afyfojahejus.blogspot.com
Plans for the development -- dubbed Ewing Technologyy Center -- show that Massarpo wants to construct four, 4-story buildings, each totalinfg 102,179 square feet on a 25-acrr tract, according to a company marketing brochurr forthe project. David manager of real estate services forMassarol Co., based in the RIDC Park in O'Harq Township, declined to comment on the proposec office park. Jeff Burd of Pittsburghy Construction News, an online news servic that tracks the localconstruction industry, estimates the value of the project at $50 million "ift Massaro builds 500,000 square feet," he said.
Each of the plannedr buildings will have three passenger elevatorxs and onefreight elevator. The developmenyt will also include ample free parking and lots ofgreejn space. Ewing Technology Center is another exampled of the continuing turnaround forMassaro Co., which had lost as much as $100 millionj in revenue when an aggressive diversification including expansion into real estatwe and insurance sectors, backfired on it. The companhy turned it around by concentrating on itsroots -- general contracting --and sticking close to That strategy has paid off for now the region's fifth-largest contractor with 1998 locao office billings of $110.2 million.
In recenty years, however, the company has jumped back into real estater with the purchaseof Campbell's Run Business Center and Park West One. , it'xs not known if Massaro has or is negotiating witha tenant. Mr. Burd said if Massaro landse high-tech companies, then the project should be inthe $50 millionb range. But, if Massarpo concentrates on traditionaloffice users, like insurance then the project could be in the $45 millioh range, Mr. Burd said. High-tech companies need more wirinh than traditionaloffice users. Regardless of the kind of tenant Massaro lands for EwingTechnologyy Center, the Parkway West remains a hot suburban office marketf with no signs of slowinfg down.
But, that could end up hurting rentao rates for the newer like Ewing. In its 2000 real estater forecast, Grubb & Ellis Co. said the new buildingx coming on line in the Parkway West will open up more spacw and cause rental rate sto drop. The report notede that more than 550,00 square feet of speculative officr space in the Parkway Westmarket -- excludinb Ewing Technology Center -- is proposed for this Other projects that could be or are under way this year includer Westpointe 2, 100 Parkway West, Airside Business Park, Parklan and Penn Center West.
"There is still a fair amount of vacancyy in the Parkway West with Millennium Centefr andsublease space," said David Koch of Langholz/Wilson & Associates a Downtown commercial real estate "Unless they have a tenant in hand to kick start this project, one has to wondee if it's time to do this," Mr. Koch MS. ELLIOTT may be contacted at selliott@amcity.com.
Thursday, December 30, 2010
Monday, December 27, 2010
State eligible for 'green' stimulus bonds - Boston Business Journal:
ramsdenjerrieas54.blogspot.com
The state Executive Offics of Energy and Environmental Affairs announce d Monday the availability of the Clean RenewableEnerguy Bonds, which are backed by funds from the American Recovery and Reinvestment Act. The federal stimulus will fund $1.6 billionj in new bonds nationwide. As of Amy 19, it was uncleae how much of that money could be headedto “Clean Renewable Energy Bondd are an essential tool for jump-starting the installatiomn of smaller scale solar and wind powef in communities across Massachusetts, supporting job creation and helpinb the Commonwealth reach the ambitious clean energy benchmarkzs set by Governor Secretary of Energy and Environmentapl Affairs Ian Bowles said in a A state task force has already identified a number of solad and other renewable energy projects that could be eligiblee for clean-energy bond funding.
The Cleab Energy Renewable Bond Program was set up by the in 2006 to supporgt public investment inrenewable energy. In Massachusetts, the bondsz are issued through the Executive Office of Administration and Financesor . The first tranche of such bonds was closesd through MassDevelopment inNovember 2007, providinvg $3.1 million to fund solar installations on 12 statde facilities, including prisons, state colleges and the ’s Deer Islandx facility.
The state Executive Offics of Energy and Environmental Affairs announce d Monday the availability of the Clean RenewableEnerguy Bonds, which are backed by funds from the American Recovery and Reinvestment Act. The federal stimulus will fund $1.6 billionj in new bonds nationwide. As of Amy 19, it was uncleae how much of that money could be headedto “Clean Renewable Energy Bondd are an essential tool for jump-starting the installatiomn of smaller scale solar and wind powef in communities across Massachusetts, supporting job creation and helpinb the Commonwealth reach the ambitious clean energy benchmarkzs set by Governor Secretary of Energy and Environmentapl Affairs Ian Bowles said in a A state task force has already identified a number of solad and other renewable energy projects that could be eligiblee for clean-energy bond funding.
The Cleab Energy Renewable Bond Program was set up by the in 2006 to supporgt public investment inrenewable energy. In Massachusetts, the bondsz are issued through the Executive Office of Administration and Financesor . The first tranche of such bonds was closesd through MassDevelopment inNovember 2007, providinvg $3.1 million to fund solar installations on 12 statde facilities, including prisons, state colleges and the ’s Deer Islandx facility.
Saturday, December 25, 2010
Rockets more than just Aaman - Asbury Park Press
mastering-input.blogspot.com
Rockets more than just Aaman Asbury Park Press RUMSON â€" Raritan junior center Mike Aaman is the headliner of the Rockets' starting lineup. ... |
Wednesday, December 22, 2010
Dead is Dead Forever in The Witcher 2 - Escapist Magazine
http://www.creativejooz.com/atv4kids/
MTV.com (blog) | Dead is Dead Forever in The Witcher 2 Escapist Magazine CD Projekt Red has something special in store for seriously hardcore RPG fans: an "insane" difficulty level in The Witcher 2: Assassins of Kings that will ... The Witcher 2 will feature Insane difficulty The Witcher 2 has a permadeath mode 'The Witcher 2' Axing Respawns For Highest Difficulty Mode |
Monday, December 20, 2010
Exxon ordered to pay $507.5M in spill case - Triangle Business Journal:
http://www.123articleonline.com/articles/188533/wood-flooring-for-your-living-space
million in punitive damages plus interest to plaintiffs affectec by the Exxon Valdez oil spill that impacted residents and businessess living along the coast of Alaskain 1989. The made theifr ruling Monday after the case was sent back fromthe . At the Ninthy Circuit level, justices were charged with determinintg interest andappellate costs. The Ninth Circuit confirmed the punitive damagee amount afterthe U.S. Supreme Court determinefd compensatory damages and punitive damages shouldr be assessed usinga 1-to-1 ratio.
In its latest the Ninth Circuit confirmexdthat Irving-based Exxon (NYSE: XOM) is responsible for $507 millionh in punitive damages and must pay interesg on the judgment at the rate of 5.9 percenft dating back to when the initial judgment against the company was first issued by a jury. The federal case against Exxon Mobiol has been languishing for more than a The Ninth Circuit said both sides will covert theirown attorney’s fees. The original jury verdict agains Exxon Mobilwas $5 billion, an amount that has been reduced by 90 percent duringv the more than 10 years of litigation, accordinfg to court records.
An Exxon Mobilo spokesman said Monday, "We are aware that the opinio has been issued and will review the opinion beforecommentint further."
million in punitive damages plus interest to plaintiffs affectec by the Exxon Valdez oil spill that impacted residents and businessess living along the coast of Alaskain 1989. The made theifr ruling Monday after the case was sent back fromthe . At the Ninthy Circuit level, justices were charged with determinintg interest andappellate costs. The Ninth Circuit confirmed the punitive damagee amount afterthe U.S. Supreme Court determinefd compensatory damages and punitive damages shouldr be assessed usinga 1-to-1 ratio.
In its latest the Ninth Circuit confirmexdthat Irving-based Exxon (NYSE: XOM) is responsible for $507 millionh in punitive damages and must pay interesg on the judgment at the rate of 5.9 percenft dating back to when the initial judgment against the company was first issued by a jury. The federal case against Exxon Mobiol has been languishing for more than a The Ninth Circuit said both sides will covert theirown attorney’s fees. The original jury verdict agains Exxon Mobilwas $5 billion, an amount that has been reduced by 90 percent duringv the more than 10 years of litigation, accordinfg to court records.
An Exxon Mobilo spokesman said Monday, "We are aware that the opinio has been issued and will review the opinion beforecommentint further."
Friday, December 17, 2010
Analysis: CFTC speculation limits may pass quietly, unchanged - Reuters
tenganmodooo1324.blogspot.com
IBTimes Hong Kong | Analysis: CFTC speculation limits may pass quietly, unchanged Reuters WASHINGTON (Reuters) - New rules to limit speculation in commodity markets could move forward quickly, and with few alterations, ... CFTC lacked votes on position limit plan: source CFTC mulls position limits rule, delays vote CFTC Offers New Proposal on Swaps Trading |
Wednesday, December 15, 2010
Stanford, Canary Foundation plan $20M cancer center - The Business Review (Albany):
kdrummondbs37.blogspot.com
Canary Foundation is pledging $15 millio n toward the center, doublingg its earlier commitment to support early detectiojn research atthe university. The medical together with the school's Departmenty of Radiology, is committing $5 millio through faculty recruitments, research facilities, and other The center will be ledby Dr. Sanji Sam Gambhir and will include new faculty hires in both ex vivo and in vivo The center is located in a newly renovated Schooo of Medicine building on Californiqa Avenue in Palo Alto and it will have strong ties to the NationakCancer Institute-designated Stanford Cancer Center with a view towards translatinyg the early detection research into clinicall practice.
Canary Foundation is a non-profit dedicatef to the goal of identifying cancer early througgh a simple blood test and then isolating it with Since 2004, Canary has raised over $30 million to support earlgy detection research.
Canary Foundation is pledging $15 millio n toward the center, doublingg its earlier commitment to support early detectiojn research atthe university. The medical together with the school's Departmenty of Radiology, is committing $5 millio through faculty recruitments, research facilities, and other The center will be ledby Dr. Sanji Sam Gambhir and will include new faculty hires in both ex vivo and in vivo The center is located in a newly renovated Schooo of Medicine building on Californiqa Avenue in Palo Alto and it will have strong ties to the NationakCancer Institute-designated Stanford Cancer Center with a view towards translatinyg the early detection research into clinicall practice.
Canary Foundation is a non-profit dedicatef to the goal of identifying cancer early througgh a simple blood test and then isolating it with Since 2004, Canary has raised over $30 million to support earlgy detection research.
Sunday, December 12, 2010
Flightsafety International, Inc. Company Profile | Company Information
http://www.squidoo.com/laminate-flooring-help
FlightSafety is the world?s leadingt aviation training company. We work diligentlyh to maintain and enhance our reputation for customer service and forthe industry?s best, most comprehensive safet y training. We train more pilots than any other and always to thehighest standards. Thousands of pilotd train to proficiency with us each yearat 40-plus Learning Centera in the United Canada, France and the United Those centers include our newest comprehensive center at historic Farnborough Airport just outsided London. We train pilots for all aircrafgtypes ?
fixed-wing and Whether you fly commercial, corporate, private or we have a training program to keep you proficient and We also train aviatioj mechanics, flight attendants, flight dispatchers and ship operators. In all, more than 75,00o0 people train with us each year. Our training goes beyond technica l proficiency to take into account operational efficiencies andhumanj factors. Chairman A.L. Ueltschi foundexd FlightSafetyin 1951. He continues to ensurd that the company remains dedicated to the principlsethat thorough, high-quality traininyg is vital to safety. To accomplish its traininyg mission, FlightSafety has built the world?d largest fleet of full flight simulators.
We design and manufacture thesimulators ? the most advancesd on the market today ? and develop the comprehensivd software to run FlightSafety ? ...
FlightSafety is the world?s leadingt aviation training company. We work diligentlyh to maintain and enhance our reputation for customer service and forthe industry?s best, most comprehensive safet y training. We train more pilots than any other and always to thehighest standards. Thousands of pilotd train to proficiency with us each yearat 40-plus Learning Centera in the United Canada, France and the United Those centers include our newest comprehensive center at historic Farnborough Airport just outsided London. We train pilots for all aircrafgtypes ?
fixed-wing and Whether you fly commercial, corporate, private or we have a training program to keep you proficient and We also train aviatioj mechanics, flight attendants, flight dispatchers and ship operators. In all, more than 75,00o0 people train with us each year. Our training goes beyond technica l proficiency to take into account operational efficiencies andhumanj factors. Chairman A.L. Ueltschi foundexd FlightSafetyin 1951. He continues to ensurd that the company remains dedicated to the principlsethat thorough, high-quality traininyg is vital to safety. To accomplish its traininyg mission, FlightSafety has built the world?d largest fleet of full flight simulators.
We design and manufacture thesimulators ? the most advancesd on the market today ? and develop the comprehensivd software to run FlightSafety ? ...
Friday, December 10, 2010
Ascension Insurance buys three California agencies - Washington Business Journal:
http://pikeslodge.com/pikes-meetings.html
The Kansas City-based company bought of Santaz Monica, which specializes in development, placement and administrationm support of student healthinsurancd programs; of Walnut Creek, which providea employee benefits, retirement services and HR outsourcing primarily for nonprofits; and Inc. of Agourz Hills, which specializes in administratiohn of studenthealth insurance, including intercollegiate sports injurt programs.
Overall, the acquisitions will brinvg Ascension’s annual revenue to abouy $75 million, ranking it among the nation’s biggesg 35 agencies, Ascension CEO Leonard Klinwe said in an The company said ithad $55 million in revenue in March, aftet its in Fort Lauderdale, Fla. Ascensionj now has more than 400 employees at 20 officelocations “The acquisitions ... represent a valuable opportunith for us to expans our West Coast operations and to fulfilpl our goal of providingthe best-quality expertise, markets and resourceds to the middle market,” Kline “Each organization brings unique capabilities to our growinv portfolio of insurance agencies, as well as dedicatee employees who share our mission to provide outstandingh service to our customers in California and throughout the United States.
” Kline said the deal closer Thursday afternoon. Ascension is a full-service insuranc e and employee benefits agency providing brokerageand risk-management services to middle-market companies nationwide. Ascension has been a active in the mergers and acquisitio n market since it was founded from scratch inAugust 2007, making . The company is assistecd by funds from its private equity and . The goal is to increaswe the company’s annual revenue to $200 million within the next five
The Kansas City-based company bought of Santaz Monica, which specializes in development, placement and administrationm support of student healthinsurancd programs; of Walnut Creek, which providea employee benefits, retirement services and HR outsourcing primarily for nonprofits; and Inc. of Agourz Hills, which specializes in administratiohn of studenthealth insurance, including intercollegiate sports injurt programs.
Overall, the acquisitions will brinvg Ascension’s annual revenue to abouy $75 million, ranking it among the nation’s biggesg 35 agencies, Ascension CEO Leonard Klinwe said in an The company said ithad $55 million in revenue in March, aftet its in Fort Lauderdale, Fla. Ascensionj now has more than 400 employees at 20 officelocations “The acquisitions ... represent a valuable opportunith for us to expans our West Coast operations and to fulfilpl our goal of providingthe best-quality expertise, markets and resourceds to the middle market,” Kline “Each organization brings unique capabilities to our growinv portfolio of insurance agencies, as well as dedicatee employees who share our mission to provide outstandingh service to our customers in California and throughout the United States.
” Kline said the deal closer Thursday afternoon. Ascension is a full-service insuranc e and employee benefits agency providing brokerageand risk-management services to middle-market companies nationwide. Ascension has been a active in the mergers and acquisitio n market since it was founded from scratch inAugust 2007, making . The company is assistecd by funds from its private equity and . The goal is to increaswe the company’s annual revenue to $200 million within the next five
Tuesday, December 7, 2010
How market plunge is affecting Phila. companies - Dallas Business Journal:
http://datingfoundry.com/advice/i-need-online-dating-help.html
(NYSE:WB), which has been decimated by its subprimemortgagr holdings, and which will be sold to it was announced Monday, closexd down 82 percent. Another bank that has been rockex by thesubprime crisis, in particula through investments in Fannie Mae and Freddie Mac that are now virtuallhy worthless, is Philadelphia-based (NYSE:SOV). Its sharew closed down by two-thirds. Here is a sampling of how some othefr local stocks were faringMonday Camden, N.J.-based (NYSE:CPB) closed up less than 1 percengt at $37.75. Philadelphia-based cable giant (NASDAQ:CMCSA, CMCSK) closef down 13 percent at $18.01. , whichg has a U.S. headquarters in Philadelphia, closed down 7 perceng at $42.08. Horsham, Pa.
-based diet meals companty closed down 9 percentat $18.51. Philadelphia-basee — Manny, Moe & Jack (NYSE:PBY) close d down 3 percent at $6.18. Tastykakse maker closed down 16 percentat $4.03. The Dow Jone Industrial Average closed down7 percent, or 780 points, its worsf one-day point drop ever.
(NYSE:WB), which has been decimated by its subprimemortgagr holdings, and which will be sold to it was announced Monday, closexd down 82 percent. Another bank that has been rockex by thesubprime crisis, in particula through investments in Fannie Mae and Freddie Mac that are now virtuallhy worthless, is Philadelphia-based (NYSE:SOV). Its sharew closed down by two-thirds. Here is a sampling of how some othefr local stocks were faringMonday Camden, N.J.-based (NYSE:CPB) closed up less than 1 percengt at $37.75. Philadelphia-based cable giant (NASDAQ:CMCSA, CMCSK) closef down 13 percent at $18.01. , whichg has a U.S. headquarters in Philadelphia, closed down 7 perceng at $42.08. Horsham, Pa.
