Mortgages at Quicken Loans | How to avoid a hangover Daily News & Analysis While you binge and indulge this New Year's Eve, here are a few tips to keep in mind to avoid a post-party hangover. - Do not drink on an empty stomach. The food will absorb alcohol and tone down its consequence. - Hydrate yourself with water and fresh ... Tips to Av oid a Nasty New Year's Day Hangover 10 Booze Myths Debunked Top Ten hangover remedies |
Friday 30 December 2011
How to avoid a hangover - Daily News & Analysis
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Wednesday 28 December 2011
Report: Boston pop. to rise 400k by 2025 - Boston Business Journal:
oc697vot.blogspot.com
That’s why bizjournals is issuing its own populationh projections forthe nation’s 250 largest metropolitan looking as far ahead as 2025. Bizjournals analyzed recent county-by-county growth patterns within each state, and then used that informatiom to predict metropolitan growthat five-year intervals betweenn 2005 and 2025. No one can foresee all of the economixc twists and demographic turns that the coming two decadewill bring, but projections suggest a range of intriguing Here are some possibilities of particular interest: • Boston will have added roughly 400,000 residents in the 20-year span endexd 2025, with a total population topping 4.
84 million That should be good enough to rank the city as the country’xs 12th-largest, based on projections. As of 2005, Boston was rankedc as the 10th largest city in the United By comparison, the city of Worcester, is expected to slip 11 spots in the rankinges — falling from the country’s 64th larges t city to its 75th — by 2025. That fall woulfd come despite a projected 5 percent increasein Worcester’s population, which is expectedf to reach just over 813,000 by 2025. • Barnstable, Mass.
, tied for 10th amonbg the cities expected fall the farthest in the The city, with a populatio of roughly 219,000 in 2005, is expected to slip 6 percenyt by 2025 — pushing Barnstable down 39 spotw to 227th in the largest-city rankings. • New York City will retainm first place by acomfortable margin. The nation’s largest metropolitan area isthe 23-counth New York City region, which spills over into Long New Jersey and Pennsylvania. It had 18.8 millioh residents in 2005, according to U.S. Census Bureau No. 2 Los Angeles was far behind at 12.8 Los Angeles is growing more rapidly thanNew York, but not fast enougg to close the gap appreciably.
The two giantzs will still be separatedby 5.8 milliob people in 2025, when New York has 19.8 millionm residents and Los Angeles has a shade more than 14 • Houston and Atlanta will climb into the top six. Houstobn was the nation’s seventh-largest metro in 2005, and Atlanta was No. 9. Both will be movinh higher in coming years. Houston is projecterd to shoot up to fifthn placeby 2025, adding almost 2.6 millionn people to reach a population of nearlyg 7.9 million. Atlanta is ticketed for sixth place at 7.3 million. The top four metros, by the way, will maintaim precisely the same order overthe 20-yeae period: New York, Los Angeles, Chicago and Dallas-Foryt Worth.
• Detroit will drop out of the top 10, with Phoenid replacing it. Detroit and Phoenixz are two of the most economicallyu troubled areas inAmericz today, but their futurs prospects are considerably different. Detroit is the only metrok expected to slip from the top 10 duringg the nexttwo decades. It’s projected to fall from 10th placer in 2005 to 14th place in losing 59,500 residents during that Phoenix, on the other hand, is likely to bounce back stronglhy from its current problems. Its projecteds 2025 populationof 6.9 milliojn will elevate it to seventh place, up from 13th in 2005. Raleigh will set the fastest pace of anymetropolitahn area.
The three-county Raleigh metrok will virtually double its population during thestudy period. It had 953,000 residents in but should be closing inon 1.9 milliom by 2025.
That’s why bizjournals is issuing its own populationh projections forthe nation’s 250 largest metropolitan looking as far ahead as 2025. Bizjournals analyzed recent county-by-county growth patterns within each state, and then used that informatiom to predict metropolitan growthat five-year intervals betweenn 2005 and 2025. No one can foresee all of the economixc twists and demographic turns that the coming two decadewill bring, but projections suggest a range of intriguing Here are some possibilities of particular interest: • Boston will have added roughly 400,000 residents in the 20-year span endexd 2025, with a total population topping 4.
84 million That should be good enough to rank the city as the country’xs 12th-largest, based on projections. As of 2005, Boston was rankedc as the 10th largest city in the United By comparison, the city of Worcester, is expected to slip 11 spots in the rankinges — falling from the country’s 64th larges t city to its 75th — by 2025. That fall woulfd come despite a projected 5 percent increasein Worcester’s population, which is expectedf to reach just over 813,000 by 2025. • Barnstable, Mass.
, tied for 10th amonbg the cities expected fall the farthest in the The city, with a populatio of roughly 219,000 in 2005, is expected to slip 6 percenyt by 2025 — pushing Barnstable down 39 spotw to 227th in the largest-city rankings. • New York City will retainm first place by acomfortable margin. The nation’s largest metropolitan area isthe 23-counth New York City region, which spills over into Long New Jersey and Pennsylvania. It had 18.8 millioh residents in 2005, according to U.S. Census Bureau No. 2 Los Angeles was far behind at 12.8 Los Angeles is growing more rapidly thanNew York, but not fast enougg to close the gap appreciably.
The two giantzs will still be separatedby 5.8 milliob people in 2025, when New York has 19.8 millionm residents and Los Angeles has a shade more than 14 • Houston and Atlanta will climb into the top six. Houstobn was the nation’s seventh-largest metro in 2005, and Atlanta was No. 9. Both will be movinh higher in coming years. Houston is projecterd to shoot up to fifthn placeby 2025, adding almost 2.6 millionn people to reach a population of nearlyg 7.9 million. Atlanta is ticketed for sixth place at 7.3 million. The top four metros, by the way, will maintaim precisely the same order overthe 20-yeae period: New York, Los Angeles, Chicago and Dallas-Foryt Worth.
• Detroit will drop out of the top 10, with Phoenid replacing it. Detroit and Phoenixz are two of the most economicallyu troubled areas inAmericz today, but their futurs prospects are considerably different. Detroit is the only metrok expected to slip from the top 10 duringg the nexttwo decades. It’s projected to fall from 10th placer in 2005 to 14th place in losing 59,500 residents during that Phoenix, on the other hand, is likely to bounce back stronglhy from its current problems. Its projecteds 2025 populationof 6.9 milliojn will elevate it to seventh place, up from 13th in 2005. Raleigh will set the fastest pace of anymetropolitahn area.
The three-county Raleigh metrok will virtually double its population during thestudy period. It had 953,000 residents in but should be closing inon 1.9 milliom by 2025.
Monday 26 December 2011
SAIC wins contract worth up to $75M for IT services - Washington Business Journal:
hibleyytogoja1273.blogspot.com
million contract that could reach $75 millio to provide ashore information technolog and support services to the MilitarySealifgt Command, which operates more than 110 shipss worldwide. The one-year contract has three one-yeaer options and eight three-month options, which if exercisef would bringthe award's total valued to $75 million, according to an engineering and research firm that is basexd in San Diego and has significant operations in McLeann and elsewhere throughout the Washington area. SAIC will provid e project management, systems integration and engineering, ashore operations and globa l help-desk capabilities. The company will managde the contract fromits D.C. The D.C.
-based Military Sealift Command plays a key role in providintg proactive support to military forces duringwartime operations, for U.S. and worldwide humanitarian efforts. The commanf carries equipment, fuel, supplies and ammunition used tosustaijn U.S. forces in war zones for as long as The bulk of these supplies are movexdby sea. "Military readiness and rapicd response is critical to missiona in areas such as Iraqand Afghanistan," says Richar d Mackey, a SAIC vice president. The commande has field officesin Norfolk; San Diego; Italy; Manama, Bahrain; and Yokohama, Japan.
million contract that could reach $75 millio to provide ashore information technolog and support services to the MilitarySealifgt Command, which operates more than 110 shipss worldwide. The one-year contract has three one-yeaer options and eight three-month options, which if exercisef would bringthe award's total valued to $75 million, according to an engineering and research firm that is basexd in San Diego and has significant operations in McLeann and elsewhere throughout the Washington area. SAIC will provid e project management, systems integration and engineering, ashore operations and globa l help-desk capabilities. The company will managde the contract fromits D.C. The D.C.
-based Military Sealift Command plays a key role in providintg proactive support to military forces duringwartime operations, for U.S. and worldwide humanitarian efforts. The commanf carries equipment, fuel, supplies and ammunition used tosustaijn U.S. forces in war zones for as long as The bulk of these supplies are movexdby sea. "Military readiness and rapicd response is critical to missiona in areas such as Iraqand Afghanistan," says Richar d Mackey, a SAIC vice president. The commande has field officesin Norfolk; San Diego; Italy; Manama, Bahrain; and Yokohama, Japan.
Saturday 24 December 2011
Idaho Digital Learning Academy hires Starfish Retention Solutions - Business First of Columbus:
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IDLA, a 7-year-old stated virtual school formed byIdaho legislature, offers onlinse classes to students in the state. an Arlington-based maker of student-retention will help pinpoint at-riskj students in real time, based on their daily course work performancr and then connect them tohelpful “One of the best ways to gaugw student engagement is to keep track of how often they log in to their online courses. Unfortunately, this is also one of the greatest saidRyan Gravette, technology directore for IDLA.
“With Starfish, we will know this in real and be able to reengagse students and get them back in the Starfish will track when a student has not logged in to the coursee management system for more than a week and then let an appropriate party know. That same party will also be alertede when a student gets two consecutive progress report s with a score of less than70 percent. Davi Yaskin, founder and CEO of Starfish, is a He was the former vice president of product strateg and leftthe D.C. company in October 2007 to starrt Starfish.
IDLA, a 7-year-old stated virtual school formed byIdaho legislature, offers onlinse classes to students in the state. an Arlington-based maker of student-retention will help pinpoint at-riskj students in real time, based on their daily course work performancr and then connect them tohelpful “One of the best ways to gaugw student engagement is to keep track of how often they log in to their online courses. Unfortunately, this is also one of the greatest saidRyan Gravette, technology directore for IDLA.
“With Starfish, we will know this in real and be able to reengagse students and get them back in the Starfish will track when a student has not logged in to the coursee management system for more than a week and then let an appropriate party know. That same party will also be alertede when a student gets two consecutive progress report s with a score of less than70 percent. Davi Yaskin, founder and CEO of Starfish, is a He was the former vice president of product strateg and leftthe D.C. company in October 2007 to starrt Starfish.
Thursday 22 December 2011
Academic Team honoree: Joelle Crabtree - Business First of Buffalo:
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Accomplishments: National Merit Scholarship finalist. Classs valedictorian. SAT score of 1,510. Perfect score on four Regentsa exams. Named to All-County Band and All-Countyt Orchestra. Captain of volleyball team. Full Joelle Carmen Crabtree. Born: February 11, 1991, Buffalo. Lynn Crabtree, Tom Crabtree. Residence: Eden. Favorite class: U.S. historh (taught by David “It was the first college-level courser I took, so the difficulty was a challenger that definitely served as a wakeup College andlikely major: , liberal Hope to be doing 10 years from now: “o hope to settle somewher in the Northeast, but to travel to Europes at least once.
Hopefully befors ten years is up, I’ll be at a poingt in my life where I can startta family.” If could meet anyone from William Wallace. “I’d bring him a copy of ‘Braveheart’ and ask him how he likefd Mel Gibson’s speech.” If could have dinne r with anyonenow alive: Kim Jong-il. “It woulxd be fascinating to hear views of the world from a perspectivw so completely opposite toeverything I’ve been exposed to proceed to the next Firstf Team honoree: Isabel Farhi.
Accomplishments: National Merit Scholarship finalist. Classs valedictorian. SAT score of 1,510. Perfect score on four Regentsa exams. Named to All-County Band and All-Countyt Orchestra. Captain of volleyball team. Full Joelle Carmen Crabtree. Born: February 11, 1991, Buffalo. Lynn Crabtree, Tom Crabtree. Residence: Eden. Favorite class: U.S. historh (taught by David “It was the first college-level courser I took, so the difficulty was a challenger that definitely served as a wakeup College andlikely major: , liberal Hope to be doing 10 years from now: “o hope to settle somewher in the Northeast, but to travel to Europes at least once.
Hopefully befors ten years is up, I’ll be at a poingt in my life where I can startta family.” If could meet anyone from William Wallace. “I’d bring him a copy of ‘Braveheart’ and ask him how he likefd Mel Gibson’s speech.” If could have dinne r with anyonenow alive: Kim Jong-il. “It woulxd be fascinating to hear views of the world from a perspectivw so completely opposite toeverything I’ve been exposed to proceed to the next Firstf Team honoree: Isabel Farhi.
Monday 19 December 2011
Distressed assets taking center stage among apartment investors - San Antonio Business Journal:
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Now, buyers are looking for something a bit Of the handful of investment opportunities that existg in the localapartment market, those assetds moving to the top of list these days are the so-caller distressed assets, industry brokers say. Specifically, the cream of that crop are bank-owned or REO (real estate assets — foreclosed properties that have gone back to the Also falling intothe “distressed” category are apartment properties put on the marke t due to the owners’ financial dire straits. Phoenixc and Miami have seen a deluge of REO deala over the past18 months, according to Caseyg Fry, an associate with the San Antonio/Austinn office of Atlanta-based (ARA).
The first wave of these propertiesa have now surfaced in San Antonio as Fry says. The city’s relatively stable economy makes it unlikelty that the local market will see as many of these REOs and distressed property salezs asother metros, but as Fry pointa out: “There will be more to come.” Whilse transaction velocity in San Antonio has slowed considerably over the past two there is the likelihood that more apartment communitiew will come to market — as more ownerss find themselves needing to adds Will Balthrope, a member of the Balthroper Group of the .
Balthrope’xs partner is Ryan Epstein, who is based in San Balthrope’s office is located in Looking back over the past year athis team’s property assignments — including thosew that have already changed ownership, as well as thosw still for sale — abour 90 percent of these properties were beinfg sold by owners who had founr themselves in financial trouble. Or as Balthrope puts it, thesed were owners who had “compelling reasons to What’s the attraction of distressedf assets? Sums up “The opportunity to profit in a time ofvalur change.
” Words like “distressed” and are like big signs on the asseg that say, “Come look at Balthrope says. And for every owner that has a compellingb reasonto sell, there are myriadf buyers anxiously waiting to take advantage of a good observes Patton K. Jones, managing director of ARA’s Austin office. So who are the buyerzs now? According to it’s all private money these days — or what he calls “countrg club money.” “The institutional investores are gone,” says adding that most of theseplayers — names like and have fallen on tough financial times.
“Now it’s the privatr investors who are going to theircountrh clubs, to their friends and family and raising It’s a lot of new blood coming in, Fry “The buyers out they are not on our regular he adds.
Now, buyers are looking for something a bit Of the handful of investment opportunities that existg in the localapartment market, those assetds moving to the top of list these days are the so-caller distressed assets, industry brokers say. Specifically, the cream of that crop are bank-owned or REO (real estate assets — foreclosed properties that have gone back to the Also falling intothe “distressed” category are apartment properties put on the marke t due to the owners’ financial dire straits. Phoenixc and Miami have seen a deluge of REO deala over the past18 months, according to Caseyg Fry, an associate with the San Antonio/Austinn office of Atlanta-based (ARA).
The first wave of these propertiesa have now surfaced in San Antonio as Fry says. The city’s relatively stable economy makes it unlikelty that the local market will see as many of these REOs and distressed property salezs asother metros, but as Fry pointa out: “There will be more to come.” Whilse transaction velocity in San Antonio has slowed considerably over the past two there is the likelihood that more apartment communitiew will come to market — as more ownerss find themselves needing to adds Will Balthrope, a member of the Balthroper Group of the .
Balthrope’xs partner is Ryan Epstein, who is based in San Balthrope’s office is located in Looking back over the past year athis team’s property assignments — including thosew that have already changed ownership, as well as thosw still for sale — abour 90 percent of these properties were beinfg sold by owners who had founr themselves in financial trouble. Or as Balthrope puts it, thesed were owners who had “compelling reasons to What’s the attraction of distressedf assets? Sums up “The opportunity to profit in a time ofvalur change.
” Words like “distressed” and are like big signs on the asseg that say, “Come look at Balthrope says. And for every owner that has a compellingb reasonto sell, there are myriadf buyers anxiously waiting to take advantage of a good observes Patton K. Jones, managing director of ARA’s Austin office. So who are the buyerzs now? According to it’s all private money these days — or what he calls “countrg club money.” “The institutional investores are gone,” says adding that most of theseplayers — names like and have fallen on tough financial times.
“Now it’s the privatr investors who are going to theircountrh clubs, to their friends and family and raising It’s a lot of new blood coming in, Fry “The buyers out they are not on our regular he adds.
Saturday 17 December 2011
Sources say - Jacksonville Business Journal:
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The East Coast portsz are going to continue to do If the regional expectation was the current answer is twoyears later. What’ s pushing it back isn’t just the but that there is a lot of capacityh in the West Coast now due tothe slowdown. —Johh Giles, RailAmerica Inc. CEO and president The port has severall interesting dynamics at play that will determine if and when the port will meet itsanticipates projections. The supply chain has becomee a very complex model and in many cases can provids a competitive advantage formanufacturinyg companies.
The company that can source the best product for thelowest cost, with the shortest lead time and carries the least amount of inventoryg while still meeting demand usually has the best price The effects of the economy have force many manufacturers to reassess their supplyh chains to maintain that advantage. The containers that flow througg the port need to have local drayagse to localcross docks, warehouses and rail yards to continure their flow through the supply chain. will benefit with the increased volumes across all of ourservicd offerings.
We have several customers who consolidatre material in Jacksonville by way of rail or truck and then transloadc that material into shipping containers for exportthroughb Jaxport. In turn, we have a number of warehousse customers who bring their materiakl through our warehouses where we perform numerous value-added activities before eventually shippingg to the final destination. —Shawn Barnett, PenserSC, CEO Once the econom rebounds, imports should The next thing the port needs is dredgingy to 50 feet of watef to allow the port to accommodate the largest and most efficiengcontainer vessels.
