Nixon sticks with the familiar in his choice for economic development chief St. Louis Beacon (blog) By Jo Mannies, Beacon political reporter As he heads into his re-election bid, Gov. Jay Nixon has tapped a known quantity -- Jason Hall, executive director of the Missouri Technology Corporation -- to serve as the new director of the Missouri ... |
Friday, December 30, 2011
Nixon sticks with the familiar in his choice for economic development chief - St. Louis Beacon (blog)
fugycyquwod.blogspot.com
Wednesday, December 28, 2011
Some executives to nix vacations this summer - Puget Sound Business Journal (Seattle):
ekaterinaiuvo.blogspot.com
Nearly one in three (31 percent) chierf financial officers interviewed will be taking less vacation days or avoidinb vacations altogether this summer to hunker down and steefr their firms through the economic The respondent poolincluded 1,400 CFOs from a stratified randokm sample of U.S. companies with 20 or more Still, 68 percent of CFOs said the economy has not forced them to delaty trips or cut down on the amount of vacation time they plan to clocokthis year. While CFOs are makint sacrifices to bettertheir companies, their teamsa still should be encouraged to take time off, note Paul McDonald, executive director of Robert Half Management Resources.
“ company’s hardest-working employees are oftejn the ones that delay vacations duringbbusy periods, reflecting their commitment to the organizatiom and also their concern about playingf ‘catch up’ when they return,” he
Nearly one in three (31 percent) chierf financial officers interviewed will be taking less vacation days or avoidinb vacations altogether this summer to hunker down and steefr their firms through the economic The respondent poolincluded 1,400 CFOs from a stratified randokm sample of U.S. companies with 20 or more Still, 68 percent of CFOs said the economy has not forced them to delaty trips or cut down on the amount of vacation time they plan to clocokthis year. While CFOs are makint sacrifices to bettertheir companies, their teamsa still should be encouraged to take time off, note Paul McDonald, executive director of Robert Half Management Resources.
“ company’s hardest-working employees are oftejn the ones that delay vacations duringbbusy periods, reflecting their commitment to the organizatiom and also their concern about playingf ‘catch up’ when they return,” he
Monday, December 26, 2011
National City Mortgage faces possible cuts - Dayton Business Journal:
zemlyanikiyri.blogspot.com
Spokesman Pat McMahon said PNC PNC) is committed to National City Mortgage and the Dayton but as a result of the it is looking toeliminate 5,8090 positions throughout its geographic presence. PNC now has 2,500 Dayton-area employees at both its bankint andmortgage operations, but McMahon woulds not say how many locapl workers would be cut. “We have a significant presence inMiami Township, but we have said all alont there would be job impact as a part of the mergee companies,” McMahon said. He said PNC is not breakinvg out staff reductions by geographif location orbusiness unit, but it will provide informationj on “expense reductions” in its quarterlyg updates.
PNC has a goal of reducing expensesby $1.2 part of which will come through a reduction in McMahon said it is too early to say what the net outcomde will be in Miami Township, but the company’ s long-term strategy is to grow the companu and add jobs. “We have a meaningful presence in theDayto area. It’s an important market and we want to beaggressivee there,” McMahon said. As a part of the National City branch locations in the Daytonb area are scheduled to beginbeing re-branded as PNC branchew in the first half of 2010.
Spokesman Pat McMahon said PNC PNC) is committed to National City Mortgage and the Dayton but as a result of the it is looking toeliminate 5,8090 positions throughout its geographic presence. PNC now has 2,500 Dayton-area employees at both its bankint andmortgage operations, but McMahon woulds not say how many locapl workers would be cut. “We have a significant presence inMiami Township, but we have said all alont there would be job impact as a part of the mergee companies,” McMahon said. He said PNC is not breakinvg out staff reductions by geographif location orbusiness unit, but it will provide informationj on “expense reductions” in its quarterlyg updates.
PNC has a goal of reducing expensesby $1.2 part of which will come through a reduction in McMahon said it is too early to say what the net outcomde will be in Miami Township, but the company’ s long-term strategy is to grow the companu and add jobs. “We have a meaningful presence in theDayto area. It’s an important market and we want to beaggressivee there,” McMahon said. As a part of the National City branch locations in the Daytonb area are scheduled to beginbeing re-branded as PNC branchew in the first half of 2010.
Saturday, December 24, 2011
Cheryl Cole beats Rihanna and Kate Middleton in hair of the year poll - Metro
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Metro | Cheryl Cole beats Rihanna and Kate Middleton in hair of the year poll Metro Cheryl Cole has been voted Hair Icon of 2011 in a new survey, fighting off competition from the likes of Rihanna and the Duchess of Cambridge. The 28-year-old also beat actress Kate Winslet and pop star Beyonce in the poll of 5000 women, as having the ... Cheryl Cole: I can cook a full Christmas dinner Cheryl Cole Shoe Fail, Epic! Cheryl Cole, Rihanna, Mark Wright and Tulisa: 2011 Celebrity Face-Off |
Thursday, December 22, 2011
Palm Beach County clerk cuts 66 employees - Washington Business Journal:
xagawu.wordpress.com
million, or 18 percent, reduction in the office’ws budget by July 1, countyh clerk Sharon Bock said in anews release. The cuts are expectede to “significantly impact service levels atthe Clerk’s seve Palm Beach County locations,” she noted in the The required staff cuts leave the office with fewere people to pursue and collect millions of dollars in unpai traffic and court which will lead to more budget cuts. “It’zs a vicious cycle designed to underfund us into she said.
Thirty-two employees accepted a buyouy offer this month and will leave June 30 with a full payour on theirsick leave, rather than the normak 25 percent to 50 percenyt offered under current termination policies. On May 29, an additiomn 34 employees were told during staff meetingw that they were beinglaid off, effective June 12. They will receive four weeks of pay. With thess layoffs and the positions previously the office has cut 101positions -- 16 perceny of management positions and 12 percent of hourly positions -- in the past The Clerk & Comptroller’s which employs more than 800 in offices throughoutf Palm Beach County, handles the businese arm of the court system.
Employees receive, file and retrieved court documents, process fees and traffic fines, and entetr and maintain case information inthe court’s compute r system.
million, or 18 percent, reduction in the office’ws budget by July 1, countyh clerk Sharon Bock said in anews release. The cuts are expectede to “significantly impact service levels atthe Clerk’s seve Palm Beach County locations,” she noted in the The required staff cuts leave the office with fewere people to pursue and collect millions of dollars in unpai traffic and court which will lead to more budget cuts. “It’zs a vicious cycle designed to underfund us into she said.
Thirty-two employees accepted a buyouy offer this month and will leave June 30 with a full payour on theirsick leave, rather than the normak 25 percent to 50 percenyt offered under current termination policies. On May 29, an additiomn 34 employees were told during staff meetingw that they were beinglaid off, effective June 12. They will receive four weeks of pay. With thess layoffs and the positions previously the office has cut 101positions -- 16 perceny of management positions and 12 percent of hourly positions -- in the past The Clerk & Comptroller’s which employs more than 800 in offices throughoutf Palm Beach County, handles the businese arm of the court system.
Employees receive, file and retrieved court documents, process fees and traffic fines, and entetr and maintain case information inthe court’s compute r system.
Tuesday, December 20, 2011
Business First of Buffalo: Buffalo Commercial Real Estate Listings - View Commercial Real Estate
oryzacody.wordpress.com
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Saturday, December 17, 2011
Review: 'A Dangerous Method' Stimulates Comically and Thoughtfully, Not So ... - Film School Rejects
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Film School Rejects | Review: 'A Dangerous Method' Stimulates Comically and Thoughtfully, Not So ... Film School Rejects For myself, the exchanges between a convincingly conflicted Fassbender and a surprisingly hilarious Mortenson, are funny, intellectually stimulating, and, yes, cinematic. Having actors like Mortenson, Fassbender, a suitably over-the-top Keir a Knightley ... |
Thursday, December 15, 2011
FedEx readying for move into new PTI facility - The Business Journal of the Greater Triad Area:
moffaiqohegesa1490.blogspot.com
That ramp operation will continue to do the loca sorting from more than 60 FedEx flightdsper week, using about 160 employees. That work has been goingg on atthe company’s existing facility at , locatesd about 1,000 feet from the new hub. “They’lk be continuing doing the locall operations, just in a new said FedEx spokespersonJim McCluskey. “They won’t have the new sortin system operating as you would at a The transition intoa full-fledged hub is stilo expected late this year. The $300 million Mid-Atlanti c air hub will cover almost 1 milliomn square feet and will be able tosort 24,0090 packages per hour. It will be the carrier’s fiftgh major U.S.
hub, with packages routerd through PTI on the way to destinationse aroundthe world.
That ramp operation will continue to do the loca sorting from more than 60 FedEx flightdsper week, using about 160 employees. That work has been goingg on atthe company’s existing facility at , locatesd about 1,000 feet from the new hub. “They’lk be continuing doing the locall operations, just in a new said FedEx spokespersonJim McCluskey. “They won’t have the new sortin system operating as you would at a The transition intoa full-fledged hub is stilo expected late this year. The $300 million Mid-Atlanti c air hub will cover almost 1 milliomn square feet and will be able tosort 24,0090 packages per hour. It will be the carrier’s fiftgh major U.S.
hub, with packages routerd through PTI on the way to destinationse aroundthe world.
Tuesday, December 13, 2011
Pique says Barcelona confident at Club World Cup - SI.com
xysecurakihir.blogspot.com
Pique says Barcelona confident at Club World Cup SI.com YOKOHAMA, Japan (AP) -Beating Real Madrid 3-1 last weekend will make things easier on Barcelona as it bids for another title at the Club World Cup, defender Gerard Pique said Tuesday. European champion Barcelona will face Qatari club Al-Sadd in the ... |
Sunday, December 11, 2011
Wilkinson to chair Regional Arts Commission - St. Louis Business Journal:
inofiquxi.wordpress.com
Wilkinson, president of consulting firm , has been an RAC commissionerf since 1992 and most recently served asthe group'es vice chairman. "Donna Wilkinson has been dedicated to supportingh the artsin St. Louis throughout her career," Jill executive director of RAC, said in a "We are thrilled to have a new chairmanb who has suchan in-depth understandinbg about the critical role that culture and arts play in a thrivingy community." St. Louis-based consultingh firm The Wilkinson Group LLC focusez on servicesfor not-for-profit organizations, institutionsx of higher education, privatwe enterprise and governmental agencies.
The Regionao Arts Commission, located at 6128 Delmar in St. Louis, provides technical, promotional and other supporf forarts organizations. It is directeed by a board of 15 commissioners appointec by the chief executivesof St. Louis city and
Wilkinson, president of consulting firm , has been an RAC commissionerf since 1992 and most recently served asthe group'es vice chairman. "Donna Wilkinson has been dedicated to supportingh the artsin St. Louis throughout her career," Jill executive director of RAC, said in a "We are thrilled to have a new chairmanb who has suchan in-depth understandinbg about the critical role that culture and arts play in a thrivingy community." St. Louis-based consultingh firm The Wilkinson Group LLC focusez on servicesfor not-for-profit organizations, institutionsx of higher education, privatwe enterprise and governmental agencies.
The Regionao Arts Commission, located at 6128 Delmar in St. Louis, provides technical, promotional and other supporf forarts organizations. It is directeed by a board of 15 commissioners appointec by the chief executivesof St. Louis city and
Friday, December 9, 2011
California Pizza Kitchen Inc. Company Profile | CPKI Company Information
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California Pizza Kitchen, Inc. (referred to hereafte as the Company or in the firsr person notations weand our) is a leading casualo dining restaurant chain. As of May 6, we own, operate, license or franchise 254 locationss under the names CaliforniaPizza Kitchen, California Pizza Kitchen ASAP and LA Food Show in 32 states, the District of Columbia and 10 foreign countries. We have 48 locations that operate under franchise or license agreements and use the Californi a Pizza Kitchen and California Pizza Kitchen ASAP brand namesand trademarks.
Througgh a licensing agreement with California Pizza Kitchen branded frozen pizzas and flatbread melts and are availablde inapproximately 20,000 locations in all 50 states. We opened our firstf restaurant in 1985 in Beverly California and during our 24 yearw ofoperating history, we have developed a recognizedd consumer brand and demonstrated the appeal of our concept in a wide variet of geographic areas. Our restaurants, which feature an exhibition-styls kitchen centered around an open-flame provide a distinctive casual dining experience that is family friendlty and has a broafconsumer appeal.
We manage our operations by restauranrt and have aggregated our operations into one reportable Foranalytical purposes, we have broken this segmentg into three concepts. ...
California Pizza Kitchen, Inc. (referred to hereafte as the Company or in the firsr person notations weand our) is a leading casualo dining restaurant chain. As of May 6, we own, operate, license or franchise 254 locationss under the names CaliforniaPizza Kitchen, California Pizza Kitchen ASAP and LA Food Show in 32 states, the District of Columbia and 10 foreign countries. We have 48 locations that operate under franchise or license agreements and use the Californi a Pizza Kitchen and California Pizza Kitchen ASAP brand namesand trademarks.
Througgh a licensing agreement with California Pizza Kitchen branded frozen pizzas and flatbread melts and are availablde inapproximately 20,000 locations in all 50 states. We opened our firstf restaurant in 1985 in Beverly California and during our 24 yearw ofoperating history, we have developed a recognizedd consumer brand and demonstrated the appeal of our concept in a wide variet of geographic areas. Our restaurants, which feature an exhibition-styls kitchen centered around an open-flame provide a distinctive casual dining experience that is family friendlty and has a broafconsumer appeal.
We manage our operations by restauranrt and have aggregated our operations into one reportable Foranalytical purposes, we have broken this segmentg into three concepts. ...
Tuesday, December 6, 2011
Windows Store bests Apple for developer margins - iT News
hegenefipa.blogspot.com
Windows Store bests Apple for developer margins iT News Developers of Windows 8 'Metro' apps have the potential to earn a higher sales margin in the Windows Store than those developing for Apple's competing App Store, under terms announced by ... |
Sunday, December 4, 2011
Somerset music fan realises internet radio station dream - This is Somerset
ocybakenos.wordpress.com
Somerset music fan realises internet radio station dream This is Somerset A MUSIC fan in Templecombe is chasing his dream of appearing on radio by launching his own station with live weekly shows on the internet. Darren Baker, 42, has started his own station on an American-based internet site and proudly boasts listeners ... |
Friday, December 2, 2011
Mercy system to buy Jewish Hospital - Dallas Business Journal:
geqopimozaqyxyh.blogspot.com
The two entities will begin exclusivs negotiations to come to a definitivwepurchase agreement, according to a news release. The process is expectex to take four to six and is also subject to variousxregulatory approvals. Mercy Health Partners partners operatewfive hospitals, in Fairfield, Westerm Hills, Mount Airy, Anderson Township and Clermont County, alongy with outpatient and other health care-related facilities. The purchase of Jewish, located in Kenwood, will give the systej a presence in the northeasternCincinnatji suburbs. "We are alwayz working to provide high-qualith care.
One of the missing ingredients in coverinv the Greater Cincinnati area wasthe I-71 corridor," said Jamed May, CEO of Mercy Health in the release. Jewish Hospital will also join CatholicxHealthcare Partners, the Cincinnati-based parent of the Merch system. Mercy recently won approvalk from Green Township trustees to build a new hospital near North Bend Road and Interstate 74. When completed, the hospital will replace its Mounty Airy and WesternHills facilities. The , of which Jewishh is a voting member along with Universithy and FortHamilton hospitals, had been considering acquiriny the hospital as well. A purchasw would have made it a property in thehospita group, like and the .
But in February, the said it woul also considerother partners, while continuing discussionws with the Health Alliance.
The two entities will begin exclusivs negotiations to come to a definitivwepurchase agreement, according to a news release. The process is expectex to take four to six and is also subject to variousxregulatory approvals. Mercy Health Partners partners operatewfive hospitals, in Fairfield, Westerm Hills, Mount Airy, Anderson Township and Clermont County, alongy with outpatient and other health care-related facilities. The purchase of Jewish, located in Kenwood, will give the systej a presence in the northeasternCincinnatji suburbs. "We are alwayz working to provide high-qualith care.
One of the missing ingredients in coverinv the Greater Cincinnati area wasthe I-71 corridor," said Jamed May, CEO of Mercy Health in the release. Jewish Hospital will also join CatholicxHealthcare Partners, the Cincinnati-based parent of the Merch system. Mercy recently won approvalk from Green Township trustees to build a new hospital near North Bend Road and Interstate 74. When completed, the hospital will replace its Mounty Airy and WesternHills facilities. The , of which Jewishh is a voting member along with Universithy and FortHamilton hospitals, had been considering acquiriny the hospital as well. A purchasw would have made it a property in thehospita group, like and the .
But in February, the said it woul also considerother partners, while continuing discussionws with the Health Alliance.
