shelly-polymer.blogspot.com
Home became the place to be. The staycationm gained power as Madison Avenue got in on the Everyone was promoting their tourist attraction, you name it, as a way to get away from it all withouyt leaving your own city or Why endure the hassle of travel when you can relax in the comforft of your own backyard? I was skeptical. I love to travel. it’s tough to relax at home. The laundry pile The cluttered closet project moves up thepriorityh list. But after a successful Memoriap Dayweekend staycation, I’m sold. Count me in amon g the believers.
Once you accept that high-end toiletries won’f magically appear in your bathroom, and that new sheetw won’t grace your bed every day (and who believew they always change them at a hotel it can bequitee enjoyable. If you can relegate chores to one small part ofthe day, it’ss possible to just focu on what fun activity you’re goingf to embark on and what food will be involved. And that’s what vacatione are all about — to me anyway. And becausde you live in Greater the “fun” quotient is high. The city and its environs have enougb to do to keep you busy for many staycationsto Out-of-towners know this well.
Judging by the license plates, Eagles jerseyas and Yankees hats prevalent on the Innefr Harbor promenade and outside the downtown many of them take actualvacationsw here. My family moved amonh them this weekend, playing tourist and never letting on that home was only two miles away. In three days, we manage to save hundreds of dollars and drive about 10miles roundtrip. At the same we kept a 5-year-old boy entertained and rediscovered the city as a greatf placeto visit. Day One: We took Chessie, a green sea monstetr paddleboat, out for a ride.
Though we nearly smacked into the submarine Torsk with sonMax steering, it was an otherwisre relaxing way to while away a half Taking in the city from the water gives you an entirelg different perspective — and a good tan. Day Two: A visig to the Baltimore Farmers Market providedgreat people-watchinv opportunities and more spinach than even Popeye could eat. In the afternoon, we took advantage of the city’s pools opening a month early. A sandbox and cold baby pool provided allthe water-relate fun needed for a boy who loves the beach.
Day Helping hoist the giant flag over Fort meeting veterans and hearing the park rangerd talk about the loved ones they lost in Iraq and Afghanistanm brought home the true meaning ofMemorial Day. Outside the fort, locals and tourists alike picnicked, strolledx and rode bikes by the best view in the So what’s next on the agenda? The ethnivc festival season kicks off with the Polisyh Festival in Patterson Park this And both the National Aquariumj and Maryland Science Centere have opened blockbuster exhibits — on jellyfisu and dinosaurs. We figured we would take them inanothedr time. No need to cram it all in. That’xs the beauty of the There’s always room at the inn.
Friday 30 December 2011
Wednesday 28 December 2011
Entergy CEO Leonard Recognized for Clear, Straightforward Communication
gavrilovaefivu.blogspot.com
Leonard is the only utilitgy CEO to have been ranked amon the top 25 for seven consecutive years in the RittenhousseCEO Candor(SM) Survey, which analyzes annualp CEO letters and demonstrates a link between the quality of the letter'x content and a company's performance. Leonard is also one of only threre CEOs to make the top five in each of the lastthrew surveys. The latest survey analyzed letters that appeared in 2007annualp reports, most of which were issued in the firstt half of 2008. "Leonard isn't afraid to be He lays out numerouss performance benchmarks and telles readers how theywere met.
And he was the only CEO in the 100-companty survey to consider how corporate actionx would affect poorand middle-class consumers," said L.J. Rittenhouse , president of the investor relations consulting The survey is an annualp evaluation of candor in the letter to shareholders in annuap reports of 100 companies across a divers group of industries and capitalization The letters are judged on theird clarity and depth based on a broad crosx section ofindices -- from strategyh to cash on hand to Rittenhouse Rankings uses those measures as a proxh for the overall viability and health of the "Straightforward communications should be a big part of the job of any CEO, and it's not just for shareholders, Leonard said.
"Words mean different thingsz todifferent people. You never get it nevertheless, we at Entergy always make the extra effor t to assure we communicate the unvarnished story to all of ourstakeholderz - whether it's in Washington, or Silver City, Miss. - no matter how uncomfortablre itmay be. It is the only way to run a particularly a public company affected with thepublifc interest. "For our employees, it's a two-wah street. We insist on a culturre where only the truthwill do. In they can expect their company to live by the same valuez we expectfrom them, Leonard said.
Entergy Corporation is an integrated energy compan engaged primarily in electric power production and retaipdistribution operations. Entergy owns and operates power plants withapproximately 30,000 megawatts of electridc generating capacity, and it is the second-largest nuclear generatort in the United States. Enterg delivers electricity to 2.7 million utilityg customers in Arkansas, Louisiana, Mississippi and Entergy has annual revenues of morethan $13 billion and approximately 14,700 employees. Entergy's Web site is entergy.
com
Leonard is the only utilitgy CEO to have been ranked amon the top 25 for seven consecutive years in the RittenhousseCEO Candor(SM) Survey, which analyzes annualp CEO letters and demonstrates a link between the quality of the letter'x content and a company's performance. Leonard is also one of only threre CEOs to make the top five in each of the lastthrew surveys. The latest survey analyzed letters that appeared in 2007annualp reports, most of which were issued in the firstt half of 2008. "Leonard isn't afraid to be He lays out numerouss performance benchmarks and telles readers how theywere met.
And he was the only CEO in the 100-companty survey to consider how corporate actionx would affect poorand middle-class consumers," said L.J. Rittenhouse , president of the investor relations consulting The survey is an annualp evaluation of candor in the letter to shareholders in annuap reports of 100 companies across a divers group of industries and capitalization The letters are judged on theird clarity and depth based on a broad crosx section ofindices -- from strategyh to cash on hand to Rittenhouse Rankings uses those measures as a proxh for the overall viability and health of the "Straightforward communications should be a big part of the job of any CEO, and it's not just for shareholders, Leonard said.
"Words mean different thingsz todifferent people. You never get it nevertheless, we at Entergy always make the extra effor t to assure we communicate the unvarnished story to all of ourstakeholderz - whether it's in Washington, or Silver City, Miss. - no matter how uncomfortablre itmay be. It is the only way to run a particularly a public company affected with thepublifc interest. "For our employees, it's a two-wah street. We insist on a culturre where only the truthwill do. In they can expect their company to live by the same valuez we expectfrom them, Leonard said.
Entergy Corporation is an integrated energy compan engaged primarily in electric power production and retaipdistribution operations. Entergy owns and operates power plants withapproximately 30,000 megawatts of electridc generating capacity, and it is the second-largest nuclear generatort in the United States. Enterg delivers electricity to 2.7 million utilityg customers in Arkansas, Louisiana, Mississippi and Entergy has annual revenues of morethan $13 billion and approximately 14,700 employees. Entergy's Web site is entergy.
com
Monday 26 December 2011
Designers and Photographers are Wanted by Newfreescreensavers.Ñom - PR Web (press release)
uhetemejih.wordpress.com
Designers and Photographers are Wanted by Newfreescreensavers.Ñom PR Web (press release) Newfreescreensavers.com (http://www.newfreescreensavers.com) invites designers and photographers, and anyone whose hobby is photography, computer design, and design of 3D models to co-operate for creation of screensavers and wallpapers for computer ... |
Saturday 24 December 2011
Fundamentals growing favourably for home buyers - BusinessLIVE
uzirukynurylew.blogspot.com
Fundamentals growing favourably for home buyers BusinessLIVE On Johannesburg's East Rand, which had the most favourable values for owning versus renting, the monthly payment on the average home was R1,800 assuming a 20% down payment during the third quarter. By contrast, the average asking rent stood at R2,000, ... |
Wednesday 21 December 2011
High Desert Pediatrics opens doors June 15 - Business First of Louisville:
wilhelminadora4287.blogspot.com
Located at 8650 Alameda NE., the 4,100-square-foot medical office is the first tenant inthe two-buildinf office plaza built by Hoech Real Estatde Corp. The project includes two office buildings totaling morethan 42,000 squarr feet and a new churchh for Hope Episcopal. The new clinic’s operators did theidr residencies at the and specialize in acutelyill children. Hope Plazaq is seeking a silver certification from the in its Leadership in Energt and EnvironmentalDesign (LEED) program. Father-son team Don and Justin Hoecg partnered with the church to develop the parcel adjacent to La Cueva High School in the Far Northeastr Heightsof Albuquerque.
The office buildings are beintg offered for sale as office condominiums or can be represents half ofthe $7.5 million project, whichy was built by Enterprise Builders. High Desert Pediatricsw is the lone tenant to date far inthe
Located at 8650 Alameda NE., the 4,100-square-foot medical office is the first tenant inthe two-buildinf office plaza built by Hoech Real Estatde Corp. The project includes two office buildings totaling morethan 42,000 squarr feet and a new churchh for Hope Episcopal. The new clinic’s operators did theidr residencies at the and specialize in acutelyill children. Hope Plazaq is seeking a silver certification from the in its Leadership in Energt and EnvironmentalDesign (LEED) program. Father-son team Don and Justin Hoecg partnered with the church to develop the parcel adjacent to La Cueva High School in the Far Northeastr Heightsof Albuquerque.
The office buildings are beintg offered for sale as office condominiums or can be represents half ofthe $7.5 million project, whichy was built by Enterprise Builders. High Desert Pediatricsw is the lone tenant to date far inthe
Monday 19 December 2011
Breaking the Internet HOWTO: The Unintended Consequences of Governmental Actions - CircleID
bojony.wordpress.com
Wired News | Breaking the Internet HOWTO: The Unintended Consequences of Governmental Actions CircleID This past month has been incredibly busy in terms of misguided governmental interference. Here is a short list of recent governmental bloopers and why they are deeply flawed; 1. Put out a RFP to run the core names and numbers entity (the IANA) but ... US gov split over new domain explosion |
Saturday 17 December 2011
Chase bank hiring 200 in Milwaukee - Sacramento Business Journal:
qalymeled.wordpress.com
New employees are working at the Chase 111 E. Wisconsin and are focused mainly on negotiating new payment arrangements with homeowners delinquent ontheir payments, said spokeswomann Christine Holevas. Chase is one of the nation’s larges t mortgage servicers with a portfolioof $1.5 trillion. The bank adde billions in mortgage business with the September 2008 acquisition ofWashingtonb Mutual. The new hires include loan specialists, negotiators, underwriterxs and supervisors, Holevas said.
Many already have started Chase hasabout 1,4090 employees in greater Milwaukee, and nearlgy 950 in Milwaukee, Holevas Chase, which is part of , New York runs 41 branches in the metropolitan In December 2008, Chase citesd declining activity in home-equity lending when it announced job eliminationss by early February in its downtown Milwaukee home equity servicinfg center. Some employees who were laid off earliedr this year are likely among those being hired for the mortgagdeservicing functions, Holevas said. “We had terrific peoplre and we want to get the best ofthose back,” she said.
Chase bank officialw like the quality of employees in Milwaukew and theirwork ethic, Holevae said. She could not predict the longevitg of thenew jobs. “Asz the business changes so do our employment Holevas said. “We staff according to customers’ needs.” As the numbee of foreclosures continues torise nationally, Chase is far from the only bank to boos t its staff for handling troublerd mortgages. Some banks, including M& I Marshall & Ilsley in Milwaukee, have instituted foreclosurde moratoriums as they attempt to modifyu mortgages toreduce payments. M&I’s foreclosure moratoriuk is scheduled to expire onJune 30.
In the past six M&I has increased by 50 percen t its staff dedicated to assisting the increasingh number of homeowners facingfinanciall stress, said Dick Becker, president of the bank’ws Wisconsin community bank unit. He declinexd to disclose the numbert of jobsthat M&Iu has added. M&I works with homeowners befors they reach delinquency to avoid foreclosurse and also seeks solutions for homeownerx alreadyin foreclosure, Becker Minneapolis-based , which has the second-largest deposit markert share in metropolitan Milwaukee and services more than 1 million mortgages announced in March that it is constructintg a building in Owensboro, Ky.
, for its mortgage services The bank already employs 850 peoplre in Owensboro and the new building will accommodatd up to 300 new employees. At the communityu bank level, the loan modification strategies are implemented on asmaller scale. For example, , increased its collections staff from two to threer plusa half-time employee to tackle the increased said president and CEO Doug Gordon. Collections employeeds review the home-owner’s financial situation in an efforgt toavoid foreclosure, Gordon said. The employeew discuss what the homeowner can afford for payments and whether the mortgageis salvageable, he said.
The bank has successfullyt modified many mortgages and even stoppeed some foreclosures while they werein process, he “We’d much rather modify them — work with them than foreclose,” Gordon said. “Nobody wins in We don’t want to own the real estate andthey don’gt want to lose the real estate.”
New employees are working at the Chase 111 E. Wisconsin and are focused mainly on negotiating new payment arrangements with homeowners delinquent ontheir payments, said spokeswomann Christine Holevas. Chase is one of the nation’s larges t mortgage servicers with a portfolioof $1.5 trillion. The bank adde billions in mortgage business with the September 2008 acquisition ofWashingtonb Mutual. The new hires include loan specialists, negotiators, underwriterxs and supervisors, Holevas said.
Many already have started Chase hasabout 1,4090 employees in greater Milwaukee, and nearlgy 950 in Milwaukee, Holevas Chase, which is part of , New York runs 41 branches in the metropolitan In December 2008, Chase citesd declining activity in home-equity lending when it announced job eliminationss by early February in its downtown Milwaukee home equity servicinfg center. Some employees who were laid off earliedr this year are likely among those being hired for the mortgagdeservicing functions, Holevas said. “We had terrific peoplre and we want to get the best ofthose back,” she said.
Chase bank officialw like the quality of employees in Milwaukew and theirwork ethic, Holevae said. She could not predict the longevitg of thenew jobs. “Asz the business changes so do our employment Holevas said. “We staff according to customers’ needs.” As the numbee of foreclosures continues torise nationally, Chase is far from the only bank to boos t its staff for handling troublerd mortgages. Some banks, including M& I Marshall & Ilsley in Milwaukee, have instituted foreclosurde moratoriums as they attempt to modifyu mortgages toreduce payments. M&I’s foreclosure moratoriuk is scheduled to expire onJune 30.
In the past six M&I has increased by 50 percen t its staff dedicated to assisting the increasingh number of homeowners facingfinanciall stress, said Dick Becker, president of the bank’ws Wisconsin community bank unit. He declinexd to disclose the numbert of jobsthat M&Iu has added. M&I works with homeowners befors they reach delinquency to avoid foreclosurse and also seeks solutions for homeownerx alreadyin foreclosure, Becker Minneapolis-based , which has the second-largest deposit markert share in metropolitan Milwaukee and services more than 1 million mortgages announced in March that it is constructintg a building in Owensboro, Ky.
, for its mortgage services The bank already employs 850 peoplre in Owensboro and the new building will accommodatd up to 300 new employees. At the communityu bank level, the loan modification strategies are implemented on asmaller scale. For example, , increased its collections staff from two to threer plusa half-time employee to tackle the increased said president and CEO Doug Gordon. Collections employeeds review the home-owner’s financial situation in an efforgt toavoid foreclosure, Gordon said. The employeew discuss what the homeowner can afford for payments and whether the mortgageis salvageable, he said.
The bank has successfullyt modified many mortgages and even stoppeed some foreclosures while they werein process, he “We’d much rather modify them — work with them than foreclose,” Gordon said. “Nobody wins in We don’t want to own the real estate andthey don’gt want to lose the real estate.”
Thursday 15 December 2011
Warren County freeholders spend more than $10 million at meeting - The Express Times - LehighValleyLive.com
acklinegymejac1362.blogspot.com
Warren County freeholders spend more than $10 million at meeting The Express Times - LehighValleyLive.com Freeholder Jason Sarnoski said months of negotiations with the buildings' owners, Branchburg, NJ-based Branch Packaging Group Inc., equaled a "better price for the people of Warren County and a better facility." Robert Van Volkenbergh, of Branch ... |
Tuesday 13 December 2011
Rolling into town for some super parties - Indianapolis Star
a-ee85aqa.blogspot.com
Rolling into town for some super parties Indianapolis Star Rolling Stone magazine has decided Indianapolis is the place to throw its first big-time Super Bowl bash. With platinum-selling rock 'n' roll, hip-hop and rhythm and blues talent. VIPs who'll step out of limos to red carpet arrivals. And an open bar, ... |
Saturday 10 December 2011
Quiksilver secures $150M term loan, posts 2Q profit - Washington Business Journal:
ovaluleq.wordpress.com
The Huntington Beach company (NYSE: ZQK) also postes second-quarter earnings of $2.8 million. The five-yea r term loan with private-equity firm Rhone was made to improvee Quiksilver's liquidity and solidify its banking As part of the termse ofthe loan, Quiksilver will name a pair of Rhons appointees to its board of directors. Quiksilve r also refinanced its credit facility with anew $200 million facility led by and .
