Europe, Asia watching fed position on supply management Canada.com Two major rounds of trade negotiations affecting Canada take place next month â€" the first starting. |
Friday, June 29, 2012
Europe, Asia watching fed position on supply management - Canada.com
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Thursday, June 28, 2012
Taller-thinner buildings test case breaks ground - Puget Sound Business Journal (Seattle):
fixyruw.wordpress.com
The 28-story high-rise office project in the Denny Triangle is slated for completion inlate 2008, Touchstone President and principal Doug Howe said. Originallg planned as a 360,000-square-foot, 21-story building in the project grew toa 510,000-square-foot building after zoning restrictions were loosened in 2006. Touchstone Vice President and principal ShawnParry "The challenges of working through the new city code that has just been adopte were not horrible, but we all had to work together to get througjh it." The site at 2001 8th Ave. is located betweem Virginia andLenora streets, north of Westlake Avenue, and will be on the city of Seattle' s new streetcar route.
West 8th will provide territorial viewws to office tenants with much of the surroundinh property occupiedby mid-rise buildings, zone d for shorter buildings or at a lower Howe said. The office portion of the buildiny will start about 40 feetabovee ground, on top of severak levels of underground parking, street-level retaipl stores and above-grade, short-term visitor parking. Designed by the Seattlr architecturefirm , West 8th will includd a 10,000-square-foot landscaped terrace with water features, a chilfd care facility, a full-service restaurant, several casual restaurants and a coffee shop.
That's more restaurantsd than typical for anoffice project, but Howe said the growing number of residents and hotel guests in the neighborhood will help supporty the dining facilities. Touchstone is proceeding to develo West 8th without any tenants in but Howe anticipates the city will have very limited officew space with few vacancies by the time his buildinbg is ready for occupants inlate 2008. Because of Howe expects rents to rise sharplgy bythat time, enabling those who have premiunm Class A office space to leasre it for more than $50 a square fully serviced -- including taxes, utilitiez and operating costs.
Touchstone's financial partnere on the $185 million project is Prisa II which alsobacked Touchstone's 9th Stewart Life Sciences Building. Touchstone and Prudentialo are pursuing other regionaldevelopment opportunities, Howe
The 28-story high-rise office project in the Denny Triangle is slated for completion inlate 2008, Touchstone President and principal Doug Howe said. Originallg planned as a 360,000-square-foot, 21-story building in the project grew toa 510,000-square-foot building after zoning restrictions were loosened in 2006. Touchstone Vice President and principal ShawnParry "The challenges of working through the new city code that has just been adopte were not horrible, but we all had to work together to get througjh it." The site at 2001 8th Ave. is located betweem Virginia andLenora streets, north of Westlake Avenue, and will be on the city of Seattle' s new streetcar route.
West 8th will provide territorial viewws to office tenants with much of the surroundinh property occupiedby mid-rise buildings, zone d for shorter buildings or at a lower Howe said. The office portion of the buildiny will start about 40 feetabovee ground, on top of severak levels of underground parking, street-level retaipl stores and above-grade, short-term visitor parking. Designed by the Seattlr architecturefirm , West 8th will includd a 10,000-square-foot landscaped terrace with water features, a chilfd care facility, a full-service restaurant, several casual restaurants and a coffee shop.
That's more restaurantsd than typical for anoffice project, but Howe said the growing number of residents and hotel guests in the neighborhood will help supporty the dining facilities. Touchstone is proceeding to develo West 8th without any tenants in but Howe anticipates the city will have very limited officew space with few vacancies by the time his buildinbg is ready for occupants inlate 2008. Because of Howe expects rents to rise sharplgy bythat time, enabling those who have premiunm Class A office space to leasre it for more than $50 a square fully serviced -- including taxes, utilitiez and operating costs.
Touchstone's financial partnere on the $185 million project is Prisa II which alsobacked Touchstone's 9th Stewart Life Sciences Building. Touchstone and Prudentialo are pursuing other regionaldevelopment opportunities, Howe
Tuesday, June 26, 2012
Japan's Biken exploring use of Hemispherx fatigue drug in flu vaccines - Philadelphia Business Journal:
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The non-exclusive licensing agreement was signedwith Biken, the nonprofi t operational arm of the Foundation for Microbial Diseases of Osakz University. The deal also included funding suppor t for bird flu vaccine development from the National Institute of Infectiousz Diseasesof Japan. Hemispherx (AMEX:HEB) will received royalties and income for all Ampligen suppliee used in the ongoing experimental work and any subsequent marketing of Ampligemn to improve the performance of intranasal fluvacciner products.
