xiwyxucupewox.blogspot.com
The change reflects the bank’e continued integration with , which acquired Charlotte-baser on Dec. 31. “By adopting the Welle Fargo nameand brand, we’red now fully part of one of the world’sw most respected financial companies,” says Neil Ryan, chief executivse of Wells Fargo Bank International. “Wre look forward to satisfying all ofour clients’ financia needs across Europe and helping them succeefd financially.” Wells Fargo Bank Internationakl is a European Uniohn bank headquartered in Ireland.
In Wells Fargo’s investment-banking and capital-marketxs businesses, which formerly operated under the Wachovia Securitiew and certain WellsFargo brands, have taken the name Wellas Fargo Securities. Retail brokerager products and services formerly marketed as Wachovia Securities are now offeref through WellsFargo Advisors. Wells Fargo is based in San Francisco.
Thursday, December 30, 2010
Monday, December 27, 2010
Keeping Fit: Big four, before-work exercises - Wicked Local Middleton
mityaa-axefor.blogspot.com
Keeping Fit: Big four, before-work exercises Wicked Local Middleton The days are too short, the nights are too long, the temperatures are cold, and you really don't feel like exercising. In fact, you probably don't even feel ... |
Saturday, December 25, 2010
NBC, NHL launch contest linking Facebook and TV - Lost Remote
elzeyfirekuut1795.blogspot.com
NBC, NHL launch contest linking Facebook and TV Lost Remote Coming up on January 1st, while many people will be watching football games, hockey fans will watch ... |
Wednesday, December 22, 2010
South Florida
http://escaenterprises.com/product.html
Though final figures aren’t available yet, reportee there were 8.4 percent fewer parking transactions in Decembedr compared to theprior year. “I expecft passenger traffic willfall similarly,” said Mike deputy director of finance at The loss of passengers is largely tied to the loss of he added, noting that total passengerr numbers fell by abouty 12 percent in November comparex to November 2007, as airlines cut back about 13 percent on flights.
It’s similar at , whered spokesman Steve Belleme estimated thatthe airport’d passenger count declined about 11 percent, He said those drops are tied to carrier “The bottom line is you can only have as many travelerx as you have seats. The silver linin is the discount carriers are picking up as the majora arecutting back,” Belleme noted, pointing to big increasesz in 2008 from market leaders , and . Belleme predictedr the Broward County airport willsee 13.
3 percenft fewer passengers from the beginning of Januarty though the end of May compared to the same time last isn’t making long-term projections, but spokesman Marc Henderso predicted passengers will essentially be flat up just 0.01 percent for Dec. 21 througg Jan. 7. MIA’s parkinf dropped 14.8 percent in Henderson said that may be due tofactorws – such as more people gettintg dropped off instead of drivin themselves – that wouldn’ty necessarily correlate to a drop in The airport remains strong in international which is profitable for airlines, he added, and MIA is one of the few that has had a net gain of From Nov. 23 to Nov.
30 Thanksgiving week – passenger numbers increased 3.2 percent. The predictiohn had been a drop of 1 Henderson noted. “We probably are doing better than alot [of othedr airports] and, yes, theres is strength in the Latin American market and other places,” he said. cruiseas attract airline passengers, too South Florida’s airportsw continue to draw strength from the cruise ship industry. From January through the end of November 2008, the Port of Miami reported a 10.5 percenr jump in cruise passengers compared to the same period in 2007. In November alone, the port reported a 16.4 percenr increase in passengers compared toNovembert 2007.
For the current winter port officials are projectinga 4.7 percent increase in cruisre ships making calls at the port. At Port Everglades, totalp passengers declined by 5.3 percent when comparinb January through September 2008 to the same period in but that was mostly due to a loss of dailyh passengers from SeaEscape gambling port spokeswoman EllenKennedy (SeaEscape ceased operations at the port last summeer after suffering from onshor gambling competition.) Multiday cruise who comprise the port’s greatest share of declined 2 percent. Kennedyg said the port expects total passengers would bedown 4.
7 percent for the 2009 fiscapl year, which ends in September, but passenget traffic should grow in 2010 and 2011, when large cruisers will arrivre and bolster capacity. The Port of Palm Beach lost 19 percen of itsmostly day-cruise passengers. This was due to the economgy and financial issues withthe port’ s largest cruise operator, the Palm Beachy Princess, which caused it to slash advertising budgets, port spokeswoma n Jarra Kaczwara said. But, since the bankrupt company has been sold to a new Kaczwara expectedthe port’s totalk passengers would increase by 6 percent to 10 percent in 2009.
Miami-Dade County hotels are expecting a 3 percent to 6 percenr declinein revenue, said Rolandoo Aedo, VP of marketing and tourism for the Greater Miamik Convention and Visitors Bureau. lost revenue doesn’t necessarilyh mean a loss of he added. “There’s some deflation factors, Aedo said. But, he noted that the area is poised to survivs the recession on the strength of its briskinternational business, luxury hotels like Fontainebleau and Eden Roc reopening, and new eventws that will bring visitors. For the BCS National Championship game, held Jan. 8, increased hotel occupancty 10 percent fromthe Jan. 7-10 period in 2008.
Hotekl occupancy rates in Miami-Dade only slipped 0.6 percent from January throughh November compared to the same periodin 2007– a relativelgy low figure. “Occupancy rates aren’t nearlty as bad as in othefr areas ofthe country,” said Duane Vinson, an analysr for Tennessee-based . Smith is forecasting a 3.9 percengt decline in occupancy rates nationwidefor 2009. Throug h November, Smith’s statistics show Broward occupancy down 2 percent and Palm Beacn occupancydown 4.
7
Though final figures aren’t available yet, reportee there were 8.4 percent fewer parking transactions in Decembedr compared to theprior year. “I expecft passenger traffic willfall similarly,” said Mike deputy director of finance at The loss of passengers is largely tied to the loss of he added, noting that total passengerr numbers fell by abouty 12 percent in November comparex to November 2007, as airlines cut back about 13 percent on flights.
It’s similar at , whered spokesman Steve Belleme estimated thatthe airport’d passenger count declined about 11 percent, He said those drops are tied to carrier “The bottom line is you can only have as many travelerx as you have seats. The silver linin is the discount carriers are picking up as the majora arecutting back,” Belleme noted, pointing to big increasesz in 2008 from market leaders , and . Belleme predictedr the Broward County airport willsee 13.
3 percenft fewer passengers from the beginning of Januarty though the end of May compared to the same time last isn’t making long-term projections, but spokesman Marc Henderso predicted passengers will essentially be flat up just 0.01 percent for Dec. 21 througg Jan. 7. MIA’s parkinf dropped 14.8 percent in Henderson said that may be due tofactorws – such as more people gettintg dropped off instead of drivin themselves – that wouldn’ty necessarily correlate to a drop in The airport remains strong in international which is profitable for airlines, he added, and MIA is one of the few that has had a net gain of From Nov. 23 to Nov.
30 Thanksgiving week – passenger numbers increased 3.2 percent. The predictiohn had been a drop of 1 Henderson noted. “We probably are doing better than alot [of othedr airports] and, yes, theres is strength in the Latin American market and other places,” he said. cruiseas attract airline passengers, too South Florida’s airportsw continue to draw strength from the cruise ship industry. From January through the end of November 2008, the Port of Miami reported a 10.5 percenr jump in cruise passengers compared to the same period in 2007. In November alone, the port reported a 16.4 percenr increase in passengers compared toNovembert 2007.
For the current winter port officials are projectinga 4.7 percent increase in cruisre ships making calls at the port. At Port Everglades, totalp passengers declined by 5.3 percent when comparinb January through September 2008 to the same period in but that was mostly due to a loss of dailyh passengers from SeaEscape gambling port spokeswoman EllenKennedy (SeaEscape ceased operations at the port last summeer after suffering from onshor gambling competition.) Multiday cruise who comprise the port’s greatest share of declined 2 percent. Kennedyg said the port expects total passengers would bedown 4.
7 percent for the 2009 fiscapl year, which ends in September, but passenget traffic should grow in 2010 and 2011, when large cruisers will arrivre and bolster capacity. The Port of Palm Beach lost 19 percen of itsmostly day-cruise passengers. This was due to the economgy and financial issues withthe port’ s largest cruise operator, the Palm Beachy Princess, which caused it to slash advertising budgets, port spokeswoma n Jarra Kaczwara said. But, since the bankrupt company has been sold to a new Kaczwara expectedthe port’s totalk passengers would increase by 6 percent to 10 percent in 2009.
Miami-Dade County hotels are expecting a 3 percent to 6 percenr declinein revenue, said Rolandoo Aedo, VP of marketing and tourism for the Greater Miamik Convention and Visitors Bureau. lost revenue doesn’t necessarilyh mean a loss of he added. “There’s some deflation factors, Aedo said. But, he noted that the area is poised to survivs the recession on the strength of its briskinternational business, luxury hotels like Fontainebleau and Eden Roc reopening, and new eventws that will bring visitors. For the BCS National Championship game, held Jan. 8, increased hotel occupancty 10 percent fromthe Jan. 7-10 period in 2008.
Hotekl occupancy rates in Miami-Dade only slipped 0.6 percent from January throughh November compared to the same periodin 2007– a relativelgy low figure. “Occupancy rates aren’t nearlty as bad as in othefr areas ofthe country,” said Duane Vinson, an analysr for Tennessee-based . Smith is forecasting a 3.9 percengt decline in occupancy rates nationwidefor 2009. Throug h November, Smith’s statistics show Broward occupancy down 2 percent and Palm Beacn occupancydown 4.
7
Monday, December 20, 2010
CB Richard Ellis to raise $550M - Pacific Business News (Honolulu):
http://www.hidenseek.me/2010/12/10/choosing-the-right-wood-flooring-for-your-home/
The company will use the proceeds to reduce itssizabl debt. The Los Angeles-based broker planes to offer $400 million in seniof unsubordinated notes in a private It also willsell $100 million in new Class A common stock to investors that include hedge fund Paulsonj & Co. Inc. CB Richard Ellis may raisre another $50 million in periodic publiccstock sales. CB Richard Ellia has $2.4 billion in debt, $310 million of whichh is due next year, according to Bloomberg Much of its debt was incurred throughits $1.9 billio acquisition of Trammell Crow in 2006.
The move by CB Richardx Ellis (NYSE:CBG) follows a similard initiative byOn Tuesday, Jones Lang LaSalle said it planned to raise as much as $200 millionm in a secondary stock offering of 5.5 millionb shares. CB Richard Ellis is the world's largestr commercial real estate servicesa firm andand Hawaii's largesty commercial broker.
The company will use the proceeds to reduce itssizabl debt. The Los Angeles-based broker planes to offer $400 million in seniof unsubordinated notes in a private It also willsell $100 million in new Class A common stock to investors that include hedge fund Paulsonj & Co. Inc. CB Richard Ellis may raisre another $50 million in periodic publiccstock sales. CB Richard Ellia has $2.4 billion in debt, $310 million of whichh is due next year, according to Bloomberg Much of its debt was incurred throughits $1.9 billio acquisition of Trammell Crow in 2006.
The move by CB Richardx Ellis (NYSE:CBG) follows a similard initiative byOn Tuesday, Jones Lang LaSalle said it planned to raise as much as $200 millionm in a secondary stock offering of 5.5 millionb shares. CB Richard Ellis is the world's largestr commercial real estate servicesa firm andand Hawaii's largesty commercial broker.
Friday, December 17, 2010
Would you watch a TV show on Twitter.com? - Lost Remote
uraa-quartely.blogspot.com
Lost Remote | Would you watch a TV show on Twitter.com? Lost Remote While short clips seem to be a good fit â€" news video, for example â€" would you watch a TV show on Twitter.com? Perhaps, since people are increasingly ... |
Wednesday, December 15, 2010
Pulte Homes picks LandArc to manage Carolina Preserve at Amberly - Triangle Business Journal:
burdukovahycel.blogspot.com
Financial terms of the agreement were not Del Webb specializes in building communities for peoplee age 55and older. Carolina Preservr comprises morethan 1,200 homes and a 34,000-square-foot clubhouse. Auburn Hills, Mich.-based LandArc is a Detroit-areza neighbor of Pulte Homes and has worked on Del Webb communities in othetr parts ofthe country. “LandArc was selected to manage our Del Webb community because of their commitmentr to the success of active lifestyle saidSteve Schlageter, president of Pulte’s Raleig division. “LandArc understands that delivering excellenr service and lifestyle advantages to our customerz is a high priority forDel Webb.
” Pulte PHM) that it would buy rival CTX) in a $3.1 billion deal that would createe the nation’s largest home builder and combin e two of the three most prolific builders in the Raleigh-Durhamk market.
Financial terms of the agreement were not Del Webb specializes in building communities for peoplee age 55and older. Carolina Preservr comprises morethan 1,200 homes and a 34,000-square-foot clubhouse. Auburn Hills, Mich.-based LandArc is a Detroit-areza neighbor of Pulte Homes and has worked on Del Webb communities in othetr parts ofthe country. “LandArc was selected to manage our Del Webb community because of their commitmentr to the success of active lifestyle saidSteve Schlageter, president of Pulte’s Raleig division. “LandArc understands that delivering excellenr service and lifestyle advantages to our customerz is a high priority forDel Webb.
” Pulte PHM) that it would buy rival CTX) in a $3.1 billion deal that would createe the nation’s largest home builder and combin e two of the three most prolific builders in the Raleigh-Durhamk market.
Sunday, December 12, 2010
State high court will review $20M tobacco verdict - Kansas City Business Journal:
http://www.squidoo.com/laminate-flooring-help
The appellate court decisionh reversedparts -- and affirmer others -- of a 2005 decisionh involving a Kansas City-area family that had sued Barbars Smith died in 2000 after being diagnosed with lung cancerf in 1992. She had smoked Kool cigaretteds starting shortly after she begam smokingin 1942. Her survivingh relatives brought suit against thetobacci company, including an allegation of negligence, and won a $500,009 compensatory award and $20 million in punitive damages in 2005. In a 2-1 the ruled that the plaintiffa had not met standards of evidence to show the that the tobacclcompany hadn't given sufficient warnings that its product was dangerouas before 1969.
The court also rulecd that theplaintiffs hadn't proved that the company'z failure to make a "safer" cigarette alternative amounted to intentional wrongdoing. The opinion though, that the tobacco company was less than straightforwardc about the risks that its cigarettee posedto users. "In essence, it set out to remai n ignorant andapparently succeeded," Judge Robert Ulrich wrote in the majority opinion. "Further, it was unwilling to share what ithad B&W did not act admirably. Givenh the stringent standard applied topunitive damages, the evidence is simply insufficient.
" Ken McClain, an attorneu for Smith's surviving family said he expected the case not to come before the for roughlh the next year. "o think the Supreme Courtf may very well affirj the whole thing and avoida retrial," he said.
The appellate court decisionh reversedparts -- and affirmer others -- of a 2005 decisionh involving a Kansas City-area family that had sued Barbars Smith died in 2000 after being diagnosed with lung cancerf in 1992. She had smoked Kool cigaretteds starting shortly after she begam smokingin 1942. Her survivingh relatives brought suit against thetobacci company, including an allegation of negligence, and won a $500,009 compensatory award and $20 million in punitive damages in 2005. In a 2-1 the ruled that the plaintiffa had not met standards of evidence to show the that the tobacclcompany hadn't given sufficient warnings that its product was dangerouas before 1969.
The court also rulecd that theplaintiffs hadn't proved that the company'z failure to make a "safer" cigarette alternative amounted to intentional wrongdoing. The opinion though, that the tobacco company was less than straightforwardc about the risks that its cigarettee posedto users. "In essence, it set out to remai n ignorant andapparently succeeded," Judge Robert Ulrich wrote in the majority opinion. "Further, it was unwilling to share what ithad B&W did not act admirably. Givenh the stringent standard applied topunitive damages, the evidence is simply insufficient.
" Ken McClain, an attorneu for Smith's surviving family said he expected the case not to come before the for roughlh the next year. "o think the Supreme Courtf may very well affirj the whole thing and avoida retrial," he said.
Friday, December 10, 2010
Century, Lafitte back CPI
http://certifiedhiphop.com/cgi-bin/viewnews.cgi?id=EEZZAFukuyROjNQUXl
Austin, Texas-based asset manager and its affiliate, , whicnh own about 15.5 percent of CPI' outstanding shares, as well as Austin-based hedge fund managemenrt firm , which owns nearly 8 percent of CPI' s shares, said they plan to vote for CPI’sw of James Abel, Paul Michael Glazer, Michael Koeneke, David Meyerf and Turner White. This is the latest development in anbetweenh Meyer, the chairman of CPI, and CPI’s largest shareholder, Ramius LLC, a New York investmen t group, over the makeup of the board. Meyer’s investmentf firm, , owns 1.5 percent of CPI stoc k and controls two of the six board while Ramius owns 23 percent of CPI and hold s oneboard seat.
Shareholders will vote on the board directorx at their annual meetingJuly 8. St. Louis-based CPI (NYSE: CPY), led by President and CEO Renato offers photography services inabout 3,100 locations in the Unitedx States, Puerto Rico, Canada and Mexico, principallyu in and stores.
Austin, Texas-based asset manager and its affiliate, , whicnh own about 15.5 percent of CPI' outstanding shares, as well as Austin-based hedge fund managemenrt firm , which owns nearly 8 percent of CPI' s shares, said they plan to vote for CPI’sw of James Abel, Paul Michael Glazer, Michael Koeneke, David Meyerf and Turner White. This is the latest development in anbetweenh Meyer, the chairman of CPI, and CPI’s largest shareholder, Ramius LLC, a New York investmen t group, over the makeup of the board. Meyer’s investmentf firm, , owns 1.5 percent of CPI stoc k and controls two of the six board while Ramius owns 23 percent of CPI and hold s oneboard seat.
Shareholders will vote on the board directorx at their annual meetingJuly 8. St. Louis-based CPI (NYSE: CPY), led by President and CEO Renato offers photography services inabout 3,100 locations in the Unitedx States, Puerto Rico, Canada and Mexico, principallyu in and stores.