The companyy is also in discussions with its French banking partners to consolidatde its European debts into anew multi-year In the company's earnings report, the companyt swung to profitability in the second quarter, posting the earningsa of 2 cents a which included several one-time items. Withoutf the items, the earnings per share would have been 5 cents a Analyst estimates placed the earnings at 9 cents a Sales dropped 17 coming inat $494.2 million. In the second quarter a year ago, the compan y lost $206.2 million, or $1.59o a share, on sales of $596.3 That quarter included losseof $244.9 million from discontinued Quiksilver is an apparel and accessorie s company.
Its core brands are Roxy and DC. A renewed focus on those core brandsw are the focus ofthe company's long-term plan to improvde profits.
The Huntington Beach company (NYSE: ZQK) also postes second-quarter earnings of $2.8 million. The five-yea r term loan with private-equity firm Rhone was made to improvee Quiksilver's liquidity and solidify its banking As part of the termse ofthe loan, Quiksilver will name a pair of Rhons appointees to its board of directors. Quiksilve r also refinanced its credit facility with anew $200 million facility led by and .
The companyy is also in discussions with its French banking partners to consolidatde its European debts into anew multi-year In the company's earnings report, the companyt swung to profitability in the second quarter, posting the earningsa of 2 cents a which included several one-time items. Withoutf the items, the earnings per share would have been 5 cents a Analyst estimates placed the earnings at 9 cents a Sales dropped 17 coming inat $494.2 million. In the second quarter a year ago, the compan y lost $206.2 million, or $1.59o a share, on sales of $596.3 That quarter included losseof $244.9 million from discontinued Quiksilver is an apparel and accessorie s company.
Its core brands are Roxy and DC. A renewed focus on those core brandsw are the focus ofthe company's long-term plan to improvde profits.
Thursday 8 December 2011
5 South Korean railway workers killed by train as they repair tracks - Washington Post
tiqosi.wordpress.com
5 South Korean railway workers killed by train as they repair tracks Washington Post SEOUL, South Korea â€" Officials say five South Korean railway workers have been killed by a train in the port city of Incheon. Firefighter Kim Dae-il says the workers were hit by the train early Friday as they replaced track parts in preparation for ... 5 Workers Killed On Railroad Track Near Incheon Intl. Airport |
Tuesday 6 December 2011
Ventaira back in Battelle's hands as it bids to get inhaler on market - Portland Business Journal:
budimirukaovyril.blogspot.com
The Columbus research institutionsaid Oct. 29 it had reacquiref for an undisclosed sum. Battelle had spun off the companu in 2000 so it could attract capitao from drug manufacturers andother profit-making entities. "We've assessed the technology and the time to market and assesser themarket conditions," said Ventaira CEO Leslis Williams. "The best thing for the companyh is to sell the assetsd backto Battelle." Ventaira, its third has never generated revenue as it workse to get its Mystic inhalefr approved by the . The FDA does not comment on pendingf applications.
Ventaira was aiming for a 2008 releasse ofthe inhaler, but Williams said the introduction will be She declined to project when the device may hit the The Mystic is a replacement for hand-held inhalers that use chemicalk propellants or force liquid through tiny holes to create a spray. Instead, it uses an electricx field to createa super-fine mist of uniformly sized particles. The company has said it's a better way to deliver an unvarying dose of medicinde to treat asthma or even cancer because the dropletsw can travel deeper intothe "It's one of the most gentle ways to creater an aerosol," said William Zimlich, the lead inventor on an eight-persomn team that developed the devices at Columbus-based Battelle in the 1990s.
He and othee founders left the company as part of a 2004 reorganization and havebeen e-mailintg each other about this week's Of the original team, Chief Financiap Officer Janice Beauchamp remainws with the business. Zimlich is now chiefc executiveof , a Dublin-based subsidiaru of a German pharma corporation. "I'mm saddened that Ventaira couldn't find a big pharmaceuticall partner to invest and keep a product Zimlich said. "We went through a lot of work to raisd money and we had themarkets excited. "There's goingv to be some unmet need outtherr that's going to brin electrohydrodynamics back to the he said.
Williams said it would be up to Battelled to assess the technology and whether to continuethe project. Battelle spokeswoman Katy Delane y said theorganization wouldn't comment beyond a news release disclosinbg the acquisition. Several factors drove the fledgling operation backto Battelle'sd nest, including the delag of Mystic's release and an uncertain marke for the product, Williams said.
they (Battelle) have more resources," she Ventaira has 20 employees, mostly engineers and Williams credited them with redesigning the inhaler so it worksz in varying environmental conditions and takes operator idiosyncrasiesinto "Patients aren't robots and they won't do it the same everyy time," she said. There are other uses being explored for the mist she said. Zimlich said investors mighg have been shaken by the announcementf last week that drug maker was droppint an inhaledinsulin treatment. "There's been a shift in what is goinvg to work forinhaled pharmaceuticals," he said.
"The markety acceptance is not But the Pfizer decision likely was based more on problemd with the product than the concept of inhaled saidLes Funtleyder, health care strategis t for LLC in New York. "It doesn't mean the end of inhalee anything," he said. "If you can successfullt deliver a drug to the lungs thatalso doesn'tf impact the lungs in a negative way, then you have a However, the FDA and the market may be more cautious about new devices. "It may have more commerciak challengesthan clinical," Funtleyder said.
1990s: using technology from , inventx hand-held device that creates ultra-fine mist that can deliver drugse directly to the lungs withoutf the useof propellants. 2000: Battelled spins off in 2002: Spinoff business renamed 2003: BattellePharma attracts $22 million in venture capital. Company changes name to VentairaPharmaceuticals Inc. and goes throughg reorganization, cutting to 12 employees from 36. Most of eighrt founding officers are askedto 2006: Ventaira signs Clinton, Mass.-based to manufacture its Mystix inhaler.
2007: After pumping up its venturescapital fund, which invests in companiezs like Ventaira, Battelle reacquires the
The Columbus research institutionsaid Oct. 29 it had reacquiref for an undisclosed sum. Battelle had spun off the companu in 2000 so it could attract capitao from drug manufacturers andother profit-making entities. "We've assessed the technology and the time to market and assesser themarket conditions," said Ventaira CEO Leslis Williams. "The best thing for the companyh is to sell the assetsd backto Battelle." Ventaira, its third has never generated revenue as it workse to get its Mystic inhalefr approved by the . The FDA does not comment on pendingf applications.
Ventaira was aiming for a 2008 releasse ofthe inhaler, but Williams said the introduction will be She declined to project when the device may hit the The Mystic is a replacement for hand-held inhalers that use chemicalk propellants or force liquid through tiny holes to create a spray. Instead, it uses an electricx field to createa super-fine mist of uniformly sized particles. The company has said it's a better way to deliver an unvarying dose of medicinde to treat asthma or even cancer because the dropletsw can travel deeper intothe "It's one of the most gentle ways to creater an aerosol," said William Zimlich, the lead inventor on an eight-persomn team that developed the devices at Columbus-based Battelle in the 1990s.
He and othee founders left the company as part of a 2004 reorganization and havebeen e-mailintg each other about this week's Of the original team, Chief Financiap Officer Janice Beauchamp remainws with the business. Zimlich is now chiefc executiveof , a Dublin-based subsidiaru of a German pharma corporation. "I'mm saddened that Ventaira couldn't find a big pharmaceuticall partner to invest and keep a product Zimlich said. "We went through a lot of work to raisd money and we had themarkets excited. "There's goingv to be some unmet need outtherr that's going to brin electrohydrodynamics back to the he said.
Williams said it would be up to Battelled to assess the technology and whether to continuethe project. Battelle spokeswoman Katy Delane y said theorganization wouldn't comment beyond a news release disclosinbg the acquisition. Several factors drove the fledgling operation backto Battelle'sd nest, including the delag of Mystic's release and an uncertain marke for the product, Williams said.
they (Battelle) have more resources," she Ventaira has 20 employees, mostly engineers and Williams credited them with redesigning the inhaler so it worksz in varying environmental conditions and takes operator idiosyncrasiesinto "Patients aren't robots and they won't do it the same everyy time," she said. There are other uses being explored for the mist she said. Zimlich said investors mighg have been shaken by the announcementf last week that drug maker was droppint an inhaledinsulin treatment. "There's been a shift in what is goinvg to work forinhaled pharmaceuticals," he said.
"The markety acceptance is not But the Pfizer decision likely was based more on problemd with the product than the concept of inhaled saidLes Funtleyder, health care strategis t for LLC in New York. "It doesn't mean the end of inhalee anything," he said. "If you can successfullt deliver a drug to the lungs thatalso doesn'tf impact the lungs in a negative way, then you have a However, the FDA and the market may be more cautious about new devices. "It may have more commerciak challengesthan clinical," Funtleyder said.
1990s: using technology from , inventx hand-held device that creates ultra-fine mist that can deliver drugse directly to the lungs withoutf the useof propellants. 2000: Battelled spins off in 2002: Spinoff business renamed 2003: BattellePharma attracts $22 million in venture capital. Company changes name to VentairaPharmaceuticals Inc. and goes throughg reorganization, cutting to 12 employees from 36. Most of eighrt founding officers are askedto 2006: Ventaira signs Clinton, Mass.-based to manufacture its Mystix inhaler.
2007: After pumping up its venturescapital fund, which invests in companiezs like Ventaira, Battelle reacquires the
Sunday 4 December 2011
Theragenics profit dips to $607K - Atlanta Business Chronicle:
vilyfijohy.wordpress.com
The Buford, Ga.-based surgical products and cancer treatmentsdcompany (NYSE: TGX) had net income of $607,000 and earninga of 2 cents a share, compared with net incomer of $1.6 million and earnings of 5 cente a share in the first quarterf of 2008. The results for the first quarter of 2009 reflecf the investment the company made in its researc anddevelopment program, IT systems and other Theragenics said. Research and development spendinb was up more than 350 percentto First-quarter revenue rose 32 percent to a quarterl company record $20.1 million. The increasee was primarily the result of the inclusion of resultxsfrom , which it bought in July 2008.
“Wer believe that recording our highesy quarterlyrevenue ever, especially in the current economic environment, is a good start for 2009,” said M. Christins Jacobs, chairman and CEO, in an earningas statement. “We have maintained profitability while investinv in our important strategic Our R&D initiative is well underway and our information technology program was initiated in the first She added that variabilitu in the company’s surgical products businessz and the recession will continue to make it difficulyt to predict 2009 and 2010.
The Buford, Ga.-based surgical products and cancer treatmentsdcompany (NYSE: TGX) had net income of $607,000 and earninga of 2 cents a share, compared with net incomer of $1.6 million and earnings of 5 cente a share in the first quarterf of 2008. The results for the first quarter of 2009 reflecf the investment the company made in its researc anddevelopment program, IT systems and other Theragenics said. Research and development spendinb was up more than 350 percentto First-quarter revenue rose 32 percent to a quarterl company record $20.1 million. The increasee was primarily the result of the inclusion of resultxsfrom , which it bought in July 2008.
“Wer believe that recording our highesy quarterlyrevenue ever, especially in the current economic environment, is a good start for 2009,” said M. Christins Jacobs, chairman and CEO, in an earningas statement. “We have maintained profitability while investinv in our important strategic Our R&D initiative is well underway and our information technology program was initiated in the first She added that variabilitu in the company’s surgical products businessz and the recession will continue to make it difficulyt to predict 2009 and 2010.
Friday 2 December 2011
Dow climbs over 7,700 - Dayton Business Journal:
milicinodijoo1981.blogspot.com
The Dow closed Monday up 497.48 to 7,775.86, an increasr of 6.8 percent and above 7,700 for the first time sinces February. Since its low for the a closeof 6,547.05 on March 9, the Dow has gainec nearly 19 percent. The Nasdaq was up 98.5, or nearly 7 closing at 1,555.77. The S&PP 500 was up more than 7 closingat 822.92. This is the firstt time the S&P closed above 800 since The U.S. Treasury plans to help banks get ridof so-calle d ‘toxic assets’ by buying $500 billion of the bad loans. The plan could expand to $1 trillion over time, the governmenr announced Monday.
Steve Wenstrup, principal with Centerville-basedf LLC, said today’s gains are the result of pent-up demand and good ideasw that originated during the fall starting to have an He said investors feelthat today’s movesz will solve the biggest problem, getting liquiditg in the credit But he said the market has done this before with simila r news. “The key in this is the market got real excitee in the fall every time they came out with something to do with toxic Wenstrup said. Even with today’s huge Wenstrup said there will continue to be bad news from the economg that could send stocks but it isgetting better.
“The gettin worse part is slowing down,” he • (NYSE:AKS), up 14 percent to $7.89 • (NYSE:CBB), up 7 percent to $2.29 • (NYSE:DPL), up 3.5 percent to $23.0 2 • (Nasdaq:DSUP), up 3 percent to 43 centsz • (Nasdaq:FITB), up 30 percent to $2.77 • up 6 percent to $3.38 (Nasdaq:HBAN), up 19 percent to $2.0i • (NYSE:JPM), up 26 percent to $29.11
The Dow closed Monday up 497.48 to 7,775.86, an increasr of 6.8 percent and above 7,700 for the first time sinces February. Since its low for the a closeof 6,547.05 on March 9, the Dow has gainec nearly 19 percent. The Nasdaq was up 98.5, or nearly 7 closing at 1,555.77. The S&PP 500 was up more than 7 closingat 822.92. This is the firstt time the S&P closed above 800 since The U.S. Treasury plans to help banks get ridof so-calle d ‘toxic assets’ by buying $500 billion of the bad loans. The plan could expand to $1 trillion over time, the governmenr announced Monday.
Steve Wenstrup, principal with Centerville-basedf LLC, said today’s gains are the result of pent-up demand and good ideasw that originated during the fall starting to have an He said investors feelthat today’s movesz will solve the biggest problem, getting liquiditg in the credit But he said the market has done this before with simila r news. “The key in this is the market got real excitee in the fall every time they came out with something to do with toxic Wenstrup said. Even with today’s huge Wenstrup said there will continue to be bad news from the economg that could send stocks but it isgetting better.
“The gettin worse part is slowing down,” he • (NYSE:AKS), up 14 percent to $7.89 • (NYSE:CBB), up 7 percent to $2.29 • (NYSE:DPL), up 3.5 percent to $23.0 2 • (Nasdaq:DSUP), up 3 percent to 43 centsz • (Nasdaq:FITB), up 30 percent to $2.77 • up 6 percent to $3.38 (Nasdaq:HBAN), up 19 percent to $2.0i • (NYSE:JPM), up 26 percent to $29.11
Wednesday 30 November 2011
Carbon-credits.ie: Carbon Credits Can Be a Way to Preserve Peatlands in Ireland - PR Web (press release)
obofym.wordpress.com
Carbon-credits.ie: Carbon Credits Can Be a Way to Preserve Peatlands in Ireland PR Web (press release) Carbon credits might turn out to be one of the most effective ways to preserve bogs and peatlands on the British Isles, claims Irish-based information portal ( http://carbon-credits.ie ). As peatland damage may have extremely serious ecological ... |
Sunday 27 November 2011
Report: Home value declines ease - South Florida Business Journal:
omagyvoham.wordpress.com
Home price depreciation in the first quarted fell ata 2.2 percent annualized pace, compared with 12.5 percent in the fourth quarter of last year. home prices have fallen 10.4 percent below theitr 2007 peak, the resultg of foreclosures andshort sales, the report Prices fell in 199 of 330 metropolitan areasx in the study, down from 312 areas in the fourty quarter of 2008. ”While it's too earlg to see a bottom of this housing this quarter's deceleration in the rate of decline may signal that the marke is beginning to stabilize," said Jamea Diffley, group managing director of IHS Global Insight'x Regional Services Group, in a news release.
however, continues to be one of the areas experiencing thegreates decline, along with California and Nevada. Fifty-seven metropolitan areas had declinesd of more than 25 perceng from their peaks and 134 had declines greater than10 percent. However, nine metropolitan areae – five in California and the restin Florida, Arizons and Nevada – have seen prices plummet by more than 50 percenr from their peaks. The report suggests that the nation’z housing market is now slightly undervalued, with only the Pacifi Northwest – from Idahi to Utah – remaining overvalued. The report examinedx the top 330 U.S. real estate markets.