Hemispherx is developing Ampligen as a treatment for chronic Last week, the Food and Drug Administratioj informed the company its new drug applicatiom for Ampligen, which has been in development for threer decades, was insufficiently complete. Hemispherx is working with the FDA to addressdits concerns.
The non-exclusive licensing agreement was signedwith Biken, the nonprofi t operational arm of the Foundation for Microbial Diseases of Osakz University. The deal also included funding suppor t for bird flu vaccine development from the National Institute of Infectiousz Diseasesof Japan. Hemispherx (AMEX:HEB) will received royalties and income for all Ampligen suppliee used in the ongoing experimental work and any subsequent marketing of Ampligemn to improve the performance of intranasal fluvacciner products.
Hemispherx is developing Ampligen as a treatment for chronic Last week, the Food and Drug Administratioj informed the company its new drug applicatiom for Ampligen, which has been in development for threer decades, was insufficiently complete. Hemispherx is working with the FDA to addressdits concerns.
Monday, June 25, 2012
GM to sell Hummer to Chinese company - Business First of Louisville:
sunrise-invoices.blogspot.com
The announcement comes one day after GM with plans to become aleaner company. Missouri has one Hummer in Chesterfield. Jim Lynch, ownerf of Lynch Hummer, said he knew the automakef was working on a deal to sell the brandc but welcomed the news as a way toease fears. “It’s good for business that it some of the apprehension that the brandx may be going away inthe public’s perception,” he The automaker said it has a memorandum of understanding and that the sale is expectefd to close by the end of thirs quarter of this year. The deal is expectedx to secure morethan 3,000 U.S.
jobs in engineering and at Hummer dealerships around the The company said the proposed transaction callz for the new Hummer owner to continuew to contract vehicle manufacturing and business servicexs from GM during a definedc transitionaltime period. For example, unde the proposed agreement, GM’s Shreveport, La., assemblh plant would continue to assemble the H3 and H3T throughg atleast 2010. GM is also tryinh to sell its Saab and Saturn brands and will phased out itsPontiac brand.
The announcement comes one day after GM with plans to become aleaner company. Missouri has one Hummer in Chesterfield. Jim Lynch, ownerf of Lynch Hummer, said he knew the automakef was working on a deal to sell the brandc but welcomed the news as a way toease fears. “It’s good for business that it some of the apprehension that the brandx may be going away inthe public’s perception,” he The automaker said it has a memorandum of understanding and that the sale is expectefd to close by the end of thirs quarter of this year. The deal is expectedx to secure morethan 3,000 U.S.
jobs in engineering and at Hummer dealerships around the The company said the proposed transaction callz for the new Hummer owner to continuew to contract vehicle manufacturing and business servicexs from GM during a definedc transitionaltime period. For example, unde the proposed agreement, GM’s Shreveport, La., assemblh plant would continue to assemble the H3 and H3T throughg atleast 2010. GM is also tryinh to sell its Saab and Saturn brands and will phased out itsPontiac brand.
Sunday, June 24, 2012
UCF wants to cut 5 programs, 51 jobs - San Antonio Business Journal:
ramoledef.blogspot.com
The move is aimed at saving $6.1 millionb and is in addition to $38 million in cuts the university hasalreadt imposed. The cuts are a resulg of less money coming from the Programs being cut arecardiopulmonaryu sciences, engineering technology, management information radiologic sciences and statistics and actuarial science. If approved by the the cuts will impactabout 1,100 students. Thoser close to graduation will receive assistance from the universit y to take the courses needed to completwtheir majors.
If the board approves the job the faculty and staff would have two semesterw notice before losing their job and some would remaih employed through the spring 2011 semester to allow student to complete their Students will also witness a 15 percentr increase in tuition beginning with the fall2009 “I wish the severity of the budgef cuts did not force us to consider thesre actions, but they are in the best intereste of the entire university. This is a very bitteer pill for the UCF communityto swallow,” said UCF president John C.
Hitt, in a prepared
The move is aimed at saving $6.1 millionb and is in addition to $38 million in cuts the university hasalreadt imposed. The cuts are a resulg of less money coming from the Programs being cut arecardiopulmonaryu sciences, engineering technology, management information radiologic sciences and statistics and actuarial science. If approved by the the cuts will impactabout 1,100 students. Thoser close to graduation will receive assistance from the universit y to take the courses needed to completwtheir majors.
If the board approves the job the faculty and staff would have two semesterw notice before losing their job and some would remaih employed through the spring 2011 semester to allow student to complete their Students will also witness a 15 percentr increase in tuition beginning with the fall2009 “I wish the severity of the budgef cuts did not force us to consider thesre actions, but they are in the best intereste of the entire university. This is a very bitteer pill for the UCF communityto swallow,” said UCF president John C.
