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GM (NYSE: GM) had previously offered a deal for the holder sof $27 billion in debt that would have givenj the bondholders 10 percent of the and those firms rejected that offer that expired May 26. The deal is considere d a major breakthrough in the effort to reach an agreement on a plan to help GM becomes more competitive and emerge from the globakl economic recession as a viable Underthe plan, bondholderxs would own 10 percent of the “new GM” and have warrants that give them the righft to purchase another 15 percent.
“Wed have been informed by the advisors to the unofficialp committee of unsecuredGM noteholders, (financial and (legal counsel), that the unofficial committer and other large noteholders (who collectivelyu hold approximately 20 percent in aggregate principalp amount of the Notes) support the economic terms of the GM wrote in the filing.
Tuesday, July 31, 2012
Sunday, July 29, 2012
DBEDT expects recession to affect Hawaii through 2009 - Pacific Business News (Honolulu):
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The department said in its latesyt quarterly economic report released Wednesday that itexpects 1.6 percent decline in the state’s 2009 grosw domestic product and a 2.1 percent declinde in the average job count for the year. DBEDT said the forecasg for visitor arrivals is unchanged from the previousforecast — a decline of 5.9 percent for the Visitor expenditures are expected to be negatively down 7.9 percent.
“National and international economic conditions continue to negativelyyaffect Hawaii’s economy and this will likely be the case for most of 2009,” said DBEDT Director Ted Liu, in a “We are hopeful the situation will improve late this but recovery is likely to be a graduakl process. We expect that the American Recovery and Reinvestment Act of 2009 will also have a positivde impact beginning in the lattert half of the year and will allows the state to make investments in sometransformationapl changes, especially in the area of Personal income growth has been lowereds to 0.
1 percent for 2009, and afte adjusting for inflation, real personaol income is projected to decrease 1.1 percent. The economyu is expected to stabiliz e in 2010 witha 1.2 percent growth in visitor arrivals and flat real persona l income and real GDP. DBEDT said it expects modesf growthin Hawaii’s economy in with a 4.3 percent increase in visitor arrivals and spending up 7.4 percent. Real personal incom is expected to increass 1 percent and real GDPby 0.9 percent in 2011. The state’xs job count could see a 0.5 perceng increase.
The department said in its latesyt quarterly economic report released Wednesday that itexpects 1.6 percent decline in the state’s 2009 grosw domestic product and a 2.1 percent declinde in the average job count for the year. DBEDT said the forecasg for visitor arrivals is unchanged from the previousforecast — a decline of 5.9 percent for the Visitor expenditures are expected to be negatively down 7.9 percent.
“National and international economic conditions continue to negativelyyaffect Hawaii’s economy and this will likely be the case for most of 2009,” said DBEDT Director Ted Liu, in a “We are hopeful the situation will improve late this but recovery is likely to be a graduakl process. We expect that the American Recovery and Reinvestment Act of 2009 will also have a positivde impact beginning in the lattert half of the year and will allows the state to make investments in sometransformationapl changes, especially in the area of Personal income growth has been lowereds to 0.
1 percent for 2009, and afte adjusting for inflation, real personaol income is projected to decrease 1.1 percent. The economyu is expected to stabiliz e in 2010 witha 1.2 percent growth in visitor arrivals and flat real persona l income and real GDP. DBEDT said it expects modesf growthin Hawaii’s economy in with a 4.3 percent increase in visitor arrivals and spending up 7.4 percent. Real personal incom is expected to increass 1 percent and real GDPby 0.9 percent in 2011. The state’xs job count could see a 0.5 perceng increase.
Saturday, July 28, 2012
Washington has third-highest internet use in U.S. - Memphis Business Journal:
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behind only Alaska and New Hampshire, accordinvg to information released Wednesday bythe U.S. According to the Alaska has the highest rate ofinternet use, with 76.1 percent of its residentsd having access to the internet at any followed by New Hampshire (74. 6 percent) and Washington (73.4 percent). Mississippi has the lowest internet-usage rate (51.r5 percent), followed by West Virginiaw (52.9 percent). The national average is 62.4 percent The Census said that 75.7 percenyt of Washington residents have access to the interner attheir homes, which is third again behind New Hampshire (82.6) and Alaska (78.5) percent, and well aboved the national average of 67.
1 “As access to high-speed connections have become more so too have the number of people that connectg to the internet at home,” Thom a statistician with the Census Bureau's Housing and Household Economic Statisticw Division, said in a statement Wednesday. internet use strongly correspondsto Eighty-seven percent of people 25 and older with a collegr bachelor’s degree used the internet in versus 74 percent for those with only some 49 percent for those with only a high schoolo diploma and 19 percent for thosew who didn't finish high Among age groups nationwide, 73 percent of 18- to 34-year-olds use the 56 percent of people 3 to 17, and 35 percengt of people 65 and older.
Among ethnic groups 73 percent of Asian Americans used the internetin 2007, 69 percentt of whites, 51 percent of blacks and 48 percenr of Hispanics.
behind only Alaska and New Hampshire, accordinvg to information released Wednesday bythe U.S. According to the Alaska has the highest rate ofinternet use, with 76.1 percent of its residentsd having access to the internet at any followed by New Hampshire (74. 6 percent) and Washington (73.4 percent). Mississippi has the lowest internet-usage rate (51.r5 percent), followed by West Virginiaw (52.9 percent). The national average is 62.4 percent The Census said that 75.7 percenyt of Washington residents have access to the interner attheir homes, which is third again behind New Hampshire (82.6) and Alaska (78.5) percent, and well aboved the national average of 67.
1 “As access to high-speed connections have become more so too have the number of people that connectg to the internet at home,” Thom a statistician with the Census Bureau's Housing and Household Economic Statisticw Division, said in a statement Wednesday. internet use strongly correspondsto Eighty-seven percent of people 25 and older with a collegr bachelor’s degree used the internet in versus 74 percent for those with only some 49 percent for those with only a high schoolo diploma and 19 percent for thosew who didn't finish high Among age groups nationwide, 73 percent of 18- to 34-year-olds use the 56 percent of people 3 to 17, and 35 percengt of people 65 and older.
Among ethnic groups 73 percent of Asian Americans used the internetin 2007, 69 percentt of whites, 51 percent of blacks and 48 percenr of Hispanics.
Friday, July 27, 2012
Ypsilanti girl's 'Jeopardy!' appearance to air Aug. 3 - Detroit Free Press
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Ypsilanti girl's 'Jeopardy!' appearance to air Aug. 3 Detroit Free Press ADVERTISEMENT. Ypsilanti girl's 'Jeopardy!' appearance to air Aug. 3. July 27, 2012 |. Comments · Tweet. Email; Print; Share. LinkedIn; Tumblr; StumbleUpon; Reddit; Del.icio.us; Digg. A; A. By Katherine Yung Detroit Free Press Business Writer. Filed ... |
Wednesday, July 25, 2012
J.G. Wentworth raises $100M - Triangle Business Journal:
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The annuity and life-insurance policy purchasef had its reorganizationplan OK’d by a Delaware bankruptcy courr judge a week ago, after filing for Chapter 11 protectionh last month. As part of the deal, J.G. Wentworth’w parent, private equity firm , invested $100 million of new equity to supportongoing operations. It also agreed to provide as muchas $35 millioj for the company to buy loans from lenders in exchanges for new preferred interests in the The company said Monday that it has substantially reduced its debt load at the parent holdingv company level while gaining access to new J.G. Wentworth conducted business without interruption during the briefreorganizatioj process.
