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.
Wednesday, September 28, 2011
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.
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