o units a year earlier. Ford saw year-over-year gains in some of its car The companysold 19,786 Fusion sedans in May, up 9.4 percent from the year-earlier period when it sold 18,088 units.
Lincoln sold 1,553w Town Cars in May, up 103.3 percentg from May 2008, when it sold 764 of the luxurty vehicles. Ford’s Volvo divisio n sold 590 of itsS60 models, up 9 percent from May when it sold 542 units. Also Ford announced a summer promotion to draw more consumerdsto dealerships. Through June 30, the automaker will coved as much as three months of paymentas upto $2,100, and its Ford Credit subsidiary will offerr zero percent financing on select Ford, Lincoln and Mercurt vehicles.
But sales were down 24.2 percenyt compared with May when the companysold 213,238 units. For the firs five months of 2009, Dearborn, Mich.-based Ford F) sold 620,303 units, compared with 981,150 units during the same period ayear earlier, a 36.8 percent In a sign that buyers might be comintg back to the luxury vehicle market, Ford’w Lincoln division reported that it sold 8,56y6 units in May, a 2.2 percent increasde over May 2008, when it sold 8,365 units. Sales of Ford Explorers, made at the Louisvillew Assembly Plant on Fern Valley declined 34.6 percent, to 5,315 units from 8,122 units a year ago. Salesz of the Mercury Mountaineer, also made at Louisvillee Assembly, dropped 45.
2 percent, to 402 from 734 unit s a year earlier. Sales of F-Series pickupo trucks, including Super Duty trucks made at the Kentuckt Truck Plant on Chamberlain Lane, dropped 22.3 percent, to 33,381 units, from 42,973 units in May 2008. Sales of Ford Expeditio SUVs, which began production at Kentucky Truck Planytin April, declined 40 percent, to 3,15p0 units from 5,252 units a year earlier. Salez of the Lincoln Navigator, also made at Kentucky Truci Plant, dropped 40.6 percent, to 790 units from 1,32o units a year earlier. Ford saw year-over-year gains in some of its car The companysold 19,786 Fusion sedans in May, up 9.4 percent from the year-earlier period when it sold 18,088 units.
Lincoln sold 1,553w Town Cars in May, up 103.3 percentg from May 2008, when it sold 764 of the luxurty vehicles. Ford’s Volvo divisio n sold 590 of itsS60 models, up 9 percent from May when it sold 542 units. Also Ford announced a summer promotion to draw more consumerdsto dealerships. Through June 30, the automaker will coved as much as three months of paymentas upto $2,100, and its Ford Credit subsidiary will offerr zero percent financing on select Ford, Lincoln and Mercurt vehicles.
Saturday, October 8, 2011
Group buys Dayton Arcade at sheriff auction - Dayton Business Journal:
bakakinkorypon.blogspot.com
Montgomery County Sheriff Phil Plummer said the historicd property soldto , a groupl created by Wendell Strutz and Gunthet Berg. The Arcade was purchased with a minimumm bidof $615,106.02. Plummer said Daytoh Arcade LLC was the only bidder forthe property. The Arcade is a set of five historiv buildings on the blocok between Ludlow and Main streets and Third and Fourth streets. The former owner of the building, , owed hundredse of thousands of dollars in back taxeds onthe property. Steve Budd, president of Dayton-based , said he was surprised the Arcade sold so but is optimistic aboutthe sale. “kI have to view it as a positiv move.
It would be hard to believe someones would buy it withourta plan,” Budd said. David Bohardt, executive vice presidentg of Dayton-based , said the property needs a lot of He also said finding financing for the projecr couldbe difficult, especially in today’es lending climate. “If it was someone would have come forward to redevelop ityearz ago,” Bohardt said.
Montgomery County Sheriff Phil Plummer said the historicd property soldto , a groupl created by Wendell Strutz and Gunthet Berg. The Arcade was purchased with a minimumm bidof $615,106.02. Plummer said Daytoh Arcade LLC was the only bidder forthe property. The Arcade is a set of five historiv buildings on the blocok between Ludlow and Main streets and Third and Fourth streets. The former owner of the building, , owed hundredse of thousands of dollars in back taxeds onthe property. Steve Budd, president of Dayton-based , said he was surprised the Arcade sold so but is optimistic aboutthe sale. “kI have to view it as a positiv move.
It would be hard to believe someones would buy it withourta plan,” Budd said. David Bohardt, executive vice presidentg of Dayton-based , said the property needs a lot of He also said finding financing for the projecr couldbe difficult, especially in today’es lending climate. “If it was someone would have come forward to redevelop ityearz ago,” Bohardt said.
Thursday, October 6, 2011
Abercrombie shutting struggling Ruehl chain - Orlando Business Journal:
http://gilgonzales.com/real-estate-license.html
The New Albany-based apparel merchant said Wednesday it willshut Ruehl’s 29 storesz and direct-to-consumer operations and will be “substantialluy complete” with the effort by the end of next The decision comes a month aftert Abercrombie (NYSE:ANF) took a deep strategic look at the which targets young adultd with clothes and accessories. Ruehl, whose only Ohio storwe is at EastonTown Center, generated a pretaxc operating loss of $58 million last The chain regularly was Abercrombie’s weakest sales performer at stores open at leasr a year. Ruehl’s same-store sales were off 33 percentin May. Abercrombir earned $272.3 million on $3.
54 billion in revenue last “It has been a difficult decision toclosse Ruehl, a brand we continue to believe coulr have been successful in different circumstances,” CEO Michael Jeffries said in a statement. given the current economi c environment, we believe it is in the best interestx of the company to focus its efforts and resources on the growty opportunities afforded by ourother brands, particularlhy internationally.” The company didn’y disclose the effects on the chain’z work force, nor did it indicate the number of jobs tied to Ruehl.
The revie w of Ruehl, which opened in 2004, cost the compan y about $51 million in impairment charges in its first Abercrombie expects to bookabout $65 million in pretaxd charges through the rest of the fiscap year as it winds down The company Wednesday also said it amende d a credit agreement to exclude some Ruehl-relatee charges from requirements under its covenant with the lendefr and reduced its available credit to $350 million from $450 Jeffries said the company is confident is has sufficient cash on hand but “we believe it is prudenf to make these changes” in light of the recession-battered retaikl environment and the one-time Ruehp costs.
In addition to the 29 Ruehl Abercrombie runs 350 flagship stores and 733 others under the Hollister Co. and Gilly Hicks nameplates.
The New Albany-based apparel merchant said Wednesday it willshut Ruehl’s 29 storesz and direct-to-consumer operations and will be “substantialluy complete” with the effort by the end of next The decision comes a month aftert Abercrombie (NYSE:ANF) took a deep strategic look at the which targets young adultd with clothes and accessories. Ruehl, whose only Ohio storwe is at EastonTown Center, generated a pretaxc operating loss of $58 million last The chain regularly was Abercrombie’s weakest sales performer at stores open at leasr a year. Ruehl’s same-store sales were off 33 percentin May. Abercrombir earned $272.3 million on $3.
