Thursday 31 May 2012

Sensex tanks over 1.5% post Q4 GDP shocker; bloodbath seen - Moneycontrol.com

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Moneycontrol.com


Sensex tanks over 1.5% post Q4 GDP shocker; bloodbath seen

Moneycontrol.com


The BSE Sensex and NSE Nifty fell over 1.5% a piece after Q4 GDP slumped to an unprecedented 5.3%, a number most polls and economist failed to foresee. Both the indices are headed for their biggest monthly loss since November 2011.



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Wednesday 30 May 2012

Cambridge Associates to Develop Asian Private Equity and Venture Capital ... - MarketWatch (press release)

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Cambridge Associates to Develop Asian Private Equity and Venture Capital ...

MarketWatch (press release)


SINGAPORE and HONG KONG, May 30, 2012 (MARKETWIRE via COMTEX) -- The Hong Kong Venture Capital and Private Equity Association (HKVCA) is partnering with Cambridge Associates to provide extensive, independent Asian private equity (PE) and venture ...



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Monday 28 May 2012

Eco Academy plants seeds for home efficiency vocation - Kansas City Business Journal:

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Then the stock market tanked in And againin October. And in November. By the time his wife foune the advertisement for theon CraigsList, he had run out of severancwe money and health insurance, and no one was “I have four kids, so it was a prettyg frightening time,” recalled Clark, 44, a Havertown “It’s been a very tough job market. I had threes interviews in six months. It’s very tough.” The advertisement was for a new traininh program that promises to give people with no environmental background new careersas self-employed home efficiench consultants — all for less than $1,000 and in unde one month. The academy is an offshootf of GreenandSave.
com, a home remodelintg resource created in 2006 by local green consultant Charlie Szoradi built the site aftedr he and his wife transformed their 1950s home in Wayne into a highlyt efficientgreen prototype. With what he learned from that hecreated return-on-investment tables to share with other Some of them wanted him to personally audit their and he soon found himselff in demand. Too much in “It felt like when gas turnerd to $4 a gallon the sun rose up overthe horizon,” Szoradik said. “All of a sudden from last summere through October it became obvious thatthis wasn’t anothe green lift but a game changer.
” Szoradi realized he coul help the environment, job seekers, real estate and GreenandSaves all at once. “Every dollar saveds [in energy efficiency] creates a $20 lift in the appreciatiohn ofa home,” he told a recenf class in April. “The byproduct of creatingb a new job and new career is higher home Training consists ofa two-day layperson’s course and practicw home checkups. Student-consultants collect data at clients’ homesz using a checklist provided by then plug the data into a softwar program Szoradi created that providesa return-on-investmentg formula for each greehn upgrade. The software then spits out a handy reporty forthe homeowner.
Thinking about buying Energ Star appliances? The reporft shows you how muchfaster you’ll make your moneuy back by switching to compactt fluorescent lights instead. GreenandSave collects leads that it gives to taking a 5percent finder’s fee off the $395 cost of a home checkl up. The software is free. Most of the additional equipmentt a consultant might need is just a couple ofhundrefd dollars. Consultants can borrow additional, high-end equipment from GreenandSave.
Abou t 100 people have been through the courses since they began in The first three months of training sold out to an eclecticx group ofall ages, races and walks of attracting people from as far away as John Krulewski traveled from New York for a recenyt class in April. The 52-year-old former Wall Stree t trader listed mortgage derivatives for a major investmenrt bank before he was laid off with thousandss of others late last Now Krulewski is starting a solar panel busineses in New Jersey and he thinks Eco Academy can give him a leg up in thegreen “This gives me some cash incomre now, plus I learn something new while I work on other businesses,” he said.
Renee Todd, 32, came to the clasa with three classmatesfrom . All are lookin to fast-track into meaningful jobs. Todd said the class exceedee her expectations. “With the economy the way it is and peoplse needing to save money this is importangt for everyoneto know,” she said. A younbg mother who was unhappy with her secretarial job saw this as a way to spencd more time with her Szoradi gave her some ideaes for generating leads and told her how GreenandSavecoulrd assist.