Tuesday, December 7, 2010
AFC South: Jaguars hope they have grown from last season - MiamiHerald.com
http://www.stsomewherecafe.com/menu/menu0407.htm
AFC South: Jaguars hope they have grown from last season MiamiHerald.com ... positioned," said Del Rio after Sunday's 17-6 victory over Tennessee gave Jacksonville a one-game lead on Indianapolis for the AFC South's top spot. ... AFC South: Jaguars hope they have grown from last season Jaguars rediscover identity, control AFC South |
Sunday, December 5, 2010
D.C. expects $1.2B less in FY 2011 revenue - Dayton Business Journal:
ivanqukeafelovo.blogspot.com
Compared to estimates from this timelast D.C. expects $1.2 billion less in fiscaol 2011 revenueand $1.3 billion less in fiscal 2012 revenue, leaving a $211.5 million 2011 shortfall and a $223.22 million 2012 shortfall. The CFO’sd estimates represent the fourth straight quarter he hasdowngraded revenue. He projects a slow recovery fromthe recession. Gandhi's last projection came in February, when he downgraded his revenus estimate for fiscalyear 2009, ending 30, by $136 million and his fiscal 2010 estimate by $346 milliohn from his outlook in December.
The new $190 million 2009 shortfalo and $150 million 2010 shortfall will force Mayor Adriann Fenty and the to take almostimmediate action. If Fentg decides to tap into the $228 millio fund — something Gandhi said he expected as earlyh as later thisweek — it would be the firsy time for the city. By statute, D.C. wouldd then have to repay the fund over the next two adding $95 million to the shortfallse for fiscal 2010 and 2011. But Gandhi said there was littlw alternative. Economically, “it is pouring out he said, and little else could be done to balancee the budget by the end of the fiscakl yearon Sept. 30. The estimates also mean that D.C.
will have to restartf negotiations on the fiscal 2010 on which it reached agreements to close the previous shortfallk earlierthis month. Gandhi said he expected a new proposal from the The CFO cited a number of deteriorating indicators in making his such as sliding tax revenues frompersonall income, capital gains, hotels and even sales tax, whic had been on the rise throughb December but was down 2.7 percent througgh May. The city’s unemployment rate was 10.7 percent in May, up from 5.8 percenty in December. Property tax reductions accounteedfor $122.6 million, or almost of the new $190 million 2009 gap.
In residential real estate, Gandhi reported sales of single famil y homes wereup 19.9 percent over last year for the periosd of February to April, but averager prices were down 21.6 percent. Condos were the posting salesdown 4.6 percent from last year but pricee were 17.6 percent higher. On the commercial side, the city continues to see an officew vacancy rate that beststhe suburbs, 8.3 percent, but Gandhi said the city has failedc to collect many of the taxews it expected when the city doubled the vacang property tax rate from $5 per $100 of assessedf value to $10 of assessed value.
He attributed a $37 million drop in 2009 collectionsw through May to properties the has reclassifiedf from vacant to the regular residentia l orcommercial rates. Other property owners have simplyu not paidtheir taxes, causing another $20 millioh drop in collections.
Compared to estimates from this timelast D.C. expects $1.2 billion less in fiscaol 2011 revenueand $1.3 billion less in fiscal 2012 revenue, leaving a $211.5 million 2011 shortfall and a $223.22 million 2012 shortfall. The CFO’sd estimates represent the fourth straight quarter he hasdowngraded revenue. He projects a slow recovery fromthe recession. Gandhi's last projection came in February, when he downgraded his revenus estimate for fiscalyear 2009, ending 30, by $136 million and his fiscal 2010 estimate by $346 milliohn from his outlook in December.
The new $190 million 2009 shortfalo and $150 million 2010 shortfall will force Mayor Adriann Fenty and the to take almostimmediate action. If Fentg decides to tap into the $228 millio fund — something Gandhi said he expected as earlyh as later thisweek — it would be the firsy time for the city. By statute, D.C. wouldd then have to repay the fund over the next two adding $95 million to the shortfallse for fiscal 2010 and 2011. But Gandhi said there was littlw alternative. Economically, “it is pouring out he said, and little else could be done to balancee the budget by the end of the fiscakl yearon Sept. 30. The estimates also mean that D.C.
will have to restartf negotiations on the fiscal 2010 on which it reached agreements to close the previous shortfallk earlierthis month. Gandhi said he expected a new proposal from the The CFO cited a number of deteriorating indicators in making his such as sliding tax revenues frompersonall income, capital gains, hotels and even sales tax, whic had been on the rise throughb December but was down 2.7 percent througgh May. The city’s unemployment rate was 10.7 percent in May, up from 5.8 percenty in December. Property tax reductions accounteedfor $122.6 million, or almost of the new $190 million 2009 gap.
In residential real estate, Gandhi reported sales of single famil y homes wereup 19.9 percent over last year for the periosd of February to April, but averager prices were down 21.6 percent. Condos were the posting salesdown 4.6 percent from last year but pricee were 17.6 percent higher. On the commercial side, the city continues to see an officew vacancy rate that beststhe suburbs, 8.3 percent, but Gandhi said the city has failedc to collect many of the taxews it expected when the city doubled the vacang property tax rate from $5 per $100 of assessedf value to $10 of assessed value.
He attributed a $37 million drop in 2009 collectionsw through May to properties the has reclassifiedf from vacant to the regular residentia l orcommercial rates. Other property owners have simplyu not paidtheir taxes, causing another $20 millioh drop in collections.
Thursday, December 2, 2010
Washington (Pa.) Hospital expects to post loss - Pittsburgh Business Times:
http://www.e-fabre.org/Hannetons.html
The reductions will resulg in the immediate furlough of 60 to 70 peopld at a facility wherrearound 2,000 people the county’s biggest employer, Weinstein said. The fiscalp year ends June 30, but the anticipated loss hasn’r been determined. The hospital has a budget of abouyt $220 million and finished last year with asmall “The hospital is maintaining all of its Weinstein said, “and we’ll emerge from this as a strony community hospital.” Hospital admissions and outpatieng visits have been essentially flat this year when comparede to last year at Washington, despitse some population growth in the hospital’s service Weinstein said.
Job uncertainty, rising insurancwe co-pays and the souring economy were blamecd for lower medical facilityutilizationj rates.
The reductions will resulg in the immediate furlough of 60 to 70 peopld at a facility wherrearound 2,000 people the county’s biggest employer, Weinstein said. The fiscalp year ends June 30, but the anticipated loss hasn’r been determined. The hospital has a budget of abouyt $220 million and finished last year with asmall “The hospital is maintaining all of its Weinstein said, “and we’ll emerge from this as a strony community hospital.” Hospital admissions and outpatieng visits have been essentially flat this year when comparede to last year at Washington, despitse some population growth in the hospital’s service Weinstein said.
Job uncertainty, rising insurancwe co-pays and the souring economy were blamecd for lower medical facilityutilizationj rates.
Tuesday, November 30, 2010
Comcast steps up to the plate for Red Sox Foundation - Boston Business Journal:
http://studenica.org/accomplishments_se.html
It's a win-win for the Philadelphia-based companh with local offices in Greater Boston sincre the donation ties in withits "triple play" promotionh for its services. Comcast is also producint a public service announcementworth $300,000 featuring the 2007 Red Sox scholarws -- 25 students. Meg Vaillancourt, the executive directo of the RedSox Foundation, said this is the firsty time the charitable arm of the sporte franchise is seeking above and beyond its normapl ask of $125,000 for the Red Sox Scholares program -- in which each scholar receivedx $5,000 for college.
Scholarships are now $10,000o per child, and the program has expandede to include morefield trips, job shadows (kids get to find out about jobs in various and more attention overall to the children's development. The scholarship program, started in chooses fifth-graders who have demonstrated talentand character, and are in need of financiakl assistance in getting to When the kids, selected from Bostohn Public Schools, reach sixth grade, the prograkm starts with field trips and mentoring from front-officwe Red Sox staff. Prior to this year, the foundation worked strictly with Building Educated Leaderz forLife (BELL) in Dorchester.
Now it's opened the vetting procesd to all Boston PublicSchoolsa -- hence a 600 percent increase in application s this year. And because the progra demands moremoney ($250,000 for the scholarshipes plus $50,000 to cover activity costs) Vaillancourtf made the pitch to Comcast. in Bostom is the presenting sponsor for the RedSox Scholars; the hospitak offers medical mentoring and support to the scholara program. Martinis, music and money After his delicate performancew of Chopin at theState Room, Robert B. Frasef stood and addressed the crowd dressed inbusinessz casual, some with artistic flair.
"Businesds has been reluctant to get in bed with the said Fraser, to those of us nibblingy on cheese and sippinfg cocktails. Fraser is the founding chairman of the boars of theArts & Business Councik of Greater Boston, a nonprofit that works to bringt business professionals together with arts organizations to grow the arts economt in Boston. The evening was the organization's second-annualo Martinis & Masterpieces fund-raiser. Though Fraser may be the tide maybe turning. This year'w event, held June 13, yielded $100,000o raised with 300 people attendingthe evening, which includeed good eats by Jules Catering, a silent auction of art -- photographs, sculptures -- and services.
Last year about 280 people attendedthe event, which raisee $50,000. "I don't thin they're reluctant," said Celeste Wilson, the Arts Business Council's executive director. "It's usually done on an individuap basis." , , and Hale and and the Bostonm Business Journal were among the companiesx supportingthe evening. Threse years ago, Charlotte Clark got turned onto cooking, attendingb the Big Sister Association of Greater Boston fund-raiser at Radius in Boston with her Big Sister, Colleebn Kenney, an investment banker in Boston.
This year she returned to help the illustriousw line of local chefs crank outa six-course meal for the $500-ticket holders to the same annual event. The June 3 event, whichg like last year's was held at raised $100,000 for the associatio that, since 1951, has been providing mentoringt relationships for girls ages 7 to 15 who come fromdisadvantages homes. Clark, a sophomore at Johnson Wales Universityin Providence, has been in the Big Sister program sincse 1999.
It's a win-win for the Philadelphia-based companh with local offices in Greater Boston sincre the donation ties in withits "triple play" promotionh for its services. Comcast is also producint a public service announcementworth $300,000 featuring the 2007 Red Sox scholarws -- 25 students. Meg Vaillancourt, the executive directo of the RedSox Foundation, said this is the firsty time the charitable arm of the sporte franchise is seeking above and beyond its normapl ask of $125,000 for the Red Sox Scholares program -- in which each scholar receivedx $5,000 for college.
Scholarships are now $10,000o per child, and the program has expandede to include morefield trips, job shadows (kids get to find out about jobs in various and more attention overall to the children's development. The scholarship program, started in chooses fifth-graders who have demonstrated talentand character, and are in need of financiakl assistance in getting to When the kids, selected from Bostohn Public Schools, reach sixth grade, the prograkm starts with field trips and mentoring from front-officwe Red Sox staff. Prior to this year, the foundation worked strictly with Building Educated Leaderz forLife (BELL) in Dorchester.
Now it's opened the vetting procesd to all Boston PublicSchoolsa -- hence a 600 percent increase in application s this year. And because the progra demands moremoney ($250,000 for the scholarshipes plus $50,000 to cover activity costs) Vaillancourtf made the pitch to Comcast. in Bostom is the presenting sponsor for the RedSox Scholars; the hospitak offers medical mentoring and support to the scholara program. Martinis, music and money After his delicate performancew of Chopin at theState Room, Robert B. Frasef stood and addressed the crowd dressed inbusinessz casual, some with artistic flair.
"Businesds has been reluctant to get in bed with the said Fraser, to those of us nibblingy on cheese and sippinfg cocktails. Fraser is the founding chairman of the boars of theArts & Business Councik of Greater Boston, a nonprofit that works to bringt business professionals together with arts organizations to grow the arts economt in Boston. The evening was the organization's second-annualo Martinis & Masterpieces fund-raiser. Though Fraser may be the tide maybe turning. This year'w event, held June 13, yielded $100,000o raised with 300 people attendingthe evening, which includeed good eats by Jules Catering, a silent auction of art -- photographs, sculptures -- and services.
Last year about 280 people attendedthe event, which raisee $50,000. "I don't thin they're reluctant," said Celeste Wilson, the Arts Business Council's executive director. "It's usually done on an individuap basis." , , and Hale and and the Bostonm Business Journal were among the companiesx supportingthe evening. Threse years ago, Charlotte Clark got turned onto cooking, attendingb the Big Sister Association of Greater Boston fund-raiser at Radius in Boston with her Big Sister, Colleebn Kenney, an investment banker in Boston.
This year she returned to help the illustriousw line of local chefs crank outa six-course meal for the $500-ticket holders to the same annual event. The June 3 event, whichg like last year's was held at raised $100,000 for the associatio that, since 1951, has been providing mentoringt relationships for girls ages 7 to 15 who come fromdisadvantages homes. Clark, a sophomore at Johnson Wales Universityin Providence, has been in the Big Sister program sincse 1999.
Saturday, November 27, 2010
Downtown Kansas City hotel proposal isn
http://www.chinese-solar.com/art-hobbies.html
Councilwoman Cindy Circo is, too, and said afted the consultants’ presentation that she was pleasantlyu surprised none of her colleagues had expressex reservations aboutthe $300 million hotel, whicbh would require substantial public financing. “Let’xs get at it and get off the said Circo, who joined her peers in advancingt a proposal tospend $150,000 on the selectioj of a site, development team and financing team. Aftetr the proceedings, however, sources outside City Hall suggestesd the exuberance might be abit “I just think we need to study it said Kevin Pistilli, presidentr of the , which operates the 983-roo . “This thing seems to be moving awfully quick.
” Proponents, led by officials with the , ramped up theirf lobbying last year, after said it was relocating a Januaryt meeting that had attracted as many as 8,00 managers a year to Kansas City since 1997. Pistilliu said Wal-Mart cited several reasons for the moveto Fla., including that city’sw superior winter weather and airline Proponents of the new convention hotel seized on Wal-Mart’s contention that Kansas City doesn’t have enouguh hotel rooms near its convention center.
Duringh the May 21 hotel discussion, City Manager Waynwe Cauthen cited a 2007 consultant study showingv that Kansas City needs to use seveb hotels to accommodate a downtowh conventionrequiring 2,000 rooms. An insufficient hotel package has cost thecity $4 billion in business, according to a reportt presented by Rick Hughes, CEO of the Kansas City CVA. He said Kansads City is the only U.S. convention player that has not developede a large convention hotelsince 1985, when the Marriott Downtownn opened. “It’s been like an arms race,” Tom executive director of the , said of the nationwide rush to builfdhotel space. With area hotel occupancy averaging 47.
1 percent through April down 6.3 percentage points from the same period in 2008 the city might be better off tryingf to attractmore small-- to medium-sized conventions, or “selling what we he said. Holden cited a 2005 “Space Available,” which found that U.S. convention attendance has been flat or in decline sincethe mid-1990s and that cities, ignoring that have created a glut of convention space. “Thd report is dated,” he “But there’s still a lot of trutu to it. I mean, we used to have one of the top 10conventioj centers, spacewise, in the country.
Now, all of the majord and second-tier cities are trying to get a piecs of that convention and tourism buck. And it’s not 10 or 12 cities going aftedit anymore. It’s probablyu 200 to 300 cities.” Mayor Mark Funkhouser said during the May 21 hotel discussion that hewould “get on board” with the proposal only if a rigoroues third-party study shows that the project wouldc create net new economic benefit for the city. Jeffreyu Marvel of Kansas City-based , which performs various typew of hotel-project analyses, agreed with the mayor’s position.
Marvekl said the city’s hotel-financing consultantsw — John Kaatz of Minneapolis-basecd and Mark Tobin of Denver-based — appeared to have done an adequatse job of laying out the primaryfinancing alternatives: privatr ownership with public subsidies and publiv ownership with tax-exempt bond “They get into some case studies involving differenft cities, the structures they used (to financr new hotels) and the unique characteristics of each city’s financiap deal,” Marvel said. “But the one thingg I found missingwas results.
There’s nothintg about how these projects have turned Funkhouser said that two hotep projects cited in thereport “arde not making debt service.” Not cited in the report is a conventionj hotel on the other side of the state the 1,081-room in St. Louis. The hotel opened in 2003 but was foreclosedd on in February after it failed to meet revenue projections and itspreviousw owner, , defaulted on its bond The hotel was put up for auction, and its bondholderxs took ownership after their trustee, , offered the sole bid of $98 milliojn — the amount of debt on the Holden of the Kansas City hotek and lodging association said the bondholders got a good considering that more than $120 million in state and federal aid had gone into the Renaissance whiles its private investors chipped in about 10 percent of its “We should have boughrt it, floated it up the river on a barge and moved it right into Downtown (Kansasw City),” Holden said.
To prevent such a debacle, Marvel Kansas City needs to analyzw local market supplyand demand. Such a study, he would address the fact that convention business represents only abour 40 percent ofdowntown hotels’ overall The other 60 percentt comes from leisure and business travel — markets that woule be diluted by the introduction of a largd downtown competitor, Marvel said. “I don’ty know what I feel about a 1,000-room hotel yet,” Pistilli “But I’m concerned about a rush to builxda 1,000-room hotel without doing the other thingz that need to be done to increase leisurwe and business occupancy.
If we don’t do thoser things, as well as the thingds we need to do to increasegroupo occupancy, we could have a big challengw on our hands.”
Councilwoman Cindy Circo is, too, and said afted the consultants’ presentation that she was pleasantlyu surprised none of her colleagues had expressex reservations aboutthe $300 million hotel, whicbh would require substantial public financing. “Let’xs get at it and get off the said Circo, who joined her peers in advancingt a proposal tospend $150,000 on the selectioj of a site, development team and financing team. Aftetr the proceedings, however, sources outside City Hall suggestesd the exuberance might be abit “I just think we need to study it said Kevin Pistilli, presidentr of the , which operates the 983-roo . “This thing seems to be moving awfully quick.
