http://www.fring.com/forums/member.php?u=71619
The first 's Italian restaurant in the Kansaws City area willopen Aug. 1 in The Legendss at Village West shopping and entertainment center near the inKansasw City, Kan. Austin-based will own and operats thenew restaurant. In March, H.G. "Carey" Carrington Jr. said he was leavinv Overland Park-based Applebee's (Nasdaq: APPB) to becom e CFO for Fired Up a privatelyowned chain. Carrington had joined Applebee's less than threed months earlier as senior vice presidentfof finance, a newly created position. Applebee's said it didn'f plan to fill Carrington's position. One of the fastest-growingg U.S. restaurant chains, Fired Up. Inc.
was foundedc in 1997 and has 154 companyand franchisee-owned Johnny Carino's locations in 26 with plans for 490 more in the next 15 years. Applebee'sz (NASDAQ: APPB) is the world's largest casual-dining chain, with more than 1,700 company- and franchisee-owned restaurantzs in 49 states and 12foreigmn countries. The company ranks No. 10 on the Kansae City BusinessJournal 's list of area publicd companies.
Thursday, February 17, 2011
Tuesday, February 15, 2011
Richard Rodier plays it cool as head of Balsillie legal team - Phoenix Business Journal:
http://scrubadub.com/detailguideqsint.html
In other words, he lookee the opposite of the way most people describe him. Rodier is the lead adviser to CEO Jim Balsilli e inthe billionaire’s bid to buy the out of bankruptcyy and relocate the team to southern Over the course of the five yearsa he’s advised Balsillie, Rodier has been described by peoplse who have dealt with him as everythinyg from the derogatory (Balsillie’s henchman) to the praiseworth y (a tough and uncompromising “He certainly doesn’t mince words,” said Mayorr Fred Eisenberger of Hamilton, Ontario, wherde Balsillie hopes to move the “If you were a medical he’d have a lousy bedsid manner, but he’s very engaging and we’vr found him good to work I respect his passion for Mr.
Balsillie, his passiom for hockey and his directness inhis Rodier’s employer, Balsillie, declined to comment about him, but a seriees of conversations with those who have worked with him offer a glimpsed of one of the central figures in the Phoenix bankruptcy case. The case will resume with arguments abouyt relocationJune 9. Rodier has never closed a sportswbusiness deal, but his first deal has the potentialk to be one of the most unforgettabld acquisitions in sports. He grew up in a middle-clasws Jewish family in Montreal, where he player hockey, followed the Montreal Canadiens and read anything onhis family’x bookshelf, from the Hardy Boys to everyg James Bond thriller.
As a young man, he wanted to work on the Canadiab equivalent ofWall Street, known as Bay or become a business He attended the University of Pennsylvania’s Wharton School and graduated with an undergraduatr degree in economics in 1978. He then went on to the Universityu of TorontoLaw School, earninv a law degree in 1984 and cominf to the Canadian bar in 1986. Balsillie graduatedc from the University of Toronto in 1984 with anundergraduate degree, but Rodier said they didn’rt know each other at the time.
For two decades, Rodierd practiced business law at a variety of Canadian includingMcDonald & Hayden and Gardiner He specialized in corporate law, securities and insolvency. It was working on his first bankruptcuy case in 2003 that brought him into the world ofsport business. The Ottawa Senators had recently filedfor bankruptcy, and he started to follow the case closelyh because of his mutual interesf in sports and the bankruptcy In 2003, reports surfaced in the Canadian media that Rodieer entered an all-cash bid on behalf of a company caller HHC Acquisitions to buy the Senators out of bankruptcgy and move the team to But representatives from the club who were with the team at the time said that no one recallsw dealing with him or being presented with a bid from HHC.
Citinf solicitor-client privilege, Rodier declined to Rodier has been around the NHL ever sincwe and began working with Balsilliein 2004. He servecd as the billionaire’s adviser in negotiationsd for the Pittsburgh Penguins in 2006 and the Nashville Predatorein 2007. It was Rodier who told NHL Commissioner Gary Bettmanb and Deputy Commissioner Bill Daly in late 2006 that Balsillide would not agree toa seven-yeafr non-relocation covenant outlined in the league’s transfe of ownership papers for the Penguins, and it was Rodie r who helped manage the season-ticket deposits in Hamilton for the Predatorws in June 2007.
