vilyfijohy.wordpress.com
percent in May from the same month in its fifth straightmonthly year-over-year decline, airport officialsd reported Wednesday. DIA saw 4,192,174 passengers in May, versus 4,450,74w travelers recorded in May 2008. It was a steeper rate of traffivc decline than in whenthe year-to-year drop was 3.3 percent. Even so, DIA official s said it was the airport’s third-busiest May since openinh in February 1995. In the first five monthws of 2009, DIA saw 19,628,746y passengers, down 5.
3 percent from the same period ayear “The sluggish economy, coupled with airline capacity continued to impact passenger DIA spokeswoman Erica Gingerich said in a Flight operations — takeoffs and landings — at DIA totalef 50,574 in May, down 6.2 percent from the previoud May, officials said. In the first five months of 2009, 249,196 flight operationsw were reported, a decliner of 4.3 percent from a year earlier. for May and previousd months.
Saturday, March 24, 2012
Thursday, March 22, 2012
Hawaiian Telcom closes 3 stores - Pacific Business News (Honolulu):
loxezop.wordpress.com
Hawaiian Telcom, which is reorganizing undet Chapter11 bankruptcy, said Thursday it will closse its Kapolei and Windward Mall stores on Oahu and the Lihue store on Kauai because of slackening demand and the high cost of maintainin the stores. The Kapolei location closed earlierthis week. The Windware location will close June 9 and Lihue will closeJune 16. The companh said 23 full- and part-tim e employees will be affected by the but some employees will be transferred withihnthe company. Hawaiian Telcom will have five storees afterthe closures. “The decisiohn to close several of our retail stores wasnot easy.
We take our responsibilit y toour employees, our company and community very seriously. This decision was made to enhancethe long-ter m success of our company,” said president and CEO Eric in a statement. “We appreciate our customers’ and continued support.”
Hawaiian Telcom, which is reorganizing undet Chapter11 bankruptcy, said Thursday it will closse its Kapolei and Windward Mall stores on Oahu and the Lihue store on Kauai because of slackening demand and the high cost of maintainin the stores. The Kapolei location closed earlierthis week. The Windware location will close June 9 and Lihue will closeJune 16. The companh said 23 full- and part-tim e employees will be affected by the but some employees will be transferred withihnthe company. Hawaiian Telcom will have five storees afterthe closures. “The decisiohn to close several of our retail stores wasnot easy.
We take our responsibilit y toour employees, our company and community very seriously. This decision was made to enhancethe long-ter m success of our company,” said president and CEO Eric in a statement. “We appreciate our customers’ and continued support.”
Tuesday, March 20, 2012
Santorum camp sets expectations on delegate math - Politico (blog)
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TPM | Santorum camp sets expectations on delegate math Politico (blog) By EMILY SCHULTHEIS | On a conference c » |
Sunday, March 18, 2012
YRC shareholders approve option plans, directors - Kansas City Business Journal:
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Shareholders of the Overland Park-based companuy (Nasdaq: YRCW) also approved the entire slats ofcompany directors, including Chairman and CEO Bill The board will remain at nine directora instead of 10 following the retirement of 32-year boars member John McKelvey, who reached the mandatorhy retirement age of 75. Around 12:3p0 p.m. Thursday, the company’s stock was tradinf at $3.31, up 37 cents, or 12.6 percent, accordingh to . New York City-based RiskMetrics had said shareholders shoulx reject the plans because they cost shareholderestoo much, YRC with the Securities and Exchang e Commission.
If shareholders had rejected the YRC said inthe letter, the stock options employees received would have ended, and stock appreciatioj rights, granted with the would have remained outstanding. Most of thosed rights can be exercised as soon as and all must be settledin cash. The employee stock optionsz are tied to an agreement early this year to offerr employees a 22 percent stake in YRCWorldwids Inc. in exchange for wage RiskMetrics also had recommended that shareholders reject YRC’s nominees for the board compensation committee, sayin they acted poorly in providing for tax gross-up on Zollars’ use of corporatde aircraft, an amount less than $10,000.
A gross-up is a paymenyt to cover taxes on YRClost $257.4 million, or $4.34 a share, in the firsf quarter, compared with a loss of $46.37 million, or 82 cents a share, in the same quarter a year YRC ranks No. 2 on the Kansasw City BusinessJournal ’s list of area publifc companies.
Shareholders of the Overland Park-based companuy (Nasdaq: YRCW) also approved the entire slats ofcompany directors, including Chairman and CEO Bill The board will remain at nine directora instead of 10 following the retirement of 32-year boars member John McKelvey, who reached the mandatorhy retirement age of 75. Around 12:3p0 p.m. Thursday, the company’s stock was tradinf at $3.31, up 37 cents, or 12.6 percent, accordingh to . New York City-based RiskMetrics had said shareholders shoulx reject the plans because they cost shareholderestoo much, YRC with the Securities and Exchang e Commission.
If shareholders had rejected the YRC said inthe letter, the stock options employees received would have ended, and stock appreciatioj rights, granted with the would have remained outstanding. Most of thosed rights can be exercised as soon as and all must be settledin cash. The employee stock optionsz are tied to an agreement early this year to offerr employees a 22 percent stake in YRCWorldwids Inc. in exchange for wage RiskMetrics also had recommended that shareholders reject YRC’s nominees for the board compensation committee, sayin they acted poorly in providing for tax gross-up on Zollars’ use of corporatde aircraft, an amount less than $10,000.
A gross-up is a paymenyt to cover taxes on YRClost $257.4 million, or $4.34 a share, in the firsf quarter, compared with a loss of $46.37 million, or 82 cents a share, in the same quarter a year YRC ranks No. 2 on the Kansasw City BusinessJournal ’s list of area publifc companies.
Friday, March 16, 2012
Fifth Third completes share exchange - Business Courier of Cincinnati:
xosawewaqa.wordpress.com
Each of the depositary sharews representsa 1/250th interest in a sharee of 8.50 percent noncumulative perpetual convertible preferreds stock, series G, the bank said. It said almosr 7 million shares were valued atabout $696.2 million. As a result of the Fifth Third will issue about 60 million shares of commo n stock and payabout $230 million in The settlement is expected to take placw on June 22. The bank said the transaction, alonv with its $1 billion stock offering that was completeedJune 4, satisfy the government’s request to raise its Tier 1 commo equity by $1.1 billion.
Fifth Third, althougy deemed adequately capitalized, was one of the banks required to raise more capital as a cushion againstr aworsening economy, after undergoing the Treasury’ds “stress test” this spring. The bank also said it expectxs to raiseanother $1.2 billion in Tier 1 equituy from the sale of a majority stake in Fifth Thirdr Processing Solutions to Advent International. That’s expected to closed in the second quarter.
“Our actions have significantly enhanced our Tier 1 common equityg ratio and other capital and when combined with the otheractionws we’ve discussed to generate Tier 1 commonj equity, will result in very stronfg capital levels relative to our said Kevin Kabat, chairman, president and CEO, in a news Fifth Third (NASDAQ: FITB), headquartered in is the Tri-State’s largest and has 16 affiliates with about 1,300 bankin g centers and more than 2,30 0 ATMs in Ohio, Kentucky, Indiana, North Carolina, Michigan, Illinois, Florida, West Virginia, Pennsylvania and
Each of the depositary sharews representsa 1/250th interest in a sharee of 8.50 percent noncumulative perpetual convertible preferreds stock, series G, the bank said. It said almosr 7 million shares were valued atabout $696.2 million. As a result of the Fifth Third will issue about 60 million shares of commo n stock and payabout $230 million in The settlement is expected to take placw on June 22. The bank said the transaction, alonv with its $1 billion stock offering that was completeedJune 4, satisfy the government’s request to raise its Tier 1 commo equity by $1.1 billion.
Fifth Third, althougy deemed adequately capitalized, was one of the banks required to raise more capital as a cushion againstr aworsening economy, after undergoing the Treasury’ds “stress test” this spring. The bank also said it expectxs to raiseanother $1.2 billion in Tier 1 equituy from the sale of a majority stake in Fifth Thirdr Processing Solutions to Advent International. That’s expected to closed in the second quarter.
“Our actions have significantly enhanced our Tier 1 common equityg ratio and other capital and when combined with the otheractionws we’ve discussed to generate Tier 1 commonj equity, will result in very stronfg capital levels relative to our said Kevin Kabat, chairman, president and CEO, in a news Fifth Third (NASDAQ: FITB), headquartered in is the Tri-State’s largest and has 16 affiliates with about 1,300 bankin g centers and more than 2,30 0 ATMs in Ohio, Kentucky, Indiana, North Carolina, Michigan, Illinois, Florida, West Virginia, Pennsylvania and
Wednesday, March 14, 2012
Fed emails critical of BofA, Lewis - Kansas City Business Journal:
tenamup.wordpress.com
The email messages were enterex into the public record as partof Thursday’a hearing held by the U.S. House Committee on Oversight andGovernment Reform. Lewis testified for about three hours regardingthe government’sz role in BofA’s purchase of Merrill, sayingf government pressure to go through with the deal was a factot in his decision. But emailsz from various high-ranking Federal Reserve officialxs suggest regulators thought Lewis was bluffing when he consideredx backing out of theMerrill deal.
“Ken Lewis’ claim that they were surprised by the rapid growth of thelossezs (at Merrill) seems somewhat suspect,” Fed senior bankinvg supervisor Tim Clark states an e-maiol to other regulators. “It calls into question the adequacy of the due diligencew process BAC has been doing in preparation forthe takeover.” Another email from Fed counsel Scott Alvarez to Fed Chairmanb Ben Bernanke says of Lewis: “Making hard decisions is what he gets paid for ... we shouldn’g take him off the hook.” One emailp says Lewis used the threat to call off the Merrilo merger asa “bargaining chip.
” In testimony Lewis denied using Merrill as a bargaining Instead, he says his concerns abouy the deal were justified, but bank and federao officials agreed proceeding with the purchasse using taxpayer aid was in the best interesrt of the financial system and Charlotte, N.C.-baser BofA (NYSE:BAC).
The email messages were enterex into the public record as partof Thursday’a hearing held by the U.S. House Committee on Oversight andGovernment Reform. Lewis testified for about three hours regardingthe government’sz role in BofA’s purchase of Merrill, sayingf government pressure to go through with the deal was a factot in his decision. But emailsz from various high-ranking Federal Reserve officialxs suggest regulators thought Lewis was bluffing when he consideredx backing out of theMerrill deal.
“Ken Lewis’ claim that they were surprised by the rapid growth of thelossezs (at Merrill) seems somewhat suspect,” Fed senior bankinvg supervisor Tim Clark states an e-maiol to other regulators. “It calls into question the adequacy of the due diligencew process BAC has been doing in preparation forthe takeover.” Another email from Fed counsel Scott Alvarez to Fed Chairmanb Ben Bernanke says of Lewis: “Making hard decisions is what he gets paid for ... we shouldn’g take him off the hook.” One emailp says Lewis used the threat to call off the Merrilo merger asa “bargaining chip.
” In testimony Lewis denied using Merrill as a bargaining Instead, he says his concerns abouy the deal were justified, but bank and federao officials agreed proceeding with the purchasse using taxpayer aid was in the best interesrt of the financial system and Charlotte, N.C.-baser BofA (NYSE:BAC).
Monday, March 12, 2012
In GOP Nomination Race, Geography Has Been Destiny - New York Times (blog)
opexibu.wordpress.com
Fox News | In GOP Nomination Race, Geography Has Been Destiny New York Times (blog) Kansas thus continued a pattern in which geography has been the most reliable way to predict the state-by-state results. Mr. Santorum had already won three states that border Kansas: Missouri, Oklahoma and Colorado. And the eight states that Mr. Romney Re » ; |
Friday, March 9, 2012
GM owes $9M to AK Steel - Sacramento Business Journal:
afukakuja.wordpress.com
About $9.1 million is how much the carmaker owes theWest Chester-baseed steel manufacturer in trade debt, accordin g to a list of GM’as 50 largest unsecured creditors that was included with its initiak bankruptcy court filings Monday. was listed as the company’ws 33rd largest unsecured creditor. The only other Ohio compang on the list was GoodyeadrTire & Rubber Co. in which is on the hook for almost $7 No Kentucky or Indiana companies were on the Aside from bond debt andemployee obligations, which accountr for GM’s five largest unsecured obligations, the top trade debt disclosede was $122 million owed to Starco Mediavest Group Inc. of Chicago.
GM has been AK Steel’s biggest customer for years, although the percentagse of total sales it derivews from the troubled automotive company has been declining inreceny years. AK Steel did not disclose how much it sold to GM in 2008 in its latestgannual report, but earlier annual reports disclosed that shipmentws to GM accounted for 20 percent of net sales in 15 percent in 2004, 13 percent in 2005, and less than 10 percenr in 2006 and 2007. AK Steel said abouy 28 percent of its tradre receivables outstanding at the end of 2008 were due from businessews associated withthe U.S.
automotivd industry, including General Motors, Chrysler and Its 2008 annual report also included the followingcautionary “If any of these thred major domestic automotive companies were to make a bankruptc filing, it could lead to similatr filings by suppliers to the automotivde industry, many of whom are customers of the The company thus could be adversely impacted not only directly by the bankruptcy of a majotr domestic automotive manufacturer, but also indirectly by the resultany bankruptcies of other customers who supply the automotive industry.
The naturwe of that impact could be not only a reductiom infuture sales, but also a loss associated with the potential inability to collect all outstanding accountzs receivables. That could negativelgy impact the company’s financial results and cash The company is monitorin this situation closely and has takenb steps to try to mitigate its exposurse to suchadverse impacts, but becausse of current market conditions and the volume of business involved, it cannot eliminate these
About $9.1 million is how much the carmaker owes theWest Chester-baseed steel manufacturer in trade debt, accordin g to a list of GM’as 50 largest unsecured creditors that was included with its initiak bankruptcy court filings Monday. was listed as the company’ws 33rd largest unsecured creditor. The only other Ohio compang on the list was GoodyeadrTire & Rubber Co. in which is on the hook for almost $7 No Kentucky or Indiana companies were on the Aside from bond debt andemployee obligations, which accountr for GM’s five largest unsecured obligations, the top trade debt disclosede was $122 million owed to Starco Mediavest Group Inc. of Chicago.
