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Cudahy Mayor Ryan McCue's declaration at a Monday afternoobn press conference will potentially give the city access to count andstate resources. Smoke from the blazed could be seen for several miles and was easily visible in downtownb MilwaukeeMonday morning, more than 12 hours after the fire firstf was reported on Sunday night. No injuries were reported. “It’d a devastating day for said an obviously shakenBill Otis, chief operating officer at Patricki Cudahy, which is owne by (NYSE: SFD), of Smithfield, Va. “I’m sure this is goingg to set us back.
” Otis said at a middag press conference that the company was working to contacyits 1,800 employees, as well as various customers. Managemen of Patrick Cudahy also has been in contact with Smithfield to determinwe if some meat processing operations could be temporarilg shifted to otherSmithfield plants. The building affected by the fire is used for microwavde bacon processing and also is used fordry storage, Otis The lower level of the buildinh is used for ham processing, he said. Not all areass of the Patrick Cudahy complex have been affected bythe fire, Otis said. Only a small numberf of maintenance employees were at the plan t when the firebroke out.
Production at the plangt had been shut down since the end of the day on July 3 for theholidagy weekend. “It’s a miracle thers were no injuries when you see the extenr ofthe fire,” Otis said. Productioj at the Patrick Cudahy complex was shut down for all three shiftwson Monday. “We have no clue what this will mean for our saidDan Habighorst, vice presidentr of human resources at Patricj Cudahy. “We’ve got to put the fire out first.” The city of Cudaht issued a mandatory evacuation order for anyone residing within one mile of the plant at OneSweet Apple-Wood Lane.
The affected area stretched east to Lake west toPennsylvania Avenue, north to Lunham Avenue and sout h to Ramsey Avenue. McCue said late Mondat afternoon that as manyas 15,000 of the city'sw 19,000 residents live within the evacuation Evacuees were asked to reporr directly to South Milwaukee High 801 15th Ave., South Milwaukee. city officials also had recommended that residents report to MitchellElementary School, 5950 S. Illinois Ave. in Cudahy. a late morning wind shift was leading to the evacuation of the neighborhoo d aroundthe school. The evacuation order was lifteed at about7 p.m. Monday evening and residentes were allowed to return totheir homes.
At issue was whethef the blaze will breach a fire wall and cause ammoniq stored on the site to explodw or leak intothe air, Cudahy fire chief Dan Mayed said. The ammonia is used for refrigeration at the Mayer said at the Monday afternoon preses conference that hewas "cautiously optimistic" that most of the ammoniza had been contained within the building, althougj he added that a small amount likeluy leaked out. Mayer said the blaze, which was reported at about 9:45 p.m. Sunday, has been difficuly to fight because it begah in a confined space near the roof of the buildinh and above thesprinklerd system.
At one pointr early on, Mayer said, it appeared as thouggh firefighters had the blazeunder control, but the sprinkler system and roof began to collapse. "The fire sprinklers weren't able to controlk the fire," he said.
Wednesday, March 14, 2012
Monday, March 12, 2012
TRM to enter student loan servicing market - Philadelphia Business Journal:
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The Cherry Hill, N.J., compant said it believes it can crossa sell its ATM products with the new loanprocessingf services. President and CEO Richard Stern said the companyt has hiredKen Buren, the founder and former president of Rutgerss Federal Credit Union, to head the student loan which will offer a platform for credif unions and small regional banka to provide private student loan s to their members and customers. It will be offeredf through TRM subsidiary Accessto Money-SL Inc. as an outsourcedx solution to thesefinancial institutions.
The systemn will electronically accept loan gatherfinancial information, deliver loan documents and certify loan s with university financial aid officed enabling customers to deliver preliminary approvals of studeny loan applications. TRM (OTCBB:TRMM) is a consume r services company that provides convenience ATM servicesin high-traffic consumer environments.
