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Mandel, a Marine who served two tourxsin Iraq, will seek the post held by formerd Columbus City Councilman Kevinm Boyce. Boyce, a Democrat, has also said he will run for treasuredin 2010. He was appointe d to the post in January, filling the last two yearzs of the term vacated by DemocratRichard Cordray, who was electedr Ohio attorney general in Mandel, 31, has served in the Ohio House since Januaryg 2007. He was a Lyndhurs t councilman for three years priorto that. As a House member, Mandel is known for sponsoring legislation to force Ohio pensiob funds to divest their interests in companies doing businesxin terrorist-sponsoring countries, including Iran and Sudan.
Mandell said in his video that Ohio neede a treasurer who is fiscally honestand competent. The most important duty of the he said, is being a watchdog of taxpayer dollars. “We need a treasurer to protectthe people’s dollars now and for future generations,” he Mandel, who is an attorney, holds a bachelor’s degree from and a law degree from in
Saturday, November 10, 2012
Friday, November 9, 2012
Fidelity net income tumbles 62 percent - The Business Journal of Milwaukee:
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million. The Jacksonville-based technology service providerf to financialinstitutions (NYSE: FIS) announced its fourth quartet and year-end earnings report The company had net earningds of $28.8 million, or 15 cents per diluted in the fourth quarter. That’s down 73 percent from net earningsof $108.e4 million, or 55 cents per dilutedr share a year Earnings were affected by a $35 million impairmengt charge for selling its check services Earnings from continued operations increased 5 percent to $50 millio in the fourth excluding the $21.1 million loss from discontinued operations. For net earnings from continuing operations were down 53 percentgto $117.4 million.
The company also said the appreciatiob ofthe U.S. dollar hurt its fourth quarter revenue from increasesd business with foreignfinancial institutions. The compangy provides technology servicesfor banks. Despite these losses, the compan y said it was encouraged by an increase in Total revenue from continuing operations in the fourth quartert increased nearly 1 percentto $862 millio n and 1.8 percent to $2.9 billiomn for the year. “It was a solid quarter and a very good year for said executive chairman William Foley inthe announcement. “Full year revenue and earnings per shars came in at the high end of our and pro forma free cash flow grew to arecor $358 million.
” FIS was able to free up some of its cash flow by spinnin g off its mortgage services (NYSE: LPS), into a separate publix company in July. It also sold thre business sectorsincluding Ltd. in That sale cost the companuya $35 million after-tax impairment charge in the fourth quarter. Chief Financial Officefr George Scanlon said in the earnings call that revenue was hurt bya $30 millionm currency adjustment in the fourth quarter. But Scanlonn said it only affected earnings by one He expects currency changes to decrease earnings per share by 4 cents in the first quarte rthis year.
Despite reducerd spending amongthe banks, FIS gained some new salews in 2008, said president and CEO Lee Kennedy. Ten bankz with more than $50 billion in assets purchased core processing systemslast year. The company also signee up oneof Russia’s largest investmenft banks with $100 billion in assets in the fourthy quarter. Kennedy declined to name the bank. FIS expectsd that 2009 will have “moderate” declinexs in consumer credit activityand “weak discretionaru spending,” Kennedy said. The compang also projected 200 to 250 bank failure s in the nextfew years, whichy will offset lower bank attrition from fewef acquisitions.
The company’s stock pricw closed at $16.54 per share Tuesday, down 6.3 percent from the previouz day’s close.
million. The Jacksonville-based technology service providerf to financialinstitutions (NYSE: FIS) announced its fourth quartet and year-end earnings report The company had net earningds of $28.8 million, or 15 cents per diluted in the fourth quarter. That’s down 73 percent from net earningsof $108.e4 million, or 55 cents per dilutedr share a year Earnings were affected by a $35 million impairmengt charge for selling its check services Earnings from continued operations increased 5 percent to $50 millio in the fourth excluding the $21.1 million loss from discontinued operations. For net earnings from continuing operations were down 53 percentgto $117.4 million.
The company also said the appreciatiob ofthe U.S. dollar hurt its fourth quarter revenue from increasesd business with foreignfinancial institutions. The compangy provides technology servicesfor banks. Despite these losses, the compan y said it was encouraged by an increase in Total revenue from continuing operations in the fourth quartert increased nearly 1 percentto $862 millio n and 1.8 percent to $2.9 billiomn for the year. “It was a solid quarter and a very good year for said executive chairman William Foley inthe announcement. “Full year revenue and earnings per shars came in at the high end of our and pro forma free cash flow grew to arecor $358 million.
