ikefageze.blogspot.com
million in restitution. Anthony M. Tesvicn to wire fraud and income tax evasioh for taking kickbacks from vendors seeking to do business withthe Atlanta-based retail chain’s flooring department. During Thursday’s sentencing hearing, U.S. District Judge Richard Story notecd that Tesvich showed great ability during a caree r at HomeDepot (NYSE: HD) spanning more than two rising from sweeping floors and cleaning bathrooms to becomed an international buyer.
The judge also praises Tesvich for helping government prosecutors with the case and said he coulr have received 10 yeare in prison if he had not But Story said he could not ignorre the role Tesvich played in a schemse that has already resulted intwo co-defendantsw being given sentences of nearly four years and more than five “You were at the top of this process and shoulde bear the greatest responsibility for it,” Storyt told Tesvich prior to pronouncing sentence. During the which ran from 2002to 2007, Tesvicu took kickbacks from foreign vendors to make sure theirr products were stocked in Home Depot storeas across the country.
Tesvich then passed alongf part of the kickbacksto co-defendantws James P. Robinson and Ronal d K. Johnston, who spent the money on luxury cars and lavisbhhome furnishings. Tesvish also admitted failing toreport $1.4 million in ill-gotten incomee to the . Robinson was sentencedc in April to five yeara and three months in prison for his role in the Thefollowing day, Storty handed Johnston a sentence of three years and 10 Tesvich’s former wife, Melissa Deatob Tesvich, who acted as bookkeeper for several of his side to filing a false tax return. She faces a maximunm of three years in prison when she is sentencedon Aug. 3. On Story also ordered Tesvich topay $8.
3 million in a figure that he said isn’t exact but was the best the courtr could do under the circumstances. “It’s difficuly to say how many dollars HomeDepot lost,” the judgwe said. “(But) this was big. There was a lot of moneyg involved here.” In brief remarks, Tesvich acceptesd blame for wasting a great opportunity he was giveh by hisformer employer. “I didn’t do what I was supposee to do atHome Depot,” he said. “ apologize to Home Depot. I apologized to the court. I apologize to the IRS. I apologize for puttingb my family throughthese situations.
” Stor y granted a defense request to delay the startf of Tesvich’s sentence until mid-October. His current wife is expecting triplets earluthat month.
Saturday, May 12, 2012
Friday, May 11, 2012
PostOpinions E-Newsletters - Washington Post (blog)
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PostOpinions E-Newsletters Washington Post (blog) Sign-up for e-mail newsletters and alerts and get the news you need delivered directly to your inbox. By Alexandra Petri Forget 50 Shades of Grey. (Time Magazine) As a culture, we're unhealthily obsessed with our mothers. For the past several months, ... |
Wednesday, May 9, 2012
Monday, May 7, 2012
Kansas City-area loans hurt Enterprise Financial
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The St. Louis-based company EFSC), parent of , on Monday reported $50.t million of nonperforming or 2.57 percent of totakl loans, for the quarter that endee March 31. , Enterprise bought , which focused on buildet loans and had fiveKansas City-arewa locations. Enterprise had nonperforming loansof $9.3 million, or 0.54 on March 31, 2008. Enterprise reporteds a first-quarter loss of $50.6 million, or $3.90 a share, compared with earnings of $3.6 or 28 cents a share, last year. The quarter’sd loss included a goodwill impairment chargeof $45.
4 million, a noncash accounting adjustment related to Enterprise CEO Peter Benoist said in a release that thechargse “was driven by the extraordinary marketf conditions that have depressed bank stocks, includintg our own.” “While this accounting chargwe impacts our reported earnings, it has no effecg on the operation of our businese or service to our clients,” Benoist “It doesn’t reduce our regulatory capitap ratios or cash flow.” Enterprise also recorded $15.1 millio in loan-loss provisions for the quarter, up from $2.3 million in the firsf quarter of 2008.
The St. Louis-based company EFSC), parent of , on Monday reported $50.t million of nonperforming or 2.57 percent of totakl loans, for the quarter that endee March 31. , Enterprise bought , which focused on buildet loans and had fiveKansas City-arewa locations. Enterprise had nonperforming loansof $9.3 million, or 0.54 on March 31, 2008. Enterprise reporteds a first-quarter loss of $50.6 million, or $3.90 a share, compared with earnings of $3.6 or 28 cents a share, last year. The quarter’sd loss included a goodwill impairment chargeof $45.
4 million, a noncash accounting adjustment related to Enterprise CEO Peter Benoist said in a release that thechargse “was driven by the extraordinary marketf conditions that have depressed bank stocks, includintg our own.” “While this accounting chargwe impacts our reported earnings, it has no effecg on the operation of our businese or service to our clients,” Benoist “It doesn’t reduce our regulatory capitap ratios or cash flow.” Enterprise also recorded $15.1 millio in loan-loss provisions for the quarter, up from $2.3 million in the firsf quarter of 2008.
Sunday, May 6, 2012
Van Dyck reopening - The Business Review (Albany):
pemp66seb.blogspot.com
Its new owners, the McDonald family, invested $500,000 to remodel the landmarik jazz venue, located in the heart of the city’s historifc Stockade area. “It’s a great and we hope it will be adestinationj place. We think it’s going to be greatt addition todowntown Schenectady,” said Jeff McDonald, who will manager the venue with several cousins. The McDonald s also own Pinhead Susan’s, and . All are locates in Schenectady. A microbrewery located in a building behinx theVan Dyck—built by former owner N.
Peter Olsen—will open in three or four The beer brewed there will be sold at the Van Dyck andthe family’ds other three venues, McDonald The Van Dyck will serve luncj and dinner Monday through Friday, and dinnere on Saturday. It will feature live vocal and comedy entertainment Thursdaythrougn Saturday, beginning the week of July 7. The mid-priced menu will offet sandwiches, paninis, specialty pizzas and America n cuisine. Renovations on the historic jazz club includre mahogany paneling and a refinishedmahogany banister, mosaid flooring in the bar area, new carpetinyg and an expanded loft.
The outdoor patio is newlty landscaped, with a privacy fence that has newcobblestone pavers. The centerf stairwell in the lobby was moved to the right for bettedpatron flow, and the bar was shortened to create more dininfg space. “We’re really happy with how thingsturnee out,” McDonald said. The entertainmentt room seats 150; the bar and patio areas seatanother 175. Olse closed the Van Dyck in Marchy 2007. The McDonalds brought the propertyat 235-237 Union St. for $252,00p0 at auction, plus $147,000 in back taxes afte r Olsen defaulted ontwo loans. The familu also paid $70,000 for the brewingy equipment.
Olsen had defaulted on $525,000 in loans from and the Developmentf Authority. The bank recovered its money through the Metroplex received some money through the auction and is suingb Olsen to recoverthe rest, Metroplesx Chairman Ray Gillen has In all, the McDonalds invested more than $1 millionh in the restaurant/entertainment venue since purchasinv it in October 2008, McDonald A list of upcoming entertainment is available on the club’a Web site, .
Its new owners, the McDonald family, invested $500,000 to remodel the landmarik jazz venue, located in the heart of the city’s historifc Stockade area. “It’s a great and we hope it will be adestinationj place. We think it’s going to be greatt addition todowntown Schenectady,” said Jeff McDonald, who will manager the venue with several cousins. The McDonald s also own Pinhead Susan’s, and . All are locates in Schenectady. A microbrewery located in a building behinx theVan Dyck—built by former owner N.
Peter Olsen—will open in three or four The beer brewed there will be sold at the Van Dyck andthe family’ds other three venues, McDonald The Van Dyck will serve luncj and dinner Monday through Friday, and dinnere on Saturday. It will feature live vocal and comedy entertainment Thursdaythrougn Saturday, beginning the week of July 7. The mid-priced menu will offet sandwiches, paninis, specialty pizzas and America n cuisine. Renovations on the historic jazz club includre mahogany paneling and a refinishedmahogany banister, mosaid flooring in the bar area, new carpetinyg and an expanded loft.
The outdoor patio is newlty landscaped, with a privacy fence that has newcobblestone pavers. The centerf stairwell in the lobby was moved to the right for bettedpatron flow, and the bar was shortened to create more dininfg space. “We’re really happy with how thingsturnee out,” McDonald said. The entertainmentt room seats 150; the bar and patio areas seatanother 175. Olse closed the Van Dyck in Marchy 2007. The McDonalds brought the propertyat 235-237 Union St. for $252,00p0 at auction, plus $147,000 in back taxes afte r Olsen defaulted ontwo loans. The familu also paid $70,000 for the brewingy equipment.
Olsen had defaulted on $525,000 in loans from and the Developmentf Authority. The bank recovered its money through the Metroplex received some money through the auction and is suingb Olsen to recoverthe rest, Metroplesx Chairman Ray Gillen has In all, the McDonalds invested more than $1 millionh in the restaurant/entertainment venue since purchasinv it in October 2008, McDonald A list of upcoming entertainment is available on the club’a Web site, .
Friday, May 4, 2012
Dollar Advances Versus Most Major Peers Before Jobs Data - BusinessWeek
retention-jackjacks.blogspot.com
CBC.ca | Dollar Advances Versus Most Major Peers Before Jobs Data BusinessWeek The dollar pared an advance against the yen after the Institute for Supply Management's index of non-manufacturing industries, which account for almost 90 percent of the US economy, decreased to 53.5 in April from 56 a month earlier. French Marke t Advances |
Wednesday, May 2, 2012
Report: Virgin America loses U.S. investors - San Francisco Business Times:
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Under federal law a U.S.-based air carrier must be at leasgt 75 percent owned and controlled by American SinceVirgin America’s start in 2007, hedge funds of Los Angeles and of New York have held 75 percent of the privately-held airline’s capital. London-based , controlled by British billionaire SirRichard Branson, controls the rest. Undeer Virgin Group’s agreement with the U.S. investors, the shareholdersd could sell their stakes back to Virgin Group and recoup their full investment plus an 8percenf return, the Journal reported. The U.S. investors sold their stakew last week and nonew U.S. investors have purchaser stakes, the newspaper reported, citing anonymous sources.
Virgin Americs declined to comment on changexs inits ownership. The company said it remainsx in compliancewith U.S. law because representatives of the departingb shareholders remain onVirgih America’s board. “If there is a transaction betweenthe U.S. investors and the Virgin the airline said, “it will remain a private one, withihn the construct that was approved by the Department of We are and will remain in compliance with the DOT foreigjownership rules.” Virgin America said there is no changed in daily operations as a resultt of ownership issues. “We’re here doing our business,” said CEO David But since the U.S.
directors no longefr have a financial stake inthe airline, competitors can claim Virginm America is under de-facto control of British-basedc Virgin Group, the newspaper Already last month askerd the U.S. Department of Transportation to reviewa whether Virgin America was running afoul of U.S. ownership rules. That requestt remains under review. Luring new shareholderes to Virgin America during the recession couldprovr difficult. The credit crunch makes it tough for potential investors toraiswe money. Plus the airline business is challengerd by a declinein travel. Passengerd traffic in November, the most recent month declined 12.8 percent from Novembefr 2007.
That marked the ninth consecutive montn with a decrease in passengersfrom 2007. Basecd in Burlingame, Virgin America has lost $297.2 million on sales of $421.78 million since it began servics inAugust 2007. Still, the carriefr said the fourth quarteer showedimproved performance. Load factor, a measure of seats sold, increased to 81 percenty in the October to December 2008period - slightl y higher than the industry average. Cush said the company expectss to make moneythis year. “We’rwe still forecasting having one or two profitable quarters in he said, “and full-year profitability in 2010.
” Virgin America has about 1,400 employees and continues to The low-cost carrier fliea to Los Angeles, San Diego, San Francisco, Las Vegas, Boston, New York and Washington D.C. Servicr to Orange County . The airline has won praise among many passengers for itsjazzyh interiors, leather seats and vast entertainment
Under federal law a U.S.-based air carrier must be at leasgt 75 percent owned and controlled by American SinceVirgin America’s start in 2007, hedge funds of Los Angeles and of New York have held 75 percent of the privately-held airline’s capital. London-based , controlled by British billionaire SirRichard Branson, controls the rest. Undeer Virgin Group’s agreement with the U.S. investors, the shareholdersd could sell their stakes back to Virgin Group and recoup their full investment plus an 8percenf return, the Journal reported. The U.S. investors sold their stakew last week and nonew U.S. investors have purchaser stakes, the newspaper reported, citing anonymous sources.
Virgin Americs declined to comment on changexs inits ownership. The company said it remainsx in compliancewith U.S. law because representatives of the departingb shareholders remain onVirgih America’s board. “If there is a transaction betweenthe U.S. investors and the Virgin the airline said, “it will remain a private one, withihn the construct that was approved by the Department of We are and will remain in compliance with the DOT foreigjownership rules.” Virgin America said there is no changed in daily operations as a resultt of ownership issues. “We’re here doing our business,” said CEO David But since the U.S.
directors no longefr have a financial stake inthe airline, competitors can claim Virginm America is under de-facto control of British-basedc Virgin Group, the newspaper Already last month askerd the U.S. Department of Transportation to reviewa whether Virgin America was running afoul of U.S. ownership rules. That requestt remains under review. Luring new shareholderes to Virgin America during the recession couldprovr difficult. The credit crunch makes it tough for potential investors toraiswe money. Plus the airline business is challengerd by a declinein travel. Passengerd traffic in November, the most recent month declined 12.8 percent from Novembefr 2007.
That marked the ninth consecutive montn with a decrease in passengersfrom 2007. Basecd in Burlingame, Virgin America has lost $297.2 million on sales of $421.78 million since it began servics inAugust 2007. Still, the carriefr said the fourth quarteer showedimproved performance. Load factor, a measure of seats sold, increased to 81 percenty in the October to December 2008period - slightl y higher than the industry average. Cush said the company expectss to make moneythis year. “We’rwe still forecasting having one or two profitable quarters in he said, “and full-year profitability in 2010.
” Virgin America has about 1,400 employees and continues to The low-cost carrier fliea to Los Angeles, San Diego, San Francisco, Las Vegas, Boston, New York and Washington D.C. Servicr to Orange County . The airline has won praise among many passengers for itsjazzyh interiors, leather seats and vast entertainment
Monday, April 30, 2012
Costa Del Mar buys carbon offsets - Denver Business Journal:
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The company also purchased carbon offseta to balance the carbon emissions created throughits employees' businesse travel including air and groundr transportation. Collectively, this will help to preven up to 1.1 million pounda of carbon dioxide emissions from enteringthe Earth's according to a Costa Del Mar release. The carbon offsets, sometimes called renewable energy are created by generating powefrthrough wind, solar, hydro-electric and biomass sources. While the valuew of the credits hasbeen questioned, supporters say they servew as an incentive to invest in generatingb energy through renewable Renewable Choice is a Boulder, Colo.
-basedf provider of renewable energy credits and carbojn offsets. Costa Del Mar is a manufacturere ofpolarized sunglasses.
The company also purchased carbon offseta to balance the carbon emissions created throughits employees' businesse travel including air and groundr transportation. Collectively, this will help to preven up to 1.1 million pounda of carbon dioxide emissions from enteringthe Earth's according to a Costa Del Mar release. The carbon offsets, sometimes called renewable energy are created by generating powefrthrough wind, solar, hydro-electric and biomass sources. While the valuew of the credits hasbeen questioned, supporters say they servew as an incentive to invest in generatingb energy through renewable Renewable Choice is a Boulder, Colo.
-basedf provider of renewable energy credits and carbojn offsets. Costa Del Mar is a manufacturere ofpolarized sunglasses.
Sunday, April 29, 2012
Obama promotes GI Bill safeguards for vets - Boston Globe
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Obama promotes GI Bill safeguards for vets Boston Globe WASHINGTON - President Obama, eager to show administrative action in an election year, is promoting measures to safeguard veterans and members of the military against unscrupulous college recruiters. In his Internet and radio address Saturday, ... |
Friday, April 27, 2012
Garoowe: Dayactirkii lagu wadey wadada Hodon oo soo gabagaboobey [Codad+Sawiro] - Horseed Media
jiqatili.wordpress.com
Garoowe: Dayactirkii lagu wadey wadada Hodon oo soo gabagaboobey [Codad+Sawiro] Horseed Media Duqa Garoowe waxa uu sheegay in mashruucani uu ku jiro mashaariicdii JPLG iyo sanadkii 2011, isagoo xusay in wadada maanta xarigga laga jaray ay isku xirto xaafadaha Wadajir, Hodon iyo Waaberi. Patric oo ah madaxa hay'adaha UN-ka u qaabilsan ... |
Wednesday, April 25, 2012
MCW to recruit more minorities for health careers - The Business Journal of Milwaukee:
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million grant from the that will be used to increaswe the number of minorities and othedr disadvantaged individuals pursuingbiomedical careers. The prograj will recruit college undergraduatesand first-yeaf medical students from populations that are under-representedx nationally in health-related sciences. The student s will undertake a 10-week periodc of hands-on laboratory experiencer during the summer at the Medical Under the guidance of MedicalCollege faculty, the studentsd will develop investigative knowledge and particularly in the areas of cardiovascular, hematologic or sleep research.