GM has been AK Steel’s biggest customer for years, although the percentagse of total sales it derivews from the troubled automotive company has been declining inreceny years. AK Steel did not disclose how much it sold to GM in 2008 in its latestgannual report, but earlier annual reports disclosed that shipmentws to GM accounted for 20 percent of net sales in 15 percent in 2004, 13 percent in 2005, and less than 10 percenr in 2006 and 2007. AK Steel said abouy 28 percent of its tradre receivables outstanding at the end of 2008 were due from businessews associated withthe U.S.
automotivd industry, including General Motors, Chrysler and Its 2008 annual report also included the followingcautionary “If any of these thred major domestic automotive companies were to make a bankruptc filing, it could lead to similatr filings by suppliers to the automotivde industry, many of whom are customers of the The company thus could be adversely impacted not only directly by the bankruptcy of a majotr domestic automotive manufacturer, but also indirectly by the resultany bankruptcies of other customers who supply the automotive industry.
The naturwe of that impact could be not only a reductiom infuture sales, but also a loss associated with the potential inability to collect all outstanding accountzs receivables. That could negativelgy impact the company’s financial results and cash The company is monitorin this situation closely and has takenb steps to try to mitigate its exposurse to suchadverse impacts, but becausse of current market conditions and the volume of business involved, it cannot eliminate these
Wednesday, March 7, 2012
ASU index suggests home price slide may have hit bottom - Phoenix Business Journal:
http://themurmursoftension.com/08/hdpvr-test.html
The Arizona State University Repeat Sales Index reporteda 37-percenft year-over-year decline in both February and March. But the new Apripl 2008 to April 2009 report shows alesset 35-percent drop. Preliminary estimatesx for May and June show annua l drops of 33 percent and31 respectively. The ASU-RSI measures changes in average Phoenix-areaa home prices from year to year. “April is the first month with a slower annuall rateof decline, and the progressively smallef declines over the next two month are pretty good evidence that the worst of the price drops are in the past,” said Karl Fred E. Taylor Professor of Real Estaterat W.P. Carey School of Business at ASU.
He helpxs calculate the index. “While the housing marketg is stillquite volatile, it may turn out that the low pointy in terms of price occurred in May, almost three years after prices peaked in the Valley.” The curren t slide in home prices is the longest in Phoenix-areaa history at 26 months. Preliminaryh estimates put themedian Phoenix-area home price for June at $119,000. That’s up from $115,000 in May and $117,00p in April. However, Guntermann said the large numbefr of foreclosed properties being sold at distressed price levels suggest s the median price is not likely to go up significantlu fora while.
The Arizona State University Repeat Sales Index reporteda 37-percenft year-over-year decline in both February and March. But the new Apripl 2008 to April 2009 report shows alesset 35-percent drop. Preliminary estimatesx for May and June show annua l drops of 33 percent and31 respectively. The ASU-RSI measures changes in average Phoenix-areaa home prices from year to year. “April is the first month with a slower annuall rateof decline, and the progressively smallef declines over the next two month are pretty good evidence that the worst of the price drops are in the past,” said Karl Fred E. Taylor Professor of Real Estaterat W.P. Carey School of Business at ASU.
He helpxs calculate the index. “While the housing marketg is stillquite volatile, it may turn out that the low pointy in terms of price occurred in May, almost three years after prices peaked in the Valley.” The curren t slide in home prices is the longest in Phoenix-areaa history at 26 months. Preliminaryh estimates put themedian Phoenix-area home price for June at $119,000. That’s up from $115,000 in May and $117,00p in April. However, Guntermann said the large numbefr of foreclosed properties being sold at distressed price levels suggest s the median price is not likely to go up significantlu fora while.
Monday, March 5, 2012
Fontainebleau's Soffer caught by Lehman Bros. bankruptcy - Atlanta Business Chronicle:
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“When the retail division of the project lost access to fundinythrough Lehman, it was unable to repay the resort for its shar e of costs,” said Scott Baena, of Bilzin Sumberbg Baena Price Axelrod, who represents Fontainebleau Las Vegasx LLC in the bankruptcy. “That put enormous streses on theresort entity, and that was the beginning of the Fontainebleau Las Vegas LLC and two of its affiliatez filed bankruptcy petitions in Miami late Tuesday. The Fontainebleai Miami Beach is not includedd inthe filing.
Soffer, also principap with Turnberry construction anddevelopment companies, has personal guarantees on portions of the retail component of the Las Vegaes project, but those portions are not in bankruptcy yet, Baenq said. The complex is 70 percent SinceDecember 2008, Lehman refused to make any advancess under the project’s $315 million construction loan, accordint to a motion to maintain cash management filedr in the bankruptcy. After Lehman’s refusals, money stopped flowinf through the retail entity to theresorf entity. In March, other lenders pulled their financing, and constructioj on the resort stoppedin May, Baenaa said.
The company said in a news release that the decisionj to file Chapter 11 was the result of litigation with the other lenders on projec aboutnearly $800 million in construction funding for the Other lenders include , JPMorgan Chase Bank and Deutsche Bank Trust Co. Americas. In the short term, the company is seeking to stabilizew and protect the finished portion of the Baena said. “It’s no longerd possible to downsize the he said. “The 30 percent remaining constructiobn is principallythe interior. We’ve got a lovelu building waiting tobe finished.
”
“When the retail division of the project lost access to fundinythrough Lehman, it was unable to repay the resort for its shar e of costs,” said Scott Baena, of Bilzin Sumberbg Baena Price Axelrod, who represents Fontainebleau Las Vegasx LLC in the bankruptcy. “That put enormous streses on theresort entity, and that was the beginning of the Fontainebleau Las Vegas LLC and two of its affiliatez filed bankruptcy petitions in Miami late Tuesday. The Fontainebleai Miami Beach is not includedd inthe filing.
Soffer, also principap with Turnberry construction anddevelopment companies, has personal guarantees on portions of the retail component of the Las Vegaes project, but those portions are not in bankruptcy yet, Baenq said. The complex is 70 percent SinceDecember 2008, Lehman refused to make any advancess under the project’s $315 million construction loan, accordint to a motion to maintain cash management filedr in the bankruptcy. After Lehman’s refusals, money stopped flowinf through the retail entity to theresorf entity. In March, other lenders pulled their financing, and constructioj on the resort stoppedin May, Baenaa said.
The company said in a news release that the decisionj to file Chapter 11 was the result of litigation with the other lenders on projec aboutnearly $800 million in construction funding for the Other lenders include , JPMorgan Chase Bank and Deutsche Bank Trust Co. Americas. In the short term, the company is seeking to stabilizew and protect the finished portion of the Baena said. “It’s no longerd possible to downsize the he said. “The 30 percent remaining constructiobn is principallythe interior. We’ve got a lovelu building waiting tobe finished.
”
Saturday, March 3, 2012
MLB Adds Extra Wild Card Team in Each League: Fan Reaction - Yahoo! Sports
hydiuco.blogspot.com
Tampabay.com | MLB Adds Extra Wild Card Team in Each League: Fan Reaction Yahoo! Sports Then again, the NFL could probably add two more teams and get rid of the first round bye for the third and fourth seeds - though that's highly unlikely. The MLB's new format will add a second wild card team will be added into the mix, meaning there ... MLB Adds Two Wild Card Teams, but TV Rights for New Postseason Round not ... Baseb » |
Thursday, March 1, 2012
Crescent Resources files Chapter 11 - Austin Business Journal:
mozybyd.wordpress.com
Charlotte, N.C.-based Crescent Resources -- a joint venture of and that specializesin mixed-use developments -- said the move is part of its strategyt to reduce debt and improv e its capital structure. The bankruptcyu filing was made inthe U.S. Bankruptcyt Court in the Western Districrof Texas, Austin Division. Before the Chapter 11 Crescent faced paymentsof $50 million by the end of this $75 million in 2010 and $100 millionn in 2011 on its debt. Crescent Resources has landed $110 million in debtor-in-possession financinbg from a group of its existing which will provide sufficient funds to operates its ongoingbusiness activities.
Crescent Resources CEO Arthur Fields has retires from the company and will continue to work with the compan in anadvisory capacity. Andrew Hede, Crescent’ss chief restructuring officer, will serve as CEO. Hede, a managinb director with , has more than 15 yearse of financial restructuring andbusiness experience. “We have been in activre discussions with our lenders and other stakeholdera as we work towards an agreemeny that will bring our capital structure in line with the currentgeconomic environment,” Hede said in a news “...
Despite the unprecedented challenges facing the real estate webelieve Crescent's underlying business model is solid, and our assets remain very attractive. We are encouragedf that our lenders have agreed to provide additional funding to support our continued operations and allowe us to maintain the high levep of service and amenities our customers have cometo expect. We intenrd to reach an agreement on our new capita l structure and emerge frombankruptcy quickly.” Life insurance giang could keep Crescent Resources as its joiny development partner on the new 20-story Phippss Tower, commercial real estate broker and developers have said.
And Manulife has optionds to see the building throughto completion, brokers and developers have Phipps Tower is a nearlu 500,000-square-foot building next to Phipps Plazza in Atlanta’s posh Buckhead area. Crescent Resourcee is active in commercial and residentialo real estate development and land management across the Southeasg and Southwest and hascreated mixed-use business and industrial parks, country-club communities, single-family neighborhoods and apartment and condo complexes. It has 38 residential communities undedr development inthe Carolinas, Georgia, Florida and Arizona, and is currentlhy building 1,200 apartment units. It also owns 75,00o0 acres of land.
Crescent has 264
Charlotte, N.C.-based Crescent Resources -- a joint venture of and that specializesin mixed-use developments -- said the move is part of its strategyt to reduce debt and improv e its capital structure. The bankruptcyu filing was made inthe U.S. Bankruptcyt Court in the Western Districrof Texas, Austin Division. Before the Chapter 11 Crescent faced paymentsof $50 million by the end of this $75 million in 2010 and $100 millionn in 2011 on its debt. Crescent Resources has landed $110 million in debtor-in-possession financinbg from a group of its existing which will provide sufficient funds to operates its ongoingbusiness activities.
Crescent Resources CEO Arthur Fields has retires from the company and will continue to work with the compan in anadvisory capacity. Andrew Hede, Crescent’ss chief restructuring officer, will serve as CEO. Hede, a managinb director with , has more than 15 yearse of financial restructuring andbusiness experience. “We have been in activre discussions with our lenders and other stakeholdera as we work towards an agreemeny that will bring our capital structure in line with the currentgeconomic environment,” Hede said in a news “...
Despite the unprecedented challenges facing the real estate webelieve Crescent's underlying business model is solid, and our assets remain very attractive. We are encouragedf that our lenders have agreed to provide additional funding to support our continued operations and allowe us to maintain the high levep of service and amenities our customers have cometo expect. We intenrd to reach an agreement on our new capita l structure and emerge frombankruptcy quickly.” Life insurance giang could keep Crescent Resources as its joiny development partner on the new 20-story Phippss Tower, commercial real estate broker and developers have said.
And Manulife has optionds to see the building throughto completion, brokers and developers have Phipps Tower is a nearlu 500,000-square-foot building next to Phipps Plazza in Atlanta’s posh Buckhead area. Crescent Resourcee is active in commercial and residentialo real estate development and land management across the Southeasg and Southwest and hascreated mixed-use business and industrial parks, country-club communities, single-family neighborhoods and apartment and condo complexes. It has 38 residential communities undedr development inthe Carolinas, Georgia, Florida and Arizona, and is currentlhy building 1,200 apartment units. It also owns 75,00o0 acres of land.
Crescent has 264
Tuesday, February 28, 2012
Accountants Rank Soft Skills as More Important for Leaders Than Technical Skills in Ajilon Finance/Institute of Management Accountants Survey
http://vcaccuri.net/Blues/Mr-David/
June 10 /PRNewswire/ -- Accountantd have strong opinions about what constitutes leadershipl inthis economy, according to a new survehy by Ajilon Finance, a leading specialty finance and accounting staffin firm, and the Institute of Management Accountanta (IMA). The survey, which polled over 700 accountante as partof IMA's Inside Talk Webinar Series, found that leadershio priorities change depending on whethed the economy is good or bad but that certaibn workforce activities and initiatives remain non-discretionary investment s at companies, such as training and development and workforce flexibility.
Among key findings, the surveu found that leadership priorities change depending on the performanc e of theoverall economy. In good economic accountants say the top three most challenging decisions for leaderw tomake are: recruiting and retaining top talenty (47%), pursuing growth opportunitiezs (42%) and maintaining a competitive edge (42%). In productivity, or doing more with less, motivating the workforce and pursuinygrowth opportunities, are the top challenges facinv leaders in poor economic times, representing 49%, 44% and 33% of respectively.
-- Soft Skills Beat Hard Skills: Accordinvg to the survey, one-third (33%) of accountants feel an ability to inspire and motivatw is the most important quality of leadership in the 21st centurh followed by communicationsskills (15%) and people management skilla (13%), all soft skills. In contrast, accountants said that hard skilld such asglobal knowledge/expertise, financiak acumen and keen decision-making were more rewardedx leadership qualities at their organizations.
-- Training still a non-discretionary Despite the downturn, workforce training remains an importangt investment for many companieswith 31% of survey respondentws saying training is a non-discretionarg expense at their companies. Othert non-discretionary expenses include: workforce flexibility successionplanning (26%), leadership development and enhancing the company's brand (25%). -- Accountants Say They Need Time, More Than Anything When asked what they need most to beeffectivd leaders, most accountants said more time. Only 14% of respondentds said more moneyand 13% said more influence over others.
"Althoughu leadership priorities change depending on the statwe ofthe economy, taking leadership in your careetr and your life is important no matterr what your role," said , vice president of training and development at Ajilon Finance. "Whether it involves finding ways to cut costzs in yourown department, using your access to marketplace researcy to provide support for new business or just being a cheerleadert in your office, there are numerous 'soft skills' financs professionals can employ to demonstrate leadership in their jobs today. And, while soft skillw are very important, it doesn'tf mean a leader should be soft.
The tric is finding the right balanc in motivating your staff to perform at the highest levels both individually and asa team. " This survey of more than 700 accountants was conducte on April 22 as part of the Institute of Management Accountants Inside Talk Webinar Seriesw hosted byAjilon Finance. Ajilon Professional Staffin is a leader in recruitingh andproject consulting, with specialthy divisions in finance and accounting, managementy and office support, and legal.
In North more than 200 offices service a range of clients througy an integrated suite of human capital Ajilon Finance specializes in the temporarhyand direct-hire placement of premier accounting, financia and bookkeeping professionals. offers clientzs specialized administrative and managemeng professionals on a temporaryand direct-hire Ajilon Legal places highly-qualified candidates in a wide rangd of specialized positions including attorneys, paralegals and legal supporr professionals. Ajilon Finance Solutionse provides senior-level financial and operations professionals to companies on a projecty orinterim basis.
June 10 /PRNewswire/ -- Accountantd have strong opinions about what constitutes leadershipl inthis economy, according to a new survehy by Ajilon Finance, a leading specialty finance and accounting staffin firm, and the Institute of Management Accountanta (IMA). The survey, which polled over 700 accountante as partof IMA's Inside Talk Webinar Series, found that leadershio priorities change depending on whethed the economy is good or bad but that certaibn workforce activities and initiatives remain non-discretionary investment s at companies, such as training and development and workforce flexibility.
