ulyanaimiiurebor.blogspot.com
Attorney General Richard Cordray’s office said the State Teacherx Retirement System of Ohio and Ohio Publif Employees Retirement System were grantexd lead plaintiff status in a filed earlie r this year thataccuses Charlotte-base BofA (NYSE:BAC) of withholding key details on Merrilkl Lynch’s financial health. Those non-disclosures, the suit alleges, causefd shareholder losses. That lead plaintiffr group also includes the Teachet Retirement System of Texas and pension funda in Hollandand Sweden. Combined lossesa for the five-member group between July 21, and Jan.
20 have been pegged at about $274 The California Public Employees’ Retirement System and the CaliforniaStates Teachers’ Retirement System also had been seeking lead plaintiff status in the suit, but U.S. District Court Judge Dennt Chin of New York noted that the OPERz and STRS group had the largest financial interest in the Cordray in a statement called the lead plaintifgassignment “both a great opportunity and a great responsibility.
”
Friday, September 30, 2011
Wednesday, September 28, 2011
Southwest implements new fees for pets, kids, third bags - Houston Business Journal:
ogarawo.wordpress.com
William P. Hobby Airport in Houston is the sixth-busiest airport in terms of daily departurezfor Southwest. The Dallas-base airline will allow passengers to bring a smalpl dog or cat into the cabin with them duringh flights for a feeof $75 each way. The pet must be containedr in a carrier that fits underthe seat, and that carriedr will count as the passenger’s carry-ohn bag for those flights.
"We know from customer and employee feedback that our new customers will be a welcomed addition to any SouthwestAirlines Chairman, Presidengt and CEO Gary Kelly said in a news release However, Southwest (NYSE: LUV) also will begi implementing a $25 each-way service charge to watch over children ages 5 to 11 who are unaccompanies by adults. That service previously was offererdfor free. "We are proud to offerd an outstanding service for our yountg customers travelling alone but realize that the extraw service does come at a cost tothe company," Kelly said in the Also, Southwest will increase its existinv service charge for a third bag or overweight (51 to 70 pounds) bag from $25 to $50.
Passengerd will continue to be able to check two bags under 51 poundsd withouta charge. "Ww continue to allow our customers to check two bags on Southwestfor free, making our baggagwe policy far and away one of the most generous in the Kelly said in the release. "Thes increase in the baggage charg impacts approximately 1 percent of our The baggage policy will take effect onJune 17. The pet and unaccompanied-mino charges will apply to ticketas purchased on or aftert June 1 for people flying on or afterJune 17.
William P. Hobby Airport in Houston is the sixth-busiest airport in terms of daily departurezfor Southwest. The Dallas-base airline will allow passengers to bring a smalpl dog or cat into the cabin with them duringh flights for a feeof $75 each way. The pet must be containedr in a carrier that fits underthe seat, and that carriedr will count as the passenger’s carry-ohn bag for those flights.
"We know from customer and employee feedback that our new customers will be a welcomed addition to any SouthwestAirlines Chairman, Presidengt and CEO Gary Kelly said in a news release However, Southwest (NYSE: LUV) also will begi implementing a $25 each-way service charge to watch over children ages 5 to 11 who are unaccompanies by adults. That service previously was offererdfor free. "We are proud to offerd an outstanding service for our yountg customers travelling alone but realize that the extraw service does come at a cost tothe company," Kelly said in the Also, Southwest will increase its existinv service charge for a third bag or overweight (51 to 70 pounds) bag from $25 to $50.
Passengerd will continue to be able to check two bags under 51 poundsd withouta charge. "Ww continue to allow our customers to check two bags on Southwestfor free, making our baggagwe policy far and away one of the most generous in the Kelly said in the release. "Thes increase in the baggage charg impacts approximately 1 percent of our The baggage policy will take effect onJune 17. The pet and unaccompanied-mino charges will apply to ticketas purchased on or aftert June 1 for people flying on or afterJune 17.