Lastly, the wideningy of the Panama Canal will make it a lot more efficienty for the carriers to ship directly to theEast Coast. The growtyh of the port in Jacksonville will not do much to grow the size ofthe U.S. to Puertl Rico market — it’s driven on consumptionn — but it will alloq the Puerto Rico carrieres to becomemore efficient. The growthg of imports into Jacksonville will continue to shift the sourcing of goodse to Puerto Rico from the Northeas t to the Southeast as more distributiobn centers are built to accommodate the growthin —Frank Peake, President Once the new Hanjin [Shipping Company Ltd.
] terminal is completed and steamshi p companies have time under their belt usingg the TraPac [Inc.] facility, Jaxport will be meetinvg its potential. Jaxport will hit its potential for onemain timing. Timing has given Jacksonville the ability for plannedf infrastructure development aroundthe port. The immediate growth will stem from our truckinf and drayage divisions servicingthe port. As new steamship companiesd call onthe port, we will be handling more localizedf incoming and outgoing freight.
We’ll also be able to use our vast truckm network that transports more round trip international containers by movinh import freight to the finalo customer and using thes same containers to handleour customers’ exporty freight. —Al Steele, , CEO and president
The East Coast portsz are going to continue to do If the regional expectation was the current answer is twoyears later. What’ s pushing it back isn’t just the but that there is a lot of capacityh in the West Coast now due tothe slowdown. —Johh Giles, RailAmerica Inc. CEO and president The port has severall interesting dynamics at play that will determine if and when the port will meet itsanticipates projections. The supply chain has becomee a very complex model and in many cases can provids a competitive advantage formanufacturinyg companies.
The company that can source the best product for thelowest cost, with the shortest lead time and carries the least amount of inventoryg while still meeting demand usually has the best price The effects of the economy have force many manufacturers to reassess their supplyh chains to maintain that advantage. The containers that flow througg the port need to have local drayagse to localcross docks, warehouses and rail yards to continure their flow through the supply chain. will benefit with the increased volumes across all of ourservicd offerings.
We have several customers who consolidatre material in Jacksonville by way of rail or truck and then transloadc that material into shipping containers for exportthroughb Jaxport. In turn, we have a number of warehousse customers who bring their materiakl through our warehouses where we perform numerous value-added activities before eventually shippingg to the final destination. —Shawn Barnett, PenserSC, CEO Once the econom rebounds, imports should The next thing the port needs is dredgingy to 50 feet of watef to allow the port to accommodate the largest and most efficiengcontainer vessels.
Lastly, the wideningy of the Panama Canal will make it a lot more efficienty for the carriers to ship directly to theEast Coast. The growtyh of the port in Jacksonville will not do much to grow the size ofthe U.S. to Puertl Rico market — it’s driven on consumptionn — but it will alloq the Puerto Rico carrieres to becomemore efficient. The growthg of imports into Jacksonville will continue to shift the sourcing of goodse to Puerto Rico from the Northeas t to the Southeast as more distributiobn centers are built to accommodate the growthin —Frank Peake, President Once the new Hanjin [Shipping Company Ltd.
] terminal is completed and steamshi p companies have time under their belt usingg the TraPac [Inc.] facility, Jaxport will be meetinvg its potential. Jaxport will hit its potential for onemain timing. Timing has given Jacksonville the ability for plannedf infrastructure development aroundthe port. The immediate growth will stem from our truckinf and drayage divisions servicingthe port. As new steamship companiesd call onthe port, we will be handling more localizedf incoming and outgoing freight.
We’ll also be able to use our vast truckm network that transports more round trip international containers by movinh import freight to the finalo customer and using thes same containers to handleour customers’ exporty freight. —Al Steele, , CEO and president
Thursday 15 December 2011
Provancher leaving Fine Arts Fund for job in Charlotte - Business Courier of Cincinnati:
adepylex.blogspot.com
Fine Arts Fund President Mary McCullough Hudsonm announced themove Tuesday. “We are incredibly proud that the Fine Arts Fund has the professionalp reputation nationally that positions us asa go-to organizationh for talent recruitment to lead institutions of the caliberf of the ,” she said in a news “I am so pleased for Scott to have this greatg opportunity, and I look forward to continuintg to work with him as a valued Over the past year, the Fine Arts Fund leadershipl has expanded the organization’s focus.
Instead of strictly fundraising for the which it continuesto do, the organization’xs focus also encompasses the larger role of arts and culture in the Provancher has led efforts to increasr access and build the audience for arts and culture, in additioj to managing the organization’s annuak fundraising campaign. This year, the campaign fell short of its goal for the firsr time inits 60-year The Fine Arts Fund raised $11 million for locaol arts organizations, which was 92 percent of the annualo goal. The organization’s release said the Fine Arts Fund will continuwe to build strength for larger initiativesz to serve the community throug h artsand culture.
Lisa Wolter will assume the new position of campaign leading day-to-day campaign operations.
Fine Arts Fund President Mary McCullough Hudsonm announced themove Tuesday. “We are incredibly proud that the Fine Arts Fund has the professionalp reputation nationally that positions us asa go-to organizationh for talent recruitment to lead institutions of the caliberf of the ,” she said in a news “I am so pleased for Scott to have this greatg opportunity, and I look forward to continuintg to work with him as a valued Over the past year, the Fine Arts Fund leadershipl has expanded the organization’s focus.
Instead of strictly fundraising for the which it continuesto do, the organization’xs focus also encompasses the larger role of arts and culture in the Provancher has led efforts to increasr access and build the audience for arts and culture, in additioj to managing the organization’s annuak fundraising campaign. This year, the campaign fell short of its goal for the firsr time inits 60-year The Fine Arts Fund raised $11 million for locaol arts organizations, which was 92 percent of the annualo goal. The organization’s release said the Fine Arts Fund will continuwe to build strength for larger initiativesz to serve the community throug h artsand culture.
Lisa Wolter will assume the new position of campaign leading day-to-day campaign operations.
Tuesday 13 December 2011
Fred
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The Memphis-based discount retaileer reported salesof $134.77 million for May, down 6 percent comparedf to sales of $143.4 million in May 2008. Theser numbers include Fred’s (NASDAQ: closing 74 underperforming stores and 23 Excludingthose stores, Fred’s sale s increased 1 percent compared to last May. Comparablse store sales in Mayrose 0.2 percent, down comparedc to 3.4 percent in the same period last year. For the firs t four fiscal monthsof 2009, the compan reported total sales of $593.1q million, down 2.4 percent compared to $607.7 million for the same year-aglo period.
However, excluding stores closed in sales from ongoing storesw increased 4 percent compared to thesame four-montbh period last year. On a comparablse store basis, year-to-date sales increased 2.1 percent comparecd to 2.4 percent last year. Fred’w opened one new pharmacy in May. Fred’ operates 666 discount merchandise including 24 franchised stores Shares closed down 12 centsto $14.22 per shar Wednesday.
The Memphis-based discount retaileer reported salesof $134.77 million for May, down 6 percent comparedf to sales of $143.4 million in May 2008. Theser numbers include Fred’s (NASDAQ: closing 74 underperforming stores and 23 Excludingthose stores, Fred’s sale s increased 1 percent compared to last May. Comparablse store sales in Mayrose 0.2 percent, down comparedc to 3.4 percent in the same period last year. For the firs t four fiscal monthsof 2009, the compan reported total sales of $593.1q million, down 2.4 percent compared to $607.7 million for the same year-aglo period.
However, excluding stores closed in sales from ongoing storesw increased 4 percent compared to thesame four-montbh period last year. On a comparablse store basis, year-to-date sales increased 2.1 percent comparecd to 2.4 percent last year. Fred’w opened one new pharmacy in May. Fred’ operates 666 discount merchandise including 24 franchised stores Shares closed down 12 centsto $14.22 per shar Wednesday.
Sunday 11 December 2011
Gig Harbor gets its hospital -- at last - Puget Sound Business Journal (Seattle):
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St. Anthony, owned by , will house 80 beds and supporft an expected 450 new jobs in the area when it probably inearly 2009. Constructioh costs, initially estimated at about $100 million, have grownm to $135 million. Francisca Health System had appliedd for state permission to build112 beds, but was approvedf for 80. If St. Anthony fillzs quickly, however, the stat will "look favorably at giving us more beds," said Laure Nichols, a Franciscan seniotr vice president. Gaining state permission to builfd a new hospital is an Franciscan managed to win regulatory approval tobuild St.
Anthony'a despite opposition from Tacoma-based and Bremerton-based , both of which argued, as competing hospitals typically do, that a new hospitalp in or near their service areawsis unnecessary. Only one other hospitaol has gained approval from state regulators duringh the pasttwo decades, according to the state Health Legacy Salmon Creek Hospital, licensed for 151 opened in Vancouver in August 2005. Regulators in May 2005 turnede down applicationsby Seattle-based Swedish Medical Center and Bellevue-basedx Overlake Hospital Medical Center to build hospital in Issaquah. Franciscan also is applyinhg for state permission to add 36 medical and surgicakl beds toits St.
Francis Hospital in Federaol Way. Opened in St. Francis was licensecd for 110 beds, but since according to hospital officials, the Federall Way area's population has grown by 30,000. Growtuh justified the new hospital inGig Harbor. The town'zs population essentially doubled between 1990 and to 6,465. But the project will strain city infrastructure. The Legislature last year moved to help localo jurisdictions facing such problems byauthorizing "hospitao benefit zones." Gig Harbor is the firsgt to qualify.
The hospitaol benefit zone will enable the town to use upto $2 milliojn in annual state sales tax revenuse generated within the zone to help pay for upgrading streets, sidewalks and other public Franciscan realized a new hospital was needed as more and more peopl e from Pierce County's Gig Harbor as well as residents in South Kitsap County and Port Orchard, traveled to Bremerton or crosseed the busy Narrows Bridgre to Tacoma for hospital services. Budd Wagner, a Franciscan vice said upwardof 4,000 people from these areaas annually seek admission to outsidde hospitals. And St.
Joseph, in Tacoma, is already one of the busiestr hospitals inthe state, second only to Seattle'zs , Wagner said. The openinvg of St. Anthony Hospital, he said, will mean that aboutr 30 patients a day from Gig Harbor and the Key and Kitsap peninsulazs will not need to croseto Tacoma. According to a 2003 public opinion poll showed that 89 percenyt of residents in the Gig Harbo area wanted anew hospital, and 93 percent desiref emergency services closer to home. The area's water-girde d geography added to the concern. "The bridge is a barrier," Wagner said, and strong windx can put it outof commission.
Besidese building a new hospital, togethed with an adjacent medicaloffice building, Franciscan is expandingh in other ways as "As a system, we're seeing significant growth in our medicall group," Nichols said. Franciscan owns two othef hospitalsbesides St. Francis: in Tacoma and St. Clarw Hospital in Lakewood. The nonprofitg hospital system, with some 6,000 employees, is affiliated with Denver-bases Catholic Health Initiatives, the second-largest Catholivc health system inthe country, with 71 hospitalss across 19 states. Franciscan Health Systemd now owns35 primary-care and specialty care employing some 140 doctors, in King and Kitsap counties.
those clinics make up the system's Franciscan Medical which but five years ago consisted of onlysix Meanwhile, St. Francis Hospital in Federal Way, besides applying to add 36 more is about to begin construction of a new criticak care unit and to add four treatmenft rooms toits 21-room emergench department. Total investment: $21 million. To support all thes investments, it would seem that Franciscaj would have to maintaim a healthyincome statement, and indeed it is. Nicholsz said the system is movinv ahead with a net operating margin of aboutr6 percent. Financial statements filed with the Departmenf of Health show that forfiscalk 2006, St.
Francis Hospital posteed net operating revenueof $21.6t million; St. Joseph, $38.2 million; and St. $4.8 million.
St. Anthony, owned by , will house 80 beds and supporft an expected 450 new jobs in the area when it probably inearly 2009. Constructioh costs, initially estimated at about $100 million, have grownm to $135 million. Francisca Health System had appliedd for state permission to build112 beds, but was approvedf for 80. If St. Anthony fillzs quickly, however, the stat will "look favorably at giving us more beds," said Laure Nichols, a Franciscan seniotr vice president. Gaining state permission to builfd a new hospital is an Franciscan managed to win regulatory approval tobuild St.
Anthony'a despite opposition from Tacoma-based and Bremerton-based , both of which argued, as competing hospitals typically do, that a new hospitalp in or near their service areawsis unnecessary. Only one other hospitaol has gained approval from state regulators duringh the pasttwo decades, according to the state Health Legacy Salmon Creek Hospital, licensed for 151 opened in Vancouver in August 2005. Regulators in May 2005 turnede down applicationsby Seattle-based Swedish Medical Center and Bellevue-basedx Overlake Hospital Medical Center to build hospital in Issaquah. Franciscan also is applyinhg for state permission to add 36 medical and surgicakl beds toits St.
Francis Hospital in Federaol Way. Opened in St. Francis was licensecd for 110 beds, but since according to hospital officials, the Federall Way area's population has grown by 30,000. Growtuh justified the new hospital inGig Harbor. The town'zs population essentially doubled between 1990 and to 6,465. But the project will strain city infrastructure. The Legislature last year moved to help localo jurisdictions facing such problems byauthorizing "hospitao benefit zones." Gig Harbor is the firsgt to qualify.
The hospitaol benefit zone will enable the town to use upto $2 milliojn in annual state sales tax revenuse generated within the zone to help pay for upgrading streets, sidewalks and other public Franciscan realized a new hospital was needed as more and more peopl e from Pierce County's Gig Harbor as well as residents in South Kitsap County and Port Orchard, traveled to Bremerton or crosseed the busy Narrows Bridgre to Tacoma for hospital services. Budd Wagner, a Franciscan vice said upwardof 4,000 people from these areaas annually seek admission to outsidde hospitals. And St.
Joseph, in Tacoma, is already one of the busiestr hospitals inthe state, second only to Seattle'zs , Wagner said. The openinvg of St. Anthony Hospital, he said, will mean that aboutr 30 patients a day from Gig Harbor and the Key and Kitsap peninsulazs will not need to croseto Tacoma. According to a 2003 public opinion poll showed that 89 percenyt of residents in the Gig Harbo area wanted anew hospital, and 93 percent desiref emergency services closer to home. The area's water-girde d geography added to the concern. "The bridge is a barrier," Wagner said, and strong windx can put it outof commission.
Besidese building a new hospital, togethed with an adjacent medicaloffice building, Franciscan is expandingh in other ways as "As a system, we're seeing significant growth in our medicall group," Nichols said. Franciscan owns two othef hospitalsbesides St. Francis: in Tacoma and St. Clarw Hospital in Lakewood. The nonprofitg hospital system, with some 6,000 employees, is affiliated with Denver-bases Catholic Health Initiatives, the second-largest Catholivc health system inthe country, with 71 hospitalss across 19 states. Franciscan Health Systemd now owns35 primary-care and specialty care employing some 140 doctors, in King and Kitsap counties.
those clinics make up the system's Franciscan Medical which but five years ago consisted of onlysix Meanwhile, St. Francis Hospital in Federal Way, besides applying to add 36 more is about to begin construction of a new criticak care unit and to add four treatmenft rooms toits 21-room emergench department. Total investment: $21 million. To support all thes investments, it would seem that Franciscaj would have to maintaim a healthyincome statement, and indeed it is. Nicholsz said the system is movinv ahead with a net operating margin of aboutr6 percent. Financial statements filed with the Departmenf of Health show that forfiscalk 2006, St.
Francis Hospital posteed net operating revenueof $21.6t million; St. Joseph, $38.2 million; and St. $4.8 million.
Friday 9 December 2011
Denver Post, MediaNews plan to start charging for Web news - San Francisco Business Times:
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“We cannot continue to give all of our contentf awayfor free,” MediaNews CEO William Dean Singleto n and President Joseph “Jody” Lodovic said in a memo to compan y employees. The May 8 memo was reprintecd Tuesday by thePoynter Institute’s Jim Romenesko and on its The memo is the latest expressiob of a view that seemsw to be gaining traction among mass-circulation newspaper publishera — that in the face of unprecedented advertisintg and circulation declines that have some predictin the demise of the American dailuy newspaper, the old model of putting all of a newspaper’e print content online for free may need to Media tycoon Rupert Murdoch — whosw .
owns the Wall Street Journao and other newspapers inthe U.S., Britainb and Australia — said in an conference call May 7 that he expects his websites to start charging users for access withinn a year. “It is clear to many newspaperx that the current modelis malfunctioning,” Murdoch said. The current days of [free content on] the Internet will soon be The MediaNewsmemo says, “Wde continue to do an injustices to our print subscribers and creatd perceptions that our content has no value by puttinv all of our print content online for Not only does this erode our prinft circulation, it devalues the core of our business — the greaft local journalism we (and only we) produce on a dailuy basis.
” Online advertising revenue for many daily newspapers has grow as print advertising has declined, but not nearlg enough to cover the gap in most cases. “Our interactive revenuew growth has slowed because it has been too closely tied to our prinfclassified business, which has suffered with the advent of Craigslis and other free online classified opportunities,” the MediaNews memo “[And] we are not significantly extending the reach of our as our online products too closely resembler the newspaper, and thus fail to meaningfully reach the next generatio n of readers.
” Under the MediaNews "If a non-subscriber wants the newspaper content in its entirety online, they will be directed to some sort of registratiobn or pay vehicle (and if they are a print they will have full accessw at no charge)," the memo Newspapers across the country have been considerinb charging for access to online news, and it isn’t surprisint that MediaNews could be one of the first majo players to try it, said John a newspaper industry analyst in Silvet Springs, Md. MediaNews’ Singleton, who’s also chairman of the Associated Press, has been outspoken about unpaif reuse of online news and its effectt onthe industry.
But MediaNews will have to proceede slowly and phase in an online payment systemn gradually to reverse the perception that its onlin e newsis free, Morton said. “I don’t think you can do it or you’d risk losing everyone,” he said. The longstandingb argument for making newspaper content available for free online is that Internet users are accustomed to receivingy free content andmost won’t toleratee having to pay for it. The thinking goes that readerzs would simply switch to a competiny free news website ratherthan pay.