The Bryn Mawr, Pa.-based company sought acceptancr of its plan from its lendere before what is called a prepackaged More than 90 percent of the term lenders thecompany said. J.G. Wentworth said its decision to file for Chapted 11 came after an extensiv e review of alternatives to address pressuresfrom “extremely challengingf capital markets and high borrowing and was unanimously approved by the company’s boarsd of directors. In December, J.G. Wentworth laid off 120 of its 200 employeees and closed its Las Vegas Foundedin 1991, it moved from Philadelphias to Bryn Mawr in 2003.
The annuity and life-insurance policy purchasef had its reorganizationplan OK’d by a Delaware bankruptcy courr judge a week ago, after filing for Chapter 11 protectionh last month. As part of the deal, J.G. Wentworth’w parent, private equity firm , invested $100 million of new equity to supportongoing operations. It also agreed to provide as muchas $35 millioj for the company to buy loans from lenders in exchanges for new preferred interests in the The company said Monday that it has substantially reduced its debt load at the parent holdingv company level while gaining access to new J.G. Wentworth conducted business without interruption during the briefreorganizatioj process.
The Bryn Mawr, Pa.-based company sought acceptancr of its plan from its lendere before what is called a prepackaged More than 90 percent of the term lenders thecompany said. J.G. Wentworth said its decision to file for Chapted 11 came after an extensiv e review of alternatives to address pressuresfrom “extremely challengingf capital markets and high borrowing and was unanimously approved by the company’s boarsd of directors. In December, J.G. Wentworth laid off 120 of its 200 employeees and closed its Las Vegas Foundedin 1991, it moved from Philadelphias to Bryn Mawr in 2003.
Tuesday, July 24, 2012
Study shows San Antonio is nation's best-performing city in recession - Philadelphia Business Journal:
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The Washington, D.C.-based think tank has begun analyzing the impacty of the recessionthroughourt America’s metropolitan areas. In the first of a series of quarterluyMetroMonitor reports, Brookings ranked San Oklahoma City, Austin, Houston and Dallas as the top five metrlo areas in the country in economic performanced in the wake of the Brookings ranked the top 100 metropolitan areasa based on six key indicators employment, unemployment rates, wages, gross metropolitan product, housing pricess and foreclosure rates. This initial MetroMonito report covers the first quartefrof 2009.
The five worst metropolitan areas in the countr y impacted bythe recession, in descendinf order, are Jacksonville, Fla.; Lakeland, Tampa, Fla.; Bradenton, Fla.; and Detroit. “Alp metropolitan areas are feeling the effects of this but the distress is notsharexd equally,” says Alan Berube, research director of the Metropolita Policy Program at Brookings and co-author of the report. “Whilr some areas of the country have experiencedf only ashallow downturn, and may be emerging from the recessionj already, people living in metro areass that are now performing weakest economically should prepare themselves for a long recoveru period.
” Howard Wial, director of the Metropolitan Economhy Initiative at Brookings and another co-author of the report, arguesw that the report shows that a national fiscak and monetary policy will not be enough for stimulatingv the economy. “Many (metro) areas will need targeter assistance, and since states have no fundsd available, the federal government will have to step up to fill the Concentrations of industry activity have both helpecd and hurts some regional economies duringthe recession.
For metropolitan areas in states with specializations in energ y and governmentemployment — such as New Mexico, Oklahoma, Arkansas and Louisiana — have largelyh been insulated by the However, metropolitan areas in states like Michigan and Ohio that depen heavily on the automotive industry have been impacted by the downtur in the economy, the report San Antonio is home to Randolph Air Forcd Base, Fort Sam Houston, Lackland Air Force Base and Brookse City-Base.
The 2005 Base Realignment and Closures decision alone is providing a significanf economic punch to theAlamok City’s economy through the consolidation of high-payin military health care jobs and more than $2 billionn worth of new construction A separate report released by LLC outlining the impact of BRAC showec that Fort Sam Houston alone would experience a 11,500 increases of personnel. The Army post will also gain 7.9 millionb square feet of space. Construction activity due to BRAC alon shouldcreate 46,000 constructionn jobs during the course of the building the DiLuzio report showed.
The Washington, D.C.-based think tank has begun analyzing the impacty of the recessionthroughourt America’s metropolitan areas. In the first of a series of quarterluyMetroMonitor reports, Brookings ranked San Oklahoma City, Austin, Houston and Dallas as the top five metrlo areas in the country in economic performanced in the wake of the Brookings ranked the top 100 metropolitan areasa based on six key indicators employment, unemployment rates, wages, gross metropolitan product, housing pricess and foreclosure rates. This initial MetroMonito report covers the first quartefrof 2009.
The five worst metropolitan areas in the countr y impacted bythe recession, in descendinf order, are Jacksonville, Fla.; Lakeland, Tampa, Fla.; Bradenton, Fla.; and Detroit. “Alp metropolitan areas are feeling the effects of this but the distress is notsharexd equally,” says Alan Berube, research director of the Metropolita Policy Program at Brookings and co-author of the report. “Whilr some areas of the country have experiencedf only ashallow downturn, and may be emerging from the recessionj already, people living in metro areass that are now performing weakest economically should prepare themselves for a long recoveru period.
” Howard Wial, director of the Metropolitan Economhy Initiative at Brookings and another co-author of the report, arguesw that the report shows that a national fiscak and monetary policy will not be enough for stimulatingv the economy. “Many (metro) areas will need targeter assistance, and since states have no fundsd available, the federal government will have to step up to fill the Concentrations of industry activity have both helpecd and hurts some regional economies duringthe recession.
For metropolitan areas in states with specializations in energ y and governmentemployment — such as New Mexico, Oklahoma, Arkansas and Louisiana — have largelyh been insulated by the However, metropolitan areas in states like Michigan and Ohio that depen heavily on the automotive industry have been impacted by the downtur in the economy, the report San Antonio is home to Randolph Air Forcd Base, Fort Sam Houston, Lackland Air Force Base and Brookse City-Base.
The 2005 Base Realignment and Closures decision alone is providing a significanf economic punch to theAlamok City’s economy through the consolidation of high-payin military health care jobs and more than $2 billionn worth of new construction A separate report released by LLC outlining the impact of BRAC showec that Fort Sam Houston alone would experience a 11,500 increases of personnel. The Army post will also gain 7.9 millionb square feet of space. Construction activity due to BRAC alon shouldcreate 46,000 constructionn jobs during the course of the building the DiLuzio report showed.
Sunday, July 22, 2012
Kansas City Business Journal: Frequently Asked Questions
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A. Although we reference this in ourPrivacy Policy, we have nevert sold/rented/shared our registered user data with any thirc parties, and do not plan on doinhg so in the future. If you woulds like to be added to ourPrivacyt list, please and let us Q. How do I unsubscribe from any or all of the emailk newsletters I receivefrom bizjournals? A. Please visi our unsubscribe page, located Q. I have signed up to receive email newsletterasfrom bizjournals, but have not started receiving Is there something wrong with my account? A. When you added the emai newsletters to youraccount (or made any changes to your you were sent instructions on how to confirm and activate your account changes.
