eragywaqer.wordpress.com
Campbell formerly served as F.N.B.’s lead director and serves on several committees. He has been a director sinces 1975. “Bill is one of our longest serving and mostdedicatexd directors,” Gurgovits said in a statement. previously said it wouled appoint a new chairman to enable Gurgovits to focus on his corporate responsibilities and to conformjto F.N.B.’s corporate guidelines. Gurgovits, who has worked at for 48 years, had taken the chairman role in April 2008 when Robert New was named CEO and presidenyt after anearly two-year New resigned 10 months later and Gurgovitzs stepped back in on an interim basis He accepted the post fulltime on June 2. F.N.B.
is basexd in Hermitage, north of Pittsburgh, and had assets of $8.5 billio n as of March 31.
Tuesday, January 31, 2012
Sunday, January 29, 2012
PM Update: Temperatures shoot up tonight, rain increases; breezy, colder ... - Washington Post (blog)
omagyvoham.wordpress.com
PM Update: Temperatures shoot up tonight, rain increases; breezy, colder ... Washington Post (blog) By Jason Samenow We're no stranger to volatile weather on January 26. But this year's volatile weather, unlike last year, is more characteristic of spring than winter. Temperature spike to near 60 degrees overnight as showers increase in coverage and ... |
Gothamist | Sources: Greg Kelly Has "Flirtatious" Texts To Prove Sex Was Consensual Gothamist Kelly has denied the » |
Wednesday, January 25, 2012
Federal Home Loan Bank of Seattle back in compliance - Puget Sound Business Journal (Seattle):
http://assurednotaryservices.com/form_joinus.htm
In a recent letter to its 380 memberd banks andcredit unions, chief executive Richard Riccobonoo said that as of Jan. 31, the bank was in compliancde withits risk-based capital requirement — one crucial measurd of a bank’s health. The bank had faced a deficiency ofabout $178 million at the end of Decemberd and is now in compliance by about $149.7 million, according to an initial financial announcement in anticipatio of the bank’s annual reporrt to be released by March 31. Membert financial institutions of the Home Loan Bank system borroqw funds from the system to lend to Asof Sept. 30, 2008, the Seattle bank had $46.
3 billion in advances outstanding to member The root of the HomeLoan Bank’s capital troubles stem from its investments in mortgage-backed which had dropped in valued as a result of the financial turmoil. Riccobonoi warned in his letter thatthe bank’s risk-based capitakl “will continue to fluctuate while current markety conditions persist.”
In a recent letter to its 380 memberd banks andcredit unions, chief executive Richard Riccobonoo said that as of Jan. 31, the bank was in compliancde withits risk-based capital requirement — one crucial measurd of a bank’s health. The bank had faced a deficiency ofabout $178 million at the end of Decemberd and is now in compliance by about $149.7 million, according to an initial financial announcement in anticipatio of the bank’s annual reporrt to be released by March 31. Membert financial institutions of the Home Loan Bank system borroqw funds from the system to lend to Asof Sept. 30, 2008, the Seattle bank had $46.
3 billion in advances outstanding to member The root of the HomeLoan Bank’s capital troubles stem from its investments in mortgage-backed which had dropped in valued as a result of the financial turmoil. Riccobonoi warned in his letter thatthe bank’s risk-based capitakl “will continue to fluctuate while current markety conditions persist.”
Monday, January 23, 2012
Bounty hunter fears he prompted suicide of 'Speed Freak Killer' - Los Angeles Times
utyziluz.wordpress.com
Bounty hunter fears he prompted suicide of 'Speed Freak Killer' Los Angeles Times When a Sacramento-area bounty hunter heard about the suicide of paroled killer Loren Herzog on Tuesday morning, he thought maybe he had caused it. Leonard Padilla has been working with the family of Cyndi Vanderheiden, and other families of alleged ... |
Friday, January 20, 2012
Bay Area names top stimulus priorities - Minneapolis / St. Paul Business Journal:
yfimuna.wordpress.com
Projects ranked among the highestg in the plan cover a wide rangse of proposalsincluding high-speed rail extending the BART line to San Jose and boringt another roadway in the East Bay’s Caldecott Together, the highest-priority projects are seeking more than $7 billion in stimulusw money. The priority list also include a new stem cell research facilitu at the inMarinn County, energy efficiency and solar retrofits of publiv and other buildings in San San Francisco and Oakland; energy conversions to LED transit-oriented development projects and workforce training and placemengt for laid-off employees.
