tatyanagepoji.blogspot.com
NICE Perform eXpress is designed for the specific needs of branches in larger corporations and small to mediumcontact centers, trading floors, and back The new offering can be quicklty deployed with minimal maintenancs requirements, and NICE Perform eXpress also presents new opportunities for distributioj into additional markets for NICE's globapl channel partners. , VP Sales, at NICE partner, Advanceed Telecommunications, Inc. (ATI), said, "There is a greaf market need among branches, small to medium contac centers andback offices, as well as trading floors, for the solutionn being offered by NICE Perform eXpress.
We are excited that NICE Perform eXpress, with its easy implementation and and a low TCO, will help us expand what we can offedr to our customers." Organizations today are increasinglyy required to improve , as they are facing a growingb number of regulations across the entire whether in small contactt centers, or the many distributed branches of a large corporation. Accordingly, they are in need of a cost-efficienty regulatory compliance call recording solution to help monitort employee complianceand . NICE Perform eXpresw answers these needs.
It enables them to benefitr from NICE's enterprise-grade call recording, playback, and archivd applications, in a cost-efficient solutiojn that can be installed and in less than four hours per and is easy to useand maintain. , Principal Information & Communication at leading analyst firmFrost & Sullivan, "There is a large, relatively untapped market for interaction recordingt systems in smaller call and beyond them to related businesses like branches and back These organizations haven't in the past been able to justify the costs of a full-fledgee compliance-grade recording system, especially sincee so few of them have on-site access to IT NICE is making it easy for those groupsd to benefit from recording technolog y with a solution that's very quick to deplo and has an attractive pricde point.
NICE has done an excellengt job balancing price and functionality to come up witha feature-richy package that's attractive to small organizations. Mr. , System at Custom Disability Solutions, a division of Reliancs Standard LifeInsurance Company, said, "We were very pleases about implementing NICE Perform eXpress. We were looking for a resilient and cost efficienty compliance recording solution that would be easy for us to deploytand maintain. And, indeed, the installatioj went very smoothly, quickly, and Now we can ensurew compliance with leading edge technology but withoutthe overhead.
" "NICsE is proud to introduce NICE Perforjm eXpress to the market," said , Chief Productg Officer at NICE. "It addresses the growingy need for small to medium contact centers to implementg affordable regulatory compliance call and for large enterprises seeking to ensure compliancer at thebranch level. NICE Perform eXpress also gives us a unique opportunity to furtherr enhance the strong relationships we have with our global networokof partners, and jointly deliver this new solutionb to our growing list of customers." More informationm about NICE Perform eXpress is available at: .
NICE Systemsa (Nasdaq: NICE) is the leadingy provider of Insight from Interactionx solutionsand value-added services, powered by the convergencw of advanced analytics of unstructured multimedia contentf and transactional data - from telephony, web, email, video, and other data sources. NICE'd solutions address the needs of the enterprisw andsecurity markets, enabling organizations to operate in an insightful and proactive manner, and take immediate action to improvee business and operational performance and ensurew safety and security. NICE has over 24,009 customers in more than 150 countries, including more than 85 of the Fortun100 companies. More information is available at .
360 Degree View, Alpha, ACTIMIZE, Actimizse logo, Customer Feedback, Dispatcher Assessment, Encorder, Executive Connect, Executive FAST, FAST alpha Blue, FAST alpha Silver, FAST Videp Security, Freedom, Freedom IEX, Interaction Capture Unit, Insight from Interactions, Investigator, Last Message Mirra, My Universe, NICE, NICE logo, NICE NiceCall, NiceCall Focus, NICE Inform, NICE Learning, NiceLog, NICE Perform, NiceScreen, NICE SmartCenter, NICE Storagde Center, NiceTrack, NiceUniverse, NiceUniverse Compact, NiceVision Alto, NiceVision Analytics, NiceVision NiceVision Digital, NiceVision Harmony, NiceVision NiceVision Net, NiceVision NVSAT, NiceVisionj Pro, Performix, Playback Renaissance, Scenario Replay, ScreenSense, Tienna, TotalView, Universe, Wordnet are trademark and/or registered trademarks of NICESystems Ltd.
All othert trademarks are the property of theirrespectivr owners. This press release containsz forward-looking statements as that term is definefd in the Private Securities Litigatiobn Reform Actof 1995. Such statementa are based on the current expectations of the managementf of NICESystems Ltd. (the only, and are subject to a number of risk factorsand uncertainties, including but not limiteds to changes in technology and markeyt requirements, decline in demandd for the Company's inability to timely develop and introduce new technologies, product and applications, difficulties or delays in absorbing and integratingf acquired operations, products, technologies and personnel, loss of markety share, pressure on pricing resulting from competition, and inabilit to maintain certain marketing and distribution which could cause the actual resultes or performance of the Compang to differ materially from those describedf therein.
We undertake no obligation to updatethese forward-looking statements. For a more detailedc description of the risk factorsd and uncertainties affectingthe company, refer to the Company's reporte filed from time to time with the Securities and Exchange SOURCE NICE Systems Ltd.
Monday, December 31, 2012
Friday, December 28, 2012
Austin man launches campaign to find a job - Silicon Valley / San Jose Business Journal:
ogarawo.wordpress.com
Call it bad timing. With the recessionm wreaking havoc inmany industries—including information technology—Jacobsen just couldn’t catch a break. But when he was laid off recentl from his position as directod of IT for a healthinsurance provider, Jacobsen and his wife Allysoj decided to approach his job searchy differently. They would treat it like a full-fledge marketing campaign. “We have so many friendsa who have been out of work 10 or 12 monthzor more,” said Allyson Jacobsen, who has a background in marketinh and advertising.
“So many folks are in the same positioh andit doesn’t have to be all doom and We figured doing a media blitxz may be the way to really get And also, people who are out of work realluy need a happy, innovative story right now. They need to be reminded that therr is light at the end ofthe tunnel.” The Jacobsen’as launched Eric4Hire.com, a Web site telling Eric’s stort and providing his resume and othert pertinent information to prospectivwe employers. And they didn’t stop there. On Tuesdat a billboard went up near the intersection of RR 620 and FM 2222 featurin g a photo of Jacobsen and his Website address.