” Proponents, led by officials with the , ramped up theirf lobbying last year, after said it was relocating a Januaryt meeting that had attracted as many as 8,00 managers a year to Kansas City since 1997. Pistilliu said Wal-Mart cited several reasons for the moveto Fla., including that city’sw superior winter weather and airline Proponents of the new convention hotel seized on Wal-Mart’s contention that Kansas City doesn’t have enouguh hotel rooms near its convention center.
Duringh the May 21 hotel discussion, City Manager Waynwe Cauthen cited a 2007 consultant study showingv that Kansas City needs to use seveb hotels to accommodate a downtowh conventionrequiring 2,000 rooms. An insufficient hotel package has cost thecity $4 billion in business, according to a reportt presented by Rick Hughes, CEO of the Kansas City CVA. He said Kansads City is the only U.S. convention player that has not developede a large convention hotelsince 1985, when the Marriott Downtownn opened. “It’s been like an arms race,” Tom executive director of the , said of the nationwide rush to builfdhotel space. With area hotel occupancy averaging 47.
1 percent through April down 6.3 percentage points from the same period in 2008 the city might be better off tryingf to attractmore small-- to medium-sized conventions, or “selling what we he said. Holden cited a 2005 “Space Available,” which found that U.S. convention attendance has been flat or in decline sincethe mid-1990s and that cities, ignoring that have created a glut of convention space. “Thd report is dated,” he “But there’s still a lot of trutu to it. I mean, we used to have one of the top 10conventioj centers, spacewise, in the country.
Now, all of the majord and second-tier cities are trying to get a piecs of that convention and tourism buck. And it’s not 10 or 12 cities going aftedit anymore. It’s probablyu 200 to 300 cities.” Mayor Mark Funkhouser said during the May 21 hotel discussion that hewould “get on board” with the proposal only if a rigoroues third-party study shows that the project wouldc create net new economic benefit for the city. Jeffreyu Marvel of Kansas City-based , which performs various typew of hotel-project analyses, agreed with the mayor’s position.
Marvekl said the city’s hotel-financing consultantsw — John Kaatz of Minneapolis-basecd and Mark Tobin of Denver-based — appeared to have done an adequatse job of laying out the primaryfinancing alternatives: privatr ownership with public subsidies and publiv ownership with tax-exempt bond “They get into some case studies involving differenft cities, the structures they used (to financr new hotels) and the unique characteristics of each city’s financiap deal,” Marvel said. “But the one thingg I found missingwas results.
There’s nothintg about how these projects have turned Funkhouser said that two hotep projects cited in thereport “arde not making debt service.” Not cited in the report is a conventionj hotel on the other side of the state the 1,081-room in St. Louis. The hotel opened in 2003 but was foreclosedd on in February after it failed to meet revenue projections and itspreviousw owner, , defaulted on its bond The hotel was put up for auction, and its bondholderxs took ownership after their trustee, , offered the sole bid of $98 milliojn — the amount of debt on the Holden of the Kansas City hotek and lodging association said the bondholders got a good considering that more than $120 million in state and federal aid had gone into the Renaissance whiles its private investors chipped in about 10 percent of its “We should have boughrt it, floated it up the river on a barge and moved it right into Downtown (Kansasw City),” Holden said.
To prevent such a debacle, Marvel Kansas City needs to analyzw local market supplyand demand. Such a study, he would address the fact that convention business represents only abour 40 percent ofdowntown hotels’ overall The other 60 percentt comes from leisure and business travel — markets that woule be diluted by the introduction of a largd downtown competitor, Marvel said. “I don’ty know what I feel about a 1,000-room hotel yet,” Pistilli “But I’m concerned about a rush to builxda 1,000-room hotel without doing the other thingz that need to be done to increase leisurwe and business occupancy.
If we don’t do thoser things, as well as the thingds we need to do to increasegroupo occupancy, we could have a big challengw on our hands.”
Thursday, November 25, 2010
Neuralstem wins patent for neurogenesis - Washington Business Journal:
paramonaxogilozi.blogspot.com
Rockville-based Neuralstem (AMEX: CUR) announcedx Thursday that it had been granted a patent on four new chemicalo entities that boost the generation of new The company’s patent application, titled “Use of Fused Nicotinamides to Promote Neurogenesis,” claimz four chemical entities and any pharmaceutical composition includiny them. “The ability to promote neurogenesis — the birth of new neuronz in the adultbrain — has recentlyh been a focus of intensd research by scientists and pharmaceutical companies worldwide, said Neuralstemk CEO Richard Garr.
“These four compounds, with potent demonstratecd neurogenic activity were discoveredentirely in-house and are owned by the These are the only drugz we are aware of with the demonstrate ability to stimulate neurogenesis of normal adult brain cells." Neuralstenm expects to be in a Phase I safety trials for treatmeng of major depression with the lead compounr from the four-chemical group by early next year. The company also expectsw to be testing compoundsfor stroke, traumatic brain injury and other major indications.
Rockville-based Neuralstem (AMEX: CUR) announcedx Thursday that it had been granted a patent on four new chemicalo entities that boost the generation of new The company’s patent application, titled “Use of Fused Nicotinamides to Promote Neurogenesis,” claimz four chemical entities and any pharmaceutical composition includiny them. “The ability to promote neurogenesis — the birth of new neuronz in the adultbrain — has recentlyh been a focus of intensd research by scientists and pharmaceutical companies worldwide, said Neuralstemk CEO Richard Garr.
“These four compounds, with potent demonstratecd neurogenic activity were discoveredentirely in-house and are owned by the These are the only drugz we are aware of with the demonstrate ability to stimulate neurogenesis of normal adult brain cells." Neuralstenm expects to be in a Phase I safety trials for treatmeng of major depression with the lead compounr from the four-chemical group by early next year. The company also expectsw to be testing compoundsfor stroke, traumatic brain injury and other major indications.
Tuesday, November 23, 2010
New rules may protect appraisers, but drive up buyers
http://e-book-sviyash.com/books/1/page8.html
Federal regulations aimed at putting more distance between mortgagwe brokers and home appraisers require lenderse touse “appraisal management companies” to ordet appraisals. The idea is to preveng brokers from pressuring appraisers to hitcertaib values. However, some say the new rules also are pushingb up the price and length of time for The new rules went into effect May 1 as part ofthe “Homd Valuation Code of Conduct” which keeps mortgage brokera from hand picking appraisers. In fact, the two are not allowedc to communicateat all. Only bankd that show they select appraisers through a strict rotation system can contactappraisers directly.
Nashville’sx uses a Web-based appraisal management company and can only communicate with an assigned appraiser by posting a question onthe Web, says Ross senior vice president of mortgage Kinney says the additional steps have pushed up the cost of appraisalss by 6 percent to 10 percent for the compan they use. Others are even “It’s a substantial difference in the way mortgagesare originated. I’m sure that will bringf more independence, which is a good thing,” Kinneuy says. “But I’m not sure how it is goin to affecthome buyers.
If they are non-experienced or out-of-markey appraisers, it will be interestint to see how that plays Appraiser Danny Wylie of in Nashville sayshe won’t deal with most appraisal management companies because they take a high percentagde of his fee. He charges $400 to $450 as an experiencex appraiser, but management firms oftenh want to hire himfor $275 or less. Wylies says he’s considered settin g up his own management but he says he would have to hire less experienceed appraisers to make it work Despitethe challenges, Wylie thinks the changes are better for He says he lost business because he wouldn’g lie on an appraisal. That bank nevefr called him again.
“One of the problems has been that unscrupulouss brokers could pick unscrupulous appraisers who would pick whatevet valuewas needed,” he The new regulations also set up a whistleblower hotlinse for those suspecting such activity. Under the new appraisals take longer because the market is more complex and the rule s requiremore data, Wylie Lenders want information on absorption rates, supply and economi conditions, he says. One locapl company, , has seen a surger of business fromthe regulations. The family-ownec business in Franklin is primarily a mortgagecompliancee business, which means it checks loans for fraud.
A few years ago, the company developed a databaseson appraisers, with information such as how many appraisals they’ve done and if they’vwe ever been involved in a high-risk loan. With the new the appraisal management side ofQuality Mortgage’s businessd has ballooned — up 500 percentg since last year, says executive vice president Tomm y Duncan. Duncan’s phone started ringing in March and April with lenders lookingv for appraisalmanagement services. He’s hired three people in the past three months and is lookinf to expand to alargee space.
He’s already had to turn down two lenders on the West Coastr becausehe couldn’t handle the volume of work they had. Duncan says he chargesd about 25 percent to 35 percenf of the appraisal fee for themanagement services, adding that some managementg firms charge as much as half. Appraisal prices depened on the city and can rangefrom $350 to Duncan supports the conduct code. He, too, has been cut off in the past by a lenderwho didn’t like one of his “My job is to rotate appraisalxs among credentialed appraisers without any discriminatioh or favoritism,” he says.
The conduct code “is probablyy a positive step to mend some of the problems that are alreadout there, but I’m not saying its a cure Part of the new regulations is that anyons who makes money off a real estatse deal can’t speak to the appraiser. Dianne Payne, regionaol production manager for the mortgage divisionof Memphis-basede , says her bank has been usinhg a rotation system to select appraisers for a year and instead of an appraisal management firm. It eliminatesd any favoritism, as agents can no longer requestspecifidc appraisers, she says. “It’s a more level playint field,” she says.
Federal regulations aimed at putting more distance between mortgagwe brokers and home appraisers require lenderse touse “appraisal management companies” to ordet appraisals. The idea is to preveng brokers from pressuring appraisers to hitcertaib values. However, some say the new rules also are pushingb up the price and length of time for The new rules went into effect May 1 as part ofthe “Homd Valuation Code of Conduct” which keeps mortgage brokera from hand picking appraisers. In fact, the two are not allowedc to communicateat all. Only bankd that show they select appraisers through a strict rotation system can contactappraisers directly.
Nashville’sx uses a Web-based appraisal management company and can only communicate with an assigned appraiser by posting a question onthe Web, says Ross senior vice president of mortgage Kinney says the additional steps have pushed up the cost of appraisalss by 6 percent to 10 percent for the compan they use. Others are even “It’s a substantial difference in the way mortgagesare originated. I’m sure that will bringf more independence, which is a good thing,” Kinneuy says. “But I’m not sure how it is goin to affecthome buyers.
If they are non-experienced or out-of-markey appraisers, it will be interestint to see how that plays Appraiser Danny Wylie of in Nashville sayshe won’t deal with most appraisal management companies because they take a high percentagde of his fee. He charges $400 to $450 as an experiencex appraiser, but management firms oftenh want to hire himfor $275 or less. Wylies says he’s considered settin g up his own management but he says he would have to hire less experienceed appraisers to make it work Despitethe challenges, Wylie thinks the changes are better for He says he lost business because he wouldn’g lie on an appraisal. That bank nevefr called him again.
“One of the problems has been that unscrupulouss brokers could pick unscrupulous appraisers who would pick whatevet valuewas needed,” he The new regulations also set up a whistleblower hotlinse for those suspecting such activity. Under the new appraisals take longer because the market is more complex and the rule s requiremore data, Wylie Lenders want information on absorption rates, supply and economi conditions, he says. One locapl company, , has seen a surger of business fromthe regulations. The family-ownec business in Franklin is primarily a mortgagecompliancee business, which means it checks loans for fraud.
A few years ago, the company developed a databaseson appraisers, with information such as how many appraisals they’ve done and if they’vwe ever been involved in a high-risk loan. With the new the appraisal management side ofQuality Mortgage’s businessd has ballooned — up 500 percentg since last year, says executive vice president Tomm y Duncan. Duncan’s phone started ringing in March and April with lenders lookingv for appraisalmanagement services. He’s hired three people in the past three months and is lookinf to expand to alargee space.
He’s already had to turn down two lenders on the West Coastr becausehe couldn’t handle the volume of work they had. Duncan says he chargesd about 25 percent to 35 percenf of the appraisal fee for themanagement services, adding that some managementg firms charge as much as half. Appraisal prices depened on the city and can rangefrom $350 to Duncan supports the conduct code. He, too, has been cut off in the past by a lenderwho didn’t like one of his “My job is to rotate appraisalxs among credentialed appraisers without any discriminatioh or favoritism,” he says.
The conduct code “is probablyy a positive step to mend some of the problems that are alreadout there, but I’m not saying its a cure Part of the new regulations is that anyons who makes money off a real estatse deal can’t speak to the appraiser. Dianne Payne, regionaol production manager for the mortgage divisionof Memphis-basede , says her bank has been usinhg a rotation system to select appraisers for a year and instead of an appraisal management firm. It eliminatesd any favoritism, as agents can no longer requestspecifidc appraisers, she says. “It’s a more level playint field,” she says.
Monday, November 22, 2010
Congress approves funding for 8 Boeing C-17s - Puget Sound Business Journal (Seattle):
http://board.sektanti.ru/help.php
The bill appropriates $2.2 billion to buy eighr additionaleight C-17 planews in the 2009 fiscal year, which ends 30. Sen. Kit Bond, R-Missouri, and Sen. Dianne D-California, They had pushed for 15 more "This eight is good news," said George Roman, Boeing's vice president of governmenft relations andregional executive. "Igt validates the importance of this product and the role and missioh it supplies our soldiers and Romansaid Chicago-based Boeing Co. (NYSE: BA) will seek fundingg for an additional15 C-17s in the 2010 fiscal year supplementapl appropriations bill. "We believed there continues to be a need for this product forthe U.S.
militaryt and as a humanitarian role," he said. The C-17 progranm when Defense Secretary Robertt Gates proposed to end production ofthe C-17 this year afterf a remaining handful already orderecd are built. The C-17 program employs 900 people atits Hazelwood, Mo., facility, according to Boeing.
The bill appropriates $2.2 billion to buy eighr additionaleight C-17 planews in the 2009 fiscal year, which ends 30. Sen. Kit Bond, R-Missouri, and Sen. Dianne D-California, They had pushed for 15 more "This eight is good news," said George Roman, Boeing's vice president of governmenft relations andregional executive. "Igt validates the importance of this product and the role and missioh it supplies our soldiers and Romansaid Chicago-based Boeing Co. (NYSE: BA) will seek fundingg for an additional15 C-17s in the 2010 fiscal year supplementapl appropriations bill. "We believed there continues to be a need for this product forthe U.S.
militaryt and as a humanitarian role," he said. The C-17 progranm when Defense Secretary Robertt Gates proposed to end production ofthe C-17 this year afterf a remaining handful already orderecd are built. The C-17 program employs 900 people atits Hazelwood, Mo., facility, according to Boeing.
Saturday, November 20, 2010
Friday, November 19, 2010
'Unstoppable' a tense action tale told masterfully - Tulsa World
http://consumervideotips.com/2008/11/26/online-resources-for-planning-a-photovideo-trip/
'Unstoppable' a tense action tale told masterfully Tulsa World Denzel Washington and Chris Pine race the clock to prevent disaster in a highly populated area. ROBERT ZUCKERMAN/Twentieth Century Fox Film By MICHAEL SMITH ... |
Wednesday, November 17, 2010
Planned layoffs fall 16% in May - Orlando Business Journal:
http://www.thenewpornigraphers.com/article/8-megapixel-mini-cameras-coming-.html
In its latest report on monthlyjob cuts, noted that the May job cuts were 7.4 percenf more than the 103,522 announced in the same month a year ago. This year has not been kind to The report found that so far in 2009 employers haveannounced 822,282 job cuts, more than doublre the 394,193 announced through May last year. But whiled job cuts remained well abovelast year's pace, May markes the fourth consecutive monthn with a decline in job-cu t announcements. Since reaching a peak of 241,7490 in January, job-cut totals have fallen by an averageof 17.5 percenft per month. CEO John Challenger remains cautious about the jobmarketzs prospects.
“This decline in job cuts could be Challenger said. “The second quarter is typically the lowesyt quarter of the year when it comes to job Corporate downsizing may continue to remain slow during thesummerf months, but if the past is any indication, we could see the pace acceleratr again in the latter half of the thir d quarter through the end of the year."
In its latest report on monthlyjob cuts, noted that the May job cuts were 7.4 percenf more than the 103,522 announced in the same month a year ago. This year has not been kind to The report found that so far in 2009 employers haveannounced 822,282 job cuts, more than doublre the 394,193 announced through May last year. But whiled job cuts remained well abovelast year's pace, May markes the fourth consecutive monthn with a decline in job-cu t announcements. Since reaching a peak of 241,7490 in January, job-cut totals have fallen by an averageof 17.5 percenft per month. CEO John Challenger remains cautious about the jobmarketzs prospects.
“This decline in job cuts could be Challenger said. “The second quarter is typically the lowesyt quarter of the year when it comes to job Corporate downsizing may continue to remain slow during thesummerf months, but if the past is any indication, we could see the pace acceleratr again in the latter half of the thir d quarter through the end of the year."
Evergreen
http://best-go.biz/?f=5&n=4
The Marlborough solar company (Nasdaq: ESLR) announced last montbh it would contractwith Ltd. to manufacturw up to 100 megawatts of its string ribbon solar panels. Evergreen Solar would make its proprietary photovoltaic wafere in leased space in China and Jaiwei would proces those wafers into Evergreen panels fora fee. Whiles the move to expand into lower-cost production areas like China was expected by many in thesolar industry, it may foreshadoq a change in focus for Evergreen’s Devens operation s away from the wafer-to-panel manufacturin g currently performed by hundreds of employeez today.
Evergreen Solar CEO Richared Feldt alluded inthe company’s last quarterly earnings call to an alternativ e future, one that could make the company’xs Devens facility purely a solar wafer-producing factory ratherr than a full-scale manufacturing He said in the conferencee that while long-term therde is “a home for Evergreen is looking for ways to reducee costs, but if the company is unable to trim fast enough, it coulde move equipment from Devens. “We’ll make Devens some more of a wafer-onlyg facility, because our wafer costs are such that they are much less dependen on or influenced by labor and at the Devens could become a wafer he said.
Evergreen Solar broke grouncd on its Devens facility with much andfinancial support, in September 2007. The company received $23 millioh in grants from the state, up to $17.5 million in low-interes t loans and a low-cost 30-year lease of state-owned propertuy at the former army along with a broader commitment from statw leaders to promote solar installation to keep Evergreenj Solar inthe state.
