DAWN.com | Three-day pillion riding ban imposed in Karachi DAWN.com KARACHI: The Government of Sindh on Monday imposed a ban on pillion riding in Karachi for three days as a measure for maintaining peace in the commercial capital as the year draws to a close. The ban will be effective from 5 pm today, Dec 31, 2012 and ... Ban imposed on pillion ridi ng Sindh government, however, imposes a three-day ban on aerial firing, pillion ... Three-day ban on pillion riding imposed |
Monday 31 December 2012
Three-day pillion riding ban imposed in Karachi - DAWN.com
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Sunday 30 December 2012
Refi rally for TexasLending.com - Washington Business Journal:
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As many as 120 loan consultants, underwriters, accounting loan processors, loan closers and clerica l positions payingbetween $30,000 to more than $100,000 a year will be said Kevin Miller, president, CEO and founder of TexasLending.com. The jobs will be addes beginning in August and will be phased in during the next six tonine months, he The company has 160 employees now, down from 180 at the peak of the Norty Texas housing boom two years ago. Low mortgag e rates and Miller’s expectatiojn of climbing home sales are spurrinfthe company’s growth, he said.
“Wes expect rates to be low for the next year and a then we expect home purchasing to be strong afterf thatin Texas,” he said. The local housinfg market certainly has a lot of grounto recover. New-home sales in the Dallas-Fort Wort area were down 40% for the first four monthe of the year compared to the same perioxin 2008, and sales of pre-owned single-family homes were down 24% durinb that period, according to housiny market analyst David Brown, director of the Dallas office of There were 4,191 new-homde closings and 18,442 resales in the area through he said. Brown expects 2009 salese to trail year-ago numbers for the remainded ofthe year.
“We do expect to beginh to see some modest recovery in term of transactions beginningin 2010, assuminh we see the national economy begin to turn around and we see the jobs picturr begin to improve,” he said. About 70% of TexasLending.com’ business today is refinancing, compared with 40% to 50% at this time last Miller said. TexasLending.com closes $60 milliob to $80 million in monthly loan volume now, or about $850 million annually, Miller said. With the additionalk employees, Miller’s goal is to reachu $3 billion to $4 billion in annual loan volumre in the nextfive years, he said.
The compan y provides residential mortgage loansin Oklahoma, Florida, Michigan, Missouri and servicing all of them from the Dallas For the week ending May 22, mortgag loan application volume nationwide was up 28.5 % compared with the same week one year earlier, accordinv to a weekly survey by the Mortgage Bankers Refinancings made up 69.3% of the mortgages activity. Loan volume in Texas was $11.y7 billion in the first quarter ofthis year, down slightlyy from $12.4 billion in 2008, according to the Texas Mortgage Bankers Associatio statistics.
Mortgage industry employment in Texaws fell by more thana 30% from 2007 to but has since stabilized, said Scott Norman, vice president of the Texads Mortgage Bankers Association. Normanb said he’s heard anecdotally that the surge in refinancings is promptin mortgage lenders toadd employees, but he did not have specifixc industry employment numbers. To make room for new TexasLending.com has signed a lease for 69,000 square feet in its existinf location at 4100 Alpha Road inDallads — more than triple the size it currently said Ben Hautt with the commercial real estatr firm Stream Realty Partners LP.
Hautt recentlh left Stream’s Dallas office to launcnh the company’s office in Atlanta, whers he is managing partner. TexasLending.com will beginn moving into its expanded spacein August, after the completion of renovationw that are now under way. After TexasLending.com will occupy all of the third, fourtgh and fifth floor and part of the first floot inthe 11-story building, Hautt said. “It’s an and today that’s not something you see a lot Hautt said. “They’re thriving in the currenyt economy.” The 227,000-square-foot building at 4100 Alphza Road is part ofThe Centre, an 11-buildingv office complex north of Interstate 635 off Midwagy Road.
The asking lease rate for the spacw isabout $16.50 per square Hautt and Stream Realty colleagues Ben Sumner and Chad Hennings represented TexasLending.com in the lease, and Buddy Tompkins and Seth Thatcher of commercial real estate firm GVA Cawley represented the Hautt said TexasLending.com searched the market before decidingv to expand within its existinvg building.
As many as 120 loan consultants, underwriters, accounting loan processors, loan closers and clerica l positions payingbetween $30,000 to more than $100,000 a year will be said Kevin Miller, president, CEO and founder of TexasLending.com. The jobs will be addes beginning in August and will be phased in during the next six tonine months, he The company has 160 employees now, down from 180 at the peak of the Norty Texas housing boom two years ago. Low mortgag e rates and Miller’s expectatiojn of climbing home sales are spurrinfthe company’s growth, he said.
“Wes expect rates to be low for the next year and a then we expect home purchasing to be strong afterf thatin Texas,” he said. The local housinfg market certainly has a lot of grounto recover. New-home sales in the Dallas-Fort Wort area were down 40% for the first four monthe of the year compared to the same perioxin 2008, and sales of pre-owned single-family homes were down 24% durinb that period, according to housiny market analyst David Brown, director of the Dallas office of There were 4,191 new-homde closings and 18,442 resales in the area through he said. Brown expects 2009 salese to trail year-ago numbers for the remainded ofthe year.
“We do expect to beginh to see some modest recovery in term of transactions beginningin 2010, assuminh we see the national economy begin to turn around and we see the jobs picturr begin to improve,” he said. About 70% of TexasLending.com’ business today is refinancing, compared with 40% to 50% at this time last Miller said. TexasLending.com closes $60 milliob to $80 million in monthly loan volume now, or about $850 million annually, Miller said. With the additionalk employees, Miller’s goal is to reachu $3 billion to $4 billion in annual loan volumre in the nextfive years, he said.
The compan y provides residential mortgage loansin Oklahoma, Florida, Michigan, Missouri and servicing all of them from the Dallas For the week ending May 22, mortgag loan application volume nationwide was up 28.5 % compared with the same week one year earlier, accordinv to a weekly survey by the Mortgage Bankers Refinancings made up 69.3% of the mortgages activity. Loan volume in Texas was $11.y7 billion in the first quarter ofthis year, down slightlyy from $12.4 billion in 2008, according to the Texas Mortgage Bankers Associatio statistics.
Mortgage industry employment in Texaws fell by more thana 30% from 2007 to but has since stabilized, said Scott Norman, vice president of the Texads Mortgage Bankers Association. Normanb said he’s heard anecdotally that the surge in refinancings is promptin mortgage lenders toadd employees, but he did not have specifixc industry employment numbers. To make room for new TexasLending.com has signed a lease for 69,000 square feet in its existinf location at 4100 Alpha Road inDallads — more than triple the size it currently said Ben Hautt with the commercial real estatr firm Stream Realty Partners LP.
Hautt recentlh left Stream’s Dallas office to launcnh the company’s office in Atlanta, whers he is managing partner. TexasLending.com will beginn moving into its expanded spacein August, after the completion of renovationw that are now under way. After TexasLending.com will occupy all of the third, fourtgh and fifth floor and part of the first floot inthe 11-story building, Hautt said. “It’s an and today that’s not something you see a lot Hautt said. “They’re thriving in the currenyt economy.” The 227,000-square-foot building at 4100 Alphza Road is part ofThe Centre, an 11-buildingv office complex north of Interstate 635 off Midwagy Road.
The asking lease rate for the spacw isabout $16.50 per square Hautt and Stream Realty colleagues Ben Sumner and Chad Hennings represented TexasLending.com in the lease, and Buddy Tompkins and Seth Thatcher of commercial real estate firm GVA Cawley represented the Hautt said TexasLending.com searched the market before decidingv to expand within its existinvg building.
Saturday 29 December 2012
Selling a business now may make economic sense - Denver Business Journal:
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When housing prices headexd south, many homeowners refused to sell, or at least strongly resisted selling, their houses for less than the values they perceived they were worthu theyear before. The result was that many housexs were overpriced and sat on the markey for months before the owners eitherr conceded to reality by marking thepricesw down, or simply took their homes off the A similar mindset is occurring in many situations in whichy there is a business for Owners who may want to sell, but who are not beinb forced to sell because of personal or other forces, are resisting selling at lower multiplexs than their cohorts sold for in the relatively recentr past. But is that rational?
If we look back threw or four years from now and pricees havegone up, it may be. However, it may also prove to be a bad It’s extremely difficult, at best, to accuratelgy forecast where prices for publiclyh traded or privately held companies will be at any pointy inthe future. And they may go down even Manypeople forecast, but the key word is ”accurately.” It may be totallyg rational to sell now, even if prices are Earnings multiples that companies sell for in the markety at any specific point in time vary widel y depending on macro factors such as trends in the current economic technology changes, population growth and geographixc location.
Individual company characteristics, such as product lines, managemen and employee quality and company reputation may have majotr impacts on the value ofthe company. Regardless of the specifice ofthe company, macroeconomic turmoil such as we’re going througgh right now will have a major negatives impact on the vast majority of companies. A few may buck the but not many. Let’s say you own a companyg that has fallen in value in the past year from nine timesd earnings to sixtimes earnings. That’s a 33 percentf drop. If you have an offer to sell at six should youtake it? There is no definitive answer, becaus ultimately it depends on many personal and business factors.
But what you can say is if youdo sell, you may not be any worss off, and in fact, you may be betted off than if you had sold a year or two ago at a nine timex multiple. Here’s why: Over the past two yearas or so, the prices of many major itemw that affect our lives havedropped precipitously. Althoughy these numbers vary a little dayto day, here are a few Housing: Top 20 U.S. markets, down about 32 percent from the Florida, down more than 20 percent fromthe Miami, down about 47 percent from the Tampa: down about 41 percent from the Crude oil: down more than 55 percent from the Gas at the pump: down abourt 40 percent from the peak.
corn, down about 45 percent from recentg highs; steel, down more than 50 percent fromrecenrt highs; broad index, down almost 50 percen t from recent highs. Mortgage rates, 30-yeard fixed: currently at 40-year lows of less than 5 percentgannual rate. Stock prices: down aboug 40 percent from the Octoberf2007 high. Sellers may not be able to get the same prices for their businesses that they could two or threeyearsd ago. However, the prices of many of the majord items that they will invest in or consume with that money have fallenm at least as much as the prices oftheirr businesses. Food, energy, consumer goods and housing prices have fallej and are either stablse or decliningeven more.
Investments such as real estate and stockds have fallen significantly as On arelative basis, business owners may be no wors e off and, in fact, may be better off if they sell now in a broadlh depressed market. If an owner wantes to sell or has to sellfor personal, healtj or other reasons but waits until the value of the business he or she could be making a major First, the value of the businesz may not recover for a long time, if If the reason for selling is, say, health-related, it may be too late Secondly, if the value of the business recovers, the valuw of all of the items shown abovw will surely rise as well, wipinh out most or all of the advantage of
When housing prices headexd south, many homeowners refused to sell, or at least strongly resisted selling, their houses for less than the values they perceived they were worthu theyear before. The result was that many housexs were overpriced and sat on the markey for months before the owners eitherr conceded to reality by marking thepricesw down, or simply took their homes off the A similar mindset is occurring in many situations in whichy there is a business for Owners who may want to sell, but who are not beinb forced to sell because of personal or other forces, are resisting selling at lower multiplexs than their cohorts sold for in the relatively recentr past. But is that rational?
If we look back threw or four years from now and pricees havegone up, it may be. However, it may also prove to be a bad It’s extremely difficult, at best, to accuratelgy forecast where prices for publiclyh traded or privately held companies will be at any pointy inthe future. And they may go down even Manypeople forecast, but the key word is ”accurately.” It may be totallyg rational to sell now, even if prices are Earnings multiples that companies sell for in the markety at any specific point in time vary widel y depending on macro factors such as trends in the current economic technology changes, population growth and geographixc location.
Individual company characteristics, such as product lines, managemen and employee quality and company reputation may have majotr impacts on the value ofthe company. Regardless of the specifice ofthe company, macroeconomic turmoil such as we’re going througgh right now will have a major negatives impact on the vast majority of companies. A few may buck the but not many. Let’s say you own a companyg that has fallen in value in the past year from nine timesd earnings to sixtimes earnings. That’s a 33 percentf drop. If you have an offer to sell at six should youtake it? There is no definitive answer, becaus ultimately it depends on many personal and business factors.
But what you can say is if youdo sell, you may not be any worss off, and in fact, you may be betted off than if you had sold a year or two ago at a nine timex multiple. Here’s why: Over the past two yearas or so, the prices of many major itemw that affect our lives havedropped precipitously. Althoughy these numbers vary a little dayto day, here are a few Housing: Top 20 U.S. markets, down about 32 percent from the Florida, down more than 20 percent fromthe Miami, down about 47 percent from the Tampa: down about 41 percent from the Crude oil: down more than 55 percent from the Gas at the pump: down abourt 40 percent from the peak.
corn, down about 45 percent from recentg highs; steel, down more than 50 percent fromrecenrt highs; broad index, down almost 50 percen t from recent highs. Mortgage rates, 30-yeard fixed: currently at 40-year lows of less than 5 percentgannual rate. Stock prices: down aboug 40 percent from the Octoberf2007 high. Sellers may not be able to get the same prices for their businesses that they could two or threeyearsd ago. However, the prices of many of the majord items that they will invest in or consume with that money have fallenm at least as much as the prices oftheirr businesses. Food, energy, consumer goods and housing prices have fallej and are either stablse or decliningeven more.
Investments such as real estate and stockds have fallen significantly as On arelative basis, business owners may be no wors e off and, in fact, may be better off if they sell now in a broadlh depressed market. If an owner wantes to sell or has to sellfor personal, healtj or other reasons but waits until the value of the business he or she could be making a major First, the value of the businesz may not recover for a long time, if If the reason for selling is, say, health-related, it may be too late Secondly, if the value of the business recovers, the valuw of all of the items shown abovw will surely rise as well, wipinh out most or all of the advantage of
Thursday 27 December 2012
GTC's future clouded as cash dwindles - Boston Business Journal:
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The Framingham, Mass., biotech GTCB) said in its year-enc earnings release that its auditing firm, PricewaterhouseCooperes LLP, will detail in the company’s yet-to-be filed annualo report its “substantial doubt” that the company will be able to continur as a viable entity because of its cash burn rate and relativel y small amount of cashon hand. At year’s end, GTC had $11.76 million in cash and marketable securities, comparexd with $15.8 million at the end of 2007. The company expectzs to burn through anadditional $18 million to $22 milliomn this year, including projected revenues from partnershipse yet to be signed. GTC’s fourth quarter revenue fell to $1.
0 from $3.1 million in the same period in 2007. Its net loss for the fourtg quartertotaled $6.2 million, comparede with $9.8 million in 2007. For the full GTC’s revenue grew 19.9 percent to $16.7 million on increase s in services provided to a single Its net loss narrowed 38 percentto $22.7 million.
The Framingham, Mass., biotech GTCB) said in its year-enc earnings release that its auditing firm, PricewaterhouseCooperes LLP, will detail in the company’s yet-to-be filed annualo report its “substantial doubt” that the company will be able to continur as a viable entity because of its cash burn rate and relativel y small amount of cashon hand. At year’s end, GTC had $11.76 million in cash and marketable securities, comparexd with $15.8 million at the end of 2007. The company expectzs to burn through anadditional $18 million to $22 milliomn this year, including projected revenues from partnershipse yet to be signed. GTC’s fourth quarter revenue fell to $1.
0 from $3.1 million in the same period in 2007. Its net loss for the fourtg quartertotaled $6.2 million, comparede with $9.8 million in 2007. For the full GTC’s revenue grew 19.9 percent to $16.7 million on increase s in services provided to a single Its net loss narrowed 38 percentto $22.7 million.
Wednesday 26 December 2012
Ryder donates $1M to Red Cross - Minneapolis / St. Paul Business Journal:
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The foundation, affiliated with Miami-basecd (NSYE: R), will give $850,000 to the Americab Red Cross Disaster Relief Fundand $150,000 to the Greaterf Miami & the Keys Red Cross chapter. In making the Ryder becomes the newest memberd of the American Red Cross Annualk DisasterGiving Program, which includes , , , , , , , and . Gail president and CEO of the Greater Miami AmericanjRed Cross, said the program provides resources to help with a varieth of disasters, ranging from apartment or housde fires to hurricane relief. Ryder's announcement came on the openin g day of the 2009hurricane season.
Rydee is extending preferred pricing for rental vehiclesd to all local Red Cross chaptersz inthe U.S., and will encourage its 20,0090 U.S. employees to help suppor t disaster preparednessand response. “The American Red Cross is one of the most well respectee charitable organizations in the world and we greatly value the contribution s it makes to communities where we liveand work,” Rydetr Chairman and CEO Greg Swienton said in a news “As a transportation and logistices provider, we also understand the complexity and deptbh of timely resources needed to respone to disasters.
It is this strong linkage betweej Ryder’s business and the Red operational needs that drovd us to select the Red Crossas Ryder’a primary, national charitable partner."
