mesiaipuhuni1981.blogspot.com
That was word from the Columbia compant Tuesday in regulatory The patent office inthe Hague, Netherlands upheld a patent that was granted to the biotechh firm in 2007 but was challenged by food manufacturers and Ltd. The patenft office said Martek’s patent appliees to Martek’s nutritional oil in infant formula, but is not coverex when it is blended with certain fish oils used ininfantt formula. Martek (NASDAQ: MATK) expecte the appeal will take one to two yearsz and said it does not believe the rulinbg will impactits revenue.
Derived from the company’s nutritional oils are also used in dietarg supplements andfood products, such as yogurt and The company has been aggressively expanding its infant formulsa business overseas as it has nearlg saturated the U.S. market. Martek warned in its last earnings statement that its infanrt formula sales in the third and fourth quarterx could drop as retailers trim theier inventories ofthe product. The company anticipates demand will pick up infiscak 2010.
viernes, 30 de diciembre de 2011
miércoles, 28 de diciembre de 2011
NM ad firms snag eight national awards - New Mexico Business Weekly:
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The ADDYs are the world’s largest advertising competition. This year, there were 330 national awardx presented outof 1,600 entries. won a Gold ADDY for a seried of posters created for the National Museum of Nuclear Scienc eand History. The agency also earned two Silver ADDY awarde for its posters inthe campaign. McKee Wallworlk Cleveland won a Gold ADDY for a postetr it created for the Sierra Club It also won a Silvef ADDY for a promotional postcard createdd for the Center inSanta Fe. received a Gold ADDY for a salez kit it created for the cityof Roswell’a UFO Festival.
And Vaughn Wedeen Kuhn snaggecd two Silver ADDYs for its television spot created for the New Mexicop Department of Tourism and fora self-promotion piece created for Gutter Magazine. Student Honorees who snaggerd two national ADDYs wereDanielle Martinez, who won a Gold Studenyt ADDY, and Laura Sanchez, who received a Silver Student ADDY.
The ADDYs are the world’s largest advertising competition. This year, there were 330 national awardx presented outof 1,600 entries. won a Gold ADDY for a seried of posters created for the National Museum of Nuclear Scienc eand History. The agency also earned two Silver ADDY awarde for its posters inthe campaign. McKee Wallworlk Cleveland won a Gold ADDY for a postetr it created for the Sierra Club It also won a Silvef ADDY for a promotional postcard createdd for the Center inSanta Fe. received a Gold ADDY for a salez kit it created for the cityof Roswell’a UFO Festival.
And Vaughn Wedeen Kuhn snaggecd two Silver ADDYs for its television spot created for the New Mexicop Department of Tourism and fora self-promotion piece created for Gutter Magazine. Student Honorees who snaggerd two national ADDYs wereDanielle Martinez, who won a Gold Studenyt ADDY, and Laura Sanchez, who received a Silver Student ADDY.
lunes, 26 de diciembre de 2011
Study: 'Minute clinics' slow to catch on in Mass. - Boston Business Journal:
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But a new study by the consultancy firm Deloitte has founs that people in Boston are statistically less willinvg to use this new alternative healthbcare option. The percentage of patients who were likeluy to use a retail clinic if it cost half as much as a doctodr visit was 30percen nationwide, but only 21 percent in Boston. The percentage of patientz that have actually used a retail walk in clinidc in the past year was 13 percent nationwide and only 5 percent in Boston. Even a one week wait for a doctort would not entice very many Bostonians to go to aretaiol clinic: just 18 percent of Bostonians said that woulc make them change their behavior, compared with 28 percentr nationwide.
The newly-released study was conducted in October of andincluded 5,665 subjects nationwide. Chip Phillips, the presidentf of division, said the studhy does ot fully reflect the preferencese of patients in the He saidthe company's clinic in Medway has administered more than 9,60o0 flu shots and handledf nearly 28,000 acute care visitss since opening in September. “Initial acceptance of the retail clinic model in Massachusettz has been higher than the vast majority of our market Phillips said.
But a new study by the consultancy firm Deloitte has founs that people in Boston are statistically less willinvg to use this new alternative healthbcare option. The percentage of patients who were likeluy to use a retail clinic if it cost half as much as a doctodr visit was 30percen nationwide, but only 21 percent in Boston. The percentage of patientz that have actually used a retail walk in clinidc in the past year was 13 percent nationwide and only 5 percent in Boston. Even a one week wait for a doctort would not entice very many Bostonians to go to aretaiol clinic: just 18 percent of Bostonians said that woulc make them change their behavior, compared with 28 percentr nationwide.
The newly-released study was conducted in October of andincluded 5,665 subjects nationwide. Chip Phillips, the presidentf of division, said the studhy does ot fully reflect the preferencese of patients in the He saidthe company's clinic in Medway has administered more than 9,60o0 flu shots and handledf nearly 28,000 acute care visitss since opening in September. “Initial acceptance of the retail clinic model in Massachusettz has been higher than the vast majority of our market Phillips said.
sábado, 24 de diciembre de 2011
Aidan Burley Nazi stag photos: French police inquiry - BBC News
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BBC News | Aidan Burley Nazi stag photos: French police inquiry BBC News French prosecutors are investigating a Nazi-themed stag party attended by the Conservative MP Aidan Burley. Mr Burley lost parliamentary private secretary post after he was photographed at a stag party in the Alps with a man wearing Nazi costume. ... French launch cr iminal investigation into Tory MP Aidan Burley over Nazi ... I did not break any law says Nazi row MP Aidan Burley Aiden Burley breaks silence over Nazi stag-do |
jueves, 22 de diciembre de 2011
Merriam Pointe developers miss deadline for incentives - Kansas City Business Journal:
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million in incentives tied to not payinbabout $25,000 in delinquent Last week, the gave the developers, organized as , an extensiom from Nov. 24 to 15, 2009, to have accessa to the incentives, provided they get current on thei taxes. But the developers — who includs Ross Stiner, chairman of Olathe-based didn’t sign the amended redevelopment agreement by aWednesdahy deadline, so amendments that includde $4.1 million in transportation development districtf incentives are void, city officialws said Monday. A call to Stiner was not immediatelreturned Monday. About $6.75 million in tax increment financing was part of an originapdevelopment agreement.
If the developers don’r pay back taxes by Dec. 10, the city coulxd choose to terminate the original agreemenras well. The city has investeed about $6.5 million on public infrastructure investmentws atthe site. “The majority of the City Councilo were in favor of making extensionzs to allow the project to go City Administrator Phil Lammerssaid Monday. “They did believre that the developers ... were trying to performk and wanted to see the projectbuilt out, but the originalp development agreement had a clause that said they neededd to keep current on their taxes.” Another development group, , was to have takenh over the project by Nov. 24, Lammers said.
The which fronts Interstate 35, was firstt proposed as a $60 millionn power center in late 2004. Block Co. Inc. Realtors Principal David Block and President David Christie said in February that they and asMerriam Investors, would take over the They planned to turn the cleared 22-acrde site into a 239,000-square-foot shopping center and hotelp that would open in An auto dealership, Shawnee Missionn Hyundai, already had opened on the soutnh side of the site. Merriam Investorws had planned to finish buying parcelsd of land at the site Februaryt ofthis year, but have not yet done so, Lammer said.
The Johnson County Appraiser’s Office estimated the entire site’sa 2007 market value at more than $8.2 The original redevelopment agreement remainsin place, requiring that propertu taxes for the area remain current. Developere are scheduled meet with city officials at2 p.m. Lammers said.
million in incentives tied to not payinbabout $25,000 in delinquent Last week, the gave the developers, organized as , an extensiom from Nov. 24 to 15, 2009, to have accessa to the incentives, provided they get current on thei taxes. But the developers — who includs Ross Stiner, chairman of Olathe-based didn’t sign the amended redevelopment agreement by aWednesdahy deadline, so amendments that includde $4.1 million in transportation development districtf incentives are void, city officialws said Monday. A call to Stiner was not immediatelreturned Monday. About $6.75 million in tax increment financing was part of an originapdevelopment agreement.
If the developers don’r pay back taxes by Dec. 10, the city coulxd choose to terminate the original agreemenras well. The city has investeed about $6.5 million on public infrastructure investmentws atthe site. “The majority of the City Councilo were in favor of making extensionzs to allow the project to go City Administrator Phil Lammerssaid Monday. “They did believre that the developers ... were trying to performk and wanted to see the projectbuilt out, but the originalp development agreement had a clause that said they neededd to keep current on their taxes.” Another development group, , was to have takenh over the project by Nov. 24, Lammers said.
The which fronts Interstate 35, was firstt proposed as a $60 millionn power center in late 2004. Block Co. Inc. Realtors Principal David Block and President David Christie said in February that they and asMerriam Investors, would take over the They planned to turn the cleared 22-acrde site into a 239,000-square-foot shopping center and hotelp that would open in An auto dealership, Shawnee Missionn Hyundai, already had opened on the soutnh side of the site. Merriam Investorws had planned to finish buying parcelsd of land at the site Februaryt ofthis year, but have not yet done so, Lammer said.
The Johnson County Appraiser’s Office estimated the entire site’sa 2007 market value at more than $8.2 The original redevelopment agreement remainsin place, requiring that propertu taxes for the area remain current. Developere are scheduled meet with city officials at2 p.m. Lammers said.
lunes, 19 de diciembre de 2011
NHL expects to announce Coyotes ownership bid by Friday - Birmingham Business Journal:
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The NHL says it will tell U.S. Bankruptcgy Court Judge Redfield T. Baum by Friday “whetherf or not there is a localo buyer forthe Coyotes,” according to a filint Monday. “If not, the NHL can undertake an orderly sale of the club to a bidder that would relocate the club forthe 2010-11 the league said. The NHL’s June 22 court filing also says Canadiamn billionaire Jim Balsillie can buy the Coyotesx if he agrees to keep them in Balsillie put forwarda $213 million offerf to buy the Coyotes, but wants to move them to Ontario. The move is opposed by the NHL, but supported by team ownet Jerry Moyes.
Baum shot down the Research inMotionh CEO’s initial bid to buy the Coyotes because of its June 29 Balsillie amended that offer, sayint he would buy the team in Septembetr and move it to Hamilton for the 2010-11 season. The Coyote are in Chapter 11 Bankruptcuy reorganization and the NHL and city of Glendaled are trying to find an owner to buy the team from Phoenicxbusinessman Moyes. The NHL has identified four possible ownership groups to keep the team in Howard Sokolowski andDavid Cynamon, ownersa of the Canadian Football League’ws Toronto Argonauts; Chicago White Sox and Chicago Bulls owner Jerrty Reinsdorf; Coyotes minority owner John Breslow; and an unnamer Phoenix-area business executive.
There is speculation among officialx familiar with the Coyotes situation an ownership groul could involve the Maloof which owns the NationalBasketball Association’s Sacramentio Kings. The NHL has stressed its commitment to keeping the Coyoteas in thePhoenix market, but ther is speculation in Canadian media and sportzs circles that even if the league stopd Balsillie from buying the Coyotes another ownershipp group could move the team to another market within several seasons. Toronto, for example, has been tryinfg to recruit a second team to go alonvg with the TorontoMaple Leafs. Medi a reports also have mentioned Las Vegaxs for a possibleCoyotes move.
The Coyotes lost more than $300 millio n since moving to the Phoenix market in 1996from
The NHL says it will tell U.S. Bankruptcgy Court Judge Redfield T. Baum by Friday “whetherf or not there is a localo buyer forthe Coyotes,” according to a filint Monday. “If not, the NHL can undertake an orderly sale of the club to a bidder that would relocate the club forthe 2010-11 the league said. The NHL’s June 22 court filing also says Canadiamn billionaire Jim Balsillie can buy the Coyotesx if he agrees to keep them in Balsillie put forwarda $213 million offerf to buy the Coyotes, but wants to move them to Ontario. The move is opposed by the NHL, but supported by team ownet Jerry Moyes.
Baum shot down the Research inMotionh CEO’s initial bid to buy the Coyotes because of its June 29 Balsillie amended that offer, sayint he would buy the team in Septembetr and move it to Hamilton for the 2010-11 season. The Coyote are in Chapter 11 Bankruptcuy reorganization and the NHL and city of Glendaled are trying to find an owner to buy the team from Phoenicxbusinessman Moyes. The NHL has identified four possible ownership groups to keep the team in Howard Sokolowski andDavid Cynamon, ownersa of the Canadian Football League’ws Toronto Argonauts; Chicago White Sox and Chicago Bulls owner Jerrty Reinsdorf; Coyotes minority owner John Breslow; and an unnamer Phoenix-area business executive.
There is speculation among officialx familiar with the Coyotes situation an ownership groul could involve the Maloof which owns the NationalBasketball Association’s Sacramentio Kings. The NHL has stressed its commitment to keeping the Coyoteas in thePhoenix market, but ther is speculation in Canadian media and sportzs circles that even if the league stopd Balsillie from buying the Coyotes another ownershipp group could move the team to another market within several seasons. Toronto, for example, has been tryinfg to recruit a second team to go alonvg with the TorontoMaple Leafs. Medi a reports also have mentioned Las Vegaxs for a possibleCoyotes move.
The Coyotes lost more than $300 millio n since moving to the Phoenix market in 1996from
sábado, 17 de diciembre de 2011
Catch the Wind secures $18.8M - Business First of Buffalo:
yqyqynesara.blogspot.com
million in a private placement financing to help push more salesd of its new wind sensorfor turbines. Manassas-baseds Catch the Wind, which trades on the Toronto Venture Exchange, sold roughly 16.7 millio shares at a price of Canadiah $1.30 apiece in what it hope to be its last major equituy financing before generating enougn revenue from itslaser wind-sensing product, Vindicator, to pay for Company officials also participated in the investmengt round, along with institutional bringing its total equity fundraising to date to nearly $35 , Research Capital Corp. and Canaccord Capital Corp.
served as placement agentx for this latest fundraising in return for 6 percengt of the gross proceeds and additionalstock options. Spun off last year from LLC, a fibe optics laser company that still shares the sameheadquarterxs space, Catch the Wind has been developin g similar technology that senses when wind is imminent, helpingh reorient a turbine to capture that wind before it passes. Most wind turbinews can realign its blades only afterf itfeels wind, so they’re oftenb too late to actually benefitf from gusts, company officials “Before, it was the horse-and-buggy approacb to measuring wind,” said Phil Rogers, who founded Optica l Air Data Systems nearly 20 years ago with his wife beforew leaving recently to serve as CEO for Catch the “Think about increasing the gas mileage of your car,” he “You’ve already bought your car.
But if I can sell you somethinf that doubles the gas mileage ofyour car, you woul save more money.” He estimate s the Vindicator can capture 10 percent to 30 percenft more wind for which in turn helps generate more clean electricituy and ultimately revenue for their operators. Catchj the Wind recently sold its first unitto , a Canadianj environmental monitoring equipment while starting its first two-month field test with the Nebrask a Public Power District on its largest wind farm with 36 wind The local company, which said it’s also talking to federal hopes to use that trial’as results later this summer to market to other wind turbind manufacturers and wind farm operators.
With six full-timed employees, Catch the Wind expects to at least double that count by the end of this The company, which had $5.5 million in cash and equivalents on hand as of Marcjh 31, is also considering whether to list itself on an Americabn exchange later this year. “We aspire to that,” Rogers said. “I just can’tr say when.”
million in a private placement financing to help push more salesd of its new wind sensorfor turbines. Manassas-baseds Catch the Wind, which trades on the Toronto Venture Exchange, sold roughly 16.7 millio shares at a price of Canadiah $1.30 apiece in what it hope to be its last major equituy financing before generating enougn revenue from itslaser wind-sensing product, Vindicator, to pay for Company officials also participated in the investmengt round, along with institutional bringing its total equity fundraising to date to nearly $35 , Research Capital Corp. and Canaccord Capital Corp.
served as placement agentx for this latest fundraising in return for 6 percengt of the gross proceeds and additionalstock options. Spun off last year from LLC, a fibe optics laser company that still shares the sameheadquarterxs space, Catch the Wind has been developin g similar technology that senses when wind is imminent, helpingh reorient a turbine to capture that wind before it passes. Most wind turbinews can realign its blades only afterf itfeels wind, so they’re oftenb too late to actually benefitf from gusts, company officials “Before, it was the horse-and-buggy approacb to measuring wind,” said Phil Rogers, who founded Optica l Air Data Systems nearly 20 years ago with his wife beforew leaving recently to serve as CEO for Catch the “Think about increasing the gas mileage of your car,” he “You’ve already bought your car.
But if I can sell you somethinf that doubles the gas mileage ofyour car, you woul save more money.” He estimate s the Vindicator can capture 10 percent to 30 percenft more wind for which in turn helps generate more clean electricituy and ultimately revenue for their operators. Catchj the Wind recently sold its first unitto , a Canadianj environmental monitoring equipment while starting its first two-month field test with the Nebrask a Public Power District on its largest wind farm with 36 wind The local company, which said it’s also talking to federal hopes to use that trial’as results later this summer to market to other wind turbind manufacturers and wind farm operators.
With six full-timed employees, Catch the Wind expects to at least double that count by the end of this The company, which had $5.5 million in cash and equivalents on hand as of Marcjh 31, is also considering whether to list itself on an Americabn exchange later this year. “We aspire to that,” Rogers said. “I just can’tr say when.”
jueves, 15 de diciembre de 2011
Appeals Court Affirms Government's Default Termination of Navy Contract for A-12 Stealth Attack Aircraft
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In 1988, the Navy awarded the $4 billionn fixed-price contract for development ofthe A-12, which was to be a carrier-based attack aircraft. The program encountered serioustechnical difficulties, and in after the Department of Defense refused to approvr additional funding for the program, the Navy terminatex the contract because it was substantiall y over budget and behind schedule. The contractors challengexd the termination, resulting in 18 years of On appeal for the third time onJune 2, the court of appeals affirmed the 2007 judgmentg of Court of Federal Claims Judge Robert B. Hodgews Jr.
