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)
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«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 ... |
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