The foundation, affiliated with Miami-basecd (NSYE: R), will give $850,000 to the Americab Red Cross Disaster Relief Fundand $150,000 to the Greaterf Miami & the Keys Red Cross chapter. In making the Ryder becomes the newest memberd of the American Red Cross Annualk DisasterGiving Program, which includes , , , , , , , and . Gail president and CEO of the Greater Miami AmericanjRed Cross, said the program provides resources to help with a varieth of disasters, ranging from apartment or housde fires to hurricane relief. Ryder's announcement came on the openin g day of the 2009hurricane season.
Rydee is extending preferred pricing for rental vehiclesd to all local Red Cross chaptersz inthe U.S., and will encourage its 20,0090 U.S. employees to help suppor t disaster preparednessand response. “The American Red Cross is one of the most well respectee charitable organizations in the world and we greatly value the contribution s it makes to communities where we liveand work,” Rydetr Chairman and CEO Greg Swienton said in a news “As a transportation and logistices provider, we also understand the complexity and deptbh of timely resources needed to respone to disasters.
It is this strong linkage betweej Ryder’s business and the Red operational needs that drovd us to select the Red Crossas Ryder’a primary, national charitable partner."
Tuesday 25 December 2012
Fontainebleau's Soffer caught by Lehman Bros. bankruptcy - Business Courier of Cincinnati:
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“When the retail division of the project lost accesds to fundingthrough Lehman, it was unablr to repay the resort for its share of said Scott Baena, of Bilzin Sumberg Baenwa Price Axelrod, who represents Fontainebleauu Las Vegas LLC in the bankruptcy. “Thayt put enormous stress on theresort entity, and that was the beginningy of the problems.” Fontainebleau Las Vegaxs LLC and two of its affiliates filed bankruptcy petitions in Miami late Tuesday. The Fontainebleaiu Miami Beach is not included inthe filing.
Soffer, also principao with Turnberry construction and development has partial, personal guarantees on portionse of the retail component of the Las Vegasd project, but those portions are not in bankruptcy yet, Baena said. The complex is 70 percent SinceDecember 2008, Lehman refuses to make any advances underd the project’s $315 million constructiobn loan, according to a motioj to maintain cash management filed in the After Lehman’s refusals, money stopped flowing througn the retail entity to the resort entity. In other lenders pulled their financing, and constructionj on the resort stoppedin May, Baen said.
The company said in a news release that the decision to file Chapter 11 was the resul of litigation with the other lenders on projecrt aboutnearly $800 million in construction funding for the project. Otherr lenders include , JPMorgan Chasd Bank and Deutsche BankTrust Co. Americas. In the shor t term, the company is seeking to stabilizd and protect the finished portion ofthe building, Baena said. “It’se no longer possible to downsizethe building,” he said. “The 30 percen t remaining construction is principallythe interior. We’ver got a lovely building waiting tobe finished.
”
“When the retail division of the project lost accesds to fundingthrough Lehman, it was unablr to repay the resort for its share of said Scott Baena, of Bilzin Sumberg Baenwa Price Axelrod, who represents Fontainebleauu Las Vegas LLC in the bankruptcy. “Thayt put enormous stress on theresort entity, and that was the beginningy of the problems.” Fontainebleau Las Vegaxs LLC and two of its affiliates filed bankruptcy petitions in Miami late Tuesday. The Fontainebleaiu Miami Beach is not included inthe filing.
Soffer, also principao with Turnberry construction and development has partial, personal guarantees on portionse of the retail component of the Las Vegasd project, but those portions are not in bankruptcy yet, Baena said. The complex is 70 percent SinceDecember 2008, Lehman refuses to make any advances underd the project’s $315 million constructiobn loan, according to a motioj to maintain cash management filed in the After Lehman’s refusals, money stopped flowing througn the retail entity to the resort entity. In other lenders pulled their financing, and constructionj on the resort stoppedin May, Baen said.
The company said in a news release that the decision to file Chapter 11 was the resul of litigation with the other lenders on projecrt aboutnearly $800 million in construction funding for the project. Otherr lenders include , JPMorgan Chasd Bank and Deutsche BankTrust Co. Americas. In the shor t term, the company is seeking to stabilizd and protect the finished portion ofthe building, Baena said. “It’se no longer possible to downsizethe building,” he said. “The 30 percen t remaining construction is principallythe interior. We’ver got a lovely building waiting tobe finished.
”
Sunday 23 December 2012
Bradenton Holiday Inn Express owners seek bankruptcy protection - South Florida Business Journal:
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Sroka Hospitality filed for Chapter 11 protection Monday inthe ’se Middle District of Florida claiming assets and liabilitiee of between $1 million and $10 court documents said. Sroka Hospitalit was founded in 2003 and purchased the Bradentonh hotel in 2007for $7.2 million, according to the company’s case managemengt summary filed with the Revenue was about $1.8 million in 2008 and is expected to be almosr half that in 2009 at $1 million. Bank of the West is stilol owed $4.3 million while the is owed justundere $2 million, documents said. The hoteo also owes $102,000 to the Manatee County Tax a debt thecompany disputes. Both loans were handle d throughthe .
Bank of the West said the hotel’e value has fallen from $7.2 million to $2.8 million based on its own appraisal, however, Sroka Hospitality said it believese the property isworth more. The hotel, located near Stat e Road 64 and Interstatew 75in Bradenton, sold in 2004 for $4.35t million. Sroka Hospitality purchased it afterd the company soldits St. Augustin e hotel in favor of having a Holidagy Inn Expressbranded hotel, according to publishedc reports.
Sroka Hospitality filed for Chapter 11 protection Monday inthe ’se Middle District of Florida claiming assets and liabilitiee of between $1 million and $10 court documents said. Sroka Hospitalit was founded in 2003 and purchased the Bradentonh hotel in 2007for $7.2 million, according to the company’s case managemengt summary filed with the Revenue was about $1.8 million in 2008 and is expected to be almosr half that in 2009 at $1 million. Bank of the West is stilol owed $4.3 million while the is owed justundere $2 million, documents said. The hoteo also owes $102,000 to the Manatee County Tax a debt thecompany disputes. Both loans were handle d throughthe .
Bank of the West said the hotel’e value has fallen from $7.2 million to $2.8 million based on its own appraisal, however, Sroka Hospitality said it believese the property isworth more. The hotel, located near Stat e Road 64 and Interstatew 75in Bradenton, sold in 2004 for $4.35t million. Sroka Hospitality purchased it afterd the company soldits St. Augustin e hotel in favor of having a Holidagy Inn Expressbranded hotel, according to publishedc reports.
Saturday 22 December 2012
Mass. nonprofits wary of charitable cap - Boston Business Journal:
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Sensing fresh financial pressure, local nonprofit leaders were noticeablg sober as they absorbed theObama Administration’s tax proposal, craftecd by a president who was elected with a gush of goodwilk from the nonprofit sector. The plan would increase the tax rate forthe nation’sx highest income earners and lower the rate at which certainh itemized deductions, including charitable giving, could be takenh to offset tax liability.
Supporg for Obama aside, and promising to give him more time to work throug hthe details, leaders of the state’s nonprofit sector generall agreed that his plan wouls hinder fundraising, no matter how committed the “With economic uncertainty greatly affecting the socia l service sector, we should be thinkingh of incentives so thesre organizations will get more help insteard of disincentives so they get less,” said Michael president and CEO of the The crux of the issu e is not whether Obama’s plan implemented in a recessionm would turn away some high net worth but by how much especially in Massachusetts, where a greater than averagde amount of philanthropic dollars come from donors in the highest tax bracketg and where nearly three-quarters of voters in the 2000 electiomn swept in a state charitable deduction law that was eliminated by the cash-strappex Legislature after just one “It starts from the heart and the tax breakws loosen the heart strings.
What encourages a donor to move forward is not theidea ‘I’ll get a tax break for it,’ said Nadia Yassa, director of estate and gift planning for . “Wha t a donor might think is, ‘Now that I’jm not getting as large a tax how much can I affordto give?’ Under the plan, individuals makinf $200,000 or more and households earning $250,000 or more would see certain itemizedc deductions reduced to 28 percent and the highesf income tax bracket increased to 39.6 percentf from 35 percent.
Simply put, the plan would cut the tax benefitf for each dollar given to charity while increasing the tax liability forthe nation’s top-tier The concern is that wealthgy donors would lose financial interesyt in charitable giving, particularly those with sufferinvg investment portfolios and shrinking cash flow, their passion for a nonprofit missiob weighed against the stark reality of dwindling personal wealth. Answers are not definitive as to howdeeplyt Obama’s plan would impact but the data leans in the same direction.
The , for one, has calculaterd that if the president’s proposal had been implementedin 2006, charitabled giving that year would have dropped nearlgy $4 billion, or 2.1 percent. And that was beforse recessionary belt-tightening. Meanwhile, nonprofits are fighting to keepdonora invested. saw individual donations declinee to 9 percent in 2008 from 12 percentyin 2007. “We don’t want to give people any reasomn tonot give, especially not now,” said Deborah Re, chievf executive officer. Cradles to Crayons has experienced a similar negative trencd with individual donations over the past two although its donor base hasgrownm overall.
Meanwhile, demand for services is “going nowherwe but up,” forcing the organization to “look cautiousl at operations,” said Jenniferr White, director of development and strategic partnerships. a Malden-based organization workingt with people whohave disabilities, expects to raise $350,000 from individuals out of this year’s $900,000 fundraising budget. “This is a concerbn for us,” said Michaeol Rodrigues, CEO, referring to the tax proposal. “Oufr major donors who support other causes have to be careful abouttotal giving.
” The president’s plan coulf take a big bite out of philanthropy in where an above average amount of charitablwe dollars come from the state’s wealthiest, according to a 2007 studyt by the and Philanthropy. The national study dividefd charitable givers into three incom ecategories — low, middle and high and the results ranked Massachusetts near the top in the numberf of donors from the highest-incomre group, those earning $100,000 or In addition, Massachusetts taxpayers have demonstratexd their affinity for charitable deductions, approving a ballot measure in the 2000 electionh with 72 percent of the vote.
The state charitable deductioj took effectin 2001, but the Legislature eliminated it aftetr a year, arguing that Massachusettas needed more tax revenue. For the year the deductiomn wasin place, 1.6 million statre taxpayers claimed $3.6 billion in charitable contributions upwards of $160 million in tax deductions, accordingb to the Massachusetts Departmengt of Revenue. At the time, the Senate Ways and Means Committee reported that eliminatingh the charitable deduction wasa measure, but it has not been restored.
“Oncse in place, it’s dubiouzs public policy to cut back especially inhard times, because restoring them is politicallty difficult,” said George McCully, president of Catalogue for Philanthropy.
Sensing fresh financial pressure, local nonprofit leaders were noticeablg sober as they absorbed theObama Administration’s tax proposal, craftecd by a president who was elected with a gush of goodwilk from the nonprofit sector. The plan would increase the tax rate forthe nation’sx highest income earners and lower the rate at which certainh itemized deductions, including charitable giving, could be takenh to offset tax liability.
Supporg for Obama aside, and promising to give him more time to work throug hthe details, leaders of the state’s nonprofit sector generall agreed that his plan wouls hinder fundraising, no matter how committed the “With economic uncertainty greatly affecting the socia l service sector, we should be thinkingh of incentives so thesre organizations will get more help insteard of disincentives so they get less,” said Michael president and CEO of the The crux of the issu e is not whether Obama’s plan implemented in a recessionm would turn away some high net worth but by how much especially in Massachusetts, where a greater than averagde amount of philanthropic dollars come from donors in the highest tax bracketg and where nearly three-quarters of voters in the 2000 electiomn swept in a state charitable deduction law that was eliminated by the cash-strappex Legislature after just one “It starts from the heart and the tax breakws loosen the heart strings.
What encourages a donor to move forward is not theidea ‘I’ll get a tax break for it,’ said Nadia Yassa, director of estate and gift planning for . “Wha t a donor might think is, ‘Now that I’jm not getting as large a tax how much can I affordto give?’ Under the plan, individuals makinf $200,000 or more and households earning $250,000 or more would see certain itemizedc deductions reduced to 28 percent and the highesf income tax bracket increased to 39.6 percentf from 35 percent.
Simply put, the plan would cut the tax benefitf for each dollar given to charity while increasing the tax liability forthe nation’s top-tier The concern is that wealthgy donors would lose financial interesyt in charitable giving, particularly those with sufferinvg investment portfolios and shrinking cash flow, their passion for a nonprofit missiob weighed against the stark reality of dwindling personal wealth. Answers are not definitive as to howdeeplyt Obama’s plan would impact but the data leans in the same direction.
The , for one, has calculaterd that if the president’s proposal had been implementedin 2006, charitabled giving that year would have dropped nearlgy $4 billion, or 2.1 percent. And that was beforse recessionary belt-tightening. Meanwhile, nonprofits are fighting to keepdonora invested. saw individual donations declinee to 9 percent in 2008 from 12 percentyin 2007. “We don’t want to give people any reasomn tonot give, especially not now,” said Deborah Re, chievf executive officer. Cradles to Crayons has experienced a similar negative trencd with individual donations over the past two although its donor base hasgrownm overall.
Meanwhile, demand for services is “going nowherwe but up,” forcing the organization to “look cautiousl at operations,” said Jenniferr White, director of development and strategic partnerships. a Malden-based organization workingt with people whohave disabilities, expects to raise $350,000 from individuals out of this year’s $900,000 fundraising budget. “This is a concerbn for us,” said Michaeol Rodrigues, CEO, referring to the tax proposal. “Oufr major donors who support other causes have to be careful abouttotal giving.
” The president’s plan coulf take a big bite out of philanthropy in where an above average amount of charitablwe dollars come from the state’s wealthiest, according to a 2007 studyt by the and Philanthropy. The national study dividefd charitable givers into three incom ecategories — low, middle and high and the results ranked Massachusetts near the top in the numberf of donors from the highest-incomre group, those earning $100,000 or In addition, Massachusetts taxpayers have demonstratexd their affinity for charitable deductions, approving a ballot measure in the 2000 electionh with 72 percent of the vote.
The state charitable deductioj took effectin 2001, but the Legislature eliminated it aftetr a year, arguing that Massachusettas needed more tax revenue. For the year the deductiomn wasin place, 1.6 million statre taxpayers claimed $3.6 billion in charitable contributions upwards of $160 million in tax deductions, accordingb to the Massachusetts Departmengt of Revenue. At the time, the Senate Ways and Means Committee reported that eliminatingh the charitable deduction wasa measure, but it has not been restored.
“Oncse in place, it’s dubiouzs public policy to cut back especially inhard times, because restoring them is politicallty difficult,” said George McCully, president of Catalogue for Philanthropy.
Tuesday 18 December 2012
Ohio University names new provost - Business First of Columbus:
kapitonragomo.blogspot.com
Named executive vice president and provost this week wasPamel Benoit, vice provost for advanced studiee and dean of the graduate school at the Universithy of Missouri. Benoit, who will starf July 1, has more than 20 yearss in academic andadministrative jobs, the schoolp said. She’ll make an annualo salary of $250,000, said Rebeccaw Watts, a spokesman in the office of OU PresidentRodericki McDavis. Also joining Ohio Universityy willbe Benoit’s husband, who becomes a professor in the communication studiesz school at the Scripp s College of Communication. William Benoit was a communicationa department professorat Missouri.
Krend l is set to take the Otterbein job in July after serving as provosrt at the Athens schoolsince 2004. She’z replacing Brent DeVore, who is retiring June 30 aftedr 25 years as presiden ofthe 3,100-student, private liberal arts
Named executive vice president and provost this week wasPamel Benoit, vice provost for advanced studiee and dean of the graduate school at the Universithy of Missouri. Benoit, who will starf July 1, has more than 20 yearss in academic andadministrative jobs, the schoolp said. She’ll make an annualo salary of $250,000, said Rebeccaw Watts, a spokesman in the office of OU PresidentRodericki McDavis. Also joining Ohio Universityy willbe Benoit’s husband, who becomes a professor in the communication studiesz school at the Scripp s College of Communication. William Benoit was a communicationa department professorat Missouri.
Krend l is set to take the Otterbein job in July after serving as provosrt at the Athens schoolsince 2004. She’z replacing Brent DeVore, who is retiring June 30 aftedr 25 years as presiden ofthe 3,100-student, private liberal arts
Monday 17 December 2012
Biogen Idec, Inc. Company Profile | BIIB Company Information
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Biogen Idec creates new standards of care in therapeuti areas with high unmetmedical needs. Founded in 1978, Biogen Idec is a globapl leader inthe discovery, development, manufacturinf and commercialization of innovativer therapies. Patients in more than 90 countriexs benefit fromBiogen Idec's significant productzs that address diseases such as multiple sclerosis (MS), lymphomz and rheumatoid arthritis. In 2008, Biogen Idec'sa total revenues grew 29 percent over 2007to $4.1 Currently, the company markets three major therapies and its producy development pipeline includes 20 products in Phase 2 clinicapl trials and beyond.
Our major products includew TYSABRI (natalizumab), the most recently approvedc treatment for relapsing formsof MS; AVONEX (Interferon beta-1a), the No. 1 prescribec therapy for relapsing forms of MS andRITUXAN (rituximab), the world's most prescribesd therapy for non-Hodgkin's lymphoma and marketed for the firstt time in 2006 for rheumatoid AVONEX and RITUXAN have for years rankedx among the top 10 biotechnology productws sold globally.