Sunday 27 May 2012

Times' retirement plan hit by $154M loss - Los Angeles Business from bizjournals:

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Net assets of the plan for the Times, whichy owns the Globe and T&G, fell to $417.78 million. The plan was particularluy hard hit bysome $171.5 million in losses withinj several mutual funds. For example, the plan’a largest holding, the Vanguardf 500 Index Investment fund, sufferexd a nearly 40 percent loss in Another fund inthe Times’ portfolio, the Vanguare Asset Allocation Investment fund, dropped nearluy 32 percent year-over-year. Only one of its major fund holdings, the Dodgew & Cox Income posted a positive returnin 2008. Investmentas in fixed income and insuranc e assetsgenerated $5.3 million in income. Dividendc income of $11.6 million also helped offsetr losses.
Interest income from the company’s borrowingt from its retirement fundtotaled $594,000. The Times has traditionally matched a fraction ofGlobew employees’ contributions to their accounts, however a proposal in frongt of leadership would eliminate the program.

Friday 25 May 2012

Checketts wants to bring JetBlue to Lambert - Denver Business Journal:

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Checketts is a founding memberof JetBlue’sw board of directors. He said he has been makinhg introductions between other JetBlue directorsa and executives and Missouri officials forsome time, even arranging a meetinhg several months ago in New York between JetBlus Chairman Joel Peterson and then-Missouri Gov. Matt Blunt. 53, frequently travels between St. SCP’s base in New York City and Salt Lake where SCP owns the franchise RealSalt Lake. JetBlue is the official airline of the soccerr team and RioTinto Stadium. JetBlude entered into that three-year agreement in Marcyh and will pay the team a totallof $375,000 for the sponsorship.
Checketts personallyt controls morethan 73,000 JetBlue shares wortj about $277,000. “I have a conflict since I have a personalp interest in JetBluecoming here, so I’m just opening doors,” Checketts said. “But I’r love to see them fly here. The airportf has that big runway and the capacitu tohandle them.” JetBlue serves 56 cities with 600 daily flights. New service to Barbados; Kingston, Jamaica; and Saint Lucia begins this fall, subjecty to receipt of governmentyoperating authority.
Like many airlines, however, the companty has experienced turbulence over the past year due to high fuel the recession’s negative impactr on air travel, investment losses and the credit crisis. JetBlue reported a loss of $76 million last year compared to net incomeof $18 million in 2007, accordintg to its annual report. The company expanded its fleet by three Airbux A320s and five Embraer 190slast year. It added only two new destinationain 2008, compared to five added in 2007 and 16 addedx in 2006.
said last week that it from

Wednesday 23 May 2012

Dog bites are "inherently dangerous" to finances - Baltimore Sun (blog)

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New York Times


Dog bites are "inherently dangerous" to finances

Baltimore Sun (blog)


Maryland dog lovers are upset by a ruling in the highest court in the state that says pit bulls are “inherently dangerous,” which means owners and landlords can be liable for the first bite a pit bull makes. But dog bites of  »

Tuesday 22 May 2012

Men Can Still Ask for PSA Test, and Some Should, Doctors Say - U.S. News & World Report

zlatkopaisley1275.blogspot.com


CBS News


Men Can Still Ask for PSA Test, and Some Should, Doctors Say

U.S. News & World Report


By Maureen Salamon TUESDAY, May 22 (HealthDay News) -- Although a US advisory panel no longer recommends that men routinely undergo prostate cancer screening with a PSA blood test, men should ask their doctors for the exam if they're uncomfortable ...


Health experts: Routine PSA tests for prostate cancer not good for health

CBS News


Final word: Expert panel rejects routine PSA tests for men

msnbc.com


PSA test for prostate cancer should be dropped, task force says

Sacramento Bee


San Francisco Chronicle -89.3 KPCC -The Seattle Times


 »

Sunday 20 May 2012

Connecticut Sun's Kara Lawson to donate $50 for every 3-pointer to Pat Summitt ... - Washington Post

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USA TODAY


Connecticut Sun's Kara Lawson to donate $50 for every 3-pointer to Pat Summitt ...

Washington Post


Former Tennessee star Kara Lawson and the WNBA's Connecticuct Sun will donate $100 to the Pat Summitt Foundation for every 3-pointer Lawson hits this season. The 59-year-old Summitt announced her retirement from Tennessee in April, eight months aft er ...


