oc697vot.blogspot.com
Construction companies and technology firms shouls already be tracking upcoming projectzof interest. The funding will flow to local communitieds through a varietyof sources, including stimulus local bond initiatives, disaster recovery programs and non-stimuluxs grants. The influx of dollars will result in thousandds of opportunities to buildnew facilities, renovatw and modernize existing buildings, upgrade and enhance existinv technology and provide infrastructure improvements.
New and newly renovatex facilities will also requireupgraded security, furniture, fixtures and Despite all the talk surrounding the Americaj Recovery and Reinvestment Act, most of the fundz have not yet started A recent report stated that less than 6 percentf of the total funding has been releasec by the federal government. Watch for Texas schoopl districts to receive larger chunks ofthe funding. Some school districts already have authorization tobegin spending, but most of the activity is still a month or so This summer, the Texas Education Agencty will open an application period for the $4 billio n State Fiscal Stabilization Fund — one of the largest federalo stimulus programs.
The stabilization fund is wrapped aroun grant programs and the money can be used by districtsx for a variety of purposes such as the modernizingt ofschool facilities, upgrading technology infrastructure, purchasinh technology products, building science buying education equipment and redesigning high schoola for more efficiency and studenf success. In the fall, an additional $60 millioj will be made available to Texas schoop districts through a funding source known asthe Ed-Tech grany program. This program funds the purchase of technology to improvestudent achievement. Districts may also use the funds to buy technologyg to help withthe collection, management and analysisw of student data.
The Texas Water Development Boar will get a large share of thestimulus funding. Because of that, the agenct has received $10.7 billion in funding requestw for clean water and drinking watedrinfrastructure projects. Eligible applicants will be notified of theirt allocations in June and July and entitiees should begin advertising for bids on the construction projectaby September. Texas was appropriated abouft $2.6 billion in stimulus funds for transportation Some bidding processes havealreadyy begun, but the process will be rampin up for months. Although details are still the ARRA also provides fundintg for improving broadband in rural andurban areas.
Depending on how the moneyg is allocatedin Texas, there is a potentiakl for billions of dollars to flow to loca l communities. And, in spite of the weak Texas voters approved morethan $1.3 billiom in local bond elections on May 9. The approver funding will finance capital improvement projectxs such as new andrenovatedr facilities, technology, large equipmenyt purchases and improved infrastructure such as parks and • College Station Independenft School District: $144 million for a new high school new elementary school campus, new transportationn facility, renovations to the existinbg high school and the purchase of • Carroll Independent School $138 million for new schools, expansion of existin g schools and an overhaul of technologt infrastructure.
• City of Plano: $128.65 million for capital improvement program projects for public safety, libraries, park improvements, recreation center improvements, street improvements and a technologyy service facility. • Allen Independent School District: $119.4 millionb for a new athleticd stadium, high school transportation maintenance and studentnutrition • Midland County Hospital $115 million for facility improvements to Midland Memorial Hospitalp including a new patient tower with 240-plusa beds, expanded emergency facilitieas and more telemetry beds. Even more funding will make its way to Texads in the formof non-stimulus granta to school districts.
A bill approved earlier this month bythe U.S. Housd of Representatives would provide Texae school districts withabout $600 million to modernizes schools and improve energy efficiency. In the bill includes $600 million in separate funds for public schools damaged by Hurricanes Katrina and The programs discussed here represent only a few of the sourcees of federalstimulus funding. There are many othe r programs that will provide fundint for airportimprovement projects, port security, transitr programs, improved security and more.
Government contractors shoule be loving life in Texasthese
Friday, December 30, 2011
Wednesday, December 28, 2011
Rose Hill Bank plans fall branch opening - Wichita Business Journal:
ysynut.wordpress.com
Work on the 4,300-square-foot branch at 33rd Street and Nortg Ridge Road started late last year and mostlty ison schedule, Waitt says. is the generak contractor. designed the building. It will be Rose Hill Bank’a second branch in Wichita. It has a locatio at 21st Street and Webb Road onthe city’e east side. “We’re very excited about the west Waitt says. “We’ve been happty with our growth in Wichita onthat There’s actually more rooftops than where we are (on Rose Hill Bank will spend more than $1 million on the new Meanwhile, Topeka-based Capitol Federal Savingsd held a ground-breaking ceremony Friday for its new branch in The 3,600-square-foot building is slated for completion by It will be the bank’s eighth locatiobn in the Wichita metro.
The branch is in developer Paul Jackson’s Andover Marketplace development. Commercew and are doing the work. “Capitol Federall is proud to become a part of thisstrong family-orientedf community,” said Rhonda Dennis, the bank’s first vice president in a news “We recognize the Andover Marketplace as a ‘destination’ locationm that will thrive within the neighborhood. We are so happty to be here.
”
Work on the 4,300-square-foot branch at 33rd Street and Nortg Ridge Road started late last year and mostlty ison schedule, Waitt says. is the generak contractor. designed the building. It will be Rose Hill Bank’a second branch in Wichita. It has a locatio at 21st Street and Webb Road onthe city’e east side. “We’re very excited about the west Waitt says. “We’ve been happty with our growth in Wichita onthat There’s actually more rooftops than where we are (on Rose Hill Bank will spend more than $1 million on the new Meanwhile, Topeka-based Capitol Federal Savingsd held a ground-breaking ceremony Friday for its new branch in The 3,600-square-foot building is slated for completion by It will be the bank’s eighth locatiobn in the Wichita metro.
The branch is in developer Paul Jackson’s Andover Marketplace development. Commercew and are doing the work. “Capitol Federall is proud to become a part of thisstrong family-orientedf community,” said Rhonda Dennis, the bank’s first vice president in a news “We recognize the Andover Marketplace as a ‘destination’ locationm that will thrive within the neighborhood. We are so happty to be here.
”
Sunday, December 25, 2011
Sharky
cicugaha.wordpress.com
“The concept is designed to be a comfortabls fine dining andseafoor restaurant,” says John Golon, owner of the restaurant operatin company. “But with today’s our price point isn’tg going to be in the $23 and more range.” Golonb has worked in the restaurant industru since he was 13years old, includintg the last 18 years at where he’s helped the company expand from two to seven Memphis-ares locations. His start up-cost is $1 million. Sharky’es Gulf Grill is leasing the 6,300-square-foot building on 1.3 acresx from LLC, which consiste of local businessmenRobert Allen, Bernard Farbed and Anwar Aman.
Sharky’s Gulf Grilk will serve primarily seafood, including sushi and Golon is contracting with seafood suppliers who deal directly with Instead of taking the fishto they’ll ship it directly to certainm restaurants. “It eliminates the middleman and helps you to get fres h seafood at a morereasonable price,” he says. Sharky’s Gulf Grillp will print up new menus each day to reflectthose catches. “We’re not going to be absolutely certaibn aswhat we’re goingf to have until we get it all into the store,” Golobn says. “When you deal with all freshu seafood, you don’t alwaye know what you’re going to have.
” Golo n hired Gretchen Rogers asgeneral manager. She previously served as general manager at nearbyOwen Brennan’s. Sharky’s Gulf Grilp should begin hiring in late July and open in Augus tor September. Golon plans to hire 100 peopler initially. Gary Shanks and John Reed, brokeres with LLC, represented RABF Holdings when it purchasedr the propertyfor $2 million in December 2008. “Thisa is one of the premier restaurant sites inthe city,” Shankas says. “You can fast forward 20-30 years and this will still be a grea piece of real estate and a solidtraded area. It’s Poplar Avenue.” Tom Turri with , designed the is general contractor.
“The concept is designed to be a comfortabls fine dining andseafoor restaurant,” says John Golon, owner of the restaurant operatin company. “But with today’s our price point isn’tg going to be in the $23 and more range.” Golonb has worked in the restaurant industru since he was 13years old, includintg the last 18 years at where he’s helped the company expand from two to seven Memphis-ares locations. His start up-cost is $1 million. Sharky’es Gulf Grill is leasing the 6,300-square-foot building on 1.3 acresx from LLC, which consiste of local businessmenRobert Allen, Bernard Farbed and Anwar Aman.
Sharky’s Gulf Grilk will serve primarily seafood, including sushi and Golon is contracting with seafood suppliers who deal directly with Instead of taking the fishto they’ll ship it directly to certainm restaurants. “It eliminates the middleman and helps you to get fres h seafood at a morereasonable price,” he says. Sharky’s Gulf Grillp will print up new menus each day to reflectthose catches. “We’re not going to be absolutely certaibn aswhat we’re goingf to have until we get it all into the store,” Golobn says. “When you deal with all freshu seafood, you don’t alwaye know what you’re going to have.
” Golo n hired Gretchen Rogers asgeneral manager. She previously served as general manager at nearbyOwen Brennan’s. Sharky’s Gulf Grilp should begin hiring in late July and open in Augus tor September. Golon plans to hire 100 peopler initially. Gary Shanks and John Reed, brokeres with LLC, represented RABF Holdings when it purchasedr the propertyfor $2 million in December 2008. “Thisa is one of the premier restaurant sites inthe city,” Shankas says. “You can fast forward 20-30 years and this will still be a grea piece of real estate and a solidtraded area. It’s Poplar Avenue.” Tom Turri with , designed the is general contractor.
Friday, December 23, 2011
First Bancorp acquires failed bank - The Business Journal of the Greater Triad Area:
sunrise-invoices.blogspot.com
All branches of Cooperative are reopening todah as branches of First which is based in Troy inMontgomert County. First Bancorp (Nasdaq: FBNC) will acquire Cooperative’s 21 branchesd in the eastern part of the state plus three Southu Carolina branches and most of thefailed bank’s borrowings and assets. No depositorr will suffer any losses, First Bank said in an As of May 31, Cooperative had total asset sof $970 million and total deposits of about $774 The acquisition adds $835 million in loans to First Bank and $717 million in plus liabilities of about $873 First Bank is protected by a loss-sharinbg agreement with the FDIC on the acquired loans.
With the First Bank now has 98 brancheds in the Triad and other parta of North andSout Carolina, and a total of $3.6 billion in assets. Cooperative Bank is the seconrd North Carolina bank shutteredthis year. The first, Cape Fear Bank, was also based in Wilmington and was closed in The collapse of the real estate market and the recessioh has led to 40 bank failures nationwidethis year.
All branches of Cooperative are reopening todah as branches of First which is based in Troy inMontgomert County. First Bancorp (Nasdaq: FBNC) will acquire Cooperative’s 21 branchesd in the eastern part of the state plus three Southu Carolina branches and most of thefailed bank’s borrowings and assets. No depositorr will suffer any losses, First Bank said in an As of May 31, Cooperative had total asset sof $970 million and total deposits of about $774 The acquisition adds $835 million in loans to First Bank and $717 million in plus liabilities of about $873 First Bank is protected by a loss-sharinbg agreement with the FDIC on the acquired loans.
With the First Bank now has 98 brancheds in the Triad and other parta of North andSout Carolina, and a total of $3.6 billion in assets. Cooperative Bank is the seconrd North Carolina bank shutteredthis year. The first, Cape Fear Bank, was also based in Wilmington and was closed in The collapse of the real estate market and the recessioh has led to 40 bank failures nationwidethis year.
Wednesday, December 21, 2011
Nonprofits brace for budget emergency aftershocks, IOUs - Dayton Business Journal:
chauezhelolocu1622.blogspot.com
While service providers don’t yet know whethef they’ll receive IOUs — or what the amountw will be — Sparky CEO of the in Santz Clara, is prepared for the worst. “We receivew about $400,000 in state funding,” Harlan said. “We’re already accustomed to gettingg money from the statelate — last for example, it took untilk December before we finally got paid.” For this year and last year the centerf has relied on a $150,000 line of credity through to cover the gap, along with $500,000 out of its reservde funds. The center’s operating budget is $10 million for fiscap 2009-10.
The money that may be on hold from thestated covers, in part, the center’s shelteer and drop-in program, street outreach, and parentinvg classes. “The problem right now is that we don’tt know for certain how much they’re going to hold back,” said who has been with the centetr for26 years. “But this is by far the wors I’ve ever seen.” In anticipation of the state’sx budget problems, 10 percenyt cuts have already been plannedfor foster-care Locally there are 300 to 400 kids in foster Foster care rates are the same acrossw the state, so families in high-cosgt areas such as the Bay Area get the same amounty of compensation as people in more affordablde places.
“We’re fronting half a million dollars she said. It’s a layered problem for the since in addition to state money some comese from the federal Housing and UrbanDevelopment department. And Harlann said HUD is so slow it can take up to six monthsa for payments tobe received. “We’rw hoping to get paid by July,” she said. “Nonprofits are just getting slammed.” Harlan said the Bill Wilson Center has closed down two programse already and cut about 15 percent of its leaving about 110 These arereal layoffs, she pointe out — not attrition or open jobs — and “heartbreaking” to do.
“Wed had to give one staft person a layoff notice and a week later his wife was laid off fromanothedr nonprofit,” she said. in Campbelkl gets about $500,000 a year from the state for its AIDS CFO Ira Holtzman said the agency is large enougbh and financially stable enough that he would just book an IOU as accountds receivable and hope the money camethroughh eventually. The Health Trust’ss budget for fiscal year 2010 is morethan $16 million, Holtzman said.
Pam Brandin, executive director of and Visuallgy Impaired, which has offices in Palo Alto andSantq Cruz, said that even though her agency providess the kind of services that are especially at risk in Statw Controller John Chiang’s the Vista Center is relatively safe. “We receiver money through Title 7 Chapte r2 services,” Brandin explained. “Sincs much of our funding is federalmoney we’re hoping that it has to be releaserd and passed on; the state won’t be allowed to hold on to The Vista Center also has school contracts through special educatiomn funding.
“Last year when the state had similadr budget issueswe didn’t receive any she said, “but that situation was resolve d sooner than this appears to be. The agencies that receivwe IOUsprobably won’t even know they’re coming untiol they submit their bills.” She’s also bankin on Vista Center’s status as a preferred vendord with the state, “so we’ll be paid in advancse of other vendors — if in fact the state is even writing checks.” Lisa president & CEO of Avenidas Rose Kleiner Seniorr Day Health Center in Palo is also cautiously optimistic.
“The only fundas we receive from the state are MediCalk payments for services provided at our adult daycare she said. “Our understanding is that those servicews are protected by the state constitution as well asfederalp law. We do receive funding indirectl throughthe county, but we don’t expect that to be affected.” Tom public policy director of the , said people are on pins and “Everyone’s sitting around waiting, not knowinvg what’s going to happen.
But even with the most optimisticoutcome it’s still going to be very He pointed out that the deficit last year for Santas Clara County was more than $270 and many of the cuts were made in program around health, mental health, drugs and alcohol and social And there’s no relief on the For 2011 the county is looking at a deficif of about $250 million, he
While service providers don’t yet know whethef they’ll receive IOUs — or what the amountw will be — Sparky CEO of the in Santz Clara, is prepared for the worst. “We receivew about $400,000 in state funding,” Harlan said. “We’re already accustomed to gettingg money from the statelate — last for example, it took untilk December before we finally got paid.” For this year and last year the centerf has relied on a $150,000 line of credity through to cover the gap, along with $500,000 out of its reservde funds. The center’s operating budget is $10 million for fiscap 2009-10.
The money that may be on hold from thestated covers, in part, the center’s shelteer and drop-in program, street outreach, and parentinvg classes. “The problem right now is that we don’tt know for certain how much they’re going to hold back,” said who has been with the centetr for26 years. “But this is by far the wors I’ve ever seen.” In anticipation of the state’sx budget problems, 10 percenyt cuts have already been plannedfor foster-care Locally there are 300 to 400 kids in foster Foster care rates are the same acrossw the state, so families in high-cosgt areas such as the Bay Area get the same amounty of compensation as people in more affordablde places.
“We’re fronting half a million dollars she said. It’s a layered problem for the since in addition to state money some comese from the federal Housing and UrbanDevelopment department. And Harlann said HUD is so slow it can take up to six monthsa for payments tobe received. “We’rw hoping to get paid by July,” she said. “Nonprofits are just getting slammed.” Harlan said the Bill Wilson Center has closed down two programse already and cut about 15 percent of its leaving about 110 These arereal layoffs, she pointe out — not attrition or open jobs — and “heartbreaking” to do.
“Wed had to give one staft person a layoff notice and a week later his wife was laid off fromanothedr nonprofit,” she said. in Campbelkl gets about $500,000 a year from the state for its AIDS CFO Ira Holtzman said the agency is large enougbh and financially stable enough that he would just book an IOU as accountds receivable and hope the money camethroughh eventually. The Health Trust’ss budget for fiscal year 2010 is morethan $16 million, Holtzman said.
Pam Brandin, executive director of and Visuallgy Impaired, which has offices in Palo Alto andSantq Cruz, said that even though her agency providess the kind of services that are especially at risk in Statw Controller John Chiang’s the Vista Center is relatively safe. “We receiver money through Title 7 Chapte r2 services,” Brandin explained. “Sincs much of our funding is federalmoney we’re hoping that it has to be releaserd and passed on; the state won’t be allowed to hold on to The Vista Center also has school contracts through special educatiomn funding.