Once fully operational later this the 450,000-square-foot facility was expectefd to create 700 new technical and manufacturing jobs and bring the company’s Massachusetts employment to more than Company spokesman Chris Lawson called Feldt’s comment “speculative” and said Evergreenb is fully committed to ramping up Devenz to capacity. But analysts say they woule not be surprised if Evergreen dedicated Devenes to supplying its unique string ribbon waferz and left the panel making tocheaperf countries.
“One of the constraints the company is findinf isthat it’s very capital intensive to fund the entire system,” said Rick analyst at “What’s really uniquse about Evergreen Solar is their string ribbon technology. What’s not necessarilhy unique about Devens is the labor Wafer production is far less labof intensive because of the use of robot and automated with workers operatingthe machinery. Yet even as the Devends facility operates at peak capacity and Evergreen Solar will still see significant cost saving by manufacturingin China. In the call, Feldt said it wouls cost $1.40 to $1.
50 centws per watt to build panelsin China, but coulr be less than $1 per watt by 2012. Deven s is expected to lower its production costto $2 per watt by the end of the year from arouncd $3 per watt at the beginnin of the year because of efficiency improvementws and larger production volume. Bringing down operatinfg expenses is criticalfor Evergreen, which has been burniny through cash as it ramps up Devens. Before it announcedr plans earlier this month toraiswe $60 million in a stoco offering, the company had $60 milliob in cash on hand, but spent $47.67 million in the first quarter.
The company’s capitak needs for 2009 include $40 milliohn to pay for completion of theDevens plant, $10 millio for a materials processing plant in Midland, and $7 million for debt Evergreen solar posted a $64.3 millioj net loss in the firstf quarter and a $44.2 million net loss in the fourthu quarter of 2008 The proceedx of the stock offering will cover most of those needs, as well as fund the $15 millionj to $20 million in start up costs for the Chinaa plant. But there are reasonx Evergreen Solar executives may hesitatw to change courseat Devens. They have already invested time and moneuy in the panel making equipmentrand staff, which would be difficuly to move overseas.
Some of the statde incentives are tiedto job-growth numberas and an official who spoke on condition of anonymit said the company is in Hanna, of Morningstar, said expectx Devens to continue to do some pane l manufacturing in the near term, “although whethedr or not they continue to expand it, there’s a lot of Feldt said there are no immediate plans to expansd Devens further.
The Marlborough solar company (Nasdaq: ESLR) announced last montbh it would contractwith Ltd. to manufacturw up to 100 megawatts of its string ribbon solar panels. Evergreen Solar would make its proprietary photovoltaic wafere in leased space in China and Jaiwei would proces those wafers into Evergreen panels fora fee. Whiles the move to expand into lower-cost production areas like China was expected by many in thesolar industry, it may foreshadoq a change in focus for Evergreen’s Devens operation s away from the wafer-to-panel manufacturin g currently performed by hundreds of employeez today.
Evergreen Solar CEO Richared Feldt alluded inthe company’s last quarterly earnings call to an alternativ e future, one that could make the company’xs Devens facility purely a solar wafer-producing factory ratherr than a full-scale manufacturing He said in the conferencee that while long-term therde is “a home for Evergreen is looking for ways to reducee costs, but if the company is unable to trim fast enough, it coulde move equipment from Devens. “We’ll make Devens some more of a wafer-onlyg facility, because our wafer costs are such that they are much less dependen on or influenced by labor and at the Devens could become a wafer he said.
Evergreen Solar broke grouncd on its Devens facility with much andfinancial support, in September 2007. The company received $23 millioh in grants from the state, up to $17.5 million in low-interes t loans and a low-cost 30-year lease of state-owned propertuy at the former army along with a broader commitment from statw leaders to promote solar installation to keep Evergreenj Solar inthe state.
Once fully operational later this the 450,000-square-foot facility was expectefd to create 700 new technical and manufacturing jobs and bring the company’s Massachusetts employment to more than Company spokesman Chris Lawson called Feldt’s comment “speculative” and said Evergreenb is fully committed to ramping up Devenz to capacity. But analysts say they woule not be surprised if Evergreen dedicated Devenes to supplying its unique string ribbon waferz and left the panel making tocheaperf countries.
“One of the constraints the company is findinf isthat it’s very capital intensive to fund the entire system,” said Rick analyst at “What’s really uniquse about Evergreen Solar is their string ribbon technology. What’s not necessarilhy unique about Devens is the labor Wafer production is far less labof intensive because of the use of robot and automated with workers operatingthe machinery. Yet even as the Devends facility operates at peak capacity and Evergreen Solar will still see significant cost saving by manufacturingin China. In the call, Feldt said it wouls cost $1.40 to $1.
50 centws per watt to build panelsin China, but coulr be less than $1 per watt by 2012. Deven s is expected to lower its production costto $2 per watt by the end of the year from arouncd $3 per watt at the beginnin of the year because of efficiency improvementws and larger production volume. Bringing down operatinfg expenses is criticalfor Evergreen, which has been burniny through cash as it ramps up Devens. Before it announcedr plans earlier this month toraiswe $60 million in a stoco offering, the company had $60 milliob in cash on hand, but spent $47.67 million in the first quarter.
The company’s capitak needs for 2009 include $40 milliohn to pay for completion of theDevens plant, $10 millio for a materials processing plant in Midland, and $7 million for debt Evergreen solar posted a $64.3 millioj net loss in the firstf quarter and a $44.2 million net loss in the fourthu quarter of 2008 The proceedx of the stock offering will cover most of those needs, as well as fund the $15 millionj to $20 million in start up costs for the Chinaa plant. But there are reasonx Evergreen Solar executives may hesitatw to change courseat Devens. They have already invested time and moneuy in the panel making equipmentrand staff, which would be difficuly to move overseas.
Some of the statde incentives are tiedto job-growth numberas and an official who spoke on condition of anonymit said the company is in Hanna, of Morningstar, said expectx Devens to continue to do some pane l manufacturing in the near term, “although whethedr or not they continue to expand it, there’s a lot of Feldt said there are no immediate plans to expansd Devens further.
Tuesday, November 16, 2010
Motivation is key - Hannibal.net (blog)
http://www.asklaptopfreak.com/laptop-notebook-help/2006/06/28/thinkpad-screen-yellow-tint/
Motivation is key Hannibal.net (blog) After a very motivating conversation with my workout buddy, I regained focus. It was this friend, and the help of others to remind me that I can do this and ... |
Sunday, November 14, 2010
La Madeleine chooses new HQ site in Dallas - Puget Sound Business Journal (Seattle):
younkinesagugad1746.blogspot.com
La Madeleine said it will relocate into 17,000 square feet at 12201 Meri t Drive in Dallas. The building that will houser the restaurant chain is a Clasxs A building that just recentlyunderwentf renovation. Le Madeleine signed a 10-year lease with Parmentetr Two Forest LP for the La Madeleine said it was attracted to the space becausre the facility provides the company with the room neededr to grow withthe company. Dallas-basedr architectural firm Benson and Hlavaty will design theinteriof space. The facility is scheduled to be ready for its new tenants in mid-July. La Madeleine's current headquarters is at 6688 N. Centrap Exwy, Ste.
700 in La Madeleine was represented by Josh senior vice presidentwith ; and Sharron Morrison, principal with The landlord was represented by Matt Schendle, vice presidenr with .
La Madeleine said it will relocate into 17,000 square feet at 12201 Meri t Drive in Dallas. The building that will houser the restaurant chain is a Clasxs A building that just recentlyunderwentf renovation. Le Madeleine signed a 10-year lease with Parmentetr Two Forest LP for the La Madeleine said it was attracted to the space becausre the facility provides the company with the room neededr to grow withthe company. Dallas-basedr architectural firm Benson and Hlavaty will design theinteriof space. The facility is scheduled to be ready for its new tenants in mid-July. La Madeleine's current headquarters is at 6688 N. Centrap Exwy, Ste.
700 in La Madeleine was represented by Josh senior vice presidentwith ; and Sharron Morrison, principal with The landlord was represented by Matt Schendle, vice presidenr with .
Saturday, November 13, 2010
Kauai home prices rise, condos fall - Pacific Business News (Honolulu):
http://media-garden-hotel.com/actualites.php?id=9
However, the median price for both categoriess was based on much lower sales volumee compared to the same month ayear ago, accordingg to statistics from . The median priced of a single-family home on Kauai last month was which was 19 percent over May 2007 when it was The year-to-date median price was $655,000, no changr from 2007. The median price of a condo was down more than 10 percent from the May 2007 mediann priceof $700,000. The median pricd for the first five month of the yearwas $579,500, more than 10 percent above the same periord in 2007, when it was $525,000.
Theree were just 20 single-family homes sold in May on the Garden down 51 percent from May 2007 when therd were 41homes sold. Year-to-date, there were 119 houses sold during the first five months ofthe year, down 40 percentt from the same period in 2007, when theree were 199 sales. Condo salexs numbered 18 last month, down 28 percent from 25 unitsd sold inMay 2007. Sales for the first five monthse of the year were also 40 percentr downfor condos, with just 88 sales recorded, comparee to 146 sold during the same period last
However, the median price for both categoriess was based on much lower sales volumee compared to the same month ayear ago, accordingg to statistics from . The median priced of a single-family home on Kauai last month was which was 19 percent over May 2007 when it was The year-to-date median price was $655,000, no changr from 2007. The median price of a condo was down more than 10 percent from the May 2007 mediann priceof $700,000. The median pricd for the first five month of the yearwas $579,500, more than 10 percent above the same periord in 2007, when it was $525,000.
Theree were just 20 single-family homes sold in May on the Garden down 51 percent from May 2007 when therd were 41homes sold. Year-to-date, there were 119 houses sold during the first five months ofthe year, down 40 percentt from the same period in 2007, when theree were 199 sales. Condo salexs numbered 18 last month, down 28 percent from 25 unitsd sold inMay 2007. Sales for the first five monthse of the year were also 40 percentr downfor condos, with just 88 sales recorded, comparee to 146 sold during the same period last
Thursday, November 11, 2010
Vedante's growing sales
http://cceequine.org/marketplace/riding%20lessons.html
Online buyers purchased thousandsof Kantor’sw super-reflective Pop Bands (armbands and legbands), pet collarzs and leashes made by her company, Vedantde Corp. “When everybody was saying holiday salexwere down, ours just exploded,” said a veteran fashion designer who started Boulder-based Vedante nearly three years ago. The success of Vedante’e Pop Bands and pet products prompted gianrt onlineretailer Amazon.
com to buy most of her inventorh for resale, and triggereed inquiries from large pet-store chains about licensing the products or buying her Kantor focused more on onliner sales for the holidayzs than traditional brick-and-mortar sales of Vedante That was because as the recession deepened, retail sales slowe more than online shopping. The emphasis paid off, but it presentedx Kantor with the problem of managinhgunexpected demand. . “It wasn’ even in my game plan to have a break-evehn month for another year,” she said. Vedante products for pedestrians and cyclists can reflect brightly from 500to 1,500 depending on their color.
Kantor formed the business with the missiom of improvingnighttime safety. Cars injurs or kill a pedestrian every seven minuteas in theUnited States, accordingy to the National Highway Traffic Safety Administrationh (NHTSA). That amounts to nearly 75,00 people annually, with about 50,000 of the accidents occurringbat night, NHTSA statistics show. Kantor takes walksa at dusk and, having survivedx a car crash with a drunm driveryears ago, she always wondered abouy her safety crossing streets at night. Then she saw a Bouldedr pedestrian hit in a crosswalk inbroad daylight, and she decidesd to make a product to improve pedestria n visibility.
She drew on her experience in textilezs anddesigning women’s apparel in Los She chose 3M’s reflective materials for Vedante’ products, and it co-brands the Pop Bandz with 3M. She uses the 3M fabrif in collars and leashesfor pets. McGuckibn Hardware Store in Bouldefr carries both the Pop Bandasand Vedante’s cat collars. The Pop Bands , costingt between $12.98 and $13.98 depending on size, sell comparabl y to the battery-powered safety lights McGucki sells foroutdoor recreation, said Rik the store’s sporting goods manager and buyer. “They do very he said. “What appeals is theird ease of use, and the novelty of them poppinf onand off.
” Vedante’s pet collara range between $13.98 and and its leashes between $29.98 and $45.98. Kantor’sd biggest challenge is managing a surge in retailerd interest without taking on debt that couldrcrimp Vedante’s long-term health. Kantor maxed out Vedante’s existing linex of credit from banks after her salezstarted growing, and she put that money in the bank. She fearedr her banks would reduce her credit lineswithout warning, thus starving the company of mone at a crucial time.
Online buyers purchased thousandsof Kantor’sw super-reflective Pop Bands (armbands and legbands), pet collarzs and leashes made by her company, Vedantde Corp. “When everybody was saying holiday salexwere down, ours just exploded,” said a veteran fashion designer who started Boulder-based Vedante nearly three years ago. The success of Vedante’e Pop Bands and pet products prompted gianrt onlineretailer Amazon.
com to buy most of her inventorh for resale, and triggereed inquiries from large pet-store chains about licensing the products or buying her Kantor focused more on onliner sales for the holidayzs than traditional brick-and-mortar sales of Vedante That was because as the recession deepened, retail sales slowe more than online shopping. The emphasis paid off, but it presentedx Kantor with the problem of managinhgunexpected demand. . “It wasn’ even in my game plan to have a break-evehn month for another year,” she said. Vedante products for pedestrians and cyclists can reflect brightly from 500to 1,500 depending on their color.
Kantor formed the business with the missiom of improvingnighttime safety. Cars injurs or kill a pedestrian every seven minuteas in theUnited States, accordingy to the National Highway Traffic Safety Administrationh (NHTSA). That amounts to nearly 75,00 people annually, with about 50,000 of the accidents occurringbat night, NHTSA statistics show. Kantor takes walksa at dusk and, having survivedx a car crash with a drunm driveryears ago, she always wondered abouy her safety crossing streets at night. Then she saw a Bouldedr pedestrian hit in a crosswalk inbroad daylight, and she decidesd to make a product to improve pedestria n visibility.
She drew on her experience in textilezs anddesigning women’s apparel in Los She chose 3M’s reflective materials for Vedante’ products, and it co-brands the Pop Bandz with 3M. She uses the 3M fabrif in collars and leashesfor pets. McGuckibn Hardware Store in Bouldefr carries both the Pop Bandasand Vedante’s cat collars. The Pop Bands , costingt between $12.98 and $13.98 depending on size, sell comparabl y to the battery-powered safety lights McGucki sells foroutdoor recreation, said Rik the store’s sporting goods manager and buyer. “They do very he said. “What appeals is theird ease of use, and the novelty of them poppinf onand off.
” Vedante’s pet collara range between $13.98 and and its leashes between $29.98 and $45.98. Kantor’sd biggest challenge is managing a surge in retailerd interest without taking on debt that couldrcrimp Vedante’s long-term health. Kantor maxed out Vedante’s existing linex of credit from banks after her salezstarted growing, and she put that money in the bank. She fearedr her banks would reduce her credit lineswithout warning, thus starving the company of mone at a crucial time.
Wednesday, November 10, 2010
Emeritus 5M-share offering priced at $18.25 each - BusinessWeek
bentlyoupapa1810.blogspot.com
Emeritus 5M-share offering priced at $18.25 each BusinessWeek Emeritus Corp. said Tuesday an underwritten public offering of 5 million of its shares was priced at $18.25 each. The company plans to sell 4 million shares ... Today's Big Losers: QTM, UEC, ESC, BEAT Emeritus announces public offering of 4 million common shares Emeritus plans stock offering |
Monday, November 8, 2010
9/11 workers to decide dust deal - BBC News
ramsdenjerrieas54.blogspot.com
Daily Mail | 9/11 workers to decide dust deal BBC News Thousands of workers exposed to toxic dust after the 2001 terror attacks in New York must decide on Monday whether to accept a $712m (£441m) legal ... Deadline Looms For Ground Zero Workers to Sign... Deadline near for 9/11 responders-NYC settlement agreement 9/11 Workers Reach Settlement Deadline |
Sunday, November 7, 2010
American Electric Power Company, Inc. Company Profile | AEP Company Information
http://www.i-goodinfo.com/Travel/madagascar.html
American Electric Power is one of the largest electricx utilities in theUnitedd States, delivering electricity to more than 5 milliob customers in 11 states. AEP ranksa among the nation's largest generator of electricity, owning nearlyg 38,000 megawatts of generating capacity inthe U.S. AEP also owns the nation'xs largest electricity transmission system, a nearly 39,000-mile network that includex more 765kilovolt extra-high voltage transmissiob lines than all other U.S. transmission systemsd combined.
AEP's transmission system directly or indirectly servew about 10 percent of the electricity demand in theEastern Interconnection, the interconnected transmission syste that covers 38 eastern and central U.S. states and easter Canada, and approximately 11 percent of the electricity demand in the transmission system that coveres muchof Texas. AEP's utilith units operate as AEP Ohio, AEP Texas, Appalachianm Power (in Virginia, West Virginia), AEP Appalachian Poweer (in Tennessee), Indiana Michigan Power, Kentucky Public Service Companyof Oklahoma, and Southwestern Electrixc Power Company (in Arkansas, Louisiana and east Texas). AEP'x headquarters are in Columbus, Ohio.
For additionaol general information, see the 'Facts at a 'AEP leadership', and 'History' For information about the company's business see the sections on 'Energy marketing', 'Power plantsw and other assets', 'Regulated utility operations', and our list of 'AEP Web Sites.' ...
American Electric Power is one of the largest electricx utilities in theUnitedd States, delivering electricity to more than 5 milliob customers in 11 states. AEP ranksa among the nation's largest generator of electricity, owning nearlyg 38,000 megawatts of generating capacity inthe U.S. AEP also owns the nation'xs largest electricity transmission system, a nearly 39,000-mile network that includex more 765kilovolt extra-high voltage transmissiob lines than all other U.S. transmission systemsd combined.
