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The Springfield, Massachusetts gun makee (Nasdaq: SWHC) recently secured a rare order from the India Police Force aftedr terrorists stormedMumbai hotels. With support from the U.S. Embassuy in New Delhi and the , Smith & Wesson secured an export license and began shipping weaponsin June. In its fiscal fourtuh quarter, the company secured order from several law enforcement agenciesin Mexico, whose drug-related violence is on the rise. The company on Mondaty said net sales for the fourtjh quarter that ended April 30 surged 20 percentto $99.5 million compared with the year-agl period. Net income during the quarter was $7.4 million, comparedd with $3.
3 million in the year-earlier Smith & Wesson President and CEO Michael F. Goldenb said in a statement the results reflectt a number of records for the including for cash levelws and unfilled customer ordersfor
Sunday, December 30, 2012
Saturday, December 29, 2012
White Pages will no longer be delivered automatically - St. Louis Business Journal:
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The PSC’s decision is a compromise to AT&T’s request that it no longe deliver the phone booksto customers. AT&T Floridza told the PSC that eliminating the automatic distribution of the residentialo white pagesis “an environmentally gree n endeavor and a cost saving measure” and that providinf a paper copy of the directory is “an inefficient use of resourcez in these touch economic times.” But commissioners also were worriesd about how it might impact customers’ abilityt to access information, said PSC Spokeswoman Kirste n Olsen.
Instead of doing away with therule altogether, commissionera agreed to give it a trial run, durinv which time it will gathee customer feedback. “Today’s decision allows the PSC to assess the practicalith of discontinuing printed residentialdirectoryh delivery, while continuing to provider directories to customers who want a PSC Chairman Matthew M. Carterd II said in a news release. As part of the AT&T must put a toll-free number on the coverd of the Yellow Pages that directs people to call if they want aWhite Pages. The directory will still be provided for free to thosre whorequest it.
AT&T Florida woulcd not disclose just how much money the waiver will citing confidentiality, according to its request to the PSC. AT&fT Florida already has begun a program to provide its Yelloww Pages and residential listingson CD-ROMj in certain areas of
The PSC’s decision is a compromise to AT&T’s request that it no longe deliver the phone booksto customers. AT&T Floridza told the PSC that eliminating the automatic distribution of the residentialo white pagesis “an environmentally gree n endeavor and a cost saving measure” and that providinf a paper copy of the directory is “an inefficient use of resourcez in these touch economic times.” But commissioners also were worriesd about how it might impact customers’ abilityt to access information, said PSC Spokeswoman Kirste n Olsen.
Instead of doing away with therule altogether, commissionera agreed to give it a trial run, durinv which time it will gathee customer feedback. “Today’s decision allows the PSC to assess the practicalith of discontinuing printed residentialdirectoryh delivery, while continuing to provider directories to customers who want a PSC Chairman Matthew M. Carterd II said in a news release. As part of the AT&T must put a toll-free number on the coverd of the Yellow Pages that directs people to call if they want aWhite Pages. The directory will still be provided for free to thosre whorequest it.
AT&T Florida woulcd not disclose just how much money the waiver will citing confidentiality, according to its request to the PSC. AT&fT Florida already has begun a program to provide its Yelloww Pages and residential listingson CD-ROMj in certain areas of
Thursday, December 27, 2012
Clayton Bryant - Hazard Herald
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Clayton Bryant Hazard Herald He is survived by his wife, Norma Bryant; daughters Teresa Combs, Linda Keith, Lisa Griess, and Heather Neace; brothers James and Lloyd Bryant; 12 grandchildren; three great-grandchildren; and a host of nieces, nephews, family, and friends. |
Wednesday, December 26, 2012
Soccer / English preview/ Red Devils eye tighter defense as league reaches ... - Haaretz
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Haaretz | Soccer / English preview/ Red Devils eye tighter defense as league reaches ... Haaretz Soccer / English preview/ Red Devils eye tighter defense as league reaches halfway point. Going into the 19th match of the campaign Tuesday against Newcastle, United has already conceded 25 times, just eight short of the total in 38 games last year ... |
Tuesday, December 25, 2012
Report: Zell might lose reins of Tribune - Business Courier of Cincinnati:
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According to the report, the company mighy fall into the hands of a groulp of banks and investor thatholds $8.6 billion in senior The report says that "the plan centerse on a debt-for-equity swap that probably wouls give the senior lenders a large majority ownership stake in the reorganizec company." The plan would also likelhy wipe out a $90 million warrant that Zell holda that would give him the righyt to buy 40 percenft of Tribune for about $500 The report says that Zell's future in the compant would likely be determined by the group, as it is unclea r if the group would want to bringb in a new management, or if Zell himself would want to remain with the The report says that "sources closes to both the creditors and the company said it is too earlu to make such decisions and Tribunde management continues to control the process becausre it currently has the exclusive right to propose whatever reor ganization plan it wishes.
" Tribune through a buyout led by The deal left the company with nearlu $12 billion in debt. Tribune has sold off assetes and cut jobs since the close of the deal to help with the debt Thecompany .
According to the report, the company mighy fall into the hands of a groulp of banks and investor thatholds $8.6 billion in senior The report says that "the plan centerse on a debt-for-equity swap that probably wouls give the senior lenders a large majority ownership stake in the reorganizec company." The plan would also likelhy wipe out a $90 million warrant that Zell holda that would give him the righyt to buy 40 percenft of Tribune for about $500 The report says that Zell's future in the compant would likely be determined by the group, as it is unclea r if the group would want to bringb in a new management, or if Zell himself would want to remain with the The report says that "sources closes to both the creditors and the company said it is too earlu to make such decisions and Tribunde management continues to control the process becausre it currently has the exclusive right to propose whatever reor ganization plan it wishes.
" Tribune through a buyout led by The deal left the company with nearlu $12 billion in debt. Tribune has sold off assetes and cut jobs since the close of the deal to help with the debt Thecompany .
Saturday, December 22, 2012
Two women-owned law firms merge - Minneapolis / St. Paul Business Journal:
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area have merged. The PLLC, a 20-year-old firm in has merged with Latimer/Strourd LLP, a 17-year-old firm in Latham. The new LLP, is located at 951 Albany Shaker Roadin Latimer/Stroud’s office was expanded from 2,500 square feet to 5,000o square feet. The new firm has 11 people. LaFave’xs focus was personal injury andmedical malpractice. Latimer/Stroud’ss general practice included matrimonial law, estates and Both firms had about $850,000 in revenue last Cynthia LaFave, founder of the LaFave said she andSue Latimer, foundetr of Latimer/Stroud, worked together in the mid-1990s. “Wew enjoyed working together,” LaFave said.
Latimer left to becomee a physician’s assistant. But surgery replacing both her knees cut short her medical career and she returnedto law. Latimer and LaFave discussed a possible merger eight months ago whiler eating at Athosin Guilderland. “We were talking abouf the two practices andhow they’d fit together,” LaFave said. “At the end of dinner, we ‘We need to explore Latimer added: “We did. And that’s why we’re here.
”
area have merged. The PLLC, a 20-year-old firm in has merged with Latimer/Strourd LLP, a 17-year-old firm in Latham. The new LLP, is located at 951 Albany Shaker Roadin Latimer/Stroud’s office was expanded from 2,500 square feet to 5,000o square feet. The new firm has 11 people. LaFave’xs focus was personal injury andmedical malpractice. Latimer/Stroud’ss general practice included matrimonial law, estates and Both firms had about $850,000 in revenue last Cynthia LaFave, founder of the LaFave said she andSue Latimer, foundetr of Latimer/Stroud, worked together in the mid-1990s. “Wew enjoyed working together,” LaFave said.
Latimer left to becomee a physician’s assistant. But surgery replacing both her knees cut short her medical career and she returnedto law. Latimer and LaFave discussed a possible merger eight months ago whiler eating at Athosin Guilderland. “We were talking abouf the two practices andhow they’d fit together,” LaFave said. “At the end of dinner, we ‘We need to explore Latimer added: “We did. And that’s why we’re here.
”
Friday, December 21, 2012
Reddit Donation Scandal Prompts Caution on 'Anonymous' Giving - U.S. News & World Report
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U.S. News & World Report | Reddit Donation Scandal Prompts Caution on 'Anonymous' Giving U.S. News & World Report News; Other sections: Health · Money · Education · Science · Travel · Cars · Law · U.S. News Home · Opinion · Washington Whispers · STEM · Debate Club · Subscribe |; C ontact Us · Home > News > Reddit Donation Scandal Prompts Caution on 'Anonymous' ... |
Wednesday, December 19, 2012
Charlie Baker quitting Harvard Pilgrim - Atlanta Business Chronicle:
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"Leaving the company is not an easy decisionfor me, but therer is no middle ground. I am eitheer the CEO of HarvardPilgrimj – or I’m building a campaign I cannot do Baker said in a statement released Wednesday In a fairwell Baker thanked Harvard Pilgrim's staffers and touted the organization's successes over the years. "Butt I also recognize the terrible financial and operational strain that will face statre and local government in the years I know both sectores prettywell — better than most, I wouls say — and I believe I can bring energy and leadership to the tasks that face state government in the yearz ahead.
” Baker, a Republican, is a former state secretary of administratioh and finance. CFO Brucre Bullen will be interim CEO atHarvard
"Leaving the company is not an easy decisionfor me, but therer is no middle ground. I am eitheer the CEO of HarvardPilgrimj – or I’m building a campaign I cannot do Baker said in a statement released Wednesday In a fairwell Baker thanked Harvard Pilgrim's staffers and touted the organization's successes over the years. "Butt I also recognize the terrible financial and operational strain that will face statre and local government in the years I know both sectores prettywell — better than most, I wouls say — and I believe I can bring energy and leadership to the tasks that face state government in the yearz ahead.
” Baker, a Republican, is a former state secretary of administratioh and finance. CFO Brucre Bullen will be interim CEO atHarvard
Tuesday, December 18, 2012
Business Matters: What Sirius XM's New Statutory Rates Mean for Labels, Artists - Billboard.biz
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The Tennessean | Business Matters: What Sirius XM's New Statutory Rates Mean for Labels, Artists Billboard.biz The statutory royalty rate established by the CRB is not applied to Sirius XM's top-line revenue (which Sirius XM forecasts will be $3.4 billion in 2012). According to a SoundExchange spokesperson, Sirius XM's rate assumes a 50-50 mix of music and ... Sirius Has Now Signed More Than 60 Direct Deals With Labels... Royalties - It's Not Over Til It's Over UPDATED: Royalties Sirius XM Pays Artists, Labels To Rise 37.5 ... |
Friday, December 14, 2012
SMF Energy announces $40M recapitalization - The Business Review (Albany):
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The company (NASDAQ: FUEL) said in a news releas that it estimates the recapitalization will reduceits short-ter debt by $9.5 million, its tota debt by $4.4 million and its cash requirement s for interest and dividends by more than $1 millio n a year. It said shareholders' equitu has been increased by morethan $4 milliomn as a result. SMF Energy said it extinguished all of itsexistinfg non-bank debt and outstanding preferred stock through various agreements with dozenws of existing debt and equity while converting its existing $25 million asset-basedd lending facility into a new, more favorable, three-year, $20 millionh asset-based lending facility and a $5 million, 60-montuh amortized term loan, the proceedw of which were used to pay down $4.
867 million in securede notes and $125,000 in unsecured The company said it issuefd new stock to make up the balance paid for the cancellationb and extinguishment of the existing investors' debt and equity securities. Fort Lauderdale-based SMF Energy said in the releasse that the recapitalization took places with amended agreements withand . It said the only non-bank debt incurred in the recapitalization was an unsecuredr subordinated promissory noteof $800,000 at 5.5 percent interestg issued to an existing institutionao investor in exchange for $800,000 of one of the August 2007 11 percenr senior secured convertible promissory notes.
The institutionall investor alsoexchanged $200,000 of the same securedx note for shares of common stock priced at 38 cent s a share, which was greater than the closing bid pricde of the stock on the day beford the effective date. acted as SMF Energy’ws placement agent for the recapitalization and receivedr feesof $380,000, paid with a combination of cash and pursuant to a Feb. 1 investment bankinf agreement. SMF Energy supplies specialized transportation and distributionh services for petroleum productsand chemicals.
It provides commercia l mobile andbulk fueling, along with other servicees to the transportation, manufacturing, construction, telecommunications and government services sectors. Formerly knowjn as , as of Nov. 30, it conductex operations through 31 service locations in 11 Shares closed down nearly 3 centes to about35 cents. The 52-week high was 71 cents on Aug. 28. The 52-weelk low was 10 cents on Feb. 20.
The company (NASDAQ: FUEL) said in a news releas that it estimates the recapitalization will reduceits short-ter debt by $9.5 million, its tota debt by $4.4 million and its cash requirement s for interest and dividends by more than $1 millio n a year. It said shareholders' equitu has been increased by morethan $4 milliomn as a result. SMF Energy said it extinguished all of itsexistinfg non-bank debt and outstanding preferred stock through various agreements with dozenws of existing debt and equity while converting its existing $25 million asset-basedd lending facility into a new, more favorable, three-year, $20 millionh asset-based lending facility and a $5 million, 60-montuh amortized term loan, the proceedw of which were used to pay down $4.
867 million in securede notes and $125,000 in unsecured The company said it issuefd new stock to make up the balance paid for the cancellationb and extinguishment of the existing investors' debt and equity securities. Fort Lauderdale-based SMF Energy said in the releasse that the recapitalization took places with amended agreements withand . It said the only non-bank debt incurred in the recapitalization was an unsecuredr subordinated promissory noteof $800,000 at 5.5 percent interestg issued to an existing institutionao investor in exchange for $800,000 of one of the August 2007 11 percenr senior secured convertible promissory notes.
The institutionall investor alsoexchanged $200,000 of the same securedx note for shares of common stock priced at 38 cent s a share, which was greater than the closing bid pricde of the stock on the day beford the effective date. acted as SMF Energy’ws placement agent for the recapitalization and receivedr feesof $380,000, paid with a combination of cash and pursuant to a Feb. 1 investment bankinf agreement. SMF Energy supplies specialized transportation and distributionh services for petroleum productsand chemicals.
It provides commercia l mobile andbulk fueling, along with other servicees to the transportation, manufacturing, construction, telecommunications and government services sectors. Formerly knowjn as , as of Nov. 30, it conductex operations through 31 service locations in 11 Shares closed down nearly 3 centes to about35 cents. The 52-week high was 71 cents on Aug. 28. The 52-weelk low was 10 cents on Feb. 20.
Thursday, December 13, 2012
BofA wording may cause more foreclosures - Puget Sound Business Journal (Seattle):
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Moore listed the home in Edmonds forabouf $30,000 less than she owed on the mortgage. She thoughy the “short sale” agreement signed with the bank meantr the bank would absorbthe loss. Then she discovere d that her lender, , mightf still come after her forthe difference. That means she may have to let the bank take back her or file for bankruptcy becausershe can’t afford to pay up.
Experts say the wording, whicn was recently and quietly addedr to Bankof America’s short-sale could have major ramifications for a large groulp of distressed homeowners in Washington and across the As one of the country’s largest home lenders and the largest bank by depositd in Washington —Bank of Americaw could end up pushing thousands more homeownersw into foreclosure or personal bankruptcy, said Richard Eastern, a short sale consultant in It’s unclear whether other lenders are following suit. But Bank of Americsa could be harming itself withthis tactic, Easternh says, because the foreclosures would have to be carried on its bookzs until sold.
Bank of Americ also owns , one of the largesg mortgage lenders inthe country. “You’re trying to do the right thingh by selling the said Eastern, of his clients. “But now you’rr going to owe them the difference. That’s huge.” Bank of America said in a statemeng that it asks for a promissoryy note fromsellers — the term used to describe the writte n promise to pay back the differencs — to protect its “investors and shareholdersz from the losses in a shortf sale.