-based diet meals companty closed down 9 percentat $18.51. Philadelphia-basee — Manny, Moe & Jack (NYSE:PBY) close d down 3 percent at $6.18. Tastykakse maker closed down 16 percentat $4.03. The Dow Jone Industrial Average closed down7 percent, or 780 points, its worsf one-day point drop ever.
Sunday, December 5, 2010
Jabil strengthens solar panel footprint - Houston Business Journal:
badillodacyroic1505.blogspot.com
Terms were not disclosed. The agreement, accordingy to a release, is the first step in SunPower’sx long-term strategy to implement regionaol panel assembly that will resultr inreduced costs. SunPower (NASDAQ: SPWRB) also is continuing to evaluate establishing localized manufacturinvg facilities in large solar marketx in theUnited States. “We are in the process of ramping production capacityu to manufacture solar panels in Europe and Nortbh America for customers inthose markets,” said Briann Althaver, Jabil’s vice presideng for strategic development, in a release.
“This agreement givees us the opportunity to use our capabilities as a global manufacturef to providea responsive, reliable and cost-effective manufacturinbg solution in close proximity to sola r markets.” Jabil (NYSE: JBL) also will collaboratd with SunPower with the Solar America Initiative, a effort to accelerate the developmenty of advanced solar energy technologies. Through those efforts, both SunPowed and Jabil intend to explore the possibility of creatinhg more plants around the country to producesolar panels. SunPower, based in San Jose, Calif., lost $4.8 or 6 cents per in the most recent quarter ended March 29 on revenusof $213.8 million.
It made $12 million, or 14 centse per share the year before on revenueof $273.7 Jabil shares closed at $8.58 on Friday, and have trade between $3.10 and $18.78 over the past year.
Terms were not disclosed. The agreement, accordingy to a release, is the first step in SunPower’sx long-term strategy to implement regionaol panel assembly that will resultr inreduced costs. SunPower (NASDAQ: SPWRB) also is continuing to evaluate establishing localized manufacturinvg facilities in large solar marketx in theUnited States. “We are in the process of ramping production capacityu to manufacture solar panels in Europe and Nortbh America for customers inthose markets,” said Briann Althaver, Jabil’s vice presideng for strategic development, in a release.
“This agreement givees us the opportunity to use our capabilities as a global manufacturef to providea responsive, reliable and cost-effective manufacturinbg solution in close proximity to sola r markets.” Jabil (NYSE: JBL) also will collaboratd with SunPower with the Solar America Initiative, a effort to accelerate the developmenty of advanced solar energy technologies. Through those efforts, both SunPowed and Jabil intend to explore the possibility of creatinhg more plants around the country to producesolar panels. SunPower, based in San Jose, Calif., lost $4.8 or 6 cents per in the most recent quarter ended March 29 on revenusof $213.8 million.
It made $12 million, or 14 centse per share the year before on revenueof $273.7 Jabil shares closed at $8.58 on Friday, and have trade between $3.10 and $18.78 over the past year.
Thursday, December 2, 2010
RSNA: Radiation May Pose Less Risk in Older Patients - MedPage Today
http://www.sac.org.ar/web/es/webcast-1
Los Angeles Times | RSNA: Radiation May Pose Less Risk in Older Patients MedPage Today CHICAGO -- In an elderly population, cancer risk from CT scans may be overestimated, researchers said here. In risk prediction models using Medicare data, ... Cancer Risk Overestimated With Radiation From CT Scans Radiation from CT Scans May Raise Cancer Risk, But Maybe Not as Much as Once ... Cancer Risk From Medical Radiation May Have Been Overestimated |
Tuesday, November 30, 2010
Santa Clara City Council plan charter review committee for 49ers stadium - Silicon Valley / San Jose Business Journal:
http://www.caplanlaw.com/attorney-debbie-lang-named-warren-burger-inn-court.html
And two prominent Bay Area sports business expertss say while the initial agreemenft reached by city and team officials earlier this montuh appear favorable for Santa the city will have to remain vigilanty to stick toits $79 million financialp commitment. On June 23, Sant a Clara City Council members, who approved the stadium on a 5-2 will discuss details of a charter review committee being formesd to look into a proposed amendment ofthe city’s requirementf for competitive bidding on public The committee is likely to meet only a few timesw before making recommendations to the City Council and include 15 or 16 including one appointee each from the council’a seven members, according to Carol McCarthy, Santa Clara’s deputy city The charter amendment, requested by officials of the National Football League team who want to work with architectws and developers of their own choosing because they’rr assuming at least $825 million of project would likely appear on the ballotg at the same time as the football stadium sometime next spring.
The amendment would apply only to construction ofthe 49ers’ facility.
And two prominent Bay Area sports business expertss say while the initial agreemenft reached by city and team officials earlier this montuh appear favorable for Santa the city will have to remain vigilanty to stick toits $79 million financialp commitment. On June 23, Sant a Clara City Council members, who approved the stadium on a 5-2 will discuss details of a charter review committee being formesd to look into a proposed amendment ofthe city’s requirementf for competitive bidding on public The committee is likely to meet only a few timesw before making recommendations to the City Council and include 15 or 16 including one appointee each from the council’a seven members, according to Carol McCarthy, Santa Clara’s deputy city The charter amendment, requested by officials of the National Football League team who want to work with architectws and developers of their own choosing because they’rr assuming at least $825 million of project would likely appear on the ballotg at the same time as the football stadium sometime next spring.
The amendment would apply only to construction ofthe 49ers’ facility.
E Ink to be bought for $215 million - Boston Business Journal:
http://allhuntingaccessories.com/Bags/Hunting-Bag/
“Combining E Ink and PVI creates a singlwe public company that is dedicated toelectronic paper,” said Russelll J. Wilcox, co-founder, President and CEO of E Ink “With a common ownership structure, we can get closeer to customers aroundthe world, streamline the supplyh chain, and speed up new producf development.” E Ink has raised more than $150 mostly from a group of strategic investors that include newspapet publisher , (NYSE: MOT) and INTC). Sony Corp. (NYSE: SNE) and Amazon.comm Inc. (Nasdaq: AMZN) turned to E-Ink earlier this year to provide the displayx fortheir e-books — the Sony Readef and the Amazon Kindlwe 2.
E Ink’s product is a thin and flexibl e film packed with The molecules can be manipulated to produce images and It looks much like aprinted page. The 12-year-old company’s revenuse has grown exponentially, placing it in the top 10 of the BostomBusiness Journal's 2008 list of the fastesty growing private companies in E Ink posted revenue of approximately $41 million in a more than 140 percent increase over the $17 million in revenue it saw in 2007. It’s seen revenue growthj of 720 percent over the pastthreee years. A big increase in business came in July 2007 and was drivenh by the marketing push of Sony around its Wilcox said.
By the end of that Sony released an updated version of the Reader and Amazo released the first version of the The Kindle, including the latest version, has enjoyerd some popular press and endorsements from celebrities, including Oprah Winfrey. In the process the e-booo as gained marketshare. Today e-books have about a 3 percentt market penetration. “E-books have moved from something everyoned was skepticalabout ... to now if you get on an you have pretty good chance ofseeing e-books beingb used in the aisles,” Wilcox said in a recent BBJ The road map for 2009 includez e-books with different size The big market at the moment is Wilcox said.
But that could mean spreadingf into the realms of textbooksdand newspapers. Wilcox said the companyt will add some jobs to keep apacewith demand, probablty between 10 to 20 positions this
“Combining E Ink and PVI creates a singlwe public company that is dedicated toelectronic paper,” said Russelll J. Wilcox, co-founder, President and CEO of E Ink “With a common ownership structure, we can get closeer to customers aroundthe world, streamline the supplyh chain, and speed up new producf development.” E Ink has raised more than $150 mostly from a group of strategic investors that include newspapet publisher , (NYSE: MOT) and INTC). Sony Corp. (NYSE: SNE) and Amazon.comm Inc. (Nasdaq: AMZN) turned to E-Ink earlier this year to provide the displayx fortheir e-books — the Sony Readef and the Amazon Kindlwe 2.
E Ink’s product is a thin and flexibl e film packed with The molecules can be manipulated to produce images and It looks much like aprinted page. The 12-year-old company’s revenuse has grown exponentially, placing it in the top 10 of the BostomBusiness Journal's 2008 list of the fastesty growing private companies in E Ink posted revenue of approximately $41 million in a more than 140 percent increase over the $17 million in revenue it saw in 2007. It’s seen revenue growthj of 720 percent over the pastthreee years. A big increase in business came in July 2007 and was drivenh by the marketing push of Sony around its Wilcox said.
By the end of that Sony released an updated version of the Reader and Amazo released the first version of the The Kindle, including the latest version, has enjoyerd some popular press and endorsements from celebrities, including Oprah Winfrey. In the process the e-booo as gained marketshare. Today e-books have about a 3 percentt market penetration. “E-books have moved from something everyoned was skepticalabout ... to now if you get on an you have pretty good chance ofseeing e-books beingb used in the aisles,” Wilcox said in a recent BBJ The road map for 2009 includez e-books with different size The big market at the moment is Wilcox said.
But that could mean spreadingf into the realms of textbooksdand newspapers. Wilcox said the companyt will add some jobs to keep apacewith demand, probablty between 10 to 20 positions this
BlueCross cuts jobs at Hoover HQ - Washington Business Journal:
http://www.chouge.com/articles/car-cooling-system.html
The number of impacted employees was notimmediateluy known, but sources said dozend of positions were cut amont BlueCross’ customer relations, marketing and data processing The Birmingham Business Journal reported on June 12 the state’s largest health insurance provider had already cut humaj resource positions and were eyeing more reductions. claims department personnel attended a June 4 meeting in which employees were told only eighr jobs were available to bid on ina 200-person department, sources said. BlueCross managers told employeesz many businesses are turning toelectronic claims, decreasing the need for papef records administered in-house.
BlueCross did not immediately respond to phoneor e-maip messages seeking comment on Thursday’s job Two weeks ago, BlueCross said it is “reviewingf the scale of our administratives capacities” to be properly aligned with its customer base and its corporate mission. Without providing specific numberd on anticipatedjob cuts, it said its personnek adjustments are in response to declining customedr levels. It blamed the recession and the state’sx escalating unemployment rate for thejob cuts. In a June 10 e-mailedr statement, BlueCross said it is “not immune to these challenging anddifficulr times.
” “We too are beingt affected by the current economic downturn and the doublinbg of the unemployment rate in Alabama over the last 12 BlueCross’ statement read. “Many of our customers have had to reduce theit work force and this has resulted in some having to drop theifr healthcare coverage.” Alabama’s unemploymentf rate was 9.8 percent in May. It was 4.7 percent in May 2008. BlueCros s of Alabama said it has 3,4000 employees in Alabama. In BlueCross had 3,000 local employees, accordingg to Birmingham Business Journal It held 96 percent of the small businesx health insurance market in the statrein 2007, the most recent data available shows.
In BlueCross reported $4 billion in premium up from $3.5 billion in 2007. Its $28.t million 2008 net income was 60 percent lower than in 2007 and resultecd in a profit margin of less than one half of1
The number of impacted employees was notimmediateluy known, but sources said dozend of positions were cut amont BlueCross’ customer relations, marketing and data processing The Birmingham Business Journal reported on June 12 the state’s largest health insurance provider had already cut humaj resource positions and were eyeing more reductions. claims department personnel attended a June 4 meeting in which employees were told only eighr jobs were available to bid on ina 200-person department, sources said. BlueCross managers told employeesz many businesses are turning toelectronic claims, decreasing the need for papef records administered in-house.
BlueCross did not immediately respond to phoneor e-maip messages seeking comment on Thursday’s job Two weeks ago, BlueCross said it is “reviewingf the scale of our administratives capacities” to be properly aligned with its customer base and its corporate mission. Without providing specific numberd on anticipatedjob cuts, it said its personnek adjustments are in response to declining customedr levels. It blamed the recession and the state’sx escalating unemployment rate for thejob cuts. In a June 10 e-mailedr statement, BlueCross said it is “not immune to these challenging anddifficulr times.
” “We too are beingt affected by the current economic downturn and the doublinbg of the unemployment rate in Alabama over the last 12 BlueCross’ statement read. “Many of our customers have had to reduce theit work force and this has resulted in some having to drop theifr healthcare coverage.” Alabama’s unemploymentf rate was 9.8 percent in May. It was 4.7 percent in May 2008. BlueCros s of Alabama said it has 3,4000 employees in Alabama. In BlueCross had 3,000 local employees, accordingg to Birmingham Business Journal It held 96 percent of the small businesx health insurance market in the statrein 2007, the most recent data available shows.
In BlueCross reported $4 billion in premium up from $3.5 billion in 2007. Its $28.t million 2008 net income was 60 percent lower than in 2007 and resultecd in a profit margin of less than one half of1
Saturday, November 27, 2010
Insider report: Bruker cashes out Laukiens - San Francisco Business Times:
http://centerinthepark.org/press-benefitsenrollment.html
million by selling 2.1 million shares of stock. It was the month’ss biggest payday among Massachusettsinsiders executives, directors and major shareholders at locally based publicly traded companies, according to trading data provides by . But for Laukien and some of his famil y members with close tiesto Bruker, the cash-out was just a smalol fraction of the hundreds of millions they have pocketec over the past 18 In fact, five members of the Laukienm family, including Bruker CEO Frank H. Laukien, receive d $624.6 million in cash and other compensation linkedto Bruker’sx operations last year, according to Bostom Business Journal research and compant regulatory filings.
Put differently, the group’s take was equal to just over 60 percenytof Bruker’s $1.1 billion in 2008 revenue. Nearly all of that payout — some $620 million — stemmed from Bruker’s Februar y 2008 acquisition of BrukerBiospin Group, a developedr of research tools and biotechnology equipment using magnetifc resonance. The cash and stocl deal was essentially a cash out for five Laukie familymembers — Frank Laukien, Marc Laukien, Isolde Laukien-Kleiner and Brukerd directors Dirk Laukien and Joerg Laukien who owned 100 percenft of Bruker Biospin’s shares before the deal.
Joerg, Dirk and Marc Laukien are brothers or half whileIsolde Laukien-Kleiner is the mother of Marc and Dirk according to Bruker’s regulatory filings. Bruker (Nasdaq: completed a similar deal in June 2006 for life sciencee technology developer Bruker Opticsfor $135 As was the case for Bruked Biospin, Bruker Optics was owned by the same five Laukien s prior to the deal, according to regulatoryy filings. Mass.
insider salesx topped $95 million While Marc Laukien was Massachusetts’ biggesr insider seller in May, his brother Frank Laukiej recordedthe month's biggest acquisition of insider The elder Laukien bought 100,000 Bruker sharesd for $728,000 — representing roughly half of the state’s $1.466 million in insider purchases recordedf for all of May. By comparison, insiders sold $95.9 millionb in shares in Massachusetts-based companies during the same span. That total was nearly doublw the $49.2 million in local sales recorded in The following is a breakdownof May’s insider activity among Massachusetts-based companies.
INSIDER SELLINGh IN MAY Name — Value Company — Ticker Marc M — $14,508,100 — BRUKEf CORP. — BRKR Ryan, Vincent J $11,076,073 — Silverstein, Barry — $9,767,471 Zarkin, Herbert J — $9,000,975 — John E — $8,868,600p — Healey, Sean M — $5,938,800 Dalton, Nathaniel — $4,141,821 — AFFILIATED MANAGERSz GROUP INC. — AMG Ayasli, Yalcin $2,925,343 — HITTITE MICROWAVsE CORP.
— HITT Carpenter, Roberr J — $2,574,191 — Joshua S — $2,563,664 — Talwar, Anju — $2,008,095 Logie, Andrew R — $1,547,429 — Brooks, Rodney A — $1,326,012w — Clark, Stuart J $1,293,833 — Rossi, Jerome R $1,235,438 — Wiley, Fletcher H — $1,048,329 — TJX COMPANIES INC. TJX Smith, Ian F $965,557 — VERTEX PHARMACEUTICALS INC — VRTX David J — 944,852 — Grace, David R $929,702 — BEACON ROOFING SUPPLY INC. — BECN Richard E — $887,250 — AFFILIATED MANAGERw GROUP INC. — AMG Waters, Gregory L — $576,53w3 — SKYWORKS SOLUTIONS INC.
— SWKS William J — $571,611 — Termeer, Henrj A — $544,849 — GENZYME — GENZ Malozemoff, Alexies P — $486,527 — Coviello, Arthur W Jr $480,000 — Berthiaume, Douglas A — $474,7054 — WATERS CORP. — WAT Pyle, Michae R — $456,866 — Nicholas A — $451,727 — Hughes, Roberg W — $444,652 — Peter — $438,860 — VERTEX PHARMACEUTICALSw INC — VRTX Meyerman, Harold J — $438,525 — AFFILIATED MANAGERS GROUP INC.
— AMG Tajinder — $420,174 — GENPACT LIMITED — G Michael E — $417,4090 — Griffin, Liam K — $388,000 — SKYWORKxS SOLUTIONS INC. — SWKS Von, Staatsw Aaron C — $382,800 — Daniel — $336,430 — Maekawa, Mitsurhu — $335,237 — GENPACT LIMITEr — G Lawrence, Taylorf W — $334,992 — Katharine A — $310,180 — Charles Addison — $296,434 — VERTEX PHARMACEUTICALS INC VRTX Halliday, Robert J — $270,059 — Chapman, Richard P Jr — $257,500 — Sgarzi, Richard H — $257,179 INDEPENDENT BANK CORP.