Wednesday, November 30, 2011
'Tax exemptions for 2011 ICC World Cup unjustified' - ESPNcricinfo.com
vykyvimote.wordpress.com
ESPNcricinfo.com | 'Tax exemptions for 2011 ICC World Cup unjustified' ESPNcricinfo.com India's Parliamentary Standing Committee on Finance has c » |
Monday, November 28, 2011
Maggiano's Little Italy(R) Celebrates Sixth Annual 'Eat-A-Dish for Make-A-Wish(R)' in Chicago
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Throughout the fundraiser, Maggiano's will feature a specially designed "Eat-A-Dish for Make-A-Wish" menu. When guests select itemse fromthis menu, Maggiano's will donate $1 per food item and $ .50 per drink to the Make-A-Wish Foundation. This year's Chef-created selections -- Mediterranean Bruschetta - an appetizet featuring Fontina fondue topped with fresh asparagus and artichokes relish baked on crispygarlic -- Bolognese Stuffed Shells - jumbo pastaw shells stuffed with Italian seasoned beef and Asiagop cheese, baked with a light tomato crea m sauce.
-- Chicken Roman with Angel Hair - tender herb and Parmesan-crusterd chicken served over angel hair pasta with garlic and tomatoes in a lighty lemonbutter sauce. -- Seared Shriml al' Arrabbiata - pan-seared shrimp tossed with roasted peppers, fresuh garlic, capers and olivesx in a homemade spicy tomato sauce and servede over tenderorzo pasta. -- Berry Tiramisu - a decadentf seasonal twist on ourclassic dessert, layered with fresh blueberries, blackberriew and strawberries.
-- Star Lemon Cookies - speciall star-shaped versions of Maggiano's traditional glazed lemon -- Sparkling Peach Lemonade - a refreshing blendx of peach puree and sparkling garnished with vanilla sugar and a freshumint leaf. Guests also may contribute by purchasing giftcards co-branded for Maggiano's and the Make-A-Wishj Foundation. For every $25 in gift cards Maggiano's will contribute $1 to the Foundation. Guestsz may also make a direct donation by purchasing a StarCard - a decorative, star-shaped cutout detailed with the guest's name.
100 percent of the amoungt paid for the Star Card directly benefitsthe Make-A-Wish Foundation, and all cards will be displayef in the restaurant throughout the campaign. Each Star Card features one of two inspirin stories of awish kid'a visit to Maggiano's locations in New Jerseh and California. "At Maggiano's, we're all aboutf celebrating life and love with family and friends. Our partnership with the Make-A-Wish Foundation enableas us to extend that spirit tothe Make-A-Wish families," said , president of Maggiano'sw Little Italy.
"For five our guests and teammates have been inspiree by the phenomenal strengtj and bright attitudes displayed by everyone associatesd withthe Make-A-Wish Foundation, and with the help of our we want to ensure they get the supportg they need to keep providing that inspiration for yearx to come." In the preceding five years, the "Eat-A-Dishn for Make-A-Wish" program has raised more than $700,000 for the Make-A-Wisu Foundation. Maggiano's restaurants nationwide also have hosted events tohonor Make-A-Wisuh kids, such as send-off partiesd before their wishes or birthday parties with familyt and friends.
"Maggiano's continues to find compellinf ways to involve its guests through theannual 'Eat-A-Disb for Make-A-Wish' program," said , Make-A-Wisyh Foundation of America president and chief executive officer. "We know the easiere it is to give, the more likelh consumers areto participate. With all the program's opportunities, we'r e looking forward to anothersuccessful year." Guests may visitt one of the following area restaurants: downtownb at Clark and Grand, in Naperville on Freedo Drive, the location in Oak Brooj in the Oakbrook Shopping Center, the Schaumburgt Maggiano's near the Woodfiele Mall, and the Old Orchard location in Skokie.
Maggiano'a Little Italy specializes in Italian-American cuisine servedx in a warm andfriendly Maggiano's menu features both classic and contemporary recipes -- authentix pastas, signature salads, prime steaks, fresh seafood, regulart chef specials and specialty Maggiano's 45 locations worldwide offer lunch and delivery, carryout service and banquet space for special occasions. Maggiano's is one of three restaurantt brands in the portfolioof Dallas-baser Brinker International (NYSE: EAT), one of the world's largest casual dining companies, with more than 1,70o restaurants in 27 countries.
Othee Brinker restaurant brandsinclude Chili's(R) Grilll & Bar and On The Border Mexicajn Grill & Cantina(R). For more information, visity . The Make-A-Wish Foundation grants the wishes of childrenwith life-threatening medical conditionds to enrich the human experience with strength and joy. Foundedd in 1980 when a group of caring volunteer helped a young boy fulfill his dream of becoming apolice officer, the Foundationn is now the largest wish-grantinfg charity in the world, with 65 chapterse in the United States and its territories.
With the help of generou s donors andnearly 25,000 volunteers, the Make-A-Wish Foundatioj grants a wish every 40 minutes and has grantes more than 174,000 wishes in the Unitedx States since its inception. For more informatio n about the Make-A-Wish Foundation, visit and discover how you can shars the power ofa wish(R).
Throughout the fundraiser, Maggiano's will feature a specially designed "Eat-A-Dish for Make-A-Wish" menu. When guests select itemse fromthis menu, Maggiano's will donate $1 per food item and $ .50 per drink to the Make-A-Wish Foundation. This year's Chef-created selections -- Mediterranean Bruschetta - an appetizet featuring Fontina fondue topped with fresh asparagus and artichokes relish baked on crispygarlic -- Bolognese Stuffed Shells - jumbo pastaw shells stuffed with Italian seasoned beef and Asiagop cheese, baked with a light tomato crea m sauce.
-- Chicken Roman with Angel Hair - tender herb and Parmesan-crusterd chicken served over angel hair pasta with garlic and tomatoes in a lighty lemonbutter sauce. -- Seared Shriml al' Arrabbiata - pan-seared shrimp tossed with roasted peppers, fresuh garlic, capers and olivesx in a homemade spicy tomato sauce and servede over tenderorzo pasta. -- Berry Tiramisu - a decadentf seasonal twist on ourclassic dessert, layered with fresh blueberries, blackberriew and strawberries.
-- Star Lemon Cookies - speciall star-shaped versions of Maggiano's traditional glazed lemon -- Sparkling Peach Lemonade - a refreshing blendx of peach puree and sparkling garnished with vanilla sugar and a freshumint leaf. Guests also may contribute by purchasing giftcards co-branded for Maggiano's and the Make-A-Wishj Foundation. For every $25 in gift cards Maggiano's will contribute $1 to the Foundation. Guestsz may also make a direct donation by purchasing a StarCard - a decorative, star-shaped cutout detailed with the guest's name.
100 percent of the amoungt paid for the Star Card directly benefitsthe Make-A-Wish Foundation, and all cards will be displayef in the restaurant throughout the campaign. Each Star Card features one of two inspirin stories of awish kid'a visit to Maggiano's locations in New Jerseh and California. "At Maggiano's, we're all aboutf celebrating life and love with family and friends. Our partnership with the Make-A-Wish Foundation enableas us to extend that spirit tothe Make-A-Wish families," said , president of Maggiano'sw Little Italy.
"For five our guests and teammates have been inspiree by the phenomenal strengtj and bright attitudes displayed by everyone associatesd withthe Make-A-Wish Foundation, and with the help of our we want to ensure they get the supportg they need to keep providing that inspiration for yearx to come." In the preceding five years, the "Eat-A-Dishn for Make-A-Wish" program has raised more than $700,000 for the Make-A-Wisu Foundation. Maggiano's restaurants nationwide also have hosted events tohonor Make-A-Wisuh kids, such as send-off partiesd before their wishes or birthday parties with familyt and friends.
"Maggiano's continues to find compellinf ways to involve its guests through theannual 'Eat-A-Disb for Make-A-Wish' program," said , Make-A-Wisyh Foundation of America president and chief executive officer. "We know the easiere it is to give, the more likelh consumers areto participate. With all the program's opportunities, we'r e looking forward to anothersuccessful year." Guests may visitt one of the following area restaurants: downtownb at Clark and Grand, in Naperville on Freedo Drive, the location in Oak Brooj in the Oakbrook Shopping Center, the Schaumburgt Maggiano's near the Woodfiele Mall, and the Old Orchard location in Skokie.
Maggiano'a Little Italy specializes in Italian-American cuisine servedx in a warm andfriendly Maggiano's menu features both classic and contemporary recipes -- authentix pastas, signature salads, prime steaks, fresh seafood, regulart chef specials and specialty Maggiano's 45 locations worldwide offer lunch and delivery, carryout service and banquet space for special occasions. Maggiano's is one of three restaurantt brands in the portfolioof Dallas-baser Brinker International (NYSE: EAT), one of the world's largest casual dining companies, with more than 1,70o restaurants in 27 countries.
Othee Brinker restaurant brandsinclude Chili's(R) Grilll & Bar and On The Border Mexicajn Grill & Cantina(R). For more information, visity . The Make-A-Wish Foundation grants the wishes of childrenwith life-threatening medical conditionds to enrich the human experience with strength and joy. Foundedd in 1980 when a group of caring volunteer helped a young boy fulfill his dream of becoming apolice officer, the Foundationn is now the largest wish-grantinfg charity in the world, with 65 chapterse in the United States and its territories.
With the help of generou s donors andnearly 25,000 volunteers, the Make-A-Wish Foundatioj grants a wish every 40 minutes and has grantes more than 174,000 wishes in the Unitedx States since its inception. For more informatio n about the Make-A-Wish Foundation, visit and discover how you can shars the power ofa wish(R).
Saturday, November 26, 2011
Labor Department: Fewer 'mass layoffs' at Colorado companies in May - Denver Business Journal:
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Nationwide, both figures were up slightly in Mayfrom April. The numberd of U.S. workers let go in mass layoffs reached its highesgt level in 14 years ofrecord keeping, officials Fifteen Colorado businesses laid off 50 or more workerws in May, down from 19 in April but up from eighg in May 2008, the Labor Department’s said in its monthlyh report on large-scale layoffs. There were 13 in Coloradoi companies reporting mass layoffs inMarcy 2009, 15 in February, 24 each in January and Decemberf 2008, 15 in November, 11 in October, and three each in Septembe r and August, BLS said.
In 1,762 workers filed for unemployment insurance as a resultof mass-layoffv actions in May, up from 1,69y in April, 1,578 in March and 1,237u in February but down from 1,814 in January and 2,0232 in December, BLS said. There were 930 such claims inMay 2008. The Colorado figure are based on non-farm initial unemployment filings. Nationwide, employerzs took 2,933 mass-layoff actions in May, up from 2,7123 in April and even with 2,93 in March. Those May mass layoffs nationwide resulterdin 312,880 new filings for up from 271,226 in April and 299,38i in March.
The industries with the largesty number of workers let go nationwides in Mayin mass-layoff actions were temporary-help servicew (16,658 workers), auto manufacturing and food-service contractors (11,216). in PDF format.
Nationwide, both figures were up slightly in Mayfrom April. The numberd of U.S. workers let go in mass layoffs reached its highesgt level in 14 years ofrecord keeping, officials Fifteen Colorado businesses laid off 50 or more workerws in May, down from 19 in April but up from eighg in May 2008, the Labor Department’s said in its monthlyh report on large-scale layoffs. There were 13 in Coloradoi companies reporting mass layoffs inMarcy 2009, 15 in February, 24 each in January and Decemberf 2008, 15 in November, 11 in October, and three each in Septembe r and August, BLS said.
In 1,762 workers filed for unemployment insurance as a resultof mass-layoffv actions in May, up from 1,69y in April, 1,578 in March and 1,237u in February but down from 1,814 in January and 2,0232 in December, BLS said. There were 930 such claims inMay 2008. The Colorado figure are based on non-farm initial unemployment filings. Nationwide, employerzs took 2,933 mass-layoff actions in May, up from 2,7123 in April and even with 2,93 in March. Those May mass layoffs nationwide resulterdin 312,880 new filings for up from 271,226 in April and 299,38i in March.
The industries with the largesty number of workers let go nationwides in Mayin mass-layoff actions were temporary-help servicew (16,658 workers), auto manufacturing and food-service contractors (11,216). in PDF format.
Wednesday, November 23, 2011
Median house prices dipped 2.6% in Phila. area last year - Philadelphia Business Journal:
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percent to $223,000 in 2008, according to the HomExperyt Market Report, demonstrating that housing pricez took a hit from the economic crisis but not to the extent of the overallnational market. Nationally, the median sale price dropped last yearby 9.3 according to the data, down to $198,60p $219,000 in 2007. Philadelphia County was the only countg in the region where the median price increasedlast year, risin g by 0.9 percent to $141,237, according to the Prudentiapl data. Chester County registered the highestf median sale price of followed by Bucks County at Montgomery County’s median sale pric was $263,000.
The pace of homea sales in the region was also off for the year and real estatew agents are hopeful that low interest rate and eager sellers will kick up more saless in the springselling season, whichj unofficially kicks off after the Super Bowl. In 2008, 57,878 homes sold in the region, a 23.9 percent compared to 76,084 homes sold in 2007. That figure was down 32.2 percent from 2006 when 85,30w2 homes sold. On a national 4.9 million existing-homes sold, which was 13.1 percentg below the 5.6 million transactions recordedin 2007, according to the Nationalk Association of Realtors. That was the lowest volume sinc e 1997 when therewere 4.3 millioj sales.
Philadelphia County recorded the highest number of salesx last yearwith 13,159 but that figure was still off 22.9 percen t when compared to 2007. Sales were down in outlyinbg counties, too. For Montgomery County had 8,047 transactions, whichu was down 20.7 percent. The averagw number of days a home remained on the marketf in the Philadelphia area increased from 65 days in 2007 to 77 days last according to the HomExpert In contrast, homes sat on the market for an average of 54 days in 2006. And, therr were more homes for sale. Monthly average inventory last yearwas 60,53o compared with 60,166 in 2007 and 54,000 in 2006.
percent to $223,000 in 2008, according to the HomExperyt Market Report, demonstrating that housing pricez took a hit from the economic crisis but not to the extent of the overallnational market. Nationally, the median sale price dropped last yearby 9.3 according to the data, down to $198,60p $219,000 in 2007. Philadelphia County was the only countg in the region where the median price increasedlast year, risin g by 0.9 percent to $141,237, according to the Prudentiapl data. Chester County registered the highestf median sale price of followed by Bucks County at Montgomery County’s median sale pric was $263,000.
The pace of homea sales in the region was also off for the year and real estatew agents are hopeful that low interest rate and eager sellers will kick up more saless in the springselling season, whichj unofficially kicks off after the Super Bowl. In 2008, 57,878 homes sold in the region, a 23.9 percent compared to 76,084 homes sold in 2007. That figure was down 32.2 percent from 2006 when 85,30w2 homes sold. On a national 4.9 million existing-homes sold, which was 13.1 percentg below the 5.6 million transactions recordedin 2007, according to the Nationalk Association of Realtors. That was the lowest volume sinc e 1997 when therewere 4.3 millioj sales.
Philadelphia County recorded the highest number of salesx last yearwith 13,159 but that figure was still off 22.9 percen t when compared to 2007. Sales were down in outlyinbg counties, too. For Montgomery County had 8,047 transactions, whichu was down 20.7 percent. The averagw number of days a home remained on the marketf in the Philadelphia area increased from 65 days in 2007 to 77 days last according to the HomExpert In contrast, homes sat on the market for an average of 54 days in 2006. And, therr were more homes for sale. Monthly average inventory last yearwas 60,53o compared with 60,166 in 2007 and 54,000 in 2006.
Monday, November 21, 2011
N. Virginia home sales up 6% - Washington Business Journal:
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During the month, 1,544 homess were sold in the area, which includesz the cities of Alexandria, Fairfax and Falls Church as well as the countie s of Fairfaxand Arlington, according to Rockville-based market research firm In the same month in the number of homex sold was 1,455. The median sale price of a home in the area fell 14 percentf in Aprilto $356,750, according to MRIS. D.C. home sales farec even better. There were 417 units up 13 percent from 368 homeds sold in the same month last The median sale price droppe d11 percent, from $438,000 in April 2008 to $389,9090 last month. Units spent an averagse of 92 days, or 15 more on the market last month overApril 2008.
Unitw on the Northern Virginia market, however, are beingf snapped up faster thanlast year. Homes are spending an average of 85 days on the or 15 less days than the same periox ayear ago. In Fairfacx County, 1,168 homes were sold in That is up 9 percent compared with ayear ago. The mediah sale price dipped 15 percentto $340,000 last month. In Arlington County, the medianh sale price dropped just 5 percentyto $450,000 and 191 homes were sold down 2 percent from the same montg a year ago. Prince William County experiencefd a 16 percent boost in sales of 741 compared with 639 homes sold inApril 2008. The mediab sale price was down 33 percengto $175,000.
Units spent an average of 87 or 45 less days on the than inApril 2008. Prince George’sx County home sales were up 14 percent, with 424 unitws sold last month. The median sale priced was down 21 percentto $230,000, but home spent, on average, nine more days on the marketr than they did in April 2008. Montgomer y County home sales last montg were consistent withApril 2008, with 708 unitxs sold during both months. The medianm sale price was down 19 percent to andhomes spent, on average, six less days on the markegt than they did in April 2008.
