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Charge-offs totaled $104 million at the end of the firsr quarter, according to Associated’s filing with the Federa l DepositInsurance Corp. Meanwhile, seconde quarter net charge-offs are expected to be between $60 millionh and $70 million, Green Bay-based Associated ASBC) said Monday afternoon. The figured was $56.9 million as of the end of the firsty quarter onMarch 31. The bank’s managementy said weakness in the economy has resultedin asset-quality downgrades to Associated’ss construction, commercial real estate and commercial and industrial “We believe loan loss provisions and charge-offs will remain elevatec due to the continued deterioration in the real estated sector and the weak economy,” said chairman and CEO Paul “We expect the pace of loan and asseyt deterioration to moderate in future Associated executives said that, aftef taking into consideration the increased loan-losx provision, the company’s capital levele will still exceed well-capitalized standards as of June 30.
Associater said its board has formed a risk and credift committee to supplement risk management oversight performex by the company andthe company'zs audit committee. The board has appointed to the new committeeeJohn Seramur, Eileen Kamerick and Richard Lommen. The companty will release second-quarter results on July 16. Associated stoclk closed at $13.37 on Monday.
Tuesday, May 31, 2011
Sunday, May 29, 2011
Friday, May 27, 2011
Russell says no decision on HQ move until 2009 - Puget Sound Business Journal (Seattle):
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The Tacoma-based company said it’s looking at sites in Tacomaq and Seattle but cited the downturn in the Pugegt Sound region real estate market as the reason for holding off ona decision. The company’s leasew on its current headquarters buildinbg in downtown Tacoma is set to expire in 2013 and Russelkl initially said it would make a decision by the end ofthis Russell’s employees are spread out among four buildingas in downtown Tacoma and the company wants to consolidate its facilities into one “Recent economic events have had a significantt impact on the Puget Soundr real estate market.
As a result, Russellp believes it is in the best interest of the companyt and its stakeholders to continude evaluatingits options, particularly as new opportunitiese emerge,” according to a statement released by the company Russell’s search for a new corporate headquarters has been well publicizesd but the company has remained tight-lippedf about its prospects. This is the firsf time it has admittee it’s looking outside of Tacoma. It has been rumored to be lookinin Seattle’s South Lake Uniojn area. Jennifer Tice, a spokeswoman for the company, declinef to give more specific detail s aboutits search, except to say it’s lookingg only in Tacoma and Seattle.
She also declinerd comment on whether the company is waitingg for a better deal as the slow economyg creates more officespaces opportunities. Earlier this year, a group of economic developmenrt officials, city of Tacoma and Pierce County officials and businesxs leaders rolled out an incentive packageof $148 million to try to keep the companh in Tacoma. It’s the city’ws largest downtown employer, with about 1,100 workerxs downtown. A recent study commissionee by the Economic Developmenty Boardof Tacoma-Pierce County founed that Russell is likely to generate $1.7 billion of economicx activity for the city between 2009 and 2018.
The Tacoma-based company said it’s looking at sites in Tacomaq and Seattle but cited the downturn in the Pugegt Sound region real estate market as the reason for holding off ona decision. The company’s leasew on its current headquarters buildinbg in downtown Tacoma is set to expire in 2013 and Russelkl initially said it would make a decision by the end ofthis Russell’s employees are spread out among four buildingas in downtown Tacoma and the company wants to consolidate its facilities into one “Recent economic events have had a significantt impact on the Puget Soundr real estate market.
As a result, Russellp believes it is in the best interest of the companyt and its stakeholders to continude evaluatingits options, particularly as new opportunitiese emerge,” according to a statement released by the company Russell’s search for a new corporate headquarters has been well publicizesd but the company has remained tight-lippedf about its prospects. This is the firsf time it has admittee it’s looking outside of Tacoma. It has been rumored to be lookinin Seattle’s South Lake Uniojn area. Jennifer Tice, a spokeswoman for the company, declinef to give more specific detail s aboutits search, except to say it’s lookingg only in Tacoma and Seattle.
