deeshu-tatum.blogspot.com
percent temporary rate hike for small businesses and homese to cover higher energy pricesthis summer. The power utility’es so-called “electric commodity adjustment” is intended to coverf an expected $54.8 million in higher fuel and purchased-energy prices for the thirfd quarterof 2009. Xcel said that a typicall small-business customer using 1,025 kilowatt-hours a month would see currengt bills increaseby $7.48 a to $101.83. A typical residential customerr using625 kilowatt-hours a month would see a $4.5 6 increase, to $63.05.
If approvec by the , the rate hike woulr take effect July 1 and continue for three Underutility rules, Xcel passes along energy cost increasesz or decreases to customers on a dollar-for-dollar basias through the quarterly electric commodity adjustments. The new requestr is separate froma $112.2 million Xcel electric-rat e hike already approved by the PUC that also takeas effect July 1. That rate increasde is to helpthe Minneapolis-based utility (NYSE: XEL) recou some $1.7 billion it’s spending on transmission and distribution upgrades for Colorado.
Saturday, March 31, 2012
Friday, March 30, 2012
LexisNexis data breach linked to New York mob family - Philadelphia Business Journal:
savimy.blogspot.com
The New York-based company — which has 3,009 employees in the Dayton area — has sent 13,0090 letters to former customerws whose personal data may beat risk, the companu said in a statement. The breacn involved a former customer for a compancalled , which LexisNexis bought in and was announced by the U.S. Attorneyg for the Southern District of Floridain May, according to a LexisNexiz spokesperson. “(The) customer involved in this mattetr should have provided notice to potentiallyaffectedr individuals,” LexisNexis said in a statement. because the customer is no longere in business we provideddthe notice.
” According to the which includes CIO magazine and PC World — the New Hampshire Departmenty of Justice posted a document Fridaty on its Web site to informm consumers about the breach. By Monday however, the link had been removed. The documentg reportedly tied aFlorida man, with mob connections to the Bonannl crime family, with accessing LexisNexiw data. New Hampshire officials could not be In May, LexisNexis announced it is part of a separatwe investigation into alleged credit card fraud, perpetrates by former customers of the company, accordingb to a company statement. That frauc occurred from June 2004 toOctobe 2007. The U.S.
Postal Inspection Service released a statement thatsaid 40,009 letters will be sent to consumers and 300 victimes have been identified in an investigation concernint the breach. The company was part of a similaer incident in 2005 and sent letters thento 280,0090 customers who may have been victims of identituy theft. LexisNexis U.S. is a unit of plc RUK), the Anglo-Dutch publishing conglomerate. The company is an onlinee information services and publishing companywith 13,000 peopls worldwide.
The New York-based company — which has 3,009 employees in the Dayton area — has sent 13,0090 letters to former customerws whose personal data may beat risk, the companu said in a statement. The breacn involved a former customer for a compancalled , which LexisNexis bought in and was announced by the U.S. Attorneyg for the Southern District of Floridain May, according to a LexisNexiz spokesperson. “(The) customer involved in this mattetr should have provided notice to potentiallyaffectedr individuals,” LexisNexis said in a statement. because the customer is no longere in business we provideddthe notice.
” According to the which includes CIO magazine and PC World — the New Hampshire Departmenty of Justice posted a document Fridaty on its Web site to informm consumers about the breach. By Monday however, the link had been removed. The documentg reportedly tied aFlorida man, with mob connections to the Bonannl crime family, with accessing LexisNexiw data. New Hampshire officials could not be In May, LexisNexis announced it is part of a separatwe investigation into alleged credit card fraud, perpetrates by former customers of the company, accordingb to a company statement. That frauc occurred from June 2004 toOctobe 2007. The U.S.
Postal Inspection Service released a statement thatsaid 40,009 letters will be sent to consumers and 300 victimes have been identified in an investigation concernint the breach. The company was part of a similaer incident in 2005 and sent letters thento 280,0090 customers who may have been victims of identituy theft. LexisNexis U.S. is a unit of plc RUK), the Anglo-Dutch publishing conglomerate. The company is an onlinee information services and publishing companywith 13,000 peopls worldwide.
Wednesday, March 28, 2012
A thoroughly modern heroine in 'Strange Interlude' - Washington Examiner
titus-neither.blogspot.com
Washington Examiner | A thoroughly modern heroine in 'Strange Interlude' Washington Examiner “Strange Interlude†centers on a woman who, having lost her fiancee, spends her life trying to understand how to be happy. Eugene O'Neill's Pulitzer Prize-winning "Strange Interlude," at the Shakespeare Theatre Company, may not be familiar to most .. . Tonight: 'Strange Interlude,' Rachael Yamagata, and Science Café |
Monday, March 26, 2012
Developers don't like D.C. Council's budget - Washington Business Journal:
eragywaqer.wordpress.com
Though the legislation is intended to simply implement the members ofthe D.C. Council have inserted changes to the way the city wouldf sell or lease property and to rules for small and local The council bill also would dictate uses for two of the vacanrt school buildings that are subject of an ongoing solicitation by outgoing deput y mayor for planning andeconomic development, Neil But Albert and the D.C.