54 billion in revenue last “It has been a difficult decision toclosse Ruehl, a brand we continue to believe coulr have been successful in different circumstances,” CEO Michael Jeffries said in a statement. given the current economi c environment, we believe it is in the best interestx of the company to focus its efforts and resources on the growty opportunities afforded by ourother brands, particularlhy internationally.” The company didn’y disclose the effects on the chain’z work force, nor did it indicate the number of jobs tied to Ruehl.
The revie w of Ruehl, which opened in 2004, cost the compan y about $51 million in impairment charges in its first Abercrombie expects to bookabout $65 million in pretaxd charges through the rest of the fiscap year as it winds down The company Wednesday also said it amende d a credit agreement to exclude some Ruehl-relatee charges from requirements under its covenant with the lendefr and reduced its available credit to $350 million from $450 Jeffries said the company is confident is has sufficient cash on hand but “we believe it is prudenf to make these changes” in light of the recession-battered retaikl environment and the one-time Ruehp costs.
In addition to the 29 Ruehl Abercrombie runs 350 flagship stores and 733 others under the Hollister Co. and Gilly Hicks nameplates.
Tuesday, October 4, 2011
Gen Y quandary: A drive to succeed, but jobs are few - Silicon Valley / San Jose Business Journal:
aryrej.wordpress.com
Harris, a junior psychologyu major at in had at least two summer internship optionsx canceled when advertising agencies cut their internm programs tosave money. This week—after more interviews, and with summet break a week away—Harris was offered a paid Many others, whether students seeking internships or recengt grads looking to starttheir careers, aren’t as fortunate. “It’s been a prettu rough year. It’s incredibly Harris said. “It’s somethingg that’s always on your mind.
” Harris and otherf soon-to-be college graduates belong toGeneration Y, knownm for its drive to succeed in the More than any generation before them, memberas of Generation Y are altering workplacw expectations in their pursuit of an equal work-lifr balance. They’re unafraid to try to mold their jobs to fittheid needs. The recession and the restrictec job market has turned those ambitions ontheir head, pushing more students to delauy their pursuit of a career for more accessible alternatives. “This definitely wasn’t a job markett for the faint of orthe unmotivated. Many say, becausre of the way the markeft is, ‘Why bother?
’ ” said Thomas director of the career development cented atin Troy. National trends revealede themselves in an annual survey that Rensselaer conducts ofgraduatingg seniors. This year, 800-plus students, or two-thirds of the 2009 graduatinh class, replied. Thirty-six percent of them said they hadfounds employment. In 2008, that figure was closee to 60 percent, Tarantelli said. “q lot of manufacturing areas were hit and Wall Street was hit and those companies recruit heavilyat Rensselaer,” Tarantelli “It affects every sector.” the 2009 Rensselaer survey found that a thirde were still seeking jobs, whils 28 percent were headed to graduatew school.
“We’ve come to a poinft in our information society wherse we expect things to be instantaneous and come he added. “And that’s a major issuw now, psychologically, for a lot of people in this job market—especiall young people.” Tarantelli hints at a larger, long-terkm problem. It’s often called “braibn drain,” and it’s defined by whether there are enough jobs to keep new graduatex in the areaonce they’ree done with college.
The Capital Region’se 14 college campuses enroll 58,000 students each school Yet the Albanymetro area’a population of 25-to-34 year olds, despitee gains in recent years, posted a net declined of almost 30,000 from 1990 to 2005, a University at Buffaloo study found. The overalo decline represents a drop of20 percent. “A lot of students don’t want to be here. But wherever students are, that’s wherre they don’t want to be. They alwaysa want to go somewhere saidRobert Soules, who runs Union College’d career center.
Soules said the difficult job market is anational issue, not a local “A number of them are telling me, ‘I’ll go home for the summer, hang out with mom and ” Soules said. “What this economy has done is allowexd more people todo that.” Fewer jobs, but they are out therwe None of this is to say that entry-level jobs can’t be CollegeGrad.com surveyed private- and public-sectorf employers earlier this year to gauge theire plans for hiring entry-level positions. In all, almost 158,000p entry-level jobs were reported, a 1.5 percent decline from 2008. Co., for said it would hire 1,350 entry-level workerws in 2009.
That’s down 10 percent from last Other prominent area employers arealso hiring. KeyCorpl continues to hire bank tellers, which are entry-leveol positions. But the company’w turnover rate has dropped to less than half oflast year’ds level, meaning that fewer positions are open, said Patriciaa Boeri, vice president of recruiting for the bank’e northeast region.
Harris, a junior psychologyu major at in had at least two summer internship optionsx canceled when advertising agencies cut their internm programs tosave money. This week—after more interviews, and with summet break a week away—Harris was offered a paid Many others, whether students seeking internships or recengt grads looking to starttheir careers, aren’t as fortunate. “It’s been a prettu rough year. It’s incredibly Harris said. “It’s somethingg that’s always on your mind.
” Harris and otherf soon-to-be college graduates belong toGeneration Y, knownm for its drive to succeed in the More than any generation before them, memberas of Generation Y are altering workplacw expectations in their pursuit of an equal work-lifr balance. They’re unafraid to try to mold their jobs to fittheid needs. The recession and the restrictec job market has turned those ambitions ontheir head, pushing more students to delauy their pursuit of a career for more accessible alternatives. “This definitely wasn’t a job markett for the faint of orthe unmotivated. Many say, becausre of the way the markeft is, ‘Why bother?
’ ” said Thomas director of the career development cented atin Troy. National trends revealede themselves in an annual survey that Rensselaer conducts ofgraduatingg seniors. This year, 800-plus students, or two-thirds of the 2009 graduatinh class, replied. Thirty-six percent of them said they hadfounds employment. In 2008, that figure was closee to 60 percent, Tarantelli said. “q lot of manufacturing areas were hit and Wall Street was hit and those companies recruit heavilyat Rensselaer,” Tarantelli “It affects every sector.” the 2009 Rensselaer survey found that a thirde were still seeking jobs, whils 28 percent were headed to graduatew school.
“We’ve come to a poinft in our information society wherse we expect things to be instantaneous and come he added. “And that’s a major issuw now, psychologically, for a lot of people in this job market—especiall young people.” Tarantelli hints at a larger, long-terkm problem. It’s often called “braibn drain,” and it’s defined by whether there are enough jobs to keep new graduatex in the areaonce they’ree done with college.
The Capital Region’se 14 college campuses enroll 58,000 students each school Yet the Albanymetro area’a population of 25-to-34 year olds, despitee gains in recent years, posted a net declined of almost 30,000 from 1990 to 2005, a University at Buffaloo study found. The overalo decline represents a drop of20 percent. “A lot of students don’t want to be here. But wherever students are, that’s wherre they don’t want to be. They alwaysa want to go somewhere saidRobert Soules, who runs Union College’d career center.
Soules said the difficult job market is anational issue, not a local “A number of them are telling me, ‘I’ll go home for the summer, hang out with mom and ” Soules said. “What this economy has done is allowexd more people todo that.” Fewer jobs, but they are out therwe None of this is to say that entry-level jobs can’t be CollegeGrad.com surveyed private- and public-sectorf employers earlier this year to gauge theire plans for hiring entry-level positions. In all, almost 158,000p entry-level jobs were reported, a 1.5 percent decline from 2008. Co., for said it would hire 1,350 entry-level workerws in 2009.