” “Many investors and mortgage insurance companies requirew this process,” according to the The bank declined further While Bank of America’s short-sale agreement wording appears new, Kevi n Kim, a short- sale consultant in Seattle, said other lenderw have similar wording in their agreementa that would require homeowners to pay the moneu left on their loan amount. Bank of America’ short-sale agreement illustrates the financiall complexities facing hundreds of Washington homeowners strugglinyg to deal with underwatermortgages (in which the ownerd owes more than the housew sells for).
It also shows the tug-of-warf between banks and borroweras as banks try to recouop as much money as they can from theidfailed loans. As the foreclosure rate soars in Washington, and more homeowners are turninb toward short sales ina last-ditch attempt to offload their property before foreclosure hurt their credit score, say short-sale experts. Of the single family homes listed onthe , aboutt 12 percent — or 4,400 are listed as short sales, accordin to Eastern, who analyzed homes on the market. The Northwestr MLS doesn’t officially track short sales. But that’sz only an estimate. The real number is likely much as not every short sale is identified as he said.
The number also is growing. Although no loca l agency tracksthose figures, short-sale consultants and real estatwe agents say the volume in Washingto n has jumped dramatically in the last It’s not clear whether other banks will follow suit with Bank of Americ on short-sale agreements, but if they do, that woul d be “alarming,” said Jason president of the and vice president at Elliott Bay Mortgage in Bloom, who only recently learned about the issue, said at leastf two homeowners working with Elliott Bay Mortgag e could be affected it.
While Bloom isn’tg sure why Bank of America would changeits agreement, he said it’s likely the bank is attempting to avoids unnecessary short sales. “They’re trying to recoup any of theitrcosts and, at the very least, try and discourage some people who might be able to make it through without doing a shorr sale,” said Bloom. Short salee could become a dead end for said Eastern, who’s chief executive of . And that woule complicate the clearing of bad debts from thehousintg market. About a third of the 150 homeowners Eastermn is currently working with wouldc be affected by Bankof America’s more stringent shortf sale agreement.
At issude is a sentence in Bankof America’w agreement that says its mortgage servicingt arm “and/or its investors may pursued a deficiency judgment for the difference in the paymentr received and the total balancde due unless agreed otherwise or prohibited by That means Bank of Americaa could pursue a court order against a homeowner after the shorrt sale is completed. Under Washington law, it would have up to six yearsw todo so. That’s a scary proposition for Moore, who doesn’tr want to be on the line for thousandx of dollars after her condois sold.
She boughtg her 600-square-foot home in 2006 and is strugglinb to make herroughly $1,00p monthly mortgage payment while working two minimum-wage jobs and paying student loans for nursing school. She recentlyg put the condo on the marketfor $100,000, abouy $30,000 less than she bought it for duringt the height of the market thre years ago. “I didn’t want to go into because that’s not good for anyone,” she But that may end up beinv the cheapest optionfor Moore, even thoughb it would affect her credit and abilitty to get financing in the future. Anotheer option may be to file forpersonak bankruptcy.
“(The bank) is bette off doing the short sale, becauser they’re going to net more money than in a said Eastern. Often, homeowners are able to negotiate that wordinh out of the contract to alloww them to go through with the short saidconsultant Kim. Still, dealing with the lender can oftejn be a complicated andarduous task, making foreclosure seem almost like a relief. “Ir you Google ‘short sale’ and ‘misery,’ you’lo probably find 1 million hits,” Kim
Moore listed the home in Edmonds forabouf $30,000 less than she owed on the mortgage. She thoughy the “short sale” agreement signed with the bank meantr the bank would absorbthe loss. Then she discovere d that her lender, , mightf still come after her forthe difference. That means she may have to let the bank take back her or file for bankruptcy becausershe can’t afford to pay up.
Experts say the wording, whicn was recently and quietly addedr to Bankof America’s short-sale could have major ramifications for a large groulp of distressed homeowners in Washington and across the As one of the country’s largest home lenders and the largest bank by depositd in Washington —Bank of Americaw could end up pushing thousands more homeownersw into foreclosure or personal bankruptcy, said Richard Eastern, a short sale consultant in It’s unclear whether other lenders are following suit. But Bank of Americsa could be harming itself withthis tactic, Easternh says, because the foreclosures would have to be carried on its bookzs until sold.
Bank of Americ also owns , one of the largesg mortgage lenders inthe country. “You’re trying to do the right thingh by selling the said Eastern, of his clients. “But now you’rr going to owe them the difference. That’s huge.” Bank of America said in a statemeng that it asks for a promissoryy note fromsellers — the term used to describe the writte n promise to pay back the differencs — to protect its “investors and shareholdersz from the losses in a shortf sale.
” “Many investors and mortgage insurance companies requirew this process,” according to the The bank declined further While Bank of America’s short-sale agreement wording appears new, Kevi n Kim, a short- sale consultant in Seattle, said other lenderw have similar wording in their agreementa that would require homeowners to pay the moneu left on their loan amount. Bank of America’ short-sale agreement illustrates the financiall complexities facing hundreds of Washington homeowners strugglinyg to deal with underwatermortgages (in which the ownerd owes more than the housew sells for).
It also shows the tug-of-warf between banks and borroweras as banks try to recouop as much money as they can from theidfailed loans. As the foreclosure rate soars in Washington, and more homeowners are turninb toward short sales ina last-ditch attempt to offload their property before foreclosure hurt their credit score, say short-sale experts. Of the single family homes listed onthe , aboutt 12 percent — or 4,400 are listed as short sales, accordin to Eastern, who analyzed homes on the market. The Northwestr MLS doesn’t officially track short sales. But that’sz only an estimate. The real number is likely much as not every short sale is identified as he said.
The number also is growing. Although no loca l agency tracksthose figures, short-sale consultants and real estatwe agents say the volume in Washingto n has jumped dramatically in the last It’s not clear whether other banks will follow suit with Bank of Americ on short-sale agreements, but if they do, that woul d be “alarming,” said Jason president of the and vice president at Elliott Bay Mortgage in Bloom, who only recently learned about the issue, said at leastf two homeowners working with Elliott Bay Mortgag e could be affected it.
While Bloom isn’tg sure why Bank of America would changeits agreement, he said it’s likely the bank is attempting to avoids unnecessary short sales. “They’re trying to recoup any of theitrcosts and, at the very least, try and discourage some people who might be able to make it through without doing a shorr sale,” said Bloom. Short salee could become a dead end for said Eastern, who’s chief executive of . And that woule complicate the clearing of bad debts from thehousintg market. About a third of the 150 homeowners Eastermn is currently working with wouldc be affected by Bankof America’s more stringent shortf sale agreement.
At issude is a sentence in Bankof America’w agreement that says its mortgage servicingt arm “and/or its investors may pursued a deficiency judgment for the difference in the paymentr received and the total balancde due unless agreed otherwise or prohibited by That means Bank of Americaa could pursue a court order against a homeowner after the shorrt sale is completed. Under Washington law, it would have up to six yearsw todo so. That’s a scary proposition for Moore, who doesn’tr want to be on the line for thousandx of dollars after her condois sold.
She boughtg her 600-square-foot home in 2006 and is strugglinb to make herroughly $1,00p monthly mortgage payment while working two minimum-wage jobs and paying student loans for nursing school. She recentlyg put the condo on the marketfor $100,000, abouy $30,000 less than she bought it for duringt the height of the market thre years ago. “I didn’t want to go into because that’s not good for anyone,” she But that may end up beinv the cheapest optionfor Moore, even thoughb it would affect her credit and abilitty to get financing in the future. Anotheer option may be to file forpersonak bankruptcy.
“(The bank) is bette off doing the short sale, becauser they’re going to net more money than in a said Eastern. Often, homeowners are able to negotiate that wordinh out of the contract to alloww them to go through with the short saidconsultant Kim. Still, dealing with the lender can oftejn be a complicated andarduous task, making foreclosure seem almost like a relief. “Ir you Google ‘short sale’ and ‘misery,’ you’lo probably find 1 million hits,” Kim
Tuesday, December 11, 2012
Huntington 2Q earnings up; full-year guidance lowered - Business First of Columbus:
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Columbus-based Huntington (NASDAQ:HBAN) nettexd $101.4 million, or 25 cents a share, up from $80. million, or 34 cents a share, in the seconx quarter of last year. This year's second quarter included severa one-time charges and benefits, including $14.6 milliom in pre-tax merger costs related to the acquisitionm last year ofBowling Green-based Huntington also recorded more than $13 million in market-relatesd losses primarily on non-performing loans and equitu investments, which were partially offset by more than $7 million in gainds on debt extinguishment, securitiesx and mortgage loan sales. Net charge-offs in the second quarte jumped nearly 90 percentto $65.q million, compared with $34.
5 million last That represents about 0.64 percent of averagd loans, up from 0.52 percent a year ago. Second-quartefr net interest income surged 54 percentto $389.9 million, versusz $253.4 million a year ago, as non-interesg income from fees grew 51 percenyt to $236.4 million from $156.2 million last Huntington said during the quarter its cash flows with Jerseyg City, N.J.-based , a lender whosde exposure to the sub-prime crisis Huntingtonj acquired when it bought Sky, exceeded terms struck under a restructuring deal. As a Huntington said it moved $762 million out of non-performinvg asset status. For the first half, Huntington's profit shot up 30 percenty to $228.
4 million, or 59 cents a versus $176.2 million, or 74 cents a in the first six month sof 2007. Share earnings were diluted by a 62 percenyt increase in average outstanding stock compared with last Net interest income in the firsg halfwas $766.7 million, up 51 percenrt from $508.9 million last while non-interest income from fees year-to-date increased 57 percen to $472.2 million, up from $301.4 million. Despite the over-the-yeatr profit gain, the bank'sa expectations for the secondc halfbrought full-year earnings projections to a range betweenn $1.25 and $1.35 a share. That's down from previous projectiona in a rangebetween $1.454 and $1.50.
"This reduction in our guidancee from three months ago reflects secondequarter performance, but mostly a continuesd building of our allowance for credit losses in the seconx half of the year, although at a slower pace than the first half," Thomass Hoaglin, Huntington chairman, president and CEO, said in a
Columbus-based Huntington (NASDAQ:HBAN) nettexd $101.4 million, or 25 cents a share, up from $80. million, or 34 cents a share, in the seconx quarter of last year. This year's second quarter included severa one-time charges and benefits, including $14.6 milliom in pre-tax merger costs related to the acquisitionm last year ofBowling Green-based Huntington also recorded more than $13 million in market-relatesd losses primarily on non-performing loans and equitu investments, which were partially offset by more than $7 million in gainds on debt extinguishment, securitiesx and mortgage loan sales. Net charge-offs in the second quarte jumped nearly 90 percentto $65.q million, compared with $34.
5 million last That represents about 0.64 percent of averagd loans, up from 0.52 percent a year ago. Second-quartefr net interest income surged 54 percentto $389.9 million, versusz $253.4 million a year ago, as non-interesg income from fees grew 51 percenyt to $236.4 million from $156.2 million last Huntington said during the quarter its cash flows with Jerseyg City, N.J.-based , a lender whosde exposure to the sub-prime crisis Huntingtonj acquired when it bought Sky, exceeded terms struck under a restructuring deal. As a Huntington said it moved $762 million out of non-performinvg asset status. For the first half, Huntington's profit shot up 30 percenty to $228.
4 million, or 59 cents a versus $176.2 million, or 74 cents a in the first six month sof 2007. Share earnings were diluted by a 62 percenyt increase in average outstanding stock compared with last Net interest income in the firsg halfwas $766.7 million, up 51 percenrt from $508.9 million last while non-interest income from fees year-to-date increased 57 percen to $472.2 million, up from $301.4 million. Despite the over-the-yeatr profit gain, the bank'sa expectations for the secondc halfbrought full-year earnings projections to a range betweenn $1.25 and $1.35 a share. That's down from previous projectiona in a rangebetween $1.454 and $1.50.
"This reduction in our guidancee from three months ago reflects secondequarter performance, but mostly a continuesd building of our allowance for credit losses in the seconx half of the year, although at a slower pace than the first half," Thomass Hoaglin, Huntington chairman, president and CEO, said in a
Monday, December 10, 2012
Denver Post, MediaNews plan to start charging for Web news - Denver Business Journal:
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“We cannot continue to give all of our contentr awayfor free,” MediaNews CEO Willia m Dean Singleton and Presidentr Joseph “Jody” Lodovic said in a memo to companyu employees. The May 8 memo was reprinted Tuesday by the Poynter Institute’s Jim Romenesko and on its The memo is the latesy expression of a view that seemz to be gaining traction among mass-circulation newspaper publishers — that in the face of unprecedented advertising and circulation declines that have some predictinyg the demise of the American daily the old model of puttin all of a newspaper’s print content onlind for free may need to Media tycoon Rupert Murdoch — whose .
owns the Wall Streer Journal and other newspaperzs inthe U.S., Britain and Australia — said in an conference call May 7 that he expects his websites to start charging users for acceszs within a year. “It is clear to many newspapers that the currenyt modelis malfunctioning,” Murdocg said. “... The current days of [free content on] the Internet will soon be The MediaNewsmemo “We continue to do an injustice to our print subscriberzs and create perceptions that our content has no value by puttinbg all of our print content online for free.
Not only does this erode our print circulation, it devalues the core of our businese — the great local journalism we (and only we) produc on a daily basis.” Onlind advertising revenue for many daily newspapers has grown as print advertisingthas declined, but not nearl enough to cover the gap in most “Our interactive revenue growth has slowed becaused it has been too closely tied to our pringt classified business, which has suffered with the advenf of Craigslist and other free online classified the MediaNews memo says.
“[And] we are not significantly extending the reachy ofour audience, as our online productsx too closely resemble the newspaper, and thus fail to meaningfulluy reach the next generation of Under the MediaNews plan, "If a non-subscribed wants the newspaper content in its entiretgy online, they will be directed to some sort of registration or pay vehiclre (and if they are a print they will have full access at no charge)," the memo Newspapers across the country have been consideringf charging for access to online news, and it isn’ surprising that MediaNews could be one of the first major players to try it, said John Morton, a newspapee industry analyst in Silvefr Springs, Md.
MediaNews’ Singleton, who’s also chairman of the Associatedd Press, has been outspoken about unpaid reuse of online news and its effect onthe industry. But MediaNews will have to proceee slowly and phase in an onlins payment system gradually to reverse the perception that its online news is Morton said. “I don’t think you can do it or you’d risk losinbg everyone,” he said. The longstanding argument for makingh newspaper content available for free onlins is that Internet users are accustomed to receivin free content andmost won’t tolerate having to pay for it.
The thinking goes that readerse would simply switch to a competingy free news website ratherthan pay. Some newspaperzs provide print content for free online but requirde readers to register by providing basic personaklinformation — a practice that maked it easier for advertisers to reach target Still others — including the Denver Business Journal and its sisterd newspapers in the American City Business Journale chain — use a “lockout” system that makes print contentt available online only to paid subscribers, while online-only news updates (such as the one you’re readinbg now) are available free to all.
The Wall Streer Journal makes much of its prin content available only to subscribers and offersean online-only subscription option. The New York Timezs experimented with offering print content online fora fee, but has discontinued the experiment. Many including the Post, already sell digital replicas of their print MediaNews says it willnow “build a strategixc plan that places a value on our protects our core print business, extends the reachh of our audience, and creates new revenue opportunities online.
”
“We cannot continue to give all of our contentr awayfor free,” MediaNews CEO Willia m Dean Singleton and Presidentr Joseph “Jody” Lodovic said in a memo to companyu employees. The May 8 memo was reprinted Tuesday by the Poynter Institute’s Jim Romenesko and on its The memo is the latesy expression of a view that seemz to be gaining traction among mass-circulation newspaper publishers — that in the face of unprecedented advertising and circulation declines that have some predictinyg the demise of the American daily the old model of puttin all of a newspaper’s print content onlind for free may need to Media tycoon Rupert Murdoch — whose .
owns the Wall Streer Journal and other newspaperzs inthe U.S., Britain and Australia — said in an conference call May 7 that he expects his websites to start charging users for acceszs within a year. “It is clear to many newspapers that the currenyt modelis malfunctioning,” Murdocg said. “... The current days of [free content on] the Internet will soon be The MediaNewsmemo “We continue to do an injustice to our print subscriberzs and create perceptions that our content has no value by puttinbg all of our print content online for free.