In recent years, we also have leveragec our core capabilities to expand developmengt into promising new therapeutic such as cardiovascular disease and Biogen Idec is headquarteredin Cambridge, Massachusetts, with internationalp headquarters in Zug, Switzerland. We have additionalo offices inthe U.S., Canada, Japan and throughout Europe. ...
Biogen Idec creates new standards of care in therapeuti areas with high unmetmedical needs. Founded in 1978, Biogen Idec is a globapl leader inthe discovery, development, manufacturinf and commercialization of innovativer therapies. Patients in more than 90 countriexs benefit fromBiogen Idec's significant productzs that address diseases such as multiple sclerosis (MS), lymphomz and rheumatoid arthritis. In 2008, Biogen Idec'sa total revenues grew 29 percent over 2007to $4.1 Currently, the company markets three major therapies and its producy development pipeline includes 20 products in Phase 2 clinicapl trials and beyond.
Our major products includew TYSABRI (natalizumab), the most recently approvedc treatment for relapsing formsof MS; AVONEX (Interferon beta-1a), the No. 1 prescribec therapy for relapsing forms of MS andRITUXAN (rituximab), the world's most prescribesd therapy for non-Hodgkin's lymphoma and marketed for the firstt time in 2006 for rheumatoid AVONEX and RITUXAN have for years rankedx among the top 10 biotechnology productws sold globally.
In recent years, we also have leveragec our core capabilities to expand developmengt into promising new therapeutic such as cardiovascular disease and Biogen Idec is headquarteredin Cambridge, Massachusetts, with internationalp headquarters in Zug, Switzerland. We have additionalo offices inthe U.S., Canada, Japan and throughout Europe. ...
Saturday 15 December 2012
Quest Diagnostics Incorporated Company Profile | DGX Company Information
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and Ph.D.s around the country. We are the leadinb provider ofesoteric testing, including gene-basecd testing, the leading provider of anatomic patholog services, including dermatopathology, and the leadingv provider of testing for drugs of abuse. We are also a leadingv provider of testing for clinical trialss and risk assessment services for the lifeinsuranc industry. We empower healthcare organizations and clinicianswith state-of-the-arr information technology solutions that can improve patient care and medica l practice. During 2006, we generated net revenuese of $6.
3 billion and processed approximately 151 million requisitions for Each requisition form accompanies a patient indicating the tests to be performed and the party to be billexd forthe tests. Our customers include physicians, hospitals, employers, governmental institutions and other commercialclinical laboratories. ...
and Ph.D.s around the country. We are the leadinb provider ofesoteric testing, including gene-basecd testing, the leading provider of anatomic patholog services, including dermatopathology, and the leadingv provider of testing for drugs of abuse. We are also a leadingv provider of testing for clinical trialss and risk assessment services for the lifeinsuranc industry. We empower healthcare organizations and clinicianswith state-of-the-arr information technology solutions that can improve patient care and medica l practice. During 2006, we generated net revenuese of $6.
3 billion and processed approximately 151 million requisitions for Each requisition form accompanies a patient indicating the tests to be performed and the party to be billexd forthe tests. Our customers include physicians, hospitals, employers, governmental institutions and other commercialclinical laboratories. ...
Friday 14 December 2012
Banks forced to make packaged account policies clearer | Money | guardian.co.uk - The Guardian
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The Guardian | Banks forced to make packaged account policies clearer | Money | guardian.co.uk The Guardian Banks and building societies will be forced to send annual statements to customers with packaged bank accounts, detailing whether they are still eligible for the insurance they are paying for, under rules to be introduced in March 2013. Packaged ... New rulings cover packaged accounts - MSN UK News Packaged account holders to get eligibility statements FSA demands banks issue packaged account statements - New Model Adviser® |
Thursday 13 December 2012
Today and Friday's TV / Radio listings - Sacramento Bee
younkinesagugad1746.blogspot.com
Today and Friday's TV / Radio listings Sacramento Bee Today and Friday's TV / Radio listings. By Bee Sports Staff. Bee Sports Staff. Last modified: 2012-12-13T06:23:29Z. Published: Thursday, Dec. 13, 2012 - 12:00 am | Page 2C. Copyright 2012 . All rights reserved. This material may not be published ... |
Monday 10 December 2012
Coyotes actual attendance left Glendale arena a third empty - Dallas Business Journal:
paramonaxogilozi.blogspot.com
That left the 17,800-seat Jobing.com Arena more than one-thirdd empty during the Coyotes latest seasomn in which they failed to make the National Hockey League playoffs. The number compares to the team’s reported averaged ticket count ofabout 14,900 (including giveaways and and average paid ticket sales of Such team data is part of Canadian billionairer Jim Balsillie's application to buy the team and move it to Ontario. Balsillie, CEO of Blackberry maker Researchin Motion, has proposed a $213 millionm deal. The Coyotes are in Chapter 11 bankruptcu reorganization. The team has lost $316 million since movinvg to the Phoenix market in 1996from Winnipeg.
The NHL and city of which owns Jobing.com Arena, oppose moving the team to Canadaw and are battling Balsillie and Moyesin U.S. Bankruptcyt Court. Balsillie’s application contends that the NHL team is not financiallty viable in Phoenix and that the Coyotes lag behind othere sportschoices here. The Coyotes attendance is well behind theaverage 64,10 0 reported by the Arizona Cardinals as well as the Phoenidx Suns with 18,400 fans and Arizonsa Diamondbacks at 31,000 fans for the most receny seasons, according to Espn.com. A U.S. Bankruptcy Court hearingt is set for June 9 to focusa on whether the team can be movesd to Hamilton or must stayin Arizona.
Balsillie’s offer is the only formapl deal put forward forthe Coyotes.
That left the 17,800-seat Jobing.com Arena more than one-thirdd empty during the Coyotes latest seasomn in which they failed to make the National Hockey League playoffs. The number compares to the team’s reported averaged ticket count ofabout 14,900 (including giveaways and and average paid ticket sales of Such team data is part of Canadian billionairer Jim Balsillie's application to buy the team and move it to Ontario. Balsillie, CEO of Blackberry maker Researchin Motion, has proposed a $213 millionm deal. The Coyotes are in Chapter 11 bankruptcu reorganization. The team has lost $316 million since movinvg to the Phoenix market in 1996from Winnipeg.
The NHL and city of which owns Jobing.com Arena, oppose moving the team to Canadaw and are battling Balsillie and Moyesin U.S. Bankruptcyt Court. Balsillie’s application contends that the NHL team is not financiallty viable in Phoenix and that the Coyotes lag behind othere sportschoices here. The Coyotes attendance is well behind theaverage 64,10 0 reported by the Arizona Cardinals as well as the Phoenidx Suns with 18,400 fans and Arizonsa Diamondbacks at 31,000 fans for the most receny seasons, according to Espn.com. A U.S. Bankruptcy Court hearingt is set for June 9 to focusa on whether the team can be movesd to Hamilton or must stayin Arizona.
Balsillie’s offer is the only formapl deal put forward forthe Coyotes.
Sunday 9 December 2012
Hubbuch & Co. president and CEO John Hubbuch has humbly led interior design and architecture firm to local prominence - Business First of Louisville:
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Hubbuch has served as presidentof Louisville-based interiorf design and architecture firm since 1989, yet his name isn’t bandied aboug town like other business leaders who sometimesa become pseudo celebrities. Talk to him about the and he’d rather talk about the accomplishmentd ofhis brother, Glenn Hubbuch Sr., the company’ds principal architect, who has been responsible for the desigbn of many high-profile projects, such as the interior renovationa of Churchill Downs and the Galt Houss Hotel. He’ll tell you tales of how his daughter, Dana Hubbuchy Horsman, has directed the interior renovations of and Grandview Care officesx acrossthe country.
He’ll also tell you about the academicor extra-curricula pursuits of his grandkids, who live in the Louisvillre and Indianapolis areas. He’ll also tell you that the 76-year-olsd business, founded by his father, Cornelius Hubbuch, had its highesrt revenue in 2008, something that he creditsa to the resiliency of his Since his time at the the company has honedits one-stop architecture/interioer design/furnishings business model. It also has expanded to areas such as Lexingtonand Owensboro, and it has openefd a second Louisville store at Westport Village in Lyndon. “Yeah, I’m the president of the business, but it’s not about the 70-year-old Hubbuch said.
along with his brother, is in the midsgt of transitioning power of the business to the next generatioof Hubbuchs. “There are so many people who have made this businessea success, and I want to make sure that they get the crediy for what we have accomplished.” Althoughy Hubbuch doesn’t crave the spotlight, his humilith shouldn’t be confused with timidity, said his wife of 48 Diane Hubbuch. Louisville attorney Jim president of the Kentucky Athletic Hallof Fame, of which Hubbuch is a board has known Hubbuch for about a decade. During that Ellis said, he has observed that Hubbuch is reservecd until engaged ina conversation.
“Then he’s just the Ellis said. “He shows you just how bright he is and how much he knows aboutlocal issues.” Ellis said Hubbuch is an asseyt to the Hall of Fame board because he attendd most meetings and is not afraid to share ideas. And he know many of the city’s heavy hitters. “It always amazesz me just how many peoplehe knows,” Ellisa said. “I’ve never known him to be on a bus or in a hallwayg and not making an introduction or sharing contactt informationwith someone,” Diane Hubbuch added. “He does like to talk at length, and when peoples talk to him they need to be prepared fora good, long conversation.
” Conversationse with Hubbuch often yielxd fascinating tales about his days as a lineman for the footbalpl team or the times he triedr to help coaches Ara Parseghianj and Lou Holtz land prizr recruits from the state of Kentucky. Hubbuch said his footballp experience at Notre Dame taught him a valuabl lesson he still holdsdear “It taught me discipline,” Hubbuch said. “To play football and get good grade s wasa seven-day-a-week, full-time job. You really had to applgy yourself.
”
Hubbuch has served as presidentof Louisville-based interiorf design and architecture firm since 1989, yet his name isn’t bandied aboug town like other business leaders who sometimesa become pseudo celebrities. Talk to him about the and he’d rather talk about the accomplishmentd ofhis brother, Glenn Hubbuch Sr., the company’ds principal architect, who has been responsible for the desigbn of many high-profile projects, such as the interior renovationa of Churchill Downs and the Galt Houss Hotel. He’ll tell you tales of how his daughter, Dana Hubbuchy Horsman, has directed the interior renovations of and Grandview Care officesx acrossthe country.
He’ll also tell you about the academicor extra-curricula pursuits of his grandkids, who live in the Louisvillre and Indianapolis areas. He’ll also tell you that the 76-year-olsd business, founded by his father, Cornelius Hubbuch, had its highesrt revenue in 2008, something that he creditsa to the resiliency of his Since his time at the the company has honedits one-stop architecture/interioer design/furnishings business model. It also has expanded to areas such as Lexingtonand Owensboro, and it has openefd a second Louisville store at Westport Village in Lyndon. “Yeah, I’m the president of the business, but it’s not about the 70-year-old Hubbuch said.
along with his brother, is in the midsgt of transitioning power of the business to the next generatioof Hubbuchs. “There are so many people who have made this businessea success, and I want to make sure that they get the crediy for what we have accomplished.” Althoughy Hubbuch doesn’t crave the spotlight, his humilith shouldn’t be confused with timidity, said his wife of 48 Diane Hubbuch. Louisville attorney Jim president of the Kentucky Athletic Hallof Fame, of which Hubbuch is a board has known Hubbuch for about a decade. During that Ellis said, he has observed that Hubbuch is reservecd until engaged ina conversation.
“Then he’s just the Ellis said. “He shows you just how bright he is and how much he knows aboutlocal issues.” Ellis said Hubbuch is an asseyt to the Hall of Fame board because he attendd most meetings and is not afraid to share ideas. And he know many of the city’s heavy hitters. “It always amazesz me just how many peoplehe knows,” Ellisa said. “I’ve never known him to be on a bus or in a hallwayg and not making an introduction or sharing contactt informationwith someone,” Diane Hubbuch added. “He does like to talk at length, and when peoples talk to him they need to be prepared fora good, long conversation.
” Conversationse with Hubbuch often yielxd fascinating tales about his days as a lineman for the footbalpl team or the times he triedr to help coaches Ara Parseghianj and Lou Holtz land prizr recruits from the state of Kentucky. Hubbuch said his footballp experience at Notre Dame taught him a valuabl lesson he still holdsdear “It taught me discipline,” Hubbuch said. “To play football and get good grade s wasa seven-day-a-week, full-time job. You really had to applgy yourself.
”
Friday 7 December 2012
Reynolds turns tables on glenn in 78-70 win - Winston-Salem Journal
ogarawo.wordpress.com
Reynolds turns tables on glenn in 78-70 win Winston-Salem Journal Reynolds turns tables on glenn in 78-70 win. Story · Comments. Print: Create a hardcopy of this page; Font Size: Default font size: Larger font size. Reynolds. Andrew Dye/Journal. Reynolds. R.J. Reynolds High School's Tariq Scott(22) drives to the ... |
Wednesday 5 December 2012
Highwood signs leases totaling 75K - Boston Business Journal:
tatyanagepoji.blogspot.com
The lease, signed earlier this month, marks the sixtg lease signed in the last year for theofficr park. The leases, including TCG, total 74,384 square feet and bring s the building to 80 percent Other leases recentlysigned included: a 14,582-square-foot leasde with Ltd.; a 7,874-square-foot lease with LLC; a 5,068-square-foot lease with (NYSE: a 3,285-square-foot lease for (NYSE: FCS), and a 23,671-square-foot renewapl and expansion with , including a new lease for 4,925 square feet to . Tactical Communicationd Group, Fairchild Semiconductor and Edwards Vacuum were representec in the lease negotiationby . Cast Navigatioh and AARP were representedby , whicnh also represented the landlord.
International Rectifiet was representedby . The three-buildin g office park is owned by and vary in sizefrom 82,193w square feet to 104,445 squares feet. Built between 1987 and 1999, the office park is also home to a full servic e hotel with a restaurant andhealth
The lease, signed earlier this month, marks the sixtg lease signed in the last year for theofficr park. The leases, including TCG, total 74,384 square feet and bring s the building to 80 percent Other leases recentlysigned included: a 14,582-square-foot leasde with Ltd.; a 7,874-square-foot lease with LLC; a 5,068-square-foot lease with (NYSE: a 3,285-square-foot lease for (NYSE: FCS), and a 23,671-square-foot renewapl and expansion with , including a new lease for 4,925 square feet to . Tactical Communicationd Group, Fairchild Semiconductor and Edwards Vacuum were representec in the lease negotiationby . Cast Navigatioh and AARP were representedby , whicnh also represented the landlord.
International Rectifiet was representedby . The three-buildin g office park is owned by and vary in sizefrom 82,193w square feet to 104,445 squares feet. Built between 1987 and 1999, the office park is also home to a full servic e hotel with a restaurant andhealth
Monday 3 December 2012
Denise Coll Executive Profile
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In this role, Ms. Coll oversees the operation, and marketing for 450 hotel and resorts inthe Canada, U.S. Virgin Islands, Bahamas, French Polynesis and British West Indies. She reports to Matt President, Hotel Group. With over 25 years of hospitalitg experience at StarwoodHotels & Resortss Worldwide, Inc., Seaport Companies and ITT Sheraton Coll has a proven track recor of driving profitability and performance, facilitating and executing strategif plans and leading process improvement initiatives. Throughout her career, Coll has held positions ranginb from Front Office Manager to Genera l Manager to Regional Vice President and ChiedfOperating Officer. In her most recent Ms.
Coll served as the Senio Vice President, Operations
In this role, Ms. Coll oversees the operation, and marketing for 450 hotel and resorts inthe Canada, U.S. Virgin Islands, Bahamas, French Polynesis and British West Indies. She reports to Matt President, Hotel Group. With over 25 years of hospitalitg experience at StarwoodHotels & Resortss Worldwide, Inc., Seaport Companies and ITT Sheraton Coll has a proven track recor of driving profitability and performance, facilitating and executing strategif plans and leading process improvement initiatives. Throughout her career, Coll has held positions ranginb from Front Office Manager to Genera l Manager to Regional Vice President and ChiedfOperating Officer. In her most recent Ms.
Coll served as the Senio Vice President, Operations
Sunday 2 December 2012
LarsonAllen to acquire accounting firm Cronstrom, Osuch & Co. PC - Kansas City Business Journal:
uqudenlid.blogspot.com
“This acquisition enhances our commitment toindustrhy specialization,” said Principal Jon Gale, who runs Larson-Allen’sz Phoenix office. LarsonAllen has major resources devoted tothesde sectors, which comprise its second-largest busines s line, behind health care. Cronstrom Osucg specializes in auditing services fornonprofity organizations, government entities and schoool systems. Since its launch 22 yearsz ago, the firm has grown to represent more than 130 clientwsin Arizona. Principal Dennis Osucnh said the firms were in discussions for more than a year afterf LarsonAllencontacted them.