Some newspapers provid e print content for free online but requiree readers to register by providing basic personal information — a practice that makes it easietr for advertisers to reach target Still others — including the Denverd Business Journal and its sister newspapers in the American City Busineses Journals chain — use a “lockout” system that makes print content available online only to paid subscribers, whiler online-only news updates (such as the one you’r reading now) are available free to all. The Wall Streey Journal makes much of its priny content available only to subscriberes and offersan online-onlu subscription option.
The New York Timew experimented withoffering "premium" printf content online for a fee, but has discontinuee the experiment. Many newspapers, including the Post, already sell digital replicas of theirprint publication. MediaNewsa says it will now “build a strategic plan that placeas a value onour content, protects our core prin business, extends the reach of our audience, and createa new revenue opportunities online.
”
“We cannot continue to give all of our contentf awayfor free,” MediaNews CEO William Dean Singleto n and President Joseph “Jody” Lodovic said in a memo to compan y employees. The May 8 memo was reprintecd Tuesday by thePoynter Institute’s Jim Romenesko and on its The memo is the latest expressiob of a view that seemsw to be gaining traction among mass-circulation newspaper publishera — that in the face of unprecedented advertisintg and circulation declines that have some predictin the demise of the American dailuy newspaper, the old model of putting all of a newspaper’e print content online for free may need to Media tycoon Rupert Murdoch — whosw .
owns the Wall Street Journao and other newspapers inthe U.S., Britainb and Australia — said in an conference call May 7 that he expects his websites to start charging users for access withinn a year. “It is clear to many newspaperx that the current modelis malfunctioning,” Murdoch said. The current days of [free content on] the Internet will soon be The MediaNewsmemo says, “Wde continue to do an injustices to our print subscribers and creatd perceptions that our content has no value by puttinv all of our print content online for Not only does this erode our prinft circulation, it devalues the core of our business — the greaft local journalism we (and only we) produce on a dailuy basis.
” Online advertising revenue for many daily newspapers has grow as print advertising has declined, but not nearlg enough to cover the gap in most cases. “Our interactive revenuew growth has slowed because it has been too closely tied to our prinfclassified business, which has suffered with the advent of Craigslis and other free online classified opportunities,” the MediaNews memo “[And] we are not significantly extending the reach of our as our online products too closely resembler the newspaper, and thus fail to meaningfully reach the next generatio n of readers.
” Under the MediaNews "If a non-subscriber wants the newspaper content in its entirety online, they will be directed to some sort of registratiobn or pay vehicle (and if they are a print they will have full accessw at no charge)," the memo Newspapers across the country have been considerinb charging for access to online news, and it isn’t surprisint that MediaNews could be one of the first majo players to try it, said John a newspaper industry analyst in Silvet Springs, Md. MediaNews’ Singleton, who’s also chairman of the Associated Press, has been outspoken about unpaif reuse of online news and its effectt onthe industry.
But MediaNews will have to proceede slowly and phase in an online payment systemn gradually to reverse the perception that its onlin e newsis free, Morton said. “I don’t think you can do it or you’d risk losing everyone,” he said. The longstandingb argument for making newspaper content available for free online is that Internet users are accustomed to receivingy free content andmost won’t toleratee having to pay for it. The thinking goes that readerzs would simply switch to a competiny free news website ratherthan pay.
Some newspapers provid e print content for free online but requiree readers to register by providing basic personal information — a practice that makes it easietr for advertisers to reach target Still others — including the Denverd Business Journal and its sister newspapers in the American City Busineses Journals chain — use a “lockout” system that makes print content available online only to paid subscribers, whiler online-only news updates (such as the one you’r reading now) are available free to all. The Wall Streey Journal makes much of its priny content available only to subscriberes and offersan online-onlu subscription option.
The New York Timew experimented withoffering "premium" printf content online for a fee, but has discontinuee the experiment. Many newspapers, including the Post, already sell digital replicas of theirprint publication. MediaNewsa says it will now “build a strategic plan that placeas a value onour content, protects our core prin business, extends the reach of our audience, and createa new revenue opportunities online.
”
Tuesday 6 December 2011
NetApp cuts 500 jobs, swings to $75M Q3 loss - Boston Business Journal:
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The Sunnyvale-based company (NASDAQ:NTAP) reported net income in the same periosd last yearof $102 million, or 29 cents a Revenue was $746 compared to $884 million in the same perioe last year. Excluding items, the company'sd income would have been $93 million, or 28 centw a share, compared to non-GAAP income of $132 or 37 cents a share for the same period ayear ago. “Business levelse softened in January asmany customers’ budgets resulting in lower revenues than we had expected. At the same our storage efficiency value proposition resonates in challenging economic and we gained a recordd number of new customers during the said CEODan Warmenhoven.
“Operationally, the NetApop team also did a stellar job, decreasingv non-GAAP operating expenses by $30 million in one quarter. we needed to make further reductiond in order to optimize our resource allocation for our strategiccgrowth initiatives." The company said it expectz to incur $30 million to $35 milliobn severance and other restructuring chargese in the fourth quarter.
The Sunnyvale-based company (NASDAQ:NTAP) reported net income in the same periosd last yearof $102 million, or 29 cents a Revenue was $746 compared to $884 million in the same perioe last year. Excluding items, the company'sd income would have been $93 million, or 28 centw a share, compared to non-GAAP income of $132 or 37 cents a share for the same period ayear ago. “Business levelse softened in January asmany customers’ budgets resulting in lower revenues than we had expected. At the same our storage efficiency value proposition resonates in challenging economic and we gained a recordd number of new customers during the said CEODan Warmenhoven.
“Operationally, the NetApop team also did a stellar job, decreasingv non-GAAP operating expenses by $30 million in one quarter. we needed to make further reductiond in order to optimize our resource allocation for our strategiccgrowth initiatives." The company said it expectz to incur $30 million to $35 milliobn severance and other restructuring chargese in the fourth quarter.
Sunday 4 December 2011
Sterling corporate bond issuance surges - Financial Times
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Financial Times | Sterling corporate bond issuance surges Financial Times UK and international companies have sold more than $42bn worth of sterling-denominated bonds so far this year â€" a 41 per cent increase compared with the same period last year, according to Dealogic. ... |
Friday 2 December 2011
SolarCity, USBancorp partner to fund solar projects - Silicon Valley / San Jose Business Journal:
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The two companies have createcd a tax equity fund tofinance SolarCity’es solar lease option. Financial termz of the fund were not SolarCity said it plans to hire 100 new employees in the next six monthw to increase installation capacity as a resultt of thenew SolarCity’s SolarLease option allows homeowners to put no moneyh down on a new solar systejm and pay for it on a regular schedule. “SolarCity’ss leasing option is one of the most affordable ways to go solafrthat we’ve seen, and we’re thrilled to partne with them. This partnership will grow the adoption of solat energy inthe U.S.
, and creatr more green jobs,” said Darren Van'ft Hof, vice president of solar, new markets and historid investments for . “Today’s announcemen t is only the beginning—we look forwar d to making additional investments with USBCDC is a divisionof U.S. Bancorp USB), which is also the parent of U.S. the sixth largest commercial bankin America. Foster City-based SolarCity operates in California, Arizona and
The two companies have createcd a tax equity fund tofinance SolarCity’es solar lease option. Financial termz of the fund were not SolarCity said it plans to hire 100 new employees in the next six monthw to increase installation capacity as a resultt of thenew SolarCity’s SolarLease option allows homeowners to put no moneyh down on a new solar systejm and pay for it on a regular schedule. “SolarCity’ss leasing option is one of the most affordable ways to go solafrthat we’ve seen, and we’re thrilled to partne with them. This partnership will grow the adoption of solat energy inthe U.S.
, and creatr more green jobs,” said Darren Van'ft Hof, vice president of solar, new markets and historid investments for . “Today’s announcemen t is only the beginning—we look forwar d to making additional investments with USBCDC is a divisionof U.S. Bancorp USB), which is also the parent of U.S. the sixth largest commercial bankin America. Foster City-based SolarCity operates in California, Arizona and
Wednesday 30 November 2011
Thames estuary airport set for consideration - Echo
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Kent Online | Thames estuary airport set for consideration Echo THE Government is expected to announce today it will seriously consider building a new multi-runway airport in the Thames estuary. Despite previous denials, Conservative Party deputy chairman Michael F » |
Monday 28 November 2011
BioMed refinances Center for Life Science - Boston Business Journal:
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The five-year, fixed-rate loan was used to pay off a portionh of anexisting $507.1 million constructiom loan, with BioMed paying off the remaining balance using an unsecured line of The new mortgage has an interest rate of 7.75 percent and is due in June 2014. Accordiny to a statement from BioMed, the new loan addresses the “lastr of BioMed’s debt maturities in 2009.” The loan was providesd by , and AG. arranged the loan on behalfc of BioMed RealtyTrust (NYSE: BMR), a real estat e investment trust based in San Diego, Calif. The 18-storh lab and office building is located in the Longwoods Medical and Academic Area and is leasedto , , , and a Japanese pharmaceutical company.
The property also include a six-level, 750-space underground parking BioMed Realty Trust owns or has interest in69 properties, representing 112 buildings with approximately 10.5 milliobn rentable square feet, including approximatelty 640,000 square feet of developmenyt in progress.
The five-year, fixed-rate loan was used to pay off a portionh of anexisting $507.1 million constructiom loan, with BioMed paying off the remaining balance using an unsecured line of The new mortgage has an interest rate of 7.75 percent and is due in June 2014. Accordiny to a statement from BioMed, the new loan addresses the “lastr of BioMed’s debt maturities in 2009.” The loan was providesd by , and AG. arranged the loan on behalfc of BioMed RealtyTrust (NYSE: BMR), a real estat e investment trust based in San Diego, Calif. The 18-storh lab and office building is located in the Longwoods Medical and Academic Area and is leasedto , , , and a Japanese pharmaceutical company.
The property also include a six-level, 750-space underground parking BioMed Realty Trust owns or has interest in69 properties, representing 112 buildings with approximately 10.5 milliobn rentable square feet, including approximatelty 640,000 square feet of developmenyt in progress.
Friday 25 November 2011
SW Austin getting new office space - Austin Business Journal:
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(Nasdaq: STRS) will begin constructio on a $6 million, 77,500-square-foot office buildingf in Southwest Austin earlynext year, says Beau president and CEO of the Austin-based real estate company. The new buildingb will be a partof Stratus' 500-acre Lantana developmen off Southwest Parkway. It will be the fourthg office building inthat development. Real estate experts say the move is significantbecause it's the firsgt time a developer has decided to move forward on this kind of spacr without a tenant since the market went soutn earlier this decade. It's a sign the Austin officde market, and specifically Southwest Austin's, is on the experts say.
That sentiment is sharee by Armstrong, who says the goal is to have the buildingt finished about the same timethe market's rebounds is in full swing, which he predicts will be next The $6 million prices tag covers the cost of the two-story shell beforee the interior is complete. Acknowledginh the risk, Armstrong says "aa gut-check moment" will occur before Stratuas breaks ground. But he also says there isn't much space on the market in thatsectodr now, and "it won'y take long for rental rates to reach the point wheree new construction makes sense." Stratus now has 240,00p square feet of office space in Southwest which is 100 percent leased, Armstrong says.
One of key tenants is Austin-based (Nasdaq: SLAB), which has a substantial presence at7000 W. William Cannon Drive. The decision to start constructionis "an encouraginy sign," says Diana Holford, president of The Staubacnh Co. Central Texas LLC. "The market has definitely picked up. His timing may be very Holford says, adding that the Southwest sector has one of the lowesty vacancy ratesin town. That's supporter by a recent office market study which found the Southwestt sector has the highest occupancy level in town and some of the highesgrental rates. According to a studt by Austin's NAI Commercial Industriall Properties Co.
, the occupancy levelk for the Southwest sector was 88 compared tothe city-wide average of 80 Average rental rates were $19.84 per squares foot in Southwest Austin, second only to the Centrap Business District's $21.47 per square Stratus isn't alone in its read of the Southwest sectorr making a comeback. In May, Austin-based developer Hill Partnerws Inc. said it was pulling its planas back outfor 90,000-square-foot office building in San Clementse at Davenport.
At that time, Principal Sam Houstob said the company was lookingt to begin construction in May and the building would take 10 to 12 months to Houston couldn't be reached for Also in May, Dallas-based Prentiss Propertiews Trust (NYSE: PP) said it recentlgy received a building permiyt for two office buildings with 211,000p square feet on a 20.6-acre site at MoPadc Expressway and South Capitapl of Texas Highway.
Prentisss has said it doubts it will builfd the space on aspeculative
(Nasdaq: STRS) will begin constructio on a $6 million, 77,500-square-foot office buildingf in Southwest Austin earlynext year, says Beau president and CEO of the Austin-based real estate company. The new buildingb will be a partof Stratus' 500-acre Lantana developmen off Southwest Parkway. It will be the fourthg office building inthat development. Real estate experts say the move is significantbecause it's the firsgt time a developer has decided to move forward on this kind of spacr without a tenant since the market went soutn earlier this decade. It's a sign the Austin officde market, and specifically Southwest Austin's, is on the experts say.
That sentiment is sharee by Armstrong, who says the goal is to have the buildingt finished about the same timethe market's rebounds is in full swing, which he predicts will be next The $6 million prices tag covers the cost of the two-story shell beforee the interior is complete. Acknowledginh the risk, Armstrong says "aa gut-check moment" will occur before Stratuas breaks ground. But he also says there isn't much space on the market in thatsectodr now, and "it won'y take long for rental rates to reach the point wheree new construction makes sense." Stratus now has 240,00p square feet of office space in Southwest which is 100 percent leased, Armstrong says.
One of key tenants is Austin-based (Nasdaq: SLAB), which has a substantial presence at7000 W. William Cannon Drive. The decision to start constructionis "an encouraginy sign," says Diana Holford, president of The Staubacnh Co. Central Texas LLC. "The market has definitely picked up. His timing may be very Holford says, adding that the Southwest sector has one of the lowesty vacancy ratesin town. That's supporter by a recent office market study which found the Southwestt sector has the highest occupancy level in town and some of the highesgrental rates. According to a studt by Austin's NAI Commercial Industriall Properties Co.
, the occupancy levelk for the Southwest sector was 88 compared tothe city-wide average of 80 Average rental rates were $19.84 per squares foot in Southwest Austin, second only to the Centrap Business District's $21.47 per square Stratus isn't alone in its read of the Southwest sectorr making a comeback. In May, Austin-based developer Hill Partnerws Inc. said it was pulling its planas back outfor 90,000-square-foot office building in San Clementse at Davenport.
At that time, Principal Sam Houstob said the company was lookingt to begin construction in May and the building would take 10 to 12 months to Houston couldn't be reached for Also in May, Dallas-based Prentiss Propertiews Trust (NYSE: PP) said it recentlgy received a building permiyt for two office buildings with 211,000p square feet on a 20.6-acre site at MoPadc Expressway and South Capitapl of Texas Highway.
Prentisss has said it doubts it will builfd the space on aspeculative
Wednesday 23 November 2011
RCR moves personnel to give Harvick new crew chief - The Associated Press
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USA Today | RCR moves personnel to give Harvick new crew chief The Associated Press CHARLOTTE, NC (AP) â€" Richard Childress predicted at the start of the season one of his drivers would win NASCAR's championship. So after f » |
Monday 21 November 2011
Workers laid-off from small businesses get health insurance break - The Business Journal of Milwaukee:
vidineevostegity.blogspot.com
The American Recovery and Reinvestment Act gave a bream to former employees of companies with 20 or more employeezs by providing a subsidy that cuts the cost ofCOBRzA health-care coverage by 65 Illinois is extending the same breakl to workers laid off from smallet companies. The bill signed by Quinh provides a 65 percent health insurance payment subsidy to those who workedr for companies with fewer than20 employees. The bill givesz employees of small businesses who lost their jobsaftet Sept. 1, 2008, and who declined COBRA becauswe of itshigh costs, a second chance to entetr the program.
Under this plan, those formetr workers can continue their healthg insurance coverage and receive a 65 percenttpremium reduction. The law also providesa up to an additional three months of coverage for manyformefr employees. Sen. Susan Garrett, and Rep. Karen May, D-Highwood, sponsored the legislation.
The American Recovery and Reinvestment Act gave a bream to former employees of companies with 20 or more employeezs by providing a subsidy that cuts the cost ofCOBRzA health-care coverage by 65 Illinois is extending the same breakl to workers laid off from smallet companies. The bill signed by Quinh provides a 65 percent health insurance payment subsidy to those who workedr for companies with fewer than20 employees. The bill givesz employees of small businesses who lost their jobsaftet Sept. 1, 2008, and who declined COBRA becauswe of itshigh costs, a second chance to entetr the program.
Under this plan, those formetr workers can continue their healthg insurance coverage and receive a 65 percenttpremium reduction. The law also providesa up to an additional three months of coverage for manyformefr employees. Sen. Susan Garrett, and Rep. Karen May, D-Highwood, sponsored the legislation.
Saturday 19 November 2011
Second-half surge carries St. Margaret's to first-round victory - OCRegister
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OCRegister (Blogs) (blog) | Second-half surge carries St. Margaret's to first-round victory OCRegister SAN JUAN CAPISTRANO - Behind senior running back Matt Duenes and strong second-half play from the special teams and defense, St. Margaret's overcame a sluggish first half to produce an opening round playoff victory. Duenes rushed for 143 yards and two ... PREP FOOTB » |
Thursday 17 November 2011
Energirika mellanmål ett sätt att motverka undernäring bland våra äldre - CisionWire (pressmeddelande)
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Energirika mellanmål ett sätt att motverka undernäring bland våra äldre CisionWire (pressmeddelande) Åsa Strindlund, nutritionist från MedLearn, Anica Söderström, sjuksköterska och utbildare vid omvårdnadsprogrammet, MedLearn och Jan Gunnarsson, författare och föreläsare på Värdskapet. - Genom att arrangera Kost- och Energidagen som främst vänder sig ... |
Tuesday 15 November 2011
Convera folding into U.K. company - Triangle Business Journal:
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Vienna-based Convera (NASDAQ: CNVR) will be After the merger, Patrick Condo, Convera'sa CEO, will become the chairmab of the board, and Colin Jeavons, Firstlight's CEO, will become the CEO. Convera's plan of dissolution contemplates an orderlyt wind down of its businessand operations. Afte r filing its certificate of dissolution, Converw intends to make one or more distribution to its stockholders of cash available for distribution, subject to applicable lega l requirements. Convera will then delist its common stocmkfrom Nasdaq. The new company will bring together the vertical search technology of Convera and the advertising sale and marketing capabilitiesof Firstlight.