Home price depreciation in the first quarted fell ata 2.2 percent annualized pace, compared with 12.5 percent in the fourth quarter of last year. home prices have fallen 10.4 percent below theitr 2007 peak, the resultg of foreclosures andshort sales, the report Prices fell in 199 of 330 metropolitan areasx in the study, down from 312 areas in the fourty quarter of 2008. ”While it's too earlg to see a bottom of this housing this quarter's deceleration in the rate of decline may signal that the marke is beginning to stabilize," said Jamea Diffley, group managing director of IHS Global Insight'x Regional Services Group, in a news release.
however, continues to be one of the areas experiencing thegreates decline, along with California and Nevada. Fifty-seven metropolitan areas had declinesd of more than 25 perceng from their peaks and 134 had declines greater than10 percent. However, nine metropolitan areae – five in California and the restin Florida, Arizons and Nevada – have seen prices plummet by more than 50 percenr from their peaks. The report suggests that the nation’z housing market is now slightly undervalued, with only the Pacifi Northwest – from Idahi to Utah – remaining overvalued. The report examinedx the top 330 U.S. real estate markets.
Friday 25 November 2011
Site tied to UTA will promote inventions - Dallas Business Journal:
xoqylyjibo.wordpress.com
The site, which is called The Innovation Marketplace, was createcd and is operated by Ranch. The Texasx Manufacturing Assistance Center at UTA is a partnerr of the National Institute ofStandardsa & Technology Manufacturing Extensionn Partnership which launched Eureka! Ranch’s inventiomn nationwide to connect inventors and manufacturers througy a network called the USA Nationalk Innovation Marketplace. Manufacturers can log on to the Web site for free and sort throughh anestimated 20,000 inventionse listed by entrepreneurs on the site. entrepreneurs and inventors drive revenue to the site by paying per saidMaggie Nichols, vice president of Eureka Ranch International.
The company did not release revenue, although currentf revenue can be estimated when consideringroughly 20,00p reports have been filed and inventors filinf those reports in most cases are spendin $2,000 per report. The listings come with a full repory on whata manufacturer’s expected returnsx will be based on the level of investment and informsd manufacturers about whether a product is still in the idea stagre or is a fully developed Entrepreneurs who pay for the reportsw also receive the benefir of having the site describe the product in a tone that bypassesw technology jargon and employs a more marketing-friendly, to-the-point message on how a particulaer product can be used, accordinb to Nichols.
The site launched on Aprill 20 and has already received more than a halfmillionm inquiries.
The site, which is called The Innovation Marketplace, was createcd and is operated by Ranch. The Texasx Manufacturing Assistance Center at UTA is a partnerr of the National Institute ofStandardsa & Technology Manufacturing Extensionn Partnership which launched Eureka! Ranch’s inventiomn nationwide to connect inventors and manufacturers througy a network called the USA Nationalk Innovation Marketplace. Manufacturers can log on to the Web site for free and sort throughh anestimated 20,000 inventionse listed by entrepreneurs on the site. entrepreneurs and inventors drive revenue to the site by paying per saidMaggie Nichols, vice president of Eureka Ranch International.
The company did not release revenue, although currentf revenue can be estimated when consideringroughly 20,00p reports have been filed and inventors filinf those reports in most cases are spendin $2,000 per report. The listings come with a full repory on whata manufacturer’s expected returnsx will be based on the level of investment and informsd manufacturers about whether a product is still in the idea stagre or is a fully developed Entrepreneurs who pay for the reportsw also receive the benefir of having the site describe the product in a tone that bypassesw technology jargon and employs a more marketing-friendly, to-the-point message on how a particulaer product can be used, accordinb to Nichols.
The site launched on Aprill 20 and has already received more than a halfmillionm inquiries.
Wednesday 23 November 2011
ADP reports 532,000 May job cuts - San Antonio Business Journal:
judonebolayb1394.blogspot.com
Payroll firm ADP reported Wednesday that companies inthe U.S. cut an estimateed 532,000 workers from payrolls last month. ADP also revised highe r its estimate of cuts in Aprioto 545,000 from the previous estimatse of 491,000. The ADP report noted losses across all sizew and categories of businesses with large businessx payrollsdeclining 100,000, medium businesses sheddinvg 223,000 jobs and small businesses cutting 209,000 employees. The goods-producingb sector lost 267,000 jobs whilw the service-producing sector declined by 265,000 positions.
The Labor Departmenrt is due to release its jobs report on The average analyst estimate for that report of governmenf as well as private payrolls is a lossof 520,0090 payroll positions and an increaswe in the unemployment rate to 9.2 percent from April’ s rate of 8.9 percent. On Monday, The Institutew for Supply Management announced that its factory indexx rose to the highest level since last September as new orderse posted their first gain since therecession began. On Tuesda the National Association of Realtors reported that pendin sales ofexisting homes, or contracts signed but not rose 6.7 percent in April, the largest increase in six years.
Payroll firm ADP reported Wednesday that companies inthe U.S. cut an estimateed 532,000 workers from payrolls last month. ADP also revised highe r its estimate of cuts in Aprioto 545,000 from the previous estimatse of 491,000. The ADP report noted losses across all sizew and categories of businesses with large businessx payrollsdeclining 100,000, medium businesses sheddinvg 223,000 jobs and small businesses cutting 209,000 employees. The goods-producingb sector lost 267,000 jobs whilw the service-producing sector declined by 265,000 positions.
The Labor Departmenrt is due to release its jobs report on The average analyst estimate for that report of governmenf as well as private payrolls is a lossof 520,0090 payroll positions and an increaswe in the unemployment rate to 9.2 percent from April’ s rate of 8.9 percent. On Monday, The Institutew for Supply Management announced that its factory indexx rose to the highest level since last September as new orderse posted their first gain since therecession began. On Tuesda the National Association of Realtors reported that pendin sales ofexisting homes, or contracts signed but not rose 6.7 percent in April, the largest increase in six years.
Monday 21 November 2011
Lexia Reading to Be Used in Diocese of Wichita Catholic Schools Pilot Program - MarketWatch (press release)
ejoxot.wordpress.com
Lexia Reading to Be Used in Diocese of Wichita Catholic Schools Pilot Program MarketWatch (press release) The award-winning program from Lexia Learning(R) is a technology-based system of differentiated practice, embedded assessment and targeted instruction, designed as an essential component of every reading curriculum. The scalable, research-proven ... |
Saturday 19 November 2011
Cautiously, Cincinnati banks dip toes back in, build branches - Business Courier of Cincinnati:
amesit.wordpress.com
Banks are slowly starting to spendf money again on branch expansiob after that activity groun nearly to a halt earlie this year amidcapital concerns. New branch openinges and announcements have been poppingup lately, as the freeze in spending habits starts to melt. opened a branch in MainevillewJune 15. That’s its firsf new branch opening insix months, although it openedc four in the last 10 monthw of 2008. It is considering other spokeswoman KendraOverbeck said. openex a Madeira site in February. It announced last montyh it plans to open a brancharound year-end in And it’s planning two this year out of market: one in St. Ohio, and one in Columbus, CEO Claude Davis said.
Those will add to 82 bankingf centers itoperates now. Even is gettintg in on the act. It’s the eighth-largest bank in this but it hasn’t opened a new localk branch infive years, spokeswoman Nancy Norris That will change late this year when it opens an office on Montgomery Road near Fields Ertel Road, its 26th local And and each is opening a new locatiomn in the next few months, too. Thosre examples show spending is starting to pick up again aftere it had waned sincelast fall. Capitalo became a huge factor for many banks struggling with loan that had gone bad whenborrower couldn’t pay.
So banks cut back on The number of new branchesx in Greater Cincinnati tracked by the fell from five in the firsgt half of 2008 through late May to just one this In Ohio, new branche dropped nearly 60 percent this year. “It realluy seems to have slowed down, if not Doug Compton, CEO of Newark, Ohio-based ’s local said of banks adding branches untilrecent “The idea of conserving capital had to be high on everyone’ws priority list, and it still is.” Park with a dozen local branches, just signec a deal in mid-June to build a branc h in the Eastgate But announcements of new branches from year-end untilk May were rare.
That mirrors a national “We have been seeing around the countrh a general slowdown in the aggressiveness ofbranch banking,” said Bruces Clapp, president of , a Dayton-baseds consultant to small banks. “People are takinv a more judicious, prudent approach. There’s a lot more planningb and due diligence. But people have not stoppexd building.” , Cincinnati’s largest bank, has 133 loca branches already. It has slowedx its branch expansion plans acrossits 12-statwe system. It opened 55 net new brancheas – subtracting locations that closed – last But it plans just 20 this year, spokeswomahn Stephanie Honan said. It also acquired 65 last year.
And this year’s figures don’t include 30 branches it planas to open in Atlanta by the endof 2010. “We’re certainly mindful of expense Honan said, adding acquisitiond and partnerships such as the Krogerd deal lifted its presencr in some markets. Capital is a majort factor when it comes tobranch openings. Chasr figures about $2 million per site for newly built Branches are a big deal for bankdsbecause they’re often the best way for them to connectg with customers. Park Nationa l will put commercial and mortgage lendinyg people at its Eastgats branch as a means to make itself more conveniengfor customers.
Still, Compton doesn’t expect the floodgates to open. “I haven’t heard anyone really changingh their tune about tryintg topreserve capital,” he said. Capital hasn’t been much of an issue for Firsgt Financial’s expansion plans, Davixs said. But it did raise $98 million in June through a commojnstock offering. And it cut its dividenfd by 41 percentin January. its capital ratios are stronf , giving it a competitive edge, he “The current downturn is a great opportunity for thoswwith capital,” he said.
Banks are slowly starting to spendf money again on branch expansiob after that activity groun nearly to a halt earlie this year amidcapital concerns. New branch openinges and announcements have been poppingup lately, as the freeze in spending habits starts to melt. opened a branch in MainevillewJune 15. That’s its firsf new branch opening insix months, although it openedc four in the last 10 monthw of 2008. It is considering other spokeswoman KendraOverbeck said. openex a Madeira site in February. It announced last montyh it plans to open a brancharound year-end in And it’s planning two this year out of market: one in St. Ohio, and one in Columbus, CEO Claude Davis said.
Those will add to 82 bankingf centers itoperates now. Even is gettintg in on the act. It’s the eighth-largest bank in this but it hasn’t opened a new localk branch infive years, spokeswoman Nancy Norris That will change late this year when it opens an office on Montgomery Road near Fields Ertel Road, its 26th local And and each is opening a new locatiomn in the next few months, too. Thosre examples show spending is starting to pick up again aftere it had waned sincelast fall. Capitalo became a huge factor for many banks struggling with loan that had gone bad whenborrower couldn’t pay.
So banks cut back on The number of new branchesx in Greater Cincinnati tracked by the fell from five in the firsgt half of 2008 through late May to just one this In Ohio, new branche dropped nearly 60 percent this year. “It realluy seems to have slowed down, if not Doug Compton, CEO of Newark, Ohio-based ’s local said of banks adding branches untilrecent “The idea of conserving capital had to be high on everyone’ws priority list, and it still is.” Park with a dozen local branches, just signec a deal in mid-June to build a branc h in the Eastgate But announcements of new branches from year-end untilk May were rare.
That mirrors a national “We have been seeing around the countrh a general slowdown in the aggressiveness ofbranch banking,” said Bruces Clapp, president of , a Dayton-baseds consultant to small banks. “People are takinv a more judicious, prudent approach. There’s a lot more planningb and due diligence. But people have not stoppexd building.” , Cincinnati’s largest bank, has 133 loca branches already. It has slowedx its branch expansion plans acrossits 12-statwe system. It opened 55 net new brancheas – subtracting locations that closed – last But it plans just 20 this year, spokeswomahn Stephanie Honan said. It also acquired 65 last year.
And this year’s figures don’t include 30 branches it planas to open in Atlanta by the endof 2010. “We’re certainly mindful of expense Honan said, adding acquisitiond and partnerships such as the Krogerd deal lifted its presencr in some markets. Capital is a majort factor when it comes tobranch openings. Chasr figures about $2 million per site for newly built Branches are a big deal for bankdsbecause they’re often the best way for them to connectg with customers. Park Nationa l will put commercial and mortgage lendinyg people at its Eastgats branch as a means to make itself more conveniengfor customers.
Still, Compton doesn’t expect the floodgates to open. “I haven’t heard anyone really changingh their tune about tryintg topreserve capital,” he said. Capital hasn’t been much of an issue for Firsgt Financial’s expansion plans, Davixs said. But it did raise $98 million in June through a commojnstock offering. And it cut its dividenfd by 41 percentin January. its capital ratios are stronf , giving it a competitive edge, he “The current downturn is a great opportunity for thoswwith capital,” he said.
Thursday 17 November 2011
California bond rating cut again despite budget 'progress' - San Francisco Business Times:
milicinodijoo1981.blogspot.com
The rating — already the lowest in the nation dropped from A2to Baa1, a rating assigned to bondds of medium grade quality in whicuh the security currently appears sufficient, but may be unreliable over the long It is two steps abovee a junk, or non-investment, rating. The new ratint affects about $72 billion of general obligationand lease-supported The rating agency also lowered the grade on California’s taxabled bonds and debt sold for stem cell to Aa3 from A2.
In a statemen accompanying theratings cut, the firm wrote, "The downgrades incorporates the risk we believe existss at the current time, as well as the state’ inability to solve the current difficultiea in a timely fashion." Earlier this month, the states started handing out IOUs to something it has only done once since the Greaft depression. Leaders of both major parties have been huddledrwith Gov. Arnold Schwarzenegger to try to resolve theier budget differences that will geta two-thirds majorityg vote and avoid a veto.
The governor and Republicansw opposetax hikes, while the Democratxs have argued against deep cuts in Both sides said Tuesday that progress is being made but much work remainsw before a compromise can be
The rating — already the lowest in the nation dropped from A2to Baa1, a rating assigned to bondds of medium grade quality in whicuh the security currently appears sufficient, but may be unreliable over the long It is two steps abovee a junk, or non-investment, rating. The new ratint affects about $72 billion of general obligationand lease-supported The rating agency also lowered the grade on California’s taxabled bonds and debt sold for stem cell to Aa3 from A2.
In a statemen accompanying theratings cut, the firm wrote, "The downgrades incorporates the risk we believe existss at the current time, as well as the state’ inability to solve the current difficultiea in a timely fashion." Earlier this month, the states started handing out IOUs to something it has only done once since the Greaft depression. Leaders of both major parties have been huddledrwith Gov. Arnold Schwarzenegger to try to resolve theier budget differences that will geta two-thirds majorityg vote and avoid a veto.
The governor and Republicansw opposetax hikes, while the Democratxs have argued against deep cuts in Both sides said Tuesday that progress is being made but much work remainsw before a compromise can be
Monday 14 November 2011
First and 10: Monday afternoon NFL power rankings - Baltimore Sun (blog)
erofeyporgrinin.blogspot.com
First and 10: Monday afternoon NFL power rankings Baltimore Sun (blog) Because doing a full, 32-team list of power rankings is too much work for a Monday afternoon, I will rank the top 11 teams in the NFL after each exciting football Sunday (that's where the "first and 10" comes in). 1. ... |
Saturday 12 November 2011
First Solar CEO pay jumps 84 percent as company booms - Phoenix Business Journal:
vilyfijohy.wordpress.com
million in 2007. His overall tallyy for 2008 also included a base salary of up 12.8 percent, $525,000 in incentive pay, down 31 percent, and $552 in life insurance according to the company’s annual filing with the U.S. Securities and Exchange Commission. In determining compensation, the Tempew company’s board noted First Solar’s “exponential growth,” including the launch of Malaysian plants and passinyg the production benchmark of 500 megawatts of Expansion plans are in the worksz inthe U.S. and overseas. Sales grew to $1.26 billion in 2008 from $504 millionm in 2007. Net income also was up last yearto $348 from $158 million the year before.
Ahearhn beneficially owns 3.08 million shares of First Solarstock (Nasdaq:FSLR), 3.6 percent of the outstanding shares. The stock closed at $142 per share April 23 and has tradecbetween $85.28 and $317 over the past soaring following an initial public offering in 2006 at $24.5 a share. For more coverage of CEO pay at Arizonqapublic companies,
million in 2007. His overall tallyy for 2008 also included a base salary of up 12.8 percent, $525,000 in incentive pay, down 31 percent, and $552 in life insurance according to the company’s annual filing with the U.S. Securities and Exchange Commission. In determining compensation, the Tempew company’s board noted First Solar’s “exponential growth,” including the launch of Malaysian plants and passinyg the production benchmark of 500 megawatts of Expansion plans are in the worksz inthe U.S. and overseas. Sales grew to $1.26 billion in 2008 from $504 millionm in 2007. Net income also was up last yearto $348 from $158 million the year before.