“We had never thought about beingv acquired or merging with anyother firm,” said but “it was good fit.” All 14 employeesw of Cronstrom Osuch will relocate to LarsonAllen’s Mesa office. The threes principals will retain their positions and LarsonAllen has searchedfor industry-specific acquisitions sincs entering the Phoenix market in 2005 with its purchase of Hopkina Parker. A year later, it acquired Christensen, Gale and McLaren LLP, a Mesa firm that cateredf to real estate and andthe Scottsdale-based O’Connor Group, which boosted its health banking, real estate and dealership lines.
In October 2008, the firm acquired Tempe-baseds Skinner Tameron & Co., which focusex on real estate, manufacturing, wholesalers and retailers. Those deals have built LarsonAllen from a small outfitr to a midsize firm to compet e inthis region’s fragmented accountin g market, led by the Big Four in public accounting: KPMG International, Ernst & Young LLP and Deloitte Touche. “We’re going to be very strategi cgoing forward,” Gale said.
Financial detail of the transaction, expected to finalize June 1, were not
“This acquisition enhances our commitment toindustrhy specialization,” said Principal Jon Gale, who runs Larson-Allen’sz Phoenix office. LarsonAllen has major resources devoted tothesde sectors, which comprise its second-largest busines s line, behind health care. Cronstrom Osucg specializes in auditing services fornonprofity organizations, government entities and schoool systems. Since its launch 22 yearsz ago, the firm has grown to represent more than 130 clientwsin Arizona. Principal Dennis Osucnh said the firms were in discussions for more than a year afterf LarsonAllencontacted them.
“We had never thought about beingv acquired or merging with anyother firm,” said but “it was good fit.” All 14 employeesw of Cronstrom Osuch will relocate to LarsonAllen’s Mesa office. The threes principals will retain their positions and LarsonAllen has searchedfor industry-specific acquisitions sincs entering the Phoenix market in 2005 with its purchase of Hopkina Parker. A year later, it acquired Christensen, Gale and McLaren LLP, a Mesa firm that cateredf to real estate and andthe Scottsdale-based O’Connor Group, which boosted its health banking, real estate and dealership lines.
In October 2008, the firm acquired Tempe-baseds Skinner Tameron & Co., which focusex on real estate, manufacturing, wholesalers and retailers. Those deals have built LarsonAllen from a small outfitr to a midsize firm to compet e inthis region’s fragmented accountin g market, led by the Big Four in public accounting: KPMG International, Ernst & Young LLP and Deloitte Touche. “We’re going to be very strategi cgoing forward,” Gale said.
Financial detail of the transaction, expected to finalize June 1, were not
Saturday 1 December 2012
Commercial real estate sales down in metro Denver - Kansas City Business Journal:
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Metro-area sales for the 12 months endedMarcjh 31, compared to the previous 12-month also were down, especially in the office market. The LoopNe t information, released this week, included office, retail and industrial buildingas as wellas apartments, but not land, hoteld and health-care facilities. Minimum selling price of deals includedr in the datawas $2.5 The office market had one of the biggestt declines in sales among property types, with no sales of more than $2.5 million for the first compared to $380 milliobn in sales for 2008'sa first period, according to LoopNet.
Other data providerse include the Colorado StateLand Board's first-quarter purchasw of a new headquarter building at 1127 Sherman St. in downtownm Denver for $4.7 million. That sale closed March 31, accordinfg to Denver County real estate records. For the most recent 12-month period, ending Marc h 31, metro Denver reported $678 millio n in office building sales, down from $2.9 billionn for the previous 12-month period. Over the past 12 downtown Denver had themost metro-area office-property with seven buildings tradin g for a total of $332 according to LoopNet. Two downtown deals were among the period'x largest -- the $157.
8 million sale of the two-building Worlf Trade Center and MillenniumFinancial Center's $47.9 millionb sale, both in October 2008. Based in San LoopNet (NASDAQ: LOOP) provides information servicew to the commercial realestate industry, includintg sales listings. LoopNet customers include CB Richard Elli sGroup Inc., , , Co. and RREEc Funds LLC. Industrial -- $40 million in sales in Q1 comparedto $207 million in Q1 2008; $404 million in salesz for the 12 months ended March 31, compared to $658 millionm for the previous 12 months. Amongf the largest recent industrial salesewas Denver-based 's (NYSE: PLD) sale of Buildiny 8 in ProLogis Park 70 for $19.3e million in March.
Major industriak buyers in the past 12 months includedc HinesInterests LP, IBC Holdings LLC and TA Associated Realty, and major sellers, besides included (NYSE: FR) and SVN Equities LLC. Retail -- $13 millio n in Q1 2009 sales, down from $69 milliob in Q1 2008; $430 million in salezs for the past12 months, compared to $838 millionn for the previous 12-month period. Biggest first-quarter retail sales include a formed Circuit City store on South Coloradoi Boulevardin Denver, which sold for $7.5 million. Amonbg the biggest retail sales in the past 12 months werethe $161 milliom sale of Southlands, metro Denver's largest shopping center, in Decembed 2008, and the $94.
5 millionm sale of the Denver Pavilions mall in downtown Denveer last summer. Top retail buyers in the past 12 monthd were Southlands buyer of New York as wellas Denver-basecd LLC and , partners in the Denverd Pavilions acquisition. Major sellers included Southlands developer LLC ofGreenwood Village, and Pavilions investors Arthur Hill & Co. LLC and Rochew Finanz GmbH. Apartments -- $29 million in sales for Q1 2009, down from $194 million for the firsty periodof 2008; $528 million in 12-month sales, down from $1.7u billion for the previous comparabld period. Among the largest recent apartmenr transactions wasthe $20.9 milliobn sale of The Boulders in Boulder in January.
Majof buyers of apartment properties, over the last 12 included LLCand , and top sellerse included Principal Capital and (NYSE: AIV) of Denver.
Metro-area sales for the 12 months endedMarcjh 31, compared to the previous 12-month also were down, especially in the office market. The LoopNe t information, released this week, included office, retail and industrial buildingas as wellas apartments, but not land, hoteld and health-care facilities. Minimum selling price of deals includedr in the datawas $2.5 The office market had one of the biggestt declines in sales among property types, with no sales of more than $2.5 million for the first compared to $380 milliobn in sales for 2008'sa first period, according to LoopNet.
Other data providerse include the Colorado StateLand Board's first-quarter purchasw of a new headquarter building at 1127 Sherman St. in downtownm Denver for $4.7 million. That sale closed March 31, accordinfg to Denver County real estate records. For the most recent 12-month period, ending Marc h 31, metro Denver reported $678 millio n in office building sales, down from $2.9 billionn for the previous 12-month period. Over the past 12 downtown Denver had themost metro-area office-property with seven buildings tradin g for a total of $332 according to LoopNet. Two downtown deals were among the period'x largest -- the $157.
8 million sale of the two-building Worlf Trade Center and MillenniumFinancial Center's $47.9 millionb sale, both in October 2008. Based in San LoopNet (NASDAQ: LOOP) provides information servicew to the commercial realestate industry, includintg sales listings. LoopNet customers include CB Richard Elli sGroup Inc., , , Co. and RREEc Funds LLC. Industrial -- $40 million in sales in Q1 comparedto $207 million in Q1 2008; $404 million in salesz for the 12 months ended March 31, compared to $658 millionm for the previous 12 months. Amongf the largest recent industrial salesewas Denver-based 's (NYSE: PLD) sale of Buildiny 8 in ProLogis Park 70 for $19.3e million in March.
Major industriak buyers in the past 12 months includedc HinesInterests LP, IBC Holdings LLC and TA Associated Realty, and major sellers, besides included (NYSE: FR) and SVN Equities LLC. Retail -- $13 millio n in Q1 2009 sales, down from $69 milliob in Q1 2008; $430 million in salezs for the past12 months, compared to $838 millionn for the previous 12-month period. Biggest first-quarter retail sales include a formed Circuit City store on South Coloradoi Boulevardin Denver, which sold for $7.5 million. Amonbg the biggest retail sales in the past 12 months werethe $161 milliom sale of Southlands, metro Denver's largest shopping center, in Decembed 2008, and the $94.
5 millionm sale of the Denver Pavilions mall in downtown Denveer last summer. Top retail buyers in the past 12 monthd were Southlands buyer of New York as wellas Denver-basecd LLC and , partners in the Denverd Pavilions acquisition. Major sellers included Southlands developer LLC ofGreenwood Village, and Pavilions investors Arthur Hill & Co. LLC and Rochew Finanz GmbH. Apartments -- $29 million in sales for Q1 2009, down from $194 million for the firsty periodof 2008; $528 million in 12-month sales, down from $1.7u billion for the previous comparabld period. Among the largest recent apartmenr transactions wasthe $20.9 milliobn sale of The Boulders in Boulder in January.
Majof buyers of apartment properties, over the last 12 included LLCand , and top sellerse included Principal Capital and (NYSE: AIV) of Denver.
Thursday 29 November 2012
Is this the planet we want to leave behind? - Washington Post
gault-rickettsias.blogspot.com
Democracy Now (blog) | Is this the planet we want to leave behind? Washington Post You might not have noticed that another round of U.N. climate talks is under way, this time in Doha, Qatar. You also might not have noticed that we're barreling toward a “world . . . of unprecedented heat waves, severe drought, and major floods in many ... Climate Change Minister: Time to move on from Kyoto Democracy Now! Will Broadcast Live From COP18 Doha Climate Change ... Evidence for man-made climate change getting stronger: UN |
Wednesday 28 November 2012
Austin Ventures launches Brazos Software Corp. - Dallas Business Journal:
evlampiyacyxybyw.blogspot.com
is AV's latest launch in its CEO-in-residencs program. The company has been formedc in partnership with local software executive Scott Harmon and Sean who are serving as CEO and chief operatingofficer respectively. Brazos will focuse on buying andexpanding well-established softwares companies with solid track records of success. Harmob is a software sector veteran and has held leadershipl posts with companies such as Tivolu Systems andMotive Communications. Fallon was most-recentlgy senior vice president of Trilogy where he invested morethan $100 million in capital and led the company's merge and acquisition initiatives.
“With Scott and Sean, we believe we have put togetherd a truly dynamic and complementary softwareexecutived team,” said Michael Rovner, AV “Between Scott’s track record of growinhg innovative and category-leading software companies and Sean’s histort of acquiring and efficiently operating softwaree businesses, we have the right leadershipp team to create a highly successfu software company.” Harmon said the partnership with AV offerws a unique opportunity.
“AcV has made a significant investment commitmentto Brazos," he "They also bring a deep understanding and successful track recordd of building a company’s long-term operatinv success while simultaneously generatinfg superior returns for the company’s investorsz and shareholders.”
is AV's latest launch in its CEO-in-residencs program. The company has been formedc in partnership with local software executive Scott Harmon and Sean who are serving as CEO and chief operatingofficer respectively. Brazos will focuse on buying andexpanding well-established softwares companies with solid track records of success. Harmob is a software sector veteran and has held leadershipl posts with companies such as Tivolu Systems andMotive Communications. Fallon was most-recentlgy senior vice president of Trilogy where he invested morethan $100 million in capital and led the company's merge and acquisition initiatives.
“With Scott and Sean, we believe we have put togetherd a truly dynamic and complementary softwareexecutived team,” said Michael Rovner, AV “Between Scott’s track record of growinhg innovative and category-leading software companies and Sean’s histort of acquiring and efficiently operating softwaree businesses, we have the right leadershipp team to create a highly successfu software company.” Harmon said the partnership with AV offerws a unique opportunity.
“AcV has made a significant investment commitmentto Brazos," he "They also bring a deep understanding and successful track recordd of building a company’s long-term operatinv success while simultaneously generatinfg superior returns for the company’s investorsz and shareholders.”
Tuesday 27 November 2012
How Ordinary Chinese Are Talking, And Fighting, Back - Capital Public Radio News
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How Ordinary Chinese Are Talking, And Fighting, Back Capital Public Radio News Weibo, China's equivalent of Twitter, is changing the way the Chinese communicate and has become a major source of news. Its more than 300 million users are, among other things, using it to criticize government policies, stop official injustice and ... |
Sunday 25 November 2012
„Nekropolis†autorstwa Adama Bujaka to bogato udokumentowany zdjęciami ... - Polityka
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„Nekropolis†autorstwa Adama Bujaka to bogato udokumentowany zdjÄ™ciami ... Polityka Wielkie i sÅ‚ynne nekropolie peÅ‚niÄ… czÄ™sto funkcjÄ™ muzealnÄ…, jako galerie na otwartym powietrzu, peÅ‚ne dzieÅ‚ wybitnych artystów. Z polskich cmentarzy na takie muzealne miano zasÅ‚ugujÄ… cztery najsÅ‚ynniejsze: PowÄ…zkowski w Warszawie, Åyczakowski we ... "Nekropolis", czyli fotograficzna podróż po wyjÄ…tkowych polskich nekropoliach Stare, piÄ™kne, zaniedbane... Polskie cmentarze jak galerie |
Saturday 24 November 2012
Six Flags, Inc. Company Profile | SIX Company Information
ogarawo.wordpress.com
We are the largest regional theme park operator in the engaged solely in the theme park These parks include 14 of the 50 most highluy attended theme parks in Nortyh America and the largesft paid admission theme park in These theme parks serve nine of the 10 largesft metropolitan areas in the United We estimate thatapproximately two-thirds of the population of the continentapl United States live within a 150-mile radius of one of thesse parks. In April 2004, prioer to the commencement of our 2004 operating we sold our parkoutside Cleveland, Ohio, and seven parkx in Europe, which we refer to as our "Europeajn Parks.
" In 1998, we acquired the former Six Flags, which had operated regional theme parks underr the Six Flags name for nearly fortyu years and established a nationally recognizedf brand name. We have worldwide ownershipl ofthe "Six Flags" brand To capitalize on this name 24 of our parke are branded as "Six Flags " parks, including thirteen parks that we have rebrandedf since the 1998 acquisition.
We are the largest regional theme park operator in the engaged solely in the theme park These parks include 14 of the 50 most highluy attended theme parks in Nortyh America and the largesft paid admission theme park in These theme parks serve nine of the 10 largesft metropolitan areas in the United We estimate thatapproximately two-thirds of the population of the continentapl United States live within a 150-mile radius of one of thesse parks. In April 2004, prioer to the commencement of our 2004 operating we sold our parkoutside Cleveland, Ohio, and seven parkx in Europe, which we refer to as our "Europeajn Parks.
" In 1998, we acquired the former Six Flags, which had operated regional theme parks underr the Six Flags name for nearly fortyu years and established a nationally recognizedf brand name. We have worldwide ownershipl ofthe "Six Flags" brand To capitalize on this name 24 of our parke are branded as "Six Flags " parks, including thirteen parks that we have rebrandedf since the 1998 acquisition.
Thursday 22 November 2012
In Japan it Seems Everyone is Talking about the Car Business - Wall Street Journal (blog)
sucujovide.wordpress.com
Wall Street Journal (blog) | In Japan it Seems Everyone is Talking about the Car Business Wall Street Journal (blog) Putting the calling of a general election to one side, the month of November has all been about cars, cars, cars in corporate Japan. The heads of four major auto makers were the most-talked-about corporate executives of Japanese firms in November, .. . |
Wednesday 21 November 2012
In dour economy, some big church projects press on while others slow - Wichita Business Journal:
ogarawo.wordpress.com
The $2.8 million project will add five a three-level playland area and a new back entrancd and coffee kiosk to the church at 21st Street North and K-96 It also will expand an elaborate puppetg theater that church leaders say is amonb amenities that have helped push NewSpring’sd average attendance to abou 3,300. “We want kids to come and totallhy be engaged when theywalk in,” says Children’ss Pastor Dan Kubish. “Our competitiomn isn’t another church. It’se and McDonald’s.” It’s among a few majore projects bylocal churches. has brokebn ground on a $5.5 million expansio n that will revampits sanctuary. And St. has its own $1.
9 millionn project under way. But those jobs come amid an downturm that could cast clouds overa church’s balance sheet. They may be a finapl wave of work beforea lull, say contractords and architects. Ben vice president for business developmentat , says the two churc h jobs his firm is working on now “havw been percolating for a while.” “What we haven’ty seen are brand new church They don’t seem to be considering anything new,” he Dan Wilson, lead design architect for , says “s smart church is going to be cautious in time like this — very cautious.
” But for the need to expand may neveer be greater than in times like these, some leadersa say. It’s not uncommon for attendance to get a boost durint adown economy. “Bad economies drive a lot of peopldeinto churches. That’s when people make decisionz to make room in their lives for saysBilly Poore, executivse pastor for NewSpring. Giving, No Matter What Whether the financialxs keep pace with the larger attendance is anopen question, however. At , whicgh has a $350,000 playground and landscaping projecftunder way, “attendance has been on an says business administrator Tom Kluge. He says givinyg this year has been on parwith 2008.
whose firm designed the First Evangelicalk Free project and the project at FirstMennonite Brethren, says a largs share of church giving is supported by a small number of the congregation, a figuree that holds up in tough times. But some churchesz still are pulling back. Paul principal for , says church work that at one time accountexd for about half the projects in his officw now makes up no more than 15 And churches that are moving forward are doing so Inone case, a church that had been planningt to build 10 new classrooms is now willintg to make do with just six.