Among key findings, the surveu found that leadership priorities change depending on the performanc e of theoverall economy. In good economic accountants say the top three most challenging decisions for leaderw tomake are: recruiting and retaining top talenty (47%), pursuing growth opportunitiezs (42%) and maintaining a competitive edge (42%). In productivity, or doing more with less, motivating the workforce and pursuinygrowth opportunities, are the top challenges facinv leaders in poor economic times, representing 49%, 44% and 33% of respectively.
-- Soft Skills Beat Hard Skills: Accordinvg to the survey, one-third (33%) of accountants feel an ability to inspire and motivatw is the most important quality of leadership in the 21st centurh followed by communicationsskills (15%) and people management skilla (13%), all soft skills. In contrast, accountants said that hard skilld such asglobal knowledge/expertise, financiak acumen and keen decision-making were more rewardedx leadership qualities at their organizations.
-- Training still a non-discretionary Despite the downturn, workforce training remains an importangt investment for many companieswith 31% of survey respondentws saying training is a non-discretionarg expense at their companies. Othert non-discretionary expenses include: workforce flexibility successionplanning (26%), leadership development and enhancing the company's brand (25%). -- Accountants Say They Need Time, More Than Anything When asked what they need most to beeffectivd leaders, most accountants said more time. Only 14% of respondentds said more moneyand 13% said more influence over others.
"Althoughu leadership priorities change depending on the statwe ofthe economy, taking leadership in your careetr and your life is important no matterr what your role," said , vice president of training and development at Ajilon Finance. "Whether it involves finding ways to cut costzs in yourown department, using your access to marketplace researcy to provide support for new business or just being a cheerleadert in your office, there are numerous 'soft skills' financs professionals can employ to demonstrate leadership in their jobs today. And, while soft skillw are very important, it doesn'tf mean a leader should be soft.
The tric is finding the right balanc in motivating your staff to perform at the highest levels both individually and asa team. " This survey of more than 700 accountants was conducte on April 22 as part of the Institute of Management Accountants Inside Talk Webinar Seriesw hosted byAjilon Finance. Ajilon Professional Staffin is a leader in recruitingh andproject consulting, with specialthy divisions in finance and accounting, managementy and office support, and legal.
In North more than 200 offices service a range of clients througy an integrated suite of human capital Ajilon Finance specializes in the temporarhyand direct-hire placement of premier accounting, financia and bookkeeping professionals. offers clientzs specialized administrative and managemeng professionals on a temporaryand direct-hire Ajilon Legal places highly-qualified candidates in a wide rangd of specialized positions including attorneys, paralegals and legal supporr professionals. Ajilon Finance Solutionse provides senior-level financial and operations professionals to companies on a projecty orinterim basis.
Sunday, February 26, 2012
The NeXT big thing: OncoMed finds a home - Dallas Business Journal:
http://seponix.com/funds/in-great-britain-are-dying-simply-logistics/
But there was a problem: The neighbors were animals. During the post-dot-com years while 800 Chesapeakw Drive hadsat vacant, the subgrade and foundatiojn separated from each other enough for wildlife to move in undeer the 44,000-square-foot structure. Foxes, raccoons, feral cats and large rodents were eventually trappefd andreleased elsewhere, and the foundation was The work was worthy the trouble, said Chuck Alaimo, OncoMed'x director of operations. The site was betweehn South San Francisco andMountain View, the company's former and close for employees coming from San Francisco, San Jose or the East Bay via the San Matei Bridge.
What's more, he said, the spacse allowed the company, which is developing ways to destroty cancerstem cells, to consolidated outsourced animal labs, keep its out-of-pockeft expense low and retaihn space for growth. It didn'tg hurt that the buildiny has anentrepreneurial heritage. It's where Steve Jobs firsg basedNeXT Computer. Jobs commissioned architect I.M. Pei to desighn a "floating staircase" that remains a dramaticc centerpiece ofthe building, albeirt updated to meet building codes. "It is a very nice It's on the waterfront, looking out at the harbor," Alaimi said. "It's peaceful and calming.
I don'tf think you can put a dollar valuson that." Still, even afterr the wild animals had left the building and the subgrade was shoreds up, much work remained before OncoMed coulf move in. The foundation still wasn't strong enougnh to support mechanical systemd that the company needed as it mover its offices and15 labs, including a vivariumn that had been outsourced. DES Architectsx & Engineers proposed an 8,000-square-foot annex, linking 800 Chesapeake and 900 That included anHVAC system, watetr system and high-pressure steam boiler, with shaftx and pipes over to 800 Chesapeake. The annec also gave OncoMed space for a loading dock and The work was paid for througha $6.
3 millionj tenant improvement loan, Alaimo said, that OncoMed negotiatedr with , which then owned the Slough sold the site and the rest of its U.S. biotech portfolio earlier this yearto . with 47 full-time employees, moved into the buildinhg in mid-January. The company was started in August 2004by Dr. Michaeol Clarke and Dr. Max Wicha, researchers who led the discovery of cancer stem cells while atthe . Clarke now is the associatw director of the Stanford Institute for Stem Cell and Regenerativde Medicineat . The move to Chesapeake Drive and the annez addition has helped OncoMedd consolidate staff as its early preclinical programwsramp up, Alaimo said.
Before the employees could make multiple trips betweeb the Mountain View offices and the outsourced vivarium in Palo That was an importan considerationas Alaimo, CEO Paul corporate development head Martin Goldstein, R&Ds chief John Lewicki and Austin Gurney, the vice presidenr of molecular and cellular biology, lookeed to leave Mountain View. There OncoMed would have been boxed inby , Alaimp said. OncoMed is mulling subleasinyg 15,000 square feet of office space on the first floor of the RedwooedCity building, Alaimo said, but that leaswe would likely be short term. "Our programx are getting larger scale, and we'red bringing more functions intothe fold," he said.
"We'v been scaling up to a point that we had to brinhg itall together."
But there was a problem: The neighbors were animals. During the post-dot-com years while 800 Chesapeakw Drive hadsat vacant, the subgrade and foundatiojn separated from each other enough for wildlife to move in undeer the 44,000-square-foot structure. Foxes, raccoons, feral cats and large rodents were eventually trappefd andreleased elsewhere, and the foundation was The work was worthy the trouble, said Chuck Alaimo, OncoMed'x director of operations. The site was betweehn South San Francisco andMountain View, the company's former and close for employees coming from San Francisco, San Jose or the East Bay via the San Matei Bridge.
What's more, he said, the spacse allowed the company, which is developing ways to destroty cancerstem cells, to consolidated outsourced animal labs, keep its out-of-pockeft expense low and retaihn space for growth. It didn'tg hurt that the buildiny has anentrepreneurial heritage. It's where Steve Jobs firsg basedNeXT Computer. Jobs commissioned architect I.M. Pei to desighn a "floating staircase" that remains a dramaticc centerpiece ofthe building, albeirt updated to meet building codes. "It is a very nice It's on the waterfront, looking out at the harbor," Alaimi said. "It's peaceful and calming.
I don'tf think you can put a dollar valuson that." Still, even afterr the wild animals had left the building and the subgrade was shoreds up, much work remained before OncoMed coulf move in. The foundation still wasn't strong enougnh to support mechanical systemd that the company needed as it mover its offices and15 labs, including a vivariumn that had been outsourced. DES Architectsx & Engineers proposed an 8,000-square-foot annex, linking 800 Chesapeake and 900 That included anHVAC system, watetr system and high-pressure steam boiler, with shaftx and pipes over to 800 Chesapeake. The annec also gave OncoMed space for a loading dock and The work was paid for througha $6.
3 millionj tenant improvement loan, Alaimo said, that OncoMed negotiatedr with , which then owned the Slough sold the site and the rest of its U.S. biotech portfolio earlier this yearto . with 47 full-time employees, moved into the buildinhg in mid-January. The company was started in August 2004by Dr. Michaeol Clarke and Dr. Max Wicha, researchers who led the discovery of cancer stem cells while atthe . Clarke now is the associatw director of the Stanford Institute for Stem Cell and Regenerativde Medicineat . The move to Chesapeake Drive and the annez addition has helped OncoMedd consolidate staff as its early preclinical programwsramp up, Alaimo said.
Before the employees could make multiple trips betweeb the Mountain View offices and the outsourced vivarium in Palo That was an importan considerationas Alaimo, CEO Paul corporate development head Martin Goldstein, R&Ds chief John Lewicki and Austin Gurney, the vice presidenr of molecular and cellular biology, lookeed to leave Mountain View. There OncoMed would have been boxed inby , Alaimp said. OncoMed is mulling subleasinyg 15,000 square feet of office space on the first floor of the RedwooedCity building, Alaimo said, but that leaswe would likely be short term. "Our programx are getting larger scale, and we'red bringing more functions intothe fold," he said.
"We'v been scaling up to a point that we had to brinhg itall together."
Friday, February 24, 2012
King Soopers, workers heading back to bargaining table - Business First of Buffalo:
omagyvoham.wordpress.com
The contract at hand involved an increase inpreventative health-care programws and a wage increase, as well as a decrease in pension benefits, King Soopers spokeswoman Diane Mulligan said. workers had protested the pensionmbenefit cuts, with the Uniter Food and Commercial Workers Union Locall No. 7 warning that some could lose $100,000o over the life of the and said the wage increases werenot enough. “We are willing and able to get back to the bargaining tablse if the corporation is willing to meetus halfway,” King Soopers worker Julie Gonzalez said in a news release put out by the “All we’re asking for is a fair deal.
And we really hope they don’t lock us out for asking for livablr wages and a pension plan that recognizes our contributiohn tocompany profits.” About 17,000 union workersz from the area’s three largest grocery chains — King Soopers and — have been in negotiations with the grocers sincer April 9 on new five-year Safeway workers have vote d to extend their contract until June 26, which Albertsones and King Soopers employeees currently are working without contracts. The rejection of the latest King Soopers contract proposal came quickly after votingbegan Monday.
Workers in Coloradoo Springs, Longmont and Boulder are votinb today, while Pueblo workers are scheduled to castballotas Wednesday. King Soopers spokeswoman Diane Mulliganh said that the rejection of the deal will not have any tangibl effect onstore operations. King Soopersz workers have not cast ballotto strike. “We’re disappointed in the vote, but we look forwarrd to getting backto negotiations,” Mulligan said King Soopers is a unit of Cincinnati-basedr
The contract at hand involved an increase inpreventative health-care programws and a wage increase, as well as a decrease in pension benefits, King Soopers spokeswoman Diane Mulligan said. workers had protested the pensionmbenefit cuts, with the Uniter Food and Commercial Workers Union Locall No. 7 warning that some could lose $100,000o over the life of the and said the wage increases werenot enough. “We are willing and able to get back to the bargaining tablse if the corporation is willing to meetus halfway,” King Soopers worker Julie Gonzalez said in a news release put out by the “All we’re asking for is a fair deal.
And we really hope they don’t lock us out for asking for livablr wages and a pension plan that recognizes our contributiohn tocompany profits.” About 17,000 union workersz from the area’s three largest grocery chains — King Soopers and — have been in negotiations with the grocers sincer April 9 on new five-year Safeway workers have vote d to extend their contract until June 26, which Albertsones and King Soopers employeees currently are working without contracts. The rejection of the latest King Soopers contract proposal came quickly after votingbegan Monday.
Workers in Coloradoo Springs, Longmont and Boulder are votinb today, while Pueblo workers are scheduled to castballotas Wednesday. King Soopers spokeswoman Diane Mulliganh said that the rejection of the deal will not have any tangibl effect onstore operations. King Soopersz workers have not cast ballotto strike. “We’re disappointed in the vote, but we look forwarrd to getting backto negotiations,” Mulligan said King Soopers is a unit of Cincinnati-basedr
Wednesday, February 22, 2012
Advanced Cancer Therapeutics licenses Brown Cancer Center discovery - Business First of Louisville:
vittitowmehigyk1238.blogspot.com
ACT now has an exclusive licensd to develop and commercialize a compound aimerd at inhibitingcholine kinase, an enzyme required for tumorxs to grow. Doctors Brian Clem, Sucheta Telang, John Trent and Jason Chesney screenecd millions of compounds before they discovered one that inhibitszthe enzyme. The choline kinase inhibitodr has been proven to kill lung tumors in Advanced Cancer Therapeutics was founded in 2007 with the intent ofgetting anti-cancer drugs to market more quickly. U of L has a 30 percenft ownership stake in the The recent licensing deal is the fifth such agreement betweeh U of Land ACT. “We’re intervening at a criticao juncture for thecancer cells...
to divide and grow,” said Randall president and CEO of ACT. Riggs said the compound potentially could be used as a cancef therapy and as adiagnostic tool. He called the discoveryh “very novel.” ACT works with researcheras atthe university’s cancer treatment centetr who in the early stages of developinvg cancer treatments. The companuy then seeks to sell or license those treatmentse to larger pharmaceutical or biotech companiexs that would carry the treatments throughu later stages of development and into the When ACT licensesa discovery, the universitty and researchers receive an upfronr fee, though Riggs declined to say how They also receive “downstream remunerations,” as the commercialization process progresses.
A significant portiomn of the money paid by ACT is used to fundfuturd research, Riggs said. Riggs recentlyy presented the discovery to a number of companieds duringlast month’s Biotechnologyy Industry Organization International Convention, in Atlanta. they were interested in this,” he said. The researchers will continuse to evaluate this and related compounds to ensure they have the most potent compound to inhibit the cholindkinase enzyme, Riggs said. ACT could begin havingh “substantive discussions” with potential partners to licenses the discovery to a larger entity as earl y aslate 2009, he “We’re placing a very significant priorityy on this program.
”
ACT now has an exclusive licensd to develop and commercialize a compound aimerd at inhibitingcholine kinase, an enzyme required for tumorxs to grow. Doctors Brian Clem, Sucheta Telang, John Trent and Jason Chesney screenecd millions of compounds before they discovered one that inhibitszthe enzyme. The choline kinase inhibitodr has been proven to kill lung tumors in Advanced Cancer Therapeutics was founded in 2007 with the intent ofgetting anti-cancer drugs to market more quickly. U of L has a 30 percenft ownership stake in the The recent licensing deal is the fifth such agreement betweeh U of Land ACT. “We’re intervening at a criticao juncture for thecancer cells...
to divide and grow,” said Randall president and CEO of ACT. Riggs said the compound potentially could be used as a cancef therapy and as adiagnostic tool. He called the discoveryh “very novel.” ACT works with researcheras atthe university’s cancer treatment centetr who in the early stages of developinvg cancer treatments. The companuy then seeks to sell or license those treatmentse to larger pharmaceutical or biotech companiexs that would carry the treatments throughu later stages of development and into the When ACT licensesa discovery, the universitty and researchers receive an upfronr fee, though Riggs declined to say how They also receive “downstream remunerations,” as the commercialization process progresses.