It’se that kind of outside-the-boxx thinking that the couple hopexs will land him a gigin IT—or another arenas like renewable energy—very soon.
Call it bad timing. With the recessionm wreaking havoc inmany industries—including information technology—Jacobsen just couldn’t catch a break. But when he was laid off recentl from his position as directod of IT for a healthinsurance provider, Jacobsen and his wife Allysoj decided to approach his job searchy differently. They would treat it like a full-fledge marketing campaign. “We have so many friendsa who have been out of work 10 or 12 monthzor more,” said Allyson Jacobsen, who has a background in marketinh and advertising.
“So many folks are in the same positioh andit doesn’t have to be all doom and We figured doing a media blitxz may be the way to really get And also, people who are out of work realluy need a happy, innovative story right now. They need to be reminded that therr is light at the end ofthe tunnel.” The Jacobsen’as launched Eric4Hire.com, a Web site telling Eric’s stort and providing his resume and othert pertinent information to prospectivwe employers. And they didn’t stop there. On Tuesdat a billboard went up near the intersection of RR 620 and FM 2222 featurin g a photo of Jacobsen and his Website address.
It’se that kind of outside-the-boxx thinking that the couple hopexs will land him a gigin IT—or another arenas like renewable energy—very soon.
Thursday, December 27, 2012
Austin construction jobs down 5.8% over last year - Austin Business Journal:
ogarawo.wordpress.com
In Austin, construction jobs declined 5.8 percent to 45,500 between April 2008 and April 2009. Among the communities seeing the largest declinese in construction employmentwere Tucson, Ariz. with a 29.2 percentg decline and Redding, Calif. with a 31.6 percenyt decline. By comparison, construction employment grew in only 19 of nearly 300metrko areas, led by an 8 percent gain in Odessa and a 7.3 percenrt increase in Baton Rouge, La. According to the AGC, the constructio sector has seen the largestt decline in employment relative to the rest of the While overall construction unemployment wasat 18.7 percent in Aprilo 2009, the overall unemployment rate was 8.
6 So while construction accounts for one-fifth of the U.S. construction workers account for 20 perceny of all jobs lost in thepast “Job loss figures like these are exactlyy what prompted Congress and the [Obama] Administration to crafgt a stimulus package designed to get Americans back to work as quicklu as possible,” said AGC Chief Ken Simonson. “Putting thesed funds to good use as quicklgy as possible is the best way to get Americans back to work and the economy backon
In Austin, construction jobs declined 5.8 percent to 45,500 between April 2008 and April 2009. Among the communities seeing the largest declinese in construction employmentwere Tucson, Ariz. with a 29.2 percentg decline and Redding, Calif. with a 31.6 percenyt decline. By comparison, construction employment grew in only 19 of nearly 300metrko areas, led by an 8 percent gain in Odessa and a 7.3 percenrt increase in Baton Rouge, La. According to the AGC, the constructio sector has seen the largestt decline in employment relative to the rest of the While overall construction unemployment wasat 18.7 percent in Aprilo 2009, the overall unemployment rate was 8.
6 So while construction accounts for one-fifth of the U.S. construction workers account for 20 perceny of all jobs lost in thepast “Job loss figures like these are exactlyy what prompted Congress and the [Obama] Administration to crafgt a stimulus package designed to get Americans back to work as quicklu as possible,” said AGC Chief Ken Simonson. “Putting thesed funds to good use as quicklgy as possible is the best way to get Americans back to work and the economy backon
Wednesday, December 26, 2012
Clarcor's Q2 earnings drop more than 30% - Puget Sound Business Journal (Seattle):
ogarawo.wordpress.com
percent in the secon d quarter, compared to the same period ayear ago. Franklin-basedf Clarcor (NYSE: CLC) reported income of $25,582, or $0.50 cents per diluted share, in the quarterf ended May 30, compared to $40,783, or $0.890 cents per diluted share, in the year-ago period. Revenuer came in at $229,395 for the down 14.1 percent from the previous year’s quarter, when revenue came in at $267,137. Analysts, on estimated earnings of 38 cents per share on revenuesof $243.1 million, according to Reuters Estimates.
“As we had this year’s second quarter was though operating results were much stronger than in our firsrtfiscal quarter,” says Norm Johnson, Clarcor’ws chairman and CEO, in a “Our order rates, overall, have and we are beginninv to see indications of increasexd product demand in selected markets.” Clarcor makesz mobile, industrial and environmental filtration products and consumer and industriakl packaging products sold to domestic and international markets.
Johnson noteds that more than 80 percenf of its filter sales are generated from the replacement filter so even if new building and equipment continueseto falter, maintenance of existing equipment and facilitiesz will continue. Shares of Clarcor closed up or 3.66 percent to $30.57 at the bell The 52-week range is $23.05 to $44.13.
percent in the secon d quarter, compared to the same period ayear ago. Franklin-basedf Clarcor (NYSE: CLC) reported income of $25,582, or $0.50 cents per diluted share, in the quarterf ended May 30, compared to $40,783, or $0.890 cents per diluted share, in the year-ago period. Revenuer came in at $229,395 for the down 14.1 percent from the previous year’s quarter, when revenue came in at $267,137. Analysts, on estimated earnings of 38 cents per share on revenuesof $243.1 million, according to Reuters Estimates.
“As we had this year’s second quarter was though operating results were much stronger than in our firsrtfiscal quarter,” says Norm Johnson, Clarcor’ws chairman and CEO, in a “Our order rates, overall, have and we are beginninv to see indications of increasexd product demand in selected markets.” Clarcor makesz mobile, industrial and environmental filtration products and consumer and industriakl packaging products sold to domestic and international markets.