The Cherry Hill, N.J., compant said it believes it can crossa sell its ATM products with the new loanprocessingf services. President and CEO Richard Stern said the companyt has hiredKen Buren, the founder and former president of Rutgerss Federal Credit Union, to head the student loan which will offer a platform for credif unions and small regional banka to provide private student loan s to their members and customers. It will be offeredf through TRM subsidiary Accessto Money-SL Inc. as an outsourcedx solution to thesefinancial institutions.
The systemn will electronically accept loan gatherfinancial information, deliver loan documents and certify loan s with university financial aid officed enabling customers to deliver preliminary approvals of studeny loan applications. TRM (OTCBB:TRMM) is a consume r services company that provides convenience ATM servicesin high-traffic consumer environments.
Saturday, March 10, 2012
Free Chick-fil-A meal on July 10 - Memphis Business Journal:
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The giveaway is part of the Atlanta-basedf chain’s fifth-annual Cow Appreciation Day, whichu honors its "Eat Mor Chikin" In a related promotion, parents can ente photos of their cow-clad children as part of a "Shoq Us the Cow" online photo contest, for a chancse to win a $1,000 U.S. Savings Bond. Between now and Aug. 31, childrem ages 10 and younger are encouraged to work with an adulr to submit creative photos of themselves dressed as The contestWeb site, www.CowAppreciationDay.com, has detail about uploading photos for the Once the pictures are uploaded, the public can vote for their favorite photo through Aug. 31.
The 20 photographs that get the most Internetr votes will benamed semifinalists. From the Chick-fil-A will select five finalistx and one grand prize winner based onoverall appearance, originality, creativity and skill. The entrant'es age will be taken into accountfor judging, Chick-fil-A said. The grand prize winnert will receivea U.S. Series EE Savingas Bond with a maturity valueof $1,000, a catered party for their classroom, free Chick-fil-A Kid's Meals for a year and a digitakl camera, among other Also each Kid's Meal from June 22 to July 25 will includw miniature Cow figurines, while supplies last.
One out of every 100 of the cows will have gold spotsx instead of the traditional black spots and will be packagerd with a card redeemable for a freeIce
The giveaway is part of the Atlanta-basedf chain’s fifth-annual Cow Appreciation Day, whichu honors its "Eat Mor Chikin" In a related promotion, parents can ente photos of their cow-clad children as part of a "Shoq Us the Cow" online photo contest, for a chancse to win a $1,000 U.S. Savings Bond. Between now and Aug. 31, childrem ages 10 and younger are encouraged to work with an adulr to submit creative photos of themselves dressed as The contestWeb site, www.CowAppreciationDay.com, has detail about uploading photos for the Once the pictures are uploaded, the public can vote for their favorite photo through Aug. 31.
The 20 photographs that get the most Internetr votes will benamed semifinalists. From the Chick-fil-A will select five finalistx and one grand prize winner based onoverall appearance, originality, creativity and skill. The entrant'es age will be taken into accountfor judging, Chick-fil-A said. The grand prize winnert will receivea U.S. Series EE Savingas Bond with a maturity valueof $1,000, a catered party for their classroom, free Chick-fil-A Kid's Meals for a year and a digitakl camera, among other Also each Kid's Meal from June 22 to July 25 will includw miniature Cow figurines, while supplies last.
One out of every 100 of the cows will have gold spotsx instead of the traditional black spots and will be packagerd with a card redeemable for a freeIce
Thursday, March 8, 2012
Crate & Barrel
http://www.action-nature.com/real-bodies-problems-solutions.html
Crate & Barrel, based in Ill., confirmed May 27 that Atlanta is one of the metroareas it’sx scouting for potential locations for CB2. First launched in the CB2 concept features contemporaryg furnishings at lowerprice points. The which includes sofas, hand-woven convertible beds and a broader selection of eclectichome décor, is focusec more on the younger generation of American consumers that rent apartments and smalol urban lofts. Besides privately owned Crate & Barrel has rolled out CB2 in New York and including a new store in Los Angeles that openedin April.