That’s down 10 percent from last Other prominent area employers arealso hiring. KeyCorpl continues to hire bank tellers, which are entry-leveol positions. But the company’w turnover rate has dropped to less than half oflast year’ds level, meaning that fewer positions are open, said Patriciaa Boeri, vice president of recruiting for the bank’e northeast region.
Sunday, October 2, 2011
5 Reasons Credit, Debit Card Data Remains Insecure - InformationWeek
ermolayenayqaked.blogspot.com
Help Net Security | 5 Reasons Credit, Debit Card Data Remains Insecure InformationWeek Verizon study finds 79% of merchants f » |
Friday, September 30, 2011
EPA chief tours Denver mixed-use development - Philadelphia Business Journal:
martaemimbzini.blogspot.com
Jackson, EPA’s administrator, and Denve r Mayor John Hickenloopertoured Highlands’ Gardens a 27-acre mixed-use project on the origina l site of Elitch Gardens amusement park. In 2005, Highlands’ Garden Village was awarded the EPA National Award for Smarft Growth Achievement in the categorty ofOverall Excellence. In 2007, the development receiveed the ’s Award of Excellence for creativer land-use development and design.
In a statement, EPA said it is workinvg with the federal departmentds of Transportation and Housing and Urban Development to encourags communitieslike Highlands’ Garden Village that offetr affordable housing and sustainable features closes to schools, markets, jobs and recreation. Garden Village is a great exampleof how, when we work we can bring aboutf socially and environmentally responsible development,” Hickenlooper said in a “This community is a model for the country that showsw we can create an alternative to urbanh sprawl and reduce greenhouse gas emissionzs without sacrificing our quality of life.
”
Jackson, EPA’s administrator, and Denve r Mayor John Hickenloopertoured Highlands’ Gardens a 27-acre mixed-use project on the origina l site of Elitch Gardens amusement park. In 2005, Highlands’ Garden Village was awarded the EPA National Award for Smarft Growth Achievement in the categorty ofOverall Excellence. In 2007, the development receiveed the ’s Award of Excellence for creativer land-use development and design.
In a statement, EPA said it is workinvg with the federal departmentds of Transportation and Housing and Urban Development to encourags communitieslike Highlands’ Garden Village that offetr affordable housing and sustainable features closes to schools, markets, jobs and recreation. Garden Village is a great exampleof how, when we work we can bring aboutf socially and environmentally responsible development,” Hickenlooper said in a “This community is a model for the country that showsw we can create an alternative to urbanh sprawl and reduce greenhouse gas emissionzs without sacrificing our quality of life.
”
Wednesday, September 28, 2011
Scottsdale Airport takes back seat to businesses - Phoenix Business Journal:
shemwellmygalej1291.blogspot.com
Today, the airpark has swelled to morethan 1,800 and while remains the nucleus, it has becomew a secondary factor in its "It's been probably five or 10 years sinced I've had anyone even ask about that (airport as a factor in relocatinyg a business out there," said Dave Roderique, economixc development director for the city of Yet, the airport remainz one of the busiest one-runway facilities in the nation, accordin to Scott Gray, aviation director. Two of the nation'zs top 50 aircraft-services providers are on-sit as are 30 businesses offering flight services ranging from aircraft maintenance to privatrflight instruction.
"One of the most notable benefits of the Scottsdale Airporft is the major economic stimulu it provides to the city of Scottsdalwe and north Valley Itcontributes $120 million annually in revenue to the region' economy and the combined annuall earnings of the airport and airparl is about $1 billion," he The airport began as a basic traininh facility for World War II Army Air Corps Pilots in 1942. In 1999, there were 230,00o0 takeoffs and landings; about 8,000 of thosd arriving were tourists. In 2000, operations decreased slightlyto 206,509 takeoffs and landings.
Statisticx culled halfway through 2001 show operations slower this year over Gray confirmed the airport is seeing a slight decrease in its use by operatorsof single- and twin-engine planes. Many people are relocatiny those crafts to Valley airports that have morehangadr facilities, Gray said. Some of the flight training activity is relocatingt to Deer Valley Williams Gateway or theGlendalwe Airport. The airport also is The remaining three developable spots arespoken for. One is reserved for the development of an aviation the other two plots are out for bidto airport-relatedd companies. But Gray said he isn' concerned because corporate use hasremainefd steady, if not grown.
Corporate planes make up abou t 30 percent ofthe airport'z total activity. Officials at the airport also are talkinv with two startup air carriers that may be interestede in providing commercial service to regional marketx including Los Angeles andLas Vegas. Gray declined to name the companies that haveexpressed interest. The service could begin by the end ofthe year, he "It just absolutely makes sense to look at some level of scheduled service out probably the small, new generatioj jets," Roderique said. The city has conductedc initial studies required by the Federal Aviation Administration before it can begibncommercial service.
One challenge, Roderique said, is that becaus America West Airlines and Southwest Airlines have such strong competitiomn at Phoenix Sky HarborInternationalp Airport, it will be difficult for a very small carrierf to offer competitive ticket prices. However, he said, there are very few citiesa growing as fast as metropolitan Phoenixthat don't have one or two reliever airports.
Today, the airpark has swelled to morethan 1,800 and while remains the nucleus, it has becomew a secondary factor in its "It's been probably five or 10 years sinced I've had anyone even ask about that (airport as a factor in relocatinyg a business out there," said Dave Roderique, economixc development director for the city of Yet, the airport remainz one of the busiest one-runway facilities in the nation, accordin to Scott Gray, aviation director. Two of the nation'zs top 50 aircraft-services providers are on-sit as are 30 businesses offering flight services ranging from aircraft maintenance to privatrflight instruction.
"One of the most notable benefits of the Scottsdale Airporft is the major economic stimulu it provides to the city of Scottsdalwe and north Valley Itcontributes $120 million annually in revenue to the region' economy and the combined annuall earnings of the airport and airparl is about $1 billion," he The airport began as a basic traininh facility for World War II Army Air Corps Pilots in 1942. In 1999, there were 230,00o0 takeoffs and landings; about 8,000 of thosd arriving were tourists. In 2000, operations decreased slightlyto 206,509 takeoffs and landings.
Statisticx culled halfway through 2001 show operations slower this year over Gray confirmed the airport is seeing a slight decrease in its use by operatorsof single- and twin-engine planes. Many people are relocatiny those crafts to Valley airports that have morehangadr facilities, Gray said. Some of the flight training activity is relocatingt to Deer Valley Williams Gateway or theGlendalwe Airport. The airport also is The remaining three developable spots arespoken for. One is reserved for the development of an aviation the other two plots are out for bidto airport-relatedd companies. But Gray said he isn' concerned because corporate use hasremainefd steady, if not grown.
Corporate planes make up abou t 30 percent ofthe airport'z total activity. Officials at the airport also are talkinv with two startup air carriers that may be interestede in providing commercial service to regional marketx including Los Angeles andLas Vegas. Gray declined to name the companies that haveexpressed interest. The service could begin by the end ofthe year, he "It just absolutely makes sense to look at some level of scheduled service out probably the small, new generatioj jets," Roderique said. The city has conductedc initial studies required by the Federal Aviation Administration before it can begibncommercial service.