Kara Lawson to help ex-coach

ESPN


Lawson brings Tennessee, Connecticut together for Summitt

USA TODAY



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Saturday 19 May 2012

Wachovia, A.G. Edwards merger will put firm at top of Wichita brokerage list - Atlanta Business Chronicle:

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's $6.9 billion acquisition last yearof St. Louis-base gives the combined financial planning firm 46 Series 7 registered securities brokerszin Wichita, according to the Wichitas Business Journal's list of securitieds firms, on page 13. But the companies slowluy are merging their functionsand don'tf expect totally to be combined and rebrande until 2009. So they appear separatelt in the WBJ's list. Together, they would have been No. 1. The top firm remaines , which reports 40 Serieds 7 brokers. "I figured they'd be No. 1 with theirr merger," says Edward Jones' Kevin Lewis, who leadsw the firm in the Wichita area.
"oI think the environment in general -- regardless of Wachoviq and A.G. Edwards -- has continued to get more A.G. Edwards employees in Wichita will begin answering phones as Wachovia representativesMarch 1. They'l l combine their payroll and employee benefitas onJuly 1. And they'll completew their final back officr consolidation inFebruary 2009. "We're brotherd now, just not under the same roof," says Mark a Wichita manager for Wachovia, which leasea space at the Premier Office Buildingb near 37th Street North andRock A.G. Edwards owns its building at 300 S.
The two firms likely will keep both offices in part because neither facility could housre theentire firm, Douglas this year reported having 33 Series 7 financial advisors, makinhg it the No. 2 firm on the Wachovia Securities was 11th with 13registered brokers. "It creates a lot more visibilitt forthe brand, which in turn helps all the advisorsw as they try to gain new Douglas says. Competitors are watching the changingh dynamic. "They have now, by far, more client-faciny advisors than anyone else saysChris Watkins, at , whichg has 19 Series 7 advisors. UBS was seventhy on this year's list, reporting 12 fewer brokersw thanlast year.
But Watkins says the firm this year onlyreporteed client-facing advisors rather than all of its Seriex 7 staff, some in suppor t roles. moved from 11th to sixth durint thepast year, adding seven brokersa at its bank branches. They recruit business from bank customers. "That model's worked well for us," says Rod Pitts, executivre vice president for . Lewis, at Edward says his firm won'tg easily give up the No. 1 spot, which he says is "important from a brand recognition and marketpresence standpoint." The firm plands to add four advisor s this year in the Wichita metro, he says. A.G. Edwarde & Sons Inc. Address: 300 S. Wichita, Kan., 67202.
Phone: (316) 267-0300. Top Wichita Roger Buller. Address: 8300 E. Thorjn Dr., Suite 250, Wichita, Kan., 67226. Phone: (800) Top Wichita executive: Mark

Thursday 17 May 2012

Group of boutique urban wineries starts San Francisco Wine Association - San Francisco Business Times:

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Currently, all 16 use the custonm wine-making facility in San Francisco to producetheifr wines, according to John president of the new and the ownefr (with his wife Sharol) of , one of the He said Damian Rae’s wines (the name derives from the two middle names) already are sold in venuesd such as the , the Draeger’s Supermarkets’ store in a posh East Bay suburb, and Forbes Mill Steakhouse restaurantx in Los Gatos and Danville.
Crushpad customerx typically paybetween $5,000 to $9,600 per barrelk to make their own and obviously some of them are goinbg professional, “California’s newest wine country is San Tarabini said, arguing that the city -- alreadt a major player in the realm of wine drinking -- is takinh the lead in the urban winemakinhg movement, “and wine enthusiasts everywhere will discover that our offeringz are equal to the best winex from the more famous wine regions.” Of the grapes used to make thosse San Francisco wines generally hail from more-winegrape friendly such as Napa, Sonoma, Oregon and Washington not the foggy shores of the city.
Tarabin i said the 16 association membersare small, independenrt operations, usually family run, that typically produce between 50 casezs and 500 cases of wine annually. Some ownerse have other, full-time “day” and some live outside of San Francisco. The consortium’d wines are sold via its web www.sfwineassociation.com. The association’s charter members include , , , Damian Rae Winery, , , , , , , , , , , , and .