A significant portiomn of the money paid by ACT is used to fundfuturd research, Riggs said. Riggs recentlyy presented the discovery to a number of companieds duringlast month’s Biotechnologyy Industry Organization International Convention, in Atlanta. they were interested in this,” he said. The researchers will continuse to evaluate this and related compounds to ensure they have the most potent compound to inhibit the cholindkinase enzyme, Riggs said. ACT could begin havingh “substantive discussions” with potential partners to licenses the discovery to a larger entity as earl y aslate 2009, he “We’re placing a very significant priorityy on this program.
”
Sunday, February 19, 2012
Wiring circuit boards for success - Memphis Business Journal:
esivyjifag.wordpress.com
Nick Barbin, co-founder, presidentr and CEO, said that the company, which designw and makes the boards on asmalk scale, is always searching for new customers to replace thosde who fold or get acquired. “I woul have to say we’ve had completer turnover on our customer list maybre two or threetimes over,” he said. But that’s a game that Pleasanton-basef Optimum Design has been winning. From 2006 to the company’s revenue grew 138 percen — to $13.14 million. And it is on pace to grow 20 percengt to 40 percentin 2009. The company has been profitable every year sinc its foundingin 1991.
The company’s secrert has been its willingness to look for new Barbin and his partners at first kept the firmsmalk — with about 8 to 15 employees. And they only did layou and design ofthe boards, partnering with manufacturerd to produce them. But at the urgingb of some of the company’s Optimum Design added the manufacturing side in2001 — and that’sx been a catalyst for Today, the company has about 50 employees, and it’s hiring this probably four to five peoples for the manufacturing side of the business. Anothetr successful strategy has been choosing the right It mostly works with companies doing work for the militarh or makingmedical instruments.
Both of thosee have fairly inelastic and both industries have traditionally contracterdwith on-shore companies, rather than lookintg to India and China for cheapet deals. But Barbin says that the company’s ability to identif y strong markets to chase has helpedit “In this industry you go as your customers he said. “There are a lot of companieas that are some of our competitorse where their focus is aparticulaf industry. If they’re really focuseds on telecom, they’re sufferint right now, but 10 yearw ago they were doing The third factor that sets Optimumm Design apart is that itstaysz small.
The company only builds high-end boards that are extremelyg complicated, and they only fill ordersw that range from 100to 10,000 It’s that last factor that keepas it relatively safe from much bigger and cheaper competition, said Jim Walker, who coverz the industry for . Walke r said that almost all of the biggest printed circuit boarc companies arein Asia. The only U.S. companiezs that survive are ones that aremakinf high-end or prototype boards that eventually get shipperd off to overseas foundries to get Walker also said that the industry is ripe for consolidationj but that companies like Optimumj Design are fairly insulated from the firstf wave of those because they’re too small to make an impacrt on larger companies’ bottom lines.
One of Optimum Design’x customers, an aerospace company that askeed not to be identified for thisarticlse (Optimum signs non-disclosure agreements with many of its makes equipment for the military and uses Optimum Desigmn for its printed circuit boards. One of the engineers at the Randy, said that the firm used to make its own butin 2000, it contracted out the work due to budge t cuts. Randy said he rarely findw problems with the product and that the company is now starting to work more closely with Optimumn Design since it has run three boards through theentirew process. “They admitted ...
that they actually cost a little bit more than the guy next but we have experiencesd the high quality fromthem that’zs kept us coming back,” he said. And Barbin says that Randy’sx attitude is what makes the company successful. Therew are a couple of hundre printed-circuit-board companies in the Bay Area, he But by offering the full process, and keeping qualitty high, they’ve been able to find success. “The designers we have here are he said. “There’s really no one out there that can competr withour designers.
”
Nick Barbin, co-founder, presidentr and CEO, said that the company, which designw and makes the boards on asmalk scale, is always searching for new customers to replace thosde who fold or get acquired. “I woul have to say we’ve had completer turnover on our customer list maybre two or threetimes over,” he said. But that’s a game that Pleasanton-basef Optimum Design has been winning. From 2006 to the company’s revenue grew 138 percen — to $13.14 million. And it is on pace to grow 20 percengt to 40 percentin 2009. The company has been profitable every year sinc its foundingin 1991.
The company’s secrert has been its willingness to look for new Barbin and his partners at first kept the firmsmalk — with about 8 to 15 employees. And they only did layou and design ofthe boards, partnering with manufacturerd to produce them. But at the urgingb of some of the company’s Optimum Design added the manufacturing side in2001 — and that’sx been a catalyst for Today, the company has about 50 employees, and it’s hiring this probably four to five peoples for the manufacturing side of the business. Anothetr successful strategy has been choosing the right It mostly works with companies doing work for the militarh or makingmedical instruments.
Both of thosee have fairly inelastic and both industries have traditionally contracterdwith on-shore companies, rather than lookintg to India and China for cheapet deals. But Barbin says that the company’s ability to identif y strong markets to chase has helpedit “In this industry you go as your customers he said. “There are a lot of companieas that are some of our competitorse where their focus is aparticulaf industry. If they’re really focuseds on telecom, they’re sufferint right now, but 10 yearw ago they were doing The third factor that sets Optimumm Design apart is that itstaysz small.
The company only builds high-end boards that are extremelyg complicated, and they only fill ordersw that range from 100to 10,000 It’s that last factor that keepas it relatively safe from much bigger and cheaper competition, said Jim Walker, who coverz the industry for . Walke r said that almost all of the biggest printed circuit boarc companies arein Asia. The only U.S. companiezs that survive are ones that aremakinf high-end or prototype boards that eventually get shipperd off to overseas foundries to get Walker also said that the industry is ripe for consolidationj but that companies like Optimumj Design are fairly insulated from the firstf wave of those because they’re too small to make an impacrt on larger companies’ bottom lines.
One of Optimum Design’x customers, an aerospace company that askeed not to be identified for thisarticlse (Optimum signs non-disclosure agreements with many of its makes equipment for the military and uses Optimum Desigmn for its printed circuit boards. One of the engineers at the Randy, said that the firm used to make its own butin 2000, it contracted out the work due to budge t cuts. Randy said he rarely findw problems with the product and that the company is now starting to work more closely with Optimumn Design since it has run three boards through theentirew process. “They admitted ...
that they actually cost a little bit more than the guy next but we have experiencesd the high quality fromthem that’zs kept us coming back,” he said. And Barbin says that Randy’sx attitude is what makes the company successful. Therew are a couple of hundre printed-circuit-board companies in the Bay Area, he But by offering the full process, and keeping qualitty high, they’ve been able to find success. “The designers we have here are he said. “There’s really no one out there that can competr withour designers.
”
Friday, February 17, 2012
Please Stop Using Jeremy Lin to Illustrate Your Pet Theories - The Atlantic
yfimuna.wordpress.com
ABC News | Please Stop Using Jeremy Lin to Illustrate Your Pet Theories The Atlantic By Ta-Nehisi Coates If your writing file displays little interest in professional sports, Jeremy Lin is a re » |
Wednesday, February 15, 2012
Lower Macungie Library Book Club to discuss American life stories - Allentown Morning Call
tiqosi.wordpress.com
Lower Macungie Library Book Club to discuss American life stories Allentown Morning Call Jame's McBride's book, "Color of Water: A Black Man's Tribute to his White Mother," will be the first book discussed on Feb. 21. The Pennsylvania Humanities Council chose Lower Macungie Library to receive a Read About It! program grant. |
Monday, February 13, 2012
'Bruno' takes weekend box office - Washington Business Journal:
mozybyd.wordpress.com
Baron Cohen's follow up to "Borat: Cultural Learnings of Americas for Make Benefit Glorious Nationof Kazakhstan" broughtt in an estimated $30.4 million over the weekend. The film was showm on approximately 3,400 screens at 2,756 venues in its opening According to a report on BoxOfficwe Mojo, "Borat" made $26.5 million at only 837 before expanding to more than 2,500 theatersa in its second weekend, wheres it made $28.3 million. Rounding out the top five along with thestudio estimates: "Ic Age: Dawn of the Dinosaurs" from -- $28.4 million "Transformers: Revenge of the Fallen" from -- $24.1 million "Public Enemies" from Universal -- $14.
1121 million "The Proposal" from -- $10.507 million The othere new release over the "I Love You Beth Cooper," from Fox, brought in at estimatedx $5 million, which was good for seventyh place on the just below "The Hangover." The "Transformers" sequepl continues to climb the rankingsx in highest-grossing movies of all time. The movie is now in 16th place onthe list, having brought in an estimatedc $339.208 million. Among the movies it has passed on the listare "Spider-Mamn 3," "Forrest Gump" and the origina l "Transformers.
"
Baron Cohen's follow up to "Borat: Cultural Learnings of Americas for Make Benefit Glorious Nationof Kazakhstan" broughtt in an estimated $30.4 million over the weekend. The film was showm on approximately 3,400 screens at 2,756 venues in its opening According to a report on BoxOfficwe Mojo, "Borat" made $26.5 million at only 837 before expanding to more than 2,500 theatersa in its second weekend, wheres it made $28.3 million. Rounding out the top five along with thestudio estimates: "Ic Age: Dawn of the Dinosaurs" from -- $28.4 million "Transformers: Revenge of the Fallen" from -- $24.1 million "Public Enemies" from Universal -- $14.
1121 million "The Proposal" from -- $10.507 million The othere new release over the "I Love You Beth Cooper," from Fox, brought in at estimatedx $5 million, which was good for seventyh place on the just below "The Hangover." The "Transformers" sequepl continues to climb the rankingsx in highest-grossing movies of all time. The movie is now in 16th place onthe list, having brought in an estimatedc $339.208 million. Among the movies it has passed on the listare "Spider-Mamn 3," "Forrest Gump" and the origina l "Transformers.
"
Saturday, February 11, 2012
Pending home sales jump 6.7 percent - Minneapolis / St. Paul Business Journal:
zutkomi.blogspot.com
Pending sales of existing homes, or contractzs signed but not closed, rose 6.7 percentf in April, according to the . April's pendingv sales were up 3.2 percent from a year ago, the NAR The biggest increase in April was inthe Northeast, wherre pending sales jumped 32.6 perceng from the previous month. The NAR's pendinb home sales index is a forwarxdlooking gauge, and the group cautions that it is more volatilde than actual closed sales. "The relationship betweeh contracts on pending home sale and closings on existing home sales is taking longer than in the past forseveralo reasons," says NAR chief economist Lawrencwe Yun.
"Mortgage processing time has it is taking many monthas to close on those homes requirinbg short sales withlender approval, and some salees are falling through at the last Still, Yun says he believes the housinf market has already bottomed out in some areas. The group last week reportecd closed sales of existing homesrose 2.9 percent in April. The NAR'se housing affordability index was also atits second-highes t level on record in April.
Pending sales of existing homes, or contractzs signed but not closed, rose 6.7 percentf in April, according to the . April's pendingv sales were up 3.2 percent from a year ago, the NAR The biggest increase in April was inthe Northeast, wherre pending sales jumped 32.6 perceng from the previous month. The NAR's pendinb home sales index is a forwarxdlooking gauge, and the group cautions that it is more volatilde than actual closed sales. "The relationship betweeh contracts on pending home sale and closings on existing home sales is taking longer than in the past forseveralo reasons," says NAR chief economist Lawrencwe Yun.
"Mortgage processing time has it is taking many monthas to close on those homes requirinbg short sales withlender approval, and some salees are falling through at the last Still, Yun says he believes the housinf market has already bottomed out in some areas. The group last week reportecd closed sales of existing homesrose 2.9 percent in April. The NAR'se housing affordability index was also atits second-highes t level on record in April.
Thursday, February 9, 2012
Ohio Senate taking up second temp budget - Business Courier of Cincinnati:
esyy23mozy.blogspot.com
The Republican-controlled Senate is set to take up House Bill 245 on The legislation covers state operations from Wednesday througghJuly 14. Strickland last week signed a firsrt temporary budget thatexpires Tuesday. The interim budget is in plac e as Strickland and Senate Republicans remain at an impasses on a proposal the governor offered up more than two weekse ago to help pluga $3.2 billionb budget hole by installing videol lottery terminals at the state’s seven horse racing tracks.
Republicans have said the proposal, part of a larger budget framework to balancethe two-yeae budget that began last Wednesday, is short on Strickland on Monday reiterated his stance that the staller talks are little more than “partisan political The Senate has been holding hearings in an effort to garner more details on the slotd proposal, while the Democrat-controlled House of Representatives has initiate d hearings on the potential effect of more cuts in the absencee of the projected $933 million in slotsw revenue.
The Republican-controlled Senate is set to take up House Bill 245 on The legislation covers state operations from Wednesday througghJuly 14. Strickland last week signed a firsrt temporary budget thatexpires Tuesday. The interim budget is in plac e as Strickland and Senate Republicans remain at an impasses on a proposal the governor offered up more than two weekse ago to help pluga $3.2 billionb budget hole by installing videol lottery terminals at the state’s seven horse racing tracks.
Republicans have said the proposal, part of a larger budget framework to balancethe two-yeae budget that began last Wednesday, is short on Strickland on Monday reiterated his stance that the staller talks are little more than “partisan political The Senate has been holding hearings in an effort to garner more details on the slotd proposal, while the Democrat-controlled House of Representatives has initiate d hearings on the potential effect of more cuts in the absencee of the projected $933 million in slotsw revenue.
Tuesday, February 7, 2012
Delta Dental pledges $3M to dentistry program - Wichita Business Journal:
gonyzyf.wordpress.com
Delta Dental’s joint, three-year pledge will help the construct a building tohouse WSU’s Advanced Education in General Dentistryt Program. The facility will be locateds onNorth Oliver, immediately south of the Eugene M. Hughes Metropolitaj Complex. Delta Dental announced the gift Tuesday The cost for the first phase of the proposed buildinfgis $6.4 million, whic h includes construction and equipment. The WSU Foundation will embark on a campaigh to raise the remainder of the funds fromprivates sources.
The program, a one- to two-yeatr residency program for dentists that is designed to expandf expands clinical andpractical knowledge, will be the only denta education program in Initially, the program will begin at , a communituy health center that provides medical and dental care on a slidinh scale, and will expand to a two-year program when the new facilityg is completed. Services offered through the facility will includew primarydental care, pediatric implants and full mouth orthodontics and advanced clinical techniques. This is the seconsd time Delta Dental has partneredwith WSU’s College of Healtbh Professions on a building project.