“This plan is designe d to maximizeour region’s shars of federal stimulus funding and other state supporyt that will benefit the Bay Area in both the near and said Sean Randolph, CEO of the , which was chargerd with compiling the list. The top 85 projectsd were classifiedas “strategic” priorities for the Bay Another 72 projects were considered “significant” but given a slightl lower ranking because they did not have the scalw or regional impact of the most highlhy ranked suggestions.
Those projects include thingx like a desalination project in the Montara Watedr andSanitary District, buildingt a clean technology demonstration manufacturing center in San Jose and outfittinh Burlingame city buildings with solar The plan, which can be founde online at www.bayareaeconomy.org/recovery, was the culmination of a three-month vettinhg process. The report was sent to the . That statr agency, which requested that other metropolitanj regions around the state submigtsimilar plans, will now take all those plansx and help coordinate with citie and counties to lobby the federal governmenty on behalf of certain projects.
“Thizs is to get people on the same page to minimizse the food fight where you have part of the state compete againstone another,” said Dale head of the California Businesws Transportation and Housing Agency. “What we’re doing is actinyg as a facilitator to help identifthe best” projects. The list’s authors said they hopedx that ranking projects would help the region get morestimulus “The Bay Area is the only regio in California that actuallyg attempted to prioritize,” Randolph “We think that’s We think that will make us more successful in gettintg attention, in getting those resources for thoses very high value projects.
” Projects on the Economic Institute’es wish list could be in for a big About $30 billion in federal stimulus money will be divviee up in Sacramento beforse going to various regions around California. Another $20 billion is expecteds to be distributed directly in the state by federao officials on adiscretionary basis. The chancee to get dollars from the federal stimulus program led to a flurrtof proposals. Bay Area authorities sifte d through almost570 suggestions. To make the cut, projects were supposed to spur job have regional impact and align with state programseand priorities, among other criteria.
The Economicd Institute called upon local experts in specific fields to judged proposals that fit at least one ofseven categories: transportation, water, energy/climate, workforce training and business development, science and innovation or housing. The vast majority of projects that made it to theEconomic Institute’s short list were from government agencies. A rang e of companies sought federal stimulus, too, saying that theit service would help boost the broader For example, a Berkeley-based firm callex Picture it Sold sought stimulus money to franchisr its home-staging business.
“We’re ready to move aheadc with thisplan immediately,” the compangy wrote in its “and we’ll help thousands of families and the wholed economy to recover.” The company’s idea did not make the Economivc Institute’s highest priority cut. But an appendix to the Economic Institute’s wish list includes every proposalit
Projects ranked among the highestg in the plan cover a wide rangse of proposalsincluding high-speed rail extending the BART line to San Jose and boringt another roadway in the East Bay’s Caldecott Together, the highest-priority projects are seeking more than $7 billion in stimulusw money. The priority list also include a new stem cell research facilitu at the inMarinn County, energy efficiency and solar retrofits of publiv and other buildings in San San Francisco and Oakland; energy conversions to LED transit-oriented development projects and workforce training and placemengt for laid-off employees.
“This plan is designe d to maximizeour region’s shars of federal stimulus funding and other state supporyt that will benefit the Bay Area in both the near and said Sean Randolph, CEO of the , which was chargerd with compiling the list. The top 85 projectsd were classifiedas “strategic” priorities for the Bay Another 72 projects were considered “significant” but given a slightl lower ranking because they did not have the scalw or regional impact of the most highlhy ranked suggestions.
Those projects include thingx like a desalination project in the Montara Watedr andSanitary District, buildingt a clean technology demonstration manufacturing center in San Jose and outfittinh Burlingame city buildings with solar The plan, which can be founde online at www.bayareaeconomy.org/recovery, was the culmination of a three-month vettinhg process. The report was sent to the . That statr agency, which requested that other metropolitanj regions around the state submigtsimilar plans, will now take all those plansx and help coordinate with citie and counties to lobby the federal governmenty on behalf of certain projects.
“Thizs is to get people on the same page to minimizse the food fight where you have part of the state compete againstone another,” said Dale head of the California Businesws Transportation and Housing Agency. “What we’re doing is actinyg as a facilitator to help identifthe best” projects. The list’s authors said they hopedx that ranking projects would help the region get morestimulus “The Bay Area is the only regio in California that actuallyg attempted to prioritize,” Randolph “We think that’s We think that will make us more successful in gettintg attention, in getting those resources for thoses very high value projects.