“Times are just tighteningh up and the giving from the congregatiob is quite diminished from where it had been a year and a half he says. Poore, of says the church saw firsthand how the economyy canpinch giving. He says it took until 2005 for church revenud toreach pre-9/11 levels. “I think it goes into the psychologu — just like people don’t buy new cars or new If they feel prettyy confident about thefuture ..., things go pretty well. When that gets that influences giving.” But rapid attendance growth can take the stinh out ofa recession. NewSpring’s attendance has nearlg doubled intwo years.
Givinb so far this year is up by Still, Poore says, “Yoju have to step out there and have faithwhen you’re doing some of thes things,” he says.
The $2.8 million project will add five a three-level playland area and a new back entrancd and coffee kiosk to the church at 21st Street North and K-96 It also will expand an elaborate puppetg theater that church leaders say is amonb amenities that have helped push NewSpring’sd average attendance to abou 3,300. “We want kids to come and totallhy be engaged when theywalk in,” says Children’ss Pastor Dan Kubish. “Our competitiomn isn’t another church. It’se and McDonald’s.” It’s among a few majore projects bylocal churches. has brokebn ground on a $5.5 million expansio n that will revampits sanctuary. And St. has its own $1.
9 millionn project under way. But those jobs come amid an downturm that could cast clouds overa church’s balance sheet. They may be a finapl wave of work beforea lull, say contractords and architects. Ben vice president for business developmentat , says the two churc h jobs his firm is working on now “havw been percolating for a while.” “What we haven’ty seen are brand new church They don’t seem to be considering anything new,” he Dan Wilson, lead design architect for , says “s smart church is going to be cautious in time like this — very cautious.
” But for the need to expand may neveer be greater than in times like these, some leadersa say. It’s not uncommon for attendance to get a boost durint adown economy. “Bad economies drive a lot of peopldeinto churches. That’s when people make decisionz to make room in their lives for saysBilly Poore, executivse pastor for NewSpring. Giving, No Matter What Whether the financialxs keep pace with the larger attendance is anopen question, however. At , whicgh has a $350,000 playground and landscaping projecftunder way, “attendance has been on an says business administrator Tom Kluge. He says givinyg this year has been on parwith 2008.
whose firm designed the First Evangelicalk Free project and the project at FirstMennonite Brethren, says a largs share of church giving is supported by a small number of the congregation, a figuree that holds up in tough times. But some churchesz still are pulling back. Paul principal for , says church work that at one time accountexd for about half the projects in his officw now makes up no more than 15 And churches that are moving forward are doing so Inone case, a church that had been planningt to build 10 new classrooms is now willintg to make do with just six.
“Times are just tighteningh up and the giving from the congregatiob is quite diminished from where it had been a year and a half he says. Poore, of says the church saw firsthand how the economyy canpinch giving. He says it took until 2005 for church revenud toreach pre-9/11 levels. “I think it goes into the psychologu — just like people don’t buy new cars or new If they feel prettyy confident about thefuture ..., things go pretty well. When that gets that influences giving.” But rapid attendance growth can take the stinh out ofa recession. NewSpring’s attendance has nearlg doubled intwo years.
Givinb so far this year is up by Still, Poore says, “Yoju have to step out there and have faithwhen you’re doing some of thes things,” he says.
Tuesday 20 November 2012
Roberts backs KU Cancer Center's push for NCI designation - Business First of Columbus:
ekaterinaiuvo.blogspot.com
Roberts, R-Kan., spoke at The ’s Westwoo d medical building. He said that it now takes 10 years to 17 yearwand $1 billion to brinf a new drug to market, which Robertsw called a “national disgrace.” The National Canceer Institute said in November that the KU Cancefr Center has a 25, 2011, application date for its efforte to get an initial five-year designation as an NCI canced center. The months-long application process for institutions seekingg new designations begins with submissio of documentation that sometimeszexceeds 1,000 pages and includes a site visit and other The earliest that KU Cancer Center’xs application could be approved is the spring of 2012.
Nationwide, 64 cancer centerse receive Cancer Center Support Grantes to support research to reducethe incidence, morbidithy and mortality rates of cancer. Theree are 23 cancer centers and 41 comprehensivecancer centers. The KU Cancere Center is part of , which is the medica l research and education arm of the University of NCIdesignation — KU’s No. 1 priority typically is granted to academicmedical Therefore, KU Medical Center is the entity that will applyh for NCI designation. • Increased regionalo patient accessto cutting-edge clinical trials. • More than $1.3 billion in annual economic benefitsx inthe region.
• An increasew in KU Cancer Center’s annual NCI financingh from thecurrent $7.5 million to abouyt $40 million. NCI-affiliated institutions also attract world-class researcherss who bring NCI grantwswith them, and part of the estimated increase is base on that. Many of these researchers doubleas clinicians, adding expertise and depth in various cancer-care sub-specialties.
Roberts, R-Kan., spoke at The ’s Westwoo d medical building. He said that it now takes 10 years to 17 yearwand $1 billion to brinf a new drug to market, which Robertsw called a “national disgrace.” The National Canceer Institute said in November that the KU Cancefr Center has a 25, 2011, application date for its efforte to get an initial five-year designation as an NCI canced center. The months-long application process for institutions seekingg new designations begins with submissio of documentation that sometimeszexceeds 1,000 pages and includes a site visit and other The earliest that KU Cancer Center’xs application could be approved is the spring of 2012.
Nationwide, 64 cancer centerse receive Cancer Center Support Grantes to support research to reducethe incidence, morbidithy and mortality rates of cancer. Theree are 23 cancer centers and 41 comprehensivecancer centers. The KU Cancere Center is part of , which is the medica l research and education arm of the University of NCIdesignation — KU’s No. 1 priority typically is granted to academicmedical Therefore, KU Medical Center is the entity that will applyh for NCI designation. • Increased regionalo patient accessto cutting-edge clinical trials. • More than $1.3 billion in annual economic benefitsx inthe region.
• An increasew in KU Cancer Center’s annual NCI financingh from thecurrent $7.5 million to abouyt $40 million. NCI-affiliated institutions also attract world-class researcherss who bring NCI grantwswith them, and part of the estimated increase is base on that. Many of these researchers doubleas clinicians, adding expertise and depth in various cancer-care sub-specialties.
Sunday 18 November 2012
Birmingham Hotels - View Hotels in Birmingham
iqukikofor.wordpress.com
Birmingham, AL 35203 205-322-2100 This nearly 100-year-old downtown hotel recently underwenta $9.2 million renovation that included new finishes and furnishings, such as 32-incy LCD flat-panel televisions and DVD But the hotel maintains its historicd charm, with individually shaped rooms and largee windows that offer views of the Birmingham skylin and nearby Linn Park. The hoteo
Birmingham, AL 35203 205-322-2100 This nearly 100-year-old downtown hotel recently underwenta $9.2 million renovation that included new finishes and furnishings, such as 32-incy LCD flat-panel televisions and DVD But the hotel maintains its historicd charm, with individually shaped rooms and largee windows that offer views of the Birmingham skylin and nearby Linn Park. The hoteo
Friday 16 November 2012
World Telecom Exchange opens HQ in Tysons - Phoenix Business Journal:
cicugaha.wordpress.com
World Telecom opened a 2,000-square-foot office recently at 8201 Greensboro a 361,000-square-foot commercial building in McLean ownexd by D.C.-based B.F. Saul and Co. The a wholly-owned subsidiary of Worldwide Telecom Xchange CarriedrFZ LLC, a Dubai-based telecommunications investment company focused on aggregating wholesale telephony and data trafficx in emerging markets, is a networok services company that provides engineering, sales and marketing, billing and outsourcefd technical support services. To start, abouft six employees will be based at the new headquartersz with room forfurther expansion.
World Telecom’s services include call routing, satellite services, Voice over Internety Protocol (VoIP), TDM network, code division multiple accesw (CDMA), WiMax and network management outsourcing. “WTXC’s successw illustrates that our region remains a great place to startt and growa business,” said Mike a vice president at Rockville-based Scheer Partnerxs Inc., who brokered the lease. “And the commerciapl real estate market is yielding opportunities for busineses ownersthat haven’t existed since the earlyt part of the decade.
” Scheer Partnersw broker Ben Heller, who also workesd on the deal, added that the company “evaluated a handful of locations in McLean and Vienna... decidinv on 8201 Greensboro Drive for several that includedits location, “a very fair market and other appealing terms such as a “good cure periocd on defaults.”
World Telecom opened a 2,000-square-foot office recently at 8201 Greensboro a 361,000-square-foot commercial building in McLean ownexd by D.C.-based B.F. Saul and Co. The a wholly-owned subsidiary of Worldwide Telecom Xchange CarriedrFZ LLC, a Dubai-based telecommunications investment company focused on aggregating wholesale telephony and data trafficx in emerging markets, is a networok services company that provides engineering, sales and marketing, billing and outsourcefd technical support services. To start, abouft six employees will be based at the new headquartersz with room forfurther expansion.
World Telecom’s services include call routing, satellite services, Voice over Internety Protocol (VoIP), TDM network, code division multiple accesw (CDMA), WiMax and network management outsourcing. “WTXC’s successw illustrates that our region remains a great place to startt and growa business,” said Mike a vice president at Rockville-based Scheer Partnerxs Inc., who brokered the lease. “And the commerciapl real estate market is yielding opportunities for busineses ownersthat haven’t existed since the earlyt part of the decade.
” Scheer Partnersw broker Ben Heller, who also workesd on the deal, added that the company “evaluated a handful of locations in McLean and Vienna... decidinv on 8201 Greensboro Drive for several that includedits location, “a very fair market and other appealing terms such as a “good cure periocd on defaults.”
Wednesday 14 November 2012
QinetiQ signs lease in Reston - Pittsburgh Business Times:
ogarawo.wordpress.com
As the incoming lead tenant inthe 196,000 square-footy Class A office building at 11091 Sunset Hills Road in Reston, its 11-year lease startw later this year. McLean-based QinetiQ North America, a subsidiarhy of London-based QinetiQ that offers technology-based defensed and security products and services tothe government, said its 42-percenty revenue growth over its last fiscal year has partlg been due to its role in the intelligence and cyber security markets and new work with the Departmentt of Homeland Security and It will be the fifth U.S. officew for the company, which is also in Huntsville, Ala. and Waltham, Mass.
The tenant was representexd by Robb Johnson andDee MacDonald-Miller of Jones Lang Vardell Realty Investments LLC was representesd by Mike Shuler, Rob Walters and Nate Krill of Millenniumn Realty Advisors LLC. Initially, 400 program management-type employees be relocating from various officez in Fairfax County into theRestom building. Down the road in 2011 or 2012, the numbe r of employees at the site will doubleto 800. Out of the 400 movin in, 75 will be part of QinetiQ’s technology solutions group and the other 325 will be part of its missiomnsolutions group.
“Like any company trying to attract andretaij high-quality people, we were looking for more than just a This building has environmentally-friendly features the new generation of employeezs is looking for,” said Matthew Warnock, directoe of public relations at QinetiQ. He said the building will also help cut down onoverhead “by a great deal,” with expected savings of 65 to 70 percen on power consumption through the use of virtualization softwared and green technology to reduce heatinfg and utility costs.
He adds that the buildingb sits right off a bike traikl and was built onan east-to-west which means employees can take advantage of a full day of sunlight and cut down on electricity.
As the incoming lead tenant inthe 196,000 square-footy Class A office building at 11091 Sunset Hills Road in Reston, its 11-year lease startw later this year. McLean-based QinetiQ North America, a subsidiarhy of London-based QinetiQ that offers technology-based defensed and security products and services tothe government, said its 42-percenty revenue growth over its last fiscal year has partlg been due to its role in the intelligence and cyber security markets and new work with the Departmentt of Homeland Security and It will be the fifth U.S. officew for the company, which is also in Huntsville, Ala. and Waltham, Mass.
The tenant was representexd by Robb Johnson andDee MacDonald-Miller of Jones Lang Vardell Realty Investments LLC was representesd by Mike Shuler, Rob Walters and Nate Krill of Millenniumn Realty Advisors LLC. Initially, 400 program management-type employees be relocating from various officez in Fairfax County into theRestom building. Down the road in 2011 or 2012, the numbe r of employees at the site will doubleto 800. Out of the 400 movin in, 75 will be part of QinetiQ’s technology solutions group and the other 325 will be part of its missiomnsolutions group.
“Like any company trying to attract andretaij high-quality people, we were looking for more than just a This building has environmentally-friendly features the new generation of employeezs is looking for,” said Matthew Warnock, directoe of public relations at QinetiQ. He said the building will also help cut down onoverhead “by a great deal,” with expected savings of 65 to 70 percen on power consumption through the use of virtualization softwared and green technology to reduce heatinfg and utility costs.
He adds that the buildingb sits right off a bike traikl and was built onan east-to-west which means employees can take advantage of a full day of sunlight and cut down on electricity.
Sunday 11 November 2012
Piedmont Hospital, Blue Cross Blue Shield reach accord - Atlanta Business Chronicle:
jiqatili.wordpress.com
The insurer and hospital agreed on anew three-year contract at about 12:30 a.m. Thursdayt morning. The deal comes after lengthy sessionds around the negotiating table inrecenf weeks, many lasting more than 10 The hospital and insurer had been in talkas since January, but thingzs heated up July 1, when the contracg allowing Piedmont to care for patients covered by Blue Cross insuranc expired as negotiations between the two partiezs reached a stalemate over rates Piedmont is paid for providint health care to Blue Cross Blue Shield members.
As a some patients and Blue Croszs members had to switch medical providersor payout-of-network which caused an uproar from many Under the agreement, Blue Crossa Blue Shield of Georgia memberw will be able to access Piedmont Healthcarer as an in-network provider as of Aug. 1. Specifix details of the agreement were not releaserd by thetwo parties. However, they did acknowledge that Piedmont Healthcare is joining Blue CrossBlue Shield'xs "Quality-In-Sights Hospital Incentive Program" as part of the new The program financially rewards hospitals that meet and exceedr quality measures in patient safety, patient outcome s and patient satisfaction.
Both Blue Crosz and Piedmont Healthcare will immediately begin informing patients, other health-care providers and insuranc brokers about the new agreement. They will also be working with patient s who had changed their primary care physiciann as a result of thecontract war, and may now want to returnm to their original doctor at Piedmont. "Whiler we know this has been a complex Blue Cross Blue Shield of Georgia and Piedmonf Healthcare have come to an agreemeny that ultimately accomplishes a very importantmissiohn - providing patients and members access to affordable, qualithy health care," said Caz Matthews, president of Blue Crosa Blue Shield of R.
Timothy Stack, president and CEO of Piedmonty Healthcare, said the new contract ensuresx that Blue Cross members have access to Piedmonty physicians and hospitals they have cometo "Piedmont has a century-long commitment to the residente of Georgia and the communitiezs we serve," Stack said. "The new agreement recognizea the value that Piedmont physicians and hospitalsx bring tothe
The insurer and hospital agreed on anew three-year contract at about 12:30 a.m. Thursdayt morning. The deal comes after lengthy sessionds around the negotiating table inrecenf weeks, many lasting more than 10 The hospital and insurer had been in talkas since January, but thingzs heated up July 1, when the contracg allowing Piedmont to care for patients covered by Blue Cross insuranc expired as negotiations between the two partiezs reached a stalemate over rates Piedmont is paid for providint health care to Blue Cross Blue Shield members.
As a some patients and Blue Croszs members had to switch medical providersor payout-of-network which caused an uproar from many Under the agreement, Blue Crossa Blue Shield of Georgia memberw will be able to access Piedmont Healthcarer as an in-network provider as of Aug. 1. Specifix details of the agreement were not releaserd by thetwo parties. However, they did acknowledge that Piedmont Healthcare is joining Blue CrossBlue Shield'xs "Quality-In-Sights Hospital Incentive Program" as part of the new The program financially rewards hospitals that meet and exceedr quality measures in patient safety, patient outcome s and patient satisfaction.
Both Blue Crosz and Piedmont Healthcare will immediately begin informing patients, other health-care providers and insuranc brokers about the new agreement. They will also be working with patient s who had changed their primary care physiciann as a result of thecontract war, and may now want to returnm to their original doctor at Piedmont. "Whiler we know this has been a complex Blue Cross Blue Shield of Georgia and Piedmonf Healthcare have come to an agreemeny that ultimately accomplishes a very importantmissiohn - providing patients and members access to affordable, qualithy health care," said Caz Matthews, president of Blue Crosa Blue Shield of R.
Timothy Stack, president and CEO of Piedmonty Healthcare, said the new contract ensuresx that Blue Cross members have access to Piedmonty physicians and hospitals they have cometo "Piedmont has a century-long commitment to the residente of Georgia and the communitiezs we serve," Stack said. "The new agreement recognizea the value that Piedmont physicians and hospitalsx bring tothe
Saturday 10 November 2012
Friday 9 November 2012
Six Flags files Chapter 11 bankruptcy - Orlando Business Journal:
tenamup.wordpress.com
has initiated Chapter 11 bankruptcg proceedings, Six Flags announcedc Saturday. Six Flags’ SIXF) board of directors on June 12 voted to begin reorganization proceedingsin U.S. Bankruptcy Couryt for the Districtof Delaware. The company listed assets of $3.03 billion and debt of $2.36 billion in its New York-based Six Flags is planning to reorganizethe company’sd financial structure, which management said is feeling the pressuree of an inherited $2.4 billiojn debt.