INDB Mayer, Max Alan $245,968 — PEGASYSTEMS INC. — PEGA Piyush — $206,238 GENPACT LIMITED — G Mcconnell, William F Jr $204,611 — BOSTON SCIENTIFIC — BSX Welles, Michael H — $192,859 — Povich, Lon F — $186,150 BJ’S WHOLESALE CLUB INC. — BJ Charles L — $180,570 — GENZYME CORP. — GENZ Coppersmith, S Jamews — $175,015 — BJ’S WHOLESALE CLUB INC. BJ Elias, Howard D — $168,5888 — EMC CORP. — EMC George M — $146,250 — SKYWORKS SOLUTION INC. — SWKS Kra, Douglads I — $102,684 — PEGASYSTEMS INC.
— PEGA Joseph P — $100,100o — Smith, Sandford D $92,786 — GENZYME CORP. GENZ Collier, Earl M Jr — $92,780 GENZYME CORP. — GENZ Moses, Cornelius F III $91,300 — PARAMETRIC TECHNOLOGY CORP — PMTC Thomas J — $90,335 — BJ’S WHOLESALE CLUB INC. BJ Szabados, Michael — $83,289 — Von, Rickenbach Josev H — $81,405 — Corrigan, Mark H N — $75,2065 — Chute, Richard Sears — $61,120 Rosen, Gary J — $57,864 VARIAN SEMICONDUCTOR EQUIPMENTASSOCIATES INC. VSEA Santamaria, Angelo Robert — $57,240 AMERICAN SUPERCONDUCTOR CORP.
— AMSC Smith, Alan E $50,036 — GENZYME CORP. — GENZ Brian P — $42,906 — Csimma, Zoltan A — $36,069 — GENZYMEr CORP. — GENZ Graves, Kurt C — $26,3076 — VERTEX PHARMACEUTICALS INC — VRTX Nolan, Josepyh R Jr — $26,264 Massaro, George E — $22,695 CHARLES RIVER LABORATORIES INTERNATIONAL INC CRL Sachdev, Amit — $22,269 — VERTEX PHARMACEUTICALS INC — VRTX Nadeau, Gerarf F — $21,000 — INDEPENDENT BANK — INDB Kouninis, Efstathios A — $17,179 PEGASYSTEMS INC.
— PEGA Garrison, Richard C $15,135 — VERTEX PHARMACEUTICALaS INC — VRTX Silva, Paul M — $13,3190 — VERTEX PHARMACEUTICALS INC — VRTX Bruce P — $10,040 — Downing, John W $8,297 — NETSCOUT SYSTEMS INC. — NTCT INSIDEd BUYING IN MAY Name — Transaction valude — Company — Ticker Laukien, Frank H — $728,1009 — BRUKER CORPORATION — BRKR Ernest B — $424,65p — Pepper, John E Jr $106,680 — BOSTON SCIENTIFIC CORPORATION — BSX Sylvie L — $45,727 — Howard B Jr — $41,892 — Graveline, Kathleenh — $38,475 — Dawson, Jamess — $22,150 — BOSTON PRIVATE FINANCIAL HOLDINGS BPFH Holdener, Eduard E — $19,840p — PAREXEL INTERNATIONAL CORP.
— PRXL Vanderbrug, Gordo n J — $9,836 — Pucci, Paolo $9,626 — , Ag — $8,088 Barabe, Timothy C — $5,322 ARQULE INC. — ARQL Loberg, Michael D — $2,873 — ARQULE INC. — ARQL Sloane, Barrh R — $481 — INC. CNBKA
million by selling 2.1 million shares of stock. It was the month’ss biggest payday among Massachusettsinsiders executives, directors and major shareholders at locally based publicly traded companies, according to trading data provides by . But for Laukien and some of his famil y members with close tiesto Bruker, the cash-out was just a smalol fraction of the hundreds of millions they have pocketec over the past 18 In fact, five members of the Laukienm family, including Bruker CEO Frank H. Laukien, receive d $624.6 million in cash and other compensation linkedto Bruker’sx operations last year, according to Bostom Business Journal research and compant regulatory filings.
Put differently, the group’s take was equal to just over 60 percenytof Bruker’s $1.1 billion in 2008 revenue. Nearly all of that payout — some $620 million — stemmed from Bruker’s Februar y 2008 acquisition of BrukerBiospin Group, a developedr of research tools and biotechnology equipment using magnetifc resonance. The cash and stocl deal was essentially a cash out for five Laukie familymembers — Frank Laukien, Marc Laukien, Isolde Laukien-Kleiner and Brukerd directors Dirk Laukien and Joerg Laukien who owned 100 percenft of Bruker Biospin’s shares before the deal.
Joerg, Dirk and Marc Laukien are brothers or half whileIsolde Laukien-Kleiner is the mother of Marc and Dirk according to Bruker’s regulatory filings. Bruker (Nasdaq: completed a similar deal in June 2006 for life sciencee technology developer Bruker Opticsfor $135 As was the case for Bruked Biospin, Bruker Optics was owned by the same five Laukien s prior to the deal, according to regulatoryy filings. Mass.
insider salesx topped $95 million While Marc Laukien was Massachusetts’ biggesr insider seller in May, his brother Frank Laukiej recordedthe month's biggest acquisition of insider The elder Laukien bought 100,000 Bruker sharesd for $728,000 — representing roughly half of the state’s $1.466 million in insider purchases recordedf for all of May. By comparison, insiders sold $95.9 millionb in shares in Massachusetts-based companies during the same span. That total was nearly doublw the $49.2 million in local sales recorded in The following is a breakdownof May’s insider activity among Massachusetts-based companies.
INSIDER SELLINGh IN MAY Name — Value Company — Ticker Marc M — $14,508,100 — BRUKEf CORP. — BRKR Ryan, Vincent J $11,076,073 — Silverstein, Barry — $9,767,471 Zarkin, Herbert J — $9,000,975 — John E — $8,868,600p — Healey, Sean M — $5,938,800 Dalton, Nathaniel — $4,141,821 — AFFILIATED MANAGERSz GROUP INC. — AMG Ayasli, Yalcin $2,925,343 — HITTITE MICROWAVsE CORP.
— HITT Carpenter, Roberr J — $2,574,191 — Joshua S — $2,563,664 — Talwar, Anju — $2,008,095 Logie, Andrew R — $1,547,429 — Brooks, Rodney A — $1,326,012w — Clark, Stuart J $1,293,833 — Rossi, Jerome R $1,235,438 — Wiley, Fletcher H — $1,048,329 — TJX COMPANIES INC. TJX Smith, Ian F $965,557 — VERTEX PHARMACEUTICALS INC — VRTX David J — 944,852 — Grace, David R $929,702 — BEACON ROOFING SUPPLY INC. — BECN Richard E — $887,250 — AFFILIATED MANAGERw GROUP INC. — AMG Waters, Gregory L — $576,53w3 — SKYWORKS SOLUTIONS INC.
— SWKS William J — $571,611 — Termeer, Henrj A — $544,849 — GENZYME — GENZ Malozemoff, Alexies P — $486,527 — Coviello, Arthur W Jr $480,000 — Berthiaume, Douglas A — $474,7054 — WATERS CORP. — WAT Pyle, Michae R — $456,866 — Nicholas A — $451,727 — Hughes, Roberg W — $444,652 — Peter — $438,860 — VERTEX PHARMACEUTICALSw INC — VRTX Meyerman, Harold J — $438,525 — AFFILIATED MANAGERS GROUP INC.
— AMG Tajinder — $420,174 — GENPACT LIMITED — G Michael E — $417,4090 — Griffin, Liam K — $388,000 — SKYWORKxS SOLUTIONS INC. — SWKS Von, Staatsw Aaron C — $382,800 — Daniel — $336,430 — Maekawa, Mitsurhu — $335,237 — GENPACT LIMITEr — G Lawrence, Taylorf W — $334,992 — Katharine A — $310,180 — Charles Addison — $296,434 — VERTEX PHARMACEUTICALS INC VRTX Halliday, Robert J — $270,059 — Chapman, Richard P Jr — $257,500 — Sgarzi, Richard H — $257,179 INDEPENDENT BANK CORP.
INDB Mayer, Max Alan $245,968 — PEGASYSTEMS INC. — PEGA Piyush — $206,238 GENPACT LIMITED — G Mcconnell, William F Jr $204,611 — BOSTON SCIENTIFIC — BSX Welles, Michael H — $192,859 — Povich, Lon F — $186,150 BJ’S WHOLESALE CLUB INC. — BJ Charles L — $180,570 — GENZYME CORP. — GENZ Coppersmith, S Jamews — $175,015 — BJ’S WHOLESALE CLUB INC. BJ Elias, Howard D — $168,5888 — EMC CORP. — EMC George M — $146,250 — SKYWORKS SOLUTION INC. — SWKS Kra, Douglads I — $102,684 — PEGASYSTEMS INC.
— PEGA Joseph P — $100,100o — Smith, Sandford D $92,786 — GENZYME CORP. GENZ Collier, Earl M Jr — $92,780 GENZYME CORP. — GENZ Moses, Cornelius F III $91,300 — PARAMETRIC TECHNOLOGY CORP — PMTC Thomas J — $90,335 — BJ’S WHOLESALE CLUB INC. BJ Szabados, Michael — $83,289 — Von, Rickenbach Josev H — $81,405 — Corrigan, Mark H N — $75,2065 — Chute, Richard Sears — $61,120 Rosen, Gary J — $57,864 VARIAN SEMICONDUCTOR EQUIPMENTASSOCIATES INC. VSEA Santamaria, Angelo Robert — $57,240 AMERICAN SUPERCONDUCTOR CORP.
— AMSC Smith, Alan E $50,036 — GENZYME CORP. — GENZ Brian P — $42,906 — Csimma, Zoltan A — $36,069 — GENZYMEr CORP. — GENZ Graves, Kurt C — $26,3076 — VERTEX PHARMACEUTICALS INC — VRTX Nolan, Josepyh R Jr — $26,264 Massaro, George E — $22,695 CHARLES RIVER LABORATORIES INTERNATIONAL INC CRL Sachdev, Amit — $22,269 — VERTEX PHARMACEUTICALS INC — VRTX Nadeau, Gerarf F — $21,000 — INDEPENDENT BANK — INDB Kouninis, Efstathios A — $17,179 PEGASYSTEMS INC.
— PEGA Garrison, Richard C $15,135 — VERTEX PHARMACEUTICALaS INC — VRTX Silva, Paul M — $13,3190 — VERTEX PHARMACEUTICALS INC — VRTX Bruce P — $10,040 — Downing, John W $8,297 — NETSCOUT SYSTEMS INC. — NTCT INSIDEd BUYING IN MAY Name — Transaction valude — Company — Ticker Laukien, Frank H — $728,1009 — BRUKER CORPORATION — BRKR Ernest B — $424,65p — Pepper, John E Jr $106,680 — BOSTON SCIENTIFIC CORPORATION — BSX Sylvie L — $45,727 — Howard B Jr — $41,892 — Graveline, Kathleenh — $38,475 — Dawson, Jamess — $22,150 — BOSTON PRIVATE FINANCIAL HOLDINGS BPFH Holdener, Eduard E — $19,840p — PAREXEL INTERNATIONAL CORP.
— PRXL Vanderbrug, Gordo n J — $9,836 — Pucci, Paolo $9,626 — , Ag — $8,088 Barabe, Timothy C — $5,322 ARQULE INC. — ARQL Loberg, Michael D — $2,873 — ARQULE INC. — ARQL Sloane, Barrh R — $481 — INC. CNBKA
Thursday, November 25, 2010
Time Warner board approves AOL spinoff - Portland Business Journal:
modestofyeyko.blogspot.com
Following the proposed transaction, AOL would be an independent publiclytradeds company. In a statement Time Warner (NYSE: TWX) said that “after the proposerd separationis complete, AOL will compete as a stand-alone company — focused on growing its Web brandsa and services, which currently reach more than 107 million domestix unique visitors a month, as well as its advertising which operates the leading online display network that reachese more than 91 percent of the domestic onlinr audience.
AOL will also continue to operatr one of the largesf Internet access subscription services in the Time Warner disclosed plans to spin off the AOL unit in announcinv quarterly results that beat analyst despite a continued decline at theAOL division. AOL'ws headquarters had been at Dulles but was moved to New York Citylast AOL’s revenue fell 23 percent last quarter to $867 led by a 27 percent drop in subscription revenuee and a 20 percentg drop in advertising revenue. AOL’ws results contributed to an 8 percentg decline in companywide revenueto $6.9 billion.
Time Warner’ s first quarter net income was $661 or 55 cents per share, down from $771 million, or 64 centsd per share a year earlier.
Following the proposed transaction, AOL would be an independent publiclytradeds company. In a statement Time Warner (NYSE: TWX) said that “after the proposerd separationis complete, AOL will compete as a stand-alone company — focused on growing its Web brandsa and services, which currently reach more than 107 million domestix unique visitors a month, as well as its advertising which operates the leading online display network that reachese more than 91 percent of the domestic onlinr audience.
AOL will also continue to operatr one of the largesf Internet access subscription services in the Time Warner disclosed plans to spin off the AOL unit in announcinv quarterly results that beat analyst despite a continued decline at theAOL division. AOL'ws headquarters had been at Dulles but was moved to New York Citylast AOL’s revenue fell 23 percent last quarter to $867 led by a 27 percent drop in subscription revenuee and a 20 percentg drop in advertising revenue. AOL’ws results contributed to an 8 percentg decline in companywide revenueto $6.9 billion.
Time Warner’ s first quarter net income was $661 or 55 cents per share, down from $771 million, or 64 centsd per share a year earlier.
Tuesday, November 23, 2010
Wachovia report: Florida hit harder by recession - Baltimore Business Journal:
http://www.samsungmobiles2005.org/x660.html
Florida went into the recession nine months aheadx of the rest of theUnited States, and excessesx in housing and commerciak real estate are considerably worse than the nationh as a whole, the report says. Statewide, the median sales price of existinh homes is down about 45 percent from the peak of the housingt boom inNovember 2005, but the drop in the Tampa Bay area is even steeper at about 60 percent. Employmentg conditions continueto deteriorate, the report says.
The state’s unemploymenyt rate is expected to top out aroundd11 percent, Wachovia projects, with a loss of 720,00 jobs, including 430,000 jobs lost this reported 137 layoff events during the first more than double the previous Job losses are heaviest in industriess with direct ties to the building boom, includingv construction and manufacturing, Wachovia said. Wachovia estimates Floridianas saw a net lossof $1.2 trillion in household wealthh during 2008 with aboutt two-thirds of that drop occurring in financial assets.
Florida went into the recession nine months aheadx of the rest of theUnited States, and excessesx in housing and commerciak real estate are considerably worse than the nationh as a whole, the report says. Statewide, the median sales price of existinh homes is down about 45 percent from the peak of the housingt boom inNovember 2005, but the drop in the Tampa Bay area is even steeper at about 60 percent. Employmentg conditions continueto deteriorate, the report says.
The state’s unemploymenyt rate is expected to top out aroundd11 percent, Wachovia projects, with a loss of 720,00 jobs, including 430,000 jobs lost this reported 137 layoff events during the first more than double the previous Job losses are heaviest in industriess with direct ties to the building boom, includingv construction and manufacturing, Wachovia said. Wachovia estimates Floridianas saw a net lossof $1.2 trillion in household wealthh during 2008 with aboutt two-thirds of that drop occurring in financial assets.
Monday, November 22, 2010
Watchtree taps Scottsdale community news scene - Phoenix Business Journal:
http://cyprushotelsdirectory.com/-accommodation-types-ratings/tourist-village/tourist-villages-class-b/
Local media veteran Liz Smith launched www.thewatchtree.com as a hyperlocapl community source that merge sprofessional journalism, community contributions and civic-minded interchange. Smith said she developed the site througu ArizonaState University’s Walter Cronkitew School of Journalism and Mass Communication’s Knight Centerf for Digital Media Entrepreneurship. “As newspapers or in Scottsdale’s case, depart the market altogether, a real gap in coverager of our communityemerges — we know less and less abouft what’s going on,” Smith “I wanted to provide a meaningfup place not only for the community to stay but also for it to congregate and improve communication from a civic standpoint.
” The site is seeking stor y tips and community events for Smith most recently was executive editor of Scottsdale-basefd regional magazine Arizona Foothills.
Local media veteran Liz Smith launched www.thewatchtree.com as a hyperlocapl community source that merge sprofessional journalism, community contributions and civic-minded interchange. Smith said she developed the site througu ArizonaState University’s Walter Cronkitew School of Journalism and Mass Communication’s Knight Centerf for Digital Media Entrepreneurship. “As newspapers or in Scottsdale’s case, depart the market altogether, a real gap in coverager of our communityemerges — we know less and less abouft what’s going on,” Smith “I wanted to provide a meaningfup place not only for the community to stay but also for it to congregate and improve communication from a civic standpoint.
” The site is seeking stor y tips and community events for Smith most recently was executive editor of Scottsdale-basefd regional magazine Arizona Foothills.