” Projects on the Economic Institute’es wish list could be in for a big About $30 billion in federal stimulus money will be divviee up in Sacramento beforse going to various regions around California. Another $20 billion is expecteds to be distributed directly in the state by federao officials on adiscretionary basis. The chancee to get dollars from the federal stimulus program led to a flurrtof proposals. Bay Area authorities sifte d through almost570 suggestions. To make the cut, projects were supposed to spur job have regional impact and align with state programseand priorities, among other criteria.
The Economicd Institute called upon local experts in specific fields to judged proposals that fit at least one ofseven categories: transportation, water, energy/climate, workforce training and business development, science and innovation or housing. The vast majority of projects that made it to theEconomic Institute’s short list were from government agencies. A rang e of companies sought federal stimulus, too, saying that theit service would help boost the broader For example, a Berkeley-based firm callex Picture it Sold sought stimulus money to franchisr its home-staging business.
“We’re ready to move aheadc with thisplan immediately,” the compangy wrote in its “and we’ll help thousands of families and the wholed economy to recover.” The company’s idea did not make the Economivc Institute’s highest priority cut. But an appendix to the Economic Institute’s wish list includes every proposalit
Wednesday, January 18, 2012
EnerJex completes $50M credit facility - Kansas City Business Journal:
amesit.wordpress.com
million of outstanding 10 percent seniorsecurede debentures, pay $2 million in debt to , repay abouyt $1 million in promissory notes connected to the company'sw purchase of the DD Energy pay fees and expensesa for the new facilityh and expand current development projects, including completion of 31 new oil wellxs drilled since May. The companh said it will use future borrowings mainly for the development and exploration of oil andgas properties, capitall expenditures and general corporate purposes. EnerJe x also said its 1-for-5 reverse stocmk split approved by shareholderes May 27 will be effectivde on or aboutJuly 25.
The split will combinee each five shares of commonj stock and reclassify it into one share ofcommo stock, reducing the number of shares outstanding to abourt 4.4 million from about 22.2 The company said it also has entered into a "costlesas collar" with on 130 barrels of oil a day with a pric floor of $132.50 a barrel and a ceiling pricre of $155.70 a barrel for NYMEX West Texasz Intermediate for 18 months from Oct. 1, through March 31, 2011. The company's production as of May 30 approximatef 270 barrelsa day.
A costlessd collar is created by buying a protectiver put and writingan out-of-the-monegy covered call with a strikre price with the premium received equal to the premiu of the protective put . Costless collars can be createxd to fully protect existing long stocok positions with little or no cost becauses the premium paid for the protective puts is offsetf by the premiums received for writin g thecovered calls, according to the site.
EnerJex is an oil and naturallgas acquisition, exploration and development
million of outstanding 10 percent seniorsecurede debentures, pay $2 million in debt to , repay abouyt $1 million in promissory notes connected to the company'sw purchase of the DD Energy pay fees and expensesa for the new facilityh and expand current development projects, including completion of 31 new oil wellxs drilled since May. The companh said it will use future borrowings mainly for the development and exploration of oil andgas properties, capitall expenditures and general corporate purposes. EnerJe x also said its 1-for-5 reverse stocmk split approved by shareholderes May 27 will be effectivde on or aboutJuly 25.
The split will combinee each five shares of commonj stock and reclassify it into one share ofcommo stock, reducing the number of shares outstanding to abourt 4.4 million from about 22.2 The company said it also has entered into a "costlesas collar" with on 130 barrels of oil a day with a pric floor of $132.50 a barrel and a ceiling pricre of $155.70 a barrel for NYMEX West Texasz Intermediate for 18 months from Oct. 1, through March 31, 2011. The company's production as of May 30 approximatef 270 barrelsa day.
A costlessd collar is created by buying a protectiver put and writingan out-of-the-monegy covered call with a strikre price with the premium received equal to the premiu of the protective put . Costless collars can be createxd to fully protect existing long stocok positions with little or no cost becauses the premium paid for the protective puts is offsetf by the premiums received for writin g thecovered calls, according to the site.
EnerJex is an oil and naturallgas acquisition, exploration and development
Monday, January 16, 2012
Business working behind scenes to shape health care reform - Wichita Business Journal:
fixyruw.wordpress.com
President Obama has mobilizedsthe grass-roots supporters that helped electr him to lobby for his vision of health care reform, which includez offering Americans a government-run health plan as an alternativwe to private insurance. A coalitiojn of labor unions and progressive organization s plans tospend $82 million on organizing efforts, research and lobbying to support the Obam a plan. Business groups, meanwhile, mostly are working behin the scenes to shapethe legislation. Although they have serious concernsz about some of theproposalas — including the public plan option and a mandatre for employers to provide insurance few are trying to bloclk health care reform at this point.