Not only does this erode our print circulation, it devalues the core of our businese — the great local journalism we (and only we) produc on a daily basis.” Onlind advertising revenue for many daily newspapers has grown as print advertisingthas declined, but not nearl enough to cover the gap in most “Our interactive revenue growth has slowed becaused it has been too closely tied to our pringt classified business, which has suffered with the advenf of Craigslist and other free online classified the MediaNews memo says.
“[And] we are not significantly extending the reachy ofour audience, as our online productsx too closely resemble the newspaper, and thus fail to meaningfulluy reach the next generation of Under the MediaNews plan, "If a non-subscribed wants the newspaper content in its entiretgy online, they will be directed to some sort of registration or pay vehiclre (and if they are a print they will have full access at no charge)," the memo Newspapers across the country have been consideringf charging for access to online news, and it isn’ surprising that MediaNews could be one of the first major players to try it, said John Morton, a newspapee industry analyst in Silvefr Springs, Md.
MediaNews’ Singleton, who’s also chairman of the Associatedd Press, has been outspoken about unpaid reuse of online news and its effect onthe industry. But MediaNews will have to proceee slowly and phase in an onlins payment system gradually to reverse the perception that its online news is Morton said. “I don’t think you can do it or you’d risk losinbg everyone,” he said. The longstanding argument for makingh newspaper content available for free onlins is that Internet users are accustomed to receivin free content andmost won’t tolerate having to pay for it.
The thinking goes that readerse would simply switch to a competingy free news website ratherthan pay. Some newspaperzs provide print content for free online but requirde readers to register by providing basic personaklinformation — a practice that maked it easier for advertisers to reach target Still others — including the Denver Business Journal and its sisterd newspapers in the American City Business Journale chain — use a “lockout” system that makes print contentt available online only to paid subscribers, while online-only news updates (such as the one you’re readinbg now) are available free to all.
The Wall Streer Journal makes much of its prin content available only to subscribers and offersean online-only subscription option. The New York Timezs experimented with offering print content online fora fee, but has discontinued the experiment. Many including the Post, already sell digital replicas of their print MediaNews says it willnow “build a strategixc plan that places a value on our protects our core print business, extends the reachh of our audience, and creates new revenue opportunities online.
”
Thursday, December 6, 2012
Kerry, McCain kid one another about higher aspirations - The Hill (blog)
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Kerry, McCain kid one another about higher aspirations The Hill (blog) Sen. John McCain (R-Ariz.) gently mocked Sen. John Kerry (D-Mass.) about speculation the former Democratic presidential nominee could be named the next secretary of State â€" and earned a playful rebuke from the Massachusetts lawmaker. "Thank you ... |
Wednesday, December 5, 2012
Catamaran Sailing Attracts NASCAR-Type Crowd - ABC News
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Catamaran Sailing Attracts NASCAR-Type Crowd ABC News Catamaran Sailing Attracts NASCAR-Type Crowd. ABC's Nick Watt takes a ride on the high-speed racing boat that can reach 50 mph. 12/04/2012. Related Links: Catamaran Sailing Attracts Large Crowds · Woman Dies in Dive-Boat Mishap · America's Cup ... |
Monday, December 3, 2012
Joy Global profits rise 67 percent - Kansas City Business Journal:
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The Milwaukee-based mining equipment manufacturerf now projects that its fiscal 2009 sales tobe $3.5 billion to $3.6 billion, in the lower half of its previous outlooi of $3.5 billion to $3.7 Earnings, however, are expected to continue to benefit from cost reductionn efforts and are now projectedx to be $3.80 to $4 per share, in the highe end of the firm's priord guidance of $3.60 to $4 a share. In the fisca second quarter endedMay 1, net incomse surged to $120.5 million, or $1.1 7 per share, a 67 percent increase compared with $72.1 million, or 66 centss per share, for the comparablse period a year ago. Net sale grew 10 percent to $923.5 million from $843.11 million.
Analysts polled by Thomsonm First Call projectedJoy Global's second-quarter earnings to be 89 cente per share, on average. Afte r opening lower, shares of Joy Globall (NASDAQ: JOYG) rebounded to $36.00, up 58 cents, in morning tradinf Wednesday. Joy Global management said salee were being hurtby $96 million in canceledr orders in the second raising the total valud of canceled orders to $300 milliojn over the past three quarters. Sales were also beintg hurt by a slowdown in aftermarkerorder rates. Order cancellations were concentrated in North American coppet andiron ore, U.S.
Centralp Appalachian coal and Russian Joy Global now believes as muchas $525 millio of its remaining original equipment backlog could be at risk as Much of that risk is due to uncertaintyg with an oil sands project, Joy said. For the year to net income was $206.3 or $2 per share, compared with $143.2 or $1.31 per share, the year Net sales were up $1.68 billion from $1.48
The Milwaukee-based mining equipment manufacturerf now projects that its fiscal 2009 sales tobe $3.5 billion to $3.6 billion, in the lower half of its previous outlooi of $3.5 billion to $3.7 Earnings, however, are expected to continue to benefit from cost reductionn efforts and are now projectedx to be $3.80 to $4 per share, in the highe end of the firm's priord guidance of $3.60 to $4 a share. In the fisca second quarter endedMay 1, net incomse surged to $120.5 million, or $1.1 7 per share, a 67 percent increase compared with $72.1 million, or 66 centss per share, for the comparablse period a year ago. Net sale grew 10 percent to $923.5 million from $843.11 million.
Analysts polled by Thomsonm First Call projectedJoy Global's second-quarter earnings to be 89 cente per share, on average. Afte r opening lower, shares of Joy Globall (NASDAQ: JOYG) rebounded to $36.00, up 58 cents, in morning tradinf Wednesday. Joy Global management said salee were being hurtby $96 million in canceledr orders in the second raising the total valud of canceled orders to $300 milliojn over the past three quarters. Sales were also beintg hurt by a slowdown in aftermarkerorder rates. Order cancellations were concentrated in North American coppet andiron ore, U.S.
Centralp Appalachian coal and Russian Joy Global now believes as muchas $525 millio of its remaining original equipment backlog could be at risk as Much of that risk is due to uncertaintyg with an oil sands project, Joy said. For the year to net income was $206.3 or $2 per share, compared with $143.2 or $1.31 per share, the year Net sales were up $1.68 billion from $1.48
Sunday, December 2, 2012
Grand View, Penn Foundation closing their behavioral health unit - Philadelphia Business Journal:
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Both organizations are shifting their behavioral healthh focus away from inpatient care and more towardsoutpatient services. Penn Foundation of Sellersville, Pa., will continud to operate its crisis service program through the emergency departmenyt ofGrand View, also in and its crisis telephone hotline will Penn Foundation psychiatrists will remain on stafr at Grand View, where they will be on call to provid consultative psychiatric services to hospital inpatients. An estimatedr 14 full-time equivalent supporft staff employees of Grand View and three PennFoundation full-tims equivalent employees will lose their jobs as resulrt of the change.
They will be encouraged to pursue other existinbg opportunities with thetwo organizations. “A key factorr that has led to this decisionm is the very reduced level of utilizationh that is being experienced on the behavioral health unit,” said Stuart Fine, presidenrt and CEO of Grand View. “Neaw medication regimens and restructured outpatient approaches to care have had a remarkables impact uponbehavioral health. Our inpatienrt service that had long attended to 12 to 16 patientz per day is now attending to only six to eightysuch patients.
” Penn Foundation has pilotedx several programs in recent years that are specifically designe d to prevent hospitalization and to promote independenf living and community involvement. The organization is planning an expansionn of its facilities to supportthe community’s growingy demand for several levels of outpatienty services. “Penn Foundation and Grand View have had a close workinfg relationship that extends back for over50 years,” said John Penn Foundation CEO. “Oure organizations have coordinated in the development and operation of a varieth of programsand services.
This decisiojn has been made jointly, and we will continuw to cooperate in working to address as best we can the behavioraol health needs ofarea residents.”
Both organizations are shifting their behavioral healthh focus away from inpatient care and more towardsoutpatient services. Penn Foundation of Sellersville, Pa., will continud to operate its crisis service program through the emergency departmenyt ofGrand View, also in and its crisis telephone hotline will Penn Foundation psychiatrists will remain on stafr at Grand View, where they will be on call to provid consultative psychiatric services to hospital inpatients. An estimatedr 14 full-time equivalent supporft staff employees of Grand View and three PennFoundation full-tims equivalent employees will lose their jobs as resulrt of the change.
They will be encouraged to pursue other existinbg opportunities with thetwo organizations. “A key factorr that has led to this decisionm is the very reduced level of utilizationh that is being experienced on the behavioral health unit,” said Stuart Fine, presidenrt and CEO of Grand View. “Neaw medication regimens and restructured outpatient approaches to care have had a remarkables impact uponbehavioral health. Our inpatienrt service that had long attended to 12 to 16 patientz per day is now attending to only six to eightysuch patients.
” Penn Foundation has pilotedx several programs in recent years that are specifically designe d to prevent hospitalization and to promote independenf living and community involvement. The organization is planning an expansionn of its facilities to supportthe community’s growingy demand for several levels of outpatienty services. “Penn Foundation and Grand View have had a close workinfg relationship that extends back for over50 years,” said John Penn Foundation CEO. “Oure organizations have coordinated in the development and operation of a varieth of programsand services.
This decisiojn has been made jointly, and we will continuw to cooperate in working to address as best we can the behavioraol health needs ofarea residents.”
Thursday, November 29, 2012
Mirabilis companies face $400M fine - Orlando Business Journal:
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The companies listed in the indictmen are doing business asMirabilise HR, , , and doing business as Inc. They are chargee with conspiracy andwire fraud, and coul face fines of up to $400 million. The professional employee organizatiojn companies, along with chiefc executive Frank Amodeo, would divert payroll taxes collected from clients to the PEO accounts instead tothe , said U.S. Attorneh A. Brian Albritton. Taxes totaling $200 million were never paid tothe IRS, includinf $157.8 million in FICA and withholding prosecutors said. Despite proclaiming his innocence initially, Amodep pleaded guilty to charges of conspiring to commiyt wire fraud and obstruction of an agencyproceedingv Sept. 23.
He faces 25 yearsz in prison anda $1.25 million fine. Amodeo’xs sentencing is set for Jan. 16.
The companies listed in the indictmen are doing business asMirabilise HR, , , and doing business as Inc. They are chargee with conspiracy andwire fraud, and coul face fines of up to $400 million. The professional employee organizatiojn companies, along with chiefc executive Frank Amodeo, would divert payroll taxes collected from clients to the PEO accounts instead tothe , said U.S. Attorneh A. Brian Albritton. Taxes totaling $200 million were never paid tothe IRS, includinf $157.8 million in FICA and withholding prosecutors said. Despite proclaiming his innocence initially, Amodep pleaded guilty to charges of conspiring to commiyt wire fraud and obstruction of an agencyproceedingv Sept. 23.
He faces 25 yearsz in prison anda $1.25 million fine. Amodeo’xs sentencing is set for Jan. 16.
Tuesday, November 27, 2012
Two Garland teens among 4 people killed in head-on crash in rural Oklahoma - Dallas Morning News
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kjrh.com | Two Garland teens among 4 people killed in head-on crash in rural Oklahoma D » |
Saturday, November 24, 2012
Baltimore mayor to highlight new loan program - WTOP
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Baltimore mayor to highlight new loan program WTOP BALTIMORE - Baltimore Mayor Stephanie Rawlings-Blake will be touring sm » |
Thursday, November 22, 2012
Lender acquires 56 units in downtown Miami
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million deal and declared its mortgage satisfied. Some real estat e experts say the transaction was likel more about the lender improving its chances of recoverinygsome funds, rather than the straight-up This is the second bulk deal at the 516-unit downtownm Miami project this year, and it closes out nearly all of its Singer Island-based Welcome Bay bought 60 units in Decembed for $13 million. However, it is unclear from couryt documents whether the latest bulk deal was a simple sale or a deal in which the lendedr released the developer from the An officialat Miami-based declined to comment.
Miami-Dade Count y court records show that, on Marchh 19, Lendco Florida, a corporatiobn with an address inMenlo Park, Calif., acquirex the 56 units in Marinaw Blue for an average of $281,1178 each. The same day, Lendco Florida filec a satisfaction of mortgage based ona $30.5 million second mortgage it made the developere in February 2008. Miami Beach resident Thomas Jermoluk, who was listec as a manager of Lendco Florida inmortgage documents, also gave the developer a $5 millio personal mortgage. Jermoluk and his wife acquirede a unit in Marina Bluefor $200,000 on March 20. Chicago-basedc issued a satisfaction of mortgage notice on its firstg mortgage to the developer ofMarina Blue.
In the bank’ s annual report, it said that a Miam i condo loan classified as troublerd debt restructuring had an outstanding balancwof $8.7 million on Dec. 31, but was repaidc in full in March. Marina Blue was the only Corus-backeds project in Miami with a satisfaction issuedxin March. Lewis president of Miami-based , said it woulrd make sense for the holdee of a second mortgage on a condo projec t to take the units in exchange for forgivinf the debt if it believes the value of the unsold units is less than the outstanding balanc ofits loan. “Ib a lot of condo projects where there are secondmortgagews – those people will be very lucky to get Goodkin said.
“In many cases, the peoplew in the second position will bewiped out.” Goodkin believes Lendcko Florida’s most attractive optionm would be to form a renta pool with other Marina Blue investors and lease the units until property valueds improve.
million deal and declared its mortgage satisfied. Some real estat e experts say the transaction was likel more about the lender improving its chances of recoverinygsome funds, rather than the straight-up This is the second bulk deal at the 516-unit downtownm Miami project this year, and it closes out nearly all of its Singer Island-based Welcome Bay bought 60 units in Decembed for $13 million. However, it is unclear from couryt documents whether the latest bulk deal was a simple sale or a deal in which the lendedr released the developer from the An officialat Miami-based declined to comment.
Miami-Dade Count y court records show that, on Marchh 19, Lendco Florida, a corporatiobn with an address inMenlo Park, Calif., acquirex the 56 units in Marinaw Blue for an average of $281,1178 each. The same day, Lendco Florida filec a satisfaction of mortgage based ona $30.5 million second mortgage it made the developere in February 2008. Miami Beach resident Thomas Jermoluk, who was listec as a manager of Lendco Florida inmortgage documents, also gave the developer a $5 millio personal mortgage. Jermoluk and his wife acquirede a unit in Marina Bluefor $200,000 on March 20. Chicago-basedc issued a satisfaction of mortgage notice on its firstg mortgage to the developer ofMarina Blue.
In the bank’ s annual report, it said that a Miam i condo loan classified as troublerd debt restructuring had an outstanding balancwof $8.7 million on Dec. 31, but was repaidc in full in March. Marina Blue was the only Corus-backeds project in Miami with a satisfaction issuedxin March. Lewis president of Miami-based , said it woulrd make sense for the holdee of a second mortgage on a condo projec t to take the units in exchange for forgivinf the debt if it believes the value of the unsold units is less than the outstanding balanc ofits loan. “Ib a lot of condo projects where there are secondmortgagews – those people will be very lucky to get Goodkin said.
“In many cases, the peoplew in the second position will bewiped out.” Goodkin believes Lendcko Florida’s most attractive optionm would be to form a renta pool with other Marina Blue investors and lease the units until property valueds improve.
Wednesday, November 21, 2012
RTP to be hit as GlaxoSmithKline lays off 350 - Boston Business Journal:
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Glaxo (NYSE: GSK), which employs arouns 5,000 people in RTP and another 1,000 or so at a manufacturintg facilityin Zebulon, is not providinhg specific numbers of job losses by location. But RTP, alonf with Philadelphia, Italy and GSK's Londo n headquarters, will lose workers. This week's cuts mark the thirdd round of local layoffxs reported since GSK announcedxa $1.4 billion cost-cuttint program in October 2007. An unspecified numbedr of in a round of layoffs beginning in lateNovembere 2007, and were let go earlier this Nearly every big pharmaceutical company - including , , , , , , , and - has announcedf major cost-cutting efforts since the starft of 2007.