Hitt, in a prepared
Friday, June 22, 2012
Coyotes actual attendance left Glendale arena a third empty - Sacramento Business Journal:
ignatiywulyxura.blogspot.com
That left the 17,800-seat Jobing.com Arensa more than one-third empty during the Coyote s latest season in which they failed to make the Nationaol HockeyLeague playoffs. The numbere compares to the team’s reported average ticket count ofabout 14,900 (including giveaways and sales) and average paid tickegt sales of 13,000. Such team data is part of Canadiam billionaireJim Balsillie's application to buy the team and move it to Ontario. Balsillie, CEO of Blackberrh maker Researchin Motion, has proposedd a $213 million deal. The Coyotes are in Chapteer 11bankruptcy reorganization.
The team has lost $316 millionb since moving to the Phoenix market in 1996 from The NHL and city of whichowns Jobing.com Arena, oppose moving the team to Canada and are battlinf Balsillie and Moyes in U.S. Bankruptcy Court. Balsillie’s application contends that the NHL team is not financially viabld in Phoenix and that the Coyotes lag behind othee sportschoices here. The Coyote s attendance is well behind theaverage 64,100 reportex by the Arizona Cardinal s as well as the Phoenix Suns with 18,400 fans and Arizona Diamondbacks at 31,009 fans for the most recent seasons, according to Espn.com. A U.S.
Bankruptcy Court hearing is set for June 9 to focuas on whether the team can be moved to Hamilton or must stayin Balsillie’s offer is the only formal deal put forwarx for the Coyotes.
That left the 17,800-seat Jobing.com Arensa more than one-third empty during the Coyote s latest season in which they failed to make the Nationaol HockeyLeague playoffs. The numbere compares to the team’s reported average ticket count ofabout 14,900 (including giveaways and sales) and average paid tickegt sales of 13,000. Such team data is part of Canadiam billionaireJim Balsillie's application to buy the team and move it to Ontario. Balsillie, CEO of Blackberrh maker Researchin Motion, has proposedd a $213 million deal. The Coyotes are in Chapteer 11bankruptcy reorganization.
The team has lost $316 millionb since moving to the Phoenix market in 1996 from The NHL and city of whichowns Jobing.com Arena, oppose moving the team to Canada and are battlinf Balsillie and Moyes in U.S. Bankruptcy Court. Balsillie’s application contends that the NHL team is not financially viabld in Phoenix and that the Coyotes lag behind othee sportschoices here. The Coyote s attendance is well behind theaverage 64,100 reportex by the Arizona Cardinal s as well as the Phoenix Suns with 18,400 fans and Arizona Diamondbacks at 31,009 fans for the most recent seasons, according to Espn.com. A U.S.
Bankruptcy Court hearing is set for June 9 to focuas on whether the team can be moved to Hamilton or must stayin Balsillie’s offer is the only formal deal put forwarx for the Coyotes.
Thursday, June 21, 2012
Regents Chancellor: Shield Teacher Eval Info Now - New York Daily News (blog)
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Regents Chancellor: Shield Teacher Eval Info Now New York Daily News (blog) The head of the state Board of Regents says it's “urgent†that the Senate pass Gov. Cuomo's plan to restrict release of teacher evaluations before session ends ... |
Tuesday, June 19, 2012
Genentech, Biogen Idec seek new FDA approval for Rituxan - Silicon Valley / San Jose Business Journal:
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Genentech of South San Franciscoand Mass.-based Biogen Idec (NASDAQ: BIIB) said they will requesg a priority review, which could mean an FDA decisiob within six months. Rituxan, a therapeutixc antibody already approved for a typeof non-Hodgkin’ss lymphoma and for rheumatoid arthritis, registered sales of $2.6 billiohn last year. That was 13 percent highet than 2007. Chronic lymphocytic leukemia, which occurs when too many abnormall white blood cells develop in the blood and bone marroww and makes it difficult for normaol white blood cells tofight infection, is the most commonh type of adult leukemia. CLL accounts for one-thirdc of all leukemias in the United There is no curefor CLL.
Two clinical which the companies said were two of the larges t global Phase III trials conducted inCLL patients, showe d that Rituxan plus standarx chemotherapy allowed patients to live about 10 months withou the cancer advancing. That is compared to those patientss in the trials who receiveechemotherapy alone. Nearly 1,500 patients were involved in the “We believe the data support the potentialp role of Rituxan as both an initial and second-line treatment for CLL, and look forwarrd to working with the FDA during the reviewq period,” said Dr. Hal Barron, Genentech’se chief medical officer and executive vice president ofgloball development.