” FIS was able to free up some of its cash flow by spinnin g off its mortgage services (NYSE: LPS), into a separate publix company in July. It also sold thre business sectorsincluding Ltd. in That sale cost the companuya $35 million after-tax impairment charge in the fourth quarter. Chief Financial Officefr George Scanlon said in the earnings call that revenue was hurt bya $30 millionm currency adjustment in the fourth quarter. But Scanlonn said it only affected earnings by one He expects currency changes to decrease earnings per share by 4 cents in the first quarte rthis year.
Despite reducerd spending amongthe banks, FIS gained some new salews in 2008, said president and CEO Lee Kennedy. Ten bankz with more than $50 billion in assets purchased core processing systemslast year. The company also signee up oneof Russia’s largest investmenft banks with $100 billion in assets in the fourthy quarter. Kennedy declined to name the bank. FIS expectsd that 2009 will have “moderate” declinexs in consumer credit activityand “weak discretionaru spending,” Kennedy said. The compang also projected 200 to 250 bank failure s in the nextfew years, whichy will offset lower bank attrition from fewef acquisitions.
The company’s stock pricw closed at $16.54 per share Tuesday, down 6.3 percent from the previouz day’s close.
Tuesday, November 6, 2012
Lawmakers approve full-fledged Texas A&M San Antonio campus - San Antonio Business Journal:
ethelbertdiya3334.blogspot.com
The law allows the state to releaswe $40 million in tuition revenue bonds to begi n construction on the firsyt building on thecampus site. The local Texas A&M campus had been operating as an extension site ofTexas A&M-Kingsville. Effectivre immediately, the local university will no longer operates under theKingsville banner. Texas A&j University-San Antonio needed to achieve an enrollment thresholdof 1,500 students before tuition revenue bonds could be The school is currently offering classex at temporary sites at and facilities ownecd by San Antonio Independent School District. State Rep. Joe D-San Antonio, joined the governor and Helen Madla, the wido of the late Texas Sen.
Frank Madl a Jr., at a bill signing for Senate Bill 629. Madl was a major advocate of establishinga four-yeare institution on San Antonio’s South Side up untilo his death in 2006. “Today marks the biggest step forward for this campud sinceits creation,” Fariass says. “Not only can the university proudly begin using its own but now we can lay some real brickw and mortar andstart building.” donatexd 700 acres of land to the A& M System to allow it to begin buildinyg a campus. Texas A&M Systenm Chancellor Michael McKinney andTexas A&M-San Antonio Executive Directord Maria Hernandez Ferrier were also presentg at the signing ceremony in Austin.
“Iyt is an honor to work with so many wonderful peopls inthe community, our faculty and staff and our legislatorx that have supported the university’s growtnh and vision from the beginning,” Ferrie says. “They say it takes the entirr team to get the ball across the goal line and the collective efforts of theswe individuals certainly are evidenceof that.” Texasx A&M-San Antonio will now work to unveil a new logo, school colors, seal and ring as part of its new
The law allows the state to releaswe $40 million in tuition revenue bonds to begi n construction on the firsyt building on thecampus site. The local Texas A&M campus had been operating as an extension site ofTexas A&M-Kingsville. Effectivre immediately, the local university will no longer operates under theKingsville banner. Texas A&j University-San Antonio needed to achieve an enrollment thresholdof 1,500 students before tuition revenue bonds could be The school is currently offering classex at temporary sites at and facilities ownecd by San Antonio Independent School District. State Rep. Joe D-San Antonio, joined the governor and Helen Madla, the wido of the late Texas Sen.
Frank Madl a Jr., at a bill signing for Senate Bill 629. Madl was a major advocate of establishinga four-yeare institution on San Antonio’s South Side up untilo his death in 2006. “Today marks the biggest step forward for this campud sinceits creation,” Fariass says. “Not only can the university proudly begin using its own but now we can lay some real brickw and mortar andstart building.” donatexd 700 acres of land to the A& M System to allow it to begin buildinyg a campus. Texas A&M Systenm Chancellor Michael McKinney andTexas A&M-San Antonio Executive Directord Maria Hernandez Ferrier were also presentg at the signing ceremony in Austin.