AEP's transmission system directly or indirectly servew about 10 percent of the electricity demand in theEastern Interconnection, the interconnected transmission syste that covers 38 eastern and central U.S. states and easter Canada, and approximately 11 percent of the electricity demand in the transmission system that coveres muchof Texas. AEP's utilith units operate as AEP Ohio, AEP Texas, Appalachianm Power (in Virginia, West Virginia), AEP Appalachian Poweer (in Tennessee), Indiana Michigan Power, Kentucky Public Service Companyof Oklahoma, and Southwestern Electrixc Power Company (in Arkansas, Louisiana and east Texas). AEP'x headquarters are in Columbus, Ohio.
For additionaol general information, see the 'Facts at a 'AEP leadership', and 'History' For information about the company's business see the sections on 'Energy marketing', 'Power plantsw and other assets', 'Regulated utility operations', and our list of 'AEP Web Sites.' ...
Friday, November 5, 2010
For Cincinnati nonprofits, great funding news - Business Courier of Cincinnati:
http://property-canada.com/roadside.html
The will mark its formal public debut witha Feb. 12 receptionb at the in Covington. Local nonprofits have been speculatinvg for months about the size and scop e ofthe foundation, which spent the last two yearsa quietly developing a strategic plan and settling the estatre of Ralph Haile, a Northern Kentuckyy banker who died in two years after his wife’s Those who attend the reception will hear what they long have The Haile fortune was huge. CEO Timothyg Maloney said it holds morethan $200 million in assets and sportse an annual grant-making capacityy in excess of $10 million.
“We’ll be an organization with a significanft impact in the community and withan understated, humble approac h like its grantors,” Maloney said. During an interviesw in the foundation’s new headquarters, on the 11th floor of the U.S. Bank towe downtown, Maloney said the five-employee foundation will not take applicationws formost grants. Its awardws will be strategic, focusing on education, communityy development, arts and culturaol organizationsand human-service It will use its donations to leveraged additional grants when possible. And it will collaborat with other grant makers to invest in initiativews that could have a transformational impacr onthe region.
Examples include the ’s Northern Kentucky’s Vision 2015 movement and theArts & Culturew Partnership, a initiative for shared fundraisingy and administrative efficiencies among local museums and performing arts groups. “We consciously decided we will not do health and Maloney said. “We are not a pot that doesn’t have a The foundation listed assetsof $245 milliohn at the end of 2007, tax recordds show, making it twice as large as familg foundations started by Robert and John whose family founded Corp., and Chairmann Richard Farmer.
Most local family foundations have assets of lessthan $50 Maloney said additional assets were transferred to the Haile foundation in 2008. Stoco market losses have claimed some of but Maloney said total assets remaibbetween $200 million and $300 Annual grants will be 5 percen t of a three-year rolling averags for total assets. In the foundation awarded $6.1 millio n to more than 80 local In 2008, Maloney said grants topped more than $8 and the figure will exceed $10 milliobn this year. That ranks it among Cincinnati’s largest grant-makintg groups, said Ellen Gilligan, vice president for community investmentg atthe .
“Thety have been very thoughtful in terms of their approacu to launchingthe foundation,” Gilligan said. “They spen t a lot of time planning and learningg and listening and figuring out what their niche could and should be to add value to the The downtown-based community foundation will provide grant-makingy services to Haile, screening applications for human-services grants. Malonet estimates Haile will award $550,000 to human-service agencies this year. Beyonde human services, the foundation will rely on prograjm managersfor guidance. Leslie Maloney, Tim’x wife, is in charge of educatio gifts.
Eric Avner, a former associate directod ofthe , leads Haile’s community development And Christine Bochenek, Maloney’es former colleague at U.S. runs the U.S. Bank Legacy with gifts that “celebrat e the gratitude Carol and Ralph hadfor U.S. Bank,” Maloney U.S. Bank’s predecessor, Cincinnati’s First National, acquirerd Peoples-Liberty Bank in 1988. The bank was founded by CarolkAnn Haile’s family.
She and her husbandx built it into one ofNorthern Kentucky’as largest thrifts by the time it was Along the way, they befriended the spending vacations and holidays with the East Walnutg Hills couple, hiding crumpled dollar bills for Maloney’s “Carol and Ralph were like parents to Tim Maloney said. “Lesliew wore Carol’s wedding dress.” Tim and Leslier Maloney remembered fondly theid relationship withthe Hailes, trotting out a box of photods – several with heads clipped out for Christmas ornaments.
The photos, the memories, the smell of new carpef and freshly painted madethe foundation’s subleased space feel like “Our biggest regret is we didn’t talk aboutr this enough,” said Maloney. “It’s important for us to honorr what theirpassions were.”
The will mark its formal public debut witha Feb. 12 receptionb at the in Covington. Local nonprofits have been speculatinvg for months about the size and scop e ofthe foundation, which spent the last two yearsa quietly developing a strategic plan and settling the estatre of Ralph Haile, a Northern Kentuckyy banker who died in two years after his wife’s Those who attend the reception will hear what they long have The Haile fortune was huge. CEO Timothyg Maloney said it holds morethan $200 million in assets and sportse an annual grant-making capacityy in excess of $10 million.
“We’ll be an organization with a significanft impact in the community and withan understated, humble approac h like its grantors,” Maloney said. During an interviesw in the foundation’s new headquarters, on the 11th floor of the U.S. Bank towe downtown, Maloney said the five-employee foundation will not take applicationws formost grants. Its awardws will be strategic, focusing on education, communityy development, arts and culturaol organizationsand human-service It will use its donations to leveraged additional grants when possible. And it will collaborat with other grant makers to invest in initiativews that could have a transformational impacr onthe region.
Examples include the ’s Northern Kentucky’s Vision 2015 movement and theArts & Culturew Partnership, a initiative for shared fundraisingy and administrative efficiencies among local museums and performing arts groups. “We consciously decided we will not do health and Maloney said. “We are not a pot that doesn’t have a The foundation listed assetsof $245 milliohn at the end of 2007, tax recordds show, making it twice as large as familg foundations started by Robert and John whose family founded Corp., and Chairmann Richard Farmer.
Most local family foundations have assets of lessthan $50 Maloney said additional assets were transferred to the Haile foundation in 2008. Stoco market losses have claimed some of but Maloney said total assets remaibbetween $200 million and $300 Annual grants will be 5 percen t of a three-year rolling averags for total assets. In the foundation awarded $6.1 millio n to more than 80 local In 2008, Maloney said grants topped more than $8 and the figure will exceed $10 milliobn this year. That ranks it among Cincinnati’s largest grant-makintg groups, said Ellen Gilligan, vice president for community investmentg atthe .
“Thety have been very thoughtful in terms of their approacu to launchingthe foundation,” Gilligan said. “They spen t a lot of time planning and learningg and listening and figuring out what their niche could and should be to add value to the The downtown-based community foundation will provide grant-makingy services to Haile, screening applications for human-services grants. Malonet estimates Haile will award $550,000 to human-service agencies this year. Beyonde human services, the foundation will rely on prograjm managersfor guidance. Leslie Maloney, Tim’x wife, is in charge of educatio gifts.
Eric Avner, a former associate directod ofthe , leads Haile’s community development And Christine Bochenek, Maloney’es former colleague at U.S. runs the U.S. Bank Legacy with gifts that “celebrat e the gratitude Carol and Ralph hadfor U.S. Bank,” Maloney U.S. Bank’s predecessor, Cincinnati’s First National, acquirerd Peoples-Liberty Bank in 1988. The bank was founded by CarolkAnn Haile’s family.
She and her husbandx built it into one ofNorthern Kentucky’as largest thrifts by the time it was Along the way, they befriended the spending vacations and holidays with the East Walnutg Hills couple, hiding crumpled dollar bills for Maloney’s “Carol and Ralph were like parents to Tim Maloney said. “Lesliew wore Carol’s wedding dress.” Tim and Leslier Maloney remembered fondly theid relationship withthe Hailes, trotting out a box of photods – several with heads clipped out for Christmas ornaments.
The photos, the memories, the smell of new carpef and freshly painted madethe foundation’s subleased space feel like “Our biggest regret is we didn’t talk aboutr this enough,” said Maloney. “It’s important for us to honorr what theirpassions were.”
Thursday, November 4, 2010
BBC World Service is at risk of becoming a postcolonial legacy - The Guardian
grigoriynirim.blogspot.com
The Guardian | BBC World Service is at risk of becoming a postcolonial legacy The Guardian ... some of the finest minds in the world grew up, and which gave voice to people around the world, will no longer be anything but a postcolonial legacy. ... |
Tuesday, November 2, 2010
GDOT awards first stimulus contracts - The Business Journal of Milwaukee:
hundleyobajoji1908.blogspot.com
The DOT signed off on 36 projectsa valued atabout $50 million, including four resurfacin g jobs in metro Atlanta worth more than $2.6 The local work will be done on Georgiw highways 92 and 139 in Fulton U.S. 19 in Clayton County and Georgia Highwat 20 inRockdale County. Three of the four contractsd wentto , while the fourtb was awarded to In selectintg projects to fund with federal stimulus money, the DOT looker for highway improvements that could be started as quicklyu as possible. Such projects tend to be thosethat don’t involvs new construction, which requires extensive environmental impact studies.
“This is all abouft creating jobs … especially (in) thosre areas considered economically depressed,” said Statde Transportation Board member Dana Lemonof McDonough, who represents Georgia’w 13th Congressional District, whicuh received one of the project awards on Friday. The DOT is responsible for 70 percent ofthe $932 million in highway system stimulus funds allocated to with the rest going to the state’s 15 metropolitan planning organizations, including the .
The DOT signed off on 36 projectsa valued atabout $50 million, including four resurfacin g jobs in metro Atlanta worth more than $2.6 The local work will be done on Georgiw highways 92 and 139 in Fulton U.S. 19 in Clayton County and Georgia Highwat 20 inRockdale County. Three of the four contractsd wentto , while the fourtb was awarded to In selectintg projects to fund with federal stimulus money, the DOT looker for highway improvements that could be started as quicklyu as possible. Such projects tend to be thosethat don’t involvs new construction, which requires extensive environmental impact studies.
“This is all abouft creating jobs … especially (in) thosre areas considered economically depressed,” said Statde Transportation Board member Dana Lemonof McDonough, who represents Georgia’w 13th Congressional District, whicuh received one of the project awards on Friday. The DOT is responsible for 70 percent ofthe $932 million in highway system stimulus funds allocated to with the rest going to the state’s 15 metropolitan planning organizations, including the .
Monday, November 1, 2010
Help shelter dogs even if you can't adopt - ABC NEWS 4
http://seumedia.com/shakira/
Help shelter dogs even if you can't adopt ABC NEWS 4 The resulting memorable photographs are later featured on websites, newspapers and other places advertising dogs up for adoption. ... |
Saturday, October 30, 2010
Monsanto, BASF announce breakthrough in drought-resistant corn development - Triangle Business Journal:
http://regaltip.com/rti_marc_dicciani.html
The companies said they would use the gene to developothe world’s first biotechnology-derived drought-toleranty crop. The discovery is a timely breakthrough, according to The number and duration ofdry spells, especiallyt in already drought-prone areas, is expected to increaswe due to climate change, accordinbg to a United Nations' Food and Agriculture Organization report prepared for ministers of the G-8, Monsanto said. Monsanto and BASF said the drought-toleran t corn product is targeted for as early as 2012 pendintg appropriateregulatory approvals. The two companiez are jointly contributing $1.5 billion over the life of theirrresearch collaboration.
Chemical company BASF is basefin Ludwigshafen, Germany. Creve Coeur, Mo.-based Monsanto Co. (NYSE: led by Chairman, President and CEO Hugh develops insect- and herbicide-resistant crops and other agricultural products. It is one of the largestt employersin St. Louisa with 4,000 local employees.
The companies said they would use the gene to developothe world’s first biotechnology-derived drought-toleranty crop. The discovery is a timely breakthrough, according to The number and duration ofdry spells, especiallyt in already drought-prone areas, is expected to increaswe due to climate change, accordinbg to a United Nations' Food and Agriculture Organization report prepared for ministers of the G-8, Monsanto said. Monsanto and BASF said the drought-toleran t corn product is targeted for as early as 2012 pendintg appropriateregulatory approvals. The two companiez are jointly contributing $1.5 billion over the life of theirrresearch collaboration.
Chemical company BASF is basefin Ludwigshafen, Germany. Creve Coeur, Mo.-based Monsanto Co. (NYSE: led by Chairman, President and CEO Hugh develops insect- and herbicide-resistant crops and other agricultural products. It is one of the largestt employersin St. Louisa with 4,000 local employees.
Friday, October 29, 2010
'Transformers' has huge debut, 'Up' passes 'Star Trek' - Memphis Business Journal:
http://adm-fenetres.com/menuiseries.php?categorie=alu
"Transformers" brought in an estimated $112,000,000 over the and an estimated $201,246,000 sinc e the movie's debut Wednesday. Accordingt to a report on the site, it was the second-largesf five-day debut in history, trailingv only "The Dark The movie was showm onabout 10,000 screens at 4,234 sites, according to the Another new release over the weekend, "My Sister's Keeper," came in fifth at the box officew during the weekend, bringing in an estimatex $12,030,000. Last week's number-one movie, Disney's "Thee Proposal," fell to the second spot, bringing in an estimatecd $18,466,000. Warner Bros.
' "The Hangover" and "Up" came in thired and fourth, bringing in an estimated $17,215,0009 and $13,046,000, respectively. In overall box-office revenuew for the summer, therew was a shake up at the top, with passing "Star Trek." The top five overalkl movies for the yearto date, and their estimated receipt s are: "Up" -- $250,218,000o "Star Trek" -- $246,225,000 "Transformers: Reveng of the Fallen" -- $201,246,000 "Monstersd vs.
Aliens" -- $195,971,000o "The Hangover" -- $183,247,000 Of the top it looks like "The Hangover" has the most bang for the as its budget was only compared with theother four, which had budgets of at least $150,000,000.
"Transformers" brought in an estimated $112,000,000 over the and an estimated $201,246,000 sinc e the movie's debut Wednesday. Accordingt to a report on the site, it was the second-largesf five-day debut in history, trailingv only "The Dark The movie was showm onabout 10,000 screens at 4,234 sites, according to the Another new release over the weekend, "My Sister's Keeper," came in fifth at the box officew during the weekend, bringing in an estimatex $12,030,000. Last week's number-one movie, Disney's "Thee Proposal," fell to the second spot, bringing in an estimatecd $18,466,000. Warner Bros.
' "The Hangover" and "Up" came in thired and fourth, bringing in an estimated $17,215,0009 and $13,046,000, respectively. In overall box-office revenuew for the summer, therew was a shake up at the top, with passing "Star Trek." The top five overalkl movies for the yearto date, and their estimated receipt s are: "Up" -- $250,218,000o "Star Trek" -- $246,225,000 "Transformers: Reveng of the Fallen" -- $201,246,000 "Monstersd vs.
Aliens" -- $195,971,000o "The Hangover" -- $183,247,000 Of the top it looks like "The Hangover" has the most bang for the as its budget was only compared with theother four, which had budgets of at least $150,000,000.
Wednesday, October 27, 2010
Bike/walk paths coming to St. Andrews Boulevard; annexation on agenda - Sun-Sentinel
zlatkopaisley1275.blogspot.com
Bike/walk paths coming to St. Andrews Boulevard; annexation on agenda Sun-Sentinel The city is using $1 million from the Florida Department of Transportation to put new shared pedestrian and bicycle paths on St. Andrews Boulevard between ... |
Tuesday, October 26, 2010
Analyst: YRC bankruptcy is
http://paydayloans-in-1-hour.com/15-2apply4cash.htm
The Overland Park trucking company’s ongoinfg negotiations with the union are at risk of analyst Art Hatfield said ina note. “Givem the developments with the negotiationsd between the two parties and the increasing uncertainty pertaining to the outcome ofthose negotiations, we believe a bankruptcty at YRC Worldwide is stillo likely in the near to he wrote. While the parties have kept quiet about the YRC reportedly wants to end its union pension payments for14 months, which would provide savings of $500 and not make up for them.
While that proposalo would offer YRC significant and badly neede liquidity duringthe period, it “woulde face a tough and challenging road to becoming a Hatfield wrote. “From what we YRC would not be conceding anythinhg material to the pensionplans and/or its Teamsters employeees under the proposal,” he wrote. “Additionally, if the proposal goes on to a vote tothe Teamster-represente d employees at YRC, we believe the likelihoo of a favorable vote would be low at given that the employees would be the ones to feel the brungt of these terminated payments over the long term ...
and that securityh provisions and protections for Teamsters employees are not part of the concessions made by thecompany (to our knowledge).” In Hatfield wrote, the Teamsters probablyt want payment deferrals instead, whicuh would be difficult for YRC because its lenderw probably would be reluctant to let the company tie up assets or real estatew as collateral. And YRC probablyu has little left to offeras collateral, he said. Hatfield changecd his rating on YRC shareswfrom “Market Perform” to “Not YRC began the recent concessions talks with the Teamsterds on June 29.
The price of YRC stoc k (Nasdaq: YRCW) plunged Wednesday, dropping as low as 89 centsd to hita 52-week low. The previousz 52-week low was $1.20 on Nov. 20, according to . YRC closed on Wednesday at 89 down35 cents, or 28 percent, on volume of 20.2 millioh shares. The stock’s average daily volumed the past three monthsis 3.6 million Overland Park-based YRC, which has roughly 49,000 employeesx — more than half of them union members has been weighed down by debt and a lengthty freight recession, and lost $257.4 million in the firsf quarter.
It has integrated subsidiaries, shut down laid off workers and sold propertg to try to cut costs and maintain Earlythis year, Teamsters memberxs agreed to a 10 percent wage cut and suspensiohn of cost-of-living adjustments through 2013 in exchangr for a 15 percent stake in the company. YRC also has been negotiatingg to defer union pension fund payments using companuy real estate as collateral and on June 18 securerd an agreement with the largest pension fund todefet $83 million in payments. The union has said it also is reachint out tostakeholders — such as pensioh funds and YRC’s lenders — to address the cash YRC ranks No.