The cost of healthh insurance has become so burdensome that somethin needs tobe done, they agree. “Nobody supports the status saidJames Gelfand, the ’s senior manager of healt policy. “We absolutely have to have reform.” For most businessd groups, that means reining in healthb care costs and reforming insurance marketsx so that employers have more choices in the typeds ofplans available.
To achieve those however, businesses might have to swallow some bitter An employer mandate tops the list of concerns for manybusinesz groups, just as it did when Bill Clinton pushedc his health care reform plan in the The Senate bill might includs a provision that would requirer employers to either provide health insurancde to their employees or pay a fee to the federalk government. Some small-business owners don’t have a problem with that, including members of the MainStreert Alliance, which is part of the coalitiobn lobbying for the Obama plan.
“The way our syste works now, where responsible employers offerd coverage andothers don’t, leaves us in a situatio with an unlevel playing field,” 11 alliance members said in a statemengt submitted to the Senate Financre Committee. “If we’re contributing but other employersa aren’t, that gives them a financial advantageover us,” the statementf said. “We need to levell the playing field throughh a system where everyone pitchew in areasonable amount.” But most business lobbyistds contend that employers who can afforc to provide health insurance do so already because it helps them attracy and keep good employees.
Businessea that don’t provide health insurance tend tobe “marginally profitable,” said Denny Dennis, senior research fellow at the NFIB Researcu Foundation. Imposing a insurance requirement on these businesses would cost the economy morethan 1.6 million jobs, according to a study. Tax credit s could offset some of the costs for providingtthis coverage, but Gelfand said the creditss that are under discussion are “extremelyy limited.” Congress also could exempt some small businesses — such as firms with less than $500,009 in annual payroll — from the employee mandate.
But many business groups see this proposal as an attempr to split thebusinessz community, not as meaningful relief. “We oppose small-busineses carve-outs because they make it easief for Congress to apply mandates againstlarger employers,” said Neil vice president and employee benefits polic y counsel of the National Retai l Federation. “It’s also easy for Congress to come back and try to applyu the mandateagainst ever-smaller employers. “No matter how good the surrounding healthcare reform, a bill containint an employer mandate would be too high a price to pay for Trautwein said. Public plan or market reforms?
President Obama has mobilizedsthe grass-roots supporters that helped electr him to lobby for his vision of health care reform, which includez offering Americans a government-run health plan as an alternativwe to private insurance. A coalitiojn of labor unions and progressive organization s plans tospend $82 million on organizing efforts, research and lobbying to support the Obam a plan. Business groups, meanwhile, mostly are working behin the scenes to shapethe legislation. Although they have serious concernsz about some of theproposalas — including the public plan option and a mandatre for employers to provide insurance few are trying to bloclk health care reform at this point.
The cost of healthh insurance has become so burdensome that somethin needs tobe done, they agree. “Nobody supports the status saidJames Gelfand, the ’s senior manager of healt policy. “We absolutely have to have reform.” For most businessd groups, that means reining in healthb care costs and reforming insurance marketsx so that employers have more choices in the typeds ofplans available.
To achieve those however, businesses might have to swallow some bitter An employer mandate tops the list of concerns for manybusinesz groups, just as it did when Bill Clinton pushedc his health care reform plan in the The Senate bill might includs a provision that would requirer employers to either provide health insurancde to their employees or pay a fee to the federalk government. Some small-business owners don’t have a problem with that, including members of the MainStreert Alliance, which is part of the coalitiobn lobbying for the Obama plan.
“The way our syste works now, where responsible employers offerd coverage andothers don’t, leaves us in a situatio with an unlevel playing field,” 11 alliance members said in a statemengt submitted to the Senate Financre Committee. “If we’re contributing but other employersa aren’t, that gives them a financial advantageover us,” the statementf said. “We need to levell the playing field throughh a system where everyone pitchew in areasonable amount.” But most business lobbyistds contend that employers who can afforc to provide health insurance do so already because it helps them attracy and keep good employees.
Businessea that don’t provide health insurance tend tobe “marginally profitable,” said Denny Dennis, senior research fellow at the NFIB Researcu Foundation. Imposing a insurance requirement on these businesses would cost the economy morethan 1.6 million jobs, according to a study. Tax credit s could offset some of the costs for providingtthis coverage, but Gelfand said the creditss that are under discussion are “extremelyy limited.” Congress also could exempt some small businesses — such as firms with less than $500,009 in annual payroll — from the employee mandate.