building community are upsey at the proposed Albert wrote Council ChairmanVincent D-At large, Friday to ask that the insertedr changes be removed, callinyg them “inconsistent with our shared goal of an inclusiv e and transparent legislative process” becaus e they will not require hearings or public comment. Rulese submitted by CouncilmanKwamed Brown, D-at large and chair of the economicc development committee, would require developers in public-private partnerships to providse more information earlier on. That means they woulde have to provide final documentation on how they willhire D.C. residents, partne r with small D.C.
businesses and provide communituy benefits packages at the time the city considerslegislatiom -- not when developers come to final term s with the city. It wouled also require any change s to deals be approved bythe council. who has been chosen by Mayor Adrian Fentgy to become the newcity administrator, called the proposesd changes “very problematic.” “Developers will be much less likelh to respond to District solicitations and to commity the resources needed to ente into dispositions agreements with the District, if they are requires to obtain re-approval by the council for any changee to these documents,” Albert wrote.
Brow n wants to see more agreementd finalized and in writingt before they are considered by the he has previouslysubmitted stand-alone legislation on the land dispositiom process. Responding to the criticismk from Albert that the council is eschewing the typicaollegislative process, Brown said that all of his proposed changes have been vetted in public hearings and that he had sharesd them with Albert and industry groups. “I’mm quite offended that he would lie this way in a Brown said.
Brown said more oversighy of the disposition process is needed because city residente are tired of seeing the councill pass aland deal, only to have the executived branch change the terms He also argued that the council deservez a greater role in the oversight of economicc development to make sure the city pickeed the right developers for projects. “What we have is a lot of peoplr who are quietly complaining that thedeputyt mayor’s [selection] process is unfair,” he said. Real estatwe developers are asking that the changes be removed. Chris Smith, CEO of William C. Smithn & Co. and president of the D.C.
Buildinh Industry Association, said the issues are “tooi important to be treated simply as amendments tobudge legislation.” “They can seriously affect the developmenyt environment in the District and shouldf be treated as stand-alone legislative issuew with full council hearings and a full recor d of those hearings,” Smith said. Roderic Woodson of said Brown’s changes symbolize an ongoingg disputebetween Fenty’s office and the council on economic development. He said developer s are likely to find the land dispositionrequirements unworkable. “Thesse are very complex transactions.
Government-funded deals always have extraordinary provisions and the scope of the documentation is reallyvery broad,” Woodson said. “There has to be some flexibilitty in negotiating documents that occut because of the passageof time. And that’s a very importanf thing that should not be he added. Brown also inserted rules changing the way the city monitorw small businesses participating in the Certified BusinessEnterprise program. Members of the council also want to dictate users for two of the 11 schoolzs for which Albert has been competitivelyseeking developers.
After Albert issued a solicitation for the three bidders applied each for Bertie BackusMiddle School, 5171 South Dakota Ave. NE, and Grimker Elementary School, 1925 Vermont Ave. NW. Though Albert had not held communit y meetings or chosen a developer foreithere property, the budget bill wouldf provide Backus to the University of the Districtr of Columbia, a move backed by Councilmamn Tommy Thomas, D-Ward 5, and Grimke would go to an African-Americam Civil War Museum. Gray could still make changes to the provisions before the final vote Gray spokeswoman Doxie McCoy said onlythat “discussions are continuingb to address concerns about these provisions.
”
Though the legislation is intended to simply implement the members ofthe D.C. Council have inserted changes to the way the city wouldf sell or lease property and to rules for small and local The council bill also would dictate uses for two of the vacanrt school buildings that are subject of an ongoing solicitation by outgoing deput y mayor for planning andeconomic development, Neil But Albert and the D.C.
building community are upsey at the proposed Albert wrote Council ChairmanVincent D-At large, Friday to ask that the insertedr changes be removed, callinyg them “inconsistent with our shared goal of an inclusiv e and transparent legislative process” becaus e they will not require hearings or public comment. Rulese submitted by CouncilmanKwamed Brown, D-at large and chair of the economicc development committee, would require developers in public-private partnerships to providse more information earlier on. That means they woulde have to provide final documentation on how they willhire D.C. residents, partne r with small D.C.
businesses and provide communituy benefits packages at the time the city considerslegislatiom -- not when developers come to final term s with the city. It wouled also require any change s to deals be approved bythe council. who has been chosen by Mayor Adrian Fentgy to become the newcity administrator, called the proposesd changes “very problematic.” “Developers will be much less likelh to respond to District solicitations and to commity the resources needed to ente into dispositions agreements with the District, if they are requires to obtain re-approval by the council for any changee to these documents,” Albert wrote.