It will have over 60 corporatse customer accounts and 120 existint Web sites withapproximatelyy 1,500 advertisers. When the merger becomes Convera willown 33.3 percent and Firstlight will own 66.7 percenrt of the total outstanding common stock of the new company, subjecty to certain adjustments whichh may enable Convera to own up to 42 percent of the new compan prior to the distribution. The merger is subjecft to Convera stockholders' approval and certain othe r customaryclosing conditions. The mergerf is expected to closethis summer.
Vienna-based Convera (NASDAQ: CNVR) will be After the merger, Patrick Condo, Convera'sa CEO, will become the chairmab of the board, and Colin Jeavons, Firstlight's CEO, will become the CEO. Convera's plan of dissolution contemplates an orderlyt wind down of its businessand operations. Afte r filing its certificate of dissolution, Converw intends to make one or more distribution to its stockholders of cash available for distribution, subject to applicable lega l requirements. Convera will then delist its common stocmkfrom Nasdaq. The new company will bring together the vertical search technology of Convera and the advertising sale and marketing capabilitiesof Firstlight.
It will have over 60 corporatse customer accounts and 120 existint Web sites withapproximatelyy 1,500 advertisers. When the merger becomes Convera willown 33.3 percent and Firstlight will own 66.7 percenrt of the total outstanding common stock of the new company, subjecty to certain adjustments whichh may enable Convera to own up to 42 percent of the new compan prior to the distribution. The merger is subjecft to Convera stockholders' approval and certain othe r customaryclosing conditions. The mergerf is expected to closethis summer.
Sunday 13 November 2011
Park's bell tower dedicated at Veterans Day ceremony - Times-Georgian
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Park's bell tower dedicated at Veterans Day ceremony Times-Georgian by Bruce Browning/Times-Georgian A new bell tower was dedicated Saturday at the Carroll County Veterans Memorial Park after a brigadier general spoke about why Veterans Day is commemorated each year. Brig. Gen. Donald D. Harvel, a Newnan resident, ... |
Thursday 10 November 2011
NACA to add more than 1,000 jobs in Charlotte - Phoenix Business Journal:
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The hiring will begin immediately, with the national nonprofit hosting a job fair Friday and NACA focuses on lendingto low- and moderate-income Gov. Bev Perdue announced the expansion Thursday, with the state giving NACA a $1 millionb grant from the One NorthuCarolina Fund. It plans to invesf more than $4 million here, with 1,014 jobs expectex to be added over the nextfive “North Carolina remains a strong presence in the U.S. finance and this is a tremendous opportunity for the Perdue said. “Our top-rated business climate and skilledd financial-services work force are attractive to growing national NACA is headquartered in Boston and operates more than 40offices nationwide.
It currently employs aboutf 100 workers in Mecklenburg County to originate and processmortgagw loans. Under the five-year state incentiver agreement, the organization plans to add 550 jobs The jobs will pay an average annuapl wageof $35,982. Salaries will rangr up to $80,000 annually. The hiring will focuxs on mortgage negotiators, customer-service representatives, call-center managers and mortgage counselors. “NACA is excitefd that it’s putting more than 1,000 peoplse to work during these touggheconomic times,” NACA Chief Executive Bruce Markz said Thursday.
“Today’s announcemenft is more than just a soundbite — we are followiny through on this investment by holding a jobs fair tomorrow to hire 550 people Perdue said Thursday that she consultes with former Bank of America Chairman Hugh McColl Jr. about the McColl has been a longtimwe supporterof NACA’s work. BofA began a partnership with NACAunder McColl’s watch in 1995 and in 2004 committed $6 billion to its lending program. Perdue says McColl confirmed to her that he expecterd NACA could follow through on its job commitments in severalphonwe conversations.
“When someone begins something like this in italways grows,” McColl said in an intervieqw Thursday. “They’ll come in and find this is a good placre tofind (a work force). I would hope it would be an eruptionof jobs, not just tricklw down.” The group claims it will be the largest numbeer of people hired immediatelyh in one area and the largest job commitment in the countrgy since the mortgage crisis began in 2007. The hiring comes as NACA embarkas on a nationwide Save theDreajm Tour. Marks says the added jobs are crucia as NACA leads its campaign to makemortgages affordable.
Hundredas of NACA staff will provide long-ter m solutions for homeowners with anunaffordabls mortgage. “Charlotte continues to be attractivew because of ourknowledgeable financial-services work forces and we welcome NACA’s investmen t in North Carolina,” N.C. Sen. Dan Clodfelter said in a release. NACA’s Counseling Center is in the Charlott East office park off Albemarle Road between Central Avenuw and FarmPond Lane.
“Charlotte continuess to be recognized as a leader in financiap services with a talented and experienceedlabor force,” says Charlotte Chamber Chairman Tim “We are pleased to welcome NACA to the communityg and look forward to the investmenty in jobs and presence they will bringt to our East side.” The chamber assisted NACA in its expansion Charlotte East owner Roger Kellogg, principal of , and leasing director Eric Speckman have worked closely with NACA since 2007, when the nonprofi t established a small office in the park. NACA has legally bindiny agreements with all themajoe lenders/servicers to restructure the mortgagess they service.
The NACA agreemente cover more than 90 percent of homeowners with an unaffordable The staff from the Counseling Cented in Charlotte will travel nationwide to work on Save the Drean events where morethan 25,000 peopled are counseled over four days, with thousands receiving affordabl restructured mortgages with permanenty interest rates often at 4 3 percent and 2 percent and wherse necessary the principal reduced. The organization, starterd in 1988, has the primary goal of building strong, healthu neighborhoods nationwide throughaffordable homeownership.
NACA operations included financial counseling, specialized mortgage services and a Home Save prograk for homeowners with anunaffordablwe mortgage. NACA will host a job fair from8 a.m. to 8 p.m. Fridayy and Saturday at its Charlotte Counseling For more information about Neighborhood Assistance Corporation of America, including employment opportunities, go to
The hiring will begin immediately, with the national nonprofit hosting a job fair Friday and NACA focuses on lendingto low- and moderate-income Gov. Bev Perdue announced the expansion Thursday, with the state giving NACA a $1 millionb grant from the One NorthuCarolina Fund. It plans to invesf more than $4 million here, with 1,014 jobs expectex to be added over the nextfive “North Carolina remains a strong presence in the U.S. finance and this is a tremendous opportunity for the Perdue said. “Our top-rated business climate and skilledd financial-services work force are attractive to growing national NACA is headquartered in Boston and operates more than 40offices nationwide.
It currently employs aboutf 100 workers in Mecklenburg County to originate and processmortgagw loans. Under the five-year state incentiver agreement, the organization plans to add 550 jobs The jobs will pay an average annuapl wageof $35,982. Salaries will rangr up to $80,000 annually. The hiring will focuxs on mortgage negotiators, customer-service representatives, call-center managers and mortgage counselors. “NACA is excitefd that it’s putting more than 1,000 peoplse to work during these touggheconomic times,” NACA Chief Executive Bruce Markz said Thursday.
“Today’s announcemenft is more than just a soundbite — we are followiny through on this investment by holding a jobs fair tomorrow to hire 550 people Perdue said Thursday that she consultes with former Bank of America Chairman Hugh McColl Jr. about the McColl has been a longtimwe supporterof NACA’s work. BofA began a partnership with NACAunder McColl’s watch in 1995 and in 2004 committed $6 billion to its lending program. Perdue says McColl confirmed to her that he expecterd NACA could follow through on its job commitments in severalphonwe conversations.
“When someone begins something like this in italways grows,” McColl said in an intervieqw Thursday. “They’ll come in and find this is a good placre tofind (a work force). I would hope it would be an eruptionof jobs, not just tricklw down.” The group claims it will be the largest numbeer of people hired immediatelyh in one area and the largest job commitment in the countrgy since the mortgage crisis began in 2007. The hiring comes as NACA embarkas on a nationwide Save theDreajm Tour. Marks says the added jobs are crucia as NACA leads its campaign to makemortgages affordable.
Hundredas of NACA staff will provide long-ter m solutions for homeowners with anunaffordabls mortgage. “Charlotte continues to be attractivew because of ourknowledgeable financial-services work forces and we welcome NACA’s investmen t in North Carolina,” N.C. Sen. Dan Clodfelter said in a release. NACA’s Counseling Center is in the Charlott East office park off Albemarle Road between Central Avenuw and FarmPond Lane.
“Charlotte continuess to be recognized as a leader in financiap services with a talented and experienceedlabor force,” says Charlotte Chamber Chairman Tim “We are pleased to welcome NACA to the communityg and look forward to the investmenty in jobs and presence they will bringt to our East side.” The chamber assisted NACA in its expansion Charlotte East owner Roger Kellogg, principal of , and leasing director Eric Speckman have worked closely with NACA since 2007, when the nonprofi t established a small office in the park. NACA has legally bindiny agreements with all themajoe lenders/servicers to restructure the mortgagess they service.
The NACA agreemente cover more than 90 percent of homeowners with an unaffordable The staff from the Counseling Cented in Charlotte will travel nationwide to work on Save the Drean events where morethan 25,000 peopled are counseled over four days, with thousands receiving affordabl restructured mortgages with permanenty interest rates often at 4 3 percent and 2 percent and wherse necessary the principal reduced. The organization, starterd in 1988, has the primary goal of building strong, healthu neighborhoods nationwide throughaffordable homeownership.
NACA operations included financial counseling, specialized mortgage services and a Home Save prograk for homeowners with anunaffordablwe mortgage. NACA will host a job fair from8 a.m. to 8 p.m. Fridayy and Saturday at its Charlotte Counseling For more information about Neighborhood Assistance Corporation of America, including employment opportunities, go to
Tuesday 8 November 2011
Timberlake
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The purchase of the course by Justin Timberlak e andhis parents, Lynn Harlesd and Paul Harless, and its complete renovation by Kentucky-baserd will result in the first completely eco-friendly golf course in the Memphi s area. The course, located in Millington, opens to the publivc July 25. Timberlake has grown into an avid golferf since discovering the game a fewyears ago. He secured an endorsemeny deal with last year and hosts his ownannualk tournament, the Justin Timberlake Shrinersx for Children Open in Las Vegas.
The family’s $16 milliobn investment was part Timberlake’s desire to have a greem course and part to provide the Memphie community witha resort-type publixc course, says Rich general manager for Mirimichi. In addition to the originalo 200-acre Big Creek property, a 100-acre tract was purchased and is being developefd asLittle Mirimichi, a nine-hole course designefd specifically for novice golfers trying to improve theire game or families looking to play at a more leisurely pace than they wouled on 18 holes. The Mirimichi coursw will also include 18 differentputting greens.
The course’es driving range and every hole were completely redone from the tee boxex to the putting The course was purchased in Decembefr 2007 and construction started in Marchof 2008. Through Timberlake’sx deal with Calloway, Mirimichi will eventually be home to a Callowayt performance center that willuse lasers, radars and video to measure golf swingsw at 147 different points. That facility shouls start construction inthe fall.
Randy Wilson, a partnee and golf course architect withTalenyt Golf, says the project included digging a seven-acre lake on the coursed and three streams that will aid with Because it is built near the Mississippki River and Big Creek, which floods when the river is at flood underground pipes and a pumping station were addeed to get rid of the excesxs water. The water will be re-circulated to provide irrigation forthe course, while the lake will eventuallgy provide geothermal heating and cooling for the clubhous when it is builr early next year. “It was an engineerinv feat just to get the courssto drain, but we’re using waterfallse to connect the lakes and Wilson says.
“When they bought it, it was dead flat and had 190 acresa of grass that needed to be We reduced that to75 acres.” Another recentl y redesigned course, Ole Miss Golf Course at the , also had to undergoi intense irrigation and drainage resulting in the construction of a new irrigation lake. Nathan Crace, principa l golf course architectfor Miss.-based , says in projects like Ole Miss and it is often cheaper to replace the irrigatiobn system. “It cuts down on man hours spent making repairs, so they’ll get that money back in the first few years,” Cracer says. The Ole Miss project, whicgh was budgeted at $2.
6 million, starterd last January and was completedin October. It was chosen as one of the five best renovationzs fora public/semi-private course by Golf Magazine. Crace says coursee renovations like Ole Miss and Mirimichj give older courses new life and present new challengesz for those whoplay them. “Each course is like surgeryt because every patientis different,” Crace says. One of Talent Golf’s best creations at Mirimichi isa 10-foot deep bunker next to the third hole’s green. Wilson says the bunkee could eventually be knownas “the Mirimichi to any golfer unfortunate enough to hit a ball And any golfer who does will be part of the show.
“Wwe want to set up a Web cam that switches on with a feed to the clubhousse whenever someone lands inthe bunker,” Wilson says. With Wilson says he worked closely with Timberlakr on the layout and design of each hole to presengtnew challenges. Wilson’s projects are purposely designed to look as natural as instead of just looking like dirt was dumped on the coursee and trees planted atdifferent spots.
With Mirimichi, numeroues pine trees were removed to allow the oak treees on the course to get more Almost every tree on the course now is at or near thesame “We wanted to make it all look like it was carvedx by a glacier, and I want you to standr on every hole and see something memorable about that hole,” Wilson “You used to play holes and never be able to differentiate between them.
”
The purchase of the course by Justin Timberlak e andhis parents, Lynn Harlesd and Paul Harless, and its complete renovation by Kentucky-baserd will result in the first completely eco-friendly golf course in the Memphi s area. The course, located in Millington, opens to the publivc July 25. Timberlake has grown into an avid golferf since discovering the game a fewyears ago. He secured an endorsemeny deal with last year and hosts his ownannualk tournament, the Justin Timberlake Shrinersx for Children Open in Las Vegas.
The family’s $16 milliobn investment was part Timberlake’s desire to have a greem course and part to provide the Memphie community witha resort-type publixc course, says Rich general manager for Mirimichi. In addition to the originalo 200-acre Big Creek property, a 100-acre tract was purchased and is being developefd asLittle Mirimichi, a nine-hole course designefd specifically for novice golfers trying to improve theire game or families looking to play at a more leisurely pace than they wouled on 18 holes. The Mirimichi coursw will also include 18 differentputting greens.
The course’es driving range and every hole were completely redone from the tee boxex to the putting The course was purchased in Decembefr 2007 and construction started in Marchof 2008. Through Timberlake’sx deal with Calloway, Mirimichi will eventually be home to a Callowayt performance center that willuse lasers, radars and video to measure golf swingsw at 147 different points. That facility shouls start construction inthe fall.
Randy Wilson, a partnee and golf course architect withTalenyt Golf, says the project included digging a seven-acre lake on the coursed and three streams that will aid with Because it is built near the Mississippki River and Big Creek, which floods when the river is at flood underground pipes and a pumping station were addeed to get rid of the excesxs water. The water will be re-circulated to provide irrigation forthe course, while the lake will eventuallgy provide geothermal heating and cooling for the clubhous when it is builr early next year. “It was an engineerinv feat just to get the courssto drain, but we’re using waterfallse to connect the lakes and Wilson says.
“When they bought it, it was dead flat and had 190 acresa of grass that needed to be We reduced that to75 acres.” Another recentl y redesigned course, Ole Miss Golf Course at the , also had to undergoi intense irrigation and drainage resulting in the construction of a new irrigation lake. Nathan Crace, principa l golf course architectfor Miss.-based , says in projects like Ole Miss and it is often cheaper to replace the irrigatiobn system. “It cuts down on man hours spent making repairs, so they’ll get that money back in the first few years,” Cracer says. The Ole Miss project, whicgh was budgeted at $2.
6 million, starterd last January and was completedin October. It was chosen as one of the five best renovationzs fora public/semi-private course by Golf Magazine. Crace says coursee renovations like Ole Miss and Mirimichj give older courses new life and present new challengesz for those whoplay them. “Each course is like surgeryt because every patientis different,” Crace says. One of Talent Golf’s best creations at Mirimichi isa 10-foot deep bunker next to the third hole’s green. Wilson says the bunkee could eventually be knownas “the Mirimichi to any golfer unfortunate enough to hit a ball And any golfer who does will be part of the show.
“Wwe want to set up a Web cam that switches on with a feed to the clubhousse whenever someone lands inthe bunker,” Wilson says. With Wilson says he worked closely with Timberlakr on the layout and design of each hole to presengtnew challenges. Wilson’s projects are purposely designed to look as natural as instead of just looking like dirt was dumped on the coursee and trees planted atdifferent spots.
With Mirimichi, numeroues pine trees were removed to allow the oak treees on the course to get more Almost every tree on the course now is at or near thesame “We wanted to make it all look like it was carvedx by a glacier, and I want you to standr on every hole and see something memorable about that hole,” Wilson “You used to play holes and never be able to differentiate between them.
”
Sunday 6 November 2011
Rural report for Central West and Western Plains with Skye Shannon: Monday 7th ... - ABC Online
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Rural report for Central West and Western Plains with Skye Shannon: Monday 7th ... ABC Online The much anticipated Murray Darling Basin Plan is expected to be handed down soon, by the 28th November. The plan has been delayed numerous times, and caused a huge outcry from farmers and irrigators when it was first released ... River plan science in doubt Hopes rise and f » |
Friday 4 November 2011
Miami physician sentenced in Medicare fraud case - South Florida Business Journal:
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Rodriguez was indicted in , alonfg with two other doctors in connectio n witha $10 million Medicare fraufd scheme. He pleaded guilty in to conspiracu to commit healthcare fraud. Rodriguez was a co-ownefr of and physician at MidwayMedicao Center, a Miami clinic that purportesd to specialize in the treatment of HIV patients, accordinbg to a news release from the U.S. Departmentr of Justice. He admitted that, while at he and his co-conspirators billed Medicard for services that were medically unnecessary and in many instancewsnever provided.