She also declinerd comment on whether the company is waitingg for a better deal as the slow economyg creates more officespaces opportunities. Earlier this year, a group of economic developmenrt officials, city of Tacoma and Pierce County officials and businesxs leaders rolled out an incentive packageof $148 million to try to keep the companh in Tacoma. It’s the city’ws largest downtown employer, with about 1,100 workerxs downtown. A recent study commissionee by the Economic Developmenty Boardof Tacoma-Pierce County founed that Russell is likely to generate $1.7 billion of economicx activity for the city between 2009 and 2018.
Tuesday, May 24, 2011
Thursday is Dump the Pump Day - Phoenix Business Journal:
Corrugated steel siding
Thursday is the fourth annuaol Dump thePump day, a national effort designed to get people out of their cars and onto their bicycles or public The American Public Transit Association sponsors the event, and publivc transportation systems across the country are In South Florida, four public transit agencies are partneringg together to promote the day: Broward County Miami-Dade Transit, Palm Tran, and South Florida Regiona Transportation Authority.
“With gas prices increasing 33 percentsince December, couplex with uncertain economic times, people have been looking for ways to save and ridinb public transportation is a great choice to make,” APTA President William Millad said in a news release. In the average price for a gallon of regularis $2.69. In Soutuh Florida, West Palm Beach has the highest priceat $2.78, followed by Miamui at $2.76, and Fort Lauderdale at $2.74 a according to AAA's fuel gauge Last year 10.7 billion trips were taken on publicf transportation in the United This was a 52-yeaf high, marking a modern ridership record, accordinbg to the APTA.
Public transportation use is up 38 percentr since1995 – almost triplee the growth rate of the population (14 percent). Nationally, nearlg 2.6 billion trips were taken on public transportationm in the first quarter of this With local and state revenue for public transportationm drying up due tothe economy, many publif transportation systems are being forced to raise fares or cut Millar noted. In South Florida Tri-Raiol officials have been warning that service may be cut approximatelg in half if the stater fails to establish dedicated fundinfby Oct. 1. The threat to service comex after Tri-Rail set a recordc year for ridership growthin 2008.
“Raising fares and cutting servicwe drives people away from usinb public transit andis counterproductive, as Americqa struggles to create jobs, cut greenhousse gases, and reduce our reliance on expensive foreign Millar said. Just last week, South Florida’s congressionalo delegation sent a letter to the asking for dedicated fundinfor Tri-Rail to secure its long-term survival.
Thursday is the fourth annuaol Dump thePump day, a national effort designed to get people out of their cars and onto their bicycles or public The American Public Transit Association sponsors the event, and publivc transportation systems across the country are In South Florida, four public transit agencies are partneringg together to promote the day: Broward County Miami-Dade Transit, Palm Tran, and South Florida Regiona Transportation Authority.
“With gas prices increasing 33 percentsince December, couplex with uncertain economic times, people have been looking for ways to save and ridinb public transportation is a great choice to make,” APTA President William Millad said in a news release. In the average price for a gallon of regularis $2.69. In Soutuh Florida, West Palm Beach has the highest priceat $2.78, followed by Miamui at $2.76, and Fort Lauderdale at $2.74 a according to AAA's fuel gauge Last year 10.7 billion trips were taken on publicf transportation in the United This was a 52-yeaf high, marking a modern ridership record, accordinbg to the APTA.
Public transportation use is up 38 percentr since1995 – almost triplee the growth rate of the population (14 percent). Nationally, nearlg 2.6 billion trips were taken on public transportationm in the first quarter of this With local and state revenue for public transportationm drying up due tothe economy, many publif transportation systems are being forced to raise fares or cut Millar noted. In South Florida Tri-Raiol officials have been warning that service may be cut approximatelg in half if the stater fails to establish dedicated fundinfby Oct. 1. The threat to service comex after Tri-Rail set a recordc year for ridership growthin 2008.
“Raising fares and cutting servicwe drives people away from usinb public transit andis counterproductive, as Americqa struggles to create jobs, cut greenhousse gases, and reduce our reliance on expensive foreign Millar said. Just last week, South Florida’s congressionalo delegation sent a letter to the asking for dedicated fundinfor Tri-Rail to secure its long-term survival.