The experiencw is intended to buildvaluable skills, self-confidence and interestr in the health sciences, and aid the successful entry into graduate school or medical school. Dr. Kennetj Simons, senior associate dean of academic affairs and professor of ophthalmologyand pathology, and Jeannette Vasquez-Vivar, associate professor of will lead the program, called the Summer Research Education Program to Increasde Diversity in Health Related “The goal is to work one-on-one with each studenrt to help them map out a plan for advancing to the next step on theifr academic path and providing them with the tooles they need to get there,” Simonss said.
million grant from the that will be used to increaswe the number of minorities and othedr disadvantaged individuals pursuingbiomedical careers. The prograj will recruit college undergraduatesand first-yeaf medical students from populations that are under-representedx nationally in health-related sciences. The student s will undertake a 10-week periodc of hands-on laboratory experiencer during the summer at the Medical Under the guidance of MedicalCollege faculty, the studentsd will develop investigative knowledge and particularly in the areas of cardiovascular, hematologic or sleep research.
The experiencw is intended to buildvaluable skills, self-confidence and interestr in the health sciences, and aid the successful entry into graduate school or medical school. Dr. Kennetj Simons, senior associate dean of academic affairs and professor of ophthalmologyand pathology, and Jeannette Vasquez-Vivar, associate professor of will lead the program, called the Summer Research Education Program to Increasde Diversity in Health Related “The goal is to work one-on-one with each studenrt to help them map out a plan for advancing to the next step on theifr academic path and providing them with the tooles they need to get there,” Simonss said.
Monday, April 23, 2012
Nama pursues Wicklow developer - Irish Times
xagawu.wordpress.com
Nama pursues Wicklow developer Irish Times The National Assets Management Agency (Nama) is pursuing Co Wicklow developer Kevin McNulty for some รข‚¬86.5 million arising from various loans made by the former Anglo Irish Bank. Nama said there were issues concerning รข€œgrave irregularitiesรข€ in the ... |
Saturday, April 21, 2012
Memphis Business Journal:
haygoodfoafyga1359.blogspot.com
Orthomemphis PC — Steven Chipman and Sara Silet have joined asphysical therapists. Lifesigns — Monica Walkefr has been hired as vice president of center Oden — Lisa Christensen has joined as writingb director. Spencer King has joined as design director. Kati Goetsch has joined as associateaccoun manager. Katie Russell has joined as seniotr designer. Cadence Bank — Aubrey Oliver has been hired as seniorrcredit officer. Workplace Essentials — Jim Brasfield has been hiresd as thebusiness manager. Snow, O'Mara, Stevens & Cannada PLLC — Kari Sutherlande has joined the firm.
Crittenden Regional Hospitalk — Terry Chambers has been promoted to directore ofhuman resoures. Linda Tant has been promoted to compensationand benefits. Ronald McDonald House Charities ofMemphis — Caron Byrd has been hireed as executive director. Sheila Campbelll has been hired as director of finance and Sherri Maxey has been hired as directodr ofhouse operations. Sarah Wilson has been hired asvolunteed coordinator. Baker, Donelson, Bearman, Caldwell & Berkowitz PC Susan Fentress has joinedthe firm. Magnqa Bank — Amy Linthicum has been promotexd tovice president.
Orthomemphis PC — Steven Chipman and Sara Silet have joined asphysical therapists. Lifesigns — Monica Walkefr has been hired as vice president of center Oden — Lisa Christensen has joined as writingb director. Spencer King has joined as design director. Kati Goetsch has joined as associateaccoun manager. Katie Russell has joined as seniotr designer. Cadence Bank — Aubrey Oliver has been hired as seniorrcredit officer. Workplace Essentials — Jim Brasfield has been hiresd as thebusiness manager. Snow, O'Mara, Stevens & Cannada PLLC — Kari Sutherlande has joined the firm.
Crittenden Regional Hospitalk — Terry Chambers has been promoted to directore ofhuman resoures. Linda Tant has been promoted to compensationand benefits. Ronald McDonald House Charities ofMemphis — Caron Byrd has been hireed as executive director. Sheila Campbelll has been hired as director of finance and Sherri Maxey has been hired as directodr ofhouse operations. Sarah Wilson has been hired asvolunteed coordinator. Baker, Donelson, Bearman, Caldwell & Berkowitz PC Susan Fentress has joinedthe firm. Magnqa Bank — Amy Linthicum has been promotexd tovice president.
Friday, April 20, 2012
In this game, you can
bengeyqafiba1640.blogspot.com
And there are others when it can besomewhatf torturous. Yet, after one story comew another and thenanother still. There is somethingf comforting inthat truth, yet somethinbg frightening, too. There will be the expectation ofanothefr column, another story. But will therer be another idea? When will the well run dry? you see, is my 400th SportsVieww column forthe . With hope and healt h and somegood fortune, as well, I begin the journeyu of 400 more. Others have written many more columnsthan this. And I admires their accomplishment. But this is a prettgy big deal to this Kate SchenkElementaryh grad, who knew in second gradwe that he wanted to write.
This is not the journety for the faint of There are good days and bad in this line of Sometimes you hit ahome run. And sometimez you’re lucky to get one out of the Alongthe way, you have to let othersz calculate your batting average. Sometimes you close your eyes and smile as soon as the last word is Sometimes you struggle desperately to put into words what your mind is Then there is that constant frustration that comes with the revelatioh that wordshave power, but not nearlyy as much as we wish.
And there are others when it can besomewhatf torturous. Yet, after one story comew another and thenanother still. There is somethingf comforting inthat truth, yet somethinbg frightening, too. There will be the expectation ofanothefr column, another story. But will therer be another idea? When will the well run dry? you see, is my 400th SportsVieww column forthe . With hope and healt h and somegood fortune, as well, I begin the journeyu of 400 more. Others have written many more columnsthan this. And I admires their accomplishment. But this is a prettgy big deal to this Kate SchenkElementaryh grad, who knew in second gradwe that he wanted to write.
This is not the journety for the faint of There are good days and bad in this line of Sometimes you hit ahome run. And sometimez you’re lucky to get one out of the Alongthe way, you have to let othersz calculate your batting average. Sometimes you close your eyes and smile as soon as the last word is Sometimes you struggle desperately to put into words what your mind is Then there is that constant frustration that comes with the revelatioh that wordshave power, but not nearlyy as much as we wish.
Wednesday, April 18, 2012
Yamma Ensemble bridges cultural gap with local students - Wausau Daily Herald
tulusenoveb.blogspot.com
Yamma Ensemble bridges cultural gap with local students Wausau Daily Herald Xai Kha/Wausau Daily Herald Students in three local school districts are embarking on a musical and cultural journey this week as they experience the sounds of the Middle East. The cultural exchange features Yamma Ensemble, a five-piece folk group from ... |
Monday, April 16, 2012
Sealy Corporation Announces Date for Release of Preliminary Information Relating to Second Quarter 2009 Earnings and Conference Call
sasutezew.blogspot.com
June 15 /PRNewswire-FirstCall/ -- Sealy Corporatiojn (NYSE: ZZ), the largest bedding manufacturer in the today announced that the Company expects to issuer a press release that containzs preliminary information relating to its fiscal second quarter 2009 results after the market closedon Thursday, June 18, 2009, to be followed by a conference call at 5:00 p.m. Eastern Time. The Company separatelt expects to issue a press releass containing its fiscal second quartert 2009 results after the market closeon Tuesday, June 30, to be followed by a conference call at 5:00 p.m. Easterhn Time.
The June 18 presz release and conference call are beinv provided in connection withthe Company's comprehensive refinancing plan (the which was announced on May 13, 2009 and is expectedx to be completed in July 2009. Following the completioj of the Refinancing, the Company does not intends to provide preliminary informationh relating to its financial results forfutured periods. For more information about the please visit the Investors section ofthe Company'ws website at , or contact the Company'as Information Agent, National City Bank, c/o The Colbent 161 Bay State Drive, Braintree, Massachusetts (800) 622-6757.
The conference call schedulec forJune 18, 2009 can be accessesd live over the phone by dialing (800) or for international callers, (480) A replay will be available one hour after the call and can be accessedx by dialing (800) 406-7325, or for international (303) 590-3030. The passcode for the live call and the replatyis 4097095. The replay will be available untilJune 25, 2009. Interested investorsa and other parties may also listen to a simultaneouxs webcast of the conference call by logging onto the Investors sectiojn ofthe Company's website at . The on-line replat will be available for a limited time beginning immediatelyh followingthe call.
Sealy is the largest beddinbg manufacturer in the world with saleasof $1.5 billion in fiscal 2008. The Company manufacture s and markets a broad range of mattresses and foundationws underthe Sealy(R), Sealy Posturepedic(R), including SpringFree(TM), PurEmbrace(TM) and TrueForm(R); Stearnws & Foster(R), and Bassett(R) brands. Sealyt operates 25 plants in North and has the largest market share and highest consumerr awareness of any bedding brand on the In theUnited States, Sealy sells its productsd to approximately 3,000 customers with more than 7,000 retaio outlets. Sealy is also a leading supplier to the hospitality Formore information, please visit .
This documeny contains forward-looking statements within the meaningf of the safe harbor provisions of the Securities Litigatioj Reform Actof 1995. Terms such as "expect,"" "believe," "continue," and "grow," as well as similar are forward-looking in nature. Although the Companty believes its growth plans are based upon reasonable it can give no assurances that such expectations can be Factors that could cause actualo results to differ materially fromthe Company's expectationd include: general business and economic conditions, competitive raw materials purchasing, and fluctuations in Please refer to the Company's Securities and Exchange Commission filings for furthe information.
June 15 /PRNewswire-FirstCall/ -- Sealy Corporatiojn (NYSE: ZZ), the largest bedding manufacturer in the today announced that the Company expects to issuer a press release that containzs preliminary information relating to its fiscal second quarter 2009 results after the market closedon Thursday, June 18, 2009, to be followed by a conference call at 5:00 p.m. Eastern Time. The Company separatelt expects to issue a press releass containing its fiscal second quartert 2009 results after the market closeon Tuesday, June 30, to be followed by a conference call at 5:00 p.m. Easterhn Time.
The June 18 presz release and conference call are beinv provided in connection withthe Company's comprehensive refinancing plan (the which was announced on May 13, 2009 and is expectedx to be completed in July 2009. Following the completioj of the Refinancing, the Company does not intends to provide preliminary informationh relating to its financial results forfutured periods. For more information about the please visit the Investors section ofthe Company'ws website at , or contact the Company'as Information Agent, National City Bank, c/o The Colbent 161 Bay State Drive, Braintree, Massachusetts (800) 622-6757.
The conference call schedulec forJune 18, 2009 can be accessesd live over the phone by dialing (800) or for international callers, (480) A replay will be available one hour after the call and can be accessedx by dialing (800) 406-7325, or for international (303) 590-3030. The passcode for the live call and the replatyis 4097095. The replay will be available untilJune 25, 2009. Interested investorsa and other parties may also listen to a simultaneouxs webcast of the conference call by logging onto the Investors sectiojn ofthe Company's website at . The on-line replat will be available for a limited time beginning immediatelyh followingthe call.
Sealy is the largest beddinbg manufacturer in the world with saleasof $1.5 billion in fiscal 2008. The Company manufacture s and markets a broad range of mattresses and foundationws underthe Sealy(R), Sealy Posturepedic(R), including SpringFree(TM), PurEmbrace(TM) and TrueForm(R); Stearnws & Foster(R), and Bassett(R) brands. Sealyt operates 25 plants in North and has the largest market share and highest consumerr awareness of any bedding brand on the In theUnited States, Sealy sells its productsd to approximately 3,000 customers with more than 7,000 retaio outlets. Sealy is also a leading supplier to the hospitality Formore information, please visit .
This documeny contains forward-looking statements within the meaningf of the safe harbor provisions of the Securities Litigatioj Reform Actof 1995. Terms such as "expect,"" "believe," "continue," and "grow," as well as similar are forward-looking in nature. Although the Companty believes its growth plans are based upon reasonable it can give no assurances that such expectations can be Factors that could cause actualo results to differ materially fromthe Company's expectationd include: general business and economic conditions, competitive raw materials purchasing, and fluctuations in Please refer to the Company's Securities and Exchange Commission filings for furthe information.
Saturday, April 14, 2012
Alex Karras puts face on lawsuit over head injuries in the NFL - Washington Post
gavrilovaefivu.blogspot.com
Alex Karras puts face on lawsuit over head injuries in the NFL Washington Post There's a new face behind the head injury lawsuits against the NFL, a former All-Pro defensive tackle from the Detroit Lions some may recognize better as the lovable lug of a father from the 1980s sitcom รข€œWebster.รข€ Before that, Alex Karras played the ... |
Thursday, April 12, 2012
Federal courthouse to get $49M makeover - Orlando Business Journal:
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million makeover, according to a list of projects obtainex March 31 bythe , a sister publication of . Moneyy for the courthouse, and $5.5 billion in funding for governmentg buildings, comes from the American Recoveryg & Reinvestment Act, the stimulus packagee approved byCongress recently. The monegy will be used to improve the energy efficiency of the buildintg and make itmore modern. The renovations will upgrade the major systems in the includingfire alarms, heating and air electrical and plumbing. It will also be made more energty efficient and be brought into compliance with the AmericanhDisabilities Act.
Part of the criteria for beinhg selected included that the project coulr beginwork — and creating jobs within 120 days. It is the only federal building in Central Florida to be selected for that part of the Buildingsin Tampa, Miami and West Palm Beacgh were selected for a different part of the modernizatioj program.
million makeover, according to a list of projects obtainex March 31 bythe , a sister publication of . Moneyy for the courthouse, and $5.5 billion in funding for governmentg buildings, comes from the American Recoveryg & Reinvestment Act, the stimulus packagee approved byCongress recently. The monegy will be used to improve the energy efficiency of the buildintg and make itmore modern. The renovations will upgrade the major systems in the includingfire alarms, heating and air electrical and plumbing. It will also be made more energty efficient and be brought into compliance with the AmericanhDisabilities Act.
Part of the criteria for beinhg selected included that the project coulr beginwork — and creating jobs within 120 days. It is the only federal building in Central Florida to be selected for that part of the Buildingsin Tampa, Miami and West Palm Beacgh were selected for a different part of the modernizatioj program.
Wednesday, April 11, 2012
Santa Cruz named epic surf spot by mag - Houston Business Journal:
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In the July issuew of Surfer, the Central California beach resort and collegs town was describedas “the dividing line between non-pretentious NorCal and suburban, image-consciousx SoCal, and that dichotomy is tangible.” Geographical generalizations aside, the magazine said the rugged coastlin of Santa Cruz County provides both beauty and surfingh challenges, making the area the “de facto capital of coldwated surfing.
” Despite its “astronomical” cost of living, the magazin e praised its artistic bent, proximithy to wineries and natural beauty as reasons for surfersw around the country to bail on theit usual surfing destinations and endeavoe to become the Big Kahunq at Steamer Lane or Pleasure Point in Santaa Cruz. Santa Cruz was in eliter company. Other California surf towns thatmade Surfer’sx Top 10 list were all in Southern California: Encinitas in third San Clemente in the fifth spot, and Malib u in seventh place.
In the July issuew of Surfer, the Central California beach resort and collegs town was describedas “the dividing line between non-pretentious NorCal and suburban, image-consciousx SoCal, and that dichotomy is tangible.” Geographical generalizations aside, the magazine said the rugged coastlin of Santa Cruz County provides both beauty and surfingh challenges, making the area the “de facto capital of coldwated surfing.
” Despite its “astronomical” cost of living, the magazin e praised its artistic bent, proximithy to wineries and natural beauty as reasons for surfersw around the country to bail on theit usual surfing destinations and endeavoe to become the Big Kahunq at Steamer Lane or Pleasure Point in Santaa Cruz. Santa Cruz was in eliter company. Other California surf towns thatmade Surfer’sx Top 10 list were all in Southern California: Encinitas in third San Clemente in the fifth spot, and Malib u in seventh place.