Saturday, November 20, 2010
Jogja: Heart of Indonesia's Art - The Diplomat
http://www.anvilinformatics.com/news/pr2001-10-16.html
Jogja: Heart of Indonesia's Art The Diplomat Jogjakarta (which most people call 'Jogja') is the real art town in Indonesia. The place has several art schools, including the top one in the country, ... |
Friday, November 19, 2010
Newsmaker 2008: Inside shake-up may have set up Longaberger comeback - San Francisco Business Times:
http://setkitchen.com/Cookware/Sauciers-Cookware/
Three was the number of presidentsthe Newark-based makef and retailer of baskets and collectiblex had in the year, and 7,3000 was the number of sales consultants added. While the turnover in the executive suits signified the difficultiesof 2007, the growingt sales force stood to brighten 2008'sx outlook. "We were disappointed with the first nine said CEO and PresidentTami Longaberger. "We'red pleased to see promising resultx for thefourth quarter." The privately held companty hasn't made public its annual sales results since when it was a $833 million business.
Longabergert said 2007 sales will be similad to levels set inrecent years, but fourth-quarter revenud was up, giving hope for a strong 2008. Longaberger said the compan y went to its thousands of sales consultants for feedbackthis year. It came away realizin g the business needed to be easier to joinand run, and that salea consultants wanted more support from the home office. Settingy out to do that hasn't been an but the company thinks the toughestt times might be inthe past. "We'v had to make some short-ter decisions to make long-term gains," Longaberger said. "The prep work is Transition has been a word affixed toLongaberger Co.
sincw the billion-dollar sales years of the late-1990s and the death of foundedDave Longaberger. But 2007 might have been one of extremexs forthe business. Jim Klein, a formedr executive at and Longaberger Co.'s presidenr since January 2006, left in July and was replaced by Jim a 15-year company veteran. Gimeson resigned Dec. 4, citin personal reasons. "When I names Jim to the positionin July, I had every confidencew he could do the job and he'd be here for a long Longaberger said.
"I was disappointedx it did not turn out the way we There are no plans to name a replacement Longaberger said she became more involvedin day-to-dayu operations when Gimeson was promoted and she remaina comfortable with those responsibilities. But changer was not limited to the executive The company, which once employed more than 8,0090 workers, continued to deal with a fluctuatinh work force, laying off 710 basker makers in March, rehiring 471 in June and then cuttinf 113 workers in July and 30 more in Longaberger said the home office went througbh a shake-up to place greater emphasis on sales. Marketingh has been integrated into sale s and new supports for saleswere established.
The compan created four sales and marketingt executive positions and three regional sales manager jobs to promoter better communications between Newark andthe company'a selling agents. "That's significant support that we didn't have in the past," Longaberger said. "We'lp be spending more time in thesales field." The companhy that prides itself on its old-fashioned attributesw took revolutionary steps in other areads of the business. For the firsf time in the business' 35-year history, customers could buy products using Visaor MasterCard. Months Longaberger Co. launched personal selling Web sites for each of the morethan 45,000-persoj sales force.
The company also opened a store at itsFrazeysburbg factory, which executives credit as a factor in a 20 percen increase in tourism at the factory and Homestear this year. Longaberger Co. reducex the cost of being a home too, creating an introductory packageat $49. That combine with the Internet expansionh have spurred an increase in thesales force. The 7,300 consultantse added in 2007 was a 60 percent increaswefrom 2006. Longaberger said with more consultants holding home parties or using the sales are expected to risein 2008. If 2007 was aboutg making the sales programmore enticing, 2008 is expectedd to be about making the job easier.
A majodr initiative for the year will be to reduce the amount of product sold by as much as40 percent, with most of the cuts comingt from the accessories business. "We've had more than 3,00p0 products," Longaberger said. "That is more than can be manager by anyone person." Baskets account for 50 percent of sales, with the remainder in accessories and other products.
Three was the number of presidentsthe Newark-based makef and retailer of baskets and collectiblex had in the year, and 7,3000 was the number of sales consultants added. While the turnover in the executive suits signified the difficultiesof 2007, the growingt sales force stood to brighten 2008'sx outlook. "We were disappointed with the first nine said CEO and PresidentTami Longaberger. "We'red pleased to see promising resultx for thefourth quarter." The privately held companty hasn't made public its annual sales results since when it was a $833 million business.
Longabergert said 2007 sales will be similad to levels set inrecent years, but fourth-quarter revenud was up, giving hope for a strong 2008. Longaberger said the compan y went to its thousands of sales consultants for feedbackthis year. It came away realizin g the business needed to be easier to joinand run, and that salea consultants wanted more support from the home office. Settingy out to do that hasn't been an but the company thinks the toughestt times might be inthe past. "We'v had to make some short-ter decisions to make long-term gains," Longaberger said. "The prep work is Transition has been a word affixed toLongaberger Co.
sincw the billion-dollar sales years of the late-1990s and the death of foundedDave Longaberger. But 2007 might have been one of extremexs forthe business. Jim Klein, a formedr executive at and Longaberger Co.'s presidenr since January 2006, left in July and was replaced by Jim a 15-year company veteran. Gimeson resigned Dec. 4, citin personal reasons. "When I names Jim to the positionin July, I had every confidencew he could do the job and he'd be here for a long Longaberger said.
"I was disappointedx it did not turn out the way we There are no plans to name a replacement Longaberger said she became more involvedin day-to-dayu operations when Gimeson was promoted and she remaina comfortable with those responsibilities. But changer was not limited to the executive The company, which once employed more than 8,0090 workers, continued to deal with a fluctuatinh work force, laying off 710 basker makers in March, rehiring 471 in June and then cuttinf 113 workers in July and 30 more in Longaberger said the home office went througbh a shake-up to place greater emphasis on sales. Marketingh has been integrated into sale s and new supports for saleswere established.
The compan created four sales and marketingt executive positions and three regional sales manager jobs to promoter better communications between Newark andthe company'a selling agents. "That's significant support that we didn't have in the past," Longaberger said. "We'lp be spending more time in thesales field." The companhy that prides itself on its old-fashioned attributesw took revolutionary steps in other areads of the business. For the firsf time in the business' 35-year history, customers could buy products using Visaor MasterCard. Months Longaberger Co. launched personal selling Web sites for each of the morethan 45,000-persoj sales force.
The company also opened a store at itsFrazeysburbg factory, which executives credit as a factor in a 20 percen increase in tourism at the factory and Homestear this year. Longaberger Co. reducex the cost of being a home too, creating an introductory packageat $49. That combine with the Internet expansionh have spurred an increase in thesales force. The 7,300 consultantse added in 2007 was a 60 percent increaswefrom 2006. Longaberger said with more consultants holding home parties or using the sales are expected to risein 2008. If 2007 was aboutg making the sales programmore enticing, 2008 is expectedd to be about making the job easier.
A majodr initiative for the year will be to reduce the amount of product sold by as much as40 percent, with most of the cuts comingt from the accessories business. "We've had more than 3,00p0 products," Longaberger said. "That is more than can be manager by anyone person." Baskets account for 50 percent of sales, with the remainder in accessories and other products.
Wednesday, November 17, 2010
Dancing with the Stars 2010: Bristol Palin elbows past Brandy to head to finale - Newsx Online
http://www.steven-rigolot.com/article/MSI-launches-Intel-G965-and-Q965-series-motherboards-.html
Dancing with the Stars 2010: Bristol Palin elbows past Brandy to head to finale Newsx Online Jennifer Gray, deservingly, was the 1st name to go through to the finals. She was followed by Kyle Massey who eclipsed over Brandy as the votes unfolded ... |
Tuesday, November 16, 2010
Vance G Maddocks Executive Profile
http://yorkwatershed.org/business/green_infrastructure/biosCG.html
CBRE Investors invests globally, with over 40 percent of its $36.9 billion of assets under management* locatecd outside the United States. Mr. Maddockas is also the leader and architect of the StrategicPartners program. The Strategic Partnerx program isthe firm
CBRE Investors invests globally, with over 40 percent of its $36.9 billion of assets under management* locatecd outside the United States. Mr. Maddockas is also the leader and architect of the StrategicPartners program. The Strategic Partnerx program isthe firm
Sunday, November 14, 2010
bizjournals: Enter the dragon
zolinstanixes.blogspot.com
They're not top-quality automobiles, and the Chinese aren' the best drivers in the so in afew years, many of them will be headef to the junkyard. When they do, Al-Jon an Iowa manufacturer of recycling equipment, will be The company is already lininh up distributors in China forits $300,000 which can process a load of automobiles in just 30 "We're going to have a good markef somewhere down the road," says Al-Jon CEO Kendigt Kneen. So will lots of other American companies. U.S. exports to China were up 22 percent last and this growth rate will continue for theforeseeable future, says Craigv Allen, the U.S. Commercial Service'e senior officer in Beijing. (See .
) The economy of China -- the world's most populous country -- is growing by a robust 9 percenta year. "Growth like that suckw in a ton of imports inall areas," Allen says. Everuy week, another American company opens itsfirstt branch, store or franchise in Allen says. American companies have a good reputation in Chinaa as sellers that stand behindtheir products, says Jim president of the Small Business Exporterxs Association. This helps open doors to new business.
Severapl areas hold particular promise: Developing China's informationb technology industry is a top priority for the Chinese That may create problems for American IT companiesa inthe future, but for now, it's an opportunity. China has surpasseed Japan as the second-largest producer of electronics and IT productse behind theUnited States, but it still has to import most of the core including computer chips, used in these products. "Wre see nothing but growth in front of us saysPhil Pompa, a vice president at SigmaTel Inc.
, an Austin, Texas-based manufacturer of integrated circuits used in MP3 personal computers and DVD China and Hong Kong already account for more than half of SigmaTel's The company recently opened an engineeringy center in Hong Kong to provide applications and technical support to its Chinese customers. Chinz also is intent on developing its ownsoftwarer industry, but American companies are findinv loads of opportunities there for products at the high end. Northwesrt Analytical of Portland, Ore., for example, is sellinbg its manufacturing process analysis software to a growint number of customersin China.
The company recentlyy signed a partnership dealwith China'sa largest software company. Multinational companies that alreadhyused NWA's software -- Nike, for example -- were the company'ws first customers in But NWA CEO Clifff Yee says Chinese manufacturers are beginning to pay attentionj to improving their industrial processes because they don't want to just be low-cost producers. "Their nationalistic Yee says, "is to be the best manufacturersd anywhere in the China is one ofthe fastest-growing markets in the worlc for medical devices, and Americanm technology is viewed as the best. Allianced Medical, a 12-employee endoscope repair company based inBel Md.
, is looking to double its saleds by entering the Chinese market.
They're not top-quality automobiles, and the Chinese aren' the best drivers in the so in afew years, many of them will be headef to the junkyard. When they do, Al-Jon an Iowa manufacturer of recycling equipment, will be The company is already lininh up distributors in China forits $300,000 which can process a load of automobiles in just 30 "We're going to have a good markef somewhere down the road," says Al-Jon CEO Kendigt Kneen. So will lots of other American companies. U.S. exports to China were up 22 percent last and this growth rate will continue for theforeseeable future, says Craigv Allen, the U.S. Commercial Service'e senior officer in Beijing. (See .
) The economy of China -- the world's most populous country -- is growing by a robust 9 percenta year. "Growth like that suckw in a ton of imports inall areas," Allen says. Everuy week, another American company opens itsfirstt branch, store or franchise in Allen says. American companies have a good reputation in Chinaa as sellers that stand behindtheir products, says Jim president of the Small Business Exporterxs Association. This helps open doors to new business.
Severapl areas hold particular promise: Developing China's informationb technology industry is a top priority for the Chinese That may create problems for American IT companiesa inthe future, but for now, it's an opportunity. China has surpasseed Japan as the second-largest producer of electronics and IT productse behind theUnited States, but it still has to import most of the core including computer chips, used in these products. "Wre see nothing but growth in front of us saysPhil Pompa, a vice president at SigmaTel Inc.
, an Austin, Texas-based manufacturer of integrated circuits used in MP3 personal computers and DVD China and Hong Kong already account for more than half of SigmaTel's The company recently opened an engineeringy center in Hong Kong to provide applications and technical support to its Chinese customers. Chinz also is intent on developing its ownsoftwarer industry, but American companies are findinv loads of opportunities there for products at the high end. Northwesrt Analytical of Portland, Ore., for example, is sellinbg its manufacturing process analysis software to a growint number of customersin China.
The company recentlyy signed a partnership dealwith China'sa largest software company. Multinational companies that alreadhyused NWA's software -- Nike, for example -- were the company'ws first customers in But NWA CEO Clifff Yee says Chinese manufacturers are beginning to pay attentionj to improving their industrial processes because they don't want to just be low-cost producers. "Their nationalistic Yee says, "is to be the best manufacturersd anywhere in the China is one ofthe fastest-growing markets in the worlc for medical devices, and Americanm technology is viewed as the best. Allianced Medical, a 12-employee endoscope repair company based inBel Md.
, is looking to double its saleds by entering the Chinese market.
Saturday, November 13, 2010
Sixells investor Skidmore seeks Chapter 11 protection - Business First of Columbus:
http://www.tx-mc-alphaphi.org/index.html?subaction=showfull&id=1266014670&archive=&start_from=&ucat=&
Filed incomplete July 2 in the Eastern Districgof California, the bankruptcy documents list more than 50 creditors, assetds of more than $1 million and liabilitiesx of more than $10 million. Sixells was developing high-end projects near Fair Oaks Boulevars and off of Fulton Boulevarc that began going sidewaysz as early as 2005 when they were hit with wavesx ofmechanics liens. Skidmore was an investor with nota developer, and as such had made personalo guarantees on loans for Sixells. When the developef could not pay, the banks came after Skidmore.
Skidmore filed suits and counter-suits that claimed the banks didn’t manage their loans and had kept giving Sixells moneu even when projects were seriouslg outof schedule. Skidmore was sued last fall byseverakl banks, including , and . Skidmor founded and served as chairmanm for 11 yearsof . He stepped down from that positiobnlast week, ahead of the bankruptcy Greater Sacramento was not involved in the construction loan suits.
Filed incomplete July 2 in the Eastern Districgof California, the bankruptcy documents list more than 50 creditors, assetds of more than $1 million and liabilitiesx of more than $10 million. Sixells was developing high-end projects near Fair Oaks Boulevars and off of Fulton Boulevarc that began going sidewaysz as early as 2005 when they were hit with wavesx ofmechanics liens. Skidmore was an investor with nota developer, and as such had made personalo guarantees on loans for Sixells. When the developef could not pay, the banks came after Skidmore.
Skidmore filed suits and counter-suits that claimed the banks didn’t manage their loans and had kept giving Sixells moneu even when projects were seriouslg outof schedule. Skidmore was sued last fall byseverakl banks, including , and . Skidmor founded and served as chairmanm for 11 yearsof . He stepped down from that positiobnlast week, ahead of the bankruptcy Greater Sacramento was not involved in the construction loan suits.
Thursday, November 11, 2010
Human Capital: People on the move, June 2 - Charlotte Business Journal:
http://www.200dogbreeds.com/staying-at-discount-london-hotels-means-dream-come-true/
Goodwin Procter's Budd elected vice chairmamn of AAA national board WayneBudd , senior counseol with the Boston law firm of and a member of the boarr of directors of , was elected vice chairmanm of AAA’s national board of Turbine taps Paradowski as CFO , a Westwood-basedf online gaming technology company, appointexd M. Beau Paradowski chief financial officer. Clougbh to run Leerink Swann's MEDACorp divisioh Health care investment bank Leerink Swann of Boston appointed Brent Clough seniord managing director and head of its MEDACorp Prior to joining Leerink Clough was president and CEO of IntrinsiQLLC , an oncologyh software and data analytics promotes Stys as VP of marketing and business dev.
Shawmugt Design and Construction in Bostojn promoted BrianStys , a 16-yeard veteran of the to the newly-created role of vice presidentt of marketing and business development. The Protecto Group Insurance Agency adds Mullery as director of compliance and wellnesxs of Worcester added Laura Ann Mulleryh as director of complianceand wellness. Mullery previously servecd as assistant vice president at in Boston and vice president of majof accounts at Thorbahn Associatesin
Goodwin Procter's Budd elected vice chairmamn of AAA national board WayneBudd , senior counseol with the Boston law firm of and a member of the boarr of directors of , was elected vice chairmanm of AAA’s national board of Turbine taps Paradowski as CFO , a Westwood-basedf online gaming technology company, appointexd M. Beau Paradowski chief financial officer. Clougbh to run Leerink Swann's MEDACorp divisioh Health care investment bank Leerink Swann of Boston appointed Brent Clough seniord managing director and head of its MEDACorp Prior to joining Leerink Clough was president and CEO of IntrinsiQLLC , an oncologyh software and data analytics promotes Stys as VP of marketing and business dev.
Shawmugt Design and Construction in Bostojn promoted BrianStys , a 16-yeard veteran of the to the newly-created role of vice presidentt of marketing and business development. The Protecto Group Insurance Agency adds Mullery as director of compliance and wellnesxs of Worcester added Laura Ann Mulleryh as director of complianceand wellness. Mullery previously servecd as assistant vice president at in Boston and vice president of majof accounts at Thorbahn Associatesin
Wednesday, November 10, 2010
Johns Hopkins, Colliers Pinkard among bankrupt developer Opus East's creditors - Baltimore Business Journal:
lyubomiradete.blogspot.com
Opus, which developed more than 13 million squars feet of commercial space in the regionsince 1994, . The 210-pagde list of creditors did not specifyu whether they were securedor unsecured, nor did it say how much moneh each was owed. Among the firm’s largest creditors is , whichy is seeking more than $25 milliobn from Opus tied to a 160,000-square-foot office it was buildin for defensecontractor (NYSE: NOC) in Linthicum The bank sued Opus subsidiary Nursery Cornetr BB LLC in Anne Arundel County Circuit Courft on June 29, claiming Opus defaulted on the according to court documents.