Wednesday 16 May 2012

2009 WNY middle school rankings - Minneapolis / St. Paul Business Journal:

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Profiles of the top 25 schools can be reachedc by clicking on the names of thosseschools below. A breakdownj of the rankings for each section of Western New York can be accesse dby . The following abbreviations havebeen CS-Charter School, EMS-Elementary-Middle School, ES-Elementary HS-High School, IS-Intermediate School, JHS-Junior High School, JSHS-Junior-Senio r High School, MHS-Middle-High School, MS-Middle School, PS-Primary SHS-Senior High School, VHS-Vocationak High School. Each school is followed by the name of the districg that operatesit (if it’s a public or the district where it is located (if it’ds a private school). • 1. • 2. • 3. 4. • 5.
• 6. • 7. • 8. • 9. 10. • 11. • 12. • 13. 14. • 15.

Monday 14 May 2012

Winter Park extends Hannibal Square on-street dining for 6 months - Orlando Sentinel

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Winter Park extends Hannibal Square on-street dining for 6 months

Orlando Sentinel


By Anika Myers Palm, Orlando Sentinel Restaurants in the Hannibal Square district of Winter Park can continue offering on-street dining for another six months, city commissioners decided Monday. The city will continue to block the street in front of ...



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Sunday 13 May 2012

Two more leave BofA board - Nashville Business Journal:

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According to a filing with the Securitiesd andExchange Commission, Prueher and Frank didn’ t resign because of any disagreement with the Jackie Ward and Patricia Mitchellk resigned early this month. Mitchellp is a former New York televisionn executive and currently serves as chieft executive of the Paley Centerfor Media, a New York Ward is the retired chiefc executive of Atlanta-based Computer Generatioj Inc., a software company. Robert a former Lowe’s Cos. Inc. (NYSE:LOW) chiefv executive, resigned from the BofA board effectivrMay 29. And on May 29, the bank announcesd former lead independentdirector O.
Temple Sloan had left the BofA didn’t disclose Sloan’sw reason for resignation. Sloan had been a BofA directorf for13 years. In early four outside directors were electeedto BofA’s board. They are forme r Federal Reserve GovernorSusan Bies, former Compas s Bancshares Inc. chief executive and chairmaj D. Paul Jones, former Federal Deposigt Insurance Corp. chairman Donald Powell and retires BankOne Corp. and Visa International Inc. executive Williamm Boardman. BofA’s board has been under intenss scrutiny in recent months as the bank suffered through asharp stock-price decline after acquiring Merrill Lynch & Co.
The Charlotte-baserd bank (NYSE:BAC) also has received $45 billionj in taxpayer aid. BofA is the largest bank in rankedby deposits. At the bank’s annual meeting in late shareholders voted to strip Chief Executiv Kenneth Lewis of his position as board Walter Massey was installed as the new chairman and has indicaterd the board needs to be Lewis remainsthe bank’s CEO and

Friday 11 May 2012

Chut Wutty, Slain Cambodian Environmentalist, Honored By Villagers In Koh Kong ... - Huffington Post

moakhamet84.blogspot.com


Jakarta Post


Chut Wutty, Slain Cambodian Environmentalist, Honored By Villagers In Koh Kong ...

Huffington Post


The memorial for Chut Wutty was in Koh Kong province in a forest near where the activist was killed after taking two journalists to look at a logging camp where a Chinese company is building a hydropower project. Chut Wutty's killing on April 26 dre w ...


Koh Kong Court Summons Journalists in Shooting Case

Voice of America


Anti-loggers held back by FA officials

Phnom Penh Post


A man smokes before a commemoration ceremony in Koh Kong province

Reuters AlertNet



 »

Wednesday 9 May 2012

Tinicum and Delco sue Phila. over airport expansion plans - Philadelphia Business Journal:

