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.
"
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