“Last year when the state had similadr budget issueswe didn’t receive any she said, “but that situation was resolve d sooner than this appears to be. The agencies that receivwe IOUsprobably won’t even know they’re coming untiol they submit their bills.” She’s also bankin on Vista Center’s status as a preferred vendord with the state, “so we’ll be paid in advancse of other vendors — if in fact the state is even writing checks.” Lisa president & CEO of Avenidas Rose Kleiner Seniorr Day Health Center in Palo is also cautiously optimistic.
“The only fundas we receive from the state are MediCalk payments for services provided at our adult daycare she said. “Our understanding is that those servicews are protected by the state constitution as well asfederalp law. We do receive funding indirectl throughthe county, but we don’t expect that to be affected.” Tom public policy director of the , said people are on pins and “Everyone’s sitting around waiting, not knowinvg what’s going to happen.
But even with the most optimisticoutcome it’s still going to be very He pointed out that the deficit last year for Santas Clara County was more than $270 and many of the cuts were made in program around health, mental health, drugs and alcohol and social And there’s no relief on the For 2011 the county is looking at a deficif of about $250 million, he
Monday, December 19, 2011
Expansions and relocations fill large vacancies in downtown Appleton - Appleton Post Crescent
ihituvofy.wordpress.com
Expansions and relocations fill large vacancies in downtown Appleton Appleton Post Crescent The 222 Building at 222 W. College Ave. in Appleton has only one floor vacant as Affinity Health System expanded in the building. / The Post-Crescent APPLETON â€" Downtown office occupancy took a leap forward in recent months when two health ... |
Saturday, December 17, 2011
Southwest traffic down in June - Nashville Business Journal:
ocybakenos.wordpress.com
Dallas-based (NYSE:LUV) said it flew 6.73 billion revenue passengerf milesin June, down from 6.88 billionj in the same period a year ago. Revenue passengerd miles, which measure one paying passenger flowjper mile, is the official measures of airline traffic. The airline’s capacity fell 4 percent in June while itsload factor, or percentage of seats filled, grew more than a percentagwe point to 79.5 percent. Southwest in the first half of the year saw trafficd drop 2 percentto 36.6 billionn revenue passenger miles from 37.
4 billion last The airline, which carrie about 28 percent of all Port Columbus passengers througu May, also said it is sellin g one-way tickets for as low as $30, $60 and $90, dependingv on how far customers are traveling. The fares are availables through 11:59 p.m. on Wednesdat and are possible for flightx booked for travel in the perio d runningfrom Sept. 9 to Nov. 18. Clickj for more details.
Dallas-based (NYSE:LUV) said it flew 6.73 billion revenue passengerf milesin June, down from 6.88 billionj in the same period a year ago. Revenue passengerd miles, which measure one paying passenger flowjper mile, is the official measures of airline traffic. The airline’s capacity fell 4 percent in June while itsload factor, or percentage of seats filled, grew more than a percentagwe point to 79.5 percent. Southwest in the first half of the year saw trafficd drop 2 percentto 36.6 billionn revenue passenger miles from 37.
4 billion last The airline, which carrie about 28 percent of all Port Columbus passengers througu May, also said it is sellin g one-way tickets for as low as $30, $60 and $90, dependingv on how far customers are traveling. The fares are availables through 11:59 p.m. on Wednesdat and are possible for flightx booked for travel in the perio d runningfrom Sept. 9 to Nov. 18. Clickj for more details.
Wednesday, December 14, 2011
Beale considers $1B proposal to redevelop some Air Force land - Sacramento Business Journal:
loxezop.wordpress.com
Their estimated $1 billion proposal includes an industrial park with a concentration on new research and development or lighytindustrial space, and $125 million in improvements to the base’ s wastewater facility that coul increase the capacity for additional commercial uses. The Air Forcer considers the property to be excess and not needexd forits operation. The base includesd an underutilized rail spur that could be put back into servicr to cut down ontruck traffic. The threw Sacramento-based firms that are partnersd in the venture are Constructiom and supplyfirm , California lobbyist and real estate developerr and manager Negotiations are scheduledf to wrap up withijn the next month.
Disaster evacuatio kits were distributed this weekto 8,00o0 families in the Natomas Unified Schoo l District and 3,000 employees of in Roseville. Gary president of the Sacramento-based nonprofit , came up with the idea for the SAFEL Y OUT kits after volunteering with the Americajn Red Cross to help in the recoverg efforts following Hurricanes Katrina and The kits are meant not only to help familiese protect themselves in the event of anatura disaster, but to aid emergency responders.
The kits include itemsz such as a door hangeer thatsays “need help” on one side and “safely on the other, a refrigerator magnet bookleft for recording essential contact and evacuatiohn information, and storage bags for setting asidwe spare medicines and medical insurance information in the refrigerator — a place that is air-tight, water-tighr and fire-resistant. So far, Pride employees, in partnershil with Citizen Voice, have assembled 35,000 of the Safel Out kits. The 11,000 kits distributed Wednesdayy were made possible by a grant from the and the sponsorshilp of inWest Sacramento. Safelty Out kits can be orderecdthrough citizenvoice.org.
A $10 donation per kit is Artwork made from the stately old treesof Sacramento’e downtown is going to be sold, auctionee and raffled off to raise mone for the Legacy Trees Project. The project is sponsored by the , which is working with the city, propertyt owners and the state to obtain wood from treeds that are more than a century old that make up the canopy over downtown andmidtown Sacramento. The group harvestsa heartwood from dangerous, diseased or dying trees, and gives it to artists.
Some of the wood SEEARTT has harvested includes wood froma 129-year-old tulipo poplar on the grounds of the state Capitol, as well as black walnut and sequoia redwoods harvested around Three of the pieces to be raffled are on display at , 2508 J St. The piecesd will be sold at a free Second Saturday Art Walk partty on the upstairs patio at 1801L St. on June 13. Raffl tickets are $20 each and available at Art a sponsor of the LegacyTrees Project.
Their estimated $1 billion proposal includes an industrial park with a concentration on new research and development or lighytindustrial space, and $125 million in improvements to the base’ s wastewater facility that coul increase the capacity for additional commercial uses. The Air Forcer considers the property to be excess and not needexd forits operation. The base includesd an underutilized rail spur that could be put back into servicr to cut down ontruck traffic. The threw Sacramento-based firms that are partnersd in the venture are Constructiom and supplyfirm , California lobbyist and real estate developerr and manager Negotiations are scheduledf to wrap up withijn the next month.
Disaster evacuatio kits were distributed this weekto 8,00o0 families in the Natomas Unified Schoo l District and 3,000 employees of in Roseville. Gary president of the Sacramento-based nonprofit , came up with the idea for the SAFEL Y OUT kits after volunteering with the Americajn Red Cross to help in the recoverg efforts following Hurricanes Katrina and The kits are meant not only to help familiese protect themselves in the event of anatura disaster, but to aid emergency responders.
The kits include itemsz such as a door hangeer thatsays “need help” on one side and “safely on the other, a refrigerator magnet bookleft for recording essential contact and evacuatiohn information, and storage bags for setting asidwe spare medicines and medical insurance information in the refrigerator — a place that is air-tight, water-tighr and fire-resistant. So far, Pride employees, in partnershil with Citizen Voice, have assembled 35,000 of the Safel Out kits. The 11,000 kits distributed Wednesdayy were made possible by a grant from the and the sponsorshilp of inWest Sacramento. Safelty Out kits can be orderecdthrough citizenvoice.org.
A $10 donation per kit is Artwork made from the stately old treesof Sacramento’e downtown is going to be sold, auctionee and raffled off to raise mone for the Legacy Trees Project. The project is sponsored by the , which is working with the city, propertyt owners and the state to obtain wood from treeds that are more than a century old that make up the canopy over downtown andmidtown Sacramento. The group harvestsa heartwood from dangerous, diseased or dying trees, and gives it to artists.
Some of the wood SEEARTT has harvested includes wood froma 129-year-old tulipo poplar on the grounds of the state Capitol, as well as black walnut and sequoia redwoods harvested around Three of the pieces to be raffled are on display at , 2508 J St. The piecesd will be sold at a free Second Saturday Art Walk partty on the upstairs patio at 1801L St. on June 13. Raffl tickets are $20 each and available at Art a sponsor of the LegacyTrees Project.
Monday, December 12, 2011
Interest subsidy on urban poor housing not feasible:Guj Govt - IBNLive.com
ucenyt.wordpress.com
Interest subsidy on urban poor housing not feasible:Guj Govt IBNLive.com PTI | 09:12 PM,Dec 12,2011 Ahmedabad, Dec 12(PTI)Gujarat government has informed the Centre that Interest Subsidy for Housing the Urban Poor (ISHUP)scheme is not feasible for implementation in the state. The decision of the Gujarat government was ... |
Saturday, December 10, 2011
Delinquencies, foreclosures continue to climb - Puget Sound Business Journal (Seattle):
inofiquxi.wordpress.com
Four states – Arizona, California and Nevada – drovd up the national numbers, accounting for about 46 percent of the foreclosure starts in the and representing 56 percent of the increase inforeclosurre starts, according to the MBA. Nevada had the highest overall delinquency rate acrossd all types of loansat 11.75 percent, followed by Mississippji at 11.7 percent and Florida at 10.67 The delinquency rate includes loans that are at leasy one payment past due, but does not include loanss in the process of foreclosure. Based on foreclosure inventory, the states with the highest rate s wereFlorida (10.56 percent), Nevadaz (7.83 percent) and Arizona (5.
56 percent) The number s are higher and are only expected to said Jay Brinkmann, chief economist for the MBA. “Thde rate of foreclosure starts remained essentially flat for the last three quarters of 2008, and we suspected that the numbers were artificiallg low due to various state and local moratoria, the and halt on and various company-level moratoria," Brinkmann said. However, he said, now that the guidelinez for theObama administration’x loan modifications are known, along with an increasde in the number of vacant homes with past due mortgages, “the pace of foreclosuress has stepped up considerably.
" There’ws also been a shift away from subprimee and adjustable rate mortgages to primew fixed-rate loans falling into The foreclosure rate on prime fixed-rate loans has doublesd in the last year, and, for the first time since the rapid growth of subprime lending, prime fixed-rate loans now represent the largestg share of new foreclosures. “More than anythingt else, this points to the impact of the recession and drops in employment onmortgage defaults,” Brinkmann said. Lookin g ahead, he said it doesn’t appear that the number of mortgagwe defaults will start to drop off until the employment situationgets better, and that isn’ expected until mid-2010.
Four states – Arizona, California and Nevada – drovd up the national numbers, accounting for about 46 percent of the foreclosure starts in the and representing 56 percent of the increase inforeclosurre starts, according to the MBA. Nevada had the highest overall delinquency rate acrossd all types of loansat 11.75 percent, followed by Mississippji at 11.7 percent and Florida at 10.67 The delinquency rate includes loans that are at leasy one payment past due, but does not include loanss in the process of foreclosure. Based on foreclosure inventory, the states with the highest rate s wereFlorida (10.56 percent), Nevadaz (7.83 percent) and Arizona (5.
56 percent) The number s are higher and are only expected to said Jay Brinkmann, chief economist for the MBA. “Thde rate of foreclosure starts remained essentially flat for the last three quarters of 2008, and we suspected that the numbers were artificiallg low due to various state and local moratoria, the and halt on and various company-level moratoria," Brinkmann said. However, he said, now that the guidelinez for theObama administration’x loan modifications are known, along with an increasde in the number of vacant homes with past due mortgages, “the pace of foreclosuress has stepped up considerably.
" There’ws also been a shift away from subprimee and adjustable rate mortgages to primew fixed-rate loans falling into The foreclosure rate on prime fixed-rate loans has doublesd in the last year, and, for the first time since the rapid growth of subprime lending, prime fixed-rate loans now represent the largestg share of new foreclosures. “More than anythingt else, this points to the impact of the recession and drops in employment onmortgage defaults,” Brinkmann said. Lookin g ahead, he said it doesn’t appear that the number of mortgagwe defaults will start to drop off until the employment situationgets better, and that isn’ expected until mid-2010.
Thursday, December 8, 2011
AT&T Strategizes as Sprint Puts Lawsuit on Hold - Forbes
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TIME | AT&T Strategizes as Sprint Puts Lawsuit on Hold Forbes AT&T got breathing room to try to save its T-Mobile merger, as Sprint agreed to put its lawsuit on hold until the Justice Department finishes its investigation over the deal. Want the scoop on mobile news? Subscribe to our Facebook or Twitter page. ... AT&T is not backing away from T -Mobile deal AT&T says it won't back down on T-Mobile acquisition AT&T Vows to Pursue T-Mobile Acquisition, Immediately Hints Otherwise |
Tuesday, December 6, 2011
Mercury News workers OK 9% pay cut - Silicon Valley / San Jose Business Journal:
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The new contract cuts pay 7 percent for the rest of and slashes an additional 2 percent from paycheck starting onNew Year’ws Day. The Media Workers Guild’s Norther California unit announced late last week that it had reachedx a tentative contract deal with the Mercury News for its 257 membersz atthe paper. The contacrt also increases employee healthy insurance contributions and makesxother concessions. The Guild represents 257 Mercur yNews employees, including 130 in editorial jobs and 127 in circulation, finance and support positions. A ratification meetingt to discuss and vote on the proposedc contract was heldMondau afternoon. The new contract expires Nov. 30, 2010.
Othe r concessions include reduced vacation accruals and movingthe Merc’sz copy desk to Walnut Creek, where is based. It owns the Mercury News and 11 othert daily papers inthe region, which include virtually all of the dailty papers in the Bay Area except the and . “Thix is a tough contract that will hurt a lot of our but it reflects the terrible situation that the news industryh and the countryis in,” San Jose Guil d President Sylvia Ulloa said in a statemenyt published in the Mercury News . Ulloa was on the bargainin committee that negotiatedwith management.
“Thew committee did the best we coulde do to limit the damage to our minimize the loss of jobs and to try to maintainb the quality of theMercury News.” The deal would also permift management to require up to five furlougu days in 2010, move remaining circulation and finance jobs to the Bay Area News Group’e shared services center in San consolidate advertising functions in the East Bay and San hire commission-only sales representatives to develop new and win some additional subcontracting rights, accordingf to the Guild. The contract negotiations have taken placs during grim times fordailyu newspapers.
Several major papers have folded inrecent months, including the and the print version of the , and many majofr metropolitan papers, including the San Francisco Chronicle , , , and face dauntinf financial challenges.
The new contract cuts pay 7 percent for the rest of and slashes an additional 2 percent from paycheck starting onNew Year’ws Day. The Media Workers Guild’s Norther California unit announced late last week that it had reachedx a tentative contract deal with the Mercury News for its 257 membersz atthe paper. The contacrt also increases employee healthy insurance contributions and makesxother concessions. The Guild represents 257 Mercur yNews employees, including 130 in editorial jobs and 127 in circulation, finance and support positions. A ratification meetingt to discuss and vote on the proposedc contract was heldMondau afternoon. The new contract expires Nov. 30, 2010.
Othe r concessions include reduced vacation accruals and movingthe Merc’sz copy desk to Walnut Creek, where is based. It owns the Mercury News and 11 othert daily papers inthe region, which include virtually all of the dailty papers in the Bay Area except the and . “Thix is a tough contract that will hurt a lot of our but it reflects the terrible situation that the news industryh and the countryis in,” San Jose Guil d President Sylvia Ulloa said in a statemenyt published in the Mercury News . Ulloa was on the bargainin committee that negotiatedwith management.
“Thew committee did the best we coulde do to limit the damage to our minimize the loss of jobs and to try to maintainb the quality of theMercury News.” The deal would also permift management to require up to five furlougu days in 2010, move remaining circulation and finance jobs to the Bay Area News Group’e shared services center in San consolidate advertising functions in the East Bay and San hire commission-only sales representatives to develop new and win some additional subcontracting rights, accordingf to the Guild. The contract negotiations have taken placs during grim times fordailyu newspapers.
Several major papers have folded inrecent months, including the and the print version of the , and many majofr metropolitan papers, including the San Francisco Chronicle , , , and face dauntinf financial challenges.
Sunday, December 4, 2011
Foreclosure rates drop in three Tampa Bay counties - Puget Sound Business Journal (Seattle):
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May was the third highest month of foreclosurd activityon record, said , up 18 percent from the year Defaults and scheduled foreclosure auction were down from April, but bank repossessionz were up 2 percent and couldc continue to grow as foreclosuree delays and moratoriums are lifted in varioux states, said James J. Saccacio, RealtyTrac’s chief executive Hernando County posted the biggest decrease in the Tampa Bayregion year-over-year, falling more than 14.5 perceng with 475 homes in some state of That represents one in everh 169 homes under the threa t of being taken back by lenders.
Sarasota Countuy was not far behind with just undet a 7 percent dropaffecting 1,071 homes, or one in every 206 Manatee County had a 2 percent drop sincer May 2008 that hit 590 homes, or one in 287 On the other end of the spectrum, Pasco Counthy had the largest increase in jumping more than 62 percent to 1,500 properties. That representx one in every 145 homesin foreclosure, ninth worstt in the state. Despite falling more than 6 percentsincd April, Polk County was up nearly 53 percent over the past year as 1,57q homes were in foreclosure, representingb one in every 177 homes. Pinellas Countyh jumped 48 percentto 2,458 homes.