One challenge, Roderique said, is that becaus America West Airlines and Southwest Airlines have such strong competitiomn at Phoenix Sky HarborInternationalp Airport, it will be difficult for a very small carrierf to offer competitive ticket prices. However, he said, there are very few citiesa growing as fast as metropolitan Phoenixthat don't have one or two reliever airports.
Sunday, September 25, 2011
SunTrust to raise $1.4 billion in stock offer - Tampa Bay Business Journal:
mooth35byh.blogspot.com
billion through a stock offering to boost its capitalk to meet federalgovernment requirements, the Atlanta-based bank said The Atlanta-based bank wantsa to sell 108 million sharesa at $13 a share. In relation to the offering, SunTrusyt (NYSE: STI) suspended its previously announcedx $1.25 billion “at the market” offer, which raised $260 Further, SunTrust began an offer to buy upto $1 billion liquidation preference or amount of certain of its currently outstanding preferred and hybris securities for cash using proceeds from the $1.4 billiomn equity offering. The moves come after the federal government’s “stress test” found SunTrust neededd to raise $2.
2 billioj in capital. And while SunTrust had sufficienrt tier 1 capital to absor projectedloan losses, its capital “tilted too strongly” to sources otherd than common equity, the stress test After completing the offerings announced Monday and prior, SunTrust expects to have fullh satisfied its obligation. "Today's announcement underscores that we are on a clea r path to achieve our previously announced capital objectives as we intensifu our focus on the saidJames M.
Wells III, SunTrust chairman and CEO, in a Wells also noted completioh ofthe company's capital-related initiatives will boos its ability to upon regulatory approval and at the appropriate time, preferred stock gotten through participation in the U.S. Treasury'ss Capital Purchase Plan.
billion through a stock offering to boost its capitalk to meet federalgovernment requirements, the Atlanta-based bank said The Atlanta-based bank wantsa to sell 108 million sharesa at $13 a share. In relation to the offering, SunTrusyt (NYSE: STI) suspended its previously announcedx $1.25 billion “at the market” offer, which raised $260 Further, SunTrust began an offer to buy upto $1 billion liquidation preference or amount of certain of its currently outstanding preferred and hybris securities for cash using proceeds from the $1.4 billiomn equity offering. The moves come after the federal government’s “stress test” found SunTrust neededd to raise $2.
2 billioj in capital. And while SunTrust had sufficienrt tier 1 capital to absor projectedloan losses, its capital “tilted too strongly” to sources otherd than common equity, the stress test After completing the offerings announced Monday and prior, SunTrust expects to have fullh satisfied its obligation. "Today's announcement underscores that we are on a clea r path to achieve our previously announced capital objectives as we intensifu our focus on the saidJames M.
Wells III, SunTrust chairman and CEO, in a Wells also noted completioh ofthe company's capital-related initiatives will boos its ability to upon regulatory approval and at the appropriate time, preferred stock gotten through participation in the U.S. Treasury'ss Capital Purchase Plan.
Friday, September 23, 2011
Consignment shopping fills niche for Erie region families looking to stretch ... - GoErie.com
axilecyqih.wordpress.com
Consignment shopping fills niche for Erie region families looking to stretch ... GoErie.com Since she opened Milestones Quality Consignment Shop six years ago, Claudine Thiem has moved twice to bigger storefronts, and expanded the space at her current location, 3735 West Lake Road. She's gone from one employee ... |
Wednesday, September 21, 2011
Smithsonian Museum Day set for Saturday - Charleston Gazette
modestofyeyko.blogspot.com
NOLA.com | Smithsonian Museum Day set for Saturday Charleston Gazette The 2011 Smithsonian Museum Day will take place around the country on Saturday. It offers free admission at participating museums as a way to celebrate culture, learning and knowledge. West Virginia's participating museums are the Clay Center, ... Presidential ! Museum takes part in Museum Day Free Museum Day (Thanks, Smithsonian!) Free admission offered at museums across NC this Saturday |
Monday, September 19, 2011
Mercury News workers OK 9% pay cut - Silicon Valley / San Jose Business Journal:
jiqatili.wordpress.com
The new contract cuts pay 7 percent for the rest of and slashes an additional 2 percent from paycheckz starting onNew Year’s Day. The Mediz Workers Guild’s Northern California unit announced late last week that it had reachecd a tentative contract deal with the Mercuruy News for its 257 members atthe paper. The contacyt also increases employee health insurance contributions and make sother concessions. The Guild represents 257 Mercury News including 130 in editoriakl jobs and 127in advertising, circulation, financre and support positions. A ratification meeting to discuss and vote on the proposerd contract was heldMonday afternoon. The new contracf expires Nov. 30, 2010.
Other concessions includwe reduced vacation accruals and movingthe Merc’s copy desk to Walnug Creek, where MediaNews’ is based. It owns the Mercurh News and 11 other dailyh papers inthe region, which includ virtually all of the dailty papers in the Bay Area excep t the and . “Thix is a tough contract that will hurt a lot of our but it reflects the terriblre situation that the news industry and the country is San Jose Guild President Sylvia Ulloqa said in a statement published in the Mercury News . Ulloa was on the bargaining committeew that negotiatedwith management.
“The committee did the best we could do to limit the damage to our minimize the loss of jobs and to try to maintainj the quality of theMercury News.” The deal would also permit management to requirwe up to five furlough days in move remaining circulation and finance jobs to the Bay Area News Group’z shared services center in San Ramon, consolidate advertising functione in the East Bay and San hire commission-only sales representatives to develop new and win some additional subcontracting rights, according to the The contract negotiations have taken place during grim timexs for daily newspapers.
Severapl major papers have foldede inrecent months, including the and the printg version of the , and many major metropolitam papers, including the San Francisco Chronicle , , , and face dauntiny financial challenges.
The new contract cuts pay 7 percent for the rest of and slashes an additional 2 percent from paycheckz starting onNew Year’s Day. The Mediz Workers Guild’s Northern California unit announced late last week that it had reachecd a tentative contract deal with the Mercuruy News for its 257 members atthe paper. The contacyt also increases employee health insurance contributions and make sother concessions. The Guild represents 257 Mercury News including 130 in editoriakl jobs and 127in advertising, circulation, financre and support positions. A ratification meeting to discuss and vote on the proposerd contract was heldMonday afternoon. The new contracf expires Nov. 30, 2010.
Other concessions includwe reduced vacation accruals and movingthe Merc’s copy desk to Walnug Creek, where MediaNews’ is based. It owns the Mercurh News and 11 other dailyh papers inthe region, which includ virtually all of the dailty papers in the Bay Area excep t the and . “Thix is a tough contract that will hurt a lot of our but it reflects the terriblre situation that the news industry and the country is San Jose Guild President Sylvia Ulloqa said in a statement published in the Mercury News . Ulloa was on the bargaining committeew that negotiatedwith management.
“The committee did the best we could do to limit the damage to our minimize the loss of jobs and to try to maintainj the quality of theMercury News.” The deal would also permit management to requirwe up to five furlough days in move remaining circulation and finance jobs to the Bay Area News Group’z shared services center in San Ramon, consolidate advertising functione in the East Bay and San hire commission-only sales representatives to develop new and win some additional subcontracting rights, according to the The contract negotiations have taken place during grim timexs for daily newspapers.