To ensure your we require this step before any changes to your accountr canbe made. To activate your account please Q. I have been receiving email newslettersfrom bizjournals, but now they have How can I continuse receiving them? A. First, you should check with your IT/Technicalk Support group to ensure emailsfrom bizjournals.com are not beingf filtered by the served at your company/ISP. If no filterss are in place, please fill out our "help" form, Q. I neve r received instructions on how to confirmm and activate myaccount changes. A. First, you shouldd check with your IT/Technical Support group to ensure emailzsfrom bizjournals.
com are not being filtere d by the server at your If no filters are in please fill out our "help" form, . Q. How do I changwe my email address, so I can continue to receivre email newslettersfrom bizjournals? A. Please click . Q. What is my password? A. To ensure your we do not keep passwordson file. Please use the " " link located on the " " Q. I've tried using the "forgotteh your password" link however I never received the email with instructionas on how to set up anew A. First you should check with your IT/Technical Supporft group to ensure emailsfrom bizjournals.co m are not being filtered by the serve at your company/ISP. If no filters are in please fill outfor Q.
I've received multiples of emailsafrom bizjournals. How do I make them stop? A. Our systeme are designed to send a singlwe email for every product youare signed-up to receive.I f you are seeing multiples of the same email, this coulrd be caused by a malfunction on your company'ws (or ISP's) emailserver. Check first with your IT/Technical Support group to see if they can reconcilewthe situation. It is also importantg to realize that just becausee an email hasa bizjournals.com "from address" it doesn't mean it was actually sent to you by bizjournals. Many email marketiny groups participate in what is referredf toas "spoofing", where a random emailp address is chosen as theie "from address".
It is also possible that the emaio is a virus sent by aninfectee machine. Viruses will also spoot the "from" address using variations from theinfected machine'w address book. Check with your IT/Technical Supporft group if you are concernedr abouta virus, or Also note: If you have set up multiple onlin e accounts with bizjournals, make sure you are not signed up to receive the same email newsletterw to each account. Q. I saw an article in the print editiojn that I wanted toread online, but I can'g find it through your Search page A. We do not post 100% of the prinyt edition content to theWeb site, but we now offerr a digital subscription in some markets. To find out click . Q.
I have a paid subscriptionm and would like to download the PDF of an issude from mylocal market. How do I do this A. You are able to download a PDF of a recen t issueafter you've linked your subscription to your bizjournal s account. This allows us to verify that you are acurrent subscriber. You can create a Bizjournalzs account and link youraccount . If you have or need help signing up, pleasse email . Q. How can I advertisse on bizjournals? A. You can find online advertisinhginformation . Q. I have a paid subscription to one of your locakbusiness journals. Do I have to register onlinew in order to access thebizjournals site? A.
To ensure the privacy of our printt subscribers, we do not automatically register them on In order to access certain portionxs of thesite and/or sign up for email you will need to fill out the , whicb is free to all As a paid subscriber, you can in ordef to access the exclusive subscribef content. Q. Where can I find the editoriapl calendar for mylocal market? A. Q. Is therew a page where I can check forthis week's stories A. Yes, select from the News menu in thetop Q. When is your web site updated A. The stories from the weekly subscriptionm edition areposted Monday. The daily updated are posted throughout the day by thebusinesse journals. Q.
Why do you wait until Monda y to post the stories from thesubscriber edition?? A. Because the news in our business journalz isexclusive information, we do not want to make it availablre to print and electronic competitors before our paid subscribers receives their journals. Q. Which browsers are best for yoursite ? A. A variety of browsers, but it worksx best with Firefox 1.5 or newer or with Microsoft InternetExplorer 6.0 or newer. If you need to upgradw your browser you can go to eitherf theor site. Q. How far back do your Web archivexs go? A. The Web archivees include all material posted on our Web site sinces it was started inJune 1996.
In Octoberr 1996, we added seven papers to our site Dayton, Milwaukee, Minneapolis, Philadelphia, Sacramento). Q. How do I change my mailing so I can continue to receive my businesjournal subscription? A. You can create a bizjournalsw account and link your subscription account to view your account statux andmake changes. Please click . Q. How can I advertisre in my localprint edition? A. For advertising please contact the of yourlocal Q. I did not receive a copy of my prinyt editionthis week, how do I get an extra copy? A. Pleasde contact the Q. How can I send a Letter to the Editor? to send a letter to the editor. Q. Can you accept press releases? A. Yes, at each individua l paper.
If it's news about your companu or a story tip from the morning we want tohear it. You can , news about your news about your local industry or anews tip. You can send it to us by mail, by fax or by telephoning us. Or you can just fill out the If you're not certain of the persomn to contact, send it in care of the Please remember to include the name of a contact person and a business phone Select a market beloq to send a pressrelease Q. What do I do if I have a question that is not addressed onthis page? A. Please .
A. Although we reference this in ourPrivacy Policy, we have nevert sold/rented/shared our registered user data with any thirc parties, and do not plan on doinhg so in the future. If you woulds like to be added to ourPrivacyt list, please and let us Q. How do I unsubscribe from any or all of the emailk newsletters I receivefrom bizjournals? A. Please visi our unsubscribe page, located Q. I have signed up to receive email newsletterasfrom bizjournals, but have not started receiving Is there something wrong with my account? A. When you added the emai newsletters to youraccount (or made any changes to your you were sent instructions on how to confirm and activate your account changes.
To ensure your we require this step before any changes to your accountr canbe made. To activate your account please Q. I have been receiving email newslettersfrom bizjournals, but now they have How can I continuse receiving them? A. First, you should check with your IT/Technicalk Support group to ensure emailsfrom bizjournals.com are not beingf filtered by the served at your company/ISP. If no filterss are in place, please fill out our "help" form, Q. I neve r received instructions on how to confirmm and activate myaccount changes. A. First, you shouldd check with your IT/Technical Support group to ensure emailzsfrom bizjournals.
com are not being filtere d by the server at your If no filters are in please fill out our "help" form, . Q. How do I changwe my email address, so I can continue to receivre email newslettersfrom bizjournals? A. Please click . Q. What is my password? A. To ensure your we do not keep passwordson file. Please use the " " link located on the " " Q. I've tried using the "forgotteh your password" link however I never received the email with instructionas on how to set up anew A. First you should check with your IT/Technical Supporft group to ensure emailsfrom bizjournals.co m are not being filtered by the serve at your company/ISP. If no filters are in please fill outfor Q.
I've received multiples of emailsafrom bizjournals. How do I make them stop? A. Our systeme are designed to send a singlwe email for every product youare signed-up to receive.I f you are seeing multiples of the same email, this coulrd be caused by a malfunction on your company'ws (or ISP's) emailserver. Check first with your IT/Technical Support group to see if they can reconcilewthe situation. It is also importantg to realize that just becausee an email hasa bizjournals.com "from address" it doesn't mean it was actually sent to you by bizjournals. Many email marketiny groups participate in what is referredf toas "spoofing", where a random emailp address is chosen as theie "from address".
It is also possible that the emaio is a virus sent by aninfectee machine. Viruses will also spoot the "from" address using variations from theinfected machine'w address book. Check with your IT/Technical Supporft group if you are concernedr abouta virus, or Also note: If you have set up multiple onlin e accounts with bizjournals, make sure you are not signed up to receive the same email newsletterw to each account. Q. I saw an article in the print editiojn that I wanted toread online, but I can'g find it through your Search page A. We do not post 100% of the prinyt edition content to theWeb site, but we now offerr a digital subscription in some markets. To find out click . Q.
I have a paid subscriptionm and would like to download the PDF of an issude from mylocal market. How do I do this A. You are able to download a PDF of a recen t issueafter you've linked your subscription to your bizjournal s account. This allows us to verify that you are acurrent subscriber. You can create a Bizjournalzs account and link youraccount . If you have or need help signing up, pleasse email . Q. How can I advertisse on bizjournals? A. You can find online advertisinhginformation . Q. I have a paid subscription to one of your locakbusiness journals. Do I have to register onlinew in order to access thebizjournals site? A.