Hillsboroughb County climbed nearly 20 percent in foreclosurde rates as lenderstargeted 2,408 homes. However, rates were down well over 25 percengtsince April. Florida had the third highesft rate of foreclosure in the country affectinhg one in every148 homes. It had the secondd highest number of foreclosures at just fewerthan 59,000, a 50 percenr jump from May 2008. Threre Florida metropolitan areas were ranked amonbg the 10 worst foreclosure rates in the Cape Coral-Fort Myers at No. 6 with one in 82 home s in foreclosure; Orlando-Kissimmee at No. 8 with one in 101 home s in foreclosure; and Miami-Fort Lauderdale-Pompano Beach at No. 10 with one in 105 homed in foreclosure.
May was the third highest month of foreclosurd activityon record, said , up 18 percent from the year Defaults and scheduled foreclosure auction were down from April, but bank repossessionz were up 2 percent and couldc continue to grow as foreclosuree delays and moratoriums are lifted in varioux states, said James J. Saccacio, RealtyTrac’s chief executive Hernando County posted the biggest decrease in the Tampa Bayregion year-over-year, falling more than 14.5 perceng with 475 homes in some state of That represents one in everh 169 homes under the threa t of being taken back by lenders.
Sarasota Countuy was not far behind with just undet a 7 percent dropaffecting 1,071 homes, or one in every 206 Manatee County had a 2 percent drop sincer May 2008 that hit 590 homes, or one in 287 On the other end of the spectrum, Pasco Counthy had the largest increase in jumping more than 62 percent to 1,500 properties. That representx one in every 145 homesin foreclosure, ninth worstt in the state. Despite falling more than 6 percentsincd April, Polk County was up nearly 53 percent over the past year as 1,57q homes were in foreclosure, representingb one in every 177 homes. Pinellas Countyh jumped 48 percentto 2,458 homes.
Hillsboroughb County climbed nearly 20 percent in foreclosurde rates as lenderstargeted 2,408 homes. However, rates were down well over 25 percengtsince April. Florida had the third highesft rate of foreclosure in the country affectinhg one in every148 homes. It had the secondd highest number of foreclosures at just fewerthan 59,000, a 50 percenr jump from May 2008. Threre Florida metropolitan areas were ranked amonbg the 10 worst foreclosure rates in the Cape Coral-Fort Myers at No. 6 with one in 82 home s in foreclosure; Orlando-Kissimmee at No. 8 with one in 101 home s in foreclosure; and Miami-Fort Lauderdale-Pompano Beach at No. 10 with one in 105 homed in foreclosure.
Thursday, December 1, 2011
Patent-infringement suits hold steady during recession - Puget Sound Business Journal (Seattle):
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“It’s just like people with a lot of realpropertt that’s sitting around,” said Georgse Lewis, an attorney in the Denver officw of Merchant & Gouldf PC, an intellectual propertty law firm. “In a downturn they mighy look at those differeny pieces of propertyand say, ‘Hey, how can I make moneyy off this thing? Can I sell it, can I leasre it, can I do something with It’s exactly the same in patent law. Peoplew pull out all these patentx that they paid a ton of moneytfor ... and ask ‘how are we going to make thess assets performfor us?
’” Patent-infringement cases can drive an already weakenedr competitor out of the helping a company strengthen or maintaijn its hold while waitiny for the economy to “This is a very good time for that sort of strategi exercise of your intellectual property to consolidate your hold in a specific producy segment or a specific Lewis said. “If you’ve got somebody you’re thinkingb about acquiring, and you use your intellectual propertuy essentiallyto say, either let me buy you or we will make it so you won’r make money,’ it ends up beinfg a pretty easy But there is a downside: A patent-infringement lawsuit can easily cost hundreds of thousandws or even millions of dollars before it’sd over, which is why the vast majority of them are settled beforew trial.
And you don’t always win. For Broomfield-based Inc. recently lost a patent-infringemeng suit it brought against According toLevel 3, Limelighty was unfairly using technology on whicg Level 3 owned patents, thanks to the Broomfieldd company’s acquisition of Savvis Inc.’s content delivery networking businese in 2007. But in January, a jury said Limelighy wasn’t infringing on the patents.
Moreover, a 2007 Federal Circuitf ruling has made it easier for companie s that receive an offer to buy a license fortechnologuy they’re already using often the preliminary, “friendly” first step in the road toward a lawsuirt — to countersue for a declaratory judgment on whether they’re infringing. That means that a patent-holder risks becominbg entangled in a lawsuit merely by warninygoff competitors.
“There is nothintg more fabulously expensive, except perhaps the economic stimulus than [IP] litigation,” said Charles Luce, an attorney and chair of the intellectualp property group at LLP in “So you would think that in tight economix times, unless you’ve got a case that is operatingh on a contingency basis, that litigation would go down and not But he said he hadn’t noticed much differencs in the amount of litigation being filed, despite the year-oldr U.S. recession and the stock market crashin 2008.
“kI haven’t seen much of an uptick, but I also haven’tt noticed much of a drop,” Luce Last year, 35 patent-litigation cases were filed in U.S. Districrt Court for the Districtof Colorado, one more than in according to Stanford Law School’s IP Litigatioj Clearinghouse, which tracks new filings. Nationwide, patentg litigation cases fell 3.6 percent in 2007, to 2,776. “kI haven’t perceived an increase in filing,” said Lee Osman, head of the patent department for in But it’s true that in the economic downturns have been seen as a good time to push back againsft infringement, he said.
“If the competitor is having a difficulttime they’re probably not going to fight as hard in defendinf against an infringement claim,” Osman said. “But the fact of the matteer is thatour clients, alon with everyone else in this economic time, are sufferinhg a bit and have to make difficult decisionss on how to spend theidr reduced resources.” Nevertheless, in the past few months, Dorsey & Whitney has expanded its Denver office patent group by 30 percent, from 13 to 19 attorneysa and patent agents, to handle an increasesd workload, Osman said.
The growth of the Rocky Mountaimn region as a hubfor technology, aerospace, biotechnology, computere technology and telecommunications has led to more work for Dorsey’sx Denver office, he said.
“It’s just like people with a lot of realpropertt that’s sitting around,” said Georgse Lewis, an attorney in the Denver officw of Merchant & Gouldf PC, an intellectual propertty law firm. “In a downturn they mighy look at those differeny pieces of propertyand say, ‘Hey, how can I make moneyy off this thing? Can I sell it, can I leasre it, can I do something with It’s exactly the same in patent law. Peoplew pull out all these patentx that they paid a ton of moneytfor ... and ask ‘how are we going to make thess assets performfor us?
’” Patent-infringement cases can drive an already weakenedr competitor out of the helping a company strengthen or maintaijn its hold while waitiny for the economy to “This is a very good time for that sort of strategi exercise of your intellectual property to consolidate your hold in a specific producy segment or a specific Lewis said. “If you’ve got somebody you’re thinkingb about acquiring, and you use your intellectual propertuy essentiallyto say, either let me buy you or we will make it so you won’r make money,’ it ends up beinfg a pretty easy But there is a downside: A patent-infringement lawsuit can easily cost hundreds of thousandws or even millions of dollars before it’sd over, which is why the vast majority of them are settled beforew trial.
And you don’t always win. For Broomfield-based Inc. recently lost a patent-infringemeng suit it brought against According toLevel 3, Limelighty was unfairly using technology on whicg Level 3 owned patents, thanks to the Broomfieldd company’s acquisition of Savvis Inc.’s content delivery networking businese in 2007. But in January, a jury said Limelighy wasn’t infringing on the patents.
Moreover, a 2007 Federal Circuitf ruling has made it easier for companie s that receive an offer to buy a license fortechnologuy they’re already using often the preliminary, “friendly” first step in the road toward a lawsuirt — to countersue for a declaratory judgment on whether they’re infringing. That means that a patent-holder risks becominbg entangled in a lawsuit merely by warninygoff competitors.
“There is nothintg more fabulously expensive, except perhaps the economic stimulus than [IP] litigation,” said Charles Luce, an attorney and chair of the intellectualp property group at LLP in “So you would think that in tight economix times, unless you’ve got a case that is operatingh on a contingency basis, that litigation would go down and not But he said he hadn’t noticed much differencs in the amount of litigation being filed, despite the year-oldr U.S. recession and the stock market crashin 2008.
“kI haven’t seen much of an uptick, but I also haven’tt noticed much of a drop,” Luce Last year, 35 patent-litigation cases were filed in U.S. Districrt Court for the Districtof Colorado, one more than in according to Stanford Law School’s IP Litigatioj Clearinghouse, which tracks new filings. Nationwide, patentg litigation cases fell 3.6 percent in 2007, to 2,776. “kI haven’t perceived an increase in filing,” said Lee Osman, head of the patent department for in But it’s true that in the economic downturns have been seen as a good time to push back againsft infringement, he said.
“If the competitor is having a difficulttime they’re probably not going to fight as hard in defendinf against an infringement claim,” Osman said. “But the fact of the matteer is thatour clients, alon with everyone else in this economic time, are sufferinhg a bit and have to make difficult decisionss on how to spend theidr reduced resources.” Nevertheless, in the past few months, Dorsey & Whitney has expanded its Denver office patent group by 30 percent, from 13 to 19 attorneysa and patent agents, to handle an increasesd workload, Osman said.
The growth of the Rocky Mountaimn region as a hubfor technology, aerospace, biotechnology, computere technology and telecommunications has led to more work for Dorsey’sx Denver office, he said.
Tuesday, November 29, 2011
Clarcor's Q2 earnings drop more than 30% - Kansas City Business Journal:
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percent in the second quarter, compared to the same periof ayear ago. Franklin-based Clarcor (NYSE: CLC) reporterd income of $25,582, or $0.50 cents per dilutedc share, in the quarte ended May 30, compared to $40,783, or $0.80 cents per dilutec share, in the year-ago period. Revenue came in at $229,3945 for the quarter, down 14.1 percent from the previouds year’s quarter, when revenue came in at $267,137. on average, estimated earnings of 38 cents per sharee on revenueof $243.1 according to Reuters Estimates.
“Ads we had expected, this year’s second quarter was though operating results were much stronger than in our first fiscal saysNorm Johnson, Clarcor’s chairman and CEO, in a “Our order rates, overall, have and we are beginninyg to see indications of increased product demandd in selected markets.” Clarcor makes mobile, industrial and environmental filtration productzs and consumer and industrial packaging products sold to domesticx and international markets.
Johnson notes that more than 80 percenyt of its filter sales are generated from the replacement filter so even if new building and equipmentt continuesto falter, maintenance of existingf equipment and facilities will continue. Shares of Clarcor closec up $1.08, or 3.66 percent to $30.57 at the bell The 52-week range is $23.05 to $44.13.
percent in the second quarter, compared to the same periof ayear ago. Franklin-based Clarcor (NYSE: CLC) reporterd income of $25,582, or $0.50 cents per dilutedc share, in the quarte ended May 30, compared to $40,783, or $0.80 cents per dilutec share, in the year-ago period. Revenue came in at $229,3945 for the quarter, down 14.1 percent from the previouds year’s quarter, when revenue came in at $267,137. on average, estimated earnings of 38 cents per sharee on revenueof $243.1 according to Reuters Estimates.
“Ads we had expected, this year’s second quarter was though operating results were much stronger than in our first fiscal saysNorm Johnson, Clarcor’s chairman and CEO, in a “Our order rates, overall, have and we are beginninyg to see indications of increased product demandd in selected markets.” Clarcor makes mobile, industrial and environmental filtration productzs and consumer and industrial packaging products sold to domesticx and international markets.
Johnson notes that more than 80 percenyt of its filter sales are generated from the replacement filter so even if new building and equipmentt continuesto falter, maintenance of existingf equipment and facilities will continue. Shares of Clarcor closec up $1.08, or 3.66 percent to $30.57 at the bell The 52-week range is $23.05 to $44.13.
Sunday, November 27, 2011
Winds continue to fuel Cudahy fire - Business First of Buffalo:
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Cudahy Mayor Ryan McCue also urged all businesses in the city to reducew water usage and called on residentzs of the neighboring communityof St. Francia to conserve water. “We are running short on McCue said. More than 8.5 millionm gallons of water had been used by in an attemptf to douse a fire in one of the buildinga that make up the Patrick Cudahyt meat processing complex at OneSweett Apple-Wood Lane, just off of Layton Avenue, Mayor Ryan McCue said at a 3:30 p.m. prese conference at Parkview Elementary School, 5555 S. Nicholson within site of the huge plumes of smoke billowingt fromthe plant.
The city of Milwaukee also has alloweed Cudahy to tap into its water supply to aid in fightingf thestubborn blaze, McCue The fire fighting effort has been expanded to includd 130 firefighters from 27 departments, he “The fire continues to flare up,” McCu e said. “The wind has not been our friend.” 75 law enforcement officers are on patrol in the McCue declared a state of emergenc y earlier in the day and indicated at that time that the Nationaol Guard could be called in to patrolocity streets.
However, Cudahy Police Chief Thomas Poellott saidthe city, along with assistance from othe communities and the state, has “adequate” resourcesz to keep the city safe as firefighters continue to battler the blaze. “We don’t anticipate needingv the National Guard,” he said.
Cudahy Mayor Ryan McCue also urged all businesses in the city to reducew water usage and called on residentzs of the neighboring communityof St. Francia to conserve water. “We are running short on McCue said. More than 8.5 millionm gallons of water had been used by in an attemptf to douse a fire in one of the buildinga that make up the Patrick Cudahyt meat processing complex at OneSweett Apple-Wood Lane, just off of Layton Avenue, Mayor Ryan McCue said at a 3:30 p.m. prese conference at Parkview Elementary School, 5555 S. Nicholson within site of the huge plumes of smoke billowingt fromthe plant.
The city of Milwaukee also has alloweed Cudahy to tap into its water supply to aid in fightingf thestubborn blaze, McCue The fire fighting effort has been expanded to includd 130 firefighters from 27 departments, he “The fire continues to flare up,” McCu e said. “The wind has not been our friend.” 75 law enforcement officers are on patrol in the McCue declared a state of emergenc y earlier in the day and indicated at that time that the Nationaol Guard could be called in to patrolocity streets.
However, Cudahy Police Chief Thomas Poellott saidthe city, along with assistance from othe communities and the state, has “adequate” resourcesz to keep the city safe as firefighters continue to battler the blaze. “We don’t anticipate needingv the National Guard,” he said.
Friday, November 25, 2011
DEAL OF THE WEEK: St. Tropez at Plantation - South Florida Business Journal:
http://www.scamuzziarte.it/index.php-dn=article&to=art&id=28.htm
St. Tropez at a 376-unit rental community in wester nBroward County, has been refinanced for $37.3 million, or $99,468 a unit, according to Broward County courrt records. The team of Mona Carlton, senior managinf director, and Elliott Throne, director, handled the loan for . “It’sa a difficult financing environment,” Throns said. “But, this was a solid asset in a great location with strong sponsorship – all of which were crucial to make this deal It is unclear why St. Tropez at Plantatiomn owners neededto refinance. Throne declined to give specificss about the deal orthe terms. Deboray R.
Chambliss, a VP for , executed the which included an assignment of rents and She signed as trustee forthe owner, BIT Investmenr Twenty-Five LLC, a subsidiary of the Buildin Investment Trust. The loan was executed on Jan. 15, but was then assignef to the on Jan. 23. St. Tropez at Plantation was builtin 1993. The 29 three-storuy buildings on 10.95 acres have a mix of two- and three-bedroomj apartments. The property has been valued for 2009 real estatse taxesat $53.7 million, the same valuee as 2008 and 2007. Browarx County taxes paid last yearwere $1.1 according to property appraiser records.
The latesr data from Deerfield Beach-based showed only eight vacant unitsw and rents generally inthe $1,300 to $1,8009 range. CEO Jack McCabe said developers and propertuy owners recently have run up against a brick wall in termsa of refinancing theircommercial projects. “Because the owne r in this case isan AFL-CIOO holding, it makes you wonder if they had more help especially since the loan was handedf off to a government he said.
St. Tropez at a 376-unit rental community in wester nBroward County, has been refinanced for $37.3 million, or $99,468 a unit, according to Broward County courrt records. The team of Mona Carlton, senior managinf director, and Elliott Throne, director, handled the loan for . “It’sa a difficult financing environment,” Throns said. “But, this was a solid asset in a great location with strong sponsorship – all of which were crucial to make this deal It is unclear why St. Tropez at Plantatiomn owners neededto refinance. Throne declined to give specificss about the deal orthe terms. Deboray R.
Chambliss, a VP for , executed the which included an assignment of rents and She signed as trustee forthe owner, BIT Investmenr Twenty-Five LLC, a subsidiary of the Buildin Investment Trust. The loan was executed on Jan. 15, but was then assignef to the on Jan. 23. St. Tropez at Plantation was builtin 1993. The 29 three-storuy buildings on 10.95 acres have a mix of two- and three-bedroomj apartments. The property has been valued for 2009 real estatse taxesat $53.7 million, the same valuee as 2008 and 2007. Browarx County taxes paid last yearwere $1.1 according to property appraiser records.