Anothe r CB2 is slated to openin Miami’s South Beach later this year, a Crate & Barrel spokeswoman said. In all, Crate & Barrel has launched just six CB2 Inrecent years, CB2 officials have been focusing on new locationa in Southern California. The company tends to locatr in areaswith high-profile regional shopping centers, lifestyle centersz and freestanding sites. CB2 officialsw have been looking in densely populated areazs with an average household incoms in excessof $50,000.
Its prototyper store is about 12,000 square While Crate & Barrel would not confirk what parts ofAtlanta it’sw been considering, sources familiae with the search say it’s focuseed on Midtown and West Midtown, where new residentiao and retail redevelopment projects are still under way. In Midtown, Danie Corp. and are developing 12th Midtown, a $2 billion mixed-use project built on a site that severalp years ago was little more than an Atlanta nightcluh and a couple ofparking lots.
Daniel and Selig Enterpriseas have made a presentation to officials from CB2 inrecenty months, according to sources familiar with the The projects will eventually feature more than 3 milliohn square feet of residential and commercial space. CB2 woulcd be the first national retailer to locates on theMidtown Mile, a section of Peachtree Streeft that economic development boosters hope will eventuallyy become a retail destination much like Madison Avenue in New York City or the Magnificenyt Mile in Chicago. Daniel’s and Selig project is meant to be a cornerstone of theMidtown Mile.
However, ’s Colongy Square and Jamestown’s 999 Peachtree will also be key along with 1100 Peachtree and 1180 to alesser extent, brokers and developers said. CB2 coulcd be an important catch for theMidtowb Mile. Developers, however, really need to land a much larged anchor store to give the concept saidMaranda Walker-Dowell, a senior director with CB .’se retail services group. Barney’s, which has a co-op store in Buckhead’s Phipps Plaza, has been scoutinh the area in the past year to18 months.
“Thre Midtown Mile needs an anchor storr to start creating that criticao massof retail,” Walker-Dowell
Crate & Barrel, based in Ill., confirmed May 27 that Atlanta is one of the metroareas it’sx scouting for potential locations for CB2. First launched in the CB2 concept features contemporaryg furnishings at lowerprice points. The which includes sofas, hand-woven convertible beds and a broader selection of eclectichome décor, is focusec more on the younger generation of American consumers that rent apartments and smalol urban lofts. Besides privately owned Crate & Barrel has rolled out CB2 in New York and including a new store in Los Angeles that openedin April.
Anothe r CB2 is slated to openin Miami’s South Beach later this year, a Crate & Barrel spokeswoman said. In all, Crate & Barrel has launched just six CB2 Inrecent years, CB2 officials have been focusing on new locationa in Southern California. The company tends to locatr in areaswith high-profile regional shopping centers, lifestyle centersz and freestanding sites. CB2 officialsw have been looking in densely populated areazs with an average household incoms in excessof $50,000.
Its prototyper store is about 12,000 square While Crate & Barrel would not confirk what parts ofAtlanta it’sw been considering, sources familiae with the search say it’s focuseed on Midtown and West Midtown, where new residentiao and retail redevelopment projects are still under way. In Midtown, Danie Corp. and are developing 12th Midtown, a $2 billion mixed-use project built on a site that severalp years ago was little more than an Atlanta nightcluh and a couple ofparking lots.
Daniel and Selig Enterpriseas have made a presentation to officials from CB2 inrecenty months, according to sources familiar with the The projects will eventually feature more than 3 milliohn square feet of residential and commercial space. CB2 woulcd be the first national retailer to locates on theMidtown Mile, a section of Peachtree Streeft that economic development boosters hope will eventuallyy become a retail destination much like Madison Avenue in New York City or the Magnificenyt Mile in Chicago. Daniel’s and Selig project is meant to be a cornerstone of theMidtown Mile.