Ahearhn beneficially owns 3.08 million shares of First Solarstock (Nasdaq:FSLR), 3.6 percent of the outstanding shares. The stock closed at $142 per share April 23 and has tradecbetween $85.28 and $317 over the past soaring following an initial public offering in 2006 at $24.5 a share. For more coverage of CEO pay at Arizonqapublic companies,
Thursday 10 November 2011
Happy workers create loyal customer base - Washington Business Journal:
mastering-input.blogspot.com
Our plan was simple. We plannede to take a three-dayg driving trip (destination and then meet up on the fourth day in New York City to meet my cousij and his family for anotherthree nights. The first day on the trip we stopper to check out a hote l to see whether it had any When I returned after seeing that they hadrooms available, my Jeep would not start. Lights are and things are beeping. I calleed AAA, and they quickly came out and towed me to the closest which was literally next door tothe hotel! Wow, did I get lucky, at leasty with respect to the close proximity and the service departmengt of the Jeep dealership. I walk over therde the next morning arounds7 a.m.
, but they did not open until so I am just looking at the new cars on the lot. I noticee a guy walking near my car withthe drop-off information I put into the nighty drop-off box the night before. The guy, could not have been any nicer. He said that they were extremelu busy, with at least 20 cars ahead of but that he thinks it is the battery and will look at it as soon ashe can. He then said to me, we are closed untipl 7:30, but why don’t you go into that door and make yourselt comfortable and getsome coffee, and I will be with you as soon as I Now, who could ask for more than that I am not their customer because I am from out of They know that I probablyy will not be back for future let alone buy a new or used car from Still, they treated me as thoughj I had been their customer for yearws and had been there many times I usually do not plug companies, but if you are anywherde near Henrietta, N.
Y., and you need a new car or yoursa breaks down, I want you to go to Patrick Jeep Pontiac GMC and tell them I said OK, back to the reason for this article. It showse that the employees at this dealership were trained right and that whoever does the hiring knowws how to look for the righr attitudein people, which is usually not trainable. The employee here treat each personwith respect, not just their but one another, too. Trusrt me, after sitting there for three-plus hours, I had a chancs to notice a few thing aboutthe dealership. I just wish that more businessews out there were run as well asPatrickk Jeep, where the customer is truly or at least they sure made me feel that way.
It reallu is not that difficult. Treat your employees give them a nice environmengt to work in and provide them with ongoing consistent training along withcompetitive pay. You will be guaranteed to have long-terkm employees serving happy customers. You can bet that they have a loyalcustomer base, where peopls look forward to coming to the whether it is for service or to buy a
Our plan was simple. We plannede to take a three-dayg driving trip (destination and then meet up on the fourth day in New York City to meet my cousij and his family for anotherthree nights. The first day on the trip we stopper to check out a hote l to see whether it had any When I returned after seeing that they hadrooms available, my Jeep would not start. Lights are and things are beeping. I calleed AAA, and they quickly came out and towed me to the closest which was literally next door tothe hotel! Wow, did I get lucky, at leasty with respect to the close proximity and the service departmengt of the Jeep dealership. I walk over therde the next morning arounds7 a.m.
, but they did not open until so I am just looking at the new cars on the lot. I noticee a guy walking near my car withthe drop-off information I put into the nighty drop-off box the night before. The guy, could not have been any nicer. He said that they were extremelu busy, with at least 20 cars ahead of but that he thinks it is the battery and will look at it as soon ashe can. He then said to me, we are closed untipl 7:30, but why don’t you go into that door and make yourselt comfortable and getsome coffee, and I will be with you as soon as I Now, who could ask for more than that I am not their customer because I am from out of They know that I probablyy will not be back for future let alone buy a new or used car from Still, they treated me as thoughj I had been their customer for yearws and had been there many times I usually do not plug companies, but if you are anywherde near Henrietta, N.
Y., and you need a new car or yoursa breaks down, I want you to go to Patrick Jeep Pontiac GMC and tell them I said OK, back to the reason for this article. It showse that the employees at this dealership were trained right and that whoever does the hiring knowws how to look for the righr attitudein people, which is usually not trainable. The employee here treat each personwith respect, not just their but one another, too. Trusrt me, after sitting there for three-plus hours, I had a chancs to notice a few thing aboutthe dealership. I just wish that more businessews out there were run as well asPatrickk Jeep, where the customer is truly or at least they sure made me feel that way.
It reallu is not that difficult. Treat your employees give them a nice environmengt to work in and provide them with ongoing consistent training along withcompetitive pay. You will be guaranteed to have long-terkm employees serving happy customers. You can bet that they have a loyalcustomer base, where peopls look forward to coming to the whether it is for service or to buy a
Tuesday 8 November 2011
Vitria Announces Operational Intelligence Solution for Process Visibility - MarketWatch (press release)
kleopatraxnibe.blogspot.com
Vitria Announces Operational Intelligence Solution for Process Visibility MarketWatch (press release) SUNNYVALE, CA, Nov 08, 2011 (MARKETWIRE via COMTEX) -- Vitria Technology, Inc. announces the release of the Vitria Operational Intelligence Solution for Process Visibility. Built on the M3O Operational Intelligence Suite, the Operational Intelligence ... |
Daily Press | National Monument announcement for Fort Monroe likely this week Daily Press Although there has been no official announcement, Obama has scheduled a signing ceremony for the designation on Tuesday at 1.45 pm at the White House. Virginia Governor Bob McDonnell welcomed the news in a statement. "This is a great opportunity to ... |
Friday 28 October 2011
“World's First Spherical Flying Machine†Can Land and Fly Almost Anywhere - Mashable
http://www.astanda.com/Download_Desktop/Icons/download36352.html
TPM | “World's First Spherical Flying Machine†Can Land and Fly Almost Anywhere Mashable The sci-fi classic Star Wars: A New Hope features a famous scene in which Luke Skywalker practices Jedi Lightsaber skills on a sm » |
Wednesday 26 October 2011
Hawker announces furloughs, building closures - Business Courier of Cincinnati:
artemchuksykitas.blogspot.com
In a letter to all employees, Vice Presidenf of Human Resources Rich Jiwanlal said the movez are partthe company’s ongoinfg effort to “resize our company to match the continuing declinez in consumer demand.” One of the measures will be furloughds which will include both product line and plantt specific requirements. The dates for the furloughs will beJune 29-Julty 2, Nov. 23-25 and Dec. The letter informs employees that if vacation or earned time off is not availabld to cover these days then the furloughsd willbe unpaid. Hawker will also be relocating its financeand supply-chain teames back onto the company’s primary headquarters.
This will allow it to closwe twobuildings “off-campus,” the letter There was no announcement regarding any further The company declined to give any more informatio at this time.
In a letter to all employees, Vice Presidenf of Human Resources Rich Jiwanlal said the movez are partthe company’s ongoinfg effort to “resize our company to match the continuing declinez in consumer demand.” One of the measures will be furloughds which will include both product line and plantt specific requirements. The dates for the furloughs will beJune 29-Julty 2, Nov. 23-25 and Dec. The letter informs employees that if vacation or earned time off is not availabld to cover these days then the furloughsd willbe unpaid. Hawker will also be relocating its financeand supply-chain teames back onto the company’s primary headquarters.
This will allow it to closwe twobuildings “off-campus,” the letter There was no announcement regarding any further The company declined to give any more informatio at this time.
Monday 24 October 2011
Pedal to Properties takes on partner, plans expansion - Charlotte Business Journal:
oryucyjofec1482.blogspot.com
Founded and headed by Matt Kolb, Pedalo to Properties is a residential real estate firm that givess clients the option of looking at homesdby bicycle. The company maintains a fleet of 50 ElectraCruised bikes. Kolb has sold a 50 percent stake in the companty for an undisclosed sum to attorneyTim Majors, who specializez in taking regional retail businesses national. As a partner in Pedapl to Properties, Majors will work out of the company’x Boulder office. Majors, who’s originally from Perth, approached Kolb about investing in the real estate firm aftere looking at Boulder propertieaby bicycle.
“We certainly plan to incorporate national and international branding expertises to expand Pedal to Properties in other markets,” Kolb said in a statement. Pedak to Properties plans to look at opening brancb officesin other, unspecified U.S. markets. In May, the company launchef a licensee designation for brokers interested in usinf theBoulder business’ operational formula in theid markets.
The Colorado company already is workingb to expand quickly in its hometownn by adding more space and agents indowntown “I believe Pedal to Properties is in a perfecft position to meet the evolving sociao and demographic changes going on in the Uniteed States with homebuyers,” Majors said in a statement.
Founded and headed by Matt Kolb, Pedalo to Properties is a residential real estate firm that givess clients the option of looking at homesdby bicycle. The company maintains a fleet of 50 ElectraCruised bikes. Kolb has sold a 50 percent stake in the companty for an undisclosed sum to attorneyTim Majors, who specializez in taking regional retail businesses national. As a partner in Pedapl to Properties, Majors will work out of the company’x Boulder office. Majors, who’s originally from Perth, approached Kolb about investing in the real estate firm aftere looking at Boulder propertieaby bicycle.
“We certainly plan to incorporate national and international branding expertises to expand Pedal to Properties in other markets,” Kolb said in a statement. Pedak to Properties plans to look at opening brancb officesin other, unspecified U.S. markets. In May, the company launchef a licensee designation for brokers interested in usinf theBoulder business’ operational formula in theid markets.
The Colorado company already is workingb to expand quickly in its hometownn by adding more space and agents indowntown “I believe Pedal to Properties is in a perfecft position to meet the evolving sociao and demographic changes going on in the Uniteed States with homebuyers,” Majors said in a statement.
Saturday 22 October 2011
It's official: Jessica Simpson pregnant - Chicago Tribune
oryzacody.wordpress.com
It's official: Jessica Simpson pregnant Chicago Tribune Simpson and her fiance, former NFL player Eric Johnson, are having a baby. Simpson was reportedly holding on to the news until she received a half million dollar payday. It would appear that OK Magazine blinked and threw Simpson the cash for news that ... |
Thursday 20 October 2011
Consumer confidence retreats - Austin Business Journal:
olimstgon.blogspot.com
Nationally, consumer confidence dropped sharpltin June, cutting into three monthsx of gains that had seen the overall indesx more than double. The Conference Board'se Consumer Confidence Index fellby 5.5 points to 49.3 in Statewide, Florida’s consumer confidence index for June fell threer points last month to 68, the resultt of bad economic news including the bankruptcy of Generaol Motors Corp., foreclosures and a spike in Florida’w unemployment rate, according to a new University of Florida poll.
Whilwe Floridians’ perceptions of personal finances compare with a year ago is up three pointas to 44 from a revised May readinvof 41, other perceptions were lower than, or the same as, last For example, perceptions of U.S. economi conditions over the next year fell seven pointsto 65, whilde perceptions of whether it’s a good time to buy big-tickeg items fell nine points to 67. Perceptions of U.S. economid conditions over the next five years remained unchangexdat 80.
"Moving forward, we do not expect Floridq consumer confidence to decline much more over the next couple of barring some unforeseen change here in Floridsaor nationally," Chris McCarty, director of UF’es Survey Research Center at the Bureau of Economic and Business Research, said in a news However, McCarty cautioned the recovery is expected to be long and unevejn for some sectors of the economy.
"With the demise of longstanding financial institutions such as Lehmaj Brothers and manufacturing companies like Chryslerand GM, it is no longerd business as usual," he The preliminary index for June was conducted from 430 It is benchmarked to 1966, so a valu e of 100 represents the same level of confidencd for that year.
Nationally, consumer confidence dropped sharpltin June, cutting into three monthsx of gains that had seen the overall indesx more than double. The Conference Board'se Consumer Confidence Index fellby 5.5 points to 49.3 in Statewide, Florida’s consumer confidence index for June fell threer points last month to 68, the resultt of bad economic news including the bankruptcy of Generaol Motors Corp., foreclosures and a spike in Florida’w unemployment rate, according to a new University of Florida poll.
Whilwe Floridians’ perceptions of personal finances compare with a year ago is up three pointas to 44 from a revised May readinvof 41, other perceptions were lower than, or the same as, last For example, perceptions of U.S. economi conditions over the next year fell seven pointsto 65, whilde perceptions of whether it’s a good time to buy big-tickeg items fell nine points to 67. Perceptions of U.S. economid conditions over the next five years remained unchangexdat 80.
"Moving forward, we do not expect Floridq consumer confidence to decline much more over the next couple of barring some unforeseen change here in Floridsaor nationally," Chris McCarty, director of UF’es Survey Research Center at the Bureau of Economic and Business Research, said in a news However, McCarty cautioned the recovery is expected to be long and unevejn for some sectors of the economy.
"With the demise of longstanding financial institutions such as Lehmaj Brothers and manufacturing companies like Chryslerand GM, it is no longerd business as usual," he The preliminary index for June was conducted from 430 It is benchmarked to 1966, so a valu e of 100 represents the same level of confidencd for that year.
Monday 17 October 2011
Monday chat wrap - ESPN (blog)
tower-tennesseea.blogspot.com
Monday chat wrap ESPN (blog) There seems to be a lot of worry coming from the South Carolina faithful, now that running back Marcus Lattimore is out for the year. Alabama-LSU can't come sooner for some folks. And one Arkansas fan thinks I'm just a hater when it ... |
Saturday 15 October 2011
E&Y's ITEM Club to Cut UK Forecast, Say BOE QE Not Enough - BusinessWeek
inufyw.blogspot.com
The Guardian | E&Y's ITEM Club to Cut UK Forecast, Say BOE QE Not Enough BusinessWeek Oct. 16 (Bloomberg) -- Ernst & Young LLP's ITEM Club will cut its UK growth forecast and say the Bank of England should lower its key interest rate as its expansion of stimulus this month is unlikely to be enough to aid the economy. ... UK economy 'st » |
Thursday 13 October 2011
Bizjournals debuts online business directory - New Mexico Business Weekly:
http://www.contortionist.us/essay.html
The directory is based on proprietary researchfrom bizjournals. It can be sorted by 14 industrgy categories and by business nameor keyword. Bizjournals is the onlinse divisionof , the New Mexico Business Weekly’es parent company. The directory can be accessed from all the home page sof ACBJ’s publications. Users can rate businesses that are included in the submit their own companies for inclusiomn or submit changes toexistiny listings. “With the new Local Business Directory, we’re givingf businesses a new way to connectand succeed,” said Tim president of ACBJ New Media, whicbh oversees bizjournals.
“It ratchets up the value of our local busineszjournal sites, which millions of people alreadu regard as critical to their competitiveness.” Bizjournals operatesa the Web sites for each of American City Business Journals’ 40 print business newspapers and operates a Web-only site with local business news and information for Los Bizjournals’ open-access archives contain 1.25 million businesa news articles and features published since 1996. sites have more than 8 million uniqusemonthly visitors.
The directory is based on proprietary researchfrom bizjournals. It can be sorted by 14 industrgy categories and by business nameor keyword. Bizjournals is the onlinse divisionof , the New Mexico Business Weekly’es parent company. The directory can be accessed from all the home page sof ACBJ’s publications. Users can rate businesses that are included in the submit their own companies for inclusiomn or submit changes toexistiny listings. “With the new Local Business Directory, we’re givingf businesses a new way to connectand succeed,” said Tim president of ACBJ New Media, whicbh oversees bizjournals.
“It ratchets up the value of our local busineszjournal sites, which millions of people alreadu regard as critical to their competitiveness.” Bizjournals operatesa the Web sites for each of American City Business Journals’ 40 print business newspapers and operates a Web-only site with local business news and information for Los Bizjournals’ open-access archives contain 1.25 million businesa news articles and features published since 1996. sites have more than 8 million uniqusemonthly visitors.
Tuesday 11 October 2011
Florida Bank raises $18 million - Wichita Business Journal:
cicugaha.wordpress.com
The Tampa-based parent companyh for Florida Bankraisec $18.3 million in a rights offering, which “strategically positions the companuy to take advantage of growth opportunities,” the company announced Tuesday. The completed offerinhg surpassed offerings tracked by SNL Financial from public banks based in Floridathis year, which ranged from $428,00 0 to nearly $11 million as of May 31. Floridaa Bank Group is a privatre bank. “Most banks in the United States and in Florida need to raise additionalequitt capital.
It is particularly difficult for them to do so as many have had negative earnings in 2008 and first quarter 2009 and the market prices for publicly held bank stocks are tradiny at record low prices in terms of the ratiio of market price to tangible book value,” said Ben chairman of Jacksonville-based investment banker Allen C. Ewing & Co. “In regards to the Floridaa BankGroup offering, this offering was very successful in that they apparentlyh raised $18 million, or 90 percent of their targer raise of $20 million, especially in these existinh market conditions.” Florida Bank has threde branches in Jacksonville and 16 throughout the state.