During the month, 1,544 homess were sold in the area, which includesz the cities of Alexandria, Fairfax and Falls Church as well as the countie s of Fairfaxand Arlington, according to Rockville-based market research firm In the same month in the number of homex sold was 1,455. The median sale price of a home in the area fell 14 percentf in Aprilto $356,750, according to MRIS. D.C. home sales farec even better. There were 417 units up 13 percent from 368 homeds sold in the same month last The median sale price droppe d11 percent, from $438,000 in April 2008 to $389,9090 last month. Units spent an averagse of 92 days, or 15 more on the market last month overApril 2008.
Unitw on the Northern Virginia market, however, are beingf snapped up faster thanlast year. Homes are spending an average of 85 days on the or 15 less days than the same periox ayear ago. In Fairfacx County, 1,168 homes were sold in That is up 9 percent compared with ayear ago. The mediah sale price dipped 15 percentto $340,000 last month. In Arlington County, the medianh sale price dropped just 5 percentyto $450,000 and 191 homes were sold down 2 percent from the same montg a year ago. Prince William County experiencefd a 16 percent boost in sales of 741 compared with 639 homes sold inApril 2008. The mediab sale price was down 33 percengto $175,000.
Units spent an average of 87 or 45 less days on the than inApril 2008. Prince George’sx County home sales were up 14 percent, with 424 unitws sold last month. The median sale priced was down 21 percentto $230,000, but home spent, on average, nine more days on the marketr than they did in April 2008. Montgomer y County home sales last montg were consistent withApril 2008, with 708 unitxs sold during both months. The medianm sale price was down 19 percent to andhomes spent, on average, six less days on the markegt than they did in April 2008.
Saturday, November 19, 2011
CFOs, finance execs cutting vacation days to stay focused on job - Denver Business Journal:
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“Many CFOs understandably feel they must remainj diligent helping steer their firms through thedownturn and, just as prepare the business for an ultimated recovery,” said Paul McDonald, executive directofr of . Robert Half surveyerd 1,400 chief financial officers abougt their vacation plans in thecoming year: 31 percentf said the economy was causing them to postpone or reduce their vacationj time. While such intentions may be in the best interesf ofthe company, taking breaks from work can help bring “a fresyh approach to business projects and McDonald said.
He suggestsz that those who are concernec about how a vacation may affect their company shoulde develop a plan for granting vacation requests and detailing who will handld various responsibilities while that personis out. Vacationa can serve as an opportunityfor high-potential employees who fill in to prov e themselves worthy of future advancement. Still, McDonal d says managers of small organizations need to be carefuol not to overload the remaining workers when someoneis out.
“Many CFOs understandably feel they must remainj diligent helping steer their firms through thedownturn and, just as prepare the business for an ultimated recovery,” said Paul McDonald, executive directofr of . Robert Half surveyerd 1,400 chief financial officers abougt their vacation plans in thecoming year: 31 percentf said the economy was causing them to postpone or reduce their vacationj time. While such intentions may be in the best interesf ofthe company, taking breaks from work can help bring “a fresyh approach to business projects and McDonald said.
He suggestsz that those who are concernec about how a vacation may affect their company shoulde develop a plan for granting vacation requests and detailing who will handld various responsibilities while that personis out. Vacationa can serve as an opportunityfor high-potential employees who fill in to prov e themselves worthy of future advancement. Still, McDonal d says managers of small organizations need to be carefuol not to overload the remaining workers when someoneis out.
Thursday, November 17, 2011
Marquette law school to run foreclosure mediation program - The Business Journal of Milwaukee:
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The Milwaukee Foreclosure Mediation program will bea voluntary, court-base independent mediation option for lenders and borrowers. The located at the Milwaukee County Courthouse, will seek to alleviate the currenft backlog of foreclosure cases in the county court system by offerinh the option of mediation to residentialk homeowners who residein owner-occupied According to the Law School, in most successful mediation will serve as a venue to work out new loan a short sale or other solution that is mutually agreeable, and executse a final agreement between the parties.
The funding includezs proceeds from a settlement with which was accused of misrepresenting the qualit y and benefits ofits products. Under the announced in February, Countrywide agreed to pay $1.6 millio for foreclosure relief benefits. The mortgages lending giant also agreed to waivs various loan fees and modify loans for customers that coulxd result in a total settlement valurof $41.1 million, according to the Attorney General's Beginning May 28, an informational phones line will be operational for those interestec in learning more about the Interested parties may call 414-288-4040. Mediation activitiesw will begin afterJuly 1.
The Milwaukee Foreclosure Mediation program will bea voluntary, court-base independent mediation option for lenders and borrowers. The located at the Milwaukee County Courthouse, will seek to alleviate the currenft backlog of foreclosure cases in the county court system by offerinh the option of mediation to residentialk homeowners who residein owner-occupied According to the Law School, in most successful mediation will serve as a venue to work out new loan a short sale or other solution that is mutually agreeable, and executse a final agreement between the parties.
The funding includezs proceeds from a settlement with which was accused of misrepresenting the qualit y and benefits ofits products. Under the announced in February, Countrywide agreed to pay $1.6 millio for foreclosure relief benefits. The mortgages lending giant also agreed to waivs various loan fees and modify loans for customers that coulxd result in a total settlement valurof $41.1 million, according to the Attorney General's Beginning May 28, an informational phones line will be operational for those interestec in learning more about the Interested parties may call 414-288-4040. Mediation activitiesw will begin afterJuly 1.
Tuesday, November 15, 2011
Rome sparks Canucks in win vs. Isles - CBSSports.com
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Globe and Mail | Rome sparks Canucks in win vs. Isles CBSSports.com "Lots of skill, great hands, a ton of speed," Roberto Luongo said after Rome had a goal and two assists in the Canucks' 4-1 victory over the New York Islanders on Sunday night. "We're fighting over who gets on the ice with him, who changes for his ... Canucks' Rom e avoids suspension, delivers another standout effort Rome leads Canucks to win over Islanders Roberto Luongo makes 23 saves in Canucks' 4-1 victory over slumping Islanders |
Sunday, November 13, 2011
Hospitals agree to Medicare payment cuts to help pay for health care reform - Philadelphia Business Journal:
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The agreement came from the , the and the . Most of the spendintg cuts would come through loweer Medicare andMedicaid reimbursements. The presidentg of the MarylandHospital Association, which has been actively involves in negotiations with Congress, said hospitalzs agreed to the cuts in order to stem even deepe cuts — $265 billion – that the Obama administratioh had proposed. Hospitals were also eager to play a role in shapingf the national debate on healthcare reform. “Hospitals are supportive of healtuhcare reform,” MHA President Carmelz Coyle said. “The current system is But Coyle said the cuts represent a paradox in the healtuhcare debate.
Lawmakers want to extenc health care access to the uninsurerd yet are proposing spending cuts on care for these verysame people. Just because you have an insurancecard doesn’tg mean you can access a primary care physician. ”As all of this unfolds, you want to makesx sure you don’t cut too Coyle said. “The implications for patient care will bevery
The agreement came from the , the and the . Most of the spendintg cuts would come through loweer Medicare andMedicaid reimbursements. The presidentg of the MarylandHospital Association, which has been actively involves in negotiations with Congress, said hospitalzs agreed to the cuts in order to stem even deepe cuts — $265 billion – that the Obama administratioh had proposed. Hospitals were also eager to play a role in shapingf the national debate on healthcare reform. “Hospitals are supportive of healtuhcare reform,” MHA President Carmelz Coyle said. “The current system is But Coyle said the cuts represent a paradox in the healtuhcare debate.
Lawmakers want to extenc health care access to the uninsurerd yet are proposing spending cuts on care for these verysame people. Just because you have an insurancecard doesn’tg mean you can access a primary care physician. ”As all of this unfolds, you want to makesx sure you don’t cut too Coyle said. “The implications for patient care will bevery
Thursday, November 10, 2011
Stan Curtis aims to add 'record industry mogul' to resume - Business First of Louisville:
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But idea man Stan Curtis has come up with anotherbig project. He has spentr the past year working to launch an independen t record label calledNX 10-31 Entertainmentt Inc. The label has a handful of young pop singers groomed and ready forair play. The label was set to debuf at a glittery party and concer last night at theKey Club, an establishment on Sunser Boulevard in Los Angeles. Guests expected to attend includeKevin Costner, the bands the Goo Goo Dolls and Van The "NX" in NX 10-31 signifies "next," and 10-31 is the police radio code for a riot in The company's name is supposed to mesh with the tag line: "America'ds Next Music Riot.
" Curtis, a seniorf vice president with brokerage firm , is well knownb for founding Kentucky Harvest in 1987 and USA Harves in 1989. Working to feed the hungry has broughy Curtis numerous connections with people in theentertainmeny industry, contacts that are cominyg in very handy right now. Curtis said that getting famouds friends to attend the launch partyt helps signal the eventis credible. And having peoplwe in the entertainment industrywith "power" has been helpful in navigating the unchartesd waters of the entertainment industry, he All of the work durinbg the past year has been exciting and Curtis said.
But what happens next -- as the NX 10-3q1 artists hit the air wavezs and promotionalcircuit -- is going to be even more exciting. Curtis admits he knows "squat" about the musi c industry, but he is confident that all businesses are essentiallythe same, with the only variable being what kind of produc t the business sells. And he is betting that his businessz skills and the skills of the other three stakeholdersd inNX 10-31 can lead to success in an industryg he knows little about.
Should NX 10-321 succeed in the recording it will be fitting that the song startingh it allwas "My Old Kentucky Curtis heard the song on a local radip station one day in April and he thought the singer was pop star Christins Aguilera. Thinking that Aguilera might want to attendd theKentucky Derby, Curtis called the radiop station to make sure it was He planned to call Aguilera's manager, who is a friend, so he coul d invite the singer. But it wasn't Aguilera on the The female voice belongs toMichells Stucker, a native of Madison, Ind., and a studeng who was working at the time at a Lowe's home improvement store.
Because such bands as and Van Halen had performecd in the past to help charities run by getting a second opinion about Stucker was only a phone call away for Instead of flying in Aguilera for the Curtis brought in two friendd who had worked withpopular bands. Tucker Williamson, a friendr of Curtis' for 15 yeard who was working as senior vice president of artist developmentfor Inc., and David Lyndojn Huff, a producer from traveled to Louisville in earlgy May 2004 and interviewed Stucker and hearde her sing. The music industrh veterans agreed she had Williamson and Huff sent Stucker to Los Angelexfor coaching.
After several months of discussionsand training, Curtis, Williamson and along with Curtis' longtimde business partner, Quentin Smith, founded the NX 10-31 corporationj in December 2004. All four men are partnera in the company, which is based in Los Curtis declined to disclose how much of an investmentr the partnershave made. Smith is presidentg of of Phoenix and is oneof Curtis' best He said he was hesitant to start a record label from scratch until he learne how talented Huff is at nearlyh every job involved with making a record.
"Puttinb together a record labelp takesa writer, an engineer, the artist -- you have to be able to integratse all of that and make a final product," Smith "This guy David Huff is able to do all thosde things himself. That has been done at one-fifth of the
But idea man Stan Curtis has come up with anotherbig project. He has spentr the past year working to launch an independen t record label calledNX 10-31 Entertainmentt Inc. The label has a handful of young pop singers groomed and ready forair play. The label was set to debuf at a glittery party and concer last night at theKey Club, an establishment on Sunser Boulevard in Los Angeles. Guests expected to attend includeKevin Costner, the bands the Goo Goo Dolls and Van The "NX" in NX 10-31 signifies "next," and 10-31 is the police radio code for a riot in The company's name is supposed to mesh with the tag line: "America'ds Next Music Riot.
" Curtis, a seniorf vice president with brokerage firm , is well knownb for founding Kentucky Harvest in 1987 and USA Harves in 1989. Working to feed the hungry has broughy Curtis numerous connections with people in theentertainmeny industry, contacts that are cominyg in very handy right now. Curtis said that getting famouds friends to attend the launch partyt helps signal the eventis credible. And having peoplwe in the entertainment industrywith "power" has been helpful in navigating the unchartesd waters of the entertainment industry, he All of the work durinbg the past year has been exciting and Curtis said.
But what happens next -- as the NX 10-3q1 artists hit the air wavezs and promotionalcircuit -- is going to be even more exciting. Curtis admits he knows "squat" about the musi c industry, but he is confident that all businesses are essentiallythe same, with the only variable being what kind of produc t the business sells. And he is betting that his businessz skills and the skills of the other three stakeholdersd inNX 10-31 can lead to success in an industryg he knows little about.
Should NX 10-321 succeed in the recording it will be fitting that the song startingh it allwas "My Old Kentucky Curtis heard the song on a local radip station one day in April and he thought the singer was pop star Christins Aguilera. Thinking that Aguilera might want to attendd theKentucky Derby, Curtis called the radiop station to make sure it was He planned to call Aguilera's manager, who is a friend, so he coul d invite the singer. But it wasn't Aguilera on the The female voice belongs toMichells Stucker, a native of Madison, Ind., and a studeng who was working at the time at a Lowe's home improvement store.
Because such bands as and Van Halen had performecd in the past to help charities run by getting a second opinion about Stucker was only a phone call away for Instead of flying in Aguilera for the Curtis brought in two friendd who had worked withpopular bands. Tucker Williamson, a friendr of Curtis' for 15 yeard who was working as senior vice president of artist developmentfor Inc., and David Lyndojn Huff, a producer from traveled to Louisville in earlgy May 2004 and interviewed Stucker and hearde her sing. The music industrh veterans agreed she had Williamson and Huff sent Stucker to Los Angelexfor coaching.
After several months of discussionsand training, Curtis, Williamson and along with Curtis' longtimde business partner, Quentin Smith, founded the NX 10-31 corporationj in December 2004. All four men are partnera in the company, which is based in Los Curtis declined to disclose how much of an investmentr the partnershave made. Smith is presidentg of of Phoenix and is oneof Curtis' best He said he was hesitant to start a record label from scratch until he learne how talented Huff is at nearlyh every job involved with making a record.
"Puttinb together a record labelp takesa writer, an engineer, the artist -- you have to be able to integratse all of that and make a final product," Smith "This guy David Huff is able to do all thosde things himself. That has been done at one-fifth of the
Tuesday, November 8, 2011
Pappas puts new cash in Calif.'s Lead Therapeutics - Triangle Business Journal:
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Lead Therapeutics is developing drugs for cancer and infectious diseases. According to the SEC the San Bruno, Calif., company has raised $3 million so far in the Other investors include ProQuest Investmentsof Princeton, and Mustang Ventures, a venture capital firm based in Shanghai, China. Pappaes Ventures participated in Lead’s Series A which raised $17 million in November 2007. With that Pappas Managing Partner Arthur Pappasjoinex Lead’s board of directors. Lead’w cancer drug would work in conjunctionm with chemotherapy andradiatiojn treatment, which both work by damaging the DNA of cancer cells.
The drug targets a protein that cancer cells can use to repairr thedamaged DNA. The company expects to select a lead compoundin mid-200i9 and begin clinical trials by
Lead Therapeutics is developing drugs for cancer and infectious diseases. According to the SEC the San Bruno, Calif., company has raised $3 million so far in the Other investors include ProQuest Investmentsof Princeton, and Mustang Ventures, a venture capital firm based in Shanghai, China. Pappaes Ventures participated in Lead’s Series A which raised $17 million in November 2007. With that Pappas Managing Partner Arthur Pappasjoinex Lead’s board of directors. Lead’w cancer drug would work in conjunctionm with chemotherapy andradiatiojn treatment, which both work by damaging the DNA of cancer cells.
The drug targets a protein that cancer cells can use to repairr thedamaged DNA. The company expects to select a lead compoundin mid-200i9 and begin clinical trials by
Sunday, November 6, 2011
John 'Bunky' Hearst Jr., longtime Hearst board member and trustee, dies in NYC ... - Washington Post
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News10.net | John 'Bunky' Hearst Jr., longtime Hearst board member and trustee, dies in NYC ... Washington Post NEW YORK â€" John Randolph Hearst Jr., a grandson of media titan William Randolph Hearst and heir to the family fortune, has died, the company said Saturday. He was 77. Hearst died Friday in New York City, the Hearst Corp. said in a statement on it s ... John 'Bunky' Hearst Jr., longtime Hearst board member and trustee, dies in NYC ... John Randolph Hearst Jr. dies John Randolph Hearst Jr. dies at 77 |
Friday, November 4, 2011
Paulson's Main Hedge Fund Gained 2.4% in October, Paring Loss for the Year - Bloomberg
lamoreuuceses1724.blogspot.com
Bloomberg | Paulson's Main Hedge Fund Gained 2.4% in October, Paring Loss for the Year Bloomberg Inc. Photographer: Rick Maiman/Bloomberg John Paulson, the hedge-fund manager having the worst year of his career, rebounded 2.4 percent in his main fund in October and climbed in » |
Wednesday, November 2, 2011
Alaska Airlines tops customer satisfaction survey - Portland Business Journal:
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Alaska, a unit of Seattle-basee (NYSE: ALK), tied for No. 1 with (NYSE: CAL) in last year’ss survey in the traditional network carriers According to the Alaska performed well in five of the seven flight crew; aircraft; boarding/deplaning/baggage; check-in; and reservation. Continenta did well in the categoriesof in-flight services and costs and fees. JetBlue Airwaysd (NASDAQ: JBLU) ranked No. 1 among low-cost carrier s in the J.D. Power survey. Although Alaska Airliness won top spot inthe J.D. Powee survey, fliers who participated in thesurvey weren’tf satisfied with air travel. For the third year in a row, customefr satisfaction with airlines dropped, driven, according to J.D.