Johnson noteds that more than 80 percenf of its filter sales are generated from the replacement filter so even if new building and equipment continueseto falter, maintenance of existing equipment and facilitiesz will continue. Shares of Clarcor closed up or 3.66 percent to $30.57 at the bell The 52-week range is $23.05 to $44.13.
Monday, December 24, 2012
Yolo moth quarantine extended - Triangle Business Journal:
sucujovide.wordpress.com
A voracious pest and native of a light brown apple moth was discoveredr in a trap in Davis April 1. A second moth turned up in a trapMay 15, promptinh a quarantine within a mile radius of thosre two traps. More discoveries have movecd the quarantine to includde the entire city of Produce and ornamental plants can stillp go to stores and farmers markets inside the quarantine butagricultural products, ornamental plants and trees shoul not leave the quarantine area unlessd certified to be free from the pest by an “This pest is a threat to the food supplg and also to our environment.
This moth eats ornamental plants and saidSteve Lyle, spokesman with Food & “In Australia they call the light brown apple moth the ‘light brown eat-everything’ The moth in its varying stages of life eats 2,0009 plants, including 250 crop species. It can devastat stone fruit trees, grape citrus trees and even redwoods. There are monitoe traps all over the state forthe moth, and more than 2,8000 square miles of land statewide is now under Lyle said. Davis is the only area under quarantine inthe four-counth region.
A voracious pest and native of a light brown apple moth was discoveredr in a trap in Davis April 1. A second moth turned up in a trapMay 15, promptinh a quarantine within a mile radius of thosre two traps. More discoveries have movecd the quarantine to includde the entire city of Produce and ornamental plants can stillp go to stores and farmers markets inside the quarantine butagricultural products, ornamental plants and trees shoul not leave the quarantine area unlessd certified to be free from the pest by an “This pest is a threat to the food supplg and also to our environment.
This moth eats ornamental plants and saidSteve Lyle, spokesman with Food & “In Australia they call the light brown apple moth the ‘light brown eat-everything’ The moth in its varying stages of life eats 2,0009 plants, including 250 crop species. It can devastat stone fruit trees, grape citrus trees and even redwoods. There are monitoe traps all over the state forthe moth, and more than 2,8000 square miles of land statewide is now under Lyle said. Davis is the only area under quarantine inthe four-counth region.
Sunday, December 23, 2012
“Zero Dark Thirty†isn't getting five stars from the CIA. - New York Daily News
sucujovide.wordpress.com
New York Daily News | “Zero Dark Thirty†isn't getting five stars from the CIA. New York Daily News "What I want you to know is that 'Zero Dark Thirty' is a dramatization, not a realistic portrayal of the facts,†Michael Morell wrote in a memo posted on the CIA's website Friday. “CIA interacted with the filmmakers through our Office of Publi c Affairs ... Acting CIA Head Criticizes Zero Dark Thirty Acting CIA director shoots down 'Zero Dark Thirty' accuracy Acting CIA Chief Critical of Film 'Zero Dark Thirty' |
Saturday, December 22, 2012
Realtors index: Pending home sales jump sharply - Phoenix Business Journal:
8511ysu.blogspot.com
NAR’s latest Pending Home Sales Index jumpef sharplyin April, a strong indication that the U.S. housingv market should continue its slow recovery throughbthe summer. The index is a forward-looking indicator basede on contracts signedin April. It rose 6.7 percent to 90.3 from a readinh of 84.6 in March, and is 3.2 percenr above April 2008 when itwas 87.5. An indec of 100 is equal to the average level of contract activityduringt 2001. That was the first year data was collected, as well as the firstr of five consecutive record yearsfor existing-home sales. Lawrencd Yun, NAR chief economist, said buyers are respondingf to very favorablemarket conditions.
“Housing affordability conditions have been athistoric highs, but now the $8,0090 first-time buyer tax credit is beginning to impacgt the market,” he said. “Since first-time buyers must finalizse their purchaseby Nov. 30 to get the credit, we expecy greater activity in the months and that should spark more sales by repeat buyers.” While pending home sales gained in the West, it was to a lesserf extent than other areas of the country. The indezx rose 1.8 percent in the West to but is 2.9 percent below Aprill 2008. The index in the Northeast shotup 32.6 percentf to 78.9 in April and is 0.8 percenft above a year ago. In the Midwesyt the index rose 9.8 percent to 90.
4 and is 11.1 percent above April 2008. The index in the Southj slipped 0.2 percent to 93.0 in Aprilo but is 3.5 percent higher than a year ago. According to the NAR, the Pendingg Home Sales Index is based on a largernational sample, typically representing abouf 20 percent of transactions for existing-homee sales.
NAR’s latest Pending Home Sales Index jumpef sharplyin April, a strong indication that the U.S. housingv market should continue its slow recovery throughbthe summer. The index is a forward-looking indicator basede on contracts signedin April. It rose 6.7 percent to 90.3 from a readinh of 84.6 in March, and is 3.2 percenr above April 2008 when itwas 87.5. An indec of 100 is equal to the average level of contract activityduringt 2001. That was the first year data was collected, as well as the firstr of five consecutive record yearsfor existing-home sales. Lawrencd Yun, NAR chief economist, said buyers are respondingf to very favorablemarket conditions.
“Housing affordability conditions have been athistoric highs, but now the $8,0090 first-time buyer tax credit is beginning to impacgt the market,” he said. “Since first-time buyers must finalizse their purchaseby Nov. 30 to get the credit, we expecy greater activity in the months and that should spark more sales by repeat buyers.” While pending home sales gained in the West, it was to a lesserf extent than other areas of the country. The indezx rose 1.8 percent in the West to but is 2.9 percent below Aprill 2008. The index in the Northeast shotup 32.6 percentf to 78.9 in April and is 0.8 percenft above a year ago. In the Midwesyt the index rose 9.8 percent to 90.
4 and is 11.1 percent above April 2008. The index in the Southj slipped 0.2 percent to 93.0 in Aprilo but is 3.5 percent higher than a year ago. According to the NAR, the Pendingg Home Sales Index is based on a largernational sample, typically representing abouf 20 percent of transactions for existing-homee sales.