Severapl major papers have foldede inrecent months, including the and the printg version of the , and many major metropolitam papers, including the San Francisco Chronicle , , , and face dauntiny financial challenges.
Saturday, September 17, 2011
Martek Biosciences plans appeal of E.U. ruling on infant formula patent - Puget Sound Business Journal (Seattle):
takes-trendsthe.blogspot.com
That was word from the Columbia company Tuesdaty inregulatory filings. The patent office in the Netherlands upheld a patent that was grantedc to the biotech firm in 2007 but was challengedd by food manufacturersand Ltd. The patent officre said Martek’s patent applies to Martek’s nutritional oil in infant but is not covered when it is blendede with certain fish oils used ininfanty formula. Martek (NASDAQ: MATK) expects the appeall will take one to two years and said it does not believre the ruling will impactits revenue. Derived from algae, the company’ s nutritional oils are also used in dietaryu supplements and food such as yogurtand juice.
The companyy has been aggressively expanding its infant formulsa business overseas as it has nearly saturatedthe U.S. Martek warned in its last earningsx statement that its infant formula sales in the thirfd and fourth quarters could drop as retailere trim their inventories ofthe product. The company anticipatez demand will pick up infiscal 2010.
That was word from the Columbia company Tuesdaty inregulatory filings. The patent office in the Netherlands upheld a patent that was grantedc to the biotech firm in 2007 but was challengedd by food manufacturersand Ltd. The patent officre said Martek’s patent applies to Martek’s nutritional oil in infant but is not covered when it is blendede with certain fish oils used ininfanty formula. Martek (NASDAQ: MATK) expects the appeall will take one to two years and said it does not believre the ruling will impactits revenue. Derived from algae, the company’ s nutritional oils are also used in dietaryu supplements and food such as yogurtand juice.
The companyy has been aggressively expanding its infant formulsa business overseas as it has nearly saturatedthe U.S. Martek warned in its last earningsx statement that its infant formula sales in the thirfd and fourth quarters could drop as retailere trim their inventories ofthe product. The company anticipatez demand will pick up infiscal 2010.
Thursday, September 15, 2011
Gyurcsány acted lawfully in contested casino case, says Bajnai - Politics.hu
inufyw.blogspot.com
Updated News | Gyurcsány acted lawfully in contested casino case, says Bajnai Politics.hu By MTI The charges levelled against Ferenc Gyurcsany in connection with a contested casino project are unfounded, former prime minister Gordon Bajnai said on Friday, speaking about his predecessor. Bajnai told commercial television ATV's Egyenes beszéd ... Hungary parliament set to lift former PM's immunity |
Monday, September 12, 2011
Expedia, Inc. Company Profile | EXPE Company Information
adatynu.wordpress.com
It appears that you are locatedin Canada. If you are a Canadianj resident, please choose Expedia.ca where all prices and transactions are inCanadiann dollars, product inventory unique to Canadians is available, and your trip is coveredr under TICO's travel protection. You can also take advantags of travel promotions and speciaol offers created specifically forCanadian customers. Canadian resident who purchaseon Expedia's U.S. Expedia.com, are charged in US dollars, and thei trips are not eligible to be coveredunder TICO'ss travel protection. Il semble que vous habitezx au Canada.
Si vous etes residenrt du Canada, veuillez opter pour le site ou les prix et les transactions sont indiquews endollars canadiens. De plus, vous aurez acces a des produitz offerts uniquement aux Canadiens et votrer voyage sera couvert par la protectiondu TICO. Vous pourrez aussji tirer parti de promotionset d'offres specialex creees en particulier pour nos clients canadiens. Les residentsx du Canada qui font des achats sur le site americain d'Expedia, Expedia.com, doivent acquitter les frais en dollarsz americains et leur voyage ne sera pas admissiblw a la protection du TICO.
It appears that you are locatedin Canada. If you are a Canadianj resident, please choose Expedia.ca where all prices and transactions are inCanadiann dollars, product inventory unique to Canadians is available, and your trip is coveredr under TICO's travel protection. You can also take advantags of travel promotions and speciaol offers created specifically forCanadian customers. Canadian resident who purchaseon Expedia's U.S. Expedia.com, are charged in US dollars, and thei trips are not eligible to be coveredunder TICO'ss travel protection. Il semble que vous habitezx au Canada.
Si vous etes residenrt du Canada, veuillez opter pour le site ou les prix et les transactions sont indiquews endollars canadiens. De plus, vous aurez acces a des produitz offerts uniquement aux Canadiens et votrer voyage sera couvert par la protectiondu TICO. Vous pourrez aussji tirer parti de promotionset d'offres specialex creees en particulier pour nos clients canadiens. Les residentsx du Canada qui font des achats sur le site americain d'Expedia, Expedia.com, doivent acquitter les frais en dollarsz americains et leur voyage ne sera pas admissiblw a la protection du TICO.
Saturday, September 10, 2011
FCC OK's cross-ownership of papers, TV - Los Angeles Business from bizjournals:
olimstgon.blogspot.com
The FCC split 3-2 along party lines in Tuesday'sw vote. Chairman Kevin Martin and the two other GOP commissionerse voted forthe change. The two Democrats votexd against it. Several members of Congress have said they will fighf any change inthe "cross-ownership" rule. On Monday, 25 senators wrote to Martin saying they wouldc take action to blockthe then-pending FCC vote, The Associated Press reported. But the Bush administration has signaledx it supports the action and wouldx try to overturn anycongressional block.
The rule approvecd Tuesday would allow a single person or companyt to own one newspaper and one broadcast station in thesame Cross-ownership would only be allowed in markets where eight or more other independently-owned prinf and broadcast news outletxs remain. Also, the TV station involved could not be amongt the top four inthe market. In Los Angeles, the Chicago-based TRB) owns both the and . Martin said the changse would balance the interests of media who are coping with a steep declines in newspaper revenue nationwide as well as weakness inloca TV, with the need for competition amon news sources.
Opponents fear such a change will further consolidate ownership of news outletsa acrossthe nation, possibility curtailingg the media's role as a watchdog and driving up costs for A 2003 FCC vote to relax cross-ownership rulesx was rejected by a federal appeals Tuesday's vote was aimed at gettiny around the court's objections. Cross-ownership of newspapers and TV stations alreadhy exists in some either because thearrangement pre-dates the 32-year-ols ban or because the FCC granted a as was the case with Tribune's properties in Los Tribune owned KTLA before it purchasee the in 2000.
The cross-ownership ban was adopted in 1975with "ths twin goals of diversity of viewpoints and economi competition," the FCC said at the time. Advocatesz of the change approved Tuesdahy say that the Internet and cable TV have expandedthe public's news options in recen t year, reducing the need for the cross-ownership ban. But other s say that many of those Web sited are operated by existing newspapers and TV sothey don't increase the varietyg of available information.
The FCC split 3-2 along party lines in Tuesday'sw vote. Chairman Kevin Martin and the two other GOP commissionerse voted forthe change. The two Democrats votexd against it. Several members of Congress have said they will fighf any change inthe "cross-ownership" rule. On Monday, 25 senators wrote to Martin saying they wouldc take action to blockthe then-pending FCC vote, The Associated Press reported. But the Bush administration has signaledx it supports the action and wouldx try to overturn anycongressional block.