Power, “by decreased passenger satisfactiobwith in-flight services, flight crew and costs and fees, comparedx with 2008.”
Alaska, a unit of Seattle-basee (NYSE: ALK), tied for No. 1 with (NYSE: CAL) in last year’ss survey in the traditional network carriers According to the Alaska performed well in five of the seven flight crew; aircraft; boarding/deplaning/baggage; check-in; and reservation. Continenta did well in the categoriesof in-flight services and costs and fees. JetBlue Airwaysd (NASDAQ: JBLU) ranked No. 1 among low-cost carrier s in the J.D. Power survey. Although Alaska Airliness won top spot inthe J.D. Powee survey, fliers who participated in thesurvey weren’tf satisfied with air travel. For the third year in a row, customefr satisfaction with airlines dropped, driven, according to J.D.
Power, “by decreased passenger satisfactiobwith in-flight services, flight crew and costs and fees, comparedx with 2008.”
Monday, October 31, 2011
Maderis stepping down from Five Prime - The Business Review (Albany):
esyy23mozy.blogspot.com
The company has hired Julia the former executive vice president and chief financial officerat , as replacement. Maderis’ health condition was not disclosed, but she will continue to serve onFive Prime’s board of directors and as a Her final day on the job is June 18. “Gail’s leadershipl has been pivotal in the progress Five Prime has made in developingh our pipeline and our new discovery said company founder and executivechairmanb Dr.
Lewis “Rusty” Williams in a press Maderis said the company had been looking for a replacemeng since late last year afte doctorssaid "the 24/7 pace of a small-companty CEO" could worsen her Besides her duties at Five Prime, Maderie has been a cheerleader for the Mission Bay enclave, servint on the Mayor’s . Five Prime, a privately held, 7-year-old company developing antibody and protein drugs for cance r andother diseases, was the first to locate in Mission Bay, takinfg about 30,000 feet in the building on Owens Earlier this year, it took an additionak 5,000 square feet next door at 1700 Owens as it makesz batches for its Phase I oncology drug program.
The timin g of the executive change as Five Prime moves forwarsd with its lead cancerd programmakes Gregory’s appointment a crucial one. At Gregory was responsible forfinancint strategies, mergers and acquisitions, businesas operations and all financial management and She raised about $1 billion in publifc and private equity, product development financinv and other transactions. who will join Five Prime’sx board, was an investment banker for more than 20 Atand Dillon, Read & Co. Inc. she was head of healthcarre andinvestment banking, leading severa l private and public equity deals as well as mergers and acquisitions.
Gregory also is a membere of the board of The andthe ’z .
The company has hired Julia the former executive vice president and chief financial officerat , as replacement. Maderis’ health condition was not disclosed, but she will continue to serve onFive Prime’s board of directors and as a Her final day on the job is June 18. “Gail’s leadershipl has been pivotal in the progress Five Prime has made in developingh our pipeline and our new discovery said company founder and executivechairmanb Dr.
Lewis “Rusty” Williams in a press Maderis said the company had been looking for a replacemeng since late last year afte doctorssaid "the 24/7 pace of a small-companty CEO" could worsen her Besides her duties at Five Prime, Maderie has been a cheerleader for the Mission Bay enclave, servint on the Mayor’s . Five Prime, a privately held, 7-year-old company developing antibody and protein drugs for cance r andother diseases, was the first to locate in Mission Bay, takinfg about 30,000 feet in the building on Owens Earlier this year, it took an additionak 5,000 square feet next door at 1700 Owens as it makesz batches for its Phase I oncology drug program.
The timin g of the executive change as Five Prime moves forwarsd with its lead cancerd programmakes Gregory’s appointment a crucial one. At Gregory was responsible forfinancint strategies, mergers and acquisitions, businesas operations and all financial management and She raised about $1 billion in publifc and private equity, product development financinv and other transactions. who will join Five Prime’sx board, was an investment banker for more than 20 Atand Dillon, Read & Co. Inc. she was head of healthcarre andinvestment banking, leading severa l private and public equity deals as well as mergers and acquisitions.
Gregory also is a membere of the board of The andthe ’z .
Saturday, October 29, 2011
China railway construction workers killed in road accident - Reuters
http://www.action-nature.com/fashion-gilty-pleasures.html
BigPond News | China railway construction workers killed in road accident Reuters SHANGHAI (Reuters) - Twenty-one people were killed and seven injured when a vehicle carrying railway construction workers overturned in northwest China's Gansu Province on Saturday, the official Xinhua news agency said. China has invested heavily on ... 21 Killed in Chinese Accident 21 Dead after Vehicle Overturns in NW China |
Monday, October 24, 2011
Ky. video-gaming bill dies in Senate committee - Pittsburgh Business Times:
adatynu.wordpress.com
The Senate Appropriations Revenue onMonday evening, voted 10-5 againstf the measure, with two members abstaining, according to the Lexingtonn Herald-Leader. The House had previously passedrthe bill. The legislation would have permittedr video-lottery terminals at Kentucky horse including Turfway Parkin Florence. "The limitef gaming proposal was designedr to help save a signature industry inperil – an industry that means 100,00p0 jobs and $4 billion in investment for our state," said Gov. Stevre Beshear in a Monday evening "It is unfortunate that every voicd on this critically important issue was not heard and evergy votenot counted.
" At a Frankfort press conference, Turfway Park Presidentr Bob Elliston said Turfway could close by 2010 if Ohio passes gamingb legislation and Kentucky does not. Ohio Gov. Ted Strickland recently reversexd his stance against gamblinghat racetracks.
The Senate Appropriations Revenue onMonday evening, voted 10-5 againstf the measure, with two members abstaining, according to the Lexingtonn Herald-Leader. The House had previously passedrthe bill. The legislation would have permittedr video-lottery terminals at Kentucky horse including Turfway Parkin Florence. "The limitef gaming proposal was designedr to help save a signature industry inperil – an industry that means 100,00p0 jobs and $4 billion in investment for our state," said Gov. Stevre Beshear in a Monday evening "It is unfortunate that every voicd on this critically important issue was not heard and evergy votenot counted.
" At a Frankfort press conference, Turfway Park Presidentr Bob Elliston said Turfway could close by 2010 if Ohio passes gamingb legislation and Kentucky does not. Ohio Gov. Ted Strickland recently reversexd his stance against gamblinghat racetracks.
Saturday, October 22, 2011
Spherion: Worker confidence holds steady in June - South Florida Business Journal:
awipekyhila.blogspot.com
of a point to 48, according to the Spherion EmployeeConfidenced Index, which measures workers' confidence in their personakl employment situation and optimism in the economicc environment. The index finds that while slightly more workers believe the economy is gettin weaker and fewer jobsare available, more workerds are confident in the future of their current employer. "Althougy our latest Index shows little change fromlast month, it stilol remains 1.9 points higher than its reading one year President and CEO Roy Krause said in a news "While there may be signs of a lighft at the end of the a turnaround will not be felt quickly.
” The results of the surveyh come amid mixed economic news. The on Thursday pegged the nation’s unemploymen t at a 26-year At the same time, the reported on Wednesday that pendingf home saleswere up. Forty percent of workerx believe the economy isgetting weaker, up from 38 percentf in the previous Seventy-two percent of workers believe there are fewerd jobs available, up one percentagew point from May. Sixty-sixd percent of workers reporterd confidence in the future of their current up from 63 percenrt theprevious month. Thirty-five percent of workers are likely to look for a new job in the next 12 up one percentage pointfrom May.
of a point to 48, according to the Spherion EmployeeConfidenced Index, which measures workers' confidence in their personakl employment situation and optimism in the economicc environment. The index finds that while slightly more workers believe the economy is gettin weaker and fewer jobsare available, more workerds are confident in the future of their current employer. "Althougy our latest Index shows little change fromlast month, it stilol remains 1.9 points higher than its reading one year President and CEO Roy Krause said in a news "While there may be signs of a lighft at the end of the a turnaround will not be felt quickly.
” The results of the surveyh come amid mixed economic news. The on Thursday pegged the nation’s unemploymen t at a 26-year At the same time, the reported on Wednesday that pendingf home saleswere up. Forty percent of workerx believe the economy isgetting weaker, up from 38 percentf in the previous Seventy-two percent of workers believe there are fewerd jobs available, up one percentagew point from May. Sixty-sixd percent of workers reporterd confidence in the future of their current up from 63 percenrt theprevious month. Thirty-five percent of workers are likely to look for a new job in the next 12 up one percentage pointfrom May.
Thursday, October 20, 2011
Salary bump will accompany White back to top port job - Baltimore Business Journal:
mcfarlainofuqub1258.blogspot.com
When current Executive Director Brooks Royster took over twoyears ago, he negotiated a salaru increase for the position from $174,000 to White left for the private sector, where many expecte him to stay because of the significantly higher He spent the last two years as senior vice presidentt and COO of N.J.-based The salary was ratified by the , the seven-membert group that oversees the state's maritimew agency, in an executive session Tuesday morning, said Richardf Scher, MPA's director of White starts work at the port Aug. 1. Formert Gov. Parris Glendening appointed White to head the port in but White resignedunder Gov. Robertg Ehrlich in 2005.
Royster announced he would step down June 26 forpoliticall reasons, igniting discussions of bringing White back. While no search committee was announcex fora replacement, formed Congresswoman and maritime consultant Helen Bentley said she didn'tt expect White to leave the privat sector. But less than two weeks after Royster' resignation, Gov. Martin O'Malley appointe d White to the post. White'z return was lauded by the port community.
He is crediter with helping to establishthe port'xs eminence in roll-on/roll-of cargo, establishing long-term relationships with shippersa like Wallenius Wilhelmsen Logistics and developing an anti-terrorism focusexd security program after Sept. 11, 2001. Under port cargo grew to record with record-setting tonnage for five consecutivee years. The port handled a record 9.3 million tons of foreign genera l cargo in 2006 and total cargl was valued at arecord $36.
7
When current Executive Director Brooks Royster took over twoyears ago, he negotiated a salaru increase for the position from $174,000 to White left for the private sector, where many expecte him to stay because of the significantly higher He spent the last two years as senior vice presidentt and COO of N.J.-based The salary was ratified by the , the seven-membert group that oversees the state's maritimew agency, in an executive session Tuesday morning, said Richardf Scher, MPA's director of White starts work at the port Aug. 1. Formert Gov. Parris Glendening appointed White to head the port in but White resignedunder Gov. Robertg Ehrlich in 2005.
Royster announced he would step down June 26 forpoliticall reasons, igniting discussions of bringing White back. While no search committee was announcex fora replacement, formed Congresswoman and maritime consultant Helen Bentley said she didn'tt expect White to leave the privat sector. But less than two weeks after Royster' resignation, Gov. Martin O'Malley appointe d White to the post. White'z return was lauded by the port community.
He is crediter with helping to establishthe port'xs eminence in roll-on/roll-of cargo, establishing long-term relationships with shippersa like Wallenius Wilhelmsen Logistics and developing an anti-terrorism focusexd security program after Sept. 11, 2001. Under port cargo grew to record with record-setting tonnage for five consecutivee years. The port handled a record 9.3 million tons of foreign genera l cargo in 2006 and total cargl was valued at arecord $36.
7
Tuesday, October 18, 2011
Ritter, oil biz try to work it out - Denver Business Journal:
viktorevaikubuwo.blogspot.com
The war of wordss between the two sides, mostly focused on the wholesale rewriteof Colorado’xs regulations governing oil and gas got bad enough that even Denverr Mayor John Hickenlooper — a former petroleum geologist — wadedx into the storm. Hickenlooper said he’se talked to people in the oil and gas industrgy as well asthe governor’z office “to make sure that everyone has an open mind.” “The key is workint out the appropriate compromise,” said Hickenlooper, who worked as a petroleum geologisyt in the 1980s before starting the “This is improvingh week by week.
The industry and the governor are talkiny and working through the issues on the rulesa andthe taxes. Oil and gas have historicallyg played a very significant and we recognize the important contributions that they but they should also shoulder theirr share of the burdenas well.” At stakse may be the future of oil and gas investmenyt in Colorado, which has grown to a $23 billion-a-year industry but is threatened by proposed movesw by Ritter’s administration that oil and gas industry executivese say have them looking elsewhere.
Recenty discussions between the industry and administration may have delayed or preventedx what oil and gas executives say are the most Draconiaj measures in theproposed rules, but some additionao issues remain unresolved. • When the new rulews are in place, questions remain about how they’lkl be implemented once real drilling permit applications representing millions of dollarsin investment, and jobs are at stake. • In voters will face two ballot measures dealing with statee taxes on oil and gas pumped from the groundbeneath Colorado.
One Amendment 58, would raise the tax by an estimated $321 millionb a year — lifting Colorado’s overall tax burdehn on the industry to second in the nationbehinxd Wyoming, according to the industry — and spendc the bulk of the money on college scholarships, plus otheer efforts. The second, Amendment 52, wouldn’t raise severancse taxes but redistribute the monet alreadycoming in, with an eye towardf raising funds to fix Interstate 70.
• And it’s corporate budge season for 2009capital expenditures, a time when companiees with operations in several states weig h the pros and cons of taxes, resourcex and business climate as they distribute billions of dollarsx worth of investment in drillingt rigs, personnel, pipelines and more. With so much in play and at “uncertainty” is the industrg watchword. “One of our biggest concerns about the rules is that they will cause inordinate which will make Colorado less attractive because of all the other interesting oil and gas play goingon elsewhere,” said Meg Collins, president of the “People throw around the big profit numbers, but thers are big state and federal numbers behind and big investment dollars behind If the rules become too those dollars will go to statews that are more attractive and have a more rational regulatory environment.
We want to improve the final and we appreciate the work going on toward that Collins said COGA members were pleased that some of theirf recommendationswere adopted, and that it appearx a proposed 90-day drilling moratorium to protectt wildlife may be shifted from a mandate to a list of “best practices,” and possibly still be the subject of additionao discussion before implementation. “The relationship has much improved,” Ritter agreed. “The votes on the rules [by the oil and gas — and 95 percent of the votes were unanimous the votes reflect thework that’s been done over the summedr to work to get to commonj ground. We’ve worked very hard.
” Ritter and Collinzs said part of the bitterness in the past year stemmed from so much changew comingso quickly. “It’s a law of contrasts,” Rittet said. “This is a different governor with adifferentt administration, one that understands the need to have a viable but doesn’t think it should be able to have its way or have the kind of growth that we’ve experienced without Colorado having its fair share.
” A “faird share” for Colorado has been the clarionj cry for Amendment 58, to raisse the state’s oil and gas severancre taxes by eliminating an exemption based on locak property tax payments that’s worthj an estimated $321 million. Ritter is backinf the initiative, even helping delivert boxes of petitions to the Coloradop Secretaryof State’s Office. The industry has opposedc it, giving about $10 millionb to the opposition campaign. Supporters of Amendment 58 saythe industry’as tax exemption is a relicf from the 1970s.
An industry study says eliminatinyg the exemption wouldraise Colorado’s tax burden on oil and gas companiesa to second in the natiomn — behind only Wyoming.
The war of wordss between the two sides, mostly focused on the wholesale rewriteof Colorado’xs regulations governing oil and gas got bad enough that even Denverr Mayor John Hickenlooper — a former petroleum geologist — wadedx into the storm. Hickenlooper said he’se talked to people in the oil and gas industrgy as well asthe governor’z office “to make sure that everyone has an open mind.” “The key is workint out the appropriate compromise,” said Hickenlooper, who worked as a petroleum geologisyt in the 1980s before starting the “This is improvingh week by week.
The industry and the governor are talkiny and working through the issues on the rulesa andthe taxes. Oil and gas have historicallyg played a very significant and we recognize the important contributions that they but they should also shoulder theirr share of the burdenas well.” At stakse may be the future of oil and gas investmenyt in Colorado, which has grown to a $23 billion-a-year industry but is threatened by proposed movesw by Ritter’s administration that oil and gas industry executivese say have them looking elsewhere.
Recenty discussions between the industry and administration may have delayed or preventedx what oil and gas executives say are the most Draconiaj measures in theproposed rules, but some additionao issues remain unresolved. • When the new rulews are in place, questions remain about how they’lkl be implemented once real drilling permit applications representing millions of dollarsin investment, and jobs are at stake. • In voters will face two ballot measures dealing with statee taxes on oil and gas pumped from the groundbeneath Colorado.
One Amendment 58, would raise the tax by an estimated $321 millionb a year — lifting Colorado’s overall tax burdehn on the industry to second in the nationbehinxd Wyoming, according to the industry — and spendc the bulk of the money on college scholarships, plus otheer efforts. The second, Amendment 52, wouldn’t raise severancse taxes but redistribute the monet alreadycoming in, with an eye towardf raising funds to fix Interstate 70.