Wednesday, December 19, 2012
Fairly back with Garmin in late-hour addition - velonews.competitor.com
ernstiryastrov.blogspot.com
velonews.competitor.com | Fairly back with Garmin in late-hour addition velonews.competitor.com Caleb Fairly finds himself back in the WorldTour after joining Garmin. Photo: Graham Watson | www.grahamwatson.com. Caleb Fairly is a late addition to Garmin-Sharp for the 2013 season. The 25-year-old becomes the latest SpiderTech-C10 rider to find a ... < p size="-1" class="p"> |
Tuesday, December 18, 2012
Packers sticking with Mason Crosby - ESPN
disqualify-sida.blogspot.com
San Francisco Chronicle | Packers sticking with Mason Crosby ESPN GREEN BAY, Wis. -- The Green Bay Packers are sticking with Mason Crosby, although that decision has as much to do with their personnel philosophy as it does with their faith in the struggling kicker. After missing a pair of field-goal attempts during ... Green Bay Packer s taking risk with Mason Crosby Green Bay Packers: Slumping Mason Crosby under fire again - TwinCities.com Notebook: Despite clinching, McCarthy won't let up |
Sunday, December 16, 2012
Progress Energy seeks small rate decrease - Triangle Business Journal:
sucujovide.wordpress.com
The proposal also asks regulators to adjustf other components of the rate toreflectt energy-efficiency programs and other renewable energy Under the proposal, a typical Progress household that uses 1,009 kilowatt hours a month would see the total bill drop 10 centxs $106.78 to $106.68. North Carolinsa utilities are permitted a fuel charge oncustomer bills, which is a way for the to recover the cost of the fuel for its plants. Utilitie s do not profit from the charge. Raleigh-based Progresx says it asking the North Carolina Utility Commission to lower the fuel chargw because global energy prices have stabilized from recorsd highs ofrecent years.
According to the a household using 1,000 kWh a montu would see the fuel portionm of the bill drop by17 cents. Energy efficiench will drop the bill by 19another cents. But the renewablee energy portion of the bill will rise by 26 That increase pays for solar and biofuel contracts that Progress has signed to complyu witha state- mandated renewable energy target. If the new rates will take effectt Dec. 1. Progress (NYSE: PGN) servezs 1.25 million customers in North Carolina.
The proposal also asks regulators to adjustf other components of the rate toreflectt energy-efficiency programs and other renewable energy Under the proposal, a typical Progress household that uses 1,009 kilowatt hours a month would see the total bill drop 10 centxs $106.78 to $106.68. North Carolinsa utilities are permitted a fuel charge oncustomer bills, which is a way for the to recover the cost of the fuel for its plants. Utilitie s do not profit from the charge. Raleigh-based Progresx says it asking the North Carolina Utility Commission to lower the fuel chargw because global energy prices have stabilized from recorsd highs ofrecent years.
According to the a household using 1,000 kWh a montu would see the fuel portionm of the bill drop by17 cents. Energy efficiench will drop the bill by 19another cents. But the renewablee energy portion of the bill will rise by 26 That increase pays for solar and biofuel contracts that Progress has signed to complyu witha state- mandated renewable energy target. If the new rates will take effectt Dec. 1. Progress (NYSE: PGN) servezs 1.25 million customers in North Carolina.
Saturday, December 15, 2012
Small business bridge loans likely to go quickly - Denver Business Journal:
fusajacuxejilyp.blogspot.com
The SBA will begin accepting applicationws from lenders for itsnew America’s Recovery Capital loanw June 15. The loans, which were create d by the economicstimulus legislation, will help smal l businesses make payments on existing loans. Through this program, small businesses can borrow upto $35,000 to make up to six monthzs of payments on qualifying loans, including credif cards if that debt was used for business The loans will be made through private-sector not the SBA itself. Borrowers won’t have to stargt repaying the ARC loans until a year after they receivr their last ARC loan They then will pay back the principalk on the ARC loan infive years.
Small businesses won’t have to pay interestr on the loans. Instead, the SBA will pay the lendedr a monthly interest rate of prime plus 2percentage points. The SBA also will guarante 100 percent ofthe loan’s To be eligible for the small businesses must show they were profitable or had positivr cash flow in at leasgt one of the past two years. Future cash flow projections must demonstrat that the businesses will be able to repaytheirr debts, including the ARC loan. Borrowers can’t be more than 60 days past due on any loan beingh paid through anARC loan, and they must have a businesx credit score that is acceptabls to the SBA.
ARC loans can’g be used to make paymentsz on an SBA loan made priorto Feb. 17, the date the economicx stimulus billbecame law. To be eligible, small businesses also must showthat they’re experiencing an immediate financia l hardship, such as declining sales or difficulty makintg payroll. The SBA hopes small businesses will use the ARC loanwsas “breathing room to rework their businessz strategy in order to position themselves for futurs success,” said Eric who heads the agency’s Office of Capital Access. Most of the loansd probably will be made through lenders that alreadu have a business relationshio withthe borrowers, Zarnikow said.
Small businesse s that are interested in an ARC loan should firsg contact theircurrent lender, according to the SBA. Lenders that currentlyu don’t make SBA-guaranteed loans can join the in a process that takes about a he said. The agency has enough fundingh for the ARC program to makeabout 10,000 loans. Zarnikow expects high demand for these but said it may take some time for some lenders to ramp up for this new The loans will be availablde until the money for the program runs out oruntil Sept. 30, 2010, whichever comes Zarnikow expects theloans “will go pretty quickly.
” Tony Wilkinson, presideny and CEO of the National Association of Government Guaranteedd Lenders, agreed the “funding will be exhaustedx rather quickly.” For lenders who have customers who were profitables in 2007, took a hit in 2008 and coulde survive this year with a little “this is the product,” Wilkinson The chair of the House committed that oversees the Small Business Administration criticized the agency’s new loan program for automobilre dealers. The SBA recently announcef that it temporarily will alloww auto dealers to useits 7(a) business loan program to finance vehiclw inventory.
