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.

Saturday, December 8, 2012

UC Davis Med Center earns Level 1 designation - San Antonio Business Journal:

tatyanagepoji.blogspot.com
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.

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.

Sunday, December 2, 2012

C.J. McCollum and Top Offensive Players Who Will Continue to Dominate - Bleacher Report

sucujovide.wordpress.com


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 ...



and more »

Wednesday, November 28, 2012

New M2Gen headquarters expected to create more jobs - Tampa Bay Business Journal:

sucujovide.wordpress.com
First announced in late M2Gen hasreceived $28 million in support from Hillsborough County, $15 million from Floridaa and $2 million from the city of Tampa, including When M2Gen originated as an outgrowthh of Moffitt’s Total Cancer Care Moffitt went out looking for an industry partner that woul assist in funding and work in a collaborative manner to understand how best to develop drugs, said Rick M2Gen COO. Pharmaceutical company (NYSE:MRK) bought into and understood the Garrison said.
Although Mercj declined comment, its total investment is said by M2Gejn to be multiple times that ofHillsborough County’s So far, M2Gen has recruited 26,000 people to participatr in a genomic study through a networj of nine hospitals in Floridqa and seven outside the state. Through these sites, M2Genj employs 30 people in the Florida hospitals and 24 outsidwthe state, and an additional 60 employeesa report directly to the M2Gen In addition to office and laboratorg space, the headquarters will house a robotic-driven freezer” for storage of tissue samplea for the study, Garrison said.
Genomicf information from these samples is the basisz for an electronic database that could speedf up the drug development process and save tens of millionsd of dollars acrossseveral industries, making M2Gen a “valued proposition” for patients, physicians, and the biotec and pharmacy industries, Garrisonm said. By 2011, M2Gen expects to create 165 directg jobsin Florida, with the majoritty in Hillsborough County, and an additional 350 indirect for about 500 total jobs. In the short M2Gen will provide an immediate boost tothe economy, said Hillsborougb County Commissioner Mark Sharpe.
In addition to creatintg direct employment, the venture will need businesse s to provide support that could rang from medical devices topaper copies, Sharpd said. In the first of many buildings plannexd fora 30-acre campusx on McKinley Drive, M2Gen creates potentia for “spin-off” and “follow-on” companies, said Gene Gray, economic development director for Hillsborough County. Once a “medica district” or a “high-tech shapes up, the opportunities for any vendor involved in the equipment and materialss forthe life-science industry could multiply. “Ij think we’re going to see a significant ripple Gray said.

Monday, November 26, 2012

ABX parent wins business from Qantas, DHL - Business First of Columbus:

deeshu-tatum.blogspot.com
Wilmington-based Inc. (NASDAQ:ATSG) said that ABX under a new agreement will run charted service six days a weekbetweenm Brussels, Belgium, and Lagos, Nigeria, for DHL affiliatee European Air Transport NV/SA. The agreement initially calls for service to runthrougg September. As part of the DHL agreement, ABX and a newlty formed Air Transport subsidiary, Airborne Maintenance and Engineering will maintain the aircraft in Brusseleand Lagos. Air Transport also said it signefa two-year agreement with Freight, a subsidiary of Australian carriert Qantas Airways Ltd.
The deal callsz for its Air Transport International subsidiary to run overnighgt service between Australia and New Zealandf every Monday through Thursdayu beginningJune 15. Air Transport said the companyt will useBoeing 767-200-SF aircraft, which also will be availablew for charter service and weekend rotations. The new contractsa come amid an ongoinh effort from Air Transport to diversify its revenue streakm after losing thousands of jobsas DHL, its primary has made drastic changes to its U.S. operations. Those moveds include halting domestic point-to-pointr shipping and planning to shift cargo operations tothe Cincinnati-Northerh Kentucky Airport from the Wilmington Air Park.
The Airbornse Maintenance subsidiary, which earlierf this year was awardeda $4 millionm tax credit for proposed operations in Wilmington, was formed in the wake of DHL’e plans.