Friday, December 14, 2012

Capitol Square takes stake in Grandview Yard - Business First of Columbus:

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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.

Monday, December 10, 2012

II-VI reports drop in profit - Pittsburgh Business Times:

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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.

Friday, December 7, 2012

Solutia completes sale of nylon business - Pittsburgh Business Times:

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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:

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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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