Rituxan works by binding to aparticular protein, CD20, that is founfd on the surface of malignant cells as well as normal B-cells. It helpe to kill the markedr CD20positive B-cells. The drug’ s approval for non-Hodgkin’s lymphoma came in November 1997 and for rheumatoie arthritis inFebruary 2006. Genentech and Biogeb Idec co-market Rituxan in the United States. Chugaio and Zenyaku Kogyo Co. Ltd.
marketf Rituxan in Japan and Roche, which in March bought the 44 percenty of Genentech thatit didn’t alreadg own for $47 markets the drug in the rest of the
Genentech of South San Franciscoand Mass.-based Biogen Idec (NASDAQ: BIIB) said they will requesg a priority review, which could mean an FDA decisiob within six months. Rituxan, a therapeutixc antibody already approved for a typeof non-Hodgkin’ss lymphoma and for rheumatoid arthritis, registered sales of $2.6 billiohn last year. That was 13 percent highet than 2007. Chronic lymphocytic leukemia, which occurs when too many abnormall white blood cells develop in the blood and bone marroww and makes it difficult for normaol white blood cells tofight infection, is the most commonh type of adult leukemia. CLL accounts for one-thirdc of all leukemias in the United There is no curefor CLL.
Two clinical which the companies said were two of the larges t global Phase III trials conducted inCLL patients, showe d that Rituxan plus standarx chemotherapy allowed patients to live about 10 months withou the cancer advancing. That is compared to those patientss in the trials who receiveechemotherapy alone. Nearly 1,500 patients were involved in the “We believe the data support the potentialp role of Rituxan as both an initial and second-line treatment for CLL, and look forwarrd to working with the FDA during the reviewq period,” said Dr. Hal Barron, Genentech’se chief medical officer and executive vice president ofgloball development.
Rituxan works by binding to aparticular protein, CD20, that is founfd on the surface of malignant cells as well as normal B-cells. It helpe to kill the markedr CD20positive B-cells. The drug’ s approval for non-Hodgkin’s lymphoma came in November 1997 and for rheumatoie arthritis inFebruary 2006. Genentech and Biogeb Idec co-market Rituxan in the United States. Chugaio and Zenyaku Kogyo Co. Ltd.
marketf Rituxan in Japan and Roche, which in March bought the 44 percenty of Genentech thatit didn’t alreadg own for $47 markets the drug in the rest of the
Monday, June 18, 2012
Baltimore Gas and Electric expending energy in quest for $200M in stimulus money - Baltimore Business Journal:
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If the utility wins the it would meancustomers won't have to foot as much of the $500 millioj bill for new “smart” electricity meters. Meanwhile, the progra m also would save customeres money on their monthl y BGE bills by reducing their energy demand during peak consumption hours as much as37 percent, a pilot programn showed last summer. The competition for the money could be asother utilities, municipalities, cooperatives and retail electricf suppliers in Maryland and acrossz the country embark on similar projects and competee for the $3.4 billion set aside for smart grid programs.
Pepco and are among thosde also seekingthe $200 million maximum The program is coming as Presidentg Barack Obama stresses the national importance of energy independence and efficiency, and as Maryland political leaders are yearning to find ways to help residents reduce their utility BGE intends to file planas for its smart grid program with the Marylanc Public Service Commission later this month, said Mark senior vice president of strategy and regulator y affairs. The PSC would then have to approvde the program before the utilitgy can put itin place.
Smarrt grid programs are designed to share electricity usagre information with customers to encourage them to changd their behavior in a way that lessenz the demand on the power grid and increasee its reliabilityand efficiency. Asides from the grant, which would only cover up to half ofa project’ws costs, BGE plans to pay for the progra through an increase in its electricity distribution rate, spokeswoman Lindz Foy said. The exact increase hasn’ty been determined. Included in the cost of the program is purchase and installation ofthe meters, which look much like the traditiona l meters that have a spinning wheel to show a home’w energy consumption.
But the new meters are capableof two-way communication that will allow the utility to make daily check s of a customer’s power usage on an hour-by-hourf basis. Under the currentf system, technicians check meters about once a monthb to collect data on usage for that whole Case said. BGE also plans to put into plac a new pricing system that rewards customerz for reducing their demand duringpeak hours. Customersd would be notified in advance of peak timexs and get credits on their bills forcutting Or, if they have a smarr thermostat, installed as part of BGE’sa Peak Rewards program, the meterf can communicate with the thermostat to tell it to cycle air conditioning usage.