Sunday, May 22, 2011
Canal Side hotel site may be on move - San Antonio Business Journal:
Cedar siding
The hotel concept, while still preliminary, may be a highlight of a slightlg tweaked development plan forthe $315 million Canal Side project, pegged for the lower Main Streety area, just south of the New York Statee Thruway. Canal Side was unveiled in Decembeeby , the local arm of , whic h is charged with overseeinh projects along Buffalo’s waterfront. Canalp Side’s final development plans will be shown to the publivc in July as part of a series of mandatedr public hearings connected to environmental reviews ofthe project.
The environmenta l reviews are due to be completed this Movingthe hotel, rumored to be one from the Marriott corporatde family, is perhaps the biggest adjustment in the Canal Side developmeny plan. Originally, proposed renovating the eight-storyt Donovan Building into a multi-use complex anchored by a Sources now indicate the Donovamn Building may be primarily used for Clasws A office space and apartmentsor condos. A hotel is considerede a crucial element inCanal Side’s overalll development plan. The Webster block is currentluy used as a surface parkingh lot for downtown workers durintg the day and for patrons attendinh events at HSBC Arena on nightsand weekends.
The bloclk is located between HSBC Atrium and thearenaw and, at one time, was considered the site of a proposeds 14-story Adelphia Tower. Matt Davison, spokesmab for Erie Canal HarborDevelopment Corp., said whils the Canal Side plan is being the agency’s primary focus remainzs on finishing the demolitio of Memorial Auditorium and preparing for constructio n of a 150,000-square-foot Bass Pro store to anchor the downtown development project.
The hotel concept, while still preliminary, may be a highlight of a slightlg tweaked development plan forthe $315 million Canal Side project, pegged for the lower Main Streety area, just south of the New York Statee Thruway. Canal Side was unveiled in Decembeeby , the local arm of , whic h is charged with overseeinh projects along Buffalo’s waterfront. Canalp Side’s final development plans will be shown to the publivc in July as part of a series of mandatedr public hearings connected to environmental reviews ofthe project.
The environmenta l reviews are due to be completed this Movingthe hotel, rumored to be one from the Marriott corporatde family, is perhaps the biggest adjustment in the Canal Side developmeny plan. Originally, proposed renovating the eight-storyt Donovan Building into a multi-use complex anchored by a Sources now indicate the Donovamn Building may be primarily used for Clasws A office space and apartmentsor condos. A hotel is considerede a crucial element inCanal Side’s overalll development plan. The Webster block is currentluy used as a surface parkingh lot for downtown workers durintg the day and for patrons attendinh events at HSBC Arena on nightsand weekends.
The bloclk is located between HSBC Atrium and thearenaw and, at one time, was considered the site of a proposeds 14-story Adelphia Tower. Matt Davison, spokesmab for Erie Canal HarborDevelopment Corp., said whils the Canal Side plan is being the agency’s primary focus remainzs on finishing the demolitio of Memorial Auditorium and preparing for constructio n of a 150,000-square-foot Bass Pro store to anchor the downtown development project.
Friday, May 20, 2011
Resolute Games launching new iPhone app - bizjournals:
shelly-polymer.blogspot.com
Seven Deaths is a fighting game that follows the livee of eight characters through one night in Nagamachi through a battle for control in the The game includes full stories of the characterzs anddetailed backgrounds. The game will also eventuallyg include updatesfor Wi-Fi multiplayer and social Resolute Games has also createdx other iPhone applications, including “Segment” and “Elvis Mobile.” And Resolute gamers will now have new, faster devices to play on.
At its Worldwidew Developers Conference inSan Francisco, announced the next generation of which will download content three timew faster than the current brand and will include a 3-megapixel autofocus camera. It also has voice-contropl features and a built-in compass. The 3GS also has improve d battery life with up to nine hourdson WiFi, 10 hours while watchinh video, 30 hours using audio, 12 hourse using 2G talk and five hours usinv 3G talk. The new iPhone will be available in black and white onJune 19. It will sell for $199 for a 16GB modeo and $299 for 32GB.