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The lawsuit, filed in Delawars County, Pa., on Tuesday, seeks a judgment that wouls bar the city from acquiring land in Tinicujm Township for the expansion without first seeking the consent of county and township The lawsuit says that the acquisition of land in the where a portion ofthe city-owned airport is located, woulxd displace 3,300 employees and 80 businesses in Delawaree County and 300 residents in 72 homes in Tinicum The suit also says that tax revenue from the county and Interboro School District wouldr be negatively impacted, as well as air “By asking for this declamatoryy judgment action, we are saying that Philadelphia must negotiatse with the officials of Tinicum and Delawarr County, and consider the residents they when they propose expanding the airport in our said Michael Messina, president of the Tinicun Township Commissioners.
“The FAA and the city can no longe r run roughshod over Tinicum when it comes to airportr operations that have a negative impact onour

Tuesday 8 May 2012

U.S. Chamber economist: Get ready for another recession - Orlando Business Journal:

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Those odds may seem low, but they’re actually high sincer double-dip recessions are rare and the U.S. economhy grows 95 percent of the saidthe chamber’s Marty Regalia. He predictsd the current economic downturnm will endaround September, but the unemployment rate will remain high througjh the first half of next year. Investment won’f snap back as quickly as it usuall y does aftera recession, Regalia said. Inflation, however, looms as a potential problem because of thefederal government’s huge budgett deficits and the massive amount of dollarsw pumped into the economy by the Federal Reserve, he said.
If this stimulus is not unwound once the economgy beginsto recover, higher interest rates couldx choke off improvement in the housing marke and business investment, he said. “The economy has got to be runninvg on its own by the middle ofnext year,” Regaliq said. Almost every major inflationary periodin U.S. history was precededc by heavydebt levels, he noted. The chancew of a double-dip recession will be lower if Ben Bernanker is reappointed chairman of theFederal Reserve, Regalia said.
If Presidentr Barack Obama appoints his economic adviser Larry Summers to chaifrthe Fed, that woulf signal the monetary spigot would remainn open for a longer time, he A coalescing of the Fed and the Obamas administration is “not something the markets want to Regalia said. Obama has declined to say whethef he willreappoint Bernanke, whosse term ends in February. Meanwhile, more than half of smalo business owners expect the recession to last at least anothertwo years, according to a survey of Intuiy Payroll customers. But 61 percent expect their own businesd to grow in the next12 months.
“Smalp business owners are bullish on theirown abilities, but bearish on the factorsw they can’t control,” said Cameron Schmidt, director of marketinfg for Intuit Employee Management Solutions. “Even in the gloomies economy there are opportunitiesto seize.” A separats survey of small business owners by Discover Financial Servicese found that 57 percent thoughft the economy was getting worse, while 26 percent thoughtg the economy was improving. More than half planned to decrease spendinvg on business development in the nextsix months.

Sunday 6 May 2012

Hawaii flu cases close to 300 - Philadelphia Business Journal:

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The Hawaii Department of Health, which now updates its onlins H1N1 counteach Wednesday, said there are now 298 confirmedc cases in Hawaii. There were 98 new case confirmed on Oahu this week for a total of288 cases. Kauai and Maui added a case eachthis week. They each have a totakl of three cases. The Big Island, which has four did not report any new casewsthis week. Most have recovered or are recovering from the The Centers for Disease Control and Prevention said thatmost U.S. casexs have not been severe and are comparable in severityh toseasonal influenza. Hawaii residents with questionz about H1N1 flu cancall 767-5044 ext. 3 between 7 a.m. and 7 p.m.
Mondag through Friday and on weekends from9 a.m. to 5:30 p.m. Or visift www.hawaii.gov/health or the Centers for Diseaser Control and Preventionat www.cdc.gov/swineflu.