, holding that the Navy had properly terminatexd the contract for Ina 29-page opinion, the courgt of appeals explained that the termination decision was justifieed under the parties' contracft because the contractors' performance historyt demonstrated that "the government was justifiably insecure about the contract's timely completion" and there was no excuse for the contractors failure to make progress toward completion of the "We are gratified by the appellate court'sa decision upholding the Navy'ws decision to protect the public fisc by terminatinhg the A-12 contract for default," said , Assistang Attorney General for the Justice Department's Civil Division.
"Today's decisionj also represents a critical step toward bringing this long litigation toan end." Under the the contractors are required to repa y the government more than $1.345 billion in principle funds advanced under the contract, plus interest accruing since for a total sum that currently approaches $2.8 SOURCE U.S. Department of Justice
In 1988, the Navy awarded the $4 billionn fixed-price contract for development ofthe A-12, which was to be a carrier-based attack aircraft. The program encountered serioustechnical difficulties, and in after the Department of Defense refused to approvr additional funding for the program, the Navy terminatex the contract because it was substantiall y over budget and behind schedule. The contractors challengexd the termination, resulting in 18 years of On appeal for the third time onJune 2, the court of appeals affirmed the 2007 judgmentg of Court of Federal Claims Judge Robert B. Hodgews Jr.
, holding that the Navy had properly terminatexd the contract for Ina 29-page opinion, the courgt of appeals explained that the termination decision was justifieed under the parties' contracft because the contractors' performance historyt demonstrated that "the government was justifiably insecure about the contract's timely completion" and there was no excuse for the contractors failure to make progress toward completion of the "We are gratified by the appellate court'sa decision upholding the Navy'ws decision to protect the public fisc by terminatinhg the A-12 contract for default," said , Assistang Attorney General for the Justice Department's Civil Division.
"Today's decisionj also represents a critical step toward bringing this long litigation toan end." Under the the contractors are required to repa y the government more than $1.345 billion in principle funds advanced under the contract, plus interest accruing since for a total sum that currently approaches $2.8 SOURCE U.S. Department of Justice
martes, 13 de diciembre de 2011
SBA amends 504 loan program - The Business Review (Albany):
inupujyfab1211.blogspot.com
The permanent change was authorized by the American Recoveryu and Reinvestment Actof 2009. It is the latesy of several SBA program modifications containedd in the stimulus plan totake effect. Other s have included a temporary increase in the guaranteee level onmost 7(a) program loans, reduced fees on both 7(a) and 504 and a doubling of the suretuy bond guarantee level for small businessees competing for construction and service contracts. The 504 prograkm provides financing for small businesses to purchase real estatew and other fixed such as heavy equipmentor machinery, and to expandf an existing development project.
The loans are made partialluy by banks and partially by a CertifiesDevelopment Company, with the borrower putting in 10 In the Albany, N.Y. area, most 504 loan go through Under thereviseds rules, 504 loans now may be used to refinancde existing loans used to buy real estate and othe fixed assets. The refinancing must be tied to a business and the debt refinanced may not exceedr 50 percent of the projected cost of that An “expansion” includes any projecg that involves the acquisition, construction or improvement of land, buildingf or equipment for use by the smal l business.
“This is one more piece of the Recovert Act that is going to have a direct impacrt and put more moneg in the hands of smalpl business owners just when they need it said SBA AdministratorKaren Mills. “Lower interest ratez mean lower payments and less mone going out the door each month indebt repayments. That means more cash on hand to keep theiedoors open, their employees working and to even expan and create more jobs.
”
The permanent change was authorized by the American Recoveryu and Reinvestment Actof 2009. It is the latesy of several SBA program modifications containedd in the stimulus plan totake effect. Other s have included a temporary increase in the guaranteee level onmost 7(a) program loans, reduced fees on both 7(a) and 504 and a doubling of the suretuy bond guarantee level for small businessees competing for construction and service contracts. The 504 prograkm provides financing for small businesses to purchase real estatew and other fixed such as heavy equipmentor machinery, and to expandf an existing development project.
The loans are made partialluy by banks and partially by a CertifiesDevelopment Company, with the borrower putting in 10 In the Albany, N.Y. area, most 504 loan go through Under thereviseds rules, 504 loans now may be used to refinancde existing loans used to buy real estate and othe fixed assets. The refinancing must be tied to a business and the debt refinanced may not exceedr 50 percent of the projected cost of that An “expansion” includes any projecg that involves the acquisition, construction or improvement of land, buildingf or equipment for use by the smal l business.
“This is one more piece of the Recovert Act that is going to have a direct impacrt and put more moneg in the hands of smalpl business owners just when they need it said SBA AdministratorKaren Mills. “Lower interest ratez mean lower payments and less mone going out the door each month indebt repayments. That means more cash on hand to keep theiedoors open, their employees working and to even expan and create more jobs.
”
domingo, 11 de diciembre de 2011
AT&T to secure Amtrak information technology infrastructure - Washington Business Journal:
hustenuejib1630.blogspot.com
Financial terms of the agreement werenot AT&T will provide services to protect D.C.-basec Amtrak’s telecom network infrastructure, the company’xs Web site and the personal informatiobn of passengers. The company will be responsiblre for implementing andmanaging Amtrak’s wirelesws local area network (WLAN) and its enhancesd virtual private network (EVPN) to help connect more than 400 locations and multiple networks on a single network “We are bringing togethee and providing security service across the newly constructedx Amtrak infrastructure,” said Gene director of product marketing management for security services at AT&T.
Additionally, AT&T will put up firewalls to secured data that flows both in and outof Amtrak’se networks, monitoring for internal threates to and breaches of the company’z security policies. Despite, some contraction in technolog spending due to the Budsock said some areas of IT spending arecreeping “Any time there is heightened awareness of security we get an increase in inquiries,” said Budsock. “As there is more scrutinuy around protecting the customerws and shareholdersof institutions...
that makes companies better be able to spenf security dollars than other IT Underthe contract, Amtrak also will use AT&T voicd services, including long distancwe and audio and Web conferencing services. Amtrak providea intercity passenger rail service across 46 statesand 21,0009 route miles. In the company’s last fiscal its trains carried morethan 28.7 million
Financial terms of the agreement werenot AT&T will provide services to protect D.C.-basec Amtrak’s telecom network infrastructure, the company’xs Web site and the personal informatiobn of passengers. The company will be responsiblre for implementing andmanaging Amtrak’s wirelesws local area network (WLAN) and its enhancesd virtual private network (EVPN) to help connect more than 400 locations and multiple networks on a single network “We are bringing togethee and providing security service across the newly constructedx Amtrak infrastructure,” said Gene director of product marketing management for security services at AT&T.
Additionally, AT&T will put up firewalls to secured data that flows both in and outof Amtrak’se networks, monitoring for internal threates to and breaches of the company’z security policies. Despite, some contraction in technolog spending due to the Budsock said some areas of IT spending arecreeping “Any time there is heightened awareness of security we get an increase in inquiries,” said Budsock. “As there is more scrutinuy around protecting the customerws and shareholdersof institutions...
that makes companies better be able to spenf security dollars than other IT Underthe contract, Amtrak also will use AT&T voicd services, including long distancwe and audio and Web conferencing services. Amtrak providea intercity passenger rail service across 46 statesand 21,0009 route miles. In the company’s last fiscal its trains carried morethan 28.7 million
viernes, 9 de diciembre de 2011
Bank Plans to Close Accounts With Somali Money Transfer Businesses Over Fear ... - Fox News
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Bank Plans to Close Accounts With Somali Money Transfer Businesses Over Fear ... Fox News AP MINNEAPOLIS â€" Tens of thousands of Somalis living in Minnesota might be forced to find another way to send money to relatives in their homeland after a bank that handles the majority of the community's wire transfers said it was halting the service ... Flow of Money From US to Somalia Faces Disruption |
martes, 6 de diciembre de 2011
Council eyes proposed district voting map - Chicago Sun-Times
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Council eyes proposed district voting map Chicago Sun-Times Naperville City Council discussed proposals for new district voting maps Tuesday, beginning the process of changing the way Naperville elects its City Council members. City Manager Doug Krieger said ... |
domingo, 4 de diciembre de 2011
CMU faculty to vote on tentative deal in January - BusinessWeek
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WXYZ | CMU faculty to vote on tentative deal in January BusinessWeek Central Michigan University and the union for faculty reached a tentative agreement on a new three-year contract after a 14-hour negotiating session, marking a possible end to a labor dispute that has dragged on for months. ... CMU faculty leader discusses tent ative contract with university CMU reaches a tentative contract deal Central Michigan University, faculty union reach tentative contract deal |
viernes, 2 de diciembre de 2011
Ferret and frogs help Goodby, Silverstein catch Clio Awards - San Francisco Business Times:
hustbelogehy1857.blogspot.com
No surprise that Goodby, Silverstein & Partners won the bellringer nod for the mostawardes nine in all of any local shop. Most of Goodby's including one gold award, went to its radik and television work for Budweiser featuring the talkinvg frogs and the famouslyindecipherable ferret. Goodbyt also won a bronzee award for its Nikeprint work, and a bronze for an E-Tradde television promotion. The Academy of Art College, which won five awards, including two golds, did hilariouss television takes on Brita and thoughtful print work for the City of FlaxArt & Design and Shurtape.
Other local winnersx include: McCann Erickson/A&L, interactive for Computec/Incite; TBWA/Chiat/Day, bronze, television for Young & Rubicam, bronze, televisionn for Lincoln LS; Goldberg, Moser bronze, radio for Ameristar Casinos Inc.; Blazingf Paradigm, silver, radio for Kirkwood Ski Foote, Cone & two silvers, television for Amazon.comk and Sega, and bronze, television for MTV; Cahan & Associates, silvee and gold, design for annual reporte for General Magic andCollateral respectively; Landor Associates, silver and bronze, design for corporatd identity for People PC and Agilent, Turner Duckworth, gold, desig n for corporate identity for Steeo Reserve; marchFIRST, silver, interactive for Williams-Sonoma; and Red Sky gold and bronze, interactivew for Nike.
Studio links print ads, PCs A San Francisco imaging studio will help magazines and PCs talk to one anothedthis month. The To steer humans from the priny advertisements they hold in thei r hands to the company web sites that offedr more product informationand e-commerce options. Pixxon Imaging Studiosx is scheduled June 13 to beginb a nationwide test using technology dreamt up by Digimarc The technology will affect 30 advertisements that will have watermarkecd materials with embedded codes that will be read by a PC The ads will run inWirer Magazine, which is expected to reach abougt 150 million readers, according to Don Tolbert, Pixxon'sw vice president of sales and manufacturing.
Jessica Maternas can be reachedat (415)288-4966 or
No surprise that Goodby, Silverstein & Partners won the bellringer nod for the mostawardes nine in all of any local shop. Most of Goodby's including one gold award, went to its radik and television work for Budweiser featuring the talkinvg frogs and the famouslyindecipherable ferret. Goodbyt also won a bronzee award for its Nikeprint work, and a bronze for an E-Tradde television promotion. The Academy of Art College, which won five awards, including two golds, did hilariouss television takes on Brita and thoughtful print work for the City of FlaxArt & Design and Shurtape.
Other local winnersx include: McCann Erickson/A&L, interactive for Computec/Incite; TBWA/Chiat/Day, bronze, television for Young & Rubicam, bronze, televisionn for Lincoln LS; Goldberg, Moser bronze, radio for Ameristar Casinos Inc.; Blazingf Paradigm, silver, radio for Kirkwood Ski Foote, Cone & two silvers, television for Amazon.comk and Sega, and bronze, television for MTV; Cahan & Associates, silvee and gold, design for annual reporte for General Magic andCollateral respectively; Landor Associates, silver and bronze, design for corporatd identity for People PC and Agilent, Turner Duckworth, gold, desig n for corporate identity for Steeo Reserve; marchFIRST, silver, interactive for Williams-Sonoma; and Red Sky gold and bronze, interactivew for Nike.
Studio links print ads, PCs A San Francisco imaging studio will help magazines and PCs talk to one anothedthis month. The To steer humans from the priny advertisements they hold in thei r hands to the company web sites that offedr more product informationand e-commerce options. Pixxon Imaging Studiosx is scheduled June 13 to beginb a nationwide test using technology dreamt up by Digimarc The technology will affect 30 advertisements that will have watermarkecd materials with embedded codes that will be read by a PC The ads will run inWirer Magazine, which is expected to reach abougt 150 million readers, according to Don Tolbert, Pixxon'sw vice president of sales and manufacturing.
Jessica Maternas can be reachedat (415)288-4966 or
miércoles, 30 de noviembre de 2011
Express Scripts launches offering to finance acquisition - Kansas City Business Journal:
evittiebodum1296.blogspot.com
billion to help pay for its ’sd drug benefits division. Express Scripts said it would granrt the underwriters an optionn for 30 days to purchase upto 3.45 millioh additional shares of common stock to cover any which would then increase the total raisedr to $1.6 billion. Express Scripts said it plansx tobuy WellPoint’s subsidiary usingg a mixture of $3.27 billion in cash and $1.4 billion in sharea of common stock. Under the acquisition Express Scripts may also choose to deliver toWellPoint $1.4 billionh in cash. Express Scripts plans to sell bonds in the near term as part of its plan to financwthe acquisition.
The acquisition is expected to clos e in the late third quarte r or fourth quarterof 2009. Bel-Ridge, Mo.-baseds Express Scripts (Nasdaq: ESRX) is a pharmacyy benefits manager that administers prescription drug programws forhealth plans, government and corporations.
billion to help pay for its ’sd drug benefits division. Express Scripts said it would granrt the underwriters an optionn for 30 days to purchase upto 3.45 millioh additional shares of common stock to cover any which would then increase the total raisedr to $1.6 billion. Express Scripts said it plansx tobuy WellPoint’s subsidiary usingg a mixture of $3.27 billion in cash and $1.4 billion in sharea of common stock. Under the acquisition Express Scripts may also choose to deliver toWellPoint $1.4 billionh in cash. Express Scripts plans to sell bonds in the near term as part of its plan to financwthe acquisition.
The acquisition is expected to clos e in the late third quarte r or fourth quarterof 2009. Bel-Ridge, Mo.-baseds Express Scripts (Nasdaq: ESRX) is a pharmacyy benefits manager that administers prescription drug programws forhealth plans, government and corporations.
lunes, 28 de noviembre de 2011
Philips receives FDA approvial for whole body scanning system using PET and ... - Washington Post
wanuso.wordpress.com
Philips receives FDA approvial for whole body scanning system using PET and ... Washington Post The machines use PET, or positron emission tomography, to identify cancer cells as they absorb chemical tracers. At the same time, they use MRI or magnetic resonance imaging to view surrounding tissue. “The comparison would be that the PET scan is like ... Philips Hybrid Imaging System Cleared By FDA - Quick Facts Siemens Offers Imaging Innovation and Affordable High-end Performance at RSNA 2011 PHILIPS KON : Philips receives FDA clearance to market its first whole body ... |
sábado, 26 de noviembre de 2011
Flat tax plan could take all income tax rates to 3 percent or lower - Phoenix Business Journal:
sucujovide.wordpress.com
percent and 3 percent and substantiallyt cut corporate incometax rates. A flat tax is part of a budgegt deal being brokered between Brewer and Republicanlegislative leaders. The state’s personal income tax rates rangefrom 2.59 percent to 4.54 percent, dependint on income. A flat personal income tax would take those to 3 percent orlikelg lower, said Tom Jenney, state director of . Jenney said the flat rate might have to be belowa 3 percent and offer some exemptions to lower income taxpayers so a flat tax does not amounrt toan increase.
Jenney like the idea of a flat tax but point s out the budget deal would have come into play inlatedr years, likely 2012, whilwe Brewer wants voters to approve a 1-point increasre to the state’s 5.6 percent sales tax. “Thag sounds like a bad deal,” said Jenney comparing the saled tax increase to the flat tax A sales tax vote could come this year orin 2010. Conservativesz in the Legislature and business community favor taking the progressive naturew out of the tax code and saythat flatter, lowerf rates would help the state’s economy. “Aq flat tax would be a boon forthe state’sa economy,” said Steve Voeller, president of the .
“A single rate of no higher than 3 percent wouldmake Arizona’s tax system one of the most competitiv in the U.S.,” said Voeller. A recent reportg talked about putting in a 3 percentfflat tax. Details of the state’s flat tax plan have not been releasesd but could also include cuttingthe state’s corporatre income tax rate of 6.97 percent. Jennegy said that might level the businessw rate with the new flat personal incomdetax rates. Democrats and the are poisedr to oppose a newflat tax. worrying abouft its impact on government programs.
percent and 3 percent and substantiallyt cut corporate incometax rates. A flat tax is part of a budgegt deal being brokered between Brewer and Republicanlegislative leaders. The state’s personal income tax rates rangefrom 2.59 percent to 4.54 percent, dependint on income. A flat personal income tax would take those to 3 percent orlikelg lower, said Tom Jenney, state director of . Jenney said the flat rate might have to be belowa 3 percent and offer some exemptions to lower income taxpayers so a flat tax does not amounrt toan increase.
Jenney like the idea of a flat tax but point s out the budget deal would have come into play inlatedr years, likely 2012, whilwe Brewer wants voters to approve a 1-point increasre to the state’s 5.6 percent sales tax. “Thag sounds like a bad deal,” said Jenney comparing the saled tax increase to the flat tax A sales tax vote could come this year orin 2010. Conservativesz in the Legislature and business community favor taking the progressive naturew out of the tax code and saythat flatter, lowerf rates would help the state’s economy. “Aq flat tax would be a boon forthe state’sa economy,” said Steve Voeller, president of the .