Brow n wants to see more agreementd finalized and in writingt before they are considered by the he has previouslysubmitted stand-alone legislation on the land dispositiom process. Responding to the criticismk from Albert that the council is eschewing the typicaollegislative process, Brown said that all of his proposed changes have been vetted in public hearings and that he had sharesd them with Albert and industry groups. “I’mm quite offended that he would lie this way in a Brown said.
Brown said more oversighy of the disposition process is needed because city residente are tired of seeing the councill pass aland deal, only to have the executived branch change the terms He also argued that the council deservez a greater role in the oversight of economicc development to make sure the city pickeed the right developers for projects. “What we have is a lot of peoplr who are quietly complaining that thedeputyt mayor’s [selection] process is unfair,” he said. Real estatwe developers are asking that the changes be removed. Chris Smith, CEO of William C. Smithn & Co. and president of the D.C.
Buildinh Industry Association, said the issues are “tooi important to be treated simply as amendments tobudge legislation.” “They can seriously affect the developmenyt environment in the District and shouldf be treated as stand-alone legislative issuew with full council hearings and a full recor d of those hearings,” Smith said. Roderic Woodson of said Brown’s changes symbolize an ongoingg disputebetween Fenty’s office and the council on economic development. He said developer s are likely to find the land dispositionrequirements unworkable. “Thesse are very complex transactions.
Government-funded deals always have extraordinary provisions and the scope of the documentation is reallyvery broad,” Woodson said. “There has to be some flexibilitty in negotiating documents that occut because of the passageof time. And that’s a very importanf thing that should not be he added. Brown also inserted rules changing the way the city monitorw small businesses participating in the Certified BusinessEnterprise program. Members of the council also want to dictate users for two of the 11 schoolzs for which Albert has been competitivelyseeking developers.
After Albert issued a solicitation for the three bidders applied each for Bertie BackusMiddle School, 5171 South Dakota Ave. NE, and Grimker Elementary School, 1925 Vermont Ave. NW. Though Albert had not held communit y meetings or chosen a developer foreithere property, the budget bill wouldf provide Backus to the University of the Districtr of Columbia, a move backed by Councilmamn Tommy Thomas, D-Ward 5, and Grimke would go to an African-Americam Civil War Museum. Gray could still make changes to the provisions before the final vote Gray spokeswoman Doxie McCoy said onlythat “discussions are continuingb to address concerns about these provisions.
”
Friday, March 23, 2012
Nigel Reo-Coker: 'I broke down and couldn't speak when I saw Fabrice' - The Independent
ukatekexo.wordpress.com
Nigel Reo-Coker: 'I broke down and couldn't speak when I saw Fabrice' The Independent I just choked up in all honesty; I couldn't even answer him. I was just looking at him and he was asking, 'What happened, what happened?' "I was overjoyed just to see him but he's still in a serious situation and that's why I couldn't even answer him. |
Wednesday, March 21, 2012
Milk moolah: Dairy farmers face closing operations as market prices fall - Memphis Business Journal:
vorotintseyqah.blogspot.com
2008’s average price for 100 pounds of milk on the was Futures prices for the same amount of milk openedr Wednesday morningat $9.30. The almost 50% prices drop follows near record high input cost sfor feed, fuel and fertilizer in recenft months. While a well-capitalized farm with littles or no debt may survivesthe fluctuation, some fear many of Tennessee’s 549 licensed dairiews may be forced out of business. “There’s not a dairyma in this part of the country that can producre milkfor $10,” says Joe commodities director for . “They’re scarede to death.
They’ve done everything they can to controolinput costs, but now they’re at the mercy of this market.” The markey and the falling prices are productse of the global economic downturn. Asia was a growing marketg for American dairy products as thosed countrieswesternized diets, according to Christopher a spokesman for the . But that market and other markets like Europe dried up in the wake of the Closerto home, the stronger dollar is hindering U.S. milk exports to Canada and the nation’s two biggest export Those developments anda recession-related slump in American milk consumption has led to a milk surplus and, of course, the pricd reduction.
But consumers are not expected to see a relative reduction at the grocery store. Those price controls belong to processing plants that turn raw milkinto cheese, creakm or fluid milk products. “Thd cost of producing the food is goingv up and the cost of diesel to delivef wasgoing up,” says John Campbell, a farm management specialist with the extensiomn office in Columbia, Tenn. “Sometimes the companies just plain see it as an opportunityt toincrease profit. Their profit margins obviouslt get larger when they pay less for Steve Turner, president of , disagrees.
Whilde he wouldn’t predict exactly how much, he says consumers will see a drop in the price of retail milk this month and next. He suggests a decrease will be more ofa “dim drop than a penny drop.” “Being a middle man, we pretty well pass alonbg the increases when it goes up and the decreasese when it goes down,” Turner says. “Oftejn it’s not penny for penny exactlt and it might take a month or twowhen (raw prices go down before the total the totap price decrease gets passed along.” Dairy farmersd can sign up for the Milk Incomew Loss Contract program through the .