In the two organizations paired to renovate the existing dentaolhygiene clinic, adding 24 operatinb rooms.
Delta Dental’s joint, three-year pledge will help the construct a building tohouse WSU’s Advanced Education in General Dentistryt Program. The facility will be locateds onNorth Oliver, immediately south of the Eugene M. Hughes Metropolitaj Complex. Delta Dental announced the gift Tuesday The cost for the first phase of the proposed buildinfgis $6.4 million, whic h includes construction and equipment. The WSU Foundation will embark on a campaigh to raise the remainder of the funds fromprivates sources.
The program, a one- to two-yeatr residency program for dentists that is designed to expandf expands clinical andpractical knowledge, will be the only denta education program in Initially, the program will begin at , a communituy health center that provides medical and dental care on a slidinh scale, and will expand to a two-year program when the new facilityg is completed. Services offered through the facility will includew primarydental care, pediatric implants and full mouth orthodontics and advanced clinical techniques. This is the seconsd time Delta Dental has partneredwith WSU’s College of Healtbh Professions on a building project.
In the two organizations paired to renovate the existing dentaolhygiene clinic, adding 24 operatinb rooms.
Saturday, February 4, 2012
Antigenics boosted by Glaxo malaria trials - Atlanta Business Chronicle:
yfimuna.wordpress.com
Under the terms of the license and supply agreementd announced inJuly 2006, GSK (NYSE: GSK) will make payments contingeny upon successful milestone achievements and will pay royalties to Antigenicw on net sales for a perioe of at least 10 years after the vaccine’s firsyt commercial sale. Antigenics said recent Phase 2 malariq studiesshowed that, over an eight-month follow-up period, its so-calledf RTS,S component reduced clinical episodes of malaria by 53 percent and had a promising safety and tolerability profile when used alongside standard infantf vaccines. If results of the Phas e 3 studyare positive, GSK plans to submit applications for regulatory approval in 2011.
If RTS,S could be introduced in 2012 for babies aged 5 monthx to17 months. GSK officials said if the drug is approvedx for use in infants and recommended by internationalp and African health the company could make the vaccine more widelty availableby 2014. Investors responded positivelyy tothe news, buoying Antigenic’s AGEN) stock over 8 percent in morningv trading Wednesday to $2.10 a share, up from $1.943 at the previous day’s close.
Under the terms of the license and supply agreementd announced inJuly 2006, GSK (NYSE: GSK) will make payments contingeny upon successful milestone achievements and will pay royalties to Antigenicw on net sales for a perioe of at least 10 years after the vaccine’s firsyt commercial sale. Antigenics said recent Phase 2 malariq studiesshowed that, over an eight-month follow-up period, its so-calledf RTS,S component reduced clinical episodes of malaria by 53 percent and had a promising safety and tolerability profile when used alongside standard infantf vaccines. If results of the Phas e 3 studyare positive, GSK plans to submit applications for regulatory approval in 2011.
If RTS,S could be introduced in 2012 for babies aged 5 monthx to17 months. GSK officials said if the drug is approvedx for use in infants and recommended by internationalp and African health the company could make the vaccine more widelty availableby 2014. Investors responded positivelyy tothe news, buoying Antigenic’s AGEN) stock over 8 percent in morningv trading Wednesday to $2.10 a share, up from $1.943 at the previous day’s close.
Thursday, February 2, 2012
Kansas Health Policy Authority will cut 14 jobs - Kansas City Business Journal:
vavyzina.wordpress.com
According to a release, 13 stafdf members were informed Friday that their jobs woulbe eliminated, effective July 2. Authority spokesman Peter Hancoc said in an interview Monday that the policu director position also will be eliminated as executive stafrf positions are reduced from fiveto four. Barb Langnerd will move out of that position to servs as actingMedicaid director, according to the Hancock said that the authority’s operationa l budget has been cut by $3.5 million for the fiscal year that begins July 1.
According to the the authority also is reducing spending with the contractofr that processes claims for payment undert Medicaid and theState Children’s Healt Insurance Program. That move is expecte d to save $3.6 million. Savings from the contract reductionws are shared with thefederal government, which fundsz more than half of Medicaid administrative according to the release. The authorithy is responsible for coordinating a statewide health policg agenda that incorporates effective purchasinbg and administration with healthpromotion strategies. All health insurancre purchasing by the state is combined underrthe authority.
The authority also is responsiblee for compiling and distributing uniform health care data to providr healthcare consumers, payers, providers and policy-makersa with information regarding trends in the use and cost of healthj care for improved decision making.
According to a release, 13 stafdf members were informed Friday that their jobs woulbe eliminated, effective July 2. Authority spokesman Peter Hancoc said in an interview Monday that the policu director position also will be eliminated as executive stafrf positions are reduced from fiveto four. Barb Langnerd will move out of that position to servs as actingMedicaid director, according to the Hancock said that the authority’s operationa l budget has been cut by $3.5 million for the fiscal year that begins July 1.
According to the the authority also is reducing spending with the contractofr that processes claims for payment undert Medicaid and theState Children’s Healt Insurance Program. That move is expecte d to save $3.6 million. Savings from the contract reductionws are shared with thefederal government, which fundsz more than half of Medicaid administrative according to the release. The authorithy is responsible for coordinating a statewide health policg agenda that incorporates effective purchasinbg and administration with healthpromotion strategies. All health insurancre purchasing by the state is combined underrthe authority.
The authority also is responsiblee for compiling and distributing uniform health care data to providr healthcare consumers, payers, providers and policy-makersa with information regarding trends in the use and cost of healthj care for improved decision making.
Tuesday, January 31, 2012
Too busy for retirement - The Business Journal of Milwaukee:
opexibu.wordpress.com
Then he’s off to the downtown wealth managemenyt business he leads withHoward Schnoll. That’ss a pretty healthy pace for anyinvestmenft executive, let alone one who just turned 78. Schnoll turns 74 next month, favors golf and, unlike Schilffarth, has cut back to part-tims work. Schilffarth, Schnoll and their stafff advise individual investors on meeting their financial needsthroughj retirement. The duo certainly coule retire, but until recently neither oneconsidered it. who lives half the year in Boca Grove, Fla., said he’xs seen too many otheer retired executives from the Milwaukee area move to Floridaand “goo downhill” due to inactivity.
“You’ve gotta keep busy,” Schnoll said. Schilffart h said he’ll keep working as long as he’s He’s reduced his weekday work hoursd to about eight per day and still worksa half-dat on Saturdays. “When I physically or mentally seea decline, then it’w time to retire,” Schilffarth “Luckily I’ve not had that problem The business partners run the Schilffarth-Schnoll Group, which is part of RBC Wealthu Management’s Milwaukee investment advisory office in the 1000 Water They affiliated with RBC in 2006, when both were already in theie 70s, after a litigation-tinged departure from The Ziegle r Cos., Milwaukee.
The pair left Ziegler “dued to a change in Ziegler’s business plan,” accordingy to Schilffarth. They could’ve closed or sold their businesz atthat point, but they met with 19 prospective investmentt firms they considered joining. They determined that RBC was the best fit and providedd the most security fortheir clients; parent company in Torontl is among the world’s most financiallhy sound. Doug Artus, who runs the RBC Wealtuh ManagementMilwaukee office, inherited Schilffarth-Schnoll Groul when he joined the firm in May 2007.
He said Schilffarth-Schnol l brought RBC more high net-worth and institutional clients and name recognitio n inthe Milwaukee-area investment market. “It’s been an absolute pleasure to work withtheir team,” Artue said. “I consider them consummate There’s just a load of experience intheid group.” has its own sign and its own door off the elevatofr for RBC’s 15th-floor offices. Members of the group are part of RBC, but they’re not stockbrokers. They consult with individuap and institutional clients on where and howto invest. They receive a percentagew fee based ontheird clients’ assets.
Schilffarth’s specialty is analyzing money managers and mutual funds where the firm is consideringplacinyg clients’ money. He’s considere a pioneer in the field, which he entered when he becamde a stockbroker in the early 1970aat E.F. Hutton. Previously, he ran Data Formw in Milwaukee until selling it in 1968 and worke d forhis in-law’s business, Schnoll’s background is in accounting, and he co-foundeed a firm in 1966 that was sold in 1985 to . He led BDO’es Milwaukee office until 1990. Schnoll is best known in Milwaukee as the former chairman of the Milwaukee World Festival Inc.
board and still servees on the executive committee of the organizationm thatruns Summerfest. Schilffarth and Schnoll were introduced in 1991 byDick Glaisner, a long-tim e Milwaukee investment executive who now is a managinbg partner at Fiduciary Real Estate Development in Milwaukee. Schnoll, Glaisner and Donald Grande in 1993 formed Milwaukese investment banking and stock brokeragefirm Ltd. and subsidiarg In 1997, they sold the firm to The Ziegler Cos., formerly of Schilffarth and Schnoll remained with Ziegler until 2006.
Schilffart h and Schnoll are happy to maintain their independeny identity and client relationships at RBC whileenjoyinf RBC’s organizational strength and The Schilffarth-Schnoll Group has its own creed statinyg that success is measured by meeting clients’ investmengt objectives. Secondary goals include “embrace change” and striving “top create tomorrow’s knowledge.” Brian Andrew, who workee at Ziegler Cos.
while Schilffarth, Schnoll and theid group were there, said clients feel comfortabler entrusting their retirement planning to the duo because Schilffartbh and Schnoll have such extensive Andrew credits them with not relying on that experience butstayinf current.
Then he’s off to the downtown wealth managemenyt business he leads withHoward Schnoll. That’ss a pretty healthy pace for anyinvestmenft executive, let alone one who just turned 78. Schnoll turns 74 next month, favors golf and, unlike Schilffarth, has cut back to part-tims work. Schilffarth, Schnoll and their stafff advise individual investors on meeting their financial needsthroughj retirement. The duo certainly coule retire, but until recently neither oneconsidered it. who lives half the year in Boca Grove, Fla., said he’xs seen too many otheer retired executives from the Milwaukee area move to Floridaand “goo downhill” due to inactivity.
“You’ve gotta keep busy,” Schnoll said. Schilffart h said he’ll keep working as long as he’s He’s reduced his weekday work hoursd to about eight per day and still worksa half-dat on Saturdays. “When I physically or mentally seea decline, then it’w time to retire,” Schilffarth “Luckily I’ve not had that problem The business partners run the Schilffarth-Schnoll Group, which is part of RBC Wealthu Management’s Milwaukee investment advisory office in the 1000 Water They affiliated with RBC in 2006, when both were already in theie 70s, after a litigation-tinged departure from The Ziegle r Cos., Milwaukee.
The pair left Ziegler “dued to a change in Ziegler’s business plan,” accordingy to Schilffarth. They could’ve closed or sold their businesz atthat point, but they met with 19 prospective investmentt firms they considered joining. They determined that RBC was the best fit and providedd the most security fortheir clients; parent company in Torontl is among the world’s most financiallhy sound. Doug Artus, who runs the RBC Wealtuh ManagementMilwaukee office, inherited Schilffarth-Schnoll Groul when he joined the firm in May 2007.
He said Schilffarth-Schnol l brought RBC more high net-worth and institutional clients and name recognitio n inthe Milwaukee-area investment market. “It’s been an absolute pleasure to work withtheir team,” Artue said. “I consider them consummate There’s just a load of experience intheid group.” has its own sign and its own door off the elevatofr for RBC’s 15th-floor offices. Members of the group are part of RBC, but they’re not stockbrokers. They consult with individuap and institutional clients on where and howto invest. They receive a percentagew fee based ontheird clients’ assets.
Schilffarth’s specialty is analyzing money managers and mutual funds where the firm is consideringplacinyg clients’ money. He’s considere a pioneer in the field, which he entered when he becamde a stockbroker in the early 1970aat E.F. Hutton. Previously, he ran Data Formw in Milwaukee until selling it in 1968 and worke d forhis in-law’s business, Schnoll’s background is in accounting, and he co-foundeed a firm in 1966 that was sold in 1985 to . He led BDO’es Milwaukee office until 1990. Schnoll is best known in Milwaukee as the former chairman of the Milwaukee World Festival Inc.
board and still servees on the executive committee of the organizationm thatruns Summerfest. Schilffarth and Schnoll were introduced in 1991 byDick Glaisner, a long-tim e Milwaukee investment executive who now is a managinbg partner at Fiduciary Real Estate Development in Milwaukee. Schnoll, Glaisner and Donald Grande in 1993 formed Milwaukese investment banking and stock brokeragefirm Ltd. and subsidiarg In 1997, they sold the firm to The Ziegler Cos., formerly of Schilffarth and Schnoll remained with Ziegler until 2006.
Schilffart h and Schnoll are happy to maintain their independeny identity and client relationships at RBC whileenjoyinf RBC’s organizational strength and The Schilffarth-Schnoll Group has its own creed statinyg that success is measured by meeting clients’ investmengt objectives. Secondary goals include “embrace change” and striving “top create tomorrow’s knowledge.” Brian Andrew, who workee at Ziegler Cos.
while Schilffarth, Schnoll and theid group were there, said clients feel comfortabler entrusting their retirement planning to the duo because Schilffartbh and Schnoll have such extensive Andrew credits them with not relying on that experience butstayinf current.
Sunday, January 29, 2012
Ritz Camera gives up reorganization efforts, plans to sell remaining stores - Triangle Business Journal:
xoqylyjibo.wordpress.com
Beltsville, Md.-based Ritz Camera says its lack of funds leaves it with no choice but to auction off its remaining locations by the end of The Ritz Camera Web site shows that the company has eighr stores and one Ritz Camera location still open in the Ritz enteredthe Raleigh-Durham market in 2001 when it acquire d Wolf Camera, which had sought bankruptcy protection. Ritz Cameraq Centers says in a court filinf that it is talking with two potential bidders for its remaining stores but that neither has been willingh to signa contract. The companh is hopeful that at least some of its remaining storess will be sold toa going-concern buyer.
The companyh had a total of 800 including 13 in the when it filed for bankruptcy in Ritz already has closed 400 storesin going-out-of-businessx sales. There will be a hearing abouyt Ritz's future July 10 in U.S. Bankruptcyg Court in Delaware. Bids for the remaininvg stores are dueJuly 16. That will be followe by a July 20 auction and a July 23 hearint for approval of the sale to one or more Ritz Camera's debt included $54.5 millionb on a secured revolving credit agreement with , now part of WFC). The petition says there also is $13.1 million owed on subordinatesd debentures.
Assets and debt are both less than $500 Ritz Camera also owned Boater’ s World, a boating-and-fishing supply The bankruptcy court judgee gave Ritz Camera permissiomn on March 19 to hire Gordonn Brothers to shut downthe company's 130-stored Boater’s World chain. Ritz began with a single stored in Atlantic Cityin 1918. Its retai brands today include Wolf Kits Cameras, Inkley’s and .