Friday 4 May 2012

fixyruw.wordpress.com
But the collaboration will take a tollin SRI’sz backyard. By the end of January, the medicalp supply company will close its PlanfCity facility, which currently assembles surgica l kits containing the disposable medical productxs SRI will get from Cardinal in the Cardinal will manufacture disposable products for SRI exclusively under a five-year agreement that calls for the two firmsz to market and sell “hybrid” surgical containing both reusable gowns, towels and basins from SRI and Cardinal’w disposable drapes, tubing, gauze and instrumentation.
Cardinao (NYSE: CAH), headquartered in Dublin, Ohio, and one of the largesyt health care suppliers in the is a market leader in disposable products but does not have the reusablde productsSRI offers, said Steve Inacker, president and GM of Cardinal’sx presource products and services “Our customers over time were increasinglyt interested in reusables,” said Inacker, citingg a growing concern by healtu care facilities about environmental issues. “Iyt was a natural fit to look for a partnefr that was a market shar e leader on thereusable side.” SRI (Nasdaq: STRC), whicn posted a $3.2 million loss on $94.
2 millioh in revenue last year, also was lookiny for a strong partner, said Gerald Woodard, who was named CEO in Januarh after serving as president of in a subsidiary of CNMD). SRI currently serves hospitals and surgery centerz in19 states. This deal is a chance to extenxthe company’s footprint nationwide, Woodard said. The companyu has 10 plants wheres medical productsare decontaminated, dried and sterilized for re-use and four depotws from which products can be shipped to supplement the processinhg plants’ operations. Woodard expects the Cardinal agreementg will allow SRI to open additional depots to servicewmore customers.
The Plant City facility, which has 40,80 square feet of leased space, is the only SRI facilit that handlesdisposable products. Woodard said the companyu is figuring out how to help the 43 workers who will lose their jobs. A small number might be hiredf atthe company’s Tampa processing facility, he The cost of closing the Plan t City facility is expected to be about $500,00p and will be incurred in the current quarteer and the first quarter of 2009, the companyt said in a filing with the . It will be offsef by a $1.25 million paymeny from Cardinal with some of that money earmarked for marketingh expenses and opening new Cardinal also agreed to buy upto $1.
6 millio of SRI’s disposable productzs inventory, the filing said. Health care facilities consider a varietyg of factors in deciding whetherd to use reusable ordisposable products, includingb financial pressure from Medicare and privated insurers to keep infection rates low, said John Ransom, a healtuh care analyst at in St. Older physicians were reluctant touse disposables, but younger surgeonsx favor them, said Michael Carroll, president of in Tampa. But the lower upfront cost of disposables mighty be outweighed by the higher expenseof waste-haulinyg for biohazardous material, said Mark Wilson, senior associatwe at Euthenics, a medical equipmentt planning firm in St. Petersburg.
“There’s a balancinfg act, accommodating individual physicians’ preference with revenue Carroll said. Group purchasing organizations have been creatingb programs to encourage the use of environmentallypreferrede products, Woodard said, adding that SRI’s customera can save up to 1 million poundd of disposable waste a year. The SRI-Cardinalk partnership will give customersmore choices, Inaker

Thursday 3 May 2012

PICKET: CNN Producer - 'Chinese censors 'blacking out CNN signals' during ... - Washington Times (blog)

bengeyqafiba1640.blogspot.com


Washington Times (blog)


PICKET: CNN Producer - 'Chinese censors 'blacking out CNN signals' during ...

Washington Times (blog)


By Kerry Picket "Chinese censors just began blacking out CNN signals during #ChenGuangcheng coverage- not a good sign." The Chinese activist who walked out of the US Embassy in Beijing on Wednesday after what official s said was a decision he had made ...


CNN chased out of dissident's village

CNN



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Tuesday 1 May 2012

Judge: Sandwich Isles can bid for phone company - San Antonio Business Journal:

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Hawaiian Telcom had opposed the buyouy offer by Sandwich Isles while itmaintainee so-called “exclusivity” to file a reorganization plan througb June 30. Hawaiian Telcom was seeking an extensionuntikl Sept. 30, but that request was denied Wednesdauby U.S. Bankruptcy Judge Lloyd King. King said his decisiom was not a criticism ofHawaiian Telcom’se reorganization plan, filed June 3, nor an endorsemenr of Sandwich Isles, according to Hawaiian Telcom spokesman Bria n Tanner. Tanner said the company stands behind its proposecd plan to reduce theHawaiian Telcom’s debt by nearlyg $790 million, from $1.1 billioh to $300 million.
Honolulu-based Sandwicjh Isles’ competing Chapter 11 reorganization plan for Hawaiian Telcom includes an offer to buy thephonw company’s assets using $250 million in cash and $150 milliohn in debt. Hawaiian Telcom has said it rejectedSandwicj Isles’ offer in May, citing Sandwich lack of committed financing, lack of federalp and state licenses to operatw in urban areas, and lack of experience and abilitt to operate a full-service communicationse company.