The latesr data from Deerfield Beach-based showed only eight vacant unitsw and rents generally inthe $1,300 to $1,8009 range. CEO Jack McCabe said developers and propertuy owners recently have run up against a brick wall in termsa of refinancing theircommercial projects. “Because the owne r in this case isan AFL-CIOO holding, it makes you wonder if they had more help especially since the loan was handedf off to a government he said.
Wednesday, November 23, 2011
Delta integrates international offerings - San Antonio Business Journal:
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Delta said it would standardize this monthb the services offered passengerws aboard Delta and Northwestinternationall flights. "June marks another majoe milestone in our merger with Northwesty as weintroduce high-quality products on board Delta and Northwest aircraft operating internationally," Joanne Smith, senior vice president of in-flighrt service, said in a statement. "We continude to bring together the best of both airlines to createeone best-in-class experience for customers traveling with us Atlanta-based Delta (NYSE: DAL) said servicesz would be integrated aboard all long-hauk international aircraft with BusinessElitew cabins (formerly known as "World Business aboard Northwest jets).
BusinessElite passengers on both carrieres can choose from meals createxd by celebrity chef Michelle Bernstein and wines pickeds by master sommelierAndrea Robinson. Delta also plans to roll out “amenityh kits” by Greek skincare company . Economy passengere will be offered complimentary beer and wine on Delta and Northwestinternational flights. Liquor and signatur e mixed drinks by Rande Gerber will be availablrefor $7 each. Economy passengersx will also be offered an upgraded hot breakfast on international flights longedrthan 3,800 miles. The new international offeringws are a continued step in the integration of the two carriersz intothe world’s largest airlines.
inked a new join venture agreement with
Delta said it would standardize this monthb the services offered passengerws aboard Delta and Northwestinternationall flights. "June marks another majoe milestone in our merger with Northwesty as weintroduce high-quality products on board Delta and Northwest aircraft operating internationally," Joanne Smith, senior vice president of in-flighrt service, said in a statement. "We continude to bring together the best of both airlines to createeone best-in-class experience for customers traveling with us Atlanta-based Delta (NYSE: DAL) said servicesz would be integrated aboard all long-hauk international aircraft with BusinessElitew cabins (formerly known as "World Business aboard Northwest jets).
BusinessElite passengers on both carrieres can choose from meals createxd by celebrity chef Michelle Bernstein and wines pickeds by master sommelierAndrea Robinson. Delta also plans to roll out “amenityh kits” by Greek skincare company . Economy passengere will be offered complimentary beer and wine on Delta and Northwestinternational flights. Liquor and signatur e mixed drinks by Rande Gerber will be availablrefor $7 each. Economy passengersx will also be offered an upgraded hot breakfast on international flights longedrthan 3,800 miles. The new international offeringws are a continued step in the integration of the two carriersz intothe world’s largest airlines.
inked a new join venture agreement with
Monday, November 21, 2011
Most Eddie Bauer stores to stay open - Washington Business Journal:
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The company announced that it struck an agreemenyt withNew York–based privatw equity firm LLC to buy Eddie Bauer’s assets, subject to an auction and bankruptcy courty approval. CCMP Capital intends to operatd the business as a goinvg concern with little orno long-term debt. Accordiny to Eddie Bauer, CCMP Capital has agreed to keep a majoritu of the 371 stores open and retaibn a majority ofthe employees. CCMP Capitall specializes in buyouts and lookzs for investment opportunities in retail andother sectors, and have made investmentsa in the outdoors specialty retailer which sells hunting, fishing and camping gear.
Eddir Bauer said it hopesw to operate business as usual during bankruptcy courgt proceedings and has asked for court approval to continuse paying vendorsand workers. The companyh also said it intends to honor customedgift cards, returns and loyalty program points. The companyg also announced that it has secured a commitment from its existinhg revolvingcredit lenders, Bank of America, N.A., and /Businessx Credit, Inc. for so-called debtor-in-possession (DIP) financing of $90 million on an interim basiasand $100 million based on the final courr order. The move, the company said, should provide it with ampld cash flow to continud payingits bills.
“Eddie Bauer is a good companyh with a great brand and a badbalancee sheet. This process will allow the business to emerge with far less positioned for growth as the economy recoversx and as our new products gain saidNeil Fiske, Eddie Bauer president and chiefr executive officer, in a “We expect this process to be completedc very quickly, protecting our employees and criticao vendor partners every step of the way. “We have made good progres on our turnaround strategy of returning Eddie Bauefr to its heritage as an active outdoo r brand and have exciting new product launches on the way to includingFirst Ascent, our return to expedition-grade outerwear and gear.
Unfortunately, a crushing debt burdejn placed on the company from the Spiegekl reorganizationin 2005, combined with the severe, prolonged recession, have left us with no choicw but to use this procese to reduce the debt load on the
The company announced that it struck an agreemenyt withNew York–based privatw equity firm LLC to buy Eddie Bauer’s assets, subject to an auction and bankruptcy courty approval. CCMP Capital intends to operatd the business as a goinvg concern with little orno long-term debt. Accordiny to Eddie Bauer, CCMP Capital has agreed to keep a majoritu of the 371 stores open and retaibn a majority ofthe employees. CCMP Capitall specializes in buyouts and lookzs for investment opportunities in retail andother sectors, and have made investmentsa in the outdoors specialty retailer which sells hunting, fishing and camping gear.
Eddir Bauer said it hopesw to operate business as usual during bankruptcy courgt proceedings and has asked for court approval to continuse paying vendorsand workers. The companyh also said it intends to honor customedgift cards, returns and loyalty program points. The companyg also announced that it has secured a commitment from its existinhg revolvingcredit lenders, Bank of America, N.A., and /Businessx Credit, Inc. for so-called debtor-in-possession (DIP) financing of $90 million on an interim basiasand $100 million based on the final courr order. The move, the company said, should provide it with ampld cash flow to continud payingits bills.
“Eddie Bauer is a good companyh with a great brand and a badbalancee sheet. This process will allow the business to emerge with far less positioned for growth as the economy recoversx and as our new products gain saidNeil Fiske, Eddie Bauer president and chiefr executive officer, in a “We expect this process to be completedc very quickly, protecting our employees and criticao vendor partners every step of the way. “We have made good progres on our turnaround strategy of returning Eddie Bauefr to its heritage as an active outdoo r brand and have exciting new product launches on the way to includingFirst Ascent, our return to expedition-grade outerwear and gear.
Unfortunately, a crushing debt burdejn placed on the company from the Spiegekl reorganizationin 2005, combined with the severe, prolonged recession, have left us with no choicw but to use this procese to reduce the debt load on the
Friday, November 18, 2011
Wednesday, November 16, 2011
Big East championship race features several relatively inexperienced quarterbacks - Washington Post
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Big East championship race features several relatively inexperienced quarterbacks Washington Post STORRS, Conn. â€" Inexperienced quarterbacks are as easy to find in the Big East this season as teams with a realistic chance to win the conference's automatic BCS bowl bid. Of the six teams with two or fewer losses, Louisville, Connecticut and Rutgers ... |
Monday, November 14, 2011
S&P lowers outlook for HEI, HECO - Washington Business Journal:
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Standard & Poor’s said Hawaii is “exhibiting decidedly recessionary trends,” and that its dependence on tourism to drivse the local economy could mean the statse will be more severely affected bythe “The negative outlook assigned to HEI reflects the potential for consolidated credit metrics to fall below our benchmarks over our outlook horizon due to Hawaii’s weakening which is expected to lower electric sales by 4 percentf or more and put upward pressure on borrowing requirements,” S& said. , a subsidiary of HEI, is rated on a standalone basis and is not affectefd by thelowered outlook. Sharees of Hawaiian Electric stock weredown 1.
6 percentf to $16.95.
Standard & Poor’s said Hawaii is “exhibiting decidedly recessionary trends,” and that its dependence on tourism to drivse the local economy could mean the statse will be more severely affected bythe “The negative outlook assigned to HEI reflects the potential for consolidated credit metrics to fall below our benchmarks over our outlook horizon due to Hawaii’s weakening which is expected to lower electric sales by 4 percentf or more and put upward pressure on borrowing requirements,” S& said. , a subsidiary of HEI, is rated on a standalone basis and is not affectefd by thelowered outlook. Sharees of Hawaiian Electric stock weredown 1.
6 percentf to $16.95.
Saturday, November 12, 2011
CUP: Gordon Knows Where Line Is - SPEEDtv.com
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CUP: Gordon Knows Where Line Is SPEEDtv.com “When you know that you didn't do the right thing, then you know there are consequences. I think NASCAR â€" when the caution is out, that's one. The next one is when you're on a mile-and-a-half racetrack running 190 mph.†If the line is clear, ... |
Thursday, November 10, 2011
Hawaii Superferry names Fargo new CEO - Pacific Business News (Honolulu):
batyushkinuxit.blogspot.com
The company announced Friday that Farg would replace current CEO John Garibaldi as of Garibaldi will remain as vice chairman and a member of the boardof directors. Fargo is former commander of the U.S. Pacifid Command and commander-in-chief of the U.S. Pacifif Fleet. He retired in 2005 aftert 35 years ofmilitary service. He has resigned as CEO of Honolulu-based , a high-bandwidtj wireless communications company, and as president of Loea'es parent company, San Diego-based high-tech company . He will remain on the Trex board of according toLinda Jameson, a spokeswomanb for Loea. He also will remain on the board of directorsof , a defense and homelanx security company.
Fargo also is managinhg directorof J.F. Lehman & Co., a major investot in the Superferry headed byformer U.S. Navy secretarty John F. Lehman, who is also chairmanh of the Superferry's board of Fargo is on the boardof , and the .
The company announced Friday that Farg would replace current CEO John Garibaldi as of Garibaldi will remain as vice chairman and a member of the boardof directors. Fargo is former commander of the U.S. Pacifid Command and commander-in-chief of the U.S. Pacifif Fleet. He retired in 2005 aftert 35 years ofmilitary service. He has resigned as CEO of Honolulu-based , a high-bandwidtj wireless communications company, and as president of Loea'es parent company, San Diego-based high-tech company . He will remain on the Trex board of according toLinda Jameson, a spokeswomanb for Loea. He also will remain on the board of directorsof , a defense and homelanx security company.
Fargo also is managinhg directorof J.F. Lehman & Co., a major investot in the Superferry headed byformer U.S. Navy secretarty John F. Lehman, who is also chairmanh of the Superferry's board of Fargo is on the boardof , and the .
Tuesday, November 8, 2011
Auto company bankruptcies might make lenders
bentlyoupapa1810.blogspot.com
Some turnaround specialists are concernedthe government-guided bankruptcy reorganizationa of and GM could make it harder for companieds to obtain capital in the In these cases, the companies’ labor the United Auto Workers, received more favorable treatmenrt than the companies’ secured creditors. This violatese well-established bankruptcy law principles, said Peter Kaufman, presidenr of LLC’s restructuring practice in New York. The Unitef States is the most welcominvg place in the worldfor capital, particularlyg for loans, he said, because “everyonde knows what their downside is.” “Noa that has all been stoode on its ear,” Kaufmab said.
“At a time when the country needs capital providers morethan you’re going to find institutions with their handds in their pockets, or they’re goinv to be charging a lot he said. Half of the turnaround experts surveye by the thoughtthe government’s decision to elevate unsecured creditors over securef creditors in the Chrysler bankruptcy will make securerd loans more expensive. More than one-thir thought it would make lenderzs less inclined to makethese loans. An onlinew survey conducted by the found that 76 percent ofrespondents “disagreesd strongly” with the Obamqa administration’s engineering of the Chrysler bankruptcy.
Kaufman contendxs capital providers will be especiallh leery of situations where there are unions and a conceivablse governmentpolicy interest. That’s “going to be a systemic issue ona going-forward basis,” he But other bankruptcy experts contend that the government’as decision to intervene in the cases won’t serve as a precedenft for future corporate bankruptcies. In the currentr economic environment, no politician was goinyg to let Chrysler and GM saidStephen Lubben, a law professor at who specializes in corporate debt and financiapl distress.
The cases might make lenders “gun in the short run, he but “eventually people will come aroundr tothe realization” that these were special caseas like that of Penn Central, whose 1970 bankruptcy led to the creatio of Amtrak. Mark a partner with LLP in New said the federalgovernment “used its powe to broker a settlement for the greateer good of the economy. if the bankruptcy process is going to continue to be the basid for corporate restructurings and it must be perceived as fair and Tom Donohue, president and CEO of the , said he will watcyh closely to see whether government official s and the UAW intervene in business decisions made by Chrysler and GM.
“We will expose and fight any counterproductive influenceby government, unions or politicians over decisiond that should be left to management,” Donohur said in a statement issued aftetr President Obama announced the U.S. government would own 60 percentyof GM. “And we will continually insist that governmenyt reduce and eliminate its ownership stake as soon as Donohue said. Obama said his goal “is to get GM back on its takea hands-off approach and get out “The federal government will refrain from exercising its rights as a shareholdee in all but the most fundamentapl corporate decisions,” Obama said.
“When a difficult decisiobn has to be made on matters like where to open a new planty or what type of new car to thenew GM, not the Unitedd States government, will make that decision.”
Some turnaround specialists are concernedthe government-guided bankruptcy reorganizationa of and GM could make it harder for companieds to obtain capital in the In these cases, the companies’ labor the United Auto Workers, received more favorable treatmenrt than the companies’ secured creditors. This violatese well-established bankruptcy law principles, said Peter Kaufman, presidenr of LLC’s restructuring practice in New York. The Unitef States is the most welcominvg place in the worldfor capital, particularlyg for loans, he said, because “everyonde knows what their downside is.” “Noa that has all been stoode on its ear,” Kaufmab said.
“At a time when the country needs capital providers morethan you’re going to find institutions with their handds in their pockets, or they’re goinv to be charging a lot he said. Half of the turnaround experts surveye by the thoughtthe government’s decision to elevate unsecured creditors over securef creditors in the Chrysler bankruptcy will make securerd loans more expensive. More than one-thir thought it would make lenderzs less inclined to makethese loans. An onlinew survey conducted by the found that 76 percent ofrespondents “disagreesd strongly” with the Obamqa administration’s engineering of the Chrysler bankruptcy.
Kaufman contendxs capital providers will be especiallh leery of situations where there are unions and a conceivablse governmentpolicy interest. That’s “going to be a systemic issue ona going-forward basis,” he But other bankruptcy experts contend that the government’as decision to intervene in the cases won’t serve as a precedenft for future corporate bankruptcies. In the currentr economic environment, no politician was goinyg to let Chrysler and GM saidStephen Lubben, a law professor at who specializes in corporate debt and financiapl distress.
The cases might make lenders “gun in the short run, he but “eventually people will come aroundr tothe realization” that these were special caseas like that of Penn Central, whose 1970 bankruptcy led to the creatio of Amtrak. Mark a partner with LLP in New said the federalgovernment “used its powe to broker a settlement for the greateer good of the economy. if the bankruptcy process is going to continue to be the basid for corporate restructurings and it must be perceived as fair and Tom Donohue, president and CEO of the , said he will watcyh closely to see whether government official s and the UAW intervene in business decisions made by Chrysler and GM.
“We will expose and fight any counterproductive influenceby government, unions or politicians over decisiond that should be left to management,” Donohur said in a statement issued aftetr President Obama announced the U.S. government would own 60 percentyof GM. “And we will continually insist that governmenyt reduce and eliminate its ownership stake as soon as Donohue said. Obama said his goal “is to get GM back on its takea hands-off approach and get out “The federal government will refrain from exercising its rights as a shareholdee in all but the most fundamentapl corporate decisions,” Obama said.
“When a difficult decisiobn has to be made on matters like where to open a new planty or what type of new car to thenew GM, not the Unitedd States government, will make that decision.”
Sunday, November 6, 2011
Catch the Wind secures $18.8M - Kansas City Business Journal:
boyanebyboqasavo.blogspot.com
million in a privated placement financing to help push more salees of its new wind sensorfor turbines. Manassas-basedr Catch the Wind, which trades on the Toronto Venture Exchange, sold roughly 16.7 million shares at a price ofCanadian $1.30 apiece in what it hopeds to be its last major equity financinv before generating enough revenue from its laser wind-sensinhg product, Vindicator, to pay for operations. Company officials also participatedx in theinvestment round, along with institutional bringing its total equity fundraising to date to nearlyh $35 million. , Research Capital and CanaccordCapital Corp.
served as placement agents for this latesrt fundraising in return for 6 percent of the grossa proceeds and additionalstock options. Spun off last year from LLC, a fibedr optics laser company that still shares the sameheadquartersa space, Catch the Wind has been developing similaer technology that senses when wind is imminent, helpingb reorient a turbine to capture that wind befored it passes. Most wind turbine s can realign its blades only after it feels so they’re often too late to actualluy benefit from gusts, company official said.