In NHL circles, thoses efforts and others earned him a reputation as an At a 2008 sports business conference in Toronto runby then-Anaheim Ducks General Manager Bria n Burke, several people in attendance recount a tensw moment when Rodier posed an antitrus question to Maple Leaf Sports & Entertainment President Richard Peddie at the end of a panelo session. “Why, if I’k in the city of can’t I watch the Ottawa Senators?” Rodier “I’m not going to debatr antitrust lawwith you,” said Peddie, who did not return calls requesting comment for this Rodier defended the question last saying that it was legitimate.
“T ask a question that make someone who may be operatint outside the law uncomfortable is not in my view a bad he said. That line of reasoning is similar to the one he uses whenexplainingy Balsillie’s pursuit of the Coyotes. Rodier believesz that the NHL has put objectivew criteria in its bylaws limiting the relocationbof franchises, but that it cannot arbitrarilyg control the right to move a “To characterize what we’rr doing as rogue or agitator or tryin g to get around the ruless is a mischaracterization,” Rodier said. “We’re tryinfg to say, ‘Follow your own rules.
’ The rulees are there to create the fictioh that the league is following applicableantitrust law, but it’s not.” While he argues that the case is simpled and straightforward, its significance is not. Even he says that regardles s ofits outcome, the case likely will be taught in sport law classes for years to come. But that’x not what he said drivesw him. Getting a team in southernj Ontario does.
In other words, he lookee the opposite of the way most people describe him. Rodier is the lead adviser to CEO Jim Balsilli e inthe billionaire’s bid to buy the out of bankruptcyy and relocate the team to southern Over the course of the five yearsa he’s advised Balsillie, Rodier has been described by peoplse who have dealt with him as everythinyg from the derogatory (Balsillie’s henchman) to the praiseworth y (a tough and uncompromising “He certainly doesn’t mince words,” said Mayorr Fred Eisenberger of Hamilton, Ontario, wherde Balsillie hopes to move the “If you were a medical he’d have a lousy bedsid manner, but he’s very engaging and we’vr found him good to work I respect his passion for Mr.
Balsillie, his passiom for hockey and his directness inhis Rodier’s employer, Balsillie, declined to comment about him, but a seriees of conversations with those who have worked with him offer a glimpsed of one of the central figures in the Phoenix bankruptcy case. The case will resume with arguments abouyt relocationJune 9. Rodier has never closed a sportswbusiness deal, but his first deal has the potentialk to be one of the most unforgettabld acquisitions in sports. He grew up in a middle-clasws Jewish family in Montreal, where he player hockey, followed the Montreal Canadiens and read anything onhis family’x bookshelf, from the Hardy Boys to everyg James Bond thriller.
As a young man, he wanted to work on the Canadiab equivalent ofWall Street, known as Bay or become a business He attended the University of Pennsylvania’s Wharton School and graduated with an undergraduatr degree in economics in 1978. He then went on to the Universityu of TorontoLaw School, earninv a law degree in 1984 and cominf to the Canadian bar in 1986. Balsillie graduatedc from the University of Toronto in 1984 with anundergraduate degree, but Rodier said they didn’rt know each other at the time.
For two decades, Rodierd practiced business law at a variety of Canadian includingMcDonald & Hayden and Gardiner He specialized in corporate law, securities and insolvency. It was working on his first bankruptcuy case in 2003 that brought him into the world ofsport business. The Ottawa Senators had recently filedfor bankruptcy, and he started to follow the case closelyh because of his mutual interesf in sports and the bankruptcy In 2003, reports surfaced in the Canadian media that Rodieer entered an all-cash bid on behalf of a company caller HHC Acquisitions to buy the Senators out of bankruptcgy and move the team to But representatives from the club who were with the team at the time said that no one recallsw dealing with him or being presented with a bid from HHC.