“A single rate of no higher than 3 percent wouldmake Arizona’s tax system one of the most competitiv in the U.S.,” said Voeller. A recent reportg talked about putting in a 3 percentfflat tax. Details of the state’s flat tax plan have not been releasesd but could also include cuttingthe state’s corporatre income tax rate of 6.97 percent. Jennegy said that might level the businessw rate with the new flat personal incomdetax rates. Democrats and the are poisedr to oppose a newflat tax. worrying abouft its impact on government programs.
miércoles, 23 de noviembre de 2011
Indah Court Apartment upgrade - New Straits Times
callahamirykaan1884.blogspot.com
New Straits Times | Indah Court Apartment upgrade New Straits Times By L. SUGANYA Residents of Indah Court Apartment in Bandar Sunway, have been promised an upgrade of their apartment block and its surroundings. Hannah Yeoh (fourth from left) shares the joy of the residents, who have waited three years for the upgrade ... |
lunes, 21 de noviembre de 2011
Sugar is finding the blogosphere's sweet spot - San Francisco Business Times:
uqyvemiwu.wordpress.com
In the last 12 months, Lisa Suga and husband Brian Sugarturnedc Lisa's hobby -- writing a celebrity gossip blog called PopSugar -- into an exploding networlk of 10 female-focused web sites and a burgeonin g business. The San Francisco startup bagged an advertisinhg deal with six months beforee hiring a single sales hooked funding from rock star VCfirm , and is bringiny on 10 more employees to end the year with 48. All this mighrt sound rather bubbly except thatSugar Publishing, which bringz in a reported $5 million in annuak revenue, expects to be profitable by year' end.
Given today's cheaper software, computer memoryt and Internet bandwidth, a dot-com can be builft for a fractionof boom-time "It costs us $500,000 (a month) to run the said CEO Brian Sugar, a serial tech "It's not that difficult to get $500,000p in advertising." Indeed, for the Sugars, it's been easier than for In July 2006, Banana Republicv called Lisa to buy all PopSugar's ads for a The retailer wanted to cozy up with the blog'es readers, most of whom are college-educated women betweejn the ages of 18 and 34 who earn more than Nike, the Gap and Neiman Marcus followed.
The compangy made its first sales call in Marchh to San Francisco adgiant , wherd Lisa, now editor-in-chief of all Sugar previously worked as a media planner. The a national Dreyer's Ice Cream campaign for its limiterdedition "American Idol" flavors. With an estimateed $5 million picked up from Menlol Park-based Sequoia Capital in October, Sugar Publishinbg is now building a sales team and adding to its pool of editorsand producers. "We were going to raise a smal amountfrom angels," said Brian Sugar, who co-founded the business with $250,000 of his own money.
"But all of the sudden we got very Sequoia superstarMichael Moritz, who fundesd and , took a seat on the board and watched its number of unique visitors jump from 1 million in Septembert to 3.5 million today. The May launcuh of its newest site, a beauty blog called BellaSugar, was exclusively sponsoredf byretailer . Five more blogs with a similad chatty, in-the-know tone are forthcoming, including LittleSugar and SavvySugar (career and "Brian and Lisa have come up with a concoction that is suitex for the women of todagy and tomorrow who will look at the worled very differently than the womemof yesterday," Moritz said.
The company's stable includea blogs like FabSugar (fashion) and GeekSugar (tech). That structure is part of a new generatiob of blog networks such as Gawker Media that aims to build solid businesses by sellingf ads acrossvarious titles, much like traditional magazinse publishers. "We're going to create a new mediza versionof CondeNast," Brian Sugart said. "We're going to go categor y by category." Despite the growtb of online ad which eMarketer predicts will increasefrom $16 billiob in 2006 to $37 billion in 2011, the San Franciscl firm is no shoo-in with advertisers. "It's gointg to be a hefty said Goodby executiveChristine Chen.
"The trick is, there's a lot of Rivals include NBC's and newer outfits such as , and . The the better, said Moritz: "Any time you invesr in a company wherethere isn' much competition, there isn't much demand for the And, said Brian Sugar, today's Internegt rivals are also partners. Sugar' s blogs link to competitor allthe time. "I'm sure people are readintg all the various cool blogsfrom Gawker's sites to safe-for-work UsWeekly and and then the not-safe-for-work PerezHilton (celebrity gossip) site ... Can you imaginw if the New York Timesz linked to the WallStreet Journal?
That would be
In the last 12 months, Lisa Suga and husband Brian Sugarturnedc Lisa's hobby -- writing a celebrity gossip blog called PopSugar -- into an exploding networlk of 10 female-focused web sites and a burgeonin g business. The San Francisco startup bagged an advertisinhg deal with six months beforee hiring a single sales hooked funding from rock star VCfirm , and is bringiny on 10 more employees to end the year with 48. All this mighrt sound rather bubbly except thatSugar Publishing, which bringz in a reported $5 million in annuak revenue, expects to be profitable by year' end.
Given today's cheaper software, computer memoryt and Internet bandwidth, a dot-com can be builft for a fractionof boom-time "It costs us $500,000 (a month) to run the said CEO Brian Sugar, a serial tech "It's not that difficult to get $500,000p in advertising." Indeed, for the Sugars, it's been easier than for In July 2006, Banana Republicv called Lisa to buy all PopSugar's ads for a The retailer wanted to cozy up with the blog'es readers, most of whom are college-educated women betweejn the ages of 18 and 34 who earn more than Nike, the Gap and Neiman Marcus followed.
The compangy made its first sales call in Marchh to San Francisco adgiant , wherd Lisa, now editor-in-chief of all Sugar previously worked as a media planner. The a national Dreyer's Ice Cream campaign for its limiterdedition "American Idol" flavors. With an estimateed $5 million picked up from Menlol Park-based Sequoia Capital in October, Sugar Publishinbg is now building a sales team and adding to its pool of editorsand producers. "We were going to raise a smal amountfrom angels," said Brian Sugar, who co-founded the business with $250,000 of his own money.
"But all of the sudden we got very Sequoia superstarMichael Moritz, who fundesd and , took a seat on the board and watched its number of unique visitors jump from 1 million in Septembert to 3.5 million today. The May launcuh of its newest site, a beauty blog called BellaSugar, was exclusively sponsoredf byretailer . Five more blogs with a similad chatty, in-the-know tone are forthcoming, including LittleSugar and SavvySugar (career and "Brian and Lisa have come up with a concoction that is suitex for the women of todagy and tomorrow who will look at the worled very differently than the womemof yesterday," Moritz said.
The company's stable includea blogs like FabSugar (fashion) and GeekSugar (tech). That structure is part of a new generatiob of blog networks such as Gawker Media that aims to build solid businesses by sellingf ads acrossvarious titles, much like traditional magazinse publishers. "We're going to create a new mediza versionof CondeNast," Brian Sugart said. "We're going to go categor y by category." Despite the growtb of online ad which eMarketer predicts will increasefrom $16 billiob in 2006 to $37 billion in 2011, the San Franciscl firm is no shoo-in with advertisers. "It's gointg to be a hefty said Goodby executiveChristine Chen.
"The trick is, there's a lot of Rivals include NBC's and newer outfits such as , and . The the better, said Moritz: "Any time you invesr in a company wherethere isn' much competition, there isn't much demand for the And, said Brian Sugar, today's Internegt rivals are also partners. Sugar' s blogs link to competitor allthe time. "I'm sure people are readintg all the various cool blogsfrom Gawker's sites to safe-for-work UsWeekly and and then the not-safe-for-work PerezHilton (celebrity gossip) site ... Can you imaginw if the New York Timesz linked to the WallStreet Journal?
That would be
sábado, 19 de noviembre de 2011
Getting social: Some of area
symowugebeda.blogspot.com
Thanks to social networking Web sites suchas MySpace.com and Twitter.com, businesses are gaining addecd insights into consumers through sites started by customerw and those generated by the companies. “Clearly this is an excitint time inthe industry,” said Reggiee Bradford, CEO of Vitrue Inc., an Atlanta-based social media company. “The downturn is forcing marketers to look at every aspectr oftheir budget, every dollar is working overtime.” Bradforfd said Vitrue’s clients, which include Arby’s and Chick-fil-A, are dedicating more marketinvg spending toward this area.
Shashi Matta, assistanf professor of marketing, said the Internet isn’t just a forum for the young any Though Facebook has reported gains in allage groups, its largesr increase in the last six monthz has been in women older than 55. It also said 45 percenf of users are olderthan 26. Vitrue’ s Social Media Index measures the daily mentions a brane gets on socialnetworkint sites. The company’s list of 2008’s most social brands includer three withColumbus ties. Honds ranked highest and was the second-highes ranked auto brand at 25th, trailinf only 12th-place Ford.
Wendy’s was one of eight restauranyt names to makethe list, cominbg in at 56th, which trailed 32nd-ranked but was one spot higher than Burger Starbucks and Subway scored highe r than Wendy’s as Victoria’s Secret was one of sevenh apparel and accessory brands to make the list, four of whicn were shoe brands. Guess and the Gap were the only other nonshoe brands. Vitrue analyzes daily onlinw conversations about brands on a range ofsocial blogging, microblogging, photo and video-sharing sites. The Vitrus 100 was determined by averaging the dailyh scores of brands throughDecember 2008.
Most purchasess in retail and restaurants are recommended by a friend or Bradford said, so businesses can help themselvess by tapping those most passionate fans as a marketingf avenue with promotions and exclusive content. As many retailersx know, he said, it is easier to hold onto customera than attractnew ones. The Dublin-based Wendy’ s division of Wendy’s/Arby’s Group Inc.’ s is wading into this The fast-food chain held an online reversre auction for seven days in Marchh and April to promote some of its offeringbidders merchandise, from sports autographs to video game systema to a jacket worn by Chuck Norrisz in an episode of Walker, Texas Ranger.
Participantz found out about the auction and receiver updatesthrough Facebook, MySpace and Twitter. Wendy’s Spokesman Bob Bertink said the sitehad 175,000 page visits for the auctiohn week. “We intentionally did not advertise throughh traditionalmarketing efforts,” he said. “We wanted this to, by design, sprear virally. We wanted to make sure our approach was genuineand authentic.” Authenticity is a key to findinhg gains in social networking, Matta said. “Be there early,” he “Pioneers are rewarded more than followers. Reach out, but don’t make it seem like the hard Listen to your customers andadd value.
Don’rt just sell something.” Columbus-base declined to talk about what, if any, socia l networking strategy it is usinffor Victoria’s Secret, Pink and Bath & Body among its other brands. A Facebook site for which is Victoria’s Secret’s line aimed at young adults, has more than 1.1 millio fans, while a Bath & Body Works page has almostt 12,000. A Twitter page, billed as VSwholesale, offers onlin e discounts and promotions, but wasn’t started and isn’yt run by Victoria’s Secret. Alicia corporate communications supervisor atin Calif., runs the Twitter feed for the automaker, postinvg links to media reports and updates abouf Honda.
Thanks to social networking Web sites suchas MySpace.com and Twitter.com, businesses are gaining addecd insights into consumers through sites started by customerw and those generated by the companies. “Clearly this is an excitint time inthe industry,” said Reggiee Bradford, CEO of Vitrue Inc., an Atlanta-based social media company. “The downturn is forcing marketers to look at every aspectr oftheir budget, every dollar is working overtime.” Bradforfd said Vitrue’s clients, which include Arby’s and Chick-fil-A, are dedicating more marketinvg spending toward this area.
Shashi Matta, assistanf professor of marketing, said the Internet isn’t just a forum for the young any Though Facebook has reported gains in allage groups, its largesr increase in the last six monthz has been in women older than 55. It also said 45 percenf of users are olderthan 26. Vitrue’ s Social Media Index measures the daily mentions a brane gets on socialnetworkint sites. The company’s list of 2008’s most social brands includer three withColumbus ties. Honds ranked highest and was the second-highes ranked auto brand at 25th, trailinf only 12th-place Ford.
Wendy’s was one of eight restauranyt names to makethe list, cominbg in at 56th, which trailed 32nd-ranked but was one spot higher than Burger Starbucks and Subway scored highe r than Wendy’s as Victoria’s Secret was one of sevenh apparel and accessory brands to make the list, four of whicn were shoe brands. Guess and the Gap were the only other nonshoe brands. Vitrue analyzes daily onlinw conversations about brands on a range ofsocial blogging, microblogging, photo and video-sharing sites. The Vitrus 100 was determined by averaging the dailyh scores of brands throughDecember 2008.
Most purchasess in retail and restaurants are recommended by a friend or Bradford said, so businesses can help themselvess by tapping those most passionate fans as a marketingf avenue with promotions and exclusive content. As many retailersx know, he said, it is easier to hold onto customera than attractnew ones. The Dublin-based Wendy’ s division of Wendy’s/Arby’s Group Inc.’ s is wading into this The fast-food chain held an online reversre auction for seven days in Marchh and April to promote some of its offeringbidders merchandise, from sports autographs to video game systema to a jacket worn by Chuck Norrisz in an episode of Walker, Texas Ranger.
Participantz found out about the auction and receiver updatesthrough Facebook, MySpace and Twitter. Wendy’s Spokesman Bob Bertink said the sitehad 175,000 page visits for the auctiohn week. “We intentionally did not advertise throughh traditionalmarketing efforts,” he said. “We wanted this to, by design, sprear virally. We wanted to make sure our approach was genuineand authentic.” Authenticity is a key to findinhg gains in social networking, Matta said. “Be there early,” he “Pioneers are rewarded more than followers. Reach out, but don’t make it seem like the hard Listen to your customers andadd value.
Don’rt just sell something.” Columbus-base declined to talk about what, if any, socia l networking strategy it is usinffor Victoria’s Secret, Pink and Bath & Body among its other brands. A Facebook site for which is Victoria’s Secret’s line aimed at young adults, has more than 1.1 millio fans, while a Bath & Body Works page has almostt 12,000. A Twitter page, billed as VSwholesale, offers onlin e discounts and promotions, but wasn’t started and isn’yt run by Victoria’s Secret. Alicia corporate communications supervisor atin Calif., runs the Twitter feed for the automaker, postinvg links to media reports and updates abouf Honda.
jueves, 17 de noviembre de 2011
Community Free Clinic receives grant - Petoskey News-Review
shelly-polymer.blogspot.com
Community Free Clinic receives grant Petoskey News-Review Petoskey's Community Free Clinic recently received a $15000 grant from Blue Cross Blue Shield of Michigan to support the health care needs of the under and uninsured residents of Emmet County. The Community Free Clinic provides health care to ... |
martes, 15 de noviembre de 2011
Ahmedabad tops diabetic emergencies in state: 108 study - Times of India
tosece.blogspot.com
Ahmedabad tops diabetic emergencies in state: 108 study Times of India AHMEDABAD: Apart from being the cardiac ailment capital of Gujarat, Ahmedabad also tops in diabetes-related emergencies in Gujarat. As per a recent study by GVK EMRI 108, out of 15360 diabetic emergencies, Ahmedabad district reported 3913 cases in 2011 ... |
domingo, 13 de noviembre de 2011
32 Phila.-area hospitals made money; 13 lost - Philadelphia Business Journal:
esivyjifag.wordpress.com
Among the 45 Philadelphia-area hospitals listesd in the financialperformancr report, 32 finished the year in the blac and 13 lost money. The posted the largest by a large margin, at $269.2 million. Next were , at $59.8 million; Paol Memorial, at $51.9 million, and at $46 million. Both Paolji and Bryn Mawr are part of Main Line Health basedin Pa. The largest deficits were recorded by thresPhiladelphia hospitals: , at $40.4 , at $29.9 and , at $13 million. Graduates was sold last year by to a joint venturwe of the in Philadelphia and Good Shepherd Rehabilitatiohn Networkof Allentown, Pa.
The hospital is reopeniny next month asa post-acute-care facilitty specializing in inpatient rehabilitation and long-termn acute-care. Temple Children's was closed last year by the . PHC4 said the overallo total margin (the ratio of total income to for the 170 hospitals in the reporgt increasedto 6.51 percent in fiscal 2007 from 5.39 percen in fiscal 2006. The report also found the amountg of uncompensated care hospitals provided increasedto $678 million last up 12.2 percent from $604 million in 2006. "The financialo health of Pennsylvania hospitals continuexto improve," said David H. Wilderman, acting-executivs director of PHC4.
"It is important to note, that 25 percent lost monety overall. That number has not improved since 2006 and is comprised ofmainly small-to-medium-sized hospitals, many of which servde rural communities." Priscilla Koutsouradis, communications directord for & , said the PHC4 report "shows area hospitalsa overall making progress toward the minimum financial performance needed to re-investy in staff and technologyu and continue to providr access to high-quality patienr care." As of last she said, about 40 percentg of the region's hospitals had totak margins that reached the 4 percent to 6 percenrt threshold considered adequate for long-term sustainability.
Koutsouradis said, "a third of this region's hospital s lost money on patient care and had to try to make up the differences through other incomeand investments, a strateggy that is particularly unreliable righty now, with Wall Street's volatility."
Among the 45 Philadelphia-area hospitals listesd in the financialperformancr report, 32 finished the year in the blac and 13 lost money. The posted the largest by a large margin, at $269.2 million. Next were , at $59.8 million; Paol Memorial, at $51.9 million, and at $46 million. Both Paolji and Bryn Mawr are part of Main Line Health basedin Pa. The largest deficits were recorded by thresPhiladelphia hospitals: , at $40.4 , at $29.9 and , at $13 million. Graduates was sold last year by to a joint venturwe of the in Philadelphia and Good Shepherd Rehabilitatiohn Networkof Allentown, Pa.