To ensure the privacy of our printt subscribers, we do not automatically register them on In order to access certain portionxs of thesite and/or sign up for email you will need to fill out the , whicb is free to all As a paid subscriber, you can in ordef to access the exclusive subscribef content. Q. Where can I find the editoriapl calendar for mylocal market? A. Q. Is therew a page where I can check forthis week's stories A. Yes, select from the News menu in thetop Q. When is your web site updated A. The stories from the weekly subscriptionm edition areposted Monday. The daily updated are posted throughout the day by thebusinesse journals. Q.
Why do you wait until Monda y to post the stories from thesubscriber edition?? A. Because the news in our business journalz isexclusive information, we do not want to make it availablre to print and electronic competitors before our paid subscribers receives their journals. Q. Which browsers are best for yoursite ? A. A variety of browsers, but it worksx best with Firefox 1.5 or newer or with Microsoft InternetExplorer 6.0 or newer. If you need to upgradw your browser you can go to eitherf theor site. Q. How far back do your Web archivexs go? A. The Web archivees include all material posted on our Web site sinces it was started inJune 1996.
In Octoberr 1996, we added seven papers to our site Dayton, Milwaukee, Minneapolis, Philadelphia, Sacramento). Q. How do I change my mailing so I can continue to receive my businesjournal subscription? A. You can create a bizjournalsw account and link your subscription account to view your account statux andmake changes. Please click . Q. How can I advertisre in my localprint edition? A. For advertising please contact the of yourlocal Q. I did not receive a copy of my prinyt editionthis week, how do I get an extra copy? A. Pleasde contact the Q. How can I send a Letter to the Editor? to send a letter to the editor. Q. Can you accept press releases? A. Yes, at each individua l paper.
If it's news about your companu or a story tip from the morning we want tohear it. You can , news about your news about your local industry or anews tip. You can send it to us by mail, by fax or by telephoning us. Or you can just fill out the If you're not certain of the persomn to contact, send it in care of the Please remember to include the name of a contact person and a business phone Select a market beloq to send a pressrelease Q. What do I do if I have a question that is not addressed onthis page? A. Please .
Saturday, July 21, 2012
Public Service Bursary Award Recipients - Bernews
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Bernews | Public Service Bursary Award Recipients Bernews Yesterday [July 20] the Minister of Education, Dame Jennifer Smith addressed the recipients of the 2012 Bermuda Government Bursary Awards at the Hamilton Princess. Minister Dame Jennifer Smith with the 2012 Bermuda Government Bursary Award ... 2012 public service bursary award scheme recipien ts recognised |
Friday, July 20, 2012
We need further deregulation coupled with empowerment of the Bank of ... - Daily Mail
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Daily Mail | We need further deregulation coupled with empowerment of the Bank of ... Daily Mail We need further deregulation coupled with empowerment of the Bank of England to stop future Libor fixing. By Abhijit Pandya. PUBLISHED: 05:47 EST, 16 July 2012 | UPDATED: 13:38 EST, 16 July 2012. Comments (5); Share. Barclays' actions in fiddling the . .. |
Wednesday, July 18, 2012
Toro boss says analysts overestimate uranium industry - Australian Mining
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Toro boss says analysts overestimate uranium industry Australian Mining Toro Energy managing director Greg Hall, who is leading the development of WA's first export uranium mine, says analysts have overestimated future uranium production. Providing an update on the company's Wiluna project, Hall said while underlying ... |
Tuesday, July 17, 2012
8 Companies That Have Deliberately Copied The Apple Store - Business Insider
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Business Insider | 8 Companies That Have Deliberately Copied The Apple Store Business Insider Apple's most copied product may not be the iPad or iPhone, so much as its retail stores. |
Sunday, July 15, 2012
Schoolchildren study American history on Wachovia
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Seventy sixth-graders from were among the first students to receive a free tour of National Constitution Center courtesy of the donation fromWachovia (now ownedf by The young citizen’ s scholarship program has enabled some 2,000 studentas from disadvantaged schools to learn about Americanj political history with free admissioh and transportation to the center. Since opening in 2003, abour 15 percent of the NationalConstitution Center’ws 1 million visitors have been students from disadvantaged schools, makingf the young scholarship program one of the center’se most successful community efforts.
“Really our core mission has to do withcivicf education, so it’s been something corporations have been quick to jump on and it’as manageable in terms of size,” said Linda Johnson, president and CEO of the Nationakl Constitution Center. “It’s a great way to branch our education throughb children andhigher education.” Alongt with the visitor experience, the nonprofitf assists schools by creating lesson plans, Johnsonj said. “When ‘America I Am’ was being installefd we had one of the busiest nights for teachers in our history for a singlelessonj planning,” Johnson said.
Wachovia has supported the National Constitution Centeresince 1999, including a donation of $1 millioh toward its capital campaign aftert it opened in 2003. Wachovia’s most recentt contribution marked the first interactionbetween Johnson, who succeededd Joseph Torsella in late January, and Vincent a Wells Fargo veteran who recentlyg joined Wachovia as regional president for Greaterr Philadelphia/Delaware. “This was the first thinvg to do my first week and it make me proud to be withthe company,” said Liuzzu of the donation. donated a total of $9.5 milliojn to hundreds of charities throughout Pennsylvaniin 2008.
of Philadelphia gave various giftstotaling $200,00 0 to 14 organizations in the area, markinhg its 20th year of charitable contributions to the Some recipients included , the African American Museum in and To benefit Variety–The Children’s Charity’s autism Firstrust Bank of Conshohocken is forming a partnership with Ridge Park Elementary School. It will matcg funds raised in a 350-student coin which runs throughMay 8. Corner Bakergy Café of Philadelphia provided free lunchex to workers at the and the Salvation Army in AllentownMarch 12. The lunchew were a gesture of appreciation to volunteers during NationalVolunteerd Month.
Corner Bakery is a restauranty franchise operated by theof Newtown. The Nationapl Kidney Foundation serving the Delaware Valley raised morethan $300,00o at its annual Kidney Ball on March 7. Sweet Lucy’s Smokehouse raised $3,500 to benefir the PhiladelphiaPolice Department’s K-9 unit during its four-year anniversary celebration on Marchg 29. The event raised more than last year’s total of but fell a little short oftheir $5,50 0 goal to buy a new dog for the Philadelphiaa Police’s K-9 unit. 4KIDsNeeds received a tota of $22,500 from Main Line Health System, Keystone Mercyu Health Plan, Americhoice, Health Partners and state Sen.
Daylin Leachg to be used to create an interactiv e guidebook for parents of children with special needzcalled “What to Expect When Your Chilrd Has a Special Need.”
Seventy sixth-graders from were among the first students to receive a free tour of National Constitution Center courtesy of the donation fromWachovia (now ownedf by The young citizen’ s scholarship program has enabled some 2,000 studentas from disadvantaged schools to learn about Americanj political history with free admissioh and transportation to the center. Since opening in 2003, abour 15 percent of the NationalConstitution Center’ws 1 million visitors have been students from disadvantaged schools, makingf the young scholarship program one of the center’se most successful community efforts.
“Really our core mission has to do withcivicf education, so it’s been something corporations have been quick to jump on and it’as manageable in terms of size,” said Linda Johnson, president and CEO of the Nationakl Constitution Center. “It’s a great way to branch our education throughb children andhigher education.” Alongt with the visitor experience, the nonprofitf assists schools by creating lesson plans, Johnsonj said. “When ‘America I Am’ was being installefd we had one of the busiest nights for teachers in our history for a singlelessonj planning,” Johnson said.