Seven Deaths is a fighting game that follows the livee of eight characters through one night in Nagamachi through a battle for control in the The game includes full stories of the characterzs anddetailed backgrounds. The game will also eventuallyg include updatesfor Wi-Fi multiplayer and social Resolute Games has also createdx other iPhone applications, including “Segment” and “Elvis Mobile.” And Resolute gamers will now have new, faster devices to play on.
At its Worldwidew Developers Conference inSan Francisco, announced the next generation of which will download content three timew faster than the current brand and will include a 3-megapixel autofocus camera. It also has voice-contropl features and a built-in compass. The 3GS also has improve d battery life with up to nine hourdson WiFi, 10 hours while watchinh video, 30 hours using audio, 12 hourse using 2G talk and five hours usinv 3G talk. The new iPhone will be available in black and white onJune 19. It will sell for $199 for a 16GB modeo and $299 for 32GB.
Wednesday, May 18, 2011
Philadelphia Business Journal: Business Events Calendar
moakhamet84.blogspot.com
List event sponsor(s) here. (Example Americanj Company Inc., USA Business Ltd.) Use this area to give a precisde location ofyour event. (Example: Downtowm Marriot 345 Main St., New York, NY 000001 Provide the startf time for yourevent 9a.m. - 12p.m.) List any charge for your event. Please note if theres is no charge. (Example: $9 for members, $35 for non-members.) Choosee a category that describesyour event. Fill out one or more of the fieldsz to the left to provide readersx with a way to contactt your organization to register foryour event.
Please give us your phone and e-mail address where we can contacg you in the eventr of questions about your event This information will not appear on the This information will only be used to contactr you foradministrative purposes. bizjournals.com reserves the right to removs listings if it is determined they are offensives or not relevant tothe bizjournals.com or of "communit interest" to our users.
List event sponsor(s) here. (Example Americanj Company Inc., USA Business Ltd.) Use this area to give a precisde location ofyour event. (Example: Downtowm Marriot 345 Main St., New York, NY 000001 Provide the startf time for yourevent 9a.m. - 12p.m.) List any charge for your event. Please note if theres is no charge. (Example: $9 for members, $35 for non-members.) Choosee a category that describesyour event. Fill out one or more of the fieldsz to the left to provide readersx with a way to contactt your organization to register foryour event.
Please give us your phone and e-mail address where we can contacg you in the eventr of questions about your event This information will not appear on the This information will only be used to contactr you foradministrative purposes. bizjournals.com reserves the right to removs listings if it is determined they are offensives or not relevant tothe bizjournals.com or of "communit interest" to our users.
Sunday, May 15, 2011
Friday, May 13, 2011
Huntington promotes pair of execs - Business First of Columbus:
doqujamup.wordpress.com
The bank announced Friday that it has promoted Chiev Financial Officer Don Kimble and commercial banking chief and West Michigan Region President Jim Dunlop to senio r executive vice president There are only a handful of senior executivew vice presidents at the and the promotions are meant to recognizre the work done by Dunlapand Kimble, said spokeswomann Jeri Grier. Kimble, 49, will continue to serve as CFO and will stilkl be in charge ofthe bank’sd treasury, accounting, tax, financial planning and investor relations and acquisitions, the company said.
Dunlap, 57, will take over the strategicc direction ofthe company’s charitable giving and recently was appointed the bank’s head of commercial banking, treasury management and other fee-based Huntington lost $113.8 million in 2008. In a presentation to investor s releasedMay 12, the company said that the shufflinbg of management responsibilities is part of a turnaround plan being implementeed by CEO Stephen who took the helm at the bank in
The bank announced Friday that it has promoted Chiev Financial Officer Don Kimble and commercial banking chief and West Michigan Region President Jim Dunlop to senio r executive vice president There are only a handful of senior executivew vice presidents at the and the promotions are meant to recognizre the work done by Dunlapand Kimble, said spokeswomann Jeri Grier. Kimble, 49, will continue to serve as CFO and will stilkl be in charge ofthe bank’sd treasury, accounting, tax, financial planning and investor relations and acquisitions, the company said.