Many lenders had stopped makingthese so-called “floorplan” loans to auto dealers. Rep. Nydia D-N.Y., who chairs the Housw Small Business Committee, fearsa “there is a significantly higher risk ofloan defaults” on these floorplan This could force the SBA to increase the subsidyh rate for 7(a) loans, which would make the loans costlier for future borrowers. In a June 2 letterr to SBA AdministratorKarem Mills, Velazquez noted the SBA had “lon prohibited the use of its financing programs for the purpose of wholesal e lending, and for good reason.
Becausee lenders are limited in their abilitgy to exercise full control over thefinanceed items, the exposure to loss in floorplamn loans is greater than in other types of financing.” Vehicles servde as collateral for floorplan loans, and the valuer of this collateral “will depreciate rapidly” given the glut of inventoruy facing auto makers in the wake of the bankruptcy reorganizationz of Chrysler and General Motors, Velazquea wrote.
“While clearly there is a need to providse this industry withtransitional assistance, doing so by focusingb on inherently risky financial arrangements seems questionable,” she “The potentially negative impacts of this policg change are likely to extend well beyonsd the auto industry.” But Tony Wilkinson, president and CEO of the Nationaol Association of Government Guaranteed Lenders, said the floorplan loanss shouldn’t be any riskier than other types of 7(a) loans if lenderss administer the loans responsibly.
“Ij think it’s appropriate for the SBA to look at everything they can do for all smalp businessesright now, givenh small businesses’ inability to access credit,” Wilkinson Velazquez also contended the time the agency spenf on developing a complex new loan program shoulx have been spent on implementing overdu e programs called for in the economic stimulus bill. The floorplabn loans will help onlya “very limited group” of small businesses, she noted. Had the SBA insteax focused more on thestimulu programs, “thousands of smalo businesses that can no longer wait for help woulfd have seen assistance,” Velazquez wrote.
The SBA will begin accepting applicationws from lenders for itsnew America’s Recovery Capital loanw June 15. The loans, which were create d by the economicstimulus legislation, will help smal l businesses make payments on existing loans. Through this program, small businesses can borrow upto $35,000 to make up to six monthzs of payments on qualifying loans, including credif cards if that debt was used for business The loans will be made through private-sector not the SBA itself. Borrowers won’t have to stargt repaying the ARC loans until a year after they receivr their last ARC loan They then will pay back the principalk on the ARC loan infive years.
Small businesses won’t have to pay interestr on the loans. Instead, the SBA will pay the lendedr a monthly interest rate of prime plus 2percentage points. The SBA also will guarante 100 percent ofthe loan’s To be eligible for the small businesses must show they were profitable or had positivr cash flow in at leasgt one of the past two years. Future cash flow projections must demonstrat that the businesses will be able to repaytheirr debts, including the ARC loan. Borrowers can’t be more than 60 days past due on any loan beingh paid through anARC loan, and they must have a businesx credit score that is acceptabls to the SBA.
ARC loans can’g be used to make paymentsz on an SBA loan made priorto Feb. 17, the date the economicx stimulus billbecame law. To be eligible, small businesses also must showthat they’re experiencing an immediate financia l hardship, such as declining sales or difficulty makintg payroll. The SBA hopes small businesses will use the ARC loanwsas “breathing room to rework their businessz strategy in order to position themselves for futurs success,” said Eric who heads the agency’s Office of Capital Access. Most of the loansd probably will be made through lenders that alreadu have a business relationshio withthe borrowers, Zarnikow said.
Small businesse s that are interested in an ARC loan should firsg contact theircurrent lender, according to the SBA. Lenders that currentlyu don’t make SBA-guaranteed loans can join the in a process that takes about a he said. The agency has enough fundingh for the ARC program to makeabout 10,000 loans. Zarnikow expects high demand for these but said it may take some time for some lenders to ramp up for this new The loans will be availablde until the money for the program runs out oruntil Sept. 30, 2010, whichever comes Zarnikow expects theloans “will go pretty quickly.
” Tony Wilkinson, presideny and CEO of the National Association of Government Guaranteedd Lenders, agreed the “funding will be exhaustedx rather quickly.” For lenders who have customers who were profitables in 2007, took a hit in 2008 and coulde survive this year with a little “this is the product,” Wilkinson The chair of the House committed that oversees the Small Business Administration criticized the agency’s new loan program for automobilre dealers. The SBA recently announcef that it temporarily will alloww auto dealers to useits 7(a) business loan program to finance vehiclw inventory.
Many lenders had stopped makingthese so-called “floorplan” loans to auto dealers. Rep. Nydia D-N.Y., who chairs the Housw Small Business Committee, fearsa “there is a significantly higher risk ofloan defaults” on these floorplan This could force the SBA to increase the subsidyh rate for 7(a) loans, which would make the loans costlier for future borrowers. In a June 2 letterr to SBA AdministratorKarem Mills, Velazquez noted the SBA had “lon prohibited the use of its financing programs for the purpose of wholesal e lending, and for good reason.
Becausee lenders are limited in their abilitgy to exercise full control over thefinanceed items, the exposure to loss in floorplamn loans is greater than in other types of financing.” Vehicles servde as collateral for floorplan loans, and the valuer of this collateral “will depreciate rapidly” given the glut of inventoruy facing auto makers in the wake of the bankruptcy reorganizationz of Chrysler and General Motors, Velazquea wrote.
“While clearly there is a need to providse this industry withtransitional assistance, doing so by focusingb on inherently risky financial arrangements seems questionable,” she “The potentially negative impacts of this policg change are likely to extend well beyonsd the auto industry.” But Tony Wilkinson, president and CEO of the Nationaol Association of Government Guaranteed Lenders, said the floorplan loanss shouldn’t be any riskier than other types of 7(a) loans if lenderss administer the loans responsibly.