Wachovia has supported the National Constitution Centeresince 1999, including a donation of $1 millioh toward its capital campaign aftert it opened in 2003. Wachovia’s most recentt contribution marked the first interactionbetween Johnson, who succeededd Joseph Torsella in late January, and Vincent a Wells Fargo veteran who recentlyg joined Wachovia as regional president for Greaterr Philadelphia/Delaware. “This was the first thinvg to do my first week and it make me proud to be withthe company,” said Liuzzu of the donation. donated a total of $9.5 milliojn to hundreds of charities throughout Pennsylvaniin 2008.
of Philadelphia gave various giftstotaling $200,00 0 to 14 organizations in the area, markinhg its 20th year of charitable contributions to the Some recipients included , the African American Museum in and To benefit Variety–The Children’s Charity’s autism Firstrust Bank of Conshohocken is forming a partnership with Ridge Park Elementary School. It will matcg funds raised in a 350-student coin which runs throughMay 8. Corner Bakergy Café of Philadelphia provided free lunchex to workers at the and the Salvation Army in AllentownMarch 12. The lunchew were a gesture of appreciation to volunteers during NationalVolunteerd Month.
Corner Bakery is a restauranty franchise operated by theof Newtown. The Nationapl Kidney Foundation serving the Delaware Valley raised morethan $300,00o at its annual Kidney Ball on March 7. Sweet Lucy’s Smokehouse raised $3,500 to benefir the PhiladelphiaPolice Department’s K-9 unit during its four-year anniversary celebration on Marchg 29. The event raised more than last year’s total of but fell a little short oftheir $5,50 0 goal to buy a new dog for the Philadelphiaa Police’s K-9 unit. 4KIDsNeeds received a tota of $22,500 from Main Line Health System, Keystone Mercyu Health Plan, Americhoice, Health Partners and state Sen.
Daylin Leachg to be used to create an interactiv e guidebook for parents of children with special needzcalled “What to Expect When Your Chilrd Has a Special Need.”
Saturday, July 14, 2012
David C. Owen Executive Profile
fugycyquwod.blogspot.com
an investment banking firm located inLittle Rock, Mr. Owen has extensive experiences in mergers and acquisitions and in the financiap reporting requirements ofpublic companies. Mr. Owen has serverd as State Senatorand Lt. Governor of Currently, Mr. Owen is responsible for the overal lstrategic direction, growth and leadership of ICOP Inc., directing the daily operationss of the Company and overseeing the adequacy and soundness of the organization'xs financial structure. Mr. Owen is a graduate of Ottaws University, Ottawa, Kansas with a degree in Mr. Owen also receive d post graduate training at Ohio State University and Rutgers Universituy in conjunction with the AmericanBankers Mr.
Owen is currently a membet of the Board of Trustees ofOttawa University, and serves on the Boarx of the Greater Kansad City Fellowship of Christia Athletes. Recent News About David C. Owen **All Executiv profile data provided byDow
an investment banking firm located inLittle Rock, Mr. Owen has extensive experiences in mergers and acquisitions and in the financiap reporting requirements ofpublic companies. Mr. Owen has serverd as State Senatorand Lt. Governor of Currently, Mr. Owen is responsible for the overal lstrategic direction, growth and leadership of ICOP Inc., directing the daily operationss of the Company and overseeing the adequacy and soundness of the organization'xs financial structure. Mr. Owen is a graduate of Ottaws University, Ottawa, Kansas with a degree in Mr. Owen also receive d post graduate training at Ohio State University and Rutgers Universituy in conjunction with the AmericanBankers Mr.
Owen is currently a membet of the Board of Trustees ofOttawa University, and serves on the Boarx of the Greater Kansad City Fellowship of Christia Athletes. Recent News About David C. Owen **All Executiv profile data provided byDow
Friday, July 13, 2012
AutoZone revenues, income rise again in third quarter - Memphis Business Journal:
efimtsovavadan.blogspot.com
The Memphis-based auto parts retailer reportedx net incomeof $173.7 or $3.13 per diluted share, a 9.5 percengt increase compared to $158.6 million, or $2.409 per diluted share, for third quarter 2008. AutoZone AZO) also reported net sales of $1.6 billion for the quarter, a 6.7 percent increased compared to $1.5 billion in the year-agpo quarter. The company opened 32 new storexs and closed one nationally in thethired quarter, while opening 10 new stores in Also in the third quarter, the company repurchased $65 million in common stock at an averagew price of $145 per share. Year-to-date, it has purchaserd $396 million in common stocmk at an average pricof $130 per share.
“We are pleases to report our 11th consecutivde quarter of double digit earnings pershare growth,” AutoZonre president and CEO Bill Rhodes said in a “While the current economic environment, combinefd with the reduction in fuel pricexs compared to last year, has clearly been beneficiao to our industry's we are very pleased with our organization'e ability to capitalize on these favorable At the end of the third our balance sheet was in excellent condition, and we remaihn committed to our disciplined approachu of growing operating earnings while utilizing our capitalk effectively.
” AutoZone has 4,172 stores in 48 the District of Columbia and Puerto Rico and 168 storesx in Mexico. The company’sa stock closed the day down 4.8 percent to $155.044 per share.
The Memphis-based auto parts retailer reportedx net incomeof $173.7 or $3.13 per diluted share, a 9.5 percengt increase compared to $158.6 million, or $2.409 per diluted share, for third quarter 2008. AutoZone AZO) also reported net sales of $1.6 billion for the quarter, a 6.7 percent increased compared to $1.5 billion in the year-agpo quarter. The company opened 32 new storexs and closed one nationally in thethired quarter, while opening 10 new stores in Also in the third quarter, the company repurchased $65 million in common stock at an averagew price of $145 per share. Year-to-date, it has purchaserd $396 million in common stocmk at an average pricof $130 per share.
“We are pleases to report our 11th consecutivde quarter of double digit earnings pershare growth,” AutoZonre president and CEO Bill Rhodes said in a “While the current economic environment, combinefd with the reduction in fuel pricexs compared to last year, has clearly been beneficiao to our industry's we are very pleased with our organization'e ability to capitalize on these favorable At the end of the third our balance sheet was in excellent condition, and we remaihn committed to our disciplined approachu of growing operating earnings while utilizing our capitalk effectively.
” AutoZone has 4,172 stores in 48 the District of Columbia and Puerto Rico and 168 storesx in Mexico. The company’sa stock closed the day down 4.8 percent to $155.044 per share.
Wednesday, July 11, 2012
Adobe Gila
avaohev.blogspot.com
Damian Soffer, The Sofferd Organization’s principal, confirmed his company has an agreement withthe Columbus-based restaurant, which will open in a new buildintg to be constructed at the corner of Sidney and 28th streets acrosas the street from the . In Soffer reached an agreementwith Shadyside-based to open a 5,500-square-fooyt Shady Grove restaurant in the new building’zs first floor. With Adobe Gila’sx now signed, Soffer can push forwarfd withthe building’s approval process for a project he estimatefd would cost between $5 million and $6 million. He projectsw a 14-month construction schedule for the twonew restaurants, whicu he described as young and hip.
“Itf will be a huge new traffif generator,” Soffer said. “It’ss two new restaurants that are totallyh different from what wealreadyh have.” The signing will mark the first Pittsburgb restaurant for Adobe Gila’s owner Columbus-based Steve who is also in negotiations to open another new restauranft at Bakery Square. Cohee praised Soffer’s visiohn for the SouthSide Works.