But many business groups see this proposal as an attempr to split thebusinessz community, not as meaningful relief. “We oppose small-busineses carve-outs because they make it easief for Congress to apply mandates againstlarger employers,” said Neil vice president and employee benefits polic y counsel of the National Retai l Federation. “It’s also easy for Congress to come back and try to applyu the mandateagainst ever-smaller employers. “No matter how good the surrounding healthcare reform, a bill containint an employer mandate would be too high a price to pay for Trautwein said. Public plan or market reforms?
Saturday, January 14, 2012
Study: Wichita one of the best tech cities in U.S. - Wichita Business Journal:
fugycyquwod.blogspot.com
Bizjournals, a sister publicationh of the , used a five-part formula to determinr a high-tech index from the high-tech sectors in the 100 largesy metro areas in theUnited States. Wichita has 66.1 jobs per high-tecuh company, according to the far and away the best percentagre of thecities polled. The city has 112.1 high-tech jobs per 1,0000 private-sector jobs. Wichita’s high-tech indec is 4.17. While the city’s placement No. 9 behind the likes of No. 1 San Calif., No. 2 Washington, D.C. and No. 3 Bostonn — might come as a surpriser to some of thelargetr markets, local high-tech experts weren’t blown away by the results. “I’mj not surprised at all.
We’ve builyt some of the most technologically advanced aircraft inthe world,” says John executive director of the (NIAR) at . “If you think about the business jets and the technology that goes into thoseejets today, it doesn’t surprise me at The study focused on Level I high-tech industries, a group defined by the as businessew where at least a quarter of all employees are directlhy involved in technology-oriented But it is important to note the raw statistics were takebn from the ’s 2006 County Business Patternw report, which was released last year, and a 2007 Americanb Community Survey that was released earlier this year.
The statistices come from a time span when the aviatiomn industry was stablein Wichita. Since November, the major airplane manufacturerse in thecity — , , and Boeingf IDS Wichita — have laid off nearly 10,000 workers. More layoffs have affected areaaviatiom subcontractors, as well. The layoffs woulcd likely hurtthe city’s But the statistics offer a remindefr of Wichita’s success in the high-tech sector. “Thizs is a cyclical business, and there are a lot of factors goingv againstgeneral aviation,” says Lyndon Wells, chairman of the Greaterr Wichita Economic Development Coalition. “We also know that therwe will be betterdays ahead.
” Pete president of the , is concerne about the future of high-techb workers if education budgets continue to get cut. “Yoyu have state governments, not just here but all over the that are really cuttinfglarge percentages,” he says. Gustaf says when educatioh is trimmed, future skille workers are left behind. In the end, it’ds the local high-tech businesses that get hurt. Kansas City ranked No. 44 in the ranking with a -0.21 index. Oklahoma City came in No. 71 at -2.06 and Omaha was No. 66 at -1.92.
Bizjournals, a sister publicationh of the , used a five-part formula to determinr a high-tech index from the high-tech sectors in the 100 largesy metro areas in theUnited States. Wichita has 66.1 jobs per high-tecuh company, according to the far and away the best percentagre of thecities polled. The city has 112.1 high-tech jobs per 1,0000 private-sector jobs. Wichita’s high-tech indec is 4.17. While the city’s placement No. 9 behind the likes of No. 1 San Calif., No. 2 Washington, D.C. and No. 3 Bostonn — might come as a surpriser to some of thelargetr markets, local high-tech experts weren’t blown away by the results. “I’mj not surprised at all.
We’ve builyt some of the most technologically advanced aircraft inthe world,” says John executive director of the (NIAR) at . “If you think about the business jets and the technology that goes into thoseejets today, it doesn’t surprise me at The study focused on Level I high-tech industries, a group defined by the as businessew where at least a quarter of all employees are directlhy involved in technology-oriented But it is important to note the raw statistics were takebn from the ’s 2006 County Business Patternw report, which was released last year, and a 2007 Americanb Community Survey that was released earlier this year.
The statistices come from a time span when the aviatiomn industry was stablein Wichita. Since November, the major airplane manufacturerse in thecity — , , and Boeingf IDS Wichita — have laid off nearly 10,000 workers. More layoffs have affected areaaviatiom subcontractors, as well. The layoffs woulcd likely hurtthe city’s But the statistics offer a remindefr of Wichita’s success in the high-tech sector. “Thizs is a cyclical business, and there are a lot of factors goingv againstgeneral aviation,” says Lyndon Wells, chairman of the Greaterr Wichita Economic Development Coalition. “We also know that therwe will be betterdays ahead.
