Monday, January 31, 2011

Greylock Partners to move HQ from Boston to Menlo Park, add jobs - Silicon Valley / San Jose Business Journal:

social-gland.blogspot.com
Greylock, which has had a Silicon Area presencse since theearly 1980s, said it has been steadilyu expanding its West Coast presence over the past 10 yearsx by bringing in new partners with deep operational and entrepreneuriap experience and making significant investments. Greylock also said it planz to add severalnew positions, including to its Silicon Valley office in the comintg year. As part of this move, Greylock has leasex a new office, now under construction, on Sand Hill Road. Its currenty West Coast office is inSan Mateo.
Greylock's administrative and back officw functions will relocate from Boston and Don a partner who has ledthe firm's finance and administrative operatione for nine years, will move to the Bay Area where he will continure to lead operations for the firm. The firm’s Bostonh office "will remain a key locatioh for Greylock and the firm plans to continur to invest inthe area," the firm

Friday, January 28, 2011

Study: More CEOs say good works boost recruiting - Minneapolis / St. Paul Business Journal:

madhu-westmeath.blogspot.com
This marks a shift in corporatw philanthropy since the Roundtable released itsin 2000, whicnh noted that corporate responsibility was beginning to evolvde from community impact to bottokm line impact. The most recent reporrt shows thatthe evolution, has taken place. Bostonj struggles to maintain its college grads as they move into the and the Round Table report underscores that philanthropt is a factor making some local companiesw more attractive toyounger workers. The Roundtable issued the reporft in collaboration with the University of Massachusetts Boston EmergingLeaders Program.
A team from the Emerging Leaderas Program started working on the reporttlast summer, interviewing 20 Massachusetts companies aboutt their corporate social responsibilitu activities -- predominantly large companes and representing a cross-sectionh of industries. “Historically CEOs would engager in philanthropy because it was the right thingto do. They wanted to be good corporate citizens,” said J.D. Chesloff, deputyu director of the MassachusettsBusiness Roundtable. “Nows there’s a good business case to incorporatiny it into theirbusiness plan. There’ws a bottom line impact to it, in addition to beinb good for all the othercommunity reasons.
” Based on the findings from the 20 companies includecd in the research, the report suggests five ways companieds can build a culture of social • Create a clear link to the company’s missionn and secure endorsement at the executive level. • Engage employees at all levelsas decision-makers in relatiohn to corporate social responsibility targets and activities. • Leverage employees’ skille to make positive contributions tothe • Provide opportunities for employees to develop new “A lot of it is around a company being authenticv about wanting to do something in the communit and listening to what the employees are intereste in doing and connecting it to the value of the company,” said Ellen Remmer, CEO of The , a nonprofit that promotes strategic philanthropy and advises donors.

Wednesday, January 26, 2011

Report: Gannett to cut 1,000 jobs - Phoenix Business Journal:

geqopimozaqyxyh.blogspot.com
The cuts, a response to the McLean, Va.-based mediwa company’s revenue declines, will occur in Gannett’xs community publishing division, according to the which said USA Today willbe spared. Gannett has abou 41,000 employees. It publishes more than 80 dailyg newspapers and has about850 non-dailu publications, including the Arizonaw Republic, according to the company’s Web site. In addition, it operatez 23 TV stations. In the firsgt quarter, total revenue dropped 18 percentto $1.38 Revenue from advertisements in the company’s publications fell 34 percentg to $723 million, and circulation revenues went down 3.1 percent to $300 Net income fell 60 perceny to $77.
4 million. In cost-cuttinvg moves earlier this year, Gannett mandated unpaid furloughs for most employeees and temporarily reduced salaries forsome higher-paid employees. In May, the companu killed the Tucson Citizen, whicb had been Arizona’s oldest continuously publishedf newspaper. However, Gannett remains a partner in a company that publishews anotherTucson paper, the Arizona Daily

Sunday, January 23, 2011

Kips Bay Medical Sees Selling 2.8M Shares For $8-$10 Each In IPO - Wall Street Journal

http://www.flashvillage.com/forums/member.php?u=342921


Kips Bay Medical Sees Selling 2.8M Shares For $8-$10 Each In IPO

Wall Street Journal


Kips Bay focuses on developing, manufacturing and commercializing its external saphenous vein support technology, or eSVS MESH, which is a mesh sleeve made ...



and more »

Friday, January 21, 2011

Riley signs bill that extends incentives to white-collar firms - Atlanta Business Chronicle:

http://www.lucidicstudios.com/Home-Design-Sense-Bathroom-Design-Ideas.html
restrictions prevent Birmingham from recruitingf heavymanufacturing companies, but the state’s incentive program previously only targeted thosde industries. The legislature passed and Gov. Bob Riley signed into law the abilitgyfor white-collar industries to be eligible for stated incentives. “We’ve got to expand the playinfg field and improve our ability to competefor higher-paying jobs in some of the key growtb industries,” Riley said. “That’s what this bill It re-tools our economic development strategy and lays the foundation to move us forwarrd and come out of this recession strongerthan before.
” By broadening the eligibility the state can offer incentivesa to attract corporate headquarters, high-tech research and development facilities and jobs in the newlt emerging “green” economy. Those are areazs Birmingham has been focused on in thepast decade.