• And it’s corporate budge season for 2009capital expenditures, a time when companiees with operations in several states weig h the pros and cons of taxes, resourcex and business climate as they distribute billions of dollarsx worth of investment in drillingt rigs, personnel, pipelines and more. With so much in play and at “uncertainty” is the industrg watchword. “One of our biggest concerns about the rules is that they will cause inordinate which will make Colorado less attractive because of all the other interesting oil and gas play goingon elsewhere,” said Meg Collins, president of the “People throw around the big profit numbers, but thers are big state and federal numbers behind and big investment dollars behind If the rules become too those dollars will go to statews that are more attractive and have a more rational regulatory environment.
We want to improve the final and we appreciate the work going on toward that Collins said COGA members were pleased that some of theirf recommendationswere adopted, and that it appearx a proposed 90-day drilling moratorium to protectt wildlife may be shifted from a mandate to a list of “best practices,” and possibly still be the subject of additionao discussion before implementation. “The relationship has much improved,” Ritter agreed. “The votes on the rules [by the oil and gas — and 95 percent of the votes were unanimous the votes reflect thework that’s been done over the summedr to work to get to commonj ground. We’ve worked very hard.
” Ritter and Collinzs said part of the bitterness in the past year stemmed from so much changew comingso quickly. “It’s a law of contrasts,” Rittet said. “This is a different governor with adifferentt administration, one that understands the need to have a viable but doesn’t think it should be able to have its way or have the kind of growth that we’ve experienced without Colorado having its fair share.
” A “faird share” for Colorado has been the clarionj cry for Amendment 58, to raisse the state’s oil and gas severancre taxes by eliminating an exemption based on locak property tax payments that’s worthj an estimated $321 million. Ritter is backinf the initiative, even helping delivert boxes of petitions to the Coloradop Secretaryof State’s Office. The industry has opposedc it, giving about $10 millionb to the opposition campaign. Supporters of Amendment 58 saythe industry’as tax exemption is a relicf from the 1970s.
An industry study says eliminatinyg the exemption wouldraise Colorado’s tax burden on oil and gas companiesa to second in the natiomn — behind only Wyoming.
Sunday, October 16, 2011
Banks take care, but loans are there for prudent deals - Kansas City Business Journal:
olimstgon.blogspot.com
“I get phone calls often from people who say they heared no one islendinvg money, and I’m constantly tryinvg to dispel that rumor,” said Pam Berneking, centralo region president of . “The last thing we want is for businessesa or individuals who want to buy a house ora car, or to expans their business to accommodate to think that they can’t get that done. Becausr they can.” The bank’s parent, , originatedf $1.3 billion in new loans sincs itaccepted $1.7 billion from the ’s Troublede Asset Relief Program on Nov.
14, Berneking The perception thatloans aren’t being made anymore comes from credit guidelines adapting to economic conditions, she said. “What has changed is there has been a returnb to traditionally appropriatecredit guidelines,” Berneking said. “I’k being careful not to say lending standardxsare tight. Are they tight compared to the lastfew years? Yes. But they aren’t tight compared to what has historically Really, we’re getting back to a more normall place.” Marc Maun, president of , said the bank’e focus shifted from trying to capturde market share to improvingasset quality.
It has led to financial covenants and guarantees related to collateral value becomingvmore restrictive, he said. There’s also been an effect on loan “The rate a borrower pays may be lower, but the actuakl rate they pay over the cost of fundsis higher,” Maun “That is reflective of the pendulumk swinging related to risk. For the same banks now feel they need greater compensation than when the economy was better. That is related not just to borrowers but the overallo risk profileat banks.
” Tim president of Leawood-based business broker , said the dealsw he works on that are less than $10 million are more insulatedf from tighter lending standards than the much bigger deals. “Wr have some local lenders who have acted prudently with theierbalance sheets, so they aren’gt having to backpedal as much with their lending,” Skarda said. “Banks are scrutinizing deals closerthan before, but for the righrt deal, where the price can be justified, there are loans out It may be a little tighter, but it’s reallyy not a spigot on or off type of It’s more deal-by-deal scrutiny.
” Maun saying that banks are especially willint to work with longtime existin customers. “If there is good management and an issue is truly related to thepoor economy, and it’s eviden t that as the economy returns so will the bottom line for the companyy with good management, a lot of banks are workingy with these folks,” Maun said. John Blaylock, associate directo r of Sheshonoff & Co. Investment Banking in Texas, said banks don’t make any money if they aren’t making “If I’m a builder walking into a bank and askinfg fora $1 million line of credit to buils three spec homes, I’m probably not going to get that Blaylock said.
“But people who have the capacity to repay and meet the necessarh qualifications are going to geta loan.” One reasonb it appears banks aren’t lending as much is becauses loan demand is decreasing, he “Loan requests aren’t coming in as hot and heavy as they were this time last Blaylock said. “When you lose 77,000 jobs in one day, thered are that many less eligiblre borrowers that can come to the Bernekingfrom M&I saying it also affects the willingness of companies to invest in equipment or expanr their facilities.
“Obviously, if businesses are not feelingy the needto expand, their demand for loans is goingy to be less,” Berneking “That’s a normal process that lendintg and the economy go through together.” Merger-and-acquisition activity is slow right now, Skardqa said, but there are some people out shopping for Some high-net-worth executives who got laid off are lookiny to acquire businesses, and banks are willing to work with them if the deal is Skarda also said that the tight credit market puts some companieds under stress and that theirr stronger competitors might be willing to borrow in orde to acquire them.
Mortgagre refinancing activity alsois strong, Berneking said. “I see that as a good and hopefully that will lead to somepurchasing activity,” Berneking said.
“I get phone calls often from people who say they heared no one islendinvg money, and I’m constantly tryinvg to dispel that rumor,” said Pam Berneking, centralo region president of . “The last thing we want is for businessesa or individuals who want to buy a house ora car, or to expans their business to accommodate to think that they can’t get that done. Becausr they can.” The bank’s parent, , originatedf $1.3 billion in new loans sincs itaccepted $1.7 billion from the ’s Troublede Asset Relief Program on Nov.
14, Berneking The perception thatloans aren’t being made anymore comes from credit guidelines adapting to economic conditions, she said. “What has changed is there has been a returnb to traditionally appropriatecredit guidelines,” Berneking said. “I’k being careful not to say lending standardxsare tight. Are they tight compared to the lastfew years? Yes. But they aren’t tight compared to what has historically Really, we’re getting back to a more normall place.” Marc Maun, president of , said the bank’e focus shifted from trying to capturde market share to improvingasset quality.
It has led to financial covenants and guarantees related to collateral value becomingvmore restrictive, he said. There’s also been an effect on loan “The rate a borrower pays may be lower, but the actuakl rate they pay over the cost of fundsis higher,” Maun “That is reflective of the pendulumk swinging related to risk. For the same banks now feel they need greater compensation than when the economy was better. That is related not just to borrowers but the overallo risk profileat banks.
” Tim president of Leawood-based business broker , said the dealsw he works on that are less than $10 million are more insulatedf from tighter lending standards than the much bigger deals. “Wr have some local lenders who have acted prudently with theierbalance sheets, so they aren’gt having to backpedal as much with their lending,” Skarda said. “Banks are scrutinizing deals closerthan before, but for the righrt deal, where the price can be justified, there are loans out It may be a little tighter, but it’s reallyy not a spigot on or off type of It’s more deal-by-deal scrutiny.
” Maun saying that banks are especially willint to work with longtime existin customers. “If there is good management and an issue is truly related to thepoor economy, and it’s eviden t that as the economy returns so will the bottom line for the companyy with good management, a lot of banks are workingy with these folks,” Maun said. John Blaylock, associate directo r of Sheshonoff & Co. Investment Banking in Texas, said banks don’t make any money if they aren’t making “If I’m a builder walking into a bank and askinfg fora $1 million line of credit to buils three spec homes, I’m probably not going to get that Blaylock said.
“But people who have the capacity to repay and meet the necessarh qualifications are going to geta loan.” One reasonb it appears banks aren’t lending as much is becauses loan demand is decreasing, he “Loan requests aren’t coming in as hot and heavy as they were this time last Blaylock said. “When you lose 77,000 jobs in one day, thered are that many less eligiblre borrowers that can come to the Bernekingfrom M&I saying it also affects the willingness of companies to invest in equipment or expanr their facilities.
“Obviously, if businesses are not feelingy the needto expand, their demand for loans is goingy to be less,” Berneking “That’s a normal process that lendintg and the economy go through together.” Merger-and-acquisition activity is slow right now, Skardqa said, but there are some people out shopping for Some high-net-worth executives who got laid off are lookiny to acquire businesses, and banks are willing to work with them if the deal is Skarda also said that the tight credit market puts some companieds under stress and that theirr stronger competitors might be willing to borrow in orde to acquire them.
Mortgagre refinancing activity alsois strong, Berneking said. “I see that as a good and hopefully that will lead to somepurchasing activity,” Berneking said.
Thursday, October 13, 2011
Four ownership groups show interest in Coyotes, sale could keep NHL team in Glendale - Charlotte Business Journal:
http://prostozidarstvo.si/?ln=&s=4
NHL court filings with the U.S Bankruptcy Cour t handling the Coyotes Chapter 11 bankruptcy protection includee a list of possible owners that woulcd keep the teamin Arizona. They Howard Sokolowski and David Cynamon, ownerx of the Canadian Football League's Toronto Chicago White Sox ownerJerry Reinsdorf; Coyotes minoritt owner John Breslow; and an unname d Phoenix-area business executive as possible bidders. Researcy in Motion CEO Jim Balsillie alreadyu hasa $213 million offer on the tablse for the Coyotes and wouldx move the team to Hamilton, Ontario. The Coyotes have lost $316 milliob since moving to the Phoenic marketfrom Winnipeg, Canada, in 1996.
Balsillie'd offer is expected to be substantially greatetr than any offer to keep the team in RIM makes Blackberry smartphones and Balsillied is a billionaire who has made offers for otheNHL teams. The NHL also got more legal back up Fridahyfrom , the and National Basketbalo Assocation. The professional sports leagues arguwe in court filings that they shoulx have control overfranchises sales, movea and relocations in order to maintain the economifc viability of their The NHL opposes Balsillie's effor to move the Phoenix franchise back to Canada.
Coyotesa owner Jerry Moyes also said in June 5 courtg filings thata $100 milion cash infusion he has put into the team shoulrd be treated as a debt the hockegy team's reorganization should reimburse him for. Moyes wants to sell the Coyotexs to Balsillie who contendsa hockey is not financially viablein Moyes' court filings also downplayed a $750 millioh lease penalty the city of Glendale could file for if the Coyotexs break their 30-year lease at Jobing.com Arena. Moyes and Balsillie want the bankruptcy court to discharge the leasd as part ofthe team's Chaptef 11.
NHL court filings with the U.S Bankruptcy Cour t handling the Coyotes Chapter 11 bankruptcy protection includee a list of possible owners that woulcd keep the teamin Arizona. They Howard Sokolowski and David Cynamon, ownerx of the Canadian Football League's Toronto Chicago White Sox ownerJerry Reinsdorf; Coyotes minoritt owner John Breslow; and an unname d Phoenix-area business executive as possible bidders. Researcy in Motion CEO Jim Balsillie alreadyu hasa $213 million offer on the tablse for the Coyotes and wouldx move the team to Hamilton, Ontario. The Coyotes have lost $316 milliob since moving to the Phoenic marketfrom Winnipeg, Canada, in 1996.
Balsillie'd offer is expected to be substantially greatetr than any offer to keep the team in RIM makes Blackberry smartphones and Balsillied is a billionaire who has made offers for otheNHL teams. The NHL also got more legal back up Fridahyfrom , the and National Basketbalo Assocation. The professional sports leagues arguwe in court filings that they shoulx have control overfranchises sales, movea and relocations in order to maintain the economifc viability of their The NHL opposes Balsillie's effor to move the Phoenix franchise back to Canada.
Coyotesa owner Jerry Moyes also said in June 5 courtg filings thata $100 milion cash infusion he has put into the team shoulrd be treated as a debt the hockegy team's reorganization should reimburse him for. Moyes wants to sell the Coyotexs to Balsillie who contendsa hockey is not financially viablein Moyes' court filings also downplayed a $750 millioh lease penalty the city of Glendale could file for if the Coyotexs break their 30-year lease at Jobing.com Arena. Moyes and Balsillie want the bankruptcy court to discharge the leasd as part ofthe team's Chaptef 11.
Tuesday, October 11, 2011
Suniva CEO: Solar industry closer to grid parity - Atlanta Business Chronicle:
goldenayreyg1666.blogspot.com
While the industry isn’yt quite there, it’s getting close, John CEO of told a gathering of tech entrepreneurs and investors at the ATDC Entrepreneuriall Showcaseon Wednesday. Baumstark shouldd know. He steers a startup that claims to havea lower-cost way to make solad cells. Suniva, which developed technology to make solar celld that can transform more ofthe sun’ws energy into the juice that powera today’s plugged-in world, has racked up $1 billionn in orders from Indian and European solar moduler makers.
In a high-profile deal in Suniva inked a dealwortb “tens of millions of dollars” to supply solar cellss to Aerotropolis Atlanta -- a planned 130-acrew mixed-use redevelopment of the formedr Hapeville Ford plant. “Solar has gotten a knocik about cost,” Baumstark said. In about 25 percent of the U.S. solar energy-fueled electricity “costs about the same as producinh electricity from thelocal utility,” Baumstarkl said, waving a Sunivz cell. “By the end of the “ he said, “based on price drops we’ve seen, half the country will be at grid Suniva’s cell’s sell for about $6 today -- down from about $12 a year ago.
“I thinmk it’s wonderful for the industry,” Baumstark said. “Irt makes it interesting running a companh in that type of an In additionto buzz, Suniva has raised lost of capital -- abour $50 million last year -- and an advised team of industry stars. PM Pai, formefr chief operating office ofSiliconb Valley-based , has joinerd the Suniva’s board. Also on Suniva’s board is Kedar co-founder and former CEO of , “These guys have helpedd open doorsfor us,” Baumstark said. The Suniva CEO left the gatheringy at the Biltmore hotel withsome well-worn advice.
“Cash is king in this environment,” Baumstark “You have to raise the money and you’vee got to be reallyy careful how youspend it.” Differentiation is key -- when Baumstark suggested. “If you can’t articulate how you’re how you’re better or how you can beat somebodyh elseout there, they’re not going to fund you," he
While the industry isn’yt quite there, it’s getting close, John CEO of told a gathering of tech entrepreneurs and investors at the ATDC Entrepreneuriall Showcaseon Wednesday. Baumstark shouldd know. He steers a startup that claims to havea lower-cost way to make solad cells. Suniva, which developed technology to make solar celld that can transform more ofthe sun’ws energy into the juice that powera today’s plugged-in world, has racked up $1 billionn in orders from Indian and European solar moduler makers.
In a high-profile deal in Suniva inked a dealwortb “tens of millions of dollars” to supply solar cellss to Aerotropolis Atlanta -- a planned 130-acrew mixed-use redevelopment of the formedr Hapeville Ford plant. “Solar has gotten a knocik about cost,” Baumstark said. In about 25 percent of the U.S. solar energy-fueled electricity “costs about the same as producinh electricity from thelocal utility,” Baumstarkl said, waving a Sunivz cell. “By the end of the “ he said, “based on price drops we’ve seen, half the country will be at grid Suniva’s cell’s sell for about $6 today -- down from about $12 a year ago.
“I thinmk it’s wonderful for the industry,” Baumstark said. “Irt makes it interesting running a companh in that type of an In additionto buzz, Suniva has raised lost of capital -- abour $50 million last year -- and an advised team of industry stars. PM Pai, formefr chief operating office ofSiliconb Valley-based , has joinerd the Suniva’s board. Also on Suniva’s board is Kedar co-founder and former CEO of , “These guys have helpedd open doorsfor us,” Baumstark said. The Suniva CEO left the gatheringy at the Biltmore hotel withsome well-worn advice.
“Cash is king in this environment,” Baumstark “You have to raise the money and you’vee got to be reallyy careful how youspend it.” Differentiation is key -- when Baumstark suggested. “If you can’t articulate how you’re how you’re better or how you can beat somebodyh elseout there, they’re not going to fund you," he
Sunday, October 9, 2011
Washington Convention Center Authority wants city to finance $550M hotel - Denver Business Journal:
callahamirykaan1884.blogspot.com
On May 29 the convention center’s boarrd directed CEO Greg O’Dell to seek authority for the sale of as muchas $750 millionm in bonds to cover the price of the interest during construction, insurance and other costs. The city had planned to finance abou t 25 percent of the cost of the hotel througga $187 million tax increment financinv package the passed in 2006, whic would have provided $134 million in constructiob costs. The rest was supposed to come from privater debt and equitypartners -- a difficult find in the frozen credit markets. O’Dell said developmentr partners and Capstone Developmeny had been dogged but unsuccessful in their pursuitf of investorsfor months.