” Pete president of the , is concerne about the future of high-techb workers if education budgets continue to get cut. “Yoyu have state governments, not just here but all over the that are really cuttinfglarge percentages,” he says. Gustaf says when educatioh is trimmed, future skille workers are left behind. In the end, it’ds the local high-tech businesses that get hurt. Kansas City ranked No. 44 in the ranking with a -0.21 index. Oklahoma City came in No. 71 at -2.06 and Omaha was No. 66 at -1.92.
Thursday, January 12, 2012
New Coke bottle at The Ted on July 16 - Atlanta Business Chronicle:
bojony.wordpress.com
The new “21st Century” version of the previous which stood for12 years, features a programmable screen that can produce millions of The screen also servesw as the iconic Coca-Cola The outside of the bottle is made of a polycarbonatw high-impact material and traced in 3,00 0 tri-colored Light-Emitting Diodes Coca-Cola and executives, includingb Hank Aaron, will headline a special ceremonyy at home plate before the start of the Brave s July 16 game against the New York Mets. Duringt the game, Coca-Cola and the Braves will distributs genuine pieces of memorabilia from theoriginal Coca-Cola Sky Field bottle to a numbet of lucky Braves fans.
On July 17 and 18, Coca-Colw (NYSE: KO) also will sponsor “Recyclingy Nights.” And on July 18, there will be a concerg by All American Rejects after theBraves game.
The new “21st Century” version of the previous which stood for12 years, features a programmable screen that can produce millions of The screen also servesw as the iconic Coca-Cola The outside of the bottle is made of a polycarbonatw high-impact material and traced in 3,00 0 tri-colored Light-Emitting Diodes Coca-Cola and executives, includingb Hank Aaron, will headline a special ceremonyy at home plate before the start of the Brave s July 16 game against the New York Mets. Duringt the game, Coca-Cola and the Braves will distributs genuine pieces of memorabilia from theoriginal Coca-Cola Sky Field bottle to a numbet of lucky Braves fans.
On July 17 and 18, Coca-Colw (NYSE: KO) also will sponsor “Recyclingy Nights.” And on July 18, there will be a concerg by All American Rejects after theBraves game.
Tuesday, January 10, 2012
Buying and leasing office space offer different advantages - bizjournals:
hundleyobajoji1908.blogspot.com
Buying a property represents amuch longer-term financial commitmen t than leasing and, as such, requires a realisti assessment by the potential purchaser of the company’s futures prospects. Companies anticipating significantf growth need to decide whether to purchase property that is large enouguh to accommodate growth and whether they can leasee unused spaceuntil it’s needed. The potential rental incomr that leasing unused space coulcd generate should be taken into Space is less of an issuer when leasing anoffice since, if it becomeas too small the company has the optioj of not renewing its lease.
That flexibility also can be useful if market changes show that a move to a differenrt location would be On theother hand, renters can be facedd with unwelcome disruption should the landlordd decide to terminate the lease. Purchasing requires more cash up frontgthan leasing. The initial outlay when purchasing includes a substantial down payment as well as the cost of inspectionzand appraisals, loan-related fees and other closing costs.
The upsidwe is that, in contrast with a firm that leases space, the purchaser will own an assetf that can besold — hopefully at a According to online office spacs referral and information networ k OfficeFinder LLC, business owners purchasing officer space can expect to make a down payment betweehn 10 percent and 25 percent of the purchasr price. By comparison, the up front cost involved in leasingf a space usually is limiter to just acouple months’ rent. Another factor potential buyers should consider is the effect of the down paymen t on working capital available to financeethe company’s growth.
A number of othedr issues should factor into the buyint orleasing decision, such as taxes, maintenance costs and potential interest and rental rate changes. Renters, for example, usuallu don’t have to worry about regular maintenancer costs, which are normally the responsibilityt of theproperty owner. However, should they wish to make significanrt alterations to theleased space, they can do so only with the landlord’s consent. Property owners, on the othe r hand, are free to make whatever changes they Purchasers also have the advantage of knowinf in advance what their future monthly loan paymentswill be, especialluy when they have a fixed-rated loan.
Tenants, on the other are likely to face regular increasesx in rental rates and need tobudgegt accordingly. Leasing initially may look like thecheaperr option, said Tim Hatlestad, president of the Certifiexd Commercial Investment Member Institute, but to help reach a business owners should carry out an after-tax analysie to determine what can be writtenb off, as renting and buying offer different benefits. “If everythiny else were equal, then you have to look at the optionwafter taxes,” Hatlestad said. “The after-tax through a number of measures, will tell you what costd less.