Sunday, September 25, 2011
Yuan rate relevant to BOP, China says - Taipei Times
bacijaxymu.wordpress.com
Reuters | Yuan rate relevant to BOP, China says Taipei Times The yuan's exchange rate is “highly relevant†to China's international balance of payments (BOP), central bank Governor Zhou Xiaochuan (å'¨å°å·) said, adding that a global economic slowdown would not norm » |
Friday, September 23, 2011
Serving Soldiers? - Inside Higher Ed
bafepexu.wordpress.com
Campus Progress | Serving Soldiers? Inside Higher Ed WASHINGTON -- Democrats in the US Senate are turning up the heat on for-profit colleges for their heavy recruiting of veterans and active-duty service members. But it remains unclear if the strong words on Capitol Hill will translate into policy ... Student Veterans and For-Profit Colleges: A Match Made in Hell? |
Wednesday, September 21, 2011
Gary Johnson to Participate in National GOP Debate - ABC News (blog)
obesonuqa.wordpress.com
The State Column | Gary Johnson to Participate in National GOP Debate ABC News (blog) UPDATE: Gary Johnson 2012 released a statement Wednesday morning confirming that Johnson will participate in the debate. Gary Johnson's presidential campaign got a big break Tuesday. Over the objections of the Florida Republican party, the former New ... Gary Johnson to participate in the next GOP debate Little-known presidential hopeful Gary Johnson to participate in Thursday's ... Gary Johnson to participate in Fox News Republican presidential debate |
Monday, September 19, 2011
Hawaii Medical Center: Hospitals are
ycoguqi.wordpress.com
Records filed this week as part of the HMC bankruptcty proceeding reveal that the company is essentially askinbg a judge fora do-oveer of the January 2007 deal and to lowe r the amount they have to pay . “Theyu are not worth the money that we owe on saidBadr Idbeis, chairman of the Hawaiij Medical Center board. “We were not naiver about it, we knew we were payingy a premium price, but we negotiates the best pricewe could.” The Romah Catholic religious order sold the two hospitalas for $68 million and then provide most of the financing. St. Francis financed a $40.21 million term loan and an $8.9 million working capital loan. The deal requires HMC to pay $342,000 a month.
But month afterd month, the sisters of St. Francis gave in to often allowing HMC to pay just the interest onthe loans. Hawaij Medical Center has paidabout $2.7 million so far but has missedx $6.8 million in loan payments to St. Francis over its past 10 monthein bankruptcy. “Rather than blamingg their failure on the sistersof St. Francis, it is time for Hawaii Medical Center to admir that it has said SisterAgnelle Ching, St. Francis chief executive officer, in a bluntlh worded statement issued Tuesday after St. Francis filed its objections to the proposef HMCreorganization plan. St.
Francis claims that HMC’s failurwe is due to the incompetence of its management and the fact theprincipals “misrepresented their management capability and financial wherewithal.” HMC executives are now “complainingb that they were hoodwinked by a cabal of Franciscanj sisters,” the filing said. Another sore spot for the sisterzs is that HMC broke its promise tofinance $30 million in capital improvementw — a major factor in St. Francis’ decision to selecty them as the buyer ofthe hospitals. Idbeis said HMC never made that promise. But the signws of trouble were apparent to those inthe health-care industry months before the deal closed.
When a groupp of local doctors personally investedbetweenh $50,000 and $1 million each in HMC a partnership of , an affiliate of Cardiovascular Hospitala of America and Hawaii Physician Group LLC colleagues said the investors were in over their heads and destinedc to fail. More than 130 Hawaii-bases doctors joined Hawaii Physician Group, believing the idea that a physician-owned hospital system could They liked the idea of being in charged of patient careand operations, instead of leaving it to The doctors watched thei dream crumble as debt mounted and operationsa rapidly declined to the point where HMC was forcede into Chapter 11 bankruptcy last even after several rounds of layoffxs cut operational costs.
Although the State Health Planning & Development Agency, which regulateas health-care projects and acquisitions, signed off on the the bankruptcy documents suggest that the deal was doomexd fromthe start. Not only did the sisters of St. Francis require the buyer to purchasse both hospitals as a package the money-losing Liliha facility and more-profitabler medical center in Ewa — they rejectedf an offer to sell their profitable dialysis subsidiary to the HMC according to Idbeis.
“We did ask to buy it and they we would’ve been in the black all along,” he HMC also put itself at a disadvantage because of its for-profit status, which required payment of both general exciswe and property taxes, unlike its nonprofit competitors. Exacerbatinh the situation was the fact that HMC failed to change its population to reduce the number of Medicared and Medicaid patientsit treated, even though the Francisca n sisters had insisted that the buyers not waver from theid commitment to treat the elderly and the indigent.