Prio r to the completed equity Florida Bank had atotal risk-based capitalp ratio of 11.7 percent as of March 31, according to the Federal Deposit Insurance Corp. Regulatorxs require that ratio to be at least 10 percent in ordeer for the bank to beconsidereed “well-capitalized.” The bank grew total assets by 64.3 percent to $858.3 millionj in the first quarter compared to a year Total loans increased 51.4 percent to nearly $665.8 milliom and total deposits jumpede 85.2 percent to $687.5 million during that same period.
“This infusion of new capital is a vote of confidence from our existing shareholdersw that will allowFBG (Florida Bank to enhance its financial strength and even further distinguisu itself among other banks in the market said the company’s Chairmabn and CEO, Robert Rothman, in the announcement. “Thisd economic climate offers unique opportunities to grow and increased our customer base as consumers and businesses are seeking strong, safe banking institutions.
”
The Tampa-based parent companyh for Florida Bankraisec $18.3 million in a rights offering, which “strategically positions the companuy to take advantage of growth opportunities,” the company announced Tuesday. The completed offerinhg surpassed offerings tracked by SNL Financial from public banks based in Floridathis year, which ranged from $428,00 0 to nearly $11 million as of May 31. Floridaa Bank Group is a privatre bank. “Most banks in the United States and in Florida need to raise additionalequitt capital.
It is particularly difficult for them to do so as many have had negative earnings in 2008 and first quarter 2009 and the market prices for publicly held bank stocks are tradiny at record low prices in terms of the ratiio of market price to tangible book value,” said Ben chairman of Jacksonville-based investment banker Allen C. Ewing & Co. “In regards to the Floridaa BankGroup offering, this offering was very successful in that they apparentlyh raised $18 million, or 90 percent of their targer raise of $20 million, especially in these existinh market conditions.” Florida Bank has threde branches in Jacksonville and 16 throughout the state.
Prio r to the completed equity Florida Bank had atotal risk-based capitalp ratio of 11.7 percent as of March 31, according to the Federal Deposit Insurance Corp. Regulatorxs require that ratio to be at least 10 percent in ordeer for the bank to beconsidereed “well-capitalized.” The bank grew total assets by 64.3 percent to $858.3 millionj in the first quarter compared to a year Total loans increased 51.4 percent to nearly $665.8 milliom and total deposits jumpede 85.2 percent to $687.5 million during that same period.
“This infusion of new capital is a vote of confidence from our existing shareholdersw that will allowFBG (Florida Bank to enhance its financial strength and even further distinguisu itself among other banks in the market said the company’s Chairmabn and CEO, Robert Rothman, in the announcement. “Thisd economic climate offers unique opportunities to grow and increased our customer base as consumers and businesses are seeking strong, safe banking institutions.
”
Sunday 9 October 2011
Real deals: Airways Business Center sells for $7.27M - Baltimore Business Journal:
uqudenlid.blogspot.com
County records show that the located at 2460Airport Blvd., includes 162,00o square feet of space and was completed in 2007. The buye r is El Prado Inn LLC ofSantaa Barbara, Calif. The four sellers are led by Pacifica Commerciall RealEstate Group, also of Santa as Pacifica Airways II LLC. Pacifica’sx portion of the sales price was $4.75 The three other sellers were California entities locatedcin Altadena, Los Angeles and Santa which each sold its part of the property for The partners acquired the warehouse in 2008 for $8.5t million from Principal Development Investorx LLC of Des Moines, • 2305 Tremont Place, Denverr 80205 — Focus Investments Ltd.
of Denver has sold this retail buildingh at Tremont and Park Avenue Westfor $1 million to Tremontr Holdings LLC of Broomfield, according to Broomfield Countu real estate records. • 3800 S. Federal Englewood 80110 — A company affiliatef with Denver developer Evan Makovskgy of Shames MakovskyRealty Co. has purchased propertyy in Englewoodfor $950,000, accordinv to Arapahoe County real estate records. The selledr was First National • The Carillon at Boulder Creek, Boulder — Developer MGL Partners LLC of Denverf recently closeda $41.1 million construction loan for this senior-living project currently under construction.
The loan is part of the FederaplHousing Administration’s (FHA) 232 loan program, and was originate by AmeriSphere Financial LLC and purchased by Evanstonb Financial Corp. The Carillon is schedulexd to be completed by late summerof 2010. Its operatingb partner is One Eighty LLCof Seattle. Shops at Walnut Creek, U.S. Highway 36 and Churcjh Ranch Boulevard, Westminster — Pine Tree Commercial Realthy LLCof Illinois, owner of this new shoppintg center, welcomed three new tenants in Aprip — Dollar Tree (10,000 square Famous Footwear (7,200 square feet) and Pacific Dentapl (3,000 square feet). • Taxi, 3455 Ringsby Denver 80216 — Pilates Aligned Inc.
has opened its new locationj at ZeppelinDevelopment Inc.’sx mixed-use Taxi project in the River Nortuh Neighborhood. The Pilates exercise studio’ds first location is at 1110 Acoma St. in the Golden Triangle. DecorAsian, 1787 S. Broadway, Denvedr 80210 — This store recentlyy opened in the old ChairKing location. Owner Rust Staff bought the building from Brownell Bailey in Februaryfor $1.2t5 million, according to Denver Countyu property records.
County records show that the located at 2460Airport Blvd., includes 162,00o square feet of space and was completed in 2007. The buye r is El Prado Inn LLC ofSantaa Barbara, Calif. The four sellers are led by Pacifica Commerciall RealEstate Group, also of Santa as Pacifica Airways II LLC. Pacifica’sx portion of the sales price was $4.75 The three other sellers were California entities locatedcin Altadena, Los Angeles and Santa which each sold its part of the property for The partners acquired the warehouse in 2008 for $8.5t million from Principal Development Investorx LLC of Des Moines, • 2305 Tremont Place, Denverr 80205 — Focus Investments Ltd.
of Denver has sold this retail buildingh at Tremont and Park Avenue Westfor $1 million to Tremontr Holdings LLC of Broomfield, according to Broomfield Countu real estate records. • 3800 S. Federal Englewood 80110 — A company affiliatef with Denver developer Evan Makovskgy of Shames MakovskyRealty Co. has purchased propertyy in Englewoodfor $950,000, accordinv to Arapahoe County real estate records. The selledr was First National • The Carillon at Boulder Creek, Boulder — Developer MGL Partners LLC of Denverf recently closeda $41.1 million construction loan for this senior-living project currently under construction.
The loan is part of the FederaplHousing Administration’s (FHA) 232 loan program, and was originate by AmeriSphere Financial LLC and purchased by Evanstonb Financial Corp. The Carillon is schedulexd to be completed by late summerof 2010. Its operatingb partner is One Eighty LLCof Seattle. Shops at Walnut Creek, U.S. Highway 36 and Churcjh Ranch Boulevard, Westminster — Pine Tree Commercial Realthy LLCof Illinois, owner of this new shoppintg center, welcomed three new tenants in Aprip — Dollar Tree (10,000 square Famous Footwear (7,200 square feet) and Pacific Dentapl (3,000 square feet). • Taxi, 3455 Ringsby Denver 80216 — Pilates Aligned Inc.
has opened its new locationj at ZeppelinDevelopment Inc.’sx mixed-use Taxi project in the River Nortuh Neighborhood. The Pilates exercise studio’ds first location is at 1110 Acoma St. in the Golden Triangle. DecorAsian, 1787 S. Broadway, Denvedr 80210 — This store recentlyy opened in the old ChairKing location. Owner Rust Staff bought the building from Brownell Bailey in Februaryfor $1.2t5 million, according to Denver Countyu property records.
Friday 7 October 2011
Bank Midwest parent gets $146M from Treasury program - Tampa Bay Business Journal:
http://www.helmitechnologies.com/tech_showcase/technology-showcase-remoteapps-ltd.html
Kansas City-based Dickinson is the privately owned holding companyfor , and four otherd affiliate banks throughout the United States. The banks have combinedc assets ofabout $6.1 Bank Midwest had $4.2 billion in assets on 30 and a 0.42 percent returmn on assets. The bank had $3.3 billion in net loane and leases asof Sept. 30 and $95.1 milliob of assets in nonaccrual status. Dickinson said in a release that it intendsa to use the Treasury proceedsfor “generaol corporate purposes, including additional capital to suppory its lending operations across all six of its bankinv subsidiaries.
” “We believe that our participation in the Treasury’as Capital Purchase Program is a prudent step during theser uncertain economic times,” Dickinson CEO Rick Smalleu said in the release. “This cost-effectivse capital further strengthens our solid capitao position and will enhance our efforts to emerge from this environmengt as an even strongerfinancial institution.” Dickinso n said in the release that each of its banks was considere d “well capitalized” by regulatory guidelines as of Dec. 31. Dickinso also recently entered into an agreement to sell its basedin Tampa, Fla., to (Nasdaq: NEWS), accordin to a Jan. 8 news releas e from NewStar.
The purchase price is contingent on theclosinyg date, potential changes in tangiblwe book value and other considerations. Based on Southermn Commerce Bank’s $218 million in assets on Nov. 30, NewSta said the purchase price would be somewherbetween $17.5 million and $19 The closing is subject to regulatory approvals. Bank Midwest ranksz No. 5 on the Kansas City Business Journa ’s list of area based on market shareof deposits.
Kansas City-based Dickinson is the privately owned holding companyfor , and four otherd affiliate banks throughout the United States. The banks have combinedc assets ofabout $6.1 Bank Midwest had $4.2 billion in assets on 30 and a 0.42 percent returmn on assets. The bank had $3.3 billion in net loane and leases asof Sept. 30 and $95.1 milliob of assets in nonaccrual status. Dickinson said in a release that it intendsa to use the Treasury proceedsfor “generaol corporate purposes, including additional capital to suppory its lending operations across all six of its bankinv subsidiaries.
” “We believe that our participation in the Treasury’as Capital Purchase Program is a prudent step during theser uncertain economic times,” Dickinson CEO Rick Smalleu said in the release. “This cost-effectivse capital further strengthens our solid capitao position and will enhance our efforts to emerge from this environmengt as an even strongerfinancial institution.” Dickinso n said in the release that each of its banks was considere d “well capitalized” by regulatory guidelines as of Dec. 31. Dickinso also recently entered into an agreement to sell its basedin Tampa, Fla., to (Nasdaq: NEWS), accordin to a Jan. 8 news releas e from NewStar.
The purchase price is contingent on theclosinyg date, potential changes in tangiblwe book value and other considerations. Based on Southermn Commerce Bank’s $218 million in assets on Nov. 30, NewSta said the purchase price would be somewherbetween $17.5 million and $19 The closing is subject to regulatory approvals. Bank Midwest ranksz No. 5 on the Kansas City Business Journa ’s list of area based on market shareof deposits.
Tuesday 4 October 2011
Markets close lower Wednesday - Pittsburgh Business Times:
bacijaxymu.wordpress.com
The Dow Jones Industrial Average closed at down 52.81 points or 0.62 percent. Nasdaq, at was off 6.70 points or 0.39 percent. Resultzs were mixed for a cross-section of Pittsburgh U.S. Steel Corp. saw the biggest percentage U.S. Steel (NYSE:X), finished trading at $31.26 per share, up 4.38 percent. WESCO International Inc. saw the deepest percentage drop, down 4.90 percentr to $25.40. Alcoa Inc. down 2.07 percent to $9.48u Allegheny Energy Inc. (NYSE:AYE), down 0.29 percent to $24.43 Alleghen y Technologies Inc. (NYSE:ATI) up 3.05 percenr to $36.80 American Eagle Outfitters Inc. (NYSE:AEO), down 1.69 percentg to $13.96 Bank of New York Mellon (NYSE:BK), down 3.68 percent to $26.
690 CONSOL Energy Inc. (NYSE:CNX), up 1.71 percent to $39.75 Dick’s Sportinvg Goods (NYSE:DKS) down 0.43 percent to $18.59 Federate Investors Inc. (NYSE:FII), down 4.01 percent to $22.24 Firstg Niagara Financial Group Inc. (NYSE:FNFG), down 1.96 percenty to $12.02 H.J.Heinz Co. down 0.45 percent to $35.52 Kennametaol Inc. (NYSE:KMT), up 0.38 percent to $18.5w3 Koppers Holdings Inc. (NYSE:KOP), up 4.14 percent to $24.38 Myla Inc. (Nasdaq:MYL), down 0.08 percen t to $12.38 PNC Financial Services Group Inc. (NYSE:PNC), down 2.77 percent to $42.06 PPG Industriesa Inc. (NYSE:PPG), up 1.88 percent to $45.50 WABTEC (NYSE:WAB), down 0.61 percent to $35.
999
The Dow Jones Industrial Average closed at down 52.81 points or 0.62 percent. Nasdaq, at was off 6.70 points or 0.39 percent. Resultzs were mixed for a cross-section of Pittsburgh U.S. Steel Corp. saw the biggest percentage U.S. Steel (NYSE:X), finished trading at $31.26 per share, up 4.38 percent. WESCO International Inc. saw the deepest percentage drop, down 4.90 percentr to $25.40. Alcoa Inc. down 2.07 percent to $9.48u Allegheny Energy Inc. (NYSE:AYE), down 0.29 percent to $24.43 Alleghen y Technologies Inc. (NYSE:ATI) up 3.05 percenr to $36.80 American Eagle Outfitters Inc. (NYSE:AEO), down 1.69 percentg to $13.96 Bank of New York Mellon (NYSE:BK), down 3.68 percent to $26.
690 CONSOL Energy Inc. (NYSE:CNX), up 1.71 percent to $39.75 Dick’s Sportinvg Goods (NYSE:DKS) down 0.43 percent to $18.59 Federate Investors Inc. (NYSE:FII), down 4.01 percent to $22.24 Firstg Niagara Financial Group Inc. (NYSE:FNFG), down 1.96 percenty to $12.02 H.J.Heinz Co. down 0.45 percent to $35.52 Kennametaol Inc. (NYSE:KMT), up 0.38 percent to $18.5w3 Koppers Holdings Inc. (NYSE:KOP), up 4.14 percent to $24.38 Myla Inc. (Nasdaq:MYL), down 0.08 percen t to $12.38 PNC Financial Services Group Inc. (NYSE:PNC), down 2.77 percent to $42.06 PPG Industriesa Inc. (NYSE:PPG), up 1.88 percent to $45.50 WABTEC (NYSE:WAB), down 0.61 percent to $35.
999
Sunday 2 October 2011
URA re-releases RFP for Heppenstall site in Lawrenceville - Memphis Business Journal:
axilecyqih.wordpress.com
The URA is re-releasing a request for proposala after its previously chosen Urban Villages working with Botero Development decidexd not to go forwarx withthe project. Urban Villages and Botero were selected over oneothee finalist, S&A Homes, in partnership with the Lawrenceville a community nonprofit. The football field-sizedf parcel includes the site on which the offics building for the Heppenstalol plant once was located as well as a formerwarehouse property. In a prepared statement, mayor Luke Ravenstaho describedthe property’s redevelopment as an importanr part of the city’s larger revisioning of the Alleghen riverfront.
“We have begun a planning procesas to create a vision for the Alleghenyh riverfront and reconnect our neighborhoods to ournaturalp amenities,” he said. "The Hatfield Street site is one of the greag opportunities to see this vision come to The URA wants adeveloper “to design, develop and operate or resell the The URA’s effort comes as the Regional Industrial Development Corporation (RIDC) continues to redevelop the Heppenstall complex itself. Hatfield Street is considered a dividingf line betweenthe neighborhood’s residential community and its industria zone.
As a selling point, the URA notes that the medianh home price in central Lawrencevill e has increased 64 percent in the pastthrede years, a growth rate it claims is seconf highest in the city to the Southh Side. “We are excited with the real estate appreciationm that were seeing inthe neighborhood,” said Rob Executive Director of the URA, as well as a Lawrenceville “And (we’re) very excited about the prospect of a new residentia l product and how that will add fuel to the
The URA is re-releasing a request for proposala after its previously chosen Urban Villages working with Botero Development decidexd not to go forwarx withthe project. Urban Villages and Botero were selected over oneothee finalist, S&A Homes, in partnership with the Lawrenceville a community nonprofit. The football field-sizedf parcel includes the site on which the offics building for the Heppenstalol plant once was located as well as a formerwarehouse property. In a prepared statement, mayor Luke Ravenstaho describedthe property’s redevelopment as an importanr part of the city’s larger revisioning of the Alleghen riverfront.
“We have begun a planning procesas to create a vision for the Alleghenyh riverfront and reconnect our neighborhoods to ournaturalp amenities,” he said. "The Hatfield Street site is one of the greag opportunities to see this vision come to The URA wants adeveloper “to design, develop and operate or resell the The URA’s effort comes as the Regional Industrial Development Corporation (RIDC) continues to redevelop the Heppenstall complex itself. Hatfield Street is considered a dividingf line betweenthe neighborhood’s residential community and its industria zone.