Georgia Watch takes Northside Hospital to task - Atlanta Business Chronicle:

http://childfoundation.us/home/foundationregistration.html
"A Crisis of Affordable Health Care: Northside also described howthe tax-exempt non-profit hospitak rewards executives with million-dollar compensation treats few indigent and charity care patients, and chargese uninsured patients significantly higher costs for services than it charged insurance companies and government-sponsored insurancd programs. However, Northside contended in a prepared statement that many ofGeorgiaq Watch's allegations are "mirrored in lawsuits filed against Northside and other non-profit Georgia hospitalxs years ago that Georgia courts dismissed in 2005-2006 as baseless.
This includes the falsd claim that Northside charges uninsured patients more thanother patients... Notably absent from the report is any discussio n of discounts and othef financial assistance provided by Northside to patients unableeto pay." Georgia Watch, a nonprofit consumer group, said its researchj and analysis are baser on figures reported by the hospitalp to the and the . About one in every 10 Northsider patients is billedinflated charges, according to Georgia Watch. Georgiza Watch also said Northsider invests heavily outsideFulton County, from whichj it has received taxpayer support for more than 15 Of a total $423.
4 million in approved and proposede capital expenditures, more than 66 or $285 million, has, or will be, spenft on expansions at a Northside facility in Forsytyh County, according to Georgia Watch. Tax-exempgt nonprofit hospitals do not pay most including income, sales or property taxes. In Northside said it not only serves Fultoj County but provides a substantial amoung of care to other Georgians inneighborinhg counties.
It said it treats more casez of breast andgynecological cancers, as well as any othed type of cancer, than any othetr hospital in Georgia and it performs more surgical procedurex than any other hospital in the

Tuesday, January 18, 2011

Dinsmore, Woodward in Louisville discuss possible merger - Houston Business Journal:

http://chalonot.net/program-sar-el/osobni-zkusenosti/18-rozhovor-nekteri-si-dokonce-mysli-ze-jsem-silena
The firms have not struck a deal, but they have had “seriouz discussions” regarding a potential merger since late last saidJon Fleischaker, managing partner of Dinsmore’s Louisvillee office, in a report by Louisville Businesxs First, a Business Courier sister paper. Dinsmorr has more than 400 attorneys in 10 officeas infour states, according to the firm’s Web while Woodward Hobson & Fulton has abouty 55 attorneys in Louisville and Lexington. Donna King Perry, managing partne r of Woodward Hobson, declined to commenrt on the possibility ofa merger.
Georgr Vincent, Dinsmore’s managing director and chairmah of the boardof directors, could not be reachexd prior to Business First’xs press deadline. The merger negotiations currently are on hold becauswe of ongoing litigation that pits Dinsmore and Woodward Hobsonn clients againsteach other, Fleischaker said. Joining the firms would creats a conflictof interest. He added that there is no guarante that the firms will agree to mergs once there is a resolution to thependinv litigation, which he declined to discussx in detail.
Though officials of the firms did not describd theongoing litigation, Woodward Hobson and Dinsmore attorneys were involved in a well-publicized case in Louisville. On June 9, Norton Healthcarre Inc., Woodward Hobson’s client, was ordered to pay more than $4 millioh to a local anesthesiologuy practice, Anesthesiology Associates PSC, which Dinsmorre represents. A Jefferson Circuit Court jury determined that the nonprofi hospital company breached its contract with AnesthesiologyAssociates PSC. But the case is not resolved.
Nortom plans to appeal the verdict, said Stevre Menaugh, vice president of public relations and communications for Fleischaker said a merger with Woodwarxd wouldstrengthen Dinsmore’s Louisville office in terms of the numbetr of attorneys and areas of expertise. “Itf would make for a biggert platformfor us,” Fleischaker said. In he sees an opportunithy to expand thelocal office’s corporate practice and its estatr practice — two areas in which Woodwarsd is solid.
Both firms have a large laborf andemployment practice, Fleischaker so those would mesh well If a merger were to occur, he anticipates that the two Louisvillre offices would be consolidated in one location at some Dinsmore’s Louisville office is currently is locatedx in the PNC Plaza at 500 W. Jefferson St. Woodwardr Hobson & Fulton has offices in the Nationall City Tower at101 S. Fifth St. Woodward Hobson & Fulton was No. 7 on Business First’s Nov. 14 list of the area’s largesf law firms, which was ranked by the numberf oflocal lawyers.
The firm had 39 locaol attorneys, and its practice areas include labor andemployment law, business organizations and estate planning, torts and insurance and produc liability. Notable clients include CSX Transportationj Inc., the University of Louisville, Brown-Forman Corp., Louisville Wate Co. and ZirMed Inc. Dinsmore & Shohl was ranke No. 9 on Business First’s list with 30 locapl attorneys. Its practice areas include laborand employment, healthg care, commercial litigation, appellate law and media and first amendmentg law. Dinsmore’s notable clients include AllstateeInsurance Co.
, Bluegrass Cellular The Louisville Courier-Journal, the Kentucky Press Association and Mylan Pharmaceuticals Inc.