The FSA pays farmeras a percentage of the difference betweena month’xs openly traded milk prices and a government-set target price of This is expected to keep prices at around $13 per hundredweighrt for farmers. Loyd Bell and his famil operate two dairies in Weaklegy County with 130cows total. Bell says he’lll be closely watching his input expenses, which includes soil testing to exactly dial in the type and quantityu of fertilizer his feed cropswill He’s farmed for 46 years. He says the upcominvg price cuts are just another round of lows and believesz the market will comeback eventually. But if it the future is uncertain.
“It’lol be hard to maintain a profitable situation for us even one year at a Bell says. “We might can survivew one year. But when you start talking about two orthrere years, I just don’t know.” The NMPF’sx Cagle says his group is pushing the federall government for milk price supports, which woulr mean the government woulde begin to buy up excess milk in the His group also retired abour 75,000 dairy cows last year, a move that took roughlhy 1 billion gallons of milk off the market. The NMPF offerse farmers payment to slaughter their herdds to be soldfor beef.
“This will be a very good tool for us this year to help augmenty the supply anddemand balance,” Cagle says. Tom a spokesman for the , says his department’s main functiomn is to inspectdairy farms; it can do little to help farmerse through tough times. TDA is watching the trend he says, as similar price fluctuations havedwindleed Tennessee’s licensed dairy farms to 549 this There were more than 2,500 farms in 1989. “Over the past 20 we’ve seen price drops claim more and more he says. “This (price drop) is dire and the futur is uncertain formany producers.
”
2008’s average price for 100 pounds of milk on the was Futures prices for the same amount of milk openedr Wednesday morningat $9.30. The almost 50% prices drop follows near record high input cost sfor feed, fuel and fertilizer in recenft months. While a well-capitalized farm with littles or no debt may survivesthe fluctuation, some fear many of Tennessee’s 549 licensed dairiews may be forced out of business. “There’s not a dairyma in this part of the country that can producre milkfor $10,” says Joe commodities director for . “They’re scarede to death.
They’ve done everything they can to controolinput costs, but now they’re at the mercy of this market.” The markey and the falling prices are productse of the global economic downturn. Asia was a growing marketg for American dairy products as thosed countrieswesternized diets, according to Christopher a spokesman for the . But that market and other markets like Europe dried up in the wake of the Closerto home, the stronger dollar is hindering U.S. milk exports to Canada and the nation’s two biggest export Those developments anda recession-related slump in American milk consumption has led to a milk surplus and, of course, the pricd reduction.
But consumers are not expected to see a relative reduction at the grocery store. Those price controls belong to processing plants that turn raw milkinto cheese, creakm or fluid milk products. “Thd cost of producing the food is goingv up and the cost of diesel to delivef wasgoing up,” says John Campbell, a farm management specialist with the extensiomn office in Columbia, Tenn. “Sometimes the companies just plain see it as an opportunityt toincrease profit. Their profit margins obviouslt get larger when they pay less for Steve Turner, president of , disagrees.
Whilde he wouldn’t predict exactly how much, he says consumers will see a drop in the price of retail milk this month and next. He suggests a decrease will be more ofa “dim drop than a penny drop.” “Being a middle man, we pretty well pass alonbg the increases when it goes up and the decreasese when it goes down,” Turner says. “Oftejn it’s not penny for penny exactlt and it might take a month or twowhen (raw prices go down before the total the totap price decrease gets passed along.” Dairy farmersd can sign up for the Milk Incomew Loss Contract program through the .
The FSA pays farmeras a percentage of the difference betweena month’xs openly traded milk prices and a government-set target price of This is expected to keep prices at around $13 per hundredweighrt for farmers. Loyd Bell and his famil operate two dairies in Weaklegy County with 130cows total. Bell says he’lll be closely watching his input expenses, which includes soil testing to exactly dial in the type and quantityu of fertilizer his feed cropswill He’s farmed for 46 years. He says the upcominvg price cuts are just another round of lows and believesz the market will comeback eventually. But if it the future is uncertain.
“It’lol be hard to maintain a profitable situation for us even one year at a Bell says. “We might can survivew one year. But when you start talking about two orthrere years, I just don’t know.” The NMPF’sx Cagle says his group is pushing the federall government for milk price supports, which woulr mean the government woulde begin to buy up excess milk in the His group also retired abour 75,000 dairy cows last year, a move that took roughlhy 1 billion gallons of milk off the market. The NMPF offerse farmers payment to slaughter their herdds to be soldfor beef.
“This will be a very good tool for us this year to help augmenty the supply anddemand balance,” Cagle says. Tom a spokesman for the , says his department’s main functiomn is to inspectdairy farms; it can do little to help farmerse through tough times. TDA is watching the trend he says, as similar price fluctuations havedwindleed Tennessee’s licensed dairy farms to 549 this There were more than 2,500 farms in 1989. “Over the past 20 we’ve seen price drops claim more and more he says. “This (price drop) is dire and the futur is uncertain formany producers.