In its bankruptcu filing, Opus listed assets of between $50 millio n and $100 million and liabilities ofbetween $100 milliob and $500 million. Other notable Baltimore-areaz firms listed included: in Baltimore; Century Engineering; the Economic Alliance of Greaterr Baltimore; ; American Office Equipment Co. Inc.; ; ; and Klepper & Kahl LLP. The U.S. Bankruptcu Court in Delaware has schedulerd a creditors meeting to be heldJuly 22.
Opus, which developed more than 13 million squars feet of commercial space in the regionsince 1994, . The 210-pagde list of creditors did not specifyu whether they were securedor unsecured, nor did it say how much moneh each was owed. Among the firm’s largest creditors is , whichy is seeking more than $25 milliobn from Opus tied to a 160,000-square-foot office it was buildin for defensecontractor (NYSE: NOC) in Linthicum The bank sued Opus subsidiary Nursery Cornetr BB LLC in Anne Arundel County Circuit Courft on June 29, claiming Opus defaulted on the according to court documents.
In its bankruptcu filing, Opus listed assets of between $50 millio n and $100 million and liabilities ofbetween $100 milliob and $500 million. Other notable Baltimore-areaz firms listed included: in Baltimore; Century Engineering; the Economic Alliance of Greaterr Baltimore; ; American Office Equipment Co. Inc.; ; ; and Klepper & Kahl LLP. The U.S. Bankruptcu Court in Delaware has schedulerd a creditors meeting to be heldJuly 22.
Monday, November 8, 2010
Sterger making Favre sympathetic figure - FOXSports.com
acklinegymejac1362.blogspot.com
Sterger making Favre sympathetic figure FOXSports.com Mark Kriegel is the national columnist for FOXSports.com. He is the author of two New York Times best sellers, Namath: A Biography and Pistol: The Life of ... |
Sunday, November 7, 2010
Kimberly Elise's roles evolve from 'Mad' to sad - Kansas City Star
http://www.agrounija.com/komora-pruza-podrsku-ruralnom-turizmu.html
Kansas City Star | Kimberly Elise's roles evolve from 'Mad' to sad Kansas City Star Kimberly Elise hasn't seen “For Colored Girls,†she says, “because I have to protect myself as an actor and a mother. ... |
Friday, November 5, 2010
San Diego Chargers' Antonio Gates doubtful vs. Houston Texans - ESPN
http://www.conducteurs-malus.com/article/DLF-to-bring-all-rental-properties-under-single-entity.html
News & Observer | San Diego Chargers' Antonio Gates doubtful vs. Houston Texans ESPN Gates has been playing with the toe injury but this week must have had some setbacks. Also doubtful are wide receivers Legedu Naanee and ... Antonio Gates says he'll try to play Sunday Antonio Gates: Antonio Gates makes the trip to Houston San Diego Chargers vs. Houston Texans NFL Betting |
Thursday, November 4, 2010
Tuesday, November 2, 2010
Arizona could lead the nation in growth - Phoenix Business Journal:
awipekyhila.blogspot.com
As many as 10,000 Arizona jobs could stem from a federal investment tax credit that was approvedlast year, according to the Solar Energy Research and Education Foundation in Washington. When factorinfg in several bills pending in thestate Legislature, that numbeer could balloon to make the solar industr y one of Arizona’s biggest job creators. “In five the renewable sector could be bigger than all theother high-tecu sectors combined,” said Barry president and CEO of the . GPEC is backint Senate Bill 1403, which would provide incentiveas tolure manufacturers. The bill cleared the Arizona Senate this week and is working its way througnhthe House.
Its goal is to provide tax creditsw for renewable energy industries to make movinv into the state pencil outfor
As many as 10,000 Arizona jobs could stem from a federal investment tax credit that was approvedlast year, according to the Solar Energy Research and Education Foundation in Washington. When factorinfg in several bills pending in thestate Legislature, that numbeer could balloon to make the solar industr y one of Arizona’s biggest job creators. “In five the renewable sector could be bigger than all theother high-tecu sectors combined,” said Barry president and CEO of the . GPEC is backint Senate Bill 1403, which would provide incentiveas tolure manufacturers. The bill cleared the Arizona Senate this week and is working its way througnhthe House.
Its goal is to provide tax creditsw for renewable energy industries to make movinv into the state pencil outfor
Monday, November 1, 2010
CSM Lodging prepares for hotel-buying spree - Minneapolis / St. Paul Business Journal:
http://ecologicalecon.com/firsts.html
Hotel revenue has plunged during theeconomic downturn, dragging down hotel Some full-service properties could sell for millionse of dollars less than they were worth just a few monthsx ago, setting the stage for a buyer’sx market later this year. “The cost per key to build vs. the cost per key to acquird has flip-flopped on us,” Dann “It’s now cheaper to acquire than it is to Insome cases, it might cost half as much to buy a hotep as it would to build a comparable he said.
The scope of CSM’s acquisitions will depenfd on what happens in the market over the nextseveral months, but Dann said the company is “prepared to go in pretty deep” and has enoughb cash to get deals done. Dann declined to specify how much money the company has availablfor acquisitions. CSM plans to pursue deales in the Midwest, Northwest, Southwest and The company owns 38 hotel including 17in Minnesota. “Wee think there will be some prime opportunitiews across the country in the next 120 to 150 Dann said. “Quite a few of our asseta are here in which has kind of thrown off our so we’re going to be growing in otherr parts of the country.
” Minneapolis-based CSM a division of real estate firm , also is workint on a couple of development deals, but doesn’tt plan to break ground on thosw projects until 2011. “We have a couple sitesz in town that we think will make sense in the nextdevelopmenft cycle, so we’re moving ahead with them,” Dann “But we’re moving slower, waitinb for the cycle to play itself out befors we start construction.” CSM Corp. doesn’t disclose financial but Dun & Bradstreet estimates its annual revenuwat $598 million. Hotel development has slowed to a craw as credit markets tightenedx and the demand for newprojects declined.
There were about 223,159 new rooms in the active-development pipelinde in the nation’s 26 largest markets in Decembee 2008, down 11.3 percent from a year according to a recentt reportfrom Hendersonville, Tenn.-based Smith Travel Research. In the Twin the number of rooms undedr constructionplunged 74.9 percent to 514 rooms. Demand for existingb rooms also is declining due todeclinin travel. Revenue per available room, or RevPAR, was down an estimates 1.8 percent nationwide in 2008, according to Atlanta-based PKF Hospitalitt Research. It’s expected to fall anothe 9.8 percent this year, the fourth-largest declin e since 1930.
Those shrinking revenues are puttingy pressure on highly leveragedx properties that can no longer affore to paytheir mortgages. PKF estimatex that the number of full-service U.S. hotelsa lacking the cash flow to pay their debt will increase by 25 percenfthis year. Declining revenue and rising debt could becomer particularly troublesome for real estate investmenttrusts (REITs) and other publif companies that need to worry about maintaining shareholder value. REITs also can lose their tax-exemptg status if their debt levels growtoo large. That’s why Dann expects hotel ownerds to start selling distressed hotelxs later this year in an efforg to reduce their debts andboost equity.
“Mgy prediction is that by the thirc and fourth quarters ofthis year, you’r going to start to see quite a few asseta come to market that are underwater and the bankse have forced them into a positio where they have to liquidate,” Dann said. “Thers already are some assets on the markety that are at substantially cheaper prices than they were even sixmonthsa ago, but I don’t think the floodgatez have opened yet.” Meanwhile, hotel capitalization rates are soaring, driving down Investors, lenders and appraisers use cap ratesz to calculate estimated asset values; as cap rated rise, asset values fall. (See chart at right.
) The averaged cap rate for a full-service hotel now is at 9.8 up from 8.2 percent in mid-2008, according to the Winter 2009 U.S. Realty Consultants Hotel Investment At thosecap rates, a hote l with $1 million in annuaol net operating income wouldc be worth $10.2 million today, aboutr $2 million less than six month ago. A number of other firms — both local and national — also are looking to snap up distressede hotels atreduced prices.
Hotel revenue has plunged during theeconomic downturn, dragging down hotel Some full-service properties could sell for millionse of dollars less than they were worth just a few monthsx ago, setting the stage for a buyer’sx market later this year. “The cost per key to build vs. the cost per key to acquird has flip-flopped on us,” Dann “It’s now cheaper to acquire than it is to Insome cases, it might cost half as much to buy a hotep as it would to build a comparable he said.
The scope of CSM’s acquisitions will depenfd on what happens in the market over the nextseveral months, but Dann said the company is “prepared to go in pretty deep” and has enoughb cash to get deals done. Dann declined to specify how much money the company has availablfor acquisitions. CSM plans to pursue deales in the Midwest, Northwest, Southwest and The company owns 38 hotel including 17in Minnesota. “Wee think there will be some prime opportunitiews across the country in the next 120 to 150 Dann said. “Quite a few of our asseta are here in which has kind of thrown off our so we’re going to be growing in otherr parts of the country.
” Minneapolis-based CSM a division of real estate firm , also is workint on a couple of development deals, but doesn’tt plan to break ground on thosw projects until 2011. “We have a couple sitesz in town that we think will make sense in the nextdevelopmenft cycle, so we’re moving ahead with them,” Dann “But we’re moving slower, waitinb for the cycle to play itself out befors we start construction.” CSM Corp. doesn’t disclose financial but Dun & Bradstreet estimates its annual revenuwat $598 million. Hotel development has slowed to a craw as credit markets tightenedx and the demand for newprojects declined.
There were about 223,159 new rooms in the active-development pipelinde in the nation’s 26 largest markets in Decembee 2008, down 11.3 percent from a year according to a recentt reportfrom Hendersonville, Tenn.-based Smith Travel Research. In the Twin the number of rooms undedr constructionplunged 74.9 percent to 514 rooms. Demand for existingb rooms also is declining due todeclinin travel. Revenue per available room, or RevPAR, was down an estimates 1.8 percent nationwide in 2008, according to Atlanta-based PKF Hospitalitt Research. It’s expected to fall anothe 9.8 percent this year, the fourth-largest declin e since 1930.
Those shrinking revenues are puttingy pressure on highly leveragedx properties that can no longer affore to paytheir mortgages. PKF estimatex that the number of full-service U.S. hotelsa lacking the cash flow to pay their debt will increase by 25 percenfthis year. Declining revenue and rising debt could becomer particularly troublesome for real estate investmenttrusts (REITs) and other publif companies that need to worry about maintaining shareholder value. REITs also can lose their tax-exemptg status if their debt levels growtoo large. That’s why Dann expects hotel ownerds to start selling distressed hotelxs later this year in an efforg to reduce their debts andboost equity.
“Mgy prediction is that by the thirc and fourth quarters ofthis year, you’r going to start to see quite a few asseta come to market that are underwater and the bankse have forced them into a positio where they have to liquidate,” Dann said. “Thers already are some assets on the markety that are at substantially cheaper prices than they were even sixmonthsa ago, but I don’t think the floodgatez have opened yet.” Meanwhile, hotel capitalization rates are soaring, driving down Investors, lenders and appraisers use cap ratesz to calculate estimated asset values; as cap rated rise, asset values fall. (See chart at right.
) The averaged cap rate for a full-service hotel now is at 9.8 up from 8.2 percent in mid-2008, according to the Winter 2009 U.S. Realty Consultants Hotel Investment At thosecap rates, a hote l with $1 million in annuaol net operating income wouldc be worth $10.2 million today, aboutr $2 million less than six month ago. A number of other firms — both local and national — also are looking to snap up distressede hotels atreduced prices.
Saturday, October 30, 2010
Consumer groups urge veto of
http://networkbetter.com/index/leadership
and claim HB 1171 wouldf pit the largest insurers againstythe smallest, which would be hamstrung by But, during a Wednesday news conference, Brad legislative advocate for Florida PIRG, said the answer is not deregulatioh of all companies. He said that rates need to more closel conform toreal risk, and that keeping rates artificiallu low, as did for several years, is not the Walter Dartland, the consumer federation’s executive emphasized that partial or complete deregulation is not the either. He maintains that the state’s rate review process has been a valuabls consumer protection tool against arbitraryyrate increases.
A practical solutionb would need to involve a deeper pool of specificallysmaller ones, and higher ratee that are regulated, Ashwelll said. “Florida is in the midsf of an economic crisis, and our residentsz cannot afford to be caughf in a volatile insurance market facee with erraticrate increases," he But, the insured also have to be realistic about the impacy a hurricane would have on them. Floridians will not be able toavoidd assessments. “It’s just a questio of how big the assessmentwill be,” Ashwell said.
The bill awaitinfg Crist’s signature would allow major carriers, such as Statse Farm, which earlier this year said it wouldleave Florida, to raises rates unchecked without a guarantee that they woul continue writing policies in the Dartland said his organization woul encourage State Farm and other s to poach the customers with the least leaving those with the most for companiews that are least capable of paying out in the eveny of a storm. “This doesn’gt help anybody except the few companiesx thatare involved,” he , one of the bill’s sponsors, Sen.
Michael R-Bradenton, asked Insurance Commissioner Kevin McCarty to resignh after McCarty requested that Crisf vetothe bill. During a news conference earlier inthe day, the governof hinted he might veto the bill.
and claim HB 1171 wouldf pit the largest insurers againstythe smallest, which would be hamstrung by But, during a Wednesday news conference, Brad legislative advocate for Florida PIRG, said the answer is not deregulatioh of all companies. He said that rates need to more closel conform toreal risk, and that keeping rates artificiallu low, as did for several years, is not the Walter Dartland, the consumer federation’s executive emphasized that partial or complete deregulation is not the either. He maintains that the state’s rate review process has been a valuabls consumer protection tool against arbitraryyrate increases.
A practical solutionb would need to involve a deeper pool of specificallysmaller ones, and higher ratee that are regulated, Ashwelll said. “Florida is in the midsf of an economic crisis, and our residentsz cannot afford to be caughf in a volatile insurance market facee with erraticrate increases," he But, the insured also have to be realistic about the impacy a hurricane would have on them. Floridians will not be able toavoidd assessments. “It’s just a questio of how big the assessmentwill be,” Ashwell said.
The bill awaitinfg Crist’s signature would allow major carriers, such as Statse Farm, which earlier this year said it wouldleave Florida, to raises rates unchecked without a guarantee that they woul continue writing policies in the Dartland said his organization woul encourage State Farm and other s to poach the customers with the least leaving those with the most for companiews that are least capable of paying out in the eveny of a storm. “This doesn’gt help anybody except the few companiesx thatare involved,” he , one of the bill’s sponsors, Sen.
Michael R-Bradenton, asked Insurance Commissioner Kevin McCarty to resignh after McCarty requested that Crisf vetothe bill. During a news conference earlier inthe day, the governof hinted he might veto the bill.
Friday, October 29, 2010
Wednesday, October 27, 2010
JD Power & Associates: Electric cars are currently more hope than reality - eGMCarTech
grihanovveimavox.blogspot.com
Globe and Mail | JD Power & Associates: Electric cars are currently more hope than reality eGMCarTech Though there is much hype around the electric car evolution, JD Power & Associates says that we shouldn't count gasoline down and out just yet. ... JD Power Is Pessimistic About the EV Market, but It's Way Too Early to Tell |
Tuesday, October 26, 2010
Monday, October 25, 2010
Saturday, October 23, 2010
Collegiate appoints board members - Baltimore Business Journal:
http://www.2x2santpedor.com/gpu-computing-high-performance-computing-at-its-best/
• Nelea Absher, vice presidenty and associategeneral counsel, • Anne-Mariee Brown, founder, • Suzanne Oldham, • Tuffy Wood, managing director, Morgan Keegan & Co. • Cindy Skarbek, director of the • Bashar Masri, director and senior engineerrof . Four trustees were reappointed tothe school’ board. They are: • Marine management consultang Barker Price, who will serve as boardx president forthe 2009-10 school year; • Merrell Wall general manager of the Monogram line for , and 1974 who will serve as vice • Former Brown-Forman vice chairwoman and CFO Phoebe Wood, who will servr as treasurer; and • Former managemenft consultant Leslie Geoghegan, who will serve as Corrie Nichols, president of the Louisville Collegiatwe School Parents Association, will serve as parent representative on the board.
Former Brown-Formanj president Bill Street, whose term on the board expired, was named a director emeritus.
• Nelea Absher, vice presidenty and associategeneral counsel, • Anne-Mariee Brown, founder, • Suzanne Oldham, • Tuffy Wood, managing director, Morgan Keegan & Co. • Cindy Skarbek, director of the • Bashar Masri, director and senior engineerrof . Four trustees were reappointed tothe school’ board. They are: • Marine management consultang Barker Price, who will serve as boardx president forthe 2009-10 school year; • Merrell Wall general manager of the Monogram line for , and 1974 who will serve as vice • Former Brown-Forman vice chairwoman and CFO Phoebe Wood, who will servr as treasurer; and • Former managemenft consultant Leslie Geoghegan, who will serve as Corrie Nichols, president of the Louisville Collegiatwe School Parents Association, will serve as parent representative on the board.
Former Brown-Formanj president Bill Street, whose term on the board expired, was named a director emeritus.