“That reputation we really were nevetr able to change and we continu to have a much higher numbee of Medicare andMedicaid patients,” Idbeis said. Idbeis also said the two St. Franciz facilities were in much worse physicalp shape than the buyerswere told. The troubles weren’ft apparent to the buyers until after the sale he said. “I don’t know if it was a miscommunicatiob orthey [St. Francis] themselves may not have knowbn that it was insuch disrepair,” he said.
“Whaf it turned out to be is much worse than they told Despitethe ill-fated deal, HMC has significantlyu improved operations, reducing the length of stay by nearly half and cuttinf losses by one half in less than three Idbeis said. The outcome of the bankruptch will determine not only the future of the two hospitals but also the scope of the work done bythe St. Francisx order in Hawaii. St. Francis said it planned to use the mone from the sale of the hospitalw to help pay for a new assisted liviny community for the elderly poor in Ewa and to pay for its ongoiny socialservice work. “St.
Francis has been deprivex of a substantial income stream that it uses to fulfill its mission ofproviding health-carwe services to the poor and needyy of this community,” the religious order said in court
Records filed this week as part of the HMC bankruptcty proceeding reveal that the company is essentially askinbg a judge fora do-oveer of the January 2007 deal and to lowe r the amount they have to pay . “Theyu are not worth the money that we owe on saidBadr Idbeis, chairman of the Hawaiij Medical Center board. “We were not naiver about it, we knew we were payingy a premium price, but we negotiates the best pricewe could.” The Romah Catholic religious order sold the two hospitalas for $68 million and then provide most of the financing. St. Francis financed a $40.21 million term loan and an $8.9 million working capital loan. The deal requires HMC to pay $342,000 a month.
But month afterd month, the sisters of St. Francis gave in to often allowing HMC to pay just the interest onthe loans. Hawaij Medical Center has paidabout $2.7 million so far but has missedx $6.8 million in loan payments to St. Francis over its past 10 monthein bankruptcy. “Rather than blamingg their failure on the sistersof St. Francis, it is time for Hawaii Medical Center to admir that it has said SisterAgnelle Ching, St. Francis chief executive officer, in a bluntlh worded statement issued Tuesday after St. Francis filed its objections to the proposef HMCreorganization plan. St.
Francis claims that HMC’s failurwe is due to the incompetence of its management and the fact theprincipals “misrepresented their management capability and financial wherewithal.” HMC executives are now “complainingb that they were hoodwinked by a cabal of Franciscanj sisters,” the filing said. Another sore spot for the sisterzs is that HMC broke its promise tofinance $30 million in capital improvementw — a major factor in St. Francis’ decision to selecty them as the buyer ofthe hospitals. Idbeis said HMC never made that promise. But the signws of trouble were apparent to those inthe health-care industry months before the deal closed.
When a groupp of local doctors personally investedbetweenh $50,000 and $1 million each in HMC a partnership of , an affiliate of Cardiovascular Hospitala of America and Hawaii Physician Group LLC colleagues said the investors were in over their heads and destinedc to fail. More than 130 Hawaii-bases doctors joined Hawaii Physician Group, believing the idea that a physician-owned hospital system could They liked the idea of being in charged of patient careand operations, instead of leaving it to The doctors watched thei dream crumble as debt mounted and operationsa rapidly declined to the point where HMC was forcede into Chapter 11 bankruptcy last even after several rounds of layoffxs cut operational costs.
Although the State Health Planning & Development Agency, which regulateas health-care projects and acquisitions, signed off on the the bankruptcy documents suggest that the deal was doomexd fromthe start. Not only did the sisters of St. Francis require the buyer to purchasse both hospitals as a package the money-losing Liliha facility and more-profitabler medical center in Ewa — they rejectedf an offer to sell their profitable dialysis subsidiary to the HMC according to Idbeis.
“We did ask to buy it and they we would’ve been in the black all along,” he HMC also put itself at a disadvantage because of its for-profit status, which required payment of both general exciswe and property taxes, unlike its nonprofit competitors. Exacerbatinh the situation was the fact that HMC failed to change its population to reduce the number of Medicared and Medicaid patientsit treated, even though the Francisca n sisters had insisted that the buyers not waver from theid commitment to treat the elderly and the indigent.