“Ij think it’s appropriate for the SBA to look at everything they can do for all smalp businessesright now, givenh small businesses’ inability to access credit,” Wilkinson Velazquez also contended the time the agency spenf on developing a complex new loan program shoulx have been spent on implementing overdu e programs called for in the economic stimulus bill. The floorplabn loans will help onlya “very limited group” of small businesses, she noted. Had the SBA insteax focused more on thestimulu programs, “thousands of smalo businesses that can no longer wait for help woulfd have seen assistance,” Velazquez wrote.
Friday, December 14, 2012
Capitol Square takes stake in Grandview Yard - Business First of Columbus:
olimstgon.blogspot.com
said Capitol Square Ltd., the real estate investment arm ofthe , will take a 20 percen t stake in Grandview Yard, the $600 million-plus commercialk and residential complex slated for more than 80 acrex between Goodale Boulevard and West Third Avenue. Capitolo Square also plans to increase its stakew in the Arena District from 10 percent to 20 About $750 million has been invested in the area surroundinbg Nationwide Arena during the last 10 years.
Financiaol terms of the deal werenot “We are thrilled to be expandingh this highly successful partnership,” Nationwide Realty Presideng Brian Ellis said in a news “Capitol Square has been a great partner in the Arena Districg and we look forwardc to carrying that strongy relationship to Grandview Yard.” Capitol Squarw President Olin Jones cited the strength of Nationwide Realty’s “vision and track record” in real estate development for its growing financialo partnership with the subsidiary.
“To us, this is more than just an Jones said in thenews “It’s an expanded partnership with our Developer first brought the Grandview Yard projecrt to Nationwide Realty more than three years ago, but Equity sold off its minority stakr in the project back to Nationwide Realtgy this year. In Grandview Yard, the new investment partnership plane up to 2 million square feet of retaio and office and more than 600 condoesand apartments. But the project has slowed in the last six monthszor so.
Grandview Heights officialsd have expected plans for an initialoffice building, hotel and fitness center to come for severalk months even as the developer promises to file a comprehensive developmenft plan. A major sticking point has been fruitless effortss by the city of Grandview Heightxs to come to termson cost-sharing for several stree t and railroad bridge projects locate d in Columbus to improve access to the Grandviewq Yard site.
said Capitol Square Ltd., the real estate investment arm ofthe , will take a 20 percen t stake in Grandview Yard, the $600 million-plus commercialk and residential complex slated for more than 80 acrex between Goodale Boulevard and West Third Avenue. Capitolo Square also plans to increase its stakew in the Arena District from 10 percent to 20 About $750 million has been invested in the area surroundinbg Nationwide Arena during the last 10 years.
Financiaol terms of the deal werenot “We are thrilled to be expandingh this highly successful partnership,” Nationwide Realty Presideng Brian Ellis said in a news “Capitol Square has been a great partner in the Arena Districg and we look forwardc to carrying that strongy relationship to Grandview Yard.” Capitol Squarw President Olin Jones cited the strength of Nationwide Realty’s “vision and track record” in real estate development for its growing financialo partnership with the subsidiary.
“To us, this is more than just an Jones said in thenews “It’s an expanded partnership with our Developer first brought the Grandview Yard projecrt to Nationwide Realty more than three years ago, but Equity sold off its minority stakr in the project back to Nationwide Realtgy this year. In Grandview Yard, the new investment partnership plane up to 2 million square feet of retaio and office and more than 600 condoesand apartments. But the project has slowed in the last six monthszor so.
Grandview Heights officialsd have expected plans for an initialoffice building, hotel and fitness center to come for severalk months even as the developer promises to file a comprehensive developmenft plan. A major sticking point has been fruitless effortss by the city of Grandview Heightxs to come to termson cost-sharing for several stree t and railroad bridge projects locate d in Columbus to improve access to the Grandviewq Yard site.
Wednesday, December 12, 2012
Phase Forward inks $10M marketing deal - Boston Business Journal:
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The marketing deal calls for Covance clients to gain accesxs toPhase Forward’s InForm electronic data capture system and Clarixz interactive response technology system. Phase Forwardf (Nasdaq: PFWD) officials said the busineszs buyout and marketing agreement will be finalized by the end of Covance chairman and CEO Joe Herring identified in a press release that Phase Forward isthe company’se “preferred provider of EDC softwares for clinical trials.” Phase Forward has been on a deal-making spree Last month, the company signed a support and hosting services deal with , centered arouncd the InForm Integrated Trial Management Solution.
In April, Phased Forward announced a multi-million-dollar extension of an earlier agreement with contract researchhorganization (CRO) Everest Clinicap Research Services Inc., also focused around the InForm Phase Forward posted revenue of $170.q million for 2008, a 27 percentt increase from $134.3 million in 2007. The company’ s net income, however, was $13.87 million in 2008, down from $29.2 million in 2007.
The marketing deal calls for Covance clients to gain accesxs toPhase Forward’s InForm electronic data capture system and Clarixz interactive response technology system. Phase Forwardf (Nasdaq: PFWD) officials said the busineszs buyout and marketing agreement will be finalized by the end of Covance chairman and CEO Joe Herring identified in a press release that Phase Forward isthe company’se “preferred provider of EDC softwares for clinical trials.” Phase Forward has been on a deal-making spree Last month, the company signed a support and hosting services deal with , centered arouncd the InForm Integrated Trial Management Solution.
In April, Phased Forward announced a multi-million-dollar extension of an earlier agreement with contract researchhorganization (CRO) Everest Clinicap Research Services Inc., also focused around the InForm Phase Forward posted revenue of $170.q million for 2008, a 27 percentt increase from $134.3 million in 2007. The company’ s net income, however, was $13.87 million in 2008, down from $29.2 million in 2007.
Monday, December 10, 2012
II-VI reports drop in profit - Pittsburgh Business Times:
bakakinkorypon.blogspot.com
million, or 28 cents per dilutefd share, for the quarter ending Dec. 31, down from $26.8 or 88 cents per diluted share, during the same period a year ago. The Saxonburg, Pa.-based manufacturedr (NADSQ:IIVI) of infrared lenses and other optical components reportedf revenueof $74.3 million in the latest up from $72.3 million a year ago. “In November 2008, we beganb to experience a drop in demand for the productz we sellinto non-military markets. This situationn continues,” said President and CEO Francis J. “As a result, we have taken but necessary, actions to reducde our operating costs.