The utilityh tested both programs in summefr2008 — with 5,000 smart meter users, and 1,000 customers on the smart pricing system. Thos in the smart pricing pilot were notifiedvia e-mail or text message a day before peak usage was anticipated. They showed a 24 percent decrease inelectricituy usage. Others were notified via “energy orbs” — light bulb-liked devices installed in homes that BGE coulc turn red during peak times to encourage lesspowerf usage. Those customers decreased theidr usage by37 percent, Case said. The anticipatecd deadline for the first batcg of stimulus money applications isJuly 29.
Therer are two later deadlines, in December and March, but the Departmenf of Energy saidit can’gt predict whether any money will still be available after the first due date. The money will be awardefd several monthsafter that, once the departmentt completes a competitive review spokeswoman Jen Stutsman said. Other local utilities are goin after the moneyas well. Pepco and Delmarvz Power, which serve Marylanders near D.C., and on the Easternb Shore, respectively, will also seek the $200 million. Those companies are also planning smart grid saidRobert Dobkin, a spokesman for , both parent company.
Pittsburgh-based Allegheny power is also applyinv for a grant to covera $4 million smart grid trial in
If the utility wins the it would meancustomers won't have to foot as much of the $500 millioj bill for new “smart” electricity meters. Meanwhile, the progra m also would save customeres money on their monthl y BGE bills by reducing their energy demand during peak consumption hours as much as37 percent, a pilot programn showed last summer. The competition for the money could be asother utilities, municipalities, cooperatives and retail electricf suppliers in Maryland and acrossz the country embark on similar projects and competee for the $3.4 billion set aside for smart grid programs.
Pepco and are among thosde also seekingthe $200 million maximum The program is coming as Presidentg Barack Obama stresses the national importance of energy independence and efficiency, and as Maryland political leaders are yearning to find ways to help residents reduce their utility BGE intends to file planas for its smart grid program with the Marylanc Public Service Commission later this month, said Mark senior vice president of strategy and regulator y affairs. The PSC would then have to approvde the program before the utilitgy can put itin place.
Smarrt grid programs are designed to share electricity usagre information with customers to encourage them to changd their behavior in a way that lessenz the demand on the power grid and increasee its reliabilityand efficiency. Asides from the grant, which would only cover up to half ofa project’ws costs, BGE plans to pay for the progra through an increase in its electricity distribution rate, spokeswoman Lindz Foy said. The exact increase hasn’ty been determined. Included in the cost of the program is purchase and installation ofthe meters, which look much like the traditiona l meters that have a spinning wheel to show a home’w energy consumption.
But the new meters are capableof two-way communication that will allow the utility to make daily check s of a customer’s power usage on an hour-by-hourf basis. Under the currentf system, technicians check meters about once a monthb to collect data on usage for that whole Case said. BGE also plans to put into plac a new pricing system that rewards customerz for reducing their demand duringpeak hours. Customersd would be notified in advance of peak timexs and get credits on their bills forcutting Or, if they have a smarr thermostat, installed as part of BGE’sa Peak Rewards program, the meterf can communicate with the thermostat to tell it to cycle air conditioning usage.
The utilityh tested both programs in summefr2008 — with 5,000 smart meter users, and 1,000 customers on the smart pricing system. Thos in the smart pricing pilot were notifiedvia e-mail or text message a day before peak usage was anticipated. They showed a 24 percent decrease inelectricituy usage. Others were notified via “energy orbs” — light bulb-liked devices installed in homes that BGE coulc turn red during peak times to encourage lesspowerf usage. Those customers decreased theidr usage by37 percent, Case said. The anticipatecd deadline for the first batcg of stimulus money applications isJuly 29.
Therer are two later deadlines, in December and March, but the Departmenf of Energy saidit can’gt predict whether any money will still be available after the first due date. The money will be awardefd several monthsafter that, once the departmentt completes a competitive review spokeswoman Jen Stutsman said. Other local utilities are goin after the moneyas well. Pepco and Delmarvz Power, which serve Marylanders near D.C., and on the Easternb Shore, respectively, will also seek the $200 million. Those companies are also planning smart grid saidRobert Dobkin, a spokesman for , both parent company.
Pittsburgh-based Allegheny power is also applyinv for a grant to covera $4 million smart grid trial in
Sunday, June 17, 2012
Kansas City Fed district manufacturing improves - Dayton Business Journal:
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The production index for manufacturers reporting an increase in productioj in June from May was 9 its first foray into positive territorysinces August. About 33 percent of companieas surveyed said productionwas up, and about 22 percenft said it was down. The indexx was at -3 in May and -8 a year ago. Production indexes increased for durable andnondurable goods-producing The indexes for shipments, new orderws and order backlog all increased for the second-straighyt month and emerged from negative territory. The employment indec was -10 in June, up from -13 in May. It was at -9 a year ago. The averagde employee workweek indexhit 3, jumping from -14 in May and -3 a year ago.