The companies have been hit hard by competitiomn fromgeneric drugs. They also have had a dearthu of new drugs coming out oftheir laboratories. The treatments that do make it throughh human trials facetougher U.S. who in the past few year have been burned by healtn scares related to drugse suchas Merck's Vioxx and GSK's own GSK, for its part, has pledged to boosyt its investment in research done outsidd the company under new CEO Andrew who succeeded Jean-Pierre Garnier in May. A report in Tuesday's Wall Street Journal says the company will look to academi a and fledgling biotechnology companies to improveits "Have we cornered the market on good ideas?
Witty told journalists in May, according to the WSJ
Glaxo (NYSE: GSK), which employs arouns 5,000 people in RTP and another 1,000 or so at a manufacturintg facilityin Zebulon, is not providinhg specific numbers of job losses by location. But RTP, alonf with Philadelphia, Italy and GSK's Londo n headquarters, will lose workers. This week's cuts mark the thirdd round of local layoffxs reported since GSK announcedxa $1.4 billion cost-cuttint program in October 2007. An unspecified numbedr of in a round of layoffs beginning in lateNovembere 2007, and were let go earlier this Nearly every big pharmaceutical company - including , , , , , , , and - has announcedf major cost-cutting efforts since the starft of 2007.
The companies have been hit hard by competitiomn fromgeneric drugs. They also have had a dearthu of new drugs coming out oftheir laboratories. The treatments that do make it throughh human trials facetougher U.S. who in the past few year have been burned by healtn scares related to drugse suchas Merck's Vioxx and GSK's own GSK, for its part, has pledged to boosyt its investment in research done outsidd the company under new CEO Andrew who succeeded Jean-Pierre Garnier in May. A report in Tuesday's Wall Street Journal says the company will look to academi a and fledgling biotechnology companies to improveits "Have we cornered the market on good ideas?
Witty told journalists in May, according to the WSJ
Tuesday, November 20, 2012
Dali etching fetches $21005 for Tacoma Goodwill - TheNewsTribune.com
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TheNewsTribune.com | Dali etching fetches $21005 for Tacoma Goodwill TheNewsTribune.com Dali etching fetches $21,005 for Tacoma Goodwill. Sold, for $21,005. That was the final bid Monday evening for a Salvador Dali etching anonymously donated at the Federal Way Goodwill donation station sponsored by Tacoma Goodwill. CR ROBERTS; Staff ... Dali etching donated to local Goodwill sells for $21005 Goodwill auctioning off Salvador Dali etching donated to store Hello, Dali! Hand-signed original shows up at Washington state thrift shop |
Sunday, November 18, 2012
Ohio EPA OKs air permit for SunCoke project - Business Courier of Cincinnati:
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Knoxville, Tenn.-based SunCoke with to build a facilityg adjacent toAK Steel’s Middletown Works that will use a heat recovery method to produce coke. AK Steep would purchase all of thecoke plant’d production for at least 20 years, The issues revolv around emission credits AK Steel earned when it closerd a sinter plant (whicnh processes raw materials into iron ore) in June and whether construction will begin within the mandated five years since the closure, according to the Journal-Newa story. The will have to agrees with theOhio EPA’s interpretation that the applicatioj date for the plant is the officiapl start of construction.
West Chester-based AK Steel (NYSE: AKS) buys about 25 percentf of its coke on the open but said it will run out of the raw material for steelp manufacturing by December 2009 if theplanr isn’t built, according to the
Knoxville, Tenn.-based SunCoke with to build a facilityg adjacent toAK Steel’s Middletown Works that will use a heat recovery method to produce coke. AK Steep would purchase all of thecoke plant’d production for at least 20 years, The issues revolv around emission credits AK Steel earned when it closerd a sinter plant (whicnh processes raw materials into iron ore) in June and whether construction will begin within the mandated five years since the closure, according to the Journal-Newa story. The will have to agrees with theOhio EPA’s interpretation that the applicatioj date for the plant is the officiapl start of construction.
West Chester-based AK Steel (NYSE: AKS) buys about 25 percentf of its coke on the open but said it will run out of the raw material for steelp manufacturing by December 2009 if theplanr isn’t built, according to the
Saturday, November 17, 2012
Michael Gove launches damning attack on child protection system - Communitycare.co.uk
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Epworth Bells | Michael Gove launches damning attack on child protection system Communitycare.co.uk Education secretary Michael Gove has launched a damning attack on the child protection system, admitting the state is failing in its duty to keep children safe. In a speech at the Institute of Public Policy Research today, where he launched Lord ... Damning report into failing children's services at Doncaster Council Reports into Edlington child abuse scandal 'Lives of hopelessness and despair': More children should be taken into care ... |
Thursday, November 15, 2012
San Antonio Rodeo wins marketing honors for TV spots - San Francisco Business Times:
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The rodeo won one Silver Tellyu and two Bronze Tellys for commercialas featuring rodeopersonalities Barrelman, Leon Coffee; Barebacjk Riding contestant Ryan Gray; and rodeo animal athletes. This is the thirfd consecutive year the local rodeo won marketing Anderson Marketing Group and ShootzProduction Group, both of San created and produced the commercials. The Tell Awards honor the best local, regional national cablew television commercialsand programs. The 29th Annualo Telly Awards receive morethan 14,00o entries from all 50 states and five continents. The stoco show and rodeo is managed by the San AntoniiLivestock Exposition. This the rodeo committed $8.
1 milliom to education in the formof scholarships, endowments, junior livestock auctions and other cash prizes. Sincwe the scholarship program beganin 1984, the rodelo has raised more than $96 million in www.sarodeo.com
The rodeo won one Silver Tellyu and two Bronze Tellys for commercialas featuring rodeopersonalities Barrelman, Leon Coffee; Barebacjk Riding contestant Ryan Gray; and rodeo animal athletes. This is the thirfd consecutive year the local rodeo won marketing Anderson Marketing Group and ShootzProduction Group, both of San created and produced the commercials. The Tell Awards honor the best local, regional national cablew television commercialsand programs. The 29th Annualo Telly Awards receive morethan 14,00o entries from all 50 states and five continents. The stoco show and rodeo is managed by the San AntoniiLivestock Exposition. This the rodeo committed $8.
1 milliom to education in the formof scholarships, endowments, junior livestock auctions and other cash prizes. Sincwe the scholarship program beganin 1984, the rodelo has raised more than $96 million in www.sarodeo.com
Wednesday, November 14, 2012
Obama picks venture capitalist to head SBA Advocacy Office - Business First of Columbus:
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Winslow Sargeant, a managing director in the technology practiceof Madison, Wis.-based Venturee Investors, is Obama’s choice. The Advocacy Office is an independenrt entity inside the SBA that ensures federal agencies consided the impact of their regulationxs onsmall businesses. The officw also conducts researchon small-business Sargeant, who earned a in electrical engineering at the Universit y of Wisconsin at Madison, workes as a senior engineer at severa large corporations before co-founding Aanetcom, a fableszs semiconductor company that later was acquired by From 2001 to 2005, he servedc as program manager for the Smal Business Innovation Research program at the National Science Foundation’s engineerinvg directorate.
He is the secondd venture capitalist to be selectec for a top SBA Karen Mills worked as a principal at private equity and venture capital firms for 26 yearw before she became the SBA administratorin Sargeant’s lack of legal training means he will have to rely heavilhy on the attorneys at the Officre of Advocacy. Much of the office’s work involvee analyzing whether government agencies follow federalp laws that require them to analyze the potential economidc impact of proposed rules on small The office also makes sure regulatorxs hearsmall businesses’ opinions abouyt regulations.
In fiscal this input saved small businessexsabout $11 billion in possible regulatory according to the office. The office’es acting counsel, Shawne Carter McGibbon, joined the officew in 1994, during the Bill Clinto administration. She previously worked for a Democratic membedr of Congress and has been an attorney for 20 An unnamed Obama administration official characterizecd McGibbon to reporters asa “Bush during a controversy over an interagench review of the Environmental Protection Agency’s finding that greenhouswe gas emissions pose a publicf health hazard.
The Officre of Advocacy concluded that regulating carbon dioxide under the Cleam Air Act likely wouldhave “serious economic consequences” on small businesses and othed regulated entities. Several press accounts quoted anonymous administratioh officials who said theAdvocacy Office’s criticism of the EPA findinvg came from an office “still stocked with Bush in the words of the Los Angeled Times. This dismissal of the office’s opinion upseg Rep. Darrell Issa of California, the ranking Republican on the HousOversight & Government Reforn Committee.
“There are hundreds of civil servants servinyg in a similar capacity throughout the federal governmentr who could also be characterizedeas ‘Bush holdovers,’” Issa wrots in a May 14 letter to “I sincerely hope that their professional adviced and decisions will not be discounted merely becauss they also worked for the federal governmeng under President George W. Bush.” For more: .
Microloansd up, big loans down for smalp businesses this year Lending data collected bythe SBA’sa Office of Advocacy confirms the importance of businesas credit cards to small A new report found that the total value of small-businesa loans outstanding increased by 4 percent in the 12 monthw that ended in June 2008, down from the previous year’es increase of 8 percent. These numbers are for all small-business not just SBA loans. The numberf of business loans of lessthan $100,000 jumpede by nearly 16 percent as largew lenders concentrated on credit cards, according to the study. In the number of business loans inthe $100,00o0 to $1 million range fell by more than 23 percent.
The repory used call reports submitted by banks as well as Communityg ReinvestmentAct data. Business loana of less than $1 million were considered to be small-businesa loans. Based on call report the top five small-business lenders in June 2008 were American Capital One, Regions Financial Corp., Synovus Financial Corp. and First Citizehn Bancshares Inc. The report also lists the mostactive small-business lenders in each state.
“In the current financiapl climate, it’s especially critical for smalkl firms to know which bankz and financial institutions have been the most likely to make smalk andmicrobusiness loans,” said economist Victoriza Williams, a co-author of the For more: .
Winslow Sargeant, a managing director in the technology practiceof Madison, Wis.-based Venturee Investors, is Obama’s choice. The Advocacy Office is an independenrt entity inside the SBA that ensures federal agencies consided the impact of their regulationxs onsmall businesses. The officw also conducts researchon small-business Sargeant, who earned a in electrical engineering at the Universit y of Wisconsin at Madison, workes as a senior engineer at severa large corporations before co-founding Aanetcom, a fableszs semiconductor company that later was acquired by From 2001 to 2005, he servedc as program manager for the Smal Business Innovation Research program at the National Science Foundation’s engineerinvg directorate.
He is the secondd venture capitalist to be selectec for a top SBA Karen Mills worked as a principal at private equity and venture capital firms for 26 yearw before she became the SBA administratorin Sargeant’s lack of legal training means he will have to rely heavilhy on the attorneys at the Officre of Advocacy. Much of the office’s work involvee analyzing whether government agencies follow federalp laws that require them to analyze the potential economidc impact of proposed rules on small The office also makes sure regulatorxs hearsmall businesses’ opinions abouyt regulations.
In fiscal this input saved small businessexsabout $11 billion in possible regulatory according to the office. The office’es acting counsel, Shawne Carter McGibbon, joined the officew in 1994, during the Bill Clinto administration. She previously worked for a Democratic membedr of Congress and has been an attorney for 20 An unnamed Obama administration official characterizecd McGibbon to reporters asa “Bush during a controversy over an interagench review of the Environmental Protection Agency’s finding that greenhouswe gas emissions pose a publicf health hazard.
The Officre of Advocacy concluded that regulating carbon dioxide under the Cleam Air Act likely wouldhave “serious economic consequences” on small businesses and othed regulated entities. Several press accounts quoted anonymous administratioh officials who said theAdvocacy Office’s criticism of the EPA findinvg came from an office “still stocked with Bush in the words of the Los Angeled Times. This dismissal of the office’s opinion upseg Rep. Darrell Issa of California, the ranking Republican on the HousOversight & Government Reforn Committee.
“There are hundreds of civil servants servinyg in a similar capacity throughout the federal governmentr who could also be characterizedeas ‘Bush holdovers,’” Issa wrots in a May 14 letter to “I sincerely hope that their professional adviced and decisions will not be discounted merely becauss they also worked for the federal governmeng under President George W. Bush.” For more: .
Microloansd up, big loans down for smalp businesses this year Lending data collected bythe SBA’sa Office of Advocacy confirms the importance of businesas credit cards to small A new report found that the total value of small-businesa loans outstanding increased by 4 percent in the 12 monthw that ended in June 2008, down from the previous year’es increase of 8 percent. These numbers are for all small-business not just SBA loans. The numberf of business loans of lessthan $100,000 jumpede by nearly 16 percent as largew lenders concentrated on credit cards, according to the study. In the number of business loans inthe $100,00o0 to $1 million range fell by more than 23 percent.
The repory used call reports submitted by banks as well as Communityg ReinvestmentAct data. Business loana of less than $1 million were considered to be small-businesa loans. Based on call report the top five small-business lenders in June 2008 were American Capital One, Regions Financial Corp., Synovus Financial Corp. and First Citizehn Bancshares Inc. The report also lists the mostactive small-business lenders in each state.
“In the current financiapl climate, it’s especially critical for smalkl firms to know which bankz and financial institutions have been the most likely to make smalk andmicrobusiness loans,” said economist Victoriza Williams, a co-author of the For more: .
Tuesday, November 13, 2012
Wineries face another year of dizzying change - San Francisco Business Times:
adepylex.blogspot.com
Consolidation among wine producers, and among beer and spirits distributors, major retailers and others, is creating a new worlde order that puts a premium on gettingproducts -- whether from Napa Livermore, upstate New York, Chile, South Africa or Bordeaux -- distributef efficiently across the nation and arounxd the world. Locally, that's affectingh everyone in the Bay Area, from the largest of the large -- huge conglomerates like , , , the , -- to family-owned or niche wineries that also need to findways (includinvg more effective use of the Internet and othefr techniques) to compete in the emergingh global marketplace.
The new year coulrd see yet more consolidation, as giants like Bronco and others look for the right niche playersw to add totheir empires. Constellation is likelyt to continue its pattern of growtby acquisition, sources say, and tablde wine specialists like Bronco, Wine Group, Delicato Vineyardd and Gallo may be forced to make global movex as low-cost vineyards in the Centralo Valley are paved over to make room for suburba n sprawl. Consultant Deborah Steinthal of Scion Advisorws said as retailers and distributorsgrow larger, they "want to work with fewedr brands," putting pressure on producera to join forces as well.
More politicapl and legislative battlesover direct-to-consume shipping may be in store, the result of the the May 2005 U.S. Supremse Court decision requiring states to provide a levekl playing fieldto in-state and out-of-state wine producers. Bobbgy Koch, president and CEO of the San Francisco-based , for predicted Florida could once again be abattlegroun state, as opponents of direct shipping to consumersw have another go at the legislative procesa there.
And in in terms of wine labels, "we're seeingf increased efforts to protect countynames (liks Napa, Sonoma and others) unlesws the fruit comes from that or region, said Susan wine and alcoholic beverage industryt specialist at the San Francisco office of . That's because California producers increasinglty recognize the importance of branding theird grapes and wines in the rapidly emerging global Many industry eyes are also watchingh Australia andNew Zealand, which continue to grab heft shares of the U.S. along with other so-called New Worlfd producers, and the European which is attempting to revamp its entirrwine sector.
Finally, expecr to see more motion on the organic and sustainableeagriculture fronts, where there's been a 24 percent jump sinc 2004 in the number of California wineries and growers adopting green practices. Franziaa is best known for starting the wildlyhsuccessful "Two Buck Chuck," $2 bottles of Charles Shaw wine sold at Tradert Joe's, nearly five years ago. But Franzia also regularly wranglex with the powers that beover appellation-relatee issues, and is enmeshed in a new dispute. Franzia'ws Bronco Wine Co., based in the bucolif Central Valley outpostof Ceres, has introduce d a new brand known as Santa Barbara Landing that retails for $4.
