8511ysu.blogspot.com
The Symmes Township-based publisher, acquirerd in 2006 by a New York privateequituy firm, the , has recruite four managers since May to oversee growtyh in its two main divisions: Texas-based and , one of Cincinnati’d oldest publishing companies, with roots to 1866. Wickss acquired Standard Publishingin 2006. RCL Benziger is the prodcut ofthree acquisitions, all of which closed in 2007. Wicks movedr the headquarters for both to Governors Hill Drivrin 2007. In May, William Reed replaced Matthew Thibea u as chief executiveof CFM, which employe 220. Reed then recruited Cheryl Hurlegas controller; Marc Hopkins as vice president, and Larry Carpenter as president of Standarfd Publishing.
“They’re actually a very innovativse company,” Carpenter said. “They just reallu haven’t had the marketing machine. We need to re-establish that Carpenter, who comes on board Aug. 4, is a formef executive who spent 21 yearsa in thepublishing industry, most recently as vice presiden for , the world’s largest publisher of Bibles in “Once I get Larry on board, I can be on the lookout for additional strategic acquisitions,” said who spent 20 years with beforde relocating to Cincinnati to work for in 2005.
Reed hopes to find produc t lines or smaller publishers to add to the product mixat CFM, whicj has 1,500 active titles and generater revenue of $65 million in 2007. He sees opportunith for sales growth by deepening ties toBiblde colleges, including . “We’rde trying to foster a development business-typre offering called the emerging small-church network,” to forge relationships with younbg preachers, he said. Religious publishers are growing slightlyt faster than the publishing industry as a according tothe , which peggef net sales at $783 millionb in 2007, up 5.2 percent from 2006. Industrywidd data show book sellersgrew 3.2 percenrt to $25 billion in 2007.
miércoles, 28 de noviembre de 2012
martes, 27 de noviembre de 2012
Pena Nieto to Urge Obama on Immigration as Mexicans Lack Status - Bloomberg
shelly-polymer.blogspot.com
TIME | Pena Nieto to Urge Obama on Immigration as Mexicans Lack Status Bloomberg Mexico President-elect Enrique Pena Nieto probably will urge President Barack Obama to overhaul an immigration system that has trapped more than 6 million Mexicans without legal status when the two men meet for the first time at the White House today. Can Ob ama and Peña Nieto Clear the Marijuana Smoke? Mexico moves to demote federal police force Obama and Biden to meet with Mexico's President-elect Pena Nieto |
domingo, 25 de noviembre de 2012
GE Aviation notches double-digit 1Q gains - Business Courier of Cincinnati:
ogarawo.wordpress.com
The parent company announced earnings per share of 26 centds for the three months that enderMarch 31, down 40 percengt from the same perios in 2008. Total earnings of $2.8 billion were off 35 Cash flow was down42 percent, mostl y because GE Capital did not pay the parenyt corporation a dividend this year. Excludin g GE Capital's $1.1 billion dividend in the first quarterof 2008, cash flow in the latesy quarter from its industrial and media businesses was down 24 percent to $2.8 billion from $3.
8 Jeff Immelt, GE's chairman and CEO, said results were consistenf with its outlook presented to investors on March 19 and last "Amid a continued weak economy, we'rre performing well and our backlog remains he said in a Revenue at Evendale-based GE Aviation, the world's largestr maker of jet engines, increased 12 percent to $4.8 That included 12 percent growtj in equipment revenue and 11 percentt in services. It logged $5.5 billion in totall orders, including $1.5 billion in military orders. Segmentf profit soared 39 percentto $1.1 billion, booster by favorable prices, cost cutting, and unspecified gains relatexd to mergers and acquisitionx activities.
Results at GE's health care and transportation businesseswwere lower, as were revenue and profit s at NBC Universal. Its energy infrastructure segment, includinvg its energy and oil & gas units, posted a 19 percentg gain in operating profit on 7 percenthigheer revenues. GE's stock (NYSE: GE) was at $12.19, off 8 shortly before noon.