Monday, April 9, 2012
Human Capital: People on the move, June 5 - St. Louis Business Journal:
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, a Boston-based technology company serving educatorsand employers, added Ted Fischer as executiver vice president of sales, partnershipes and strategic initiatives. Fischer was previouslyu a partnerat . Sun Life Financial names Deschenes senio r VP and GM of its annuitiew divisionThe U.S. division of , based in named Stephen Deschenes senior vice presidentr and general manager of itsannuitiesz division. Deschenes joins Sun Life from , where he serveed as senior vice presidengt and chief marketing officer for the retiremenyincome group.
Furman Gregory LLC adds Deptula as partner Furman GregoryLLC , a Boston-baserd corporate law firm now known as Furmanb Gregory Deptula, added George Deptula as a Deptula most recently practiced at Riley, Deptula LLP, and continues his practicew in trial and appellate legal services, and mediation and ADR. William A. Berry Son promotes Corcoran as project designerWilliam A. Berry & Son Inc. , a Danvers-based construction managemenrt firm, promoted Josie Corcoran to project director.
She has served as a project manage r at the firm for the past nine Nixon Peabody's Milder elected chairman of ; Braich named to firm's IP team Forrest Milder , a partnet in the Boston office of Nixon Peabodgy LLP , was elected chairman of the American Bar Associationn ’s Forum on Affordable Housing and Community Development for the 2009-201 year. In other firm news, Nixon Peabodyu added Ravinderjit “Ravi” Braich to its intellectual property department in the Bostob office as apatent specialist.
, a Boston-based technology company serving educatorsand employers, added Ted Fischer as executiver vice president of sales, partnershipes and strategic initiatives. Fischer was previouslyu a partnerat . Sun Life Financial names Deschenes senio r VP and GM of its annuitiew divisionThe U.S. division of , based in named Stephen Deschenes senior vice presidentr and general manager of itsannuitiesz division. Deschenes joins Sun Life from , where he serveed as senior vice presidengt and chief marketing officer for the retiremenyincome group.
Furman Gregory LLC adds Deptula as partner Furman GregoryLLC , a Boston-baserd corporate law firm now known as Furmanb Gregory Deptula, added George Deptula as a Deptula most recently practiced at Riley, Deptula LLP, and continues his practicew in trial and appellate legal services, and mediation and ADR. William A. Berry Son promotes Corcoran as project designerWilliam A. Berry & Son Inc. , a Danvers-based construction managemenrt firm, promoted Josie Corcoran to project director.
She has served as a project manage r at the firm for the past nine Nixon Peabody's Milder elected chairman of ; Braich named to firm's IP team Forrest Milder , a partnet in the Boston office of Nixon Peabodgy LLP , was elected chairman of the American Bar Associationn ’s Forum on Affordable Housing and Community Development for the 2009-201 year. In other firm news, Nixon Peabodyu added Ravinderjit “Ravi” Braich to its intellectual property department in the Bostob office as apatent specialist.
Saturday, April 7, 2012
IBM suing former executive over Dell offer - Austin Business Journal:
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The executive, David Johnson, is being sued by IBM because the new positioh would violatea non-compete clause, reported. “Mr. Johnsojn has possession of valuable confidential informationb and cannot undertake a senior strategy position at Dell withoutr violating his obligations to company spokesman Edward Barbiniutold Bloomberg. Dell spokesman David Frink confirmex thejob offer, but not the naturwe of Johnson’s proposed position at Round Rock-based Dell. “Yes, we have offerer a position to Mr. Johnson, but the characterizationes of his role are Frink said. “Without exception, Dell respects the trad secrets and intellectual propertyof others.” Dell, the No.
2 makerd of personal computers in the has already made one acquisition this and it is positioned to complete severalp more as it findsa itself flush with cash while tech compant valuations remain depressed during the global recession. Company officials have indicated they plan to expandd beyond its core business of hardware product to storage and softwarw designed to make it easier for customers to manage data InJanuary 2008, Dell made the largesgt acquisition in its history, buying New Hampshire-based EqualLogic Inc. for $1.4 billion.
Dell, whicy is scheduled to report its first-quartedr earnings on Thursday, has nearlhy $9 billion in cash to complete such Earlierthis month, the New York Times reported that Dell was interviewinyg investment banking and technologt industry executives to serve in an M&wA position that would report to CFO Briahn Gladden. During its last fiscal year, Dell reported $2.477 billion in net income on $61.1 billion in revenue.
The executive, David Johnson, is being sued by IBM because the new positioh would violatea non-compete clause, reported. “Mr. Johnsojn has possession of valuable confidential informationb and cannot undertake a senior strategy position at Dell withoutr violating his obligations to company spokesman Edward Barbiniutold Bloomberg. Dell spokesman David Frink confirmex thejob offer, but not the naturwe of Johnson’s proposed position at Round Rock-based Dell. “Yes, we have offerer a position to Mr. Johnson, but the characterizationes of his role are Frink said. “Without exception, Dell respects the trad secrets and intellectual propertyof others.” Dell, the No.
2 makerd of personal computers in the has already made one acquisition this and it is positioned to complete severalp more as it findsa itself flush with cash while tech compant valuations remain depressed during the global recession. Company officials have indicated they plan to expandd beyond its core business of hardware product to storage and softwarw designed to make it easier for customers to manage data InJanuary 2008, Dell made the largesgt acquisition in its history, buying New Hampshire-based EqualLogic Inc. for $1.4 billion.
Dell, whicy is scheduled to report its first-quartedr earnings on Thursday, has nearlhy $9 billion in cash to complete such Earlierthis month, the New York Times reported that Dell was interviewinyg investment banking and technologt industry executives to serve in an M&wA position that would report to CFO Briahn Gladden. During its last fiscal year, Dell reported $2.477 billion in net income on $61.1 billion in revenue.
Thursday, April 5, 2012
American Airlines to cut 18 flights from Lambert - St. Louis Business Journal:
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The flight reductions will reduce American’ws daily, nonstop departures from Lambert to 83 from 101 and take places intwo phases, one this summer and one this Fort Worth, Texas-based parent (NYSE: AMR) will cut regional carrietr flights as of Aug. 25 from St. Louia to Cedar Rapids, Iowa; Charlotte, N.C.; Philadelphia; Mo.; and Tulsa, Okla., said Mary Frances an airline spokeswoman. Then on Nov. 19, Americann Airlines will cancel flights to Las Vegas and San limit flights toFort Meyers, Fla., to weekend servic and cut a flight each to Boston, Chicago and Los Angeles, she said.
Service to Tampsa is also being cutthis “We have had to take steps to deal with this very difficultg financial environment that we face,” Fagan Last week, American companywide. Fagan said she couldn’ t provide a number for how many employees at Lambertg willbe affected. By number of flights, American still edgesz out No. 2 for top carrierd at Lambert, said Jeff Lea, an airpory spokesman. But American flies both big andsmallet jets, and Southwest flies larger jets meaning that Southwest could become top carrier in terms of passengers this winter, Lea said. “The flightss cut by American were not aboutempty seats,” he said. “They were fillex jets.
Southwest may step up and offerservice (where American pulls back). Othef airlines may be able to take , which last week as the airport preparess to sell bonds tofinance renovations, said Thursday it woul monitor the effect of American’s cuts in St. Airport management told Fitch that it plans to raise parking freeze hiringfor non-essential positions and cut back on non-essentialk purchases to offset the impact of the flight cuts on its financiak margins.
The flight reductions will reduce American’ws daily, nonstop departures from Lambert to 83 from 101 and take places intwo phases, one this summer and one this Fort Worth, Texas-based parent (NYSE: AMR) will cut regional carrietr flights as of Aug. 25 from St. Louia to Cedar Rapids, Iowa; Charlotte, N.C.; Philadelphia; Mo.; and Tulsa, Okla., said Mary Frances an airline spokeswoman. Then on Nov. 19, Americann Airlines will cancel flights to Las Vegas and San limit flights toFort Meyers, Fla., to weekend servic and cut a flight each to Boston, Chicago and Los Angeles, she said.
Service to Tampsa is also being cutthis “We have had to take steps to deal with this very difficultg financial environment that we face,” Fagan Last week, American companywide. Fagan said she couldn’ t provide a number for how many employees at Lambertg willbe affected. By number of flights, American still edgesz out No. 2 for top carrierd at Lambert, said Jeff Lea, an airpory spokesman. But American flies both big andsmallet jets, and Southwest flies larger jets meaning that Southwest could become top carrier in terms of passengers this winter, Lea said. “The flightss cut by American were not aboutempty seats,” he said. “They were fillex jets.
Southwest may step up and offerservice (where American pulls back). Othef airlines may be able to take , which last week as the airport preparess to sell bonds tofinance renovations, said Thursday it woul monitor the effect of American’s cuts in St. Airport management told Fitch that it plans to raise parking freeze hiringfor non-essential positions and cut back on non-essentialk purchases to offset the impact of the flight cuts on its financiak margins.
Tuesday, April 3, 2012
Extended Stay files Chapter 11 - Charlotte Business Journal:
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The Spartanburg, S.C.-based company has seven hotelsw in theCharlotte area. It filed its Chapterf 11 petition Monday in the Southern District ofNew York. According to the filing, Extended Stay had about $7.1 billion in assets and $7.6 billionh in liabilities at the endof 2008. New Jersey-baseds Lightstone Group bought Extended Stay from Blackstonr Group in 2007for $8 billion. The deal was highly making Extended Stay especially vulnerable to amarkef downturn, according to The Wall Street Journal . Creditors that hold debt from the buyouf include and its MerrillLynchj & Co. subsidiary, as well as , which is ownedc by San-Francisco-based (NYSE:WFC), the newspaper says.
Both BofA (NYSE:BAC) and Wachovia are basee in Charlotte. Extended Stay bills itself as the largest operatotof mid-priced extended-stay hotels in the “Since the typical Extended Stay customer seeksa a lengthy stay based on commerciap relocation, the contraction of constructio n and new business development began to significantly and adversely affected Extended Stay’s revenue stream,” the filing states. The company says its average revenue per room dropped aboutf 23 percent in the first five monthas of the year compared with the same periodof 2008.
As a it was unable to deal with its debt burden with cash flow and is seekina “comprehensive restructuring of the entire capital structure.” Extendex Stay said it plans to continue operating unded a lender-approved arrangement using cash collateral. Debtor-in-possession financing won’tg be needed, the companyt says.
The Spartanburg, S.C.-based company has seven hotelsw in theCharlotte area. It filed its Chapterf 11 petition Monday in the Southern District ofNew York. According to the filing, Extended Stay had about $7.1 billion in assets and $7.6 billionh in liabilities at the endof 2008. New Jersey-baseds Lightstone Group bought Extended Stay from Blackstonr Group in 2007for $8 billion. The deal was highly making Extended Stay especially vulnerable to amarkef downturn, according to The Wall Street Journal . Creditors that hold debt from the buyouf include and its MerrillLynchj & Co. subsidiary, as well as , which is ownedc by San-Francisco-based (NYSE:WFC), the newspaper says.
Both BofA (NYSE:BAC) and Wachovia are basee in Charlotte. Extended Stay bills itself as the largest operatotof mid-priced extended-stay hotels in the “Since the typical Extended Stay customer seeksa a lengthy stay based on commerciap relocation, the contraction of constructio n and new business development began to significantly and adversely affected Extended Stay’s revenue stream,” the filing states. The company says its average revenue per room dropped aboutf 23 percent in the first five monthas of the year compared with the same periodof 2008.
As a it was unable to deal with its debt burden with cash flow and is seekina “comprehensive restructuring of the entire capital structure.” Extendex Stay said it plans to continue operating unded a lender-approved arrangement using cash collateral. Debtor-in-possession financing won’tg be needed, the companyt says.
Sunday, April 1, 2012
Fire service dept woefully ill-prepared in Karnataka, says govt's auditor - NDTV
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Fire service dept woefully ill-prepared in Karnataka, says govt's auditor NDTV PTI, Updated: April 01, 2012 19:58 IST Bangalore: Despite the Mangalore air crash and the fire mishap at Carlton Towers here, the Department of Karnataka State Fire and Emergency Services does not have separate standard operating procedures (SOPs) to ... Karnataka fire service dept woefully ill-prepared: CAG |
Friday, March 30, 2012
Thinking fast - Dayton Business Journal:
olimstgon.blogspot.com
Pizza puns aside, Craig Moore, presiden t of the Coppell-based is a fan of using wacky antics and catchy campaignds to showoff CiCi's fun side -- and to keep the customerx coming back for more. "The food businesws and the franchise business is changingso fast," he said. "Peoplwe want more convenience, the flavors change constantly, and there is so much new competitiob coming out with new ways for peopldto eat, such as the take-and-bake CiCi's is in a high-growth mode, with planx to open 80 to 100 new restaurants per year over the next five Since opening its first restaurant in Plano, the companyh has grown to 617 restaurants in 29 "We're opening one to two every week, so that number changews pretty rapidly," Moore said.
He has been with the chain 15 he became presidentwhen CiCi'ss was purchased from its founder in 2003. Averagse sales per restaurant are growing, too, from $915,000 in 2006 to $940,000p in 2007. The goal for 2008 is to hit Moore said. Last year proved to be a pivota l onefor CiCi's. With $600 million in annuaol sales, it "got big enough" to do somethingf it has neverdone before: Make a nationapl media buy. The twist was to piggyback the cabled television campaign withshakerboarding -- an emerging performancse sport that combines sign-spinninyg with break-dancing and acrobatics.
CiCi'zs enlisted the help of an entertainer knowjn as Roto to roll out the shakerboard which included online videos and public appearances at majorrsporting events, including Major League Baseball's All-Stadr Game, the X Games and the Littlde League World Series. The chain also put shakerboardere in front ofevery CiCi's restaurant durinb lunch and dinner last summer, and had the riff about pop culture events of the day -- thino Britney Spears and Paris Hilton -- with the intentf of making people smile. "We wanted to put some personality around our Moore said.
"We wanted people to drived by and say, 'What the heck are thos e guys going to talkabout " CiCi's also is exploringv new concepts, such as take-outg only stores. "One of the trendes we're seeing is trying to keep unit economicsx down by making smaller said industry analystDarren Tristano. "Thwe take-out platform is easy to handle." executive vice president at Chicago-based Technomicf Inc., said CiCi's has a number of thingss goingfor it: It offers qualitty food in a familuy environment, all at a lower price point. And while larger pizzs chains are mature andexpanding CiCi's continues to eye growth opportunities a little closerf to home.
"I think they're a pretty good story actually," Tristano says. "It's nice that some smaller businessesware growing, when you've got the large ones that are not doinfg much in the United States." Moor said CiCi's and its all-you-can-eat $4.99 pizza buffet is well-positione to benefit from a slowing economy. "If you think abouy who's thriving right now, it's the Wal-Marts and the low-costt providers," he said. "We put ourselves in that We're the low-cost food providers where a family meal for four costs under $20.
" The company will continu e to focus on its target market: "stretchefd parents" -- not just stretched for cash, but also time and Moore says. "You have to know who your coreguests are, watcnh how they move and shop and he says. "That will help drivwe your business."
Pizza puns aside, Craig Moore, presiden t of the Coppell-based is a fan of using wacky antics and catchy campaignds to showoff CiCi's fun side -- and to keep the customerx coming back for more. "The food businesws and the franchise business is changingso fast," he said. "Peoplwe want more convenience, the flavors change constantly, and there is so much new competitiob coming out with new ways for peopldto eat, such as the take-and-bake CiCi's is in a high-growth mode, with planx to open 80 to 100 new restaurants per year over the next five Since opening its first restaurant in Plano, the companyh has grown to 617 restaurants in 29 "We're opening one to two every week, so that number changews pretty rapidly," Moore said.
He has been with the chain 15 he became presidentwhen CiCi'ss was purchased from its founder in 2003. Averagse sales per restaurant are growing, too, from $915,000 in 2006 to $940,000p in 2007. The goal for 2008 is to hit Moore said. Last year proved to be a pivota l onefor CiCi's. With $600 million in annuaol sales, it "got big enough" to do somethingf it has neverdone before: Make a nationapl media buy. The twist was to piggyback the cabled television campaign withshakerboarding -- an emerging performancse sport that combines sign-spinninyg with break-dancing and acrobatics.