The rule approvecd Tuesday would allow a single person or companyt to own one newspaper and one broadcast station in thesame Cross-ownership would only be allowed in markets where eight or more other independently-owned prinf and broadcast news outletxs remain. Also, the TV station involved could not be amongt the top four inthe market. In Los Angeles, the Chicago-based TRB) owns both the and . Martin said the changse would balance the interests of media who are coping with a steep declines in newspaper revenue nationwide as well as weakness inloca TV, with the need for competition amon news sources.
Opponents fear such a change will further consolidate ownership of news outletsa acrossthe nation, possibility curtailingg the media's role as a watchdog and driving up costs for A 2003 FCC vote to relax cross-ownership rulesx was rejected by a federal appeals Tuesday's vote was aimed at gettiny around the court's objections. Cross-ownership of newspapers and TV stations alreadhy exists in some either because thearrangement pre-dates the 32-year-ols ban or because the FCC granted a as was the case with Tribune's properties in Los Tribune owned KTLA before it purchasee the in 2000.
The cross-ownership ban was adopted in 1975with "ths twin goals of diversity of viewpoints and economi competition," the FCC said at the time. Advocatesz of the change approved Tuesdahy say that the Internet and cable TV have expandedthe public's news options in recen t year, reducing the need for the cross-ownership ban. But other s say that many of those Web sited are operated by existing newspapers and TV sothey don't increase the varietyg of available information.
Thursday, September 8, 2011
Portland Business Journal: Frequently Asked Questions
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A. Although we reference this in ourPrivacyg Policy, we have never sold/rented/shared our registered user data with any third parties, and do not plan on doingy so in the future. If you would like to be addede to our Privacy please and letus know. Q. How do I unsubscribw from any or all of the emaik newsletters I receive frombizjournals ? A. Please visit our unsubscribe page, locate d Q. I have signed up to receivse email newslettersfrom bizjournals, but have not started receivinyg them. Is there something wrong with myaccount ? A.
When you added the email newsletters to youraccounrt (or made any changes to your account), you were sent instructionss on how to confirm and activate your accounft changes. To ensure your privacy, we require this step befor e any changes to your account can be To activate your accountpleasre Q. I have been receivinh email newslettersfrom bizjournals, but now they have stopped. How can I continud receiving them? A. First, you should check with your IT/Technicalk Support group to ensure emailfrom bizjournals.com are not being filtered by the servere at your company/ISP. If no filters are in please fill outour "help" form, Q.
I nevet received instructions on how to confirm and activates myaccount changes. A. First, you shoulr check with your IT/Technical Support group to ensurer emailsfrom bizjournals.com are not beinyg filtered by the server at your If no filters are in please fill out our "help" . Q. How do I changre my email address, so I can continue to receive emaill newslettersfrom bizjournals? A. Please click . Q. What is my password?? A. To ensure your privacy, we do not keep passwordsw on file. Please use the " " link locatee on the " " Q. I've tried using the "forgotten your password" link however I never receive d the email with instructions on how to set up anew A.
First you should check with your IT/Technicao Support group to ensuree emailsfrom bizjournals.com are not being filtered by the servef at your company/ISP. If no filterzs are in place, please fill out for Q. I've received multiples of emails from How do I makethem stop? A. Our systems are designe d to send a single email for every product youare signed-upo to receive.If you are seeinf multiples of the same email, this could be causer by a malfunction on your company's (or ISP's) emailserver. Check first with your IT/Technicao Support group to see if they can reconcildthe situation. It is also important to realize that just becaus e an email hasa bizjournals.
cojm "from address" it doesn't mean it was actuallu sent to you by bizjournals. Many email marketing groups participate in what is referrer toas "spoofing", where a random emaio address is chosen as thei r "from address". It is also possible that the emaipl is a virus sent by an infected Viruses will also spoofthe "from" address using variations from the infected machine' address book. Check with your IT/Technical Support grouo if you are concerned abouta virus, or Also note: If you have set up multipld online accounts with bizjournals, make sure you are not signedc up to receive the same email newslettersa to each account. Q.
I saw an articlre in the print edition that I wantedc toread online, but I can't find it throughn your Search page? A. We do not post 100% of the prinf edition content to theWeb site, but we now offere a digital subscription in some markets. To find out click . Q. I have a paid subscription and wouls like to download the PDF of an issu from mylocal market. How do I do this ? A. You are able to download a PDF of a recenf issueafter you've linked your subscriptionn to your bizjournals This allows us to verify that you are a current subscriber. You can creat e a Bizjournals account and link youraccount . If you have or need help signing up, please emaill . Q.
How can I advertise on bizjournals? A. You can find online advertisinginformation . Q. I have a paid subscription to one of your locaolbusiness journals. Do I have to registeer online in order to access thebizjournald site? A. To ensure the privacyh of our print subscribers, we do not automaticallhy register themon bizjournals. In ordetr to access certain portions of thesite and/oe sign up for emailp newsletters, you will need to fill out the , which is free to all As a paid subscriber, you can in orderd to access the exclusive subscriber content. Q. Where can I find the editorial calendar for mylocal market?? A. Q. Is there a page where I can checkk forthis week's stories? A.
Yes, selecft from the News menu in thetop Q. When is your web site updated ? A. The stories from the weeklty subscription edition areposted Monday. The daily updates are postede throughout the day by thebusinesa journals. Q. Why do you wait unti l Monday to post the stories from thesubscriber edition? A. Because the news in our business journals isexclusive information, we do not want to make it availablew to print and electronic competitors before our paid subscriberz receive their journals. Q. Which browsersz are best for your site? A. A variety of browsers, but it workws best with Firefox 1.5 or newer or with Microsof InternetExplorer 6.0 or newer.
If you need to upgrades your browser you can go to either theor site. Q. How far back do your Web archivezs go? A. The Web archivex include all material posted on our Web site sinces it was started inJune 1996. In October 1996, we added seven papers to our site Dayton, Milwaukee, Minneapolis, Philadelphia, Pittsburgh, Sacramento). Q. How do I chang my mailing address, so I can continuee to receive my businessdjournal subscription? A. You can create a bizjournalsx account and link your subscription accouny to view your account status andmake changes. Please click . Q. How can I advertise in my locaklprint edition? A. For advertising please contact the of yourlocal market. Q.
I did not receivse a copy of my prinft editionthis week, how do I get an extra copy ? A. Please contact the Q. How can I send a Letter to theEditor ? to send a letter to the editor. Q. Can you accep t press releases? A. Yes, at each individual paper. If it's news abou your company or a story tip from themorninh commute, we want to hear it. You can , news aboutt your company, news about your local industry or anews tip. You can send it to us by mail, by fax or by telephoning us.
Or you can just fill out the If you're not certain of the person to contact, send it in care of the Please remember to include the name of a contacrt person and a business phone Select a market below to send a pressreleaser Q. What do I do if I have a questiob that is not addressed on thispage ? A. Please .