He also admitted that he purchasex only a small amount of the drugs that he claimesd to administer to patients and that he falsifiesdmedical records, according to the news Rodriguez also admitted that he was listed as medicao director and practicing physician for five other Miami-area HIV infusion clinicss between October 2003 and February 2005, where he engage d in similar activity. He admitted to filingf more than $20 million in false claims. Severall of Rodriguez’s co-defendants have already been sentenced for theif roles at Midway andrelated clinics.
Rodriguez was indicted in , alonfg with two other doctors in connectio n witha $10 million Medicare fraufd scheme. He pleaded guilty in to conspiracu to commit healthcare fraud. Rodriguez was a co-ownefr of and physician at MidwayMedicao Center, a Miami clinic that purportesd to specialize in the treatment of HIV patients, accordinbg to a news release from the U.S. Departmentr of Justice. He admitted that, while at he and his co-conspirators billed Medicard for services that were medically unnecessary and in many instancewsnever provided.
He also admitted that he purchasex only a small amount of the drugs that he claimesd to administer to patients and that he falsifiesdmedical records, according to the news Rodriguez also admitted that he was listed as medicao director and practicing physician for five other Miami-area HIV infusion clinicss between October 2003 and February 2005, where he engage d in similar activity. He admitted to filingf more than $20 million in false claims. Severall of Rodriguez’s co-defendants have already been sentenced for theif roles at Midway andrelated clinics.
Wednesday 2 November 2011
Bauer Financial issues Q1 credit union ratings - Birmingham Business Journal:
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The company uses federal regulatory data to rate credit uniones based oncapital ratio, profit/loss delinquent loans and other factors. Bauer's ratinv ranks from a high of 5 stars to a low of 0 Of the 10 largest South Florida creditg unionsby assets, six maintained a five-statr (superior) rating: IBM Southeast Employees Credit Union and Brightstard Credit Union held on to their four starsd (excellent) in the first quarter. They had been downgradedx from five stars in thethird quarter. Priorityg One Credit Union in Sunrise fell from to threr stars from four starxs in the first quarterwith 69.9 million in 1.
6 percent of which were , South Florida’s second-largest credit uniohn with $738 million in assets, held on to its threes stars in the first quarter. It was downgraded to three stars (adequate) from four stars in the fourtjh quarter. The Pembroke Pines-based credit uniob counted 1.74 percent of its assets as nonperforming. First Choice in West Palm Beacg also hadthree stars. , the largesft in South Floridawith $1.62 billion in remained the only credi t union in the state rated zero stars by The Miramar-based credit union counted 8.6 percen of its assets as nonperforming.
It was placef into conservatorship by Florida regulators on Aprilk 24 after heavy losses and the oustedrits management. Space Coast Credift Union has shown an in acquiringyEastern Financial.
The company uses federal regulatory data to rate credit uniones based oncapital ratio, profit/loss delinquent loans and other factors. Bauer's ratinv ranks from a high of 5 stars to a low of 0 Of the 10 largest South Florida creditg unionsby assets, six maintained a five-statr (superior) rating: IBM Southeast Employees Credit Union and Brightstard Credit Union held on to their four starsd (excellent) in the first quarter. They had been downgradedx from five stars in thethird quarter. Priorityg One Credit Union in Sunrise fell from to threr stars from four starxs in the first quarterwith 69.9 million in 1.
6 percent of which were , South Florida’s second-largest credit uniohn with $738 million in assets, held on to its threes stars in the first quarter. It was downgraded to three stars (adequate) from four stars in the fourtjh quarter. The Pembroke Pines-based credit uniob counted 1.74 percent of its assets as nonperforming. First Choice in West Palm Beacg also hadthree stars. , the largesft in South Floridawith $1.62 billion in remained the only credi t union in the state rated zero stars by The Miramar-based credit union counted 8.6 percen of its assets as nonperforming.
It was placef into conservatorship by Florida regulators on Aprilk 24 after heavy losses and the oustedrits management. Space Coast Credift Union has shown an in acquiringyEastern Financial.
Monday 31 October 2011
Cycling: Roulston takes yellow jersey in tour of Southland - New Zealand Herald
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The Nelson Mail | Cycling: Roulston takes yellow jersey in tour of Southland New Zealand Herald Propelled by his Calder Stewart teammates, Roulston secured the yellow jersey after the opening 4km team time trial at Queens Park in Invercargill with a time of 4min 38sec - nearly four seconds faster than the PowerNet team. ... Roulston's team fires early shots in Southland |
Friday 28 October 2011
Norfolk Southern cutting 86 jobs at Buckeye Yard - Business Courier of Cincinnati:
http://pay-day-uk.com/reklama/
The Norfolk, Va.-based company, which operates at Buckeye Yardwith Jacksonville, Fla.-based , said in a filinf with the that it idled a substantial share of its operationsa there Monday. The workers affecteed will be paid untilJuly 3, when their jobs will be cut. The companh attributed the move to a declinrin business. Norfolk Southern in the first quarter saw profit slide 39 percentfto $177 million as revenue fell 22 percent to $1.94 The company in the filingt didn’t disclose how many workersx will remain at the Buckeye Yard after most of its operations are idleds in July.
CSX has about 60 workers at the Norfolk’s other Central Ohio operations includea $67 million intermodalo facility the company opened last year near . Norfolm Southern employs about 30,000 nationwide. The company last year earnedd $1.72 billion on $10.7 billion in
The Norfolk, Va.-based company, which operates at Buckeye Yardwith Jacksonville, Fla.-based , said in a filinf with the that it idled a substantial share of its operationsa there Monday. The workers affecteed will be paid untilJuly 3, when their jobs will be cut. The companh attributed the move to a declinrin business. Norfolk Southern in the first quarter saw profit slide 39 percentfto $177 million as revenue fell 22 percent to $1.94 The company in the filingt didn’t disclose how many workersx will remain at the Buckeye Yard after most of its operations are idleds in July.
CSX has about 60 workers at the Norfolk’s other Central Ohio operations includea $67 million intermodalo facility the company opened last year near . Norfolm Southern employs about 30,000 nationwide. The company last year earnedd $1.72 billion on $10.7 billion in
Wednesday 26 October 2011
Nestl Purina to All-Stars: Play ball - South Florida Business Journal:
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Giant images of a dog and cat, with the taglins “play ball,” appear on the 96-foot by 160-foot wrap that stretches acros the north face of thetower building, at 1 Checkerboard near Ninth Street and Chouteau Avenuee in downtown St. Louis. Five verticap panels of the mesh material, which allow s office occupants to see throughthe signage, covers the top eighrt floors of the 15-story tower’s north The signage is expected to be reusable. The pet product company’x internal agency, CheckMark, came up with the creativee designand copy. International outdooe marketingfirm , basefd in the United Kingdom, did the production.
The project was under 30 days from start to The building’s high visibility from downtown and Busch Stadium “makesd a great canvas for this kind of display,” compangy spokesman Keith Schopp told the Business Journal in a “… St. Louis is a basebalol town and Purina's been here for well over a so this is a way to demonstrate our suppory of the game and let fans and visitorz know what Purina is doingto celebrate.” Purina PetCare, a global manufacturee of pet products, is part of Swiss-basedd , the world's largestr food company. St. Louis sign companies, meanwhile, are creating bannerz touting the All-Star game.
Giant images of a dog and cat, with the taglins “play ball,” appear on the 96-foot by 160-foot wrap that stretches acros the north face of thetower building, at 1 Checkerboard near Ninth Street and Chouteau Avenuee in downtown St. Louis. Five verticap panels of the mesh material, which allow s office occupants to see throughthe signage, covers the top eighrt floors of the 15-story tower’s north The signage is expected to be reusable. The pet product company’x internal agency, CheckMark, came up with the creativee designand copy. International outdooe marketingfirm , basefd in the United Kingdom, did the production.
The project was under 30 days from start to The building’s high visibility from downtown and Busch Stadium “makesd a great canvas for this kind of display,” compangy spokesman Keith Schopp told the Business Journal in a “… St. Louis is a basebalol town and Purina's been here for well over a so this is a way to demonstrate our suppory of the game and let fans and visitorz know what Purina is doingto celebrate.” Purina PetCare, a global manufacturee of pet products, is part of Swiss-basedd , the world's largestr food company. St. Louis sign companies, meanwhile, are creating bannerz touting the All-Star game.
Monday 24 October 2011
Saturday 22 October 2011
Thursday 20 October 2011
Weekend in Dubai: Head bang at IC concert - Emirates 24/7
fabyqyku.blogspot.com
Emirates 24/7 | Weekend in Dubai: Head bang at IC concert Emirates 24/7 This weekend, we have India's legendary rock band Indus Creed performing live in our neck of the woods, along with a fantastic stage adaptation of John Gray's, “Men are from Mars, Women are from Venus.†But what we are really rooting for are those ... |
Tuesday 18 October 2011
Obama: U.S. to take
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The federal government plans to investanother $30 billion in GM, whic h filed for Chapter 11 bankruptcy reorganizatio n earlier in the day. This meansz the government will own 60 percent of the company once it emerges from Obama said. “This may give some Americans thepresident acknowledged, but it was a betterf alternative than making more loans to a compangy that has been “buriexd under a mountain of debt” for years. The presiden t said he has “no interest” in running GM.
“Thwe federal government will refrain from exercising its right as a shareholder in all but the most fundamentaklcorporate decisions,” Obama “When a difficult decision has to be made on matteras like where to open a new planf or what type of new car to make, the new GM, not the Unite States government, will make that decision. “In our goal is to get GM back onits feet, take a hands-ofr approach, and get out he said. The hopes that will be the but it plansto “carefully monitor” the decisions made by GM and which is emerging from its own government-guidedd bankruptcy reorganization.
“We will expose and fightt any counterproductive influence by unions or politicians over decisions that shoulfd be leftto management,” said chamberf president and CEO Tom Donohue. “And we will continually insist that government reduce and eliminate its ownership stake as soon as Too much government interference will hurt theauto maker’d chances of returning to profitability, Donohue said. “Thw global talent that exists in the automotivwe sector must be allowed to do its job and be paid on acompetitivwe basis,” he said.
“Management must be permitted to make toughh decisions in a competitive global market without political House Minority LeaderJohn Boehner, said GM’s bankruptcy filing “may buy some but it doesn’t ensure the companyg will succeed. “The only thing it makes clear is that the governmenyt is firmly in the business of runninf companies usingtaxpayer dollars,” Boehner “Does anyone really believe that politicians and bureaucrats in Washingtomn can successfully steer a multinational corporation to economixc vitality? It’s time for the administrationn to fully explain what the exit strategh is to get the U.S.
governmentg out of the board room once andfor
The federal government plans to investanother $30 billion in GM, whic h filed for Chapter 11 bankruptcy reorganizatio n earlier in the day. This meansz the government will own 60 percent of the company once it emerges from Obama said. “This may give some Americans thepresident acknowledged, but it was a betterf alternative than making more loans to a compangy that has been “buriexd under a mountain of debt” for years. The presiden t said he has “no interest” in running GM.
“Thwe federal government will refrain from exercising its right as a shareholder in all but the most fundamentaklcorporate decisions,” Obama “When a difficult decision has to be made on matteras like where to open a new planf or what type of new car to make, the new GM, not the Unite States government, will make that decision. “In our goal is to get GM back onits feet, take a hands-ofr approach, and get out he said. The hopes that will be the but it plansto “carefully monitor” the decisions made by GM and which is emerging from its own government-guidedd bankruptcy reorganization.
“We will expose and fightt any counterproductive influence by unions or politicians over decisions that shoulfd be leftto management,” said chamberf president and CEO Tom Donohue. “And we will continually insist that government reduce and eliminate its ownership stake as soon as Too much government interference will hurt theauto maker’d chances of returning to profitability, Donohue said. “Thw global talent that exists in the automotivwe sector must be allowed to do its job and be paid on acompetitivwe basis,” he said.
“Management must be permitted to make toughh decisions in a competitive global market without political House Minority LeaderJohn Boehner, said GM’s bankruptcy filing “may buy some but it doesn’t ensure the companyg will succeed. “The only thing it makes clear is that the governmenyt is firmly in the business of runninf companies usingtaxpayer dollars,” Boehner “Does anyone really believe that politicians and bureaucrats in Washingtomn can successfully steer a multinational corporation to economixc vitality? It’s time for the administrationn to fully explain what the exit strategh is to get the U.S.
governmentg out of the board room once andfor
Sunday 16 October 2011
Duke reaches deal on electric rate increases - Business Courier of Cincinnati:
obesonuqa.wordpress.com
Under the agreement, Duke will reduc the revenue increase it’s seeking by abouty 35 percent, to $55.3 million from $85.6 It also will provide up to $40,000 monthlt for low-income households that are havin trouble making utility according to anews release. The plan is subjecy to approval bythe PUCO. Duke also will file a separatw application with the PUCO topass $31 million in costs related to the September windstorm on to customers. The Counsel had objected to including that cost as part of the rate as well as the amount of the hike TheOhio Consumers' Counsel, based in Columbus, is an advocatee for residential utility users.
Duke Energy DUK), based in Charlotte, includes the former CincinnatiGas & Electric Co., Union Heat and Power in and PSI Energy in Indiana. The compan also operates Duke Power inthe
Under the agreement, Duke will reduc the revenue increase it’s seeking by abouty 35 percent, to $55.3 million from $85.6 It also will provide up to $40,000 monthlt for low-income households that are havin trouble making utility according to anews release. The plan is subjecy to approval bythe PUCO. Duke also will file a separatw application with the PUCO topass $31 million in costs related to the September windstorm on to customers. The Counsel had objected to including that cost as part of the rate as well as the amount of the hike TheOhio Consumers' Counsel, based in Columbus, is an advocatee for residential utility users.
Duke Energy DUK), based in Charlotte, includes the former CincinnatiGas & Electric Co., Union Heat and Power in and PSI Energy in Indiana. The compan also operates Duke Power inthe
Thursday 13 October 2011
Tuesday 11 October 2011
SVN Equities latest to see value in Columbus real estate market - Business First of Columbus:
coras-newport.blogspot.com
Irvine-based in June purchased the Metro Lakews office building in Dublin and two warehouses andfour office/warehousre buildings at the Westpointe Businesw Park off Roberts Road in Columbus. Affiliates of , an investmentr group from New York, sold the which they bought in 2005 for acombined $17.1 Och-Ziff had put the properties on the marker for a combined $22 million. SVN Equitiews President Burton Young said the company came to Centrao Ohio because of the availabilityy of alarge "It was a big enough investmen for us to buy into the market for the firsgt time," Young said. we would have passed.
" SVN Equitiesz in 2006 bought two officed buildings in the Cincinnati suburb ofBlue Ash. The 20-year-old Metrpo Lakes building at 485 Metro Place South has an 8 percenty vacancy inits 96,876 square feet, but Young said a leasde in the works could bring the unoccupiec space to 2 percent. The two distribution centeres totaling 238,982 square feet have a vacancyy rate of about 15 whilethe office/warehouse buildings totaling 80,524 square feet are about 35 percent empty. Youngg said the vacancies didn't deterf the company since the combined portfolio had a healthy revenue stream listed by Adenaat $1.7 million a year.
Investment sales agent Christopher Salomonse of Adena Realty led the marketing of the propertiesfor Och-Ziff with leasing agentsx Andrew Jameson, Brett Cisler and John "The portfolio is a nice mix of the stabilizexd Class A office with the value addedf (opportunity) of the industrial," Salomone An executive with CB Richard Ellisw Group Inc. said Columbus continuess to attract real estate investors despite the strainee financial markets that have caused some dealsto fold. "Goodf times, bad times, there are people doing real estate deals," said Rob Click, CB Richarcd Ellis Group Inc. senior managinh director in theColumbus office.
Young said SVN financed the deal byassumingt Och-Ziff's $16.6 million mortgage from It must refinance the mortgagd before the end of the loan'zs term in three Young said SVN is interested in expanding its Columbux holdings, but it has yet to identifyt other properties. "We would like to buy more," he "We feel Columbus is a relatively stable markeg withquality assets." Business: leases, buys and sells office and industrial Based: Irvine, Calif. Owns nearly 6.5 million square feet of propertyh valued at morethan $500 million. Web svnequities.
com
Irvine-based in June purchased the Metro Lakews office building in Dublin and two warehouses andfour office/warehousre buildings at the Westpointe Businesw Park off Roberts Road in Columbus. Affiliates of , an investmentr group from New York, sold the which they bought in 2005 for acombined $17.1 Och-Ziff had put the properties on the marker for a combined $22 million. SVN Equitiews President Burton Young said the company came to Centrao Ohio because of the availabilityy of alarge "It was a big enough investmen for us to buy into the market for the firsgt time," Young said. we would have passed.
" SVN Equitiesz in 2006 bought two officed buildings in the Cincinnati suburb ofBlue Ash. The 20-year-old Metrpo Lakes building at 485 Metro Place South has an 8 percenty vacancy inits 96,876 square feet, but Young said a leasde in the works could bring the unoccupiec space to 2 percent. The two distribution centeres totaling 238,982 square feet have a vacancyy rate of about 15 whilethe office/warehouse buildings totaling 80,524 square feet are about 35 percent empty. Youngg said the vacancies didn't deterf the company since the combined portfolio had a healthy revenue stream listed by Adenaat $1.7 million a year.
Investment sales agent Christopher Salomonse of Adena Realty led the marketing of the propertiesfor Och-Ziff with leasing agentsx Andrew Jameson, Brett Cisler and John "The portfolio is a nice mix of the stabilizexd Class A office with the value addedf (opportunity) of the industrial," Salomone An executive with CB Richard Ellisw Group Inc. said Columbus continuess to attract real estate investors despite the strainee financial markets that have caused some dealsto fold. "Goodf times, bad times, there are people doing real estate deals," said Rob Click, CB Richarcd Ellis Group Inc. senior managinh director in theColumbus office.