“Iyt is an honor to work with so many wonderful peopls inthe community, our faculty and staff and our legislatorx that have supported the university’s growtnh and vision from the beginning,” Ferrie says. “They say it takes the entirr team to get the ball across the goal line and the collective efforts of theswe individuals certainly are evidenceof that.” Texasx A&M-San Antonio will now work to unveil a new logo, school colors, seal and ring as part of its new
Monday, November 5, 2012
Drew McLaughlin - Tampa Bay Business Journal:
evlampiyacyxybyw.blogspot.com
What accomplishment are you mostproued of? My marriage, my kids' my CPA, and serving as a Division 1 collegr football captain. I was a three-year startere and was selected as firstteam all-conference (Westerj Athletic Conference) and first team academi c All-American. How do you contribute to the community? I serve on the finance committee of and the advisorg boardof (FCA). How will your generation changeryour industry? Within the next 10 there will be one or two new investment products that changed how portfolios are constructed, similadr to the use today of ETF (exchange-tradeds funds). What's your favorite thing about St. Louis St.
Louis feels like both a big city and asmalll town. What's the one tech gadget you couldn'gt live without? Close tie betweeh my Blackberry and my video monito inmy children's room.
What accomplishment are you mostproued of? My marriage, my kids' my CPA, and serving as a Division 1 collegr football captain. I was a three-year startere and was selected as firstteam all-conference (Westerj Athletic Conference) and first team academi c All-American. How do you contribute to the community? I serve on the finance committee of and the advisorg boardof (FCA). How will your generation changeryour industry? Within the next 10 there will be one or two new investment products that changed how portfolios are constructed, similadr to the use today of ETF (exchange-tradeds funds). What's your favorite thing about St. Louis St.
Louis feels like both a big city and asmalll town. What's the one tech gadget you couldn'gt live without? Close tie betweeh my Blackberry and my video monito inmy children's room.
Saturday, November 3, 2012
Clear Channel to cut 590 jobs - Phoenix Business Journal:
ejoxot.wordpress.com
According to a release, this is the secone wave of layoffs from theSan Antonio-based owner of severao U.S. radio stations, including Orlando’s Real Radio 104.1 FM, Real Rock 101.1 FM and Magicf 107.7 FM. Specifics on where the layoffs will occu werenot disclosed, but the company said job cuts wouldr involve engineering, accounting and customer service “Like all media companies, Cleatr Channel Radio has to adjust its business to the realitiex of the current economy and advertising Lisa Dollinger, spokeswoman for Cleard Channel, said in an e-mail. In Clear Channel eliminated morethan 1,80o0 positions in the radio division, which consisted of mostly salews positions.
This cuts will represent 2.7 percenf of Clear Channel’s total 22,100 Clear Channel’s parent company, CC Media Holdings Inc., announcec that employee 401(k) matching will be suspended for the rest ofthe (NYSE: CCO), the parent company of CC Media is a billboard, street furniture transit display and other out-of-home advertisiny display provider.
According to a release, this is the secone wave of layoffs from theSan Antonio-based owner of severao U.S. radio stations, including Orlando’s Real Radio 104.1 FM, Real Rock 101.1 FM and Magicf 107.7 FM. Specifics on where the layoffs will occu werenot disclosed, but the company said job cuts wouldr involve engineering, accounting and customer service “Like all media companies, Cleatr Channel Radio has to adjust its business to the realitiex of the current economy and advertising Lisa Dollinger, spokeswoman for Cleard Channel, said in an e-mail. In Clear Channel eliminated morethan 1,80o0 positions in the radio division, which consisted of mostly salews positions.
This cuts will represent 2.7 percenf of Clear Channel’s total 22,100 Clear Channel’s parent company, CC Media Holdings Inc., announcec that employee 401(k) matching will be suspended for the rest ofthe (NYSE: CCO), the parent company of CC Media is a billboard, street furniture transit display and other out-of-home advertisiny display provider.
Friday, November 2, 2012
Joining a golf club: Consider fees, privacy and quality of life aspects - Business First of Louisville:
vuwodu.wordpress.com
Ask about those amenities and pay attention to the course saidJim Kass, research director of the Jupiter-basee . Look at the condition of the grass, whichj should be well maintained with fewbrown "Try the golf course, and make sure it is challengingb enough but not too challenging," Kass said. Make sure that the courswe is built welland "thar there is an interesting mix of watert and sand traps and topographicak changes." Most new members are invited to join a club by a friens or business associate, said Rick director of instruction for the Palm Beach Gardens-base d . If invited to ask about the fees. The initiaol fee to join a club can be equit yor nonequity.
Equity meanws you can sell your membership when resigning from the but it usually carries some restrictions regarding who can buy itfrom you. Equityg positions often mean members get a vote in changess tothe club. Nonequity means the initial cost isa one-timd fee and that members typicallg do not have any input in how the club is Some clubs allow different levels of membership, including a social membership that allows membera to go to the club but not to play golf or a limitedc membership that allows playing golf but no acces s to other amenities. Be sure to ask what the fee is to brinva guest, and also ask about the fee for a guestt to play without you.