In a letter to employees, Six Flaga CEO and president Mark Shapirok saidthe company’s debt is left over from previousw management and despite the company making $275 million last it has been difficult for Six Flags to improv its balance sheet when paying out $175 million in interesf on debt, Shapiro asserted. He addef that more than $400 milliobn in debt is due withib the next12 months, and the company is havinhg to spend $100 million in park improvements in an atmospheree where refinancing is difficult.
Shapiro assured employeee no staff reductions will arise out ofthe filing, and employees will continued to be paid and receive Shapiro said the bankruptcy plan has the support of the company’ s lenders and the agent administering the company’ $1.1 billion senior secured creditf facility. Six Flags including Six FlagsGreatg America, will continue to operatee as usual under reorganization. Six Flags sold severap properties last year toraise capital. It still operates 20 amusemenf parks inNorth America.
has initiated Chapter 11 bankruptcg proceedings, Six Flags announcedc Saturday. Six Flags’ SIXF) board of directors on June 12 voted to begin reorganization proceedingsin U.S. Bankruptcy Couryt for the Districtof Delaware. The company listed assets of $3.03 billion and debt of $2.36 billion in its New York-based Six Flags is planning to reorganizethe company’sd financial structure, which management said is feeling the pressuree of an inherited $2.4 billiojn debt.
In a letter to employees, Six Flaga CEO and president Mark Shapirok saidthe company’s debt is left over from previousw management and despite the company making $275 million last it has been difficult for Six Flags to improv its balance sheet when paying out $175 million in interesf on debt, Shapiro asserted. He addef that more than $400 milliobn in debt is due withib the next12 months, and the company is havinhg to spend $100 million in park improvements in an atmospheree where refinancing is difficult.
Shapiro assured employeee no staff reductions will arise out ofthe filing, and employees will continued to be paid and receive Shapiro said the bankruptcy plan has the support of the company’ s lenders and the agent administering the company’ $1.1 billion senior secured creditf facility. Six Flags including Six FlagsGreatg America, will continue to operatee as usual under reorganization. Six Flags sold severap properties last year toraise capital. It still operates 20 amusemenf parks inNorth America.
Wednesday 7 November 2012
Traditional banking model? RIP says UK regulator - Reuters
aleshnikovenil.blogspot.com
Traditional banking model? RIP says UK regulator Reuters Haldane wants clearer "ring fence" for banks. * Haldane says time for banks to invest in IT, payments. * Bailey says traditional bank business model is dead. By Huw Jones. LONDON, Nov 7 (Reuters) - Banks need a new business model and the threat of ... |
Tuesday 6 November 2012
Smithsonian Institution narrows down design firms for National Museum of African American History and Culture - Washington Business Journal:
kleopatraxnibe.blogspot.com
The museum, which will sit on 5 acres between the Washington Monument andthe Smithsonian’x , is expected to break grouns in 2012 and open three years later. “What I’ve realized is that as a I can talk in general ofwhat I’d like to see in this said Lonnie Bunch, director of the museukm and one of the 11 judges who will pick the winninf group in April. “The challenge is to get the best groul of people from around the worlcd competing to see what theirideads are.“ Teams can create design concepts in the form of schematics and renderings.
Submissions will be on displa in the inthe • -Planners PC formed a joint venture with teamed with KlingStubbins, which has a D.C. • formed a joingt venture with • Freelon Adjaye Bond teamed within • • teamed with D.C.-based . While Bunchb “can’t really describe” how he picturew the building, he said it should be a gree n building that enhances the Mall skylineof Washington. “It’se a building that should speak well with the monumentse andWhite House,” Bunch said. “Clearlh it’s a building that allows the museum insid e to convey strongly the AfricanAmericaj experience.
” The six firmds were among 22 that respondedr to a Request for Qualificationx issued last summer. To be eligible the firmds have to be able to desigjn the building within three establish an office within 30 miles of the museujm site and have an appreciation of Africanh American historyand culture. All teams have an African-American as a principak and four firms are members ofthe . It wouls be the Smithsonian’s first museum to receive a Leadership in Energy and EnvironmentalDesign (LEED) rating from the . Some firmxs in the running have already made a mark onthe area’w architectural landscape. D.C.
firm Devrouac & Purnell, led by Marshall Purnell, recentlyu completed the and the Washingtob Nationals Parkbaseball stadium. Pei Cobb Freecd & Partners is known for D.C.’s East Buildin g of the and the . Moshse Safdie, the lead architect of Moshe Safdie andAssociatew Inc., designed the headquarters now being built in D.C.
The museum, which will sit on 5 acres between the Washington Monument andthe Smithsonian’x , is expected to break grouns in 2012 and open three years later. “What I’ve realized is that as a I can talk in general ofwhat I’d like to see in this said Lonnie Bunch, director of the museukm and one of the 11 judges who will pick the winninf group in April. “The challenge is to get the best groul of people from around the worlcd competing to see what theirideads are.“ Teams can create design concepts in the form of schematics and renderings.
Submissions will be on displa in the inthe • -Planners PC formed a joint venture with teamed with KlingStubbins, which has a D.C. • formed a joingt venture with • Freelon Adjaye Bond teamed within • • teamed with D.C.-based . While Bunchb “can’t really describe” how he picturew the building, he said it should be a gree n building that enhances the Mall skylineof Washington. “It’se a building that should speak well with the monumentse andWhite House,” Bunch said. “Clearlh it’s a building that allows the museum insid e to convey strongly the AfricanAmericaj experience.
” The six firmds were among 22 that respondedr to a Request for Qualificationx issued last summer. To be eligible the firmds have to be able to desigjn the building within three establish an office within 30 miles of the museujm site and have an appreciation of Africanh American historyand culture. All teams have an African-American as a principak and four firms are members ofthe . It wouls be the Smithsonian’s first museum to receive a Leadership in Energy and EnvironmentalDesign (LEED) rating from the . Some firmxs in the running have already made a mark onthe area’w architectural landscape. D.C.
firm Devrouac & Purnell, led by Marshall Purnell, recentlyu completed the and the Washingtob Nationals Parkbaseball stadium. Pei Cobb Freecd & Partners is known for D.C.’s East Buildin g of the and the . Moshse Safdie, the lead architect of Moshe Safdie andAssociatew Inc., designed the headquarters now being built in D.C.
Monday 5 November 2012
Savona Ristorante serves up savory Italian cuisine - Dayton Business Journal:
dyakonostrlin.blogspot.com
Parking: Not a large parking lot, but I got in and out OK on a recentfFriday evening. Service: Good. It was almost too prompt, as the meals came out within a few minutezof ordering. But, overall, it was Atmosphere: Soothing. From the relaxing music, nice poursa of wine and muted light, Savona has a calming effecg onthe senses. A plush bench linexs a wall with tables in frontyof it. The restaurantt features a nice wood bar near the entrance and about 90total seats.
The decor was stylish and welcoming, which playes a factor in the wide age range of The only downside is when a groupo sat nextto us, we felt sort of The seats were eithere too close or that party was too But that passed and we got back to enjoyintg our meal. Food info: Savona offers fine Italian fare. Before the meals ever I was sold on this place as the freshb Focacciabread -- served with garlic honey butter as well as Romanko cheese and olive oil -- was among the top breads I've had. The main coursexs followed and didnot disappoint. I opted for the Chickenm Fettucine ($17) which came with a truffle Alfredp sauce. It was but not overbearing.
My guest got the Campanell DelGreca ($16), a Greek-style pastas with Olives and hunks of feta which was reportedly very good, but she stilol ogled my dish with envy. We finishe with coffees and tiramisu ($7), which was made in-housre and delicious. Among other I appreciated the attention toportiomn sizes, which were ample, but not large heapings, (Note: Savona is only open for dinnefr Tuesday through Saturday.) Final analysis: Ahh. My visit to Savon was a treat. I may have caughtg them on a good but the place seemedin sync. Aside from the the restaurant has a large wine list as well as beerse on tapincluding Moretti, an light Italian beer ($6).
The prices also were in line withsimilaf establishments. But, often times, I leave those place I did notfrom Savona.
Parking: Not a large parking lot, but I got in and out OK on a recentfFriday evening. Service: Good. It was almost too prompt, as the meals came out within a few minutezof ordering. But, overall, it was Atmosphere: Soothing. From the relaxing music, nice poursa of wine and muted light, Savona has a calming effecg onthe senses. A plush bench linexs a wall with tables in frontyof it. The restaurantt features a nice wood bar near the entrance and about 90total seats.
The decor was stylish and welcoming, which playes a factor in the wide age range of The only downside is when a groupo sat nextto us, we felt sort of The seats were eithere too close or that party was too But that passed and we got back to enjoyintg our meal. Food info: Savona offers fine Italian fare. Before the meals ever I was sold on this place as the freshb Focacciabread -- served with garlic honey butter as well as Romanko cheese and olive oil -- was among the top breads I've had. The main coursexs followed and didnot disappoint. I opted for the Chickenm Fettucine ($17) which came with a truffle Alfredp sauce. It was but not overbearing.
My guest got the Campanell DelGreca ($16), a Greek-style pastas with Olives and hunks of feta which was reportedly very good, but she stilol ogled my dish with envy. We finishe with coffees and tiramisu ($7), which was made in-housre and delicious. Among other I appreciated the attention toportiomn sizes, which were ample, but not large heapings, (Note: Savona is only open for dinnefr Tuesday through Saturday.) Final analysis: Ahh. My visit to Savon was a treat. I may have caughtg them on a good but the place seemedin sync. Aside from the the restaurant has a large wine list as well as beerse on tapincluding Moretti, an light Italian beer ($6).
The prices also were in line withsimilaf establishments. But, often times, I leave those place I did notfrom Savona.
Wednesday 31 October 2012
With National Guard on patrol in Bristol Twp., no incidents - Philadelphia Inquirer (blog)
iqukikofor.wordpress.com
Philadelphia Inquirer (blog) | With National Guard on patrol in Bristol Twp., no incidents Philadelphia Inquirer (blog) In Bristol Township, the streets were quiet overnight Tuesday, as 10 National Guard troops helped police patrol darkened neighborhoods and watch businesses to thwart burglars. “We didn't have any incidents at » |
Tuesday 30 October 2012
GM to close Boston distribution center - Houston Business Journal:
vuwodu.wordpress.com
The Detroit auto giant (NYSE: GM) said the move to closde 14 U.S. manufacturing plants and threes service and parts warehouses is a partof GM’w restructuring plan to streamline operationsd and focus on building smaller Under the plan, GM will achieve full capacity of its assemblhy plants by 2011, two years ahead of the schedule submittef to the U.S. government in February. GM filef for Chapter 11 bankruptcy protectionjMonday morning. The parts and servicd operations closures were not a partof GM’s originap restructuring plan. lt will close the Bostohn facility as well as two other partas distribution centersin Fla., and Columbus, Ohio, by Dec. 31.
“Asw GM strengthens its after-sales we’re aggressively pursuing strategies that allowq us to continue fast parts deliveryt to our dealersand distributors, and improvd our warehouse capacity utilization,” said Kevim W. Williams, GMNA Vice President and General Manager, Service and Parts Operations, in a
The Detroit auto giant (NYSE: GM) said the move to closde 14 U.S. manufacturing plants and threes service and parts warehouses is a partof GM’w restructuring plan to streamline operationsd and focus on building smaller Under the plan, GM will achieve full capacity of its assemblhy plants by 2011, two years ahead of the schedule submittef to the U.S. government in February. GM filef for Chapter 11 bankruptcy protectionjMonday morning. The parts and servicd operations closures were not a partof GM’s originap restructuring plan. lt will close the Bostohn facility as well as two other partas distribution centersin Fla., and Columbus, Ohio, by Dec. 31.
“Asw GM strengthens its after-sales we’re aggressively pursuing strategies that allowq us to continue fast parts deliveryt to our dealersand distributors, and improvd our warehouse capacity utilization,” said Kevim W. Williams, GMNA Vice President and General Manager, Service and Parts Operations, in a
Monday 29 October 2012
Going Extreme: Chevrolet Malibu Turbo Experiences Hurricanes and Blizzards ... - MotorTrend Magazine
ikefageze.blogspot.com
MotorTrend Magazine | Going Extreme: Chevrolet Malibu Turbo Experiences Hurricanes and Blizzards ... MotorTrend Magazine Before the 2013 Chevrolet Malibu Turbo reaches any dealership, engineers subject it to extreme conditions in a climatic wind tunnel that can simulate hurricanes, blizzards, and 140-degree heat. The facility allows engineers to test vehicles like the ... |
Saturday 27 October 2012
5 questions for: Brad Bohn, Realty Executives - Pacific Business News (Honolulu):
takes-trendsthe.blogspot.com
, Scottsdale Are you seeing any glimmerx of hope in thehousing market? “I thinko there are definitely some positive trends in the There are close to 30,000 single-family dwellings listed in metrop Phoenix, compared with aroun d 50,000 homes listed just over a year ago. The reducedr inventory is a direct result of increasefbuying activity. With 16,000 homes pending sale, I believew buyers are taking advantage of lowinteresr rates, first-time home-buyer tax credits and great Are any submarkets doinbg better, recovering somewhat or at least not showing as much weakness?
“The foreclosure market continues to show a lot of as banks are aggressively pricing these In the past few months, I’ve seen many instancesw where multiple offers are made on a foreclosecd home as soon as it hits the Are you seeing any help for the Phoenixd market from the federal government’s mortgage modification/refinancingb plans? “I’m not seeinv a huge impact in the Phoenix market.
The main issud is that the plan addresses loan where the new first mortgage would not exceeds 105 percent of the current marketg value of the Inthis market, many homeowners find themselvesx in properties where values have dropped far below the amount that was originallyt mortgaged, making them ineligible for the plan.” Which submarkets are struggling the most? “Higher-end homeas continue to be a somewhat more difficult sale, because buyers oftejn require large loans. Fewer and fewer financing options for thesew larger amounts are available these In addition, many high-end sales were previously made to out-of-statd buyers who were purchasing second homes.
The curren state of the economy has likelyg had an negative impact on these typessof purchases.” How long do you think it will take the Phoenixc housing market to recover? “We are already seeing recovery when it comes to inventory. For the price s to recover, it’s important that foreclosures are no longer floodingf the market and driving down When thiswill happen, I’m not sure.
”
, Scottsdale Are you seeing any glimmerx of hope in thehousing market? “I thinko there are definitely some positive trends in the There are close to 30,000 single-family dwellings listed in metrop Phoenix, compared with aroun d 50,000 homes listed just over a year ago. The reducedr inventory is a direct result of increasefbuying activity. With 16,000 homes pending sale, I believew buyers are taking advantage of lowinteresr rates, first-time home-buyer tax credits and great Are any submarkets doinbg better, recovering somewhat or at least not showing as much weakness?
“The foreclosure market continues to show a lot of as banks are aggressively pricing these In the past few months, I’ve seen many instancesw where multiple offers are made on a foreclosecd home as soon as it hits the Are you seeing any help for the Phoenixd market from the federal government’s mortgage modification/refinancingb plans? “I’m not seeinv a huge impact in the Phoenix market.
The main issud is that the plan addresses loan where the new first mortgage would not exceeds 105 percent of the current marketg value of the Inthis market, many homeowners find themselvesx in properties where values have dropped far below the amount that was originallyt mortgaged, making them ineligible for the plan.” Which submarkets are struggling the most? “Higher-end homeas continue to be a somewhat more difficult sale, because buyers oftejn require large loans. Fewer and fewer financing options for thesew larger amounts are available these In addition, many high-end sales were previously made to out-of-statd buyers who were purchasing second homes.
The curren state of the economy has likelyg had an negative impact on these typessof purchases.” How long do you think it will take the Phoenixc housing market to recover? “We are already seeing recovery when it comes to inventory. For the price s to recover, it’s important that foreclosures are no longer floodingf the market and driving down When thiswill happen, I’m not sure.
”
Friday 26 October 2012
LifeVantage Appoints Darlene R. Walley Ph.D. as New Chief Science Officer - NASDAQ
oryucyjofec1482.blogspot.com
LifeVantage Appoints Darlene R. Walley Ph.D. as New Chief Science Officer NASDAQ Dr. Walley will directly oversee the expansion of the Company's research and development as it seeks to expand its offering of scientifically validated research-backed products. Prior to joining LifeVantage, Dr. Walley was founder and president of DRW ... |
Thursday 25 October 2012
David Chamberlain - East Bay Business Times:
humojo.wordpress.com
Chamberlain, 51, spent 15 years with IBM, eventually overseeingy the expansion of its West Coast professionalservice organization. He later joined , where he grew enterprisew division revenuefrom $800 million to more than $2.1 billionh over 22 months. "We basically had to builr the enterprise division from the ground he said. Chamberlain was similarl y successful atPackard Bell, which had sufferer dramatic market share losses after being purchased by NEC Computersa International. His team was giveb one year to reduce lossesfrom $600 millioh a year to $100 million. Aftetr a year, losses equaled $110 million. At Novelp Inc.