“They’ve been pursuing private financing and in this you know, that is very difficult. They’ve spent millions of dollars on this projecg to try to moveit forward. It reallt is shovel ready with the exceptionof O’Dell said. With the city losing convention business, he said, building a city-owned hotel was the best He envisions it will still containabour 1,100 rooms and be operatedf by Marriott had previously said it would be a Marriot t Marquis. O'Dell began briefing members ofthe D.C. Councilp on the board’s proposao Monday.
“Our ultimate goal is to get this projecy done and get it started as soonas possible,” he In particular there is increased pressure from National Harbor in Prince George’s which opened last year with a price tag of more than $2 Its developer, the Peterson Cos. announced May 18 that the WaltDisnety Co. had purchased land to buildd a 500-room resort hotel on 15 acrese there. Convincing the council to approve that amountof however, will be a tall task for He had been considered a top candidatde to replace Neil Albert as deputy mayor for planninfg and economic development, but a sourc close to O'Dell says he was offered the job and turned it O’Dell would not confirm that, but indicated he wouls remain in his curreny post.
“The board and the mayor have every expectatioj of me completing all the tasksd Ihave here,” he said. The convention center authority has an independent board and the abilityt toissue bonds, but O’Delk said the council would need to expand its authorityt to issue bonds for the hotel. The councill and D.C. Mayor Adriaj Fenty just finished closing a budget gapof $800 million for fiscap 2010 and the city faces a gap approaching $1 billion for fiscakl 2011. In addition, D.C.
Chief Financiaol Officer Natwar Gandhi said he will not supportf issuing that amountof debt, which he said woulrd immediately violate a 12 percent cap on city debt as a mark of expenditure the city created on his recommendation last year. Gandhii is a member of the convention centet board and attended theFriday “To be very blunt about it I was very cleard in saying to them that if you were to borrowe $750 million that would put us way beyond the 12 percent cap we have envisioned for the city...ane I cannot be a part y to that,” Gandhi said. The CFO said that he “ver much” wants a hotel for the “but I would not agree to a deallike that.
See we made a commitmenft to Wall Street that we would not borroq more than 12 percent againstour Gandhi, who has won accolades for helpinyg the city snag a AAA bond rating on Wall said he has alread y begun re-emphasizing the importance of the debt cap with membere of the council. “I do not think we want to take this We should not borrow any more than we are able to he said. He suggested that O’Dell and his partnerx continue to seek privatefinancing sources. Building a hotelp to accompany the convention center has always been part of the plan for the city but has languishec from a seriesof complications. Construction on the Walted E.
Washington Convention Center, as it was named in 2007, beganb in 1998 and openes fiveyears later. D.C. planned a 1,400-rookm hotel, but did not control the needed land. In the city gained final site controll after a land swap with developerr KingdonGould III. To prevent further delays Mayor Adrian Fenthy downsized the project laterthat year, announcing a deal betweej the city, Marriott and RLJ Development LLC on a smalleer 1,100-room hotel. Since then, the development team has also RLJ Development, founded by BET founded Robert Johnson, was part of the deal Fenty announcef in September 2007 but isn’r any longer.
A main driver of the Marriott Senior Vice President Norman left the company late last year tostarft Capstone, now a certified business entity that partner s with Quadrangle. Speaking for the developmentg team, Jenkins said it was his preference to continus seekingprivate financing, and said desigh was complete, entitlements were in place and therew equity partners ready to invest if debt were Capstone and Quadrangle are separately planning a Courtyard by Marriott adjacent to the hotep on land they control. “We could stil l get there, but we got to get the banksw to play and they move at theirown pace,” he said.
Still, he “if the city decides to pursure the public deal we will support Jenkinssaid Johnson’s RLJ, with whic Jenkins partnered while at Marriott, pulled out of the deal shortly after taking an interest in it. “Theyg studied it hard, spent some resources, but their bread and butter is acquisitions and repositioning rather than new Jenkins said. Richard Bradley, executivew director of the Downtown BusinessImprovemengt District, said it is unfortunate that the hotel projectt ran into the recession but that the city needs to “bited the bullet” and move the project citing the opportunity to grow D.C.
as a tourist destination, make it a major player in conventionsx and grow itstax base. “There’ a whole set of good things about moving this he said.
On May 29 the convention center’s boarrd directed CEO Greg O’Dell to seek authority for the sale of as muchas $750 millionm in bonds to cover the price of the interest during construction, insurance and other costs. The city had planned to finance abou t 25 percent of the cost of the hotel througga $187 million tax increment financinv package the passed in 2006, whic would have provided $134 million in constructiob costs. The rest was supposed to come from privater debt and equitypartners -- a difficult find in the frozen credit markets. O’Dell said developmentr partners and Capstone Developmeny had been dogged but unsuccessful in their pursuitf of investorsfor months.
“They’ve been pursuing private financing and in this you know, that is very difficult. They’ve spent millions of dollars on this projecg to try to moveit forward. It reallt is shovel ready with the exceptionof O’Dell said. With the city losing convention business, he said, building a city-owned hotel was the best He envisions it will still containabour 1,100 rooms and be operatedf by Marriott had previously said it would be a Marriot t Marquis. O'Dell began briefing members ofthe D.C. Councilp on the board’s proposao Monday.
“Our ultimate goal is to get this projecy done and get it started as soonas possible,” he In particular there is increased pressure from National Harbor in Prince George’s which opened last year with a price tag of more than $2 Its developer, the Peterson Cos. announced May 18 that the WaltDisnety Co. had purchased land to buildd a 500-room resort hotel on 15 acrese there. Convincing the council to approve that amountof however, will be a tall task for He had been considered a top candidatde to replace Neil Albert as deputy mayor for planninfg and economic development, but a sourc close to O'Dell says he was offered the job and turned it O’Dell would not confirm that, but indicated he wouls remain in his curreny post.
“The board and the mayor have every expectatioj of me completing all the tasksd Ihave here,” he said. The convention center authority has an independent board and the abilityt toissue bonds, but O’Delk said the council would need to expand its authorityt to issue bonds for the hotel. The councill and D.C. Mayor Adriaj Fenty just finished closing a budget gapof $800 million for fiscap 2010 and the city faces a gap approaching $1 billion for fiscakl 2011. In addition, D.C.
Chief Financiaol Officer Natwar Gandhi said he will not supportf issuing that amountof debt, which he said woulrd immediately violate a 12 percent cap on city debt as a mark of expenditure the city created on his recommendation last year. Gandhii is a member of the convention centet board and attended theFriday “To be very blunt about it I was very cleard in saying to them that if you were to borrowe $750 million that would put us way beyond the 12 percent cap we have envisioned for the city...ane I cannot be a part y to that,” Gandhi said. The CFO said that he “ver much” wants a hotel for the “but I would not agree to a deallike that.
See we made a commitmenft to Wall Street that we would not borroq more than 12 percent againstour Gandhi, who has won accolades for helpinyg the city snag a AAA bond rating on Wall said he has alread y begun re-emphasizing the importance of the debt cap with membere of the council. “I do not think we want to take this We should not borrow any more than we are able to he said. He suggested that O’Dell and his partnerx continue to seek privatefinancing sources. Building a hotelp to accompany the convention center has always been part of the plan for the city but has languishec from a seriesof complications. Construction on the Walted E.
Washington Convention Center, as it was named in 2007, beganb in 1998 and openes fiveyears later. D.C. planned a 1,400-rookm hotel, but did not control the needed land. In the city gained final site controll after a land swap with developerr KingdonGould III. To prevent further delays Mayor Adrian Fenthy downsized the project laterthat year, announcing a deal betweej the city, Marriott and RLJ Development LLC on a smalleer 1,100-room hotel. Since then, the development team has also RLJ Development, founded by BET founded Robert Johnson, was part of the deal Fenty announcef in September 2007 but isn’r any longer.
A main driver of the Marriott Senior Vice President Norman left the company late last year tostarft Capstone, now a certified business entity that partner s with Quadrangle. Speaking for the developmentg team, Jenkins said it was his preference to continus seekingprivate financing, and said desigh was complete, entitlements were in place and therew equity partners ready to invest if debt were Capstone and Quadrangle are separately planning a Courtyard by Marriott adjacent to the hotep on land they control. “We could stil l get there, but we got to get the banksw to play and they move at theirown pace,” he said.
Still, he “if the city decides to pursure the public deal we will support Jenkinssaid Johnson’s RLJ, with whic Jenkins partnered while at Marriott, pulled out of the deal shortly after taking an interest in it. “Theyg studied it hard, spent some resources, but their bread and butter is acquisitions and repositioning rather than new Jenkins said. Richard Bradley, executivew director of the Downtown BusinessImprovemengt District, said it is unfortunate that the hotel projectt ran into the recession but that the city needs to “bited the bullet” and move the project citing the opportunity to grow D.C.
as a tourist destination, make it a major player in conventionsx and grow itstax base. “There’ a whole set of good things about moving this he said.
Friday, October 7, 2011
Master Gardener: Plant bulbs now for spring - San Jose Mercury News
gardellaorymiid1354.blogspot.com
Victoria Advocate | Master Gardener: Plant bulbs now for spring San Jose Mercury News (lj) 2005 F » |
Wednesday, October 5, 2011
Tim Fagan Makes Move from HomeFinder.com to CouponCabin.com - AIM Group
amesit.wordpress.com
Tim Fagan Makes Move from HomeFinder.com to CouponCabin.com AIM Group Prior to joining CouponCabin.com http://couponcabin.com/, Fagan served as President and Chief Executive Officer of HomeFinder.com , a leading online real estate listings destination based in Chicago, a role he has served since 2006. ... |
Monday, October 3, 2011
Treasury lets 10 banks repay $68B - Baltimore Business Journal:
ihituvofy.wordpress.com
According to MarketWatch, and are not among them. The department says the which it did not have met the requirements for repayment established by federakbanking supervisors. It says many banks recentlyu have raised equity capital from privat investors and haveissued long-term debt that is not guaranteecd by the government. “Theses repayments are an encouraging sign offinancial repair, but we still have work to Treasury Secretary Tim Geithner says. According to the banks permitted to pay back the funds are JPMorgabChase & Co., Goldmab Sachs Group Inc., Morgan Stanley, American Bank of New York Mellon, State Street, US Bancorp, BB& Corp., Capital One Financialk Corp.
and Northern Trust. More than 600 banks receivede a total ofnearly $200 billion through the department’z Troubled Asset Relief Program. About $2 billionb of that money was paidback previously. Charlotte-based BofA received a total of $45 billion througnh the program. San Francisco-basefd Wells Fargo (NYSE:WFC), which acquired of Charlott latelast year, got $25 billion from the TARP which is designed to thaw the creditt markets and boost the economy. Under the banks retiring their preferred stock can repurchase the warrantes held by theTreasury Department. Besides the proceedsa from the sales ofthe warrants, the department also has receivex $4.
5 billion in dividend payments from progranm participants. Proceeds from the repaymentxs will go to theTreasury Department’ds general fund. The funds can be used to reduced the national debt and can serve as a cushionb in case the departmen needs to respond to financiak emergencies inthe future, the department
According to MarketWatch, and are not among them. The department says the which it did not have met the requirements for repayment established by federakbanking supervisors. It says many banks recentlyu have raised equity capital from privat investors and haveissued long-term debt that is not guaranteecd by the government. “Theses repayments are an encouraging sign offinancial repair, but we still have work to Treasury Secretary Tim Geithner says. According to the banks permitted to pay back the funds are JPMorgabChase & Co., Goldmab Sachs Group Inc., Morgan Stanley, American Bank of New York Mellon, State Street, US Bancorp, BB& Corp., Capital One Financialk Corp.
and Northern Trust. More than 600 banks receivede a total ofnearly $200 billion through the department’z Troubled Asset Relief Program. About $2 billionb of that money was paidback previously. Charlotte-based BofA received a total of $45 billion througnh the program. San Francisco-basefd Wells Fargo (NYSE:WFC), which acquired of Charlott latelast year, got $25 billion from the TARP which is designed to thaw the creditt markets and boost the economy. Under the banks retiring their preferred stock can repurchase the warrantes held by theTreasury Department. Besides the proceedsa from the sales ofthe warrants, the department also has receivex $4.
5 billion in dividend payments from progranm participants. Proceeds from the repaymentxs will go to theTreasury Department’ds general fund. The funds can be used to reduced the national debt and can serve as a cushionb in case the departmen needs to respond to financiak emergencies inthe future, the department
Saturday, October 1, 2011
Someone will be seeing red Saturday night - Chicago Tribune
lyubomiradete.blogspot.com
Someone will be seeing red Saturday night Chicago Tribune Bears cornerback Zack Bowman has no objection to seeing a reddish college sweatshirt worn around Halas Hall next week. It's just that the former Nebraska standout would prefer the letters on that sweatshirt don't spell out the word Badgers. ... |
Wednesday, September 28, 2011
Head of Vail Resorts lodging division leaving - Denver Business Journal:
idellecromwell1991.blogspot.com
Brown's departure from Broomfield-based Vail Resorts (NYSE: MTN) is effectivr June 19, the company said Friday. Browmn will become COO of Ore.-based Holiday Retirement, which operates some 300 retirement communities acrosse the United Statesand Canada. "Stan has been a great leadefr in helping to drive the succesxs and growth of our hospitality operations over the pasttwo years," Rob CEO of Vail Resorts, said in a statement. "Hde leaves behind an organization which has created a new levep of brand excellence and the utmosg commitment to the guest experiencew acrossour properties.
I am very appreciative that Stan has positionedf our lodging effortsfor long-term growth and success and I wish him the best at his new Brown is departing as president of the company's and Vail Resorts Lodging Co. units. RockResorts includes hotelss in resort areas across the United Stateds andthe Caribbean, including Aspen'a ; the Lodge and the Arrabelle in Vail; and the in Jacksohn Hole, Wyo. Vail Resorts Lodgingg operates lodgings atthe company's mountain resorts, including Vail, Beaver Creek, Breckenridgs and Keystone, Colo.; and Heavenly, Brown was appointed executive VP and COO of the lodgingf division in June 2007 before becoming presidenr in October 2008.
Katz will oversees operation of the division until a permanent successoris found.
Brown's departure from Broomfield-based Vail Resorts (NYSE: MTN) is effectivr June 19, the company said Friday. Browmn will become COO of Ore.-based Holiday Retirement, which operates some 300 retirement communities acrosse the United Statesand Canada. "Stan has been a great leadefr in helping to drive the succesxs and growth of our hospitality operations over the pasttwo years," Rob CEO of Vail Resorts, said in a statement. "Hde leaves behind an organization which has created a new levep of brand excellence and the utmosg commitment to the guest experiencew acrossour properties.
I am very appreciative that Stan has positionedf our lodging effortsfor long-term growth and success and I wish him the best at his new Brown is departing as president of the company's and Vail Resorts Lodging Co. units. RockResorts includes hotelss in resort areas across the United Stateds andthe Caribbean, including Aspen'a ; the Lodge and the Arrabelle in Vail; and the in Jacksohn Hole, Wyo. Vail Resorts Lodgingg operates lodgings atthe company's mountain resorts, including Vail, Beaver Creek, Breckenridgs and Keystone, Colo.; and Heavenly, Brown was appointed executive VP and COO of the lodgingf division in June 2007 before becoming presidenr in October 2008.
Katz will oversees operation of the division until a permanent successoris found.
Monday, September 26, 2011
Comair expects 100 additional furloughs - Dayton Business Journal:
ykyhola.blogspot.com
The announcement follows a memo July 6 by PresidenrtJohn Bendoraitis, who said that under the circumstances, additiona furloughs would be unavoidable. Delta (NYSE: DAL) on July 2 said it woule cut September capacity out ofthe Cincinnati/Northern Kentucky Internationapl Airport by 17 percent. That includes the elimination of flight s as close as Dayton andas far-off as Amsterdam (in It will result in a decline in peak-dayy flights to 215 in September, from 270 in In his memo, Bendoraitis said Comair in the second half of Augusr expects to see a 9 percenf decline in block hours (hourds during which the planes are earning Come September, he expects a 20 percent declinse in block hours from the beginninhg of August.
Comair does not expect furloughws amongflight attendants. Spokeswomanh Christine Wever, in an e-mail, said the carrierf is working withthe “to explore everyy avenue for mitigating the impact. “The numberf of furloughs could be reduced basesd on the voluntary options we are able to put in she wrote.
The announcement follows a memo July 6 by PresidenrtJohn Bendoraitis, who said that under the circumstances, additiona furloughs would be unavoidable. Delta (NYSE: DAL) on July 2 said it woule cut September capacity out ofthe Cincinnati/Northern Kentucky Internationapl Airport by 17 percent. That includes the elimination of flight s as close as Dayton andas far-off as Amsterdam (in It will result in a decline in peak-dayy flights to 215 in September, from 270 in In his memo, Bendoraitis said Comair in the second half of Augusr expects to see a 9 percenf decline in block hours (hourds during which the planes are earning Come September, he expects a 20 percent declinse in block hours from the beginninhg of August.
Comair does not expect furloughws amongflight attendants. Spokeswomanh Christine Wever, in an e-mail, said the carrierf is working withthe “to explore everyy avenue for mitigating the impact. “The numberf of furloughs could be reduced basesd on the voluntary options we are able to put in she wrote.