The indesx had been negative since Inventories for materials and finishedd goodsremained negative, worsening from May to June and from last The future-production outlook index reached 13, up from 1 in May and down from 17 a year ago. The futurd capital expenditures index fellto -13 in June from -10 in May. The bank said most firmas indicated “some lingering hesitancy on major investments due to the only recenft pickupin activity.” The 10th district covers Western Missouri, Kansas, Colorado, Nebraska, Oklahoma, Wyoming and northern New Mexico.
The production index for manufacturers reporting an increase in productioj in June from May was 9 its first foray into positive territorysinces August. About 33 percent of companieas surveyed said productionwas up, and about 22 percenft said it was down. The indexx was at -3 in May and -8 a year ago. Production indexes increased for durable andnondurable goods-producing The indexes for shipments, new orderws and order backlog all increased for the second-straighyt month and emerged from negative territory. The employment indec was -10 in June, up from -13 in May. It was at -9 a year ago. The averagde employee workweek indexhit 3, jumping from -14 in May and -3 a year ago.
The indesx had been negative since Inventories for materials and finishedd goodsremained negative, worsening from May to June and from last The future-production outlook index reached 13, up from 1 in May and down from 17 a year ago. The futurd capital expenditures index fellto -13 in June from -10 in May. The bank said most firmas indicated “some lingering hesitancy on major investments due to the only recenft pickupin activity.” The 10th district covers Western Missouri, Kansas, Colorado, Nebraska, Oklahoma, Wyoming and northern New Mexico.
Friday, June 15, 2012
AG wins judgement against mortgage firm - Houston Business Journal:
houston-nearly.blogspot.com
Massachusetts Attorney General Martha Coakley won the judgement against Zeus Funding LLC and its Rachel Noyes, earlier this week in Boston’s Suffolki Superior Court. In August 2006, Coakley’s office sued Zeus Fundinvg as wellas Massachusetts-based ; Rachel manager of both Zeus and New England Merchants; Massachusetts-basex ; and Roberta Robinson, the managee and sole officer of Champagne Associates. The lawsuitf alleged that the defendants used their businessee to deceptivelypersuade low-income resident to purchasing homes and obtain mortgages they consumersx could not qualify for or afford.
Last Coakley settled with NewEngland Merchants, Champagnee Associates Real Estate and Roberta Robinson. Under the terms of the the defendants are prohibited from engaging in any mortgagw brokerage or real estate services in New England Merchants will paya $5,00p0 civil penalty. However, if any one of the defendantsa performs any real estate or mortgage brokerage services in they will face a civil penaltyof
Massachusetts Attorney General Martha Coakley won the judgement against Zeus Funding LLC and its Rachel Noyes, earlier this week in Boston’s Suffolki Superior Court. In August 2006, Coakley’s office sued Zeus Fundinvg as wellas Massachusetts-based ; Rachel manager of both Zeus and New England Merchants; Massachusetts-basex ; and Roberta Robinson, the managee and sole officer of Champagne Associates. The lawsuitf alleged that the defendants used their businessee to deceptivelypersuade low-income resident to purchasing homes and obtain mortgages they consumersx could not qualify for or afford.
Last Coakley settled with NewEngland Merchants, Champagnee Associates Real Estate and Roberta Robinson. Under the terms of the the defendants are prohibited from engaging in any mortgagw brokerage or real estate services in New England Merchants will paya $5,00p0 civil penalty. However, if any one of the defendantsa performs any real estate or mortgage brokerage services in they will face a civil penaltyof
Thursday, June 14, 2012
Bon-Ton same-store sales drop 8 percent - Dayton Business Journal:
viktorsejbgif.blogspot.com
Total sales for the five weeksdecreasec 7.5 percent, to $241.5 million. Year-to-date comparable store saleas for Bon-Ton (NASDAQ: BONT) decreased 9.1 percent, the company said Year-to-date total sales decreased 8.6 percent to $1.08 compared with $1.18 billion during the same perioxd ayear ago. “Although June sales started off strongt and met plan forthe month, the unusuallty cooler and rainy weather impacted sales of our summefr merchandise across all apparel said Tony Buccina, Bon-Ton’s vice chairman and presidenft of merchandising.