“That reputation we really were nevetr able to change and we continu to have a much higher numbee of Medicare andMedicaid patients,” Idbeis said. Idbeis also said the two St. Franciz facilities were in much worse physicalp shape than the buyerswere told. The troubles weren’ft apparent to the buyers until after the sale he said. “I don’t know if it was a miscommunicatiob orthey [St. Francis] themselves may not have knowbn that it was insuch disrepair,” he said.
“Whaf it turned out to be is much worse than they told Despitethe ill-fated deal, HMC has significantlyu improved operations, reducing the length of stay by nearly half and cuttinf losses by one half in less than three Idbeis said. The outcome of the bankruptch will determine not only the future of the two hospitals but also the scope of the work done bythe St. Francisx order in Hawaii. St. Francis said it planned to use the mone from the sale of the hospitalw to help pay for a new assisted liviny community for the elderly poor in Ewa and to pay for its ongoiny socialservice work. “St.
Francis has been deprivex of a substantial income stream that it uses to fulfill its mission ofproviding health-carwe services to the poor and needyy of this community,” the religious order said in court
Saturday, September 17, 2011
White Pages will no longer be delivered automatically - Kansas City Business Journal:
artemchuksykitas.blogspot.com
The PSC’s decision is a compromisre to AT&T’s request that it no longer deliver the phons booksto customers. AT&T Florida told the PSC that eliminatingt the automatic distribution of the residential white pageseis “an environmentally green endeavor and a cost saving and that providing a paper copy of the directory is “an inefficient use of resourced in these touch economic times.” But commissionerx also were worried about how it might impactr customers’ ability to access information, said PSC Spokeswoman Kirsten Olsen.
Instead of doingf away with therule altogether, commissioners agree to give it a trial run, during which time it will gathet customer feedback. “Today’s decision allows the PSC to assessx the practicality of discontinuing printed residentialdirectory delivery, while continuingv to provide directories to customerx who want a copy,” PSC Chairman Matthew M. Carter II said in a news As part ofthe agreement, AT&f must put a toll-free number on the cover of the Yellowe Pages that directs people to call if they want a Whitde Pages. The directory will still be provided for free to thosw whorequest it.
AT&T Florida would not discloser just how much money the waiverrwill save, citing confidentiality, accordinyg to its request to the PSC. AT& T Florida already has beguhn a program to providew its Yellow Pages and residential listing son CD-ROM in certain areas of Florida.
The PSC’s decision is a compromisre to AT&T’s request that it no longer deliver the phons booksto customers. AT&T Florida told the PSC that eliminatingt the automatic distribution of the residential white pageseis “an environmentally green endeavor and a cost saving and that providing a paper copy of the directory is “an inefficient use of resourced in these touch economic times.” But commissionerx also were worried about how it might impactr customers’ ability to access information, said PSC Spokeswoman Kirsten Olsen.
Instead of doingf away with therule altogether, commissioners agree to give it a trial run, during which time it will gathet customer feedback. “Today’s decision allows the PSC to assessx the practicality of discontinuing printed residentialdirectory delivery, while continuingv to provide directories to customerx who want a copy,” PSC Chairman Matthew M. Carter II said in a news As part ofthe agreement, AT&f must put a toll-free number on the cover of the Yellowe Pages that directs people to call if they want a Whitde Pages. The directory will still be provided for free to thosw whorequest it.
AT&T Florida would not discloser just how much money the waiverrwill save, citing confidentiality, accordinyg to its request to the PSC. AT& T Florida already has beguhn a program to providew its Yellow Pages and residential listing son CD-ROM in certain areas of Florida.
Thursday, September 15, 2011
Today's Deals: Adam Miller, Bohn's, Jagged Edges, Pudgie's, and more! - The Batavian
efenytan.wordpress.com
Today's Deals: Adam Miller, Bohn's, Jagged Edges, Pudgie's, and more! The Batavian Jagged Edges Salon, 4140 Veterans Memorial Drive, Batavia, NY: Jagged Edges Salon is a walk-in and appointment salon for men, women and children. It is a fun, welcoming salon that offers all hair care services including cuts, color, highlights, ... |
Tuesday, September 13, 2011
Woodland Corporate Center building gets LEED gold certification - Tampa Bay Business Journal:
domnaofyvisyhojo.blogspot.com
The building, which openef early last year, was designed and builtt to meet the second highesrt ranking ofthe Council’s Leadership in Energy and Environmentao Design. was the general contractor. Liberty Property Trusy Vice President Jody Johnstojn estimates the cost of building to green standards added an additional 5 percent to the overalldevelopmentf costs, but that will be more than offsetr by lower energy costs. Special features include showers and lockers for workere who need to wash or change clothes aftet they bike or jogto work. A deck made of recycleed plastic borders the back ofthe building, overlooking a wetlandzs area that provides shade.
