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.
Tuesday, January 31, 2012
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.
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