Saturday, September 24, 2011
Bunge building Washington grain terminal - Business First of Columbus:
meaning-sarajevo.blogspot.com
Called EGT Development, the projectf will be the first export terminal built in the United States in more than two The terminal will be capable ofhandling grain, oilseede and protein meals and feature a rail loop trackj unloading system capable of holding four 110-cadr trains. ITOCHU is the second largest marketer of grain and food products in and STX Pan Ocean of Korea shipssagricultural products. Bunge has oilseed processing assets in an ownership stake in the Phu My port in Vietnam and is a significant seller into theAsiaj market. Bunge is the majority partnere inthe project.
The grai terminal will create about 50 jobs and providesabout $2 million in tax said Bailey Ragan, vice presidentt and general manager of Bunge Construction will begin this month with the facilitgy accepting product for the fall 2011 St. Louis-based Bunge North the North American operatingb arm ofWhite Plains, N.Y.-based (NYSE: BG), is a food and feed ingredientt company that operates grain grain and oilseed processingt plants, refineries and food processing facilitiews in the U.S., Canada and Mexico. Alberto Weisser is chairmann and CEO of Bunge Carl Hausmann is CEO of BungdNorth America.
Called EGT Development, the projectf will be the first export terminal built in the United States in more than two The terminal will be capable ofhandling grain, oilseede and protein meals and feature a rail loop trackj unloading system capable of holding four 110-cadr trains. ITOCHU is the second largest marketer of grain and food products in and STX Pan Ocean of Korea shipssagricultural products. Bunge has oilseed processing assets in an ownership stake in the Phu My port in Vietnam and is a significant seller into theAsiaj market. Bunge is the majority partnere inthe project.
The grai terminal will create about 50 jobs and providesabout $2 million in tax said Bailey Ragan, vice presidentt and general manager of Bunge Construction will begin this month with the facilitgy accepting product for the fall 2011 St. Louis-based Bunge North the North American operatingb arm ofWhite Plains, N.Y.-based (NYSE: BG), is a food and feed ingredientt company that operates grain grain and oilseed processingt plants, refineries and food processing facilitiews in the U.S., Canada and Mexico. Alberto Weisser is chairmann and CEO of Bunge Carl Hausmann is CEO of BungdNorth America.
Thursday, September 22, 2011
Centerbank of Jacksonville N.A. Company Profile | Company Information
iqukikofor.wordpress.com
At CenterBank our focus is on meetiny the financial needs of small businesses right here in Withover 90% of the local economy restingg on the shoulders of small businese we thought it was aboug time that they have a bank that is 100% dedicatex to their needs. In today's worldd of acquisitions and mergers, many banks thinkm bigger is betterwe don't. At CenterBank, we're proud to be a communitty bank, owned by its employees. We're focused on helping smalpl businesses in our community grow and on helping new businessesget started. We'vwe created products and services at CenterBanmk tailored to meet the challenges of runningb and building asmall business.
Each of our customers is assigned aPersonal Banker. And, decisions on loans and other crediyt products are made quicklybecause they'res made right here by people who know your businesx and who know your name. We've also made it our businesx to be open whenyou are, and more importantly be availablw when you need us. We'rre centrally located in San Marco, but you don' t have to visit the brancj to bank withus we'll bring banking to you. Our courier service will pick up your deposits from your placeof business. There's no cut-of time for deposits.
And our online bankinb services, including free cash management and onlinebill pay, are just a couplre of the ways that you can bank whenever it's convenien t for you, any time of the day or night.
At CenterBank our focus is on meetiny the financial needs of small businesses right here in Withover 90% of the local economy restingg on the shoulders of small businese we thought it was aboug time that they have a bank that is 100% dedicatex to their needs. In today's worldd of acquisitions and mergers, many banks thinkm bigger is betterwe don't. At CenterBank, we're proud to be a communitty bank, owned by its employees. We're focused on helping smalpl businesses in our community grow and on helping new businessesget started. We'vwe created products and services at CenterBanmk tailored to meet the challenges of runningb and building asmall business.
Each of our customers is assigned aPersonal Banker. And, decisions on loans and other crediyt products are made quicklybecause they'res made right here by people who know your businesx and who know your name. We've also made it our businesx to be open whenyou are, and more importantly be availablw when you need us. We'rre centrally located in San Marco, but you don' t have to visit the brancj to bank withus we'll bring banking to you. Our courier service will pick up your deposits from your placeof business. There's no cut-of time for deposits.
And our online bankinb services, including free cash management and onlinebill pay, are just a couplre of the ways that you can bank whenever it's convenien t for you, any time of the day or night.
Tuesday, September 20, 2011
Group-buying sites' valuations take a dive, says researcher - CNET
uzirukynurylew.blogspot.com
PhysOrg.com | Group-buying sites' valuations take a dive, says researcher CNET Hot on the heels of Google's acquisition of German bargain site DailyDeal this week, a new report from private company research firm CB Insights reveals that the multitude of daily-deal sites will continue to contract via mergers and acquisitions but ... Google Buys Another Daily Deal Site Google Buys Daily Deals Site |
Sunday, September 18, 2011
Westar Energy seeks $19.7M rate increase - The Business Journal of Milwaukee:
haga-aa8xuq.blogspot.com
million, or 1.5 percent. In a Tuesday release, the Topeka-based electric utility WR) said it seeks the rate increase to recover costa for expenditures in the second phase of its Emporiaa Energy Center andtwo company-owned wind farms in Kansasx that were under construction but not in operation when its 2008 rate case The request, if approved by the KCC, would mean a $9.7 millio increase in the company’s nortbh region, which includes Olathe and and a $10 million increase in its south region, which includes the Wichitaq area, Westar said. A residential customer using 900 kilowatthourse (kWh) in Westar’s north region could expectr an increase of abouty $1.
43 a month, the company In the south a residential customer using 900 kWh could expecyt an increase of 71 centxs a month. If approved, the new average residentiaol rate wouldbe 9.33 centas per kWh for Westar’s nortn region and 9.11 cents per kWh for its south region. The average national residentialk rateis 11.52 cents per kWh, the companyu said. The rate review was part of the agreement reached by all partiex in the2008 case, which the KCC approvedx in January, Westar said.
“Althoughg electric rates are going up, we manages our natural gas plant and wind farm constructiocosts closely, and they came in more than $22 million undeer the original cost estimates and the amountws the KCC indicated would be allowed for recoverh in rates,” Westar CEO Bill Moore said in the release. “Wed continue to work to meet our customers’ electricity needs as well as to develoo Kansas renewableenergy resources.” Westa is the largest electric utility in Kansas, providinvg electric service to about 681,000p customers in the state.
It also has about 6,800 megawatts of electric generation capacity and operatex and coordinates morethan 35,000 milesz of electric distribution and transmissionb lines.
million, or 1.5 percent. In a Tuesday release, the Topeka-based electric utility WR) said it seeks the rate increase to recover costa for expenditures in the second phase of its Emporiaa Energy Center andtwo company-owned wind farms in Kansasx that were under construction but not in operation when its 2008 rate case The request, if approved by the KCC, would mean a $9.7 millio increase in the company’s nortbh region, which includes Olathe and and a $10 million increase in its south region, which includes the Wichitaq area, Westar said. A residential customer using 900 kilowatthourse (kWh) in Westar’s north region could expectr an increase of abouty $1.
43 a month, the company In the south a residential customer using 900 kWh could expecyt an increase of 71 centxs a month. If approved, the new average residentiaol rate wouldbe 9.33 centas per kWh for Westar’s nortn region and 9.11 cents per kWh for its south region. The average national residentialk rateis 11.52 cents per kWh, the companyu said. The rate review was part of the agreement reached by all partiex in the2008 case, which the KCC approvedx in January, Westar said.
“Althoughg electric rates are going up, we manages our natural gas plant and wind farm constructiocosts closely, and they came in more than $22 million undeer the original cost estimates and the amountws the KCC indicated would be allowed for recoverh in rates,” Westar CEO Bill Moore said in the release. “Wed continue to work to meet our customers’ electricity needs as well as to develoo Kansas renewableenergy resources.” Westa is the largest electric utility in Kansas, providinvg electric service to about 681,000p customers in the state.
It also has about 6,800 megawatts of electric generation capacity and operatex and coordinates morethan 35,000 milesz of electric distribution and transmissionb lines.
Friday, September 16, 2011
AutoZone beats the odds with double-digit growth - Nashville Business Journal:
vykyvimote.wordpress.com
million for the quarter, up 9.5% compared to last Earnings per shareincreased 25.9% to $3.13, the company’xs 11th consecutive quarter of double-digitf earnings per share growth. Frank Goodman served as vice presidenrt of business planning and analysis with helping determine newstore locations, before leaving in 2000. “It’e a great mouse trap and they’ver done a great job running it,” he Now a chief portfolio strategistwith , an investment advisory Goodman was part of the team that helpefd AutoZone expand from 500 storea to more than 3,000 locations across the U.S. and Mexico.
When he was AutoZone executives looked at motor vehicles registrations providedby , a data vendor. “So you know where the cars are and then wherr you should consider building a Goodman says. “It’s really quite the advantage to have that mechanical demand feature, so it’s not all the whim of the but it’s also the demands of theirr cars.” At AutoZone’s peak, the companyy was opening a store every day. In the company’s most recenf third quarter, it opened 42 new stores, bringinyg it to 4,172 locations in the U.S. and 168 in The company could open morenext quarter, since store openings are according to Goodman.
“It’s very difficult to get storews open at the end ofthe winter, it’s much easief at the end of the he says. Goodman attributes a large partof AutoZone’as success to the company’s culture of which is an acronym for “What It Takes To Do The Job AutoZone research revealed that a persohn seeking to repair a car would make an averag e 2.3 visits to an auto parts store to get the problejm completely solved. “Usually, that .3 was a visif to a different autoparts store,” Goodmanh says. “So management, understanding this, said that the company had to get the numbeer ofvisits down.
” AutoZone has convinced employees to buile a sales ticket, not just to get the customer to buy uselessw items but to help solve their problem Also, since fear of doing somethingv wrong in do-it-yourself projects is a big concern for employees are trained to be forthcomingg with their automotive knowledge. John R. Lawrence, retaiol analyst at , says another reason AutoZonwe has excelled recently is due to an increase in the numbe of cars whichare seven-eight years old and olde out on the road. “They’rre out of warranty, they have to be fixexd and inthis economy, everybody gets pinchedc and you have to find the cheapest alternative to keep your car Lawrence says.
AutoZone might also be gaining sales fromcar dealerships, and their related service departments, closing. Besides providing auto parts for do-it-yourselv customers, the majority of its business, AutoZone also sells parts to People are also deferring maintenance on their and when they do performthis maintenance, they are ofte buying better quality parts and increasing their purchases at storees like AutoZone. Brian Campbell, AutoZone’s vice presidenf of investor relations, agrees the company has some tailwind in this economy because peoplse are looking tosave money.
“It’ds a healthy one-two punch of the challenges of the economy and spending some dollars to make surethat we’re capturin those customers once they come into our Campbell says. An examplse of this is AutoZone’s domestic same storw sales, which increased 7.4% last quarter. The company’s sales per squard foot, at $58 last quarter, is the highesy in the industry. Campbell attributes that to many factors, but focusesz on the company’s systems.
million for the quarter, up 9.5% compared to last Earnings per shareincreased 25.9% to $3.13, the company’xs 11th consecutive quarter of double-digitf earnings per share growth. Frank Goodman served as vice presidenrt of business planning and analysis with helping determine newstore locations, before leaving in 2000. “It’e a great mouse trap and they’ver done a great job running it,” he Now a chief portfolio strategistwith , an investment advisory Goodman was part of the team that helpefd AutoZone expand from 500 storea to more than 3,000 locations across the U.S. and Mexico.
When he was AutoZone executives looked at motor vehicles registrations providedby , a data vendor. “So you know where the cars are and then wherr you should consider building a Goodman says. “It’s really quite the advantage to have that mechanical demand feature, so it’s not all the whim of the but it’s also the demands of theirr cars.” At AutoZone’s peak, the companyy was opening a store every day. In the company’s most recenf third quarter, it opened 42 new stores, bringinyg it to 4,172 locations in the U.S. and 168 in The company could open morenext quarter, since store openings are according to Goodman.
“It’s very difficult to get storews open at the end ofthe winter, it’s much easief at the end of the he says. Goodman attributes a large partof AutoZone’as success to the company’s culture of which is an acronym for “What It Takes To Do The Job AutoZone research revealed that a persohn seeking to repair a car would make an averag e 2.3 visits to an auto parts store to get the problejm completely solved. “Usually, that .3 was a visif to a different autoparts store,” Goodmanh says. “So management, understanding this, said that the company had to get the numbeer ofvisits down.
” AutoZone has convinced employees to buile a sales ticket, not just to get the customer to buy uselessw items but to help solve their problem Also, since fear of doing somethingv wrong in do-it-yourself projects is a big concern for employees are trained to be forthcomingg with their automotive knowledge. John R. Lawrence, retaiol analyst at , says another reason AutoZonwe has excelled recently is due to an increase in the numbe of cars whichare seven-eight years old and olde out on the road. “They’rre out of warranty, they have to be fixexd and inthis economy, everybody gets pinchedc and you have to find the cheapest alternative to keep your car Lawrence says.
AutoZone might also be gaining sales fromcar dealerships, and their related service departments, closing. Besides providing auto parts for do-it-yourselv customers, the majority of its business, AutoZone also sells parts to People are also deferring maintenance on their and when they do performthis maintenance, they are ofte buying better quality parts and increasing their purchases at storees like AutoZone. Brian Campbell, AutoZone’s vice presidenf of investor relations, agrees the company has some tailwind in this economy because peoplse are looking tosave money.
“It’ds a healthy one-two punch of the challenges of the economy and spending some dollars to make surethat we’re capturin those customers once they come into our Campbell says. An examplse of this is AutoZone’s domestic same storw sales, which increased 7.4% last quarter. The company’s sales per squard foot, at $58 last quarter, is the highesy in the industry. Campbell attributes that to many factors, but focusesz on the company’s systems.
Tuesday, September 13, 2011
Windows 8 details: new features, UI enhancements and everything in between - Engadget
youngmanmeledero1636.blogspot.com
USA Today | Windows 8 details: new features, UI enhancements and everything in between Engadget Today, Windows Division prexy Steven Sinofsky treated Build 2011 attendees to a walkthrough of the various tweaks, subtle or otherwise, Microsoft's made to Windows 8. Staying true to its roots, ... Everything You Need to ! Know About Today's Windows 8 News Everything You Need to Know About Windows 8 in Eight Minutes Everything You Need To Know About Windows 8 In 8 Minutes |
Sunday, September 11, 2011
Grand jury indicts construction contractor - Phoenix Business Journal:
ogarawo.wordpress.com
The U.S. Attorney for Arizona’sx office said Wednesday that the grand jury handed downa 34-counrt indictment against 44-year-old Frank The prosecutor’s office says Anteri has homes in Peoris and Anthem and was presideny of WC Contractors Inc. WC is no longerd in business, according to the Arizonas Corporation Commission, which lists Anterji as CEO ofAnteri Inc. The indictment alleges Anteri trierd to use counterfeit bank and company checksx in attempts to purchase real estate and spend money on his businesw and forpersonal expenses. He also is charged with allegeds bank and mail fraud and could receivea 30-year prisoh term and hefty fines.
A telephone call to a numbere listedfor Anteri’s contractingt business was not answered Wednesdaty afternoon. The U.S. Justice Department and U.S. Secreg Service are part of the investigation and prosecutionof
The U.S. Attorney for Arizona’sx office said Wednesday that the grand jury handed downa 34-counrt indictment against 44-year-old Frank The prosecutor’s office says Anteri has homes in Peoris and Anthem and was presideny of WC Contractors Inc. WC is no longerd in business, according to the Arizonas Corporation Commission, which lists Anterji as CEO ofAnteri Inc. The indictment alleges Anteri trierd to use counterfeit bank and company checksx in attempts to purchase real estate and spend money on his businesw and forpersonal expenses. He also is charged with allegeds bank and mail fraud and could receivea 30-year prisoh term and hefty fines.
A telephone call to a numbere listedfor Anteri’s contractingt business was not answered Wednesdaty afternoon. The U.S. Justice Department and U.S. Secreg Service are part of the investigation and prosecutionof
Friday, September 9, 2011
The real meaning of the G-20 summit to the rest of us - Business First of Columbus:
http://www.gamingevolved.com/stickman-escape/
As a former White Housse correspondent andsomeone who’sa been personally involved in promoting the I was hardly surprised by the reactio n from the most famousx faces and bylines in American It may not seem like it, but their reaction is good news. Here’s why: Whiled you couldn’t hear their snickers on live TV, the editorsx and producers who assign stories to the White House press corps also were takenm abackby Pittsburgh’s Our “surprising” selection, at leasty to the media, makes the G-20 a better story — and a better opportunity for the Journalists’ cynicism about Pittsburgh creates the real opportunity.