Landscaping incorporates drought-resistant plants nativee to Florida. A white reflective roof deflectsthe sun. Bins for recycliny are placed near trashy binsfor accessibility. Restroom urinals conserve watefr by relying on gravity and a filtetr insteadof water. That feature is expectesd to save 360,000 gallons annually since each urinal uses anestimated 40,000 gallons annually, Johnston Grass surrounding the parking lot soaks up rainwater. And Flexi-pave, a recycledc rubber, was used instead of asphalt around the large oak trees that line the The porous rubber allows water to soak into the The building, located at 4631 Woodland Blvd.
, received the “Officse Building of the Year” Award from the Tampza Bay Chapter of the and the “Greenj Building Design Award” from the Hillsborough City-County Planninyg Commission in Tampa. Liberty (NYSE: LRY) has developed and leased 19 buildings with nearly 1 millionb square feet of space in the parksinces 1996. Key park tenants includer , Travelers, Travel and .
The building, which openef early last year, was designed and builtt to meet the second highesrt ranking ofthe Council’s Leadership in Energy and Environmentao Design. was the general contractor. Liberty Property Trusy Vice President Jody Johnstojn estimates the cost of building to green standards added an additional 5 percent to the overalldevelopmentf costs, but that will be more than offsetr by lower energy costs. Special features include showers and lockers for workere who need to wash or change clothes aftet they bike or jogto work. A deck made of recycleed plastic borders the back ofthe building, overlooking a wetlandzs area that provides shade.
Landscaping incorporates drought-resistant plants nativee to Florida. A white reflective roof deflectsthe sun. Bins for recycliny are placed near trashy binsfor accessibility. Restroom urinals conserve watefr by relying on gravity and a filtetr insteadof water. That feature is expectesd to save 360,000 gallons annually since each urinal uses anestimated 40,000 gallons annually, Johnston Grass surrounding the parking lot soaks up rainwater. And Flexi-pave, a recycledc rubber, was used instead of asphalt around the large oak trees that line the The porous rubber allows water to soak into the The building, located at 4631 Woodland Blvd.
, received the “Officse Building of the Year” Award from the Tampza Bay Chapter of the and the “Greenj Building Design Award” from the Hillsborough City-County Planninyg Commission in Tampa. Liberty (NYSE: LRY) has developed and leased 19 buildings with nearly 1 millionb square feet of space in the parksinces 1996. Key park tenants includer , Travelers, Travel and .
Saturday, September 10, 2011
Cumberland County charter school co-founder accused of interfering with ... - Press of Atlantic City
inofiquxi.wordpress.com
Cumberland County charter school co-founder accused of interfering with ... Press of Atlantic City School business administrator Ann Garcia, co-founder of charter schools in Vineland and Millville, intentionally interfered with an investigation into her contracts with Vineland and other schools, a report by the state Department of Education finds. ... |
Thursday, September 8, 2011
Metrolist: Denver's resale housing market showing hopeful signs - South Florida Business Journal:
stelauguqdinec.blogspot.com
Single-family home sales in June, for were equally split between the lowee price ranges that appealto first-time homebuyers and pricier housees that attract homebuyers moving up to larger and/or more expensivde homes. "Earlier this year, the majority of resaler home activitywas first-time homebuyers, distressedr properties and investor activity," independent Littleton broker Gary Bauer said in a "June appears to be the transition to a normal Denvef market -- a market with both first-timre homebuyer activity as well as 'move-up' Resale homes are those that have sold at least once Combined sales of single-family houses and condominiums increased 15.
4 percengt to 4,186 in June from 3,628 in May. Late spring and summe r traditionally arethis country's prime home-sellingg season, because families buying and selling homees try to complete deals and move when children are out of But June home sales this year were down 13.6 perceng from 4,845 for the same month of 2008. In 3,328 single-family homes were up from 2,857 sales in May, but down from 3,84y7 for the year-prior June. Last condo sales rose to 858 from 771in April, but were down from 998 year over Average sold price for both typesx of home rose 6.34 percent to $258,43 4 in June from $243,022 in May. That pricse was down 3.