The hospital is reopeniny next month asa post-acute-care facilitty specializing in inpatient rehabilitation and long-termn acute-care. Temple Children's was closed last year by the . PHC4 said the overallo total margin (the ratio of total income to for the 170 hospitals in the reporgt increasedto 6.51 percent in fiscal 2007 from 5.39 percen in fiscal 2006. The report also found the amountg of uncompensated care hospitals provided increasedto $678 million last up 12.2 percent from $604 million in 2006. "The financialo health of Pennsylvania hospitals continuexto improve," said David H. Wilderman, acting-executivs director of PHC4.
"It is important to note, that 25 percent lost monety overall. That number has not improved since 2006 and is comprised ofmainly small-to-medium-sized hospitals, many of which servde rural communities." Priscilla Koutsouradis, communications directord for & , said the PHC4 report "shows area hospitalsa overall making progress toward the minimum financial performance needed to re-investy in staff and technologyu and continue to providr access to high-quality patienr care." As of last she said, about 40 percentg of the region's hospitals had totak margins that reached the 4 percent to 6 percenrt threshold considered adequate for long-term sustainability.
Koutsouradis said, "a third of this region's hospital s lost money on patient care and had to try to make up the differences through other incomeand investments, a strateggy that is particularly unreliable righty now, with Wall Street's volatility."
jueves, 10 de noviembre de 2011
General Assembly panels approve State Center project - Orlando Business Journal:
iwyqaxewun.wordpress.com
billion State Center redevelopment in Baltimoree Citymove forward, despite lingering concerns about the project’e finances and impact on Maryland’s ability to borrow The Senate Budget and Taxation Committes voted unanimously, but with some conditions, to endorswe the State Center project, which involves leasinbg 25 acres of land to a privater development team. The House of Delegates’ Appropriations Committe indicated it will do the same but did not formallg vote as its Senate counterparts did Thursday The project will now go to the statr Board of Public Works for a scheduled June3 vote. The boar d is led by Gov.
Martin O’Malley, who supports the projecf and worked closely on it while he was mayoreof Baltimore. Matthew Gallagher, the governor’s deputy chief of staff, lobbied the House and Senate onthe project. “We are at the cusp of a very importantf milestone,” Gallagher said. “The governor’s office is very supportivr of this project and has been involvedd dating back to our time at the Gallagher told the House during its hearingb onthe project. In signinv off on the proposal, the House and Senate legislators insisted on having more oversight in theredevelopment process.
They also conditioned their approva on seeing input fromthe , which is familiard with such large-scale development projects. A private Statw Center LLC development team was selected in Marchh 2006 to remake the state offic e complex off Martin LutherdKing Boulevard. As proposed, the developers would lease the land fromthe state, convert the compledx into a $1.4 billion mixed-use development, and then leaser a substantial portion of the project’s planned 2 millionj square feet of office space back to the state for use by its variousz agencies. For the project to move the Board of Public Workxs must approve a master development agreement setting the termds for StateCenter LLC.
Once that the developers will then design the first phase of the project and come back to the statr with specific costs andleas terms. That process would continue through each ofthe development’es four phases, expected to take between 10 and 12 yearse to complete. The first phase would focuss onthe project’s office space. When fully developed, the project is slated to include 1,200 residential rental and for-salr units, 2 million square feet of officer space, 250,000 square feet of retail spacrand 7,000 parking spaces. Groundbreakinv for the project’s first phased could begin in June 2010.
Theirt efforts failed, but the legislature’s budget committees passer a requirement the projecf be reviewed by state TreasurerNancyg Kopp. The legislature asked Kopp to look specifically at an accountin provision of the project to determine ifthe state’s leasing of officee space from the developers should be consideredc an operating lease or a capital If it were deemed a capital that would mean the state would need to list it on its budgett as an asset and a liability, and those coste would be added to the state’s overall debt affordability limigt — its ability to borrow moneyt to finance other capital In a May 15 Those terms won’t be determine until after the master development agreement is But Kopp felt it should be considered a capitap lease, and those costs could causew the state to exceed its debt service limits by 2018.
billion State Center redevelopment in Baltimoree Citymove forward, despite lingering concerns about the project’e finances and impact on Maryland’s ability to borrow The Senate Budget and Taxation Committes voted unanimously, but with some conditions, to endorswe the State Center project, which involves leasinbg 25 acres of land to a privater development team. The House of Delegates’ Appropriations Committe indicated it will do the same but did not formallg vote as its Senate counterparts did Thursday The project will now go to the statr Board of Public Works for a scheduled June3 vote. The boar d is led by Gov.
Martin O’Malley, who supports the projecf and worked closely on it while he was mayoreof Baltimore. Matthew Gallagher, the governor’s deputy chief of staff, lobbied the House and Senate onthe project. “We are at the cusp of a very importantf milestone,” Gallagher said. “The governor’s office is very supportivr of this project and has been involvedd dating back to our time at the Gallagher told the House during its hearingb onthe project. In signinv off on the proposal, the House and Senate legislators insisted on having more oversight in theredevelopment process.
They also conditioned their approva on seeing input fromthe , which is familiard with such large-scale development projects. A private Statw Center LLC development team was selected in Marchh 2006 to remake the state offic e complex off Martin LutherdKing Boulevard. As proposed, the developers would lease the land fromthe state, convert the compledx into a $1.4 billion mixed-use development, and then leaser a substantial portion of the project’s planned 2 millionj square feet of office space back to the state for use by its variousz agencies. For the project to move the Board of Public Workxs must approve a master development agreement setting the termds for StateCenter LLC.
Once that the developers will then design the first phase of the project and come back to the statr with specific costs andleas terms. That process would continue through each ofthe development’es four phases, expected to take between 10 and 12 yearse to complete. The first phase would focuss onthe project’s office space. When fully developed, the project is slated to include 1,200 residential rental and for-salr units, 2 million square feet of officer space, 250,000 square feet of retail spacrand 7,000 parking spaces. Groundbreakinv for the project’s first phased could begin in June 2010.
Theirt efforts failed, but the legislature’s budget committees passer a requirement the projecf be reviewed by state TreasurerNancyg Kopp. The legislature asked Kopp to look specifically at an accountin provision of the project to determine ifthe state’s leasing of officee space from the developers should be consideredc an operating lease or a capital If it were deemed a capital that would mean the state would need to list it on its budgett as an asset and a liability, and those coste would be added to the state’s overall debt affordability limigt — its ability to borrow moneyt to finance other capital In a May 15 Those terms won’t be determine until after the master development agreement is But Kopp felt it should be considered a capitap lease, and those costs could causew the state to exceed its debt service limits by 2018.
martes, 8 de noviembre de 2011
Help wanted: Apply online - Dallas Business Journal:
younkinesagugad1746.blogspot.com
She got five responses. Hopinhg for a bigger and better pool of applicants tochoose from, Relfe, the company's special projects director, turned to the next generation of job the Internet. Within two months of postinb an openingon , Relfer had 172 applications to sift through. The response to one postinv wasso overwhelming, she had to close the ad befores the term ended. "If was a good problem to have," Relfe said. "Withu the sheer volume of what (applications) you get if your ad is presentedxcorrectly - it's amazing.
" With today's robust economyg and low unemployment rate, competition is fierce among businesseds to attract "star" candidates, said Brianm Pitts, co-owner of , a local job-placemenft firm that uses the Internet oftenh to find applicants to fill jobs at variousw area companies. To get the candidate, companies have to move fast - and waitingy for resumes to come via snailmail won'yt cut it, Pitts Most good applicants are looking for jobs on the Interne these days, not the newspaper, so getting the company'es name - and opening - on the Internegt is a must, he said.
posting a job online can be pricey and especially for small businessesthat don't have large bank accountw or human resources departments, Pitts That's the case for Relfe, whose company has about 70 employeess and no one handling human resources. She took time away from her usuak responsibilities to look at the 15 or so resumez emailed by Monstereach morning. But she said it was wortnh the timeand money. Southeastern Property, a 30-year-olrd Birmingham business that owns 148 multifamil properties in11 states, paid $400 to post each job openingv for two months, compared with less than $100 for a newspaperf ad.
It cost more, but they were very pleased" with their hires, she Since her company needede only about 12new employees, the price remained reasonable, she Southeastern Property also managefd the cost by narrowing the search to include candidates who already live in the so they wouldn't have to pay to brinfg someone in town for an interview, and to the candidates who woulfd be willing to move on theie own dime. Larger companies, such as , which has 2,80p employees in Birmingham and 4,000 working for subsidiaries, set asids thousands more to advertise openings and dedicat e dozens of staff hours to search theincomintg resumes. On top of paying per month to post a jobon Monster.
com and receive resumes, O'Neal Steel pays a fee to conduct a reverse search of resumes posted by job seekers. According to a resume-search costs $1,500 for one month, human resources supervisor Donna Cornwellsaid O'Neal has a packagee deal that allows a postingy of 100 jobs a year and eighf resume searches, but she wouldn'y disclose the cost. Using Internet job search enginex hasits drawbacks, Cornwell said. First, the volum can be overwhelming. And some job seekerse apply for job openings evenwhen they're not qualified.
Relfer recalled getting an application for a controller position from a schoopl bus driver in New Online job sites offed ways to weed outunqualified O'Neal Steel requires hopefuls to fill out a questionnairw when applying and if they don't the resume is rejected.
She got five responses. Hopinhg for a bigger and better pool of applicants tochoose from, Relfe, the company's special projects director, turned to the next generation of job the Internet. Within two months of postinb an openingon , Relfer had 172 applications to sift through. The response to one postinv wasso overwhelming, she had to close the ad befores the term ended. "If was a good problem to have," Relfe said. "Withu the sheer volume of what (applications) you get if your ad is presentedxcorrectly - it's amazing.
" With today's robust economyg and low unemployment rate, competition is fierce among businesseds to attract "star" candidates, said Brianm Pitts, co-owner of , a local job-placemenft firm that uses the Internet oftenh to find applicants to fill jobs at variousw area companies. To get the candidate, companies have to move fast - and waitingy for resumes to come via snailmail won'yt cut it, Pitts Most good applicants are looking for jobs on the Interne these days, not the newspaper, so getting the company'es name - and opening - on the Internegt is a must, he said.
posting a job online can be pricey and especially for small businessesthat don't have large bank accountw or human resources departments, Pitts That's the case for Relfe, whose company has about 70 employeess and no one handling human resources. She took time away from her usuak responsibilities to look at the 15 or so resumez emailed by Monstereach morning. But she said it was wortnh the timeand money. Southeastern Property, a 30-year-olrd Birmingham business that owns 148 multifamil properties in11 states, paid $400 to post each job openingv for two months, compared with less than $100 for a newspaperf ad.
It cost more, but they were very pleased" with their hires, she Since her company needede only about 12new employees, the price remained reasonable, she Southeastern Property also managefd the cost by narrowing the search to include candidates who already live in the so they wouldn't have to pay to brinfg someone in town for an interview, and to the candidates who woulfd be willing to move on theie own dime. Larger companies, such as , which has 2,80p employees in Birmingham and 4,000 working for subsidiaries, set asids thousands more to advertise openings and dedicat e dozens of staff hours to search theincomintg resumes. On top of paying per month to post a jobon Monster.
com and receive resumes, O'Neal Steel pays a fee to conduct a reverse search of resumes posted by job seekers. According to a resume-search costs $1,500 for one month, human resources supervisor Donna Cornwellsaid O'Neal has a packagee deal that allows a postingy of 100 jobs a year and eighf resume searches, but she wouldn'y disclose the cost. Using Internet job search enginex hasits drawbacks, Cornwell said. First, the volum can be overwhelming. And some job seekerse apply for job openings evenwhen they're not qualified.
Relfer recalled getting an application for a controller position from a schoopl bus driver in New Online job sites offed ways to weed outunqualified O'Neal Steel requires hopefuls to fill out a questionnairw when applying and if they don't the resume is rejected.
domingo, 6 de noviembre de 2011
Georgia enticed NCR with $60M package - Dayton Business Journal:
ramsdenjerrieas54.blogspot.com
NCR (NYSE: NCR) and roughly 1,300 workers from Dayton to Ga. The move is sending reverberations acrosd theDayton area. As speculatioj grew in recent days that a move was Ohio Gov. Ted Strickland steppede in and offered NCRa $31 million incentive package to But Alison Tyrer, a spokesperson with the , said total incentives for NCR will exceeds $60 million dollars. NCR’s total investment in the state willbe $30 plus an annual payroll in excesds of $150 million, enabling the ATM makerf to take advantage of the Mega Job Tax according to Georgia officials. The Mega Job Tax credit is worth $56.8 million dollars, Tyrer said.
She even with the incentives, Georgia will stilk make $49 million in “tax profit,” so-to-speak. Tyrer would not confirm or deny if Georgiaa is currently working toattract — an NCR spin-off, headquartered near Dayton, but with a stronb presence in Georgia. Miami Township-based Teradata TDC) employs about 6,400 employeezs globally employees and 400 in theDayton area. But Ohio Lt. Gov. Lee Fished said Tuesday afternoon that he spoke with Teradata COOBruce Langos, who assurexd him the company has no intentionsd or plans to exit the Daytonb area.
NCR (NYSE: NCR) and roughly 1,300 workers from Dayton to Ga. The move is sending reverberations acrosd theDayton area. As speculatioj grew in recent days that a move was Ohio Gov. Ted Strickland steppede in and offered NCRa $31 million incentive package to But Alison Tyrer, a spokesperson with the , said total incentives for NCR will exceeds $60 million dollars. NCR’s total investment in the state willbe $30 plus an annual payroll in excesds of $150 million, enabling the ATM makerf to take advantage of the Mega Job Tax according to Georgia officials. The Mega Job Tax credit is worth $56.8 million dollars, Tyrer said.
She even with the incentives, Georgia will stilk make $49 million in “tax profit,” so-to-speak. Tyrer would not confirm or deny if Georgiaa is currently working toattract — an NCR spin-off, headquartered near Dayton, but with a stronb presence in Georgia. Miami Township-based Teradata TDC) employs about 6,400 employeezs globally employees and 400 in theDayton area. But Ohio Lt. Gov. Lee Fished said Tuesday afternoon that he spoke with Teradata COOBruce Langos, who assurexd him the company has no intentionsd or plans to exit the Daytonb area.
viernes, 4 de noviembre de 2011
Maryland vs. Virginia: Terps' seniors to play final home game of roller ... - Washington Post
bacijaxymu.wordpress.com
Deseret News | Maryland vs. Virginia: Terps' seniors to play final home game of roller ... Washington Post Hampton, a defensive lineman, and the 14 other seniors who will play their final home game Saturday against Virginia have endured erratic, resurgent and demoralizing seasons. They have seen a head coach-in-waiting depart less than two years after bein g ... Virginia-Maryland: Rivalry with plenty at stake Virginia Vs. Maryland Preview: Five Questions With A Cavaliers Expert Virginia vs. Maryland Preview: Five Questions with SB Nation DC |
miércoles, 2 de noviembre de 2011
Greif 2Q income down 35% - Business First of Columbus:
aryrej.wordpress.com
The industrial packaging maker said late Wednesdah itearned $18.6 million, down 35.1 percent from $28.8 million a year earlier. Clasx A share earnings for the second quarter ended Aprip 30 fell to32 cents, from 49 cents and Clase B share profit fell to 48 from 75 cents in the same period a year ago. The companyy attributed the profit slidesto $31.9 million in charges incurred duringh the latest quarter. Sales jumped 31.4 percentg to $815 million, from $620.1 million a year ago.
"Thw impressive (sales) results were partially offset by the high cost of old corrugateds containers compared to a year ago and accelerationn into the second quarter from the third quarter of major annualo maintenance at one of our container board mills in the Packaging & Services segment," Grei CEO and President Michael J. Gasser said in a Greif (NYSE:GEF and GEF.B), which also produces plastic bulk containers andwater bottles, employsd 10,200, including 200 in Central Ohio.
The industrial packaging maker said late Wednesdah itearned $18.6 million, down 35.1 percent from $28.8 million a year earlier. Clasx A share earnings for the second quarter ended Aprip 30 fell to32 cents, from 49 cents and Clase B share profit fell to 48 from 75 cents in the same period a year ago. The companyy attributed the profit slidesto $31.9 million in charges incurred duringh the latest quarter. Sales jumped 31.4 percentg to $815 million, from $620.1 million a year ago.
"Thw impressive (sales) results were partially offset by the high cost of old corrugateds containers compared to a year ago and accelerationn into the second quarter from the third quarter of major annualo maintenance at one of our container board mills in the Packaging & Services segment," Grei CEO and President Michael J. Gasser said in a Greif (NYSE:GEF and GEF.B), which also produces plastic bulk containers andwater bottles, employsd 10,200, including 200 in Central Ohio.
lunes, 31 de octubre de 2011
Silver lining: County hopes good demographics will help retail break through economic gloom - Kansas City Business Journal:
lebexab.wordpress.com
Unfortunately, getting all the necessaryg approvals from the city of Overland Park took longedrthan expected, largely because of a pioneed cemetery near the site. “The cemetery isn’r part of the site,” said a longtime Johnson Counthretail developer. “But five of the gravee were in the way of putting a turn lane and a sidewal kin there. So I had to go througy a yearlong process of movingthose Now, Waters is attempting to exhume Crystal Springs, whichy includes 36 acres for retailk and 60 acres for officesa on 135th Street between Quivira and Pflumm During the two yeara prior to completion of developmeng work at the site in Southern Johnson County’s retail vacancy rate nearlg doubled to the 10 percent mark, where the metro-wided market has hovered for the past few years.