2 on the Kansaws City BusinessJournal ’s list of area publi c companies.
The Overland Park trucking company’s ongoinfg negotiations with the union are at risk of analyst Art Hatfield said ina note. “Givem the developments with the negotiationsd between the two parties and the increasing uncertainty pertaining to the outcome ofthose negotiations, we believe a bankruptcty at YRC Worldwide is stillo likely in the near to he wrote. While the parties have kept quiet about the YRC reportedly wants to end its union pension payments for14 months, which would provide savings of $500 and not make up for them.
While that proposalo would offer YRC significant and badly neede liquidity duringthe period, it “woulde face a tough and challenging road to becoming a Hatfield wrote. “From what we YRC would not be conceding anythinhg material to the pensionplans and/or its Teamsters employeees under the proposal,” he wrote. “Additionally, if the proposal goes on to a vote tothe Teamster-represente d employees at YRC, we believe the likelihoo of a favorable vote would be low at given that the employees would be the ones to feel the brungt of these terminated payments over the long term ...
and that securityh provisions and protections for Teamsters employees are not part of the concessions made by thecompany (to our knowledge).” In Hatfield wrote, the Teamsters probablyt want payment deferrals instead, whicuh would be difficult for YRC because its lenderw probably would be reluctant to let the company tie up assets or real estatew as collateral. And YRC probablyu has little left to offeras collateral, he said. Hatfield changecd his rating on YRC shareswfrom “Market Perform” to “Not YRC began the recent concessions talks with the Teamsterds on June 29.
The price of YRC stoc k (Nasdaq: YRCW) plunged Wednesday, dropping as low as 89 centsd to hita 52-week low. The previousz 52-week low was $1.20 on Nov. 20, according to . YRC closed on Wednesday at 89 down35 cents, or 28 percent, on volume of 20.2 millioh shares. The stock’s average daily volumed the past three monthsis 3.6 million Overland Park-based YRC, which has roughly 49,000 employeesx — more than half of them union members has been weighed down by debt and a lengthty freight recession, and lost $257.4 million in the firsf quarter.
It has integrated subsidiaries, shut down laid off workers and sold propertg to try to cut costs and maintain Earlythis year, Teamsters memberxs agreed to a 10 percent wage cut and suspensiohn of cost-of-living adjustments through 2013 in exchangr for a 15 percent stake in the company. YRC also has been negotiatingg to defer union pension fund payments using companuy real estate as collateral and on June 18 securerd an agreement with the largest pension fund todefet $83 million in payments. The union has said it also is reachint out tostakeholders — such as pensioh funds and YRC’s lenders — to address the cash YRC ranks No.
2 on the Kansaws City BusinessJournal ’s list of area publi c companies.
Monday, October 25, 2010
The Cheesecake Factory Incorporated Company Profile | CAKE Company Information
http://trailblazinministries.com/devotions/james
million. Grand Lux Cafe(R), the Company's seconr concept, has 13 units in operation acrossthe U.S. offering a broad menu of more than 150 item s and average annual unit sales ofapproximately $12.7 million in fiscal 2007. The Companhy also operates one unit of itsnewes concept, RockSugar Pan Asian Kitchen(TM), and two bakeryh production facilities in Calabasas CA and Rocky Mount, NC that produce over 60 varietiesa of quality cheesecakes and other bake products. Additionally, the Company licenses two bakery cafe outlet to another foodservice operator unde The Cheesecake FactoryBakery Cafe(R) mark.
million. Grand Lux Cafe(R), the Company's seconr concept, has 13 units in operation acrossthe U.S. offering a broad menu of more than 150 item s and average annual unit sales ofapproximately $12.7 million in fiscal 2007. The Companhy also operates one unit of itsnewes concept, RockSugar Pan Asian Kitchen(TM), and two bakeryh production facilities in Calabasas CA and Rocky Mount, NC that produce over 60 varietiesa of quality cheesecakes and other bake products. Additionally, the Company licenses two bakery cafe outlet to another foodservice operator unde The Cheesecake FactoryBakery Cafe(R) mark.
Saturday, October 23, 2010
Idexx 3Q earnings climb 10 pct, 2010 outlook rises - BusinessWeek
http://laboureconomics.ru/firmeconomics/61-price
Idexx 3Q earnings climb 10 pct, 2010 outlook rises BusinessWeek Companion animal group sales rose 4 percent to $222.9 million due to higher testing volumes in the company's laboratory diagnostic and consulting services ... IDEXX Laboratories Announces Third Quarter Results |
Friday, October 22, 2010
Judge OKs sale of Columbus CEO parent
http://lestringdanslarray.com/app/2008/08/02/ryan-adams-the-alternate-easy-tiger/
The order by Judge Kevin Carey clearszthe $32 million sale of those American Community assetz that are free of liens, claims and other The company filed for Chapter 11 bankruptcy protectionb in late April to launcy a restructuring. The order approving the sale indicates no otherr bids for the company surfaced in bankruptc proceedings aside fromits creditors, so an auction wasn’tf held. Creditors buying the company’ assets formed American Community Newspapers II LLC to pursue the according tothe agreement.
The transaction comes about two yearse after the suburban Dallaz publisher arrived in Central Ohio with its purchasr of The OtherPaper , Columbus Monthlyg and CEO magazines and the Suburban News Publicationw weekly newspaper chain from CM A spokesman for American Community Newspaperws said Friday morning the company doesn’t expect change s in its day-to-day operations as a result of the
The order by Judge Kevin Carey clearszthe $32 million sale of those American Community assetz that are free of liens, claims and other The company filed for Chapter 11 bankruptcy protectionb in late April to launcy a restructuring. The order approving the sale indicates no otherr bids for the company surfaced in bankruptc proceedings aside fromits creditors, so an auction wasn’tf held. Creditors buying the company’ assets formed American Community Newspapers II LLC to pursue the according tothe agreement.
The transaction comes about two yearse after the suburban Dallaz publisher arrived in Central Ohio with its purchasr of The OtherPaper , Columbus Monthlyg and CEO magazines and the Suburban News Publicationw weekly newspaper chain from CM A spokesman for American Community Newspaperws said Friday morning the company doesn’t expect change s in its day-to-day operations as a result of the
Wednesday, October 20, 2010
Burgess: Property tax losses
http://www.medicinetalks.com/re-rk-questions-2
The Miami-Dade County property appraiser released its preliminargy tax roll information with all four taxing jurisdictions fire rescue, library, the unincorporated area and Miami-Daded overall – seeing a decline. The countywide decrease comparing preliminary tax numbers from year to year showss a 9 percent or a totalof $22.55 billion.” “These lossezs would have been worse if not for new constructioj that was added to the propertu tax roll as of Jan. 1,” County Manager George Burgess said in a memo sent to county North Bay Village took thebiggest hit, down 20.2 percentf from 2008 levels. Homestead saw an 18.2 percent followed by Normandy Shores, down 17.
5 percent, and Aventura whicbh was down 17.3 percent. Golden Beach and the tiny city of Islandia sawno change. Medley saw a 1.5 percent drop while Biscayn e Park saw a 4percent decline. Clicl for the full list. Staffers reviewec property tax rolls going back to 1985 and foundc that 1993 saw taxable value shrinkkby 2.9 percent, or $1.9 billion. “Evehn in 2008, when we absorbed the impac t of doubling the homestead exemptionfrom $25,00o0 to $50,000, the property tax roll was relativelt flat,” Burgess explained in the memo. “These losseas in property tax roll values are Burgess warned of a lot more pain on the using the last two years as a barometert of whatis coming.
For the second consecutive year, Miami-Dade facec a $200 million budgegt gap in the lastfiscal year. Core services were kept intactr bytightening belts, but assuming the same tax rate adopte for 2008-09, the estimated ad valorem revenues for fiscapl year 2009-10 would shrink by $174.1q million, according to the memo. Taking into accountt the impact of normal inflationary growth and theeconomi slowdown, combined with the non ad valoren revenue sources, results in property tax subsidized operations facingg a budget gap of $350 millioh to $400 million, Burgess said.
“We are workingy diligently to prepare a proposed budget forFY [fiscal year] 2009-10 that to the extent possible, preservesa essential services and minimizes servicr impacts to our residents,” he wrote in the “However, closing a budgetary gap of this size will requirer some very difficult decisions.”
The Miami-Dade County property appraiser released its preliminargy tax roll information with all four taxing jurisdictions fire rescue, library, the unincorporated area and Miami-Daded overall – seeing a decline. The countywide decrease comparing preliminary tax numbers from year to year showss a 9 percent or a totalof $22.55 billion.” “These lossezs would have been worse if not for new constructioj that was added to the propertu tax roll as of Jan. 1,” County Manager George Burgess said in a memo sent to county North Bay Village took thebiggest hit, down 20.2 percentf from 2008 levels. Homestead saw an 18.2 percent followed by Normandy Shores, down 17.
5 percent, and Aventura whicbh was down 17.3 percent. Golden Beach and the tiny city of Islandia sawno change. Medley saw a 1.5 percent drop while Biscayn e Park saw a 4percent decline. Clicl for the full list. Staffers reviewec property tax rolls going back to 1985 and foundc that 1993 saw taxable value shrinkkby 2.9 percent, or $1.9 billion. “Evehn in 2008, when we absorbed the impac t of doubling the homestead exemptionfrom $25,00o0 to $50,000, the property tax roll was relativelt flat,” Burgess explained in the memo. “These losseas in property tax roll values are Burgess warned of a lot more pain on the using the last two years as a barometert of whatis coming.
For the second consecutive year, Miami-Dade facec a $200 million budgegt gap in the lastfiscal year. Core services were kept intactr bytightening belts, but assuming the same tax rate adopte for 2008-09, the estimated ad valorem revenues for fiscapl year 2009-10 would shrink by $174.1q million, according to the memo. Taking into accountt the impact of normal inflationary growth and theeconomi slowdown, combined with the non ad valoren revenue sources, results in property tax subsidized operations facingg a budget gap of $350 millioh to $400 million, Burgess said.
“We are workingy diligently to prepare a proposed budget forFY [fiscal year] 2009-10 that to the extent possible, preservesa essential services and minimizes servicr impacts to our residents,” he wrote in the “However, closing a budgetary gap of this size will requirer some very difficult decisions.”
Tuesday, October 19, 2010
In for the Duration - American Spectator
http://floattech.com/state_agencies.html
In for the Duration American Spectator TAMPA -- After some truly remarkable twists and turns, and some political cross-dressing on the part of one ... |
Sunday, October 17, 2010
Gehl secures new 2-year credit pact - Tampa Bay Business Journal:
vanbeekdulejos1771.blogspot.com
The agreement with U.S. bank lenders provides for a tota credit commitmentof $105 million and a term of 24 The credit line consists of an $80 million revolvingy line based on North Americann inventories and accounts receivable and a term loan of $25 milliobn payable in quarterly installments. The crediyt pact replaces the company's October 2006 $125 millio unsecured credit facility. As part of the amended credit agreement, Gehl Co. has grantedc to its bank lenders a security interest in all of its NorthyAmerican assets.
The amended credit agreement addresses matteras that gave rise to an Aprilp 16 forbearance agreement with the lender group that rescind s and withdraws a noticr of debt repayment delivered onMarch 31. That agreemenr with lenders extended the repaymentof $117 million in debt under a revolving credit agreement, which serves as the company's principal sources of liquidity. Gehl said it has significantluy reduced its outstanding borrowings using operating cash flowsa created in part by the cost savingws initiatives implemented over thepast months.
The agreement with U.S. bank lenders provides for a tota credit commitmentof $105 million and a term of 24 The credit line consists of an $80 million revolvingy line based on North Americann inventories and accounts receivable and a term loan of $25 milliobn payable in quarterly installments. The crediyt pact replaces the company's October 2006 $125 millio unsecured credit facility. As part of the amended credit agreement, Gehl Co. has grantedc to its bank lenders a security interest in all of its NorthyAmerican assets.
The amended credit agreement addresses matteras that gave rise to an Aprilp 16 forbearance agreement with the lender group that rescind s and withdraws a noticr of debt repayment delivered onMarch 31. That agreemenr with lenders extended the repaymentof $117 million in debt under a revolving credit agreement, which serves as the company's principal sources of liquidity. Gehl said it has significantluy reduced its outstanding borrowings using operating cash flowsa created in part by the cost savingws initiatives implemented over thepast months.
Saturday, October 16, 2010
Wisconsin Farmers Union sells cheese company - The Business Journal of Milwaukee:
idellecromwell1991.blogspot.com
Arthur Schuman, of Fairfield, N.J., plans to continuse production of cheese from Wisconsij milk at the Montfort plant insouthwesty Wisconsin. Terms of the sale were not disclosed. The plant had been ownee by the WisconsinFarmers Union, a Chippewsa Falls-based membership organization of farmers and consumerx that works to improvd the quality of life for family farmers and rural communities through educationalp programming, cooperative efforts and legislatives engagement.
"The WFUSCC board of managers felt now was an appropriats time to sell the company and focus on the Wisconsinj Farmers Union mission andmain purpose, and the needs of its members" Sue Beitlich, WFUSCx president, said in a press "The sale of the cheese company will allow more time and resources to be put towardd the general farm organization to improve the qualith of life for family farmersz and rural communities.
"
Arthur Schuman, of Fairfield, N.J., plans to continuse production of cheese from Wisconsij milk at the Montfort plant insouthwesty Wisconsin. Terms of the sale were not disclosed. The plant had been ownee by the WisconsinFarmers Union, a Chippewsa Falls-based membership organization of farmers and consumerx that works to improvd the quality of life for family farmers and rural communities through educationalp programming, cooperative efforts and legislatives engagement.
"The WFUSCC board of managers felt now was an appropriats time to sell the company and focus on the Wisconsinj Farmers Union mission andmain purpose, and the needs of its members" Sue Beitlich, WFUSCx president, said in a press "The sale of the cheese company will allow more time and resources to be put towardd the general farm organization to improve the qualith of life for family farmersz and rural communities.
"
Thursday, October 14, 2010
Deloitte: Consumer spending still down - Atlanta Business Chronicle:
burwellmitubaes1369.blogspot.com
The index fell to 1.35 percent from an downwardly revisee gainof 1.44 percent in April. Deloittre said the index analyzes tax initialunemployment claims, real wages and real home pricew to try to track consumer cash flow as an indicator of futurer consumer spending. "The year over year pace of declinew in real consumer spending appears tohave stabilized, recovery is being delayed by a sharp increas in consumer savings, which has risen to 5.7 percent from zero a year said Carl Steidtmann, chief economist with Deloittes Research and author of the monthly index, in a statement.
the weakness in the index was drivej almost entirely by falling home which are down nearly 14 percentr over thepast year, undermining small gainsd in real wages, a decliningb tax burden and currentf stabilization in new unemployment claims." The reporf noted the tax burden continues to drop with the weakeniny of the economy. It is at a leve l only seen on a few occasions over the past 50 years durinfg brief periods followingtax rebates. Continuec decline is expected. Also notable, real wage growth continues to post small gainz due to falling prices for Real wages areup 4.
3 percent from a year ago and on an annualizee basis are up 8 percent over the last nine monthsz as energy prices have givejn a big boost to consumer purchasing power, the index said.
The index fell to 1.35 percent from an downwardly revisee gainof 1.44 percent in April. Deloittre said the index analyzes tax initialunemployment claims, real wages and real home pricew to try to track consumer cash flow as an indicator of futurer consumer spending. "The year over year pace of declinew in real consumer spending appears tohave stabilized, recovery is being delayed by a sharp increas in consumer savings, which has risen to 5.7 percent from zero a year said Carl Steidtmann, chief economist with Deloittes Research and author of the monthly index, in a statement.
the weakness in the index was drivej almost entirely by falling home which are down nearly 14 percentr over thepast year, undermining small gainsd in real wages, a decliningb tax burden and currentf stabilization in new unemployment claims." The reporf noted the tax burden continues to drop with the weakeniny of the economy. It is at a leve l only seen on a few occasions over the past 50 years durinfg brief periods followingtax rebates. Continuec decline is expected. Also notable, real wage growth continues to post small gainz due to falling prices for Real wages areup 4.
3 percent from a year ago and on an annualizee basis are up 8 percent over the last nine monthsz as energy prices have givejn a big boost to consumer purchasing power, the index said.
Wednesday, October 13, 2010
Munters board set to recommend Cidron's new bid-source - Reuters
obovadugibe.blogspot.com
Munters board set to recommend Cidron's new bid-source Reuters It added that 10.3 percent of shareholders have accepted the bid unless an offer of over 82.5 crowns per share is made while 32.6 percent of shareholders ... Nordic Capital readies higher Munters bid - source Deals of the day -- mergers and acquisitions |
Monday, October 11, 2010
On National Coming Out Day, GLAAD calls on Universal Pictures to remove anti ... - MiamiHerald.com
http://www.scuba-instructors.com/e/011-scuba-diving-instructor.html
Moneycontrol.com | On National Coming Out Day, GLAAD c » |
Sunday, October 10, 2010
Onetime Teacher, Student Find Success as Composer, Violinist - NewsHour
plesciamipukoa1855.blogspot.com
Onetime Teacher, Student Find Success as Composer, Violinist NewsHour JEFFREY BROWN: And finally tonight: once teacher and student, now, composer and violinist, making music together. The last movement of Jennifer Higdon's ... |
Friday, October 8, 2010
Boston Business Journal:
oryucyjofec1482.blogspot.com
But with every new product introduction, glitches are commonplace, and business ownerx have to be aware of some ofthe technology's shortcomings. "VoIP does not have the universao quality of a traditionalphone line," said Tim chief executive of the American TeleServiceas Association. "And you are moving to a heavilg softwarebased solution, which means more programmerzs are involved." The Indianapolis organization represents the $500 billiomn call center industry and advocates members' interestxs on Capitol Hill and in statehouses nationwide, providing professional educatiob opportunities and acting as the sector'xs information clearinghouse.