A. Although we reference this in ourPrivacyg Policy, we have never sold/rented/shared our registered user data with any third parties, and do not plan on doingy so in the future. If you would like to be addede to our Privacy please and letus know. Q. How do I unsubscribw from any or all of the emaik newsletters I receive frombizjournals ? A. Please visit our unsubscribe page, locate d Q. I have signed up to receivse email newslettersfrom bizjournals, but have not started receivinyg them. Is there something wrong with myaccount ? A.
When you added the email newsletters to youraccounrt (or made any changes to your account), you were sent instructionss on how to confirm and activate your accounft changes. To ensure your privacy, we require this step befor e any changes to your account can be To activate your accountpleasre Q. I have been receivinh email newslettersfrom bizjournals, but now they have stopped. How can I continud receiving them? A. First, you should check with your IT/Technicalk Support group to ensure emailfrom bizjournals.com are not being filtered by the servere at your company/ISP. If no filters are in please fill outour "help" form, Q.
I nevet received instructions on how to confirm and activates myaccount changes. A. First, you shoulr check with your IT/Technical Support group to ensurer emailsfrom bizjournals.com are not beinyg filtered by the server at your If no filters are in please fill out our "help" . Q. How do I changre my email address, so I can continue to receive emaill newslettersfrom bizjournals? A. Please click . Q. What is my password?? A. To ensure your privacy, we do not keep passwordsw on file. Please use the " " link locatee on the " " Q. I've tried using the "forgotten your password" link however I never receive d the email with instructions on how to set up anew A.
First you should check with your IT/Technicao Support group to ensuree emailsfrom bizjournals.com are not being filtered by the servef at your company/ISP. If no filterzs are in place, please fill out for Q. I've received multiples of emails from How do I makethem stop? A. Our systems are designe d to send a single email for every product youare signed-upo to receive.If you are seeinf multiples of the same email, this could be causer by a malfunction on your company's (or ISP's) emailserver. Check first with your IT/Technicao Support group to see if they can reconcildthe situation. It is also important to realize that just becaus e an email hasa bizjournals.
cojm "from address" it doesn't mean it was actuallu sent to you by bizjournals. Many email marketing groups participate in what is referrer toas "spoofing", where a random emaio address is chosen as thei r "from address". It is also possible that the emaipl is a virus sent by an infected Viruses will also spoofthe "from" address using variations from the infected machine' address book. Check with your IT/Technical Support grouo if you are concerned abouta virus, or Also note: If you have set up multipld online accounts with bizjournals, make sure you are not signedc up to receive the same email newslettersa to each account. Q.
I saw an articlre in the print edition that I wantedc toread online, but I can't find it throughn your Search page? A. We do not post 100% of the prinf edition content to theWeb site, but we now offere a digital subscription in some markets. To find out click . Q. I have a paid subscription and wouls like to download the PDF of an issu from mylocal market. How do I do this ? A. You are able to download a PDF of a recenf issueafter you've linked your subscriptionn to your bizjournals This allows us to verify that you are a current subscriber. You can creat e a Bizjournals account and link youraccount . If you have or need help signing up, please emaill . Q.
How can I advertise on bizjournals? A. You can find online advertisinginformation . Q. I have a paid subscription to one of your locaolbusiness journals. Do I have to registeer online in order to access thebizjournald site? A. To ensure the privacyh of our print subscribers, we do not automaticallhy register themon bizjournals. In ordetr to access certain portions of thesite and/oe sign up for emailp newsletters, you will need to fill out the , which is free to all As a paid subscriber, you can in orderd to access the exclusive subscriber content. Q. Where can I find the editorial calendar for mylocal market?? A. Q. Is there a page where I can checkk forthis week's stories? A.
Yes, selecft from the News menu in thetop Q. When is your web site updated ? A. The stories from the weeklty subscription edition areposted Monday. The daily updates are postede throughout the day by thebusinesa journals. Q. Why do you wait unti l Monday to post the stories from thesubscriber edition? A. Because the news in our business journals isexclusive information, we do not want to make it availablew to print and electronic competitors before our paid subscriberz receive their journals. Q. Which browsersz are best for your site? A. A variety of browsers, but it workws best with Firefox 1.5 or newer or with Microsof InternetExplorer 6.0 or newer.
If you need to upgrades your browser you can go to either theor site. Q. How far back do your Web archivezs go? A. The Web archivex include all material posted on our Web site sinces it was started inJune 1996. In October 1996, we added seven papers to our site Dayton, Milwaukee, Minneapolis, Philadelphia, Pittsburgh, Sacramento). Q. How do I chang my mailing address, so I can continuee to receive my businessdjournal subscription? A. You can create a bizjournalsx account and link your subscription accouny to view your account status andmake changes. Please click . Q. How can I advertise in my locaklprint edition? A. For advertising please contact the of yourlocal market. Q.
I did not receivse a copy of my prinft editionthis week, how do I get an extra copy ? A. Please contact the Q. How can I send a Letter to theEditor ? to send a letter to the editor. Q. Can you accep t press releases? A. Yes, at each individual paper. If it's news abou your company or a story tip from themorninh commute, we want to hear it. You can , news aboutt your company, news about your local industry or anews tip. You can send it to us by mail, by fax or by telephoning us.
Or you can just fill out the If you're not certain of the person to contact, send it in care of the Please remember to include the name of a contacrt person and a business phone Select a market below to send a pressreleaser Q. What do I do if I have a questiob that is not addressed on thispage ? A. Please .
Tuesday, September 6, 2011
Northwestern Mutual denies charges in $200M class action lawsuit - The Business Journal of Milwaukee:
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The lawsuit was filed by two formerr California financial reps and one former Georgia financial representative inthe U.S. District Court for the Souther District of California in San Diego and allegewsthe Milwaukee-based life insurance companyt violated the federal Fair Labor Standardsa Act and California’s overtime and minimum wage laws. The courft complaint states the plaintiffs and otherr financial representatives of the company were denier minimum pay andovertime pay. the plaintiffs requested the recertification of hundredd of current and former California Northwestern Mutualk reps from independent contractorsto full-time employees.
The plaintiffsx are being represented in the court case by David a partner atthe Washington, D.C., firm of . Northwesternj Mutual spokeswoman Jean Towell said the company denieas the allegations and said thefirm "intends to vigorously defende against this suit." "Ths individuals who filed this suit are not, and have nevedr been, employees of Northwestern Mutual," Towell The complaint alleges that Northwestern Mutuapl “intentionally and repeatedly” misclassified salese employees as independent who are exempt from federal and state wage and hour Full-time employees are not exempt.
NML was involvef in a similar lawsuit in federal court over independen t contractors in Pennsylvaniain 2008. NML won the lawsuit, allowinh the company to retain financial representatives as independent Inthat case, the courtsa dismissed the plaintiff's "nearly identical allegations" becauswe it was ruled that the independent contractors are not employees and are not coverec by the federal Fair Labor Standards Act, Towell Northwestern Mutual currently has about 7,0000 financial representatives nationwide.
The sales reps actually work for independentlg owned NorthwesternMutual agencies, but the parent companhy plays a strong role in the recruiting programn and setting guidelines for hirinvg and training.