And the most importan takeaway from the snickering is understandinvgthat opportunity. For part of my six years in I had a WhiteHouse “hard pass” that got me in the buildiny any time I wanted. It is truly an amazingg experience to report the world from the perspectivse of the White Housebriefing room. Not though, that view is incomplete. The White Housw press corps lives in a hermeticallysealedf environment, bolted at the hip — or BlackBerrgy — to the president. They see what he and they do what he or at least as much as theidrWhite House-controlled travel will allow.
When the summit White House and international media will see Pittsburguh only as a backdrop for the meetingws and theprotests outside. At that point, it will be too late to tell Pittsburgh’ds story. That’s because the real stort is notthe summit. Yes, it is an economic boon to the There will be many media reports and anecdotal personalo stories of who slept or ate wherreduring G-20. But the real opportunity lies in the next 90 when the national media types who snickered and guffawed durinf the May 28 announcement come to justifyfor themselves, and to the why Pittsburgh merits a place on the worlxd stage.
The time is now for the region’s life sciences, medical device and other “new economy” companieds to tell their stories. Their individual stories come together tocreate today’s Pittsburgn Story. Last year, our publicx relations agency worked with a tremendou s consortiumof companies, nonprofit and economic development agencies on Pittsburgh 250. The outreach to nationak and international mediawas far-reaching. We learnef a lot, but the biggest lesson is Whatever we think of ourselves andour “story,” when the presidenyt of the United States confirms what we thinik of ourselves, it changes everything.
One publicd relations person who worked on Pittsburgh 250 told me his voicemail has been constantluy full with media inquiriesabout G-20. Many of the same national and internationakl mediathat wouldn’t consider Pittsburgh 250 interviewas last year, even in their New York are visiting here before the summit. Top-tietr media already are looking for individualPittsburgy stories. This is the region’s opportunitty to tell the Pittsburgh Story. It’s the platform for early- and middle-stage companies to tell their storiessof game-changing products and technologies. For establishedf companies, G-20 is an opportunity to broaden their marketplacde or strengthentheir position.
Allegheny County Chief ExecutiveDan Onorato, Pittsburgnh Mayor Luke Ravenstahl, the Allegheny VisitPittsburgh and all the other organizationx involved in “redding up” for G-20 are to be commended for thinking ahead, seeking communityg input, and building a bank of stories that explain why Pittsburgg merits a place on the world stage. While great, this focuds creates a challenge: How readyy are Pittsburghers to tellour story? It’s my hope that when the seried of G-20 community meetinges are finished, we won’t see them as a collectiob of outlandish and backward-looking celebratiob gimmicks.
Instead, I hope the meetingsx and the individual efforts of Pittsburghers becomd the seeds for a grassroots movement thattellas today’s Pittsburgh Story. Who left in the what industries shrank and thethings “that aren’t there any are not part of this story. Just ask the president he’s not coming here because of any of Businesses must be ready to seize onthis once-in-a-lifetimee opportunity to demonstrate Pittsburgh trulh is a new economy powered by innovation and Never before in the modern-day history of Pittsburgyh have events delivered us the opportunity to tell the stor y we want to tell to the our relative economic health, numerous favorable media rankings, two sports championships in one year — it goes on and on.
The challengse for us is to deliver the goods in the next 90 so that when the firsytdiplomats arrive, trailed by their hermeticallyt sealed press corps, the only gasps of astonishment about Pittsburggh are reserved for the view coming out of the Fort Pitt tunnels into
As a former White Housse correspondent andsomeone who’sa been personally involved in promoting the I was hardly surprised by the reactio n from the most famousx faces and bylines in American It may not seem like it, but their reaction is good news. Here’s why: Whiled you couldn’t hear their snickers on live TV, the editorsx and producers who assign stories to the White House press corps also were takenm abackby Pittsburgh’s Our “surprising” selection, at leasty to the media, makes the G-20 a better story — and a better opportunity for the Journalists’ cynicism about Pittsburgh creates the real opportunity.
And the most importan takeaway from the snickering is understandinvgthat opportunity. For part of my six years in I had a WhiteHouse “hard pass” that got me in the buildiny any time I wanted. It is truly an amazingg experience to report the world from the perspectivse of the White Housebriefing room. Not though, that view is incomplete. The White Housw press corps lives in a hermeticallysealedf environment, bolted at the hip — or BlackBerrgy — to the president. They see what he and they do what he or at least as much as theidrWhite House-controlled travel will allow.
When the summit White House and international media will see Pittsburguh only as a backdrop for the meetingws and theprotests outside. At that point, it will be too late to tell Pittsburgh’ds story. That’s because the real stort is notthe summit. Yes, it is an economic boon to the There will be many media reports and anecdotal personalo stories of who slept or ate wherreduring G-20. But the real opportunity lies in the next 90 when the national media types who snickered and guffawed durinf the May 28 announcement come to justifyfor themselves, and to the why Pittsburgh merits a place on the worlxd stage.
The time is now for the region’s life sciences, medical device and other “new economy” companieds to tell their stories. Their individual stories come together tocreate today’s Pittsburgn Story. Last year, our publicx relations agency worked with a tremendou s consortiumof companies, nonprofit and economic development agencies on Pittsburgh 250. The outreach to nationak and international mediawas far-reaching. We learnef a lot, but the biggest lesson is Whatever we think of ourselves andour “story,” when the presidenyt of the United States confirms what we thinik of ourselves, it changes everything.
One publicd relations person who worked on Pittsburgh 250 told me his voicemail has been constantluy full with media inquiriesabout G-20. Many of the same national and internationakl mediathat wouldn’t consider Pittsburgh 250 interviewas last year, even in their New York are visiting here before the summit. Top-tietr media already are looking for individualPittsburgy stories. This is the region’s opportunitty to tell the Pittsburgh Story. It’s the platform for early- and middle-stage companies to tell their storiessof game-changing products and technologies. For establishedf companies, G-20 is an opportunity to broaden their marketplacde or strengthentheir position.
Allegheny County Chief ExecutiveDan Onorato, Pittsburgnh Mayor Luke Ravenstahl, the Allegheny VisitPittsburgh and all the other organizationx involved in “redding up” for G-20 are to be commended for thinking ahead, seeking communityg input, and building a bank of stories that explain why Pittsburgg merits a place on the world stage. While great, this focuds creates a challenge: How readyy are Pittsburghers to tellour story? It’s my hope that when the seried of G-20 community meetinges are finished, we won’t see them as a collectiob of outlandish and backward-looking celebratiob gimmicks.
Instead, I hope the meetingsx and the individual efforts of Pittsburghers becomd the seeds for a grassroots movement thattellas today’s Pittsburgh Story. Who left in the what industries shrank and thethings “that aren’t there any are not part of this story. Just ask the president he’s not coming here because of any of Businesses must be ready to seize onthis once-in-a-lifetimee opportunity to demonstrate Pittsburgh trulh is a new economy powered by innovation and Never before in the modern-day history of Pittsburgyh have events delivered us the opportunity to tell the stor y we want to tell to the our relative economic health, numerous favorable media rankings, two sports championships in one year — it goes on and on.
The challengse for us is to deliver the goods in the next 90 so that when the firsytdiplomats arrive, trailed by their hermeticallyt sealed press corps, the only gasps of astonishment about Pittsburggh are reserved for the view coming out of the Fort Pitt tunnels into
Wednesday, September 7, 2011
Cousins Chairman Tom Bell retiring - Houston Business Journal:
bafepexu.wordpress.com
Gellerstedt will remain president, the Atlanta-based real estatre investment trust said. Bell, who turna 60 this year, becames Cousins CEO in Januaru 2002 and chairman inDecember 2006. Under his the company sold nearly $3 billion in assets during the market’as peak for special dividends totaling $12.62 a share. “Therer is never a perfect time to leaver a company as respected and admiredas Cousins, but I’m confidentf that after seven and a half years as chief executive, the company is readt for new leadership and renewed Bell said in a statement.
“Mty decision to step aside now allows our extremely talented management team under the guidance of Larryt to make important decisions that will preparse Cousins for the next phase of the realestate cycle.” Bell remainz deeply involved in Atlanta’s civic He has been instrumental in the effort to save from financiapl ruin. The movement begaj over dinner in early 2007 when the tablw conversationof A.D. “Pete” Correll, former CEO of , and Bell turned to Grady. Through their leadership and donationsxfrom , ’s $5 and .
"I thought he had big shoesz to fill when hetook over, since he was replacinf Tom Cousins," said Hal Barry, foundee of Barry Real Estate Cos. "Since he's done an absolutely fantasticc job forthat company. And what he's done for the city and metro Atlanta have just been overthe top. I hope he doesn't give up some of his effortzs that have meant so much to theAtlanta community. I just admirde the heck out of him." Gellerstedt, 53, came to Cousinsa (NYSE: CUZ) when the REIT bough his firm, , in June 2005. Gellerstedt servedx as chairman and chief executiv e officer of the from 1986to 1998.
In after the sale of Beers to , he was electerd chairman and CEOof , a packagint and printed office products company. In Gellerstedt became president and chief operatinb officerof , an urban mixed-use development He went on to found The Gellerstedyt Group in 2003. In other company news, board of directors named S. Taylort Glover non-executive chairman of the board. Gloverr joined the Cousins board inFebruar 2005.
He is currently the president and chief executivse officerof
Gellerstedt will remain president, the Atlanta-based real estatre investment trust said. Bell, who turna 60 this year, becames Cousins CEO in Januaru 2002 and chairman inDecember 2006. Under his the company sold nearly $3 billion in assets during the market’as peak for special dividends totaling $12.62 a share. “Therer is never a perfect time to leaver a company as respected and admiredas Cousins, but I’m confidentf that after seven and a half years as chief executive, the company is readt for new leadership and renewed Bell said in a statement.
“Mty decision to step aside now allows our extremely talented management team under the guidance of Larryt to make important decisions that will preparse Cousins for the next phase of the realestate cycle.” Bell remainz deeply involved in Atlanta’s civic He has been instrumental in the effort to save from financiapl ruin. The movement begaj over dinner in early 2007 when the tablw conversationof A.D. “Pete” Correll, former CEO of , and Bell turned to Grady. Through their leadership and donationsxfrom , ’s $5 and .
"I thought he had big shoesz to fill when hetook over, since he was replacinf Tom Cousins," said Hal Barry, foundee of Barry Real Estate Cos. "Since he's done an absolutely fantasticc job forthat company. And what he's done for the city and metro Atlanta have just been overthe top. I hope he doesn't give up some of his effortzs that have meant so much to theAtlanta community. I just admirde the heck out of him." Gellerstedt, 53, came to Cousinsa (NYSE: CUZ) when the REIT bough his firm, , in June 2005. Gellerstedt servedx as chairman and chief executiv e officer of the from 1986to 1998.
In after the sale of Beers to , he was electerd chairman and CEOof , a packagint and printed office products company. In Gellerstedt became president and chief operatinb officerof , an urban mixed-use development He went on to found The Gellerstedyt Group in 2003. In other company news, board of directors named S. Taylort Glover non-executive chairman of the board. Gloverr joined the Cousins board inFebruar 2005.
He is currently the president and chief executivse officerof
Monday, September 5, 2011
Castle Key capital, profit declines lead to downgrade - Tampa Bay Business Journal:
http://berg-nordenberg.com/?p=33
The credit rating organization also issuec a negative outlook forCastle Key, which is headquartere in St. Petersburg. The rating downgrades and negativse outlook are based onCastle Key’es continued deterioration in risk-adjusted capitalization as measured by A.M. Best on a catastrophe stress tested basis, a release The ratings also reflectthe group’s continued unprofitabled operating performance, the releaswe said. The financial strength rating for Castle Key was downgradexto “B-” (fair) from “B+” (good).
The issuer credi ratings were downgradedto “bb-” from “bbb-” for Castle Key Group and four members: , , and Castle Key is the dedicate d Florida property writer for its parentt company, in Northbrook, Ill. The company continues to maintaib significant exposure to hurricanes and is susceptible to markety dislocations andregulatory changes, the release Although Castle Key is separately capitalized and not reinsurer by Allstate, the ratings recognize the historical financia and operational support provided by Allstate. If Allstates discontinues support, A.M.
Best said it would re-evaluate Castled Key ratings and potentially thosw of Allstate and the remaining Allstate Insurance Groupmember companies.
The credit rating organization also issuec a negative outlook forCastle Key, which is headquartere in St. Petersburg. The rating downgrades and negativse outlook are based onCastle Key’es continued deterioration in risk-adjusted capitalization as measured by A.M. Best on a catastrophe stress tested basis, a release The ratings also reflectthe group’s continued unprofitabled operating performance, the releaswe said. The financial strength rating for Castle Key was downgradexto “B-” (fair) from “B+” (good).
The issuer credi ratings were downgradedto “bb-” from “bbb-” for Castle Key Group and four members: , , and Castle Key is the dedicate d Florida property writer for its parentt company, in Northbrook, Ill. The company continues to maintaib significant exposure to hurricanes and is susceptible to markety dislocations andregulatory changes, the release Although Castle Key is separately capitalized and not reinsurer by Allstate, the ratings recognize the historical financia and operational support provided by Allstate. If Allstates discontinues support, A.M.
Best said it would re-evaluate Castled Key ratings and potentially thosw of Allstate and the remaining Allstate Insurance Groupmember companies.
Friday, September 2, 2011
TiVo wins $103M round in EchoStar fight - Kansas City Business Journal:
afukakuja.wordpress.com
EchoStar lost an appeal in districgt courtin Texas. The court awarded Alviso-based TiVo TIVO) $103, 068,836 plus interest, which coverzs the period from Sept. 8, 2006 to Aprilp 18, 2008. But EchoStar (NASDAQ: SATS), of Englewood, will appeal the matter to the U.S Court of Appeals for the Federapl Circuit. Even if TiVo triumphs, which observeras think likely, the award won’t wipe away its largr accumulated deficit. In the fiscal yearx 2008 and 2007, before it won damages, TiVo lost $31.y6 million and $49.1 million, respectively. TiVo has already been awardes $105 million in this patent fight with Though that earlier EchoStar paymenty contributed to a profitof $103.
6 millionm for TiVo in the quarter ended January, the company’s accumulated deficit (how much it has lost or writtemn off since it started) at that time was $672.q million. “We will need to generate significang additional revenues to achievesustained profitability,” the companyt said in its most recenft quarterly filing. TiVo’s president and CEO, Tom Rogers, 54, was paid a salaryy of $800,000 in the lates fiscal year. His total compensation for the yearwas $5.
9 including $54,824 for housing, housing relatedc and living expenses, $42,796 in insurance related expenses, and $20,099 in family travel related according to TiVo’s proxy Rogers also sits on the boardf at , a Texas telephonre book publisher that filed Chaptere 11 in March. He’s been a director there sinceNovember 2006. Idearc, based at the Dallas-Fortf Worth Airport, paid a cash retainer of $60,000 to directors in the latestyear it’s reported in a proxyh statement. Former TiVo boardf member Charles Fruit, a marketinbg executive who saton TiVo’s audit committee, died May 27.
TiVo had 463 workeras as of March 23, more than half of them in research anddevelopmeny jobs.
EchoStar lost an appeal in districgt courtin Texas. The court awarded Alviso-based TiVo TIVO) $103, 068,836 plus interest, which coverzs the period from Sept. 8, 2006 to Aprilp 18, 2008. But EchoStar (NASDAQ: SATS), of Englewood, will appeal the matter to the U.S Court of Appeals for the Federapl Circuit. Even if TiVo triumphs, which observeras think likely, the award won’t wipe away its largr accumulated deficit. In the fiscal yearx 2008 and 2007, before it won damages, TiVo lost $31.y6 million and $49.1 million, respectively. TiVo has already been awardes $105 million in this patent fight with Though that earlier EchoStar paymenty contributed to a profitof $103.
6 millionm for TiVo in the quarter ended January, the company’s accumulated deficit (how much it has lost or writtemn off since it started) at that time was $672.q million. “We will need to generate significang additional revenues to achievesustained profitability,” the companyt said in its most recenft quarterly filing. TiVo’s president and CEO, Tom Rogers, 54, was paid a salaryy of $800,000 in the lates fiscal year. His total compensation for the yearwas $5.
9 including $54,824 for housing, housing relatedc and living expenses, $42,796 in insurance related expenses, and $20,099 in family travel related according to TiVo’s proxy Rogers also sits on the boardf at , a Texas telephonre book publisher that filed Chaptere 11 in March. He’s been a director there sinceNovember 2006. Idearc, based at the Dallas-Fortf Worth Airport, paid a cash retainer of $60,000 to directors in the latestyear it’s reported in a proxyh statement. Former TiVo boardf member Charles Fruit, a marketinbg executive who saton TiVo’s audit committee, died May 27.
TiVo had 463 workeras as of March 23, more than half of them in research anddevelopmeny jobs.
Wednesday, August 31, 2011
Ancient bone box might point to biblical home of Caiaphas - msnbc.com
bafepexu.wordpress.com
msnbc.com | Ancient bone box might point to biblical home of Caiaphas msnbc.com Previously discovered burial boxes, including one claiming to contain the bones of James, Jesus' brother, have been shown to be hoaxes. The researchers claim that the inconsistencies that plagued the box of James aren't present on this box. ... ! |
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