Friday, October 22, 2010
Route du Rhum Banque Postale. Le voilier de Pierre-Yves Lautrou abordé par un ... - Le Télégramme
http://www.euro-bonsai.net/Growing-a-Ficus-Bonsai-Tree.html
Concertlive.fr | Route du Rhum Banque Postale. Le voilier de Pierre-Yves Lautrou abordé par un ... Le Télégramme Parti mardi en convoyage de Lorient pour r » |
Wednesday, October 20, 2010
Scott Thompson Executive Profile
http://trailblazinministries.com/devotions/james
Prior to PayPal, Scott worked for Inovant, a subsidiar of Visa formed to oversee global technolog y forthe organization. As Executive Vice Presidenr of Technology Solutions at he was responsible forall development, support and maintenance of Visa'e global payment system. Scott was also Chief Informationh Officer of BarclaysGlobal Investors, where he implemented a new strategiv technology platform and global In addition, he has worked with Cooperse and Lybrand, delivering information technology solutions to leading financial services clientsz such as Wells Fargo. Scott received a Bachelor's Degree in Accountinbg and Computer Science fromStonehill [Morningstar.
com] **All Executive profile data providef by Dow Jones & Co., Inc.
Prior to PayPal, Scott worked for Inovant, a subsidiar of Visa formed to oversee global technolog y forthe organization. As Executive Vice Presidenr of Technology Solutions at he was responsible forall development, support and maintenance of Visa'e global payment system. Scott was also Chief Informationh Officer of BarclaysGlobal Investors, where he implemented a new strategiv technology platform and global In addition, he has worked with Cooperse and Lybrand, delivering information technology solutions to leading financial services clientsz such as Wells Fargo. Scott received a Bachelor's Degree in Accountinbg and Computer Science fromStonehill [Morningstar.
com] **All Executive profile data providef by Dow Jones & Co., Inc.
Tuesday, October 19, 2010
Police say man tricked woman to have sex - Sydney Morning Herald
http://www.steven-rigolot.com/article/Document-Control-Software-Should-Be-Open-to-All-of-Your-Content.html
BigPond News | Police say man tricked woman to have sex Sydney Morning Herald A man who contacted a Perth woman via the internet and tricked her into having sex with him has been charged by police. Police say that on October 13, ... Bust-up over internet sex payment sees Perth man arrested |
Sunday, October 17, 2010
Northern Virginia home sales up 5% - South Florida Business Journal:
kittredgeihuhyla1951.blogspot.com
During the month, 1,803 homes were sold in the which includes the cities of Fairfax and Falls Church as well as the counties of Fairfa xand Arlington, according to Rockville-based market research firm In the same month in 2008, the number of homes sold was The median sale price of a home in the area fell 7 percentr in May to $375,000, according to MRIS. D.C. home sales did not do as well last There were 484units sold, down 9 percent from 533 homes sold in the same month last year. The median sale price dropped 10 percent, from $440,000 in May 2008 to $394,95p0 last month. Units spent an average of 91 days, or 13 more days, on the marke t last month overMay 2008.
Unitxs on the Northern Virginia market, however, are beinf snapped up faster than last Homes are spending an average of 76 days on the or 13 less days than the same periof ayear ago. In Fairfaxz County, 1,331 homes were sold in May. That is up 4 percenr compared with ayear ago. The median sale pricde dipped nearly 10 percentto $360,00 last month. In Arlington County, the median sale prics was up 11 percentto $469,000 and 239 homes were sold — up nearl 5 percent from the same month a year ago. Princre William County experienced a 4 percent increase in salex of753 homes, compared with 724 homes sold in May 2008. The medianj sale price was down nearly 19 percentto $207,777.
Units spent an average of 78 or 50 less days on the than inMay 2008. Prince George’s County home sale were up 28 percent, with 494 units sold last The median sale price was down 21 percent to $224,900, but homes spent, on average, 33 more days on the markety than they did in May 2008. Montgomery Countty home sales last month totaled874 units. The medianj sale price was down 13 percentto $358,117, and homew spent, on average, two more days on the market than they did in May 2008.
During the month, 1,803 homes were sold in the which includes the cities of Fairfax and Falls Church as well as the counties of Fairfa xand Arlington, according to Rockville-based market research firm In the same month in 2008, the number of homes sold was The median sale price of a home in the area fell 7 percentr in May to $375,000, according to MRIS. D.C. home sales did not do as well last There were 484units sold, down 9 percent from 533 homes sold in the same month last year. The median sale price dropped 10 percent, from $440,000 in May 2008 to $394,95p0 last month. Units spent an average of 91 days, or 13 more days, on the marke t last month overMay 2008.
Unitxs on the Northern Virginia market, however, are beinf snapped up faster than last Homes are spending an average of 76 days on the or 13 less days than the same periof ayear ago. In Fairfaxz County, 1,331 homes were sold in May. That is up 4 percenr compared with ayear ago. The median sale pricde dipped nearly 10 percentto $360,00 last month. In Arlington County, the median sale prics was up 11 percentto $469,000 and 239 homes were sold — up nearl 5 percent from the same month a year ago. Princre William County experienced a 4 percent increase in salex of753 homes, compared with 724 homes sold in May 2008. The medianj sale price was down nearly 19 percentto $207,777.
Units spent an average of 78 or 50 less days on the than inMay 2008. Prince George’s County home sale were up 28 percent, with 494 units sold last The median sale price was down 21 percent to $224,900, but homes spent, on average, 33 more days on the markety than they did in May 2008. Montgomery Countty home sales last month totaled874 units. The medianj sale price was down 13 percentto $358,117, and homew spent, on average, two more days on the market than they did in May 2008.
Saturday, October 16, 2010
Consumer loan delinquencies rise to record high - Philadelphia Business Journal:
vasilisaxavymar.blogspot.com
The industry group blames the record wave of job lossex as amajor factor. More than 2 millionb Americans lost their jobs in the firsf three months ofthe year. Six million have lost theie jobs since therecession “Delinquencies won’t improve until companies start hirinyg again and we see a significant economic ABA chief economist James Chesse said in a news The ABA defines delinquency as a paymentg that is 30 days or more The composite delinquency rate among eight types of closed-end installmentr loan categories rose to 3.23 percent of all from 3.22 percent in the previous quarter. Bank card delinquencieds rose to 4.75 percent of all accounts, from 4.
52 percenty in the previous quarter. However, the balancesd on those delinquent accountsrose dramatically, to 6.6 percent of the value of all outstanding bank card debt marking a new record – from 5.52 Chessen said the unemployed may be using bank cards to bridgd a temporary income gap, especiall with less home equity to fall back on as housin prices continue to fall. Home equithy loan delinquencies increasedto 3.52 percent from 3.03 percent. Propertuy improvement loan delinquencies decreasedto 1.46 percentf from 1.75 percent. Indirect auto loan delinquencies decreasedto 3.42 percent from 3.53 Direct auto loan delinquencies increased to 3.01 percent from 2.
03 Marine loan delinquencies decreases to 2.04 percent from 2.35 percent. RV loan delinquencies increasedeto 1.52 percent from 1.38 percent. Mobile home loan delinquencies increaserdto 3.7 percent from 2.96 percent. Personal loan delinquencie s increasedto 3.47 percent from 2.88 percent.
The industry group blames the record wave of job lossex as amajor factor. More than 2 millionb Americans lost their jobs in the firsf three months ofthe year. Six million have lost theie jobs since therecession “Delinquencies won’t improve until companies start hirinyg again and we see a significant economic ABA chief economist James Chesse said in a news The ABA defines delinquency as a paymentg that is 30 days or more The composite delinquency rate among eight types of closed-end installmentr loan categories rose to 3.23 percent of all from 3.22 percent in the previous quarter. Bank card delinquencieds rose to 4.75 percent of all accounts, from 4.
52 percenty in the previous quarter. However, the balancesd on those delinquent accountsrose dramatically, to 6.6 percent of the value of all outstanding bank card debt marking a new record – from 5.52 Chessen said the unemployed may be using bank cards to bridgd a temporary income gap, especiall with less home equity to fall back on as housin prices continue to fall. Home equithy loan delinquencies increasedto 3.52 percent from 3.03 percent. Propertuy improvement loan delinquencies decreasedto 1.46 percentf from 1.75 percent. Indirect auto loan delinquencies decreasedto 3.42 percent from 3.53 Direct auto loan delinquencies increased to 3.01 percent from 2.
03 Marine loan delinquencies decreases to 2.04 percent from 2.35 percent. RV loan delinquencies increasedeto 1.52 percent from 1.38 percent. Mobile home loan delinquencies increaserdto 3.7 percent from 2.96 percent. Personal loan delinquencie s increasedto 3.47 percent from 2.88 percent.
Thursday, October 14, 2010
Cancer survivors dress in pink to celebrate awareness month - WALB-TV
otomaqaqaba.blogspot.com
Cancer survivors dress in pink to celebrate awareness month WALB-TV ALBANY, GA (WALB) â€" Phoebe Cancer survivors dressed in pink to call attention to breast cancer awareness month. ... |
Wednesday, October 13, 2010
T. Boone Pickens scraps huge wind farm - San Francisco Business Times:
vidineevostegity.blogspot.com
Pickens, who made much of his fortune buying up oil and gas companiesa inthe 1980s, put off the wind powerf project because of the difficulty of getting creditf for it in the sour economy. He’ d planned a 4,000-megawatt complex that might cost as muchas $10 and , his company, has already ordered 667 wind turbinese for it, though they won’tr be delivered for several years. One problem facing the huge projecgin Pampa, on U.S. Highway 60 northeastt of Amarillo, was a lack of heavy transmissioh lines needed to link any wind generators to thepowef grid.
“The capital markets have dealt us all a said Pickens in a statement emailed to the San Franciscp Business Times through hisPR firm. “j am committed to 667 wind turbines and I am goin to find projectsfor them.” Though Pickenss made his money in oil, he has worked in recent yearas to end this country’s dependencew on foreign oil. He’s put forwarc plans for widespread use of natural gas forexample (though they ) as well as pushiny for wind power. Pickense said he hasn’t abandoned the project. “I expect to continuee development of thePampa project, but not at the pace that I originallyt expected,” he said.
Pickens, who made much of his fortune buying up oil and gas companiesa inthe 1980s, put off the wind powerf project because of the difficulty of getting creditf for it in the sour economy. He’ d planned a 4,000-megawatt complex that might cost as muchas $10 and , his company, has already ordered 667 wind turbinese for it, though they won’tr be delivered for several years. One problem facing the huge projecgin Pampa, on U.S. Highway 60 northeastt of Amarillo, was a lack of heavy transmissioh lines needed to link any wind generators to thepowef grid.
“The capital markets have dealt us all a said Pickens in a statement emailed to the San Franciscp Business Times through hisPR firm. “j am committed to 667 wind turbines and I am goin to find projectsfor them.” Though Pickenss made his money in oil, he has worked in recent yearas to end this country’s dependencew on foreign oil. He’s put forwarc plans for widespread use of natural gas forexample (though they ) as well as pushiny for wind power. Pickense said he hasn’t abandoned the project. “I expect to continuee development of thePampa project, but not at the pace that I originallyt expected,” he said.
Monday, October 11, 2010
Tennessee cotton planting expected to rise in
http://www.dp-guild.ru/er3.html
Farmers have told the that they intend toplant 340,000 acreds of cotton this year, a 19 percenf increase over 2008. The pendulum to cottobn swung aroundApril 1, accordingy to the TDA, as farmers watched low but stable cotton prices. Corn and soybean pricea have swung erratically and have dropped rapidly sincethe year’xs growing season began. Farmers also expect late summer and fall pricd rallies in cotton as droughf conditions in West Texas according tothe TDA. Persistent rainfall throughout April and May made for one of the most difficulft planting seasons inrecent times. Many cotton acrews had to be replanted this seasonn due to flooding andseed rot.
The rain also led many farmersa to adjust their overallplanting intentions. The rain led many farmer to plant 7 percent more soybeans than they did last Tennessee farmers willplant 1.6 million acres of soybeanas this year, the highest soybean acreage in 25 years. TDA attributez some of this to corn acreagse abandonment as the rains made farmere miss their planting Corn acreage is expected to be down 6 percent overall at 650,000 acres. This is down 20,000 acres from Marchg intentions anddown 40,000 acres from last year.
Farmers have told the that they intend toplant 340,000 acreds of cotton this year, a 19 percenf increase over 2008. The pendulum to cottobn swung aroundApril 1, accordingy to the TDA, as farmers watched low but stable cotton prices. Corn and soybean pricea have swung erratically and have dropped rapidly sincethe year’xs growing season began. Farmers also expect late summer and fall pricd rallies in cotton as droughf conditions in West Texas according tothe TDA. Persistent rainfall throughout April and May made for one of the most difficulft planting seasons inrecent times. Many cotton acrews had to be replanted this seasonn due to flooding andseed rot.
The rain also led many farmersa to adjust their overallplanting intentions. The rain led many farmer to plant 7 percent more soybeans than they did last Tennessee farmers willplant 1.6 million acres of soybeanas this year, the highest soybean acreage in 25 years. TDA attributez some of this to corn acreagse abandonment as the rains made farmere miss their planting Corn acreage is expected to be down 6 percent overall at 650,000 acres. This is down 20,000 acres from Marchg intentions anddown 40,000 acres from last year.
Sunday, October 10, 2010
GM enters bankruptcy filing - Puget Sound Business Journal (Seattle):
vickreyafolori1839.blogspot.com
Monday’s Chapter 11 filing by the 101-year-old automake r — once the world’s biggest compan and Western New York’s largest manufacturing employer fordecades — is amon the largest in U.S. history and largest-ever U.S. manufacturing bankruptcy. Chapter 11, which allows the company to operate whiled protected fromits creditors, pushes GM into a fast-traci bankruptcy and provides $30 billion of additional taxpayer funds to restructure itself.
General Motors CEO Fritx Henderson said in a prepared statement that GM was being reinvented and that the companty is ready for the jobat "The economic crisis has causex enormous disruption in the auto industry, but with it has come the opportunituy for us to reinvent our business. We are going to do it once and do it The court-supervised process we are pursuin g provides us with powerful tools to acceleratw and complete our reinvention, as well as strong safeguardsx for our customers and our he said. The GM plan as detailed by U.S. officialxs would allow a much smaller GM to emerge from courf protection within 60 to90 days. GM also planw to close 11 U.S.
facilities and idle anotheer three plants by the endof 2010. GM’s Tonawandz engine plant, where 1,100 people work, will remain open. The automaker has not provided an updated target for job cuts but was lookinb toeliminate 21,000 U.S. factory jobs from the 54,00 union members it now employs. Also not immediately clear is what GM’sa bankruptcy filing will meanfor ’s plantx in Lockport, Rochester and three General Motors plans to take back the facilities from the formeer parts subsidiary that it spun off in according to a tentative deal reached last week between GM and the UAW.
The factoriees in New York, Michigan and Indianw would operateunder Delphi’s union but be considered part of GM, once again. The Lockport plant — Delphi Thermal which has 2,100 employeesd — was founded as Harrison Radiator Co. in 1910 and becamd part of GM in 1918. For 81 years it operatesd under General Motors ownership untip the independentDelphi Corp. was formed. Delphi itself is operatin under bankruptcy court supervision havingv filed for Chapter 11 inOctober 2005. The Mich.-based company was ready to emerge from bankruptcy in April 2008 but those plans fell apart when a key investort dropped out ofa $2.
554 billion stock deal with the General Motors employs 92,000 in the United Statews and is indirectly responsiblre for 500,000 retirees. The U.S. government would hold a 60 percent financial interesr in a reorganized GM and the UAW woul d takea 17.5 percent stake. The governmentsd of Canada and the province of Ontarii have agreed to a 12 percent ownershi stake in exchange forfinancial aid. GM bondholders wouled get 10 percent.
Monday’s Chapter 11 filing by the 101-year-old automake r — once the world’s biggest compan and Western New York’s largest manufacturing employer fordecades — is amon the largest in U.S. history and largest-ever U.S. manufacturing bankruptcy. Chapter 11, which allows the company to operate whiled protected fromits creditors, pushes GM into a fast-traci bankruptcy and provides $30 billion of additional taxpayer funds to restructure itself.
General Motors CEO Fritx Henderson said in a prepared statement that GM was being reinvented and that the companty is ready for the jobat "The economic crisis has causex enormous disruption in the auto industry, but with it has come the opportunituy for us to reinvent our business. We are going to do it once and do it The court-supervised process we are pursuin g provides us with powerful tools to acceleratw and complete our reinvention, as well as strong safeguardsx for our customers and our he said. The GM plan as detailed by U.S. officialxs would allow a much smaller GM to emerge from courf protection within 60 to90 days. GM also planw to close 11 U.S.
facilities and idle anotheer three plants by the endof 2010. GM’s Tonawandz engine plant, where 1,100 people work, will remain open. The automaker has not provided an updated target for job cuts but was lookinb toeliminate 21,000 U.S. factory jobs from the 54,00 union members it now employs. Also not immediately clear is what GM’sa bankruptcy filing will meanfor ’s plantx in Lockport, Rochester and three General Motors plans to take back the facilities from the formeer parts subsidiary that it spun off in according to a tentative deal reached last week between GM and the UAW.
The factoriees in New York, Michigan and Indianw would operateunder Delphi’s union but be considered part of GM, once again. The Lockport plant — Delphi Thermal which has 2,100 employeesd — was founded as Harrison Radiator Co. in 1910 and becamd part of GM in 1918. For 81 years it operatesd under General Motors ownership untip the independentDelphi Corp. was formed. Delphi itself is operatin under bankruptcy court supervision havingv filed for Chapter 11 inOctober 2005. The Mich.-based company was ready to emerge from bankruptcy in April 2008 but those plans fell apart when a key investort dropped out ofa $2.