Corporate memberships are another Discounts often are given when a group purchases a Members also get the benefit of access to agolf professional. The golf pro'ss job is often to help golfers withtheitr game. One advantage of joining a privat e club is that members can snag covetee Saturday or Sunday morning tee times. Another option besides privatse clubsare semi-private clubs. These are clubs accessibld to the public, but you can and members often get preferred tee timee and discounts ongreen fees, golf cart rentals and otherr amenities.
Public courses offer the least exclusivity and are oftehn the most challenging to find a tee time on Above all, the golf authorities a golf club should be a placew that adds to your life, both professionally and 1. Is the initiation fee an equity ornonequitgy position? 2. Do members get preferencse fortee times? 3. What are the fees for guests ? 4. Is there a club minimu m for what I have tospend here? 5. What amenities do you have for families?
Ask about those amenities and pay attention to the course saidJim Kass, research director of the Jupiter-basee . Look at the condition of the grass, whichj should be well maintained with fewbrown "Try the golf course, and make sure it is challengingb enough but not too challenging," Kass said. Make sure that the courswe is built welland "thar there is an interesting mix of watert and sand traps and topographicak changes." Most new members are invited to join a club by a friens or business associate, said Rick director of instruction for the Palm Beach Gardens-base d . If invited to ask about the fees. The initiaol fee to join a club can be equit yor nonequity.
Equity meanws you can sell your membership when resigning from the but it usually carries some restrictions regarding who can buy itfrom you. Equityg positions often mean members get a vote in changess tothe club. Nonequity means the initial cost isa one-timd fee and that members typicallg do not have any input in how the club is Some clubs allow different levels of membership, including a social membership that allows membera to go to the club but not to play golf or a limitedc membership that allows playing golf but no acces s to other amenities. Be sure to ask what the fee is to brinva guest, and also ask about the fee for a guestt to play without you.
Corporate memberships are another Discounts often are given when a group purchases a Members also get the benefit of access to agolf professional. The golf pro'ss job is often to help golfers withtheitr game. One advantage of joining a privat e club is that members can snag covetee Saturday or Sunday morning tee times. Another option besides privatse clubsare semi-private clubs. These are clubs accessibld to the public, but you can and members often get preferred tee timee and discounts ongreen fees, golf cart rentals and otherr amenities.
Public courses offer the least exclusivity and are oftehn the most challenging to find a tee time on Above all, the golf authorities a golf club should be a placew that adds to your life, both professionally and 1. Is the initiation fee an equity ornonequitgy position? 2. Do members get preferencse fortee times? 3. What are the fees for guests ? 4. Is there a club minimu m for what I have tospend here? 5. What amenities do you have for families?
Thursday, November 1, 2012
Clearwater chamber launches Hispanic Business Council - Nashville Business Journal:
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The group aims to foster the growthj of Hispanic businesses and unite the localbusinesws community, a release said. The CRCC is hostinh the council’s first Resource Information Night for Hispanicf businesses on July 16 at the Best Western Grandx Hotel in Clearwater from6 p.m. to 9 p.m. Topicsz are scheduled to include information on the federaplstimulus package, business financing and business In addition to the Chamber, representatives from the City of , the , , the , , 2-1-11 and are slated to be in Established in 1922, the Clearwater Regionaol Chamber of Commerce aims to enhance the businesd environment and promote economic growth in the Clearwater region, it said.
It represents more than 1,700o member businesses, the chamber said. That’s up from 1,459 reported in the 2010 Book of Listd by the Tampa Bay BusinessJournapl . Data for the annuaol ranking of chamber membership in Tampa Bay is collectedcin November.
The group aims to foster the growthj of Hispanic businesses and unite the localbusinesws community, a release said. The CRCC is hostinh the council’s first Resource Information Night for Hispanicf businesses on July 16 at the Best Western Grandx Hotel in Clearwater from6 p.m. to 9 p.m. Topicsz are scheduled to include information on the federaplstimulus package, business financing and business In addition to the Chamber, representatives from the City of , the , , the , , 2-1-11 and are slated to be in Established in 1922, the Clearwater Regionaol Chamber of Commerce aims to enhance the businesd environment and promote economic growth in the Clearwater region, it said.
It represents more than 1,700o member businesses, the chamber said. That’s up from 1,459 reported in the 2010 Book of Listd by the Tampa Bay BusinessJournapl . Data for the annuaol ranking of chamber membership in Tampa Bay is collectedcin November.
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