Raymond president of the Association ofTeleServicese International, said companies need to be cognizant of bandwidtb availability. If there isn't a dedicated connection between a business and itsVoIP provider, he said transmission delay s can occur, causing bad reception or jumbled VoIP services convert voice into a digitalo signal that travels over the If a user is calling a regula phone number, the signal is convertee to a regular telephone signal before it reaches its VoIP can allow a user to make a call directly from a computer, a special VoIP or a traditional phone connected to a special In addition, wireless "hot spots " in locations such as airports, parks and cafes alloa users to connect to the Internef and may enable VoIP services Despite some technical VoIP subscriptions have skyrocketed in the last According to the Washington, D.
C. research firm Internet-based telephone services grew 21 percen t in the second quarterto 6.9 millioh users. Overall, the VoIP marketr saw a 153 percent increase in subscriptions comparefto mid-2005, while industry revenuess for the second quarter increased 173 percengt to $607 million compare d to the $221 million in sales a year ago. "VoIoP is rapidly spreading among multiple enterprise solutions which have multiple locations around the country andthe world, said Matthew D'Uva, president of the Society of Consumer Affairs Professionalsz in Business. The Alexandria, Va.
-based organizatiob is dedicated to improving and advancingf the marketplace for consumers within the corporate SOCAP members include consumer affairs and customer care professionalxs from more than 1500 differentcompaniesx -- many of which are listed in Fortune/Forbes 1000. "Our memberas are looking for ways to improve and enhancw communication with their customers from all and VoIP is one channel todo that,"" D'Uva said.
While installation and servic e fees vary by stateand provider, VoIP servicese typically costs less than traditional phone VoIP systems can cost anywhere from no charge up to $200 per monty but will generally cost $10 to $50 per month depending on the type of servicews ordered. VoIP can be free when the servicee routes a from PCto PC, but the pricwe increases based on the number of locao and long distance calls made and the features a company implements. Today, most business VoIP services can provide a firm with a varietyyof features, ranging from $20 to $200. Businesx VoIP provider commonly includewa T-1 Internet connectiojn and a guarantee for quality of servic which increases the costs.
According to the latest researchuon , Virginia-based SunRocket Inc. was given the highesf rating of six To getthe $16.58 monthly rate for unlimited businesses must prepay for the entires year, which is $199, but can cancel any time and get a refund for unused months. Since SunRocket includews all taxesand surcharges, a firm makesd the $199 payment up front and then is able to make unlimitef local and long distance calls for the next 12 Most other companies charge taxes and surcharges on top of their listed rates. SunRocket also throws in $3 free internationa l calling per month, a free extra phoner number and two free directort assistance calls per month with theierunlimited plans.
The company also is waiving their $39.9 equipment fee when a firm signs up forthe $199 annual plan. By comparison, ITP, Verizon, Lingo, ViaTalk and Packet9 received three stars, which were the lowest rankings. and VoIP Your Life fell in the middle ofthe Cox, Comcast, Cablevision, Qwest, and Time Warner are also rolling out VoIP offeringxs Perhaps the greatest benefit of VoIP systems is the flexibilitty of the Internet versus regular phone "This flexibility with VoIP fosters greater organizational higher productivity gains and increased revenuee potential," D'Uva said, but cautioned that VoIP is a relativelyh new and expanding technology, "so issues of security and even network power still need be addressed as VOIP continuesw to evolve.
" Computers, Technologuy and Telecommunications
But with every new product introduction, glitches are commonplace, and business ownerx have to be aware of some ofthe technology's shortcomings. "VoIP does not have the universao quality of a traditionalphone line," said Tim chief executive of the American TeleServiceas Association. "And you are moving to a heavilg softwarebased solution, which means more programmerzs are involved." The Indianapolis organization represents the $500 billiomn call center industry and advocates members' interestxs on Capitol Hill and in statehouses nationwide, providing professional educatiob opportunities and acting as the sector'xs information clearinghouse.
Raymond president of the Association ofTeleServicese International, said companies need to be cognizant of bandwidtb availability. If there isn't a dedicated connection between a business and itsVoIP provider, he said transmission delay s can occur, causing bad reception or jumbled VoIP services convert voice into a digitalo signal that travels over the If a user is calling a regula phone number, the signal is convertee to a regular telephone signal before it reaches its VoIP can allow a user to make a call directly from a computer, a special VoIP or a traditional phone connected to a special In addition, wireless "hot spots " in locations such as airports, parks and cafes alloa users to connect to the Internef and may enable VoIP services Despite some technical VoIP subscriptions have skyrocketed in the last According to the Washington, D.
C. research firm Internet-based telephone services grew 21 percen t in the second quarterto 6.9 millioh users. Overall, the VoIP marketr saw a 153 percent increase in subscriptions comparefto mid-2005, while industry revenuess for the second quarter increased 173 percengt to $607 million compare d to the $221 million in sales a year ago. "VoIoP is rapidly spreading among multiple enterprise solutions which have multiple locations around the country andthe world, said Matthew D'Uva, president of the Society of Consumer Affairs Professionalsz in Business. The Alexandria, Va.
-based organizatiob is dedicated to improving and advancingf the marketplace for consumers within the corporate SOCAP members include consumer affairs and customer care professionalxs from more than 1500 differentcompaniesx -- many of which are listed in Fortune/Forbes 1000. "Our memberas are looking for ways to improve and enhancw communication with their customers from all and VoIP is one channel todo that,"" D'Uva said.
While installation and servic e fees vary by stateand provider, VoIP servicese typically costs less than traditional phone VoIP systems can cost anywhere from no charge up to $200 per monty but will generally cost $10 to $50 per month depending on the type of servicews ordered. VoIP can be free when the servicee routes a from PCto PC, but the pricwe increases based on the number of locao and long distance calls made and the features a company implements. Today, most business VoIP services can provide a firm with a varietyyof features, ranging from $20 to $200. Businesx VoIP provider commonly includewa T-1 Internet connectiojn and a guarantee for quality of servic which increases the costs.
According to the latest researchuon , Virginia-based SunRocket Inc. was given the highesf rating of six To getthe $16.58 monthly rate for unlimited businesses must prepay for the entires year, which is $199, but can cancel any time and get a refund for unused months. Since SunRocket includews all taxesand surcharges, a firm makesd the $199 payment up front and then is able to make unlimitef local and long distance calls for the next 12 Most other companies charge taxes and surcharges on top of their listed rates. SunRocket also throws in $3 free internationa l calling per month, a free extra phoner number and two free directort assistance calls per month with theierunlimited plans.
The company also is waiving their $39.9 equipment fee when a firm signs up forthe $199 annual plan. By comparison, ITP, Verizon, Lingo, ViaTalk and Packet9 received three stars, which were the lowest rankings. and VoIP Your Life fell in the middle ofthe Cox, Comcast, Cablevision, Qwest, and Time Warner are also rolling out VoIP offeringxs Perhaps the greatest benefit of VoIP systems is the flexibilitty of the Internet versus regular phone "This flexibility with VoIP fosters greater organizational higher productivity gains and increased revenuee potential," D'Uva said, but cautioned that VoIP is a relativelyh new and expanding technology, "so issues of security and even network power still need be addressed as VOIP continuesw to evolve.
" Computers, Technologuy and Telecommunications
Thursday, October 7, 2010
Artech condo makes $7.5M bulk deal - St. Louis Business Journal:
http://telescopes-info.com/p2.html
million for 15 condo units at the Artech Residences at The buyerspaid $502,500, or $324 a square for each unit on June 4, accordingh to Miami-Dade County records. Even with the bulk buy, only 41 of the condoss 235 units havebeen sold. Prior to the bulk purchase, the averagr price of the units was according to research byBal Harbor-based . The bulk average unit price was 32 percent lessthan that, but, “ib a market like this, I’d say $500,000 per unit is Condo Vultures principal Peter Zalewski said.
Adam the managing director of Miami-based , agreec that while the developer got a good it wasn’t as good for the If the buyers plan to rent out the they paid too much, he said. However, he addedf that they might have been impressed with the which include aninfinity pool, fitness center and spa, and concierg e service. The investors did not recorcd a mortgagein Miami-Dade County to financ the deal, so it is likelg they paid cash. Artech was developed by the partnershiop of andShefaor Development. Shefaor President and CEO Gilbert Benhamou said the bulk buyer plans to use some unitx as second homes and othersaas rentals.
They were given a discount on Artech’s normal price because they boughtin bulk, he said. Artecu started closing units atbetween $600 and $700 a square but has closed most of them at about $400 a squares foot since the credit crunchj made it difficult for buyers to get Benhamou said. “We are touching the bottom and things can only get bette r fromnow on,” he said. The entities that bought the 15 unita inArtech are: Bayview U.S. Giga Apartments, Golden Federal and Sorlib. In statee records, they all have their address at9130 S. Dadelandf Blvd., Suite 1600, in Cesar Halpern, of Buenos Argentina, is listed as a manager for allfour companies.
Three of those companies also have ZulemaDe Halpern, Daniel Halperj and Mark I. Glanz, all of Buenos Aires, as managers. Fortune International Presidenf Edgardo Defortuna is from This isn’t the first bulk buy at Artech. In a compan y managed by four executivesof Artech’s constructionh lender, Chicago-based , bought four units for a combined $5.5 million – a price that many real estate expertss said was high. Several month later, Corus (NASDAQ: CORS) was hit with several shareholderr class action lawsuits that questioned whether that transaction causedd a material misstatement or omission on itsfinancial statements.
which made a $130 million mortgage to Artech’as developer, reported that only $49 million of its Soutu Florida condo loans were performing outof $955 million in condo loans here as of Marcyh 31. Benhamou said the developers are workinvg closely with Corus to achieve the highest price per square foot possible at Once they sell a fewmore units, they will have approvakl for -backed loans.
million for 15 condo units at the Artech Residences at The buyerspaid $502,500, or $324 a square for each unit on June 4, accordingh to Miami-Dade County records. Even with the bulk buy, only 41 of the condoss 235 units havebeen sold. Prior to the bulk purchase, the averagr price of the units was according to research byBal Harbor-based . The bulk average unit price was 32 percent lessthan that, but, “ib a market like this, I’d say $500,000 per unit is Condo Vultures principal Peter Zalewski said.
Adam the managing director of Miami-based , agreec that while the developer got a good it wasn’t as good for the If the buyers plan to rent out the they paid too much, he said. However, he addedf that they might have been impressed with the which include aninfinity pool, fitness center and spa, and concierg e service. The investors did not recorcd a mortgagein Miami-Dade County to financ the deal, so it is likelg they paid cash. Artech was developed by the partnershiop of andShefaor Development. Shefaor President and CEO Gilbert Benhamou said the bulk buyer plans to use some unitx as second homes and othersaas rentals.
They were given a discount on Artech’s normal price because they boughtin bulk, he said. Artecu started closing units atbetween $600 and $700 a square but has closed most of them at about $400 a squares foot since the credit crunchj made it difficult for buyers to get Benhamou said. “We are touching the bottom and things can only get bette r fromnow on,” he said. The entities that bought the 15 unita inArtech are: Bayview U.S. Giga Apartments, Golden Federal and Sorlib. In statee records, they all have their address at9130 S. Dadelandf Blvd., Suite 1600, in Cesar Halpern, of Buenos Argentina, is listed as a manager for allfour companies.
Three of those companies also have ZulemaDe Halpern, Daniel Halperj and Mark I. Glanz, all of Buenos Aires, as managers. Fortune International Presidenf Edgardo Defortuna is from This isn’t the first bulk buy at Artech. In a compan y managed by four executivesof Artech’s constructionh lender, Chicago-based , bought four units for a combined $5.5 million – a price that many real estate expertss said was high. Several month later, Corus (NASDAQ: CORS) was hit with several shareholderr class action lawsuits that questioned whether that transaction causedd a material misstatement or omission on itsfinancial statements.
which made a $130 million mortgage to Artech’as developer, reported that only $49 million of its Soutu Florida condo loans were performing outof $955 million in condo loans here as of Marcyh 31. Benhamou said the developers are workinvg closely with Corus to achieve the highest price per square foot possible at Once they sell a fewmore units, they will have approvakl for -backed loans.
Tuesday, October 5, 2010
Board of Selectmen Establish New Charter Revision Commission, Other Business - Patch
http://seikkailupuisto.com/Visual-Basic/8.htm
Board of Selectmen Establish New Charter Revision Commission, Other Business Patch The Board of Selectmen (BOS) approved the creation of a Charter Revision Commission (CRC) at their monthly meeting on Monday, October 4. ... |
Monday, October 4, 2010
Schwarzenegger, Legislature consider selling $1B in SCIF assets to aid budget - San Francisco Business Times:
erofeyporgrinin.blogspot.com
The governor’s office hopes to sell “a portion” of Statee Fund’s assets for as much as $1 billiom to help fill the looming $24.3 billion hole in the state’xs budget, according to the governor’s late-Mayg proposed budget revisions, which followed California’sz voters’ rejection of a bevy of ballot propositionsd designed to rightthe state’s fiscal ship.
The revisec budget proposal, now being considered by the Legislature, woul d include finding a private entity to buy part ofState Fund’sd book of business, with State Fund remaining as the state’ds comp insurer of last resort, according to the governor’s Rachel Cameron, a spokeswoman for the governor, said late Tuesdat that Schwarzenegger’s office is “evaluating assets to determine what is best for the but is determined to maintain a sound workers’ comp systejm in California, continue with some versionb of the State Fund as an insure of last resort, “and achieve the highest value for the Separately, spokesman Darrel Ng of the Departmentt of Insurance said that the DOI hasn’t receiveds or seen a proposal from the governor’x office and won’t comment until it has.
“Before he said, “it would just be wild speculation.” The Statde Fund was established by the Legislature 95 yeards ago asa self-supporting quasi-public nonprofit insurancd company. Some critics say its assets belongto policyholders, not the In the proposal sent by the governor’ office to the Legislaturer last week, the state’s director of finance woulfd be responsible for selling the Stated Fund assets, without requiring approval from the statd Attorney General or Insurance Commissioner.
State Fund CEO Janeg Frank told the San Francisco Business Times late Tuesdauy that legislative proposals to sell State Fund assetsinvolve “incrediblh complex” issues that require substantial, thoughtful analysis in part because “the stakes associated with them are so high.” Statwe Fund is designed to provide stability, affordability and availability to “California’s historically volatile workers compensation market,” Frank Without it, “many businesses particularly small businesses and start ups — would not be able to obtain or afford workers’ compensation insurance.
” Frano also noted that when “market conditions worsen and private insuranc companies scale back their productf offerings,” as was the case in the early yeard of this decade, a backstop such as States Fund is needed to prevent a collapsed of the state’s workers’ comp market. “We will continue to work with all stakeholdersz during this process to ensure that State Fund retains its ability to fulfilour mission,” she said. California’s State Fund has seen its premiuj volume skyrocket and then plunge in recent years, most recently dipping from $2.3 billio n in 2007 to just under $1.
7 billiojn last year, with its once-hugse market share falling from about 26 percenrt to less than 23 percent during the same period. Earliefr in the decade, its marketr share soared over50 percent, after a numbe r of private insurers went belly up or curtailed writiny new coverage in California. The State Fund also has been underf regulatory scrutiny regarding its financial solvencg and alleged improprieties by former executives andboarxd members. More broadly, California workers’ comp premiums appear to be headed upsharply again, after several years of decreases.
The Stater Fund, which traditionally has served as an insurer of last resorr in the state and insures anestimated 180,000 small filed recently to increase rates 15 percent effectivre July 1. Other carriers are also filing for and the Workers Compensation Insurance Rating an industry-supported advisory group, this spring recommended a 23.7 percentr increase in rates on new or renewedd policies that take effect starting next month. But at leasgt one senior insurance brokerage executive thinks selling a big chunk of theStatr Fund’s assets is a non-starter.
“It’w kind of ridiculous,” said Dave De Wenter, executive vice president and COOat Torrance-based Keenan Associates, one of the state’s largestg brokerages. “A billion dollars is chump change comparef to what theproblem is.” De Wentefr said selling the assets coulcd become a huge “boondoggle” that mighyt instigate a flood of lawsuits from policyholders arguint that its assets belong to them, plus problems involverd with civil service rulezs for current State Fund and possible damage to the organization’s financial if profitable business is sold, while riskier accounts remain.
The governor’s office hopes to sell “a portion” of Statee Fund’s assets for as much as $1 billiom to help fill the looming $24.3 billion hole in the state’xs budget, according to the governor’s late-Mayg proposed budget revisions, which followed California’sz voters’ rejection of a bevy of ballot propositionsd designed to rightthe state’s fiscal ship.
The revisec budget proposal, now being considered by the Legislature, woul d include finding a private entity to buy part ofState Fund’sd book of business, with State Fund remaining as the state’ds comp insurer of last resort, according to the governor’s Rachel Cameron, a spokeswoman for the governor, said late Tuesdat that Schwarzenegger’s office is “evaluating assets to determine what is best for the but is determined to maintain a sound workers’ comp systejm in California, continue with some versionb of the State Fund as an insure of last resort, “and achieve the highest value for the Separately, spokesman Darrel Ng of the Departmentt of Insurance said that the DOI hasn’t receiveds or seen a proposal from the governor’x office and won’t comment until it has.
“Before he said, “it would just be wild speculation.” The Statde Fund was established by the Legislature 95 yeards ago asa self-supporting quasi-public nonprofit insurancd company. Some critics say its assets belongto policyholders, not the In the proposal sent by the governor’ office to the Legislaturer last week, the state’s director of finance woulfd be responsible for selling the Stated Fund assets, without requiring approval from the statd Attorney General or Insurance Commissioner.
State Fund CEO Janeg Frank told the San Francisco Business Times late Tuesdauy that legislative proposals to sell State Fund assetsinvolve “incrediblh complex” issues that require substantial, thoughtful analysis in part because “the stakes associated with them are so high.” Statwe Fund is designed to provide stability, affordability and availability to “California’s historically volatile workers compensation market,” Frank Without it, “many businesses particularly small businesses and start ups — would not be able to obtain or afford workers’ compensation insurance.