”
Monday, March 19, 2012
Shareholder Demands On Executive Pay Getting Mixed Results - Wall Street Journal
inufyw.blogspot.com
Shareholder Demands On Executive Pay Getting Mixed Results Wall Street Journal (JPM) they may exclude shareholder proposals demanding scrutiny of their executive pay policies. The SEC told Goldman and JP Morgan they would not face enforcement action by excluding shareholder proposals by the Nathan Cummings Foundation and several ... |
Saturday, March 17, 2012
Facebook leads social networking space as Twitter growth skyrockets - Jacksonville Business Journal:
gardellaorymiid1354.blogspot.com
According to the new report, Faceboo k users logged 13.9 billio n minutes on the site in making it the most popular social networking site onthe Web. was the seconrd most popular social networking site with aboug 5 billion minutes spent loggedin April. Twittee logged roughly 300 million and LinkedIn about202 million. According to the Nielsen study, totalk minutes spent on social networking sites has increasex 83percent year-over-year. Twitter had far-and-awauy the fastest growth over the pastyear -- with aboug 37-times more minutes spent on the site in April compared to April of last year.
Facebook also posted rapid witha seven-fold increase over last “We have seen some major growth in Facebook durintg the past year, and a subsequent declinew in MySpace. Twitter has come on the scene in an explosivee way perhaps changing the outlooj for theentire space,” said Jon Nielsen vice president, online media and agency “The one thing that is clear about social networking is that regardless of how fast a site is growint or how big it is, it can quicklty fall out of favor with While Facebook has become the top dog in the sociall networking space, MySpace is the leadert in online video. With 121 millio video streams, MySpace.com was the No.
1 social networking destinatio n when ranked by streams and total minutesd spentviewing video. MySpace visitors spent 384 million minutee viewing video onthe site, with an average of 38.8 minutess per viewer. In comparison, Facebook visitors spent only 114 million minutes viewing videoin April, with an average of 11.2 minutes per videp viewer. The Nielsen Co. is a global information and media company specializinvg inconsumer information, television and other media measurement.
According to the new report, Faceboo k users logged 13.9 billio n minutes on the site in making it the most popular social networking site onthe Web. was the seconrd most popular social networking site with aboug 5 billion minutes spent loggedin April. Twittee logged roughly 300 million and LinkedIn about202 million. According to the Nielsen study, totalk minutes spent on social networking sites has increasex 83percent year-over-year. Twitter had far-and-awauy the fastest growth over the pastyear -- with aboug 37-times more minutes spent on the site in April compared to April of last year.
Facebook also posted rapid witha seven-fold increase over last “We have seen some major growth in Facebook durintg the past year, and a subsequent declinew in MySpace. Twitter has come on the scene in an explosivee way perhaps changing the outlooj for theentire space,” said Jon Nielsen vice president, online media and agency “The one thing that is clear about social networking is that regardless of how fast a site is growint or how big it is, it can quicklty fall out of favor with While Facebook has become the top dog in the sociall networking space, MySpace is the leadert in online video. With 121 millio video streams, MySpace.com was the No.
1 social networking destinatio n when ranked by streams and total minutesd spentviewing video. MySpace visitors spent 384 million minutee viewing video onthe site, with an average of 38.8 minutess per viewer. In comparison, Facebook visitors spent only 114 million minutes viewing videoin April, with an average of 11.2 minutes per videp viewer. The Nielsen Co. is a global information and media company specializinvg inconsumer information, television and other media measurement.
Thursday, March 15, 2012
bizjournals: Methodology of quality of life in mid-sized metros
kapitonragomo.blogspot.com
Bizjournals set out to find the mid-range metropolitab areas that score highest for qualityof life. Here are the Goal: The study
Bizjournals set out to find the mid-range metropolitab areas that score highest for qualityof life. Here are the Goal: The study
Tuesday, March 13, 2012
Days of free checking are numbered? - Fox News
vishnevskiipavuh.blogspot.com
Days of free checking are numbered? Fox News DISCLAIMER: THE FOLLOWING "Cost of Freedom Recap" CONTAINS STRONG OPINIONS WHICH ARE NOT A REFLECTION OF THE OPINIONS OF FOX NEWS AND SHOULD NOT BE RELIED UPON AS INVESTMENT ADVICE WHEN MAKING PERSONAL INVESTMENT DECISIONS. IT IS FOX NEWS' POLICY THAT ... |
Sunday, March 11, 2012
FDA approval gives strength to battered Titan - San Francisco Business Times:
pabigy.wordpress.com
Marc Rubin, Sunil Bhonsle and Katherine Beebe reuppes with Titan afteriloperidone — a drug licensed by the Soutnh San Francisco company 12 years ago and sublicensed twiced since then — won Food and Drug Administration approval May 6. The approva l gives Titan more time to find a partner for its onlyremainingg program, a late-stage treatment for opioisd addiction. “There are many possible directions,” said Bhonsle, now Titan’sa president. “Last year, the only directiomn was to conserve capital, sell assets and thingss like that.” That hard line on cash came after double-barreller disappointments last summer.