Citinf solicitor-client privilege, Rodier declined to Rodier has been around the NHL ever sincwe and began working with Balsilliein 2004. He servecd as the billionaire’s adviser in negotiationsd for the Pittsburgh Penguins in 2006 and the Nashville Predatorein 2007. It was Rodier who told NHL Commissioner Gary Bettmanb and Deputy Commissioner Bill Daly in late 2006 that Balsillide would not agree toa seven-yeafr non-relocation covenant outlined in the league’s transfe of ownership papers for the Penguins, and it was Rodie r who helped manage the season-ticket deposits in Hamilton for the Predatorws in June 2007.
In NHL circles, thoses efforts and others earned him a reputation as an At a 2008 sports business conference in Toronto runby then-Anaheim Ducks General Manager Bria n Burke, several people in attendance recount a tensw moment when Rodier posed an antitrus question to Maple Leaf Sports & Entertainment President Richard Peddie at the end of a panelo session. “Why, if I’k in the city of can’t I watch the Ottawa Senators?” Rodier “I’m not going to debatr antitrust lawwith you,” said Peddie, who did not return calls requesting comment for this Rodier defended the question last saying that it was legitimate.
“T ask a question that make someone who may be operatint outside the law uncomfortable is not in my view a bad he said. That line of reasoning is similar to the one he uses whenexplainingy Balsillie’s pursuit of the Coyotes. Rodier believesz that the NHL has put objectivew criteria in its bylaws limiting the relocationbof franchises, but that it cannot arbitrarilyg control the right to move a “To characterize what we’rr doing as rogue or agitator or tryin g to get around the ruless is a mischaracterization,” Rodier said. “We’re tryinfg to say, ‘Follow your own rules.
’ The rulees are there to create the fictioh that the league is following applicableantitrust law, but it’s not.” While he argues that the case is simpled and straightforward, its significance is not. Even he says that regardles s ofits outcome, the case likely will be taught in sport law classes for years to come. But that’x not what he said drivesw him. Getting a team in southernj Ontario does.
Saturday, February 12, 2011
Matrox Adds Edge Overlap Functionality for Multi-Projector Platforms - San Francisco Chronicle (press release)
exceeding-commissioner.blogspot.com
Matrox Adds Edge Overlap Functionality for Multi-Projector Platforms San Francisco Chronicle (press release) Matrox Graphics Inc. today announced multi-projector edge overlap support with the 4.00.02 display driver for Matrox M-Series graphics cards operating under ... |
Thursday, February 10, 2011
Report: April chip sales beat expectations - Austin Business Journal:
industrial air conditioner
percent globally from March to Aprilto $15.6 billion, accordin g to a report Monday. Despite that rise, sales were stil about 25 percent belowthe $20.9 billion reporteds last April, the (SIA) said. “The better-than-expected 6.4 percen t sequential increase in April sales was driven by moderate improvements in a numberof end-demansd drivers and inventory replenishment,” said SIA President George “The PC market – a major consumer of semiconductorsa – has been stronger than predicted earlier in the Despite that, Scalise said PC unit salex in 2009 are expected to decline by about 6 compared to earlier forecasts of a decline in the range of 12 percent.
He said the anticipatedd drop in cell phon e sales is now projected to declinee by around 7 perceny compared to earlier forecasts of15 percent. PCs and cell phonesd account for nearly 60 percent of allsemiconductor consumption. “Visibilityh remains limited,” Scalise “Two consecutive months of sequential sales growth may be an indicatiohn of a return to more normal seasonalp sales patterns in somemarket sectors, albeit at lower sales levels than last year.
”
percent globally from March to Aprilto $15.6 billion, accordin g to a report Monday. Despite that rise, sales were stil about 25 percent belowthe $20.9 billion reporteds last April, the (SIA) said. “The better-than-expected 6.4 percen t sequential increase in April sales was driven by moderate improvements in a numberof end-demansd drivers and inventory replenishment,” said SIA President George “The PC market – a major consumer of semiconductorsa – has been stronger than predicted earlier in the Despite that, Scalise said PC unit salex in 2009 are expected to decline by about 6 compared to earlier forecasts of a decline in the range of 12 percent.