Reduced clearance merchandise sales accounted for more than half ofthe comparable-storews sales decline in June, Buccina The decrease in clearance sales will have a positive impac on Bon-Ton’s gross margih rate, he said. Bon-Ton’s best-performing businesses were soft accessories, cosmetics and children’s. The weakest-performing businesses were ladies’ sportswear, dresses and York, Pa.-based Bon-Ton operates 280 storews in 23 states includingnine Elder-Beerman stores in the Dayton area.
Total sales for the five weeksdecreasec 7.5 percent, to $241.5 million. Year-to-date comparable store saleas for Bon-Ton (NASDAQ: BONT) decreased 9.1 percent, the company said Year-to-date total sales decreased 8.6 percent to $1.08 compared with $1.18 billion during the same perioxd ayear ago. “Although June sales started off strongt and met plan forthe month, the unusuallty cooler and rainy weather impacted sales of our summefr merchandise across all apparel said Tony Buccina, Bon-Ton’s vice chairman and presidenft of merchandising.
Reduced clearance merchandise sales accounted for more than half ofthe comparable-storews sales decline in June, Buccina The decrease in clearance sales will have a positive impac on Bon-Ton’s gross margih rate, he said. Bon-Ton’s best-performing businesses were soft accessories, cosmetics and children’s. The weakest-performing businesses were ladies’ sportswear, dresses and York, Pa.-based Bon-Ton operates 280 storews in 23 states includingnine Elder-Beerman stores in the Dayton area.
Tuesday, June 12, 2012
ADP reports 532,000 May job cuts - Puget Sound Business Journal (Seattle):
fixyruw.wordpress.com
Payroll firm ADP reported Wednesday that companies inthe U.S. cut an estimatecd 532,000 workers from payrolls last ADP also revised higher its estimate of cuts in Aprilto 545,0090 from the previous estimatee of 491,000. The ADP report noted losses across all sizes and categories of businesse with large business payrollsdeclining 100,000, mediun businesses shedding 223,000 jobs and small businesses cuttinv 209,000 employees. The goods-producing sectoe lost 267,000 jobs while the service-producing sectofr declined by 265,000 positions. The Labo Department is due to release its jobs reporyton Friday.
The average analyst estimate for that report of governmen t as well as private payrolls is a lossof 520,000p payroll positions and an increase in the unemployment rate to 9.2 percent from April’se rate of 8.9 percent. On Monday, The Institute for Suppluy Management announced that its factory index rose to the highest level since last September as new orders posted their firsy gain since therecession began. On Tuesday the Nationalp Association of Realtors reported that pending sales ofexisting homes, or contracts signed but not rose 6.7 percent in April, the largest increasr in six years.
Payroll firm ADP reported Wednesday that companies inthe U.S. cut an estimatecd 532,000 workers from payrolls last ADP also revised higher its estimate of cuts in Aprilto 545,0090 from the previous estimatee of 491,000. The ADP report noted losses across all sizes and categories of businesse with large business payrollsdeclining 100,000, mediun businesses shedding 223,000 jobs and small businesses cuttinv 209,000 employees. The goods-producing sectoe lost 267,000 jobs while the service-producing sectofr declined by 265,000 positions. The Labo Department is due to release its jobs reporyton Friday.
The average analyst estimate for that report of governmen t as well as private payrolls is a lossof 520,000p payroll positions and an increase in the unemployment rate to 9.2 percent from April’se rate of 8.9 percent. On Monday, The Institute for Suppluy Management announced that its factory index rose to the highest level since last September as new orders posted their firsy gain since therecession began. On Tuesday the Nationalp Association of Realtors reported that pending sales ofexisting homes, or contracts signed but not rose 6.7 percent in April, the largest increasr in six years.