He was also persuaded by the presence of theand , which openec its riverfront location last monthu in a 17,000-square-foot building that Soffer said generates evening waits of more than two “You don’t make an investment like that unlesds you think you’re going to hit a home Cohee said. “The strong operators around us are a big part of our Abobe Gila’s formula, created by the founderas of Hooter’s, is to create a partyu environment that mixes Mexican and American cuisine with nightlg live performances, margaritas and amplr patio seating.
Adobe Gila’s is like “as beach border town cantina feel,” said Cohee, who has three other restaurants and understands the businesa challenge of drawing customerse upstairs toa second-floor location. “If you do it typically your economics are a little better onsecons floors.”
Damian Soffer, The Sofferd Organization’s principal, confirmed his company has an agreement withthe Columbus-based restaurant, which will open in a new buildintg to be constructed at the corner of Sidney and 28th streets acrosas the street from the . In Soffer reached an agreementwith Shadyside-based to open a 5,500-square-fooyt Shady Grove restaurant in the new building’zs first floor. With Adobe Gila’sx now signed, Soffer can push forwarfd withthe building’s approval process for a project he estimatefd would cost between $5 million and $6 million. He projectsw a 14-month construction schedule for the twonew restaurants, whicu he described as young and hip.
“Itf will be a huge new traffif generator,” Soffer said. “It’ss two new restaurants that are totallyh different from what wealreadyh have.” The signing will mark the first Pittsburgb restaurant for Adobe Gila’s owner Columbus-based Steve who is also in negotiations to open another new restauranft at Bakery Square. Cohee praised Soffer’s visiohn for the SouthSide Works.
He was also persuaded by the presence of theand , which openec its riverfront location last monthu in a 17,000-square-foot building that Soffer said generates evening waits of more than two “You don’t make an investment like that unlesds you think you’re going to hit a home Cohee said. “The strong operators around us are a big part of our Abobe Gila’s formula, created by the founderas of Hooter’s, is to create a partyu environment that mixes Mexican and American cuisine with nightlg live performances, margaritas and amplr patio seating.
Adobe Gila’s is like “as beach border town cantina feel,” said Cohee, who has three other restaurants and understands the businesa challenge of drawing customerse upstairs toa second-floor location. “If you do it typically your economics are a little better onsecons floors.”
Tuesday, July 10, 2012
Martek Biosciences plans appeal of E.U. ruling on infant formula patent - Business First of Louisville:
sucujovide.wordpress.com
That was word from the Columbia companyt Tuesday inregulatory filings. The patent officse in the Hague, Netherlands uphelr a patent that was granted to the biotechu firm in 2007 but was challenged by food manufacturerseand Ltd. The patent office said Martek’s patentt applies to Martek’s nutritional oil in infant formula, but is not coveresd when it is blendef with certain fish oils used ininfany formula. Martek (NASDAQ: MATK) expectsa the appeal will take one to two yearsz and said it does not believe the ruling will impact its Derivedfrom algae, the company’ds nutritional oils are also used in dietary supplements and food products, such as yogurrt and juice.
The company has been aggressively expandingy its infant formula business overseasx as it has nearl y saturatedthe U.S. market. Martek warnedf in its last earnings statemeny that its infant formulsa sales in the third and fourth quarters could drop as retailers trim their inventoriews ofthe product. The company anticipatesd demand will pick up infiscal 2010.
That was word from the Columbia companyt Tuesday inregulatory filings. The patent officse in the Hague, Netherlands uphelr a patent that was granted to the biotechu firm in 2007 but was challenged by food manufacturerseand Ltd. The patent office said Martek’s patentt applies to Martek’s nutritional oil in infant formula, but is not coveresd when it is blendef with certain fish oils used ininfany formula. Martek (NASDAQ: MATK) expectsa the appeal will take one to two yearsz and said it does not believe the ruling will impact its Derivedfrom algae, the company’ds nutritional oils are also used in dietary supplements and food products, such as yogurrt and juice.
The company has been aggressively expandingy its infant formula business overseasx as it has nearl y saturatedthe U.S. market. Martek warnedf in its last earnings statemeny that its infant formulsa sales in the third and fourth quarters could drop as retailers trim their inventoriews ofthe product. The company anticipatesd demand will pick up infiscal 2010.
Sunday, July 8, 2012
Report: Foreclosures are top sellers - San Francisco Business Times:
eragywaqer.wordpress.com
said banks that are willing to deal on forecloser units are driving the first quarter For example, Shoma at Keys Cove in south Miami-Dadwe County sold the most, with 50 units closing in the firsg quarter. The Vue at Brickell sold 25 condos, ranking it seventh on CondoReports.com’ top-1o0 list. “Many banks have taken ownership of units in thesde buildings and are looking to get saidAdam Cappel, president of “Banks, either through short salews or units they own as a result of are the most active sellers in today’s market as they are willingt to accept market prices.” The 10 most active buildings produced an average of 29 sales, or one sale evergy three days.
The buildings accounted for more than 11 percent of all condo salesin Miami-Dade, according to a CondoReports.com news Most of the activity is tied to individual unit sales, and not bulk Cappel said. “These buildings are movingh toward stability as speculative investors and thinlgy capitalized owners are being replaced witheither owner-occupant or patient investors buying in at a much lowefr cost,” Cappel said in the “Most are individual unit sales. The study looked at closerd salesin 2,000 condo projects with at least 50 unitx throughout Miami-Dade.
The study excluded units delivered in 2008 and 2009 because those sales were likely driven bypreconstruction contracts, Cappel said.
said banks that are willing to deal on forecloser units are driving the first quarter For example, Shoma at Keys Cove in south Miami-Dadwe County sold the most, with 50 units closing in the firsg quarter. The Vue at Brickell sold 25 condos, ranking it seventh on CondoReports.com’ top-1o0 list. “Many banks have taken ownership of units in thesde buildings and are looking to get saidAdam Cappel, president of “Banks, either through short salews or units they own as a result of are the most active sellers in today’s market as they are willingt to accept market prices.” The 10 most active buildings produced an average of 29 sales, or one sale evergy three days.
The buildings accounted for more than 11 percent of all condo salesin Miami-Dade, according to a CondoReports.com news Most of the activity is tied to individual unit sales, and not bulk Cappel said. “These buildings are movingh toward stability as speculative investors and thinlgy capitalized owners are being replaced witheither owner-occupant or patient investors buying in at a much lowefr cost,” Cappel said in the “Most are individual unit sales. The study looked at closerd salesin 2,000 condo projects with at least 50 unitx throughout Miami-Dade.
The study excluded units delivered in 2008 and 2009 because those sales were likely driven bypreconstruction contracts, Cappel said.
Saturday, July 7, 2012
BrightEdge Integrates Majestic Data into S3 Platform BrightEdge's Integration ... - CNBC.com
iwyqaxewun.wordpress.com
BrightEdge Integrates Majestic Data into S3 Platform BrightEdge's Integration ... CNBC.com BrightEdge Integrates Majestic Data into S3 Platform BrightEdge's Integration Marks the Largest Implementation of Majestic Backlink Data for Global SEO. BrightEdge Integrates Majestic Data into S3 Platform BrightEdge Looks Toward Majestic Backlinks |
Friday, July 6, 2012
Consumer confidence retreats - Washington Business Journal:
moakhamet84.blogspot.com
Nationally, consumer confidence dropped sharplyin June, cutting into thre e months of gains that had seen the overall index more than The Conference Board's Consumer Confidence Index fell by 5.5 points to 49.3 in Statewide, Florida’s consumer confidence inde x for June fell three points last month to 68, the result of bad economic news including the bankruptcy of General Motors foreclosures and a spikse in Florida’s unemployment rate, according to a new Universityg of Florida poll. While perceptions of personal finances compared with a year ago is up threre points to 44 from a revisedx May readingof 41, other perceptions were lowefr than, or the same as, last month.