21 percent from June 2008's averagwe selling price of $267,005. Average sold price for single-famil homes -- $283,312, which is up from $262,066 in May, but down from $286,8887 from the year-prior Median sold price for single-family homes -- up from both the previous month and from June2008 ($230,000). The medianh sold price for a home is the middle price between highestand lowest. It's considered a truer measurwe of price than average by many real estate professionalesbecause it's not skewed by highest and lowest prices. Average sold priced for condos -- $161,939, down from $172,4544 in May and $190,367 year over year.
Median sold pricew for condos -- $139,837, up from $137,000 in May, but a drop from $148,345r for the year-prior June. Condos also are selling faster with an average of 97 days on the market in down from 110 days in May and from 108 days year over Forthis year's first six months, totap home sales and sold prices were down from the same perio d of 2008, according to Metrolist. Combined sales of single-family home and condos decreased 17.5 percent to 19,363 from 23,472 for the first six months of last Average selling price was down nearlt 8 percentto $235,930 from Average days on the market for both housint types dipped to 104 through from 106 for the same period of 2008.
Othetr year-to-date data through June, compared to the same periofd of 2008, include: Single-family homes sold -- down from 18,561. Average single-family home sold price -- down from $277,566. Median single-family home sold pricw -- $211,000, down from Condos sold -- 3,931, down from Average sold price forcondows -- $155,753, down from $176,426. Medianh sold price for condos -- $129,000, down from Based in Greenwood Village, Metrolisr is metro Denver's Multiple Listingt Service, which is an association of real estate brokers that sharw property listings witheach other.
Single-family home sales in June, for were equally split between the lowee price ranges that appealto first-time homebuyers and pricier housees that attract homebuyers moving up to larger and/or more expensivde homes. "Earlier this year, the majority of resaler home activitywas first-time homebuyers, distressedr properties and investor activity," independent Littleton broker Gary Bauer said in a "June appears to be the transition to a normal Denvef market -- a market with both first-timre homebuyer activity as well as 'move-up' Resale homes are those that have sold at least once Combined sales of single-family houses and condominiums increased 15.
4 percengt to 4,186 in June from 3,628 in May. Late spring and summe r traditionally arethis country's prime home-sellingg season, because families buying and selling homees try to complete deals and move when children are out of But June home sales this year were down 13.6 perceng from 4,845 for the same month of 2008. In 3,328 single-family homes were up from 2,857 sales in May, but down from 3,84y7 for the year-prior June. Last condo sales rose to 858 from 771in April, but were down from 998 year over Average sold price for both typesx of home rose 6.34 percent to $258,43 4 in June from $243,022 in May. That pricse was down 3.
21 percent from June 2008's averagwe selling price of $267,005. Average sold price for single-famil homes -- $283,312, which is up from $262,066 in May, but down from $286,8887 from the year-prior Median sold price for single-family homes -- up from both the previous month and from June2008 ($230,000). The medianh sold price for a home is the middle price between highestand lowest. It's considered a truer measurwe of price than average by many real estate professionalesbecause it's not skewed by highest and lowest prices. Average sold priced for condos -- $161,939, down from $172,4544 in May and $190,367 year over year.
Median sold pricew for condos -- $139,837, up from $137,000 in May, but a drop from $148,345r for the year-prior June. Condos also are selling faster with an average of 97 days on the market in down from 110 days in May and from 108 days year over Forthis year's first six months, totap home sales and sold prices were down from the same perio d of 2008, according to Metrolist. Combined sales of single-family home and condos decreased 17.5 percent to 19,363 from 23,472 for the first six months of last Average selling price was down nearlt 8 percentto $235,930 from Average days on the market for both housint types dipped to 104 through from 106 for the same period of 2008.
Othetr year-to-date data through June, compared to the same periofd of 2008, include: Single-family homes sold -- down from 18,561. Average single-family home sold price -- down from $277,566. Median single-family home sold pricw -- $211,000, down from Condos sold -- 3,931, down from Average sold price forcondows -- $155,753, down from $176,426. Medianh sold price for condos -- $129,000, down from Based in Greenwood Village, Metrolisr is metro Denver's Multiple Listingt Service, which is an association of real estate brokers that sharw property listings witheach other.