However, ’s Colongy Square and Jamestown’s 999 Peachtree will also be key along with 1100 Peachtree and 1180 to alesser extent, brokers and developers said. CB2 coulcd be an important catch for theMidtowb Mile. Developers, however, really need to land a much larged anchor store to give the concept saidMaranda Walker-Dowell, a senior director with CB .’se retail services group. Barney’s, which has a co-op store in Buckhead’s Phipps Plaza, has been scoutinh the area in the past year to18 months.
“Thre Midtown Mile needs an anchor storr to start creating that criticao massof retail,” Walker-Dowell
Tuesday, March 6, 2012
Sunday, March 4, 2012
TEXT-Fitch affirms PEMEX Finance Ltd ratings - Reuters
geqopimozaqyxyh.blogspot.com
Babnet | TEXT-Fitch affirms PEMEX Finance Ltd ratings Reuters March 2 - Fitch Ratings has affirmed the following ratings for Pemex Finance Ltd. with a Stable Rating Outlook: --Series 1998 9.15% Notes due 2018 at 'A'; --Series 1999 10.61% Notes due 2017 at 'A'; --Series 1999 LIBOR+ 3.50% Notes due 2014 at 'A'; ... Fitch Affirms PEMEX Finance Ltd.'s Ratings; Outlook Stable Consolidation seen in NBFC space: Fitch Major NBFCs: Stable now but bumpy road ahead says Fitch |
Thursday, March 1, 2012
Quiksilver secures $150M term loan, posts 2Q profit - South Florida Business Journal:
aleksanovlsys.blogspot.com
The Huntington Beach company (NYSE: ZQK) also postedx second-quarter earnings of $2.8 million. The five-year term loan with private-equity firm Rhons was made to improve Quiksilver's liquidity and solidifh its banking relationships. As part of the term of the loan, Quiksilver will name a pair of Rhon appointees to its board of Quiksilver also refinanced its credit facilithy with anew three-year, $200 million facility led by and . The compan is also in discussionxs with its French banking partnerw to consolidate its European debts into anew multi-yeare facility.
In the company's earningz report, the company swung to profitability in theseconxd quarter, posting the earnings of 2 cents a which included several one-time items. Without the items, the earnings per share would have been 5 centza share. Analyst estimates placed the earningx at 9 centsa share. Salesd dropped 17 percent, cominyg in at $494.2 million. In the second quartef a year ago, the companyy lost $206.2 million, or $1.59 a on sales of $596.3 million. That quarter included losses of $244.9 million from discontinuerd operations. Quiksilver is an apparel and accessories company. Its core brandas are Quiksilver, Roxy and DC.
A renewed focuds on those core brands are the focus ofthe company'a long-term plan to improve profits.
The Huntington Beach company (NYSE: ZQK) also postedx second-quarter earnings of $2.8 million. The five-year term loan with private-equity firm Rhons was made to improve Quiksilver's liquidity and solidifh its banking relationships. As part of the term of the loan, Quiksilver will name a pair of Rhon appointees to its board of Quiksilver also refinanced its credit facilithy with anew three-year, $200 million facility led by and . The compan is also in discussionxs with its French banking partnerw to consolidate its European debts into anew multi-yeare facility.
In the company's earningz report, the company swung to profitability in theseconxd quarter, posting the earnings of 2 cents a which included several one-time items. Without the items, the earnings per share would have been 5 centza share. Analyst estimates placed the earningx at 9 centsa share. Salesd dropped 17 percent, cominyg in at $494.2 million. In the second quartef a year ago, the companyy lost $206.2 million, or $1.59 a on sales of $596.3 million. That quarter included losses of $244.9 million from discontinuerd operations. Quiksilver is an apparel and accessories company. Its core brandas are Quiksilver, Roxy and DC.
A renewed focuds on those core brands are the focus ofthe company'a long-term plan to improve profits.
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