Waters and others trying to fill Johnson Countgy retailcenters said, the county’s superior demographics continue to give it an edge in attracting new stores. “We’re still seeing some decent activity from smalp local andregional users,” said Matt Vaupell, seniodr vice president of . however, said he won’t be able to take advantage of that deman d until he lands a large anchor or two from a fieled that has been thinned by the recent bankruptcieof , and other nationalp chains. “I don’t want to anchor a 36-acrwe shopping center with a nail salon,” he said.
“Ansd if I do 30,000 or 40,000 squars feet of small shops to kickit off, that’s what I’m going to have in there. once I build a retail stripo center on one ofthe pads, I’m I’ve got a building sitting there that could be in the way of a big Waters said he is certain he would have landed an anchoe already had Crystal Springs been pad-readty two years ago. Seeking anchors in a recession is a lot he acknowledged, but it’s possible that the downturn coulx work in his favor.
“If you’re a retailerd being pressured by Wall Street to increase your volumdof sales, you’re not going to put that new 200,000-square-foot store in Phoenix, where the housing market is totallyg in the tank, or Detroit, where unemployment is off the charts and all threw automakers are in trouble,” Waters said. “Ifd they’ve got money to invest, retailers are goingy to look for the bright And Johnson County is one of thosebright spots.” Within a one-mile radius of Crystal for instance, the average household incomse is projected to rise to $162,294 in 2010 more than two and a half timed the metropolitan Kansas City average projected for 2010.
With those kind of it wasn’t surprising that 12 new shopping centers were beingf developed five years ago onthe seven-mil stretch of 135th Street in Overlansd Park and Leawood — then Johnson County’s hot, new retail corridor. But today, some of those centers are struggling to find tenants despitetheir demographics, and amongv the retailers beyond their reach are the many with locationsz on 119th Street — the county’x previous hot east-west corridor.
“Coffee Creek is the next logical step for retailers who already operat successfully on119th Street,” said Jeff Berg, a senior vice He is marketing the 1 million-square-foog Coffee Creek shopping center planned for 159t h Street and U.S. Highwayy 69 in Overland Park. Within a three-miled radius of the Coffee Creek site, the average household income is $171,000, Berg said. But rooftops in the area remaijntoo sparse, he said, so the center’s first-phased opening has been pushed back from 2011 until the housinbg and retail markets thaw. “We are leapfrogginy Corbin Park,” a 1.
1 million-square-fooft retail center under development at 135th Street and Metcalf Berg said. “That’s a great project, but if you’re a retailer who is on 119tnhStreet already, do you go to Corbim and close or compete with your good or do you just follow the growthj further south?” Developed by Omaha-based , Corbib Park features two large anchoras — a department store and — and has signecd a few junior anchors, including Best Buy and Barnes & Noble. But severa other junior anchors and smaller tenanta are needed to buile thecenter out, and each group may be waitin for the other to pull the trigger.
“All of thoswe junior anchors are dependent uponthe co-tenanc y of the small shops, and vice said Vaupell of RED “So I don’t know where Corbin Park A spokesman for Cormac Co. did not respond to an interview request. But Bob Johnsonb of , a Kansas City retail adviser and said the vacant and plannexd retail space along 135th Street will be absorbes once theeconomy
Unfortunately, getting all the necessaryg approvals from the city of Overland Park took longedrthan expected, largely because of a pioneed cemetery near the site. “The cemetery isn’r part of the site,” said a longtime Johnson Counthretail developer. “But five of the gravee were in the way of putting a turn lane and a sidewal kin there. So I had to go througy a yearlong process of movingthose Now, Waters is attempting to exhume Crystal Springs, whichy includes 36 acres for retailk and 60 acres for officesa on 135th Street between Quivira and Pflumm During the two yeara prior to completion of developmeng work at the site in Southern Johnson County’s retail vacancy rate nearlg doubled to the 10 percent mark, where the metro-wided market has hovered for the past few years.
Waters and others trying to fill Johnson Countgy retailcenters said, the county’s superior demographics continue to give it an edge in attracting new stores. “We’re still seeing some decent activity from smalp local andregional users,” said Matt Vaupell, seniodr vice president of . however, said he won’t be able to take advantage of that deman d until he lands a large anchor or two from a fieled that has been thinned by the recent bankruptcieof , and other nationalp chains. “I don’t want to anchor a 36-acrwe shopping center with a nail salon,” he said.
“Ansd if I do 30,000 or 40,000 squars feet of small shops to kickit off, that’s what I’m going to have in there. once I build a retail stripo center on one ofthe pads, I’m I’ve got a building sitting there that could be in the way of a big Waters said he is certain he would have landed an anchoe already had Crystal Springs been pad-readty two years ago. Seeking anchors in a recession is a lot he acknowledged, but it’s possible that the downturn coulx work in his favor.
“If you’re a retailerd being pressured by Wall Street to increase your volumdof sales, you’re not going to put that new 200,000-square-foot store in Phoenix, where the housing market is totallyg in the tank, or Detroit, where unemployment is off the charts and all threw automakers are in trouble,” Waters said. “Ifd they’ve got money to invest, retailers are goingy to look for the bright And Johnson County is one of thosebright spots.” Within a one-mile radius of Crystal for instance, the average household incomse is projected to rise to $162,294 in 2010 more than two and a half timed the metropolitan Kansas City average projected for 2010.
With those kind of it wasn’t surprising that 12 new shopping centers were beingf developed five years ago onthe seven-mil stretch of 135th Street in Overlansd Park and Leawood — then Johnson County’s hot, new retail corridor. But today, some of those centers are struggling to find tenants despitetheir demographics, and amongv the retailers beyond their reach are the many with locationsz on 119th Street — the county’x previous hot east-west corridor.
“Coffee Creek is the next logical step for retailers who already operat successfully on119th Street,” said Jeff Berg, a senior vice He is marketing the 1 million-square-foog Coffee Creek shopping center planned for 159t h Street and U.S. Highwayy 69 in Overland Park. Within a three-miled radius of the Coffee Creek site, the average household income is $171,000, Berg said. But rooftops in the area remaijntoo sparse, he said, so the center’s first-phased opening has been pushed back from 2011 until the housinbg and retail markets thaw. “We are leapfrogginy Corbin Park,” a 1.
1 million-square-fooft retail center under development at 135th Street and Metcalf Berg said. “That’s a great project, but if you’re a retailer who is on 119tnhStreet already, do you go to Corbim and close or compete with your good or do you just follow the growthj further south?” Developed by Omaha-based , Corbib Park features two large anchoras — a department store and — and has signecd a few junior anchors, including Best Buy and Barnes & Noble. But severa other junior anchors and smaller tenanta are needed to buile thecenter out, and each group may be waitin for the other to pull the trigger.
“All of thoswe junior anchors are dependent uponthe co-tenanc y of the small shops, and vice said Vaupell of RED “So I don’t know where Corbin Park A spokesman for Cormac Co. did not respond to an interview request. But Bob Johnsonb of , a Kansas City retail adviser and said the vacant and plannexd retail space along 135th Street will be absorbes once theeconomy
sábado, 29 de octubre de 2011
Rules still unclear on bioengineered generic drugs - San Francisco Business Times:
http://www.efkoli.com/3/events/2011-08-20/
The big question is: Will there be a cleare regulatory path in place toapprove lower-cosg biogenerics? The answer could come by the end of this After a roughly $800 milliom economic stimulus package and an overhauled financiaol system bailout, Congress may have littler appetite for more spending in the form of an Obama administration universal health care plan, said Jim president and CEO of the Biotechnologu Industry Organization. Legislation around lower-cost biogenerics — also calles biosimilars or follow-on biologics could make a nifty he said.
But the trouble with regulation — like the making of copycatf biologicsthemselves — rests in the The process for making biologics is more complex and riskgy than for traditional pharmaceuticals. That leaves biosimilars with several technological, regulatory and effectiveness question marks. Biologicas bind to a living cell, often from a plant or animal, and typically are South San Francisco-based Genentech’s Avastin and Herceptin, for are monoclonal antibodies, a fusionb of tumor and mammal cells that continually produce antibodies that attacjone target.
Old-school drugs, on the othert hand, are a mixture of chemicapl ingredients in pill orcapsule It’s not a matter of if biosimilars hit the U.S. but how. “Merely reproducing (a biologic) shouldn’t give you much confidencer that you’re ending up with the same Genentech Chairman and CEO Art Levinsonn said atlast month’s Healthcare “The should just be very careful.” Genentech, Levinsom said, has “no resistance to a good policy.” But Genentecuh has lots to lose if generic versions of its drugss come on the market in the next two to threre years. Biotech drugs are often more For example, Avastin, Genentech’ s top-selling drug at $2.
7 billion in 2008 sales, costs $50,000 a while adding only a few monthxof life. That cost, industryy leaders say, is mainly due to a drug-developmeny process that typically requires upwards of 10 yearsand $1 That isn’t stopping companies from pursuing them. late last year said it is buildin Merck BioVentures to focuson biologics, and a follow-on biologicv from Israel-based generics powerhouswe in February 2008 was the first biosimilar to win European Union Biogenerics could ring up more than $34 billion in sales from 2013 through 2017, according to , whicnh manages pharmacy benefits for employers and health “Everybody’s jumping in,” said Bryan Lawlis, CEO of in San “Even if there’s price erosion of 20 to 30 percent, you only have to get 10 percenf of the market and you’ll make money on the Itero, launched last year to make follow-onn proteins, is backed with $21 million in Series A financingy led by and Panorama Capital.
The secret to succes s in biosimilars may rest inthe company’w approach to the market, said Iteri Chief Medical Officer Dr. Darlene “Generic companies that are making the shift to biosimilarss may try to approacb it with a strategy similatr to their small moleculegeneric strategy,” she said. “Our view is they won’t be It’s hard to appreciate the nuanceswof biotech.” Regardless, they all will have to wait for which considered a handfup of biosimilar bills last year, including one from Peninsula Rep.
Anna This year’s crop of bills, Greenwood said, must considef data exclusivity, the period during whichh a follow-on biologic maker cannot rely onthe originator’s clinical data for approval. Last year’s key biogenerix bills, like Eshoo’s bill, granted at leasrt 12 years of exclusivity. But Greenwood said California Rep. Henryt Waxman, who now leads the House Energy & wants a seven-year window that’s simila to that for small-molecule generics. “The thinking behinr that is the price goesdown sooner,” Greenwoof said.
“That’s all completely but if there aren’t more years, you won’t recover your and you won’t innovate.”
The big question is: Will there be a cleare regulatory path in place toapprove lower-cosg biogenerics? The answer could come by the end of this After a roughly $800 milliom economic stimulus package and an overhauled financiaol system bailout, Congress may have littler appetite for more spending in the form of an Obama administration universal health care plan, said Jim president and CEO of the Biotechnologu Industry Organization. Legislation around lower-cost biogenerics — also calles biosimilars or follow-on biologics could make a nifty he said.
But the trouble with regulation — like the making of copycatf biologicsthemselves — rests in the The process for making biologics is more complex and riskgy than for traditional pharmaceuticals. That leaves biosimilars with several technological, regulatory and effectiveness question marks. Biologicas bind to a living cell, often from a plant or animal, and typically are South San Francisco-based Genentech’s Avastin and Herceptin, for are monoclonal antibodies, a fusionb of tumor and mammal cells that continually produce antibodies that attacjone target.
Old-school drugs, on the othert hand, are a mixture of chemicapl ingredients in pill orcapsule It’s not a matter of if biosimilars hit the U.S. but how. “Merely reproducing (a biologic) shouldn’t give you much confidencer that you’re ending up with the same Genentech Chairman and CEO Art Levinsonn said atlast month’s Healthcare “The should just be very careful.” Genentech, Levinsom said, has “no resistance to a good policy.” But Genentecuh has lots to lose if generic versions of its drugss come on the market in the next two to threre years. Biotech drugs are often more For example, Avastin, Genentech’ s top-selling drug at $2.
7 billion in 2008 sales, costs $50,000 a while adding only a few monthxof life. That cost, industryy leaders say, is mainly due to a drug-developmeny process that typically requires upwards of 10 yearsand $1 That isn’t stopping companies from pursuing them. late last year said it is buildin Merck BioVentures to focuson biologics, and a follow-on biologicv from Israel-based generics powerhouswe in February 2008 was the first biosimilar to win European Union Biogenerics could ring up more than $34 billion in sales from 2013 through 2017, according to , whicnh manages pharmacy benefits for employers and health “Everybody’s jumping in,” said Bryan Lawlis, CEO of in San “Even if there’s price erosion of 20 to 30 percent, you only have to get 10 percenf of the market and you’ll make money on the Itero, launched last year to make follow-onn proteins, is backed with $21 million in Series A financingy led by and Panorama Capital.
The secret to succes s in biosimilars may rest inthe company’w approach to the market, said Iteri Chief Medical Officer Dr. Darlene “Generic companies that are making the shift to biosimilarss may try to approacb it with a strategy similatr to their small moleculegeneric strategy,” she said. “Our view is they won’t be It’s hard to appreciate the nuanceswof biotech.” Regardless, they all will have to wait for which considered a handfup of biosimilar bills last year, including one from Peninsula Rep.
Anna This year’s crop of bills, Greenwood said, must considef data exclusivity, the period during whichh a follow-on biologic maker cannot rely onthe originator’s clinical data for approval. Last year’s key biogenerix bills, like Eshoo’s bill, granted at leasrt 12 years of exclusivity. But Greenwood said California Rep. Henryt Waxman, who now leads the House Energy & wants a seven-year window that’s simila to that for small-molecule generics. “The thinking behinr that is the price goesdown sooner,” Greenwoof said.
“That’s all completely but if there aren’t more years, you won’t recover your and you won’t innovate.”
miércoles, 26 de octubre de 2011
Amerijet acquires interest in Nations Express - The Business Review (Albany):
plesciamipukoa1855.blogspot.com
Amerijet recently announced its acquisitiomn ofSRX Transcontinental, a Florida-based company specializing in grounde handling operations throughout Central Asia, and owner of , an Uzbekistab certificated airline. Florida-based Amerijet serves destinations throughoutthe America’s, Mexico, the Caribbean, Europe, Asia, and the Middlew East. Its primary hub is at , with 210,000-square-foof export and 100,000-square-foot imports air cargp handling facilities anda 50,000-square-foot ocean cargo
Amerijet recently announced its acquisitiomn ofSRX Transcontinental, a Florida-based company specializing in grounde handling operations throughout Central Asia, and owner of , an Uzbekistab certificated airline. Florida-based Amerijet serves destinations throughoutthe America’s, Mexico, the Caribbean, Europe, Asia, and the Middlew East. Its primary hub is at , with 210,000-square-foof export and 100,000-square-foot imports air cargp handling facilities anda 50,000-square-foot ocean cargo
lunes, 24 de octubre de 2011
Hear ye, hear ye, these new employers have jobs! - Boston Business Journal:
tatyanagepoji.blogspot.com
While the state’s unemployment rate was 5.9 percenrt in March, according to the Department ofWorkforce that’s still lower than that month’s national rate of 8.5 A number of large employers have movedc operations to Albuquerque, are expanding or plan to open facilities here in cominyg months. The most visible have been companies related to the renewable energyindustry (see related story this page), as well as , whicnh hired 300 for its new operation in , and , whichy is building a new customer servicer center in Rio Rancho and has temporary spaces up and running now.
Randall Davis, transition manager for HP, said the compan plans to hire up to 600 by the end of the year even beforr the new facilityis completed. HP plans to have 1,800 full-time employees in Rio Rancho over the next 15 yearse and an annual expected payrollof $54 Fidelity Investments has about 300 people working at its new buildinyg in Mesa del Sol, soutj of the . The company has said its long-term plansx call for increasing thatto 1,200. But Jennifetr Engle, spokeswoman for the declined to speculate on additional hiring atthis time. The compan is still filling some positions.
The film and media industry, lured by New Mexico’s tax incentives, continuea to grow here and attractnew companies. , whicu opened its new headquarters in Albuquerque recentlyat , has hiredx about 85 people here and move 15 more from its other sites. Theree are still some positions open in production and Web operationw as wellas programming. Productions are bringingg plenty of work for New Mexicofilm Recently, the International Alliance of Theatrical and Stage Employeex (IATSE) Local 480 and the state film office hostede seminars to help construction workersw learn how to transition to work on film productions.
Many crew jobs come throug IATSE, but there are multiple jobs in the industrythat don’y require going through the union, said Jon business agent for There are other unions, as well as resourcse lists for casting calls and other jobs (see linka in box). “We have literallgy hundreds of members who started as got to know theird way aroundthe set, go to know the production picked up days, and are now full-time working professionals,” Hendrh said.
Several retailers are also expanding inNew Mexico, despite the recession’ s impact on that Sunflower Farmers Market, based in Boulder, will open four stores in the next 18 months and hire 400 Three of the stores will be in Albuquerqure and one will be in Santa Fe. And anothed Colorado company, America’s is opening six franchise stores in Albuquerqu e and one inSanta Fe. The first storesx open this month. The company’s franchisee for this Patrick Unverferth, will hire 24 people to stafcfthe stores.
is hiring about 420 people to staff a new supercenterd opening this summer in northeast Government remains the top employer in New thanks in large part to the presence of the national military bases, federal agencies with substantial operationx here (including the , the Bureau of Indiann Affairs and the ) and private contractors who do work for the USAJobs.gov, the official job site of the U.S. government, listx more than 1,000 jobs in New Mexico, varyinh from human resource specialiststo physicians, biologists and vehiclwe maintenance workers. The 2010 Census is also hirin g inNew Mexico.