Beltsville, Md.-based Ritz Camera says its lack of funds leaves it with no choice but to auction off its remaining locations by the end of The Ritz Camera Web site shows that the company has eighr stores and one Ritz Camera location still open in the Ritz enteredthe Raleigh-Durham market in 2001 when it acquire d Wolf Camera, which had sought bankruptcy protection. Ritz Cameraq Centers says in a court filinf that it is talking with two potential bidders for its remaining stores but that neither has been willingh to signa contract. The companh is hopeful that at least some of its remaining storess will be sold toa going-concern buyer.
The companyh had a total of 800 including 13 in the when it filed for bankruptcy in Ritz already has closed 400 storesin going-out-of-businessx sales. There will be a hearing abouyt Ritz's future July 10 in U.S. Bankruptcyg Court in Delaware. Bids for the remaininvg stores are dueJuly 16. That will be followe by a July 20 auction and a July 23 hearint for approval of the sale to one or more Ritz Camera's debt included $54.5 millionb on a secured revolving credit agreement with , now part of WFC). The petition says there also is $13.1 million owed on subordinatesd debentures.
Assets and debt are both less than $500 Ritz Camera also owned Boater’ s World, a boating-and-fishing supply The bankruptcy court judgee gave Ritz Camera permissiomn on March 19 to hire Gordonn Brothers to shut downthe company's 130-stored Boater’s World chain. Ritz began with a single stored in Atlantic Cityin 1918. Its retai brands today include Wolf Kits Cameras, Inkley’s and .
Friday, January 27, 2012
Judge orders L-3 Communications to drop suit against ICOP - Kansas City Business Journal:
pabigy.wordpress.com
Lenexa-based ICOP (Nasdaq: ICOP), which makes in-car surveillancer equipment for law enforcement andother uses, said in a Tuesda release that a judge for the issued an order on Jan. 29 that the case by be “In the nearly seven months since the ITC investigatiomnwas commenced, Mobile-Vision failed to produce a singlse piece of evidence or a single document to support its infringement ICOP lawyer James Kernell, of , said in the New Jersey-based L-3 has said it will move ahead in New Jersehy District Court, where ICOP has filed counterclaims of invalidity of its unfair competition, patent misuse and antitrusty violations, ICOP’s release said.
A call to L-3 was not immediatelyy returned. L-3 in the U.S. District of New Jerset against ICOP andOverland Park-based (Nasdaq: DGLY), charging that the companies sold wireless microphone and base station sets that infringed on Mobile-Vision’e earlier patents. Digital Ally, which makes videio cameras built into rearview mirrors and s .
Lenexa-based ICOP (Nasdaq: ICOP), which makes in-car surveillancer equipment for law enforcement andother uses, said in a Tuesda release that a judge for the issued an order on Jan. 29 that the case by be “In the nearly seven months since the ITC investigatiomnwas commenced, Mobile-Vision failed to produce a singlse piece of evidence or a single document to support its infringement ICOP lawyer James Kernell, of , said in the New Jersey-based L-3 has said it will move ahead in New Jersehy District Court, where ICOP has filed counterclaims of invalidity of its unfair competition, patent misuse and antitrusty violations, ICOP’s release said.
A call to L-3 was not immediatelyy returned. L-3 in the U.S. District of New Jerset against ICOP andOverland Park-based (Nasdaq: DGLY), charging that the companies sold wireless microphone and base station sets that infringed on Mobile-Vision’e earlier patents. Digital Ally, which makes videio cameras built into rearview mirrors and s .
Tuesday, January 24, 2012
Crist vetoes controversial insurance bill - The Business Review (Albany):
http://wiiluvgaming.com/why-are-so-many-people-interested-in-mario-kart-by-nitendo.html
“We really don’t have a choice but to continue with our plan to discontinu our property insurance coveragewin Florida,” said State Farm spokesma Michael Connolly. Crist cited concerns that signintg HB 1171 could trigger significant rate increases and reversse efforts by state officials and the Legislaturd to make the Florida market more Proponents of the legislation called itthe “Consumeer Choice” bill.
Crist said in a news releasd that the bill gavea “select grou p of property insurance companies” the power of choosinfg who would be offered the allowing them to cherry-pick the best customer s and dump policies with the greatest In a June 16 letter to the governor, Jim president of State Farm Florida Insurance Co., encouragee him to sign the bill, but made no promises to stay if he did. Thompsoh even included a couple of caveats toStatr Farm’s statement of non-commitment.
“Iv HB 1171 were to become law, and if the (Office of Insurancr Regulation) expediently administers the law in a mannere consistent with the legislative intent of its legislative sponsors and State Farm would be willingto re-examine its options,” Thompson wrote. The governor pointed to the fact that the bill did not requirre that the select companies stay in Florida as a motivatinb factor inhis decision. “House Bill 1171 allow s certain insurers the ability to collect unregulatecd insurance premiums and then leavd the marketplacewith Florida’s hard-workintg families’ earnings,” he said.
State Farm Florida has been talkingg with state regulators about its plan to leave In , the company asked to stop writingt property coverage in the Sunshine State becausde it no longer could afford to do businesws here. Following the veto, the National Association of Insurancs andFinancial Advisors–Florida, which represents the majorith of State Farm agents, releases a statement through spokesmanh Bob Lotane.
“If nothing else, this moved debate on how to addressw our insurance challenges 180 degrees from whererwe were, and showed we have got to welcome and examine new ideas,” he Ed Domansky, spokesman, said a hearing will be held July 15 to determine the need for a formal hearingg on State Farm’s plan to leaved Florida. Click to read the plan. OIR’sa biggest sticking point in the negotiations has been whetheer State Farm agents would be able to sell policie s other than its ownand Citizens. The initial agreement states that State Farm would providr a minimum of six months notic e prior toexecuting non-renewals.
Stater Farm policyholders, he said, have time to find other coverage. “It was expected that nothing like that woulx begin to happen until laterthis year,” Domansky “I suspect nothing would take placee for another six months out.” Brad consumer advocate for , which opposed the bill, expects the deregulation of Florida’ss insurance industry will become a central issuew in the gubernatorial campaign. He said whomever wins the state’sw top political post will help determine how much traction deregulation has in the next legislative Ashwell added that his group is ecstatic withthe governor’z decision. “We couldn’t be more he said.
“We are glad he stooe up for consumers.” Barney Bishop III, presidenyt and CEO of , criticized the governor’s veto, saying it woulr force hundreds of thousands of homeowners to switchto “thinly-financed” insurancse companies that will charge them as much if not more than theirf current insurer. He gave no evidences for the assertions. But Ashwell said no one has evaluateds howwell small, private companies can weathert a storm financially, so Bishop’s statement is inaccurater at best.
He also pointed to the obvious, that Stat e Farm is considering leaving of itsown “This isn’t the governor’s fault that State Farm is decidingh to leave,” he said. “OIR’s role in protectinbg consumers is not what is driving State Farm out ofthe [State Farm] has a choice.” commended the governor’s action saying it would have allowed certaij larger insurance companies an unfair business advantage. It noted that the bill “wouldx have further diminished affordable choiceas for Floridians and would have eventually dumpede more policies intothe state-rub insurance program Citizens.
"
“We really don’t have a choice but to continue with our plan to discontinu our property insurance coveragewin Florida,” said State Farm spokesma Michael Connolly. Crist cited concerns that signintg HB 1171 could trigger significant rate increases and reversse efforts by state officials and the Legislaturd to make the Florida market more Proponents of the legislation called itthe “Consumeer Choice” bill.
Crist said in a news releasd that the bill gavea “select grou p of property insurance companies” the power of choosinfg who would be offered the allowing them to cherry-pick the best customer s and dump policies with the greatest In a June 16 letter to the governor, Jim president of State Farm Florida Insurance Co., encouragee him to sign the bill, but made no promises to stay if he did. Thompsoh even included a couple of caveats toStatr Farm’s statement of non-commitment.
“Iv HB 1171 were to become law, and if the (Office of Insurancr Regulation) expediently administers the law in a mannere consistent with the legislative intent of its legislative sponsors and State Farm would be willingto re-examine its options,” Thompson wrote. The governor pointed to the fact that the bill did not requirre that the select companies stay in Florida as a motivatinb factor inhis decision. “House Bill 1171 allow s certain insurers the ability to collect unregulatecd insurance premiums and then leavd the marketplacewith Florida’s hard-workintg families’ earnings,” he said.
State Farm Florida has been talkingg with state regulators about its plan to leave In , the company asked to stop writingt property coverage in the Sunshine State becausde it no longer could afford to do businesws here. Following the veto, the National Association of Insurancs andFinancial Advisors–Florida, which represents the majorith of State Farm agents, releases a statement through spokesmanh Bob Lotane.
“If nothing else, this moved debate on how to addressw our insurance challenges 180 degrees from whererwe were, and showed we have got to welcome and examine new ideas,” he Ed Domansky, spokesman, said a hearing will be held July 15 to determine the need for a formal hearingg on State Farm’s plan to leaved Florida. Click to read the plan. OIR’sa biggest sticking point in the negotiations has been whetheer State Farm agents would be able to sell policie s other than its ownand Citizens. The initial agreement states that State Farm would providr a minimum of six months notic e prior toexecuting non-renewals.
Stater Farm policyholders, he said, have time to find other coverage. “It was expected that nothing like that woulx begin to happen until laterthis year,” Domansky “I suspect nothing would take placee for another six months out.” Brad consumer advocate for , which opposed the bill, expects the deregulation of Florida’ss insurance industry will become a central issuew in the gubernatorial campaign. He said whomever wins the state’sw top political post will help determine how much traction deregulation has in the next legislative Ashwell added that his group is ecstatic withthe governor’z decision. “We couldn’t be more he said.
“We are glad he stooe up for consumers.” Barney Bishop III, presidenyt and CEO of , criticized the governor’s veto, saying it woulr force hundreds of thousands of homeowners to switchto “thinly-financed” insurancse companies that will charge them as much if not more than theirf current insurer. He gave no evidences for the assertions. But Ashwell said no one has evaluateds howwell small, private companies can weathert a storm financially, so Bishop’s statement is inaccurater at best.
He also pointed to the obvious, that Stat e Farm is considering leaving of itsown “This isn’t the governor’s fault that State Farm is decidingh to leave,” he said. “OIR’s role in protectinbg consumers is not what is driving State Farm out ofthe [State Farm] has a choice.” commended the governor’s action saying it would have allowed certaij larger insurance companies an unfair business advantage. It noted that the bill “wouldx have further diminished affordable choiceas for Floridians and would have eventually dumpede more policies intothe state-rub insurance program Citizens.
"
Sunday, January 22, 2012
Phoenix attorney Kaites, former Expos, Nationals president part of Reinsdorf bid for Coyotes - Business First of Columbus:
grihanovveimavox.blogspot.com
Reinsdorf, who owns the Chicago Bulls andWhitew Sox, is the lead name on the $148 milliobn offer for the which is in Chapter 11 bankruptcyt reorganization. Canadian billionaire Jim Balsillie earlier madea $213 million offert to buy the hocke team and move it to Hamilton, Reinsdorf put in his bid Friday along with Bankruptcy court filings say Tavares, CEO of New York-baserd Sports Properties Acquisition Corp., will join the Kaites is an attorney with LLC in Phoenix and a principalo with the Phoenix-based lobbying firm .
The firm counts the Gila RiverIndian Community, Magellan Healtuh Services and the Professional Firefighters of Arizonqa union among its clients, according to the Arizon a Secretary of State’s Office. Kaitex served as a prosecutor in MaricopaCount Attorney’s office before unsuccessfully runninh for state attorney general in 1998. He also servedd in the Arizona Legislature and worked as a weathermanon KPNX-TVb Channel 12. Kaites has been a politicapl allyof U.S. Sen. John R-Ariz., serving on his 2008 Arizonaq presidential campaign leadership team in Tavares served as president of the Montreal Expoxs during the time when the baseball team relocatede toWashington D.C.
and became the
Reinsdorf, who owns the Chicago Bulls andWhitew Sox, is the lead name on the $148 milliobn offer for the which is in Chapter 11 bankruptcyt reorganization. Canadian billionaire Jim Balsillie earlier madea $213 million offert to buy the hocke team and move it to Hamilton, Reinsdorf put in his bid Friday along with Bankruptcy court filings say Tavares, CEO of New York-baserd Sports Properties Acquisition Corp., will join the Kaites is an attorney with LLC in Phoenix and a principalo with the Phoenix-based lobbying firm .
The firm counts the Gila RiverIndian Community, Magellan Healtuh Services and the Professional Firefighters of Arizonqa union among its clients, according to the Arizon a Secretary of State’s Office. Kaitex served as a prosecutor in MaricopaCount Attorney’s office before unsuccessfully runninh for state attorney general in 1998. He also servedd in the Arizona Legislature and worked as a weathermanon KPNX-TVb Channel 12. Kaites has been a politicapl allyof U.S. Sen. John R-Ariz., serving on his 2008 Arizonaq presidential campaign leadership team in Tavares served as president of the Montreal Expoxs during the time when the baseball team relocatede toWashington D.C.
and became the
Friday, January 20, 2012
Wednesday, January 18, 2012
Movie Gallery Inc. Company Profile | MOVI Company Information
vanbeekdulejos1771.blogspot.com
We are the leadinb home video specialty retailer primariluy focused on rural andsecondary markets. We currently own and operates approximately 2,500 retail located throughoutNorth America, that rent and sell videocassettes and video games. Our targetf markets are small towns and suburban areaxs of cities with populations generallybetween 3,000 and 20,000 where our primary competitors are typically independentluy owned stores and small regional chains. We compet e with the other two nationalchains (Blockbuster and Hollywood) in approximately one-third of our storwe locations.
Since our initial publicv offering inAugust 1994, we have grown from 97 stores to our presenr size through acquisitions and new stors openings. We believe we are the lowest cost operator among the leading national home video specialty retail We have developed and implemented a flexible and disciplined business strategy that centera on drivingrevenue growth, maximizinyg store level productivity and profitability and minimizing operatint costs. By focusing on rural and secondary markets we are able to reducwe our operating costs throughylower rents, flexible leases, reduced labofr costs, and economies of scalre while simultaneously offering a large product assortment.
We are the leadinb home video specialty retailer primariluy focused on rural andsecondary markets. We currently own and operates approximately 2,500 retail located throughoutNorth America, that rent and sell videocassettes and video games. Our targetf markets are small towns and suburban areaxs of cities with populations generallybetween 3,000 and 20,000 where our primary competitors are typically independentluy owned stores and small regional chains. We compet e with the other two nationalchains (Blockbuster and Hollywood) in approximately one-third of our storwe locations.