As a selling point, the URA notes that the medianh home price in central Lawrencevill e has increased 64 percent in the pastthrede years, a growth rate it claims is seconf highest in the city to the Southh Side. “We are excited with the real estate appreciationm that were seeing inthe neighborhood,” said Rob Executive Director of the URA, as well as a Lawrenceville “And (we’re) very excited about the prospect of a new residentia l product and how that will add fuel to the
Friday 30 September 2011
Politicians want answers as rumors swirl NCR to leave Dayton - Charlotte Business Journal:
ugefuk.wordpress.com
Government officials said word begab swirling in the community Thursday thatNCR NCR) is planning to move its headquarterxs and 1,300 employees to the Atlanta area and make an announcemenrt about the move this NCR Global Spokesperson Richard Maton, speakinhg by phone Saturday from London, confirmed that an efforf was made for Ohio Gov. Ted Strickland and NCR Chierf Executive Officer Bill Nutito speak, howeverf they were not able to Strickland’s spokesperson said Saturdayg that he is “continuingf to reach out to the companh to have a direct conversation.
” When asker about NCR possibly moving its headquarterws out of Dayton, Maton said the company does not respondc to rumors and speculation. NCR Corporates Spokesperson Alan Ulman responded to questionsdabout NCR’s plans with an e-mail message Saturday that “We have no announcement today.” In the past, NCR has been quicok to deny rumors of its relocation and affirm its commitmentt to remaining in Dayton. The has repeatedlhy sought information from the companysinced Thursday, but NCR had not responded to their requests as of Friday evening, a development department spokespersonh said.
Montgomery County Commissioner Dan Foleh said he is frustrated by the lackof communication. Foleyt said he has asked multiplecompany officials, via e-mail, to respond to the but has yet to receive any Foley said he, along with other state and city of Dayton officials, have met with NCR representatives in the past in an effor t to safeguard NCR’s local jobs. “All that nobody has confirmed to me that theidr statushas changed,” Foley said Saturday.
“I have to assumer that -- I hope, I very much hope -- they are staying in Dayton, because our citizens have helped buildd that company up tobe world-clases and will continue to do Rumors have long circulated that the compan would move, however multiple government and economic development official said they reached a new level in the past few NCR is said to be seeking about 100,0009 square feet of office space in Georgia, . NCR is believef to have looked at sitesin Savannah, and Columbus, Ga. Bases on the square footage estimates, the operatiobn could house about 300 to400 people, according to real estatr sources.
Georgia government and economic development officialsremaine tight-lipped on any potential development. In NCR said it would move its Worldwidse Customer Services headquarters to anAtlanta suburb, investing $15 milliob and creating more than 900 jobs in the suburbse of Peachtree City and Deluth. The state of Georgisa provided morethan $8 million in incentives, accordingt to officials. NCR, founded locally in is the Dayton region’s secons largest company, with 20,000 global employeesa and $5.3 billion in revenue in 2008. The company, whicnh sells ATMs and retail automation is Dayton’s lone remaining Fortunr 500 company.
At one time, the companh had more than 18,000 employees in the Dayton but that number has dwindlexd during the pastseveral decades. As recently as two yearse ago, NCR had about 2,000 Dayton employees. That numbetr has declined by about 700 workers in the pastseveral years. In 2007, NCR announced it was relocating its executive officez to New York City and leasinhg an entire floor of the 7 World TradeCenter But, on paper, its headquarters remained in Dayton. In the company also told employees it is undergoing a structuralo reorganization and would cut an unknownj amount of itsglobal workforce.
That same the company removed thelanguage “world from the sign at its Daytom campus, though it said at the time it was just
Government officials said word begab swirling in the community Thursday thatNCR NCR) is planning to move its headquarterxs and 1,300 employees to the Atlanta area and make an announcemenrt about the move this NCR Global Spokesperson Richard Maton, speakinhg by phone Saturday from London, confirmed that an efforf was made for Ohio Gov. Ted Strickland and NCR Chierf Executive Officer Bill Nutito speak, howeverf they were not able to Strickland’s spokesperson said Saturdayg that he is “continuingf to reach out to the companh to have a direct conversation.
” When asker about NCR possibly moving its headquarterws out of Dayton, Maton said the company does not respondc to rumors and speculation. NCR Corporates Spokesperson Alan Ulman responded to questionsdabout NCR’s plans with an e-mail message Saturday that “We have no announcement today.” In the past, NCR has been quicok to deny rumors of its relocation and affirm its commitmentt to remaining in Dayton. The has repeatedlhy sought information from the companysinced Thursday, but NCR had not responded to their requests as of Friday evening, a development department spokespersonh said.
Montgomery County Commissioner Dan Foleh said he is frustrated by the lackof communication. Foleyt said he has asked multiplecompany officials, via e-mail, to respond to the but has yet to receive any Foley said he, along with other state and city of Dayton officials, have met with NCR representatives in the past in an effor t to safeguard NCR’s local jobs. “All that nobody has confirmed to me that theidr statushas changed,” Foley said Saturday.
“I have to assumer that -- I hope, I very much hope -- they are staying in Dayton, because our citizens have helped buildd that company up tobe world-clases and will continue to do Rumors have long circulated that the compan would move, however multiple government and economic development official said they reached a new level in the past few NCR is said to be seeking about 100,0009 square feet of office space in Georgia, . NCR is believef to have looked at sitesin Savannah, and Columbus, Ga. Bases on the square footage estimates, the operatiobn could house about 300 to400 people, according to real estatr sources.
Georgia government and economic development officialsremaine tight-lipped on any potential development. In NCR said it would move its Worldwidse Customer Services headquarters to anAtlanta suburb, investing $15 milliob and creating more than 900 jobs in the suburbse of Peachtree City and Deluth. The state of Georgisa provided morethan $8 million in incentives, accordingt to officials. NCR, founded locally in is the Dayton region’s secons largest company, with 20,000 global employeesa and $5.3 billion in revenue in 2008. The company, whicnh sells ATMs and retail automation is Dayton’s lone remaining Fortunr 500 company.
At one time, the companh had more than 18,000 employees in the Dayton but that number has dwindlexd during the pastseveral decades. As recently as two yearse ago, NCR had about 2,000 Dayton employees. That numbetr has declined by about 700 workers in the pastseveral years. In 2007, NCR announced it was relocating its executive officez to New York City and leasinhg an entire floor of the 7 World TradeCenter But, on paper, its headquarters remained in Dayton. In the company also told employees it is undergoing a structuralo reorganization and would cut an unknownj amount of itsglobal workforce.
That same the company removed thelanguage “world from the sign at its Daytom campus, though it said at the time it was just
Wednesday 28 September 2011
We Energies files rate increase request - The Business Journal of Milwaukee:
haygoodfoafyga1359.blogspot.com
percent increase in electric rates that would take effecrt inJanuary 2010. According to the filing by Romanh Draba, a We Energies vice president, electricity rates wouled remain the samein 2011. Draba requesg pointed out that in evaluating itselectrid operations, a 6.1 percent increased was justified, but the utility is limitingb its request to $75 million, or 2.8 percent. The primary reason for the rate hike, according the are the coal power plants under construction inOak Creek, highere pension and retiree health-car costs, and an increase in transmission charges from Pewaukee-basex (WIEG) is still reviewing the detailds of We Energies’ regulatory filing, said Todd executive director of (WIEG).
“We’ll obviously be looking to mitigated the rate impact onlarge manufacturers,” said “With the brutal we can’t afford much of an increase when we’rr competing in global markets.”
percent increase in electric rates that would take effecrt inJanuary 2010. According to the filing by Romanh Draba, a We Energies vice president, electricity rates wouled remain the samein 2011. Draba requesg pointed out that in evaluating itselectrid operations, a 6.1 percent increased was justified, but the utility is limitingb its request to $75 million, or 2.8 percent. The primary reason for the rate hike, according the are the coal power plants under construction inOak Creek, highere pension and retiree health-car costs, and an increase in transmission charges from Pewaukee-basex (WIEG) is still reviewing the detailds of We Energies’ regulatory filing, said Todd executive director of (WIEG).
“We’ll obviously be looking to mitigated the rate impact onlarge manufacturers,” said “With the brutal we can’t afford much of an increase when we’rr competing in global markets.”
Monday 26 September 2011
O'Melveny, more law firms make cuts - Dayton Business Journal:
eragywaqer.wordpress.com
By the end of at least two more law firmzs hadannounced layoffs. D.C.-based LLP shed 13 associatesx and15 staffers, and New York-basesd Pillsbury Winthrop Shaw Pittman LLP laid off 55 lawyerss and 100 other staft members across all offices. The number of cuts in the O’Melveny’xs D.C. office was not immediatelyu available, but a firm spokesperson said the majority of the reductionsd will be inthe firm’s U.S. offices, with a smalled number in Asia and The layoffs will hitthe firm’s Los Angeles and New York officee the hardest, according to the spokesperson. The firm has about 150 attorneys inits D.C.
office, with an emphasis on appellateand class-action litigation, ERISA, securities, and white collat and corporate investigations. Its clients include Bethesda-based , which may have troubld continuing to operate as agoingh concern, according to auditors. O’Melveny also representd , , Corp., , , and The move followw a wave of cuts at majore law firmsthis week, includingg LLP and LLP, which together laid off 740 lawyersx and staff nationwide. For O’Melveny reported a smalll decline in revenues and a more substantial drop in profitdsper partner, according to The Americamn Lawyer.
Gross revenues were $908 million — an almost 3 percentt drop from the priodyear — while profitsx per partner were down more than 7 perceng to $1.5 million. Before Wednesday’w cuts, O’Melveny implemented a series of reductionsamonvg non-lawyer staff over the past two years and sloweds hiring of new attorneys. “Our firm remains financially however, most of our clientx face an entirely different market said firmchairman A.B. Culvahouse Jr. in a statement. “Wer are determined to find new ways to meet their need in achallenging economy.” Departing attorneys will receive at leas t three months of salary as severance.
Dependin g on seniority, they may receive as much as seven monthesof pay, a firm spokesperson said. Incoming associate attorneyes hired out of law schools will start in instead of September or Many other major firms have made similar arrangemente during the recent spateof layoffs. Last year, O’Melvenyg made its debut on TheAmericann Lawyer’s 2008 A-List, which recognizesx the nation’s most elite law firms. it appeared on the same publication’s list of 10 firmes with the deepest cuts amonbgtheir ranks.
Orrick topped that
By the end of at least two more law firmzs hadannounced layoffs. D.C.-based LLP shed 13 associatesx and15 staffers, and New York-basesd Pillsbury Winthrop Shaw Pittman LLP laid off 55 lawyerss and 100 other staft members across all offices. The number of cuts in the O’Melveny’xs D.C. office was not immediatelyu available, but a firm spokesperson said the majority of the reductionsd will be inthe firm’s U.S. offices, with a smalled number in Asia and The layoffs will hitthe firm’s Los Angeles and New York officee the hardest, according to the spokesperson. The firm has about 150 attorneys inits D.C.
office, with an emphasis on appellateand class-action litigation, ERISA, securities, and white collat and corporate investigations. Its clients include Bethesda-based , which may have troubld continuing to operate as agoingh concern, according to auditors. O’Melveny also representd , , Corp., , , and The move followw a wave of cuts at majore law firmsthis week, includingg LLP and LLP, which together laid off 740 lawyersx and staff nationwide. For O’Melveny reported a smalll decline in revenues and a more substantial drop in profitdsper partner, according to The Americamn Lawyer.
Gross revenues were $908 million — an almost 3 percentt drop from the priodyear — while profitsx per partner were down more than 7 perceng to $1.5 million. Before Wednesday’w cuts, O’Melveny implemented a series of reductionsamonvg non-lawyer staff over the past two years and sloweds hiring of new attorneys. “Our firm remains financially however, most of our clientx face an entirely different market said firmchairman A.B. Culvahouse Jr. in a statement. “Wer are determined to find new ways to meet their need in achallenging economy.” Departing attorneys will receive at leas t three months of salary as severance.
Dependin g on seniority, they may receive as much as seven monthesof pay, a firm spokesperson said. Incoming associate attorneyes hired out of law schools will start in instead of September or Many other major firms have made similar arrangemente during the recent spateof layoffs. Last year, O’Melvenyg made its debut on TheAmericann Lawyer’s 2008 A-List, which recognizesx the nation’s most elite law firms. it appeared on the same publication’s list of 10 firmes with the deepest cuts amonbgtheir ranks.
Orrick topped that
Saturday 24 September 2011
Yahoo! confirms WNY site - Puget Sound Business Journal (Seattle):
egogakydo.wordpress.com
Yahoo!, Tuesday morning, confirmed it will be buildin gthe 190,000-square-foot center that could initially, 125 people. Yahoo!! has pegged a 30-acre site in the park for the Yahoo!’s decision is considered a majod victory, especially against a backdrop of a weakened economy wherr unemployment has increased in past year in Erie Countyto 8.1 percenft from 5.5 percent and in Niagara County to 9.3 percent from 6.6 “This is a big win for the community,” said Tom president and chief executive “We won the day.” Yahoo! was being courted by several statese including Ohio, Pennsylvania and Illinois for the center. All offeredx a handsome array of incentives.
“When a high tech companyt like Yahoo! picks a community like WesternNew it’s like a lighthouse,” said Sen. Charles Schumer, New York’se senior senator, who played a key role in Lockportt landing thedata center. The regionh crafted its own aggressive incentive packags including the offering 15 megawattsof low-cost hydropowerf that could save Yahoo! an estimated $100 million over a 15-year period. also offered job traininbg grants andother incentives. High leve pitches also came from Gov. David Patersonb and Schumer. Schumer made personal calls to Yahoo! CEO Carolp Bartz to push the region.
Kucharski said it also helped that the region offereda half-dozen sites and not just a singular It also helped that a friendshio quickly developed between the Yahoo! site selection team and the locao economic development community. “We developed a nice relationshilp with them and that helped make this Kucharski said. “They were impressedr that every time they we could assemble our team on a very shor t notice and give them the answerwthey wanted.” Construction on the data center will begin in August, said Davic Dibble, Yahoo! senior vice president. The centet will be open by May. Kucharski said ther is a myriad positives that will comefrom Yahoo!’s decision.
The BNE will use it in its outreach to otheer companies it is he said. “It confirms our ability to attract high tech and highprofilre companies,” Kucharski said. “To get a name company like Yahoo! says a lot to the rest of the industrieszout there.” Yahoo! joins the ranks of , that have eitherr opened or expanded back office operations in the regioh in recent years. “You add it into the mix of the some of the otherrcompanies we’ve landed and it becomes a very impressive Kucharski said.
Yahoo!, Tuesday morning, confirmed it will be buildin gthe 190,000-square-foot center that could initially, 125 people. Yahoo!! has pegged a 30-acre site in the park for the Yahoo!’s decision is considered a majod victory, especially against a backdrop of a weakened economy wherr unemployment has increased in past year in Erie Countyto 8.1 percenft from 5.5 percent and in Niagara County to 9.3 percent from 6.6 “This is a big win for the community,” said Tom president and chief executive “We won the day.” Yahoo! was being courted by several statese including Ohio, Pennsylvania and Illinois for the center. All offeredx a handsome array of incentives.
“When a high tech companyt like Yahoo! picks a community like WesternNew it’s like a lighthouse,” said Sen. Charles Schumer, New York’se senior senator, who played a key role in Lockportt landing thedata center. The regionh crafted its own aggressive incentive packags including the offering 15 megawattsof low-cost hydropowerf that could save Yahoo! an estimated $100 million over a 15-year period. also offered job traininbg grants andother incentives. High leve pitches also came from Gov. David Patersonb and Schumer. Schumer made personal calls to Yahoo! CEO Carolp Bartz to push the region.
Kucharski said it also helped that the region offereda half-dozen sites and not just a singular It also helped that a friendshio quickly developed between the Yahoo! site selection team and the locao economic development community. “We developed a nice relationshilp with them and that helped make this Kucharski said. “They were impressedr that every time they we could assemble our team on a very shor t notice and give them the answerwthey wanted.” Construction on the data center will begin in August, said Davic Dibble, Yahoo! senior vice president. The centet will be open by May. Kucharski said ther is a myriad positives that will comefrom Yahoo!’s decision.
The BNE will use it in its outreach to otheer companies it is he said. “It confirms our ability to attract high tech and highprofilre companies,” Kucharski said. “To get a name company like Yahoo! says a lot to the rest of the industrieszout there.” Yahoo! joins the ranks of , that have eitherr opened or expanded back office operations in the regioh in recent years. “You add it into the mix of the some of the otherrcompanies we’ve landed and it becomes a very impressive Kucharski said.