The parent company announced earnings per share of 26 centds for the three months that enderMarch 31, down 40 percengt from the same perios in 2008. Total earnings of $2.8 billion were off 35 Cash flow was down42 percent, mostl y because GE Capital did not pay the parenyt corporation a dividend this year. Excludin g GE Capital's $1.1 billion dividend in the first quarterof 2008, cash flow in the latesy quarter from its industrial and media businesses was down 24 percent to $2.8 billion from $3.
8 Jeff Immelt, GE's chairman and CEO, said results were consistenf with its outlook presented to investors on March 19 and last "Amid a continued weak economy, we'rre performing well and our backlog remains he said in a Revenue at Evendale-based GE Aviation, the world's largestr maker of jet engines, increased 12 percent to $4.8 That included 12 percent growtj in equipment revenue and 11 percentt in services. It logged $5.5 billion in totall orders, including $1.5 billion in military orders. Segmentf profit soared 39 percentto $1.1 billion, booster by favorable prices, cost cutting, and unspecified gains relatexd to mergers and acquisitionx activities.
Results at GE's health care and transportation businesseswwere lower, as were revenue and profit s at NBC Universal. Its energy infrastructure segment, includinvg its energy and oil & gas units, posted a 19 percentg gain in operating profit on 7 percenthigheer revenues. GE's stock (NYSE: GE) was at $12.19, off 8 shortly before noon.
sábado, 24 de noviembre de 2012
Stadium deal faces injunction attempt - San Francisco Business Times:
ogarawo.wordpress.com
Grace Solares and Elvis Cruz, who filed suit in filed an emergency motion Monday in an effort to stop the sale of thebondzs altogether. A copy of the temporary injunctionn motion provided by the plaintiffes alleges the county is exceeding its constitutionak tax and spending powers by issuing bondsx tied to the professionalsportws tax/tourist development tax. As a resulf of the motion and to avoid a cloux that could affect the interest rate onthe bonds, the countty has pushed back the bond sale Miami-Dade spokeswoman Vicki Mallettw said. However, the closing date for all the bondsx remainsJuly 14.
The county had alreadhy planned to push back the bond closing date due to a requesty change on how some financing fees are paidto , which has provided the county with a lettetr of credit for the project. Wachovia’s letter of credit is for two yearxs atapproximately $100 million. The Wachovis change would require an amendmenty to the bond ordinance that allowed the county to issur Professional Sports Franchise Tax and Tourist DevelopmentrTax bonds. County commissioners will get a chance to consider the changer at a special meeting on A public hearing and second readinyg is scheduled forJune 30.
If countt commissioners approve theWachovia change, the three partie would have until mid-July to close on instead of the end of June. Miami-Dader County and the parties also will be given untilJuly 15, instear of July 1, to pull out of the The change would not impact the projected financing expenditures the county commission already has reviewed, according to a statemenyt from County Manager George Burgess. “Oud confidence in the project and its underlyinb funding plan has not he said in a statementgon Monday.
On Burgess also wants to make “minodr technical corrections” to the county deed that conveys two parceld to the city of Miami for the stadium Burgess also is working with Miami to modifyh the deed on the stadium site to reflect the changwe inthe deal’s new termination The city of Miami commission will meet Thursday to consider the Wachoviaa change. In April, county commissioneras approved issuing bonds totalingf a maximumof $536 million toward constructionm of the $640 37,000-seat ballpark.
Grace Solares and Elvis Cruz, who filed suit in filed an emergency motion Monday in an effort to stop the sale of thebondzs altogether. A copy of the temporary injunctionn motion provided by the plaintiffes alleges the county is exceeding its constitutionak tax and spending powers by issuing bondsx tied to the professionalsportws tax/tourist development tax. As a resulf of the motion and to avoid a cloux that could affect the interest rate onthe bonds, the countty has pushed back the bond sale Miami-Dade spokeswoman Vicki Mallettw said. However, the closing date for all the bondsx remainsJuly 14.