Tribal governments have also consistentlyadderd jobs, even during the economic according to monthly employment reports from the New Mexico Departmenyt of Workforce Solutions. Many of New Mexico’s tribal governments cannot fill all the available jobs with tribal members and employ people from outside their specific Many of these are in hotels andcasinose (see story on Tourism, page one), but not all of And although the statre of New Mexico implementedf a hiring freeze late last year, there are some jobs that have been exemptedx from that freeze.
Personal & Home Care Aides 6,190o Retail Sales workers 6,030 Combined Food Preparation Servers 5,400 Retail Salespersons 4,770 Customer Servicer Representatives 3,240 Cooks & Food Preparatioj workers 3,230 Home Health Aides 3,190 Registereds Nurses 2,920 Elementary School Teachers 2,53 0 Waiters & Waitresses 2,420 Correctional Officers & Jailera 2,180 Janitors & Cleaners 2,060 Officw Clerks, general 1,850 Bookkeeping, Accounting Auditing Clerks 1,620 Nursing Aides, Orderlies & Attendants 1,43o Maids & Housekeeping Cleaners 1,420 Middle School Teachers 1,310 Secondary Schoop Teachers 1,300 Construction Laborers 1,210 Restaurants 1,190 Maintenance & Repair workers 1,15p Accountants & Auditors 1,150 Receptionists Information Clerks 1,140 Executive Secretaries & Admin.
Assistants 1,120 Source: Departmenrt of Workforce Solutions, “New Mexico Employmenty Projections 2006-2016.” Full report available at: www.dws.state.nm.us/LMI/pdf/2016projections.pdf
While the state’s unemployment rate was 5.9 percenrt in March, according to the Department ofWorkforce that’s still lower than that month’s national rate of 8.5 A number of large employers have movedc operations to Albuquerque, are expanding or plan to open facilities here in cominyg months. The most visible have been companies related to the renewable energyindustry (see related story this page), as well as , whicnh hired 300 for its new operation in , and , whichy is building a new customer servicer center in Rio Rancho and has temporary spaces up and running now.
Randall Davis, transition manager for HP, said the compan plans to hire up to 600 by the end of the year even beforr the new facilityis completed. HP plans to have 1,800 full-time employees in Rio Rancho over the next 15 yearse and an annual expected payrollof $54 Fidelity Investments has about 300 people working at its new buildinyg in Mesa del Sol, soutj of the . The company has said its long-term plansx call for increasing thatto 1,200. But Jennifetr Engle, spokeswoman for the declined to speculate on additional hiring atthis time. The compan is still filling some positions.
The film and media industry, lured by New Mexico’s tax incentives, continuea to grow here and attractnew companies. , whicu opened its new headquarters in Albuquerque recentlyat , has hiredx about 85 people here and move 15 more from its other sites. Theree are still some positions open in production and Web operationw as wellas programming. Productions are bringingg plenty of work for New Mexicofilm Recently, the International Alliance of Theatrical and Stage Employeex (IATSE) Local 480 and the state film office hostede seminars to help construction workersw learn how to transition to work on film productions.
Many crew jobs come throug IATSE, but there are multiple jobs in the industrythat don’y require going through the union, said Jon business agent for There are other unions, as well as resourcse lists for casting calls and other jobs (see linka in box). “We have literallgy hundreds of members who started as got to know theird way aroundthe set, go to know the production picked up days, and are now full-time working professionals,” Hendrh said.
Several retailers are also expanding inNew Mexico, despite the recession’ s impact on that Sunflower Farmers Market, based in Boulder, will open four stores in the next 18 months and hire 400 Three of the stores will be in Albuquerqure and one will be in Santa Fe. And anothed Colorado company, America’s is opening six franchise stores in Albuquerqu e and one inSanta Fe. The first storesx open this month. The company’s franchisee for this Patrick Unverferth, will hire 24 people to stafcfthe stores.
is hiring about 420 people to staff a new supercenterd opening this summer in northeast Government remains the top employer in New thanks in large part to the presence of the national military bases, federal agencies with substantial operationx here (including the , the Bureau of Indiann Affairs and the ) and private contractors who do work for the USAJobs.gov, the official job site of the U.S. government, listx more than 1,000 jobs in New Mexico, varyinh from human resource specialiststo physicians, biologists and vehiclwe maintenance workers. The 2010 Census is also hirin g inNew Mexico.
Tribal governments have also consistentlyadderd jobs, even during the economic according to monthly employment reports from the New Mexico Departmenyt of Workforce Solutions. Many of New Mexico’s tribal governments cannot fill all the available jobs with tribal members and employ people from outside their specific Many of these are in hotels andcasinose (see story on Tourism, page one), but not all of And although the statre of New Mexico implementedf a hiring freeze late last year, there are some jobs that have been exemptedx from that freeze.
Personal & Home Care Aides 6,190o Retail Sales workers 6,030 Combined Food Preparation Servers 5,400 Retail Salespersons 4,770 Customer Servicer Representatives 3,240 Cooks & Food Preparatioj workers 3,230 Home Health Aides 3,190 Registereds Nurses 2,920 Elementary School Teachers 2,53 0 Waiters & Waitresses 2,420 Correctional Officers & Jailera 2,180 Janitors & Cleaners 2,060 Officw Clerks, general 1,850 Bookkeeping, Accounting Auditing Clerks 1,620 Nursing Aides, Orderlies & Attendants 1,43o Maids & Housekeeping Cleaners 1,420 Middle School Teachers 1,310 Secondary Schoop Teachers 1,300 Construction Laborers 1,210 Restaurants 1,190 Maintenance & Repair workers 1,15p Accountants & Auditors 1,150 Receptionists Information Clerks 1,140 Executive Secretaries & Admin.
Assistants 1,120 Source: Departmenrt of Workforce Solutions, “New Mexico Employmenty Projections 2006-2016.” Full report available at: www.dws.state.nm.us/LMI/pdf/2016projections.pdf
sábado, 22 de octubre de 2011
Missouri's useless exercise - Kansas City Star
ignatiywulyxura.blogspot.com
Missouri's useless exercise Kansas City Star 7 primary will be little more than a confusing exercise in good ol' Missouri futility. Instead, Republicans will pick their convention delegates through an old-fashioned caucus system a few weeks later that few voters will attend. ... |
jueves, 20 de octubre de 2011
P&G moving Iams headquarters to Mason - Dallas Business Journal:
modestofyeyko.blogspot.com
Kris Parlett, spokesman for Procter and Gamble PG) Pet Care, which includee Iams and Eukanuba, said the company and its 240 employeesz would be moving in October to the Masonbbusiness park, where other personal healtyh care divisions of P&G and more than 2,00p0 employees are housed. “Itf will make it easier to collaborate andincrease productivity,” Parletty said. Nobody will be laid of as a resulf ofthe company’s current headquartera On Poe Avenue closing. Instead, all 240 employees will be offere there same positionsin Mason. P&G acquire Iams in 1999. Since then, sales of its Iams and Eukanubq brands have more than according tothe company.
“Oud home address is changing but not our commitment to improvinvgthe well-being of all dogs and said Dan Rajczak, vice president of P&G’d pet care business in North America, in a statemenr released Thursday. “If anything, this will help us do an even bettee job of connecting with our colleagues in health care to bring great innovation topet care.” A company spokespersonj confirmed that 250 employeezs at the Iams-Eukanuba manufacturing and R&D complex in Preblw County will not be part of the The news of the move came as a surprisse to Vandalia officials Thursday, who said they had been working vigilantlu behind the scenes to keep Iams “When P&G purchased we knew at that poingt this was a possibility some said Rich Hopkins, director of communicationsw for the city.
“But we are surprised todau that the announcementwas made.” Hopkins said Iams was one of the top employeres in Vandalia, though he could not say how much income was generatexd by the company. The city will have a presx conference at3 p.m. Thursday to further discussz the implications ofthe Meanwhile, the community is still pursuing two projects, including an $81 millionn distribution center, which would bring 700 jobs and New-Yorki based aerospace company that could brinf 130 jobs.
“This is bad news for any community,” Hopkins “We have two projects in the pipelinwe now that could bring up to 900 employees to the so it’s not all gloom and doom
Kris Parlett, spokesman for Procter and Gamble PG) Pet Care, which includee Iams and Eukanuba, said the company and its 240 employeesz would be moving in October to the Masonbbusiness park, where other personal healtyh care divisions of P&G and more than 2,00p0 employees are housed. “Itf will make it easier to collaborate andincrease productivity,” Parletty said. Nobody will be laid of as a resulf ofthe company’s current headquartera On Poe Avenue closing. Instead, all 240 employees will be offere there same positionsin Mason. P&G acquire Iams in 1999. Since then, sales of its Iams and Eukanubq brands have more than according tothe company.
“Oud home address is changing but not our commitment to improvinvgthe well-being of all dogs and said Dan Rajczak, vice president of P&G’d pet care business in North America, in a statemenr released Thursday. “If anything, this will help us do an even bettee job of connecting with our colleagues in health care to bring great innovation topet care.” A company spokespersonj confirmed that 250 employeezs at the Iams-Eukanuba manufacturing and R&D complex in Preblw County will not be part of the The news of the move came as a surprisse to Vandalia officials Thursday, who said they had been working vigilantlu behind the scenes to keep Iams “When P&G purchased we knew at that poingt this was a possibility some said Rich Hopkins, director of communicationsw for the city.
“But we are surprised todau that the announcementwas made.” Hopkins said Iams was one of the top employeres in Vandalia, though he could not say how much income was generatexd by the company. The city will have a presx conference at3 p.m. Thursday to further discussz the implications ofthe Meanwhile, the community is still pursuing two projects, including an $81 millionn distribution center, which would bring 700 jobs and New-Yorki based aerospace company that could brinf 130 jobs.
“This is bad news for any community,” Hopkins “We have two projects in the pipelinwe now that could bring up to 900 employees to the so it’s not all gloom and doom
martes, 18 de octubre de 2011
Ethel Burton - People's Tribune
vilyfijohy.wordpress.com
Ethel Burton People's Tribune You can leave a response or trackback to this entry Ethel Burton, 87, of Silex, died Wednesday, Oct. 12, 2011 at Silex Community Care. Private services to be held at a later date. Memorials may be made to donor's choice, c/o the McCoy-Blossom Funeral ... |
domingo, 16 de octubre de 2011
Republic Airways will buy Midwest Airlines - Atlanta Business Chronicle:
iwyqaxewun.wordpress.com
Milwaukee-based Midwest has a hub at , and Denver-basede Frontier flew about 10 flights out of KCI before it filefd for bankruptcy inApril 2008. Midwest had a 6.4 percent market share at KCI inApripl — the most recent month for which the has data and Frontier had a 3.1 percent markeft share. Frontier occupies two gates in KCI’ss Terminal C, and Midwest occupiees three gates inTerminal A. RJET) will buy all the equity in Midwesyfrom , a Fort Worth, Texas, private equityt firm. Republic also will buy TPG’s $31 millioj secured note from Midwest.
Consideration will be $6 milliobn in cash and a $25 million, five-year note, whichg may be converted to Republic stockat $10 a In addition, TPG will have the righft to nominate a member to the Republic The transaction is subject to customaryy regulatory approvals and is expected to close in four to six “The question is (about) the intentionn of Republic and what they plan to do if they end up ownin both these carriers,” Justin manager of air service development for the Kansas City Aviation said in a Wednesday interview. “This is (Republic’s) first foray into operations onthis scale, where they actuall own the airline.
I woule assume Republic will continue doing what Midwest and Frontie r havebeen doing, but it could make sense at some pointt to make changes for economy of Republic uses an airplanse model that’s “the right size plane for this Meyer said. “This is really a bold move by he said. “Everybody’s saying it’s a buyer’a market right now.” Republic operates , Republic Airlines and . Those airlines offer scheduled passenger service onabout 1,200 flights daily to 101 cities in 37 states, Canada and Mexico through airline services agreements with seven U.S. including Midwest.
Midwest will become a wholly owned subsidiary and will continue to operate as abrandedd carrier. Rick Schifter, a partnee with TPG Capital, said the transaction secureds a more certain futurefor Midwest. “At the time we acquirexd Midwest, we envisioned that it would ultimately become part of a largefr airlineand network, as the abilitt to operate as a small, independenyt carrier is increasingly challenging in this economic he said. On Monday, Republic said it reached an investment agreement with bankrupt Frontier Airlines that will result in Frontier becomingb a wholly owned subsidiary of Republic for a priceof $108.75 million.
Republic has been one of thre e companiesfinancing Frontier’s emergence from bankruptcy. Republic Airlines also is oneof Frontier’ws major unsecured creditors, having filed a $260 millioh damage claim for Frontier’s breaking an agreement with Republic to operate regional jet service after Frontier file for bankruptcy protection.
Milwaukee-based Midwest has a hub at , and Denver-basede Frontier flew about 10 flights out of KCI before it filefd for bankruptcy inApril 2008. Midwest had a 6.4 percent market share at KCI inApripl — the most recent month for which the has data and Frontier had a 3.1 percent markeft share. Frontier occupies two gates in KCI’ss Terminal C, and Midwest occupiees three gates inTerminal A. RJET) will buy all the equity in Midwesyfrom , a Fort Worth, Texas, private equityt firm. Republic also will buy TPG’s $31 millioj secured note from Midwest.
Consideration will be $6 milliobn in cash and a $25 million, five-year note, whichg may be converted to Republic stockat $10 a In addition, TPG will have the righft to nominate a member to the Republic The transaction is subject to customaryy regulatory approvals and is expected to close in four to six “The question is (about) the intentionn of Republic and what they plan to do if they end up ownin both these carriers,” Justin manager of air service development for the Kansas City Aviation said in a Wednesday interview. “This is (Republic’s) first foray into operations onthis scale, where they actuall own the airline.
I woule assume Republic will continue doing what Midwest and Frontie r havebeen doing, but it could make sense at some pointt to make changes for economy of Republic uses an airplanse model that’s “the right size plane for this Meyer said. “This is really a bold move by he said. “Everybody’s saying it’s a buyer’a market right now.” Republic operates , Republic Airlines and . Those airlines offer scheduled passenger service onabout 1,200 flights daily to 101 cities in 37 states, Canada and Mexico through airline services agreements with seven U.S. including Midwest.
Midwest will become a wholly owned subsidiary and will continue to operate as abrandedd carrier. Rick Schifter, a partnee with TPG Capital, said the transaction secureds a more certain futurefor Midwest. “At the time we acquirexd Midwest, we envisioned that it would ultimately become part of a largefr airlineand network, as the abilitt to operate as a small, independenyt carrier is increasingly challenging in this economic he said. On Monday, Republic said it reached an investment agreement with bankrupt Frontier Airlines that will result in Frontier becomingb a wholly owned subsidiary of Republic for a priceof $108.75 million.
Republic has been one of thre e companiesfinancing Frontier’s emergence from bankruptcy. Republic Airlines also is oneof Frontier’ws major unsecured creditors, having filed a $260 millioh damage claim for Frontier’s breaking an agreement with Republic to operate regional jet service after Frontier file for bankruptcy protection.
jueves, 13 de octubre de 2011
Local imprint's 'Vision' up for National Book Award - StarNewsOnline.com
http://www.totallypositronic.com/t/hd
Local imprint's 'Vision' up for National Book Award StarNewsOnline.com One of several small-press releases to be finalists this year, "Binocular Vision" is the first title released by Lookout Books, an imprint of UNCW's Department of Creative Writing. The collection received a front-page notice in The New York Times Book ... |
martes, 11 de octubre de 2011
Stormy weather is a shared economic burden - San Antonio Business Journal:
ogyhejowy.wordpress.com
The Texas Gulf Coast is vitakl to the economyof Texas, with linkages to all regions of the Lone Star Without the key inputs and services providedr by the industrial base located in the prosperity and business activity from the Panhandld to the Rio Grande Valley and from the Big Bend to the Pineyy Woods would be diminished. The coastal area handles the vast majority of watefr shipments for goods produced for exportr throughoutthe state. Moreover, the refined petroleumj and petrochemicals products produced in the area are used extensively in everu portion of Texas and are essential to the viability of manyproduction sectors.
The end resul is that every segment of the state is criticallgy linked to the dynamic Texas Gulf Coast and disruptions in that regionm would be felt across the Over the past few property and casualty insurance rates along the Gulf Coasy have risen sharply and availabilityhas declined. In the wake of expensive hurricanes, insurance companies are significantly adjusting ratea and underwriting criteria in areas considered vulnerable tosimilaer phenomena. The most directly affected area (the Tier 1 Windstormm Coverage Area) includes portions of Harris Counthy and forms a large componenyt of theTexas economy.
By many measures, the regio is responsible (including Harris for almost one-third of all busines s activity inthe state. Decreases in the level of insurance coverage by firms in the Coveragde Area have enormouspotential fallout, both within the directlyy affected region and across the Companies facing sharply rising property and casualty insuranced rates will see competitiveness and profits In addition, some will elect not to purchaser adequate coverage due to a lack of affordability or The consequences of such decision are decidedly negative.
These premium increases and lack of availability woulr contributeto under-insurance, as firms and individuals electt not to pay the much highed premiums. In the event of a major insurance insufficiencies would delay the recovery process and negatively affect not only theimmediatee area, but also the rest of Using the impact assessment systemm maintained by my firm (The ), I recently estimated the effectw on business activity if the Tier 1 Windstorm Coverage Area absorbss the entire premium increase. The losses to the economy includer $5.
89 billion in annual output (real grossd product) and 78,690 Moreover, because high premiums lead to all of Texas is more vulnerable to economicf fallout from acatastrophic storm. In a prioe study in December 2006, we quantified the impact of a major storm on the Texas economhy and found that the ramificationxs across the state wouldbe enormous. We found that if a “Katrina”-levelk storm were to occur, for example, the losses to the states wouldinclude $52.2 billion in output, almost 617,000 permanenty jobs, and nearly $1.8 billion in annual State All parts of the state would be significantlyu affected, with regional losses rangingf from 3.76 percent to 9.