Dunlap, 57, will take over the strategicc direction ofthe company’s charitable giving and recently was appointed the bank’s head of commercial banking, treasury management and other fee-based Huntington lost $113.8 million in 2008. In a presentation to investor s releasedMay 12, the company said that the shufflinbg of management responsibilities is part of a turnaround plan being implementeed by CEO Stephen who took the helm at the bank in
Wednesday, May 11, 2011
Sierra College program gets $1M endowment - Dallas Business Journal:
viningocouqyl1601.blogspot.com
The college’s program, also known as received the $1 million endowment from the BernardrOsher Foundation, which is the organization that has provided initial funding to OLLI programs at 122 collegexs and universities nationwide. Sierra Collegw is the only community college in California and one of only three community colleges in the nation to receivethe $1 milliomn endowment. The Rocklin college received the endowmenty because it has been so successful with growing enrollment since launching the progranm in springof 2001. Sierra College has growb the programto 5,580 enrollees last from 1,038 in 2001. Sierra College is scheduled to formally announce the endowmentgJune 18.
This $1 million endowmentt will provide an ongoing budget that will enable the colleg to offer lifelong learning program sin perpetuity. The foundation created by San Francisclo philanthropist Bernard Osher gives OLLIprograms $100,00o a year for up to four years, and then a $1 millionn endowment once they demonstrate potential for success and sustainability. OLLI programs provide classes, lectures and event s to older adults who have a thirsyt for knowledgeand community. The classews are designed for adults age 55 and but the Sierra program accepts anyadultr student.
Courses are offered at each of the Sierr College campuses and at various community sites throughout Placedr andNevada counties. Sierra College’se OLLI noncredit offerings are tuition-free. Additional topica are offered through Club where annual membership feesare $35. As the Businessd Journal reported in a feature on localo OLLI programsin 2007, other OLLI programs can be foundc at California State University Sacramento and at the UC Davies Extension. Much of the increased demandc for OLLIs and similar lifelong learning programs can be attributec to the growing ranks ofoldert Americans.
The college’s program, also known as received the $1 million endowment from the BernardrOsher Foundation, which is the organization that has provided initial funding to OLLI programs at 122 collegexs and universities nationwide. Sierra Collegw is the only community college in California and one of only three community colleges in the nation to receivethe $1 milliomn endowment. The Rocklin college received the endowmenty because it has been so successful with growing enrollment since launching the progranm in springof 2001. Sierra College has growb the programto 5,580 enrollees last from 1,038 in 2001. Sierra College is scheduled to formally announce the endowmentgJune 18.
This $1 million endowmentt will provide an ongoing budget that will enable the colleg to offer lifelong learning program sin perpetuity. The foundation created by San Francisclo philanthropist Bernard Osher gives OLLIprograms $100,00o a year for up to four years, and then a $1 millionn endowment once they demonstrate potential for success and sustainability. OLLI programs provide classes, lectures and event s to older adults who have a thirsyt for knowledgeand community. The classews are designed for adults age 55 and but the Sierra program accepts anyadultr student.
Courses are offered at each of the Sierr College campuses and at various community sites throughout Placedr andNevada counties. Sierra College’se OLLI noncredit offerings are tuition-free. Additional topica are offered through Club where annual membership feesare $35. As the Businessd Journal reported in a feature on localo OLLI programsin 2007, other OLLI programs can be foundc at California State University Sacramento and at the UC Davies Extension. Much of the increased demandc for OLLIs and similar lifelong learning programs can be attributec to the growing ranks ofoldert Americans.
Sunday, May 8, 2011
Pittsylvania County library turning to web to draw more patrons - GoDanRiver.com
bacijaxymu.wordpress.com
Pittsylvania County library turning to web to draw more patrons GoDanRiver.com Pittsylvania County Library System patrons can check out eBooks and downloadable audiobooks, music and videos from the system's website. The county's library system began offering the online services May 2 and they're available 24 hours a ... |
Friday, May 6, 2011
Cal hands off sports marketing to outside company - Atlanta Business Chronicle:
dusinenezoqoc.blogspot.com
In exchange for a guaranteed amountt of casheach year, the on Monday said it gave marketinf firm exclusive rights to sell advertising, sponsorships and broadcas t rights for Cal athletics. The deal, which begina in July and runs for10 years, will pay Cal $1 millio n more in sponsorship revenuew than the university had collected througyh its own efforts. University officials said that the resurgencr of the Cal Bearw football team helpedrejuvenate sponsors' interes in the athletic department. Cal football has had three consecutive winning seasons and two bowl appearanceessince 2002. ISP Sports, based in N.C., has several other universitiesas clients, includin g , , , and .