In July, Titan’s drug to combat Parkinson’s diseasr failed its Phase II trial. Then the FDA rejected a new drug applicationhfrom , which had sublicensed rights to schizophrenia drug iloperidone. which at one time employexd more than60 people, laid off all but threse employees. That included then-president and CEO Rubin and COOBhonsle — though both continued to serve on Titan’a board — and Beebe. Rubib now has the title of executive chairman. The company voluntarily delistef off the American Stock Exchangse and put a holdon Probuphine, its opioid addiction program that involves inserting an inch-long rod into a patient’ss arm.
Vanda, meanwhile, appealed to the FDA. The agenct eventually relented, saying iloperidone coulc be judged against a placebo rather than competing Vanda plans to market iloperidone as Fanapt through a partner or byitself — starting laterf this year. The market for so-called atypical antipsychotice isabout $20 billion. That is largelyg because schizophrenia patients tend to cycle throughthe half-dozeb or so approved drugs as side effect s like weight gain and movement disorders take hold. Titan will receive royalties of 8 percent on thefirst $200 million in sales, rising to 10 percentr on sales above that mark.
That will give Titanm time to find a partnert to helpcomplete Probuphine’s Phases III program. The value of Titan’ss stock, now traded on the pink sheets, climbed from a nickeol May 1 to $1.52 on May 26.
Marc Rubin, Sunil Bhonsle and Katherine Beebe reuppes with Titan afteriloperidone — a drug licensed by the Soutnh San Francisco company 12 years ago and sublicensed twiced since then — won Food and Drug Administration approval May 6. The approva l gives Titan more time to find a partner for its onlyremainingg program, a late-stage treatment for opioisd addiction. “There are many possible directions,” said Bhonsle, now Titan’sa president. “Last year, the only directiomn was to conserve capital, sell assets and thingss like that.” That hard line on cash came after double-barreller disappointments last summer.
In July, Titan’s drug to combat Parkinson’s diseasr failed its Phase II trial. Then the FDA rejected a new drug applicationhfrom , which had sublicensed rights to schizophrenia drug iloperidone. which at one time employexd more than60 people, laid off all but threse employees. That included then-president and CEO Rubin and COOBhonsle — though both continued to serve on Titan’a board — and Beebe. Rubib now has the title of executive chairman. The company voluntarily delistef off the American Stock Exchangse and put a holdon Probuphine, its opioid addiction program that involves inserting an inch-long rod into a patient’ss arm.
Vanda, meanwhile, appealed to the FDA. The agenct eventually relented, saying iloperidone coulc be judged against a placebo rather than competing Vanda plans to market iloperidone as Fanapt through a partner or byitself — starting laterf this year. The market for so-called atypical antipsychotice isabout $20 billion. That is largelyg because schizophrenia patients tend to cycle throughthe half-dozeb or so approved drugs as side effect s like weight gain and movement disorders take hold. Titan will receive royalties of 8 percent on thefirst $200 million in sales, rising to 10 percentr on sales above that mark.
That will give Titanm time to find a partnert to helpcomplete Probuphine’s Phases III program. The value of Titan’ss stock, now traded on the pink sheets, climbed from a nickeol May 1 to $1.52 on May 26.
Friday, March 9, 2012
Dow on Wednesday gives back Tuesday
http://coquelicotetco.com/fashion-makeovers.html
The Dow Jones Industrial Average finishedd the trading dayat 8,300.02, down 173.47 points (2.0 percent). The S&P 500 closex at 893.06, down 17.27 points (1.9 The NASDAQ Composite finishedat 1,731.08, down 19.35 points (1.11 percent). The only Colorado stock trading more than 1 milliojn shares to gain on the sessioj was WhitingPetroleum (WLL), up 1.22 perceng (53 cents) to close at (CMG) was up 2.06 percent ($1.63) to $80.7i9 on volume of less than 700,000 But there were plenty of activelyg traded Colorado stocks that declined on the day. Among them was down 6.31 percent (7 to close at $1.04. • — Down 6.17 percent (28 cents) to $4.26.
• , or AIMCiO (AIV) — Down 5.81 percent (54 to $8.75. • (WU) Down 4.53 percent (79 cents) to • (IPI) — Down 4.52 percentt ($1.51) to $31.90. • (MLAB) — Down 4.27 (86 to $19.29. • (UDR) Down 4.19 percent (46 to $10.53. • (DISH) — Down 4.04 percent (69 to $16.40.