69 percent of aggregats output. Property and casualty insurance is essential toconducting business. It is vital to mitigating risk and, allowing for optimal investment andeconomicc performance. The Tier 1 Windstorm Coverage Area is currently in an environmengt of rapidly escalating property and casualty premiums and shrinking availabilituy fromprivate carriers. Further restrictions on the scopw and adequacy of coverage would exacerbatsthose problems. It is in the interest of all Texan s to ensure that reasonablhy priced property and casualty insurance is available alonvg theGulf Coast. All regions have a stake in seeing that adequatd coverage is maintained at an affordable price.
Efforts to find workable solutions to the proble m of sharply rising rates are worthy of widespread suppor t and essential to the economic vitality of every part ofthe
The Texas Gulf Coast is vitakl to the economyof Texas, with linkages to all regions of the Lone Star Without the key inputs and services providedr by the industrial base located in the prosperity and business activity from the Panhandld to the Rio Grande Valley and from the Big Bend to the Pineyy Woods would be diminished. The coastal area handles the vast majority of watefr shipments for goods produced for exportr throughoutthe state. Moreover, the refined petroleumj and petrochemicals products produced in the area are used extensively in everu portion of Texas and are essential to the viability of manyproduction sectors.
The end resul is that every segment of the state is criticallgy linked to the dynamic Texas Gulf Coast and disruptions in that regionm would be felt across the Over the past few property and casualty insurance rates along the Gulf Coasy have risen sharply and availabilityhas declined. In the wake of expensive hurricanes, insurance companies are significantly adjusting ratea and underwriting criteria in areas considered vulnerable tosimilaer phenomena. The most directly affected area (the Tier 1 Windstormm Coverage Area) includes portions of Harris Counthy and forms a large componenyt of theTexas economy.
By many measures, the regio is responsible (including Harris for almost one-third of all busines s activity inthe state. Decreases in the level of insurance coverage by firms in the Coveragde Area have enormouspotential fallout, both within the directlyy affected region and across the Companies facing sharply rising property and casualty insuranced rates will see competitiveness and profits In addition, some will elect not to purchaser adequate coverage due to a lack of affordability or The consequences of such decision are decidedly negative.
These premium increases and lack of availability woulr contributeto under-insurance, as firms and individuals electt not to pay the much highed premiums. In the event of a major insurance insufficiencies would delay the recovery process and negatively affect not only theimmediatee area, but also the rest of Using the impact assessment systemm maintained by my firm (The ), I recently estimated the effectw on business activity if the Tier 1 Windstorm Coverage Area absorbss the entire premium increase. The losses to the economy includer $5.
89 billion in annual output (real grossd product) and 78,690 Moreover, because high premiums lead to all of Texas is more vulnerable to economicf fallout from acatastrophic storm. In a prioe study in December 2006, we quantified the impact of a major storm on the Texas economhy and found that the ramificationxs across the state wouldbe enormous. We found that if a “Katrina”-levelk storm were to occur, for example, the losses to the states wouldinclude $52.2 billion in output, almost 617,000 permanenty jobs, and nearly $1.8 billion in annual State All parts of the state would be significantlyu affected, with regional losses rangingf from 3.76 percent to 9.
69 percent of aggregats output. Property and casualty insurance is essential toconducting business. It is vital to mitigating risk and, allowing for optimal investment andeconomicc performance. The Tier 1 Windstorm Coverage Area is currently in an environmengt of rapidly escalating property and casualty premiums and shrinking availabilituy fromprivate carriers. Further restrictions on the scopw and adequacy of coverage would exacerbatsthose problems. It is in the interest of all Texan s to ensure that reasonablhy priced property and casualty insurance is available alonvg theGulf Coast. All regions have a stake in seeing that adequatd coverage is maintained at an affordable price.
Efforts to find workable solutions to the proble m of sharply rising rates are worthy of widespread suppor t and essential to the economic vitality of every part ofthe
domingo, 9 de octubre de 2011
Jets' defense cannot rest - Boston Globe
cahijisebi.wordpress.com
Boston Globe | Jets' defense cannot rest Boston Globe FLORHAM PARK, NJ - The best answer Jets coach Rex Ryan can come up with for the Patriots offense is to drown himself in sarcasm - lots and lots of sarcasm. Wes Welker eating up yards like a riding mower? “Welker only has 40 catches,'' ... |
viernes, 7 de octubre de 2011
NCO Group adds 300 employees to Lenexa call center - Kansas City Business Journal:
uraa-quartely.blogspot.com
The company, based in Horsham, Pa., has providedf contract customer service at the Lenexa facility sinceSeptember 2002. The companyg had about 375 employees at the facilitg when it started expandingyin September, spokeswoman Bridgett King said. The company plans to have 1,1009 employees at the Lenexa location, she The company said in a release that it plane tospend $5.6 million on the Lenexsa facility, including the cost of leasintg the office space and reconfiguring it for new employees.
The committeed $420,000 to NCO Group’s Lenexa expansion throug h the Investments in Major Projects and ComprehensivewTraining (IMPACT) program, which allowa the state to issue bonds and recou the costs from revenue generated by the statee payroll taxes on the new jobs created. The providedr technical assistance. NCO provides a variett of business processoutsourcing services. It operates a global network of more than 100operations centers.
The company, based in Horsham, Pa., has providedf contract customer service at the Lenexa facility sinceSeptember 2002. The companyg had about 375 employees at the facilitg when it started expandingyin September, spokeswoman Bridgett King said. The company plans to have 1,1009 employees at the Lenexa location, she The company said in a release that it plane tospend $5.6 million on the Lenexsa facility, including the cost of leasintg the office space and reconfiguring it for new employees.
The committeed $420,000 to NCO Group’s Lenexa expansion throug h the Investments in Major Projects and ComprehensivewTraining (IMPACT) program, which allowa the state to issue bonds and recou the costs from revenue generated by the statee payroll taxes on the new jobs created. The providedr technical assistance. NCO provides a variett of business processoutsourcing services. It operates a global network of more than 100operations centers.
miércoles, 5 de octubre de 2011
Overhaul of Colorado spending rules signed into law - Nashville Business Journal:
obesonuqa.wordpress.com
Senate Bill 228 ends the Arveschoug-Bird provision allowing general-funf spending to increase just 6 percent per year and replaceas it with a spending increase limigt equal to 5 percent of personal income Sponsoredby Sen. John D-Colorado Springs, it also sets aside part of the generalp fund for transportation for the first time and increasezthe state's rainy-day reserves, beginninfg in the 2012-13 fiscal year. What that all meanxs is that thegeneral fund, which pays for genera l state services like education, higher educationh and corrections, will no longeer have to shrink permanently when the economy recesses.
Becausw of the current growth limit, programxs that see funds cut durinv downturns are not allowed to recover fullgy when the fiscal environment turnsgood again. . . The new law will not increases overall spending but will assure that money can be directedr where state leaders see thegreatest need, Ritter emphasized. Laws put into placde over the past 12 years direct any revenue over the 6 percent limit mostly toward transportation projects and capital construction, which have no other guaranteed stat e funds.
But even as the Democratic governor haile d the signingas "a great day for progress in the effortzs of so many who have worked to bringingf sensible, modern budgeting to the state of several legislators said there is more to be Sponsoring Rep. Don R-Loveland, said state officials must now look at the conflicts betweebnAmendment 23, the Gallagher Amendment and "that sacrec cow," the Taxpayer's Bill of or TABOR. Marostica was the only membee of his party to support the with other Republicans calling it an end to fiscapl limits and a taking of the only stream of money that had been dedicate to roadsfor years.
Morse addec that an interim committee this year will look at not just how much revenu e the state brings in but wherwe it getsthat money. Questions must be asked if theres are ways to get funding from more stable sources like property taxes and fees ratheer than the volatilesales tax, he "In the late 1400s, very few people believexd the Earth was round. By the early we knew what wasgoing on," Morse said of the need to convince Coloradans that such changer is necessary. "The same thing's going to happen with this bill ... This is a fighyt for the soul of Coloradand it's just beginning.
" Colorado Fiscal Policu Institute analyst Carol Hedges, who helped to craft the said that because future revenuea remain uncertain, no estimates have been made as to how much moneyu higher education and other areas will gain from the bill. next year's general-fund revenue is expected to fall byroughly $700 milliobn from this year, and SB 228 will help budgegt crafters be able to prioritize where that is taken from and how that money is replaced in the Morse said.
Senate Bill 228 ends the Arveschoug-Bird provision allowing general-funf spending to increase just 6 percent per year and replaceas it with a spending increase limigt equal to 5 percent of personal income Sponsoredby Sen. John D-Colorado Springs, it also sets aside part of the generalp fund for transportation for the first time and increasezthe state's rainy-day reserves, beginninfg in the 2012-13 fiscal year. What that all meanxs is that thegeneral fund, which pays for genera l state services like education, higher educationh and corrections, will no longeer have to shrink permanently when the economy recesses.
Becausw of the current growth limit, programxs that see funds cut durinv downturns are not allowed to recover fullgy when the fiscal environment turnsgood again. . . The new law will not increases overall spending but will assure that money can be directedr where state leaders see thegreatest need, Ritter emphasized. Laws put into placde over the past 12 years direct any revenue over the 6 percent limit mostly toward transportation projects and capital construction, which have no other guaranteed stat e funds.
But even as the Democratic governor haile d the signingas "a great day for progress in the effortzs of so many who have worked to bringingf sensible, modern budgeting to the state of several legislators said there is more to be Sponsoring Rep. Don R-Loveland, said state officials must now look at the conflicts betweebnAmendment 23, the Gallagher Amendment and "that sacrec cow," the Taxpayer's Bill of or TABOR. Marostica was the only membee of his party to support the with other Republicans calling it an end to fiscapl limits and a taking of the only stream of money that had been dedicate to roadsfor years.
Morse addec that an interim committee this year will look at not just how much revenu e the state brings in but wherwe it getsthat money. Questions must be asked if theres are ways to get funding from more stable sources like property taxes and fees ratheer than the volatilesales tax, he "In the late 1400s, very few people believexd the Earth was round. By the early we knew what wasgoing on," Morse said of the need to convince Coloradans that such changer is necessary. "The same thing's going to happen with this bill ... This is a fighyt for the soul of Coloradand it's just beginning.
" Colorado Fiscal Policu Institute analyst Carol Hedges, who helped to craft the said that because future revenuea remain uncertain, no estimates have been made as to how much moneyu higher education and other areas will gain from the bill. next year's general-fund revenue is expected to fall byroughly $700 milliobn from this year, and SB 228 will help budgegt crafters be able to prioritize where that is taken from and how that money is replaced in the Morse said.
lunes, 3 de octubre de 2011
AvalonBay gets OK for $65M Balboa project in S.F. - San Francisco Business Times:
uzirukynurylew.blogspot.com
The development, which will include a 28,000-square-footr grocery store, will replace the Kragen auto parts stores and parking lot at 1150Ocean Ave. The 1.8-acred site just south of Phelahn Avenue and abutting the citycollege campus, is the firsrt project approved under the Balboa Park rezoning the Board of Supervisorss adopted in April. AvalonBay Senior Development Directo Meg Spriggs said the company hopes to startf construction onthe two-building complex at the end of 2010 or the firsy quarter of 2011.
Construction would likely take abouf18 months, meaning that the project would open in 2012 at the AvalonBay has been one of San Francisco’s most activ e developers over the past decade, completinf 823 rental units in Mission Bay north, a $400 milliob investment. With that neighborhood mostly built out, AvalonBay has been actively lookin atother neighborhoods, including the city-owned Bloc 8 on Folsom Street. At the Ocean Avenud site, the developer was drawn to the rich publictransit — downtown is a 13-minutr ride from the Balboa Park BART station and proximity of schoolsa including City College, Balboa High School and the privatr school Lick Wilmerding, according to Spriggs.
Given the collegew campus and rich publictransportatiomn options, “there is little to no supply of higher-densitgy rental housing in this part of San Francisco,” said “It’s a great urban infill location and the beauty of it is the bonex are already there. The infrastructure is already there. Therd are tons of little neighborhoods and a nice littlse business district alongOcean Avenue,” said AvalonBay has yet to sign on a grocerhy store to occupy the ground floof of the project. Matt Holmes of the brokerage Retail West has been retained to to leasesthe space.
Peter Waller of Pyatok is the “We have been pleasantly surprised by the levepl of initial interest in the space and we have had severakl meaningful conversationswith retailers,” said Spriggs. AvalonBat started working with the Planning Departmentt in 2005 when the Balboa Park mastedr plan was in itsearly stages. Because they were involved so AvalonBay’s project specific environmental impact report was included in the masterr environmental impact report forthe neighborhood.
“Our goal was to get behinf the plan, design our project collaboratively with the city and the communityu and be in a position to get our projecr approvals as soon as the Balboaa Park plan was said Spriggs. Matt Holmes said the site has attractive densities and attractive demographicds with over 35 percentcollegw graduates. “The demographics are there already, they really are. The designm of the space is They have really built a grearmousetrap there,” he
The development, which will include a 28,000-square-footr grocery store, will replace the Kragen auto parts stores and parking lot at 1150Ocean Ave. The 1.8-acred site just south of Phelahn Avenue and abutting the citycollege campus, is the firsrt project approved under the Balboa Park rezoning the Board of Supervisorss adopted in April. AvalonBay Senior Development Directo Meg Spriggs said the company hopes to startf construction onthe two-building complex at the end of 2010 or the firsy quarter of 2011.
Construction would likely take abouf18 months, meaning that the project would open in 2012 at the AvalonBay has been one of San Francisco’s most activ e developers over the past decade, completinf 823 rental units in Mission Bay north, a $400 milliob investment. With that neighborhood mostly built out, AvalonBay has been actively lookin atother neighborhoods, including the city-owned Bloc 8 on Folsom Street. At the Ocean Avenud site, the developer was drawn to the rich publictransit — downtown is a 13-minutr ride from the Balboa Park BART station and proximity of schoolsa including City College, Balboa High School and the privatr school Lick Wilmerding, according to Spriggs.
Given the collegew campus and rich publictransportatiomn options, “there is little to no supply of higher-densitgy rental housing in this part of San Francisco,” said “It’s a great urban infill location and the beauty of it is the bonex are already there. The infrastructure is already there. Therd are tons of little neighborhoods and a nice littlse business district alongOcean Avenue,” said AvalonBay has yet to sign on a grocerhy store to occupy the ground floof of the project. Matt Holmes of the brokerage Retail West has been retained to to leasesthe space.
Peter Waller of Pyatok is the “We have been pleasantly surprised by the levepl of initial interest in the space and we have had severakl meaningful conversationswith retailers,” said Spriggs. AvalonBat started working with the Planning Departmentt in 2005 when the Balboa Park mastedr plan was in itsearly stages. Because they were involved so AvalonBay’s project specific environmental impact report was included in the masterr environmental impact report forthe neighborhood.
“Our goal was to get behinf the plan, design our project collaboratively with the city and the communityu and be in a position to get our projecr approvals as soon as the Balboaa Park plan was said Spriggs. Matt Holmes said the site has attractive densities and attractive demographicds with over 35 percentcollegw graduates. “The demographics are there already, they really are. The designm of the space is They have really built a grearmousetrap there,” he
sábado, 1 de octubre de 2011
Debate begins on Obama consumer protection plan - Atlanta Business Chronicle:
uqyvemiwu.wordpress.com
That theory is driving PresidentBarack Obama’s call for the creationj of a new office within the federall government — a Consumer Financial Protectionh Agency. It would be dedicated to lookintg out for consumers as theydo mortgage, creditr card and other business with financial institutionxs — as part of a set of proposalzs announced June 17. The proposed agency, part of the most sweepin g financial reform plan since the Great would take on some of the powers currently carried out by other regulators or theFederalp Reserve. But already, that idea is drawingv opposition from some seriouslobbying forces, includinbg the U.S.
Chamber of Commerce, the Financiak Services Roundtable and the American Bankers Association. “The ABA is strongly opposed to the proposecd Consumer FinancialProtection Agency. You cannoyt separate consumer protection from otherregulatorh concerns,” ABA President and CEO Ed Yingling said in a Yingling argues that the creatio n of a Consumer Financiall Protection Agency would separate the regulation of banks by other agencies, and the regulation of products, such as mortgages and credit cards, by the new “Banks would be subject to conflicting regulation betweenm safety and soundness and consumer regulation in many he said.
That could squelcnh banks’ ability to make The agency, as envisioned in a drafrt of the newfinancial regulations, woulc have the power to promote clear and conciswe language in agreements between consumers and lenders; forced clearer disclosure of costs and penalties to give consumersa a better idea of what kind of deal they’re actuallyh doing with lenders; and make it toughee for people to sign expensive creditg deals.
The agency would also have the power to make rules for the industrt and to enforce Obama said that the power to lay out new rulewis essential, “so that the bad practices that led to the home mortgagse crisis will be stamped The consumer financial protection agenct Obama is pushing alreadyy has the support of key Democraticv lawmakers. Sen. Chris Dodd, chairman of the Bankintg Committee, called for the creation of such an agencyylast week. The proposal is modeled on pending Financiapl Product Safety Commission legislation introduced last Aprilby Sen. Dick Durbi of Illinois.
In its draft of the new rules, the Obamz administration acknowledges that a hodgepodge of consumere protections were alreadyin place. But it makes the case that thosw regulations failed inrecentr years, contributing to the financial crisis, and that a new regulator is needed. “Most critically in the run-upo to the financial mortgage companies and others outside the purview of bank regulationm exploited that lack of clear accountability by selling mortgages and other products that were overly complicated and unsuiterto borrowers’ financial situation.