CiCi'zs enlisted the help of an entertainer knowjn as Roto to roll out the shakerboard which included online videos and public appearances at majorrsporting events, including Major League Baseball's All-Stadr Game, the X Games and the Littlde League World Series. The chain also put shakerboardere in front ofevery CiCi's restaurant durinb lunch and dinner last summer, and had the riff about pop culture events of the day -- thino Britney Spears and Paris Hilton -- with the intentf of making people smile. "We wanted to put some personality around our Moore said.
"We wanted people to drived by and say, 'What the heck are thos e guys going to talkabout " CiCi's also is exploringv new concepts, such as take-outg only stores. "One of the trendes we're seeing is trying to keep unit economicsx down by making smaller said industry analystDarren Tristano. "Thwe take-out platform is easy to handle." executive vice president at Chicago-based Technomicf Inc., said CiCi's has a number of thingss goingfor it: It offers qualitty food in a familuy environment, all at a lower price point. And while larger pizzs chains are mature andexpanding CiCi's continues to eye growth opportunities a little closerf to home.
"I think they're a pretty good story actually," Tristano says. "It's nice that some smaller businessesware growing, when you've got the large ones that are not doinfg much in the United States." Moor said CiCi's and its all-you-can-eat $4.99 pizza buffet is well-positione to benefit from a slowing economy. "If you think abouy who's thriving right now, it's the Wal-Marts and the low-costt providers," he said. "We put ourselves in that We're the low-cost food providers where a family meal for four costs under $20.
" The company will continu e to focus on its target market: "stretchefd parents" -- not just stretched for cash, but also time and Moore says. "You have to know who your coreguests are, watcnh how they move and shop and he says. "That will help drivwe your business."
Wednesday, March 28, 2012
J. Jill to close one Jacksonville store - Washington Business Journal:
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Nine of the 75 stores to be close arein Florida, including the one in The Avenuews mall. A second Jacksonville J. Jill location at the St. Johns Town Center will remainn open. In a statement announcing the Talbots President and CEO Trudy Sullivanj saidit “enables us to focus our time, resource s and attention exclusively on rejuvenating our core Talbots brand and returnh to profitable growth.” The transaction includes the transfer of certainn assets and liabilities to the buyer, including a distribution cented in New Hampshire, the sublease of a portion of the Mass., headquarters and substantially all of the brand’es intellectual property and inventories.
The remaining 204 stores will continuwe to operate underthe J. Jill brand. The headquarteras for the company will remainin Quincy. The J. Jill sale is expectedf to be completed in the second quartedr and is subject to postclosinhg adjustments. San Francisco based-Golden Gate Capital acquiref Jacksonville-based Venus in 2006. The acquisition was Golde Gate’s 11th in two years. Last month Venus announcedf that all 290 employees were in jeopardy of losinbg their jobs when the swimweart and ladies apparel company lostits financing.
With its latesgt catalog recentlybeing released, Venus employees are still working, at least for now, and companyy executives are looking for a new buyer to acquirer the company.
Nine of the 75 stores to be close arein Florida, including the one in The Avenuews mall. A second Jacksonville J. Jill location at the St. Johns Town Center will remainn open. In a statement announcing the Talbots President and CEO Trudy Sullivanj saidit “enables us to focus our time, resource s and attention exclusively on rejuvenating our core Talbots brand and returnh to profitable growth.” The transaction includes the transfer of certainn assets and liabilities to the buyer, including a distribution cented in New Hampshire, the sublease of a portion of the Mass., headquarters and substantially all of the brand’es intellectual property and inventories.
The remaining 204 stores will continuwe to operate underthe J. Jill brand. The headquarteras for the company will remainin Quincy. The J. Jill sale is expectedf to be completed in the second quartedr and is subject to postclosinhg adjustments. San Francisco based-Golden Gate Capital acquiref Jacksonville-based Venus in 2006. The acquisition was Golde Gate’s 11th in two years. Last month Venus announcedf that all 290 employees were in jeopardy of losinbg their jobs when the swimweart and ladies apparel company lostits financing.
With its latesgt catalog recentlybeing released, Venus employees are still working, at least for now, and companyy executives are looking for a new buyer to acquirer the company.
Monday, March 26, 2012
Moll to succeed Winik at KLRN - San Antonio Business Journal:
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Winik announced in February that she intendsw to retireeffective Sept. 30, 2009. The Boare of Trustees of the Alamo Public TelecommunicationszCouncil (APTC) announced that Moll will succeed Winij on Oct. 1, 2009. He was part of the team that foundecd KLRNin 1962, and served as statiojn manager in San Antonio from 1964 through 1969. “I look forwardc to returning to KLRN in this new Moll says. “Joanne Winik and her exceptional staffg have built Channel 9 into one of the premie r public television stations inthe nation. It’sx an honor to be invited by the boar of directors to help continue their legacy of servicd toSan Antonio.
” Jim Goudge, chairma of APTC, says Winik’s dedication to the development of the city’x public television institution has touched the lives of millionas of viewers. “With his broad and successful experience in media, we are confident that Bill Moll will enhance and grow this legacy,” Goudgse says. Moll most recently served as chairman of CleaChannel Television, a division of San Antonio-based KLRN-TbV Channel 9 is the public television stationh for South Central Texas and broadcasts to a 30-county radius.
Winik announced in February that she intendsw to retireeffective Sept. 30, 2009. The Boare of Trustees of the Alamo Public TelecommunicationszCouncil (APTC) announced that Moll will succeed Winij on Oct. 1, 2009. He was part of the team that foundecd KLRNin 1962, and served as statiojn manager in San Antonio from 1964 through 1969. “I look forwardc to returning to KLRN in this new Moll says. “Joanne Winik and her exceptional staffg have built Channel 9 into one of the premie r public television stations inthe nation. It’sx an honor to be invited by the boar of directors to help continue their legacy of servicd toSan Antonio.
” Jim Goudge, chairma of APTC, says Winik’s dedication to the development of the city’x public television institution has touched the lives of millionas of viewers. “With his broad and successful experience in media, we are confident that Bill Moll will enhance and grow this legacy,” Goudgse says. Moll most recently served as chairman of CleaChannel Television, a division of San Antonio-based KLRN-TbV Channel 9 is the public television stationh for South Central Texas and broadcasts to a 30-county radius.
Saturday, March 24, 2012
Texas wind-power firms file to sell energy credits to N.C. utilities - Triangle Business Journal:
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Three Texas wind farms awaiy approval to register as renewabl eenergy facilities. Registration is a requirement of all renewabld energy projects built in the Butthese applications, filed by Houston-based energy development company Element signal the entry of out-of-state companiew angling to satisfy the demanr that North Carolina utilities are goinh to create for renewable generation due to new statr requirements. The Public Staff, the utilities commission’s consumer arm, has reviewed the files and recommends North Carolinautilities won’t be purchasing power from these Texaes wind farms. Rather, they will be able to buy the “renewable energy credits.
” “You’re paying for the renewables attributes,” says James McLawhorn, director of the Publicx Staff’s Electric Division. Renewable energyt has a value beyond the energyitselr – in the form of a renewable energyu credit, or REC, that can be bought and North Carolina utilities would be interested in buyiny credits from Texas facilitiess to help them meet state targetse for renewable generation, McLawhorn says. The 2007 energy legislation Senat e Bill 3 requires North Carolina utilities togenerate 12.5 percentf of their power from renewable sources by 2021. Up to 25 percengt of that requirement can come frompurchasinvg out-of-state RECs.
The Texas wind facilitiesz are large: a 79.8 megawatt facility in Hansforde County and two 10 megawattt facilities inMoore County. McLawhornm says the power from the facilities is purchasec byTexas utilities, but the glut of wind generation in Texasa means they have RECs to Element Markets’ business includes trading renewable energy The prefers renewable generation be built within a particular state so its benefits – the power generated and the jobs createde – stay in the state, says Wind Prograk Coordinator Brandon Blevins. But he adds that buildinv any new renewable energy facilit y takes time and that utilities face a deadline to meet the renewabl egeneration targets.
Purchasing RECs allows a utilityu to more quickly get renewable generation into its Rogervon Haefen, professor of agricultural and resource economicss at , says the price of an REC is set by markey forces. He expects demand for RECs to go up as demands for renewableenergy increases, and particularlhy if federal legislation creates additional requirementsa for utilities. Von Haefeb says that in some RECs offer a less expensive way to supportrenewablw generation. If Texas has superior wind energy resources, directing North Carolina dollarsw to Texas makes economic sense because it will brinbg more wind energy online at less he explains.
But RECs don’t always translats into additional investment inenergy generation. In some cases, buyinhg RECs pays the owners of the generation for somethingg they would bedoing anyway. Von Haefehn is unfamiliar with theTexas facilities, but he says debatese about RECs and carbon offsets center around whethe r these policies create new renewable “If we’re not, we’re not gettingh anything out of the policy other than movinv the credits around and raising cost for North Carolina utility von Haefen says.
Three Texas wind farms awaiy approval to register as renewabl eenergy facilities. Registration is a requirement of all renewabld energy projects built in the Butthese applications, filed by Houston-based energy development company Element signal the entry of out-of-state companiew angling to satisfy the demanr that North Carolina utilities are goinh to create for renewable generation due to new statr requirements. The Public Staff, the utilities commission’s consumer arm, has reviewed the files and recommends North Carolinautilities won’t be purchasing power from these Texaes wind farms. Rather, they will be able to buy the “renewable energy credits.
” “You’re paying for the renewables attributes,” says James McLawhorn, director of the Publicx Staff’s Electric Division. Renewable energyt has a value beyond the energyitselr – in the form of a renewable energyu credit, or REC, that can be bought and North Carolina utilities would be interested in buyiny credits from Texas facilitiess to help them meet state targetse for renewable generation, McLawhorn says. The 2007 energy legislation Senat e Bill 3 requires North Carolina utilities togenerate 12.5 percentf of their power from renewable sources by 2021. Up to 25 percengt of that requirement can come frompurchasinvg out-of-state RECs.
The Texas wind facilitiesz are large: a 79.8 megawatt facility in Hansforde County and two 10 megawattt facilities inMoore County. McLawhornm says the power from the facilities is purchasec byTexas utilities, but the glut of wind generation in Texasa means they have RECs to Element Markets’ business includes trading renewable energy The prefers renewable generation be built within a particular state so its benefits – the power generated and the jobs createde – stay in the state, says Wind Prograk Coordinator Brandon Blevins. But he adds that buildinv any new renewable energy facilit y takes time and that utilities face a deadline to meet the renewabl egeneration targets.
Purchasing RECs allows a utilityu to more quickly get renewable generation into its Rogervon Haefen, professor of agricultural and resource economicss at , says the price of an REC is set by markey forces. He expects demand for RECs to go up as demands for renewableenergy increases, and particularlhy if federal legislation creates additional requirementsa for utilities. Von Haefeb says that in some RECs offer a less expensive way to supportrenewablw generation. If Texas has superior wind energy resources, directing North Carolina dollarsw to Texas makes economic sense because it will brinbg more wind energy online at less he explains.
But RECs don’t always translats into additional investment inenergy generation. In some cases, buyinhg RECs pays the owners of the generation for somethingg they would bedoing anyway. Von Haefehn is unfamiliar with theTexas facilities, but he says debatese about RECs and carbon offsets center around whethe r these policies create new renewable “If we’re not, we’re not gettingh anything out of the policy other than movinv the credits around and raising cost for North Carolina utility von Haefen says.
Thursday, March 22, 2012
Broadcast Center Partners inks $1.2M Metro deal - The Business Journal of Milwaukee:
opexibu.wordpress.com
million lease with Metro for easementd above and aroundthe station’es north entrance. According to Metro, the developer planas 180 residential units, 23,000 square feet of retai l and 105,000 square feet of offices, anchored by , the network of urba radio stations founded in the Under the lease the developers will makea $336,000 initial paymeng and pay $61,413 annually for 99 with a right to purchasse easements. The money will go towarf capital projects. The deal should allow the developers to construcft an underground garage with185 spaces.
The city had expected the projec t to start by early 2009 and be completedfby 2011, a timelinee that has been dramatically scaled Radio One’s stock price has trading at under $1 for most of 2009. Metro last announced a lease in March when it agreed to rent its Southeast Bus Garage to theWashington Nationals. It has since sold the property.
million lease with Metro for easementd above and aroundthe station’es north entrance. According to Metro, the developer planas 180 residential units, 23,000 square feet of retai l and 105,000 square feet of offices, anchored by , the network of urba radio stations founded in the Under the lease the developers will makea $336,000 initial paymeng and pay $61,413 annually for 99 with a right to purchasse easements. The money will go towarf capital projects. The deal should allow the developers to construcft an underground garage with185 spaces.
The city had expected the projec t to start by early 2009 and be completedfby 2011, a timelinee that has been dramatically scaled Radio One’s stock price has trading at under $1 for most of 2009. Metro last announced a lease in March when it agreed to rent its Southeast Bus Garage to theWashington Nationals. It has since sold the property.
Tuesday, March 20, 2012
High-profile beauty school coming to downtown Schenectady - Puget Sound Business Journal (Seattle):
moakhamet84.blogspot.com
Paul Mitchell The School will set up shop on two floora of 411State St., a building that has been a source of frustratiohn for city boosters for several yearss because of the long-delayed plans to open the restaurany and bar there. Now, instead of drinkint beers on tap, the basement and first floor will be a plac e for students to learn the finer points of styling andcolorinhg hair, doing skin treatments, giving manicures and learning how to run a The building will also house a retai store selling Paul Mitchell beauty products and services. Paul Mitchelll Products are well-known in the industry, with sales approachingy $900 million. The products are sold in more than 100,0000 beauty salons.
The which will be the first for Paul Mitchellp upstate and one of107 nationwide, is expected to open in It will be owned by Giulio a 46-year-old Italian immigrantt who grew up in Veglio owns nine other Paul Mitchell schools across the During his career he has workec with some of the giants in the including Vidal Sassoon, Jean Michell and L’Oreal. “We decidee to bring the and ofbeautty schools” to Schenectady, an excited Veglio told several dozen people gatheredx at the at Proctors this morninf for the announcement. All told, the schook will occupy nearly 20,000 square feet, emplot 50 people and draw more than 200 students and customers according tothe .
The investment totalse $2 million. The plans close the book on the saga of the Big which was announced with great fanfarw by Metroplex and city officials more than fouryear ago. The project was hampered by numerous construction delay s andcost overruns. Attorney Stephen Waite ultimately moved his law offices to the top floor ofthe building, but nevert opened his long-promised restaurant and bar. He couldn’t be reached for The Metroplex, which is financed by county salew taxes, spent $250,000 to renovate the facadr of 411State St.
and $100,000 to remove asbestoz in preparation for the expected opening of the Big Metroplex Chairman Ray Gillen defended thoseinvestments today, saying they were vitapl to turn around a dilapidated building in the heartr of downtown. “We had to fix this Gillen said. “It was a horrible The property was on the verge of being foreclose d upon when the mortgage was bought in earluy July bythe , said David Buicko, chierf operating officer. Buicko declined to reveap the purchase price. The Galesi Group is assumingt a $1 million loan that had been arranged for the Big The purchase by Galesi Group adds to its already largre portfolioin Schenectady.
The real estate developmenty company now controls evergy building across from Proctors on State Street between Jay Streeftand Broadway. “We stepped up because that’s the only portion of the blociwe hadn’t owned,” Buicko said. Paul Mitchelp The School signeda 15-year lease with renewakl options. The Metroplex will provide a $311,40o grant and $250,000 loan at 5 percent interest. The agench said it will recoup the money from increased usags of downtownparking lots.
Paul Mitchell schoolse have been a trendsetter inthe industry, said Joe who owns hair salons at Crossgates Mall and Rotterdamk Square Mall that aren’t affiliated with the Tullio was a mentor to Veglio when he was starting out in the “They’re on the edge,” Tullio said. “They do modern
Paul Mitchell The School will set up shop on two floora of 411State St., a building that has been a source of frustratiohn for city boosters for several yearss because of the long-delayed plans to open the restaurany and bar there. Now, instead of drinkint beers on tap, the basement and first floor will be a plac e for students to learn the finer points of styling andcolorinhg hair, doing skin treatments, giving manicures and learning how to run a The building will also house a retai store selling Paul Mitchell beauty products and services. Paul Mitchelll Products are well-known in the industry, with sales approachingy $900 million. The products are sold in more than 100,0000 beauty salons.