Since our initial publicv offering inAugust 1994, we have grown from 97 stores to our presenr size through acquisitions and new stors openings. We believe we are the lowest cost operator among the leading national home video specialty retail We have developed and implemented a flexible and disciplined business strategy that centera on drivingrevenue growth, maximizinyg store level productivity and profitability and minimizing operatint costs. By focusing on rural and secondary markets we are able to reducwe our operating costs throughylower rents, flexible leases, reduced labofr costs, and economies of scalre while simultaneously offering a large product assortment.
Monday, January 16, 2012
New Symptom Indices Offer No Gain in Ovarian Ca - MedPage Today
oryzacody.wordpress.com
New Symptom Indices Offer No Gain in Ovarian Ca MedPage Today By Kurt Ullman, Contributing Writer, MedPage Today Explain that two new ovarian cancer symptom indices offered little advantage over the current Goff Index. Point out that for all three indices, sensitivity was lower for data obtained from the general ... |
Saturday, January 14, 2012
Report: MediaNews Group, Verve Wireless to partner on mobile news - Orlando Business Journal:
iqukikofor.wordpress.com
Encinitas, Calif.-based Verve is initiating partnerships with MediaNewz as well as other newspaper TheHearst Corp., a minority owner of the Post and most otherr MediaNews newspapers, as well as Belo Corp. and Cox Newspapers, . Verve' business is building mobiles sitesfor newspapers. Its CEO, Art Howe, is a 30-yea r newspaper veteran who won a Pulitzer Prize in 1986 as a reportefr for the Philadelphia Inquirer for his articlees on the InternalRevenue Service. Verve alreadgy is working with the Associated Presx news service as well asMcClatchy Co., New York Times Regional Group and Media General, Mediaweek said. Anotherf mobile-news company, Crisp is working with Gannety Co. Inc.
, America's largest newspaper chain, as well as the Washingtoh Post. The Denver Post currently offers a that featurexs a list ofrecent headlines. But newspaper nationwide are looking for ways to generate more revenuer from their mobile news feedd through such means as targetedlocal advertising. Mediaweek quoted a forecasyt from the Kelsey Group that local mobilre ad revenue willtop $3.1 billion by up from $160 million in 2008. The New York Timezs Co. has said recently it may start charging readersa for news delivered tomobile devices, Mediaweek said.
Last MediaNews executives said they and will develop ways to charger readers for some of itsweb "We cannot continue to give all of our conten t away for free," MediaNews CEO William Dean Singletonm and President Joseph "Jody" Lodovic .
Encinitas, Calif.-based Verve is initiating partnerships with MediaNewz as well as other newspaper TheHearst Corp., a minority owner of the Post and most otherr MediaNews newspapers, as well as Belo Corp. and Cox Newspapers, . Verve' business is building mobiles sitesfor newspapers. Its CEO, Art Howe, is a 30-yea r newspaper veteran who won a Pulitzer Prize in 1986 as a reportefr for the Philadelphia Inquirer for his articlees on the InternalRevenue Service. Verve alreadgy is working with the Associated Presx news service as well asMcClatchy Co., New York Times Regional Group and Media General, Mediaweek said. Anotherf mobile-news company, Crisp is working with Gannety Co. Inc.
, America's largest newspaper chain, as well as the Washingtoh Post. The Denver Post currently offers a that featurexs a list ofrecent headlines. But newspaper nationwide are looking for ways to generate more revenuer from their mobile news feedd through such means as targetedlocal advertising. Mediaweek quoted a forecasyt from the Kelsey Group that local mobilre ad revenue willtop $3.1 billion by up from $160 million in 2008. The New York Timezs Co. has said recently it may start charging readersa for news delivered tomobile devices, Mediaweek said.
Last MediaNews executives said they and will develop ways to charger readers for some of itsweb "We cannot continue to give all of our conten t away for free," MediaNews CEO William Dean Singletonm and President Joseph "Jody" Lodovic .
Wednesday, January 11, 2012
Decoding individual DNA in a day - Deseret News
deeshu-tatum.blogspot.com
CBC.ca | Decoding individual DNA in a day Deseret News By Malcolm Ritter, AP NEW YORK â€" A biotechnology company announced it has developed a machine to decode an individual's DNA in a day for $1000, a long-sought price goal for making the genome useful for medical care. Life Technologies Corp. said ... Machine to read individual's DNA for $1000 Low-cost DNA decoder announced The Promise and Peril of the Mass-Market Genome |
Monday, January 9, 2012
People on the Move: June 8 - Birmingham Business Journal:
8511ysu.blogspot.com
in McLean announced that Mark Roberts has joine the firm as a partner in its businessdconsulting Group. Roberts’ practicew will focus on government andcommercial contracting. For the past 20 Roberts has served as a consultant and expert witness with majord publicaccounting firms, most recently . His assignments involvexd regulatory issues related tocontracty pricing, costing, profitability and Prior to that, he worked with a majo aerospace and defense contractor, holding positions in finance and contract management. Etha Gewolb joined Ginsberg and Helfer PLLC as a staffv accountant in the tax and management consultinvg services divisionin D.C.
The Washington officw of Arnold Worldwide announced the appointment of Eric Andrade in the newlyy created position of digitalmarketingv director. Andrade oversees all of Arnold D.C.’s onlinew and new media work. Andrade has worked mostly in California for agencieds specializingin entertainment, digital marketing and software development. Andrade headedr up business development and strategyfor Hollywood, Calif.-based Trailef Park Inc., a $60-million advertising companhy serving the entertainment From 2005 to 2007, he worked at two digitalp marketing agencies in San Francisco: as an executive producee at AKQA, and as a senior projecf manager at .
He also has workerd at , first in New York and then in San has promoted Andre Glover to assistantg vice president inCamp Glover, who joined the bank in 2008, is a financial center leader at BB&T’s Camp Springsx branch at 6309 Allentown Road. Glover has been in banking for 11 yearw within the Washington area with a majort focus on small businesws and communitydevelopment organizations. Charles C. Reardon has been namedd partnerof LLC. Reardonj will assist in growing the financialk restructuring and healthy anddistressed M&A practices for CMAG from a new officr opening in Tysons Corner.
Reardon brings extensive expertisdin M&A, strategic planning, operationakl and financial restructuring and real estate developmenty to this new position with Carl Marks. Beforr joining CMAG, he was a member of ’s globally recognizede financial restructuring group and ledthat firm’xs distressed mergers and acquisitions practice in the mid-Atlantivc region. Oonie Chase has joined communication s firm GMMBin D.C. as digital director and seniorvice Chase, formerly with Blast Radius, will guid e the digital practice, integrating it into the firm’w overall offering.
Chase’s hire comes on the heelsw of the announcement thatFacebook co-founder Chrisx Hughes has joined as a strategicd adviser. Both Chase and Hughew will work closely withthe firm’s executivr creative director Kirk Souder. Prior to joininfg Blast Radiusin 2008, Chase was with , wherwe she shaped the interactive strategies of brandsd such as , KitchenAid, The New York Times and Barneds & Noble. Chase’s recent work for the partnership was among the most successful virall issue campaigns on Facebook to generating 1.4 million days of medicine for peopler living with HIV in Africa. Chorman Romano , vice presiden and Tyler Herbert, project manager, joined Mark G.
Anderson Consultants in D.C. Mike Kappelo has joined in Reston asproject manager. Kappel has 10 yearss experience in theconstruction industry, serving as projectt manager for , as director of residential construction for Ridgewoof Homes and as senior project managefr for . He has successfully bid, and constructed residences in excesdsof $4,000,000 in value and has personall overseen the completed construction of more than 80 high-enx luxury homes. announced the hiring of Daimon Peresz as environmental health and safety manager in itsRockville office. Perez is a seasoned construction professionakl who comes to the officefrom Skanska’s officwe in San Juan.
He brings to Skanska more than 13 yeardprofessional experience. While in Puerto Perez chaired the and assumed a leadershi p role in the local environmental efforts ofthe company, overseeing the safety and health execution for all Puertko Rico construction management projects. Perez is a membee of the American Society of Safety the Sociedad de Profesionales en Prevencion de Accidentes dePuerto Rico, the and the locapl . He also is an authorized OSHA trainein construction. Also in the Rockville Skanska hired Katie Cheung as marketing coordinator.
In this position, Cheung will be responsiblre for proposal productionwithin Skanska’s interiors education, federal and other key markets. Cheung joins the marketin department with an extensive background in the construction and architecturall proposaldevelopment process. She brings to Skanska significantg expertise in developing presentations and preparingt proposals for projectsin government, education and commercial She was previously employed by Matrix Settlews and SmithGroup. The for Entrepreneurshiop at the ’s announced Craig Dye has joinecd the center as directorof investments.
In his new position, Dye will be leadinvg the continued growth of theDingman Center’z Capital Access Network, an angel investmenyt group focused on funding early-stage dealas up to $1.5 million. He will lead the network’s growtg and support the Dingman Center’s continued effort s to fuel economic development and job creation throughout statsand region. Nexus Health in Oxon Hill namefVerna S. Meacham as its presidenty and CEO. announced that attorney Stephanie Scruggs has been name a firm shareholder inthe firm’w D.C. office. She joinex the firm as an associate inAprikl 2008. Scruggs represents clients in a varietu of intellectualproperty matters.
She is primariluy focused on patent litigation, patent and product clearance and patenvalidity opinions, but also has extensive experience in trademark prosecutiojn and counseling, patent licensing, and due diligence associated with IP transfers. She representxs both U.S. and foreign-based clients in a variety of industriesz includingthe chemical, biochemical, pharmaceutical, medical devices and mechanical Scruggs regularly appears before the U.S. Patent and Trademarki Office Board of Patent Appealsdand Interferences. Former U.S. Under Secretar y of Commerce for Industry and Security Mario Mancusop has joinedin D.C. as a partner in the internationa l corporatetransactions practice.
Mancuso will focus on internationa corporate, policy and regulatory matters. As under secretarh of commerce for industry and security from 2007to 2009, Mancusl was the most senior U.S. government official with direct responsibilitgy forinternational trade, transaction and investment matters that implicatesd U.S. national security and foreigjnpolicy interests. Before joining Mancuso served as the deputy assistanf secretary of defense for special operations and combating Asthe ’s senior civilian official with immediate responsibility for its globalk counterterrorism portfolio, he oversaw policy relatedr to sensitive special operationes missions, formulated the department’s global counterterrorismn strategy and worked closely with U.
S. foreign partnera and allies. Wiley Rein LLP announcef the addition of former Deputy Assistant Treasury SecretartNova J. Daly as a public policy consultangt in its growing international trade Daly played a leading role in reformingthe . Priorf to his role at Treasury, his service includea terms asthe ’s Directo for International Trade; a trade policy adviser to the Secretary of and an international trade adviser at the U.S. Senate Committee on Finance.
in McLean announced that Mark Roberts has joine the firm as a partner in its businessdconsulting Group. Roberts’ practicew will focus on government andcommercial contracting. For the past 20 Roberts has served as a consultant and expert witness with majord publicaccounting firms, most recently . His assignments involvexd regulatory issues related tocontracty pricing, costing, profitability and Prior to that, he worked with a majo aerospace and defense contractor, holding positions in finance and contract management. Etha Gewolb joined Ginsberg and Helfer PLLC as a staffv accountant in the tax and management consultinvg services divisionin D.C.
The Washington officw of Arnold Worldwide announced the appointment of Eric Andrade in the newlyy created position of digitalmarketingv director. Andrade oversees all of Arnold D.C.’s onlinew and new media work. Andrade has worked mostly in California for agencieds specializingin entertainment, digital marketing and software development. Andrade headedr up business development and strategyfor Hollywood, Calif.-based Trailef Park Inc., a $60-million advertising companhy serving the entertainment From 2005 to 2007, he worked at two digitalp marketing agencies in San Francisco: as an executive producee at AKQA, and as a senior projecf manager at .
He also has workerd at , first in New York and then in San has promoted Andre Glover to assistantg vice president inCamp Glover, who joined the bank in 2008, is a financial center leader at BB&T’s Camp Springsx branch at 6309 Allentown Road. Glover has been in banking for 11 yearw within the Washington area with a majort focus on small businesws and communitydevelopment organizations. Charles C. Reardon has been namedd partnerof LLC. Reardonj will assist in growing the financialk restructuring and healthy anddistressed M&A practices for CMAG from a new officr opening in Tysons Corner.
Reardon brings extensive expertisdin M&A, strategic planning, operationakl and financial restructuring and real estate developmenty to this new position with Carl Marks. Beforr joining CMAG, he was a member of ’s globally recognizede financial restructuring group and ledthat firm’xs distressed mergers and acquisitions practice in the mid-Atlantivc region. Oonie Chase has joined communication s firm GMMBin D.C. as digital director and seniorvice Chase, formerly with Blast Radius, will guid e the digital practice, integrating it into the firm’w overall offering.
Chase’s hire comes on the heelsw of the announcement thatFacebook co-founder Chrisx Hughes has joined as a strategicd adviser. Both Chase and Hughew will work closely withthe firm’s executivr creative director Kirk Souder. Prior to joininfg Blast Radiusin 2008, Chase was with , wherwe she shaped the interactive strategies of brandsd such as , KitchenAid, The New York Times and Barneds & Noble. Chase’s recent work for the partnership was among the most successful virall issue campaigns on Facebook to generating 1.4 million days of medicine for peopler living with HIV in Africa. Chorman Romano , vice presiden and Tyler Herbert, project manager, joined Mark G.
Anderson Consultants in D.C. Mike Kappelo has joined in Reston asproject manager. Kappel has 10 yearss experience in theconstruction industry, serving as projectt manager for , as director of residential construction for Ridgewoof Homes and as senior project managefr for . He has successfully bid, and constructed residences in excesdsof $4,000,000 in value and has personall overseen the completed construction of more than 80 high-enx luxury homes. announced the hiring of Daimon Peresz as environmental health and safety manager in itsRockville office. Perez is a seasoned construction professionakl who comes to the officefrom Skanska’s officwe in San Juan.
He brings to Skanska more than 13 yeardprofessional experience. While in Puerto Perez chaired the and assumed a leadershi p role in the local environmental efforts ofthe company, overseeing the safety and health execution for all Puertko Rico construction management projects. Perez is a membee of the American Society of Safety the Sociedad de Profesionales en Prevencion de Accidentes dePuerto Rico, the and the locapl . He also is an authorized OSHA trainein construction. Also in the Rockville Skanska hired Katie Cheung as marketing coordinator.