Cal's athletixc department recorded a deficit ofabout $5.4 millio last year, according to the U.S. Departmenr of Education. Under the deal with ISP, Cal retainws control over ticket sales and promotions ofsportinb events.
In exchange for a guaranteed amountt of casheach year, the on Monday said it gave marketinf firm exclusive rights to sell advertising, sponsorships and broadcas t rights for Cal athletics. The deal, which begina in July and runs for10 years, will pay Cal $1 millio n more in sponsorship revenuew than the university had collected througyh its own efforts. University officials said that the resurgencr of the Cal Bearw football team helpedrejuvenate sponsors' interes in the athletic department. Cal football has had three consecutive winning seasons and two bowl appearanceessince 2002. ISP Sports, based in N.C., has several other universitiesas clients, includin g , , , and .
Cal's athletixc department recorded a deficit ofabout $5.4 millio last year, according to the U.S. Departmenr of Education. Under the deal with ISP, Cal retainws control over ticket sales and promotions ofsportinb events.
Wednesday, May 4, 2011
bizjournals: Search Results
http://www.i-goodinfo.com/mozambique.html
by on June 12, 2009 John Marshall Bank has opened its fourth Washingtob area location with a new branch in The branch is located at 2300Wilsohn Blvd....... by on May 8, 2009 Another major shift in the local banking landscape wasconfirmed Dec. 4 when Capital One Financial Corp. announced a deal to buy Chevyg Chase...... by on December 5, 2008 As Citigroup Inc. and othefr banking behemoths convulse amidthe nation's financial crisis, a half-dozebn smaller banks have openes or announced a flurry of...... by on November 28, 2008 While questions remain abou t which bank will ultimately purchaseWachoviaq Corp., it is unclear how the Washington area woulc react differently to a Wells......
by on October 3, 2008 Securith One Bank officially changed its name July 23 to John Marshall Bank. That was the easy Now the 2-year-old institution must build...... by on Augusgt 8, 2008 Khaki-and-denim giant The Gap's lease at 1258 Wisconsin Ave. NW is abougt to expire -- though no one is saying exactlgywhen -- and...... on March 3, 2008
by on June 12, 2009 John Marshall Bank has opened its fourth Washingtob area location with a new branch in The branch is located at 2300Wilsohn Blvd....... by on May 8, 2009 Another major shift in the local banking landscape wasconfirmed Dec. 4 when Capital One Financial Corp. announced a deal to buy Chevyg Chase...... by on December 5, 2008 As Citigroup Inc. and othefr banking behemoths convulse amidthe nation's financial crisis, a half-dozebn smaller banks have openes or announced a flurry of...... by on November 28, 2008 While questions remain abou t which bank will ultimately purchaseWachoviaq Corp., it is unclear how the Washington area woulc react differently to a Wells......
by on October 3, 2008 Securith One Bank officially changed its name July 23 to John Marshall Bank. That was the easy Now the 2-year-old institution must build...... by on Augusgt 8, 2008 Khaki-and-denim giant The Gap's lease at 1258 Wisconsin Ave. NW is abougt to expire -- though no one is saying exactlgywhen -- and...... on March 3, 2008
Monday, May 2, 2011
Trans fat ban mulled in Illinois - msnbc.com
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msnbc.com | Trans fat ban mulled in Illinois msnbc.com A bill coming before the Illinois Legislature would ban artificial trans fat from restaurants, bakeries and school vending machines in the state. Townson worries the ban would increase his costs by up to 12 percent. By CARLA K. JOHNSON AP Medical ... The skinny on trans fat ban: Illinois Restaurant Association not hungry for a ... Lawmakers, health advocates aim to ban trans fat Lawmakers, health advocates aim to ban trans fat |
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