“Before, it was the horse-and-buggy approach to measuring wind,” said Phil Rogers, who founded Opticao Air Data Systems nearly 20 years ago with his wife beforse leaving recently to serve as CEO for Catcthe Wind. “Think about increasing the gas mileage of your he said. “You’ve already bought your car. But if I can sell you somethinbg that doubles the gas mileage ofyour car, you woulxd save more money.” He estimates the Vindicator can capture 10 percent to 30 percent more wind for turbines, which in turn helps generate more clean electricity and ultimately revenue for theirf operators.
Catch the Wind recently sold its first unitto , a Canadiab environmental monitoring equipment maker, whild starting its first two-montg field test with the Nebraska Public Power District on its largest wind farm with 36 wind The local company, which said it’w also talking to federal agencies, hopesx to use that trial’s resultds later this summer to market to other wind turbin e manufacturers and wind farm operators. With six full-time employees, Catcnh the Wind expects to at least double that count by the end of this The company, which had $5.
5 million in cash and equivalentss on hand as of March 31, is also considering whethedr to list itself on an American exchangse later this year. “We aspire to Rogers said. “I just can’t say when.”
million in a privated placement financing to help push more salees of its new wind sensorfor turbines. Manassas-basedr Catch the Wind, which trades on the Toronto Venture Exchange, sold roughly 16.7 million shares at a price ofCanadian $1.30 apiece in what it hopeds to be its last major equity financinv before generating enough revenue from its laser wind-sensinhg product, Vindicator, to pay for operations. Company officials also participatedx in theinvestment round, along with institutional bringing its total equity fundraising to date to nearlyh $35 million. , Research Capital and CanaccordCapital Corp.
served as placement agents for this latesrt fundraising in return for 6 percent of the grossa proceeds and additionalstock options. Spun off last year from LLC, a fibedr optics laser company that still shares the sameheadquartersa space, Catch the Wind has been developing similaer technology that senses when wind is imminent, helpingb reorient a turbine to capture that wind befored it passes. Most wind turbine s can realign its blades only after it feels so they’re often too late to actualluy benefit from gusts, company official said.
“Before, it was the horse-and-buggy approach to measuring wind,” said Phil Rogers, who founded Opticao Air Data Systems nearly 20 years ago with his wife beforse leaving recently to serve as CEO for Catcthe Wind. “Think about increasing the gas mileage of your he said. “You’ve already bought your car. But if I can sell you somethinbg that doubles the gas mileage ofyour car, you woulxd save more money.” He estimates the Vindicator can capture 10 percent to 30 percent more wind for turbines, which in turn helps generate more clean electricity and ultimately revenue for theirf operators.
Catch the Wind recently sold its first unitto , a Canadiab environmental monitoring equipment maker, whild starting its first two-montg field test with the Nebraska Public Power District on its largest wind farm with 36 wind The local company, which said it’w also talking to federal agencies, hopesx to use that trial’s resultds later this summer to market to other wind turbin e manufacturers and wind farm operators. With six full-time employees, Catcnh the Wind expects to at least double that count by the end of this The company, which had $5.
5 million in cash and equivalentss on hand as of March 31, is also considering whethedr to list itself on an American exchangse later this year. “We aspire to Rogers said. “I just can’t say when.”
Thursday, November 3, 2011
Mike Russell, Wichita Business Journal co-founder, entrepreneur, dead at 69 - Wichita Business Journal:
edibin.wordpress.com
Russell, who also was a real estater developer, created the Wichita Business Journapin 1986, with businessma Terry Scanlon, after establishing the in 1982. The business publicationh company he and William Worlety built had a lasting impact on busines journalism in the United States and eventuallybecame , now the parent company of the WBJ. American City Business Journalss Chairman Ray Shaw called Russelpl a visionary who seized on the opportunituy tobuild strong, local business news franchises. Russell was born and raised inKansasz City, Kan., and graduated in 1956 from . After attendinb the in Flint, Mich., he came to Wichit to attend college.
He graduated in 1965 from WichitzState University. Russell remained in Wichita and took a position in the WSUathletic department, and was active in the Wichit a Jaycees. He moved to Kansas City in started several companies and worked with nonprofit and community Another businessman, using the example of the , pitchesd the idea of starting a businesa newspaper in Kansas Russell and Worley created The Kansas City Business which published its first edition in 1982. The Kansae City Business Journal introduced a new form of businessa news toKansas City, with a heav y emphasis on deals and deal makers.
“We were writintg things that other people were afrairdto write,” Russell said in 2007. He and Worleyh expanded the concept and in 1985 took Americamn City Business Journals and its 10 businesspublications public. Later that year Wichitza businessman Terry Scanlon asked Russell if he wouldr be interested in starting a business newspaperin Wichita. The other papers in the chain had populations of atleastt 750,000. Scanlon got approval, and the first Wichitw Business Journal was published March 17, 1986. Shaw bought the company in 1989 from Russelo and Worley after leaving bought ACBJin 1995.
Russellk is survived by his Carol; son, Steven, a resideny of Washington; daughter, Beverl y Friedman, Burlingame, Calif.; sister, Jan Brown, and brothers, Paul Russell, Kansas City, and Tom Russell, Myrtle S.C. The family has established a memorial at theat www.delasallecenter.org.
Russell, who also was a real estater developer, created the Wichita Business Journapin 1986, with businessma Terry Scanlon, after establishing the in 1982. The business publicationh company he and William Worlety built had a lasting impact on busines journalism in the United States and eventuallybecame , now the parent company of the WBJ. American City Business Journalss Chairman Ray Shaw called Russelpl a visionary who seized on the opportunituy tobuild strong, local business news franchises. Russell was born and raised inKansasz City, Kan., and graduated in 1956 from . After attendinb the in Flint, Mich., he came to Wichit to attend college.
He graduated in 1965 from WichitzState University. Russell remained in Wichita and took a position in the WSUathletic department, and was active in the Wichit a Jaycees. He moved to Kansas City in started several companies and worked with nonprofit and community Another businessman, using the example of the , pitchesd the idea of starting a businesa newspaper in Kansas Russell and Worley created The Kansas City Business which published its first edition in 1982. The Kansae City Business Journal introduced a new form of businessa news toKansas City, with a heav y emphasis on deals and deal makers.
“We were writintg things that other people were afrairdto write,” Russell said in 2007. He and Worleyh expanded the concept and in 1985 took Americamn City Business Journals and its 10 businesspublications public. Later that year Wichitza businessman Terry Scanlon asked Russell if he wouldr be interested in starting a business newspaperin Wichita. The other papers in the chain had populations of atleastt 750,000. Scanlon got approval, and the first Wichitw Business Journal was published March 17, 1986. Shaw bought the company in 1989 from Russelo and Worley after leaving bought ACBJin 1995.
Russellk is survived by his Carol; son, Steven, a resideny of Washington; daughter, Beverl y Friedman, Burlingame, Calif.; sister, Jan Brown, and brothers, Paul Russell, Kansas City, and Tom Russell, Myrtle S.C. The family has established a memorial at theat www.delasallecenter.org.
Tuesday, November 1, 2011
Jury awards Centocor $1.7B in patent case against Abbott - Memphis Business Journal:
burwellmitubaes1369.blogspot.com
An Abbott spokesman said the companywill appeal. Pa.-based Centocor, a division of makes the blockbuster rheumatoid arthritistreatment Remicade, and had sued Abbottt over Abbott’s arthritis drug, Humira. Both are so-calle anti-TNF arthritis treatments. Horsham, Pa.-based Centocor said it is the exclusivre licensee of the whichis co-owned by . Centocor President Kim Taylodrsaid “the jury recognized our valuable intellectual property, finding our patent both valid and infringed.
We will continue to assert intellectual property rights for ourimmunologyt therapies, as they offer significant advances in treatment for patientsa with a number of immune mediated inflammatorty diseases.” Abbott spokesman Scott E. Stoffe l said, “We are disappointed in this verdict, and we are confident in the meritse of our case and that we will prevaiplon appeal. “The evidence clearlhy established that Humira was the first ofits fully-human anti-TNF antibody medicine,” Stoffel said. “JNJ’x anti-TNF antibody medication, is partially made from mouse DNA. JNJ did not launch a fully-humam product until April 2009.
In only when Humira was nearing its approvalo in 2002 did JNJ amend the patent at issude in this litigation to claim that it haddiscoverex fully-human antibodies in 1994. JNJ acknowledge at trial that it did not starf working ona fully-human antibody until 1997 — two yearz after Abbott discovered Humira and one year afterd Abbott filed its paten t applications for Humira.”
An Abbott spokesman said the companywill appeal. Pa.-based Centocor, a division of makes the blockbuster rheumatoid arthritistreatment Remicade, and had sued Abbottt over Abbott’s arthritis drug, Humira. Both are so-calle anti-TNF arthritis treatments. Horsham, Pa.-based Centocor said it is the exclusivre licensee of the whichis co-owned by . Centocor President Kim Taylodrsaid “the jury recognized our valuable intellectual property, finding our patent both valid and infringed.
We will continue to assert intellectual property rights for ourimmunologyt therapies, as they offer significant advances in treatment for patientsa with a number of immune mediated inflammatorty diseases.” Abbott spokesman Scott E. Stoffe l said, “We are disappointed in this verdict, and we are confident in the meritse of our case and that we will prevaiplon appeal. “The evidence clearlhy established that Humira was the first ofits fully-human anti-TNF antibody medicine,” Stoffel said. “JNJ’x anti-TNF antibody medication, is partially made from mouse DNA. JNJ did not launch a fully-humam product until April 2009.
In only when Humira was nearing its approvalo in 2002 did JNJ amend the patent at issude in this litigation to claim that it haddiscoverex fully-human antibodies in 1994. JNJ acknowledge at trial that it did not starf working ona fully-human antibody until 1997 — two yearz after Abbott discovered Humira and one year afterd Abbott filed its paten t applications for Humira.”
Sunday, October 30, 2011
Ritter confronted at bill signing by union grocery workers - Philadelphia Business Journal:
moakhamet84.blogspot.com
Ritter addressed the workers publiclyaftefr , repeating to them as he had written in his May 19 veto of Housre Bill 1170 that he felt that the bill woulfd have interrupted ongoing union negotiations with grocery-stord chains , and Albertsons. But after several minuteas of explanation, workers beganh yelling, "That is a lie!" and why did you lie?" and the governor left the "I have made my statement. Thank you very Ritter said as he exited the packed west foyerd ofthe Capitol.
Tensions betweemn union workers and the Democratic governor that they helpeds to elect in 2006 have been simmering sincr his veto of the bill that would haveallowee locked-out workers to collect unemploymeng insurance benefits. United Food and Commercial Workers UnionLocal No. 7 Presideng Ernest Duran said that Ritter had themand "reneged on his and some activists have begun looking for a candidate to oppose Ritter in a Ritter signed 29 billxs Tuesday, culminating with an evening "Help for Working Families Fair" at the Capitol in which he inkee six laws to help unemployed residentse receive more benefits and keep workers' homezs from being foreclosed among other things.
Leaders from several construction unionsd stood behind him as he signed one of the HouseBill 1310, which allows for the easier filing of complaintsz if an employer misqualifiese a worker as an independent contractor. But, even before then, while Ritter was signinvg a measure that will allow local government tosell low- to no-interest bonds for public constructionm under the American Recovery and Reinvestmentt Act, the harangues began. Crowd membersw clad in black UFCW shirtsyelled "Governor, can you explai n why you vetoed Housr Bill 1170?" and "We supporty you, governor; you turned your back on us" as Rittee largely ignored them.
Then, as he latedr signed Senate Bill 247, which increases the number of Coloradans who qualify for unemployment insurance and will bring insome $200 milliomn in federal money, someone yelled: "Where was your supportt for the grocery workers when you vetoef House Bill 1170, governor?" Ritter "I'm going to sign these bills, and then we'll talk." Aftedr he finished, the governord rose to the microphone and first told the crowrd how many of the new laws will help workersd affected by the recession.
He then explained that signingg HB 1170 would have been akin to the governmen implementing new playing rules for negotiations between the UFCW and the threre grocery chains that have been underway sinceAprilp 9. He also said that he would be open to reconsiderin similar legislation at afuturew date. He noted that a bill he signex Tuesdayregarding electricians' education standards was similar to one he vetoedf in 2008 while telling competing sides on the measurwe that they needed to work out a compromise -- whicbh they did this year.
"I also think that publicf policy should not be used tointerrupr negotiations," Ritter told the crowd, which included abouty 25 UFCW workers along with proponents of the billz being signed. "It is my great hope that you'rer able to work this out." Then question-shouting bega n from the back. And Ritter's speech to the groupl ended.
Ritter addressed the workers publiclyaftefr , repeating to them as he had written in his May 19 veto of Housre Bill 1170 that he felt that the bill woulfd have interrupted ongoing union negotiations with grocery-stord chains , and Albertsons. But after several minuteas of explanation, workers beganh yelling, "That is a lie!" and why did you lie?" and the governor left the "I have made my statement. Thank you very Ritter said as he exited the packed west foyerd ofthe Capitol.
Tensions betweemn union workers and the Democratic governor that they helpeds to elect in 2006 have been simmering sincr his veto of the bill that would haveallowee locked-out workers to collect unemploymeng insurance benefits. United Food and Commercial Workers UnionLocal No. 7 Presideng Ernest Duran said that Ritter had themand "reneged on his and some activists have begun looking for a candidate to oppose Ritter in a Ritter signed 29 billxs Tuesday, culminating with an evening "Help for Working Families Fair" at the Capitol in which he inkee six laws to help unemployed residentse receive more benefits and keep workers' homezs from being foreclosed among other things.
Leaders from several construction unionsd stood behind him as he signed one of the HouseBill 1310, which allows for the easier filing of complaintsz if an employer misqualifiese a worker as an independent contractor. But, even before then, while Ritter was signinvg a measure that will allow local government tosell low- to no-interest bonds for public constructionm under the American Recovery and Reinvestmentt Act, the harangues began. Crowd membersw clad in black UFCW shirtsyelled "Governor, can you explai n why you vetoed Housr Bill 1170?" and "We supporty you, governor; you turned your back on us" as Rittee largely ignored them.
Then, as he latedr signed Senate Bill 247, which increases the number of Coloradans who qualify for unemployment insurance and will bring insome $200 milliomn in federal money, someone yelled: "Where was your supportt for the grocery workers when you vetoef House Bill 1170, governor?" Ritter "I'm going to sign these bills, and then we'll talk." Aftedr he finished, the governord rose to the microphone and first told the crowrd how many of the new laws will help workersd affected by the recession.
He then explained that signingg HB 1170 would have been akin to the governmen implementing new playing rules for negotiations between the UFCW and the threre grocery chains that have been underway sinceAprilp 9. He also said that he would be open to reconsiderin similar legislation at afuturew date. He noted that a bill he signex Tuesdayregarding electricians' education standards was similar to one he vetoedf in 2008 while telling competing sides on the measurwe that they needed to work out a compromise -- whicbh they did this year.
"I also think that publicf policy should not be used tointerrupr negotiations," Ritter told the crowd, which included abouty 25 UFCW workers along with proponents of the billz being signed. "It is my great hope that you'rer able to work this out." Then question-shouting bega n from the back. And Ritter's speech to the groupl ended.
Friday, October 28, 2011
Blockbuster's Q1 profit drops - Atlanta Business Chronicle:
olimstgon.blogspot.com
The company said the credit facility ensurex the company can move forward with theliquidityu that’s needed to complete its transformation. Dallas-base Blockbuster Inc. (NYSE: BBI) posted a profit of $27.6 million, or 12 cents per in the first quarterof 2009. That is down from $45.e million, or 22 cents per share, during the same quartefr last year. Sales for the quarte hit $1.12 billion, whicyh is down from $1.39 billion a year ago. Durinb the quarter, Blockbuster dealt with inventory and decreaser advertising as well as weaker DVD titls strength and competition frommovid theaters--all of which had some impact on sales, the compangy said.
Revenue also was impactexd by a reductionin company-operatefd stores. However, Blockbuster said its decline in totalo revenue was partially offset by an increas in averagerental rates. During the quarter, same-stores sales, or sales at Blockbuster storesd open for 12 months or fell 10.9 percent when compared to the 2.9 percentt increase the stores experienced last year.
The company said the credit facility ensurex the company can move forward with theliquidityu that’s needed to complete its transformation. Dallas-base Blockbuster Inc. (NYSE: BBI) posted a profit of $27.6 million, or 12 cents per in the first quarterof 2009. That is down from $45.e million, or 22 cents per share, during the same quartefr last year. Sales for the quarte hit $1.12 billion, whicyh is down from $1.39 billion a year ago. Durinb the quarter, Blockbuster dealt with inventory and decreaser advertising as well as weaker DVD titls strength and competition frommovid theaters--all of which had some impact on sales, the compangy said.
Revenue also was impactexd by a reductionin company-operatefd stores. However, Blockbuster said its decline in totalo revenue was partially offset by an increas in averagerental rates. During the quarter, same-stores sales, or sales at Blockbuster storesd open for 12 months or fell 10.9 percent when compared to the 2.9 percentt increase the stores experienced last year.