90 -- some see a distinct resemblancr between its label and typeface and those used by Southlands pioneer Santa Barbara Winery on its pricie $14 chardonnay. By virtue of his idiosyncratidc and oftencombative approach, Franzia's alwaysa worth watching -- plus, industry observers say, Franzia'se fast-growing Bronco may be in an acquisitivr mood, which could mean new purchasew at what he has callerd the "southern," or low, end of the wine business. Said spokesman Harvey Posert: "Bronco is always lookinfg for opportunities, whether in the vineyards, the bulk wine or in brand building.
" In the industry's mid- and upperd reaches, major consolidators like Constellation Brands, with its Constellation Wineas outpost in San Francisco and fine wine unitin St. may also be in the mood to makemerger It's hard to say who's most likely to do the most or bigges t deals, but Constellation is certainly a logicap contender. Its upstate New York-based parenty made an acquisition in late 2004 and another in eachroughly $1.3 engulfing and into its growing global empire, includinbg a number of assets locally. If Constellation makes any big dealsd in 2007 with alocal impact, Constellation Wines' U.S.
presidenrt and CEO Jose Fernandez and Icon President Chris Fehrnstrom will leadthe charge. But any M&A activity is coordinated by the headquarters folkwsback East, and they're not talking about although spokesman Mike Martin "when an opportunity comes by in the wine such as Robert Mondavi, Rex Goliath or Vincor, we have not shierd away."
Consolidation among wine producers, and among beer and spirits distributors, major retailers and others, is creating a new worlde order that puts a premium on gettingproducts -- whether from Napa Livermore, upstate New York, Chile, South Africa or Bordeaux -- distributef efficiently across the nation and arounxd the world. Locally, that's affectingh everyone in the Bay Area, from the largest of the large -- huge conglomerates like , , , the , -- to family-owned or niche wineries that also need to findways (includinvg more effective use of the Internet and othefr techniques) to compete in the emergingh global marketplace.
The new year coulrd see yet more consolidation, as giants like Bronco and others look for the right niche playersw to add totheir empires. Constellation is likelyt to continue its pattern of growtby acquisition, sources say, and tablde wine specialists like Bronco, Wine Group, Delicato Vineyardd and Gallo may be forced to make global movex as low-cost vineyards in the Centralo Valley are paved over to make room for suburba n sprawl. Consultant Deborah Steinthal of Scion Advisorws said as retailers and distributorsgrow larger, they "want to work with fewedr brands," putting pressure on producera to join forces as well.
More politicapl and legislative battlesover direct-to-consume shipping may be in store, the result of the the May 2005 U.S. Supremse Court decision requiring states to provide a levekl playing fieldto in-state and out-of-state wine producers. Bobbgy Koch, president and CEO of the San Francisco-based , for predicted Florida could once again be abattlegroun state, as opponents of direct shipping to consumersw have another go at the legislative procesa there.
And in in terms of wine labels, "we're seeingf increased efforts to protect countynames (liks Napa, Sonoma and others) unlesws the fruit comes from that or region, said Susan wine and alcoholic beverage industryt specialist at the San Francisco office of . That's because California producers increasinglty recognize the importance of branding theird grapes and wines in the rapidly emerging global Many industry eyes are also watchingh Australia andNew Zealand, which continue to grab heft shares of the U.S. along with other so-called New Worlfd producers, and the European which is attempting to revamp its entirrwine sector.
Finally, expecr to see more motion on the organic and sustainableeagriculture fronts, where there's been a 24 percent jump sinc 2004 in the number of California wineries and growers adopting green practices. Franziaa is best known for starting the wildlyhsuccessful "Two Buck Chuck," $2 bottles of Charles Shaw wine sold at Tradert Joe's, nearly five years ago. But Franzia also regularly wranglex with the powers that beover appellation-relatee issues, and is enmeshed in a new dispute. Franzia'ws Bronco Wine Co., based in the bucolif Central Valley outpostof Ceres, has introduce d a new brand known as Santa Barbara Landing that retails for $4.
90 -- some see a distinct resemblancr between its label and typeface and those used by Southlands pioneer Santa Barbara Winery on its pricie $14 chardonnay. By virtue of his idiosyncratidc and oftencombative approach, Franzia's alwaysa worth watching -- plus, industry observers say, Franzia'se fast-growing Bronco may be in an acquisitivr mood, which could mean new purchasew at what he has callerd the "southern," or low, end of the wine business. Said spokesman Harvey Posert: "Bronco is always lookinfg for opportunities, whether in the vineyards, the bulk wine or in brand building.
" In the industry's mid- and upperd reaches, major consolidators like Constellation Brands, with its Constellation Wineas outpost in San Francisco and fine wine unitin St. may also be in the mood to makemerger It's hard to say who's most likely to do the most or bigges t deals, but Constellation is certainly a logicap contender. Its upstate New York-based parenty made an acquisition in late 2004 and another in eachroughly $1.3 engulfing and into its growing global empire, includinbg a number of assets locally. If Constellation makes any big dealsd in 2007 with alocal impact, Constellation Wines' U.S.
presidenrt and CEO Jose Fernandez and Icon President Chris Fehrnstrom will leadthe charge. But any M&A activity is coordinated by the headquarters folkwsback East, and they're not talking about although spokesman Mike Martin "when an opportunity comes by in the wine such as Robert Mondavi, Rex Goliath or Vincor, we have not shierd away."
Friday, November 9, 2012
Pepco seeks $254M in stimulus money - Washington Business Journal:
qalymeled.wordpress.com
the mid-Atlantic and New The grants, if approved, would come from the Departmentr of Energy under the American Recovery and Revitalizatioj Act Smart Grid InvestmentGrant Program. Pepco is seeking the largest funding for smartgrid technology, $142 million, to help pay for advancedd metering, distribution automation and direct load equipmeny in the District and Maryland. Pepco’s Delmarva which has customers in Marylandand Delaware, is seeking $93 million in smart grid grants for similar upgrades.
Pepco’s Atlantic City Electric, with customers in Southernj New Jersey, will apply for $19 “Every dollar we obtain from the federal governmenyt offsets the cost customers would otherwise pay to make these important improvements tothe system,” said Pepcoi Region president Thomas Graham in a statement. The amounts requestedx would pay for half of the total cost of the maximum possible under the grant Pepco said. Pepco (NYSE: POM) follows Baltimore Gas Electric, which is applying for $200 millionb in smart grid stimulus funds. Dominionb Power is also seeking $200 million in stimulus grantzs to install smart meters in each ofits territory’sz 2.
3 million homes and businesses by 2012, two years earlieer than originally planned when the Virgini utility first announced its $600 millioj smart grid plans last In a separate electric utility studyt whose results were released Thursday, Pepco had the highesf jump of any utility nationwide in customedr satisfaction from last year to this going from an 11th place ranking to fourth place amonvg 17 large utilites in the easterjn region, which covers Maryland and D.C.
In that same list, BG&s ranked as the 15th Though, Pepco scored one point shy of the nationak average in customerreviews -- which through online interviews, rated the utilities on power quality, grid reliability, price, billing, corporates citizenship, communications and customer Still, the local utility scored well above the easterh regional average. Dominion Virginia Powere ranked ninth this year amonv 13large utilites, earning one more point than the nationao average, but scoring below the high regionak average in the southern region, which includes Virginia.
the mid-Atlantic and New The grants, if approved, would come from the Departmentr of Energy under the American Recovery and Revitalizatioj Act Smart Grid InvestmentGrant Program. Pepco is seeking the largest funding for smartgrid technology, $142 million, to help pay for advancedd metering, distribution automation and direct load equipmeny in the District and Maryland. Pepco’s Delmarva which has customers in Marylandand Delaware, is seeking $93 million in smart grid grants for similar upgrades.
Pepco’s Atlantic City Electric, with customers in Southernj New Jersey, will apply for $19 “Every dollar we obtain from the federal governmenyt offsets the cost customers would otherwise pay to make these important improvements tothe system,” said Pepcoi Region president Thomas Graham in a statement. The amounts requestedx would pay for half of the total cost of the maximum possible under the grant Pepco said. Pepco (NYSE: POM) follows Baltimore Gas Electric, which is applying for $200 millionb in smart grid stimulus funds. Dominionb Power is also seeking $200 million in stimulus grantzs to install smart meters in each ofits territory’sz 2.
3 million homes and businesses by 2012, two years earlieer than originally planned when the Virgini utility first announced its $600 millioj smart grid plans last In a separate electric utility studyt whose results were released Thursday, Pepco had the highesf jump of any utility nationwide in customedr satisfaction from last year to this going from an 11th place ranking to fourth place amonvg 17 large utilites in the easterjn region, which covers Maryland and D.C.
In that same list, BG&s ranked as the 15th Though, Pepco scored one point shy of the nationak average in customerreviews -- which through online interviews, rated the utilities on power quality, grid reliability, price, billing, corporates citizenship, communications and customer Still, the local utility scored well above the easterh regional average. Dominion Virginia Powere ranked ninth this year amonv 13large utilites, earning one more point than the nationao average, but scoring below the high regionak average in the southern region, which includes Virginia.
Wednesday, November 7, 2012
Solar Array, Gen. Mills detail expansions - Boston Business Journal:
youngmanmeledero1636.blogspot.com
broke ground April 5 on the $100 176,000-square-foot expansion of its manufacturingfacility here, Keitg Bone, general manager of the local facility, told membersa of . AED held its quarterlyg meeting Thursdayat . Joe Hudgins, president and CEO of Solart Array Ventures, outlined his company’s plan to builds a massive solar manufacturing plant onthe city’s General Mills’ expansion should be completed by Bone said. The cereal manufacture r will hire 60additional employees, bringing additional payrolll to the area of $3.5 The expansion also brings $30 million in spendint to New Mexico.
The Albuquerque City Councikl approveda $100 million industrial revenue bond deal for the companuy in February. BE&K Corp. from North Carolina landeds the design/build contract to build the expansion, but Bone said 80 perceng of the firm’s spending and employees will be The precast panels beingf used in the construction are manufactured in General Mills has been in Albuquerquesince 1991. Its currenf facility is located near Paseoi del Norte and Edith and has 190 with an annual payrollof $12 million, said The 275,000-square-foot plant produces aboutr 135 million pounds annually of 35 differentf cereals.
The facility also has a lab on-sitde where the instructions for baking General Mills productsz at high altitudesare created. The company has given aboutf $5 million to area nonprofitd since 1998and $519,000 in scholarships, Bone added. Don Power, chairman of AED, said the cereal company’sz donations illustrate one of the things the organization looke for inrecruiting companies: community involvement. Hudginzs said Solar Array plans to break ground by the thirxd quarter of this year ona 225,000-square-foot thin-film photovoltaic manufacturing plan in the Cordero Mesa business park, west of the mattressd factory.
The company plans to add three more buildings of that size as it he said, with each facilityu employing about 225. Its annual payroll in the first phase wouldfbe $14 million. About five percent of the jobs would pay 45 percent wouldpay $70,000 and half of the jobs would pay The capital investment for the first phase will be $170 milliojn and the company would spend $40 million annually for raw The first phase is expected to have a capacity of 75 but that would grow to 300 mw with the full The plant also will have a space that will serve as a community and educational center.
Solar Array is seeking $175 millionj in industrial revenue bonds from Bernalillo The company is workinbg toraise $210 million in debt and Hudgins said. Hudgins said New Mexiclo beat out two other states for the despite the fact that it did not offer thelargesft incentives. But the coordination amonv local and state governmentf officials and other parties made New Mexico far more efficienyt in establishing a planning framework that the company coulrd then use to plan a budget for the hesaid “That was a majot issue for us,” Hudgins said. He also praisedx the labor force here and theeducationapl institutions.
The facility is being designed byPageSoutherlandPage LLP, whic h has Texas offices in Austin, Dallaw and Houston, as well as Washington, D.C. and London, U.K. Hoffman based in Portland, Ore., is building the facility.
broke ground April 5 on the $100 176,000-square-foot expansion of its manufacturingfacility here, Keitg Bone, general manager of the local facility, told membersa of . AED held its quarterlyg meeting Thursdayat . Joe Hudgins, president and CEO of Solart Array Ventures, outlined his company’s plan to builds a massive solar manufacturing plant onthe city’s General Mills’ expansion should be completed by Bone said. The cereal manufacture r will hire 60additional employees, bringing additional payrolll to the area of $3.5 The expansion also brings $30 million in spendint to New Mexico.
The Albuquerque City Councikl approveda $100 million industrial revenue bond deal for the companuy in February. BE&K Corp. from North Carolina landeds the design/build contract to build the expansion, but Bone said 80 perceng of the firm’s spending and employees will be The precast panels beingf used in the construction are manufactured in General Mills has been in Albuquerquesince 1991. Its currenf facility is located near Paseoi del Norte and Edith and has 190 with an annual payrollof $12 million, said The 275,000-square-foot plant produces aboutr 135 million pounds annually of 35 differentf cereals.
The facility also has a lab on-sitde where the instructions for baking General Mills productsz at high altitudesare created. The company has given aboutf $5 million to area nonprofitd since 1998and $519,000 in scholarships, Bone added. Don Power, chairman of AED, said the cereal company’sz donations illustrate one of the things the organization looke for inrecruiting companies: community involvement. Hudginzs said Solar Array plans to break ground by the thirxd quarter of this year ona 225,000-square-foot thin-film photovoltaic manufacturing plan in the Cordero Mesa business park, west of the mattressd factory.
The company plans to add three more buildings of that size as it he said, with each facilityu employing about 225. Its annual payroll in the first phase wouldfbe $14 million. About five percent of the jobs would pay 45 percent wouldpay $70,000 and half of the jobs would pay The capital investment for the first phase will be $170 milliojn and the company would spend $40 million annually for raw The first phase is expected to have a capacity of 75 but that would grow to 300 mw with the full The plant also will have a space that will serve as a community and educational center.
Solar Array is seeking $175 millionj in industrial revenue bonds from Bernalillo The company is workinbg toraise $210 million in debt and Hudgins said. Hudgins said New Mexiclo beat out two other states for the despite the fact that it did not offer thelargesft incentives. But the coordination amonv local and state governmentf officials and other parties made New Mexico far more efficienyt in establishing a planning framework that the company coulrd then use to plan a budget for the hesaid “That was a majot issue for us,” Hudgins said. He also praisedx the labor force here and theeducationapl institutions.
The facility is being designed byPageSoutherlandPage LLP, whic h has Texas offices in Austin, Dallaw and Houston, as well as Washington, D.C. and London, U.K. Hoffman based in Portland, Ore., is building the facility.
Tuesday, November 6, 2012
ATS Services is now Talagy, with new owner - Austin Business Journal:
firukendu-anchored.blogspot.com
Derek Mercer, the nephew of ATS founder Deloresa Kesler, acquired the company and will serve as Kesler will retain the title ofchairmah emeritus. Amy McGeorge will assume the role of presidenfand CEO. Terms of the acquisition were not “This is an exciting time in the growt and evolutionof ATS, and I’k pleased to allow the next generation of leadership to take the helm,” said Kesler created Jacksonville-based ATS Services in 1977, eventually forming a pareny company that merged with three othedr staffing firms, including . The business split into two , which became a publicly tradedr company and isnow , and ATS Services.
Mercer workedr as the director of information technologt at ATS Services before creating hisown , a global provider of on-demand talent management software, in 1996. Keslere provided a loan that helped startthe company. Vurv Technologty was acquired by (NASDAQ: in 2008 for $128.8 Talagy, which has 11 offices around the country and 80 will continue to offer the same productsand services, but insteadf of operating under multiple brands and busines s units the company will consolidate into a single brand.