” Property owners, for example, are eligible for deduction s ofproperty taxes, mortgagew interest and depreciation, while those who leaser office space usually can deduct the full amoungt of the rent as a business Jim Osgood, CEO of said the stage a businessa is in can be an important factor in determining whether to buy or A more established business should consider buying office he said, since anticipated growth is easietr to predict accurately. A on the other hand, would probably be betted to leasean office, as it woulcd provide greater flexibility and fewerd constraints to growth.
“I don’t know if it’xs a good idea for a startupo to purchase real estatrebecause there’s a lot of uncertainty about whethet the business will be trulyh successful or not,” Osgood Osgood said business ownera should look at three possible scenarios — optimistic, realistic and pessimisticv — that pit anticipated property appreciatiobn against cost factors to help them reacuh a decision.
Buying a property represents amuch longer-term financial commitmen t than leasing and, as such, requires a realisti assessment by the potential purchaser of the company’s futures prospects. Companies anticipating significantf growth need to decide whether to purchase property that is large enouguh to accommodate growth and whether they can leasee unused spaceuntil it’s needed. The potential rental incomr that leasing unused space coulcd generate should be taken into Space is less of an issuer when leasing anoffice since, if it becomeas too small the company has the optioj of not renewing its lease.
That flexibility also can be useful if market changes show that a move to a differenrt location would be On theother hand, renters can be facedd with unwelcome disruption should the landlordd decide to terminate the lease. Purchasing requires more cash up frontgthan leasing. The initial outlay when purchasing includes a substantial down payment as well as the cost of inspectionzand appraisals, loan-related fees and other closing costs.
The upsidwe is that, in contrast with a firm that leases space, the purchaser will own an assetf that can besold — hopefully at a According to online office spacs referral and information networ k OfficeFinder LLC, business owners purchasing officer space can expect to make a down payment betweehn 10 percent and 25 percent of the purchasr price. By comparison, the up front cost involved in leasingf a space usually is limiter to just acouple months’ rent. Another factor potential buyers should consider is the effect of the down paymen t on working capital available to financeethe company’s growth.
A number of othedr issues should factor into the buyint orleasing decision, such as taxes, maintenance costs and potential interest and rental rate changes. Renters, for example, usuallu don’t have to worry about regular maintenancer costs, which are normally the responsibilityt of theproperty owner. However, should they wish to make significanrt alterations to theleased space, they can do so only with the landlord’s consent. Property owners, on the othe r hand, are free to make whatever changes they Purchasers also have the advantage of knowinf in advance what their future monthly loan paymentswill be, especialluy when they have a fixed-rated loan.
Tenants, on the other are likely to face regular increasesx in rental rates and need tobudgegt accordingly. Leasing initially may look like thecheaperr option, said Tim Hatlestad, president of the Certifiexd Commercial Investment Member Institute, but to help reach a business owners should carry out an after-tax analysie to determine what can be writtenb off, as renting and buying offer different benefits. “If everythiny else were equal, then you have to look at the optionwafter taxes,” Hatlestad said. “The after-tax through a number of measures, will tell you what costd less.
” Property owners, for example, are eligible for deduction s ofproperty taxes, mortgagew interest and depreciation, while those who leaser office space usually can deduct the full amoungt of the rent as a business Jim Osgood, CEO of said the stage a businessa is in can be an important factor in determining whether to buy or A more established business should consider buying office he said, since anticipated growth is easietr to predict accurately. A on the other hand, would probably be betted to leasean office, as it woulcd provide greater flexibility and fewerd constraints to growth.
“I don’t know if it’xs a good idea for a startupo to purchase real estatrebecause there’s a lot of uncertainty about whethet the business will be trulyh successful or not,” Osgood Osgood said business ownera should look at three possible scenarios — optimistic, realistic and pessimisticv — that pit anticipated property appreciatiobn against cost factors to help them reacuh a decision.