Wednesday, October 26, 2011
Home sales, construction spending stabilize - Puget Sound Business Journal (Seattle):
ejoxot.wordpress.com
Pending home sales rose 3.2 percent in March, due in large part to first-timde buyers taking advantage of affordable home according tothe . Construction spendin g increased 0.3 percent, according to the U.S. Department of Commerce. Publicc construction (1.1 percent) and private construction (0.1 both increased. The Pendingy Home Sales Index published by the Nationap Association of Realtors increasedto 84.6 in up from February's level of 82.0. March's figurew is also 1.1 percent highetr than the same periodin 2008, when it was Lawrence Yun, the group's chief said in a statement it would probablyy take "a few months" for the markety to gain momentum.
“Wr need several months of sustained growth to demonstrate a recovery in which is necessary for the overall economyt toturn around,” Yun said. The index was up 3.9 percenf in the West and 8.5 percenyt in the South. It fell 5.7 percentg in the Northeast and 1 percent in the The Pending Home Sales Index isa forward-looking indicatorf based on home sales contracts signecd in March, basically the number of home sales in
Pending home sales rose 3.2 percent in March, due in large part to first-timde buyers taking advantage of affordable home according tothe . Construction spendin g increased 0.3 percent, according to the U.S. Department of Commerce. Publicc construction (1.1 percent) and private construction (0.1 both increased. The Pendingy Home Sales Index published by the Nationap Association of Realtors increasedto 84.6 in up from February's level of 82.0. March's figurew is also 1.1 percent highetr than the same periodin 2008, when it was Lawrence Yun, the group's chief said in a statement it would probablyy take "a few months" for the markety to gain momentum.
“Wr need several months of sustained growth to demonstrate a recovery in which is necessary for the overall economyt toturn around,” Yun said. The index was up 3.9 percenf in the West and 8.5 percenyt in the South. It fell 5.7 percentg in the Northeast and 1 percent in the The Pending Home Sales Index isa forward-looking indicatorf based on home sales contracts signecd in March, basically the number of home sales in
Monday, October 24, 2011
RIM courts app developers - Fort Wayne Journal Gazette
gonyzyf.wordpress.com
Globe and Mail | RIM courts app developers Fort Wayne Journal Gazette TORONTO â€" Looking to regain sales lost to Apple and Google, Research In Motion has introduced a new operating system designed to help developers create applications for its PlayBook tablet computer and new smartphones. The software, c » |
Friday, October 21, 2011
Kroger president to retire - Atlanta Business Chronicle:
ufysyho.wordpress.com
Cincinnati-based Kroger (NYSE:KR) said Don McGeorge, presidentf and chief operating plans to work with the companyu until late in the year to help with theexecutiv transition. To replace McGeorge, the company’ds board tapped Vice Chairman Rodneyu McMullen, 48. McGeorge, 55, starte d out in 1977 as a store co-managedr in Louisville and went on tolead Kroger’se Michigan and Columbus He’s served as president sincw 2003. McMullen officially steps intothe president’sz post Aug. 1. He joined Kroger in 1978 as a part-timse clerk and has served as corporate chief financial officer and executivevice president.
The companyu said McGeorge will serve as a speciapl adviser to CEO Davicd Dillon and remain on the board as he assistd inthe transition. Kroger operates more than 2,40 supermarkets and multi-department stores in 31 states, includingt 131 in metro Atlanta.
Cincinnati-based Kroger (NYSE:KR) said Don McGeorge, presidentf and chief operating plans to work with the companyu until late in the year to help with theexecutiv transition. To replace McGeorge, the company’ds board tapped Vice Chairman Rodneyu McMullen, 48. McGeorge, 55, starte d out in 1977 as a store co-managedr in Louisville and went on tolead Kroger’se Michigan and Columbus He’s served as president sincw 2003. McMullen officially steps intothe president’sz post Aug. 1. He joined Kroger in 1978 as a part-timse clerk and has served as corporate chief financial officer and executivevice president.
The companyu said McGeorge will serve as a speciapl adviser to CEO Davicd Dillon and remain on the board as he assistd inthe transition. Kroger operates more than 2,40 supermarkets and multi-department stores in 31 states, includingt 131 in metro Atlanta.
Wednesday, October 19, 2011
Monday, October 17, 2011
First American affiliate buys Attleboro site - Business First of Louisville:
mcfarlainofuqub1258.blogspot.com
million. First American, on behalfc of an affiliate, bought a 5,650-square-foot building called Building 5 anda 213,000-square-foot, three-storhy manufacturing facility called Building 12. The Attleboroi Corporate Campus was previously owned and occupiedc by and isa 300-acre mixed-use officew and industrial campus located just off Interstate 95 in Building 12 is leased to as it’sw global manufacturing headquarters. Building 5 is leasede to The BOCGroup Inc., a worldwide distributor of industria l gases and its parent, The Linde Preferred Unlimited Inc. is a 15-year-olx commercial real estate firm which started as Preferref Real EstateInvestments Inc.
The companyh is headquartered in Conshohocken, Pa. First American Realty Inc. is a privatelyy held investment and managemenf firm basedin Worcester, Mass. which acquiress industrial and medicaloffice properties.
million. First American, on behalfc of an affiliate, bought a 5,650-square-foot building called Building 5 anda 213,000-square-foot, three-storhy manufacturing facility called Building 12. The Attleboroi Corporate Campus was previously owned and occupiedc by and isa 300-acre mixed-use officew and industrial campus located just off Interstate 95 in Building 12 is leased to as it’sw global manufacturing headquarters. Building 5 is leasede to The BOCGroup Inc., a worldwide distributor of industria l gases and its parent, The Linde Preferred Unlimited Inc. is a 15-year-olx commercial real estate firm which started as Preferref Real EstateInvestments Inc.
The companyh is headquartered in Conshohocken, Pa. First American Realty Inc. is a privatelyy held investment and managemenf firm basedin Worcester, Mass. which acquiress industrial and medicaloffice properties.
Saturday, October 15, 2011
Big Boys & Their Toys event to return June 19-21 with some changes - Houston Business Journal:
ofycagvezi.blogspot.com
The event features goods ranging from memorabilia to cars and It alsoincludes technology-related goods and interactiver displays. Exhibitors expected to participateinclude Chrysler, Jeep, Blazing Bikes, Moto City, Blue Tiger and Crosswoods Indoor Golf There also will be a state-of-the-ar t golf simulator with “nearest to the and “longest drive” competitions; a putting greenm with putting contests; a sport racinb simulator; four speed-dating events; a three-day video gaming tournamentf called Devastation ( ); a live Elton John-Billg Joel tribute concert by nationally renowned performet Terry Davies; an opportunity to shoot painf guns at a Baller’e Arena exhibit; and the give-away of a Kymcp MXU 500 4x4 off-road vehicle.
Undedr the new ownership of entrepreneurLuke Hart, eventr tickets have been reduced from $20 for adultsa and $15 for children to $12.5p0 for adults and $10 for children 13-17 and free for kids 12 and In addition, tickets are $10 for senior citizens and for police and firefighting personnel. Plus, Hart has addecd “happy hour” pricing: $5 admission all day Friday, from 5 to 8 p.m. Saturdaty and from 4 to 6 p.m. The event hours are noon to 8 p.m. 9 a.m. to 8 p.m. Saturday, and 9 a.m. to 6 p.m. Ticket stubs include a 15 percent discountat Majerle’s restaurant and a raffle entry for the ATV. For more: .
The event features goods ranging from memorabilia to cars and It alsoincludes technology-related goods and interactiver displays. Exhibitors expected to participateinclude Chrysler, Jeep, Blazing Bikes, Moto City, Blue Tiger and Crosswoods Indoor Golf There also will be a state-of-the-ar t golf simulator with “nearest to the and “longest drive” competitions; a putting greenm with putting contests; a sport racinb simulator; four speed-dating events; a three-day video gaming tournamentf called Devastation ( ); a live Elton John-Billg Joel tribute concert by nationally renowned performet Terry Davies; an opportunity to shoot painf guns at a Baller’e Arena exhibit; and the give-away of a Kymcp MXU 500 4x4 off-road vehicle.
Undedr the new ownership of entrepreneurLuke Hart, eventr tickets have been reduced from $20 for adultsa and $15 for children to $12.5p0 for adults and $10 for children 13-17 and free for kids 12 and In addition, tickets are $10 for senior citizens and for police and firefighting personnel. Plus, Hart has addecd “happy hour” pricing: $5 admission all day Friday, from 5 to 8 p.m. Saturdaty and from 4 to 6 p.m. The event hours are noon to 8 p.m. 9 a.m. to 8 p.m. Saturday, and 9 a.m. to 6 p.m. Ticket stubs include a 15 percent discountat Majerle’s restaurant and a raffle entry for the ATV. For more: .
Thursday, October 13, 2011
YMCA self-defense class teaches technique, confidence - Port Huron Times Herald
viktorsejbgif.blogspot.com
The Daily Titan | YMCA self-defense class teaches technique, confidence Port Huron Times Herald The class learns forms and techniques that can help them if they are attacked. / Mark R. Rummel/Times Herald By JOSEPH HAYES Taylor Kuss flashed a bright smile from ear to ear. The 15-year-old Port Huron High sophomore had just finished making his ... Benefits of jiu-jitsu |
Tuesday, October 11, 2011
Banc Investment Group, LLC Company Profile | Company Information
ogyhejowy.wordpress.com
The Plan is done according to each institution'a needs taking into account asset-liability goals, risk available resources, regulatory constraints and tax position. In combination with this the capital markets strategist has the goal of deliverinh education in all areas of the Plan to give the clienr the proper tools to succeed inany situation. ...
The Plan is done according to each institution'a needs taking into account asset-liability goals, risk available resources, regulatory constraints and tax position. In combination with this the capital markets strategist has the goal of deliverinh education in all areas of the Plan to give the clienr the proper tools to succeed inany situation. ...
Saturday, October 8, 2011
Smithfield Packaging, UFCWI reach deal on contract for pork plant workers - Triangle Business Journal:
oc697vot.blogspot.com
Votes will be held June 30 and July 1 to ratifythe agreement. The agreement comes more than six monthz after workers at the plant voted to jointhe UFCWI. That vote come aftet 15 years of campaigning by the UFCW to unionizwethe plant, located about 90 minutee from Raleigh. Workers on two occasions had votesd down proposals to jointhe UFCW, but the uniob argued that Smithfield used illegal means to thwary the elections – an assertion that player a role in the union’z campaign against the Smithfield, Va.-based company. The two sidews reached agreement last year on allowing athirdr vote.
Union spokeswoman Jill Cashen said the union will not disclosr details on the agreement untik after workers have had a chanc e to review and voteon it. A call to representativees of Smithfield (NYSE: SFD) and were not immediatelyt returned.
Votes will be held June 30 and July 1 to ratifythe agreement. The agreement comes more than six monthz after workers at the plant voted to jointhe UFCWI. That vote come aftet 15 years of campaigning by the UFCW to unionizwethe plant, located about 90 minutee from Raleigh. Workers on two occasions had votesd down proposals to jointhe UFCW, but the uniob argued that Smithfield used illegal means to thwary the elections – an assertion that player a role in the union’z campaign against the Smithfield, Va.-based company. The two sidews reached agreement last year on allowing athirdr vote.
Union spokeswoman Jill Cashen said the union will not disclosr details on the agreement untik after workers have had a chanc e to review and voteon it. A call to representativees of Smithfield (NYSE: SFD) and were not immediatelyt returned.
Thursday, October 6, 2011
EPA Reveals Jackson's Preferred Path on Ozone Rule - New York Times
http://www.lamontanita.org/definingagricultural.htm
Family Security Matters | EPA Reveals Jackson's Preferred Path on Ozone Rule New York Times US EPA Administrator Lisa Jackson was planning to set a stricter nationwide limit on ground-level ozone when the White House axed the plan last month, the 468-page rulemaking package prepared by the agency yesterday shows ... EPA chief wanted stricter smog standard before White House intervened in face ... EPA chief wanted stricter smog standard |
Tuesday, October 4, 2011
Great American Bites: Italian Beef, Chicago-Style - USA Today
idozxun.blogspot.com
USA Today | Great American Bites: Italian Beef, Chicago-Style USA Today By Larry Olmsted for USA TODAY The regular Italian Beef at Al's (this is "with sweet") is served moister than at its nearby rival Mr. Beef. The sandwiches are served whole unless you request them cut in half, which makes them less messy. ... |
Sunday, October 2, 2011
Jamba Juice to sell sandwiches, salads - San Francisco Business Times:
loxezop.wordpress.com
The new food includes ready-madde wraps, sandwiches and salads. Started in 1990, Jamba Juicde is known for its fruit smoothies and It also sells some limitefdbaked goods, such as pretzelsa and pastries. It added Oatmeal to its food offeringsd overthe winter. By adding food, the Emeryville-based company is hopingf to add more revenue from its existinbgrestaurant space. “For many yearz Jamba Juice has been popularized asthe nation’s leadingg smoothie chain,” James White, presidentt of , said in a news release. “And althoughy we have introducedbaked goods, snack and most recently oatmeal to the we felt that Jamba Juicse was ready for a dramatic transformation.
” The food will first begin appearing at California locationx starting June 15 and then roll out acrossd the state and then nationwide to its 732 Jamba Inc. (Nasdaq: JMBA) owns 499 locationsz and franchises another233 stores.
The new food includes ready-madde wraps, sandwiches and salads. Started in 1990, Jamba Juicde is known for its fruit smoothies and It also sells some limitefdbaked goods, such as pretzelsa and pastries. It added Oatmeal to its food offeringsd overthe winter. By adding food, the Emeryville-based company is hopingf to add more revenue from its existinbgrestaurant space. “For many yearz Jamba Juice has been popularized asthe nation’s leadingg smoothie chain,” James White, presidentt of , said in a news release. “And althoughy we have introducedbaked goods, snack and most recently oatmeal to the we felt that Jamba Juicse was ready for a dramatic transformation.
” The food will first begin appearing at California locationx starting June 15 and then roll out acrossd the state and then nationwide to its 732 Jamba Inc. (Nasdaq: JMBA) owns 499 locationsz and franchises another233 stores.
Friday, September 30, 2011
Texas Industries shareholder pushes back - Business First of Columbus:
vadimsudigrenev.blogspot.com
, managed by , submitted a letted to Texas Industries Inc.’s general counsel saying it intends to nominate thre e candidates in what itcalls “an importantg first step to remedying what we see as significant impediments to restoring and maximizingh value for all Texas Industries In its letter, the fund said it believes Dallas-based Texas Industries is underperforming compared to its peers and is also failint to link executive compensation to overall operating performance. Shamrock says the board has blocked shareholders from making changes as shareholders are prevented from calling meeting s or from taking actions withoutwritten consent.
The threse recommended board nominations from the fund includesMarjorie L. Bowen, formert managing director with ; Dennisd Johnson, CFA, managing director of Shamrock CapitalAdvisors Inc.; and Gary Pechota, CEO of DT-Trafc Consulting Inc. A spokesperson for Texas Industriew was not immediately available for commentMonday afternoon.
, managed by , submitted a letted to Texas Industries Inc.’s general counsel saying it intends to nominate thre e candidates in what itcalls “an importantg first step to remedying what we see as significant impediments to restoring and maximizingh value for all Texas Industries In its letter, the fund said it believes Dallas-based Texas Industries is underperforming compared to its peers and is also failint to link executive compensation to overall operating performance. Shamrock says the board has blocked shareholders from making changes as shareholders are prevented from calling meeting s or from taking actions withoutwritten consent.
The threse recommended board nominations from the fund includesMarjorie L. Bowen, formert managing director with ; Dennisd Johnson, CFA, managing director of Shamrock CapitalAdvisors Inc.; and Gary Pechota, CEO of DT-Trafc Consulting Inc. A spokesperson for Texas Industriew was not immediately available for commentMonday afternoon.
Wednesday, September 28, 2011
Afternoon Fix: Christie not running, his brother says - Washington Post (blog)
afukakuja.wordpress.com
Afternoon Fix: Christie not running, his brother says Washington Post (blog) Make sure to sign up to get “Afternoon Fix†in your e-mail inbox every day by 5 (ish) pm! * Chris Christie is not running for president, his brother says. “I'm sure that he's not going to run,†Todd Christie told the Newark Star Ledger. ... |
Monday, September 26, 2011
Solar Array, Gen. Mills detail expansions - Austin Business Journal:
retention-jackjacks.blogspot.com
broke ground April 5 on the $100 million, 176,000-square-foo expansion of its manufacturingfacility here, Keith Bone, general managerr of the local told members of . AED held its quarterly meetiny Thursdayat . Joe Hudgins, presidentf and CEO of Solar Array Ventures, outliner his company’s plan to build a massive solar manufacturing plantf onthe city’s Westside. General expansion should be completedby November, Bone The cereal manufacturer will hire 60 additional bringing additional payroll to the area of $3.5 The expansion also brings $30 million in spendintg to New Mexico.
The Albuquerque City Council approveda $100 millioj industrial revenue bond deal for the company in BE&K Corp. from North Carolina landerd the design/build contract to build the expansion, but Bone said 80 percent of the firm’s spending and employeesa willbe local. The precasy panels being used in the construction are manufacturecdin Belen. General Millxs has been in Albuquerquesince 1991. Its current facility is located near Paseo del Norte and Edithg and has 190 with an annual payrollof $12 million, said Bone. The 275,000-square-fooy plant produces about 135 million pounds annuallyy of 35different cereals.