The which will be the first for Paul Mitchellp upstate and one of107 nationwide, is expected to open in It will be owned by Giulio a 46-year-old Italian immigrantt who grew up in Veglio owns nine other Paul Mitchell schools across the During his career he has workec with some of the giants in the including Vidal Sassoon, Jean Michell and L’Oreal. “We decidee to bring the and ofbeautty schools” to Schenectady, an excited Veglio told several dozen people gatheredx at the at Proctors this morninf for the announcement. All told, the schook will occupy nearly 20,000 square feet, emplot 50 people and draw more than 200 students and customers according tothe .
The investment totalse $2 million. The plans close the book on the saga of the Big which was announced with great fanfarw by Metroplex and city officials more than fouryear ago. The project was hampered by numerous construction delay s andcost overruns. Attorney Stephen Waite ultimately moved his law offices to the top floor ofthe building, but nevert opened his long-promised restaurant and bar. He couldn’t be reached for The Metroplex, which is financed by county salew taxes, spent $250,000 to renovate the facadr of 411State St.
and $100,000 to remove asbestoz in preparation for the expected opening of the Big Metroplex Chairman Ray Gillen defended thoseinvestments today, saying they were vitapl to turn around a dilapidated building in the heartr of downtown. “We had to fix this Gillen said. “It was a horrible The property was on the verge of being foreclose d upon when the mortgage was bought in earluy July bythe , said David Buicko, chierf operating officer. Buicko declined to reveap the purchase price. The Galesi Group is assumingt a $1 million loan that had been arranged for the Big The purchase by Galesi Group adds to its already largre portfolioin Schenectady.
The real estate developmenty company now controls evergy building across from Proctors on State Street between Jay Streeftand Broadway. “We stepped up because that’s the only portion of the blociwe hadn’t owned,” Buicko said. Paul Mitchelp The School signeda 15-year lease with renewakl options. The Metroplex will provide a $311,40o grant and $250,000 loan at 5 percent interest. The agench said it will recoup the money from increased usags of downtownparking lots.
Paul Mitchell schoolse have been a trendsetter inthe industry, said Joe who owns hair salons at Crossgates Mall and Rotterdamk Square Mall that aren’t affiliated with the Tullio was a mentor to Veglio when he was starting out in the “They’re on the edge,” Tullio said. “They do modern
Sunday, March 18, 2012
Northrop gets $30M contract for 'space fence' development - Atlanta Business Chronicle:
vypybiza.wordpress.com
The new Space Fence is part ofthe U.S. Departmentf of Defense's effort to continually track and detect objectsx such as space debris and satellites in low and mediukmearth orbit. Space Fence will replace the curreng VHF Air Force Space Surveillance Systekm builtin 1961. "The new Space Fence systenm will provide better accuracy and faster detectionh while allowing us to increase the number of satellitese and other space object s that can be detectedand tracked, thus avoidinfg collision and damage to other satellites," Rich Davis, director of speciao projects at Northrop Grumman's Advanced Concepts and Technology Division, said in a Australia is a candidate for the firstg Space Fence location.
Two additional sites in other parts of the worlcd are alsounder consideration. Los Angeles-based Northropp (NYSE: NOC) is a defense and technologyg company.
The new Space Fence is part ofthe U.S. Departmentf of Defense's effort to continually track and detect objectsx such as space debris and satellites in low and mediukmearth orbit. Space Fence will replace the curreng VHF Air Force Space Surveillance Systekm builtin 1961. "The new Space Fence systenm will provide better accuracy and faster detectionh while allowing us to increase the number of satellitese and other space object s that can be detectedand tracked, thus avoidinfg collision and damage to other satellites," Rich Davis, director of speciao projects at Northrop Grumman's Advanced Concepts and Technology Division, said in a Australia is a candidate for the firstg Space Fence location.
Two additional sites in other parts of the worlcd are alsounder consideration. Los Angeles-based Northropp (NYSE: NOC) is a defense and technologyg company.
Friday, March 16, 2012
Kelman Bottles to supply glass containers for Labatt Breweries of Canada - Pittsburgh Business Times:
opexibu.wordpress.com
Kelman, based near Pittsburgh in will supply Labatt with its annual glasss container requirements for its Brava brand in Brava isa Mexican-style beer that Labatt acquired in 2007. Kelman, a privatelyg held company that operates what was formerly knowbn as the GlenshawGlass Company, described the approval process for Labatyt as intensive, taking nearly two years. “Becoming a qualified supplier to Labatt is amonf the most significant achievements for a producer ofglass containers,” said the company in a prepared “This remarkable achievement is a testameny to the commitment, skill and dedicatiom of the glass makers at Kelmam Bottles working closely with the due diligence and purchasinbg professionals at Labatt throughout the approva l process.
” Kelman didn’t divulge how many bottles it expectsz to produce for Labatt. The company has already begun supplyinh the bottlesto Labatt, whicb are now being filled with beer at the company’s Ontario brewery. Kelman operates in a variety of glassdproduction niches, producing glass containers for the food and beverage decorative glass, and fine hand-made glass sold by The company group markets its glasswarr under the brand names LE Smith Glass, Sainty George Crystal and Glenshaw Glass among others.
Kelman, based near Pittsburgh in will supply Labatt with its annual glasss container requirements for its Brava brand in Brava isa Mexican-style beer that Labatt acquired in 2007. Kelman, a privatelyg held company that operates what was formerly knowbn as the GlenshawGlass Company, described the approval process for Labatyt as intensive, taking nearly two years. “Becoming a qualified supplier to Labatt is amonf the most significant achievements for a producer ofglass containers,” said the company in a prepared “This remarkable achievement is a testameny to the commitment, skill and dedicatiom of the glass makers at Kelmam Bottles working closely with the due diligence and purchasinbg professionals at Labatt throughout the approva l process.
” Kelman didn’t divulge how many bottles it expectsz to produce for Labatt. The company has already begun supplyinh the bottlesto Labatt, whicb are now being filled with beer at the company’s Ontario brewery. Kelman operates in a variety of glassdproduction niches, producing glass containers for the food and beverage decorative glass, and fine hand-made glass sold by The company group markets its glasswarr under the brand names LE Smith Glass, Sainty George Crystal and Glenshaw Glass among others.
Wednesday, March 14, 2012
MetroPCS offers cheap international calls - Dallas Business Journal:
vuwodu.wordpress.com
The Richardson company said Tuesday the service will be availablee asan add-on to the firm’s $40, $45 and $50 monthly including family plans. Customers can call more than 100 MetroPCS said. "It's probably the lowest cost for international callxs in the wireless industryright now," says Jeff Kagan, an independenft wireless analyst in the Atlanta area. "No the question is, Will this causs other players to reducetheir rates?" Kagan adds that he doesn'tf believe any other company in the wirelesw industry is offering "anything to MetroPCS' international rates.
"If it sticksd around, this would be a breakthrough deal for the The company’s calling plans range from $30 per montjh to $50 per month. MetroPCS’ stoc (NYSE: PCS) was selling for $14.49 per up 16 cents, on Tuesday morning.
The Richardson company said Tuesday the service will be availablee asan add-on to the firm’s $40, $45 and $50 monthly including family plans. Customers can call more than 100 MetroPCS said. "It's probably the lowest cost for international callxs in the wireless industryright now," says Jeff Kagan, an independenft wireless analyst in the Atlanta area. "No the question is, Will this causs other players to reducetheir rates?" Kagan adds that he doesn'tf believe any other company in the wirelesw industry is offering "anything to MetroPCS' international rates.
"If it sticksd around, this would be a breakthrough deal for the The company’s calling plans range from $30 per montjh to $50 per month. MetroPCS’ stoc (NYSE: PCS) was selling for $14.49 per up 16 cents, on Tuesday morning.
Monday, March 12, 2012
Businesses hoping stimulus legislation will include them - Austin Business Journal:
wilhelminadora4287.blogspot.com
“Quite frankly, the employees are scared,” said Steve Massie, the Va.-based company’s CEO. Massie said private-sectorf clients either can’t get financingg for projects or are leery aboutf proceeding without knowing what policies will come out of State andlocal governments, which couldd use Massie’s expertise in road construction, “don’tt have money to spend,” he said. That couldd change if Congress passes the economic stimuluas package moving through the legislative process. Companies like Massie’s would be big beneficiaries of billions of dollars in infrastructure spending that will be includes inthe package.
“Iu would be able to avoid layoffz atmy company, begin purchasing materials, and personnel coulfd begin to get back to full employment within 30 days of contractsa being awarded,” Massie said. Businessees of all types see the stimulus package as a potentialp lifeline and are lobbying for provisionws that would help them survivw a recession thatput 2.6 million people out of work in 2008. A monthluy index of small business indicators compile by the hitits second-lowest level in 35 yearse in December. “Unless there is a solidr turnaroundin January, we are in for a longer-than-usuall recession,” NFIB Chief Economisrt William Dunkelberg said.
A December survey by the foun that 38 percent of small businessowners weren’ t confident about their business’s A sizable chunk of the stimulue package will be used to extend unemployment benefitzs and help states avoid cuts in Medicaid and othefr programs. Tax rebates or other formss of individual tax cuts also will be includex to stimulateconsumer spending. Businessew expect a big piece of the pieas well, includinb infrastructure contracts and targeted assistance for key Congress plans to spend billions of dollars on infrastructurer projects that employ people quicklyt and meet the long-term needs of the nation.
Much of this monety will go toroad repairs, bridges and othere transportation projects, but investments also are expected in watet projects, health information technology and energy efficienc for schools and federal buildings. Americans strongly support infrastructure investments, said pollster Frank Luntz, who conducted a survey for Building America’x Future, a coalition of statew and local officials. In fact, 81 percent of Americans said they are willingg to pay 1 percent more in taxes to moderniz ethe nation’s infrastructure. A survet by the of America indicated that 85 percengt of its members could begin work on infrastructure projectes withina month.
Hundreds of projects around the countruy have been put on hold due to revenuew shortfalls facing state andlocal “There’s just an immense amount of work available,” said Brian CEO of Inc. in Ohio. Specific industries, including housing and alternative energy, could get a boostg from the stimulus. The and the want Congresxs to give all home buyerd a tax credit to spurhousing
“Quite frankly, the employees are scared,” said Steve Massie, the Va.-based company’s CEO. Massie said private-sectorf clients either can’t get financingg for projects or are leery aboutf proceeding without knowing what policies will come out of State andlocal governments, which couldd use Massie’s expertise in road construction, “don’tt have money to spend,” he said. That couldd change if Congress passes the economic stimuluas package moving through the legislative process. Companies like Massie’s would be big beneficiaries of billions of dollars in infrastructure spending that will be includes inthe package.
“Iu would be able to avoid layoffz atmy company, begin purchasing materials, and personnel coulfd begin to get back to full employment within 30 days of contractsa being awarded,” Massie said. Businessees of all types see the stimulus package as a potentialp lifeline and are lobbying for provisionws that would help them survivw a recession thatput 2.6 million people out of work in 2008. A monthluy index of small business indicators compile by the hitits second-lowest level in 35 yearse in December. “Unless there is a solidr turnaroundin January, we are in for a longer-than-usuall recession,” NFIB Chief Economisrt William Dunkelberg said.
A December survey by the foun that 38 percent of small businessowners weren’ t confident about their business’s A sizable chunk of the stimulue package will be used to extend unemployment benefitzs and help states avoid cuts in Medicaid and othefr programs. Tax rebates or other formss of individual tax cuts also will be includex to stimulateconsumer spending. Businessew expect a big piece of the pieas well, includinb infrastructure contracts and targeted assistance for key Congress plans to spend billions of dollars on infrastructurer projects that employ people quicklyt and meet the long-term needs of the nation.
Much of this monety will go toroad repairs, bridges and othere transportation projects, but investments also are expected in watet projects, health information technology and energy efficienc for schools and federal buildings. Americans strongly support infrastructure investments, said pollster Frank Luntz, who conducted a survey for Building America’x Future, a coalition of statew and local officials. In fact, 81 percent of Americans said they are willingg to pay 1 percent more in taxes to moderniz ethe nation’s infrastructure. A survet by the of America indicated that 85 percengt of its members could begin work on infrastructure projectes withina month.
Hundreds of projects around the countruy have been put on hold due to revenuew shortfalls facing state andlocal “There’s just an immense amount of work available,” said Brian CEO of Inc. in Ohio. Specific industries, including housing and alternative energy, could get a boostg from the stimulus. The and the want Congresxs to give all home buyerd a tax credit to spurhousing
Saturday, March 10, 2012
Md. colleges given $11M to combat nursing shortage - Pacific Business News (Honolulu):
ekaterinaiuvo.blogspot.com
The grants, being divvied among 17 Marylandnursinyg schools, will be used to lure faculty and and improve technology at the universities. Maryland’se nursing shortage is expected toreacy 10,000 by 2016, according to the . The current vacancu rate of nurses at state hospitals is 8 The economic downturn has helpes the industry because many retired nurses have come back to but once the recession ends the shortagewill worsen, said Carmelaq Coyle, CEO of the Maryland Hospitalo Association.
The first round of grante will increase the number of nurses graduating by 300 studentsz and add 20 faculty positiond at nursing programs acrossthe “The number of nurses graduating from Maryland schoolws are simply not enough,” said Ronalde B. Peterson, president of and co-chair of the “Whl Will Care?” campaign at a press conference Monday. “Wd cannot take our eye off the nursing The campaign’s goal is to add 1,500o new nursing students. The program has raisedr $15.
5 million to date througgh the state’s business community, including funds from the Baltimore constructionform , , the region'zs largest hospital system, and , the region'sx largest health insurer. Greater Baltimore Medical Center, for gave $500,000. The goal is to raisw $20 million from the private sectotr by the end of the and then raise anaddition $40 million in state, locapl and federal funds. • • • • • ; and, .
The grants, being divvied among 17 Marylandnursinyg schools, will be used to lure faculty and and improve technology at the universities. Maryland’se nursing shortage is expected toreacy 10,000 by 2016, according to the . The current vacancu rate of nurses at state hospitals is 8 The economic downturn has helpes the industry because many retired nurses have come back to but once the recession ends the shortagewill worsen, said Carmelaq Coyle, CEO of the Maryland Hospitalo Association.
The first round of grante will increase the number of nurses graduating by 300 studentsz and add 20 faculty positiond at nursing programs acrossthe “The number of nurses graduating from Maryland schoolws are simply not enough,” said Ronalde B. Peterson, president of and co-chair of the “Whl Will Care?” campaign at a press conference Monday. “Wd cannot take our eye off the nursing The campaign’s goal is to add 1,500o new nursing students. The program has raisedr $15.
5 million to date througgh the state’s business community, including funds from the Baltimore constructionform , , the region'zs largest hospital system, and , the region'sx largest health insurer. Greater Baltimore Medical Center, for gave $500,000. The goal is to raisw $20 million from the private sectotr by the end of the and then raise anaddition $40 million in state, locapl and federal funds. • • • • • ; and, .
Thursday, March 8, 2012
ESPN Zone closes doors in Denver - Dallas Business Journal:
http://internationaltextileind.com/advantages-of-textile-motorcycle-jackets.html
The ESPN Zone, part of a nationwide chainn of what used to be nine ofthe sports-themedf bar and interactive game centers across the laid off roughly 100 employees, giving each a 60-dayt administrative leave package, according to a company Rick Allesandri, an ESPN vice president who oversees Zone said in the statement that the restauranyt could not survive the recession. This economid downturn has been marked nationally by reduced consumer spending on eating out and onentertainmenft activities. “A decision like this is nevetr easy. We recognize and appreciated the commitment and years of service of all ofthesde employees,” Allesandri said.
“Unfortunately, the currengt economic environment offered us noother choice.” The ESPN Zone was a 23,000-square-foot meeting place for sports fanatics, with one room featurinvg more than a dozen large televisions tuned into contestsx of all kind and another full of videp and sports games ranging from basketbalk to bowling. None of the eight other ESPN Zone locations will be asall “are meeting our expectations,” said Matt a spokesmen for the , which owns the Tabor Center, issuerd a statement saying it was “sorry to hear of theitr decision to discontinue their Denver operations.
” But the closing of ESPN Zone “has created a new opportunitu for us to bring new concepts to 16th Street,” it One of those new concepts is The Tilteed Kilt, a Celtic-themed restaurant and sports bar with 20 locationzs operating nationwide and another 10 The chain, which is expectes to open its Denver location this fall and to offer outdood patio seating, has signed an 8,300-square-foor lease at Tabor Center, according to a news The Tilted Kilt began in Las Vegas in 2003 and is notedr for its servers dressed in knee-high socks, short plaisd kilts and midriff-baring plaid halter tops. It will be one of a numbet of new tenants opening in the Tabor Centetrthis year.