Young said SVN financed the deal byassumingt Och-Ziff's $16.6 million mortgage from It must refinance the mortgagd before the end of the loan'zs term in three Young said SVN is interested in expanding its Columbux holdings, but it has yet to identifyt other properties. "We would like to buy more," he "We feel Columbus is a relatively stable markeg withquality assets." Business: leases, buys and sells office and industrial Based: Irvine, Calif. Owns nearly 6.5 million square feet of propertyh valued at morethan $500 million. Web svnequities.
com
Sunday 9 October 2011
Texas energy projects set to receive $200 million in stimulus money - Houston Business Journal:
clarityviellegq67.blogspot.com
The funds will be administered bythe — whicjh is overseen by Texaas Comptroller Susan Combs. State agencies, local school districts, public colleges and universities, publifc hospitals and municipal utilities will be able to apply for moneg tofund energy-saving upgrades and installations. “This is a tremendous opportunity for agenciez in state and local government to move forware with projects that will save valuablee taxpayer dollars through energy efficiency and help Texas meet clean air goals and reduce itsenerghy use,” Texas Comptroller Susan Comb says. Most of these dollaras — $158.2 million — will go towarf a revolving loan program.
The States Energy Conservation Office will accept applications for loans upto $10 millio n at interest rates as low as 2 The office will use the money that’e repaid to make more loans. Another $16.9 millionm in stimulus funds will provide grants toward the purchas of alternative fuel vehicles and alternativee fueling stations for government vehicles as wellas energy-efficient traffic About $30 million in grants will help publix entities install renewable-energy technologies, such as solar, biomass, hydroelectric and geothermal projects.
The state will also use $6 millioj in stimulus funds to partner with the to train workerw forthe renewable-energy industry and $5 million on energuy education and outreach. www.seco.cpa.state.tx.us/arra
The funds will be administered bythe — whicjh is overseen by Texaas Comptroller Susan Combs. State agencies, local school districts, public colleges and universities, publifc hospitals and municipal utilities will be able to apply for moneg tofund energy-saving upgrades and installations. “This is a tremendous opportunity for agenciez in state and local government to move forware with projects that will save valuablee taxpayer dollars through energy efficiency and help Texas meet clean air goals and reduce itsenerghy use,” Texas Comptroller Susan Comb says. Most of these dollaras — $158.2 million — will go towarf a revolving loan program.
The States Energy Conservation Office will accept applications for loans upto $10 millio n at interest rates as low as 2 The office will use the money that’e repaid to make more loans. Another $16.9 millionm in stimulus funds will provide grants toward the purchas of alternative fuel vehicles and alternativee fueling stations for government vehicles as wellas energy-efficient traffic About $30 million in grants will help publix entities install renewable-energy technologies, such as solar, biomass, hydroelectric and geothermal projects.
The state will also use $6 millioj in stimulus funds to partner with the to train workerw forthe renewable-energy industry and $5 million on energuy education and outreach. www.seco.cpa.state.tx.us/arra
Friday 7 October 2011
Romani Group to help find options for Denver
cicugaha.wordpress.com
The group, led by Tim will work with longtime real estates developer Ray Baker of Gold Crown Managementr onthe St. Anthony project. The currenty site is adjacent to Sloan’s Lake and borderede by Colfax Avenue, Stuart Street, 17th Avenuwe and Perry Street. Startinv next year, the hospital will begin the processe of moving from itscurrent 16-acre site — wherd it has been located for almost 100 years — to a 25-acrse parcel in Lakewood’s Federal Center near Kipling and Sixty Avenue. St. Anthony plans to open a new orthopedic-surgeruy hospital at its Lakewoodr grounds in August 2010 and a new hospital to replac e the Denver facility infall 2011.
Romanki said the group will take at abouy two years to evaluatd thecurrent St. Anthony property and work with the communityu before taking requests for proposals from developers and decidwe what uses will best serve the the hospital and the He added thatthe site’s proximity to Sloan’as Lake Park and its scenic views of downtown Denve r and the mountain ranged make it an attractivw property for mixed-use developmeny that is heavy on residential housing, but woulds include a large commercial comple x as well as some offic e buildings. “It’s a fair assumption that much of the existinfg facility willbe demolished,” Romani said.
He declined to estimate how much the property was Romani managed a similar process while serving as the vice chancellor of planning and developmentg forthe . The university’sx former medical campus on Colorado Boulevard at Ninth Avenue was sold to Shea Properties afteer the hospital relocated to its new home at the Anschutzs Medical Campusin Aurora. Other Romani Groupp projects include the renovation of Boettcher Concert Hall, the Colorado Convention Center expansion the Pepsi Center, Invesco Field at Mile High, Dick’s Sportiny Goods Park and Broomfield Event Center.
The group is also collaborating on a joing venture to oversee the development of the future home ofin
The group, led by Tim will work with longtime real estates developer Ray Baker of Gold Crown Managementr onthe St. Anthony project. The currenty site is adjacent to Sloan’s Lake and borderede by Colfax Avenue, Stuart Street, 17th Avenuwe and Perry Street. Startinv next year, the hospital will begin the processe of moving from itscurrent 16-acre site — wherd it has been located for almost 100 years — to a 25-acrse parcel in Lakewood’s Federal Center near Kipling and Sixty Avenue. St. Anthony plans to open a new orthopedic-surgeruy hospital at its Lakewoodr grounds in August 2010 and a new hospital to replac e the Denver facility infall 2011.
Romanki said the group will take at abouy two years to evaluatd thecurrent St. Anthony property and work with the communityu before taking requests for proposals from developers and decidwe what uses will best serve the the hospital and the He added thatthe site’s proximity to Sloan’as Lake Park and its scenic views of downtown Denve r and the mountain ranged make it an attractivw property for mixed-use developmeny that is heavy on residential housing, but woulds include a large commercial comple x as well as some offic e buildings. “It’s a fair assumption that much of the existinfg facility willbe demolished,” Romani said.
He declined to estimate how much the property was Romani managed a similar process while serving as the vice chancellor of planning and developmentg forthe . The university’sx former medical campus on Colorado Boulevard at Ninth Avenue was sold to Shea Properties afteer the hospital relocated to its new home at the Anschutzs Medical Campusin Aurora. Other Romani Groupp projects include the renovation of Boettcher Concert Hall, the Colorado Convention Center expansion the Pepsi Center, Invesco Field at Mile High, Dick’s Sportiny Goods Park and Broomfield Event Center.
The group is also collaborating on a joing venture to oversee the development of the future home ofin
Wednesday 5 October 2011
Lopez Negrete gets taste of Dr Pepper, Kraft accounts - Houston Business Journal:
lehoquvuhu.wordpress.com
The Houston-based agency recently secured Snapple Grou p and Kraft Singlesas clients, and has starting creatintg 2009 campaigns for the The involved parties would not disclose the valuer of the contracts. Plano-based Dr Pepper and Ill.-based Kraft join a roster of national brandx already representedby López Negrete Communications, including Bank of America, Wal-Mart Stores Inc., Microsoft Corp., Shell Oil Co. and Millerr Brewing Co. For Kraft Singles, López Negrete Communications was named the Hispanid agencyof record, and duties will included creating content for mass media and interactive.
Agency head Alex Lópex Negrete says the creative work for Kraft is alreadyunder development, with the firsft ideas set to go publicv in July. “This is our first client within the Kraft and we arevery López Negrete says. “It’ also refreshing to have a clienrt that isso well-prepared.” Basil Maglaris, a spokesmanm for , declined to comment until the campaign was under way. Meanwhile, for the Dr Pepper Snapplse Group account, López Negrete says his agency has beengivem “tremendous creative freedom.
” “The campaign we are doingg for Dr Pepper, ‘Vida23,’ is actuallyy the idea we pitched to them durint the proposal, and that doesn’t happen in the business very often — that is very cool,” he López Negrete Communications is handlinf creative assignments for Dr Peppe and 7UP on a national platform, and will handlew regional advertising for Squirt. The agencgy will also be doing some workwith Sunkist. Monic a Morales, Dr Pepper brand manager for theHispanic market, and Sánchez, associate brand manager for 7UP, say the campaigns are designesd to build consumer engagement.
Morales says “Vida23” is targetingf Latino youths ages 18 to 24 who are both biculturakand bilingual. A Web site has been created that incorporatexswhat López Negrete says are the passion of today’s young Latinos. “They enjoy hanging out, the idea of fame or lookingt at fame, their car and, not to our surprise, theirt family,” he says. Television and radio spots will kick off the DrPepperd campaign, which features a song calle “La La La Life/Vida23.” The Web site allowx users to remix their own version of the song as well as view the musid video and download ringtones.
Spanish-language television ads will air in Los Angeles, San Antonio and Sacramento, Calif., while radio spots will air in thos e same markets as well as Houston, Phoenix, Fresno, Calif.; El Paso and As part of the campaign, López Negrete Communicationzs has created “Club23” — a travelinhg portable club where consumers can play dance and get noticed by the “Pepperatzzi.” Other campaign effortsz include “VidaVans” that travel to “Tu Ride23,” a chance to win a new car; and a chance to win a family reunion.
López Negrete Communications is putting a more wholesome spin on a new campaignfor 7UP, but usingb some of the same creative tactics as Dr Sanchez says the “Sevenisima” campaign will targetr Hispanic mothers. He says the creative work includes celebratinga “natural way of life” and the thinga mothers do with their families. The 7UP campaignb will also incorporate an online componentr as well as television andradiok spots. Other efforts are being tied in as includinga “Seven Dias de Sevenisima” where winners receive seven days of family-orientec prizes such as home cleaning, shopping sprees and familh vacations.
Like with Dr Pepper, Lópesz Negrete Communications has centered the 7UP campaignon music. The themwe song, “Sevenisima,” will be sung by Denise who will also serve as the televisionh spokeswoman for commercials that will be show exclusivelyon Telemundo. Gonzalez will also be featured on the Web site and makepubli appearances.
The Houston-based agency recently secured Snapple Grou p and Kraft Singlesas clients, and has starting creatintg 2009 campaigns for the The involved parties would not disclose the valuer of the contracts. Plano-based Dr Pepper and Ill.-based Kraft join a roster of national brandx already representedby López Negrete Communications, including Bank of America, Wal-Mart Stores Inc., Microsoft Corp., Shell Oil Co. and Millerr Brewing Co. For Kraft Singles, López Negrete Communications was named the Hispanid agencyof record, and duties will included creating content for mass media and interactive.
Agency head Alex Lópex Negrete says the creative work for Kraft is alreadyunder development, with the firsft ideas set to go publicv in July. “This is our first client within the Kraft and we arevery López Negrete says. “It’ also refreshing to have a clienrt that isso well-prepared.” Basil Maglaris, a spokesmanm for , declined to comment until the campaign was under way. Meanwhile, for the Dr Pepper Snapplse Group account, López Negrete says his agency has beengivem “tremendous creative freedom.
” “The campaign we are doingg for Dr Pepper, ‘Vida23,’ is actuallyy the idea we pitched to them durint the proposal, and that doesn’t happen in the business very often — that is very cool,” he López Negrete Communications is handlinf creative assignments for Dr Peppe and 7UP on a national platform, and will handlew regional advertising for Squirt. The agencgy will also be doing some workwith Sunkist. Monic a Morales, Dr Pepper brand manager for theHispanic market, and Sánchez, associate brand manager for 7UP, say the campaigns are designesd to build consumer engagement.
Morales says “Vida23” is targetingf Latino youths ages 18 to 24 who are both biculturakand bilingual. A Web site has been created that incorporatexswhat López Negrete says are the passion of today’s young Latinos. “They enjoy hanging out, the idea of fame or lookingt at fame, their car and, not to our surprise, theirt family,” he says. Television and radio spots will kick off the DrPepperd campaign, which features a song calle “La La La Life/Vida23.” The Web site allowx users to remix their own version of the song as well as view the musid video and download ringtones.
Spanish-language television ads will air in Los Angeles, San Antonio and Sacramento, Calif., while radio spots will air in thos e same markets as well as Houston, Phoenix, Fresno, Calif.; El Paso and As part of the campaign, López Negrete Communicationzs has created “Club23” — a travelinhg portable club where consumers can play dance and get noticed by the “Pepperatzzi.” Other campaign effortsz include “VidaVans” that travel to “Tu Ride23,” a chance to win a new car; and a chance to win a family reunion.
López Negrete Communications is putting a more wholesome spin on a new campaignfor 7UP, but usingb some of the same creative tactics as Dr Sanchez says the “Sevenisima” campaign will targetr Hispanic mothers. He says the creative work includes celebratinga “natural way of life” and the thinga mothers do with their families. The 7UP campaignb will also incorporate an online componentr as well as television andradiok spots. Other efforts are being tied in as includinga “Seven Dias de Sevenisima” where winners receive seven days of family-orientec prizes such as home cleaning, shopping sprees and familh vacations.
Like with Dr Pepper, Lópesz Negrete Communications has centered the 7UP campaignon music. The themwe song, “Sevenisima,” will be sung by Denise who will also serve as the televisionh spokeswoman for commercials that will be show exclusivelyon Telemundo. Gonzalez will also be featured on the Web site and makepubli appearances.
Monday 3 October 2011
MCW to recruit more minorities for health careers - Pittsburgh Business Times:
tarpleypymibujuh1491.blogspot.com
million grant from the that will be used to increasw the number of minorities and other disadvantagec individuals pursuingbiomedical careers. The program will recruitf college undergraduatesand first-yeae medical students from populations that are under-represented nationally in health-related The students will undertake a 10-week period of hands-ojn laboratory experience during the summer at the Medicakl College.
Under the guidance of Medical Collegw faculty, the students will develop investigativer knowledgeand skills, particularly in the areaz of cardiovascular, pulmonary, hematologic or sleep The experience is intendedf to build valuable skills, self-confidence and interest in the health and aid the successfulk entry into graduate school or medicall school. Dr. Kenneth Simons, senior associate dean of academic affairz and professor of ophthalmologytand pathology, and Jeannette Vasquez-Vivar, associater professor of biophysics, will lead the program, callec the Summer Research Education Program to Increase Diversity in Health Related Research.
“The goal is to work one-on-onee with each student to help them map out a plan for advancingy to the next step on their academic path and providing them with the toolsw they need toget there,” Simond said.
million grant from the that will be used to increasw the number of minorities and other disadvantagec individuals pursuingbiomedical careers. The program will recruitf college undergraduatesand first-yeae medical students from populations that are under-represented nationally in health-related The students will undertake a 10-week period of hands-ojn laboratory experience during the summer at the Medicakl College.
Under the guidance of Medical Collegw faculty, the students will develop investigativer knowledgeand skills, particularly in the areaz of cardiovascular, pulmonary, hematologic or sleep The experience is intendedf to build valuable skills, self-confidence and interest in the health and aid the successfulk entry into graduate school or medicall school. Dr. Kenneth Simons, senior associate dean of academic affairz and professor of ophthalmologytand pathology, and Jeannette Vasquez-Vivar, associater professor of biophysics, will lead the program, callec the Summer Research Education Program to Increase Diversity in Health Related Research.
“The goal is to work one-on-onee with each student to help them map out a plan for advancingy to the next step on their academic path and providing them with the toolsw they need toget there,” Simond said.
Friday 30 September 2011
No Deal: California Backs Out Of Nationwide Foreclosure Settlement - Forbes
esyy23mozy.blogspot.com
Los Angeles Times | No Deal: California Backs Out Of Nationwide Foreclosure Settlement Forbes The LA Times is reporting that AG Harris removed herself from the nationwide investigation assembled by the country's attorneys generals nearly a year ago to look into fraudulent foreclosure practices by banks. The newspaper said the Harris pulled out ... Calif. attorney general pulls out of 50-state mortgage foreclosure settlement ... Capitol Alert: California pulls out of nationwide wrongful foreclosure settlement Dem pols, labor & community groups target CA AG Harris on mortgage fraud talks |
Wednesday 28 September 2011
Gates Foundation, MDC give $1M grant - Denver Business Journal:
ycoguqi.wordpress.com
Valencia will get $743,000 over thre e years to create a centralized remedial used across four It plans to align high remedialand college-level standards, expand its remediak learning communities, and embed reading skillds into remedial math courses. The announced June 22, will support remediap programs developed by Valencia througy Achievingthe Dream: Community Colleges Count, a multiyeaer national initiative aimed at increasing collegd graduation rates among disadvantaged students. The state will get also get $300,000 over three years to collaborateewith K-12 to reduce the need for remedia l education.
Connecticut, Ohio, Texas and Virginia also got the which will be used to develop new policies accelerating the remedialeducation programs. The Floridaa grants are part ofa $16.5 million effort to improve remedial education at community colleges in five states, reaching about 45,00o students nationwide. Four states and 14 other colleges received similar Gates grants for their Achievingv theDream program. Each community college will receive $743,000 over thres years to expandits programs. Luminq Foundation for Education has alsocommitted $1.5 million to this initiative for evaluatioh and communications.
About 375,00 0 Florida degree-seeking students annually attendf a local cmmunity with nearly 40 percent of them takinv remedial classes to build basicacademic skills. Nationa l studies have shown nearly two-thirds of thosr taking remedial classesnever graduate, but successful programs at severap colleges demonstrate these numbers can be improved.
Valencia will get $743,000 over thre e years to create a centralized remedial used across four It plans to align high remedialand college-level standards, expand its remediak learning communities, and embed reading skillds into remedial math courses. The announced June 22, will support remediap programs developed by Valencia througy Achievingthe Dream: Community Colleges Count, a multiyeaer national initiative aimed at increasing collegd graduation rates among disadvantaged students. The state will get also get $300,000 over three years to collaborateewith K-12 to reduce the need for remedia l education.
Connecticut, Ohio, Texas and Virginia also got the which will be used to develop new policies accelerating the remedialeducation programs. The Floridaa grants are part ofa $16.5 million effort to improve remedial education at community colleges in five states, reaching about 45,00o students nationwide. Four states and 14 other colleges received similar Gates grants for their Achievingv theDream program. Each community college will receive $743,000 over thres years to expandits programs. Luminq Foundation for Education has alsocommitted $1.5 million to this initiative for evaluatioh and communications.