Thursday 22 September 2011
Los Angeles Business from bizjournals: Most viewed Stories
uraa-quartely.blogspot.com
Federal regulators criticized Bank ofAmericqa Corp. and its chief Kenneth Lewis, in December for theird due diligencein BofA
Federal regulators criticized Bank ofAmericqa Corp. and its chief Kenneth Lewis, in December for theird due diligencein BofA
Tuesday 20 September 2011
Survey: Marketers poised to boost media buys as recession ends - Denver Business Journal:
tower-tennesseea.blogspot.com
The , in conjunction with New York-bases marketing firm 'mktg,' found two-thirds of marketersz have shifted their emphasisto short-term strategiesx in the past six months due to the This led 56 percent of 129 surveyed marketing executives to reduce mediqa buys, 50 percent to cut production budgets and 41 percen t to curtail sponsorship and events But 73 percent of respondents said that they plan to ramp up activitieds again three to six months before the end of the with an additional 16 percent saying they will raise spendinh as soon as the economic downturn ends.
Medis budgets (68 percent), social networking (41 percent) and innovatioj and testing (40 percent) are the activitieas most likely to benefif fromthat increase, the survey "The landscape for building brands was jolted by the severity of the economicc downturn," ANA President Bob Liodice said in a news "However, it is encouraging to see that marketers are preparinfg for the rebound with plans for increased mediq spending, strategically sound brand building investments and logical, expansive use of social media." The survey also foundf that research and development and public relations were the activities most likely to be maintained by marketers durinv this downturn.
Meanwhile, pricing deal and social networking are the activitiea most likely to be increased in the currenteconomiv environment, it found.
The , in conjunction with New York-bases marketing firm 'mktg,' found two-thirds of marketersz have shifted their emphasisto short-term strategiesx in the past six months due to the This led 56 percent of 129 surveyed marketing executives to reduce mediqa buys, 50 percent to cut production budgets and 41 percen t to curtail sponsorship and events But 73 percent of respondents said that they plan to ramp up activitieds again three to six months before the end of the with an additional 16 percent saying they will raise spendinh as soon as the economic downturn ends.
Medis budgets (68 percent), social networking (41 percent) and innovatioj and testing (40 percent) are the activitieas most likely to benefif fromthat increase, the survey "The landscape for building brands was jolted by the severity of the economicc downturn," ANA President Bob Liodice said in a news "However, it is encouraging to see that marketers are preparinfg for the rebound with plans for increased mediq spending, strategically sound brand building investments and logical, expansive use of social media." The survey also foundf that research and development and public relations were the activities most likely to be maintained by marketers durinv this downturn.
Meanwhile, pricing deal and social networking are the activitiea most likely to be increased in the currenteconomiv environment, it found.
Saturday 17 September 2011
Roberts backs KU Cancer Center's push for NCI designation - Tampa Bay Business Journal:
qalymeled.wordpress.com
Roberts, R-Kan., spoke at The ’s Westwood medical He said that it now takes 10 years to 17 years and $1 billion to bring a new drug to market, which Roberts callee a “national disgrace.” The National Cancet Institute said in November that the KU Cancer Centere has a Sept. 25, 2011, application date for its effortxs to get aninitial five-yeae designation as an NCI cancer The months-long application process for institutionds seeking new designations begins with submissionb of documentation that sometimes exceeds 1,000 pagea and includes a site visit and other The earliest that KU Cancer Center’s application could be approved is the spring of 2012.
Nationwide, 64 cancet centers receive Cancer Center Supporg Grants to support research to reducdethe incidence, morbidity and mortalitt rates of cancer. There are 23 cancerd centers and 41 comprehensivecancer centers. The KU Cancer Centefr is part of , which is the medicao research and education arm of the Universituof Kansas. NCI designation — KU’s No. 1 prioritu — typically is granted to academicmedicao centers. Therefore, KU Medical Center is the entity that will apply forNCI • Increased regional patient access to cutting-edge clinica trials. • More than $1.3 billion in annualp economic benefits inthe region.
• An increase in KU Cance r Center’s annual NCI financing from thecurrent $7.5 milliomn to about $40 million. NCI-affiliated institutions also attracrt world-class researchers who bring NCI grantaswith them, and part of the estimatede increase is based on that. Many of these researcheras doubleas clinicians, addinfg expertise and depth in various cancer-care
Roberts, R-Kan., spoke at The ’s Westwood medical He said that it now takes 10 years to 17 years and $1 billion to bring a new drug to market, which Roberts callee a “national disgrace.” The National Cancet Institute said in November that the KU Cancer Centere has a Sept. 25, 2011, application date for its effortxs to get aninitial five-yeae designation as an NCI cancer The months-long application process for institutionds seeking new designations begins with submissionb of documentation that sometimes exceeds 1,000 pagea and includes a site visit and other The earliest that KU Cancer Center’s application could be approved is the spring of 2012.
Nationwide, 64 cancet centers receive Cancer Center Supporg Grants to support research to reducdethe incidence, morbidity and mortalitt rates of cancer. There are 23 cancerd centers and 41 comprehensivecancer centers. The KU Cancer Centefr is part of , which is the medicao research and education arm of the Universituof Kansas. NCI designation — KU’s No. 1 prioritu — typically is granted to academicmedicao centers. Therefore, KU Medical Center is the entity that will apply forNCI • Increased regional patient access to cutting-edge clinica trials. • More than $1.3 billion in annualp economic benefits inthe region.
• An increase in KU Cance r Center’s annual NCI financing from thecurrent $7.5 milliomn to about $40 million. NCI-affiliated institutions also attracrt world-class researchers who bring NCI grantaswith them, and part of the estimatede increase is based on that. Many of these researcheras doubleas clinicians, addinfg expertise and depth in various cancer-care
Thursday 15 September 2011
Axeq Technologies Announces an Integrated "Turnkey Discovery" Service Coupled ... - MarketWatch (press release)
sucujovide.wordpress.com
Axeq Technologies Announces an Integrated "Turnkey Discovery" Service Coupled ... MarketWatch (press release) ROCKVILLE, Md., Sep 15, 2011 (BUSINESS WIRE) -- Axeq Technologies announced the industry-first Axeq Turnkey Discovery analytical bioinformatic services coupled with high-coverage exome sequencing applications. The fully-integrated sequencing and ... |
Tuesday 13 September 2011
FDA-Boston Scientific to Work on Mesh - Zacks.com
alharkaenu.blogspot.com
PR Web (press release) | FDA-Boston Scientific to Work on Mesh Zacks.com The meeting was significant as safety, effectiveness and class II status of its surgical mesh (to repair pelvic organ prolapse or POP and stress urinary incontinence or SUI) were debated. The panel came to the conclusion that more clinical studies and ... FDA Advisory Panel Meeting on Transvaginal Mesh Devices: Ennis & Ennis, PA ... Firm Investigates Serious Surgical Mesh Injuries in Women Boston Scientific and other transvaginal mesh makers defend their devices amid ... |
Sunday 11 September 2011
Colvin Woods, a walk in the park for Ciminelli, Danforth - Business First of Buffalo:
hyhekim.wordpress.com
To Paul Ciminelli, the Town of Tonawanda office park is much When Inc., decided to move ahead with Colvin Woodsd in early 2000, the property was nothing more than some exceses real estate owned by Elmlawn Cemetery and "At the time, I knew we needed more Ciminelli said. "But I also wondered if this was goinb to be a bit ofa stretch." Colvimn Woods was the answer. Fast-forward and the park is now servingy as a backdrop for the expansion plans of alocalo company. Rapidly growing Inc. is moving ahead with plans to add a third building inColvib Woods, while expanding another of its facilitieds in the park.
Both come as the mechanical contractingt firm has doubled the size of its Rochester operation by expandingf to anewly constructed, 40,000-square-foot building in Victor. Danfortnh will construct a 20,000-square-foot building in Colvin Woodsd to serve as the new warehouse for filterw and parts and also housd a company training center and fitness The building will be constructed toLEED specifications. Additionally, the compang is proposing to add 8,000 square feet to anotherf building inColvin Woods, ultimately giviny that building 56,000 squar e feet. Both projects are being driven by an increasedd project load bythe company.
Danfortuh is providing mechanical contractiny services for the new luggage and baggage area at Buffalo NiagarzInternational Airport. "We are busting at the seams," said Patrickl Reilly, Danforth senior vice president. The companyu is seeking a $2.8 million incentive packagd from the Erie County Industriall Development Agency to help financsthe project. A public hearinbg on the incentive package is set forMarchj 5. The IDA directors are expected to vote on the deal a week Danforth has been an anchor tenant at Colvim Woodssince 2002. The whose roots date to 1884, is one of the region'sz largest mechanical contracting firms. It reported 2006 revenueds of $101.
9 million, up from $95.5 million in 2005. Danforth is the region'sa 14th largest privately held according to the Business First Bookof Lists, and has 847 employeee between its Buffalo and Rochester operations. With the it hopes to add a handfulof workers, Reillhy said. The story is typical of what Colvinb Woods has meant tothe region. It not only is home to but also to andthe . In the case of Danforthy and Definity Health, the companies and their severalo hundred workers could have gone Ciminelli helped craft an incentive package to bringf Definity Health to the region nearly adecader ago.
To Paul Ciminelli, the Town of Tonawanda office park is much When Inc., decided to move ahead with Colvin Woodsd in early 2000, the property was nothing more than some exceses real estate owned by Elmlawn Cemetery and "At the time, I knew we needed more Ciminelli said. "But I also wondered if this was goinb to be a bit ofa stretch." Colvimn Woods was the answer. Fast-forward and the park is now servingy as a backdrop for the expansion plans of alocalo company. Rapidly growing Inc. is moving ahead with plans to add a third building inColvib Woods, while expanding another of its facilitieds in the park.
Both come as the mechanical contractingt firm has doubled the size of its Rochester operation by expandingf to anewly constructed, 40,000-square-foot building in Victor. Danfortnh will construct a 20,000-square-foot building in Colvin Woodsd to serve as the new warehouse for filterw and parts and also housd a company training center and fitness The building will be constructed toLEED specifications. Additionally, the compang is proposing to add 8,000 square feet to anotherf building inColvin Woods, ultimately giviny that building 56,000 squar e feet. Both projects are being driven by an increasedd project load bythe company.
Danfortuh is providing mechanical contractiny services for the new luggage and baggage area at Buffalo NiagarzInternational Airport. "We are busting at the seams," said Patrickl Reilly, Danforth senior vice president. The companyu is seeking a $2.8 million incentive packagd from the Erie County Industriall Development Agency to help financsthe project. A public hearinbg on the incentive package is set forMarchj 5. The IDA directors are expected to vote on the deal a week Danforth has been an anchor tenant at Colvim Woodssince 2002. The whose roots date to 1884, is one of the region'sz largest mechanical contracting firms. It reported 2006 revenueds of $101.
9 million, up from $95.5 million in 2005. Danforth is the region'sa 14th largest privately held according to the Business First Bookof Lists, and has 847 employeee between its Buffalo and Rochester operations. With the it hopes to add a handfulof workers, Reillhy said. The story is typical of what Colvinb Woods has meant tothe region. It not only is home to but also to andthe . In the case of Danforthy and Definity Health, the companies and their severalo hundred workers could have gone Ciminelli helped craft an incentive package to bringf Definity Health to the region nearly adecader ago.
Friday 9 September 2011
Kaleida explores Gates Circle options - Business First of Buffalo:
hegenefipa.blogspot.com
Kaleida, as an outgrowth of the BergerCommission report, two yeara ago announced plans to shift medicao functions from Gates Circle to the Buffaloi Niagara Medical Campus. The 10-story, $275 million vascular institute is planned for an area across Goodrich Street from BuffaloGeneral Hospital. The building is expectedx to openin 2011, aftefr which functions of Millard Fillmore Gates Circle will be moved to Buffali General or other buildings Kaleida owns on the medicak campus. The institute is expecterd to be a primary anchor ofthe campus.
The shift, whiler strengthening the medical campus, is generating questions about the futur ofthe nine-acre Millardc Fillmore Gates Circle property, home to a hospital sincr 1911. With the Global Vascular Institute finishinf its final roundof public-sector approvals and an earl July groundbreaking set, the Gates Circle property is getting plenty of attention from the real estate and developmentt community. “There was a big flurry aftefr the Berger Commission reportcame out,” said Jamesw Kaskie, Kaleida president and CEO. “But now that people are seeingt that GVIis real, my phone is ringing off the hook again.
” The shorty answer, he said, is that Kaleida doesn’gt have a definitive answet about the future of Millarf Fillmore Gates Circle. Kaleidaz will begin a “community steering this fall and may retaina third-party real estatee adviser by early next year to help with decisionn making, Kaskie said. Under ideal circumstances, Kaleids hopes to find a buyer forthe “We do not want to take a financial haircut,” he “But at the same it has to be sold for the righty use.” Buying the property simply to land bank it withou t a definitive plan is not an option.
“Io don’t want to drive by there everh day and look ata boarded-up said Kaskie, who lives in the Delawarew District not far from the hospital. He has fieldexd calls from “virtually every developer and real estated brokerin Buffalo” about Kaleida’s plans for the hospital, he The future of Millard Fillmore Gate Circle Hospital is one of the biggest real estate questionzs facing Kaleida and the City of Kaleida will be going through a similar process with Deaconessd Center along the Kensington Expressway.
The formerd hospital, now a long-term health-care also is slated to be closedafter Kaleida’s new, long-termn health-care center opens at the Buffalo Niagara Medical Campus. Brianb Reilly, Buffalo’s economic development chief, said the administrationn of Mayor Byron Brown is watchinvg closely to see what will happe n with both Millard Fillmore Gates Circle Hospital and theDeaconess Center.
“They are selling it and will ultimately determinetheir fate, but at the same time, we stanfd by and are willing to wherever we can,” Reilly He is open to redevelopment possibilities for the Millarcd Fillmore property, given its high-profile location overlooking Gatesx Circle and near Forest Lawn Cemetery and Delaware Park. “Residential sounds intriguing,” Reilly said, “of maybe some form of health care or assisted But ultimately it will be up to the private sectordto decide. What the properties need is a serious developer to take aserioux look.
” Across Gates Circle, bought the former Park Lane razed the building and is working on plans for an upscaled condominium tower at the Uniland continues to tweak plans for the proposec 23-story, 68-unit tower. Kaskie, meanwhile, said he expect s that as construction progresses on the GlobaVascular Institute, which also will house a University at Buffalo clinicalk research center, he will field additionaol calls from prospective developers.
“Once the steel goes up, I can reallyt see interest heating up,” he
Kaleida, as an outgrowth of the BergerCommission report, two yeara ago announced plans to shift medicao functions from Gates Circle to the Buffaloi Niagara Medical Campus. The 10-story, $275 million vascular institute is planned for an area across Goodrich Street from BuffaloGeneral Hospital. The building is expectedx to openin 2011, aftefr which functions of Millard Fillmore Gates Circle will be moved to Buffali General or other buildings Kaleida owns on the medicak campus. The institute is expecterd to be a primary anchor ofthe campus.
The shift, whiler strengthening the medical campus, is generating questions about the futur ofthe nine-acre Millardc Fillmore Gates Circle property, home to a hospital sincr 1911. With the Global Vascular Institute finishinf its final roundof public-sector approvals and an earl July groundbreaking set, the Gates Circle property is getting plenty of attention from the real estate and developmentt community. “There was a big flurry aftefr the Berger Commission reportcame out,” said Jamesw Kaskie, Kaleida president and CEO. “But now that people are seeingt that GVIis real, my phone is ringing off the hook again.
” The shorty answer, he said, is that Kaleida doesn’gt have a definitive answet about the future of Millarf Fillmore Gates Circle. Kaleidaz will begin a “community steering this fall and may retaina third-party real estatee adviser by early next year to help with decisionn making, Kaskie said. Under ideal circumstances, Kaleids hopes to find a buyer forthe “We do not want to take a financial haircut,” he “But at the same it has to be sold for the righty use.” Buying the property simply to land bank it withou t a definitive plan is not an option.
“Io don’t want to drive by there everh day and look ata boarded-up said Kaskie, who lives in the Delawarew District not far from the hospital. He has fieldexd calls from “virtually every developer and real estated brokerin Buffalo” about Kaleida’s plans for the hospital, he The future of Millard Fillmore Gate Circle Hospital is one of the biggest real estate questionzs facing Kaleida and the City of Kaleida will be going through a similar process with Deaconessd Center along the Kensington Expressway.
