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.
Tuesday, November 30, 2010
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.
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