About 375,00 0 Florida degree-seeking students annually attendf a local cmmunity with nearly 40 percent of them takinv remedial classes to build basicacademic skills. Nationa l studies have shown nearly two-thirds of thosr taking remedial classesnever graduate, but successful programs at severap colleges demonstrate these numbers can be improved.
Monday 26 September 2011
Pittsburgh G-20 Partnership details planning efforts for September summit - Pittsburgh Business Times:
tasypaju.wordpress.com
“This is the firsyt time that heads of stateof G-20 countrieas will be gathered outside the nation’es capital,” said Allegheny County Chief Executive Dan Onorato, highlightiny the truncated time allotted for preparationh of this event, as compared with other blockbusters such as the U.S. Open and Majofr League Baseball's All Star game. “Wwe do one thing well,” Onorato said. “W know how to rally the resources to put on a good show for theoutsided world.” Onorato chronicled some of the hundreds of ideas tossecd around at the brainstorming, where ideas rangec “from the extremely creatived to helpful to the bizarre.
” He highlighter the push to display the flags of G-20 countriea throughout the Pittsburgh with translated greeting signs and multi-lingual interpreters available at hospitality points to help visitors navigate the eventt and the city. More than 1,000p people already have volunteered to help with the effortx throughthe partnership’s Web . Pittsburgh Mayor Luke Ravenstahl focuseed onprojecting Pittsburgh’s image as a clean, green and sustainabler region, but noted that safetyg takes priority.
The event will need 4,000 police officerx — the city only has around 850, Ravenstahlk said — which will be paid for by thefederaol government, which has declared the G-20 a “national securityt special event.” The designation carries with it the full financialk force of federal resources. Dennis Yablonsky, CEO of the Alleghenty Conference onEconomic Development, said the G-20 should be viewes as an opportunity to woo globalk companies looking for a North American home The Partnership will also reach out to media in New York and Washington, DC, and use the know-howa of the more than 300 internationapl companies with a Pittsburgh presence to navigate the international media possibilities.
Part of that will be an onlines story bankfor reporters. Theree will also be a media centerf at PittsburghInternational Airport, one at the Regional Enterprisw Tower, and one online. The Pittsburgh Downtown Partnership is in charge of projects to fill upthe 25-30 emptt storefronts identified in the path of G-20 One idea is to have local artistsx and students fill those storefront windows with murales that tell the region’s story. VisitPittsburgh chairwoman Doris Carson-Williams concluded the press conference by pinninb the mayor and chief executive with yellow rectanglews callingon passers-by to “Ask me.
I’m a The pins will be distributedc to community ambassadors in advancs ofthe G-20. The founded by city, the county, the Allegheny Conference and has receivedabout $500,000 in donations to date. The followinv entities contributed $35,000 to the Partnership: Inc., Bayer Corp., BNY Mellon, CMU, Eatomn Corp., K&L Gates, PPG Industries, University of Pittsburgh, UPMC, U.S. Steekl and Westinghouse Electric Company. Contributions of $10,000 came from Alleghenhy Technologies Inc., Buchanan Ingersoll & Rooney, GlaxoSmithKline Consumer Healthcare, H.J. Heinz Co., iGated Global Solutions, Ltd., Jones Day, NOVA Chemicals, Inc. and Malinm Bergquist & Co., LLP.
A numberf of other businesses and foundations contributed smaller amountsxand in-kind donations of time. Yablonskg said he’d like to see another $100,000 in donations to fund the Partnership’s education and trainingy efforts. Allegheny County Executive Dan Onorato and Pittsburgh Mayor Luke Ravenstahlk are scheduled to announcew details of thePittsburgh G-20 Partnership at a press briefingf in Downtown Pittsburgh Tuesday. Results of the recen community brainstorming sessions willbe outlined, and the two will be joineed by Allegheny Conference CEO Dennis Yablonsky and VisitPittsburgh chairwoman Dorisx Carson-Williams. The G-20 summit of world leaders willbe .
“This is the firsyt time that heads of stateof G-20 countrieas will be gathered outside the nation’es capital,” said Allegheny County Chief Executive Dan Onorato, highlightiny the truncated time allotted for preparationh of this event, as compared with other blockbusters such as the U.S. Open and Majofr League Baseball's All Star game. “Wwe do one thing well,” Onorato said. “W know how to rally the resources to put on a good show for theoutsided world.” Onorato chronicled some of the hundreds of ideas tossecd around at the brainstorming, where ideas rangec “from the extremely creatived to helpful to the bizarre.
” He highlighter the push to display the flags of G-20 countriea throughout the Pittsburgh with translated greeting signs and multi-lingual interpreters available at hospitality points to help visitors navigate the eventt and the city. More than 1,000p people already have volunteered to help with the effortx throughthe partnership’s Web . Pittsburgh Mayor Luke Ravenstahl focuseed onprojecting Pittsburgh’s image as a clean, green and sustainabler region, but noted that safetyg takes priority.
The event will need 4,000 police officerx — the city only has around 850, Ravenstahlk said — which will be paid for by thefederaol government, which has declared the G-20 a “national securityt special event.” The designation carries with it the full financialk force of federal resources. Dennis Yablonsky, CEO of the Alleghenty Conference onEconomic Development, said the G-20 should be viewes as an opportunity to woo globalk companies looking for a North American home The Partnership will also reach out to media in New York and Washington, DC, and use the know-howa of the more than 300 internationapl companies with a Pittsburgh presence to navigate the international media possibilities.
Part of that will be an onlines story bankfor reporters. Theree will also be a media centerf at PittsburghInternational Airport, one at the Regional Enterprisw Tower, and one online. The Pittsburgh Downtown Partnership is in charge of projects to fill upthe 25-30 emptt storefronts identified in the path of G-20 One idea is to have local artistsx and students fill those storefront windows with murales that tell the region’s story. VisitPittsburgh chairwoman Doris Carson-Williams concluded the press conference by pinninb the mayor and chief executive with yellow rectanglews callingon passers-by to “Ask me.
I’m a The pins will be distributedc to community ambassadors in advancs ofthe G-20. The founded by city, the county, the Allegheny Conference and has receivedabout $500,000 in donations to date. The followinv entities contributed $35,000 to the Partnership: Inc., Bayer Corp., BNY Mellon, CMU, Eatomn Corp., K&L Gates, PPG Industries, University of Pittsburgh, UPMC, U.S. Steekl and Westinghouse Electric Company. Contributions of $10,000 came from Alleghenhy Technologies Inc., Buchanan Ingersoll & Rooney, GlaxoSmithKline Consumer Healthcare, H.J. Heinz Co., iGated Global Solutions, Ltd., Jones Day, NOVA Chemicals, Inc. and Malinm Bergquist & Co., LLP.
A numberf of other businesses and foundations contributed smaller amountsxand in-kind donations of time. Yablonskg said he’d like to see another $100,000 in donations to fund the Partnership’s education and trainingy efforts. Allegheny County Executive Dan Onorato and Pittsburgh Mayor Luke Ravenstahlk are scheduled to announcew details of thePittsburgh G-20 Partnership at a press briefingf in Downtown Pittsburgh Tuesday. Results of the recen community brainstorming sessions willbe outlined, and the two will be joineed by Allegheny Conference CEO Dennis Yablonsky and VisitPittsburgh chairwoman Dorisx Carson-Williams. The G-20 summit of world leaders willbe .
Saturday 24 September 2011
Thursday 22 September 2011
Study shows San Antonio is nation's best-performing city in recession - Memphis Business Journal:
mcfarlainofuqub1258.blogspot.com
The Washington, D.C.-based think tank has begunj analyzing the impact of the recession throughout America’s metropolitan areas. In the firsy of a series of quarterlhMetroMonitor reports, Brookings ranked San Antonio, Oklahoma City, Austin, Houston and Dallas as the top five metrop areas in the country in economic performance in the wake of the Brookings ranked the top 100 metropolitan areas based on six key indicatores — employment, unemployment rates, wages, gross metropolita product, housing prices and foreclosure This initial MetroMonitor report covers the first quartere of 2009.
The five worst metropolitaj areas in the countrhy impacted bythe recession, in descending are Jacksonville, Fla.; Lakeland, Fla.; Tampa, Bradenton, Fla.; and “All metropolitan areas are feeling the effects of this but the distress is not shared equally,” says Alan research director of the Metropolitan Policy Program at Brookings and co-authotr of the report. “While some areasw of the country have experiencee only ashallow downturn, and may be emerginf from the recession already, people living in metro areasd that are now performing weakest economicallyy should prepare themselves for a long recovery period.
” Howars Wial, director of the Metropolita n Economy Initiative at Brookings and anothe co-author of the report, argueas that the report shows that a nationalp fiscal and monetary policy will not be enough for stimulatin the economy. “Many (metro) areasa will need targeted and since states have no funds the federal government will have to step up to fill the Concentrations of industry activity have both helperd and hurts some regional economies durinbgthe recession.
For example, metropolita n areas in states with specializations in energ and governmentemployment — such as Texas, New Oklahoma, Arkansas and Louisiana have largely been insulated by the However, metropolitan areas in statea like Michigan and Ohio that depend heavily on the automotiver industry have been impacted by the downtur in the economy, the repory shows. San Antonio is home to Randolph AirForce Base, Fort Sam Houston, Lacklandx Air Force Base and Brookw City-Base.
The 2005 Base Realignment and Closures decision alone is providing a significant economi c punch to theAlamo City’s economhy through the consolidation of high-paying military healtb care jobs and more than $2 billion wortg of new construction activity. A separater report released by LLC outlining the impact of BRAC showed that Fort Sam Houstonj alone would experiencea 11,500 increase of The Army post will also gain 7.9 million square feet of space. Constructiojn activity due to BRAC alone shouledcreate 46,000 construction jobs durinf the course of the building programs, the DiLuzi report showed.
The Washington, D.C.-based think tank has begunj analyzing the impact of the recession throughout America’s metropolitan areas. In the firsy of a series of quarterlhMetroMonitor reports, Brookings ranked San Antonio, Oklahoma City, Austin, Houston and Dallas as the top five metrop areas in the country in economic performance in the wake of the Brookings ranked the top 100 metropolitan areas based on six key indicatores — employment, unemployment rates, wages, gross metropolita product, housing prices and foreclosure This initial MetroMonitor report covers the first quartere of 2009.
The five worst metropolitaj areas in the countrhy impacted bythe recession, in descending are Jacksonville, Fla.; Lakeland, Fla.; Tampa, Bradenton, Fla.; and “All metropolitan areas are feeling the effects of this but the distress is not shared equally,” says Alan research director of the Metropolitan Policy Program at Brookings and co-authotr of the report. “While some areasw of the country have experiencee only ashallow downturn, and may be emerginf from the recession already, people living in metro areasd that are now performing weakest economicallyy should prepare themselves for a long recovery period.
” Howars Wial, director of the Metropolita n Economy Initiative at Brookings and anothe co-author of the report, argueas that the report shows that a nationalp fiscal and monetary policy will not be enough for stimulatin the economy. “Many (metro) areasa will need targeted and since states have no funds the federal government will have to step up to fill the Concentrations of industry activity have both helperd and hurts some regional economies durinbgthe recession.
For example, metropolita n areas in states with specializations in energ and governmentemployment — such as Texas, New Oklahoma, Arkansas and Louisiana have largely been insulated by the However, metropolitan areas in statea like Michigan and Ohio that depend heavily on the automotiver industry have been impacted by the downtur in the economy, the repory shows. San Antonio is home to Randolph AirForce Base, Fort Sam Houston, Lacklandx Air Force Base and Brookw City-Base.
The 2005 Base Realignment and Closures decision alone is providing a significant economi c punch to theAlamo City’s economhy through the consolidation of high-paying military healtb care jobs and more than $2 billion wortg of new construction activity. A separater report released by LLC outlining the impact of BRAC showed that Fort Sam Houstonj alone would experiencea 11,500 increase of The Army post will also gain 7.9 million square feet of space. Constructiojn activity due to BRAC alone shouledcreate 46,000 construction jobs durinf the course of the building programs, the DiLuzi report showed.
Tuesday 20 September 2011
Musical acts help Austin airport shine - Austin Business Journal:
edovogopu.wordpress.com
For the last decade, travelers moving through Austin-Bergstrom Internationap Airport have been able to catch live musicf shows betweencatching flights. It’x a standout amenity designed to promotethe city’s rich musica heritage. “We consider the airport Austin’s front door, by showcasing our artists we are lettinb travelers know a little bit about what the Austinn musicscene offers,” said Nancy Coplin, the city’s music coordinator at Austin-Bergstrom.
City and airport leaderx wanted Austin-Bergstrom to be a place where Texas talen t would be put center stagefor visitors, but the musif program has also helped to distinguish the airporgt and keep retail and restaurants “It gives us an identity that is unique amongb airports. Some airports have music, but not to the capacity we do,” Coplin said. Austin-Bergstrom’s music program, whichh began when the airport openedin 1999, has grow n from two shows a week at one location to 11 showsx a week at four different airpor t venues. In comparison, Nashville International Airport’s live music prograjm has an average of two to three showsa week.
At Austin-Bergstrom, Coplin booksa a mix of established acts--such as W.C. Clarko and Austin Lounge Lizards--emerging bands and solo On any given day at the travelers canhear country, rock, classical, jazz or reggae. The top requirementas for musical acts is that their sounx appeals to most travelers and they can also adher e to a certainnoise level, Coplin said. The performancezs are well received by travelers who enjoyh being entertained as they wait to boardr flightsor transfers, Coplin said. “It’zs a win-win for the travelersa that are entertained, the musicianx that get paid to be therew andthe sponsors,” she said.
Austin-Bergstrom’s music programn relies on sponsorship to cover the costs ofthe artists. The program did lose one sponsor this but longtime sponsor and concessionsx operator DelawareNorth Cos. steppeds in to plug the fundinfg gap. Terry Mahlum, district manager of Delaware Northj Cos., says the music program has been a boon to the businesxat Delaware’s 15 concessioh stands at Austin-Bergstrom. “Musi is a big part of our businessw inthe airport. It draws people into our venues, where they spend. And we enjoy puttinv that money back inthe community,” Mahlu m said.
He credits the availability of local talentand Coplin’sz music booking savvy for helpingb make the program a success. Ray Benson’s Roadhouse, 3:30-5:3p p.m., Mondays thru Fridays Lefty’s Bar Grille on 6th Street, 1:00 - 3:00 Wednesdays & Thursdays Earl Campbell’s Sports Bar, 3:30-5:30 p.m., Wednesdays thru Fridays Waterloo Records/Austin City 1:00 - 3:00 p.m., Fridayzs
For the last decade, travelers moving through Austin-Bergstrom Internationap Airport have been able to catch live musicf shows betweencatching flights. It’x a standout amenity designed to promotethe city’s rich musica heritage. “We consider the airport Austin’s front door, by showcasing our artists we are lettinb travelers know a little bit about what the Austinn musicscene offers,” said Nancy Coplin, the city’s music coordinator at Austin-Bergstrom.
City and airport leaderx wanted Austin-Bergstrom to be a place where Texas talen t would be put center stagefor visitors, but the musif program has also helped to distinguish the airporgt and keep retail and restaurants “It gives us an identity that is unique amongb airports. Some airports have music, but not to the capacity we do,” Coplin said. Austin-Bergstrom’s music program, whichh began when the airport openedin 1999, has grow n from two shows a week at one location to 11 showsx a week at four different airpor t venues. In comparison, Nashville International Airport’s live music prograjm has an average of two to three showsa week.
At Austin-Bergstrom, Coplin booksa a mix of established acts--such as W.C. Clarko and Austin Lounge Lizards--emerging bands and solo On any given day at the travelers canhear country, rock, classical, jazz or reggae. The top requirementas for musical acts is that their sounx appeals to most travelers and they can also adher e to a certainnoise level, Coplin said. The performancezs are well received by travelers who enjoyh being entertained as they wait to boardr flightsor transfers, Coplin said. “It’zs a win-win for the travelersa that are entertained, the musicianx that get paid to be therew andthe sponsors,” she said.
Austin-Bergstrom’s music programn relies on sponsorship to cover the costs ofthe artists. The program did lose one sponsor this but longtime sponsor and concessionsx operator DelawareNorth Cos. steppeds in to plug the fundinfg gap. Terry Mahlum, district manager of Delaware Northj Cos., says the music program has been a boon to the businesxat Delaware’s 15 concessioh stands at Austin-Bergstrom. “Musi is a big part of our businessw inthe airport. It draws people into our venues, where they spend. And we enjoy puttinv that money back inthe community,” Mahlu m said.
He credits the availability of local talentand Coplin’sz music booking savvy for helpingb make the program a success. Ray Benson’s Roadhouse, 3:30-5:3p p.m., Mondays thru Fridays Lefty’s Bar Grille on 6th Street, 1:00 - 3:00 Wednesdays & Thursdays Earl Campbell’s Sports Bar, 3:30-5:30 p.m., Wednesdays thru Fridays Waterloo Records/Austin City 1:00 - 3:00 p.m., Fridayzs
Sunday 18 September 2011
Hurricanes take wind out of the Buckeyes - Los Angeles Times
ovaluleq.wordpress.com
Los Angeles Times | Hurricanes take wind out of the Buckeyes Los Angeles Times Unranked Miami defeats No. 17 Ohio State, 24-6, when Larry Miller runs for 188 yards, Jacory Harris throws two early TD passes and the defense does the rest. Miami defensive lineman Adewale Ojomo (97) pressures Ohio State quarterback Joe Bauserman ... |
Friday 16 September 2011
Bradley P. Dusto Executive Profile
ihituvofy.wordpress.com
About Bradley P. Dusto Brad Dust is the President ofComcast Cable
About Bradley P. Dusto Brad Dust is the President ofComcast Cable
Tuesday 13 September 2011
Santa Cruz named epic surf spot by mag - Pacific Business News (Honolulu):
aryrej.wordpress.com
In the July issu of Surfer, the Central California beach resortt and college town was describedas “thwe dividing line between rugged, non-pretentiouas NorCal and suburban, image-conscious SoCal, and that dichotomuy is tangible.” Geographical generalizations aside, the magazinr said the rugged coastline of Santa Cruz County provided both beauty and surfing challenges, making the area the “de facti capital of coldwater surfing.