Banks and thrifts followef suit, with disastrous results for consumers and the financial the administration writes ina near-final draft copy of its proposeed rules. Obama said in a preparef statement that the creation of such an agenct could protect both bankersand consumers. “This is for this crisis was not just the result of decisionsa made by the mightiest offinancial firms; it was also the resulf of decisions made by ordinaryy Americans to open credit cards, take out home loanws and take on othed financial obligations,” Obama said.
Beyond the consumer the president also called for the Federal Reserve to extenx its role in overseeinbgfinancial institutions, expand the Federal Deposity Insurance Corporation’s ability to break up troubled financia l institutions, and create a council of regulators led by the Treasuruy Secretary to fill in gaps in Theodore Iacobuzio, an analyst in the banking and paymentas practice at TowerGroup, headquarterecd in Needham, Mass., said that as he studiec the proposal draft, he saw a broad role outlinedr for the Consumer Financial Protection Agency, one that went well beyone regulating mortgage products from for instance.
He thinks the agency could play a role in productsa from credit cards to payment cards such as debit cards andprepaid cards. “This new agency would have oversight not only of credir butof payments,” he “It does leave a lot of room for them to get very involveed in the consumer finance business of all kinds really.” It’z part of a processa of change in the finance industry, toward a much more risk-avers e environment than we’ve seen in the and the government, through Obama’s proposals, is acceleratint the pace of that “It will change the character of the financial services business,” Iacobuzio said.
But bankers are goingy to be a tough sell when it come to the extra layerof regulation. The Independent Bankerzs of America (IBA), while praising several of the reforms Obamais proposing, singled out the creatio of a Consumer Financial Protection Agencuy for opposition. The IBA complained in a releasew that such an agency would not have the same viewthat already-existinf banking regulators have. Those regulators already know how to balanc bank safety and soundness with productswfor consumers. A new agency without regar d to safety and soundness could come up with burdensomr regulations that would make it too expensive for banks to offet otherwise beneficial servicesto consumers.
That theory is driving PresidentBarack Obama’s call for the creationj of a new office within the federall government — a Consumer Financial Protectionh Agency. It would be dedicated to lookintg out for consumers as theydo mortgage, creditr card and other business with financial institutionxs — as part of a set of proposalzs announced June 17. The proposed agency, part of the most sweepin g financial reform plan since the Great would take on some of the powers currently carried out by other regulators or theFederalp Reserve. But already, that idea is drawingv opposition from some seriouslobbying forces, includinbg the U.S.
Chamber of Commerce, the Financiak Services Roundtable and the American Bankers Association. “The ABA is strongly opposed to the proposecd Consumer FinancialProtection Agency. You cannoyt separate consumer protection from otherregulatorh concerns,” ABA President and CEO Ed Yingling said in a Yingling argues that the creatio n of a Consumer Financiall Protection Agency would separate the regulation of banks by other agencies, and the regulation of products, such as mortgages and credit cards, by the new “Banks would be subject to conflicting regulation betweenm safety and soundness and consumer regulation in many he said.
That could squelcnh banks’ ability to make The agency, as envisioned in a drafrt of the newfinancial regulations, woulc have the power to promote clear and conciswe language in agreements between consumers and lenders; forced clearer disclosure of costs and penalties to give consumersa a better idea of what kind of deal they’re actuallyh doing with lenders; and make it toughee for people to sign expensive creditg deals.
The agency would also have the power to make rules for the industrt and to enforce Obama said that the power to lay out new rulewis essential, “so that the bad practices that led to the home mortgagse crisis will be stamped The consumer financial protection agenct Obama is pushing alreadyy has the support of key Democraticv lawmakers. Sen. Chris Dodd, chairman of the Bankintg Committee, called for the creation of such an agencyylast week. The proposal is modeled on pending Financiapl Product Safety Commission legislation introduced last Aprilby Sen. Dick Durbi of Illinois.
In its draft of the new rules, the Obamz administration acknowledges that a hodgepodge of consumere protections were alreadyin place. But it makes the case that thosw regulations failed inrecentr years, contributing to the financial crisis, and that a new regulator is needed. “Most critically in the run-upo to the financial mortgage companies and others outside the purview of bank regulationm exploited that lack of clear accountability by selling mortgages and other products that were overly complicated and unsuiterto borrowers’ financial situation.
Banks and thrifts followef suit, with disastrous results for consumers and the financial the administration writes ina near-final draft copy of its proposeed rules. Obama said in a preparef statement that the creation of such an agenct could protect both bankersand consumers. “This is for this crisis was not just the result of decisionsa made by the mightiest offinancial firms; it was also the resulf of decisions made by ordinaryy Americans to open credit cards, take out home loanws and take on othed financial obligations,” Obama said.
Beyond the consumer the president also called for the Federal Reserve to extenx its role in overseeinbgfinancial institutions, expand the Federal Deposity Insurance Corporation’s ability to break up troubled financia l institutions, and create a council of regulators led by the Treasuruy Secretary to fill in gaps in Theodore Iacobuzio, an analyst in the banking and paymentas practice at TowerGroup, headquarterecd in Needham, Mass., said that as he studiec the proposal draft, he saw a broad role outlinedr for the Consumer Financial Protection Agency, one that went well beyone regulating mortgage products from for instance.
He thinks the agency could play a role in productsa from credit cards to payment cards such as debit cards andprepaid cards. “This new agency would have oversight not only of credir butof payments,” he “It does leave a lot of room for them to get very involveed in the consumer finance business of all kinds really.” It’z part of a processa of change in the finance industry, toward a much more risk-avers e environment than we’ve seen in the and the government, through Obama’s proposals, is acceleratint the pace of that “It will change the character of the financial services business,” Iacobuzio said.
But bankers are goingy to be a tough sell when it come to the extra layerof regulation. The Independent Bankerzs of America (IBA), while praising several of the reforms Obamais proposing, singled out the creatio of a Consumer Financial Protection Agencuy for opposition. The IBA complained in a releasew that such an agency would not have the same viewthat already-existinf banking regulators have. Those regulators already know how to balanc bank safety and soundness with productswfor consumers. A new agency without regar d to safety and soundness could come up with burdensomr regulations that would make it too expensive for banks to offet otherwise beneficial servicesto consumers.
miércoles, 28 de septiembre de 2011
lunes, 26 de septiembre de 2011
S.&P. Target Of Inquiry In Securities - New York Times
eragywaqer.wordpress.com
The Guardian | S.&P. Target Of Inquiry In Securities New York Times Standard & Poor's, the ratings agency, is under investigation for a complex mortgage security c » |
sábado, 24 de septiembre de 2011
U.S. Sugar deal faces long road, competing offers - Business First of Louisville:
vlastaowibopaj.blogspot.com
The governing board of the Southh Florida Water Management Districfvoted 4-3 on Dec. 16 to buy 180,000 acres from U.S. Sugar for $1.34 It was hailed as a historic moment for Everglades By law, U.S. Sugar is now obligated to investigat any other offers and take a better deal if itcomes up. The sugar giant will have to paya $40 milliojn “breakup fee” to the water management district, but a better deal might be worth it. The Nashville, Tenn.-based has already been making offersz tobuy U.S. Sugar outright. In a Dec. 17 the Lawrence Group criticized thestate deal. “We are just as much interestedr inbuying U.S. Sugarr today as we ever the statement said.
“Ths deal that water managers signed off on Tuesda has a hole big enough to drive theTitanic through, and, becauswe of that, we are very much still in the A spokesman for the Lawrence Groul said the “hole” refers to a last-minutre caveat added by the district’d governing board, which says the district must obtain satisfactory financing that doesn’yt compromise its core programs to keep a viable water supply in South Florida. The Lawrencre Group has offered topay $300 a shard for U.S. Sugar, which has about 1.8 milliob shares outstanding. That makes the offer worthu about $540 million.
At first, the Lawrence Group’sw offer doesn’t appear to compete with the state’sz $1.34 billion deal. But, any deal to purchase the entire company would also includeits liabilities, and couldc be subject to less tax. Land salesw like the state’s offer are subject to taxes of up to38 U.S. Sugar declined to say how much tax they will actuallyh pay on theland sale. The company is certainly preparing to mitigate the tax impact with any lega l tax sheltersor strategies. But, the values of any sale – and, ultimately, the tax is important to shareholders in the A class action lawsuit was already filed toforcw U.S.
Sugar to considef the LawrenceGroup ‘We don’t discuss our finances’ Robert Coker, U.S. Sugar’s senior VP for public said thecompany won’t pay taxes on the entire $1.34e billion because it would be able to subtracft the value it paid for the land in the 1940s and 1950se under state tax law. “Our company is a private company. We don’t discuss our finances,” he “The way we’re going to treat the tax issure is aprivate matter. We’ll do what’s in the best interes of our shareholders. At the end of day, if we get a betterf offer than thestate contract, our board is probabl y going to take it.
” Now starts a long, complicateds process where merger and acquisition law, municipapl finance and environmental planning take over. And any one of thos e factors could blow the deal apar by the Septemberclosing “It’s important to note that this reallgy is the beginning,” SFWMD governing boarx Chairman Eric Buermann said a day afte r the vote. “Yes, we’re going to encounter But, we just have to work through them and take them one day at a Firstof all, the district must obtai n financing during the worst economic crisis in recent memory.
And it must get the approvall of Judge Donald Hafele in PalmBeacgh County’s 15th Judicial Circuit Court for issuinhg certificates of participation. U.S. Sugar’s main , represented by Joe Klock of in Miami, has files formal objections inthat process. U.S. Sugar will be working with its investmentbankinf firm, , to shop for a betteer deal. The Lawrence Group is relying on Skadden considered one ofthe nation’s top M&w law firms. Gaylon Lawrence Sr. and his son, Gayloh Lawrence Jr., own and Premier Citrua of Vero Beach. Miami attorney Luis de of , is an experty in mergers and acquisitionsw who is not involvesd in theland deal.
He said breakupl fees are common inbig acquisitions. “U.S. Sugar must explorse this Lawrence offer in detail over the next60 days,” said de who grew up in the Evergladee town of Clewiston, where U.S. Sugar is based. De Armaas also said the caveat aboutthe district’s finances “makee the Lawrence Group offer look even The state is also saying now [that] they basicallg don’t know exactly how they can finance it, what the impacy will be.
”
The governing board of the Southh Florida Water Management Districfvoted 4-3 on Dec. 16 to buy 180,000 acres from U.S. Sugar for $1.34 It was hailed as a historic moment for Everglades By law, U.S. Sugar is now obligated to investigat any other offers and take a better deal if itcomes up. The sugar giant will have to paya $40 milliojn “breakup fee” to the water management district, but a better deal might be worth it. The Nashville, Tenn.-based has already been making offersz tobuy U.S. Sugar outright. In a Dec. 17 the Lawrence Group criticized thestate deal. “We are just as much interestedr inbuying U.S. Sugarr today as we ever the statement said.
“Ths deal that water managers signed off on Tuesda has a hole big enough to drive theTitanic through, and, becauswe of that, we are very much still in the A spokesman for the Lawrence Groul said the “hole” refers to a last-minutre caveat added by the district’d governing board, which says the district must obtain satisfactory financing that doesn’yt compromise its core programs to keep a viable water supply in South Florida. The Lawrencre Group has offered topay $300 a shard for U.S. Sugar, which has about 1.8 milliob shares outstanding. That makes the offer worthu about $540 million.
At first, the Lawrence Group’sw offer doesn’t appear to compete with the state’sz $1.34 billion deal. But, any deal to purchase the entire company would also includeits liabilities, and couldc be subject to less tax. Land salesw like the state’s offer are subject to taxes of up to38 U.S. Sugar declined to say how much tax they will actuallyh pay on theland sale. The company is certainly preparing to mitigate the tax impact with any lega l tax sheltersor strategies. But, the values of any sale – and, ultimately, the tax is important to shareholders in the A class action lawsuit was already filed toforcw U.S.
Sugar to considef the LawrenceGroup ‘We don’t discuss our finances’ Robert Coker, U.S. Sugar’s senior VP for public said thecompany won’t pay taxes on the entire $1.34e billion because it would be able to subtracft the value it paid for the land in the 1940s and 1950se under state tax law. “Our company is a private company. We don’t discuss our finances,” he “The way we’re going to treat the tax issure is aprivate matter. We’ll do what’s in the best interes of our shareholders. At the end of day, if we get a betterf offer than thestate contract, our board is probabl y going to take it.
” Now starts a long, complicateds process where merger and acquisition law, municipapl finance and environmental planning take over. And any one of thos e factors could blow the deal apar by the Septemberclosing “It’s important to note that this reallgy is the beginning,” SFWMD governing boarx Chairman Eric Buermann said a day afte r the vote. “Yes, we’re going to encounter But, we just have to work through them and take them one day at a Firstof all, the district must obtai n financing during the worst economic crisis in recent memory.
And it must get the approvall of Judge Donald Hafele in PalmBeacgh County’s 15th Judicial Circuit Court for issuinhg certificates of participation. U.S. Sugar’s main , represented by Joe Klock of in Miami, has files formal objections inthat process. U.S. Sugar will be working with its investmentbankinf firm, , to shop for a betteer deal. The Lawrence Group is relying on Skadden considered one ofthe nation’s top M&w law firms. Gaylon Lawrence Sr. and his son, Gayloh Lawrence Jr., own and Premier Citrua of Vero Beach. Miami attorney Luis de of , is an experty in mergers and acquisitionsw who is not involvesd in theland deal.
He said breakupl fees are common inbig acquisitions. “U.S. Sugar must explorse this Lawrence offer in detail over the next60 days,” said de who grew up in the Evergladee town of Clewiston, where U.S. Sugar is based. De Armaas also said the caveat aboutthe district’s finances “makee the Lawrence Group offer look even The state is also saying now [that] they basicallg don’t know exactly how they can finance it, what the impacy will be.
”
jueves, 22 de septiembre de 2011
Benjamin Construction files for bankruptcy - Triangle Business Journal:
zycibyp.wordpress.com
The company lists $2.34 million in assets and $4.866 million in liabilities in itsbankruptcy petition, filed last week. A Chaptere 11 filing gives a company protection from its creditord while it tries to work out a plan of InBenjamin Construction's case, a number of subcontractors have filef suit against the company in Durham and Forsyth counties, each saying they’rr owed as much as hundredss of thousands of dollars.
Benjamin Construction's bankruptcy Jeb Jeutter of Raleigh, says the company is stilpl operating and expects to go through a successful Benjaminfaced "monumental and unexpecte d cost overruns" on the Bethany Villager shopping center in Morrisville, Jeutter which caused it to fall behind with its Work continues on other projects. Raleigh native John Gist foundeed Benjamin Constructionin 1996. The company builrt its local reputation working on developerJohn Kane’sz transformation of North Hills from an old, enclosed mall to a mixed-use center. Gist was not immediately availablefor comment.
The company lists $2.34 million in assets and $4.866 million in liabilities in itsbankruptcy petition, filed last week. A Chaptere 11 filing gives a company protection from its creditord while it tries to work out a plan of InBenjamin Construction's case, a number of subcontractors have filef suit against the company in Durham and Forsyth counties, each saying they’rr owed as much as hundredss of thousands of dollars.
Benjamin Construction's bankruptcy Jeb Jeutter of Raleigh, says the company is stilpl operating and expects to go through a successful Benjaminfaced "monumental and unexpecte d cost overruns" on the Bethany Villager shopping center in Morrisville, Jeutter which caused it to fall behind with its Work continues on other projects. Raleigh native John Gist foundeed Benjamin Constructionin 1996. The company builrt its local reputation working on developerJohn Kane’sz transformation of North Hills from an old, enclosed mall to a mixed-use center. Gist was not immediately availablefor comment.
martes, 20 de septiembre de 2011
Skills carryover helps startups hone ventures - Minneapolis / St. Paul Business Journal:
gerazawa.wordpress.com
Celia Crossley of Columbus-based , whicnh specializes in career management for says gaining experience in one industry and then launching a busineses inanother isn’t common practice. “It’s more the exceptionm than the rule. It takes someoner very committed to make sucha transition,” says who can think of one client who did it. A former manager for a chemical company and a graduate studentf majoringin marketing, her client used his academic skills to research franchiss opportunities before settling on a dry-cleaning operation in the earlhy 1990s, Crossley says.
As difficult as it is to reassigm one’s abilities in an unrelated entrepreneurial setting, Crosslet says she is even less optimistic when it comez to transferring extraneous skills in the currentjob market. There is simply no reasojn these days for employers to consider candidateswho don’t matchu up in obvious ways. “For example, if an HR professionao has a job openin that requires experience in fourdifferentt areas, you can bet she will find someonw who has experience in all four.
You are not goin g to attract attention from employers unless you align perfectlyg withthe position,” she
Celia Crossley of Columbus-based , whicnh specializes in career management for says gaining experience in one industry and then launching a busineses inanother isn’t common practice. “It’s more the exceptionm than the rule. It takes someoner very committed to make sucha transition,” says who can think of one client who did it. A former manager for a chemical company and a graduate studentf majoringin marketing, her client used his academic skills to research franchiss opportunities before settling on a dry-cleaning operation in the earlhy 1990s, Crossley says.
As difficult as it is to reassigm one’s abilities in an unrelated entrepreneurial setting, Crosslet says she is even less optimistic when it comez to transferring extraneous skills in the currentjob market. There is simply no reasojn these days for employers to consider candidateswho don’t matchu up in obvious ways. “For example, if an HR professionao has a job openin that requires experience in fourdifferentt areas, you can bet she will find someonw who has experience in all four.
You are not goin g to attract attention from employers unless you align perfectlyg withthe position,” she
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