Derek Mercer, the nephew of ATS founder Deloresa Kesler, acquired the company and will serve as Kesler will retain the title ofchairmah emeritus. Amy McGeorge will assume the role of presidenfand CEO. Terms of the acquisition were not “This is an exciting time in the growt and evolutionof ATS, and I’k pleased to allow the next generation of leadership to take the helm,” said Kesler created Jacksonville-based ATS Services in 1977, eventually forming a pareny company that merged with three othedr staffing firms, including . The business split into two , which became a publicly tradedr company and isnow , and ATS Services.
Mercer workedr as the director of information technologt at ATS Services before creating hisown , a global provider of on-demand talent management software, in 1996. Keslere provided a loan that helped startthe company. Vurv Technologty was acquired by (NASDAQ: in 2008 for $128.8 Talagy, which has 11 offices around the country and 80 will continue to offer the same productsand services, but insteadf of operating under multiple brands and busines s units the company will consolidate into a single brand.
Saturday, November 3, 2012
Not particular about my batting position: Rahane - Cricbuzz
coras-newport.blogspot.com
Not particular about my batting position: Rahane Cricbuzz Ajinkya Rahane insisted he does not have preference for a particular batting position and that he was willing to bat at any number. India A coach Lalchand Rajput had said before the warm-up game against the visiting England team that Rahane 'likes to ... |
Friday, November 2, 2012
NSPS Meets With the FCC to Set the LightSquared Record Straight and Fight for ... - Amerisurv
olimstgon.blogspot.com
NSPS Meets With the FCC to Set the LightSquared Record Straight and Fight for ... Amerisurv Curt Sumner, NSPS Executive Director, emphasized the costs to surveying and mapping professionals, as well as other GPS users, in terms of equipment replacement if they are forced to replace or upgrade their equipment; he discussed the need to resolve ... |
Wednesday, October 31, 2012
Span Snubbed In Gold Glove Nominations - Twinkie Town
borislavamcoc.blogspot.com
Span Snubbed In Gold Glove Nominations Twinkie Town Jesse Johnson-US PRESSWIRE. Despite the fact that he graded out as one of the top defenders in baseball at any position in 2012, Denard Span's name was curiously absent from Rawlings' list of Gold Glove finalists. Share On Facebook. Share on Twitter ... |
Tuesday, October 30, 2012
Monday, October 29, 2012
Operation Christmas Child - Jefferson Post
tenamup.wordpress.com
Examiner.com | Operation Christmas Child Jefferson Post With the holiday season quickly approaching, Ashe County families, along with businesses, schools and churches, are planning to celebrate the holidays by giving back. Through Operation Christmas Child, locals are joining tens of thousands of people ... Operation Christmas Child prepared for col lection drive Operation Christmas Child under way Ministronies: Operation Christmas Child is underway in western Oklahoma |
Friday, October 26, 2012
Pending home sales climb in May; prices drop 20 percent from year ago - Minneapolis / St. Paul Business Journal:
zuloraxelewo.blogspot.com
There were 5,183 pending sales reported last up fromthe 4,418 pending salesx in May 2008. New home listings from May are 13.5 percentg lower than they were this timelast year. Thers were more than 26,400 active single-family residentiap listings in the 13 county metro area at the endof May, more than 20 percenyt less than were listed in May 2008. The medianb sales price in the metropolitan areawas $165,00p0 in May, up 7.8 percent over Aprik but down 20 percent from $205,000 in May 2008. The real-estatee associations pointed tothe month-over-month rise the $165,000 figure was the highesty monthly-median price this year — as a sign that the markety was stabilizing.
(Though there could be seasonalityat work, too: May 2008’x median sales figure was also an improvement over the previous two “The news we received this morninb about the local housing market is very Rae Jean Malone, president of the , said in a “The continuing decline in inventory is startint to show its effecf on the home valuations.” Accordinvg to the Minneapolis Area Association of Realtors, Lender-mediateed sales (or home sales that are drivenn by foreclosures) accounted for 43 percent of all a decline from 46 percenft in April and 53.5 percent from six month ago.
That could also help push up home since foreclosed homes often sell for less than thoses sold bytraditional owners.
There were 5,183 pending sales reported last up fromthe 4,418 pending salesx in May 2008. New home listings from May are 13.5 percentg lower than they were this timelast year. Thers were more than 26,400 active single-family residentiap listings in the 13 county metro area at the endof May, more than 20 percenyt less than were listed in May 2008. The medianb sales price in the metropolitan areawas $165,00p0 in May, up 7.8 percent over Aprik but down 20 percent from $205,000 in May 2008. The real-estatee associations pointed tothe month-over-month rise the $165,000 figure was the highesty monthly-median price this year — as a sign that the markety was stabilizing.
(Though there could be seasonalityat work, too: May 2008’x median sales figure was also an improvement over the previous two “The news we received this morninb about the local housing market is very Rae Jean Malone, president of the , said in a “The continuing decline in inventory is startint to show its effecf on the home valuations.” Accordinvg to the Minneapolis Area Association of Realtors, Lender-mediateed sales (or home sales that are drivenn by foreclosures) accounted for 43 percent of all a decline from 46 percenft in April and 53.5 percent from six month ago.
That could also help push up home since foreclosed homes often sell for less than thoses sold bytraditional owners.
Wednesday, October 24, 2012
People to watch - Silicon Valley / San Jose Business Journal:
humojo.wordpress.com
Jay Belquist is the seniore vice president and CFOof , in Santwa Clara. In addition to his othe r duties with the commercial real estate the 39-year-old CPA co-created and manages the within Clienty Solutions, the company's corporate real estate division. Beforde Joining Cornish & Carey in 2000, Mr. Belquist was the directot and regional head ofCushman Wakefield's Financial Consulting group. Mr. Belquist has traveler all over the world and enjoysmountain climbing. He has ascende 30 of the 54 "Fourteeners" in peaks that rise over 14,000 as well as Mt. Ranier. He also enjoys wine collecting.
As chief operating officer for in San Jason Berry oversees 80 employees and 140 brokersx ineight offices. He took over as chiefg opeating officerin 2000, after seven yearxs as the commercial real estatwe firm's director of research and communications. He retains responsibility for the 11 employees trackingtover 60,000 commercial properties in Northerjn California. He's been a member of the firm's operating committee since 1993 and is the firs tsalaried partner. Mr. Berry, 38, is a graduatse of the .
Since becoming researchj director forin 2000, 30-year-old Mark Bollozosa has consistently improved the quality of the company's quarterlg reports on the Bay Area commercialo real estate marketplace. At the same time, he has playedc an integral role in upgradingy the quality ofthe company's presentation and informatiobn at its annual commercial real estate forecastsa for the Bay Area, culminating in the upcominv 2006 event, which features Petedr Linneman, the Albert Sussmah Professor of Real Finance and Public Policy at the . Mr. Bollozos earnedd a bachelor of science degree in finance with a real estate concentratioh from inSan Francisco.
Julie Brusg is co-founder of , a legap recruiting firm in Redwood In 2000, its firs year, Solutus became profitable and was voted as one of the top 10 legall recruiting firms in California by The Daily Journal. Ms. Brush, 38, player tennis for and professionallgy and received her law degrese from Golden Gate University where she was a member of the law Prior to her career as alegal recruiter, she was an attornet with Brobeck, Phleger & Harrison. Ms. Brush is a membedr of the Forum for WomenEntrepreneurs & Executives, the and the . An avid she completed the San Francisco Marathonin 2000.
Amie Chilson wantzs to help awaken "a new breed of One way she planxs to do this is througyh the new organization shehas , which promotes the financial independence of singlwe women through home ownership. Since becoming a real estater agent oneyear ago, she has sold 20 She is active in the Campbell Chambetr of Commerce and has done volunteer work with preteenb and teenage girls through the Riverside County Juvenile Hall'sx RESPECT program.
Jay Belquist is the seniore vice president and CFOof , in Santwa Clara. In addition to his othe r duties with the commercial real estate the 39-year-old CPA co-created and manages the within Clienty Solutions, the company's corporate real estate division. Beforde Joining Cornish & Carey in 2000, Mr. Belquist was the directot and regional head ofCushman Wakefield's Financial Consulting group. Mr. Belquist has traveler all over the world and enjoysmountain climbing. He has ascende 30 of the 54 "Fourteeners" in peaks that rise over 14,000 as well as Mt. Ranier. He also enjoys wine collecting.
As chief operating officer for in San Jason Berry oversees 80 employees and 140 brokersx ineight offices. He took over as chiefg opeating officerin 2000, after seven yearxs as the commercial real estatwe firm's director of research and communications. He retains responsibility for the 11 employees trackingtover 60,000 commercial properties in Northerjn California. He's been a member of the firm's operating committee since 1993 and is the firs tsalaried partner. Mr. Berry, 38, is a graduatse of the .
Since becoming researchj director forin 2000, 30-year-old Mark Bollozosa has consistently improved the quality of the company's quarterlg reports on the Bay Area commercialo real estate marketplace. At the same time, he has playedc an integral role in upgradingy the quality ofthe company's presentation and informatiobn at its annual commercial real estate forecastsa for the Bay Area, culminating in the upcominv 2006 event, which features Petedr Linneman, the Albert Sussmah Professor of Real Finance and Public Policy at the . Mr. Bollozos earnedd a bachelor of science degree in finance with a real estate concentratioh from inSan Francisco.
Julie Brusg is co-founder of , a legap recruiting firm in Redwood In 2000, its firs year, Solutus became profitable and was voted as one of the top 10 legall recruiting firms in California by The Daily Journal. Ms. Brush, 38, player tennis for and professionallgy and received her law degrese from Golden Gate University where she was a member of the law Prior to her career as alegal recruiter, she was an attornet with Brobeck, Phleger & Harrison. Ms. Brush is a membedr of the Forum for WomenEntrepreneurs & Executives, the and the . An avid she completed the San Francisco Marathonin 2000.
Amie Chilson wantzs to help awaken "a new breed of One way she planxs to do this is througyh the new organization shehas , which promotes the financial independence of singlwe women through home ownership. Since becoming a real estater agent oneyear ago, she has sold 20 She is active in the Campbell Chambetr of Commerce and has done volunteer work with preteenb and teenage girls through the Riverside County Juvenile Hall'sx RESPECT program.
Tuesday, October 23, 2012
Monday, October 22, 2012
Watters Creek adds seven tenants - The Business Review (Albany):
cicugaha.wordpress.com
Located at U.S. 75 and Bethany Driver in Allen, Watters Creek is now home to a totap of 45commercial tenants. The latesft to join the fold includeHomelandr HealthCare, a health insurance provider, and Cobra Trading, a stocksa and options firm. “Despite a slowdownn for other developments in the we continue to grow our traffic and tenant rostet and are really starting to hit our saidTerry Montesi, Trademark CEO, in a “In addition to the newly signedd leases, we are currently in lease negotiations with severalo tenants totaling 33,500 square-feet and have now leasedx 126 residential units.
” Stores and restaurantds that recently opened at Watters Creek includ e Blue Fish, Village Burger Bar, Charming Flirt and Sweet & Sassy. Jewelry stor e Filthy Rich is slaterd to open laterthis month, followe by Apricot Lane, Luke’s Allen Yoga Center and Red Mango, a frozen yogurt shop.
Located at U.S. 75 and Bethany Driver in Allen, Watters Creek is now home to a totap of 45commercial tenants. The latesft to join the fold includeHomelandr HealthCare, a health insurance provider, and Cobra Trading, a stocksa and options firm. “Despite a slowdownn for other developments in the we continue to grow our traffic and tenant rostet and are really starting to hit our saidTerry Montesi, Trademark CEO, in a “In addition to the newly signedd leases, we are currently in lease negotiations with severalo tenants totaling 33,500 square-feet and have now leasedx 126 residential units.
” Stores and restaurantds that recently opened at Watters Creek includ e Blue Fish, Village Burger Bar, Charming Flirt and Sweet & Sassy. Jewelry stor e Filthy Rich is slaterd to open laterthis month, followe by Apricot Lane, Luke’s Allen Yoga Center and Red Mango, a frozen yogurt shop.
Saturday, October 20, 2012
Kruglak brothers bring customer service to the security business - Business First of Columbus:
lehoquvuhu.wordpress.com
That year a story about Glen andAlan Kruglak’sw LLC in the Washington Business Journal now framed and one of the first things visitors see — included a photo takeh at the bottom of the stairs in Glen’s house because the company didn’t have an office yet. Sevej years later and settled into an officwein Germantown, Genesis Security Systems has grown to 40 peoplew and roughly $15 million in revenue. Its sweeg spot is serving companies of 100 or more peopls who need more security than the standard key cardaccesds systems. Clients include , CB . and USA Today. Business is off a bit this year. Roughly 25 percent of work comes from new whichis slow.
Yet the Kruglakss report a strong Apriland May, largely becausw they got more aggressive with sales and also negotiatede lower rates with This isn’t the Kruglaks’ first go-round in the security The brothers grew up working in their downtown D.C. music store during the 1960e and ’70s. That business eventually morphedinto GIC, a securitu systems integrator, which the Kruglaks sold in 1995. The brotherxs were enjoying a nice early retiremenyt when they received visits from two former Chris Foster andEd Simon, in 2002.
They all felt that person-to-person customer service in the security industry was declining because the big corporations taking over the industry were unwieldy. Service calld were taking too long. Proposals woulrd take weeks to land ona client’s desk. Could they stargt their own business? The answer came quickly, as word leaked out to formed GIC customers. Genesis had its firsf client before the company openedan office. Fosterr and Simon are now partners. A secret to their success, learned at GIC and applie to Genesis, is to treat customers with the retaiol mentalityof “How can I help Traditionally, security companies functioned more like contractors.
Clientas outlined their needs, then asked for bids. But “sometimeds clients don’t really understaned the solution to the Glen says. Back on those Saturdays in themusicc store, the brothers had become information sources for customers lookinh for updates on the latesy records hitting the shelves. They wanted theie sales team to function thesame way. “We’re in a relationshi p business, and a relationship business focuses on Alan says. “If you take care of they staywith you. It’s reallt not that complex.” Roughly four years ago, Genesi landed AARP as a customer. The organizatio n for retirees dumped its previous supplier over customerrservice problems.
Larry Lupo, AARP’s safetyt and security manager, liked one thing in particular about The owners aredirectly involved, not because they have to be, but becaused they seem to enjoy it. Foundersd set the vision of where they want a companto go, he says. “If they’r e good at it and they’re successful, they’vee implemented that into their company andtheit people.” The importance of customer servics is just one the lessons the Kruglaks have learned along the way. They also got an education in Their first company ran into debt problemss inthe 1980s, something they have vower to never repeat.
The Kruglakxs say Genesis is debt free and maintainds atleast $1 million in cash reserves at all The Kruglaks also learned to seek recurrinh revenue streams and become more efficient. By keeping all of the company’ trucks fully stocked, Genesis can quicklt dispatch nearby technicians to bring missing with the help of a GPS system that constantly trackws allits vehicles. Keep an unrelenting focus on the company’z customers.
Become more efficient by standardizing your Whatit does: Security system design, monitoring and maintenance Owners: Glen Kruglak, Alan Kruglak, Chris Fostef and Ed Simon
That year a story about Glen andAlan Kruglak’sw LLC in the Washington Business Journal now framed and one of the first things visitors see — included a photo takeh at the bottom of the stairs in Glen’s house because the company didn’t have an office yet. Sevej years later and settled into an officwein Germantown, Genesis Security Systems has grown to 40 peoplew and roughly $15 million in revenue. Its sweeg spot is serving companies of 100 or more peopls who need more security than the standard key cardaccesds systems. Clients include , CB . and USA Today. Business is off a bit this year. Roughly 25 percent of work comes from new whichis slow.
Yet the Kruglakss report a strong Apriland May, largely becausw they got more aggressive with sales and also negotiatede lower rates with This isn’t the Kruglaks’ first go-round in the security The brothers grew up working in their downtown D.C. music store during the 1960e and ’70s. That business eventually morphedinto GIC, a securitu systems integrator, which the Kruglaks sold in 1995. The brotherxs were enjoying a nice early retiremenyt when they received visits from two former Chris Foster andEd Simon, in 2002.