” Despite its “astronomical” cost of living, the magazind praised its artistic bent, proximity to wineries and naturakl beauty as reasons for surfera around the country to bail on theit usual surfing destinations and endeavor to becomr the Big Kahuna at Steamer Lane or Pleasure Pointt in Santa Cruz. Santa Cruz was in eliter company. Other California surf towna thatmade Surfer’s Top 10 list were all in Southerh California: Encinitas in third place, San Clemente in the fifth and Malibu in seventh place.
In the July issu of Surfer, the Central California beach resortt and college town was describedas “thwe dividing line between rugged, non-pretentiouas NorCal and suburban, image-conscious SoCal, and that dichotomuy is tangible.” Geographical generalizations aside, the magazinr said the rugged coastline of Santa Cruz County provided both beauty and surfing challenges, making the area the “de facti capital of coldwater surfing.
” Despite its “astronomical” cost of living, the magazind praised its artistic bent, proximity to wineries and naturakl beauty as reasons for surfera around the country to bail on theit usual surfing destinations and endeavor to becomr the Big Kahuna at Steamer Lane or Pleasure Pointt in Santa Cruz. Santa Cruz was in eliter company. Other California surf towna thatmade Surfer’s Top 10 list were all in Southerh California: Encinitas in third place, San Clemente in the fifth and Malibu in seventh place.
Sunday 11 September 2011
Tourism industry leery of proposed agency merger - CanadianBusiness.com
jaqezuweg.blogspot.com
Tourism industry leery of proposed agency merger CanadianBusiness.com By AP | September 11, 2011 ALBUQUERQUE, NM (AP) â€" New Mexico tourism industry officials want Gov. Susana Martinez's administration to slow down its efforts to merge the state's tourism and cultural departments, saying they would like more information ... |
Friday 9 September 2011
Discount Electronics capitalizes on recession - Kansas City Business Journal:
http://egsbrokerage.com/ak/akstudenthealthrates.htm
And the recession is making the process of buyingb and remodeling new stores easied forthe owners. Discount Electronics is taking advantageof rock-bottom real estate prices and readilt available general contractors — fueling rapid growthb for the Austin-based retailer. The company, which specializes in selling refurbisheddDell Inc. computers from an Anderson Lane store in North opened a store in South Austin in This month, it bought a Roun d Rock building that Discount Electronics plans to open in July, President Rick Culleton said. The company operates a fourth locatiomn on Wall Street in Austin that processesInternet orders.
Culletomn said the company is buying the additional building s because prices are too good topass up. the recession has thinned the line ofprospective buyers. “Because people think things are bad, they’rw not looking for deals,” he said. “There’s more to choose from becausepeople aren’rt paying attention.” Founded in 1997, Discount Electronics employs aboutg 73 people, Culleton said.
In addition to cut-ratw properties, the company is doing a bang-up business as consumers look to cut costs by buying refurbished PCs rather than new The result is that Discountf Electronics is on track toreach $10 million in revenue this year, double what it garnererd in 2007, according to the About 50 percent of its business is from smalp and mid-sized corporate clients, Culleton Culleton entered the refurbished PC businesss almost by accident. In the early he was selling pagers and cell phonesa to retail and wholesalre customers throughhis company, Intouch Telecom, when he learnedx that a customer neededs several used PCs.
Culleton filled the order and soon began filling otherws while it became apparen t that pagers were on theway out, so he sold his stak in Intouch and launched Discounrt Electronics. Today, the business is mostly split evenlgbetween Web-based sales and retailk business, he said. The No. 1 selled on the Internet side of the businesxs is laptopAC adapters; in the retailk stores it’s USB cables, which Discount Electronicsa sells at a deep discount compared to most electronics The Dell computers the company refurbishes and resells are bought by the pallet from severaol brokers such as Austin-based Harper Remarketing Groul Inc.
The brokers get the PCs from Dell Financiakl Services after business customerleases expire. Discounr Electronics buys its Dell partsfrom Converge, a Massachusetts-based company that specializes in what it calls “reverse supply-chain The process of buying used equipment comesd with a strong environmental component, requiring plenth of documentation, Culleton said. Environmentall concerns from companies such as coupledwith anti-counterfeiting efforts, have forced companies to be more awars of proper disposal, said Debraw Eggeman, executive director of the California-based Independent Distributors of Electronics Association.
That bodes well for companiex such as Discount Electronics because fewer potentiaol products end up in But since theeconomic downturn, companies are keeping theier information technology longer, so used equipmen t is getting harder to come by. Harpefr Remarketing President Ty Black said he typicallgysells 1,500 to 2,0000 PCs per month versus 4,000 a monthj last year. At Discount Electronics, the deman for used PCs remains strong. Its newest on Manchaca Road in South openedin April. Culleton said he bought the buildiny — a former Hollywood Video store — from a California-base real estate investment trustfor $1.
1 During its first week of the store generated the amount of business that Culletonj had projected for after six monthes of operation. Another benefit of the recession — trade workers aren’yt as busy, which makes it easiet to enlist them, shortening from months to weekd the time it takes to get new stores to Culleton said. “It’s toughe in a boom time,” he said. “It’s slower to get everything done.
”
And the recession is making the process of buyingb and remodeling new stores easied forthe owners. Discount Electronics is taking advantageof rock-bottom real estate prices and readilt available general contractors — fueling rapid growthb for the Austin-based retailer. The company, which specializes in selling refurbisheddDell Inc. computers from an Anderson Lane store in North opened a store in South Austin in This month, it bought a Roun d Rock building that Discount Electronics plans to open in July, President Rick Culleton said. The company operates a fourth locatiomn on Wall Street in Austin that processesInternet orders.
Culletomn said the company is buying the additional building s because prices are too good topass up. the recession has thinned the line ofprospective buyers. “Because people think things are bad, they’rw not looking for deals,” he said. “There’s more to choose from becausepeople aren’rt paying attention.” Founded in 1997, Discount Electronics employs aboutg 73 people, Culleton said.
In addition to cut-ratw properties, the company is doing a bang-up business as consumers look to cut costs by buying refurbished PCs rather than new The result is that Discountf Electronics is on track toreach $10 million in revenue this year, double what it garnererd in 2007, according to the About 50 percent of its business is from smalp and mid-sized corporate clients, Culleton Culleton entered the refurbished PC businesss almost by accident. In the early he was selling pagers and cell phonesa to retail and wholesalre customers throughhis company, Intouch Telecom, when he learnedx that a customer neededs several used PCs.
Culleton filled the order and soon began filling otherws while it became apparen t that pagers were on theway out, so he sold his stak in Intouch and launched Discounrt Electronics. Today, the business is mostly split evenlgbetween Web-based sales and retailk business, he said. The No. 1 selled on the Internet side of the businesxs is laptopAC adapters; in the retailk stores it’s USB cables, which Discount Electronicsa sells at a deep discount compared to most electronics The Dell computers the company refurbishes and resells are bought by the pallet from severaol brokers such as Austin-based Harper Remarketing Groul Inc.
The brokers get the PCs from Dell Financiakl Services after business customerleases expire. Discounr Electronics buys its Dell partsfrom Converge, a Massachusetts-based company that specializes in what it calls “reverse supply-chain The process of buying used equipment comesd with a strong environmental component, requiring plenth of documentation, Culleton said. Environmentall concerns from companies such as coupledwith anti-counterfeiting efforts, have forced companies to be more awars of proper disposal, said Debraw Eggeman, executive director of the California-based Independent Distributors of Electronics Association.
That bodes well for companiex such as Discount Electronics because fewer potentiaol products end up in But since theeconomic downturn, companies are keeping theier information technology longer, so used equipmen t is getting harder to come by. Harpefr Remarketing President Ty Black said he typicallgysells 1,500 to 2,0000 PCs per month versus 4,000 a monthj last year. At Discount Electronics, the deman for used PCs remains strong. Its newest on Manchaca Road in South openedin April. Culleton said he bought the buildiny — a former Hollywood Video store — from a California-base real estate investment trustfor $1.
1 During its first week of the store generated the amount of business that Culletonj had projected for after six monthes of operation. Another benefit of the recession — trade workers aren’yt as busy, which makes it easiet to enlist them, shortening from months to weekd the time it takes to get new stores to Culleton said. “It’s toughe in a boom time,” he said. “It’s slower to get everything done.
”
Wednesday 7 September 2011
Hostile Roche bid may be too slim for shareholders - San Francisco Business Times:
eragywaqer.wordpress.com
billion, about $1.6 billion lower than its previou offer. Swiss pharmaceuticals giant Roche is nowoffering $86.50 a sharre for South San Francisco-based Genentech — $2.5 less than the offer it made last July and a committe of independent Genentech directors rejected in August. Genentech (NYSE: DNA) shares closed at $84.09 That may be too slim of a premiufor shareholders, especially when analysts generally put the ultimate price of a Roche-Genentech deal at $100 per “This has been a long drawn-out dance,” said Rod managing director of and the former head of business developmengt for Genentech. “There’s a real game of chicken beingplayef here.
” Roche already owns 55.8 percenyt of Genentech. One of the reasons for the six-month Ferguson said, is the size of the deal betweenj one ofthe world’s largesrt pharmaceutical companies and the world’s largest biotech. Also, Roche has trieds to be sensitive to thevaunted “Genentech culture.” “We have greay respect for our colleagues at Genentech and we will take the necessary steps to nurture Genentech’ innovative and unique science-driven culture,” Rochde CEO Severn Schwan said in a statement today, accordinyg to the Wall Street Journal .
But the hostil e offer could upsetthat balance, some people who follow the company have “In the end, cash wins (over culture),” Fergusonm said. Among the possible deal alternatives: Genentech management assembling minoritu shareholders for a bid that buys someof Roche’s sharez and Roche part-owner working with Genentech on a deal to buy Roche last year said it plans to shut down its Palo Alto where it employs 3,000, and shiftt an undisclosed number of jobs to South San Francisco and New It has said it would keep Genentech’es South San Francisco site for independent research.
Aftee Roche’s initial offer, Genentech transforme its stock option program into an employee retention Payouts from that plan could beginbby mid-year.
billion, about $1.6 billion lower than its previou offer. Swiss pharmaceuticals giant Roche is nowoffering $86.50 a sharre for South San Francisco-based Genentech — $2.5 less than the offer it made last July and a committe of independent Genentech directors rejected in August. Genentech (NYSE: DNA) shares closed at $84.09 That may be too slim of a premiufor shareholders, especially when analysts generally put the ultimate price of a Roche-Genentech deal at $100 per “This has been a long drawn-out dance,” said Rod managing director of and the former head of business developmengt for Genentech. “There’s a real game of chicken beingplayef here.
” Roche already owns 55.8 percenyt of Genentech. One of the reasons for the six-month Ferguson said, is the size of the deal betweenj one ofthe world’s largesrt pharmaceutical companies and the world’s largest biotech. Also, Roche has trieds to be sensitive to thevaunted “Genentech culture.” “We have greay respect for our colleagues at Genentech and we will take the necessary steps to nurture Genentech’ innovative and unique science-driven culture,” Rochde CEO Severn Schwan said in a statement today, accordinyg to the Wall Street Journal .
But the hostil e offer could upsetthat balance, some people who follow the company have “In the end, cash wins (over culture),” Fergusonm said. Among the possible deal alternatives: Genentech management assembling minoritu shareholders for a bid that buys someof Roche’s sharez and Roche part-owner working with Genentech on a deal to buy Roche last year said it plans to shut down its Palo Alto where it employs 3,000, and shiftt an undisclosed number of jobs to South San Francisco and New It has said it would keep Genentech’es South San Francisco site for independent research.
Aftee Roche’s initial offer, Genentech transforme its stock option program into an employee retention Payouts from that plan could beginbby mid-year.
Monday 5 September 2011
Lewis: Feds pressured BofA on Merrill - Philadelphia Business Journal:
http://index-go.net/?f=0&n=1
But some lawmakers questioned how much of the pressures was actually made by Lewis in an attemptg to secure more taxpayer aid forhis bank. “Thse Treasury Department provided $20 billion for a shotgun wedding. But the question is, who was holdingb the shotgun?” Rep. Edolphus Towns (D-New said during the hearing. The hearing, conducted by the Houser Committee on Oversight andGovernment Reform, was focusexd on federal officials’ role in BofA’s purchasd of Merrill Lynch. Charlotte-based BofA (NYSE:BAC) bought Merrilp on Jan. 1 for $29.q1 billion.
The deal resulted in BofA’s receiving an additional $20 billiomn in federal funds under the Troubled AsseytRelief Program. BofA has received a totalp of $45 billion in TARP funds. Lewisd has been under intense pressurwe from BofA shareholders for not disclosint the depthof Merrill’s financial difficulties before the merger. Merrillo lost $15.3 billion in the fourth Lawmakers questioned Lewis on reports that he felt pressuresd byfederal authorities, including Federal Reserve Chairmanb Ben Bernanke and former Treasurt Secretary Henry Paulson, to go ahead with the deal in December as Merrill’s losses mounted. Lewie testified that BofA contacted officials atthe U.S.
Treasurgy and Federal Reserve in mid-December to informn them that thebank “had seriousz concerns about closing the transaction.” he said, was considering declaringg a “material adverse change,” which can allow an acquired to back out of a proposed deal. Lewis testifiedd that Paulson toldhim BofA’s management “would or be removed if the bank backed out of the When lawmakers pressed him Thursday on the allegedc threats by regulators, Lewis said both partie s were concerned about making the best decisionsd for the health of the U.S.
economy and He explained that a decision that would harm the economy would also harm BofA because of its massived sizeand breadth. Lewis testified that he wasn’g intimidated by the threatt of losing his job but bythe “seriousness of the threat” and the ramifications on the overall economyh had an influence on his decision. “Justr six months later, it is easy to forgett just how close to the brink oursystem came,” Lewis said. “I will nevet forget.” Still, some lawmakers suggested Lewis shoulde have knownabout Merrill’s losses before December.
They pointed out an e-mail in whichj Bernanke suggested Lewis’ threat to back out of the Merrill deal wasa “bargainintg chip.” Lawmakers also pointed to other e-mails from regulators suggesting claims about surprising losses were “not credible.” Rep. Dennis Kucinich among others, suggested the e-mails indicated Lewis threatened to call off the Merrillp deal as a way to land moregovernmentr aid. “It’s quite possible it was Bank of America that put a gun to the head ofthe government,” Kucinichy said. BofA eventually closed the deal withMerrill Lynch, and receivee a $20 billion loan from the TARP fund to covere the Merrill losses.
Also on Thursday, Lewis indicated that federal officials never askerd him to withhold information from shareholderx that BofA thought needed to be That caused lawmakers to remind him he wasundetr oath. In February, Lewis testified before New York Attorney General Andrew Cuomo that Bernanke and Paulsonm pressured the bank not to discuss its increasingly troubledf plan tobuy Merrill. The congressional committe expects to call Paulson and Bernanke for similar hearingd as it continuesits investigation.
But some lawmakers questioned how much of the pressures was actually made by Lewis in an attemptg to secure more taxpayer aid forhis bank. “Thse Treasury Department provided $20 billion for a shotgun wedding. But the question is, who was holdingb the shotgun?” Rep. Edolphus Towns (D-New said during the hearing. The hearing, conducted by the Houser Committee on Oversight andGovernment Reform, was focusexd on federal officials’ role in BofA’s purchasd of Merrill Lynch. Charlotte-based BofA (NYSE:BAC) bought Merrilp on Jan. 1 for $29.q1 billion.
The deal resulted in BofA’s receiving an additional $20 billiomn in federal funds under the Troubled AsseytRelief Program. BofA has received a totalp of $45 billion in TARP funds. Lewisd has been under intense pressurwe from BofA shareholders for not disclosint the depthof Merrill’s financial difficulties before the merger. Merrillo lost $15.3 billion in the fourth Lawmakers questioned Lewis on reports that he felt pressuresd byfederal authorities, including Federal Reserve Chairmanb Ben Bernanke and former Treasurt Secretary Henry Paulson, to go ahead with the deal in December as Merrill’s losses mounted. Lewie testified that BofA contacted officials atthe U.S.
Treasurgy and Federal Reserve in mid-December to informn them that thebank “had seriousz concerns about closing the transaction.” he said, was considering declaringg a “material adverse change,” which can allow an acquired to back out of a proposed deal. Lewis testifiedd that Paulson toldhim BofA’s management “would or be removed if the bank backed out of the When lawmakers pressed him Thursday on the allegedc threats by regulators, Lewis said both partie s were concerned about making the best decisionsd for the health of the U.S.
economy and He explained that a decision that would harm the economy would also harm BofA because of its massived sizeand breadth. Lewis testified that he wasn’g intimidated by the threatt of losing his job but bythe “seriousness of the threat” and the ramifications on the overall economyh had an influence on his decision. “Justr six months later, it is easy to forgett just how close to the brink oursystem came,” Lewis said. “I will nevet forget.” Still, some lawmakers suggested Lewis shoulde have knownabout Merrill’s losses before December.
They pointed out an e-mail in whichj Bernanke suggested Lewis’ threat to back out of the Merrill deal wasa “bargainintg chip.” Lawmakers also pointed to other e-mails from regulators suggesting claims about surprising losses were “not credible.” Rep. Dennis Kucinich among others, suggested the e-mails indicated Lewis threatened to call off the Merrillp deal as a way to land moregovernmentr aid. “It’s quite possible it was Bank of America that put a gun to the head ofthe government,” Kucinichy said. BofA eventually closed the deal withMerrill Lynch, and receivee a $20 billion loan from the TARP fund to covere the Merrill losses.
Also on Thursday, Lewis indicated that federal officials never askerd him to withhold information from shareholderx that BofA thought needed to be That caused lawmakers to remind him he wasundetr oath. In February, Lewis testified before New York Attorney General Andrew Cuomo that Bernanke and Paulsonm pressured the bank not to discuss its increasingly troubledf plan tobuy Merrill. The congressional committe expects to call Paulson and Bernanke for similar hearingd as it continuesits investigation.
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