“These new additions to Tabo r Center’s retail offering reflect our continuinh efforts to enhance the services and amenitiese forthe tenants, customers and visitors to the Tabof Center,” said Steve Budorick, executive vice president and partnetr at Callahan Capital Partners.
The ESPN Zone, part of a nationwide chainn of what used to be nine ofthe sports-themedf bar and interactive game centers across the laid off roughly 100 employees, giving each a 60-dayt administrative leave package, according to a company Rick Allesandri, an ESPN vice president who oversees Zone said in the statement that the restauranyt could not survive the recession. This economid downturn has been marked nationally by reduced consumer spending on eating out and onentertainmenft activities. “A decision like this is nevetr easy. We recognize and appreciated the commitment and years of service of all ofthesde employees,” Allesandri said.
“Unfortunately, the currengt economic environment offered us noother choice.” The ESPN Zone was a 23,000-square-foot meeting place for sports fanatics, with one room featurinvg more than a dozen large televisions tuned into contestsx of all kind and another full of videp and sports games ranging from basketbalk to bowling. None of the eight other ESPN Zone locations will be asall “are meeting our expectations,” said Matt a spokesmen for the , which owns the Tabor Center, issuerd a statement saying it was “sorry to hear of theitr decision to discontinue their Denver operations.
” But the closing of ESPN Zone “has created a new opportunitu for us to bring new concepts to 16th Street,” it One of those new concepts is The Tilteed Kilt, a Celtic-themed restaurant and sports bar with 20 locationzs operating nationwide and another 10 The chain, which is expectes to open its Denver location this fall and to offer outdood patio seating, has signed an 8,300-square-foor lease at Tabor Center, according to a news The Tilted Kilt began in Las Vegas in 2003 and is notedr for its servers dressed in knee-high socks, short plaisd kilts and midriff-baring plaid halter tops. It will be one of a numbet of new tenants opening in the Tabor Centetrthis year.
“These new additions to Tabo r Center’s retail offering reflect our continuinh efforts to enhance the services and amenitiese forthe tenants, customers and visitors to the Tabof Center,” said Steve Budorick, executive vice president and partnetr at Callahan Capital Partners.
Monday, March 5, 2012
Southwest, union reach agreement - Dallas Business Journal:
a-aveywe.blogspot.com
Dallas-based Southwest (NYSE: LUV) said the new contracty expires in Octoberof 2012. The IAM union represent s 5,300 Southwest employees. Fifty-four percent of the voting union members approvedxthe contract. "This agreement provides financial securityt for our members whilw giving Southwest Airlines the stabilith it needs to continue growing in a very difficult economic said IAM District 142 President Tom The ratified contract includes anautomativ three-percent wage increase, retroactive to Nov. 1 of last The top pay among union employees under the new contractg will increaseto $26.
61 per hour over the life of the A statement issued by the union indicatefd that other details include an increase in retiremen benefits, a one-percent increase in company-paid 401(k) contributions, and Southwesr will increase 401(k) matching contributions to 9.3 percent in Januaruy of 2011.
Dallas-based Southwest (NYSE: LUV) said the new contracty expires in Octoberof 2012. The IAM union represent s 5,300 Southwest employees. Fifty-four percent of the voting union members approvedxthe contract. "This agreement provides financial securityt for our members whilw giving Southwest Airlines the stabilith it needs to continue growing in a very difficult economic said IAM District 142 President Tom The ratified contract includes anautomativ three-percent wage increase, retroactive to Nov. 1 of last The top pay among union employees under the new contractg will increaseto $26.
61 per hour over the life of the A statement issued by the union indicatefd that other details include an increase in retiremen benefits, a one-percent increase in company-paid 401(k) contributions, and Southwesr will increase 401(k) matching contributions to 9.3 percent in Januaruy of 2011.
Saturday, March 3, 2012
PSC to hold hearings on FP&L rate hike request - South Florida Business Journal:
exceeding-commissioner.blogspot.com
billion rate hike request from The increase would apply to the base rate portion of the which accounts for aboutr 42 percent of the total bill that customers pay each The increase amountsto $12.55 a month, or 30 of the current base rates for customerx who use 1,000 kilowatt houra a month, according to the attorney general'sz office. “This proposed rate increas e is excessive, especially when homeowners are alreadyg struggling to make ends said Attorney General Bill whose office has intervened before the PSC in the rateincreased hearings. “While the economy is affecting power the difference should not be made up entirelg at the expenseof Floridians’ wallets.
” However, Floridwa Power & Light is disputing McCollum's claims. In an e-mailefd response, company spokesman Mayclo Villafana said the rate proposal wouldx resultin "even lower bills beginning in January 2010." He said that under the proposal the typicakl 1,000 kilowatt-hour residential bill actuallty would decrease from approximately $109 in Decembef to approximately $104 in reflecting reductions in the cost of fuel as well as fuel The first hearings are set to take place in Sarasota and Fort Meyerss on June 19, with additional hearingd the following week. Click for a full list of hearingb dates.
billion rate hike request from The increase would apply to the base rate portion of the which accounts for aboutr 42 percent of the total bill that customers pay each The increase amountsto $12.55 a month, or 30 of the current base rates for customerx who use 1,000 kilowatt houra a month, according to the attorney general'sz office. “This proposed rate increas e is excessive, especially when homeowners are alreadyg struggling to make ends said Attorney General Bill whose office has intervened before the PSC in the rateincreased hearings. “While the economy is affecting power the difference should not be made up entirelg at the expenseof Floridians’ wallets.
” However, Floridwa Power & Light is disputing McCollum's claims. In an e-mailefd response, company spokesman Mayclo Villafana said the rate proposal wouldx resultin "even lower bills beginning in January 2010." He said that under the proposal the typicakl 1,000 kilowatt-hour residential bill actuallty would decrease from approximately $109 in Decembef to approximately $104 in reflecting reductions in the cost of fuel as well as fuel The first hearings are set to take place in Sarasota and Fort Meyerss on June 19, with additional hearingd the following week. Click for a full list of hearingb dates.
Thursday, March 1, 2012
Marc Andreessen starts $300M VC fund - Boston Business Journal:
olimstgon.blogspot.com
billion. While the actual news that Andreessen-Horowit z was being formed was broken in Februaryh on the Charlie Rose TV details and the official launch cameon Monday. On his Andreessen wrote: "Between the two of us, Ben and I have startes three companies directly, created many new productss and services, run operating businesses at high levelsof scale, angelo invested in 45 tech startups in the last five and served on a broa cross-section of company boardas with some of the best entrepreneurs and investors in the Through all this, we have worke closely together for 15 and we could not be more excited to extend our partnership into venturew capital.
The new firm will invest anywherefrom $50,00p0 to $50 million, Andreessen in consumer Internet, business Internet (cloud "software as a service"), mobile softwarse and services, software-powered consumer electronics, infrastructure and applicationd software, networking, storage, databases, and other back-end systems. Most of the moneyg will be invested in startups in Silicon following in the VC tradition of wanting to be withi a few minutes of the headquartersd of the companies theyinvest in. “We do not think it is an accident that Googls is inMountain View, Facebook is in Palo Alto, and Twitted is in San Francisco.
We also think that ventur e capital is a high touch activity that lendd itself togeographic proximity, and our only office will be in Silicon Valley,” Andreessen wrote on his blog. He was also clea about what it won't invest in: "Wee are almost certainly not an appropriatw investor for any of thefollowing domains: 'clean,' 'green,' energy, transportation, life scienced (biotech, drug design, medical nanotech, movie production consumer retail, electric cars, rocket ships, space elevators. We do not have the firsg clue about any ofthese fields.
" Andreessenj said he will continue as chairman of a socia l networking software company he co-founded, , as well as remain on the boards at and (NASDAQ:EBAY). Horowitz is vice president and general managef of business technology optimization for softwarerat . (NYSE:HPQ).
billion. While the actual news that Andreessen-Horowit z was being formed was broken in Februaryh on the Charlie Rose TV details and the official launch cameon Monday. On his Andreessen wrote: "Between the two of us, Ben and I have startes three companies directly, created many new productss and services, run operating businesses at high levelsof scale, angelo invested in 45 tech startups in the last five and served on a broa cross-section of company boardas with some of the best entrepreneurs and investors in the Through all this, we have worke closely together for 15 and we could not be more excited to extend our partnership into venturew capital.
The new firm will invest anywherefrom $50,00p0 to $50 million, Andreessen in consumer Internet, business Internet (cloud "software as a service"), mobile softwarse and services, software-powered consumer electronics, infrastructure and applicationd software, networking, storage, databases, and other back-end systems. Most of the moneyg will be invested in startups in Silicon following in the VC tradition of wanting to be withi a few minutes of the headquartersd of the companies theyinvest in. “We do not think it is an accident that Googls is inMountain View, Facebook is in Palo Alto, and Twitted is in San Francisco.
We also think that ventur e capital is a high touch activity that lendd itself togeographic proximity, and our only office will be in Silicon Valley,” Andreessen wrote on his blog. He was also clea about what it won't invest in: "Wee are almost certainly not an appropriatw investor for any of thefollowing domains: 'clean,' 'green,' energy, transportation, life scienced (biotech, drug design, medical nanotech, movie production consumer retail, electric cars, rocket ships, space elevators. We do not have the firsg clue about any ofthese fields.
" Andreessenj said he will continue as chairman of a socia l networking software company he co-founded, , as well as remain on the boards at and (NASDAQ:EBAY). Horowitz is vice president and general managef of business technology optimization for softwarerat . (NYSE:HPQ).
Tuesday, February 28, 2012
Gross Says Investors Should Embrace a Defensive Strategy Amid Zero Rates - Bloomberg
http://ashtlxs.com/p-202.html
Bloomberg | Gross Says Investors Should Embrace a Defensive Strategy Amid Zero Rates Bloomberg Emphasize income, de-emphasize derivative structures that are fully valued and be willing to accept returns lower than historical averages, Gross wrote. The period of muted growth in developed economies, high unemployment and orderly deleveraging Pimco ... PIMCO's Gross Makes Big Break With Past Strategy Gross Says Investors Should Embrace Defense With Zero Rates PIMCO's Gross shifts to defensive investment model |
Sunday, February 26, 2012
Exclusive First Look: Laura Marano Performs In New 'Austin & Ally' Episode (VIDEO) - Celebuzz
http://twentybayard.com/464/brain-scanners-fingercams-take-computer-interfaces-beyond-multitouch/
Celebuzz | Exclusive First Look: Laura Marano Performs In New 'Austin & » |
Friday, February 24, 2012
A bigger imprint: Cottage Grove's Advanced Sportswear moves to Newport as it ... - South Washington County Bulletin
goldenayreyg1666.blogspot.com
A bigger imprint: Cottage Grove's Advanced Sportswear moves to Newport as it ... South Washington County Bulletin After more than 25 years in Cottage Grove, Advanced Sportswear recently relocated to the Newport Center shopping mall. Terry Thompson recently moved his Advanced Sportswear screenprinting and embroidery business from Cottage Grove to Newport Center, ... |
BusinessWeek | No More Tweeting at the Steering Wheel BusinessWeek But you can still use a voice-automated system or controls built into the steering wheel to access the Web. LaHood has been pushing states to pass bans on the use of mobile phones at the wheel, something his agency doesn't have the power to regulate. < br /> |
Wednesday, February 15, 2012
State
evittiebodum1296.blogspot.com
Yee delivered a written statement to the explainintg that the Board of Equalization is workingy withthe , , and the to find functions that couls be consolidated. “Taking an incrementalk approach, consolidating those processes or functionds where we have common business approache s will lead to immediate efficiencies with little or no investmen on the part ofthe state’s generall fund for long-term gain,” Yee Members from the agencies met in May to talk consolidation possibilities, with likely candidates includint call centers, printing and electronic capture and the entire process of processing tax returns.
The agencies are making an inventory of equipment and expertise to see what can be sharedsor combined. Yee was elected to the five-member boar in November 2006 to represent the coastal region s from the Oregon border to SantwaBarbara County. The BOE collects more than $53 billion annual in salez taxes, property taxes, use taxes and The Franchise Tax Boardcollectsd personal, corporate and bank taxes in California.
Yee delivered a written statement to the explainintg that the Board of Equalization is workingy withthe , , and the to find functions that couls be consolidated. “Taking an incrementalk approach, consolidating those processes or functionds where we have common business approache s will lead to immediate efficiencies with little or no investmen on the part ofthe state’s generall fund for long-term gain,” Yee Members from the agencies met in May to talk consolidation possibilities, with likely candidates includint call centers, printing and electronic capture and the entire process of processing tax returns.
The agencies are making an inventory of equipment and expertise to see what can be sharedsor combined. Yee was elected to the five-member boar in November 2006 to represent the coastal region s from the Oregon border to SantwaBarbara County. The BOE collects more than $53 billion annual in salez taxes, property taxes, use taxes and The Franchise Tax Boardcollectsd personal, corporate and bank taxes in California.
Monday, February 13, 2012
International Paper completes $3.7 billion acquisition of Austin's Temple-Inland - Austin American-Statesman
raisavydyexuwowi.blogspot.com
International Paper completes $3.7 billion acquisition of Austin's Temple-Inland Austin American-Statesman By Barry Harrell International Paper Co. has completed its $3.7 billion acquisition of Austin-based corrugated packaging maker Temple-Inland Inc., the companies said Monday, finishing off the sometimes-contentious takeover bid that International Paper ... International Paper Completes Acquisition of Temple-Inland < nobr>MarketWatch (press release) International Paper deal for Temple-Inland closes International Paper's acquisition of Temple-Inland completed, company says |
Saturday, February 11, 2012
Cushman & Wakefield loses third Miami exec - Charlotte Business Journal:
elisovadinaimar.blogspot.com
Caplin’s exit is the latest of severa lrecent high-profile departures at C&W in Miami. The firm is one of Southg Florida's largest real estate brokerages and, like othef brokerages, has seen few investment deals in the last Former branch manager Tere Blanca left in the sprinvg tolaunch , a firm focused on officee leasing and sales. Hank Klein, executivwe director of C&W in Florida, was notifies last month that his positiob wasbeing eliminated. Steelbridge owns and manages propertgthroughout Florida. It sold , on Miami’s Brickell Key, for $150 millio in 2007 after an eight-year hold.
Steelbridgse founder Gavin Campbell will continue as managing sharing the helmwith Caplin. Caplin is one of a handful of commercial brokers involved inSoutg Florida’s largest commercial transactions. Caplin said his exit is in responsr to a paradigm shift in locak investment that comes at the tail end of a where leasing and management for institutional investor s became secondary tomarkett momentum.
During the boom years leading upto 2006, the expectatiob was that assets with strong track recorde could be purchased and flipped quickly for big For a short period of time, some owners made the strategu work, but then the economic meltdown put the brakes on the Some, who bought in the last few were holding assets that cost too much comparexd to market fundamentals. The markeft has now shifted back to fundamentao principlesof investment, with institutionaol investors and private capital “seeking to co-invest with nimble, local operating partners,” Caplin said.
“The marketr and investors mostlybelieve it’s about operationzs on the ground and knowing how to positionh a building in a particular he said. Caplin oversaw more than $7 billiomn in transactions at including ’ $307 million purchaswe of a half-stake in downtown Miami’ss landmark and full ownership of the 1221 Brickel building in 2006. He was involved in the sale of 355 Alhambrw in Coral Gablesfor $87. 3 million in 2008 and is currently working with Hines to refinance its debtat . Caplin is a graduatew of south Miami-Dade County’s Palmetto High School.
He graduatecd from in 1985 witha bachelor’s degree in finance and real Two years later, he left C&W’sa appraisal group to launch the company’s local investmen sales operation. Caplin was part of a team in the late 1980a that first specialized in investment salesin Miami. Durinh the mid-1990s, Steelbridge Capital had 2 million square feet of commercia real estate in its portfolip in seven Florida marketsincluding Jacksonville, Naplesw and Miami. They sold much of it from 2005to 2007. Caplin’sx arrival marks another periodof opportunity-investment for the Steelbridge’s Campbell said.
"We think valuations are finally startingg to lookattractive again,” Campbell said in a “The opportunity to buy Florida assets at significant discountsw to replacement cost is imminent, whilre the long-term job and demographic prospectz for Florida and the Caribbean basin are as stronhg as ever. Jay’s leadership will be the linchpin ofour strategy."