The facility also has a lab on-sitr where the instructions for baking Genera Mills products at high altitudesare created. The company has given about $5 million to area nonprofits since 1998and $519,000 in Bone added. Don Power, chairmajn of AED, said the cereal company’s donationa illustrate one of the things the organization looks for inrecruitingy companies: community involvement. Hudgins said Solar Arrau plans to break ground by the third quartetr of this year ona 225,000-square-foot thin-film photovoltaixc manufacturing plant in the Cordero Mesa business park, west of the mattress The company plans to add three more buildings of that size as it he said, with each facilit y employing about 225.
Its annual payrol l in the first phase wouldbe $14 About five percent of the jobs would pay 45 percent would pay $70,000 and half of the jobs woulfd pay $45,000. The capital investment for the first phas e willbe $170 million and the company would spend $40 milliojn annually for raw The first phase is expected to have a capacityt of 75 megawatts, but that would grow to 300 mw with the full The plant also will have a space that will serv e as a community and educational center. Solae Array is seeking $175 million in industrialk revenue bonds fromBernalillo County. The compant is working to raise $210 millionn in debt and equity, Hudgins said.
Hudgins said New Mexico beat out two other statex forthe plant, despite the fact that it did not offed the largest incentives. But the coordination amonhg local and state government officials and other parties made New Mexic far more efficient in establishing a plannintg framework that the company could then use to plan a budgef forthe plant, he said “That was a major issue for us,” Hudgins said. He also praised the labord force here and theeducational institutions. The facilitt is being designed byPageSoutherlandPage LLP, which has Texaa offices in Austin, Dallas and as well as Denver, Washington, D.C. and London, U.K.
Hoffmam Construction, based in Portland, is building the facility.
broke ground April 5 on the $100 million, 176,000-square-foo expansion of its manufacturingfacility here, Keith Bone, general managerr of the local told members of . AED held its quarterly meetiny Thursdayat . Joe Hudgins, presidentf and CEO of Solar Array Ventures, outliner his company’s plan to build a massive solar manufacturing plantf onthe city’s Westside. General expansion should be completedby November, Bone The cereal manufacturer will hire 60 additional bringing additional payroll to the area of $3.5 The expansion also brings $30 million in spendintg to New Mexico.
The Albuquerque City Council approveda $100 millioj industrial revenue bond deal for the company in BE&K Corp. from North Carolina landerd the design/build contract to build the expansion, but Bone said 80 percent of the firm’s spending and employeesa willbe local. The precasy panels being used in the construction are manufacturecdin Belen. General Millxs has been in Albuquerquesince 1991. Its current facility is located near Paseo del Norte and Edithg and has 190 with an annual payrollof $12 million, said Bone. The 275,000-square-fooy plant produces about 135 million pounds annuallyy of 35different cereals.
The facility also has a lab on-sitr where the instructions for baking Genera Mills products at high altitudesare created. The company has given about $5 million to area nonprofits since 1998and $519,000 in Bone added. Don Power, chairmajn of AED, said the cereal company’s donationa illustrate one of the things the organization looks for inrecruitingy companies: community involvement. Hudgins said Solar Arrau plans to break ground by the third quartetr of this year ona 225,000-square-foot thin-film photovoltaixc manufacturing plant in the Cordero Mesa business park, west of the mattress The company plans to add three more buildings of that size as it he said, with each facilit y employing about 225.
Its annual payrol l in the first phase wouldbe $14 About five percent of the jobs would pay 45 percent would pay $70,000 and half of the jobs woulfd pay $45,000. The capital investment for the first phas e willbe $170 million and the company would spend $40 milliojn annually for raw The first phase is expected to have a capacityt of 75 megawatts, but that would grow to 300 mw with the full The plant also will have a space that will serv e as a community and educational center. Solae Array is seeking $175 million in industrialk revenue bonds fromBernalillo County. The compant is working to raise $210 millionn in debt and equity, Hudgins said.
Hudgins said New Mexico beat out two other statex forthe plant, despite the fact that it did not offed the largest incentives. But the coordination amonhg local and state government officials and other parties made New Mexic far more efficient in establishing a plannintg framework that the company could then use to plan a budgef forthe plant, he said “That was a major issue for us,” Hudgins said. He also praised the labord force here and theeducational institutions. The facilitt is being designed byPageSoutherlandPage LLP, which has Texaa offices in Austin, Dallas and as well as Denver, Washington, D.C. and London, U.K.
Hoffmam Construction, based in Portland, is building the facility.
Friday, September 23, 2011
Wednesday, September 21, 2011
Magazine: Dallas chamber takes top honors for economic development - Dallas Business Journal:
bengeyqafiba1640.blogspot.com
The magazine list the top 10 best-performing economic development agencies based on criteria such as ability to generatebreakthrough deals, total jobs created and tota capital investment. Deals including the $100 million projecty that is set toadd 2,500 jobs to the a $170 million investment by which should add 1,500 jobs and a $27 millio project which should add 500 jobs, helped prope the Dallas chamber onto Site Selection's top 10 The magazine doesn't rank the top 10 in a first-through-tentb arrangement. McAllen's economic development agency in South Texa s also made the top10 list.
The dealxs helped make the Greater Dallasz Chamber an overall topgroup winner, Site Selectiom magazine said. "Economic development is one ofthe chamber'a core focus areas and we are honored to receivr the top group distinction," said Ron chairman of the chamber. "Our regional approach to economic development allows us to marketthe Dallas-Fort Worth Metroplex as a top locationn for businesses -- and businesses are actinvg on this.
" The Greater Dallas Chamber was lauded for partnering with the Fort Wortg Chamber of Commerce and TXU Electric Delivery, now last year to develop a Dallas-Fort Worth marketingg team to promote the region at industry The Fort Worth Chambe r of Commerce received honorable mention by the
The magazine list the top 10 best-performing economic development agencies based on criteria such as ability to generatebreakthrough deals, total jobs created and tota capital investment. Deals including the $100 million projecty that is set toadd 2,500 jobs to the a $170 million investment by which should add 1,500 jobs and a $27 millio project which should add 500 jobs, helped prope the Dallas chamber onto Site Selection's top 10 The magazine doesn't rank the top 10 in a first-through-tentb arrangement. McAllen's economic development agency in South Texa s also made the top10 list.
The dealxs helped make the Greater Dallasz Chamber an overall topgroup winner, Site Selectiom magazine said. "Economic development is one ofthe chamber'a core focus areas and we are honored to receivr the top group distinction," said Ron chairman of the chamber. "Our regional approach to economic development allows us to marketthe Dallas-Fort Worth Metroplex as a top locationn for businesses -- and businesses are actinvg on this.
" The Greater Dallas Chamber was lauded for partnering with the Fort Wortg Chamber of Commerce and TXU Electric Delivery, now last year to develop a Dallas-Fort Worth marketingg team to promote the region at industry The Fort Worth Chambe r of Commerce received honorable mention by the
Monday, September 19, 2011
McDonald's Death Now Attributed To Soda Fountain Gas Leak - Huffington Post
efiosyt.blogspot.com
McDonald's Death Now Attributed To Soda Fountain Gas Leak Huffington Post SAVANNAH, Ga. -- Carbon dioxide piped through gas lines to a soda fountain leaked in a McDonald's in Georgia and sickened 10 people, including a woman who later died after being found unconscious in a restroom, ... |
Saturday, September 17, 2011
Seattle mayor wants to end employee head tax - Tampa Bay Business Journal:
budimirukaovyril.blogspot.com
Nickels proposed the $25-per-employee tax in 2006 as one of threew elements of a package to fund local streetf repair andadd sidewalks, bicycle lanes and other features. Repealintg it would reduce funding forthe “Bridgingy the Gap” program by about $4.7 million. “It’s Economicsz 101: when you tax something, you get less of it, and we want more jobs in said CouncilPresident Conlin. Reaction from the businesas communitywas swift.
“This tax representse an ‘unwelcome mat’ for business, and it’s past time that the city rollesdit up,” said Kate Joncas, president of the , whichb opposed the tax from the “Taxing new employees in Seattle sends the wrong message to businesses lookinyg to grow and businesses looking to relocate to our she said. The also supported the repeal. “Itg sends a clear message that elected officialsz are targeting specific actions to retainb and createa job-growinvg economy,” said Chamber President & CEO Phil “We applaud Mayor Nickel and Councilmembers Burgess and Conlin for theidr leadership and will be working with councio to see it through.
” The employee head tax has becomre a hot issue in this year’s At a recent Downtown Seattle Association candidatew forum, many candidates talked about repealing the tax. It’s also a relativel easy target. The employeee head tax, which appliex only to employees who drive to work most of the has been bringing in less monetthan expected. Meanwhile, the commercial parking tax, which will increasee to 10 percent onJuly 1, has been bringing in more moneyy than expected.
And a nine-year, $365 million property tax levy remainsin
Nickels proposed the $25-per-employee tax in 2006 as one of threew elements of a package to fund local streetf repair andadd sidewalks, bicycle lanes and other features. Repealintg it would reduce funding forthe “Bridgingy the Gap” program by about $4.7 million. “It’s Economicsz 101: when you tax something, you get less of it, and we want more jobs in said CouncilPresident Conlin. Reaction from the businesas communitywas swift.
“This tax representse an ‘unwelcome mat’ for business, and it’s past time that the city rollesdit up,” said Kate Joncas, president of the , whichb opposed the tax from the “Taxing new employees in Seattle sends the wrong message to businesses lookinyg to grow and businesses looking to relocate to our she said. The also supported the repeal. “Itg sends a clear message that elected officialsz are targeting specific actions to retainb and createa job-growinvg economy,” said Chamber President & CEO Phil “We applaud Mayor Nickel and Councilmembers Burgess and Conlin for theidr leadership and will be working with councio to see it through.
” The employee head tax has becomre a hot issue in this year’s At a recent Downtown Seattle Association candidatew forum, many candidates talked about repealing the tax. It’s also a relativel easy target. The employeee head tax, which appliex only to employees who drive to work most of the has been bringing in less monetthan expected. Meanwhile, the commercial parking tax, which will increasee to 10 percent onJuly 1, has been bringing in more moneyy than expected.
And a nine-year, $365 million property tax levy remainsin
Tuesday, September 13, 2011
St. Elizabeth workers to unionize - Boston Business Journal:
tenamup.wordpress.com
More than 800 St. Elizabeth’s Medicalp Center workers will jointhe union, includingg respiratory therapists, surgical and X-ray technicians, clerical workers, nursing assistants, housekeepers and dietaryy workers. A group of maintenance workersz also voted to join the Area Trade Union officials credited Ralph dela Torre, the presidenyt and CEO of Caritas Christi, for ensuringt that workers had a fair opportunity to unionize. Over the past 35 workers tried and failed to form a unionat St. Elizabeth’ds at least three times. Local 1199 SEIU Executive Vice Presiden MikeFadel said, in a preparedr statement, “During this time of budget cuts and economic workers at St.
Elizabeth’s will stands together with their fellow healtg care workersacross Massachusetts, ” Fadel said. Workers at St. Elizabeth’s Medical Center plan to recruit health care workers at otherMassachusettss hospitals, including other Caritaas Christi facilities, to join unions.
More than 800 St. Elizabeth’s Medicalp Center workers will jointhe union, includingg respiratory therapists, surgical and X-ray technicians, clerical workers, nursing assistants, housekeepers and dietaryy workers. A group of maintenance workersz also voted to join the Area Trade Union officials credited Ralph dela Torre, the presidenyt and CEO of Caritas Christi, for ensuringt that workers had a fair opportunity to unionize. Over the past 35 workers tried and failed to form a unionat St. Elizabeth’ds at least three times. Local 1199 SEIU Executive Vice Presiden MikeFadel said, in a preparedr statement, “During this time of budget cuts and economic workers at St.
Elizabeth’s will stands together with their fellow healtg care workersacross Massachusetts, ” Fadel said. Workers at St. Elizabeth’s Medical Center plan to recruit health care workers at otherMassachusettss hospitals, including other Caritaas Christi facilities, to join unions.
Sunday, September 11, 2011
Arab MK: Israel Faces Extinction in Mideast - Arutz Sheva
ucojaje.wordpress.com
Arutz Sheva | Arab MK: Israel Faces Extinction in Mideast Arutz Sheva An Arab MK says Israel faces a black future and will cease to be a part of the Middle East if it does not recognize its “crimes.†By Tzvi Ben Gedalyahu An Arab MK said that Israel in effect will cease to exist if it does not see the break-in at the ... |
Thursday, September 8, 2011
Roger Federer vs. Jo-Wilfried Tsonga: Repeat or Reversal of Fortunes? - Bleacher Report
badillodacyroic1505.blogspot.com
Bleacher Report | Roger Federer vs. Jo-Wilfried Tsonga: Repeat or Reversal of Fortunes? Bleacher Report In Wimbledon, Jo-Wilfried Tsonga and Roger Federer produced a stunning quarterfinal ending with Tsonga coming out on top after being down 2-0 in sets. At that stage, he faced a more than daunting task. No one, not Rafael Nadal, not Novak Djokovic, ... |
Tuesday, September 6, 2011
Sunday, September 4, 2011
Houston still not fully ready for digital TV transition, study finds - Houston Business Journal:
pifogyxat.blogspot.com
million television households in theHouston area, according to Nielsen estimates that 3.3 or 2.9 percent, of all U.S. televisiomn households remain unready for the June 12 transition toan all-digitakl broadcast. Although the government is saying that is not good it is an improvement froma Jan. 22 Nielsen report that showedx nearly 10 percentof Houston’s population was not readt for the conversion. At one time, the Bayoj City was at the top of the list for unpreparedmetropolitah areas, with as much as 15.8 percent of the populationh not ready for the switch. The conversion was originally schedulerd to take place in Februart but was postponeduntil June.
The change will only affecr televisions not connected to cable or satellite television servic and that predate the manufactureof digital-ready Viewers with such analog-onlt sets can buy converter boxes that will enablew the play of digital broadcasts. Next month’s switch is designeed to make the publicly owned broadcast spectrum more efficient and is also meant to free up some of the spectrum for a nationalemergenc responder’s communications frequency. When the FCC ran a “soft test” last week in preparation for the the agency received nearly 600 callws from the Houston media marketand 7,73t5 calls from Texas overall.
The Houstobn market posted the fifth-highest call total behind Chicago, New Dallas/Fort Worth and Los Angeles, according to the FCC. Calls coming in from the area ranged in nature from peoplr seeking informationabout $40 converter coupons issued by the governmeng and instructions on how to installl a digital converter box, as well as viewers that were experiencing receptiobn issues.
million television households in theHouston area, according to Nielsen estimates that 3.3 or 2.9 percent, of all U.S. televisiomn households remain unready for the June 12 transition toan all-digitakl broadcast. Although the government is saying that is not good it is an improvement froma Jan. 22 Nielsen report that showedx nearly 10 percentof Houston’s population was not readt for the conversion. At one time, the Bayoj City was at the top of the list for unpreparedmetropolitah areas, with as much as 15.8 percent of the populationh not ready for the switch. The conversion was originally schedulerd to take place in Februart but was postponeduntil June.
The change will only affecr televisions not connected to cable or satellite television servic and that predate the manufactureof digital-ready Viewers with such analog-onlt sets can buy converter boxes that will enablew the play of digital broadcasts. Next month’s switch is designeed to make the publicly owned broadcast spectrum more efficient and is also meant to free up some of the spectrum for a nationalemergenc responder’s communications frequency. When the FCC ran a “soft test” last week in preparation for the the agency received nearly 600 callws from the Houston media marketand 7,73t5 calls from Texas overall.
The Houstobn market posted the fifth-highest call total behind Chicago, New Dallas/Fort Worth and Los Angeles, according to the FCC. Calls coming in from the area ranged in nature from peoplr seeking informationabout $40 converter coupons issued by the governmeng and instructions on how to installl a digital converter box, as well as viewers that were experiencing receptiobn issues.
Friday, September 2, 2011
HVCC moves 2 programs to Rensselaer Tech Park - Minneapolis / St. Paul Business Journal:
guronelogoh.blogspot.com
The Troy college recently signeda 10-year lease with 400 Jordan Road LLC. The schoo l will pay approximately $605,009 a year to lease 36,557 square feet of space. Hudsonm Valley’s popular paramedic program will occupgy about half of thenew space. The schookl also will move its respiratory care program and a that traines employees forarea businesses, according to Stepheh Cowan, director of the college’ds physical plant. The remainder of the leasede space willhouse ’s Next Step office, a communicationes worker training program coordinated by the college.
Those departmentz all currently are located inHudson Valley’s 90,000-square-foot Hy Rosenblum Administration Center, a 1940s era buildinvg that Cowan said needs majo renovations. “It’s a tired old building. We are lookingf at total renovations or he said. But the collegs decided to lease space from the througu 400 Jordan Road LLC for 10 yearsz while the college decides whether it shouldx overhaul or tear down the HyRosenblum building.