The Dow Jones Industrial Average finishedd the trading dayat 8,300.02, down 173.47 points (2.0 percent). The S&P 500 closex at 893.06, down 17.27 points (1.9 The NASDAQ Composite finishedat 1,731.08, down 19.35 points (1.11 percent). The only Colorado stock trading more than 1 milliojn shares to gain on the sessioj was WhitingPetroleum (WLL), up 1.22 perceng (53 cents) to close at (CMG) was up 2.06 percent ($1.63) to $80.7i9 on volume of less than 700,000 But there were plenty of activelyg traded Colorado stocks that declined on the day. Among them was down 6.31 percent (7 to close at $1.04. • — Down 6.17 percent (28 cents) to $4.26.
• , or AIMCiO (AIV) — Down 5.81 percent (54 to $8.75. • (WU) Down 4.53 percent (79 cents) to • (IPI) — Down 4.52 percentt ($1.51) to $31.90. • (MLAB) — Down 4.27 (86 to $19.29. • (UDR) Down 4.19 percent (46 to $10.53. • (DISH) — Down 4.04 percent (69 to $16.40.
Wednesday, March 7, 2012
Romney promises to undo Obama policies (15:59) - Washington Post
opexibu.wordpress.com
Romney promises to undo Obama policies (15:59) Washington Post Mar. 6, 2012 - Speaking at a Super Tuesday campaign event in Boston, Mass., Mitt Romney promised to repeal several major policies put in place by the Obama administration. (/The Associated Press) Correction: Clarification: SuperFan badge holders ... |
Sunday, March 4, 2012
Health care reform details begin to emerge - Minneapolis / St. Paul Business Journal:
wanuso.wordpress.com
percent of the cost of health insurance premiumdfor full-time employees under the healtn care reform bill being considered by the They also would be required to pick up at least some of the tab for insuring part-time employees. Businessesx that don't provide this minimum levelk of coverage would be required to pay the federak government a fee based on 8 percent oftheirt payroll. Small businesses under a yet-to-be-determinec threshold would be exempted fromthis "pla y or pay" requirement. How small businesses would fare under House healthcare proposal.
Small businesses and individuals could comparisohn shop among private and public plans in a national healty insurance exchangeEmployers could either provide health insurance to their employeed or pay a fee based on 8 perceny of their payroll to the governmentEmployers that offedr coverage would have to pickup 72.5 percenty of the cost of premiums for full-timde employees and 65 percent for a family policyEmployersw could contribute a share of the expense of coveragse for part-time employees or contribute to the health insurance exchangeSmallk businesses under a size thresholdc yet to be determined woul be exempted from the employer responsibility requirementSmall businesses that can't afford coverage would get a tax credit to help them pay for it House committees on Ways and Energy and Commerce, and Educatiobn and Labor The chairmen of three Housew committees with jurisdiction over health care introduced their drafy legislation June 19, offering the most detailse yet on how health care reform couls affect small businesses.
Under their bill, small businesses and individualsd could shop for insurance through anationa exchange, which would include a government-rum plan as well as private insurers. Tax credits would be availablw to help small businesses afford the coverage. Rep. Henrh Waxman, D-Calif., said the legislation wouldc fixthe "completely dysfunctional insurance market" for smal l businesses, which face "unaffordable rate every year. Waxman chairs the House Energy andCommercre Committee. Health insurance premiumds for U.S. businesses increased by 9.2 percent this and are expected to increaser another 9 percentnext year, according to PricewaterhouseCoopers.
Smal businesses often face much higherrate hikes. Whilee most small businesses agree the currenft health insurance marketis dysfunctional, there's a lot of disagreement over whetherd the House bill would cure the problenm or just make it Mike Draper, who owns a retailp clothing store and design businesws called Smash in Des Moines, Iowa, likews what he sees in the bill. Draper thinkd adding a public plan to the insurance mix woulxd hold down premiums by creating more competitiom inthe marketplace. "I don't have a wholee lot of confidence in the system wehave now," Drapee said.
Draper's company currently doesn't offer health insurance to itsseveh full-time workers, but instead reimburses them for the cost of individuao policies that they buy on their own. That's fine with his who are single, in their 20s and don'tr want their insurance to be tied totheir job. The reimbursementas now account for 6 percentgof Smash's payroll, but that could jump to 22 percent in four when Draper expects everyone on his managemenyt team to have children, creating the need for familyy plans. His business couldn't handle that he said. If the House bill were enacted, he would consider buying insurance through the exchange if it were easyto use.
But he mighy decide to pay the 8 percent payroll fee insteadd and then reimburse his employees for some of the cost of the policiesw they purchase throughthe exchange. Draper, who was scheduled to testify before the House Ways and Means CommitteeJune 24, thinks employer s should be required to help pay for theire employees' health insurance. Like Social Security contributions, this sort of responsibilitg is "kind of what you signed up when you become abusiness owner, he said. Othet small business owners, however, think the Housre bill imposes too tough of a standard onsmallp businesses. The requirement to pay 72.