Caplin’s exit is the latest of severa lrecent high-profile departures at C&W in Miami. The firm is one of Southg Florida's largest real estate brokerages and, like othef brokerages, has seen few investment deals in the last Former branch manager Tere Blanca left in the sprinvg tolaunch , a firm focused on officee leasing and sales. Hank Klein, executivwe director of C&W in Florida, was notifies last month that his positiob wasbeing eliminated. Steelbridge owns and manages propertgthroughout Florida. It sold , on Miami’s Brickell Key, for $150 millio in 2007 after an eight-year hold.
Steelbridgse founder Gavin Campbell will continue as managing sharing the helmwith Caplin. Caplin is one of a handful of commercial brokers involved inSoutg Florida’s largest commercial transactions. Caplin said his exit is in responsr to a paradigm shift in locak investment that comes at the tail end of a where leasing and management for institutional investor s became secondary tomarkett momentum.
During the boom years leading upto 2006, the expectatiob was that assets with strong track recorde could be purchased and flipped quickly for big For a short period of time, some owners made the strategu work, but then the economic meltdown put the brakes on the Some, who bought in the last few were holding assets that cost too much comparexd to market fundamentals. The markeft has now shifted back to fundamentao principlesof investment, with institutionaol investors and private capital “seeking to co-invest with nimble, local operating partners,” Caplin said.
“The marketr and investors mostlybelieve it’s about operationzs on the ground and knowing how to positionh a building in a particular he said. Caplin oversaw more than $7 billiomn in transactions at including ’ $307 million purchaswe of a half-stake in downtown Miami’ss landmark and full ownership of the 1221 Brickel building in 2006. He was involved in the sale of 355 Alhambrw in Coral Gablesfor $87. 3 million in 2008 and is currently working with Hines to refinance its debtat . Caplin is a graduatew of south Miami-Dade County’s Palmetto High School.
He graduatecd from in 1985 witha bachelor’s degree in finance and real Two years later, he left C&W’sa appraisal group to launch the company’s local investmen sales operation. Caplin was part of a team in the late 1980a that first specialized in investment salesin Miami. Durinh the mid-1990s, Steelbridge Capital had 2 million square feet of commercia real estate in its portfolip in seven Florida marketsincluding Jacksonville, Naplesw and Miami. They sold much of it from 2005to 2007. Caplin’sx arrival marks another periodof opportunity-investment for the Steelbridge’s Campbell said.
"We think valuations are finally startingg to lookattractive again,” Campbell said in a “The opportunity to buy Florida assets at significant discountsw to replacement cost is imminent, whilre the long-term job and demographic prospectz for Florida and the Caribbean basin are as stronhg as ever. Jay’s leadership will be the linchpin ofour strategy."
Thursday, February 9, 2012
What Do Democracy Promoters Actually Do? - NPR
disadvantage-unlimited.blogspot.com
What Do Democracy Promoters Actually Do? NPR He was taken aback by the legal proceedings in Egypt and worries that Russia or other countries leery about international democracy promoters will be watching closely to see how far Egypt goes. |
Tuesday, February 7, 2012
Pew report: Clean energy powers job growth - Triangle Business Journal:
oryzacody.wordpress.com
study said Florida was one of 38 statesd and the District of Columbia in whichj job growth in the clean energy economt outperformed overalljob gains. Pew definerd a clean energy economy as one thatgeneratees jobs, businesses and investments while expanding clean energ y production, increasing energy efficiency, reducing greenhousse gas emissions, waste and pollution, and conserving water and other natural resources. In there was a 7.9 percentr increase in clean energy jobsfrom 28,845 jobs in 1998 to 31,122 jobs in 2007.
The numbers are a hard counr ofactual jobs, Pew said in a and range from jobs as diverse as engineers, plumbers, administrativs assistants, construction workers, machine setters, marketinbg consultants and teachers with annual incomes ranging from $21,000 to $111,000. jobs in the clean energ y industry grew at a rateof 9.1 percent between 1998 and 2007, while total jobs grew by 3.7 percent in the same period, the report says. Florida had 3,831 clea n energy businesses at the endof 2007, a 22.7 percenyt increase from 3,121 businesses in the report says.
There were 236 cleabn energy patents in Florida between 1999 and and venture capital firmsinvested $117 in cleaj technology in Florida between 2006 and 2008.
study said Florida was one of 38 statesd and the District of Columbia in whichj job growth in the clean energy economt outperformed overalljob gains. Pew definerd a clean energy economy as one thatgeneratees jobs, businesses and investments while expanding clean energ y production, increasing energy efficiency, reducing greenhousse gas emissions, waste and pollution, and conserving water and other natural resources. In there was a 7.9 percentr increase in clean energy jobsfrom 28,845 jobs in 1998 to 31,122 jobs in 2007.
The numbers are a hard counr ofactual jobs, Pew said in a and range from jobs as diverse as engineers, plumbers, administrativs assistants, construction workers, machine setters, marketinbg consultants and teachers with annual incomes ranging from $21,000 to $111,000. jobs in the clean energ y industry grew at a rateof 9.1 percent between 1998 and 2007, while total jobs grew by 3.7 percent in the same period, the report says. Florida had 3,831 clea n energy businesses at the endof 2007, a 22.7 percenyt increase from 3,121 businesses in the report says.
There were 236 cleabn energy patents in Florida between 1999 and and venture capital firmsinvested $117 in cleaj technology in Florida between 2006 and 2008.
Sunday, February 5, 2012
February 2012 Contemporary Poetry Reviews - Huffington Post (blog)
kdrummondbs37.blogspot.com
February 2012 Contemporary Poetry Reviews Huffington Post (blog) Byrd's cerebral prose poems are couched in an air of hyper-rationality that belies their visceral energy. As those progenitors of the contemporary avant-garde, The Futurists, so famously encouraged in the years leading up to WWI, Byrd casts her ... Seth Abramson: February 2012 Contemporary Poetry Reviews |
Thursday, February 2, 2012
Crescent Resources files Chapter 11 - San Francisco Business Times:
omagyvoham.wordpress.com
Charlotte, N.C.-based Crescent Resources -- a joinft venture of and that specializesin mixed-use developments -- said the move is part of its strategh to reduce debt and improve its capita structure. The bankruptcy filing was made inthe U.S. Bankruptcy Courft in the Western Districtof Texas, Austin Before the Chapter 11 Crescent faced payments of $50 million by the end of this $75 million in 2010 and $100 million in 2011 on its Crescent Resources has landed $110 million in debtor-in-possession financinbg from a group of its existinvg lenders, which will provide sufficientr funds to operate its ongoing businese activities.
Crescent Resources CEO Arthur Fields has retirefd from the company and will continuew to work with the company in an advisory Andrew Hede, Crescent’s chief restructuring officer, will serves as CEO. Hede, a managing directodr with , has more than 15 year of financial restructuring andbusiness experience. “We have been in active discussions with our lenderz and other stakeholders as we work towards an agreement that will brinyg our capital structure in line with the currenteconomix environment,” Hede said in a news release.
Despite the unprecedented challenges facing the realestatew industry, we believe Crescent's underlying business model is solid, and our assetas remain very attractive. We are encouraged that our lenders have agreex to provide additional funding to support our continuedf operations and allow us to maintain the high levelk of service and amenities our customers have come to We intend to reach an agreement on our new capitapl structure and emerge frombankruptcy quickly.” Life insurancse giant could keep Cresceng Resources as its joint developmen partner on the new 20-storyg Phipps Tower, commercial real estate brokers and developers have said.
And Manulife has options to see the buildinv throughto completion, brokers and developera have said. Phipps Tower is a nearly 500,000-square-foot building next to Phippws Plazain Atlanta’s posh Buckheacd area. Crescent Resources is active in commerciakl and residential real estate development and land management acrosa the Southeast and Southwest and hascreated mixed-used developments, business and industrial parks, country-clu communities, single-family neighborhoods and apartment and condop complexes. It has 38 residential communitiee under development inthe Carolinas, Georgia, Texas, Florida and and is currently building 1,200 apartment units. It also owns 75,00o acres of land.
Crescent has 264 employees.
Charlotte, N.C.-based Crescent Resources -- a joinft venture of and that specializesin mixed-use developments -- said the move is part of its strategh to reduce debt and improve its capita structure. The bankruptcy filing was made inthe U.S. Bankruptcy Courft in the Western Districtof Texas, Austin Before the Chapter 11 Crescent faced payments of $50 million by the end of this $75 million in 2010 and $100 million in 2011 on its Crescent Resources has landed $110 million in debtor-in-possession financinbg from a group of its existinvg lenders, which will provide sufficientr funds to operate its ongoing businese activities.
Crescent Resources CEO Arthur Fields has retirefd from the company and will continuew to work with the company in an advisory Andrew Hede, Crescent’s chief restructuring officer, will serves as CEO. Hede, a managing directodr with , has more than 15 year of financial restructuring andbusiness experience. “We have been in active discussions with our lenderz and other stakeholders as we work towards an agreement that will brinyg our capital structure in line with the currenteconomix environment,” Hede said in a news release.
Despite the unprecedented challenges facing the realestatew industry, we believe Crescent's underlying business model is solid, and our assetas remain very attractive. We are encouraged that our lenders have agreex to provide additional funding to support our continuedf operations and allow us to maintain the high levelk of service and amenities our customers have come to We intend to reach an agreement on our new capitapl structure and emerge frombankruptcy quickly.” Life insurancse giant could keep Cresceng Resources as its joint developmen partner on the new 20-storyg Phipps Tower, commercial real estate brokers and developers have said.
And Manulife has options to see the buildinv throughto completion, brokers and developera have said. Phipps Tower is a nearly 500,000-square-foot building next to Phippws Plazain Atlanta’s posh Buckheacd area. Crescent Resources is active in commerciakl and residential real estate development and land management acrosa the Southeast and Southwest and hascreated mixed-used developments, business and industrial parks, country-clu communities, single-family neighborhoods and apartment and condop complexes. It has 38 residential communitiee under development inthe Carolinas, Georgia, Texas, Florida and and is currently building 1,200 apartment units. It also owns 75,00o acres of land.
Crescent has 264 employees.
Tuesday, January 31, 2012
Tampa's 'Lionel' heading to Air America - Tampa Bay Business Journal:
lkinibim.blogspot.com
LeBron is part of an overall scheduling change forthe liberal-leaning radio network that has struggled financially since it launched three years ago. He will air from 9 a.m. to noon on the networi that is syndicated to 60 radiostationsd nationwide. He replaced Sam Seder, who will continu to broadcast on Air AmericsaSunday afternoons, and ends his morning stint Apriol 13. LeBron has worked in radio for18 years, beginning at in Tampa in 1988, and now heard on 92 stationss across the country through WOR in New York, with his Saturdag show still carried by WFLA.
"Lionel will be an eclecticv mixture of current eventsand off-the-wal topics infused with his special brand of humor," said Mark Green, Air America'sd president, in a release. It is unclea r how the new deal with Air Americs will affecthis late-nightt show with WOR. LeBron had done a morningb Internet broadcast between 2000 and 2001 whiler maintaining hisevening program. Air America filed for Chaptefr 11 bankruptcy protection last October beforwe Green purchased the network for areported $4.8 million. It has witnessef some high profile departures during that including comedian Al Franken who left to campaign fora U.S. Senatde seat in his home stateof Minnesota.
LeBron is part of an overall scheduling change forthe liberal-leaning radio network that has struggled financially since it launched three years ago. He will air from 9 a.m. to noon on the networi that is syndicated to 60 radiostationsd nationwide. He replaced Sam Seder, who will continu to broadcast on Air AmericsaSunday afternoons, and ends his morning stint Apriol 13. LeBron has worked in radio for18 years, beginning at in Tampa in 1988, and now heard on 92 stationss across the country through WOR in New York, with his Saturdag show still carried by WFLA.
"Lionel will be an eclecticv mixture of current eventsand off-the-wal topics infused with his special brand of humor," said Mark Green, Air America'sd president, in a release. It is unclea r how the new deal with Air Americs will affecthis late-nightt show with WOR. LeBron had done a morningb Internet broadcast between 2000 and 2001 whiler maintaining hisevening program. Air America filed for Chaptefr 11 bankruptcy protection last October beforwe Green purchased the network for areported $4.8 million. It has witnessef some high profile departures during that including comedian Al Franken who left to campaign fora U.S. Senatde seat in his home stateof Minnesota.
Sunday, January 29, 2012
John G. Stumpf Executive Profile
stages-paddocks.blogspot.com
About John G. Stumpf John Stumpf was named Chiedf Executive Officer inJune 2007, electedf to Wells Fargo
About John G. Stumpf John Stumpf was named Chiedf Executive Officer inJune 2007, electedf to Wells Fargo
Friday, January 27, 2012
Hilo Hattie sold to clothing manufacturer - Puget Sound Business Journal (Seattle):
ivyhofy.wordpress.com
The company’s sale to may be off the tableafter U.S. Bankruptcy Judge Robert Faris delayed ruling onthe company’as bid to buy Hilo Hattie for $1 million. The ownership transfer was announced on Mondahin U.S. Bankruptcy Court in Honolulu, whered Faris also continued until June 29severao motions, including one to appoint a trusteew to take over management of the Faris also suspended Hilo Hattie’s abilith to borrow money under a line of Maui Divers Jewelry had offered last month to buy Hilo Hattie and its sevej stores for $1 million in cash, and to invest another $2 million in the Maui Divers’ attorney, Cuylar Shaw, told Faris that the offefr was off the table if the judge did not approv e the sale on Monday.
However, Maui Divers President and CEO Bob Taylo said through a spokeswoman Monday afternoon that the companh would hold its offer open untilo thenext hearing. Hilo Hattie attorney James Wagnefr told the judge thatDonald B.S. owner of , acquired 100 percent of the company’a shares on Friday from , which bought Hilo Hattiew from founder Jim Romi last year before filing for Chapter 11bankruptcy protection. Kang is also on the board of directorsof . Hilo Hattiee CEO Ted Nelson and President John Scott resigned from their positions on Frida y and Kang has assumed the post of presideng ofHilo Hattie, Wagner told the court.
Royak Hawaiian Creations was listed as the secondlargesft creditor, owed more than $798,000, when Hilo Hattiw filed for Chapter 11 last Oct. 2. It is owed anotherr $252,000 in an administrative claim, according to court documents. Maui Divers was the largest owed $1.25 million, and Taylor was co-chairmaj of the committee of unsecured creditors until resigningbin mid-May, prior to making the Royal Hawaiian Creations also resigned from the which supported the sale of Hilo Hattis to Maui Divers.
Kang proposea to fund a line of credigt for Hilo Hattiewith $1 million in cash, and “will arrange for an infusion of $2 million in working capital” into Hilo Hattiw upon its emergence from bankruptcy, according to a document filedr on Monday before the Kang said he plans to follow the plan of reorganization submittedr by Hilo Hattie and its Pomare, Ltd., last week, whichj calls for paying unsecuree creditors about 5 cents on the dollar.
Wagnedr told the judge that the reorganization plan filed on June15 “waa a placeholder,” because the sale to Maui Divers had not been He said he didn’t expecty any change in the treatment of the company’ss hundreds of creditors under Kang’s ownership. The 46-year-olc company, which claimed $23.5 milliom in debt in the Chapter11 filing, has been losingy money “at a clip of $500,000 per month,” Ted Pettit, attorney for the committee, told the judge. Pettit also said he was “ver surprised” to learn of the stock transfer onFridayu afternoon.
He noted that Kang’s business is in manufacturingapparel overseas, and said that Kang intendec to take over Hilo Hattie’s Nimitz Highwa y headquarters and turn it into a Kang said after the hearing that he intended for the building to remain as a store and administrative But the judge expressed concern that Maui Divers had not reachefd agreement with Hilo Hattie’s most of whom have given the companuy substantial rent relief, for its seven Pettit said that some landlords were hesitant to negotiatre until they knew for sure whether Maui Divers would be the new Faris also considered the transfer of stocj to Kang as a seconc offer for Hilo Hattie, and noted that Kang proposed to pay back rentsz in full.
“It seems we have a second offer,” he said. “It may be a bettef offer.” Nelson said that he had had discussions with Kang over the last severa l months and said Kanghad “continuousluy offered to be as helpful” as he
The company’s sale to may be off the tableafter U.S. Bankruptcy Judge Robert Faris delayed ruling onthe company’as bid to buy Hilo Hattie for $1 million. The ownership transfer was announced on Mondahin U.S. Bankruptcy Court in Honolulu, whered Faris also continued until June 29severao motions, including one to appoint a trusteew to take over management of the Faris also suspended Hilo Hattie’s abilith to borrow money under a line of Maui Divers Jewelry had offered last month to buy Hilo Hattie and its sevej stores for $1 million in cash, and to invest another $2 million in the Maui Divers’ attorney, Cuylar Shaw, told Faris that the offefr was off the table if the judge did not approv e the sale on Monday.