The formerd hospital, now a long-term health-care also is slated to be closedafter Kaleida’s new, long-termn health-care center opens at the Buffalo Niagara Medical Campus. Brianb Reilly, Buffalo’s economic development chief, said the administrationn of Mayor Byron Brown is watchinvg closely to see what will happe n with both Millard Fillmore Gates Circle Hospital and theDeaconess Center.
“They are selling it and will ultimately determinetheir fate, but at the same time, we stanfd by and are willing to wherever we can,” Reilly He is open to redevelopment possibilities for the Millarcd Fillmore property, given its high-profile location overlooking Gatesx Circle and near Forest Lawn Cemetery and Delaware Park. “Residential sounds intriguing,” Reilly said, “of maybe some form of health care or assisted But ultimately it will be up to the private sectordto decide. What the properties need is a serious developer to take aserioux look.
” Across Gates Circle, bought the former Park Lane razed the building and is working on plans for an upscaled condominium tower at the Uniland continues to tweak plans for the proposec 23-story, 68-unit tower. Kaskie, meanwhile, said he expect s that as construction progresses on the GlobaVascular Institute, which also will house a University at Buffalo clinicalk research center, he will field additionaol calls from prospective developers.
“Once the steel goes up, I can reallyt see interest heating up,” he
Tuesday 6 September 2011
GE charges up region with promise of $100M battery plant - The Business Review (Albany):
gerazawa.wordpress.com
The plant, which would open in would produce sodium-based battery storage systems for GE’ s (NYSE: GE) newly formed battery business. The companh is considering several sites in the Albany GE chairman and CEO Jeffrey Immelt said in announcintg the plans this week atin Niskayuna. GE this week submittef a request for federall stimulus money throughthe U.S. Departmenr of Energy. New York state will pay $15 million towarf the manufacturing center, including $12.5 million through Empir State Development’s Jobs Now program and $2.5 million through the New York Statw Research andDevelopment Authority.
GE alreadh has more than $150 million invested in advancedbattery technologies, said who noted that the planyt would be built with or withouyt federal stimulus money. “We will go forward, Immelt said. Gov. Davis Paterson, who joined Immelt in making the announcement, said GE’xs project fits into PresidentBarack Obama’sd push for clean-energy initiatives. “Keep in mind that the federap government is very interested in these typesof projects,” he said. The stimulus bill set asidse $2 billion for advanced battery technology.
The planrt would produce about 10 million cells when it is at full That amount translates to 900 megawatrt hours ofenergy storage, or enough energy storage to power 1,000 homes for a month or 1,0000 GE hybrid locomotives, GE officials said. The “advanced” batteryt business is expected togenerate $1 billionm over the next decade, Immelt said. “Wwe think the market will be huge,” he GE’s battery business fallss under and will serverthe rail, marine, telecommunications and energy including the new “smart grid” technology. GE has research and/or product divisions in all ofthose markets.
The first product from the batterhy facility willbe GE’s hybrid locomotive, which will be commercialized in 2010. “We see this as having a reall y broadapplication base,” Immely said. The company hopes to target both existingg and new customers inthe rail, mininv and shipping industries. The sodium batteries, which woulc be used in heavy-duty equipment, complement GE’s investmentt in lithium batteries, Immelt Since 2006, GE has investes about $70 million in A123 a Watertown, Mass.
, startup that creates lithium batteriedfor plug-in electric The last time Immelt made a big announcement at GE Global Research was in Januarh 2002, for GE’s $100 million expansion of the research In 2007, the company said it planned to add 500 jobs at its renewablre headquarters, located at GE Energy’s site in by 2011. ’s new $165 million manu-facturinf center in North Greenbush will add 100 new jobs to the The initiatives follow years of job cutsat GE’s energy planf in Schenectady. It once employexd more than 40,000 people and now has aboutf 3,000 workers.
Groundbreaking for the 200,000-square-footf battery manufacturing center is scheduled forthis
The plant, which would open in would produce sodium-based battery storage systems for GE’ s (NYSE: GE) newly formed battery business. The companh is considering several sites in the Albany GE chairman and CEO Jeffrey Immelt said in announcintg the plans this week atin Niskayuna. GE this week submittef a request for federall stimulus money throughthe U.S. Departmenr of Energy. New York state will pay $15 million towarf the manufacturing center, including $12.5 million through Empir State Development’s Jobs Now program and $2.5 million through the New York Statw Research andDevelopment Authority.
GE alreadh has more than $150 million invested in advancedbattery technologies, said who noted that the planyt would be built with or withouyt federal stimulus money. “We will go forward, Immelt said. Gov. Davis Paterson, who joined Immelt in making the announcement, said GE’xs project fits into PresidentBarack Obama’sd push for clean-energy initiatives. “Keep in mind that the federap government is very interested in these typesof projects,” he said. The stimulus bill set asidse $2 billion for advanced battery technology.
The planrt would produce about 10 million cells when it is at full That amount translates to 900 megawatrt hours ofenergy storage, or enough energy storage to power 1,000 homes for a month or 1,0000 GE hybrid locomotives, GE officials said. The “advanced” batteryt business is expected togenerate $1 billionm over the next decade, Immelt said. “Wwe think the market will be huge,” he GE’s battery business fallss under and will serverthe rail, marine, telecommunications and energy including the new “smart grid” technology. GE has research and/or product divisions in all ofthose markets.
The first product from the batterhy facility willbe GE’s hybrid locomotive, which will be commercialized in 2010. “We see this as having a reall y broadapplication base,” Immely said. The company hopes to target both existingg and new customers inthe rail, mininv and shipping industries. The sodium batteries, which woulc be used in heavy-duty equipment, complement GE’s investmentt in lithium batteries, Immelt Since 2006, GE has investes about $70 million in A123 a Watertown, Mass.
, startup that creates lithium batteriedfor plug-in electric The last time Immelt made a big announcement at GE Global Research was in Januarh 2002, for GE’s $100 million expansion of the research In 2007, the company said it planned to add 500 jobs at its renewablre headquarters, located at GE Energy’s site in by 2011. ’s new $165 million manu-facturinf center in North Greenbush will add 100 new jobs to the The initiatives follow years of job cutsat GE’s energy planf in Schenectady. It once employexd more than 40,000 people and now has aboutf 3,000 workers.
Groundbreaking for the 200,000-square-footf battery manufacturing center is scheduled forthis
Sunday 4 September 2011
Sunscreen, dogs figure in Baltimore newspaper
http://chatboutbelize.com/hm_excerpt.htm
That’s the advice the Baltimor e Sun offers its readers in an online travel piecr Mondayoffering “tips for a successful Denvere family vacation.” “They don’t call it the ‘Mils High City’ for nothing! If you’rs from lower altitudes, take it easy your first few days,” and drink lots of the newspaper advises. The city gets “morw than 300 sunny days a theSun says, so visitors should bring lotion and lip balm. “Denverites love theirt dogs — and your pet will feel rightf athome here,” the piecer adds.
“There are plenty of pet-friendlgy hotels and places for Fidoto And, “Many Denver attractions offer discountf pricing if you purchase tickets online or at King Soopers, a localk grocery chain,” the Sun says. Among the Denvet attractions mentioned in writerJanna Graber’s , Jefferson County Open Space and the “stunningv Rocky Mountains.” .
That’s the advice the Baltimor e Sun offers its readers in an online travel piecr Mondayoffering “tips for a successful Denvere family vacation.” “They don’t call it the ‘Mils High City’ for nothing! If you’rs from lower altitudes, take it easy your first few days,” and drink lots of the newspaper advises. The city gets “morw than 300 sunny days a theSun says, so visitors should bring lotion and lip balm. “Denverites love theirt dogs — and your pet will feel rightf athome here,” the piecer adds.
“There are plenty of pet-friendlgy hotels and places for Fidoto And, “Many Denver attractions offer discountf pricing if you purchase tickets online or at King Soopers, a localk grocery chain,” the Sun says. Among the Denvet attractions mentioned in writerJanna Graber’s , Jefferson County Open Space and the “stunningv Rocky Mountains.” .
Friday 2 September 2011
Penguins - Red Wings Stanley Cup games provide boost for hotels, restaurants - Houston Business Journal:
bacijaxymu.wordpress.com
According to VisitPittsburgh, each home game between the and the Detroit Red Winges brings anestimated $4.9 millionh in economic impact, whether its from hotek stays, meals at restaurants or other spending. A number of hoteles are fully booked, includinb the Omni William Penn, which hosts the NHL’s the , with the caveaft that it always sells out Tuesdays and Wednesdayws anyway tobusiness travelers, and the . Tom the general manager for the Westi n ConventionCenter Hotel, located Downtown, describes the added boost of Stanley Cup-relatedx guests. “We would’ve been busy but we wouldn’g have been selling out,” he said.
“Thisa has allowed us to fill up the entire hotel, all 616 rooms.” Martini and other hote operators emphasized the added jolt of unexpected business comex during an otherwise down year from hotell business following a strong 2008, whichb also featured a Penguins-Red Wings Stanlehy Cup that was lost by Pittsburgh’zs favorite flightless birds. Bob the area director of saled and marketing for saidthe NFL’s coterie of league officials, alongy with media, has broughg an increase in occupancy beyond the two game days, comparable to the businessw generated from a strong home playofrf run by the , although not toppingv it.
“It’s not to the degree of probablh theAFC championship, but it’s still greaf business for us,” he said. “It’s selling us out.” The stor is a little more complicated for locak restaurantsand bars. John owner of The Common Plea, locatedc downtown, estimated the restaurant has seen a 25 percent increasd when the Penguins are playing playoff games in But when the team isplayingg away, the hockey fan dinera stay away. “We’ve seen increaseds when they’re here,” said Barsotti, who estimated his 2009 businessx is up by 25 percent overlast year, despitre the recession.
“But on the opposit e page, we see a little bit of a decrease when they go out of Chris Dilla, owner of Bocktown Beer and Grill, in Nortjh Fayette, said it can be trickg for her operation to jump from a busy nightg of a hockey game to extra slow nights when there isn’ty one. She expects that plenty of customersz are struggling to go the distance withthe seven-gamr series. “It’s hard for the business becauserpeople don’t have the money to be out every other night,” she said. “Itr tends to be that people who watcnh the playoffs really have to watchtheifr pennies.
”
According to VisitPittsburgh, each home game between the and the Detroit Red Winges brings anestimated $4.9 millionh in economic impact, whether its from hotek stays, meals at restaurants or other spending. A number of hoteles are fully booked, includinb the Omni William Penn, which hosts the NHL’s the , with the caveaft that it always sells out Tuesdays and Wednesdayws anyway tobusiness travelers, and the . Tom the general manager for the Westi n ConventionCenter Hotel, located Downtown, describes the added boost of Stanley Cup-relatedx guests. “We would’ve been busy but we wouldn’g have been selling out,” he said.
“Thisa has allowed us to fill up the entire hotel, all 616 rooms.” Martini and other hote operators emphasized the added jolt of unexpected business comex during an otherwise down year from hotell business following a strong 2008, whichb also featured a Penguins-Red Wings Stanlehy Cup that was lost by Pittsburgh’zs favorite flightless birds. Bob the area director of saled and marketing for saidthe NFL’s coterie of league officials, alongy with media, has broughg an increase in occupancy beyond the two game days, comparable to the businessw generated from a strong home playofrf run by the , although not toppingv it.
“It’s not to the degree of probablh theAFC championship, but it’s still greaf business for us,” he said. “It’s selling us out.” The stor is a little more complicated for locak restaurantsand bars. John owner of The Common Plea, locatedc downtown, estimated the restaurant has seen a 25 percent increasd when the Penguins are playing playoff games in But when the team isplayingg away, the hockey fan dinera stay away. “We’ve seen increaseds when they’re here,” said Barsotti, who estimated his 2009 businessx is up by 25 percent overlast year, despitre the recession.
“But on the opposit e page, we see a little bit of a decrease when they go out of Chris Dilla, owner of Bocktown Beer and Grill, in Nortjh Fayette, said it can be trickg for her operation to jump from a busy nightg of a hockey game to extra slow nights when there isn’ty one. She expects that plenty of customersz are struggling to go the distance withthe seven-gamr series. “It’s hard for the business becauserpeople don’t have the money to be out every other night,” she said. “Itr tends to be that people who watcnh the playoffs really have to watchtheifr pennies.
”
Wednesday 31 August 2011
Memphis-Shelby County Airport Authority to receive $17.9M for projects - Triangle Business Journal:
egogakydo.wordpress.com
million for projects from the . The funds will builcd a new taxiway, improve the terminal building, instalkl airfield guidance signs and perimeter fencing and makerunwayy improvements. “By investing in better runways and improve d facilities we will create good payinfgconstruction jobs, and continue to attract tourists and businesses opportunitie from around the country,” U.S. Rep. Stevew Cohen, D-Memphis, said in a statement. The MSCAAz will be fully reimbursed for one taxiwayy construction project and be partiall y reimbursed for funds it spent on The group will also use the money to instalpl moving walkways from the new parkingh garage tothe terminal.
Airfielde guidance signs will help ease trafficc flow aroundthe airport. the east gate will be relocated to improve accesws for future development at the The funds will also rehabilitate the existinb runway pavement and wideh the taxiway for larger The grant was awarded through the Air Improvement It helps airports modernize air trafficcontrol systems, expand runways and improvs airport facilities.
million for projects from the . The funds will builcd a new taxiway, improve the terminal building, instalkl airfield guidance signs and perimeter fencing and makerunwayy improvements. “By investing in better runways and improve d facilities we will create good payinfgconstruction jobs, and continue to attract tourists and businesses opportunitie from around the country,” U.S. Rep. Stevew Cohen, D-Memphis, said in a statement. The MSCAAz will be fully reimbursed for one taxiwayy construction project and be partiall y reimbursed for funds it spent on The group will also use the money to instalpl moving walkways from the new parkingh garage tothe terminal.
Airfielde guidance signs will help ease trafficc flow aroundthe airport. the east gate will be relocated to improve accesws for future development at the The funds will also rehabilitate the existinb runway pavement and wideh the taxiway for larger The grant was awarded through the Air Improvement It helps airports modernize air trafficcontrol systems, expand runways and improvs airport facilities.
Monday 29 August 2011
Fed e-mails critical of BofA, Lewis - Boston Business Journal:
stockdaleiqemico1521.blogspot.com
The e-mail messages were entered into the public record as partof Thursday’ hearing held by the U.S. Hous e Committee on Oversight andGovernment Reform. Lewis testified for aboug three hours regardingthe government’s role in BofA’ purchase of Merrill, saying governmen pressure to go through with the deal was a factot in his decision. But e-mails from various high-ranking Federal Reservwe officials suggest regulators thought Lewis was bluffingf when he considered backing out of theMerrill “Ken Lewis’ claim that they were surprised by the rapid growthg of the losses (at Merrill) seemz somewhat suspect,” Fed senior banking supervisorr Tim Clark states an e-mail to other “It calls into question the adequacyu of the due diligence process BAC has been doing in preparatiob for the takeover.
” Another e-mail from Fed counsekl Scott Alvarez to Fed Chairman Ben Bernanke says of Lewis: “Makinh hard decisions is what he gets paid for ... we shouldn’tt take him off the One e-mail says Lewis used the threat to call off the Merrilp merger asa “bargaining chip.” In testimony Thursday, Lewis denied using Merrill as a bargaininvg chip. Instead, he says his concerns abouft the deal were but bank and federakl officials agreed proceeding with the purchase usinfg taxpayer aid was in the best interest of the financial systemand Charlotte, N.C.
-based BofA
The e-mail messages were entered into the public record as partof Thursday’ hearing held by the U.S. Hous e Committee on Oversight andGovernment Reform. Lewis testified for aboug three hours regardingthe government’s role in BofA’ purchase of Merrill, saying governmen pressure to go through with the deal was a factot in his decision. But e-mails from various high-ranking Federal Reservwe officials suggest regulators thought Lewis was bluffingf when he considered backing out of theMerrill “Ken Lewis’ claim that they were surprised by the rapid growthg of the losses (at Merrill) seemz somewhat suspect,” Fed senior banking supervisorr Tim Clark states an e-mail to other “It calls into question the adequacyu of the due diligence process BAC has been doing in preparatiob for the takeover.
” Another e-mail from Fed counsekl Scott Alvarez to Fed Chairman Ben Bernanke says of Lewis: “Makinh hard decisions is what he gets paid for ... we shouldn’tt take him off the One e-mail says Lewis used the threat to call off the Merrilp merger asa “bargaining chip.” In testimony Thursday, Lewis denied using Merrill as a bargaininvg chip. Instead, he says his concerns abouft the deal were but bank and federakl officials agreed proceeding with the purchase usinfg taxpayer aid was in the best interest of the financial systemand Charlotte, N.C.
-based BofA
Subscribe to:
Posts (Atom)