Monday, June 11, 2012
Difference Capital Funding Inc. completes second tranche of financing ... - Sacramento Bee
youngmanmeledero1636.blogspot.com
Difference Capital Funding Inc. completes second tranche of financing ... Sacramento Bee By Difference Capital Funding Inc. TORONTO, June 11, 2012 -- /CNW/ - Difference Capital Funding Inc ("Difference Capital") (TSXV: DCF) is pleased to announce that it closed the second tranche of its previously announced non-brokered private placement ... |
Met never detailed Stein's Vichy sympathies Jewish Telegraphic Agency (JTA) -- The Metropolitan Museum of Art in New York never substantially changed its label on its exhibit of the Gertrude Stein collection, continuing to ignore the Jewish writer's Vichy sympathies. Emily Greenhouse, a writer for the New Yorker, ... |
Thursday, June 7, 2012
Habibi, Eternal Summers, Caged Animals, and Ski Lodge playing the 2012 Sound ... - Brooklyn Vegan (blog)
8511ysu.blogspot.com
Brooklyn Vegan (blog) | Habibi, Eternal Summers, Caged Animals, and Ski Lodge playing the 2012 Sound ... Brooklyn Vegan (blog) by Bill Pearis Habibi, Eternal Summers, Caged Animals and Ski Lodge will be this year's lineup for the third Sound Bites series which will take place Sunday afternoons in August at the Fulton Stall Market by South Street Seaport... which I cura te. |
Tuesday, June 5, 2012
Waterfront TO finalizes Queen's Quay construction plans: looking pretty...by 2014 - Open File (blog)
hihozeima.blogspot.com
Waterfront TO finalizes Queen's Quay construction plans: looking pretty...by 2014 Open File (blog) Reporters were c » |
Monday, June 4, 2012
Clyde W. Ostler Executive Profile
mcfarlainofuqub1258.blogspot.com
Wealth Management Group provides high net worth and affluent clientx with products and services in the areas ofPrivatre Banking, investment counseling and management, trust and estatde planning, and brokerage. Wealth Management Group has morethan $200 billiohn in total assets under administration as of June 2007. Internet Servicese provides a full range of productsx andservices online, via a single sign on, for consumeres and small businesses. Wells Fargo was the firsr major financial services company to launcg internet banking services and enjoysa #1 market sharse of active online users amon banks.
Joining Wells Fargo in 1971, Ostlee has held management positionsin Planning, International, Systems, Investmenty and Online Banking. A native of San he graduated from the University of California at San Diegko witha B.A. in mathematics in 1968, and from the Universityy of Chicago withan M.B.A. in 1970. Ostler serves on a number of charitable andbusiness boards. **All Executive profiles data provided byDow Jones & Co., Inc.
Wealth Management Group provides high net worth and affluent clientx with products and services in the areas ofPrivatre Banking, investment counseling and management, trust and estatde planning, and brokerage. Wealth Management Group has morethan $200 billiohn in total assets under administration as of June 2007. Internet Servicese provides a full range of productsx andservices online, via a single sign on, for consumeres and small businesses. Wells Fargo was the firsr major financial services company to launcg internet banking services and enjoysa #1 market sharse of active online users amon banks.
Joining Wells Fargo in 1971, Ostlee has held management positionsin Planning, International, Systems, Investmenty and Online Banking. A native of San he graduated from the University of California at San Diegko witha B.A. in mathematics in 1968, and from the Universityy of Chicago withan M.B.A. in 1970. Ostler serves on a number of charitable andbusiness boards. **All Executive profiles data provided byDow Jones & Co., Inc.
Saturday, June 2, 2012
Dan Snyder stays at Six Flags under reorganization - Triangle Business Journal:
cicugaha.wordpress.com
Six Flags is also seeking a $600 millionh loan, secured by its assets, and $150 million in a new revolvinvcredit line. The company’s executive retention plan would keep Snyder as boare memberand chairman. Mark Shapiro, currently chief executive, as well as chiecf financial officer Jeffrey Speed and severap other top management would also stay on in executive Six Flags, which announced its Chapter 11 bankruptcy filintg over the weekend, listed $2.4 billion in debt and $3 billioj in assets. It hopes to cut debt by $1.8 billiojn and wipe out more than $300 millionj in preferred stock.
Snyder and his management team, who took control of the theme park operatotr three and a halfyears ago, have not been able to return the company to profitability, despitde increasing attendance and selling severa parks to raise capitap last year. The companyy reported a $146 millionj first quarter loss. Six Flags has said its reorganization will not affecgt park operations and its vendors and employees will continue tobe paid. Six Flagas 20 theme parks includein Largo.
Six Flags is also seeking a $600 millionh loan, secured by its assets, and $150 million in a new revolvinvcredit line. The company’s executive retention plan would keep Snyder as boare memberand chairman. Mark Shapiro, currently chief executive, as well as chiecf financial officer Jeffrey Speed and severap other top management would also stay on in executive Six Flags, which announced its Chapter 11 bankruptcy filintg over the weekend, listed $2.4 billion in debt and $3 billioj in assets. It hopes to cut debt by $1.8 billiojn and wipe out more than $300 millionj in preferred stock.
Snyder and his management team, who took control of the theme park operatotr three and a halfyears ago, have not been able to return the company to profitability, despitde increasing attendance and selling severa parks to raise capitap last year. The companyy reported a $146 millionj first quarter loss. Six Flags has said its reorganization will not affecgt park operations and its vendors and employees will continue tobe paid. Six Flagas 20 theme parks includein Largo.
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