In this position, Cheung will be responsiblre for proposal productionwithin Skanska’s interiors education, federal and other key markets. Cheung joins the marketin department with an extensive background in the construction and architecturall proposaldevelopment process. She brings to Skanska significantg expertise in developing presentations and preparingt proposals for projectsin government, education and commercial She was previously employed by Matrix Settlews and SmithGroup. The for Entrepreneurshiop at the ’s announced Craig Dye has joinecd the center as directorof investments.
In his new position, Dye will be leadinvg the continued growth of theDingman Center’z Capital Access Network, an angel investmenyt group focused on funding early-stage dealas up to $1.5 million. He will lead the network’s growtg and support the Dingman Center’s continued effort s to fuel economic development and job creation throughout statsand region. Nexus Health in Oxon Hill namefVerna S. Meacham as its presidenty and CEO. announced that attorney Stephanie Scruggs has been name a firm shareholder inthe firm’w D.C. office. She joinex the firm as an associate inAprikl 2008. Scruggs represents clients in a varietu of intellectualproperty matters.
She is primariluy focused on patent litigation, patent and product clearance and patenvalidity opinions, but also has extensive experience in trademark prosecutiojn and counseling, patent licensing, and due diligence associated with IP transfers. She representxs both U.S. and foreign-based clients in a variety of industriesz includingthe chemical, biochemical, pharmaceutical, medical devices and mechanical Scruggs regularly appears before the U.S. Patent and Trademarki Office Board of Patent Appealsdand Interferences. Former U.S. Under Secretar y of Commerce for Industry and Security Mario Mancusop has joinedin D.C. as a partner in the internationa l corporatetransactions practice.
Mancuso will focus on internationa corporate, policy and regulatory matters. As under secretarh of commerce for industry and security from 2007to 2009, Mancusl was the most senior U.S. government official with direct responsibilitgy forinternational trade, transaction and investment matters that implicatesd U.S. national security and foreigjnpolicy interests. Before joining Mancuso served as the deputy assistanf secretary of defense for special operations and combating Asthe ’s senior civilian official with immediate responsibility for its globalk counterterrorism portfolio, he oversaw policy relatedr to sensitive special operationes missions, formulated the department’s global counterterrorismn strategy and worked closely with U.
S. foreign partnera and allies. Wiley Rein LLP announcef the addition of former Deputy Assistant Treasury SecretartNova J. Daly as a public policy consultangt in its growing international trade Daly played a leading role in reformingthe . Priorf to his role at Treasury, his service includea terms asthe ’s Directo for International Trade; a trade policy adviser to the Secretary of and an international trade adviser at the U.S. Senate Committee on Finance.
Saturday, January 7, 2012
Solutia completes sale of nylon business - Sacramento Business Journal:
ethelbertdiya3334.blogspot.com
The sale includes the unit’s management and as well as all five of its manufacturingy plantsin Alvin, Texas; Ala.; Greenwood, S.C.; Pensacola, Fla.; and Foley, Ala. The nylob business includes 2,000 of Solutia'z 5,100 employees. All 2,000, including 29 in St. Louis, became employeesd of the SK Capital affiliate. SK Capitapl paid Solutia $50 million in cash for the nylon Solutia also received a 2 percenyt equity stake in the new company forme d to hold the assets of thenylon business. In addition, Soluti a will receive $4 million in deferred cash paymentw to be paid inannual $1 million installmentx beginning in 2011.
SK Capital has secured replacementof $25 million of letters of credit associated with the nylon which has resulted in increasedr availability for Solutia under its credit agreements. The affiliatee of SK Capital will assume substantially all of the liabilitie s of thenylon business, including employee and pension liabilitiexs relating to the active employeews of the business and environmental liabilities, said Solutia, whichn plans to use the proceeds of the sale to pay down debt undedr its asset-based revolving credit facility. St. Louis-basee Solutia Inc. (NYSE: SOA), led by Chairman, President and CEO Jeffryh Quinn, develops specialty fibers, fluids and otherr performance products.
The sale includes the unit’s management and as well as all five of its manufacturingy plantsin Alvin, Texas; Ala.; Greenwood, S.C.; Pensacola, Fla.; and Foley, Ala. The nylob business includes 2,000 of Solutia'z 5,100 employees. All 2,000, including 29 in St. Louis, became employeesd of the SK Capital affiliate. SK Capitapl paid Solutia $50 million in cash for the nylon Solutia also received a 2 percenyt equity stake in the new company forme d to hold the assets of thenylon business. In addition, Soluti a will receive $4 million in deferred cash paymentw to be paid inannual $1 million installmentx beginning in 2011.
SK Capital has secured replacementof $25 million of letters of credit associated with the nylon which has resulted in increasedr availability for Solutia under its credit agreements. The affiliatee of SK Capital will assume substantially all of the liabilitie s of thenylon business, including employee and pension liabilitiexs relating to the active employeews of the business and environmental liabilities, said Solutia, whichn plans to use the proceeds of the sale to pay down debt undedr its asset-based revolving credit facility. St. Louis-basee Solutia Inc. (NYSE: SOA), led by Chairman, President and CEO Jeffryh Quinn, develops specialty fibers, fluids and otherr performance products.
Thursday, January 5, 2012
Reinstate C-27J order for Cecil
uraa-quartely.blogspot.com
The critical need for the aircrafy by the Army and the Air Force is well but I want to explain the economic impact for Jacksonville andNortheasy Florida. To serve the original Department ofDefense 78-aircraff purchase, Alenia North America’ s proposed plant at Cecil Commerce Center will employ 300 high-wage aircraft workers and invest more than $100 milliohn in capital investments. This has been in the planninbg stage formany months.
The groundbreaking was scheduled forApril 25, and has since been delayed due to the proposed action by the Department of and it is uncertain if or when it will take While Jacksonville’s overall unemployment rate mirrores the nation, unemployment within the census tractxs surrounding Cecil is 26.1 percent. The jobs createrd by this project will do a lot to help the economhy in the immediate Cecil Commerce Center This project is critical for the redevelopment of It is the first major success for a new manufacturinfg project we have had at Cecil since the Departmenr of Defense closed the base and tookaway 9,00p0 jobs.
In addition to the hundreds of millions of dollarx put in by the cityof Jacksonville, JEA, the Jacksonvillew Aviation Authority and the stat of Florida toward the federal government has put millions in as well as assisting the efforts to recover from the Base Realignmenft and Closure process. This project meets all the requirements of the Departmen of Defense for the current and future needs of the the existing unmet needs ofour state’sw National Guard forces for airlift capacity to respond to naturalp disasters and other and President Obama’s administration’s objective for high job development shovel-ready, and previously approved at state and local government levels.
For the Departmenrt of Defense to propose to cut this projectt at this time does notmake sense. We as a communitg respectfully request the Joint Cargo Aircraft prograkm befully reinstated.
The critical need for the aircrafy by the Army and the Air Force is well but I want to explain the economic impact for Jacksonville andNortheasy Florida. To serve the original Department ofDefense 78-aircraff purchase, Alenia North America’ s proposed plant at Cecil Commerce Center will employ 300 high-wage aircraft workers and invest more than $100 milliohn in capital investments. This has been in the planninbg stage formany months.
The groundbreaking was scheduled forApril 25, and has since been delayed due to the proposed action by the Department of and it is uncertain if or when it will take While Jacksonville’s overall unemployment rate mirrores the nation, unemployment within the census tractxs surrounding Cecil is 26.1 percent. The jobs createrd by this project will do a lot to help the economhy in the immediate Cecil Commerce Center This project is critical for the redevelopment of It is the first major success for a new manufacturinfg project we have had at Cecil since the Departmenr of Defense closed the base and tookaway 9,00p0 jobs.
In addition to the hundreds of millions of dollarx put in by the cityof Jacksonville, JEA, the Jacksonvillew Aviation Authority and the stat of Florida toward the federal government has put millions in as well as assisting the efforts to recover from the Base Realignmenft and Closure process. This project meets all the requirements of the Departmen of Defense for the current and future needs of the the existing unmet needs ofour state’sw National Guard forces for airlift capacity to respond to naturalp disasters and other and President Obama’s administration’s objective for high job development shovel-ready, and previously approved at state and local government levels.
For the Departmenrt of Defense to propose to cut this projectt at this time does notmake sense. We as a communitg respectfully request the Joint Cargo Aircraft prograkm befully reinstated.
Tuesday, January 3, 2012
Man Charged for Failing to do Repair Work - Patch.com
srikanth-topic.blogspot.com
Man Charged for Failing to do Repair Work Patch.com Glenn Ford, 44, of 24 Industrial Way, Atikinson, was charged with theft by deception and theft by unauthorized taking. According to police, Ford was arrested after an investigation based on a complaint from a Merrimack resident who says they paid Ford ... |
Sunday, January 1, 2012
On eve of signing deadline, Ritter OKs bills for truckers, movies, restaurants - Triangle Business Journal:
bertayfybuqutyp.blogspot.com
But economic developers and investors must continu to wait to see if the governod will come to their aidbefore Friday’as deadline to sign or veto legislation. Ritter begahn the day at the Alliance for Sustainable Colorado Centere indowntown Denver, signing three bills that he said will continuer to build the state’s “New Energy Economy.” Housw Bill 1298, sponsored by Reps. Buffie D-Pueblo West, and Cory R-Yuma, lets trucking companies get 25 percent reimbursemeng of the cost of buying andinstallingh fuel-efficient technologies and emission-control devices.
More importantly, McFadyem said, it prorates salesw tax on trucking equipment basef on the percentage of miles companieas drive in Colorado and it allows truckers finallgy to take advantageof enterprise-zone tax “This bill is so incredibly important to the industry, not only for the environmeny but for the survival of truckers that are in she said while tearing up at the signing. Houses Bill 1331, sponsored by Rep. Sara D-Arvada, expands the pool of vehicles eligiblefor alternative-fuel tax creditd to include those that run on cleaner-burning natural gas. It also eliminatesa eligibility for some hybrid vehicles that are not saidsponsoring Sen. Betty Boyd, D-Lakewood.
Ritter noted that the Coloradoo Oil and Gas Association and the nonprofir group Environment Colorado both supportedthe measure. “If COGA and Environmeny Colorado agree, it has to be a greag bill,” he said. And Senate Bill 75, championef by the company Aspen Electric Cars and allows drivers tooperate low-speed electric vehiclex on most roads with speed limitzs of 35 mph or lower. From Ritter went to the offices in Denver and signee a measureto re-establish the Colorado Officd of Film, Television and Media. House Bill sponsored by Rep. Tom Massey, R-Ponchaw Springs, and former Rep.
Anne McGihon, D-Denver, allows the office to solicit gifts and donations to offer incentives to producersz to make films inthe state. “I believe this move signalsa that Colorado is becoming seriouas about attracting production to the state once saidKevin Shand, executive director of the Coloradoi Film Commission. “By becoming part of the stateeonce again, the film officee will once again have resource s to market Colorado effectively and help expandd our economic development efforts in a new and different Finally, Ritter returned to his Capito office to sign nine separate bills, including measurea to help the restaurant and broadband industries.
Senats Bill 121, sponsored by Sen. Al R-Hayden, eliminates the sales and use tax restaurante must pay when offering freeor reduced-price mealxs to employees. Senate Bill 162, sponsored by Sen. Gail D-Snowmass Village, requires the Office of Information Technologyy to create a map of where broadbancd technology is available and not availabler inthe state. Ritter has not announced his intentions on at leastt two bills being watched closely by thebusineses community, however. One is Senate Bill 173, whichh would allow local governmentes to work with the state Economid Development Commission to offer incentives to attract andbuilde tourism-generating projects.
The bill is considered key to landing either of twopotential auto-racetrack projects east of Aurora. The other is Houser Bill 1366, which limits the Colorado-sourcde capital gains subtraction to thefirsf $100,000 of gains on assets held for five years or more. If signed, the bill would generater $15.8 million to help balance the
But economic developers and investors must continu to wait to see if the governod will come to their aidbefore Friday’as deadline to sign or veto legislation. Ritter begahn the day at the Alliance for Sustainable Colorado Centere indowntown Denver, signing three bills that he said will continuer to build the state’s “New Energy Economy.” Housw Bill 1298, sponsored by Reps. Buffie D-Pueblo West, and Cory R-Yuma, lets trucking companies get 25 percent reimbursemeng of the cost of buying andinstallingh fuel-efficient technologies and emission-control devices.
More importantly, McFadyem said, it prorates salesw tax on trucking equipment basef on the percentage of miles companieas drive in Colorado and it allows truckers finallgy to take advantageof enterprise-zone tax “This bill is so incredibly important to the industry, not only for the environmeny but for the survival of truckers that are in she said while tearing up at the signing. Houses Bill 1331, sponsored by Rep. Sara D-Arvada, expands the pool of vehicles eligiblefor alternative-fuel tax creditd to include those that run on cleaner-burning natural gas. It also eliminatesa eligibility for some hybrid vehicles that are not saidsponsoring Sen. Betty Boyd, D-Lakewood.
Ritter noted that the Coloradoo Oil and Gas Association and the nonprofir group Environment Colorado both supportedthe measure. “If COGA and Environmeny Colorado agree, it has to be a greag bill,” he said. And Senate Bill 75, championef by the company Aspen Electric Cars and allows drivers tooperate low-speed electric vehiclex on most roads with speed limitzs of 35 mph or lower. From Ritter went to the offices in Denver and signee a measureto re-establish the Colorado Officd of Film, Television and Media. House Bill sponsored by Rep. Tom Massey, R-Ponchaw Springs, and former Rep.
Anne McGihon, D-Denver, allows the office to solicit gifts and donations to offer incentives to producersz to make films inthe state. “I believe this move signalsa that Colorado is becoming seriouas about attracting production to the state once saidKevin Shand, executive director of the Coloradoi Film Commission. “By becoming part of the stateeonce again, the film officee will once again have resource s to market Colorado effectively and help expandd our economic development efforts in a new and different Finally, Ritter returned to his Capito office to sign nine separate bills, including measurea to help the restaurant and broadband industries.
Senats Bill 121, sponsored by Sen. Al R-Hayden, eliminates the sales and use tax restaurante must pay when offering freeor reduced-price mealxs to employees. Senate Bill 162, sponsored by Sen. Gail D-Snowmass Village, requires the Office of Information Technologyy to create a map of where broadbancd technology is available and not availabler inthe state. Ritter has not announced his intentions on at leastt two bills being watched closely by thebusineses community, however. One is Senate Bill 173, whichh would allow local governmentes to work with the state Economid Development Commission to offer incentives to attract andbuilde tourism-generating projects.
The bill is considered key to landing either of twopotential auto-racetrack projects east of Aurora. The other is Houser Bill 1366, which limits the Colorado-sourcde capital gains subtraction to thefirsf $100,000 of gains on assets held for five years or more. If signed, the bill would generater $15.8 million to help balance the
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