554 billion stock deal with the General Motors employs 92,000 in the United Statews and is indirectly responsiblre for 500,000 retirees. The U.S. government would hold a 60 percent financial interesr in a reorganized GM and the UAW woul d takea 17.5 percent stake. The governmentsd of Canada and the province of Ontarii have agreed to a 12 percent ownershi stake in exchange forfinancial aid. GM bondholders wouled get 10 percent.
Friday, October 8, 2010
EMC Corp. - Triangle Business Journal:
efimtsovavadan.blogspot.com
Q&A with Bob Hawkins, vice president of Northg Carolinaoperations Q: Name three factors you consider criticao in creating a healthy work environment. Hawkins: EMC is a great place to work because employeesd believe in this companhy andits future. We recognize that custome r satisfaction and business success arewhat it's all In order to achieve such satisfaction and success, EMC encourageas innovative thinking, ensures all employees focus on a commomn goal and strategy and engages everyond in interesting and challenging work. Furthermore, EMC has a strongf link to its communitiesthrough volunteerism.
In Nortbh Carolina, employees organize on-site blood drivesz and are active in publicschool systems, MS Society, Habitat for Humanity, Leukemia & Lymphomz Society and Juvenile Diabetes Research Foundation, to name a few organizations. Q: What do you believe is the most valuabl element of your benefitx package in the eyes ofyour employees? Hawkins: EMC believesw proactive education (on) health-care topics is criticak in helping employees negotiate the complex systems of health-cars management.
Our on-site employee assistance program enables employees to learn abourt topics rangingfrom elder-care issues to raising childreb in an ever-changing Here are two toold we offer to help our employees live healthier, less stressfup lives and make it easierr for them to balance work and family HealthLink, an online program, is an employee'sd own Personal Health Manager, designex to provide employees and their familiesw with the tools and resourcea to effectively manage all aspects of their health.
DASH (Dietary Approach to Stop Hypertension) is a Web-bases nutrition education program that provides informatiomn employees and their families need to improve nutritio n and stay healthy by understandingvthe "why" and "how" for improvinv your health. Q: How do you communicate your company'se mission and vision in a way that makes each employee feel that they are part ofthe company'sa future? Hawkins: EMC's management team regularly communicatess with employees. One of EMC's most effectiv tools for communicationis e-mails from our executivess discussing major news and explaining the strategicx benefits of the news and how it will affectf employees.
Other examples are the employeeintranet portal; the monthly employe newsletter; and town meetings where a variety of topicd are discussed, including facility enhancements to individual/team rewards and Furthermore, EMC encourages employees to speak openly and oftemn with management through many For instance, EMC employees participate in an annual Employee Satisfactioh and Motivation Survey, where employees can communication what'ds working well and what the company needse to improve upon. Q: What are the majoe challenges your business is facingv in offering benefits and retainingtop talent? Hawkins: As with all companies, the rising cost of health care poses a challenge to EMC.
EMC remains dedicated to providing employees with the finesr health benefitsprogram available. In addition to providint world-class medical, prescription, behavioral health, dental, and vision-carer coverage, EMC has teamed with WebMs to develop HealthLink Personal Health Manager and other programsz to put employees and their families in controll oftheir health-care future. These tools include on-sitde health workshops, health risk assessment tests, DrugComparee and Symptom Checker. As a the company and the health-care industry as a whole save monegevery year. Q: What was your business' averag e annual turnover rate between 2001and 2005??
Hawkins: EMC has been steadilu increasing its work force since 2001. Q: You have been judge as one of the best places to work in the What will you do to raisd your scores even higher fornext year? Hawkins: EMC will continued to enhance its processes, measurements and rewards to consistently exceed our customers ' expectations for quality, service, innovation and EMC will also continue to invest in the development of its And EMC will continue to host and sponsort local and national level programws that aim to improve the qualithy of math and science education for gradesa K-12 and at the university level. Q: What makes your workplacse special?
Kiser: EMC is a place where I feel empowered, challenged and encouraged to achieve excellence. As a youngv woman of color, I'm pleased to find minorities, and especially in positions of powerat EMC. I'm also delighted to have such a supremd selection of role modelsto emulate. As a new college I value the university workshops EMC provideds to all of its employeeds to improve not only the quality of theitr work life but personal lifeas well. This has been a tremendouss help in my transition from college tocorporate America. I also love EMC'as employee health initiatives and its desire to give back to thesurroundiny community.
And I love the fact that EMC showsw its appreciation for diversitgy by supporting many minority andwomen initiatives.
Q&A with Bob Hawkins, vice president of Northg Carolinaoperations Q: Name three factors you consider criticao in creating a healthy work environment. Hawkins: EMC is a great place to work because employeesd believe in this companhy andits future. We recognize that custome r satisfaction and business success arewhat it's all In order to achieve such satisfaction and success, EMC encourageas innovative thinking, ensures all employees focus on a commomn goal and strategy and engages everyond in interesting and challenging work. Furthermore, EMC has a strongf link to its communitiesthrough volunteerism.
In Nortbh Carolina, employees organize on-site blood drivesz and are active in publicschool systems, MS Society, Habitat for Humanity, Leukemia & Lymphomz Society and Juvenile Diabetes Research Foundation, to name a few organizations. Q: What do you believe is the most valuabl element of your benefitx package in the eyes ofyour employees? Hawkins: EMC believesw proactive education (on) health-care topics is criticak in helping employees negotiate the complex systems of health-cars management.
Our on-site employee assistance program enables employees to learn abourt topics rangingfrom elder-care issues to raising childreb in an ever-changing Here are two toold we offer to help our employees live healthier, less stressfup lives and make it easierr for them to balance work and family HealthLink, an online program, is an employee'sd own Personal Health Manager, designex to provide employees and their familiesw with the tools and resourcea to effectively manage all aspects of their health.
DASH (Dietary Approach to Stop Hypertension) is a Web-bases nutrition education program that provides informatiomn employees and their families need to improve nutritio n and stay healthy by understandingvthe "why" and "how" for improvinv your health. Q: How do you communicate your company'se mission and vision in a way that makes each employee feel that they are part ofthe company'sa future? Hawkins: EMC's management team regularly communicatess with employees. One of EMC's most effectiv tools for communicationis e-mails from our executivess discussing major news and explaining the strategicx benefits of the news and how it will affectf employees.
Other examples are the employeeintranet portal; the monthly employe newsletter; and town meetings where a variety of topicd are discussed, including facility enhancements to individual/team rewards and Furthermore, EMC encourages employees to speak openly and oftemn with management through many For instance, EMC employees participate in an annual Employee Satisfactioh and Motivation Survey, where employees can communication what'ds working well and what the company needse to improve upon. Q: What are the majoe challenges your business is facingv in offering benefits and retainingtop talent? Hawkins: As with all companies, the rising cost of health care poses a challenge to EMC.
EMC remains dedicated to providing employees with the finesr health benefitsprogram available. In addition to providint world-class medical, prescription, behavioral health, dental, and vision-carer coverage, EMC has teamed with WebMs to develop HealthLink Personal Health Manager and other programsz to put employees and their families in controll oftheir health-care future. These tools include on-sitde health workshops, health risk assessment tests, DrugComparee and Symptom Checker. As a the company and the health-care industry as a whole save monegevery year. Q: What was your business' averag e annual turnover rate between 2001and 2005??
Hawkins: EMC has been steadilu increasing its work force since 2001. Q: You have been judge as one of the best places to work in the What will you do to raisd your scores even higher fornext year? Hawkins: EMC will continued to enhance its processes, measurements and rewards to consistently exceed our customers ' expectations for quality, service, innovation and EMC will also continue to invest in the development of its And EMC will continue to host and sponsort local and national level programws that aim to improve the qualithy of math and science education for gradesa K-12 and at the university level. Q: What makes your workplacse special?
Kiser: EMC is a place where I feel empowered, challenged and encouraged to achieve excellence. As a youngv woman of color, I'm pleased to find minorities, and especially in positions of powerat EMC. I'm also delighted to have such a supremd selection of role modelsto emulate. As a new college I value the university workshops EMC provideds to all of its employeeds to improve not only the quality of theitr work life but personal lifeas well. This has been a tremendouss help in my transition from college tocorporate America. I also love EMC'as employee health initiatives and its desire to give back to thesurroundiny community.
And I love the fact that EMC showsw its appreciation for diversitgy by supporting many minority andwomen initiatives.
Thursday, October 7, 2010
Central Valley bank earnings fall to $1.7M - Washington Business Journal:
http://www.alzheimerforum.ch/index.php?option=com_content&task=view&id=37&Itemid=
million in the first half of the down from earningsof $2.6 million the year earlier period. The bank holdintg company of earned $464,000 in the seconde quarter, down from $1.3 million the year earlier “While we remained the disappointing earnings in the secon quarter is a reflection of the increaseds provision for credit losses in the light of the overall weak economy and the potential impact it many have on our borrowinvg customers during this economic cycle and the significany increase in the FDIC insurancse premiums from both the increase in regularr assessment rates as well as the special assessment rate placeed on all FDIC insured institutionzs insecond quarter,” said Dan Doyle, president of the bank holdinbg company.
The bank has 15 branchex in the Central Valley from the Fresno area to The bank companygot $7 millionb in Capital Purchase Program monety from the Department of Treasury earlie r this year. It acquired the Stockton, Lodi and Tracy brancheds of Service 1st Bancorpin November.
million in the first half of the down from earningsof $2.6 million the year earlier period. The bank holdintg company of earned $464,000 in the seconde quarter, down from $1.3 million the year earlier “While we remained the disappointing earnings in the secon quarter is a reflection of the increaseds provision for credit losses in the light of the overall weak economy and the potential impact it many have on our borrowinvg customers during this economic cycle and the significany increase in the FDIC insurancse premiums from both the increase in regularr assessment rates as well as the special assessment rate placeed on all FDIC insured institutionzs insecond quarter,” said Dan Doyle, president of the bank holdinbg company.
The bank has 15 branchex in the Central Valley from the Fresno area to The bank companygot $7 millionb in Capital Purchase Program monety from the Department of Treasury earlie r this year. It acquired the Stockton, Lodi and Tracy brancheds of Service 1st Bancorpin November.
Tuesday, October 5, 2010
Rohm and Haas earnings fall 82% - Philadelphia Business Journal:
http://www.jewellerclub.com/ru/gold/gold-kulony
The Philadelphia company (NYSE: ROH) saw earninga trimmed to $32 million, or 17 centsd per share, compared with $180 million, or 91 centxs per share, for the same period in 2007. Saleds fell by 13 percent to $2 billiobn as a result of market declines that affectedc all businesses and regionsexcept salt. The quarter's resultzs include special items totaling 52 centds a share including 8 cents a share in costs associatedf with the proposed merger with the DowChemical Co. DOW). Rohm has sued Michigan-based Dow, which has missedf the deadline to close the deal and says closingy the deal right now wouldsbe harmful, to forcre the merger. Excluding special Rohm earned 69 centasper share.
Analysts were expecting earnings of 67 centsdper share, according to Thomsonh Reuters, and sales of $2.28 billion. The company’ shares were trading 2 percen lower Mondayat $55.53. Rohm said that even though salese were down forthe quarter, salesz rose 8 percent for the full year to $9.6 million. Adjustecd earnings per share were $3.31 for 2008 comparexd with $3.37 for 2007. Rohm operates a 400,000-square-foo specialty chemical plant in Reading, northeastr of Cincinnati, which employs about 110 The facility produces chemicals used to manufacture vinyl siding and PVC pipeand fittings, plastiv bottles and blister packaging. The company also has a plant in West westof Dayton.
BizPulse Survey: Has the mediwa exagerrated the recession? Vote .
The Philadelphia company (NYSE: ROH) saw earninga trimmed to $32 million, or 17 centsd per share, compared with $180 million, or 91 centxs per share, for the same period in 2007. Saleds fell by 13 percent to $2 billiobn as a result of market declines that affectedc all businesses and regionsexcept salt. The quarter's resultzs include special items totaling 52 centds a share including 8 cents a share in costs associatedf with the proposed merger with the DowChemical Co. DOW). Rohm has sued Michigan-based Dow, which has missedf the deadline to close the deal and says closingy the deal right now wouldsbe harmful, to forcre the merger. Excluding special Rohm earned 69 centasper share.
Analysts were expecting earnings of 67 centsdper share, according to Thomsonh Reuters, and sales of $2.28 billion. The company’ shares were trading 2 percen lower Mondayat $55.53. Rohm said that even though salese were down forthe quarter, salesz rose 8 percent for the full year to $9.6 million. Adjustecd earnings per share were $3.31 for 2008 comparexd with $3.37 for 2007. Rohm operates a 400,000-square-foo specialty chemical plant in Reading, northeastr of Cincinnati, which employs about 110 The facility produces chemicals used to manufacture vinyl siding and PVC pipeand fittings, plastiv bottles and blister packaging. The company also has a plant in West westof Dayton.
BizPulse Survey: Has the mediwa exagerrated the recession? Vote .
Monday, October 4, 2010
Arizona looks for ways to tap green collar jobs grants - New Mexico Business Weekly:
ekaterinaiuvo.blogspot.com
The state would have to get in line with others for thecompetitivew grants, but it is something the is said spokesman David Drennon. “Arizonas Department of Commerce staff is reviewingthe opportunities, and will be weighinyg the best options to bring the most impact to grow green-collae jobs for Arizonans,” he said in an The grants would be doled out by the U.S. Department of Labo and would funnel through five national andstat programs: the Energy Training Partnership grants, Pathwaya out of Poverty grants, State Energy Sector Partnershi and Training grants, Gree n Capacity Building grants, and State Labor Market Information Improvement The program will allow states to collect and analyzwe market information and direct people to green Department of Labor of officialzs are hoping grant applications line up with federal programws to maximize the potential for creating gree n jobs.
The state would have to get in line with others for thecompetitivew grants, but it is something the is said spokesman David Drennon. “Arizonas Department of Commerce staff is reviewingthe opportunities, and will be weighinyg the best options to bring the most impact to grow green-collae jobs for Arizonans,” he said in an The grants would be doled out by the U.S. Department of Labo and would funnel through five national andstat programs: the Energy Training Partnership grants, Pathwaya out of Poverty grants, State Energy Sector Partnershi and Training grants, Gree n Capacity Building grants, and State Labor Market Information Improvement The program will allow states to collect and analyzwe market information and direct people to green Department of Labor of officialzs are hoping grant applications line up with federal programws to maximize the potential for creating gree n jobs.
Saturday, October 2, 2010
Off the Cuff - Nashville Business Journal:
glafirarynyxu.blogspot.com
Industrial market The Clarksvillse market is currently in the best Once gets upand running, bulk space in Clarksville will be hard to come by and will probably create speculative and build-to-suit opportunities along Interstate 24 betweeh Nashville and Clarksville. The I-24/La Vergne corridor is somewhat and the characteristics that contributed to itssustainability — proximity both to Metro Nashville and to I-24 — alloq it to maintain solid, if not occupancy. The state Route 840/Beckwith Road sector in Wilson County isless mature. Vi-Jon’s lease at Rockdale but more than 2 million squarwe feet of speculative space vacancyg remains inthat submarket.
Retail marke t We have been very encouraged by the continued activity in the especially with regard to the uniqud new restaurants and retailera that are moving full steamn ahead withplanned developments. Urban Flats Flatbreard & Wine Co. is nearing completion, Cantina Laredo’d restaurant buildout is underway, and Casablancsa Coffee will startconstruction shortly. The Urban Outfitteres retail construction is reallycoming along, right on schedule.
Even in a challengingg economy, quality tenants like these are attractes to the Gulch forits energy, which is uniqude to Nashville — an urba mixed-use neighborhood where people can live, work, shop and be Senior vice president | Cool Springws market The Class A officse market in Cool Springs is not only holding up during this tougg economy, it is expanding. Because we offer what is not readilyuavailable elsewhere. When Crescent Resourcew started developing in Cool Springs in there was no Class Aoffice market. (Cool Springs) remains the leading provider todayby far.
Cool expansion is being fueled by existinyg growth companies inWilliamsonb County, as well as relocations from Nashville, Brentwoodr and out of state. With nearly 7.5 million squarw feet, businesses have numerous option from existing spaceor second-generationj space ranging in size from 12,000 square feet to a full 200,000-square-foof building. Richard Fleming Sr. Principal, office building specialistg | Nashville-area office market In the office Cool Springs continues to dominate in 2008with 850,000 square feet of new office space being, not only but 100 percent leased. This accounted for almost 85 percen t of all leasingactivity city-wide.
In the recent Cool Springs has been the submarkeyt of choice for large corporated users due to the supply of modernoffice buildings, the proximityy to executive housing and the best public This trend may shift in 2009 due to tenantes downsizing and desire to reduce occupancy Sublease space will become the new sourcew of supply for the next few years.
Industrial market The Clarksvillse market is currently in the best Once gets upand running, bulk space in Clarksville will be hard to come by and will probably create speculative and build-to-suit opportunities along Interstate 24 betweeh Nashville and Clarksville. The I-24/La Vergne corridor is somewhat and the characteristics that contributed to itssustainability — proximity both to Metro Nashville and to I-24 — alloq it to maintain solid, if not occupancy. The state Route 840/Beckwith Road sector in Wilson County isless mature. Vi-Jon’s lease at Rockdale but more than 2 million squarwe feet of speculative space vacancyg remains inthat submarket.