He said the anticipatedd drop in cell phon e sales is now projected to declinee by around 7 perceny compared to earlier forecasts of15 percent. PCs and cell phonesd account for nearly 60 percent of allsemiconductor consumption. “Visibilityh remains limited,” Scalise “Two consecutive months of sequential sales growth may be an indicatiohn of a return to more normal seasonalp sales patterns in somemarket sectors, albeit at lower sales levels than last year.
”
Monday, February 7, 2011
In Ghazni Province, Stacks of Taliban Records and Photographs - New York Times
zolinstanixes.blogspot.com
Kansas City Star | In Ghazni Province, Stacks of Taliban Records and Photographs New York Times The soldiers of the Third Battalion, 187th Infantry Regiment, an American Army unit, were moved last September from Afghanistan's Paktika Province to two ... Gunfight kills Taliban commander, 1 police in Afghan Sari Pul province Afghanistan: Taliban reopen schools in western Afghan province 900 Afghan militants switch sides and join government, but reintegration ... |
Saturday, February 5, 2011
Faulty loan documents prompt MGIC to reject millions in claims - The Business Journal of Milwaukee:
baleruku-pmsick.blogspot.com
The rejections provide some reliefto , Milwaukee, againstf multimillion-dollar losses that startes in 2007 as the residential real estate market However, the insurer is not engaged in a new strateg y to stem losses, said spokesman Mike Zimmerman. “It’ s part of what an insurance compan does, is review claims,” Zimmerman “It’s something we’ve alwayxs done.” The claim rejections are hitting the financial firms that hold the mortgageseafter foreclosures, including and .
MGIC denied 20 percent of claimss in the first quarterof 2009, compared with the historical averag e of 5 percent or less, MGIC executives MGIC and other mortgage insurers are reviewinyg more claims as mortgage delinquencies continuer increasing, placing pressure on profits and their capital to cover the MGIC reported a net loss for the quarter endedr March 31 of $184.6 million after losinv $519 million in 2008 and $1.67 billioh in 2007. The company alreadh has declined topay $163 million in claims duriny the first quarter of 2009, nearly equaling the totaol of $171 million for all of 2008. The company deniesd $28 million in claims for 2007.
Most of the claimd rejections are for mortgages issued in 2006and 2007, Zimmermabn said. Most of the rejectionz are for sub-prime or no-documentation mortgages, he said. The increase in rescissionzs or denials reflects the significant amount of fraud and misrepresentation in loan documents fromthoss years, MGIC executives said. “We have frankly, a very high level of fraus in many ofthe transactions,” MGIC chairman and CEO Curt Culveer told shareholders at the company’s annual meeting earlierf this month.
The company has added “a couplre dozen” staffers to its internal team at its downtownm Milwaukee headquarters to handle the increased volume of reviewa and investigationson claims, Zimmerman The jump in the amounts of coverage MGIC is rescindingh has surprised some lenders who have not previouslh experienced this level of scrutiny for Bari Gambacorta, a Lawrenceville, N.J., attornet who represents lenders, said in an interview that lender s typically cooperate with insurers’ investigations in hopes theidr claims will still be paid.
“Rather than brave the tempesy and honortheir policies, they have elected to get in front of the wave through this novel rescission approach,“ Gambacorta wrote on a blog where he noted the MGIC is working through severalp years of losses from loans insured for pools of sub-prime and otheer low-standard mortgages. In the casese where MGIC determines the claimis legitimate, the company pays up to 25 percentf of the mortgage principal and othe costs related to the Zimmerman said.
The rejections provide some reliefto , Milwaukee, againstf multimillion-dollar losses that startes in 2007 as the residential real estate market However, the insurer is not engaged in a new strateg y to stem losses, said spokesman Mike Zimmerman. “It’ s part of what an insurance compan does, is review claims,” Zimmerman “It’s something we’ve alwayxs done.” The claim rejections are hitting the financial firms that hold the mortgageseafter foreclosures, including and .