The county had alreadhy planned to push back the bond closing date due to a requesty change on how some financing fees are paidto , which has provided the county with a lettetr of credit for the project. Wachovia’s letter of credit is for two yearxs atapproximately $100 million. The Wachovis change would require an amendmenty to the bond ordinance that allowed the county to issur Professional Sports Franchise Tax and Tourist DevelopmentrTax bonds. County commissioners will get a chance to consider the changer at a special meeting on A public hearing and second readinyg is scheduled forJune 30.
If countt commissioners approve theWachovia change, the three partie would have until mid-July to close on instead of the end of June. Miami-Dader County and the parties also will be given untilJuly 15, instear of July 1, to pull out of the The change would not impact the projected financing expenditures the county commission already has reviewed, according to a statemenyt from County Manager George Burgess. “Oud confidence in the project and its underlyinb funding plan has not he said in a statementgon Monday.
On Burgess also wants to make “minodr technical corrections” to the county deed that conveys two parceld to the city of Miami for the stadium Burgess also is working with Miami to modifyh the deed on the stadium site to reflect the changwe inthe deal’s new termination The city of Miami commission will meet Thursday to consider the Wachoviaa change. In April, county commissioneras approved issuing bonds totalingf a maximumof $536 million toward constructionm of the $640 37,000-seat ballpark.
miércoles, 21 de noviembre de 2012
Qualifying businesses to receive flat power rate - Weekly News Journal
xszeyluje.blogspot.com
Qualifying businesses to receive flat power rate Weekly News Journal RUPERT â€" New and current businesses providing a decent wage and benefits for at least 11 additional employees will qualify for a flat rate energy charge. The city council agreed to a resolution providing the savings during its recent council meeting. |
martes, 20 de noviembre de 2012
Unions to Paterson: See you in court - The Business Review (Albany):
bengeyqafiba1640.blogspot.com
That announcement, made Wednesday, heightens the political battlw that unions and Paterson are Paterson says the cuts are necessaruy to help balancethe state’s finances, while union leaders say Paterson has refused to accepg any of their suggested alternatives to layoffs. The 8,700 layoffes are scheduled to occur byJuly 1, savin g the state $481 million over two The scheduled layoffs affect roughly 4 percent of the state’s total work force. For unions have rejected requests from Paterson to reopehn their contracts and waive a salary increase for thisfiscakl year, which began April 1.
“Wre think he [Paterson] needs a good or he at least needs to share whatdrugs he’s on, because he’s not makint any sense to our members,” said Danny Donohue, president of the 300,000-member . [To view a videpo clip of the press click ]. “If this governor doesn’t need mentalp health services, I don’t know who does,” Donohue added, referrinfg to a state agency that’s been targetedf for job cuts. Donohuer joined Ken Brynien, president of the , at a pressz conference. The two met with Paterson and his stafthis week, and said they intend to continue discussion this week and next.
The union leaders repeated alternatives to layoffzthat they’ve offered to Paterson before, such as gettin g rid of the private contractors that work for the They also said the layoffs would threaten the safety of the state’s citizens and result in noticeable declines in “I’m here to say that we haven’t changefd our position,” Brynien said. “There’s no real reason for this to Paterson, in a letter to union membera on Tuesday, said that the unions forced him to lay off He encouraged state workers to voice theid opinions to theirunion representatives. “I asked our state’w public employee unions to makemodest concessions.
I did not make this reques lightly,” Paterson wrote. “Regrettably, our state’s public employee unions refused to consider any concessiondsat all. “This decision is one of the most difficult I have ever had to he added. “I do not want to see anyone losetheir job, particularly in this economic climate.” Donohue said that letter violates labort laws governing the proper process of negotiating contracts. “Hd tried to negotiate with ourmemberx directly. He decided to go around us,” Donohuw said. “That letter, in our opinion, is a violationh of labor standards.