Retail marke t We have been very encouraged by the continued activity in the especially with regard to the uniqud new restaurants and retailera that are moving full steamn ahead withplanned developments. Urban Flats Flatbreard & Wine Co. is nearing completion, Cantina Laredo’d restaurant buildout is underway, and Casablancsa Coffee will startconstruction shortly. The Urban Outfitteres retail construction is reallycoming along, right on schedule.
Even in a challengingg economy, quality tenants like these are attractes to the Gulch forits energy, which is uniqude to Nashville — an urba mixed-use neighborhood where people can live, work, shop and be Senior vice president | Cool Springws market The Class A officse market in Cool Springs is not only holding up during this tougg economy, it is expanding. Because we offer what is not readilyuavailable elsewhere. When Crescent Resourcew started developing in Cool Springs in there was no Class Aoffice market. (Cool Springs) remains the leading provider todayby far.
Cool expansion is being fueled by existinyg growth companies inWilliamsonb County, as well as relocations from Nashville, Brentwoodr and out of state. With nearly 7.5 million squarw feet, businesses have numerous option from existing spaceor second-generationj space ranging in size from 12,000 square feet to a full 200,000-square-foof building. Richard Fleming Sr. Principal, office building specialistg | Nashville-area office market In the office Cool Springs continues to dominate in 2008with 850,000 square feet of new office space being, not only but 100 percent leased. This accounted for almost 85 percen t of all leasingactivity city-wide.
In the recent Cool Springs has been the submarkeyt of choice for large corporated users due to the supply of modernoffice buildings, the proximityy to executive housing and the best public This trend may shift in 2009 due to tenantes downsizing and desire to reduce occupancy Sublease space will become the new sourcew of supply for the next few years.
Friday, October 1, 2010
Space Data teams for wireless smart grid communications - Silicon Valley / San Jose Business Journal:
http://www.newmusicindustry.com/article/Wine-Serving-Temperature-Guide.html
Chandler-based Space Data announced the plan Monday to offet up a portion of the wireless spectru m it owns to be used in conjunction with equipmenf fromMenlo Park, Calif.-based Full Spectrum. The two companiew say the deal will allow utilities to ownprivatew wide-area networks to provide commands to smart grids. “The combination of our high-powered frequencies with state-of-the-art WiMax technology provides utilities with a dedicated privatwe broadbandwireless system,” said Jerry CEO of Space Data. For several Space Data has been developing a system of wireless communications usinyg weather balloons to carryequipment aloft, providingg a wide area of coverage.
The companhy also has been providing communications for several years in theutilitu sector. Smart grids are the latest applicatiomn of technology inthe nation’s powefr system. They will transform the national power grid into one that is more allowing it to deliver more power to areas of the country thatneed it. The two companiess believe their product would allo w grid operators to control distribution remotely throug awireless network.
“In terms of grid much of the focus to date has been directec toward automatic meter readingand However, real-time command and control of higher-levep grid devices are of equal, if not importance in the drive for overall grid efficiency,” said Stewart CEO of Full Spectrum.
Chandler-based Space Data announced the plan Monday to offet up a portion of the wireless spectru m it owns to be used in conjunction with equipmenf fromMenlo Park, Calif.-based Full Spectrum. The two companiew say the deal will allow utilities to ownprivatew wide-area networks to provide commands to smart grids. “The combination of our high-powered frequencies with state-of-the-art WiMax technology provides utilities with a dedicated privatwe broadbandwireless system,” said Jerry CEO of Space Data. For several Space Data has been developing a system of wireless communications usinyg weather balloons to carryequipment aloft, providingg a wide area of coverage.
The companhy also has been providing communications for several years in theutilitu sector. Smart grids are the latest applicatiomn of technology inthe nation’s powefr system. They will transform the national power grid into one that is more allowing it to deliver more power to areas of the country thatneed it. The two companiess believe their product would allo w grid operators to control distribution remotely throug awireless network.
“In terms of grid much of the focus to date has been directec toward automatic meter readingand However, real-time command and control of higher-levep grid devices are of equal, if not importance in the drive for overall grid efficiency,” said Stewart CEO of Full Spectrum.
Wednesday, September 29, 2010
Growing D.C. presence for Gates Foundation - Puget Sound Business Journal (Seattle):
http://airyelfs.eu/airindex.html
So far the Obama administration has reacherd intothe Seattle-based Gates Foundation for appointeese to the U.S. departments of agriculture and state, according to the federal agencies. The appointments are indicative of theGate Foundation’s stature, and suggests that its prioritiezs are in step with the Obamz administration. The hires also suggest that groups supporter by the GatesFoundation — many located in Washington state — could be better positioned now for federapl funding. Some also see the Gates Foundation and its ideaxs becoming increasingly influential with theObama administration, especially with the Departmentt of Education.
“It is not unfaitr to say that theGates Foundation’s agendaq has become the country’s agendz in education,” said Michael Petrilli, vice presideny for national programs and policyg at the in D.C. The Fordham institute itself has receivesdnearly $3 million in Gates Foundatio grants. On matters of education, the Gatesd Foundation has advocated and experimented withsmaller classrooms, chartee schools, learning technology, teacher incentivea and performance measurements.
According to federal agencies, Gatezs Foundation employees now working for the Obamsaadministration include: — James (Jim) Shelton, a former deputyh director of education at the Gates Foundatioh who is now assistant deputy secretary at the Education He also heads the agency’s Office of Innovationb and Improvement. — Margoyt Rogers, a former special assistant to the director of educatiom programs at theGates Foundation. She is now the chietf of staff for Education SecretaryArne Duncan, the former CEO of Chicagpo Public Schools. — Rajif Shah, formerly director of the agricultural developmengt program at theGates Foundation.
Earlief this week the Senate confirmed Shah as undersecretaryhof research, education and economics, as well as chierf scientist, at the Department of Agriculture. Bathsheba (Sheba) Crocker, formerly a senior polic y and advocacy officer for international affairs at theGatess Foundation. Crocker is now working for James one of two deputy secretaries in theStatw Department. None of the formetr Gates Foundation employees could be reachecfor comment. Several top-level officiala with the Education Department are familiar with the Gates Foundatiob because they previously worked for organizations that got grantds fromthe nonprofit.
Chicago Publicx Schools, formerly led by Education Secretary has receivedabout $30 millionj in Gates Foundation grants since according to the foundation’s grant database. Jon an early Obama education adviser, foundexd New Leaders for New Schools. The New York-based educatio nonprofit has received morethan $18 millio in Gates Foundation grants, the Gates database In a written statement, the Gatex Foundation said: “The Bill & Melindaz Gates Foundation believes it is an honor to serve in the publivc sector, and we congratulate those former employees that have takenb positions with the new administration.” The organization declineed further comment.
Several sources say the Gatea Foundation was bound to be tapped for federal appointees because of its size and the nature of its Officials in previous presidential administrations have also gone to work for the Petrilli said. “In some ways, it is more of a revolving-door phenomens rather than a vacuum cleaner,” he said. The Education Departmeng acknowledged theGates Foundation’s presence withinm the agency, but said the nonprofirt will not dominate the shapinb of the department’s policies and programs. “Theg may have a few extrw inputs, but they are by no means an overwhelming Education Department spokesman Petef Cunningham said of theGates Foundation.
The Educatioh Department plans to tap the Gates Foundatiojn and other nonprofits for policy and strategic advicse because of theirinnovative work, Cunningham said. And, in observers say the department is gettint advice from othermajor foundations, including the Gates Foundation’zs frequent partner, the Eli and Edythe Broaed Foundation of Los Angeles. “The reality is as far as we can a good deal ofintellectual cross-fertilization is goiny on among big foundations, especiallh Broad and Gates,” said Monty Neil, deputy director at FairTest, a Boston-based national advocacy groul focused on standardized testing.
The federal governmenf and the Gates Foundation are alreadyg in general alignment on some matters ofeducation policy. The American Recovery and Reinvestmenyt Act, the ambitious federal stimulus packaged that Obama signed in sets in motion variouseducational reforms. Amonf other things, the reforms call for using data systema totrack progress, improving teacher effectiveness, forminf career-ready standards and intervening in low-performing schools all strategies funded by the Gates Foundation.
How statese invest their initial stimulus grantzs in these educational reforms will determine theie eligibilityfor follow-up, “competitive” Shelton, the former Gates Foundation officiapl who is now an assistant deputy secretary at the Educationn Department, will manage a $650 million federal fund that will inves t in education innovation, among other things.
So far the Obama administration has reacherd intothe Seattle-based Gates Foundation for appointeese to the U.S. departments of agriculture and state, according to the federal agencies. The appointments are indicative of theGate Foundation’s stature, and suggests that its prioritiezs are in step with the Obamz administration. The hires also suggest that groups supporter by the GatesFoundation — many located in Washington state — could be better positioned now for federapl funding. Some also see the Gates Foundation and its ideaxs becoming increasingly influential with theObama administration, especially with the Departmentt of Education.
“It is not unfaitr to say that theGates Foundation’s agendaq has become the country’s agendz in education,” said Michael Petrilli, vice presideny for national programs and policyg at the in D.C. The Fordham institute itself has receivesdnearly $3 million in Gates Foundatio grants. On matters of education, the Gatesd Foundation has advocated and experimented withsmaller classrooms, chartee schools, learning technology, teacher incentivea and performance measurements.
According to federal agencies, Gatezs Foundation employees now working for the Obamsaadministration include: — James (Jim) Shelton, a former deputyh director of education at the Gates Foundatioh who is now assistant deputy secretary at the Education He also heads the agency’s Office of Innovationb and Improvement. — Margoyt Rogers, a former special assistant to the director of educatiom programs at theGates Foundation. She is now the chietf of staff for Education SecretaryArne Duncan, the former CEO of Chicagpo Public Schools. — Rajif Shah, formerly director of the agricultural developmengt program at theGates Foundation.
Earlief this week the Senate confirmed Shah as undersecretaryhof research, education and economics, as well as chierf scientist, at the Department of Agriculture. Bathsheba (Sheba) Crocker, formerly a senior polic y and advocacy officer for international affairs at theGatess Foundation. Crocker is now working for James one of two deputy secretaries in theStatw Department. None of the formetr Gates Foundation employees could be reachecfor comment. Several top-level officiala with the Education Department are familiar with the Gates Foundatiob because they previously worked for organizations that got grantds fromthe nonprofit.
Chicago Publicx Schools, formerly led by Education Secretary has receivedabout $30 millionj in Gates Foundation grants since according to the foundation’s grant database. Jon an early Obama education adviser, foundexd New Leaders for New Schools. The New York-based educatio nonprofit has received morethan $18 millio in Gates Foundation grants, the Gates database In a written statement, the Gatex Foundation said: “The Bill & Melindaz Gates Foundation believes it is an honor to serve in the publivc sector, and we congratulate those former employees that have takenb positions with the new administration.” The organization declineed further comment.
Several sources say the Gatea Foundation was bound to be tapped for federal appointees because of its size and the nature of its Officials in previous presidential administrations have also gone to work for the Petrilli said. “In some ways, it is more of a revolving-door phenomens rather than a vacuum cleaner,” he said. The Education Departmeng acknowledged theGates Foundation’s presence withinm the agency, but said the nonprofirt will not dominate the shapinb of the department’s policies and programs. “Theg may have a few extrw inputs, but they are by no means an overwhelming Education Department spokesman Petef Cunningham said of theGates Foundation.
The Educatioh Department plans to tap the Gates Foundatiojn and other nonprofits for policy and strategic advicse because of theirinnovative work, Cunningham said. And, in observers say the department is gettint advice from othermajor foundations, including the Gates Foundation’zs frequent partner, the Eli and Edythe Broaed Foundation of Los Angeles. “The reality is as far as we can a good deal ofintellectual cross-fertilization is goiny on among big foundations, especiallh Broad and Gates,” said Monty Neil, deputy director at FairTest, a Boston-based national advocacy groul focused on standardized testing.
The federal governmenf and the Gates Foundation are alreadyg in general alignment on some matters ofeducation policy. The American Recovery and Reinvestmenyt Act, the ambitious federal stimulus packaged that Obama signed in sets in motion variouseducational reforms. Amonf other things, the reforms call for using data systema totrack progress, improving teacher effectiveness, forminf career-ready standards and intervening in low-performing schools all strategies funded by the Gates Foundation.
How statese invest their initial stimulus grantzs in these educational reforms will determine theie eligibilityfor follow-up, “competitive” Shelton, the former Gates Foundation officiapl who is now an assistant deputy secretary at the Educationn Department, will manage a $650 million federal fund that will inves t in education innovation, among other things.
Tuesday, September 28, 2010
National media tout recession deals at Colorado ski resorts - Denver Business Journal:
http://thegamesstore.com/index.php?productID=1609
A noted a variety of offera atColorado resorts, including a package at including a free ticketg on Frontier Airlines and a free nightt of lodging when a skie r or snowboarder buys four days of lift tickets and two planed tickets. The Times story also touts various dealsat properties, including severalo Colorado resorts, including free free ski days and ski school A is headlined "Find the freebies in and notes an American Airlinesx kids-fly-free program, and a free lift tickef on the day a skier arrivess at Vail-Eagle County Airport.
Various travel and skiing websitez are also touting deals at Colorado The occupancy rate for mountain destination resorts in Coloradoi and other ski states was down 18 percent from the previous seasonthrough December, despite a last-minute bounce in holiday the Mountain Travel Research Program (MTRiP) reporteed Jan. 23. The outlook for the rest of the seasoh remains bleakso far, MTRiPo reported, with advance bookings for January througyh April running 20 percent behind last year as recession-wargy skiers count pennies.
A noted a variety of offera atColorado resorts, including a package at including a free ticketg on Frontier Airlines and a free nightt of lodging when a skie r or snowboarder buys four days of lift tickets and two planed tickets. The Times story also touts various dealsat properties, including severalo Colorado resorts, including free free ski days and ski school A is headlined "Find the freebies in and notes an American Airlinesx kids-fly-free program, and a free lift tickef on the day a skier arrivess at Vail-Eagle County Airport.
Various travel and skiing websitez are also touting deals at Colorado The occupancy rate for mountain destination resorts in Coloradoi and other ski states was down 18 percent from the previous seasonthrough December, despite a last-minute bounce in holiday the Mountain Travel Research Program (MTRiP) reporteed Jan. 23. The outlook for the rest of the seasoh remains bleakso far, MTRiPo reported, with advance bookings for January througyh April running 20 percent behind last year as recession-wargy skiers count pennies.
Sunday, September 26, 2010
Signs of life seen in Greater Baltimore home prices - Baltimore Business Journal:
http://www.jvc-abc.com/html/venue.html
Nationally, home prices are down 13 percent from this time last ofColorado reported. But the rate at whicu those prices are falling has started to leveloff and, in thre of four regions across the posted either stable or positivew gains in prices. Only in the Souty did prices continue to fall in downabout .3 percenyt from April 2008, brought down by still-strugglin g markets including several Floridza communities.
“It’s too soon to call this a turn in thehousinbg market, particularly given all the political and regulatory uncertainties,” Integrated Asse t Services CEO Dave McCarthy said in a “I think that we’rde still in for some difficult spells ahead, but we are seeinvg a certain kind of pricin equilibrium in several important markets. That’es encouraging for the long term.” In Baltimore City, home prices increasex 3.5 percent from March to April, according to the report. Priced are still down about 12 percenty when compared toApril 2008. • Home pricesx climbed by .8 percent from March to April in AnneArundeo County, but are still down 5.
6 percent from April 2008; Prices fell 1 percent in Baltimore County in the past montuh and are down 2.3 percent from April 2008; Harford County’s home pricesa held steady in the past month, but are stil l down 3.5 percent from last year; Prices fell .3 percent in Howardx County, and are down about .1 percent from Apri 2008. The median sold price for a home sold in Greate Baltimore fellto $234,950 in April, down 2.1 percent from March, according to Metropolitan Regional Informationb Systems Inc. of Rockville. That compares to a 10 percent drop fromAprikl 2008, when home prices stood at about $262,000.
Nationally, home prices are down 13 percent from this time last ofColorado reported. But the rate at whicu those prices are falling has started to leveloff and, in thre of four regions across the posted either stable or positivew gains in prices. Only in the Souty did prices continue to fall in downabout .3 percenyt from April 2008, brought down by still-strugglin g markets including several Floridza communities.
“It’s too soon to call this a turn in thehousinbg market, particularly given all the political and regulatory uncertainties,” Integrated Asse t Services CEO Dave McCarthy said in a “I think that we’rde still in for some difficult spells ahead, but we are seeinvg a certain kind of pricin equilibrium in several important markets. That’es encouraging for the long term.” In Baltimore City, home prices increasex 3.5 percent from March to April, according to the report. Priced are still down about 12 percenty when compared toApril 2008. • Home pricesx climbed by .8 percent from March to April in AnneArundeo County, but are still down 5.
6 percent from April 2008; Prices fell 1 percent in Baltimore County in the past montuh and are down 2.3 percent from April 2008; Harford County’s home pricesa held steady in the past month, but are stil l down 3.5 percent from last year; Prices fell .3 percent in Howardx County, and are down about .1 percent from Apri 2008. The median sold price for a home sold in Greate Baltimore fellto $234,950 in April, down 2.1 percent from March, according to Metropolitan Regional Informationb Systems Inc. of Rockville. That compares to a 10 percent drop fromAprikl 2008, when home prices stood at about $262,000.
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