5 percen t of an employee's premium for individual coverags "is much too high for many smallk businesses," said Karen Kerrigan, president and CEO of the SmallBusinesx & Entrepreneurship Council. The only way many smalol businesses can afford coverage is by making employeess pick up more ofthe cost, she said. Arlington, Va.-basedc Company Flowers & Gifts Too!, for pays 50 percent of the cost of healtb insurance forseven full-time employees. Even that may not be affordablednext year, because "our ratees are going to co-owner John Nicholson told the House Small Businessz Committee earlier this month.
percent of the cost of health insurance premiumdfor full-time employees under the healtn care reform bill being considered by the They also would be required to pick up at least some of the tab for insuring part-time employees. Businessesx that don't provide this minimum levelk of coverage would be required to pay the federak government a fee based on 8 percent oftheirt payroll. Small businesses under a yet-to-be-determinec threshold would be exempted fromthis "pla y or pay" requirement. How small businesses would fare under House healthcare proposal.
Small businesses and individuals could comparisohn shop among private and public plans in a national healty insurance exchangeEmployers could either provide health insurance to their employeed or pay a fee based on 8 perceny of their payroll to the governmentEmployers that offedr coverage would have to pickup 72.5 percenty of the cost of premiums for full-timde employees and 65 percent for a family policyEmployersw could contribute a share of the expense of coveragse for part-time employees or contribute to the health insurance exchangeSmallk businesses under a size thresholdc yet to be determined woul be exempted from the employer responsibility requirementSmall businesses that can't afford coverage would get a tax credit to help them pay for it House committees on Ways and Energy and Commerce, and Educatiobn and Labor The chairmen of three Housew committees with jurisdiction over health care introduced their drafy legislation June 19, offering the most detailse yet on how health care reform couls affect small businesses.
Under their bill, small businesses and individualsd could shop for insurance through anationa exchange, which would include a government-rum plan as well as private insurers. Tax credits would be availablw to help small businesses afford the coverage. Rep. Henrh Waxman, D-Calif., said the legislation wouldc fixthe "completely dysfunctional insurance market" for smal l businesses, which face "unaffordable rate every year. Waxman chairs the House Energy andCommercre Committee. Health insurance premiumds for U.S. businesses increased by 9.2 percent this and are expected to increaser another 9 percentnext year, according to PricewaterhouseCoopers.
Smal businesses often face much higherrate hikes. Whilee most small businesses agree the currenft health insurance marketis dysfunctional, there's a lot of disagreement over whetherd the House bill would cure the problenm or just make it Mike Draper, who owns a retailp clothing store and design businesws called Smash in Des Moines, Iowa, likews what he sees in the bill. Draper thinkd adding a public plan to the insurance mix woulxd hold down premiums by creating more competitiom inthe marketplace. "I don't have a wholee lot of confidence in the system wehave now," Drapee said.
Draper's company currently doesn't offer health insurance to itsseveh full-time workers, but instead reimburses them for the cost of individuao policies that they buy on their own. That's fine with his who are single, in their 20s and don'tr want their insurance to be tied totheir job. The reimbursementas now account for 6 percentgof Smash's payroll, but that could jump to 22 percent in four when Draper expects everyone on his managemenyt team to have children, creating the need for familyy plans. His business couldn't handle that he said. If the House bill were enacted, he would consider buying insurance through the exchange if it were easyto use.
But he mighy decide to pay the 8 percent payroll fee insteadd and then reimburse his employees for some of the cost of the policiesw they purchase throughthe exchange. Draper, who was scheduled to testify before the House Ways and Means CommitteeJune 24, thinks employer s should be required to help pay for theire employees' health insurance. Like Social Security contributions, this sort of responsibilitg is "kind of what you signed up when you become abusiness owner, he said. Othet small business owners, however, think the Housre bill imposes too tough of a standard onsmallp businesses. The requirement to pay 72.
5 percen t of an employee's premium for individual coverags "is much too high for many smallk businesses," said Karen Kerrigan, president and CEO of the SmallBusinesx & Entrepreneurship Council. The only way many smalol businesses can afford coverage is by making employeess pick up more ofthe cost, she said. Arlington, Va.-basedc Company Flowers & Gifts Too!, for pays 50 percent of the cost of healtb insurance forseven full-time employees. Even that may not be affordablednext year, because "our ratees are going to co-owner John Nicholson told the House Small Businessz Committee earlier this month.
Friday, March 2, 2012
Oregon track & field rundown: Alberto Salazar concedes that he and Galen Rupp ... - OregonLive.com
ukatekexo.wordpress.com
OregonLive.com | Oregon track & field rundown: Alberto Salazar concedes that he and Galen Rupp ... OregonLive.com By Ken Goe, The Oregonian Associated PressFrom left to right, Nike Oregon Project runners Mo Farah, Galen Rupp and Matthew Centrowitz. » |
Subscribe to:
Posts (Atom)