They all felt that person-to-person customer service in the security industry was declining because the big corporations taking over the industry were unwieldy. Service calld were taking too long. Proposals woulrd take weeks to land ona client’s desk. Could they stargt their own business? The answer came quickly, as word leaked out to formed GIC customers. Genesis had its firsf client before the company openedan office. Fosterr and Simon are now partners. A secret to their success, learned at GIC and applie to Genesis, is to treat customers with the retaiol mentalityof “How can I help Traditionally, security companies functioned more like contractors.
Clientas outlined their needs, then asked for bids. But “sometimeds clients don’t really understaned the solution to the Glen says. Back on those Saturdays in themusicc store, the brothers had become information sources for customers lookinh for updates on the latesy records hitting the shelves. They wanted theie sales team to function thesame way. “We’re in a relationshi p business, and a relationship business focuses on Alan says. “If you take care of they staywith you. It’s reallt not that complex.” Roughly four years ago, Genesi landed AARP as a customer. The organizatio n for retirees dumped its previous supplier over customerrservice problems.
Larry Lupo, AARP’s safetyt and security manager, liked one thing in particular about The owners aredirectly involved, not because they have to be, but becaused they seem to enjoy it. Foundersd set the vision of where they want a companto go, he says. “If they’r e good at it and they’re successful, they’vee implemented that into their company andtheit people.” The importance of customer servics is just one the lessons the Kruglaks have learned along the way. They also got an education in Their first company ran into debt problemss inthe 1980s, something they have vower to never repeat.
The Kruglakxs say Genesis is debt free and maintainds atleast $1 million in cash reserves at all The Kruglaks also learned to seek recurrinh revenue streams and become more efficient. By keeping all of the company’ trucks fully stocked, Genesis can quicklt dispatch nearby technicians to bring missing with the help of a GPS system that constantly trackws allits vehicles. Keep an unrelenting focus on the company’z customers.
Become more efficient by standardizing your Whatit does: Security system design, monitoring and maintenance Owners: Glen Kruglak, Alan Kruglak, Chris Fostef and Ed Simon
Friday, October 19, 2012
Employers win, workers lose in Supreme Court age discrimination ruling - New Mexico Business Weekly:
uvepexatawus.blogspot.com
The 5-4 decision will make it hardee for older workers to prove they were treated unfairlgy bytheir employers. The case centeredr around Jack Gross, a 53-year-olc man who claimed he was demoted because of his age and replacedd by a youngerfemale worker. He sued his employer, Iowa-based FBL Financialk Services Inc., under federal age discrimination laws. Durinyg the original trial, the worker presented circumstantialo evidence that his age playerd a role in his employment positionmand status. That led the trial court to requiree the employer to prove it didnot discriminate. A federalo appeals court overturned the trial court decisionn inGross v. FBL Financial Services Inc.
The Supremd Court concurred. In the majority decision, written by Justice Clarence Thomas, the court sided with the employer, saying it did not have to proved that it did not discriminateagainst Gross. Federakl age discrimination laws offer certain protectionsz for workers 40and older. The ruling coulcd make it harder for employees to provdeage discrimination, because the burden of proof remainse with the plaintiffs and can’t be put on the said Gregg Lemley, an attorney and employment law expert with the Phoenixd law office of Ogletree, Deakins, Smoak & Stewart PC. Lemley said the decisionh is a big winfor employers.
The 5-4 decision will make it hardee for older workers to prove they were treated unfairlgy bytheir employers. The case centeredr around Jack Gross, a 53-year-olc man who claimed he was demoted because of his age and replacedd by a youngerfemale worker. He sued his employer, Iowa-based FBL Financialk Services Inc., under federal age discrimination laws. Durinyg the original trial, the worker presented circumstantialo evidence that his age playerd a role in his employment positionmand status. That led the trial court to requiree the employer to prove it didnot discriminate. A federalo appeals court overturned the trial court decisionn inGross v. FBL Financial Services Inc.
The Supremd Court concurred. In the majority decision, written by Justice Clarence Thomas, the court sided with the employer, saying it did not have to proved that it did not discriminateagainst Gross. Federakl age discrimination laws offer certain protectionsz for workers 40and older. The ruling coulcd make it harder for employees to provdeage discrimination, because the burden of proof remainse with the plaintiffs and can’t be put on the said Gregg Lemley, an attorney and employment law expert with the Phoenixd law office of Ogletree, Deakins, Smoak & Stewart PC. Lemley said the decisionh is a big winfor employers.
Thursday, October 18, 2012
'Next-door' alien planet still too distant to visit — for now - Fox News
hihozeima.blogspot.com
New York Times (blog) | 'Next-door' alien planet still too distant to visit â€" for now Fox News Astronomers have discovered an alien planet right in our solar system's backyard, but residents of Earth shouldn't get their hopes up for an exploration mission anytime soon. The newfound world is much too far away for probes to visit using current ... Nearest star boasts Earth-sized roaster planet Earth-like planet -- sorta -- spotted in Alpha Centauri New Planet in the Neighborhood |
Tuesday, October 16, 2012
George McGovern enters hospice care - USA TODAY
exceeding-commissioner.blogspot.com
Esquire (blog) | George McGovern enters hospice care USA TODAY The 90-year-old McGovern, who lost the 1972 presidential election to Richard Nixon, has had several health problems over the last year. From the Associated Press: "McGovern has turned his focus in recent years to world hunger. "It was after a lecture ... Georg e McGovern, former presidential nominee, placed in hospice Former Sen. George McGovern Enters Hospice Ex-senator, presidential nominee George McGovern enters hospice care |
Monday, October 15, 2012
Fleming to lead Georgia Tech's Enterprise Innovation Institute - Atlanta Business Chronicle:
azajir.wordpress.com
Fleming, currently chief commercializationn officer atGeorgia Tech, beat out two candidatexs for the job and replaces the recentlyg retired Wayne Hodges. The avid rocke enthusiast is a fixturein Atlanta’sw tech circles. Fleming, through his mentorship of would-bde entrepreneurs, has managed to earn credibilittywith Atlanta’s venture capital and startup community. The Enterprisd Innovation Institute (EII) operates the (ATDC), a science and technologhy incubator, and Georgia VentureLab, a program that commercializesthe school’ss inventions. Fleming slips into his new shoes amidstbudgef cuts.
The state plans to reduce its fiscal 2010 funding for the Enterprise Innovation Institutweby $1 million or about 10.5 “In these challenging times, I am very pleased that someonde with Stephen's experience, enthusiasm, and drive has electedf to take on this very importany position,” Georgia Tech Vice Provosyt Mark Allen said in an internal e-mail. “The scope, and success of EII is one of the key differentiatorx for Georgia Tech among leadinvg institutions aroundthe world, and is essentiak to GT's core mission of disseminating technological discoveriea and enhancing technology's impact.
” While Fleming’s day job is to transform GT research into companies, he spends his free time dabblinb in space ventures. One of Fleming’s investments is Calif.-based , a developer of rockef enginesand vehicles. Fleming is also an adviser on the boarddof , which develops rockets that would delivere science experiments into space. He is also on the board of trusteez ofTech High, an urban Atlantw high school, focusing on science technology and engineering.
Fleming, currently chief commercializationn officer atGeorgia Tech, beat out two candidatexs for the job and replaces the recentlyg retired Wayne Hodges. The avid rocke enthusiast is a fixturein Atlanta’sw tech circles. Fleming, through his mentorship of would-bde entrepreneurs, has managed to earn credibilittywith Atlanta’s venture capital and startup community. The Enterprisd Innovation Institute (EII) operates the (ATDC), a science and technologhy incubator, and Georgia VentureLab, a program that commercializesthe school’ss inventions. Fleming slips into his new shoes amidstbudgef cuts.
The state plans to reduce its fiscal 2010 funding for the Enterprise Innovation Institutweby $1 million or about 10.5 “In these challenging times, I am very pleased that someonde with Stephen's experience, enthusiasm, and drive has electedf to take on this very importany position,” Georgia Tech Vice Provosyt Mark Allen said in an internal e-mail. “The scope, and success of EII is one of the key differentiatorx for Georgia Tech among leadinvg institutions aroundthe world, and is essentiak to GT's core mission of disseminating technological discoveriea and enhancing technology's impact.
” While Fleming’s day job is to transform GT research into companies, he spends his free time dabblinb in space ventures. One of Fleming’s investments is Calif.-based , a developer of rockef enginesand vehicles. Fleming is also an adviser on the boarddof , which develops rockets that would delivere science experiments into space. He is also on the board of trusteez ofTech High, an urban Atlantw high school, focusing on science technology and engineering.
Saturday, October 13, 2012
Privacy study shows Google
coras-newport.blogspot.com
Using trackers called “wegb bugs,” third parties collect user data from many popular web and sites oftenallow this, even thoughu their privacy policies say they don’t share user data with “Web bugs from Google and its subsidiariese were found on 92 of the top 100 Web sitezs and 88 percent of the approximately 400,0009 unique domains examined in the the authors found. Sites with the most web bugs were forblogginb — blogspot and typepad were No. 1 and No. 2 on the list in and blogger was No. 4. Google itseldf was No. 3. Ashka Soltani, Travis Pinnick and Joshua Gomez ofthe university’zs information school wrote the published Monday.
They analyzed privacy policies posted on web site and found loopholes used by many site operators to allow thirr parties to still collect data on who views Theyalso found, for example, that although web siteas may reassure visitors that “we don’t share data with thirr parties,” those third parties don’t include a company’ss affiliates — Google (NASDAQ: GOOG), for example, has 137 subsidiaryh businesses.
“The law on affiliat sharing generally ismore permissive” than that on sharint user data with third parth companies, the report Companies controlling the top 50 busiest web sites had an average of 297 affiliates each, meanintg they could share user data with a lot of other companies. Popular site , for example, is owneds by New York’s (NASDAQ: NWS), whichn has more than 1,500 subsidiaries. BAC) in Charlotte has more than 2,30p0 subsidiaries. “Users do not know and cannot learn the full rangee of affiliates with which websites mayshare information,” the report said.
Though many Internet users are familiarwith “cookies” used to studty their surfing habits, they are less familiar with so-callec “web bugs,” which can’t be cleared out of a web since they are part of a web site’e HTML code. Since the web bugs are createx directly bythird parties, their use doesn’t strictly counf as “sharing” of data by the web site’e owner, though users concerned about privacy may be unimpresse d by this technicality.
“We believe that this practicewcontravenes users’ expectations; it makes little sense to disclaij formal information sharing, but allow functionally equivaleng tracking with third parties,” the report Who's in charge of privacy?? Although surveys of Internet users show people are “verty concerned about privacy and do not want websitesz to collect and share their personal informationj without permission,” sifting through privacy policies is not It would take 200 hours a year for a typicap person to read the privacy policies of all the web sitesa they visit, for example.
Thus “users have no practical way of knowinbg with whom their data will be On thepolicy front, the report finda “no one knows who is in charge of protectin g privacy” in the United States. People can complaibn to the Federal Trade Commission andother agencies, but even the FTC’sx “principles for behavioral tracking make no mention of any enforcement or accountability.
” A low numbedr of complaints to various agencies meansd consumers don’t really know wher to complain, the report The FTC looks at online privacy more in terms of done to consumers, the report said, rather than also in termsx of control over personal information, which is what most users care The report makes several suggestions for improvement, includingt more aggressive action by the FTC to protecft online privacy. It also calls for clearer privacy policies on web written so that average users canunderstand them.
’s ADBE) privacy policy, for example, when analyzed for readability, was written at an equivalent grade level of The average privacy policy in the study was written at a grade levelof 13.83. The full studhy can be found .
Using trackers called “wegb bugs,” third parties collect user data from many popular web and sites oftenallow this, even thoughu their privacy policies say they don’t share user data with “Web bugs from Google and its subsidiariese were found on 92 of the top 100 Web sitezs and 88 percent of the approximately 400,0009 unique domains examined in the the authors found. Sites with the most web bugs were forblogginb — blogspot and typepad were No. 1 and No. 2 on the list in and blogger was No. 4. Google itseldf was No. 3. Ashka Soltani, Travis Pinnick and Joshua Gomez ofthe university’zs information school wrote the published Monday.
They analyzed privacy policies posted on web site and found loopholes used by many site operators to allow thirr parties to still collect data on who views Theyalso found, for example, that although web siteas may reassure visitors that “we don’t share data with thirr parties,” those third parties don’t include a company’ss affiliates — Google (NASDAQ: GOOG), for example, has 137 subsidiaryh businesses.
“The law on affiliat sharing generally ismore permissive” than that on sharint user data with third parth companies, the report Companies controlling the top 50 busiest web sites had an average of 297 affiliates each, meanintg they could share user data with a lot of other companies. Popular site , for example, is owneds by New York’s (NASDAQ: NWS), whichn has more than 1,500 subsidiaries. BAC) in Charlotte has more than 2,30p0 subsidiaries. “Users do not know and cannot learn the full rangee of affiliates with which websites mayshare information,” the report said.
Though many Internet users are familiarwith “cookies” used to studty their surfing habits, they are less familiar with so-callec “web bugs,” which can’t be cleared out of a web since they are part of a web site’e HTML code. Since the web bugs are createx directly bythird parties, their use doesn’t strictly counf as “sharing” of data by the web site’e owner, though users concerned about privacy may be unimpresse d by this technicality.
“We believe that this practicewcontravenes users’ expectations; it makes little sense to disclaij formal information sharing, but allow functionally equivaleng tracking with third parties,” the report Who's in charge of privacy?? Although surveys of Internet users show people are “verty concerned about privacy and do not want websitesz to collect and share their personal informationj without permission,” sifting through privacy policies is not It would take 200 hours a year for a typicap person to read the privacy policies of all the web sitesa they visit, for example.
Thus “users have no practical way of knowinbg with whom their data will be On thepolicy front, the report finda “no one knows who is in charge of protectin g privacy” in the United States. People can complaibn to the Federal Trade Commission andother agencies, but even the FTC’sx “principles for behavioral tracking make no mention of any enforcement or accountability.
” A low numbedr of complaints to various agencies meansd consumers don’t really know wher to complain, the report The FTC looks at online privacy more in terms of done to consumers, the report said, rather than also in termsx of control over personal information, which is what most users care The report makes several suggestions for improvement, includingt more aggressive action by the FTC to protecft online privacy. It also calls for clearer privacy policies on web written so that average users canunderstand them.
’s ADBE) privacy policy, for example, when analyzed for readability, was written at an equivalent grade level of The average privacy policy in the study was written at a grade levelof 13.83. The full studhy can be found .
Friday, October 12, 2012
Termini acquires AM&A's warehouse - Dayton Business Journal:
humojo.wordpress.com
According to public documents filed late Thursdat in the ErieCounty Clerk’s Office, Termini’a H@Lofts LLC paid $720,000 for the historic The building had been owne d by New Horizons Acquisitionsz LLC, a Long Island-based developmen t firm. Termini is in the early stagea of renovating theformer warehouse, partsx of which date back to the late 1800s, into a mixed-usse development anchored by 47 market-rate apartments and 15,000 squarw feet of office space. P&v Acquisitions will occupy theoffice space, whil e Termini said he is compiling a rapidly growin list of prospective tenantes for the apartments. Termini will be investinvg morethan $11 millionj in the project.
The building, which is beinvg called the H@Lofts, is expected to welcome its firs t residential tenantsnext spring. In the Termini is talking with locapl and state officials about incentive packages needef before he can acquire theflagship AM&A's department stor building on Main Street from New Termini predicted the cost of renovating the buildinv between $80 million and $100 He said it would only be possibls with a heavy influx of publi sector dollars and support. The developetr said it may take him more thanone year, perhaps as long as 18 to secure all the necessary public-sector dollars he needes for the AM&A's departmenyt store project.
The former store, whic has been closed since 1995 -- save for a brief run as Taylor’sd Department Store -- will likelgy be used as a mixed-use developmen project, also anchored by residential units.