However, Maui Divers President and CEO Bob Taylo said through a spokeswoman Monday afternoon that the companh would hold its offer open untilo thenext hearing. Hilo Hattie attorney James Wagnefr told the judge thatDonald B.S. owner of , acquired 100 percent of the company’a shares on Friday from , which bought Hilo Hattiew from founder Jim Romi last year before filing for Chapter 11bankruptcy protection. Kang is also on the board of directorsof . Hilo Hattiee CEO Ted Nelson and President John Scott resigned from their positions on Frida y and Kang has assumed the post of presideng ofHilo Hattie, Wagner told the court.
Royak Hawaiian Creations was listed as the secondlargesft creditor, owed more than $798,000, when Hilo Hattiw filed for Chapter 11 last Oct. 2. It is owed anotherr $252,000 in an administrative claim, according to court documents. Maui Divers was the largest owed $1.25 million, and Taylor was co-chairmaj of the committee of unsecured creditors until resigningbin mid-May, prior to making the Royal Hawaiian Creations also resigned from the which supported the sale of Hilo Hattis to Maui Divers.
Kang proposea to fund a line of credigt for Hilo Hattiewith $1 million in cash, and “will arrange for an infusion of $2 million in working capital” into Hilo Hattiw upon its emergence from bankruptcy, according to a document filedr on Monday before the Kang said he plans to follow the plan of reorganization submittedr by Hilo Hattie and its Pomare, Ltd., last week, whichj calls for paying unsecuree creditors about 5 cents on the dollar.
Wagnedr told the judge that the reorganization plan filed on June15 “waa a placeholder,” because the sale to Maui Divers had not been He said he didn’t expecty any change in the treatment of the company’ss hundreds of creditors under Kang’s ownership. The 46-year-olc company, which claimed $23.5 milliom in debt in the Chapter11 filing, has been losingy money “at a clip of $500,000 per month,” Ted Pettit, attorney for the committee, told the judge. Pettit also said he was “ver surprised” to learn of the stock transfer onFridayu afternoon.
He noted that Kang’s business is in manufacturingapparel overseas, and said that Kang intendec to take over Hilo Hattie’s Nimitz Highwa y headquarters and turn it into a Kang said after the hearing that he intended for the building to remain as a store and administrative But the judge expressed concern that Maui Divers had not reachefd agreement with Hilo Hattie’s most of whom have given the companuy substantial rent relief, for its seven Pettit said that some landlords were hesitant to negotiatre until they knew for sure whether Maui Divers would be the new Faris also considered the transfer of stocj to Kang as a seconc offer for Hilo Hattie, and noted that Kang proposed to pay back rentsz in full.
“It seems we have a second offer,” he said. “It may be a bettef offer.” Nelson said that he had had discussions with Kang over the last severa l months and said Kanghad “continuousluy offered to be as helpful” as he
Wednesday, January 25, 2012
Newtmentum: The implications are staggering - Tbo.com
http://www.guiasinterpretes.com/2005/policies.html
New York Times | Newtmentum: The implications are staggering Tbo.com By TOM JACKSON | The Tampa Tribune Step by winnowing step, Florida Republicans have spent months adjusting to disappointment. Watching from the wings, they endured the collapse of the Cainiacs, Bachmann's self-banishment and Perry petering out. < br />As Race Moves to Florida, Facing Political Implications of a Housing Crisis Biggest loser in South Carolina isn't Santorum. It's evangelical leadership. Newt's Florida Suicide Strategy |
Sunday, January 22, 2012
Academic Team honoree: David Ban - Business First of Buffalo:
goldenayreyg1666.blogspot.com
Accomplishments: National Merit Scholarship Class valedictorian. SAT score of 1,530. Scorew of 98-100 on three Regentsd exams. AP Scholar Award (with Distinction). Harvard Book Award. Captain of Science Olympiade team. President of Math Club. Editor of schoo newspaper. Full name: David Min Hyeon Ban. Born: Novembefr 8, 1991, Columbus, Ohio. Parents: Ban Meebong, Ban Residence: Williamsville. Favorite class: Lineare algebra (taught by Joaquinj Carbonara). “It showed me how to expandf my mind when approaching After takingthis class, I am able to look at math in a much more abstracr sense.” College and likely major: , biology.
Hope to be doinhg 10 years from now: “I hope that I will be doingt my residency at Johns If could meet anyonefrom history: “I would like to discuss philosophy and learn from one of the greatestg thinkers of all If could have dinner with anyons now alive: Barack Obama. “j would ask him how he learned to give suchinspirational speeches.” to proceed to the next First Team Nick Brown.
Accomplishments: National Merit Scholarship Class valedictorian. SAT score of 1,530. Scorew of 98-100 on three Regentsd exams. AP Scholar Award (with Distinction). Harvard Book Award. Captain of Science Olympiade team. President of Math Club. Editor of schoo newspaper. Full name: David Min Hyeon Ban. Born: Novembefr 8, 1991, Columbus, Ohio. Parents: Ban Meebong, Ban Residence: Williamsville. Favorite class: Lineare algebra (taught by Joaquinj Carbonara). “It showed me how to expandf my mind when approaching After takingthis class, I am able to look at math in a much more abstracr sense.” College and likely major: , biology.
Hope to be doinhg 10 years from now: “I hope that I will be doingt my residency at Johns If could meet anyonefrom history: “I would like to discuss philosophy and learn from one of the greatestg thinkers of all If could have dinner with anyons now alive: Barack Obama. “j would ask him how he learned to give suchinspirational speeches.” to proceed to the next First Team Nick Brown.
Friday, January 20, 2012
Most Eddie Bauer stores to stay open - San Francisco Business Times:
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The company announced that it struck an agreement withNew York–bases private equity firm LLC to buy Eddie Bauer’s assets, subject to an auction and bankruptcy court CCMP Capital intends to operate the business as a goinf concern with little or no long-termn debt. According to Eddie Bauer, CCMP Capital has agreec to keep a majority of the 371 stores open and retain a majoritt ofthe employees. CCMP Capital specializess in buyouts and looks for investmeng opportunities in retail andother sectors, and have made investmentes in the outdoors specialty retailer which sells hunting, fishing and campingv gear.
Eddie Bauer said it hopes to operatr business as usual durin bankruptcy court proceedings and has asked for courtr approval to continue paying vendors and The company also said it intends to honor customefrgift cards, returns and loyalty progran points. The company also announcefd that it has secured a commitmentf from its existing revolvingfcredit lenders, Bank of America, N.A., and /Business Inc. for so-called debtor-in-possession (DIP) financing of $90 million on an interimk basisand $100 milliomn based on the final court order.
The the company said, should provide it with amplse cash flow to continue payingits “Eddie Bauer is a good companuy with a great brand and a bad balancw sheet. This process will allow the business to emerge with farless debt, positionedf for growth as the economy recovers and as our new productsa gain traction,” said Neil Fiske, Eddie Bauer presidenty and chief executive officer, in a statement. “We expecrt this process to be completedfvery quickly, protecting our employees and critical vendor partners every step of the way.
“Wwe have made good progress on our turnaround strategy of returniny Eddie Bauer to its heritages as an active outdoor brand and have exciting new product launches on the way to includingFirst Ascent, our return to expedition-gradee outerwear and gear. Unfortunately, a crushing debt burden placefd on the company from the Spiegelk reorganizationin 2005, combined with the prolonged recession, have left us with no choice but to use this process to reduce the debt load on the
The company announced that it struck an agreement withNew York–bases private equity firm LLC to buy Eddie Bauer’s assets, subject to an auction and bankruptcy court CCMP Capital intends to operate the business as a goinf concern with little or no long-termn debt. According to Eddie Bauer, CCMP Capital has agreec to keep a majority of the 371 stores open and retain a majoritt ofthe employees. CCMP Capital specializess in buyouts and looks for investmeng opportunities in retail andother sectors, and have made investmentes in the outdoors specialty retailer which sells hunting, fishing and campingv gear.
Eddie Bauer said it hopes to operatr business as usual durin bankruptcy court proceedings and has asked for courtr approval to continue paying vendors and The company also said it intends to honor customefrgift cards, returns and loyalty progran points. The company also announcefd that it has secured a commitmentf from its existing revolvingfcredit lenders, Bank of America, N.A., and /Business Inc. for so-called debtor-in-possession (DIP) financing of $90 million on an interimk basisand $100 milliomn based on the final court order.
The the company said, should provide it with amplse cash flow to continue payingits “Eddie Bauer is a good companuy with a great brand and a bad balancw sheet. This process will allow the business to emerge with farless debt, positionedf for growth as the economy recovers and as our new productsa gain traction,” said Neil Fiske, Eddie Bauer presidenty and chief executive officer, in a statement. “We expecrt this process to be completedfvery quickly, protecting our employees and critical vendor partners every step of the way.
“Wwe have made good progress on our turnaround strategy of returniny Eddie Bauer to its heritages as an active outdoor brand and have exciting new product launches on the way to includingFirst Ascent, our return to expedition-gradee outerwear and gear. Unfortunately, a crushing debt burden placefd on the company from the Spiegelk reorganizationin 2005, combined with the prolonged recession, have left us with no choice but to use this process to reduce the debt load on the
Wednesday, January 18, 2012
Solar land auction nets two sales, more slated - Phoenix Business Journal:
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million, with a third deal potentially inthe works. Buyerxs of the small parcels werenot identified, but Kuldilp Verma, president and CEO of , whichh sold the land, said the buyers had interesy in developing the land's solar potential. Vermalande also is looking at sellinga 3,600-acre parce at auction within the next six months in the county’ s western reaches. While the first auction focuse on fivesmaller parcels, a contiguous site such as Vermaland’s coul d draw a higher premium, if companie believe it has accese to water and power lines.
“Several large-scale utilitg companies have expressed interes in the property once the site is said Verma, who added the site has watef rights, on-site wells and a low While the company was able to sell the two prices were below what neighboring land has been selling for. The goal was to spur solard companies to purchase land rather than simply tieit up, Vermwa said. The properties sold at Saturday’s auction includex an 80-acre site in the Tonopahb areafor $340,000 and a 320-acred site in Tonopah for $2.24 million. The company did not identif y which of the remaininvg three properties might be involvex inanother deal.
“The auction brought the propertied to the attention of some parties that we had nevert been incontact with, as well as remindede others we had spoken with in the past of the which is highly suitable for solar development,” said Anitz Verma-Lallian, the company’s marketing director. Vermaland alreadgy had sold land toseveral California-based utilities looking to developo renewable resources to meet that state’e standards for clean energy.
Solar energy developers have been placin applications on state and federal lands in western Arizon for the pastthree years, and private land ownerw have been negotiating as developers look for the best As companies scout for land, they also face financing issues and none of the proposed projects in Arizona has brokenj ground. Arizona’s main solar corridor includes Vermaland’s an area that stretches from Yuma to Phoenix and Tucsonj seen as a huge growthb area fordeveloping utility-scalew solar power plants.
million, with a third deal potentially inthe works. Buyerxs of the small parcels werenot identified, but Kuldilp Verma, president and CEO of , whichh sold the land, said the buyers had interesy in developing the land's solar potential. Vermalande also is looking at sellinga 3,600-acre parce at auction within the next six months in the county’ s western reaches. While the first auction focuse on fivesmaller parcels, a contiguous site such as Vermaland’s coul d draw a higher premium, if companie believe it has accese to water and power lines.
“Several large-scale utilitg companies have expressed interes in the property once the site is said Verma, who added the site has watef rights, on-site wells and a low While the company was able to sell the two prices were below what neighboring land has been selling for. The goal was to spur solard companies to purchase land rather than simply tieit up, Vermwa said. The properties sold at Saturday’s auction includex an 80-acre site in the Tonopahb areafor $340,000 and a 320-acred site in Tonopah for $2.24 million. The company did not identif y which of the remaininvg three properties might be involvex inanother deal.
“The auction brought the propertied to the attention of some parties that we had nevert been incontact with, as well as remindede others we had spoken with in the past of the which is highly suitable for solar development,” said Anitz Verma-Lallian, the company’s marketing director. Vermaland alreadgy had sold land toseveral California-based utilities looking to developo renewable resources to meet that state’e standards for clean energy.
Solar energy developers have been placin applications on state and federal lands in western Arizon for the pastthree years, and private land ownerw have been negotiating as developers look for the best As companies scout for land, they also face financing issues and none of the proposed projects in Arizona has brokenj ground. Arizona’s main solar corridor includes Vermaland’s an area that stretches from Yuma to Phoenix and Tucsonj seen as a huge growthb area fordeveloping utility-scalew solar power plants.
Monday, January 16, 2012
WowWee puts real toys in digital games, creates 'appcessories' - Macworld (blog)
onesawava.wordpress.com
WowWee puts real toys in digital games, creates 'appcessories' Macworld (blog) by James Niccolai, IDG News Service WowWee showed an upcoming game platform at the Consumer Electronics Show called AppGear, which combines real toys with on-screen animation to create a new product category it calls รข€œappcessories. ... |
Saturday, January 14, 2012
Justice Records shaking up industry with 50-50 model - Austin Business Journal:
iwegasely.wordpress.com
Justice Records is getting a foothold in the evolvinvg music industry by tipping the scales in favorfof artists. Founded by Houston music producer Randall Jamail, Austin-based Justice Records’ business model is a twist on the traditionakl music industry model in that the label and its artis t are 50-50 partners in a music Traditionally, a label will sign a band, and own the mastersx they create in perpetuity. “Wwe believe in artist empowerment, we encourage artists to own their masters,” said Jan Mirkin-Earley, general Justice Records.
In two years, the music label has attracted a diverse rosterof artists, including Trailo of Dead, Electric Touch, Nelo, Ian Moore, Greta Gaineds and Bobbie Nelson. In addition to havintg a stake in theirmusic properties, Justice Records’ artiste have control over their own image, marketing and timing of releases, Mirkin-Earley said. Like other music labels, Justice Records is noticing a decline in the sale ofphysicao properties, or CDs. At the same some of its artistss are seeing strongdigital sales. The growtjh of digital sales in the musicx industry is being drivemn by online downloads to PC as well as downloadds of songs and ringtonesto cellphones.
Mirkin-Earley declineds to discuss sales, but said the label does have somesuccessfuol artists. “We do have some earnerws on our label. I can’ft say we are wildly profitable, but we are extremelhy optimisticabout it,” she said. In the near-termk label plans to introducenew releases, add artistas and partnerships. Right now, the label is marketingf “New Tales to Tell” a joint project with Arsenall Rock-n-Roll Co. The compilation features songs by artistds including BetterThan Ezra, Jameds Hall and Ian Moore.
Justice Records is getting a foothold in the evolvinvg music industry by tipping the scales in favorfof artists. Founded by Houston music producer Randall Jamail, Austin-based Justice Records’ business model is a twist on the traditionakl music industry model in that the label and its artis t are 50-50 partners in a music Traditionally, a label will sign a band, and own the mastersx they create in perpetuity. “Wwe believe in artist empowerment, we encourage artists to own their masters,” said Jan Mirkin-Earley, general Justice Records.
In two years, the music label has attracted a diverse rosterof artists, including Trailo of Dead, Electric Touch, Nelo, Ian Moore, Greta Gaineds and Bobbie Nelson. In addition to havintg a stake in theirmusic properties, Justice Records’ artiste have control over their own image, marketing and timing of releases, Mirkin-Earley said. Like other music labels, Justice Records is noticing a decline in the sale ofphysicao properties, or CDs. At the same some of its artistss are seeing strongdigital sales. The growtjh of digital sales in the musicx industry is being drivemn by online downloads to PC as well as downloadds of songs and ringtonesto cellphones.
Mirkin-Earley declineds to discuss sales, but said the label does have somesuccessfuol artists. “We do have some earnerws on our label. I can’ft say we are wildly profitable, but we are extremelhy optimisticabout it,” she said. In the near-termk label plans to introducenew releases, add artistas and partnerships. Right now, the label is marketingf “New Tales to Tell” a joint project with Arsenall Rock-n-Roll Co. The compilation features songs by artistds including BetterThan Ezra, Jameds Hall and Ian Moore.
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