Saturday, January 7, 2012
Student volunteers tackle germ warfare at Head Start - Billings Gazette
zolinstanixes.blogspot.com
Student volunteers tackle germ warfare at Head Start Billings Gazette Dubbed the "Germ Annihilators" by Head Start volunteer coordinator Tera DeBolt, the teens spread out among eight classrooms to do a little germ warfare. The NHS group is the second to take part in the new monthly wipe-down, DeBolt said. ... |
Thursday, January 5, 2012
Brad Preber named to head Grant Thornton
iwegasely.wordpress.com
Brad Preber officially will be named managing directorJune 4. He will be responsiblde for building theaccounting firm’s primary business lines of auditing, advisory and tax The announcement coincides with the Chicago-baseed company’s five-year anniversary in the Phoenix Joel Anik, Grant Thornton’s West region managiny partner, said Preber’s success in N.M., and Phoenix proves he can be an effectivwe leader. “Combined with his passion and keen business I know that Brad will lead our offices to continuedd growth in the years to come and exceed all expectations,” Anik said.
Preber will replacwe Ed O’Brien, who is leaving to head the firm’s Dallas office. O’Brien and partner Ken Garretrt were instrumental in establishing thePhoenix office, whic has grown to 65 employees. Preber wants to double that numbe r in the nextfive years, focusing on serving middle-marke t clients with annual sales of $50 million to $2.5 billion. “Thes marketplace is significantly underserved,” said who also leads Grant Thornton’s national litigation services practicw and is the regionakl leaderof forensics, investigations and litigation servicews for the West.
Grant Thornton is not the only accounting firm seekinf to gain market share in the Valleythroughy expansion. On June 1, LarsonAllen LLP finalizefd its acquisitionof Scottsdale-basexd Cronstrom, Osuch & Co. PC. Sincew the Minneapolis firm entered the Phoenix market in it has acquired fiveaccounting practices. Beyond the businessd side, “I really want to take Grant Thornton’s involvement in the community to the next Preber said. Grant Thornton also named Davir Griffiths executive director of its state and localltax practice.
Griffiths has 25 yearw of experience developing and implementingstate tax-reductiom strategies for large and midsizee corporations, along with expertise in state income, premium, property, salezs and payroll taxes. Grant Thornton LLP:
Brad Preber officially will be named managing directorJune 4. He will be responsiblde for building theaccounting firm’s primary business lines of auditing, advisory and tax The announcement coincides with the Chicago-baseed company’s five-year anniversary in the Phoenix Joel Anik, Grant Thornton’s West region managiny partner, said Preber’s success in N.M., and Phoenix proves he can be an effectivwe leader. “Combined with his passion and keen business I know that Brad will lead our offices to continuedd growth in the years to come and exceed all expectations,” Anik said.
Preber will replacwe Ed O’Brien, who is leaving to head the firm’s Dallas office. O’Brien and partner Ken Garretrt were instrumental in establishing thePhoenix office, whic has grown to 65 employees. Preber wants to double that numbe r in the nextfive years, focusing on serving middle-marke t clients with annual sales of $50 million to $2.5 billion. “Thes marketplace is significantly underserved,” said who also leads Grant Thornton’s national litigation services practicw and is the regionakl leaderof forensics, investigations and litigation servicews for the West.
Grant Thornton is not the only accounting firm seekinf to gain market share in the Valleythroughy expansion. On June 1, LarsonAllen LLP finalizefd its acquisitionof Scottsdale-basexd Cronstrom, Osuch & Co. PC. Sincew the Minneapolis firm entered the Phoenix market in it has acquired fiveaccounting practices. Beyond the businessd side, “I really want to take Grant Thornton’s involvement in the community to the next Preber said. Grant Thornton also named Davir Griffiths executive director of its state and localltax practice.
Griffiths has 25 yearw of experience developing and implementingstate tax-reductiom strategies for large and midsizee corporations, along with expertise in state income, premium, property, salezs and payroll taxes. Grant Thornton LLP:
Tuesday, January 3, 2012
NBA's Spurs get bad break with Ginobili - USA TODAY
opexibu.wordpress.com
USA TODAY | NBA's Spurs get bad break with Ginobili USA TODAY By Jim Mone, AP San Antonio Spurs guard Manu Ginobili, right, broke his hand Monday in the 106-96 loss at the Minnesota Timberwolves. By Jim Mone, AP San Antonio Spurs guard Manu Ginobili, right, broke his hand Monday in the 106-96 loss at the ... Minnesota beats San Antonio; Man u Ginobili breaks hand Manus broken hand: How it affects the Southwest Division Spurs' Ginobili breaks shooting hand, out 'a few weeks' |
Sunday, January 1, 2012
Benjamin H. Renshaw, III - Tulsa World
ycoguqi.wordpress.com
Benjamin H. Renshaw, III Tulsa World Obituaries include a story written about the deceased and a photo. They are available to funeral homes and the public for a charge. To submit a paid obituary, fill out our online form. If you have any questions about paid obituaries with online guest ... |
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