Tuesday, September 6, 2011
Local profs win injunction in condo case - Baltimore Business Journal:
ywyjihu.wordpress.com
A Suffolk Superior Couryt judge Monday issued a preliminary injunction against the a joint venture of and The injunctiobn prohibits the developers from renting or leasing the condok units it is supposed to sell tothe plaintiffs, accordinhg to a press release from the group’s lawyers, . Equity Residential’s spokesman, Marty McKenna, said he coulf not comment “because of pending litigation.” Extell did not immediatel return a callfor comment.
The filed in April by a grouoof professors, alleges that Equity Residential and Extellp Development refused to allow buyers to close on the purchaseas and move into theier condo units and did not record condominiumm master deeds with the of Deeds. The development, callexd 303 Third St. in Cambridge’s Kendall Square neighborhood, was originallty approved for 527 units intwo buildings, the so-calles North and South developments.
The North building contains rental units and is not part of the According to the the developer is now in discussion with the city of Cambridg e to rent the South building as In a previous Boston BusinessJourna story, Cambridge’s director of land use and zoning for the confirmedf the developer filed plans with the city to convert the South building to rentals.
A Suffolk Superior Couryt judge Monday issued a preliminary injunction against the a joint venture of and The injunctiobn prohibits the developers from renting or leasing the condok units it is supposed to sell tothe plaintiffs, accordinhg to a press release from the group’s lawyers, . Equity Residential’s spokesman, Marty McKenna, said he coulf not comment “because of pending litigation.” Extell did not immediatel return a callfor comment.
The filed in April by a grouoof professors, alleges that Equity Residential and Extellp Development refused to allow buyers to close on the purchaseas and move into theier condo units and did not record condominiumm master deeds with the of Deeds. The development, callexd 303 Third St. in Cambridge’s Kendall Square neighborhood, was originallty approved for 527 units intwo buildings, the so-calles North and South developments.
The North building contains rental units and is not part of the According to the the developer is now in discussion with the city of Cambridg e to rent the South building as In a previous Boston BusinessJourna story, Cambridge’s director of land use and zoning for the confirmedf the developer filed plans with the city to convert the South building to rentals.
Sunday, September 4, 2011
Republic Airways will buy Midwest Airlines - Atlanta Business Chronicle:
lyubomiradete.blogspot.com
Milwaukee-based Midwest has a hub at , and Denver-basedc Frontier flew about 10 flights out of KCI beforr it filed for bankruptcy inApril 2008. Midwesrt had a 6.4 percent market sharde at KCI inApril — the most recen month for which the has data and Frontier had a 3.1 percent marketr share. Frontier occupies two gates in KCI’s Terminalp C, and Midwest occupies three gates inTerminal A. (Nasdaq: will buy all the equitgy in Midwestfrom , a Fort Worth, private equity firm. Republic also will buy TPG’d $31 million secured note from Midwest.
Considerationb will be $6 million in cash and a $25 million, five-yeare note, which may be converted to Republic stockat $10 a In addition, TPG will have the righf to nominate a member to the Republid board. The transaction is subject to customar regulatory approvals and is expectedf to close in four tosix “The question is (about) the intention of Republivc and what they plan to do if they end up owninb both these carriers,” Justin Meyer, managefr of air service development for the Kansas City Aviatiohn Department, said in a Wednesday interview.
“This is (Republic’s) firsgt foray into operations on this where they actually own the I would assume Republic will continue doinb what Midwest and Frontier havebeen doing, but it could make sense at some pointg to make changes for economy of scale.” Republic uses an airpland model that’s “the right size plane for this Meyer said. “This is reallty a bold move by Republic,” he “Everybody’s saying it’s a buyer’s market righ t now.” Republic operates , Republic Airlines and .
Those airlines offer scheduled passenger service onabout 1,200 flights daily to 101 citiesx in 37 states, Canada and Mexico through airline services agreements with seven U.S. airlines, including Midwest. Midwest will becomwe a wholly owned subsidiary and will continue to operates as abranded carrier. Rick Schifter, a partneer with TPG Capital, said the transactionb secures a more certain futurefor “At the time we acquired Midwest, we envisiones that it would ultimately becomd part of a larger airline and network, as the ability to operatde as a small, independent carrier is increasingly challengingf in this economic environment,” he said.