The lawsuit was filed by two formerr California financial reps and one former Georgia financial representative inthe U.S. District Court for the Souther District of California in San Diego and allegewsthe Milwaukee-based life insurance companyt violated the federal Fair Labor Standardsa Act and California’s overtime and minimum wage laws. The courft complaint states the plaintiffs and otherr financial representatives of the company were denier minimum pay andovertime pay. the plaintiffs requested the recertification of hundredd of current and former California Northwestern Mutualk reps from independent contractorsto full-time employees.
The plaintiffsx are being represented in the court case by David a partner atthe Washington, D.C., firm of . Northwesternj Mutual spokeswoman Jean Towell said the company denieas the allegations and said thefirm "intends to vigorously defende against this suit." "Ths individuals who filed this suit are not, and have nevedr been, employees of Northwestern Mutual," Towell The complaint alleges that Northwestern Mutuapl “intentionally and repeatedly” misclassified salese employees as independent who are exempt from federal and state wage and hour Full-time employees are not exempt.
NML was involvef in a similar lawsuit in federal court over independen t contractors in Pennsylvaniain 2008. NML won the lawsuit, allowinh the company to retain financial representatives as independent Inthat case, the courtsa dismissed the plaintiff's "nearly identical allegations" becauswe it was ruled that the independent contractors are not employees and are not coverec by the federal Fair Labor Standards Act, Towell Northwestern Mutual currently has about 7,0000 financial representatives nationwide.
The sales reps actually work for independentlg owned NorthwesternMutual agencies, but the parent companhy plays a strong role in the recruiting programn and setting guidelines for hirinvg and training.
Sunday, September 4, 2011
Empty Spaces
shelly-polymer.blogspot.com
The vacancy rate for the Rivergate marke twas 8.4 percent at the end of compared with 3.6 percent a year according to CoStar’s retail report. The markegt still had the same number of buildings and stor espace — including the 1.1 million-square-foogt Rivergate Mall. Since the beginning of the there have been more store closingzs in the area and little newleasinhg activity. “It’s going to be unless we have more national saysPeggy Sells, a broker with Colliers Turley Martimn Tucker. “If that happens then clearly we are in a much deeperf recession than we areall hoping.” Some nationakl retailers already have closed stores in the Goodlettsville market.
And several others are on shaky ground. The 33,700-square-foot Circuitg City in the Village at Rivergatde adjacent to the mall closed earlyuthis year, and the 71,000-square-foot H.G. Hilla building on Gallatin Pike South has been emptyh since the furniture store moved just nortb ofthe mall. As part of bankruptcgy proceedings, Ritz Camera has announced it will close its Rivergate Wolf Camera store andthe Boater’sz World Marine Center in Madison. Pier 1 which has a location across the street the has been closing stores sincelast year, and says it will closse up to 80 of its roughly 1,000o stores this year, though company officialz have not said whicy locations will be shuttered.
S & K Mensweatr at Rivergate Mall, another national retailer, has avoiderd the ax so far. But the compant filed for Chapter 11 bankruptcy protectio in February and has sold its headquarterxsin Virginia. S&K has announcef it will close another30 stores, following the 78 it closerd last year. Rivergate Mall has farecd better thanother Nashville-area malle so far. Davidson County’s Hickoryg Hollow and 100 Oaks malls and the surroundinhg retail have been on along slide, losing shoppers and tenantzs for years.
Malls nationwide have been struggling as retailers movecd on toother models, like open-aird lifestyle centers, says Ken Renner, vice president of commerciap sales and leasing for Nashville-basef Vastland Realty Group. “The economy is excellint a trend, but the trened was there before the economgwent bad,” he says. And as Rivergatew Mall has declined, it’s dampeneed other retail in the area, Rennefr says. “You’ve got a lot of satellite developmenta aroundthe mall, and you’ll find that it’s he says. “The mall was reall the big anchor ofthat area, and the mall has becomd less attractive and lost value.
” Whilre individual market situations vary, the overal l picture for retail real estate is says Howard Davidowitz, chairman of New York-based , a nationap retail consulting and investment firm. “What’s going to happen this year is we’rwe going to close thousands ofstores 200,000 actually,” Davidowitz says. He says commercial real estatr will be the next majof industry segment to fall in theeconomifc crisis, with the closing of thousand s of retail centers of all varieties including malls, lifestyle centers and shopping centers. “Everybodyg is closing stores and cuttingtheidr expansion,” he says.
“If you’rd in the shopping center business, you’re in Many shopping center owners are on the edge of goingbrokde — not just smaller operatorsa but some of the largest mall owners in the Davidowitz says.
The vacancy rate for the Rivergate marke twas 8.4 percent at the end of compared with 3.6 percent a year according to CoStar’s retail report. The markegt still had the same number of buildings and stor espace — including the 1.1 million-square-foogt Rivergate Mall. Since the beginning of the there have been more store closingzs in the area and little newleasinhg activity. “It’s going to be unless we have more national saysPeggy Sells, a broker with Colliers Turley Martimn Tucker. “If that happens then clearly we are in a much deeperf recession than we areall hoping.” Some nationakl retailers already have closed stores in the Goodlettsville market.
And several others are on shaky ground. The 33,700-square-foot Circuitg City in the Village at Rivergatde adjacent to the mall closed earlyuthis year, and the 71,000-square-foot H.G. Hilla building on Gallatin Pike South has been emptyh since the furniture store moved just nortb ofthe mall. As part of bankruptcgy proceedings, Ritz Camera has announced it will close its Rivergate Wolf Camera store andthe Boater’sz World Marine Center in Madison. Pier 1 which has a location across the street the has been closing stores sincelast year, and says it will closse up to 80 of its roughly 1,000o stores this year, though company officialz have not said whicy locations will be shuttered.
S & K Mensweatr at Rivergate Mall, another national retailer, has avoiderd the ax so far. But the compant filed for Chapter 11 bankruptcy protectio in February and has sold its headquarterxsin Virginia. S&K has announcef it will close another30 stores, following the 78 it closerd last year. Rivergate Mall has farecd better thanother Nashville-area malle so far. Davidson County’s Hickoryg Hollow and 100 Oaks malls and the surroundinhg retail have been on along slide, losing shoppers and tenantzs for years.
Malls nationwide have been struggling as retailers movecd on toother models, like open-aird lifestyle centers, says Ken Renner, vice president of commerciap sales and leasing for Nashville-basef Vastland Realty Group. “The economy is excellint a trend, but the trened was there before the economgwent bad,” he says. And as Rivergatew Mall has declined, it’s dampeneed other retail in the area, Rennefr says. “You’ve got a lot of satellite developmenta aroundthe mall, and you’ll find that it’s he says. “The mall was reall the big anchor ofthat area, and the mall has becomd less attractive and lost value.
” Whilre individual market situations vary, the overal l picture for retail real estate is says Howard Davidowitz, chairman of New York-based , a nationap retail consulting and investment firm. “What’s going to happen this year is we’rwe going to close thousands ofstores 200,000 actually,” Davidowitz says. He says commercial real estatr will be the next majof industry segment to fall in theeconomifc crisis, with the closing of thousand s of retail centers of all varieties including malls, lifestyle centers and shopping centers. “Everybodyg is closing stores and cuttingtheidr expansion,” he says.
“If you’rd in the shopping center business, you’re in Many shopping center owners are on the edge of goingbrokde — not just smaller operatorsa but some of the largest mall owners in the Davidowitz says.
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