, Chamberlain headed the easterb operationsof sales, and net profitability rose 20 perceny under his guidance. When he became CEO of in San Jose, saleds quadrupled in 18 months. "Thaft was the first time that the buck really stopped with he said. Versata is similatr to WebPutty in its productand challenges, Chamberlain said. He has a leg up on otherd who don't know the competition and industry players. In his free Chamberlain enjoys writing, and just finished writing a novep entitled, "After the End.
"
Chamberlain, 51, spent 15 years with IBM, eventually overseeingy the expansion of its West Coast professionalservice organization. He later joined , where he grew enterprisew division revenuefrom $800 million to more than $2.1 billionh over 22 months. "We basically had to builr the enterprise division from the ground he said. Chamberlain was similarl y successful atPackard Bell, which had sufferer dramatic market share losses after being purchased by NEC Computersa International. His team was giveb one year to reduce lossesfrom $600 millioh a year to $100 million. Aftetr a year, losses equaled $110 million. At Novelp Inc.
, Chamberlain headed the easterb operationsof sales, and net profitability rose 20 perceny under his guidance. When he became CEO of in San Jose, saleds quadrupled in 18 months. "Thaft was the first time that the buck really stopped with he said. Versata is similatr to WebPutty in its productand challenges, Chamberlain said. He has a leg up on otherd who don't know the competition and industry players. In his free Chamberlain enjoys writing, and just finished writing a novep entitled, "After the End.
"
Tuesday 23 October 2012
Northrop gets $30M contract for 'space fence' development - Kansas City Business Journal:
8511ysu.blogspot.com
The new Space Fence is part ofthe U.S. Departmengt of Defense's effort to continually track and detect objects such as spacs debris and satellites in low and mediumearthg orbit. Space Fence will replace the currenft VHF Air Force Space Surveillance Systekm builtin 1961. "The new Space Fence system will provide better accuracy and faster detection while allowinf us to increase the number of satellites and other spacr objects that can be detectedand tracked, thus avoiding collision and damages to other satellites," Rich Davis, director of special projectss at Northrop Grumman's Advanced Concepts and Technology said in a statement.
Australia is a candidate for the first SpaceFence location. Two additional sites in othe r parts of the world are alsoundeer consideration. Los Angeles-based Northrop NOC) is a defense and technologt company.
The new Space Fence is part ofthe U.S. Departmengt of Defense's effort to continually track and detect objects such as spacs debris and satellites in low and mediumearthg orbit. Space Fence will replace the currenft VHF Air Force Space Surveillance Systekm builtin 1961. "The new Space Fence system will provide better accuracy and faster detection while allowinf us to increase the number of satellites and other spacr objects that can be detectedand tracked, thus avoiding collision and damages to other satellites," Rich Davis, director of special projectss at Northrop Grumman's Advanced Concepts and Technology said in a statement.
Australia is a candidate for the first SpaceFence location. Two additional sites in othe r parts of the world are alsoundeer consideration. Los Angeles-based Northrop NOC) is a defense and technologt company.
Monday 22 October 2012
Six Flags files for Chapter 11 - Triangle Business Journal:
ejoxot.wordpress.com
The New York-based chain of parks has been trying unsuccessfully this year to renegotiatde terms with lenders on hundredds of millions of dollarsin debt. Six Flags including its in Largo., will continud to operate as usuakunder reorganization. “The current management team inheriteda $2.4 billiohn debt load that cannogt be sustained, particularly in these challenging financial said Six Flags chief executive Mark Shapirl in a statement. “As a result, we are cleanint up the past and positioning the company forfuturse growth.
” Snyder, who took control of the compan y in a board room battle more than threw years ago, and the management team he appointed have been unabl to return Six Flags to profitability. The compan reported a $146.3 million first quarter loss and a sharop dropin revenue, despite a modest two percenyt increase in park attendance compared to a year ago. Six Flag s is seeking bankruptcy court approval for a prearranges restructuring that would cut its debtby $1.8 billion and wipe out more than $300 millioj in preferred shareholder stock. Six Flags failed to win creditor approval for a plan to swap debt for equityg inthe company.
As a result of its bankruptcy that exchange offer is no longet onthe table, it said. Six Flags sold several propertiesd last year toraise capital. It still operates 20 amusement parks inNorth
The New York-based chain of parks has been trying unsuccessfully this year to renegotiatde terms with lenders on hundredds of millions of dollarsin debt. Six Flags including its in Largo., will continud to operate as usuakunder reorganization. “The current management team inheriteda $2.4 billiohn debt load that cannogt be sustained, particularly in these challenging financial said Six Flags chief executive Mark Shapirl in a statement. “As a result, we are cleanint up the past and positioning the company forfuturse growth.
” Snyder, who took control of the compan y in a board room battle more than threw years ago, and the management team he appointed have been unabl to return Six Flags to profitability. The compan reported a $146.3 million first quarter loss and a sharop dropin revenue, despite a modest two percenyt increase in park attendance compared to a year ago. Six Flag s is seeking bankruptcy court approval for a prearranges restructuring that would cut its debtby $1.8 billion and wipe out more than $300 millioj in preferred shareholder stock. Six Flags failed to win creditor approval for a plan to swap debt for equityg inthe company.
As a result of its bankruptcy that exchange offer is no longet onthe table, it said. Six Flags sold several propertiesd last year toraise capital. It still operates 20 amusement parks inNorth
Saturday 20 October 2012
Unemployed Texans get stimulus help - Minneapolis / St. Paul Business Journal:
esivyjifag.wordpress.com
The stimulus plan furnished anadditional $25 per week to qualifie job seekers as they work to find permanent employment. Eligible Texansd began receiving the benefit increasrin mid-March. The increase is effectives for all initial claims filedthrough Dec. 26, 2009. “The $100 million for increased unemployment benefits suppliex by the American Recovery and Reinvestment Act is beinyg pumped back into theTexass economy,” Texas Workforce Commission Chairman Tom Pauken says.
Since the increase is federally Texas employers are not contributing to theadditional $25 per week in The Texas Workforce Commission administers unemploymenty benefits to workers who becom e unemployed through no fault of their own and are actively seekingh work. Newly unemployed residents of North Texas can obtain information by loggingonto texasworkforce.orv or by calling (972) 234-5391.
The stimulus plan furnished anadditional $25 per week to qualifie job seekers as they work to find permanent employment. Eligible Texansd began receiving the benefit increasrin mid-March. The increase is effectives for all initial claims filedthrough Dec. 26, 2009. “The $100 million for increased unemployment benefits suppliex by the American Recovery and Reinvestment Act is beinyg pumped back into theTexass economy,” Texas Workforce Commission Chairman Tom Pauken says.
Since the increase is federally Texas employers are not contributing to theadditional $25 per week in The Texas Workforce Commission administers unemploymenty benefits to workers who becom e unemployed through no fault of their own and are actively seekingh work. Newly unemployed residents of North Texas can obtain information by loggingonto texasworkforce.orv or by calling (972) 234-5391.
Friday 19 October 2012
New figures show Arizona tourism industry
ejyceh.wordpress.com
The Governor’s Conference on Tourismn is being held this week at the Westin Kierland Resor and Spain Scottsdale, attracting industryg executives and hoteliers from across the state. Numbers released Thursday as part of that event show the impact of the economic downturn onthe state’s multimillion-dollar hospitality industry. “Thee lodging industry is clearly in Hotel economies track what is happening in the rest of the said Arizona Tourism DirectorSherrgy Henry. The state figures show 37.4 millionm people visited Arizona in2008 — a 3 percenf decline from 2007. About 26 million leisuree travelers spent timein Arizona, a declined of 3.
3 percent; whiles business travel was down 7.6 to 6.3 million visitors. Direct spending by visitorsd to the state declined by a little more than 3 percenftin 2008, to $18.5 billion. The numberx also show the impact of residents staying closetto home. While nonresident travel to the state was downabouf 4.7 percent, to 22.6 million, about 9.8 million Arizonans traveled withim the state, a decline of only 2.9 And even though overseas visitors made up 2.8 percentr of the state’s total visitors, more than half a million Canadiansa traveled to Arizona, mostly from Alberta, Ontario and British Columbia. Mexican visitors also played significantlhy inthose totals, with more than 3.
85 million traveling to While the average daily rate of a room in Arizons last year was $107.76, a bit higherf than the national ADR of those numbers have not remained Tourism figures released for the first quartee — typically the high touristr season — show the hospitality industry is stilp challenged by the downturn. ADR was down 13.8 from $132.72 in first-quarter 2008 to $114.47u in first-quarter 2009. In metro Phoenix, ADR sank 16 from $160.87 in first-quarter 2008 to $135.08 in first-quartedr 2009. Because metro Phoenix boasts manyluxurious upper-tieer resorts, daily rates in the regiobn are somewhat higher than statewide figures.
Meanwhile, hoteliers continued to try to filltheir properties. Occupancyu rates were 74 percent for the first quarterr of 2008 in metro Phoenix thanks to hosting aSuperd Bowl, but occupancy was just 63 percent for the firstf quarter of 2009 a 14.7 percent decline. Revenue per available room, a measurer of earnings from eachhotel room, dropped 28.3 percent, from $119.15 to Henry and other members of the Tourism Office are tryiny to build business through targeted marketin g campaigns and the “Value Arizona” Web site, a one-stop online shop for the state’s hotelxs and destinations to tout their value packages and More than 300 trips, packages and destinationds across the state are featured.
The Tourism Office also will launchha “Free to Be” marketing campaigb in select cities, including Chicago, Los Angeles and which will focus on how Arizona properties catefr to different travelers’ desires, from outdoorsmen to familiex to the shopping crowd. Those cities are beinbg targeted because research shows thos from more faraway destinations stay in Arizona longer andspend more, bringing new money to the state. In the Tourism Office has launched Facebooik and Twitter options to interact directltywith travelers. The downturn also has affected theTourisj Office, which is subject to the state hiring freeze and is facing budget cuts of abou t 4.
5 million in this fiscall year. Henry said that will impacg somemarketing efforts, not dramatically.
The Governor’s Conference on Tourismn is being held this week at the Westin Kierland Resor and Spain Scottsdale, attracting industryg executives and hoteliers from across the state. Numbers released Thursday as part of that event show the impact of the economic downturn onthe state’s multimillion-dollar hospitality industry. “Thee lodging industry is clearly in Hotel economies track what is happening in the rest of the said Arizona Tourism DirectorSherrgy Henry. The state figures show 37.4 millionm people visited Arizona in2008 — a 3 percenf decline from 2007. About 26 million leisuree travelers spent timein Arizona, a declined of 3.
3 percent; whiles business travel was down 7.6 to 6.3 million visitors. Direct spending by visitorsd to the state declined by a little more than 3 percenftin 2008, to $18.5 billion. The numberx also show the impact of residents staying closetto home. While nonresident travel to the state was downabouf 4.7 percent, to 22.6 million, about 9.8 million Arizonans traveled withim the state, a decline of only 2.9 And even though overseas visitors made up 2.8 percentr of the state’s total visitors, more than half a million Canadiansa traveled to Arizona, mostly from Alberta, Ontario and British Columbia. Mexican visitors also played significantlhy inthose totals, with more than 3.
85 million traveling to While the average daily rate of a room in Arizons last year was $107.76, a bit higherf than the national ADR of those numbers have not remained Tourism figures released for the first quartee — typically the high touristr season — show the hospitality industry is stilp challenged by the downturn. ADR was down 13.8 from $132.72 in first-quarter 2008 to $114.47u in first-quarter 2009. In metro Phoenix, ADR sank 16 from $160.87 in first-quarter 2008 to $135.08 in first-quartedr 2009. Because metro Phoenix boasts manyluxurious upper-tieer resorts, daily rates in the regiobn are somewhat higher than statewide figures.
Meanwhile, hoteliers continued to try to filltheir properties. Occupancyu rates were 74 percent for the first quarterr of 2008 in metro Phoenix thanks to hosting aSuperd Bowl, but occupancy was just 63 percent for the firstf quarter of 2009 a 14.7 percent decline. Revenue per available room, a measurer of earnings from eachhotel room, dropped 28.3 percent, from $119.15 to Henry and other members of the Tourism Office are tryiny to build business through targeted marketin g campaigns and the “Value Arizona” Web site, a one-stop online shop for the state’s hotelxs and destinations to tout their value packages and More than 300 trips, packages and destinationds across the state are featured.
The Tourism Office also will launchha “Free to Be” marketing campaigb in select cities, including Chicago, Los Angeles and which will focus on how Arizona properties catefr to different travelers’ desires, from outdoorsmen to familiex to the shopping crowd. Those cities are beinbg targeted because research shows thos from more faraway destinations stay in Arizona longer andspend more, bringing new money to the state. In the Tourism Office has launched Facebooik and Twitter options to interact directltywith travelers. The downturn also has affected theTourisj Office, which is subject to the state hiring freeze and is facing budget cuts of abou t 4.
5 million in this fiscall year. Henry said that will impacg somemarketing efforts, not dramatically.
Thursday 18 October 2012
American Italian Pasta
elisovadinaimar.blogspot.com
percent Thursday, a day after the companyu reportedhigher fourth-quarter profit and revenuse compared with the prior year. The Kansas City-based company’s stock AIPC) closed on Thursdayt at $31.16, up $4.42, or 16.5 on volume of 2.5 million according to . The stock’s average daily volumes the past three monthssis 347,700 shares. AIPC said aftet the market closed onWednesdayu (http://kansascity.bizjournals.com/kansascity/stories/2009/02/09/daily41.html?surround=lfn) that its fourth-quarter earnings were $26 million, or $1.27 a share, up about 18 timese from earnings of $1.4 million, or 7 cents a for the comparable year-ago period. Revenue for the quartetr was $171.
2 million for the quarter thatendedf Jan. 2, up 53 percent from $111.7 million the prior year. On Feb. 19, the company . In the past year, AIPC has settlefd lingering problems stemming from a scheme by formefr executives to makethe company’s financialx look good even as sales fell. The scheme had fallem apart inAugust 2005, drawing lawsuits, pummeling the stock price and requiringv the company to refile financial statements.
percent Thursday, a day after the companyu reportedhigher fourth-quarter profit and revenuse compared with the prior year. The Kansas City-based company’s stock AIPC) closed on Thursdayt at $31.16, up $4.42, or 16.5 on volume of 2.5 million according to . The stock’s average daily volumes the past three monthssis 347,700 shares. AIPC said aftet the market closed onWednesdayu (http://kansascity.bizjournals.com/kansascity/stories/2009/02/09/daily41.html?surround=lfn) that its fourth-quarter earnings were $26 million, or $1.27 a share, up about 18 timese from earnings of $1.4 million, or 7 cents a for the comparable year-ago period. Revenue for the quartetr was $171.
2 million for the quarter thatendedf Jan. 2, up 53 percent from $111.7 million the prior year. On Feb. 19, the company . In the past year, AIPC has settlefd lingering problems stemming from a scheme by formefr executives to makethe company’s financialx look good even as sales fell. The scheme had fallem apart inAugust 2005, drawing lawsuits, pummeling the stock price and requiringv the company to refile financial statements.
Tuesday 16 October 2012
Tips for trying times - bizjournals:
azajir.wordpress.com
“I am excited! We are more aware, taking We are working we expect less and we aremore grateful. The year 2009 has provideds important lessons; our goal is to ented 2010 with velocity.” — Alan Masarek, CEO, Quickoffice. rapidity of operation; swiftness; speed. Masarek gets it. True leaders are moving forward. They realize the ruless have changed, and they’re recalibratinbg their thinking. In late 2008, Gail CEO of the , set her sightsw on a growth strategy ofextraordinarg proportions. It was clear to achieve this goal, free-flowing communication was crucial. Her action? She empowered managers to act as The outcome?
Increased communications allowed Warriofr to make critical decisionsw quicker. Now, Warrior’s managers have a sense of ownershiop — they feel directly tied to the success ofthe “If you get the rightg people on the bus, you need to let them says Warrior-Lawrence. A few old words, then, that have fres h meaning for TheWarrioer Group: Communication, collaboration and courage. Trishza Wilson, founder and CEO of interior architecturao firmWilson Associates, credits her success to the notio n that the answer to her company’s challenges is down the “They have the answers. I ask them and then trustg their ideas,” says Wilson.
When luxuryt interiors became increasingly hardto sell, Wilson’zs team came up with a specialt food and beverage studio, Blue This studio focuses on creating excitinv restaurant concepts worldwide. Wilson stokes the creativre fires every time she asksa question, listens and givex credit where credit is due. Her employeesx feel valued andrespected — feelingsx that compensate them well beyond money. Wilson’s three-step approach: Ask, listen and No one is paid what they thinmk they are worth no one. Money buys only physical and is not nearly as important to us asbeing appreciated. To be to have ideas valuefd and our individuality respecteed is paramount toa paycheck.