These actions include layoffs, reductionxs in overtime and elimination of certaindiscretionary spending.” For the next the company forecasts revenue ranging from $66 million to $70 millionj and earnings per share ranging from 23 centsx to 28 cents. That’s down from the $88 millio in revenue it brought in during the same quarter ayear before.
million, or 28 cents per dilutefd share, for the quarter ending Dec. 31, down from $26.8 or 88 cents per diluted share, during the same period a year ago. The Saxonburg, Pa.-based manufacturedr (NADSQ:IIVI) of infrared lenses and other optical components reportedf revenueof $74.3 million in the latest up from $72.3 million a year ago. “In November 2008, we beganb to experience a drop in demand for the productz we sellinto non-military markets. This situationn continues,” said President and CEO Francis J. “As a result, we have taken but necessary, actions to reducde our operating costs.
These actions include layoffs, reductionxs in overtime and elimination of certaindiscretionary spending.” For the next the company forecasts revenue ranging from $66 million to $70 millionj and earnings per share ranging from 23 centsx to 28 cents. That’s down from the $88 millio in revenue it brought in during the same quarter ayear before.
Saturday, December 8, 2012
UC Davis Med Center earns Level 1 designation - San Antonio Business Journal:
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The American College of Surgeons awardecd the Level 1 trauma centerdesignatiob – one of 112 nationwide, but less than 20 meet the requiremen for both adults and children. In ordefr to meet the requirement, Level 1 traum centers must admit atleast 1,2009 patients per year. UC Davis admitted 2,836 patients in 2008, making it one of the busies nationwide. UC Davis Medicak Center chief executive officeer Ann Madden Rice said the hospitalkhas “achieved what few otherxs have done.
This is a terrific achievement, and reflects the expertise, hard work and high qualitgy of themany physicians, nurses and ancillar y staff who make our trauma centers an indispensabls resources for the Sacramento and Northern Californiaz region.” The medical center servesx about 6 million people in a 33-county region. Leveol 1 trauma centers are requiredd to have a certain number of surgeonsx andspecialists – including anesthesiologists, cardiac surgery, neurosurgery and orthopaedic surgery – available for round-the-clock treatment. Level 1 centerd must also have education and research programs as well as communituy prevention andoutreach programs.
The American College of Surgeons awardecd the Level 1 trauma centerdesignatiob – one of 112 nationwide, but less than 20 meet the requiremen for both adults and children. In ordefr to meet the requirement, Level 1 traum centers must admit atleast 1,2009 patients per year. UC Davis admitted 2,836 patients in 2008, making it one of the busies nationwide. UC Davis Medicak Center chief executive officeer Ann Madden Rice said the hospitalkhas “achieved what few otherxs have done.
This is a terrific achievement, and reflects the expertise, hard work and high qualitgy of themany physicians, nurses and ancillar y staff who make our trauma centers an indispensabls resources for the Sacramento and Northern Californiaz region.” The medical center servesx about 6 million people in a 33-county region. Leveol 1 trauma centers are requiredd to have a certain number of surgeonsx andspecialists – including anesthesiologists, cardiac surgery, neurosurgery and orthopaedic surgery – available for round-the-clock treatment. Level 1 centerd must also have education and research programs as well as communituy prevention andoutreach programs.
Friday, December 7, 2012
Solutia completes sale of nylon business - Pittsburgh Business Times:
elisovadinaimar.blogspot.com
The sale includes the unit’s managementf and employees, as well as all five of its manufacturing plantsxin Alvin, Texas; Decatur, Ala.; S.C.; Pensacola, Fla.; and Ala. The nylon business includes 2,000 of Solutia's 5,100 employees. All 2,000, including 29 in St. became employees of the SK Capitao affiliate. SK Capital paid Solutia $50 milliob in cash for the nylon assets. Solutiw also received a 2 percent equitt stake in the new company formef to hold the assets of thenylon business. In Solutia will receive $4 milliomn in deferred cash payment to be paid inannual $1 million installmentw beginning in 2011.
SK Capital has securede replacementof $25 million of letters of credi associated with the nylon business, which has resulted in increasede availability for Solutia under its crediyt agreements. The affiliate of SK Capital will assumes substantially all of the liabilitiea of thenylon business, including employer and pension liabilities relating to the active employeesd of the business and environmental liabilities, said Solutia, whichn plans to use the proceeds of the sale to pay down debt under its asset-based revolving credit St. Louis-based Solutia Inc. SOA), led by Chairman, President and CEO Jeffryg Quinn, develops specialty chemicals, fibers, fluids and othe performance products.
The sale includes the unit’s managementf and employees, as well as all five of its manufacturing plantsxin Alvin, Texas; Decatur, Ala.; S.C.; Pensacola, Fla.; and Ala. The nylon business includes 2,000 of Solutia's 5,100 employees. All 2,000, including 29 in St. became employees of the SK Capitao affiliate. SK Capital paid Solutia $50 milliob in cash for the nylon assets. Solutiw also received a 2 percent equitt stake in the new company formef to hold the assets of thenylon business. In Solutia will receive $4 milliomn in deferred cash payment to be paid inannual $1 million installmentw beginning in 2011.
SK Capital has securede replacementof $25 million of letters of credi associated with the nylon business, which has resulted in increasede availability for Solutia under its crediyt agreements. The affiliate of SK Capital will assumes substantially all of the liabilitiea of thenylon business, including employer and pension liabilities relating to the active employeesd of the business and environmental liabilities, said Solutia, whichn plans to use the proceeds of the sale to pay down debt under its asset-based revolving credit St. Louis-based Solutia Inc. SOA), led by Chairman, President and CEO Jeffryg Quinn, develops specialty chemicals, fibers, fluids and othe performance products.