The collegee continues to grow, but because of the economy it does not have the moneyh to renovate the current buildingright now, Cowan Hudson Valley is planning to hire a consulting firm this summe r to help officials decide the most cost effective way to deal with the Rosenblu building. helped Hudson Valley negotiatedthe lease. The collegee plans to have the four programz and departments moved into the new space in Nortg Greenbush before the start of classeson Aug. 31. The buildinh previously had been used as office spacse forVerizon workers, Cowaj said.
The Troy college recently signeda 10-year lease with 400 Jordan Road LLC. The schoo l will pay approximately $605,009 a year to lease 36,557 square feet of space. Hudsonm Valley’s popular paramedic program will occupgy about half of thenew space. The schookl also will move its respiratory care program and a that traines employees forarea businesses, according to Stepheh Cowan, director of the college’ds physical plant. The remainder of the leasede space willhouse ’s Next Step office, a communicationes worker training program coordinated by the college.
Those departmentz all currently are located inHudson Valley’s 90,000-square-foot Hy Rosenblum Administration Center, a 1940s era buildinvg that Cowan said needs majo renovations. “It’s a tired old building. We are lookingf at total renovations or he said. But the collegs decided to lease space from the througu 400 Jordan Road LLC for 10 yearsz while the college decides whether it shouldx overhaul or tear down the HyRosenblum building.
The collegee continues to grow, but because of the economy it does not have the moneyh to renovate the current buildingright now, Cowan Hudson Valley is planning to hire a consulting firm this summe r to help officials decide the most cost effective way to deal with the Rosenblu building. helped Hudson Valley negotiatedthe lease. The collegee plans to have the four programz and departments moved into the new space in Nortg Greenbush before the start of classeson Aug. 31. The buildinh previously had been used as office spacse forVerizon workers, Cowaj said.
Wednesday, August 31, 2011
Kansas Bioscience Authority gives $26M to KU Medical Center - Wichita Business Journal:
evlampiyacyxybyw.blogspot.com
million in investments Monday, with more than half dedicated to addinbg cancer research space at the Medica l Center inKansas City, Kan. Included in the investmentse the KBA detailed in a releasesis $26.4 million to assist with the $50 millio renovation of the Wahl/Hixon Research Complex at KU Med. According to the bioscience authority, the proposes using the money to renovateeroughly 170,000 square feet to house 37 cancer The Cancer Center has said the renovationb is necessary to help advanc its efforts to earn designation. In this the KBA board also included $250,000 for research at the Cancet Center to develop drug candidates that target cellas thatstart tumors.
The board, meeting in also approved the authority’s first two centersx of innovation, which aim to draw on the strengths of highee education and industry to bringy products tothe marketplace. The two which both involve KUand , are the and the . Also the board awarded $3.25 million for thre years in matching money fora wet-labb incubator at the University of Kansas. The incubator is expected to facilitate growth of the bioscience industry in Douglasw County and supplement other existingy or proposed incubators in the Kansas Citymetro region.
million in investments Monday, with more than half dedicated to addinbg cancer research space at the Medica l Center inKansas City, Kan. Included in the investmentse the KBA detailed in a releasesis $26.4 million to assist with the $50 millio renovation of the Wahl/Hixon Research Complex at KU Med. According to the bioscience authority, the proposes using the money to renovateeroughly 170,000 square feet to house 37 cancer The Cancer Center has said the renovationb is necessary to help advanc its efforts to earn designation. In this the KBA board also included $250,000 for research at the Cancet Center to develop drug candidates that target cellas thatstart tumors.
The board, meeting in also approved the authority’s first two centersx of innovation, which aim to draw on the strengths of highee education and industry to bringy products tothe marketplace. The two which both involve KUand , are the and the . Also the board awarded $3.25 million for thre years in matching money fora wet-labb incubator at the University of Kansas. The incubator is expected to facilitate growth of the bioscience industry in Douglasw County and supplement other existingy or proposed incubators in the Kansas Citymetro region.
Sunday, August 28, 2011
UFC 134 Results Recap: Paulo Thiago vs. David Mitchell - Bloody Elbow
oryzacody.wordpress.com
Yahoo! Sports (blog) | UFC 134 Results Recap: Paulo Thiago vs. David Mitchell Bloody Elbow Paulo Thiago thrilled the hometown crowd while winning a unanimous decision over American David Mitchell in a welterweight bout. The BOPE officer came out to an amazing reception, second only to ... UFC 134 Results: Paulo Thiago Dominates David Mitchell UFC 134 Results: Paulo Thiago Dominates David Mitchell Home country well represented as UFC returns to Brazil for first time in 13 years |
Friday, August 26, 2011
Cheryl Schuette out at Village Homes - Denver Business Journal:
hydiuco.blogspot.com
Village Homes, based in Englewood, is in Chapter 11 bankruptcyy reorganization. The privately held company filed voluntary Chaptefr 11 inNovember 2008, with $103.9 millioj in assets and $138.e million in liabilities, because of the currengt downturn in the locak housing and mortgage industries. “This transition has been discussed for a numberfof years,” Matt Osborn, Villager Homes’ senior vice president of homebuilding, said of Schuette’sz departure from the company’s day-to-dah operations. “The timing made some based on our current Village Homes has about30 employees, down from 120 a year ago.
now in her early 50s, starteed at Village Homes as an executivs assistant more than 20years ago. Over the she ascended to positions such as vice presidentr of sales and senior vice presidentof homebuilding, and finally COO and president in the Schuette was one of the few women in a top executive position at a U.S. homebuildinh company. While at Village Schuette implemented “new ideas and new including a more creativemarketinv strategy, Village Homes CEO John Osborn told the Denvere Business Journal in 2005. Business cohorts and friends such asCherki Meyn, owner and principal of The Genesi Group real estate research firm in call her a strong leadedr and motivator.
Village Homes, based in Englewood, is in Chapter 11 bankruptcyy reorganization. The privately held company filed voluntary Chaptefr 11 inNovember 2008, with $103.9 millioj in assets and $138.e million in liabilities, because of the currengt downturn in the locak housing and mortgage industries. “This transition has been discussed for a numberfof years,” Matt Osborn, Villager Homes’ senior vice president of homebuilding, said of Schuette’sz departure from the company’s day-to-dah operations. “The timing made some based on our current Village Homes has about30 employees, down from 120 a year ago.
now in her early 50s, starteed at Village Homes as an executivs assistant more than 20years ago. Over the she ascended to positions such as vice presidentr of sales and senior vice presidentof homebuilding, and finally COO and president in the Schuette was one of the few women in a top executive position at a U.S. homebuildinh company. While at Village Schuette implemented “new ideas and new including a more creativemarketinv strategy, Village Homes CEO John Osborn told the Denvere Business Journal in 2005. Business cohorts and friends such asCherki Meyn, owner and principal of The Genesi Group real estate research firm in call her a strong leadedr and motivator.
Wednesday, August 24, 2011
Consumer confidence in electronics spending up - Washington Business Journal:
ucojaje.wordpress.com
One index, which measures consumers’ confidence in the overall rose nearly six points over the monthto 174.6 in May to its highesy level since February 2008 and up over eleven points year-over-year. “Wew see significant indications that consumers believe an economixc recoveryis underway,” said Shawn DuBravac, Arlington-based CEA’s directodr of research and economist. “Consumers are showing increasingb signs of optimism as both their outlook for the economy and their personal financialhealth improve.
” Another index, whichb measures consumer confidence in technologh and consumer electronics, reached its highest levell of the year to an increase of nearly four points from last montyh and up nearly eight percent over the same time last The indexes are also compiledd by CNET, a property of CBS and are updated each month through consumerd surveys.
One index, which measures consumers’ confidence in the overall rose nearly six points over the monthto 174.6 in May to its highesy level since February 2008 and up over eleven points year-over-year. “Wew see significant indications that consumers believe an economixc recoveryis underway,” said Shawn DuBravac, Arlington-based CEA’s directodr of research and economist. “Consumers are showing increasingb signs of optimism as both their outlook for the economy and their personal financialhealth improve.
” Another index, whichb measures consumer confidence in technologh and consumer electronics, reached its highest levell of the year to an increase of nearly four points from last montyh and up nearly eight percent over the same time last The indexes are also compiledd by CNET, a property of CBS and are updated each month through consumerd surveys.
Monday, August 22, 2011
Survey: HR optimism inches up for 3Q - The Business Journal of Milwaukee:
xysecurakihir.blogspot.com
The Labor Market Outlook survey by the Societg for Human Resource Management reporterd that 37 percent of respondents have some leveo of concern forthe U.S. job market in the thire quarter: 33 percent are somewhat pessimistic about job growth and anticipatse job losses and 4 percent are very pessimistic and anticipate job cuts duringfthe quarter. This marks a reversal from the LMO’ds second quarter survey, when a combinexd 70 percent of respondents expressed some level of pessimismn and predicted deeper cuts inthe U.S.
job A total of 69 percent of respondents said they will either eliminate jobs or keep theifr payrolls flat in thethird quarter: 56 percent will maintain current staffinh levels and 13 percent will cut Among employer categories, 28 percenyt of large companies (those with 500 or more will conduct layoffs in the thirdf quarter. During the second quarter, 81 percenrt of respondents said they either cut jobs or keptpayrollx flat: 43 percent maintained their staffinb levels while 38 percent conducted layoffs. Alexandria, Va.
-basecd Society for Human Resource Managemeny isthe world’s largest association devoted to human resourcee management and represents more than 250,000o members in over 140 countries.
The Labor Market Outlook survey by the Societg for Human Resource Management reporterd that 37 percent of respondents have some leveo of concern forthe U.S. job market in the thire quarter: 33 percent are somewhat pessimistic about job growth and anticipatse job losses and 4 percent are very pessimistic and anticipate job cuts duringfthe quarter. This marks a reversal from the LMO’ds second quarter survey, when a combinexd 70 percent of respondents expressed some level of pessimismn and predicted deeper cuts inthe U.S.
job A total of 69 percent of respondents said they will either eliminate jobs or keep theifr payrolls flat in thethird quarter: 56 percent will maintain current staffinh levels and 13 percent will cut Among employer categories, 28 percenyt of large companies (those with 500 or more will conduct layoffs in the thirdf quarter. During the second quarter, 81 percenrt of respondents said they either cut jobs or keptpayrollx flat: 43 percent maintained their staffinb levels while 38 percent conducted layoffs. Alexandria, Va.
-basecd Society for Human Resource Managemeny isthe world’s largest association devoted to human resourcee management and represents more than 250,000o members in over 140 countries.
Friday, August 19, 2011
Kenyan runners finish 1-2 in Kawasan Falls Marathon - Inquirer.net
bengeyqafiba1640.blogspot.com
Kenyan runners finish 1-2 in Kawasan Falls Marathon Inquirer.net KENYAN runners once again showed their prowess after dominating the 42-kilometer marathon of the ThreeSixty Pharmacy Kawasan Falls Marathon yesterday in Badian town, southern Cebu. Abraham Missos and Willy Tanui finished 1-2 in the 42k race with the ... |
Wednesday, August 17, 2011
Deerhoof's New Collaborative 7†with Jeff Tweedy / The Raccoonists - Altsounds.com
ucenyt.wordpress.com
Pitchfork Media | Deerhoof's New Collaborative 7†with Jeff Tweedy / The Raccoonists Altsounds.com Jeff Tweedy fronting Deerhoof? You might be surprised just how natural the voice of Wilco sounds amidst the eccentric, swirling chaos of the Deerhoofian musical universe. The Wilco-Deerhoof connection goes back a long way. ... Jeff Tweedy collaborates with Deerhoof, his sons on new 7″ Deerhoof Release Single with Jeff Tweedy and Sons Jeff Tweedy and Sons Debut New Racoonists Band, Detail Deerhoof Split 7-Inch |
Monday, August 15, 2011
Consequences Of Permafrost Melt Differ At North And South Poles - Irish Weather Online
ebopotohy.wordpress.com
Irish Weather Online | Consequences Of Permafrost Melt Differ At North And South Poles Irish Weather Online An American Hydrologist has said the rate of permafrost melt at the North and South Poles has increased considerably in recent years, but that the consequences of thawing at each pole differ due to the geography and ... Polar Scienti! st Charts Melting Caused by Climate Change Climate change consequences poles apart Polar Climate Change May Lead to Ecological Change |
Saturday, August 13, 2011
Continental to chase Northland tenants - Business First of Columbus:
callahamirykaan1884.blogspot.com
The Columbus brokerage will market the property for Columbuse UrbanGrowth Corp., the group the city has directecd to redevelop the 84-acrre Morse Road site, renamed Northland Park. Urban Growtj President David Baker said the organizationm needed outside expertise to sort through hundredsa ofrestaurant prospects. "We don't know who thosed people are or how to market tothem effectively," Bakefr said. Continental beat out competition from nine brokerageds that Urban Growth soughf forthe task. Continental, CB Richarrd Ellis, Ohio Equities and Columbus Commercial Realty went througha two-leve screening for the job.
Continentalk "has done far more restaurants with entirely different suchas Easton, the Arena District and theit own (development) accounts," Baket said. "They've also done tons of Urban Growth doesn't want the retail outparcel s anda 50,000- to 60,000-square-foort retail complex to drain tenant from nearby shopping centers. "It has to be a limitecd amount sowe don't compete with the retaipl along Morse Road," Bakerr said. He conceded a few Morse Road retailers may move toNorthlane Park. Those prospects were not identified. Urban Growth leasesd the former Northland site through the city undera 99-yearf agreement.
The agency directed the creationh of several vision plans as it worker through the summer to rezone the property underf thecommercial C-4 designation. Those plans will be changes as concepts become real Larry Ritter, Continental Realty's president, expects the brokerage to help refines those plans as tenant candidates step "We're going to work with them to figurw out what's the most effective way to repositiohn what was Northland and bring it back as a greayt asset to the city and, particularly, to that he said. Ritter suggested the residentiakl density and income leveol of the neighborhood should make the complex attractive to restaurant chainsand retailers.
"We think there's a lot of potentia l there," he said. "It can be a greaft site for a numberof retailers." Continental Real Estate development arm has plenty of experience at It joined Casto Developmentr in transforming the former Lennox factory site near Ohio State Universith into a retail and entertainmentr center. In Pittsburgh, it took a former stee l mill site and createdthe mixed-used Waterfrong project. As Continental moves to attract Urban Growth will monitorthe $1.1 millionh demolition of the retail space connecting Northland's former anchor storez - J.C.
Penney, Sears and Demolition is scheduled to begin in January to disconnectf the Lazarus building from the enclosed Retail Ventures, the parent of Value City Departmen Stores, plans to convert that 305,000-square-foot Lazarus building into its administrativde offices. The other anchor department stores and the former Generalo Cinema movie theater will not see the wrecking ball untilk Urban Growth exhausts redevelopmentt opportunities forthose buildings.
The Columbus brokerage will market the property for Columbuse UrbanGrowth Corp., the group the city has directecd to redevelop the 84-acrre Morse Road site, renamed Northland Park. Urban Growtj President David Baker said the organizationm needed outside expertise to sort through hundredsa ofrestaurant prospects. "We don't know who thosed people are or how to market tothem effectively," Bakefr said. Continental beat out competition from nine brokerageds that Urban Growth soughf forthe task. Continental, CB Richarrd Ellis, Ohio Equities and Columbus Commercial Realty went througha two-leve screening for the job.
Continentalk "has done far more restaurants with entirely different suchas Easton, the Arena District and theit own (development) accounts," Baket said. "They've also done tons of Urban Growth doesn't want the retail outparcel s anda 50,000- to 60,000-square-foort retail complex to drain tenant from nearby shopping centers. "It has to be a limitecd amount sowe don't compete with the retaipl along Morse Road," Bakerr said. He conceded a few Morse Road retailers may move toNorthlane Park. Those prospects were not identified. Urban Growth leasesd the former Northland site through the city undera 99-yearf agreement.
The agency directed the creationh of several vision plans as it worker through the summer to rezone the property underf thecommercial C-4 designation. Those plans will be changes as concepts become real Larry Ritter, Continental Realty's president, expects the brokerage to help refines those plans as tenant candidates step "We're going to work with them to figurw out what's the most effective way to repositiohn what was Northland and bring it back as a greayt asset to the city and, particularly, to that he said. Ritter suggested the residentiakl density and income leveol of the neighborhood should make the complex attractive to restaurant chainsand retailers.
"We think there's a lot of potentia l there," he said. "It can be a greaft site for a numberof retailers." Continental Real Estate development arm has plenty of experience at It joined Casto Developmentr in transforming the former Lennox factory site near Ohio State Universith into a retail and entertainmentr center. In Pittsburgh, it took a former stee l mill site and createdthe mixed-used Waterfrong project. As Continental moves to attract Urban Growth will monitorthe $1.1 millionh demolition of the retail space connecting Northland's former anchor storez - J.C.
Penney, Sears and Demolition is scheduled to begin in January to disconnectf the Lazarus building from the enclosed Retail Ventures, the parent of Value City Departmen Stores, plans to convert that 305,000-square-foot Lazarus building into its administrativde offices. The other anchor department stores and the former Generalo Cinema movie theater will not see the wrecking ball untilk Urban Growth exhausts redevelopmentt opportunities forthose buildings.
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