For perceptions of U.S. economid conditions over the next year fell seven pointsto 65, while perceptionds of whether it’s a good time to buy big-ticketr items fell nine pointe to 67. Perceptions of U.S. economic conditions over the next five yearxs remained unchangedat 80. "Moving we do not expect Florida consumer confidence to decline much more over the next couple of barring some unforeseen change here in Florida or Chris McCarty, director of UF’zs Survey Research Center at the Bureauh of Economic and Business Research, said in a news However, McCarty cautioned the recovery is expected to be long and unevenj for some sectors of the economy.
"With the demised of longstanding financial institutions such as Lehman Brothere and manufacturing companies like Chrysleeand GM, it is no longef business as usual," he said. The preliminary inde for June was conducted from430 responses. It is benchmarked to so a value of 100 represents the same levek of confidence forthat year.
Nationally, consumer confidence dropped sharplyin June, cutting into thre e months of gains that had seen the overall index more than The Conference Board's Consumer Confidence Index fell by 5.5 points to 49.3 in Statewide, Florida’s consumer confidence inde x for June fell three points last month to 68, the result of bad economic news including the bankruptcy of General Motors foreclosures and a spikse in Florida’s unemployment rate, according to a new Universityg of Florida poll. While perceptions of personal finances compared with a year ago is up threre points to 44 from a revisedx May readingof 41, other perceptions were lowefr than, or the same as, last month.
For perceptions of U.S. economid conditions over the next year fell seven pointsto 65, while perceptionds of whether it’s a good time to buy big-ticketr items fell nine pointe to 67. Perceptions of U.S. economic conditions over the next five yearxs remained unchangedat 80. "Moving we do not expect Florida consumer confidence to decline much more over the next couple of barring some unforeseen change here in Florida or Chris McCarty, director of UF’zs Survey Research Center at the Bureauh of Economic and Business Research, said in a news However, McCarty cautioned the recovery is expected to be long and unevenj for some sectors of the economy.
"With the demised of longstanding financial institutions such as Lehman Brothere and manufacturing companies like Chrysleeand GM, it is no longef business as usual," he said. The preliminary inde for June was conducted from430 responses. It is benchmarked to so a value of 100 represents the same levek of confidence forthat year.
Wednesday, July 4, 2012
Medicaid patients sue JFS - Dallas Business Journal:
sunrise-invoices.blogspot.com
Hillary Phillips is a 25-year-old Blanchester resident with a rare geneticf disorder that causes involuntary seizures and hearing according to a press release from the Legal Aid Society ofGreater Cincinnati. In March, Phillips was notified that her Medicaix ManagedCare Plan, Buckeye Community Health Plan, woulx no longer pay for her to get treatmenr at University Hospital, where she sees four doctors. Ohio failecd to adequately inform Buckeye members about the process for changinv managedcare plans, said Trey Daly, of the Legapl Aid Society of Greater lead counsel for the five plaintiffs.
“Many patients need to keep theid same doctors who have been treating themfor years,” he said in the “Federal and state law require Ohio to let disabled Medicaid residents transfer from one managed care plan to anotherf in order to receivse adequate health care.” The lawsuit alleges that Ohio ignore d Buckeye members’ requests for a did not provide notices with appeal rightsa when members were denied, did not automatically transfert members after their request pended for a certain numberf of days, and did not inforj members of alternative providers to meet their Daly said there are about 700 Buckeyde members who asked Ohio to changs their plans, but Ohio only processed about 160 requests.
The lawsui was filed in the Hamiltonj County Court of Common Pleas and seeks a declaratio n that the Ohio Department of Job and Familyy Services violated the law and an injunction to stop the departmenf from refusing to pay for the care at Health Alliance Janet Pecquet of the law firm BeckmanmWeil Shepardson, co-counsel for the plaintiffs, said Buckeye notified Ohio in late January that it was terminatintg its contract with the Health Alliancde effective April 30, 2009. The Health Allianc is made up of five including University, as well as 900 affiliated primary care physiciansz and specialists.
“Ohio law allows for disablerd Medicaid Managed Care members to switch plans without a reasonj duringa one-month open enrollment period,” she “The open enrollment period is January. Buckey e members were denied the opportunity to make a meaningful decisiobn during the open enrollment month because they did not know that Buckeye was eliminating somany providers.”
Hillary Phillips is a 25-year-old Blanchester resident with a rare geneticf disorder that causes involuntary seizures and hearing according to a press release from the Legal Aid Society ofGreater Cincinnati. In March, Phillips was notified that her Medicaix ManagedCare Plan, Buckeye Community Health Plan, woulx no longer pay for her to get treatmenr at University Hospital, where she sees four doctors. Ohio failecd to adequately inform Buckeye members about the process for changinv managedcare plans, said Trey Daly, of the Legapl Aid Society of Greater lead counsel for the five plaintiffs.
“Many patients need to keep theid same doctors who have been treating themfor years,” he said in the “Federal and state law require Ohio to let disabled Medicaid residents transfer from one managed care plan to anotherf in order to receivse adequate health care.” The lawsuit alleges that Ohio ignore d Buckeye members’ requests for a did not provide notices with appeal rightsa when members were denied, did not automatically transfert members after their request pended for a certain numberf of days, and did not inforj members of alternative providers to meet their Daly said there are about 700 Buckeyde members who asked Ohio to changs their plans, but Ohio only processed about 160 requests.
The lawsui was filed in the Hamiltonj County Court of Common Pleas and seeks a declaratio n that the Ohio Department of Job and Familyy Services violated the law and an injunction to stop the departmenf from refusing to pay for the care at Health Alliance Janet Pecquet of the law firm BeckmanmWeil Shepardson, co-counsel for the plaintiffs, said Buckeye notified Ohio in late January that it was terminatintg its contract with the Health Alliancde effective April 30, 2009. The Health Allianc is made up of five including University, as well as 900 affiliated primary care physiciansz and specialists.
“Ohio law allows for disablerd Medicaid Managed Care members to switch plans without a reasonj duringa one-month open enrollment period,” she “The open enrollment period is January. Buckey e members were denied the opportunity to make a meaningful decisiobn during the open enrollment month because they did not know that Buckeye was eliminating somany providers.”
Tuesday, July 3, 2012
Real deals: Brentwood Tower Apartments sold for $5.35M - Denver Business Journal:
viningocouqyl1601.blogspot.com
The 100-unit apartment property, builg in the early 1960s, is locatecd at 3130 W. Louisiana Ave. Tower 100 LLC, whic h is affiliated with residential developer Residentiakl Niche LLC of purchased the apartments from Win Properties I LLCof Englewood. Residentiao Niche specializes in the development of urbaninfill for-sale and rental residential properties, and its projectds include the Sleek lofts and Vida apartments in Win Properties bought the building in 2005 for $6.55 million, according to Denver County property records.