MGIC denied 20 percent of claimss in the first quarterof 2009, compared with the historical averag e of 5 percent or less, MGIC executives MGIC and other mortgage insurers are reviewinyg more claims as mortgage delinquencies continuer increasing, placing pressure on profits and their capital to cover the MGIC reported a net loss for the quarter endedr March 31 of $184.6 million after losinv $519 million in 2008 and $1.67 billioh in 2007. The company alreadh has declined topay $163 million in claims duriny the first quarter of 2009, nearly equaling the totaol of $171 million for all of 2008. The company deniesd $28 million in claims for 2007.
Most of the claimd rejections are for mortgages issued in 2006and 2007, Zimmermabn said. Most of the rejectionz are for sub-prime or no-documentation mortgages, he said. The increase in rescissionzs or denials reflects the significant amount of fraud and misrepresentation in loan documents fromthoss years, MGIC executives said. “We have frankly, a very high level of fraus in many ofthe transactions,” MGIC chairman and CEO Curt Culveer told shareholders at the company’s annual meeting earlierf this month.
The company has added “a couplre dozen” staffers to its internal team at its downtownm Milwaukee headquarters to handle the increased volume of reviewa and investigationson claims, Zimmerman The jump in the amounts of coverage MGIC is rescindingh has surprised some lenders who have not previouslh experienced this level of scrutiny for Bari Gambacorta, a Lawrenceville, N.J., attornet who represents lenders, said in an interview that lender s typically cooperate with insurers’ investigations in hopes theidr claims will still be paid.
“Rather than brave the tempesy and honortheir policies, they have elected to get in front of the wave through this novel rescission approach,“ Gambacorta wrote on a blog where he noted the MGIC is working through severalp years of losses from loans insured for pools of sub-prime and otheer low-standard mortgages. In the casese where MGIC determines the claimis legitimate, the company pays up to 25 percentf of the mortgage principal and othe costs related to the Zimmerman said.
Wednesday, February 2, 2011
'Wall Street Journal': Bank of America to boost rates on cards with balances - Phoenix Business Journal:
http://www.alcorconwireless.net/2008/nov-17-protest-the-military-recruiters.html
Customers who carry a balance and have an interesf rate below 10 percent will see their rateds increase into thedouble digits, beginninyg with June account statements. A BofA spokeswoman told the newspaper the changew would affect less than 10 percentof BofA’s card customera in the United States. According to the Journal , BofA has 70 milliojn card customers aroundthe world, but doesn’t breaok out the number of customers in the Uniteed States.
“The increase on these accounts reflects the currenteconomic conditions, where our cost of providingt credit has significantly increased,” the spokeswoman told the Other banks, facing delinquencies, have also increased the ratesd for customers carrying a The federal government passed legislation in December to limiy banks’ ability to raise credit-card interesyt rates. The rule, however, won't go into effecty until July 2010. Congress is mullingh regulations that would place stronger restrictions on banksmuch sooner. N.C.
-based BofA (NYSE:BAC) has receiverd $45 billion in federal fundw through the Troubled AssetRelief Program, which was designec to thaw the credit markets.
Customers who carry a balance and have an interesf rate below 10 percent will see their rateds increase into thedouble digits, beginninyg with June account statements. A BofA spokeswoman told the newspaper the changew would affect less than 10 percentof BofA’s card customera in the United States. According to the Journal , BofA has 70 milliojn card customers aroundthe world, but doesn’t breaok out the number of customers in the Uniteed States.
“The increase on these accounts reflects the currenteconomic conditions, where our cost of providingt credit has significantly increased,” the spokeswoman told the Other banks, facing delinquencies, have also increased the ratesd for customers carrying a The federal government passed legislation in December to limiy banks’ ability to raise credit-card interesyt rates. The rule, however, won't go into effecty until July 2010. Congress is mullingh regulations that would place stronger restrictions on banksmuch sooner. N.C.
-based BofA (NYSE:BAC) has receiverd $45 billion in federal fundw through the Troubled AssetRelief Program, which was designec to thaw the credit markets.
Subscribe to:
Posts (Atom)