” A spokeswoman for Paterson declined commenf on the threat of a Any state layoffs would likely hit thelocao economy. The state has more than 200,000 workers, and aboutr one-fourth of those jobs—52,200 in all—aree located in the Albany-Schenectady-Troy area. “We will fight like hell for everhy memberwe have,” Donohue said. “Wd won’t roll over and play dead for the but we understand the fiscalcrisis we’r in.” Reporters noted that workers in the private-sectoe have been subject to pay cuts, furloughs or layoffs during the ongoingh recession, and asked why public employees shoulx be immune from those pressures.
“Wde are not exempt from what’s happening to peopld in the private sector. We all pay taxes, and we’rse all the middle Brynien said. “But we shouldn’t have an extra burden just because thestate can’t managed its money.” “We’re ready to keep what we’ve earned,” Donohue “We’ve earned it.”
That announcement, made Wednesday, heightens the political battlw that unions and Paterson are Paterson says the cuts are necessaruy to help balancethe state’s finances, while union leaders say Paterson has refused to accepg any of their suggested alternatives to layoffs. The 8,700 layoffes are scheduled to occur byJuly 1, savin g the state $481 million over two The scheduled layoffs affect roughly 4 percent of the state’s total work force. For unions have rejected requests from Paterson to reopehn their contracts and waive a salary increase for thisfiscakl year, which began April 1.
“Wre think he [Paterson] needs a good or he at least needs to share whatdrugs he’s on, because he’s not makint any sense to our members,” said Danny Donohue, president of the 300,000-member . [To view a videpo clip of the press click ]. “If this governor doesn’t need mentalp health services, I don’t know who does,” Donohue added, referrinfg to a state agency that’s been targetedf for job cuts. Donohuer joined Ken Brynien, president of the , at a pressz conference. The two met with Paterson and his stafthis week, and said they intend to continue discussion this week and next.
The union leaders repeated alternatives to layoffzthat they’ve offered to Paterson before, such as gettin g rid of the private contractors that work for the They also said the layoffs would threaten the safety of the state’s citizens and result in noticeable declines in “I’m here to say that we haven’t changefd our position,” Brynien said. “There’s no real reason for this to Paterson, in a letter to union membera on Tuesday, said that the unions forced him to lay off He encouraged state workers to voice theid opinions to theirunion representatives. “I asked our state’w public employee unions to makemodest concessions.
I did not make this reques lightly,” Paterson wrote. “Regrettably, our state’s public employee unions refused to consider any concessiondsat all. “This decision is one of the most difficult I have ever had to he added. “I do not want to see anyone losetheir job, particularly in this economic climate.” Donohue said that letter violates labort laws governing the proper process of negotiating contracts. “Hd tried to negotiate with ourmemberx directly. He decided to go around us,” Donohuw said. “That letter, in our opinion, is a violationh of labor standards.
” A spokeswoman for Paterson declined commenf on the threat of a Any state layoffs would likely hit thelocao economy. The state has more than 200,000 workers, and aboutr one-fourth of those jobs—52,200 in all—aree located in the Albany-Schenectady-Troy area. “We will fight like hell for everhy memberwe have,” Donohue said. “Wd won’t roll over and play dead for the but we understand the fiscalcrisis we’r in.” Reporters noted that workers in the private-sectoe have been subject to pay cuts, furloughs or layoffs during the ongoingh recession, and asked why public employees shoulx be immune from those pressures.
“Wde are not exempt from what’s happening to peopld in the private sector. We all pay taxes, and we’rse all the middle Brynien said. “But we shouldn’t have an extra burden just because thestate can’t managed its money.” “We’re ready to keep what we’ve earned,” Donohue “We’ve earned it.”
domingo, 18 de noviembre de 2012
600 evacuated from burning Tamweel Tower - Khaleej Times
humojo.wordpress.com
Khaleej Times | 600 evacuated from burning Tamweel Tower Khaleej Times Residents of the Tamweel Tower woke up to fire alarms early on Sunday morning as a fire which started on one of the top floors of the building spread to the lower floors and raged for over six hours, sweeping through homes and cars in its wake. Rescue ... Dubai High-Rise Fire Evacu ation: No Casualties Reported So Far [VIDEO] |
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