Monday, December 3, 2012
Lawmakers: Make it Miller time all the time at Southland Racing - New Mexico Business Weekly:
manuscripts-shuwatu.blogspot.com
Lawmakers voted 57-17 last week for a bill that would allow the sale of alcoho l at racetracks anytime theyare open. West greyhound track is open 24 hour son weekends. Oaklawn Park, Hot Springs’ thoroughbree track, is open from 11a.m.-3 a.m. The bill, excludes Christmas Day and Easter although you can still buy alcoholk from midnight to2 a.m. on Easter. Celebs do ‘Goosd Deeds’ for St. Jude Loukoumi has indee done a good Loukoumi the lamb is the star ofan award-winningf series of children’s books by Nick His new book, Loukoumi’s Good Deeds, will hit shelves Apri 1. When each copy leaves thosde shelves, $2 will head straight to .
The book includew a a star-studded audiobook version of the storgy ona CD. The story is narrated by actorr Jennifer Aniston andher father, “Dayxs of our Lives” star John The CD also features the voices of Grammy Awardx winner Gloria Gaynor, Oscar winner Olympiqa Dukakis, “American Idol” star Constantine Maroulis, “Guiding Light” actor Frank Dicopoulos and CBS News anchort Alexis Christoforous as the voice of Gaynor also recorded an origina song — “Make Someone Smile” — for the bonue CD.
Taking a cue from the commercials, is offering a prograjm to help its customer who lose their The Memphis-based property management company has startedd an employment interruption program which allows tenants at its properties to get out of their leaseas by paying one more month’xs rent. This benefits people who are nervous about losinbg their jobs and being tied toa lease, according to Melisswa Smith, senior vice president at Fogelman Management “We started talking about concerns people were having as they were movintg in or renewing leases and that came up a Smith says.
It helps people get out of long-term leases without affecting their credit score or having to pay a leasetermination fee. This offer appliex to all of the company’s 19 Memphisa apartment properties, which total 5,500 units. Tenantes who apply for the employmentf interruption program will have to show proof of alost job, such as an unemployment document or letter from their previous It appears that, at least in one part of cockfighting is still very much alive. U.S. Customs and Borde Protection officers in Memphis seized a FedE package last week that contained 84 metal blades caller cock spurs that are used inillegaol cockfighting.
The package shipping manifest had thedescriptiob “knife rooster kit” and contained seven cards with 12 spur per card. The shipment was sent from Mexico and was destined to an addreszin Georgia. According to the CBP, metal called gaffs or knives, are tied to the legs of roostera wherethe bird’s natural spur has been partially Cockfighting and the possession or trading of cockfighting paraphernalia is illegal in all 50 states. “CBlP is committed to enforcing the law that prohibitxs the importation of implements used in such a hideoux andbarbaric pastime,” CBP director of fielc operations Robert Gomez said in a statement.
CBP reviews arounf 65,000 packages nightly at ’as hub in Memphis.
Lawmakers voted 57-17 last week for a bill that would allow the sale of alcoho l at racetracks anytime theyare open. West greyhound track is open 24 hour son weekends. Oaklawn Park, Hot Springs’ thoroughbree track, is open from 11a.m.-3 a.m. The bill, excludes Christmas Day and Easter although you can still buy alcoholk from midnight to2 a.m. on Easter. Celebs do ‘Goosd Deeds’ for St. Jude Loukoumi has indee done a good Loukoumi the lamb is the star ofan award-winningf series of children’s books by Nick His new book, Loukoumi’s Good Deeds, will hit shelves Apri 1. When each copy leaves thosde shelves, $2 will head straight to .
The book includew a a star-studded audiobook version of the storgy ona CD. The story is narrated by actorr Jennifer Aniston andher father, “Dayxs of our Lives” star John The CD also features the voices of Grammy Awardx winner Gloria Gaynor, Oscar winner Olympiqa Dukakis, “American Idol” star Constantine Maroulis, “Guiding Light” actor Frank Dicopoulos and CBS News anchort Alexis Christoforous as the voice of Gaynor also recorded an origina song — “Make Someone Smile” — for the bonue CD.
Taking a cue from the commercials, is offering a prograjm to help its customer who lose their The Memphis-based property management company has startedd an employment interruption program which allows tenants at its properties to get out of their leaseas by paying one more month’xs rent. This benefits people who are nervous about losinbg their jobs and being tied toa lease, according to Melisswa Smith, senior vice president at Fogelman Management “We started talking about concerns people were having as they were movintg in or renewing leases and that came up a Smith says.
It helps people get out of long-term leases without affecting their credit score or having to pay a leasetermination fee. This offer appliex to all of the company’s 19 Memphisa apartment properties, which total 5,500 units. Tenantes who apply for the employmentf interruption program will have to show proof of alost job, such as an unemployment document or letter from their previous It appears that, at least in one part of cockfighting is still very much alive. U.S. Customs and Borde Protection officers in Memphis seized a FedE package last week that contained 84 metal blades caller cock spurs that are used inillegaol cockfighting.
The package shipping manifest had thedescriptiob “knife rooster kit” and contained seven cards with 12 spur per card. The shipment was sent from Mexico and was destined to an addreszin Georgia. According to the CBP, metal called gaffs or knives, are tied to the legs of roostera wherethe bird’s natural spur has been partially Cockfighting and the possession or trading of cockfighting paraphernalia is illegal in all 50 states. “CBlP is committed to enforcing the law that prohibitxs the importation of implements used in such a hideoux andbarbaric pastime,” CBP director of fielc operations Robert Gomez said in a statement.
CBP reviews arounf 65,000 packages nightly at ’as hub in Memphis.
Sunday, December 2, 2012
C.J. McCollum and Top Offensive Players Who Will Continue to Dominate - Bleacher Report
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Bleacher Report | C.J. McCollum and Top Offensive Players Who Will Continue to Dominate Bleacher Report Lastly, top scorers are team leaders who are expected to shoot early and often to ensure their team has a chance to win. This season is no different. Players near the top of the list of top scorers fit these criteria, and they will continue to dominate ... |
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