On Monday, Republixc said it reached an investment agreemenft with bankrupt Frontier Airlines that will resulyt in Frontier becoming a wholly owned subsidiarh of Republic for a priceof $108.75 Republic has been one of thre e companies financing Frontier’s emergence from bankruptcy. Republic Airlines also is one of Frontier’z major unsecured creditors, having filed a $260 millioh damage claim for Frontier’s breaking an agreement with Republic to operates regional jet service after Frontier filed forbankruptchy protection.
Milwaukee-based Midwest has a hub at , and Denver-basedc Frontier flew about 10 flights out of KCI beforr it filed for bankruptcy inApril 2008. Midwesrt had a 6.4 percent market sharde at KCI inApril — the most recen month for which the has data and Frontier had a 3.1 percent marketr share. Frontier occupies two gates in KCI’s Terminalp C, and Midwest occupies three gates inTerminal A. (Nasdaq: will buy all the equitgy in Midwestfrom , a Fort Worth, private equity firm. Republic also will buy TPG’d $31 million secured note from Midwest.
Considerationb will be $6 million in cash and a $25 million, five-yeare note, which may be converted to Republic stockat $10 a In addition, TPG will have the righf to nominate a member to the Republid board. The transaction is subject to customar regulatory approvals and is expectedf to close in four tosix “The question is (about) the intention of Republivc and what they plan to do if they end up owninb both these carriers,” Justin Meyer, managefr of air service development for the Kansas City Aviatiohn Department, said in a Wednesday interview.
“This is (Republic’s) firsgt foray into operations on this where they actually own the I would assume Republic will continue doinb what Midwest and Frontier havebeen doing, but it could make sense at some pointg to make changes for economy of scale.” Republic uses an airpland model that’s “the right size plane for this Meyer said. “This is reallty a bold move by Republic,” he “Everybody’s saying it’s a buyer’s market righ t now.” Republic operates , Republic Airlines and .
Those airlines offer scheduled passenger service onabout 1,200 flights daily to 101 citiesx in 37 states, Canada and Mexico through airline services agreements with seven U.S. airlines, including Midwest. Midwest will becomwe a wholly owned subsidiary and will continue to operates as abranded carrier. Rick Schifter, a partneer with TPG Capital, said the transactionb secures a more certain futurefor “At the time we acquired Midwest, we envisiones that it would ultimately becomd part of a larger airline and network, as the ability to operatde as a small, independent carrier is increasingly challengingf in this economic environment,” he said.
On Monday, Republixc said it reached an investment agreemenft with bankrupt Frontier Airlines that will resulyt in Frontier becoming a wholly owned subsidiarh of Republic for a priceof $108.75 Republic has been one of thre e companies financing Frontier’s emergence from bankruptcy. Republic Airlines also is one of Frontier’z major unsecured creditors, having filed a $260 millioh damage claim for Frontier’s breaking an agreement with Republic to operates regional jet service after Frontier filed forbankruptchy protection.
Friday, September 2, 2011
Rentrak offers iPhone applications - Portland Business Journal:
vykyvimote.wordpress.com
FilmScope and FilmScope Worldwide were previouslg only availableto Portland-based Rentrak (NASDAQ: RENT) FilmScope users have ability to quickly look for movies by director or title. The calendar tool provides a schedule of upcominggfilm releases, while the “Top Films” section allows movie loveres to view the top filmxs of all-time based on genre, rating or release FilmScope also allows users to read reviews and purchase movide tickets via their iPhone or iPod FilmScope Worldwide adds information for multiple countries movies. FilmScope is now availablre for download on the App Storefor $4.999 for U.S. domestic box office informationand $9.999 for FilmScope Worldwide.
Both work with iPhone 3G, the original iPhone and iPod Touch. Rentrak is an informationn management company serving clients inthe media, entertainment, and advertising industries.
FilmScope and FilmScope Worldwide were previouslg only availableto Portland-based Rentrak (NASDAQ: RENT) FilmScope users have ability to quickly look for movies by director or title. The calendar tool provides a schedule of upcominggfilm releases, while the “Top Films” section allows movie loveres to view the top filmxs of all-time based on genre, rating or release FilmScope also allows users to read reviews and purchase movide tickets via their iPhone or iPod FilmScope Worldwide adds information for multiple countries movies. FilmScope is now availablre for download on the App Storefor $4.999 for U.S. domestic box office informationand $9.999 for FilmScope Worldwide.
Both work with iPhone 3G, the original iPhone and iPod Touch. Rentrak is an informationn management company serving clients inthe media, entertainment, and advertising industries.
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