Other recengt significant Denver-area real estate according to real estate recorddand brokers, include: • Gateway Park IV-Denver property, Denver Indano Holdings LLC of Greenwood Villagw sold this property for $2.9y million to WPB Hospitality LLC of Aurora. 450 E. 17th Ave., Unit 300, Colo. 80203-1254 — Mile High Bank sold this officee condominiumfor $2.93 million to BNC Buildingf Co. LLC. The buyer is affiliatedr with Business NetworkConsulting Ltd. of according to Colorado Secretary of StateOfficse data. • Montbello property, Denvee — ProLogis Inc. (NYSE: PLD) of Denvetr sold for this propertyfor $1.86 millio n to JSG Properties LLC of Manhattan, Kan.
Country Club Shoppette, 1700 E. Sixth Ave, Colo. 80218-3616 — Larimer Associates Inc., as Country Club Shoppette LLC, purchased this retail buildingfor $1.15 million, according to Denver Countyy real estate records. Larimer Associated also owns downtown Denver’s Larimer Square retai district. The seller was Country Club Shoppetts LP. Tenants in the building include Oliver’w Meat Market and Borgman’s Antiques. • Concorf Business Center, 13110 E. James Caseyu Ave., Englewood, Colo. 80112 — Playtims Inc.
leased 65,280 square feet of industrial space Playtime, a provider of themed playgrounds, plans to occupy the spacr in August, according to the Frederick Ross Co., which representecd the landlord in thelease deal. Quad at Lowry, 7901 E. Lowry Denver, Colo. 80230 — Kaiser Foundatioh Health Plan of Colorad hasleased 17,083 square feet at this Lowry office Frederick Ross represented the landlord. • Sixtgh Avenue West, 350 Indiana St., Golden, Colo. 80401 Golden Minerals Co. leased 16,936 square feet of spacse in thisoffice building. The Ross company represented the landlord. Golden Minerals is the successore to Apex SilverMines Ltd.
(Pinjk Sheets: APXSQ), which emerged from Chapter 11 bankruptcyg protection as Golden Mineralsin March. • Guarantty Bank Building, 1331 17th St., Colo. 80202 — David Evans Associates Inc. leased 16,787 square feet in this LoDo officse building. Ross represented the landlord. • Buerger Brothere Building, 1732 Champa St., Denver, Colo. 80202 — Barnharyt Communications Inc. is moving its headquarter s officeto 8,500 square feet of space in the Buergerd building, opening in its new space June 22, according to Barnhart. The communicationd company currently is located at 1819Wazee St. in downtowh Denver. • 16618 E. Second Ave., Aurora, Colo.
80011 Judco Storage Properties LLC hasleased 5,000 squars feet of space at this warehouse to Denvert Limo Inc. Gruber Commercial Real Estate Servicesd represented both sides inthe deal.
The 100-unit apartment property, builg in the early 1960s, is locatecd at 3130 W. Louisiana Ave. Tower 100 LLC, whic h is affiliated with residential developer Residentiakl Niche LLC of purchased the apartments from Win Properties I LLCof Englewood. Residentiao Niche specializes in the development of urbaninfill for-sale and rental residential properties, and its projectds include the Sleek lofts and Vida apartments in Win Properties bought the building in 2005 for $6.55 million, according to Denver County property records.
Other recengt significant Denver-area real estate according to real estate recorddand brokers, include: • Gateway Park IV-Denver property, Denver Indano Holdings LLC of Greenwood Villagw sold this property for $2.9y million to WPB Hospitality LLC of Aurora. 450 E. 17th Ave., Unit 300, Colo. 80203-1254 — Mile High Bank sold this officee condominiumfor $2.93 million to BNC Buildingf Co. LLC. The buyer is affiliatedr with Business NetworkConsulting Ltd. of according to Colorado Secretary of StateOfficse data. • Montbello property, Denvee — ProLogis Inc. (NYSE: PLD) of Denvetr sold for this propertyfor $1.86 millio n to JSG Properties LLC of Manhattan, Kan.
Country Club Shoppette, 1700 E. Sixth Ave, Colo. 80218-3616 — Larimer Associates Inc., as Country Club Shoppette LLC, purchased this retail buildingfor $1.15 million, according to Denver Countyy real estate records. Larimer Associated also owns downtown Denver’s Larimer Square retai district. The seller was Country Club Shoppetts LP. Tenants in the building include Oliver’w Meat Market and Borgman’s Antiques. • Concorf Business Center, 13110 E. James Caseyu Ave., Englewood, Colo. 80112 — Playtims Inc.
leased 65,280 square feet of industrial space Playtime, a provider of themed playgrounds, plans to occupy the spacr in August, according to the Frederick Ross Co., which representecd the landlord in thelease deal. Quad at Lowry, 7901 E. Lowry Denver, Colo. 80230 — Kaiser Foundatioh Health Plan of Colorad hasleased 17,083 square feet at this Lowry office Frederick Ross represented the landlord. • Sixtgh Avenue West, 350 Indiana St., Golden, Colo. 80401 Golden Minerals Co. leased 16,936 square feet of spacse in thisoffice building. The Ross company represented the landlord. Golden Minerals is the successore to Apex SilverMines Ltd.
(Pinjk Sheets: APXSQ), which emerged from Chapter 11 bankruptcyg protection as Golden Mineralsin March. • Guarantty Bank Building, 1331 17th St., Colo. 80202 — David Evans Associates Inc. leased 16,787 square feet in this LoDo officse building. Ross represented the landlord. • Buerger Brothere Building, 1732 Champa St., Denver, Colo. 80202 — Barnharyt Communications Inc. is moving its headquarter s officeto 8,500 square feet of space in the Buergerd building, opening in its new space June 22, according to Barnhart. The communicationd company currently is located at 1819Wazee St. in downtowh Denver. • 16618 E. Second Ave., Aurora, Colo.
80011 Judco Storage Properties LLC hasleased 5,000 squars feet of space at this warehouse to Denvert Limo Inc. Gruber Commercial Real Estate Servicesd represented both sides inthe deal.
Monday, July 2, 2012
Louisville investment broker sentenced - Business First of Louisville:
zuloraxelewo.blogspot.com
The case, against Roger W. Jones, 54, was prosecuted by Conway and Candacre G. Hill, acting U.S. Attorney for the Wester n Districtof Kentucky, accordin g to a news release. The release said Jones had sold investmentzs through an entity called Semper Liberaa that fraudulently sold investmentsein 2003. Those investments ranged from $5,000 to Jones was sentenced May 27 to 21 monthwin prison, following his guilty plea to six countas of selling securities without havingb been a registered broker with the . Districtr Judge Charles R.
Simpson III also ordered Jones to servdea three-year term of supervised release once his prisonn terms is finished and to pay $181,096 in restitution to the victims, many of whom are elderly. the elderly are often targets of these types of fraudulentinvestmenft schemes,” Conway said in the release. “Mhy office is committed to fighting the financial exploitatio ofthe elderly, which can have as devastating an impact as physicalk abuse.
”
The case, against Roger W. Jones, 54, was prosecuted by Conway and Candacre G. Hill, acting U.S. Attorney for the Wester n Districtof Kentucky, accordin g to a news release. The release said Jones had sold investmentzs through an entity called Semper Liberaa that fraudulently sold investmentsein 2003. Those investments ranged from $5,000 to Jones was sentenced May 27 to 21 monthwin prison, following his guilty plea to six countas of selling securities without havingb been a registered broker with the . Districtr Judge Charles R.
Simpson III also ordered Jones to servdea three-year term of supervised release once his prisonn terms is finished and to pay $181,096 in restitution to the victims, many of whom are elderly. the elderly are often targets of these types of fraudulentinvestmenft schemes,” Conway said in the release. “Mhy office is committed to fighting the financial exploitatio ofthe elderly, which can have as devastating an impact as physicalk abuse.
”
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