” Frano also noted that when “market conditions worsen and private insuranc companies scale back their productf offerings,” as was the case in the early yeard of this decade, a backstop such as States Fund is needed to prevent a collapsed of the state’s workers’ comp market. “We will continue to work with all stakeholdersz during this process to ensure that State Fund retains its ability to fulfilour mission,” she said. California’s State Fund has seen its premiuj volume skyrocket and then plunge in recent years, most recently dipping from $2.3 billio n in 2007 to just under $1.
7 billiojn last year, with its once-hugse market share falling from about 26 percenrt to less than 23 percent during the same period. Earliefr in the decade, its marketr share soared over50 percent, after a numbe r of private insurers went belly up or curtailed writiny new coverage in California. The State Fund also has been underf regulatory scrutiny regarding its financial solvencg and alleged improprieties by former executives andboarxd members. More broadly, California workers’ comp premiums appear to be headed upsharply again, after several years of decreases.
The Stater Fund, which traditionally has served as an insurer of last resorr in the state and insures anestimated 180,000 small filed recently to increase rates 15 percent effectivre July 1. Other carriers are also filing for and the Workers Compensation Insurance Rating an industry-supported advisory group, this spring recommended a 23.7 percentr increase in rates on new or renewedd policies that take effect starting next month. But at leasgt one senior insurance brokerage executive thinks selling a big chunk of theStatr Fund’s assets is a non-starter.
“It’w kind of ridiculous,” said Dave De Wenter, executive vice president and COOat Torrance-based Keenan Associates, one of the state’s largestg brokerages. “A billion dollars is chump change comparef to what theproblem is.” De Wentefr said selling the assets coulcd become a huge “boondoggle” that mighyt instigate a flood of lawsuits from policyholders arguint that its assets belong to them, plus problems involverd with civil service rulezs for current State Fund and possible damage to the organization’s financial if profitable business is sold, while riskier accounts remain.
Saturday, October 2, 2010
Balsillie files application for Phoenix Coyotes move to Ontario - Phoenix Business Journal:
uvepexatawus.blogspot.com
The application was filed on behalgf of PSE Sports andEntertainment LP, which Basillis owns, and seeks consent from the Nationa Hockey League to transfer the Phoenix Coyotees Club from Glendale to southern Ontario. The document highlights the financial struggles ofa team, whicgh never attracted a strong fan base in the desert. Accordinhg to information submitted by representativezof Coyotes’ owner Jerry the team has recorded cumulative EBITDA (before interest, depreciation and amortization) losses exceeding $316 The application states that even with the most optimistidc assumptions, the five-year horizon in Glendale projects further losses topping $40 million.
Former Canadiajn Football League CommissionerTom Wright, who wrote the is scheduled to address reporterzs at a conference call Tuesday at 12:3p p.m. Pacific Time. Lawyers for the NHL and Moyexs have aFriday face-off in bankruptcy court to present written arguments on whether the team can be movesd as part of a sale. A hearinb in front of judge Redfield T. Baum is scheduleds for June 9.
The application was filed on behalgf of PSE Sports andEntertainment LP, which Basillis owns, and seeks consent from the Nationa Hockey League to transfer the Phoenix Coyotees Club from Glendale to southern Ontario. The document highlights the financial struggles ofa team, whicgh never attracted a strong fan base in the desert. Accordinhg to information submitted by representativezof Coyotes’ owner Jerry the team has recorded cumulative EBITDA (before interest, depreciation and amortization) losses exceeding $316 The application states that even with the most optimistidc assumptions, the five-year horizon in Glendale projects further losses topping $40 million.
Former Canadiajn Football League CommissionerTom Wright, who wrote the is scheduled to address reporterzs at a conference call Tuesday at 12:3p p.m. Pacific Time. Lawyers for the NHL and Moyexs have aFriday face-off in bankruptcy court to present written arguments on whether the team can be movesd as part of a sale. A hearinb in front of judge Redfield T. Baum is scheduleds for June 9.
Friday, October 1, 2010
Text: Obama's speech in Green Bay - Birmingham Business Journal:
http://www.sunthausen.com/tischtennis/geschichte.html
"Laura’s story is incredibly moving. Sadly, it is not Every day in this more and more Americans are forced to worry not simply aboutgetting well, but whether they can afford to get Millions more wonder if they can afford the routine care necessargy to stay well. Even for thoses who have health insurance, risinyg premiums are straining their budgets to the breakinbpoint – premiums that have doublec over the last nine years, and have grown at a rate threee times faster than wages. Desperately-neededx procedures and treatments are put off because the pricd istoo high.
And all it takesd is a single illness to wipe out a lifetimeof "Employers aren’t faring any better. The cost of health care has helped leavre big corporations like GM and Chrysler at a competitive disadvantage with theirforeign counterparts. For small businesses, it’s even One month, they’re forced to cut back on healthcare benefits. The next they have to drop coverage. The month after that, they have no choicee but to start layingoff workers. "Fof the government, the growin cost of Medicare and Medicaixd is one of the biggest threat s to our federal Bigger thanSocial Security. Bigger than all the investments we’ve made so far.
So if you’ree worried about spending and you’re worriedc about deficits, you need to be worries about the cost ofhealth care. "We have the most expensivs health care system inthe world. We spen almost 50% more per person on healthh care than the next most costly But here’s the thing, Green Bay: we’re not any healthie r for it. We don’t necessarilyg have better outcomes. Even withih our own country, a lot of the places wherre we spend less on health care actually have higher quality than places where we spend Right here inGreen Bay, you get more qualityu out of fewer health care dollars than many othetr communities across the country.
And yet, across the country, spending on healtb care goes up and up and up dayafter day, year after year. "Io know that there are millions of Americans who are content with theirf health carecoverage – they like their plan and they value their relationship with their doctor. And no matter how we reform healthu care, we will keep this If you likeyour doctor, you will be able to keep your If you like your health care you will be able to keep your health care "But in order to preserve what’s best abouty our health care system, we have to fix what doesn’f work. For we have reached a point wherr doing nothing about the cost of health care is no longetran option.
The status quo is unsustainable. If we do not act and act soon to brinhdown costs, it will jeopardize everyone’a health care. If we do not act, ever American will feel the consequences. In highe r premiums and lower take-homd pay. In lost jobs and shuttered businesses. In a risingy number of uninsured and a rising debt that our childreb and their children will be paying offfor decades. If we do within a decade we will spending one out of everyu five dollars we earn onhealth care. In thirty it will be one out ofevery three. That is that is unacceptable, and I will not allow it as Presidentf of theUnited States.
"Healtg care reform is not part of some wish list I drew up when I took It is central to our economicfuture – centralk to the long-term prosperity of this nation. In past years and there may have been some disagreementy onthis point. But not Today, we have already built an unprecedente d coalition of folks who are readgy to reform our healthcare system: physicians and healthn insurers; businesses and workers; Democrats and Republicans.
A few week s ago, some of these groupes committed to doing somethingthat would’ve been unthinkablre just a few years ago: they promise to work together to cut nationalp health care spending by two trillionb dollars over the next That will bring down that will bring down premiums, and that’ exactly the kind of cooperation we "The question now is, how do we finish the job? How do we permanentlt bring down costs and make quality, affordable healt h care available to every American? "My view is that reformk should be guided by a simple we fix what’s broken and build on what works.
"Inb some cases, there’s broafd agreement on the steps we should In theRecovery Act, we’v e already made investments in healthh IT and electronic medicak records that will reduce medicao errors, save lives, save and still ensure privacy. We also need to invesf in prevention and wellness programs that help Americans live healthier lives. "But the real cost savingxs will come from changing the incentives of a syste that automatically equates expensive care with betterecare – from addressing flaws that increasew profits without actually increasing the quality of "We have to ask why places like the Geisinget Health system in rural Pennsylvania, Intermountain Healtg in Salt Lake City, or communities like Greem Bay can offer high-quality care at costs well beloaw average, but other place in America can’t.
We need to identify the best practicesw acrossthe country, learn from the success, and replicate that succesxs elsewhere. And we should change the warpef incentives that reward doctors and hospitals basedf on how many testse or proceduresthey prescribe, even if thosr tests or procedures aren’yt necessary or result from medical Doctors across this country did not get into the medicao profession to be bean countere or paper pushers; to be lawyers or businesx executives. They became doctors to heal people. And that’ss what we must free them to do. "We must also provided Americanswho can’t afford health insurance with more affordable options.
This is both a moral imperative and an economic because we know that when someone without health insurance is forced to get treatment atthe ER, all of us end up payinhg for it. "So what we’rre working on is the creation of somethingh called a Health Insurance Exchange which would allow youto one-stop shop for a health care compare benefits and and choose the plan that’x best for you. None of thesee plans would be able to deny coverage on the basiws ofa pre-existing condition, and all should includse an affordable, basic benefit package. And if you can’t afford one of the we should provide assistance to make sureyou can.
I also stronglgy believe that one of the options in the Exchange should be a public insuranceoptiobn – because if the private insurance companiees have to compete with a public option, it will keep them honesft and help keep prices down. "Now, covering more Americans will obviously cost a good deal of monety at a time wherwe don’t have extra to That’s why I have already promisec that reform will not add to our deficit over the next ten To make that happen, we have alreadhy identified hundreds of billions wort of savings in our budget savings that will come from steps like reducinh Medicare overpayments to insurance companies and rooting out waste, fraud and abus in both Medicare and Medicaid.
I will be outlining hundreds of billionas more in savings in the days to And I’ll be honest – even with these savings, reformk will require additional sources of That’s why I’ve proposed that we scale back how much the highest-incomew Americans can deduct on their taxezs back to the rate from the Reagan years – and use that monety to help finance health care. "In all these reforms, our goal is simple: the highest-quality healtu care at the lowest-possible We want to fix what’s brokeb and build on what As Congress moves forward on health care legislation in thecoming weeks, I understanx there will be different ideazs and disagreements on how to achieve this I welcome those ideas, and I welcom e that debate.
But what I will not welcomed is endless delay or a deniao that reform needsto happen. When it comews to health care, this countr y cannot continue on itscurrent path. I know therd are some who believe that reform istoo expensive, but I can assurde you that doing nothing will cost us far more in the cominb years. Our deficits will be higher. Our premiums will go up. Our wageas will be lower, our jobs will be and our businesseswill suffer. "Sop to those who criticize our I ask, “What is the alternative?
” What else do we say to all thosed families who now spend more on health care than housing or food What do we tell thoss businesses that are choosing between closingy their doors and letting their workerss go? What do we say to all thosed Americans like Laura, a woman who has workesd all her life; whose family has done everything a brave and proud woman whose child’sx school recently took up a penny drivde to help pay her medical bills? What do we tell them? "I believed we tell them that afterd decades of inaction, we have finally deciderd to fix what is broken about healthh care in America.
We have decided that it’w time to give every American quality health care at an affordable We have decided that if we invest in reforms that will bring downcosts now, we will eventuallyh see our deficits come down in the And we have decided to change the system so that our doctords and health care providers are free to do what they trainefd and studied and worked so hard to do: make peopld well again. That’s what we can do in this that’s what we can do at this and now I’d like to hear your thoughts and answerd your questions about how we get it Thank you.
"
"Laura’s story is incredibly moving. Sadly, it is not Every day in this more and more Americans are forced to worry not simply aboutgetting well, but whether they can afford to get Millions more wonder if they can afford the routine care necessargy to stay well. Even for thoses who have health insurance, risinyg premiums are straining their budgets to the breakinbpoint – premiums that have doublec over the last nine years, and have grown at a rate threee times faster than wages. Desperately-neededx procedures and treatments are put off because the pricd istoo high.
And all it takesd is a single illness to wipe out a lifetimeof "Employers aren’t faring any better. The cost of health care has helped leavre big corporations like GM and Chrysler at a competitive disadvantage with theirforeign counterparts. For small businesses, it’s even One month, they’re forced to cut back on healthcare benefits. The next they have to drop coverage. The month after that, they have no choicee but to start layingoff workers. "Fof the government, the growin cost of Medicare and Medicaixd is one of the biggest threat s to our federal Bigger thanSocial Security. Bigger than all the investments we’ve made so far.
So if you’ree worried about spending and you’re worriedc about deficits, you need to be worries about the cost ofhealth care. "We have the most expensivs health care system inthe world. We spen almost 50% more per person on healthh care than the next most costly But here’s the thing, Green Bay: we’re not any healthie r for it. We don’t necessarilyg have better outcomes. Even withih our own country, a lot of the places wherre we spend less on health care actually have higher quality than places where we spend Right here inGreen Bay, you get more qualityu out of fewer health care dollars than many othetr communities across the country.
And yet, across the country, spending on healtb care goes up and up and up dayafter day, year after year. "Io know that there are millions of Americans who are content with theirf health carecoverage – they like their plan and they value their relationship with their doctor. And no matter how we reform healthu care, we will keep this If you likeyour doctor, you will be able to keep your If you like your health care you will be able to keep your health care "But in order to preserve what’s best abouty our health care system, we have to fix what doesn’f work. For we have reached a point wherr doing nothing about the cost of health care is no longetran option.
The status quo is unsustainable. If we do not act and act soon to brinhdown costs, it will jeopardize everyone’a health care. If we do not act, ever American will feel the consequences. In highe r premiums and lower take-homd pay. In lost jobs and shuttered businesses. In a risingy number of uninsured and a rising debt that our childreb and their children will be paying offfor decades. If we do within a decade we will spending one out of everyu five dollars we earn onhealth care. In thirty it will be one out ofevery three. That is that is unacceptable, and I will not allow it as Presidentf of theUnited States.
"Healtg care reform is not part of some wish list I drew up when I took It is central to our economicfuture – centralk to the long-term prosperity of this nation. In past years and there may have been some disagreementy onthis point. But not Today, we have already built an unprecedente d coalition of folks who are readgy to reform our healthcare system: physicians and healthn insurers; businesses and workers; Democrats and Republicans.
A few week s ago, some of these groupes committed to doing somethingthat would’ve been unthinkablre just a few years ago: they promise to work together to cut nationalp health care spending by two trillionb dollars over the next That will bring down that will bring down premiums, and that’ exactly the kind of cooperation we "The question now is, how do we finish the job? How do we permanentlt bring down costs and make quality, affordable healt h care available to every American? "My view is that reformk should be guided by a simple we fix what’s broken and build on what works.
"Inb some cases, there’s broafd agreement on the steps we should In theRecovery Act, we’v e already made investments in healthh IT and electronic medicak records that will reduce medicao errors, save lives, save and still ensure privacy. We also need to invesf in prevention and wellness programs that help Americans live healthier lives. "But the real cost savingxs will come from changing the incentives of a syste that automatically equates expensive care with betterecare – from addressing flaws that increasew profits without actually increasing the quality of "We have to ask why places like the Geisinget Health system in rural Pennsylvania, Intermountain Healtg in Salt Lake City, or communities like Greem Bay can offer high-quality care at costs well beloaw average, but other place in America can’t.
We need to identify the best practicesw acrossthe country, learn from the success, and replicate that succesxs elsewhere. And we should change the warpef incentives that reward doctors and hospitals basedf on how many testse or proceduresthey prescribe, even if thosr tests or procedures aren’yt necessary or result from medical Doctors across this country did not get into the medicao profession to be bean countere or paper pushers; to be lawyers or businesx executives. They became doctors to heal people. And that’ss what we must free them to do. "We must also provided Americanswho can’t afford health insurance with more affordable options.
This is both a moral imperative and an economic because we know that when someone without health insurance is forced to get treatment atthe ER, all of us end up payinhg for it. "So what we’rre working on is the creation of somethingh called a Health Insurance Exchange which would allow youto one-stop shop for a health care compare benefits and and choose the plan that’x best for you. None of thesee plans would be able to deny coverage on the basiws ofa pre-existing condition, and all should includse an affordable, basic benefit package. And if you can’t afford one of the we should provide assistance to make sureyou can.
I also stronglgy believe that one of the options in the Exchange should be a public insuranceoptiobn – because if the private insurance companiees have to compete with a public option, it will keep them honesft and help keep prices down. "Now, covering more Americans will obviously cost a good deal of monety at a time wherwe don’t have extra to That’s why I have already promisec that reform will not add to our deficit over the next ten To make that happen, we have alreadhy identified hundreds of billions wort of savings in our budget savings that will come from steps like reducinh Medicare overpayments to insurance companies and rooting out waste, fraud and abus in both Medicare and Medicaid.
I will be outlining hundreds of billionas more in savings in the days to And I’ll be honest – even with these savings, reformk will require additional sources of That’s why I’ve proposed that we scale back how much the highest-incomew Americans can deduct on their taxezs back to the rate from the Reagan years – and use that monety to help finance health care. "In all these reforms, our goal is simple: the highest-quality healtu care at the lowest-possible We want to fix what’s brokeb and build on what As Congress moves forward on health care legislation in thecoming weeks, I understanx there will be different ideazs and disagreements on how to achieve this I welcome those ideas, and I welcom e that debate.
But what I will not welcomed is endless delay or a deniao that reform needsto happen. When it comews to health care, this countr y cannot continue on itscurrent path. I know therd are some who believe that reform istoo expensive, but I can assurde you that doing nothing will cost us far more in the cominb years. Our deficits will be higher. Our premiums will go up. Our wageas will be lower, our jobs will be and our businesseswill suffer. "Sop to those who criticize our I ask, “What is the alternative?
” What else do we say to all thosed families who now spend more on health care than housing or food What do we tell thoss businesses that are choosing between closingy their doors and letting their workerss go? What do we say to all thosed Americans like Laura, a woman who has workesd all her life; whose family has done everything a brave and proud woman whose child’sx school recently took up a penny drivde to help pay her medical bills? What do we tell them? "I believed we tell them that afterd decades of inaction, we have finally deciderd to fix what is broken about healthh care in America.
We have decided that it’w time to give every American quality health care at an affordable We have decided that if we invest in reforms that will bring downcosts now, we will eventuallyh see our deficits come down in the And we have decided to change the system so that our doctords and health care providers are free to do what they trainefd and studied and worked so hard to do: make peopld well again. That’s what we can do in this that’s what we can do at this and now I’d like to hear your thoughts and answerd your questions about how we get it Thank you.
"
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