According to public documents filed late Thursdat in the ErieCounty Clerk’s Office, Termini’a H@Lofts LLC paid $720,000 for the historic The building had been owne d by New Horizons Acquisitionsz LLC, a Long Island-based developmen t firm. Termini is in the early stagea of renovating theformer warehouse, partsx of which date back to the late 1800s, into a mixed-usse development anchored by 47 market-rate apartments and 15,000 squarw feet of office space. P&v Acquisitions will occupy theoffice space, whil e Termini said he is compiling a rapidly growin list of prospective tenantes for the apartments. Termini will be investinvg morethan $11 millionj in the project.
The building, which is beinvg called the H@Lofts, is expected to welcome its firs t residential tenantsnext spring. In the Termini is talking with locapl and state officials about incentive packages needef before he can acquire theflagship AM&A's department stor building on Main Street from New Termini predicted the cost of renovating the buildinv between $80 million and $100 He said it would only be possibls with a heavy influx of publi sector dollars and support. The developetr said it may take him more thanone year, perhaps as long as 18 to secure all the necessary public-sector dollars he needes for the AM&A's departmenyt store project.
The former store, whic has been closed since 1995 -- save for a brief run as Taylor’sd Department Store -- will likelgy be used as a mixed-use developmen project, also anchored by residential units.
Thursday, October 11, 2012
Ultimately, the fans have the power in NHL money fight - Ottawa Citizen
haygoodfoafyga1359.blogspot.com
Globe and Mail | Ultimately, the fans have the power in NHL money fight Ottawa Citizen I said it once and I'll say it again: Ultimately, fans have the power. They'll realize it when they stop pretending the NHL cares any more about them than Starbucks does about coffee enthusiasts, or IKEA does about students who need furniture, or ... NHL lockout 2012: League, union meet to discuss how to take more of your money For NHL Owners, Lockout Is a Calculated Risk NHL lockout: Donald Fehr says a longer work stoppage could lead to unrest over ... |
Tuesday, October 9, 2012
MySpace slashes international staff - Baltimore Business Journal:
goldenayreyg1666.blogspot.com
The move to reduce internationall employment by 150 comes on the heels of the announcemen t that MySpace is cuttingits U.S. jobs by 30 or about 420 jobs. MySpace last monthn was passed in global market share byPalo Alto-basedd , but still leads in the numbe of unique visitors to its Web site in the U.S. MySpacde CEO Owen Van Natta was hired in April to try to revive the socialnetworking site. The division that includesw MySpace postedan $89 million loss in the most recenty quarter. "As we conducted our review of the it was clearthat internationally, just as in the U.S.
, MySpace'es staffing had become too big and cumbersom to be sustainable in current markeft conditions," Van Natta said in a statement After the jobs MySpace will have about 1,159 workers, compared to Facebook's globalo work force of about 850.
The move to reduce internationall employment by 150 comes on the heels of the announcemen t that MySpace is cuttingits U.S. jobs by 30 or about 420 jobs. MySpace last monthn was passed in global market share byPalo Alto-basedd , but still leads in the numbe of unique visitors to its Web site in the U.S. MySpacde CEO Owen Van Natta was hired in April to try to revive the socialnetworking site. The division that includesw MySpace postedan $89 million loss in the most recenty quarter. "As we conducted our review of the it was clearthat internationally, just as in the U.S.
, MySpace'es staffing had become too big and cumbersom to be sustainable in current markeft conditions," Van Natta said in a statement After the jobs MySpace will have about 1,159 workers, compared to Facebook's globalo work force of about 850.
Monday, October 8, 2012
Phoenix Business Journal honors Most Admired CEOs - Jacksonville Business Journal:
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Post, along with 25 CEOs of Arizona publicv andprivate companies, are being recognizex at a dinner Tuesday night and in a specialk supplement to Friday’s print editiob of the Journal. Editor Ilana Loweryg called the localleaders “thre epitome of achievement.” “Their companies are successful; they’ve helpedd to build Valley business; and they’vr contributed their time and expertise in the community on numerouxs levels,” she said. Post, for example, starter his career with Pinnacle West subsidiary Arizona PublicServic Co.
as a draftsman in moving up the ranks to serve as president and CEO of the parent company for 13 But he also has been a community leade r serving as chairman of Greater PhoenicEconomic Council, where he helpes create a group to study issues key to the region’e economic growth. J. Doug Pruitt, Sundt Construction Inc. Doug US Airways Group Inc. Jerry Stardust Cos. Steve Betts, SunCor Developmenyt Co. Rick Simonetta, Metro light rail Sharomn Harper, The Plaza Cos. Donald Smithy Jr.
, SCF Arizona Robert Meyer, Phoenix Children’s Hospitalk Kimberly McWaters, Universal Technical InstitutrRichard Boals, Blue Cross Blue Shields of Arizona Susan Frank, Deserty Schools Federal Credit Union Jonah Shacknai, Medicis Pharmaceutical Jim Tuton, American Traffic Solutions Inc. Derrick Hall, Arizona Diamondbacks Roy Vallee, Avnet Inc. Todd LifeLock Inc. Richard Silverman, Salt Rivedr Project Philip Francis, PetSmart Inc. David McIntyre Jr., TriWesf Healthcare Alliance Mike Ahearn, Firsg Solar Inc. Neil Bryan Cave LLP Rhonda Forsyth, John C. Lincoln Healt h Network Brad Casper, Henkel Consumer Goods Inc. Dave Sonora Quest LaboratoriesLinda Hunt, St.
Joseph’s Hospitapl and Medical Center “It wasn’t easy narrowing down the Valley’ws Most Admired CEOs to just Lowery said. “But as we shinee the spotlight onthis year’s winners, keep in mind that a stronfg business community is key to developing future Selections were made based on feedbaci solicited from the Journal’s peers and others in the busineszs community. To subscribe or order a copy of the June 12 issue that includes thespecial publication: jbertolino@bizjournals.com.
Post, along with 25 CEOs of Arizona publicv andprivate companies, are being recognizex at a dinner Tuesday night and in a specialk supplement to Friday’s print editiob of the Journal. Editor Ilana Loweryg called the localleaders “thre epitome of achievement.” “Their companies are successful; they’ve helpedd to build Valley business; and they’vr contributed their time and expertise in the community on numerouxs levels,” she said. Post, for example, starter his career with Pinnacle West subsidiary Arizona PublicServic Co.
as a draftsman in moving up the ranks to serve as president and CEO of the parent company for 13 But he also has been a community leade r serving as chairman of Greater PhoenicEconomic Council, where he helpes create a group to study issues key to the region’e economic growth. J. Doug Pruitt, Sundt Construction Inc. Doug US Airways Group Inc. Jerry Stardust Cos. Steve Betts, SunCor Developmenyt Co. Rick Simonetta, Metro light rail Sharomn Harper, The Plaza Cos. Donald Smithy Jr.
, SCF Arizona Robert Meyer, Phoenix Children’s Hospitalk Kimberly McWaters, Universal Technical InstitutrRichard Boals, Blue Cross Blue Shields of Arizona Susan Frank, Deserty Schools Federal Credit Union Jonah Shacknai, Medicis Pharmaceutical Jim Tuton, American Traffic Solutions Inc. Derrick Hall, Arizona Diamondbacks Roy Vallee, Avnet Inc. Todd LifeLock Inc. Richard Silverman, Salt Rivedr Project Philip Francis, PetSmart Inc. David McIntyre Jr., TriWesf Healthcare Alliance Mike Ahearn, Firsg Solar Inc. Neil Bryan Cave LLP Rhonda Forsyth, John C. Lincoln Healt h Network Brad Casper, Henkel Consumer Goods Inc. Dave Sonora Quest LaboratoriesLinda Hunt, St.
Joseph’s Hospitapl and Medical Center “It wasn’t easy narrowing down the Valley’ws Most Admired CEOs to just Lowery said. “But as we shinee the spotlight onthis year’s winners, keep in mind that a stronfg business community is key to developing future Selections were made based on feedbaci solicited from the Journal’s peers and others in the busineszs community. To subscribe or order a copy of the June 12 issue that includes thespecial publication: jbertolino@bizjournals.com.
Sunday, October 7, 2012
Samsung sees quarterly earnings at new high as operating profit nearly doubles ... - Washington Post
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Industry Leaders Magazine | Samsung sees quarterly earnings at new high as operating profit nearly doubles ... Washington Post SEOUL, South Korea â€" Samsung Electronics Co. forecast another record quarterly operating profit, likely driven by strong sales of high-end smartphones that offset weak semiconductor orders. The guidance for Samsung's third q uarter earnings showed it ... Samsung operating profit up 85% Samsung's Q3 operating profit to hit $7.3B Samsung Electronics Sees 91% Surge In Q3 Operating Profit |
Friday, October 5, 2012
British singer Leona Lewis deals with One Direction fans, releases new single ... - Washington Post
aleksanovlsys.blogspot.com
British singer Leona Lewis deals with One Direction fans, releases new single ... Washington Post Since being linked with Liam Payne from the boy band, the British singer has seen endless discussions about her dating status on social networks. Lewis won't talk about who she is or isn't seeing at the moment, but knows that One Direction fans are ... |
CBC.ca | Men shaved bald perceived to be better leaders CBC.ca Chrome domes, take note: New research from one of the premier business schools in the U.S. suggests men who shave their heads are perceived to be more dominant, more athletic and better leaders. Research by information management lecturer Albert ... Study Shows Baldness Can Be a Business A dvantage |
Tuesday, October 2, 2012
Consumer confidence up dramatically - Pacific Business News (Honolulu):
glafirarynyxu.blogspot.com
in April. The index is basee on a representative sampleof 5,00 U.S. households. “Looking ahead, consumers are considerablu less pessimistic than they were earliefthis year, and expectations are that business conditions, the labor markeft and incomes will improvwe in the coming months,” said Lynn director of the . “Whilde confidence is still weak byhistorical standards, as far as consumerd are concerned, the worst is now behind us." Consumers' appraisapl of the job market was also more Those claiming jobs are "hard to decreased to 44.7 percent from 46.6 percentg in April. Those saying jobs are "plentiful" edge up to 5.7 percent from 4.
9 The employment outlook was also less with the percentage of consumers expecting more jobs in the monthw ahead increasing to 20 percentfrom 14.2 while those anticipating fewer jobs decreaserd to 25.2 percent from 32.5 percent.
in April. The index is basee on a representative sampleof 5,00 U.S. households. “Looking ahead, consumers are considerablu less pessimistic than they were earliefthis year, and expectations are that business conditions, the labor markeft and incomes will improvwe in the coming months,” said Lynn director of the . “Whilde confidence is still weak byhistorical standards, as far as consumerd are concerned, the worst is now behind us." Consumers' appraisapl of the job market was also more Those claiming jobs are "hard to decreased to 44.7 percent from 46.6 percentg in April. Those saying jobs are "plentiful" edge up to 5.7 percent from 4.
9 The employment outlook was also less with the percentage of consumers expecting more jobs in the monthw ahead increasing to 20 percentfrom 14.2 while those anticipating fewer jobs decreaserd to 25.2 percent from 32.5 percent.
Monday, October 1, 2012
Bangladesh government says opposition behind attacks on Buddhists over ... - Washington Post
ovaluleq.wordpress.com
Bangladesh government says opposition behind attacks on Buddhists over ... Washington Post MERUNGLUA, Bangladesh â€" Prime Minister Sheikh Hasina's government is blaming Islamic radicals and opposition activists for attacks over the weekend on minority Buddhists and their temples in southern Bangladesh. “In primary investigations, we have ... |
Sunday, September 30, 2012
Fred Weber wins $4M Mississippi River Bridge contract - Minneapolis / St. Paul Business Journal:
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awarded Fred Weber a $4.44 million contractr Wednesday to remove and replace the Madisohn Streetand St. Louis Avenue bridgez over Interstate 70 indowntowmn St. Louis. The majority of work on this projecf will start afterHighway 40/Interstate 64 reopense between Kingshighway and Interstate 170. Crews will removd the St. Louis Avenue bridgs first and then remove and replace the MadisonStreer bridge. During work to remove the MadisonjStreet bridge, crews will also remove the Cass Avenuse bridge in preparation for replacing that bridge later in 2010. This work is part of preliminar work on a new Mississippi river which is expected to reduce congestion on the Poplar Street Bridge.
Maryland Heights, Mo.-based Fred Webetr is one of the largest privately held companiesin St. Loui s with $353.3 million in revenue in 2008. The commercial constructionb firm is also workinhg onthe $245 million reconstructiohn of AmerenUE’s Taum Sauk Reservoir in Johnson’s Shut-Ines state park and is part of Gateway Constructors, the consortiu m of contractors performing $535 milliob worth of improvements on Highway 40/Interstate 64.
awarded Fred Weber a $4.44 million contractr Wednesday to remove and replace the Madisohn Streetand St. Louis Avenue bridgez over Interstate 70 indowntowmn St. Louis. The majority of work on this projecf will start afterHighway 40/Interstate 64 reopense between Kingshighway and Interstate 170. Crews will removd the St. Louis Avenue bridgs first and then remove and replace the MadisonStreer bridge. During work to remove the MadisonjStreet bridge, crews will also remove the Cass Avenuse bridge in preparation for replacing that bridge later in 2010. This work is part of preliminar work on a new Mississippi river which is expected to reduce congestion on the Poplar Street Bridge.
Maryland Heights, Mo.-based Fred Webetr is one of the largest privately held companiesin St. Loui s with $353.3 million in revenue in 2008. The commercial constructionb firm is also workinhg onthe $245 million reconstructiohn of AmerenUE’s Taum Sauk Reservoir in Johnson’s Shut-Ines state park and is part of Gateway Constructors, the consortiu m of contractors performing $535 milliob worth of improvements on Highway 40/Interstate 64.
Friday, September 28, 2012
Thursday, September 27, 2012
Free buses bring Chapel Hill livability award - Phoenix Business Journal:
humojo.wordpress.com
The home of the , Chapel Hill beat out more than 200 municipalitiese across the nation to claikma first-place City Livability Award. Chapek Hill won for cities with populations of fewerthan Charleston, S.C., won for cities with populationzs of more than 100,000. The contestt was judged on three criteria: mayorall leadership, creativity and innovation, and the broacd impact on the quality of life for The U.S. Conference of Mayor s honored Chapel Hill for its decision in 2002 to no longer charg fares to any rider on itsbus system, the organizationm said in a press release.
While many bus systems in collegertowns don’t charge students and faculty to ride, a scany few provide free service to all The town implemented the fare-fred system to encourage people to take the bus and leavse their cars at home. The plan worked. Ridership on Chapel Hill transi has more than doubled since fares were eliminated going from 3 million in 2002 to a projected 7 milliojthis year. “The Chapel Hill Public Transir system is the foundation of oursustainablwe future,” Foy said in a presss release.
“This bus syste makes Chapel Hill continue to be the kind of plac epeople love; for us it is an investmenty and it has paid off big The town says it is planning a “communitgy event” to celebrate the livability awarx and that it will release detailsz soon.
The home of the , Chapel Hill beat out more than 200 municipalitiese across the nation to claikma first-place City Livability Award. Chapek Hill won for cities with populations of fewerthan Charleston, S.C., won for cities with populationzs of more than 100,000. The contestt was judged on three criteria: mayorall leadership, creativity and innovation, and the broacd impact on the quality of life for The U.S. Conference of Mayor s honored Chapel Hill for its decision in 2002 to no longer charg fares to any rider on itsbus system, the organizationm said in a press release.
While many bus systems in collegertowns don’t charge students and faculty to ride, a scany few provide free service to all The town implemented the fare-fred system to encourage people to take the bus and leavse their cars at home. The plan worked. Ridership on Chapel Hill transi has more than doubled since fares were eliminated going from 3 million in 2002 to a projected 7 milliojthis year. “The Chapel Hill Public Transir system is the foundation of oursustainablwe future,” Foy said in a presss release.
“This bus syste makes Chapel Hill continue to be the kind of plac epeople love; for us it is an investmenty and it has paid off big The town says it is planning a “communitgy event” to celebrate the livability awarx and that it will release detailsz soon.
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