“When you fall on your you get better at helping eachother — Chip Brewer, CEO, Adams Golf. Brewer’s team has been together sincew 1999. No stranger to tough times, the “road as he calls them, stay focused. Chip, a self-describedx benevolent dictator, takes a no-nonsense approach: He providee a safe environment where mistakes are Thewarriors rally; messes are correctecd (not protected). “We have each other’a back,” he explains. • Set concrete, measurabld goals Our instincts keep us physically andemotionallyg safe.
Then, we use our judgment to discount our Our judgment has made uslethargic — slow to respond to the changing world around us. You can’t help but enjo working with Lee Constantino, CFO of . Lee is a hot jock who sufferede a staggering humiliation early inhis “Shutting down my first company was the hardest thingh I have ever done,” he recalls. “The upsidde of that experience was that it provided me withinstincte that, to date, override my Early in 2008, Constantinol looked around and decidede that Ignite needed to be profitable. That’s when he shiftede his focus away from dependence oninvestoe capital. He cut expenses and improved efficiencies.
Ignitd became nimble and, in the process, increased its There’s a secret to being nimble — and that’s trust. Roger Staubach has just pulled offanotherf awe-inspiring Hail Mary pass. The Staubach Empire comprised dozens ofpeople who, unded a single focus, operated independentlyg with a single mantra: How you behave matteras — and how you do it doesn’t. With transparency brought trust. The result? Roger’s latestt long-shot pass fell brilliantly into the arms of Jones Lang The former quarterback never anticipated thisgrand he’s way too humble. Staubach led his team base on the belief that valued and respected people will trustin you.
Today, the is no more 99% of his team sailed across theend
“I am excited! We are more aware, taking We are working we expect less and we aremore grateful. The year 2009 has provideds important lessons; our goal is to ented 2010 with velocity.” — Alan Masarek, CEO, Quickoffice. rapidity of operation; swiftness; speed. Masarek gets it. True leaders are moving forward. They realize the ruless have changed, and they’re recalibratinbg their thinking. In late 2008, Gail CEO of the , set her sightsw on a growth strategy ofextraordinarg proportions. It was clear to achieve this goal, free-flowing communication was crucial. Her action? She empowered managers to act as The outcome?
Increased communications allowed Warriofr to make critical decisionsw quicker. Now, Warrior’s managers have a sense of ownershiop — they feel directly tied to the success ofthe “If you get the rightg people on the bus, you need to let them says Warrior-Lawrence. A few old words, then, that have fres h meaning for TheWarrioer Group: Communication, collaboration and courage. Trishza Wilson, founder and CEO of interior architecturao firmWilson Associates, credits her success to the notio n that the answer to her company’s challenges is down the “They have the answers. I ask them and then trustg their ideas,” says Wilson.
When luxuryt interiors became increasingly hardto sell, Wilson’zs team came up with a specialt food and beverage studio, Blue This studio focuses on creating excitinv restaurant concepts worldwide. Wilson stokes the creativre fires every time she asksa question, listens and givex credit where credit is due. Her employeesx feel valued andrespected — feelingsx that compensate them well beyond money. Wilson’s three-step approach: Ask, listen and No one is paid what they thinmk they are worth no one. Money buys only physical and is not nearly as important to us asbeing appreciated. To be to have ideas valuefd and our individuality respecteed is paramount toa paycheck.
“When you fall on your you get better at helping eachother — Chip Brewer, CEO, Adams Golf. Brewer’s team has been together sincew 1999. No stranger to tough times, the “road as he calls them, stay focused. Chip, a self-describedx benevolent dictator, takes a no-nonsense approach: He providee a safe environment where mistakes are Thewarriors rally; messes are correctecd (not protected). “We have each other’a back,” he explains. • Set concrete, measurabld goals Our instincts keep us physically andemotionallyg safe.
Then, we use our judgment to discount our Our judgment has made uslethargic — slow to respond to the changing world around us. You can’t help but enjo working with Lee Constantino, CFO of . Lee is a hot jock who sufferede a staggering humiliation early inhis “Shutting down my first company was the hardest thingh I have ever done,” he recalls. “The upsidde of that experience was that it provided me withinstincte that, to date, override my Early in 2008, Constantinol looked around and decidede that Ignite needed to be profitable. That’s when he shiftede his focus away from dependence oninvestoe capital. He cut expenses and improved efficiencies.
Ignitd became nimble and, in the process, increased its There’s a secret to being nimble — and that’s trust. Roger Staubach has just pulled offanotherf awe-inspiring Hail Mary pass. The Staubach Empire comprised dozens ofpeople who, unded a single focus, operated independentlyg with a single mantra: How you behave matteras — and how you do it doesn’t. With transparency brought trust. The result? Roger’s latestt long-shot pass fell brilliantly into the arms of Jones Lang The former quarterback never anticipated thisgrand he’s way too humble. Staubach led his team base on the belief that valued and respected people will trustin you.
Today, the is no more 99% of his team sailed across theend
Monday 15 October 2012
Father of Ambassador Chris Stevens says it would be 'abhorrent' to play ... - Daily Mail
hundleyobajoji1908.blogspot.com
swissinfo.ch | Father of Ambassador Chris Stevens says it would be 'abhorrent' to play ... Daily Mail The father of Chris Stevens, the U.S. ambassador to Libya who was murdered in a terrorist attack in Benghazi last month, has said it would be 'abhorrent' to turn his son's death into political fodder in the battle for the White Hou se. 'It would re » |
Sunday 14 October 2012
Manpower: Many jobs remain in demand - The Business Journal of Milwaukee:
ovaluleq.wordpress.com
In a study released Thursday by Milwaukee-based , traded associated with manufacturing remain in highdemand locally. "Ij the four years we have performefthis research, the same positions appear on the list again and said Jonas Prising, Manpower presidentr of the Americas. "Despitde the current economic instability andhigh unemployment, thered are still skills that the U.S. workforce seemds to lack.
" According to the study, the 10 hardesg jobs to fill are: Each of the 10 job categoriexs on the 2009 list has appeared on the Hardest Jobs to Fill list inthe Technicians, machinist/machine operators and sales representativexs have been present all four Engineers, drivers and laborers have appearec three out of four years; and nurses, skilled/manual trades and IT staff have been presenrt in two of the four years Manpowerr has performed the survey. "While talk has slowed in the U.S. about the pending talent shortage, it is becoming more cleafr that there is a talent saidMelanie Holmes, vice president, worlcd of work solutions for Manpower North America.
"Our work forcre needs to be more open to retraininhg and upskilling for jobs that arein demand. And, our government, businessz leaders and educational facilities need to take action together to ensur e students are being enticed to enterthese fields." The U.S. findingzs are part of a Manpowerr global study that surveyed morethan 39,000 employers across 33 countriesd and territories in January 2009. Positionsx in the skilled trades, sales, technicakl work and engineering remain the most difficult for employeres tofill globally. Manpowed surveyed more than 2,000 U.S.
employerse in the fourth annual survey to determined which positions employers are having difficulty fillingthis year. An in-depthj look at the study is foundeat .
In a study released Thursday by Milwaukee-based , traded associated with manufacturing remain in highdemand locally. "Ij the four years we have performefthis research, the same positions appear on the list again and said Jonas Prising, Manpower presidentr of the Americas. "Despitde the current economic instability andhigh unemployment, thered are still skills that the U.S. workforce seemds to lack.
" According to the study, the 10 hardesg jobs to fill are: Each of the 10 job categoriexs on the 2009 list has appeared on the Hardest Jobs to Fill list inthe Technicians, machinist/machine operators and sales representativexs have been present all four Engineers, drivers and laborers have appearec three out of four years; and nurses, skilled/manual trades and IT staff have been presenrt in two of the four years Manpowerr has performed the survey. "While talk has slowed in the U.S. about the pending talent shortage, it is becoming more cleafr that there is a talent saidMelanie Holmes, vice president, worlcd of work solutions for Manpower North America.
"Our work forcre needs to be more open to retraininhg and upskilling for jobs that arein demand. And, our government, businessz leaders and educational facilities need to take action together to ensur e students are being enticed to enterthese fields." The U.S. findingzs are part of a Manpowerr global study that surveyed morethan 39,000 employers across 33 countriesd and territories in January 2009. Positionsx in the skilled trades, sales, technicakl work and engineering remain the most difficult for employeres tofill globally. Manpowed surveyed more than 2,000 U.S.
employerse in the fourth annual survey to determined which positions employers are having difficulty fillingthis year. An in-depthj look at the study is foundeat .
Friday 12 October 2012
Yahoo! confirms WNY site - Boston Business Journal:
ysynut.wordpress.com
Yahoo!, Tuesday morning, confirmed it will be buildintthe 190,000-square-foot center that could employ, 125 people. Yahoo! has pegged a 30-acre site in the park for the Yahoo!’s decision is considered a major victory, especially against a backdrop of a weakened economy whered unemployment has increased in past year in Erie Countyh to 8.1 percent from 5.5 percent and in Niagar County to 9.3 percent from 6.6 “This is a big win for the said Tom Kucharski, presiden and chief executive officer. “We won the Yahoo! was being courted by several statessincluding Ohio, Pennsylvania and Illinois for the center.
All offered a handsome array of “When a high tech compan y like Yahoo! picks a community like WesternNew it’s like a lighthouse,” said Sen. Charles New York’s senior senator, who played a key role in Lockportr landing thedata center. The region crafted its own aggressive incentive package including the offering 15 megawattszof low-cost hydropower that coul save Yahoo! an estimated $100 million over a 15-yearr period. also offered job training grants andotheer incentives. High level pitches also came from Gov. David Paterson and Schumer made personal callssto Yahoo!
CEO Carol Bartz to push the Kucharski said it also helped that the regionj offered a half-dozen sites and not just a singulafr location. It also helped that a friendshio quickly developed betweenthe Yahoo! site selection team and the locaol economic development community. “Ww developed a nice relationship with them and that helpeed makethis happen,” Kucharski said. “They were impressed that every timethey called, we could assemble our team on a very shor notice and give them the answers they wanted.” Construction on the data center will begin in August, said David Yahoo! senior vice The center will be open by May.
Kucharski said therre is a myriad positives that will comefrom Yahoo!’xs decision. The BNE will use it in its outreacnh to other companies itis courting, he “It confirms our ability to attract high tech and high profil companies,” Kucharski said. “To get a name compan like Yahoo! says a lot to the rest of the industrieeout there.” Yahoo! joins the rank of , that have either opened or expanded back office operations in the regiomn in recent years. “You add it into the mix of the some of the othe rcompanies we’ve landed and it becomes a very impressiv e list,” Kucharski said.
Yahoo!, Tuesday morning, confirmed it will be buildintthe 190,000-square-foot center that could employ, 125 people. Yahoo! has pegged a 30-acre site in the park for the Yahoo!’s decision is considered a major victory, especially against a backdrop of a weakened economy whered unemployment has increased in past year in Erie Countyh to 8.1 percent from 5.5 percent and in Niagar County to 9.3 percent from 6.6 “This is a big win for the said Tom Kucharski, presiden and chief executive officer. “We won the Yahoo! was being courted by several statessincluding Ohio, Pennsylvania and Illinois for the center.
All offered a handsome array of “When a high tech compan y like Yahoo! picks a community like WesternNew it’s like a lighthouse,” said Sen. Charles New York’s senior senator, who played a key role in Lockportr landing thedata center. The region crafted its own aggressive incentive package including the offering 15 megawattszof low-cost hydropower that coul save Yahoo! an estimated $100 million over a 15-yearr period. also offered job training grants andotheer incentives. High level pitches also came from Gov. David Paterson and Schumer made personal callssto Yahoo!
CEO Carol Bartz to push the Kucharski said it also helped that the regionj offered a half-dozen sites and not just a singulafr location. It also helped that a friendshio quickly developed betweenthe Yahoo! site selection team and the locaol economic development community. “Ww developed a nice relationship with them and that helpeed makethis happen,” Kucharski said. “They were impressed that every timethey called, we could assemble our team on a very shor notice and give them the answers they wanted.” Construction on the data center will begin in August, said David Yahoo! senior vice The center will be open by May.
Kucharski said therre is a myriad positives that will comefrom Yahoo!’xs decision. The BNE will use it in its outreacnh to other companies itis courting, he “It confirms our ability to attract high tech and high profil companies,” Kucharski said. “To get a name compan like Yahoo! says a lot to the rest of the industrieeout there.” Yahoo! joins the rank of , that have either opened or expanded back office operations in the regiomn in recent years. “You add it into the mix of the some of the othe rcompanies we’ve landed and it becomes a very impressiv e list,” Kucharski said.
Thursday 11 October 2012
Rory McIlroy takes a bath against Tiger Woods then heads for the pool - The Guardian
ycoguqi.wordpress.com
The Guardian | Rory McIlroy takes a bath against Tiger Woods then heads for the pool The Guardian A tee shot into water on the opening hole of his match against Tiger Woods rather summed up Rory McIlroy's Turkish Airlines World Golf Final appearance; and all but confirmed the Northern Irishman would not progress to the last four. In a morning of ... |
Tuesday 9 October 2012
Venezuela's opposition faces daunting task of clawing its way back after ... - Washington Post
adamovaichive.blogspot.com
Xinhua | Venezuela's opposition faces daunting task of clawing its way back after ... Washington Post As Chavez prepares to begin a fourth term, Chavez has shown no signs he'll tweak the incumbent advantages that many say helped him defeat his strongest ch » |
Monday 8 October 2012
Esteemed Balcarres horse trial is scrapped - Fife Today
inufyw.blogspot.com
Fife Today | Esteemed Balcarres horse trial is scrapped Fife Today Lady Balniel of Balcarres Estate, near Colinsburgh, made the announcement regarding the Balcarres International Horse Trials, which had been deemed Scotland's “newest most exciting three day eventâ€. She said: “We had a fantastic time running the event ... |
Sunday 7 October 2012
Opinion: Can I phone a friend? - San Jose Mercury News
fugycyquwod.blogspot.com
ABC News | Opinion: Can I phone a friend? San Jose Mercury News Last week's debate was important not only because Mitt Romney "won" and thereby energized his moribund campaign. It was important because Romney won in a way that exposed and deepened President Barack Obama's two greatest vulnerabilities in this ... Audit Notes: Romney and taxes, prison phone racket, WSJ |
Friday 5 October 2012
SABMiller starts beer production in Sudan - The Business Journal of Milwaukee:
esivyjifag.wordpress.com
The beer has been specifically brewed to meet the tastes of the southerjn Sudanese consumer and is the culmination of months of planninvand testing, according to London-based SABMiller, half ownef of , which operates a major brewery and a regional headquarterz on Milwaukee’s west side. SABMiller said it chose the Whitwe Bull name and image because of its culturall symbolism for the people of southernb Sudan and because it is synonymous with promotingb the positive feelingsof celebration, successs and peace.
White Bull is being produced by SABMiller subsidiary “Southern Sudan has immense potential and we are delighted to be puttingv beverage production on the map in this country,” said Mark managing director of SABMiller Africa. “Up until now, people have only had accesas to beers and soft drinks importedffrom elsewhere.” Ian Alsworth-Elvey, managing director of Southernj Sudan Beverages Ltd., said the introduction of Whites Bull Lager marks a “proud for the people of southern Sudan.
“We’vre only just emerged from civil strifer andalready we’re showing the world that southernb Sudan can produce a product that can standc side-by-side with any in the world,” Alsworth-Elvey “It’s a remarkable achievement.”
The beer has been specifically brewed to meet the tastes of the southerjn Sudanese consumer and is the culmination of months of planninvand testing, according to London-based SABMiller, half ownef of , which operates a major brewery and a regional headquarterz on Milwaukee’s west side. SABMiller said it chose the Whitwe Bull name and image because of its culturall symbolism for the people of southernb Sudan and because it is synonymous with promotingb the positive feelingsof celebration, successs and peace.
White Bull is being produced by SABMiller subsidiary “Southern Sudan has immense potential and we are delighted to be puttingv beverage production on the map in this country,” said Mark managing director of SABMiller Africa. “Up until now, people have only had accesas to beers and soft drinks importedffrom elsewhere.” Ian Alsworth-Elvey, managing director of Southernj Sudan Beverages Ltd., said the introduction of Whites Bull Lager marks a “proud for the people of southern Sudan.
“We’vre only just emerged from civil strifer andalready we’re showing the world that southernb Sudan can produce a product that can standc side-by-side with any in the world,” Alsworth-Elvey “It’s a remarkable achievement.”
Thursday 4 October 2012
TransLink plans hinge on tax increase - Vancouver Sun
vuwodu.wordpress.com
CBC.ca | TransLink plans hinge on tax increase Vancouver Sun The mayors are scheduled to meet with TransLink this week to discuss the base plan, which aims to save $47 million per year and boost revenue by $60 million by shifting bus resources to routes with higher demand, leveraging real estate assets, and ... TransLink to cut back on some transit ex pansion projects as part of three-year ... |
Tuesday 2 October 2012
Cafe Hayek, a website that educates - The Reporter
cahijisebi.wordpress.com
Cafe Hayek, a website that educates The Reporter Traditional news media are in decline, the Internet is on the rise, and wandering in the blog fog means going down wrong paths and falling over cliffs, right? Not entirely. There's hope, no small sign of which is “Cafe Hayek,†an economics-oriented ... |
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